3-6-2022 Newshound Guru Pimpy I never denied the fact that an increase in purchasing power would benefit Iraq and especially the Iraqi people. Also I never said it's for sure not going to be reinstated at $3.22. What I said was it's not likely. But that's just my opinion...I don't flip-flop not at all. I told everybody IMO the Iraqi dinar is going to increase in value but it's going to happen in increments but also if I'm reading the news articles it sure the heck appears the way the language is being used it definitely appears like they're considering it [An RV or an RI]. That doesn't change my mind about the fact that I think that it's going to be done in increments.
3-6-2022 Intel Guru MarkZ [via PDK] [Does the parliament in Iraq have the power to request aa reinstatement of the dinar?] The way they have separated the parliament from the CBI…parliament can push and push and push for an RV or Ri…but the way I understand it the power to do this is solely with the CBI. So it is up to the CBI, but they are being leaned on now.
3-6-2022 Newshound Guru Godlover As a general rule, Iraq does little to nothing during Ramadan...But if they could seat a new POR or the current stays & had the authority to send the budget to parliament, in theory they could work on the budget during Ramadan. The absolute soonest I can see the budget opening is early May...imo the best times for the MR reforms are end/beginning, mid year, because of accounting purposes imo. With that theory...June could be in play. Certainly, if the budget were not to open by July, I would suspect that the budget will not open this year at all.
3-6-2022 Newshound Guru Pimpy What I find about those individuals who believe that the Iraq dinar is a scam...I put them in three categories. 1. They bought into dinar and got impatient and now are so frustrated they just call it a scam. 2. Are those people who are just trolls. They like to come on here stir people up and cause problems. 3. ...Those people...on the border. They own dinars and they're trying to convince themselves that this isn't real and they should sell it but...they can't quite let go of the dinar. They're kind of torn in their mind. They're not sure what they want to do so they figure if I throw some negative energy on it then people will comment back and somebody might say something that will convince me totally not to give up my dinars...
3-6-2022 Newshound Guru Desert Advisor Article "International Monetary warns Iraq and announces its position on the dollar exchange rate" The IMF is telling them you guys should look into raising your exchange rate... Youtube video "Speaker Halbousi Speech on Revaluing Iraq Dinar Exchange Rate" This guy did a great job...he gave a speech on revaluing the Iraqi dinar exchange rate. [NOTE: See video below] He talks on why it was good - Why it was bad...and how certain private banks...and finance companies...will profit once the exchange rate is taken...Great speech about 23 minutes. You definitely want to check it out...it's really informative. [Post 2 of 2] The latest guru posts continue under the video...
3-6-2022 Intel Guru MarkZ [via PDK] [Does the parliament in Iraq have the power to request aa reinstatement of the dinar?] The way they have separated the parliament from the CBI…parliament can push and push and push for an RV or Ri…but the way I understand it the power to do this is solely with the CBI. So it is up to the CBI, but they are being leaned on now.
3-6-2022 Newshound Guru Godlover As a general rule, Iraq does little to nothing during Ramadan...But if they could seat a new POR or the current stays & had the authority to send the budget to parliament, in theory they could work on the budget during Ramadan. The absolute soonest I can see the budget opening is early May...imo the best times for the MR reforms are end/beginning, mid year, because of accounting purposes imo. With that theory...June could be in play. Certainly, if the budget were not to open by July, I would suspect that the budget will not open this year at all.
3-6-2022 Newshound Guru Pimpy What I find about those individuals who believe that the Iraq dinar is a scam...I put them in three categories. 1. They bought into dinar and got impatient and now are so frustrated they just call it a scam. 2. Are those people who are just trolls. They like to come on here stir people up and cause problems. 3. ...Those people...on the border. They own dinars and they're trying to convince themselves that this isn't real and they should sell it but...they can't quite let go of the dinar. They're kind of torn in their mind. They're not sure what they want to do so they figure if I throw some negative energy on it then people will comment back and somebody might say something that will convince me totally not to give up my dinars...
3-6-2022 Newshound Guru Desert Advisor Article "International Monetary warns Iraq and announces its position on the dollar exchange rate" The IMF is telling them you guys should look into raising your exchange rate... Youtube video "Speaker Halbousi Speech on Revaluing Iraq Dinar Exchange Rate" This guy did a great job...he gave a speech on revaluing the Iraqi dinar exchange rate. [NOTE: See video below] He talks on why it was good - Why it was bad...and how certain private banks...and finance companies...will profit once the exchange rate is taken...Great speech about 23 minutes. You definitely want to check it out...it's really informative. [Post 2 of 2] The latest guru posts continue under the video...
3-6-2022 Newshound Guru Desert Advisor They have been talking nonstop about the exchange rate...A lot of the news articles that have been coming out are consistently just talking about the exchange rate. Just talking, talking, talking about the exchange rate...good/bad. Article "Al-Kazem's advisor: The state's loss will be great by adjusting the exchange rate" When I read it he's not that much in favor of raising the exchange rate the dinar. He's talking about how the state is going to be at a bigger loss if we start to do that. That's one side of the coin. [Post 1 of 2]
3-6-2022 Newshound Guru MilitiaMan the CBI, they have the exchange rate in their court. Not the GOI / Finance Minister, his tasks are important, just different from the CBI...They are independent from each other. As for the political side of things, they will eventually come around. They may even come around at the same time. I know there is a view that they need to be first, but, the way I read it and from the expert on the CBI has it that the exchange rate is in their court…They devalued before and they can revalue in the future...
3-6-2022 Newshound Guru MilitiaMan the CBI, they have the exchange rate in their court. Not the GOI / Finance Minister, his tasks are important, just different from the CBI...They are independent from each other. As for the political side of things, they will eventually come around. They may even come around at the same time. I know there is a view that they need to be first, but, the way I read it and from the expert on the CBI has it that the exchange rate is in their court…They devalued before and they can revalue in the future...
3-5-2022 Newshound Guru Pimpy Article "Fitch Affirms Iraq at 'B-'; Outlook Stable" Since 2015 they keep slowly but surely devaluing the currency. I bring this up for a reason. Understand Iraq today in 2022 is nothing like Iraq even from 2020. It has come a long ways. There is plenty of reason to feel so optimistic about the dinar investment.
3-5-2022 Intel Guru RVAlready I don’t think the CBI will agree to change the rate until the government is seated. Hopefully, they will install the president by next Friday.
3-5-2022 Newshound Guru Kaperoni Community perception - "the exchange rate of the Iraqi dinar is currently a fake and suppressed value." is a misrepresentation of the IMF directives...Again not true and just nonsense. The exchange rate is the exchange rate of the Iraqi dinar it is not fake or a suppressed value. Over the years the IMF has created programs hence the term 'program' to stabilize the currency, cut costs, meet directives etc. By no means is the exchange rate of the dinar artificial...
3-5-2022 Newshound Guru Pimpy The articles that you read it gives the appearance that they plan on reinstating the rate. I try to avoid going in that area because I don't want anybody to have false hopes but I am saying this appears...that they intend to reinstate the rate at $3.22. I'm surprised by what I'm reading. I go, 'wow, maybe they are.' Why are they going through so much trouble? ...Because if you're going to make the adjustment and it's a small one it doesn't seem to me like they need to go through so much hoopla IMO...
3-5-2022 Newshound Guru Militiaman They have told us they want to cease the currency auctions. Well, Sunday’s auction was a mere $960,000.00. That is a very telling sign in and of itself...By that we can garner...behind the scenes...progress is getting done...The goal is to help the citizens. Purchase power brings hope and healing to the citizens, and that requires an exchange rate change. The support for that rate change...will be derived from the increase in oil pricing to the tune of $120+- a barrel and including the revenues form the automation of the borders equaling a similar amount to oil. Let us see what happens next, my feeling is it is all good!!
3-5-2022 Intel Guru MarkZ [via PDK] Iraq has announced they are increasing oil production to 295,000 thousand barrels per day. I think that is important for us...This will be a huge boon for the Iraqi economy, and government. This is on top of what they are already selling us…if you do the math…at over $100 dollars a barrel…yesterday is was $113.00 …this is at least an additional $33 million, 335 thousand dollars Per Day …. With oil prices this high…they absolutely can afford to do the RV. This is phenomenal timing for them to do this…
3-5-2022 Newshound Guru Godlover Here are my thoughts of late. The candidacy for presidency drama continues. Per other articles, if nothing is resolved, the current president stays in office for the next term. I am not certain when that scenario could take place though...I don’t expect the budget to open until the new government is formed & seated. How long of a process for parliament to read & vote on the budget, is still unknown of course. As well, I don’t expect government formation completed until after Ramadan.
3-5-2022 Intel Guru Frank26 The mantra to change the exchange rate is strong. It's loud. Parliament is jockeying to gain strength. Where what they should do is sit the government. Once they sit their government...you know what they will give them...
3-5-2022 Newshound/Intel Guru Mnt Goat Article: "ZAIN CASH ANNOUNCES THE PROVISION OF MONEY TRANSFER SERVICES TO MORE THAN 200 COUNTRIES SOON" So now they can freely move and transfer money around the world? Yet still have not reinstated the dinar? What has changed? What has changed in they are now completely out of Chapter VII. How could they then reinstate the dinar before now? The answer is they could not...Do you see how significant the completion of war reparations to Kuwait is for Iraq? WOW! This county is going to now take-off...We know one of the next moves is to reinstate the dinar. It is coming shortly.
3-5-2022 Intel Guru RVAlready I don’t think the CBI will agree to change the rate until the government is seated. Hopefully, they will install the president by next Friday.
3-5-2022 Newshound Guru Kaperoni Community perception - "the exchange rate of the Iraqi dinar is currently a fake and suppressed value." is a misrepresentation of the IMF directives...Again not true and just nonsense. The exchange rate is the exchange rate of the Iraqi dinar it is not fake or a suppressed value. Over the years the IMF has created programs hence the term 'program' to stabilize the currency, cut costs, meet directives etc. By no means is the exchange rate of the dinar artificial...
3-5-2022 Newshound Guru Pimpy The articles that you read it gives the appearance that they plan on reinstating the rate. I try to avoid going in that area because I don't want anybody to have false hopes but I am saying this appears...that they intend to reinstate the rate at $3.22. I'm surprised by what I'm reading. I go, 'wow, maybe they are.' Why are they going through so much trouble? ...Because if you're going to make the adjustment and it's a small one it doesn't seem to me like they need to go through so much hoopla IMO...
3-5-2022 Newshound Guru Militiaman They have told us they want to cease the currency auctions. Well, Sunday’s auction was a mere $960,000.00. That is a very telling sign in and of itself...By that we can garner...behind the scenes...progress is getting done...The goal is to help the citizens. Purchase power brings hope and healing to the citizens, and that requires an exchange rate change. The support for that rate change...will be derived from the increase in oil pricing to the tune of $120+- a barrel and including the revenues form the automation of the borders equaling a similar amount to oil. Let us see what happens next, my feeling is it is all good!!
3-5-2022 Intel Guru MarkZ [via PDK] Iraq has announced they are increasing oil production to 295,000 thousand barrels per day. I think that is important for us...This will be a huge boon for the Iraqi economy, and government. This is on top of what they are already selling us…if you do the math…at over $100 dollars a barrel…yesterday is was $113.00 …this is at least an additional $33 million, 335 thousand dollars Per Day …. With oil prices this high…they absolutely can afford to do the RV. This is phenomenal timing for them to do this…
3-5-2022 Newshound Guru Godlover Here are my thoughts of late. The candidacy for presidency drama continues. Per other articles, if nothing is resolved, the current president stays in office for the next term. I am not certain when that scenario could take place though...I don’t expect the budget to open until the new government is formed & seated. How long of a process for parliament to read & vote on the budget, is still unknown of course. As well, I don’t expect government formation completed until after Ramadan.
3-5-2022 Intel Guru Frank26 The mantra to change the exchange rate is strong. It's loud. Parliament is jockeying to gain strength. Where what they should do is sit the government. Once they sit their government...you know what they will give them...
3-5-2022 Newshound/Intel Guru Mnt Goat Article: "ZAIN CASH ANNOUNCES THE PROVISION OF MONEY TRANSFER SERVICES TO MORE THAN 200 COUNTRIES SOON" So now they can freely move and transfer money around the world? Yet still have not reinstated the dinar? What has changed? What has changed in they are now completely out of Chapter VII. How could they then reinstate the dinar before now? The answer is they could not...Do you see how significant the completion of war reparations to Kuwait is for Iraq? WOW! This county is going to now take-off...We know one of the next moves is to reinstate the dinar. It is coming shortly.
3-4-2022 Newshound Guru Pimpy Article: "What are the legal ways to lower the dollar price again?" Here's the thing - the Iraq government cannot lower the rate. It has to be done by the governor of the bank. But they certainly are putting a lot of pressure on him. So what happens is they can come up with the agreement...he makes a recommendation, he either goes down with the current rate or he makes a recommendation. Then it gets voted on. Quote: "The governor of the central bank may propose to change the dollar exchange rate and present it to parliament...if the vote receives an absolute majority...the change will be approved..."
3-4-2022 Intel Guru Bruce The latest information we have from the lead bank – they did a conference call at the treasury...it suggested that those of us here in tier 4B the internet group would be notified by Monday or Tuesday morning but more than likely go Tuesday – it’s a possibility that we would start on Monday – depending on when the numbers came out – very slight chance we get them Sunday night...
3-4-2022 Newshound Guru Sandy Ingram Article: "Kurdistan Regional Government rejects the decision of the Iraqi Federal Court" The most disturbing news coming out of Iraq is the official response form the Kurdistan region on Iraq's federal court's decision that the oil industry in the Kurdistan region is unconstitutional...there are dozens and dozens of articles on this subject...observers say this is another war brewing in the background...what does all this have to do with the Iraqi dinar as a currency? It's hard to imagine the currency increasing in value against the U.S. dollar when the country is split politically and literally physically...
3-4-2022 Newshound Guru Godlover Ramadan April 1st to April 30th imo. Then Eid imo. It’s beginning to be crunch time for government formation, budget approval ect.
3-4-2022 Intel Guru MarkZ [via PDK] Still many articles coming out of Iraq talking about changing the value of the dinar…demanding a return of the exchange rate. 2 or 3 days ago Parliament gave the finance minister 1 week to get it done…so the CBI is being leaned on right now.
3-4-2022 Intel Guru Frank26 Article: "Brent crude price exceeds $119 per barrel" Oil will reach $120 and then...$150 IS NEXT BY THE END OF THE MONTH ...This is all part of the float of the Iraqi dinar...IMO...
3-4-2022 Newshound Guru Pimpy Based on my research and using a little bit of critical thinking - common sense kicks in, it tells me I don't think Iraq's in any position to do a 100% reinstatement. I think most likely it'll go up in increments. But also I've noticed in articles recently that the language that they're using and the fuss that they're making it really does give a slight impression that they're at least talking about the reinstatement. The truth of the matter is we don't know until they actually do it.
3-4-2022 Newshound/Intel Guru Mnt Goat Obviously, it looks like our January window is gone. Remember the rate we are looking for is NOT in the 2022 budget...We do know the IQD rate is being suppressed. There is a plan already laid out as to how they will conduct the project to delete the zeros. We also know that if this country of Iraq is ever to move ahead with the reforms they note in the “White Paper” they do clearly include the move back to FOREX...Remember also there is lots going on that we do not know about nor see. Actually the state of Iraq is much, much better than we read from the articles.
3-4-2022 Intel Guru Bruce The latest information we have from the lead bank – they did a conference call at the treasury...it suggested that those of us here in tier 4B the internet group would be notified by Monday or Tuesday morning but more than likely go Tuesday – it’s a possibility that we would start on Monday – depending on when the numbers came out – very slight chance we get them Sunday night...
3-4-2022 Newshound Guru Sandy Ingram Article: "Kurdistan Regional Government rejects the decision of the Iraqi Federal Court" The most disturbing news coming out of Iraq is the official response form the Kurdistan region on Iraq's federal court's decision that the oil industry in the Kurdistan region is unconstitutional...there are dozens and dozens of articles on this subject...observers say this is another war brewing in the background...what does all this have to do with the Iraqi dinar as a currency? It's hard to imagine the currency increasing in value against the U.S. dollar when the country is split politically and literally physically...
3-4-2022 Newshound Guru Godlover Ramadan April 1st to April 30th imo. Then Eid imo. It’s beginning to be crunch time for government formation, budget approval ect.
3-4-2022 Intel Guru MarkZ [via PDK] Still many articles coming out of Iraq talking about changing the value of the dinar…demanding a return of the exchange rate. 2 or 3 days ago Parliament gave the finance minister 1 week to get it done…so the CBI is being leaned on right now.
3-4-2022 Intel Guru Frank26 Article: "Brent crude price exceeds $119 per barrel" Oil will reach $120 and then...$150 IS NEXT BY THE END OF THE MONTH ...This is all part of the float of the Iraqi dinar...IMO...
3-4-2022 Newshound Guru Pimpy Based on my research and using a little bit of critical thinking - common sense kicks in, it tells me I don't think Iraq's in any position to do a 100% reinstatement. I think most likely it'll go up in increments. But also I've noticed in articles recently that the language that they're using and the fuss that they're making it really does give a slight impression that they're at least talking about the reinstatement. The truth of the matter is we don't know until they actually do it.
3-4-2022 Newshound/Intel Guru Mnt Goat Obviously, it looks like our January window is gone. Remember the rate we are looking for is NOT in the 2022 budget...We do know the IQD rate is being suppressed. There is a plan already laid out as to how they will conduct the project to delete the zeros. We also know that if this country of Iraq is ever to move ahead with the reforms they note in the “White Paper” they do clearly include the move back to FOREX...Remember also there is lots going on that we do not know about nor see. Actually the state of Iraq is much, much better than we read from the articles.
3-3-2022 Intel Guru MarkZ [via PDK] Good articles out of Iraq today about changing the exchange rate.
3-3-2022 Newshound Guru Pimpy Sounds like Allawi [MOF] is saying we have to plan this out before we make a big change. Here's the thing that gets me. I can't imaging that slightly changing the exchange rate would cause so much commotion. I really don't...it's easy to adjust...they can make the adjustment fairly easy versus if you have to really plan out a reinstated rate. That's different. This is where I'm constantly tossing back and forth in my head...are they talking about making a change or are they talking about revaluing the currency back up to the original exchange rate because this seems like a whole lot of hassle...But I don't want to jump to any conclusions. I definitely don't want to blow smoke up people's tookus.
3-3-2022 Guru Nader From The Mid East a businessman like me when I go to the United States to sell my things you know how much it cost me when I exchange for 1460...Just my trip to pay for...plane and the hotel...food and all that? When you want to come over here..it costs you nothing...you need $5 or $6,000 to make a trip to Iraq...when I come to United States...Almost $20,000 for a week...don't believe anything the IMF, the World Bank...it's [raising the rate] gonna help the economy. People will have more money. People will spend more money. People will start traveling...people will do a lot of things with the exchange rate. People can come to the United States. Can go to Europe ... and have purchasing power. For now we have nothing. [Post 2 of 2]
3-3-2022 Guru Nader From The Mid East The exchange rate, where you guys called the program rate...It was made for what? To punish us. We've been punished a lot I think. It's enough punishment. Whatever you hear from the IMF or from the bank of the world, the CEO of the CBI, Finance Minister, it's all bullshit...the rate, if it revalued tomorrow it's gonna make things better. It's not going to hurt the economy. It's going to help the economy 200%-300%... [Post 1 of 2....stay tuned]
3-3-2022 Intel Guru Frank26 There is a plethora of articles that simply talk about the plans, the number one priority of a new exchange rate for the citizens that's coming. It's exciting. It's motivating...It's coming to an end. I think I can say it with a little more confidence, even with a little more authority because they are the ones saying it.
3-3-2022 Intel Guru MarkZ [via PDK] ...I am still being told to expect bond payouts from today the 3rd through the 6th with full payouts... I was always told that 3-5 days after the bonds started paying….and we would see the currency reset. So I expect 3-5 days after bonds start paying out I expect us to start exchanging...As of this morning my redemption folks will be on call this weekend. So no negative news…just quiet...quiet could be good.
3-3-2022 Newshound Guru Sandy Ingram Article: "Ministry of Oil: Revenues last February amounted to more than $8 billion" the average daily value was 3.3 million bpd while the average price per barrel was $92.08. Oil now stands at around $101.30 and is expected to increase even more...
3-3-2022 Newshound Guru Pimpy Still they are talking about the change in the exchange rate...with all this chitter-chatter going on about the Iraqi dinar exchange rate, it's not just happening within Iraq, now the IMF is getting involved...the Central Bank of Iraq is actually taking into consideration a lot of input from the International Monetary Fund...IMO you can't really trust anything that the IMF and World Bank have to offer or suggest...
3-3-2022 Intel Guru Fleming ...Misinformation is going around about CBI though that has to be corrected. It was stated that they will cap the IQD international rate at $5.00 which is not possible. The in country rate will be ~ $3.20 jumping international and floating up from there...
3-3-2022 Newshound Guru Pimpy Sounds like Allawi [MOF] is saying we have to plan this out before we make a big change. Here's the thing that gets me. I can't imaging that slightly changing the exchange rate would cause so much commotion. I really don't...it's easy to adjust...they can make the adjustment fairly easy versus if you have to really plan out a reinstated rate. That's different. This is where I'm constantly tossing back and forth in my head...are they talking about making a change or are they talking about revaluing the currency back up to the original exchange rate because this seems like a whole lot of hassle...But I don't want to jump to any conclusions. I definitely don't want to blow smoke up people's tookus.
3-3-2022 Guru Nader From The Mid East a businessman like me when I go to the United States to sell my things you know how much it cost me when I exchange for 1460...Just my trip to pay for...plane and the hotel...food and all that? When you want to come over here..it costs you nothing...you need $5 or $6,000 to make a trip to Iraq...when I come to United States...Almost $20,000 for a week...don't believe anything the IMF, the World Bank...it's [raising the rate] gonna help the economy. People will have more money. People will spend more money. People will start traveling...people will do a lot of things with the exchange rate. People can come to the United States. Can go to Europe ... and have purchasing power. For now we have nothing. [Post 2 of 2]
3-3-2022 Guru Nader From The Mid East The exchange rate, where you guys called the program rate...It was made for what? To punish us. We've been punished a lot I think. It's enough punishment. Whatever you hear from the IMF or from the bank of the world, the CEO of the CBI, Finance Minister, it's all bullshit...the rate, if it revalued tomorrow it's gonna make things better. It's not going to hurt the economy. It's going to help the economy 200%-300%... [Post 1 of 2....stay tuned]
3-3-2022 Intel Guru Frank26 There is a plethora of articles that simply talk about the plans, the number one priority of a new exchange rate for the citizens that's coming. It's exciting. It's motivating...It's coming to an end. I think I can say it with a little more confidence, even with a little more authority because they are the ones saying it.
3-3-2022 Intel Guru MarkZ [via PDK] ...I am still being told to expect bond payouts from today the 3rd through the 6th with full payouts... I was always told that 3-5 days after the bonds started paying….and we would see the currency reset. So I expect 3-5 days after bonds start paying out I expect us to start exchanging...As of this morning my redemption folks will be on call this weekend. So no negative news…just quiet...quiet could be good.
3-3-2022 Newshound Guru Sandy Ingram Article: "Ministry of Oil: Revenues last February amounted to more than $8 billion" the average daily value was 3.3 million bpd while the average price per barrel was $92.08. Oil now stands at around $101.30 and is expected to increase even more...
3-3-2022 Newshound Guru Pimpy Still they are talking about the change in the exchange rate...with all this chitter-chatter going on about the Iraqi dinar exchange rate, it's not just happening within Iraq, now the IMF is getting involved...the Central Bank of Iraq is actually taking into consideration a lot of input from the International Monetary Fund...IMO you can't really trust anything that the IMF and World Bank have to offer or suggest...
3-3-2022 Intel Guru Fleming ...Misinformation is going around about CBI though that has to be corrected. It was stated that they will cap the IQD international rate at $5.00 which is not possible. The in country rate will be ~ $3.20 jumping international and floating up from there...
3-2-2022 Intel Guru MarkZ [via PDK] Iraq is still saying it will be a week. From their parliament they expect a stable improved rate within that time. There has been zero negative news.
3-2-2022 Intel Guru Frank26 Maliki, Sadr, Kazemi, The Minister of Finance Allawi, They're all talking about the same thing - the new exchange rate. They are shoulder to shoulder. They are standing in unison although parliament wants to say they are in charge of it and that's what's causing the delay right now. But while we have the wait, we have the barrel of oil climbing. And what does that do for you? You have to know when to hold'em and when to fold'em...
3-2-2022 Newshound Guru Pimpy You can't expect them to change the rate right now, the government hasn't been formed. Remember the Central Bank of Iraq ...can make the recommendations. Parliament can vote on it and then the rate change is announced...there are a lot of good things happening right now over there for Iraq ...
3-2-2022 Newshound Guru Clare Article: "The International Monetary Fund warned Iraq of the “fragility” of its economic recovery." ...IMO… WHY IS THE IMF TALKING TO THEM ABOUT THE EXCHANGE RATE???? WHY NOW????... Quote: “in addition to the support of the International Monetary Fund, to change the price at a reasonable rate.” WHY DISCUSS THE EXCHANGE RATE IF NO NEW RATE IS FORTHCOMING?
3-2-2022 Intel Guru Bruce [via WiserNow] ...on Monday ...Iraq was to do their thing with their new rate and seating their government...and basically getting Iraq out of the way so everything can go...the day they were to have it done – we were on a black-out from Iraq ...no more communication from Iraq...and the reason is – because they did not want the rate to come out before we were getting ready to exchange because they did not want people buying up the very last of the dinar that they could find...we found out today (Tuesday) that there still under a black-out...we think they did do what they were supposed to do...So this thing is going to go – you know darn well Iraq has been ready for a long time...
3-2-2022 Newshound Guru Godlover Article: "The Minister of Finance resolves the controversy over changing the dollar exchange rate" One of many reasons I do not think the NSCN’s [Lower denomination notes] training happened yet. They would not train on something that hadn’t even been printed yet imo. Furthermore, with all the trouble of them forming the next government, is yet another reason. These articles have proven way more accurate than not over the years.
3-2-2022 Intel Guru MarkZ [via PDK] We are still in a holding pattern…waiting for the rate change out of Iraq. Last night we shared an Iraqi article where the Parliament told the finance minister to have a new rate within a week. Another article today is the international Monetary fund is telling Iraq to do something with their rate. Something realistic that doesn’t cause unrest in the markets. In other words…. High enough to make a difference but not high enough to mess with the markets… So it appears Iraq is pushing towards a new rate within one week from yesterday.
3-2-2022 Guest Guru FromBelgium I usually have a critical view when statements are made about them wanting to change the Dinar back to the 2003 rate, because all the articles seem to point in the direction of the 2020 rate. Which, according to me, they actually still do. I know they use terms like “previous era”, but I still didn’t see a single article clearly pointing in that direction…However, also IMO, I must admit that I see a situation that gives me more hope: the fact that there seems to be sooooo many articles coming out about this. A lot more than when they lowered the value of the Dinar. It really feels like something good is in the air! IMO
3-2-2022 Newshound Guru Pimpy There is still more talk about the exchange rate. I thought they had this thing settled but apparently not... Article: "Al-Kazemi's advisor: The state's loss will be great by adjusting the exchange rate" Here's the issue. The poor people were affected when their currency was devalued. That means it cost them more dinars to get the same items they need just to survive. Now you have inflation happening...as inflation increases that's called the hidden tax...purchasing power continues to be reduced, again affects the poor people. The only way you can tackle inflation is you have to raise the interest rates and if you raise the interest rates it will affect the poor people...So how do you fix that? The only thing they got left is to increase their purchasing power...JMO
3-2-2022 Intel Guru MarkZ [via PDK] [Any updates on the Vietnamese dong.] It’s still expected to go the same time as the dinar.
3-2-2022 Newshound/Intel Guru Mnt Goat Article: "AL-ABADI AND ALLAWI CALL FOR THE ADOPTION OF A REFORM STRATEGY TO CROSS THE NEXT STAGE" What do you think the “next stage” needs to kick it off? ...It needs the dinar to be reinstated...
3-2-2022 Intel Guru Frank26 Maliki, Sadr, Kazemi, The Minister of Finance Allawi, They're all talking about the same thing - the new exchange rate. They are shoulder to shoulder. They are standing in unison although parliament wants to say they are in charge of it and that's what's causing the delay right now. But while we have the wait, we have the barrel of oil climbing. And what does that do for you? You have to know when to hold'em and when to fold'em...
3-2-2022 Newshound Guru Pimpy You can't expect them to change the rate right now, the government hasn't been formed. Remember the Central Bank of Iraq ...can make the recommendations. Parliament can vote on it and then the rate change is announced...there are a lot of good things happening right now over there for Iraq ...
3-2-2022 Newshound Guru Clare Article: "The International Monetary Fund warned Iraq of the “fragility” of its economic recovery." ...IMO… WHY IS THE IMF TALKING TO THEM ABOUT THE EXCHANGE RATE???? WHY NOW????... Quote: “in addition to the support of the International Monetary Fund, to change the price at a reasonable rate.” WHY DISCUSS THE EXCHANGE RATE IF NO NEW RATE IS FORTHCOMING?
3-2-2022 Intel Guru Bruce [via WiserNow] ...on Monday ...Iraq was to do their thing with their new rate and seating their government...and basically getting Iraq out of the way so everything can go...the day they were to have it done – we were on a black-out from Iraq ...no more communication from Iraq...and the reason is – because they did not want the rate to come out before we were getting ready to exchange because they did not want people buying up the very last of the dinar that they could find...we found out today (Tuesday) that there still under a black-out...we think they did do what they were supposed to do...So this thing is going to go – you know darn well Iraq has been ready for a long time...
3-2-2022 Newshound Guru Godlover Article: "The Minister of Finance resolves the controversy over changing the dollar exchange rate" One of many reasons I do not think the NSCN’s [Lower denomination notes] training happened yet. They would not train on something that hadn’t even been printed yet imo. Furthermore, with all the trouble of them forming the next government, is yet another reason. These articles have proven way more accurate than not over the years.
3-2-2022 Intel Guru MarkZ [via PDK] We are still in a holding pattern…waiting for the rate change out of Iraq. Last night we shared an Iraqi article where the Parliament told the finance minister to have a new rate within a week. Another article today is the international Monetary fund is telling Iraq to do something with their rate. Something realistic that doesn’t cause unrest in the markets. In other words…. High enough to make a difference but not high enough to mess with the markets… So it appears Iraq is pushing towards a new rate within one week from yesterday.
3-2-2022 Guest Guru FromBelgium I usually have a critical view when statements are made about them wanting to change the Dinar back to the 2003 rate, because all the articles seem to point in the direction of the 2020 rate. Which, according to me, they actually still do. I know they use terms like “previous era”, but I still didn’t see a single article clearly pointing in that direction…However, also IMO, I must admit that I see a situation that gives me more hope: the fact that there seems to be sooooo many articles coming out about this. A lot more than when they lowered the value of the Dinar. It really feels like something good is in the air! IMO
3-2-2022 Newshound Guru Pimpy There is still more talk about the exchange rate. I thought they had this thing settled but apparently not... Article: "Al-Kazemi's advisor: The state's loss will be great by adjusting the exchange rate" Here's the issue. The poor people were affected when their currency was devalued. That means it cost them more dinars to get the same items they need just to survive. Now you have inflation happening...as inflation increases that's called the hidden tax...purchasing power continues to be reduced, again affects the poor people. The only way you can tackle inflation is you have to raise the interest rates and if you raise the interest rates it will affect the poor people...So how do you fix that? The only thing they got left is to increase their purchasing power...JMO
3-2-2022 Intel Guru MarkZ [via PDK] [Any updates on the Vietnamese dong.] It’s still expected to go the same time as the dinar.
3-2-2022 Newshound/Intel Guru Mnt Goat Article: "AL-ABADI AND ALLAWI CALL FOR THE ADOPTION OF A REFORM STRATEGY TO CROSS THE NEXT STAGE" What do you think the “next stage” needs to kick it off? ...It needs the dinar to be reinstated...
3-1-2022 Intel Guru Fleming Iraq has 2 presidents and the 3rd will be confirmed and in place either today or tomorrow. The IMF told the Central Bank of Iraq, that they can revalue at any time...What has been shared is that by March 3rd we are going to be rockin and rollin and won’t it be fine!
3-1-2022 Intel Guru MarkZ [via PDK] There is a clue coming out of Iraq today. Article that basically states From Parliament that the Finance Minister has one week to get the rate changed. So Parliament is leaning on the CBI to get it done. I think that is really great news for us. It doesn’t mean it will take the full week…but anytime from today to a week from today. We are awfully close...
3-1-2022 Newshound Guru Pimpy 'In-country' rate vs. 'Out-country' rate. That's a lie. There's only one rate period. If the rate is a $1.50 it's going to be $1.50 in Iraq as the same outside of Iraq. If the rate is $3.22 in Iraq it's going to be the same for outside Iraq...there is no such thing as in-country rate an out of country rate...once an exchange rate is implemented that's exchange rate is the same all over. Just convert it into whatever country's currency...
3-1-2022 Newshound/Intel Guru Mnt Goat ...All the news this period is good...We should all realize by now that the RV is coming and it is not long off before we see it. Okay so it did not happen in January as we thought but there is still opportunity since the 2022 budget is not yet passed never mind even opened...The reinstatement has to happen and MUST happen for Iraq to get to the “glory days” of the dinar. These are the days of USD 4+ rate. They are NOT ever going to float the dinar on a “program rate”...Yes, the CBI can change the rate at will as necessary...The IQD is NOT yet on FOREX and NOT yet on a float...We need the OFAC sanctions lifted and the banks and investment companies to trade the dinar on FOREX. Then we go to the bank...
3-1-2022 Newshound Guru Jeff Article: "The Central Bank: The dollar exchange rate is stable and there are no intentions to change it" the central bank has no intentions at this time of adjusting the exchange rate according to what they're telling us...what the news is telling you, none of this news is truthful... [Post 2 of 2]
3-1-2022 Newshound Guru Jeff Article: "The Iraqi parliament is considering re-pricing the dinar against the dollar" Iraq's government put out a ton of news talking about adjusting the exchange rate. That could only means one of two things - either they want to simply put it back to 1190...or put it back to international levels back above zeros...all these articles that the government has put out over the last few weeks they're not talking about restoring the exchange rate to international levels...they're talking about putting it back to its pre-devalued rate of 1190... [Post 1 of 2....stay tuned]
3-1-2022 Intel Guru MarkZ [via PDK] Not hearing anything negative…This may be a week to remember. I still think Iraq is delaying seating their government because they are waiting on the trigger to be pulled worldwide. But I hear they expect to seat it maybe today or tomorrow. And still expect to see the new value on the dinar this week...
3-1-2022 Newshound Guru Sandy Ingram oil has gone up to over $100 a barrel since Russia attached the Ukraine. For Iraq this is good news...
3-1-2022 Newshound Guru Pimpy We know there was a discussion about the Iraqi exchange rate. What does that mean for dinar holders? Article: "In details..the results of hosting the Minister of Finance in Parliament: a change in the exchange rate is unlikely" Not surprising to me. I think what they plan on doing is paying back a lot of the debt that they owed while the currency is devalued...most likely everything is going to be paid off this year...
3-1-2022 Intel Guru Frank26 Did you see the article that says 'I'm am the Minister of Finance and no we're not going to give you the new exchange rate. We're not going to give you the new exchange rate' Which causes a lot of people to say 'What!?!' What the Minister of Finance, what Kazemi is saying to the citizens of Iraq...'Hey, sit your government down.' Eventually the government will be seated. When that happens look out.
3-1-2022 Newshound Guru Samson Article: "During The Hosting Session.. The State Of Law Demands The Return Of The Dollar Price To Its Previous Era" Quote: “It has become imperative for the government and the Ministry of Finance to return the exchange rate to its normal position, especially since the financial crisis has ended and the financial situation has improved, especially after the rise in oil selling prices.”
3-1-2022 Intel Guru MarkZ [via PDK] There is a clue coming out of Iraq today. Article that basically states From Parliament that the Finance Minister has one week to get the rate changed. So Parliament is leaning on the CBI to get it done. I think that is really great news for us. It doesn’t mean it will take the full week…but anytime from today to a week from today. We are awfully close...
3-1-2022 Newshound Guru Pimpy 'In-country' rate vs. 'Out-country' rate. That's a lie. There's only one rate period. If the rate is a $1.50 it's going to be $1.50 in Iraq as the same outside of Iraq. If the rate is $3.22 in Iraq it's going to be the same for outside Iraq...there is no such thing as in-country rate an out of country rate...once an exchange rate is implemented that's exchange rate is the same all over. Just convert it into whatever country's currency...
3-1-2022 Newshound/Intel Guru Mnt Goat ...All the news this period is good...We should all realize by now that the RV is coming and it is not long off before we see it. Okay so it did not happen in January as we thought but there is still opportunity since the 2022 budget is not yet passed never mind even opened...The reinstatement has to happen and MUST happen for Iraq to get to the “glory days” of the dinar. These are the days of USD 4+ rate. They are NOT ever going to float the dinar on a “program rate”...Yes, the CBI can change the rate at will as necessary...The IQD is NOT yet on FOREX and NOT yet on a float...We need the OFAC sanctions lifted and the banks and investment companies to trade the dinar on FOREX. Then we go to the bank...
3-1-2022 Newshound Guru Jeff Article: "The Central Bank: The dollar exchange rate is stable and there are no intentions to change it" the central bank has no intentions at this time of adjusting the exchange rate according to what they're telling us...what the news is telling you, none of this news is truthful... [Post 2 of 2]
3-1-2022 Newshound Guru Jeff Article: "The Iraqi parliament is considering re-pricing the dinar against the dollar" Iraq's government put out a ton of news talking about adjusting the exchange rate. That could only means one of two things - either they want to simply put it back to 1190...or put it back to international levels back above zeros...all these articles that the government has put out over the last few weeks they're not talking about restoring the exchange rate to international levels...they're talking about putting it back to its pre-devalued rate of 1190... [Post 1 of 2....stay tuned]
3-1-2022 Intel Guru MarkZ [via PDK] Not hearing anything negative…This may be a week to remember. I still think Iraq is delaying seating their government because they are waiting on the trigger to be pulled worldwide. But I hear they expect to seat it maybe today or tomorrow. And still expect to see the new value on the dinar this week...
3-1-2022 Newshound Guru Sandy Ingram oil has gone up to over $100 a barrel since Russia attached the Ukraine. For Iraq this is good news...
3-1-2022 Newshound Guru Pimpy We know there was a discussion about the Iraqi exchange rate. What does that mean for dinar holders? Article: "In details..the results of hosting the Minister of Finance in Parliament: a change in the exchange rate is unlikely" Not surprising to me. I think what they plan on doing is paying back a lot of the debt that they owed while the currency is devalued...most likely everything is going to be paid off this year...
3-1-2022 Intel Guru Frank26 Did you see the article that says 'I'm am the Minister of Finance and no we're not going to give you the new exchange rate. We're not going to give you the new exchange rate' Which causes a lot of people to say 'What!?!' What the Minister of Finance, what Kazemi is saying to the citizens of Iraq...'Hey, sit your government down.' Eventually the government will be seated. When that happens look out.
3-1-2022 Newshound Guru Samson Article: "During The Hosting Session.. The State Of Law Demands The Return Of The Dollar Price To Its Previous Era" Quote: “It has become imperative for the government and the Ministry of Finance to return the exchange rate to its normal position, especially since the financial crisis has ended and the financial situation has improved, especially after the rise in oil selling prices.”
2-28-2022 Intel Guru MarkZ [via PDK] Very encouraging news out of groups today. They are in a mad dash to be ready. Iraq is moving forward with sitting the government and approving the new rate. That is what I am being told …that this is imminent.
2-28-2022 Newshound Guru Pimpy I think that's not possible only because I think it would shock the economy... if they did increments it wouldn't be a huge shock to the economy...the fact that they're using the word "era" and they're talking about a major shock to the economy makes me believe that they're actually considering the $3.22 rate...very very interesting article...I think they're actually talking about it. [Post 2 of 2]
2-28-2022 Newshound Guru Pimpy Article: "A government official warns of an economic shock to the country exchange rate" Quote: "Former director of finance supervision bureau...ruled out returning the dollar exchange rate to its previous era." This is the word [Era] that caught my attention. They're not talking about the previous rate of 1190. I think they're actually talking about the reinstatement rate of $3.22...it almost looks like there are some discussions of a possible reinstatement [to $3.22]. [Post 1 of 2...stay tuned]
2-28-2022 Newshound Guru Kaperoni Over the last 10-15 years the IMF in various Article IV Consultations with Iraq have laid it out very clearly the objectives for Iraq, the monetary policy and the stability of the financial system...An excellent article came out over the weekend in which an Iraqi economist talked about how floating the Iraqi dinar would allow the currency to appreciate as well as end the daily currency auctions. I believe this is the directive, the IMF has described...
2-28-2022 Intel Guru Frank26 We have a lot of articles...in the hundreds now and they all talk about the fact that the Iraqi dinar is about to be lifted in value. I don't know of anybody that's out there saying it's never going to happen. Everybody knows it's going to happen.
2-28-2022 Newshound Guru Pimpy Article Quote: "...parliament will hold a session tomorrow Monday to discuss the dollar exchange rate and the presence of the finance minister..." They're going to be discussing the exchange rate. We'll see what comes out of it...Y'all should be a little excited about it but don't get overwhelmed and stay grounded...
2-28-2022 Intel Guru MarkZ [via PDK] On the Iraqi front is one of our best indicators on timing right now…so many articles about going back to the old exchange rate and how they are going to deal with it…They are also trying to get their government sat this week…Huge things going on in Iraq. Buckle up…we don’t know the exact timing but big events are happening right now.
2-28-2022 Newshound Guru Jeff tomorrow [Monday] they're having a session of parliament meeting with the Minister of Finance to discuss the exchange rate...even though they're going to discuss the exchange rate, they are ruling out a decision to reduce the exchange rate of the dollar...If this is the news [the ruling out decision]..none of this news is truthful. None of it's accurate... [Post 2 of 2]
2-28-2022 Newshound Guru Jeff Iraq's news has been very interesting over the last few weeks. The government has put a huge emphasis on the exchange rate...Does Iraq mean restore the exchange rate to its previous devalued rate of 1190 to simply reduce inflation? Or are they talking about putting it back to international values greater than zero... [Post 1 of 2....stay tuned]
2-28-2022 Newshound/Intel Guru Mnt Goat The budget is just a budget. It is money allocated to projects. The funding can be converted at any time. What they do need is the price of oil to know the amount of revenues to expect so they can then decide on what they can afford in the budget to spend. Get it? Then, they base the budget on the price of oil to know the projected revenues. This is not the RV rate, get it?
2-28-2022 Newshound Guru Pimpy I think that's not possible only because I think it would shock the economy... if they did increments it wouldn't be a huge shock to the economy...the fact that they're using the word "era" and they're talking about a major shock to the economy makes me believe that they're actually considering the $3.22 rate...very very interesting article...I think they're actually talking about it. [Post 2 of 2]
2-28-2022 Newshound Guru Pimpy Article: "A government official warns of an economic shock to the country exchange rate" Quote: "Former director of finance supervision bureau...ruled out returning the dollar exchange rate to its previous era." This is the word [Era] that caught my attention. They're not talking about the previous rate of 1190. I think they're actually talking about the reinstatement rate of $3.22...it almost looks like there are some discussions of a possible reinstatement [to $3.22]. [Post 1 of 2...stay tuned]
2-28-2022 Newshound Guru Kaperoni Over the last 10-15 years the IMF in various Article IV Consultations with Iraq have laid it out very clearly the objectives for Iraq, the monetary policy and the stability of the financial system...An excellent article came out over the weekend in which an Iraqi economist talked about how floating the Iraqi dinar would allow the currency to appreciate as well as end the daily currency auctions. I believe this is the directive, the IMF has described...
2-28-2022 Intel Guru Frank26 We have a lot of articles...in the hundreds now and they all talk about the fact that the Iraqi dinar is about to be lifted in value. I don't know of anybody that's out there saying it's never going to happen. Everybody knows it's going to happen.
2-28-2022 Newshound Guru Pimpy Article Quote: "...parliament will hold a session tomorrow Monday to discuss the dollar exchange rate and the presence of the finance minister..." They're going to be discussing the exchange rate. We'll see what comes out of it...Y'all should be a little excited about it but don't get overwhelmed and stay grounded...
2-28-2022 Intel Guru MarkZ [via PDK] On the Iraqi front is one of our best indicators on timing right now…so many articles about going back to the old exchange rate and how they are going to deal with it…They are also trying to get their government sat this week…Huge things going on in Iraq. Buckle up…we don’t know the exact timing but big events are happening right now.
2-28-2022 Newshound Guru Jeff tomorrow [Monday] they're having a session of parliament meeting with the Minister of Finance to discuss the exchange rate...even though they're going to discuss the exchange rate, they are ruling out a decision to reduce the exchange rate of the dollar...If this is the news [the ruling out decision]..none of this news is truthful. None of it's accurate... [Post 2 of 2]
2-28-2022 Newshound Guru Jeff Iraq's news has been very interesting over the last few weeks. The government has put a huge emphasis on the exchange rate...Does Iraq mean restore the exchange rate to its previous devalued rate of 1190 to simply reduce inflation? Or are they talking about putting it back to international values greater than zero... [Post 1 of 2....stay tuned]
2-28-2022 Newshound/Intel Guru Mnt Goat The budget is just a budget. It is money allocated to projects. The funding can be converted at any time. What they do need is the price of oil to know the amount of revenues to expect so they can then decide on what they can afford in the budget to spend. Get it? Then, they base the budget on the price of oil to know the projected revenues. This is not the RV rate, get it?
2-27-2022 Intel Guru MarkZ [via PDK] Kuwait and China did something similar when they revalued currency…they told us they were weeks or months from an RV…then “BAM” it happened within hours…
2-27-2022 Newshound Guru Pimpy We know there's a lot of chatter going on. We're monitoring it. We're paying attention. I still think it's just going to go up in increments. There's a lot of meetings going on. Parliament is meeting. We're still waiting to form the new government. It's kind of hard to get anything taken care of when there's so many delays in there without a new government...But there definitely is a lot of talk about a rate change...there's definitely something that's going to happen in 2022. Will it be an RI or an RV? It's very possible...IMO it's gonna happen in increments...let's keep an eye on it and see what happens.
2-27-2022 Newshound Guru NORV [aka Kaperoni] Article quotes: "the economic expert, Sabah Alo, called on the government to take a decision to float the Iraqi dinar, similar to the Egyptian experience of floating the pound."; "It is better that a decision be taken to float the Iraqi dinar and stop selling the currency at auction and the Central Bank of Iraq,"; "The core issue to support the dinar is the presence of local productivity" The dinar...may go up in value, but it will never significantly overnight RV.
2-27-2022 Intel Guru Frank26 Kazimi told us we're going to have a new exchange rate as soon as you seat our government. Where's our government? ...the citizens...peacefully protest...to get the message to parliament, sit the government down. Unfortunately in the Middle East it takes a long time to do anything. I don't know why...
2-27-2022 Newshound Guru Sandy Ingram Article: "Iraq aims to shift investment priority from oil to gas sector, minister says" This has quietly been sitting at the bottom of the news feed for a little over two weeks. Iraq is taking to heart the recommendations to diversify the country's industry income...natural gas...it looks like Iraq's decision over two and a half weeks ago to start exporting gas is right on time.
2-27-2022 Newshound Guru Pimpy Let me put it another way...Let's say you're making $1000 a week and then all of a sudden they take away 21.8% of your check. Now instead of getting $1000/week you get $782/week. See the difference? ...You're not looking at it through the eyes of an Iraqi person who actually lives off the dinars...somebody takes away 21.8% of your money now you're only making $782 you would notice that. You would be pissed off. Imagine they gave that back to you. How happy you would be. What could you do with $218 more per week? ...to you the change from 1190 dinars to 1450 is no big deal so if it comes back to 1190 dinars it's still no big deal to you but it is if you live in Iraq and you live off of the IQD... [Post 2 of 2]
2-27-2022 Newshound Guru Pimpy Question: "How does 1190 or even 1000 [rate for the dinar] give the people more purchasing power?" The Iraqi people lost 260 dinars [1190 to 1450] in the rate change compared to what it was before...21.8% of their purchasing power was lost...although to you, you're like 'This isn't purchasing power! This is nothing!' ...If you're living in Iraq and you're trying to budget...and you're not making that much, an increase of 21.8% would be a huge gain to you...the difference between the old rate to the new rate was a loss of 21.8% of their purchasing power. Bringing it back to the original 1190 would give them back 21.8% of their purchasing power. [Post 1 of 2....stay tuned]
2-27-2022 Newshound/Intel Guru Mnt Goat ...While we wait for our event of moving back to FOREX, we are going to hear lots of news on the project to delete the zeros. This is our sign they are finally serious. I believe this must come next...We don’t care about the program rate inside Iraq that was meant to be temporary and is way, way overdue to be reinstated...The current rate of the Iraqi dinar is a FAKE & SURPESSED “program” rate and does not reflect the true and honest VALUE...we are waiting for the time when the TRUE and HONEST VALUE of the dinar is reflected in the rate assigned to it.
2-27-2022 Newshound Guru Pimpy We know there's a lot of chatter going on. We're monitoring it. We're paying attention. I still think it's just going to go up in increments. There's a lot of meetings going on. Parliament is meeting. We're still waiting to form the new government. It's kind of hard to get anything taken care of when there's so many delays in there without a new government...But there definitely is a lot of talk about a rate change...there's definitely something that's going to happen in 2022. Will it be an RI or an RV? It's very possible...IMO it's gonna happen in increments...let's keep an eye on it and see what happens.
2-27-2022 Newshound Guru NORV [aka Kaperoni] Article quotes: "the economic expert, Sabah Alo, called on the government to take a decision to float the Iraqi dinar, similar to the Egyptian experience of floating the pound."; "It is better that a decision be taken to float the Iraqi dinar and stop selling the currency at auction and the Central Bank of Iraq,"; "The core issue to support the dinar is the presence of local productivity" The dinar...may go up in value, but it will never significantly overnight RV.
2-27-2022 Intel Guru Frank26 Kazimi told us we're going to have a new exchange rate as soon as you seat our government. Where's our government? ...the citizens...peacefully protest...to get the message to parliament, sit the government down. Unfortunately in the Middle East it takes a long time to do anything. I don't know why...
2-27-2022 Newshound Guru Sandy Ingram Article: "Iraq aims to shift investment priority from oil to gas sector, minister says" This has quietly been sitting at the bottom of the news feed for a little over two weeks. Iraq is taking to heart the recommendations to diversify the country's industry income...natural gas...it looks like Iraq's decision over two and a half weeks ago to start exporting gas is right on time.
2-27-2022 Newshound Guru Pimpy Let me put it another way...Let's say you're making $1000 a week and then all of a sudden they take away 21.8% of your check. Now instead of getting $1000/week you get $782/week. See the difference? ...You're not looking at it through the eyes of an Iraqi person who actually lives off the dinars...somebody takes away 21.8% of your money now you're only making $782 you would notice that. You would be pissed off. Imagine they gave that back to you. How happy you would be. What could you do with $218 more per week? ...to you the change from 1190 dinars to 1450 is no big deal so if it comes back to 1190 dinars it's still no big deal to you but it is if you live in Iraq and you live off of the IQD... [Post 2 of 2]
2-27-2022 Newshound Guru Pimpy Question: "How does 1190 or even 1000 [rate for the dinar] give the people more purchasing power?" The Iraqi people lost 260 dinars [1190 to 1450] in the rate change compared to what it was before...21.8% of their purchasing power was lost...although to you, you're like 'This isn't purchasing power! This is nothing!' ...If you're living in Iraq and you're trying to budget...and you're not making that much, an increase of 21.8% would be a huge gain to you...the difference between the old rate to the new rate was a loss of 21.8% of their purchasing power. Bringing it back to the original 1190 would give them back 21.8% of their purchasing power. [Post 1 of 2....stay tuned]
2-27-2022 Newshound/Intel Guru Mnt Goat ...While we wait for our event of moving back to FOREX, we are going to hear lots of news on the project to delete the zeros. This is our sign they are finally serious. I believe this must come next...We don’t care about the program rate inside Iraq that was meant to be temporary and is way, way overdue to be reinstated...The current rate of the Iraqi dinar is a FAKE & SURPESSED “program” rate and does not reflect the true and honest VALUE...we are waiting for the time when the TRUE and HONEST VALUE of the dinar is reflected in the rate assigned to it.
2-26-2022 *** Dinar Guru News Update *** The UNSC, Iraq officials, Kuwaiti officials and gurus have all confirmed that on Tuesday the UNSC voted unanimously to release Iraq from Chapter VII sanctions. It appears to be official. This is great news. What we have not seen is an official proclamation or ceremony that Chapter VII has been lifted. Maybe this will not come. Many gurus expect sanctions/restrictions to be lifted from European and American banking and watch-lists as a result of chapter VII lifting. Their thought is this will open the door to more banks dealing in dinar again. Stay tuned as the story unfolds and the gurus bring their unique perspectives to the situation. The latest guru posts will continue below.
2-26-2022 Newshound Guru Pimpy Right now I think more than anything Iraq needs to get their government formed before they can make any kind of changes...I know they're telling you what their intentions are...but it's kind of hard to start running before you learn to walk...even if the central bank of Iraq made plans to change the rate they're not going to tell you. They would not do that in advance. They're just going to keep denying it, denying it, denying it.
2-26-2022 Intel Guru Frank26 It's a good day for our investment...the articles are all...good. The negativity from parliament, it's pretty well stopped and all the one that were negative, you know - 'It's never going to happen.' - Sadr, Maliki they're all saying, 'Yes. It's here.'
2-26-2022 Newshound Guru Godlover Article "Government official: 12/1 disbursement will continue until the end of the year, and the Presidency of Parliament requested a draft budget for 2022" Question "Is it plausible that they seat the government soon...raise the value and use the time until the budget is approved...to monitor the float and make more informed plans for how the money will be spent?" A rate change or a possible float, this will not happen prior to budget opening...You don’t spend a budget before it is even opened, otherwise what would the point be for a budget in the first place? lol.
2-26-2022 Newshound Guru Pimpy As you are aware a lot of talk about the exchange rate. Lots of it...there has been no news, none whatsoever that they plan on changing the exchange rate. There was a lot of discussions about it...I was pretty excited about it I'll be honest with you but it's just talk right now. We have no idea where it's going. I was happy to see all the talk, that means it's on everybody's mind. Sadr campaigned on it. He's ordering people into hearings. He's trying to do something about it but the truth of the matter is the Iraqi government doesn't control the rate change. That's the governor of the Central Bank. He makes his recommendations to parliament and they can vote on it. Essentially it's up to the governor of the Central Bank or Iraq period.
2-26-2022 Intel Guru MarkZ [via PDK] The next Parliament session is scheduled for next Monday which is in 2 days. The session will also include discussion regarding the rise in dollar exchange rates in the presence of the Minister of Finance... In a nutshell they are exiting Chap 7 sanctions after 31 years and are prepared for a rate change. It’s been a phenomenally good week out of Iraq. Of course we don’t know the exact timing but it is coming soon...
2-26-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: The CBI tells us citizens that the foreign reserves are at 64 billion and today we find out that no no no they're at 91 billion...we know they are lying. They have been caught in a lie about our reserves and about our new currency...
2-26-2022 Newshound Guru Pimpy I remember people telling me they used to be able to buy and sell Iraq dinar in Well Fargo. I went to talk to the manager there to ask what the process is once I get ready to make my exchange. He told me at the moment it's under restriction, they don't buy nor sell Iraqi dinar. I already understood that but he said he's got to wait for...the corporate office to tell them that it's okay to do so again...no problem. I told him I would check in with him from time to time to see when the restrictions would be lifted. As soon as I find out I will I will share with you.
2-26-2022 Newshound/Intel Guru Mnt Goat ...The news could not get any better. I especially like the statement...and I quote “will restore its legal status in the international community”. Folks you have to see it too...that FOREX trading is coming back to Iraq and the CBI’s intentions...The writing is on the wall...
2-26-2022 Newshound Guru MilitiaMan Article: "Iraqi optimism about economic gains after exiting from Chapter VII" ...from the looks of it they apparently are now looking to be forced to make an exchange rate change or blow up everything they have worked on for the last two years. It is also looking like they will have to depeg from the USD and likely to be with an immediate urgency, ioo...Chapter VII being lifted has it’s consequences that will require immediate decisions specific to the international treatment with respect to the use of the Iraqi Dinar...ioo.
2-26-2022 Intel Guru Frank26 It's a good day for our investment...the articles are all...good. The negativity from parliament, it's pretty well stopped and all the one that were negative, you know - 'It's never going to happen.' - Sadr, Maliki they're all saying, 'Yes. It's here.'
2-26-2022 Newshound Guru Godlover Article "Government official: 12/1 disbursement will continue until the end of the year, and the Presidency of Parliament requested a draft budget for 2022" Question "Is it plausible that they seat the government soon...raise the value and use the time until the budget is approved...to monitor the float and make more informed plans for how the money will be spent?" A rate change or a possible float, this will not happen prior to budget opening...You don’t spend a budget before it is even opened, otherwise what would the point be for a budget in the first place? lol.
2-26-2022 Newshound Guru Pimpy As you are aware a lot of talk about the exchange rate. Lots of it...there has been no news, none whatsoever that they plan on changing the exchange rate. There was a lot of discussions about it...I was pretty excited about it I'll be honest with you but it's just talk right now. We have no idea where it's going. I was happy to see all the talk, that means it's on everybody's mind. Sadr campaigned on it. He's ordering people into hearings. He's trying to do something about it but the truth of the matter is the Iraqi government doesn't control the rate change. That's the governor of the Central Bank. He makes his recommendations to parliament and they can vote on it. Essentially it's up to the governor of the Central Bank or Iraq period.
2-26-2022 Intel Guru MarkZ [via PDK] The next Parliament session is scheduled for next Monday which is in 2 days. The session will also include discussion regarding the rise in dollar exchange rates in the presence of the Minister of Finance... In a nutshell they are exiting Chap 7 sanctions after 31 years and are prepared for a rate change. It’s been a phenomenally good week out of Iraq. Of course we don’t know the exact timing but it is coming soon...
2-26-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: The CBI tells us citizens that the foreign reserves are at 64 billion and today we find out that no no no they're at 91 billion...we know they are lying. They have been caught in a lie about our reserves and about our new currency...
2-26-2022 Newshound Guru Pimpy I remember people telling me they used to be able to buy and sell Iraq dinar in Well Fargo. I went to talk to the manager there to ask what the process is once I get ready to make my exchange. He told me at the moment it's under restriction, they don't buy nor sell Iraqi dinar. I already understood that but he said he's got to wait for...the corporate office to tell them that it's okay to do so again...no problem. I told him I would check in with him from time to time to see when the restrictions would be lifted. As soon as I find out I will I will share with you.
2-26-2022 Newshound/Intel Guru Mnt Goat ...The news could not get any better. I especially like the statement...and I quote “will restore its legal status in the international community”. Folks you have to see it too...that FOREX trading is coming back to Iraq and the CBI’s intentions...The writing is on the wall...
2-26-2022 Newshound Guru MilitiaMan Article: "Iraqi optimism about economic gains after exiting from Chapter VII" ...from the looks of it they apparently are now looking to be forced to make an exchange rate change or blow up everything they have worked on for the last two years. It is also looking like they will have to depeg from the USD and likely to be with an immediate urgency, ioo...Chapter VII being lifted has it’s consequences that will require immediate decisions specific to the international treatment with respect to the use of the Iraqi Dinar...ioo.
2-25-2022 Intel Guru MarkZ [via PDK] …they never want us to know the exact timing. We are all guessing at the timing based on what we are hearing…My redemption center folks are still planning on working this weekend ...They don’t know if they will be watering flowers or dusting keyboards….but they are working this weekend. Im hoping I will get news out of them this weekend.
2-25-2022 Intel Guru Bruce [via WiserNow] ...I’m excited about where we are...Redemption center staff is on call...that means they are not going in...unless getting called to go in...we are talking about Fri/Sat/Sunday... they are on standby...I hope this is it – I don’t absolutely know it – they don’t want us to know it – even the redemption centers staff doesn’t...know when this is going to go – but I think based on the new scheduling – unless it changes – I think it’s possible we could get notified on Monday and start on Tuesday March 1st - let’s see what happens...
2-25-2022 Newshound Guru Pimpy There is a lot of chatter about the exchange rate, more than we heard in a long time but they're not just going to come out and say in the news, 'Hey this is what we're going to change the rate to' before they actually change the rate because then if it's something major well then everybody and their mom is going to run over and buy IQD...so it's not even going to be in the news until after it's already been changed.
2-25-2022 Intel Guru Fleming ...I was hoping that we would be able to see this RV this month and from what’s still coming out of the sandbox It can still happen...So I’m hoping that they can pull a Kuwait and just go ahead and shock everybody...
2-25-2022 Newshound Guru Clare Article: "Iraqi optimism about economic gains after exiting from Chapter VII" YES THEY PAID KUWAIT…. THAT FINANCIAL FILE IS NOW COMPLETELY DONE! imo.
2-25-2022 Intel Guru MarkZ [via PDK] For those of you who are wondering what is different now then all the other times we have heard we are close…Go read the UN paperwork from yesterday – They released Iraq from all Chapter 7 sanctions…This is some of the best news we have heard in years.
2-25-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: It's all over our news...we are officially released from Chapter VII they say through the Security Council...Foreign Minister Hassani is also on our television promoting that was are officially out of chapter VII, all the door of Iraq internationally are now open. FRANK: That's pretty cool! So will the Iraqi dinar when it floats and as soon as they raise the value you better know when to hold them - know when to fold them.
2-25-2022 Newshound/Intel Guru Mnt Goat ...On Wednesday the UN Security Council officially announced Iraq’s exit from the “Chapter VII...This has “reinstatement of the dinar” indirectly written all over it...
2-25-2022 Newshound Guru Pimpy The only thing that matters is that Iraq out of Chapter VII. Period. Restrictions are lifted. They're looking forward to joining the rest of the international community and working together and strengthening their economy. A strong economy means what? A strong dinar. A strong dinar means what? A valuable dinar. A valuable dinar means what? A better exchange rate...
2-25-2022 Intel Guru MarkZ Article: “Blackshart: The political parties must show a spirit of partnership and highlight the entitlement of the Iraqi People” There is a lot of pressure going on with the minister of finance... ”The white papers and its projects represent the main pillar of economic reform in Iraq” These stories are coming out today. The Iraqi parliament and banks are concerned that this world wide event may get lost in the shuffle and they are ready to move on with the reforms and to raise the value. The UN Security Council published papers releasing Iraq from all chapter 7 sanctions…. With this we are minutes..days close to reforms happening…
2-25-2022 Intel Guru Bruce [via WiserNow] ...I’m excited about where we are...Redemption center staff is on call...that means they are not going in...unless getting called to go in...we are talking about Fri/Sat/Sunday... they are on standby...I hope this is it – I don’t absolutely know it – they don’t want us to know it – even the redemption centers staff doesn’t...know when this is going to go – but I think based on the new scheduling – unless it changes – I think it’s possible we could get notified on Monday and start on Tuesday March 1st - let’s see what happens...
2-25-2022 Newshound Guru Pimpy There is a lot of chatter about the exchange rate, more than we heard in a long time but they're not just going to come out and say in the news, 'Hey this is what we're going to change the rate to' before they actually change the rate because then if it's something major well then everybody and their mom is going to run over and buy IQD...so it's not even going to be in the news until after it's already been changed.
2-25-2022 Intel Guru Fleming ...I was hoping that we would be able to see this RV this month and from what’s still coming out of the sandbox It can still happen...So I’m hoping that they can pull a Kuwait and just go ahead and shock everybody...
2-25-2022 Newshound Guru Clare Article: "Iraqi optimism about economic gains after exiting from Chapter VII" YES THEY PAID KUWAIT…. THAT FINANCIAL FILE IS NOW COMPLETELY DONE! imo.
2-25-2022 Intel Guru MarkZ [via PDK] For those of you who are wondering what is different now then all the other times we have heard we are close…Go read the UN paperwork from yesterday – They released Iraq from all Chapter 7 sanctions…This is some of the best news we have heard in years.
2-25-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: It's all over our news...we are officially released from Chapter VII they say through the Security Council...Foreign Minister Hassani is also on our television promoting that was are officially out of chapter VII, all the door of Iraq internationally are now open. FRANK: That's pretty cool! So will the Iraqi dinar when it floats and as soon as they raise the value you better know when to hold them - know when to fold them.
2-25-2022 Newshound/Intel Guru Mnt Goat ...On Wednesday the UN Security Council officially announced Iraq’s exit from the “Chapter VII...This has “reinstatement of the dinar” indirectly written all over it...
2-25-2022 Newshound Guru Pimpy The only thing that matters is that Iraq out of Chapter VII. Period. Restrictions are lifted. They're looking forward to joining the rest of the international community and working together and strengthening their economy. A strong economy means what? A strong dinar. A strong dinar means what? A valuable dinar. A valuable dinar means what? A better exchange rate...
2-25-2022 Intel Guru MarkZ Article: “Blackshart: The political parties must show a spirit of partnership and highlight the entitlement of the Iraqi People” There is a lot of pressure going on with the minister of finance... ”The white papers and its projects represent the main pillar of economic reform in Iraq” These stories are coming out today. The Iraqi parliament and banks are concerned that this world wide event may get lost in the shuffle and they are ready to move on with the reforms and to raise the value. The UN Security Council published papers releasing Iraq from all chapter 7 sanctions…. With this we are minutes..days close to reforms happening…
2-24-2022 Newshound Guru Samson Article "Kuwait congratulates Iraq on its exit from Chapter VII procedures" Kuwait's speech quote "We welcome the termination of the mandate of the United Nations Compensation Committee over Iraqi funds, and we also congratulate brotherly Iraq on its commitment to implementing decisions The United Nations and his exit from Chapter VII and the end of the compensation file. He added, Iraq’s fulfillment of its international obligations represents a starting point,” stressing that “we will spare no effort to support Iraq’s sovereignty, independence and territorial integrity.”
2-24-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: The citizens are fed up and we want to go back to the 2003 rate...citizens are tired of suffering. CBI better do something. Citizens are complaining. FRANK: That's very good - Your voice and you're doing it peacefully...keep it loud and peaceful... FIREFLY: They're protesting in the square and they're calling for the CBI to make changes.
2-24-2022 Newshound Guru Militiaman Take note that they have been relieved of Chapter VII per the UNSC...
2-24-2022 Newshould Guru Pimpy Article UNSC meeting coverage "Security Council Unanimously Adopts Resolution Confirming United Nations Compensation Commission Has Fulfilled Its Iraq-Kuwait Mandate" People are asking the obvious question "Wasn't Iraq released fro Chapter 7 back in 2013?' Yes it was. Partially. That's causing a lot f confusion...all of it is great news for Iraq and great news for individuals hat are inviting in Iraq...I love how people...say they were released from chapter 7 back in 2013 but don't dig any further than that. They were only partially released...the only thing that matters is that Iraq is out of chapter 7. Period...This is the [UNSC Article] that releases the rest of it all together...They are now fully out of Chapter VII...
2-24-2022 Intel Guru MarkZ There is a whole of lot of news going on around the world today…we will have to watch and see how this will affect things. It could be good for us or cause delays…..we just do not know at this point.
2-24-2022 Newshound Guru Godlover Community comment "Iran thinks by shooting at US Troops they will stop the RI of Iraq from happening." To assume Iran is preventing or delaying the monetary reform, seems impractical to me. Iran is not going away & they will continue to have a foot hold in Iraq long after this blessing. The truth is, Iraq will release the economic reforms when they are ready…..period imo. Seat the new government & Iran will become less of an issue with Iraq. I still look for a new government seating, then that government will have the authority to sent the budget to parliament for the readings & vote. Then it will be sent to the president, whom has 15 days to sign into law or it automatically becomes law. God willing, the budget opens at what we all seek.
2-24-2022 Newshound Guru Kaperoni The United Nations published the official resolution removing Iraq from Chapter 7. Resolution 2621. There has been an abundance of news articles over the last 24 hours in Iraq from economists, politicians discussing the benefits of this conclusion. This is something for Iraqi's to celebrate. They now must move forward, begin to encourage investment to create a private sector...They no longer have the stigma or restraints holding them back from creating a thriving country and economy. https://www.un.org/press/en/2022/sc14801.doc.htm
2-24-2022 Newshound Guru Pimpy Article: "Al-Kazemi's advisor: Iraq is facing a global technological openness after leaving the seventh chapter" Get ready! Being released from chapter 7 means Iraq is now open for business on the international scene - means the economical growth in Iraq is about to take off...keep in mind that the currency is still under restriction until they lift it... Quote: 'lifting of all restrictions represents a technological and scientific process that our country will witness...' Congrats to Iraq. All restrictions lifted.
2-24-2022 Intel Guru Bruce [via WiserNow] ...the information we received...is saying that this could go at any minute – of course we’ve heard that kind of talk before...I’m not supposed to talk about rates – I’m just going to say that the rates are very very good – I think we all will be super pleased with the rates...I am excited and feel really good about where we are - so let’s see what happens in the next day or so...
2-24-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: The citizens are fed up and we want to go back to the 2003 rate...citizens are tired of suffering. CBI better do something. Citizens are complaining. FRANK: That's very good - Your voice and you're doing it peacefully...keep it loud and peaceful... FIREFLY: They're protesting in the square and they're calling for the CBI to make changes.
2-24-2022 Newshound Guru Militiaman Take note that they have been relieved of Chapter VII per the UNSC...
2-24-2022 Newshould Guru Pimpy Article UNSC meeting coverage "Security Council Unanimously Adopts Resolution Confirming United Nations Compensation Commission Has Fulfilled Its Iraq-Kuwait Mandate" People are asking the obvious question "Wasn't Iraq released fro Chapter 7 back in 2013?' Yes it was. Partially. That's causing a lot f confusion...all of it is great news for Iraq and great news for individuals hat are inviting in Iraq...I love how people...say they were released from chapter 7 back in 2013 but don't dig any further than that. They were only partially released...the only thing that matters is that Iraq is out of chapter 7. Period...This is the [UNSC Article] that releases the rest of it all together...They are now fully out of Chapter VII...
2-24-2022 Intel Guru MarkZ There is a whole of lot of news going on around the world today…we will have to watch and see how this will affect things. It could be good for us or cause delays…..we just do not know at this point.
2-24-2022 Newshound Guru Godlover Community comment "Iran thinks by shooting at US Troops they will stop the RI of Iraq from happening." To assume Iran is preventing or delaying the monetary reform, seems impractical to me. Iran is not going away & they will continue to have a foot hold in Iraq long after this blessing. The truth is, Iraq will release the economic reforms when they are ready…..period imo. Seat the new government & Iran will become less of an issue with Iraq. I still look for a new government seating, then that government will have the authority to sent the budget to parliament for the readings & vote. Then it will be sent to the president, whom has 15 days to sign into law or it automatically becomes law. God willing, the budget opens at what we all seek.
2-24-2022 Newshound Guru Kaperoni The United Nations published the official resolution removing Iraq from Chapter 7. Resolution 2621. There has been an abundance of news articles over the last 24 hours in Iraq from economists, politicians discussing the benefits of this conclusion. This is something for Iraqi's to celebrate. They now must move forward, begin to encourage investment to create a private sector...They no longer have the stigma or restraints holding them back from creating a thriving country and economy. https://www.un.org/press/en/2022/sc14801.doc.htm
2-24-2022 Newshound Guru Pimpy Article: "Al-Kazemi's advisor: Iraq is facing a global technological openness after leaving the seventh chapter" Get ready! Being released from chapter 7 means Iraq is now open for business on the international scene - means the economical growth in Iraq is about to take off...keep in mind that the currency is still under restriction until they lift it... Quote: 'lifting of all restrictions represents a technological and scientific process that our country will witness...' Congrats to Iraq. All restrictions lifted.
2-24-2022 Intel Guru Bruce [via WiserNow] ...the information we received...is saying that this could go at any minute – of course we’ve heard that kind of talk before...I’m not supposed to talk about rates – I’m just going to say that the rates are very very good – I think we all will be super pleased with the rates...I am excited and feel really good about where we are - so let’s see what happens in the next day or so...
2-23-2022 *** Dinar Guru News Flash *** Articles are flowing out of Iraq announcing the UNSC unanimously voted Iraq out of chapter 7 sanctions. We hope the UNSC will make a similar announcement to confirm it. Many gurus have said in the past being released from Chapter 7 sanctions could be game changing for Iraq. Stay tuned as the gurus chime in on this monumental vote. The latest guru posts will continue below...
2-23-2022 Intel Guru MarkZ [via PDK] Today has been one of the best news days...something lit up all the contacts this afternoon. Because I am hearing good stuff from every direction right now. I am so excited with all the news coming in this afternoon. Redemption folks working this weekend…bond folks are beyond ecstatic tonight…everything is suddenly lining up in a positive way...It has been a very exciting afternoon...
2-23-2022 Newshound Guru Sandy Ingram Article "Currency Revaluation: Historical examples" In this article we learned more recent currency revalued that have created wealth for investors... Quote "The one thing that is clear about currency revaluations or devaluations, is that they don't come with prior warning. They just happen, catching most people unaware. Central Banks and the international powers at play cannot share any information prior to an even happening, or it would undermine the economic impact"
2-23-2022 Newshound Guru Kaperoni ...So Iraq apparently had their meeting today at the United Nations Security Council. Iraq upon completion of payments to Kuwait now is officially out of UN Chapter 7. Though this is excellent news, it has nothing to do with Iraq 's exchange rate.
2-23-2022 Intel Guru Frank26 [ Iraq boots-on-the-ground TV report] FIREFLY: Sadr's putting pressure on the CBI and the Finance Minister saying get it done. They're saying that we need this new exchange rate to get our economic reforms from white papers completed... FRANK: Monetary reform then the economic reform...everybody knows it's coming but the problem is that it's parliament...just sit the new government down and they will give you the new exchange rate. FIREFLY: Exactly.
2-23-2022 Newshound Guru Samson Article: "Legal expert: Iraq’s exit from Chapter VII of the Charter of the United Nations is a good sign" Quote: “The Security Council voted unanimously to remove Iraq from Chapter VII of the United Nations Charter after 23 years of political isolation and lack of sovereignty that came against the background and practices of the former regime..." [NOTE: We hope to see the UNSC make a formal announcement soon.]
2-23-2022 Newshound Guru Pimpy RV/revlue - assess the value of something again. Adjust the value of a currency in relation to other currencies. So a revaluation is just changing the value of the currency. That's all it is...anytime they change the value of the dinar. [Post 2 of 2]
2-23-2022 Newshound Guru Pimpy People don't know the difference between and RI and an RV...When we are talking RI we are talking about a reinstatement - to restore someone or something to their former position or condition. So to put back to where it was. When you talk about an RI that means whatever the rate was before the program rate. I believe it was $3.22...this is what everybody is hoping and waiting for right here - the RI. The RV is a little bit different... [Post 1 of 2....stay tuned]
2-23-2022 Intel Guru MarkZ [via PDK] What we know is Iraq is out of Chapter 7 sanctions…they need to sit their government so they can raise the value of their currency. Looking like early March, but it could be sooner. This is based on what we are seeing in the real world...its encouraging that they are very public about coming out of chapter 7 and change their currency values. These articles are tangible…something we can see…we can see they are going to change the value of their currency.
2-23-2022 Newshound/Intel Gurus Walkingstick and Frank26 We believe that what Mustafa did yesterday, when he yelled at the GOI/parliament, we believe that was part of a deflection of any speculation in either direction - negative or positive. 'It's not happening.' I can prove it's happening. Only pay attention to Mustafa and Kazemi.
2-23-2022 Intel Guru RayRen98 Article: "What does Iraq's exit from "Article VII" sanctions mean?" Quote: "... Iraq's exit from Chapter VII will restore its legal status in the international community..."
2-23-2022 Newshound Guru Samson Article: "After exiting the seventh chapter… Al-Kazemi tweets: A new beginning for Iraq to restore its role and presence" Al-Kazemi said in a tweet, “Iraq has crowned its efforts on the path of normal relations with its neighbors, brothers and the international community by closing the file of UN resolutions that resulted from the absurd adventures of the former regime, and for which our people paid harsh prices for 32 years.” [NOTE: We hope to see the UNSC make a formal announcement soon.]
2-23-2022 Newshound Guru Clare Article: "The Minister of Foreign Affairs announces Iraq’s exit from Chapter VII procedures". Quote: "Iraq is no longer required to pay any additional sums of money in the future or deal with Chapter VII procedures." [NOTE: We hope to see the UNSC make a formal announcement soon.]
2-23-2022 Intel Guru RVAlready [Iraq announces its exit from Chapter VII procedures] Great news!!! This ends US direct control of the RV. However, US still holds controlling vote in the IMF.
2-23-2022 Newshound Guru Pimpy Article "A new drop in the dollar in Baghdad...and exchange offices: the currency market is turbulent" Here we go...What they're saying is the U.S. Dollar is dropping in value against the dinar...the changes are...not huge but they're at least happening...talking about 13 dinars...I don't expect the US dollar to fall overnight although it's very possible but it is going to gradually go down...what they're trying to say here is the rumors that are floating around is that the dollar is losing its value against the dinar and a new rate change is going to be announced...
2-23-2022 Newshound Guru Sandy Ingram Article "Currency Revaluation: Historical examples" In this article we learned more recent currency revalued that have created wealth for investors... Quote "The one thing that is clear about currency revaluations or devaluations, is that they don't come with prior warning. They just happen, catching most people unaware. Central Banks and the international powers at play cannot share any information prior to an even happening, or it would undermine the economic impact"
2-23-2022 Newshound Guru Kaperoni ...So Iraq apparently had their meeting today at the United Nations Security Council. Iraq upon completion of payments to Kuwait now is officially out of UN Chapter 7. Though this is excellent news, it has nothing to do with Iraq 's exchange rate.
2-23-2022 Intel Guru Frank26 [ Iraq boots-on-the-ground TV report] FIREFLY: Sadr's putting pressure on the CBI and the Finance Minister saying get it done. They're saying that we need this new exchange rate to get our economic reforms from white papers completed... FRANK: Monetary reform then the economic reform...everybody knows it's coming but the problem is that it's parliament...just sit the new government down and they will give you the new exchange rate. FIREFLY: Exactly.
2-23-2022 Newshound Guru Samson Article: "Legal expert: Iraq’s exit from Chapter VII of the Charter of the United Nations is a good sign" Quote: “The Security Council voted unanimously to remove Iraq from Chapter VII of the United Nations Charter after 23 years of political isolation and lack of sovereignty that came against the background and practices of the former regime..." [NOTE: We hope to see the UNSC make a formal announcement soon.]
2-23-2022 Newshound Guru Pimpy RV/revlue - assess the value of something again. Adjust the value of a currency in relation to other currencies. So a revaluation is just changing the value of the currency. That's all it is...anytime they change the value of the dinar. [Post 2 of 2]
2-23-2022 Newshound Guru Pimpy People don't know the difference between and RI and an RV...When we are talking RI we are talking about a reinstatement - to restore someone or something to their former position or condition. So to put back to where it was. When you talk about an RI that means whatever the rate was before the program rate. I believe it was $3.22...this is what everybody is hoping and waiting for right here - the RI. The RV is a little bit different... [Post 1 of 2....stay tuned]
2-23-2022 Intel Guru MarkZ [via PDK] What we know is Iraq is out of Chapter 7 sanctions…they need to sit their government so they can raise the value of their currency. Looking like early March, but it could be sooner. This is based on what we are seeing in the real world...its encouraging that they are very public about coming out of chapter 7 and change their currency values. These articles are tangible…something we can see…we can see they are going to change the value of their currency.
2-23-2022 Newshound/Intel Gurus Walkingstick and Frank26 We believe that what Mustafa did yesterday, when he yelled at the GOI/parliament, we believe that was part of a deflection of any speculation in either direction - negative or positive. 'It's not happening.' I can prove it's happening. Only pay attention to Mustafa and Kazemi.
2-23-2022 Intel Guru RayRen98 Article: "What does Iraq's exit from "Article VII" sanctions mean?" Quote: "... Iraq's exit from Chapter VII will restore its legal status in the international community..."
2-23-2022 Newshound Guru Samson Article: "After exiting the seventh chapter… Al-Kazemi tweets: A new beginning for Iraq to restore its role and presence" Al-Kazemi said in a tweet, “Iraq has crowned its efforts on the path of normal relations with its neighbors, brothers and the international community by closing the file of UN resolutions that resulted from the absurd adventures of the former regime, and for which our people paid harsh prices for 32 years.” [NOTE: We hope to see the UNSC make a formal announcement soon.]
2-23-2022 Newshound Guru Clare Article: "The Minister of Foreign Affairs announces Iraq’s exit from Chapter VII procedures". Quote: "Iraq is no longer required to pay any additional sums of money in the future or deal with Chapter VII procedures." [NOTE: We hope to see the UNSC make a formal announcement soon.]
2-23-2022 Intel Guru RVAlready [Iraq announces its exit from Chapter VII procedures] Great news!!! This ends US direct control of the RV. However, US still holds controlling vote in the IMF.
2-23-2022 Newshound Guru Pimpy Article "A new drop in the dollar in Baghdad...and exchange offices: the currency market is turbulent" Here we go...What they're saying is the U.S. Dollar is dropping in value against the dinar...the changes are...not huge but they're at least happening...talking about 13 dinars...I don't expect the US dollar to fall overnight although it's very possible but it is going to gradually go down...what they're trying to say here is the rumors that are floating around is that the dollar is losing its value against the dinar and a new rate change is going to be announced...
2-22-2022 Intel Guru Frank26 What is the only reason Iraq (the government and Central Bank) has not released a new exchange rate with purchasing power for the citizens? ...Iranian influence...almost 2 months the CBI and Kazemi have been coming out almost daily telling the citizens 'We're going to raise the value of your currency. We're going to have purchasing power...' Hundreds of articles verifying that. What you always dreamed of that they would say they said it to the citizens. Who else heard it? The ones that don't want them to do it...Iran. What is Iran? Mainly parliament.
2-22-2022 Intel Guru MarkZ [via PDK] I had lots of conversations with folks in Iraq. Things are definitely moving forward…many of my Iraqi contacts are now looking at very early in the month of March. After long conversations with them today…I am agreeing with them. Yes they are out of Chapter 7 today…many stories in their main stream news...but it will take a bit to finish dotting I’s and crossing t’s…finish seating of the government. But we were told this is the final step before they release the new value. Early March is only a week away.
2-22-2022 Newshound Guru Sandy Ingram Article: "Iraq's Supreme Court Rules Against KRG oil Independence" The FSC (Federal Supreme Court) surprised everyone last week by giving 4 major verdicts on long-standing legal disputes between Baghdad and Erbil...ruled that Kurdistan regional government's independent oil sector is unconstitutional... [NOTE: This impacts the HCL]
2-22-2022 Newshound/Intel Guru Mnt Goat We...witnessed in this news period that the House of Representatives set a date for a meeting with the Minister of Finance and the Governor of the Central Bank in order to discuss the dollar exchange rate. Yes, exchange rate...It’s all now about the exchange rate...the Minister of Finance did not show for the scheduled meeting. His meeting was rescheduled for a later date this week.
2-22-2022 Newshound Guru Kaperoni The central bank governor made it clear this weekend they are in charge of monetary policy and the dinar exchange rate, not politicians or political blocs...What is so amazing is how Iraq in so many ways tries to take shortcuts. And in this case, many just want to raise the value of the dinar. It doesn't work that way! Id [If?] all these political figures want the dinar value to increase, they should work together to create and pass laws to encourage investment, encourage diversification and local production. Then, when they succeed the CBI will have no choice but to raise the value as a result.
2-22-2022 Intel Guru Fleming Fresh Start for Iraq...Today the fact that Iraq is officially out of Chapter 7 has been verified with UN acknowledgement. This can only mean one thing, everything is settled with the World Court...This also means that Iraq will begin selling its Governments Bonds for serious infrastructure and humanitarian purposes on the world stage, with new ratings and attractive rates... Congratulations for a very hopeful future for the Iraqi People!
2-22-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: We got the CBI but it's not Mustafa and they're telling us that there's not going to be any changes to the exchange rate. This pattern is really bothering us...the reason why they're not going to is because they have to do an extensive study. They're saying that there's too many negative things that could happen with a change in our exchange rate... FRANK: This is nothing but a bunch of bull kaka...
2-22-22 Newshound Guru MilitiaMan Article quote: “The decision to reduce the dollar exchange rate in the local markets is exclusively in the hands of the Central Bank of Iraq, according to the law, and no one may act on it without a decision from the bank.” ? IMO the laws are in place now...The bank has the ability to change the rate when ready. There is a government in place today, is there not? Just as there was when they devalued. imo
2-22-2022 Intel Guru MarkZ [via PDK] [I think the GOI is holding up the RV. Sadly] Don’t panic... Remember we saw exactly this happen before they RV’d Kuwait years ago. There is a lot of political in-fighting. We are hearing anywhere from just hours away –to maybe a few more weeks. ...there was always going to be smoke at the end…We heard some of the same things before Kuwait was announced. The same morning they released RV they had announced that they had no intention of doing it yet…then they did it. So don’t be like “Chicken Little“ today. 2-22-22 Is a day full of great expectations…Hopefully we will see something before it is over.
2-22-2022 Newshound Guru Pimpy There are still restrictions on the currency...Iraqi dinar. Remember they just finished paying off Kuwait... They officially announced it. We have not heard any more chatter about chapter VII and we know they're still on the blacklist in the EU. They're working really hard to accommodate the European Union so they can get removed...That blacklist prevents the European Union from working with Iraqs banks because they're accusing the banks in Iraq of funding terrorism and laundering money...there's still a couple hurdles that Iraq has not got passed yet before they can make any major changes to the rate...
2-22-2022 Newshound Guru Samson Article: "Vietnam new Asian tiger: Business Times" Quote: "Once among the poorest countries in the world, its economy is now booming and the World Bank describes it as one of the most dynamic and emerging countries in the entire East Asia region, Business Times said in an article published last week, calling Việt Nam a “new Asian tiger.”
2-22-2022 Intel Guru RVAlready Pressure is increasing in Iraq to get this done. I hope by the end of the week.
2-22-2022 Intel Guru MarkZ [via PDK] I had lots of conversations with folks in Iraq. Things are definitely moving forward…many of my Iraqi contacts are now looking at very early in the month of March. After long conversations with them today…I am agreeing with them. Yes they are out of Chapter 7 today…many stories in their main stream news...but it will take a bit to finish dotting I’s and crossing t’s…finish seating of the government. But we were told this is the final step before they release the new value. Early March is only a week away.
2-22-2022 Newshound Guru Sandy Ingram Article: "Iraq's Supreme Court Rules Against KRG oil Independence" The FSC (Federal Supreme Court) surprised everyone last week by giving 4 major verdicts on long-standing legal disputes between Baghdad and Erbil...ruled that Kurdistan regional government's independent oil sector is unconstitutional... [NOTE: This impacts the HCL]
2-22-2022 Newshound/Intel Guru Mnt Goat We...witnessed in this news period that the House of Representatives set a date for a meeting with the Minister of Finance and the Governor of the Central Bank in order to discuss the dollar exchange rate. Yes, exchange rate...It’s all now about the exchange rate...the Minister of Finance did not show for the scheduled meeting. His meeting was rescheduled for a later date this week.
2-22-2022 Newshound Guru Kaperoni The central bank governor made it clear this weekend they are in charge of monetary policy and the dinar exchange rate, not politicians or political blocs...What is so amazing is how Iraq in so many ways tries to take shortcuts. And in this case, many just want to raise the value of the dinar. It doesn't work that way! Id [If?] all these political figures want the dinar value to increase, they should work together to create and pass laws to encourage investment, encourage diversification and local production. Then, when they succeed the CBI will have no choice but to raise the value as a result.
2-22-2022 Intel Guru Fleming Fresh Start for Iraq...Today the fact that Iraq is officially out of Chapter 7 has been verified with UN acknowledgement. This can only mean one thing, everything is settled with the World Court...This also means that Iraq will begin selling its Governments Bonds for serious infrastructure and humanitarian purposes on the world stage, with new ratings and attractive rates... Congratulations for a very hopeful future for the Iraqi People!
2-22-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: We got the CBI but it's not Mustafa and they're telling us that there's not going to be any changes to the exchange rate. This pattern is really bothering us...the reason why they're not going to is because they have to do an extensive study. They're saying that there's too many negative things that could happen with a change in our exchange rate... FRANK: This is nothing but a bunch of bull kaka...
2-22-22 Newshound Guru MilitiaMan Article quote: “The decision to reduce the dollar exchange rate in the local markets is exclusively in the hands of the Central Bank of Iraq, according to the law, and no one may act on it without a decision from the bank.” ? IMO the laws are in place now...The bank has the ability to change the rate when ready. There is a government in place today, is there not? Just as there was when they devalued. imo
2-22-2022 Intel Guru MarkZ [via PDK] [I think the GOI is holding up the RV. Sadly] Don’t panic... Remember we saw exactly this happen before they RV’d Kuwait years ago. There is a lot of political in-fighting. We are hearing anywhere from just hours away –to maybe a few more weeks. ...there was always going to be smoke at the end…We heard some of the same things before Kuwait was announced. The same morning they released RV they had announced that they had no intention of doing it yet…then they did it. So don’t be like “Chicken Little“ today. 2-22-22 Is a day full of great expectations…Hopefully we will see something before it is over.
2-22-2022 Newshound Guru Pimpy There are still restrictions on the currency...Iraqi dinar. Remember they just finished paying off Kuwait... They officially announced it. We have not heard any more chatter about chapter VII and we know they're still on the blacklist in the EU. They're working really hard to accommodate the European Union so they can get removed...That blacklist prevents the European Union from working with Iraqs banks because they're accusing the banks in Iraq of funding terrorism and laundering money...there's still a couple hurdles that Iraq has not got passed yet before they can make any major changes to the rate...
2-22-2022 Newshound Guru Samson Article: "Vietnam new Asian tiger: Business Times" Quote: "Once among the poorest countries in the world, its economy is now booming and the World Bank describes it as one of the most dynamic and emerging countries in the entire East Asia region, Business Times said in an article published last week, calling Việt Nam a “new Asian tiger.”
2-22-2022 Intel Guru RVAlready Pressure is increasing in Iraq to get this done. I hope by the end of the week.
2-21-2022 Intel Guru MarkZ [via PDK] ...lots of confusing articles from Iraq…some say no need to change the rate…many more saying they need to change the exchange rate…until it changes…expect to see conflicting articles like that...Iraqi contacts meanwhile are expecting to see a new rate sometime this week...my redemption center folks are still in an “idle” position. They have not been brought in to the centers…it has me scratching my head with these “mixed signals”...so for now there is a skeleton crew working at centers during business hours...I am still hearing great news and great chatter, but it’s all over the place. This is what we expected at the very end.
2-21-2022 Newshound Guru Pimpy Article: "Al-Maliki comments on the dollar crisis and directs a request to the Central Bank of Iraq" The Coordination Framework is really pressing for a rate change. They're really kissing butt to the poor people. Why is that you suppose? These are the same people who put the poor people in the poor position by stealing from the people, embezzling, smuggling money out, very corrupt...this is why Sadr is not going to include him in the government under any circumstances. He is hell-bent on going after all of those individuals...
2-21-2022 Intel Guru RayRen98 INTEL STARTED FLOWING IN LATE LAST NIGHT...AWAITING UPDATES FROM MULTIPLE SOURCES ...THERE'S A LIGHT AT THE END OF THIS TUNNEL!!! I FEEL A RATE CHANGE COMING...DIRECTLY!!!
2-21-2022 Intel Guru Frank26 Article: "Al-Hamami: The Silk Road And Al-Faw Port Are Priorities For The Next Stage". Quote: "the citizen is waiting for the fulfillment of a number of demands from the next government, especially with regard to the dollar exchange rate, which has caused great harm to the Iraqis" WE WAIT WITH GOOD COMPANY THE CITIZENS OF IRAQ”.
2-21-2022 Intel Guru RVAlready Well, tomorrow the UN should release Iraq from chapter 7. That should have a positive effect.
2-21-2022 Newshound Guru MilitiaMan Article: "After the unexpected position of the Minister of Finance, an economist expects different scenarios for the dollar crisis" Quote: "people should dispense with their “dollar” savings and transfer them to the Iraqi dinar." ...they are not selling dollars for Dinars. They are allowing sales of dollars though for dinar. All of which is a bonus to the citizens imo... They’ll make a lot more money by doing so now with the new rate and purchase power to come... imo.. If it works out this way, it is brilliant. imo
2-21-2022 Intel Guru MarkZ [via PDK] Article: “The dollar continues to decline against the dinar…the continued depreciation of the exchange rate in Baghdad” This tells us how much closer we are. The dollar continues to decline and nobody wants to let go of their dinar. This is causing issues in the markets because no one is buying and selling…no one wants to let go of their dinar because they are expecting the value to change at any moment… People from Al Kazemi’s camp are all screaming that this is the week we need to change the value of the dinar…there are massive conversations going on in Iraq right now. I am excited about what we are seeing come out of Iraq over the weekend.
2-21-2022 Newshound Guru Pimpy Tons and tons of chatter about the exchange rate...over the last two days it has been non-stop news about the Iraqi dinar exchange rate. I know you guys are looking for an RI or an RV... What they were talking about doing in the white papers comes to find out was they wanted to bring it to 1200 dinars for every dollar which is an improvement from where it is [1450] but still worse than where we were...1190 for every dollar...From where we are right now that's a 27.5% increase in value. Not exactly what you wanted but still going in the right direction. My thought is that it would go up in increments - I still feel that way.
2-21-2022 Newshound/Intel Guru Mnt Goat Article: "IRAQ’S FOREIGN RESERVES ARE A TREASURE IN A RUINED HOUSE" Ok, so we finally get the truth. This is translated to USD $91 billion. Didn’t the fake Iraqi news media just tell us earlier...it was only USD $64 billion? ...I told everyone many times this was much, much higher and they were not giving us the correct information. But now the truth is out...
2-21-2022 Newshound Guru Pimpy Article: "Al-Maliki comments on the dollar crisis and directs a request to the Central Bank of Iraq" The Coordination Framework is really pressing for a rate change. They're really kissing butt to the poor people. Why is that you suppose? These are the same people who put the poor people in the poor position by stealing from the people, embezzling, smuggling money out, very corrupt...this is why Sadr is not going to include him in the government under any circumstances. He is hell-bent on going after all of those individuals...
2-21-2022 Intel Guru RayRen98 INTEL STARTED FLOWING IN LATE LAST NIGHT...AWAITING UPDATES FROM MULTIPLE SOURCES ...THERE'S A LIGHT AT THE END OF THIS TUNNEL!!! I FEEL A RATE CHANGE COMING...DIRECTLY!!!
2-21-2022 Intel Guru Frank26 Article: "Al-Hamami: The Silk Road And Al-Faw Port Are Priorities For The Next Stage". Quote: "the citizen is waiting for the fulfillment of a number of demands from the next government, especially with regard to the dollar exchange rate, which has caused great harm to the Iraqis" WE WAIT WITH GOOD COMPANY THE CITIZENS OF IRAQ”.
2-21-2022 Intel Guru RVAlready Well, tomorrow the UN should release Iraq from chapter 7. That should have a positive effect.
2-21-2022 Newshound Guru MilitiaMan Article: "After the unexpected position of the Minister of Finance, an economist expects different scenarios for the dollar crisis" Quote: "people should dispense with their “dollar” savings and transfer them to the Iraqi dinar." ...they are not selling dollars for Dinars. They are allowing sales of dollars though for dinar. All of which is a bonus to the citizens imo... They’ll make a lot more money by doing so now with the new rate and purchase power to come... imo.. If it works out this way, it is brilliant. imo
2-21-2022 Intel Guru MarkZ [via PDK] Article: “The dollar continues to decline against the dinar…the continued depreciation of the exchange rate in Baghdad” This tells us how much closer we are. The dollar continues to decline and nobody wants to let go of their dinar. This is causing issues in the markets because no one is buying and selling…no one wants to let go of their dinar because they are expecting the value to change at any moment… People from Al Kazemi’s camp are all screaming that this is the week we need to change the value of the dinar…there are massive conversations going on in Iraq right now. I am excited about what we are seeing come out of Iraq over the weekend.
2-21-2022 Newshound Guru Pimpy Tons and tons of chatter about the exchange rate...over the last two days it has been non-stop news about the Iraqi dinar exchange rate. I know you guys are looking for an RI or an RV... What they were talking about doing in the white papers comes to find out was they wanted to bring it to 1200 dinars for every dollar which is an improvement from where it is [1450] but still worse than where we were...1190 for every dollar...From where we are right now that's a 27.5% increase in value. Not exactly what you wanted but still going in the right direction. My thought is that it would go up in increments - I still feel that way.
2-21-2022 Newshound/Intel Guru Mnt Goat Article: "IRAQ’S FOREIGN RESERVES ARE A TREASURE IN A RUINED HOUSE" Ok, so we finally get the truth. This is translated to USD $91 billion. Didn’t the fake Iraqi news media just tell us earlier...it was only USD $64 billion? ...I told everyone many times this was much, much higher and they were not giving us the correct information. But now the truth is out...
2-20-2022 Newshound Guru Pimpy There are tons and tons of articles...about the exchange rate. They want accountability. They want to know what's going on. They want to know why it is that oil prices have been shooting up but the dinar rate still stays the same...we know the budget hasn't been voted on yet so who knows maybe they will make a change to the rate in there...
2-20-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: We now see that the Finance Minister is saying that since Iraq has paid off Kuwait and officially cleared, next Iraq will officially be cleared of Chapter VII sanctions on February 22nd...
2-20-2022 Newshound Guru MilitiaMan The dissolution of the committee with the UNSC on Chapter VII is slated for finality on 02/22/2022.. I suspect the IMF will make the decision to accept the new exchange rate and re instate the IQD to Article VIII...Let's see what they do next. I’ll bet it is going to be powerful!!!
2-20-2022 Newshound Guru Jeff The reforms are waiting on the formation of the government and the next reform step is the rate change. Basically everything's waiting on the formation of that government and then we can all get blessed with our rate change.
2-20-2022 Guru Nader From The Mid East We don't want it like that. We wanted at least 1 to 1. We don't want it on 125 or 144. We don't give a damn about that. Seriously we don't give a damn. You know we're tired. Listen. Each time I travel for business, for anything like that, it cost me a lot of money. Tell you the truth sometimes I travel for business I lose money...125 doesn't change anything for us. We have to go back at 2002/2003. The rate have to go back to normal. This is not normal guys. This message is not for you guys. This message is for the government of Iraq. It's for the CBI...I want to reach the government of Iraq. I want to reach my government. I want to reach my people to let them know that's it's enough.
2-20-2022 Newshound Guru Pimpy Article: "Baghdad markets are closed due to the decline in dollar exchange rate" That's interesting. Quote: "The exchange rate of the dollar fell against Iraqi dinar." That's what you want - the dollar to go down against the dinar. That means the dinar is gaining on value against the dollar.
2-20-2022 Intel Guru MarkZ [via PDK] [Hearing anything on the Vietnamese dong?] I still hear it’s going to be about $2.25-$2.30. This fits with the reinstatement rate from when the devalued it in the 60’s…that is what I am expecting.
2-20-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: We now see that the Finance Minister is saying that since Iraq has paid off Kuwait and officially cleared, next Iraq will officially be cleared of Chapter VII sanctions on February 22nd...
2-20-2022 Newshound Guru MilitiaMan The dissolution of the committee with the UNSC on Chapter VII is slated for finality on 02/22/2022.. I suspect the IMF will make the decision to accept the new exchange rate and re instate the IQD to Article VIII...Let's see what they do next. I’ll bet it is going to be powerful!!!
2-20-2022 Newshound Guru Jeff The reforms are waiting on the formation of the government and the next reform step is the rate change. Basically everything's waiting on the formation of that government and then we can all get blessed with our rate change.
2-20-2022 Guru Nader From The Mid East We don't want it like that. We wanted at least 1 to 1. We don't want it on 125 or 144. We don't give a damn about that. Seriously we don't give a damn. You know we're tired. Listen. Each time I travel for business, for anything like that, it cost me a lot of money. Tell you the truth sometimes I travel for business I lose money...125 doesn't change anything for us. We have to go back at 2002/2003. The rate have to go back to normal. This is not normal guys. This message is not for you guys. This message is for the government of Iraq. It's for the CBI...I want to reach the government of Iraq. I want to reach my government. I want to reach my people to let them know that's it's enough.
2-20-2022 Newshound Guru Pimpy Article: "Baghdad markets are closed due to the decline in dollar exchange rate" That's interesting. Quote: "The exchange rate of the dollar fell against Iraqi dinar." That's what you want - the dollar to go down against the dinar. That means the dinar is gaining on value against the dollar.
2-20-2022 Intel Guru MarkZ [via PDK] [Hearing anything on the Vietnamese dong?] I still hear it’s going to be about $2.25-$2.30. This fits with the reinstatement rate from when the devalued it in the 60’s…that is what I am expecting.
2-19-2022 Newshound Guru Pimpy Dinar rate change talk as usual. Remember Sadr when he campaigned he said he was going to do something about the exchange rate. Now having said that, calm down. We don't know what it means. There's people out there thinking they're going to reinstate the old rate...$3.22...There's nothing out there that proves that. The only thing right now that we hear about is Sadr wants to change the rate back. It could be the 1190 dinars for every dollar...but lots of news about this. Sadr's government is not even formed and already he's putting a smack-down on criminals, corruption and doing something about helping the poor out by changing the rate of the dinar...
2-19-2022 Newshound Guru Militiaman The need to keep things under wraps for the project [to delete the zeros] is very important. Evidence...not seen doesn’t mean there is none to be seen. It just may mean it is and rightfully so, not to be seen until the time is set for exposure.
2-19-2022 Newshound/Intel Guru Mnt Goat Article: "AN ECONOMIST CRITICIZES THE PERSISTENCE OF DOLLAR PRICES AT THEIR CURRENT STATUS" By Wednesday of this week oil was as high as USD$95.
2-19-2022 Intel Guru MarkZ [via PDK] From Iraq there are many articles overnight and this morning coming out of Baghdad. One of the running news stories is they have completed all actions to end Chapter 7…This is important because as far as the Iraqi People are concerned…they have been told all along that once they finish chapter 7- then they get a reinstatement of their old value. This is what is playing on Iraqi news right now…that they have met all obligations in Chapter 7. Paperwork has been completed with all international agencies and they expect to end chapter 7 as soon as their new government is sat. That is what they expect within a few short days.
2-19-2022 Newshound Guru Samson Article: "Rejecting his invitation to Parliament by Al-Sadr...The Minister of Finance sends a letter to the Prime Minister" [The Minister of Finance is not going to Parliament to discuss the exchange rate.]
2-19-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: CBI on the news...that they are the ones in control...of the exchange rate and not a political decision...it tends to say to us Iraqi citizens the CBI will make the final decision on the exchange rate sooner than later. This is the 3rd time this week the CBI is saying that they are the ones in control of the rate...
2-19-2022 Intel Guru MarkZ [via PDK] Iraq is still looking at next week for a new rate on their currency.
2-19-2022 Intel Guru Bruce [via WiserNow] I was very excited because of the intel that came in yesterday and again re-enforced with today’s intel that we got...we had two different banks very high up lead banks...talk to us about a possibility of the 22nd or 23rd... I’m giving you what I’m getting – really strong this time...very specific – They’ve got that 3 day weekend they’ve talked about for years and years...We are looking good – Iraq is ready to rock and roll – they are really excited – I don’t know exactly when Iraq’s dinar will be internationally known – my gut is it might be Sunday...maybe sooner than that ...I’m excited about where we stand right now more than I have ever been...I believe we are totally in the clear now for this to happen...
2-19-2022 Newshound Guru Militiaman The need to keep things under wraps for the project [to delete the zeros] is very important. Evidence...not seen doesn’t mean there is none to be seen. It just may mean it is and rightfully so, not to be seen until the time is set for exposure.
2-19-2022 Newshound/Intel Guru Mnt Goat Article: "AN ECONOMIST CRITICIZES THE PERSISTENCE OF DOLLAR PRICES AT THEIR CURRENT STATUS" By Wednesday of this week oil was as high as USD$95.
2-19-2022 Intel Guru MarkZ [via PDK] From Iraq there are many articles overnight and this morning coming out of Baghdad. One of the running news stories is they have completed all actions to end Chapter 7…This is important because as far as the Iraqi People are concerned…they have been told all along that once they finish chapter 7- then they get a reinstatement of their old value. This is what is playing on Iraqi news right now…that they have met all obligations in Chapter 7. Paperwork has been completed with all international agencies and they expect to end chapter 7 as soon as their new government is sat. That is what they expect within a few short days.
2-19-2022 Newshound Guru Samson Article: "Rejecting his invitation to Parliament by Al-Sadr...The Minister of Finance sends a letter to the Prime Minister" [The Minister of Finance is not going to Parliament to discuss the exchange rate.]
2-19-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: CBI on the news...that they are the ones in control...of the exchange rate and not a political decision...it tends to say to us Iraqi citizens the CBI will make the final decision on the exchange rate sooner than later. This is the 3rd time this week the CBI is saying that they are the ones in control of the rate...
2-19-2022 Intel Guru MarkZ [via PDK] Iraq is still looking at next week for a new rate on their currency.
2-19-2022 Intel Guru Bruce [via WiserNow] I was very excited because of the intel that came in yesterday and again re-enforced with today’s intel that we got...we had two different banks very high up lead banks...talk to us about a possibility of the 22nd or 23rd... I’m giving you what I’m getting – really strong this time...very specific – They’ve got that 3 day weekend they’ve talked about for years and years...We are looking good – Iraq is ready to rock and roll – they are really excited – I don’t know exactly when Iraq’s dinar will be internationally known – my gut is it might be Sunday...maybe sooner than that ...I’m excited about where we stand right now more than I have ever been...I believe we are totally in the clear now for this to happen...
2-18-2022 Regular Guy Guru Vital Brad Was I wrong the other day to say Iraqi dinar was never going to revalue? I've been in this for 12 years waiting and waiting and waiting for it to revalue - finally I hit rock bottom, readjusted my position on it and what's happening!?! There's some hot stuff coming out on the Iraqi dinar! Was I wrong? ... Article "Al-Kazemi's advisor: It is time to address the side effects of changing the exchange rate" ...I still hope it's gonna happen...I'm gonna let it unfold. I thought it was really cool to actually see the currency rate being talked about on their mainstream news. It's a big thing.
2-18-2022 Newshound Guru Militiaman Article: "After al-Sadr’s tweet, the Iraqi parliament summons the Minister of Finance and the Governor of the Central Bank" I’ll bet there is nothing in the world now that is going to stop this Man, Sadr. He has been on fire for months now...He has told the citizens he was pro exchange rate change at the start this year. He is on track for that today, too...The CBI has the rate and the Finance Minister has the laws to allow the money to be spent. This not for later it is now, immediately...
2-18-2022 Newshound Guru Pimpy Article: "Al-Kazemi's advisor: It is time to address the side effects of changing the exchange rate" What do you think it means Pimpy? I think it means exactly what it says. They're going to address the exchange rate. I know what people want my answer to be but I'm not going to make that kind of commitment because there's nothing out there that indicates this [A big RV]. All they're talking about is changing the rate...I'm just gonna go on the assumption that they're going to change it back to the 1190 dinar for every 1 US dollar...if they actually dropped it down 1050 dinars for every 1 dollar you're looking at about a 27.5% increase...
2-18-2022 Intel Guru sheila History of currency revaluations - up and down - are documented, especially war-based currency history. Iraqi Dinar is just one of the latest in the historical stories to be written. It's not "if", it's "when" and "how much".
2-18-2022 Newshound Guru Jeff The Central Bank is telling us at this time especially through the fact that they're working on doing a three-year budget, the reforms, everything else that they are on track to revalue the currency. We do know they have to form the government first...
2-18-2022 Intel Guru MarkZ [via PDK] Ideally they wanted to do this on a 3 day weekend…and we now have a 3 day weekend with Presidents day…My Iraqi contacts are still looking at the 22nd. They have been looking at this date for some time now. And Kazemi in articles is talking about how they need to reinstate their rate…it’s hurting the poor. This article was yesterday in Baghdad news…very positive.
2-18-2022 Guru Nader From The Mid East Here's what the CEO of the CBI said. He said if they put the price up on the dinar it's going to hurt the economy. It's going to effect the money box of the state of Iraq which I think they're talking about a reserve. He said it's not going to be easy to change the exchange rate but the parliament invite them immediately Saturday morning. You have to be here with your partners, CEO director, manager, supervisor everybody's going to be in the parliament. We don't know what's going on. We hope something is going to happen... [Post 2 of 2]
2-18-2022 Guru Nader From The Mid East Today [Yesterday] this afternoon the parliament would have a meeting with the CBI. They're gonna ask him maybe to change the rate. I don't know what's gonna happen but something is gonna happen. Sadr's been pushing so we'll see what's going on...everyone is expecting something to happen this month. We don't know the date exactly. Can be tomorrow...it can be next month. [Post 1 of 2...stay tuned]
2-18-2022 Intel Guru Fleming ...The Iraq Government, along with Iraq’s Central Bank, are under huge pressure to get this RV done right now. Not right now, but RIGHT NOW! The reasons are absolute and can’t be changed, delayed, or put on hold. There’s no stopping this jet train which has left the station running at Quantum Speed...
2-18-2022 Intel Guru Frank26 Article: "After al-Sadr’s tweet, the Iraqi parliament summons the Minister of Finance and the Governor of the Central Bank" Quote: "Al-Sadr had presented, earlier today, six proposals regarding the exchange rate of the dollar against the Iraqi dinar, including summoning the Minister of Finance, Ali Allawi, and the governor of the Central Bank, Mustafa Ghaleb, immediately" Immediately! Quote: "Al-Sadr urged “to organize the Iraqi currency market centrally and in a correct manner, by enacting some laws that increase the value of the dinar exchange rate."
2-18-2022 Newshound Guru MilitiaMan ...The Kurds apparently have been tapping the oil kegs to the tune of up to $65.00 a barrel and for years and years on end...Sadr wants the HCL applied by the Federal courts decision... Well, the courts finally laid out the facts and that is the HCL is going to be appropriated fairly per Federal Law...lets not forget that there was a major event between Switzerland and Iraq regarding stolen monies...It is suggested to be in the hundreds of billions...All that money stolen will support this new exchange rate...
2-18-2022 Newshound Guru Militiaman Article: "After al-Sadr’s tweet, the Iraqi parliament summons the Minister of Finance and the Governor of the Central Bank" I’ll bet there is nothing in the world now that is going to stop this Man, Sadr. He has been on fire for months now...He has told the citizens he was pro exchange rate change at the start this year. He is on track for that today, too...The CBI has the rate and the Finance Minister has the laws to allow the money to be spent. This not for later it is now, immediately...
2-18-2022 Newshound Guru Pimpy Article: "Al-Kazemi's advisor: It is time to address the side effects of changing the exchange rate" What do you think it means Pimpy? I think it means exactly what it says. They're going to address the exchange rate. I know what people want my answer to be but I'm not going to make that kind of commitment because there's nothing out there that indicates this [A big RV]. All they're talking about is changing the rate...I'm just gonna go on the assumption that they're going to change it back to the 1190 dinar for every 1 US dollar...if they actually dropped it down 1050 dinars for every 1 dollar you're looking at about a 27.5% increase...
2-18-2022 Intel Guru sheila History of currency revaluations - up and down - are documented, especially war-based currency history. Iraqi Dinar is just one of the latest in the historical stories to be written. It's not "if", it's "when" and "how much".
2-18-2022 Newshound Guru Jeff The Central Bank is telling us at this time especially through the fact that they're working on doing a three-year budget, the reforms, everything else that they are on track to revalue the currency. We do know they have to form the government first...
2-18-2022 Intel Guru MarkZ [via PDK] Ideally they wanted to do this on a 3 day weekend…and we now have a 3 day weekend with Presidents day…My Iraqi contacts are still looking at the 22nd. They have been looking at this date for some time now. And Kazemi in articles is talking about how they need to reinstate their rate…it’s hurting the poor. This article was yesterday in Baghdad news…very positive.
2-18-2022 Guru Nader From The Mid East Here's what the CEO of the CBI said. He said if they put the price up on the dinar it's going to hurt the economy. It's going to effect the money box of the state of Iraq which I think they're talking about a reserve. He said it's not going to be easy to change the exchange rate but the parliament invite them immediately Saturday morning. You have to be here with your partners, CEO director, manager, supervisor everybody's going to be in the parliament. We don't know what's going on. We hope something is going to happen... [Post 2 of 2]
2-18-2022 Guru Nader From The Mid East Today [Yesterday] this afternoon the parliament would have a meeting with the CBI. They're gonna ask him maybe to change the rate. I don't know what's gonna happen but something is gonna happen. Sadr's been pushing so we'll see what's going on...everyone is expecting something to happen this month. We don't know the date exactly. Can be tomorrow...it can be next month. [Post 1 of 2...stay tuned]
2-18-2022 Intel Guru Fleming ...The Iraq Government, along with Iraq’s Central Bank, are under huge pressure to get this RV done right now. Not right now, but RIGHT NOW! The reasons are absolute and can’t be changed, delayed, or put on hold. There’s no stopping this jet train which has left the station running at Quantum Speed...
2-18-2022 Intel Guru Frank26 Article: "After al-Sadr’s tweet, the Iraqi parliament summons the Minister of Finance and the Governor of the Central Bank" Quote: "Al-Sadr had presented, earlier today, six proposals regarding the exchange rate of the dollar against the Iraqi dinar, including summoning the Minister of Finance, Ali Allawi, and the governor of the Central Bank, Mustafa Ghaleb, immediately" Immediately! Quote: "Al-Sadr urged “to organize the Iraqi currency market centrally and in a correct manner, by enacting some laws that increase the value of the dinar exchange rate."
2-18-2022 Newshound Guru MilitiaMan ...The Kurds apparently have been tapping the oil kegs to the tune of up to $65.00 a barrel and for years and years on end...Sadr wants the HCL applied by the Federal courts decision... Well, the courts finally laid out the facts and that is the HCL is going to be appropriated fairly per Federal Law...lets not forget that there was a major event between Switzerland and Iraq regarding stolen monies...It is suggested to be in the hundreds of billions...All that money stolen will support this new exchange rate...
2-17-2022 Intel Guru MarkZ [via PDK] I have some positive news from Iraq. Article: “Al Kazemi’s advisor-It’s time to address the side effects of changing the exchange rate” They want the new rate now because its greatly affecting the poor people in Iraq. This is straight out of Baghdad today. They are talking about changing the exchange regularly now. When they talk about going back to the old rate. They are talking about big changes to fix the smuggling problems, trade imbalances and helping the poor. They want the old re-instated value. Very positive news. And what I am hearing from Iraq is they are clearly targeting the 22nd.
2-17-2022 Newshound/Intel Guru Mnt Goat Article: "IRAQ EMBARKS ON DIGITAL TRANSFORMATION AT ITIEX INTERNATIONAL" We have known since 2011 that part of the banking reforms was to digitize the banking system and bring technology to point of sale out to the citizens. This will make it much easier to convert the three zeros later.
2-17-2022 Newshound Guru Jeff Article: "Deputy Speaker of Iraqi Parliament to New York to participate in a United Nations Session" Iraq...in June 2013 got out of Chapter VII sanctions and they went into Chapter VI...with the remaining money owed to Kuwait and then they recently paid Kuwait in full. That brought them out of the Chapter VII sanctions. At this point they're no longer under any kind of sanctions from the U.S. or U.N...now this gentleman goes to New York to participate in a U.N. meeting session...they're working with Iraq to get them into the international community...
2-17-2022 Newshound Guru MilitiaMan Article: "Mazhar Muhammad Salih talks about the dollar exchange rate in the general budget" He knows the process...imo. Quote: “fact of the move to raise the dollar exchange rate and fix it” Then drop the three 000s imo.
2-17-2022 Intel Guru MarkZ [via PDK] My Iraqi contacts are looking for the 21st and 22nd for the new dinar rate. But, it could happen at any moment before that. They were clear on that...
2-17-2022 Intel Guru Frank26 Article: "The Head Of A Bloc Reveals Parliamentary Efforts To Restore The Dollar Exchange Rate Against The Dinar" PARLIAMENT REPEATS… 'WE SIGNED THE DOCUMENTS FOR THE NEW EXCHANGE RATE… WE TOLD THE CITIZENS ABOUT THE NEW EXCHANGE RATE…. WE ARE NO LONGER THE PROBLEM' Quote: "there are parliamentary moves to return the dollar exchange rate to its old price due to the high inflation.”
2-17-2022 Intel Guru Fleming We have...heard all about the Quantum Financial System and the incredible changes taking place this month, that will completely change “The System.” The date we’re looking at is 2/22/22 for this complete change over. Once this date arrives we’re in a New System ...That’s next Tuesday. Yes, it’s another Thursday, Friday, hype for Tuesday start. But is it really the same ole, same ole hype? No, it is not...Notifications are imminent. Exchange/redemption is imminent...
2-17-2022 Newshound/Intel Guru Mnt Goat Article: "IRAQ EMBARKS ON DIGITAL TRANSFORMATION AT ITIEX INTERNATIONAL" We have known since 2011 that part of the banking reforms was to digitize the banking system and bring technology to point of sale out to the citizens. This will make it much easier to convert the three zeros later.
2-17-2022 Newshound Guru Jeff Article: "Deputy Speaker of Iraqi Parliament to New York to participate in a United Nations Session" Iraq...in June 2013 got out of Chapter VII sanctions and they went into Chapter VI...with the remaining money owed to Kuwait and then they recently paid Kuwait in full. That brought them out of the Chapter VII sanctions. At this point they're no longer under any kind of sanctions from the U.S. or U.N...now this gentleman goes to New York to participate in a U.N. meeting session...they're working with Iraq to get them into the international community...
2-17-2022 Newshound Guru MilitiaMan Article: "Mazhar Muhammad Salih talks about the dollar exchange rate in the general budget" He knows the process...imo. Quote: “fact of the move to raise the dollar exchange rate and fix it” Then drop the three 000s imo.
2-17-2022 Intel Guru MarkZ [via PDK] My Iraqi contacts are looking for the 21st and 22nd for the new dinar rate. But, it could happen at any moment before that. They were clear on that...
2-17-2022 Intel Guru Frank26 Article: "The Head Of A Bloc Reveals Parliamentary Efforts To Restore The Dollar Exchange Rate Against The Dinar" PARLIAMENT REPEATS… 'WE SIGNED THE DOCUMENTS FOR THE NEW EXCHANGE RATE… WE TOLD THE CITIZENS ABOUT THE NEW EXCHANGE RATE…. WE ARE NO LONGER THE PROBLEM' Quote: "there are parliamentary moves to return the dollar exchange rate to its old price due to the high inflation.”
2-17-2022 Intel Guru Fleming We have...heard all about the Quantum Financial System and the incredible changes taking place this month, that will completely change “The System.” The date we’re looking at is 2/22/22 for this complete change over. Once this date arrives we’re in a New System ...That’s next Tuesday. Yes, it’s another Thursday, Friday, hype for Tuesday start. But is it really the same ole, same ole hype? No, it is not...Notifications are imminent. Exchange/redemption is imminent...
2-16-2022 Intel Guru MarkZ [via PDK] [Can you explain the benefit for Iraq if they RV the dinar?] In a nutshell…their currency has no value. Like if you live in the US and your dollar doesn’t buy much. When they increase the value of the dinar…they will have greater purchasing power...their currency will mean something…When they revalue their currency it will be huge for Iraq and give them a much more stable government, a more stable society, and more purchasing power...
2-16-2022 Newshound/Intel Guru Mnt Goat "WORTH $27 BILLION… AN “IRAQI – FRENCH” DEAL IS THREATENED WITH CANCELLATION DUE TO DISPUTES" Remember they also have a 500 billion deal with China and the “silk” road waiting in the wings too. Can it get any better? All they have to do is get the new government in place and make it an honest away from Iranian influence. Can Sadr do it? How can they possibly keep the dinar at 1/6 of a penny if these deals go through...
2-16-2022 Newshound Guru Kaperoni Confuse[-sion] once again referring to UN Chapter 7 as the ability for Iraq to float their currency internationally. Chapter 7 has nothing to do with monetary policy which is guided by the IMF...The UN will probably recognize Iraq has completed payments to Kuwait ...with little fan fare.
2-16-2022 Intel Guru Bruce [via WiserNow] ...we understand that they have done what they said they were going to do with their government – they’ve got a current Prime Minister in place – they are going to keep I think – for right now anyway – and they have a rate that is out and tradeable...and supposed to make the Forex I think tonight...Iraq has said they are ready to move forward...That is all good news and I’m sure Iraq’s sovereignty is coming in to play... they are only waiting to put that rate out publicly... I believe we are on the precipice of this... I’ve been told... that this week is still golden for us – so we’ll see how that manifests ...
2-16-2022 Newshound Guru Militiaman Article: "After the barrel price reaches 95 dollars, will the exchange rate be restored?" Quote “The current government is a caretaker government, and the political situation is turbulent, so it is unlikely that the exchange rate will be restored before the new government is formed.” The CBI devalued the currency with the same government caretaker...it is not imo the main focus of the CBI. It may be a focus for propaganda purposes in the scheme of things, as past revaluations support that there is in fact a component of just that. Even Dr. Shabibi ... mentioned that propaganda was one component of many.
2-16-2022 Newshound Guru Samson Article: "Three Countries Embrace $360 Billion Of Iraq’s Stolen Money" Quote: "...the total amount is estimated at about 360 billion dollars and deposited in Turkey, the UAE and Jordan...the UN Security Council urged Switzerland to cooperate with Iraq to return its smuggled money..."
2-16-2022 Intel Guru MarkZ [via PDK] Redemption folks that I know have been told they will be working this weekend. At least a half a day on Saturday, then on call the rest of the weekend. So, I think that is positive.
2-16-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: Television now talking about the imminent release...from chapter seven...when that happens the United States of America can release sanctions from Treasury Department and you know that will free up Iraq to go on Forex and global. FRANK: Precisely...these documents from the United Nations are all signed and they have been waiting. They are ready to go but they're not exposed yet because Iraq has not seated Kazemi's government yet...everything is still moving forward and you can see that...
2-16-2022 Newshound/Intel Guru Mnt Goat Article: "AFTER PAYING ALL COMPENSATION TO KUWAIT… HAS THE IRAQI ECONOMY BEEN LIBERATED?" Quote: "Iraq must submit a request to the Security Council, in order to transfer it from Chapter VII of the Charter of the United Nations to the provisions of Chapter VI of the Charter" We as investors have waited since 2004 for this and now it is here…Hurray!!! It is all moving in the right direction. Better days are ahead.
2-16-2022 Newshound/Intel Guru Mnt Goat "WORTH $27 BILLION… AN “IRAQI – FRENCH” DEAL IS THREATENED WITH CANCELLATION DUE TO DISPUTES" Remember they also have a 500 billion deal with China and the “silk” road waiting in the wings too. Can it get any better? All they have to do is get the new government in place and make it an honest away from Iranian influence. Can Sadr do it? How can they possibly keep the dinar at 1/6 of a penny if these deals go through...
2-16-2022 Newshound Guru Kaperoni Confuse[-sion] once again referring to UN Chapter 7 as the ability for Iraq to float their currency internationally. Chapter 7 has nothing to do with monetary policy which is guided by the IMF...The UN will probably recognize Iraq has completed payments to Kuwait ...with little fan fare.
2-16-2022 Intel Guru Bruce [via WiserNow] ...we understand that they have done what they said they were going to do with their government – they’ve got a current Prime Minister in place – they are going to keep I think – for right now anyway – and they have a rate that is out and tradeable...and supposed to make the Forex I think tonight...Iraq has said they are ready to move forward...That is all good news and I’m sure Iraq’s sovereignty is coming in to play... they are only waiting to put that rate out publicly... I believe we are on the precipice of this... I’ve been told... that this week is still golden for us – so we’ll see how that manifests ...
2-16-2022 Newshound Guru Militiaman Article: "After the barrel price reaches 95 dollars, will the exchange rate be restored?" Quote “The current government is a caretaker government, and the political situation is turbulent, so it is unlikely that the exchange rate will be restored before the new government is formed.” The CBI devalued the currency with the same government caretaker...it is not imo the main focus of the CBI. It may be a focus for propaganda purposes in the scheme of things, as past revaluations support that there is in fact a component of just that. Even Dr. Shabibi ... mentioned that propaganda was one component of many.
2-16-2022 Newshound Guru Samson Article: "Three Countries Embrace $360 Billion Of Iraq’s Stolen Money" Quote: "...the total amount is estimated at about 360 billion dollars and deposited in Turkey, the UAE and Jordan...the UN Security Council urged Switzerland to cooperate with Iraq to return its smuggled money..."
2-16-2022 Intel Guru MarkZ [via PDK] Redemption folks that I know have been told they will be working this weekend. At least a half a day on Saturday, then on call the rest of the weekend. So, I think that is positive.
2-16-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: Television now talking about the imminent release...from chapter seven...when that happens the United States of America can release sanctions from Treasury Department and you know that will free up Iraq to go on Forex and global. FRANK: Precisely...these documents from the United Nations are all signed and they have been waiting. They are ready to go but they're not exposed yet because Iraq has not seated Kazemi's government yet...everything is still moving forward and you can see that...
2-16-2022 Newshound/Intel Guru Mnt Goat Article: "AFTER PAYING ALL COMPENSATION TO KUWAIT… HAS THE IRAQI ECONOMY BEEN LIBERATED?" Quote: "Iraq must submit a request to the Security Council, in order to transfer it from Chapter VII of the Charter of the United Nations to the provisions of Chapter VI of the Charter" We as investors have waited since 2004 for this and now it is here…Hurray!!! It is all moving in the right direction. Better days are ahead.
2-15-2022 Intel Guru MarkZ Iraq continues to release articles about international cooperation and International trade with Kuwait and many other countries. Also many articles being released on how they need to raise their rate to be on a “even playing field with Kuwait” Whom they expect to be one of their major trading partners.
2-15-2022 Intel Guru Fleming Iraq is stick-a-fork-in-it-done. They are celebrating and dancing in the streets in joy for their Sovereign National Wealth. With oil at $92/barrel, heading up to $120, it’s a huge amount. The Iraq People, with their commitment as a major provider of oil..., they have a very bright future outlook.
2-15-2022 Newshound Guru Samson Article: "Criticism Of The Government And Assurances That The Budget Will Not Be Passed Without Adjusting The Dollar Exchange Rate"
2-15-2022 Newshound Guru MilitiaMan Article: "After the barrel price reaches 95 dollars, will the exchange rate be restored?" Quote: 'Al-Maksusi confirmed the possibility of returning the dollar exchange rate to its previous rate, but not at the present time.' That is exactly what they are going to do, as promised by politicians. They are going to complete the project to delete the zeros...They are not going to to tell the world that they are going to change the exchange rate with a specific time and date. That would be suicide, likely illegal and or both... Not to mention insider trading, counterfeiting, leakage, etc., etc.. lol
2-15-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: Seleh is talking about the dollar exchange rate in the budget. He's saying it should be 150,000 dinar to 1 American dollar...this is without the zeros. He's talking about 1.50 to $1...we're not sure but he's saying budget should be this. FRANK26: Directly from the horse's mouth...he tells the citizens...you're going to be 1 to 1...it may be 1.50 to 1 before we even bust out of the gates.
2-15-2022 Newshound/Intel Gurus Walkingstick and Frank26 There can be a lot of negativity out there...there can be a lot of articles that lead you in an opposite direction...there are a lot of misinformation about [what] the parliament and GOI and the CBI and now the full cabinet of Kazemi are doing. What they're doing is continuing with the plan.
2-15-2022 Intel Guru MarkZ [Frank26 said last night they should have the government in place within 48 hours not the 22nd] I think they can RV at any time. …they don’t have to wait for the 22nd…but there is sure a lot of chatter about the 21st and 22nd...There is also chatter that Iraq may have already changed its rate…but, folks on the streets are not trading at a higher rate yet...There has been zero bad news. Redemption Cents are keeping a skeleton crew on all week in the hopes something happens this week...I believe we are at the end of the race - just waiting to cross that finish line.
2-15-2022 Newshound/Intel Guru Mnt Goat ...prior to this release any financial returns in hard currency (oil revenues) did not go directly to Iraq, but through the United States Federal Bank. So, in the future, oil revenues will go directly to Iraqi Central Bank (CBI)...Do you see where this is going? On Feb 9 in a UN council meeting, it was decided that the UN would release Iraq from all Chapter VII sanctions on Feb 22. In this case the US Treasury OFAC sanctions should also be released as well as any sanctions by the EU. [post 2 of 2]
2-15-2022 Newshound/Intel Guru Mnt Goat Article: "AFTER PAYING ALL COMPENSATION TO KUWAIT… HAS THE IRAQI ECONOMY BEEN LIBERATED?" ...removal from Chapter VII and movement to operating under Chapter VI will change the economy of Iraq...Operating under Chapter VI of the Charter will liberate the Iraqi banking system and integrate it with the global banking system, something that could not have fully happened while under Chapter VII... [post 1 of 2...stay tuned]
2-15-2022 Intel Guru Fleming ...Will we hear about Iraq’s new currency before Wednesday? It’s possible. The IMF likes the 1st and the 15th for announcing new rates. Although there’s one more month in this first quarter. That’s one more month for this to drag on until further actions can take place that make this difficult situation even more difficult. We can only stay informed and stay tuned, as we wait and see what will occur...
2-15-2022 Intel Guru Fleming Iraq is stick-a-fork-in-it-done. They are celebrating and dancing in the streets in joy for their Sovereign National Wealth. With oil at $92/barrel, heading up to $120, it’s a huge amount. The Iraq People, with their commitment as a major provider of oil..., they have a very bright future outlook.
2-15-2022 Newshound Guru Samson Article: "Criticism Of The Government And Assurances That The Budget Will Not Be Passed Without Adjusting The Dollar Exchange Rate"
2-15-2022 Newshound Guru MilitiaMan Article: "After the barrel price reaches 95 dollars, will the exchange rate be restored?" Quote: 'Al-Maksusi confirmed the possibility of returning the dollar exchange rate to its previous rate, but not at the present time.' That is exactly what they are going to do, as promised by politicians. They are going to complete the project to delete the zeros...They are not going to to tell the world that they are going to change the exchange rate with a specific time and date. That would be suicide, likely illegal and or both... Not to mention insider trading, counterfeiting, leakage, etc., etc.. lol
2-15-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: Seleh is talking about the dollar exchange rate in the budget. He's saying it should be 150,000 dinar to 1 American dollar...this is without the zeros. He's talking about 1.50 to $1...we're not sure but he's saying budget should be this. FRANK26: Directly from the horse's mouth...he tells the citizens...you're going to be 1 to 1...it may be 1.50 to 1 before we even bust out of the gates.
2-15-2022 Newshound/Intel Gurus Walkingstick and Frank26 There can be a lot of negativity out there...there can be a lot of articles that lead you in an opposite direction...there are a lot of misinformation about [what] the parliament and GOI and the CBI and now the full cabinet of Kazemi are doing. What they're doing is continuing with the plan.
2-15-2022 Intel Guru MarkZ [Frank26 said last night they should have the government in place within 48 hours not the 22nd] I think they can RV at any time. …they don’t have to wait for the 22nd…but there is sure a lot of chatter about the 21st and 22nd...There is also chatter that Iraq may have already changed its rate…but, folks on the streets are not trading at a higher rate yet...There has been zero bad news. Redemption Cents are keeping a skeleton crew on all week in the hopes something happens this week...I believe we are at the end of the race - just waiting to cross that finish line.
2-15-2022 Newshound/Intel Guru Mnt Goat ...prior to this release any financial returns in hard currency (oil revenues) did not go directly to Iraq, but through the United States Federal Bank. So, in the future, oil revenues will go directly to Iraqi Central Bank (CBI)...Do you see where this is going? On Feb 9 in a UN council meeting, it was decided that the UN would release Iraq from all Chapter VII sanctions on Feb 22. In this case the US Treasury OFAC sanctions should also be released as well as any sanctions by the EU. [post 2 of 2]
2-15-2022 Newshound/Intel Guru Mnt Goat Article: "AFTER PAYING ALL COMPENSATION TO KUWAIT… HAS THE IRAQI ECONOMY BEEN LIBERATED?" ...removal from Chapter VII and movement to operating under Chapter VI will change the economy of Iraq...Operating under Chapter VI of the Charter will liberate the Iraqi banking system and integrate it with the global banking system, something that could not have fully happened while under Chapter VII... [post 1 of 2...stay tuned]
2-15-2022 Intel Guru Fleming ...Will we hear about Iraq’s new currency before Wednesday? It’s possible. The IMF likes the 1st and the 15th for announcing new rates. Although there’s one more month in this first quarter. That’s one more month for this to drag on until further actions can take place that make this difficult situation even more difficult. We can only stay informed and stay tuned, as we wait and see what will occur...
2-14-2022 Newshound Guru MilitiaMan The WTO has had meetings with respect to Iraq’s ascension into the organization...Imports and exports are going to be on steroids once they interlink all the borders and ports with digital transparency. The income is going to support their new exchange rate, just as the gold reserves, the Sulphur , the liquid natural gas, oil, tourism, agriculture, etc..
2-14-2022 Intel Guru Fleming ...According to a financial minister in Iraq , the new Dinar rate is approved to start at $3.20 USD/1 Dinar and will float with the market. The dinar rate will rise quickly, as the CBI (Central Bank of Iraq ) pulls in the (old) obsolete Dinar notes from all over the world to launch the GOLDEN DINAR. As soon as oil reaches a value of $120 a barrel for sweet crude, Iraq is planning to fix the rate of dinar at $3.20. Iraq can RV anytime. Today, tomorrow, is on the table. Now that Iraq ’s presidential election is solved we are looking at $3.20 immediately...
2-14-22 Intel Guru Frank26 The articles we're seeing right now, they're the article that we've always dreamed of for our investment...
2-14-2022 Intel Guru MarkZ [via PDK] Should be a busy week...My redemption center folks are in meetings this morning for updates on what to expect this week...The Fed has a “closed door meeting” today on rates. We will be watching for the outcome on that. That meeting is going on even as we speak. The Fed has backed themselves into a corner… I have not received any negative news. Except of course that we haven’t gone yet.
2-14-2022 Newshound Guru Kaperoni change is imminent as soon as the UN frees Iraq from Chapter 7 [?] Iraq has been out from UN chapter 7 for quite a while now...Paying off Kuwait the final post war retributions has nothing to do with UN sanctions.
2-14-2022 Newshound Guru MilitiaMan Article: "Mazhar Muhammad Salih talks about the dollar exchange rate in the general budget" IMO this sort of article from Salih is and was expected to come out... Quote: "The Central Bank of Iraq revealed the fact of the move to raise the dollar exchange rate and fix it at the price of 150 thousand dinars for the $100 bill." If the fact is that the rate is to be fixed at 1500 that means they are right where they want be. Drop the three zeros and wa la.. $1.50 IQD / $1.00 USD...IMO
2-14-2022 Newshound/Intel Guru Mnt Goat Remember currently the IQD RATE is NOT reflecting the true IQD VALUE...legally they needed to get out of sanctions and now with the release from Chapter VII fully and the Center for Banking Studies organized a symposium on removing Iraq from the European Union’s list of high-risk countries. Can the news get any better. Hang in there and be patient the gift if coming to us…
2-14-2022 Intel Guru Fleming ...According to a financial minister in Iraq , the new Dinar rate is approved to start at $3.20 USD/1 Dinar and will float with the market. The dinar rate will rise quickly, as the CBI (Central Bank of Iraq ) pulls in the (old) obsolete Dinar notes from all over the world to launch the GOLDEN DINAR. As soon as oil reaches a value of $120 a barrel for sweet crude, Iraq is planning to fix the rate of dinar at $3.20. Iraq can RV anytime. Today, tomorrow, is on the table. Now that Iraq ’s presidential election is solved we are looking at $3.20 immediately...
2-14-22 Intel Guru Frank26 The articles we're seeing right now, they're the article that we've always dreamed of for our investment...
2-14-2022 Intel Guru MarkZ [via PDK] Should be a busy week...My redemption center folks are in meetings this morning for updates on what to expect this week...The Fed has a “closed door meeting” today on rates. We will be watching for the outcome on that. That meeting is going on even as we speak. The Fed has backed themselves into a corner… I have not received any negative news. Except of course that we haven’t gone yet.
2-14-2022 Newshound Guru Kaperoni change is imminent as soon as the UN frees Iraq from Chapter 7 [?] Iraq has been out from UN chapter 7 for quite a while now...Paying off Kuwait the final post war retributions has nothing to do with UN sanctions.
2-14-2022 Newshound Guru MilitiaMan Article: "Mazhar Muhammad Salih talks about the dollar exchange rate in the general budget" IMO this sort of article from Salih is and was expected to come out... Quote: "The Central Bank of Iraq revealed the fact of the move to raise the dollar exchange rate and fix it at the price of 150 thousand dinars for the $100 bill." If the fact is that the rate is to be fixed at 1500 that means they are right where they want be. Drop the three zeros and wa la.. $1.50 IQD / $1.00 USD...IMO
2-14-2022 Newshound/Intel Guru Mnt Goat Remember currently the IQD RATE is NOT reflecting the true IQD VALUE...legally they needed to get out of sanctions and now with the release from Chapter VII fully and the Center for Banking Studies organized a symposium on removing Iraq from the European Union’s list of high-risk countries. Can the news get any better. Hang in there and be patient the gift if coming to us…
2-13-2022 Newshound Guru Pimpy There's a lot of outrageous claims coming out about the rate. I'm hearing anything from...$3.22 to as high as $11. Come on you guys they can't do that. You gotta think about how many dinars are in circulation and multiply it by that number. Do you think Iraq has that kind of money laying around? They don't. There's no $11. There's no... $9.26. I don't know how you guys came up with such an oddball number...stay grounded and take everything with a grain of salt...
2-13-2022 Intel Guru Frank26 Article: "Al-Hilali: Parliamentary movement to return the exchange rate to its previous era“ IT IS NOT FOR YOU TO TAKE CREDIT PARLIAMENT
2-13-2022 Newshound Guru Militiaman Article: "Coordination framework: The new government will be resolved within the next two days" The coordination framework is still insisting on all it’s forces. That suggests to me that they are in an all or nothing stance. Maliki is part of the “all it’s forces”, which Sadr has a problem with imo...on the table is an option to have everyone that is in the government...we may likely see that the government in place now goes for four more years... If the coordination framework decides that they will exclude Maliki, then again we could still see a similar line up for the next government... Seems that Sadr likes the line up and works well with them. imo
2-13-2022 Intel Guru Fleming ...Iraq is losing $100 M a day with the presently devalued Dinar. Oil is now, $93. Selling at this price with the present Dinar can’t be sustained. Iraq can RV anytime. Today, tomorrow, is on the table...Now that Iraq’s presidential election is solved we are looking at $3.20 immediately. This will float up quickly. Will we hear about Iraq’s new currency before Wednesday? The IMF likes the 1st and the 15th for announcing new rates...The End is Near...
2-13-2022 Newshound Guru Samson Article: "Al-Kazemi’s advisor reveals the end of the “Chapter Seven” era" Quote: "Iraq has fulfilled its full obligations regarding the compensation for the Kuwait war, and its consequences, as Iraq has paid during the past 3 decades 52.4 billion US dollars...the Security Council in New York is scheduled to approve on February 22 the dissolution of the committee."
2-13-2022 Newshound Guru Clare Article: "U.N. Security Council Votes to Remove Iraq from Chapter VII Sanctions" Quote: "The 15-member United Nations Security Council unanimously agreed on June 27, 2013 to remove Iraq from Chapter VII sanctions" IMO THIS IS AN ANNOUNCEMENT OF THE DISSOLUTION OF THE COMMITTEE FOR THE PAYMENTS BECAUSE PAYMENTS ARE DONE! … LIKE THE ARTICLE HAS SAID … THAT IS DIRECTLY FROM THEM… THE DETAILS SURROUNDING ALL OF IRAQ’S FILES WITH THE UN – NONE OF US REALLY KNOW…YES…. WHAT HAPPENS ON 2/22/22 REMAINS TO BE SEEN...IT IS AN INTERESTING DATE FOR SURE!
2-13-2022 Newshound Guru Godlover Community comment: "Has anyone thought about the possibility that the expression “previous era” is just a translation thing..that adheres more to the 2020 rate?" Well, certainly to me it is looking as though that is probably going to be the case imo...My views would be a little different if there was any evidence on the NSCN’s &/or training, but there just isn’t any to date...
2-13-2022 Newshound/Intel Guru RVAlready One thing to remember in these crazy revaluation stories: The Iraq public have been shown the new lower denomination notes. In order for those notes to be effective, the CBI must reduce the exchange rate to less than 10 to 1.
2-13-2022 Intel Guru Frank26 Article: "Al-Hilali: Parliamentary movement to return the exchange rate to its previous era“ IT IS NOT FOR YOU TO TAKE CREDIT PARLIAMENT
2-13-2022 Newshound Guru Militiaman Article: "Coordination framework: The new government will be resolved within the next two days" The coordination framework is still insisting on all it’s forces. That suggests to me that they are in an all or nothing stance. Maliki is part of the “all it’s forces”, which Sadr has a problem with imo...on the table is an option to have everyone that is in the government...we may likely see that the government in place now goes for four more years... If the coordination framework decides that they will exclude Maliki, then again we could still see a similar line up for the next government... Seems that Sadr likes the line up and works well with them. imo
2-13-2022 Intel Guru Fleming ...Iraq is losing $100 M a day with the presently devalued Dinar. Oil is now, $93. Selling at this price with the present Dinar can’t be sustained. Iraq can RV anytime. Today, tomorrow, is on the table...Now that Iraq’s presidential election is solved we are looking at $3.20 immediately. This will float up quickly. Will we hear about Iraq’s new currency before Wednesday? The IMF likes the 1st and the 15th for announcing new rates...The End is Near...
2-13-2022 Newshound Guru Samson Article: "Al-Kazemi’s advisor reveals the end of the “Chapter Seven” era" Quote: "Iraq has fulfilled its full obligations regarding the compensation for the Kuwait war, and its consequences, as Iraq has paid during the past 3 decades 52.4 billion US dollars...the Security Council in New York is scheduled to approve on February 22 the dissolution of the committee."
2-13-2022 Newshound Guru Clare Article: "U.N. Security Council Votes to Remove Iraq from Chapter VII Sanctions" Quote: "The 15-member United Nations Security Council unanimously agreed on June 27, 2013 to remove Iraq from Chapter VII sanctions" IMO THIS IS AN ANNOUNCEMENT OF THE DISSOLUTION OF THE COMMITTEE FOR THE PAYMENTS BECAUSE PAYMENTS ARE DONE! … LIKE THE ARTICLE HAS SAID … THAT IS DIRECTLY FROM THEM… THE DETAILS SURROUNDING ALL OF IRAQ’S FILES WITH THE UN – NONE OF US REALLY KNOW…YES…. WHAT HAPPENS ON 2/22/22 REMAINS TO BE SEEN...IT IS AN INTERESTING DATE FOR SURE!
2-13-2022 Newshound Guru Godlover Community comment: "Has anyone thought about the possibility that the expression “previous era” is just a translation thing..that adheres more to the 2020 rate?" Well, certainly to me it is looking as though that is probably going to be the case imo...My views would be a little different if there was any evidence on the NSCN’s &/or training, but there just isn’t any to date...
2-13-2022 Newshound/Intel Guru RVAlready One thing to remember in these crazy revaluation stories: The Iraq public have been shown the new lower denomination notes. In order for those notes to be effective, the CBI must reduce the exchange rate to less than 10 to 1.
2-12-2022 Newshound/Intel Guru Mnt Goat ...article from November 2021..WOW! "BASRA UNIVERSITY ORGANIZES A PANEL DISCUSSION ON THE PROJECT TO REMOVE ZEROS FROM THE IRAQI CURRENCY" ...this article definitively tells us that the project to delete the zeros is linked to a revaluation and the reinstatement of the dinar...you can’t do one without the other. But why would they be discussing this topic if they were not serious about taking some sort of action to bring back the dinar to a higher value and get off the program rate. This is a recent article only going back to Nov of last year...these articles they tell us when they say” bring back the rate of the dinar to its previous rate”, this is what they mean- to get off the artificial, suppressed rate and give the true rate to reflect the true value.
2-12-2022 Newshound Guru Pimpy We heard the rumors about the deletion of zeros happening about once every six months. You'll get used to it...all the time we hear...'back screens' got numbers...people are on standby, the 800 numbers...there's no 800 numbers. There's no redemption centers...unless they're mistakenly labeling the exchange centers the redemption centers. There's no 'redemption' centers...I'm sorry I have to be the bad guy that pees on people's Wheaties but I'm telling you the truth...take all the information...with a grain of salt, decipher through it and figure out what is BS and what isn't.
2-12-2022 Intel Guru MarkZ [via PDK] ...Redemption Center folks are on call…they have not been called in as of yet...Still some political unrest in Iraq as they work towards a conclusion. I did get some news from someone in Iraq late yesterday...They still expect their rate change within days or a few weeks. Politically they can reseat their old government if needed…But, the CBI has been adamant that they still intend to roll the rate back to its previous higher value…not the in-between rate.
2-12-2022 Newshound Guru MilitiaMan we are are still in a sweet spot for this RI and end result to come. There is so much to support that we will see the end game they have in store for themselves and along side the world. Iraq, is out of Chapter 7, they are implementing the activation of electronic borders and ports for fees, customs and tariffs. They are to integrate all provinces in short order.
2-12-2022 Intel Guru Frank26 Iraq is actually stealing money from itself right now. I'm not going to say that it's Kazimi the prime minister and I'm not going to say it's Mustafa [CBI governor]. What it is it's parliament...What are the three things we need - three presidents, one prime minister and the laws to activate the budget. Where is it? Why are these people being so idiotic? Because they don't want to lose power...
2-12-2022 Newshound/Intel Guru Mnt Goat Article: "The financial advisor talks to “Nas” about the imminent end of the “Chapter Seven” era" When Chapter VII is finally closed, the US Treasury will have to lift OFAC sanctions off the Iraqi dinar. WE know it and the banks know its coming. We all know what this means... Iraq will be free to reinstate the dinar back on to FOREX. Iraq will no longer need the permission of the IMF and the World Bank to reinstate... Yes, they may want their advice and blessing. Then we go to the bank…
2-12-2022 Newshound Guru Pimpy We heard the rumors about the deletion of zeros happening about once every six months. You'll get used to it...all the time we hear...'back screens' got numbers...people are on standby, the 800 numbers...there's no 800 numbers. There's no redemption centers...unless they're mistakenly labeling the exchange centers the redemption centers. There's no 'redemption' centers...I'm sorry I have to be the bad guy that pees on people's Wheaties but I'm telling you the truth...take all the information...with a grain of salt, decipher through it and figure out what is BS and what isn't.
2-12-2022 Intel Guru MarkZ [via PDK] ...Redemption Center folks are on call…they have not been called in as of yet...Still some political unrest in Iraq as they work towards a conclusion. I did get some news from someone in Iraq late yesterday...They still expect their rate change within days or a few weeks. Politically they can reseat their old government if needed…But, the CBI has been adamant that they still intend to roll the rate back to its previous higher value…not the in-between rate.
2-12-2022 Newshound Guru MilitiaMan we are are still in a sweet spot for this RI and end result to come. There is so much to support that we will see the end game they have in store for themselves and along side the world. Iraq, is out of Chapter 7, they are implementing the activation of electronic borders and ports for fees, customs and tariffs. They are to integrate all provinces in short order.
2-12-2022 Intel Guru Frank26 Iraq is actually stealing money from itself right now. I'm not going to say that it's Kazimi the prime minister and I'm not going to say it's Mustafa [CBI governor]. What it is it's parliament...What are the three things we need - three presidents, one prime minister and the laws to activate the budget. Where is it? Why are these people being so idiotic? Because they don't want to lose power...
2-12-2022 Newshound/Intel Guru Mnt Goat Article: "The financial advisor talks to “Nas” about the imminent end of the “Chapter Seven” era" When Chapter VII is finally closed, the US Treasury will have to lift OFAC sanctions off the Iraqi dinar. WE know it and the banks know its coming. We all know what this means... Iraq will be free to reinstate the dinar back on to FOREX. Iraq will no longer need the permission of the IMF and the World Bank to reinstate... Yes, they may want their advice and blessing. Then we go to the bank…
2-11-2022 Intel Guru Mike Cottrell [via PDK] The word I am getting since yesterday is that the hierarchy at the very top is saying this is “Imminent” …I have been hearing words like this for a long time...but, last week was very interesting as we got more and more things that led us to believe this was about to happen...So I am excited because I see a lot of things happening that will cause this to occur. It will take place on its own accord. They can pull the plug or push the button at any time…events are converging where they need to flip the switch…and its going to be soon.
2-11-2022 Intel Guru Bruce [via WiserNow] Iraq has said that they have a new Iraqi dinar and a new rate – they are going to bring that information out as well as their new government – their new Prime Minister and President – on Saturday – they are going to...announce their new structured government – their new dinar and new rate - all of that on Saturday...if Iraq does...they are ready to go boom boom boom – they are trading internationally...they would probably start their trading on Sunday – their first business day...We have been told from two separate sources unrelated – that we should receive our notifications...over the weekend...I am excited about the possibility of this weekend
2-11-2022 Intel Guru MarkZ [via PDK] ...redemption center staff have a “on call” weekend. They are not officially “in” this weekend...News was again all over the place last night. We need to keep the faith guys, and not lose hope. We are close to the end and will cross it together.
2-11-2022 Newshound Guru Militiaman Let's keep in mind it was also said by the PM for that rate change and it is said to be 02/22/2022. That is aligned with the same time frame for the Dissolution of the committee out of the UN with respect to Iraq being freed from Chapter VII... So, with all of the data we have we can see there is progress and imminence to a rate change. imo. I personally don’t think the dissolution is a necessity item for the rate change, I believe it is a formality only and after the fact...imo [Post 2 of 2]
2-11-2022 Newshound Guru Militiaman Lets watch and see if they play the game of reverting back to the 1450 from 1460 as it is said that the PM has mentioned it. That would mean to go international by...the process of deleting the three zeros from the exchange rate. 1460 then becomes 1.46. That is what the citizens need and is apart of the plan to go back to the previous era. Just going back 10 dinars is not going to fly as an international rate... [Post 1 of 2....stay tuned]
2-11-2022 Newshound Guru Pimpy Good news coming out of Iraq... Article: "Iraq fulfilled its obligations...The UN committee supervising compensation for Kuwait ends its mandate" This is awesome news. This is one huge step going in the right direction. It is now officially ended...Are we gonna get the official ending of Chapter VII next?
2-11-2022 Intel Guru Frank26 Article: "In the document, Al-Sari proposes to the Presidency of Parliament to issue a decision obligating the government to send the budget to start its legislation" YOU ARE AMONG GOOD COMPANY… BECAUSE EVERYBODY WANTS THE RI EVEN PARLIAMENT!!!
2-11-2022 Newshound/Intel Guru Mnt Goat Article: "THE FEDERAL GOVERNMENT SETS THE DATE FOR CONSIDERING THE CASE AGAINST ZEBARI’S CANDIDACY FOR THE PRESIDENCY" Quote: "the Federal Supreme Court announced the date of the lawsuit against accepting the election of the Kurdistan Democratic Party candidate Hoshyar Zebari for the post of President of the Republic as Next Sunday, February 13th." Will we even have to wait until Sunday or will they settle this more quickly? I think they are going to surprise us...
2-11-2022 Intel Guru Bruce [via WiserNow] Iraq has said that they have a new Iraqi dinar and a new rate – they are going to bring that information out as well as their new government – their new Prime Minister and President – on Saturday – they are going to...announce their new structured government – their new dinar and new rate - all of that on Saturday...if Iraq does...they are ready to go boom boom boom – they are trading internationally...they would probably start their trading on Sunday – their first business day...We have been told from two separate sources unrelated – that we should receive our notifications...over the weekend...I am excited about the possibility of this weekend
2-11-2022 Intel Guru MarkZ [via PDK] ...redemption center staff have a “on call” weekend. They are not officially “in” this weekend...News was again all over the place last night. We need to keep the faith guys, and not lose hope. We are close to the end and will cross it together.
2-11-2022 Newshound Guru Militiaman Let's keep in mind it was also said by the PM for that rate change and it is said to be 02/22/2022. That is aligned with the same time frame for the Dissolution of the committee out of the UN with respect to Iraq being freed from Chapter VII... So, with all of the data we have we can see there is progress and imminence to a rate change. imo. I personally don’t think the dissolution is a necessity item for the rate change, I believe it is a formality only and after the fact...imo [Post 2 of 2]
2-11-2022 Newshound Guru Militiaman Lets watch and see if they play the game of reverting back to the 1450 from 1460 as it is said that the PM has mentioned it. That would mean to go international by...the process of deleting the three zeros from the exchange rate. 1460 then becomes 1.46. That is what the citizens need and is apart of the plan to go back to the previous era. Just going back 10 dinars is not going to fly as an international rate... [Post 1 of 2....stay tuned]
2-11-2022 Newshound Guru Pimpy Good news coming out of Iraq... Article: "Iraq fulfilled its obligations...The UN committee supervising compensation for Kuwait ends its mandate" This is awesome news. This is one huge step going in the right direction. It is now officially ended...Are we gonna get the official ending of Chapter VII next?
2-11-2022 Intel Guru Frank26 Article: "In the document, Al-Sari proposes to the Presidency of Parliament to issue a decision obligating the government to send the budget to start its legislation" YOU ARE AMONG GOOD COMPANY… BECAUSE EVERYBODY WANTS THE RI EVEN PARLIAMENT!!!
2-11-2022 Newshound/Intel Guru Mnt Goat Article: "THE FEDERAL GOVERNMENT SETS THE DATE FOR CONSIDERING THE CASE AGAINST ZEBARI’S CANDIDACY FOR THE PRESIDENCY" Quote: "the Federal Supreme Court announced the date of the lawsuit against accepting the election of the Kurdistan Democratic Party candidate Hoshyar Zebari for the post of President of the Republic as Next Sunday, February 13th." Will we even have to wait until Sunday or will they settle this more quickly? I think they are going to surprise us...
2-10-2022 Intel Guru MarkZ [via PDK] [Isaac : There is a delay...] Could it be a “punk fake” like they did in Kuwait? Like what they did in China. Where they told everyone no rv for weeks of months still…and then that same day in Kuwait they revalued their currency…and in China it was 3 days later. So we don’t know...One minute we are hearing we are going to get the call within an hour…then 20 minutes later we get a call saying early next week. IMO the news is to all over the place to even make a good guess right now. I think the good news is it appears to be exceptionally close because they still want people in place and all the logistics are set up for it...This was to be expected…imo this is the smoke right here at the end. We were told to expect this and it is what we are getting...
2-10-2022 Intel Guru Frank26 Article: "Finance : The Iraqi economy has begun to recover as a result of the reform steps of the White Paper" UNDERSTAND THIS ARTICLE AND YOU UNDERSTAND THE GOVERNOR OF THE CBI BECAUSE THERE’S NO REASON TO UNDERSTAND THE NEGATIVE ARTICLES. Quote: "the Minister touched upon, the most important of which is the policy of changing the exchange rate that guarantees the revival of the Iraqi economy" RI FIRST THEN THE ECONOMIC REFORM!!!
2-10-2022 Newshound Guru Samson Article: "A United Nations body: Iraq has completed the payment of compensation for the invasion of Kuwait, amounting to 52.4 billion dollars" Quote: "with the final payment of compensation that took place on January 13, 2022, all compensation awarded by the committee has now been paid in full.” She added that “the government of Iraq has fulfilled its international obligations to compensate all the claimants who were awarded compensation by the committee for the losses and damages they incurred as a direct result of Iraq’s illegal invasion of Kuwait.”
2-10-2022 Newshound Guru Clare Article: "Setting a date for the dissolution of the Iraqi-Kuwaiti Compensation Committee" Quote: "the United Nations committee charged with overseeing the process of Iraq’s payment of, compensation to Kuwait has completed its mandate after 30 years of its formation and paid $52.4 billion, while the Security Council in New York is scheduled to approve on February 22 the dissolution of the committee."
2-10-2022 Newshound Guru Sandy Ingram Iraq's latest news is all over the news all around the world. Article: "Iraqi lawmakers fail to elect new president amid boycott" On Monday only 58 lawmakers of parliament showed up out of 329 to vote for Iraq's new president. Parliament is the one who decides who the next president will be...no new date was set for the election and parliament cannot elect a prime minister until this issue is resolved...
2-10-2022 Guru Nader From The Mid East Yesterday Al-Kazemi asked the CEO of the CBI why the dinar is low. He said it's because we don't want to affect employees who get paid low...he said at 2/22 it would be at 1450. It doesn't make any sense. Why do that - 1450 instead of 1460? ...I don't think what I read was right...maybe I'm crazy I don't know but it's not very good news if they put it back up 1450...why you changing it at 1450? It doesn't make any sense.
2-10-2022 Newshound Guru Kaperoni ...the exchange rate is going to change with the 2022 budget. This is absolutely false there is no change in the exchange rate. The only way the dinar can go up in value is based on the success and growth of Iraq's economy! ...the CBI is telling us they want to raise the exchange rate back to the previous rate. False!! In fact, the Central Bank came out just a two days ago and said there will be no change in the rate!
2-10-2022 Intel Guru MarkZ [via PDK] ...hearing everything from possibly today to possibly the Government issues over in Iraq could delay it to up to 30 days…Sources are hearing it could be either one...I am hoping this is a last minute diversion. Also the CBI could just decide to pull the trigger. The CBI keeps claiming it can. So there is a huge “unknown” right now. With Iraq having made the last payment for war reparations to Kuwait…there is nothing holding the CBI back from raising the rate of the dinar…the CBI has said that they do not need the government sat to do this…they are independent from the Iraqi government... My Iraqi contacts are saying it’s still a good window from now to 30 days away.
2-10-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: Kazimi met with the United Nation leaders today and he talked about Iraq's security situation and how Iraq wants to engage the International world. FRANK: Isn't that beautiful. How can you engage the international world unless you are article VIII? What is the requirement of Article VIII? If they have value in your currency and you have to protect the currency of the foreign counties that come into your country...I've been dreaming of this for a long time.
2-10-2022 Intel Guru Fleming Iraq is open for international business according to the IMF...Obvious indicators of this new focus on international business is that several large Iraq banks are opening offices around the world. AIB, Arab International Bank is also opening branches all throughout Iraq. Surely the People of Iraq are expecting Abundance of all good things to flow. The US is taking backstage in Iraq’s oil refining and distribution, evidenced by India Oil, now the largest producer of oil in Iraq. Iraq has this firmly in hand, knowing what must be done. There ascendance is about to be visible to the World.
2-10-2022 Intel Guru Bruce ...We are in a situation where the bankers - and we know a lot of them – have been issued brand new NDA’s over the last few days and that is one reason everything is so quiet...know that there are things happening behind the scenes... we don’t know exactly “when” this is going to go - but guess what? They don’t want us to know when this is going to go...
2-10-2022 Intel Guru Frank26 Article: "Finance : The Iraqi economy has begun to recover as a result of the reform steps of the White Paper" UNDERSTAND THIS ARTICLE AND YOU UNDERSTAND THE GOVERNOR OF THE CBI BECAUSE THERE’S NO REASON TO UNDERSTAND THE NEGATIVE ARTICLES. Quote: "the Minister touched upon, the most important of which is the policy of changing the exchange rate that guarantees the revival of the Iraqi economy" RI FIRST THEN THE ECONOMIC REFORM!!!
2-10-2022 Newshound Guru Samson Article: "A United Nations body: Iraq has completed the payment of compensation for the invasion of Kuwait, amounting to 52.4 billion dollars" Quote: "with the final payment of compensation that took place on January 13, 2022, all compensation awarded by the committee has now been paid in full.” She added that “the government of Iraq has fulfilled its international obligations to compensate all the claimants who were awarded compensation by the committee for the losses and damages they incurred as a direct result of Iraq’s illegal invasion of Kuwait.”
2-10-2022 Newshound Guru Clare Article: "Setting a date for the dissolution of the Iraqi-Kuwaiti Compensation Committee" Quote: "the United Nations committee charged with overseeing the process of Iraq’s payment of, compensation to Kuwait has completed its mandate after 30 years of its formation and paid $52.4 billion, while the Security Council in New York is scheduled to approve on February 22 the dissolution of the committee."
2-10-2022 Newshound Guru Sandy Ingram Iraq's latest news is all over the news all around the world. Article: "Iraqi lawmakers fail to elect new president amid boycott" On Monday only 58 lawmakers of parliament showed up out of 329 to vote for Iraq's new president. Parliament is the one who decides who the next president will be...no new date was set for the election and parliament cannot elect a prime minister until this issue is resolved...
2-10-2022 Guru Nader From The Mid East Yesterday Al-Kazemi asked the CEO of the CBI why the dinar is low. He said it's because we don't want to affect employees who get paid low...he said at 2/22 it would be at 1450. It doesn't make any sense. Why do that - 1450 instead of 1460? ...I don't think what I read was right...maybe I'm crazy I don't know but it's not very good news if they put it back up 1450...why you changing it at 1450? It doesn't make any sense.
2-10-2022 Newshound Guru Kaperoni ...the exchange rate is going to change with the 2022 budget. This is absolutely false there is no change in the exchange rate. The only way the dinar can go up in value is based on the success and growth of Iraq's economy! ...the CBI is telling us they want to raise the exchange rate back to the previous rate. False!! In fact, the Central Bank came out just a two days ago and said there will be no change in the rate!
2-10-2022 Intel Guru MarkZ [via PDK] ...hearing everything from possibly today to possibly the Government issues over in Iraq could delay it to up to 30 days…Sources are hearing it could be either one...I am hoping this is a last minute diversion. Also the CBI could just decide to pull the trigger. The CBI keeps claiming it can. So there is a huge “unknown” right now. With Iraq having made the last payment for war reparations to Kuwait…there is nothing holding the CBI back from raising the rate of the dinar…the CBI has said that they do not need the government sat to do this…they are independent from the Iraqi government... My Iraqi contacts are saying it’s still a good window from now to 30 days away.
2-10-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: Kazimi met with the United Nation leaders today and he talked about Iraq's security situation and how Iraq wants to engage the International world. FRANK: Isn't that beautiful. How can you engage the international world unless you are article VIII? What is the requirement of Article VIII? If they have value in your currency and you have to protect the currency of the foreign counties that come into your country...I've been dreaming of this for a long time.
2-10-2022 Intel Guru Fleming Iraq is open for international business according to the IMF...Obvious indicators of this new focus on international business is that several large Iraq banks are opening offices around the world. AIB, Arab International Bank is also opening branches all throughout Iraq. Surely the People of Iraq are expecting Abundance of all good things to flow. The US is taking backstage in Iraq’s oil refining and distribution, evidenced by India Oil, now the largest producer of oil in Iraq. Iraq has this firmly in hand, knowing what must be done. There ascendance is about to be visible to the World.
2-10-2022 Intel Guru Bruce ...We are in a situation where the bankers - and we know a lot of them – have been issued brand new NDA’s over the last few days and that is one reason everything is so quiet...know that there are things happening behind the scenes... we don’t know exactly “when” this is going to go - but guess what? They don’t want us to know when this is going to go...
2-9-2022 Intel Guru MarkZ [via PDK] ...There is a lot of news from Iraq...articles from Iraq…Tomorrow is a highly possible scenario...
2-9-2022 Newshound/Intel Guru Mnt Goat Article: "AL-ZAYADI: THE FRAMEWORK IS DETERMINED TO REDUCE THE PRICE OF THE DOLLAR" Quote: "...Muhammad Al-Ziyadi, confirmed...that the coordination framework is determined to reduce the dollar exchange rate in the event that he participates in the political process, pointing out that reducing the price will be one of the conditions for voting on the Prime Minister for the next government." So, we can the parties attempting to “politicize” the revaluation once again but we know that the CBI and Sadr already responded and told us this is under the control of the CBI and is part of the process of the White Paper. These threats will NOT work.
2-9-2022 Intel Guru RayRen98 [QUESTION -DINAR RATE ON CARDS OUTSIDE IRAQ ?] 4.81
2-9-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: This morning TV News Channel One says soon as government names president, which will name the prime minister then the budget will be voted and open and it's likely it's they say that the exchange rate will be changed at that time. FRANK: This is Kazemi and Mustafa talking to the citizens of Iraq . Sit the dog-gone government down...
2-9-2022 Intel Guru Fleming ...Iraq is pushing through the necessary steps to have a fully functioning government on February 9th, as required by their Constitution. This will happen without fail. Also without fail, the UNITED NATIONS will welcome Iraq onto the World Stage, open and ready for investment with global corporations...The world is watching and aware of Iraq’s solid footing and the support the global reckoning provides...
2-9-2022 Newshound Guru Sandy Ingram Article: "Central bank of Egypt governor confirms his desire to visit Iraq and open bank branches" Here is another indication that the Middle East is clearly making efforts to create a financial alliance among the Middle Eastern countries and in doing so investors may be able to exchange Iraqi dinars in safe neighboring countries like Turkey and/or Egypt... Quote: "Egypt governor has confirmed his desire to...open branches of Egyptian Banks in Iraq as well as approve the opening of branches of Iraqi banks in Egypt"
2-9-2022 Intel Guru MarkZ [via PDK] All eyes are on Iraq as we are watching this. I expected more movement from Iraq on the government side. Many were expecting to see a new rate today…So far they do not have one. What I have gotten out of a couple of Iraqi contacts is they expect the decision on president in the next couple days by Friday. The CBI has made a number of press releases in the past few weeks that they do not need the government sat to change the rate, and the power lies solely within the CBI itself.
2-9-2022 Newshound Guru Pimpy Article: "The growth of hard currency reserves in Iraq to more than 64 billion dollars" That little booger needs to continue to grow that's for sure. The more that grows the stronger the currency because this is part of what gives the dinar its value.
2-9-2022 Newshound/Intel Guru Mnt Goat ...In the summer of 2019 the Al-Kazemi government formed the “White Paper” which was published in the fall of 2019 in the midst of serious protests against the corruption...Then citizens presented a list of demands and so far they are following these demands and reforms. One of these demands is the project to delete the zeros and then to reinstate the currency. This is directly stated in the White Paper...It is just a matter of time and I believe this is the time...
2-9-2022 Newshound Guru Samson Article: "The growth of hard currency reserves in Iraq to more than 64 billion dollars" Quote: "Iraq’s reserves of hard currency, which includes the cash currency of the dollar, the euro, sterling and other other foreign currencies, in addition to the gold reserves amounted to more than 64 billion dollars,” noting that “there is a continuous growth in these reserves are hard currency."
2-9-2022 Newshound/Intel Guru Mnt Goat Article: "AL-ZAYADI: THE FRAMEWORK IS DETERMINED TO REDUCE THE PRICE OF THE DOLLAR" Quote: "...Muhammad Al-Ziyadi, confirmed...that the coordination framework is determined to reduce the dollar exchange rate in the event that he participates in the political process, pointing out that reducing the price will be one of the conditions for voting on the Prime Minister for the next government." So, we can the parties attempting to “politicize” the revaluation once again but we know that the CBI and Sadr already responded and told us this is under the control of the CBI and is part of the process of the White Paper. These threats will NOT work.
2-9-2022 Intel Guru RayRen98 [QUESTION -DINAR RATE ON CARDS OUTSIDE IRAQ ?] 4.81
2-9-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: This morning TV News Channel One says soon as government names president, which will name the prime minister then the budget will be voted and open and it's likely it's they say that the exchange rate will be changed at that time. FRANK: This is Kazemi and Mustafa talking to the citizens of Iraq . Sit the dog-gone government down...
2-9-2022 Intel Guru Fleming ...Iraq is pushing through the necessary steps to have a fully functioning government on February 9th, as required by their Constitution. This will happen without fail. Also without fail, the UNITED NATIONS will welcome Iraq onto the World Stage, open and ready for investment with global corporations...The world is watching and aware of Iraq’s solid footing and the support the global reckoning provides...
2-9-2022 Newshound Guru Sandy Ingram Article: "Central bank of Egypt governor confirms his desire to visit Iraq and open bank branches" Here is another indication that the Middle East is clearly making efforts to create a financial alliance among the Middle Eastern countries and in doing so investors may be able to exchange Iraqi dinars in safe neighboring countries like Turkey and/or Egypt... Quote: "Egypt governor has confirmed his desire to...open branches of Egyptian Banks in Iraq as well as approve the opening of branches of Iraqi banks in Egypt"
2-9-2022 Intel Guru MarkZ [via PDK] All eyes are on Iraq as we are watching this. I expected more movement from Iraq on the government side. Many were expecting to see a new rate today…So far they do not have one. What I have gotten out of a couple of Iraqi contacts is they expect the decision on president in the next couple days by Friday. The CBI has made a number of press releases in the past few weeks that they do not need the government sat to change the rate, and the power lies solely within the CBI itself.
2-9-2022 Newshound Guru Pimpy Article: "The growth of hard currency reserves in Iraq to more than 64 billion dollars" That little booger needs to continue to grow that's for sure. The more that grows the stronger the currency because this is part of what gives the dinar its value.
2-9-2022 Newshound/Intel Guru Mnt Goat ...In the summer of 2019 the Al-Kazemi government formed the “White Paper” which was published in the fall of 2019 in the midst of serious protests against the corruption...Then citizens presented a list of demands and so far they are following these demands and reforms. One of these demands is the project to delete the zeros and then to reinstate the currency. This is directly stated in the White Paper...It is just a matter of time and I believe this is the time...
2-9-2022 Newshound Guru Samson Article: "The growth of hard currency reserves in Iraq to more than 64 billion dollars" Quote: "Iraq’s reserves of hard currency, which includes the cash currency of the dollar, the euro, sterling and other other foreign currencies, in addition to the gold reserves amounted to more than 64 billion dollars,” noting that “there is a continuous growth in these reserves are hard currency."
2-8-2022 Intel Guru MarkZ [via PDK] [Tony from TNT is saying no RV until they vote in the new president.] That is not what I am hearing from my contact at the CBI...my contacts over there say the government stuff is a sideshow in Iraq. They say they can raise the rate at any time as they have met all the requirements.
2-8-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: The CBI is telling us that it is their priority to change the exchange rate back to the previous rate. ...if they were going to move back to 1190 they would not be waiting for any seating of the government. They would just go back to the program rate 1190. This alone says something is up...it seems that they are going back to the 'glory days' not to the program rate. FRANK: Mathematically it will not work at 1190 so yeah they're talking about the 'glory days' rates....
2-8-2022 Intel Guru Fleming ...The Dinar’s International (starting) rate will be $3.20 and float up along with the price of a barrel of oil, till it reaches $120.00. At which time we’re told the rate will be maintained at $3.20 US. We understand that Redemption Exchange Centers are all geared up to start Tuesday night. Certainly Wednesday will see some exciting announcements. Are we Ready, Willing and Able? You betcha!
2-8-2022 Guest Guru Godlover Article: "Postponing the election of the President of the Republic after the lack of a quorum" Unfortunately, I am not surprised by this….
2-8-2022 Newshound Guru Sandy Ingram Why do we keep talking about Iraqi oil...? It's because we are hoping the massive oil revenue in U.S. dollars will help Iraq to fix the country's domestic issues and then revalue the currency...
2-8-2022 Newshound Guru Pimpy A lot of times when people are having discussions or debates about what the Iraq exchange rate is going to be one of the things that pops up all the time is 'it's really hard to do a rate of $3 because there has been so many dinars created. It's in the trillions. And because of that you're not going to get the rate that everybody's thinking.' But I went through and read several articles and shown that they've taken a lot of that currency out circulation. How much altogether is more of a guesstimation...we find more news about dinars that were damaged or taken out of circulation...$343 million dollars worth...It's out of circulation. We want that.
2-8-2022 Intel Guru MarkZ [via PDK] [Whats going on with Iraqi elections?] They are back in session for the next 3 days. So any concern they were going to kick the can were needless. They only have so many days to decide on the new president. If they do not choose a new president in this allotted time- the old president will stay in place for the next 4 years. We can quit worrying about all the political games in Iraq…they are still very adamant they will soon have a new rate in place for the new administration. Most likely by tomorrow…so cross your fingers and say your prayers that we are within days of all of this happening.
2-8-2022 Intel Guru Frank26 The governor of the Central Bank of Iraq is in control of the monetary reform doing a wonderful job with all the banks inside and outside of Iraq. The IMF and the World Bank are extremely happy with them. They got no problems. The reserves that back up the new exchange rate and the new currency are astronomical. The float which is going to depend on the prices of oil...is at $93. So everything is on course as far as I'm concerned...if you're impatient there's nothing I can help you with...
2-8-2022 Newshound/Intel Guru Mnt Goat Article: "FINANCE: THE ECONOMY HAS BEGUN TO RECOVER AS A RESULT OF THE REFORM STEPS IN THE WHITE PAPER" Again I will add that the “White Paper” is what is going to get us the RV.
2-8-2022 Intel Guru MarkZ [via PDK] [So they are kicking the can again?] I don’t think they are kicking the can…I think the schedule is set and its playing out. I think it appears to be that way because we do not know the timing.
2-8-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: The CBI is telling us that it is their priority to change the exchange rate back to the previous rate. ...if they were going to move back to 1190 they would not be waiting for any seating of the government. They would just go back to the program rate 1190. This alone says something is up...it seems that they are going back to the 'glory days' not to the program rate. FRANK: Mathematically it will not work at 1190 so yeah they're talking about the 'glory days' rates....
2-8-2022 Intel Guru Fleming ...The Dinar’s International (starting) rate will be $3.20 and float up along with the price of a barrel of oil, till it reaches $120.00. At which time we’re told the rate will be maintained at $3.20 US. We understand that Redemption Exchange Centers are all geared up to start Tuesday night. Certainly Wednesday will see some exciting announcements. Are we Ready, Willing and Able? You betcha!
2-8-2022 Guest Guru Godlover Article: "Postponing the election of the President of the Republic after the lack of a quorum" Unfortunately, I am not surprised by this….
2-8-2022 Newshound Guru Sandy Ingram Why do we keep talking about Iraqi oil...? It's because we are hoping the massive oil revenue in U.S. dollars will help Iraq to fix the country's domestic issues and then revalue the currency...
2-8-2022 Newshound Guru Pimpy A lot of times when people are having discussions or debates about what the Iraq exchange rate is going to be one of the things that pops up all the time is 'it's really hard to do a rate of $3 because there has been so many dinars created. It's in the trillions. And because of that you're not going to get the rate that everybody's thinking.' But I went through and read several articles and shown that they've taken a lot of that currency out circulation. How much altogether is more of a guesstimation...we find more news about dinars that were damaged or taken out of circulation...$343 million dollars worth...It's out of circulation. We want that.
2-8-2022 Intel Guru MarkZ [via PDK] [Whats going on with Iraqi elections?] They are back in session for the next 3 days. So any concern they were going to kick the can were needless. They only have so many days to decide on the new president. If they do not choose a new president in this allotted time- the old president will stay in place for the next 4 years. We can quit worrying about all the political games in Iraq…they are still very adamant they will soon have a new rate in place for the new administration. Most likely by tomorrow…so cross your fingers and say your prayers that we are within days of all of this happening.
2-8-2022 Intel Guru Frank26 The governor of the Central Bank of Iraq is in control of the monetary reform doing a wonderful job with all the banks inside and outside of Iraq. The IMF and the World Bank are extremely happy with them. They got no problems. The reserves that back up the new exchange rate and the new currency are astronomical. The float which is going to depend on the prices of oil...is at $93. So everything is on course as far as I'm concerned...if you're impatient there's nothing I can help you with...
2-8-2022 Newshound/Intel Guru Mnt Goat Article: "FINANCE: THE ECONOMY HAS BEGUN TO RECOVER AS A RESULT OF THE REFORM STEPS IN THE WHITE PAPER" Again I will add that the “White Paper” is what is going to get us the RV.
2-8-2022 Intel Guru MarkZ [via PDK] [So they are kicking the can again?] I don’t think they are kicking the can…I think the schedule is set and its playing out. I think it appears to be that way because we do not know the timing.
2-7-2022 Newshound Guru Clare TAKE NOTE EVERYONE: “Legal expert Ahmed Al-Abadi revealed that if Parliament fails to pass the President of the Republic, the current president will continue his duties normally, until the next elections are held after 4 years” AND PARLIAMENT HAS BEEN VOTED IN AND THEY ARE WORKING…IMO.
2-7-2022 Guest Guru Godlover I believe we will have our answer within the first quarter, good or bad. I expect the government to be seated, budget read, voted on & passed by parliament within the first quarter. The opening of the 2022 budget is the ultimate thing I look for. Whatever it opens at, I believe will be the rate they use for the whole year.
2-7-2022 Intel Guru MarkZ [via PDK] Parliament ended today without electing a president…they did not have a quorum…we were expecting that. I am still hearing this is not a condition for the change of rate and still hearing that rate change is expected by mid week this week according to my Iraqi sources. The CBI is completely separate from the GOI.
2-7-2022 Newshound/Intel Guru RVAlready Article: "Article: The House of Representatives ends its deliberative session and postpones the election of the President of the Republic" [It's official no vote today] I can’t see continuing the caretaker government indefinitely….I think the federal court will step in, if the stalemate continues…Usually, when the legislative branch causes a constitutional crisis, the judiciary steps in to solve the problem.
2-7-2022 Newshound Guru Kaperoni If the dinar is ever going to go up in value (which I expect), it will be based on economic growth and success of Iraq's economy. Iraq has work to do by forming a gov, passing laws, creating a suitable investment environment...Iraq devalued the dinar about a year ago to encourage production in country and to reduce imports. So it's clear until that changes and Iraq starts manufacturing their own goods, products and agriculture there would be no reason to raise the value of the dinar...
2-7-2022 Intel Guru MarkZ [via PDK] On the domestic side this week I am still hearing they are moving forward with the currency part by the 9th or on the 9th. So I am still very hopeful...We are going to have a very, VERY event filled next 3 days…is what I was told. Monday Tuesday and Wednesday. Based on what I am hearing I fully expect over the next 3 days some type of announcements that let us know that we have “gone” or when we are “going”. We are on the precipice watching it play out.
2-7-2022 Newshound Guru Pimpy I heard rumors that you were told that there's a time limit on it. There's no time limit on it. There's no tier one. There's no tier two. There's no special arrangement. You just take the currency in and get it exchanged. Whether it's at the bank or the foreign currency exchange place. There's no redemption centers. There's no 800 number...there's no secret intel people. One person knows when it's gonna happen and one person only and he was mentioned in the article...hang tight and stay grounded.
2-7-2022 Regular Guy Guru Vital Brad I feel like this Iraqi dinar is a scam. I don't think it's ever going to revalue. I don't think it's real. I think it's a made up story that will never actually happen...we can all get caught up in a made up reality...I hope I'm wrong...I've made a decision that I'm selling the rest of my Iraqi dinar. I'm getting out. There's no going back on this...there's just not enough there for me to prove that it's gonna happen.
2-7-2022 Guest Guru Godlover I believe we will have our answer within the first quarter, good or bad. I expect the government to be seated, budget read, voted on & passed by parliament within the first quarter. The opening of the 2022 budget is the ultimate thing I look for. Whatever it opens at, I believe will be the rate they use for the whole year.
2-7-2022 Intel Guru MarkZ [via PDK] Parliament ended today without electing a president…they did not have a quorum…we were expecting that. I am still hearing this is not a condition for the change of rate and still hearing that rate change is expected by mid week this week according to my Iraqi sources. The CBI is completely separate from the GOI.
2-7-2022 Newshound/Intel Guru RVAlready Article: "Article: The House of Representatives ends its deliberative session and postpones the election of the President of the Republic" [It's official no vote today] I can’t see continuing the caretaker government indefinitely….I think the federal court will step in, if the stalemate continues…Usually, when the legislative branch causes a constitutional crisis, the judiciary steps in to solve the problem.
2-7-2022 Newshound Guru Kaperoni If the dinar is ever going to go up in value (which I expect), it will be based on economic growth and success of Iraq's economy. Iraq has work to do by forming a gov, passing laws, creating a suitable investment environment...Iraq devalued the dinar about a year ago to encourage production in country and to reduce imports. So it's clear until that changes and Iraq starts manufacturing their own goods, products and agriculture there would be no reason to raise the value of the dinar...
2-7-2022 Intel Guru MarkZ [via PDK] On the domestic side this week I am still hearing they are moving forward with the currency part by the 9th or on the 9th. So I am still very hopeful...We are going to have a very, VERY event filled next 3 days…is what I was told. Monday Tuesday and Wednesday. Based on what I am hearing I fully expect over the next 3 days some type of announcements that let us know that we have “gone” or when we are “going”. We are on the precipice watching it play out.
2-7-2022 Newshound Guru Pimpy I heard rumors that you were told that there's a time limit on it. There's no time limit on it. There's no tier one. There's no tier two. There's no special arrangement. You just take the currency in and get it exchanged. Whether it's at the bank or the foreign currency exchange place. There's no redemption centers. There's no 800 number...there's no secret intel people. One person knows when it's gonna happen and one person only and he was mentioned in the article...hang tight and stay grounded.
2-7-2022 Regular Guy Guru Vital Brad I feel like this Iraqi dinar is a scam. I don't think it's ever going to revalue. I don't think it's real. I think it's a made up story that will never actually happen...we can all get caught up in a made up reality...I hope I'm wrong...I've made a decision that I'm selling the rest of my Iraqi dinar. I'm getting out. There's no going back on this...there's just not enough there for me to prove that it's gonna happen.
2-6-2022 Newshound Guru Adam Montana [Great stuff, Kurds getting on board. Also: oil is very high in price, so they have lots of cash to RV...] yes sir!!!
2-6-2022 Newshound Guru Samson Article "A deputy directs 4 questions to Al-Kazemi regarding the exchange rate and the financial abundance achieved " Quote "the representative of the World Bank states (we have nothing to do with the decision to raise the price of the dollar, and the decision was purely Iraqi from the Minister of Finance and the Central Bank of Iraq..."
2-6-2022 Newshound Guru Pimpy Article "Central Bank: No change in the dollar exchange rate" that's putting it pretty bluntly...so no change in the rate...As usual I heard people tripping around about the exchange rate...that usually happens around budget time...'They've secretly changed the rate.' What the heck? How's it a secret if they knew about it? Somebody said, 'Oh, we heard that it's gonna be 11 to $1.'... Another rumor I'm hearing right now it that the big notes have been obsolete...there's no information out there about that...there's more rumors about the deletion of the zeros although I haven't seen any articles about it.
2-6-2022 Guest Guru Paulette IMO, the week to watch for any action from the UNSC is 2/22-2/24…then we watch for what the IMF does…as, ultimately, the most important is for the IMF to acknowledge Iraq’s full acceptance of all Article VIII obligations ……hopefully, in the interim, the CBI implements the Delete the Zeros project that has been postponed numerous times...the mechanism of implementation of the Delete the Zeros project will be the “Telltale” to those of us that have studied so long and are holding IQD in expectation of a financial windfall...Exciting Days Ahead!!!!!
2-6-2022 Newshound/Intel Guru Mnt Goat Article: "OIL PRICE”: OIL PRICES ARE EXPECTED TO REACH $ 100 IN THE MIDDLE OF THIS YEAR" And Iraq has what for a rate on their currency, a 1/6 of a penny?
2-6-2022 Newshound Guru Sandy Ingram Article: "Iraqi Parliament Announces 25 Presidential Candidates" Parliament will meet on February 7, 2022. Candidates need to obtain the votes of 2/3 of the parliament members that being 220 votes out of 329 votes to win in the first round of voting...
2-6-2022 Newshound Guru Samson Article "A deputy directs 4 questions to Al-Kazemi regarding the exchange rate and the financial abundance achieved " Quote "the representative of the World Bank states (we have nothing to do with the decision to raise the price of the dollar, and the decision was purely Iraqi from the Minister of Finance and the Central Bank of Iraq..."
2-6-2022 Newshound Guru Pimpy Article "Central Bank: No change in the dollar exchange rate" that's putting it pretty bluntly...so no change in the rate...As usual I heard people tripping around about the exchange rate...that usually happens around budget time...'They've secretly changed the rate.' What the heck? How's it a secret if they knew about it? Somebody said, 'Oh, we heard that it's gonna be 11 to $1.'... Another rumor I'm hearing right now it that the big notes have been obsolete...there's no information out there about that...there's more rumors about the deletion of the zeros although I haven't seen any articles about it.
2-6-2022 Guest Guru Paulette IMO, the week to watch for any action from the UNSC is 2/22-2/24…then we watch for what the IMF does…as, ultimately, the most important is for the IMF to acknowledge Iraq’s full acceptance of all Article VIII obligations ……hopefully, in the interim, the CBI implements the Delete the Zeros project that has been postponed numerous times...the mechanism of implementation of the Delete the Zeros project will be the “Telltale” to those of us that have studied so long and are holding IQD in expectation of a financial windfall...Exciting Days Ahead!!!!!
2-6-2022 Newshound/Intel Guru Mnt Goat Article: "OIL PRICE”: OIL PRICES ARE EXPECTED TO REACH $ 100 IN THE MIDDLE OF THIS YEAR" And Iraq has what for a rate on their currency, a 1/6 of a penny?
2-6-2022 Newshound Guru Sandy Ingram Article: "Iraqi Parliament Announces 25 Presidential Candidates" Parliament will meet on February 7, 2022. Candidates need to obtain the votes of 2/3 of the parliament members that being 220 votes out of 329 votes to win in the first round of voting...
2-5-2022 Intel Guru Fleming Iraq has a Plan...By 2/7/22 Iraq will have all 3 seated presidents. 2/9/22 is the date that the UNITED NATIONS declares Iraq formally international and qualified for global trade. Immediately on or after 2/9/22 Iraq’s international rate will be reestablish, commensurate with former rate, and its present success...The US with the largest Dinar assets in the world, will be given 90 days to exchange dinars. There are no more contract rates available, since the oil contracts are no longer available...Patience is only needed for a few more days. This Watershed Event is about to wash clean all sorrow and heartache...We got this!
2-5-2022 Intel Guru MarkZ [via PDK] ...we expect a fixed rate or contract rate straight out of the gate. This is how my bankers have explained it to me…If you live in Baghdad however, you should wait for it to float higher.
2-5-2022 Newshound Guru Adam Montana ...I believe in what Iraq has in their future, and that's a revalue...I doubt it will be $8, but I'm ok with that if that's what happens! Give me .10 or $1. That's fine by me.
2-5-2022 Intel Guru Frank26 Article: "A deputy directs 4 questions to Al-Kazemi regarding the exchange rate and the financial abundance achieved.. 'Document' ” QUESTIONS TO KAZEMI ABOUT THE MONETARY REFORM… WHY NOW?
2-5-2022 Regular Guy Guru Vital Brad Community comment: "I think it's going to go 1 to 1 then go up from there." What you're referring to is called a float... 1 to 1 rate is very very conservative so IMO very possible...the market will balance it out. The supply and demand concept creates the market so the value will settle.
2-5-2022 Intel Guru MarkZ [via PDK] I am hearing great things this weekend. Redemption folks meetings this morning and they are on call all weekend. They discussed a lot of last minute updates with anything to do with how things are expected to roll out...out of Iraq everyone is talking about it…conversations in this morning news from Iraq about the white papers and the implementation of them as they continue to roll out the rates...All the chatter today is absolutely stunning and good…it looks like we are in the final days of this.
2-5-2022 Newshound Guru Pimpy Article: "Brent crude jumps above $92" This is awesome for Iraq...they have had a huge inflow of money...if they budgeted oil at $55 and it's coming in at $92 they're gonna have a huge surplus...they don't have to pay no more money to Kuwait so now that money stays in pocket. The reserves are built up. This is looking good you guys...they need to get away from relying so much on oil to pay for everything. I think that's one of the biggest hurdles they're having to deal with in order for them to do an exchange rate change...
2-5-2022 Guest Guru Paulette The “UNCC” is meeting on the 9th…It is anticipated that the UNCC will formulate a Resolution in conjunction with reviewing the Final Report regarding Iraqi compensation to Kuwait to be presented to the UNSC…. The presentation and review and hopefully vote on the Resolution if presented is currently scheduled for the 22nd before the UNSC...Additionally, Interim reports regarding the two Chapter VI sanctions will be presented to and reviewed by the UNSC on the 24th….
2-5-2022 Newshound Guru Adam Montana ...There's some great stuff floating around out in the dinar world right now, and I'm pretty excited about it. A LOT of people are fired up about this stuff, actually... and for good reason. This is going to pop eventually. That's a given. But there's also the chance that it could happen quickly... GOOOOO RRRRRVVVVVVV!!!!!!!!
2-5-2022 Intel Guru MarkZ [via PDK] ...we expect a fixed rate or contract rate straight out of the gate. This is how my bankers have explained it to me…If you live in Baghdad however, you should wait for it to float higher.
2-5-2022 Newshound Guru Adam Montana ...I believe in what Iraq has in their future, and that's a revalue...I doubt it will be $8, but I'm ok with that if that's what happens! Give me .10 or $1. That's fine by me.
2-5-2022 Intel Guru Frank26 Article: "A deputy directs 4 questions to Al-Kazemi regarding the exchange rate and the financial abundance achieved.. 'Document' ” QUESTIONS TO KAZEMI ABOUT THE MONETARY REFORM… WHY NOW?
2-5-2022 Regular Guy Guru Vital Brad Community comment: "I think it's going to go 1 to 1 then go up from there." What you're referring to is called a float... 1 to 1 rate is very very conservative so IMO very possible...the market will balance it out. The supply and demand concept creates the market so the value will settle.
2-5-2022 Intel Guru MarkZ [via PDK] I am hearing great things this weekend. Redemption folks meetings this morning and they are on call all weekend. They discussed a lot of last minute updates with anything to do with how things are expected to roll out...out of Iraq everyone is talking about it…conversations in this morning news from Iraq about the white papers and the implementation of them as they continue to roll out the rates...All the chatter today is absolutely stunning and good…it looks like we are in the final days of this.
2-5-2022 Newshound Guru Pimpy Article: "Brent crude jumps above $92" This is awesome for Iraq...they have had a huge inflow of money...if they budgeted oil at $55 and it's coming in at $92 they're gonna have a huge surplus...they don't have to pay no more money to Kuwait so now that money stays in pocket. The reserves are built up. This is looking good you guys...they need to get away from relying so much on oil to pay for everything. I think that's one of the biggest hurdles they're having to deal with in order for them to do an exchange rate change...
2-5-2022 Guest Guru Paulette The “UNCC” is meeting on the 9th…It is anticipated that the UNCC will formulate a Resolution in conjunction with reviewing the Final Report regarding Iraqi compensation to Kuwait to be presented to the UNSC…. The presentation and review and hopefully vote on the Resolution if presented is currently scheduled for the 22nd before the UNSC...Additionally, Interim reports regarding the two Chapter VI sanctions will be presented to and reviewed by the UNSC on the 24th….
2-5-2022 Newshound Guru Adam Montana ...There's some great stuff floating around out in the dinar world right now, and I'm pretty excited about it. A LOT of people are fired up about this stuff, actually... and for good reason. This is going to pop eventually. That's a given. But there's also the chance that it could happen quickly... GOOOOO RRRRRVVVVVVV!!!!!!!!
2-4-2022 Intel Guru MarkZ [via PDK] I am still hearing positive things out of Iraq...From Redemption Centers…my contacts this afternoon said their core leadership …the supervisor/management side of this will be working tomorrow for at least a few hours…and everyone will be on call all weekend just in case. I think that is a positive sign we are close.
2-4-2022 Guest Guru Bob Locke [via PDK] I am hearing from a number of places that everything is ready to go…there were some minor technical issues that have delayed it recently dealing with large amounts…putting huge transactions through new systems…and needed some fine tuning…again I hear it could happen at any time… will it happen this weekend?…we just don’t know.
2-4-2022 Intel Guru Bruce [via WiserNow] ...So is this set up as a weekend event? Maybe – could very well be – remember Iraqis themselves are seeing on big screen TV’s and this was yesterday I got this – that they would have their new government seated and their new rates put out within 72 hours – We know that everything has been done forever and a day – but we also know that we want that rate to be seen not only here but in the Middle East – and I think we’re going to be in great shape – don’t worry about the rates – they are superb... [post 2 of 2]
2-4-2022 Intel Guru Bruce [via WiserNow] ...we did get word that Iraq will...have their government basically seated – their Parliament seated - President and Prime Minister good to go...the announcement of that government is forthcoming in the next few days – I think...with that would be the rate change they would want to be seen on their golden dinar in and throughout Iraq and the Middle East...I have been told by Iraqi that our contacts that they don’t even want the Iraqi’s to know exactly when this is going to happen... [post 1 of 2....stay tuned]
2-4-2022 Newshound Guru Kaperoni the Central Bank of Iraq Governor today came out and said they'll be no change in the exchange rate and that he is in sole control over it. Of course we knew this because it will remain weak until they create a private sector economy.
2-4-2022 Newshound Guru Pimpy Article: "Nechirvan Bargain, Al-Halbousi and Al-Adhari meet with Al-Amiri" Quote: "Sadr stuck to his position calling for the formation of a national majority government stressing this excludes the leader of the State of Law coalition Maliki" It looks like we're going to be able to move forward finally and start forming the government...
2-4-2022 Regular Guy Guru Vital Brad Kuwait - when they revalued their currency they went back up not 1 to 1, they went back up to their previous rate where it got devalued at. So if that's the case then Iraq's dinar would go up to $3.22. But a dollar might be possible. I would take a dollar for sure.
2-4-2022 Intel Guru MarkZ [via PDK] I just got off the phone with Mr. Cottrell [Guru Mike Cottrell] and he is hearing some very good stuff. He is hopeful that this coming week we will be there!... He has not entered the codes yet...he is pretty excited. The news coming out of Iraq has been very steady this week. They are expecting it to happen somewhere around the 8th or 9th or within days thereof for the release of the new rate.
2-4-2022 Newshound/Intel Guru Mnt Goat ...The “silk road” is huge if they decide to go ahead with it, which I believe they will and almost have to...There is still lots of hope that the reinstatement can happen shortly and I would put my money on the decision to accept China’s multi-billion dollar deal to restructure their economy and rebuilt Iraq as the pivot point to the reinstatement. Let us see what happens shortly here after this government is formed. I do not think much will happen until this is at least accomplished... [post 2 of 2]
2-4-2022 Newshound/Intel Guru Mnt Goat ...prior to 1990 they [Iraq] were a rentier oil economy and pumped only 1/3 of the oil... They also did not have the agricultural lands developed and certainly did not have the gold reserves or the high CBI reserves. They also did not have an offer for to join the “silk road” from China and become a major player in the world’s international economy, serving the entire middle east too. However the Iraqi dinar had a rate of around US $3 on FOREX back then... [post 1 of 2....stay tuned]
2-4-2022 Intel Guru RayRen98 Article: "The Federal Court rejects the appeal of the coordination framework regarding the largest parliamentary bloc." [What does this mean to us] IT MEANS THAT SADR CAN NOW MOVE FORWARD WITH HIS PLAN UNINHIBITED.
2-4-2022 Guest Guru Bob Locke [via PDK] I am hearing from a number of places that everything is ready to go…there were some minor technical issues that have delayed it recently dealing with large amounts…putting huge transactions through new systems…and needed some fine tuning…again I hear it could happen at any time… will it happen this weekend?…we just don’t know.
2-4-2022 Intel Guru Bruce [via WiserNow] ...So is this set up as a weekend event? Maybe – could very well be – remember Iraqis themselves are seeing on big screen TV’s and this was yesterday I got this – that they would have their new government seated and their new rates put out within 72 hours – We know that everything has been done forever and a day – but we also know that we want that rate to be seen not only here but in the Middle East – and I think we’re going to be in great shape – don’t worry about the rates – they are superb... [post 2 of 2]
2-4-2022 Intel Guru Bruce [via WiserNow] ...we did get word that Iraq will...have their government basically seated – their Parliament seated - President and Prime Minister good to go...the announcement of that government is forthcoming in the next few days – I think...with that would be the rate change they would want to be seen on their golden dinar in and throughout Iraq and the Middle East...I have been told by Iraqi that our contacts that they don’t even want the Iraqi’s to know exactly when this is going to happen... [post 1 of 2....stay tuned]
2-4-2022 Newshound Guru Kaperoni the Central Bank of Iraq Governor today came out and said they'll be no change in the exchange rate and that he is in sole control over it. Of course we knew this because it will remain weak until they create a private sector economy.
2-4-2022 Newshound Guru Pimpy Article: "Nechirvan Bargain, Al-Halbousi and Al-Adhari meet with Al-Amiri" Quote: "Sadr stuck to his position calling for the formation of a national majority government stressing this excludes the leader of the State of Law coalition Maliki" It looks like we're going to be able to move forward finally and start forming the government...
2-4-2022 Regular Guy Guru Vital Brad Kuwait - when they revalued their currency they went back up not 1 to 1, they went back up to their previous rate where it got devalued at. So if that's the case then Iraq's dinar would go up to $3.22. But a dollar might be possible. I would take a dollar for sure.
2-4-2022 Intel Guru MarkZ [via PDK] I just got off the phone with Mr. Cottrell [Guru Mike Cottrell] and he is hearing some very good stuff. He is hopeful that this coming week we will be there!... He has not entered the codes yet...he is pretty excited. The news coming out of Iraq has been very steady this week. They are expecting it to happen somewhere around the 8th or 9th or within days thereof for the release of the new rate.
2-4-2022 Newshound/Intel Guru Mnt Goat ...The “silk road” is huge if they decide to go ahead with it, which I believe they will and almost have to...There is still lots of hope that the reinstatement can happen shortly and I would put my money on the decision to accept China’s multi-billion dollar deal to restructure their economy and rebuilt Iraq as the pivot point to the reinstatement. Let us see what happens shortly here after this government is formed. I do not think much will happen until this is at least accomplished... [post 2 of 2]
2-4-2022 Newshound/Intel Guru Mnt Goat ...prior to 1990 they [Iraq] were a rentier oil economy and pumped only 1/3 of the oil... They also did not have the agricultural lands developed and certainly did not have the gold reserves or the high CBI reserves. They also did not have an offer for to join the “silk road” from China and become a major player in the world’s international economy, serving the entire middle east too. However the Iraqi dinar had a rate of around US $3 on FOREX back then... [post 1 of 2....stay tuned]
2-4-2022 Intel Guru RayRen98 Article: "The Federal Court rejects the appeal of the coordination framework regarding the largest parliamentary bloc." [What does this mean to us] IT MEANS THAT SADR CAN NOW MOVE FORWARD WITH HIS PLAN UNINHIBITED.
2-3-2022 Intel Guru MarkZ [via PDK] I had a couple conversation with contacts in Iraq throughout the day today . Article out today of the CBI saying “No change in the dollar exchange rate-the CBI affirms”. Keep in mind the same type of article came out in Kuwait the same day they changed the value of their currency…The day they changed the rates in Kuwait…they said they are not going to change the rate and a couple hours later….they changed it. Looks like Iraq may take a page out of Kuwait’s play book.
2-3-2022 Intel Guru Frank26 The line item in this budget IMO has a new exchange rate and that's why they need the laws to pass it. If it was not a new exchange rate they wouldn't be passing the laws to open it.
2-3-2022 Newshound/Intel Guru Mnt Goat Articles: "AL-ZAMILI: WE SEEK TO LEGISLATE A LAW GRANTING A PERCENTAGE OF OIL IMPORTS TO CITIZENS"; "A DEPUTY PROPOSES DISTRIBUTING THE DOLLAR PRICE DIFFERENCE FUNDS TO THE IRAQIS" Two articles on this topic this period of excess oil revenue sharing to the people. Are they really going to do this? ...they can not do this under the program rate. This would be suicide if they did. They must go international and trade the dinar to implement this proposal.
2-3-2022 Newshound Guru Pimpy You're going to see the presidents being voted in. Once they do that, what are we waiting for? The prime minister and once he's voted in it's on like Donkey Kong. All you have to do is put in a cabinet members and their government will be installed and it's time to put these people into action...
2-3-2022 Intel Guru MarkZ [via PDK] They [sources] have gone under NDA. It is a very good thing that they are not sharing much right now. Things are very quiet. My Iraqi contacts still believe it could be anywhere from today to the 9th for their change of value on the dinar.
2-3-2022 Regular Guy Guru Vital Brad Question: "I heard during redemption you might have to sign an NDA. Why? What is an NDA?" An NDA is a non-disclosure agreement...there are particular groups that feel you're gonna need to sign an NDA..I personally don't see any reason why you'd need to sign an NDA...
2-3-2022 Newshound Guru Sandy Ingram Unbelievable income from oil exports in the first month of this year January 2022. Article: "Ministry of oil: Last month's revenues amounted to more than $8 billion" At the beginning of the week crude oil reached $91.20 cents per barrel...world economists are saying oil will reach $100 a barrel in the coming days...
2-3-2022 Newshound/Intel Guru Mnt Goat ...As far as Iraq and the reinstatement, we just need to realize that the Central Bank is going to move to conduct the project to delete the zeros and then to reinstate the dinar soon... If Iraq is to accomplish this economic growth and international trade status, they must reinstate the dinar on FOREX.
2-3-2022 Intel Guru MarkZ [via PDK] [ I am hoping all the currencies go at the same time, but, on the off chance the dinar goes first…what would be the exchange procedure?] If the dinar goes first the exchange process would most likely be very different. It would come out at a lower rate (Maybe a buck or a buck and a half) and be allowed to float. There would not be redemption centers and we would end up just going to a bank. We would most likely be able to do some negotiating and may need to wait until rates rise. I am certain some bank somewhere would reach out to our community and want to give us “red carpet” service because they would want our business. If this would happen I would probably wait until the rate got above $3-$3.50 and pull the trigger and exchange all my dinar... [NOTE: Consult your financial advisors to create an exchange strategy that's works best for your unique circumstances and goals.]
2-3-2022 Intel Guru Frank26 The line item in this budget IMO has a new exchange rate and that's why they need the laws to pass it. If it was not a new exchange rate they wouldn't be passing the laws to open it.
2-3-2022 Newshound/Intel Guru Mnt Goat Articles: "AL-ZAMILI: WE SEEK TO LEGISLATE A LAW GRANTING A PERCENTAGE OF OIL IMPORTS TO CITIZENS"; "A DEPUTY PROPOSES DISTRIBUTING THE DOLLAR PRICE DIFFERENCE FUNDS TO THE IRAQIS" Two articles on this topic this period of excess oil revenue sharing to the people. Are they really going to do this? ...they can not do this under the program rate. This would be suicide if they did. They must go international and trade the dinar to implement this proposal.
2-3-2022 Newshound Guru Pimpy You're going to see the presidents being voted in. Once they do that, what are we waiting for? The prime minister and once he's voted in it's on like Donkey Kong. All you have to do is put in a cabinet members and their government will be installed and it's time to put these people into action...
2-3-2022 Intel Guru MarkZ [via PDK] They [sources] have gone under NDA. It is a very good thing that they are not sharing much right now. Things are very quiet. My Iraqi contacts still believe it could be anywhere from today to the 9th for their change of value on the dinar.
2-3-2022 Regular Guy Guru Vital Brad Question: "I heard during redemption you might have to sign an NDA. Why? What is an NDA?" An NDA is a non-disclosure agreement...there are particular groups that feel you're gonna need to sign an NDA..I personally don't see any reason why you'd need to sign an NDA...
2-3-2022 Newshound Guru Sandy Ingram Unbelievable income from oil exports in the first month of this year January 2022. Article: "Ministry of oil: Last month's revenues amounted to more than $8 billion" At the beginning of the week crude oil reached $91.20 cents per barrel...world economists are saying oil will reach $100 a barrel in the coming days...
2-3-2022 Newshound/Intel Guru Mnt Goat ...As far as Iraq and the reinstatement, we just need to realize that the Central Bank is going to move to conduct the project to delete the zeros and then to reinstate the dinar soon... If Iraq is to accomplish this economic growth and international trade status, they must reinstate the dinar on FOREX.
2-3-2022 Intel Guru MarkZ [via PDK] [ I am hoping all the currencies go at the same time, but, on the off chance the dinar goes first…what would be the exchange procedure?] If the dinar goes first the exchange process would most likely be very different. It would come out at a lower rate (Maybe a buck or a buck and a half) and be allowed to float. There would not be redemption centers and we would end up just going to a bank. We would most likely be able to do some negotiating and may need to wait until rates rise. I am certain some bank somewhere would reach out to our community and want to give us “red carpet” service because they would want our business. If this would happen I would probably wait until the rate got above $3-$3.50 and pull the trigger and exchange all my dinar... [NOTE: Consult your financial advisors to create an exchange strategy that's works best for your unique circumstances and goals.]
2-2-2022 Intel Guru Bruce [via WiserNow] I believe Iraq is ready – I believe their Parliament is seated – I believe they do have their President and their leadership in check totally ready to go – just going to have to see how that manifests – We know that...Iraq sent the money up to Kurdistan and took care of their back pay and everything’s going well with that and I think we’re looking good...We were looking for a new rate to come out this past Sunday for Iraq – and I think now it could be any day...could be tomorrow – the next day and Iraq would have their dinar at a true international rate...
2-2-2022 Regular Guy Guru Vital Brad Community comment "Iraq is a sovereign country. No one is going to tell them when to revalue their currency." The Finance Minister FMU has the ability to decide the rate of their currency. The IMF was the one that decommissioned their currency. They're the ones that removed them from the world market. They have that power to bring them back on. Iraq needs to meet qualifications that have been in the works. If they can seat their government the Finance Minister would have that ability to set a rate based on...oil reserves and assets...
2-2-2022 Newshound Guru Kaperoni Iraq will not be randomly changing the exchange rate back to some rate pre-war. Only with the success of Iraq's private sector economy can the dinar go up in value. It's not arbitrary or random and the dinar is not a lottery ticket.
2-2-2022 Guru Nader From The Mid East If they do that [put it back to 'previous' 1160] it will be at like $3.00 in a month...if they put it back on Forex. Because right now you cannot exchange it on Forex. You cannot buy it at the banks. You cannot do anything with it in the United States. There's only one or two banks accepting it and it's very small banks...If they put it on the Forex I think we'll reach $3.00 in a month but for now it's not on the Forex and it's not in the banks it's toilet paper like you guys say...for now we wait. We wait. We wait...
2-2-2022 Intel Guru MarkZ [via PDK] My Iraqi contacts are looking for it starting tomorrow (Thursday) for a change in value. That is the chatter going on over there in the streets. Everyone is still talking about this change. They think there is a window anywhere between the 3rd and the 9th right now to return to the old rate…meaning pre-war rate…which was $3 and something …the people there will be very upset with less then at least $1-$1.50 or more and then allowed to float. …but, the chatter from 3 contacts is they expect it to go back to at least over $3…. I am still hearing we will get more than that because of the “oil for dinar” deal.
2-2-2022 Newshound Guru Pimpy I'm starting to almost change my opinion on where the rate change might happen. Not an RI or an RV...but you might see a little bit better than...1190 dinars. I believe the lower value that we've seen in the past takes it down to 1050 dinars for every dollar which would be a pretty good little drop...I know people are jumping up and down going 'no we want an RI or RV Pimpy!'...Like I said you're not going to get an RI or RV until they do something about not having to rely on oil as much as they do...I think you're going to see the dinar increase in value but I think you're going to see it somewhere between 1190 dinars and...1050 dinars...the lower the better.
2-2-2022 Intel Guru Holly ...We are in the end game of this war. There is a major war behind the scenes and until it is safe, the blessing will not be released. I had a phone call yesterday with the best news I have heard in a long time. We have heard so much good news in the past and then nothing happens. So I will wait patiently to see if we finally have crossed the threshold...
2-2-2022 Newshound/Intel Guru RVAlready Article: "The Framework Announces The Move Towards Collecting Parliamentary Signatures To Change The Dollar Exchange Rate" Remember, this is just grandstanding. A few things to think on: Parliament does not set rates. CBI does. It does not matter to us what the dinar rate is in Iraq. The US rate will be set in accordance with treaty and 50 year oil future projections. The CBI asserted its right as the sole authority in setting rates just a few weeks ago...
2-2-2022 Regular Guy Guru Vital Brad Community comment "Iraq is a sovereign country. No one is going to tell them when to revalue their currency." The Finance Minister FMU has the ability to decide the rate of their currency. The IMF was the one that decommissioned their currency. They're the ones that removed them from the world market. They have that power to bring them back on. Iraq needs to meet qualifications that have been in the works. If they can seat their government the Finance Minister would have that ability to set a rate based on...oil reserves and assets...
2-2-2022 Newshound Guru Kaperoni Iraq will not be randomly changing the exchange rate back to some rate pre-war. Only with the success of Iraq's private sector economy can the dinar go up in value. It's not arbitrary or random and the dinar is not a lottery ticket.
2-2-2022 Guru Nader From The Mid East If they do that [put it back to 'previous' 1160] it will be at like $3.00 in a month...if they put it back on Forex. Because right now you cannot exchange it on Forex. You cannot buy it at the banks. You cannot do anything with it in the United States. There's only one or two banks accepting it and it's very small banks...If they put it on the Forex I think we'll reach $3.00 in a month but for now it's not on the Forex and it's not in the banks it's toilet paper like you guys say...for now we wait. We wait. We wait...
2-2-2022 Intel Guru MarkZ [via PDK] My Iraqi contacts are looking for it starting tomorrow (Thursday) for a change in value. That is the chatter going on over there in the streets. Everyone is still talking about this change. They think there is a window anywhere between the 3rd and the 9th right now to return to the old rate…meaning pre-war rate…which was $3 and something …the people there will be very upset with less then at least $1-$1.50 or more and then allowed to float. …but, the chatter from 3 contacts is they expect it to go back to at least over $3…. I am still hearing we will get more than that because of the “oil for dinar” deal.
2-2-2022 Newshound Guru Pimpy I'm starting to almost change my opinion on where the rate change might happen. Not an RI or an RV...but you might see a little bit better than...1190 dinars. I believe the lower value that we've seen in the past takes it down to 1050 dinars for every dollar which would be a pretty good little drop...I know people are jumping up and down going 'no we want an RI or RV Pimpy!'...Like I said you're not going to get an RI or RV until they do something about not having to rely on oil as much as they do...I think you're going to see the dinar increase in value but I think you're going to see it somewhere between 1190 dinars and...1050 dinars...the lower the better.
2-2-2022 Intel Guru Holly ...We are in the end game of this war. There is a major war behind the scenes and until it is safe, the blessing will not be released. I had a phone call yesterday with the best news I have heard in a long time. We have heard so much good news in the past and then nothing happens. So I will wait patiently to see if we finally have crossed the threshold...
2-2-2022 Newshound/Intel Guru RVAlready Article: "The Framework Announces The Move Towards Collecting Parliamentary Signatures To Change The Dollar Exchange Rate" Remember, this is just grandstanding. A few things to think on: Parliament does not set rates. CBI does. It does not matter to us what the dinar rate is in Iraq. The US rate will be set in accordance with treaty and 50 year oil future projections. The CBI asserted its right as the sole authority in setting rates just a few weeks ago...
2-1-2022 Newshound Guru Clare BECAUSE THE NSCN’S (New Small Currency Notes) ARE MAINLY FOR THEIR PEOPLE- THEY WILL BE EXPOSED WHEN THE RATE CHANGES OR AS FRANK [Guru Frank26] THINKS RIGHT BEFORE...THE PRIVATE BANK EDUCATION IS DONE…WE LITERALLY ARE JUST WAITING FOR THIS TO “POP” … THEY WILL NOT EXPOSE THE NSCN’s WITHOUT AN IMMINENT RATE CHANGE- THINK ABOUT IT WHY WOULD THEY? THEY CAN’T BE USED WITHOUT A NEW RATE…
2-1-2022 Newshound Guru Kaperoni Iraqi media again today posted an article about new government returning the exchange rate to what it was 13 month ago (not a RV as the guru's say). Unlikely to happen because the central bank is responsible for monetary policy.
2-1-2022 Intel Guru MarkZ [via PDK] On the Iraqi side they plan on having their government finished around the 7th of Feb. And the new Prime Minister by the 9th. But all my Iraq contacts state this is not a requirement for a new rate and it could go before then. The new rate was not released today as they had expected…
2-1-2022 Regular Guy Guru Vital Brad Community comment "I heard they want to change the rate before they release the budget." If we can see the rate in the budget - that's a big thing that I look for each year when that budget comes out is you can look and see what the rate is so if this thing is going through we'll be able to see it reflect in the budget.
2-1-2022 Newshound Guru Pimpy ...in addition to that the price of oil keeps going up. Meaning there's going to be a lot more revenue coming into Iraq than before. Does that mean they could change the rate to something outrageous like a total RV or RI? ...Not yet...[But] I'm starting to think these increments might be a little higher...with as much money as they were putting in every month to pay Kuwait and as high as oil costs are going they're getting a nice little chunk of money coming right back to them... [Post 2 of 2]
2-1-2022 Newshound Guru Pimpy I think if they do change the rate it's going back to where it was before. Right now you can get 1450 dinars for every 1 dollar and before they devalued it you used to get 1190 dinars for every dollar. I think what they're gonna do is...put it back to the original rate. Now there is a couple of things that have crossed my mind that makes me go maybe they might value the dinar a little bit more than that - Iraq is no longer paying Kuwait money. All that money now stays within Iraq... [Post 1 of 2....stay tuned]
2-1-2022 Intel Frank26 Article: "Coordination framework: Our next priority is to return the exchange rate to its previous era" Priority - exchange rate first! Quote: '...the coordination framework is moving towards returning the dollar exchange rate to its previous rate, noting that the survival of the exchange rate is a crime against the poor.'
2-1-2022 Newshound Guru Sandy Ingram These are speculation numbers to help you understand Iraq's vast wealth potential...The total value of the Iraqi potential oil reserves at an average profit of $75 per barrel over the next 100 years is 360 billion [barrels] x $75 = $27 trillion US dollars or $900,000 per capita...
2-1-2022 Newshound Guru MilitiaMan Article: "I talked about the stage of “reaping the fruits” .. Chairman of the Investment Authority: We have prepared 70 projects for the state" The next stage is not going to be at a program rate. The economy will not stand on oil sales alone. Again the automation of the ports and borders will bring in massive revenues!! Just as the religious tourism, the Liquid natural gas sales, other natural resources, etc., etc.. imo Apply the REER (Real Effective Exchange Rate) and let her sails to the wind!! imo.
2-1-2022 Newshound/Intel Guru Mnt Goat Articles: "ECONOMIST: IRAQ MAY GET HALF A TRILLION DOLLARS ANNUALLY IF IT IS LINKED TO THE SILK ROAD"; "THE SILK ROAD ON THE {MORNING} TABLE PENETRATES 70 COUNTRIES AND REVIVES IRAQ’S ROLE IN INTERNATIONAL TRADE" Did I not say already many times the objective of using Iraq is for a global trade clearing house for the middle east? Well here it is... Can you imagine the revenues? Not only oil revenue but revenue from customs and tariffs and now tax revenues from companies and individuals and then the hotel and tourism. Oh…but wait Iraq still has a 1/6 of a penny dinar... : )
2-1-2022 Newshound Guru Kaperoni Iraqi media again today posted an article about new government returning the exchange rate to what it was 13 month ago (not a RV as the guru's say). Unlikely to happen because the central bank is responsible for monetary policy.
2-1-2022 Intel Guru MarkZ [via PDK] On the Iraqi side they plan on having their government finished around the 7th of Feb. And the new Prime Minister by the 9th. But all my Iraq contacts state this is not a requirement for a new rate and it could go before then. The new rate was not released today as they had expected…
2-1-2022 Regular Guy Guru Vital Brad Community comment "I heard they want to change the rate before they release the budget." If we can see the rate in the budget - that's a big thing that I look for each year when that budget comes out is you can look and see what the rate is so if this thing is going through we'll be able to see it reflect in the budget.
2-1-2022 Newshound Guru Pimpy ...in addition to that the price of oil keeps going up. Meaning there's going to be a lot more revenue coming into Iraq than before. Does that mean they could change the rate to something outrageous like a total RV or RI? ...Not yet...[But] I'm starting to think these increments might be a little higher...with as much money as they were putting in every month to pay Kuwait and as high as oil costs are going they're getting a nice little chunk of money coming right back to them... [Post 2 of 2]
2-1-2022 Newshound Guru Pimpy I think if they do change the rate it's going back to where it was before. Right now you can get 1450 dinars for every 1 dollar and before they devalued it you used to get 1190 dinars for every dollar. I think what they're gonna do is...put it back to the original rate. Now there is a couple of things that have crossed my mind that makes me go maybe they might value the dinar a little bit more than that - Iraq is no longer paying Kuwait money. All that money now stays within Iraq... [Post 1 of 2....stay tuned]
2-1-2022 Intel Frank26 Article: "Coordination framework: Our next priority is to return the exchange rate to its previous era" Priority - exchange rate first! Quote: '...the coordination framework is moving towards returning the dollar exchange rate to its previous rate, noting that the survival of the exchange rate is a crime against the poor.'
2-1-2022 Newshound Guru Sandy Ingram These are speculation numbers to help you understand Iraq's vast wealth potential...The total value of the Iraqi potential oil reserves at an average profit of $75 per barrel over the next 100 years is 360 billion [barrels] x $75 = $27 trillion US dollars or $900,000 per capita...
2-1-2022 Newshound Guru MilitiaMan Article: "I talked about the stage of “reaping the fruits” .. Chairman of the Investment Authority: We have prepared 70 projects for the state" The next stage is not going to be at a program rate. The economy will not stand on oil sales alone. Again the automation of the ports and borders will bring in massive revenues!! Just as the religious tourism, the Liquid natural gas sales, other natural resources, etc., etc.. imo Apply the REER (Real Effective Exchange Rate) and let her sails to the wind!! imo.
2-1-2022 Newshound/Intel Guru Mnt Goat Articles: "ECONOMIST: IRAQ MAY GET HALF A TRILLION DOLLARS ANNUALLY IF IT IS LINKED TO THE SILK ROAD"; "THE SILK ROAD ON THE {MORNING} TABLE PENETRATES 70 COUNTRIES AND REVIVES IRAQ’S ROLE IN INTERNATIONAL TRADE" Did I not say already many times the objective of using Iraq is for a global trade clearing house for the middle east? Well here it is... Can you imagine the revenues? Not only oil revenue but revenue from customs and tariffs and now tax revenues from companies and individuals and then the hotel and tourism. Oh…but wait Iraq still has a 1/6 of a penny dinar... : )
1-31-2022 Intel Guru MarkZ [via PDK] My last update from Iraq said they were looking for a new rate on Tuesday…lets see if they get it done by morning….
1-31-2022 Intel Guru Frank26 there is a lot of talk out there...people saying 'look at the article...they're saying that they're going to go back to the exchange rate...to what it was...1190 or something like that.' No...they don't know what they're talking about. They even tell you that the rate against the dollar of the exchange rate has to decrease. Remember the smaller the number - it gets them to 1 to 1. It's well explained. You've got people that don't know what they're talking about and it causes confusion.
1-31-2022 Newshound/Intel Guru Walkingstick [via Frank26] The new small category notes will come out first and then the new exchange rate or simultaneously...in 2022 they're going to raise the exchange rate by getting rid of the American dollar...they're going to float it...
1-31-2022 Newshound Guru Pimpy Article: "A deputy reveals a set of options regarding the 2022 budget, including the price of the dollar" Here's the talk of the town. Everybody's talking about a rate change...I still think what's going to happen is you're going to see the dinar go up in value but it's going to happen in increments and it's going to happen over a period of time.
1-31-2022 Regular Guy Guru Vital Brad Community comment "No such thing as redemption centers..." I've heard different things on this. There's so much opinions out there but when this thing goes International and banks are trading you're going to be able to go down to a currency bank, Forex dealer and get the IQD traded in, purchase it if they have it on hand, it's going to be a tradable currency.
1-31-2022 Intel Guru MarkZ [via PDK] [Are they kicking the can this week?] I don’t think they are kicking the can…we are going to find out in the next 24 hours imo…whether we can squarely say this is our week or not…My contacts in Iraq are thinking tomorrow Tuesday for Iraq to unpeg or change value on the dinar…
1-31-2022 Guru Nader From The Mid East Here's the good news. From here till next week the rate will go up. I don't know if they're going to RV it or RI it. Or I have no idea if they're going to the 'previous' it. The previous is 1160 but I think they're going to put it at 1150. I hope they RV it...I know something is going to happen this week or by next week. I know for sure yes...they keep saying they're going to do, they're going to do it, they're going to do it but we don't know when they're going to do it.
1-31-2022 Intel Guru Holly ...Intel is sparse and many are gagged. We are told to be quiet. What I do hear is positive. Though there are many different scenarios as to how this going to happen. I will say it is crazy at the end...
1-31-2022 Newshound/Intel Guru Mnt Goat Article: "A GOVERNMENT MOVE TO FORM A SOVEREIGN FUND IN IRAQ THAT WAS SUPPOSED TO WORK 18 YEARS AGO" This is all part of the financial stability we are now seeing develop in Iraq. They need stability and security…remember? Could the elite finally have had their share of raping the wealth out of Iraq and are now backing off? Why are so many issues now being addressed that have not been addressed since 2003?...This is not business as usual.
1-31-2022 Intel Guru Frank26 there is a lot of talk out there...people saying 'look at the article...they're saying that they're going to go back to the exchange rate...to what it was...1190 or something like that.' No...they don't know what they're talking about. They even tell you that the rate against the dollar of the exchange rate has to decrease. Remember the smaller the number - it gets them to 1 to 1. It's well explained. You've got people that don't know what they're talking about and it causes confusion.
1-31-2022 Newshound/Intel Guru Walkingstick [via Frank26] The new small category notes will come out first and then the new exchange rate or simultaneously...in 2022 they're going to raise the exchange rate by getting rid of the American dollar...they're going to float it...
1-31-2022 Newshound Guru Pimpy Article: "A deputy reveals a set of options regarding the 2022 budget, including the price of the dollar" Here's the talk of the town. Everybody's talking about a rate change...I still think what's going to happen is you're going to see the dinar go up in value but it's going to happen in increments and it's going to happen over a period of time.
1-31-2022 Regular Guy Guru Vital Brad Community comment "No such thing as redemption centers..." I've heard different things on this. There's so much opinions out there but when this thing goes International and banks are trading you're going to be able to go down to a currency bank, Forex dealer and get the IQD traded in, purchase it if they have it on hand, it's going to be a tradable currency.
1-31-2022 Intel Guru MarkZ [via PDK] [Are they kicking the can this week?] I don’t think they are kicking the can…we are going to find out in the next 24 hours imo…whether we can squarely say this is our week or not…My contacts in Iraq are thinking tomorrow Tuesday for Iraq to unpeg or change value on the dinar…
1-31-2022 Guru Nader From The Mid East Here's the good news. From here till next week the rate will go up. I don't know if they're going to RV it or RI it. Or I have no idea if they're going to the 'previous' it. The previous is 1160 but I think they're going to put it at 1150. I hope they RV it...I know something is going to happen this week or by next week. I know for sure yes...they keep saying they're going to do, they're going to do it, they're going to do it but we don't know when they're going to do it.
1-31-2022 Intel Guru Holly ...Intel is sparse and many are gagged. We are told to be quiet. What I do hear is positive. Though there are many different scenarios as to how this going to happen. I will say it is crazy at the end...
1-31-2022 Newshound/Intel Guru Mnt Goat Article: "A GOVERNMENT MOVE TO FORM A SOVEREIGN FUND IN IRAQ THAT WAS SUPPOSED TO WORK 18 YEARS AGO" This is all part of the financial stability we are now seeing develop in Iraq. They need stability and security…remember? Could the elite finally have had their share of raping the wealth out of Iraq and are now backing off? Why are so many issues now being addressed that have not been addressed since 2003?...This is not business as usual.
1-30-2022 Regular Guy Guru Vital Brad Community comment "February for sure." There's a lot of people say in February. It's gonna depend if Iraq has their government seated or not. Based on how it's looking I think they're gonna get done quicker and it could be possible. Hopeful ...I could definitely benefit from a February RV.
1-30-2022 Newshound Guru Sandy Ingram "Iraq's President Barham Salih nominated by ruling Kurdish party to run for second term" We do not yet know the fate of the prime minister position.
1-30-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: International Development Bank under the Umbrella of the Central Bank of Iraq opened a branch in Dubai...this move is shown to us it is going to help strengthen the Iraq economy. This is acting as a private bank under the umbrella of the CBI... FRANK: ...The same with many banks around the world. They're all excited about the CBI satellite banks in their country because they know a change to the IQD exchange rate is coming...if you recall I told you about all the private banks and where they're located in the United States.
1-30-2022 Newshound Guru Kaperoni ...[dinar theory - Former CBI] Governor Shabibi wanted to reinstate the dinar. Not true, he was planning to float it.
1-30-2022 Intel Guru Holly ...All I have heard is great news! Things should be showing up soon. Never, ever give up!
1-30-2022 Newshound Guru BobTheTaxMan We have found out because I happen to have a contact in Warka that verified the information that we thought was true that they have been pretty much shutting everything down and the CBI is taking it over and cleaning it up. Warka is going to come back out as Warka and is going to be in a position to do more than it has in the past...
1-30-2022 Regular Guy Guru Vital Brad ...IMO be prepared because I think the system, our currency as a whole is going to go through a crash...and these undervalued currencies like the Iraqi dinar is going to be a currency that benefits from this new system...we're going through big changes. [NOTE: Always consult your financial advisor to build financial plans that are best for your unique circumstances.] [Post 2 of 2]
1-30-2022 Regular Guy Guru Vital Brad We're going to see a lot of changes happening. We're going to see things tightening down. More government oversight. But the good news is people that have prepared, people that do hold some Iraqi dinar IMO and some other currencies...the rates...are going to be a lot higher than they are right now. It's a buy low sell high...It's what they call generational wealth where our kids' kids kids benefit from this wealth exchange... [Post 1 of 2....stay tuned]
1-30-2022 Newshound Guru MilitiaMan Article: "Iraqi ports confirm that no port in neighboring countries has any impact on Al-Faw" The automation of the port is going to be a money machine! Likely the next Dubai in context of bigger. Once they go international with their REER (Real Effective Exchange Rate) , the amount of money will likely compete with the oil revenues...Iraq will have a sovereign wealth fund that will be massive in the future. They’ll be able to support their exchange rate easily.. It will be GLORIOUS.. Like the good ole days...
1-30-2022 Newshound Guru Sandy Ingram "Iraq's President Barham Salih nominated by ruling Kurdish party to run for second term" We do not yet know the fate of the prime minister position.
1-30-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: International Development Bank under the Umbrella of the Central Bank of Iraq opened a branch in Dubai...this move is shown to us it is going to help strengthen the Iraq economy. This is acting as a private bank under the umbrella of the CBI... FRANK: ...The same with many banks around the world. They're all excited about the CBI satellite banks in their country because they know a change to the IQD exchange rate is coming...if you recall I told you about all the private banks and where they're located in the United States.
1-30-2022 Newshound Guru Kaperoni ...[dinar theory - Former CBI] Governor Shabibi wanted to reinstate the dinar. Not true, he was planning to float it.
1-30-2022 Intel Guru Holly ...All I have heard is great news! Things should be showing up soon. Never, ever give up!
1-30-2022 Newshound Guru BobTheTaxMan We have found out because I happen to have a contact in Warka that verified the information that we thought was true that they have been pretty much shutting everything down and the CBI is taking it over and cleaning it up. Warka is going to come back out as Warka and is going to be in a position to do more than it has in the past...
1-30-2022 Regular Guy Guru Vital Brad ...IMO be prepared because I think the system, our currency as a whole is going to go through a crash...and these undervalued currencies like the Iraqi dinar is going to be a currency that benefits from this new system...we're going through big changes. [NOTE: Always consult your financial advisor to build financial plans that are best for your unique circumstances.] [Post 2 of 2]
1-30-2022 Regular Guy Guru Vital Brad We're going to see a lot of changes happening. We're going to see things tightening down. More government oversight. But the good news is people that have prepared, people that do hold some Iraqi dinar IMO and some other currencies...the rates...are going to be a lot higher than they are right now. It's a buy low sell high...It's what they call generational wealth where our kids' kids kids benefit from this wealth exchange... [Post 1 of 2....stay tuned]
1-30-2022 Newshound Guru MilitiaMan Article: "Iraqi ports confirm that no port in neighboring countries has any impact on Al-Faw" The automation of the port is going to be a money machine! Likely the next Dubai in context of bigger. Once they go international with their REER (Real Effective Exchange Rate) , the amount of money will likely compete with the oil revenues...Iraq will have a sovereign wealth fund that will be massive in the future. They’ll be able to support their exchange rate easily.. It will be GLORIOUS.. Like the good ole days...
1-29-2022 Intel Guru MarkZ [via PDK] [What were the dinar rates before the program rate? Many articles say they are going back to the old rate…] Yes…they have been unclear what old rate they are referring too… but, many Iraqis are expecting that new rate on Tuesday…
1-29-2022 Regular Guy Guru Vital Brad We've got a couple people in Iraq ...sharing their point of view...they're talking about the changing the rate of their currency. Some people are saying 'Oh, they're just referring to going back to the 1190 rate.' IMO unless they pull the trigger quickly it will give people that aren't aware of this time to jump in and really load up.
1-29-2022 Newshound Guru Kaperoni If Iraq floats the currency they can gradually reduce the money supply over time and allow the dinar to gradually appreciate based on the success of the economy. That is the only way that dinar can go up in value.
1-29-2022 Intel Guru Holly ...The news is great and all is on track. Remain positive...I wish I could say more, I can not...
1-29-2022 Newshound/Intel Guru Mnt Goat So much very good news today to tell. I can hardly hold back my jubilation of what is shortly to come...once the button is pushed the actions necessary to bring Iraq to a financial power house will be in motion. Right now, we await the announcement for the second session of the new parliament which will nominate and vote on the new president in the same session. Then the new president, after taking oath, will nominate the new prime minister. ...NOTHING will stop it. I totally believe, from what I am hearing, that the CBI will trigger the project to delete the zeros somewhere in this process soon and we can expect to see the reinstatement shortly there afterwards...I am expecting to see it sometime in February. I do not think we will get out of February without the reinstatement of the IQD back on FOREX.
1-29-2022 Intel Guru MarkZ [via PDK] People are still in place…been a quiet night overnight...Things happening in the world are playing out and imo…forcing the RV to happen...[Mark do you know more about the release schedule than you can tell us?] Yes I know more than I am telling you because of an NDA.
1-29-2022 Newshound/Intel Guru Walkingstick [via Frank26] Do not dismiss articles on the new exchange rate and the return to its 'glory days' or any words that they are using. All their effort at this time is only to do things for the citizens of Iraq...
1-29-2022 Regular Guy Guru Vital Brad Article: "Al-Sadr nominated Al-Kazemi as prime minister for the majority government" After the government as a whole is fully seated I think it could go anytime. The sooner the better of course ...
1-29-2022 Intel Guru Frank26 Article: "The Central bank of Iraq announces an "unprecedented" growth in its foreign reserves" Empirical data from the CBI to the citizens in the process of their education to let them know we're more than ready for the monetary reform.
1-29-2022 Intel Guru Holly ...We are in the end game everyone. The stuff behind the scenes is a thriller movie. It’s unbelievable. Stay positive...This is real, this is happening...
1-29-2022 Regular Guy Guru Vital Brad We've got a couple people in Iraq ...sharing their point of view...they're talking about the changing the rate of their currency. Some people are saying 'Oh, they're just referring to going back to the 1190 rate.' IMO unless they pull the trigger quickly it will give people that aren't aware of this time to jump in and really load up.
1-29-2022 Newshound Guru Kaperoni If Iraq floats the currency they can gradually reduce the money supply over time and allow the dinar to gradually appreciate based on the success of the economy. That is the only way that dinar can go up in value.
1-29-2022 Intel Guru Holly ...The news is great and all is on track. Remain positive...I wish I could say more, I can not...
1-29-2022 Newshound/Intel Guru Mnt Goat So much very good news today to tell. I can hardly hold back my jubilation of what is shortly to come...once the button is pushed the actions necessary to bring Iraq to a financial power house will be in motion. Right now, we await the announcement for the second session of the new parliament which will nominate and vote on the new president in the same session. Then the new president, after taking oath, will nominate the new prime minister. ...NOTHING will stop it. I totally believe, from what I am hearing, that the CBI will trigger the project to delete the zeros somewhere in this process soon and we can expect to see the reinstatement shortly there afterwards...I am expecting to see it sometime in February. I do not think we will get out of February without the reinstatement of the IQD back on FOREX.
1-29-2022 Intel Guru MarkZ [via PDK] People are still in place…been a quiet night overnight...Things happening in the world are playing out and imo…forcing the RV to happen...[Mark do you know more about the release schedule than you can tell us?] Yes I know more than I am telling you because of an NDA.
1-29-2022 Newshound/Intel Guru Walkingstick [via Frank26] Do not dismiss articles on the new exchange rate and the return to its 'glory days' or any words that they are using. All their effort at this time is only to do things for the citizens of Iraq...
1-29-2022 Regular Guy Guru Vital Brad Article: "Al-Sadr nominated Al-Kazemi as prime minister for the majority government" After the government as a whole is fully seated I think it could go anytime. The sooner the better of course ...
1-29-2022 Intel Guru Frank26 Article: "The Central bank of Iraq announces an "unprecedented" growth in its foreign reserves" Empirical data from the CBI to the citizens in the process of their education to let them know we're more than ready for the monetary reform.
1-29-2022 Intel Guru Holly ...We are in the end game everyone. The stuff behind the scenes is a thriller movie. It’s unbelievable. Stay positive...This is real, this is happening...
1-28-2022 Intel Guru MarkZ [via PDK] I had conversations with Iraqi contacts and they are looking squarely at Tuesday of this upcoming week.
1-28-2022 Intel Guru Bruce [via WiserNow] Everything is coming together in terms of what Iraq has done – Iraq plans to have their government in place and announce that on Sunday – I think everything is lining up in that perspective – Beautifully...we should be setting our appointments for Tuesday the 1st of February...it seems like it’s finally coming to fruition...for our exchanges...I’m excited about where we are now finally...the timing – the dates – everything we’ve been looking for – I think we’re really finally apparently there...
1-28-2022 Newshound Guru Kaperoni ...'they're not going to open the 2022 budget unless they raise the exchange rate.' Yes, there is talk of this but only returning it to 1170.
1-28-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: The CBI is back on TV...saying Iraq has unprecedented growth in foreign reserves...we're hearing that the rate will change when the budget is opened up and it will go back to the previous rate...it sounds like the previous rate of 1190 or so. It doesn't sound like the previous rate way back in 2003. Maybe it will go back to the previous rate of last December the 20th...and then it will float. It's just very confusing...the exchange rate will change to the previous rate. But which one? FRANK: I'll admit it's a bit confusing and that's a good question but when you see the size of the budget I really doubt that a program rate will make it work...your budget is historically huge...
1-28-2022 Intel Guru MarkZ [via PDK] Bank Chatter: My Redemption Center folks will be working a half day tomorrow and will be on call on Sunday…I have contacts in 3 centers. They are like fireman…have to be ready and make sure that everything is working in case they get the big call…prepared for when it is time….
1-28-2022 Newshound/Intel Guru Walkingstick [via Frank26] When it says, 'open the budget with the new exchange rate' it means the line item that has the new exchange rate in it...
1-28-2022 Newshound Guru Breitling What's coming down the road? What does Iraq looking at? Why haven't they pulled the trigger today? I'm telling you they could pull the trigger today if they wanted to.
1-28-2022 Newshound/Intel Guru Mnt Goat Article: "RETURNING THE DOLLAR EXCHANGE TO ITS PREVIOUS PRICE IS ONE OF OUR PRIORITIES" ...let me remind you what the phrase “returning the dollar’s exchange rate to its previous price” means. Some authors do mean from 1450 back to the 1122 program rate, but the CBI means back to the “Glory Days”...If the CBI wanted to revalue back to the old program rate of 1120 they would have done it already in December 2021. They do not need any change in the government to revert it back it...So, this alone tells us that something different is about to happen. They are going to get out of the program rate. This is not business as usual.
1-28-2022 Intel Guru Bruce [via WiserNow] Everything is coming together in terms of what Iraq has done – Iraq plans to have their government in place and announce that on Sunday – I think everything is lining up in that perspective – Beautifully...we should be setting our appointments for Tuesday the 1st of February...it seems like it’s finally coming to fruition...for our exchanges...I’m excited about where we are now finally...the timing – the dates – everything we’ve been looking for – I think we’re really finally apparently there...
1-28-2022 Newshound Guru Kaperoni ...'they're not going to open the 2022 budget unless they raise the exchange rate.' Yes, there is talk of this but only returning it to 1170.
1-28-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: The CBI is back on TV...saying Iraq has unprecedented growth in foreign reserves...we're hearing that the rate will change when the budget is opened up and it will go back to the previous rate...it sounds like the previous rate of 1190 or so. It doesn't sound like the previous rate way back in 2003. Maybe it will go back to the previous rate of last December the 20th...and then it will float. It's just very confusing...the exchange rate will change to the previous rate. But which one? FRANK: I'll admit it's a bit confusing and that's a good question but when you see the size of the budget I really doubt that a program rate will make it work...your budget is historically huge...
1-28-2022 Intel Guru MarkZ [via PDK] Bank Chatter: My Redemption Center folks will be working a half day tomorrow and will be on call on Sunday…I have contacts in 3 centers. They are like fireman…have to be ready and make sure that everything is working in case they get the big call…prepared for when it is time….
1-28-2022 Newshound/Intel Guru Walkingstick [via Frank26] When it says, 'open the budget with the new exchange rate' it means the line item that has the new exchange rate in it...
1-28-2022 Newshound Guru Breitling What's coming down the road? What does Iraq looking at? Why haven't they pulled the trigger today? I'm telling you they could pull the trigger today if they wanted to.
1-28-2022 Newshound/Intel Guru Mnt Goat Article: "RETURNING THE DOLLAR EXCHANGE TO ITS PREVIOUS PRICE IS ONE OF OUR PRIORITIES" ...let me remind you what the phrase “returning the dollar’s exchange rate to its previous price” means. Some authors do mean from 1450 back to the 1122 program rate, but the CBI means back to the “Glory Days”...If the CBI wanted to revalue back to the old program rate of 1120 they would have done it already in December 2021. They do not need any change in the government to revert it back it...So, this alone tells us that something different is about to happen. They are going to get out of the program rate. This is not business as usual.
1-27-2022 Intel Guru MarkZ [via PDK] [Any new estimates on the dong?] I am still hearing $2.20 - $2.30…
1-27-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: They're now talking on the TV about what they're going to do with the rate. They thinking it will go to 1000 or so then float...a lot of talk about the rate being better than previous then float. FRANK: It is the hot conversation in your country...it's actually hot all over the Middle East...Every Middle East country they're talking about your exchange rate...
1-27-2022 Intel Guru Holly They said it would get crazy at the end. I am seeing news all over. The rv is real! Don’t ever give up! ...The best is yet to come!
1-27-2022 Newshound/Intel Guru Walkingstick [via Frank26] The total value and the exchange rate that they are using is in the budget and the white papers. That [the exchange rate] is one of the line items... They're going to pass it. They're going to use it...
1-27-2022 Newshound Guru Kaperoni The IMF made it very clear about 10 years ago of the policy for Iraq... they want Iraq to move to a float when the conditions are appropriate and allow the dinar to gradually appreciate. This is what will happen as a result of the growth of the economy. There are no shortcuts.
1-27-2022 Intel Guru MarkZ [via PDK] ...based on whales staying in place, the constant articles from Iraq saying they are raising the rate…and they want the new rate before they open the 2022 budget…we know its near …we just don’t know if they will get it all done within the next week or two. At this point I do not think there is a can being kicked…all systems are go…
1-27-2022 Newshound Guru Pimpy I know there's some talk out there about the Iraq exchange rate. I've seen the articles. I know it's being discussed but as I said before if they do change it it's going to change back to the previous rate. You're not going to see any huge RI or RV. Not yet. Most likely it'll go from getting 1450 dinars for every 1 dollar to back to where it was before, 1190 dinar. That's going in the right direction. The lower that number gets the more we benefit. Just be patient...no one can deny Iraq is going in the right direction...
1-27-2022 Regular Guy Guru Vital Brad Question: "Will the rate fluctuate?" Great question. When the Iraqi dinar goes back onto the Forex market - it's the international market - the free market it becomes a legitimate recommissioned currency. It's going to fluctuate just like other currencies. They fluctuate. They move...Let's say it comes in at 1 to 1 and it's going to do what they call a 'float' where it's going to gradually go up over time...it won't be massive fluctuations like cryptocurrency.
1-27-2022 Intel Guru MarkZ [via PDK] After I finally get that announcement and I know we are headed to the bank…They are going to try to finish all of our currency transactions within 30 days. At which point they may make the larger denomination notes worthless except for those owned by treasury departments in the foreign currency reserves…So eventually the currency we hold will not be any good. So imo…you had best get in and out within 30 days. This is what I have heard and believe it to be accurate.
1-27-2022 Intel Guru Frank26 Article: "Parliamentary Moves To Reduce The Price Of The Dollar In The Next Parliamentary Session" Quote: "There is a great move by the State of Law to reduce the dollar exchange rate and return it to its previous position."
1-27-2022 Newshound/Intel Guru Mnt Goat Iraq has 1/6 of a penny for their dinar? Unbelievable isn’t it? ...we read article they had the largest foreign reserves EVER!...Dr Sinani Shabibi wanted to reinstate the dinar way back in Jan 2013. So why are we still here over 8 years later?
1-27-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: They're now talking on the TV about what they're going to do with the rate. They thinking it will go to 1000 or so then float...a lot of talk about the rate being better than previous then float. FRANK: It is the hot conversation in your country...it's actually hot all over the Middle East...Every Middle East country they're talking about your exchange rate...
1-27-2022 Intel Guru Holly They said it would get crazy at the end. I am seeing news all over. The rv is real! Don’t ever give up! ...The best is yet to come!
1-27-2022 Newshound/Intel Guru Walkingstick [via Frank26] The total value and the exchange rate that they are using is in the budget and the white papers. That [the exchange rate] is one of the line items... They're going to pass it. They're going to use it...
1-27-2022 Newshound Guru Kaperoni The IMF made it very clear about 10 years ago of the policy for Iraq... they want Iraq to move to a float when the conditions are appropriate and allow the dinar to gradually appreciate. This is what will happen as a result of the growth of the economy. There are no shortcuts.
1-27-2022 Intel Guru MarkZ [via PDK] ...based on whales staying in place, the constant articles from Iraq saying they are raising the rate…and they want the new rate before they open the 2022 budget…we know its near …we just don’t know if they will get it all done within the next week or two. At this point I do not think there is a can being kicked…all systems are go…
1-27-2022 Newshound Guru Pimpy I know there's some talk out there about the Iraq exchange rate. I've seen the articles. I know it's being discussed but as I said before if they do change it it's going to change back to the previous rate. You're not going to see any huge RI or RV. Not yet. Most likely it'll go from getting 1450 dinars for every 1 dollar to back to where it was before, 1190 dinar. That's going in the right direction. The lower that number gets the more we benefit. Just be patient...no one can deny Iraq is going in the right direction...
1-27-2022 Regular Guy Guru Vital Brad Question: "Will the rate fluctuate?" Great question. When the Iraqi dinar goes back onto the Forex market - it's the international market - the free market it becomes a legitimate recommissioned currency. It's going to fluctuate just like other currencies. They fluctuate. They move...Let's say it comes in at 1 to 1 and it's going to do what they call a 'float' where it's going to gradually go up over time...it won't be massive fluctuations like cryptocurrency.
1-27-2022 Intel Guru MarkZ [via PDK] After I finally get that announcement and I know we are headed to the bank…They are going to try to finish all of our currency transactions within 30 days. At which point they may make the larger denomination notes worthless except for those owned by treasury departments in the foreign currency reserves…So eventually the currency we hold will not be any good. So imo…you had best get in and out within 30 days. This is what I have heard and believe it to be accurate.
1-27-2022 Intel Guru Frank26 Article: "Parliamentary Moves To Reduce The Price Of The Dollar In The Next Parliamentary Session" Quote: "There is a great move by the State of Law to reduce the dollar exchange rate and return it to its previous position."
1-27-2022 Newshound/Intel Guru Mnt Goat Iraq has 1/6 of a penny for their dinar? Unbelievable isn’t it? ...we read article they had the largest foreign reserves EVER!...Dr Sinani Shabibi wanted to reinstate the dinar way back in Jan 2013. So why are we still here over 8 years later?
1-26-2022 Intel Guru Frank26 [ Iraq boots-on-the-ground TV report] FIREFLY: The Finance Mister just came on our television channel One...he says Iraq need to show their true value. FRANK: the REER. FIREFLY: They're saying that they are losing billions a day by not having the true value...he's saying that Iraq is a stable society and we have security and we have just signed an economic meeting with Saudi Arabia but doing all these things without a true real value is basically useless to the Iraqis and to our nation. The time has come to show the real value to the world so Iraq can grow.
1-26-2022 Intel Guru MarkZ [via PDK] [I talked to an Iraqi Native in Kentucky last night, he said his family in Iraq sees the REER ( real effective exchange rate) will be changed back to an acceptable rate, for the poor Iraqi people, any day now!] It is common when taking with Iraqis…they know they will soon have this…They know how this works.
1-26-2022 Newshound/Intel Guru Walkingstick [via Frank26] IMO the formal training of all the banks has been completed whether in Iraq or outside of Iraq...they are telling you it would be done in the early part of this year. You see article after article after article telling you the very same thing...
1-26-2022 Intel Guru BobTheTaxMan This is a government process. This is going to go through a series of things they've got to accomplish. They did get Kuwait taken care of...we are in a really good position for this to come to fruition...
1-26-2022 Intel Guru Frank26 Article: "His Excellency Dr. Al-Hamidi, Director General and Chairman of the Board of Directors of the Arab Monetary Fund, delivers a speech at the opening of the Work of the Seventh Meeting of The Undersecretaries of Arab Ministries of Finance" The CBI has turned in the official documentations for the RI. Quote: "The meeting was attended by the undersecretaries of the miniseries of finance in the Arab countries and experts from the International Monetary Fund, the World Bank...in addition to the Arab Monetary Fund..." Everybody's there...they are admitting what they are doing...
1-26-2022 Intel Guru Holly I have been asked to keep quiet so I will. My silence is good and things are happening...We are almost there...It will be worth the wait. The best is yet to come!
1-26-2022 Regular Guy Guru Vital Brad When the Iraqi dinar goes back onto the international market it's going to be an internationally recognized currency/a tradable currency so we're going to be able to take our Iraqi dinar down to a Forex bank (you'd have to look up your area which one actually trade foreign currency) and you'll see the IQD - the Iraqi dinar. You'll be able to exchange it at the going rate...and I don't think there's going to be a prior rate to the public.
1-26-2022 Intel Guru MarkZ [via PDK] It was exceptionally quiet overnight. I am not hearing a thing except groups still believe they are being funded tomorrow evening or Friday. These are large Tier 3 and 4a groups that have aggregated currencies already. All I can say is I am hopeful. We appear to be right at “Crunch time” and need to see it happen...We are all sitting at the edge of our seats waiting for solid news.
1-26-2022 Newshound Guru Pimpy Article: "Al-Sadr after the Federal Court's decision: We are proceeding with the majority government and our door is open to those we think well of" The courts have ruled the first parliamentary session was considered constitutional therefore it continues. This is a good sign. Now that Halbousi has been nominated and has been voted in as the President of Parliament they turned about and they nominated Salih to be the president of Iraq...It looks like Salih is going to become the president of Iraq barring any other issues.
1-26-2022 Newshound Guru Kaperoni Today's Iraqi Federal Court decision appears to confirm previous parliamentary session was legit giving Al-Sadr now the momentum to move forward and begin to create a new government.
1-26-2022 Intel Guru Sheila [via MarkZ] …I am sure they are preparing to roll this blessing out to us as soon as possible. I feel this may be our week...
1-26-2022 Intel Guru MarkZ [via PDK] [Does the CBI need to set the dinar rate before we get the RV?] They will have. Keep in mind that when Kuwait changed their rate …we did not see it posted at their central bank until people were already exchanging…they had tried to hide it for about 10 days…So we may not see it at the CBI at first…but we also might…Keep in mind when Kuwait went there was no internet and they could hide it…in today’s day and age with the internet and social media…they may not be able to…we will have to see how it plays out.
1-26-2022 Intel Guru MarkZ [via PDK] [I talked to an Iraqi Native in Kentucky last night, he said his family in Iraq sees the REER ( real effective exchange rate) will be changed back to an acceptable rate, for the poor Iraqi people, any day now!] It is common when taking with Iraqis…they know they will soon have this…They know how this works.
1-26-2022 Newshound/Intel Guru Walkingstick [via Frank26] IMO the formal training of all the banks has been completed whether in Iraq or outside of Iraq...they are telling you it would be done in the early part of this year. You see article after article after article telling you the very same thing...
1-26-2022 Intel Guru BobTheTaxMan This is a government process. This is going to go through a series of things they've got to accomplish. They did get Kuwait taken care of...we are in a really good position for this to come to fruition...
1-26-2022 Intel Guru Frank26 Article: "His Excellency Dr. Al-Hamidi, Director General and Chairman of the Board of Directors of the Arab Monetary Fund, delivers a speech at the opening of the Work of the Seventh Meeting of The Undersecretaries of Arab Ministries of Finance" The CBI has turned in the official documentations for the RI. Quote: "The meeting was attended by the undersecretaries of the miniseries of finance in the Arab countries and experts from the International Monetary Fund, the World Bank...in addition to the Arab Monetary Fund..." Everybody's there...they are admitting what they are doing...
1-26-2022 Intel Guru Holly I have been asked to keep quiet so I will. My silence is good and things are happening...We are almost there...It will be worth the wait. The best is yet to come!
1-26-2022 Regular Guy Guru Vital Brad When the Iraqi dinar goes back onto the international market it's going to be an internationally recognized currency/a tradable currency so we're going to be able to take our Iraqi dinar down to a Forex bank (you'd have to look up your area which one actually trade foreign currency) and you'll see the IQD - the Iraqi dinar. You'll be able to exchange it at the going rate...and I don't think there's going to be a prior rate to the public.
1-26-2022 Intel Guru MarkZ [via PDK] It was exceptionally quiet overnight. I am not hearing a thing except groups still believe they are being funded tomorrow evening or Friday. These are large Tier 3 and 4a groups that have aggregated currencies already. All I can say is I am hopeful. We appear to be right at “Crunch time” and need to see it happen...We are all sitting at the edge of our seats waiting for solid news.
1-26-2022 Newshound Guru Pimpy Article: "Al-Sadr after the Federal Court's decision: We are proceeding with the majority government and our door is open to those we think well of" The courts have ruled the first parliamentary session was considered constitutional therefore it continues. This is a good sign. Now that Halbousi has been nominated and has been voted in as the President of Parliament they turned about and they nominated Salih to be the president of Iraq...It looks like Salih is going to become the president of Iraq barring any other issues.
1-26-2022 Newshound Guru Kaperoni Today's Iraqi Federal Court decision appears to confirm previous parliamentary session was legit giving Al-Sadr now the momentum to move forward and begin to create a new government.
1-26-2022 Intel Guru Sheila [via MarkZ] …I am sure they are preparing to roll this blessing out to us as soon as possible. I feel this may be our week...
1-26-2022 Intel Guru MarkZ [via PDK] [Does the CBI need to set the dinar rate before we get the RV?] They will have. Keep in mind that when Kuwait changed their rate …we did not see it posted at their central bank until people were already exchanging…they had tried to hide it for about 10 days…So we may not see it at the CBI at first…but we also might…Keep in mind when Kuwait went there was no internet and they could hide it…in today’s day and age with the internet and social media…they may not be able to…we will have to see how it plays out.
1-25-2022 Regular Guy Guru Vital Brad There's many people that believe we're way out there and this is never going to happen and we're crazy lunatics. But what if ...you found an undervalued currency that was decommissioned, a war torn country's currency - they're going to be back in the game and you compare it to their neighboring countries' rates it's going to be a very wealthy valuable currency...I could be completely wrong. This may never happen...this shouldn't be your end game/retirement plan...I'm just a normal guy..you got to make your own financial decisions.
1-25-2022 Intel Guru MarkZ [via PDK] I feel like we can hear something at any moment tonight or maybe tomorrow. I know that a couple groups I speak to still expect their funds on Thursday or Friday. These are big groups in tier 3 and tier 4…For this to happen a whole lot needs to happen in the next 36 hours.
1-25-2022 Intel Guru Frank26 Article: "The Framework Pledges To Restore The Price Of The Dollar To It's Previous Era 'As Soon As Possible'" 'Previous era' I'm sorry that was not December 20, 2021...it cannot be an 'era' ...what the CBI is telling the citizens of Iraq and their education is very clear. Quote "...restoring the dollar exchange rate to its previous price is a basic requirement." Soon is now...The Father of all articles.
1-25-2022 Newshound/Intel Guru Walkingstick [via Frank26] When the articles were coming out at the end of last year they kept saying by year's end they will be able to have the new exchange rate...this was a verbal communication...from the CBI to the powers to be...of their intent to introduce a new currency and a new exchange rate...This was all done in front of the IMF, the World Bank, AMF etc. etc. etc...IMO as of a few days ago this verbal communication was introduced in a formal written format document which is required by the IMF. Therefor IMO we get closer and closer.
1-25-2022 Newshound Guru Breitling The reality is what they're doing in Iraq is they're hitting everything. All cylinders are hitting perfectly. Everything is firing off and they're doing what they need to do.
1-25-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: The news is showing where the CBI sent a letter to the government of Iraq about talking and looking into changing the exchange rate...The Minister of Finance came out and said the private banks and our government are all talking with the CBI about the exchange rate...we are excited that they're telling us this. FRANK: That's wonderful news...all this talk about the exchange rate I know is extremely encountering but the promise is what's even more encouraging. You see they promise that they're going to give this new rate to you. The promise is going to be kept to you.
1-25-2022 Intel Guru Holly On Iraq: They don’t have to wait on the government. The goal of the CBI is to change the rate, not seat the government. The new rate will match the notes. Because he promised, it is in print.
1-25-2022 Newshound Guru MilitiaMan ...The education process is clearly in play still for all to see. Talking about the exchange rate process and it’s functions is obviously very timely at this stage. Iraq has many things to export. Oil being number one. There is an abundant amount of natural resources, etc... When they are sold in Dinars it will increase demand for the currency and support it’s value from that exportation process. The Central bank will be in a position to defend the currency to keep it appropriate for international trade. That will require and international exchange rate. Not a program rate they have at present...
1-25-2022 Intel Guru MarkZ [via PDK] I feel like we can hear something at any moment tonight or maybe tomorrow. I know that a couple groups I speak to still expect their funds on Thursday or Friday. These are big groups in tier 3 and tier 4…For this to happen a whole lot needs to happen in the next 36 hours.
1-25-2022 Intel Guru Frank26 Article: "The Framework Pledges To Restore The Price Of The Dollar To It's Previous Era 'As Soon As Possible'" 'Previous era' I'm sorry that was not December 20, 2021...it cannot be an 'era' ...what the CBI is telling the citizens of Iraq and their education is very clear. Quote "...restoring the dollar exchange rate to its previous price is a basic requirement." Soon is now...The Father of all articles.
1-25-2022 Newshound/Intel Guru Walkingstick [via Frank26] When the articles were coming out at the end of last year they kept saying by year's end they will be able to have the new exchange rate...this was a verbal communication...from the CBI to the powers to be...of their intent to introduce a new currency and a new exchange rate...This was all done in front of the IMF, the World Bank, AMF etc. etc. etc...IMO as of a few days ago this verbal communication was introduced in a formal written format document which is required by the IMF. Therefor IMO we get closer and closer.
1-25-2022 Newshound Guru Breitling The reality is what they're doing in Iraq is they're hitting everything. All cylinders are hitting perfectly. Everything is firing off and they're doing what they need to do.
1-25-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: The news is showing where the CBI sent a letter to the government of Iraq about talking and looking into changing the exchange rate...The Minister of Finance came out and said the private banks and our government are all talking with the CBI about the exchange rate...we are excited that they're telling us this. FRANK: That's wonderful news...all this talk about the exchange rate I know is extremely encountering but the promise is what's even more encouraging. You see they promise that they're going to give this new rate to you. The promise is going to be kept to you.
1-25-2022 Intel Guru Holly On Iraq: They don’t have to wait on the government. The goal of the CBI is to change the rate, not seat the government. The new rate will match the notes. Because he promised, it is in print.
1-25-2022 Newshound Guru MilitiaMan ...The education process is clearly in play still for all to see. Talking about the exchange rate process and it’s functions is obviously very timely at this stage. Iraq has many things to export. Oil being number one. There is an abundant amount of natural resources, etc... When they are sold in Dinars it will increase demand for the currency and support it’s value from that exportation process. The Central bank will be in a position to defend the currency to keep it appropriate for international trade. That will require and international exchange rate. Not a program rate they have at present...
1-24-2022 Intel Guru MarkZ [via PDK] The news today has been very constant and very good...still getting cool emails from different groups that I am attached to as they are getting ready for an imminent payout at any moment...In Iraq hearing they will try to go to a 1 to 1 rate in their country this week. This will no affect us…It will be in their country only...I am getting excited…maybe downright ecstatic! I think by this time next week we could have money...
1-24-2022 Regular Guy Guru Vital Brad Iraq IMO needs to seat their government. It's really going to be a critical move on their part.
1-24-2022 Newshound/Intel Guru Mnt Goat There is so much talk about revaluating the dinar and at the same time we are getting all these articles on the surplus oil revenues, the size of the CBI reserves, etc, etc. So how much longer can they hold off without the major revaluation and movement back to an international trading status.
1-24-2022 Newshound Guru Kaperoni [People think] Iraq is openly discussing raising the exchange rate. The only talk is bringing it back to what it was 12 months ago... 1170 to $1.
1-24-2022 Intel Guru Frank26 Another rumor that really irritates me... Global Currency Reset...it's mathematically impossible. Yes there are many currencies that are paying fair and adjusting but not all of them can do it. It would be mathematically impossible. It's just garbage. There's no reset. There will be some currencies yeah but not the way they're exaggerating.
1-24-2022 Intel Guru MarkZ [via PDK] The biggest thing over the weekend has been the unreal number of Tier 3 and Tier 4 church groups who have been scrambling to update more paperwork. I received a number of emails this weekend to update mine and I got hundreds of emails from you guys this weekend that your groups have contacted you and told you to get everything ready and current because this is imminent...This will be a big week to watch what happens.
1-24-2022 Regular Guy Guru Vital Brad It gets me asking questions - If I was to liquidate my Iraqi dinar right now and at least get something for it - I would just absolutely hate myself when it did RV. So I'm not selling...it's only a matter of time before this all comes together and it turns out to be what happened with Kuwait. [Post 2 of 2] [NOTE: Consult with your financial advisors to determine what's best plan for you and your family under your unique circumstances.]
1-24-2022 Regular Guy Guru Vital Brad I was having a conversation with my fiancé last night. We were talking about assets and a financial plan...she doesn't have a lot of conviction or belief with the Iraqi dinar. She calls herself a 'realist'...she made the comment that if we took the Iraqi dinar that we have...and were to exchange them in for US dollars right now even at the current rate...what kind of funds that would free up which would really assist us in some of our goals that we're working towards... [Post 1 of 2....stay tuned]
1-24-2022 Intel Guru Holly Yesterday was very quiet. No changes in the news I got on Saturday. We are in the window for the release this month... From Iraq news several articles from different political parties talking about changing the exchange rate...let’s see what happens.
1-24-2022 Newshound Guru MilitiaMan ...why would they revert back to a program rate that is not nor was ever international? Why would they have destroyed massive amounts a large 000 notes. Many of us watched the video on it specifically. The accounts at the CBI showed they payed for new currency. The obvious take away is that they are doing what they said they were going to do and that is to return to the glory days or in recent terms to the predecessor. 1190 doesn’t support new small category notes. Nor does it show that Iraq will be IMF Article VIII complaint 100%...imo...
1-24-2022 Regular Guy Guru Vital Brad Iraq IMO needs to seat their government. It's really going to be a critical move on their part.
1-24-2022 Newshound/Intel Guru Mnt Goat There is so much talk about revaluating the dinar and at the same time we are getting all these articles on the surplus oil revenues, the size of the CBI reserves, etc, etc. So how much longer can they hold off without the major revaluation and movement back to an international trading status.
1-24-2022 Newshound Guru Kaperoni [People think] Iraq is openly discussing raising the exchange rate. The only talk is bringing it back to what it was 12 months ago... 1170 to $1.
1-24-2022 Intel Guru Frank26 Another rumor that really irritates me... Global Currency Reset...it's mathematically impossible. Yes there are many currencies that are paying fair and adjusting but not all of them can do it. It would be mathematically impossible. It's just garbage. There's no reset. There will be some currencies yeah but not the way they're exaggerating.
1-24-2022 Intel Guru MarkZ [via PDK] The biggest thing over the weekend has been the unreal number of Tier 3 and Tier 4 church groups who have been scrambling to update more paperwork. I received a number of emails this weekend to update mine and I got hundreds of emails from you guys this weekend that your groups have contacted you and told you to get everything ready and current because this is imminent...This will be a big week to watch what happens.
1-24-2022 Regular Guy Guru Vital Brad It gets me asking questions - If I was to liquidate my Iraqi dinar right now and at least get something for it - I would just absolutely hate myself when it did RV. So I'm not selling...it's only a matter of time before this all comes together and it turns out to be what happened with Kuwait. [Post 2 of 2] [NOTE: Consult with your financial advisors to determine what's best plan for you and your family under your unique circumstances.]
1-24-2022 Regular Guy Guru Vital Brad I was having a conversation with my fiancé last night. We were talking about assets and a financial plan...she doesn't have a lot of conviction or belief with the Iraqi dinar. She calls herself a 'realist'...she made the comment that if we took the Iraqi dinar that we have...and were to exchange them in for US dollars right now even at the current rate...what kind of funds that would free up which would really assist us in some of our goals that we're working towards... [Post 1 of 2....stay tuned]
1-24-2022 Intel Guru Holly Yesterday was very quiet. No changes in the news I got on Saturday. We are in the window for the release this month... From Iraq news several articles from different political parties talking about changing the exchange rate...let’s see what happens.
1-24-2022 Newshound Guru MilitiaMan ...why would they revert back to a program rate that is not nor was ever international? Why would they have destroyed massive amounts a large 000 notes. Many of us watched the video on it specifically. The accounts at the CBI showed they payed for new currency. The obvious take away is that they are doing what they said they were going to do and that is to return to the glory days or in recent terms to the predecessor. 1190 doesn’t support new small category notes. Nor does it show that Iraq will be IMF Article VIII complaint 100%...imo...
1-23-2022 Regular Guy Guru Vital Brad Question: "I understand that those of us that are in the know about dinar will be given a 4b rate prior to the public. Do you know why they set it up this way?" I don't know anything about getting any special prior rate. When it comes to information in this industry you've gotta do your research. There are different opinions about things...IMO, in my perspective, in my idea of how this is playing out - No non-disclosure agreements, redemption centers are banks, and I don't think there's going to be a prior rate to the public. I think when this goes on the international market we're going to be able to wake up and -snap- it's going to be on there...
1-23-2022 Intel Guru Frank26 The float will go faster than you realize. Know when to hold them. Know when to fold them. Good luck. Because I truly believe it's going to happen at an extraordinary fast-paced - accelerated by some recent events...they're forming their government ...at the speed of light...
1-23-2022 Newshound Guru Kaperoni Those who have purchased dinar in hopes of making a significant amount of money, well it's not going to happen until Iraq builds an economy. Only with the success of Iraq's economy can the dinar go up in value. The dinar is not a lottery ticket.
1-23-2022 Newshound Guru Sandy Ingram Several of you asked..."How Iraq is planning to build new schools, increase oil production and build new factories when the Iraqi dinar is worth so little?" The answer is oil revenue is paid in U.S. dollars. The Iraqi government is taking US dollar and growing the country using Iraqi dinars...Iraq's oil revenue each month is in the billions of U.S. dollars...
1-23-2022 Newshound Guru butterfly OK...here is what we have been looking for folks...OMG...this is good news for them and us...Article: "Al-Fatlawi: The 2022 Budget Will Not Be Passed Until The Dollar Is Returned To Its Old Price" Quotes: "...The Draft Budget Law For The Year 2022 Will Not Be Passed Until After An Important Condition Is Met...The Iraqi Parliament, Will Work To Restore The Dollar Exchange Rate To Its Old Price, And Otherwise, It Will Not Allow The Passage Of The 2022 Budget Bill Until After This Condition Is Achieved..." ...If I'm right, which I hope I am, for all...the amount, if memory serves me, right around 2.85. All the Iraqi's were doing good with that amount even though they were under a dictatorship.
1-23-2021 Guru Nader From The Mid East When I told you end of January beginning of February that's what's gonna happen. If they decide to put it back 2003 something like that would be $1.00 - $1.50 yes but if they talking about the 'previous' it's 1150... [Reference Guru Nader From The Mid East post for yesterday 1-23-2022]
1-23-2022 Intel Guru Holly I have had great news yesterday! Things have finally shifted and we have moved out of stagnation. We finally see things moving. All the hold up in the damn for months have finally broken free. We have reached a place we have never been before. Our blessing is close. Stay positive!...
1-23-2022 Regular Guy Guru Vital Brad They're still working on getting their government seated...they've got to come to an agreement...if they can come...to agreements, we're really close to a seated government. Iraq is making progress. It's slow. It's sometimes steady. But they're moving things forward...once they have a seated government the Ministry of Finance can sign off on revaluing the currency...
1-23-2022 Intel Guru Frank26 The float will go faster than you realize. Know when to hold them. Know when to fold them. Good luck. Because I truly believe it's going to happen at an extraordinary fast-paced - accelerated by some recent events...they're forming their government ...at the speed of light...
1-23-2022 Newshound Guru Kaperoni Those who have purchased dinar in hopes of making a significant amount of money, well it's not going to happen until Iraq builds an economy. Only with the success of Iraq's economy can the dinar go up in value. The dinar is not a lottery ticket.
1-23-2022 Newshound Guru Sandy Ingram Several of you asked..."How Iraq is planning to build new schools, increase oil production and build new factories when the Iraqi dinar is worth so little?" The answer is oil revenue is paid in U.S. dollars. The Iraqi government is taking US dollar and growing the country using Iraqi dinars...Iraq's oil revenue each month is in the billions of U.S. dollars...
1-23-2022 Newshound Guru butterfly OK...here is what we have been looking for folks...OMG...this is good news for them and us...Article: "Al-Fatlawi: The 2022 Budget Will Not Be Passed Until The Dollar Is Returned To Its Old Price" Quotes: "...The Draft Budget Law For The Year 2022 Will Not Be Passed Until After An Important Condition Is Met...The Iraqi Parliament, Will Work To Restore The Dollar Exchange Rate To Its Old Price, And Otherwise, It Will Not Allow The Passage Of The 2022 Budget Bill Until After This Condition Is Achieved..." ...If I'm right, which I hope I am, for all...the amount, if memory serves me, right around 2.85. All the Iraqi's were doing good with that amount even though they were under a dictatorship.
1-23-2021 Guru Nader From The Mid East When I told you end of January beginning of February that's what's gonna happen. If they decide to put it back 2003 something like that would be $1.00 - $1.50 yes but if they talking about the 'previous' it's 1150... [Reference Guru Nader From The Mid East post for yesterday 1-23-2022]
1-23-2022 Intel Guru Holly I have had great news yesterday! Things have finally shifted and we have moved out of stagnation. We finally see things moving. All the hold up in the damn for months have finally broken free. We have reached a place we have never been before. Our blessing is close. Stay positive!...
1-23-2022 Regular Guy Guru Vital Brad They're still working on getting their government seated...they've got to come to an agreement...if they can come...to agreements, we're really close to a seated government. Iraq is making progress. It's slow. It's sometimes steady. But they're moving things forward...once they have a seated government the Ministry of Finance can sign off on revaluing the currency...
1-22-2022 Intel Guru Wolverine ...This is it my friends we are finally on our way. I suggest to buckle your seat that in 33hrs we should be hitting warp speed...
1-22-2022 Intel Guru MarkZ [via PDK] Yesterday we saw the article where Iraq says they are going to reinstate an old value…now on Iraq television last night and today…according to Nador who is from Iraq, say they are openly talking about changing to their old value. The question is which old value are they talking about…the move back to $3+ or the slight move back to where it was last year…or will they do the marginal move and let it float in the local market? At least they are having an open conversation now. We have always expected a lower rate in country…
1-22-2022 Regular Guy Guru Vital Brad Question "Why is this [the Iraqi dinar] not really well known? Why isn't this mainstream?" This goes back to the Kuwaiti dinar when that revalued, no one knew about it except for top government officials, top military personnel, people in the know...it was like it never happened except these people became very rich...that happened under George Bush Sr. The same thing was supposed to happen smoothly under George Bush Jr...I'm sure it wasn't expected to go this long...the everyday person wasn't supposed to know about this Iraqi dinar...
1-22-2022 Intel Guru Bruce [via WiserNow] ...the Dinar...has an in country rate and is in really good shape and really for us we will have a different higher rate – we don’t talk about it in the actual numbers but you know we have discussed it in the past in terms of what Dr Shabibi had projected way back in 2012 ...it’s amazing and I think with what’s been going on it’s going to be that high or much higher actually –than he said...
1-22-2022 Guru Nader From The Mid East Today in the Iraqi TV news (it's good news but I'm not sure what they're doing) they said the rate is gonna change when they open the budget...But they keep saying to the "previous". The previous for us it's 1150, 1140, 1160 I don't remember exactly what it is but they're saying that. When they say previous it mean the previous like that one before, it's correct? Maybe I'm wrong...I hope they talk about 2003 or 2002 when it used to be $3.35 - $3.40...everybody is talking about it too in the cafe this morning...even if they put it out at 1150 and it floats it will go quick...two or three month would be a $1.50 - $2.00 something like that.
1-22-2022 Newshound Guru Breitling Am I excited? Do I think things are coming down the road? Absolutely. 100%...Here's the thing, we talk about the past. We go back to the beginning of 2020 and they started talking about that they were going to reduce the value of their currency and just before 2021 came along, that's exactly what they did...they were trying to lower the value of their currency to pay off debt...they paid off their debt with Kuwait. They were ahead of schedule...you guys know they want to add value to their currency...
1-22-2022 Intel Guru Frank26 A dinar is a dinar inside the country but the goal of the CBI is to reach the Real Effective Exchange Rate [REER]
1-22-2022 Intel Guru Holly ...Finally we have movement on the bonds....it won’t be long before we see more movement on the RV side. The bonds had to go first Now everything else can start.
1-22-2022 Newshound/Intel Guru Mnt Goat We are in a waiting mode. As many of you know the Federal Court announced on Wednesday 01/19 and adjourned the hearing for the election of the Presidency of Parliament until the 25th. This was a postponement of the plea to challenge the constitutionality of the first parliament session. So, I do not think we are going to see any action by the CBI in the project to delete the zeros until this is settled. We know this process will lead to the reinstatement.
1-22-2022 Intel Guru MarkZ [via PDK] Yesterday we saw the article where Iraq says they are going to reinstate an old value…now on Iraq television last night and today…according to Nador who is from Iraq, say they are openly talking about changing to their old value. The question is which old value are they talking about…the move back to $3+ or the slight move back to where it was last year…or will they do the marginal move and let it float in the local market? At least they are having an open conversation now. We have always expected a lower rate in country…
1-22-2022 Regular Guy Guru Vital Brad Question "Why is this [the Iraqi dinar] not really well known? Why isn't this mainstream?" This goes back to the Kuwaiti dinar when that revalued, no one knew about it except for top government officials, top military personnel, people in the know...it was like it never happened except these people became very rich...that happened under George Bush Sr. The same thing was supposed to happen smoothly under George Bush Jr...I'm sure it wasn't expected to go this long...the everyday person wasn't supposed to know about this Iraqi dinar...
1-22-2022 Intel Guru Bruce [via WiserNow] ...the Dinar...has an in country rate and is in really good shape and really for us we will have a different higher rate – we don’t talk about it in the actual numbers but you know we have discussed it in the past in terms of what Dr Shabibi had projected way back in 2012 ...it’s amazing and I think with what’s been going on it’s going to be that high or much higher actually –than he said...
1-22-2022 Guru Nader From The Mid East Today in the Iraqi TV news (it's good news but I'm not sure what they're doing) they said the rate is gonna change when they open the budget...But they keep saying to the "previous". The previous for us it's 1150, 1140, 1160 I don't remember exactly what it is but they're saying that. When they say previous it mean the previous like that one before, it's correct? Maybe I'm wrong...I hope they talk about 2003 or 2002 when it used to be $3.35 - $3.40...everybody is talking about it too in the cafe this morning...even if they put it out at 1150 and it floats it will go quick...two or three month would be a $1.50 - $2.00 something like that.
1-22-2022 Newshound Guru Breitling Am I excited? Do I think things are coming down the road? Absolutely. 100%...Here's the thing, we talk about the past. We go back to the beginning of 2020 and they started talking about that they were going to reduce the value of their currency and just before 2021 came along, that's exactly what they did...they were trying to lower the value of their currency to pay off debt...they paid off their debt with Kuwait. They were ahead of schedule...you guys know they want to add value to their currency...
1-22-2022 Intel Guru Frank26 A dinar is a dinar inside the country but the goal of the CBI is to reach the Real Effective Exchange Rate [REER]
1-22-2022 Intel Guru Holly ...Finally we have movement on the bonds....it won’t be long before we see more movement on the RV side. The bonds had to go first Now everything else can start.
1-22-2022 Newshound/Intel Guru Mnt Goat We are in a waiting mode. As many of you know the Federal Court announced on Wednesday 01/19 and adjourned the hearing for the election of the Presidency of Parliament until the 25th. This was a postponement of the plea to challenge the constitutionality of the first parliament session. So, I do not think we are going to see any action by the CBI in the project to delete the zeros until this is settled. We know this process will lead to the reinstatement.
1-21-2022 Intel Guru MarkZ [via PDK] They are preparing for all of us in 4a and 4b. It’s been an exciting day today. Article: "The leader of the state of law coalition Haider al Lami confirmed today Friday that the 2022 budget will not pass until after the exchange rate of the dinar against the dollar is restored to what it was previously." Guys they are being very transparent in Iraq. They are telling us they are getting prepared for this.
1-21-2022 Intel Guru Bruce [via WiserNow] I feel really good about where we are...we have heard some things in the last day or so that are pointing towards this whole thing going down – in the next several days – I don’t know how quickly it will go but we know that it is close to being released...we know that Iraq is ready to roll with what they are doing with their currency and they did start trading it...I’m hearing the possibility of Saturday being very strong for us – to be notified and hopefully started...I think we’re going to see some really positive things happen over this weekend...
1-21-2022 Regular Guy Guru Vital Brad IMO it's not a scam. This Iraq country is gonna meet the standards. The UN is gonna grant the IMF approval to reinstate their currency and Iraq's gonna be a tradable currency on the market again and it's going to be worth way more than it's worth right now. I don't know what that number is but...I think it's not a scam...
1-21-2022 Newshound Guru Walkingstick [via Frank26] The CBI has its own laws for the monetary reform and it is now asking the GOI to open the budget that contains the CBI's work during the RV phase...
1-21-2022 Newshound Guru Petra The people [citizens] know what's happening and they're begging for it...there's a huge movement to get that rate changed because that launches everything...The rate is going to come out before the budget...
1-21-2022 Intel Guru MarkZ ...There is nothing negative. I have not heard any negative news overnight… I think today could be an exciting day. We have bond folks that are still in place and still expecting the release of those funds today...I think our timing will be once bond money goes out…i think 3-7 days…maybe sooner for us...
1-21-2022 Intel Guru Frank26 The topic of the changing of the exchange rate is on the lips of the government, the CBI and of you citizens now in the streets. Everyone knows what is about to happen so everyone is talking about it and everyone is demanding it...
1-21-2022 Intel Guru Holly ...This RV has to happen or the world will go to ****. We are in a pressure cooker and we are reaching maximum pressure...I got a lot of news which I don’t want to put out there as they still want us quiet. Based on what I am hearing there should be a lot of things happening in the next few days to a week...From the news this is the culmination of the plan finally coming to an end...
1-21-2022 Newshound/Intel Guru Mnt Goat Article: "THE CENTRAL BANK OF IRAQ: AN UNPRECEDENTED RISE IN FOREIGN RESERVES"
Of course we already knew that the CBI has an unprecedented amount of foreign reserves. How do we know? They told us over a month ago...So are they telling us again? Is this to reinforce the coming revaluation and reinstatement of the dinar?...
1-21-2022 Intel Guru Bruce [via WiserNow] I feel really good about where we are...we have heard some things in the last day or so that are pointing towards this whole thing going down – in the next several days – I don’t know how quickly it will go but we know that it is close to being released...we know that Iraq is ready to roll with what they are doing with their currency and they did start trading it...I’m hearing the possibility of Saturday being very strong for us – to be notified and hopefully started...I think we’re going to see some really positive things happen over this weekend...
1-21-2022 Regular Guy Guru Vital Brad IMO it's not a scam. This Iraq country is gonna meet the standards. The UN is gonna grant the IMF approval to reinstate their currency and Iraq's gonna be a tradable currency on the market again and it's going to be worth way more than it's worth right now. I don't know what that number is but...I think it's not a scam...
1-21-2022 Newshound Guru Walkingstick [via Frank26] The CBI has its own laws for the monetary reform and it is now asking the GOI to open the budget that contains the CBI's work during the RV phase...
1-21-2022 Newshound Guru Petra The people [citizens] know what's happening and they're begging for it...there's a huge movement to get that rate changed because that launches everything...The rate is going to come out before the budget...
1-21-2022 Intel Guru MarkZ ...There is nothing negative. I have not heard any negative news overnight… I think today could be an exciting day. We have bond folks that are still in place and still expecting the release of those funds today...I think our timing will be once bond money goes out…i think 3-7 days…maybe sooner for us...
1-21-2022 Intel Guru Frank26 The topic of the changing of the exchange rate is on the lips of the government, the CBI and of you citizens now in the streets. Everyone knows what is about to happen so everyone is talking about it and everyone is demanding it...
1-21-2022 Intel Guru Holly ...This RV has to happen or the world will go to ****. We are in a pressure cooker and we are reaching maximum pressure...I got a lot of news which I don’t want to put out there as they still want us quiet. Based on what I am hearing there should be a lot of things happening in the next few days to a week...From the news this is the culmination of the plan finally coming to an end...
1-21-2022 Newshound/Intel Guru Mnt Goat Article: "THE CENTRAL BANK OF IRAQ: AN UNPRECEDENTED RISE IN FOREIGN RESERVES"
Of course we already knew that the CBI has an unprecedented amount of foreign reserves. How do we know? They told us over a month ago...So are they telling us again? Is this to reinforce the coming revaluation and reinstatement of the dinar?...
1-20-2022 Regular Guy Guru Vital Brad You're gonna want to have plans as far as trusts or different banking partners because they're going to want to get their cut on it. The international rate is going to come out at whatever rate it's going to come out at but they're going to try to take points off of it and put it in their pocket. I think it could come down to what you're willing to take, what you're willing to negotiate, how much you have. It's going to be an interesting process as we're trading it in, exchanging it. Definitely have yourself some good lawyers, a good team of financial [advisors], CPAs - a good team behind you before you do anything because we're going to be blessed with wealth. How quick is it going to be gone...?
1-20-2022 Intel Guru Frank26 We know we're all set with the monetary reform and we're waiting for the government to sit itself down, pass the laws, open the budget because that piñata - as soon as they bust that budget open it's going to spill candy all of over the place for everybody in Iraq...We're waiting for them to move their "REER"! : )
1-20-2022 Intel Guru Fleming ...The political scene – elections in Iraq were a mess. Maliki (Iran’s choice), was elected as one of three presidents this year. In his new role of President, Maliki has brought suit to stop the Central Bank of Iraq from revaluing the Dinar which was fully underway... Truly, CBI doesn’t need the government’s approval...Yet Maliki and with Iran’s support, did not agree. Maliki wants the value to remain at the present “fixed rate” and is testing the waters...Maliki has lost his position as president and this lawsuit is dropped...All challenges have been handled by this evening, on January 19, according to Ministers in Iraq, along with all Iranian banks, removed from Iraq....How quickly they can get their political house in order still remains to be seen...
1-20-2022 Newshound/Intel Guru Walkingstick [via Frank26] About 4 times they changed it [the dinar exchange rate since 2003]...when they change the exchange rate it never goes through parliament...who changed the exchange rate? The CBI...we want the parliament seated...because we need the laws that opens the budget that gives us what we want. But it is extremely important for you to understand that the parliament has no authority whatsoever in changing the exchange rate of the Iraqi dinar. Why? Because they have no say in the monetary reform. It's solely their job to do the budget reform with the new exchange rate...the budget they have right now it is impossible to fulfill it at a program rate.
1-20-2022 Newshound Guru Kaperoni the Iraqi dinar more than likely will float and the dinar will gradually appreciate over time as Iraq's economy grows and prospers...the IMF has directed Iraq to float the currency when the conditions are appropriate so that it can gradually rise over time. That is what's going to happen. Take the time to study this investment learn about the rebuilding of Iraq, learn about the reconstruction of the financial system. Creating a private sector economy. The dinar is not a lottery ticket.
1-20-2022 Intel Guru MarkZ We do not know yet what the timing is for us with currency …but it is certainly very close…
1-20-2022 Regular Guy Guru Vital Brad Question: "Will there be redemption centers in every state? A redemption center that's just where you go and trade your money right? Won't you be able to trade it at a bank?" Yeah...even a state like...Nevada, Wyoming, Montana, Idaho - wherever you might be you're going to be able to take that money down to the bank and exchange it at the going rate.
1-20-2022 Newshound Guru Breitling The policy that I follow is watching Parliament, the Ministry of Planning and the Minister of Finance, the CBI and watching what they do that's in relation to the GCC and how it expands their markets because that's the only way they're going to be able to have enough of a base to be able to be outside of the energy market and maintain the rate that they told the whole world they want. Nothing more...Iraq is doing good.
1-20-2022 Guru Nader From The Mid East The foreign reserves gone up to 200 billion. It's going to come out soon.
1-20-2022 Newshound Guru MilitiaMan Article: "Demanding action to release frozen assets abroad" The release of frozen funds may have a profound impact on the REER (Real Effective Exchange Rate) imo... We have heard there is in the tune of $100s of billions in wealth. Reactivating banks abroad is not imo going to be a with a program rate. They already have good reserves, adding more just makes the pie all the sweeter. imo...
1-20-2022 Intel Guru Frank26 Article: "The central bank hits the government's most important justification for changing the exchange rate" The auctions now belong only to the CBI! And they are within 1%-2% compliance! But more importantly...Iran is gone from the auctions. Amen. Amen. Amen.
1-20-2022 Newshound/Intel Guru Mnt Goat ...prior to the 1991 Gulf war with Iraq the dinar was over $3. If you go back to the late 1940’s it was over $4. So, what has changed? ... it seems to me the only thing that has changed in Iraq is in even a better economic position now then in the early 1990's or 1940’s. Iraq is now even by far a richer country so why do they still suppress the RATE of the currency if the VALUE has risen so much? ...Yes, it is being intentionally suppressed. But why? ...we know once they move the dinar to the global trading platforms i.e. FOREX, the ability to manipulate the currency is restricted. This restricts corruption and stops much of the stealing of the Iraqi wealth...
1-20-2022 Intel Guru Frank26 We know we're all set with the monetary reform and we're waiting for the government to sit itself down, pass the laws, open the budget because that piñata - as soon as they bust that budget open it's going to spill candy all of over the place for everybody in Iraq...We're waiting for them to move their "REER"! : )
1-20-2022 Intel Guru Fleming ...The political scene – elections in Iraq were a mess. Maliki (Iran’s choice), was elected as one of three presidents this year. In his new role of President, Maliki has brought suit to stop the Central Bank of Iraq from revaluing the Dinar which was fully underway... Truly, CBI doesn’t need the government’s approval...Yet Maliki and with Iran’s support, did not agree. Maliki wants the value to remain at the present “fixed rate” and is testing the waters...Maliki has lost his position as president and this lawsuit is dropped...All challenges have been handled by this evening, on January 19, according to Ministers in Iraq, along with all Iranian banks, removed from Iraq....How quickly they can get their political house in order still remains to be seen...
1-20-2022 Newshound/Intel Guru Walkingstick [via Frank26] About 4 times they changed it [the dinar exchange rate since 2003]...when they change the exchange rate it never goes through parliament...who changed the exchange rate? The CBI...we want the parliament seated...because we need the laws that opens the budget that gives us what we want. But it is extremely important for you to understand that the parliament has no authority whatsoever in changing the exchange rate of the Iraqi dinar. Why? Because they have no say in the monetary reform. It's solely their job to do the budget reform with the new exchange rate...the budget they have right now it is impossible to fulfill it at a program rate.
1-20-2022 Newshound Guru Kaperoni the Iraqi dinar more than likely will float and the dinar will gradually appreciate over time as Iraq's economy grows and prospers...the IMF has directed Iraq to float the currency when the conditions are appropriate so that it can gradually rise over time. That is what's going to happen. Take the time to study this investment learn about the rebuilding of Iraq, learn about the reconstruction of the financial system. Creating a private sector economy. The dinar is not a lottery ticket.
1-20-2022 Intel Guru MarkZ We do not know yet what the timing is for us with currency …but it is certainly very close…
1-20-2022 Regular Guy Guru Vital Brad Question: "Will there be redemption centers in every state? A redemption center that's just where you go and trade your money right? Won't you be able to trade it at a bank?" Yeah...even a state like...Nevada, Wyoming, Montana, Idaho - wherever you might be you're going to be able to take that money down to the bank and exchange it at the going rate.
1-20-2022 Newshound Guru Breitling The policy that I follow is watching Parliament, the Ministry of Planning and the Minister of Finance, the CBI and watching what they do that's in relation to the GCC and how it expands their markets because that's the only way they're going to be able to have enough of a base to be able to be outside of the energy market and maintain the rate that they told the whole world they want. Nothing more...Iraq is doing good.
1-20-2022 Guru Nader From The Mid East The foreign reserves gone up to 200 billion. It's going to come out soon.
1-20-2022 Newshound Guru MilitiaMan Article: "Demanding action to release frozen assets abroad" The release of frozen funds may have a profound impact on the REER (Real Effective Exchange Rate) imo... We have heard there is in the tune of $100s of billions in wealth. Reactivating banks abroad is not imo going to be a with a program rate. They already have good reserves, adding more just makes the pie all the sweeter. imo...
1-20-2022 Intel Guru Frank26 Article: "The central bank hits the government's most important justification for changing the exchange rate" The auctions now belong only to the CBI! And they are within 1%-2% compliance! But more importantly...Iran is gone from the auctions. Amen. Amen. Amen.
1-20-2022 Newshound/Intel Guru Mnt Goat ...prior to the 1991 Gulf war with Iraq the dinar was over $3. If you go back to the late 1940’s it was over $4. So, what has changed? ... it seems to me the only thing that has changed in Iraq is in even a better economic position now then in the early 1990's or 1940’s. Iraq is now even by far a richer country so why do they still suppress the RATE of the currency if the VALUE has risen so much? ...Yes, it is being intentionally suppressed. But why? ...we know once they move the dinar to the global trading platforms i.e. FOREX, the ability to manipulate the currency is restricted. This restricts corruption and stops much of the stealing of the Iraqi wealth...
1-19-2022 Intel Guru MarkZ [via PDK] ... I am not really expecting any real solid news until we get our notices, which at this point could be 2 hours, 2 days or 2 weeks. I believe we are imminent and at “any moment”. Its exhausting and exciting here at the end...Right now we are seeing all kinds of crazy information, misinformation, smoke …everything we were told we would see here at the end.
1-19-2022 Intel Guru Holly ...The news is, so much is brewing behind the scenes. This is a kettle keg waiting to explode. All is ready, all systems ready, all accounts funded. We wait for the final release and no one knows when that will be. It will come like a thief in the night...
1-19-2022 Intel Guru Frank26 There's just more and more and more that points in the direction of what we want. The Middle East 's currency basket will not accept a program rate. It will drag down the rate of all the other currencies in the basket and that's the opposite effect of a basket. A basket is with powerful currencies that's supports each other and increases the value...it's not a secret.
1-19-2022 Regular Guy Guru Vital Brad I believe that this currency is going to be reinstated at at least where it was decommissioned at - $3.22. I pull up the calculator - [for example] you have 900,000 dinar and it comes out at $3.22...that's almost $3 million dollars...it all depends on what the rate comes out at what you'll be able to exchange it into...
1-19-2022 Intel Guru Bruce [via WiserNow] ...We picked up information today that looked very strong and it was some international information that looked very strong for us to be notified over the next 48 hours – and that was brought out...Monday...that would take us through Thursday... I feel comfortable knowing that something is going down on or by the 20th of this month...we believe that timing is very close...Let’s see what happens...
1-19-2022 Guru Nader From The Mid East The CBI sent a letter to the government to work on the exchange rate not to change it to work on it...I'm sure they're going to respond soon. They have to respond. It's not the government decision it's the CBI decision but the CBI cannot make a decision without the agreement of the Ministry of Finance...
1-19-2022 Intel Guru MarkZ [via PDK] [What is going on with the dinar. I am hearing rates as high as $36 – is that correct?] I am not seeing rates that high…rates have been bouncing all over the place but I do not expect them to be that high in any way. I believe the rates bouncing all over is “testing the system” Keeping the QFS ready to go…Remind yourselves what Dr. Shabibi said years ago what the dinar could be worth. And look at all the articles coming out of Iraq saying they need to raise the rates and stop punishing the poor. That the dinar will soon be the strongest currency in the region. We do not know timing but we know this is real...I think we are in a current window right now.
1-19-2022 Newshound/Intel Guru Walkingstick [via Guru Frank26] The GOI/parliament cannot stop the monetary reform of 2022. You know who is in control and who is in charge of the Iraqi currency of the monetary reform right? The CBI. Parliament is powerless to stop it...but it's important that we get parliament established for the laws that give us the budget and the white papers that give us the new exchange rate and the new small category notes.
1-19-2022 Newshound/Intel Guru Petra Whatever rate they come out at they need to defend it...based on those articles [Reference Guru Petra's post from yesterday below] ...about three quarters of a trillion dollars...That's not dinars. That's US dollars. It's massive money...it really allows them to strongly defend a strong currency.
1-19-2022 Intel Guru Frank26 Article: "State of Law: We Will Not Allow The Budget To Pass Without Changing The Dollar Exchange Rate". What!?! Holy guacamole! ...That would be Kazemi talking to parliament. Quote: "The general budget for the current year will not be passed in Parliament in the event that the dollar exchange rate continues as it at the present time" ...the CBI said if you're not ready parliament, we are not waiting for you.
1-19-2022 Intel Guru MarkZ [via PDK] [Any news on the VND?] Still expecting $2.25-$2.30…but the bank screens have been bouncing all over with higher rates this week.
1-19-2022 Newshound/Intel Guru Mnt Goat ...There is nothing but good articles this period once again reinforcing the notion that Iraq must do something with their currency revaluation and do it very soon...There is so much news about the necessity to change the exchange rate of the dinar against the dollar to a higher rate to reflect the TRUE value of the dinar...
1-19-2022 Intel Guru Holly ...The news is, so much is brewing behind the scenes. This is a kettle keg waiting to explode. All is ready, all systems ready, all accounts funded. We wait for the final release and no one knows when that will be. It will come like a thief in the night...
1-19-2022 Intel Guru Frank26 There's just more and more and more that points in the direction of what we want. The Middle East 's currency basket will not accept a program rate. It will drag down the rate of all the other currencies in the basket and that's the opposite effect of a basket. A basket is with powerful currencies that's supports each other and increases the value...it's not a secret.
1-19-2022 Regular Guy Guru Vital Brad I believe that this currency is going to be reinstated at at least where it was decommissioned at - $3.22. I pull up the calculator - [for example] you have 900,000 dinar and it comes out at $3.22...that's almost $3 million dollars...it all depends on what the rate comes out at what you'll be able to exchange it into...
1-19-2022 Intel Guru Bruce [via WiserNow] ...We picked up information today that looked very strong and it was some international information that looked very strong for us to be notified over the next 48 hours – and that was brought out...Monday...that would take us through Thursday... I feel comfortable knowing that something is going down on or by the 20th of this month...we believe that timing is very close...Let’s see what happens...
1-19-2022 Guru Nader From The Mid East The CBI sent a letter to the government to work on the exchange rate not to change it to work on it...I'm sure they're going to respond soon. They have to respond. It's not the government decision it's the CBI decision but the CBI cannot make a decision without the agreement of the Ministry of Finance...
1-19-2022 Intel Guru MarkZ [via PDK] [What is going on with the dinar. I am hearing rates as high as $36 – is that correct?] I am not seeing rates that high…rates have been bouncing all over the place but I do not expect them to be that high in any way. I believe the rates bouncing all over is “testing the system” Keeping the QFS ready to go…Remind yourselves what Dr. Shabibi said years ago what the dinar could be worth. And look at all the articles coming out of Iraq saying they need to raise the rates and stop punishing the poor. That the dinar will soon be the strongest currency in the region. We do not know timing but we know this is real...I think we are in a current window right now.
1-19-2022 Newshound/Intel Guru Walkingstick [via Guru Frank26] The GOI/parliament cannot stop the monetary reform of 2022. You know who is in control and who is in charge of the Iraqi currency of the monetary reform right? The CBI. Parliament is powerless to stop it...but it's important that we get parliament established for the laws that give us the budget and the white papers that give us the new exchange rate and the new small category notes.
1-19-2022 Newshound/Intel Guru Petra Whatever rate they come out at they need to defend it...based on those articles [Reference Guru Petra's post from yesterday below] ...about three quarters of a trillion dollars...That's not dinars. That's US dollars. It's massive money...it really allows them to strongly defend a strong currency.
1-19-2022 Intel Guru Frank26 Article: "State of Law: We Will Not Allow The Budget To Pass Without Changing The Dollar Exchange Rate". What!?! Holy guacamole! ...That would be Kazemi talking to parliament. Quote: "The general budget for the current year will not be passed in Parliament in the event that the dollar exchange rate continues as it at the present time" ...the CBI said if you're not ready parliament, we are not waiting for you.
1-19-2022 Intel Guru MarkZ [via PDK] [Any news on the VND?] Still expecting $2.25-$2.30…but the bank screens have been bouncing all over with higher rates this week.
1-19-2022 Newshound/Intel Guru Mnt Goat ...There is nothing but good articles this period once again reinforcing the notion that Iraq must do something with their currency revaluation and do it very soon...There is so much news about the necessity to change the exchange rate of the dinar against the dollar to a higher rate to reflect the TRUE value of the dinar...
1-18-2022 Intel Guru MarkZ [via PDK] There is a lot of talk out of Iraq that they do not need the full government sat, but the new government needs the new exchange rate first…makes sense to me. A number of bankers say they are looking for something big to happen on Friday or before…they don’t know what…maybe we know what to look for? Friday could be setting up to be the perfect storm…if it doesn’t happen before then.
1-18-2022 Regular Guy Guru Vital Brad Question: "Do you only buy new dinar Iraqi notes or will old notes 2008 or older work too?" Good question. The 2008 notes are good...If you got the notes with Saddam Hussein's face on the those are not the notes that we're talking about...there's different ways to make sure that it's legit. You need the 2003 series or greater. If you have the 1990 to 2002 series that's the wrong type of dinar...
1-18-2022 Intel Guru Frank26 Article: "Opening a branch of the first Iraqi bank in the UAU" Dubai banks do not deal in used toilet paper...notice all these CBI private banks are opening around the world but not a single one is open yet...all of these baby banks from the CBI are sprouting out just like we told you. We call them satellite banks. They're all over the place now...
1-18-2022 Newshound Guru Kaperoni I've been saying the same thing for years and guess what? I am right! Until Iraq has a parliament and passes the significant economic laws needed for foreign investment, forms a new government oh, and build an economy away from oil there will be no change in the exchange rate.
1-18-2022 Newshound Guru MilitiaMan Article - the headline is 'Releasing Money'. They have quite a bit of outstanding frozen assets that are out there. It's been a long time coming. We have been told over the years that there's a significant amount of money...Interpol talked about upwards of about $180 billion and there's been other comments in respect to upwards of $500-$600 billion in assets around the world...that's astronomical if they call that money back and put that towards their bottom dollar it could definitely support their Real Effective Exchange Rate...the timing of this all coming out at this stage is phenomenal.
1-18-2022 Guru Nader From The Mid East I got good news for you this morning. The president of the CBI sent a letter to the government talking about the rate to be changed, but there's no decision made yet. When we say rate change you know rate is not going to be 1 to 1 first day...it's going to float for a long time...it's going to be tough to be 1 to 1...Iraq paid a lot of things I know but we still owe money to 12 countries ...the UN took us from Chapter 7 yes. We are out from the black list on the European Union...they are working hard. They are doing a lot of things.
1-18-2022 Newshound/Intel Guru Petra We're seeing a lot of major things happening within Iraq...it surprised us that an article that came out...they said they are [having] discussions... [about] funds that could be repatriating back to Iraq that were either stolen from Iraq or have been on hold in accounts on behalf of Iraq until they go out of Chapter VII. If those funds are coming back, oh my goodness it could really impact...the free cash flow that would be available to help them build their infrastructure and build the country and bring in the secondary markets...that's a lot of money and there's a reason why they held that out this long...
1-18-2022 Intel Guru MarkZ [via PDK] I was so excited because of the email I got over the weekend asking me to update my information…Due to an NDA I cannot give any more details…this is the first time in years I have received this type of email. This is huge...I know you guys hate hearing it and I hate saying it…but, It still appears to be very close... everything is set and it is rolling out.
1-18-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: They talked today and it was from the CBI. The CBI giving reasons why they would change the exchange rate. They're mostly dealing with the economy. And they talked about how and why the CBI is going to change our exchange rate. FRANK: ...Our days are numbered...the whole world knows!
1-18-2022 Intel Guru Holly ...all is set. The final tests and systems checks are done. All issues resolved. All countries are ready and we await the final release.
1-18-2022 Newshound Guru Clare [The CBI is saying they are not waiting for Parliament if they are not ready.] THE CBI CAN ACT INDEPENDENTLY IF THEY SO CHOOSE TO ON THE EXCHANGE RATE... FRANK [Guru Frank26] HAS EXPLAINED THEY WANT TO BE “SHOULDER TO SHOULDER”… THIS WILL GIVE CONFIDENCE IN FRONT OF THEIR PEOPLE TO RELEASE THE NEW EXCHANGE RATE…BUT WHEN IS “ENOUGH IS ENOUGH?” THAT WILL REMAIN TO BE SEEN AS WE CONTINUE TO WATCH THIS ROLL OUT. IMO
1-18-2022 Intel Guru RayRen98 ...This week looks very favorable for a possible RV, keep your head up!
1-18-2022 Regular Guy Guru Vital Brad Question: "Do you only buy new dinar Iraqi notes or will old notes 2008 or older work too?" Good question. The 2008 notes are good...If you got the notes with Saddam Hussein's face on the those are not the notes that we're talking about...there's different ways to make sure that it's legit. You need the 2003 series or greater. If you have the 1990 to 2002 series that's the wrong type of dinar...
1-18-2022 Intel Guru Frank26 Article: "Opening a branch of the first Iraqi bank in the UAU" Dubai banks do not deal in used toilet paper...notice all these CBI private banks are opening around the world but not a single one is open yet...all of these baby banks from the CBI are sprouting out just like we told you. We call them satellite banks. They're all over the place now...
1-18-2022 Newshound Guru Kaperoni I've been saying the same thing for years and guess what? I am right! Until Iraq has a parliament and passes the significant economic laws needed for foreign investment, forms a new government oh, and build an economy away from oil there will be no change in the exchange rate.
1-18-2022 Newshound Guru MilitiaMan Article - the headline is 'Releasing Money'. They have quite a bit of outstanding frozen assets that are out there. It's been a long time coming. We have been told over the years that there's a significant amount of money...Interpol talked about upwards of about $180 billion and there's been other comments in respect to upwards of $500-$600 billion in assets around the world...that's astronomical if they call that money back and put that towards their bottom dollar it could definitely support their Real Effective Exchange Rate...the timing of this all coming out at this stage is phenomenal.
1-18-2022 Guru Nader From The Mid East I got good news for you this morning. The president of the CBI sent a letter to the government talking about the rate to be changed, but there's no decision made yet. When we say rate change you know rate is not going to be 1 to 1 first day...it's going to float for a long time...it's going to be tough to be 1 to 1...Iraq paid a lot of things I know but we still owe money to 12 countries ...the UN took us from Chapter 7 yes. We are out from the black list on the European Union...they are working hard. They are doing a lot of things.
1-18-2022 Newshound/Intel Guru Petra We're seeing a lot of major things happening within Iraq...it surprised us that an article that came out...they said they are [having] discussions... [about] funds that could be repatriating back to Iraq that were either stolen from Iraq or have been on hold in accounts on behalf of Iraq until they go out of Chapter VII. If those funds are coming back, oh my goodness it could really impact...the free cash flow that would be available to help them build their infrastructure and build the country and bring in the secondary markets...that's a lot of money and there's a reason why they held that out this long...
1-18-2022 Intel Guru MarkZ [via PDK] I was so excited because of the email I got over the weekend asking me to update my information…Due to an NDA I cannot give any more details…this is the first time in years I have received this type of email. This is huge...I know you guys hate hearing it and I hate saying it…but, It still appears to be very close... everything is set and it is rolling out.
1-18-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: They talked today and it was from the CBI. The CBI giving reasons why they would change the exchange rate. They're mostly dealing with the economy. And they talked about how and why the CBI is going to change our exchange rate. FRANK: ...Our days are numbered...the whole world knows!
1-18-2022 Intel Guru Holly ...all is set. The final tests and systems checks are done. All issues resolved. All countries are ready and we await the final release.
1-18-2022 Newshound Guru Clare [The CBI is saying they are not waiting for Parliament if they are not ready.] THE CBI CAN ACT INDEPENDENTLY IF THEY SO CHOOSE TO ON THE EXCHANGE RATE... FRANK [Guru Frank26] HAS EXPLAINED THEY WANT TO BE “SHOULDER TO SHOULDER”… THIS WILL GIVE CONFIDENCE IN FRONT OF THEIR PEOPLE TO RELEASE THE NEW EXCHANGE RATE…BUT WHEN IS “ENOUGH IS ENOUGH?” THAT WILL REMAIN TO BE SEEN AS WE CONTINUE TO WATCH THIS ROLL OUT. IMO
1-18-2022 Intel Guru RayRen98 ...This week looks very favorable for a possible RV, keep your head up!
1-17-2022 Intel Guru MarkZ [via PDK] I am...still hearing that the schedule is set, the process is set, and we are here at the very end of it...we are watching the rollout. I think they following a plan…and we are watching them execute it.
1-17-2022 Regular Guy Guru Vital Brad The question is is this a scam? This is a foreign currency... When is it going to revalue? We're hoping soon... What's it going to take to revalue? Iraq need to meet standards by the IMF. They were the ones that decommissioned their currency. Iraq needs to meet certain standards and certain qualifications in order to be reinstated...it could happen at any time. They've met those standards, they are just finalizing their government. I've heard having the government to the point that it is right now would be enough for them to pull the trigger.
1-17-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV update] FIREFLY: The television has the finance experts saying that Iraq's credit rating has been lifted up after paying off Kuwait. FRANK: You see the articles didn't tell you that. FIREFLY: And Iraq has a new budget that will help produce economic gains for our country like never seen before. They saying reconstruction and growth will abound in Iraq and the White Papers plan will flourish. FRANK: As you get closer to the government being seated, the Iraqi citizens are now saying give me what you promised me - A new era.
1-17-2022 Newshound Guru Kaperoni Article: "Economist: The Government has no justification to continue to raising the dollar exchange rate" Quote: "...oil prices and financial abundance make it imperative for the next government to take measures to reduce the exchange rate...Iraq has all the financial capabilities and qualifications that necessitate a reduction in the exchange rate especially after the compensation of Kuwait's completion and the rise in oil prices..." an article about reducing the exchange rate...They're talking about bringing it back to what it was a year ago that's 1170 to $1. There is no RV.
1-17-2022 Guru Nader From The Mid East If anything happened it's not gonna be 1 to 1...it's gonna be between 800 and 1000 and then it's gonna float. Then it's gonna take some time, maybe 6 months to get up to $1.50 - $3.00...be happy. It's going to happen.
1-17-2022 Intel Guru MarkZ [via PDK] [What happened to the backwall date of Jan 15th?] Nothing happened to it…there was great progress over the weekend…fun stuff happened…great stuff! I am very excited but I am under an NDA on this one and cannot violate it. This involved tier 3...I have not received any dollars yet…but this is very exciting as they are moving forward to actually pay us little folks. This has been one of the best news weekends I have had since the entire time we have been in this community…IMO we are in the final phase of this…people are crossing t’s and dotting I’s. We have money moving, we have Iraq talking openly about changing the dinar value before the new budget is implemented. We are right on top of this and it is rolling out. This is history in the making…
1-17-2022 Regular Guy Guru Vital Brad We are not supposed to know about this..."loop hole"...the everyday person is not supposed to know. The Iraq people don't know. If you were to talk to someone about this in Iraq, and I've talked to people in Iraq, they have no clue. They aren't told to hang on to their own money because it's going to be worth something more one day. They're using it. They're spending it everyday. They're transacting in it. It's going to be the banks and the people physically holding these notes that are going to be blessed from this. I really do believe that the best is yet to come...
1-17-2022 Intel Guru Frank26 Article: "Specialist Calls On MPs To Fulfill The Return Of The Dollar Exchange Rate" Say it with me, 'Praise God!' You promised parliament to sit and open the budget with an exchange rate not of this era! Quote: "Promises they made themselves regarding the follow-up of the file to the exchange rate of the US dollar against the Iraqi dinar and seek to return it to its previous era." ...the previous era was not December 20, 2020 when they lowered it to pay bills...take our exchange rate back to the previous era...back in the 1940s. Which is what? $3.22 to 1 American dollar...
1-17-2022 Newshound/Intel Guru RVAlready I think what is being done is not obvious to us, because we have different goals. Iraq is trying to run a country and engage in international commerce. We are waiting on a public RV, in order to exchange currency. It is frustrating for us, but Iraq must do what is in the best interest of their country. Hopefully, there will soon be a convergence of these goals. I think more has been done than most people realize. I think the finish line is sneaking up on us.
1-17-2022 Intel Guru MarkZ [via PDK] [Is there a different 800 # for Canadians...] As I understand it you will get a secure link…when you click it -based on your IP address…you will get a 800 number for you to call specifically based for your area…this is the same for all other countries. Spain, Canada, Mexico…wherever you are. So be sure to turn off your VPN when you make your appointment. [NOTE: There will be phone numbers flying around the internet owned by unsavory people scheming to separate you from your dinars...be 100% certain who will be on the other side of the line BEFORE you call any phone numbers or click any links for the safety of you and your family.]
1-17-2022 Regular Guy Guru Vital Brad The question is is this a scam? This is a foreign currency... When is it going to revalue? We're hoping soon... What's it going to take to revalue? Iraq need to meet standards by the IMF. They were the ones that decommissioned their currency. Iraq needs to meet certain standards and certain qualifications in order to be reinstated...it could happen at any time. They've met those standards, they are just finalizing their government. I've heard having the government to the point that it is right now would be enough for them to pull the trigger.
1-17-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV update] FIREFLY: The television has the finance experts saying that Iraq's credit rating has been lifted up after paying off Kuwait. FRANK: You see the articles didn't tell you that. FIREFLY: And Iraq has a new budget that will help produce economic gains for our country like never seen before. They saying reconstruction and growth will abound in Iraq and the White Papers plan will flourish. FRANK: As you get closer to the government being seated, the Iraqi citizens are now saying give me what you promised me - A new era.
1-17-2022 Newshound Guru Kaperoni Article: "Economist: The Government has no justification to continue to raising the dollar exchange rate" Quote: "...oil prices and financial abundance make it imperative for the next government to take measures to reduce the exchange rate...Iraq has all the financial capabilities and qualifications that necessitate a reduction in the exchange rate especially after the compensation of Kuwait's completion and the rise in oil prices..." an article about reducing the exchange rate...They're talking about bringing it back to what it was a year ago that's 1170 to $1. There is no RV.
1-17-2022 Guru Nader From The Mid East If anything happened it's not gonna be 1 to 1...it's gonna be between 800 and 1000 and then it's gonna float. Then it's gonna take some time, maybe 6 months to get up to $1.50 - $3.00...be happy. It's going to happen.
1-17-2022 Intel Guru MarkZ [via PDK] [What happened to the backwall date of Jan 15th?] Nothing happened to it…there was great progress over the weekend…fun stuff happened…great stuff! I am very excited but I am under an NDA on this one and cannot violate it. This involved tier 3...I have not received any dollars yet…but this is very exciting as they are moving forward to actually pay us little folks. This has been one of the best news weekends I have had since the entire time we have been in this community…IMO we are in the final phase of this…people are crossing t’s and dotting I’s. We have money moving, we have Iraq talking openly about changing the dinar value before the new budget is implemented. We are right on top of this and it is rolling out. This is history in the making…
1-17-2022 Regular Guy Guru Vital Brad We are not supposed to know about this..."loop hole"...the everyday person is not supposed to know. The Iraq people don't know. If you were to talk to someone about this in Iraq, and I've talked to people in Iraq, they have no clue. They aren't told to hang on to their own money because it's going to be worth something more one day. They're using it. They're spending it everyday. They're transacting in it. It's going to be the banks and the people physically holding these notes that are going to be blessed from this. I really do believe that the best is yet to come...
1-17-2022 Intel Guru Frank26 Article: "Specialist Calls On MPs To Fulfill The Return Of The Dollar Exchange Rate" Say it with me, 'Praise God!' You promised parliament to sit and open the budget with an exchange rate not of this era! Quote: "Promises they made themselves regarding the follow-up of the file to the exchange rate of the US dollar against the Iraqi dinar and seek to return it to its previous era." ...the previous era was not December 20, 2020 when they lowered it to pay bills...take our exchange rate back to the previous era...back in the 1940s. Which is what? $3.22 to 1 American dollar...
1-17-2022 Newshound/Intel Guru RVAlready I think what is being done is not obvious to us, because we have different goals. Iraq is trying to run a country and engage in international commerce. We are waiting on a public RV, in order to exchange currency. It is frustrating for us, but Iraq must do what is in the best interest of their country. Hopefully, there will soon be a convergence of these goals. I think more has been done than most people realize. I think the finish line is sneaking up on us.
1-17-2022 Intel Guru MarkZ [via PDK] [Is there a different 800 # for Canadians...] As I understand it you will get a secure link…when you click it -based on your IP address…you will get a 800 number for you to call specifically based for your area…this is the same for all other countries. Spain, Canada, Mexico…wherever you are. So be sure to turn off your VPN when you make your appointment. [NOTE: There will be phone numbers flying around the internet owned by unsavory people scheming to separate you from your dinars...be 100% certain who will be on the other side of the line BEFORE you call any phone numbers or click any links for the safety of you and your family.]
1-16-2022 Regular Guy Guru Vital Brad The deal with the Iraqi dinar is that you hold Iraqi dinar that you got for fractions of a penny right now. As Iraq is rebuilding and as Iraq is finally seating their government and getting all the pieces in place...I really do think that holding Iraqi dinar is gonna pay off...When is the question. If you know when let me know! ...Iraq is moving forward...they're coming together.
1-16-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV update] FIREFLY: They're talking on news Channel 1 saying it is time to open and adjust our exchange rate. Then they say when the government is finished sitting itself...we're going to have purchasing power...they're saying the official seating of the government will be in March. FRANK: What they mean is the complete GOI. Right now what's important is that we get the cabinet which we got in parliament sitting...the GOI by the end of March - this has nothing to do with what we're looking for.
1-16-2022 Newshound Guru Kaperoni ...There are a lot of Articles...about changing the exchange rate. Yes, they are talking about it. They want to bring it back to what it was just a year ago around 1170. There is no RV.
1-16-2022 Intel Guru MarkZ [via PDK] [I only have 100,000 in dinar. Do I have to go to a redemption center or can I go to a bank?] it will be worth more if you go to a RC…and I am sure hearing some crazy values on the dinar right now. I always expected rates to be around $4. My banking contacts were saying it now looks like $6…and today they are all confused because bank screens are showing around $11.00. I’m guessing but you may get around $3.71 if you go to a regular bank to exchange…but, at the RC you may get possible between $6 or $11.00 for each dinar. That would be a huge difference on what you make. At banks possible $371,000 and at RC up to $1.1 million…If it were me I would go to an RC. Dr. Shabibi did say at one time Iraq could support a rate of 14.00 to $20.00 in 2012.
1-16-2022 Newshound Guru Sandy Ingram Article: "Iraq stock exchange trades 930 billion shares in 2021" This is up 131% from last year...you should also know... Article: "Economic center: 2021 saw a dramatic rise in the prices of the capital Baghdad's real estate." ...in 2021 there was a significant increases in real estate prices in Baghdad capital area in commercial and residential buildings. It is believed these prices could exceed prices in Dubai and/or London.
1-16-2022 Newshound Guru Walkingstick [via Guru Frank26] ...It's in print now...the way that the CBI is printing this education is for the citizens to properly interpret the monetary and economic reform. It's not for them as investors.
1-16-2022 Regular Guy Guru Vital Brad When it comes to rate I've heard numbers as high as $30....I've heard numbers that are way out there... different ways to get a higher rate than what everyone else gets but you know I like to keep it conservative...if if went 1 to 1 to the US dollar when it first hit the international market that would be amazing.
1-16-2022 Intel Guru Frank26 Article: "Economist: The Government has no justification to continue to raising the dollar exchange rate" Bada-bing-bada-boom Quote: "...oil prices and financial abundance make it imperative for the next government to take measures to reduce the exchange rate...Iraq has all the financial capabilities and qualifications that necessitate a reduction in the exchange rate especially after the compensation of Kuwait's completion and the rise in oil prices..." This is an amazing article... [Note about article title: Raising the dollar exchange rate from Iraq's perspective is making the dinar rate go down.]
1-16-2022 Newshound Guru MilitiaMan ...we all know that a REER (Real Effective Exchange Rate) is what we are looking for. Anything less will not work...To open a bank branch in the UAE and or even in Saudi Arabia is to be international. That will require the REER...Plain an simple imo...So, the CBI needs to talk and walk all at the same time...imo.. It’s coming...imo..
1-16-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV update] FIREFLY: They're talking on news Channel 1 saying it is time to open and adjust our exchange rate. Then they say when the government is finished sitting itself...we're going to have purchasing power...they're saying the official seating of the government will be in March. FRANK: What they mean is the complete GOI. Right now what's important is that we get the cabinet which we got in parliament sitting...the GOI by the end of March - this has nothing to do with what we're looking for.
1-16-2022 Newshound Guru Kaperoni ...There are a lot of Articles...about changing the exchange rate. Yes, they are talking about it. They want to bring it back to what it was just a year ago around 1170. There is no RV.
1-16-2022 Intel Guru MarkZ [via PDK] [I only have 100,000 in dinar. Do I have to go to a redemption center or can I go to a bank?] it will be worth more if you go to a RC…and I am sure hearing some crazy values on the dinar right now. I always expected rates to be around $4. My banking contacts were saying it now looks like $6…and today they are all confused because bank screens are showing around $11.00. I’m guessing but you may get around $3.71 if you go to a regular bank to exchange…but, at the RC you may get possible between $6 or $11.00 for each dinar. That would be a huge difference on what you make. At banks possible $371,000 and at RC up to $1.1 million…If it were me I would go to an RC. Dr. Shabibi did say at one time Iraq could support a rate of 14.00 to $20.00 in 2012.
1-16-2022 Newshound Guru Sandy Ingram Article: "Iraq stock exchange trades 930 billion shares in 2021" This is up 131% from last year...you should also know... Article: "Economic center: 2021 saw a dramatic rise in the prices of the capital Baghdad's real estate." ...in 2021 there was a significant increases in real estate prices in Baghdad capital area in commercial and residential buildings. It is believed these prices could exceed prices in Dubai and/or London.
1-16-2022 Newshound Guru Walkingstick [via Guru Frank26] ...It's in print now...the way that the CBI is printing this education is for the citizens to properly interpret the monetary and economic reform. It's not for them as investors.
1-16-2022 Regular Guy Guru Vital Brad When it comes to rate I've heard numbers as high as $30....I've heard numbers that are way out there... different ways to get a higher rate than what everyone else gets but you know I like to keep it conservative...if if went 1 to 1 to the US dollar when it first hit the international market that would be amazing.
1-16-2022 Intel Guru Frank26 Article: "Economist: The Government has no justification to continue to raising the dollar exchange rate" Bada-bing-bada-boom Quote: "...oil prices and financial abundance make it imperative for the next government to take measures to reduce the exchange rate...Iraq has all the financial capabilities and qualifications that necessitate a reduction in the exchange rate especially after the compensation of Kuwait's completion and the rise in oil prices..." This is an amazing article... [Note about article title: Raising the dollar exchange rate from Iraq's perspective is making the dinar rate go down.]
1-16-2022 Newshound Guru MilitiaMan ...we all know that a REER (Real Effective Exchange Rate) is what we are looking for. Anything less will not work...To open a bank branch in the UAE and or even in Saudi Arabia is to be international. That will require the REER...Plain an simple imo...So, the CBI needs to talk and walk all at the same time...imo.. It’s coming...imo..
1-15-2022 Intel Guru MarkZ [via PDK] I am hearing it is now a set schedule...I do not know what to expect on timing. It could be as early as this afternoon for our emails or it still could be a few days away. I do not know. But imo…it is close because people are staying in place...If they were scheduled 2 weeks or 2 months from now - they would not be staying there…
1-15-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV update] FIREFLY: Two federal lawsuits that the Federal Court is going to listen to have stopped the work of the current parliament session according to Baghdad Channel 1 News...these 2 lawsuits must be addressed until any further action can be taken by parliament...meanwhile citizens are demanding more that the exchange be set back to previous rate... FRANK: It appears once again the Iranian jerks are sticking their foot in there and saying we got 2 lawsuits...it doesn't matter what your tactics are. The monetary and economic reforms are going forward...things are really looking good IMO...
1-15-2022 Regular Guy Guru Vital Brad ...Right now you can get a 25000 note for about $16.00 US. The idea behind this investment is that we can pick it up now while it's at this devalued rate and when Iraq fully seats their government and the Iraqi dinar is reinstated as a recognized currency on the International market/on the Forex market...it's going to be at a new rate. Similar to the Kuwaiti dinar...
1-15-2022 Guru Nader From The Mid East You know why nothing is happening? They're organizing the government. The government is not organized yet. It's not 100% completely organized. It's maybe 40%. We need a president. We need a president of parliament.
1-15-2022 Newshound Guru Sandy Ingram Iraq's Supreme Federal Court temporarily suspended the parliament speaker and his two deputies on Thursday...two rival groups claimed to be the largest block, with the right to form the government...chaos erupted...the suit filed by two lawmakers argues that the election process of the speaker and two deputies violated the constitution...
1-15-2022 Intel Guru MarkZ [via PDK] Article from Iraq: “Baghdad sends 200 billion dinars to the region to finance to finance the salaries of the employees” These are payouts from December due by today Jan 15th. What is important here…imo…is I have contracting contacts that work over there that work in power distribution in the power plants. They are normally paid in US dollars. This is the first time they were paid in dinar. It is their understanding that this is the governments way of saying “thank you” by paying them in dinar right before they revalue the currency. Before the dinar has a meaningful increase in its value.
1-15-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV update] FIREFLY: The television Channel 1 news is saying that Iraq has been removed from the European Union high risk of countries. This is a huge step for us they're saying for Iraq...and then the Foreign Affairs Minister is on our Television talking about how far Iraq has come to exit the European Union risk list. He talks about the future Wealth and growth. FRANK26: Everybody wants that kiss from the prettiest girl at the county fair that is selling her kisses for one dollar apiece. Everybody wants a piece of Iraq now. That is the biggest telltale sign...
1-15-2022 Regular Guy Guru Vital Brad Article: "Adviser to the Prime Minister: Iraq's 'payable' debts do not exceed $20 billion" Iraq has been on a list that's the highest risk countries to do business with based on terrorism. Quote: 'Iraq has proven that it is free of money laundering and has been raised from the list of high risks...' They're off that list...international markets! Quote: "The European Union removed the name of Iraq from the list of counties with risk reading the fight against terrorism and money laundering...' They're off the list. Yes!...that's exciting.
1-15-2022 Newshound Guru MilitiaMan ...All looks very very very good. The private sector and or market economy will require a REER [real effective exchange rate]. The USA embassy has today commented on the support for Iraq to do international trade. Even with China. So, lets see what gives. My view is we are very close to seeing it...
1-15-2022 Intel Guru Frank26 Article: "World Bank: Iraq will witness the highest economic growth among the Arab counties within 2 years" Seriously? At a program rate? At a used toilet paper program rate? Really? The writing is on the wall...it is in print. It's not my opinion. It is the opinion of the Central bank of Iraq that they're going to raise the value of their currency as soon as the government is seated and if the government is horsing around and they're not seated the CBI is still going to move forward whether they like it or not. It's that simple.
1-15-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV update] FIREFLY: Two federal lawsuits that the Federal Court is going to listen to have stopped the work of the current parliament session according to Baghdad Channel 1 News...these 2 lawsuits must be addressed until any further action can be taken by parliament...meanwhile citizens are demanding more that the exchange be set back to previous rate... FRANK: It appears once again the Iranian jerks are sticking their foot in there and saying we got 2 lawsuits...it doesn't matter what your tactics are. The monetary and economic reforms are going forward...things are really looking good IMO...
1-15-2022 Regular Guy Guru Vital Brad ...Right now you can get a 25000 note for about $16.00 US. The idea behind this investment is that we can pick it up now while it's at this devalued rate and when Iraq fully seats their government and the Iraqi dinar is reinstated as a recognized currency on the International market/on the Forex market...it's going to be at a new rate. Similar to the Kuwaiti dinar...
1-15-2022 Guru Nader From The Mid East You know why nothing is happening? They're organizing the government. The government is not organized yet. It's not 100% completely organized. It's maybe 40%. We need a president. We need a president of parliament.
1-15-2022 Newshound Guru Sandy Ingram Iraq's Supreme Federal Court temporarily suspended the parliament speaker and his two deputies on Thursday...two rival groups claimed to be the largest block, with the right to form the government...chaos erupted...the suit filed by two lawmakers argues that the election process of the speaker and two deputies violated the constitution...
1-15-2022 Intel Guru MarkZ [via PDK] Article from Iraq: “Baghdad sends 200 billion dinars to the region to finance to finance the salaries of the employees” These are payouts from December due by today Jan 15th. What is important here…imo…is I have contracting contacts that work over there that work in power distribution in the power plants. They are normally paid in US dollars. This is the first time they were paid in dinar. It is their understanding that this is the governments way of saying “thank you” by paying them in dinar right before they revalue the currency. Before the dinar has a meaningful increase in its value.
1-15-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV update] FIREFLY: The television Channel 1 news is saying that Iraq has been removed from the European Union high risk of countries. This is a huge step for us they're saying for Iraq...and then the Foreign Affairs Minister is on our Television talking about how far Iraq has come to exit the European Union risk list. He talks about the future Wealth and growth. FRANK26: Everybody wants that kiss from the prettiest girl at the county fair that is selling her kisses for one dollar apiece. Everybody wants a piece of Iraq now. That is the biggest telltale sign...
1-15-2022 Regular Guy Guru Vital Brad Article: "Adviser to the Prime Minister: Iraq's 'payable' debts do not exceed $20 billion" Iraq has been on a list that's the highest risk countries to do business with based on terrorism. Quote: 'Iraq has proven that it is free of money laundering and has been raised from the list of high risks...' They're off that list...international markets! Quote: "The European Union removed the name of Iraq from the list of counties with risk reading the fight against terrorism and money laundering...' They're off the list. Yes!...that's exciting.
1-15-2022 Newshound Guru MilitiaMan ...All looks very very very good. The private sector and or market economy will require a REER [real effective exchange rate]. The USA embassy has today commented on the support for Iraq to do international trade. Even with China. So, lets see what gives. My view is we are very close to seeing it...
1-15-2022 Intel Guru Frank26 Article: "World Bank: Iraq will witness the highest economic growth among the Arab counties within 2 years" Seriously? At a program rate? At a used toilet paper program rate? Really? The writing is on the wall...it is in print. It's not my opinion. It is the opinion of the Central bank of Iraq that they're going to raise the value of their currency as soon as the government is seated and if the government is horsing around and they're not seated the CBI is still going to move forward whether they like it or not. It's that simple.
1-14-2022 Intel Guru MarkZ [via PDK] The calm before the storm? It has been pretty quiet today as everyone is where they need to be…in place... Redemption center folks are on call tomorrow and most likely be working on Sunday. [If they are going to release the rate back to a previous era…are they going to figure inflation into it?] That is usually what occurs with an RI or Reinstatement. The Question is are they going to do an RI or an RV (revaluation) or perhaps they will first do an RI followed by an RV? ...I have heard from a Iraqi banking source that they may RI domestically in Iraq and the contract rates for all of internationally will be based on the higher RV rates. They are also seeing some rates in the $10-$11 dollar range…. I hope that sticks. Im afraid to tell you what the dong rates are on the bank screens recently. But I’m mostly hearing it could be around the $4 range.
1-14-2022 Intel Guru Wolverine ...Iraq is SET for the 15th...Everything is moving unbelievably very well...
1-14-2022 Intel Guru Bruce ...we were getting the information that said...notifications could come out any time...tomorrow [Friday] or Saturday – is when we expect notifications...my understanding is there is celebration mode [in Iraq] all the way up to and including Saturday the 15th when that rate is supposed to be put out internationally...if not...probably Sunday - their first business day of the week... the weekend is well in play as it has been scheduled to go through at that time...I’m very excited about where we are and what Iraq is doing...So we’ll see how that shakes out...
1-14-2022 Newshound Guru Kaperoni Deleting the zeros is a LOP so we don't want to see that.
1-14-2022 Intel Guru Holly As far as Intel...there is no Intel anymore because everything is done waiting to be revealed. The 15th that is a marker date and we should see things happen what we’re looking for after that...from all I am told everything is done and we’re waiting for it to just be revealed...It will happen, it is happening.
1-14-2022 Regular Guy Guru Vital Brad Question: "When IMO do I think the Iraqi dinar is going to revlalue?" Bold question...remember this is just my opinion. These are just my thoughts. I'm not a financial advisor. I don't know when it's going to happen for sure. Do I think it's close? I think it's closer than ever. But I also still see some things that need to occur before it can happen...IMO what we've really been waiting on...has been a fully seated government...a fully seated government is projected to be...by March. It feels like it's taking forever but if they actually succeed...it's going to be what we've been waiting for...
1-14-2022 Intel Guru MarkZ [via PDK] My redemption folks are on call for Saturday and expecting to work on Sunday. So, this has changed since yesterday. So there is big expectations for something to occur over the weekend. Article: “Gulf War: The United Nations Committee Announces Payment of Final Reparations to Kuwait” its public everywhere now…and this was one of the final things Iraq needed to do before they could adjust their value. The United Nations is now saying war reparations is done…so this is big news guys. We are clearly getting to the finish line…Everything is done and we are waiting for it to be revealed. The schedule is set and they are not kicking the can. Things are simply playing out methodically at this point.
1-14-2022 Guru Nader From The Mid East I heard a lot of things ...about the dinar...I told you this thing is not easy to happen...it's not like 'that's it. Everybody [the combat forces] left. We are out of chapter 7...change the dinar. Put it back to what it is in 1998-99' ...It doesn't work like that. It's a lot of things still have to do...It's going to happen this year though. It's going to happen 2022. We're hoping by the end of this month/ beginning, maybe in the middle, of next month. But listen, we're not sure.
1-14-2022 Intel Guru Frank26 All I want is the new rate and the new notes. You won't get them until at least this government is seated...Let's see what happens. We know what we read in an article, [The mother of all articles the CBI says if you're not ready GOI to heck with it we'll take care of it...]
1-14-2022 Intel Guru MarkZ [via PDK] [Nick Fleming said that the white paper from Iraq is showing $11 as starting point for international rate. Is this accurate?] I have not seen $11 dollars, but it would not surprise me. Dr. Shabibi once made a case for $12 - $12.42 back in the day…and oil is worth a heck of a lot more now then when they first proposed it. [reference Guru Fleming post below]
1-14-2022 Intel Guru Fleming IRAQ HAS “OPENED THE WHITE PAPER”...The Iraqi leadership, including the newly elected leadership – including the many newly elected Presidents; didn’t like the previously published IQD “International Rate.” This disagreement caused a slight delay while this new starting/floating rate of over $11 US, was formally approved and changed. Nothing else in the White Paper was changed. Today we’re told that Iraq is planning a Saturday announcement.
1-14-2022 Intel Guru Wolverine ...Iraq is SET for the 15th...Everything is moving unbelievably very well...
1-14-2022 Intel Guru Bruce ...we were getting the information that said...notifications could come out any time...tomorrow [Friday] or Saturday – is when we expect notifications...my understanding is there is celebration mode [in Iraq] all the way up to and including Saturday the 15th when that rate is supposed to be put out internationally...if not...probably Sunday - their first business day of the week... the weekend is well in play as it has been scheduled to go through at that time...I’m very excited about where we are and what Iraq is doing...So we’ll see how that shakes out...
1-14-2022 Newshound Guru Kaperoni Deleting the zeros is a LOP so we don't want to see that.
1-14-2022 Intel Guru Holly As far as Intel...there is no Intel anymore because everything is done waiting to be revealed. The 15th that is a marker date and we should see things happen what we’re looking for after that...from all I am told everything is done and we’re waiting for it to just be revealed...It will happen, it is happening.
1-14-2022 Regular Guy Guru Vital Brad Question: "When IMO do I think the Iraqi dinar is going to revlalue?" Bold question...remember this is just my opinion. These are just my thoughts. I'm not a financial advisor. I don't know when it's going to happen for sure. Do I think it's close? I think it's closer than ever. But I also still see some things that need to occur before it can happen...IMO what we've really been waiting on...has been a fully seated government...a fully seated government is projected to be...by March. It feels like it's taking forever but if they actually succeed...it's going to be what we've been waiting for...
1-14-2022 Intel Guru MarkZ [via PDK] My redemption folks are on call for Saturday and expecting to work on Sunday. So, this has changed since yesterday. So there is big expectations for something to occur over the weekend. Article: “Gulf War: The United Nations Committee Announces Payment of Final Reparations to Kuwait” its public everywhere now…and this was one of the final things Iraq needed to do before they could adjust their value. The United Nations is now saying war reparations is done…so this is big news guys. We are clearly getting to the finish line…Everything is done and we are waiting for it to be revealed. The schedule is set and they are not kicking the can. Things are simply playing out methodically at this point.
1-14-2022 Guru Nader From The Mid East I heard a lot of things ...about the dinar...I told you this thing is not easy to happen...it's not like 'that's it. Everybody [the combat forces] left. We are out of chapter 7...change the dinar. Put it back to what it is in 1998-99' ...It doesn't work like that. It's a lot of things still have to do...It's going to happen this year though. It's going to happen 2022. We're hoping by the end of this month/ beginning, maybe in the middle, of next month. But listen, we're not sure.
1-14-2022 Intel Guru Frank26 All I want is the new rate and the new notes. You won't get them until at least this government is seated...Let's see what happens. We know what we read in an article, [The mother of all articles the CBI says if you're not ready GOI to heck with it we'll take care of it...]
1-14-2022 Intel Guru MarkZ [via PDK] [Nick Fleming said that the white paper from Iraq is showing $11 as starting point for international rate. Is this accurate?] I have not seen $11 dollars, but it would not surprise me. Dr. Shabibi once made a case for $12 - $12.42 back in the day…and oil is worth a heck of a lot more now then when they first proposed it. [reference Guru Fleming post below]
1-14-2022 Intel Guru Fleming IRAQ HAS “OPENED THE WHITE PAPER”...The Iraqi leadership, including the newly elected leadership – including the many newly elected Presidents; didn’t like the previously published IQD “International Rate.” This disagreement caused a slight delay while this new starting/floating rate of over $11 US, was formally approved and changed. Nothing else in the White Paper was changed. Today we’re told that Iraq is planning a Saturday announcement.
1-13-2022 Intel Guru MarkZ [via PDK] There was a rocket attack in Iraq today…over Baghdad and a number of areas…I am told this will not affect the RV release so do not be worried about that...my contacts at redemption centers have been told they are absolutely on call this weekend and possible working on Sunday...Everything is positive and all are pointing towards a possible very exciting weekend for us.
1-13-2022 Newshound Guru Militiaman [a member] of the Board of Directors for the GCC states it's time to adjust the exchange rate and enhance the national currency of the Iraqi dinar against the dollar. You can't make that up. It's what the people in the region are talking about...
1-13-2022 Newshound/Intel Guru Mnt Goat There is not much more to say about the reinstatement (A.K.A. RV). We are pivoting right at the window now. We know that the plan is to shortly conduct the project to delete the zeros and them follow up with the reinstatement on to FOREX…finally. Nobody really knows the exact timing. I have not heard anything currently that is holding it up... There is not much more I can tell you at this time except the citizens in Iraq are absolutely being told that the currency redenomination will happen in the next days. We all know what this means. I am VERY excited!
1-13-2022 Newshound Guru Kaperoni Kuwait didn't [RV] and there is a significant difference [between the Iraq dinar and Kuwait dinar situations]... Kuwait has around forty billion dinar in circulation and Iraq has over 100 trillion.
1-13-2022 Intel Guru Frank26 [Bank experience cont.] ...I said we had a significant amount of this currency and...if we were able to put a significant amount of dollars in his bank what are the things he could do for us that would make us want to select Bank of America to move forward. He was very receptive of it...He finally asked what is the currency you're looking to exchange? I said it's dinar, have you ever heard of it? He said no...But later on... he says, '...I think I have heard of this.'...I asked if he had a De La Rue machine. He said no...I asked if they charge for a spread...He said they don't...But...they do charge for whatever the exchange rate is. I asked if that was negotiable. He said absolutely in the right scenario... [Post 2 of 2]
1-13-2022 Intel Guru Frank26 [Bank experience] BRIAN: I went to BOA. I'm in the north east part of the country...my goal was to...find out if they exchanged currencies... My first question was do you exchange foreign currencies here. He [teller] said, 'We absolutely do.' My second question was could you get me an appointment/name of the highest banker that you have at this...branch? ...He picked up the phone and made a call...I really didn't expect to get to speak to someone...His official title was Officer of the Finance Center and Branch Manager. I explained to him I was part of a group that had invested in an undervalued currency... [Post 1 of 2...stay tuned]
1-13-2022 Intel Guru MarkZ [via PDK] Lots of articles out of Iraq talking about the need to change the exchange rate of the Dinar. From my contacts they had hoped it would have been done on Wed. (yesterday) but they are still looking for it by the 15th...I think we can stick it with a fork…it’s almost done. We are expecting iraq’s rate change at any moment.
1-13-2022 Regular Guy Guru Vital Brad I think we have a front row seat to some really really big things coming. I really do. I think we're on the brink of watching a major change happen. If we are looking in the right place we're going to watch it unfold. Where most people have no clue what's even happening/what's going on, their heads are so far up their own tailpipe. They're so sucked into the news and the media...they're so lost and caught up into what other people are saying...you have to have your own opinion...
1-13-2022 Newshound Guru Adam Montana [...Once they open this window I believe this will grow overnight and not be able to hold the value down very long, who knows how high it will grow unless the CBI puts a cap on its growth.] ...Whether the CBI would put a cap on the growth or not... I am inclined to agree that they will. But there's a strong argument for that cap being $1.
1-13-2022 Intel Guru Frank26 Article: "Changing the exchange rate...economic additions and dangerous social effects" the mother of all posts had a baby post. [Reference Frank26 post below from 1-11-2022]
1-13-2022 Intel Guru MarkZ [via PDK] ...We are hearing fantastic things out of Iraq as they seem to be pushing for this weekend...I have a lot of expectations for this weekend around Jan. 15th…
1-13-2022 Newshound Guru Militiaman [a member] of the Board of Directors for the GCC states it's time to adjust the exchange rate and enhance the national currency of the Iraqi dinar against the dollar. You can't make that up. It's what the people in the region are talking about...
1-13-2022 Newshound/Intel Guru Mnt Goat There is not much more to say about the reinstatement (A.K.A. RV). We are pivoting right at the window now. We know that the plan is to shortly conduct the project to delete the zeros and them follow up with the reinstatement on to FOREX…finally. Nobody really knows the exact timing. I have not heard anything currently that is holding it up... There is not much more I can tell you at this time except the citizens in Iraq are absolutely being told that the currency redenomination will happen in the next days. We all know what this means. I am VERY excited!
1-13-2022 Newshound Guru Kaperoni Kuwait didn't [RV] and there is a significant difference [between the Iraq dinar and Kuwait dinar situations]... Kuwait has around forty billion dinar in circulation and Iraq has over 100 trillion.
1-13-2022 Intel Guru Frank26 [Bank experience cont.] ...I said we had a significant amount of this currency and...if we were able to put a significant amount of dollars in his bank what are the things he could do for us that would make us want to select Bank of America to move forward. He was very receptive of it...He finally asked what is the currency you're looking to exchange? I said it's dinar, have you ever heard of it? He said no...But later on... he says, '...I think I have heard of this.'...I asked if he had a De La Rue machine. He said no...I asked if they charge for a spread...He said they don't...But...they do charge for whatever the exchange rate is. I asked if that was negotiable. He said absolutely in the right scenario... [Post 2 of 2]
1-13-2022 Intel Guru Frank26 [Bank experience] BRIAN: I went to BOA. I'm in the north east part of the country...my goal was to...find out if they exchanged currencies... My first question was do you exchange foreign currencies here. He [teller] said, 'We absolutely do.' My second question was could you get me an appointment/name of the highest banker that you have at this...branch? ...He picked up the phone and made a call...I really didn't expect to get to speak to someone...His official title was Officer of the Finance Center and Branch Manager. I explained to him I was part of a group that had invested in an undervalued currency... [Post 1 of 2...stay tuned]
1-13-2022 Intel Guru MarkZ [via PDK] Lots of articles out of Iraq talking about the need to change the exchange rate of the Dinar. From my contacts they had hoped it would have been done on Wed. (yesterday) but they are still looking for it by the 15th...I think we can stick it with a fork…it’s almost done. We are expecting iraq’s rate change at any moment.
1-13-2022 Regular Guy Guru Vital Brad I think we have a front row seat to some really really big things coming. I really do. I think we're on the brink of watching a major change happen. If we are looking in the right place we're going to watch it unfold. Where most people have no clue what's even happening/what's going on, their heads are so far up their own tailpipe. They're so sucked into the news and the media...they're so lost and caught up into what other people are saying...you have to have your own opinion...
1-13-2022 Newshound Guru Adam Montana [...Once they open this window I believe this will grow overnight and not be able to hold the value down very long, who knows how high it will grow unless the CBI puts a cap on its growth.] ...Whether the CBI would put a cap on the growth or not... I am inclined to agree that they will. But there's a strong argument for that cap being $1.
1-13-2022 Intel Guru Frank26 Article: "Changing the exchange rate...economic additions and dangerous social effects" the mother of all posts had a baby post. [Reference Frank26 post below from 1-11-2022]
1-13-2022 Intel Guru MarkZ [via PDK] ...We are hearing fantastic things out of Iraq as they seem to be pushing for this weekend...I have a lot of expectations for this weekend around Jan. 15th…
1-12-2022 Intel Guru Bruce [via WiserNow] ...I don’t care if they seat their government completely or not – that’s not something that’s going to affect what we’re doing with the Iraqi Dinar...
1-12-2022 Intel Guru Frank26 Article file - they are talking about monetary reform. Quote "in the light of international projects, which enhances a stable dinar...meaning that monetary policy requires transparency through which it is presented in the next budget." It's no longer a secret...as soon as the new seated government passes the budget laws, the budget, white papers and exchange rate will be exposed IMO...
1-12-2022 Intel Guru MarkZ [via PDK] [Could the RV happen worldwide and they leave the US out?] I am not hearing that from any contacts…no one I talk to around the globe has heard that…no one from DOD, DHS or banks think that is an any way accurate.
1-12-2022 Intel Guru Fleming Iraq tried to RV so that Dr. Shabibi could witness the completion of his life’s work...This RV GCR is in HIS HONOR...May he be honored throughout history for the important role he contributed in changing every System. Truly a Legacy to be proud of. Thank you, Dr. Shabibi!
1-12-2022 Intel Guru Bruce [via WiserNow] ...Iraq has been doing what they are supposed to do for a long time...They do have a new rate – they had it a week ago last Sunday and then supposedly they were going to bring out a new rate this past Sunday but then their banks were closed Monday and then they were going to bring it out today [Tuesday]...Well – the latest information we got from one of our sources in Fallujah today was the big screens are there – they are going to announce their new rate and bring it out...(Wednesday) the 12th - that’s very interesting...our sources are talking about us getting started as early as tomorrow afternoon – it could be hit and miss – between now and Saturday...I feel like we really are there – Iraq is ready to go...
1-12-2022 Newshound Guru Kaperoni ...Nothing is moving fast in Iraq, they're not in a position to do anything until they have a government, pass laws and have investment for the private sector.
1-12-2022 Regular Guy Guru Vital Brad I'm just a regular guy with dinar. I try to do research on it to figure out what's going on. I try to gather information...and decipher through some of this stuff...I'm not a financial advisor. I've got debt that I'm working on getting paid off. I work a job. I have a car payment. Rent...I'm working the grind day-in-day-out trying to support a family...I don't know if this is ever going to happen. I hope just like Kuwait the Iraqi dinar revalues and the people 'in the know' benefit from it. I'm trying to let as many people know about it as possible so when it does happen it's not just the elites that are 'in the know'... everyday people have the opportunity to know about this as well.
1-12-2022 Intel Guru MarkZ [via PDK] I don’t think there is a hold up. I think they have decided exactly what the plan is and are playing it out in a very methodical fashion. I do not think there has been another “can kick”. [multiple reports that Iraq is going to go by the 15th - regardless of anyone else being ready.] I am still hearing that out of Iraq as well...We do not control the timing…but this will happen! [Rumors are Iraq released the new rate overnight?] I hear they are still pushing forward and the new rate can go at any time. This is from a contact within the Iraqi Finance ministry.
1-12-2022 Intel Guru Frank26 Article: "The Ministry of Foreign Affairs announces Iraq's exit from the European Union's list of high-risk countries" From black list removal to high credit ratings for Iraq. This is how you get a new exchange rate. This is how you take a program rate and you throw it back to the United Nations or whoever gave it to you. Way to go! Article: "Al-Kazemi's comment on the European Union's decision to remove the name of Iraq from the list of high-risk countries" What does this mean? It means the whole world is going to flow back into Iraq because there is no fear any longer. They're stable. They're secure. They have a currency. They have a brand new central bank even Dubai is jealous...
1-12-2022 Newshound Guru MilitiaMan Article: "Barzani: Joint work between Baghdad and Erbil contributed to Iraq’s exit from high-risk countries" I like the sounds of this article, as it is in past tense. A good sign that there is consensus between Baghdad and Erbil. The linkage of the Kurdistan Regional Government to the global system is very telling. They are achieving success today and are saying that they will look back to today, as a turning point for a prosperous global future for the people of Kurdistan. This is a good sign of change to come...All good news.. imo.
1-12-2022 Intel Guru MarkZ [via PDK] [ (Guru) Fleming also said don't wait 30 days to redeem your Dinar, they are going obsolete when the price of oil is between 100 – 120.] I am hearing you want to get in and get exchanged…. I am still hearing we will have 30 days but, I would not dally. Best to be on the safe side.
1-12-2022 Intel Guru Frank26 Article file - they are talking about monetary reform. Quote "in the light of international projects, which enhances a stable dinar...meaning that monetary policy requires transparency through which it is presented in the next budget." It's no longer a secret...as soon as the new seated government passes the budget laws, the budget, white papers and exchange rate will be exposed IMO...
1-12-2022 Intel Guru MarkZ [via PDK] [Could the RV happen worldwide and they leave the US out?] I am not hearing that from any contacts…no one I talk to around the globe has heard that…no one from DOD, DHS or banks think that is an any way accurate.
1-12-2022 Intel Guru Fleming Iraq tried to RV so that Dr. Shabibi could witness the completion of his life’s work...This RV GCR is in HIS HONOR...May he be honored throughout history for the important role he contributed in changing every System. Truly a Legacy to be proud of. Thank you, Dr. Shabibi!
1-12-2022 Intel Guru Bruce [via WiserNow] ...Iraq has been doing what they are supposed to do for a long time...They do have a new rate – they had it a week ago last Sunday and then supposedly they were going to bring out a new rate this past Sunday but then their banks were closed Monday and then they were going to bring it out today [Tuesday]...Well – the latest information we got from one of our sources in Fallujah today was the big screens are there – they are going to announce their new rate and bring it out...(Wednesday) the 12th - that’s very interesting...our sources are talking about us getting started as early as tomorrow afternoon – it could be hit and miss – between now and Saturday...I feel like we really are there – Iraq is ready to go...
1-12-2022 Newshound Guru Kaperoni ...Nothing is moving fast in Iraq, they're not in a position to do anything until they have a government, pass laws and have investment for the private sector.
1-12-2022 Regular Guy Guru Vital Brad I'm just a regular guy with dinar. I try to do research on it to figure out what's going on. I try to gather information...and decipher through some of this stuff...I'm not a financial advisor. I've got debt that I'm working on getting paid off. I work a job. I have a car payment. Rent...I'm working the grind day-in-day-out trying to support a family...I don't know if this is ever going to happen. I hope just like Kuwait the Iraqi dinar revalues and the people 'in the know' benefit from it. I'm trying to let as many people know about it as possible so when it does happen it's not just the elites that are 'in the know'... everyday people have the opportunity to know about this as well.
1-12-2022 Intel Guru MarkZ [via PDK] I don’t think there is a hold up. I think they have decided exactly what the plan is and are playing it out in a very methodical fashion. I do not think there has been another “can kick”. [multiple reports that Iraq is going to go by the 15th - regardless of anyone else being ready.] I am still hearing that out of Iraq as well...We do not control the timing…but this will happen! [Rumors are Iraq released the new rate overnight?] I hear they are still pushing forward and the new rate can go at any time. This is from a contact within the Iraqi Finance ministry.
1-12-2022 Intel Guru Frank26 Article: "The Ministry of Foreign Affairs announces Iraq's exit from the European Union's list of high-risk countries" From black list removal to high credit ratings for Iraq. This is how you get a new exchange rate. This is how you take a program rate and you throw it back to the United Nations or whoever gave it to you. Way to go! Article: "Al-Kazemi's comment on the European Union's decision to remove the name of Iraq from the list of high-risk countries" What does this mean? It means the whole world is going to flow back into Iraq because there is no fear any longer. They're stable. They're secure. They have a currency. They have a brand new central bank even Dubai is jealous...
1-12-2022 Newshound Guru MilitiaMan Article: "Barzani: Joint work between Baghdad and Erbil contributed to Iraq’s exit from high-risk countries" I like the sounds of this article, as it is in past tense. A good sign that there is consensus between Baghdad and Erbil. The linkage of the Kurdistan Regional Government to the global system is very telling. They are achieving success today and are saying that they will look back to today, as a turning point for a prosperous global future for the people of Kurdistan. This is a good sign of change to come...All good news.. imo.
1-12-2022 Intel Guru MarkZ [via PDK] [ (Guru) Fleming also said don't wait 30 days to redeem your Dinar, they are going obsolete when the price of oil is between 100 – 120.] I am hearing you want to get in and get exchanged…. I am still hearing we will have 30 days but, I would not dally. Best to be on the safe side.
1-11-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Saying budget is tied to the white papers and reforms must be addressed. FRANK: The budget can only work with the new exchange rate... FIREFLY: They're saying the next session [of parliament] will be to vote on the presidents that we need and then the budget is being presented also with a vote. FRANK: Hold onto something it's about to get REEL. What I mean by that ...the Real Effective Exchange Rate.
1-11-2022 Intel Guru Fleming ...Today, Tuesday, January 11, 2022, the Jumbotrons in the Town Square’s throughout Iraq, told the People that their currency value will be different tomorrow. Beginning Wednesday, January 12, 2022, the Dinar will have a New International Value. The Nation of Iraq is celebrating tonight...
1-11-2022 Intel Guru MarkZ [via PDK] Today has been very quiet on the RV front . I have spoken to folks all over the globe and they all say we are waiting for an event and for someone to pull the trigger.
1-11-2022 Newshound Guru Kaperoni Tweet by Kurdistan PM Masrour Barzani - 'I strongly welcome the EU's decision to remove Iraq from its list of countries at high risk of money laundering. Now with increased cooperation and investment from the EU, banking sector reform and support will become easier to deliver for our people.'
1-11-2022 Newshound/Intel Guru Mnt Goat ...We are waiting for the CBI, IMF, World Bank and BIS to finally release the real rate of the dinar [that] will fairly and truly measure up the REAL VALUE already present in the economy, the oil and other resources of Iraq. Iraq will never accomplish its goals as stated in the White Paper without the reinstatement of the dinar and globally trading it. The White Paper itself even tells us this is their objective to accomplish... [post 2 of 2]
1-11-2022 Newshound/Intel Guru Mnt Goat ...we read in articles that it is time to adjust the exchange rate to enhance the value of the national currency (the Iraqi dinar) against the dollar. Iraq citizens say that they demand the return of the exchange rate of the dinar to its “normal” state. What is its normal rate?...I believe the CBI is pushing for the “glory” days of the dinar and this is their objective. This means reinstating it back on FOREX with a rate well over $3. We all need to remember that the true value of the dinar is NOT reflected in its current exchange rate even at 1120. [post 1 of 2....stay tuned]
1-11-2022 Intel Guru MarkZ [via PDK] I am still hearing from Treasury contacts and banking contacts out west that the 15th is the “drop dead date” …and they want it at least to be beginning by then….starting to flow by then… They want some tier 4 money starting to be in peoples hands by then. Still great chatter in Iraq with more education of the citizens on lower denoms happening. They are still seating their government. Very positive chatter there.
1-11-2022 Newshound Guru Sandy Ingram The white papers gives us the exact time frame...The white papers address the necessities needed for a financially healthy Iraq. The white papers have a 3 to 5 year span from the date it was published 2020. Thus 2022 may not be the year to expect much movement in the currency rate except to return to the previous rate of December 2021...
1-11-2022 Newshound Guru Vital Brad Question: "Is the Kuwaiti dinar and the Iraqi dinar the same thing?" No. Two different countries. Kuwait is a small little country on the southern part of Iraq. Iraq's a much bigger country. Both their currencies are called dinar...one Kuwaiti dinar is like $3.47 or something. It's very valuable and the reason is because of their oil reserves...Iraq has so much more land mass with oil. How much should theirs be worth? It was devalued at...$3.22...
1-11-2022 Intel Guru Frank26 Article: "It is time to adjust the exchange rate to enhance the value of the national currency (the Iraqi dinar) against the dollar." Wow! Can we have a standing ovation? ...this is the CBI saying this...this is the mother of all articles. Quote: '...let us make readjusting the exchange rate the first task of the next government and parliament to relieve the burden of the citizen.' The CBI wants to show the Iraqi citizens the NSCNs/new exchange rate as soon as possible and if you GOI are not ready by the 15th then we the CBI will show the citizens to reduce any confusion...
1-11-2022 Intel Guru MarkZ [via PDK] [What if the market crashes and there is no RV?] if the market crashes it will force the RV. Ideally they would reset it without crashing the market. But, its easier for them to let the market crash and justify the new system and adjusting of values…
1-11-2022 Newshound Guru MilitiaMan Article: "The outlets announce an agreement with the customs to activate the customs and tax receipt program" This to me suggests there is a game plan to going international. They tell us the most important thing agreed upon is to activate the tax receipt program at the Border Ports Authority. ...The CBI has told us they have a new electronic system that is one of it’s kind and has interlinked with government entities already. We also know that AYSCUDA has a contract for this very subject and that the WTO is working to support Iraq in her ascension along the way...They are gearing to activate systems. That activation is imo going to require an international REER (Real Effective Exchange Rate) in place...
1-11-2022 Intel Guru Fleming ...Today, Tuesday, January 11, 2022, the Jumbotrons in the Town Square’s throughout Iraq, told the People that their currency value will be different tomorrow. Beginning Wednesday, January 12, 2022, the Dinar will have a New International Value. The Nation of Iraq is celebrating tonight...
1-11-2022 Intel Guru MarkZ [via PDK] Today has been very quiet on the RV front . I have spoken to folks all over the globe and they all say we are waiting for an event and for someone to pull the trigger.
1-11-2022 Newshound Guru Kaperoni Tweet by Kurdistan PM Masrour Barzani - 'I strongly welcome the EU's decision to remove Iraq from its list of countries at high risk of money laundering. Now with increased cooperation and investment from the EU, banking sector reform and support will become easier to deliver for our people.'
1-11-2022 Newshound/Intel Guru Mnt Goat ...We are waiting for the CBI, IMF, World Bank and BIS to finally release the real rate of the dinar [that] will fairly and truly measure up the REAL VALUE already present in the economy, the oil and other resources of Iraq. Iraq will never accomplish its goals as stated in the White Paper without the reinstatement of the dinar and globally trading it. The White Paper itself even tells us this is their objective to accomplish... [post 2 of 2]
1-11-2022 Newshound/Intel Guru Mnt Goat ...we read in articles that it is time to adjust the exchange rate to enhance the value of the national currency (the Iraqi dinar) against the dollar. Iraq citizens say that they demand the return of the exchange rate of the dinar to its “normal” state. What is its normal rate?...I believe the CBI is pushing for the “glory” days of the dinar and this is their objective. This means reinstating it back on FOREX with a rate well over $3. We all need to remember that the true value of the dinar is NOT reflected in its current exchange rate even at 1120. [post 1 of 2....stay tuned]
1-11-2022 Intel Guru MarkZ [via PDK] I am still hearing from Treasury contacts and banking contacts out west that the 15th is the “drop dead date” …and they want it at least to be beginning by then….starting to flow by then… They want some tier 4 money starting to be in peoples hands by then. Still great chatter in Iraq with more education of the citizens on lower denoms happening. They are still seating their government. Very positive chatter there.
1-11-2022 Newshound Guru Sandy Ingram The white papers gives us the exact time frame...The white papers address the necessities needed for a financially healthy Iraq. The white papers have a 3 to 5 year span from the date it was published 2020. Thus 2022 may not be the year to expect much movement in the currency rate except to return to the previous rate of December 2021...
1-11-2022 Newshound Guru Vital Brad Question: "Is the Kuwaiti dinar and the Iraqi dinar the same thing?" No. Two different countries. Kuwait is a small little country on the southern part of Iraq. Iraq's a much bigger country. Both their currencies are called dinar...one Kuwaiti dinar is like $3.47 or something. It's very valuable and the reason is because of their oil reserves...Iraq has so much more land mass with oil. How much should theirs be worth? It was devalued at...$3.22...
1-11-2022 Intel Guru Frank26 Article: "It is time to adjust the exchange rate to enhance the value of the national currency (the Iraqi dinar) against the dollar." Wow! Can we have a standing ovation? ...this is the CBI saying this...this is the mother of all articles. Quote: '...let us make readjusting the exchange rate the first task of the next government and parliament to relieve the burden of the citizen.' The CBI wants to show the Iraqi citizens the NSCNs/new exchange rate as soon as possible and if you GOI are not ready by the 15th then we the CBI will show the citizens to reduce any confusion...
1-11-2022 Intel Guru MarkZ [via PDK] [What if the market crashes and there is no RV?] if the market crashes it will force the RV. Ideally they would reset it without crashing the market. But, its easier for them to let the market crash and justify the new system and adjusting of values…
1-11-2022 Newshound Guru MilitiaMan Article: "The outlets announce an agreement with the customs to activate the customs and tax receipt program" This to me suggests there is a game plan to going international. They tell us the most important thing agreed upon is to activate the tax receipt program at the Border Ports Authority. ...The CBI has told us they have a new electronic system that is one of it’s kind and has interlinked with government entities already. We also know that AYSCUDA has a contract for this very subject and that the WTO is working to support Iraq in her ascension along the way...They are gearing to activate systems. That activation is imo going to require an international REER (Real Effective Exchange Rate) in place...
1-10-2022 Intel Guru MarkZ [via PDK] ...I’m hearing from many that there may be a “hard wall” of Jan. 15th. I am always afraid to put lines in the sand because they find a way to kick them. My redemption center contacts are very positive…they had meetings this morning to be prepared for anytime after Wednesday. I take that as good news. Everyone is ready and prepared…they just need to get us over the top…In Iraq the new parliament is seated…they still need to finish filling positions…but, this does not have to be done for the RV. They can raise the rate at anytime and the important thing is they are moving forward.
1-10-2022 Newshound Guru Vital Brad The idea behind getting the Iraqi dinar now is that it's cheap. It's very inexpensive...Then the question comes, 'When it does revalue, what do we do with this? Where do we take it because banks right now don't accept this. So you can't go down to your local bank...it's not on the international trading market... Question: "when it revalues will it be?" Exactly. "So you have to wait till it revalues then you can go down to your bank?" Just go to a place that accepts the currency Iraqi dinar. IQD is the code...
1-10-2022 Intel Guru MarkZ [via PDK] [Saw...that Dr Shabibi passed away on 9th.] ...it’s a sad day that he did not get to see this RV over the finish line. He is the architect of this RV…but his passing does not in any way affect the outcome. I just think it’s sad that he did not get to see the fruition of his life’s work.
1-10-2022 Newshound Guru Kaperoni Article quote: "Iraq's new parliament elects Sunni lawmaker Mohammed al-Halbousi as speaker, marking an important step towards establishing a new government.."
1-10-2022 Newshound Guru Sandy Ingram The world bank reports that over the last decade Iraq's oil revenues have amounted for more than 99% of exports and 85% of the government's budget and 42% of the GDP. Based on the World Bank's recommendation when the country provides a higher percentage of income and jobs outside of the oil then we can look for a possible float in the Iraqi dinar...
1-10-2022 Intel Guru MarkZ [via PDK] [So, they are kicking the can again?] I do not believe they are kicking the can. This is being done in a slow methodical process and we are in the middle of it. I think we are just more worried about them getting money to us then they are.
1-10-2022 Intel Guru Frank26 ...things are moving extremely fast. A change can be posted instantly by the CBI and the government because of the way they have set the education up with the citizens right now. The billboards are ready to run because they are electronic. The float is extremely important. It'll follow right after this phase. It has to right away to take advantage of the 1 to 1 rate...
1-10-2022 Newshound Guru Pimpy Article: "Unanimously... 'Progress' and 'Azm' choose Al-Halbousi as a candidate for the Presidency of Parliament" This should go quickly - If they've already unanimously voted in Halbousi. He'll be speaker, you have your two lieutenants and then from there they will vote on the President of the Republic of Iraq. I'm anticipating that the winner will be Salih...nothing can be accomplished until the new government is established and in place...a big hurdle was just passed now we're going to see what it leads to...
1-10-2022 Newshound Guru Vital Brad The idea behind getting the Iraqi dinar now is that it's cheap. It's very inexpensive...Then the question comes, 'When it does revalue, what do we do with this? Where do we take it because banks right now don't accept this. So you can't go down to your local bank...it's not on the international trading market... Question: "when it revalues will it be?" Exactly. "So you have to wait till it revalues then you can go down to your bank?" Just go to a place that accepts the currency Iraqi dinar. IQD is the code...
1-10-2022 Intel Guru MarkZ [via PDK] [Saw...that Dr Shabibi passed away on 9th.] ...it’s a sad day that he did not get to see this RV over the finish line. He is the architect of this RV…but his passing does not in any way affect the outcome. I just think it’s sad that he did not get to see the fruition of his life’s work.
1-10-2022 Newshound Guru Kaperoni Article quote: "Iraq's new parliament elects Sunni lawmaker Mohammed al-Halbousi as speaker, marking an important step towards establishing a new government.."
1-10-2022 Newshound Guru Sandy Ingram The world bank reports that over the last decade Iraq's oil revenues have amounted for more than 99% of exports and 85% of the government's budget and 42% of the GDP. Based on the World Bank's recommendation when the country provides a higher percentage of income and jobs outside of the oil then we can look for a possible float in the Iraqi dinar...
1-10-2022 Intel Guru MarkZ [via PDK] [So, they are kicking the can again?] I do not believe they are kicking the can. This is being done in a slow methodical process and we are in the middle of it. I think we are just more worried about them getting money to us then they are.
1-10-2022 Intel Guru Frank26 ...things are moving extremely fast. A change can be posted instantly by the CBI and the government because of the way they have set the education up with the citizens right now. The billboards are ready to run because they are electronic. The float is extremely important. It'll follow right after this phase. It has to right away to take advantage of the 1 to 1 rate...
1-10-2022 Newshound Guru Pimpy Article: "Unanimously... 'Progress' and 'Azm' choose Al-Halbousi as a candidate for the Presidency of Parliament" This should go quickly - If they've already unanimously voted in Halbousi. He'll be speaker, you have your two lieutenants and then from there they will vote on the President of the Republic of Iraq. I'm anticipating that the winner will be Salih...nothing can be accomplished until the new government is established and in place...a big hurdle was just passed now we're going to see what it leads to...
1-9-2022 Intel Guru Frank26 The other thing that bothers me. You say [U.S. Bank executive] that FDIC insures me $250,000? Yeah. Did you know the FDIC insurance in the small print way down in the bottom there's a clause that says that the bank/the FDIC has up to 99 years to pay me back what you Mr. Bank lost? [Note: Consult your financial advisors at the appropriate time to create the best plan to help you protect your money and assets.]
1-9-2022 Newshound Guru Kaperoni Looks like Sadr and the Sadist bloc have formed an alliance with numerous other blocs including the Kurds to now have the largest bloc in parliament and the right to form the government. This appears to leave Al-Maliki and his State of Law coalition left out. Based on several other articles it appears Al-Maliki is trying to imply this result will...have constitutional ramifications. IMO it just seems like Maliki is trying to cause trouble. His time is running out...We can only hope Sadr has the correct intentions for democracy and economic growth in Iraq.
1-9-2022 Newshound Guru Vital Brad The [former] governor of the Central Bank of Iraq...he passed away...I think it's so important to put back in perspective that this life is just temporary...
1-9-2022 Newshound Guru MilitiaMan Article: "Exchange rate first" Quote: "It is time to adjust the exchange rate to enhance the value of the national currency (the Iraqi dinar) against the dollar." This is looking so so good!! I agree, it is time to adjust the exchange rate. Let the first task in the Parliament today be in the cards... Ease the burden of the Citizens by changing the exchange rate to enhance the value of the national currency against the dollar. Imo, the CBI can adjust the rate when ready or not the government is...
1-9-2022 Newshound Guru Sandy Ingram There are 7 basic categories of success before a country can improve or increase the value of its currency - 1. Inflation 2. Interest rates 3. Terms of trade 4. Political stability 5. Balance of payments 6. National debt 7. Recession
1-9-2022 Intel Guru Frank26 Inside Iraq a dinar is a dinar. But what happens when the dinar floats at 1 to 1 with the American dollar? People start to use it. They start to buy with it. They start to trade with it. Start to sell with it. The value on international markets for that currency starts to go up...Do you think the goal is for it to stay at 1 to 1? The goal of the CBI is to float the Iraqi dinar to add value to their currency for the purchasing power of their citizens...their goal is REER. Nothing less.
1-9-2022 Newshound Guru Pimpy Dr. Shabibi - He was the governor of the Central Bank of Iraq for...about 9 years. Very outspoken man. Was more concerned about what was best for the Iraqi people...He just passed away today. R.I.P. Dr. Shabibi. He was the man who said the Paris Agreement wasn't a good thing...thought the exchange rate should have been higher. R.I.P Dr. Shabibi...
1-9-2022 Newshound Guru Vital Brad There's a big meeting going on in Iraq tomorrow [Today]...they've got limited media coverage but there will be media coverage. They're finalizing and placing their government. That's been a big aspect of this whole revaluation process. There's been certain points that Iraq has had to meet in order to put their currency back on the free market, revalue it, make it be worth something again...a big point that they need to meet is to have a seated and fully established government...looks like tomorrow will be the time...
1-9-2022 Newshound Guru Clare Article: "The death of the former central bank governor" Quote: "The former governor of the Central Bank of Iraq, Sinan Muhammad Al-Shabibi, died, on Saturday, in the Swiss city of Geneva."
1-9-2022 Intel Guru Fleming Exactly how many months or weeks, will the Iraq Central Bank allow for the obsolete 3+-zero-inflated-dinars to be exchanged and/or used in trade? Answer: Not very long. They have tied the intake of these obsolete currency notes to the value of oil which today is over $78 US. Once the value exceeds a price somewhere between $100 to $120 US, the Central Bank of Iraq, will no longer support an international exchange. Point being, they want it in and done fast. No stragglers allowed. This includes those of us holding Dinar notes here in the US. We have only a short time to exchange these notes for a very nice Exchange rate.
1-9-2022 Newshound Guru Kaperoni Looks like Sadr and the Sadist bloc have formed an alliance with numerous other blocs including the Kurds to now have the largest bloc in parliament and the right to form the government. This appears to leave Al-Maliki and his State of Law coalition left out. Based on several other articles it appears Al-Maliki is trying to imply this result will...have constitutional ramifications. IMO it just seems like Maliki is trying to cause trouble. His time is running out...We can only hope Sadr has the correct intentions for democracy and economic growth in Iraq.
1-9-2022 Newshound Guru Vital Brad The [former] governor of the Central Bank of Iraq...he passed away...I think it's so important to put back in perspective that this life is just temporary...
1-9-2022 Newshound Guru MilitiaMan Article: "Exchange rate first" Quote: "It is time to adjust the exchange rate to enhance the value of the national currency (the Iraqi dinar) against the dollar." This is looking so so good!! I agree, it is time to adjust the exchange rate. Let the first task in the Parliament today be in the cards... Ease the burden of the Citizens by changing the exchange rate to enhance the value of the national currency against the dollar. Imo, the CBI can adjust the rate when ready or not the government is...
1-9-2022 Newshound Guru Sandy Ingram There are 7 basic categories of success before a country can improve or increase the value of its currency - 1. Inflation 2. Interest rates 3. Terms of trade 4. Political stability 5. Balance of payments 6. National debt 7. Recession
1-9-2022 Intel Guru Frank26 Inside Iraq a dinar is a dinar. But what happens when the dinar floats at 1 to 1 with the American dollar? People start to use it. They start to buy with it. They start to trade with it. Start to sell with it. The value on international markets for that currency starts to go up...Do you think the goal is for it to stay at 1 to 1? The goal of the CBI is to float the Iraqi dinar to add value to their currency for the purchasing power of their citizens...their goal is REER. Nothing less.
1-9-2022 Newshound Guru Pimpy Dr. Shabibi - He was the governor of the Central Bank of Iraq for...about 9 years. Very outspoken man. Was more concerned about what was best for the Iraqi people...He just passed away today. R.I.P. Dr. Shabibi. He was the man who said the Paris Agreement wasn't a good thing...thought the exchange rate should have been higher. R.I.P Dr. Shabibi...
1-9-2022 Newshound Guru Vital Brad There's a big meeting going on in Iraq tomorrow [Today]...they've got limited media coverage but there will be media coverage. They're finalizing and placing their government. That's been a big aspect of this whole revaluation process. There's been certain points that Iraq has had to meet in order to put their currency back on the free market, revalue it, make it be worth something again...a big point that they need to meet is to have a seated and fully established government...looks like tomorrow will be the time...
1-9-2022 Newshound Guru Clare Article: "The death of the former central bank governor" Quote: "The former governor of the Central Bank of Iraq, Sinan Muhammad Al-Shabibi, died, on Saturday, in the Swiss city of Geneva."
1-9-2022 Intel Guru Fleming Exactly how many months or weeks, will the Iraq Central Bank allow for the obsolete 3+-zero-inflated-dinars to be exchanged and/or used in trade? Answer: Not very long. They have tied the intake of these obsolete currency notes to the value of oil which today is over $78 US. Once the value exceeds a price somewhere between $100 to $120 US, the Central Bank of Iraq, will no longer support an international exchange. Point being, they want it in and done fast. No stragglers allowed. This includes those of us holding Dinar notes here in the US. We have only a short time to exchange these notes for a very nice Exchange rate.
1-8-2022 Intel Guru MarkZ [via PDK] What do we know from Iraq? We know they seat the new government on the 9th. We know they made an announcement that they do not need the government seated to change the value of their currency. They have stated in their white papers they are going to adjust that value in this calendar year. We really are in a good place but it’s just frustrating that none of us know the exact timing.
1-8-2022 Intel Guru Frank26 At any moment, I mean at any moment *snap*, I mean *snap* you can wake up and find the new exchange rate on the CBI website... [NOTE: You can always find the latest official CBI rate in the left column of this page.]
1-8-2022 Newshound Guru Vital Brad There's a big meeting this Sunday in Iraq...that's in the the news...happening on the 9th...Do we wake up this next weekend and all of a sudden Iraq is back on the international market? It's possible. It's absolutely possible...
1-8-2022 Newshound Guru Kaperoni The next 24 to 48 hours is critical as parliament will meet to confirm the results [Of the election]. Then we will have to see how fast they can put the next government together without interference.
1-8-2022 Intel Guru Fleming On Sunday morning, at 6 AM in Iraq, when announcements begin in the mosque, it will be 10 PM Saturday night on the Eastern US Coast, when this White Paper and the new Dinar rates, is published for all to see. Although Iraq’s banks will remain closed till Tuesday while this new currency adjustment begins in earnest. This is not a very long time to wait...Iraq has laid their plans, that are seemingly complete and well done. All will shortly be clearly demonstrated. Oh, what a wonderful time this is.
1-8-2022 Newshound/Intel Gurus Walkingstick and Frank26 The CBI is going to rent...electronic boards from the government of Iraq...they will plaster these new small category notes all over the place. These new small category note pictures will be the new graffiti in Iraq. It'll be on every wall that you can think of...the sighting of the new small category notes is getting closer to the eyes of the Iraqi citizens because IMO the new small category notes are now in the hands of all the private bank tellers...
1-8-2022 Newshound Guru Pimpy I just don't think you're going to see a huge RV or RI. That'd be too much of a shock to the system...I might be wrong...they might roll out and give us an RI or RV that's possible but I just don't see it happening. Not yet. I do think the rate change is going to get to a point that we all love, easy, in a short period of time...I don't do rates. I don't do dates but I think it's going to happen much more faster than people think.
1-8-2022 Intel Guru Fleming According to a senior official in the Central Bank of Iraq...Sunday, January 9, 2022, Iraq will make several historic announcements. The first and most important being, that Iraq is now an approved member of both the Arab Investment Bank, (AIB) and the Asian Infrastructure Investment Bank, (AIIB) and ready, willing and able to flourish...Now finally, with the full and complete exit of US troops, along with the US Treasury/the IMF/BIS/UN influence, oversight and control, Iraq is free to revalue its currency however this sovereign nation decrees.
1-8-2022 Intel Guru Frank26 It's not a secret anymore...they're the ones that are talking about it and we're just repeating it...we're just waiting for them to show them the pictures [new small category notes]. Once they show them the pictures ...nanoseconds right after that, get ready.
1-8-2022 Newshound/Intel Guru Mnt Goat A government advisor announced that the budget of two thousand and twenty-two will be submitted to the new House of Representatives after its meeting. I do not think they are going to play around with this budget this time and takes months to pass. Since this is the first bill on their agenda we can see this is a priority.
1-8-2022 Intel Guru MarkZ [via PDK] [Will the dinar we hold become worthless?] Yes at some point it will…but after we have exchanged it at the increased rate or exchanged it for lower denomination- if you live in Iraq. At some point after the RV it will become worthless. After the RV it will become logistically impossible to have large note bills in circulation. The Iraqi dinar was worth $3.22 US before they invaded Kuwait. After that the Central banks around the world devalued this Iraqi dinar. What will happen now is they will reinstate the value…this is what we are waiting to happen in iraq. After the Vietnam war the same thing happened….It was valued at about $2.22 US before the war and it has not yet been reinstated either…this is a rare thing.
1-8-2022 Intel Guru Frank26 At any moment, I mean at any moment *snap*, I mean *snap* you can wake up and find the new exchange rate on the CBI website... [NOTE: You can always find the latest official CBI rate in the left column of this page.]
1-8-2022 Newshound Guru Vital Brad There's a big meeting this Sunday in Iraq...that's in the the news...happening on the 9th...Do we wake up this next weekend and all of a sudden Iraq is back on the international market? It's possible. It's absolutely possible...
1-8-2022 Newshound Guru Kaperoni The next 24 to 48 hours is critical as parliament will meet to confirm the results [Of the election]. Then we will have to see how fast they can put the next government together without interference.
1-8-2022 Intel Guru Fleming On Sunday morning, at 6 AM in Iraq, when announcements begin in the mosque, it will be 10 PM Saturday night on the Eastern US Coast, when this White Paper and the new Dinar rates, is published for all to see. Although Iraq’s banks will remain closed till Tuesday while this new currency adjustment begins in earnest. This is not a very long time to wait...Iraq has laid their plans, that are seemingly complete and well done. All will shortly be clearly demonstrated. Oh, what a wonderful time this is.
1-8-2022 Newshound/Intel Gurus Walkingstick and Frank26 The CBI is going to rent...electronic boards from the government of Iraq...they will plaster these new small category notes all over the place. These new small category note pictures will be the new graffiti in Iraq. It'll be on every wall that you can think of...the sighting of the new small category notes is getting closer to the eyes of the Iraqi citizens because IMO the new small category notes are now in the hands of all the private bank tellers...
1-8-2022 Newshound Guru Pimpy I just don't think you're going to see a huge RV or RI. That'd be too much of a shock to the system...I might be wrong...they might roll out and give us an RI or RV that's possible but I just don't see it happening. Not yet. I do think the rate change is going to get to a point that we all love, easy, in a short period of time...I don't do rates. I don't do dates but I think it's going to happen much more faster than people think.
1-8-2022 Intel Guru Fleming According to a senior official in the Central Bank of Iraq...Sunday, January 9, 2022, Iraq will make several historic announcements. The first and most important being, that Iraq is now an approved member of both the Arab Investment Bank, (AIB) and the Asian Infrastructure Investment Bank, (AIIB) and ready, willing and able to flourish...Now finally, with the full and complete exit of US troops, along with the US Treasury/the IMF/BIS/UN influence, oversight and control, Iraq is free to revalue its currency however this sovereign nation decrees.
1-8-2022 Intel Guru Frank26 It's not a secret anymore...they're the ones that are talking about it and we're just repeating it...we're just waiting for them to show them the pictures [new small category notes]. Once they show them the pictures ...nanoseconds right after that, get ready.
1-8-2022 Newshound/Intel Guru Mnt Goat A government advisor announced that the budget of two thousand and twenty-two will be submitted to the new House of Representatives after its meeting. I do not think they are going to play around with this budget this time and takes months to pass. Since this is the first bill on their agenda we can see this is a priority.
1-8-2022 Intel Guru MarkZ [via PDK] [Will the dinar we hold become worthless?] Yes at some point it will…but after we have exchanged it at the increased rate or exchanged it for lower denomination- if you live in Iraq. At some point after the RV it will become worthless. After the RV it will become logistically impossible to have large note bills in circulation. The Iraqi dinar was worth $3.22 US before they invaded Kuwait. After that the Central banks around the world devalued this Iraqi dinar. What will happen now is they will reinstate the value…this is what we are waiting to happen in iraq. After the Vietnam war the same thing happened….It was valued at about $2.22 US before the war and it has not yet been reinstated either…this is a rare thing.
1-9-2022 Dinar Guru News Update Former Governor of the Central Bank of Iraq Sinan Al Shabibi has died. He was governor from 2003 to 2012. Many feel he had been instrumental in the process to revalue the dinar. In 2012 it was believed he was moments away from revaluing the dinar when PM at the time Maliki derailed those plans and threatened his arrest if he stepped foot in Iraq again. Ole time dinar investors will always remember his public meeting in Washington where he candidly answered audience questions about the possible revaluation of the dinar. He will be remembered. The latest guru posts will continue below...
1-7-2022 Intel Guru Bruce [via WiserNow] ..Iraq is in a position for...forming a new government – they are about to bring out their new rate on Sunday again – they had one last Sunday – I don’t know if it will increase – I suspect it might go up – they have a nice in country rate ...the rate they are showing for us on our screens exceeds what Dr Shabibi projected for us... Now when it comes down to us and our timing...we do have it on very good authority that our side of the RV is how it was put – will start this weekend...Now that is referring to Saturday or Sunday – and to be completely safe – one additional source is saying it could be Sunday/Monday...these are from very highest of sources... So everybody hang in there and stay positive.
1-7-2022 Intel Guru MarkZ [via PDK] The news really has been great...The QFS [Quantum Financial System?] is definitely prepared...This is a methodical, planned rollout. We don’t know the exact timing but I can tell you they are making steady progress. This is coming from a contact that is as high up as you can get in the contintal US...I am personally excited where we are at now.
1-7-2022 Intel Guru Frank26 It's at the executive [bank] level...that's why I don't care about this, this, this, this or that. I only care about the new small category notes to be shown to the citizens of Iraq. Because deep in my heart IMO that's all I'm looking for now and waiting for. So is the IMF. Waiting for the same thing...
1-7-2022 Newshound/Intel Guru Mnt Goat The banks are NOT going to accept this currency unless it is traded on FOREX. I do not believe we need to see the final UN resolution releasing Iraq from Chapter 6 and 7. We get information today that the budget is their highest priority in the new session of parliament starting on Sunday. It is nice to see everything moving smoothly in this process. [post 2 of 2]
1-7-2022 Newshound/Intel Guru Mnt Goat Happy New Year! So, here we are in early January 2022. Are you excited? You should be! Many of us have been waiting for this period for this entire year. Remember once they open and begin spending this 2022 budget we are in trouble if we have not yet seen the reinstatement. I am still getting all indications that the Central Bank is planning to move ahead with the project to delete the zeros and we know this leads to the reinstatement. We need the reinstatement in order to go to the bank and exchange. [post 1 of 2....stay tuned]
1-7-2022 Newshound Guru Pimpy The future prospects of the issuing country affect the price of the currency...we know the political part started to become more stable...economic conditions, we seen that Iraq is starting to build up its private sector, trying to get away from oil. That is helping their GDP. There was good growth in 2021. They're expecting even better growth in 2022. That's why we pay attention to what's going on in politics and what's going on around the country...that's why we pay attention to the news... [Post 2 of 2]
1-7-2022 Newshound Guru Pimpy Points to remember: Price of the currency depends on supply and demand, speculation (that's us, People out there investing/speculating that it might go up or down...), the political and economic conditions of the issuing country...I'm just helping out you newbies... 'What does this have to do with the currency?' This is what it has to do with it. It's just not a matter of, 'Oh, it's there. That's the price.' No. There are other factors in there. [Post 1 of 2....stay tuned]
1-7-2022 Intel Guru MarkZ [via PDK] Iraq has already closed down their banking until Sunday. Also on Sunday they should be seating their new government. It seems like all eyes are on the 9th now, but I am not ruling out sooner. Redemption Center folks are on call this weekend. They don’t have to work…just be on call and within 50 miles of their location...I am thinking between the 9th and the 12th. But could be sooner. Article: “Global Bond rout intensifies as Fed prompts bet on faster hikes” I told you yesterday my best contact told us to “watch the bond markets” I believe we are on the precipice.
1-7-2022 Intel Guru Frank26 IMO the Central Bank of Iraq has completed its distribution of the new small category notes to all of its banks... 2. IMO the training of those in the banks have begun to train with the new small category notes that means all the banks have completed the training by now or it means the training is soon to end. 3. The cause and effect of 1 and 2 IMO means that the notes are now physically in the hands of the tellers to give to the citizens of Iraq...do you understand how close you are?
1-7-2022 Intel Guru Fleming The (new) Iraqi Government have put into place a formal plan to enter the world stage with a White Paper, scheduled to be published on January 9th, including the new 2022 Budget. The in-country-rate in Iraq, will be shown at a rate above $6.00. The international rate being discussed now, is projected to be higher than $11.00, if not double that rate. This is a negotiation determined by valuations for various assets which must be verified, qualified and quantified.
1-7-2022 Intel Guru MarkZ [via PDK] My banking contacts at the redemption centers will be “on call” this weekend. They are not scheduled to work…so that is a change. This is pretty much what I have on the RV front…. We are so close to the end…. And we were told long ago by the person who pulls the trigger for all the North American banking block that we would see a tremendous amount of disinformation and smoke as we got close to the end. And then he gave us a key piece. To “watch the bonds and watch the bond markets for an inversion” So that is what we are doing. He told us it would get crazy like this at the end…so seeing this craziness is a good sign.
1-7-2022 Intel Guru MarkZ [via PDK] The news really has been great...The QFS [Quantum Financial System?] is definitely prepared...This is a methodical, planned rollout. We don’t know the exact timing but I can tell you they are making steady progress. This is coming from a contact that is as high up as you can get in the contintal US...I am personally excited where we are at now.
1-7-2022 Intel Guru Frank26 It's at the executive [bank] level...that's why I don't care about this, this, this, this or that. I only care about the new small category notes to be shown to the citizens of Iraq. Because deep in my heart IMO that's all I'm looking for now and waiting for. So is the IMF. Waiting for the same thing...
1-7-2022 Newshound/Intel Guru Mnt Goat The banks are NOT going to accept this currency unless it is traded on FOREX. I do not believe we need to see the final UN resolution releasing Iraq from Chapter 6 and 7. We get information today that the budget is their highest priority in the new session of parliament starting on Sunday. It is nice to see everything moving smoothly in this process. [post 2 of 2]
1-7-2022 Newshound/Intel Guru Mnt Goat Happy New Year! So, here we are in early January 2022. Are you excited? You should be! Many of us have been waiting for this period for this entire year. Remember once they open and begin spending this 2022 budget we are in trouble if we have not yet seen the reinstatement. I am still getting all indications that the Central Bank is planning to move ahead with the project to delete the zeros and we know this leads to the reinstatement. We need the reinstatement in order to go to the bank and exchange. [post 1 of 2....stay tuned]
1-7-2022 Newshound Guru Pimpy The future prospects of the issuing country affect the price of the currency...we know the political part started to become more stable...economic conditions, we seen that Iraq is starting to build up its private sector, trying to get away from oil. That is helping their GDP. There was good growth in 2021. They're expecting even better growth in 2022. That's why we pay attention to what's going on in politics and what's going on around the country...that's why we pay attention to the news... [Post 2 of 2]
1-7-2022 Newshound Guru Pimpy Points to remember: Price of the currency depends on supply and demand, speculation (that's us, People out there investing/speculating that it might go up or down...), the political and economic conditions of the issuing country...I'm just helping out you newbies... 'What does this have to do with the currency?' This is what it has to do with it. It's just not a matter of, 'Oh, it's there. That's the price.' No. There are other factors in there. [Post 1 of 2....stay tuned]
1-7-2022 Intel Guru MarkZ [via PDK] Iraq has already closed down their banking until Sunday. Also on Sunday they should be seating their new government. It seems like all eyes are on the 9th now, but I am not ruling out sooner. Redemption Center folks are on call this weekend. They don’t have to work…just be on call and within 50 miles of their location...I am thinking between the 9th and the 12th. But could be sooner. Article: “Global Bond rout intensifies as Fed prompts bet on faster hikes” I told you yesterday my best contact told us to “watch the bond markets” I believe we are on the precipice.
1-7-2022 Intel Guru Frank26 IMO the Central Bank of Iraq has completed its distribution of the new small category notes to all of its banks... 2. IMO the training of those in the banks have begun to train with the new small category notes that means all the banks have completed the training by now or it means the training is soon to end. 3. The cause and effect of 1 and 2 IMO means that the notes are now physically in the hands of the tellers to give to the citizens of Iraq...do you understand how close you are?
1-7-2022 Intel Guru Fleming The (new) Iraqi Government have put into place a formal plan to enter the world stage with a White Paper, scheduled to be published on January 9th, including the new 2022 Budget. The in-country-rate in Iraq, will be shown at a rate above $6.00. The international rate being discussed now, is projected to be higher than $11.00, if not double that rate. This is a negotiation determined by valuations for various assets which must be verified, qualified and quantified.
1-7-2022 Intel Guru MarkZ [via PDK] My banking contacts at the redemption centers will be “on call” this weekend. They are not scheduled to work…so that is a change. This is pretty much what I have on the RV front…. We are so close to the end…. And we were told long ago by the person who pulls the trigger for all the North American banking block that we would see a tremendous amount of disinformation and smoke as we got close to the end. And then he gave us a key piece. To “watch the bonds and watch the bond markets for an inversion” So that is what we are doing. He told us it would get crazy like this at the end…so seeing this craziness is a good sign.
1-6-2022 Intel Guru MarkZ [via PDK] [Is it true the dinar is currently at $6?] I am not seeing it at $6. My banking folks are seeing it fluctuate right now from $3.81 as high as $14…but we do not know what the final rate will be. No final rate is locked in yet….
1-6-2022 Newshound Guru MilitiaMan ...after having met the obligations of compensation to Kuwait, there will and should be that Iraq will be able to interlink global banking and with that comes and international rate to be applied. The banks are now closed until Sunday in Iraq, if I have that correct and there are no new holidays? lol Add in, the UAE is to link their monetary, governmental and financial work week with the rest of the world tomorrow. ...So, it is my view that there may still be opportunity for us to see this over with by and or over the weekend into early next week, imo.
1-6-2022 Newshound Guru Petra It's the CBI that has responsibility for the rate. Set that whole thing aside about forming the government...the first thing they're gonna do I think the leadership is to go right after the budget...get it knocked out...the budget needs the rate...at this point in time we're just waiting for those nice little notes to show up. That's what we're waiting for...and with that obviously would come the rate...
1-6-2022 Intel Guru Frank26 I believe you are going to hit a high $3 or even possible low $4. In other words a rate of 3 to 1 or maybe 4 to 1 internationally which would reflect inside of your country as well...IMO you are going to float the moment that they announce that you are clear of Chapter 7 and Chapter 6...because you already paid Kuwait this announcement is coming. [Post 2 of 2]
1-6-2022 Intel Guru Frank26 What the governor of the CBI is telling you [Iraqi citizens] is that right now you have a fixed rate but it stinks. It's a program rate. It's worthless. Now, soon the Iraqi dinar will de-peg from the American dollar and go on par with it at a fixed rate of 1 to 1 internationally. It is at that point where the global communities will buy, trade and sell in using the Iraqi dinar causing it to go up in value like the other middle eastern countries around you. [Post 1 of 2...stay tuned]
1-6-2022 Intel Guru MarkZ [via PDK] News out of Iraq is still very positive. They are saying lower denominations are prepared and they want to change the rate. It could be anytime. I am still hearing from Iraq it could go before the 9th… Don’t be in the doldrums today. We are going to get across the line. Wish I had more for you but it has been very quiet. The quiet before the storm???…the dark before the dawn???
1-6-2022 Newshound Guru Pimpy The election is done, over with, finalized. We have the first session coming up. We have talk about the rate change happening. No numbers are being thrown around. My thought is they'll at least restore it back to where it was before...from 1450 dinars back to 1190 dinars. I know for a lot of people they're like, 'oh that sucks. That's not what I wanted.' As long as it's going in the right direction be happy. As long as they continue down the path follow the white reform papers it seems to me that these increases are going to happen frequently and at a much bigger chunk than that little jump right there...
1-6-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: There is a rumor that the exchange rate will go down from 1460 to between 800 to 1000. That's the rumor that's going around between bankers. We are not sure. We just heard this. He said it would be a process... FRANK: ...This is a rumor. He's right. IMO...
1-6-2022 Intel Guru MarkZ [via PDK] I am hearing our turn is anywhere from late this week to the 15th... I contacted 3 different Iraqi contacts, and they are expecting between the 9th and the 15th. I’m not saying it can’t happen sooner…just what they expect right now. I am not ruling out this week at all.
1-6-2022 Newshound Guru MilitiaMan ...after having met the obligations of compensation to Kuwait, there will and should be that Iraq will be able to interlink global banking and with that comes and international rate to be applied. The banks are now closed until Sunday in Iraq, if I have that correct and there are no new holidays? lol Add in, the UAE is to link their monetary, governmental and financial work week with the rest of the world tomorrow. ...So, it is my view that there may still be opportunity for us to see this over with by and or over the weekend into early next week, imo.
1-6-2022 Newshound Guru Petra It's the CBI that has responsibility for the rate. Set that whole thing aside about forming the government...the first thing they're gonna do I think the leadership is to go right after the budget...get it knocked out...the budget needs the rate...at this point in time we're just waiting for those nice little notes to show up. That's what we're waiting for...and with that obviously would come the rate...
1-6-2022 Intel Guru Frank26 I believe you are going to hit a high $3 or even possible low $4. In other words a rate of 3 to 1 or maybe 4 to 1 internationally which would reflect inside of your country as well...IMO you are going to float the moment that they announce that you are clear of Chapter 7 and Chapter 6...because you already paid Kuwait this announcement is coming. [Post 2 of 2]
1-6-2022 Intel Guru Frank26 What the governor of the CBI is telling you [Iraqi citizens] is that right now you have a fixed rate but it stinks. It's a program rate. It's worthless. Now, soon the Iraqi dinar will de-peg from the American dollar and go on par with it at a fixed rate of 1 to 1 internationally. It is at that point where the global communities will buy, trade and sell in using the Iraqi dinar causing it to go up in value like the other middle eastern countries around you. [Post 1 of 2...stay tuned]
1-6-2022 Intel Guru MarkZ [via PDK] News out of Iraq is still very positive. They are saying lower denominations are prepared and they want to change the rate. It could be anytime. I am still hearing from Iraq it could go before the 9th… Don’t be in the doldrums today. We are going to get across the line. Wish I had more for you but it has been very quiet. The quiet before the storm???…the dark before the dawn???
1-6-2022 Newshound Guru Pimpy The election is done, over with, finalized. We have the first session coming up. We have talk about the rate change happening. No numbers are being thrown around. My thought is they'll at least restore it back to where it was before...from 1450 dinars back to 1190 dinars. I know for a lot of people they're like, 'oh that sucks. That's not what I wanted.' As long as it's going in the right direction be happy. As long as they continue down the path follow the white reform papers it seems to me that these increases are going to happen frequently and at a much bigger chunk than that little jump right there...
1-6-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: There is a rumor that the exchange rate will go down from 1460 to between 800 to 1000. That's the rumor that's going around between bankers. We are not sure. We just heard this. He said it would be a process... FRANK: ...This is a rumor. He's right. IMO...
1-6-2022 Intel Guru MarkZ [via PDK] I am hearing our turn is anywhere from late this week to the 15th... I contacted 3 different Iraqi contacts, and they are expecting between the 9th and the 15th. I’m not saying it can’t happen sooner…just what they expect right now. I am not ruling out this week at all.
1-5-2022 Intel Guru Bruce ...Iraq is supposed to bring out their new rate again – they’ve already brought one out last Sunday – and it’s already in excess of what Dr Shabibi said our value would be on the Dinar...They are coming out with either an updated version of that Sunday as well as the introduction of their new government...So we are supposed to be launched prior to that – that means realistically – we should be there Wednesday – Thursday – Friday – or Saturday... we can’t absolutely pin it down but things are moving through...I think we are...at a very short waiting time...We know the rates are going to be very strong – we are not going to be concerned about that...
1-5-2022 Intel Guru Frank26 What does it mean to float? Or how can Iraq float the currency internationally? The answer was if you had Chapter VII completed. If you had all Chapter 6 completed. If you had Kuwait say you don't owe us anything and they have. That's why we're at that next step. IMO it's what the CBI has told the executive level to tell the branch levels, the tellers, to tell the citizens.
1-5-2022 Newshound Guru Pimpy Article "Mazhar Salih: The government may make changes to the exchange rate, and the dues of Resolution 15 are guaranteed" The government cannot change the exchange rate...the Central Bank of Iraq is separate than the Iraqi government. They can make requests, they can pressure them, but it is up to the central bank of Iraq ...
1-5-2022 Newshound Guru Kaperoni Every once in a while you get someone who brings up a Global Currency Reset. It is utter nonsense as I stated numerous times most currencies in the world already float so they are already priced where they should be. In other words there is no such thing.
1-5-2022 Newshound Guru Militiaman The CBI - they're the ones that are in charge of the monetary reform. It's not the government...the government agrees... [Note: You can always see the CBI's latest official dinar rate in the left column of this page.]
1-5-2022 Intel Guru Frank26 IMO the CBI is preparing to show the citizens of Iraq the new small category notes in a picture poster form and then they'll massively advertise it all over Iraq on billboards, television, newspapers and the mosques-everywhere/anywhere they can...it will be all over the place.
1-5-2022 Intel Guru MarkZ [via PDK] The news that we do have is coming out of the bond side. Literally all of my bond contacts believe they will have full access to any funds they have not received yet -TODAY... I pray this happens guys…this means the RV is very close… They would not release those funds otherwise...The bond side right now is our canary in the mine shaft and I am watching it closely.
1-5-2022 Newshound Guru Pimpy Article: "Parliament sets the Great Hall of the Council as a place for its first session next Sunday". Looks like parliament is set to go ahead and hold their first session which will happen this Sunday. From there remember they appoint the speaker first, the deputies and then they announce the nominee for president. Salih has done a good job hopefully gets back in there...it's January 9th...
1-5-2022 Intel Guru Frank26 Who is the CBI now meeting with? They met with the U.S. Treasury for about 3 months in a row every Saturday. They then stopped meeting them and about a month ago they started just meeting with the executive level [of Iraqi banks]...
1-5-2022 Intel Guru MarkZ [via PDK] The acting minister...made a comment there [Iraq] on Sunday that they do not need the government to be sat in order for the rate to change or to “adjust the values” of the dinar...Everyone just stay positive…we are very close…
1-5-2022 Intel Guru Frank26 What does it mean to float? Or how can Iraq float the currency internationally? The answer was if you had Chapter VII completed. If you had all Chapter 6 completed. If you had Kuwait say you don't owe us anything and they have. That's why we're at that next step. IMO it's what the CBI has told the executive level to tell the branch levels, the tellers, to tell the citizens.
1-5-2022 Newshound Guru Pimpy Article "Mazhar Salih: The government may make changes to the exchange rate, and the dues of Resolution 15 are guaranteed" The government cannot change the exchange rate...the Central Bank of Iraq is separate than the Iraqi government. They can make requests, they can pressure them, but it is up to the central bank of Iraq ...
1-5-2022 Newshound Guru Kaperoni Every once in a while you get someone who brings up a Global Currency Reset. It is utter nonsense as I stated numerous times most currencies in the world already float so they are already priced where they should be. In other words there is no such thing.
1-5-2022 Newshound Guru Militiaman The CBI - they're the ones that are in charge of the monetary reform. It's not the government...the government agrees... [Note: You can always see the CBI's latest official dinar rate in the left column of this page.]
1-5-2022 Intel Guru Frank26 IMO the CBI is preparing to show the citizens of Iraq the new small category notes in a picture poster form and then they'll massively advertise it all over Iraq on billboards, television, newspapers and the mosques-everywhere/anywhere they can...it will be all over the place.
1-5-2022 Intel Guru MarkZ [via PDK] The news that we do have is coming out of the bond side. Literally all of my bond contacts believe they will have full access to any funds they have not received yet -TODAY... I pray this happens guys…this means the RV is very close… They would not release those funds otherwise...The bond side right now is our canary in the mine shaft and I am watching it closely.
1-5-2022 Newshound Guru Pimpy Article: "Parliament sets the Great Hall of the Council as a place for its first session next Sunday". Looks like parliament is set to go ahead and hold their first session which will happen this Sunday. From there remember they appoint the speaker first, the deputies and then they announce the nominee for president. Salih has done a good job hopefully gets back in there...it's January 9th...
1-5-2022 Intel Guru Frank26 Who is the CBI now meeting with? They met with the U.S. Treasury for about 3 months in a row every Saturday. They then stopped meeting them and about a month ago they started just meeting with the executive level [of Iraqi banks]...
1-5-2022 Intel Guru MarkZ [via PDK] The acting minister...made a comment there [Iraq] on Sunday that they do not need the government to be sat in order for the rate to change or to “adjust the values” of the dinar...Everyone just stay positive…we are very close…
1-4-2022 Intel Guru Frank26 From December 20th to January 9th - the education continues and they were to show the new small category notes to the citizens IMO. I pray it happens that way. If it doesn't happen well I was wrong...you want to chastise me that's okay...From the 9th of January onward you got the GOI seated officially...the three presidents...
1-4-2022 Intel Guru Fleming ...We owe a HUGE THANK YOU, Iraq for moving forward with its revalued IQD in-country rate!...The Iraqi’s new Golden Dinar will take the global stage sometime through the 10th to the 15th even though they have announcements planned for the 22nd. The plan at this time is to go GLOBAL immediately with an impressive rate of over $6.00 US...
1-4-2022 Intel Guru Holly ...This is a fluid event and changes daily...We are in the final stage...We are almost there. Do not give up ever! No matter how difficult it gets, hang in there!
1-4-2022 Newshound Guru Kaperoni An article came out tonight referencing Iraq's economic successes in 2021. Primarily Iraq still has not achieved any significant steps to diversify their economy. Until that happens, there will be no change in the dinar...Iraq could be many many months away from changing the current monetary policy. Until a new government is in place, Iraq passes the laws necessary for foreign investment, and until they continue to build a diverse economy there will be no change.
1-4-2022 Intel Guru Frank26 Article: "Likely to change the dollar exchange..Saleh: the government will amend the 2022 budget," It's nice to see this same individual no longer spreading lies that it's never going to happen - you're [Iraqi's] never going to have purchasing power. This canary is singing a new tune.
1-4-2022 Newshound Guru Petra Why they had to do two weeks of inventory right before the end of the year? ...the banks have been closed the last two weekends. The bank people had to be there to do "inventory" but it's a joke. Something is being hidden because something is being done in the background to true-up so that when the new rate does come out they're ready to rock and roll to exchange the old currency for the new...I think that's what's being lined up IMO... [Post 2 of 2]
1-4-2022 Newshound Guru Petra [Iraqi banks have been closed the past two weekends] Banks at the end of the day ledger-up all their funds. Every teller goes and takes their drawer and they go and count it, rectify it and make sure there's nothing short. They put those drawers in the vault and ready for the the next day. That information is sent to the Central Bank...For people to say we're going to take 2 weeks off to do all this accounting? Friends that accounting is done every day...Now they have a quarterly but it's all electronic now. It happens in one day... [Post 1 of 2....stay tuned]
1-4-2022 Newshound Guru Pimpy Article: "Sources: Al Sadr presents two candidates to head the government, and the likelihood is for Al-Kazemi" This article here is major...Sadr is playing 5D chess and the rest of the people are trying to catch up...whatever this move is by Sadr it seems genius - put somebody up there with him [Kazemi] that is less liked and see what they say. It looks like Al-Kazemi is going to get back in there.
1-4-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Saleh on the news today saying that the next government will make changes to the exchange rate. He also said the 2022 budget is waiting for the next government to be seated and that will be the very first thing we're going to do...even if approval is delayed current payout will stay until the new exchange rate is presented by the government. FRANK: I mean talk about a confession...there will be a new exchange rate, they will change the exchange rate that they have when the budget is done and when they sit the 3 presidents...the change is coming...the CBI gave the GOI the new exchange rate. That's why you're about to see the new small category notes because the exchange rate will follow right behind it or right next to it.
1-4-2021 Intel Guru MarkZ [via PDK] I hate to say it but looks like a serious nothing burger overnight. I rather expected it would be... no news from Iraq. I have spoken to many contacts since yesterday evening…They are all waiting like we are…. They believe the trigger will be pulled within the next 2 days. I am hopeful they are correct. Remember no one knows the exact timing...
1-4-2022 Intel Guru Holly ...Remember, This RV/GCR has never been done before...We are in the final stage of the roll out...I know it is very frustrating and we are beyond tired, but it will be done this month...
1-4-2022 Intel Guru Fleming ...We owe a HUGE THANK YOU, Iraq for moving forward with its revalued IQD in-country rate!...The Iraqi’s new Golden Dinar will take the global stage sometime through the 10th to the 15th even though they have announcements planned for the 22nd. The plan at this time is to go GLOBAL immediately with an impressive rate of over $6.00 US...
1-4-2022 Intel Guru Holly ...This is a fluid event and changes daily...We are in the final stage...We are almost there. Do not give up ever! No matter how difficult it gets, hang in there!
1-4-2022 Newshound Guru Kaperoni An article came out tonight referencing Iraq's economic successes in 2021. Primarily Iraq still has not achieved any significant steps to diversify their economy. Until that happens, there will be no change in the dinar...Iraq could be many many months away from changing the current monetary policy. Until a new government is in place, Iraq passes the laws necessary for foreign investment, and until they continue to build a diverse economy there will be no change.
1-4-2022 Intel Guru Frank26 Article: "Likely to change the dollar exchange..Saleh: the government will amend the 2022 budget," It's nice to see this same individual no longer spreading lies that it's never going to happen - you're [Iraqi's] never going to have purchasing power. This canary is singing a new tune.
1-4-2022 Newshound Guru Petra Why they had to do two weeks of inventory right before the end of the year? ...the banks have been closed the last two weekends. The bank people had to be there to do "inventory" but it's a joke. Something is being hidden because something is being done in the background to true-up so that when the new rate does come out they're ready to rock and roll to exchange the old currency for the new...I think that's what's being lined up IMO... [Post 2 of 2]
1-4-2022 Newshound Guru Petra [Iraqi banks have been closed the past two weekends] Banks at the end of the day ledger-up all their funds. Every teller goes and takes their drawer and they go and count it, rectify it and make sure there's nothing short. They put those drawers in the vault and ready for the the next day. That information is sent to the Central Bank...For people to say we're going to take 2 weeks off to do all this accounting? Friends that accounting is done every day...Now they have a quarterly but it's all electronic now. It happens in one day... [Post 1 of 2....stay tuned]
1-4-2022 Newshound Guru Pimpy Article: "Sources: Al Sadr presents two candidates to head the government, and the likelihood is for Al-Kazemi" This article here is major...Sadr is playing 5D chess and the rest of the people are trying to catch up...whatever this move is by Sadr it seems genius - put somebody up there with him [Kazemi] that is less liked and see what they say. It looks like Al-Kazemi is going to get back in there.
1-4-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Saleh on the news today saying that the next government will make changes to the exchange rate. He also said the 2022 budget is waiting for the next government to be seated and that will be the very first thing we're going to do...even if approval is delayed current payout will stay until the new exchange rate is presented by the government. FRANK: I mean talk about a confession...there will be a new exchange rate, they will change the exchange rate that they have when the budget is done and when they sit the 3 presidents...the change is coming...the CBI gave the GOI the new exchange rate. That's why you're about to see the new small category notes because the exchange rate will follow right behind it or right next to it.
1-4-2021 Intel Guru MarkZ [via PDK] I hate to say it but looks like a serious nothing burger overnight. I rather expected it would be... no news from Iraq. I have spoken to many contacts since yesterday evening…They are all waiting like we are…. They believe the trigger will be pulled within the next 2 days. I am hopeful they are correct. Remember no one knows the exact timing...
1-4-2022 Intel Guru Holly ...Remember, This RV/GCR has never been done before...We are in the final stage of the roll out...I know it is very frustrating and we are beyond tired, but it will be done this month...
1-3-2022 Intel Guru MarkZ [via PDK] I do not know what to expect yet from the redemption/currency centers. They do not know what to expect either…but, they do know they will be working all week...the biggest news is from Iraq that they are seating their Gov. on the 9th and they can release the new rate before that happens...I believe this tells us that “any moment” is in play right now...all my sources say we are at “any moment” …almost all of them say it could happen anytime…except one Iraqi source thinks it could be as late as the 12th….
1-3-2022 Intel Guru Frank26 What am I looking for? The new small category notes...nothing else...it's in motion. You may say 'I don't see the new exchange rate.' It's in motion. 'I don't see the new small category notes.' It's in motion...the monetary reform is being presented to the citizens of Iraq. Not to you. Not to the international community. That's already been done...
1-3-2022 Guru Nader From The Mid East Three things and it's happening now. The army leaving, chapter 7 almost done. The government's gonna take place.
1-3-2022 Intel Guru Holly News has been quiet all weekend. It always is, but this weekend has been especially quiet. It’s always a good sign when things go quiet. All is done and all we can do is wait patiently for it to get to our turn. We are on the final yard line just waiting to cross the finish line. All sources have indicated that this week all should happen.
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1-3-2022 Intel Guru Frank26 Right now they're trying to teach them that their currency is about to float because they're international. Because they're going to be 1 to 1 with the American dollar and because there are no more foreign troops in their land...
1-3-2022 Newshound Guru Breitling There's always going to be turmoil in Iraq. So you can't be hyper sensitive and any bomb that goes off 'Oh my God Iran's about to take over.' You can't do that. You have to look at what parliament, the Ministers of Planning, The Ministry of Finance, what they're doing/what they're setting up. Internationally they're setting their currency up. That's a big indicator. That's how you know...
1-3-2022 Intel Guru MarkZ [via PDK] We are sitting on the edge of our seats... I believe we are in the perfect spot for this to happen. The majority of people who need to be are now back in position for this to happen.
1-3-2022 Intel Guru Frank26 I'm not offering you a date of when this investment is going to mature. You know who is? The CBI...I'm not offering you a rate of it's going to be inside the country. I'm not offering you a rate or what it's going to be when they float the currency outside the country. The CBI is. Because you're good students you already know the answers to all these questions don't you...The CBI didn't tell us anything/wouldn't tell us anything...but now they are...I'm telling you we are beyond close.
1-3-2022 Newshound Guru Pimpy Article: "The withdrawal of the combat forces is historic achievement" We know now that the American and international coalition forces are now out of Iraq. If they're out of Iraq there you go Iraq congratulations your sovereignty is restored.
1-3-2022 Intel Guru Frank26 What am I looking for? The new small category notes...nothing else...it's in motion. You may say 'I don't see the new exchange rate.' It's in motion. 'I don't see the new small category notes.' It's in motion...the monetary reform is being presented to the citizens of Iraq. Not to you. Not to the international community. That's already been done...
1-3-2022 Guru Nader From The Mid East Three things and it's happening now. The army leaving, chapter 7 almost done. The government's gonna take place.
1-3-2022 Intel Guru Holly News has been quiet all weekend. It always is, but this weekend has been especially quiet. It’s always a good sign when things go quiet. All is done and all we can do is wait patiently for it to get to our turn. We are on the final yard line just waiting to cross the finish line. All sources have indicated that this week all should happen.
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1-3-2022 Intel Guru Frank26 Right now they're trying to teach them that their currency is about to float because they're international. Because they're going to be 1 to 1 with the American dollar and because there are no more foreign troops in their land...
1-3-2022 Newshound Guru Breitling There's always going to be turmoil in Iraq. So you can't be hyper sensitive and any bomb that goes off 'Oh my God Iran's about to take over.' You can't do that. You have to look at what parliament, the Ministers of Planning, The Ministry of Finance, what they're doing/what they're setting up. Internationally they're setting their currency up. That's a big indicator. That's how you know...
1-3-2022 Intel Guru MarkZ [via PDK] We are sitting on the edge of our seats... I believe we are in the perfect spot for this to happen. The majority of people who need to be are now back in position for this to happen.
1-3-2022 Intel Guru Frank26 I'm not offering you a date of when this investment is going to mature. You know who is? The CBI...I'm not offering you a rate of it's going to be inside the country. I'm not offering you a rate or what it's going to be when they float the currency outside the country. The CBI is. Because you're good students you already know the answers to all these questions don't you...The CBI didn't tell us anything/wouldn't tell us anything...but now they are...I'm telling you we are beyond close.
1-3-2022 Newshound Guru Pimpy Article: "The withdrawal of the combat forces is historic achievement" We know now that the American and international coalition forces are now out of Iraq. If they're out of Iraq there you go Iraq congratulations your sovereignty is restored.
1-2-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: The CBI is really talking a lot...on the news...talking about CBI is expanding inside of Iraq and into Saudi Arabia... FRANK No. Into the whole world... FIREFLY: ...then this economic expert comes out and he says we got a fixed rate for the dinar but that's bad. FRANK: You see the program rate it's a fixed rate. FIREFLY: ...because it causes problems. And the answer is to float...says Iraq need to go and start by going to 1300... FRANK: This is an economic guy...the solution he's offering it's true but the rate that he's offering...1300...if you've got that time to waste knock yourself out Mr. Economist but Iraq doesn't. They've already run out of time.
1-2-2022 Newshound/Intel Guru Walkingstick [via Frank26] A fixed exchange rate controls the nominal exchange rate that is set by the CBI. Whereas a float is determined by the foreign exchange markets by supply and demand of the Real Effective Exchange Rate that will fluctuate during its float...A float is basically a more accurate reflection of a currency's value and that's why the CBI will soon de-peg and float for its Real Effective Exchange Rate.
1-2-2022 Intel Guru Frank26 You [Iraqi citizens] have to realize your currency is about to float. That's what they're trying to teach you. It's part of your education process right now. When it does float and they reinstate the value this education is going to get louder for you...float means you are officially free from Kuwait...the fact that your currency is about to float is incredible...this is basically the announcement of your purchasing power...
1-2-2022 Newshound Guru Breitling The question is how much do you get to keep...because we'll be taxed. People who don't pay their taxes and wait, they're going to have their asses handed to them. I kid you not it's going to be a bloodbath. [Check with your tax professional at the appropriate time.]
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1-2-2022 Intel Guru Holly ...I am being told is all is done and this week all starts!...
1-2-2022 Intel Guru Frank26 What did I tell you would equal a float? When they are out of Chapter VII...Chapter VII is like a whole banana. There are parts of chapter VII that are still not released. Turns out there's just one part of this United Nations Security Council sanction rate that they're doing...there's only one chapter left - Chapter 6. What is Chapter 6? Full compensation to Kuwait. That's done.
1-2-2022 Newshound Guru Sandy Ingram Article: "Iraqi president calls on elect lawmakers to convene on January 9 for first session" The results were finally ratified in the past week after a long delay. The parliament will begin the process to elect a new Prime Minister. Many are hoping for the current PM to remain in office...decisions made now could affect the future of our investment in Iraq.
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1-2-2022 Newshound/Intel Guru Walkingstick [via Frank26] A fixed exchange rate controls the nominal exchange rate that is set by the CBI. Whereas a float is determined by the foreign exchange markets by supply and demand of the Real Effective Exchange Rate that will fluctuate during its float...A float is basically a more accurate reflection of a currency's value and that's why the CBI will soon de-peg and float for its Real Effective Exchange Rate.
1-2-2022 Intel Guru Frank26 You [Iraqi citizens] have to realize your currency is about to float. That's what they're trying to teach you. It's part of your education process right now. When it does float and they reinstate the value this education is going to get louder for you...float means you are officially free from Kuwait...the fact that your currency is about to float is incredible...this is basically the announcement of your purchasing power...
1-2-2022 Newshound Guru Breitling The question is how much do you get to keep...because we'll be taxed. People who don't pay their taxes and wait, they're going to have their asses handed to them. I kid you not it's going to be a bloodbath. [Check with your tax professional at the appropriate time.]
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1-2-2022 Intel Guru Holly ...I am being told is all is done and this week all starts!...
1-2-2022 Intel Guru Frank26 What did I tell you would equal a float? When they are out of Chapter VII...Chapter VII is like a whole banana. There are parts of chapter VII that are still not released. Turns out there's just one part of this United Nations Security Council sanction rate that they're doing...there's only one chapter left - Chapter 6. What is Chapter 6? Full compensation to Kuwait. That's done.
1-2-2022 Newshound Guru Sandy Ingram Article: "Iraqi president calls on elect lawmakers to convene on January 9 for first session" The results were finally ratified in the past week after a long delay. The parliament will begin the process to elect a new Prime Minister. Many are hoping for the current PM to remain in office...decisions made now could affect the future of our investment in Iraq.
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1-2-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: Kazemi is saying the CBI has gained 12 Billion dollars even though they have been through a pandemic...and they're saying it's all because of the white papers. Then the Finance Minister is saying Iraq needs a true reflection of their exchange rate and they keep saying to us that Iraq is losing billion daily by not having a true rate. FRANK: ...Kazemi is waiting for Mustafa to release the new exchange rate... remember they told you they would show you the new exchange rate at the early part of next year [2022] ...every day they drill into your education that you're about to receive a new exchange rate and a new currency...
1-1-2022 Newshound/Intel Guru Walkingsick [via Guru Frank26] It's not like we're making a laundry list anymore...there's not much to list. We want them to give them the new small category notes and then float. The monetary reform is standing strong and is in motion in front of the whole world. Like King Kong pouring his chest and roaring.
1-1-2022 Newshound/Intel Guru Mnt Goat This means for instance a 25,000 dinar note exchanged for a 25 dinar note. Once the new rate was on FOREX, holders of the larger notes outside of Iraq would be allowed to exchange them for a period of time. This time period of 10 years was not precise and could be extended. In short, we know the currency we hold will be exchanged for the rate on FOREX because they told us so. Remember this is different in Iraq . There is no RV like we are looking for within the country. Remember Executive order 13303 allowed the U.S. to invest in this currency and the government could have stopped the import of these dinars at anytime if this was a scam. It is figured that 10 million people now hold these notes in some extent. Most just a few notes. [post 2 of 2]
1-1-2022 Newshound/Intel Guru Mnt Goat Many disbelievers still ask me “how can we be sure that Iraq does not redenominate to the lower denominations and then discontinue these older three zero notes, leaving us holding the bag”?...To answer this question, you must go back to 2011 when the plan was first exposed to us for the process to get to the reinstatement (currency reform) by the Central Bank, World Bank and the IMF. At this time, it was told to the Iraqi people... It was very clear in the articles at that time and later confirmed by Dr Shababi in interviews in 2015. What they told us was that these large three notes would stay as valid currency but no longer be in public circulation or use. They would be used solely for “inter-banking” transactions. There would be a collection process prior and the 1:1 exchange would take place within Iraq. [post 1 of 2....stay tuned]
1-1-2022 Intel Guru Frank26 While we wait for the new small category notes to be shown to the citizens in sample forms first the education is now teaching very deeply about the float...they told them they were going to de-peg from the American dollar and go on par and float it 1 to 1...we are at the point where the bullets are not being put in the gun but they're actually being fired and traveling down the barrel to the target because the Middle East basket is extremely crucial for the Middle East itself...this basket would not invite a currency at a program rate...it would drag the other currencies that are in that basket and devalue their currency...
1-1-2022 Intel Guru Holly ...This New Year is to be our year to shine and have all we have waited for come to completion! The news has been overwhelming that soon we will see something this coming week...All we can do at this point is wait for it to show up! Many blessings to you all!
1-1-2022 Guru Nader From The Mid East The rate is going to start falling soon [NOTE: Falling means an increase in value.]...it's going to be unstoppable so get ready. Exactly when? I don't know but it's gonna be in the end of January beginning of February. I hope it happens. I hope no problems.
1-1-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: Saleh is on the news today and he's saying that the next government will make changes to the exchange rate and that the 2022 budget is waiting for the next government to be seated and that will be the first that they're going to vote on as soon as they sit down...said exchange rate was up to the CBI to change and today Saleh tells us government will change the exchange rate in the next budget.
1-1-2022 Intel Guru MarkZ [via PDK] Looks like a mad dash to next week. I think its going to be one heck of a January based on what I am hearing. So far we have continuous confirmations of things starting today and rolling heavily to mid month to complete the process of the reset. To complete the process we all have to have exchanged our currencies. Meaning we should all exchange our currencies before mid month…
1-1-2022 Newshound/Intel Guru Walkingsick [via Guru Frank26] It's not like we're making a laundry list anymore...there's not much to list. We want them to give them the new small category notes and then float. The monetary reform is standing strong and is in motion in front of the whole world. Like King Kong pouring his chest and roaring.
1-1-2022 Newshound/Intel Guru Mnt Goat This means for instance a 25,000 dinar note exchanged for a 25 dinar note. Once the new rate was on FOREX, holders of the larger notes outside of Iraq would be allowed to exchange them for a period of time. This time period of 10 years was not precise and could be extended. In short, we know the currency we hold will be exchanged for the rate on FOREX because they told us so. Remember this is different in Iraq . There is no RV like we are looking for within the country. Remember Executive order 13303 allowed the U.S. to invest in this currency and the government could have stopped the import of these dinars at anytime if this was a scam. It is figured that 10 million people now hold these notes in some extent. Most just a few notes. [post 2 of 2]
1-1-2022 Newshound/Intel Guru Mnt Goat Many disbelievers still ask me “how can we be sure that Iraq does not redenominate to the lower denominations and then discontinue these older three zero notes, leaving us holding the bag”?...To answer this question, you must go back to 2011 when the plan was first exposed to us for the process to get to the reinstatement (currency reform) by the Central Bank, World Bank and the IMF. At this time, it was told to the Iraqi people... It was very clear in the articles at that time and later confirmed by Dr Shababi in interviews in 2015. What they told us was that these large three notes would stay as valid currency but no longer be in public circulation or use. They would be used solely for “inter-banking” transactions. There would be a collection process prior and the 1:1 exchange would take place within Iraq. [post 1 of 2....stay tuned]
1-1-2022 Intel Guru Frank26 While we wait for the new small category notes to be shown to the citizens in sample forms first the education is now teaching very deeply about the float...they told them they were going to de-peg from the American dollar and go on par and float it 1 to 1...we are at the point where the bullets are not being put in the gun but they're actually being fired and traveling down the barrel to the target because the Middle East basket is extremely crucial for the Middle East itself...this basket would not invite a currency at a program rate...it would drag the other currencies that are in that basket and devalue their currency...
1-1-2022 Intel Guru Holly ...This New Year is to be our year to shine and have all we have waited for come to completion! The news has been overwhelming that soon we will see something this coming week...All we can do at this point is wait for it to show up! Many blessings to you all!
1-1-2022 Guru Nader From The Mid East The rate is going to start falling soon [NOTE: Falling means an increase in value.]...it's going to be unstoppable so get ready. Exactly when? I don't know but it's gonna be in the end of January beginning of February. I hope it happens. I hope no problems.
1-1-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: Saleh is on the news today and he's saying that the next government will make changes to the exchange rate and that the 2022 budget is waiting for the next government to be seated and that will be the first that they're going to vote on as soon as they sit down...said exchange rate was up to the CBI to change and today Saleh tells us government will change the exchange rate in the next budget.
1-1-2022 Intel Guru MarkZ [via PDK] Looks like a mad dash to next week. I think its going to be one heck of a January based on what I am hearing. So far we have continuous confirmations of things starting today and rolling heavily to mid month to complete the process of the reset. To complete the process we all have to have exchanged our currencies. Meaning we should all exchange our currencies before mid month…
12-31-2021 Newshound Guru Breitling BTW the Iraqi dinar is tradable internationally already...people don't use it. It's because it's 'worthless'. It's not at an 'un-international' status. It is international, always has been. It's that you can't use it for anything. Well, they're going to change that and that will help the supply times velocity.
12-31-2021 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: There has been a request by Kazimi to the United Nations to officially lift Iraq from Chapter 7...the United Nations security council has the meeting scheduled for February of 2022. Unless the U.N. moves this meeting to vote earlier then maybe we have to wait until February. FRANK: ...I don't believe we have to wait for that meeting.
12-31-2021 Intel Guru Holly The news has been overwhelming that we finally are on the cusp of this happening! Finally! I have been in this a long time and I have never had the news I have gotten yesterday. We will know in a few days at best that all we have waited for has come to be! ...2022 will be our year!...Not much longer and we will be getting our long awaited final release!
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12-31-2021 Intel Guru Bruce [via WiserNow] ...Friday the 31st and Saturday is the 1st - we know that redemption centers are staffing people that could set appointments tomorrow – Saturday and Sunday... in my opinion...even if we did get notified Saturday - or Sunday – we would not start our exchanges until Monday or Tuesday the 3rd and 4th of January... we could have a really beautiful start to 2022 and I’m excited about it...
12-31-2021 Newshound Guru Kaperoni Nothing is going to happen with the Iraqi dinar until many things occur including forming a new government, passing laws, and encouraging foreign investment to build a private-sector market economy. Only with the success of Iraq's economy can the dinar go up in value.
12-31-2021 Intel Guru Frank26 IMO the Iraqi dinar is about to float...the CBI who was meeting with the IMF, U.S. Treasury, everybody, for years. All of a sudden there are no more articles from these people. All the articles are coming from where? The CBI, Mustafa and the Prime Minister of Iraq and that's fantastic because these are the guys that are now doing what? Education to the citizens. About what? The monetary reform...They've reached a point where there's no need to talk about the things they've already talked about. What are they talking about now? The new small category notes. That's the next thing we're waiting for.
12-31-2021 Newshound/Intel Guru Walkingstick [via Guru Frank26] The goal of the CBI is to reach the REER. The float, they are teaching the citizens while they wait for the new small category notes, is a supply and demand the international world is going put on the Iraqi dinar...the CBI will keep a very very tight band on the exchange rate within +/- 2%...it will fluctuate...the REER is a distinct possibility due to the currency rate of many Middle Eastern countries and the economic boom that's coming to Iraq...
12-31-2021 Guru Nader From The Mid East Remember what I said. Things have to be done - Chapter VII, governments have to be set up and the departure of the armies of United States and collisions. That's what's happening these days...things are going to be better this month coming up. Things gonna change. Rates is gonna go up. Money's gonna be coming in and out. We start building stuff over here...Dubai is going to be nothing next to Iraq in the next 10 years. New York is going to be nothing. Believe me. We worked hard. We suffered and now it's time to pay back...It doesn't matter if people make fun of us...we're gonna be there.
12-31-2021 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: Kazemi talk on TV news...Iraq needed three major events to happen to ensure the success of the white papers and one of them was complete - The withdrawal of all American and all foreign troops from Iraqi soil. Second...having Iraq free officially from Chapter VII...Last, we have to sit our government and that is about to be done...all we need is the official release of chapter VII then the reforms will soar... FRANK: ...Your parliament is going to be seated along with the rest of the cabinet members sometime between the 9th and the 15th. It is at that time IMO that the government of Iraq will be presented the 2022 budget... with the white papers, with a rate of value.
12-31-2021 Intel Guru Holly Thursday night: The news from all sources is so over the moon exciting! ...I am getting excited! In the next few days I will be very excited...we are in a place we have never been before!!!
12-31-2021 Newshound Guru MilitiaMan ...I am not guessing, I am making studied observations, imo. I and others provide sound data that supports this study’s progression...Not one of us has a crystal ball and will not ever know the actual time or date...The timing of so many things having been done to date, is extremely bullish for this to be about over and a new exchange rate is issued by the CBI... Lets see what the year end has in store for us...
12-31-2021 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: There has been a request by Kazimi to the United Nations to officially lift Iraq from Chapter 7...the United Nations security council has the meeting scheduled for February of 2022. Unless the U.N. moves this meeting to vote earlier then maybe we have to wait until February. FRANK: ...I don't believe we have to wait for that meeting.
12-31-2021 Intel Guru Holly The news has been overwhelming that we finally are on the cusp of this happening! Finally! I have been in this a long time and I have never had the news I have gotten yesterday. We will know in a few days at best that all we have waited for has come to be! ...2022 will be our year!...Not much longer and we will be getting our long awaited final release!
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12-31-2021 Intel Guru Bruce [via WiserNow] ...Friday the 31st and Saturday is the 1st - we know that redemption centers are staffing people that could set appointments tomorrow – Saturday and Sunday... in my opinion...even if we did get notified Saturday - or Sunday – we would not start our exchanges until Monday or Tuesday the 3rd and 4th of January... we could have a really beautiful start to 2022 and I’m excited about it...
12-31-2021 Newshound Guru Kaperoni Nothing is going to happen with the Iraqi dinar until many things occur including forming a new government, passing laws, and encouraging foreign investment to build a private-sector market economy. Only with the success of Iraq's economy can the dinar go up in value.
12-31-2021 Intel Guru Frank26 IMO the Iraqi dinar is about to float...the CBI who was meeting with the IMF, U.S. Treasury, everybody, for years. All of a sudden there are no more articles from these people. All the articles are coming from where? The CBI, Mustafa and the Prime Minister of Iraq and that's fantastic because these are the guys that are now doing what? Education to the citizens. About what? The monetary reform...They've reached a point where there's no need to talk about the things they've already talked about. What are they talking about now? The new small category notes. That's the next thing we're waiting for.
12-31-2021 Newshound/Intel Guru Walkingstick [via Guru Frank26] The goal of the CBI is to reach the REER. The float, they are teaching the citizens while they wait for the new small category notes, is a supply and demand the international world is going put on the Iraqi dinar...the CBI will keep a very very tight band on the exchange rate within +/- 2%...it will fluctuate...the REER is a distinct possibility due to the currency rate of many Middle Eastern countries and the economic boom that's coming to Iraq...
12-31-2021 Guru Nader From The Mid East Remember what I said. Things have to be done - Chapter VII, governments have to be set up and the departure of the armies of United States and collisions. That's what's happening these days...things are going to be better this month coming up. Things gonna change. Rates is gonna go up. Money's gonna be coming in and out. We start building stuff over here...Dubai is going to be nothing next to Iraq in the next 10 years. New York is going to be nothing. Believe me. We worked hard. We suffered and now it's time to pay back...It doesn't matter if people make fun of us...we're gonna be there.
12-31-2021 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: Kazemi talk on TV news...Iraq needed three major events to happen to ensure the success of the white papers and one of them was complete - The withdrawal of all American and all foreign troops from Iraqi soil. Second...having Iraq free officially from Chapter VII...Last, we have to sit our government and that is about to be done...all we need is the official release of chapter VII then the reforms will soar... FRANK: ...Your parliament is going to be seated along with the rest of the cabinet members sometime between the 9th and the 15th. It is at that time IMO that the government of Iraq will be presented the 2022 budget... with the white papers, with a rate of value.
12-31-2021 Intel Guru Holly Thursday night: The news from all sources is so over the moon exciting! ...I am getting excited! In the next few days I will be very excited...we are in a place we have never been before!!!
12-31-2021 Newshound Guru MilitiaMan ...I am not guessing, I am making studied observations, imo. I and others provide sound data that supports this study’s progression...Not one of us has a crystal ball and will not ever know the actual time or date...The timing of so many things having been done to date, is extremely bullish for this to be about over and a new exchange rate is issued by the CBI... Lets see what the year end has in store for us...
12-30-2021 Intel Guru MarkZ [via PDK] I have not gotten any tentative, speculation on timing yet…even from redemption folks…but they are still being told they will be working this weekend. So buckle up…hopefully we will know more by tomorrow now that I have more contacts that are scrambling to get back into place. I had really thought we were on “snooze” until next week…but looks like things are at “go” now.
12-30-2021 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We are here at the bank with our friend. He says...the CBI this week had meeting all week with chartered banks [about?] the process of deleting the zeros and a rate change. He knows this for a fact but he's not sure when. Looks to be in early 2022. The CBI is working behind the scenes and getting things lined up for possible rate change. FRANK: Everything is happening in the early part of 2022...
12-30-2021 Newshound/Intel Guru Mnt Goat ...as we head into early 2022, we are at by far the best situation even since 2012-2013 to see the project to delete the zeros occur and then followed by the reinstatement.
12-30-2021 Newshound Guru Kaperoni One of the first things Iraq must do is end the currency auctions and begin to float the currency as the economy grows. This would allow it to gradually appreciate over time where the central bank can manage the dinar through the foreign exchange.
12-30-2021 Intel Guru Frank26 Turns out they told the citizens of Iraq you cannot get the 25k, 10k, the 5k no longer in the banks, no longer in the ATM machines...they're being taken out of circulation. Why? The articles said to the citizens because we're going to introduce a new category note to you. Then it said the world "small" later on. Holy cow! Obviously if it's a small note it needs a different exchange rate. But they can't tell them exactly the exchange rate. So what they do instead they talk about purchasing power, adding value to it etc. The citizens are well aware that they are on the precipice of what is going to happen.
12-30-2021 Intel Guru MarkZ [via PDK] [Dinar is happening I read the daily updates out of Iraq they are making progress every day.] Exactly...we know Iraq will be revaluing their currency at some point. We know it is going and its going soon…
12-30-2021 Newshound/Intel Guru Walkingsick [via Guru Frank26] Let's say the "glory days". What was it $3.22...what's the "glory days"? The float...so we want to get it up to that level - $3.22. No you don't...That was 18 years ago you should add at least 10% inflation factor in it...let's float it up to $3.86...can we go past $4? yeah...when they reach the REER it has to hit a 2% compliance. They will reach it within 2% during the float. That is the goal.
12-30-2021 Guest Member Guru RL First, I would like to express my gratitude to this site for allowing opposing views by the gurus, to be available to their followers. It shows a high degree of integrity and credibility... Second...the banks are supposedly closing early in preparation for the RV of the dinar. They are actually closing early etc., do to staff shortages brought about by the Holiday vacations, Covid illnesses & isolation protocols, and/or a severe shortage of new employees as replacements. Many bank branches are trying, unsuccessfully, to function with as little as 50% of their usual number of employees being unavailable. This is fairly common knowledge and should not be misinterpreted...
12-30-2021 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: News saying today getting Iraq cleared of Chapter VII will enable Iraq to spend on the private sector and really have a positive impact on the economy and grow to a stable level never seen before. FRANK: That's tangible to the articles that we're reading...Remember what I told you, Chapter VII equals your currency to float internationally...
12-30-2021 Intel Guru MarkZ [via PDK] There is a lot of anticipation and speculation right now. My redemption center folks ...got another update this afternoon letting them know to expect to work this weekend. Hopefully this means we will see something happening...We are hearing fantastic intel dribbles coming out of Iraq right now. It is almost nonstop with individual pieces of information as to it preparing to happen sometime over the next 2 weeks. That is for international…They could certainly go in country even sooner.
12-30-2021 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We are here at the bank with our friend. He says...the CBI this week had meeting all week with chartered banks [about?] the process of deleting the zeros and a rate change. He knows this for a fact but he's not sure when. Looks to be in early 2022. The CBI is working behind the scenes and getting things lined up for possible rate change. FRANK: Everything is happening in the early part of 2022...
12-30-2021 Newshound/Intel Guru Mnt Goat ...as we head into early 2022, we are at by far the best situation even since 2012-2013 to see the project to delete the zeros occur and then followed by the reinstatement.
12-30-2021 Newshound Guru Kaperoni One of the first things Iraq must do is end the currency auctions and begin to float the currency as the economy grows. This would allow it to gradually appreciate over time where the central bank can manage the dinar through the foreign exchange.
12-30-2021 Intel Guru Frank26 Turns out they told the citizens of Iraq you cannot get the 25k, 10k, the 5k no longer in the banks, no longer in the ATM machines...they're being taken out of circulation. Why? The articles said to the citizens because we're going to introduce a new category note to you. Then it said the world "small" later on. Holy cow! Obviously if it's a small note it needs a different exchange rate. But they can't tell them exactly the exchange rate. So what they do instead they talk about purchasing power, adding value to it etc. The citizens are well aware that they are on the precipice of what is going to happen.
12-30-2021 Intel Guru MarkZ [via PDK] [Dinar is happening I read the daily updates out of Iraq they are making progress every day.] Exactly...we know Iraq will be revaluing their currency at some point. We know it is going and its going soon…
12-30-2021 Newshound/Intel Guru Walkingsick [via Guru Frank26] Let's say the "glory days". What was it $3.22...what's the "glory days"? The float...so we want to get it up to that level - $3.22. No you don't...That was 18 years ago you should add at least 10% inflation factor in it...let's float it up to $3.86...can we go past $4? yeah...when they reach the REER it has to hit a 2% compliance. They will reach it within 2% during the float. That is the goal.
12-30-2021 Guest Member Guru RL First, I would like to express my gratitude to this site for allowing opposing views by the gurus, to be available to their followers. It shows a high degree of integrity and credibility... Second...the banks are supposedly closing early in preparation for the RV of the dinar. They are actually closing early etc., do to staff shortages brought about by the Holiday vacations, Covid illnesses & isolation protocols, and/or a severe shortage of new employees as replacements. Many bank branches are trying, unsuccessfully, to function with as little as 50% of their usual number of employees being unavailable. This is fairly common knowledge and should not be misinterpreted...
12-30-2021 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: News saying today getting Iraq cleared of Chapter VII will enable Iraq to spend on the private sector and really have a positive impact on the economy and grow to a stable level never seen before. FRANK: That's tangible to the articles that we're reading...Remember what I told you, Chapter VII equals your currency to float internationally...
12-30-2021 Intel Guru MarkZ [via PDK] There is a lot of anticipation and speculation right now. My redemption center folks ...got another update this afternoon letting them know to expect to work this weekend. Hopefully this means we will see something happening...We are hearing fantastic intel dribbles coming out of Iraq right now. It is almost nonstop with individual pieces of information as to it preparing to happen sometime over the next 2 weeks. That is for international…They could certainly go in country even sooner.
12-29-2021 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: A big thing on the television. All the combat forces, they're pulling out of Iraq...United States of America and other countries... many are now stationed in Kuwait so in reality they didn't go very far... FRANK: This is so powerful. It's important for the monetary reform, for the economic reform.
12-29-2021 Newshound/Intel Guru Walkingstick [via Guru Frank26] When they float it will be on par with the dollar and it will be 1 to 1 inside of Iraq and outside of Iraq...while it's floating they'll educate the people...a currency can't have two rates...they have a goal and that's to reach the REER...if you want a REER of $1.50 knock yourself out but we have the ability to take it up to [unsaid amount] so why don't you go ahead and float it up to that REER. They will because Iraq is going to become the central hub of the Middle East...
12-29-2021 Intel Guru Fleming ...The Iraqi Government is no longer meeting with the United States, nor the IMF, the World Bank, or the UN, etc. The US Military has completely departed from Iraq. The only remaining US presence of military guards the US Embassy in Bagdad. The new IQD rate is in the budget which will be released to the world between the 10th to the 15th of January.
12-29-2021 Intel Guru Bruce [via WiserNow] ...Monday 3rd is very much in play – that’s when our true window opens up – and I have from another reliable source that we should be absolutely (tier 4) notified...on Monday and setting appointments and exchanging all the way up to in other words start up to January 9th...So the 3rd through the 9th is our next window that we believe is a legitimate opportunity for us to get started...I am excited about it... we know what the time line is – roughly - and why it’s that way – and lets all just pray that everything gets completed according to this plan...
12-29-2021 Newshound Guru Kaperoni Deleting the zeros...We don't want to see such an event as this is a LOP. We want to see them float the currency and have the dinar gradually appreciate over time.
12-29-2021 Intel Guru Frank26 Article: "Reducing The Price Of The Dollar Is A Necessity To Live" It's a great article...It is so delicious... Quote: "The Governor of the Central Bank of Iraq, Mustafa Mokhif said that 'the previous exchange rate of the Iraqi dinar is 'distorted' and does not bring about real development in the country, 'stressing that 'the decision to change the exchange rate was not taken hastily, but rather within a well-studied plan in full coordination with the Ministry of Finance and the International Monetary Fund." ...Great article.
12-29-2021 Intel Guru MarkZ [via PDK] What we have coming out of Iraq is their first legislative session is going to be Monday January 10th. Do we need the new government is session for the RV to go? No…IMO it could go 2 minutes from now...I know many of you are salty and frustrated that nothing happened before Christmas and we did not get our reset we all were hoping for…Was there a big push to get it done by Christmas…YES!...and it fell flat. But, they keep pushing…and it will happen soon…Just do not give up. For me we are in the last final days of this thing…You can feel it in the air…you can almost taste it…
12-29-2021 Newshound Guru Breitling The World Trade organization is inviting Iraq, the Central Bank is modernizing in a big way and then you have them going to going to other countries trying to set up branches so people can trade the Iraqi currency internationally...
12-29-2021 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: It turns out the Federal Courts have dismissed the appeal. FRANK: Good! What happened was the Iranian influence jerks said 'No, we'd like to protest the elections...' Federal courts what do you say about that? '...throw it out of court. It's a bunch of kaka.' FIREFLY: Says that the election was fair and it sets a date for the first meeting of the new Parliament...it should be from the 10th to the 15th of January.
12-29-2021 Intel Guru MarkZ [via PDK] If I had to make a guess right now…I guess that anywhere between the 3rd and the 10th is going to be our “go” date. Could it be sooner? Absolutely…we just do not know. Redemption folks are ready at any moment and have been told they are working this weekend...I am not hearing anything negative at all.
12-29-2021 Intel Guru Holly ...Notifications highly possible to come out between now & first of the week! Appointments immediately following! Looks like it's gonna finally truly be a Happy New Year!
12-29-2021 Newshound/Intel Guru Mnt Goat The news this period is all about the announcement of the election winners from the October elections in Iraq...The judiciary this week has told us they have rejected claims of any misdoing in the elections...So, Iraq is now on its way with a new government and I totally believe Al-Kazemi will have a second term as the prime minister...The reinstatement of the currency is within this timing also as it is optimal to do it at the beginning the new fiscal year. Currently we heard they are doing audits and budget reconciliations/ adjustments going back to 2003, something they have never done and we knew this would be a signal to us that they are serious about the reinstatement. WOW!
12-29-2021 Newshound/Intel Guru Walkingstick [via Guru Frank26] When they float it will be on par with the dollar and it will be 1 to 1 inside of Iraq and outside of Iraq...while it's floating they'll educate the people...a currency can't have two rates...they have a goal and that's to reach the REER...if you want a REER of $1.50 knock yourself out but we have the ability to take it up to [unsaid amount] so why don't you go ahead and float it up to that REER. They will because Iraq is going to become the central hub of the Middle East...
12-29-2021 Intel Guru Fleming ...The Iraqi Government is no longer meeting with the United States, nor the IMF, the World Bank, or the UN, etc. The US Military has completely departed from Iraq. The only remaining US presence of military guards the US Embassy in Bagdad. The new IQD rate is in the budget which will be released to the world between the 10th to the 15th of January.
12-29-2021 Intel Guru Bruce [via WiserNow] ...Monday 3rd is very much in play – that’s when our true window opens up – and I have from another reliable source that we should be absolutely (tier 4) notified...on Monday and setting appointments and exchanging all the way up to in other words start up to January 9th...So the 3rd through the 9th is our next window that we believe is a legitimate opportunity for us to get started...I am excited about it... we know what the time line is – roughly - and why it’s that way – and lets all just pray that everything gets completed according to this plan...
12-29-2021 Newshound Guru Kaperoni Deleting the zeros...We don't want to see such an event as this is a LOP. We want to see them float the currency and have the dinar gradually appreciate over time.
12-29-2021 Intel Guru Frank26 Article: "Reducing The Price Of The Dollar Is A Necessity To Live" It's a great article...It is so delicious... Quote: "The Governor of the Central Bank of Iraq, Mustafa Mokhif said that 'the previous exchange rate of the Iraqi dinar is 'distorted' and does not bring about real development in the country, 'stressing that 'the decision to change the exchange rate was not taken hastily, but rather within a well-studied plan in full coordination with the Ministry of Finance and the International Monetary Fund." ...Great article.
12-29-2021 Intel Guru MarkZ [via PDK] What we have coming out of Iraq is their first legislative session is going to be Monday January 10th. Do we need the new government is session for the RV to go? No…IMO it could go 2 minutes from now...I know many of you are salty and frustrated that nothing happened before Christmas and we did not get our reset we all were hoping for…Was there a big push to get it done by Christmas…YES!...and it fell flat. But, they keep pushing…and it will happen soon…Just do not give up. For me we are in the last final days of this thing…You can feel it in the air…you can almost taste it…
12-29-2021 Newshound Guru Breitling The World Trade organization is inviting Iraq, the Central Bank is modernizing in a big way and then you have them going to going to other countries trying to set up branches so people can trade the Iraqi currency internationally...
12-29-2021 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: It turns out the Federal Courts have dismissed the appeal. FRANK: Good! What happened was the Iranian influence jerks said 'No, we'd like to protest the elections...' Federal courts what do you say about that? '...throw it out of court. It's a bunch of kaka.' FIREFLY: Says that the election was fair and it sets a date for the first meeting of the new Parliament...it should be from the 10th to the 15th of January.
12-29-2021 Intel Guru MarkZ [via PDK] If I had to make a guess right now…I guess that anywhere between the 3rd and the 10th is going to be our “go” date. Could it be sooner? Absolutely…we just do not know. Redemption folks are ready at any moment and have been told they are working this weekend...I am not hearing anything negative at all.
12-29-2021 Intel Guru Holly ...Notifications highly possible to come out between now & first of the week! Appointments immediately following! Looks like it's gonna finally truly be a Happy New Year!
12-29-2021 Newshound/Intel Guru Mnt Goat The news this period is all about the announcement of the election winners from the October elections in Iraq...The judiciary this week has told us they have rejected claims of any misdoing in the elections...So, Iraq is now on its way with a new government and I totally believe Al-Kazemi will have a second term as the prime minister...The reinstatement of the currency is within this timing also as it is optimal to do it at the beginning the new fiscal year. Currently we heard they are doing audits and budget reconciliations/ adjustments going back to 2003, something they have never done and we knew this would be a signal to us that they are serious about the reinstatement. WOW!
12-28-2021 Intel Guru MarkZ [via PDK] Iraq has made it very clear they are about to go international. They have opened up border crossings. They have fully digitized their banking system in preparation. They have issued QI cards to the mass population. The effort for them to revalue their currency has been tremendous. The chatter out of Iraq has been tremendous.
12-28-2021 Intel Guru Frank26 I said when you pay off Kuwait that equals the float...you have seen many articles that are telling that they want to return them back to the 'glory days'. The 'Glory Days' is the REER. The glory day that they are returning their currency back to is the REER. Therefor that's why the education is now teaching them that their currency is not fixed. It's about to float because it has to reach the Real Effective Exchange Rate for their country...IMO the next thing that they're going to show them is the new small category notes in a sheet form and then after that float the currency...
12-28-2021 Newshound Guru Kaperoni Iraq's federal court ratified the election results today. There was no basis of any fraud. So now hopefully they can move forward and form a new government soon.
12-28-2021 Intel Guru MarkZ [via PDK] I hate to say it but I think they are pushing it to next week now. Maybe Sunday or Monday? ...But I am hearing “any moment” still...We just do not know...On the banking side/Redemption Center side I am still hearing from a conversation this morning that they should fully expect to work this weekend...Would be a perfect time to pull the trigger when nobody is expecting it though. They could absolutely pull the trigger before the end of the year and let us start making appointments before the end of the year. ...It does appear that it is underway…don’t rule this week out just yet. It would be a golden time.
12-28-2021 Newshound Guru Breitling Question: "I've been seeing articles about the Central Bank of Iraq meeting with other central banks in other countries like Saudi Arabia and Britain . They're setting up central bank branches in the countries and vice versa. Is that significant...?" It is. It's specifically so other countries can use their currency. Very specific. Their currency [dinar] is going to go out there...they have to have people trying to use the Iraqi dinar which helps their supply times velocity. That's why it's so exciting...It is the formula. So we're here.
12-28-2021 Intel Guru Frank26 Article: "Legal: The Government Can Remove Iraq From Chapter VI After Paying Kuwait Compensation" They've already paid off Kuwait...they already paid off everybody...the last banana peel of Chapter VII is Chapter VI...this article talks about what they already did with the United Nations and why they're about to go and float their currency...
12-28-2021 Newshound/Intel Guru Mnt Goat ...here is...very good news! The Central Bank of Iraq announced recently that last Tuesday, the payment of the last installment of $44 million was paid to Kuwait early. This will lead the way to the dismissal out of Chapter VI and VII. The UN the Security Council still has to formally vote on it and it is scheduled for an early February 2022 meeting. Iraq has already submitted the paperwork for the request to the UN. Could they convene earlier and fool us? How does this effect the RV? I am not certain if they can still go ahead with the project to delete the zeros with anticipation of being released from these sanctions. There is no legal parameter preventing it from the CBI, however we know this is the first step in the process to reinstate and so once started they can’t turn back. [post 2 of 2]
12-28-2021 Newshound/Intel Guru Mnt Goat ...I fully believe this...the revaluation of the currency...has been tied to the ongoing sanctions from the UN and then the US Treasury... the remaining obstacle to the last step in the currency reform process is the exit from Chapter VI and VII of the Charter of the United Nations...now it is time to take the next step. It has been a hard 18 years (almost 2 more decades) for Iraq, 3 decades altogether since the Kuwaiti invasion. But Iraq is now about to make a giant leap forward and it has in its sights to remake the late 1920’s kind of an economy with abundance and prosperity that was indicative of that period. Yes, they want these “glory” days once again. They even told us so... [post 1 of 2....stay tuned]
12-28-2021 Newshound Guru Adam Montana Article quote: "...the Central Bank of Iraq announced on December 22, 2021 the completion of the last remaining installment of Kuwait’s compensation amounting to (44) million US dollars, and thus Iraq had completed the payment of the full compensation amounts approved by the United Nations Compensation Committee of the UN Security Council..." I’m sure everyone here already understands how big this is… what an incredible milestone!
12-28-2021 Intel Guru Frank26 Article: "For the sake of the banking system..Kuwait: Iraq handed over the last batch of compensation before it was due" Kuwait had to be paid off..compensated with economic reform and return their dead... Quote: "re-integrate the Iraq banking system with the global banking system." Bingo! What they did is they combined the Iraqi banks with the banks around the world... I told you [Guru] Walkingstick's friend came to do this to his private bank in the United States...because of the fact that the Iraqi banks are now internationally recognized the Iraqi currency is about to float...
12-28-2021 Intel Guru MarkZ [via PDK] [You had said you expect a dinar rate of about $4.81...is this street rate or contract rate?] In country it may start lower and float up to about $4.81…I am still hearing we may expect a higher contract rate than that. Maybe even a couple of dollars higher then that per dinar.
12-28-2021 Newshound Guru MilitiaMan Article: "The International Coalition : We no longer have combat forces in Iraq" Add this to the equation… No combat forces, done early. Kuwait paid in full, early. Digital platforms noted by the CBI, early. Thus, the next move is expected and that is move to a market economy. That will require an international exchange rate...imo...
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12-28-2021 Intel Guru Frank26 I said when you pay off Kuwait that equals the float...you have seen many articles that are telling that they want to return them back to the 'glory days'. The 'Glory Days' is the REER. The glory day that they are returning their currency back to is the REER. Therefor that's why the education is now teaching them that their currency is not fixed. It's about to float because it has to reach the Real Effective Exchange Rate for their country...IMO the next thing that they're going to show them is the new small category notes in a sheet form and then after that float the currency...
12-28-2021 Newshound Guru Kaperoni Iraq's federal court ratified the election results today. There was no basis of any fraud. So now hopefully they can move forward and form a new government soon.
12-28-2021 Intel Guru MarkZ [via PDK] I hate to say it but I think they are pushing it to next week now. Maybe Sunday or Monday? ...But I am hearing “any moment” still...We just do not know...On the banking side/Redemption Center side I am still hearing from a conversation this morning that they should fully expect to work this weekend...Would be a perfect time to pull the trigger when nobody is expecting it though. They could absolutely pull the trigger before the end of the year and let us start making appointments before the end of the year. ...It does appear that it is underway…don’t rule this week out just yet. It would be a golden time.
12-28-2021 Newshound Guru Breitling Question: "I've been seeing articles about the Central Bank of Iraq meeting with other central banks in other countries like Saudi Arabia and Britain . They're setting up central bank branches in the countries and vice versa. Is that significant...?" It is. It's specifically so other countries can use their currency. Very specific. Their currency [dinar] is going to go out there...they have to have people trying to use the Iraqi dinar which helps their supply times velocity. That's why it's so exciting...It is the formula. So we're here.
12-28-2021 Intel Guru Frank26 Article: "Legal: The Government Can Remove Iraq From Chapter VI After Paying Kuwait Compensation" They've already paid off Kuwait...they already paid off everybody...the last banana peel of Chapter VII is Chapter VI...this article talks about what they already did with the United Nations and why they're about to go and float their currency...
12-28-2021 Newshound/Intel Guru Mnt Goat ...here is...very good news! The Central Bank of Iraq announced recently that last Tuesday, the payment of the last installment of $44 million was paid to Kuwait early. This will lead the way to the dismissal out of Chapter VI and VII. The UN the Security Council still has to formally vote on it and it is scheduled for an early February 2022 meeting. Iraq has already submitted the paperwork for the request to the UN. Could they convene earlier and fool us? How does this effect the RV? I am not certain if they can still go ahead with the project to delete the zeros with anticipation of being released from these sanctions. There is no legal parameter preventing it from the CBI, however we know this is the first step in the process to reinstate and so once started they can’t turn back. [post 2 of 2]
12-28-2021 Newshound/Intel Guru Mnt Goat ...I fully believe this...the revaluation of the currency...has been tied to the ongoing sanctions from the UN and then the US Treasury... the remaining obstacle to the last step in the currency reform process is the exit from Chapter VI and VII of the Charter of the United Nations...now it is time to take the next step. It has been a hard 18 years (almost 2 more decades) for Iraq, 3 decades altogether since the Kuwaiti invasion. But Iraq is now about to make a giant leap forward and it has in its sights to remake the late 1920’s kind of an economy with abundance and prosperity that was indicative of that period. Yes, they want these “glory” days once again. They even told us so... [post 1 of 2....stay tuned]
12-28-2021 Newshound Guru Adam Montana Article quote: "...the Central Bank of Iraq announced on December 22, 2021 the completion of the last remaining installment of Kuwait’s compensation amounting to (44) million US dollars, and thus Iraq had completed the payment of the full compensation amounts approved by the United Nations Compensation Committee of the UN Security Council..." I’m sure everyone here already understands how big this is… what an incredible milestone!
12-28-2021 Intel Guru Frank26 Article: "For the sake of the banking system..Kuwait: Iraq handed over the last batch of compensation before it was due" Kuwait had to be paid off..compensated with economic reform and return their dead... Quote: "re-integrate the Iraq banking system with the global banking system." Bingo! What they did is they combined the Iraqi banks with the banks around the world... I told you [Guru] Walkingstick's friend came to do this to his private bank in the United States...because of the fact that the Iraqi banks are now internationally recognized the Iraqi currency is about to float...
12-28-2021 Intel Guru MarkZ [via PDK] [You had said you expect a dinar rate of about $4.81...is this street rate or contract rate?] In country it may start lower and float up to about $4.81…I am still hearing we may expect a higher contract rate than that. Maybe even a couple of dollars higher then that per dinar.
12-28-2021 Newshound Guru MilitiaMan Article: "The International Coalition : We no longer have combat forces in Iraq" Add this to the equation… No combat forces, done early. Kuwait paid in full, early. Digital platforms noted by the CBI, early. Thus, the next move is expected and that is move to a market economy. That will require an international exchange rate...imo...
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12-27-2021 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: Kazemi on news saying as the Iraq economy grows so will the rate of the dinar. FRANK26: He's talking about the dinar growing internationally...when you unpeg from the American dollar and go on par with the American dollar your currency will float internationally and the value will climb at that point internationally...to $3 maybe $4 rate...Iraq will stay 1 to 1 inside of Iraq for your purchasing power.
12-27-2021 Intel Guru MarkZ [via PDK] I did get some good chatter from Iraq for the week. They are opening more and more border crossings. I reached out to my best redemption center contact and he said they are expecting things to move forward at sometime this week . They were not told any timing…just that they are working through logistics “post holiday”. I am guessing it means some “key people” are not back in place yet. I do know my redemption contacts have an early morning meeting tomorrow...do not give up…this is a “when” not and “if”. We have never been in the place we are in right now…Do not give up in sight of our goal...
12-27-2021 Newshound Guru Kaperoni There are no cash-in groups...
12-27-2021 Intel Guru Holly We should start to see more tangible results at our level this week. There were just too many issues to resolve prior to Christmas to get this implemented. Things are resolved finally and I am hearing more people getting notifications. It’s happening and soon we all will receive ours too!
12-27-2021 Intel Guru Frank26 Four weeks ago I expressed to you they just told the citizens they were no longer able to get three-zero notes from the ATM machines/banks. Remember that? They are in their meetings, the CBI & IMF and they are talking about the fact that the 5, 10 and 25 [Large notes] are gone and how they're going to replace them...this is not open to interpretation any longer. This is a fact of the CBI...
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12-27-2021 Intel Guru MarkZ [via PDK] We sure are very close...News article out of Iraq…”The Federal Supreme Court of Iraq decided to dismiss the appeal regarding the results regarding the results of the legislative elections.” ...the plan was for Iraq to RV once they had their government, once they had paid off Kuwait and had any sanctions against them removed. Well they had their elections challenged by an Iranian backed group…and that failed…this was announced in Baghdad today…and the election results will now be official…and Iraq has finished paying all of its bills to Kuwait... This is a key piece to me…I can tell you the larger 3 zero notes are becoming increasingly harder to find. They are pushing people toward the QI cards to use as they expect this event and releasing the lower denominations...many things are happening that we have never seen before….
12-27-2021 Newshound Guru Breitling Question: "You mentioned they need to sustain a 4% GDP to sustain their currency. They said the non-oil GDP was expected to have a 12% growth. Does that play into the 4% you're referring to?" Absolutely 100%...their internal GDP is up. International GDP, it's not down, it's Covid inflation...yeah their internal GDP helps that big time.
12-27-2021 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: Economist on TV saying once Iraq clears Chapter 7 from their next request when granted Iraq will have control of their own currency, oil and economy. Then said 82 billion in assets will be released back to Iraq from funds held while in Chapter 7 making Iraq's currency stronger and able to rise the exchange rate. FRANK: That's HCL. Wow.
12-27-2021 Intel Guru Fleming All Signs are Pointing to a Truly Remarkable Week Ahead...The 10-Day Plan, the IMF’s agreed upon brief delay for Iraq’s new currency launch; is still under effect in Iraq, set for the 26th or 27th. Of course, the IMF can always cancel, or allow continuation right before this revaluation begins, but all signs are pointing to this act truly taking place.
12-27-2021 Intel Guru MarkZ [via PDK] I did get some good chatter from Iraq for the week. They are opening more and more border crossings. I reached out to my best redemption center contact and he said they are expecting things to move forward at sometime this week . They were not told any timing…just that they are working through logistics “post holiday”. I am guessing it means some “key people” are not back in place yet. I do know my redemption contacts have an early morning meeting tomorrow...do not give up…this is a “when” not and “if”. We have never been in the place we are in right now…Do not give up in sight of our goal...
12-27-2021 Newshound Guru Kaperoni There are no cash-in groups...
12-27-2021 Intel Guru Holly We should start to see more tangible results at our level this week. There were just too many issues to resolve prior to Christmas to get this implemented. Things are resolved finally and I am hearing more people getting notifications. It’s happening and soon we all will receive ours too!
12-27-2021 Intel Guru Frank26 Four weeks ago I expressed to you they just told the citizens they were no longer able to get three-zero notes from the ATM machines/banks. Remember that? They are in their meetings, the CBI & IMF and they are talking about the fact that the 5, 10 and 25 [Large notes] are gone and how they're going to replace them...this is not open to interpretation any longer. This is a fact of the CBI...
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12-27-2021 Intel Guru MarkZ [via PDK] We sure are very close...News article out of Iraq…”The Federal Supreme Court of Iraq decided to dismiss the appeal regarding the results regarding the results of the legislative elections.” ...the plan was for Iraq to RV once they had their government, once they had paid off Kuwait and had any sanctions against them removed. Well they had their elections challenged by an Iranian backed group…and that failed…this was announced in Baghdad today…and the election results will now be official…and Iraq has finished paying all of its bills to Kuwait... This is a key piece to me…I can tell you the larger 3 zero notes are becoming increasingly harder to find. They are pushing people toward the QI cards to use as they expect this event and releasing the lower denominations...many things are happening that we have never seen before….
12-27-2021 Newshound Guru Breitling Question: "You mentioned they need to sustain a 4% GDP to sustain their currency. They said the non-oil GDP was expected to have a 12% growth. Does that play into the 4% you're referring to?" Absolutely 100%...their internal GDP is up. International GDP, it's not down, it's Covid inflation...yeah their internal GDP helps that big time.
12-27-2021 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: Economist on TV saying once Iraq clears Chapter 7 from their next request when granted Iraq will have control of their own currency, oil and economy. Then said 82 billion in assets will be released back to Iraq from funds held while in Chapter 7 making Iraq's currency stronger and able to rise the exchange rate. FRANK: That's HCL. Wow.
12-27-2021 Intel Guru Fleming All Signs are Pointing to a Truly Remarkable Week Ahead...The 10-Day Plan, the IMF’s agreed upon brief delay for Iraq’s new currency launch; is still under effect in Iraq, set for the 26th or 27th. Of course, the IMF can always cancel, or allow continuation right before this revaluation begins, but all signs are pointing to this act truly taking place.
12-26-2021 Intel Guru Holly The news has been overwhelming that we finally have crossed the threshold for completion...All is on track for completion by the end of this month...We are on our last lap and I see it as a victory lap soon!
12-26-2021 Newshound Guru Sandy Ingram Article " Iraq pays final Kuwait war reparations" Please note this article is dated December 24, 2021
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12-26-2021 Intel Guru BobTheTaxMan The ROTH...for people who invested in the IQD...it is the one and only way for us to be able to have a tax-free return on this investment. It does have caps...on how you put it in...married above $208,000 income you can't do it...currently your IRA can be rolled over into your ROTH. You just have to pay taxes on the rotation itself...you don't have these caps on an IRA...It's a really cool way you can backdoor with an IRA for now. It requires a five-year aging period for the Roth and you have to be 59 and a half in order to pull it out...so it can be tax-free for you and tax-free for your airs. [NOTE: Consult your tax professionals at the appropriate time to determine the best tax strategy for your unique circumstances.]
12-26-2021 Intel Guru Frank26 It's no secret. The monetary reform, adding value, new exchange rate, new currency - it's no secret anymore! It's everywhere! ...and that is an extraordinary thing to say. An important thing to say...it hasn't been a secret all year...it's no longer a secret that the Iraqi dinar 3-zero notes are no longer in the streets. They are being removed from their banks, the citizens hands - it cannot be a secret anymore...
12-26-2021 Newshound Guru Pimpy I think what you're going to see is being removed out of chapter 7 and chapter 6 allows Iraq to really start investing a lot of money into the private sector and start rebuilding infrastructure. The economy is going to start booming and as the economy gets stronger of course you're going to know the dinar is going to go up...
12-26-2021 Intel Guru Fleming ...Hard to believe that we’re still pushing for this RV to start, but so much had to happen to make this possible to exchange/redeem safely. ...the details we can hold on to throughout the next week...for now we are sitting tight in our knowledge of all of the momentous events unfolding. Joy, joy, joy in abundance is here!
12-26-2021 Intel Guru Frank26 Article: "For the sake of the banking system..Kuwait: Iraq handed over the last batch of compensation before it was due". Told you!
12-26-2021 Newshound/Intel Guru Mnt Goat Article: "LEGAL EXPERT: THE END OF THE PAYMENT OF KUWAIT’S COMPENSATION HAS NOTHING TO DO WITH IRAQ’S EXIT FROM CHAPTER VII" ...We know for a FACT that Chapter VII has EVERYTHING to do with this final payment. If not then why have they not applied to exit from it before? Why now at the same time they are making the last payment to Kuwait? How do I know this? Because they told us in an article from the Finance Committee a couple weeks ago that this is tied directly to the exit from Chapter VII...
12-26-2021 Newshound Guru Sandy Ingram Article " Iraq pays final Kuwait war reparations" Please note this article is dated December 24, 2021
12-26-2021 Dinar Investors Get Free Crypto Join over 956,657 others who want free crypto. The deal is simple - Place a hotspot in your home or office and get free crypto. You get a couple hundred bucks of crypo each and every month forever. Get free crypto while you sleep. Details are on the get free crypto page. Click here to learn more. The latest Dinar Guru post continue below...
12-26-2021 Intel Guru BobTheTaxMan The ROTH...for people who invested in the IQD...it is the one and only way for us to be able to have a tax-free return on this investment. It does have caps...on how you put it in...married above $208,000 income you can't do it...currently your IRA can be rolled over into your ROTH. You just have to pay taxes on the rotation itself...you don't have these caps on an IRA...It's a really cool way you can backdoor with an IRA for now. It requires a five-year aging period for the Roth and you have to be 59 and a half in order to pull it out...so it can be tax-free for you and tax-free for your airs. [NOTE: Consult your tax professionals at the appropriate time to determine the best tax strategy for your unique circumstances.]
12-26-2021 Intel Guru Frank26 It's no secret. The monetary reform, adding value, new exchange rate, new currency - it's no secret anymore! It's everywhere! ...and that is an extraordinary thing to say. An important thing to say...it hasn't been a secret all year...it's no longer a secret that the Iraqi dinar 3-zero notes are no longer in the streets. They are being removed from their banks, the citizens hands - it cannot be a secret anymore...
12-26-2021 Newshound Guru Pimpy I think what you're going to see is being removed out of chapter 7 and chapter 6 allows Iraq to really start investing a lot of money into the private sector and start rebuilding infrastructure. The economy is going to start booming and as the economy gets stronger of course you're going to know the dinar is going to go up...
12-26-2021 Intel Guru Fleming ...Hard to believe that we’re still pushing for this RV to start, but so much had to happen to make this possible to exchange/redeem safely. ...the details we can hold on to throughout the next week...for now we are sitting tight in our knowledge of all of the momentous events unfolding. Joy, joy, joy in abundance is here!
12-26-2021 Intel Guru Frank26 Article: "For the sake of the banking system..Kuwait: Iraq handed over the last batch of compensation before it was due". Told you!
12-26-2021 Newshound/Intel Guru Mnt Goat Article: "LEGAL EXPERT: THE END OF THE PAYMENT OF KUWAIT’S COMPENSATION HAS NOTHING TO DO WITH IRAQ’S EXIT FROM CHAPTER VII" ...We know for a FACT that Chapter VII has EVERYTHING to do with this final payment. If not then why have they not applied to exit from it before? Why now at the same time they are making the last payment to Kuwait? How do I know this? Because they told us in an article from the Finance Committee a couple weeks ago that this is tied directly to the exit from Chapter VII...
12-25-2021 Intel Guru Frank26 [Iraq boots-on-the-ground TV update] FIREFLY: CBI holding seminars with all the banks. FRANK: That is correct...[guru] Walkingstick's firm owns many banks and they have been meeting at the executive level with the CBI to show them the new small category notes and they are now talking about the coins they're going to give you as well...IMO.
12-25-2021 Intel Guru Holly ...This Christmas blessing is upon us! There is movement and things are working to get to our level! We will see it soon! Keep the faith!...It’s coming!
12-25-2021 Newshound Guru Breitling Were sitting on a gold mine. I know people get sick and tired of waiting. It's tough. This is the way the world is. But the reality is we're sitting on a gold mine. We're good. We watch Iraq do this and set the stuff up, you just have to have that type of patience...this investment is not for everybody...It's not a hype investment ...people get caught up in the timing and it's like well it hasn't happened...in their mind all these bad things keep happening and none of it was ever true in the first place. I've never seen anything bad yet happen as far as the plan and what Iraq wants to do so they can add value to their currency. They haven't made one bad move yet.
12-25-2021 Intel Guru Frank26 Article: "Al-Rafidain Bank stops withdrawals and deposits, starting from Thursday" We were just told from {firefly} that they told them this yesterday... Quote: "the suspension comes in order to pay the annual amounts." You're closing your banks for about 4 or 5 days to do an annual account? The year's not over with. Try another story! ...I don't want to grab at straws and give us hopium and say oh look this is perfect. This is it. No. We never give you a date but what we do give you is common sense that this is an amazing window of opportunity...
12-25-201 Newshound Guru Kaperoni now that Iraq is paid off Kuwait they can float the dinar. LOL. Doesn't work that way only, with the success of Iraq's economy can the dinar go up in value. Iraq has a lot of work yet to do.
12-25-2021 Newshound Guru Pimpy They're not going to tell you guys ahead of time. It would just be a disaster for the country. You'll wake up one day and it's done. The rate change happens and then you'll start to hear about it. As a matter of fact when Kuwait did theirs they told people that it wasn't gonna happen for a long time and three days later they changed the rate.
12-25-2021 Intel Guru Frank26 [Iraq boots-on-the-ground TV update] FIREFLY: They have made a request to the United Nations to lift us from Chapter 7 completely, make it official. FRANK: ...Once they officially announce that you are out of Chapter 7 that will equal the float of your currency.
12-25-2021 Intel Guru Bruce [via WiserNow] ...unfortunately our Christmas is going to happen AFTER Christmas - for us in the sense that our notifications my best understanding for that is that they are going to come out either Sunday or Monday after Christmas... it is very possible that we’re going to receive our emails / notifications Sunday or Monday...the reason I feel good about Sunday is we know the redemption centers are being fully staffed...So that is...what we have to look forward to and yes it’s exciting...
12-25-2021 Intel Guru Wolverine For the years that most of us have been in this journey it’s beginning to appear that we are close to the end...Soon we will be launching this vehicle...
12-25-2021 Intel Guru Holly ...This Christmas blessing is upon us! There is movement and things are working to get to our level! We will see it soon! Keep the faith!...It’s coming!
12-25-2021 Newshound Guru Breitling Were sitting on a gold mine. I know people get sick and tired of waiting. It's tough. This is the way the world is. But the reality is we're sitting on a gold mine. We're good. We watch Iraq do this and set the stuff up, you just have to have that type of patience...this investment is not for everybody...It's not a hype investment ...people get caught up in the timing and it's like well it hasn't happened...in their mind all these bad things keep happening and none of it was ever true in the first place. I've never seen anything bad yet happen as far as the plan and what Iraq wants to do so they can add value to their currency. They haven't made one bad move yet.
12-25-2021 Intel Guru Frank26 Article: "Al-Rafidain Bank stops withdrawals and deposits, starting from Thursday" We were just told from {firefly} that they told them this yesterday... Quote: "the suspension comes in order to pay the annual amounts." You're closing your banks for about 4 or 5 days to do an annual account? The year's not over with. Try another story! ...I don't want to grab at straws and give us hopium and say oh look this is perfect. This is it. No. We never give you a date but what we do give you is common sense that this is an amazing window of opportunity...
12-25-201 Newshound Guru Kaperoni now that Iraq is paid off Kuwait they can float the dinar. LOL. Doesn't work that way only, with the success of Iraq's economy can the dinar go up in value. Iraq has a lot of work yet to do.
12-25-2021 Newshound Guru Pimpy They're not going to tell you guys ahead of time. It would just be a disaster for the country. You'll wake up one day and it's done. The rate change happens and then you'll start to hear about it. As a matter of fact when Kuwait did theirs they told people that it wasn't gonna happen for a long time and three days later they changed the rate.
12-25-2021 Intel Guru Frank26 [Iraq boots-on-the-ground TV update] FIREFLY: They have made a request to the United Nations to lift us from Chapter 7 completely, make it official. FRANK: ...Once they officially announce that you are out of Chapter 7 that will equal the float of your currency.
12-25-2021 Intel Guru Bruce [via WiserNow] ...unfortunately our Christmas is going to happen AFTER Christmas - for us in the sense that our notifications my best understanding for that is that they are going to come out either Sunday or Monday after Christmas... it is very possible that we’re going to receive our emails / notifications Sunday or Monday...the reason I feel good about Sunday is we know the redemption centers are being fully staffed...So that is...what we have to look forward to and yes it’s exciting...
12-25-2021 Intel Guru Wolverine For the years that most of us have been in this journey it’s beginning to appear that we are close to the end...Soon we will be launching this vehicle...
12-24-2021 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: They are now saying they want all the currency off the streets as much as possible. They started talking about exactly how much currency they have out. They mentioned the process now is to retrieve the currency in so the lower notes can exist in the marketplace.
12-24-2021 Boots on the Ground Guru Nader From The Mid East It's not going happen before Christmas. It's not gonna happen this weekend. Don't listen to all these people tell you yeah it's gonna happen this weekend...I have nothing against anybody...Hang in there. Be happy. Happy holidays. I hope today the council they come out and they go, 'Hey Iraq is good - completely out of any restrictions.' And that's it.
12-24-2021 Newshound Guru Pimpy Their economy is doing very good. Oil prices are still pretty high despite the drop. As long as they keep using the currency [dinar], the place stays stable, there's no civil unrest and we start developing the private sector, the fact that they're out of chapter 7 or getting there, all these will add to the strength in the dinar...they really should reinstate the dinar to the previous rate of 1190 dinar. That would make them [Iraqi citizens] feel a whole lot better that's for sure...I think it's worth it to gain confidence in the dinar... [Reference Pimpy post 12-23-2021]
12-24-2021 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: Talking about how Iraq will rebound after being released from Chapter 7. Release being made by the end of the year is what they say. FRANK: That's what they say. What did I say? They are already released from Chapter 7...Once they announce it officially through Kuwait, look out.
12-24-2021 Intel Guru MarkZ I am hearing that things are still moving forward this year. They have not pushed things out any further then a few days from when we thought we would get notifications. I have big anticipations and want this over as much as you do.
12-24-2021 Intel Guru Holly ...The good news is all is operating smoothly and finally we can proceed forward...We could still see the final release today and that is truly the Christmas miracle! Unfortunately you will not get your notifications till after Christmas! It seems that finally the major issue has been resolved once and for all!
12-24-2021 Intel Guru Frank26 [Iraq boots-on-the-ground TV update] FIREFLY: They just announced to us on television the cancellation of any and all deposits or any withdrawals from any of the private banks in Iraq. They said this is gonna start tomorrow. FRANK: Which is today. FIREFLY: ...until Monday. And all banks will be closed here on Sunday. The reason given was for some annual maintenance to pay account interest and do annual reports. FRANK: These reports...are always done in the first quarter of the following year. For them to tell you that they're doing annual maintenance, to pay accounts of interest and do annual reports is impossible because the year's not over with yet. That may be true to a degree but it sure creates a window of opportunity for the monetary reform doesn't it.
12-24-2021 Newshound/Intel Guru Mnt Goat In Iraq there is news that the dinar is going to soon be redenominated. This means the project to delete the zeros will be conducted soon, if all goes according to schedule. I suspect maybe in early January. We will see the reinstatement shortly afterwards after the CBI monitors for inflation and corruption of the first step. Earlier this week the CBI had long meetings with representatives from all the chartered banks to review the next step of the process of the redenomination. I am told they even showed them the newer notes and fils. But what can we expect as investors? We can expect nothing until the dinar is reinstated on FOREX and as we know the redenomination is the first step in this process...
12-24-2021 Boots on the Ground Guru Nader From The Mid East It's not going happen before Christmas. It's not gonna happen this weekend. Don't listen to all these people tell you yeah it's gonna happen this weekend...I have nothing against anybody...Hang in there. Be happy. Happy holidays. I hope today the council they come out and they go, 'Hey Iraq is good - completely out of any restrictions.' And that's it.
12-24-2021 Newshound Guru Pimpy Their economy is doing very good. Oil prices are still pretty high despite the drop. As long as they keep using the currency [dinar], the place stays stable, there's no civil unrest and we start developing the private sector, the fact that they're out of chapter 7 or getting there, all these will add to the strength in the dinar...they really should reinstate the dinar to the previous rate of 1190 dinar. That would make them [Iraqi citizens] feel a whole lot better that's for sure...I think it's worth it to gain confidence in the dinar... [Reference Pimpy post 12-23-2021]
12-24-2021 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: Talking about how Iraq will rebound after being released from Chapter 7. Release being made by the end of the year is what they say. FRANK: That's what they say. What did I say? They are already released from Chapter 7...Once they announce it officially through Kuwait, look out.
12-24-2021 Intel Guru MarkZ I am hearing that things are still moving forward this year. They have not pushed things out any further then a few days from when we thought we would get notifications. I have big anticipations and want this over as much as you do.
12-24-2021 Intel Guru Holly ...The good news is all is operating smoothly and finally we can proceed forward...We could still see the final release today and that is truly the Christmas miracle! Unfortunately you will not get your notifications till after Christmas! It seems that finally the major issue has been resolved once and for all!
12-24-2021 Intel Guru Frank26 [Iraq boots-on-the-ground TV update] FIREFLY: They just announced to us on television the cancellation of any and all deposits or any withdrawals from any of the private banks in Iraq. They said this is gonna start tomorrow. FRANK: Which is today. FIREFLY: ...until Monday. And all banks will be closed here on Sunday. The reason given was for some annual maintenance to pay account interest and do annual reports. FRANK: These reports...are always done in the first quarter of the following year. For them to tell you that they're doing annual maintenance, to pay accounts of interest and do annual reports is impossible because the year's not over with yet. That may be true to a degree but it sure creates a window of opportunity for the monetary reform doesn't it.
12-24-2021 Newshound/Intel Guru Mnt Goat In Iraq there is news that the dinar is going to soon be redenominated. This means the project to delete the zeros will be conducted soon, if all goes according to schedule. I suspect maybe in early January. We will see the reinstatement shortly afterwards after the CBI monitors for inflation and corruption of the first step. Earlier this week the CBI had long meetings with representatives from all the chartered banks to review the next step of the process of the redenomination. I am told they even showed them the newer notes and fils. But what can we expect as investors? We can expect nothing until the dinar is reinstated on FOREX and as we know the redenomination is the first step in this process...
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12-23-2021 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: CBI officially announced it has paid off Kuwait so all clear with Kuwait. FRANK: The fact that the CBI has made this official means that you are now officially article VIII and your country is about to float and because of that get ready!! Chapter 7 equals float.
12-23-2021 Intel Guru MarkZ [via PDK] I am not hearing any negative news. I am still hearing that we are at a “minute to minute” as they try to push this thing through and have people in the banks in the 2021 year. So there is still a major push happening while we are speaking. ...Don’t rule tomorrow out yet…At the same time I’m not going to wait up and hold my breath until they pop. I know they are close and I am having to make peace with that...It has always been a “when” and not an “if”. And the “when” is getting closer by the day.... We don’t control the timing , but we are close. We all need to somehow hang on.
12-23-2021 Newshound Guru Petra Wasn’t the UN representative Ms Blanchert (sp?) there for several days just 2 weeks ago? Why? IMO, for this very purpose. Did not Kuwait and SA formally recognize Iraq as a sovereign country? Surely they know what that means. Clearly much occurs in the background we don’t know about but the timing of bank activities, cessation of banking activities outside the normal protocols, and the announcement by both the CBI and the representative declaring their sovereignty cannot be ignored. Now there is the “letter” of the law and the “spirit” of the law and IMO the spirit of the law (intent of Chapter 7) has been fulfilled to allow Iraq to move forward with their reinstatement and forward progress of this country as designed in the White Papers. Go Iraq!!! IMO…. [post 2 of 2]
12-23-2021 Newshound Guru Petra The question one must ask is…was the UN aware of the actions both budgetary and strategically as to all the next steps, actions, and necessary protocols to finish payment to Kuwait? Does one think the UN was blind to the approach Iraq was taking to lift all sanctions in order to progress their country to the international marketplace? No! The UN has been in lock step all the way and frankly was part of the timing and strategic moves of Iraq for years. I cannot count how many times the UN was in Iraq or, Iraq was at the UN laying out their carefully laid out plans for their future with the most important document…the White Papers that I would not hesitate to say they had a part or contribution to its development and approval. The final payment to Kuwait was NOT a surprise to the UN. [post 1 of 2....stay tuned]
12-23-2021 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: The CBI on the bottom of the screen they are asking citizens to come in with their money to open new accounts. They're telling us they're going from 4.5% to 6% [Interest]...the governor of the CBI is saying now they want all the money off the streets as much as possible. Then they started talking about exactly how much currency has come out. They did mention this is a process to retrieve the currency in so that the lower notes can exist in the market place now.
12-23-2021 Newshound/Intel Guru Walkingstick [via Guru Frank26] The executive level of the private banks in Iraq are meeting with the CBI. IMO they are discussing now the 1, 5, 10, 20 and 100...new small category notes. Also IMO they are in conversation about the 50 dinar note. The 50 dinar note was taken out of circulation about 10 years ago because it was not compatible with the program rate...IMO they have renderings of all 5 of these new small category notes...What's missing? There is no 25 note...they are also discussing the coins...they are also discussing the exchange rate for these five [notes]...you'll read about it soon [In articles].
12-23-2021 Intel Guru MarkZ [via PDK] I am hearing a number of whales are staying in place over the holiday season. They are still expecting it “any moment”. They were told Sunday is a good possibility if it doesn’t occur before then...But being told they are still pushing hard to get this out within the next few days. If possible. I hope they make it. Don’t throw in the towel yet…I am still hearing very positive things on all fronts from Iraq to Zurich to the 3 different redemption areas here in the US.
12-23-2021 Intel Guru Frank26 Article: "What the Central Bank Has Achieved In Terms Of Monetary Reserves Requires The Government To Reduce The Exchange Rate" There we go again, 'Frank, look they're going to reduce the exchange rate.' You don't seem to understand what they're trying to tell you. It's difficult to interpret a mistranslation...In 2003 the rate was 4500 to 1. It has been reduced to 1460 and continues to be reduced until they get to 1 to 1...the smaller it gets the more you increase the value of the Iraqi dinar. And that's what this means.
12-23-2021 Newshound Guru Pimpy Article: "The Iraqi market is abandoning the dinar...and the government is reassuring: There is no collapse" That's not good. That weakens the dinar. We need to stop the two dollar system over there. They stopped it before but they need to stop it again. They need to do away with the American dollar and just force the people in Iraq to stick to the dinar. That would strengthen the dinar. That's one of the things that needs to happen.
12-23-2021 Boot on the Ground Guru Nader From The Mid East We're waiting for the security council to come out and say, 'hey you guys are completely from Chapter 7.' I know a lot of people tell you we're out since 2017, 18, 13 - yes, some of it we're out...but we're not completely out like people like us who cannot do business. I cannot send stuff to United States. Only through other countries. We're not out. So we're waiting for the security council to come out and say, 'Hey Iraq is good. Iraq is out of Chapter 7. You guys can do whatever you want now.'
12-23-2021 Intel Guru MarkZ [via PDK] Here is what I am hearing...we are still at an “any moment” for timing. And they still plan on a release before Christmas. Rumors out of Iraq are they do not plan on announcing the new government/leadership until Dec. 26th now. Was supposed to be today [Wednesday]. So, is it possible this has been kicked a few days until Sunday or Monday.? It is possible guys. But, it is also possible we can go in 10 minutes…we just do not know. They are still asking people to stay in place. They are still having people working in the Redemption Centers over the holidays...With Christmas day off and a half day n Christmas Eve. I am still feeling hopeful…I know we are really close.
12-23-2021 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: CBI officially announced it has paid off Kuwait so all clear with Kuwait. FRANK: The fact that the CBI has made this official means that you are now officially article VIII and your country is about to float and because of that get ready!! Chapter 7 equals float.
12-23-2021 Intel Guru MarkZ [via PDK] I am not hearing any negative news. I am still hearing that we are at a “minute to minute” as they try to push this thing through and have people in the banks in the 2021 year. So there is still a major push happening while we are speaking. ...Don’t rule tomorrow out yet…At the same time I’m not going to wait up and hold my breath until they pop. I know they are close and I am having to make peace with that...It has always been a “when” and not an “if”. And the “when” is getting closer by the day.... We don’t control the timing , but we are close. We all need to somehow hang on.
12-23-2021 Newshound Guru Petra Wasn’t the UN representative Ms Blanchert (sp?) there for several days just 2 weeks ago? Why? IMO, for this very purpose. Did not Kuwait and SA formally recognize Iraq as a sovereign country? Surely they know what that means. Clearly much occurs in the background we don’t know about but the timing of bank activities, cessation of banking activities outside the normal protocols, and the announcement by both the CBI and the representative declaring their sovereignty cannot be ignored. Now there is the “letter” of the law and the “spirit” of the law and IMO the spirit of the law (intent of Chapter 7) has been fulfilled to allow Iraq to move forward with their reinstatement and forward progress of this country as designed in the White Papers. Go Iraq!!! IMO…. [post 2 of 2]
12-23-2021 Newshound Guru Petra The question one must ask is…was the UN aware of the actions both budgetary and strategically as to all the next steps, actions, and necessary protocols to finish payment to Kuwait? Does one think the UN was blind to the approach Iraq was taking to lift all sanctions in order to progress their country to the international marketplace? No! The UN has been in lock step all the way and frankly was part of the timing and strategic moves of Iraq for years. I cannot count how many times the UN was in Iraq or, Iraq was at the UN laying out their carefully laid out plans for their future with the most important document…the White Papers that I would not hesitate to say they had a part or contribution to its development and approval. The final payment to Kuwait was NOT a surprise to the UN. [post 1 of 2....stay tuned]
12-23-2021 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: The CBI on the bottom of the screen they are asking citizens to come in with their money to open new accounts. They're telling us they're going from 4.5% to 6% [Interest]...the governor of the CBI is saying now they want all the money off the streets as much as possible. Then they started talking about exactly how much currency has come out. They did mention this is a process to retrieve the currency in so that the lower notes can exist in the market place now.
12-23-2021 Newshound/Intel Guru Walkingstick [via Guru Frank26] The executive level of the private banks in Iraq are meeting with the CBI. IMO they are discussing now the 1, 5, 10, 20 and 100...new small category notes. Also IMO they are in conversation about the 50 dinar note. The 50 dinar note was taken out of circulation about 10 years ago because it was not compatible with the program rate...IMO they have renderings of all 5 of these new small category notes...What's missing? There is no 25 note...they are also discussing the coins...they are also discussing the exchange rate for these five [notes]...you'll read about it soon [In articles].
12-23-2021 Intel Guru MarkZ [via PDK] I am hearing a number of whales are staying in place over the holiday season. They are still expecting it “any moment”. They were told Sunday is a good possibility if it doesn’t occur before then...But being told they are still pushing hard to get this out within the next few days. If possible. I hope they make it. Don’t throw in the towel yet…I am still hearing very positive things on all fronts from Iraq to Zurich to the 3 different redemption areas here in the US.
12-23-2021 Intel Guru Frank26 Article: "What the Central Bank Has Achieved In Terms Of Monetary Reserves Requires The Government To Reduce The Exchange Rate" There we go again, 'Frank, look they're going to reduce the exchange rate.' You don't seem to understand what they're trying to tell you. It's difficult to interpret a mistranslation...In 2003 the rate was 4500 to 1. It has been reduced to 1460 and continues to be reduced until they get to 1 to 1...the smaller it gets the more you increase the value of the Iraqi dinar. And that's what this means.
12-23-2021 Newshound Guru Pimpy Article: "The Iraqi market is abandoning the dinar...and the government is reassuring: There is no collapse" That's not good. That weakens the dinar. We need to stop the two dollar system over there. They stopped it before but they need to stop it again. They need to do away with the American dollar and just force the people in Iraq to stick to the dinar. That would strengthen the dinar. That's one of the things that needs to happen.
12-23-2021 Boot on the Ground Guru Nader From The Mid East We're waiting for the security council to come out and say, 'hey you guys are completely from Chapter 7.' I know a lot of people tell you we're out since 2017, 18, 13 - yes, some of it we're out...but we're not completely out like people like us who cannot do business. I cannot send stuff to United States. Only through other countries. We're not out. So we're waiting for the security council to come out and say, 'Hey Iraq is good. Iraq is out of Chapter 7. You guys can do whatever you want now.'
12-23-2021 Intel Guru MarkZ [via PDK] Here is what I am hearing...we are still at an “any moment” for timing. And they still plan on a release before Christmas. Rumors out of Iraq are they do not plan on announcing the new government/leadership until Dec. 26th now. Was supposed to be today [Wednesday]. So, is it possible this has been kicked a few days until Sunday or Monday.? It is possible guys. But, it is also possible we can go in 10 minutes…we just do not know. They are still asking people to stay in place. They are still having people working in the Redemption Centers over the holidays...With Christmas day off and a half day n Christmas Eve. I am still feeling hopeful…I know we are really close.
12-22-2021 Intel Guru Bruce [via WiserNow] So what we’re hearing is that they are going to try to release this to us before Christmas – we’re getting awfully close...a lot of redemption centers will be open on Christmas Eve – the 24th and some have been given extended hours to be able to be open on that day – and do exchanges on that day...
12-22-2021 Intel Guru MarkZ [via PDK] [What are you taking to your exchange Mark?] What I would take If I were you guys is what you would normally take to open a bank account at a bank. Maybe throw in a utility bill…..but I am told you will only need one valid photo ID.
12-22-2021 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: The CBI governor is on television right now he just said that the reserves for the CBI are high enough now to produce stability in the exchange rate. FRANK26: BINGO! The program rate has nothing to do with stability...Stop and think about this...those reserves are not based on the program rate those reserves are based on the education they've been telling them - the new small category notes, the new denominations, the new exchange rate.
12-22-2021 Newshound Guru Breitling Question "I've heard chatter/seen articles but I don't understand the significance in regards to them advancing to the WTO and them going ahead and making a move with adding value?" It means everything. Remember China was a third world #$%#-hole and then how did they get out of that third-world @#$%-hole status? We brought them into the WTO and let them use the World Bank that we created...that means they're part of our market system. That means they have access to the biggest customer base on the planet and that's how you make money...
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12-22-2021 Newshound Guru Kaperoni gurus constantly talk as if the Iraqi dinar is a lottery ticket and a RV is some random act that's going to happen. That is not the case. Only with the success of Iraq 's economy can the dinar go up in value. And that is going to take time.
12-22-2021 Intel Guru Pimpy We don't know the rate. We don't know the date. And there's a lot of people out there blowing smoke up your butt...if I tell you every single day that today is the day that the Iraqi dinar is going to revalue, eventually one day I'm going to get it right...Let's be excited about this news and be happy about it but don't get overboard. Stay grounded. This is all great information. At least now you know what happens when they lift Chapter 7. There's gonna be some huge changes for Iraq... [reference Guru Pimpy 12-13-2021 posts]
12-22-2021 Intel Guru MarkZ [via PDK] There has been a development that is pretty exciting… Today is definitely fair game... there was a big occurrence yesterday that tells us just how close we are...and you can verify this in Iraqi and CBI news as well. Iraq officially paid off their debt to Kuwait…the 52.4 billion dollar debt has been finished being paid to Kuwait yesterday. Iraq is now “Paid in Full!!!” This is the last thing to happen before the RV is released. The CBI officially announced this on Dec 21, 2021. This is absolutely ground-breaking, breath taking HUGE!!! I also heard the election results were expected today…And we still have Redemption Center folks scheduled to work throughout the holidays with Christmas day off and only a half day on Christmas Eve. I am expecting our notifications to happen at any moment now…I have been wrong in the past but this all feels awfully good. Exceptionally good.
12-22-2021 Intel Guru Frank26 Article: "Completing the payment of compensation for the State of Kuwait" Quote "the last remaining installment of the State of Kuwait's compensation amounting to 44 million US dollars has been completed". What did I say over and over? Kuwait was paid...this is big. This is why we have the monetary reform coming. Chapter 7 = Float. You better memorize that.
12-22-2021 Intel Guru Holly ...We are days away from Christmas and yes there is still a strong push to get this out before this holiday. All we need is this to start and most of us will set our appointments up after Christmas, but to have this started would be the Christmas miracle...
12-22-2021 Newshound/Intel Guru Mnt Goat We know that the CBI reserves is about 100 billion USD even though recent fake news told us it was only 64 billion (figures from the summer). I am hearing from my CBI contact that leaving the dinar at 1450 or even bringing it back to 1200 is NOT an option. The new economy and investors now flocking into Iraq will simply not work with the dinar undervalued. Of course by now we all should realize this and that the dinar has been “artificially” held back now since 2012-2013...we can expect to watch for an early January 2022 reinstatement. All the information I have points in this direction...We, as investors, are just a small part of this event and will share in the wealth since we helped Iraq through hard times by investing in the currency.
12-22-2021 Intel Guru MarkZ [via PDK] [What are you taking to your exchange Mark?] What I would take If I were you guys is what you would normally take to open a bank account at a bank. Maybe throw in a utility bill…..but I am told you will only need one valid photo ID.
12-22-2021 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: The CBI governor is on television right now he just said that the reserves for the CBI are high enough now to produce stability in the exchange rate. FRANK26: BINGO! The program rate has nothing to do with stability...Stop and think about this...those reserves are not based on the program rate those reserves are based on the education they've been telling them - the new small category notes, the new denominations, the new exchange rate.
12-22-2021 Newshound Guru Breitling Question "I've heard chatter/seen articles but I don't understand the significance in regards to them advancing to the WTO and them going ahead and making a move with adding value?" It means everything. Remember China was a third world #$%#-hole and then how did they get out of that third-world @#$%-hole status? We brought them into the WTO and let them use the World Bank that we created...that means they're part of our market system. That means they have access to the biggest customer base on the planet and that's how you make money...
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12-22-2021 Newshound Guru Kaperoni gurus constantly talk as if the Iraqi dinar is a lottery ticket and a RV is some random act that's going to happen. That is not the case. Only with the success of Iraq 's economy can the dinar go up in value. And that is going to take time.
12-22-2021 Intel Guru Pimpy We don't know the rate. We don't know the date. And there's a lot of people out there blowing smoke up your butt...if I tell you every single day that today is the day that the Iraqi dinar is going to revalue, eventually one day I'm going to get it right...Let's be excited about this news and be happy about it but don't get overboard. Stay grounded. This is all great information. At least now you know what happens when they lift Chapter 7. There's gonna be some huge changes for Iraq... [reference Guru Pimpy 12-13-2021 posts]
12-22-2021 Intel Guru MarkZ [via PDK] There has been a development that is pretty exciting… Today is definitely fair game... there was a big occurrence yesterday that tells us just how close we are...and you can verify this in Iraqi and CBI news as well. Iraq officially paid off their debt to Kuwait…the 52.4 billion dollar debt has been finished being paid to Kuwait yesterday. Iraq is now “Paid in Full!!!” This is the last thing to happen before the RV is released. The CBI officially announced this on Dec 21, 2021. This is absolutely ground-breaking, breath taking HUGE!!! I also heard the election results were expected today…And we still have Redemption Center folks scheduled to work throughout the holidays with Christmas day off and only a half day on Christmas Eve. I am expecting our notifications to happen at any moment now…I have been wrong in the past but this all feels awfully good. Exceptionally good.
12-22-2021 Intel Guru Frank26 Article: "Completing the payment of compensation for the State of Kuwait" Quote "the last remaining installment of the State of Kuwait's compensation amounting to 44 million US dollars has been completed". What did I say over and over? Kuwait was paid...this is big. This is why we have the monetary reform coming. Chapter 7 = Float. You better memorize that.
12-22-2021 Intel Guru Holly ...We are days away from Christmas and yes there is still a strong push to get this out before this holiday. All we need is this to start and most of us will set our appointments up after Christmas, but to have this started would be the Christmas miracle...
12-22-2021 Newshound/Intel Guru Mnt Goat We know that the CBI reserves is about 100 billion USD even though recent fake news told us it was only 64 billion (figures from the summer). I am hearing from my CBI contact that leaving the dinar at 1450 or even bringing it back to 1200 is NOT an option. The new economy and investors now flocking into Iraq will simply not work with the dinar undervalued. Of course by now we all should realize this and that the dinar has been “artificially” held back now since 2012-2013...we can expect to watch for an early January 2022 reinstatement. All the information I have points in this direction...We, as investors, are just a small part of this event and will share in the wealth since we helped Iraq through hard times by investing in the currency.
12-21-2021 Intel Guru MarkZ They continue to keep the redemption folks in the centers. They have actually asked them to stay late tonight. My contacts were asked to stay late this evening. So a partial crew is working late into the evening…and they expect to work tomorrow. and work late all week except Christmas eve... I think we are looking at now…getting notices and maybe setting our appointments for after the holidays...
12-21-2021 Newshound Guru MilitiaMan Article: "Completion of the payment of compensation to the State of Kuwait" Quote: "The payment of the last remaining installment of the State of Kuwait’s compensation amounting to (44) million US dollars has been completed..." What is not to like about this? This time it comes from the CBI. The last time it was from experts. I’ll look for the UN and USA for that final decision. Now that payment’s are completed, that fact should usher in the final decision to release in totality Iraq from Chapter VII. As stated it will allow Interconnectivity with internal and external banks.. That will be a day to remember!!! Imo -
12-21-2021 Intel Guru Holly There is a major, major push to get this started before Christmas...We have a massive team effort to begin the final release.
12-21-2021 Guest Guru Nader From The Mid East The CBI confirmed... the reserve gone up yesterday to 100 billion. I told you it should be at 100 billion to stable the exchange rate. The second thing have to happen is Chapter 7. The third thing have to happen which is not leaving completely be at least declare the end of the war. This is all of it. If we declare the end of the war and chapter 7 is done you're going to see $1.50 - $2.00 for real by January not February. Let's hope that happen.
12-21-2021 Newshound Guru Vital Brad Restoring Iraq's rate to its previous currency rate...$3.22 - that's a big deal. With oil prices going up the way they are, Iraq can...support a rate like that. Similar to Kuwait.
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12-21-2021 Newshound Guru Breitling Question: "For the IQD...are we in another window?" They're very very confident...they're going to add value to their currency. Having said that, I don't know how to put it in a window...I just have confidence that they have confidence in it.
12-21-2021 Intel Guru MarkZ [via PDK] I can tell you my redemption folks are at least working half a day on Christmas Eve. They will be off on Christmas Day and expect to work Sunday the 26th. That is what they are being told. We are still in a “minute to minute” watch. It’s coming down to a crunch on the timing...There sure is a huge push to get it done.
12-21-2021 Intel Guru Frank26 We're within weeks. I believe it with all my heart...you can see the evidence. If you walk into a forest and the whole place smells like smoke and the trees are burnt, that's evidence there was a forest fire. But you'd have that one person who says, 'No, this is not a forest fire.' ...a lot of people can't see the obvious of what's going on with this investment. It's so blatant. It's so there...there's so much good stuff it's hard to keep up with it all...
12-21-2021 Intel Guru Wolverine ...Received a call from a high source that everything is ready to go...They are doing everything possible to get this started before Christmas.
12-21-2021 Newshound/Intel Guru Mnt Goat I have NEVER seen such recognition by any GOI or CBI of the issues involved in the future of Iraq like we are now seeing in the articles... the GOI is fully admitting the past problems, taking credit for the problems and what they need to do to correct it. I have NEVER seen such sense and outright admission of the REAL problems facing the country of Iraq...to come out in the open and admit it and then to outline the corrective actions to fix it...is just amazing. I have my champagne in the frig all ready and waiting. How about you?
12-21-2021 Newshound Guru MilitiaMan Article: "Completion of the payment of compensation to the State of Kuwait" Quote: "The payment of the last remaining installment of the State of Kuwait’s compensation amounting to (44) million US dollars has been completed..." What is not to like about this? This time it comes from the CBI. The last time it was from experts. I’ll look for the UN and USA for that final decision. Now that payment’s are completed, that fact should usher in the final decision to release in totality Iraq from Chapter VII. As stated it will allow Interconnectivity with internal and external banks.. That will be a day to remember!!! Imo -
12-21-2021 Intel Guru Holly There is a major, major push to get this started before Christmas...We have a massive team effort to begin the final release.
12-21-2021 Guest Guru Nader From The Mid East The CBI confirmed... the reserve gone up yesterday to 100 billion. I told you it should be at 100 billion to stable the exchange rate. The second thing have to happen is Chapter 7. The third thing have to happen which is not leaving completely be at least declare the end of the war. This is all of it. If we declare the end of the war and chapter 7 is done you're going to see $1.50 - $2.00 for real by January not February. Let's hope that happen.
12-21-2021 Newshound Guru Vital Brad Restoring Iraq's rate to its previous currency rate...$3.22 - that's a big deal. With oil prices going up the way they are, Iraq can...support a rate like that. Similar to Kuwait.
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12-21-2021 Newshound Guru Breitling Question: "For the IQD...are we in another window?" They're very very confident...they're going to add value to their currency. Having said that, I don't know how to put it in a window...I just have confidence that they have confidence in it.
12-21-2021 Intel Guru MarkZ [via PDK] I can tell you my redemption folks are at least working half a day on Christmas Eve. They will be off on Christmas Day and expect to work Sunday the 26th. That is what they are being told. We are still in a “minute to minute” watch. It’s coming down to a crunch on the timing...There sure is a huge push to get it done.
12-21-2021 Intel Guru Frank26 We're within weeks. I believe it with all my heart...you can see the evidence. If you walk into a forest and the whole place smells like smoke and the trees are burnt, that's evidence there was a forest fire. But you'd have that one person who says, 'No, this is not a forest fire.' ...a lot of people can't see the obvious of what's going on with this investment. It's so blatant. It's so there...there's so much good stuff it's hard to keep up with it all...
12-21-2021 Intel Guru Wolverine ...Received a call from a high source that everything is ready to go...They are doing everything possible to get this started before Christmas.
12-21-2021 Newshound/Intel Guru Mnt Goat I have NEVER seen such recognition by any GOI or CBI of the issues involved in the future of Iraq like we are now seeing in the articles... the GOI is fully admitting the past problems, taking credit for the problems and what they need to do to correct it. I have NEVER seen such sense and outright admission of the REAL problems facing the country of Iraq...to come out in the open and admit it and then to outline the corrective actions to fix it...is just amazing. I have my champagne in the frig all ready and waiting. How about you?
12-20-2021 Intel Guru Holly ...I just had a call. And there is massive misinformation floating around. They said it would be very crazy at the end with all kinds of misinformation. Please do not focus on the misinformation or anything negative that you hear....The call said there is a massive push to get this done before Christmas...
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12-20-2021 Intel Guru MarkZ [via PDK] [Mark in all your years doing research, have you ever felt like it’s this close before”?] No, I have never felt like it was this close before. ...I can tell you that the chatter right now is overwhelming.
12-20-2021 Newshound Guru NORV [aka Guru Kaperoni] ...The 2% rule is based off the official CBI rate (including fees) not street rate. Take the 1460 x .02 and you have the max street rate within the IMF rules. So 1489 is the rate. They must maintain this for 90 days or more in order for the IMF to accept their request to move to Article VIII. The point being price stability. Cost of goods should not vary throughout the country (this is what MCP is) many gurus don't understand and think MCP is different currencies (like dinar and dollar). Iraq will always have dollars in Iraq as long as they sell oil. For example. A new washing machine should cost 430,000 dinar in Baghdad +- 2% and same goes for Kurdistan. Iraq needs to prove they can maintain this stability before they can engage with the global financial system.
12-20-2021 Intel Guru Frank26 A lot has happened and the interesting thing is that the articles that are released from Iraq...I don't believe they're complete. I believe that the monetary reform education is happening so fast that they don't even have time to really put it in an article. It's not important to be put into articles. What is important is that it be put into the minds, the psyche, the education, the understanding of the Iraqi citizens and that's exactly what's going on. And it's happening fast...
12-20-2021 Intel Guru Holly ...I had very good news yesterday and it was confirmed by three sources, we should see this before Christmas...The release means all should begin and notifications should come out...At this point having the release and setting up our appointments is huge.
12-20-2021 Intel Guru MarkZ [via PDK] My redemption center folks did work over the weekend. Half days. They are expecting to work all week. My folks have been told that no matter what happens they will be off on Dec. 25th...Christmas day. And may be expected to go back to work on the 26th. News is all positive. Still hearing around $2.30 for the dong and close to $5 on the dinar.
12-20-2021 Newshound Guru Pimpy I still think it's going to go up in increments but...I showed you articles from the United Nations council directly from them that says there's no reason why Iraq cannot be reinstated to the original rate. Now having said that - it doesn't mean they're going to be reinstated. I'm just saying if it does that is the rate it appears to be - $3.22...
12-20-20212 Guest Guru Nader From The Mid East Three things have to have before the revalue. 1. The occupation has to leave. The Untied States, France, England, all the armies...Russia, everybody has to leave. I think they're going to leave this week... 2. We have to get out of Chapter 7. We have to. 3. We have to buy more gold and more dollars. I think if we reach the $100 billion...our money will come back very strong. That's what we're waiting for. I think by next month we will reach it...
12-20-2021 Newshound Guru MilitiaMan Article: "Saleh: The Central Bank Has A Comfortable Reserve That Helps It Impose Stability In Exchange Rates" Quote: “the monetary policy of the Central Bank of Iraq has today, a strong foreign reserve tool that can maintain the purchasing power of the Iraqi dinar and face inflationary expectations with a high capacity due to the surplus in the current account of the balance of payments.” What Salih is telling us/them is that they have enough hard currency and foreign currencies to support and defend their exchange rate through open market operations with ease and flexibility. Key word is “OPEN”!!!. Meaning global markets... imo...
12-20-2021 Intel Guru Wolverine Redemption Centre personnel are in their positions since Thursday 16 December 2021...All are fully staffed and are getting fully trained with administrative knowledge. Whales in RENO have been told not to move...We are nearly close to the finish line...this baby is about to land...
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12-20-2021 Intel Guru MarkZ [via PDK] [Mark in all your years doing research, have you ever felt like it’s this close before”?] No, I have never felt like it was this close before. ...I can tell you that the chatter right now is overwhelming.
12-20-2021 Newshound Guru NORV [aka Guru Kaperoni] ...The 2% rule is based off the official CBI rate (including fees) not street rate. Take the 1460 x .02 and you have the max street rate within the IMF rules. So 1489 is the rate. They must maintain this for 90 days or more in order for the IMF to accept their request to move to Article VIII. The point being price stability. Cost of goods should not vary throughout the country (this is what MCP is) many gurus don't understand and think MCP is different currencies (like dinar and dollar). Iraq will always have dollars in Iraq as long as they sell oil. For example. A new washing machine should cost 430,000 dinar in Baghdad +- 2% and same goes for Kurdistan. Iraq needs to prove they can maintain this stability before they can engage with the global financial system.
12-20-2021 Intel Guru Frank26 A lot has happened and the interesting thing is that the articles that are released from Iraq...I don't believe they're complete. I believe that the monetary reform education is happening so fast that they don't even have time to really put it in an article. It's not important to be put into articles. What is important is that it be put into the minds, the psyche, the education, the understanding of the Iraqi citizens and that's exactly what's going on. And it's happening fast...
12-20-2021 Intel Guru Holly ...I had very good news yesterday and it was confirmed by three sources, we should see this before Christmas...The release means all should begin and notifications should come out...At this point having the release and setting up our appointments is huge.
12-20-2021 Intel Guru MarkZ [via PDK] My redemption center folks did work over the weekend. Half days. They are expecting to work all week. My folks have been told that no matter what happens they will be off on Dec. 25th...Christmas day. And may be expected to go back to work on the 26th. News is all positive. Still hearing around $2.30 for the dong and close to $5 on the dinar.
12-20-2021 Newshound Guru Pimpy I still think it's going to go up in increments but...I showed you articles from the United Nations council directly from them that says there's no reason why Iraq cannot be reinstated to the original rate. Now having said that - it doesn't mean they're going to be reinstated. I'm just saying if it does that is the rate it appears to be - $3.22...
12-20-20212 Guest Guru Nader From The Mid East Three things have to have before the revalue. 1. The occupation has to leave. The Untied States, France, England, all the armies...Russia, everybody has to leave. I think they're going to leave this week... 2. We have to get out of Chapter 7. We have to. 3. We have to buy more gold and more dollars. I think if we reach the $100 billion...our money will come back very strong. That's what we're waiting for. I think by next month we will reach it...
12-20-2021 Newshound Guru MilitiaMan Article: "Saleh: The Central Bank Has A Comfortable Reserve That Helps It Impose Stability In Exchange Rates" Quote: “the monetary policy of the Central Bank of Iraq has today, a strong foreign reserve tool that can maintain the purchasing power of the Iraqi dinar and face inflationary expectations with a high capacity due to the surplus in the current account of the balance of payments.” What Salih is telling us/them is that they have enough hard currency and foreign currencies to support and defend their exchange rate through open market operations with ease and flexibility. Key word is “OPEN”!!!. Meaning global markets... imo...
12-20-2021 Intel Guru Wolverine Redemption Centre personnel are in their positions since Thursday 16 December 2021...All are fully staffed and are getting fully trained with administrative knowledge. Whales in RENO have been told not to move...We are nearly close to the finish line...this baby is about to land...
12-19-2021 Intel Guru Frank26 Article: "The Central Bank signs a memorandum of understanding with the Emirates Bank" They're signing with every bank in the world. Why? Because the Iraqi currency is about to go international. United Arab Emirates is just one of many countries that are so excited to be working with the Central Bank of Iraq because they know that they're Article VIII.
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12-19-2021 Newshound Guru Pimpy I think we're way closer to having the real rate of the Iraqi dinar come out than we ever been before. I don't know what that rate is and I have no idea when it's going to happen and anybody that tells you different is full of crap. Nobody knows the rate. Nobody knows the date. Nobody. Except for those in the need-to-know and you and I ain't them. It's exciting to see. Yes it makes me happy...it certainly looks like they're trying to line themselves up with some type of plan to be reinstated...
12-19-2021 Newshound Guru Vital Brad Iraq as a whole is preparing for its international status and they're ready. The requirements have been met. It's time for them to move forward. It's just a matter of when is it going to happen...when will it revalue. No one knows the answer to that...Until I see it I'm not going to believe it...eventually it's going to happen.
12-19-2021 Guest Guru Nader From The Mid East We cannot change the rate that quick because we worried about the economy to crash if oil goes down...we have to take it easy. I'm not telling you the rate is not gonna change. The rate is gonna change before February. I give you the news is good news. The plan is before February but we have to make sure everything is solid and everything is standing on two legs and everything is running correctly before we change the rate. Everyday we have good news coming up...
12-19-2021 Newshound Guru Breitling Question: "You still see them coming in at least 50 cents?" Upper .50 cents - .60 cents around there. Question: "Do you feel they have the ability to hit a dollar?" Yeah, they can go $1.25 no problems. "Possibility of an RV at $2.50 for the IQD?" No. Not even close. It will be below a buck. Can it go higher than that? Yes. But they want a ceiling where the can grow...$2.50 that's a completely different plan. That would start after they add value to the currency. That's way on down the road if that was to happen.
12-19-2021 Intel Guru BobTheTaxMan Here's the key thing about the CRUT [Charitable Remainder Unitrust] it can provide you a lifetime of income and it defers the income. Remember when you exchange your IQD under the umbrella of the CRUT it is a non-taxable event. It's a tax-free environment. So picture this...you've got the paperwork, you've got the EIN [Federal number], you go to the bank, they open up the bank account in the name of the CRUT, you give them your IQD and they exchange it but instead of it going into your hands it went directly into the CRUT so it's a tax-free environment. You were not exposed through a taxable event... [NOTE: Consult your tax professionals at the appropriate time to determine the best tax strategy and opportunities for your unique circumstances.]
12-19-2021 Newshound/Intel Guru Mnt Goat ...can we still expect the reinstatement of the IQD on Forex soon? ...Just remember that Iraq can not do what they are telling us they want to do in the White Paper without a currency with a true value... the White Paper and Financial Minister whole-heartedly support its purpose and implementation. We have read in many prior articles that the CBI and Financial Committee wants Iraq to go back to the “glory days” and we surely know what this means for us and our investment...the Iraq dinar was valued at $4+. Wow! Is this really possible now? Yes, and it is coming since we already can see the new rate in the Quantum Financial System (QFS) just sitting there waiting to be pushed down stream into implementation ...The White Paper clearly addresses the implementation of the IQD to go international...They actually say “FOREX”.
12-19-2021 Intel Guru MarkZ [via PDK] ...based on what I am hearing I anticipate exchanges happening very early in the week. I am very hopeful this is actually it. People at exchange centers had been hoping to be exchanging folks this weekend... I spoke with 3 different contacts at Redemption Centers...and they are fully staffed. They said its very festive today…they are not anticipating any redemptions today [Saturday] and tomorrow but are staffed making preparations. They anticipate our release before the holidays...Whales are still sitting where they need to be…everyone is very festive. Everyone seems to be in a long-stretched out holiday party waiting to exchange.
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12-19-2021 Newshound Guru Pimpy I think we're way closer to having the real rate of the Iraqi dinar come out than we ever been before. I don't know what that rate is and I have no idea when it's going to happen and anybody that tells you different is full of crap. Nobody knows the rate. Nobody knows the date. Nobody. Except for those in the need-to-know and you and I ain't them. It's exciting to see. Yes it makes me happy...it certainly looks like they're trying to line themselves up with some type of plan to be reinstated...
12-19-2021 Newshound Guru Vital Brad Iraq as a whole is preparing for its international status and they're ready. The requirements have been met. It's time for them to move forward. It's just a matter of when is it going to happen...when will it revalue. No one knows the answer to that...Until I see it I'm not going to believe it...eventually it's going to happen.
12-19-2021 Guest Guru Nader From The Mid East We cannot change the rate that quick because we worried about the economy to crash if oil goes down...we have to take it easy. I'm not telling you the rate is not gonna change. The rate is gonna change before February. I give you the news is good news. The plan is before February but we have to make sure everything is solid and everything is standing on two legs and everything is running correctly before we change the rate. Everyday we have good news coming up...
12-19-2021 Newshound Guru Breitling Question: "You still see them coming in at least 50 cents?" Upper .50 cents - .60 cents around there. Question: "Do you feel they have the ability to hit a dollar?" Yeah, they can go $1.25 no problems. "Possibility of an RV at $2.50 for the IQD?" No. Not even close. It will be below a buck. Can it go higher than that? Yes. But they want a ceiling where the can grow...$2.50 that's a completely different plan. That would start after they add value to the currency. That's way on down the road if that was to happen.
12-19-2021 Intel Guru BobTheTaxMan Here's the key thing about the CRUT [Charitable Remainder Unitrust] it can provide you a lifetime of income and it defers the income. Remember when you exchange your IQD under the umbrella of the CRUT it is a non-taxable event. It's a tax-free environment. So picture this...you've got the paperwork, you've got the EIN [Federal number], you go to the bank, they open up the bank account in the name of the CRUT, you give them your IQD and they exchange it but instead of it going into your hands it went directly into the CRUT so it's a tax-free environment. You were not exposed through a taxable event... [NOTE: Consult your tax professionals at the appropriate time to determine the best tax strategy and opportunities for your unique circumstances.]
12-19-2021 Newshound/Intel Guru Mnt Goat ...can we still expect the reinstatement of the IQD on Forex soon? ...Just remember that Iraq can not do what they are telling us they want to do in the White Paper without a currency with a true value... the White Paper and Financial Minister whole-heartedly support its purpose and implementation. We have read in many prior articles that the CBI and Financial Committee wants Iraq to go back to the “glory days” and we surely know what this means for us and our investment...the Iraq dinar was valued at $4+. Wow! Is this really possible now? Yes, and it is coming since we already can see the new rate in the Quantum Financial System (QFS) just sitting there waiting to be pushed down stream into implementation ...The White Paper clearly addresses the implementation of the IQD to go international...They actually say “FOREX”.
12-19-2021 Intel Guru MarkZ [via PDK] ...based on what I am hearing I anticipate exchanges happening very early in the week. I am very hopeful this is actually it. People at exchange centers had been hoping to be exchanging folks this weekend... I spoke with 3 different contacts at Redemption Centers...and they are fully staffed. They said its very festive today…they are not anticipating any redemptions today [Saturday] and tomorrow but are staffed making preparations. They anticipate our release before the holidays...Whales are still sitting where they need to be…everyone is very festive. Everyone seems to be in a long-stretched out holiday party waiting to exchange.
12-18-2021 Intel Guru Frank26 The central bank of Iraq has hooked up with all the banks that we can think of around the world. I know people talk about a GCR but that's not what's going on. Ironically enough every currency on this planet Earth is interested in talking to Iraq 's Central Bank...every bank in the world is visiting the CBI right now and talking behind closed doors...
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12-18-2021 Newshound Guru Pimpy I still think it's going to go up in increments. I still think at the very least they can restore it back to the rate it was prior to this earlier devaluing...our time will come. Right now the people in Iraq they should come first. They need to get away from depending so much on oil. They really need to develop their private sectors...
12-18-2021 Newshound Guru MilitiaMan Article: "The Board of Directors of The Arab Monetary Fund will hold its two hundred first meeting on Thursday 16, 2021" Quote: "Successful completion of the first-of-its-kind joint experiment of interconnection between the “Bunna” platform for Arab payments and the European Instant Payment Settlement System to carry out instant payment settlement business in multiple currencies" The most important part is the system has been tested successfully and with multiple currencies, imo that includes the Iraqi Dinar. With the amount of news coming out from the AMF and the CBI we can clearly see that the digital transformation is well under way. ...Yes, indeed we are in a great place.
12-18-2021 Intel Guru Holly ...We had a great week with moving many pieces on the puzzle board in position. So much behind the scenes is going on. It has always been about safety and security. The release will not happen till that happens. From what I heard that has happened and we are waiting on the final release. That can occur anytime between now and Christmas...
12-18-2021 Newshound Guru Kaperoni ...Comparing Kuwait to Iraq...all misdirection. LOL. No, Kuwait has 40 billion in circulation and Iraq has 100 trillion. Do the math, there is no RV.
12-18-2021 Newshound Guru Vital Brad I was thinking with the new administration this reset wouldn't happen. I thought it was pushed off and I thought we were out of luck but it actually seems like they'e pushing it even harder. They're pushing it faster...the stage is being set...
12-18-2021 Intel Guru Wolverine JUST IN…Money is moving!!! Celebrations behind the scenes as transfers are being made. You are next!!!
12-18-2021 Intel Guru Frank26 Article: "Economist: What the Central Bank has achieved in terms of monetary reserves requires the government to reduce the exchange rate" ...In 2003 the rate was about 4500 to 1. It has been reduced to 1460 and continues to be reduced until they get to 1 to 1. It started as a very large number and it has to be reduced to 1 to 1 ratio. That's what they're doing so they can de-peg from the American dollar and be...1 to 1 on par with it. Now let's go international because we got a lot of people that want to use the Iraqi dinar. The value internationally is going to skyrocket.
12-18-2021 Newshound Guru Pimpy People are saying, 'Hey once the Iraqi dinar is on the Forex then that's when things really change.' ...straight from the Forex, "Can I trade the Iraqi dinar? At this time forex.com does not offer trading in the Iraqi dinar..." At the moment you can see the IQD is not even traded on the Forex so that's another step that has to be taken. But first and foremost they have to get out of Chapter 7. Once they're out of Chapter 7 I think you're going to see things happen very quickly. World Trade Organization, sovereignty restored, the increase in oil production, removed off the blacklist in the UK. The Iraqi people are going to have a lot to celebrate. Their purchasing power is going to increase...if we're going to see an actual RV or RI it'll happen right before they're put on the Forex. I still think it's going to go up in increments - I know. Don't boo me.
12-18-2021 Intel Guru MarkZ [What can I expect to get for Dinar and dong?] ...I am hearing somewhere around $4.80 for the dinar and somewhere around $2.30 for the dong.
12-18-2021 Newshound Guru Breitling It's very simple. They need to make sure that they can get out from the US dollar (not offend the United States doing it) and add value to the currency. And guess what - That's exactly what they're doing. It's step-by-step-by-step...you should have a huge smile and grin on your face because you know what's coming...zero hype. 100% pure policy...they're going to revalue. They're going to add value to their currency. It's going to be phenomenal...
12-18-2021 Intel Guru RayRen98 Some banks are targeting Saturday for their first public exchange activity. [Time Will Tell]
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12-18-2021 Newshound Guru Pimpy I still think it's going to go up in increments. I still think at the very least they can restore it back to the rate it was prior to this earlier devaluing...our time will come. Right now the people in Iraq they should come first. They need to get away from depending so much on oil. They really need to develop their private sectors...
12-18-2021 Newshound Guru MilitiaMan Article: "The Board of Directors of The Arab Monetary Fund will hold its two hundred first meeting on Thursday 16, 2021" Quote: "Successful completion of the first-of-its-kind joint experiment of interconnection between the “Bunna” platform for Arab payments and the European Instant Payment Settlement System to carry out instant payment settlement business in multiple currencies" The most important part is the system has been tested successfully and with multiple currencies, imo that includes the Iraqi Dinar. With the amount of news coming out from the AMF and the CBI we can clearly see that the digital transformation is well under way. ...Yes, indeed we are in a great place.
12-18-2021 Intel Guru Holly ...We had a great week with moving many pieces on the puzzle board in position. So much behind the scenes is going on. It has always been about safety and security. The release will not happen till that happens. From what I heard that has happened and we are waiting on the final release. That can occur anytime between now and Christmas...
12-18-2021 Newshound Guru Kaperoni ...Comparing Kuwait to Iraq...all misdirection. LOL. No, Kuwait has 40 billion in circulation and Iraq has 100 trillion. Do the math, there is no RV.
12-18-2021 Newshound Guru Vital Brad I was thinking with the new administration this reset wouldn't happen. I thought it was pushed off and I thought we were out of luck but it actually seems like they'e pushing it even harder. They're pushing it faster...the stage is being set...
12-18-2021 Intel Guru Wolverine JUST IN…Money is moving!!! Celebrations behind the scenes as transfers are being made. You are next!!!
12-18-2021 Intel Guru Frank26 Article: "Economist: What the Central Bank has achieved in terms of monetary reserves requires the government to reduce the exchange rate" ...In 2003 the rate was about 4500 to 1. It has been reduced to 1460 and continues to be reduced until they get to 1 to 1. It started as a very large number and it has to be reduced to 1 to 1 ratio. That's what they're doing so they can de-peg from the American dollar and be...1 to 1 on par with it. Now let's go international because we got a lot of people that want to use the Iraqi dinar. The value internationally is going to skyrocket.
12-18-2021 Newshound Guru Pimpy People are saying, 'Hey once the Iraqi dinar is on the Forex then that's when things really change.' ...straight from the Forex, "Can I trade the Iraqi dinar? At this time forex.com does not offer trading in the Iraqi dinar..." At the moment you can see the IQD is not even traded on the Forex so that's another step that has to be taken. But first and foremost they have to get out of Chapter 7. Once they're out of Chapter 7 I think you're going to see things happen very quickly. World Trade Organization, sovereignty restored, the increase in oil production, removed off the blacklist in the UK. The Iraqi people are going to have a lot to celebrate. Their purchasing power is going to increase...if we're going to see an actual RV or RI it'll happen right before they're put on the Forex. I still think it's going to go up in increments - I know. Don't boo me.
12-18-2021 Intel Guru MarkZ [What can I expect to get for Dinar and dong?] ...I am hearing somewhere around $4.80 for the dinar and somewhere around $2.30 for the dong.
12-18-2021 Newshound Guru Breitling It's very simple. They need to make sure that they can get out from the US dollar (not offend the United States doing it) and add value to the currency. And guess what - That's exactly what they're doing. It's step-by-step-by-step...you should have a huge smile and grin on your face because you know what's coming...zero hype. 100% pure policy...they're going to revalue. They're going to add value to their currency. It's going to be phenomenal...
12-18-2021 Intel Guru RayRen98 Some banks are targeting Saturday for their first public exchange activity. [Time Will Tell]
12-17-2021 Intel Guru MarkZ [via PDK] I am still hearing reports that they still expect or hope to have announcements out before the weekend is over. We are all praying this is accurate. I am still being told they are pushing hard to get this done. [Mark, do you think notifications are possible tomorrow?] Based on what I am hearing it’s very possible. I know there is a mad dash to complete things...I know this waiting thing is not fun…but, its where we are at.
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12-17-2021 Newshound Guru Pimpy Article: "The government has boosted the cash reserve by about $10 billion" One of the things that help with the exchange rate is you have to have an abundance of foreign reserves. It was almost depleted. It now received a boost of 10 billion...that's a good thing. A good step forward. We need to keep going...they're getting there.
12-17-2021 Intel Guru Bruce [via WiserNow] ...from other sources – very high up...we were able to get information about the timing that you and I are looking forward to – and we believe from our sources – that this is going to go for us with notifications in the next couple of days and exchanges to start on the same day...My understanding is we should get this Saturday morning...if everything is going according to plan...I was told this – if that it does not occur and we do not get notified Saturday - I am going to paraphrase this - “we dang well should go on Monday”... I’ve been told this will be the best Christmas that we’ve ever had...It’s been a long ride and I am excited for all of us...
12-17-2021 Guest Guru Nader From The Mid East Somebody ask me the money is going to be 1200 instead of 1460 and it's going to stay like that. No. It's going to be maybe between 1000 and 1200 yes. But it's going to fluctuate. I think in a couple months because it's going to go up so fast it's going to go up to $1.50. For me, the end of February it's going to $1.50 if everything goes smoothly of course and everything goes right.
12-17-2021 Intel Guru Holly ...We have never been so close on this journey. You can feel the momentum building every day. We are in uncharted territory and this ship is ready to land...We are close and the word is imminent...
12-17-2021 Newshound Guru Kaperoni Iraq's central bank's reserves going up to $64 billion is an indication that there's going to be an RV. LOL. No, they needed to raise the reserves to cover the currency in circulation which is over a hundred trillion dinar!
12-17-2021 Intel Guru Walkingstick [via Guru Frank26] The Iraqi citizens have to see the new small category notes first before they are given the new small category notes and the exchange rate together. IMO what is going to happen soon is that the banks of Iraq are going to show the citizens...the description, the size, colors, the pictures themselves/specimen forms...on television, commercial, in the local newspapers, electronic billboards, at the exchange centers, at the mosques, at the markets, at every bank...now we got to get these samples to the managers/tellers because they got to explain to the citizens now...
12-17-2021 Intel Guru MarkZ [via PDK] We are hearing fantastic things…Over the weekend we are hearing they hope to have announcements out…meaning we may get to make appointments before the end of the weekend. Doesn’t mean they will start appointments…but you may get to make them...I hope this is accurate. We need to manage our expectations because we have been here before. We are all hoping this is the “real thing”. Things are heating up…they are setting up the perfect stage for our reset.
12-17-2021 Newshound Guru Pimpy I try really hard not to get sucked down that rabbit hole when it goes to the RI or RV. I'm not saying it won't happen, I'm just saying there's too many major things that have to fall into place for that to happen. It was my feeling that we would have them have the rate change in increments. But the very things that I know that need to take place for them to do an RI or an RV are actually playing out...
12-17-2021 Intel Guru Wolverine ...The RV is only days away now as I received a message straight from the source (boots on the ground). This is not from a third party or anything like that. I’m sure everyone is excited and waiting for the green light...
12-17-2021 Intel Guru Frank26 ...the point I'm making is that when we arrived it was beyond worthless. As the years have gone by and as we've improved Iraq the value of the Iraqi dinar has gone up...it went down on December 20th [2020] - Why? ...so that they could pay a bunch of bills at a lower rate...The goal is to get it to 1000 to 1. That's why they're telling the citizens we're very close to getting it to 1200 to 1...the smaller that the exchange rate number gets - it's not decrease in the value - it's actually increasing the value of the Iraqi dinar. [Post 2 of 2]
12-17-2021 Intel Guru Frank26 Article: "The Central Bank is talking about 'returning' the dollar exchange rate to 1200" This article is 100% correct...this is a decrease in the correct direction from Dec 20th to reach 1 to 1...when they say they are lowing the exchange rate and returning the dollar exchange rate to 1200 they're talking about an increase in the value of the Iraqi dinar...back in 2003 the exchange rate of the Iraqi dinar against the American dollar was something like 4500-4800 to 1...five or six years later...it went down to around 3600 to 1. Then two years after...it went to 1460 to 1... [Post 1 of 2 stay tuned]
12-17-2021 Intel Guru HOLLY ...I’m telling you there is no false hope! ...I have tangible evidence that this is happening in regards to our blessing now and all pieces are being connected.
12-17-2021 Intel Guru MarkZ [via PDK] I am hearing fantastic things... hearing there is a mad push. Whether they will make it or not….we will see. I know there is a tremendous amount of anticipation now…especially during the holiday season. We need to manage our expectations. But I will tell you from my sources all over the globe- that there is a big push going on. I am excited at this point. I hope this is it…we are all tired of hype then big let downs…but so much is happening right now.
12-17-2021 Dinar Investors Get Free Crypto Join over 956,657 others who want free crypto. The deal is simple - Place a hotspot in your home or office and get free crypto. You get a couple hundred bucks of crypo each and every month forever. Get free crypto while you sleep. Details are on the get free crypto page. Click here to learn more. The latest Dinar Guru post continue below...
12-17-2021 Newshound Guru Pimpy Article: "The government has boosted the cash reserve by about $10 billion" One of the things that help with the exchange rate is you have to have an abundance of foreign reserves. It was almost depleted. It now received a boost of 10 billion...that's a good thing. A good step forward. We need to keep going...they're getting there.
12-17-2021 Intel Guru Bruce [via WiserNow] ...from other sources – very high up...we were able to get information about the timing that you and I are looking forward to – and we believe from our sources – that this is going to go for us with notifications in the next couple of days and exchanges to start on the same day...My understanding is we should get this Saturday morning...if everything is going according to plan...I was told this – if that it does not occur and we do not get notified Saturday - I am going to paraphrase this - “we dang well should go on Monday”... I’ve been told this will be the best Christmas that we’ve ever had...It’s been a long ride and I am excited for all of us...
12-17-2021 Guest Guru Nader From The Mid East Somebody ask me the money is going to be 1200 instead of 1460 and it's going to stay like that. No. It's going to be maybe between 1000 and 1200 yes. But it's going to fluctuate. I think in a couple months because it's going to go up so fast it's going to go up to $1.50. For me, the end of February it's going to $1.50 if everything goes smoothly of course and everything goes right.
12-17-2021 Intel Guru Holly ...We have never been so close on this journey. You can feel the momentum building every day. We are in uncharted territory and this ship is ready to land...We are close and the word is imminent...
12-17-2021 Newshound Guru Kaperoni Iraq's central bank's reserves going up to $64 billion is an indication that there's going to be an RV. LOL. No, they needed to raise the reserves to cover the currency in circulation which is over a hundred trillion dinar!
12-17-2021 Intel Guru Walkingstick [via Guru Frank26] The Iraqi citizens have to see the new small category notes first before they are given the new small category notes and the exchange rate together. IMO what is going to happen soon is that the banks of Iraq are going to show the citizens...the description, the size, colors, the pictures themselves/specimen forms...on television, commercial, in the local newspapers, electronic billboards, at the exchange centers, at the mosques, at the markets, at every bank...now we got to get these samples to the managers/tellers because they got to explain to the citizens now...
12-17-2021 Intel Guru MarkZ [via PDK] We are hearing fantastic things…Over the weekend we are hearing they hope to have announcements out…meaning we may get to make appointments before the end of the weekend. Doesn’t mean they will start appointments…but you may get to make them...I hope this is accurate. We need to manage our expectations because we have been here before. We are all hoping this is the “real thing”. Things are heating up…they are setting up the perfect stage for our reset.
12-17-2021 Newshound Guru Pimpy I try really hard not to get sucked down that rabbit hole when it goes to the RI or RV. I'm not saying it won't happen, I'm just saying there's too many major things that have to fall into place for that to happen. It was my feeling that we would have them have the rate change in increments. But the very things that I know that need to take place for them to do an RI or an RV are actually playing out...
12-17-2021 Intel Guru Wolverine ...The RV is only days away now as I received a message straight from the source (boots on the ground). This is not from a third party or anything like that. I’m sure everyone is excited and waiting for the green light...
12-17-2021 Intel Guru Frank26 ...the point I'm making is that when we arrived it was beyond worthless. As the years have gone by and as we've improved Iraq the value of the Iraqi dinar has gone up...it went down on December 20th [2020] - Why? ...so that they could pay a bunch of bills at a lower rate...The goal is to get it to 1000 to 1. That's why they're telling the citizens we're very close to getting it to 1200 to 1...the smaller that the exchange rate number gets - it's not decrease in the value - it's actually increasing the value of the Iraqi dinar. [Post 2 of 2]
12-17-2021 Intel Guru Frank26 Article: "The Central Bank is talking about 'returning' the dollar exchange rate to 1200" This article is 100% correct...this is a decrease in the correct direction from Dec 20th to reach 1 to 1...when they say they are lowing the exchange rate and returning the dollar exchange rate to 1200 they're talking about an increase in the value of the Iraqi dinar...back in 2003 the exchange rate of the Iraqi dinar against the American dollar was something like 4500-4800 to 1...five or six years later...it went down to around 3600 to 1. Then two years after...it went to 1460 to 1... [Post 1 of 2 stay tuned]
12-17-2021 Intel Guru HOLLY ...I’m telling you there is no false hope! ...I have tangible evidence that this is happening in regards to our blessing now and all pieces are being connected.
12-17-2021 Intel Guru MarkZ [via PDK] I am hearing fantastic things... hearing there is a mad push. Whether they will make it or not….we will see. I know there is a tremendous amount of anticipation now…especially during the holiday season. We need to manage our expectations. But I will tell you from my sources all over the globe- that there is a big push going on. I am excited at this point. I hope this is it…we are all tired of hype then big let downs…but so much is happening right now.
12-16-2021 Intel Guru WOLVERINE ...Just received a telephone call from a very high contact and said “It’s coming it’s coming it’s coming” Very excited...I’m also very excited...
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12-16-2021 Newshound Guru Kaperoni It simply reinstates Iraq to its natural status in the world and without oversight or restrictions. If and when Iraq begins to raise the value of the dinar it won't be because of some status or charter it will be based on the success of Iraq's economy and the pressure created as a result of significant investment through the capital account of the Central Bank of Iraq. [Post 2 of 2]
12-16-2021 Newshound Guru Kaperoni Though many are anticipating...Iraq being released from UN Chapter 7 soon, history tells is nothing happens fast in Iraq. My expectations are if Iraq does fulfill its financial obligations to Kuwait the soonest a UN official release would come would be sometime 1st quarter 2022...I am looking at March or April at the soonest to officially be removed...gurus are making more out of it than it is (as if it's a key to a mythical RV). [Post 1 of 2....stay tuned]
12-16-2021 Newshound Guru Pimpy Here's something to think about. Iraq is being expedited through the World Trade Organization. Iraq has started infrastructure and rebuilding. Their economy is recovering. Remember this year we saw an article in which Iraq led all Arab nations as far as GDP was concerned. The growth is there...we know there's other oil fields out there that they just found. We know the country is stable...we also know that [Sadr] is the man who said before the elections that he wants the Iraqi dinar rate change to go back. Now he didn't say where to but he said it was too low and it was effecting the poor people. So we know we have...a holy man and a leader, very influential that at least is going to be campaigning about increasing the value of the dinar.
12-16-2021 Intel Guru Frank26 We've got the education at a different level now. It's faster. It's also more revealing...It's getting louder and deeper on an international scale... They're showing in the last two weeks or so the citizens of Iraq how Iraq is becoming International with their currency. They told them about the new exchange rate. They told them about the new small category notes...
12-16-2021 Guest Guru Nader From The Mid East United States is still in Iraq. That means the war is still going. Your President didn't declare the end of war...Once the end of war declared is good. Once Kuwait has been paid totally - it's a good thing. Once we are out of Chapter 7 - Right now me I cannot sell anything as a salesman because that's the instruction. We can't. We're trying to do business with South Africa, through Turkey, through Kuwait, through Bahrain, through Saudis. We wanna sell to the world...We want to sell a lot of things but we can't because we're in chapter 7. Chapter 7 is stopping us...Me as a business guy I have to buy form Turkey and sell it and it's costing me a lot. I'm making a little but not a lot. Not like my dad used to do or my uncle...
12-16-2021 Intel Guru MarkZ [via PDK] Many more people in place…Every single person who is “key” to this process is exactly where they need to be...At this point we are just waiting for somebody to flip that switch. I know it’s painful...like watching paint dry…but, we appear to be right on top of it.
12-16-2021 Newshound Guru Pimpy Article: "The Central Bank announces the preparations of a study of the currency structure project and warns against changing the exchange rate" I think the exchange rate is going to go up in increments. That's just my own personal opinion but they seem to be doing a lot more than just preparing for small increments. There's something definitely bigger going on.
12-16-2021 Intel Guru Holly ...I can tell you the test groups were successful and we are moving to getting ready for the final release. No one knows the time or the day. We are in the window. Be ready.
12-16-2021 Intel Guru Frank26 Wouldn't it be amazing if they showed them the new small category notes? But first they have to explain to them the new small category notes. They have to explain to the exchange rate changing. Think about it. You barely have an education of maybe 1st grade/2nd grade and they hand you something brand new. A new currency and you're supposed to understand and go about your business? Of course not silly rabbit. That's why the education is so important. Why? Because it must not fail with the citizens of Iraq.
12-16-2021 Newshound Guru Breitling Question: "How do you feel about the articles where they say they're almost done paying Kuwait and The IMF giving them another good report. How do you feel about that?" It gets us very very close.
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12-16-2021 Newshound Guru Kaperoni It simply reinstates Iraq to its natural status in the world and without oversight or restrictions. If and when Iraq begins to raise the value of the dinar it won't be because of some status or charter it will be based on the success of Iraq's economy and the pressure created as a result of significant investment through the capital account of the Central Bank of Iraq. [Post 2 of 2]
12-16-2021 Newshound Guru Kaperoni Though many are anticipating...Iraq being released from UN Chapter 7 soon, history tells is nothing happens fast in Iraq. My expectations are if Iraq does fulfill its financial obligations to Kuwait the soonest a UN official release would come would be sometime 1st quarter 2022...I am looking at March or April at the soonest to officially be removed...gurus are making more out of it than it is (as if it's a key to a mythical RV). [Post 1 of 2....stay tuned]
12-16-2021 Newshound Guru Pimpy Here's something to think about. Iraq is being expedited through the World Trade Organization. Iraq has started infrastructure and rebuilding. Their economy is recovering. Remember this year we saw an article in which Iraq led all Arab nations as far as GDP was concerned. The growth is there...we know there's other oil fields out there that they just found. We know the country is stable...we also know that [Sadr] is the man who said before the elections that he wants the Iraqi dinar rate change to go back. Now he didn't say where to but he said it was too low and it was effecting the poor people. So we know we have...a holy man and a leader, very influential that at least is going to be campaigning about increasing the value of the dinar.
12-16-2021 Intel Guru Frank26 We've got the education at a different level now. It's faster. It's also more revealing...It's getting louder and deeper on an international scale... They're showing in the last two weeks or so the citizens of Iraq how Iraq is becoming International with their currency. They told them about the new exchange rate. They told them about the new small category notes...
12-16-2021 Guest Guru Nader From The Mid East United States is still in Iraq. That means the war is still going. Your President didn't declare the end of war...Once the end of war declared is good. Once Kuwait has been paid totally - it's a good thing. Once we are out of Chapter 7 - Right now me I cannot sell anything as a salesman because that's the instruction. We can't. We're trying to do business with South Africa, through Turkey, through Kuwait, through Bahrain, through Saudis. We wanna sell to the world...We want to sell a lot of things but we can't because we're in chapter 7. Chapter 7 is stopping us...Me as a business guy I have to buy form Turkey and sell it and it's costing me a lot. I'm making a little but not a lot. Not like my dad used to do or my uncle...
12-16-2021 Intel Guru MarkZ [via PDK] Many more people in place…Every single person who is “key” to this process is exactly where they need to be...At this point we are just waiting for somebody to flip that switch. I know it’s painful...like watching paint dry…but, we appear to be right on top of it.
12-16-2021 Newshound Guru Pimpy Article: "The Central Bank announces the preparations of a study of the currency structure project and warns against changing the exchange rate" I think the exchange rate is going to go up in increments. That's just my own personal opinion but they seem to be doing a lot more than just preparing for small increments. There's something definitely bigger going on.
12-16-2021 Intel Guru Holly ...I can tell you the test groups were successful and we are moving to getting ready for the final release. No one knows the time or the day. We are in the window. Be ready.
12-16-2021 Intel Guru Frank26 Wouldn't it be amazing if they showed them the new small category notes? But first they have to explain to them the new small category notes. They have to explain to the exchange rate changing. Think about it. You barely have an education of maybe 1st grade/2nd grade and they hand you something brand new. A new currency and you're supposed to understand and go about your business? Of course not silly rabbit. That's why the education is so important. Why? Because it must not fail with the citizens of Iraq.
12-16-2021 Newshound Guru Breitling Question: "How do you feel about the articles where they say they're almost done paying Kuwait and The IMF giving them another good report. How do you feel about that?" It gets us very very close.
12-15-2021 Intel Guru MarkZ [via PDK] [does it still look good for an RV before Christmas?] It still looks good...On the Iraqi front because many people are freaking out…seeing articles and videos that Iraq has made final reparations to Kuwait. Also that they will have final election results by the 22nd. So to me anytime between now and then is fair game...it could happen any day of the week...Any time of the day... I know they are pushing hard to get it done…We are at a “moment to moment” for it to happen.
12-15-2021 Newshound Guru Kaperoni Fitch the credit agency stated in the media today they expect Iraq 's economic growth to go up by over 8.1% in 2022. This is so significant.
12-15-2021 Intel Guru Frank26 Article: "The Central Bank: The Cash reserve increased to 62 Billion dollar" Quote "...which makes it able to influence exchange rates and to prove a comfortably sable economic environment." If we were to translate that into simple English all it says is we're raising the value of our currency and we're bringing out a new currency to match that value. This is great news! This is what we wanted to hear. It's no secret. Everybody know Iraq is lifting the value of its currency and going through the process. No body knows when but it looks like it's pretty darn close...
12-15-2021 Newshound Guru Pimpy Man there sure is a lot of talk about exchange rate changes...you can tell they're really looking into a serious rate change. They have studies going on and I know it says a study at 1200 dinars but really do you have to put together a whole entire committee just to check out 1200 dinars? For the past couple months in the news religiously have been talk about the exchange rate. Will something happen in 2021? It's possible.
12-15-2021 Intel Guru BobTheTaxMan ...instead of cashing in all that IQD and then paying that 40% taxation (not counting what the state's going to assess)...cash in a smaller amount, enough for a down payment and then borrow the money on that house. You're further ahead in the long run to do it that way than to expose yourself to an immediate huge tax bill. On the day you do this, pay your taxes - federal and state. Get them out of the way because they will assess interest and penalties if you don't pay in a timely manner. [Post 2 of 2] [NOTE: Consult your tax professionals at the appropriate time to determine the best exchange strategies for your unique goals and circumstances.]
12-15-2021 Intel Guru BobTheTaxMan ...Taxes...it's the biggest hole in your financial ship. Let's just say if you just got a little bit of IQD...make sure that you're going to be lessening your immediate taxes. Only cash in enough to meet what your goals are...It's all going to be dependent upon what the value is going to be. You want to reduce those income and capital gains taxes. A suggestion might be if one of your goals was to buy a house... [Post 1 of 2....stay tuned]
12-15-2021 Intel Guru MarkZ [via PDK] What I am hearing is that everyone is in place …people are sitting where they are supposed to sit. We have more whales arrived as they prepare to process in 4a…we are getting a little bit closer every day...
12-15-2021 Intel Guru Holly They are continuing to bring in people from T4a and they are being processed. T4a is a test group to test the redemption centers. All is going through without a glitch. It’s not long before they release this to all. This is the best news this is happening and getting to our level.
12-15-2021 Intel Guru Frank26 Article: "The governor of the Central Bank of Iraq meets the UAE Minister of Tolerance and Coexistence, Commissioner-General of Expo 2020" These CBI satellite banks are all over the world.
12-15-2021 Newshound Guru Pimpy I don't think there's going to be any RI or RV called by this weekend. I know you guys are being told that. I could be wrong. We'll see. But if that's the case, we know know that the United Nations has to go ahead and fully pull Iraq out of Chapter 7. They could do it all at one time that's always possible...there's no indication that the rate is going to change by this weekend...there's no evidence or proof out there. Having said that, that doesn't mean it's not going to happen, it's just not going to happen by this weekend...But it obviously does look like they're attempting to do something very shortly with the Iraq dinar...
12-15-2021 Intel Guru Holly ...I am hearing we are in the window for this week. However, I don’t want people to get so disappointed if I does not happen...With that being said, yes the news is great and positive but remember it could be delayed for reasons we are not privy to. I’m not saying it will but have realistic expectations that it could be now, or by the end of the month or into January...We are in a sweet spot we have never been in for this to go. From all I hear it’s happening but again I caution you to be prepared if it doesn’t...Stay positive...
12-15-2021 Newshound Guru Kaperoni Fitch the credit agency stated in the media today they expect Iraq 's economic growth to go up by over 8.1% in 2022. This is so significant.
12-15-2021 Intel Guru Frank26 Article: "The Central Bank: The Cash reserve increased to 62 Billion dollar" Quote "...which makes it able to influence exchange rates and to prove a comfortably sable economic environment." If we were to translate that into simple English all it says is we're raising the value of our currency and we're bringing out a new currency to match that value. This is great news! This is what we wanted to hear. It's no secret. Everybody know Iraq is lifting the value of its currency and going through the process. No body knows when but it looks like it's pretty darn close...
12-15-2021 Newshound Guru Pimpy Man there sure is a lot of talk about exchange rate changes...you can tell they're really looking into a serious rate change. They have studies going on and I know it says a study at 1200 dinars but really do you have to put together a whole entire committee just to check out 1200 dinars? For the past couple months in the news religiously have been talk about the exchange rate. Will something happen in 2021? It's possible.
12-15-2021 Intel Guru BobTheTaxMan ...instead of cashing in all that IQD and then paying that 40% taxation (not counting what the state's going to assess)...cash in a smaller amount, enough for a down payment and then borrow the money on that house. You're further ahead in the long run to do it that way than to expose yourself to an immediate huge tax bill. On the day you do this, pay your taxes - federal and state. Get them out of the way because they will assess interest and penalties if you don't pay in a timely manner. [Post 2 of 2] [NOTE: Consult your tax professionals at the appropriate time to determine the best exchange strategies for your unique goals and circumstances.]
12-15-2021 Intel Guru BobTheTaxMan ...Taxes...it's the biggest hole in your financial ship. Let's just say if you just got a little bit of IQD...make sure that you're going to be lessening your immediate taxes. Only cash in enough to meet what your goals are...It's all going to be dependent upon what the value is going to be. You want to reduce those income and capital gains taxes. A suggestion might be if one of your goals was to buy a house... [Post 1 of 2....stay tuned]
12-15-2021 Intel Guru MarkZ [via PDK] What I am hearing is that everyone is in place …people are sitting where they are supposed to sit. We have more whales arrived as they prepare to process in 4a…we are getting a little bit closer every day...
12-15-2021 Intel Guru Holly They are continuing to bring in people from T4a and they are being processed. T4a is a test group to test the redemption centers. All is going through without a glitch. It’s not long before they release this to all. This is the best news this is happening and getting to our level.
12-15-2021 Intel Guru Frank26 Article: "The governor of the Central Bank of Iraq meets the UAE Minister of Tolerance and Coexistence, Commissioner-General of Expo 2020" These CBI satellite banks are all over the world.
12-15-2021 Newshound Guru Pimpy I don't think there's going to be any RI or RV called by this weekend. I know you guys are being told that. I could be wrong. We'll see. But if that's the case, we know know that the United Nations has to go ahead and fully pull Iraq out of Chapter 7. They could do it all at one time that's always possible...there's no indication that the rate is going to change by this weekend...there's no evidence or proof out there. Having said that, that doesn't mean it's not going to happen, it's just not going to happen by this weekend...But it obviously does look like they're attempting to do something very shortly with the Iraq dinar...
12-15-2021 Intel Guru Holly ...I am hearing we are in the window for this week. However, I don’t want people to get so disappointed if I does not happen...With that being said, yes the news is great and positive but remember it could be delayed for reasons we are not privy to. I’m not saying it will but have realistic expectations that it could be now, or by the end of the month or into January...We are in a sweet spot we have never been in for this to go. From all I hear it’s happening but again I caution you to be prepared if it doesn’t...Stay positive...
12-14-2021 Intel Guru MarkZ [via PDK] ...in Kuwait on the morning they revalued they ran a similar article on how they simply were not prepared. In China they did their last major revaluation in the 90’s. They came out with huge articles for 3 days that they were not going to revalue their currency…then they did it. To me that Iraq article is a classic misdirection coming from the central bank. They have been very busy educating the Iraqi people on the lower denominations and rate changes...and now they come out with an “international” story like this. …I think this is a fantastic piece for us to see. We expected to see this news as soon as it was ready to rip…IMO...They are setting up this week to have the event that we have been waiting for …I’m pretty stinkin excited right now. [post 2 of 2]
12-14-2021 Intel Guru MarkZ [via PDK] ...I believe they are setting us up as the perfect storm comes together with economic indicators...Whales arriving via private jets tells me we are very close and on the verge of it…For those that paid attention to Kuwait. Those that paid attention in China when they did their last revaluation... Iraq Article headline: "The central bank announces a preparation of the study of the currency structure project and warns about changing the exchange rate" So here we are in Iraq on December 14th and they are warning against changing the rate…yet…they are throwing out to wait for another year or so. Maybe in 2022 or 2023? But don’t panic guys... [post 1 of 2....stay tuned]
12-14-2021 Intel Guru Frank26 [Iraq boots-on-the-ground TV update] FIREFLY: The news is saying Iraq reserves now are over $64 billion and they are saying to us they are awaiting a major decision by the United States of America which will have a significant financial increase for Iraq when this decisions is made...they are talking about Iraq's hard cash reserves in Washington D.C. FRANK: That's just $64 billion dollars from the USA. That's not their gold. That's not their other precious metals. That's not their bonds. That's not any of their other assets...it's way past that.
12-14-2021 Newshound Pimpy There seems to be some interesting movements happening that line up for a possible RI and RV. Now I don't go out and pump hopium up people's butts. I just don't. I keep grounded... but what I was pointing out is it definitely looks like the chances of an RV or an RI have increased once Iraq is removed from Chapter 7...If you look at some of the news article that are coming out recently...you can see what looks like they're preparing themselves for a rate increase. I don't want to jump to any conclusions but it definitely looks like they're heading that direction. Again don't run out and sell your house, don't sell your kids, don't sell your mother. Calm down sparky. We have been led down this road many times and it has led to a dead end but there definitely has been a lot of good news that's for sure.
12-14-2021 Intel Guru Walkingstick [via Guru Frank26] When his friend returns back to Iraq he will have to meet with the CBI to report to them what he did with the uploading of the software in the satellite banks that he represents 'wherever' in the United States and it is said IMO the next meeting will be for the discussion of the new small category notes that are about to be distributed. And wouldn't it be fantastic if at this meeting (or before) Walkingstick's friend was shown the currency sheet. That would be great! [Post 2 of 2]
12-14-2021 Intel Guru Walkingstick [via Guru Frank26] Walkingstick's friend that owns two banks in Baghdad came to the United States of America...because the CBI talked to him, 'Would you like to have satellite banks with us? You've got this state [name withheld for privacy] go and do what you've got to do.' ...They came here to finalize the updating of the software in the private banks...IMO it will be functional in the next two weeks...this is part of the monetary reform phase...a lot of paperwork acceptance by the banks to accept MasterCard and Visa cards inside of these private banks...some of these 'satellite banks' have already done the downloading...it's not for you. It's for the Iraqi citizens that live wherever these banks are... [Post 1 of 2....stay tuned]
12-14-2021 Newshound Guru Kaperoni Former Deputy Central Bank of Iraq Gov and current Prime Minister advisor Salih stated today there will be no change in the exchange rate of the dinar through 2022.
12-14-2021 Intel Guru MarkZ [via PDK] It was very quiet overnight…Everything is ready, everyone is in place. Waiting for something key to happen... There was more news out of Iraq yesterday with the leaving of combat troops. We are in that “any moment” phase again. They are keeping everyone in place. They are keeping Redemption Centers staffed. It could happen at any second…that’s what I think.
12-14-2021 Intel Guru Sheila [via MarkZ] I would say that everyone should watch for notifications. No US combat forces are left in Iraq as of today.
12-14-2021 Newshound Pimpy I'm watching some interesting wording in some of these articles that make you go, man!? ...I keep telling people it's going to go up in increments but a lot of these articles appear to be pointing at an RI or an RV and trust me when I tell you I don't say that lightly because I don't fall for that. I think they're going up in increments... Article: "The central bank reserves jump to 64 billion dollars and an important US decision is awaited by Iraq" This is one of those articles...which gives you the impression that they're definitely going to do some type of RI or RV. One of the things that helps strengthen the currency is your foreign reserves. How much you have does play a big part of it... Quote: "an important U.S decision is awaited by Iraq." Like the removal of Chapter 7 hopefully? This is huge for the international reserves. That's a big amount of money.
12-14-2021 Intel Guru Frank26 PSSSST...ANY NEGATIVE HUMANS OUT THERE...BEHOLD : Article quote: "In the face of speculations and warnings posed by international monetary institutions, regarding the Iraqi economy, the Central Bank had accumulated cash reserves of hard currency to 64 billion dollars, which makes it able to influence exchange rates and provide a comfortably stable economic environment."
12-14-2021 Intel Guru MarkZ [via PDK] ...I believe they are setting us up as the perfect storm comes together with economic indicators...Whales arriving via private jets tells me we are very close and on the verge of it…For those that paid attention to Kuwait. Those that paid attention in China when they did their last revaluation... Iraq Article headline: "The central bank announces a preparation of the study of the currency structure project and warns about changing the exchange rate" So here we are in Iraq on December 14th and they are warning against changing the rate…yet…they are throwing out to wait for another year or so. Maybe in 2022 or 2023? But don’t panic guys... [post 1 of 2....stay tuned]
12-14-2021 Intel Guru Frank26 [Iraq boots-on-the-ground TV update] FIREFLY: The news is saying Iraq reserves now are over $64 billion and they are saying to us they are awaiting a major decision by the United States of America which will have a significant financial increase for Iraq when this decisions is made...they are talking about Iraq's hard cash reserves in Washington D.C. FRANK: That's just $64 billion dollars from the USA. That's not their gold. That's not their other precious metals. That's not their bonds. That's not any of their other assets...it's way past that.
12-14-2021 Newshound Pimpy There seems to be some interesting movements happening that line up for a possible RI and RV. Now I don't go out and pump hopium up people's butts. I just don't. I keep grounded... but what I was pointing out is it definitely looks like the chances of an RV or an RI have increased once Iraq is removed from Chapter 7...If you look at some of the news article that are coming out recently...you can see what looks like they're preparing themselves for a rate increase. I don't want to jump to any conclusions but it definitely looks like they're heading that direction. Again don't run out and sell your house, don't sell your kids, don't sell your mother. Calm down sparky. We have been led down this road many times and it has led to a dead end but there definitely has been a lot of good news that's for sure.
12-14-2021 Intel Guru Walkingstick [via Guru Frank26] When his friend returns back to Iraq he will have to meet with the CBI to report to them what he did with the uploading of the software in the satellite banks that he represents 'wherever' in the United States and it is said IMO the next meeting will be for the discussion of the new small category notes that are about to be distributed. And wouldn't it be fantastic if at this meeting (or before) Walkingstick's friend was shown the currency sheet. That would be great! [Post 2 of 2]
12-14-2021 Intel Guru Walkingstick [via Guru Frank26] Walkingstick's friend that owns two banks in Baghdad came to the United States of America...because the CBI talked to him, 'Would you like to have satellite banks with us? You've got this state [name withheld for privacy] go and do what you've got to do.' ...They came here to finalize the updating of the software in the private banks...IMO it will be functional in the next two weeks...this is part of the monetary reform phase...a lot of paperwork acceptance by the banks to accept MasterCard and Visa cards inside of these private banks...some of these 'satellite banks' have already done the downloading...it's not for you. It's for the Iraqi citizens that live wherever these banks are... [Post 1 of 2....stay tuned]
12-14-2021 Newshound Guru Kaperoni Former Deputy Central Bank of Iraq Gov and current Prime Minister advisor Salih stated today there will be no change in the exchange rate of the dinar through 2022.
12-14-2021 Intel Guru MarkZ [via PDK] It was very quiet overnight…Everything is ready, everyone is in place. Waiting for something key to happen... There was more news out of Iraq yesterday with the leaving of combat troops. We are in that “any moment” phase again. They are keeping everyone in place. They are keeping Redemption Centers staffed. It could happen at any second…that’s what I think.
12-14-2021 Intel Guru Sheila [via MarkZ] I would say that everyone should watch for notifications. No US combat forces are left in Iraq as of today.
12-14-2021 Newshound Pimpy I'm watching some interesting wording in some of these articles that make you go, man!? ...I keep telling people it's going to go up in increments but a lot of these articles appear to be pointing at an RI or an RV and trust me when I tell you I don't say that lightly because I don't fall for that. I think they're going up in increments... Article: "The central bank reserves jump to 64 billion dollars and an important US decision is awaited by Iraq" This is one of those articles...which gives you the impression that they're definitely going to do some type of RI or RV. One of the things that helps strengthen the currency is your foreign reserves. How much you have does play a big part of it... Quote: "an important U.S decision is awaited by Iraq." Like the removal of Chapter 7 hopefully? This is huge for the international reserves. That's a big amount of money.
12-14-2021 Intel Guru Frank26 PSSSST...ANY NEGATIVE HUMANS OUT THERE...BEHOLD : Article quote: "In the face of speculations and warnings posed by international monetary institutions, regarding the Iraqi economy, the Central Bank had accumulated cash reserves of hard currency to 64 billion dollars, which makes it able to influence exchange rates and provide a comfortably stable economic environment."
12-13-2021 Intel Guru MarkZ [via PDK] From Iraq side– Good article “The central bank reserves jump to 64 billion dollars and an important US decision is awaited by Iraq” This tells us they are very much in the black and could pay Kuwait off at any moment and are prepared to release it to the world once they are allowed to pull the trigger. They are flush with funds and the rv could be released at any moment.
12-13-2021 Newshound Guru Pimpy Article: "Chairman of the Committee of Financial Experts Abdul Basit Turki, revealed today Thursday, that the US Federal Reserve has stopped the automatic deduction from Iraqi oil revenues in favor of Kuwaits compensation" Could it be that we are one step closer to possible RI or RV for the Iraqi dinar? Yes! But as much as this is fun and we want to be happy I want to remind you to stay grounded. Until that money is in your bank account and you can see it in your balance don't celebrate too early...there's nothing wrong with being excited and happy that we might be one step closer to the Iraqi dinar exchange rate changing - Yes! [See Guru Pimpy Post from yesterday 12-12-2021]
12-13-2021 Intel Guru Frank26 Equation [ NSCN + NEXR = 2022Bud (wP) to the power of NEXR ] The new small category notes plus the new exchange rate equals the 2022 budget with the concentration factor of the white papers at the power of the new exchange rate. NSCN is the teaching/education in the year 2021. NEXR is at the beginning of the year 2022...what's in the budget of 2022? The new exchange rate. What's in the white papers of the budget of 2022? The new exchange rate...
12-13-2021 Intel Guru Holly ...We are seeing evidence that this is ready to happen and it could go this week. As I have said they would like it before Christmas. There is a chance it might not get done until the end of the year. And then there is still a chance it could go into January... There are things that can happen that we are not aware of.
12-13-2021 Intel Guru MarkZ [via PDK] There sure is a tremendous amount of expectation. There are some meetings this afternoon...It is setting up to be a very interesting day...my redemption center folks did work over the weekend even though it was only a partial day on Sunday. They are ready for this thing to go…They have been told they will be reporting to work to the actual centers all week. So, I think that is very positive news. At this point I do not think we are waiting until after the holiday season. I think we will be going in throughout the holiday season.
12-13-2021 Intel Guru Frank26 I always thought that it would be somewhere between $3.86 and $4.25 but the more and more we're studying some files we are now finally opening...Kuwait...told the IMF IMO you can help Iraq lift the value of their currency...but all the things that Saddam did against us - fix it. And that's what they've been doing and paying them back. And then one of their clauses was when you do raise the value of their currency make sure that it's very near our currency value. Their value right now is $3.32 so if you had a million dinars and it was that 1 to $3.32 you'd have $3.3 million American dollars.
12-13-2021 Newshound Guru Pimpy Yesterday...[I was] talking about Iraq being in Chapter VII and if they're removed out of chapter 7 what happens...the article was from 2013. It wasn't about the year - I was trying to show the details of what the article said. The details are what were important because it explains what happens when Iraq is taken out of Chapter 7...that whole plan that's laid out there actually is happening now. The highlights of this article was saying 'Allowing Baghdad to regain control over its own currency...its return will not only revitalize the economy it will strengthen the value of the Iraq dinar and increase its purchasing power...' [See Pimpy's post from yesterday (12-12-2021) below.]
12-13-2021 Intel Guru MarkZ [via PDK] [How many days will we have to exchange?] I am told we will have 10 days to set appointments and 30 to 90 days to exchange...I plan on being done within the first 2 weeks.
12-13-2021 Newshound/Intel Guru Mnt Goat ...I know it seems very weird how they would devalue the dinar so much and then just 2 years later revalue it so much. It could go as high as over $4 if oil stays high enough by then...
12-13-2021 Newshound Guru Pimpy Article: "Chairman of the Committee of Financial Experts Abdul Basit Turki, revealed today Thursday, that the US Federal Reserve has stopped the automatic deduction from Iraqi oil revenues in favor of Kuwaits compensation" Could it be that we are one step closer to possible RI or RV for the Iraqi dinar? Yes! But as much as this is fun and we want to be happy I want to remind you to stay grounded. Until that money is in your bank account and you can see it in your balance don't celebrate too early...there's nothing wrong with being excited and happy that we might be one step closer to the Iraqi dinar exchange rate changing - Yes! [See Guru Pimpy Post from yesterday 12-12-2021]
12-13-2021 Intel Guru Frank26 Equation [ NSCN + NEXR = 2022Bud (wP) to the power of NEXR ] The new small category notes plus the new exchange rate equals the 2022 budget with the concentration factor of the white papers at the power of the new exchange rate. NSCN is the teaching/education in the year 2021. NEXR is at the beginning of the year 2022...what's in the budget of 2022? The new exchange rate. What's in the white papers of the budget of 2022? The new exchange rate...
12-13-2021 Intel Guru Holly ...We are seeing evidence that this is ready to happen and it could go this week. As I have said they would like it before Christmas. There is a chance it might not get done until the end of the year. And then there is still a chance it could go into January... There are things that can happen that we are not aware of.
12-13-2021 Intel Guru MarkZ [via PDK] There sure is a tremendous amount of expectation. There are some meetings this afternoon...It is setting up to be a very interesting day...my redemption center folks did work over the weekend even though it was only a partial day on Sunday. They are ready for this thing to go…They have been told they will be reporting to work to the actual centers all week. So, I think that is very positive news. At this point I do not think we are waiting until after the holiday season. I think we will be going in throughout the holiday season.
12-13-2021 Intel Guru Frank26 I always thought that it would be somewhere between $3.86 and $4.25 but the more and more we're studying some files we are now finally opening...Kuwait...told the IMF IMO you can help Iraq lift the value of their currency...but all the things that Saddam did against us - fix it. And that's what they've been doing and paying them back. And then one of their clauses was when you do raise the value of their currency make sure that it's very near our currency value. Their value right now is $3.32 so if you had a million dinars and it was that 1 to $3.32 you'd have $3.3 million American dollars.
12-13-2021 Newshound Guru Pimpy Yesterday...[I was] talking about Iraq being in Chapter VII and if they're removed out of chapter 7 what happens...the article was from 2013. It wasn't about the year - I was trying to show the details of what the article said. The details are what were important because it explains what happens when Iraq is taken out of Chapter 7...that whole plan that's laid out there actually is happening now. The highlights of this article was saying 'Allowing Baghdad to regain control over its own currency...its return will not only revitalize the economy it will strengthen the value of the Iraq dinar and increase its purchasing power...' [See Pimpy's post from yesterday (12-12-2021) below.]
12-13-2021 Intel Guru MarkZ [via PDK] [How many days will we have to exchange?] I am told we will have 10 days to set appointments and 30 to 90 days to exchange...I plan on being done within the first 2 weeks.
12-13-2021 Newshound/Intel Guru Mnt Goat ...I know it seems very weird how they would devalue the dinar so much and then just 2 years later revalue it so much. It could go as high as over $4 if oil stays high enough by then...
12-12-2021 Newshound Guru Clare Articles: "The Central Bank: Many Iraqi banks have begun to expand outside the country"; "Central Bank Governor : Iraq has become an attractive arena for investment" THIS SHOWS THAT THE NEW RATE IS NOW BEING ROLLED OUT! AS SOON AS THEY ARE FINISHED WITH WHATEVER THEY ARE FINISHING, WHICH WE ARE NOT PRIVY TO, THIS WILL POP AND WE WILL GET TO EXCHANGE!!! IMO WE SHOULD ALL BE SO HAPPY WITH WHAT THEY ARE SHOWING US RIGHT NOW! I AM!!!
12-12-2021 Intel Guru Frank26 [Iraq boots-on-the-ground TV update] FIREFLY: All news today has been about Barzani from Kurdistan. He's been meeting with the house speaker...about the Erbil deal. They're saying they're making sure all parties are working to make the agreement work as they will be addressed when the budget and the rate is reviewed sometime in the early part of 2022. They're saying that the Erbil agreement will have a huge impact and allow citizens to receive oil as promised to them by our constitution. FRANK: ...The HCL is part of the economic reform because it is also in the white papers...
12-12-2021 Intel Guru BobTheTaxMan Ways to save on this anticipated gain coming from our IQD investment...we have three objectives. 1. Reduce Taxes any way we possibly can. To do that you look at income, capital gain taxes, estate taxes. Those are the things we want to reduce as much as possible. 2. Defer - ...we have a variables. A. We don't know when. B. We don't know a rate...when this thing comes out let's just say it's a dollar...If...you don't want to have to cash in your IQD at that moment and be exposed to that huge taxation this is where a Charitable Remainder Unitrust (CRUT) comes into play. It defers that taxable event until later. The last one which is my favorite 3. Eliminate them. I don't want to pay taxes on this gain in any way shape or form and the way you do that is with the Roth... [NOTE: Consult your tax professionals at the appropriate time to determine the correct tax for your unique exchange strategy.]
12-12-2021 Intel Guru Holly ...I had the best news yesterday of tangible evidence this is close to completion. I will not give specifics as we are close and need to let things unfold. All I can say it is happening, get ready...
12-12-2021 Intel Guru Frank26 IMO there are a lot of [Central Bank of Iraq] satellite banks [inside the United States] that are being worked on as we speak right now. And it's only because Iraq is Article VIII. And it's only because the new budget has the new exchange rate and the white papers have it too...we are so close and right now all the banks in the world are meeting with the CBI...because they are about to lift the value of their currency and they want their 3-zero notes back from everybody.
12-12-2021 Newshound Guru Pimpy Article: Throwback - The first time they lifted Chapter 7 2013 "With Chapter 7 Lifted, Iraq Regains Control of Its Own Economy" Quote: "the lifting of Chapter 7 sanctions last month can be considered one of Iraq's biggest achievements...allowing Baghdad to regain control over its own currency, oil and economy." Quote: "One of the biggest advantages of the lifting of the sanction is the return of all frozen assets to the Iraq government estimated somewhere around $82 billion according to the Central Bank data. Its return will not only revitalize the economy it will strengthen the value of the Iraqi dinar and increase its purchasing power." There's reason to be happy. There's reasons to be excited...but stay grounded...there's no date there. There's no rate there. It merely tells you what happens once Iraq is removed from Chapter 7... [Post 2 of 2]
12-12-2021 Newshound Guru Pimpy Article: "Chairman of the Committee of Financial Experts Abdul Basit Turki, reviled today Thursday, that the US Federal Reserve has stopped the automatic deduction from Iraqi oil revenues in favor of Kuwait's compensation" Quote: "After that [Making the final payment], Iraq will submit a request to the General Secretariat of the United Nations requesting that it be removed from the provisions of Chapter VII of the UN charter." Chapter VII is major. It's so big it's one of the biggest steps we need to take in order for Iraq to do any type of rate change...be happy. Be a little excited but don't go overboard. We have no idea what's going to happen...We don't know what they're going to do until they do it. [Post 1 of 2....stay tuned]
12-12-2021 Newshound Guru MilitiaMan Article: "Planning determines the priority of projects in the 2022 budget" Quote: "There are more than 6000 projects under implementation,..." The money at to which these projects will be completed could not be completed if at a program rate. imo... They will require the new exchange rate that will support the
reconstruction effort. The new system in place at the borders will add massive revenue streams, just as the liquid natural gas that is being sold... All of it and much more will add to the bottom line for the new real effective exchange rate (REER) to come. There is no reason to have small category notes while at a program rate. We know they have told the citizens on TV about small notes. This article is additional support a rate change is imminent...imo.
12-12-2021 Intel Guru Frank26 [Iraq boots-on-the-ground TV update] FIREFLY: All news today has been about Barzani from Kurdistan. He's been meeting with the house speaker...about the Erbil deal. They're saying they're making sure all parties are working to make the agreement work as they will be addressed when the budget and the rate is reviewed sometime in the early part of 2022. They're saying that the Erbil agreement will have a huge impact and allow citizens to receive oil as promised to them by our constitution. FRANK: ...The HCL is part of the economic reform because it is also in the white papers...
12-12-2021 Intel Guru BobTheTaxMan Ways to save on this anticipated gain coming from our IQD investment...we have three objectives. 1. Reduce Taxes any way we possibly can. To do that you look at income, capital gain taxes, estate taxes. Those are the things we want to reduce as much as possible. 2. Defer - ...we have a variables. A. We don't know when. B. We don't know a rate...when this thing comes out let's just say it's a dollar...If...you don't want to have to cash in your IQD at that moment and be exposed to that huge taxation this is where a Charitable Remainder Unitrust (CRUT) comes into play. It defers that taxable event until later. The last one which is my favorite 3. Eliminate them. I don't want to pay taxes on this gain in any way shape or form and the way you do that is with the Roth... [NOTE: Consult your tax professionals at the appropriate time to determine the correct tax for your unique exchange strategy.]
12-12-2021 Intel Guru Holly ...I had the best news yesterday of tangible evidence this is close to completion. I will not give specifics as we are close and need to let things unfold. All I can say it is happening, get ready...
12-12-2021 Intel Guru Frank26 IMO there are a lot of [Central Bank of Iraq] satellite banks [inside the United States] that are being worked on as we speak right now. And it's only because Iraq is Article VIII. And it's only because the new budget has the new exchange rate and the white papers have it too...we are so close and right now all the banks in the world are meeting with the CBI...because they are about to lift the value of their currency and they want their 3-zero notes back from everybody.
12-12-2021 Newshound Guru Pimpy Article: Throwback - The first time they lifted Chapter 7 2013 "With Chapter 7 Lifted, Iraq Regains Control of Its Own Economy" Quote: "the lifting of Chapter 7 sanctions last month can be considered one of Iraq's biggest achievements...allowing Baghdad to regain control over its own currency, oil and economy." Quote: "One of the biggest advantages of the lifting of the sanction is the return of all frozen assets to the Iraq government estimated somewhere around $82 billion according to the Central Bank data. Its return will not only revitalize the economy it will strengthen the value of the Iraqi dinar and increase its purchasing power." There's reason to be happy. There's reasons to be excited...but stay grounded...there's no date there. There's no rate there. It merely tells you what happens once Iraq is removed from Chapter 7... [Post 2 of 2]
12-12-2021 Newshound Guru Pimpy Article: "Chairman of the Committee of Financial Experts Abdul Basit Turki, reviled today Thursday, that the US Federal Reserve has stopped the automatic deduction from Iraqi oil revenues in favor of Kuwait's compensation" Quote: "After that [Making the final payment], Iraq will submit a request to the General Secretariat of the United Nations requesting that it be removed from the provisions of Chapter VII of the UN charter." Chapter VII is major. It's so big it's one of the biggest steps we need to take in order for Iraq to do any type of rate change...be happy. Be a little excited but don't go overboard. We have no idea what's going to happen...We don't know what they're going to do until they do it. [Post 1 of 2....stay tuned]
12-12-2021 Newshound Guru MilitiaMan Article: "Planning determines the priority of projects in the 2022 budget" Quote: "There are more than 6000 projects under implementation,..." The money at to which these projects will be completed could not be completed if at a program rate. imo... They will require the new exchange rate that will support the
reconstruction effort. The new system in place at the borders will add massive revenue streams, just as the liquid natural gas that is being sold... All of it and much more will add to the bottom line for the new real effective exchange rate (REER) to come. There is no reason to have small category notes while at a program rate. We know they have told the citizens on TV about small notes. This article is additional support a rate change is imminent...imo.
12-11-2021 Intel Guru MarkZ [via PDK] One of the things I am most excited about though we can follow here…from the Iraq News Gazette says the US military is ending combat operations in Iraq. They are turning it all over to the coalition forces and will only remain to supply support as needed. I think this is a key piece to Iraq ’s sovereignty. They will be a sovereign nation in charge of themselves. I think this is also huge. We expected them to be sovereign right before this thing goes…and that is exactly what we are seeing. This announcement came out yesterday.
12-11-2021 Intel Guru Holly ...We are part of the biggest transfer of wealth in history. We have dreamed the impossible dream! We have climbed the mountain and the journey has been long. We will have our dreams come true! I heard great news from many yesterday that we are in the final sequence of events happening! If all continues to go as it has, it should be a great Christmas!...
12-11-2021 Intel Guru Frank26 FRANK: Notice every day almost every second of every day is being used to drill into your understanding that you are about to receive a new exchange rate and a new currency denomination for that new exchange rate. This is all part of the education that is coming to you rather quickly now...it will continue long after the RI in a completely different form of education which will mainly be about the international trade and your currency's float at 1 to 1 playing fair with the American dollar...your currency is soon to surpass the American dollar... [Post 2 of 2]
12-11-2021 Intel Guru Frank26 [Iraq boots-on-the-ground TV update] FIREFLY: Kazemi advisor being interviewed right now and they're saying that it's time for Iraq to move to the global platform. They're saying Iraq has shown stability...saying Iraq will be a main power in the region and the dinar needs to be on level playing field globally so Iraq can reach maximum effectiveness of our currency and reforms. He keeps talking about how the CBI will review the exchange rate in early 2022 and that will support the white papers... FRANK: The Iraqi dinar supports the budget. It supports the monetary reform. It supports the economic reform and it supports the new small category notes that are going to be coming out. [Post 1 of 2....stay tuned]
12-11-2021 Newshound Guru Pimpy We see so much improvement in Iraq. That's a major plus. The more that country becomes stable, secure, starting to rebuild, foreign investors are coming in, the private sector is being built up, these are all positive steps. You're going to start to see the dinar go up in increments. Now I'm not saying there's not going to be any RI or RV that's still possible but to me...because they still rely too much on the sale of oil...until they get away from that we're going to be still stuck in the same boat...hang tight the private sector is being built. Things are moving forward.
12-11-2021 Intel Guru Wolverine Redemption centers have been working all day and are being trained for the start of the biggest transfer of wealth that has ever happened in this planet which will never happened again in our life time. Behind the scenes there are huge meetings happening with very important people to get this started. Everything is ready to go and just waiting for the codes to be locked in. I wish I can tell you more but I’m sworn to secrecy.
12-11-2021 Intel Guru Bruce [via WiserNow] Iraq started their revaluation of their new Iraqi Dinar last Monday – they moved it and migrated the rates from something that was just over the rate they left it with – the so called $3.22 rate - They started above that and then they moved that all they way through where it’s all over doubled that now – as an in country rate – meaning in the country of Iraq...Now to correspond with that the value of the Dinar for us that the bankers have seen on the screens is showing much more than that with continuous growth...We are on a minute by minute basis – this could happen at any time on any day...
12-11-2021 Intel Guru Frank26 Article "Washington stops the automatic deductions from Iraq oil revenues to compensate Kuwait" I honestly didn't think we were going to be dealing with Kuwait at the end...Kuwait was part of all of this monetary reform...and they had stipulations. 'We want you to pay all your debt back to us.' They have...There are many things coming to a conclusion...concerning the two powerful subjects in Iraq - The Monetary reform that will bring forth the economic reform. That's why you see Kuwait now involved...Because they (along with everybody else in the Middle East) desperately wants to be part of the economic reform of Iraq...to me as an investor in the Iraqi dinar to see Kuwait show up, wow! ...these are markers/telltale signs that it's just getting better and better every day out there in Iraq.
12-11-2021 Intel Guru Fleming ...Managing the BIG NOTES (10,000 – 25,000 IQD and up), has been the problem. Once we start exchange, we’ll only have a few weeks to get these notes in and out. CBI is getting rid of the big notes now and they want everyone to know that they don’t want people to sit and wait before bringing in these soon-to-be-obsolete bills. After a very short period these bills won’t be any good. To exchange will require a visit to the Consulate in Iraq, after this big swap is done. [Note: As always we're looking for consensus from multiple gurus and multiple guru camps. So far Guru Fleming is one of the first to report this information. Stay tuned as other gurus chime in with their intel. You can also see the CBI's latest reported dinar rate in the left column of this page.]
12-11-2021 Intel Guru Holly ...We are part of the biggest transfer of wealth in history. We have dreamed the impossible dream! We have climbed the mountain and the journey has been long. We will have our dreams come true! I heard great news from many yesterday that we are in the final sequence of events happening! If all continues to go as it has, it should be a great Christmas!...
12-11-2021 Intel Guru Frank26 FRANK: Notice every day almost every second of every day is being used to drill into your understanding that you are about to receive a new exchange rate and a new currency denomination for that new exchange rate. This is all part of the education that is coming to you rather quickly now...it will continue long after the RI in a completely different form of education which will mainly be about the international trade and your currency's float at 1 to 1 playing fair with the American dollar...your currency is soon to surpass the American dollar... [Post 2 of 2]
12-11-2021 Intel Guru Frank26 [Iraq boots-on-the-ground TV update] FIREFLY: Kazemi advisor being interviewed right now and they're saying that it's time for Iraq to move to the global platform. They're saying Iraq has shown stability...saying Iraq will be a main power in the region and the dinar needs to be on level playing field globally so Iraq can reach maximum effectiveness of our currency and reforms. He keeps talking about how the CBI will review the exchange rate in early 2022 and that will support the white papers... FRANK: The Iraqi dinar supports the budget. It supports the monetary reform. It supports the economic reform and it supports the new small category notes that are going to be coming out. [Post 1 of 2....stay tuned]
12-11-2021 Newshound Guru Pimpy We see so much improvement in Iraq. That's a major plus. The more that country becomes stable, secure, starting to rebuild, foreign investors are coming in, the private sector is being built up, these are all positive steps. You're going to start to see the dinar go up in increments. Now I'm not saying there's not going to be any RI or RV that's still possible but to me...because they still rely too much on the sale of oil...until they get away from that we're going to be still stuck in the same boat...hang tight the private sector is being built. Things are moving forward.
12-11-2021 Intel Guru Wolverine Redemption centers have been working all day and are being trained for the start of the biggest transfer of wealth that has ever happened in this planet which will never happened again in our life time. Behind the scenes there are huge meetings happening with very important people to get this started. Everything is ready to go and just waiting for the codes to be locked in. I wish I can tell you more but I’m sworn to secrecy.
12-11-2021 Intel Guru Bruce [via WiserNow] Iraq started their revaluation of their new Iraqi Dinar last Monday – they moved it and migrated the rates from something that was just over the rate they left it with – the so called $3.22 rate - They started above that and then they moved that all they way through where it’s all over doubled that now – as an in country rate – meaning in the country of Iraq...Now to correspond with that the value of the Dinar for us that the bankers have seen on the screens is showing much more than that with continuous growth...We are on a minute by minute basis – this could happen at any time on any day...
12-11-2021 Intel Guru Frank26 Article "Washington stops the automatic deductions from Iraq oil revenues to compensate Kuwait" I honestly didn't think we were going to be dealing with Kuwait at the end...Kuwait was part of all of this monetary reform...and they had stipulations. 'We want you to pay all your debt back to us.' They have...There are many things coming to a conclusion...concerning the two powerful subjects in Iraq - The Monetary reform that will bring forth the economic reform. That's why you see Kuwait now involved...Because they (along with everybody else in the Middle East) desperately wants to be part of the economic reform of Iraq...to me as an investor in the Iraqi dinar to see Kuwait show up, wow! ...these are markers/telltale signs that it's just getting better and better every day out there in Iraq.
12-11-2021 Intel Guru Fleming ...Managing the BIG NOTES (10,000 – 25,000 IQD and up), has been the problem. Once we start exchange, we’ll only have a few weeks to get these notes in and out. CBI is getting rid of the big notes now and they want everyone to know that they don’t want people to sit and wait before bringing in these soon-to-be-obsolete bills. After a very short period these bills won’t be any good. To exchange will require a visit to the Consulate in Iraq, after this big swap is done. [Note: As always we're looking for consensus from multiple gurus and multiple guru camps. So far Guru Fleming is one of the first to report this information. Stay tuned as other gurus chime in with their intel. You can also see the CBI's latest reported dinar rate in the left column of this page.]
12-10-2021 Newshound/Intel Guru Mnt Goat Article: "ECONOMIST: OIL PRICES WILL RISE TO $100 .. AND THE 2022 BUDGET MUST BE A QUALITATIVE BUDGET THAT MATCHES THE EXPECTED HIGH REVENUES" I will add that if oil prices rise to $100 we may very well see the IQD rate initially at over $5.
12-10-2021 Intel Guru MarkZ [via PDK] ...I talked to a couple bankers who were seeing over $2.30 on dong. That is exciting...we don’t know if these are the actual finishing rates or whether they will be placeholders. But we are seeing changes on rates again. This happens every so often…This may be them getting prepared…priming the pump. I am excited seeing those dong rates exactly where we expected them to be… around the low to mid $2 range…The dinar was the mid to upper $4 range. I still expect it to be a higher rate on the dinar specifically. It’s exciting that we are seeing them now and they are being discussed openly among banking personnel is big news. ...I am hearing everything set as far as timing and rates. So I am thinking...it could happen very early next week. This is just my gut feeling. Nobody knows until we are finally across that finish line. I think the can kicking is done.
12-10-2021 Newshound Guru Petra Article: "Economist on the 2022 budget: It will address the fiscal deficit and debts owed by Iraq " Quote: "3% of Iraq's oil imports will be released as a result of the zeroing of Kuwait's debts, as well as the zeroing of the deficit during the past year, in addition to recycling part of the surplus for the next year," ...ZEROING of Kuwait 's debts as well as ALL DEFECITS of 2021 AND the budget will have extra that they will roll over to the next year! So you have to ask the question... Kuwait is paid...and ALL other deficits will be paid off this year! AND, they will have a surplus for next year? WHAT IN THE WORLD IS IN THIS BUDGET? ...SO, if they are "intentionally" leaking this information about the new budget and reflective of a new rate...this truly is...ANY DAY!!! IMO...
12-10-2021 Intel Guru RayRen98 Thursday bank source sees the following rates on the screen...Dinar $4.47; Dong $2.37... Friday bank source sees Dinar at $4.98...says they have been "waiting" for it to go LIVE since Wednesday...It is believed that the screen rates are very much "subject to change" once they go LIVE!
12-10-2021 Intel Guru Bruce [via WiserNow] ...we have been told by several sources that this could go at any minute... it does look good and we have a window...that would take us theoretically...to 4 PM on Saturday... I think we could extend this all the way to Sunday...
12-10-2021 Intel Guru Frank26 Article: "Washington stops the automatic deductions from Iraq oil revenues to compensate Kuwait" That is so big...they need to make the official announcement they're Article VIII but look - Article quote: "Iraq should seek to get out of the provisions of Chapter VII of the UN Charter" ...there's only one banana peel left and Kuwait has just said that they have been compensated. It's time for you to catch up United Nations... Article: "The Central Bank of Iraq announces the suspension of the automatic deduction of Kuwait's compensation" Whoa wait a minute. They owe [Kuwait] money don't they? Not anymore... this is impressive because this is what's definitely considered the final countdown.
12-10-2021 Newshound/Intel Guru Mnt Goat Article: "IRAQ WILL LEAVE “CHAPTER VII” IN EARLY 2022" ...Iraq still owed war reparations to Kuwait and if you looked at the Chapter VII sanctions...it included reparations to be completed to Kuwait prior to full relief from Chapter VII. ...finally Iraq is allowed to move ahead. Will the CBI actually request to reinstate the dinar in early next year 2022. I am told they already requested it and it is underway.
12-10-2021 Newshound Guru Kaperoni Don't let these delete 3 zero stories confuse you. There are many people in Iraq who simply want to redenominate the money supply from trillions to billions which is a neutral event. Not what we want. One thing I told Iraqi investors many years ago was that the dinar will never significantly go up overnight. If it goes up in value it will rise gradually via a float as Iraq's economy prospers. There are no shortcuts.
12-10-2021 Newshound Guru Pimpy The announcement of the new government should be finalized here any day...Sadr...did say he wanted to do something about the rate. He absolutely said he wants the exchange rate to change. Keep in mind that's the central bank's move. How much influence does he have over the bank because...they're two separate entities...the government can campaign for the change but they really have no control. We know Sadr wants the rate change to happen. So just give it a chance. Give it some time...
12-10-2021 Intel Guru Frank26 [Iraq boots-on-the-ground TV update] FIREFLY: The big news we're seeing right now is that the United States treasury has stopped the automatic withdrawal of the money from the oil profits to Kuwait to pay for the compensation. They're saying Iraq through the CBI will make the final payment sometime before the end of this year. Then Iraq will send a special request to the United Nation for Iraq to officially be removed from Chapter VII. All of this will occur before the end of this year. FRANK: Everything seems to be pointing to either just before the end of this year or at the very beginning of next year.
12-10-2021 Intel Guru MarkZ [via PDK] Last night was one of the slowest news nights I have had...I have not heard anything negative though…The folks in Iraq are still queued up…thinking at this point it may be Sunday or Monday. Redemption folks, as of this morning are still being told they are working this weekend. We are keeping an eye on that one.
12-10-2021 Newshound Guru Petra Article: "Economist on the 2022 budget: It will address the fiscal deficit and debts owed by Iraq " ...incredible article...Talk about a potential "strategic" leak this article says MANY things... 1. Quote: "it is expected that next year's budget will reach the limits of 90 billion dinars," Well wait a second...I thought they did all the calculations in "TRILLIONS". I checked the translation...it indeed says "Billions". Has something changed? 2. Quote: "the value of this budget will cover the financial deficit and debts owed by Iraq , in addition to securing the salaries of employees in full." ...This can only happen when the country is "sovereign" and working under Article 8 of the IMF and "FULLY" international...! Folks, these are not Typo's! Their words... and strategically given out...IMO.
12-10-2021 Intel Guru Fleming The latest word from Iraq is that their in-country rate for the Iraq Dinar will be RV’d this coming Sunday Night, December 12, 2021. The new IQD value, in-country, is going to be 4.81. The international FOREX Rate will start at $11.90 and float from there. We were under the assumption that this would be handled by today, and this is now explained. The IMF has been the problem with the delay of the IQD RV. Iraq has their agenda though and the IMF have agreed to the new plan. [Note: As always we're looking for consensus from multiple gurus and multiple guru camps. So far Guru Fleming is the first to report this information. Stay tuned as other gurus chime in with their intel. You can also see the CBI's latest reported dinar rate in the left column of this page.]
12-10-2021 Intel Guru BobTheTaxMan What is a taxable event? Without tax planning these taxable events can completely rob you of your financial security. If you end up losing 40% to 50% of your gain you know you just shot a great big hole in your financial boat..It's not necessary at all...Here's the scenario - ...The announcement has been made. You run to the bank and you exchange [Your IQD] right there. You get it in dollars and you get it immediately. What that does because it went...from the bank to your hand, that was a taxable event. Therefore you're exposed it to ordinary income taxes - the highest rates possible... [NOTE: Consult your tax professionals at the appropriate time to determine the correct tax for your unique exchange strategy]
12-10-2021 Intel Guru MarkZ [via PDK] ...I talked to a couple bankers who were seeing over $2.30 on dong. That is exciting...we don’t know if these are the actual finishing rates or whether they will be placeholders. But we are seeing changes on rates again. This happens every so often…This may be them getting prepared…priming the pump. I am excited seeing those dong rates exactly where we expected them to be… around the low to mid $2 range…The dinar was the mid to upper $4 range. I still expect it to be a higher rate on the dinar specifically. It’s exciting that we are seeing them now and they are being discussed openly among banking personnel is big news. ...I am hearing everything set as far as timing and rates. So I am thinking...it could happen very early next week. This is just my gut feeling. Nobody knows until we are finally across that finish line. I think the can kicking is done.
12-10-2021 Newshound Guru Petra Article: "Economist on the 2022 budget: It will address the fiscal deficit and debts owed by Iraq " Quote: "3% of Iraq's oil imports will be released as a result of the zeroing of Kuwait's debts, as well as the zeroing of the deficit during the past year, in addition to recycling part of the surplus for the next year," ...ZEROING of Kuwait 's debts as well as ALL DEFECITS of 2021 AND the budget will have extra that they will roll over to the next year! So you have to ask the question... Kuwait is paid...and ALL other deficits will be paid off this year! AND, they will have a surplus for next year? WHAT IN THE WORLD IS IN THIS BUDGET? ...SO, if they are "intentionally" leaking this information about the new budget and reflective of a new rate...this truly is...ANY DAY!!! IMO...
12-10-2021 Intel Guru RayRen98 Thursday bank source sees the following rates on the screen...Dinar $4.47; Dong $2.37... Friday bank source sees Dinar at $4.98...says they have been "waiting" for it to go LIVE since Wednesday...It is believed that the screen rates are very much "subject to change" once they go LIVE!
12-10-2021 Intel Guru Bruce [via WiserNow] ...we have been told by several sources that this could go at any minute... it does look good and we have a window...that would take us theoretically...to 4 PM on Saturday... I think we could extend this all the way to Sunday...
12-10-2021 Intel Guru Frank26 Article: "Washington stops the automatic deductions from Iraq oil revenues to compensate Kuwait" That is so big...they need to make the official announcement they're Article VIII but look - Article quote: "Iraq should seek to get out of the provisions of Chapter VII of the UN Charter" ...there's only one banana peel left and Kuwait has just said that they have been compensated. It's time for you to catch up United Nations... Article: "The Central Bank of Iraq announces the suspension of the automatic deduction of Kuwait's compensation" Whoa wait a minute. They owe [Kuwait] money don't they? Not anymore... this is impressive because this is what's definitely considered the final countdown.
12-10-2021 Newshound/Intel Guru Mnt Goat Article: "IRAQ WILL LEAVE “CHAPTER VII” IN EARLY 2022" ...Iraq still owed war reparations to Kuwait and if you looked at the Chapter VII sanctions...it included reparations to be completed to Kuwait prior to full relief from Chapter VII. ...finally Iraq is allowed to move ahead. Will the CBI actually request to reinstate the dinar in early next year 2022. I am told they already requested it and it is underway.
12-10-2021 Newshound Guru Kaperoni Don't let these delete 3 zero stories confuse you. There are many people in Iraq who simply want to redenominate the money supply from trillions to billions which is a neutral event. Not what we want. One thing I told Iraqi investors many years ago was that the dinar will never significantly go up overnight. If it goes up in value it will rise gradually via a float as Iraq's economy prospers. There are no shortcuts.
12-10-2021 Newshound Guru Pimpy The announcement of the new government should be finalized here any day...Sadr...did say he wanted to do something about the rate. He absolutely said he wants the exchange rate to change. Keep in mind that's the central bank's move. How much influence does he have over the bank because...they're two separate entities...the government can campaign for the change but they really have no control. We know Sadr wants the rate change to happen. So just give it a chance. Give it some time...
12-10-2021 Intel Guru Frank26 [Iraq boots-on-the-ground TV update] FIREFLY: The big news we're seeing right now is that the United States treasury has stopped the automatic withdrawal of the money from the oil profits to Kuwait to pay for the compensation. They're saying Iraq through the CBI will make the final payment sometime before the end of this year. Then Iraq will send a special request to the United Nation for Iraq to officially be removed from Chapter VII. All of this will occur before the end of this year. FRANK: Everything seems to be pointing to either just before the end of this year or at the very beginning of next year.
12-10-2021 Intel Guru MarkZ [via PDK] Last night was one of the slowest news nights I have had...I have not heard anything negative though…The folks in Iraq are still queued up…thinking at this point it may be Sunday or Monday. Redemption folks, as of this morning are still being told they are working this weekend. We are keeping an eye on that one.
12-10-2021 Newshound Guru Petra Article: "Economist on the 2022 budget: It will address the fiscal deficit and debts owed by Iraq " ...incredible article...Talk about a potential "strategic" leak this article says MANY things... 1. Quote: "it is expected that next year's budget will reach the limits of 90 billion dinars," Well wait a second...I thought they did all the calculations in "TRILLIONS". I checked the translation...it indeed says "Billions". Has something changed? 2. Quote: "the value of this budget will cover the financial deficit and debts owed by Iraq , in addition to securing the salaries of employees in full." ...This can only happen when the country is "sovereign" and working under Article 8 of the IMF and "FULLY" international...! Folks, these are not Typo's! Their words... and strategically given out...IMO.
12-10-2021 Intel Guru Fleming The latest word from Iraq is that their in-country rate for the Iraq Dinar will be RV’d this coming Sunday Night, December 12, 2021. The new IQD value, in-country, is going to be 4.81. The international FOREX Rate will start at $11.90 and float from there. We were under the assumption that this would be handled by today, and this is now explained. The IMF has been the problem with the delay of the IQD RV. Iraq has their agenda though and the IMF have agreed to the new plan. [Note: As always we're looking for consensus from multiple gurus and multiple guru camps. So far Guru Fleming is the first to report this information. Stay tuned as other gurus chime in with their intel. You can also see the CBI's latest reported dinar rate in the left column of this page.]
12-10-2021 Intel Guru BobTheTaxMan What is a taxable event? Without tax planning these taxable events can completely rob you of your financial security. If you end up losing 40% to 50% of your gain you know you just shot a great big hole in your financial boat..It's not necessary at all...Here's the scenario - ...The announcement has been made. You run to the bank and you exchange [Your IQD] right there. You get it in dollars and you get it immediately. What that does because it went...from the bank to your hand, that was a taxable event. Therefore you're exposed it to ordinary income taxes - the highest rates possible... [NOTE: Consult your tax professionals at the appropriate time to determine the correct tax for your unique exchange strategy]
12-9-2021 Intel Guru MarkZ [via PDK] The regular payments to Kuwait have stopped. That is a very important piece. “The Central Bank of Iraq has announced that it has terminated all necessary banking arrangements with the US Federal Reserve to stop the automated deduction of Kuwait’s compensation." This is huge news. This is one thing that was necessary for Iraq to join the international world. To ascend to the World Trade organization and to freely trade with an international currency. That this came out today is huge!!! ...This was the best news today.
12-9-2021 Intel Guru Frank26 IMO the education of the monetary reform to the Iraqi citizens is very close to completion...The completion of their education in 2021 is only for them to start in 2022 with a new value with purchasing power to their currency and with an explosion of their economic reform because their monetary reform was so successful...
12-9-2021 Intel Guru Holly We are in an “any moment, any day” scenario. Most say before Christmas. A few say by the end of the month and if all not done we go into January.
12-9-2021 Newshound Guru Sandy Ingram Article: "Central Bank of Iraq governor meets Turkish counterpart" The governors reported that aim of the meeting was to develop banking relations between the two countries including opening of branches of Iraqi banks in Turkey...This is very good news, however this is even better news! Article: "Central Bank governor welcomes opening of branches of British banks inside Iraq"
12-9-2021 Newshound Guru Militiaman The [Central Bank of Iraq] satellite banks are getting geared here in the Untied States. Obviously they're not the only one - into the equation would be the World Trade Organization probably getting ready to be openly exposed.
12-9-2021 Intel Guru Frank26 [Iraq boots-on-the-ground TV update] FIREFLY: The CBI governor is on the news with the British Banking leader. He's saying Iraq has allowed the British banks to open inside of Iraq to help facilitate trade between the two countries. Then the CBI governor said this new bank from Britain is just one example of many opening up across our border and the fact that we now have taxes that we collect and that we now have customs that we collect because all of this was needed for the white papers and the economic reform...the Finance Minister is on the news...he says that Iraq needs to review the exchange rate in early 2022 in order to make the white papers reach the maximum effectiveness. FRANK26: All of these things they're telling is just to prepare you for your new exchange rate and your new small category notes...
12-9-2021 Intel Guru MarkZ [via PDK] [Is this a good weekend for it?] Based on what I am hearing –chatter wise- Absolutely!!! Redemption Center folks are still planning on working this weekend...As I understand it they are already done with the training, and education and the current change in plans…the expectation is they will be doing actual exchanges. ...I feel pretty good…
12-9-2021 Newshound Guru Pimpy ...no rate change has happened. There is no in-country rate vs out-of-country rate. It's the same rate. There is no government [Kuwait] getting paid off with a different rate. No, it's the same rate. That doesn't make any sense. I hate to be the boogeyman all the time when it comes to news like this but you guys ask me what do you think so I'm telling you...there's nothing there. It's just gibberish. There's no proof in there. 'Inside sources' are starting to sound like CNN. [Post 2 of 2]
12-9-2021 Newshound Guru Pimpy Rumors, upon rumors, upon rumors, upon rumors...once again I got a round of people sending me links to videos and..articles...talking about the rate change has happened in country. No it has not. The other one was Iraq settled their debt with Kuwait with the new rate. No they didn't...when it happens for one it happens for all at the same time...how often were the [rumors] ever right about the date and the rate change? Zero. It's gonna happen. I know a lot of these people were promising you by this time...by that time and it hasn't happened... [Post 1 of 2....stay tuned]
12-9-2021 Newshound/Intel Guru Mnt Goat The IMF has told us going way back to 2011 that their plan is to peg the IQD in a basket of 5 other currencies and float it on the international exchanges. This makes all the difference as to how the CBI can suddenly revalue it so much...This is real and going to happen. It has to happen.
12-9-2021 Intel Guru Bruce [via WiserNow] I’ll tell you we’re seeing this come to pass now... I know that redemption centers were staffed today...I believe we are in position to take advantage of this from this point on...We are in an any minute now time frame...I believe the plan is for this to go – and to not have to wait later – not after Christmas – not by the 15th but I believe we’re actually ready to go!! ...We know it is already done in Iraq - we know they are declared a sovereign nation - we know they have a new rate in country and throughout the region of the Middle East...
12-9-2021 Intel Guru Frank26 IMO the education of the monetary reform to the Iraqi citizens is very close to completion...The completion of their education in 2021 is only for them to start in 2022 with a new value with purchasing power to their currency and with an explosion of their economic reform because their monetary reform was so successful...
12-9-2021 Intel Guru Holly We are in an “any moment, any day” scenario. Most say before Christmas. A few say by the end of the month and if all not done we go into January.
12-9-2021 Newshound Guru Sandy Ingram Article: "Central Bank of Iraq governor meets Turkish counterpart" The governors reported that aim of the meeting was to develop banking relations between the two countries including opening of branches of Iraqi banks in Turkey...This is very good news, however this is even better news! Article: "Central Bank governor welcomes opening of branches of British banks inside Iraq"
12-9-2021 Newshound Guru Militiaman The [Central Bank of Iraq] satellite banks are getting geared here in the Untied States. Obviously they're not the only one - into the equation would be the World Trade Organization probably getting ready to be openly exposed.
12-9-2021 Intel Guru Frank26 [Iraq boots-on-the-ground TV update] FIREFLY: The CBI governor is on the news with the British Banking leader. He's saying Iraq has allowed the British banks to open inside of Iraq to help facilitate trade between the two countries. Then the CBI governor said this new bank from Britain is just one example of many opening up across our border and the fact that we now have taxes that we collect and that we now have customs that we collect because all of this was needed for the white papers and the economic reform...the Finance Minister is on the news...he says that Iraq needs to review the exchange rate in early 2022 in order to make the white papers reach the maximum effectiveness. FRANK26: All of these things they're telling is just to prepare you for your new exchange rate and your new small category notes...
12-9-2021 Intel Guru MarkZ [via PDK] [Is this a good weekend for it?] Based on what I am hearing –chatter wise- Absolutely!!! Redemption Center folks are still planning on working this weekend...As I understand it they are already done with the training, and education and the current change in plans…the expectation is they will be doing actual exchanges. ...I feel pretty good…
12-9-2021 Newshound Guru Pimpy ...no rate change has happened. There is no in-country rate vs out-of-country rate. It's the same rate. There is no government [Kuwait] getting paid off with a different rate. No, it's the same rate. That doesn't make any sense. I hate to be the boogeyman all the time when it comes to news like this but you guys ask me what do you think so I'm telling you...there's nothing there. It's just gibberish. There's no proof in there. 'Inside sources' are starting to sound like CNN. [Post 2 of 2]
12-9-2021 Newshound Guru Pimpy Rumors, upon rumors, upon rumors, upon rumors...once again I got a round of people sending me links to videos and..articles...talking about the rate change has happened in country. No it has not. The other one was Iraq settled their debt with Kuwait with the new rate. No they didn't...when it happens for one it happens for all at the same time...how often were the [rumors] ever right about the date and the rate change? Zero. It's gonna happen. I know a lot of these people were promising you by this time...by that time and it hasn't happened... [Post 1 of 2....stay tuned]
12-9-2021 Newshound/Intel Guru Mnt Goat The IMF has told us going way back to 2011 that their plan is to peg the IQD in a basket of 5 other currencies and float it on the international exchanges. This makes all the difference as to how the CBI can suddenly revalue it so much...This is real and going to happen. It has to happen.
12-9-2021 Intel Guru Bruce [via WiserNow] I’ll tell you we’re seeing this come to pass now... I know that redemption centers were staffed today...I believe we are in position to take advantage of this from this point on...We are in an any minute now time frame...I believe the plan is for this to go – and to not have to wait later – not after Christmas – not by the 15th but I believe we’re actually ready to go!! ...We know it is already done in Iraq - we know they are declared a sovereign nation - we know they have a new rate in country and throughout the region of the Middle East...
12-8-2021 Intel Guru MarkZ [via PDK] Wednesday Evening Update... Everything is positive and looks great for the week... I am hearing different things from the currency exchange side…everywhere from starting tomorrow [Thursday], to over the weekend…but everyone feels “very soon”. I am being told for sure that Redemption Center staff will be working this weekend. So I am feeling good.
12-8-2021 Newshound/Intel Guru Walkingstick [via Guru Frank26] The time of the monetary reform season is now. We told you there would be satellite banks...London is saying that we have many banks in Iraq now and Iraq has many of their banks and representatives of the satellites in London because we cannot do business with the CBI and its currency right now but its value is going to go up. It is now worth it to us says the international world that's pouring in. We told you the CBI would establish many of their bank representatives worldwide and they are right now.
12-8-2021 Intel Guru MarkZ [via PDK] [If I am thinking on the right track…all we need is the rate to go live…am I correct?] You are correct. At this point they are staged and prepared....Things that we can track are there have been small changes…marginally on the VND and the IQD…
12-8-2021 Newshound Guru Sandy Ingram More than likely there will be a float rather than an out and out exchange rate increase.
12-8-2021 Intel Guru Frank26 What did they say that the dinar was going to be on par with? The American dollar. Then it will be a rate of 1 to 1 when it leaves the country. It's not a genius thing here. This is not some kind of miracle that has been discovered. They've already told us this years ago now. You got to know when to hold them and when to fold them. What's it going to be when it goes out into the international world?
12-8-2021 Newshound Guru Militiaman Question: "What do you think is going on with the CBI and the Governor of the Central Bank of Iraq?" I think they've been very active. Even today they had some wonderful article about meeting with the British Ambassador about opening banks, implementation of border crossings, customs and taxes...they were interlinking with government agencies too... Question: "Is it only London that you've seen that has done this?" No not at all. It was Egypt, Jordan [30 others]... Question: "What do you think they know?" I think they know...that they're coming out to the world, that they're getting ready to go international completely... Question: "Is this a good thing for you and me as investors?" Absolutely. They're part of the whole digital transformation. United States, Great Britain, all kinds of countries, Europe, everybody.
12-8-2021 Intel Guru MarkZ [via PDK] One of my Iraqi contacts is expecting something overnight tonight...I hope he is right. I would love to see a new rate and a new value by tomorrow morning. Redemption folks have absolutely been told they are working this weekend. Nobody knows the exact timing…The Banking side and the Iraq side believes this is our week…and the DC Beltway folks think it will happen between the 12th and the 15th...Keep in mind the exact timing has been kept secret on purpose.
12-8-2021 Newshound Guru Pimpy Mr. Kazemi looks like he has an outstanding chance of being the prime minister. This is what we want. There's lots of articles being written about him at the moment talking about his chances...I think Al-Kazemi is a good guy. I think he's a good leader but again I'm not from Iraq. Those people know better than I do...But from what we can see or at least read he seems to be the right candidate...He seems to be doing all the right things to get Iraq back on track...
12-8-2021 Intel Guru Frank26 Continued: and why they have to give you the new small category notes to match this new exchange rate. Because the program rate is only a calculation for the 3-zero notes. The 3-zero notes are now being removed permanently from inside of your country...Do you realize how close we are? ...they will show you inside of the banks the bulletin boards - 4 feet by 2 feet - the currency sheets. Once they do that IMO they will put those same pictures...on the electronic billboards in your streets. Then I believe the exchange rate will be introduced to you after all of this has been presented to you...IMO they have to show you what they're going to give you first and then they give you the exchange rate during or shortly after or at the beginning of the year... [Post 2 of 2]
12-8-2021 Intel Guru Frank26 [Iraq boots-on-the-ground TV update] They said time is now for Iraq to be on the stage of international acceptance of their country's currency...and saying it will be a leader not only in the Arab region but global...they're saying the banking sector is the key for the international acceptance and Iraq has been working hard on this behind he scenes...tonight's part will talk on 'Can the dinar exchange rate return to its previous value' FRANK: This is the final countdown ...the next video they're going to give to you is on the pros and cons - will probably show you the new small category notes as they talk to you why they have to change the exchange rate... [Post 1 of 2....stay tuned]
12-8-2021 Intel Guru MarkZ [via PDK] [Been waiting for 8 years…afraid this is a scam.] This is not a scam. Referring specifically to the Iraqi Dinar …Remember Warren Buffet bought it and said “This is going to be a great long term investment”. When Trump was president he said at one time that the US has $41,682,410,000,000.00 Trillion Iraqi Dinar in the US Treasury. Or about $35 Billion US dollar worth of dinar in the US Treasury. If this was a scam they would not be holding it. Also Trump had years ago invested about $34 million of his own money in the Iraqi Dinar. [NOTE: The gurus have disagreed about who owns and who doesn't own what. Do your own due diligence and like always do not base your financial decision solely on the speculation about another investor's speculation.]
12-8-2021 Newshound Guru Kaperoni Question: "Where can I look to see it first? Forex?" There is no RV. This is not a lottery ticket. If and when the dinar ever goes up in value it will go up gradually over time as the economy grows...A country's currency is not a lottery ticket. It's not managed by fools or its value is not random. There is no RV. Only with the success of Iraq's economy can the dinar go up in value. [NOTE: You can always see the CBI's official dinar rate in the left column of this page.]
12-8-2021 Newshound/Intel Guru Mnt Goat ...we have seen an enormous amount of recent coordination with the other Central banks first throughout the Middle East...and now throughout the other leading developed nations of the world...This is all VERY amazing...and I fully believe we can expect to see the IQD move to the global trading platforms VERY soon...we can clearly see the path to the early January 2022 timeframe is in the spotlight. WOW! There is just so much pointing to this period... you can see the speeded-up effort to put in place the final steps to the process to go international... I am...talking about finally bringing back the dinar to it’s “glory days” and reinstating it...
12-8-2021 Newshound/Intel Guru Walkingstick [via Guru Frank26] The time of the monetary reform season is now. We told you there would be satellite banks...London is saying that we have many banks in Iraq now and Iraq has many of their banks and representatives of the satellites in London because we cannot do business with the CBI and its currency right now but its value is going to go up. It is now worth it to us says the international world that's pouring in. We told you the CBI would establish many of their bank representatives worldwide and they are right now.
12-8-2021 Intel Guru MarkZ [via PDK] [If I am thinking on the right track…all we need is the rate to go live…am I correct?] You are correct. At this point they are staged and prepared....Things that we can track are there have been small changes…marginally on the VND and the IQD…
12-8-2021 Newshound Guru Sandy Ingram More than likely there will be a float rather than an out and out exchange rate increase.
12-8-2021 Intel Guru Frank26 What did they say that the dinar was going to be on par with? The American dollar. Then it will be a rate of 1 to 1 when it leaves the country. It's not a genius thing here. This is not some kind of miracle that has been discovered. They've already told us this years ago now. You got to know when to hold them and when to fold them. What's it going to be when it goes out into the international world?
12-8-2021 Newshound Guru Militiaman Question: "What do you think is going on with the CBI and the Governor of the Central Bank of Iraq?" I think they've been very active. Even today they had some wonderful article about meeting with the British Ambassador about opening banks, implementation of border crossings, customs and taxes...they were interlinking with government agencies too... Question: "Is it only London that you've seen that has done this?" No not at all. It was Egypt, Jordan [30 others]... Question: "What do you think they know?" I think they know...that they're coming out to the world, that they're getting ready to go international completely... Question: "Is this a good thing for you and me as investors?" Absolutely. They're part of the whole digital transformation. United States, Great Britain, all kinds of countries, Europe, everybody.
12-8-2021 Intel Guru MarkZ [via PDK] One of my Iraqi contacts is expecting something overnight tonight...I hope he is right. I would love to see a new rate and a new value by tomorrow morning. Redemption folks have absolutely been told they are working this weekend. Nobody knows the exact timing…The Banking side and the Iraq side believes this is our week…and the DC Beltway folks think it will happen between the 12th and the 15th...Keep in mind the exact timing has been kept secret on purpose.
12-8-2021 Newshound Guru Pimpy Mr. Kazemi looks like he has an outstanding chance of being the prime minister. This is what we want. There's lots of articles being written about him at the moment talking about his chances...I think Al-Kazemi is a good guy. I think he's a good leader but again I'm not from Iraq. Those people know better than I do...But from what we can see or at least read he seems to be the right candidate...He seems to be doing all the right things to get Iraq back on track...
12-8-2021 Intel Guru Frank26 Continued: and why they have to give you the new small category notes to match this new exchange rate. Because the program rate is only a calculation for the 3-zero notes. The 3-zero notes are now being removed permanently from inside of your country...Do you realize how close we are? ...they will show you inside of the banks the bulletin boards - 4 feet by 2 feet - the currency sheets. Once they do that IMO they will put those same pictures...on the electronic billboards in your streets. Then I believe the exchange rate will be introduced to you after all of this has been presented to you...IMO they have to show you what they're going to give you first and then they give you the exchange rate during or shortly after or at the beginning of the year... [Post 2 of 2]
12-8-2021 Intel Guru Frank26 [Iraq boots-on-the-ground TV update] They said time is now for Iraq to be on the stage of international acceptance of their country's currency...and saying it will be a leader not only in the Arab region but global...they're saying the banking sector is the key for the international acceptance and Iraq has been working hard on this behind he scenes...tonight's part will talk on 'Can the dinar exchange rate return to its previous value' FRANK: This is the final countdown ...the next video they're going to give to you is on the pros and cons - will probably show you the new small category notes as they talk to you why they have to change the exchange rate... [Post 1 of 2....stay tuned]
12-8-2021 Intel Guru MarkZ [via PDK] [Been waiting for 8 years…afraid this is a scam.] This is not a scam. Referring specifically to the Iraqi Dinar …Remember Warren Buffet bought it and said “This is going to be a great long term investment”. When Trump was president he said at one time that the US has $41,682,410,000,000.00 Trillion Iraqi Dinar in the US Treasury. Or about $35 Billion US dollar worth of dinar in the US Treasury. If this was a scam they would not be holding it. Also Trump had years ago invested about $34 million of his own money in the Iraqi Dinar. [NOTE: The gurus have disagreed about who owns and who doesn't own what. Do your own due diligence and like always do not base your financial decision solely on the speculation about another investor's speculation.]
12-8-2021 Newshound Guru Kaperoni Question: "Where can I look to see it first? Forex?" There is no RV. This is not a lottery ticket. If and when the dinar ever goes up in value it will go up gradually over time as the economy grows...A country's currency is not a lottery ticket. It's not managed by fools or its value is not random. There is no RV. Only with the success of Iraq's economy can the dinar go up in value. [NOTE: You can always see the CBI's official dinar rate in the left column of this page.]
12-8-2021 Newshound/Intel Guru Mnt Goat ...we have seen an enormous amount of recent coordination with the other Central banks first throughout the Middle East...and now throughout the other leading developed nations of the world...This is all VERY amazing...and I fully believe we can expect to see the IQD move to the global trading platforms VERY soon...we can clearly see the path to the early January 2022 timeframe is in the spotlight. WOW! There is just so much pointing to this period... you can see the speeded-up effort to put in place the final steps to the process to go international... I am...talking about finally bringing back the dinar to it’s “glory days” and reinstating it...
12-7-2021 Intel Guru MarkZ [via PDK] We are getting more chatter from Redemption Center folks. They were told to fully expect to work this weekend...We are still hearing fantastic chatter from Reno. They have big expectations but they are not being given a time. They are being told that we are close and they need to stay in place...Most of them are very happy. To me that means something is going on to keep them very content.
[So, is this our week?] There is a great chance based on the banking side…of course my DC Beltway contacts are saying it will be somewhere between Dec 12th-and the 15th. My bank folks though are convinced we will all be going before that.
12-7-2021 Intel Guru Frank26 FIREFLY CONT: They say the dinar is back to global trading market platforms. They're saying Iraq will again be a leader in the region and they said that the dinar will be a supportive feature not only in the country of Iraq but on a global market. FRANK: ...This is fantastic. Every day notice that they're telling you more and more. Now they tell you that the new exchange rate is basically in the white papers. They already told you that it's in the budget of 2022. Remember they called it the 'guarded surprise' for you Iraqi citizens in order to complete your reforms. I'm extremely excited for you and for me...that's why they're teaching you about the new small category notes that you are about to receive! [Post 2 of 2]
12-7-2021 Intel Guru Frank26 [Iraq FIREFLY boots-on-the-ground TV update] FIREFLY: All last night they kept talking to us about the digital platform again...telling us that it is complete, saying that in early 2022 the budget will be supporting a rate that will enable it to bring the white paper reforms. FRANK: When you say 'When is it going to happen?' It's happening...the first video made it very clear 'we're international.' The second video is about, 'should we raise the value of our currency.' FIREFLY: They just told us they have 3 shows and the next 3 shows will be Friday, Saturday and Sunday to finish the whole pros and cons series. [Post 1 of 2....stay tuned]
12-7-2021 Newshound Guru Pimpy Iraq's doing everything they can to regain their sovereignty to get removed off the blacklist. We got more oil in the fields that need to be drilled and discovered. We need to develop the private sector so people have jobs but in addition to that less reliance on oil for the budget. The elections are over. Corruption is being dealt with. And we know that Sadr met with Al-Kazemi. Let's hope something comes out of that and we see this continuation of great work...
12-7-2021 Intel Guru Holly The sources I talk to say this is ready to go. All are being prepared. An event is expected to trigger this.
12-7-2021 Intel Guru MarkZ [via PDK] Good news all around...Banking Centers are Absolutely Staffed and ready to go!!! They are in place and prepared! I know of 3 centers personally that are fully staffed and ready to go as of 9:30 this morning. These are exciting times. They have really cranked up preparations in anticipation. I do not know if it is going today but it seems like we are right on the precipice. I am hearing positive news all over. We know this is a “when” not an “if” and even though we do not know the exact timing…We are close IMO.
12-7-2021 Intel Guru Frank26 [The CBI and Governor of the CBI] met with the London bank office - basically the Central Bank of England and they had some very official meetings. And the article was telling us that they were dealing with all of the advances that the CBI has done lately - their digital currency. Impressive...we've counted about 30 something banks around the world that have communicated with the Governor of the Central Bank...why in the world would England allow Iraq banks to be build all over their country? Why does Iraq have banks from England inside of Iraq? What the heck's going on?
12-7-2021 Newshound Guru Sandy Ingram One thing is for sure, the moment you earn a profit on the Iraqi dinar...you will need to report your profits to the tax agency in your country. There are 2 important tasks that you must accomplish when experiencing high 5-figure or 6-figure profits. 1. You must create a way to generate income to support yourself and your family. 2. You must figure out a way to lower your tax liability. These are 2 concerns of every wealth building individual. [NOTE: Always consult your tax and financial advisors at the appropriate time to build a winning strategy specific to your unique circumstances.]
12-7-2021 Newshound Guru MilitiaMan Articles: "His Excellency the Governor of the Central Bank of Iraq meets His Excellency the British Ambassador in Baghdad"; "THE CENTRAL BANK ANNOUNCES THE IMPLEMENTATION OF AUTOMATION FOR THREE GOVERNMENT INSTITUTIONS" These two articles...touched on the white papers, economic reforms and the priorities of implementation. The CBI and Government are now on the same level playing field and can track the money via new FinTech and Blockchain. They have launched the Digital System back 10/31/2021. It is utterly transparent, and it is an apparent necessary thing to have prior to fully being Article 8, imo... There is no going back now. They have full intention of changing their exchange rate to meet all international standards. Automation of the borders will usher in the WTO once the REER (Real Effective Exchange Rate) is exposed. imo...We are in an awesome place.
[So, is this our week?] There is a great chance based on the banking side…of course my DC Beltway contacts are saying it will be somewhere between Dec 12th-and the 15th. My bank folks though are convinced we will all be going before that.
12-7-2021 Intel Guru Frank26 FIREFLY CONT: They say the dinar is back to global trading market platforms. They're saying Iraq will again be a leader in the region and they said that the dinar will be a supportive feature not only in the country of Iraq but on a global market. FRANK: ...This is fantastic. Every day notice that they're telling you more and more. Now they tell you that the new exchange rate is basically in the white papers. They already told you that it's in the budget of 2022. Remember they called it the 'guarded surprise' for you Iraqi citizens in order to complete your reforms. I'm extremely excited for you and for me...that's why they're teaching you about the new small category notes that you are about to receive! [Post 2 of 2]
12-7-2021 Intel Guru Frank26 [Iraq FIREFLY boots-on-the-ground TV update] FIREFLY: All last night they kept talking to us about the digital platform again...telling us that it is complete, saying that in early 2022 the budget will be supporting a rate that will enable it to bring the white paper reforms. FRANK: When you say 'When is it going to happen?' It's happening...the first video made it very clear 'we're international.' The second video is about, 'should we raise the value of our currency.' FIREFLY: They just told us they have 3 shows and the next 3 shows will be Friday, Saturday and Sunday to finish the whole pros and cons series. [Post 1 of 2....stay tuned]
12-7-2021 Newshound Guru Pimpy Iraq's doing everything they can to regain their sovereignty to get removed off the blacklist. We got more oil in the fields that need to be drilled and discovered. We need to develop the private sector so people have jobs but in addition to that less reliance on oil for the budget. The elections are over. Corruption is being dealt with. And we know that Sadr met with Al-Kazemi. Let's hope something comes out of that and we see this continuation of great work...
12-7-2021 Intel Guru Holly The sources I talk to say this is ready to go. All are being prepared. An event is expected to trigger this.
12-7-2021 Intel Guru MarkZ [via PDK] Good news all around...Banking Centers are Absolutely Staffed and ready to go!!! They are in place and prepared! I know of 3 centers personally that are fully staffed and ready to go as of 9:30 this morning. These are exciting times. They have really cranked up preparations in anticipation. I do not know if it is going today but it seems like we are right on the precipice. I am hearing positive news all over. We know this is a “when” not an “if” and even though we do not know the exact timing…We are close IMO.
12-7-2021 Intel Guru Frank26 [The CBI and Governor of the CBI] met with the London bank office - basically the Central Bank of England and they had some very official meetings. And the article was telling us that they were dealing with all of the advances that the CBI has done lately - their digital currency. Impressive...we've counted about 30 something banks around the world that have communicated with the Governor of the Central Bank...why in the world would England allow Iraq banks to be build all over their country? Why does Iraq have banks from England inside of Iraq? What the heck's going on?
12-7-2021 Newshound Guru Sandy Ingram One thing is for sure, the moment you earn a profit on the Iraqi dinar...you will need to report your profits to the tax agency in your country. There are 2 important tasks that you must accomplish when experiencing high 5-figure or 6-figure profits. 1. You must create a way to generate income to support yourself and your family. 2. You must figure out a way to lower your tax liability. These are 2 concerns of every wealth building individual. [NOTE: Always consult your tax and financial advisors at the appropriate time to build a winning strategy specific to your unique circumstances.]
12-7-2021 Newshound Guru MilitiaMan Articles: "His Excellency the Governor of the Central Bank of Iraq meets His Excellency the British Ambassador in Baghdad"; "THE CENTRAL BANK ANNOUNCES THE IMPLEMENTATION OF AUTOMATION FOR THREE GOVERNMENT INSTITUTIONS" These two articles...touched on the white papers, economic reforms and the priorities of implementation. The CBI and Government are now on the same level playing field and can track the money via new FinTech and Blockchain. They have launched the Digital System back 10/31/2021. It is utterly transparent, and it is an apparent necessary thing to have prior to fully being Article 8, imo... There is no going back now. They have full intention of changing their exchange rate to meet all international standards. Automation of the borders will usher in the WTO once the REER (Real Effective Exchange Rate) is exposed. imo...We are in an awesome place.
12-6-2021 Intel Guru MarkZ [via PDK] The banks are adamant it’s this week...but its miserable being this close and not crossing the finish line...There really hasn’t been any news this afternoon on progress…It’s been exceptionally quiet. The DC Beltway people are expecting it between Dec 12th and the 15th. Listening to the bankers and the whales that are still on location….they believe it will be this week. Before the weekend …All we can do is watch it play out.
12-6-2021 Intel Guru BobTheTaxMan Now, including these plans in your IQD investment can still give you all the dreams...but with very little effort and very little expense. The choice is yours. Some are going to do nothing...spend it as quickly as possible...and then live a life of coulda, woulda, shoulda done things differently. There's some that are going to do something - exchange slowly...hoping the value of the IQD doesn't fall... - Keeping your exchange income under the proposed $400,000/year...Then there's those who are going to do everything they possibly can...reduce or eliminate those estate taxes...have a tax-free gain and...invest this gain for a tax-free lifetime income and leave a tax-free legacy for their heirs... [NOTE: Consult your tax professionals at the appropriate time to calculate the right tax for your unique circumstances and strategies.] [Post 2 of 2]
12-6-2021 Intel Guru BobTheTaxMan [Reference "No Plan" post from 12-5-2021] Now, let's take another look at the same scenario but with planning and preparation...We got the same 10 million IQD and .50 cents equaling $5 million buckaroonies. Option 1: Gifting Assignments. Why Bob? Because it's a great way to reduce your estate taxes - needs to be done...before the RV. Option 2: The Roth. This is the one and only way to have a completely tax-free gain on your IQD. Option 3: The CRUT (Charitable Remainder UniTrust). It's the best way to exchange your IQD in a tax-free environment and provide yourself a lifetime of income, a legacy and sharing with charities on your passing. [NOTE: Always consult your tax and financial advisors at the appropriate time to build a winning strategy specific to your unique circumstances.] [Post 1 of 2....stay tuned]
12-6-2021 Intel Guru Frank26 The year 2021 is for the purpose of educating the citizens about their monetary reform not their economic reform....the main thing is that they are educating them in the year 2021 about the new small category notes. About the new exchange rate. What did I say to you is in the 2021 budget? What did I say is in the 2022 budget? What did I say is in the 'white papers'... the rate. Last week I told you they educated them on the pros and cons of their monetary reform. It was an hour long video...they told the citizens they were international ...that their currency now has the ability to leave their country or to coming into their country - that's never happened before. They told them that this is the first time ever. There's a whole generation that has never seen their own currency - almost 20 years. So the education process is occurring in the year 2021...
12-6-2021 Intel Guru MarkZ [via PDK] There was a tremendous amount of chatter out of Iraq this weekend. But, there is no new rate out on the streets …there is a tremendous amount of talk. The government is saying basically that they will soon have a new value on the dinar…and a new forex value... Major rate change is the terminology…soon.
12-6-2021 Newshound Guru Pimpy They need to continue to do what it takes to lower that % of oil sales for their budget. A strong private sector means you have a strong economy. A strong economy leads to a strong dinar. I still think it's going to go up in increments until they develop enough of the private sector...less people relying on the gourmet. Stronger economy leads to stronger dinar. Just hang tight, we're seeing them take all the right steps They haven't taken this many positives steps in the right direction in a long time. So far so good.
12-6-2021 Intel/Newshound Guru Frank26 [Firefly boots-on-the-ground Iraqi TV update] This is weird. The CBI governor is on the television talking about some state-of-the-art technology...they're telling us that we have a 1 of a kind prepaid card for all payments in a Visa card. First of a kind in the Middle East...this is a fully Digital platform and is complete and wishes to have this on the global front so all citizens can make payments internationally. This is getting very serious...
12-6-2021 Intel Guru MarkZ [via PDK] [What is the word on the Vietnamese dong?] Still expecting it to go into the $2 range.
12-6-2021 Newshound/Intel Guru Mnt Goat ...What I am told by the CBI is that they are planning a MAJOR rate change and reinstatement to FOREX as part of the White Paper reforms.
12-6-2021 Intel Guru BobTheTaxMan Now, including these plans in your IQD investment can still give you all the dreams...but with very little effort and very little expense. The choice is yours. Some are going to do nothing...spend it as quickly as possible...and then live a life of coulda, woulda, shoulda done things differently. There's some that are going to do something - exchange slowly...hoping the value of the IQD doesn't fall... - Keeping your exchange income under the proposed $400,000/year...Then there's those who are going to do everything they possibly can...reduce or eliminate those estate taxes...have a tax-free gain and...invest this gain for a tax-free lifetime income and leave a tax-free legacy for their heirs... [NOTE: Consult your tax professionals at the appropriate time to calculate the right tax for your unique circumstances and strategies.] [Post 2 of 2]
12-6-2021 Intel Guru BobTheTaxMan [Reference "No Plan" post from 12-5-2021] Now, let's take another look at the same scenario but with planning and preparation...We got the same 10 million IQD and .50 cents equaling $5 million buckaroonies. Option 1: Gifting Assignments. Why Bob? Because it's a great way to reduce your estate taxes - needs to be done...before the RV. Option 2: The Roth. This is the one and only way to have a completely tax-free gain on your IQD. Option 3: The CRUT (Charitable Remainder UniTrust). It's the best way to exchange your IQD in a tax-free environment and provide yourself a lifetime of income, a legacy and sharing with charities on your passing. [NOTE: Always consult your tax and financial advisors at the appropriate time to build a winning strategy specific to your unique circumstances.] [Post 1 of 2....stay tuned]
12-6-2021 Intel Guru Frank26 The year 2021 is for the purpose of educating the citizens about their monetary reform not their economic reform....the main thing is that they are educating them in the year 2021 about the new small category notes. About the new exchange rate. What did I say to you is in the 2021 budget? What did I say is in the 2022 budget? What did I say is in the 'white papers'... the rate. Last week I told you they educated them on the pros and cons of their monetary reform. It was an hour long video...they told the citizens they were international ...that their currency now has the ability to leave their country or to coming into their country - that's never happened before. They told them that this is the first time ever. There's a whole generation that has never seen their own currency - almost 20 years. So the education process is occurring in the year 2021...
12-6-2021 Intel Guru MarkZ [via PDK] There was a tremendous amount of chatter out of Iraq this weekend. But, there is no new rate out on the streets …there is a tremendous amount of talk. The government is saying basically that they will soon have a new value on the dinar…and a new forex value... Major rate change is the terminology…soon.
12-6-2021 Newshound Guru Pimpy They need to continue to do what it takes to lower that % of oil sales for their budget. A strong private sector means you have a strong economy. A strong economy leads to a strong dinar. I still think it's going to go up in increments until they develop enough of the private sector...less people relying on the gourmet. Stronger economy leads to stronger dinar. Just hang tight, we're seeing them take all the right steps They haven't taken this many positives steps in the right direction in a long time. So far so good.
12-6-2021 Intel/Newshound Guru Frank26 [Firefly boots-on-the-ground Iraqi TV update] This is weird. The CBI governor is on the television talking about some state-of-the-art technology...they're telling us that we have a 1 of a kind prepaid card for all payments in a Visa card. First of a kind in the Middle East...this is a fully Digital platform and is complete and wishes to have this on the global front so all citizens can make payments internationally. This is getting very serious...
12-6-2021 Intel Guru MarkZ [via PDK] [What is the word on the Vietnamese dong?] Still expecting it to go into the $2 range.
12-6-2021 Newshound/Intel Guru Mnt Goat ...What I am told by the CBI is that they are planning a MAJOR rate change and reinstatement to FOREX as part of the White Paper reforms.
12-5-2021 Intel Guru RayRen98 US Bank source say they expecting a notification today (Sunday) and are "rounding up" staff to report to the Exchange Centers on Monday. They anticipate full exchange activity by Tuesday. Time Will Tell.
12-5-2021 Intel Guru Frank26 [Firefly boots-on-the-ground Iraqi TV continued] FRANK: ...IMO they have to show you what they're going to give you first and then give you the exchange rate either simultaneously or just shortly after they show you. They can't just give these new currency note in your hands because you guys will not fully understand. It must not fail with you. Once that step has been accomplished they will show a new exchange rate. IMO the new exchange rate will be more toward the end of the year closer to the beginning of next year or it will be given to you on the 1st... [Post 2 of 2]
12-5-2021 Intel Guru Frank26 [Firefly boots-on-the-ground Iraqi TV update] FIREFLY: We now see the special commercial. It's on TV. We're watching it right now. They're saying that the currency of Iraq is tomorrow's future...They say the special will run through the weekend. It's at 9pm Iraqi time. It's a 1 hour show... FRANK: IMO that means you are just a matter of moments away before they show you what they are talking to you about... FIREFLY: This morning they said all was complete and expected Iraq to be fully compliant sometime in early 2022. Then he said the time is now until we guide Iraq to the stage of the international acceptance of our country's currency... [Post 1 of 2....stay tuned]
12-5-2021 Intel Guru BobTheTaxMan ...a letter from the IRS you are now owing them 40% of your 5 million dollars which is approximately $2 million dollars. And then the state comes knocking saying 'hey you owe them also'. The dreams of a lavish lifestyle suddenly turn into a financial horror story because you have payments to the IRS and to the state which are freaking impossible. The debts begin to take a toll on your life and your relationships are challenged maybe even broken. Your financial security is completely destroyed and everything you thought the IQD investment would be is now a legacy of pain and guilt. Now, let's take another look at the same scenario but with planning and preparation for the anticipated IQD revaluation. [TO BE CONTINUED - STAY TUNED] [Post 2 of 2]
12-5-2021 Intel Guru BobTheTaxMan We're going to take an example. Let's say the announcement came from the CBI...with an anticipated rate of .50 cents...So you take your 10 million IQD and you rush off to the bank and you exchange it for $5 Million dollars. Yippie! Your IQD investment finally paid off...you go home petting your precious money fantasizing over what you are going to spend it on...the lifestyle you have dreamed of is in reach. The house, the car, the vacation, the toys they all appear and your long dreamed of funds begin to disappear. Now all the money is spent...whatever you set in payments is still there draining your income and your income cannot continue to support the lifestyle your fantasies created. Then comes a letter... [Post 1 of 2....stay tuned]
12-5-2021 Newshound Guru Sandy Ingram Article: "Central Bank of Iraq governor meets with head of Turkey's banking licensing and supervision authority" This is happening...The Central Bank of Iraq setting up bank branches in Turkey. This was good news because it means investors possibly can visit a safe country in which to exchange Iraqi dinars and/or open a banking account and set up possibly 4% interest rate...
12-5-2021 Newshound Guru Pimpy There is a lot of positive things working in Iraq. We know these things. We know the early elections took place and the government is being formed. We know over the last year and a half Al-Kazemi appears to be the real deal Holyfield. He's been doing everything he could to get the corruption weaved out the the government- doing what he could to develop the private sector...so their budget isn't reliant on oil sales...they're finding new oil and oil fields. They're working on moving quickly through the WTO. They're doing what they can to remove themselves off the blacklist...we know our troops are getting ready to leave restoring the sovereignty of Iraq. We know that their debt is almost paid off with Kuwait for invading them. All these things are big...steps necessary to get to the revaluation of the dinar.
12-5-2021 Intel Guru Frank26 Article: "Kuwait confirms receiving $1.47 billion in war compensation from Iraq" What are you putting in there? Quote: "...amounting to 1.47 billion dollars (0.4 billion dinars) in April, July and October of this year." Dude you just gave the mathematical formula! That would be $3.61! About an hour after this news agency...resent it without that information in the translation. Was it a mistake - don't pay attention to that? Or was it a mistake - I can't believe you did that! Get rid of that! Release the next article without that information!? Honestly I don't know...IMO Kuwait is being paid off for a reason right now. It is part of the agreement for Iraq to lift the value of their currency... The rate of Kuwait is around $3.32...I don't know if it's an honest mistake but the calculations are fascinating.
12-5-2021 Newshound Guru MilitiaMan If they are openly telling the citizens and from what we hear...in Iraq that they are going back to the glory days. That will require Article 8 compliance. A rate of 1460 is not Article 8, nor is 1190 or even 1166...They'll need the similar notes, as they had back in the glory days. Thus, they are said to be showing them the old notes in videos lately and still on going. ...The new digital system will require them to have new currency and one they can monitor efficiently and transparently. They have not destroyed 000s notes and reduced the supply of them as well, and...printed new notes to not change the exchange rate to get them on a level playing field like back in the glory days...Iraq has way to much value for them not to not raise the value of the Dinar...Things look very good...imo...
12-5-2021 Newshound/Intel Guru Mnt Goat ...Do not give up on this. It is coming as my CBI contact says they are preparing the final stages of the executing the project to delete the zeros. Then they plan to then monitor for inflation and if this part of the revaluation is successful then they will move back to FOREX (reinstate) and then we go to the bank... Everything is being lined up for either very late December or early January. I am VERY excited!
12-5-2021 Intel Guru Frank26 [Firefly boots-on-the-ground Iraqi TV continued] FRANK: ...IMO they have to show you what they're going to give you first and then give you the exchange rate either simultaneously or just shortly after they show you. They can't just give these new currency note in your hands because you guys will not fully understand. It must not fail with you. Once that step has been accomplished they will show a new exchange rate. IMO the new exchange rate will be more toward the end of the year closer to the beginning of next year or it will be given to you on the 1st... [Post 2 of 2]
12-5-2021 Intel Guru Frank26 [Firefly boots-on-the-ground Iraqi TV update] FIREFLY: We now see the special commercial. It's on TV. We're watching it right now. They're saying that the currency of Iraq is tomorrow's future...They say the special will run through the weekend. It's at 9pm Iraqi time. It's a 1 hour show... FRANK: IMO that means you are just a matter of moments away before they show you what they are talking to you about... FIREFLY: This morning they said all was complete and expected Iraq to be fully compliant sometime in early 2022. Then he said the time is now until we guide Iraq to the stage of the international acceptance of our country's currency... [Post 1 of 2....stay tuned]
12-5-2021 Intel Guru BobTheTaxMan ...a letter from the IRS you are now owing them 40% of your 5 million dollars which is approximately $2 million dollars. And then the state comes knocking saying 'hey you owe them also'. The dreams of a lavish lifestyle suddenly turn into a financial horror story because you have payments to the IRS and to the state which are freaking impossible. The debts begin to take a toll on your life and your relationships are challenged maybe even broken. Your financial security is completely destroyed and everything you thought the IQD investment would be is now a legacy of pain and guilt. Now, let's take another look at the same scenario but with planning and preparation for the anticipated IQD revaluation. [TO BE CONTINUED - STAY TUNED] [Post 2 of 2]
12-5-2021 Intel Guru BobTheTaxMan We're going to take an example. Let's say the announcement came from the CBI...with an anticipated rate of .50 cents...So you take your 10 million IQD and you rush off to the bank and you exchange it for $5 Million dollars. Yippie! Your IQD investment finally paid off...you go home petting your precious money fantasizing over what you are going to spend it on...the lifestyle you have dreamed of is in reach. The house, the car, the vacation, the toys they all appear and your long dreamed of funds begin to disappear. Now all the money is spent...whatever you set in payments is still there draining your income and your income cannot continue to support the lifestyle your fantasies created. Then comes a letter... [Post 1 of 2....stay tuned]
12-5-2021 Newshound Guru Sandy Ingram Article: "Central Bank of Iraq governor meets with head of Turkey's banking licensing and supervision authority" This is happening...The Central Bank of Iraq setting up bank branches in Turkey. This was good news because it means investors possibly can visit a safe country in which to exchange Iraqi dinars and/or open a banking account and set up possibly 4% interest rate...
12-5-2021 Newshound Guru Pimpy There is a lot of positive things working in Iraq. We know these things. We know the early elections took place and the government is being formed. We know over the last year and a half Al-Kazemi appears to be the real deal Holyfield. He's been doing everything he could to get the corruption weaved out the the government- doing what he could to develop the private sector...so their budget isn't reliant on oil sales...they're finding new oil and oil fields. They're working on moving quickly through the WTO. They're doing what they can to remove themselves off the blacklist...we know our troops are getting ready to leave restoring the sovereignty of Iraq. We know that their debt is almost paid off with Kuwait for invading them. All these things are big...steps necessary to get to the revaluation of the dinar.
12-5-2021 Intel Guru Frank26 Article: "Kuwait confirms receiving $1.47 billion in war compensation from Iraq" What are you putting in there? Quote: "...amounting to 1.47 billion dollars (0.4 billion dinars) in April, July and October of this year." Dude you just gave the mathematical formula! That would be $3.61! About an hour after this news agency...resent it without that information in the translation. Was it a mistake - don't pay attention to that? Or was it a mistake - I can't believe you did that! Get rid of that! Release the next article without that information!? Honestly I don't know...IMO Kuwait is being paid off for a reason right now. It is part of the agreement for Iraq to lift the value of their currency... The rate of Kuwait is around $3.32...I don't know if it's an honest mistake but the calculations are fascinating.
12-5-2021 Newshound Guru MilitiaMan If they are openly telling the citizens and from what we hear...in Iraq that they are going back to the glory days. That will require Article 8 compliance. A rate of 1460 is not Article 8, nor is 1190 or even 1166...They'll need the similar notes, as they had back in the glory days. Thus, they are said to be showing them the old notes in videos lately and still on going. ...The new digital system will require them to have new currency and one they can monitor efficiently and transparently. They have not destroyed 000s notes and reduced the supply of them as well, and...printed new notes to not change the exchange rate to get them on a level playing field like back in the glory days...Iraq has way to much value for them not to not raise the value of the Dinar...Things look very good...imo...
12-5-2021 Newshound/Intel Guru Mnt Goat ...Do not give up on this. It is coming as my CBI contact says they are preparing the final stages of the executing the project to delete the zeros. Then they plan to then monitor for inflation and if this part of the revaluation is successful then they will move back to FOREX (reinstate) and then we go to the bank... Everything is being lined up for either very late December or early January. I am VERY excited!
12-4-2021 Intel Guru MarkZ [via PDK] [If Iraq paid the Kuwait war reparations of 1.47B with 400K IQD, that means by math, that the IQD value is $3.67 to 1 USD. How is that not showing up on Forex?] Because it has not gone fully international yet…when it does I believe the rates will be even higher than that.
12-4-2021 Newshound Guru Walkingstick [via Guru Frank26] A dinar is a dinar in country...Iraqi citizens are not 'cashing in' any of their 3 zero notes. Not like you are. They're simply exchanging their 3 zeros for the lower denominations for more purchasing power.
12-4-2021 Intel Guru MarkZ [via PDK] ...I am still hearing they are pressing to move forward…maybe on the weekend...Redemption Center people were on call were on call but they did not get called to go into work today. My contacts were told they needed to be on call tomorrow. They said they did work some last week…learning some new protocols and new ways to handle a few things. They also did some “dry runs” for exchanges…counting some currency ect…and making sure everyone was up to speed. That is very positive news.
12-4-2021 Newshound Guru Kaperoni ...A "program rate" for the Iraqi dinar. The exchange rate of dinar is the exchange rate. The term program rate is a term that was taken from the IMF in a Stand by Agreement and twisted to imply the exchange rate is fake. All BS....there is no lottery ticket magical RV.
12-4-2021 Newshound Guru Pimpy There's one heck of a report that came out on behalf of Iraq. A really positive step. Report "IMF Staff Concludes Virtual Visit to Iraq" the write up is really good. To start off you can see that Iraq is definitely on track...they're expecting a 12% growth in GDP. That's good...that is a nice little write-up from the IMF staff. Of course it just indicates Iraq is definitely heading in the right direction. Their economy is strengthening...looking good but we still need Iraq to get yanked off that so-called blacklist over there in the UK...we need this election to be finalized and we need peace and stability to remain...we need the troops to get out of there. All these things seem to be happening...
12-4-2021 Intel Guru Frank26 [Firefly boots-on-the-ground Iraqi TV continued] FRANK: ...IMO they have to show you what they're going to give you first and then give you the exchange rate either simultaneously or just shortly after they show you. They can't just give these new currency notes in your hands because you guys will not fully understand. It must not fail with you. Once that step has been accomplished they will show a new exchange rate. IMO the new exchange rate will be more toward the end of the year closer to the beginning of next year or it will be given to you on the 1st... [Post 2 of 2]
12-4-2021 Intel Guru Frank26 [Firefly boots-on-the-ground Iraqi TV update] FIREFLY: We now see the special commercial. It's on TV. We're watching it right now. They're saying that the currency of Iraq is tomorrow's future...They say the special will run through the weekend. It's at 9pm Iraqi time. It's a 1 hour show... FRANK: IMO that means you are just a matter of moments away before they show you what they are talking to you about... FIREFLY: This morning they said all was complete and expected Iraq to be fully compliant sometime in early 2022. Then he said the time is now until we guide Iraq to the stage of the international acceptance of our country's currency... [Post 1 of 2...stay tuned]
12-4-2021 Intel Guru MarkZ [via PDK] [Can the RV happen on a Friday or the weekend?] Absolutely!! Anytime…it could happen 2 am on a Tuesday or 1 pm on a Saturday…no time is sacred. As I understand it, they have already done 2 different educational videos they shared with the Iraqi people and have a third one they want to get out…and as soon as they do that they are ready to release it...that’s what I was told.
12-4-2021 Inter Guru Wolverine Just letting you all know that I have received incredible news that the RV is definitely going to be released and notifications will be coming out any day now. The meeting with HSBC went fantastic as we are definitely having an early Christmas this month...
12-4-2021 Newshound Guru Walkingstick [via Guru Frank26] A dinar is a dinar in country...Iraqi citizens are not 'cashing in' any of their 3 zero notes. Not like you are. They're simply exchanging their 3 zeros for the lower denominations for more purchasing power.
12-4-2021 Intel Guru MarkZ [via PDK] ...I am still hearing they are pressing to move forward…maybe on the weekend...Redemption Center people were on call were on call but they did not get called to go into work today. My contacts were told they needed to be on call tomorrow. They said they did work some last week…learning some new protocols and new ways to handle a few things. They also did some “dry runs” for exchanges…counting some currency ect…and making sure everyone was up to speed. That is very positive news.
12-4-2021 Newshound Guru Kaperoni ...A "program rate" for the Iraqi dinar. The exchange rate of dinar is the exchange rate. The term program rate is a term that was taken from the IMF in a Stand by Agreement and twisted to imply the exchange rate is fake. All BS....there is no lottery ticket magical RV.
12-4-2021 Newshound Guru Pimpy There's one heck of a report that came out on behalf of Iraq. A really positive step. Report "IMF Staff Concludes Virtual Visit to Iraq" the write up is really good. To start off you can see that Iraq is definitely on track...they're expecting a 12% growth in GDP. That's good...that is a nice little write-up from the IMF staff. Of course it just indicates Iraq is definitely heading in the right direction. Their economy is strengthening...looking good but we still need Iraq to get yanked off that so-called blacklist over there in the UK...we need this election to be finalized and we need peace and stability to remain...we need the troops to get out of there. All these things seem to be happening...
12-4-2021 Intel Guru Frank26 [Firefly boots-on-the-ground Iraqi TV continued] FRANK: ...IMO they have to show you what they're going to give you first and then give you the exchange rate either simultaneously or just shortly after they show you. They can't just give these new currency notes in your hands because you guys will not fully understand. It must not fail with you. Once that step has been accomplished they will show a new exchange rate. IMO the new exchange rate will be more toward the end of the year closer to the beginning of next year or it will be given to you on the 1st... [Post 2 of 2]
12-4-2021 Intel Guru Frank26 [Firefly boots-on-the-ground Iraqi TV update] FIREFLY: We now see the special commercial. It's on TV. We're watching it right now. They're saying that the currency of Iraq is tomorrow's future...They say the special will run through the weekend. It's at 9pm Iraqi time. It's a 1 hour show... FRANK: IMO that means you are just a matter of moments away before they show you what they are talking to you about... FIREFLY: This morning they said all was complete and expected Iraq to be fully compliant sometime in early 2022. Then he said the time is now until we guide Iraq to the stage of the international acceptance of our country's currency... [Post 1 of 2...stay tuned]
12-4-2021 Intel Guru MarkZ [via PDK] [Can the RV happen on a Friday or the weekend?] Absolutely!! Anytime…it could happen 2 am on a Tuesday or 1 pm on a Saturday…no time is sacred. As I understand it, they have already done 2 different educational videos they shared with the Iraqi people and have a third one they want to get out…and as soon as they do that they are ready to release it...that’s what I was told.
12-4-2021 Inter Guru Wolverine Just letting you all know that I have received incredible news that the RV is definitely going to be released and notifications will be coming out any day now. The meeting with HSBC went fantastic as we are definitely having an early Christmas this month...
12-3-2021 Intel Guru MarkZ [via PDK] I...did speak with some HSBC contacts. The meetings went exceptionally well...and we are in an “any moment” scenario...To me “any moment “ could be a week…it could be January…it could be this evening.
12-3-2021 Intel Guru Frank26 Article: "Adviser to the Prime Minister: The 2022 budget is guarded by surprises and includes appointments" The budget is guarded? What are you guarding cookies?? No but it's more delicious than cookies...Kazimi is trying to tell the people of Iraq that there's going to be a surprise in the 2022 budget...Do you realize how much the exchange rate is guarded? You realize the top secret involved behind that number? Now you know it's 1 to 1 but you have no idea what it will be capped at do you?
12-3-2021 Newshound Guru Kaperoni If you own dinar do yourself a favor, spend your time reading and learning about Iraq and rebuilding of their economy. Until then, nothing is happening...Until Iraq has a new government in place, and they passed laws, build a diverse private sector economy there will be no change in the Iraqi dinar.
12-3-2021 Intel Guru Holly We are on the precipice of all of our dreams coming true. Keep your dreams alive. The wait is almost over. All anticipate that the final release is on the door step based on all the news we are hearing. I do not want to predict any day but things are progressing toward completion.
12-3-2021 Newshound Guru Pimpy Article: "Kuwait confirms receiving $1.47 billion in war compensation from Iraq" They're just about done with this...this is one of the things I believe is holding up the rate change...the remaining amount is $629 million. Not bad at all. It's less than half what they just paid. They said this should be done by February which means all war compensation should be complete...This is a huge deal for Iraq and IMO helps them take another step closer to a bigger rate change when the time comes plus having their sovereignty reinstated...
12-3-2021 Newshound Guru Walkingstick [via Guru Frank26] In the 2022 budget the governor of the Central bank of Iraq and the prime minister Kazimi both are telling the Iraqi citizens we have a guarded secret that was well studied... What's in the '22 budget... what's in the white papers? [the rate].
12-3-2021 Intel Guru Frank26 [Firefly boots-on-the-ground Iraqi TV update] FRANK continued: the new exchange rate of 1 to 1 against the American dollar and not the sanctioned program rate of 1190 because that does not mathematically work with the new small category notes that they are about to give you. This is a wonderful step in your education because IMO it is putting you in a position to receive them now...IMO you're going to see them before they officially give you the new rate so that you are prepared for the budget at the beginning of next year. They are showing you again this week the old small category notes from the 1940's because they want to make sure you understand that they will be looking almost like the ones that they're going to hand out to you... [Post 2 of 2]
12-3-2021 Intel Guru Frank26 [Firefly boots-on-the-ground Iraqi TV update] FIREFLY: They're talking about the old currency again...the ones from the 1940's...they're saying how the new currency will support a true dinar rate as long as Iraq enters the global markets...they're telling us about deals with foreign countries...and they must have a strong dinar to have these deals with these foreign countries because Iraq will be a centerpiece in the Middle East... FRANK: The CBI is trying to explain to you why you need this new currency because it has to match the new math that they're trying to explain to you... [Post 1 of 2....stay tuned]
12-3-2021 Intel Guru MarkZ [via PDK] ...we are starting to see a lot of chatter on very interesting rates popping up right now. We are getting a lot of chatter out of Iraq about a rate that I can’t confirm yet...I don’t know if that $11.90 rate on the boards is right…but it could be [Reference Guru Fleming's post below]. I think this is on the high side. But, we are hearing a lot of that chatter. I am hoping and praying this is our day…or our weekend…We have seen the rate bounce around all over. Based on what we are hearing from banks I can see where that rumor is coming from. Remember that link from Dr. Shabibi that said when he was addressing a number of business leaders years ago...If you guys are not familiar with Dr. Shabibi- he is the brains behind the Iraqi dinar RV…former governor of the CBI. (Central Bank of Iraq ) . He is one of the greatest economic minds of our generation. Dr Shabibi answering questions [in video below]
12-3-2021 Intel Guru Frank26 Article: "Adviser to the Prime Minister: The 2022 budget is guarded by surprises and includes appointments" The budget is guarded? What are you guarding cookies?? No but it's more delicious than cookies...Kazimi is trying to tell the people of Iraq that there's going to be a surprise in the 2022 budget...Do you realize how much the exchange rate is guarded? You realize the top secret involved behind that number? Now you know it's 1 to 1 but you have no idea what it will be capped at do you?
12-3-2021 Newshound Guru Kaperoni If you own dinar do yourself a favor, spend your time reading and learning about Iraq and rebuilding of their economy. Until then, nothing is happening...Until Iraq has a new government in place, and they passed laws, build a diverse private sector economy there will be no change in the Iraqi dinar.
12-3-2021 Intel Guru Holly We are on the precipice of all of our dreams coming true. Keep your dreams alive. The wait is almost over. All anticipate that the final release is on the door step based on all the news we are hearing. I do not want to predict any day but things are progressing toward completion.
12-3-2021 Newshound Guru Pimpy Article: "Kuwait confirms receiving $1.47 billion in war compensation from Iraq" They're just about done with this...this is one of the things I believe is holding up the rate change...the remaining amount is $629 million. Not bad at all. It's less than half what they just paid. They said this should be done by February which means all war compensation should be complete...This is a huge deal for Iraq and IMO helps them take another step closer to a bigger rate change when the time comes plus having their sovereignty reinstated...
12-3-2021 Newshound Guru Walkingstick [via Guru Frank26] In the 2022 budget the governor of the Central bank of Iraq and the prime minister Kazimi both are telling the Iraqi citizens we have a guarded secret that was well studied... What's in the '22 budget... what's in the white papers? [the rate].
12-3-2021 Intel Guru Frank26 [Firefly boots-on-the-ground Iraqi TV update] FRANK continued: the new exchange rate of 1 to 1 against the American dollar and not the sanctioned program rate of 1190 because that does not mathematically work with the new small category notes that they are about to give you. This is a wonderful step in your education because IMO it is putting you in a position to receive them now...IMO you're going to see them before they officially give you the new rate so that you are prepared for the budget at the beginning of next year. They are showing you again this week the old small category notes from the 1940's because they want to make sure you understand that they will be looking almost like the ones that they're going to hand out to you... [Post 2 of 2]
12-3-2021 Intel Guru Frank26 [Firefly boots-on-the-ground Iraqi TV update] FIREFLY: They're talking about the old currency again...the ones from the 1940's...they're saying how the new currency will support a true dinar rate as long as Iraq enters the global markets...they're telling us about deals with foreign countries...and they must have a strong dinar to have these deals with these foreign countries because Iraq will be a centerpiece in the Middle East... FRANK: The CBI is trying to explain to you why you need this new currency because it has to match the new math that they're trying to explain to you... [Post 1 of 2....stay tuned]
12-3-2021 Intel Guru MarkZ [via PDK] ...we are starting to see a lot of chatter on very interesting rates popping up right now. We are getting a lot of chatter out of Iraq about a rate that I can’t confirm yet...I don’t know if that $11.90 rate on the boards is right…but it could be [Reference Guru Fleming's post below]. I think this is on the high side. But, we are hearing a lot of that chatter. I am hoping and praying this is our day…or our weekend…We have seen the rate bounce around all over. Based on what we are hearing from banks I can see where that rumor is coming from. Remember that link from Dr. Shabibi that said when he was addressing a number of business leaders years ago...If you guys are not familiar with Dr. Shabibi- he is the brains behind the Iraqi dinar RV…former governor of the CBI. (Central Bank of Iraq ) . He is one of the greatest economic minds of our generation. Dr Shabibi answering questions [in video below]
12-3-2021 Newshound Guru Militiaman At this stage without having said that they have changed their rate yet but they can at a moment's notice with inter-connectivity and that's what they're saying that they have simulated. The keywords are simulation, simulator, incubator they're using all these different terms. They've tested it. They've simulated it. That's where we are in this...
12-3-2021 Intel Guru Fleming Marathon and oil companies, Phillips, have contracted to drill 307 new wells, so far. The investment in Iraq will only escalate from here. Apparently the IMF stopped Iraq on Monday, from notifying the world of this new global RATE. No reasons were given for this. Tonight, this goes live on Forex, and there’s can be hidden no longer...This now places Baghdad, Iraq as the premier trade hub for all of the Middle East...The time for rebuilding this war torn nation has arrived. [post 2 of 2] [Note: As always we're looking for consensus from multiple gurus and multiple guru camps. So far Guru Fleming is the first to report this information. Stay tuned as other gurus chime in with their intel. You can also see the CBI's latest reported dinar rate in the left column of this page.]
12-3-2021 Intel Guru Fleming IRAQ DINAR HAS A NEW RATE...Iraq went International Monday. The rate when we see it, will be over $11.90 USD. To demonstrate further, tomorrow or whenever we exchange, we should be able to go to the bank or redemption center, and exchange 1 MILLION Iraq dinars = $11,900,000 USD. Much more has taken place in Iraq with this change of currency value. [Post 1 of 2....stay tuned] [Note: As always we're looking for consensus from multiple gurus and multiple guru camps. So far Guru Fleming is the first to report this information. Stay tuned as other gurus chime in with their intel. You can also see the CBI's latest reported dinar rate in the left column of this page.]
12-3-2021 Newshound/Intel Guru Mnt Goat There are many very good articles coming out and most of them are all about the election and the revaluation of the currency. WOW! I have never seen so much pressure from all areas to revalue...Many of the articles are following along the lines with the concept of revaluation but they tend to move towards just getting back to pre-December 2020 rates. This is not what the CBI is aiming for. I am telling this as FACT!. Instead they are going to go all the way to reinstatement of the dinar back to global trading platforms. This is the end process. They have been aiming at this for a very long time.
12-3-2021 Intel Guru Fleming Marathon and oil companies, Phillips, have contracted to drill 307 new wells, so far. The investment in Iraq will only escalate from here. Apparently the IMF stopped Iraq on Monday, from notifying the world of this new global RATE. No reasons were given for this. Tonight, this goes live on Forex, and there’s can be hidden no longer...This now places Baghdad, Iraq as the premier trade hub for all of the Middle East...The time for rebuilding this war torn nation has arrived. [post 2 of 2] [Note: As always we're looking for consensus from multiple gurus and multiple guru camps. So far Guru Fleming is the first to report this information. Stay tuned as other gurus chime in with their intel. You can also see the CBI's latest reported dinar rate in the left column of this page.]
12-3-2021 Intel Guru Fleming IRAQ DINAR HAS A NEW RATE...Iraq went International Monday. The rate when we see it, will be over $11.90 USD. To demonstrate further, tomorrow or whenever we exchange, we should be able to go to the bank or redemption center, and exchange 1 MILLION Iraq dinars = $11,900,000 USD. Much more has taken place in Iraq with this change of currency value. [Post 1 of 2....stay tuned] [Note: As always we're looking for consensus from multiple gurus and multiple guru camps. So far Guru Fleming is the first to report this information. Stay tuned as other gurus chime in with their intel. You can also see the CBI's latest reported dinar rate in the left column of this page.]
12-3-2021 Newshound/Intel Guru Mnt Goat There are many very good articles coming out and most of them are all about the election and the revaluation of the currency. WOW! I have never seen so much pressure from all areas to revalue...Many of the articles are following along the lines with the concept of revaluation but they tend to move towards just getting back to pre-December 2020 rates. This is not what the CBI is aiming for. I am telling this as FACT!. Instead they are going to go all the way to reinstatement of the dinar back to global trading platforms. This is the end process. They have been aiming at this for a very long time.
12-2-2021 Intel Guru MarkZ [via PDK] I am getting mixed signals…Out of Reno I am hearing we have a couple days delay …I don’t know what that means as far as timing. Does that mean it should have happened a few days ago? Is it tomorrow? or Sat? Im not sure…. But from my Iraq sources I am getting tremendous news…one more round of education releases from the government in the next day or so and then they have a “Full Blown Release”...
12-2-2021 Intel Guru Frank26 [Firefly boots-on-the-ground Iraqi TV update] FIREFLY: Many of us are upset that the exchange rate has not changed yet and more and more are protesting and speaking out. 'Need a change' is the word on the street. FRANK: ...the governor of the CBI is doing a good job of educating you isn't he? And you know that...your country is so rich that the concept of changing your exchange rate is actually an afterthought...
12-2-2021 Intel Guru Holly My sources have all said things look very promising for the final release to be entered. We are in an any moment any day situation. No one will know when it happens, it will just happen.
12-2-2021 Intel Guru BobTheTaxMan It doesn't mean it's going to stay that way forever...this is...normal...don't get too excited over it...crying over spilt milk...doesn't do any good for anyone...let it go. Realize this is where we're at now. We're facing some challenges and some changes that's going to have some effect on our IQD investment plans...Your personal financial ship is up to YOU...you are the captain of your ship. Your preparation, implementation and the results of what you do are yours. Understanding ...changes in policies...the world of taxes is the key...and the hopeful plans we have for our financial future in regards to the IQD... [Post 2 of 2]
12-2-2021 Intel Guru BobTheTaxMan We do have a lot of changes that have happened in our tax situation and it's still under flux...We are moving from a conservative to a liberal administration with changes in attitudes, goals, and especially taxes! Under the previous administration we had the attitudes and goals that favored our IQD investment...The current administration's attitudes and goals favor limited retirement, capped charitable sharing and increased taxes for those making over $400,000 per year. I want you to remember that the political pendulum swings both ways...currently it's swinging to the left. [Post 1 of 2....stay tuned]
12-2-2021 Intel Guru MarkZ [via PDK] The contract rate is what we call the rate we will get from the banks. There is a program called “Oil For Dinar” so Iraq can pay over time the countries that aggregate the dinar and then turn it into Iraq in exchange for cheaper oil per barrel. These nations will receive oil at a steep discount in exchange for our dinar. So, in a nutshell they can offer us more for our currency then the regular street rate... Because for example the US or UK Treasuries will then use our dinar after its exchanged and give it back to Iraq for a greatly discounted, cheap oil. And this allows Iraq to pay for its RV over time.
12-2-2021 Newshound Guru Pimpy We're just waiting for the courts to ratify the election so that Sadr could continue working on developing this government. So, so far so good. It's looking like things are falling into place. We really want to see Al-Kazemi in there. I'd love to see him continue to do the great work that he's doing and do what it takes to make sure that Iraq is back on track and their people are prospering.
12-2-2021 Intel Guru Frank26 [Firefly boots-on-the-ground Iraqi TV update] FIREFLY: They just told us all foreign troops including the United States of America troops will all be gone from Iraq... They told us the reason why everyone's leaving is because we have full sovereignty. FRANK: Wow. Stop and think about it the only way that you could raise the value of your currency is if you had security and stability. We talked about it...Dr. Shabibi talked about it...
12-2-2021 Newshound/Intel Guru Mnt Goat Article: "THE MINISTER OF FINANCE REVEALS THE POSITION OF THE INTERNATIONAL COMMUNITY ON CHANGING THE PRICE OF THE DOLLAR AND PROMISES ABOUT THE 2022 BUDGET" Everything I am hearing and seeing in the news from Iraq is now telling me that there is a very good opportunity to reinstate the dinar in early 2022 with possibly the project to delete the zeros in mid to late December 2021. Yes, it is looking real good!
12-2-2021 Intel Guru MarkZ [via PDK] [...do you have any info how the RV is going to be in Europe ?] we expect it to roll out just like here in the states. Only difference I am told is bank branches will be used as redemption locations.
12-2-2021 Intel Guru Frank26 [Firefly boots-on-the-ground Iraqi TV update] FIREFLY: Many of us are upset that the exchange rate has not changed yet and more and more are protesting and speaking out. 'Need a change' is the word on the street. FRANK: ...the governor of the CBI is doing a good job of educating you isn't he? And you know that...your country is so rich that the concept of changing your exchange rate is actually an afterthought...
12-2-2021 Intel Guru Holly My sources have all said things look very promising for the final release to be entered. We are in an any moment any day situation. No one will know when it happens, it will just happen.
12-2-2021 Intel Guru BobTheTaxMan It doesn't mean it's going to stay that way forever...this is...normal...don't get too excited over it...crying over spilt milk...doesn't do any good for anyone...let it go. Realize this is where we're at now. We're facing some challenges and some changes that's going to have some effect on our IQD investment plans...Your personal financial ship is up to YOU...you are the captain of your ship. Your preparation, implementation and the results of what you do are yours. Understanding ...changes in policies...the world of taxes is the key...and the hopeful plans we have for our financial future in regards to the IQD... [Post 2 of 2]
12-2-2021 Intel Guru BobTheTaxMan We do have a lot of changes that have happened in our tax situation and it's still under flux...We are moving from a conservative to a liberal administration with changes in attitudes, goals, and especially taxes! Under the previous administration we had the attitudes and goals that favored our IQD investment...The current administration's attitudes and goals favor limited retirement, capped charitable sharing and increased taxes for those making over $400,000 per year. I want you to remember that the political pendulum swings both ways...currently it's swinging to the left. [Post 1 of 2....stay tuned]
12-2-2021 Intel Guru MarkZ [via PDK] The contract rate is what we call the rate we will get from the banks. There is a program called “Oil For Dinar” so Iraq can pay over time the countries that aggregate the dinar and then turn it into Iraq in exchange for cheaper oil per barrel. These nations will receive oil at a steep discount in exchange for our dinar. So, in a nutshell they can offer us more for our currency then the regular street rate... Because for example the US or UK Treasuries will then use our dinar after its exchanged and give it back to Iraq for a greatly discounted, cheap oil. And this allows Iraq to pay for its RV over time.
12-2-2021 Newshound Guru Pimpy We're just waiting for the courts to ratify the election so that Sadr could continue working on developing this government. So, so far so good. It's looking like things are falling into place. We really want to see Al-Kazemi in there. I'd love to see him continue to do the great work that he's doing and do what it takes to make sure that Iraq is back on track and their people are prospering.
12-2-2021 Intel Guru Frank26 [Firefly boots-on-the-ground Iraqi TV update] FIREFLY: They just told us all foreign troops including the United States of America troops will all be gone from Iraq... They told us the reason why everyone's leaving is because we have full sovereignty. FRANK: Wow. Stop and think about it the only way that you could raise the value of your currency is if you had security and stability. We talked about it...Dr. Shabibi talked about it...
12-2-2021 Newshound/Intel Guru Mnt Goat Article: "THE MINISTER OF FINANCE REVEALS THE POSITION OF THE INTERNATIONAL COMMUNITY ON CHANGING THE PRICE OF THE DOLLAR AND PROMISES ABOUT THE 2022 BUDGET" Everything I am hearing and seeing in the news from Iraq is now telling me that there is a very good opportunity to reinstate the dinar in early 2022 with possibly the project to delete the zeros in mid to late December 2021. Yes, it is looking real good!
12-2-2021 Intel Guru MarkZ [via PDK] [...do you have any info how the RV is going to be in Europe ?] we expect it to roll out just like here in the states. Only difference I am told is bank branches will be used as redemption locations.
12-1-2021 Newshound/Intel Guru Mnt Goat Article: "CAN THE DOLLAR EXCHANGE RATE RETURN TO THE PREVIOUS ONE IN THE NEAR FUTURE?" Again economist Antoine is still talking about floating the dinar on the program rate and not reinstating it. Yes, they do realize you can not float the dinar on the program rate just inside Iraq . It must be liberalized and float on the global markets, thus FOREX and other currency exchanges. This is the CBI plan to do this. So, these articles, like this one, are just more rhetoric from economists who do not know the overall long-term plan for the dinar. The long-term however, is now here.
12-1-2021 Intel Guru Holly ...From Iraq News... Kuwait confirms receiving $1.47 billion in war compensation from Iraq ... After 40 days of polling, the announcement of the final results of the Iraqi parliamentary elections The Sadrist bloc topped the final election results by obtaining 73 seats, (My understanding is that Iraq had to finish paying Kuwait before they could revalue - to be article 8 compliant. And now that The Sadrist has been announced as the winner, Kazemi should be announced soon.)
12-1-2021 Intel Guru MarkZ [via PDK] Someone asked about the dong if I could give some background on it and why it is included in this. Vietnam is one of Iraq ’s top trading partners. They are both included in the first basket and supposed to go at the same time. Vietnam ’s dong value was reduced during the Vietnam war. It was never reinstated. So, if all they did is reinstate their old value and correct it for inflation we would be looking at a rate in the low to mid $2 range.
12-1-2021 Newshound Guru Pimpy Finally...so far it looks like it's over. The electoral commission has announced its results. Not very much has changed. Sadr is still the big dog in charge of everything...Sadr is somewhat similar to Trump. He's a nationalist...what that means is somebody who believes in and supports his own country before other countries...he wants the United States out of his country because he believes they are occupiers. This also puts him at ends with Iran ...he doesn't want Iran 's two cents in his country either...Sadr is a hard guy to read. He could be a good guy or a bad guy. I'm curious to see what kind of government he is going to establish. Let's hope Kazemi is a part of it and they can get back on track and continue what they started...
12-1-2021 Intel Guru Frank26 The government of Iraq is talking about the exchange rate. The Central Bank of Iraq is talking about the budget... shouldn't it be the other way around? It's not because they are raising the value of their currency...the government of Iraq is interested in the exchange rate for the budget and the CBI is interested in the budget because they need to give them the exchange rate.
12-1-2021 Newshound Guru Adam Montana It's not often I agree with [Guru] Kaperoni, but this time he has a point. Funny thing is...there is no overnight RV, this has been building for some time. Those of us here a while now already know this hasn't been an overnight process. But one night soon... just watch. [Reference Guru Kaperoni post 11-30-21]
12-1-2021 Newshound Guru MilitiaMan My sources, specifically talk about that they are being taught about a new exchange rate. They are being taught that they're going to reform and do these things for the citizens and bring purchasing power. There's articles that even brought it up this weekend directly saying what we're doing will create purchasing power for the citizens...
12-1-2021 Intel Guru MarkZ [via PDK] ...one person...looked at what Iraq owed to Kuwait. He looked at the amount Iraq just paid to Kuwait ($1.47 Billion) He did the math on what was paid in Iraqi dinar. Doing the conversion it worked out to $2.45 US per dinar. This really does lend more credence to what we have been hearing that Iraq has moved forward and unpegging from the US dollar. I don’t think this rate affects us because we are covered under a contract. But this is huge movement... This is right out there for the whole world to see. Maybe this is their way of saying “Hey, we announced things” now they are going to let it float to where they want it. I think this is exactly what we saw. Value changes in Iraq that we can actually track is big…We have seen Iraq in the last 24 hours paying off old debts. In DINAR. So many are doing the math. All are finding tremendous difference in the value…it’s way up. To me this is absolutely huge.
12-1-2021 Intel Guru RayRen98 FEDERAL RESERVE CONTACT IS SAYING, "ANY MINUTE NOW" AND "WE ARE WORKING AROUND THE CLOCK IN ANTICIPATION!" BANKERS ARE CONFIRMING SEEING RATES TODAY...DONG FROM .47 TO .68...
12-1-2021 Intel Guru Holly I don’t like to give any dates as it is a moving target and event based. All sources say all is done and we await the final release codes. When that happens, it could be this week or longer. We don’t have all the details as to what is happening behind the scenes...
12-1-2021 Newshound/Intel Guru Mnt Goat ...Yes, November is gone and still no RV, just as I told everyone to wait and watch for early January 2022...The Iraqi news channels are all talking about the dinar and the revaluation. So much news in this area of concern I can hardly read it all...But like I said before, we must be real and ask ourselves if they are just talking about bringing back the pre-December program rate or a full blown reinstatement with the rate on FOREX that we want to see (around $4.81ish)? So far, I am told it is the later of the two and so we move ahead into early 2022 very soon to see what happens.
12-1-2021 Intel Guru Frank26 [Firefly boots-on-the-ground Iraqi TV update Continued] FRANK: It's stupid to think that they are going to do it in the first part of next year. They're going to implement it in the first part of next year. Because how are they going to open the budget on January 1st without the new exchange rate being exposed? That's why they are very soon to show you the new small category notes and then shortly after that or in conjunction with that they will show you the new exchange rate. That's why they're educating you right now about what they're going to do with the new exchange rate and this new currency. The new exchange rate belongs to the CBI and the GOI... [Post 2 of 2]
12-1-2021 Intel Guru Frank26 [Firefly boots-on-the-ground Iraqi TV update] FIREFLY: They go into talking to us about the 2022 budget. They say to be addressed and passed in early 2022. He's saying that the budget will be the center on projects of all our reforms and then the CBI in early 2022 we'll review the exchange rate too. Saying both will walk hand in hand. FRANK: Mustafa the Governor of the Central Bank, the only guy that can touch the exchange rate just told you that both the exchange rate and the budget are going to walk hand in hand? Yes sir! ...Your country is going to be one of the powerhouses of the world... [Post 1 of 2....stay tuned]
12-1-2021 Intel Guru Holly ...From Iraq News... Kuwait confirms receiving $1.47 billion in war compensation from Iraq ... After 40 days of polling, the announcement of the final results of the Iraqi parliamentary elections The Sadrist bloc topped the final election results by obtaining 73 seats, (My understanding is that Iraq had to finish paying Kuwait before they could revalue - to be article 8 compliant. And now that The Sadrist has been announced as the winner, Kazemi should be announced soon.)
12-1-2021 Intel Guru MarkZ [via PDK] Someone asked about the dong if I could give some background on it and why it is included in this. Vietnam is one of Iraq ’s top trading partners. They are both included in the first basket and supposed to go at the same time. Vietnam ’s dong value was reduced during the Vietnam war. It was never reinstated. So, if all they did is reinstate their old value and correct it for inflation we would be looking at a rate in the low to mid $2 range.
12-1-2021 Newshound Guru Pimpy Finally...so far it looks like it's over. The electoral commission has announced its results. Not very much has changed. Sadr is still the big dog in charge of everything...Sadr is somewhat similar to Trump. He's a nationalist...what that means is somebody who believes in and supports his own country before other countries...he wants the United States out of his country because he believes they are occupiers. This also puts him at ends with Iran ...he doesn't want Iran 's two cents in his country either...Sadr is a hard guy to read. He could be a good guy or a bad guy. I'm curious to see what kind of government he is going to establish. Let's hope Kazemi is a part of it and they can get back on track and continue what they started...
12-1-2021 Intel Guru Frank26 The government of Iraq is talking about the exchange rate. The Central Bank of Iraq is talking about the budget... shouldn't it be the other way around? It's not because they are raising the value of their currency...the government of Iraq is interested in the exchange rate for the budget and the CBI is interested in the budget because they need to give them the exchange rate.
12-1-2021 Newshound Guru Adam Montana It's not often I agree with [Guru] Kaperoni, but this time he has a point. Funny thing is...there is no overnight RV, this has been building for some time. Those of us here a while now already know this hasn't been an overnight process. But one night soon... just watch. [Reference Guru Kaperoni post 11-30-21]
12-1-2021 Newshound Guru MilitiaMan My sources, specifically talk about that they are being taught about a new exchange rate. They are being taught that they're going to reform and do these things for the citizens and bring purchasing power. There's articles that even brought it up this weekend directly saying what we're doing will create purchasing power for the citizens...
12-1-2021 Intel Guru MarkZ [via PDK] ...one person...looked at what Iraq owed to Kuwait. He looked at the amount Iraq just paid to Kuwait ($1.47 Billion) He did the math on what was paid in Iraqi dinar. Doing the conversion it worked out to $2.45 US per dinar. This really does lend more credence to what we have been hearing that Iraq has moved forward and unpegging from the US dollar. I don’t think this rate affects us because we are covered under a contract. But this is huge movement... This is right out there for the whole world to see. Maybe this is their way of saying “Hey, we announced things” now they are going to let it float to where they want it. I think this is exactly what we saw. Value changes in Iraq that we can actually track is big…We have seen Iraq in the last 24 hours paying off old debts. In DINAR. So many are doing the math. All are finding tremendous difference in the value…it’s way up. To me this is absolutely huge.
12-1-2021 Intel Guru RayRen98 FEDERAL RESERVE CONTACT IS SAYING, "ANY MINUTE NOW" AND "WE ARE WORKING AROUND THE CLOCK IN ANTICIPATION!" BANKERS ARE CONFIRMING SEEING RATES TODAY...DONG FROM .47 TO .68...
12-1-2021 Intel Guru Holly I don’t like to give any dates as it is a moving target and event based. All sources say all is done and we await the final release codes. When that happens, it could be this week or longer. We don’t have all the details as to what is happening behind the scenes...
12-1-2021 Newshound/Intel Guru Mnt Goat ...Yes, November is gone and still no RV, just as I told everyone to wait and watch for early January 2022...The Iraqi news channels are all talking about the dinar and the revaluation. So much news in this area of concern I can hardly read it all...But like I said before, we must be real and ask ourselves if they are just talking about bringing back the pre-December program rate or a full blown reinstatement with the rate on FOREX that we want to see (around $4.81ish)? So far, I am told it is the later of the two and so we move ahead into early 2022 very soon to see what happens.
12-1-2021 Intel Guru Frank26 [Firefly boots-on-the-ground Iraqi TV update Continued] FRANK: It's stupid to think that they are going to do it in the first part of next year. They're going to implement it in the first part of next year. Because how are they going to open the budget on January 1st without the new exchange rate being exposed? That's why they are very soon to show you the new small category notes and then shortly after that or in conjunction with that they will show you the new exchange rate. That's why they're educating you right now about what they're going to do with the new exchange rate and this new currency. The new exchange rate belongs to the CBI and the GOI... [Post 2 of 2]
12-1-2021 Intel Guru Frank26 [Firefly boots-on-the-ground Iraqi TV update] FIREFLY: They go into talking to us about the 2022 budget. They say to be addressed and passed in early 2022. He's saying that the budget will be the center on projects of all our reforms and then the CBI in early 2022 we'll review the exchange rate too. Saying both will walk hand in hand. FRANK: Mustafa the Governor of the Central Bank, the only guy that can touch the exchange rate just told you that both the exchange rate and the budget are going to walk hand in hand? Yes sir! ...Your country is going to be one of the powerhouses of the world... [Post 1 of 2....stay tuned]
11-30-2021 Guest Guru Brent Johnson [via PDK] The word that I have gotten from Iraq is they have an international rate. However, while the dinar is tradable internationally- the banks screens do not yet have the rate. So it does not have any practical implications yet. So the dinar is international and although the banks do not have the rates yet…they are on the precipice to do it. But the $1.47 billion paid to Kuwait from Iraq is very significant. The biggest word we have been getting is “Everything is done”. Every single faction is done....We are at the precipice and as close as we can get without it happening... Every one of the major sources I have- without exception is absolutely silent right now...and we consider this to be a very positive sign.
11-30-2021 Intel Guru MarkZ [via PDK] ...in Iraq the election commission confirms the election results…this is big...And Kuwait confirms they have received $1.47 billion in war compensation from Iraq. This is one of the last things that needed lifted...I am being told that starting this evening or into tomorrow is when the dinar will start floating in-country. This means we should be exceptionally close to us going. I do not expect us to float. I expect us to have a fixed rate. I am being told they are about to start their float internally. Which is what Kuwait did. It was about 10 days of floating internally until it hit us. But, I don’t think we will be waiting that long...this is enormous news coming out of Iraq...just huge.
11-30-2021 Newshound Guru Militiaman This last Black Friday where all the markets turned blood red except for Basra light sweet crude. It didn't drop at all. WTI oil dropped $8 or $9, Brent crude oil $8 or $9, Dow, NASDAQ, New York Stock Exchange, the dollar, everything crashed on Friday over this variant but yet Iraq's Basra light sweet crude...didn't change but 3 pennies. It's just incredible...this is a view of my own...the largest money in the world and the largest Central Banks in the world if they decide to take a market down they're very instrumental in being able to do so...it was interesting that everything was down yet Iraq's oil stayed the same within 3 pennies when the others were down $8 to $10 a barrel. Big deal.
11-30-2021 Newshound Guru Kaperoni In order for the Iraqi dinar to go up in value it will only happen when Iraq build an economy. They need a new government in place, pass laws and put people back to work...Only with the success of Iraq's economy can the dinar go up in value. There is no overnight RV.
11-30-2021 Newshound Guru Pimpy When the revaluation or the reinstatement happens it'll be announced. You'll hear about it. Before you can even do anything you have to wait until the restrictions are lifted off the banks for you to go ahead and go in there and exchange your currency. There are some steps that have to be taken first and foremost. I would imaging your biggest clue would be if a bank starts all of a sudden allowing you to purchase and sell Iraqi dinar - something must be getting ready to happen - because right now there's a restriction on the dinar. Most all banks will not buy it, will not sell it. I do believe Chase Banks are an exception. They will buy it at the current rate but that's it.
11-30-2021 Intel Guru MarkZ [via PDK] ...I do not believe we are going to see a float. At least not out of country. If you are in the country of Iraq You may see a float. I do not think you and I will see the float because we are covered by a contract…as explained to me by my bankers. I know there is a serious push in Iraq to have the new rate before the sun rises in Iraq tomorrow.
11-30-2021 Newshound/Intel Guru Walkingstick [via Guru Frank26] What they educated the citizens about last week was that...Iraq, everything about them is internationally tradable. You should not care...about the value right now. They already know what's going to happen...Iraq is tradable. The currency of Iraq is now tradable. The value will go up soon enough. [Iraq] is International and follows all the International laws, rules and regulations to trade and buy and sell with. Your currency is internationally tradable now.
11-30-2021 Newshound/Intel Guru Mnt Goat Article: "OFFICIALLY... THE ELECTORAL COMMISSION ANNOUNCES THE FINAL RESULTS TODAY URGENT" Looks like to me they are going to announce the election results today.
11-30-2021 Intel Guru Holly ...Rv news is all is done we await the final release code.
11-30-2021 Intel Guru Wolverine ...The global currency reset actually started in earnest on Sunday, November 21, when the GCR's kingpin, the Iraqi dinar, went international. By mon. the dinar was officially listed on world markets. On Tuesday, the rest of the world currencies in the first basket were changed to their new values in Zurich and Asia. By Thursday, the GCR had arrived in the US, and Colombia, Brazil, and Mexico traded on Friday. November 26. The whales were in position over Thanksgiving weekend to prepare for Level 4b trades and trades (us, the Internet Group)...
11-30-2021 Intel Guru MarkZ [via PDK] ...in Iraq the election commission confirms the election results…this is big...And Kuwait confirms they have received $1.47 billion in war compensation from Iraq. This is one of the last things that needed lifted...I am being told that starting this evening or into tomorrow is when the dinar will start floating in-country. This means we should be exceptionally close to us going. I do not expect us to float. I expect us to have a fixed rate. I am being told they are about to start their float internally. Which is what Kuwait did. It was about 10 days of floating internally until it hit us. But, I don’t think we will be waiting that long...this is enormous news coming out of Iraq...just huge.
11-30-2021 Newshound Guru Militiaman This last Black Friday where all the markets turned blood red except for Basra light sweet crude. It didn't drop at all. WTI oil dropped $8 or $9, Brent crude oil $8 or $9, Dow, NASDAQ, New York Stock Exchange, the dollar, everything crashed on Friday over this variant but yet Iraq's Basra light sweet crude...didn't change but 3 pennies. It's just incredible...this is a view of my own...the largest money in the world and the largest Central Banks in the world if they decide to take a market down they're very instrumental in being able to do so...it was interesting that everything was down yet Iraq's oil stayed the same within 3 pennies when the others were down $8 to $10 a barrel. Big deal.
11-30-2021 Newshound Guru Kaperoni In order for the Iraqi dinar to go up in value it will only happen when Iraq build an economy. They need a new government in place, pass laws and put people back to work...Only with the success of Iraq's economy can the dinar go up in value. There is no overnight RV.
11-30-2021 Newshound Guru Pimpy When the revaluation or the reinstatement happens it'll be announced. You'll hear about it. Before you can even do anything you have to wait until the restrictions are lifted off the banks for you to go ahead and go in there and exchange your currency. There are some steps that have to be taken first and foremost. I would imaging your biggest clue would be if a bank starts all of a sudden allowing you to purchase and sell Iraqi dinar - something must be getting ready to happen - because right now there's a restriction on the dinar. Most all banks will not buy it, will not sell it. I do believe Chase Banks are an exception. They will buy it at the current rate but that's it.
11-30-2021 Intel Guru MarkZ [via PDK] ...I do not believe we are going to see a float. At least not out of country. If you are in the country of Iraq You may see a float. I do not think you and I will see the float because we are covered by a contract…as explained to me by my bankers. I know there is a serious push in Iraq to have the new rate before the sun rises in Iraq tomorrow.
11-30-2021 Newshound/Intel Guru Walkingstick [via Guru Frank26] What they educated the citizens about last week was that...Iraq, everything about them is internationally tradable. You should not care...about the value right now. They already know what's going to happen...Iraq is tradable. The currency of Iraq is now tradable. The value will go up soon enough. [Iraq] is International and follows all the International laws, rules and regulations to trade and buy and sell with. Your currency is internationally tradable now.
11-30-2021 Newshound/Intel Guru Mnt Goat Article: "OFFICIALLY... THE ELECTORAL COMMISSION ANNOUNCES THE FINAL RESULTS TODAY URGENT" Looks like to me they are going to announce the election results today.
11-30-2021 Intel Guru Holly ...Rv news is all is done we await the final release code.
11-30-2021 Intel Guru Wolverine ...The global currency reset actually started in earnest on Sunday, November 21, when the GCR's kingpin, the Iraqi dinar, went international. By mon. the dinar was officially listed on world markets. On Tuesday, the rest of the world currencies in the first basket were changed to their new values in Zurich and Asia. By Thursday, the GCR had arrived in the US, and Colombia, Brazil, and Mexico traded on Friday. November 26. The whales were in position over Thanksgiving weekend to prepare for Level 4b trades and trades (us, the Internet Group)...
11-29-2021 Intel Guru MarkZ [via PDK] [Kuwaiti dinar is $3.27 at Chase right now.] isn’t that interesting? Especially when the new leadership in Iraq has said they are going to have the highest currency in the middle east. That kind of tells us the Iraqi dinar will be more then $3.27…right? I expect it to be closer to $5 over there. In Iraq they are putting out PSA’s on the TV about how to handle the new lower denominations. They are prepping their people as to what to expect over the next few days... [How close are we to going?] ...things are well underway...It looks like we are positioned for it to happen this week…a lot of the news is pointing to this week.
11-29-2021 Newshound Guru MilitiaMan Article: "Ishtar Gate Company and Visa have launched their cooperation by launching the Visa Platinum prepaid card "Blue Platinum", with services considered the first of its kind in the Middle East..." I have to say the depth of this article is amazing...We have the Central Bank launching and digital platform was said to be the first of it's kind and the communications being digital... They are not just saying this.. They are doing it. Having a multi currency VISA CARD for digital payments down to the ATM's..? To be international requires a real value to their currency...
11-29-2021 Newshound Guru Kaperoni There will be no accession for Iraq into the WTO until they pass the laws that are necessary to support their economy and start producing products that they can export other than oil. Talk of accession to the WTO is all nonsense until then.
11-29-2021 Newshound Guru Pimpy Article: "Can the dollar exchange rate return to the previous one in the near future?" More talk about the dollar exchange rate. That seems to be a topic almost regularly now.
11-29-2021 Intel Guru Holly ...The RV/GCR sets us free! ...All I talk to expect this to be released now...
11-29-2021 Intel Guru Frank26 [Firefly boots-on-the-ground Iraqi TV update] FIREFLY: The finance minister is on our television and he's saying positive signs of currency adjustment are now shown in the budget and in the white papers...and the '22 budget will reveal the support of this. FRANK: It's important...that you understand...the governor of the CBI tells the Iraqi citizens the monetary reform is complete. Now he comes out the next day of when they're going to do the 'pros and cons' of why they're going to do the monetary reform...and he says the currency adjustment that we've made is now showing and the only place that could be showing is in the budget. He says the '22 budget will reveal and support this...I'm all for that!
11-29-2021 Newshound Guru MilitiaMan Article: "Ishtar Gate Company and Visa have launched their cooperation by launching the Visa Platinum prepaid card "Blue Platinum", with services considered the first of its kind in the Middle East..." I have to say the depth of this article is amazing...We have the Central Bank launching and digital platform was said to be the first of it's kind and the communications being digital... They are not just saying this.. They are doing it. Having a multi currency VISA CARD for digital payments down to the ATM's..? To be international requires a real value to their currency...
11-29-2021 Newshound Guru Kaperoni There will be no accession for Iraq into the WTO until they pass the laws that are necessary to support their economy and start producing products that they can export other than oil. Talk of accession to the WTO is all nonsense until then.
11-29-2021 Newshound Guru Pimpy Article: "Can the dollar exchange rate return to the previous one in the near future?" More talk about the dollar exchange rate. That seems to be a topic almost regularly now.
11-29-2021 Intel Guru Holly ...The RV/GCR sets us free! ...All I talk to expect this to be released now...
11-29-2021 Intel Guru Frank26 [Firefly boots-on-the-ground Iraqi TV update] FIREFLY: The finance minister is on our television and he's saying positive signs of currency adjustment are now shown in the budget and in the white papers...and the '22 budget will reveal the support of this. FRANK: It's important...that you understand...the governor of the CBI tells the Iraqi citizens the monetary reform is complete. Now he comes out the next day of when they're going to do the 'pros and cons' of why they're going to do the monetary reform...and he says the currency adjustment that we've made is now showing and the only place that could be showing is in the budget. He says the '22 budget will reveal and support this...I'm all for that!
11-28-2021 Newshound Guru Pimpy People get all depressed and they get upset and they go, 'man I reckon the dinar is a scam.' No! You keep falling for these fake stories...people are telling you. You don't need a humanitarian project. There's no redemption centers. There's no 800 numbers. There's no back screens. Come on people. I hear this all the time. Stay grounded. If you pay attention to the economy and what's going on with the stability and sovereignty in Iraq that's what you should be keeping an eye on. Now will they revalue everything over night? It's possible but I think they're going to go up in stages - increments. Iraq is doing really good. I'm just hoping this election gets over with. Things go peacefully. We leave. Iraq gets their sovereignty back. ISIS stay the hell out of there and Iraq continues to do what they're doing which is positively moving forward.
11-28-2021 Newshound Guru Sandy Ingram Yes we understand Iraq has over printed its money...But we also understand Iraq is OPEC's second largest producer of oil...We understand Iraq is believed to have more unfound oil under the ground than any other country in the world...We also understand the Untied States and other nations have invested heavily in Iraq and a Return on Investment is how the world works...just wanted you to know why there is more demand than supply of Iraqi dinars...
11-28-2021 Intel Guru Frank26 FRANK: I'm excited about tomorrow's presentation from the Governor of the Central Bank of Iraq to all of you citizens because we told you what they're going to do. We told you that they were going to give you a long explanation and we even told you the words were 'pro and con'...they are going to give you a new rate and a new currency... [post 2 of 2]
11-28-2021 Intel Guru Frank26 [Firefly boots-on-the-ground Iraqi TV update] FIREFLY: Television says a group of Iraqi personnel are in Geneva to discuss Iraq's ascension to the WTO and they're talking about what this will mean in a global front. Then they talk about how the banking sector in Iraq has totally reformed...that our banking reform is complete and we have the most enhanced software and technology in the world and in order to support all this new technology...our currency must represent true value in relationship to the region especially if we're to be a central hub financially... [post 1 of 2....stay tuned]
11-28-2021 Newshound Guru Sandy Ingram Yes we understand Iraq has over printed its money...But we also understand Iraq is OPEC's second largest producer of oil...We understand Iraq is believed to have more unfound oil under the ground than any other country in the world...We also understand the Untied States and other nations have invested heavily in Iraq and a Return on Investment is how the world works...just wanted you to know why there is more demand than supply of Iraqi dinars...
11-28-2021 Intel Guru Frank26 FRANK: I'm excited about tomorrow's presentation from the Governor of the Central Bank of Iraq to all of you citizens because we told you what they're going to do. We told you that they were going to give you a long explanation and we even told you the words were 'pro and con'...they are going to give you a new rate and a new currency... [post 2 of 2]
11-28-2021 Intel Guru Frank26 [Firefly boots-on-the-ground Iraqi TV update] FIREFLY: Television says a group of Iraqi personnel are in Geneva to discuss Iraq's ascension to the WTO and they're talking about what this will mean in a global front. Then they talk about how the banking sector in Iraq has totally reformed...that our banking reform is complete and we have the most enhanced software and technology in the world and in order to support all this new technology...our currency must represent true value in relationship to the region especially if we're to be a central hub financially... [post 1 of 2....stay tuned]
11-27-2021 Intel Guru MarkZ [via PDK] [Frank26 says those exchanging currency will be destroyed by Biden taxes.] I do not believe that to be accurate. There is a lot of back and forth on the tax issue. I am told no we will not pay taxes on our exchange, because it is already figured into a tax treaty on our exchange. It will not affect us…but if this is wrong…be prepared...I am 99.9 percent certain we won’t have to…but I am prepared... [NOTE: Check with your tax professional at the appropriate time so you're assured not to get into trouble with the IRS.]
11-27-2021 Intel Guru Holly ...All sources say we are there, this is done. So why have we not seen it at our level? My thoughts: 1. There is still something going on behind the scenes we are not being told. 2. We are waiting for an event to trigger this as it is event driven...
11-27-2021 Newshound/Intel Guru RVAlready I think they are hoping to do this by Nov 30.
11-27-2021 Intel Guru Frank26 [Firefly boots-on-the-ground Iraqi TV update] FIREFLY: the ticker down at the bottom [of the TV screen] is telling us that the CBI will have a series on our television that they're going to explain about our currency why it's going up in value and also why our federal reserves have gone up and then they're going to tell us what the deleting of the zeros means and how it is good for our economy. How it is good for Iraq...they're going to show us the 'pros and cons'...yes we're excited.
11-27-2021 Newshound Guru Pimpy Nobody out there is getting these special deals. Nobody's going to get you guys together in a big group and get special rates. I know there's all kinds of scams out there going on like that. People telling you to send a copy of the serial numbers and all that kind of crap. Don't fall for that. It's fake. I hear from people all the time saying, 'Pimpy have you heard about this? I did it and I lost my dinars.' Yeah, that's why I keep telling you guys anytime anybody asks you to part with your dinars - I wouldn't trust that situation.
11-27-2021 Intel Guru Wolverine All indications are saying that the RV is very close to get launch. Lots of movement in Reno for the last two weeks and momentum is moving every day. Yesterday they have all been told to stay put as any day the gates are about to be open...redemption centres are on hold to get this started and they have all been told to stay put. The UST have called most whales and have told them to stay put as any day they are going to have the gates open. Everything is ready to go and we are just waiting for them to lock in the codes. As soon as the codes are locked in we can all open a bottle of champagne and celebrate and I can sing my opera...
11-27-2021 Intel Guru Frank26 THE CENTRAL BANK HAS ALL IT'S DUCKS IN A ROW INTERNATIONALLY... ARTICLE 8 THEY'RE FOLLOWING ALL THE RULES, LAWS AND REGULATIONS OF THE IMF!!!
11-27-2021 Intel Guru Holly ...All sources say we are there, this is done. So why have we not seen it at our level? My thoughts: 1. There is still something going on behind the scenes we are not being told. 2. We are waiting for an event to trigger this as it is event driven...
11-27-2021 Newshound/Intel Guru RVAlready I think they are hoping to do this by Nov 30.
11-27-2021 Intel Guru Frank26 [Firefly boots-on-the-ground Iraqi TV update] FIREFLY: the ticker down at the bottom [of the TV screen] is telling us that the CBI will have a series on our television that they're going to explain about our currency why it's going up in value and also why our federal reserves have gone up and then they're going to tell us what the deleting of the zeros means and how it is good for our economy. How it is good for Iraq...they're going to show us the 'pros and cons'...yes we're excited.
11-27-2021 Newshound Guru Pimpy Nobody out there is getting these special deals. Nobody's going to get you guys together in a big group and get special rates. I know there's all kinds of scams out there going on like that. People telling you to send a copy of the serial numbers and all that kind of crap. Don't fall for that. It's fake. I hear from people all the time saying, 'Pimpy have you heard about this? I did it and I lost my dinars.' Yeah, that's why I keep telling you guys anytime anybody asks you to part with your dinars - I wouldn't trust that situation.
11-27-2021 Intel Guru Wolverine All indications are saying that the RV is very close to get launch. Lots of movement in Reno for the last two weeks and momentum is moving every day. Yesterday they have all been told to stay put as any day the gates are about to be open...redemption centres are on hold to get this started and they have all been told to stay put. The UST have called most whales and have told them to stay put as any day they are going to have the gates open. Everything is ready to go and we are just waiting for them to lock in the codes. As soon as the codes are locked in we can all open a bottle of champagne and celebrate and I can sing my opera...
11-27-2021 Intel Guru Frank26 THE CENTRAL BANK HAS ALL IT'S DUCKS IN A ROW INTERNATIONALLY... ARTICLE 8 THEY'RE FOLLOWING ALL THE RULES, LAWS AND REGULATIONS OF THE IMF!!!
11-26-2021 Newshound Guru MilitiaMan ...There is far to much information out that supports Iraq is about to go international with a new exchange rate with the real value to go with it...There is proof that the WTO suggests that there is imminence to ascension and there is more on that matter to come out, as early as next week...the positive effects in play now have made the environment today what it is so that the investors and private sector can flourish once the exchange rate with real value is exposed...imo...
11-26-2021 Newshound Guru Adam Montana The increase in dollar amount isn't just from the increased price of oil, either - Iraq is refining their entire production system, exporting more efficiently, and making progress. The price of oil isn't hurting them, either. Every time I look at this situation in a "big picture" way, I can't help but get excited. There's really only one way for this all to end, and that is with an increase in the value of the Dinar. How could it not end that way, when everywhere we look there is proof that, indeed, Article: "IRAQ SUBMITS A PROPOSAL TO COMPETE WITH THE WORLD ECONOMY" Quote: "Iraq possesses great and enormous wealth that allows it to be a major economic player," This has never been a question of "IF", only "WHEN". Stay positive, grounded... GOOOOOOO RRRRRRRVVVVVVVV!!!!!! [post 2 of 2]
11-26-2021 Newshound Guru Adam Montana Whether you see and acknowledge the progress or not, Iraq is continuing to move forward. The wait can seem eternal if you look at this situation through a microscope, but the big picture is much different. Many of us have been here through some incredible changes, even if we haven't seen THE change we really want...Here's a prime example of the progress we can see clearly - in May of 2021, the number was 6 billion. Article: "More than five and a half billion dollars in Iraq's oil revenues in a month" Just a few short months later, we are reading 7.66 billion. Article: "Iraq: $7.66 billion, the value of crude oil exports during October" [post 1 of 2....stay tuned]
11-26-2021 Newshound Guru Pimpy There's no back numbers. There's no back screens...Nobody has the codes. There's no military intel. There's no redemption centers. There's no 800 numbers...When the time comes and you feel like changing in your Iraqi dinar you will go to an exchange center, unless it's some astronomical amount that they gotta give you, then...you have to wait until you find a bank that will allow you to deposit the money...That's it. You don't have to turn it into nobody. Don't get scammed. Nobody's going to get you together in a group and get a better rate. The rate is going to be the same for everybody.
11-26-2021 Intel Guru MarkZ [via PDK] Redemption folks ARE WORKING today. They are on call all this weekend. At least the folks I know. I have spoken to 3 of them today. Looks like completion of things are in their sights. Whether or not they will get it done by the end of the month? We don’t know- but everyone is in place on this holiday weekend...Whales continue to be in position on Thanksgiving. They still have anticipation they will be paid over the next few days. There are a tremendous number of whales in financial cites...these guys are the BIG players. And if they are sitting in position right now. Imagine how upset they are going to be if they don’t get their dollars. So I am pretty excited. ...I will post immediately...Whenever this happens – night or day.
11-26-2021 Intel Guru Frank26 Question: "After the reinstatement occurs where will we look to find out how much time we have to exchange certain notes...? I assume they will expire at different times?" Yeah, there is a possibility they will expire at different times. There's also the possibility that they will all expire at the same time...we don't really know...Here in the United States of America we still have three zero notes that are legal tender...
11-26-2021 Newshound Guru Adam Montana The increase in dollar amount isn't just from the increased price of oil, either - Iraq is refining their entire production system, exporting more efficiently, and making progress. The price of oil isn't hurting them, either. Every time I look at this situation in a "big picture" way, I can't help but get excited. There's really only one way for this all to end, and that is with an increase in the value of the Dinar. How could it not end that way, when everywhere we look there is proof that, indeed, Article: "IRAQ SUBMITS A PROPOSAL TO COMPETE WITH THE WORLD ECONOMY" Quote: "Iraq possesses great and enormous wealth that allows it to be a major economic player," This has never been a question of "IF", only "WHEN". Stay positive, grounded... GOOOOOOO RRRRRRRVVVVVVVV!!!!!! [post 2 of 2]
11-26-2021 Newshound Guru Adam Montana Whether you see and acknowledge the progress or not, Iraq is continuing to move forward. The wait can seem eternal if you look at this situation through a microscope, but the big picture is much different. Many of us have been here through some incredible changes, even if we haven't seen THE change we really want...Here's a prime example of the progress we can see clearly - in May of 2021, the number was 6 billion. Article: "More than five and a half billion dollars in Iraq's oil revenues in a month" Just a few short months later, we are reading 7.66 billion. Article: "Iraq: $7.66 billion, the value of crude oil exports during October" [post 1 of 2....stay tuned]
11-26-2021 Newshound Guru Pimpy There's no back numbers. There's no back screens...Nobody has the codes. There's no military intel. There's no redemption centers. There's no 800 numbers...When the time comes and you feel like changing in your Iraqi dinar you will go to an exchange center, unless it's some astronomical amount that they gotta give you, then...you have to wait until you find a bank that will allow you to deposit the money...That's it. You don't have to turn it into nobody. Don't get scammed. Nobody's going to get you together in a group and get a better rate. The rate is going to be the same for everybody.
11-26-2021 Intel Guru MarkZ [via PDK] Redemption folks ARE WORKING today. They are on call all this weekend. At least the folks I know. I have spoken to 3 of them today. Looks like completion of things are in their sights. Whether or not they will get it done by the end of the month? We don’t know- but everyone is in place on this holiday weekend...Whales continue to be in position on Thanksgiving. They still have anticipation they will be paid over the next few days. There are a tremendous number of whales in financial cites...these guys are the BIG players. And if they are sitting in position right now. Imagine how upset they are going to be if they don’t get their dollars. So I am pretty excited. ...I will post immediately...Whenever this happens – night or day.
11-26-2021 Intel Guru Frank26 Question: "After the reinstatement occurs where will we look to find out how much time we have to exchange certain notes...? I assume they will expire at different times?" Yeah, there is a possibility they will expire at different times. There's also the possibility that they will all expire at the same time...we don't really know...Here in the United States of America we still have three zero notes that are legal tender...
11-25-2021 Newshound Guru Pimpy We're still waiting to hear the results of the election and audits. Then we're going to wait for the new formation of the government. Then the United States is going to be leaving Iraq. These are all major things. As long as some big huge terrorist group doesn't go in there and overrun the country like we see in Afghanistan then we should be fine. Iraq will be getting their sovereignty back. They keep rebuilding their country. Keep investing in the private sectors, get away from oil dependency and stick to the reform papers because obviously it is working. As time goes on we're going to see the dinar IMO go up in increments. I know everybody's expecting an overnight RV or RI I'm not saying that's not going to happen but most likely what's going to happen is you'll see the dinar go up in increments.
11-25-2021 Newshound Guru Sandy Ingram Article: "Central Bank of Iraq begins to activate self-management of foreign reserves" Iraq's increase in foreign reserves since the devaluation last December and now the announcement of self-management of foreign reserves all points to a country coming onto the global financial platform...the increase in foreign reserves is a good thing, a really really really good thing...
11-25-2021 Intel Guru Frank26 Question: "Once this change takes place...have your friends indicated what the time frame on calling in the three zero notes may be? Are we going to have 30 days? 90 days? Maybe a year?" We don't know. We know that by standard it's usually at least up to a year to coexist. I don't think that is an issue because if it was our friends would have been told already and they haven't...it would be very bad because you think you're the only one that has dinars? Hundreds of counties have dinars in their reserves right now. And what you're going to screw them all over? Iraq is about to become the Mecca of financial currency in the Middle East...they will coexist...
11-25-2021 Intel Guru MarkZ [via PDK] [With Iraq having VND as one of their main currency for reserves wouldn`t VND go with Dinar?] Dinar and dong will go at the same time is what I have been told. A few weeks ago my contractors in Iraq saw the rate of $4.71…..then we were told it would be $4.81. Now they expect the new rate will be out this month…by the 30th...
11-25-2021 Newshound/Intel Guru Mnt Goat Article: "BAGHDAD SENDS MORE THAN TWO BILLION DINARS IN FINANCIAL DUES TO THE KURDISTAN REGION" So, the CBI sent payments to the Kurdistan region. Remember what I said that if they do this they will have to make these so-called loaded ATMs available to use. How can they use them if they are all filled with the lower of the lower denominations... So there is now a showdown coming. ...are they really going to distribute the lower denominations? We will see.
11-25-2021 Newshound Guru Pimpy Article: "Iraq Announces its Imminent Accession To The World Trade Organization" We've been waiting for this. This is big. Once they are in there they really start becoming big players on the international scene...being in the World Trade Organization does nothing but help the economy as well as strengthen the dinar...
11-25-2021 Intel Guru Holly We move ever closer to our goal each day...Everything’s ready to go just waiting for the final release code.
11-25-2021 Newshound Guru Sandy Ingram Article: "Central Bank of Iraq begins to activate self-management of foreign reserves" Iraq's increase in foreign reserves since the devaluation last December and now the announcement of self-management of foreign reserves all points to a country coming onto the global financial platform...the increase in foreign reserves is a good thing, a really really really good thing...
11-25-2021 Intel Guru Frank26 Question: "Once this change takes place...have your friends indicated what the time frame on calling in the three zero notes may be? Are we going to have 30 days? 90 days? Maybe a year?" We don't know. We know that by standard it's usually at least up to a year to coexist. I don't think that is an issue because if it was our friends would have been told already and they haven't...it would be very bad because you think you're the only one that has dinars? Hundreds of counties have dinars in their reserves right now. And what you're going to screw them all over? Iraq is about to become the Mecca of financial currency in the Middle East...they will coexist...
11-25-2021 Intel Guru MarkZ [via PDK] [With Iraq having VND as one of their main currency for reserves wouldn`t VND go with Dinar?] Dinar and dong will go at the same time is what I have been told. A few weeks ago my contractors in Iraq saw the rate of $4.71…..then we were told it would be $4.81. Now they expect the new rate will be out this month…by the 30th...
11-25-2021 Newshound/Intel Guru Mnt Goat Article: "BAGHDAD SENDS MORE THAN TWO BILLION DINARS IN FINANCIAL DUES TO THE KURDISTAN REGION" So, the CBI sent payments to the Kurdistan region. Remember what I said that if they do this they will have to make these so-called loaded ATMs available to use. How can they use them if they are all filled with the lower of the lower denominations... So there is now a showdown coming. ...are they really going to distribute the lower denominations? We will see.
11-25-2021 Newshound Guru Pimpy Article: "Iraq Announces its Imminent Accession To The World Trade Organization" We've been waiting for this. This is big. Once they are in there they really start becoming big players on the international scene...being in the World Trade Organization does nothing but help the economy as well as strengthen the dinar...
11-25-2021 Intel Guru Holly We move ever closer to our goal each day...Everything’s ready to go just waiting for the final release code.
11-24-2021 Intel Guru MarkZ [via PDK] We have a lot of whales moving today guys…I am really surprised at the number that reached out to me today with notices things are moving today. I got a lot of messages from people who are well connected, whales ect. In 4a and are to be in place for tonight and tomorrow morning and Friday. This to me is pretty exciting. If banks and paymasters are contacting these whales who are high net worth individuals…and they are willing to move at this late hour on the eve of Thanksgiving….this to me is fantastic news. It tells me that they are taking this seriously….so I am taking it seriously.
11-24-2021 Intel Guru RayRen98 Bank Source G - Staff is on "standby" mode for this weekend. No vacations or out-of-town trips will be allowed after Thanksgiving. They are expecting an announcement of some sort. [Hmmmmmmm?] Bank Source A, B, C, D and F- No change in data yet. Bank Source E - Sunday's appointment eventually moved to today.....waiting to hear more.
11-24-2021 Newshound/Intel Guru Mnt Goat Remember to keep Iraq also in your prayers. We are so close to getting this GIFT but remember this gift is first for the people of Iraq. Then we as steadfast investors deserve to share in the wealth.
11-24-2021 Newshound/Intel Gurus Walkingstick and Frank26 The education of the new small category notes and the new rate is right now. IOO when that education ends the exchange rate will come right after it. We believe that right now this education is telling the Iraqi citizens what they are about to receive...
11-24-2021 Newshound Guru Pimpy There are all kinds of rumors going around that the Iraqi dinar has revalued...I was getting messages galore. People asking me, 'Hey Pimpy the rumor is the IQD was reinstated last night?' ...Nope...the Iraqi dinar did not revalue...come on people if it would have really happened it would have really spread like wildfire... [NOTE: You can always see the CBI's official dinar rate in the left column of this page.]
11-24-2021 Intel Guru MarkZ [via PDK] With my folks today…nobody is leaving…they are still in place with big anticipation for this week. These are big players. These are whales that are choosing to skip Thanksgiving celebrations here domestically...The chatter out of Iraq is they will soon have a new value of close to $5 BY THE 30th...so they have a deadline they have to meet before November is done…So we are in a 6 day window that looks stellar. IMO it could be at any moment.
11-24-2021 Intel Guru Frank26 Question: "Where can I get the 800 number when this happens?" No. That's just some gimmick...there is no 800 number. Can you imagine one bank in all the 50 states going to exchange everybody. No...the 800 number will probably be the U.S treasury. They can tell you where to go. Not every bank in the Untied States of America is going to exchange foreign currency. Not every bank is capable and set up to do something like that. [NOTE: Here at Dinar Guru we have over 100,000 members scattered all over. This means we'll have real world exchange experiences to share with you. Stay tuned.]
11-24-2021 Intel Guru Fleming The IMF, under Agreement with Iraq, has issued a demand that Iraq revalue their currency, (drop the 3 zeros) by November 30, 2021. By December 1, Iraq will have a new value close to $5.00. The Government of Iraq is announcing this imminent shift in currency on the jumbotrons, huge video monitors, showing in every town square and city center in Iraq. The reason for the long delay, as discussed, was the great need to educate the public, on banking and the use of digital money – vs cash. Especially important is the chronic use of black market foreign money. Tremendous change is coming fast...Iraq is the lynch pin, leverage for the Golden Dinar, raising the economic profile of the Middle East at large.
11-24-2021 Intel Guru MarkZ [via PDK] This may be a great week. We have to watch it all play out. There are a lot of things in motion right now. We are getting fantastic chatter from many different sources. Most are saying anything from this afternoon to Thursday morning for timing. But they are all saying this is our window.
11-24-2021 Newshound/Intel Guru Mnt Goat Article: "FOREIGN MINISTER: THE MOVEMENT TO FORM THE NEW GOVERNMENT WILL START WITHIN A FEW DAYS" I firmly believe this is the SECURITY and STABILITY they need now to move ahead with the currency reform. Folks...we are almost there…. Get that bottle of Champaign in the frig… The good news just continues and continues…it could not get any better.
11-24-2021 Intel Guru RayRen98 Bank Source G - Staff is on "standby" mode for this weekend. No vacations or out-of-town trips will be allowed after Thanksgiving. They are expecting an announcement of some sort. [Hmmmmmmm?] Bank Source A, B, C, D and F- No change in data yet. Bank Source E - Sunday's appointment eventually moved to today.....waiting to hear more.
11-24-2021 Newshound/Intel Guru Mnt Goat Remember to keep Iraq also in your prayers. We are so close to getting this GIFT but remember this gift is first for the people of Iraq. Then we as steadfast investors deserve to share in the wealth.
11-24-2021 Newshound/Intel Gurus Walkingstick and Frank26 The education of the new small category notes and the new rate is right now. IOO when that education ends the exchange rate will come right after it. We believe that right now this education is telling the Iraqi citizens what they are about to receive...
11-24-2021 Newshound Guru Pimpy There are all kinds of rumors going around that the Iraqi dinar has revalued...I was getting messages galore. People asking me, 'Hey Pimpy the rumor is the IQD was reinstated last night?' ...Nope...the Iraqi dinar did not revalue...come on people if it would have really happened it would have really spread like wildfire... [NOTE: You can always see the CBI's official dinar rate in the left column of this page.]
11-24-2021 Intel Guru MarkZ [via PDK] With my folks today…nobody is leaving…they are still in place with big anticipation for this week. These are big players. These are whales that are choosing to skip Thanksgiving celebrations here domestically...The chatter out of Iraq is they will soon have a new value of close to $5 BY THE 30th...so they have a deadline they have to meet before November is done…So we are in a 6 day window that looks stellar. IMO it could be at any moment.
11-24-2021 Intel Guru Frank26 Question: "Where can I get the 800 number when this happens?" No. That's just some gimmick...there is no 800 number. Can you imagine one bank in all the 50 states going to exchange everybody. No...the 800 number will probably be the U.S treasury. They can tell you where to go. Not every bank in the Untied States of America is going to exchange foreign currency. Not every bank is capable and set up to do something like that. [NOTE: Here at Dinar Guru we have over 100,000 members scattered all over. This means we'll have real world exchange experiences to share with you. Stay tuned.]
11-24-2021 Intel Guru Fleming The IMF, under Agreement with Iraq, has issued a demand that Iraq revalue their currency, (drop the 3 zeros) by November 30, 2021. By December 1, Iraq will have a new value close to $5.00. The Government of Iraq is announcing this imminent shift in currency on the jumbotrons, huge video monitors, showing in every town square and city center in Iraq. The reason for the long delay, as discussed, was the great need to educate the public, on banking and the use of digital money – vs cash. Especially important is the chronic use of black market foreign money. Tremendous change is coming fast...Iraq is the lynch pin, leverage for the Golden Dinar, raising the economic profile of the Middle East at large.
11-24-2021 Intel Guru MarkZ [via PDK] This may be a great week. We have to watch it all play out. There are a lot of things in motion right now. We are getting fantastic chatter from many different sources. Most are saying anything from this afternoon to Thursday morning for timing. But they are all saying this is our window.
11-24-2021 Newshound/Intel Guru Mnt Goat Article: "FOREIGN MINISTER: THE MOVEMENT TO FORM THE NEW GOVERNMENT WILL START WITHIN A FEW DAYS" I firmly believe this is the SECURITY and STABILITY they need now to move ahead with the currency reform. Folks...we are almost there…. Get that bottle of Champaign in the frig… The good news just continues and continues…it could not get any better.
11-23-2021 Intel Guru MarkZ There are ongoing meetings in Reno. No one has received dollars yet. More and more people are arriving. They are still asking people not to leave. A lot of people wanted to pull up and go home for Thanksgiving….but they are firmly insisting that people stay in place. I think that is great news...out of Iraq they have great expectations for Wednesday or Thursday. We appear to be in the midst of this thing. No part of me believes we will still be here waiting in January. My redemption center folks still do not know if they are working on Thanksgiving or not. At this point they will be on call and asked not to be more than 50 miles away from the redemption center. It is awfully exciting. We are sitting at the edge of our seats.
11-23-2021 Newshound Guru Sandy Ingram For this example...we are going to say...you have over 1 million Iraqi dinars...We're going to say that Iraqi dinar floats to or equals 1 dinar to 1 US dollar...when you do the math you find out quickly that your total tax would be right around $335,423. Do I need to repeat that? $335,423. That is how much you will owe the IRS. I know some of you don't believe in the IRS. Others say it's not a real government agency. And some of you up until now have never cared but let me tell you if you want your profits...you're going to need to claim the financial gain... [Post 2 of 2] [NOTE: Other gurus feel your tax will be based on Ordinary Income not capital gains. Consult your tax professional at the appropriate time so you pay what the IRS expects you to pay.]
11-23-2021 Newshound Guru Sandy Ingram The information you want to keep track of now so that when your tax professional asks you for this information it will enable he or her to complete your taxes accurately and with ease...more than likely you will file your IQD capital gains...They want to know the sales price or the cost that you paid for the Iraqi dinars [and how many]...the date that you purchased the Iraqi dinars...the date that you sold the currency...that's what you must do right now. [Post 1 of 2....stay tuned]
11-23-2021 Newshound/Intel Guru Mnt Goat ...Remember we are getting very close to December and so if the CBI is going to reinstate the IQD on FOREX in early January we should expect some action now for the “Project to Delete the Zeros” and a strong education program to get underway to let the citizens know what to expect. We should also see pictures of the new lower of the lower notes. My source in the CBI is also now telling me that they are preparing an announcement and a long educational program to air soon in Iraq. WOW!!!
11-23-2021 Newshound Guru Pimpy There are rumors going around that the IQD or the Iraqi dinar is going to be revaluing tomorrow. That obviously is not true. There's no announcement whatsoever. When they go to make the announcement they're not going to tell people ahead of time. Just calm yourself people. Use common sense. If they were going to tell people in advance when they were going to revalue the currency and how much people would flood the markets trying to buy as many dinars as possible so they can get super rich. They're not going to announce it. They'll just do it.
11-23-2021 Intel Guru MarkZ [via PDK] RUMORS are that around 3 or 4 pm Reno time…is when they are going to start processing the whales. This means there is a POSSIBILITY we could get our 800 numbers today. This is a RUMOR ONLY at this point...im not quite seeing this yet because I am hearing Iraq continues with its education process to the citizens tomorrow on Iraqi TV - which is Wed Iraq time…So I was thinking it would be Thursday before we see anything. I would love to be wrong
11-23-2021 Intel Guru Frank26 [Firefly boots-on-the-ground Iraqi TV update] FIREFLY: We're seeing at the bottom of our TV...the ticker...the CBI governor is saying they will be explaining the new currency and the federal reserves and what the deleting of the zeros means and he is telling us this is good for Iraq's economy. He's says the financial committee along with the central bank of Iraq governor Mustafa and other financial leaders will all be interviewed. And they are going to give more details why the exchange rate needs to be changed...this will be given to us Wednesday. We will watch. We will listen for this. We will give you the report... FRANK: This is fantastic because this is literally the final countdown. You are down to just a handful of time...prepare yourself for this coming Wednesday to learn the power of the pros and cons...of what's about to come.
11-23-2021 Intel Guru Holly ...RV Update...The news is positive...I have heard things are progressing and we should receive news of the completion of things before this month is over as they move slow and cautiously...
11-23-2021 Intel Guru MarkZ [via PDK] Lots of stuff coming out of Iraq news about new digital systems as they move toward settling out, getting rid of derivatives, and platform trading. There is a whole lot going on in Iraq right now- news wise from the CBI site…but I cannot get a real person on the phone to talk…But there is a lot of news on the CBI site about cross-trading platforms, digital transformation of their money and a lot of these have hit today. Obviously they are setting up the digital I-dinar backed by assets. Iraq seems to be in a total shutdown. I cannot reach anyone there…just what I can glean off the “allowed” internet access.
11-23-2021 Newshound Guru butterfly [new guru] Article: "An Iraqi delegation visits Geneva to discuss accession to the World Trade Organization" Quote: "...Iraq is looking forward to ending the file of Iraq’s accession to the World Trade Organization soon, pointing out that “the accession process is complex and contains great and many conditions."
11-23-2021 Newshound Guru Sandy Ingram For this example...we are going to say...you have over 1 million Iraqi dinars...We're going to say that Iraqi dinar floats to or equals 1 dinar to 1 US dollar...when you do the math you find out quickly that your total tax would be right around $335,423. Do I need to repeat that? $335,423. That is how much you will owe the IRS. I know some of you don't believe in the IRS. Others say it's not a real government agency. And some of you up until now have never cared but let me tell you if you want your profits...you're going to need to claim the financial gain... [Post 2 of 2] [NOTE: Other gurus feel your tax will be based on Ordinary Income not capital gains. Consult your tax professional at the appropriate time so you pay what the IRS expects you to pay.]
11-23-2021 Newshound Guru Sandy Ingram The information you want to keep track of now so that when your tax professional asks you for this information it will enable he or her to complete your taxes accurately and with ease...more than likely you will file your IQD capital gains...They want to know the sales price or the cost that you paid for the Iraqi dinars [and how many]...the date that you purchased the Iraqi dinars...the date that you sold the currency...that's what you must do right now. [Post 1 of 2....stay tuned]
11-23-2021 Newshound/Intel Guru Mnt Goat ...Remember we are getting very close to December and so if the CBI is going to reinstate the IQD on FOREX in early January we should expect some action now for the “Project to Delete the Zeros” and a strong education program to get underway to let the citizens know what to expect. We should also see pictures of the new lower of the lower notes. My source in the CBI is also now telling me that they are preparing an announcement and a long educational program to air soon in Iraq. WOW!!!
11-23-2021 Newshound Guru Pimpy There are rumors going around that the IQD or the Iraqi dinar is going to be revaluing tomorrow. That obviously is not true. There's no announcement whatsoever. When they go to make the announcement they're not going to tell people ahead of time. Just calm yourself people. Use common sense. If they were going to tell people in advance when they were going to revalue the currency and how much people would flood the markets trying to buy as many dinars as possible so they can get super rich. They're not going to announce it. They'll just do it.
11-23-2021 Intel Guru MarkZ [via PDK] RUMORS are that around 3 or 4 pm Reno time…is when they are going to start processing the whales. This means there is a POSSIBILITY we could get our 800 numbers today. This is a RUMOR ONLY at this point...im not quite seeing this yet because I am hearing Iraq continues with its education process to the citizens tomorrow on Iraqi TV - which is Wed Iraq time…So I was thinking it would be Thursday before we see anything. I would love to be wrong
11-23-2021 Intel Guru Frank26 [Firefly boots-on-the-ground Iraqi TV update] FIREFLY: We're seeing at the bottom of our TV...the ticker...the CBI governor is saying they will be explaining the new currency and the federal reserves and what the deleting of the zeros means and he is telling us this is good for Iraq's economy. He's says the financial committee along with the central bank of Iraq governor Mustafa and other financial leaders will all be interviewed. And they are going to give more details why the exchange rate needs to be changed...this will be given to us Wednesday. We will watch. We will listen for this. We will give you the report... FRANK: This is fantastic because this is literally the final countdown. You are down to just a handful of time...prepare yourself for this coming Wednesday to learn the power of the pros and cons...of what's about to come.
11-23-2021 Intel Guru Holly ...RV Update...The news is positive...I have heard things are progressing and we should receive news of the completion of things before this month is over as they move slow and cautiously...
11-23-2021 Intel Guru MarkZ [via PDK] Lots of stuff coming out of Iraq news about new digital systems as they move toward settling out, getting rid of derivatives, and platform trading. There is a whole lot going on in Iraq right now- news wise from the CBI site…but I cannot get a real person on the phone to talk…But there is a lot of news on the CBI site about cross-trading platforms, digital transformation of their money and a lot of these have hit today. Obviously they are setting up the digital I-dinar backed by assets. Iraq seems to be in a total shutdown. I cannot reach anyone there…just what I can glean off the “allowed” internet access.
11-23-2021 Newshound Guru butterfly [new guru] Article: "An Iraqi delegation visits Geneva to discuss accession to the World Trade Organization" Quote: "...Iraq is looking forward to ending the file of Iraq’s accession to the World Trade Organization soon, pointing out that “the accession process is complex and contains great and many conditions."
11-22-2021 Intel Guru MarkZ [via PDK] There is some fantastic chatter coming out of Reno. They are expecting things imminently... [is Reno expecting to pay for currencies this week?] Yes. In Reno they are geared up and expecting to be paying folks this week.
11-22-2021 Newshound/Intel Guru Mnt Goat ...The “White Paper” reforms clearly states to take the Iraq dinar to international and trade it on a global trading platform like for instance FOREX...We know also in the White Paper there is plans to harvest the revenues to the GOI from the customs and tariffs. They told us already they are using the most modern software for collection of these taxes and fees. This software ties into global currency exchanges. The IQD must be on the exchange to use the software appropriately.
11-22-2021 Intel Guru MarkZ [via PDK] Redemption folks worked a partial weekend in preparation. They are expecting something this week. Many of them are canceling or rearranging their Thanksgiving plans at this point. These are very positive things.
11-22-2021 Intel Guru Wolverine RV update: ...Washington DC has indicated that the time frame is still anticipated on Tuesday, Nov. 23, 2021 GOD willing to finally receive our blessing. Let's keep praying that the release be done on that target date...
11-22-2021 Intel Guru Frank26 [Firefly boots-on-the-ground Iraqi TV update] FIREFLY: They are talking to us about the gradual increase in our rate. He says it will help monitor our currency so no one can do corruption on the dollar exchange rate. They're saying this will help monitor the exchange rate closely. FRANK: I understand what they are telling you but they're not explaining it correctly. When we came into Iraq back in 2003 it was something like 4500 to 1. Now what is it? 1190 [1450?] to 1. That is the gradual increase in your exchange rate. It is correct what they are saying to you, they're just not explaining it to you. The goal now is to take your exchange rate to 1000 to 1 and then 1 to 1 internationally with a float...this is exciting.
11-22-2021 Intel Guru MarkZ [via PDK] My Iraqi connections are blacked out…i go straight to voicemail. I tried to reach my Australian contact at his home office there…he is a contractor in Iraq and he and his staff are blacked out. Hopefully this is a good thing. Hopefully it means we have a value over there and they are trying to keep it under wraps. I am hitting a brick wall with every one of my Iraqi contacts over there. I will be trying all day to have some news for you all by tonight...I am looking for a very news filled afternoon...
11-22-2021 Intel Guru Holly RV Update...All news from all sources is we are in the perfect window for this to happen now.
11-22-2021 Intel Guru Frank26 Article: "A financial official determines the possibility of changing the dollar exchange rate in next year's budget" Quote: "The (former) Director of the Financial Supervision Bureau, Salah Nuri, has determined, on Tuesday, the possibility of restoring and considering the previous dollar exchange rate." THE GRADUAL INCREASE IN THE IQD EXCHANGE RATE HAS ALREADY OCCURRED AND THE CBI EDUCATION EXPLAINED IT TO THE CITIZENS...YOU ARE NOW GOING TO BE MOVED TO 1000-1 TO BRING IT BACK TO 1-1.
11-22-2021 Newshound/Intel Guru Mnt Goat ...The “White Paper” reforms clearly states to take the Iraq dinar to international and trade it on a global trading platform like for instance FOREX...We know also in the White Paper there is plans to harvest the revenues to the GOI from the customs and tariffs. They told us already they are using the most modern software for collection of these taxes and fees. This software ties into global currency exchanges. The IQD must be on the exchange to use the software appropriately.
11-22-2021 Intel Guru MarkZ [via PDK] Redemption folks worked a partial weekend in preparation. They are expecting something this week. Many of them are canceling or rearranging their Thanksgiving plans at this point. These are very positive things.
11-22-2021 Intel Guru Wolverine RV update: ...Washington DC has indicated that the time frame is still anticipated on Tuesday, Nov. 23, 2021 GOD willing to finally receive our blessing. Let's keep praying that the release be done on that target date...
11-22-2021 Intel Guru Frank26 [Firefly boots-on-the-ground Iraqi TV update] FIREFLY: They are talking to us about the gradual increase in our rate. He says it will help monitor our currency so no one can do corruption on the dollar exchange rate. They're saying this will help monitor the exchange rate closely. FRANK: I understand what they are telling you but they're not explaining it correctly. When we came into Iraq back in 2003 it was something like 4500 to 1. Now what is it? 1190 [1450?] to 1. That is the gradual increase in your exchange rate. It is correct what they are saying to you, they're just not explaining it to you. The goal now is to take your exchange rate to 1000 to 1 and then 1 to 1 internationally with a float...this is exciting.
11-22-2021 Intel Guru MarkZ [via PDK] My Iraqi connections are blacked out…i go straight to voicemail. I tried to reach my Australian contact at his home office there…he is a contractor in Iraq and he and his staff are blacked out. Hopefully this is a good thing. Hopefully it means we have a value over there and they are trying to keep it under wraps. I am hitting a brick wall with every one of my Iraqi contacts over there. I will be trying all day to have some news for you all by tonight...I am looking for a very news filled afternoon...
11-22-2021 Intel Guru Holly RV Update...All news from all sources is we are in the perfect window for this to happen now.
11-22-2021 Intel Guru Frank26 Article: "A financial official determines the possibility of changing the dollar exchange rate in next year's budget" Quote: "The (former) Director of the Financial Supervision Bureau, Salah Nuri, has determined, on Tuesday, the possibility of restoring and considering the previous dollar exchange rate." THE GRADUAL INCREASE IN THE IQD EXCHANGE RATE HAS ALREADY OCCURRED AND THE CBI EDUCATION EXPLAINED IT TO THE CITIZENS...YOU ARE NOW GOING TO BE MOVED TO 1000-1 TO BRING IT BACK TO 1-1.
11-21-2021 Intel Guru RayRen98 "Unconfirmed" excitement from the banking community very strongly suggests you'll experience a very wealthy Thanksgiving. More data is being requested/gathered...Be Ready...so you don't have to Get Ready!
11-21-2021 Newshound Guru Adam Montana ...AS ALWAYS, I'm still here with my finger on the pulse of "all that is Dinar", I'm in constant communication with my contacts, and I can't wait for this to be my last public update! As of now, we don't have any official RV news.
11-21-2021 Newshound/Intel Gurus Walkingstick and Frank26 What about the new rate? We don't know when the new rate will be released because these meeting have not stipulated a date of when the new small category notes will be put into circulation...IOO the date for them to give the Iraqi citizens the new small category notes and the new rate is a date in titanium. It exists. It is a definite date... Right now the education is with the new small category notes and the new exchange rate. The citizens of Iraq just have not received it in their hands to walk with it in their streets because the education is still going on. [Post 2 of 2]
11-21-2021 Newshound/Intel Gurus Walkingstick and Frank26 Our bank firm gentleman are constantly meeting with the CBI because they own banks and have to be updated. They just had some meetings in the last few days with the CBI and it is a possibility that a certain value and a certain note count of the 3 zero notes that the Iraqi citizens are using right now in the Iraqi banks are soon not to return into circulation inside of the country of Iraq...when they pull out the 3-zero notes from the Iraqi banks that's when these 3-zero notes will be replaced with the new small category notes. [Post 1 of 2...stay tuned]
11-21-2021 Intel Guru Holly ...The news from every direction is overwhelming, this is ready to bust open!...
11-21-2021 Newshound/Intel Guru RVAlready [Can someone please tell me if all denominations of dong will be accepted thanks] Dong is a publicly traded currency. So, I am pretty sure they have to take all denominations.
11-21-2021 Intel Guru Bruce [via WiserNow] I know we’re going to see a lot of rates change on any remaining sellers - some currencies will just be removed to keep from being sold – they will be gone – will not exist anymore – because the rates would be way too high to buy into them as you could imagine...
11-21-2021 Newshound Guru Adam Montana ...AS ALWAYS, I'm still here with my finger on the pulse of "all that is Dinar", I'm in constant communication with my contacts, and I can't wait for this to be my last public update! As of now, we don't have any official RV news.
11-21-2021 Newshound/Intel Gurus Walkingstick and Frank26 What about the new rate? We don't know when the new rate will be released because these meeting have not stipulated a date of when the new small category notes will be put into circulation...IOO the date for them to give the Iraqi citizens the new small category notes and the new rate is a date in titanium. It exists. It is a definite date... Right now the education is with the new small category notes and the new exchange rate. The citizens of Iraq just have not received it in their hands to walk with it in their streets because the education is still going on. [Post 2 of 2]
11-21-2021 Newshound/Intel Gurus Walkingstick and Frank26 Our bank firm gentleman are constantly meeting with the CBI because they own banks and have to be updated. They just had some meetings in the last few days with the CBI and it is a possibility that a certain value and a certain note count of the 3 zero notes that the Iraqi citizens are using right now in the Iraqi banks are soon not to return into circulation inside of the country of Iraq...when they pull out the 3-zero notes from the Iraqi banks that's when these 3-zero notes will be replaced with the new small category notes. [Post 1 of 2...stay tuned]
11-21-2021 Intel Guru Holly ...The news from every direction is overwhelming, this is ready to bust open!...
11-21-2021 Newshound/Intel Guru RVAlready [Can someone please tell me if all denominations of dong will be accepted thanks] Dong is a publicly traded currency. So, I am pretty sure they have to take all denominations.
11-21-2021 Intel Guru Bruce [via WiserNow] I know we’re going to see a lot of rates change on any remaining sellers - some currencies will just be removed to keep from being sold – they will be gone – will not exist anymore – because the rates would be way too high to buy into them as you could imagine...
11-20-2021 Intel Guru MarkZ [via PDK] We do have redemption center folks that are in and manning areas today. Whether they are training or waiting for us to call…I don’t know, but they are indeed in place today. At least my contacts on the east coast...Iraq is quiet this morning with great expectations for Sunday or Monday.
11-20-2021 Newshound Guru Pimpy Article: "World Bank: Iraq's Economic Growth is Gradually Recovering" That's good for us - for those of us who hold on to the dinar that's what you want to hear. You want to see recovery in the economy...strong economy means a strong dinar. Strong dinar means a better exchange rate.
11-20-2021 Intel Guru Bruce [via WiserNow] we heard out of Iraq that they have 2 sets of ATM machines – they have the older machines and they have brand new machines installed - The new machines have the new lower denominations notes – The IQN refers to the new Iraqi Dinar Notes ...so they have their new notes – their new currency in those ATM’s loaded but they have not been turned on yet...What we understand is the new currency in Iraq – new ATM’s will be turned on Monday morning Iraq time...It means that revalued dinar will have been made available to them with their new currency in Iraq starting Sunday – That means that their rate for their dinar in their country and their international rate should be out and useable internationally – we believe starting Sunday...
11-20-2021 Intel Guru Frank26 [Firefly boots-on-the-ground Iraqi TV update] FRANK CONT: In fact you guys are loosing money and the reason why is because they don't have enough change to pay you back, you don't have the currency for it. The new exchange rate is going to be calculated on a different denomination - these are lower notes.' We call them small category notes. Same thing. Wow! FIREFLY: Then Kazemi comes out and he is also saying to us there is a new exchange rate. And he says to us an exchange rate change would be for the Iraq citizens - for the people of Iraq - not for the government. FRANK: ...Mustafa will talk to you in two days. [Post 2 of 2]
11-20-2021 Intel Guru Frank26 [Firefly boots-on-the-ground Iraqi TV update] FIREFLY: Allawi - the guy you told us to pay attention to is talking about our exchange rate. He just told us on TV that our exchange rate should have been changed years ago. He said it needs to float...and then he described how a float is based on supply and demand verses a fixed rate that is backed by gold. He says we also need the lower notes out...he talked about how Iraq already had digitally fixed the lower note issue - just need the lower notes on streets. FRANK: The Finance Minister comes out and tells the Iraqi citizens, 'We need a new exchange rate. We need a new currency. [Post 1 of 2...stay tuned]
11-20-2021 Intel Guru MarkZ [via PDK] I am...being told from redemption contacts that they are indeed planning on working this weekend. If not working they will for sure be on call over the weekend as they prep…they also went through some updated training this week…i just found that out…So, pretty positive stuff coming from redemption center contacts. They were even told to expect to work over the Thanksgiving holiday. With possibly the only day off is Thanksgiving…and they will not even guarantee that one off. Buckle up. At this point I do not think it matters that there is a Thanksgiving holiday this week in the United States. Keep in mind that we are just one country in the world…not oven the biggest…This to me is great news...
11-20-2021 Intel Guru RayRen98 Dinar sales have stopped at all currency exchange locations at the United Arabic Emirates International Airport in the Middle East!
11-20-2021 Newshound Guru Pimpy Article: "World Bank: Iraq's Economic Growth is Gradually Recovering" That's good for us - for those of us who hold on to the dinar that's what you want to hear. You want to see recovery in the economy...strong economy means a strong dinar. Strong dinar means a better exchange rate.
11-20-2021 Intel Guru Bruce [via WiserNow] we heard out of Iraq that they have 2 sets of ATM machines – they have the older machines and they have brand new machines installed - The new machines have the new lower denominations notes – The IQN refers to the new Iraqi Dinar Notes ...so they have their new notes – their new currency in those ATM’s loaded but they have not been turned on yet...What we understand is the new currency in Iraq – new ATM’s will be turned on Monday morning Iraq time...It means that revalued dinar will have been made available to them with their new currency in Iraq starting Sunday – That means that their rate for their dinar in their country and their international rate should be out and useable internationally – we believe starting Sunday...
11-20-2021 Intel Guru Frank26 [Firefly boots-on-the-ground Iraqi TV update] FRANK CONT: In fact you guys are loosing money and the reason why is because they don't have enough change to pay you back, you don't have the currency for it. The new exchange rate is going to be calculated on a different denomination - these are lower notes.' We call them small category notes. Same thing. Wow! FIREFLY: Then Kazemi comes out and he is also saying to us there is a new exchange rate. And he says to us an exchange rate change would be for the Iraq citizens - for the people of Iraq - not for the government. FRANK: ...Mustafa will talk to you in two days. [Post 2 of 2]
11-20-2021 Intel Guru Frank26 [Firefly boots-on-the-ground Iraqi TV update] FIREFLY: Allawi - the guy you told us to pay attention to is talking about our exchange rate. He just told us on TV that our exchange rate should have been changed years ago. He said it needs to float...and then he described how a float is based on supply and demand verses a fixed rate that is backed by gold. He says we also need the lower notes out...he talked about how Iraq already had digitally fixed the lower note issue - just need the lower notes on streets. FRANK: The Finance Minister comes out and tells the Iraqi citizens, 'We need a new exchange rate. We need a new currency. [Post 1 of 2...stay tuned]
11-20-2021 Intel Guru MarkZ [via PDK] I am...being told from redemption contacts that they are indeed planning on working this weekend. If not working they will for sure be on call over the weekend as they prep…they also went through some updated training this week…i just found that out…So, pretty positive stuff coming from redemption center contacts. They were even told to expect to work over the Thanksgiving holiday. With possibly the only day off is Thanksgiving…and they will not even guarantee that one off. Buckle up. At this point I do not think it matters that there is a Thanksgiving holiday this week in the United States. Keep in mind that we are just one country in the world…not oven the biggest…This to me is great news...
11-20-2021 Intel Guru RayRen98 Dinar sales have stopped at all currency exchange locations at the United Arabic Emirates International Airport in the Middle East!
11-19-2021 Intel Guru MarkZ [via PDK] We are still hearing out of Iraq that they are expecting the lower denominations AND the change of value on either Sunday or Monday. I am praying this is accurate… So, we have phenomenal news from Iraq, We have Redemption Center folks going to work tomorrow…Today really has been fantastic on the news front... Things really are ramping up and I am pretty stinkin excited about where we are at right now...
11-19-2021 Intel Guru Bruce [via WiserNow] ...we’re getting now...some of the most definitive information we have had at all – over the last 10 years...we have very good information suggesting that the rates for the currencies that we know will be changing for some of the dealers that are left or the currency sellers will be getting notified or have been notified of a rate change for this weekend – which may take certain currencies out of the mix for them to continue to sell – because the pricing at the new rates would put that over the top and unaffordable to purchase – and that is very good and it looks like we’re getting confirmation of that timing for late Saturday into Sunday...
11-19-2021 Intel Guru Frank26 Article: "A financial official determines the possibility of changing the dollar exchange rate in next year's budget" THE GRADUAL INCREASE IN THE IQD EXCHANGE RATE HAS ALREADY OCCURRED AND THE CBI EDUCATION EXPLAINED IT TO THE CITIZENS...YOU ARE NOW GOING TO BE MOVED TO 1000 - 1 TO BRING IT BACK TO 1 - 1...
11-19-2021 Newshound Guru Pimpy Article: "The UN Security Council: We support the independence, sovereignty and territorial integrity of Iraq" This is big. One of the biggest steps towards Iraq being able to really truly revalue their currency is they have to be a sovereign nation. The reason why their currency was devalued was out of punishment so once they're recognized as a sovereign nation again they're...able to make their own decision without asking for permission...
11-19-2021 Intel Guru RayRen98 A bank source called, said they are moving their staff in place and looking forward to an exciting weekend!...
11-19-2021 Intel Guru MarkZ [via PDK] The chatter out of Iraq is phenomenal… I don’t think you will have to survive on nothing-burgers much longer. Most of the news is coming out of Iraq as they are awaiting the release of their lower denominations on Sunday or Monday… That is what I am being told. I am hoping and praying this is actually “it”. I have received a number of calls about this from Iraq.
11-19-2021 Newshound/Intel Gurus Walkingstick and Frank26 You're going to be loaded for bear every day from now on. The final countdown is very loud. The final countdown is in place. But more specifically and this is really powerful, monetary reform final countdown is in motion. Mustafa and Neil Armstrong both have something in common - Neil Armstrong took a step for all mankind. Mustafa and Kazemi are about to take a step for their mankind, the citizens of Iraq.
11-19-2021 Intel Guru Holly All the meetings went well yesterday and completed! We await the next phase which is liquidity! No news until later if completion was successful overnight!
11-19-2021 Intel Guru Frank26 Question: "When will the small notes be distributed?" When they distribute the dinar that's the day that it happens...I have no answer for you. I don't know when they will be distributed but I do know that they've already shown them the example of what they used to use back in the 40's and told them you're you're now going to use the same thing pretty soon so make sure you understand Iraqi citizens what we're doing...
11-19-2021 Intel Guru Bruce [via WiserNow] ...we’re getting now...some of the most definitive information we have had at all – over the last 10 years...we have very good information suggesting that the rates for the currencies that we know will be changing for some of the dealers that are left or the currency sellers will be getting notified or have been notified of a rate change for this weekend – which may take certain currencies out of the mix for them to continue to sell – because the pricing at the new rates would put that over the top and unaffordable to purchase – and that is very good and it looks like we’re getting confirmation of that timing for late Saturday into Sunday...
11-19-2021 Intel Guru Frank26 Article: "A financial official determines the possibility of changing the dollar exchange rate in next year's budget" THE GRADUAL INCREASE IN THE IQD EXCHANGE RATE HAS ALREADY OCCURRED AND THE CBI EDUCATION EXPLAINED IT TO THE CITIZENS...YOU ARE NOW GOING TO BE MOVED TO 1000 - 1 TO BRING IT BACK TO 1 - 1...
11-19-2021 Newshound Guru Pimpy Article: "The UN Security Council: We support the independence, sovereignty and territorial integrity of Iraq" This is big. One of the biggest steps towards Iraq being able to really truly revalue their currency is they have to be a sovereign nation. The reason why their currency was devalued was out of punishment so once they're recognized as a sovereign nation again they're...able to make their own decision without asking for permission...
11-19-2021 Intel Guru RayRen98 A bank source called, said they are moving their staff in place and looking forward to an exciting weekend!...
11-19-2021 Intel Guru MarkZ [via PDK] The chatter out of Iraq is phenomenal… I don’t think you will have to survive on nothing-burgers much longer. Most of the news is coming out of Iraq as they are awaiting the release of their lower denominations on Sunday or Monday… That is what I am being told. I am hoping and praying this is actually “it”. I have received a number of calls about this from Iraq.
11-19-2021 Newshound/Intel Gurus Walkingstick and Frank26 You're going to be loaded for bear every day from now on. The final countdown is very loud. The final countdown is in place. But more specifically and this is really powerful, monetary reform final countdown is in motion. Mustafa and Neil Armstrong both have something in common - Neil Armstrong took a step for all mankind. Mustafa and Kazemi are about to take a step for their mankind, the citizens of Iraq.
11-19-2021 Intel Guru Holly All the meetings went well yesterday and completed! We await the next phase which is liquidity! No news until later if completion was successful overnight!
11-19-2021 Intel Guru Frank26 Question: "When will the small notes be distributed?" When they distribute the dinar that's the day that it happens...I have no answer for you. I don't know when they will be distributed but I do know that they've already shown them the example of what they used to use back in the 40's and told them you're you're now going to use the same thing pretty soon so make sure you understand Iraqi citizens what we're doing...
11-18-2021 Intel Guru Holly ...I did hear meetings were still on going, are going well and should be done today. Progress is being made and we will get there sooner than later!...
11-18-2021 Intel Guru MarkZ [via PDK] In Iraq, I am being told they are planning to introduce the lower denominations on Sunday or Monday. Not just in some places but all over the country. This is big new IMO…it has been a solid news day with the word out of Iraq...So to me the news today was a huge win. It does not have us in the banks yet, but gives us hope that we will be there in a very short period. Also being told that they are pushing hard to have everything released before Thanksgiving. Don’t know if that means we will be in the banks or just making our appointments …but it’s very encouraging.
11-18-2021 Intel Guru Frank26 The execution of a strategy...we are in the final countdown and to see the international world reacting to Iraq the way they're doing right now - why didn't they do it last year? Why didn't they do it 10 years ago? 20 years ago? Because the conditions were not for what is happening now. There's security and stability. There's actually a government that is being run by good leaders - Kazemi - and the central bank has been cleaned up...
11-18-2021 Newshound/Intel Guru Mnt Goat ...In 2012 the CBI planned for a January reinstatement preceded by the project to delete the zeros. This is FACT and is backed up by Dr Shabibi’s own words when he addresses a news conference in 2015 saying that Iraq has an unpresented opportunity reinstate the Iraq dinar in early 2013 having all permission do so. If it were not for the raid on the CBI by Nori al-Maliki and the ousting of Dr Shabibi as the chairman, I would not be writing this...today...
11-18-2021 Newshound Guru Pimpy Again more Iraq dinar exchange rate talk. We know where they're going with this... Article: "A financial official determines the possibility of changing the dollar exchange rate in next year's budget" ...there is a lot of talk about the exchange rate - back-fourth-back-fourth... My thought is that they're gonna at the very least put it back to the rate it just changed from...right now you get 1450 dinar for every one dollar. They're talking about going back to the old exchange rate which is you get 1190 dinar for every dollar...you want that number to continue to shrink. At least we're taking a step in the right direction...I'll take it in increments as long as it's consistent...
11-18-2021 Intel Guru MarkZ [via PDK] I guess there are a lot of folks out there calling for it between the 21st and 23rd… Not hearing anything new from Iraq or the middle east yet …but overall the news is pretty solid that they are moving forward and not going backwards…hopefully it will start picking up steam.
11-18-2021 Intel Guru Holly I had news last night that things should be flowing today. It is too early to get confirmation, so keep the positive thoughts going...
11-18-2021 Newshound/Intel Guru Mnt Goat ...the real target we can put our arms around is still the early January 2022 timeframe. This is the only date, if we wanted to speculate, that makes any sense...The CBI has told us over and over again that the BEST time to change the currency rate is at the beginning of the FISCAL year. Jan 1st begins their new fiscal year. I am not now talking about changing the program rate but doing the reinstatement which is much, much bigger and much different...
11-18-2021 Newshound Guru Walkingstick [via Frank26] You don't see them denying it anymore. That's been cleared up. You don't see them talking about 1 to 1 rate - that's been introduced. You don't see them talking about floating and going international - that's been explained...The CBI governor and prime minister of Iraq both are talking alike. There is no more confusion. We are so close to the end. Both of these gentlemen are echoing each other's words in front of the citizens on the topic of both of their reforms. Every day this is being sent out to the citizens of Iraq...IMO all this education should be exposed/done before January the 1st 2022.
11-18-2021 Intel Guru MarkZ [via PDK] I am hearing that they are pushing to get it out the door as quickly as possible...The Reno meetings were great. ...It was very productive...Nobody knows the exact timing but I am thinking …based on chatter…that we should at least be making appointments before Thanksgiving...
11-18-2021 Intel Guru MarkZ [via PDK] In Iraq, I am being told they are planning to introduce the lower denominations on Sunday or Monday. Not just in some places but all over the country. This is big new IMO…it has been a solid news day with the word out of Iraq...So to me the news today was a huge win. It does not have us in the banks yet, but gives us hope that we will be there in a very short period. Also being told that they are pushing hard to have everything released before Thanksgiving. Don’t know if that means we will be in the banks or just making our appointments …but it’s very encouraging.
11-18-2021 Intel Guru Frank26 The execution of a strategy...we are in the final countdown and to see the international world reacting to Iraq the way they're doing right now - why didn't they do it last year? Why didn't they do it 10 years ago? 20 years ago? Because the conditions were not for what is happening now. There's security and stability. There's actually a government that is being run by good leaders - Kazemi - and the central bank has been cleaned up...
11-18-2021 Newshound/Intel Guru Mnt Goat ...In 2012 the CBI planned for a January reinstatement preceded by the project to delete the zeros. This is FACT and is backed up by Dr Shabibi’s own words when he addresses a news conference in 2015 saying that Iraq has an unpresented opportunity reinstate the Iraq dinar in early 2013 having all permission do so. If it were not for the raid on the CBI by Nori al-Maliki and the ousting of Dr Shabibi as the chairman, I would not be writing this...today...
11-18-2021 Newshound Guru Pimpy Again more Iraq dinar exchange rate talk. We know where they're going with this... Article: "A financial official determines the possibility of changing the dollar exchange rate in next year's budget" ...there is a lot of talk about the exchange rate - back-fourth-back-fourth... My thought is that they're gonna at the very least put it back to the rate it just changed from...right now you get 1450 dinar for every one dollar. They're talking about going back to the old exchange rate which is you get 1190 dinar for every dollar...you want that number to continue to shrink. At least we're taking a step in the right direction...I'll take it in increments as long as it's consistent...
11-18-2021 Intel Guru MarkZ [via PDK] I guess there are a lot of folks out there calling for it between the 21st and 23rd… Not hearing anything new from Iraq or the middle east yet …but overall the news is pretty solid that they are moving forward and not going backwards…hopefully it will start picking up steam.
11-18-2021 Intel Guru Holly I had news last night that things should be flowing today. It is too early to get confirmation, so keep the positive thoughts going...
11-18-2021 Newshound/Intel Guru Mnt Goat ...the real target we can put our arms around is still the early January 2022 timeframe. This is the only date, if we wanted to speculate, that makes any sense...The CBI has told us over and over again that the BEST time to change the currency rate is at the beginning of the FISCAL year. Jan 1st begins their new fiscal year. I am not now talking about changing the program rate but doing the reinstatement which is much, much bigger and much different...
11-18-2021 Newshound Guru Walkingstick [via Frank26] You don't see them denying it anymore. That's been cleared up. You don't see them talking about 1 to 1 rate - that's been introduced. You don't see them talking about floating and going international - that's been explained...The CBI governor and prime minister of Iraq both are talking alike. There is no more confusion. We are so close to the end. Both of these gentlemen are echoing each other's words in front of the citizens on the topic of both of their reforms. Every day this is being sent out to the citizens of Iraq...IMO all this education should be exposed/done before January the 1st 2022.
11-18-2021 Intel Guru MarkZ [via PDK] I am hearing that they are pushing to get it out the door as quickly as possible...The Reno meetings were great. ...It was very productive...Nobody knows the exact timing but I am thinking …based on chatter…that we should at least be making appointments before Thanksgiving...
11-17-2021 Newshound Guru Pimpy Article: "Demands to revaluate the dinar, the government responds" They accomplished what they wanted there's no doubt about it. Quote "...the economist said...the exchange rate of the dollar should be gradually reduced to thirteen hundred dinars while keeping an eye on the cash transactions..." ...I think in the beginning it's going to be small increments because they want to see how it affects the economy. So the increase went from 1190 dinars for every dollar to 1450 which isn't good. We don't want the number to get bigger we want it to get smaller. They're talking about meeting halfway to 1300 dinars. That might be more realistic. It might happen but I think this is what you're gonna see. Increments. Gradual increase. But a lot quicker than people think...
11-17-2021 Newshound/Intel Guru Mnt Goat I firmly believe Al-Kazemi is going to be the next prime minister...the Sadar coalition won the majority during the election last October and the party is strongly considering al-Kazemi as their candidate and they told us so...I believe they will not revalue the currency until this is “officially” announced and al-Kazemi is seated...the reinstatement of the currency needs a stable government and getting the newly elected prime minister in place is part of a stable government.
11-17-2021 Intel Guru Bruce [via WiserNow] the big news ...is that Reno is a major hub of activity right now...there was a big Pow Wow – get together meeting between heads of state - and financial leaders from many, many countries – also our Treasury Secretary Steven Mnuchin was there – representative from... Iraq...and many other countries...we believe they are setting up the schedule...for the remainder of the groups that are to go – and we of course in tier 4B at least one banker is suggesting a 90 – 95 % chance of us receiving our notifications either [Wednesday] or Thursday...this thing is constantly moving - but the indication is very good – we know that things are rolling in Iraq – we know that they’ve got plenty of assets backing their gold and dinar (golden dinar – which is the term used for it)...We hope it’s this week...things are looking very good...
11-17-2021 Newshound/Intel Guru Walkingstick [via Frank26] The flow of information that's coming out to the citizens is coming out at a much more rapid pace...it is detailed with so much information about their monetary reform and about the exchange rate and about the new currency...it is being done every day...they are revealing more to the citizens every day on an hourly basis and then they loop it and they repeat it...You can't just drop the monetary reform in the lap of the Iraqi citizens without guidance, without education...
11-17-2021 Intel Guru MarkZ [via PDK] Lots of folks are still in place. There were big meetings yesterday...They don’t know when they will start at this point...Other than that it has been very quiet… I know that everyone is tired of hearing this and I am tired of telling it...Just remember it’s a “when” not an “if” and we have so much good stuff coming.
11-17-2021 Newshound/Intel Guru Petra They have done everything they need to do to bring the new rate and the new white papers in in glowing fashion. They're ready to do that now. It's apparent...they're lining up on their digital platforms...'glory days' of the currency - that's what's going on but also the country want to redevelop itself and rebuild itself to the glory days of what it once was. So it's not only the currency...
11-17-2021 Intel Guru Frank26 [Firefly boots-on-the-ground Iraqi TV update] FIREFLY: Kazami advisor on news saying Iraq's final payment to Kuwait at $600 million and that will complete Iraq's compensation and lead Iraq back to the international community. This will be paid in full early 2022 thus releasing Iraq from the official article 7 making acceptance for Iraq.
11-17-2021 Intel Guru MarkZ [via PDK] [Banks are closed next Thursday and Friday so wonder if there might be a push to go before that.]
I am still looking for it to happen before but it is a important one to consider because many people have given us the 21st to 24th date…
11-17-2021 Newshound Guru Militiaman A lot of things are pointing toward a digital transformation is coming and from what we're hearing the citizens have been educated. We get wind from boots-on-the-ground that in fact that's the case - that there is shortages of currency...citizens are getting larger amounts of larger notes as apposed to the smaller ones...that is very telling situation at this stage of the game...we've heard today that the news about them talking about going back to the 'glory days' is being broadcasted on TV and has been and we get that from a very credible source...
11-17-2021 Newshound/Intel Guru Mnt Goat I firmly believe Al-Kazemi is going to be the next prime minister...the Sadar coalition won the majority during the election last October and the party is strongly considering al-Kazemi as their candidate and they told us so...I believe they will not revalue the currency until this is “officially” announced and al-Kazemi is seated...the reinstatement of the currency needs a stable government and getting the newly elected prime minister in place is part of a stable government.
11-17-2021 Intel Guru Bruce [via WiserNow] the big news ...is that Reno is a major hub of activity right now...there was a big Pow Wow – get together meeting between heads of state - and financial leaders from many, many countries – also our Treasury Secretary Steven Mnuchin was there – representative from... Iraq...and many other countries...we believe they are setting up the schedule...for the remainder of the groups that are to go – and we of course in tier 4B at least one banker is suggesting a 90 – 95 % chance of us receiving our notifications either [Wednesday] or Thursday...this thing is constantly moving - but the indication is very good – we know that things are rolling in Iraq – we know that they’ve got plenty of assets backing their gold and dinar (golden dinar – which is the term used for it)...We hope it’s this week...things are looking very good...
11-17-2021 Newshound/Intel Guru Walkingstick [via Frank26] The flow of information that's coming out to the citizens is coming out at a much more rapid pace...it is detailed with so much information about their monetary reform and about the exchange rate and about the new currency...it is being done every day...they are revealing more to the citizens every day on an hourly basis and then they loop it and they repeat it...You can't just drop the monetary reform in the lap of the Iraqi citizens without guidance, without education...
11-17-2021 Intel Guru MarkZ [via PDK] Lots of folks are still in place. There were big meetings yesterday...They don’t know when they will start at this point...Other than that it has been very quiet… I know that everyone is tired of hearing this and I am tired of telling it...Just remember it’s a “when” not an “if” and we have so much good stuff coming.
11-17-2021 Newshound/Intel Guru Petra They have done everything they need to do to bring the new rate and the new white papers in in glowing fashion. They're ready to do that now. It's apparent...they're lining up on their digital platforms...'glory days' of the currency - that's what's going on but also the country want to redevelop itself and rebuild itself to the glory days of what it once was. So it's not only the currency...
11-17-2021 Intel Guru Frank26 [Firefly boots-on-the-ground Iraqi TV update] FIREFLY: Kazami advisor on news saying Iraq's final payment to Kuwait at $600 million and that will complete Iraq's compensation and lead Iraq back to the international community. This will be paid in full early 2022 thus releasing Iraq from the official article 7 making acceptance for Iraq.
11-17-2021 Intel Guru MarkZ [via PDK] [Banks are closed next Thursday and Friday so wonder if there might be a push to go before that.]
I am still looking for it to happen before but it is a important one to consider because many people have given us the 21st to 24th date…
11-17-2021 Newshound Guru Militiaman A lot of things are pointing toward a digital transformation is coming and from what we're hearing the citizens have been educated. We get wind from boots-on-the-ground that in fact that's the case - that there is shortages of currency...citizens are getting larger amounts of larger notes as apposed to the smaller ones...that is very telling situation at this stage of the game...we've heard today that the news about them talking about going back to the 'glory days' is being broadcasted on TV and has been and we get that from a very credible source...
11-16-2021 Intel Guru MarkZ [via PDK] Lots of meetings today and some of them are still going on. …There are a tremendous number of group leaders now in place and prepared for currency exchange guys. They definitely look like they are waiting for some type of action …but, we have not seen any movement yet. ...they are all in place and having continuous meetings on how to structure things, who goes first, …all these things. I think this is big news…Buckle up as this could be a rough ride as we finish.
11-16-2021 Newshound Guru Pimpy The rate change is still being talked about... Article: "The Iraqi government justifies the reason for adopting a new exchange rate for the dollar" ...going through explaining why it is they devalued the Iraqi dinar...we all know and I said this that whenever they devalue the dollar it always affects the poor because it goes less purchasing power and that's the thing they keep focusing on here...
11-16-2021 Intel Guru Frank26 FIREFLY: Minister of finance on TV saying Iraq going to change the exchange rate of the dollar for production and support economy. FRANK26: Kazezi comes out and says, 'Hey we got to change the rate.' Why? 'For the budget...We got to do the economic reforms and we got to change the budget and then all of a sudden the minister of Finance are also being sent from Kazemi's office and he's saying on television Iraq is going to change the exchange rate...this is amazing. This is what we wanted to hear and see. [Post 2 of 2]
11-16-2021 Intel Guru Frank26 [Firefly boots-on-the-ground Iraqi TV update] FIREFLY: Iraqi government on news saying it justifies changing the exchange rate of the dollar to help support the new budget which should be approved early 2022. FRANK26: Kazemi you're going to open it January the 1st? 'uh-huh.' And you just told the Iraqi citizens you need to raise the value of the exchange rate in order for the budget to work? 'Uh-huh.' Are you going to raise the rate before January 1st? 'Uh-huh.' This is so beautiful when a plan comes together don't you love it? [Post 1 of 2....stay tuned]
11-16-2021 Intel Guru MarkZ [via PDK] [What will the dinar to dollar rate be after the QFS is activated?] Right now what we are seeing on screens and from contacts in-country is $4.81. The contractors have not been paid yet in Iraq.
11-16-2021 Intel Guru Holly ...On our blessing news, I had some great calls last night and things are moving. We should see movement at our level soon. Massive clean up behind the scenes...It’s always been about safety and security! We have finally achieved that!...From my calls last night we have turned the tide and we should see things this month depending on how things unfold this week! Progress has been made! Keep the prayers coming!
11-16-2021 Newshound/Intel Guru Petra The largest banking and financial summit in the world is happening in Dubai staring the 17th [to the 20th] which is this Wednesday...A lot of things are happening that are not coincidence. They're all coming to a convergence but even more of a convergence than we thought before...they've let it [the rate change] go this long. I don't know the reason but it seems to indicate that they want to make sure everything was all lined up and batted down correctly...it's exciting to see and that's why we think our time is getting down to a minimum here...
11-16-2021 Intel Guru MarkZ [via PDK] Overnight more people in place. Today big meetings for logistics of exchanging groups that have currency ...here in the US we have meetings in two different cites of bankers and groups that aggregate currency this afternoon...That they are getting in place tells us that the banks are telling them they expect it to happen very soon.
11-16-2021 Intel Guru Frank26 25 page PDF file from the CBI that was given to the citizens of Iraq. It is a step-by-step-by-step of what they're doing with the monetary reform. It was given to them at a University somewhere around Basra. It was what was presented to them on their television but not to you - the explanation of why they're raising it [the dinar].
11-16-2021 Newshound/Intel Guru Mnt Goat We do not go to the bank until it is international...Once reinstated on FOREX we go to the bank and not until...They also are going to switch over to the Quantum Financial System (QFS) as the same time. The QFS already now contains the new set of rates to adjust them according the Basel 4 asset backed. The rate of the dinar was showing at $4.81 this week. WOW! [post 2 of 2]
11-16-2021 Newshound/Intel Guru Mnt Goat ...in December 2020 the CBI did a major devaluation of almost 22%. So, when most of the news from Iraq is now talking about a “revaluation” they are only talking about bringing it back to the pre-December 2020 rate from the 1450 rate but still within the program rate. This has nothing to do with the project to delete the zeros or reinstatement which we know points the way for we want. ...We want a reinstatement to get off the program rate and for the IMF to announce the new SDR basket that includes five currencies of the major developed countries including Iraq as part of it. This is when the dinar goes international. [post 1 of 2....stay tuned]
11-16-2021 Newshound Guru Pimpy The rate change is still being talked about... Article: "The Iraqi government justifies the reason for adopting a new exchange rate for the dollar" ...going through explaining why it is they devalued the Iraqi dinar...we all know and I said this that whenever they devalue the dollar it always affects the poor because it goes less purchasing power and that's the thing they keep focusing on here...
11-16-2021 Intel Guru Frank26 FIREFLY: Minister of finance on TV saying Iraq going to change the exchange rate of the dollar for production and support economy. FRANK26: Kazezi comes out and says, 'Hey we got to change the rate.' Why? 'For the budget...We got to do the economic reforms and we got to change the budget and then all of a sudden the minister of Finance are also being sent from Kazemi's office and he's saying on television Iraq is going to change the exchange rate...this is amazing. This is what we wanted to hear and see. [Post 2 of 2]
11-16-2021 Intel Guru Frank26 [Firefly boots-on-the-ground Iraqi TV update] FIREFLY: Iraqi government on news saying it justifies changing the exchange rate of the dollar to help support the new budget which should be approved early 2022. FRANK26: Kazemi you're going to open it January the 1st? 'uh-huh.' And you just told the Iraqi citizens you need to raise the value of the exchange rate in order for the budget to work? 'Uh-huh.' Are you going to raise the rate before January 1st? 'Uh-huh.' This is so beautiful when a plan comes together don't you love it? [Post 1 of 2....stay tuned]
11-16-2021 Intel Guru MarkZ [via PDK] [What will the dinar to dollar rate be after the QFS is activated?] Right now what we are seeing on screens and from contacts in-country is $4.81. The contractors have not been paid yet in Iraq.
11-16-2021 Intel Guru Holly ...On our blessing news, I had some great calls last night and things are moving. We should see movement at our level soon. Massive clean up behind the scenes...It’s always been about safety and security! We have finally achieved that!...From my calls last night we have turned the tide and we should see things this month depending on how things unfold this week! Progress has been made! Keep the prayers coming!
11-16-2021 Newshound/Intel Guru Petra The largest banking and financial summit in the world is happening in Dubai staring the 17th [to the 20th] which is this Wednesday...A lot of things are happening that are not coincidence. They're all coming to a convergence but even more of a convergence than we thought before...they've let it [the rate change] go this long. I don't know the reason but it seems to indicate that they want to make sure everything was all lined up and batted down correctly...it's exciting to see and that's why we think our time is getting down to a minimum here...
11-16-2021 Intel Guru MarkZ [via PDK] Overnight more people in place. Today big meetings for logistics of exchanging groups that have currency ...here in the US we have meetings in two different cites of bankers and groups that aggregate currency this afternoon...That they are getting in place tells us that the banks are telling them they expect it to happen very soon.
11-16-2021 Intel Guru Frank26 25 page PDF file from the CBI that was given to the citizens of Iraq. It is a step-by-step-by-step of what they're doing with the monetary reform. It was given to them at a University somewhere around Basra. It was what was presented to them on their television but not to you - the explanation of why they're raising it [the dinar].
11-16-2021 Newshound/Intel Guru Mnt Goat We do not go to the bank until it is international...Once reinstated on FOREX we go to the bank and not until...They also are going to switch over to the Quantum Financial System (QFS) as the same time. The QFS already now contains the new set of rates to adjust them according the Basel 4 asset backed. The rate of the dinar was showing at $4.81 this week. WOW! [post 2 of 2]
11-16-2021 Newshound/Intel Guru Mnt Goat ...in December 2020 the CBI did a major devaluation of almost 22%. So, when most of the news from Iraq is now talking about a “revaluation” they are only talking about bringing it back to the pre-December 2020 rate from the 1450 rate but still within the program rate. This has nothing to do with the project to delete the zeros or reinstatement which we know points the way for we want. ...We want a reinstatement to get off the program rate and for the IMF to announce the new SDR basket that includes five currencies of the major developed countries including Iraq as part of it. This is when the dinar goes international. [post 1 of 2....stay tuned]
11-15-2021 Intel Guru MarkZ [via PDK] [Do you really think we are going to see the RV this year?] Yes, I really do. We have so much coming our way. Today people are in position with a lot of appointments set up for tomorrow afternoon. Big bankers meeting tomorrow afternoon 2 pm Reno time. They are telling me they hope to be setting their schedule. Setting up who goes first of the people that have just come into town. This is for currency...At this point i believe this is event driven and we are looking for some kind of event to happen that they can come and rescue us from.
11-15-2021 Intel Guru RayRen98 Iraq... Calls for the Al-Kazemi government to remain until 2022...Iraqi political forces called for the survival of the government of Prime Minister Mustafa Al-Kazemi as a caretaker, until elections are held in the middle of next year, with the continued demonstrations of supporters of the armed factions, which lost in the early elections held on the tenth of last October, in front of the Green Zone in central Baghdad. ...Sources who attended part of the negotiations between the political blocs of the "Union" revealed that the option of the Al-Kazemi government's survival until organizing new elections is seriously proposed. The sources indicated that Al-Kazemi's name is proposed, in all cases, to form the new government, especially by the "Sadr movement", which led the results of the early elections, by obtaining more than 70 seats.
11-15-2021 Intel Guru MarkZ [via PDK] [Will there be both a street rate and contract rate for the dong?] I believe so…Yes. When we have seen revaluations in the past, and there is a lot of history out there to justify this. Countries usually come out with a lower rate on the streets in that country. Usually there is a pause of days between when the rate comes out in that country before they release it Internationally. When Kuwait went in 1991 there was 10 days between when the rate was released in country to when it was released internationally. We may see a similar thing on this RV with the dong. We may see a lower rate on the dong in Vietnam before they release the contract or international rate for us. This is what we have seen in the past.
11-15-2021 Intel Guru Frank26 Question: "Now that the ATM machines have stopped distributing all the Iraqi dinars is everything being done digitally now?" I never said that all the 3 zero notes were stopped...I told you that they are going to stop printing 3 zero notes therefore they're gonna stop putting 3 zero notes in the ATM machines. Why? Because it's a brilliant way to force the Iraqi citizens to bring in the less than 30% of the 3 zero notes that they have (as we call them 'dinar mattresses')...has it been working? Yeah! ...Beautiful. Brilliant.
11-15-2021 Newshound Guru Kaperoni Question: "...Is this toilet paper or should I have real hopes..?" The Iraqi dinar is a real currency used in an emerging market country. The success of the dinar will be the result of Iraq to build and develop an economy. With the success of that economy the dinar can rise, it just wont be overnight...
11-15-2021 Intel Guru MarkZ [via PDK] I am looking for today to be a pretty solid news day later today...I heard there are a number of whales [a whale has over one hundred million of a currency] and groups that got in place over the weekend in anticipation of this week...I know of 5 more contacts that arrived in the Reno area over the weekend. I am pretty excited about that. It should allow me to get better intel there...No rate change yet in Iraq.
11-15-2021 Intel Guru RayRen98 A bank source called me stating a 95% "feeling" that next week is our week with the potential start day on Tuesday. There is no new info on the rates, but he is hearing 1:1 (no explanation given) Time Will Definitely Tell!
11-15-2021 Intel Guru Frank26 [Firefly boots-on-the-ground Iraqi TV update] FIREFLY: They're now showing Lukoil has just found a new oil field in Iraq and this is the CBI telling us it has reserves of 7 billion barrels. This is huge. They just found this. FRANK: Actually no, they didn't just find this. This was found a long time ago and I'll tell you another thing, there are hundreds of oil fields that they haven't told you about that are actually in reserve right now and not being refined because they don't have the economic reform just yet. Your country is rich until the end of eternity. FIREFLY: They just told us that we just reached 100 tons of gold reserves...
11-15-2021 Intel Guru RayRen98 Iraq... Calls for the Al-Kazemi government to remain until 2022...Iraqi political forces called for the survival of the government of Prime Minister Mustafa Al-Kazemi as a caretaker, until elections are held in the middle of next year, with the continued demonstrations of supporters of the armed factions, which lost in the early elections held on the tenth of last October, in front of the Green Zone in central Baghdad. ...Sources who attended part of the negotiations between the political blocs of the "Union" revealed that the option of the Al-Kazemi government's survival until organizing new elections is seriously proposed. The sources indicated that Al-Kazemi's name is proposed, in all cases, to form the new government, especially by the "Sadr movement", which led the results of the early elections, by obtaining more than 70 seats.
11-15-2021 Intel Guru MarkZ [via PDK] [Will there be both a street rate and contract rate for the dong?] I believe so…Yes. When we have seen revaluations in the past, and there is a lot of history out there to justify this. Countries usually come out with a lower rate on the streets in that country. Usually there is a pause of days between when the rate comes out in that country before they release it Internationally. When Kuwait went in 1991 there was 10 days between when the rate was released in country to when it was released internationally. We may see a similar thing on this RV with the dong. We may see a lower rate on the dong in Vietnam before they release the contract or international rate for us. This is what we have seen in the past.
11-15-2021 Intel Guru Frank26 Question: "Now that the ATM machines have stopped distributing all the Iraqi dinars is everything being done digitally now?" I never said that all the 3 zero notes were stopped...I told you that they are going to stop printing 3 zero notes therefore they're gonna stop putting 3 zero notes in the ATM machines. Why? Because it's a brilliant way to force the Iraqi citizens to bring in the less than 30% of the 3 zero notes that they have (as we call them 'dinar mattresses')...has it been working? Yeah! ...Beautiful. Brilliant.
11-15-2021 Newshound Guru Kaperoni Question: "...Is this toilet paper or should I have real hopes..?" The Iraqi dinar is a real currency used in an emerging market country. The success of the dinar will be the result of Iraq to build and develop an economy. With the success of that economy the dinar can rise, it just wont be overnight...
11-15-2021 Intel Guru MarkZ [via PDK] I am looking for today to be a pretty solid news day later today...I heard there are a number of whales [a whale has over one hundred million of a currency] and groups that got in place over the weekend in anticipation of this week...I know of 5 more contacts that arrived in the Reno area over the weekend. I am pretty excited about that. It should allow me to get better intel there...No rate change yet in Iraq.
11-15-2021 Intel Guru RayRen98 A bank source called me stating a 95% "feeling" that next week is our week with the potential start day on Tuesday. There is no new info on the rates, but he is hearing 1:1 (no explanation given) Time Will Definitely Tell!
11-15-2021 Intel Guru Frank26 [Firefly boots-on-the-ground Iraqi TV update] FIREFLY: They're now showing Lukoil has just found a new oil field in Iraq and this is the CBI telling us it has reserves of 7 billion barrels. This is huge. They just found this. FRANK: Actually no, they didn't just find this. This was found a long time ago and I'll tell you another thing, there are hundreds of oil fields that they haven't told you about that are actually in reserve right now and not being refined because they don't have the economic reform just yet. Your country is rich until the end of eternity. FIREFLY: They just told us that we just reached 100 tons of gold reserves...
11-14-2021 Newshound Guru MilitiaMan Article: "International experts announce a new amount for the remainder of Iraq's compensation to Kuwait" Quote: "...476 million dollars, while it is likely that the full compensation will be paid in the last quarter of this year..." So it says, Iraq is likely that they will pay the last part of the compensation plan to Kuwait in the last quarter of this year. Well we are in the last quarter and have been for a couple weeks now...they tell us "previously" that the payment will end in the first quarter of 2022...Well, they moved it up to this last quarter and it has the potential to even have been paid by now or shortly here to come.
11-14-2021 Intel Guru Frank26 [Firefly boots-on-the-ground Iraqi TV update] FIREFLY: ...They're saying that Iraq can return to the previous dollar exchange rate... FRANK: Man this is happening fast! So now they're talking about the RI? FIREFLY: ...because the current exchange rate is hurting Iraqi citizens... FRANK: ...the education is louder and stronger and it is fast every day but more importantly it is from the CBI governor of Iraq praise God. That's the only persons you're supposed to pay attention to. If it's coming from the horses mouth you are about to receive it.
11-14-2021 Newshound/Intel Guru David M. Witty Iraq expected to pay its last financial compensation to Kuwait by the end of this year for 1990 invasion. There is disagreement about how much is owed, ranging from $476 million to about $630 million.
11-14-2021 Newshound Guru Kaperoni the Iraqi dinar investment into a lottery ticket. [?] As if it's something that's going to randomly just increase in value. Everyone should understand that that's not how monetary policy works... since they reduced the value of the dinar at the beginning of this year, there has been a significant increase in the supply of it in Iraq. 100 trillion dinars was stated by an economist just a few weeks ago. There is no way they can RV the Iraqi dinar.
11-14-2021 Intel Guru Frank26 [Firefly boots-on-the-ground Iraqi TV update] FIREFLY: They're on television again - CBI news. They're talking about Iraq's gold reserves. They told us they have 96.4 tons of gold in our reserves and Iraq needs a balance in the basket of reserves and currency...they keep repeating it I guess they're trying to make sure we understand...
11-14-2021 Intel Guru Frank26 [Firefly boots-on-the-ground Iraqi TV update] FIREFLY: ...They're saying that Iraq can return to the previous dollar exchange rate... FRANK: Man this is happening fast! So now they're talking about the RI? FIREFLY: ...because the current exchange rate is hurting Iraqi citizens... FRANK: ...the education is louder and stronger and it is fast every day but more importantly it is from the CBI governor of Iraq praise God. That's the only persons you're supposed to pay attention to. If it's coming from the horses mouth you are about to receive it.
11-14-2021 Newshound/Intel Guru David M. Witty Iraq expected to pay its last financial compensation to Kuwait by the end of this year for 1990 invasion. There is disagreement about how much is owed, ranging from $476 million to about $630 million.
11-14-2021 Newshound Guru Kaperoni the Iraqi dinar investment into a lottery ticket. [?] As if it's something that's going to randomly just increase in value. Everyone should understand that that's not how monetary policy works... since they reduced the value of the dinar at the beginning of this year, there has been a significant increase in the supply of it in Iraq. 100 trillion dinars was stated by an economist just a few weeks ago. There is no way they can RV the Iraqi dinar.
11-14-2021 Intel Guru Frank26 [Firefly boots-on-the-ground Iraqi TV update] FIREFLY: They're on television again - CBI news. They're talking about Iraq's gold reserves. They told us they have 96.4 tons of gold in our reserves and Iraq needs a balance in the basket of reserves and currency...they keep repeating it I guess they're trying to make sure we understand...
11-13-2021 Intel Guru MarkZ [via PDK] All I have since yesterday is another currency group with currency whales that are traveling today. There was one particular group...had flights canceled on them as they tried to get there. Airlines are suffering right now. They hope to get into the Reno area by 3:00 Reno time today.
11-13-2021 Newshound/Intel Guru Mnt Goat Article: "AL-KAZEMI’S ADVISOR: THE REST OF KUWAIT’S COMPENSATION IS $600 MILLION" Oh…so Iraq was NOT completely out of Chapter VII as we thought? Now we see why maybe they are holding up the reinstatement of the dinar. I quote from the article – “noting that the completion of these compensations will close any trace and belongings of Chapter VII imposed by the Security Council on Iraq 30 years ago due to the Kuwait war.” So, with the oil revenue that is coming in monthly why wait until early 2022? Are they intentionally waiting while they put in place the remainder plans for currency reform once they are totally out of Chapter VII?
11-13-2021 Intel/Newshound Guru RVAlready ...the next 10 days seems like prime territory for the RV. I’m in full agreement with the trigger finally being pulled. Let’s get underway.
11-13-2021 Intel Guru MarkZ [What countries has the RV already started in?] it hasn’t started anywhere yet…It will start all over the world at the same time
11-13-2021 Intel Guru Frank26 [Firefly boots-on-the-ground Iraqi TV update] FIREFLY: All the previous rates again, they're talking about it...talking about time for Iraq to return to the glory days. This is a special report that they're showing to us again. FRANK ...they are talking to you from the 'old glory day' of your currency to prepare you for the new glory days with the new exchange rate, with the new small category notes although they call them lower notes...when a government or a central bank repeats itself over and over and over again it's for your education. They're trying to reprogram you from what you don't even know about back in 40's to introduce you to what you're about to receive now in the new millennium.
11-13-2021 Newshound/Intel Guru Mnt Goat ...The reinstatement must happen and happen soon as Iraq can not move ahead with the economic and investment goals they told us about. In fact they even told us that going “international” is part of this process...Going international means going back online in FOREX...this process of the RV...is moving along nicely. Will it RV in January 2022? I do not know for sure...but it sure looks like they are moving strongly in that direction.
11-13-2021 Newshound/Intel Gurus Walkingstick and Frank26 The Q & A [are] the next thing that we believe you'll be seen to come about. The spigot has been turned on full blast with the articles that are about to come out with information about the monetary reform, about the education, and it's coming like an avalanche - fast and powerful...Q & A will be in print very soon. Please enjoy them.
11-13-2021 Intel Guru MarkZ [Mark do we have to pay taxes on dinar and dong?] I am told we will not pay taxes on the exchange that it is covered by treaty. [NOTE: Always consult with you tax professionals at the appropriate time.]
11-13-2021 Intel Guru Frank26 You're gonna have to figure out when to hold them and when to fold them. A lot of people are gonna run to the bank as soon as this happens. That's a big mistake. First of all the CBI might change things along the way. American banks might change things. Or maybe the spread lowered after a few weeks. I don't know. The best thing to do is walk to the bank not run to it and learn from the mistakes that others have made in that very beginning of exchanging...[NOTE: Always consult your financial advisors before making important financial decisions.]
11-13-2021 Newshound/Intel Guru Mnt Goat Article: "AL-KAZEMI’S ADVISOR: THE REST OF KUWAIT’S COMPENSATION IS $600 MILLION" Oh…so Iraq was NOT completely out of Chapter VII as we thought? Now we see why maybe they are holding up the reinstatement of the dinar. I quote from the article – “noting that the completion of these compensations will close any trace and belongings of Chapter VII imposed by the Security Council on Iraq 30 years ago due to the Kuwait war.” So, with the oil revenue that is coming in monthly why wait until early 2022? Are they intentionally waiting while they put in place the remainder plans for currency reform once they are totally out of Chapter VII?
11-13-2021 Intel/Newshound Guru RVAlready ...the next 10 days seems like prime territory for the RV. I’m in full agreement with the trigger finally being pulled. Let’s get underway.
11-13-2021 Intel Guru MarkZ [What countries has the RV already started in?] it hasn’t started anywhere yet…It will start all over the world at the same time
11-13-2021 Intel Guru Frank26 [Firefly boots-on-the-ground Iraqi TV update] FIREFLY: All the previous rates again, they're talking about it...talking about time for Iraq to return to the glory days. This is a special report that they're showing to us again. FRANK ...they are talking to you from the 'old glory day' of your currency to prepare you for the new glory days with the new exchange rate, with the new small category notes although they call them lower notes...when a government or a central bank repeats itself over and over and over again it's for your education. They're trying to reprogram you from what you don't even know about back in 40's to introduce you to what you're about to receive now in the new millennium.
11-13-2021 Newshound/Intel Guru Mnt Goat ...The reinstatement must happen and happen soon as Iraq can not move ahead with the economic and investment goals they told us about. In fact they even told us that going “international” is part of this process...Going international means going back online in FOREX...this process of the RV...is moving along nicely. Will it RV in January 2022? I do not know for sure...but it sure looks like they are moving strongly in that direction.
11-13-2021 Newshound/Intel Gurus Walkingstick and Frank26 The Q & A [are] the next thing that we believe you'll be seen to come about. The spigot has been turned on full blast with the articles that are about to come out with information about the monetary reform, about the education, and it's coming like an avalanche - fast and powerful...Q & A will be in print very soon. Please enjoy them.
11-13-2021 Intel Guru MarkZ [Mark do we have to pay taxes on dinar and dong?] I am told we will not pay taxes on the exchange that it is covered by treaty. [NOTE: Always consult with you tax professionals at the appropriate time.]
11-13-2021 Intel Guru Frank26 You're gonna have to figure out when to hold them and when to fold them. A lot of people are gonna run to the bank as soon as this happens. That's a big mistake. First of all the CBI might change things along the way. American banks might change things. Or maybe the spread lowered after a few weeks. I don't know. The best thing to do is walk to the bank not run to it and learn from the mistakes that others have made in that very beginning of exchanging...[NOTE: Always consult your financial advisors before making important financial decisions.]
11-12-2021 Intel Guru MarkZ [via PDK] I can tell you absolutely 100% that we have more whale groups that are flying out to Reno tomorrow in great anticipation. [Whales have massive amount of currencies...] I know of another one heading to Miami in hopes of a redemption...Keep in mind these whales...have already turned in and verified their currency and now have SKR’s. (Safe Keeping Receipts)...They are not bringing in new currency. They are being funded for their SKRS. [...what are they exchanging?] ...they are there for currency. Mostly Dinar and Dong. So whales traveling to exchange currency should give you an idea of timing. We must be close...We don’t know when it will get to us…but, it is a “when” not an “if”...
11-12-2021 Intel Guru Bruce [via WiserNow] ...today – remember the QFS tests were done and ...we understand that went very well and they passed the tests – everything is looking good for us...there is an “IF” in place and it doesn’t mean we know absolutely anything that we are “there” ...but there are some very good signs that are pointing to the possibility that we could be and should be notified between now and Sunday...
11-12-2021 Intel Guru Holly The RV is happening. We are not waiting for it to happen it is happening it is ongoing it’s in real time. It’s not at our level yet but it is working down to our level. As far as the RV what my Contact told me today it’s happening sit back grab popcorn and watch it get to you...So relax everybody we should see it at our level by the end of November, If not it’s not that far off because the world cannot wait much longer. It’s being released in stages or by the tiers...
11-12-2021 Newshound/Intel Guru Mnt Goat Of course there is much coordination with the CBI so that the RV and Reinstatement of the dinar will coincide with the timing...They can not implement the QFS for the currency reform piece until they are...Ready to release the new currency rates and SDR baskets. Today they gave out news to the public to inform us that QFS for currency reform is coming shortly. This is amazing news and is one more item that points to the real possibility of our January 2022 reinstatement of the IQD with the new rate along with the other currencies in the new SDR basket. [post 2 of 2]
11-12-2021 Newshound/Intel Guru Mnt Goat ...there is one important issue I need to cover closely today. It is the quantum financial system...They are now coming out in the public and talking about implementation of the QFS...The central piece of the QFS is to be able to track and convert existing currencies in the SWIFT system into a gold-backed Basel III, IV and V compliant currencies...I believe...they are now getting ready to implement the QFS currency piece. The piece that we investors are waiting for. [post 1 of 2....stay tuned]
11-12-2021 Newshound Guru Pimpy Finally a portion of the announcement I've been waiting for has arrived... Article: "Lukoil announces the discovery of the Arido field in Iraq, with reserves of 7 billion barrels" Remember I told you there was a big field of oil that was discovered and I didn't know why they hadn't announced the discovery of it yet but it should put them about as much oil as Saudi Arabia if not in font of them? This is part of that. This ain't even the big one yet. Now they're starting to make this announcement. I was waiting for this months ago. I'm not sure why they delay...you can see right here they've announced, 'Oh look we magically just discovered...' I knew about this months ago (Guest Guru Nate was the one who told me about it)
11-12-2021 Newshound Guru MilitiaMan ...The project to delete the zeros from the exchange rate of the Iraq Dinar (IQD) is not new and has been on the table for many years of the Central Bank of Iraq (CBI). The project has had to evolve along with the education process for the citizens...Many obstacles have been in the path of success to actually deleting the three zeros from their exchange rate...the PM himself having survived ...the recent attempt in the Prime Ministers life...assured the country that he was moving forward with reforms. ...There are many examples that project to delete the zeros is not something that is to be studied now, as it already has been studied and the study supports that it is time for implementation...
11-12-2021 Intel Guru Wolverine Late Thursday Night...I just need to tell you that I have had great intel coming directly from the source and not from a third person or I’m hearing this and that. Let’s just say we are really close to release this now...
11-12-2021 Intel Guru Frank26 [Firefly boots-on-the-ground Iraqi TV update] FIREFLY: TV today now saying the study of the deleting of the zeros has been officially completed and it has been turned over to the CBI. They said that the strategy of deleting the zeros is to reform Iraq's currency and payment system... FRANK: Mustafa now has a scientific approved monetary reform study. What do you think Mustafa is going to do with it? ...he's about to give it to the citizens because he's been bragging and bragging that he's in control of the monetary reform. He's in control of deleting the 3 zeros. He's in control of the new exchange rate. He's in control of the new currency that they're about to give them...
11-12-2021 Newshound Guru Kaperoni Iraq is in IMF Article VIII [?] That is incorrect they are an article XIV. This is verifiable by going to http://imf.org and under Iraq choose Iraq's position in the Fund. [NOTE: Here's the direct link to the page Guru Kaperoni references - IMF Iraq
page. ]
11-12-2021 Intel Guru Holly The news yesterday was so positive we are about to receive this long awaited blessing. It could come any moment or any day. We are on the threshold of the liquidity. ...We who have believed and have waited for years will be blessed. Continue in faith and let go of any doubt! The news yesterday was fantastic!
11-12-2021 Intel Guru Bruce [via WiserNow] ...today – remember the QFS tests were done and ...we understand that went very well and they passed the tests – everything is looking good for us...there is an “IF” in place and it doesn’t mean we know absolutely anything that we are “there” ...but there are some very good signs that are pointing to the possibility that we could be and should be notified between now and Sunday...
11-12-2021 Intel Guru Holly The RV is happening. We are not waiting for it to happen it is happening it is ongoing it’s in real time. It’s not at our level yet but it is working down to our level. As far as the RV what my Contact told me today it’s happening sit back grab popcorn and watch it get to you...So relax everybody we should see it at our level by the end of November, If not it’s not that far off because the world cannot wait much longer. It’s being released in stages or by the tiers...
11-12-2021 Newshound/Intel Guru Mnt Goat Of course there is much coordination with the CBI so that the RV and Reinstatement of the dinar will coincide with the timing...They can not implement the QFS for the currency reform piece until they are...Ready to release the new currency rates and SDR baskets. Today they gave out news to the public to inform us that QFS for currency reform is coming shortly. This is amazing news and is one more item that points to the real possibility of our January 2022 reinstatement of the IQD with the new rate along with the other currencies in the new SDR basket. [post 2 of 2]
11-12-2021 Newshound/Intel Guru Mnt Goat ...there is one important issue I need to cover closely today. It is the quantum financial system...They are now coming out in the public and talking about implementation of the QFS...The central piece of the QFS is to be able to track and convert existing currencies in the SWIFT system into a gold-backed Basel III, IV and V compliant currencies...I believe...they are now getting ready to implement the QFS currency piece. The piece that we investors are waiting for. [post 1 of 2....stay tuned]
11-12-2021 Newshound Guru Pimpy Finally a portion of the announcement I've been waiting for has arrived... Article: "Lukoil announces the discovery of the Arido field in Iraq, with reserves of 7 billion barrels" Remember I told you there was a big field of oil that was discovered and I didn't know why they hadn't announced the discovery of it yet but it should put them about as much oil as Saudi Arabia if not in font of them? This is part of that. This ain't even the big one yet. Now they're starting to make this announcement. I was waiting for this months ago. I'm not sure why they delay...you can see right here they've announced, 'Oh look we magically just discovered...' I knew about this months ago (Guest Guru Nate was the one who told me about it)
11-12-2021 Newshound Guru MilitiaMan ...The project to delete the zeros from the exchange rate of the Iraq Dinar (IQD) is not new and has been on the table for many years of the Central Bank of Iraq (CBI). The project has had to evolve along with the education process for the citizens...Many obstacles have been in the path of success to actually deleting the three zeros from their exchange rate...the PM himself having survived ...the recent attempt in the Prime Ministers life...assured the country that he was moving forward with reforms. ...There are many examples that project to delete the zeros is not something that is to be studied now, as it already has been studied and the study supports that it is time for implementation...
11-12-2021 Intel Guru Wolverine Late Thursday Night...I just need to tell you that I have had great intel coming directly from the source and not from a third person or I’m hearing this and that. Let’s just say we are really close to release this now...
11-12-2021 Intel Guru Frank26 [Firefly boots-on-the-ground Iraqi TV update] FIREFLY: TV today now saying the study of the deleting of the zeros has been officially completed and it has been turned over to the CBI. They said that the strategy of deleting the zeros is to reform Iraq's currency and payment system... FRANK: Mustafa now has a scientific approved monetary reform study. What do you think Mustafa is going to do with it? ...he's about to give it to the citizens because he's been bragging and bragging that he's in control of the monetary reform. He's in control of deleting the 3 zeros. He's in control of the new exchange rate. He's in control of the new currency that they're about to give them...
11-12-2021 Newshound Guru Kaperoni Iraq is in IMF Article VIII [?] That is incorrect they are an article XIV. This is verifiable by going to http://imf.org and under Iraq choose Iraq's position in the Fund. [NOTE: Here's the direct link to the page Guru Kaperoni references - IMF Iraq
page. ]
11-12-2021 Intel Guru Holly The news yesterday was so positive we are about to receive this long awaited blessing. It could come any moment or any day. We are on the threshold of the liquidity. ...We who have believed and have waited for years will be blessed. Continue in faith and let go of any doubt! The news yesterday was fantastic!
11-11-2021 Intel Guru MarkZ [via PDK] ...no one knows the timing . So hang tight and be prepared. This is a great time to make your plans... No way would I rule out the weekend yet. I still have redemption center contacts that are planning on working.
11-11-2021 Intel Guru Frank26 Where are we? ...the campaign that we told you would be marched out to the citizens is in full bloom...we're in the position where they're continuing the education to the citizens. There might have been a little bit of a time-out today but it'll pick up probably again tomorrow and that was simply because of the nonsense [Assassination attempt on Kazemi]...I told you Iran was angry and they're causing trouble...
11-11-2021 Newshound Guru Sandy Ingram Article: "Central Bank: Move to open branches of Iraqi banks in Turkey" The Central Bank of Iraq is in discussion to open branches of Iraqi banks in Turkey. Does this mean we may be able to go to Turkey to exchange our Iraqi dinars?
11-11-2021 Newshound/Intel Guru Walkingstick [via Guru Frank26] Article: "Basra University organizes a panel discussion on the project to delete zeros from the Iraqi currency" This is not the first time...They've been having them at least once a month. This past month they had a lot of them...they've been educating the citizens of Iraq for a long time about the monetary reform. No, this hasn't been put in article form...This article...is simply another announcement of the reinstatement of their currency and of a new exchange rate...education of the citizens of Iraq...this is what [we] told you that you would see and you're seeing it now...When have you ever seen the governor of the Central Bank of Iraq come out and tell the Iraqi citizens we're about to give you a new currency and a new exchange rate and these are the reasons why...?
11-11-2021 Intel Guru Holly I just want to caution everyone we are close… can it happen tomorrow possibly, can it happen early next week yes... just know we are so close to this popping. So stay grounded and centered and we have never been closer...
11-11-2021 Intel Guru MarkZ [via PDK] ...I am hearing from a number of bank contacts that they have a final plan now for timing...my redemption center contacts...are planning on working this weekend. I don’t know if that means...if they will be exchanging us…but yes they are not “on Call” This time they have to work…They have been on call many times...but I believe this is only the third time they have been told they have to work. So this is interesting...My contacts that will be working at redemption centers also work in wealth management for a large bank. They are specially trained for our redemptions. They have been trained to handle foreign currency transactions. We are at the end…hang in there…
11-11-2021 Newshound Guru Pimpy Article: "Washington Post writer met Al-Kazemi in the bombed house: The strike made the second term certain" The attempt on his life most likely backfired because he has drawn a lotto sentiment from all factions out there...this is good news IMO...4 years with Al-Kazemi is going to be interesting to watch...he has done a lot in such a short period of time. I'd like to see him continue that...we're going to get to the bottom of things and then we're going to hear the results of the election...next week coming up is going to be a really interesting week in Iraq...
11-11-2021 Intel Guru Frank26 the 'countdown' is not for a liftoff. That was years ago. The countdown is what you're witnessing. They're counting it down every day to a date that they have in mind. I have a feeling that it's within this year. And if for some reason it comes out this year the citizens won't be able to use it not until it's officially handed to them. I told you 2021 is the education. I pray that they can get them well educated that they can give it to them now this year...
11-11-2021 Intel Guru Bruce ...they are actively using lower denominations of their new currency in their ATM’s in Iraq...everything is moving forward – QFS is fully integrated with the banks...everybody is pretty much good to go...countries that have currencies that are going to be exchanging in the first basket 27 of them - are all solid and good to go... [post 2 of 2]
11-11-2021 Intel Guru Bruce ...where we stand now is I think a very good position...Iraq did what they were supposed to do...trading their Dinar on the screens and getting it to a level where they wanted it...trading internationally now as of Sunday night – they put a new rate up Sunday...even though there’s nothing live right now on the CBI website – they’re not going to put anything like a national rate on the CBI website until we’re ready to go – they just have this agreement not to put that rate out – even though they are actively using it... some that we talk to are looking at those screens and can relate what’s going on to us... [post 1 of 2....stay tuned]
11-11-2021 Intel Guru Frank26 Where are we? ...the campaign that we told you would be marched out to the citizens is in full bloom...we're in the position where they're continuing the education to the citizens. There might have been a little bit of a time-out today but it'll pick up probably again tomorrow and that was simply because of the nonsense [Assassination attempt on Kazemi]...I told you Iran was angry and they're causing trouble...
11-11-2021 Newshound Guru Sandy Ingram Article: "Central Bank: Move to open branches of Iraqi banks in Turkey" The Central Bank of Iraq is in discussion to open branches of Iraqi banks in Turkey. Does this mean we may be able to go to Turkey to exchange our Iraqi dinars?
11-11-2021 Newshound/Intel Guru Walkingstick [via Guru Frank26] Article: "Basra University organizes a panel discussion on the project to delete zeros from the Iraqi currency" This is not the first time...They've been having them at least once a month. This past month they had a lot of them...they've been educating the citizens of Iraq for a long time about the monetary reform. No, this hasn't been put in article form...This article...is simply another announcement of the reinstatement of their currency and of a new exchange rate...education of the citizens of Iraq...this is what [we] told you that you would see and you're seeing it now...When have you ever seen the governor of the Central Bank of Iraq come out and tell the Iraqi citizens we're about to give you a new currency and a new exchange rate and these are the reasons why...?
11-11-2021 Intel Guru Holly I just want to caution everyone we are close… can it happen tomorrow possibly, can it happen early next week yes... just know we are so close to this popping. So stay grounded and centered and we have never been closer...
11-11-2021 Intel Guru MarkZ [via PDK] ...I am hearing from a number of bank contacts that they have a final plan now for timing...my redemption center contacts...are planning on working this weekend. I don’t know if that means...if they will be exchanging us…but yes they are not “on Call” This time they have to work…They have been on call many times...but I believe this is only the third time they have been told they have to work. So this is interesting...My contacts that will be working at redemption centers also work in wealth management for a large bank. They are specially trained for our redemptions. They have been trained to handle foreign currency transactions. We are at the end…hang in there…
11-11-2021 Newshound Guru Pimpy Article: "Washington Post writer met Al-Kazemi in the bombed house: The strike made the second term certain" The attempt on his life most likely backfired because he has drawn a lotto sentiment from all factions out there...this is good news IMO...4 years with Al-Kazemi is going to be interesting to watch...he has done a lot in such a short period of time. I'd like to see him continue that...we're going to get to the bottom of things and then we're going to hear the results of the election...next week coming up is going to be a really interesting week in Iraq...
11-11-2021 Intel Guru Frank26 the 'countdown' is not for a liftoff. That was years ago. The countdown is what you're witnessing. They're counting it down every day to a date that they have in mind. I have a feeling that it's within this year. And if for some reason it comes out this year the citizens won't be able to use it not until it's officially handed to them. I told you 2021 is the education. I pray that they can get them well educated that they can give it to them now this year...
11-11-2021 Intel Guru Bruce ...they are actively using lower denominations of their new currency in their ATM’s in Iraq...everything is moving forward – QFS is fully integrated with the banks...everybody is pretty much good to go...countries that have currencies that are going to be exchanging in the first basket 27 of them - are all solid and good to go... [post 2 of 2]
11-11-2021 Intel Guru Bruce ...where we stand now is I think a very good position...Iraq did what they were supposed to do...trading their Dinar on the screens and getting it to a level where they wanted it...trading internationally now as of Sunday night – they put a new rate up Sunday...even though there’s nothing live right now on the CBI website – they’re not going to put anything like a national rate on the CBI website until we’re ready to go – they just have this agreement not to put that rate out – even though they are actively using it... some that we talk to are looking at those screens and can relate what’s going on to us... [post 1 of 2....stay tuned]
11-10-2021 Intel Guru MarkZ [via PDK] I have been getting some pretty interesting stuff today guys. I have been told from a number of banking contacts that they have now set the timing schedule to finish things. Yes they say they now have a schedule . They would not share this set schedule with me… I did ask a redemption Center contact if they would be working this weekend. The comment from him was “Yeah I’m 100% certain I am going to have to work.” This was after today’s meetings... My phone has been lighting up today with folks saying they finally got the timing set. Very positive... The avalanche is rolling down the hill.
11-10-2021 Intel Guru Frank26 Question: "Have the Iraq citizens seen the new lower denominations?" No. But they have seen the older lower denominations and were told to prepare themselves to go back to the glory days when they used to have lower notes...
11-10-2021 Newshound/Intel Guru Mnt Goat Iraq is now pumping over 1/3 more oil. There are also the fertile banks of the Tigris and Euphrates rivers that have been drained and now produce net exports of vegetables and fruits. Then two huge gold mines discovered since and the Central Bank now has more than required gold reserves to back up the dinar, according to Basel requirements. We know this because of the Basel rules currency now enforce asset backed currencies and Iraq has tremendous assets much more “realized” assets then it has even in 1991 when the rate was around $3.22...
11-10-2021 Newshound Guru Kaperoni The idea of a significant RV of the Iraqi dinar with 100 trillion dinar in circulation when Iraq is only worth $16 trillion dollars including all oil and minerals in the ground is absurd.
11-10-2021 Intel Guru Wolverine ...The launch of 4A and 4B is planned for this week at any time, the Army, UST, and banks want the start of 4A and 4B as part of the new Quantum Financial System, scheduled to start as quickly as possible, during the next 48 hours. When they finish allocating funds for levels 1 to 4, it will be the start of the shotgun, we only have FAITH that everything is on the right track...
11-10-2021 Intel Guru Frank26 Article: "Basra University organizes a panel discussion on the project to delete zeros from the Iraqi currency" This is an announcement from the Central Bank of Iraq at the University of Basra telling the Iraqi citizens as plain as English can be, as plain as Arabic can be, 'We are lifting the value of your currency. We are removing the 3-zero notes. We did this. We accomplished it. It was a long study...do you mind if we add value to your currency? Do you mind if we introduce to you a new denomination that would match that currency? Do you mind if we enter the digital world of transactions to be internationally recognized and grow as a currency mega force in the Middle East? Do you mind any of this Iraqi citizens?'
11-10-2021 Newshound Guru MilitiaMan The process of the digital transformation for and of Iraq has been underway for years now. They have had international support from the major players and will be ongoing in the future, as managers and partners in the digitized path Iraq is headed on...Aside from the important e-government aspect, there is e-finance, e-payments, e-commerce, e-payments, and yes, e-dinar is on the horizon. ...They say there is a need to expedite the e-government projects and reforms imo, therefore, we should expect them to do so and quickly now...imo.
11-10-2021 Intel Guru MarkZ [via PDK] We are still getting more news out of Iraq that they are still looking for a rate that is higher than before the Gulf War. So imo- we are looking at $4+. This lends credence to the $4.71 rate my contractors in Iraq were told...
11-10-2021 Newshound/Intel Guru Walkingstick [via Guru Frank26] Because the Q & A's are now shared with the citizens of Iraq you will now see the Q & A's in print very soon. There were interviews...whereas before they were lectures...now it's different because it's coming to an end...the CBI governor Mustafa tells the citizens, 'Ask your questions. Fire away.' You are ahead of the curve. You are now going to be seeing the questions in print form. That is the next thing that you will be enjoying very soon.
11-10-2021 Intel Guru Holly The news I am hearing from all sources is we are finally there. Things are finally moving and the flood gates should open soon. I don’t want to give any timeframe as this has a life if it’s own but the indicators look like this is imminent.
11-10-2021 Newshound/Intel Guru Mnt Goat There is some very good news coming out of the Central Bank. I am told they are still working towards the early January 2022 revaluation of the dinar. There is a huge necessity to actually conduct the project to delete the zeros as the first step and this could happen any day now as we move closer to 2022. I do not believe the assassination attempt on al-Kazemi’s life will make any difference as the project is part of the solution not the problem. Everyone should relax and be glad we are entering an ending period to this long-awaited process of currency reform.
11-10-2021 Intel Guru Frank26 Question: "Have the Iraq citizens seen the new lower denominations?" No. But they have seen the older lower denominations and were told to prepare themselves to go back to the glory days when they used to have lower notes...
11-10-2021 Newshound/Intel Guru Mnt Goat Iraq is now pumping over 1/3 more oil. There are also the fertile banks of the Tigris and Euphrates rivers that have been drained and now produce net exports of vegetables and fruits. Then two huge gold mines discovered since and the Central Bank now has more than required gold reserves to back up the dinar, according to Basel requirements. We know this because of the Basel rules currency now enforce asset backed currencies and Iraq has tremendous assets much more “realized” assets then it has even in 1991 when the rate was around $3.22...
11-10-2021 Newshound Guru Kaperoni The idea of a significant RV of the Iraqi dinar with 100 trillion dinar in circulation when Iraq is only worth $16 trillion dollars including all oil and minerals in the ground is absurd.
11-10-2021 Intel Guru Wolverine ...The launch of 4A and 4B is planned for this week at any time, the Army, UST, and banks want the start of 4A and 4B as part of the new Quantum Financial System, scheduled to start as quickly as possible, during the next 48 hours. When they finish allocating funds for levels 1 to 4, it will be the start of the shotgun, we only have FAITH that everything is on the right track...
11-10-2021 Intel Guru Frank26 Article: "Basra University organizes a panel discussion on the project to delete zeros from the Iraqi currency" This is an announcement from the Central Bank of Iraq at the University of Basra telling the Iraqi citizens as plain as English can be, as plain as Arabic can be, 'We are lifting the value of your currency. We are removing the 3-zero notes. We did this. We accomplished it. It was a long study...do you mind if we add value to your currency? Do you mind if we introduce to you a new denomination that would match that currency? Do you mind if we enter the digital world of transactions to be internationally recognized and grow as a currency mega force in the Middle East? Do you mind any of this Iraqi citizens?'
11-10-2021 Newshound Guru MilitiaMan The process of the digital transformation for and of Iraq has been underway for years now. They have had international support from the major players and will be ongoing in the future, as managers and partners in the digitized path Iraq is headed on...Aside from the important e-government aspect, there is e-finance, e-payments, e-commerce, e-payments, and yes, e-dinar is on the horizon. ...They say there is a need to expedite the e-government projects and reforms imo, therefore, we should expect them to do so and quickly now...imo.
11-10-2021 Intel Guru MarkZ [via PDK] We are still getting more news out of Iraq that they are still looking for a rate that is higher than before the Gulf War. So imo- we are looking at $4+. This lends credence to the $4.71 rate my contractors in Iraq were told...
11-10-2021 Newshound/Intel Guru Walkingstick [via Guru Frank26] Because the Q & A's are now shared with the citizens of Iraq you will now see the Q & A's in print very soon. There were interviews...whereas before they were lectures...now it's different because it's coming to an end...the CBI governor Mustafa tells the citizens, 'Ask your questions. Fire away.' You are ahead of the curve. You are now going to be seeing the questions in print form. That is the next thing that you will be enjoying very soon.
11-10-2021 Intel Guru Holly The news I am hearing from all sources is we are finally there. Things are finally moving and the flood gates should open soon. I don’t want to give any timeframe as this has a life if it’s own but the indicators look like this is imminent.
11-10-2021 Newshound/Intel Guru Mnt Goat There is some very good news coming out of the Central Bank. I am told they are still working towards the early January 2022 revaluation of the dinar. There is a huge necessity to actually conduct the project to delete the zeros as the first step and this could happen any day now as we move closer to 2022. I do not believe the assassination attempt on al-Kazemi’s life will make any difference as the project is part of the solution not the problem. Everyone should relax and be glad we are entering an ending period to this long-awaited process of currency reform.
11-9-2021 Intel Guru Frank26 What you are seeing about the reserves is they're showing you that the monetary reform is more than ready...digital transformations of what they've done internationally under article VIII, oh man that's even more. I've already told you security, stability, supply and demand, 'glory days', all these things showing the Iraqi citizens that the CBI is ready to raise to raise the value of their currency to do exactly what Sadr...is telling the citizens.
11-9-2021 Intel Guru MarkZ [via PDK] More news out of Iraq proper as they are announcing that they will have a higher value than before the Gulf War. They are being very transparent with their people right now. They have done some tests with lower denominations in some ATMs, and they are very openly talking about it. Perhaps we haven’t seen it yet this week because of the attempted assassination of the Prime Minister …but he came out fiery today. He was talking about the rise of the dinar and the Iraqi people...he also said he knew who came after him…and that he was coming for them …It was an interesting day in iraqi politics.
11-9-2021 Newshound Guru BobTheTaxMan Have you heard anything from Warka Bank? For those of you who may or may not be aware... Warka...opened up it's doors to allow people who were International to open up an account to be able to buy IQD there and store them there [In Iraq]...About 30 days ago it went completely dark. Meaning their website...went away. The source I have...went dark...I sent an email inquiry to the CBI...nothing. I do know they were insured and the account they've got are protected...the only thought I have is...either they're being absorbed into another bank or they're being overtaken and managed in the future by CBI. But I don't know exactly.
11-9-2021 Intel Guru Holly The rumblings are things are moving and happening...We still have yet to see it at our level. Never, ever give up!
11-9-2021 Newshound Guru Sandy Ingram Article: "Iraq's oil potential still mainly untapped" Iraq appears to be slated to continue in the power of oil due to the untapped oil believed to be under Iraq. Plus, Iraq has a great opportunity to cash in on tourism almost to the same level as Egypt and Jerusalem...
11-9-2021 Intel Guru MarkZ [via PDK] I am telling you everything that is safe to share. I can tell you there is a mad dash to have us all rolling before the end of the month. There is so much going on right now. So much I wish I could tell you- but, I can’t. We are in a great window.
11-9-2021 Newshound/Intel Guru Mnt Goat ...Yes, the Central Bank just told us once again they want to go back to the “glory days” of the dinar. If you query the Quantum Financial System (QFS) you will see a rate way over $4.00 and closer to $5 for the Iraqi dinar now calculated in place. Will it actually come out at this rate? This is pure speculation as they could recalculate and have been doing so often. But we can see that the rate should increase much higher than the pre-1991 gulf war. They have been running tests on the system since 2012 and it is the goal of the IMF to soon use the QFS and roll out these news rates to balance to a “level playing field” of currency rates, as the U.S. president Donald Trump alluded to in a speech while in office...
11-9-2021 Intel Guru Frank26 I've got no choice but to continue to tell you that the CBI is telling the citizens of Iraq that they're going to raise the value and give them a new exchange rate because they ain't telling them anything else. Today there was a bit of a little time out IMO - Kazemi makes a phone call, 'Hey CBI back off from the television because I want to use the television today. I want to make sure that the people understand that I am in charge. That I am the Prime Minister. That I am their leader. That I am in control of the government and the central bank. I am in control of everything and another thing I know who did it...' [Tried to assassinate Kazemi]
11-9-2021 Newshound Guru MilitiaMan Article: "Transportation: anchorage of three tankers and a container ship in the southern port of Umm Qasr" More ships in an out mean they are trading, but, are they now starting to clear the trades digitially. The AMF has a report out...that shows Iraq in the graphs regarding blockchain... The fact that Iraq is included shows progress that the region is about to be or is on a level playing field.
11-9-2021 Intel Guru MarkZ [via PDK] More news out of Iraq proper as they are announcing that they will have a higher value than before the Gulf War. They are being very transparent with their people right now. They have done some tests with lower denominations in some ATMs, and they are very openly talking about it. Perhaps we haven’t seen it yet this week because of the attempted assassination of the Prime Minister …but he came out fiery today. He was talking about the rise of the dinar and the Iraqi people...he also said he knew who came after him…and that he was coming for them …It was an interesting day in iraqi politics.
11-9-2021 Newshound Guru BobTheTaxMan Have you heard anything from Warka Bank? For those of you who may or may not be aware... Warka...opened up it's doors to allow people who were International to open up an account to be able to buy IQD there and store them there [In Iraq]...About 30 days ago it went completely dark. Meaning their website...went away. The source I have...went dark...I sent an email inquiry to the CBI...nothing. I do know they were insured and the account they've got are protected...the only thought I have is...either they're being absorbed into another bank or they're being overtaken and managed in the future by CBI. But I don't know exactly.
11-9-2021 Intel Guru Holly The rumblings are things are moving and happening...We still have yet to see it at our level. Never, ever give up!
11-9-2021 Newshound Guru Sandy Ingram Article: "Iraq's oil potential still mainly untapped" Iraq appears to be slated to continue in the power of oil due to the untapped oil believed to be under Iraq. Plus, Iraq has a great opportunity to cash in on tourism almost to the same level as Egypt and Jerusalem...
11-9-2021 Intel Guru MarkZ [via PDK] I am telling you everything that is safe to share. I can tell you there is a mad dash to have us all rolling before the end of the month. There is so much going on right now. So much I wish I could tell you- but, I can’t. We are in a great window.
11-9-2021 Newshound/Intel Guru Mnt Goat ...Yes, the Central Bank just told us once again they want to go back to the “glory days” of the dinar. If you query the Quantum Financial System (QFS) you will see a rate way over $4.00 and closer to $5 for the Iraqi dinar now calculated in place. Will it actually come out at this rate? This is pure speculation as they could recalculate and have been doing so often. But we can see that the rate should increase much higher than the pre-1991 gulf war. They have been running tests on the system since 2012 and it is the goal of the IMF to soon use the QFS and roll out these news rates to balance to a “level playing field” of currency rates, as the U.S. president Donald Trump alluded to in a speech while in office...
11-9-2021 Intel Guru Frank26 I've got no choice but to continue to tell you that the CBI is telling the citizens of Iraq that they're going to raise the value and give them a new exchange rate because they ain't telling them anything else. Today there was a bit of a little time out IMO - Kazemi makes a phone call, 'Hey CBI back off from the television because I want to use the television today. I want to make sure that the people understand that I am in charge. That I am the Prime Minister. That I am their leader. That I am in control of the government and the central bank. I am in control of everything and another thing I know who did it...' [Tried to assassinate Kazemi]
11-9-2021 Newshound Guru MilitiaMan Article: "Transportation: anchorage of three tankers and a container ship in the southern port of Umm Qasr" More ships in an out mean they are trading, but, are they now starting to clear the trades digitially. The AMF has a report out...that shows Iraq in the graphs regarding blockchain... The fact that Iraq is included shows progress that the region is about to be or is on a level playing field.
11-8-2021 Intel Guru MarkZ [via PDK] News is really good…just kind of at a loss to what I can and cannot share...I was given some information I cannot share that makes me feel very confident… we may get the news this evening we have been waiting for...I have been told Iraq was moving forward today doing “tests” in key areas with lower denominations in ATM’s. This is exciting guys. A lot is coming together. Hopefully we will have phenominal news by tomorrow… I am hoping and praying.
11-8-2021 Intel Guru Frank26 You may say, 'Oh...as soon as Kuwait is paid off we're going to see the monetary reform of the Iraqi dinar.' I would say to you, no. You don't need to pay off Kuwait in order lift the value of your currency. You need to pay Kuwait in order to be lifted from the sanctions and those sanctions are a tangibility of why they haven't raised the value of their currency. Even though they are not directly related...they certainly are indirectly related...all that is being done to allow Iraq to lift the value of their currency is before us and it is just extremely exciting...
11-8-2021 Newshound Guru Sandy Ingram Article: "Iraq pays $490 million in war reparations to Kuwait" Iraq has lived up to its obligations and paid Kuwait over 490 million in war reparations...
11-8-2021 Intel Guru Holly ...right now it’s better to still remain quiet...I’m hearing positive news and that is all I will say as to not disrupt the process.
11-8-2021 Newshound Guru Kaperoni Though none of us want to see them re-denominate/LOP, it must be known there are various colleges in Iraq hosting seminar / symposiums on the subject. So as dinar investors we should all be aware a re-denomination / LOP is a real possibility. What that means is the IMF is encouraging Iraq to float the dinar. Not RV the dinar. [Post 3 of 3]
11-8-2021 Newshound Guru Kaperoni Floating the dinar would give the CBI a mechanism to allow the currency to gradually appreciate to counter inflationary pressure created by investment and growth in the economy. It also would give them a mechanism to remove the dinar gradually from circulation as the dinar appreciates in value. This IMO is the only way I can see them significantly reducing the money supply. The alternative is a re-denomination (LOP). [Post 2 of 3....stay tuned]
11-8-2021 Newshound Guru Kaperoni ...The IMF clearly stated in the Article IV Consultation from 2013 with Iraq that..."staff encouraged the authorities to consider creating the conditions which would make possible a move to a more flexible exchange rate policy...Such flexibility could allow a predictable and gradual appreciation of the nominal exchange rate,..." [Post 1 of 3....stay tuned]
11-8-2021 Intel Guru MarkZ [via PDK] A number of key people including the Iraqi Prime minister were targeted last weekend. IMO this is the last ditch effort to derail everything…because things are all coming together.
11-8-2021 Newshound Guru MilitiaMan Article: "Al-Kazemi receives Al-Abadi and confirms: We are proceeding with the reform project" Enough said...Show time...The looks of it is per the PM is that we are proceeding with the reform project...In other, words, thank you for all of your GLOBAL SUPPORT!! Be rest assured your investments in Iraq are safe, stable and secure and we are moving forward with the reform project...imo.
11-8-2021 Intel Guru Frank26 They have over 60 billion in gold reserves. That's not even...the USDs. The revaluation of the Iraqi currency has so much potential. It's insane the potential that Iraq has. The reserves that they have and the gold that they have it'll cover the new exchange rate with no problem whatsoever. They are primed. They are ready. They're teaching the Iraqi citizens this is what is about to come out to you. It's no secret...no doubt about it is extremely exciting...
11-8-2021 Intel Guru MarkZ [via PDK] [Rates on the dong?] I am still hearing our rates will be around $2.25- $2.50…. I hear it will be a fixed rate but we have seen bank screens where the rates vary greatly. We have seen rates go to $4 and up to $7 or $8 on bank screens. Most of my bankers believe it will be in the low $2 range when we go in.
11-8-2021 Intel Guru Frank26 You may say, 'Oh...as soon as Kuwait is paid off we're going to see the monetary reform of the Iraqi dinar.' I would say to you, no. You don't need to pay off Kuwait in order lift the value of your currency. You need to pay Kuwait in order to be lifted from the sanctions and those sanctions are a tangibility of why they haven't raised the value of their currency. Even though they are not directly related...they certainly are indirectly related...all that is being done to allow Iraq to lift the value of their currency is before us and it is just extremely exciting...
11-8-2021 Newshound Guru Sandy Ingram Article: "Iraq pays $490 million in war reparations to Kuwait" Iraq has lived up to its obligations and paid Kuwait over 490 million in war reparations...
11-8-2021 Intel Guru Holly ...right now it’s better to still remain quiet...I’m hearing positive news and that is all I will say as to not disrupt the process.
11-8-2021 Newshound Guru Kaperoni Though none of us want to see them re-denominate/LOP, it must be known there are various colleges in Iraq hosting seminar / symposiums on the subject. So as dinar investors we should all be aware a re-denomination / LOP is a real possibility. What that means is the IMF is encouraging Iraq to float the dinar. Not RV the dinar. [Post 3 of 3]
11-8-2021 Newshound Guru Kaperoni Floating the dinar would give the CBI a mechanism to allow the currency to gradually appreciate to counter inflationary pressure created by investment and growth in the economy. It also would give them a mechanism to remove the dinar gradually from circulation as the dinar appreciates in value. This IMO is the only way I can see them significantly reducing the money supply. The alternative is a re-denomination (LOP). [Post 2 of 3....stay tuned]
11-8-2021 Newshound Guru Kaperoni ...The IMF clearly stated in the Article IV Consultation from 2013 with Iraq that..."staff encouraged the authorities to consider creating the conditions which would make possible a move to a more flexible exchange rate policy...Such flexibility could allow a predictable and gradual appreciation of the nominal exchange rate,..." [Post 1 of 3....stay tuned]
11-8-2021 Intel Guru MarkZ [via PDK] A number of key people including the Iraqi Prime minister were targeted last weekend. IMO this is the last ditch effort to derail everything…because things are all coming together.
11-8-2021 Newshound Guru MilitiaMan Article: "Al-Kazemi receives Al-Abadi and confirms: We are proceeding with the reform project" Enough said...Show time...The looks of it is per the PM is that we are proceeding with the reform project...In other, words, thank you for all of your GLOBAL SUPPORT!! Be rest assured your investments in Iraq are safe, stable and secure and we are moving forward with the reform project...imo.
11-8-2021 Intel Guru Frank26 They have over 60 billion in gold reserves. That's not even...the USDs. The revaluation of the Iraqi currency has so much potential. It's insane the potential that Iraq has. The reserves that they have and the gold that they have it'll cover the new exchange rate with no problem whatsoever. They are primed. They are ready. They're teaching the Iraqi citizens this is what is about to come out to you. It's no secret...no doubt about it is extremely exciting...
11-8-2021 Intel Guru MarkZ [via PDK] [Rates on the dong?] I am still hearing our rates will be around $2.25- $2.50…. I hear it will be a fixed rate but we have seen bank screens where the rates vary greatly. We have seen rates go to $4 and up to $7 or $8 on bank screens. Most of my bankers believe it will be in the low $2 range when we go in.
11-7-2021 Intel Guru Wolverine Received incredible news my friends. Things are on progress everyone. This is the week that we have been waiting for… for so long my friends.
11-7-2021 Newshound Guru Kaperoni Article: "UNAMI strongly cones assassination attempt on Iraqi Prime Minister" Apparently there was an attempted drone strike assassination on current Iraqi Prime Minister Kadhimi.
11-7-2021 Intel Guru Frank26 Literally every day the government of Iraq and the Central Bank of Iraq are talking to the citizens...So much is happening at such a fast pace. The governor of the Central Bank of Iraq is the one that's coming out and talking like crazy...They are on a massive campaign to tell the Iraqi citizens what's going on...
11-7-2021 Newshound Guru Breitling The conversation hasn't changed on whether they're going to add value to the currency. That's the same. But how are they going to participate in the markets...Iraq is looking at ways to utilize cryptocurrency because nobody controls it...So how long do you stay in the Iraqi dinar? ...Nobody knows exactly when this market's going to change...but the reality is that if you see...more and more people not using fossil fuels then you know that the Iraqi dinar is probably not gonna last that long. [Could be years and years away] That's how you hedge. That's how you get out. That's an indicator to get out. That's what Iraq is setting themselves up for - insurance. And a lot of that has to do with cryptocurrency. Very interesting stuff because a year ago they weren't taking about this stuff. It's a completely different ball game what's going on right now.
11-7-2021 Newshound Guru Pimpy I'm still keeping my fingers crossed that Al-Kazemi gets in there [As Prime Minister]. As a matter of fact he continues to work as if he will be in there for the next term. Let's hope that happens...because we're already heading in the right direction. You can see they're talking about letting the rate change go back...in increments. They're going to do it gradually. That's what you want. Oil is way up, more than they budgeted. There's a surplus. Outside investors coming in. It's been peaceful. Let's keep it that way. But I think there's a group of people called 'The Great Reset" that are hell bent on stirring up trouble over there.
11-7-2021 Intel Guru Frank26 When the CBI withdraws most, if not all the 3 zero notes, will these three zero notes be null and void to you and me? Will we be able to go into an American bank and say, 'here's my 25k, I'd like to exchange it for the new exchange rate that the CBI put out'? Is the bank in the United States going to say to you, 'no, those are null and void. They were taken out of circulation.' No. The action is to remove the physical three zeros from circulation - period end of story...that's what they're doing at this very nano second...Mustafa said to the citizens, '...3 zero notes...will coexist with the new small category notes. They will be legal tender.' Why Mustafa? Because...it's going to take a little time maybe up to a year or more to retrieve the "mattress dinars" not just from inside of Iraq but from the whole world. You.
11-7-2021 Newshound Guru Sandy Ingram Prime Minister Al-Kazemi "My house was the target of a cowardly attack but thanks to God I and those who work with me are in good health..." There has been continued unrest since the elections in October...there are protests over the results. Pro Iranian groups lost seats in parliament and they have threatened unrest. We find this news to be extremely upsetting...
11-7-2021 Intel Guru MarkZ [via PDK] [...if the CBI was to go international , I would assume they would announce it on a Sunday since their banks are open on Sunday.] I agree with you on that timing…but, it could be different if you look at the history of revaluations. Iraq in the past has liked Tuesdays and Thursdays.
11-7-2021 Newshound Guru Kaperoni Article: "UNAMI strongly cones assassination attempt on Iraqi Prime Minister" Apparently there was an attempted drone strike assassination on current Iraqi Prime Minister Kadhimi.
11-7-2021 Intel Guru Frank26 Literally every day the government of Iraq and the Central Bank of Iraq are talking to the citizens...So much is happening at such a fast pace. The governor of the Central Bank of Iraq is the one that's coming out and talking like crazy...They are on a massive campaign to tell the Iraqi citizens what's going on...
11-7-2021 Newshound Guru Breitling The conversation hasn't changed on whether they're going to add value to the currency. That's the same. But how are they going to participate in the markets...Iraq is looking at ways to utilize cryptocurrency because nobody controls it...So how long do you stay in the Iraqi dinar? ...Nobody knows exactly when this market's going to change...but the reality is that if you see...more and more people not using fossil fuels then you know that the Iraqi dinar is probably not gonna last that long. [Could be years and years away] That's how you hedge. That's how you get out. That's an indicator to get out. That's what Iraq is setting themselves up for - insurance. And a lot of that has to do with cryptocurrency. Very interesting stuff because a year ago they weren't taking about this stuff. It's a completely different ball game what's going on right now.
11-7-2021 Newshound Guru Pimpy I'm still keeping my fingers crossed that Al-Kazemi gets in there [As Prime Minister]. As a matter of fact he continues to work as if he will be in there for the next term. Let's hope that happens...because we're already heading in the right direction. You can see they're talking about letting the rate change go back...in increments. They're going to do it gradually. That's what you want. Oil is way up, more than they budgeted. There's a surplus. Outside investors coming in. It's been peaceful. Let's keep it that way. But I think there's a group of people called 'The Great Reset" that are hell bent on stirring up trouble over there.
11-7-2021 Intel Guru Frank26 When the CBI withdraws most, if not all the 3 zero notes, will these three zero notes be null and void to you and me? Will we be able to go into an American bank and say, 'here's my 25k, I'd like to exchange it for the new exchange rate that the CBI put out'? Is the bank in the United States going to say to you, 'no, those are null and void. They were taken out of circulation.' No. The action is to remove the physical three zeros from circulation - period end of story...that's what they're doing at this very nano second...Mustafa said to the citizens, '...3 zero notes...will coexist with the new small category notes. They will be legal tender.' Why Mustafa? Because...it's going to take a little time maybe up to a year or more to retrieve the "mattress dinars" not just from inside of Iraq but from the whole world. You.
11-7-2021 Newshound Guru Sandy Ingram Prime Minister Al-Kazemi "My house was the target of a cowardly attack but thanks to God I and those who work with me are in good health..." There has been continued unrest since the elections in October...there are protests over the results. Pro Iranian groups lost seats in parliament and they have threatened unrest. We find this news to be extremely upsetting...
11-7-2021 Intel Guru MarkZ [via PDK] [...if the CBI was to go international , I would assume they would announce it on a Sunday since their banks are open on Sunday.] I agree with you on that timing…but, it could be different if you look at the history of revaluations. Iraq in the past has liked Tuesdays and Thursdays.
11-6-2021 Intel Guru Frank26 The Governor of the Central Bank of Iraq he came out on Channel 1 Iraqi television and he tells the Iraqi citizens, 'hey, our goal is to take our currency back to the glory days.' That wasn't me. It wasn't any other guru. It was the governor of the Central Bank of Iraq...
11-6-2021 Newshound Guru BobTheTaxMan when you do make the exchange you are gonna want some professional assistance...I highly encourage you to speak with 6 CPA's, 6 financial planners and 6 attorneys when this comes to fruition to make sure you have picked up and done the best you can. The other part is that it slows you down a little bit. Which is what you need to do because there's going to be a lot of energy and confusion when this thing comes to fruition. It gives you a chance to catch your breath, learn more and give yourself the opportunity to become comfortable in asking questions and talking to these professionals. I highly encourage you in doing that.
11-6-2021 Intel Guru MarkZ [via PDK] [I heard there will be no negotiating rates at our exchange. There will be a set rate for us.] Some people think they can go in to the banks and wheel and deal……I am being told the rate is SET. [What are you hearing about the dinar.] I am still hearing a street rate of $4.71 and a international rate of $4.71. I am still hearing there is a contract rate of close to $8 for us.
11-6-2021 Intel Guru Bruce [via WiserNow] ...we do not go into rates much...but...we should have the type of numbers here for a period of time – not forever – but a period of time – that Dr Shabibi suggested at the International Chamber of Commerce meeting in DC in 2012 – 9 years ago...
11-6-2021 Newshound Guru Kaperoni Even if you don't look at the CBI reports several economists (including former deputy CBI governor and the prime minister's advisor Salih) have stated in the media how much dinar is in circulation. And again we know the money supply has not been reduced because the exchange rate is stable in the marketplace. [Post 2 of 2]
11-6-2021 Newshound Guru Kaperoni Iraq has a hundred trillion dinar in circulation. There is no significant overnight RV. Remember one of the functions of the daily currency auction is to maintain stability. That is achieved by a balance in the market of dinar to dollars. Removing one or the other creates demand which affects the exchange rate. The dinar had substantially increased (and not decreased...) since the first of the year due to the reduction in exchange rate to 1470 to $1... [Post 1 of 2....stay tuned]
11-6-2021 Newshound Guru Breitling It's good to have it refreshed in your mind - Why did they lower the value of their currency? So they could pay off their debt. Every country does that. Look at the United States we're going through inflation. People who want to pay off our debt are happy as all get-go because that's what you do. You cheat. You lower the value of your currency and you pay off your debts for dirt cheap...people think there's all kinds of disasters around the corner - it's not what is happening...
11-6-2021 Intel Guru MarkZ [via PDK] We are still seeing slow and steady progress. I had hoped the folks in redemption centers would have been called into work today. They have not yet, as of this morning. They are still on call though…So I am not going to rule it out yet. Everyone is geared up and ready… It is slowly headed our way. I still think they are moving slowly on purpose and may be waiting on a key crunch or event to happen. ...I am very hopeful we will get notifications this week. I feel positive we are close.
11-6-2021 Intel Guru Frank26 We've been telling you for a long time you're far ahead of the curve, that the CBI would come out and show commercials and start explaining everything. You're seeing all that...How come there's nothing in print about what we're telling you that [Firefly Boots-on-the-ground] is being told by the CBI about the lifting of the value of their currency? Why? Why? Why? Because they [the media] were not allowed to ask any questions. You are now going to see questions and answers in print. They'll catch up to you being ahead of the curve once again...starting Sunday, look all over the place...
11-6-2021 Newshound Guru Pimpy They're talking about rate exchange again. Article: "Economist: Reducing The Dollar Exchange Rate Is Exclusively In The Hands Of The Governor Of The Central Bank" The government can't say or demand or do anything to change the exchange rate. That is up to the governor of the central bank. They're totally separate and independent of one another. If the rate is going to change it has to be the governor of the bank not the government or parliament. They can't force the central bank to change the foreign exchange rate. Quote: "Economic expert had previously confirmed that the central bank can gradually reduce the price of the dollar..." This is what I was talking talking about - It's being done in increments.
11-6-2021 Newshound Guru MilitiaMan It is not all about Iraq, it is far bigger than that... So for those that suggest 2022 era for a rate change may be short sited, because the thought that it is only about Iraq is not considering the Digital Transformation that is upon us now, not later... imo.
11-6-2021 Newshound Guru BobTheTaxMan when you do make the exchange you are gonna want some professional assistance...I highly encourage you to speak with 6 CPA's, 6 financial planners and 6 attorneys when this comes to fruition to make sure you have picked up and done the best you can. The other part is that it slows you down a little bit. Which is what you need to do because there's going to be a lot of energy and confusion when this thing comes to fruition. It gives you a chance to catch your breath, learn more and give yourself the opportunity to become comfortable in asking questions and talking to these professionals. I highly encourage you in doing that.
11-6-2021 Intel Guru MarkZ [via PDK] [I heard there will be no negotiating rates at our exchange. There will be a set rate for us.] Some people think they can go in to the banks and wheel and deal……I am being told the rate is SET. [What are you hearing about the dinar.] I am still hearing a street rate of $4.71 and a international rate of $4.71. I am still hearing there is a contract rate of close to $8 for us.
11-6-2021 Intel Guru Bruce [via WiserNow] ...we do not go into rates much...but...we should have the type of numbers here for a period of time – not forever – but a period of time – that Dr Shabibi suggested at the International Chamber of Commerce meeting in DC in 2012 – 9 years ago...
11-6-2021 Newshound Guru Kaperoni Even if you don't look at the CBI reports several economists (including former deputy CBI governor and the prime minister's advisor Salih) have stated in the media how much dinar is in circulation. And again we know the money supply has not been reduced because the exchange rate is stable in the marketplace. [Post 2 of 2]
11-6-2021 Newshound Guru Kaperoni Iraq has a hundred trillion dinar in circulation. There is no significant overnight RV. Remember one of the functions of the daily currency auction is to maintain stability. That is achieved by a balance in the market of dinar to dollars. Removing one or the other creates demand which affects the exchange rate. The dinar had substantially increased (and not decreased...) since the first of the year due to the reduction in exchange rate to 1470 to $1... [Post 1 of 2....stay tuned]
11-6-2021 Newshound Guru Breitling It's good to have it refreshed in your mind - Why did they lower the value of their currency? So they could pay off their debt. Every country does that. Look at the United States we're going through inflation. People who want to pay off our debt are happy as all get-go because that's what you do. You cheat. You lower the value of your currency and you pay off your debts for dirt cheap...people think there's all kinds of disasters around the corner - it's not what is happening...
11-6-2021 Intel Guru MarkZ [via PDK] We are still seeing slow and steady progress. I had hoped the folks in redemption centers would have been called into work today. They have not yet, as of this morning. They are still on call though…So I am not going to rule it out yet. Everyone is geared up and ready… It is slowly headed our way. I still think they are moving slowly on purpose and may be waiting on a key crunch or event to happen. ...I am very hopeful we will get notifications this week. I feel positive we are close.
11-6-2021 Intel Guru Frank26 We've been telling you for a long time you're far ahead of the curve, that the CBI would come out and show commercials and start explaining everything. You're seeing all that...How come there's nothing in print about what we're telling you that [Firefly Boots-on-the-ground] is being told by the CBI about the lifting of the value of their currency? Why? Why? Why? Because they [the media] were not allowed to ask any questions. You are now going to see questions and answers in print. They'll catch up to you being ahead of the curve once again...starting Sunday, look all over the place...
11-6-2021 Newshound Guru Pimpy They're talking about rate exchange again. Article: "Economist: Reducing The Dollar Exchange Rate Is Exclusively In The Hands Of The Governor Of The Central Bank" The government can't say or demand or do anything to change the exchange rate. That is up to the governor of the central bank. They're totally separate and independent of one another. If the rate is going to change it has to be the governor of the bank not the government or parliament. They can't force the central bank to change the foreign exchange rate. Quote: "Economic expert had previously confirmed that the central bank can gradually reduce the price of the dollar..." This is what I was talking talking about - It's being done in increments.
11-6-2021 Newshound Guru MilitiaMan It is not all about Iraq, it is far bigger than that... So for those that suggest 2022 era for a rate change may be short sited, because the thought that it is only about Iraq is not considering the Digital Transformation that is upon us now, not later... imo.
11-5-2021 Intel Guru Frank26 Have you noticed Biden is trying to pass a monster budget that he's working on. It's doesn't make sense mathematically especially when they've already passed a few trillion this year. Now they want to pass 4 trillion - whatever the ridiculous amount. Then he says to you don't worry about it because it's paid for. What? When they ask him how's it paid for...he says well I'm gonna do it with capital gains taxes...the reason why IMO is because he knows the Iraqi dinar is about to go up in value. He knows that there are hundreds of thousands of American citizens that have a lot of dinars so he's going to tax the living daylights out of you...
11-5-2021 Intel Guru Bruce [via WiserNow] ...let’s talk about Iraq – It was said that they will revalue their currency again – they already have something in country that’s pretty strong but they are going to revalue again - either Saturday or Sunday – I think it will may be Saturday but they will have it available on the screen for international trading probably Sunday night...We were told today by certain bankers that we would be looking very good either to be notified possibly over the weekend Sat – Sun but more likely by Monday which is the 8th of November...
11-5-2021 Newshound Guru Breitling Still trying to find out if this window is still open...They're [They were] supposed to come out with an announcement the end of October when they're going to have the meeting and present the report where they can make the decision and all of us are still just sitting here waiting for that ...
11-5-2021 Intel Guru Holly The rv can happen anytime now and we are having all readied to start...All intel points to it slowly but surely funneling down to our turn. Let’s pray that next week actually is the end of this ride...
11-5-2021 Newshound Guru Kaperoni the CBI is educating the citizens and the delete 3 zeros program. That might be but if so it's not what we want to happen. Such an event is a re-domination / LOP which is a neutral event...the only delete 3 zeros talk over the last few weeks in Iraq is colleges hosting seminars / symposiums. Clearly they're discussing a re-denomination/ LOP and the effects. Not a RV. Btw, these are not CBI official conversations but college professors hosting.
11-5-2021 Intel Guru MarkZ ...I wish I had more news. It’s has been very dry and very quiet...there is still progress going on. Redemption contacts, as of this morning, will be “on call” this weekend. They do not know for sure if they will be working or not. ...Everything is poised and ready...it could go at any moment...Iraq contact is saying the earliest they expect to see it is on Sunday.
11-5-2021 Intel Guru Frank26 [Boots-on-the-ground Firefly Iraqi TV report] The television is showing us now older currency. This is different. It's from the late 1940's and they're saying that it was $4.86 and they're telling us these were the glory days. FRANK26: Remember Mustafa said to them a couple days ago, 'we're taking you back to the glory days.' FIREFLY: Saying today's rate must be changed. It must be changed because it's against the people and it hurts them. They're also saying that the reforms at current rate would cost Iraq much money. FRANK26: They already told you there's a new rate coming...a new currency coming to match it. FIREFLY: They're saying Iraq has had many rates of the years and then they show a $3.2 rate also. FRANK26: Every day the governor of the Central Bank of Iraq gets you closer and closer and closer to a date that is written in titanium...
11-5-2021 Newshound Guru Sandy Ingram The wealthy never ever spend the foundation of their wealth. In your case it would be the profits from your Iraqi dinars and/or other foreign currencies. Wealthy people invest their initial profits. The first person they hire is a financial advisor. The second person they hire is a tax professional to make sure Uncle Sam doesn't get large sums [The proper amount so you don't overpay] of their money. If you do anything else you are in the fast lane to going broke.
11-5-2021 Newshound Guru BobTheTaxMan If any of you watched the news today you've seen what appears to be the whole inertia of everything that the Biden administration was wanting to make in their 3.5 budget has been slashed and then recently have even been stabbed...the $10 million cap on our retirement accounts, the stepped up bases being taken away a few other odds and ends that were really concerns for us are now not on the table. Now does that mean that's permanent? No...it could be brought back up but quite frankly I doubt it really seriously. I think that all the plans that we've made before with our IQD plans are going to be very valid. Extremely valid...
11-5-2021 Newshound Guru MilitiaMan Take note that Iraq has a new digital system in place now. We saw proof of that Sunday 10/31/2021... Iraq is not waiting until next year. Rate comes before activation. The same day 10/31/2021 the CBI stated that digital payments are imminent! Thus, the they intend to change the exchange rate, imo. ... they signed a contract with the IMF... In other words, they just may finally have the green light to light up those digital payments and not with a program rate...We shall see. imo There is nothing stopping the CBI now... It is their baby, not the GOIs... imo.
11-5-2021 Intel Guru Bruce [via WiserNow] ...let’s talk about Iraq – It was said that they will revalue their currency again – they already have something in country that’s pretty strong but they are going to revalue again - either Saturday or Sunday – I think it will may be Saturday but they will have it available on the screen for international trading probably Sunday night...We were told today by certain bankers that we would be looking very good either to be notified possibly over the weekend Sat – Sun but more likely by Monday which is the 8th of November...
11-5-2021 Newshound Guru Breitling Still trying to find out if this window is still open...They're [They were] supposed to come out with an announcement the end of October when they're going to have the meeting and present the report where they can make the decision and all of us are still just sitting here waiting for that ...
11-5-2021 Intel Guru Holly The rv can happen anytime now and we are having all readied to start...All intel points to it slowly but surely funneling down to our turn. Let’s pray that next week actually is the end of this ride...
11-5-2021 Newshound Guru Kaperoni the CBI is educating the citizens and the delete 3 zeros program. That might be but if so it's not what we want to happen. Such an event is a re-domination / LOP which is a neutral event...the only delete 3 zeros talk over the last few weeks in Iraq is colleges hosting seminars / symposiums. Clearly they're discussing a re-denomination/ LOP and the effects. Not a RV. Btw, these are not CBI official conversations but college professors hosting.
11-5-2021 Intel Guru MarkZ ...I wish I had more news. It’s has been very dry and very quiet...there is still progress going on. Redemption contacts, as of this morning, will be “on call” this weekend. They do not know for sure if they will be working or not. ...Everything is poised and ready...it could go at any moment...Iraq contact is saying the earliest they expect to see it is on Sunday.
11-5-2021 Intel Guru Frank26 [Boots-on-the-ground Firefly Iraqi TV report] The television is showing us now older currency. This is different. It's from the late 1940's and they're saying that it was $4.86 and they're telling us these were the glory days. FRANK26: Remember Mustafa said to them a couple days ago, 'we're taking you back to the glory days.' FIREFLY: Saying today's rate must be changed. It must be changed because it's against the people and it hurts them. They're also saying that the reforms at current rate would cost Iraq much money. FRANK26: They already told you there's a new rate coming...a new currency coming to match it. FIREFLY: They're saying Iraq has had many rates of the years and then they show a $3.2 rate also. FRANK26: Every day the governor of the Central Bank of Iraq gets you closer and closer and closer to a date that is written in titanium...
11-5-2021 Newshound Guru Sandy Ingram The wealthy never ever spend the foundation of their wealth. In your case it would be the profits from your Iraqi dinars and/or other foreign currencies. Wealthy people invest their initial profits. The first person they hire is a financial advisor. The second person they hire is a tax professional to make sure Uncle Sam doesn't get large sums [The proper amount so you don't overpay] of their money. If you do anything else you are in the fast lane to going broke.
11-5-2021 Newshound Guru BobTheTaxMan If any of you watched the news today you've seen what appears to be the whole inertia of everything that the Biden administration was wanting to make in their 3.5 budget has been slashed and then recently have even been stabbed...the $10 million cap on our retirement accounts, the stepped up bases being taken away a few other odds and ends that were really concerns for us are now not on the table. Now does that mean that's permanent? No...it could be brought back up but quite frankly I doubt it really seriously. I think that all the plans that we've made before with our IQD plans are going to be very valid. Extremely valid...
11-5-2021 Newshound Guru MilitiaMan Take note that Iraq has a new digital system in place now. We saw proof of that Sunday 10/31/2021... Iraq is not waiting until next year. Rate comes before activation. The same day 10/31/2021 the CBI stated that digital payments are imminent! Thus, the they intend to change the exchange rate, imo. ... they signed a contract with the IMF... In other words, they just may finally have the green light to light up those digital payments and not with a program rate...We shall see. imo There is nothing stopping the CBI now... It is their baby, not the GOIs... imo.
11-4-2021 Intel Guru MarkZ [via PDK] ...redemption contacts were told to be on call over the weekend. It would not surprise me to hear them say it will be a couple more weeks…then bam…they just pull the trigger. Stay calm…there is a lot of smoke out there. They may be just waiting for the perfect time to release it.
11-4-2021 Newshound/Intel Guru Walkingstick [via Guru Frank26] The ATMs and the commercials [education] are hot right now. That's a hot subject in Iraq right now. Very hot...IOO the CBI governor has announced to the citizens of Iraq that a change is coming in their monetary reform. That a change is coming in their exchange rate. The change is coming in their currency - He called it 'lower notes'...welcome to the CBI announcing to the Iraqi citizens the introduction of a new currency of a new exchange rate...
11-4-2021 Newshound Guru Breitling Member comment: "One of the gurus is always talking about trillions of dinar out there...You have said on many occasions at last count there were between 5 and 6 billion notes and we were waiting for it to get around 4 billion or less. I think what this guy is trying to figure out is what denominations are out there and came out with trillions." No. What he's doing is taking the M1, M2, M3 [reports]...M1 has the currency - How much physical currency is in circulation. That's in the M1 report. The M2 report is the commodities - gold [etc]... there are 4 separate reports and what he's doing is...talking all those reports and combining them together. What do all those reports [equal] combined together...? Something like 54 trillion in dinar value. He's trying to say there are 54 trillion dinar out there in circulation. He is wrong...
11-4-2021 Intel Guru Frank26 The process that is occurring right now IMO is that the CBI is educating the citizens that they're also going to be removing...3 zero notes and taking them out of circulation. 70% has been collected and they don't want to pump any more 3 zero notes into the money supply...This will cause the citizens...to bring them into the banks... And it takes us to the point where Dr. Shabibi said, 'Our goal is to return our currency back to the glory days.' The glory days were in the 40s...We have the governor Mustafa of the CBI today repeating the same words that Dr. Shabibi said...our goal is to take our currency back to the glory days. To add value to it again. To be a leader in the Middle East...
11-4-2021 Newshound Guru Kaperoni It is...a fact that Iraq has over a hundred trillion dinar in circulation. There is no possible way they could ever significantly RV the dinar. What they can do is redenominate (LOP) the dinar removing trillions to billions. Or....They can build a diverse private sector and allow the dinar to float up gradually over time...gradually removing and reducing the dinar in circulation.
11-4-2021 Intel Guru MarkZ [via PDK] We are still moving forward…just not as quickly as we want...I believe we are right in the midst of it…none of us know exactly what to expect.
11-4-2021 Newshound Guru Pimpy Article: "Iraq pays Kuwait $490 million and is close to closing the compensation file" Iraq is just $629 million away and it is going to be done at the beginning of 2022. [Iraq owed billions at one time.] That will close the compensation files permanently. That means Iraq does not owe Kuwait any more dollars. This is going to go a long way to restore sovereignty and definitely lifting the restrictions off of the Iraqi dinar...
11-4-2021 Intel Guru Holly Some days the news is slow and coming. We are making progress just very slow to roll out at our level. They are being very cautious and making sure there is no interference. Stay strong and keep the faith. There will be no warning when this happens. It just will.
11-4-2021 Intel Guru Fleming ...In the waiting for RV GCR Hell Loop...The misguided Hero, always knocking on the bank’s door, ready for his turn to exchange. Getting the same painful reply to every pitiful request to exchange, hearing only, “Not yet.” ...Yes, the possibility to Redeem for the hundreds of thousands of stalwart heroes in this Redemption endeavor, is 100%...We get to the other side...after the required challenges are handled.
11-4-2021 Newshound/Intel Guru Walkingstick [via Guru Frank26] The ATMs and the commercials [education] are hot right now. That's a hot subject in Iraq right now. Very hot...IOO the CBI governor has announced to the citizens of Iraq that a change is coming in their monetary reform. That a change is coming in their exchange rate. The change is coming in their currency - He called it 'lower notes'...welcome to the CBI announcing to the Iraqi citizens the introduction of a new currency of a new exchange rate...
11-4-2021 Newshound Guru Breitling Member comment: "One of the gurus is always talking about trillions of dinar out there...You have said on many occasions at last count there were between 5 and 6 billion notes and we were waiting for it to get around 4 billion or less. I think what this guy is trying to figure out is what denominations are out there and came out with trillions." No. What he's doing is taking the M1, M2, M3 [reports]...M1 has the currency - How much physical currency is in circulation. That's in the M1 report. The M2 report is the commodities - gold [etc]... there are 4 separate reports and what he's doing is...talking all those reports and combining them together. What do all those reports [equal] combined together...? Something like 54 trillion in dinar value. He's trying to say there are 54 trillion dinar out there in circulation. He is wrong...
11-4-2021 Intel Guru Frank26 The process that is occurring right now IMO is that the CBI is educating the citizens that they're also going to be removing...3 zero notes and taking them out of circulation. 70% has been collected and they don't want to pump any more 3 zero notes into the money supply...This will cause the citizens...to bring them into the banks... And it takes us to the point where Dr. Shabibi said, 'Our goal is to return our currency back to the glory days.' The glory days were in the 40s...We have the governor Mustafa of the CBI today repeating the same words that Dr. Shabibi said...our goal is to take our currency back to the glory days. To add value to it again. To be a leader in the Middle East...
11-4-2021 Newshound Guru Kaperoni It is...a fact that Iraq has over a hundred trillion dinar in circulation. There is no possible way they could ever significantly RV the dinar. What they can do is redenominate (LOP) the dinar removing trillions to billions. Or....They can build a diverse private sector and allow the dinar to float up gradually over time...gradually removing and reducing the dinar in circulation.
11-4-2021 Intel Guru MarkZ [via PDK] We are still moving forward…just not as quickly as we want...I believe we are right in the midst of it…none of us know exactly what to expect.
11-4-2021 Newshound Guru Pimpy Article: "Iraq pays Kuwait $490 million and is close to closing the compensation file" Iraq is just $629 million away and it is going to be done at the beginning of 2022. [Iraq owed billions at one time.] That will close the compensation files permanently. That means Iraq does not owe Kuwait any more dollars. This is going to go a long way to restore sovereignty and definitely lifting the restrictions off of the Iraqi dinar...
11-4-2021 Intel Guru Holly Some days the news is slow and coming. We are making progress just very slow to roll out at our level. They are being very cautious and making sure there is no interference. Stay strong and keep the faith. There will be no warning when this happens. It just will.
11-4-2021 Intel Guru Fleming ...In the waiting for RV GCR Hell Loop...The misguided Hero, always knocking on the bank’s door, ready for his turn to exchange. Getting the same painful reply to every pitiful request to exchange, hearing only, “Not yet.” ...Yes, the possibility to Redeem for the hundreds of thousands of stalwart heroes in this Redemption endeavor, is 100%...We get to the other side...after the required challenges are handled.
11-3-2021 Newshound Guru Sandy Ingram ...It appears the average amount of Iraqi dinars held by individuals is between 1 million to 5 million...the Iraqi dinar rate is holding steady at 1458 IQD to 1 US dollar. We realize there may not be a revalue as much as there may be an increase in value of the Iraqi dinar against the US dollar over a short period or even a longer period of time...
11-3-2021 Newshound Guru Breitling Question: "Do you think we have a window...to mid-November?" Yes, absolutely. This is exactly what these guys are talking about. The only thing we can do is sit back and watch and see what happens. But if it doesn't happen don't let it disrupt your life. Don't get emotional about it...just maintain. Be a professional investor...
11-3-2021 Intel Guru Bob Locke [via PDK] Question: "Are you hearing anything on the RV front?" it is eerily silent right now from everybody that I normally hear from. The last thing I heard is there is a tremendous amount of stuff happening in the background…everything is moving forward…and it can’t be stopped even though it can be delayed. Something in my gut tells me we are very close based on everything I have been told over the last few weeks...But I am curious why it has gotten so quiet right now. I am hoping it is a positive thing…I think we are closer then we have ever been….
11-3-2021 Intel Guru Holly I had a call this morning from a very good contact and my smile is a little bigger… Soon - I hope to be excited… momentum is building! If you look at this as many funnels lined up and money flows through those funnels to another level. Then it flows down through those funnels to another level and so on. It will all get to a level like a horse starting gate. All lined up and waiting for the flood gates to open. That’s where we are getting to. Hold the line! Not much longer!
11-3-2021 Intel Guru Bruce [via WiserNow] ...a lot of things have happened...since last week...we were under the impression that we could look for our toll free numbers and email release here pretty soon... unfortunately things are moving along but not quite that fast for us...the way things are moving – it could be very possible that we get started with notifications either tomorrow [Wednesday] and then maybe get started on Thursday – It’s hard to say – This week is looking good though...I think we are very very close.
11-3-2021 Newshound Guru Pimpy Something big was announced... Article: "US Bank expects oil prices to rise to $120 per barrel" I think it was $45 a barrel projected for the 2020 budget. The 2021 budget either $50 or $55 a barrel...$120 a barrel? This is going to be phenomenal for Iraq. Talk about getting back on your feet in a quick way. This year they were able to get rid of the deficit. Next year if this price stays at where it is or even gets to $120 they will have a surplus. That means more money for the private sector...that's what we want to see...a strong economy create a strong currency. That's what we want.
11-3-2021 Intel Guru MarkZ [via PDK] What little news I have is positive… Things are happening….picking up steam and rolling downhill...The silence has been deafening…Especially in key folks...many are now under an NDA which tells me there is a lot of movement…They are very up front saying "I have an NDA and I’m not going to talk about it”…so things are happening…
11-3-2021 Intel Guru Frank26 [Boots-on-the-ground Firefly Iraqi TV report continued] You are being educated about the removal of the 3 zero notes...soon you will be introduced to the new small category notes which the governor of the Central Bank of Iraq is talking about with the new exchange rate... FIREFLY: We are amazed at all the stuff that we are actually now seeing and at the speed that it's coming to us...I am excited right now because it is the final countdown... [Post 2 of 2]
11-3-2021 Intel Guru Frank26 [Boots-on-the-ground Firefly Iraqi TV report] FIREFLY: They are actually showing us our old currency from the 40s, a 5 from the old days, and then they talk about our current currency and they keep repeating and saying over and over today that the exchange rate needs to be reduced [reduced is the right direction] to help the citizens... FRANK'S RESPONSE: They have to show you the old notes because the old notes used a different exchange rate back then so they have to educate you on why you're getting a new exchange rate and new currency with it. [Post 1 of 2....stay tuned]
11-3-2021 Newshound/Intel Guru Mnt Goat Article: "IRAQ PAYS KUWAIT $490 MILLION AND IS CLOSE TO CLOSING THE COMPENSATION FILE" Quote: "...will work to pay the remaining amount of compensation, estimated at about (629) million dollars, at the beginning of next year 2022, to close the compensation file permanently." Is this what they are waiting for to RV? It may be part of it.
11-3-2021 Intel Guru MarkZ [via PDK] Question: "I am new…confused about the rates…what is a street rate ect...? The street rate in Vietnam, for example is expected to be .47 cents…only in Vietnam. We always expect a lower rate in the country. We are expecting to get a contract rate…or what the rate will eventually settle at, Which I still hear will be somewhere in the low $2 range. Maybe $2.25 or $2.30…We of course will not know the exact rate until we get there. Iraq at one point…the rate was close to $3.22 to $5 US per dinar…. The latest rate we have heard could be around $4.70 or so…Just do the math…If you have a million dinar it could be worth about 4 million 700 thousand post rv…pretty simple. When Kuwait revalued they let it float. It floated up to 9.88 at one point before settling down… It runs about $3 something right now.
11-3-2021 Newshound Guru BobTheTaxMan Question: "When considering bank fees for exchange if you're going to be depositing millions in their bank should a fee be charged for the exchange?" As most of us know the exchange rates are not available at the moment. Each exchange location whether a bank or third party will have their own way of determining these rates. It would pay to ask around but realize nobody right now is going to offer you an answer period.
11-3-2021 Newshound Guru Breitling Question: "Do you think we have a window...to mid-November?" Yes, absolutely. This is exactly what these guys are talking about. The only thing we can do is sit back and watch and see what happens. But if it doesn't happen don't let it disrupt your life. Don't get emotional about it...just maintain. Be a professional investor...
11-3-2021 Intel Guru Bob Locke [via PDK] Question: "Are you hearing anything on the RV front?" it is eerily silent right now from everybody that I normally hear from. The last thing I heard is there is a tremendous amount of stuff happening in the background…everything is moving forward…and it can’t be stopped even though it can be delayed. Something in my gut tells me we are very close based on everything I have been told over the last few weeks...But I am curious why it has gotten so quiet right now. I am hoping it is a positive thing…I think we are closer then we have ever been….
11-3-2021 Intel Guru Holly I had a call this morning from a very good contact and my smile is a little bigger… Soon - I hope to be excited… momentum is building! If you look at this as many funnels lined up and money flows through those funnels to another level. Then it flows down through those funnels to another level and so on. It will all get to a level like a horse starting gate. All lined up and waiting for the flood gates to open. That’s where we are getting to. Hold the line! Not much longer!
11-3-2021 Intel Guru Bruce [via WiserNow] ...a lot of things have happened...since last week...we were under the impression that we could look for our toll free numbers and email release here pretty soon... unfortunately things are moving along but not quite that fast for us...the way things are moving – it could be very possible that we get started with notifications either tomorrow [Wednesday] and then maybe get started on Thursday – It’s hard to say – This week is looking good though...I think we are very very close.
11-3-2021 Newshound Guru Pimpy Something big was announced... Article: "US Bank expects oil prices to rise to $120 per barrel" I think it was $45 a barrel projected for the 2020 budget. The 2021 budget either $50 or $55 a barrel...$120 a barrel? This is going to be phenomenal for Iraq. Talk about getting back on your feet in a quick way. This year they were able to get rid of the deficit. Next year if this price stays at where it is or even gets to $120 they will have a surplus. That means more money for the private sector...that's what we want to see...a strong economy create a strong currency. That's what we want.
11-3-2021 Intel Guru MarkZ [via PDK] What little news I have is positive… Things are happening….picking up steam and rolling downhill...The silence has been deafening…Especially in key folks...many are now under an NDA which tells me there is a lot of movement…They are very up front saying "I have an NDA and I’m not going to talk about it”…so things are happening…
11-3-2021 Intel Guru Frank26 [Boots-on-the-ground Firefly Iraqi TV report continued] You are being educated about the removal of the 3 zero notes...soon you will be introduced to the new small category notes which the governor of the Central Bank of Iraq is talking about with the new exchange rate... FIREFLY: We are amazed at all the stuff that we are actually now seeing and at the speed that it's coming to us...I am excited right now because it is the final countdown... [Post 2 of 2]
11-3-2021 Intel Guru Frank26 [Boots-on-the-ground Firefly Iraqi TV report] FIREFLY: They are actually showing us our old currency from the 40s, a 5 from the old days, and then they talk about our current currency and they keep repeating and saying over and over today that the exchange rate needs to be reduced [reduced is the right direction] to help the citizens... FRANK'S RESPONSE: They have to show you the old notes because the old notes used a different exchange rate back then so they have to educate you on why you're getting a new exchange rate and new currency with it. [Post 1 of 2....stay tuned]
11-3-2021 Newshound/Intel Guru Mnt Goat Article: "IRAQ PAYS KUWAIT $490 MILLION AND IS CLOSE TO CLOSING THE COMPENSATION FILE" Quote: "...will work to pay the remaining amount of compensation, estimated at about (629) million dollars, at the beginning of next year 2022, to close the compensation file permanently." Is this what they are waiting for to RV? It may be part of it.
11-3-2021 Intel Guru MarkZ [via PDK] Question: "I am new…confused about the rates…what is a street rate ect...? The street rate in Vietnam, for example is expected to be .47 cents…only in Vietnam. We always expect a lower rate in the country. We are expecting to get a contract rate…or what the rate will eventually settle at, Which I still hear will be somewhere in the low $2 range. Maybe $2.25 or $2.30…We of course will not know the exact rate until we get there. Iraq at one point…the rate was close to $3.22 to $5 US per dinar…. The latest rate we have heard could be around $4.70 or so…Just do the math…If you have a million dinar it could be worth about 4 million 700 thousand post rv…pretty simple. When Kuwait revalued they let it float. It floated up to 9.88 at one point before settling down… It runs about $3 something right now.
11-3-2021 Newshound Guru BobTheTaxMan Question: "When considering bank fees for exchange if you're going to be depositing millions in their bank should a fee be charged for the exchange?" As most of us know the exchange rates are not available at the moment. Each exchange location whether a bank or third party will have their own way of determining these rates. It would pay to ask around but realize nobody right now is going to offer you an answer period.
11-2-2021 Intel Guru MarkZ [via PDK] An article out of Iraq recently reaffirmed that in the very near future Iraq will have one of the most valuable currencies in the world…for that to happen it will be revalued more than the other currencies in the region…those currencies average at least around $3…And this article came out in Iraq just this week.
11-2-2021 Newshound/Intel Guru Mnt Goat ...in today’s news a government official comments on changing the dollar exchange rate after the rise in the oil price. ...They are again talking about why it is so important to get the CBI reserves yet higher. I believe they are already where they need to be now...
11-2-2021 Newshound Guru Breitling I wish it wasn't 7 years. I wish it would have revalued by now. But here we are. No less it's still a huge opportunity. It's a major opportunity. And I'm not getting out.
11-2-2021 Newshound Guru Sandy Ingram One of our major concerns was eliminated last week when we learned Iraq is becoming certified or has been assessed/reviewed to do business with the international banks on a global level. We are hoping this means that certain banks in the US and around the world will accept and exchange the Iraqi dinar. However until they announce this option we must wait and see.
11-2-2021 Newshound Guru Pimpy Article: "Sadr bloc of losing forces: No power sharing this time" Let's hope this guy is sincere about changing the Iraqi dinar exchange [rate]...let's hope he is truly for the people...looks like Sadr is putting the smack-down on people. He's hell bent on controlling everything himself...he means business.
11-2-2021 Intel Guru MarkZ [via PDK] ...My contractor in Iraq still does not have full access to his dollars from when they were paid mid October…he expects full access this week even though they were told it would happen on the 28th….which did not happen yet…
11-2-2021 Newshound Guru Militiaman Article: "Mazhar Saleh : The rise in oil prices revives investment... and the financial surplus to reduce unemployment" This is part of the security they need to support the value of the DINAR... They are mentioning that to restart the projects at the current dollar exchange rate would be an additional cost to the state. Hence, support again for the new exchange rate to be implemented now and not later...
11-2-2021 Intel Guru Frank26 Mustafa, the governor of the Central Bank of Iraq, came out and told the Iraqi citizens about 4 days days ago we are taking your currency back to the glory days...the CBI shows inflation is under control...the GOI showing that we have security and stability because of the military and the leadership with Kazemi and now we have the governor of the Central Bank of Iraq repeating the same words that were said...11 years ago [by Shabibi]. That is a full circle.
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11-2-2021 Intel Guru Holly ...RV update: ...There has been a lot of positive news that things should begin today...The end is near!
11-2-2021 Newshound Guru Kaperoni Over the past year...there has been significant progress in creating a suitable business environment in Iraq. Although there is a lot of work yet to do including passing many laws. So I am optimistic the dinar will eventually gradually via a float rise in value.
11-2-2021 Newshound/Intel Guru Mnt Goat ...in today’s news a government official comments on changing the dollar exchange rate after the rise in the oil price. ...They are again talking about why it is so important to get the CBI reserves yet higher. I believe they are already where they need to be now...
11-2-2021 Newshound Guru Breitling I wish it wasn't 7 years. I wish it would have revalued by now. But here we are. No less it's still a huge opportunity. It's a major opportunity. And I'm not getting out.
11-2-2021 Newshound Guru Sandy Ingram One of our major concerns was eliminated last week when we learned Iraq is becoming certified or has been assessed/reviewed to do business with the international banks on a global level. We are hoping this means that certain banks in the US and around the world will accept and exchange the Iraqi dinar. However until they announce this option we must wait and see.
11-2-2021 Newshound Guru Pimpy Article: "Sadr bloc of losing forces: No power sharing this time" Let's hope this guy is sincere about changing the Iraqi dinar exchange [rate]...let's hope he is truly for the people...looks like Sadr is putting the smack-down on people. He's hell bent on controlling everything himself...he means business.
11-2-2021 Intel Guru MarkZ [via PDK] ...My contractor in Iraq still does not have full access to his dollars from when they were paid mid October…he expects full access this week even though they were told it would happen on the 28th….which did not happen yet…
11-2-2021 Newshound Guru Militiaman Article: "Mazhar Saleh : The rise in oil prices revives investment... and the financial surplus to reduce unemployment" This is part of the security they need to support the value of the DINAR... They are mentioning that to restart the projects at the current dollar exchange rate would be an additional cost to the state. Hence, support again for the new exchange rate to be implemented now and not later...
11-2-2021 Intel Guru Frank26 Mustafa, the governor of the Central Bank of Iraq, came out and told the Iraqi citizens about 4 days days ago we are taking your currency back to the glory days...the CBI shows inflation is under control...the GOI showing that we have security and stability because of the military and the leadership with Kazemi and now we have the governor of the Central Bank of Iraq repeating the same words that were said...11 years ago [by Shabibi]. That is a full circle.
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11-2-2021 Intel Guru Holly ...RV update: ...There has been a lot of positive news that things should begin today...The end is near!
11-2-2021 Newshound Guru Kaperoni Over the past year...there has been significant progress in creating a suitable business environment in Iraq. Although there is a lot of work yet to do including passing many laws. So I am optimistic the dinar will eventually gradually via a float rise in value.
11-1-2021 Newshound Guru Militiaman That will imo require Article 8 compliance and New Small Category Notes to facilitate trade down to the street vendors. There will be new digital equipment necessary to facilitate the new systems, new equipment in place now. They ANNOUNCED they launched the new system... They also are now and have been talking about the change of the exchange rate...The GOI is to approve of an exchange rate change and they clearly seem to be. The job of lifting the exchange of the Dinar to the Dollar is the CBIs job... I like what we see here and the timing couldn't be better... imo [Post 2 of 2]
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11-1-2021 Newshound Guru Militiaman Article: "Enrollment and digital transformation". The Central Bank has ANNOUNCED that they integrated the new digital system. The system is to make way for a cash less society. Not a no cash society. Therefore, the implications suggest they'll be changing the exchange rate to reflect an internationally accepted rate that will be or is now digitized. [Post 1 of 2....stay tuned]
11-1-2021 Intel Guru MarkZ [via PDK] [Will UK Redemption be the same time as redemptions in the US?] Yes, Expect them to happen at the same time. All over the world it is expected to go the same time as the US.
11-1-2021 Intel Guru Holly We are closer than ever! Hold the line and keep the faith! ...Reports state that the First basket contains: ... Iraqi Dinar (IQD), Vietnamese Dong (VND)...
11-1-2021 Guest Guru Deepwoodz Article "A government comment on the change in the dollar exchange rate after the rise in oil" It makes perfect sense that the digital transformation is the key...This kind of SECURITY is also a must have… to allow for the transparency they’ve harped on and also to prevent theft of the most valuable currency in the world. If it isn’t yet, it soon will be...Saleh lists pre-requisites for the rate to change, he DID NOT say anything about seating the new government or passing any laws...Nothing has stopped. Lava don’t stop for nothing!...Iraq has almost graduated from a third world country into the modern era...
11-1-2021 Newshound Guru Clare Article: "A government comment on the change in the dollar exchange rate after the rise in oil" Excellent!!! IMO
11-1-2021 Intel Guru MarkZ [via PDK] [So, you think this is our month?] Yes…But I didn’t think we would get out of September with the RV/GCR... yes, I feel like this could finally be our month.
11-1-2021 Newshound Guru Samson Article: "The Sadrist movement reveals a trend regarding the dollar exchange rate" Quote "the rise in oil prices in the global market will be enough to provide financial abundance, instead of resorting to raising the exchange rate of the [U.S.] dollar [Which would be the same as lowering the rate of the dinar], this is the economic solution..."
11-1-2021 Newshound Guru BobTheTaxMan Question: "Where will you go to exchange?" There are several options...it will be up to you to locate, compare and exchange unless you elect to put your IQD in a vaulting service and let them do the exchange for you. There are lots of benefits. Security, speed, ease - in doing it that way...
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11-1-2021 Newshound Guru Militiaman Article: "Enrollment and digital transformation". The Central Bank has ANNOUNCED that they integrated the new digital system. The system is to make way for a cash less society. Not a no cash society. Therefore, the implications suggest they'll be changing the exchange rate to reflect an internationally accepted rate that will be or is now digitized. [Post 1 of 2....stay tuned]
11-1-2021 Intel Guru MarkZ [via PDK] [Will UK Redemption be the same time as redemptions in the US?] Yes, Expect them to happen at the same time. All over the world it is expected to go the same time as the US.
11-1-2021 Intel Guru Holly We are closer than ever! Hold the line and keep the faith! ...Reports state that the First basket contains: ... Iraqi Dinar (IQD), Vietnamese Dong (VND)...
11-1-2021 Guest Guru Deepwoodz Article "A government comment on the change in the dollar exchange rate after the rise in oil" It makes perfect sense that the digital transformation is the key...This kind of SECURITY is also a must have… to allow for the transparency they’ve harped on and also to prevent theft of the most valuable currency in the world. If it isn’t yet, it soon will be...Saleh lists pre-requisites for the rate to change, he DID NOT say anything about seating the new government or passing any laws...Nothing has stopped. Lava don’t stop for nothing!...Iraq has almost graduated from a third world country into the modern era...
11-1-2021 Newshound Guru Clare Article: "A government comment on the change in the dollar exchange rate after the rise in oil" Excellent!!! IMO
11-1-2021 Intel Guru MarkZ [via PDK] [So, you think this is our month?] Yes…But I didn’t think we would get out of September with the RV/GCR... yes, I feel like this could finally be our month.
11-1-2021 Newshound Guru Samson Article: "The Sadrist movement reveals a trend regarding the dollar exchange rate" Quote "the rise in oil prices in the global market will be enough to provide financial abundance, instead of resorting to raising the exchange rate of the [U.S.] dollar [Which would be the same as lowering the rate of the dinar], this is the economic solution..."
11-1-2021 Newshound Guru BobTheTaxMan Question: "Where will you go to exchange?" There are several options...it will be up to you to locate, compare and exchange unless you elect to put your IQD in a vaulting service and let them do the exchange for you. There are lots of benefits. Security, speed, ease - in doing it that way...
10-31-2021 Newshound Guru Breitling We do an embargo on them. In other words their market share is shrinking. We're taking away their wealth. So that's what Iran will do to Iraq . They will make sure their markets don't grow. And that's why you want to get out if indeed that happens and it goes down that route. You want to get out of that currency as quickly as possible. Because...the first thing that comes is destroying their currency. And then they have to be that much more dependent on Iran ... [Post 2 of 2]
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10-31-2021 Newshound Guru Breitling Question: "Can you clarify the statement you made regarding exchanging the dinar as soon as possible in relation to things going sideways because of Iran 's influence and the RV? What should we as investors look for?" If Iran starts to get heavy-handed in the region then Iraq is going to add value to their currency. They will. That's not going to stop. But how does Iran take that power away from Iraq ? What do they need to do? What does the United States do to Iran ? [Post 1 of 2....stay tuned]
10-31-21 Intel Guru Holly ...We are so close to all things happening. We have never been this close...
10-31-2021 Newshound Guru BobTheTaxMan Question: "Will there be a time limit to exchange?" Likely not. It would be no difference than it is right here.
10-31-2021 Newshound Guru Kaperoni I can't state it enough, never put your dinar in anyone else's hands to manage or exchange on your behalf you will never see it again. Theft has been going on for years and this is just an attempt at stealing your dinar...crooks are relentless at making up scams to acquire your dinar dating back to flying people to Reno NV to meet with scam artists pretending they were bankers
10-31-2021 Newshound Guru Sandy Ingram Article: "Iraq election body soon to announce final results after recount" Finally Iraq is almost ready to announce the results of the election after a recount.
10-31-2021 Newshound/Intel Guru Mnt Goat "At the bank branch of the Central Bank in the province of Basra, the delegation was keen to meet the staff of the branch and discuss the most important organizational matters in the work of the branch. The branch displayed large images of past and current dinars...a 1947 Dinar note with King Faisal II was shown in the Basra branch of the Central bank display. Why did they highlight this past dinar note? Look at the rate for the dinar during that time period. It's $4.86. Go figure! I do not believe in coincidences..." {see Iraqi dinar exchange rate history graph below}
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10-31-2021 Newshound Guru Breitling Question: "Can you clarify the statement you made regarding exchanging the dinar as soon as possible in relation to things going sideways because of Iran 's influence and the RV? What should we as investors look for?" If Iran starts to get heavy-handed in the region then Iraq is going to add value to their currency. They will. That's not going to stop. But how does Iran take that power away from Iraq ? What do they need to do? What does the United States do to Iran ? [Post 1 of 2....stay tuned]
10-31-21 Intel Guru Holly ...We are so close to all things happening. We have never been this close...
10-31-2021 Newshound Guru BobTheTaxMan Question: "Will there be a time limit to exchange?" Likely not. It would be no difference than it is right here.
10-31-2021 Newshound Guru Kaperoni I can't state it enough, never put your dinar in anyone else's hands to manage or exchange on your behalf you will never see it again. Theft has been going on for years and this is just an attempt at stealing your dinar...crooks are relentless at making up scams to acquire your dinar dating back to flying people to Reno NV to meet with scam artists pretending they were bankers
10-31-2021 Newshound Guru Sandy Ingram Article: "Iraq election body soon to announce final results after recount" Finally Iraq is almost ready to announce the results of the election after a recount.
10-31-2021 Newshound/Intel Guru Mnt Goat "At the bank branch of the Central Bank in the province of Basra, the delegation was keen to meet the staff of the branch and discuss the most important organizational matters in the work of the branch. The branch displayed large images of past and current dinars...a 1947 Dinar note with King Faisal II was shown in the Basra branch of the Central bank display. Why did they highlight this past dinar note? Look at the rate for the dinar during that time period. It's $4.86. Go figure! I do not believe in coincidences..." {see Iraqi dinar exchange rate history graph below}
Iraqi Dinar Exchange Rate History
10-31-2021 Intel Guru Bruce [via WiserNow] My understanding is that in Iraq the lower denominations are already out – already in use – through their ATM’s and through their banks...
10-30-2021 Newshound/Intel Guru Mnt Goat In today’s news we hear that Sadr’s movement for the future is the “quest during the next stage to change the exchange rate of the dollar against the Iraqi dinar”. This is very good news since now we know Sadr is in favor of increasing the rate of the dinar and will support it as his candidate for prime minister must then support it too. But let’s not make a mountain out of a grain of sand and go off half-cocked thinking this means it is going to RV any day now.
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10-30-2021 Intel Guru MarkZ [via PDK] I did speak to a number of bankers and something is afoot. They are looking at this point for Monday or Tuesday new values in all of my redemption centers…it’s going to be a nervous weekend…I did not expect this much news overnight…. I did not expect this much news until Monday...I am praying nothing stops, derails or slows this all down. It looks like by the time we get into Tuesday we will know people with dollars...it is not rolling out exactly like I thought it would...
10-30-2021 Intel Guru BobTheTaxMan Question: "How much time will we have when the RV happens?" Great question. There are no indicators that we will need to rush...I don't see any reason for anybody to rush at this point in time.
10-30-2021 Newshound Guru Kaperoni Looks like Al-Maliki's party will form the largest bloc. Al-Maliki then will be the one who chooses who is the next prime minister of Iraq. He is already stated in public that it will not be him. Time will tell...This...is very concerning. It is pretty well known that he is involved with corruption, has Iranian ties. He also had people working in the CBI funneling money from the auctions back when Shabibi was running it. If this all ends up being true and Al-Maliki and his State of Law coalition along with others form the largest bloc, I see this as a pretty significant setback to economic growth over the next few years.
10-30-2021 Newshound Guru Pimpy Article "The Central Bank reveals a new strategy and announces an increase in its foreign reserves" The more it increases its foreign reserves the stronger it helps with their Iraqi dinar.
10-30-2021 Intel Guru MarkZ [via PDK] Based on the chatter from Miami and Reno and Iraq…things are moving forward quickly... Many reports that bank branches are down, ...There is something afoot in a big way...in Iraq – it looks like they are going to be “down” for 7 days. They could be trying to roll this out like they did Kuwait right now. We are hearing out of Iraq that they are moving forward…and the lower denominations are being announced on televisions…I am waiting for some translations to know 100%...It is very interesting what we are watching going on...This has been unreal.
10-30-2021 Guest Guru Godlover Laws...period. The new parliament will need to pass the 2022 budget. I know many will say that this is up to the CBI. Yes the CBI is in control of the rate...but the rate needs the budget. I have heard so many times that the budget needs the rate...that is fine, but that would also imply the rate needs the budget. You cannot have one & not the other. Everything monetary is based off of a budget...a budget seen or not...when they approve the 2022 budget & then open it, we all hope & pray the new rate is within it. My thinking is a new rate should all happen prior to voting on the 2022 budget...
10-30-2021 Newshound Guru Clare NO ONE KNOWS THE DATE...THE CHASING A DATE HAS TO STOP! THE CALLING A DATE HAS TO STOP! WE ARE MOST DEFINITELY AT THE END! ...WHEN WILL IT SHOW? I DO NOT KNOW...THEY DO NOT HAVE TO TELL US THAT. BUT DON'T FORGET SADR DID SAY IT...THIS IS ONE OF THE GREATEST INVESTMENTS OF OUR LIFETIME IMO! LET'S BE GRATEFUL AND WAIT FOR IT TO SHOW A BIT LONGER...WHATEVER DAY THAT IS...
10-30-2021 Intel Guru Bruce [via WiserNow] I know that things are very quiet – I know the redemption centers staff were off today ...they go back to a 1 hour on call status (Friday) [10-29-21] ...that means they could be called in with an hours’ notice to set appointments and possibly do exchanges ...that is a slightly new time situation they are in now...they have been off the past 5-6 days - in the redemption centers...
10-30-2021 Newshound/Intel Guru Mnt Goat So, these rumors about Iraq having loaded the ATMs with the lower denomination are TRUE...Yes, there are lower denominations in the ATMS as they are the 250, 500 and 1000 dinar notes. This is nothing new and they have been used in the ATMS for years already...But these are not the notes we want to see in the ATMs. Remember they can’t just load the lower denominations that we expect in the ATMs and then not use the ATMs until the RV happens.
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10-30-2021 Intel Guru MarkZ [via PDK] I did speak to a number of bankers and something is afoot. They are looking at this point for Monday or Tuesday new values in all of my redemption centers…it’s going to be a nervous weekend…I did not expect this much news overnight…. I did not expect this much news until Monday...I am praying nothing stops, derails or slows this all down. It looks like by the time we get into Tuesday we will know people with dollars...it is not rolling out exactly like I thought it would...
10-30-2021 Intel Guru BobTheTaxMan Question: "How much time will we have when the RV happens?" Great question. There are no indicators that we will need to rush...I don't see any reason for anybody to rush at this point in time.
10-30-2021 Newshound Guru Kaperoni Looks like Al-Maliki's party will form the largest bloc. Al-Maliki then will be the one who chooses who is the next prime minister of Iraq. He is already stated in public that it will not be him. Time will tell...This...is very concerning. It is pretty well known that he is involved with corruption, has Iranian ties. He also had people working in the CBI funneling money from the auctions back when Shabibi was running it. If this all ends up being true and Al-Maliki and his State of Law coalition along with others form the largest bloc, I see this as a pretty significant setback to economic growth over the next few years.
10-30-2021 Newshound Guru Pimpy Article "The Central Bank reveals a new strategy and announces an increase in its foreign reserves" The more it increases its foreign reserves the stronger it helps with their Iraqi dinar.
10-30-2021 Intel Guru MarkZ [via PDK] Based on the chatter from Miami and Reno and Iraq…things are moving forward quickly... Many reports that bank branches are down, ...There is something afoot in a big way...in Iraq – it looks like they are going to be “down” for 7 days. They could be trying to roll this out like they did Kuwait right now. We are hearing out of Iraq that they are moving forward…and the lower denominations are being announced on televisions…I am waiting for some translations to know 100%...It is very interesting what we are watching going on...This has been unreal.
10-30-2021 Guest Guru Godlover Laws...period. The new parliament will need to pass the 2022 budget. I know many will say that this is up to the CBI. Yes the CBI is in control of the rate...but the rate needs the budget. I have heard so many times that the budget needs the rate...that is fine, but that would also imply the rate needs the budget. You cannot have one & not the other. Everything monetary is based off of a budget...a budget seen or not...when they approve the 2022 budget & then open it, we all hope & pray the new rate is within it. My thinking is a new rate should all happen prior to voting on the 2022 budget...
10-30-2021 Newshound Guru Clare NO ONE KNOWS THE DATE...THE CHASING A DATE HAS TO STOP! THE CALLING A DATE HAS TO STOP! WE ARE MOST DEFINITELY AT THE END! ...WHEN WILL IT SHOW? I DO NOT KNOW...THEY DO NOT HAVE TO TELL US THAT. BUT DON'T FORGET SADR DID SAY IT...THIS IS ONE OF THE GREATEST INVESTMENTS OF OUR LIFETIME IMO! LET'S BE GRATEFUL AND WAIT FOR IT TO SHOW A BIT LONGER...WHATEVER DAY THAT IS...
10-30-2021 Intel Guru Bruce [via WiserNow] I know that things are very quiet – I know the redemption centers staff were off today ...they go back to a 1 hour on call status (Friday) [10-29-21] ...that means they could be called in with an hours’ notice to set appointments and possibly do exchanges ...that is a slightly new time situation they are in now...they have been off the past 5-6 days - in the redemption centers...
10-30-2021 Newshound/Intel Guru Mnt Goat So, these rumors about Iraq having loaded the ATMs with the lower denomination are TRUE...Yes, there are lower denominations in the ATMS as they are the 250, 500 and 1000 dinar notes. This is nothing new and they have been used in the ATMS for years already...But these are not the notes we want to see in the ATMs. Remember they can’t just load the lower denominations that we expect in the ATMs and then not use the ATMs until the RV happens.
10-29-2021 Intel Guru MarkZ [via PDK] [Did your Iraqi contractors get paid yesterday?] My contractor guys who were expecting full use of those funds yesterday, were now told they would not have full access until Sunday or Monday. I think that tells us a lot on what they expect our weekend to be like. Sounds like Trick or Treat is the big question for our weekend.
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10-29-2021 Intel Guru Bruce [via WiserNow] ...it has been very quiet...the bankers are quiet...kind of a gag order...a lot of them are under NDA’s – some of the other people we talked to are laying low...I don’t know if we’re going to get this before the weekend...this Monday November 1st could be a different story all together...we are very very close – so I am not going to write off the weekend yet – let’s see if something magical happens tonight...A lot of good things are going to be happening very soon...
10-29-2021 Newshound Guru BobTheTaxMan Question: "I'm struggling to find a bank that will exchange the IQD?" Obviously. None of them will at this point in time. Question Continues "...is that because it doesn't have any value yet?" Banks and other exchange services simply don't have an answer at the moment. However, considerations I might suggest is putting your IQD in a vaulting service...they will actually do the exchange for you once the RV happens after you determine the rate acceptable to you. What's the advantage of that? First of all safety, ease, comfort. They already have several sources where they have a private agreement with...including a bank...that's a serious consideration to take a look-see at. [NOTE: Due your due diligence and consult your financial advisors before committing to any financial services.]
10-29-2021 Newshound/Intel Guru Mnt Goat What do we know for sure? There is an overall long-term plan or strategy of the Central Bank of Iraq (CBI) when it comes to implementing reforms for the monetary policy for the dinar. They have told us this plan way back in 2011. What we don’t know fully is the timing of the execution of the plan. I mean “fully” because we do know some pieces and we have already witnessed them playout. So we know they are working towards their stated goal of reviving the Iraqi dinar back to it’s “glory days”. Remember years ago when they used this term?
10-29-2021 Newshound Guru Pimpy Oil price is rising which is what you want. It's now up to $85.72 - help generate more revenue for Iraq which means IMO let's go ahead and restore the old rates at the very least going into this next year.
10-29-2021 Intel Guru MarkZ [via PDK] A lot of people are out there “Chicken Littleing” because we havn’t seen it yet. I’m not worried because we are seeing steady progress. Its curious timing that Biden is out of town this week…we were told years ago the potus would be out of the country during the reset…very interesting timing. My belly is telling me [we are close].
10-29-2021 Intel Guru Fleming ...We have been asked to remain quiet and so we are watching what is going on for the moment...The main problem has been that they are trying to tax an event that is non-taxable. No one knows the rates...
10-29-2021 Newshound Guru Breitling Question "Would a currency seller be a better or more immediate option?" As far as a currency dealer verses a bank you go with who will exchange it for the best rate. It's that simple. Who can exchange it for the best rate.
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10-29-2021 Intel Guru Bruce [via WiserNow] ...it has been very quiet...the bankers are quiet...kind of a gag order...a lot of them are under NDA’s – some of the other people we talked to are laying low...I don’t know if we’re going to get this before the weekend...this Monday November 1st could be a different story all together...we are very very close – so I am not going to write off the weekend yet – let’s see if something magical happens tonight...A lot of good things are going to be happening very soon...
10-29-2021 Newshound Guru BobTheTaxMan Question: "I'm struggling to find a bank that will exchange the IQD?" Obviously. None of them will at this point in time. Question Continues "...is that because it doesn't have any value yet?" Banks and other exchange services simply don't have an answer at the moment. However, considerations I might suggest is putting your IQD in a vaulting service...they will actually do the exchange for you once the RV happens after you determine the rate acceptable to you. What's the advantage of that? First of all safety, ease, comfort. They already have several sources where they have a private agreement with...including a bank...that's a serious consideration to take a look-see at. [NOTE: Due your due diligence and consult your financial advisors before committing to any financial services.]
10-29-2021 Newshound/Intel Guru Mnt Goat What do we know for sure? There is an overall long-term plan or strategy of the Central Bank of Iraq (CBI) when it comes to implementing reforms for the monetary policy for the dinar. They have told us this plan way back in 2011. What we don’t know fully is the timing of the execution of the plan. I mean “fully” because we do know some pieces and we have already witnessed them playout. So we know they are working towards their stated goal of reviving the Iraqi dinar back to it’s “glory days”. Remember years ago when they used this term?
10-29-2021 Newshound Guru Pimpy Oil price is rising which is what you want. It's now up to $85.72 - help generate more revenue for Iraq which means IMO let's go ahead and restore the old rates at the very least going into this next year.
10-29-2021 Intel Guru MarkZ [via PDK] A lot of people are out there “Chicken Littleing” because we havn’t seen it yet. I’m not worried because we are seeing steady progress. Its curious timing that Biden is out of town this week…we were told years ago the potus would be out of the country during the reset…very interesting timing. My belly is telling me [we are close].
10-29-2021 Intel Guru Fleming ...We have been asked to remain quiet and so we are watching what is going on for the moment...The main problem has been that they are trying to tax an event that is non-taxable. No one knows the rates...
10-29-2021 Newshound Guru Breitling Question "Would a currency seller be a better or more immediate option?" As far as a currency dealer verses a bank you go with who will exchange it for the best rate. It's that simple. Who can exchange it for the best rate.
10-28-2021 Intel Guru MarkZ [via PDK] Don’t know if there was a hiccup or a hitch…but things still seem to be well underway. This juggernaut is rolling down the hill and rolling our way. I have reached out to contacts in Iraq today to find out if contractors were able to free up dollars…but unfortunately it was too late in the day…I did not get an answer yet. I hope to have an answer to you by tomorrow morning.
10-28-2021 Newshound Guru Militiaman ...I presume the questions are whirling around as to time and amounts? All I can say to that is they suggest digitization is upon us, so time is short.. As for valuations, that is a tricky topic as valuations depend on so many things. But, let’s just say they did tell us they want to go back to the previous era.. Well an era is a long time ago, not recent history. Glory days comes to mind.. Oil is not $45.. lol
10-28-2021 Intel Guru Holly ...We are moving closer to the end of this and the beginning of all things we have waited for...Stay the course. The best is yet to come...
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10-28-2021 Newshound Guru Pimpy A new contestant has entered into the royal rumble and this is not one that you want to be playing. Guess who is making themselves known. Yep ISIS. Article: "The Diyala attack left a massacre...the result was 12 casualties and 15 wounded" ...we don't want ISIS there. Iraq has taken big strides to get back on track. They have done great things to get back onto the international scene...this is just a small attack but let's hope this does not escalate. I'm really troubled about what happened to Afghanistan...we don't want that to happen [in Iraq]. We want stability there...
10-28-2021 Newshound Guru BobTheTaxMan Question: "If I exchange IQD in the first quarter will I owe taxes on the exchange in the second quarter?" The taxes are due in the quarter you have the gain. For example: If you the exchange happened in February you have to pay the taxes due, both the federal and the state, by March 31st... [NOTE: Consult your tax professional at the appropriate time for assistance in paying the right amount of tax for your situation.]
10-28-2021 Intel Guru MarkZ [via PDK] We are so close guys…there is so much happening…so much I am being leaned on not to say…I am still hearing great stuff…There is a lot happening that I was verbally asked not to repeat. I was asked to acknowledge that they consider this as an NDA. I am really not sure at this point what I should or shouldn’t say. So I am going to hold back today. I will share there is no negative news. All the news is very positive. It appears they are working through all the hoops. Dotting the I’s and crossing the t’s. I will leave it there for my own safety. It would really suck not to be able to exchange myself.
10-28-2021 Newshound Guru Breitling Question: "After the IQD RVs do you believe the banks will exchange immediately or will they wait until the currency stabilizes?" No they will trade immediately.
10-28-2021 Newshound/Intel Guru Mnt Goat Article: "THE CENTRAL BANK OF IRAQ: A LIST OF IRAQI BANKS THAT HAVE OBTAINED THE CLASSIFICATION OF ACCREDITED INTERNATIONAL AGENCIES" Why would they do all this work to establish their international banking ability and to get all these ratings if they did not intent to trade and use the Iraq dinar internationally?...It’s coming…
10-28-2021 Intel Guru Holly Most have been quiet and have moved in position and continue to do so. All currency test runs done. HSBC will lead the process. US on full Alert for the redemption process...I will say we are close to our blessing. It is all getting ready to be at our level.
10-28-2021 Newshound Guru Militiaman ...I presume the questions are whirling around as to time and amounts? All I can say to that is they suggest digitization is upon us, so time is short.. As for valuations, that is a tricky topic as valuations depend on so many things. But, let’s just say they did tell us they want to go back to the previous era.. Well an era is a long time ago, not recent history. Glory days comes to mind.. Oil is not $45.. lol
10-28-2021 Intel Guru Holly ...We are moving closer to the end of this and the beginning of all things we have waited for...Stay the course. The best is yet to come...
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10-28-2021 Newshound Guru Pimpy A new contestant has entered into the royal rumble and this is not one that you want to be playing. Guess who is making themselves known. Yep ISIS. Article: "The Diyala attack left a massacre...the result was 12 casualties and 15 wounded" ...we don't want ISIS there. Iraq has taken big strides to get back on track. They have done great things to get back onto the international scene...this is just a small attack but let's hope this does not escalate. I'm really troubled about what happened to Afghanistan...we don't want that to happen [in Iraq]. We want stability there...
10-28-2021 Newshound Guru BobTheTaxMan Question: "If I exchange IQD in the first quarter will I owe taxes on the exchange in the second quarter?" The taxes are due in the quarter you have the gain. For example: If you the exchange happened in February you have to pay the taxes due, both the federal and the state, by March 31st... [NOTE: Consult your tax professional at the appropriate time for assistance in paying the right amount of tax for your situation.]
10-28-2021 Intel Guru MarkZ [via PDK] We are so close guys…there is so much happening…so much I am being leaned on not to say…I am still hearing great stuff…There is a lot happening that I was verbally asked not to repeat. I was asked to acknowledge that they consider this as an NDA. I am really not sure at this point what I should or shouldn’t say. So I am going to hold back today. I will share there is no negative news. All the news is very positive. It appears they are working through all the hoops. Dotting the I’s and crossing the t’s. I will leave it there for my own safety. It would really suck not to be able to exchange myself.
10-28-2021 Newshound Guru Breitling Question: "After the IQD RVs do you believe the banks will exchange immediately or will they wait until the currency stabilizes?" No they will trade immediately.
10-28-2021 Newshound/Intel Guru Mnt Goat Article: "THE CENTRAL BANK OF IRAQ: A LIST OF IRAQI BANKS THAT HAVE OBTAINED THE CLASSIFICATION OF ACCREDITED INTERNATIONAL AGENCIES" Why would they do all this work to establish their international banking ability and to get all these ratings if they did not intent to trade and use the Iraq dinar internationally?...It’s coming…
10-28-2021 Intel Guru Holly Most have been quiet and have moved in position and continue to do so. All currency test runs done. HSBC will lead the process. US on full Alert for the redemption process...I will say we are close to our blessing. It is all getting ready to be at our level.
10-27-2021 Intel Guru Bruce [via WiserNow] I’m looking for the timing and trying to get as close to the actual release times as we can get to bring you intel that is accurate – I glean through everything that I hear and try to formulate a way to present it to you in some type of timeline...I think...we are looking good...from noon to 4 PM on Thursday...as a likely window for us to get notified... the funds for us are at the banks ready to go – they have been there for about 10 days now – and so we are lined up...So do what you need to do to get ready...
10-27-2021 Newshound Guru Kaperoni Building an economy / private sector improves Iraq's economy in all phases...manufacturing, tourism, agriculture etc. That kind of success growth then would warrant the value of the dinar to gradually appreciate...Having the dinar rise in value is the result of that success. There is no shortcut that is good. [Post 2 of 2]
10-27-2021 Newshound Guru Kaperoni I often tell people we need to be patient with Iraq because the most important thing is for them to build a private sector economy. If they do not succeed they will have no choice but then Redenomination the dinar (LOP) notes. Which is not what we want to see. Despite the frequent nonsense...about deleting three zeros as something that is good. What the Iraqi government is talking about is not. It is a neutral event that does not provide any significant gain to the Iraqi dinar. [Post 1 of 2....stay tuned]
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10-27-2021 Newshound Guru Militiaman My understanding is, that success story was not the only story to be successful...The communication system will require the cross border payments to be transparent, fast and secure. And it is. So, now we just have to watch and see how long they can last without 1,000 - 10,000k notes, let alone 25k notes. Fairly sure they told us they have been paying citizens electronically and as recent as this past week, so if everyone that gets electronic payments now will be ready for the switch over to having less cash on hand. I'll be looking to have a little more...lol [Post 2 of 2]
10-27-2021 Newshound Guru Militiaman There is reason to be excited! ...The evidence is quite clear they have every intention to be digitized, down to their currency. It is no secret anymore that the world is going to be operating at a far more advance pace...So, what can we expect going forward? Global inter-connectivity. We have been told by the CBI / AMF that they have successfully cleared the Euro with the Jordanian Dinar (JOD). [Post 1 of 2....stay tuned]
10-27-2021 Intel Guru MarkZ [via PDK] ...late last night I thought there was an excellent chance that I would be starting this...with the golden egg shirt...There is a lot of pressure not to talk a lot at this time amongst many of us…So details will be getting a bit thin from now on. I am very encouraged that things are moving forward right now...
10-27-2021 Newshound Guru Pimpy Article quote: "Salih told Shafaq News there are two types of digital currency, one of which is called cryptocurrency,' noting that 'it is a system outside the control of central banks and financial markets, and it is traded through its subscribers and founders, so that there is a commodity exchange and coverage of transactions outside the control of international finical supervision.' " Don't you love it? Of course. That means a currency for the people by the people. That is cryptocurrencies. He's telling you it's outside of their control. They can't control it. [Post 2 of 2]
10-27-2021 Newshound Guru Pimpy Now this is interesting. Listen to this because this should tell you what you need to know about cryptocurrencies and the great reset... Article: "Al-Kazemi advisor comments on a Shafak News report on 'digital currencies and warns against one of them" Listen to this because this is going to tell you why you should support cryptocurrency ...cryptocurrencies are now coming into Iraq. There was one that was created and now starting to pick up steam as people have more faith in the cryptocurrency than they do its own currency. [Post 1 of 2....stay tuned]
10-27-2021 Newshound Guru Breitling Question: "Maybe you can answer the question for skeptics/beginners...I started looking at my XE app at the surrounding Middle East oil countries and the values of their dinars, most of these prove Iraq is undervalued?" Bingo. Brother, you just said it. Investing is about comparing. How can Iraq be one of the top oil markets on the planet yet have one of the lowest currencies in the Middle East...on average they should be .50 - .60 cents compared to what everyone else is doing...
10-27-2021 Intel Guru MarkZ [via PDK] When they revalue the Iraqi dinar and you have 25k note (example to make the math easy). Say its $4 (example) …Say they used to use one note to buy a loaf of bread and now it’s worth maybe 25 grand or 100 grand…how would they make change for these? So they change the value and release the lower denomination bills without all the zeros on it…this is exactly what they did in Kuwait …Iraq has done this 3 times over the last hundred years. This is the same thing they did in Japan after world war 2 and the same thing they did in Germany after World War 1 and 2…there are many examples of how they handle this throughout history. [post 2 of 2]
10-27-2021 Intel Guru MarkZ [via PDK] I want to address the losing the 6 zeros in Iraq and Vietnam. Remember before they devalued these currencies…those currencies had a much higher value. They devalued them so they would be cumbersome, not easy to work with. This was their way of sanctioning them financially. So what they do when they fix them is they don’t just chop off 6 zeros. They revalue it and then they print new bills that are lower denominations. They no longer need the larger notes. [post 1 of 2....stay tuned]
10-27-2021 Newshound/Intel Guru Petra ...we are right in front watching it occur. And now, we are at the stage where implementation has begun formally with the ATM’s redistributing the money supply…know that this one small move will ignite the WORLD!!! ...do you realize the HUGE progress that has been accomplished???? Absolutely astounding. …Yes, one simple move….and the WORLD changes!!!! And I don’t think I even need to say IMO because it’s history we are watching!! ...How long ago have we said...this is not just about Iraq?
10-27-2021 Newshound Guru Kaperoni Building an economy / private sector improves Iraq's economy in all phases...manufacturing, tourism, agriculture etc. That kind of success growth then would warrant the value of the dinar to gradually appreciate...Having the dinar rise in value is the result of that success. There is no shortcut that is good. [Post 2 of 2]
10-27-2021 Newshound Guru Kaperoni I often tell people we need to be patient with Iraq because the most important thing is for them to build a private sector economy. If they do not succeed they will have no choice but then Redenomination the dinar (LOP) notes. Which is not what we want to see. Despite the frequent nonsense...about deleting three zeros as something that is good. What the Iraqi government is talking about is not. It is a neutral event that does not provide any significant gain to the Iraqi dinar. [Post 1 of 2....stay tuned]
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10-27-2021 Newshound Guru Militiaman My understanding is, that success story was not the only story to be successful...The communication system will require the cross border payments to be transparent, fast and secure. And it is. So, now we just have to watch and see how long they can last without 1,000 - 10,000k notes, let alone 25k notes. Fairly sure they told us they have been paying citizens electronically and as recent as this past week, so if everyone that gets electronic payments now will be ready for the switch over to having less cash on hand. I'll be looking to have a little more...lol [Post 2 of 2]
10-27-2021 Newshound Guru Militiaman There is reason to be excited! ...The evidence is quite clear they have every intention to be digitized, down to their currency. It is no secret anymore that the world is going to be operating at a far more advance pace...So, what can we expect going forward? Global inter-connectivity. We have been told by the CBI / AMF that they have successfully cleared the Euro with the Jordanian Dinar (JOD). [Post 1 of 2....stay tuned]
10-27-2021 Intel Guru MarkZ [via PDK] ...late last night I thought there was an excellent chance that I would be starting this...with the golden egg shirt...There is a lot of pressure not to talk a lot at this time amongst many of us…So details will be getting a bit thin from now on. I am very encouraged that things are moving forward right now...
10-27-2021 Newshound Guru Pimpy Article quote: "Salih told Shafaq News there are two types of digital currency, one of which is called cryptocurrency,' noting that 'it is a system outside the control of central banks and financial markets, and it is traded through its subscribers and founders, so that there is a commodity exchange and coverage of transactions outside the control of international finical supervision.' " Don't you love it? Of course. That means a currency for the people by the people. That is cryptocurrencies. He's telling you it's outside of their control. They can't control it. [Post 2 of 2]
10-27-2021 Newshound Guru Pimpy Now this is interesting. Listen to this because this should tell you what you need to know about cryptocurrencies and the great reset... Article: "Al-Kazemi advisor comments on a Shafak News report on 'digital currencies and warns against one of them" Listen to this because this is going to tell you why you should support cryptocurrency ...cryptocurrencies are now coming into Iraq. There was one that was created and now starting to pick up steam as people have more faith in the cryptocurrency than they do its own currency. [Post 1 of 2....stay tuned]
10-27-2021 Newshound Guru Breitling Question: "Maybe you can answer the question for skeptics/beginners...I started looking at my XE app at the surrounding Middle East oil countries and the values of their dinars, most of these prove Iraq is undervalued?" Bingo. Brother, you just said it. Investing is about comparing. How can Iraq be one of the top oil markets on the planet yet have one of the lowest currencies in the Middle East...on average they should be .50 - .60 cents compared to what everyone else is doing...
10-27-2021 Intel Guru MarkZ [via PDK] When they revalue the Iraqi dinar and you have 25k note (example to make the math easy). Say its $4 (example) …Say they used to use one note to buy a loaf of bread and now it’s worth maybe 25 grand or 100 grand…how would they make change for these? So they change the value and release the lower denomination bills without all the zeros on it…this is exactly what they did in Kuwait …Iraq has done this 3 times over the last hundred years. This is the same thing they did in Japan after world war 2 and the same thing they did in Germany after World War 1 and 2…there are many examples of how they handle this throughout history. [post 2 of 2]
10-27-2021 Intel Guru MarkZ [via PDK] I want to address the losing the 6 zeros in Iraq and Vietnam. Remember before they devalued these currencies…those currencies had a much higher value. They devalued them so they would be cumbersome, not easy to work with. This was their way of sanctioning them financially. So what they do when they fix them is they don’t just chop off 6 zeros. They revalue it and then they print new bills that are lower denominations. They no longer need the larger notes. [post 1 of 2....stay tuned]
10-27-2021 Newshound/Intel Guru Petra ...we are right in front watching it occur. And now, we are at the stage where implementation has begun formally with the ATM’s redistributing the money supply…know that this one small move will ignite the WORLD!!! ...do you realize the HUGE progress that has been accomplished???? Absolutely astounding. …Yes, one simple move….and the WORLD changes!!!! And I don’t think I even need to say IMO because it’s history we are watching!! ...How long ago have we said...this is not just about Iraq?
10-26-2021 Newshound Guru Militiaman Article: "Al-Kazemi's advisor comments on a report on 'digital currencies' and warns against one of them" Article: "The 5 and 10 thousand dinars denominations disappeared from the ATMs" Now Iraq is clearly telling us above they have digital currency and it will be tracked to the penny. I find this article to be very timely and to be expected. They took out the 1,000 - 10,000 notes and in the past we witnessed them destroying 25k notes in a filmed interview on the matter, thus, by them taking out the notes, they'll need to have replacements, hence, the need for an adjustment...In my view they must be in a hurry now...I suspect that with them having experience in digital currency...a flip of the switch may all that be needed .. lol
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10-26-2021 Newshound Guru Breitling Question: "Doesn't it seem we get so close to a viable window for the change in the dinar then something happens?" No that isn't true...Don't get emotional like that. Don't think like that. It's not a hot or cold situation. That's why I use the term 'windows'. There's an opportunity coming up at the end of October/November that hasn't changed. That window is here. We'll see what they do. Their decision is going to be based on the markets. It's not an emotional thing...There is no 'getting close' or 'almost' or 'should have.' You are thinking incorrectly. And if you do think like that this is not the investment for you. It is not the opportunity for you because it will just drive you nuts.
10-26-2021 Newshound/Intel Guru Mnt Goat ...There is nothing but good news today to share as far as the RV goes...We see in the news today that the Central Bank of Iraq announced, on Wednesday, that Iraqi banks have obtained an international classification from international agencies. Why would they even bother with this if they did intend to trade their currency and use it to pay their bills and pay for imports? So this is all telling of what is about to come. Everyone just needs to hang in and stay with the investment...We are in a very good path to look forward to a possible January 2022 reinstatement. We will need to see the “Project to delete the Zeros” begin sometime in December 2021, if they still plan for the reinstatement in early 2022. This is something we need to watch for.
10-26-2021 Newshound Guru Sandy Ingram Article: "Iraq oil minister sees oil prices at $100 in early 2022" That's $100 per barrel...Iraq's minister of oil [had] said $100 a barrel for oil was unsustainable however now he reports that oil prices will be at $100 a barrel by early 2022. What changed his mind? Well thanks to the cartel, OPEC global inventories are at their lowest level. People, this increase in oil prices means prices will be increasing around the world...oil exports to America rise significantly. This is certainly good news for Iraq.
10-26-2021 Intel Guru MarkZ [via PDK] ...the RV front or currency front…or tier 4b…I think we are next to the end…we should be about 10 days in...I hope its sooner…nobody knows the timing. But I hope we are anytime from today to 8 days out…. I think we are in check…I think we are working towards the checkmate right now…playing the final parts of the game. It’s almost over.
10-26-2021 Intel Guru Frank26 Article: "The 5 and 10 thousand dinars denominations disappeared from the ATMs" WHY DIDN'T THE CBI ALSO REMOVE THE 1, THE 10, THE 20, AND THE 100, 250 AND 500... BECAUSE THEY WILL COEXIST WITH THE NSCN's (new small currency notes)...
10-26-2021 Newshound Guru Pimpy I tell you right now there's a royal rumble happening right now and I mean a royal rumble. The elections happened on the 10th of October and already we're seeing some bad actors step forward that you do not want to be involved with what's going on. As a matter of fact they're already acting like they're going to form the next government. These people are supported by Iran. I'm talking about Maliki trying to move into the territory of Sadr and demand that Maliki become the next prime minister. No! This guy is the one who stole a lot of money from Iraq. He's corrupt as hell and now they're trying to force their way forward claiming that they have the biggest supported block and they are backed by Iran? You don't want them in there...let's hope for the best...
10-26-2021 Newshound/Intel Guru Mnt Goat Article: "AL-MALIKI IS TAKING A “SURPRISING” PATH WITH THE AIM OF ACHIEVING A “THIRD TERM" Quote: "Many blame al-Maliki for the emergence of ISIS and its occupation of a third of Iraq’s area between 2014 and 2017...which makes his chances of returning to the position slim." I totally agree...There is not much more to say other than do not worry. Nori al-Maliki will NOT serve a third term, EVER!
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10-26-2021 Newshound Guru Breitling Question: "Doesn't it seem we get so close to a viable window for the change in the dinar then something happens?" No that isn't true...Don't get emotional like that. Don't think like that. It's not a hot or cold situation. That's why I use the term 'windows'. There's an opportunity coming up at the end of October/November that hasn't changed. That window is here. We'll see what they do. Their decision is going to be based on the markets. It's not an emotional thing...There is no 'getting close' or 'almost' or 'should have.' You are thinking incorrectly. And if you do think like that this is not the investment for you. It is not the opportunity for you because it will just drive you nuts.
10-26-2021 Newshound/Intel Guru Mnt Goat ...There is nothing but good news today to share as far as the RV goes...We see in the news today that the Central Bank of Iraq announced, on Wednesday, that Iraqi banks have obtained an international classification from international agencies. Why would they even bother with this if they did intend to trade their currency and use it to pay their bills and pay for imports? So this is all telling of what is about to come. Everyone just needs to hang in and stay with the investment...We are in a very good path to look forward to a possible January 2022 reinstatement. We will need to see the “Project to delete the Zeros” begin sometime in December 2021, if they still plan for the reinstatement in early 2022. This is something we need to watch for.
10-26-2021 Newshound Guru Sandy Ingram Article: "Iraq oil minister sees oil prices at $100 in early 2022" That's $100 per barrel...Iraq's minister of oil [had] said $100 a barrel for oil was unsustainable however now he reports that oil prices will be at $100 a barrel by early 2022. What changed his mind? Well thanks to the cartel, OPEC global inventories are at their lowest level. People, this increase in oil prices means prices will be increasing around the world...oil exports to America rise significantly. This is certainly good news for Iraq.
10-26-2021 Intel Guru MarkZ [via PDK] ...the RV front or currency front…or tier 4b…I think we are next to the end…we should be about 10 days in...I hope its sooner…nobody knows the timing. But I hope we are anytime from today to 8 days out…. I think we are in check…I think we are working towards the checkmate right now…playing the final parts of the game. It’s almost over.
10-26-2021 Intel Guru Frank26 Article: "The 5 and 10 thousand dinars denominations disappeared from the ATMs" WHY DIDN'T THE CBI ALSO REMOVE THE 1, THE 10, THE 20, AND THE 100, 250 AND 500... BECAUSE THEY WILL COEXIST WITH THE NSCN's (new small currency notes)...
10-26-2021 Newshound Guru Pimpy I tell you right now there's a royal rumble happening right now and I mean a royal rumble. The elections happened on the 10th of October and already we're seeing some bad actors step forward that you do not want to be involved with what's going on. As a matter of fact they're already acting like they're going to form the next government. These people are supported by Iran. I'm talking about Maliki trying to move into the territory of Sadr and demand that Maliki become the next prime minister. No! This guy is the one who stole a lot of money from Iraq. He's corrupt as hell and now they're trying to force their way forward claiming that they have the biggest supported block and they are backed by Iran? You don't want them in there...let's hope for the best...
10-26-2021 Newshound/Intel Guru Mnt Goat Article: "AL-MALIKI IS TAKING A “SURPRISING” PATH WITH THE AIM OF ACHIEVING A “THIRD TERM" Quote: "Many blame al-Maliki for the emergence of ISIS and its occupation of a third of Iraq’s area between 2014 and 2017...which makes his chances of returning to the position slim." I totally agree...There is not much more to say other than do not worry. Nori al-Maliki will NOT serve a third term, EVER!
10-25-2021 Intel Guru MarkZ [via PDK] On my currency groups in tier 3 that were slated to go today have been put off until tomorrow.
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10-25-2021 Newshound Guru Petra IMO..Iraq has been ready for 3 months…CBI Governor announced they were completely digital 3 months ago, but, needed to see the testing of the “mechanism” and they did…3 times ...Iraq has already lit the fuse with the cessation and removal of the 3 zero notes…A vacuum has been created and “must” be filled soon or there will be confusion in the minds of the citizens …
10-25-2021 Newshound Guru Militiaman They [Iraq] talked Dinar digital currency today!! Why? Because it is reality ….. Imo they are further along than most actually get. Imo ...The amount of data to suggest that...can be seen yesterday about the local digital crypto currency that took the street by surprise and was successful and we never heard of it.. …. They are more savvy than given credit.. imo
10-25-2021 Inel/Newshound Guru Frank Article "Generalization of the credit card reader on cash transactions" CBI CONTINUES TO EDUCATE Article quote "According to the Central Bank, one of the most important achievements in the payment systems in the Payments Department is the start of work to assess the readiness of the Iraqi payment system, in line with the international standards {PFMIs} of the World Bank"
10-25-2021 Intel Guru MarkZ [via PDK] [What are you hearing on rates?] It does nobody any good to speculate on the rates. Nobody will know for sure until we get there…. I am still hearing that tha rate is $4.71 in Iraq . I am still hearing that if you are in the group 4b you will make a couple dollars over that in a contract rate. I am still hearing the low $2 range for the Vietnamese dong.
10-25-2021 Newshound Guru Militiaman Article "The 5 and (to) 10 thousand dinars denominations disappeared from the ATMs" The information on the digital transformation that is upon is everywhere. The amount of top level work completed now is mainstream and straight from the highest in Finance in the world. They are openly talking about Retail Digital Currencies, digital cross border payments, etc.. Article quote "It also covers digital trade systems and fair and inclusive global governance." Notice they use the words INCLUSIVE GLOBAL GOVERNANCE!!! That is because the digital transformation is approved and on stage for all to see.. IMO there is nothing to stop it now.. Lets see what they show us next..
10-25-2021 Newshound Guru Breitling Article "Al-Kazami advisors propose a solution to reduce the value of the dollar..." People have sent me that headline asking do they really mean the dinar? No they mean the dollar. They are reducing the value of the dollar that means they're adding value to their own currency. In this last election they just had... you had Sadr, you had Maliki and all these guys talking about how they are going to add value to the currency. What would that do to the value of a dollar inside of Iraq?
10-25-2021 Intel Guru MarkZ [via PDK] There is a tremendous amount of chatter about today right now… Today is a day to watch guys!!! ...I have another source who is handling large groups tell me that we will not see it until tomorrow morning because reconciliation in banks is today...out of Iraq they still believe it is any moment. They have starting exchanging some of the lower denominations in the street. They have already issued the 10 dinar notes . I think we will see action there before the week is over based on Iraqi chatter... I am hoping to hear something big today. I am hoping to wear that golden egg shirt today.
10-25-2021 Newshound Guru Kaperoni If anybody understands how Iraq forms a government, must realize it is not an elected prime minister it is political groups joining together to form the largest block which they then choose the next prime minister. Al-Maliki has been working diligently to form the largest block. This needs time to play out but to see Al-Maliki hosting meetings to form the largest bloc to choose the next prime minister (which he hopes is himself) is not what we want.
10-25-2021 Newshound/Intel Guru Mnt Goat Article: "OIL EXPERT: IRAQ WILL ENTER ONE BILLION DOLLARS ANNUALLY IF THE PRICE OF OIL INCREASES BY ONE DOLLAR" Boy, oh boy, I have to admit they are very good at hiding their numbers. Well so at $1 billion additional monetary reserves for every $1 increase in a barrel of oil then with and increase of $20 a barrel (additional $20 billion in monetary reserves ..right?) they are telling us they can reach over $100 billion in monetary reserves by the end of the year. I said by the end of the year… Could this be their goal all a long?
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10-25-2021 Newshound Guru Petra IMO..Iraq has been ready for 3 months…CBI Governor announced they were completely digital 3 months ago, but, needed to see the testing of the “mechanism” and they did…3 times ...Iraq has already lit the fuse with the cessation and removal of the 3 zero notes…A vacuum has been created and “must” be filled soon or there will be confusion in the minds of the citizens …
10-25-2021 Newshound Guru Militiaman They [Iraq] talked Dinar digital currency today!! Why? Because it is reality ….. Imo they are further along than most actually get. Imo ...The amount of data to suggest that...can be seen yesterday about the local digital crypto currency that took the street by surprise and was successful and we never heard of it.. …. They are more savvy than given credit.. imo
10-25-2021 Inel/Newshound Guru Frank Article "Generalization of the credit card reader on cash transactions" CBI CONTINUES TO EDUCATE Article quote "According to the Central Bank, one of the most important achievements in the payment systems in the Payments Department is the start of work to assess the readiness of the Iraqi payment system, in line with the international standards {PFMIs} of the World Bank"
10-25-2021 Intel Guru MarkZ [via PDK] [What are you hearing on rates?] It does nobody any good to speculate on the rates. Nobody will know for sure until we get there…. I am still hearing that tha rate is $4.71 in Iraq . I am still hearing that if you are in the group 4b you will make a couple dollars over that in a contract rate. I am still hearing the low $2 range for the Vietnamese dong.
10-25-2021 Newshound Guru Militiaman Article "The 5 and (to) 10 thousand dinars denominations disappeared from the ATMs" The information on the digital transformation that is upon is everywhere. The amount of top level work completed now is mainstream and straight from the highest in Finance in the world. They are openly talking about Retail Digital Currencies, digital cross border payments, etc.. Article quote "It also covers digital trade systems and fair and inclusive global governance." Notice they use the words INCLUSIVE GLOBAL GOVERNANCE!!! That is because the digital transformation is approved and on stage for all to see.. IMO there is nothing to stop it now.. Lets see what they show us next..
10-25-2021 Newshound Guru Breitling Article "Al-Kazami advisors propose a solution to reduce the value of the dollar..." People have sent me that headline asking do they really mean the dinar? No they mean the dollar. They are reducing the value of the dollar that means they're adding value to their own currency. In this last election they just had... you had Sadr, you had Maliki and all these guys talking about how they are going to add value to the currency. What would that do to the value of a dollar inside of Iraq?
10-25-2021 Intel Guru MarkZ [via PDK] There is a tremendous amount of chatter about today right now… Today is a day to watch guys!!! ...I have another source who is handling large groups tell me that we will not see it until tomorrow morning because reconciliation in banks is today...out of Iraq they still believe it is any moment. They have starting exchanging some of the lower denominations in the street. They have already issued the 10 dinar notes . I think we will see action there before the week is over based on Iraqi chatter... I am hoping to hear something big today. I am hoping to wear that golden egg shirt today.
10-25-2021 Newshound Guru Kaperoni If anybody understands how Iraq forms a government, must realize it is not an elected prime minister it is political groups joining together to form the largest block which they then choose the next prime minister. Al-Maliki has been working diligently to form the largest block. This needs time to play out but to see Al-Maliki hosting meetings to form the largest bloc to choose the next prime minister (which he hopes is himself) is not what we want.
10-25-2021 Newshound/Intel Guru Mnt Goat Article: "OIL EXPERT: IRAQ WILL ENTER ONE BILLION DOLLARS ANNUALLY IF THE PRICE OF OIL INCREASES BY ONE DOLLAR" Boy, oh boy, I have to admit they are very good at hiding their numbers. Well so at $1 billion additional monetary reserves for every $1 increase in a barrel of oil then with and increase of $20 a barrel (additional $20 billion in monetary reserves ..right?) they are telling us they can reach over $100 billion in monetary reserves by the end of the year. I said by the end of the year… Could this be their goal all a long?
10-24-2021 Newshound Guru Militiaman Article: "The 5 and (to) 10 thousand dinars denominations disappeared from the ATMs" With them even showing that the 1,000 - 10,000 notes are disappeared from the ATMs is very telling. With the UST telling us the G-20 have 136 countries in agreement on digital International Taxation and a flat tax, the cross boarder data and digital trade noted by the G-7 today, it is not surprising that they would be adjusting for the NSCNs to replace those the 1,000 - 10,000s. The need for them will diminish with a new international exchange rate applied. It doesn't take long to replenish ATMS. The goal is not to worry the citizens, the goal is to make them happy with the new purchase power that the new smaller notes will bring...
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10-24-2021 Newshound Guru Sandy Ingram Quote continues "...The central bank seeks to increase the ability of Iraqi banks to expand their network of relations with international banks and enhance the confidence of citizens and investors especially after their success in obtaining such classifications..." I'm sorry I don't think you heard me and if you heard me did you understand what I said? 'Increase relationships with international banks.' Meaning the CBI wants to be in harmony with international banking systems. She [The fat lady] may not be singing, but she sure is dancing. Iraq wants to co-mingle with international banks... [Post 2 of 2]
10-24-2021 Newshound Guru Sandy Ingram [aka Edu Matrix] Article: "19 Iraqi Banks rated by international agencies" On the surface this sounds like insignificant news. However let me explain. You will be dancing after you understand this... Quote: "19 licensed banks in Iraq have been rated by accredited international rating agencies - Capital Intelligence, Fitch, Moody's, Standards and Poors, - the bank [CBI] said...it is a sign of their compliance with domestic and international standards..." [Post 1 of 2....stay tuned]
10-24-2021 Newshound Guru Vital Brad Question: "When it finally revalues how do I turn it in?" When this thing goes international and Iraq is back on the international markets...you're going to be able to go down to any bank that offers Forex...you can exchange currency from other countries. Those banks will all of a sudden be able to exchange the Iraqi dinar and our hope is at a new rate...
10-24-2021 Newshound Guru Samson Article: "Report: After lifting immunity, former MPs leave Iraq" Report quote: "the dissolution of the Iraqi parliament on the seventh of this October resulted in the lifting of the parliamentary immunity guaranteed by the constitution for hundreds of deputies whose results showed the last legislative elections that were held on October 10." More than 70 percent of them lost their seats, which means that the ministerial committee tasked with pursuing corruption files by the caretaker government headed by Mustafa Al-Kazemi, will be able to investigate any of them. "
10-24-2021 Intel Guru Frank26 Article: "The 5 and 10 thousand dinars denominations disappeared from the ATMs" Quote: ...“the ATMs of the bank to which I settled my salary, are devoid of small and medium cash groups (1000 to 10 thousand dinars),..." WHY DIDN'T THE CBI ALSO REMOVE THE 1, THE 10, THE 20, AND THE 100, 250 AND 500... BECAUSE THEY WILL COEXIST WITH THE NSCN's.
10-24-2021 Newshound Guru Don961 Article: "The 5 and 10 thousand dinars denominations disappeared from the ATMs"
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10-24-2021 Newshound Guru Sandy Ingram Quote continues "...The central bank seeks to increase the ability of Iraqi banks to expand their network of relations with international banks and enhance the confidence of citizens and investors especially after their success in obtaining such classifications..." I'm sorry I don't think you heard me and if you heard me did you understand what I said? 'Increase relationships with international banks.' Meaning the CBI wants to be in harmony with international banking systems. She [The fat lady] may not be singing, but she sure is dancing. Iraq wants to co-mingle with international banks... [Post 2 of 2]
10-24-2021 Newshound Guru Sandy Ingram [aka Edu Matrix] Article: "19 Iraqi Banks rated by international agencies" On the surface this sounds like insignificant news. However let me explain. You will be dancing after you understand this... Quote: "19 licensed banks in Iraq have been rated by accredited international rating agencies - Capital Intelligence, Fitch, Moody's, Standards and Poors, - the bank [CBI] said...it is a sign of their compliance with domestic and international standards..." [Post 1 of 2....stay tuned]
10-24-2021 Newshound Guru Vital Brad Question: "When it finally revalues how do I turn it in?" When this thing goes international and Iraq is back on the international markets...you're going to be able to go down to any bank that offers Forex...you can exchange currency from other countries. Those banks will all of a sudden be able to exchange the Iraqi dinar and our hope is at a new rate...
10-24-2021 Newshound Guru Samson Article: "Report: After lifting immunity, former MPs leave Iraq" Report quote: "the dissolution of the Iraqi parliament on the seventh of this October resulted in the lifting of the parliamentary immunity guaranteed by the constitution for hundreds of deputies whose results showed the last legislative elections that were held on October 10." More than 70 percent of them lost their seats, which means that the ministerial committee tasked with pursuing corruption files by the caretaker government headed by Mustafa Al-Kazemi, will be able to investigate any of them. "
10-24-2021 Intel Guru Frank26 Article: "The 5 and 10 thousand dinars denominations disappeared from the ATMs" Quote: ...“the ATMs of the bank to which I settled my salary, are devoid of small and medium cash groups (1000 to 10 thousand dinars),..." WHY DIDN'T THE CBI ALSO REMOVE THE 1, THE 10, THE 20, AND THE 100, 250 AND 500... BECAUSE THEY WILL COEXIST WITH THE NSCN's.
10-24-2021 Newshound Guru Don961 Article: "The 5 and 10 thousand dinars denominations disappeared from the ATMs"
10-23-2021 Newshound Guru Kaperoni Member snicker "So I lost 25 k? Who cares? It wasn’t my money anyway. Hehe" The dinar has value. It is not a lottery ticket therefore it is not worthless. Hopefully with the success of their economy they will raise the value but it's going to be overtime.
10-23-2021 Intel Guru RayRen98 SOME MEMBERS HAVE BANK APPOINTMENTS FOR "TODAY", SATURDAY! THEY'LL KEEP ME INFORMED ON WHAT TRANSPIRES.
10-23-2021 Intel Guru Holly Things were slowed down to do some work arounds but all is on track now. Things are moving and all are readied for the release at our level...
10-23-2021 Newshound Guru Breitling Question: "When Iraq puts value on its currency will it start out at .40 cents, .50 cents? I've heard they want to get it to a dollar." That's exactly what they want to do. At a minimum they want to get it to $1.17. Remember parliament, The Ministry of Planning, The Ministry of Finance wrote a letter to the IMF - 'can you help us get our currency back to $3.25'. 'Absolutely we can help you do that.' But it's a process...the .50 cents and above - where that came from is what do they need to have a GDP that can maintain the country and help it grow at a healthy 4% per year and...help expand their markets. At the point I was doing that math (it might have changed a little bit) it was like .58 cents. The best math we could come up with.
10-23-2021 Intel Guru MarkZ [via PDK] At this point I think things are moving. I think we are in the process now and we have started. I am very excited about what I am hearing. Some of the specifics I cannot share without getting somebody in trouble…so I am not going there. Just suffice it to say I am very excited about the chatter I have heard this morning and late last night about the movement.
10-23-2021 Newshound Guru Vital Brad People talk about the contract rate. I'm not a financial advisor...make your own financial choices...Here's my thought with the contract rate...I've heard some people say that, 'Oh when you exchange your dinar there's going to be a contract rate of at least $30.' I'm like - huh? ...IMO $3.22 for the dinar. That's what the Iraqi dinar is worth based on that particular country's assets and wealth...If [the rate is] $3.22 how can someone get $30? An exchange rate is an exchange rate. Who's paying out the difference...I'm not trying to burst anyone's bubble. That's not my intention...I think the rate is going to come out at the rate it's going to come out at and I don't think there's going to be a contract rate. My opinion only...
10-23-2021 Newshound Guru Pimpy Article: "For the second day, the dollar exchange rate fell" That's right the dollar is losing ground on Iraqi dinar but it's not like it's huge leaps and bounds. They're very small but the dollar is becoming weaker and Iraqi dinar will become stronger...
10-23-2021 Intel Guru Frank26 Article: "The Minister of Oil sets the price of a barrel in the budget and expects crude to reach $100" WE TOLD YOU IT WOULD BE $100 PER BARREL...
10-23-2021 Newshound/Intel Guru Mnt Goat Article: "AL-KAZEMI’S FINANCIAL ADVISOR TALKS ABOUT CHANGING THE EXCHANGE RATE" ...this article does not tell us what they mean by changing the exchange rate. Could this mean back to the pre-devaluation program rate or the RV we are looking for? ...anyway you look it, the news is very good. We know that under Dr Shabibi the monetary reserves of Iraq reached $90 billion. ...they have reached a record high and so they must be over $90 billion reaching close to $100 billion. If oil continues to rise, as they project it will, Iraq will reach over $100 billion in reserves...
10-23-2021 Intel Guru RayRen98 SOME MEMBERS HAVE BANK APPOINTMENTS FOR "TODAY", SATURDAY! THEY'LL KEEP ME INFORMED ON WHAT TRANSPIRES.
10-23-2021 Intel Guru Holly Things were slowed down to do some work arounds but all is on track now. Things are moving and all are readied for the release at our level...
10-23-2021 Newshound Guru Breitling Question: "When Iraq puts value on its currency will it start out at .40 cents, .50 cents? I've heard they want to get it to a dollar." That's exactly what they want to do. At a minimum they want to get it to $1.17. Remember parliament, The Ministry of Planning, The Ministry of Finance wrote a letter to the IMF - 'can you help us get our currency back to $3.25'. 'Absolutely we can help you do that.' But it's a process...the .50 cents and above - where that came from is what do they need to have a GDP that can maintain the country and help it grow at a healthy 4% per year and...help expand their markets. At the point I was doing that math (it might have changed a little bit) it was like .58 cents. The best math we could come up with.
10-23-2021 Intel Guru MarkZ [via PDK] At this point I think things are moving. I think we are in the process now and we have started. I am very excited about what I am hearing. Some of the specifics I cannot share without getting somebody in trouble…so I am not going there. Just suffice it to say I am very excited about the chatter I have heard this morning and late last night about the movement.
10-23-2021 Newshound Guru Vital Brad People talk about the contract rate. I'm not a financial advisor...make your own financial choices...Here's my thought with the contract rate...I've heard some people say that, 'Oh when you exchange your dinar there's going to be a contract rate of at least $30.' I'm like - huh? ...IMO $3.22 for the dinar. That's what the Iraqi dinar is worth based on that particular country's assets and wealth...If [the rate is] $3.22 how can someone get $30? An exchange rate is an exchange rate. Who's paying out the difference...I'm not trying to burst anyone's bubble. That's not my intention...I think the rate is going to come out at the rate it's going to come out at and I don't think there's going to be a contract rate. My opinion only...
10-23-2021 Newshound Guru Pimpy Article: "For the second day, the dollar exchange rate fell" That's right the dollar is losing ground on Iraqi dinar but it's not like it's huge leaps and bounds. They're very small but the dollar is becoming weaker and Iraqi dinar will become stronger...
10-23-2021 Intel Guru Frank26 Article: "The Minister of Oil sets the price of a barrel in the budget and expects crude to reach $100" WE TOLD YOU IT WOULD BE $100 PER BARREL...
10-23-2021 Newshound/Intel Guru Mnt Goat Article: "AL-KAZEMI’S FINANCIAL ADVISOR TALKS ABOUT CHANGING THE EXCHANGE RATE" ...this article does not tell us what they mean by changing the exchange rate. Could this mean back to the pre-devaluation program rate or the RV we are looking for? ...anyway you look it, the news is very good. We know that under Dr Shabibi the monetary reserves of Iraq reached $90 billion. ...they have reached a record high and so they must be over $90 billion reaching close to $100 billion. If oil continues to rise, as they project it will, Iraq will reach over $100 billion in reserves...
10-22-2021 Intel Guru MarkZ [via PDK] [So are we looking at next week now?] Next week is very possible but I’m not ruling out this weekend. Things are positioned, people are in place and we are just waiting for somebody to flip the switch.
10-22-2021 Intel Guru Bruce [via WiserNow] ...one of our sources is saying that we are in the final count-down ...second source said that the final count-down ends at 9:30 am Sunday...2 different individuals tell us we could be notified anytime from now all the way to Monday...So let’s just say this - all of these 4-5 different sources have said that this will be a really special weekend...I think with everything that I’ve gotten today it looks like we are finally at the end of the ride – meaning this weekend...So lets see what happens with that...
10-22-2021 Newshound Guru Kaperoni It is a huge undertaking. And like I said numerous times, until Iraq's economy prospers the Iraqi dinar will not go up in value. So we need the newly-elected parliamentary members to be sworn in and begin to pass the necessary laws to encourage foreign investment. We need stability in Iraq to continue. We need the new prime minister to continue to implement reforms... Sometimes I get nasty messages from people telling me that I'm ruining their dreams. Wouldn't you rather know the truth...? [Post 2 of 2]
10-22-2021 Newshound Guru Kaperoni So what are we waiting for? That is a question that everyone asks. The truth is... Iraq was devastated in the war and their infrastructure was completely demolished. This is a complete rebuild from the ground up...They also need to implement and encourage latest technology throughout the government, banking system, and educational system to educate the citizens. Not an easy task. And then you need to bring multiple global businesses, organizations into Iraq to facilitate. [Post 1 of 2....stay tuned]
10-22-2021 Intel Guru Holly RV Update...Everything is moved to other levels this week. We will see tangible evidence of that when it’s at our level. And that is where we are now. The liquidity and distribution phase.
10-22-2021 Newshound Guru Pimpy I'm not saying that an RI or an RV won't be announced. I'm saying that it makes more sense to me they're going to let it go up in increments. In fact it says something similar in here. Article quote: "...it is possible for the state to gradually improve the Iraqi dinar exchange rate because the shock method adopted and change in the exchange rate was not appropriate..." More talk about the rate change. That's good...there you have it the talk about the rate change happening once again...
10-22-2021 Intel Guru MarkZ [via PDK] I am...hearing very positive things from my Iraqi contacts who believe the rate change/value change will happen this weekend. What I am hearing from my Iraq contractors who were seeing the $4.71 rate is the last Thursday of the month or Oct 28th is when they will have access to those funds. This was changed from the 15th. We are certainly seeing and hearing many indicators that we are close. ...Its been tough…this wait is not for the faint of heart...its happening.
10-22-2021 Newshound Guru Vital Brad Article: "Iraqi banks get a rating from international agencies" Article quote: "19 licensed banks in Iraq have obtained a rating from the accredited International rating of agencies - Capital Intelligence, Fitch, Moody's Standard and Poor..." Wow! Article quote: "reflects the development and the performance of the banking sector in Iraq and the solvency of banks and is evidence of their compliance with local and international standards..." That changes everything. Holy shit. It's saying Iraq is international standards. I think it's only a matter of time...I think it's closer than ever...
10-22-2021 Intel Guru Frank26 Article: "Expo 2020 Dubai is an opportunity to boost investment in Iraq" Quote: "Assurances of the role of Expo 2020 Dubai in enhancing the reality of investment in Iraq, through the portal of openness to the world, where the wide participation of major international companies that represent a sober effort around the world." NOT AT A PROGRAM RATE...
10-22-2021 Newshound Guru Breitling Question: "Is it a fact that Iraq has lower notes in their banks?" No...unless the CBI talks about it or one of the banks in Iraq talking about it why would you even contemplate it?
10-22-2021 Intel Guru Bruce [via WiserNow] ...one of our sources is saying that we are in the final count-down ...second source said that the final count-down ends at 9:30 am Sunday...2 different individuals tell us we could be notified anytime from now all the way to Monday...So let’s just say this - all of these 4-5 different sources have said that this will be a really special weekend...I think with everything that I’ve gotten today it looks like we are finally at the end of the ride – meaning this weekend...So lets see what happens with that...
10-22-2021 Newshound Guru Kaperoni It is a huge undertaking. And like I said numerous times, until Iraq's economy prospers the Iraqi dinar will not go up in value. So we need the newly-elected parliamentary members to be sworn in and begin to pass the necessary laws to encourage foreign investment. We need stability in Iraq to continue. We need the new prime minister to continue to implement reforms... Sometimes I get nasty messages from people telling me that I'm ruining their dreams. Wouldn't you rather know the truth...? [Post 2 of 2]
10-22-2021 Newshound Guru Kaperoni So what are we waiting for? That is a question that everyone asks. The truth is... Iraq was devastated in the war and their infrastructure was completely demolished. This is a complete rebuild from the ground up...They also need to implement and encourage latest technology throughout the government, banking system, and educational system to educate the citizens. Not an easy task. And then you need to bring multiple global businesses, organizations into Iraq to facilitate. [Post 1 of 2....stay tuned]
10-22-2021 Intel Guru Holly RV Update...Everything is moved to other levels this week. We will see tangible evidence of that when it’s at our level. And that is where we are now. The liquidity and distribution phase.
10-22-2021 Newshound Guru Pimpy I'm not saying that an RI or an RV won't be announced. I'm saying that it makes more sense to me they're going to let it go up in increments. In fact it says something similar in here. Article quote: "...it is possible for the state to gradually improve the Iraqi dinar exchange rate because the shock method adopted and change in the exchange rate was not appropriate..." More talk about the rate change. That's good...there you have it the talk about the rate change happening once again...
10-22-2021 Intel Guru MarkZ [via PDK] I am...hearing very positive things from my Iraqi contacts who believe the rate change/value change will happen this weekend. What I am hearing from my Iraq contractors who were seeing the $4.71 rate is the last Thursday of the month or Oct 28th is when they will have access to those funds. This was changed from the 15th. We are certainly seeing and hearing many indicators that we are close. ...Its been tough…this wait is not for the faint of heart...its happening.
10-22-2021 Newshound Guru Vital Brad Article: "Iraqi banks get a rating from international agencies" Article quote: "19 licensed banks in Iraq have obtained a rating from the accredited International rating of agencies - Capital Intelligence, Fitch, Moody's Standard and Poor..." Wow! Article quote: "reflects the development and the performance of the banking sector in Iraq and the solvency of banks and is evidence of their compliance with local and international standards..." That changes everything. Holy shit. It's saying Iraq is international standards. I think it's only a matter of time...I think it's closer than ever...
10-22-2021 Intel Guru Frank26 Article: "Expo 2020 Dubai is an opportunity to boost investment in Iraq" Quote: "Assurances of the role of Expo 2020 Dubai in enhancing the reality of investment in Iraq, through the portal of openness to the world, where the wide participation of major international companies that represent a sober effort around the world." NOT AT A PROGRAM RATE...
10-22-2021 Newshound Guru Breitling Question: "Is it a fact that Iraq has lower notes in their banks?" No...unless the CBI talks about it or one of the banks in Iraq talking about it why would you even contemplate it?
10-21-2021 Intel Guru MarkZ I am hearing fantastic news...we hope it pans out... I spoke with a contact in Iraq that is squarely looking at Saturday …possibly late Friday; Buckle up we are about to hit many ups and downs as we finish this thing...that is what I believe. I think this is it. ... I believe the pieces are falling place and we are hitting that perfect storm where events are coming together.
10-21-2021 Intel Guru Holly ...There is no negative news. There are no hold ups. Things just slowed down this week. I won’t go into the details, but it is all positive. Still expecting news of the start any moment...
10-21-2021 Newshound Guru Kaperoni Raising the value of the Iraqi dinar is not an arbitrary event it is a tool used to counter inflation created by economic growth, success and a influx of capital in Iraq's economy. Until Iraq passes laws, and begins to build their economy nothing is going to happen...The Iraqi dinar is not a lottery ticket there will never be a single event, RV or revaluation. If the dinar ever goes up in value it will be gradually via a float over time as Iraq's economy grows...
10-21-2021 Newshound Guru Claire WOOHOOOO! WOW! [Guru] Walkingstick JUST GAVE US OUR THEME SONG WHERE WE ARE RIGHT NOW! - THE FINAL COUNTDOWN!
10-21-2021 Intel Guru MarkZ [via PDK] Overnight I heard people are still sitting in a holding pattern. I have heard...that they are still positioned and ready for the release early this weekend or early next week. I don’t think there is a hold up…I think it is literally rolling out!!!
10-21-2021 Newshound Guru Pimpy Quote: "an economic expert revealed on Wednesday the possibility of returning the dollar exchange rate to its previous era..." When they say era I think they're talking about where it was prior to this last move. Instead of getting 1450 dinars for every dollar you're going to get 1190 dinars...not the big jump. Not yet.
I do think it's going to go up in increments a lot faster than people think. We don't have to wait for an RI or an RV. Through a normal course of how currency gains its purchasing power we can watch for that because it seems to be happening... [Post 2 of 2]
10-21-2021 Newshound Guru Pimpy Yes, that's right there's talk of an exchange rate change and that's got the big-what-to-do going around the dinar community... Article: "After the rise in oil, expert reveals the possibility of reducing the dollar exchange rate with this mechanism". Here we go. This is what everybody's talking about...What they're talking about is decreasing the dollar against the dinar - giving the dinar more purchasing power. That's the direction we want to go into... [Post 1 of 2....stay tuned]
10-21-2021 Newshound/Intel Guru Walkingstick ...'Europe' said it best...'The Final Countdown'
10-21-2021 Intel Guru MarkZ [via PDK] Most of my sources in Iraq are looking for a change in value of the dinar this coming weekend. I am hearing very positive news from the middle east for a Saturday valuation on the dinar.
10-21-2021 Intel Guru Bruce [via WiserNow] We have reason to believe through a few different sources that its finally time for tier 4 A&B to get started – We’ve heard something to the effect of the next couple of days is the window...I know redemption centers are ready to roll – they have been ready and testing and so on – everything is good to go... as of Sunday we had all the currencies that are in the first basket on screens ready to go...So this week is just full of good news for us...
10-21-2021 Intel Guru Holly ...There is no negative news. There are no hold ups. Things just slowed down this week. I won’t go into the details, but it is all positive. Still expecting news of the start any moment...
10-21-2021 Newshound Guru Kaperoni Raising the value of the Iraqi dinar is not an arbitrary event it is a tool used to counter inflation created by economic growth, success and a influx of capital in Iraq's economy. Until Iraq passes laws, and begins to build their economy nothing is going to happen...The Iraqi dinar is not a lottery ticket there will never be a single event, RV or revaluation. If the dinar ever goes up in value it will be gradually via a float over time as Iraq's economy grows...
10-21-2021 Newshound Guru Claire WOOHOOOO! WOW! [Guru] Walkingstick JUST GAVE US OUR THEME SONG WHERE WE ARE RIGHT NOW! - THE FINAL COUNTDOWN!
10-21-2021 Intel Guru MarkZ [via PDK] Overnight I heard people are still sitting in a holding pattern. I have heard...that they are still positioned and ready for the release early this weekend or early next week. I don’t think there is a hold up…I think it is literally rolling out!!!
10-21-2021 Newshound Guru Pimpy Quote: "an economic expert revealed on Wednesday the possibility of returning the dollar exchange rate to its previous era..." When they say era I think they're talking about where it was prior to this last move. Instead of getting 1450 dinars for every dollar you're going to get 1190 dinars...not the big jump. Not yet.
I do think it's going to go up in increments a lot faster than people think. We don't have to wait for an RI or an RV. Through a normal course of how currency gains its purchasing power we can watch for that because it seems to be happening... [Post 2 of 2]
10-21-2021 Newshound Guru Pimpy Yes, that's right there's talk of an exchange rate change and that's got the big-what-to-do going around the dinar community... Article: "After the rise in oil, expert reveals the possibility of reducing the dollar exchange rate with this mechanism". Here we go. This is what everybody's talking about...What they're talking about is decreasing the dollar against the dinar - giving the dinar more purchasing power. That's the direction we want to go into... [Post 1 of 2....stay tuned]
10-21-2021 Newshound/Intel Guru Walkingstick ...'Europe' said it best...'The Final Countdown'
10-21-2021 Intel Guru MarkZ [via PDK] Most of my sources in Iraq are looking for a change in value of the dinar this coming weekend. I am hearing very positive news from the middle east for a Saturday valuation on the dinar.
10-21-2021 Intel Guru Bruce [via WiserNow] We have reason to believe through a few different sources that its finally time for tier 4 A&B to get started – We’ve heard something to the effect of the next couple of days is the window...I know redemption centers are ready to roll – they have been ready and testing and so on – everything is good to go... as of Sunday we had all the currencies that are in the first basket on screens ready to go...So this week is just full of good news for us...
10-20-2021 Intel Guru MarkZ [via PDK] The $4.71 appears to be what the in-country rate will be. Contract rates are expected to be $2 or more over the street rate. [once the IQD goes..will we be able to exchange at our banks?] once it goes you should be able to exchange at banks…you will be settling for a smaller amount instead of exchanging at redemption centers for contract rates.
10-20-2021 Newshound/Intel Guru Mnt Goat Article: "AL-KAZEMI’S FINANCIAL ADVISOR TALKS ABOUT CHANGING THE EXCHANGE RATE" I think they are trying to warm us up to the FACT that they are more than ready to revalue their currency. This is just one more article informing us.
10-20-2021 Newshound Guru Kaperoni Though everybody would like to see things begin...we have to keep in mind that we just had an election a few days ago and Iraq has a tendency to drag out the process of forming a government for months. I wouldn't expect a fully seated government for at least four months.
10-20-2021 Newshound Guru Breitling Not only that but they can't piss off Russia . They can't piss off the United States ...that's where the hesitation comes from. It is tough. That's why the opportunity is such a great opportunity. Most people won't risk to get into that. To me it's not a risk. I can take the currency I bought and exchange it for what I paid for it. It's that simple. But they don't need to diversify. Iraq - their currency was at $3.25 just selling oil and they want to get it back to that. [Post 2 of 2]
10-20-2021 Newshound Guru Breitling Question: "Do you think the CBI is waiting for their economy to diversity away from oil before they complete the revaluation?" No I don't. I think they can add value to their currency today. I think...there's a lot of influence from Shia/Iran in the region and they can burn anything they want down. What Iraq is trying to do is - how do they build this up so they don't piss off the Saudis which is Sunni and they don't piss off Iran which is Shia. They keep those guys at bay. [Post 1 of 2....stay tuned]
10-20-2021 Intel Guru MarkZ [via PDK] I am hearing fantastic things…especially from Iraq. ...article from Iraq: "The Arab Monetary Fund, in cooperation with The International Monetary Fund's Center for Economics and Finance in the Middle East, organizes a course on "Exchange Rate Policy" CBI is starting these commercials…educating the people on the lower denominations and what it means for products and costs…They have announced they have started that new exchange rates education. …this was huge...nobody controls the exact timing so buckle up because it is rolling out...It will roll out the way they have planned for it…it does appear to be rolling out quickly…there are also rumors that forex rates have been entered, but we will not see them until Thursday night after the Thursday night update.
10-20-2021 Newshound Guru Pimpy Article: "The Arab Monetary Fund, in cooperation with the International Monetary Fund's Center for Economics and Finance in the Middle East, Organizes a course on 'exchange rate policy' " ...people went to learn on different subjects. One of them had to do with the exchange rate policies...people thought this meant that the rate change was going to happen. Every time an article talks about a rate change that does not mean that they are telling you a rate change is coming...the courses are meant to help get everybody on the same page and to do what they can to strengthen their economy but especially their local currency...
10-20-2021 Newshound/Intel Guru Mnt Goat ...there is no new signs or evidence whatsoever that they are going to RV any time prior to the beginning of 2022. ...However, this was a busy period for news from Iraq and lots of good news. This does not mean it is going to RV tomorrow or even in the next coming weeks. The NEAREST window I can see is January 2022 and the signs are all pointing to this period. WOW! ARE YOU READY!
10-20-2021 Intel Guru MarkZ [via PDK] [Can we negotiate the rate?] I am told Dinar and dong….all of it will have a set rate…no negotiation.
10-20-2021 Intel Guru Frank26 "The Arab Monetary Fund, in cooperation with The International Monetary Fund's Center for Economics and Finance in the Middle East, organizes a course on "Exchange Rate Policy" Like we told you...the CBI will have commercials and...that has now started also we told you the commercials will educate you [Iraq Boots-on-the-ground Firefly] on why you have a new exchange rate and a new small category note to match that NEW exchange rate and as you can see that has started.
10-20-2021 Newshound/Intel Guru Mnt Goat Article: "AL-KAZEMI’S FINANCIAL ADVISOR TALKS ABOUT CHANGING THE EXCHANGE RATE" I think they are trying to warm us up to the FACT that they are more than ready to revalue their currency. This is just one more article informing us.
10-20-2021 Newshound Guru Kaperoni Though everybody would like to see things begin...we have to keep in mind that we just had an election a few days ago and Iraq has a tendency to drag out the process of forming a government for months. I wouldn't expect a fully seated government for at least four months.
10-20-2021 Newshound Guru Breitling Not only that but they can't piss off Russia . They can't piss off the United States ...that's where the hesitation comes from. It is tough. That's why the opportunity is such a great opportunity. Most people won't risk to get into that. To me it's not a risk. I can take the currency I bought and exchange it for what I paid for it. It's that simple. But they don't need to diversify. Iraq - their currency was at $3.25 just selling oil and they want to get it back to that. [Post 2 of 2]
10-20-2021 Newshound Guru Breitling Question: "Do you think the CBI is waiting for their economy to diversity away from oil before they complete the revaluation?" No I don't. I think they can add value to their currency today. I think...there's a lot of influence from Shia/Iran in the region and they can burn anything they want down. What Iraq is trying to do is - how do they build this up so they don't piss off the Saudis which is Sunni and they don't piss off Iran which is Shia. They keep those guys at bay. [Post 1 of 2....stay tuned]
10-20-2021 Intel Guru MarkZ [via PDK] I am hearing fantastic things…especially from Iraq. ...article from Iraq: "The Arab Monetary Fund, in cooperation with The International Monetary Fund's Center for Economics and Finance in the Middle East, organizes a course on "Exchange Rate Policy" CBI is starting these commercials…educating the people on the lower denominations and what it means for products and costs…They have announced they have started that new exchange rates education. …this was huge...nobody controls the exact timing so buckle up because it is rolling out...It will roll out the way they have planned for it…it does appear to be rolling out quickly…there are also rumors that forex rates have been entered, but we will not see them until Thursday night after the Thursday night update.
10-20-2021 Newshound Guru Pimpy Article: "The Arab Monetary Fund, in cooperation with the International Monetary Fund's Center for Economics and Finance in the Middle East, Organizes a course on 'exchange rate policy' " ...people went to learn on different subjects. One of them had to do with the exchange rate policies...people thought this meant that the rate change was going to happen. Every time an article talks about a rate change that does not mean that they are telling you a rate change is coming...the courses are meant to help get everybody on the same page and to do what they can to strengthen their economy but especially their local currency...
10-20-2021 Newshound/Intel Guru Mnt Goat ...there is no new signs or evidence whatsoever that they are going to RV any time prior to the beginning of 2022. ...However, this was a busy period for news from Iraq and lots of good news. This does not mean it is going to RV tomorrow or even in the next coming weeks. The NEAREST window I can see is January 2022 and the signs are all pointing to this period. WOW! ARE YOU READY!
10-20-2021 Intel Guru MarkZ [via PDK] [Can we negotiate the rate?] I am told Dinar and dong….all of it will have a set rate…no negotiation.
10-20-2021 Intel Guru Frank26 "The Arab Monetary Fund, in cooperation with The International Monetary Fund's Center for Economics and Finance in the Middle East, organizes a course on "Exchange Rate Policy" Like we told you...the CBI will have commercials and...that has now started also we told you the commercials will educate you [Iraq Boots-on-the-ground Firefly] on why you have a new exchange rate and a new small category note to match that NEW exchange rate and as you can see that has started.
10-19-2021 Intel Guru MarkZ [via PDK] We do have this article… a new one from the leadership in Iraq...dated yesterday and is about raising the rate...And the efforts they are going through to raise the rate…this talks about what we are anticipating so I think this is fantastic...they don’t give us a date…just that they are moving forward.
10-19-2021 Intel Guru Frank26 [Iraq Boots-on-the-ground Firefly TV update]: FIREFLY: Tv loaded with commercials today showing Iraq as up and coming country showing new banks new businesses coming showing all good things about Iraq we seeing new commercials for banks…Arab league fund and IMF starting changing rate policy study and guideline big event going on it’s on tv about changing exchange rate policy…It’s all over our television every channel...new commercials...talking to us about the exchange rate...this is amazing. Says it’s a course on exchange rate policy. It’s hard to believe what we are hearing...our banks will soon give us a modern currency with a modern exchange rate this is all so hard to believe but we are so grateful….
10-19-2021 Newshound Guru Pimpy What have we learned over the past year...? Is an RV or an RI possible? Are we getting any closer at all to achieving what we all want? Just so you know an RV is when they revalue the currency and RI is when they reinstate the value of a currency to its prior value...the United Nations, United Nations Security Council, the Forum On Economic Development all said there's no reason for Iraq not to be reinstated to their value of $3.22 cents prior to the devaluing of the currency by our country [USA].
10-19-2021 Intel Guru MarkZ [via PDK] On the banking side we have not seen any movement yet...Buckle up- we may still be in the doldrums waiting for things to start...I think this is our week.
10-19-2021 Newshound Guru Vital Brad If you look at the region where Iraq's at - Kuwait...their currency is very very valuable because of oil reserves. If it [Iraqi dinar] comes out at 10 cents I'll probably cash out half at the 10 cent rate and then I'm gonna wait. I'm gonna hold for it to raise even more. That's just my opinion.
10-19-2021 Newshound Guru Kaperoni Speculative challenge [They may LOP and let it rise and fall from there which it looks to me like all the cards are stacked in that direction. They are just waiting for the right conditions and timing. Please convince me that the odds are over 50% in other direction. Hope I’m wrong!...] Remember, Iraq intentionally sold the dinar around the world so that it could eventually be held in central banks as a hard currency. Such an event would contradict that intention. Countries that have done that [LOP] have not been successful...
10-19-2021 Intel Guru MarkZ [via PDK] Bankers are all chattering with anticipation. Contractors in Iraq are also looking at mid week for spendable funds on their cards. I am still hearing from multiple sources that the rate is $4.71.
10-19-2021 Newshound/Intel Guru Mnt Goat ...Changes are coming and these changes we will like. This is when we will get the reinstatement...
10-19-2021 Intel Guru Frank26 [Iraq Boots-on-the-ground Firefly TV update]: FIREFLY: Tv loaded with commercials today showing Iraq as up and coming country showing new banks new businesses coming showing all good things about Iraq we seeing new commercials for banks…Arab league fund and IMF starting changing rate policy study and guideline big event going on it’s on tv about changing exchange rate policy…It’s all over our television every channel...new commercials...talking to us about the exchange rate...this is amazing. Says it’s a course on exchange rate policy. It’s hard to believe what we are hearing...our banks will soon give us a modern currency with a modern exchange rate this is all so hard to believe but we are so grateful….
10-19-2021 Newshound Guru Pimpy What have we learned over the past year...? Is an RV or an RI possible? Are we getting any closer at all to achieving what we all want? Just so you know an RV is when they revalue the currency and RI is when they reinstate the value of a currency to its prior value...the United Nations, United Nations Security Council, the Forum On Economic Development all said there's no reason for Iraq not to be reinstated to their value of $3.22 cents prior to the devaluing of the currency by our country [USA].
10-19-2021 Intel Guru MarkZ [via PDK] On the banking side we have not seen any movement yet...Buckle up- we may still be in the doldrums waiting for things to start...I think this is our week.
10-19-2021 Newshound Guru Vital Brad If you look at the region where Iraq's at - Kuwait...their currency is very very valuable because of oil reserves. If it [Iraqi dinar] comes out at 10 cents I'll probably cash out half at the 10 cent rate and then I'm gonna wait. I'm gonna hold for it to raise even more. That's just my opinion.
10-19-2021 Newshound Guru Kaperoni Speculative challenge [They may LOP and let it rise and fall from there which it looks to me like all the cards are stacked in that direction. They are just waiting for the right conditions and timing. Please convince me that the odds are over 50% in other direction. Hope I’m wrong!...] Remember, Iraq intentionally sold the dinar around the world so that it could eventually be held in central banks as a hard currency. Such an event would contradict that intention. Countries that have done that [LOP] have not been successful...
10-19-2021 Intel Guru MarkZ [via PDK] Bankers are all chattering with anticipation. Contractors in Iraq are also looking at mid week for spendable funds on their cards. I am still hearing from multiple sources that the rate is $4.71.
10-19-2021 Newshound/Intel Guru Mnt Goat ...Changes are coming and these changes we will like. This is when we will get the reinstatement...
10-18-2021 Intel Guru MarkZ [via PDK] ...interesting news over the weekend…we saw $4.71 pop up on cards for contractors in Iraq. I can verify this. I have had a number of people call me with this news. They expect release of those funds today or tomorrow. As of late yesterday they do not yet have free spending of those funds...So at a $4.71 rate that would make a 25k dinar note worth $117,750.00 US ...
10-18-2021 Intel Guru Holly I am going to say very little. We are close. Do not fret the hour or the day. Do not question all the details. Know it is happening and underway...
10-18-2021 Newshound Guru Pimpy There's a lot of people expecting this RV announcement or an RI announcement and I'm not saying that's not going to happen but I'm saying the most likely scenario is we just pay attention to what's going on in the country and then we could watch as time goes on and they continue to get back on solid ground they start to restore the nation you're going to see quickly over a couple years it [the dinar rate] jump up in huge increments...
10-18-2021 Intel Guru Frank26 Don't go to the bank by yourself. Please don't go to the bank by yourself. Human beings are easily manipulated and don't go with an even number go with an odd number - Break the tie. Be well prepared...When you get into the bank be smart. Don't let them take advantage of you. You are now Mr. Clampett, the bank guy that you're talking to is Mr. Drysdale. Make him jump for your demands. If not - go to another bank.
10-18-2021 Intel Guru MarkZ [via PDK] I have great hope that this will be our week based on all the chatter I am getting…it has been phenomenal!! ...many are pointing to tomorrow... We are watching to see how today pans out… I am getting emails, messages and text coming in from different banking centers. ...I am expecting a lot of chatter and updates today... Hopefully I will be wearing the Golden Egg shirt for you all later...
10-18-2021 Newshound Guru Vital Brad I don't want to get political...by any means but as much as I've actually been against the Democrats, liberals and that party, that string of presidents from the Bushes, to the Clintons, to Obama, to Biden I think they're the ones pushing for this to happen for us. So with Biden in office it's making the U.S. economy prepare for a collapse potentially and by dropping the value of the dollar it's going to allow for the global currency reset which includes a basket of currencies that will be revalued and their rates will be changed. One of those being the Iraqi dinar...I believe the stage is being set and the curtain is about to be opened and we're in for a big reveal...
10-18-2021 Intel Guru Holly I am going to say very little. We are close. Do not fret the hour or the day. Do not question all the details. Know it is happening and underway...
10-18-2021 Newshound Guru Pimpy There's a lot of people expecting this RV announcement or an RI announcement and I'm not saying that's not going to happen but I'm saying the most likely scenario is we just pay attention to what's going on in the country and then we could watch as time goes on and they continue to get back on solid ground they start to restore the nation you're going to see quickly over a couple years it [the dinar rate] jump up in huge increments...
10-18-2021 Intel Guru Frank26 Don't go to the bank by yourself. Please don't go to the bank by yourself. Human beings are easily manipulated and don't go with an even number go with an odd number - Break the tie. Be well prepared...When you get into the bank be smart. Don't let them take advantage of you. You are now Mr. Clampett, the bank guy that you're talking to is Mr. Drysdale. Make him jump for your demands. If not - go to another bank.
10-18-2021 Intel Guru MarkZ [via PDK] I have great hope that this will be our week based on all the chatter I am getting…it has been phenomenal!! ...many are pointing to tomorrow... We are watching to see how today pans out… I am getting emails, messages and text coming in from different banking centers. ...I am expecting a lot of chatter and updates today... Hopefully I will be wearing the Golden Egg shirt for you all later...
10-18-2021 Newshound Guru Vital Brad I don't want to get political...by any means but as much as I've actually been against the Democrats, liberals and that party, that string of presidents from the Bushes, to the Clintons, to Obama, to Biden I think they're the ones pushing for this to happen for us. So with Biden in office it's making the U.S. economy prepare for a collapse potentially and by dropping the value of the dollar it's going to allow for the global currency reset which includes a basket of currencies that will be revalued and their rates will be changed. One of those being the Iraqi dinar...I believe the stage is being set and the curtain is about to be opened and we're in for a big reveal...
10-17-2021 Newshound/Intel Guru Mnt Goat So when will the RV happen then? We do not have to speculate as we will know when the CBI is going to go ahead. Trust me on this one since I have very good sources in the CBI itself who keep me informed.
10-17-2021 Newshound Guru Desert Advisor There were the elections. The guy who was elected he talked about raising the dinar gradually and bonds have now been issued for the government. Looks like they're continuing to do what they need to...based on the price of the Iraqi dinar today and let's say it takes 5 years to float back up to a dollar, three dollars what it used to be, What kind of rate of return would that be? What kind of opportunity is that?
10-17-2021 New Newshound Guru Edu Matrix Article: "Partial results show pro-Iran groups losing Iraq election" This is great news. We now know that the elections had a low turnout rate however the people who did vote voted down the pro-Iran groups. Meaning people are awake in Iraq. They know what time it is...we are hoping for a parliament that will supports Iraq's inclusion in the global financial world without going against Iraq's constitution...
10-17-2021 Newshound Guru Pimpy Banking meetings - there's a ton of them going on and it's not just in Iraq. It seems to be worldwide...bank reforms. There is a lot of that going on. Here's my theory on this... Article: "The Ministry of Finance announced the restructuring of Al-Rafidain Bank" We already seen an article similar to this...but this on seems to be a little more in detail...they were going to do an ad campaign on behalf of the dinar to encourage people to start using the dinar and get rid of the U.S. dollars...this new restructuring in banking is meant to try to get people to have more confidence in the dinar...
10-17-2021 Newshound Guru Clare Question: [Has anyone heard anything new about the lower denomination notes?] WHEN THE CBI IS READY TO RELEASE THEM ... THEY WILL RELEASE THEM INTERNALLY...THE CBI HAS NOT SAID THE NEW GOI HAS TO BE ANNOUNCED NOR HAVE THEY SAID LAWS HAVE TO BE PASSED FOR THAT TO HAPPEN...THERE IS NO ARTICLE STATING THAT ... AS A MATTER OF FACT MANY ARTICLES STATE THE CBI IS INDEPENDENT AND THE EXCHANGE RATE IS IN THE CBI'S HANDS...AND WE DO KNOW THE NSCN'S NEED A NEW RATE AT THE ONSET...IMO.
10-17-2021 Newshound/Intel Guru Mnt Goat Article: "IRAQI OIL IS HEADING TO APPROVE A “GIANT” EXPLORATION PROJECT IN THE WESTERN DESERT" ...Iraq is floating in oil and is very rich. There is so much wealth yet to be untapped...
10-17-2021 Newshound Guru Desert Advisor There were the elections. The guy who was elected he talked about raising the dinar gradually and bonds have now been issued for the government. Looks like they're continuing to do what they need to...based on the price of the Iraqi dinar today and let's say it takes 5 years to float back up to a dollar, three dollars what it used to be, What kind of rate of return would that be? What kind of opportunity is that?
10-17-2021 New Newshound Guru Edu Matrix Article: "Partial results show pro-Iran groups losing Iraq election" This is great news. We now know that the elections had a low turnout rate however the people who did vote voted down the pro-Iran groups. Meaning people are awake in Iraq. They know what time it is...we are hoping for a parliament that will supports Iraq's inclusion in the global financial world without going against Iraq's constitution...
10-17-2021 Newshound Guru Pimpy Banking meetings - there's a ton of them going on and it's not just in Iraq. It seems to be worldwide...bank reforms. There is a lot of that going on. Here's my theory on this... Article: "The Ministry of Finance announced the restructuring of Al-Rafidain Bank" We already seen an article similar to this...but this on seems to be a little more in detail...they were going to do an ad campaign on behalf of the dinar to encourage people to start using the dinar and get rid of the U.S. dollars...this new restructuring in banking is meant to try to get people to have more confidence in the dinar...
10-17-2021 Newshound Guru Clare Question: [Has anyone heard anything new about the lower denomination notes?] WHEN THE CBI IS READY TO RELEASE THEM ... THEY WILL RELEASE THEM INTERNALLY...THE CBI HAS NOT SAID THE NEW GOI HAS TO BE ANNOUNCED NOR HAVE THEY SAID LAWS HAVE TO BE PASSED FOR THAT TO HAPPEN...THERE IS NO ARTICLE STATING THAT ... AS A MATTER OF FACT MANY ARTICLES STATE THE CBI IS INDEPENDENT AND THE EXCHANGE RATE IS IN THE CBI'S HANDS...AND WE DO KNOW THE NSCN'S NEED A NEW RATE AT THE ONSET...IMO.
10-17-2021 Newshound/Intel Guru Mnt Goat Article: "IRAQI OIL IS HEADING TO APPROVE A “GIANT” EXPLORATION PROJECT IN THE WESTERN DESERT" ...Iraq is floating in oil and is very rich. There is so much wealth yet to be untapped...
10-16-2021 Intel Guru Bruce [via WiserNow] ...I know about rates but I can’t talk about them ok – I wish I could share it – but I can’t – it’s not possible – So – let’s say this – the rates are going to be great...
10-16-2021 Newshound Guru Desert Advisor They started offering more bonds. Article "The Ministry of Finance announces the issuance of construction bonds in the financial market" Bonds are a great way to increase the reserves and get money out of circulation. You have investors, big banks, they invest millions of dollars into these bonds...that takes money out of circulation. That's one more way of increasing the value of the dinar.
10-16-2021 Newshound Guru Pimpy Article: "The Second Central Bank Strategy (2021-2023) An approach to Monetary and Financial Reform" Bunch of mumbo-jumbo about how they're gonna do what they can to strengthen the economy of Iraq and making sure that their rules and regulations put everything in place so that it can help support the Iraqi dinar and strengthen it at the same time. What I also like about this article is it talks about the different areas in which they're going to help strengthen and help with lending and financing. This is really good to help build the private sectors. That's what we want to see.
10-16-2021 Intel Guru Holly ...RV Update: So much is going on behind the scenes. You thought nothing happened yesterday but so much did. Just because you do not see it yet, so very much is happening and has happened... know this blessing is on hand and will be revealed soon...I can’t say more but you should be happy soon.
10-16-2021 Newshound Guru Vital Brad This is what gets me interested...Right now Iraq's currency is not on the International market. It's not a tradable Forex currency. So why is this all the sudden saying that the bank decided to adopt in allowing foreign currency to be traded at what they're calling this currency sale window? That's going to start working as of the date October 17th...I'm really interested to see what happens Sunday. [Post 2 of 2]
10-16-2021 Newshound Guru Vital Brad We had talked about October 17th. The Central Bank of Iraq put out an article "Instructions for buying and selling foreign currency for the year 2021" ...mentioning their currency being traded at the International window - am I interpreting it as a potential revaluation? Maybe. I don't know what's going to happen that day...if anything happens I'll definitely be letting you know if anything breaking comes. [Post 1 of 2....stay tuned]
10-16-2021 Intel Guru MarkZ I have had a number of confirmations from government contractors and government employees out of Iraq since yesterday that the rate over there is going to be $4.71. This is what the contractors told me…many sources… We will find out for sure when Iraq banks open tomorrow…Let’s hope this is it…the news really has been phenominal!!
10-16-2021 Newshound Guru Kaperoni The CBI also published monetary policy expectations 2020 through 2022. Which included many steps including digital transition, banking insurance, development of the banking sector, facilitating financing and putting the dinar on par with the dollar globally. We shall see.
10-16-2021 Intel Guru Bruce [via WiserNow] ...we heard...that banks are no longer offering foreign currencies for sale – now this would be for any currency - that is how close we are...
10-16-2021 Intel Gurus MarkZ & Okie_Oil_Man MARKZ: I am getting fantastic chatter and I know you are as well…. I am getting solid stuff from the banking side…are you hearing similar things? ...praying that you get to “land that plane” for us. OKIE: I am hearing this also...I look forward to landing...nuff said.
10-16-2021 Newshound Guru Desert Advisor They started offering more bonds. Article "The Ministry of Finance announces the issuance of construction bonds in the financial market" Bonds are a great way to increase the reserves and get money out of circulation. You have investors, big banks, they invest millions of dollars into these bonds...that takes money out of circulation. That's one more way of increasing the value of the dinar.
10-16-2021 Newshound Guru Pimpy Article: "The Second Central Bank Strategy (2021-2023) An approach to Monetary and Financial Reform" Bunch of mumbo-jumbo about how they're gonna do what they can to strengthen the economy of Iraq and making sure that their rules and regulations put everything in place so that it can help support the Iraqi dinar and strengthen it at the same time. What I also like about this article is it talks about the different areas in which they're going to help strengthen and help with lending and financing. This is really good to help build the private sectors. That's what we want to see.
10-16-2021 Intel Guru Holly ...RV Update: So much is going on behind the scenes. You thought nothing happened yesterday but so much did. Just because you do not see it yet, so very much is happening and has happened... know this blessing is on hand and will be revealed soon...I can’t say more but you should be happy soon.
10-16-2021 Newshound Guru Vital Brad This is what gets me interested...Right now Iraq's currency is not on the International market. It's not a tradable Forex currency. So why is this all the sudden saying that the bank decided to adopt in allowing foreign currency to be traded at what they're calling this currency sale window? That's going to start working as of the date October 17th...I'm really interested to see what happens Sunday. [Post 2 of 2]
10-16-2021 Newshound Guru Vital Brad We had talked about October 17th. The Central Bank of Iraq put out an article "Instructions for buying and selling foreign currency for the year 2021" ...mentioning their currency being traded at the International window - am I interpreting it as a potential revaluation? Maybe. I don't know what's going to happen that day...if anything happens I'll definitely be letting you know if anything breaking comes. [Post 1 of 2....stay tuned]
10-16-2021 Intel Guru MarkZ I have had a number of confirmations from government contractors and government employees out of Iraq since yesterday that the rate over there is going to be $4.71. This is what the contractors told me…many sources… We will find out for sure when Iraq banks open tomorrow…Let’s hope this is it…the news really has been phenominal!!
10-16-2021 Newshound Guru Kaperoni The CBI also published monetary policy expectations 2020 through 2022. Which included many steps including digital transition, banking insurance, development of the banking sector, facilitating financing and putting the dinar on par with the dollar globally. We shall see.
10-16-2021 Intel Guru Bruce [via WiserNow] ...we heard...that banks are no longer offering foreign currencies for sale – now this would be for any currency - that is how close we are...
10-16-2021 Intel Gurus MarkZ & Okie_Oil_Man MARKZ: I am getting fantastic chatter and I know you are as well…. I am getting solid stuff from the banking side…are you hearing similar things? ...praying that you get to “land that plane” for us. OKIE: I am hearing this also...I look forward to landing...nuff said.
10-15-2021 Intel Gurus Frank26 [Iraq Boots-on-the-ground Firefly TV update] FIREFLY: Sadr...on tv saying...we will improve the dinar to be in the ranks of the international currencies... FRANK26: Improve your currency to international levels …no kidding… and he [Sadr] says that Iraqi citizens are about to be rich… no kidding …Like we need to hear it from him lol but you will soon hear it from Kazemi and the governor of your CBI …by the way...the auctions today they are at a phenomenally low level for a phenomenal reason…
10-15-2021 Newshound Guru Pimpy Article: "The International Monetary Fund expects significant growth in the Iraqi economy and decline in inflation in 2022" Heck yeah that's what we want to see. The IMF is predicting that Iraq's economy will improve by 10.5% next year. That's awesome . And there will be a decrease in inflation by 4.5%. That's exactly the type of thing we are looking for. This is going in the right direction...when you want to talk about things to look for indicators that their currency is going to grow in value these are some biggies right here...this is great news...it's looking really good for Iraq.
10-15-2021 Intel Guru Bruce [via WiserNow] ...basically – things are still moving forward...bank sources that we have...are talking about the weekend – which is the 16th 17th - Sat & Sun – for our notifications to go out – yes even Sunday...if we do get notified sat or Sunday – the 18th Monday – would actually be our start for exchanges – so we’ve got a pretty strong weekend possibility this weekend...
10-15-2021 Intel Gurus MarkZ ...the chatter has been phenomenal. There is lots of anticipation for this weekend.
10-15-2021 Newshound Guru Kaperoni The IMF came out...stating that they expect significant economy growth in Iraq next year to 10.5% and inflation to go down to 4.5% out producing all other oil producing Middle Eastern countries. To be honest those are pretty big numbers coming from the IMF so they must be confident that Iraq is about to turn the corner and build their economy.
10-15-2021 Intel Guru Okie_Oil_Man I owe so much to so many for all their prayers. I believe those prayers are literally keeping me alive. I just passed my 80th birthday and I thank the good lord for giving me enough years to see us all in the position we are in right now... I am expecting great things to happen rather suddenly. I have been in this since 2003 and...I am expecting it rather soon...
10-15-2021 Newshound Guru Desert Advisor Article: "Iraq's Government Interventions Prompt Improvement in Forex Reserves" They're heavily talking about Forex publicly now...they also mentioned that Iraq is trading strong against the global currencies already. Which I was kind of confused because I really couldn't see anything else to verify that it is trading internationally but that article mentioned it so check it out yourself...
10-15-2021 Newshound Guru Pimpy {Election} It's looking good. There are some discrepancies but hopefully nothing major. Let's hope that all the right people we want to see get in office get in there because we want to see them raise the exchange rate of the dinar against the international communities...
10-15-2021 Intel Guru Frank26 [Iraq Boots-on-the-ground Firefly TV update]: FIREFLY: Tv today showed CBI rep saying they now are in the second phase of strategy for economic and financial reforms in accordance with the white papers for years 2021 to 2023. They went on to talk about all the parts the CBI banks are and will do for the white papers...Sadr back on tv saying the peoples oil is for the people and we will improve the dinar to be in the ranks of the international currencies gradually...Saying Iraq’s people should be rich it’s in their constitution that the oil money belongs partly with the citizens it’s their right to have shares of the oil revenues…saying from finance minister Iraq needs to adjust dollar exchange rate as the price of oil exceeds 80 a barrel….
10-15-2021 Newshound Guru Pimpy Article: "The International Monetary Fund expects significant growth in the Iraqi economy and decline in inflation in 2022" Heck yeah that's what we want to see. The IMF is predicting that Iraq's economy will improve by 10.5% next year. That's awesome . And there will be a decrease in inflation by 4.5%. That's exactly the type of thing we are looking for. This is going in the right direction...when you want to talk about things to look for indicators that their currency is going to grow in value these are some biggies right here...this is great news...it's looking really good for Iraq.
10-15-2021 Intel Guru Bruce [via WiserNow] ...basically – things are still moving forward...bank sources that we have...are talking about the weekend – which is the 16th 17th - Sat & Sun – for our notifications to go out – yes even Sunday...if we do get notified sat or Sunday – the 18th Monday – would actually be our start for exchanges – so we’ve got a pretty strong weekend possibility this weekend...
10-15-2021 Intel Gurus MarkZ ...the chatter has been phenomenal. There is lots of anticipation for this weekend.
10-15-2021 Newshound Guru Kaperoni The IMF came out...stating that they expect significant economy growth in Iraq next year to 10.5% and inflation to go down to 4.5% out producing all other oil producing Middle Eastern countries. To be honest those are pretty big numbers coming from the IMF so they must be confident that Iraq is about to turn the corner and build their economy.
10-15-2021 Intel Guru Okie_Oil_Man I owe so much to so many for all their prayers. I believe those prayers are literally keeping me alive. I just passed my 80th birthday and I thank the good lord for giving me enough years to see us all in the position we are in right now... I am expecting great things to happen rather suddenly. I have been in this since 2003 and...I am expecting it rather soon...
10-15-2021 Newshound Guru Desert Advisor Article: "Iraq's Government Interventions Prompt Improvement in Forex Reserves" They're heavily talking about Forex publicly now...they also mentioned that Iraq is trading strong against the global currencies already. Which I was kind of confused because I really couldn't see anything else to verify that it is trading internationally but that article mentioned it so check it out yourself...
10-15-2021 Newshound Guru Pimpy {Election} It's looking good. There are some discrepancies but hopefully nothing major. Let's hope that all the right people we want to see get in office get in there because we want to see them raise the exchange rate of the dinar against the international communities...
10-15-2021 Intel Guru Frank26 [Iraq Boots-on-the-ground Firefly TV update]: FIREFLY: Tv today showed CBI rep saying they now are in the second phase of strategy for economic and financial reforms in accordance with the white papers for years 2021 to 2023. They went on to talk about all the parts the CBI banks are and will do for the white papers...Sadr back on tv saying the peoples oil is for the people and we will improve the dinar to be in the ranks of the international currencies gradually...Saying Iraq’s people should be rich it’s in their constitution that the oil money belongs partly with the citizens it’s their right to have shares of the oil revenues…saying from finance minister Iraq needs to adjust dollar exchange rate as the price of oil exceeds 80 a barrel….
10-15-2021 Guru Member IFollowOne [Community Sentiment] Welcome back Frank, you have been missed....
10-14-2021 Intel Guru MarkZ [via PDK] ...in Iraq I have not heard from my contractor but did hear from another person. Banks in Iraq are closed half days on Friday, closed on Saturdays and reopen on Sundays. So he thought we may have to wait until Sunday to see if they had a rate change and changed values in their paychecks over there...
10-14-2021 Newshound/Intel Guru Mnt Goat Article: "MR. AL-SADR: TO RESTORE IRAQ’S PRESTIGE AND STRENGTH. WE WILL FIGHT THE CORRUPT BY LAWMR. AL-SADR: TO RESTORE IRAQ’S PRESTIGE AND STRENGTH.. WE WILL FIGHT THE CORRUPT BY LAW" Okay, so now we have the support of Sadr and Al-Kezemi in the White Paper reforms. How can the news get any better?
10-14-2021 Newshound Guru MilitiaMan Article: "The Cabinet Secretariat approves the mechanisms for lending large projects" If this article is suggesting they have an approved mechanism (as an example that a Dinar is equal to a Dollar), then they did a good job leaking that out. They did that on the back of the Sadr horse with one heck of a start out the gate in respect to changing the value of the exchange rate! If that is the case I can understand a gradual increase from there with a managed or directed float. Regardless this is looking very good and timed with urgency. There are to be procedures in place on the 17th per the CBI for foreign currency exchange... Being 1:1 at that time may very well be necessary so that the Dinar can begin the journey to being in the ranks with global currencies!!...
10-14-2021 Newshound Guru Claire Article: "The International Monetary expects significant growth in the Iraqi economy and a decline in inflation in 2022" Quote: "the gross domestic product is expected to grow significantly, outperforming all oil-producing countries, to reach 10.5 percent...
10-14-2021 Intel Guru MarkZ [via PDK] We are waiting to see what today brings...I have nothing new for you. It’s crazy quiet. All we can do is sit tight...
10-14-2021 Newshound Guru Pimpy Article: "New Instructions for buying and selling foreign currency for the year 2021 and the stability of the dinar exchange rate" This is the one everybody's talking about...the wording in here is a little eye-catching...what I like is the fact that they're saying they have to hold enough foreign reserves to be able to handle any kind of exchange that comes in. Now calm down...That doesn't mean there's going to be a rate change...they're definitely building up the private sector and that's what they need to do...just so you guys know part of the calculations for any foreign currency to have its value is the amount of foreign reserves that it has and it appears Iraq is getting there.
10-14-2021 Newshound Guru Desert Advisor A few weeks ago it was announced by one of the representatives about the price of oil. Quote: "Representative Al Nassif called on the Minister of Finance to reduce the exchange rate of the dollar after the price of a barrel of oil exceeded eighty dollars..." They are announcing publicly from pretty much their members of congress talking about they want to raise the rate.
10-14-2021 Newshound Guru Kaperoni Al- Sadr made a statement ...in the media after winning the largest Bloc that "We will work to raise the iraqi dinar to be in the ranks of global currencies gradually." In other words there is no overnight RV as I've been saying all along. What that is saying really is they will float and it will go up gradually based on the growth of the economy...
10-14-2021 Intel Guru Bruce [via WiserNow] ...we do believe it’s finally on its way to fruition for us – and … come full circle to all the way where it is we want it to show - I feel good about what I was hearing... I would say we are in a good place right now...we have to stay positive about even the fact that intel is quiet...this could go at any second – that is what I’m hearing – I’m just taking it – giving it out – just like I got it – and let’s see what develops...
10-14-2021 Newshound/Intel Guru Mnt Goat Article: "MR. AL-SADR: TO RESTORE IRAQ’S PRESTIGE AND STRENGTH. WE WILL FIGHT THE CORRUPT BY LAWMR. AL-SADR: TO RESTORE IRAQ’S PRESTIGE AND STRENGTH.. WE WILL FIGHT THE CORRUPT BY LAW" Okay, so now we have the support of Sadr and Al-Kezemi in the White Paper reforms. How can the news get any better?
10-14-2021 Newshound Guru MilitiaMan Article: "The Cabinet Secretariat approves the mechanisms for lending large projects" If this article is suggesting they have an approved mechanism (as an example that a Dinar is equal to a Dollar), then they did a good job leaking that out. They did that on the back of the Sadr horse with one heck of a start out the gate in respect to changing the value of the exchange rate! If that is the case I can understand a gradual increase from there with a managed or directed float. Regardless this is looking very good and timed with urgency. There are to be procedures in place on the 17th per the CBI for foreign currency exchange... Being 1:1 at that time may very well be necessary so that the Dinar can begin the journey to being in the ranks with global currencies!!...
10-14-2021 Newshound Guru Claire Article: "The International Monetary expects significant growth in the Iraqi economy and a decline in inflation in 2022" Quote: "the gross domestic product is expected to grow significantly, outperforming all oil-producing countries, to reach 10.5 percent...
10-14-2021 Intel Guru MarkZ [via PDK] We are waiting to see what today brings...I have nothing new for you. It’s crazy quiet. All we can do is sit tight...
10-14-2021 Newshound Guru Pimpy Article: "New Instructions for buying and selling foreign currency for the year 2021 and the stability of the dinar exchange rate" This is the one everybody's talking about...the wording in here is a little eye-catching...what I like is the fact that they're saying they have to hold enough foreign reserves to be able to handle any kind of exchange that comes in. Now calm down...That doesn't mean there's going to be a rate change...they're definitely building up the private sector and that's what they need to do...just so you guys know part of the calculations for any foreign currency to have its value is the amount of foreign reserves that it has and it appears Iraq is getting there.
10-14-2021 Newshound Guru Desert Advisor A few weeks ago it was announced by one of the representatives about the price of oil. Quote: "Representative Al Nassif called on the Minister of Finance to reduce the exchange rate of the dollar after the price of a barrel of oil exceeded eighty dollars..." They are announcing publicly from pretty much their members of congress talking about they want to raise the rate.
10-14-2021 Newshound Guru Kaperoni Al- Sadr made a statement ...in the media after winning the largest Bloc that "We will work to raise the iraqi dinar to be in the ranks of global currencies gradually." In other words there is no overnight RV as I've been saying all along. What that is saying really is they will float and it will go up gradually based on the growth of the economy...
10-14-2021 Intel Guru Bruce [via WiserNow] ...we do believe it’s finally on its way to fruition for us – and … come full circle to all the way where it is we want it to show - I feel good about what I was hearing... I would say we are in a good place right now...we have to stay positive about even the fact that intel is quiet...this could go at any second – that is what I’m hearing – I’m just taking it – giving it out – just like I got it – and let’s see what develops...
10-13-2021 Intel Guru MarkZ [via PDK] From all of my sources – it is moment to moment right now...We don’t have an idea on timing…I have been getting constant calls because they have everybody ramped up in anticipation.
10-13-2021 Newshound Guru Militiaman On the day of election results we see that Sadr is saying... "We will work to raise the Iraqi dinar to be in the ranks of global currencies gradually," I am not sure what his definition of gradual is but, Article 8 is fully international, therefore, at the starting gate there needs to be a beginning. Going international at 1460 imo is not in the cards. Sadr is not the financial expert in charge of changing the exchange rate. The CBI is and will be. imo. Regardless, change is coming...
10-13-2021 Newshound Guru Kaperoni Looks like the Sadrist bloc (Al-Sadr) will be the majority from the elections. They will have the right to choose the next prime minister. Since he does not get along with Al-Maliki we can assume it will not be him or anyone from his party. As for current prime minister Al-Kazemi, he may very well put himself in position for tenure as prime minister and to achieve his economic agenda.
10-13-2021 Newshound Guru Pimpy I'm glad this election is over. As you can see the rate didn't change...people spreading rumors about how the rates gonna change on the day of the election although that would probably be a real sneaky tactic...What is the next benchmark here? Oh yeah the 17th. That's the other one everybody is talking about. We will see. Hang tight. Like I said it won't necessarily be an RI or RV. We're going to see it jump up in increments. As long as the economy continues to grow in strength, the private sector is being built, they're not relying so much on oil, there's a lot of factors. So far so good. I'm happy and I'm curious to see who won...
10-13-2021 Guest Guru Vital Brad's Dad There's probably 5 people or less that have any kind of indication as to when it may actually fly. And there may still be things we don't know of that have to be put into place either in Iraq laws/governments/whatever before it can actually go...There may still be things out there that need to be done that we don't know about...but again turn around and it could happen on the 17th...
10-13-2021 Newshound/Intel Guru Mnt Goat Article: "AL-SADR: WE WILL WORK TO RAISE THE LEVEL OF THE IRAQI DINAR" ...Could the news get any better? Yes, they are coming right out now and telling us now that they fully intend to go international (FOREX). I quote from the article above – “The people’s oil is for the people, and we will improve the dinar to be in the ranks of international currencies gradually and activate the role of clans to support the stability of Iraq”...
10-13-2021 Guest Guru Deepwoodz IMO...someone isn't happy with the [election] results! [Articles posted by Newshound Guru Samson] "Iran stops the process of exporting gas to Iraq, and a decrease in hours of electricity supply" "The Iranian press justifies the loss of Tehran's allies in the elections with 'Iranphobia'"
10-13-2021 Intel Guru MarkZ [via PDK] I don’t think we are in a groundhog day. I think they are simply waiting . We heard waiting for Wednesday night to Thursday. I know many folks are very positive for tonight and tomorrow. [Gurus]Bruce, Holly...all saying positive things. I am hearing many of the same things and feel very positive for the very near future. My contractors in Iraq are still expecting new rates there on the 15th. That is just 2 days away…. I think this is an exciting time.
10-13-2021 Newshound Guru Desert Advisor Who won the elections? Al-Sadr. What happens? He comes out and says this, article quote "We will work to raise the Iraqi dinar to be in the ranks of global currency gradually." This guy was just elected and right away he says we want to raise the Iraqi dinar in the ranks of the global currencies - gradually. Is that the 5 year plan they talked about with the reform of the white papers? Does that mean there won't be an RV? But it's slowly going to float all the way? I don't know. The global currencies - their neighbor Kuwait at $3.32 and Jordan at $1.41 and if you may or may not know the Iraqi dinar was worth $3 in the 90's. So who knows what they're going to go to in those ranks.
10-13-2021 Newshound/Intel Guru Mnt Goat The Central Bank of Iraq (CBI) in coordination with the Finance Ministry will decide when the RV happens not some election cycle. They will do it based on sound economic and financial policies...First, we need to see the project to delete the zeros...There is a process involved...the beginning of the fiscal year is the most opportune time for the CBI to conduct this process... the first step being to kick off the process with the project to delete the zeros. Then the CBI monitors or watches for inflation (how long we don’t know and even the CBI does not know) and if all went well within Iraq they would then decide or decline to go to FOREX and reinstate the dinar. To ensure the crash of the Iraqi dinar does not happen upon the reinstatement, they are pursuing (have pursued) all avenues to beef up the dinar and support the new coming rate. ...we all should be very happy this is taking place and witnessing it right in front of our noses.
10-13-2021 Newshound Guru Pimpy Looks like some exciting news ... The Sadr movement made some great achievements in the elections...they now control the parliament and this man is making a commitment that's catching the buzz around the dinar community...there's big talk about the change in the exchange rate of the dinar. How big? Who knows. We're gonna find out here shortly...there is a lot of chitta chatter happening once again about the dinar...Sadr has 73 [seats in parliament] that's huge...almost twice as many as [the group that came in] second...
10-13-2021 Intel Guru MarkZ [via PDK] The chatter from Iraq is that they are going to unpeg and the dinar is going to float in the near future. Most of the folks over there are looking at the 15th through the 17th. Buckle up.
10-13-2021 Newshound Guru Militiaman On the day of election results we see that Sadr is saying... "We will work to raise the Iraqi dinar to be in the ranks of global currencies gradually," I am not sure what his definition of gradual is but, Article 8 is fully international, therefore, at the starting gate there needs to be a beginning. Going international at 1460 imo is not in the cards. Sadr is not the financial expert in charge of changing the exchange rate. The CBI is and will be. imo. Regardless, change is coming...
10-13-2021 Newshound Guru Kaperoni Looks like the Sadrist bloc (Al-Sadr) will be the majority from the elections. They will have the right to choose the next prime minister. Since he does not get along with Al-Maliki we can assume it will not be him or anyone from his party. As for current prime minister Al-Kazemi, he may very well put himself in position for tenure as prime minister and to achieve his economic agenda.
10-13-2021 Newshound Guru Pimpy I'm glad this election is over. As you can see the rate didn't change...people spreading rumors about how the rates gonna change on the day of the election although that would probably be a real sneaky tactic...What is the next benchmark here? Oh yeah the 17th. That's the other one everybody is talking about. We will see. Hang tight. Like I said it won't necessarily be an RI or RV. We're going to see it jump up in increments. As long as the economy continues to grow in strength, the private sector is being built, they're not relying so much on oil, there's a lot of factors. So far so good. I'm happy and I'm curious to see who won...
10-13-2021 Guest Guru Vital Brad's Dad There's probably 5 people or less that have any kind of indication as to when it may actually fly. And there may still be things we don't know of that have to be put into place either in Iraq laws/governments/whatever before it can actually go...There may still be things out there that need to be done that we don't know about...but again turn around and it could happen on the 17th...
10-13-2021 Newshound/Intel Guru Mnt Goat Article: "AL-SADR: WE WILL WORK TO RAISE THE LEVEL OF THE IRAQI DINAR" ...Could the news get any better? Yes, they are coming right out now and telling us now that they fully intend to go international (FOREX). I quote from the article above – “The people’s oil is for the people, and we will improve the dinar to be in the ranks of international currencies gradually and activate the role of clans to support the stability of Iraq”...
10-13-2021 Guest Guru Deepwoodz IMO...someone isn't happy with the [election] results! [Articles posted by Newshound Guru Samson] "Iran stops the process of exporting gas to Iraq, and a decrease in hours of electricity supply" "The Iranian press justifies the loss of Tehran's allies in the elections with 'Iranphobia'"
10-13-2021 Intel Guru MarkZ [via PDK] I don’t think we are in a groundhog day. I think they are simply waiting . We heard waiting for Wednesday night to Thursday. I know many folks are very positive for tonight and tomorrow. [Gurus]Bruce, Holly...all saying positive things. I am hearing many of the same things and feel very positive for the very near future. My contractors in Iraq are still expecting new rates there on the 15th. That is just 2 days away…. I think this is an exciting time.
10-13-2021 Newshound Guru Desert Advisor Who won the elections? Al-Sadr. What happens? He comes out and says this, article quote "We will work to raise the Iraqi dinar to be in the ranks of global currency gradually." This guy was just elected and right away he says we want to raise the Iraqi dinar in the ranks of the global currencies - gradually. Is that the 5 year plan they talked about with the reform of the white papers? Does that mean there won't be an RV? But it's slowly going to float all the way? I don't know. The global currencies - their neighbor Kuwait at $3.32 and Jordan at $1.41 and if you may or may not know the Iraqi dinar was worth $3 in the 90's. So who knows what they're going to go to in those ranks.
10-13-2021 Newshound/Intel Guru Mnt Goat The Central Bank of Iraq (CBI) in coordination with the Finance Ministry will decide when the RV happens not some election cycle. They will do it based on sound economic and financial policies...First, we need to see the project to delete the zeros...There is a process involved...the beginning of the fiscal year is the most opportune time for the CBI to conduct this process... the first step being to kick off the process with the project to delete the zeros. Then the CBI monitors or watches for inflation (how long we don’t know and even the CBI does not know) and if all went well within Iraq they would then decide or decline to go to FOREX and reinstate the dinar. To ensure the crash of the Iraqi dinar does not happen upon the reinstatement, they are pursuing (have pursued) all avenues to beef up the dinar and support the new coming rate. ...we all should be very happy this is taking place and witnessing it right in front of our noses.
10-13-2021 Newshound Guru Pimpy Looks like some exciting news ... The Sadr movement made some great achievements in the elections...they now control the parliament and this man is making a commitment that's catching the buzz around the dinar community...there's big talk about the change in the exchange rate of the dinar. How big? Who knows. We're gonna find out here shortly...there is a lot of chitta chatter happening once again about the dinar...Sadr has 73 [seats in parliament] that's huge...almost twice as many as [the group that came in] second...
10-13-2021 Intel Guru MarkZ [via PDK] The chatter from Iraq is that they are going to unpeg and the dinar is going to float in the near future. Most of the folks over there are looking at the 15th through the 17th. Buckle up.
10-12-2021 Newshound/Intel Guru RVAlready ...The RV is in the hands of the CBI. The RV should be done by a month from now...Independent of the election, etc, etc...They do not need a new government to do the RV. They need a govt, but not for the RV...the IMF is pushing the CBI to get this done already. CBI declared Iraq stable months ago...It looks better to me now, than any time in the past. Iraq has laws in place, and the QFS is operational...
10-12-2021 Intel Guru MarkZ [via] PDK] ...Most of my folks believe we are waiting for an event that starts on Thursday. I have no idea what it could be. Last night though we did share some fantastic stuff out of Iraq as their new “Acting PM or President or interim leader” Al Sadr is saying that now that they have won…they are going to increase the value of the dinar. This was huge news from Iraq direct from the mouth of the new leader...Remember- it’s an “when” not an “if”..
10-12-2021 Newshound Guru Claire SO IN A TELEVISED SPEECH TODAY SADR SAYS THIS: "We will work to raise the Iraqi dinar to be in the ranks of global currencies gradually," Great news indeed. Now time to put it in action...
10-12-2021 Newshound/Intel Guru Mnt Goat So now the election is over. Al-Sadr party won the majority of election seats... he supports implementing the White Paper...and Al-Kazemi will most likely be the candidate that Sadr will chose and it will be official soon. ...the election is not a trigger for the RV. It never was and never will be...There never was any indication that the election had to be done first to get the RV... Just like the budget having to be passed each year...So, was the election on Oct 10th important? Sure...I believe that Al-Kazemi will continue as the prime minister and this is a very good thing...
10-12-2021 Newshound Guru Samson "Al-Sadr: We will work to raise the level of the Iraqi dinar". Quote: "he pledged, We will work to raise the Iraqi dinar to be in the ranks of global currencies gradually,"...
10-12-2021 Intel Guru MarkZ [via] PDK] Showing a large golden egg…inside this golden is another golden egg…and inside that is another…and so on…Like the RV. Our first golden egg will be the RV and the wealth transfer…and all the other eggs inside will be us helping the world, our friends and families…its going to be awesome.
10-12-2021 Newshound Guru Vital Brad Article: "Iraqi electoral voters are being manipulated by the unrealistic promises made by the political candidates in the 2021 elections" These political candidates are promising enhancing the exchange rate of the dinar...the misinformation out there - you've got to really be able to discern what's happening. IMO...there's certain politicians probably in the know...why are they putting this information [Article like this] out? To try to scare politicians or people about talking about this reset/rate change...I think we're closer than ever. I really think it's only a matter of time...
10-12-2021 Newshound Guru Pimpy Here's what everybody's talking about. Article: "Al-Sadr: We will work to raise the level of the Iraqi dinar" On Monday Sadr himself said they're going to work to improve and raise the level of the Iraqi dinar to be in the ranks of global currencies gradually. Pimpy, didn't you say it might go up in increments? I did. As much as I want an RI or RV it was my thought they should do it in increments just to make sure it doesn't damage the economy. There's plenty of reason to believe that Iraq's currency can stand at a much stronger rate than currently is. Only because of all the positive things...this is big news. This is going to be spreading like wildfire. Sadr saying they're going to raise the level of the Iraqi dinar...
10-12-2021 Intel Guru Footforward Some have confused the idea of exchanging USD in the country of Iraq for new smaller bills in Iraq as an in country RV. It's not. The only way you have an RV is if the rate of the dinar changes. Even if you have smaller notes, it doesn't do you any good unless you add value to the rate of the dinar. Any change in the rate would be seen on forex and on the CBI website...
10-12-2021 Intel Guru Fleming ...Prime Minister Mustafa al-Kadhimi has been quoted saying, “If I am re-elected, Iraq will be rich.” He is obviously talking about the re-establishment of Iraq dinar on the world stage...People from every nation will flock to Iraq...This world remains topsy-turvy, right is wrong and wrong is right, it’s all upside down. Until there is a solution brought about...There can’t be an RV...In closing...don’t give up your currencies....Hang in there.
10-12-2021 Intel Guru MarkZ [via PDK] [What is your gut saying as far as RV timing?] My gut is saying anytime in the next 2 weeks based on what we are seeing in Iraq, all of my redemption folks and bankers.
10-12-2021 Newshound Guru MilitiaMan We know from the White Papers put out that Iraq is ready now and will be cleared through the Digital Platform "BUNA" owned by the AMF. So I expect that will be similarly true with the FOREX, we shall see. imo...All is very good. The UST, G7, G20, WB, IMF, Cetral Banks meet on the 12th -15th.. They are going to be going over "Economic Inclusive Recovery's", keep that in mind...
10-12-2021 Intel Guru MarkZ [via] PDK] ...Most of my folks believe we are waiting for an event that starts on Thursday. I have no idea what it could be. Last night though we did share some fantastic stuff out of Iraq as their new “Acting PM or President or interim leader” Al Sadr is saying that now that they have won…they are going to increase the value of the dinar. This was huge news from Iraq direct from the mouth of the new leader...Remember- it’s an “when” not an “if”..
10-12-2021 Newshound Guru Claire SO IN A TELEVISED SPEECH TODAY SADR SAYS THIS: "We will work to raise the Iraqi dinar to be in the ranks of global currencies gradually," Great news indeed. Now time to put it in action...
10-12-2021 Newshound/Intel Guru Mnt Goat So now the election is over. Al-Sadr party won the majority of election seats... he supports implementing the White Paper...and Al-Kazemi will most likely be the candidate that Sadr will chose and it will be official soon. ...the election is not a trigger for the RV. It never was and never will be...There never was any indication that the election had to be done first to get the RV... Just like the budget having to be passed each year...So, was the election on Oct 10th important? Sure...I believe that Al-Kazemi will continue as the prime minister and this is a very good thing...
10-12-2021 Newshound Guru Samson "Al-Sadr: We will work to raise the level of the Iraqi dinar". Quote: "he pledged, We will work to raise the Iraqi dinar to be in the ranks of global currencies gradually,"...
10-12-2021 Intel Guru MarkZ [via] PDK] Showing a large golden egg…inside this golden is another golden egg…and inside that is another…and so on…Like the RV. Our first golden egg will be the RV and the wealth transfer…and all the other eggs inside will be us helping the world, our friends and families…its going to be awesome.
10-12-2021 Newshound Guru Vital Brad Article: "Iraqi electoral voters are being manipulated by the unrealistic promises made by the political candidates in the 2021 elections" These political candidates are promising enhancing the exchange rate of the dinar...the misinformation out there - you've got to really be able to discern what's happening. IMO...there's certain politicians probably in the know...why are they putting this information [Article like this] out? To try to scare politicians or people about talking about this reset/rate change...I think we're closer than ever. I really think it's only a matter of time...
10-12-2021 Newshound Guru Pimpy Here's what everybody's talking about. Article: "Al-Sadr: We will work to raise the level of the Iraqi dinar" On Monday Sadr himself said they're going to work to improve and raise the level of the Iraqi dinar to be in the ranks of global currencies gradually. Pimpy, didn't you say it might go up in increments? I did. As much as I want an RI or RV it was my thought they should do it in increments just to make sure it doesn't damage the economy. There's plenty of reason to believe that Iraq's currency can stand at a much stronger rate than currently is. Only because of all the positive things...this is big news. This is going to be spreading like wildfire. Sadr saying they're going to raise the level of the Iraqi dinar...
10-12-2021 Intel Guru Footforward Some have confused the idea of exchanging USD in the country of Iraq for new smaller bills in Iraq as an in country RV. It's not. The only way you have an RV is if the rate of the dinar changes. Even if you have smaller notes, it doesn't do you any good unless you add value to the rate of the dinar. Any change in the rate would be seen on forex and on the CBI website...
10-12-2021 Intel Guru Fleming ...Prime Minister Mustafa al-Kadhimi has been quoted saying, “If I am re-elected, Iraq will be rich.” He is obviously talking about the re-establishment of Iraq dinar on the world stage...People from every nation will flock to Iraq...This world remains topsy-turvy, right is wrong and wrong is right, it’s all upside down. Until there is a solution brought about...There can’t be an RV...In closing...don’t give up your currencies....Hang in there.
10-12-2021 Intel Guru MarkZ [via PDK] [What is your gut saying as far as RV timing?] My gut is saying anytime in the next 2 weeks based on what we are seeing in Iraq, all of my redemption folks and bankers.
10-12-2021 Newshound Guru MilitiaMan We know from the White Papers put out that Iraq is ready now and will be cleared through the Digital Platform "BUNA" owned by the AMF. So I expect that will be similarly true with the FOREX, we shall see. imo...All is very good. The UST, G7, G20, WB, IMF, Cetral Banks meet on the 12th -15th.. They are going to be going over "Economic Inclusive Recovery's", keep that in mind...
10-11-2021 Intel Guru MarkZ [via PDK] ...Al Sadr gets to claim victory today…This was the biggest news of the day…The election in Iraq went the way we wanted and the first thing out of Sadrs mouth is “We will work for the people and raise the value of the dinar.”!!! ...I think this is a huge moment…a watershed moment in Iraq. The IMF and the UN are pushing for them to change the value of the dinar and here it is from the man’s own mouth. I do not think the RV is very far in the future guys.
10-11-2021 Intel Guru Fleming ...Iraq is the lynchpin. As quoted in the Alarabariya, “Iraqis were voting today, Sunday, in a general election..." At least 167 parties and more than 3,200 candidates are competing for 329 seats in parliament, according to the election commission...We can be sure it will be more than a week before they have a decision...
10-11-2021 Newshound Guru Kaperoni retweet "UNAMI - Today (This past weekend) hundreds of UN staff deployed in every governorate across all of Iraq. This is currently the UN's biggest electoral mission worldwide. And the UN is proud to support all Iraqis as they cast their votes."
10-11-2021 Intel Guru MarkZ [via PDK] We should be hearing a lot today from the Iraq side of things…there is a lot of chatter out of Iraq for a post election release of lower denominations. We are waiting to see who won what offices over there.
10-11-2021 Newshound Guru Vital Brad Article: "Polls close in Iraq's parliamentary election" For them to have their currency reinstated on the international system they had to meet certain requirements. They need to have a fully seated parliament...we'll see exactly how it turns out.
10-11-2021 Newshound Guru Pimpy It looks like an all fair election, transparent and clear. No hassles. No nothing. From all the stories that I've heard including people I spoken to over there, it went without a hitch. Which is surprising. What I mean by that a lot of elections in the past have been questionable. Everybody seems to be happy. I mean everybody. All the way around. We'll learn more in the coming days that's for sure. The results should be finalized by only a few hours from now...
10-11-2021 Newshound Guru MilitiaMan Article: "New instructions for buying and selling foreign currency for the year 2021 and the stability of the dinar exchange rate" ...we can see that there is a convergence and a preparation for an event to take place. An event that is suggested to be of such importance that is can make or break the country's efforts to initiate, revive and strengthen the country's economy and currency. ...An internationally accepted currency brought out by the CBI may just do that...
10-11-2021 Intel Guru Fleming ...Iraq is the lynchpin. As quoted in the Alarabariya, “Iraqis were voting today, Sunday, in a general election..." At least 167 parties and more than 3,200 candidates are competing for 329 seats in parliament, according to the election commission...We can be sure it will be more than a week before they have a decision...
10-11-2021 Newshound Guru Kaperoni retweet "UNAMI - Today (This past weekend) hundreds of UN staff deployed in every governorate across all of Iraq. This is currently the UN's biggest electoral mission worldwide. And the UN is proud to support all Iraqis as they cast their votes."
10-11-2021 Intel Guru MarkZ [via PDK] We should be hearing a lot today from the Iraq side of things…there is a lot of chatter out of Iraq for a post election release of lower denominations. We are waiting to see who won what offices over there.
10-11-2021 Newshound Guru Vital Brad Article: "Polls close in Iraq's parliamentary election" For them to have their currency reinstated on the international system they had to meet certain requirements. They need to have a fully seated parliament...we'll see exactly how it turns out.
10-11-2021 Newshound Guru Pimpy It looks like an all fair election, transparent and clear. No hassles. No nothing. From all the stories that I've heard including people I spoken to over there, it went without a hitch. Which is surprising. What I mean by that a lot of elections in the past have been questionable. Everybody seems to be happy. I mean everybody. All the way around. We'll learn more in the coming days that's for sure. The results should be finalized by only a few hours from now...
10-11-2021 Newshound Guru MilitiaMan Article: "New instructions for buying and selling foreign currency for the year 2021 and the stability of the dinar exchange rate" ...we can see that there is a convergence and a preparation for an event to take place. An event that is suggested to be of such importance that is can make or break the country's efforts to initiate, revive and strengthen the country's economy and currency. ...An internationally accepted currency brought out by the CBI may just do that...
10-10-2021 Intel Guru RayRen98 ¨I FEEL A RATE CHANGE COMING... DIRECTLY!!!¨ I FEEL BLESSINGS IN THE AIR...IS THE WAIT FINALLY OVER???
10-10-2021 Newshound Guru Pimpy I know it's not what you wanted but just hang tight people. I'm telling you as Iraq continues to rebuild, their country is going to need more and more purchasing power. But they need things in there to make sure that their economy stays stable. Foreign reserves have to increase. Oil has to be consistent. They have to build the private sector. They're starting to be more and more on the international scene. They seem to be taking a leadership role in the Middle East...they need to be strong. Secure. Safe. Back on the international scene doing trades and they've already been in the process. But most of all IMO we need to see Al-Kazemi get back in there for reals. [Post 2 of 2]
10-10-2021 Newshound Guru Pimpy Article: "AlKazemi's advisor proposes solutions to reduce the value of the dollar" Don't get mad if there's no RI or no RV. I'm not saying those won't happen but what I'm saying to you is don't be surprised if you see it go up in increments. I'm just saying...this does not mean they're going to increase the value of the dinar. He's saying we have the ability to do it if the following takes place. Let's feel good about that. I do think they're going to increase it...I thought they would have done it sometime this year maybe toward the end of the year but let's see if the value changes. Don't go looking for no $2 or $3 or anything like that. If anything they'll probably go back to the other rate. [Post 1 of 2....stay tuned]
10-10-2021 Guest Guru Vital Brad's Dad we've got another 3 day weekend...you've heard the thing, 'Oh, it'd be best from a banking standpoint if it happened on a three-day weekend.' Well we got a three-day weekend. Could it happen? Sure it could. Will it happen? I have no clue. I don't do a rate and date thing anymore...I believe and within every essence of me it's going to happen, we just don't know when. No body does. If anybody gives you a date I think they're full of baloney. That's just my opinion. Never sell your dinar because the second you sell it that's when it'll happen...
10-10-2021 Newshound Guru MilitiaMan Article: "Iraq's Govt Interventions Prompt Improvement in Forex Reserves" Interesting the way they speak of how the Iraq Dinar is performing with the strongest currencies on the markets, when what is out there suggests they are not performing in the Global markets that we know of from a US perspective anyway...As they told us recently that the CBI has had over the last 9 months kept the program rate of about 1460 IQD/1 USD stable and the Cadres are aware of that. In fact, hundreds and hundreds of central banks, finance Ministers, etc, all know that there is a digital transformation going on and yes Iraq is apart of that. In fact, Viet Nam is too imo...What I think this is about is an educational event and for what to expect in the near future.
10-10-2021 Intel Guru Bruce [via WiserNow] ...realize this – Iraq is sovereign – they’ve been out of chapter 7 for quite a while now - they have a new Dinar – and a new Dinar rate – in Iraq – However – they are still not going to put it out publicly for people to see until we start...They made that agreement – even though they are sovereign...and so I think they will do that and reveal that very soon – very soon...
10-10-2021 Newshound Guru Pimpy I know it's not what you wanted but just hang tight people. I'm telling you as Iraq continues to rebuild, their country is going to need more and more purchasing power. But they need things in there to make sure that their economy stays stable. Foreign reserves have to increase. Oil has to be consistent. They have to build the private sector. They're starting to be more and more on the international scene. They seem to be taking a leadership role in the Middle East...they need to be strong. Secure. Safe. Back on the international scene doing trades and they've already been in the process. But most of all IMO we need to see Al-Kazemi get back in there for reals. [Post 2 of 2]
10-10-2021 Newshound Guru Pimpy Article: "AlKazemi's advisor proposes solutions to reduce the value of the dollar" Don't get mad if there's no RI or no RV. I'm not saying those won't happen but what I'm saying to you is don't be surprised if you see it go up in increments. I'm just saying...this does not mean they're going to increase the value of the dinar. He's saying we have the ability to do it if the following takes place. Let's feel good about that. I do think they're going to increase it...I thought they would have done it sometime this year maybe toward the end of the year but let's see if the value changes. Don't go looking for no $2 or $3 or anything like that. If anything they'll probably go back to the other rate. [Post 1 of 2....stay tuned]
10-10-2021 Guest Guru Vital Brad's Dad we've got another 3 day weekend...you've heard the thing, 'Oh, it'd be best from a banking standpoint if it happened on a three-day weekend.' Well we got a three-day weekend. Could it happen? Sure it could. Will it happen? I have no clue. I don't do a rate and date thing anymore...I believe and within every essence of me it's going to happen, we just don't know when. No body does. If anybody gives you a date I think they're full of baloney. That's just my opinion. Never sell your dinar because the second you sell it that's when it'll happen...
10-10-2021 Newshound Guru MilitiaMan Article: "Iraq's Govt Interventions Prompt Improvement in Forex Reserves" Interesting the way they speak of how the Iraq Dinar is performing with the strongest currencies on the markets, when what is out there suggests they are not performing in the Global markets that we know of from a US perspective anyway...As they told us recently that the CBI has had over the last 9 months kept the program rate of about 1460 IQD/1 USD stable and the Cadres are aware of that. In fact, hundreds and hundreds of central banks, finance Ministers, etc, all know that there is a digital transformation going on and yes Iraq is apart of that. In fact, Viet Nam is too imo...What I think this is about is an educational event and for what to expect in the near future.
10-10-2021 Intel Guru Bruce [via WiserNow] ...realize this – Iraq is sovereign – they’ve been out of chapter 7 for quite a while now - they have a new Dinar – and a new Dinar rate – in Iraq – However – they are still not going to put it out publicly for people to see until we start...They made that agreement – even though they are sovereign...and so I think they will do that and reveal that very soon – very soon...
10-9-2021 Newshound Guru Pimpy Article "Create a website and email for all licensed (A,B) exchange companies" Man I'm telling you Iraq has been zeroing in on exchange companies a whole lot trying to reel them in get them legit. There is a lot of chitta chatta out there about exchange companies.
10-9-2021 Newshound Guru Kaperoni ...removing the paper notes. 1st that would screw with the exchange rate which is stable. And second they would have to have keys to peoples homes to remove them from the mattresses.
10-9-2021 Intel Guru MarkZ [via PDK] The biggest thing I heard is that my contacts in redemption centers that were to be on call this weekend are not on call for this weekend now… but are to report early on Tuesday. They are off on Monday for the holiday but It did not occur to me before that the Redemption call center and the exchange center were 2 different things. But, I was told that the call centers to set our appointments are still on call this weekend. The Call centers are on call this weekend but the exchange redemption center contacts are not on call until Tuesday. So it is still a possibility to set appointments this weekend…just not go to one until Tuesday….
10-9-2021 Newshound/Intel Guru RVAlready With the elections this weekend, I would think there won’t be a CBI rate move until after the 3 day weekend.
10-9-2021 Guest Guru Wolverine ...we’ve being instructed to be quiet...The RV is definitely happening 10000% this month but it’s not tomorrow or the following day...I want you all to have faith and be patient as this is definitely happening...
10-9-2021 Guest Guru Vital Brad's Dad I've been in this thing since 2010...I believe 100% within my heart that it's gonna happen - someday. I believe [more] sooner than later. With everything going on with the news, the way our economy is and the global economy is - it needs a fix and I believe this is the fix that's gonna make a big change in many ways... Everybody says it's going to happen here, then next week, next month whatever. But nobody knows. Nobody's supposed to know. Otherwise everybody would go to tomorrow and buy every scratch dinar they could find anywhere...it is going to happen. I believe that 100%, just don't know when...
10-9-2021 Newshound Guru Pimpy Election time...What does that mean? We're gonna find out real soon...the U.N. is obviously ready for all of this...sends over 800 U.N. observers to participate in Iraq election...France, Britain and the United States are all sending over people...all in all there's 14,000 so-called observers that are going to be there. That's crazy. It's going to be interesting to see...we're crossing our fingers hoping for continuing to get Kazemi back in there...
10-9-2021 Intel Guru Bruce [via WiserNow] ...Iraq is closed for business...closed down for elections...Fri / Sat / Sun –...closed for their 3 day weekend...Now in a similar way – we have a three day weekend – starting Saturday – Sunday and Monday – Columbus Day...and if in fact the banks are closed on Monday we will have our 3 day weekend and what the Banks stated they always wanted – for this to go. ... we did hear from a source...who has very good high up contacts that this could go either...(Saturday) or Monday for us...So this weekend is in play – it’s supposed to be a special weekend for us... let’s see where it goes... I’m thinking we are very very close...
10-9-2021 Intel Guru MarkZ [via PDK] The only news I have is a number of foreign currency dealers had their screens go blank and a number of banking contacts say their foreign currency screens are going nuts. Things are fluctuating, disappearing, greying out and then coming back…I don’t know if it means anything, but a number of folks reporting payment systems are out all over the country here in the US...could this mean something? I don’t know. Could it be a computer hack or internet issues??? We don’t know. But, it is very interesting.
10-9-2021 Newshound Guru Kaperoni ...removing the paper notes. 1st that would screw with the exchange rate which is stable. And second they would have to have keys to peoples homes to remove them from the mattresses.
10-9-2021 Intel Guru MarkZ [via PDK] The biggest thing I heard is that my contacts in redemption centers that were to be on call this weekend are not on call for this weekend now… but are to report early on Tuesday. They are off on Monday for the holiday but It did not occur to me before that the Redemption call center and the exchange center were 2 different things. But, I was told that the call centers to set our appointments are still on call this weekend. The Call centers are on call this weekend but the exchange redemption center contacts are not on call until Tuesday. So it is still a possibility to set appointments this weekend…just not go to one until Tuesday….
10-9-2021 Newshound/Intel Guru RVAlready With the elections this weekend, I would think there won’t be a CBI rate move until after the 3 day weekend.
10-9-2021 Guest Guru Wolverine ...we’ve being instructed to be quiet...The RV is definitely happening 10000% this month but it’s not tomorrow or the following day...I want you all to have faith and be patient as this is definitely happening...
10-9-2021 Guest Guru Vital Brad's Dad I've been in this thing since 2010...I believe 100% within my heart that it's gonna happen - someday. I believe [more] sooner than later. With everything going on with the news, the way our economy is and the global economy is - it needs a fix and I believe this is the fix that's gonna make a big change in many ways... Everybody says it's going to happen here, then next week, next month whatever. But nobody knows. Nobody's supposed to know. Otherwise everybody would go to tomorrow and buy every scratch dinar they could find anywhere...it is going to happen. I believe that 100%, just don't know when...
10-9-2021 Newshound Guru Pimpy Election time...What does that mean? We're gonna find out real soon...the U.N. is obviously ready for all of this...sends over 800 U.N. observers to participate in Iraq election...France, Britain and the United States are all sending over people...all in all there's 14,000 so-called observers that are going to be there. That's crazy. It's going to be interesting to see...we're crossing our fingers hoping for continuing to get Kazemi back in there...
10-9-2021 Intel Guru Bruce [via WiserNow] ...Iraq is closed for business...closed down for elections...Fri / Sat / Sun –...closed for their 3 day weekend...Now in a similar way – we have a three day weekend – starting Saturday – Sunday and Monday – Columbus Day...and if in fact the banks are closed on Monday we will have our 3 day weekend and what the Banks stated they always wanted – for this to go. ... we did hear from a source...who has very good high up contacts that this could go either...(Saturday) or Monday for us...So this weekend is in play – it’s supposed to be a special weekend for us... let’s see where it goes... I’m thinking we are very very close...
10-9-2021 Intel Guru MarkZ [via PDK] The only news I have is a number of foreign currency dealers had their screens go blank and a number of banking contacts say their foreign currency screens are going nuts. Things are fluctuating, disappearing, greying out and then coming back…I don’t know if it means anything, but a number of folks reporting payment systems are out all over the country here in the US...could this mean something? I don’t know. Could it be a computer hack or internet issues??? We don’t know. But, it is very interesting.
10-8-2021 Newshound Guru Pimpy Article: "Comment from Washington on next Sunday's elections in Iraq". We're...days away from the election and there's nothing but buzz going on. I'm excited about it. I'm crossing my fingers and hoping that Al-Kazemi wins again and he continues this great move in the right direction. We'll see here shortly...everybody and their mamma is watching this one...
10-8-2021 Newshound Guru Kaperoni For those that may not be aware there are elections coming up in Iraq to form a new government and prime minister. This usually takes about 3 to 6 months to complete. So nothing is getting accomplished until after that time frame.
10-8-2021 Newshound/Intel Guru Mnt Goat So, this week part of the latest...speculation was that the CBI had the banks load the lower denominations in the ATMs...such as the 1, 5, 10, 20, etc. No they are NOT! So what do I do? I call the CBI and ask them what they are doing...I got it right from their mouth. These are just more of the 250, 500 and 1000 notes. ...So, there is good and bad news... Bad news in that it is NOT what we are looking for in the process of deleting the zeros project, thus the revaluation. ...The good news is the citizens are getting used to using these lower denominations and we all know the next step is to launch the 25, 50 and 100 notes but not until they can revalue significantly.
10-8-2021 Intel Guru MarkZ [via PDK] This is a 3 day banking holiday for us here in the US. We have always expected it to go on a 3 day weekend …I hope this is the one where we see it. ...my redemption center folks plan on being on call this weekend.
10-8-2021 Newshound/Intel Guru Vital Brad Something is happening October 17th. Whether it's the revaluation or not - What's happening on the 17th? What is going on? ...don't be alarmed by nothing breaking because they aren't able to announce this publicly.
10-8-2021 Newshound Guru Pimpy There's definitely an interesting move that started today and to most people it might not look like such a big deal but for the dinar investors it is kind of a big deal...looks like we [US military] are now starting the process of withdrawing out of Iraq. Why is that a big deal? Iraq is about to get their sovereignty back...that is a huge step towards Iraq becoming a sovereign nation...it looks to me like they're doing all the right things in order to do a proper RI or RV...I'm feeling very good about this. Feeling very happy...
10-8-2021 Newshound/Intel Guru Mnt Goat ...They are carefully getting the larger three zero notes out of circulation but still must maintain the currency levels necessary to support the economy...Just so you know the CBI said they refer to the newer lower denominations, that we want, as the “smaller of the lower denominations”. So, lets watch and see what they do next. It is October already and I suspect they will launch the project to delete the zeros between now and December. [post 2 of 2]
10-8-2021 Newshound/Intel Guru Mnt Goat The CBI has given no indication of an imminent RV as they have to first do the project to delete the zeros. ...they need to increase the note supply but not the money supply. ...They are SLOWLY converting the currency over [to lower denominations] ...They will NOT just pop out a rate back on FOREX until the do the project to delete the zeros first. It just won’t work that way. [post 1 of 2....stay tuned]
10-8-2021 Newshound Guru Kaperoni For those that may not be aware there are elections coming up in Iraq to form a new government and prime minister. This usually takes about 3 to 6 months to complete. So nothing is getting accomplished until after that time frame.
10-8-2021 Newshound/Intel Guru Mnt Goat So, this week part of the latest...speculation was that the CBI had the banks load the lower denominations in the ATMs...such as the 1, 5, 10, 20, etc. No they are NOT! So what do I do? I call the CBI and ask them what they are doing...I got it right from their mouth. These are just more of the 250, 500 and 1000 notes. ...So, there is good and bad news... Bad news in that it is NOT what we are looking for in the process of deleting the zeros project, thus the revaluation. ...The good news is the citizens are getting used to using these lower denominations and we all know the next step is to launch the 25, 50 and 100 notes but not until they can revalue significantly.
10-8-2021 Intel Guru MarkZ [via PDK] This is a 3 day banking holiday for us here in the US. We have always expected it to go on a 3 day weekend …I hope this is the one where we see it. ...my redemption center folks plan on being on call this weekend.
10-8-2021 Newshound/Intel Guru Vital Brad Something is happening October 17th. Whether it's the revaluation or not - What's happening on the 17th? What is going on? ...don't be alarmed by nothing breaking because they aren't able to announce this publicly.
10-8-2021 Newshound Guru Pimpy There's definitely an interesting move that started today and to most people it might not look like such a big deal but for the dinar investors it is kind of a big deal...looks like we [US military] are now starting the process of withdrawing out of Iraq. Why is that a big deal? Iraq is about to get their sovereignty back...that is a huge step towards Iraq becoming a sovereign nation...it looks to me like they're doing all the right things in order to do a proper RI or RV...I'm feeling very good about this. Feeling very happy...
10-8-2021 Newshound/Intel Guru Mnt Goat ...They are carefully getting the larger three zero notes out of circulation but still must maintain the currency levels necessary to support the economy...Just so you know the CBI said they refer to the newer lower denominations, that we want, as the “smaller of the lower denominations”. So, lets watch and see what they do next. It is October already and I suspect they will launch the project to delete the zeros between now and December. [post 2 of 2]
10-8-2021 Newshound/Intel Guru Mnt Goat The CBI has given no indication of an imminent RV as they have to first do the project to delete the zeros. ...they need to increase the note supply but not the money supply. ...They are SLOWLY converting the currency over [to lower denominations] ...They will NOT just pop out a rate back on FOREX until the do the project to delete the zeros first. It just won’t work that way. [post 1 of 2....stay tuned]
10-7-2021 Intel Guru MarkZ [via PDK] ...the outgoing administration wants credit for revaluing the currency…and...they have the new rate to start with the new administration and the new calendar year for them.
10-7-2021 Newshound Guru Kaperoni Iraq is working very hard to create the conditions to diversify its economy. The goal is to not rely on oil which is currently about 93%. It's going to take a lot of work and time. Only with the success of that diverse economy can the dinar go up in value. We believe they will float it at a time when the economy is thriving. It will be a gradual increase over time.
10-7-2021 Intel Guru MarkZ [via PDK] Yesterday we got plenty of news that there was a big clean up going on in Iraq... I did speak with one redemption center contact and they have every intention of having to work this weekend. They have been told to “expect to work”. I take that as a good sign...unfortunately no one knows the exact timing so all we can do is keep watching it from the edge of our seats... There is a lot of indicators in Iraq for the 15th through the 17th. Heck, There is a lot of indicators for today and tomorrow from Iraq. Nobody knows the exact date. But we are close...
10-7-2021 Newshound/Intel Guru Vital Brad The rate if I had to guess - The Kuwaiti dinar is worth $3.32 . I think the Iraqi dinar is going going to come out at the rate that it was decommissioned at - $3.22. It's a guess. Everyone's got a guess. Not financial advice.
10-7-2021 Newshound Guru Pimpy Look we all want this to happen. There's a lot of great news. A lot of positive information that's been getting out there so let's not force something that's not true. There's nothing in here that say that the rate change is going to happen 10-17. As usual you guys turn me into the bad guy. I don't want to be the bad guy. I want you guys to be grounded. I keep talking about how I think the Iraqi dinar is to go up in increments...that doesn't mean there won't be no RI or not RV...there's a lot of great/positive things happening over there in Iraq and I'm excited about it...it is interesting [this CBI document] I'll admit that. What does it mean? It's hard to say... [Post 2 of 2]
10-7-2021 Newshound Guru Pimpy Is the Iraqi exchange rate about to happen...on the 17th? ...You guys were bombarding me with this. CBI Document [Instructions for buying and selling foreign currency for the year 2021] ...All this is saying is there's new policies/procedures that are going to be implemented dealing with the exchange companies and it's going into effect on 10-17-2021...Nothing in there says they're going to make the rate change happen...look don't get me wrong. It's not that I don't want it to happen on 10-17. If it does I'll be thrilled to death...all this means is they're implementing new policies and procedures. [Post 1 of 2....stay tuned]
10-7-2021 Intel Guru MarkZ [via PDK] I did speak with some Iraqi contacts today again...They say there has been a lot of clean up...as they anticipate a release of the new rate no later then midmonth. Sooner than later is what they are telling me. They have made it very public over there that they have loaded the ATM’s with lower denoms. And that they have printed and prepared all the lower denominations as well...they still are saying they are ready and prepared. We are all hoping we get over the finish line any day now. I wouldn’t be surprised to get that call at any time. Iraq has already been given all the mechanisms…their finance minister came out and said they are now prepared to let their rate float to its real value…. [do you think we will be done by the 15th?] At this point…based on what I am hearing…I do.
10-7-2021 Newshound/Intel Guru Mnt Goat ...we see...the oil prices jumping again...Tuesday, reaching their highest levels in at least three years. Brent crude rose to $81.48 a barrel has put substantial amounts in the foreign reserves of Iraq. This is huge news and Iraq should certainly take advantage of the high prices.
10-7-2021 Newshound Guru Kaperoni Iraq is working very hard to create the conditions to diversify its economy. The goal is to not rely on oil which is currently about 93%. It's going to take a lot of work and time. Only with the success of that diverse economy can the dinar go up in value. We believe they will float it at a time when the economy is thriving. It will be a gradual increase over time.
10-7-2021 Intel Guru MarkZ [via PDK] Yesterday we got plenty of news that there was a big clean up going on in Iraq... I did speak with one redemption center contact and they have every intention of having to work this weekend. They have been told to “expect to work”. I take that as a good sign...unfortunately no one knows the exact timing so all we can do is keep watching it from the edge of our seats... There is a lot of indicators in Iraq for the 15th through the 17th. Heck, There is a lot of indicators for today and tomorrow from Iraq. Nobody knows the exact date. But we are close...
10-7-2021 Newshound/Intel Guru Vital Brad The rate if I had to guess - The Kuwaiti dinar is worth $3.32 . I think the Iraqi dinar is going going to come out at the rate that it was decommissioned at - $3.22. It's a guess. Everyone's got a guess. Not financial advice.
10-7-2021 Newshound Guru Pimpy Look we all want this to happen. There's a lot of great news. A lot of positive information that's been getting out there so let's not force something that's not true. There's nothing in here that say that the rate change is going to happen 10-17. As usual you guys turn me into the bad guy. I don't want to be the bad guy. I want you guys to be grounded. I keep talking about how I think the Iraqi dinar is to go up in increments...that doesn't mean there won't be no RI or not RV...there's a lot of great/positive things happening over there in Iraq and I'm excited about it...it is interesting [this CBI document] I'll admit that. What does it mean? It's hard to say... [Post 2 of 2]
10-7-2021 Newshound Guru Pimpy Is the Iraqi exchange rate about to happen...on the 17th? ...You guys were bombarding me with this. CBI Document [Instructions for buying and selling foreign currency for the year 2021] ...All this is saying is there's new policies/procedures that are going to be implemented dealing with the exchange companies and it's going into effect on 10-17-2021...Nothing in there says they're going to make the rate change happen...look don't get me wrong. It's not that I don't want it to happen on 10-17. If it does I'll be thrilled to death...all this means is they're implementing new policies and procedures. [Post 1 of 2....stay tuned]
10-7-2021 Intel Guru MarkZ [via PDK] I did speak with some Iraqi contacts today again...They say there has been a lot of clean up...as they anticipate a release of the new rate no later then midmonth. Sooner than later is what they are telling me. They have made it very public over there that they have loaded the ATM’s with lower denoms. And that they have printed and prepared all the lower denominations as well...they still are saying they are ready and prepared. We are all hoping we get over the finish line any day now. I wouldn’t be surprised to get that call at any time. Iraq has already been given all the mechanisms…their finance minister came out and said they are now prepared to let their rate float to its real value…. [do you think we will be done by the 15th?] At this point…based on what I am hearing…I do.
10-7-2021 Newshound/Intel Guru Mnt Goat ...we see...the oil prices jumping again...Tuesday, reaching their highest levels in at least three years. Brent crude rose to $81.48 a barrel has put substantial amounts in the foreign reserves of Iraq. This is huge news and Iraq should certainly take advantage of the high prices.
10-6-2021 Intel Guru MarkZ [via PDK] One thing we do know according to the Iraqi Minister is they plan on unplugging it [the dinar] and letting it float and the IMF has been pushing them to establish their new rate. We know we will see a change in value over there…not even a question. It’s written all over their news and written all over the world news. We just need to watch it all play out….
10-6-2021 Newshound/Intel Guru Mnt Goat They can only do this if they are able to use the dinar, not the U.S. Dollar, in the purchase of imports. This can only be done with the agreements they have made in the recent past with other countries to accept each other’s currencies...These new instructions are pushing the banks to take alternative measures for revenue generation away from the auctions...Will they decide to use the Iraqi dinar in place of the U.S. Dollar in trade? Can they do this? If they do this the rate of the Iraqi dinar will skyrocket. Seems to me they may be heading in this direction. [post 2 of 2]
10-6-2021 Newshound/Intel Guru Mnt Goat The really huge news this week is that the central bank of Iraq last week issued new instructions to banks and exchange companies and brokered the sale and purchase of foreign currency licensed. These instructions aim to strengthen the role of the banking system and non-banking financial institutions in securing foreign currency...To me it sounds like they intend to stop the currency auctions and proceed to other means to exchange foreign currency. Other means to pay for imports. [post 1 of 2....stay tuned]
10-6-2021 Newshound/Intel Guru Vital Brad CBI Document "Instructions for buying and selling foreign currency for the year 2021" We've got intel with documented proof gets me excited! ...but we've got to be cautious of intel...we don't want to get our hopes up but at the same time we have a documented stamped CBI document saying it's going to be reinstated on the international market on...I looked at a calendar - October 17th is a Sunday...it's a very real possibility. Is it possible? Is it here? We've been waiting a long time...it's right on the Central Bank's website. A date. If what it's saying is what we're interpreting as...it's huge.
10-6-2021 Intel Guru Bruce [via WiserNow] ...everything has been very quiet...but usually we have to regard that as “good news” – no news is good news – and in this case that seems to be good for us...So we did find out a little bit more here and there – I would say that the Iraqi Dinar has been put in a position where it is trading now on Forex and going up in value and it will be put out but its still not out publically yet – But they will not do that until we get started – by that I mean – we get notified... So I feel as though if we don’t get anything unusual or another monkey wrench thrown in the mix here we are good to go – I really believe that – so we’ll see how that manifests to us...
10-6-2021 Intel Guru MarkZ [via PDK] I am very much expecting it at any moment...at this point I know we are very close... in Iraq they are still in the waiting process. The news I got from a contractor over there is they are expecting to be paid in all new rates on October 15th over there. They are expecting the RV at any time over there…It could be 2 minutes…it could be days.
10-6-2021 Newshound Guru Pimpy Article "Adviser to the Prime Minister: Offering and selling government bonds to move idle money" Doesn't that look like a nice stack of - I don't even know what denominations those are. [See photo below] I have a feeling they're the bonds themselves because the article is about bonds...I've been staring at them trying to figure out if those are a denomination of some sort. But if they are they're definitely the lower ones. It looks like maybe the tens. That'd be weird for them to be handling lower denominations since they have, oh I don't know, zero value at the moment! Are they showing us something? Is this a hint? ...This is probably an old picture, if not it looks like they're pulling out the lower denominations. You never know because they keep talking about the exchange rate once again...
10-6-2021 Newshound/Intel Guru Mnt Goat They can only do this if they are able to use the dinar, not the U.S. Dollar, in the purchase of imports. This can only be done with the agreements they have made in the recent past with other countries to accept each other’s currencies...These new instructions are pushing the banks to take alternative measures for revenue generation away from the auctions...Will they decide to use the Iraqi dinar in place of the U.S. Dollar in trade? Can they do this? If they do this the rate of the Iraqi dinar will skyrocket. Seems to me they may be heading in this direction. [post 2 of 2]
10-6-2021 Newshound/Intel Guru Mnt Goat The really huge news this week is that the central bank of Iraq last week issued new instructions to banks and exchange companies and brokered the sale and purchase of foreign currency licensed. These instructions aim to strengthen the role of the banking system and non-banking financial institutions in securing foreign currency...To me it sounds like they intend to stop the currency auctions and proceed to other means to exchange foreign currency. Other means to pay for imports. [post 1 of 2....stay tuned]
10-6-2021 Newshound/Intel Guru Vital Brad CBI Document "Instructions for buying and selling foreign currency for the year 2021" We've got intel with documented proof gets me excited! ...but we've got to be cautious of intel...we don't want to get our hopes up but at the same time we have a documented stamped CBI document saying it's going to be reinstated on the international market on...I looked at a calendar - October 17th is a Sunday...it's a very real possibility. Is it possible? Is it here? We've been waiting a long time...it's right on the Central Bank's website. A date. If what it's saying is what we're interpreting as...it's huge.
10-6-2021 Intel Guru Bruce [via WiserNow] ...everything has been very quiet...but usually we have to regard that as “good news” – no news is good news – and in this case that seems to be good for us...So we did find out a little bit more here and there – I would say that the Iraqi Dinar has been put in a position where it is trading now on Forex and going up in value and it will be put out but its still not out publically yet – But they will not do that until we get started – by that I mean – we get notified... So I feel as though if we don’t get anything unusual or another monkey wrench thrown in the mix here we are good to go – I really believe that – so we’ll see how that manifests to us...
10-6-2021 Intel Guru MarkZ [via PDK] I am very much expecting it at any moment...at this point I know we are very close... in Iraq they are still in the waiting process. The news I got from a contractor over there is they are expecting to be paid in all new rates on October 15th over there. They are expecting the RV at any time over there…It could be 2 minutes…it could be days.
10-6-2021 Newshound Guru Pimpy Article "Adviser to the Prime Minister: Offering and selling government bonds to move idle money" Doesn't that look like a nice stack of - I don't even know what denominations those are. [See photo below] I have a feeling they're the bonds themselves because the article is about bonds...I've been staring at them trying to figure out if those are a denomination of some sort. But if they are they're definitely the lower ones. It looks like maybe the tens. That'd be weird for them to be handling lower denominations since they have, oh I don't know, zero value at the moment! Are they showing us something? Is this a hint? ...This is probably an old picture, if not it looks like they're pulling out the lower denominations. You never know because they keep talking about the exchange rate once again...
Possible new Iraqi dinar lower denominations
10-6-2021 Intel Guru Frank26 ...because they [Iraq] are Article 8 now they have the mechanism...it's a tool given to them by who? The IMF. To do what? To leave their border and to allow the currency to go up in value. Investors of the Iraqi dinar would you like that? ...The evidence that they are Article VIII is that they are using the mechanism to raise the value of their currency...
10-6-2021 Newshound Guru BobTheTaxMan Now if the Biden Administration does get what they want and if they do limit our retirement accounts to 10 million dollars this could be a problem Houston...The way around that is your IQD is sitting in your Roth [IRA], you can always pull those notes out because there's no taxable event to pull those notes themselves out and put it into a CRUT (Charitable Remainder Unitrust). That'll take that limitation away. You'll still get money out of that which will be marvelous...[Note: At the appropriate time consult your tax professionals to create a tax strategy that's right for your unique circumstances]
10-6-2021 Newshound/Intel Guru Mnt Goat The Ministry of Finance announced...Tuesday, that the highest foreign currency reserves in Iraq since in 2014 when they amounted to $82 billion. So, they are now over that amount...They are probably reaching about $90 billion? Then in another article...they tell us that the monetary policy of Iraq depends on the amount of foreign reserves supporting the Iraqi dinar, that is, the efficiency of the reserves and their escalation towards safe lines...we have been watching the amount of reserves all along as a positive sign of moving towards getting the project to delete the zeros accomplished. So this news today reinforces our hopes.
10-6-2021 Newshound Guru BobTheTaxMan Now if the Biden Administration does get what they want and if they do limit our retirement accounts to 10 million dollars this could be a problem Houston...The way around that is your IQD is sitting in your Roth [IRA], you can always pull those notes out because there's no taxable event to pull those notes themselves out and put it into a CRUT (Charitable Remainder Unitrust). That'll take that limitation away. You'll still get money out of that which will be marvelous...[Note: At the appropriate time consult your tax professionals to create a tax strategy that's right for your unique circumstances]
10-6-2021 Newshound/Intel Guru Mnt Goat The Ministry of Finance announced...Tuesday, that the highest foreign currency reserves in Iraq since in 2014 when they amounted to $82 billion. So, they are now over that amount...They are probably reaching about $90 billion? Then in another article...they tell us that the monetary policy of Iraq depends on the amount of foreign reserves supporting the Iraqi dinar, that is, the efficiency of the reserves and their escalation towards safe lines...we have been watching the amount of reserves all along as a positive sign of moving towards getting the project to delete the zeros accomplished. So this news today reinforces our hopes.
10-5-2021 Newshound Guru Jeff Final countdown.
10-5-2021 Intel Guru MarkZ [via PDK] There has been a tremendous lack of news on the RV front. We are hearing there is movement in Iraq as far as paying contractors. Most of the contractor contacts I have spoken with, do not believe they will be allowed to spend it until the 15th. It does have a new rate…They specifically said they cannot tell me that rate...this is the first contact I have spoken with in Iraq in awhile…I have known this contractor for a long time. One of the best contacts out there… So, they have been paid at a new rate and they expect freedom of these funds on Oct. 15th. This is a great sign. Could it go before then? Absolutely. I am still hearing very positive things.
10-5-2021 Intel Guru Frank26 [Boot-on-the-ground Firefly TV report continued] FRANK: All they are doing is preparing you...for the announcement of your new currency and your new exchange rate by injecting ideas into your mind into your daily lives that you are about to see a new monetary reform for your currency...What Saleh is trying to tell you is that you now have what is called in the financial world the REER!!! He is expressing to you that you need this true value for your currency in order for everything to work...[Post 2 of 2]
10-5-2021 Intel Guru Frank26 [Boot-on-the-ground Firefly TV report] FIREFLY: TV says today the Arab payment system has linked with the Islamic banking and now can interact with with payments...now Saleh on TV talking about need to lower dollar exchange rate. Saying they have reached maximum efficient at current rate and to make projects work they need the exchange rate to favor a stronger dinar value. Saying Iraq must have plans in place and get this done. [Post 1 of 2....stay tuned]
10-5-2021 Intel Guru MarkZ [via PDK] I have 3 great contacts in Iraq and I am still hearing nothing. Hitting a stone wall right now. Its impossible to communicate with folks in Iraq right now… We knew at the end there would be disinformation and smoke…and we also knew when we were really close they would clamp down on leaks… I think it is unfolding exactly how they have it planned and scheduled.
10-5-2021 Newshound/Intel Guru Mnt Goat ...the news of the success of the reforms so far from the “White Paper” effort are working. At this point in time, we could not get any better news. The news is all about the exchange rate and how Iraq is able to keep the dinar stable. Unfortunately the stability comes at a price at a low price… if they are sincere about January 2022 they must tell the citizens and begin more education and preparations during these next three months. So far so good, so I would not give up hope yet!
10-5-2021 Newshound Guru Pimpy Quote: "there are expectations that the Iraqi dinar will improve with the development of reserves and this is up to the monetary policy especially since the timing is appropriate and the opportunity is appropriate provided that there is financial discipline and correct development and without them there is no value." I told you guys it wouldn't take no 5 years for them to increase the value. My thought was you would see an increase over time because as they continue to rebuild the country they're going to need that purchasing power. [Post 2 of 2]
10-5-2021 Newshound Guru Pimpy This is some good news. We talked about this. I spoke about this. It was a feeling that I had and it looks like it might actually happen. Article: "Al-Kazemi's advisor proposes solutions to reduce the value of the dollar" This is a biggie! ...Let me repeat that. To reduce the value of the dollar. Not the dinar. The dollar. This is the direction we want them to go into...I told you we were going to start getting into an area in which they need more purchasing power. [Post 1 of 2....stay tuned]
10-5-2021 Intel Guru MarkZ [via PDK] They are very hush, hush as to what the timing is…they will only say they expect it within this week. That could be 2 minutes from now or days…I don’t know. There is exceptionally great chatter from them. They just will not share specifics with me…I understand.
10-5-2021 Intel Guru MarkZ [via PDK] There has been a tremendous lack of news on the RV front. We are hearing there is movement in Iraq as far as paying contractors. Most of the contractor contacts I have spoken with, do not believe they will be allowed to spend it until the 15th. It does have a new rate…They specifically said they cannot tell me that rate...this is the first contact I have spoken with in Iraq in awhile…I have known this contractor for a long time. One of the best contacts out there… So, they have been paid at a new rate and they expect freedom of these funds on Oct. 15th. This is a great sign. Could it go before then? Absolutely. I am still hearing very positive things.
10-5-2021 Intel Guru Frank26 [Boot-on-the-ground Firefly TV report continued] FRANK: All they are doing is preparing you...for the announcement of your new currency and your new exchange rate by injecting ideas into your mind into your daily lives that you are about to see a new monetary reform for your currency...What Saleh is trying to tell you is that you now have what is called in the financial world the REER!!! He is expressing to you that you need this true value for your currency in order for everything to work...[Post 2 of 2]
10-5-2021 Intel Guru Frank26 [Boot-on-the-ground Firefly TV report] FIREFLY: TV says today the Arab payment system has linked with the Islamic banking and now can interact with with payments...now Saleh on TV talking about need to lower dollar exchange rate. Saying they have reached maximum efficient at current rate and to make projects work they need the exchange rate to favor a stronger dinar value. Saying Iraq must have plans in place and get this done. [Post 1 of 2....stay tuned]
10-5-2021 Intel Guru MarkZ [via PDK] I have 3 great contacts in Iraq and I am still hearing nothing. Hitting a stone wall right now. Its impossible to communicate with folks in Iraq right now… We knew at the end there would be disinformation and smoke…and we also knew when we were really close they would clamp down on leaks… I think it is unfolding exactly how they have it planned and scheduled.
10-5-2021 Newshound/Intel Guru Mnt Goat ...the news of the success of the reforms so far from the “White Paper” effort are working. At this point in time, we could not get any better news. The news is all about the exchange rate and how Iraq is able to keep the dinar stable. Unfortunately the stability comes at a price at a low price… if they are sincere about January 2022 they must tell the citizens and begin more education and preparations during these next three months. So far so good, so I would not give up hope yet!
10-5-2021 Newshound Guru Pimpy Quote: "there are expectations that the Iraqi dinar will improve with the development of reserves and this is up to the monetary policy especially since the timing is appropriate and the opportunity is appropriate provided that there is financial discipline and correct development and without them there is no value." I told you guys it wouldn't take no 5 years for them to increase the value. My thought was you would see an increase over time because as they continue to rebuild the country they're going to need that purchasing power. [Post 2 of 2]
10-5-2021 Newshound Guru Pimpy This is some good news. We talked about this. I spoke about this. It was a feeling that I had and it looks like it might actually happen. Article: "Al-Kazemi's advisor proposes solutions to reduce the value of the dollar" This is a biggie! ...Let me repeat that. To reduce the value of the dollar. Not the dinar. The dollar. This is the direction we want them to go into...I told you we were going to start getting into an area in which they need more purchasing power. [Post 1 of 2....stay tuned]
10-5-2021 Intel Guru MarkZ [via PDK] They are very hush, hush as to what the timing is…they will only say they expect it within this week. That could be 2 minutes from now or days…I don’t know. There is exceptionally great chatter from them. They just will not share specifics with me…I understand.
10-4-2021 Newshound Guru MilitiaMan Article: "Iraqi banks acquire 99% of government bonds" From the looks of these Bonds at 250 billion dinars has a striking similarity to the UST requirement for banks to have quality assets. Imagine if this is similar and timed accordingly. If an international calculation is applied to a new exchange rate like that of the AMFs recent valuations of approximately 3xSDR... One would see just how striking that maybe...IMO. There are no coincidences imo.
10-4-2021 Intel Guru MarkZ [via PDK] [Will the dong revalue when the dinar revalues?] yes…we expect them to go at the same time.
10-4-2021 Newshound Guru MilitiaMan Article: "Adviser to the Prime Minister clarifies the bonds of {construction} and their objectives" There is loads of talk about monetary policy lately. There is a focus on Bonds to jump start the private sector. The theme is to create opportunity to reduce the money supply on the street by using bonds...as an instrument or incentive to entice citizens and investor money into the bonds which reduce the money supply. Reducing the money supply creates value by a supply and demand basis. The opposite is true too, when increasing the money supply reduces value, as noted in the last devaluation.
10-4-2021 Intel Guru MarkZ [via PDK] I have been unable to get any news out of Iraq for the last couple of days. I’m hoping this is a good sign…i have not been able to get any messages from contacts there in about 3 days. They may have changed [rates] and we just not know it yet... They did it that way in Kuwait…they blacked out the information for about 10 days...
10-4-2021 Intel Guru Frank26 Article: "New Instructions for buying and selling foreign currency for the year 2021 and the stability of the dinar exchange rate" Possibly new instructions for a new currency and new exchange rate!!!
10-4-2021 Newshound/Intel Guru Petra No proof of next year at all. K [PM Kazemi] has invested too much and CBI has the landing strip paved. Lol...
10-4-2021 Newshound Guru Pimpy Question: "If the dinar rate is a false program rate why are they devaluing it at all? If the true value is $3+ why would a small devaluation matter?" I'm not sure where the story of this being a false rate came from...My guess is it stems from the currency being devalued once the U.S. attacked Iraq. It was greatly devalued from one of the richest countries in the world and so it makes sense that the IQD will increase in value. This is my opinion and my opinion only. Now whether all that is done at one time through an RI or an RV or done in increments is another story...
10-4-2021 Intel Guru MarkZ [via PDK] [Will the dong revalue when the dinar revalues?] yes…we expect them to go at the same time.
10-4-2021 Newshound Guru MilitiaMan Article: "Adviser to the Prime Minister clarifies the bonds of {construction} and their objectives" There is loads of talk about monetary policy lately. There is a focus on Bonds to jump start the private sector. The theme is to create opportunity to reduce the money supply on the street by using bonds...as an instrument or incentive to entice citizens and investor money into the bonds which reduce the money supply. Reducing the money supply creates value by a supply and demand basis. The opposite is true too, when increasing the money supply reduces value, as noted in the last devaluation.
10-4-2021 Intel Guru MarkZ [via PDK] I have been unable to get any news out of Iraq for the last couple of days. I’m hoping this is a good sign…i have not been able to get any messages from contacts there in about 3 days. They may have changed [rates] and we just not know it yet... They did it that way in Kuwait…they blacked out the information for about 10 days...
10-4-2021 Intel Guru Frank26 Article: "New Instructions for buying and selling foreign currency for the year 2021 and the stability of the dinar exchange rate" Possibly new instructions for a new currency and new exchange rate!!!
10-4-2021 Newshound/Intel Guru Petra No proof of next year at all. K [PM Kazemi] has invested too much and CBI has the landing strip paved. Lol...
10-4-2021 Newshound Guru Pimpy Question: "If the dinar rate is a false program rate why are they devaluing it at all? If the true value is $3+ why would a small devaluation matter?" I'm not sure where the story of this being a false rate came from...My guess is it stems from the currency being devalued once the U.S. attacked Iraq. It was greatly devalued from one of the richest countries in the world and so it makes sense that the IQD will increase in value. This is my opinion and my opinion only. Now whether all that is done at one time through an RI or an RV or done in increments is another story...
10-3-2021 Newshound Guru MilitiaMan ...The evidence is farily clear as I see it. This data with links supports that the digital transformation of the globe is underway and Iraq is clearly a part of the process...To be digitized is to be internationally accepted which will also require new smaller notes...There is also news out today that supports Iraq is acting like they are Article 8 compliant. So the expectations of a rate change soon is highly likely, imo...
10-3-2021 Newshound Guru Kaperoni There is never going to be a significant overnight change in the value of the Iraqi dinar. If it does go up, it will go up gradually as a result of the success of Iraq's economy. This could take months or many more years...RV or RI. LOL. There is no such thing. There is no specific date.
10-3-2021 Intel Guru Frank26 [Iraq Boots-on-the-ground Firefly TV update]: FIREFLY: News saying president Saleh on interview with CNN talking about how Iraq will be a stable force with full sovereignty in the Arab world saying with construction, new infrastructure Iraq will rebound as leader in region then CBI offering two new financial bonds today for investment…. FRANK26: Everybody knows what Iraq is about to do and when the United Nations bragged about Iraq being a leader in the Middle East last week it’s very encouraging now to see an American news outlet like CNN interviewing Saleh and saying that Iraq is about to become a leader in the middle east… saying that Iraq is a full sovereign country now well isn’t that amazing that everybody knows what we have been sharing since the beginning of this year…[NOTE: See CNN interview below...]
10-3-2021 Newshound Guru Kaperoni There is never going to be a significant overnight change in the value of the Iraqi dinar. If it does go up, it will go up gradually as a result of the success of Iraq's economy. This could take months or many more years...RV or RI. LOL. There is no such thing. There is no specific date.
10-3-2021 Intel Guru Frank26 [Iraq Boots-on-the-ground Firefly TV update]: FIREFLY: News saying president Saleh on interview with CNN talking about how Iraq will be a stable force with full sovereignty in the Arab world saying with construction, new infrastructure Iraq will rebound as leader in region then CBI offering two new financial bonds today for investment…. FRANK26: Everybody knows what Iraq is about to do and when the United Nations bragged about Iraq being a leader in the Middle East last week it’s very encouraging now to see an American news outlet like CNN interviewing Saleh and saying that Iraq is about to become a leader in the middle east… saying that Iraq is a full sovereign country now well isn’t that amazing that everybody knows what we have been sharing since the beginning of this year…[NOTE: See CNN interview below...]
10-3-2021 Newshound Guru BobTheTaxMan If you have to go talk to 6 of these people it's going to slow things down for you and 2. After you have your first conversation with the first one you're going to find that your thinking is going to change because they've introduced something new to you to re-look at this whole situation. By the time you get through talking to 6 of them you're going to be able to talk their language. You're going to be able to understand what it is they're presenting... [Post 2 of 2] [Note: At the appropriate time consult your financial and tax professionals to create a unified strategy that's right for your unique circumstances.]
10-3-2021 Newshound Guru BobTheTaxMan I've sang this song many times - 6 attorneys, 6 CPA's, 6 financial planners. Talk to them. Ask them questions. Get their help. Now obviously if you go to them today they're gonna just kind of say, 'Yeah right. Uh-huh. Sure.' But as soon as this goes from pink to green - a whole new ball game. Take the time to talk to 6. Why would I say six? Two reasons. 1. It's going to make you slow down because when this thing pops there's going to be a lot of panic. There's going to be a lot of emotions coming out...a lot of fears. All those things are going to come out. [Post 1 of 2....stay tuned]
10-3-2021 Newshound Guru MilitiaMan Once the IQD is cleared Internationally it will be fully Article 8 compliant with the IMF and International Standards. That will require a Real Effective Exchange Rate (REER). The Bonds for reconstruction to enhance the Private Sector to support Iraq away from just oil revenues will require it too. Imo. There is data that supports yesterday that the Bonds will trade on the ISX. It is my understanding that the ISX was closed yesterday and won't open until Monday, next. Regardless, there is an effort to trade bonds in the very short term that will require international exposure and standards to apply.
10-3-2021 Newshound Guru BobTheTaxMan I've sang this song many times - 6 attorneys, 6 CPA's, 6 financial planners. Talk to them. Ask them questions. Get their help. Now obviously if you go to them today they're gonna just kind of say, 'Yeah right. Uh-huh. Sure.' But as soon as this goes from pink to green - a whole new ball game. Take the time to talk to 6. Why would I say six? Two reasons. 1. It's going to make you slow down because when this thing pops there's going to be a lot of panic. There's going to be a lot of emotions coming out...a lot of fears. All those things are going to come out. [Post 1 of 2....stay tuned]
10-3-2021 Newshound Guru MilitiaMan Once the IQD is cleared Internationally it will be fully Article 8 compliant with the IMF and International Standards. That will require a Real Effective Exchange Rate (REER). The Bonds for reconstruction to enhance the Private Sector to support Iraq away from just oil revenues will require it too. Imo. There is data that supports yesterday that the Bonds will trade on the ISX. It is my understanding that the ISX was closed yesterday and won't open until Monday, next. Regardless, there is an effort to trade bonds in the very short term that will require international exposure and standards to apply.
10-2-2021 *** Dinar Guru Update *** As you know Guru Frank26 had major surgery this week. He announced he's doing fine and says he is now cancer free! He's a trouper. It'll be a challenge but he'll recover nicely. Keep him and his family in your thoughts and prayers this weekend.
10-2-2021 Intel Guru MarkZ [via PDK] I am still hearing fantastic stuff as they position for it. Keep in mind that there are additional days off in Iraq. They have Sat and Sunday off as they celebrate their “Independence Day” So it’s a long weekend for them and would be an ideal time.
10-1-2021 Intel Guru Frank26 I find it interesting that Sunday is Iraq’s Independence Day very interesting… And I have always found a Saturday into a Sunday very interesting because on Sunday Iraqi banks are open and most of the rest of the banks around the world are closed…
10-2-2021 Intel Guru Holly ...I would like to say our October 1st fiscal year has started. I have heard nothing but good news yesterday...it looks like this week we should see things at our level!!
10-2-2021 Newshound Guru Pimpy We don't do dates and rates and I don't mislead people. I give you the news - the good, bad and ugly. And I also tell you guys there are other factors that we can watch that affect the Iraqi dinar. I know everybody's waiting for an RI or an RV to be announced. I get that and I'm not saying it won't be done but what I'm saying is there are other factors to consider...no body knows the date. Nobody knows the rate. You can take a lot of information and take a pretty good educated guess at it but anybody telling you that they know for sure the date, they know for sure the rate or that the rate has changed or they have special connections, 800#s, back screens, military intelligence, special codes is all full of [You know what]. There's not redemption centers. There's no 800 numbers. It's a currency...
10-2-2021 Newshound/Intel Guru Petra Iraq has successfully met the foreign reserve requirement and they have sufficient capability to protect them!!...
10-2-2021 Intel Guru MarkZ I know the chatter in Iraq is obscene!! They are being pressured by the IMF and the UN…everyone buckle up!! No new rate yet…but, Iraq is being pressured by the IMF to get it done and adjust that rate immediately…. I hear they are pushing to get it done before the next banking day starts over there. Tomorrow is still a bank holiday in Iraq...the Iraq and IMF chatter is fantastic.
10-2-2021 Newshound Guru Kaperoni Significant news for those invested in Iraq. Standard & Poor's came out reviewing Iraq's credit rating. They made a statement that Iraq can improve to A or -A by activating the private sector. This is the encouragement we've been waiting for.
10-2-2021 Intel Guru Frank26 [Iraq Boots-on-the-ground Firefly TV update] FIREFLY: TV...saying...the capital one Islamic banks are now merged with the international Islamic capital one banks. saying this is part of process to produce maximum efficiency for Iraqi banking…TV showing placement of the new ATMs in Mosul and surrounding provinces. saying banking sector will have all new ATMs in place in near future and this a process of the reforms to enhance banking sector…
10-1-2021 Intel Guru Frank26 I find it interesting that Sunday is Iraq’s Independence Day very interesting… And I have always found a Saturday into a Sunday very interesting because on Sunday Iraqi banks are open and most of the rest of the banks around the world are closed…
10-2-2021 Intel Guru Holly ...I would like to say our October 1st fiscal year has started. I have heard nothing but good news yesterday...it looks like this week we should see things at our level!!
10-2-2021 Newshound Guru Pimpy We don't do dates and rates and I don't mislead people. I give you the news - the good, bad and ugly. And I also tell you guys there are other factors that we can watch that affect the Iraqi dinar. I know everybody's waiting for an RI or an RV to be announced. I get that and I'm not saying it won't be done but what I'm saying is there are other factors to consider...no body knows the date. Nobody knows the rate. You can take a lot of information and take a pretty good educated guess at it but anybody telling you that they know for sure the date, they know for sure the rate or that the rate has changed or they have special connections, 800#s, back screens, military intelligence, special codes is all full of [You know what]. There's not redemption centers. There's no 800 numbers. It's a currency...
10-2-2021 Newshound/Intel Guru Petra Iraq has successfully met the foreign reserve requirement and they have sufficient capability to protect them!!...
10-2-2021 Intel Guru MarkZ I know the chatter in Iraq is obscene!! They are being pressured by the IMF and the UN…everyone buckle up!! No new rate yet…but, Iraq is being pressured by the IMF to get it done and adjust that rate immediately…. I hear they are pushing to get it done before the next banking day starts over there. Tomorrow is still a bank holiday in Iraq...the Iraq and IMF chatter is fantastic.
10-2-2021 Newshound Guru Kaperoni Significant news for those invested in Iraq. Standard & Poor's came out reviewing Iraq's credit rating. They made a statement that Iraq can improve to A or -A by activating the private sector. This is the encouragement we've been waiting for.
10-2-2021 Intel Guru Frank26 [Iraq Boots-on-the-ground Firefly TV update] FIREFLY: TV...saying...the capital one Islamic banks are now merged with the international Islamic capital one banks. saying this is part of process to produce maximum efficiency for Iraqi banking…TV showing placement of the new ATMs in Mosul and surrounding provinces. saying banking sector will have all new ATMs in place in near future and this a process of the reforms to enhance banking sector…
10-1-2021 Intel Guru Bruce I’ve been given from 2 different sources...two different windows...one window was to...go all the way to Saturday afternoon...for notification...the other source which...I think may be the most accurate...brought the information thinking it would be next week – not sure what day but it looked like notifications were looking good for Monday... sounds like we could have an interesting weekend... [post 2 of 2]
10-1-2021 Intel Guru Bruce [via WiserNow] ...there’s good information – really good from Iraq – Iraq will be...[now] that they are a sovereign Nation...they will be creating a holiday – sort of like an Independence Day...celebrated this Sunday...They expect to have their new international Dinar rate out on Saturday...that’s something again that needed to happen – so we’re looking Sunday for Iraq to celebrate that...we should finally be able to see what the international rate is for the Iraqi Dinar... [post 1 of 2....stay tuned]
10-1-2021 Intel Guru Fleming There was no announcement in the mosque’s this morning out of Iraq as to what the international rate is, the lower denominations are not in the ATM’s, the rate on their Qui cards was still $3.95.
10-1-2021 Intel Guru Holly ...RV Update...there was a lot of talk yesterday about this new fiscal year starting everything off. The day is young and I need to see where we are at today. We are very close to this at our level. It’s trickling down.
10-1-2021 Newshound Guru Kaperoni Iraq has had significant success and accomplishments over the past two years...Everything from the creation of the "white papers" to successful investment conferences and the signing of agreements to ongoing stability in the country. As well as the CBI's reduction in the exchange rate to encourage economic growth and progress towards the digital dinar....If you take away anything from studying Iraq you should learn that watching Iraq's economy develop is the most important thing to the success of the banking system. Without a diverse economy, nothing is going to happen.
10-1-2021 Intel Guru MarkZ [via PDK] I am getting dead silence out of Iraq which is a little unusual…I am hopeful it means they have released their lower denominations this morning…it does appear to me right now that I am getting some kind of black out over there…
10-1-2021 Newshound Guru Pimpy Article: "Bret crude jumps above $80 a barrel for the first time since 2018" I was expecting this to happen sometime in July but it's definitely here now at the end of September. Bret crude jumps up to $80 a barrel I was expecting it to hit $100 by the end of the year but we'll take it right now. This is good. The higher it goes the better it helps out Iraq as far as getting money together and being able to spend this money on private sectors, building jobs and getting away from reliance so much on oil as main source of income...
10-1-2021 Intel Guru Frank26 [Iraq Boots-on-the-ground Firefly TV update]: FIREFLY: Board of directors of CBI held big meeting...making sure all banks under CBI have their training completed saying all training should be complete and meeting was to make sure…doing training with new notes they now showing us ATMs… FRANK26: ...some banks are finishing up the note training as well and...they’re talking about the training at the CBI that it is complete... the only training they are doing right now is showing the tellers the new small category notes and the new exchange rate and how it works with them so that they can show the citizens... Notice they said near future it is close to our near proximal future… FIREFLY: we like what we hear...we like what we see…. FRANK: things are moving in the right direction as the process continues...
10-1-2021 Newshound Guru BobTheTaxMan Cryptocurrencies are here to stay. There's no way around it. It is here to stay...the internet of things...if you haven't thought about or heard about it you're going to learn about it because it is the basis of everything in the future...getting yourself into the cryptocurrency world is just an absolute absolute... [NOTE: Want to dip your toe into crypto? Discover how to make passive crypto income month-after-month. The opportunity is simple and straightforward. All you need is Internet, electricity and a table. More information is on the crypto updates page. Click here to learn more.]
10-1-2021 Newshound/Intel Guru Mnt Goat Article: "A SOURCE FOR “ECONOMY NEWS”: THE BONDS ARE WORTH A TRILLION DINARS AND WILL GO TO FILL THE BUDGET DEFICIT" This article to me speaks volumes. They are going to finance the rebuilding of their cities and do it through bonds. WOW! ...by not borrowing from the IMF they have made a huge leap in managing their own monetary policy and this is exactly what the IMF needs to see...remember... they told us the ISX was now free of all international sanctions. This means they fully intend to go international with the ISX...I believe this is coming soon as we get closer to January 2022...
10-1-2021 Intel Guru Bruce [via WiserNow] ...there’s good information – really good from Iraq – Iraq will be...[now] that they are a sovereign Nation...they will be creating a holiday – sort of like an Independence Day...celebrated this Sunday...They expect to have their new international Dinar rate out on Saturday...that’s something again that needed to happen – so we’re looking Sunday for Iraq to celebrate that...we should finally be able to see what the international rate is for the Iraqi Dinar... [post 1 of 2....stay tuned]
10-1-2021 Intel Guru Fleming There was no announcement in the mosque’s this morning out of Iraq as to what the international rate is, the lower denominations are not in the ATM’s, the rate on their Qui cards was still $3.95.
10-1-2021 Intel Guru Holly ...RV Update...there was a lot of talk yesterday about this new fiscal year starting everything off. The day is young and I need to see where we are at today. We are very close to this at our level. It’s trickling down.
10-1-2021 Newshound Guru Kaperoni Iraq has had significant success and accomplishments over the past two years...Everything from the creation of the "white papers" to successful investment conferences and the signing of agreements to ongoing stability in the country. As well as the CBI's reduction in the exchange rate to encourage economic growth and progress towards the digital dinar....If you take away anything from studying Iraq you should learn that watching Iraq's economy develop is the most important thing to the success of the banking system. Without a diverse economy, nothing is going to happen.
10-1-2021 Intel Guru MarkZ [via PDK] I am getting dead silence out of Iraq which is a little unusual…I am hopeful it means they have released their lower denominations this morning…it does appear to me right now that I am getting some kind of black out over there…
10-1-2021 Newshound Guru Pimpy Article: "Bret crude jumps above $80 a barrel for the first time since 2018" I was expecting this to happen sometime in July but it's definitely here now at the end of September. Bret crude jumps up to $80 a barrel I was expecting it to hit $100 by the end of the year but we'll take it right now. This is good. The higher it goes the better it helps out Iraq as far as getting money together and being able to spend this money on private sectors, building jobs and getting away from reliance so much on oil as main source of income...
10-1-2021 Intel Guru Frank26 [Iraq Boots-on-the-ground Firefly TV update]: FIREFLY: Board of directors of CBI held big meeting...making sure all banks under CBI have their training completed saying all training should be complete and meeting was to make sure…doing training with new notes they now showing us ATMs… FRANK26: ...some banks are finishing up the note training as well and...they’re talking about the training at the CBI that it is complete... the only training they are doing right now is showing the tellers the new small category notes and the new exchange rate and how it works with them so that they can show the citizens... Notice they said near future it is close to our near proximal future… FIREFLY: we like what we hear...we like what we see…. FRANK: things are moving in the right direction as the process continues...
10-1-2021 Newshound Guru BobTheTaxMan Cryptocurrencies are here to stay. There's no way around it. It is here to stay...the internet of things...if you haven't thought about or heard about it you're going to learn about it because it is the basis of everything in the future...getting yourself into the cryptocurrency world is just an absolute absolute... [NOTE: Want to dip your toe into crypto? Discover how to make passive crypto income month-after-month. The opportunity is simple and straightforward. All you need is Internet, electricity and a table. More information is on the crypto updates page. Click here to learn more.]
10-1-2021 Newshound/Intel Guru Mnt Goat Article: "A SOURCE FOR “ECONOMY NEWS”: THE BONDS ARE WORTH A TRILLION DINARS AND WILL GO TO FILL THE BUDGET DEFICIT" This article to me speaks volumes. They are going to finance the rebuilding of their cities and do it through bonds. WOW! ...by not borrowing from the IMF they have made a huge leap in managing their own monetary policy and this is exactly what the IMF needs to see...remember... they told us the ISX was now free of all international sanctions. This means they fully intend to go international with the ISX...I believe this is coming soon as we get closer to January 2022...
9-30-2021 *** Dinar Guru update *** Longtime Dinar Guru Frank26 will undergo major surgery today. Our thoughts and prayers go out to him and his family. We're hoping for a successful surgery and a quick recovery. It will be tough recovery but he's shown the world he's one tough cookie! Please put him in your thoughts and prayers too...
The latest guru posts will continue below...
The latest guru posts will continue below...
9-30-2021 Intel Guru MarkZ [via PDK] Remember the article from yesterday that in Iraq…they have now legally upheld that all the transactions there on taxation, salaries and any oil purchasing is now to be done in the Iraqi dinar instead of Petrodollars!!! This is BIG…and it comes on the heels of the article stating the GOI supports a floating exchange rate for the dinar , meaning they are ready to allow the rate to float and adjust. Huge stories out of Iraq.
9-30-3021 Newshound/Intel Guru Mnt Goat Let’s get on with our FACTS for this news period. It is all about the dinar exchange rate and managing it. This news about the exchange rate has been on going for months now and it is very good news. We have not seen this kind of news EVER since this investment began. I have been in it for 15 years now...we look forward to better days ahead for Iraq...My CBI contact still tells me that January 2022 period is planned for a major change in the exchange rate. I do not believe this major change is back to pre-devaluation Dec 2020 rate but rather a pre-1990’s rate of over $3-$4 and this would have to mean a reinstatement to FOREX.
9-30-2021 Intel Guru Bruce [via WiserNow] Iraq...had two separate bond offerings – over this past weekend...that is showing the sovereignty and the authenticity of the Iraqi Dinar in its ability for Iraq to offer these...very large bond offers with obviously a new rate on a bond that is gold backed by Iraq – and certainly their Iraqi Dinar is also gold backed...I think we can say Iraq is done and they have done everything they have been asked to do and the signing of the sovereignty and the sanctions that the USA Corp had put on Iraq have been removed – and they are rolling...I just know that we are all excited about the possibility of this going this week...
9-30-2021 Intel Guru Holly Thursday RV Update: ...All sources and even some I do not hear from often have said this is the week it all starts...
9-30-2021 Newshound Guru Kaperoni [Hypothetical] Iraq is going to go to a 1 to $1 exchange rate...if they do...it will be a LOP not an RV because there's too much currency in circulation for Iraq to ever significantly revalue.
9-30-2021 Intel Guru MarkZ [via PDK] In Iraq I am still hearing they are planning on a new rate and lower denominations before tomorrow morning. That is still the goal from all my Iraqi contacts… Lets hope this is it.
9-30-2021 Intel Guru Frank26 [Iraq Boots-on-the-ground Firefly TV update]: FIREFLY: TV keeps talking today about the construction bonds and the relationship to the exchange rate keep talking about lowering the exchange rate we used to be 1160 and the way he talks sounds like to 1 he in other words is talking about a revalue without actually saying it but that spells out rv...
9-30-2021 Newshound Guru Pimpy Iraq seems to be moving aggressively and forward in a very positive manner. We know that they are getting ready for the elections...about 12 days...less than a couple weeks. Let's hope Al-Kazemi gets back in there and continues to to the great things that he is doing...
9-30-2021 Intel Guru Bruce [via WiserNow] ...it would appear from what I have heard...that we can look forward to the rest of this week...Iraq has been a country which is finally been given their sovereignty – finally has a currency – that they have been able to set the rate on – and trade globally – that happened last Saturday afternoon into Sunday...
9-30-3021 Newshound/Intel Guru Mnt Goat Let’s get on with our FACTS for this news period. It is all about the dinar exchange rate and managing it. This news about the exchange rate has been on going for months now and it is very good news. We have not seen this kind of news EVER since this investment began. I have been in it for 15 years now...we look forward to better days ahead for Iraq...My CBI contact still tells me that January 2022 period is planned for a major change in the exchange rate. I do not believe this major change is back to pre-devaluation Dec 2020 rate but rather a pre-1990’s rate of over $3-$4 and this would have to mean a reinstatement to FOREX.
9-30-2021 Intel Guru Bruce [via WiserNow] Iraq...had two separate bond offerings – over this past weekend...that is showing the sovereignty and the authenticity of the Iraqi Dinar in its ability for Iraq to offer these...very large bond offers with obviously a new rate on a bond that is gold backed by Iraq – and certainly their Iraqi Dinar is also gold backed...I think we can say Iraq is done and they have done everything they have been asked to do and the signing of the sovereignty and the sanctions that the USA Corp had put on Iraq have been removed – and they are rolling...I just know that we are all excited about the possibility of this going this week...
9-30-2021 Intel Guru Holly Thursday RV Update: ...All sources and even some I do not hear from often have said this is the week it all starts...
9-30-2021 Newshound Guru Kaperoni [Hypothetical] Iraq is going to go to a 1 to $1 exchange rate...if they do...it will be a LOP not an RV because there's too much currency in circulation for Iraq to ever significantly revalue.
9-30-2021 Intel Guru MarkZ [via PDK] In Iraq I am still hearing they are planning on a new rate and lower denominations before tomorrow morning. That is still the goal from all my Iraqi contacts… Lets hope this is it.
9-30-2021 Intel Guru Frank26 [Iraq Boots-on-the-ground Firefly TV update]: FIREFLY: TV keeps talking today about the construction bonds and the relationship to the exchange rate keep talking about lowering the exchange rate we used to be 1160 and the way he talks sounds like to 1 he in other words is talking about a revalue without actually saying it but that spells out rv...
9-30-2021 Newshound Guru Pimpy Iraq seems to be moving aggressively and forward in a very positive manner. We know that they are getting ready for the elections...about 12 days...less than a couple weeks. Let's hope Al-Kazemi gets back in there and continues to to the great things that he is doing...
9-30-2021 Intel Guru Bruce [via WiserNow] ...it would appear from what I have heard...that we can look forward to the rest of this week...Iraq has been a country which is finally been given their sovereignty – finally has a currency – that they have been able to set the rate on – and trade globally – that happened last Saturday afternoon into Sunday...
9-29-2021 Intel Guru MarkZ [via PDK] "Iraqi Finance Minister supports floating exchange rate of the dinar" This piece is HUGE...in a nutshell this is basically the announcement of what we are getting ready to see. We are still hearing they are going to start that this week. They are pushing for that free float. This is what we have been expecting so they come out with a lower rate on the street and allow it to float up. This should not affect our contract rate.
9-29-2021 Newshound/Intel Guru Mnt Goat Article: "IRAQI PRESIDENT: WE WERE THE ARENA OF A REGIONAL AND INTERNATIONAL STRUGGLE WITH OUR MONEY AND OUR LIVES" Quote: "The Iraqi President, Barham Salih, considered, on Sunday, that Iraq was an arena for regional and international conflict with the money ..." ...Like I have said this is their last rodeo to get this right or else the future does not look good! They must stay on course...
9-29-2021 Intel Guru Fleming ...What happened to the Iraqi Revaluation? The US told them not to start and so they didn’t. Who/what entity in US has the authority to tell IRAQ , a sovereign nation state – ...not to launch its new currency? Only the UST has that authority...The “Peg to the USD”, by nation states participating in US guarantee for exchange of their currencies, gives the UST authority. This may be what gave the UST authority over the CBI’s actions... Iraq had given their word for a start this week and now it’s not happening. Without an announcement in the mosque, it’s literally too late to start... I hope, right now, with all sincerity, that Iraq goes ahead and releases its international rate. We’re waiting for that. The lower denominations are out. Just not in the ATM machines. Not until the REVALUATION takes place...
9-29-2021 Newshound Guru Pimpy You've got to be careful about who you're talking to and hearing from. When they can make you promises, they give you actual dates and actual rates - RUN! When they tell you it's being exchanged in country and hasn't done yet - RUN! ...I want you to understand something. If the rate change happened in country, do you understand what type of black market we would have going on here? You could go to the United States and buy the currency dirt cheap, run over to the border, give it to a friend who can run it to Iraq, exchange it for the higher exchange rate, take the money, bring it back to you, you go back to your country, buy more and get rich that way. This is why there is no 'change of rate in-country'. It would definitely destabilize the currency. That doesn't make any sense whatsoever...
9-29-2021 Newshound Guru BobTheTaxMan The Roth [IRA] obviously is our only thing that you and I have that gives us a tax-free gain. That's it. There's nothing else out there that's going to do it for you. I realize there's rumors floating around...'this isn't the going to be taxable blah blah blah blah...' What a bunch of bull okay. It is going to be taxable. The only way you're going to be able to get it to you tax-free is with a Roth. [Note: At the appropriate time consult your tax professionals to create a tax strategy that's right for your unique circumstances.]
9-29-2021 Newshound Guru Kaperoni When they reduced the exchange rate last December (about 20%) it now requires more dinar to purchase the same goods. The CBI had to issue more currency into circulation to make up for it. The news stated the money supply has grown from about 42 trillion to 80 trillion...I do agree with some that before Iraq can even consider beginning to raise the value they need to convert to a digital economy. Doing so would allow them to remove the physical paper...would allow the central bank to control the money supply much easier as well as significantly reduce abuse or corruption...There has been several news articles in the recent weeks discussing this transition to digital format...
9-29-2021 Intel Guru MarkZ [via PDK] It has been a whirlwind week…it is all very positive...In Iraq I have heard from multiple sources that lower denominations are inside their ATM’s starting on Thursday which is just a day away...from my banking sources…they are all on the edge of their seats… We are watching a number of things come together on the RV front.
9-29-2021 Newshound/Intel Guru Mnt Goat Article: "AN EXPERT TALKS ABOUT A RELATIONSHIP BETWEEN THE “CONSTRUCTION” BONDS OFFERED BY THE CENTRAL BANK OF IRAQ AND THE DINAR EXCHANGE RATE" Just so this is clear, they mean reduce the dinar rate down like from lower the numbers. For instance 1450 to 1166 or 1166 to 1. Get it? I really believe they mean to RV to make these bonds work.
9-29-2021 Intel Guru Frank26 THE UNITED STATES OF AMERICA & IRAQ ARE MIRROR IMAGES IN THEIR FINANCIAL CRISES. WHAT WE MEAN BY THAT IS, THAT IRAQ IS ON A FISCAL CALENDAR AND IT WOULD BEHOOVE THEM TO RELEASE THE NEW EXCHANGE RATE AND NSCN’S BY THE 30TH OF SEPTEMBER BECAUSE THAT IS THE END OF THE FISCAL YEAR OR THEY WILL DAMAGE THEIR REFORMS IF THEY DO NOT...I FIND IT INTERESTING THAT THIS COINCIDENCE IS SO CONVINCING AND TELLING CONSIDERING THE DEBT CEILING OF THE UNITED STATES OF AMERICA THAT MUST BE RAISED BY THE SAME 30TH OF SEPTEMBER...
9-29-2021 Newshound Guru MilitiaMan Article: "IFC is the largest global development institution focused on the private sector in developing countries." ...there is a concerted effort to support digital transformations around the world. Here is more support for my view on the matter of it is not only about Iraq, but, it very well may be about Iraq being a lynch pin for the transformation. Again, this effort is not new appears to now have the timing on our side to come to fruition. ...the IFC and WORLD Bank are supporting Viet Nam just as they have with Iraq...The stage has been set by Iraq at the UN as being Safe, Stable and Sovereign... imo.
9-29-2021 Newshound/Intel Guru Mnt Goat Article: "IRAQI PRESIDENT: WE WERE THE ARENA OF A REGIONAL AND INTERNATIONAL STRUGGLE WITH OUR MONEY AND OUR LIVES" Quote: "The Iraqi President, Barham Salih, considered, on Sunday, that Iraq was an arena for regional and international conflict with the money ..." ...Like I have said this is their last rodeo to get this right or else the future does not look good! They must stay on course...
9-29-2021 Intel Guru Fleming ...What happened to the Iraqi Revaluation? The US told them not to start and so they didn’t. Who/what entity in US has the authority to tell IRAQ , a sovereign nation state – ...not to launch its new currency? Only the UST has that authority...The “Peg to the USD”, by nation states participating in US guarantee for exchange of their currencies, gives the UST authority. This may be what gave the UST authority over the CBI’s actions... Iraq had given their word for a start this week and now it’s not happening. Without an announcement in the mosque, it’s literally too late to start... I hope, right now, with all sincerity, that Iraq goes ahead and releases its international rate. We’re waiting for that. The lower denominations are out. Just not in the ATM machines. Not until the REVALUATION takes place...
9-29-2021 Newshound Guru Pimpy You've got to be careful about who you're talking to and hearing from. When they can make you promises, they give you actual dates and actual rates - RUN! When they tell you it's being exchanged in country and hasn't done yet - RUN! ...I want you to understand something. If the rate change happened in country, do you understand what type of black market we would have going on here? You could go to the United States and buy the currency dirt cheap, run over to the border, give it to a friend who can run it to Iraq, exchange it for the higher exchange rate, take the money, bring it back to you, you go back to your country, buy more and get rich that way. This is why there is no 'change of rate in-country'. It would definitely destabilize the currency. That doesn't make any sense whatsoever...
9-29-2021 Newshound Guru BobTheTaxMan The Roth [IRA] obviously is our only thing that you and I have that gives us a tax-free gain. That's it. There's nothing else out there that's going to do it for you. I realize there's rumors floating around...'this isn't the going to be taxable blah blah blah blah...' What a bunch of bull okay. It is going to be taxable. The only way you're going to be able to get it to you tax-free is with a Roth. [Note: At the appropriate time consult your tax professionals to create a tax strategy that's right for your unique circumstances.]
9-29-2021 Newshound Guru Kaperoni When they reduced the exchange rate last December (about 20%) it now requires more dinar to purchase the same goods. The CBI had to issue more currency into circulation to make up for it. The news stated the money supply has grown from about 42 trillion to 80 trillion...I do agree with some that before Iraq can even consider beginning to raise the value they need to convert to a digital economy. Doing so would allow them to remove the physical paper...would allow the central bank to control the money supply much easier as well as significantly reduce abuse or corruption...There has been several news articles in the recent weeks discussing this transition to digital format...
9-29-2021 Intel Guru MarkZ [via PDK] It has been a whirlwind week…it is all very positive...In Iraq I have heard from multiple sources that lower denominations are inside their ATM’s starting on Thursday which is just a day away...from my banking sources…they are all on the edge of their seats… We are watching a number of things come together on the RV front.
9-29-2021 Newshound/Intel Guru Mnt Goat Article: "AN EXPERT TALKS ABOUT A RELATIONSHIP BETWEEN THE “CONSTRUCTION” BONDS OFFERED BY THE CENTRAL BANK OF IRAQ AND THE DINAR EXCHANGE RATE" Just so this is clear, they mean reduce the dinar rate down like from lower the numbers. For instance 1450 to 1166 or 1166 to 1. Get it? I really believe they mean to RV to make these bonds work.
9-29-2021 Intel Guru Frank26 THE UNITED STATES OF AMERICA & IRAQ ARE MIRROR IMAGES IN THEIR FINANCIAL CRISES. WHAT WE MEAN BY THAT IS, THAT IRAQ IS ON A FISCAL CALENDAR AND IT WOULD BEHOOVE THEM TO RELEASE THE NEW EXCHANGE RATE AND NSCN’S BY THE 30TH OF SEPTEMBER BECAUSE THAT IS THE END OF THE FISCAL YEAR OR THEY WILL DAMAGE THEIR REFORMS IF THEY DO NOT...I FIND IT INTERESTING THAT THIS COINCIDENCE IS SO CONVINCING AND TELLING CONSIDERING THE DEBT CEILING OF THE UNITED STATES OF AMERICA THAT MUST BE RAISED BY THE SAME 30TH OF SEPTEMBER...
9-29-2021 Newshound Guru MilitiaMan Article: "IFC is the largest global development institution focused on the private sector in developing countries." ...there is a concerted effort to support digital transformations around the world. Here is more support for my view on the matter of it is not only about Iraq, but, it very well may be about Iraq being a lynch pin for the transformation. Again, this effort is not new appears to now have the timing on our side to come to fruition. ...the IFC and WORLD Bank are supporting Viet Nam just as they have with Iraq...The stage has been set by Iraq at the UN as being Safe, Stable and Sovereign... imo.
9-28-2021 Intel Guru MarkZ [via PDK] News out of Iraq has been phenomenal today. They are expecting full blown lower denoms and a higher rate on Thursday of this week. I am hoping we see rate information as early as tomorrow in Iraq. I am hearing fantastic chatter out of the sandbox right now. It is almost overwhelming the good chatter I am hearing for the next week and possibly as soon as tomorrow. ...The Chatter out of Iraq proper is they would like the new rate released before October 1st.
9-28-2021 Intel Guru Frank26 We don't know what they're going to do once they raise the value. They may limit you to a certain amount of time you have to exchange those 3 zeros and you won't be able to take part in the International growth. Hey, 1 to 1 is fine.
9-28-2021 Newshound Guru Kaperoni ...the Central Bank of Iraq is selling bonds [means] that they're about to RV their currency LOL. First, there has been numerous articles stating the exchange rate will stay the same for the next year, second, iraq has over 80 trillion dinar in circulation...Iraq is saying just the opposite in keeping the exchange rate low to encourage investment and develop a market economy.
9-28-2021 Newshound Guru BobTheTaxMan They have to unload it. Isn't that a kick in the teeth...Use those gifting assignment. That's one way to help reduce those estate taxes is get that out/moved out. Now a little hint. Those have to be done and it's got to be finished before 3 years before you die and we need those dates done before the RV. So make sure you get those done now. The whole purpose is to reduce these estate taxes... [Post 2 of 2] [Note: At the appropriate time consult your tax professionals to create a tax strategy that's right for your unique circumstances.]
9-28-2021 Newshound Guru BobTheTaxMan Estate taxes dang it! These caps are always in the swing. I know Bernie wanted to take it to $1 million and there was actually a serious consideration to take it down to three but now they've settled it at 5 at least in the presentation we have going out for clearance now. Well 5 is a long cry from 11. A long cry. And with them wanting to limit us to 10 million dollars in our combined retirement accounts I have a lot of people who have got 30, 40, 50 million IQD sitting in their Roth. So what's going to happen to them? [Post 1 of 2....stay tuned]
9-28-2021 Intel Guru MarkZ [via PDK] I am still hearing from the Iraqi contacts that they still very much expect it this week. It gives me a warm fuzzy feeling but also a bit nervous as there is such expectations for tomorrow over there. Cross your fingers and pray we are going to see it.
9-28-2021 Newshound Guru Pimpy We've heard many many different things telling us that it's real and it will happen. I'm saying it's possible...feel good about your investment. You should. But also limit your risk. In other words don't go out there and go all willy-nilly buying millions and millions and millions of dinars. I only have 5 million...People freak out, 'you only have 5?' Yeah, that's it. It's not whether or not the IQD is a scam. We know it's not. It's the probability of an RI or an RV that we're actually betting on...feel happy about it...It's not a scam...I feel confident in the dinar that's why I talk about it. That's why I have it... [Post 2 of 2]
9-28-2021 Newshound Guru Pimpy Let's have that hard talk...you get these people...when you try to talk in detail about the subject and if it doesn't line up with their belief systems they just lose their freaking mind. It's really not necessary...this is going to help you out with all the naysayers...The currency itself is not a scam. The investment is not a scam. There are individual out there who use the currency to commit fraud against other individuals that's the scam. Is there going to be an RI or an RV? It's possible. [Post 1 of 2....stay tuned]
9-28-2021 Intel Guru MarkZ [via PDK] ...folks have asked “What’s going on” in regards to timing. Some people asked if it could be October 10th for the seating of the new government in Iraq. I am not hearing that from any of my folks...My redemption center folks are properly staffing people in the redemption centers for later this week...still getting fantastic news from...the redemption side of it.
9-28-2021 Intel Guru Frank26 Iraq is going to be a trading hub and the reason why is because they will stay on par with the American dollar...
9-28-2021 Intel Guru Frank26 We don't know what they're going to do once they raise the value. They may limit you to a certain amount of time you have to exchange those 3 zeros and you won't be able to take part in the International growth. Hey, 1 to 1 is fine.
9-28-2021 Newshound Guru Kaperoni ...the Central Bank of Iraq is selling bonds [means] that they're about to RV their currency LOL. First, there has been numerous articles stating the exchange rate will stay the same for the next year, second, iraq has over 80 trillion dinar in circulation...Iraq is saying just the opposite in keeping the exchange rate low to encourage investment and develop a market economy.
9-28-2021 Newshound Guru BobTheTaxMan They have to unload it. Isn't that a kick in the teeth...Use those gifting assignment. That's one way to help reduce those estate taxes is get that out/moved out. Now a little hint. Those have to be done and it's got to be finished before 3 years before you die and we need those dates done before the RV. So make sure you get those done now. The whole purpose is to reduce these estate taxes... [Post 2 of 2] [Note: At the appropriate time consult your tax professionals to create a tax strategy that's right for your unique circumstances.]
9-28-2021 Newshound Guru BobTheTaxMan Estate taxes dang it! These caps are always in the swing. I know Bernie wanted to take it to $1 million and there was actually a serious consideration to take it down to three but now they've settled it at 5 at least in the presentation we have going out for clearance now. Well 5 is a long cry from 11. A long cry. And with them wanting to limit us to 10 million dollars in our combined retirement accounts I have a lot of people who have got 30, 40, 50 million IQD sitting in their Roth. So what's going to happen to them? [Post 1 of 2....stay tuned]
9-28-2021 Intel Guru MarkZ [via PDK] I am still hearing from the Iraqi contacts that they still very much expect it this week. It gives me a warm fuzzy feeling but also a bit nervous as there is such expectations for tomorrow over there. Cross your fingers and pray we are going to see it.
9-28-2021 Newshound Guru Pimpy We've heard many many different things telling us that it's real and it will happen. I'm saying it's possible...feel good about your investment. You should. But also limit your risk. In other words don't go out there and go all willy-nilly buying millions and millions and millions of dinars. I only have 5 million...People freak out, 'you only have 5?' Yeah, that's it. It's not whether or not the IQD is a scam. We know it's not. It's the probability of an RI or an RV that we're actually betting on...feel happy about it...It's not a scam...I feel confident in the dinar that's why I talk about it. That's why I have it... [Post 2 of 2]
9-28-2021 Newshound Guru Pimpy Let's have that hard talk...you get these people...when you try to talk in detail about the subject and if it doesn't line up with their belief systems they just lose their freaking mind. It's really not necessary...this is going to help you out with all the naysayers...The currency itself is not a scam. The investment is not a scam. There are individual out there who use the currency to commit fraud against other individuals that's the scam. Is there going to be an RI or an RV? It's possible. [Post 1 of 2....stay tuned]
9-28-2021 Intel Guru MarkZ [via PDK] ...folks have asked “What’s going on” in regards to timing. Some people asked if it could be October 10th for the seating of the new government in Iraq. I am not hearing that from any of my folks...My redemption center folks are properly staffing people in the redemption centers for later this week...still getting fantastic news from...the redemption side of it.
9-28-2021 Intel Guru Frank26 Iraq is going to be a trading hub and the reason why is because they will stay on par with the American dollar...
9-27-2021 Intel Guru MarkZ [via PDK] I am still hearing fantastic things from my Iraqi sources…they are in a mad push to get the rv done before the end of the month. This is just 3 days away. There are great expectations for Wednesday...Contacts in Iraq think the new rate is coming out on Wednesday. So I am still getting fantastic news from Iraq...I hope this is it…
9-27-2021 Newshound Guru Pimpy Let's listen to the man himself, Dr. Shabibi. Listen to what Dr. Shabibi says about the exchange rate. Conference Question a few years back: "...How far do you believe that we are from a potential revaluation?" SHABIBI: "Well even if I know the answer I cannot tell you." When people say, 'Well my inside person told me.' No they didn't. This is Dr. Shabibi...I told you to understand in some countries leaking this kind of information is the death penalty. No person in the right mind is going to tell you the date or the rate. It's against the law. That's like having insider trader information...he's very careful with his wording...he can't let anybody at all know one way or another anything about a date or rate.
9-27-2021 Newshound Guru BobTheTaxMan Gifting assignment [estate planning] - You can use them for the IQD, you can use them for crypto. They need to be done before the RV. When is that coming? ...Friday at 3 o'clock? I don't know when it's going to happen but I tell you this much it's getting closer instead of further away. You got to get them done before then. You can use the same documents for IQD or cryptos. Get those things done...They're unlimited. You can make a gazillion of these things. I tell people you can do it in the middle of the night in your underwear. It doesn't make any difference. You can make all those that you want...
9-27-2021 Newshound/Intel RVAlready [Read an article that the Iraqis will start to sell government bonds with 6%-7% rates for two years. Now tell me, would they sell bonds at a program rate for such a long period of 2 years?] ...the construction bonds in Iraq are great news!!! RV next, I hope!!!
9-27-2021 Intel Guru MarkZ [via PDK] ...over the weekend Iraq announced they are selling government bonds…Why is this important?...Why does this matter?...Well, ..this is what also happened in Kuwait right before the new rates released…literally the week before they announced their RV they announced they were going to start selling bonds to repair their infrastructure and all of those things…and then BAM…we got a reset there on their currency…this is why that is important...there is great expectation in Iraq right now because of this. They are hoping to see the new rate midweek this week.
9-27-2021 Newshound Guru Breitling One of two things. Iraq is going to add value to the currency or if things go sideways and Iran influence Iraq's markets where they start going negative, we're [The U.S.] going to de- dollarize Iraq - they're going to add value their currency and you better exchange as quickly as possible...the water's still muddy right now...you have 2 options and they're going to add value to the currency. One, you probably get to stay in a little longer. The other one you need to get out as quick as possible when they start adding value to it...
9-27-2021 Intel Guru Bluwolf No matter what is said and done, this RV is a done deal. It has happened and it shall be distributed. You will receive your 800 # and you will exchange your currencies to the highest rates PERIOD...
9-27-2021 Intel Guru Bruce [via WiserNow] ...it’s hard to imagine in a way that this is about over – but I believe with the intel that I have ...I believe this should do it...we have people in Iraq that we talk to...and this blew my mind...to find this out...that Iraq had finally been released from the sanctions that the Central Bank of Iraq was under...they were still under sanctions as a result were not allowed to trade their currency openly UNTIL [last week]...
9-27-2021 Newshound Guru Pimpy Let's listen to the man himself, Dr. Shabibi. Listen to what Dr. Shabibi says about the exchange rate. Conference Question a few years back: "...How far do you believe that we are from a potential revaluation?" SHABIBI: "Well even if I know the answer I cannot tell you." When people say, 'Well my inside person told me.' No they didn't. This is Dr. Shabibi...I told you to understand in some countries leaking this kind of information is the death penalty. No person in the right mind is going to tell you the date or the rate. It's against the law. That's like having insider trader information...he's very careful with his wording...he can't let anybody at all know one way or another anything about a date or rate.
9-27-2021 Newshound Guru BobTheTaxMan Gifting assignment [estate planning] - You can use them for the IQD, you can use them for crypto. They need to be done before the RV. When is that coming? ...Friday at 3 o'clock? I don't know when it's going to happen but I tell you this much it's getting closer instead of further away. You got to get them done before then. You can use the same documents for IQD or cryptos. Get those things done...They're unlimited. You can make a gazillion of these things. I tell people you can do it in the middle of the night in your underwear. It doesn't make any difference. You can make all those that you want...
9-27-2021 Newshound/Intel RVAlready [Read an article that the Iraqis will start to sell government bonds with 6%-7% rates for two years. Now tell me, would they sell bonds at a program rate for such a long period of 2 years?] ...the construction bonds in Iraq are great news!!! RV next, I hope!!!
9-27-2021 Intel Guru MarkZ [via PDK] ...over the weekend Iraq announced they are selling government bonds…Why is this important?...Why does this matter?...Well, ..this is what also happened in Kuwait right before the new rates released…literally the week before they announced their RV they announced they were going to start selling bonds to repair their infrastructure and all of those things…and then BAM…we got a reset there on their currency…this is why that is important...there is great expectation in Iraq right now because of this. They are hoping to see the new rate midweek this week.
9-27-2021 Newshound Guru Breitling One of two things. Iraq is going to add value to the currency or if things go sideways and Iran influence Iraq's markets where they start going negative, we're [The U.S.] going to de- dollarize Iraq - they're going to add value their currency and you better exchange as quickly as possible...the water's still muddy right now...you have 2 options and they're going to add value to the currency. One, you probably get to stay in a little longer. The other one you need to get out as quick as possible when they start adding value to it...
9-27-2021 Intel Guru Bluwolf No matter what is said and done, this RV is a done deal. It has happened and it shall be distributed. You will receive your 800 # and you will exchange your currencies to the highest rates PERIOD...
9-27-2021 Intel Guru Bruce [via WiserNow] ...it’s hard to imagine in a way that this is about over – but I believe with the intel that I have ...I believe this should do it...we have people in Iraq that we talk to...and this blew my mind...to find this out...that Iraq had finally been released from the sanctions that the Central Bank of Iraq was under...they were still under sanctions as a result were not allowed to trade their currency openly UNTIL [last week]...
9-26-2021 Newshound Guru BobTheTaxMan Keeping your taxes as low as possible saves you money. I've been singing this song for how long now? Taxes is the biggest hole in your financial ship...this is the thing we have to watch for when we do our investing. Taxes are always going to be the biggest hole in your plans...there are ways to reduce those taxes but it demands/requires you to do something now... [Note: At the appropriate time for you, consult your tax professionals to create a tax strategy that's right for your unique circumstances.]
9-26-2021 Newshound Guru MilitiaMan Article: "Public Traffic announces tomorrow, Monday, the date for opening all Baghdad streets" They will have 100% access to the streets. I wonder if that means they can access the thousands of new ATMs and be able to use the millions of cards to activate a new Sovereignty? The UN video described Iraq as being safe, stable and sovereign meeting place. Let see what happens by opening up 100% of all streets in Baghdad.
9-26-2021 Intel Guru Frank26 [Possible exchange possibilities/ considerations/strategies] Remember what we told you. Look at the exchange rate. Is it 1 to 1? [Then ask] CBI how long are you going to coexist the new small category notes with the 3 zeros? How long? A year? They'll co-exist forever? 6 months? 3 months? I don't have much time for the International growth do I? I was going to cash out about 10% in the beginning, I think I'll cash out 90%... [NOTE: At the appropriate time, take everything you learn hear to your professional financial advisor to create a plan specific to your unique circumstances.]
9-26-2021 Newshound Guru Pimpy So if they removed 70% of the money supply, plus all them that have been damaged just through natural wear and tear, ones that were taken by ISIS, ones damaged during the flood that means the actual amount of IQD out there is very low. Now that makes it very realistic that the IQD can indeed be revalued around $3.00 if not more. I'm not saying that's the rate. I'm saying that is a more realistic rate given the fact that we know for sure now that the amount of existing IQD has been reduced by at least a minimum of 70%...this is great news! [Post 3 of 3]
9-26-2021 Newshound Guru Pimpy Quote "The Central Bank's aggressive policies spent $1 billion to $1.5 billion every month in oil revenues to buy physical IQD supply on the open market said by Moldov a senior advisor to the bank." ...you remove 70% of it that brings it way down. Again, this is only what they bought and destroyed...We also know that there is something like 95% of the supply is out of country 5% of it is in country. I can tell you this that the big portion of the existing IQD is in the hands of banks...the average speculator has 250,000 IQD. That's the average... [Post 2 of 3....stay tuned]
9-26-2021 Newshound Guru Pimpy You see in the Iraq [Central] Bank on their website it tells you how much currency was created - 55 trillion dinar. But what is not put on there is how much of it was destroyed? There was a flood and the banks had to destroy that money. How much of it was taken by ISIS and destroyed? We don't know...I did show an article in which it stated that Iraq was taking $1.5 billion of their oil money, buying back the IQD off the open market. This is great news. Think supply and demand. If there truly is that much Iraq dinar out there, there's no way you could possibly do it at $3.00. It would bankrupt the country. This is the first time I hear this - 70% of the money supply [removed from market] that makes it way more realistic that a revalue can be done at that rate. [Post 1 of 3...stay tuned]
9-26-2021 Newshound Guru Desert Advisor Iraq has basically kicked out France and their military and our military. They've just not discovered but they're really seeking investors now for their phosphate which has been going on for years, meeting with multiple countries and different investment companies whether it's their energy, in different agriculture sectors, phosphate, all kinds of stuff and their economic reform is making way as much as they're talking with the IMF, the World Bank and everything like that with the new budget. It's pretty interesting to see everything going on!
9-26-2021 Newshound/Intel Guru Mnt Goat Article: "SALEH PUTS THE INTERNATIONAL COMMUNITY IN THE PICTURE REGARDING IRAQ IN HIS SPEECH TODAY" Iraq is now all about “international”. Yes, everything these days is reaching out to the international community for trade and business. We can see the reinstatement of the dinar coming clearer and clearer in the picture each day as we progress closer and closer to the end of the year.
9-26-2021 Newshound Guru MilitiaMan Article: "Public Traffic announces tomorrow, Monday, the date for opening all Baghdad streets" They will have 100% access to the streets. I wonder if that means they can access the thousands of new ATMs and be able to use the millions of cards to activate a new Sovereignty? The UN video described Iraq as being safe, stable and sovereign meeting place. Let see what happens by opening up 100% of all streets in Baghdad.
9-26-2021 Intel Guru Frank26 [Possible exchange possibilities/ considerations/strategies] Remember what we told you. Look at the exchange rate. Is it 1 to 1? [Then ask] CBI how long are you going to coexist the new small category notes with the 3 zeros? How long? A year? They'll co-exist forever? 6 months? 3 months? I don't have much time for the International growth do I? I was going to cash out about 10% in the beginning, I think I'll cash out 90%... [NOTE: At the appropriate time, take everything you learn hear to your professional financial advisor to create a plan specific to your unique circumstances.]
9-26-2021 Newshound Guru Pimpy So if they removed 70% of the money supply, plus all them that have been damaged just through natural wear and tear, ones that were taken by ISIS, ones damaged during the flood that means the actual amount of IQD out there is very low. Now that makes it very realistic that the IQD can indeed be revalued around $3.00 if not more. I'm not saying that's the rate. I'm saying that is a more realistic rate given the fact that we know for sure now that the amount of existing IQD has been reduced by at least a minimum of 70%...this is great news! [Post 3 of 3]
9-26-2021 Newshound Guru Pimpy Quote "The Central Bank's aggressive policies spent $1 billion to $1.5 billion every month in oil revenues to buy physical IQD supply on the open market said by Moldov a senior advisor to the bank." ...you remove 70% of it that brings it way down. Again, this is only what they bought and destroyed...We also know that there is something like 95% of the supply is out of country 5% of it is in country. I can tell you this that the big portion of the existing IQD is in the hands of banks...the average speculator has 250,000 IQD. That's the average... [Post 2 of 3....stay tuned]
9-26-2021 Newshound Guru Pimpy You see in the Iraq [Central] Bank on their website it tells you how much currency was created - 55 trillion dinar. But what is not put on there is how much of it was destroyed? There was a flood and the banks had to destroy that money. How much of it was taken by ISIS and destroyed? We don't know...I did show an article in which it stated that Iraq was taking $1.5 billion of their oil money, buying back the IQD off the open market. This is great news. Think supply and demand. If there truly is that much Iraq dinar out there, there's no way you could possibly do it at $3.00. It would bankrupt the country. This is the first time I hear this - 70% of the money supply [removed from market] that makes it way more realistic that a revalue can be done at that rate. [Post 1 of 3...stay tuned]
9-26-2021 Newshound Guru Desert Advisor Iraq has basically kicked out France and their military and our military. They've just not discovered but they're really seeking investors now for their phosphate which has been going on for years, meeting with multiple countries and different investment companies whether it's their energy, in different agriculture sectors, phosphate, all kinds of stuff and their economic reform is making way as much as they're talking with the IMF, the World Bank and everything like that with the new budget. It's pretty interesting to see everything going on!
9-26-2021 Newshound/Intel Guru Mnt Goat Article: "SALEH PUTS THE INTERNATIONAL COMMUNITY IN THE PICTURE REGARDING IRAQ IN HIS SPEECH TODAY" Iraq is now all about “international”. Yes, everything these days is reaching out to the international community for trade and business. We can see the reinstatement of the dinar coming clearer and clearer in the picture each day as we progress closer and closer to the end of the year.
9-25-2021 Intel Guru Frank26 Article "The exchange rate will be fixed in the 2022 budget and there will be no change in it" The new exchange rate is fixed to float under a controlled managed rate increase...this is education for the citizens.
9-25-2021 Intel Guru Bruce [via WiserNow] So all of this that we’ve been waiting for a little bit of it had to do still with Iraq – So now that part is clear – good to go – Iraq is free and my personal feeling is we won’t really find out about the rates of the dinar – it won’t be made public maybe until we get started which is right around the corner...Iraq is now a true sovereign nation and they can control their own destiny with their own currency...this is a pivotal weekend... next week is a huge week and we’re setting ourselves up for the rest of our lives – this is it...
9-25-2021 Newshound Guru BobTheTaxMan Ordinary income...I want to show where it's important for you to understand how it's calculated. We have our IQD...it's taxed on a percentage that's based on your marital status or filing status and certain allowable deductions. Under the Biden Administration they want to change it. It'll go up from 39.5% if you make over 400K. That's the big thing they want to make a change to. [NOTE: Everyone has an opinion on how the dinar exchange will or won't be taxed...remember the only opinion that matters is the IRS's - At the appropriate time speak with your tax advisor to build the best tax strategy for your unique circumstances.]
9-25-2021 Guest Guru Wolverine …The Iraqis are trying to post their international rate today...They are working with the IMF and the AIIB to do so. They have the whole afternoon, and then they will lock down the rates that were loaded yesterday...They actually have the PROCEDURES for the RV scheduled, IF there is lockdown on the rates...This is it my friends we are at the last hurdle of this saga after 30 years waiting and so many disappointments that we faced throughout this journey where we thought were at the finish line.
9-25-2021 Intel Guru Frank26 You need to know for how long will this currency coexist and then you can make your calculations of how much you want to exchange and then you can make your calculations of how much of that you want to use now or protect. Biden is talking about, I don't know I think heard wrong, 40%-50% in taxes? Capital gains taxes from, what is it I think, 21% corporate right now to 29% almost 30%... [Note: Speak with your financial advisor at the appropriate time to build a strategy right for your unique circumstances.]
9-25-2021 Newshound Guru Pimpy They [Iraq} are taking all the right steps in the right direction. Before they used to take two steps forward and like five steps back. It was really disappointing to watch. In 2019 we really thought it was going to happen because they really were chugging along and then all of a sudden it all fell apart. But this is much different ever since Al-Kazemi's been in office...
9-25-2021 Intel Guru Bruce [via WiserNow] There is a contract that is tied to the bond holders and Wells Fargo which is the lead bank – for these exchanges - that allows for notifications for tier 4B – that’s us - tier 4B to go out once those bond holders have been paid out - we are being told that we should receive our notifications and of course our 800 #’s which is part of the notification - emails that are coming from Wells Fargo – all of that is supposed to come out “to us” BEFORE the rally starts on Saturday [a political rally that President Trump will be attending down in Georgia]...The understanding is – I am going to say that when that happens that we will set our appointments – for Saturday and Sunday – and start with those appointments on Monday morning...
9-25-2021 Intel Guru Bruce [via WiserNow] So all of this that we’ve been waiting for a little bit of it had to do still with Iraq – So now that part is clear – good to go – Iraq is free and my personal feeling is we won’t really find out about the rates of the dinar – it won’t be made public maybe until we get started which is right around the corner...Iraq is now a true sovereign nation and they can control their own destiny with their own currency...this is a pivotal weekend... next week is a huge week and we’re setting ourselves up for the rest of our lives – this is it...
9-25-2021 Newshound Guru BobTheTaxMan Ordinary income...I want to show where it's important for you to understand how it's calculated. We have our IQD...it's taxed on a percentage that's based on your marital status or filing status and certain allowable deductions. Under the Biden Administration they want to change it. It'll go up from 39.5% if you make over 400K. That's the big thing they want to make a change to. [NOTE: Everyone has an opinion on how the dinar exchange will or won't be taxed...remember the only opinion that matters is the IRS's - At the appropriate time speak with your tax advisor to build the best tax strategy for your unique circumstances.]
9-25-2021 Guest Guru Wolverine …The Iraqis are trying to post their international rate today...They are working with the IMF and the AIIB to do so. They have the whole afternoon, and then they will lock down the rates that were loaded yesterday...They actually have the PROCEDURES for the RV scheduled, IF there is lockdown on the rates...This is it my friends we are at the last hurdle of this saga after 30 years waiting and so many disappointments that we faced throughout this journey where we thought were at the finish line.
9-25-2021 Intel Guru Frank26 You need to know for how long will this currency coexist and then you can make your calculations of how much you want to exchange and then you can make your calculations of how much of that you want to use now or protect. Biden is talking about, I don't know I think heard wrong, 40%-50% in taxes? Capital gains taxes from, what is it I think, 21% corporate right now to 29% almost 30%... [Note: Speak with your financial advisor at the appropriate time to build a strategy right for your unique circumstances.]
9-25-2021 Newshound Guru Pimpy They [Iraq} are taking all the right steps in the right direction. Before they used to take two steps forward and like five steps back. It was really disappointing to watch. In 2019 we really thought it was going to happen because they really were chugging along and then all of a sudden it all fell apart. But this is much different ever since Al-Kazemi's been in office...
9-25-2021 Intel Guru Bruce [via WiserNow] There is a contract that is tied to the bond holders and Wells Fargo which is the lead bank – for these exchanges - that allows for notifications for tier 4B – that’s us - tier 4B to go out once those bond holders have been paid out - we are being told that we should receive our notifications and of course our 800 #’s which is part of the notification - emails that are coming from Wells Fargo – all of that is supposed to come out “to us” BEFORE the rally starts on Saturday [a political rally that President Trump will be attending down in Georgia]...The understanding is – I am going to say that when that happens that we will set our appointments – for Saturday and Sunday – and start with those appointments on Monday morning...
9-24-2021 *** Dinar Guru 2% Rule Update *** Thanks to Dinar Guru community member SeanJohn we have more information on the 2% rule numbers. The CBI reported August's market rate as 1,475.14. But we still have a problem. We don't have the daily market rate numbers. The CBI may have stopped posting them because they're not needed now but we don't know. On a monthly basis the dinar has been in compliance with the 2% rule since January 2021. But we know they fell out of compliance for a few weeks in May-June (but for the month stayed within compliance). Does the IMF go by monthly or daily numbers? We don't know. Has the CBI dropped the daily numbers for a reason? We don't know. This is something we how to learn shortly...Stay tuned as the gurus chime in on the subject. In the meantime, if you know where to find the CBI's new page for the daily market rate updates please click here and let us know! The latest guru posts will continue below...
9-24-2021 Intel Guru MarkZ [via PDK] I am getting rumors from some redemption center sources that they are tentatively hopeful we will see 800 numbers on Monday based on the progress being made...There really has been good chatter and good news throughout the afternoon...I am taking this as solid news.
9-24-2021 Intel Guru Frank26 What if they show you the new 'samples' [of the new small category notes]? ...you will be inches away from what you want.
9-24-2021 Newshound Guru BobTheTaxMan Estate [taxes] right now it's wonderful. If they leave the stepped up basis alone which it seems to be hinting that they are going to leave it alone then if you're holding IQD in your estate and you pass on and your kids pick up that IQD they can exchange it tax free. However, we don't know for sure that's what's going to happen because this is still in the throes of the government... [NOTE: President Biden plans to dramatically change the tax laws that will impact dinar investors in a big way if/when an RV/RI/Rate change should happen...Dinar Guru will continue to keep abreast of this important information.]
9-24-2021 Intel Guru MarkZ [via PDK] On the RV front…Very little has changed since last night. At this point nothing more that rumors... They did not start processing in Zurich or Asia yet...The chatter on the banking side and the group leaders has been good ...there is still great static about this evening and tomorrow and about how this is our weekend. I hope this is accurate …
9-24-2021 Newshound Guru Desert Advisor 10% of the world's phosphate in Iraq. Huge amounts of it. But it just came out a few days ago Article: "7 billion weighted tons and 2 billion confirmed...Phosphate rocks in Western Iraq are waiting investment" Quote: "The total resources of the Iraqi deposits are estimated at 9.5 billion metric tons." How much is 1 metric ton worth? "$245 to $388 for a metric ton. Let's do some math, if it's around $300 for a metric ton an Iraq has 9 billion of them...you're telling me Iraq has 2 quadrillion dollars worth of phosphate in the ground? That's pretty cool...it's now being attracted for investors. Come mine it. Come get it out of the ground y'all!
9-24-2021 Newshound Guru Pimpy This is my opinion, my opinion only as they continue to rebuild they're going to need a much stronger currency but right now I think what they're trying to do is figure out how to just manage the budget, which they're doing, implement the white paper reforms, all the things that need to be done for them to get on solid ground, which they will, but once that starts to happen and it looks like they're definitely heading in the right direction, they're going to have to change the value of their currency. It has to start increasing in value... I think it's going to go up in increments...quickly over time...
9-24-2021 Intel Guru MarkZ [via PDK] [Is there a time limit to exchange…. Should we hold off exchanging it all at once?] I think that is a bad idea. But you guys have to handle it how you think it’s right for you. ...It’s my understanding from almost all of my banking contacts that this exchange is covered via a treaty and the amounts/rates are covered via a treaty. They are not going to fluctuate or change. So for me, I plan on exchanging it all and getting done…my concern is what if they shut it down after 20 or 30 days or so….I want to be done. [NOTE: At the appropriate time speak with your financial advisors to build a plan for your unique circumstances.]
9-24-2021 Intel Guru Frank26 What if they show you the new 'samples' [of the new small category notes]? ...you will be inches away from what you want.
9-24-2021 Newshound Guru BobTheTaxMan Estate [taxes] right now it's wonderful. If they leave the stepped up basis alone which it seems to be hinting that they are going to leave it alone then if you're holding IQD in your estate and you pass on and your kids pick up that IQD they can exchange it tax free. However, we don't know for sure that's what's going to happen because this is still in the throes of the government... [NOTE: President Biden plans to dramatically change the tax laws that will impact dinar investors in a big way if/when an RV/RI/Rate change should happen...Dinar Guru will continue to keep abreast of this important information.]
9-24-2021 Intel Guru MarkZ [via PDK] On the RV front…Very little has changed since last night. At this point nothing more that rumors... They did not start processing in Zurich or Asia yet...The chatter on the banking side and the group leaders has been good ...there is still great static about this evening and tomorrow and about how this is our weekend. I hope this is accurate …
9-24-2021 Newshound Guru Desert Advisor 10% of the world's phosphate in Iraq. Huge amounts of it. But it just came out a few days ago Article: "7 billion weighted tons and 2 billion confirmed...Phosphate rocks in Western Iraq are waiting investment" Quote: "The total resources of the Iraqi deposits are estimated at 9.5 billion metric tons." How much is 1 metric ton worth? "$245 to $388 for a metric ton. Let's do some math, if it's around $300 for a metric ton an Iraq has 9 billion of them...you're telling me Iraq has 2 quadrillion dollars worth of phosphate in the ground? That's pretty cool...it's now being attracted for investors. Come mine it. Come get it out of the ground y'all!
9-24-2021 Newshound Guru Pimpy This is my opinion, my opinion only as they continue to rebuild they're going to need a much stronger currency but right now I think what they're trying to do is figure out how to just manage the budget, which they're doing, implement the white paper reforms, all the things that need to be done for them to get on solid ground, which they will, but once that starts to happen and it looks like they're definitely heading in the right direction, they're going to have to change the value of their currency. It has to start increasing in value... I think it's going to go up in increments...quickly over time...
9-24-2021 Intel Guru MarkZ [via PDK] [Is there a time limit to exchange…. Should we hold off exchanging it all at once?] I think that is a bad idea. But you guys have to handle it how you think it’s right for you. ...It’s my understanding from almost all of my banking contacts that this exchange is covered via a treaty and the amounts/rates are covered via a treaty. They are not going to fluctuate or change. So for me, I plan on exchanging it all and getting done…my concern is what if they shut it down after 20 or 30 days or so….I want to be done. [NOTE: At the appropriate time speak with your financial advisors to build a plan for your unique circumstances.]
9-23-2021 Intel Guru Fleming Once Iraq makes the announcement of the new Golden Dinar, as international, they have 4 days to get certain things done. It usually takes 3 to 4 days to get all protocols done. This money is in the banks but waits for this announcement and appropriate timing, to be loaded in ATMs. Announcements are expected to be out in the Mosque on Saturday. This Saturday, September 25th is a good day for everyone to see this RV GCR launch begin in earnest. [post 2 of 2]
9-23-2021 Intel Guru Fleming Everybody is zipped up tighter than a drum. No matter. We know everything anyway. Iraq has a new budget to announce. They’ve got a new currency in the bank. All of this is verified from multiple boots on the ground. This announcement is committed before the first of October, which is also the same time to deliver the budget to the Iraqi Nationals. The new Golden Dinar is in the banks and the plan is being cemented by announcements describing this new abundance, roaring from the huge jumbotron monitors in every town square. [post 1 of 2....stay tuned]
9-23-2021 Intel Guru Frank26 Every country has been in Iraq. I'd also like to say every damn central bank on this plant Earth has been in Iraq...
9-23-2021 Newshound Guru BobTheTaxMan You lose more on schedule A. You have a higher tax bracket. If you hit that million mark and particularly the 5 million mark in your exchange they whack the heck out of you. And now plant your butt in California and see what it does. I did a calculation today - 60 some odd percent between the fed and the state. 60%. [Note: At the appropriate time consult your tax professionals to create a tax strategy that's right for your unique circumstances] [Post 2 of 2]
9-23-2021 Newshound Guru BobTheTaxMan [Exchange tax scenario] You've got the IQD in your hot little hand...you run to the bank or an exchange location of some kind. You hand them the IQD, they hand you dollars... Yay hallelujah! You're automatically exposed to ordinary income taxes...if it's under $400,000 it's going to be treated exactly the way it has been under the Trump Administration but when you get over that $400K mark it's a new ballgame. [Post 1 of 2....stay tuned]
9-23-2021 Intel Guru MarkZ [via PDK] ...it has been an exceptionally quiet 18 hours on the RV front. Wish I had more for you but it is just silent and quiet on the RV front...Everyone I talked to are just scratching their heads….noone has any news as we try to figure out where we are at...They still all have expectations and are sitting at the edge of their seats. I tend to think we may be waiting for bombshells to drop tomorrow.
9-23-2021 Newshound Guru Pimpy Article: "In preparation for the upcoming Baghdad conference, the formation of a ministerial committee that includes Iraq, Jordan and France" Looks like Iraq is going to be hosting yet again another type of conference in Baghdad. This is good. They're networking with other nations. This is what you want - to start getting out back on the international scene which is important to strengthen their economy. We know what happens if your economy is strong, well so is your currency...
9-23-2021 Newshound Guru Desert Advisor You probably realize Iraq is still .0006 as an exchange rate compared to the dollar and all the other countries [In the region] so...they need a strong foundation when it comes to their economy and how's that going to happen? First off they need to make sure they they make the right connections. So who are they talking to? Article: "Al-Kazemi's government signs the two largest contracts that will put Iraq in the category of the largest energy sources in the Middle East".
9-23-2021 Intel Guru Fleming Everybody is zipped up tighter than a drum. No matter. We know everything anyway. Iraq has a new budget to announce. They’ve got a new currency in the bank. All of this is verified from multiple boots on the ground. This announcement is committed before the first of October, which is also the same time to deliver the budget to the Iraqi Nationals. The new Golden Dinar is in the banks and the plan is being cemented by announcements describing this new abundance, roaring from the huge jumbotron monitors in every town square. [post 1 of 2....stay tuned]
9-23-2021 Intel Guru Frank26 Every country has been in Iraq. I'd also like to say every damn central bank on this plant Earth has been in Iraq...
9-23-2021 Newshound Guru BobTheTaxMan You lose more on schedule A. You have a higher tax bracket. If you hit that million mark and particularly the 5 million mark in your exchange they whack the heck out of you. And now plant your butt in California and see what it does. I did a calculation today - 60 some odd percent between the fed and the state. 60%. [Note: At the appropriate time consult your tax professionals to create a tax strategy that's right for your unique circumstances] [Post 2 of 2]
9-23-2021 Newshound Guru BobTheTaxMan [Exchange tax scenario] You've got the IQD in your hot little hand...you run to the bank or an exchange location of some kind. You hand them the IQD, they hand you dollars... Yay hallelujah! You're automatically exposed to ordinary income taxes...if it's under $400,000 it's going to be treated exactly the way it has been under the Trump Administration but when you get over that $400K mark it's a new ballgame. [Post 1 of 2....stay tuned]
9-23-2021 Intel Guru MarkZ [via PDK] ...it has been an exceptionally quiet 18 hours on the RV front. Wish I had more for you but it is just silent and quiet on the RV front...Everyone I talked to are just scratching their heads….noone has any news as we try to figure out where we are at...They still all have expectations and are sitting at the edge of their seats. I tend to think we may be waiting for bombshells to drop tomorrow.
9-23-2021 Newshound Guru Pimpy Article: "In preparation for the upcoming Baghdad conference, the formation of a ministerial committee that includes Iraq, Jordan and France" Looks like Iraq is going to be hosting yet again another type of conference in Baghdad. This is good. They're networking with other nations. This is what you want - to start getting out back on the international scene which is important to strengthen their economy. We know what happens if your economy is strong, well so is your currency...
9-23-2021 Newshound Guru Desert Advisor You probably realize Iraq is still .0006 as an exchange rate compared to the dollar and all the other countries [In the region] so...they need a strong foundation when it comes to their economy and how's that going to happen? First off they need to make sure they they make the right connections. So who are they talking to? Article: "Al-Kazemi's government signs the two largest contracts that will put Iraq in the category of the largest energy sources in the Middle East".
9-22-2021 Intel Guru Frank26 Article: "Al-Amiri promises the "Lord of the Land" a promising plan and pledges to end the "occupation of the dinar" Quote "the plan includes the development of the industrial and banking sectors, accompanied by the practical sovereignty of the national product," pledging to "end the external occupation of the Iraqi dinar by certain and specific countries." THE NATIONAL PRODUCT ...IS THE NATION’S CURRENCY...THIS POLITICIAN IS SAYING THE CBI IS NOW IN TOTAL CONTROL OF ITS NATION’S...CURRENCY ...NO ONE OUTSIDE OF IRAQ NO LONGER HAS CONTROL OF THE CBI AND THE IQD!!!
9-22-2021 Newshound Guru BobTheTaxMan ...only cash in just enough to take care of the things you want to get done, to get some professional help and if you're going to buy a home, borrow the money. Borrow it. Believe me the interest rates are a heck of a lot lower than the taxes are by a long shot. And then when you do cash in pay the freaking taxes...Pay those taxes immediately. You don't need to have...the IRS show up. And then what happens? All those things that you bought have to be sold in order to satisfy a tax liability. [Post 2 of 2] [Note: At the appropriate time consult your tax professionals to create a tax strategy that's right for your unique circumstances and consult your financial advisor before making major financial decisions.]
9-22-2021 Newshound Guru BobTheTaxMan Keeping your taxes as low as possible saves you money...Cashing in - my suggestion if you have just a small amount of IQD just cash in enough to meet your goals. You want to reduce those taxes as much as possible. [for example] I'm gonna say $1 just for a number...I think it's gonna be lower than that but for calculation purposes I'm gonna say $1. Lest say it does come at $1 and let's say you've got 2 million IQD. If you run off and cash that in, remember, you bumped over that $400,000 mark, you also got that extra 3% tagged on there and you got the state coming after you as well. You lost. [Post 1 of 2]
9-22-2021 Intel Guru Bruce [via WiserNow] we did hear today from a qualified source that everything is ready to go and it could go at a moment’s notice...this blessing we are waiting for us is upon us – we believe that we will have this in the next couple of days...
9-22-2021 Intel Guru MarkZ [via PDK] ...they still believe they will be starting at any moment and wrapped up, even with all the groups by October first.
9-22-2021 Intel Guru Frank26 There are no 800 numbers, although... wouldn't it be something if the United States Treasury was to put out an 800 number to help you exchange your dinars. If I was the US treasury I would do that, 'Call me Mr. and Mrs dinar holder...I'll tell you what bank to go to.' The U.S. Treasury is going to be so desperate to help Joseph Biden because he's spending money left and right...if you want to exchange in an American bank go for it. In a bank outside of the United States of America, go for it, it's your prerogative. [Note: Consult your tax professional and always pay your taxes.]
9-22-2021 Newshound Guru Pimpy Article: "Vietnam dong seen weakening next year on deficit, FDI-HSBC Vietnam" They think the Vietnam dong next year is going to lose some of its value. Wow. How much? Quote: "Vietnam dong's currency is expected to weaken too 23,000 per U.S. dollar from 22,700 currency..." Vietnam they're slowing down just a little bit...they were doing really good. They were really rocking and rolling but they just had gotten hit by the coronavirus and it looks like the corona is doing the damage that it was doing to the rest of the countries...
9-22-2021 Newshound Guru Kaperoni From time to time people ask me why they just don't float the currency now? Part of the reason is because this is on Iraq's time table...But most importantly, Iraq needs to create the engine to drive the economy forward first and foremost. Once they do they can float the currency and let market forces dictate the rate. That engine is a process of passing laws, creating a suitable business environment, and encouraging a diverse diverse market economy. Be assured everything Iraq is doing is being watched by professional organizations such as the IMF and World Bank.
9-22-2021 Newshound Guru BobTheTaxMan ...only cash in just enough to take care of the things you want to get done, to get some professional help and if you're going to buy a home, borrow the money. Borrow it. Believe me the interest rates are a heck of a lot lower than the taxes are by a long shot. And then when you do cash in pay the freaking taxes...Pay those taxes immediately. You don't need to have...the IRS show up. And then what happens? All those things that you bought have to be sold in order to satisfy a tax liability. [Post 2 of 2] [Note: At the appropriate time consult your tax professionals to create a tax strategy that's right for your unique circumstances and consult your financial advisor before making major financial decisions.]
9-22-2021 Newshound Guru BobTheTaxMan Keeping your taxes as low as possible saves you money...Cashing in - my suggestion if you have just a small amount of IQD just cash in enough to meet your goals. You want to reduce those taxes as much as possible. [for example] I'm gonna say $1 just for a number...I think it's gonna be lower than that but for calculation purposes I'm gonna say $1. Lest say it does come at $1 and let's say you've got 2 million IQD. If you run off and cash that in, remember, you bumped over that $400,000 mark, you also got that extra 3% tagged on there and you got the state coming after you as well. You lost. [Post 1 of 2]
9-22-2021 Intel Guru Bruce [via WiserNow] we did hear today from a qualified source that everything is ready to go and it could go at a moment’s notice...this blessing we are waiting for us is upon us – we believe that we will have this in the next couple of days...
9-22-2021 Intel Guru MarkZ [via PDK] ...they still believe they will be starting at any moment and wrapped up, even with all the groups by October first.
9-22-2021 Intel Guru Frank26 There are no 800 numbers, although... wouldn't it be something if the United States Treasury was to put out an 800 number to help you exchange your dinars. If I was the US treasury I would do that, 'Call me Mr. and Mrs dinar holder...I'll tell you what bank to go to.' The U.S. Treasury is going to be so desperate to help Joseph Biden because he's spending money left and right...if you want to exchange in an American bank go for it. In a bank outside of the United States of America, go for it, it's your prerogative. [Note: Consult your tax professional and always pay your taxes.]
9-22-2021 Newshound Guru Pimpy Article: "Vietnam dong seen weakening next year on deficit, FDI-HSBC Vietnam" They think the Vietnam dong next year is going to lose some of its value. Wow. How much? Quote: "Vietnam dong's currency is expected to weaken too 23,000 per U.S. dollar from 22,700 currency..." Vietnam they're slowing down just a little bit...they were doing really good. They were really rocking and rolling but they just had gotten hit by the coronavirus and it looks like the corona is doing the damage that it was doing to the rest of the countries...
9-22-2021 Newshound Guru Kaperoni From time to time people ask me why they just don't float the currency now? Part of the reason is because this is on Iraq's time table...But most importantly, Iraq needs to create the engine to drive the economy forward first and foremost. Once they do they can float the currency and let market forces dictate the rate. That engine is a process of passing laws, creating a suitable business environment, and encouraging a diverse diverse market economy. Be assured everything Iraq is doing is being watched by professional organizations such as the IMF and World Bank.
9-21-2021 Intel Guru MarkZ [via PDK] They are hearing there is a tremendous amount of pressure to finish everything and they want people in the banks before the end of the month. So it looks like a mad dash and there is something big happening. The news today has been very good. They are expecting something to drop tonight or early tomorrow. We are all at the edge of our seats….hang on...Do I believe we are close? Absolutely.
9-21-2021 Newshound/Intel Guru Mnt Goat Article: "IRAQ AND SAUDI ARABIA DISCUSS STEPS TO ACTIVATE TRADE EXCHANGE THROUGH “ARAR” Good! More customs and tariff fees to collect. It is also a good thing that Iraq break away from trade dependence on Iran. You will see why shortly.
9-21-2021 Intel Guru MarkZ [via PDK] If we roll into tomorrow morning without some solid word…we may be dragging again…but overnight the news was very positive. Most of my contacts feel we will see positive news over the next day or so. Most are looking for news by this evening and I am very hopeful I will have solid news by tonight...
9-21-2021 Intel Guru Frank26 It is extremely close IMO and I think all of you agree with that...I believe that when it goes international it has a chance to be a very very interesting rate.
9-21-2021 Intel Guru MarkZ [via PDK] Overnight last night I did speak with a redemption contact…they are expecting to work this weekend… I take this as fantastic news…they are being told this most likely will not be a fire drill this week. I am hopeful this is finally ‘it”...
9-21-2021 Newshound Guru Pimpy I spoke about this before, I said Iraq didn't just have oil they discovered the second largest gold deposit found in Iraq and no body is mining it right now. The gold is close to the surface of the Earth which makes it real inexpensive to mine. What I'm monitoring is which company wins the opportunity to go into Iraq and start mining for gold because that's one I definitely want to invest in...Investing in Iraq is a good deal.
9-21-2021 Intel Guru Fleming Will there be an End to this Never-Ending Story?...The word is that there is no delay. Today the info received was: This. Has. Started. Three little words that say everything we want to hear, everything we want to see. This (RV) has started which translates to TIER 4 notifications coming our way. ...Three little words to bring joy to our hearts and set our blood to stirring in anticipation of the fulfillment of a lifetime of dreams. Actually many lifetimes of hopes and wishes have been poured into this Grand Event...Now we wait for emails and 800#’s to arrive. Promised to start immediately once Iraq posts their new rate. This, we've heard, will be prior to the end of this month...The world is watching Iraq!... [Note: You can always see the CBI's latest posted official rate in the left column of this page.]
9-21-2021 Newshound/Intel Guru Mnt Goat Article: "IRAQ AND SAUDI ARABIA DISCUSS STEPS TO ACTIVATE TRADE EXCHANGE THROUGH “ARAR” Good! More customs and tariff fees to collect. It is also a good thing that Iraq break away from trade dependence on Iran. You will see why shortly.
9-21-2021 Intel Guru MarkZ [via PDK] If we roll into tomorrow morning without some solid word…we may be dragging again…but overnight the news was very positive. Most of my contacts feel we will see positive news over the next day or so. Most are looking for news by this evening and I am very hopeful I will have solid news by tonight...
9-21-2021 Intel Guru Frank26 It is extremely close IMO and I think all of you agree with that...I believe that when it goes international it has a chance to be a very very interesting rate.
9-21-2021 Intel Guru MarkZ [via PDK] Overnight last night I did speak with a redemption contact…they are expecting to work this weekend… I take this as fantastic news…they are being told this most likely will not be a fire drill this week. I am hopeful this is finally ‘it”...
9-21-2021 Newshound Guru Pimpy I spoke about this before, I said Iraq didn't just have oil they discovered the second largest gold deposit found in Iraq and no body is mining it right now. The gold is close to the surface of the Earth which makes it real inexpensive to mine. What I'm monitoring is which company wins the opportunity to go into Iraq and start mining for gold because that's one I definitely want to invest in...Investing in Iraq is a good deal.
9-21-2021 Intel Guru Fleming Will there be an End to this Never-Ending Story?...The word is that there is no delay. Today the info received was: This. Has. Started. Three little words that say everything we want to hear, everything we want to see. This (RV) has started which translates to TIER 4 notifications coming our way. ...Three little words to bring joy to our hearts and set our blood to stirring in anticipation of the fulfillment of a lifetime of dreams. Actually many lifetimes of hopes and wishes have been poured into this Grand Event...Now we wait for emails and 800#’s to arrive. Promised to start immediately once Iraq posts their new rate. This, we've heard, will be prior to the end of this month...The world is watching Iraq!... [Note: You can always see the CBI's latest posted official rate in the left column of this page.]
9-20-2021 Intel Guru MarkZ [via PDK] In the RV news today was a day of waiting…they are squarely looking at tomorrow. Most of my bankers are looking at late in the day on Tuesday to early in the morning on Wednesday. So nothing has changed on their expected timing... I reached out to some redemption center folks. They are sitting on standby in hopes things get started.
9-20-2021 Newshound/Intel Randy Koonce Check www.cbi.iq every day to see if it has changed...do not take a guru or a post about in country RV or any thing else do not be fooled just check the CBI...Do not let your emotions get to you. Blessings. [NOTE: You can always see the latest official Central Bank of Iraq rate in the left column of this page....]
9-20-2021 Newshound Guru MilitiaMan ...The 2021 Budget Amendments were said to be slated for the 14th of September, though on the 17th they told us they postponed that until today. Today they told us they heard the appeal and will decide on the 23rd...Lets see if we get a surprise and they show just how sovereign they really are prior to the 23rd...
9-20-2021 Intel Guru RayRen98 [if nothing by month end elections looming is it likely we may be looking at 2022...?] ELECTIONS ARE IRRELEVANT.
9-20-2021 Newshound/Intel Randy Koonce Remember when we get this done, to stop and Breathe. Several times. Be wise. Be smart. Do not be rash. Make good decisions. Seek advice. Do not give your dinar to anyone except a bank. Get professional advice. Invest wisely. Learn to say 'No'. This has been a journey none of us ever expected, but we should all be grateful to have been included in it.
9-20-2021 Intel Guru Frank26 the CBI will give the Iraqi citizens all the information about the new exchange rate and the new small category notes and IMO this would happen probably within 2 weeks.
9-20-2021 Newshound Guru MilitiaMan ...From the amount of convergences we see...the timing is clearly in our favor for an exchange rate change. ...They are openly talking about digitization and with currencies being apart of the future outlook and much more...the new economic environment is ripe to grow and big time! ...The environment will need the exchange rate to be with out occupation. As, in not at a program rate...They even told us that it is inevitable and that they already have it in the cards to evaluate oil pricing in Dinar. A digital transformation that will be global is fully underway and cannot stop, imo...They are going to end the occupation of the DINAR and that means they are to have practical sovereignty over their national product, their currency!!!...
9-20-2021 Newshound/Intel Randy Koonce Check www.cbi.iq every day to see if it has changed...do not take a guru or a post about in country RV or any thing else do not be fooled just check the CBI...Do not let your emotions get to you. Blessings. [NOTE: You can always see the latest official Central Bank of Iraq rate in the left column of this page....]
9-20-2021 Newshound Guru MilitiaMan ...The 2021 Budget Amendments were said to be slated for the 14th of September, though on the 17th they told us they postponed that until today. Today they told us they heard the appeal and will decide on the 23rd...Lets see if we get a surprise and they show just how sovereign they really are prior to the 23rd...
9-20-2021 Intel Guru RayRen98 [if nothing by month end elections looming is it likely we may be looking at 2022...?] ELECTIONS ARE IRRELEVANT.
9-20-2021 Newshound/Intel Randy Koonce Remember when we get this done, to stop and Breathe. Several times. Be wise. Be smart. Do not be rash. Make good decisions. Seek advice. Do not give your dinar to anyone except a bank. Get professional advice. Invest wisely. Learn to say 'No'. This has been a journey none of us ever expected, but we should all be grateful to have been included in it.
9-20-2021 Intel Guru Frank26 the CBI will give the Iraqi citizens all the information about the new exchange rate and the new small category notes and IMO this would happen probably within 2 weeks.
9-20-2021 Newshound Guru MilitiaMan ...From the amount of convergences we see...the timing is clearly in our favor for an exchange rate change. ...They are openly talking about digitization and with currencies being apart of the future outlook and much more...the new economic environment is ripe to grow and big time! ...The environment will need the exchange rate to be with out occupation. As, in not at a program rate...They even told us that it is inevitable and that they already have it in the cards to evaluate oil pricing in Dinar. A digital transformation that will be global is fully underway and cannot stop, imo...They are going to end the occupation of the DINAR and that means they are to have practical sovereignty over their national product, their currency!!!...
9-19-2021 Intel Guru Bruce ...You’re not going to get absolute confirmation from anybody – they don’t want us to know that – and so we don’t know that – we speculate a little bit based on the intel that we do get...
9-19-2021 Newshound/Intel Guru RVAlready I do not think this is being held up on purpose. This gets only one shot. Financial preparation, logistical preparation, and security preparation must all be made ready. I’m hoping we see this as soon as possible. I am expecting this before Oct 1.
9-19-2021 Newshound Guru Kaperoni Photo shows construction of new CBI building in Baghdad...
9-19-2021 Newshound/Intel Guru RVAlready I do not think this is being held up on purpose. This gets only one shot. Financial preparation, logistical preparation, and security preparation must all be made ready. I’m hoping we see this as soon as possible. I am expecting this before Oct 1.
9-19-2021 Newshound Guru Kaperoni Photo shows construction of new CBI building in Baghdad...
Near Completed New Central Bank of Iraq Building
9-19-2021 Newshound/Intel Gurus Walkingstick and Frank26 It is possible within the next 2 weeks or whatever that time frame is when it eventually gets here, it is possible that the CBI is going to take the 'sheets' [dinar samples] and they're going to say, 'Citizens come here get into the banks, look at this...this is your new currency coming to you.' They may show the citizens the new small category notes and not release the exchange rate at that moment. The show is not the same as releasing...
9-19-2021 Newshound/Intel Randy Koonce How are you makin it? ...It looks like there is a really good window open now through the end of September. It appears that the Biden administration has gone back and endorsed the Obama era numbers; so even tho your money will be coming out over $1.00 - it will not be much over the $1.00. The good thing is that the Biden group wants it out, and all the parties seem to have agreed. I do not have an exact day but, it looks good from now till the end of Sept...
9-19-2021 Newshound Guru Pimpy We're starting to see all kinds of agreement and projects starting...as long as I've been doing this I don't remember this many articles. It seems like every day now you're seeing new agreements, new companies coming in, outside investors. No doubt about it the economy is starting to open up. This is really good so I'm really happy for the people in Iraq...
9-19-2021 Intel Guru Frank26 On December the 20th we really sincerely thought because 5 days prior to that on December 15th we have the article where it was said very plainly by the IMF Iraq is in the process of adding value to their currency before the end of the year. It did not happen. Instead the CBI asked the IMF can we lower the value even more? What for? ...we can pay our debt at a lesser cost for us. IMF said brilliant, go for it, you've got 6 months. And they did. When those 6 months ended June 20th, what happens? Oh my goodness gracious every day article after article...hundreds of them all for the last 2 months talking about, 'we're going to raise the value of our currency. We're going to introduce a new small category note for you...by the way we're going to float our currency internationally'...
9-19-2021 Intel Guru Bruce [via WiserNow] We do know that the rates for the currencies...are locked on the screens...we have a solid rate for Dong we do not know what the rate is for the Dinar now but we’ve heard some things in the past what Dr Shabbibi believed the Dinar could support and I think that’s probably still going to be the case – so called front screen rate...
9-18-2021 Newshound Guru Pimpy ...Monetary Fund Recovery Conference - I was curious to see what the outcome is. I'll find out more about it and share it with you when I can. That's where my focus has been...things are looking good. Business continues to grow there internationally. Things in Iraq are starting to look good. They're staring to really get out there more on an international scene. We got a lot of companies coming in. They're rebuilding. It's looking really good. I know we're all waiting to hear about the 2022 budget so let's keep our fingers crossed and see what happens...
9-18-2021 Dinar Guru Member Helpful Joe The first thing you do is give the special person in your life a big ole smacker and smile big! Next thing is you calm yourself down, take some breaths and make a short term and long term plan/strategy. That includes speaking with a couple of financial advisors about your specific circumstances and consider taxes. We have a big community here, so there will be lots of exchange experiences to share...you'll get the good, the bad and the ugly and I'm sure the gurus will have information to share about best practices and worst practices. You're in the right place here at Dinar Guru . [Post 2 of 2]
9-18-2021 Dinar Guru Member Helpful Joe Question "How will I know for sure if the rv happens? And if it does happen, what's the first thing I do?" Great question! Either you'll get an email from me, see the change clearly displayed on the http://www.DinarGuru.com homepage, or if you're super early and one of the absolute first to know, you can see the CBI official rate on the left side of http://www.DinarGuru.com home page in it's normal spot in the left side of the page. [Post 1 of 2....stay tuned]
9-18-2021 Newshound Guru Kaperoni ...There have been several articles that says they will be lucky if they ever pass it [The 2022 budget] within the next 12 to 16 months...
9-18-2021 Newshound/Intel Guru Walkingstick [via Frank26] ...Iraq's oil will always be sold internationally with American dollars but what has changed is that internally Iraq can sell its oil in Iraqi dinar and no longer in American dollar...This is huge for the monetary reform...
9-18-2021 Intel Guru Fleming ...We have heard that Iraq has revalued, creating the Golden Dinar bringing peace to the Middle East. IRAQ has their lower denominations in the bank. These lower denoms are NOT in ATM machines, “not until they have REVALUED.” Although the IMF wanted IRAQ to revalue on the 22nd, the Iraq Financial Leadership refused this deadline and told the IMF, “before the end of the month we will revalue.”...
9-18-2021 Intel Guru MarkZ [via PDK] What we do know from overnight is they were attempting to do 2 very large traunches in Reno. These were hundreds of Millions of dollars. They were slated for 2 different time slots. I have gotten this from a couple of my people but also from 2 other sources as well. They were pushing forward to test those…prime the pump…test the system to make sure its ready for the whole release.
9-18-2021 Intel Guru Frank26 Article: "Economist: Compensation for the loss of cash reserves must be met with a decrease in the dollar" Wow I agree. You need to increase the exchange rate of the Iraqi dinar and decrease the exchange rate of the dollar against the dinar. Bravo...
9-18-2021 Newshound/Intel Guru RVAlready ...the banks were told by Iraq that the RV will happen by the end of the month!!! This is great news.
9-18-2021 Newshound/Intel Guru Mnt Goat I encourage you hold on to the Iraq dinar because we see more positive signs of conducting the Project To Delete The Zeros than ever before since 2012. We have all come a long way and so why give up now.
9-18-2021 Intel Guru MarkZ [via PDK] On the RV front there has been a lot of back and forth... My folks are not looking at this weekend now but looking squarely at Tuesday…We have not yet seen a change of rates around the globe…but I am feeling very confident that we are in the “Weeeeeee” days or hours of this thing….
9-18-2021 Intel Guru Bruce [via WiserNow] ...we have information from 2 completely different separate sources - that are talking about our notifications and the subsequent start of our exchanges to take place over the next 4 days – which would be Fri / Sat / Sun / Mon – and we have some information that says this should have all occurred before Monday which is the 20th...I feel good about it...it’s very positive...
9-18-2021 Dinar Guru Member Helpful Joe The first thing you do is give the special person in your life a big ole smacker and smile big! Next thing is you calm yourself down, take some breaths and make a short term and long term plan/strategy. That includes speaking with a couple of financial advisors about your specific circumstances and consider taxes. We have a big community here, so there will be lots of exchange experiences to share...you'll get the good, the bad and the ugly and I'm sure the gurus will have information to share about best practices and worst practices. You're in the right place here at Dinar Guru . [Post 2 of 2]
9-18-2021 Dinar Guru Member Helpful Joe Question "How will I know for sure if the rv happens? And if it does happen, what's the first thing I do?" Great question! Either you'll get an email from me, see the change clearly displayed on the http://www.DinarGuru.com homepage, or if you're super early and one of the absolute first to know, you can see the CBI official rate on the left side of http://www.DinarGuru.com home page in it's normal spot in the left side of the page. [Post 1 of 2....stay tuned]
9-18-2021 Newshound Guru Kaperoni ...There have been several articles that says they will be lucky if they ever pass it [The 2022 budget] within the next 12 to 16 months...
9-18-2021 Newshound/Intel Guru Walkingstick [via Frank26] ...Iraq's oil will always be sold internationally with American dollars but what has changed is that internally Iraq can sell its oil in Iraqi dinar and no longer in American dollar...This is huge for the monetary reform...
9-18-2021 Intel Guru Fleming ...We have heard that Iraq has revalued, creating the Golden Dinar bringing peace to the Middle East. IRAQ has their lower denominations in the bank. These lower denoms are NOT in ATM machines, “not until they have REVALUED.” Although the IMF wanted IRAQ to revalue on the 22nd, the Iraq Financial Leadership refused this deadline and told the IMF, “before the end of the month we will revalue.”...
9-18-2021 Intel Guru MarkZ [via PDK] What we do know from overnight is they were attempting to do 2 very large traunches in Reno. These were hundreds of Millions of dollars. They were slated for 2 different time slots. I have gotten this from a couple of my people but also from 2 other sources as well. They were pushing forward to test those…prime the pump…test the system to make sure its ready for the whole release.
9-18-2021 Intel Guru Frank26 Article: "Economist: Compensation for the loss of cash reserves must be met with a decrease in the dollar" Wow I agree. You need to increase the exchange rate of the Iraqi dinar and decrease the exchange rate of the dollar against the dinar. Bravo...
9-18-2021 Newshound/Intel Guru RVAlready ...the banks were told by Iraq that the RV will happen by the end of the month!!! This is great news.
9-18-2021 Newshound/Intel Guru Mnt Goat I encourage you hold on to the Iraq dinar because we see more positive signs of conducting the Project To Delete The Zeros than ever before since 2012. We have all come a long way and so why give up now.
9-18-2021 Intel Guru MarkZ [via PDK] On the RV front there has been a lot of back and forth... My folks are not looking at this weekend now but looking squarely at Tuesday…We have not yet seen a change of rates around the globe…but I am feeling very confident that we are in the “Weeeeeee” days or hours of this thing….
9-18-2021 Intel Guru Bruce [via WiserNow] ...we have information from 2 completely different separate sources - that are talking about our notifications and the subsequent start of our exchanges to take place over the next 4 days – which would be Fri / Sat / Sun / Mon – and we have some information that says this should have all occurred before Monday which is the 20th...I feel good about it...it’s very positive...
9-17-2021 Intel Guru MarkZ [via PDK] [do you know the rates for the dong, dinar...?] They have not changed in a long time...I am still hearing the low $2 range for dong. I am still hearing $7 or $8 dollars for the dinar…this is what I am hearing. Hopefully this would be accurate.
9-17-2021 Intel Guru Bruce [via WiserNow] ...on Tuesday night...over night...there was 3 major tranches that came in and were distributed – I am thinking they did come in to the Treasury and were distributed the next day to member banks – primarily to tier 1 banks...it was a HUGE HUGE tranche – times 3 – that was there to back up the funds that we needed for...our exchanges...this is sort of the icing on the cake...and then Wednesday they distributed it and spread that money around to the member banks – so they could be ready for us...
9-17-2021 Newshound/Intel Gurus Walkingstick & Frank26 We do not believe at all that this is going to go until the end of the year. It may be settled by introducing the new small category notes and exchange rate at the same time or it may be settled by introducing the notes first followed by the exchange rate very shortly after that...these are the days of the monetary reforms final [musical] notes for the new small category notes. It will be a beautiful note that last sound...
9-17-2021 Intel Guru MarkZ [via PDK] On the banking side my redemption center folks still think the 22nd is in the targets…Before then or on then. We are going to watch how this plays out.
9-17-2021 Newshound/Intel Guru Mnt Goat As far as other countries outside of the US it is up to the Central Bank of Iraq (CBI) to decide what they can and can not do. So this part may be legal as they can payout to employees of contractors using debit cards whatever rate they negotiate for their work. In practical however, to keep the rate stable you would think the CBI would not do this in the middle east unless the new rate of $6.00+ is very close at hand and close to reinstatement on FOREX too. So this is good news for us. [post 2 of 2]
9-17-2021 Newshound/Intel Guru Mnt Goat ...we are hearing that in Turkey, Jordan and even in the US many people are using debit cards with a rate of $6.00+ on them. Is this all legal? I will answer this question with one word…. NO! Unless the dinar is reinstated no one in the US can exchange due to OFAC sanctions placed on the Iraqi dinar currency. Banks are not legally allowed to exchange dinar at the future rate projected rate they plan to initially show it at. [post 1 of 2....stay tuned]
9-17-2021 Intel Guru Frank26 All these countries/companies pouring into Iraq know they are Article VIII, they know they have security and stability, they know Kazemi is in charge, they know they want to pour in because Iraq is an investment. The ROI is insane. Iraq is worthy. And Allawi, one of the cabinet members under Kazemi, is telling the citizens of Iraq, 'Hey, it's time for a change in our exchange rate. It's also time for a change in our currency. We're going to become leaders in the Middle East.' Daaannng!
9-17-2021 Newshound/Intel Guru Petra Their digital environment is not only ready and tested, it's sound and based on International standards. That's critical. It's ready to interact with the world to bring Iraq into the 21 Century. Banks are ready for the citizens...
9-17-2021 Intel Guru Bruce So I think everything – don’t want to say everything is ready but “appears” – as one of our bankers said – in his opinion – everything was ready – Is there still clean up? Yes – ongoing – quite a bit of it – continues to go – I am excited about where we are – I wish I could tell you the “when” and you know they don’t want me to know that or you or anybody else until it is time to go – Keep your eyes open between tomorrow and the weekend – because things are coming together...
9-17-2021 Intel Guru Bruce [via WiserNow] ...on Tuesday night...over night...there was 3 major tranches that came in and were distributed – I am thinking they did come in to the Treasury and were distributed the next day to member banks – primarily to tier 1 banks...it was a HUGE HUGE tranche – times 3 – that was there to back up the funds that we needed for...our exchanges...this is sort of the icing on the cake...and then Wednesday they distributed it and spread that money around to the member banks – so they could be ready for us...
9-17-2021 Newshound/Intel Gurus Walkingstick & Frank26 We do not believe at all that this is going to go until the end of the year. It may be settled by introducing the new small category notes and exchange rate at the same time or it may be settled by introducing the notes first followed by the exchange rate very shortly after that...these are the days of the monetary reforms final [musical] notes for the new small category notes. It will be a beautiful note that last sound...
9-17-2021 Intel Guru MarkZ [via PDK] On the banking side my redemption center folks still think the 22nd is in the targets…Before then or on then. We are going to watch how this plays out.
9-17-2021 Newshound/Intel Guru Mnt Goat As far as other countries outside of the US it is up to the Central Bank of Iraq (CBI) to decide what they can and can not do. So this part may be legal as they can payout to employees of contractors using debit cards whatever rate they negotiate for their work. In practical however, to keep the rate stable you would think the CBI would not do this in the middle east unless the new rate of $6.00+ is very close at hand and close to reinstatement on FOREX too. So this is good news for us. [post 2 of 2]
9-17-2021 Newshound/Intel Guru Mnt Goat ...we are hearing that in Turkey, Jordan and even in the US many people are using debit cards with a rate of $6.00+ on them. Is this all legal? I will answer this question with one word…. NO! Unless the dinar is reinstated no one in the US can exchange due to OFAC sanctions placed on the Iraqi dinar currency. Banks are not legally allowed to exchange dinar at the future rate projected rate they plan to initially show it at. [post 1 of 2....stay tuned]
9-17-2021 Intel Guru Frank26 All these countries/companies pouring into Iraq know they are Article VIII, they know they have security and stability, they know Kazemi is in charge, they know they want to pour in because Iraq is an investment. The ROI is insane. Iraq is worthy. And Allawi, one of the cabinet members under Kazemi, is telling the citizens of Iraq, 'Hey, it's time for a change in our exchange rate. It's also time for a change in our currency. We're going to become leaders in the Middle East.' Daaannng!
9-17-2021 Newshound/Intel Guru Petra Their digital environment is not only ready and tested, it's sound and based on International standards. That's critical. It's ready to interact with the world to bring Iraq into the 21 Century. Banks are ready for the citizens...
9-17-2021 Intel Guru Bruce So I think everything – don’t want to say everything is ready but “appears” – as one of our bankers said – in his opinion – everything was ready – Is there still clean up? Yes – ongoing – quite a bit of it – continues to go – I am excited about where we are – I wish I could tell you the “when” and you know they don’t want me to know that or you or anybody else until it is time to go – Keep your eyes open between tomorrow and the weekend – because things are coming together...
9-16-2021 Intel Guru Frank26 Iraq is paying its bills in its own currency. That in itself is an indicator of a change in their monetary reform. A change in their currency. A change in their exchange rate. A change in their banking structure. Iraq is paying all of its debt in Iraqi dinars...I believe they're doing it on a second set of books...They're selling their oil in Iraqi dinars. Do you understand the power of that? A change in their monetary reform has occurred...
9-16-2021 Intel Guru MarkZ [via PDK] Rates are continuing to pop in and pop out on bank screens. Some of these currencies are not normally seen on bank screens …so when the Iraqi Dinar pops up- it means something.
9-16-2021 Newshound Guru Kaperoni ...Iraq is going to Buy and sell oil in dinars based on a new exchange rate...That could never happen because OPEC petrodollar is the US Dollar. [Reference Guru Frank26 post 9-15-2021 below...]
9-16-2021 Intel Guru Bruce So where we are is – we do believe things are happening this week for us – I don’t know if it’s going to be tomorrow / Thurs / Fri / maybe even Sat – BUT – we do believe we’re hearing that everything is ready – everything is set up – we don’t know what the rates are but we know the currencies all 27 – are on the bank screens and actively loaded – locked in – as of yesterday – morning –
9-16-2021 Intel Guru MarkZ [via PDK] Not a whole lot on the RV front…I was really expecting fantastic news by this morning. Money is still being seen but is being held up. It is not being released to us at the lower levels.
9-16-2021 Newshound/Intel Guru Petra International markets are ready...Who hasn't been to Iraq over the last 6 months? ...basically every major player in the world has been in Iraq. And for what reason? They all have Memorandums of Understands, some have gone into formal contracting...everything is coming to a head...
9-16-2021 Newshound Guru Militiaman Washington was here [Iraq] Thursday/Friday...they came in and did their thing. Then Saudi Arabia did. Then to Iran...I pray we're at the crossroads that we've all been waiting for. It sure looks promising.
9-16-2021 Intel Guru Frank26 Did you notice that Kazemi went to Iran? He went to Iran with authority. He went to Iran with sovereignty. He went to Iran with control. He went to Iran with security and stability. Iran did not come and steal from Iraq...the clone of Donald Trump, Kazemi, went to Iran with sovereignty, control, security and stability and told them we will work with you. We want to work with everyone. But if you dare to mess around it's going to cost you big time.
9-16-2021 Intel Guru MarkZ [via PDK] Rates are continuing to pop in and pop out on bank screens. Some of these currencies are not normally seen on bank screens …so when the Iraqi Dinar pops up- it means something.
9-16-2021 Newshound Guru Kaperoni ...Iraq is going to Buy and sell oil in dinars based on a new exchange rate...That could never happen because OPEC petrodollar is the US Dollar. [Reference Guru Frank26 post 9-15-2021 below...]
9-16-2021 Intel Guru Bruce So where we are is – we do believe things are happening this week for us – I don’t know if it’s going to be tomorrow / Thurs / Fri / maybe even Sat – BUT – we do believe we’re hearing that everything is ready – everything is set up – we don’t know what the rates are but we know the currencies all 27 – are on the bank screens and actively loaded – locked in – as of yesterday – morning –
9-16-2021 Intel Guru MarkZ [via PDK] Not a whole lot on the RV front…I was really expecting fantastic news by this morning. Money is still being seen but is being held up. It is not being released to us at the lower levels.
9-16-2021 Newshound/Intel Guru Petra International markets are ready...Who hasn't been to Iraq over the last 6 months? ...basically every major player in the world has been in Iraq. And for what reason? They all have Memorandums of Understands, some have gone into formal contracting...everything is coming to a head...
9-16-2021 Newshound Guru Militiaman Washington was here [Iraq] Thursday/Friday...they came in and did their thing. Then Saudi Arabia did. Then to Iran...I pray we're at the crossroads that we've all been waiting for. It sure looks promising.
9-16-2021 Intel Guru Frank26 Did you notice that Kazemi went to Iran? He went to Iran with authority. He went to Iran with sovereignty. He went to Iran with control. He went to Iran with security and stability. Iran did not come and steal from Iraq...the clone of Donald Trump, Kazemi, went to Iran with sovereignty, control, security and stability and told them we will work with you. We want to work with everyone. But if you dare to mess around it's going to cost you big time.
9-15-2021 Intel Guru Bruce We are getting some limited information from a few bankers – most of which is pointing towards notifications tomorrow (Wed) and the possibility of going Wed or Thurs – for appointments...We have heard some people believe that we will be going between tomorrow and Saturday - there’s a 4 day span that may end up happening...tomorrow is supposed to be a BIG DAY – for the RV...
9-15-2021 Intel Guru MarkZ [via PDK] [Mark are we going to RV this month? September? Member Comment: He said this morning he thinks it will happen in September.] I really hope we have solid news by tomorrow morning on the RV front.
9-15-2021 Newshound/Intel Guru Petra On Saturday Kazemi calls an extraordinary meeting of the Council of Ministers. We believe they passed that budget [2022] at the Council of Ministers meeting on that Saturday...last week we had the US/Washington was there on Thursday and then on Saturday King Abdulaziz of Saudi Arabia himself showed up in Iraq . Why in the world would the King of Saudi Arabia show up in Iraq ?
9-15-2021 Intel Guru Frank26 [Firefly Boots-on-the-ground Iraqi TV Report] FIREFLY: Kazemi is on the news right now...he's saying attention and all resources are on the elections. And once these elections are completed and the new government is in place with the laws that we passed and the new budget it is at that point that we can address in the upcoming new year the exchange rate of our currency. FRANK: ...A new exchange rate is coming with a new currency.
9-15-2021 Intel Guru Bruce ...We have not yet received our notifications. We know that there are some very positive things going on sort of behind the scenes...Tomorrow (Wed) a full day full staffing – starting 9 AM – going all evening – available – that is what is scheduled – doesn’t mean that schedule couldn’t change – sometimes they do – but I believe that for the first time in a few days anyway – that is a positive sign...tomorrow is supposed to be a BIG DAY...
9-15-2021 Intel Guru MarkZ [via PDK] There is a lot of quiet so far but still lots of anticipation as we watch the clock...There is still a lot of good chatter….I am tentatively excited….but we have been here before…we watch things play out over the next 12-24 hours…Hopefully this one is “it”.
9-15-2021 Newshound Guru Militiaman they've been doing preparations for more than a few months...the whole process has been underway under our noses...it's had some stops and starts but at this stage in the game we've gotten to a certain point...of digital transformation...we know the world banking institutions are fully aware...if you stop and look at a lot of the articles on mainstream media they're talking about digital transformation, the US treasury is talking about digital transformation, the whole roadmap from Kazemi is about digital transformation...in other words we've got you ready, the banks are already, we're here and now we're going to show you what we have specifically ready for you. Yes, I think the banks are completely 100% ready to finish this process and keep moving forward...
9-15-2021 Newshound/Intel Guru Mnt Goat 1. limit the huge demand for hard currency with the aim of stabilizing the price and reducing it to less than the official rate... 2. Need to control currency smuggling, and this matter needs great capabilities: We all know the culprit here is the currency auctions... 3. Iraq needs time until the government controls the payment of its debts and the monetary reserve remains at the internationally accepted limits ...they are all interconnected and are already in motion now since December 2020...So, this stuff is...happening right now and has been ongoing. What we don’t know is where do they stand right now? [post 2 of 2]
9-15-2021 Newshound/Intel Guru Mnt Goat Article: "HOW IS THE EXCHANGE RATE STABLE?" ...they are clearly talking about a pathway to returning the dinar to its glory days prior to the 1990’s invasion and NOT just pre- December 2020 devaluation rate. We all should be very happy as they are showing us the principals involved and how they plan to get there. Remember these items are all also in the White Paper...they are telling us “regarding the return of the official price to its previous era” that there are three things now in the way holding up the return of the dinar... [post 1 of 2....stay tuned]
9-15-2021 Intel Guru Frank26 Your [Iraqi citizens'] government is now buying and selling your oil in Iraqi dinars based on an RV calculation that was done many years ago...they took it all the way up to $125 [Dinars?] a barrel...Buying and selling with the Iraqi dinar. No longer with the American dollar. This is huge. This is a huge step in your monetary reform. Hoo Rah !!!
9-15-2021 Intel Guru MarkZ [via PDK] [Mark are we going to RV this month? September? Member Comment: He said this morning he thinks it will happen in September.] I really hope we have solid news by tomorrow morning on the RV front.
9-15-2021 Newshound/Intel Guru Petra On Saturday Kazemi calls an extraordinary meeting of the Council of Ministers. We believe they passed that budget [2022] at the Council of Ministers meeting on that Saturday...last week we had the US/Washington was there on Thursday and then on Saturday King Abdulaziz of Saudi Arabia himself showed up in Iraq . Why in the world would the King of Saudi Arabia show up in Iraq ?
9-15-2021 Intel Guru Frank26 [Firefly Boots-on-the-ground Iraqi TV Report] FIREFLY: Kazemi is on the news right now...he's saying attention and all resources are on the elections. And once these elections are completed and the new government is in place with the laws that we passed and the new budget it is at that point that we can address in the upcoming new year the exchange rate of our currency. FRANK: ...A new exchange rate is coming with a new currency.
9-15-2021 Intel Guru Bruce ...We have not yet received our notifications. We know that there are some very positive things going on sort of behind the scenes...Tomorrow (Wed) a full day full staffing – starting 9 AM – going all evening – available – that is what is scheduled – doesn’t mean that schedule couldn’t change – sometimes they do – but I believe that for the first time in a few days anyway – that is a positive sign...tomorrow is supposed to be a BIG DAY...
9-15-2021 Intel Guru MarkZ [via PDK] There is a lot of quiet so far but still lots of anticipation as we watch the clock...There is still a lot of good chatter….I am tentatively excited….but we have been here before…we watch things play out over the next 12-24 hours…Hopefully this one is “it”.
9-15-2021 Newshound Guru Militiaman they've been doing preparations for more than a few months...the whole process has been underway under our noses...it's had some stops and starts but at this stage in the game we've gotten to a certain point...of digital transformation...we know the world banking institutions are fully aware...if you stop and look at a lot of the articles on mainstream media they're talking about digital transformation, the US treasury is talking about digital transformation, the whole roadmap from Kazemi is about digital transformation...in other words we've got you ready, the banks are already, we're here and now we're going to show you what we have specifically ready for you. Yes, I think the banks are completely 100% ready to finish this process and keep moving forward...
9-15-2021 Newshound/Intel Guru Mnt Goat 1. limit the huge demand for hard currency with the aim of stabilizing the price and reducing it to less than the official rate... 2. Need to control currency smuggling, and this matter needs great capabilities: We all know the culprit here is the currency auctions... 3. Iraq needs time until the government controls the payment of its debts and the monetary reserve remains at the internationally accepted limits ...they are all interconnected and are already in motion now since December 2020...So, this stuff is...happening right now and has been ongoing. What we don’t know is where do they stand right now? [post 2 of 2]
9-15-2021 Newshound/Intel Guru Mnt Goat Article: "HOW IS THE EXCHANGE RATE STABLE?" ...they are clearly talking about a pathway to returning the dinar to its glory days prior to the 1990’s invasion and NOT just pre- December 2020 devaluation rate. We all should be very happy as they are showing us the principals involved and how they plan to get there. Remember these items are all also in the White Paper...they are telling us “regarding the return of the official price to its previous era” that there are three things now in the way holding up the return of the dinar... [post 1 of 2....stay tuned]
9-15-2021 Intel Guru Frank26 Your [Iraqi citizens'] government is now buying and selling your oil in Iraqi dinars based on an RV calculation that was done many years ago...they took it all the way up to $125 [Dinars?] a barrel...Buying and selling with the Iraqi dinar. No longer with the American dollar. This is huge. This is a huge step in your monetary reform. Hoo Rah !!!
9-14-2021 Intel Guru MarkZ [via PDK] Big anticipation and excitement for the next 24/36 hours. We are seeing things positioned. Rates are bouncing around on screens again. The rates are all over the board…could be they are trying to throw us off…or are they testing the system. Things are getting exciting again. Hopefully we are about to see something fantastic. ...Intel and emails are coming at me full tilt right now. We have a lot of excitement going in to tomorrow. I will be staying close to my computer for the next couple days.
9-14-2021 Newshound Guru Pimpy Everybody's talking about, 'hey there's a new dinar, a new crypto dinar that's out over there in Iraq.' That's the new rumor that's going around. It's not new you guys. There's all kinds of tokenized dinar. You guys just didn't know about it. It's been around for a while...cryptocurrencies for the dinar have been around for a while now. They're backed by gold. I do like that.
9-14-2021 Newshound Guru MilitiaMan [Kazemi]...what did he do? He showed them the money. How did he show the money? He told you... we're going to value our oil in dinar at 45 dinar to a barrel. It's basic. It's that simple. He did it...Who did he do it with? He did it with the King [of Saudi Arabia], who is the head of what? One of the head honchos of OPEC...this is really powerful stuff. It's effectively going to be a global situation. It's not going to be just about Iraq anymore...all boats rise with the tide and here we are...
9-14-2021 Newshound/Intel Guru Petra What happened last week with the oil money. Everybody know about the Petrodollar [Oil based on the US dollar]...they announced they had calculated the oil revenue in dinars. That was huge. That is an indication that they had de-pegged from the U.S. dollar. The fact that they calculated the rate...is very very exciting. I think that's a major major move last week.
9-14-2021 Intel Guru MarkZ [via PDK] Well great expectations for later today… Wednesday...notifications for us to begin…Is this going to happen? We don’t know. ...We are seeing plenty of smoke and are looking to see the fire.
9-14-2021 Newshound/Intel Gurus Walkingstick & Frank26 IOO the meetings that have been occurring with the central bank of Iraq and all the central banks around the world on a daily basis but recently apexed at a summit conference in Baghdad...every central bank on this planet Earth has come to Iraq. This is the process...the last meeting they had just a few days ago...the scuttlebutt that was conversed at this meeting is that within the next two weeks the CBI will be introducing all the information on the new small category notes and the new exchange rate for the Iraqi dinar...the fact that the two witnesses [Kazemi and Mustafa, the CBI governor] are talking directly and seriously about introducing a new exchange rate and new small category notes is encouraging. It's positive. It's awesome. It's exciting. It's a fact because it's from them and it's in print now.
9-14-2021 Intel Guru Fleming Late Monday RV Report: The push is on for Tier 4... Value day is every single day that this RV is attempted, and as although the RV has not begun the rates remain locked in. Just as Tier 4 are locked in...Rates for the currencies we’re expecting, are locked in now. Last week, Iraqi Key Card holders for instance, received a letter and a new Debit card that can be used at any ATM machine, explaining to them about the Golden Dinar, and that it would be paying out no less than $3.90 and as high as $4.05 USD...The currencies will flip to their Golden state. Currencies will flip all over the world, possibly while we’re sleeping. Expect this every minute, every day.
9-14-2021 Newshound Guru Pimpy Everybody's talking about, 'hey there's a new dinar, a new crypto dinar that's out over there in Iraq.' That's the new rumor that's going around. It's not new you guys. There's all kinds of tokenized dinar. You guys just didn't know about it. It's been around for a while...cryptocurrencies for the dinar have been around for a while now. They're backed by gold. I do like that.
9-14-2021 Newshound Guru MilitiaMan [Kazemi]...what did he do? He showed them the money. How did he show the money? He told you... we're going to value our oil in dinar at 45 dinar to a barrel. It's basic. It's that simple. He did it...Who did he do it with? He did it with the King [of Saudi Arabia], who is the head of what? One of the head honchos of OPEC...this is really powerful stuff. It's effectively going to be a global situation. It's not going to be just about Iraq anymore...all boats rise with the tide and here we are...
9-14-2021 Newshound/Intel Guru Petra What happened last week with the oil money. Everybody know about the Petrodollar [Oil based on the US dollar]...they announced they had calculated the oil revenue in dinars. That was huge. That is an indication that they had de-pegged from the U.S. dollar. The fact that they calculated the rate...is very very exciting. I think that's a major major move last week.
9-14-2021 Intel Guru MarkZ [via PDK] Well great expectations for later today… Wednesday...notifications for us to begin…Is this going to happen? We don’t know. ...We are seeing plenty of smoke and are looking to see the fire.
9-14-2021 Newshound/Intel Gurus Walkingstick & Frank26 IOO the meetings that have been occurring with the central bank of Iraq and all the central banks around the world on a daily basis but recently apexed at a summit conference in Baghdad...every central bank on this planet Earth has come to Iraq. This is the process...the last meeting they had just a few days ago...the scuttlebutt that was conversed at this meeting is that within the next two weeks the CBI will be introducing all the information on the new small category notes and the new exchange rate for the Iraqi dinar...the fact that the two witnesses [Kazemi and Mustafa, the CBI governor] are talking directly and seriously about introducing a new exchange rate and new small category notes is encouraging. It's positive. It's awesome. It's exciting. It's a fact because it's from them and it's in print now.
9-14-2021 Intel Guru Fleming Late Monday RV Report: The push is on for Tier 4... Value day is every single day that this RV is attempted, and as although the RV has not begun the rates remain locked in. Just as Tier 4 are locked in...Rates for the currencies we’re expecting, are locked in now. Last week, Iraqi Key Card holders for instance, received a letter and a new Debit card that can be used at any ATM machine, explaining to them about the Golden Dinar, and that it would be paying out no less than $3.90 and as high as $4.05 USD...The currencies will flip to their Golden state. Currencies will flip all over the world, possibly while we’re sleeping. Expect this every minute, every day.
9-13-2021 Newshound Guru Kaperoni retweet: Masrour Barzoni PM of Kurdistan Region of Iraq "Parliament has backed this cabinet’s actions to get rid of barriers to new businesses. We've cut processing from 32 days to 1; visits to govt offices from 50 to 1; and cost by over 90%. We’re paving the way, so our entrepreneurs can build a better future for Kurdistan -mb".
9-13-2021 Intel Guru Frank26 Member Comment: "Just flip the damn switch and raise the exchange rate to 1 to 1 then float. It will rocket shoot upward above Kuwait's rate..." Just switch the damn rate? No. What do I call the monetary reform? Do I call it a date? ...Have I ever given you a date? ...I've given you time frames to consider but very rarely. What do I call the monetary reform? A process. It is a process. It's not like turning on a light...
9-13-2021 Newshound Guru Desert Advisor If they were to do something huge how would they go about it? Look back to 2003 when they did a banking overhaul/new currency...LA Times...How they did it...basically you take your stack of 25000 dinars and now you get 25,000 dinars but in smaller categories. Maybe you get 20000 back plus 5000 in smaller bills...That's pretty much what they did. [In 2003 going from Saddam notes to current notes]. It was successful. Everything was fine.
9-13-2021 Newshound Guru Pimpy What they're going to do is make sure that their economy is on solid ground before they make any real significant changes to the rate which is important. We want them to develop their private sector. That looks good.
9-13-2021 Intel Guru Frank26 You already saw it [the monetary reform information] in print and you're going to see it in print again and you'll see it again and again until they decide to show the new small category notes to the citizens and possibly at the same time show them the new exchange rate.
9-13-2021 Intel Guru Frank26 Member Comment: "Just flip the damn switch and raise the exchange rate to 1 to 1 then float. It will rocket shoot upward above Kuwait's rate..." Just switch the damn rate? No. What do I call the monetary reform? Do I call it a date? ...Have I ever given you a date? ...I've given you time frames to consider but very rarely. What do I call the monetary reform? A process. It is a process. It's not like turning on a light...
9-13-2021 Newshound Guru Desert Advisor If they were to do something huge how would they go about it? Look back to 2003 when they did a banking overhaul/new currency...LA Times...How they did it...basically you take your stack of 25000 dinars and now you get 25,000 dinars but in smaller categories. Maybe you get 20000 back plus 5000 in smaller bills...That's pretty much what they did. [In 2003 going from Saddam notes to current notes]. It was successful. Everything was fine.
9-13-2021 Newshound Guru Pimpy What they're going to do is make sure that their economy is on solid ground before they make any real significant changes to the rate which is important. We want them to develop their private sector. That looks good.
9-13-2021 Intel Guru Frank26 You already saw it [the monetary reform information] in print and you're going to see it in print again and you'll see it again and again until they decide to show the new small category notes to the citizens and possibly at the same time show them the new exchange rate.
9-12-2021 Newshound Guru MilitiaMan Article: "The Central Bank participates in the first conference to activate the role of the business incubator" Here is another example of supporting evidence that going to a market economy is in full steam ahead...The re construction of a country is going to be massive and explosive going forward... I suspect in the coming months Iraq will be on everyone’s radar...Imo... Exciting times are here! Telling us they are evaluating the pricing of oil in Dinar is off the charts and the entrepreneurs in the room above would probably know what’s coming! They would from all the education out lately know the exchange rate is about to be sprung! Imo.
9-12-2021 Newshound Guru Desert Advisor A lot of stuff is possible. Article: "An Italian Artist Auctioned Off an 'invisible sculpture for $18,300" Quote: "It is a work that asks you to activate the power of the imagination." $18,000 this guy sold and invisible sculpture. Dogecoin, something that started out as a meme made a 10,000% return in less than a year. Gamestop has a 2500% rate of return in less than a year. To me anything is possible...the opportunity for Iraq and what they've been doing, the actions they've been taking, they look so strong. Very strong. They have international support...
9-12-2021 Intel Guru RayRen98 Saturday rates as seen on the bank screens and reported to us...Iraqi Dinar - $3.47 - $28.00; Vietnamese Dong - .60¢ - $12.00...More developments and updates are anticipated throughout the day/night...
9-12-2021 Newshound Guru Pimpy More and more Iraq is putting themselves out there on the international scene. When it comes to the dinar I just find it very hard to believe that they're going to be able to keep it up with this rate once all these agreements start kicking into gear. Maybe [Guru] Kaperoni is right, maybe they'll do a LOP. We'll see but I don't think so...
9-12-2021 Intel Guru Frank26 Article: "Raising the price of the dollar against the dinar increases the suffering of the Iraqis" You think? So why did you do it? To draw in mattress dinars. To ward off speculators. That's why we did it but we're about to raise it. They are now admitting what they were denying. 'We would make an increase' is now what they are saying.
9-12-2021 Intel Guru MarkZ [via PDK] [Any news on the dong rate?] I still think we will see a low $2 rate...
9-12-2021 Newshound Guru Desert Advisor A lot of stuff is possible. Article: "An Italian Artist Auctioned Off an 'invisible sculpture for $18,300" Quote: "It is a work that asks you to activate the power of the imagination." $18,000 this guy sold and invisible sculpture. Dogecoin, something that started out as a meme made a 10,000% return in less than a year. Gamestop has a 2500% rate of return in less than a year. To me anything is possible...the opportunity for Iraq and what they've been doing, the actions they've been taking, they look so strong. Very strong. They have international support...
9-12-2021 Intel Guru RayRen98 Saturday rates as seen on the bank screens and reported to us...Iraqi Dinar - $3.47 - $28.00; Vietnamese Dong - .60¢ - $12.00...More developments and updates are anticipated throughout the day/night...
9-12-2021 Newshound Guru Pimpy More and more Iraq is putting themselves out there on the international scene. When it comes to the dinar I just find it very hard to believe that they're going to be able to keep it up with this rate once all these agreements start kicking into gear. Maybe [Guru] Kaperoni is right, maybe they'll do a LOP. We'll see but I don't think so...
9-12-2021 Intel Guru Frank26 Article: "Raising the price of the dollar against the dinar increases the suffering of the Iraqis" You think? So why did you do it? To draw in mattress dinars. To ward off speculators. That's why we did it but we're about to raise it. They are now admitting what they were denying. 'We would make an increase' is now what they are saying.
9-12-2021 Intel Guru MarkZ [via PDK] [Any news on the dong rate?] I still think we will see a low $2 rate...
9-11-2021 Newshound Guru MilitiaMan Well, it looks like they were told they have de-pegged from the US Petrodollar and are using the Dinar evaluating the price of oil. It suggests with simple math that 45 Dinar to a barrel of oil is fairly simple to figure out. By doing so one can deduce there is purchase power in what the calculation shows. Thereby, supporting the high level of finance...The electoral process is expensive. The budget has what is needed for all that within it. Thus, the need for a change to precede elections. Therefore, we can deduce, the new exchange rate will need to be sorted if it has not already as of today, as the PM says they fulfilled the requirements. If not in todays meeting, then it would likely be sorted this next Tuesday when the COM normally meets.. [Post 2 of 2]
9-11-2021 Newshound Guru MilitiaMan We have the PM Kahdimi on the 22nd of August telling the world he has a 2021 - 2023 plan with 33 pages of information on the White Papers, digital transformation, etc. Then days later on the 26th of August we see his advisor and the Finance Minister telling us the 2022 budget will be completed and and presented to the Council of Ministers within 3 weeks and then again suggesting it would be within 3-4 weeks...3 weeks from the 26th of August gets us out to the 16th of September or within that time frame...The citizens all want purchase power and support not only in respect to their finances, but also fair and transparent elections... [Post 1 of 2]
9-11-2021 Intel Guru Frank26 [Banks] have been training literally since last year in Iraq but banks around the world just recently got these [new note] sheets. It was about three years ago that they got what they called 'specimens'. They were stamped in red that said 'specimen'. But now these [new ones] say 'samples' because it's an actual sheet. If you cut this up that's actual currency...banks know.
9-11-2021 Intel Guru MarkZ [via PDK] [Will we know the rates before we go into exchange?] I am hearing we may be signing some type of electronic NDA on the rate and that we will know before we go in…If there is a NDA on rates…this would make sense...most of my bankers say, on regular currencies there will not be an NDA now. But if there is one it should only be about the rate.
9-11-2021 Newshound Guru Desert Advisor Is it possible to do an RI/RV overnight or is it going to take the reform and white paper development over the next 5 years? I don't know...it's funny because people are saying, 'Oh it's not possible because of 'this'. Oh, how can we do this because of 'this'. It's never happened because of 'this'. I just think it's hilarious that anybody can have the audacity - because they can't figure it out - it's not possible. That's a lot of arrogance to me...I think most of us or all of us can agree it's not "if" but "when" Iraq gets to their rate...
9-11-2021 Newshound Guru Pimpy Is that right? Did I hear a rumor they want to reinstate the rate? That's what everybody's talking about... Article: "Parliamentary movement to change the dollar exchange are in the 2022 budget" Are we getting the RI here? Be careful about how you read these articles... Quote: "Economy investment committee revealed...the existence of a parliamentary movement aimed at changing the exchange rate of the the dollar against the dinar and the draft budget law for the year 2022..." Parliamentary sure is pushing back hard. They want that rate change to happen. We know the new budget is coming out...they're talking about moving the price down to 1190 dinars for every dollar [Note moving the rate down is what we want to see. That's good for dinar holders. But moving it a lot more is better. :) ]...
9-11-2021 Newshound/Intel Guru Mnt Goat I have to clarify...what...is being televised on Iraqi TV. They are simply telling the people they want to go back to the pre-December 2020 devaluation rate for the dinar. Would this be a revaluation? Yes, it would, but obviously it is NOT what we are looking for...For what we want, we need them to conduct the project to delete the zeros and bring the dinar close to $1. Then to reinstate it on FOREX. This is something that is not just going to happen overnight...It is a process and we are going to get plenty of advanced notice when it is time...
9-11-2021 Intel Guru Frank26 Does the paying off the Kuwaiti debt have anything to do with the monetary reform? All of you who said yes, you're wrong. It has nothing to do with it. Nothing. Iraq owes them 5 bucks. So they pay them 5 bucks. Where's the small category notes? Where's the new exchange rate? Yeah it helps their credit rating but it has absolutely nothing to do with their monetary reform of the Iraqi dinar...but the fact that they're making these payment tell you? Something is going on at the CBI and the exchange rate of the Iraqi dinar...
9-11-2021 Intel Guru Bruce [via Wiser Now] ...I would say based on the information we have – we should be getting ready to go...I believe – all the new rates are there – on the screens since Monday night and locked and loaded – I believe all set and very attractive rates for us – I think we are good to go...once this thing kicks – get these emails out – numbers out - BOOM – we’re off to the races it’s going to be great...
9-11-2021 Intel Guru RayRen98 [Has there been any update on the status of our banker friends? New memo out? Still expecting this week? Any update?] SOME BANKS ARE STARTING TO SAY "NEXT WEEK"...TIME WILL TELL.
9-11-2021 Newshound Guru MilitiaMan We have the PM Kahdimi on the 22nd of August telling the world he has a 2021 - 2023 plan with 33 pages of information on the White Papers, digital transformation, etc. Then days later on the 26th of August we see his advisor and the Finance Minister telling us the 2022 budget will be completed and and presented to the Council of Ministers within 3 weeks and then again suggesting it would be within 3-4 weeks...3 weeks from the 26th of August gets us out to the 16th of September or within that time frame...The citizens all want purchase power and support not only in respect to their finances, but also fair and transparent elections... [Post 1 of 2]
9-11-2021 Intel Guru Frank26 [Banks] have been training literally since last year in Iraq but banks around the world just recently got these [new note] sheets. It was about three years ago that they got what they called 'specimens'. They were stamped in red that said 'specimen'. But now these [new ones] say 'samples' because it's an actual sheet. If you cut this up that's actual currency...banks know.
9-11-2021 Intel Guru MarkZ [via PDK] [Will we know the rates before we go into exchange?] I am hearing we may be signing some type of electronic NDA on the rate and that we will know before we go in…If there is a NDA on rates…this would make sense...most of my bankers say, on regular currencies there will not be an NDA now. But if there is one it should only be about the rate.
9-11-2021 Newshound Guru Desert Advisor Is it possible to do an RI/RV overnight or is it going to take the reform and white paper development over the next 5 years? I don't know...it's funny because people are saying, 'Oh it's not possible because of 'this'. Oh, how can we do this because of 'this'. It's never happened because of 'this'. I just think it's hilarious that anybody can have the audacity - because they can't figure it out - it's not possible. That's a lot of arrogance to me...I think most of us or all of us can agree it's not "if" but "when" Iraq gets to their rate...
9-11-2021 Newshound Guru Pimpy Is that right? Did I hear a rumor they want to reinstate the rate? That's what everybody's talking about... Article: "Parliamentary movement to change the dollar exchange are in the 2022 budget" Are we getting the RI here? Be careful about how you read these articles... Quote: "Economy investment committee revealed...the existence of a parliamentary movement aimed at changing the exchange rate of the the dollar against the dinar and the draft budget law for the year 2022..." Parliamentary sure is pushing back hard. They want that rate change to happen. We know the new budget is coming out...they're talking about moving the price down to 1190 dinars for every dollar [Note moving the rate down is what we want to see. That's good for dinar holders. But moving it a lot more is better. :) ]...
9-11-2021 Newshound/Intel Guru Mnt Goat I have to clarify...what...is being televised on Iraqi TV. They are simply telling the people they want to go back to the pre-December 2020 devaluation rate for the dinar. Would this be a revaluation? Yes, it would, but obviously it is NOT what we are looking for...For what we want, we need them to conduct the project to delete the zeros and bring the dinar close to $1. Then to reinstate it on FOREX. This is something that is not just going to happen overnight...It is a process and we are going to get plenty of advanced notice when it is time...
9-11-2021 Intel Guru Frank26 Does the paying off the Kuwaiti debt have anything to do with the monetary reform? All of you who said yes, you're wrong. It has nothing to do with it. Nothing. Iraq owes them 5 bucks. So they pay them 5 bucks. Where's the small category notes? Where's the new exchange rate? Yeah it helps their credit rating but it has absolutely nothing to do with their monetary reform of the Iraqi dinar...but the fact that they're making these payment tell you? Something is going on at the CBI and the exchange rate of the Iraqi dinar...
9-11-2021 Intel Guru Bruce [via Wiser Now] ...I would say based on the information we have – we should be getting ready to go...I believe – all the new rates are there – on the screens since Monday night and locked and loaded – I believe all set and very attractive rates for us – I think we are good to go...once this thing kicks – get these emails out – numbers out - BOOM – we’re off to the races it’s going to be great...
9-11-2021 Intel Guru RayRen98 [Has there been any update on the status of our banker friends? New memo out? Still expecting this week? Any update?] SOME BANKS ARE STARTING TO SAY "NEXT WEEK"...TIME WILL TELL.
9-10-2021 Newshound Guru Kaperoni Everyone I am sure would like to see something happen now. The truth is Iraq is not in the position...They'd still need to pass laws, create a suitable business environment and encourage foreign investment. Of course over the last several months the development of the so called, "white paper" is the basis to create this private-sector market economy.
9-10-2021 Intel Guru Frank26 The CBI already calculated it in their M 1-2-3 figures the amount of currency that is floating internationally. It is domestically where they're trying to collect the 3 zeros. And they're about to finish that off. They got about 77 to 78 percent collected sometime early last year. But they are about to have 100% of the 3 zero notes domestically in their central banks. They got satellite banks all around the world that when people go exchange the dinar for their currency of that country they can go to these satellite banks if they want. Those dinar would go back to the CBI. You can do the same thing too...in the 48 continental states or you can go to an American bank and exchange your currency. The difference is that the American bank will send it to the Untied States treasury...your choice.
9-10-2021 Newshound Guru Desert Advisor Is RI/RV/LOP/RD possible? I believe anything is possible. I look to Roger Bannister in the 4 minute mile. It was physically impossible until he did it. Has a country ever reinstated or revalued their currency...50% 100% 1000% overnight? Not that I've seen but that doesn't mean that it can't happen. I do think it's going to happen soon but my definition of soon...means that it's going to be in the near future at an unexpected time. Sooner than later. So it could happen today, tomorrow, next week - I don't know and I try not to worry about it. Live one day at a time. I plan for tomorrow but tomorrow I'm not really worried about it. Today has enough troubles in itself.
9-10-2021 Intel Guru MarkZ [via PDK] It’s really neat to see us this close...We are getting there. Perhaps they are going to do it today or tomorrow…perhaps we are days away still…we just do not know.
9-10-2021 Newshound Guru Pimpy I'm curious to see what's in there [2022 budget]. We all are. We want to know is there going to be a rate change in there. When I say things like, 'If there's going to be a change' it might be a small one. That doesn't mean the possibility of them coming out and going, 'oh and RI or an RV' is not there. That's always possible...they're not going to announce it/give you a warning...if they let you know there's going to be an increase in value of the dinar against the U.S. dollar, what happens? People buy more Iraqi dinar when it's cheaper right? Right. So they can benefit from it. They're not going to tell you. They're just going to do it...
9-10-2021 Intel Guru Frank26 Firefly Boots-on-the-ground TV report: FIREFLY: The Finance committee of the government has requested a review of the exchange rate and this is on the news right now to us. Parliament is now doing a request also to have the exchange rate changed in the upcoming 2022 budget. FRANK: You mean the buffoons that were saying that you will never see a change in your rate just three weeks ago? Yeah...There is no date and rate on this speculative investment. There's this good information that...you'll see in print very soon...
9-10-2021 Newshound/Intel Guru Mnt Goat Kuwait compensation almost completed...The financial advisor to the Prime Minister, Mazhar Muhammad Salih, revealed the remaining amount owed by Iraq as compensation for the benefit of the State of Kuwait, noting that paying it may take six months. He pointing out that the remaining amount is estimated at one billion dollars out of 52.4 billion dollars initially owed. Why is this so important for Iraq? It is important because it will free them up from the final monetary sanctions. The US Treasury can then eliminate the OFAC sanctions.
9-10-2021 Intel Guru MarkZ [via PDK] Somebody sent me pictures of some of the lower denominations from Iraq…as small as the 50 dinar note…just not of the really small ones.
9-10-2021 Intel Guru Frank26 The CBI already calculated it in their M 1-2-3 figures the amount of currency that is floating internationally. It is domestically where they're trying to collect the 3 zeros. And they're about to finish that off. They got about 77 to 78 percent collected sometime early last year. But they are about to have 100% of the 3 zero notes domestically in their central banks. They got satellite banks all around the world that when people go exchange the dinar for their currency of that country they can go to these satellite banks if they want. Those dinar would go back to the CBI. You can do the same thing too...in the 48 continental states or you can go to an American bank and exchange your currency. The difference is that the American bank will send it to the Untied States treasury...your choice.
9-10-2021 Newshound Guru Desert Advisor Is RI/RV/LOP/RD possible? I believe anything is possible. I look to Roger Bannister in the 4 minute mile. It was physically impossible until he did it. Has a country ever reinstated or revalued their currency...50% 100% 1000% overnight? Not that I've seen but that doesn't mean that it can't happen. I do think it's going to happen soon but my definition of soon...means that it's going to be in the near future at an unexpected time. Sooner than later. So it could happen today, tomorrow, next week - I don't know and I try not to worry about it. Live one day at a time. I plan for tomorrow but tomorrow I'm not really worried about it. Today has enough troubles in itself.
9-10-2021 Intel Guru MarkZ [via PDK] It’s really neat to see us this close...We are getting there. Perhaps they are going to do it today or tomorrow…perhaps we are days away still…we just do not know.
9-10-2021 Newshound Guru Pimpy I'm curious to see what's in there [2022 budget]. We all are. We want to know is there going to be a rate change in there. When I say things like, 'If there's going to be a change' it might be a small one. That doesn't mean the possibility of them coming out and going, 'oh and RI or an RV' is not there. That's always possible...they're not going to announce it/give you a warning...if they let you know there's going to be an increase in value of the dinar against the U.S. dollar, what happens? People buy more Iraqi dinar when it's cheaper right? Right. So they can benefit from it. They're not going to tell you. They're just going to do it...
9-10-2021 Intel Guru Frank26 Firefly Boots-on-the-ground TV report: FIREFLY: The Finance committee of the government has requested a review of the exchange rate and this is on the news right now to us. Parliament is now doing a request also to have the exchange rate changed in the upcoming 2022 budget. FRANK: You mean the buffoons that were saying that you will never see a change in your rate just three weeks ago? Yeah...There is no date and rate on this speculative investment. There's this good information that...you'll see in print very soon...
9-10-2021 Newshound/Intel Guru Mnt Goat Kuwait compensation almost completed...The financial advisor to the Prime Minister, Mazhar Muhammad Salih, revealed the remaining amount owed by Iraq as compensation for the benefit of the State of Kuwait, noting that paying it may take six months. He pointing out that the remaining amount is estimated at one billion dollars out of 52.4 billion dollars initially owed. Why is this so important for Iraq? It is important because it will free them up from the final monetary sanctions. The US Treasury can then eliminate the OFAC sanctions.
9-10-2021 Intel Guru MarkZ [via PDK] Somebody sent me pictures of some of the lower denominations from Iraq…as small as the 50 dinar note…just not of the really small ones.
9-9-2021 Intel Guru Texas Snake [via PDK] Well, this morning I got a call from my banker…the main one I will be doing my exchange with, and he told me to have my phone charged and keep it close today. He was pretty insistent that sometime today he would be notified as to when he could expect our 800 numbers to be released. ...He was pretty sure that sometime between now and Sunday we would be notified with the 800 numbers or the link to get on the internet.
9-9-2021 Intel Guru MarkZ [via PDK] Things are really heating up…now we have to find out if they did indeed pull the trigger!!! ... we are hearing that Money is positioned and in place... Manage your expectations but hearing this chatter coming out of the banking centers this afternoon as they get notices and told to get a good nights sleep in expectation of “tomorrow”...All my bankers are ramped up with expectations of knowing within the next handful of hours or a day…it sure has been a busy exciting day.
9-9-2021 Intel Guru Frank26 Firefly Boots-on-the-ground TV report: FIREFLY: Finance Minister is on the news again and he's saying that the White Papers are here to fundamentally change the Iraqi economy and also said Iraq needs to float the dinar internationally on a global market and gain the true value of the dinar. He said it's time for Iraq to be a leader in the region and it has proved to these countries we have stability and the other countries realize this... FRANK: The fact that they're telling the citizens of Iraq means it'll be in print soon...
9-9-2021 Newshound Guru Pimpy Article: "The exchange rate will be fixed in the 2022 budget and there will be no change in it" Did they say what the rate was? Drum roll please. I don't think the rates in here. It's doesn't say what the rate is so there's going to be a lot of talk and speculation between now and before they reveal it to us I can guarantee that...So they told the news that the increase in the dollar exchange rate is an idea that has been discussed for years. The previous governments did not dare take the step because of the risk and controversy surrounding it...
9-9-2021 Newshound/Intel Guru Mnt Goat I am following the implementation of the white paper very closely as I believe this is what is going to get us to the bank.
9-9-2021 Newshound Guru Desert Advisor Chase and Wells Fargo do buy the Iraq dinar. I've verified that myself at my local branches. Apparently we would take our 25000 dinar, we'd go to the bank, the bank would give us, let's say just for example it's 1 to 1, they would give us $25,000 United States dollars credits or notes depending which you want. The Federal Reserve takes that 25,000 note and...they probably would destroy it but get credits with Iraq when it comes to their oil.
9-9-2021 Intel Guru Frank26 All the central banks in the world met on the last day of the Baghdad summit when they closed the doors to show this delegation that you are Article VIII and confirmed with the world's central banks IMO that a new exchange rate and a new currency for Iraq is about to be introduced...
9-9-2021 Intel Guru MarkZ [via PDK] My banking sources believe we will see it between the 10th and the 15th. This is Friday to mid week next week. I have not heard anything negative but I am disappointed that we are not already paid. There is very positive chatter out there…
9-9-2021 Newshound Guru Pimpy I really think we're in a great position. Seriously, if we could just be a little bit more patient. A lot of people have been waiting a long time. I get it. Right now we're seeing a lot of progress with Iraq like never before. Corruption has been dwindled down. We have a very transparent government there. Al-Kazemi seems to be well on his way of putting Iraq out there internationally. Building relationships with people. Keeping the country stable...Once they've rebuilt their economy and it starts to get stronger the currency will itself become stronger and will increase in value.
9-9-2021 Intel Guru Bruce [via WiserNow] This target is still moving... what we do know is...Iraq has an international rate – the currencies were off the screens Sunday and they came back...(Monday) – all the currencies came up that we’re interested in...we understand...the people that have seen them have commented to us that they would be really really good and we would be pleasantly surprised... I think we are very close... I do believe their intention is to let this go...I thought well before the 11th...we are looking good I believe...
9-9-2021 Intel Guru Fleming Wednesday RV Report: Our military intel contact is confirming Mr Fleming’s sources reporting...the official launch of the RV / GCR early this morning Wed 8 Sep; it had to be done THIS WEEK...Our guy’s info is that notifications are anticipated to come out by tomorrow Thu 9 Sep...working their way to us in T4B within 12-24 hours—watch and see. ...All rates are solid and no longer BLINKING. LOCKED IN.
9-9-2021 Intel Guru MarkZ [via PDK] Things are really heating up…now we have to find out if they did indeed pull the trigger!!! ... we are hearing that Money is positioned and in place... Manage your expectations but hearing this chatter coming out of the banking centers this afternoon as they get notices and told to get a good nights sleep in expectation of “tomorrow”...All my bankers are ramped up with expectations of knowing within the next handful of hours or a day…it sure has been a busy exciting day.
9-9-2021 Intel Guru Frank26 Firefly Boots-on-the-ground TV report: FIREFLY: Finance Minister is on the news again and he's saying that the White Papers are here to fundamentally change the Iraqi economy and also said Iraq needs to float the dinar internationally on a global market and gain the true value of the dinar. He said it's time for Iraq to be a leader in the region and it has proved to these countries we have stability and the other countries realize this... FRANK: The fact that they're telling the citizens of Iraq means it'll be in print soon...
9-9-2021 Newshound Guru Pimpy Article: "The exchange rate will be fixed in the 2022 budget and there will be no change in it" Did they say what the rate was? Drum roll please. I don't think the rates in here. It's doesn't say what the rate is so there's going to be a lot of talk and speculation between now and before they reveal it to us I can guarantee that...So they told the news that the increase in the dollar exchange rate is an idea that has been discussed for years. The previous governments did not dare take the step because of the risk and controversy surrounding it...
9-9-2021 Newshound/Intel Guru Mnt Goat I am following the implementation of the white paper very closely as I believe this is what is going to get us to the bank.
9-9-2021 Newshound Guru Desert Advisor Chase and Wells Fargo do buy the Iraq dinar. I've verified that myself at my local branches. Apparently we would take our 25000 dinar, we'd go to the bank, the bank would give us, let's say just for example it's 1 to 1, they would give us $25,000 United States dollars credits or notes depending which you want. The Federal Reserve takes that 25,000 note and...they probably would destroy it but get credits with Iraq when it comes to their oil.
9-9-2021 Intel Guru Frank26 All the central banks in the world met on the last day of the Baghdad summit when they closed the doors to show this delegation that you are Article VIII and confirmed with the world's central banks IMO that a new exchange rate and a new currency for Iraq is about to be introduced...
9-9-2021 Intel Guru MarkZ [via PDK] My banking sources believe we will see it between the 10th and the 15th. This is Friday to mid week next week. I have not heard anything negative but I am disappointed that we are not already paid. There is very positive chatter out there…
9-9-2021 Newshound Guru Pimpy I really think we're in a great position. Seriously, if we could just be a little bit more patient. A lot of people have been waiting a long time. I get it. Right now we're seeing a lot of progress with Iraq like never before. Corruption has been dwindled down. We have a very transparent government there. Al-Kazemi seems to be well on his way of putting Iraq out there internationally. Building relationships with people. Keeping the country stable...Once they've rebuilt their economy and it starts to get stronger the currency will itself become stronger and will increase in value.
9-9-2021 Intel Guru Bruce [via WiserNow] This target is still moving... what we do know is...Iraq has an international rate – the currencies were off the screens Sunday and they came back...(Monday) – all the currencies came up that we’re interested in...we understand...the people that have seen them have commented to us that they would be really really good and we would be pleasantly surprised... I think we are very close... I do believe their intention is to let this go...I thought well before the 11th...we are looking good I believe...
9-9-2021 Intel Guru Fleming Wednesday RV Report: Our military intel contact is confirming Mr Fleming’s sources reporting...the official launch of the RV / GCR early this morning Wed 8 Sep; it had to be done THIS WEEK...Our guy’s info is that notifications are anticipated to come out by tomorrow Thu 9 Sep...working their way to us in T4B within 12-24 hours—watch and see. ...All rates are solid and no longer BLINKING. LOCKED IN.
9-8-2021 Intel Guru Frank26 Article "Proposal to digitally reintroduce small denominations" These NSCN's coming to a bank near you soon. Didn't [Guru] Walkingstick and I tell you they're going to explain to them [Iraqi citizens], tell them, why they changed the exchange rate, why they stopped the auctions, why they're coming out with new small category notes and show them pictures...This has been going on since June, July, August, September...
9-8-2021 Newshound/Intel Guru Mnt Goat The RV is coming soon...The process has not changed as it was given to me (us) in 2011 from the CBI. First the project to delete the zeros, then the follow up of a reinstatement to FOREX.
9-8-202/1 Newshound Guru Kaperoni What gurus say on a daily basis is utter nonsense. Pushing, hoping, wanting them two make a change now is only going to result in failure. Resulting in a LOP re-denomination and removal of 3 zeros.
9-8-2021 Intel Guru MarkZ [via PDK] Question: Anything new about NDA’s? I’m still hearing there may not be a NDA ...But, we will not know for certain until we get there. I don’t think the NDA will be as brutal as everyone fears. And make sure any bank accounts you have are “non discretionary” so they cannot play with your funds while you are sleeping…trying to make money or take risks on your funds.
9-8-2021 Intel/Newshound Guru Frank26 These sanctions were a form of pressure for Iraq to pay its debt. That pressure allowed them and forced them to work with the IMF and the US treasury and the World Bank in order to change the value of their currency - to recalculate on the second set of books. It was successful. They are paying off their debt. They are Article VIII and that's why they [International companies] are pouring in... [Post 2 of 2]
9-8-2021 Intel/Newshound Guru Frank26 They are not sanctioned anymore. I know they said when they pay it off [Kuwait debt] we will not be sanctioned anymore. They've already paid it off IMO. They'll tell you soon. They're not sanctioned. To have no restrictions on your currency - this is a state needed for an economic reform and you need the monetary reform before you can have the economic reform. It's a fact of mathematics. To be released from their sanctions is not directly related to the CBI's monetary reform but it is evidence that the CBI has made a change to their monetary reform... [Post 1 of 2]
9-8-2021 Newshound Guru Pimpy [Response to Guru Kaperoni 9-4-2021] I think the reason why it's important for them to recover the stolen funds is so they can have a more accurate idea of how much is in circulation so they can decide whether or not it's feasible for them to do a rate change that high. It's possible they could come out and make some kind of announcement and do an RI or an RV but my feeling is they're going to go up in increment whether it's fast or large increments it remains to be seen...But yeah I understand what you're saying. I agree there's no way in God's green Earth they're going to make an announcement with 45 trillion dinars...72% of it destroyed, that sill leaves a lot of trillions so I get what you're saying. I appreciate the shout out... [Post 3 of 3]
9-8-2021 Newshound Guru Pimpy [Response to Guru Kaperoni 9-4-2021] The truth is we're not exactly sure how many is out there in circulation. But I understand what you're saying. When I first got into this I was like there's no way in hell, they have way too many of them. We know the United States is holding between 11 and 14 Trillion of it and we know central banks are holding on to God knows how much. There's also private entities that are holding on to God knows how much.... [Post 2 of 3....stay tuned]
9-8-2021 Newshound Guru Pimpy [Response to Guru Kaperoni 9-4-2021] I'm aware of how many trillions of dinars they have...we know they created 55 trillion, says so right on their website. What I talked about is the fact that for 5 years they spent between $1 ad $1.5 billion of oil revenues buying dinar off the open market. No body knew how many of them they bought, how many were destroyed. We know they destroyed them, there's confirmation of that...72% of the dinar was destroyed. Not the old dinar, this dinar that we're playing with right now 72%...not to mention the amount that was burnt up and destroyed by ISIS and the number of dinars that were destroyed during the flood. [Post 1 of 3....stay tuned]
9-8-2021 Newshound Guru NORV [aka Guru Kaperoni] ...the auction are a BALANCE between dinar and dollar. That being so, there is no way to reduce the money supply with the auctions. Any attempt to do would cause one or the other currency market rate to change. They are trying to keep it stable, not cause further devaluation...when the exchange rate is stable, be assured it is because they have done a good job supplying one or the other to meet demand...And if we know anything, is that the CBI is pumping more dinar not less into the market since the money supply is now around 80 trillion dinar.
9-8-2021 Intel Guru MarkZ [via PDK] Question: Can we ask for the rates on the back screens? I am told that the all rates have been pre-determined…they are set. Fees are set. This is part of the treaty and there is no negotiating. This is what I have been told and I believe it to be accurate.
9-8-2021 Newshound/Intel Guru Mnt Goat Our RV news this period is VERY GOOD. We heard from the Finance Minister Ali Abdul Amir Allawi as he confirmed once again that the white paper “seeks to fundamentally change the nature of the Iraqi economy”. WOW! What good news this is!...This is the guy that is going to add support for the currency reform we are looking for. In other recent past articles he talked about the necessity to put the IQD out on a managed float on the global market place and he did reference FOREX itself. This was WOW news for me and so we sit and wait for his next move.
9-8-2021 Newshound/Intel Guru Mnt Goat The RV is coming soon...The process has not changed as it was given to me (us) in 2011 from the CBI. First the project to delete the zeros, then the follow up of a reinstatement to FOREX.
9-8-202/1 Newshound Guru Kaperoni What gurus say on a daily basis is utter nonsense. Pushing, hoping, wanting them two make a change now is only going to result in failure. Resulting in a LOP re-denomination and removal of 3 zeros.
9-8-2021 Intel Guru MarkZ [via PDK] Question: Anything new about NDA’s? I’m still hearing there may not be a NDA ...But, we will not know for certain until we get there. I don’t think the NDA will be as brutal as everyone fears. And make sure any bank accounts you have are “non discretionary” so they cannot play with your funds while you are sleeping…trying to make money or take risks on your funds.
9-8-2021 Intel/Newshound Guru Frank26 These sanctions were a form of pressure for Iraq to pay its debt. That pressure allowed them and forced them to work with the IMF and the US treasury and the World Bank in order to change the value of their currency - to recalculate on the second set of books. It was successful. They are paying off their debt. They are Article VIII and that's why they [International companies] are pouring in... [Post 2 of 2]
9-8-2021 Intel/Newshound Guru Frank26 They are not sanctioned anymore. I know they said when they pay it off [Kuwait debt] we will not be sanctioned anymore. They've already paid it off IMO. They'll tell you soon. They're not sanctioned. To have no restrictions on your currency - this is a state needed for an economic reform and you need the monetary reform before you can have the economic reform. It's a fact of mathematics. To be released from their sanctions is not directly related to the CBI's monetary reform but it is evidence that the CBI has made a change to their monetary reform... [Post 1 of 2]
9-8-2021 Newshound Guru Pimpy [Response to Guru Kaperoni 9-4-2021] I think the reason why it's important for them to recover the stolen funds is so they can have a more accurate idea of how much is in circulation so they can decide whether or not it's feasible for them to do a rate change that high. It's possible they could come out and make some kind of announcement and do an RI or an RV but my feeling is they're going to go up in increment whether it's fast or large increments it remains to be seen...But yeah I understand what you're saying. I agree there's no way in God's green Earth they're going to make an announcement with 45 trillion dinars...72% of it destroyed, that sill leaves a lot of trillions so I get what you're saying. I appreciate the shout out... [Post 3 of 3]
9-8-2021 Newshound Guru Pimpy [Response to Guru Kaperoni 9-4-2021] The truth is we're not exactly sure how many is out there in circulation. But I understand what you're saying. When I first got into this I was like there's no way in hell, they have way too many of them. We know the United States is holding between 11 and 14 Trillion of it and we know central banks are holding on to God knows how much. There's also private entities that are holding on to God knows how much.... [Post 2 of 3....stay tuned]
9-8-2021 Newshound Guru Pimpy [Response to Guru Kaperoni 9-4-2021] I'm aware of how many trillions of dinars they have...we know they created 55 trillion, says so right on their website. What I talked about is the fact that for 5 years they spent between $1 ad $1.5 billion of oil revenues buying dinar off the open market. No body knew how many of them they bought, how many were destroyed. We know they destroyed them, there's confirmation of that...72% of the dinar was destroyed. Not the old dinar, this dinar that we're playing with right now 72%...not to mention the amount that was burnt up and destroyed by ISIS and the number of dinars that were destroyed during the flood. [Post 1 of 3....stay tuned]
9-8-2021 Newshound Guru NORV [aka Guru Kaperoni] ...the auction are a BALANCE between dinar and dollar. That being so, there is no way to reduce the money supply with the auctions. Any attempt to do would cause one or the other currency market rate to change. They are trying to keep it stable, not cause further devaluation...when the exchange rate is stable, be assured it is because they have done a good job supplying one or the other to meet demand...And if we know anything, is that the CBI is pumping more dinar not less into the market since the money supply is now around 80 trillion dinar.
9-8-2021 Intel Guru MarkZ [via PDK] Question: Can we ask for the rates on the back screens? I am told that the all rates have been pre-determined…they are set. Fees are set. This is part of the treaty and there is no negotiating. This is what I have been told and I believe it to be accurate.
9-8-2021 Newshound/Intel Guru Mnt Goat Our RV news this period is VERY GOOD. We heard from the Finance Minister Ali Abdul Amir Allawi as he confirmed once again that the white paper “seeks to fundamentally change the nature of the Iraqi economy”. WOW! What good news this is!...This is the guy that is going to add support for the currency reform we are looking for. In other recent past articles he talked about the necessity to put the IQD out on a managed float on the global market place and he did reference FOREX itself. This was WOW news for me and so we sit and wait for his next move.
9-7-2021 Intel Guru MarkZ Question: "It was said in the past that the IQD should be exchanged into a separate account." Absolutely not. And I am told you do not need a trust before the exchange. Anyone tells you that you need one is just trying to sell you something.
9-7-2021 Intel Guru Frank26 Article: "The Central Bank of Iraq revealed the mechanisms that it will adopt to deal with oil price differences" I know it's a new rate isn't it? Yes...Behold the announcement of the announcement... Quote: "The Deputy Governor of the Central Bank of Iraq indicated that changing the dollar exchange rate is a studied step from several sides, and the decision to amend was taken only after extensive studies by they Ministry of Finance and between the Central Bank and in agreement with important international institutions for a fair situation of the dollar." Behold the announcement of the announcement... Quote: "...the exchange rate change was long overdue, and it was supposed to be adjusted from 2010..." These are exciting times...
9-7-2021 Newshound Guru Kaperoni Despite the guru's attempts to get you excited that some fictitious RV is coming, nothing is going to happen anytime soon. Iraq has a ways to go to create a suitable business climate encourage foreign investment. Only with the success of Iraq's economy can the dinar rise in value...
9-7-2021 Newshound/Intel Guru RVAlready It is not up to parliament or GOI to set the rate...The rate is up to the CBI...period. It doesn’t matter what the budget specifies.
9-7-2021 Intel Guru BobTheTaxMan The current administration believes the rich need to be giving up more and more and more and they're lowering the caps down on what you can have before it gets taxed very heavily... [NOTE: Consult with your tax professionals to get the answers and solutions for your specific situation at the appropriate time.]
9-7-2021 Newshound Guru Pimpy Article: "Minister of Finance: Complete the proposed budget model for the coming year and study the mechanisms for its implementation" People keep asking me about whether or not I think the rate is going to be here [2022 budget]. To be quite honest I'm not sure. It's possible. If you prematurely jump up in value too quickly then you could really hurt your economy. As they continue to develop and grow they obviously are going to need a more powerful dollar. That's why I think it's possible that we can see a rate change happen because they're going to be doing more importing IMO than they are exporting at the moment...it's gonna take a ton of dollars to do that...They're definitely not going to devalue their currency anymore that's for sure. As they continue to grow they're going to need a stronger purchasing power dollar...
9-7-2021 Intel Guru Frank26 No. Do not run to the bank. It would be tragic if you did.
9-7-2021 Intel Guru RayRen98 ...A bank memo stated that this upcoming week will be one of the very best weeks in a long time, maybe even a record-setter? All of the senior staff expect to be extremely busy this week! Private clients are anticipated to be called in...possibly before 800 numbers are distributed. Time Will Tell...
9-7-2021 Intel Guru Frank26 Article: "The Central Bank of Iraq revealed the mechanisms that it will adopt to deal with oil price differences" I know it's a new rate isn't it? Yes...Behold the announcement of the announcement... Quote: "The Deputy Governor of the Central Bank of Iraq indicated that changing the dollar exchange rate is a studied step from several sides, and the decision to amend was taken only after extensive studies by they Ministry of Finance and between the Central Bank and in agreement with important international institutions for a fair situation of the dollar." Behold the announcement of the announcement... Quote: "...the exchange rate change was long overdue, and it was supposed to be adjusted from 2010..." These are exciting times...
9-7-2021 Newshound Guru Kaperoni Despite the guru's attempts to get you excited that some fictitious RV is coming, nothing is going to happen anytime soon. Iraq has a ways to go to create a suitable business climate encourage foreign investment. Only with the success of Iraq's economy can the dinar rise in value...
9-7-2021 Newshound/Intel Guru RVAlready It is not up to parliament or GOI to set the rate...The rate is up to the CBI...period. It doesn’t matter what the budget specifies.
9-7-2021 Intel Guru BobTheTaxMan The current administration believes the rich need to be giving up more and more and more and they're lowering the caps down on what you can have before it gets taxed very heavily... [NOTE: Consult with your tax professionals to get the answers and solutions for your specific situation at the appropriate time.]
9-7-2021 Newshound Guru Pimpy Article: "Minister of Finance: Complete the proposed budget model for the coming year and study the mechanisms for its implementation" People keep asking me about whether or not I think the rate is going to be here [2022 budget]. To be quite honest I'm not sure. It's possible. If you prematurely jump up in value too quickly then you could really hurt your economy. As they continue to develop and grow they obviously are going to need a more powerful dollar. That's why I think it's possible that we can see a rate change happen because they're going to be doing more importing IMO than they are exporting at the moment...it's gonna take a ton of dollars to do that...They're definitely not going to devalue their currency anymore that's for sure. As they continue to grow they're going to need a stronger purchasing power dollar...
9-7-2021 Intel Guru Frank26 No. Do not run to the bank. It would be tragic if you did.
9-7-2021 Intel Guru RayRen98 ...A bank memo stated that this upcoming week will be one of the very best weeks in a long time, maybe even a record-setter? All of the senior staff expect to be extremely busy this week! Private clients are anticipated to be called in...possibly before 800 numbers are distributed. Time Will Tell...
9-6-2021 Intel Guru MarkZ Nothing overnight last night. I have not heard a peep from anybody. All eyes are on tomorrow to see if there is liquidity for all the transactions that have occurred over the last 4-5 days...
9-6-2021 Newshound/Intel Guru RVAlready Yes. Iraq is trying to hide what they are about to do. They will never publish an article saying a favorable rate will be released tomorrow. They will continue to say the exact opposite. It makes them look silly to us, who know what is coming.
9-6-2021 Newshound Guru Kaperoni There will not be a significant RV as many gurus talk about, there's just too much currency in circulation for such an event. Iraq could not afford it. So what we have to hope for is Iraq to succeed in developing a diverse private sector market economy away from just oil, therefore allowing the zeros to naturally go away as a result. For this plan to succeed we need to be patient and let Iraq build their economy.
9-6-2021 Intel Guru Frank26 Not only do they [the Iraqi citizens] know that they are about to add value to their currency but they also know about the HCL. That's why Kazemi came out two days ago and pounded his chest like King Kong...he's going to let a lot of oil companies coming in because Iraq now owns them and he's going to allow them to hire Iraqi citizens...
9-6-2021 Newshound Guru Breitling I still expect the dinar to come out between .50 and .60 cents. I still fully expect from what Iraq is saying that when they lowered the value of their currency to pay back bills...the end of October the beginning of November they are going to have a meeting to see where they're at...that's my rate and that's my window...
9-6-2021 Newshound Guru Pimpy Article: "Economy News publishes details of signing the agreement with France's Total". This is a good opportunity. Building more relationships internationally, more jobs. I really like what's going on. I think over the last 6 months for sure Al-Kazemi has really stepped up to the plate...the stronger the economy becomes the stronger the currency becomes. That's a big part of it.
9-6-2021 Newshound/Intel Guru Mnt Goat Article: "3 DECADES AFTER THE INVASION, IRAQ IS CLOSE TO TURNING THE PAGE ON KUWAIT’S COMPENSATION" Quote: “Deduction of 3% of each barrel exported abroad as compensation for the Kuwait war will end next year.” This wording is weird. 2021 not 2022 is their last year to pay complete these payments, so yes it will end in Jan 2022. Oops that date popped up again…WOW! We have waited for this to end. This will end these sanctions against the Iraq oil revenues and free up this money.
9-6-2021 Newshound/Intel Guru RVAlready Yes. Iraq is trying to hide what they are about to do. They will never publish an article saying a favorable rate will be released tomorrow. They will continue to say the exact opposite. It makes them look silly to us, who know what is coming.
9-6-2021 Newshound Guru Kaperoni There will not be a significant RV as many gurus talk about, there's just too much currency in circulation for such an event. Iraq could not afford it. So what we have to hope for is Iraq to succeed in developing a diverse private sector market economy away from just oil, therefore allowing the zeros to naturally go away as a result. For this plan to succeed we need to be patient and let Iraq build their economy.
9-6-2021 Intel Guru Frank26 Not only do they [the Iraqi citizens] know that they are about to add value to their currency but they also know about the HCL. That's why Kazemi came out two days ago and pounded his chest like King Kong...he's going to let a lot of oil companies coming in because Iraq now owns them and he's going to allow them to hire Iraqi citizens...
9-6-2021 Newshound Guru Breitling I still expect the dinar to come out between .50 and .60 cents. I still fully expect from what Iraq is saying that when they lowered the value of their currency to pay back bills...the end of October the beginning of November they are going to have a meeting to see where they're at...that's my rate and that's my window...
9-6-2021 Newshound Guru Pimpy Article: "Economy News publishes details of signing the agreement with France's Total". This is a good opportunity. Building more relationships internationally, more jobs. I really like what's going on. I think over the last 6 months for sure Al-Kazemi has really stepped up to the plate...the stronger the economy becomes the stronger the currency becomes. That's a big part of it.
9-6-2021 Newshound/Intel Guru Mnt Goat Article: "3 DECADES AFTER THE INVASION, IRAQ IS CLOSE TO TURNING THE PAGE ON KUWAIT’S COMPENSATION" Quote: “Deduction of 3% of each barrel exported abroad as compensation for the Kuwait war will end next year.” This wording is weird. 2021 not 2022 is their last year to pay complete these payments, so yes it will end in Jan 2022. Oops that date popped up again…WOW! We have waited for this to end. This will end these sanctions against the Iraq oil revenues and free up this money.
9-5-2021 Intel Guru RayRen98 Weekend UPDATE...Bank sources are sharing the following info... 1. Currency screens are "blacked out" which usually indicates a rate change when visible again...hmmmmmm?... 2. Personnel are being told not to plan on any vacations or extended time off for the next several weeks. 3. This upcoming week is expected to be vibrant with constant customer "currency exchange" flow....Time Will Tell.
9-5-2021 Newshound/Intel Guru RVAlready Question: Has the UN endorsed the RV? Cooperation agreement between UN and Iraq was scheduled to be signed in Iraq this morning. Framework includes the white paper. White paper includes the RV...By endorsing the white paper today, the UN has endorsed the RV. Let’s roll!!!
9-5-2021 Newshound Guru Pimpy Some of you guys are like, 'No, if they do the LOP and what happens if they're right and then you're 25000 [notes] become 25?' Are you kidding me? What company is gonna risk going into Iraq after they just screwed over millions of people on that rate? No. No. We all know investments are a risk but you do that you could see the backlash like you wouldn't believe. There's no way in God's green earth that you're going to see Iraq screw people over....
9-5-2021 Intel Guru Frank26 Article: "A government source identifies the reason for the low exchange rate of the dollar in Iraq" How come everyone now is talking about raising the value of the Iraqi dinar? Quote: "...the dollar's prices in the markets are currently affected by supply and demand... the most important factors that greatly effect the exchange Raes of the dollar are the decisions taken regarding changing the exchange rate of the dollar... " ...when you float your currency outside your country it automatically raises the value of the currency. It automatically changes the exchange rate.
9-5-2021 Intel Guru MarkZ Question "Are we there yet?" We have more reports out of Iraq that there are lower denominations actually on the streets. I reached out to my folks on the ground because I want physical pictures...I am hearing from an overwhelming number of folks that money is indeed moving. A lot of folks saying that they are now under NDA’s.
9-5-2021 Newshound Guru Desert Advisor Article "Al-Nusari: Monterey stability represents the starting point for economic stability" Before you can reform your economy you have to reform your monetary policy to make sure the foundation of your economy is strong. Are they going to work on the .006? That's what everybody is waiting for most...
9-5-2021 Intel Guru Frank26 So that amount that the people would buy right now because of some speculation they're going to come out with a new rate. Now if they show the new small category note, those notes, those amounts have already been calculated in the RV phase of the monetary reform. It has already been calculated in their M figures so any shark or whale that would buy billions of dinars will not affect the monetary reform. He would not affect the reinstatement phase. It's already been calculated... [Post 2 of 2]
9-5-2021 Newshound/Intel Guru RVAlready Question: Has the UN endorsed the RV? Cooperation agreement between UN and Iraq was scheduled to be signed in Iraq this morning. Framework includes the white paper. White paper includes the RV...By endorsing the white paper today, the UN has endorsed the RV. Let’s roll!!!
9-5-2021 Newshound Guru Pimpy Some of you guys are like, 'No, if they do the LOP and what happens if they're right and then you're 25000 [notes] become 25?' Are you kidding me? What company is gonna risk going into Iraq after they just screwed over millions of people on that rate? No. No. We all know investments are a risk but you do that you could see the backlash like you wouldn't believe. There's no way in God's green earth that you're going to see Iraq screw people over....
9-5-2021 Intel Guru Frank26 Article: "A government source identifies the reason for the low exchange rate of the dollar in Iraq" How come everyone now is talking about raising the value of the Iraqi dinar? Quote: "...the dollar's prices in the markets are currently affected by supply and demand... the most important factors that greatly effect the exchange Raes of the dollar are the decisions taken regarding changing the exchange rate of the dollar... " ...when you float your currency outside your country it automatically raises the value of the currency. It automatically changes the exchange rate.
9-5-2021 Intel Guru MarkZ Question "Are we there yet?" We have more reports out of Iraq that there are lower denominations actually on the streets. I reached out to my folks on the ground because I want physical pictures...I am hearing from an overwhelming number of folks that money is indeed moving. A lot of folks saying that they are now under NDA’s.
9-5-2021 Newshound Guru Desert Advisor Article "Al-Nusari: Monterey stability represents the starting point for economic stability" Before you can reform your economy you have to reform your monetary policy to make sure the foundation of your economy is strong. Are they going to work on the .006? That's what everybody is waiting for most...
9-5-2021 Intel Guru Frank26 So that amount that the people would buy right now because of some speculation they're going to come out with a new rate. Now if they show the new small category note, those notes, those amounts have already been calculated in the RV phase of the monetary reform. It has already been calculated in their M figures so any shark or whale that would buy billions of dinars will not affect the monetary reform. He would not affect the reinstatement phase. It's already been calculated... [Post 2 of 2]
9-4-2021 Newshound Guru Militaman Article "Iraq and the United Nations sign a framework for joint cooperation in a number of fields" ...The timing is very interesting. Tomorrow morning the meeting is to take place and two key components within the frame work are the development of the private sector and the government reform plan within the white paper...If there are any other shackles holding Iraq back from getting into the private sector, it may very well be done with post tomorrows morning meeting. I recall the UN has had a hand in Iraq sanctions since 2003. Many were lifted. Is this meeting about the last sanction left, the devalued currency since the last war? I am not sure but, the timing looks perfect.
9-4-2021 Newshound Guru Kaperoni ...Guru Pimpy needs a lesson in mathematics. He thinks Iraq can pass Kuwait's exchange rate. Kuwait only has about 40 billion dinar in circulation, while Iraq has well over 45 trillion. They either need to significantly reduce the currency in circulation via a float over time or they would have to LOP/re-denominate as I've already mentioned reducing trillions to billions.
9-4-2021 Newshound Guru Pimpy It's looking good. The more Iraq keeps taking a leadership role opening up to the international community, getting away from relying so much on oil, open up the private sector. This is good. I can't stress this enough It's going to be really hard for Iraq to rebuild its country when the value of the dinar is so low. The cost of importing things from other countries are going to get really expensive. They don't have anything to export so there's no need to want to lower/devalue currency...everything is looking groovy.
9-4-2021 Intel Guru MarkZ The last couple days have been a whirlwind…….i’m pretty excited and think we are that close.
9-4-2021 Intel Guru Texas Snake Word is starting to filter down from higher posts that notifications are becoming more expected to be seen over this weekend with the hopes exchange appointments will begin Tuesday or Wednesday of next week...So my guess now is that if they go on Tuesday, we may go on Wednesday or at the latest maybe Thursday of next week. The guy that shared this with me says it’s from sources higher up then his position and he was quite positive about this news.
9-4-2021 Newshound Guru Desert Advisor Article quote "Floating the currency is fully or partially liberalizing the currency exchange rate". They are not fixing the exchange rate. They're letting the exchange rate go on to whatever market price that it settles at. Free market basically. Amazing...1. They changed the exchange rate and 2. Now the exchange rate is floating.
9-4-2021 Newshound/Intel Guru Mnt Goat ...Welcome to September! Yes, we are off to a VERY GOOD start as things are really progressing in Iraq... the Finance Ministry (part of the GOI) wants currency reform...Sounds to me that the Central Bank of Iraq (CBI) may be considering launching yet even lower of the lower denominations in the coming months. Will they just launch all the rest of them or just the 2 notes in sequence 50, 100? How can they unless they increase the rate of the dinar or the notes will be literally “worthless”...
9-4-2021 Newshound Guru Kaperoni The Central Bank of Iraq tonight in the news stated that they're going to be changing the exchange rate of the Iraqi dinar. It seems like they were talking about going from 1460 to 1450 in an attempt to encourage investment. Not the kind of significant RV people are wanting...The change does not seem to state the new rate but it mentions the current rate of 1460...
9-4-2021 Intel/Newshound Guru Frank Firefly Boots-on-the-Ground Statement: "This is going to cause a problem with speculators to buy a lot of dinar if they show the new small category notes first and then later the exchange rate." The CBI is in full control of their currency and monetary reform and their exchange rate. They have already stopped selling the Iraqi dinar. Why do you think it's so hard to get it. They stopped selling it to the wholesales over two years ago...the CBI knows exactly how much is in the broker's hands/vaults. [Post 1 of 2]
9-4-2021 Newshound Guru Kaperoni ...Guru Pimpy needs a lesson in mathematics. He thinks Iraq can pass Kuwait's exchange rate. Kuwait only has about 40 billion dinar in circulation, while Iraq has well over 45 trillion. They either need to significantly reduce the currency in circulation via a float over time or they would have to LOP/re-denominate as I've already mentioned reducing trillions to billions.
9-4-2021 Newshound Guru Pimpy It's looking good. The more Iraq keeps taking a leadership role opening up to the international community, getting away from relying so much on oil, open up the private sector. This is good. I can't stress this enough It's going to be really hard for Iraq to rebuild its country when the value of the dinar is so low. The cost of importing things from other countries are going to get really expensive. They don't have anything to export so there's no need to want to lower/devalue currency...everything is looking groovy.
9-4-2021 Intel Guru MarkZ The last couple days have been a whirlwind…….i’m pretty excited and think we are that close.
9-4-2021 Intel Guru Texas Snake Word is starting to filter down from higher posts that notifications are becoming more expected to be seen over this weekend with the hopes exchange appointments will begin Tuesday or Wednesday of next week...So my guess now is that if they go on Tuesday, we may go on Wednesday or at the latest maybe Thursday of next week. The guy that shared this with me says it’s from sources higher up then his position and he was quite positive about this news.
9-4-2021 Newshound Guru Desert Advisor Article quote "Floating the currency is fully or partially liberalizing the currency exchange rate". They are not fixing the exchange rate. They're letting the exchange rate go on to whatever market price that it settles at. Free market basically. Amazing...1. They changed the exchange rate and 2. Now the exchange rate is floating.
9-4-2021 Newshound/Intel Guru Mnt Goat ...Welcome to September! Yes, we are off to a VERY GOOD start as things are really progressing in Iraq... the Finance Ministry (part of the GOI) wants currency reform...Sounds to me that the Central Bank of Iraq (CBI) may be considering launching yet even lower of the lower denominations in the coming months. Will they just launch all the rest of them or just the 2 notes in sequence 50, 100? How can they unless they increase the rate of the dinar or the notes will be literally “worthless”...
9-4-2021 Newshound Guru Kaperoni The Central Bank of Iraq tonight in the news stated that they're going to be changing the exchange rate of the Iraqi dinar. It seems like they were talking about going from 1460 to 1450 in an attempt to encourage investment. Not the kind of significant RV people are wanting...The change does not seem to state the new rate but it mentions the current rate of 1460...
9-4-2021 Intel/Newshound Guru Frank Firefly Boots-on-the-Ground Statement: "This is going to cause a problem with speculators to buy a lot of dinar if they show the new small category notes first and then later the exchange rate." The CBI is in full control of their currency and monetary reform and their exchange rate. They have already stopped selling the Iraqi dinar. Why do you think it's so hard to get it. They stopped selling it to the wholesales over two years ago...the CBI knows exactly how much is in the broker's hands/vaults. [Post 1 of 2]
9-3-2021 Intel Guru MarkZ ...out of the redemption side….they are being told they are not working this coming weekend but, were told to expect working a very long week next week. Could they be doing this to throw us off?…..absolutely….could it be imminent? It certainly could be...
9-3-2021 Intel Guru Frank26 It is possible when they float their currency. They may only give you a few months, 6 month, a year to exchange the 3 zero notes until they're null and void. Let's pretend they give you 3 months. Then that means you will not be able to take part in the rate when it grows internationally because it's going to take time for the rate to grow...if they give you a specific amount of time to cash in your 3 zero notes you're not going to have enough time for the Iraqi dinar to go up in value [NOTE: Guru Frank26 believes it will start out 1 to 1 and rise from there].
9-3-2021 Newshound Guru Kaperoni There's no such thing as any payment tiers...
9-3-2021 Intel Guru Bruce We’re coming down to the wire and I really believe that’s true...It would seem odd to me if we did get notified tomorrow that we would not start by Saturday –I mean – the idea of being notified is... – when we get those emails – or get the toll free numbers and we set our appointments – We Are Golden - in like flint – and we’re ready to roll...let’s say we get that on a Friday...if we started Saturday – the redemption centers can be open any day...we don’t have to go to tier 1 banks – necessarily – because redemption centers are set up to work Saturdays – Sundays – Mondays – even on holidays - they could – they may choose not to - they may choose to not be upon until Monday or Tuesday of next week...we’ll just have to wait and see how quickly they do come...
9-3-2021 Newshound Guru Pimpy If Kuwait dollar is the most valuable currency and you see how much more stronger Iraq is what in God's green earth makes you think that Iraq has not potential to not only catch but pass up Kuwait. We know they [Iraq] have all kinds of problems with the government and corruption. We get that. But here's what those naysayers say, unstable government/corrupt government but what they never tell you is 'what if'. What if the government is fine. We know Al-Kazemi is kicking but right now. The corruption is down. What if the government becomes stable. They don't tell you about that 'what if' scenario. So I'm telling you what if...it is clear Iraq is a much more productive country...I do believe without a doubt that Iraq's currency will be and should be a lot more valuable than the Kuwait [dinar]...
9-3-2021 Newshound Guru Desert Advisor They changed the exchange rate but they haven't said what it is. A lot of speculation was, 'Okay, they're gonna share it during the conference.' You had 9 different countries there - Kuwait, Jordan, UAE, Saudi Arabia, Turkey, Lebanon, Iran, France, Yemen. They didn't publicly announce what happened however Kazemi posted on twitter "We succeeded in holding the Baghdad Conference for Cooperation and Partnership, and its repercussions were great locally, regionally and globally." So that meeting was great for them on a global level...
9-3-2021 Intel/Newshound Guru Frank26 [Boots-on-ground Firefly TV report] FIREFLY: Kazemi is on the news talking again...this guy is excited. He's on fire and now he's telling us that there are some new laws that are about to be passed by the government that will have a boom on our private sector. He's talking about the economic reform and those laws are the ones that are allowing the Article VIII to go into effect. At least that's what we think. FRANK: I honestly don't know the answer to that question but logic says that yeah. And look at his excitement. This man is bursting at the seams to try to talk to you guys...
9-3-2021 Newshound Guru Breitling The taxes coming from Biden is a massive threat. It is a massive threat. You need to get your stuff in order...timing...Let's say if Iraq does...get influence from Iran and then they revalue. Then what is our strategy? Get out as quick as possible because the value is going to go down. You have to be in your tax strategy already. You can't wait. You can't say when all this happens I'll do it. It takes time to set this stuff up... [Note: At the appropriate time for you and your unique circumstances consult with your tax professionals for the best tax strategies for you.]
9-3-2021 Intel Guru Frank26 It is possible when they float their currency. They may only give you a few months, 6 month, a year to exchange the 3 zero notes until they're null and void. Let's pretend they give you 3 months. Then that means you will not be able to take part in the rate when it grows internationally because it's going to take time for the rate to grow...if they give you a specific amount of time to cash in your 3 zero notes you're not going to have enough time for the Iraqi dinar to go up in value [NOTE: Guru Frank26 believes it will start out 1 to 1 and rise from there].
9-3-2021 Newshound Guru Kaperoni There's no such thing as any payment tiers...
9-3-2021 Intel Guru Bruce We’re coming down to the wire and I really believe that’s true...It would seem odd to me if we did get notified tomorrow that we would not start by Saturday –I mean – the idea of being notified is... – when we get those emails – or get the toll free numbers and we set our appointments – We Are Golden - in like flint – and we’re ready to roll...let’s say we get that on a Friday...if we started Saturday – the redemption centers can be open any day...we don’t have to go to tier 1 banks – necessarily – because redemption centers are set up to work Saturdays – Sundays – Mondays – even on holidays - they could – they may choose not to - they may choose to not be upon until Monday or Tuesday of next week...we’ll just have to wait and see how quickly they do come...
9-3-2021 Newshound Guru Pimpy If Kuwait dollar is the most valuable currency and you see how much more stronger Iraq is what in God's green earth makes you think that Iraq has not potential to not only catch but pass up Kuwait. We know they [Iraq] have all kinds of problems with the government and corruption. We get that. But here's what those naysayers say, unstable government/corrupt government but what they never tell you is 'what if'. What if the government is fine. We know Al-Kazemi is kicking but right now. The corruption is down. What if the government becomes stable. They don't tell you about that 'what if' scenario. So I'm telling you what if...it is clear Iraq is a much more productive country...I do believe without a doubt that Iraq's currency will be and should be a lot more valuable than the Kuwait [dinar]...
9-3-2021 Newshound Guru Desert Advisor They changed the exchange rate but they haven't said what it is. A lot of speculation was, 'Okay, they're gonna share it during the conference.' You had 9 different countries there - Kuwait, Jordan, UAE, Saudi Arabia, Turkey, Lebanon, Iran, France, Yemen. They didn't publicly announce what happened however Kazemi posted on twitter "We succeeded in holding the Baghdad Conference for Cooperation and Partnership, and its repercussions were great locally, regionally and globally." So that meeting was great for them on a global level...
9-3-2021 Intel/Newshound Guru Frank26 [Boots-on-ground Firefly TV report] FIREFLY: Kazemi is on the news talking again...this guy is excited. He's on fire and now he's telling us that there are some new laws that are about to be passed by the government that will have a boom on our private sector. He's talking about the economic reform and those laws are the ones that are allowing the Article VIII to go into effect. At least that's what we think. FRANK: I honestly don't know the answer to that question but logic says that yeah. And look at his excitement. This man is bursting at the seams to try to talk to you guys...
9-3-2021 Newshound Guru Breitling The taxes coming from Biden is a massive threat. It is a massive threat. You need to get your stuff in order...timing...Let's say if Iraq does...get influence from Iran and then they revalue. Then what is our strategy? Get out as quick as possible because the value is going to go down. You have to be in your tax strategy already. You can't wait. You can't say when all this happens I'll do it. It takes time to set this stuff up... [Note: At the appropriate time for you and your unique circumstances consult with your tax professionals for the best tax strategies for you.]
9-2-2021 Intel Guru Fleming Our military intel contact is confirming...with multiple DoD and UST contacts reporting, as [Guru] MarkZ’s sources are, that funds are on the move as of today THU 2 Sep while lower denominations (LDs the new RV Dinar currency notes) are actually on the streets in Iraq accd to photos from [Guru] Frank26...DoD is pressing hard right now to get the RV release fully started NOW...
9-2-2021 Intel Guru Bruce ...there may be a few additional things that need to be done for this to begin – for the initiation of our exchanges – We know that new currency has been printed – we know we’ve got new lower denominations of our monies like 20’s and 50’s that are ready to go out and we think they are going out tomorrow...I am very positive about the fact that it is imminent – I don’t have it necessarily having to wait until after Labor Day Weekend which is this coming weekend – I don’t have that – but to be fair – I don’t have it necessarily starting tomorrow either – to be completely candid...
9-2-2021 Newshound/Intel Guru Frank26 [Boots-on-ground Firefly TV report] Firefly: On TV again today they did it again. We see several experts saying Iraq is wasting its money. He says the main reason is because there's no small denominations. They're saying if Iraqis were to go and buy something from a store like veggies they must buy a little and get no change back with the current prices, the current exchange rate and the current currency that we have right now...They're saying to us that Iraqi citizens need a smaller note on the street...another guy came out and he's saying the White Papers are supposed to support an economy thus making the smaller notes a reality... Frank: Everything [guru] Walkingstick and I presented to you, this is what they told them on their television today. Do you see it in articles? You will.
9-2-2021 Newshound Guru Pimpy When the first rate change takes place I have a feeling it's going to be a little bit on a low side. Not tool low but let's say it's a $1.74...a bulk of people are gonna go running down there and cash it in because they want to hurry up and do that...if you have enough dinar to do this I say you take enough down there to pay off your bills, to get enough money to live very very comfortably and then hold on to some. Exchange rates are going to keep going up because they're much stronger country than Kuwait is. This is going to be the trading Mecca of the Middle East. There's no doubt about it.
9-2-2021 Intel Guru Rod Steele ...there are rates popping up again. We saw some rates on screens yesterday. They had gone live on some of the bank screens. And there was even some global markets for a few minutes that came up and disappeared. What I was showing was dong was remaining consistent at a minimum of .47 cents up to $2.37...Dinar ran from $3.85 and up to $20.00.
9-2-2021 Newshound Guru Kaperoni The only way that dinar can go up in value is for them to float the currency gradually over time. Doing so would allow them to not only reduce the currency in circulation, but allow it to go up in value gradually to counter any inflationary pressure created from economic success.
9-2-2021 Intel Guru MarkZ ...we are seeing a lot of changes as they are adjusting rates... also had a couple bankers reach out to me today and they are seeing different rates. Rates are popping in and popping off the screens. They are seeing the Iraqi dinar popping in and out and its not normally on the screens at all…so this is interesting. They are also seeing fluctuations in the Kuwait dinar…this has been sliding up into the low to mid teens…..they have not seen anything pop over the $15 range yet. This should tell you there is movement because we have always been told that the Iraqi dinar rate will be close to the Kuwaiti Dinar or on parity with it…
9-2-2021 Newshound Guru Desert Advisor Article "Minister of Finance Ali Abdul-Amir Allawi confirmed that the process of changing the dollar exchange rate contributed to reforming the economic system" Changing the dollar exchange rate? Read that? They changed the dollar exchange rate? Well what is it? They haven't told us...they reformed their banking system already...within three weeks a new budget...they changed the exchange rate but they having said what it is.
9-2-2021 Intel Guru Frank26 Article "Proposal to digitally reintroduce small denominations" What's that say? ...6 or 7 articles show you just raised the value of your currency? Why? If you raise the value of your currency it will not work with the 3 zero notes. You'd have to introduce another denomination... Quote "Central bank to digitally reintroduce small denominations, which would proved sums for the public, after amending the digital banking system." They're telling the citizens the new small category notes {NSCN's] will come after [The RI/rate change]...they will coexist [with 3 zero notes]...
9-2-2021 Intel Guru Bruce ...there may be a few additional things that need to be done for this to begin – for the initiation of our exchanges – We know that new currency has been printed – we know we’ve got new lower denominations of our monies like 20’s and 50’s that are ready to go out and we think they are going out tomorrow...I am very positive about the fact that it is imminent – I don’t have it necessarily having to wait until after Labor Day Weekend which is this coming weekend – I don’t have that – but to be fair – I don’t have it necessarily starting tomorrow either – to be completely candid...
9-2-2021 Newshound/Intel Guru Frank26 [Boots-on-ground Firefly TV report] Firefly: On TV again today they did it again. We see several experts saying Iraq is wasting its money. He says the main reason is because there's no small denominations. They're saying if Iraqis were to go and buy something from a store like veggies they must buy a little and get no change back with the current prices, the current exchange rate and the current currency that we have right now...They're saying to us that Iraqi citizens need a smaller note on the street...another guy came out and he's saying the White Papers are supposed to support an economy thus making the smaller notes a reality... Frank: Everything [guru] Walkingstick and I presented to you, this is what they told them on their television today. Do you see it in articles? You will.
9-2-2021 Newshound Guru Pimpy When the first rate change takes place I have a feeling it's going to be a little bit on a low side. Not tool low but let's say it's a $1.74...a bulk of people are gonna go running down there and cash it in because they want to hurry up and do that...if you have enough dinar to do this I say you take enough down there to pay off your bills, to get enough money to live very very comfortably and then hold on to some. Exchange rates are going to keep going up because they're much stronger country than Kuwait is. This is going to be the trading Mecca of the Middle East. There's no doubt about it.
9-2-2021 Intel Guru Rod Steele ...there are rates popping up again. We saw some rates on screens yesterday. They had gone live on some of the bank screens. And there was even some global markets for a few minutes that came up and disappeared. What I was showing was dong was remaining consistent at a minimum of .47 cents up to $2.37...Dinar ran from $3.85 and up to $20.00.
9-2-2021 Newshound Guru Kaperoni The only way that dinar can go up in value is for them to float the currency gradually over time. Doing so would allow them to not only reduce the currency in circulation, but allow it to go up in value gradually to counter any inflationary pressure created from economic success.
9-2-2021 Intel Guru MarkZ ...we are seeing a lot of changes as they are adjusting rates... also had a couple bankers reach out to me today and they are seeing different rates. Rates are popping in and popping off the screens. They are seeing the Iraqi dinar popping in and out and its not normally on the screens at all…so this is interesting. They are also seeing fluctuations in the Kuwait dinar…this has been sliding up into the low to mid teens…..they have not seen anything pop over the $15 range yet. This should tell you there is movement because we have always been told that the Iraqi dinar rate will be close to the Kuwaiti Dinar or on parity with it…
9-2-2021 Newshound Guru Desert Advisor Article "Minister of Finance Ali Abdul-Amir Allawi confirmed that the process of changing the dollar exchange rate contributed to reforming the economic system" Changing the dollar exchange rate? Read that? They changed the dollar exchange rate? Well what is it? They haven't told us...they reformed their banking system already...within three weeks a new budget...they changed the exchange rate but they having said what it is.
9-2-2021 Intel Guru Frank26 Article "Proposal to digitally reintroduce small denominations" What's that say? ...6 or 7 articles show you just raised the value of your currency? Why? If you raise the value of your currency it will not work with the 3 zero notes. You'd have to introduce another denomination... Quote "Central bank to digitally reintroduce small denominations, which would proved sums for the public, after amending the digital banking system." They're telling the citizens the new small category notes {NSCN's] will come after [The RI/rate change]...they will coexist [with 3 zero notes]...
9-2-2021 Intel Guru MarkZ Question "Do you still feel like it will RV?" Absolutely!! 100%. it’s a when not an if...The question now is do we get a full reset or do we get a revaluation of a smaller number of currencies. But I am still looking for it to absolutely happen.
9-2-2021 Intel Guru Bruce We are very close – Iraq is ready – they’ve been ready – they’ve got their in country rate which is going up – they have a new rate the CBI told us that we would have on our front screens – we don’t know what the Dong rate will be but we think it could be close to the Dinar – everything else is going to be a fun surprise for us – I really think we’re going to be in good shape.
9-1-2021 Speicalist Guru BobTheTaxMan Under the new administration we've got there's huge changes that are going on, particularly in the estate tax arena. Anybody who makes over $400,000/$1 million you can expect they are going to be taxed to pieces...[Hopefully that includes everyone who owns dinars!] So there has to be new strategies made and put into place...we anticipate this thing may RV, it may be a short quick opportunity to be able to move in, get it done and get out. What do you need to have to get sure you're going to be relieved from having the hugest taxes possible...? [NOTE: Consult with your tax professionals to get the answers to your unique circumstances at the appropriate time.]
9-1-2021 Intel Guru Flemings What we hear – “money is moving.” What we see – “money of account” is obvious (for some) and verified by bankers. What we feel – all is done, and Tier 4 is next. When though? No one is saying anything definite because no one wants to be caught wrong again. (Likely, they are trying not to attract the rude behavior.)
9-1-2021 Intel/Newshound Guru Frank26 Article "The Iraqi Finance Minister supports the floating of the currency" Quote "The Iraqi currency is floating, but the central bank intervenes from time to time until it places it pithing a certain bar...floating the currency is fully or partially liberalizing the exchange rate..." Let my exchange rate go!!!
9-1-2021 Newshound Guru Pimpy You guys brought to my attention the article in which a Financial Minster of Iraq Allawi says he supports a floating exchange rate which is good...that means the market dictate the value of the Iraqi dinar. That means the Iraq dinar is not pegged to the US dollar any longer. Good. That's what you want. But it's not a true floating exchange rate. That's what we call a managed float or a dirty float. In other words it floats on its own depending on what the market things of it but if it goes too far one way or the other the bank interferes with the rate change and affects it either way - going up or down.
9-2-2021 Intel Guru Bruce We are very close – Iraq is ready – they’ve been ready – they’ve got their in country rate which is going up – they have a new rate the CBI told us that we would have on our front screens – we don’t know what the Dong rate will be but we think it could be close to the Dinar – everything else is going to be a fun surprise for us – I really think we’re going to be in good shape.
9-1-2021 Speicalist Guru BobTheTaxMan Under the new administration we've got there's huge changes that are going on, particularly in the estate tax arena. Anybody who makes over $400,000/$1 million you can expect they are going to be taxed to pieces...[Hopefully that includes everyone who owns dinars!] So there has to be new strategies made and put into place...we anticipate this thing may RV, it may be a short quick opportunity to be able to move in, get it done and get out. What do you need to have to get sure you're going to be relieved from having the hugest taxes possible...? [NOTE: Consult with your tax professionals to get the answers to your unique circumstances at the appropriate time.]
9-1-2021 Intel Guru Flemings What we hear – “money is moving.” What we see – “money of account” is obvious (for some) and verified by bankers. What we feel – all is done, and Tier 4 is next. When though? No one is saying anything definite because no one wants to be caught wrong again. (Likely, they are trying not to attract the rude behavior.)
9-1-2021 Intel/Newshound Guru Frank26 Article "The Iraqi Finance Minister supports the floating of the currency" Quote "The Iraqi currency is floating, but the central bank intervenes from time to time until it places it pithing a certain bar...floating the currency is fully or partially liberalizing the exchange rate..." Let my exchange rate go!!!
9-1-2021 Newshound Guru Pimpy You guys brought to my attention the article in which a Financial Minster of Iraq Allawi says he supports a floating exchange rate which is good...that means the market dictate the value of the Iraqi dinar. That means the Iraq dinar is not pegged to the US dollar any longer. Good. That's what you want. But it's not a true floating exchange rate. That's what we call a managed float or a dirty float. In other words it floats on its own depending on what the market things of it but if it goes too far one way or the other the bank interferes with the rate change and affects it either way - going up or down.
8-31-2021 Intel Guru MarkZ Question "Anything new on the dong…?" Nothing new..still expect the same rate….still expect it to go at the same time…In fact much of what we are hearing rate wise is not expected to change on anything. If something does change…I will let you know.
8-31-2021 Newshound Guru Breitling I still see the rate coming out in the .50 to 60 cent range and then growing from that point. But if the United States doesn't have as much control as they did and somehow we pull more troops out of Iraq you're going to see a de-dollarization and you're going to see them add value to their currency literally overnight. And you need to get out [of the dinar/exchange]. You need to be prepared...it's not going to threaten the revelation of the Iraqi dinar. If anything it's going to quicken it and that's the way you have to look at it.
8-31-2021 Intel Guru Holly Tuesday RV Update: The news I’m hearing is positive! We still need F&P’s to go and that will kick everything off!
8-31-2021 Intel Guru MarkZ According to my banking sources we have a lot of activity. They still believe it will be the 7th for exchanges with notifications as early as Wednesday right now. I am hoping this is accurate. We have been here before so we need to manage our expectations.
8-31-2021 Newshound Guru Kaperoni The two most important facts that everyone should look at when they consider the dinar. 1. How much dinar is in circulation? Answer- well over 42 trillion. 2. What is Iraq worth? Answer- all the minerals in the ground including oil is only around $16 trillion.
8-31-2021 Newshound Guru Pimpy I believe the Iraq dinar rate is going to change for the better. I believe it's going to get back up there. The reason for that is...in comparison of Iraq country to the Kuwait country and if you look at the things that contribute to the value of the dinars, their currencies, you could see that Iraq clearly has more to offer...should have a stronger dollar but right now the Kuwait dinar is the most valuable currency out there...I know the Iraqi dinar is eventually going to catch and pass the value of the Kuwait dinar. If anything it's probably going to be the most valuable currency.
8-31-2021 Newshound/Intel Guru Frank26 Article "The Minister of Finance announces the completion of the preparation of the 2022 budget and comments on the exchange rate change." What?! This is the fourth article saying that they changed the exchange rate...they're telling the 2022 [budget] is of a new dimension. It is something that they've never ever witnessed before. A new exchange rate. Quote "The process of changing the exchange rate was not easy...should have been changed years ago."
8-31-2021 Newshound Guru Breitling I still see the rate coming out in the .50 to 60 cent range and then growing from that point. But if the United States doesn't have as much control as they did and somehow we pull more troops out of Iraq you're going to see a de-dollarization and you're going to see them add value to their currency literally overnight. And you need to get out [of the dinar/exchange]. You need to be prepared...it's not going to threaten the revelation of the Iraqi dinar. If anything it's going to quicken it and that's the way you have to look at it.
8-31-2021 Intel Guru Holly Tuesday RV Update: The news I’m hearing is positive! We still need F&P’s to go and that will kick everything off!
8-31-2021 Intel Guru MarkZ According to my banking sources we have a lot of activity. They still believe it will be the 7th for exchanges with notifications as early as Wednesday right now. I am hoping this is accurate. We have been here before so we need to manage our expectations.
8-31-2021 Newshound Guru Kaperoni The two most important facts that everyone should look at when they consider the dinar. 1. How much dinar is in circulation? Answer- well over 42 trillion. 2. What is Iraq worth? Answer- all the minerals in the ground including oil is only around $16 trillion.
8-31-2021 Newshound Guru Pimpy I believe the Iraq dinar rate is going to change for the better. I believe it's going to get back up there. The reason for that is...in comparison of Iraq country to the Kuwait country and if you look at the things that contribute to the value of the dinars, their currencies, you could see that Iraq clearly has more to offer...should have a stronger dollar but right now the Kuwait dinar is the most valuable currency out there...I know the Iraqi dinar is eventually going to catch and pass the value of the Kuwait dinar. If anything it's probably going to be the most valuable currency.
8-31-2021 Newshound/Intel Guru Frank26 Article "The Minister of Finance announces the completion of the preparation of the 2022 budget and comments on the exchange rate change." What?! This is the fourth article saying that they changed the exchange rate...they're telling the 2022 [budget] is of a new dimension. It is something that they've never ever witnessed before. A new exchange rate. Quote "The process of changing the exchange rate was not easy...should have been changed years ago."
8-29-2021 *** Dinar Guru Update and Reminder *** Winds have really picked up. I suspect the lights will go out soon. If it's quite for a while you'll know why. If you want to use this time to learn a little bit about cryptocurrency and bitcoin you can head over to the crypto updates page by clicking here. It's a lot of new concepts, I've learned a lot so far and there's so much more to learn. Seems like it's the furture so might as well start now! The guru updates will continue below...
8-29-2021 *** Dinar Guru Site Update *** As requested the new cryptocurrency and bitcoin page is up and running. You can get there by clicking "Crypto Updates" in the navigation bar at the top of this page. This is where you'll see the latest information from the most informed Crypto Gurus around the world...Bitcoin just hit $50,000. The similarites between the dinar and crypto are many. Companies and Banks from around the world are investing. With the dinar heating up it appears to be time to pay attention to crypto too.
The latest guru post will continue below....
The latest guru post will continue below....
8-29-2021 *** Dinar Guru News Flash *** A major hurricane is off the coast of Louisiana. Expected landfall is in the next couple of hours. Winds have already picked up. If the lights go out guru posts may be interrupted. Our thoughts and prayers go out to everyone in southern Louisiana. It's gonna be a rough but we're thinking positive. The latest guru posts will continue below....
8-30-2021 *** Dinar Guru News Update *** There's major damage to the Gulf Coast of Louisiana. We're alive and kicking but the blow has been severe. We're limping along. Still don't know the damage to our home. Will keep you posted. Please keep Louisiana in your thoughts and prayers. The guru posts will continue as long as we can below...
8-30-2021 Newshound Guru Beitling So if that region goes kaput and they are no longer on our team we're going to de-dollarize them and they are going to be forced to add value to their currency. That's a big plus for us. But That comes with a major warning. Whatever they come in at you gotta get out. We are not going to let them get rich. If you have trouble believing me go ask Venezuela. Go ask Iran. Go ask these countries we've completely crushed their economies...Do I think that's going to happen? No I really don't... [Post 2 of 2]
8-30-2021 Newshound Guru Breitling Question "Do you believe this withdrawal from Afghanistan will have any impact on the region and how does that affect our anticipated revaluation of the IQD?" What's the ripple effect of what's happening? We don't know yet...as far as Iraq goes it has the opposite effect. People are like 'Oh my God the regions going to go to hell and they're not going to revalue it." You guys, we forced Iraq into the currency that they have. They're also attached to the U.S. dollar. [Post 1 of 2]
8-30-2021 Newshound Guru Pimpy There is a huge summit. I was excited about it. I was hoping to hear some great things about it and of course al my hopes came true...there's a lot of information going on about the summit and it's success...there was a lot of great counties, 9 in total...what they were doing was really wishing Iraq luck and they all support Iraq ready to be on their own...finally have their own sovereignty reinstated. All of them are agreeing to support Iraq...They support the White Paper reforms and they all agreed on different forms of trade and security and education...they whole 9 years. That's what I really was hoping for...
8-30-2021 Intel Guru RVAlready Iraq is going to start selling bonds like most countries do. This should mark the end of the currency auctions and the release of the RV. I'm hoping to see 800 numbers no later than Wednesday. Let's get this show on the road!!!!
8-30-2021 Intel Guru MarkZ I'm definitely hearing the goal is by September 1st for the release. I am being told by the banking side that they don't expect people in th ebanks until the next Tuesday after the long Labor Day weekend. This would put us at Sept 7th
8-30-2021 Intel/Newshound Guru Frank26 Article "Al-Kazemi: The Baghdad conference embodies Iraq's vision of establishing the best relations with its surrounding and the world." Didn't I tell you Iraq would become the central hub? Didn't I tell you Iraq was important to the Middle East...didn't I tell you everybody is counting on Iraq to raise the value of its currency. The phoenix rises from its ashes. This is an amazing article.
8-30-2021 Newshound Guru Pimpy I know there's people out there once again talking about tier 1, tier 2, d1, d2, military intel confirmed this, this person confirmed that person's intel...if you keep saying that something is going to stick against the wall and you keep throwing against it, eventually something, sometime within 20 years it's actually going to stick...so fingers crossed. It's looking good.
8-30-2021 Intel/Newshound Guru Frank26 Frank Article "The collapse of the Iraq Stock Market" Penny stocks you need to sell millions and million of them in order to make a few thousand dollars. How many investors do you know that want to invest their money in something like that...the excitement IMO many of these brokerage outlets are well aware that the Iraqi dinar exchange rate it about to change and because they know that they're pumping a lot of information about the Iraqi dinar into Forex, into Wall Street...everybody knows that they are no longer worthless. This is a very good article...
8-30-2021 Newshound Guru Breitling Question "Do you believe this withdrawal from Afghanistan will have any impact on the region and how does that affect our anticipated revaluation of the IQD?" What's the ripple effect of what's happening? We don't know yet...as far as Iraq goes it has the opposite effect. People are like 'Oh my God the regions going to go to hell and they're not going to revalue it." You guys, we forced Iraq into the currency that they have. They're also attached to the U.S. dollar. [Post 1 of 2]
8-30-2021 Newshound Guru Pimpy There is a huge summit. I was excited about it. I was hoping to hear some great things about it and of course al my hopes came true...there's a lot of information going on about the summit and it's success...there was a lot of great counties, 9 in total...what they were doing was really wishing Iraq luck and they all support Iraq ready to be on their own...finally have their own sovereignty reinstated. All of them are agreeing to support Iraq...They support the White Paper reforms and they all agreed on different forms of trade and security and education...they whole 9 years. That's what I really was hoping for...
8-30-2021 Intel Guru RVAlready Iraq is going to start selling bonds like most countries do. This should mark the end of the currency auctions and the release of the RV. I'm hoping to see 800 numbers no later than Wednesday. Let's get this show on the road!!!!
8-30-2021 Intel Guru MarkZ I'm definitely hearing the goal is by September 1st for the release. I am being told by the banking side that they don't expect people in th ebanks until the next Tuesday after the long Labor Day weekend. This would put us at Sept 7th
8-30-2021 Intel/Newshound Guru Frank26 Article "Al-Kazemi: The Baghdad conference embodies Iraq's vision of establishing the best relations with its surrounding and the world." Didn't I tell you Iraq would become the central hub? Didn't I tell you Iraq was important to the Middle East...didn't I tell you everybody is counting on Iraq to raise the value of its currency. The phoenix rises from its ashes. This is an amazing article.
8-30-2021 Newshound Guru Pimpy I know there's people out there once again talking about tier 1, tier 2, d1, d2, military intel confirmed this, this person confirmed that person's intel...if you keep saying that something is going to stick against the wall and you keep throwing against it, eventually something, sometime within 20 years it's actually going to stick...so fingers crossed. It's looking good.
8-30-2021 Intel/Newshound Guru Frank26 Frank Article "The collapse of the Iraq Stock Market" Penny stocks you need to sell millions and million of them in order to make a few thousand dollars. How many investors do you know that want to invest their money in something like that...the excitement IMO many of these brokerage outlets are well aware that the Iraqi dinar exchange rate it about to change and because they know that they're pumping a lot of information about the Iraqi dinar into Forex, into Wall Street...everybody knows that they are no longer worthless. This is a very good article...
8-29-2021 Intel/Newshound Guru Frank I've got a lot of phone calls recently from people telling me, 'Can you help me get my dinars back?' I told you not to let go of your dinars. 'I know Mr. Frank but I'm scared I can't get my dinars back from this guy. What do I do?' Why did you give your dinars to this man? 'He said he could give me $15 for every dinar.' You believed him? ...
8-29-2021 Intel Guru Petra Question "A little over 2 years ago the Kuwaiti conference was just loaded. 300 contracts had been agreed upon and signed. They were all motivated...we'll protect your money, your equipment, your people, come on. Then all of a sudden they did not fulfill that...nobody came into Iraq. We're talking about 100s and 100s of companies...what is the difference between 2 years ago when they were going to pour in and they just stopped...and now?" They did not have a plan. They did not have the 'white papers' to direct the future of Iraq. That to me was a key ingredient to acquire...they didn't have that back then. So to me they were not ready...
8-29-2021 Newshound Guru Pimpy Shabbibi was pissed off because he was not a fan of their [WTO] monetary policy. He said they did a great job of lowering inflation but it did nothing to help the growth of the economy because the exchange rate was too low...you can see that's where they are now...when people go, 'oh man that rte change is never going to change.' Oh , it's going to change. If he's saying it didn't help with the economic growth because of the exchange rate being too low what the hell do you think that means? Right now they're trying to rebuild. If they really want to boom an economy get people back into work, they're going to have to change the rate of exchange. Sooner or later you need more purchasing power...
8-29-2021 Newshound/Intel Guru Frank26 Article "The minister of Finance announces the completion of the preparation of the 2022 budget and comments on the exchange rate change" How else can they tell you they raised the value! What more do you want? ...they will announce it when it's time. They will announce it to their citizens and you will hear about it. It will be world news across the board. ABC, NBC, CBS...will carry it... Quote "The minister of Finance Allawi...The process of changing the exchange rate was not easy. The dollar exchange rate should have been changed years ago, which reflected something beneficial to reform the economic system." Monetary reform first economic reform 2nd...
8-29-2021 Newshound Guru Breitling Question "I understand Iraq will join the WTO by the end of the year, apparently they have to add value to the dinar before they can join. How true is this?" It's not true at all. They probably will be in the WTO by the end of the year but look at China. They're in the WTO. They're the biggest currency manipulators on the planet...
8-29-2021 Intel Guru Petra Question "A little over 2 years ago the Kuwaiti conference was just loaded. 300 contracts had been agreed upon and signed. They were all motivated...we'll protect your money, your equipment, your people, come on. Then all of a sudden they did not fulfill that...nobody came into Iraq. We're talking about 100s and 100s of companies...what is the difference between 2 years ago when they were going to pour in and they just stopped...and now?" They did not have a plan. They did not have the 'white papers' to direct the future of Iraq. That to me was a key ingredient to acquire...they didn't have that back then. So to me they were not ready...
8-29-2021 Newshound Guru Pimpy Shabbibi was pissed off because he was not a fan of their [WTO] monetary policy. He said they did a great job of lowering inflation but it did nothing to help the growth of the economy because the exchange rate was too low...you can see that's where they are now...when people go, 'oh man that rte change is never going to change.' Oh , it's going to change. If he's saying it didn't help with the economic growth because of the exchange rate being too low what the hell do you think that means? Right now they're trying to rebuild. If they really want to boom an economy get people back into work, they're going to have to change the rate of exchange. Sooner or later you need more purchasing power...
8-29-2021 Newshound/Intel Guru Frank26 Article "The minister of Finance announces the completion of the preparation of the 2022 budget and comments on the exchange rate change" How else can they tell you they raised the value! What more do you want? ...they will announce it when it's time. They will announce it to their citizens and you will hear about it. It will be world news across the board. ABC, NBC, CBS...will carry it... Quote "The minister of Finance Allawi...The process of changing the exchange rate was not easy. The dollar exchange rate should have been changed years ago, which reflected something beneficial to reform the economic system." Monetary reform first economic reform 2nd...
8-29-2021 Newshound Guru Breitling Question "I understand Iraq will join the WTO by the end of the year, apparently they have to add value to the dinar before they can join. How true is this?" It's not true at all. They probably will be in the WTO by the end of the year but look at China. They're in the WTO. They're the biggest currency manipulators on the planet...
8-28-2021 Newshound Guru Pimpy They're not going to be able to do a whole lot of reconstruction if they can't get more purchasing power. Now I'm not promising anything. I have no idea what's in the 2022 budget. People say, 'Do you think the rate change could be in there?' Well yeah I do but that doesn't mean it's gonna be. Stay grounded.
8-28-2021 Newshound Guru MilitiaMan It's exciting times...for this to go down you're going to have to have reconciliation. It looks like they're having reconciliation right before our eyes. That's coming tomorrow [Saturday's Regional Summit]...
8-28-2021 Newshound/Intel Guru Petra I think that's what they're doing tomorrow [Saturday] is opening Iraq to the world IMO. Otherwise why would everybody be showing up? Over the years Iraq has always claimed 'We're going to do something.' Everybody shows up and nothing. It reflects in the 2018 Kuwaiti conference. Billions of dollars on the sidelines and yet Iraq didn't do what they said they were going to do. So everybody backed off. Clearly everybody is showing up because they were told they were going to do something. We are definitely in the nexus. It's an exciting time. I'm more than encouraged... [post 2 of 2]
8-28-2021 Newshound/Intel Guru Petra When we talk about reconciliation [Today's Middle East Summit in Iraq] nothing drives people more together than money. The fact that all these countries are coming together there's definitely a financial component to this meeting. IMO the majority of the meeting is how they all can benefit. All boats rise with the tide. I think the tide is rolling in...the timing of this has been sequential. It's been strategic. Kazemi doesn't do anything until he's basically done it and then he reports on it...all the tools are ready to begin the 'new mechanism' to start and launch the new Iraq. [post 1 of 2....stay tuned]
8-28-2021 Newshound/Intel Gurus Walkingstick & Frank26 They [the new small category notes] will be released to the citizens once the education is more advanced. This education is being done before there is a value, during (when they raise the value) and long after they raise the value/the reinstatement is launched.
8-28-2021 Intel Guru Frank26 Article: "The Iraqi Finance Minister supports the floating of the currency." A float internationally automatically raises a currency's value. Congratulations Iraq. Quote: "Finance Minister...Allawi confirmed on Thursday that he supports floating the currency in a flexible manner." That is a controlled float...When the value goes up please don't go run to the banks... Quote: "floating the currency is fully or partially liberalizing the exchange rate so that the government or the central bank does not interfere in determining it directly, but rather it is automatically released in the currency market through the supply and demand mechanism..."
8-28-2021 Intel Guru Bruce [via WiserNow] ...there was a call between the CBI and Chase bank...Chase is directly affiliated with Rafidian Bank in Iraq (...the largest bank in Iraq)...they are working very close with not only the CBI but the banks where the ATM machines will be...The other person on the call was the US Treasury...the Dinar in country rate...has been traded up and in a very respectful place right now in Iraq and what CBI did was assure...the Treasury and Chase Bank...that the rate would be at such and such a level...in “the coming days”...I believe was scheduled for...THIS Saturday – so we should have that new rate – they should have a true international Dinar that is known and tradeable... there may be reason to think we won’t get started until the first part or the middle of next week...It is very possible...
8-28-2021 Intel Guru Fleming Friday Night Fleming RV Report: Our military intel contact said that he is confirming Mr. Fleming's and other sources reporting that we have reached the seemingly insurmountable summit and our wait is OVER...the news is very positive that we in T4B will finally see this release of exchanges between now and the end of the month next Tue 31 Aug...Everything is ready to start and we are just waiting for the green light for the shotgun start...He said keep in mind that the timing of the RV release has been a MOVING TARGET...He said enjoy your weekend as we are AT THE END!!
8-28-2021 Newshound Guru Breitling Question: "I understand Iraq will join the WTO by the end of the year, apparently they have to add value to the dinar before they can join. How true is this?" It's not true at all. They probably will be in the WTO by the end of the year but look at China. They're in the WTO. They're the biggest currency manipulators on the planet...
8-28-2021 Guest Guru Desert Advisor Article Forex Trading in Iraq - pretty much it allows Forex trading in Iraq. It does not say that Iraq dinar is on the forex trading. So you're not allowed to trade the dinar...but it allows if you're an Iraqi citizen to use Forex trading which is good. That's a step in the right direction...
8-28-2021 Newshound Guru MilitiaMan It's exciting times...for this to go down you're going to have to have reconciliation. It looks like they're having reconciliation right before our eyes. That's coming tomorrow [Saturday's Regional Summit]...
8-28-2021 Newshound/Intel Guru Petra I think that's what they're doing tomorrow [Saturday] is opening Iraq to the world IMO. Otherwise why would everybody be showing up? Over the years Iraq has always claimed 'We're going to do something.' Everybody shows up and nothing. It reflects in the 2018 Kuwaiti conference. Billions of dollars on the sidelines and yet Iraq didn't do what they said they were going to do. So everybody backed off. Clearly everybody is showing up because they were told they were going to do something. We are definitely in the nexus. It's an exciting time. I'm more than encouraged... [post 2 of 2]
8-28-2021 Newshound/Intel Guru Petra When we talk about reconciliation [Today's Middle East Summit in Iraq] nothing drives people more together than money. The fact that all these countries are coming together there's definitely a financial component to this meeting. IMO the majority of the meeting is how they all can benefit. All boats rise with the tide. I think the tide is rolling in...the timing of this has been sequential. It's been strategic. Kazemi doesn't do anything until he's basically done it and then he reports on it...all the tools are ready to begin the 'new mechanism' to start and launch the new Iraq. [post 1 of 2....stay tuned]
8-28-2021 Newshound/Intel Gurus Walkingstick & Frank26 They [the new small category notes] will be released to the citizens once the education is more advanced. This education is being done before there is a value, during (when they raise the value) and long after they raise the value/the reinstatement is launched.
8-28-2021 Intel Guru Frank26 Article: "The Iraqi Finance Minister supports the floating of the currency." A float internationally automatically raises a currency's value. Congratulations Iraq. Quote: "Finance Minister...Allawi confirmed on Thursday that he supports floating the currency in a flexible manner." That is a controlled float...When the value goes up please don't go run to the banks... Quote: "floating the currency is fully or partially liberalizing the exchange rate so that the government or the central bank does not interfere in determining it directly, but rather it is automatically released in the currency market through the supply and demand mechanism..."
8-28-2021 Intel Guru Bruce [via WiserNow] ...there was a call between the CBI and Chase bank...Chase is directly affiliated with Rafidian Bank in Iraq (...the largest bank in Iraq)...they are working very close with not only the CBI but the banks where the ATM machines will be...The other person on the call was the US Treasury...the Dinar in country rate...has been traded up and in a very respectful place right now in Iraq and what CBI did was assure...the Treasury and Chase Bank...that the rate would be at such and such a level...in “the coming days”...I believe was scheduled for...THIS Saturday – so we should have that new rate – they should have a true international Dinar that is known and tradeable... there may be reason to think we won’t get started until the first part or the middle of next week...It is very possible...
8-28-2021 Intel Guru Fleming Friday Night Fleming RV Report: Our military intel contact said that he is confirming Mr. Fleming's and other sources reporting that we have reached the seemingly insurmountable summit and our wait is OVER...the news is very positive that we in T4B will finally see this release of exchanges between now and the end of the month next Tue 31 Aug...Everything is ready to start and we are just waiting for the green light for the shotgun start...He said keep in mind that the timing of the RV release has been a MOVING TARGET...He said enjoy your weekend as we are AT THE END!!
8-28-2021 Newshound Guru Breitling Question: "I understand Iraq will join the WTO by the end of the year, apparently they have to add value to the dinar before they can join. How true is this?" It's not true at all. They probably will be in the WTO by the end of the year but look at China. They're in the WTO. They're the biggest currency manipulators on the planet...
8-28-2021 Guest Guru Desert Advisor Article Forex Trading in Iraq - pretty much it allows Forex trading in Iraq. It does not say that Iraq dinar is on the forex trading. So you're not allowed to trade the dinar...but it allows if you're an Iraqi citizen to use Forex trading which is good. That's a step in the right direction...
8-27-2021 Newshound/Intel Guru Walkingstick [via Frank26] What Kazemi and the CBI are doing right now is for the citizens. The international world as you can see in the articles...already know about the monetary reform because Kazemi is opening the doors for the economic reform. You couldn't have it 2 or 3 years ago because you didn't have the monetary reform which means you didn't have Article VIII to protect those investors. Everybody knows about the monetary reform because they will open the doors to economic reform. They will put a profit not only in Iraq but in the pockets of investors that are dying to come in because they are well secured under Article VIII...
8-27-2021 Newshound Guru Pimpy Article: "Iraq: The Baghdad Summit will be held next Saturday" There's so many good things happening over in Iraq...the more I pay attention to it the more impressive it absolutely looks. Iraq seems to really be stepping out on an international scene. It looks really good...we know there's that meeting that's coming up. We know they have that big conference in Baghdad. There's a lot of countries coming in to talk...to do business. It's exciting...
8-27-2021 Intel Guru Frank26 Article: "Forex Trading in Iraq" I wonder what caused it? International laws, banking laws, article VIII. Quote: 'Forex trading is now possible from Iraq thanks to International brokers accepting Iraqis.' Why would they accept Iraqis? ...These are portable brokers. They never messed with the Iraqi dinar before. Why are you doing this now?
8-27-2021 Intel Guru Holly ...I have consistently said we are waiting for an event to trigger this Rv. We are waiting for the release at our level now. This can happen at any moment for the release and the event. All is imminent and we are in the now moment.
8-27-2021 Newshound Guru MilitiaMan Globally…didn’t the cbi just show us a 33 page announcement? "The second strategic plan…" It has all items in place to go to a market economy...we are game on and about game over!...We are days into the RI, imo...
8-27-2021 Intel Guru Frank26 Article: "Al-Kazemi's advisor reveals the goals of his visit to Kuwait: Attracting investment in the foreground" The international world pours into Iraq because of a sanctioned program rate for their currency...NOT!!! They know what you do not know...two years ago they did not pour in. Last year they did not pour in. This year you can't stop them... The Financial system = The economic prosperity!
8-27-2021 Newshound Guru Pimpy Article: "Iraq: The Baghdad Summit will be held next Saturday" There's so many good things happening over in Iraq...the more I pay attention to it the more impressive it absolutely looks. Iraq seems to really be stepping out on an international scene. It looks really good...we know there's that meeting that's coming up. We know they have that big conference in Baghdad. There's a lot of countries coming in to talk...to do business. It's exciting...
8-27-2021 Intel Guru Frank26 Article: "Forex Trading in Iraq" I wonder what caused it? International laws, banking laws, article VIII. Quote: 'Forex trading is now possible from Iraq thanks to International brokers accepting Iraqis.' Why would they accept Iraqis? ...These are portable brokers. They never messed with the Iraqi dinar before. Why are you doing this now?
8-27-2021 Intel Guru Holly ...I have consistently said we are waiting for an event to trigger this Rv. We are waiting for the release at our level now. This can happen at any moment for the release and the event. All is imminent and we are in the now moment.
8-27-2021 Newshound Guru MilitiaMan Globally…didn’t the cbi just show us a 33 page announcement? "The second strategic plan…" It has all items in place to go to a market economy...we are game on and about game over!...We are days into the RI, imo...
8-27-2021 Intel Guru Frank26 Article: "Al-Kazemi's advisor reveals the goals of his visit to Kuwait: Attracting investment in the foreground" The international world pours into Iraq because of a sanctioned program rate for their currency...NOT!!! They know what you do not know...two years ago they did not pour in. Last year they did not pour in. This year you can't stop them... The Financial system = The economic prosperity!
8-26-21 Newshound Guru Breitling Question: "With all the turmoil this past week, the US pulling out of Afghanistan and now the Taliban is in charge...How does this impact Iraq coming into the international market and potential revaluation of the Iraqi currency?" If Iraq stays in the favor of the United States and favors its markets, it's going to be fine. Even with a little turmoil coming from Iran because they're in Iraq already. It's not the type of threat people think it is for Iraq or the currency.
8-26-2021 Guest Guru Desert Advisor I heard about the ATMS a while ago. This isn't breaking news. However over the past week there's been gurus and military intel...I focus on things that we could see and touch...I need hard facts. I haven't seen anything to suggest that these new ATMs are related to the reinstatement or have the new notes and the old notes. I haven't seen anything of that nature. But I'm going to show you what I found. Article quote: 'International Development Bank, where a contract was made to purchase and support more than 300 advanced ATMs...' So they're getting new ATMs. Make what you want about that...
8-26-2021 Intel Guru Holly Thursday Rv News: If you remember one thing on this journey, this is event driven not date driven. Dates are targets when they want this to happen, but if the event has not happened then it moves out further. All is ready for the go and we wait until the green light at our level is given. There is more and people being quiet which is a very good sign...The end is near...
8-26-2021 Newshound/Intel Guru Walkingstick [via Guru Frank26] The specimens/samples of the new small category notes were sent to the international banks and they received them in sheet forms or book forms but now the specimens/samples are being sent to the CBI banks to practice with and prepare to use them as an example to the citizens...
8-26-2021 Newshound Guru Pimpy the less dinars you get for your U.S. dollar that's better for us. That means the dinar is strengthening. It strengthens all the way to the point where you get more U.S. dollars for your dinar. That's what you want to see start happening. That's the direction we want to go into. You don't want them to devalue the dinar. You want them to increase the value.
8-26-2021 Intel Guru Frank26 Article: "The Governor of the Central Bank confirms the provision of the necessary infrastructure to advance the reality of financial inclusion" What does inclusion mean? To be part of. What does financial mean? Their monetary reform. What does reality mean? The exchange rate that will be able to do the economic reforms. This article is so powerful. IMO they're telling you the reality of monetary reform is being included in our economic reform, in our budgets, in everything that we're doing in the country...it's all there.
8-26-2021 Newshound/Intel Guru Petra Yes…the countdown has begun imo...The international party in Baghdad is on the 28th? Lots of interesting things at bay! … So why are they all coming? Kings, Magistrates, Prime Ministers, Central Bank Governors…not their representatives…them! Why? You all know!… We are not calling that specific day. No dates...but close before or after this meeting has key logic to it!...
8-26-2021 Guest Guru Desert Advisor I heard about the ATMS a while ago. This isn't breaking news. However over the past week there's been gurus and military intel...I focus on things that we could see and touch...I need hard facts. I haven't seen anything to suggest that these new ATMs are related to the reinstatement or have the new notes and the old notes. I haven't seen anything of that nature. But I'm going to show you what I found. Article quote: 'International Development Bank, where a contract was made to purchase and support more than 300 advanced ATMs...' So they're getting new ATMs. Make what you want about that...
8-26-2021 Intel Guru Holly Thursday Rv News: If you remember one thing on this journey, this is event driven not date driven. Dates are targets when they want this to happen, but if the event has not happened then it moves out further. All is ready for the go and we wait until the green light at our level is given. There is more and people being quiet which is a very good sign...The end is near...
8-26-2021 Newshound/Intel Guru Walkingstick [via Guru Frank26] The specimens/samples of the new small category notes were sent to the international banks and they received them in sheet forms or book forms but now the specimens/samples are being sent to the CBI banks to practice with and prepare to use them as an example to the citizens...
8-26-2021 Newshound Guru Pimpy the less dinars you get for your U.S. dollar that's better for us. That means the dinar is strengthening. It strengthens all the way to the point where you get more U.S. dollars for your dinar. That's what you want to see start happening. That's the direction we want to go into. You don't want them to devalue the dinar. You want them to increase the value.
8-26-2021 Intel Guru Frank26 Article: "The Governor of the Central Bank confirms the provision of the necessary infrastructure to advance the reality of financial inclusion" What does inclusion mean? To be part of. What does financial mean? Their monetary reform. What does reality mean? The exchange rate that will be able to do the economic reforms. This article is so powerful. IMO they're telling you the reality of monetary reform is being included in our economic reform, in our budgets, in everything that we're doing in the country...it's all there.
8-26-2021 Newshound/Intel Guru Petra Yes…the countdown has begun imo...The international party in Baghdad is on the 28th? Lots of interesting things at bay! … So why are they all coming? Kings, Magistrates, Prime Ministers, Central Bank Governors…not their representatives…them! Why? You all know!… We are not calling that specific day. No dates...but close before or after this meeting has key logic to it!...
8-25-2021 Intel Guru Bruce [via WiserNow] ...it has been relatively quiet out there and for a reason – in fact – it’s so quiet that I have been asked to lay low so to speak – when it comes to talking about currency / exchanges / rates / a lot of these things are triggering algorithms with key words and so on - and they’re listening – monitoring and so I don’t want to get in trouble so I am going to be careful about what I choose for words...we are getting down to the wire I believe...we believe the process is moved along far enough to where we could be looking at notifications...
8-25-2021 Intel Guru Frank26 Two years ago International banks got [new dinar note] 'specimens'. Yes. Now all the banks in Iraq are getting the 'specimens' to display for the citizens... [See Guru Walkingstick's post below for more details about the 'specimens']
8-25-2021 Newshound Guest Guru Desert Advisor This [Iraqi dinar revaluation] wouldn't be so crazy, well it kind of would be crazy if this didn't happen this year - Gamestop was up a thousand percent return this year. A thousand percent for Gamestop? People don't even go buy video games no more. You just download it straight to your computer/game console...Dogecoin...4,821 percent return. Seeing stocks go up, crypto currencies go up, I wouldn't not be in the least surprised to see currencies go up... Iraq looks very strong. Very very strong.
8-25-2021 Newshound Guru Breitling Question: "What are the chances of what occurred in Afghanistan can/will happen in Iraq? WTO or IMF froze all of Afghanistan's government access to their funds." If Iraq goes the way of Afghanistan the IMF and the WTO freezes Iraq's assets Iraq is going to have to revalue their currency. And you need to get out as quickly as possible if they do that, whatever the rate get out because it's going to go to nothing. You want an example? Venezuela.
8-25-2021 Newshound/Intel Guru Walkingstick & Frank26 The ATM machines and these [new denomination] notes...that are going to be arriving at banks very soon, it's all being coordinated. They're pushing the citizens to get into the banks to open up accounts...the [new note] 'specimens' are not for the ATM machines. That's why they're not in there. They're not legal tender... [See Guru Frank26 and Guru Walkingstick's posts from yesterday for more details.]
8-25-2021 Intel Guru Holly Wednesday Rv News: The news is very positive we will see this blessing this week or by the end of this month, which is Tuesday.
8-25-2021 Newshound Guru Pimpy There's no redemption centers. There's no 800 numbers. There's no military intel. The military don't got crap to do with it...there's no Tier one, tier two. There's no 'back screens'. Nobody has changed the rate...we talk about the different things that affect currencies and that's all currencies not just the dinar. We know what affect it and we pay attention to it to see if Iraq is on track. And they are.
8-25-2021 Intel Guru Frank26 The ATM machines, the old ones, they're online. The new ones, they're not online yet. The old ATM machines, they actually have the software of the new small category notes and they have the software of the 3 zero notes. The new ATM machines...thousands and thousands of them, they have the software for the new small category notes but they don't have it for the 3 zero notes. Iraqi citizens you're running out of time. The new ATM machines will be loaded with the new small category notes...they will eventually be online with the new exchange rate, with the new small category notes and the timing of the ATM machines and these [new note] "specimens" IMO is being coordinated... [Reference Guru Frank26 News Article 8-24-2021 below]
8-25-2021 Intel Guru MarkZ [via PDK] ... a cool banking story...So this person called a JP Morgan office in Florida to specifically ask about the currencies. They took a message and then called him back...Long story short…They asked how much he had and told him he will be very pleased and to expect a call back from them early next week or late this week. I have had a number of those bank stories lately...A number of these calls happened the end of last week and beginning of this week and we are only at Tuesday now...I firmly believe in my heart of hearts we will get our reset soon...
8-25-2021 Intel Guru Frank26 Two years ago International banks got [new dinar note] 'specimens'. Yes. Now all the banks in Iraq are getting the 'specimens' to display for the citizens... [See Guru Walkingstick's post below for more details about the 'specimens']
8-25-2021 Newshound Guest Guru Desert Advisor This [Iraqi dinar revaluation] wouldn't be so crazy, well it kind of would be crazy if this didn't happen this year - Gamestop was up a thousand percent return this year. A thousand percent for Gamestop? People don't even go buy video games no more. You just download it straight to your computer/game console...Dogecoin...4,821 percent return. Seeing stocks go up, crypto currencies go up, I wouldn't not be in the least surprised to see currencies go up... Iraq looks very strong. Very very strong.
8-25-2021 Newshound Guru Breitling Question: "What are the chances of what occurred in Afghanistan can/will happen in Iraq? WTO or IMF froze all of Afghanistan's government access to their funds." If Iraq goes the way of Afghanistan the IMF and the WTO freezes Iraq's assets Iraq is going to have to revalue their currency. And you need to get out as quickly as possible if they do that, whatever the rate get out because it's going to go to nothing. You want an example? Venezuela.
8-25-2021 Newshound/Intel Guru Walkingstick & Frank26 The ATM machines and these [new denomination] notes...that are going to be arriving at banks very soon, it's all being coordinated. They're pushing the citizens to get into the banks to open up accounts...the [new note] 'specimens' are not for the ATM machines. That's why they're not in there. They're not legal tender... [See Guru Frank26 and Guru Walkingstick's posts from yesterday for more details.]
8-25-2021 Intel Guru Holly Wednesday Rv News: The news is very positive we will see this blessing this week or by the end of this month, which is Tuesday.
8-25-2021 Newshound Guru Pimpy There's no redemption centers. There's no 800 numbers. There's no military intel. The military don't got crap to do with it...there's no Tier one, tier two. There's no 'back screens'. Nobody has changed the rate...we talk about the different things that affect currencies and that's all currencies not just the dinar. We know what affect it and we pay attention to it to see if Iraq is on track. And they are.
8-25-2021 Intel Guru Frank26 The ATM machines, the old ones, they're online. The new ones, they're not online yet. The old ATM machines, they actually have the software of the new small category notes and they have the software of the 3 zero notes. The new ATM machines...thousands and thousands of them, they have the software for the new small category notes but they don't have it for the 3 zero notes. Iraqi citizens you're running out of time. The new ATM machines will be loaded with the new small category notes...they will eventually be online with the new exchange rate, with the new small category notes and the timing of the ATM machines and these [new note] "specimens" IMO is being coordinated... [Reference Guru Frank26 News Article 8-24-2021 below]
8-25-2021 Intel Guru MarkZ [via PDK] ... a cool banking story...So this person called a JP Morgan office in Florida to specifically ask about the currencies. They took a message and then called him back...Long story short…They asked how much he had and told him he will be very pleased and to expect a call back from them early next week or late this week. I have had a number of those bank stories lately...A number of these calls happened the end of last week and beginning of this week and we are only at Tuesday now...I firmly believe in my heart of hearts we will get our reset soon...
8-24-2021 Newshound Guru Breitling Question: "Is there any truth to what I read that Iraq people are being educated to the change taking place in regarding the monetary system?" Yes, the future change they are. That's exactly what's happening. They're not talking about rates or anything like that but they're talking about how to participate in the economy more and what's going to happen when there's international trade...guys that only happens when they have their own currency and when there's value added to it...
8-24-2021 Intel Guru MarkZ [via PDK] I do have a DHS contact who said they believed it will happen no later than the Labor Day weekend which is right around the corner. I tend to think it will be earlier based on the chatter I am getting. I did touch base with one of my Iraqi contacts and they believe they will see their new rates there in the month of August before Sept. 1st. He works within the government so this is fantastic.
8-24-2021 Intel Guru Holly Tuesday RV Update: Where are we today, They are still moving through the higher levels and it is making its way to us. One thing I have learned on this journey is it is a very slow moving process. Until the flood gates open it will not happen fast. Patience is necessary as it works it way down to us. It could be this week or next week but the good news is it is moving and getting to us!
8-24-2021 Intel Guru Fleming Mr Fleming’s sources reported: Just heard that REDEMPTION CENTERS are seeing people to exchange only IQD [today Tue 24 Aug]. . .There are big exchanges going on right now, today [Tue 24 Aug], Dinar only, with Chase Bank. Friends and family going in now, to exchange, with Redemption Center in Grand Rapids, MI [and other redemption centers]. Recipients receive USN credit today [Tue 24 Aug], to convert to spendable [cash] tomorrow [Wed 25 Aug]... T4B’s turn is coming this week.
8-24-2021 Intel Guru Frank26 Article: "The International Development Bank buys more than 300 advanced ATMs from CBM" And there are thousands more coming...now! Quote: 'State-of-the-art'. They're all International Development Bank ready. Dear God that's article VIII. They don't need to tell you they're article VIII, they're demonstrating it.
8-24-2021 Intel Guru MarkZ [via PDK] This is shaping up to be an important week for all of us...My currency groups that had been hopes of a release in cash have been told it would be Tuesday or Wednesday of this week. So hopefully we will see something.
8-24-2021 Newshound Guru Pimpy What's going on over in Iraq is very good. There's a lot of good things happening. I'm excited to watch it. If they continue down the path that they're on I really do see the rate change happening whether it happens overnight or it happens in increments it doesn't make a difference...
8-24-2021 Newshound/Intel Gurus Walkingstick & Frank26 IMO the CBI and the supreme committees that they are meeting with, they're showing them the actual dinar. They need to know. The CBI...are the one that are showing it to the supreme committees. Who do you think this 'supreme committees' are? They represent all the banks in Iraq...two or three years ago specimens/samples were sent out in book form to all these banks...but right now in the meetings...they're using the actual currency...they are in sheet forms...they're stamped specimens. No one can use them. They are going to display them or they're going to show them to the customers of the banks...it is unknown when they will arrive at these banks to be displayed on their boards...
8-24-2021 Intel Guru MarkZ [via PDK] [Rumors out there of a dinar rate of $19.80.] I do not believe that is accurate… They have seen those high rates on bank screens…rates keep changing still…we have seen all kinds of things…but I do not think it is realistic. Could it be true? I guess it could be…. There is a video I have shared thousands of times from Dr. Shabibi…he says the country could support a dinar rate in the $20’s based on their assets.
8-24-2021 Intel Guru Fleming Our military intel contact said the codes were entered even though senior bankers at WF, Chase, BoA, etc will not know anything about it until the final lockdown of rates and protocols happens any moment going forward and until the bankers get the go from UST (& DoD) to start T4B this week...He said his info is THIS IS OUR WEEK, IT REALLY IS...DoD and UST are practically guaranteeing the start no later than next Tue 31 Aug...
8-24-2021 Intel Guru MarkZ [via PDK] I do have a DHS contact who said they believed it will happen no later than the Labor Day weekend which is right around the corner. I tend to think it will be earlier based on the chatter I am getting. I did touch base with one of my Iraqi contacts and they believe they will see their new rates there in the month of August before Sept. 1st. He works within the government so this is fantastic.
8-24-2021 Intel Guru Holly Tuesday RV Update: Where are we today, They are still moving through the higher levels and it is making its way to us. One thing I have learned on this journey is it is a very slow moving process. Until the flood gates open it will not happen fast. Patience is necessary as it works it way down to us. It could be this week or next week but the good news is it is moving and getting to us!
8-24-2021 Intel Guru Fleming Mr Fleming’s sources reported: Just heard that REDEMPTION CENTERS are seeing people to exchange only IQD [today Tue 24 Aug]. . .There are big exchanges going on right now, today [Tue 24 Aug], Dinar only, with Chase Bank. Friends and family going in now, to exchange, with Redemption Center in Grand Rapids, MI [and other redemption centers]. Recipients receive USN credit today [Tue 24 Aug], to convert to spendable [cash] tomorrow [Wed 25 Aug]... T4B’s turn is coming this week.
8-24-2021 Intel Guru Frank26 Article: "The International Development Bank buys more than 300 advanced ATMs from CBM" And there are thousands more coming...now! Quote: 'State-of-the-art'. They're all International Development Bank ready. Dear God that's article VIII. They don't need to tell you they're article VIII, they're demonstrating it.
8-24-2021 Intel Guru MarkZ [via PDK] This is shaping up to be an important week for all of us...My currency groups that had been hopes of a release in cash have been told it would be Tuesday or Wednesday of this week. So hopefully we will see something.
8-24-2021 Newshound Guru Pimpy What's going on over in Iraq is very good. There's a lot of good things happening. I'm excited to watch it. If they continue down the path that they're on I really do see the rate change happening whether it happens overnight or it happens in increments it doesn't make a difference...
8-24-2021 Newshound/Intel Gurus Walkingstick & Frank26 IMO the CBI and the supreme committees that they are meeting with, they're showing them the actual dinar. They need to know. The CBI...are the one that are showing it to the supreme committees. Who do you think this 'supreme committees' are? They represent all the banks in Iraq...two or three years ago specimens/samples were sent out in book form to all these banks...but right now in the meetings...they're using the actual currency...they are in sheet forms...they're stamped specimens. No one can use them. They are going to display them or they're going to show them to the customers of the banks...it is unknown when they will arrive at these banks to be displayed on their boards...
8-24-2021 Intel Guru MarkZ [via PDK] [Rumors out there of a dinar rate of $19.80.] I do not believe that is accurate… They have seen those high rates on bank screens…rates keep changing still…we have seen all kinds of things…but I do not think it is realistic. Could it be true? I guess it could be…. There is a video I have shared thousands of times from Dr. Shabibi…he says the country could support a dinar rate in the $20’s based on their assets.
8-24-2021 Intel Guru Fleming Our military intel contact said the codes were entered even though senior bankers at WF, Chase, BoA, etc will not know anything about it until the final lockdown of rates and protocols happens any moment going forward and until the bankers get the go from UST (& DoD) to start T4B this week...He said his info is THIS IS OUR WEEK, IT REALLY IS...DoD and UST are practically guaranteeing the start no later than next Tue 31 Aug...
8-23-2021 Intel Guru MarkZ [via PDK] So the good news is they didn’t immediately push it out until Thursday. The expectation is Tuesday or Wednesday of this week...So all we can do is buckle up tight and we will see how this week plays out together.
8-23-2021 Newshound Guru Breitling Question: [What's holding the process back?] There's nothing holding the process back. You're in the middle of the process. It's a natural healthy process...It's tough to revalue a currency...Iraq's currency was devalued for a very good principle and they're going to add value to it for an even better principle. But the math is going to make sense and they're in the process of it.
8-23-2021 Intel Guru Holly Where are we, the news from all my sources is we have crossed a threshold and we have finally arrived at our long awaited time to come to the table. The funds have been flowing through the different levels and they will hit our level this week. ...This week will be the start of many new beginnings!
8-23-2021 Crypto Guru Pimpy Bitcoin up above $48,500. I told you I'm expecting a much much bigger run according to how it was explained to me…when I say a much bigger run - the record is $64,000. That’ the highest...my little genius of a friend who’s been studying this mathematically…swears up and down…that bitcoin is gonna be way up there. I’m almost reluctant to tell you this but you know he’s made a case for why you could be looking at easily 3x times the highest amount before the end of the year…I still don’t trust cryptocurrencies…it’s the government I don’t trust… [NOTE: To see all the latest crypto guru updates click here. You can always reach this page by clicking "Crypto Updates" in the navigation bar at the top of this page.]
8-23-2021 Intel Guru MarkZ [via PDK] I have 3 different large groups that are expecting currency exchanges to start somewhere around 2Pm est today...We will see how that goes. These are contacts in different groups that have no relation to each other. I am hearing the same thing from a number of them. There is a tremendous push...to finish over the next coming days. I do not know if it will happen or not but imo, we will get a lot of static or news on what to expect hitting us today...There certainly is a mad push for it.
8-23-2021 Intel Guru Frank26 Based on what this president of America is doing, Iraq is simply going to say, 'Up yours. We were going to de-peg from you anyways. We are going to be on par with you but we are going to go way past you. So see you later alligator. After while crocodile. Real soon baboon. I'll catcha when they throw-ya.' Says the CBI. Says Kazemi. Kazemi is on fire. Not only against Iran. Not only with protecting the citizens, protection its currency, the economic explosion. Kazemi [sizzle] dude you're on fire!
8-23-2021 Crypto Guru Rekt Capital People who bought bitcoin at $20,000 and held are in profit. People who bought bitcoin at $60,000+ will also be in profit. It’s always been a matter of time and patience. If you have a broad time horizon for you BTC investment, you’ll outperform most of the market. [NOTE: To see all the latest crypto guru updates click here. You can always reach this page by clicking "Crypto Updates" in the navigation bar at the top of this page.]
8-23-2021 Newshound Guru Pimpy Iraq has now launched a campaign and it's going to start marketing its dinar. Yes, they want to get people away from using the US dollar and getting back into using their dinar.
8-23-2021 Newshound Guru MilitiaMan "A REPORT FROM THE CBI "A world summation..." A few random key points: "The addition of the Iraqi dinar currency in a (Buna) platform for Arab payment"; "Linking the Iraqi Stock Exchange with (RTGS) systems"; "The assessment of the Iraqi payment system and its compliance with international standards for financial market infrastructure was completed in cooperation with the World Bank..." This report is going to open some eyes around the world be sure. The cat is out of the bag. imo...they have been at work a long time on the project and the fruits of their labor are about to be shown to the world. This report is imo huge and to be expected at this time frame too...
8-23-2021 Newshound Guru Breitling Question: [What's holding the process back?] There's nothing holding the process back. You're in the middle of the process. It's a natural healthy process...It's tough to revalue a currency...Iraq's currency was devalued for a very good principle and they're going to add value to it for an even better principle. But the math is going to make sense and they're in the process of it.
8-23-2021 Intel Guru Holly Where are we, the news from all my sources is we have crossed a threshold and we have finally arrived at our long awaited time to come to the table. The funds have been flowing through the different levels and they will hit our level this week. ...This week will be the start of many new beginnings!
8-23-2021 Crypto Guru Pimpy Bitcoin up above $48,500. I told you I'm expecting a much much bigger run according to how it was explained to me…when I say a much bigger run - the record is $64,000. That’ the highest...my little genius of a friend who’s been studying this mathematically…swears up and down…that bitcoin is gonna be way up there. I’m almost reluctant to tell you this but you know he’s made a case for why you could be looking at easily 3x times the highest amount before the end of the year…I still don’t trust cryptocurrencies…it’s the government I don’t trust… [NOTE: To see all the latest crypto guru updates click here. You can always reach this page by clicking "Crypto Updates" in the navigation bar at the top of this page.]
8-23-2021 Intel Guru MarkZ [via PDK] I have 3 different large groups that are expecting currency exchanges to start somewhere around 2Pm est today...We will see how that goes. These are contacts in different groups that have no relation to each other. I am hearing the same thing from a number of them. There is a tremendous push...to finish over the next coming days. I do not know if it will happen or not but imo, we will get a lot of static or news on what to expect hitting us today...There certainly is a mad push for it.
8-23-2021 Intel Guru Frank26 Based on what this president of America is doing, Iraq is simply going to say, 'Up yours. We were going to de-peg from you anyways. We are going to be on par with you but we are going to go way past you. So see you later alligator. After while crocodile. Real soon baboon. I'll catcha when they throw-ya.' Says the CBI. Says Kazemi. Kazemi is on fire. Not only against Iran. Not only with protecting the citizens, protection its currency, the economic explosion. Kazemi [sizzle] dude you're on fire!
8-23-2021 Crypto Guru Rekt Capital People who bought bitcoin at $20,000 and held are in profit. People who bought bitcoin at $60,000+ will also be in profit. It’s always been a matter of time and patience. If you have a broad time horizon for you BTC investment, you’ll outperform most of the market. [NOTE: To see all the latest crypto guru updates click here. You can always reach this page by clicking "Crypto Updates" in the navigation bar at the top of this page.]
8-23-2021 Newshound Guru Pimpy Iraq has now launched a campaign and it's going to start marketing its dinar. Yes, they want to get people away from using the US dollar and getting back into using their dinar.
8-23-2021 Newshound Guru MilitiaMan "A REPORT FROM THE CBI "A world summation..." A few random key points: "The addition of the Iraqi dinar currency in a (Buna) platform for Arab payment"; "Linking the Iraqi Stock Exchange with (RTGS) systems"; "The assessment of the Iraqi payment system and its compliance with international standards for financial market infrastructure was completed in cooperation with the World Bank..." This report is going to open some eyes around the world be sure. The cat is out of the bag. imo...they have been at work a long time on the project and the fruits of their labor are about to be shown to the world. This report is imo huge and to be expected at this time frame too...
8-22-2021 Crypto Guru Pimpy Article: “The IMF’s Self-Serving Case Against Bitcoin” Are they attacking cryptocurrencies? Maybe. Let’s think about this, yeah, they want their own central bank digital currency. They don’t want anything to compete against it. That’s one of the things I’m concerned about when it comes to cryptocurrencies…
8-22-2021 Intel Guru Fleming ...Mr Fleming’s sources said, as of 8:39 am PST today Sun 22 Aug for the RV teams to move forward this week, rates could be locked in any time next 24+ hours; for security he cannot give more details except be ready for a busy week for all tiers and payout levels and exchanges...
8-22-2021 Intel Guru Frank26 Kazemi comes back out and again is telling you about the summit at the end of the month and how Iraq is so important to the rest of the Arabic world but of course not at a program rate. He's excited. Notice what he said that this is the place where they're going to tell...you when they're going to do it.
8-22-2021 Newshound Guru Pimpy Over the last couple weeks there are tons and tons of articles, tons of them about a lot of economic opportunity and growth taking place...they have the ability to start building up the private sector even more. That's what we want...that helps strengthen the dinar...
8-22-2021 Crypto Guru Bob Loukas I hold some altcoins, ethereum being easily my second largest position. But you know in general bitcoin is the sun and the alt coins are the satellites and they revolve around the bitcoin cycle, at least they do for now and for this time and where we are today. That may not be the case in the future. I don’t know but for now if the [bitcoin] 4 year cycle is on then good luck picking a [altcoin] winner…
8-22-2021 Newshound Guru Breitling Question: [Will the upcoming [Iraqi] elections or the end of Iraq's fiscal year have any bearing on the revaluation?] No it will not. Iraq is strictly looking at the markets. They're looking at how much they owe. Remember one of the main principles - they want to get out from under the U.S. dollar. Do they want the US dollar? Absolutely they do. But they want to have control of what they can spend and how they spend it and to do that they're going to have to add value to the Iraqi currency.
8-22-2021 Newshound Guru MilitiaMan The convergence of the new notes and the exchange rate needs to be quick and imo seamless. Down to tellers and ATM machines. The talk of the glorious history and it's ancient glory to become again the beacon of light shown to the world is about to be exposed to the not only higher echelons, but, the citizens next, then to the world... It will also be a digitally transformed currency with all the glory of the past. imo... Lets see what this weekend brings us... [post 2 of 2]
8-22-2021 Newshound Guru MilitiaMan ...We all know...that there is to be Monetary and Economic Reforms in tandem that started months ago. This PM is one to make sure everything is in order and timely... The help of the Central Bank and Private Banks is all a part of the implementation of the afore two reform projects. One of which is money. To get to a market economy a new exchange rate will need to be exposed... [post 1 of 2....stay tuned]
8-22-2021 Newshound/Intel Guru Mnt Goat Article: "DIRECTIONS TO DIVERSIFY SOURCES OF INCOME AND INCREASE REVENUE" Yes, Yes, Yes...this is what the World Bank, IMF and the US Treasury has been screaming about for over a decade for them to do.
8-22-2021 Intel Guru Fleming ...Mr Fleming’s sources said, as of 8:39 am PST today Sun 22 Aug for the RV teams to move forward this week, rates could be locked in any time next 24+ hours; for security he cannot give more details except be ready for a busy week for all tiers and payout levels and exchanges...
8-22-2021 Intel Guru Frank26 Kazemi comes back out and again is telling you about the summit at the end of the month and how Iraq is so important to the rest of the Arabic world but of course not at a program rate. He's excited. Notice what he said that this is the place where they're going to tell...you when they're going to do it.
8-22-2021 Newshound Guru Pimpy Over the last couple weeks there are tons and tons of articles, tons of them about a lot of economic opportunity and growth taking place...they have the ability to start building up the private sector even more. That's what we want...that helps strengthen the dinar...
8-22-2021 Crypto Guru Bob Loukas I hold some altcoins, ethereum being easily my second largest position. But you know in general bitcoin is the sun and the alt coins are the satellites and they revolve around the bitcoin cycle, at least they do for now and for this time and where we are today. That may not be the case in the future. I don’t know but for now if the [bitcoin] 4 year cycle is on then good luck picking a [altcoin] winner…
8-22-2021 Newshound Guru Breitling Question: [Will the upcoming [Iraqi] elections or the end of Iraq's fiscal year have any bearing on the revaluation?] No it will not. Iraq is strictly looking at the markets. They're looking at how much they owe. Remember one of the main principles - they want to get out from under the U.S. dollar. Do they want the US dollar? Absolutely they do. But they want to have control of what they can spend and how they spend it and to do that they're going to have to add value to the Iraqi currency.
8-22-2021 Newshound Guru MilitiaMan The convergence of the new notes and the exchange rate needs to be quick and imo seamless. Down to tellers and ATM machines. The talk of the glorious history and it's ancient glory to become again the beacon of light shown to the world is about to be exposed to the not only higher echelons, but, the citizens next, then to the world... It will also be a digitally transformed currency with all the glory of the past. imo... Lets see what this weekend brings us... [post 2 of 2]
8-22-2021 Newshound Guru MilitiaMan ...We all know...that there is to be Monetary and Economic Reforms in tandem that started months ago. This PM is one to make sure everything is in order and timely... The help of the Central Bank and Private Banks is all a part of the implementation of the afore two reform projects. One of which is money. To get to a market economy a new exchange rate will need to be exposed... [post 1 of 2....stay tuned]
8-22-2021 Newshound/Intel Guru Mnt Goat Article: "DIRECTIONS TO DIVERSIFY SOURCES OF INCOME AND INCREASE REVENUE" Yes, Yes, Yes...this is what the World Bank, IMF and the US Treasury has been screaming about for over a decade for them to do.
8-21-2021 Intel Guru Holly Based on the news from yesterday, this coming week we should finally see something getting to our level. Enjoy your weekend and do something fun!
8-21-2021 Intel Guru Fleming The schedule: (Reportedly) banks are training on the exchange protocols this weekend before the start. THE NEW GOLDEN DINAR RATE IS EFFECTIVE AS OF SUNDAY, AUGUST 22, WHEN THE RATE IS SET BY THE BANKS...Remember, now that IRAQ (the RV LINCHPIN) has fallen into place, everything should fall into place, like clockwork.
8-21-2021 Newshound Guru Pimpy There was so much crap going around...everybody talking about their military intelligence and their white hat confidential information told them that for sure this week 1000% it's going to happen. They say this all the time. The same group of people claim that it's already starting to happen, claim they're doing some tier 1 , tier 2 or tier 5 or tier 6 God know what else. You guys stop falling for that...this is why I say stay grounded when it comes to these types of things. There are things out there that you can see that give it great indication the currency is going to change in value...
8-21-2021 Intel Guru Frank26 Common statement - 'Well we think there's two exchange rates.' NO THERE ISN'T! You ever get a phone call, 'Hey, my name is so and so I want you to send me your dinars. I can give you up to $15 dollars per every dinar.' The person on the other end of the phone, oh my goodness, he must be a professor of psychology. He knows that human beings are greedy by nature...How many times did I tell you don't lose sight of your dinars and I keep telling you that because I knew that these people were calling you...there is no way there are two rates...$15 per dinar? How wide is your greed to believe something like that?
8-21-2021 Intel Guru MarkZ [via PDK] There has always been a chance that Iraq and possibly Vietnam could go ahead of the GCR. That they could get tired of waiting on the Global Reset and go ahead and reinstate their currencies. This has always been a possibility. I don’t see it happening, but it is a possibility. I am hearing that there is a solid mad dash push to get a new rate in Iraq by Monday or Tuesday. Will it happen? I don’t know…we have heard this before. Is this coming from credible sources? Absolutely …it’s coming from very credible sources…very plugged in...some are coming from the sandbox itself. Things do look good, they have come so far…they just installed hundreds of new state of the art ATM’s in Iraq over the last 2 weeks. There is a lot going on that is positive.
8-21-2021 New Bitcoin Guru Michael Saylor Article: “Wells Fargo Launches Passive Bitcoin Fund for Wealthy Clients”. Bitcoin is a monetary network growing stronger day by day. Adoption that was optional is becoming essential.
8-21-2021 Newshound Guru Breitling Question: [What are your thoughts on this Article "Parliament Finance Committee - The currency exchange rate will remain the same for the next 5 years"] It means absolutely nothing because this article has come out more than a few times over the last six years. They change the date, change the names...they're 100% full of crap. 1. They wouldn't be able to know one way or the other [years from now]... 2. You're not going to find that smoking gun with an article out there. The principle is that if the people find out there's going to be value added to their currency later they're going to sit on it. They're not going to spend it at today's rate. They're going to save it to spend it at the next day's rate...
8-21-2021 Intel Guru Fleming Our military intel contact is confirming Mr Fleming’s sources saying all behind the scenes are excited at the imminent shotgun release & T4B start between now and next Tue 24 Aug...He confirmed that bankers and redemption center personnel are excited that they may be called in...Sat 21 Aug to start us in T4B then, but any time between now and next Tue 24 Aug is the current window...
8-21-2021 New Crypto Guru Lark Big news today for bitcoin in terms of adoption. We have corporate adoption for bitcoin. We have banking adoption for bitcoin. We have a big new company accepting bitcoin. We even have mortgage adoption which is kind of weird but kind of cool at the same time… Article: “Second-Largest Mortgage Lender in US expects to Accept Bitcoin by Year’s End: CEO” That’s really really freaking cool. I feel like this is a massive massive story because essentially what this is saying is you can pay off your mortgage using bitcoin. That’s a big deal….
8-21-2021 Intel Guru MarkZ [via PDK] [I heard a rate of .11 cents to start for the dong.] That’s been a back and forth about this between our treasury dept. and theirs. They may push forward and release it at .11 cents in a float, which means it will adjust very quickly. Let’s see how this week plays out and hopefully we will see the real value soon. I still believe we will see the dong in the $2 range. But we hear they may “jump the gun” if the reset continues to stall and release the dong at the lower .11 cent rate and let it float to value.
8-21-2021 Intel Guru Fleming The schedule: (Reportedly) banks are training on the exchange protocols this weekend before the start. THE NEW GOLDEN DINAR RATE IS EFFECTIVE AS OF SUNDAY, AUGUST 22, WHEN THE RATE IS SET BY THE BANKS...Remember, now that IRAQ (the RV LINCHPIN) has fallen into place, everything should fall into place, like clockwork.
8-21-2021 Newshound Guru Pimpy There was so much crap going around...everybody talking about their military intelligence and their white hat confidential information told them that for sure this week 1000% it's going to happen. They say this all the time. The same group of people claim that it's already starting to happen, claim they're doing some tier 1 , tier 2 or tier 5 or tier 6 God know what else. You guys stop falling for that...this is why I say stay grounded when it comes to these types of things. There are things out there that you can see that give it great indication the currency is going to change in value...
8-21-2021 Intel Guru Frank26 Common statement - 'Well we think there's two exchange rates.' NO THERE ISN'T! You ever get a phone call, 'Hey, my name is so and so I want you to send me your dinars. I can give you up to $15 dollars per every dinar.' The person on the other end of the phone, oh my goodness, he must be a professor of psychology. He knows that human beings are greedy by nature...How many times did I tell you don't lose sight of your dinars and I keep telling you that because I knew that these people were calling you...there is no way there are two rates...$15 per dinar? How wide is your greed to believe something like that?
8-21-2021 Intel Guru MarkZ [via PDK] There has always been a chance that Iraq and possibly Vietnam could go ahead of the GCR. That they could get tired of waiting on the Global Reset and go ahead and reinstate their currencies. This has always been a possibility. I don’t see it happening, but it is a possibility. I am hearing that there is a solid mad dash push to get a new rate in Iraq by Monday or Tuesday. Will it happen? I don’t know…we have heard this before. Is this coming from credible sources? Absolutely …it’s coming from very credible sources…very plugged in...some are coming from the sandbox itself. Things do look good, they have come so far…they just installed hundreds of new state of the art ATM’s in Iraq over the last 2 weeks. There is a lot going on that is positive.
8-21-2021 New Bitcoin Guru Michael Saylor Article: “Wells Fargo Launches Passive Bitcoin Fund for Wealthy Clients”. Bitcoin is a monetary network growing stronger day by day. Adoption that was optional is becoming essential.
8-21-2021 Newshound Guru Breitling Question: [What are your thoughts on this Article "Parliament Finance Committee - The currency exchange rate will remain the same for the next 5 years"] It means absolutely nothing because this article has come out more than a few times over the last six years. They change the date, change the names...they're 100% full of crap. 1. They wouldn't be able to know one way or the other [years from now]... 2. You're not going to find that smoking gun with an article out there. The principle is that if the people find out there's going to be value added to their currency later they're going to sit on it. They're not going to spend it at today's rate. They're going to save it to spend it at the next day's rate...
8-21-2021 Intel Guru Fleming Our military intel contact is confirming Mr Fleming’s sources saying all behind the scenes are excited at the imminent shotgun release & T4B start between now and next Tue 24 Aug...He confirmed that bankers and redemption center personnel are excited that they may be called in...Sat 21 Aug to start us in T4B then, but any time between now and next Tue 24 Aug is the current window...
8-21-2021 New Crypto Guru Lark Big news today for bitcoin in terms of adoption. We have corporate adoption for bitcoin. We have banking adoption for bitcoin. We have a big new company accepting bitcoin. We even have mortgage adoption which is kind of weird but kind of cool at the same time… Article: “Second-Largest Mortgage Lender in US expects to Accept Bitcoin by Year’s End: CEO” That’s really really freaking cool. I feel like this is a massive massive story because essentially what this is saying is you can pay off your mortgage using bitcoin. That’s a big deal….
8-21-2021 Intel Guru MarkZ [via PDK] [I heard a rate of .11 cents to start for the dong.] That’s been a back and forth about this between our treasury dept. and theirs. They may push forward and release it at .11 cents in a float, which means it will adjust very quickly. Let’s see how this week plays out and hopefully we will see the real value soon. I still believe we will see the dong in the $2 range. But we hear they may “jump the gun” if the reset continues to stall and release the dong at the lower .11 cent rate and let it float to value.
8-20-2021 Intel Guru Bruce [via WiserNow] ...the information we’re getting from the banks is...and this is several sources – plus additional sources – not bank - are talking about us getting notified Monday and starting Tuesday...I wish I could say we could start tomorrow or Saturday but at this point most of the information is pointing towards early next week...we did get some updates on dinar – the rate is well over $20... don’t even think about or worrying about rates at all...I feel good about what we’re hearing even though I was to be honest – disappointed that we didn’t get started today – But I feel like it is right around the corner...
8-20-2021 Intel Guru Holly ...The technical side of things is all complete and working fine. There are many levels of flow before it get to our level. It appears that should be reaching us by the end of this month. Iraq is ready and that rate should be live soon...
8-20-2021 Newshound Guru MilitiaMan They're going to start implementing...that's what they're saying. Implementation means get started - Go. Then therefore you think that they have to have an international calculation and a rate to go with that...I'm looking for a major announcement of some sort ASAP.
8-20-2021 New Crypto Guru Brian Armstrong [CEO of Coinbase]. We recently received board approval to purchase over $500M of crypto on our balance sheet to add to our existing holdings. And we'll be investing 10% of all profit going forward in crypto. I expect this percentage to keep growing over time as the cryptoeconomy matures.
8-20-2021 Intel Guru MarkZ [via PDK] No money movement but we have very good chatter right now. My 2 redemption center contacts say they are on call in hopes of being called in this weekend. They are looking for a very busy week this next week. ...Some folks are looking as far out as mid- September for the RV…I am not. None of my sources are hearing that at all. They all think it is sooner than later.
8-20-2021 Intel Guru Frank26 Iraq is primed. They're already there and they're announcing it. They've worked well with the international world and now they're working with the citizens to get them primed and ready to go as well because once they hand them the new currency and the new rate, oh boy it cannot fail. They're doing a good job. Iraq is back. Iraq is a sovereign country. Iraq is no longer sanctioned...stop worrying about this. You can see that it's happening...
8-20-2021 Intel Guru Fleming Thursday Update: The Sovereign Nation State of Iraq is now a settled nation, with 1 currency. Kuwait has had their debts settled, their Agreements settled, under the World Court, in cooperation with the IMF, and the Kuwait dinar rate of $3.85 is the national rate - to start. The rate of Iraq dinar will shoot straight up like a rocket ship. It's all happened and is now a fait accompli. Congratulations to the Sovereign People of Iraq! This happy news will be announced to the world shortly.
8-20-2021 Intel Guru Holly ...The technical side of things is all complete and working fine. There are many levels of flow before it get to our level. It appears that should be reaching us by the end of this month. Iraq is ready and that rate should be live soon...
8-20-2021 Newshound Guru MilitiaMan They're going to start implementing...that's what they're saying. Implementation means get started - Go. Then therefore you think that they have to have an international calculation and a rate to go with that...I'm looking for a major announcement of some sort ASAP.
8-20-2021 New Crypto Guru Brian Armstrong [CEO of Coinbase]. We recently received board approval to purchase over $500M of crypto on our balance sheet to add to our existing holdings. And we'll be investing 10% of all profit going forward in crypto. I expect this percentage to keep growing over time as the cryptoeconomy matures.
8-20-2021 Intel Guru MarkZ [via PDK] No money movement but we have very good chatter right now. My 2 redemption center contacts say they are on call in hopes of being called in this weekend. They are looking for a very busy week this next week. ...Some folks are looking as far out as mid- September for the RV…I am not. None of my sources are hearing that at all. They all think it is sooner than later.
8-20-2021 Intel Guru Frank26 Iraq is primed. They're already there and they're announcing it. They've worked well with the international world and now they're working with the citizens to get them primed and ready to go as well because once they hand them the new currency and the new rate, oh boy it cannot fail. They're doing a good job. Iraq is back. Iraq is a sovereign country. Iraq is no longer sanctioned...stop worrying about this. You can see that it's happening...
8-20-2021 Intel Guru Fleming Thursday Update: The Sovereign Nation State of Iraq is now a settled nation, with 1 currency. Kuwait has had their debts settled, their Agreements settled, under the World Court, in cooperation with the IMF, and the Kuwait dinar rate of $3.85 is the national rate - to start. The rate of Iraq dinar will shoot straight up like a rocket ship. It's all happened and is now a fait accompli. Congratulations to the Sovereign People of Iraq! This happy news will be announced to the world shortly.
8-19-2021 Intel Guru MarkZ [via PDK] [Is it possible tomorrow could be the RV day?] Absolutely…Any minute now is fair game as we move forward…imo.
8-19-2021 New Crypto Guru Wendy O I was watching an episode with her and when these people came to the west there was a couple…they spoke English but they weren’t able to read. They purchased a piece of property but they were never given a deed because they couldn’t read so they had to get the sheriff involved…the sheriff was like you don’t have a deed and [the couple] are like we can’t read why would I get a deed. That goes to show you how important documents are…proof of ownership for things…even though it’s like way back in the Wild Wild West if you have an NFT to prove ownership that you own this land or property it would be yours forever. [Post 2 of 2]
8-19-2021 Crypto Guru Wendy O Question: [What do you see the future of crypto and the NFT [Non-Fungible Token] sector being like in the next five years? How active do you think that will become in your day-to-day life?] It’s going to be insane. I mean NFT is going to be a game changer in healthcare, real estate, for artists, for musicians. Think of anything that you need to prove ownership of…like a will, legal documents…it provides real ownership…I think that’s a very powerful tool for people…My daughter is so cool she loves this show called Gunsmoke…it’s an old cowboy western… [Post 1 of 2....stay tuned]
8-19-2021 Newshound Guru MilitiaMan The exchange rate will remain the same for the next five years. At a program rate - that's not what they're talking about as far as I'm concerned because that's this phase. The next phase is going international. This is not an internal revaluation. It's going to be an external reinstatement revaluation. IMO that's why they told us they were going to have a directed or a managed float for 5 years. This...is actually 'knock it out of the park BIG' as far as I'm concerned...if they keep it stable that's good for you, me and everybody...
8-19-2021 Newshound/Intel Guru Mnt Goat The news this period is all about implementing the White Paper...The good news is on Wednesday, Finance Minister Ali Abdel Amir Allawi set the priorities of the white paper. The Minister of Finance continues to stress that “one of the priorities of the white paper is the reform of financial management systems. How can they do this without reforming the currency too? As I explained before the CBI is moving ahead with planning for a January 2022 reinstatement. Will they do it? Can they do it?
8-19-2021 Intel Guru MarkZ [via PDK] [Will the situation in Afghanistan change anything timing wise?] No...I see the situation in Afghanistan speeding up, at least the reinstatement of value for the Iraqi dinar. I think they are terrified of a lack of security in the region. Because they have not moved forward with the reinstatement it is causing a lot of tension. They run the risk of losing control of the government that is now in place in Iraq. So if anything it should speed this up…at least on the reinstatement of the dinar if they would go ahead and pull that trigger and not the entire GCR for now. Maybe we could at least see Iraq moving forward. Still great chatter out of Iraq and they are geared up for it…they could pull that trigger at any moment. It would not surprise me to get that call.
8-19-2021 Intel Guru Frank26 [Firefly boots-on-the-ground in Iraq] FIREFLY - The news is showing us Iraq has purchased more than 300 advanced ATM machines. FRANK - ...They want to show you how to use them. They can't tell you it's a new exchange rate. They didn't show you the new currency yet. But they're showing you everything else aren't they buddy! ...BTW they didn't just buy them, they delivered them. FIREFLY - they're telling us these are the most advanced state of the art ATMs an individual can use. FRANK - These ATMs are programed for the new small category notes and the new exchange rate...there's a reason why they're being activated now. You know that reason because they've been explaining it to you for almost two weeks... FIREFLY - ...What they've been saying on TV has never been said to us before as Iraqi citizens...
8-19-2021 Newshound Guru Kaperoni I have stated many times before only with the success of diversifying Iraq's economy and creating a private sector can the dinar go up in value. Iraq has a lot of work to do. There is no RV coming today or tomorrow. Only with the growth of the economy can the dinar appreciate...Raising the value of the dinar is not some arbitrary event, it's a reaction to a country's economic growth and inflation.
8-19-2021 New Crypto Guru Wendy O I was watching an episode with her and when these people came to the west there was a couple…they spoke English but they weren’t able to read. They purchased a piece of property but they were never given a deed because they couldn’t read so they had to get the sheriff involved…the sheriff was like you don’t have a deed and [the couple] are like we can’t read why would I get a deed. That goes to show you how important documents are…proof of ownership for things…even though it’s like way back in the Wild Wild West if you have an NFT to prove ownership that you own this land or property it would be yours forever. [Post 2 of 2]
8-19-2021 Crypto Guru Wendy O Question: [What do you see the future of crypto and the NFT [Non-Fungible Token] sector being like in the next five years? How active do you think that will become in your day-to-day life?] It’s going to be insane. I mean NFT is going to be a game changer in healthcare, real estate, for artists, for musicians. Think of anything that you need to prove ownership of…like a will, legal documents…it provides real ownership…I think that’s a very powerful tool for people…My daughter is so cool she loves this show called Gunsmoke…it’s an old cowboy western… [Post 1 of 2....stay tuned]
8-19-2021 Newshound Guru MilitiaMan The exchange rate will remain the same for the next five years. At a program rate - that's not what they're talking about as far as I'm concerned because that's this phase. The next phase is going international. This is not an internal revaluation. It's going to be an external reinstatement revaluation. IMO that's why they told us they were going to have a directed or a managed float for 5 years. This...is actually 'knock it out of the park BIG' as far as I'm concerned...if they keep it stable that's good for you, me and everybody...
8-19-2021 Newshound/Intel Guru Mnt Goat The news this period is all about implementing the White Paper...The good news is on Wednesday, Finance Minister Ali Abdel Amir Allawi set the priorities of the white paper. The Minister of Finance continues to stress that “one of the priorities of the white paper is the reform of financial management systems. How can they do this without reforming the currency too? As I explained before the CBI is moving ahead with planning for a January 2022 reinstatement. Will they do it? Can they do it?
8-19-2021 Intel Guru MarkZ [via PDK] [Will the situation in Afghanistan change anything timing wise?] No...I see the situation in Afghanistan speeding up, at least the reinstatement of value for the Iraqi dinar. I think they are terrified of a lack of security in the region. Because they have not moved forward with the reinstatement it is causing a lot of tension. They run the risk of losing control of the government that is now in place in Iraq. So if anything it should speed this up…at least on the reinstatement of the dinar if they would go ahead and pull that trigger and not the entire GCR for now. Maybe we could at least see Iraq moving forward. Still great chatter out of Iraq and they are geared up for it…they could pull that trigger at any moment. It would not surprise me to get that call.
8-19-2021 Intel Guru Frank26 [Firefly boots-on-the-ground in Iraq] FIREFLY - The news is showing us Iraq has purchased more than 300 advanced ATM machines. FRANK - ...They want to show you how to use them. They can't tell you it's a new exchange rate. They didn't show you the new currency yet. But they're showing you everything else aren't they buddy! ...BTW they didn't just buy them, they delivered them. FIREFLY - they're telling us these are the most advanced state of the art ATMs an individual can use. FRANK - These ATMs are programed for the new small category notes and the new exchange rate...there's a reason why they're being activated now. You know that reason because they've been explaining it to you for almost two weeks... FIREFLY - ...What they've been saying on TV has never been said to us before as Iraqi citizens...
8-19-2021 Newshound Guru Kaperoni I have stated many times before only with the success of diversifying Iraq's economy and creating a private sector can the dinar go up in value. Iraq has a lot of work to do. There is no RV coming today or tomorrow. Only with the growth of the economy can the dinar appreciate...Raising the value of the dinar is not some arbitrary event, it's a reaction to a country's economic growth and inflation.
8-18-2021 Newshound/Intel Guru Mnt Goat I am still hearing from the CBI itself they are going ahead with a January plans for a reinstatement which means maybe late December for the project to delete the zeros. This is the good news today.
8-18-2021 Intel Guru MarkZ [via PDK] The chatter in Iraq is still solid...We are still in the window and still seeing movement on the historic bond side. So I am still feeling good even though we are not in the banks…yet…
8-18-2021 Intel Guru Bruce [via WiserNow] ...years ago...Dr Shabibi the head of the CBI at the time...at the United Chamber of Commerce meeting in Washington DC back in 2012 - and he said the dinar would support a $16 rate...in US dollars...Now my understanding is that it’s a little closer to $20...we have not seen that rate personally on screen yet...however...I believe that we’re in for a very strong dinar and dong rate and other rates as well...we know that we’re in very good standing right now with what we’re hearing...maybe for our exchanges and certainly for our notifications and possible appointments to be set to go Thursday...I think everything is moving very quickly... [post 2 of 2]
8-18-2021 Intel Guru Bruce [via WiserNow] ...we know a particular bank that is the lead bank by the way...on Saturday...when the bank closed they did a large training...they all were brought up to speed on “everything” – the RV – the GCR – the QFS – the currencies that were going up in value...the rates ...and so on and so on...this went from the top wealth managers all the way down to the teller level...what else occurred last Saturday? Iraq did an official re-instatement of their dinar...the so called RI...“officially” ...we have a revalued dinar and... [post 1 of 2....stay tuned]
8-18-2021 Newshound Guru Petra The reinvestment, the reconstruction and rebuilding of Iraq all begin with the reinstatement...
8-18-2021 Newshound Guru Militiaman the news over the last few months, weeks and days has been quite promising. We're coming to a time frame where the writing is on the wall...some of the things we're seeing is just literally telling us that this is about to change. That comes from all the investors/countries all coming to the table...everything looks golden.
8-18-2021 Intel Guru Frank26 Article quote: "In a statement released by Al Masala in which it announced the launch of a national campaign sponsored by the Central Bank of Iraq to raise the awareness to support the national currency and the Iraqi economy. This campaign aims to shed light on the importance of dealing with the national currency and increasing the citizens confidence in it for the contribution of all sectors to maintaining the exchange rate." Darn right! Every bank. Every sector. Every province...behold! What we told you would happen has happened! [Post 2 of 2]
8-18-2021 Intel Guru Frank26 Article: "The Price of the dollar raises inflation rates to 8 percent...and planning: does not raise fears". [Boots on the ground Firefly's] bank friend said it [massive education campaign] has started. Our key words from Kazemi tell you it has started then today the ones in charge tell you exactly what we told you they would say...welcome to the massive phenomenal campaign of the education of the MR to the citizens of Iraq. Why now? Because the world of Article 8 knows the truth of the true value of the Iraqi dinar! A powerful "release"... [post 1 of 2....stay tuned]
8-18-2021 Intel Guru MarkZ [via PDK] [I see no evidence of an RV coming.] guess you havn’t been paying attention to the news coming out of Iraq…lower denomination training of the Iraqi citizens…or read all the articles and watch the economists talking about the Global Currency Reset, the end of fiat money, new Basel 3 banking requirements…there is so much proof out there…
8-18-2021 Intel Guru MarkZ [via PDK] The chatter in Iraq is still solid...We are still in the window and still seeing movement on the historic bond side. So I am still feeling good even though we are not in the banks…yet…
8-18-2021 Intel Guru Bruce [via WiserNow] ...years ago...Dr Shabibi the head of the CBI at the time...at the United Chamber of Commerce meeting in Washington DC back in 2012 - and he said the dinar would support a $16 rate...in US dollars...Now my understanding is that it’s a little closer to $20...we have not seen that rate personally on screen yet...however...I believe that we’re in for a very strong dinar and dong rate and other rates as well...we know that we’re in very good standing right now with what we’re hearing...maybe for our exchanges and certainly for our notifications and possible appointments to be set to go Thursday...I think everything is moving very quickly... [post 2 of 2]
8-18-2021 Intel Guru Bruce [via WiserNow] ...we know a particular bank that is the lead bank by the way...on Saturday...when the bank closed they did a large training...they all were brought up to speed on “everything” – the RV – the GCR – the QFS – the currencies that were going up in value...the rates ...and so on and so on...this went from the top wealth managers all the way down to the teller level...what else occurred last Saturday? Iraq did an official re-instatement of their dinar...the so called RI...“officially” ...we have a revalued dinar and... [post 1 of 2....stay tuned]
8-18-2021 Newshound Guru Petra The reinvestment, the reconstruction and rebuilding of Iraq all begin with the reinstatement...
8-18-2021 Newshound Guru Militiaman the news over the last few months, weeks and days has been quite promising. We're coming to a time frame where the writing is on the wall...some of the things we're seeing is just literally telling us that this is about to change. That comes from all the investors/countries all coming to the table...everything looks golden.
8-18-2021 Intel Guru Frank26 Article quote: "In a statement released by Al Masala in which it announced the launch of a national campaign sponsored by the Central Bank of Iraq to raise the awareness to support the national currency and the Iraqi economy. This campaign aims to shed light on the importance of dealing with the national currency and increasing the citizens confidence in it for the contribution of all sectors to maintaining the exchange rate." Darn right! Every bank. Every sector. Every province...behold! What we told you would happen has happened! [Post 2 of 2]
8-18-2021 Intel Guru Frank26 Article: "The Price of the dollar raises inflation rates to 8 percent...and planning: does not raise fears". [Boots on the ground Firefly's] bank friend said it [massive education campaign] has started. Our key words from Kazemi tell you it has started then today the ones in charge tell you exactly what we told you they would say...welcome to the massive phenomenal campaign of the education of the MR to the citizens of Iraq. Why now? Because the world of Article 8 knows the truth of the true value of the Iraqi dinar! A powerful "release"... [post 1 of 2....stay tuned]
8-18-2021 Intel Guru MarkZ [via PDK] [I see no evidence of an RV coming.] guess you havn’t been paying attention to the news coming out of Iraq…lower denomination training of the Iraqi citizens…or read all the articles and watch the economists talking about the Global Currency Reset, the end of fiat money, new Basel 3 banking requirements…there is so much proof out there…
8-17-2021 Intel Guru Frank26 Article: "Will the local market's anxiety end with the dollar price in the 2022 budget?" What? Did you not see this? Internet, other gurus, btw bless all you other gurus I pray for you...You know what they're talking about right? Those money exchangers at the borders who...steal money from the Iraqi citizens...there is only one way for it to end. Raise the value of your currency. Let me rephrase that to see if I can get my point across better. Will the jerks stop messing with the exchange rate? Will that be put to an end the moment our 2022 budget is at 1 to 1 with the American dollar? Powerful article.
8-17-2021 Newshound Guru Petra It really would take a PowerPoint presentation to be able to show the alignment of everything that's going on globally right now this week around the world. The tragedy in Afghanistan is one piece (Although I don't believe it's part of what we're looking at)...the timing...the convergence...
8-17-2021 Newshound Guru Militiaman [Iraq is seriously looking to be a part of the G20. You want to comment on that Militiaman?]. Yeah...that doesn't sound far-fetched. If you look at the fact that they have A. A lot of oil. B. They're moving away from the oil to other sources of income which is agriculture and liquid natural gas, mining minerals, tourism and one of the biggest things of all is the the taxes and tariffs from the borders. Those income streams will probably make this country in a very short period of time very wealthy...they were a regional dynamo... where the country is geographically located is a hub for the Middle East...
8-17-2021 Newshound Guru Adam Montana ...there's a lot in the news... Last week, we started seeing signs that the HCL was picking up again. That's still happening, and there's some pretty solid news coming in on the backend over here. Nothing that says "RV by X date", but very encouraging just the same. And this week... Afghanistan. Afghanistan is not Iraq, but anything major that happens in the middle east is worth paying attention to. My understanding of the current situation leads me to believe that we don't need to be overly concerned about our "chances". Everyone stay calm, focused, and of course...GOOOO RRRRRRRRVVVVV...
8-17-2021 Intel Guru MarkZ [via PDK] We have been disappointed before. But, it does appear we are in a good place...At this point I think they are afraid that if they don’t move forward and pull the trigger with all the instability in the region that they will lose all the reforms and progress they have made in Iraq. Of course they are now worried about the infiltration of the Islamic state getting a bigger foothold in Iraq.
8-17-2021 Intel Guru Frank26 Article quote: 'it has been announced...the launch of a national campaign that's sponsored by the CBI to raise awareness to support the national currency and the Iraqi economy.' Holy cow. What more do you need? What did we say? The CBI is about to go on a national massive campaign to educate the citizens about what they're doing with the monetary reform. I mean almost word for word what [Guru] Walkingstick told me to tell you...
8-17-2021 Intel Guru Fleming Monday Night RV Report: This has now been verified Iraq officially kicked off their currency today. Announced in the mosque. On Sunday the DOD authorized the release of the RV in the Pacific Daylight Time Zone (no word on the time.)...
8-17-2021 Intel Guru MarkZ [via PDK] It is RI (Reinstatement) first, Then revaluation, then reset…as I understand it. But the first step is reinstatement and we expect these things to happen in a very compressed timespan. Most people will never notice it’s a “stepped process”.
8-17-2021 Newshound Guru Petra It really would take a PowerPoint presentation to be able to show the alignment of everything that's going on globally right now this week around the world. The tragedy in Afghanistan is one piece (Although I don't believe it's part of what we're looking at)...the timing...the convergence...
8-17-2021 Newshound Guru Militiaman [Iraq is seriously looking to be a part of the G20. You want to comment on that Militiaman?]. Yeah...that doesn't sound far-fetched. If you look at the fact that they have A. A lot of oil. B. They're moving away from the oil to other sources of income which is agriculture and liquid natural gas, mining minerals, tourism and one of the biggest things of all is the the taxes and tariffs from the borders. Those income streams will probably make this country in a very short period of time very wealthy...they were a regional dynamo... where the country is geographically located is a hub for the Middle East...
8-17-2021 Newshound Guru Adam Montana ...there's a lot in the news... Last week, we started seeing signs that the HCL was picking up again. That's still happening, and there's some pretty solid news coming in on the backend over here. Nothing that says "RV by X date", but very encouraging just the same. And this week... Afghanistan. Afghanistan is not Iraq, but anything major that happens in the middle east is worth paying attention to. My understanding of the current situation leads me to believe that we don't need to be overly concerned about our "chances". Everyone stay calm, focused, and of course...GOOOO RRRRRRRRVVVVV...
8-17-2021 Intel Guru MarkZ [via PDK] We have been disappointed before. But, it does appear we are in a good place...At this point I think they are afraid that if they don’t move forward and pull the trigger with all the instability in the region that they will lose all the reforms and progress they have made in Iraq. Of course they are now worried about the infiltration of the Islamic state getting a bigger foothold in Iraq.
8-17-2021 Intel Guru Frank26 Article quote: 'it has been announced...the launch of a national campaign that's sponsored by the CBI to raise awareness to support the national currency and the Iraqi economy.' Holy cow. What more do you need? What did we say? The CBI is about to go on a national massive campaign to educate the citizens about what they're doing with the monetary reform. I mean almost word for word what [Guru] Walkingstick told me to tell you...
8-17-2021 Intel Guru Fleming Monday Night RV Report: This has now been verified Iraq officially kicked off their currency today. Announced in the mosque. On Sunday the DOD authorized the release of the RV in the Pacific Daylight Time Zone (no word on the time.)...
8-17-2021 Intel Guru MarkZ [via PDK] It is RI (Reinstatement) first, Then revaluation, then reset…as I understand it. But the first step is reinstatement and we expect these things to happen in a very compressed timespan. Most people will never notice it’s a “stepped process”.
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8-16-2021 Guest Guru Rod Steele ...Iraq is dealing with corruption in parliament but don't need parliament to push this RV through. Iraq is upset because they still have not RVd and the Prime Minister was on TV for the last few days telling the public as well as begging for those above him to show the true rates and get this done...By the end of the month is still the goal to get this done.
8-16-2021 Intel Guru MarkZ [via PDK] Brent Johnson called me...and told me and said he proofed this with 4 different sources…that Iraq moved forward today to release it…Brent has a number of good sources … This is according to his sources. They believe by mid week we will already have our notice and numbers.
8-16-2021 Intel Guru Frank26 [Iraqi Boots-on-the-ground Firefly TV report] FIREFLY - President Salih just came on TV...he is saying Iraq needs to change their exchange rate, that we have to better ourselves. He says it also must go by the White Paper reforms because it will prosper now... FRANK26 - This is magical. This is phenomenal...Notice that they tell you that they need the exchange rate for the White Papers and budget...they're not censoring truth. They're giving truth. But they don't want the truth to leave their borders...I am very happy to see things smelling so good and coming about...
8-16-2021 Intel Guru Holly Monday RV Update: There should be some forward movement this week, if not this week, this month all should happen. ...As you know it is: A fluid event...If it has not gone then there is good reason it has not gone!
8-16-2021 Newshound Guru MilitiaMan Article: "Parliamentary Finance: Al-Kazemi’s government seeks to enhance the purchasing power of the dinar in the market" Quote: "...the real value of the Iraqi dinar is determined through the exchange of the dollar against the dinar in addition to the purchasing power of the Iraqi dinar and the resulting net goods and services during a certain period..." The currency will maintain is position (value) for the next five years! That means after they change the exchange rate that it will maintain it's position. They are not telling us they intend to go into a market economy with a program rate of 1460. That is not what the WPs [White Papers] are telling us. They are geared to go into a market economy and give purchasing power...they clearly spell it out. imo...They told us they are going to be a direct float or managed, hence, it will not change much over that five year period...imo It is GOLD-N... Oh ya...
8-16-2021 Intel Guru MarkZ [via PDK] We are getting overwhelming number of reports out of Iraq about the education process as they attempt to move forward this week…We will see, but I feel pretty confident that this could be our week.
8-16-2021 Intel Guru Frank26 I'M excited about this month. I don't usually tell you that because usually April and September historically have been very very explosive...maybe towards the end of this month, maybe towards the last week of this August it's going to get hot. It's going to be hot...Let's see what happens. It's exciting. I will admit I like what I'm seeing I really do.
8-16-2021 Newshound/Intel Guru RVAlready Frank [Guru Frank26] is saying that Biden is looking forward to our dinars hitting the UST as reserve currency. Since it is mainly asset backed, it will be a great currency for the UST to hold. Can you say RV soon?!!! [reference Guru Frank26 post 8-15-21]
8-16-2021 Intel Guru MarkZ [via PDK] Brent Johnson called me...and told me and said he proofed this with 4 different sources…that Iraq moved forward today to release it…Brent has a number of good sources … This is according to his sources. They believe by mid week we will already have our notice and numbers.
8-16-2021 Intel Guru Frank26 [Iraqi Boots-on-the-ground Firefly TV report] FIREFLY - President Salih just came on TV...he is saying Iraq needs to change their exchange rate, that we have to better ourselves. He says it also must go by the White Paper reforms because it will prosper now... FRANK26 - This is magical. This is phenomenal...Notice that they tell you that they need the exchange rate for the White Papers and budget...they're not censoring truth. They're giving truth. But they don't want the truth to leave their borders...I am very happy to see things smelling so good and coming about...
8-16-2021 Intel Guru Holly Monday RV Update: There should be some forward movement this week, if not this week, this month all should happen. ...As you know it is: A fluid event...If it has not gone then there is good reason it has not gone!
8-16-2021 Newshound Guru MilitiaMan Article: "Parliamentary Finance: Al-Kazemi’s government seeks to enhance the purchasing power of the dinar in the market" Quote: "...the real value of the Iraqi dinar is determined through the exchange of the dollar against the dinar in addition to the purchasing power of the Iraqi dinar and the resulting net goods and services during a certain period..." The currency will maintain is position (value) for the next five years! That means after they change the exchange rate that it will maintain it's position. They are not telling us they intend to go into a market economy with a program rate of 1460. That is not what the WPs [White Papers] are telling us. They are geared to go into a market economy and give purchasing power...they clearly spell it out. imo...They told us they are going to be a direct float or managed, hence, it will not change much over that five year period...imo It is GOLD-N... Oh ya...
8-16-2021 Intel Guru MarkZ [via PDK] We are getting overwhelming number of reports out of Iraq about the education process as they attempt to move forward this week…We will see, but I feel pretty confident that this could be our week.
8-16-2021 Intel Guru Frank26 I'M excited about this month. I don't usually tell you that because usually April and September historically have been very very explosive...maybe towards the end of this month, maybe towards the last week of this August it's going to get hot. It's going to be hot...Let's see what happens. It's exciting. I will admit I like what I'm seeing I really do.
8-16-2021 Newshound/Intel Guru RVAlready Frank [Guru Frank26] is saying that Biden is looking forward to our dinars hitting the UST as reserve currency. Since it is mainly asset backed, it will be a great currency for the UST to hold. Can you say RV soon?!!! [reference Guru Frank26 post 8-15-21]
8-15-2021 Intel Guru Frank26 This is massive. This [Iraqi TV info] is the massive campaign of education for you Iraqi citizens on your reforms. You can not have the economic reforms without the monetary reform established and calculated. That's what's called the RV - revaluation. It is well done and calculated. You are now in the phase of the RI which will take you into the international market which will add more value to your currency on an international scale as they keep the IQD on par with the American dollar internally. This is called the reinstatement of your currency...When you see other gurus tell you, 'The RV is about to come out...' RUN!! If they truly don't know this is not a revaluation, run away from them!
8-15-2021 Intel Guru MarkZ [via PDK] ...news out of Iraq is really fantastic over the weekend. There is more “on air” education push on lower denominations and exchange rates showing on TV for the Iraqi people. They are talking about lower denominations for everybody…a full blown roll out this week… I am being told they are shooting for it to happen mid to late next week. This is exceptionally exciting news coming from Iraq. There is an over whelming amount of people from the sandbox giving me this news.
8-15-2021 Intel Guru Frank26 Article: "Tinder for supplying the Central Bank with paper money packages" The more we read this and saw these are the three zero notes they're collecting. When they raise the value they know the rest of the three zeros from the citizens are gonna come in. They know [with] your three zeros you're going to run to a bank and exchange them. But they really won't go to the Central Bank [of Iraq]...So we go to Chase Manhattan, Chase Manhattan will...send it to the U.S. Treasury...The crazy thing is Biden IMO is counting on the Iraqi dinar because he can control what's in the treasury...It's really going to blow up our treasury.
8-15-2021 Newshound/Intel Guru Mnt Goat ...I am warning you ahead of time...there is no new rate for an RV in any budget in the past nor will there be in the future.
8-15-2021 Intel Guru MarkZ [via PDK] I am trying to get absolute verification but I have 2 different sources in the last 24 hours with historic funds that claim they have full funding….I have 2 different bond groups that claim “full funding” in the last 24 hours. I am trying to get some kind of visual proof this is true… [So bonds being paid is good for us?] its exceptional…. We always knew that Historic bonds would go right before us... and I have been told to watch the bonds market because they would go before the reset...
8-15-2021 Intel Guru MarkZ [via PDK] ...news out of Iraq is really fantastic over the weekend. There is more “on air” education push on lower denominations and exchange rates showing on TV for the Iraqi people. They are talking about lower denominations for everybody…a full blown roll out this week… I am being told they are shooting for it to happen mid to late next week. This is exceptionally exciting news coming from Iraq. There is an over whelming amount of people from the sandbox giving me this news.
8-15-2021 Intel Guru Frank26 Article: "Tinder for supplying the Central Bank with paper money packages" The more we read this and saw these are the three zero notes they're collecting. When they raise the value they know the rest of the three zeros from the citizens are gonna come in. They know [with] your three zeros you're going to run to a bank and exchange them. But they really won't go to the Central Bank [of Iraq]...So we go to Chase Manhattan, Chase Manhattan will...send it to the U.S. Treasury...The crazy thing is Biden IMO is counting on the Iraqi dinar because he can control what's in the treasury...It's really going to blow up our treasury.
8-15-2021 Newshound/Intel Guru Mnt Goat ...I am warning you ahead of time...there is no new rate for an RV in any budget in the past nor will there be in the future.
8-15-2021 Intel Guru MarkZ [via PDK] I am trying to get absolute verification but I have 2 different sources in the last 24 hours with historic funds that claim they have full funding….I have 2 different bond groups that claim “full funding” in the last 24 hours. I am trying to get some kind of visual proof this is true… [So bonds being paid is good for us?] its exceptional…. We always knew that Historic bonds would go right before us... and I have been told to watch the bonds market because they would go before the reset...
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8-14-2021 Newshound/Intel Guru RVAlready They need to get the RV out to the street before September. End all foot dragging by everyone. Get behind it and push. End of story. Time for parliament to quit lining their pockets, and do something for Iraq .
8-14-2021 Newshound/Intel Guru Mnt Goat ...The Iraqi dinar was ripped off of the foreign currency exchanges namely FOREX on 2003. To get a new rate back they will first need to REINSTATE the currency. When they do they will use the new financial management system devised by the US Treasury in 2011-2012. It calculates the new rates on newer and more fair criteria. They plan to devalue or revalue many different currencies all at once when they roll this out. The banks now can see these new rates since they already have the electronic tie in to this new system...
8-14-2021 Newshound Guru Kaperoni Like I have said numerous times only with the success of Iraq 's economy can the dinar go up in value. It is not a lottery ticket. If and when Iraq decides to create a market economy/private sector and begins to diversify resources away from oil will Iraq begin to succeed. Only then will the dinar begin to go up in value.
8-14-2021 Newshound Guru Walkingstick [via Guru Frank26] The budgets were fake for many years. Now...No! They're well scrutinized, well policed, well balanced, well calculated. They used to be fake. That alone with the misuse of the CBI's auctions the money/wealth of Iraq was just raped. 17 years later it's impressive...Kazemi tells the citizens of Iraq that every future budget from this point onward will be of a new dimension, a better mechanism to serve and protect the citizens of Iraq...
8-14-2021 Intel Guru Frank26 [Iraqi Boots-on-the-ground Firefly TV report cont.] FRANK26 - This has to be the best youbetubee I think I've done. I'm so happy about what I'm sharing with you because it's what we told you that would come about...you have security and stability and that is the exact thing that Dr. Shabibi wanted for both of your reforms...politicians are ugly. They're selfish. This is their trademark but right now it's an advantage to you Iraqi citizens because they're admitting to you...that a change is going to happen to your currency and your exchange rate...they gave us a hard time denying it and now they're supporting it. [post 3 of 3]
8-14-2021 Intel Guru Frank26 [Iraqi Boots-on-the-ground Firefly TV report Cont.] FRANK26 - It's not that it's getting closer...it's that it's already here and it's just being introduced to you...notice that they tell you something about the currency exchange rate...and then they repeat it over and over gain and then they tell you more and they repeat it over and over again. Do you understand the pattern...? FIREFLY - He also said Iraq is missing out on billions by not having their true value exposed to the international world. FRANK26 - You are now in the reinstatement...it is now being revealed. It is now being introduced...they now are ready to reveal to you the new dimension of the CBI's mathematics of your currency. [post 2 of 3....stay tuned]
8-14-2021 Intel Guru Frank26 [Iraqi Boots-on-the-ground Firefly TV report] FIREFLY - The Finance Minister is being interviewed today and he's saying that it's time for Iraq to show the real value of their currency and he's saying Iraq has reached financial stability...and Iraq needs to show their real value to once again be a leader in the Arab world... FRANK - Wow!... Linchpin. FIREFLY - This is a 20-minute interview and they keep replaying...over to us all day. FRANK26 - Wow...everyday they're telling you more and more and admitting more and more because they know what the CBI is about to tell you the citizens of Iraq and then Kazemi will take that new exchange rate and explode your economic reform... [post 1 of 2....stay tuned]
8-14-2021 Newshound Guru MilitiaMan Article quote: "The government has not implemented many articles and paragraphs of the general budget law for the current year until this moment due to the objection and observations of the Ministry of Finance and other ministries on the articles of the law, which led to the delay in its implementation." "Until this moment" they say.. Interesting the 2021 budget is in the news lately...They are not going to keep harming the citizens..imo... Fairly certain then if need be there is an emergency... It is called Article 8 with a new rate...lol We are imo seeing things shape up globally and gearing for a very big event...
8-14-2021 Newshound/Intel Guru Petra Let's be clear...We have never been at this stage before. Too many timed events are occurring that lead us to believe we are in a, as MM [Guru MilitiaMan] said, no turning back scenario...Yes, we are in a very strong and multi-faceted convergence all waiting on one thing!
8-14-2021 Newshound/Intel Guru Mnt Goat ...The Iraqi dinar was ripped off of the foreign currency exchanges namely FOREX on 2003. To get a new rate back they will first need to REINSTATE the currency. When they do they will use the new financial management system devised by the US Treasury in 2011-2012. It calculates the new rates on newer and more fair criteria. They plan to devalue or revalue many different currencies all at once when they roll this out. The banks now can see these new rates since they already have the electronic tie in to this new system...
8-14-2021 Newshound Guru Kaperoni Like I have said numerous times only with the success of Iraq 's economy can the dinar go up in value. It is not a lottery ticket. If and when Iraq decides to create a market economy/private sector and begins to diversify resources away from oil will Iraq begin to succeed. Only then will the dinar begin to go up in value.
8-14-2021 Newshound Guru Walkingstick [via Guru Frank26] The budgets were fake for many years. Now...No! They're well scrutinized, well policed, well balanced, well calculated. They used to be fake. That alone with the misuse of the CBI's auctions the money/wealth of Iraq was just raped. 17 years later it's impressive...Kazemi tells the citizens of Iraq that every future budget from this point onward will be of a new dimension, a better mechanism to serve and protect the citizens of Iraq...
8-14-2021 Intel Guru Frank26 [Iraqi Boots-on-the-ground Firefly TV report cont.] FRANK26 - This has to be the best youbetubee I think I've done. I'm so happy about what I'm sharing with you because it's what we told you that would come about...you have security and stability and that is the exact thing that Dr. Shabibi wanted for both of your reforms...politicians are ugly. They're selfish. This is their trademark but right now it's an advantage to you Iraqi citizens because they're admitting to you...that a change is going to happen to your currency and your exchange rate...they gave us a hard time denying it and now they're supporting it. [post 3 of 3]
8-14-2021 Intel Guru Frank26 [Iraqi Boots-on-the-ground Firefly TV report Cont.] FRANK26 - It's not that it's getting closer...it's that it's already here and it's just being introduced to you...notice that they tell you something about the currency exchange rate...and then they repeat it over and over gain and then they tell you more and they repeat it over and over again. Do you understand the pattern...? FIREFLY - He also said Iraq is missing out on billions by not having their true value exposed to the international world. FRANK26 - You are now in the reinstatement...it is now being revealed. It is now being introduced...they now are ready to reveal to you the new dimension of the CBI's mathematics of your currency. [post 2 of 3....stay tuned]
8-14-2021 Intel Guru Frank26 [Iraqi Boots-on-the-ground Firefly TV report] FIREFLY - The Finance Minister is being interviewed today and he's saying that it's time for Iraq to show the real value of their currency and he's saying Iraq has reached financial stability...and Iraq needs to show their real value to once again be a leader in the Arab world... FRANK - Wow!... Linchpin. FIREFLY - This is a 20-minute interview and they keep replaying...over to us all day. FRANK26 - Wow...everyday they're telling you more and more and admitting more and more because they know what the CBI is about to tell you the citizens of Iraq and then Kazemi will take that new exchange rate and explode your economic reform... [post 1 of 2....stay tuned]
8-14-2021 Newshound Guru MilitiaMan Article quote: "The government has not implemented many articles and paragraphs of the general budget law for the current year until this moment due to the objection and observations of the Ministry of Finance and other ministries on the articles of the law, which led to the delay in its implementation." "Until this moment" they say.. Interesting the 2021 budget is in the news lately...They are not going to keep harming the citizens..imo... Fairly certain then if need be there is an emergency... It is called Article 8 with a new rate...lol We are imo seeing things shape up globally and gearing for a very big event...
8-14-2021 Newshound/Intel Guru Petra Let's be clear...We have never been at this stage before. Too many timed events are occurring that lead us to believe we are in a, as MM [Guru MilitiaMan] said, no turning back scenario...Yes, we are in a very strong and multi-faceted convergence all waiting on one thing!
8-13-2021 Intel Guru Frank26 What's Kuwait's currency valued at right now? It's around $3 and 20 something...that's because Kuwait's currency is trusted internationally. A higher exchange rate is the reward for a currency that obeys the International banking laws. And today, as of now, they [Iraq] has obeyed everything. We are so close. In fact, IMO, toward the end of this month it's going to get pretty hot.
8-13-2021 Intel Guru Bruce [via WiserNow] ...this has definitely been a moving target for us...What I’m doing is the best I can do to bring you the information we call “intel” - the information that I’m hearing from the best sources that we have...overall – we know this thing is moving along...We are supposed to be notified any time from Friday after the markets close all the way through Sunday...so that...we can set appointments for exchanges to start sometime Monday...they do have a contract rate for dinar but not for dong...
8-13-2021 Intel Guru Holly ...We are getting closer everyday...Still hearing good news but the target is always moving. Eventually we will hit the bull’s eye!...
8-13-2021 Intel Guru MarkZ [via PDK] I still hear positive news from Iraq. They are moving forward with their reforms and the white papers which requires a new rate.
8-13-2021 Newshound/Intel Guru Walkingstick [via Gruu Frank26] When the dinar de-pegs and leaves its border and goes outside they raise the value of their currency at 1 to 1 with the American dollar...domestically or internationally it's the same value. There's not two exchange rates...if the Iraqi dinar leaves its country, un-pegs and starts to free float... you've got a lot of articles telling you that's what they're going to do. Let's say all of a sudden it climbs to a value of 2 to 1...What is the value of the dinar inside of Iraq? 2 to 1...there aren't two exchange rates for the Iraqi dinar...when it increases it increases across the board. A dinar is a dinar...it gives Iraqi citizens more purchasing power...this is one of the main priorities of the monetary reform. You're witnessing it. That's what's so exciting about this.
8-13-2021 Intel Guru Frank26 They're talking about floating...Do you know the definition of floating? ...'Floating the local currency'...is to make the exchange rate free from the authority of the state and central bank and it is decided automatically in the currency market through the mechanism of supply and demand...Kazemi and the CBI is telling the citizens what they're doing. This is huge! We told you. You laughed at us. Then they tell you. And you say ok. Now they're telling them again but this time in details...they're going to tell them when they're going to do it, why they raised the value...the exchange rate, how they're going to float the currency, how it's going to go up in value. Behold!
8-13-2021 Newshound/Intel Guru Mnt Goat Article: "THE CENTRAL BANK OF IRAQ .. AND THE PROCESS OF ACHIEVING MONETARY POLICY GOALS" Great article!...Seems to me they achieved monetary stability. So where is the RV then if that is what they needed? ...why do they keep using the excuse they need yet more SECURITY in Iraq? The FACT is the value is in the Iraq dinar already only they are suppressing the rate so that it does not reflect the TRUE value. What at they waiting for?
8-13-2021 Intel Guru Bruce [via WiserNow] ...this has definitely been a moving target for us...What I’m doing is the best I can do to bring you the information we call “intel” - the information that I’m hearing from the best sources that we have...overall – we know this thing is moving along...We are supposed to be notified any time from Friday after the markets close all the way through Sunday...so that...we can set appointments for exchanges to start sometime Monday...they do have a contract rate for dinar but not for dong...
8-13-2021 Intel Guru Holly ...We are getting closer everyday...Still hearing good news but the target is always moving. Eventually we will hit the bull’s eye!...
8-13-2021 Intel Guru MarkZ [via PDK] I still hear positive news from Iraq. They are moving forward with their reforms and the white papers which requires a new rate.
8-13-2021 Newshound/Intel Guru Walkingstick [via Gruu Frank26] When the dinar de-pegs and leaves its border and goes outside they raise the value of their currency at 1 to 1 with the American dollar...domestically or internationally it's the same value. There's not two exchange rates...if the Iraqi dinar leaves its country, un-pegs and starts to free float... you've got a lot of articles telling you that's what they're going to do. Let's say all of a sudden it climbs to a value of 2 to 1...What is the value of the dinar inside of Iraq? 2 to 1...there aren't two exchange rates for the Iraqi dinar...when it increases it increases across the board. A dinar is a dinar...it gives Iraqi citizens more purchasing power...this is one of the main priorities of the monetary reform. You're witnessing it. That's what's so exciting about this.
8-13-2021 Intel Guru Frank26 They're talking about floating...Do you know the definition of floating? ...'Floating the local currency'...is to make the exchange rate free from the authority of the state and central bank and it is decided automatically in the currency market through the mechanism of supply and demand...Kazemi and the CBI is telling the citizens what they're doing. This is huge! We told you. You laughed at us. Then they tell you. And you say ok. Now they're telling them again but this time in details...they're going to tell them when they're going to do it, why they raised the value...the exchange rate, how they're going to float the currency, how it's going to go up in value. Behold!
8-13-2021 Newshound/Intel Guru Mnt Goat Article: "THE CENTRAL BANK OF IRAQ .. AND THE PROCESS OF ACHIEVING MONETARY POLICY GOALS" Great article!...Seems to me they achieved monetary stability. So where is the RV then if that is what they needed? ...why do they keep using the excuse they need yet more SECURITY in Iraq? The FACT is the value is in the Iraq dinar already only they are suppressing the rate so that it does not reflect the TRUE value. What at they waiting for?
8-12-2021 Intel Guru MarkZ [In your opinion When do you think this is going to go?] Listening to my contacts in Iraq they believe its anytime between now and the 20th of August. …one of my contacts work in the CBI so I feel like we are close. …
8-12-2021 Intel Guru Frank26 Article: "Parliamentary Planning: The objections and observations of some ministries disrupted the implementing of the 2021 budget articles". Let me ask you something. Have you ever heard them use the word 'now' especially with the announcement completion of the budget that is about 8 months late? Now? Now means now. I want to tell you things but I can't. It doesn't get any simpler than now means now.
8-12-2021 Newshound/Intel Guru Mnt Goat ...the CBI plans to monitor for inflation for the next couple days or even weeks before they go live on FOREX. We don’t know how long. Nothing is firm. Once they completed the replacement of the lower denominations there is no turning back. They must go to FOREX and the OFAC sanctions from the US Treasury must be lifted. To this date the banks are still telling me they can not touch my dinar until these sanctions are lifted. So this too will be a signal to us that the CBI is moving ahead...
8-12-2021 Intel Guru MarkZ [via PDK] ...they keep putting us off but Banks have to be prepared. If somebody cries “Wolf” , they have to be there in case there really is a wolf. There still has been good progress this week. ...The news continues to be positive in Iraq as they position for something to happen in the month of August...All I can is buckle up…
8-12-2021 Newshound/Intel Guru Walkingstick [via Guru Frank26 In Iraq...a dinar is a dinar. Their goal is to be on par with the American dollar. They may un-peg but they want to be on par with it. When the dinar climbs in value either domestically or internationally it's the same value. A dinar is a dinar. But when the exchange rate increases it increases across the board. A dinar is a dinar. The key is that it gives the Iraqi citizens more purchasing power and that is one of the main priorities of the monetary reform...there's only one rate
8-12-2021 Intel Guru Frank26 Article: "The Parliament Committee to monitor the implementation of the government" It's already been calculated and laws already passed. The 2022 budget is almost done and the 2021 budget has already been activated. The thing is though it was amended for you Iraqi citizens...the 2021 budget is ready now. IMO both the 2021 budget and 2022 budget have the same exchange rate...the 2021 budget is ready. The 2022 budget is being prepared...they're all on a completely different dimension than you've ever seen Iraqi citizens.
8-12-2021 Guest Guru Rod Steele Texas banks folks have still not gone into (work?) at redemption centers. Other banks think it will be later this week, and they are more excited than they have been in a long time. Contacts in DC think its later then the banks do…maybe later on next week…
8-12-2021 Intel Guru Frank26 Article: "Parliamentary Planning: The objections and observations of some ministries disrupted the implementing of the 2021 budget articles". Let me ask you something. Have you ever heard them use the word 'now' especially with the announcement completion of the budget that is about 8 months late? Now? Now means now. I want to tell you things but I can't. It doesn't get any simpler than now means now.
8-12-2021 Newshound/Intel Guru Mnt Goat ...the CBI plans to monitor for inflation for the next couple days or even weeks before they go live on FOREX. We don’t know how long. Nothing is firm. Once they completed the replacement of the lower denominations there is no turning back. They must go to FOREX and the OFAC sanctions from the US Treasury must be lifted. To this date the banks are still telling me they can not touch my dinar until these sanctions are lifted. So this too will be a signal to us that the CBI is moving ahead...
8-12-2021 Intel Guru MarkZ [via PDK] ...they keep putting us off but Banks have to be prepared. If somebody cries “Wolf” , they have to be there in case there really is a wolf. There still has been good progress this week. ...The news continues to be positive in Iraq as they position for something to happen in the month of August...All I can is buckle up…
8-12-2021 Newshound/Intel Guru Walkingstick [via Guru Frank26 In Iraq...a dinar is a dinar. Their goal is to be on par with the American dollar. They may un-peg but they want to be on par with it. When the dinar climbs in value either domestically or internationally it's the same value. A dinar is a dinar. But when the exchange rate increases it increases across the board. A dinar is a dinar. The key is that it gives the Iraqi citizens more purchasing power and that is one of the main priorities of the monetary reform...there's only one rate
8-12-2021 Intel Guru Frank26 Article: "The Parliament Committee to monitor the implementation of the government" It's already been calculated and laws already passed. The 2022 budget is almost done and the 2021 budget has already been activated. The thing is though it was amended for you Iraqi citizens...the 2021 budget is ready now. IMO both the 2021 budget and 2022 budget have the same exchange rate...the 2021 budget is ready. The 2022 budget is being prepared...they're all on a completely different dimension than you've ever seen Iraqi citizens.
8-12-2021 Guest Guru Rod Steele Texas banks folks have still not gone into (work?) at redemption centers. Other banks think it will be later this week, and they are more excited than they have been in a long time. Contacts in DC think its later then the banks do…maybe later on next week…
8-11-2021 Newshound/Intel Guru Mnt Goat But for us as investors we do not replace our out of country holdings on the currency with lower denominations as we are told these three zero notes will be held and used by the banks for inter-banking transactions in the future. So they will be worth lots of money. For instance, in my example: $1.14 x 25,000 note could be worth $28,500 US dollars. If they go to FOREX with a $3.65 rate a 25,000 dinar note could be worth outside of Iraq $91,250 US dollars. No, the Iraqi banks will not get rich overnight as they will have to turn in the larger 3 zero notes to the CBI to get the lower denomination equivalent. Get it? Nobody gives out FREE money. [post 3 of 3]
8-11-2021 Newshound/Intel Guru Mnt Goat So one day we will not just “wake up” and see a new RV rate on FOREX...Instead, the plan of the CBI is first to launch the lower denominations and replace the currency (thus the project to delete the zeros). This is our first sign they are moving ahead. They will then RV the rate very close to a dollar WITHIN Iraq and only within Iraq or maybe just delete the zeros so 1140 becomes $1.14 by just moving decimal over 3 places. Let me say it again – ONLY WITHIN IRAQ! If they do this technically it is not an RV it is just deleting the zeros as the rate is actually the same. Get it?... [post 2 of 3....stay tuned]
8-11-2021 Newshound/Intel Guru Mnt Goat The ONLY indicator of an upcoming RV for us now is to wait and watch for the launching of the project to delete the zeros...The CBI has just recently told me they are on notice within the framework of the White Paper that they will be launching this project. They could not give me a date because they have not yet worked out a firm date within the other projects and timelines...I want to explain how they will launch and roll out this project... [post 1 of 3....stay tuned]
8-11-2021 Intel Guru Bruce [via WiserNow] I am excited about where we are – this is going to be one world of a week for us!! ...where we thought we had a start that might be Thursday at the earliest – if not Friday - now what we are hearing from our upper end number 1 bank personnel is more of tomorrow [Wednesday] or Thursday...Now it may not be tomorrow [Wednesday] – it could be Thursday – either way is a win - and we will take either one – so let’s see what happens in terms of that...Look forward I believe to a wonderful week this week – let’s see how that manifests for us...
8-11-2021 Intel Guru Fleming Our military intel contact can’t say much for security except that he is confirming that all is ready for liquidity release at all levels as of tonight Tue 10 Aug...his info is that this is still really being released this week...this is still our week.
8-11-2021 Newshound/Intel Guru Walkingstick [via Guru Frank26] There is going to be a massive campaign. It will be on television, on billboards, it will be everywhere. The CBI is going to talk to the citizens...
8-11-2021 Intel Guru Holly ...Remember to keep your mouth shut after you exchange...This will be a simple exchange. Nothing to worry about...We are very close...
8-11-2021 Intel Guru Frank26 Article: "A new statement from Parliamentary Finance pushes to change the dollar exchange rate" Might as well drop the mic and walk away...You were saying it wasn't going to go up for years? Why are you singing a new song birdie? Because it's election time... Quote: "we finance committee continue to demand the dollar exchange rate be restored to the old prices." No stupid it's going to be 1 to 1 on par with the American dollar...
8-11-2021 Newshound/Intel Guru Mnt Goat ...today in our news for this period we hear that they have done exactly what Allawi said they would do way back from oct 2020. It is almost 9 months later but they got it done and our now moving head on implementing the White Paper. Boy are they so slow in getting anything done and that is part of their problem. That is why we wait for the RV so long.
8-11-2021 Newshound/Intel Guru Mnt Goat So one day we will not just “wake up” and see a new RV rate on FOREX...Instead, the plan of the CBI is first to launch the lower denominations and replace the currency (thus the project to delete the zeros). This is our first sign they are moving ahead. They will then RV the rate very close to a dollar WITHIN Iraq and only within Iraq or maybe just delete the zeros so 1140 becomes $1.14 by just moving decimal over 3 places. Let me say it again – ONLY WITHIN IRAQ! If they do this technically it is not an RV it is just deleting the zeros as the rate is actually the same. Get it?... [post 2 of 3....stay tuned]
8-11-2021 Newshound/Intel Guru Mnt Goat The ONLY indicator of an upcoming RV for us now is to wait and watch for the launching of the project to delete the zeros...The CBI has just recently told me they are on notice within the framework of the White Paper that they will be launching this project. They could not give me a date because they have not yet worked out a firm date within the other projects and timelines...I want to explain how they will launch and roll out this project... [post 1 of 3....stay tuned]
8-11-2021 Intel Guru Bruce [via WiserNow] I am excited about where we are – this is going to be one world of a week for us!! ...where we thought we had a start that might be Thursday at the earliest – if not Friday - now what we are hearing from our upper end number 1 bank personnel is more of tomorrow [Wednesday] or Thursday...Now it may not be tomorrow [Wednesday] – it could be Thursday – either way is a win - and we will take either one – so let’s see what happens in terms of that...Look forward I believe to a wonderful week this week – let’s see how that manifests for us...
8-11-2021 Intel Guru Fleming Our military intel contact can’t say much for security except that he is confirming that all is ready for liquidity release at all levels as of tonight Tue 10 Aug...his info is that this is still really being released this week...this is still our week.
8-11-2021 Newshound/Intel Guru Walkingstick [via Guru Frank26] There is going to be a massive campaign. It will be on television, on billboards, it will be everywhere. The CBI is going to talk to the citizens...
8-11-2021 Intel Guru Holly ...Remember to keep your mouth shut after you exchange...This will be a simple exchange. Nothing to worry about...We are very close...
8-11-2021 Intel Guru Frank26 Article: "A new statement from Parliamentary Finance pushes to change the dollar exchange rate" Might as well drop the mic and walk away...You were saying it wasn't going to go up for years? Why are you singing a new song birdie? Because it's election time... Quote: "we finance committee continue to demand the dollar exchange rate be restored to the old prices." No stupid it's going to be 1 to 1 on par with the American dollar...
8-11-2021 Newshound/Intel Guru Mnt Goat ...today in our news for this period we hear that they have done exactly what Allawi said they would do way back from oct 2020. It is almost 9 months later but they got it done and our now moving head on implementing the White Paper. Boy are they so slow in getting anything done and that is part of their problem. That is why we wait for the RV so long.
8-10-2021 Intel Guru MarkZ [via PDK] [will you be wearing the golden egg shirt tomorrow Mark?] I hope to be wearing it but based on the progress we are seeing with the bonds I still think we have a couple more days to wait. But, it certainly appears to be very close. The perfect storm is raging around us.
8-10-2021 Intel Guru Fleming Our military intel contact is confirming Mr. Fleming's sources saying that the RV teams were working all weekend...His info is that ...Mon 9 Aug the RV teams met and reviewed progress toward the release this week and our guy's info is that at 12:17 pm EST a release was given to proceed toward the shotgun liquidity cascading event--his info is the roll out is still on schedule for this week...notifications starting exchanges by the middle to the end of this week...it is really coming now...
8-10-2021 Intel Guru Frank26 Article: "The exchange rate of the dinar enters the electoral fray in Iraq" They're talking about the exchange rate again and they're doing it because there's an election coming up. This is perfect timing because the 'good guys' are telling the citizens about a change in the exchange rate and new currency coming out. Now the 'bad guys' are doing the same thing. Why? Because they want to buy votes...
8-10-2021 Newshound Guru Breitling We're getting indications from Warka [Iraqi Bank] because they passed laws/set the infrastructure so they can do more international business with their currency. Not the U.S. dollar...their biggest solution is to add value to their own currency. They're not going to come out at a super low rate because it wouldn't fix anything...a currency that's worth nothing, how's that going to help Iraq?
8-10-2021 Intel Guru Holly At 1:30 pm EST Sun 8 Aug. progress began toward overnight lockdown of rates and procedures for all tiers and levels which would lead to payouts globally at all levels including Tier 4B this week.
8-10-2021 Intel Guru MarkZ [via PDK] I think this is an important piece that we are...seeing progress on the bond side. We know historic bond redemptions have to get to a certain level before they pull the trigger for us. At least that is what I am being told…and what everyone else in the game is being told. We will continue to watch it. So nothing negative today and we are still seeing movement. Slow, steady progress…the tortoise wins the race. Maybe August has been their target along and we were just overly optimistic it was happening sooner...Nobody knows the exact timing... Bankers are just living on a “stand by” mode on the currency side of this.
8-10-2021 Intel Guru Frank26 What's in the White Papers? IMO the exchange rate...The White Papers are in the budget. Does the budget have the new exchange rate? Yeah. What else is in the budget? The HCL. Is the new rate used in the HCL? Yeah...
8-10-20221 Newshound/Intel Guru Walkingstick [via Guru Frank26] The monetary reform has to be wrapped up in the economic reform. Many article are proving it day after day...you can't have the economic reform without the monetary reform first...the Iraqi citizens like that because they're going to get jobs/because of their economic explosion/because of the monetary reform...Kazemi is talking about both reforms and promising to the citizens that it's coming...
8-10-2021 Newshound Guru Kaperoni ...The white papers have nothing to do with Iraq's exchange rate. White Papers are a roadmap of sorts to implement a private sector market economy.
8-10-2021 Intel Guru Fleming Our military intel contact is confirming Mr. Fleming's sources saying that the RV teams were working all weekend...His info is that ...Mon 9 Aug the RV teams met and reviewed progress toward the release this week and our guy's info is that at 12:17 pm EST a release was given to proceed toward the shotgun liquidity cascading event--his info is the roll out is still on schedule for this week...notifications starting exchanges by the middle to the end of this week...it is really coming now...
8-10-2021 Intel Guru Frank26 Article: "The exchange rate of the dinar enters the electoral fray in Iraq" They're talking about the exchange rate again and they're doing it because there's an election coming up. This is perfect timing because the 'good guys' are telling the citizens about a change in the exchange rate and new currency coming out. Now the 'bad guys' are doing the same thing. Why? Because they want to buy votes...
8-10-2021 Newshound Guru Breitling We're getting indications from Warka [Iraqi Bank] because they passed laws/set the infrastructure so they can do more international business with their currency. Not the U.S. dollar...their biggest solution is to add value to their own currency. They're not going to come out at a super low rate because it wouldn't fix anything...a currency that's worth nothing, how's that going to help Iraq?
8-10-2021 Intel Guru Holly At 1:30 pm EST Sun 8 Aug. progress began toward overnight lockdown of rates and procedures for all tiers and levels which would lead to payouts globally at all levels including Tier 4B this week.
8-10-2021 Intel Guru MarkZ [via PDK] I think this is an important piece that we are...seeing progress on the bond side. We know historic bond redemptions have to get to a certain level before they pull the trigger for us. At least that is what I am being told…and what everyone else in the game is being told. We will continue to watch it. So nothing negative today and we are still seeing movement. Slow, steady progress…the tortoise wins the race. Maybe August has been their target along and we were just overly optimistic it was happening sooner...Nobody knows the exact timing... Bankers are just living on a “stand by” mode on the currency side of this.
8-10-2021 Intel Guru Frank26 What's in the White Papers? IMO the exchange rate...The White Papers are in the budget. Does the budget have the new exchange rate? Yeah. What else is in the budget? The HCL. Is the new rate used in the HCL? Yeah...
8-10-20221 Newshound/Intel Guru Walkingstick [via Guru Frank26] The monetary reform has to be wrapped up in the economic reform. Many article are proving it day after day...you can't have the economic reform without the monetary reform first...the Iraqi citizens like that because they're going to get jobs/because of their economic explosion/because of the monetary reform...Kazemi is talking about both reforms and promising to the citizens that it's coming...
8-10-2021 Newshound Guru Kaperoni ...The white papers have nothing to do with Iraq's exchange rate. White Papers are a roadmap of sorts to implement a private sector market economy.
8-9-2021 Intel Guru MarkZ [via PDK] [Is it possible to see the RV this week] Dang right its possible…It’s coming unglued…the IMF is in pure panic mode…we saw a massive buying on the dip by sovereigns and countries this week. It will be fun over the next couple days t watch it play out. …this is the perfect storm.
8-9-2021 Newshound Guru Breitling Until they start passing laws the White Paper means nothing. That's number one. Number two is Iraq doesn't need to pass any more laws for them to add value to their currency. What they need to do is just make sure they understand what the markets are as far as oil prices/futures are, be able to pay off their debt and then have enough information to add value to their currency...but economic reforms and stuff like that they don't need that to add value to their currency.
8-9-2021 Intel Guru BobTheTaxMan When you do "cash in" make sure you take care of your tax liabilities. The same day you get it done go take care of it. How do you know how much to pay? This is where you get professional help. You're going to go talk to someone who knows what they're doing. Tell them what you're doing. They'll be able to look at your tax returns and look at your income and figure out what you can expect to pay in anticipated taxes. And then go pay them!
8-9-2021 Intel Guru MarkZ [via PDK] Monday morning brings a week full of opportunities!...Hopefully we will know something by this evening on what we can expect in the way of currencies. To early in the day to talk to banks and redemption centers… They usually start their week with meetings... We are still getting fantastic news out of Iraq. They are still talking about the white papers …There were a number of good articles over the weekend…
8-9-2021 Newshound Guru Walkingstick [via Guru Frank26] The White Papers contain the new exchange rate. That's why everything is being adjusted and implemented with the White Papers. That's why Kazemi wants to talk to you citizens about the White Papers because they are educating you [The Iraqi citizens]...
8-9-2021 Intel Guru Frank26 Know when to hold'm and know WHY to fold'm because 1 to 1 is the sucker bet. 99.9% of you are gonna rush to the banks and you're going to exchange your currency because you've been waiting 3000 years to do it...
8-9-2021 Newshound/Intel Guru Mnt Goat ...We know that a couple of the provisions in the white paper are to stop the currency auctions and to finally complete the change over to the newer lower denomination (project to delete the zeros). But what we do not know is how long it will take them to do it. They did tell us the existing rate will remain to at least the end of this year. Is this a hint that maybe they are considering something in January 2022 as we know this is the best time to do a major revalue and reinstatement? But we can only speculate at this point...
8-9-2021 Newshound Guru Breitling Until they start passing laws the White Paper means nothing. That's number one. Number two is Iraq doesn't need to pass any more laws for them to add value to their currency. What they need to do is just make sure they understand what the markets are as far as oil prices/futures are, be able to pay off their debt and then have enough information to add value to their currency...but economic reforms and stuff like that they don't need that to add value to their currency.
8-9-2021 Intel Guru BobTheTaxMan When you do "cash in" make sure you take care of your tax liabilities. The same day you get it done go take care of it. How do you know how much to pay? This is where you get professional help. You're going to go talk to someone who knows what they're doing. Tell them what you're doing. They'll be able to look at your tax returns and look at your income and figure out what you can expect to pay in anticipated taxes. And then go pay them!
8-9-2021 Intel Guru MarkZ [via PDK] Monday morning brings a week full of opportunities!...Hopefully we will know something by this evening on what we can expect in the way of currencies. To early in the day to talk to banks and redemption centers… They usually start their week with meetings... We are still getting fantastic news out of Iraq. They are still talking about the white papers …There were a number of good articles over the weekend…
8-9-2021 Newshound Guru Walkingstick [via Guru Frank26] The White Papers contain the new exchange rate. That's why everything is being adjusted and implemented with the White Papers. That's why Kazemi wants to talk to you citizens about the White Papers because they are educating you [The Iraqi citizens]...
8-9-2021 Intel Guru Frank26 Know when to hold'm and know WHY to fold'm because 1 to 1 is the sucker bet. 99.9% of you are gonna rush to the banks and you're going to exchange your currency because you've been waiting 3000 years to do it...
8-9-2021 Newshound/Intel Guru Mnt Goat ...We know that a couple of the provisions in the white paper are to stop the currency auctions and to finally complete the change over to the newer lower denomination (project to delete the zeros). But what we do not know is how long it will take them to do it. They did tell us the existing rate will remain to at least the end of this year. Is this a hint that maybe they are considering something in January 2022 as we know this is the best time to do a major revalue and reinstatement? But we can only speculate at this point...
8-8-2021 Intel Guru Fleming Sunday RV Reports: Our military intel contact said...very good news that the final shotgun start liquidity-cascading roll out is happening this week ...Our guy’s info is that at 1:30 pm EST today Sun 8 Aug progress began toward overnight lockdown of rates and procedures for all tiers and levels...which will lead to payouts globally at all levels including T4B this week...He said this is really happening this week...
8-8-2021 Newshound Guru Breitling Statement: "These guys are so corrupt. It's never going to revalue." It's completely opposite. If they were so corrupt they would have revalued it, got as much money as they can, exchanged it for another currency and got out of the country. It's a completely opposite situation. I don't know where people are getting that - speculation? Or they're just frustrated. I don't know but it doesn't make any sense. They would have revalued a long time ago if they were corrupt...
8-8-2021 Newshound/Intel Guru Walkingstick & Frank26 The new exchange rate is wrapped up in the minutia of the implementing of the White Papers and both the reforms - economic and monetary - right now. They can't say directly to you, 'This is the new exchange rate.' But they don't have to. Every action being taken...is a reflection of both of the reforms...all the minutia, the details, to the smallest dot dotted to the biggest T crossed, every detail is in the White Papers and so is the new exchange rate.
8-8-2021 Newshound Guru Pimpy Still good news. They're rocking and rolling. I like the way things are going. They're progressing. Slowly. But progressing none the less.
8-8-2021 Intel Guru Frank26 When they introduce the new exchange rate and when they introduce the new small category notes they are preparing the money exchangers in Iraq to do away with the black market...basically to do away with Iran...who owns the money exchangers in Iraq? Iran! Every money exchanger is literally sponsored by a parliamentary agent...they're getting rid of the profiteering...I love what I'm seeing! There's so much authority. So much sovereignty. So much control. So much security. So much stability. So much value coming soon!
8-8-2021 Newshound Guru Breitling Statement: "These guys are so corrupt. It's never going to revalue." It's completely opposite. If they were so corrupt they would have revalued it, got as much money as they can, exchanged it for another currency and got out of the country. It's a completely opposite situation. I don't know where people are getting that - speculation? Or they're just frustrated. I don't know but it doesn't make any sense. They would have revalued a long time ago if they were corrupt...
8-8-2021 Newshound/Intel Guru Walkingstick & Frank26 The new exchange rate is wrapped up in the minutia of the implementing of the White Papers and both the reforms - economic and monetary - right now. They can't say directly to you, 'This is the new exchange rate.' But they don't have to. Every action being taken...is a reflection of both of the reforms...all the minutia, the details, to the smallest dot dotted to the biggest T crossed, every detail is in the White Papers and so is the new exchange rate.
8-8-2021 Newshound Guru Pimpy Still good news. They're rocking and rolling. I like the way things are going. They're progressing. Slowly. But progressing none the less.
8-8-2021 Intel Guru Frank26 When they introduce the new exchange rate and when they introduce the new small category notes they are preparing the money exchangers in Iraq to do away with the black market...basically to do away with Iran...who owns the money exchangers in Iraq? Iran! Every money exchanger is literally sponsored by a parliamentary agent...they're getting rid of the profiteering...I love what I'm seeing! There's so much authority. So much sovereignty. So much control. So much security. So much stability. So much value coming soon!
8-7-2021 Newshound Guru MilitiaMan ...Aside from any triangulation that has been done by me and others, and that we have gleaned from just about all 4 corners of the world, support that our event we are waiting for is just about upon us. Pointing out that the debt ceiling issue lately is real...They are to extend the debt ceiling by a couple days by doing another Bond Sale for Tuesday - Wednesday next week for 126 billion...Before I received the news article yesterday about that increase, I was called by a source. I was told there would be an additional allowance of time for things to take place and there we have it, imo that increase buys time. Imo we are seriously close now.
8-7-2021 Newshound Guru Breitling They [ Iraqis ] are fine. They're doing very very good. They are going to revalue their currency. They're going to add value to the currency. And they better because one of these days oil isn't going to be what it's worth. And it's coming and it's going to be coming quick. They have an opportunity/a window here. They're smart. They devalued their currency on purpose so they could get rid of some of their debt...nothing to worry about. Good news coming down the road...
8-7-2021 Intel Guru Frank26 Turns out we have an issue - the GCC. Gulf Cooperation Council - a political and economic alliance that consists of 6 Middle Eastern countries. Saudi Arabia, Kuwait, United Arab of Emirates, Qatar, Bahrain, Oman...they put their oil together...the GCC has approached Iraq and Kazemi and said they want them to join the GCC...one of the thing that came out is the GCC is telling the CBI we want you to be part of a unified GCC currency...we want your currency to be part of a basket...we'll call it 'The Unified GCC Currency'...one currency to represent all of us in the Middle East. What do you think Kazemi? No thank you.
8-7-2021 Newshound/Intel Guru Mnt Goat We will get an RV soon (the one we all want as investors)? I have to [be] honest with everyone reading this...The closest date we can project out is January 2022. There are some subtle hints from the CBI that they are working towards this date for a big change in the rate of the dinar. I do not want to start any rumors. Could this mean just going back to the pre- December 2020 rate? I will be watching this step closely and when I learn of changes I will let you all know.
8-7-2021 Intel Guru BobTheTaxMan You always want to reduce those taxes. My suggestion is if you only have a little bit - take enough out of it but if you want to buy that house borrow the rest of it. Right now the interest rates are incredibly low. I mean phenomenally low and that's a heck of a lot better than paying hose outrageous taxes by cashing in your IQD...all in a hurry just to satisfy buying that house only to have it bite you in the butt. [NOTE: Speak to your financial and tax advisors at the appropriate time to build a strategy that's specific to your unique circumstances.]
8-7-2021 Intel Guru Fleming Our military intel contact said that his info is the same as Mr Fleming’s sources saying the following: ...“Rates did lock down [early...morning Fri 6 Aug]. (That I know is true. Still not on [front] screens [only on back screens] in US.)...” The RV Team is still in a meeting right now [mid-day Fri 6 Aug] to determine the exact roll-out...He said Iraq is still a marker of progress and today Fri 6 Aug they announced in their meetings of the GOI, CBI & IMF that they are implementing the White Papers Economic Reform measures including the Dinar RV rate NOW;...He repeated Mr Fleming’s source, ”BE PREPARED!!!”
8-7-2021 Newshound Guru Pimpy If that day happens when there's a RI or RV of some significance that is worth celebrating for, trust me it's going to spread like wildfire. You're going to hear about it. You just skip on down, go to the bank...deposit your money, pay off your bills and you're good to go.
8-7-2021 Newshound/Intel Guru Walkingstick [via Guru Frank26] The new exchange rate is in the budget. It is in the White Paper. Even though it's IMO It's coming. This is the HCL. Why do you think Kurdistan keeps coming to Baghdad? The new exchange rate is already in the White Papers...citizens of Iraq are now going to be receiving not only a new exchange rate/more purchasing power but they're also going to get the percentage of the HCL - The Hydrocarbon Law...
8-7-2021 Intel Guru Frank26 Kazemi and the CBI are telling the citizens, 'we're bringing out the reforms that we promised you. They told them that our oil is now ours. It's a national oil law and we're amending it into the white papers so that you guys can get your HCL. The new exchange rate is in there and you're going to get everything we promised you'...notice that he is supporting 100% of the reforms which include both the economic and financial reforms through the white papers...Kazemi and the CBI are about to explain to the citizens how all of this is going to come together with a new exchange rate and a new currency...I'll be honest, I'm extremely excited.
8-7-2021 Guest Guru Rod Steele [via PDK] …in Texas…As far as the banks are concerned…they are not at the call centers or the exchange centers. They have not gotten an update either...Maybe that’s a good thing. Both Wells Fargo and Chase are both on standby.
8-7-2021 Intel Guru MarkZ [via PDK] I have one contractor [in Iraq] that they contacted to renegotiate their contract. This happens whenever it gets close. They bring in the foreign contractors to refigure the rates in contracts for their employees and them. Figure the exchange rates from whatever country they originate from and the Iraqi dinar. So they have to adjust this... They have been brought in a handful of times to do this…. They had a conversation with him and said they needed him to be available to redo contracts Sunday or Monday to negotiate that rate. Most of them saw rates that were going to between $3.65 to the low $4 range when they brought them in before. Hopefully this time it will be the real thing and not just another fire drill. . .
8-7-2021 Newshound Guru Breitling They [ Iraqis ] are fine. They're doing very very good. They are going to revalue their currency. They're going to add value to the currency. And they better because one of these days oil isn't going to be what it's worth. And it's coming and it's going to be coming quick. They have an opportunity/a window here. They're smart. They devalued their currency on purpose so they could get rid of some of their debt...nothing to worry about. Good news coming down the road...
8-7-2021 Intel Guru Frank26 Turns out we have an issue - the GCC. Gulf Cooperation Council - a political and economic alliance that consists of 6 Middle Eastern countries. Saudi Arabia, Kuwait, United Arab of Emirates, Qatar, Bahrain, Oman...they put their oil together...the GCC has approached Iraq and Kazemi and said they want them to join the GCC...one of the thing that came out is the GCC is telling the CBI we want you to be part of a unified GCC currency...we want your currency to be part of a basket...we'll call it 'The Unified GCC Currency'...one currency to represent all of us in the Middle East. What do you think Kazemi? No thank you.
8-7-2021 Newshound/Intel Guru Mnt Goat We will get an RV soon (the one we all want as investors)? I have to [be] honest with everyone reading this...The closest date we can project out is January 2022. There are some subtle hints from the CBI that they are working towards this date for a big change in the rate of the dinar. I do not want to start any rumors. Could this mean just going back to the pre- December 2020 rate? I will be watching this step closely and when I learn of changes I will let you all know.
8-7-2021 Intel Guru BobTheTaxMan You always want to reduce those taxes. My suggestion is if you only have a little bit - take enough out of it but if you want to buy that house borrow the rest of it. Right now the interest rates are incredibly low. I mean phenomenally low and that's a heck of a lot better than paying hose outrageous taxes by cashing in your IQD...all in a hurry just to satisfy buying that house only to have it bite you in the butt. [NOTE: Speak to your financial and tax advisors at the appropriate time to build a strategy that's specific to your unique circumstances.]
8-7-2021 Intel Guru Fleming Our military intel contact said that his info is the same as Mr Fleming’s sources saying the following: ...“Rates did lock down [early...morning Fri 6 Aug]. (That I know is true. Still not on [front] screens [only on back screens] in US.)...” The RV Team is still in a meeting right now [mid-day Fri 6 Aug] to determine the exact roll-out...He said Iraq is still a marker of progress and today Fri 6 Aug they announced in their meetings of the GOI, CBI & IMF that they are implementing the White Papers Economic Reform measures including the Dinar RV rate NOW;...He repeated Mr Fleming’s source, ”BE PREPARED!!!”
8-7-2021 Newshound Guru Pimpy If that day happens when there's a RI or RV of some significance that is worth celebrating for, trust me it's going to spread like wildfire. You're going to hear about it. You just skip on down, go to the bank...deposit your money, pay off your bills and you're good to go.
8-7-2021 Newshound/Intel Guru Walkingstick [via Guru Frank26] The new exchange rate is in the budget. It is in the White Paper. Even though it's IMO It's coming. This is the HCL. Why do you think Kurdistan keeps coming to Baghdad? The new exchange rate is already in the White Papers...citizens of Iraq are now going to be receiving not only a new exchange rate/more purchasing power but they're also going to get the percentage of the HCL - The Hydrocarbon Law...
8-7-2021 Intel Guru Frank26 Kazemi and the CBI are telling the citizens, 'we're bringing out the reforms that we promised you. They told them that our oil is now ours. It's a national oil law and we're amending it into the white papers so that you guys can get your HCL. The new exchange rate is in there and you're going to get everything we promised you'...notice that he is supporting 100% of the reforms which include both the economic and financial reforms through the white papers...Kazemi and the CBI are about to explain to the citizens how all of this is going to come together with a new exchange rate and a new currency...I'll be honest, I'm extremely excited.
8-7-2021 Guest Guru Rod Steele [via PDK] …in Texas…As far as the banks are concerned…they are not at the call centers or the exchange centers. They have not gotten an update either...Maybe that’s a good thing. Both Wells Fargo and Chase are both on standby.
8-7-2021 Intel Guru MarkZ [via PDK] I have one contractor [in Iraq] that they contacted to renegotiate their contract. This happens whenever it gets close. They bring in the foreign contractors to refigure the rates in contracts for their employees and them. Figure the exchange rates from whatever country they originate from and the Iraqi dinar. So they have to adjust this... They have been brought in a handful of times to do this…. They had a conversation with him and said they needed him to be available to redo contracts Sunday or Monday to negotiate that rate. Most of them saw rates that were going to between $3.65 to the low $4 range when they brought them in before. Hopefully this time it will be the real thing and not just another fire drill. . .
8-4-2021 Dinar Guru Community Are we rich yet? :) Want a fun way to remember your dinar adventure? Click here to grab the new "Are We Rich Yet?" relax around the house/night tee shirt today!
The latest guru posts will continue below...
The latest guru posts will continue below...
8-6-2021 Intel Guru Bruce [via WiserNow] ...there has been some people as far as part of the Federal reserve through the FDIC and so on that did have some influence in slowing this process down – or what we would call a “block”...Now – I believe that is being handled and is being worked on...I believe that for the most part everything has been ready and should be still ready now that the blockage that stopped this from moving forward – is out of the way – and now we can move forward – from what we know now... I feel confident that we’re just about there...
8-6-2021 Intel Guru BobTheTaxMan Don't cash it all in. A lot of people are going to say, 'What about the rate? What if it's going to fall? What if the whole world falls apart?' That's true...but the revaluation of the IQD has been very carefully handled. It's not a random thing that's happened. It is the real honest McCoy of what's going on with it. I expect it to go long term that it's not going to be a flash in the pan and die again unless there's a nuclear attack or something over there. [Post 2 of 2] [NOTE: At the appropriate time be sure consult your financial and tax advisor to make the best plan for your specific circumstances.]
8-6-2021 Intel Guru BobTheTaxMan Keep your taxes as low as possible. Not only does it save you money but it's the best answer. We're in this investment. We've been in it a long time. 14 years for me...taxes are the biggest hole in your financial ship. We want to make sure we keep them as low as possible. So we deal with immediate taxes - this is where the RV happens and you "cash out". My suggestion for those who have less than 5 million, cash in enough to meet your goals. Make sure you keep it down. [post 1 of 2...stay tuned] [NOTE: At the appropriate time be sure to consult your financial and tax advisor to make the best plan for your specific circumstances.]
8-6-2021 Intel Guru MarkZ [via PDK] I got a report from Rod Steele…I can read it to you…it blends in well with what I am hearing… Rod Steels: Kazemi and the white papers in Iraq are moving forward…they are moving forward with the Iraqi citizen education...US Banks have been told to expect to go mid August now... MarkZ: The mid August date is not a negative... don’t throw in the towel…don’t be Chicken Little…We are already at the end of the first week…mid August is not far away…
8-6-2021 Intel Guru Frank26 [Boots on the ground Firefly report continued] Parliament has nothing to do with the monetary reform that the CBI is doing a masterful job on right now. They are the ones with full authority. That's why they are going to come out very soon and talk to you [the Iraqi citizens]. What this guy is doing is nothing more than a political stance but it is positive because he's reigniting the idea that you are going to have a new exchange rate...everyone knows that Iraq is about to go up in value... [post 2 of 2]
8-6-2021 Intel Guru Frank26 [Boots on the ground Firefly report] "Al Baiji, he's on our TV Channel news one. He's saying that the exchange rate must be raised for the fairness of our people and this cannot last long...this is a duty of parliament committee." ...All these guys are coming on Iraqi television saying, 'hey we need to raise the value of our currency...' For votes. Hypocritical liars... [post 1 of 2....stay tuned]
8-6-2021 Newshound Guru Breitling Question: "I've read if you didn't buy the dinar from a dealer, someone gave it to you, you can't exchange?" That's a bunch of garbage...Think about it just for a minute. How much money do you have in your pocket? So what are you going to do go to Walmart and the cashier is going to say, 'Where'd you get that at?' Because that's what you're saying...it doesn't make any sense. Where this stuff comes from I'll never know. You don't need to worry about it...
8-6-2021 Newshound Guru Pimpy Article: "A jump in he prices of Basra and Light crude touches $77 a barrel" This is what I like. I love it. I want some more of it! ...I still think it can hit a hundred dollars a barrel right around fall time/the end of the year especially. This is good because we know they budgeted for 42 at first, switched it to 45. Everything above that is just icing on the cake...this is butt kicking right here. I was happy to see this. I'm happy for Iraq...like you I'm pretty curious about what the 2022 budget is going to have if the oil prices continue to stay high.
8-6-2021 Newshound/Intel Gurus Walkingstick & Frank26 They're once again talking about the exchange rate...who are the only two in Iraq that we pay attention to? The CBI and Kazemi...Kazemi is talking all over the place and it started on Monday...it's important to understand the White Papers is a big topic with Kazemi...He came out...just pounding the stick...He's pushing the White Papers. He's pushing it to the citizens. He's selling it to the citizens...'Since I came back from D.C. Wooo!' The new exchange rate is wrapped up in the minutia of the implementation of the White Papers...
8-6-2021 Intel Guru BobTheTaxMan Don't cash it all in. A lot of people are going to say, 'What about the rate? What if it's going to fall? What if the whole world falls apart?' That's true...but the revaluation of the IQD has been very carefully handled. It's not a random thing that's happened. It is the real honest McCoy of what's going on with it. I expect it to go long term that it's not going to be a flash in the pan and die again unless there's a nuclear attack or something over there. [Post 2 of 2] [NOTE: At the appropriate time be sure consult your financial and tax advisor to make the best plan for your specific circumstances.]
8-6-2021 Intel Guru BobTheTaxMan Keep your taxes as low as possible. Not only does it save you money but it's the best answer. We're in this investment. We've been in it a long time. 14 years for me...taxes are the biggest hole in your financial ship. We want to make sure we keep them as low as possible. So we deal with immediate taxes - this is where the RV happens and you "cash out". My suggestion for those who have less than 5 million, cash in enough to meet your goals. Make sure you keep it down. [post 1 of 2...stay tuned] [NOTE: At the appropriate time be sure to consult your financial and tax advisor to make the best plan for your specific circumstances.]
8-6-2021 Intel Guru MarkZ [via PDK] I got a report from Rod Steele…I can read it to you…it blends in well with what I am hearing… Rod Steels: Kazemi and the white papers in Iraq are moving forward…they are moving forward with the Iraqi citizen education...US Banks have been told to expect to go mid August now... MarkZ: The mid August date is not a negative... don’t throw in the towel…don’t be Chicken Little…We are already at the end of the first week…mid August is not far away…
8-6-2021 Intel Guru Frank26 [Boots on the ground Firefly report continued] Parliament has nothing to do with the monetary reform that the CBI is doing a masterful job on right now. They are the ones with full authority. That's why they are going to come out very soon and talk to you [the Iraqi citizens]. What this guy is doing is nothing more than a political stance but it is positive because he's reigniting the idea that you are going to have a new exchange rate...everyone knows that Iraq is about to go up in value... [post 2 of 2]
8-6-2021 Intel Guru Frank26 [Boots on the ground Firefly report] "Al Baiji, he's on our TV Channel news one. He's saying that the exchange rate must be raised for the fairness of our people and this cannot last long...this is a duty of parliament committee." ...All these guys are coming on Iraqi television saying, 'hey we need to raise the value of our currency...' For votes. Hypocritical liars... [post 1 of 2....stay tuned]
8-6-2021 Newshound Guru Breitling Question: "I've read if you didn't buy the dinar from a dealer, someone gave it to you, you can't exchange?" That's a bunch of garbage...Think about it just for a minute. How much money do you have in your pocket? So what are you going to do go to Walmart and the cashier is going to say, 'Where'd you get that at?' Because that's what you're saying...it doesn't make any sense. Where this stuff comes from I'll never know. You don't need to worry about it...
8-6-2021 Newshound Guru Pimpy Article: "A jump in he prices of Basra and Light crude touches $77 a barrel" This is what I like. I love it. I want some more of it! ...I still think it can hit a hundred dollars a barrel right around fall time/the end of the year especially. This is good because we know they budgeted for 42 at first, switched it to 45. Everything above that is just icing on the cake...this is butt kicking right here. I was happy to see this. I'm happy for Iraq...like you I'm pretty curious about what the 2022 budget is going to have if the oil prices continue to stay high.
8-6-2021 Newshound/Intel Gurus Walkingstick & Frank26 They're once again talking about the exchange rate...who are the only two in Iraq that we pay attention to? The CBI and Kazemi...Kazemi is talking all over the place and it started on Monday...it's important to understand the White Papers is a big topic with Kazemi...He came out...just pounding the stick...He's pushing the White Papers. He's pushing it to the citizens. He's selling it to the citizens...'Since I came back from D.C. Wooo!' The new exchange rate is wrapped up in the minutia of the implementation of the White Papers...
8-5-2021 Newshound Guru Breitling Question: "...Many trillions of dinar in circulation...?" They don't have as much dinar out there as people think...First, they are not worried about you and me at all. The idea that people have dinar in their hands is fantastic. That's supply times velocity. That's a good thing not a bad thing...if you think they can't reduce their note supply there's no reason [for you] to be in this investment...if you don't believe they [dinar notes] will go away, you need to click the off button. It's that simple...
8-5-2021 Intel Guru Frank26 Both the IMF and the AMF are saying raise the value of your currency...lift the 3 zeros from your exchange rate...that's old news. It's so old it's Greek Mythology. But only the AMF is asking them to join the GCC. They both have the same idea - one 'unified currency' in the Middle East. No. Absolutely not...Iraq wants to stand alone! ...the Iraqi dinar wants no part of this...there is a date to change the notes and change the exchange rate. That date is still solid as a rock... 'Unified Currency'. You're going to start seeing that and when you do you're going to be well ahead of the curve...this issue is actually forcing that date to maybe come sooner than they expected.
8-5-2021 Newshound Guru Pimpy Article: "Congress Passes Iraq War Authorization Revocation Act" This is good news. As they work toward their [Iraq's] sovereignty. First of all we have to get the hell out of there. Congress made it official. It passes the Iraq War Authorization Revocation Act. In other words they revoked their need to be into war there...looks like congress passed it. What's left the senate? ...it's time for them [Iraq] to kick the training wheels off and let these bad boys learn how to ride that bike. I have faith in Iraq - Have faith in their current administration.
8-5-2021 Intel Guru BobTheTaxMan Ordinary income is based on your taxable income and allowable deductions...The IQD is going to fall into this category. Ordinary income is taxed on a percentage...Under the Biden tax change that he wants to bring in the domain anything over $400,000 is going to be subject to 39.5% taxes. It doesn't matter your filing status. He's going to grab you right there...over $400,000 gets ugly so you have to have a strategy in order to keep yourself away from all the nasties. Remember, these are not in play yet but they are on the table. It's being debated and voted on even as we speak. [Note: At the appropriate time consult your tax and financial advisors to form the best plan for your specific circumstances.]
8-5-2021 Intel Guru MarkZ [via PDK] Watching Iraq lets us know what our timing could look like...I am actually feeling really positive today…excited this week…we are so close guys…
8-5-2021 Intel Guru Frank26 Turns out we have an issue - the GCC. Gulf Cooperation Council - a political and economic alliance that consists of 6 Middle Eastern countries. Saudi Arabia, Kuwait, United Arab of Emirates, Qatar, Bahrain, Oman...they put their oil together...the GCC has approached Iraq and Kazemi and said they want them to join the GCC...one of the things that came out is the GCC is telling the CBI we want you to be part of a unified GCC currency...we want your currency to be part of a basket...we'll call it 'The Unified GCC Currency'...one currency to represent all of us in the Middle East. What do you think Kazemi? No thank you.
8-5-2021 Newshound Guru Pimpy Article: "Congress Passes Iraq War Authorization Revocation Act" This is good news. As they work toward their [Iraq's] sovereignty. First of all we have to get the hell out of there. Congress made it official. It passes the Iraq War Authorization Revocation Act. In other words they revoked their need to be into war there...looks like congress passed it. What's left the senate? ...it's time for them [Iraq] to kick the training wheels off and let these bad boys learn how to ride that bike. I have faith in Iraq - Have faith in their current administration.
8-5-2021 Intel Guru Bruce [via WiserNow] ...regarding our futures – they’re looking very very bright right now – I can tell you that...The good news is that last night at 8PM President Trump received the paper work to approve and sign and then he added some addendums to it to send back to the World Court - which he did... he had a final signature on this case that allowed for the United States to move forward with the valuation of the currencies and the Global Currency Reset occurring for us here in the United States – that was a milestone – HUGE - very important that was accomplished...So – everything has been moving forward and they’re trying to get this thing completed...I think we’re...finally in that last stretch...Thursday is looking good right now...
8-5-2021 Intel Guru Frank26 Both the IMF and the AMF are saying raise the value of your currency...lift the 3 zeros from your exchange rate...that's old news. It's so old it's Greek Mythology. But only the AMF is asking them to join the GCC. They both have the same idea - one 'unified currency' in the Middle East. No. Absolutely not...Iraq wants to stand alone! ...the Iraqi dinar wants no part of this...there is a date to change the notes and change the exchange rate. That date is still solid as a rock... 'Unified Currency'. You're going to start seeing that and when you do you're going to be well ahead of the curve...this issue is actually forcing that date to maybe come sooner than they expected.
8-5-2021 Newshound Guru Pimpy Article: "Congress Passes Iraq War Authorization Revocation Act" This is good news. As they work toward their [Iraq's] sovereignty. First of all we have to get the hell out of there. Congress made it official. It passes the Iraq War Authorization Revocation Act. In other words they revoked their need to be into war there...looks like congress passed it. What's left the senate? ...it's time for them [Iraq] to kick the training wheels off and let these bad boys learn how to ride that bike. I have faith in Iraq - Have faith in their current administration.
8-5-2021 Intel Guru BobTheTaxMan Ordinary income is based on your taxable income and allowable deductions...The IQD is going to fall into this category. Ordinary income is taxed on a percentage...Under the Biden tax change that he wants to bring in the domain anything over $400,000 is going to be subject to 39.5% taxes. It doesn't matter your filing status. He's going to grab you right there...over $400,000 gets ugly so you have to have a strategy in order to keep yourself away from all the nasties. Remember, these are not in play yet but they are on the table. It's being debated and voted on even as we speak. [Note: At the appropriate time consult your tax and financial advisors to form the best plan for your specific circumstances.]
8-5-2021 Intel Guru MarkZ [via PDK] Watching Iraq lets us know what our timing could look like...I am actually feeling really positive today…excited this week…we are so close guys…
8-5-2021 Intel Guru Frank26 Turns out we have an issue - the GCC. Gulf Cooperation Council - a political and economic alliance that consists of 6 Middle Eastern countries. Saudi Arabia, Kuwait, United Arab of Emirates, Qatar, Bahrain, Oman...they put their oil together...the GCC has approached Iraq and Kazemi and said they want them to join the GCC...one of the things that came out is the GCC is telling the CBI we want you to be part of a unified GCC currency...we want your currency to be part of a basket...we'll call it 'The Unified GCC Currency'...one currency to represent all of us in the Middle East. What do you think Kazemi? No thank you.
8-5-2021 Newshound Guru Pimpy Article: "Congress Passes Iraq War Authorization Revocation Act" This is good news. As they work toward their [Iraq's] sovereignty. First of all we have to get the hell out of there. Congress made it official. It passes the Iraq War Authorization Revocation Act. In other words they revoked their need to be into war there...looks like congress passed it. What's left the senate? ...it's time for them [Iraq] to kick the training wheels off and let these bad boys learn how to ride that bike. I have faith in Iraq - Have faith in their current administration.
8-5-2021 Intel Guru Bruce [via WiserNow] ...regarding our futures – they’re looking very very bright right now – I can tell you that...The good news is that last night at 8PM President Trump received the paper work to approve and sign and then he added some addendums to it to send back to the World Court - which he did... he had a final signature on this case that allowed for the United States to move forward with the valuation of the currencies and the Global Currency Reset occurring for us here in the United States – that was a milestone – HUGE - very important that was accomplished...So – everything has been moving forward and they’re trying to get this thing completed...I think we’re...finally in that last stretch...Thursday is looking good right now...
8-4-2021 Newshound/Intel Guru Frank26 Iraq right now is on a mission with its monetary reform to de-peg from the American dollar. They want to stay on par with the American dollar. But they're ready to de-peg, stay on par, go into the international theater and let the value of the Iraqi dinar go up outside of their borders in the international markets...IMO the CBI and Kazemi are not going to wait much longer.
8-4-2021 Newshound Guru Pimpy Article "A new statement from the US administration about repealing the Iraq War Authorization Act of 2002" We already know this. Biden already said it, did it, it's done. We're moving out the troops. All is good.
8-4-2021 Newshound Guru Militiaman One of the key components of an exchange rate is going to be, what was it priced at? They tell us in the past a price that was quite 'popular'. I'm not one to think that 1166 or 1182 or 1190 or 1460 is or was ever 'popular'...but what's popular? If none of those are popular we can safely presume that something prior to that...quote "restoring the exchange of the dollar against the dinar to its previous price is a popular demand by all the people." They know their history. If we're going to go back to when we had purchasing power it's obviously not 1190 because they were looking for purchasing power while they were at 1190. So it's pretty good.
8-4-2021 Intel Guru Frank26 There are a lot of meetings going on right now. The most powerful ones are the IMF and the CBI. They just meet and meet and meet and meet and its fantastic. It's all going really nice. The IMF is having powerful meeting with the CBI and Kazemi. They're talking about the monetary reform...all of the meeting happening between the CBI and Kazemi are on the currency of Iraq ...
8-4-2021 Newshound Guru Breitling They are going to revalue no matter what. The question is...the speed the value is going to go up from a starting point...the only affect on the dinar I can see [is the U.S.] pulling out [troops]. So that's what you have to decide - when that day comes when you can exchange (not 'cash in' but 'exchange') how far can you go in Iraq? How far can you depend on them? And that's up to you. It's tough to know. But the point is you have a plan one way or the other. Most people don't have a plan at all. So you're good. You're golden.
8-4-2021 Intel Guru BobTheTaxMan So when you take a look at the IQD and all the dreams you got affiliated and attached to it you got to remember you're going to have to have some constraint unless you're willing to give up almost 60% of your gains. Are you really willing to do that? Are you willing to give up that much simply because "I don't care" and you run down to the bank and cash it in? It will creep up and bite you in the butt. [NOTE: At the appropriate time speak with your tax professionals to develop the best strategy for you and always pay your taxes.] [post 2 of 2]
8-4-2021 Intel Guru BobTheTaxMan The IQD as we know is going to be treated as ordinary income. It is not going to be treated as capital gains. It can't be, that's impossible. This is how this works. You take your IQD in your lovely little hands and you go to your local bank and you exchange it for dollars. As soon as that happens you have a taxable event (except under the umbrella of a C.R.U.T) ...What you did is step into the highest tax rate possible. This is the one that's going to grab you. Now what's really interesting is under the Biden administration anybody who makes over a million dollars is really going to get bit. [post 1 of 2...stay tuned] [See NOTE on post 2]
8-4-2021 Newshound/Intel Guru Mnt Goat ...there is a statement quoted by Al-Kazemi in the article as saying that “since we launched the reform white paper to address the rampant corruption in the country, we are working to create an appropriate atmosphere for its application”. This statement means ...that they need to address and clean up the corruption before they can take on many of these white paper reforms. So they need security and stability once again. ...One of these reforms we know is the project to delete the zeros which eventually will get us to the bank, sooner than later. [post 2 of 2]
8-4-2021 Newshound/Intel Guru Mnt Goat So, in the recent article from...8/2, Prime Minister Mustafa Al-Kazemi announced the start of implementing the administrative and executive mechanisms of the economic reform plan within the white paper...So it has officially now begun...the article told us that the Prime Minister chaired the meeting of the Higher Committee for Reform. So they actually now have a committee to address the white paper reforms. This is very good news! [post 1 of 2....stay tuned]
8-4-2021 Intel Guru sheila ...August 3 until August 15!!! Come On RV, RV, RV!!! 15th of each month is day UN make exchange rate updates.
8-4-2021 Newshound Guru Pimpy Article "A new statement from the US administration about repealing the Iraq War Authorization Act of 2002" We already know this. Biden already said it, did it, it's done. We're moving out the troops. All is good.
8-4-2021 Newshound Guru Militiaman One of the key components of an exchange rate is going to be, what was it priced at? They tell us in the past a price that was quite 'popular'. I'm not one to think that 1166 or 1182 or 1190 or 1460 is or was ever 'popular'...but what's popular? If none of those are popular we can safely presume that something prior to that...quote "restoring the exchange of the dollar against the dinar to its previous price is a popular demand by all the people." They know their history. If we're going to go back to when we had purchasing power it's obviously not 1190 because they were looking for purchasing power while they were at 1190. So it's pretty good.
8-4-2021 Intel Guru Frank26 There are a lot of meetings going on right now. The most powerful ones are the IMF and the CBI. They just meet and meet and meet and meet and its fantastic. It's all going really nice. The IMF is having powerful meeting with the CBI and Kazemi. They're talking about the monetary reform...all of the meeting happening between the CBI and Kazemi are on the currency of Iraq ...
8-4-2021 Newshound Guru Breitling They are going to revalue no matter what. The question is...the speed the value is going to go up from a starting point...the only affect on the dinar I can see [is the U.S.] pulling out [troops]. So that's what you have to decide - when that day comes when you can exchange (not 'cash in' but 'exchange') how far can you go in Iraq? How far can you depend on them? And that's up to you. It's tough to know. But the point is you have a plan one way or the other. Most people don't have a plan at all. So you're good. You're golden.
8-4-2021 Intel Guru BobTheTaxMan So when you take a look at the IQD and all the dreams you got affiliated and attached to it you got to remember you're going to have to have some constraint unless you're willing to give up almost 60% of your gains. Are you really willing to do that? Are you willing to give up that much simply because "I don't care" and you run down to the bank and cash it in? It will creep up and bite you in the butt. [NOTE: At the appropriate time speak with your tax professionals to develop the best strategy for you and always pay your taxes.] [post 2 of 2]
8-4-2021 Intel Guru BobTheTaxMan The IQD as we know is going to be treated as ordinary income. It is not going to be treated as capital gains. It can't be, that's impossible. This is how this works. You take your IQD in your lovely little hands and you go to your local bank and you exchange it for dollars. As soon as that happens you have a taxable event (except under the umbrella of a C.R.U.T) ...What you did is step into the highest tax rate possible. This is the one that's going to grab you. Now what's really interesting is under the Biden administration anybody who makes over a million dollars is really going to get bit. [post 1 of 2...stay tuned] [See NOTE on post 2]
8-4-2021 Newshound/Intel Guru Mnt Goat ...there is a statement quoted by Al-Kazemi in the article as saying that “since we launched the reform white paper to address the rampant corruption in the country, we are working to create an appropriate atmosphere for its application”. This statement means ...that they need to address and clean up the corruption before they can take on many of these white paper reforms. So they need security and stability once again. ...One of these reforms we know is the project to delete the zeros which eventually will get us to the bank, sooner than later. [post 2 of 2]
8-4-2021 Newshound/Intel Guru Mnt Goat So, in the recent article from...8/2, Prime Minister Mustafa Al-Kazemi announced the start of implementing the administrative and executive mechanisms of the economic reform plan within the white paper...So it has officially now begun...the article told us that the Prime Minister chaired the meeting of the Higher Committee for Reform. So they actually now have a committee to address the white paper reforms. This is very good news! [post 1 of 2....stay tuned]
8-4-2021 Intel Guru sheila ...August 3 until August 15!!! Come On RV, RV, RV!!! 15th of each month is day UN make exchange rate updates.
8-3-2021 Dinar Guru Community Grab this limited premium t-shirt for the "Dinar Guru" in your life! It will put a smile on their face guaranteed! :) Click here to see the latest edition to the collection.
The latest guru posts will continue below...
The latest guru posts will continue below...
8-3-2021 Newshound Guru Breitling Question: "What impact if any do you feel Biden's meeting with the Iraq Prime Minister and the announcement of the end of the U.S. combat mission in Iraq will have on the revaluation of the dinar?" They are going to revalue no matter what. Whether we stay in Iraq or we're out of Iraq...
8-3-2021 Newshound Guru Pimpy Article: "Al-Kazemi announce the launch of the economic reform plan within the white papers" This looks like the full-fledged full-on launching of the White Papers...yes! Let's get it rocking and rolling...I still think with the economy going the way it is and oil's going the way it is, if they continue to work on the private sector you're gonna see it move up. Now it might not be an RI or an RV but it's going to start moving up slowly but surely we're going to get back to where it was. I do remember the United Council...what did they say? There's no reason for us not to reinstate Iraq to its rate of $3.22...
8-3-2021 Newshound Guru Militiaman Article: "Al-Kazemi announce the launch of the economic reform plan within the white papers" The meeting today was specifically stating was to announce the start of implementing the administrative and executive mechanisms - advanced level of implementation. It isn't the underlying issue. It's the main administrative and executive mechanisms to get things done. In other words, 'You gotta move. Get things going!' And that's what they're doing.
8-3-2021 Intel Guru MarkZ [via PDK] If they do decide to lock us down again using covid as an excuse…it...may be a good cover for our exchanges. ...On the redemption center side my contacts are still “on call”. They tell me they will be there within hours as soon as they are given the “GO”.
8-3-2021 Intel Guru Frank26 I know you want "now". But I don't know when "now" is. Nobody knows the date. What we do know is they're doing it. What we do know is that they're very blatant. They're very obvious/telling of what they're doing with their currency, with their exchange rate, with their economic reform of the countries pouring in, with their article VIII status. All of this is for the raising of the value of their currency...
8-3-2021 Newshound/Intel Guru Petra Article: "Al-Kazemi announce the launch of the economic reform plan within the white papers" They're launching. Obviously the key part of that is the rate. Nothing happens without that precious rate. The whole White Papers goes down the toilet if they don't change the rate...That is clearly the direction they're going by clear words that came directly from the Prime Minister himself. Clearly/obviously his visit here helped. His visit to the U. S. was critical.
8-3-2021 Intel Guru RAYRen98 [RATES ?] DINAR 3.171 DONG .47...
8-3-2021 Intel Guru Holly Most sources are very quiet and it is across the board eerily quiet. The quiet is very good...We are in a waiting process for all to go.
8-3-2021 Intel Guru Frank26 IMO for Iraq to be a member of the WTO their currency needs to be tradable, not "increasable", but tradable...I want you to really understand Iraq is Article VIII...therefore ergo they're about to take their currency, which is toilet paper value and they're going to throw it out into the international market...the whole international world is pouring into Iraq. They know they're 1 to 1 with the American dollar. They know they're about to unpeg. All of this is in articles. It's not new about this. The WTO goes in there and says, 'Hey, please, please, please, please join us. You're a cash cow!'
8-3-2021 Newshound Guru Pimpy Article: "Al-Kazemi announce the launch of the economic reform plan within the white papers" This looks like the full-fledged full-on launching of the White Papers...yes! Let's get it rocking and rolling...I still think with the economy going the way it is and oil's going the way it is, if they continue to work on the private sector you're gonna see it move up. Now it might not be an RI or an RV but it's going to start moving up slowly but surely we're going to get back to where it was. I do remember the United Council...what did they say? There's no reason for us not to reinstate Iraq to its rate of $3.22...
8-3-2021 Newshound Guru Militiaman Article: "Al-Kazemi announce the launch of the economic reform plan within the white papers" The meeting today was specifically stating was to announce the start of implementing the administrative and executive mechanisms - advanced level of implementation. It isn't the underlying issue. It's the main administrative and executive mechanisms to get things done. In other words, 'You gotta move. Get things going!' And that's what they're doing.
8-3-2021 Intel Guru MarkZ [via PDK] If they do decide to lock us down again using covid as an excuse…it...may be a good cover for our exchanges. ...On the redemption center side my contacts are still “on call”. They tell me they will be there within hours as soon as they are given the “GO”.
8-3-2021 Intel Guru Frank26 I know you want "now". But I don't know when "now" is. Nobody knows the date. What we do know is they're doing it. What we do know is that they're very blatant. They're very obvious/telling of what they're doing with their currency, with their exchange rate, with their economic reform of the countries pouring in, with their article VIII status. All of this is for the raising of the value of their currency...
8-3-2021 Newshound/Intel Guru Petra Article: "Al-Kazemi announce the launch of the economic reform plan within the white papers" They're launching. Obviously the key part of that is the rate. Nothing happens without that precious rate. The whole White Papers goes down the toilet if they don't change the rate...That is clearly the direction they're going by clear words that came directly from the Prime Minister himself. Clearly/obviously his visit here helped. His visit to the U. S. was critical.
8-3-2021 Intel Guru RAYRen98 [RATES ?] DINAR 3.171 DONG .47...
8-3-2021 Intel Guru Holly Most sources are very quiet and it is across the board eerily quiet. The quiet is very good...We are in a waiting process for all to go.
8-3-2021 Intel Guru Frank26 IMO for Iraq to be a member of the WTO their currency needs to be tradable, not "increasable", but tradable...I want you to really understand Iraq is Article VIII...therefore ergo they're about to take their currency, which is toilet paper value and they're going to throw it out into the international market...the whole international world is pouring into Iraq. They know they're 1 to 1 with the American dollar. They know they're about to unpeg. All of this is in articles. It's not new about this. The WTO goes in there and says, 'Hey, please, please, please, please join us. You're a cash cow!'
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8-2-2021 Intel Guru MarkZ [via PDK] My redemption folks that went in this morning had a short meeting on logistics. There were one or two small changes…nothing that affects us. Some procedural things on the banking side of it. They still have great expectations for this week. They do not know the timing but they are being asked to stay on call. The reason they do this is a majority of these folks work in wealth management . so they are working during the day and when this occurs they will go to the centers.
8-2-2021 Newshound Guru MilitiaMan Article quote: "Minister Khaled Battal Al-Najm will announce...Monday, 2/8-2021, the details of the responsive document, and the reform and recovery plan, for the period 2021-2023, which it has completed." I would like to be a Fly on the wall at this meeting tomorrow. THE UNDP [United Nations Development Program] is all about management of and for attaining goals. They have the ears of many international players. All interested in mutual success. Private sector is not about a program rate. No way. Even Iraq has stated they were to issue and recalculate effectively BONDS back the 1st of January 2021.. They said is was done to open or activate the private sector (market economy). imo.
8-2-2021 Newshound Guru Breitling It's an exchange. You take the U.S. dollar and you exchange the exact equivalent amount for the Iraqi dinar. Or vise-versa, you take Iraqi dinar and you exchange it for the U.S. dollar, the Euro or whatever. It's an exchange. But either way there's trade going on...the definition of globalism is trade. That's where it all came from - trade and trade routes and trade empires. The question doesn't even make any sense. It's so off...Globalists want trade. They want business. They want to do business with Iraq...that's the whole point of globalism - trade... [post 2 of 2]
8-2-2021 Newshound Guru Breitling Question: "Who exactly are the globalists who don't want the RV to happen?" That tells me a lot about what you believe and how you believe it... There's nothing wrong with globalization. You wouldn't have what you have without globalization. What is globalization? It's trade. That's all it is. The United States is not going to control the world. The U.N. is not going to control the world. China..Russia are not going to control the world. It's all horse shit...why would a globalist who does trade internationally want a currency...? [Post 1 of 2...stay tuned]
8-2-2021 Newshound Guru Pimpy Article: "Iraq's revenues from oil exports jump 62% in the first half of 2021" This is awesome...Yeah buddy, that's what we're talking about right there! This is despite we're still on partial lock-down/on full lock-down in places so you can imagine what happens if the entire world opened up once people wake to the fact that this is just a planneddemic...all this does is secure and strengthen the economy which is exactly what we want...
8-2-2021 Intel/Newshound Guru Frank26 IMO the GOI has pledged to the World Trade Organization a certain parentage of the local currency (30 to 40%) of dinars at a certain value upon admission into the WTO...you think the WTO wants a certain specific percentile and figures of the Iraqi dinar currency at a restricted sanctioned program rate? ...to be in the WTO Iraq's currency needs to be tradable...
(Have a recommendation for a future shirt? Send it to me here...go RV! :)
8-2-2021 Intel Guru MarkZ [via PDK] My redemption folks that went in this morning had a short meeting on logistics. There were one or two small changes…nothing that affects us. Some procedural things on the banking side of it. They still have great expectations for this week. They do not know the timing but they are being asked to stay on call. The reason they do this is a majority of these folks work in wealth management . so they are working during the day and when this occurs they will go to the centers.
8-2-2021 Newshound Guru MilitiaMan Article quote: "Minister Khaled Battal Al-Najm will announce...Monday, 2/8-2021, the details of the responsive document, and the reform and recovery plan, for the period 2021-2023, which it has completed." I would like to be a Fly on the wall at this meeting tomorrow. THE UNDP [United Nations Development Program] is all about management of and for attaining goals. They have the ears of many international players. All interested in mutual success. Private sector is not about a program rate. No way. Even Iraq has stated they were to issue and recalculate effectively BONDS back the 1st of January 2021.. They said is was done to open or activate the private sector (market economy). imo.
8-2-2021 Newshound Guru Breitling It's an exchange. You take the U.S. dollar and you exchange the exact equivalent amount for the Iraqi dinar. Or vise-versa, you take Iraqi dinar and you exchange it for the U.S. dollar, the Euro or whatever. It's an exchange. But either way there's trade going on...the definition of globalism is trade. That's where it all came from - trade and trade routes and trade empires. The question doesn't even make any sense. It's so off...Globalists want trade. They want business. They want to do business with Iraq...that's the whole point of globalism - trade... [post 2 of 2]
8-2-2021 Newshound Guru Breitling Question: "Who exactly are the globalists who don't want the RV to happen?" That tells me a lot about what you believe and how you believe it... There's nothing wrong with globalization. You wouldn't have what you have without globalization. What is globalization? It's trade. That's all it is. The United States is not going to control the world. The U.N. is not going to control the world. China..Russia are not going to control the world. It's all horse shit...why would a globalist who does trade internationally want a currency...? [Post 1 of 2...stay tuned]
8-2-2021 Newshound Guru Pimpy Article: "Iraq's revenues from oil exports jump 62% in the first half of 2021" This is awesome...Yeah buddy, that's what we're talking about right there! This is despite we're still on partial lock-down/on full lock-down in places so you can imagine what happens if the entire world opened up once people wake to the fact that this is just a planneddemic...all this does is secure and strengthen the economy which is exactly what we want...
8-2-2021 Intel/Newshound Guru Frank26 IMO the GOI has pledged to the World Trade Organization a certain parentage of the local currency (30 to 40%) of dinars at a certain value upon admission into the WTO...you think the WTO wants a certain specific percentile and figures of the Iraqi dinar currency at a restricted sanctioned program rate? ...to be in the WTO Iraq's currency needs to be tradable...
8-1-2021 Intel Guru Holly ...RV Update: We are coming to the end of this ride so be very, very careful of information and who you are following. The sharks are circling waiting for this moment. Use discernment and do not fall for any schemes. Question all...
8-1-2021 Newshound Guru Breitling Iraq devalued their currency on purpose. They made it cheap to do business with their country...it's a completely different ballgame. The Iraq currency is not in trouble. It's heavily manipulated...It has to do with the note count...Information coming from the CBI - when they do start adding value to the currency that once it gets to a certain rate they are going to have another currency that's out there that doesn't have the 3 zeros on it. If they're going to lop the damn dinar that you and I have that have the 3 zeros on it then there's no reason to have a completely different note. There's no reason for it. It doesn't make any sense...it's not going to lop. [Post 2 of 2]
8-1-2021 Newshound Guru Breitling Question: "Would I be wise to buy 500 denominations along with the 3 zero notes?" A lot of people ask me about the LOP. People are saying that's still part of the equation/debate. No it's not! That's not part of the debate at all...if you look at what they're doing in Iraq and how they're doing it, they want to add value to their currency and lopping the 3 zeros is not adding value to their currency. As an example if you look at what's going on with Turkey when they lopped the 3 zeros off their currency. It was because there was massive inflation and they couldn't fix anything. [post 1 of 2....stay tuned]
8-1-2021 Newshound Guru Pimpy Article: "As compensation for the invasion of Iraq, the United Nations pays $600 million to Kuwait". This I like a whole lot. Let's get to the most important thing. Quote: "the last installment is expected to be paid within a year." Yep! Then you have no more payments going out. That's it...everything is taken care of once that's done. Plus our troops are withdrawn. Complete sovereignty ...then I'm looking for a rate change to happen...get the Americans out of there. Make your last payment to Kuwait. Get your sovereignty back. Let's change the rate...
8-1-2021 Intel Guru Frank26 Iraq is grown up. It is secured and stable to bring forth its reforms, especially in its currency in order for it to have an economic reform. It can be done tomorrow and it can be done by the end of the year. All I know is that Iraq needs to be sovereign...[Years ago] Dr. Shabibi told our Blue Star - Iraq needs to be sovereign. And this 'pull out' [of troops] that Biden was talking about is part of the security and stability IMO...
8-1-2021 Intel Guru Fleming Saturday RV Report: Our military intel contact said he needs to avoid all details for security but he can confirm Mr Fleming’s sources confirming that the shotgun money flows have been moving at all levels the past 24 hours, there is a huge amount of activity happening globally today Sat 31 July, and he said keep watching for notifications that are imminent...This really is it and soon we will all be celebrating quietly under NDAs.
8-1-2021 Intel Guru MarkZ [via PDK] Redemption centers have not been called in this weekend. They are expection to be in early on Monday... Looks like we are going to have a very busy week.
8-1-2021 Newshound Guru Breitling Iraq devalued their currency on purpose. They made it cheap to do business with their country...it's a completely different ballgame. The Iraq currency is not in trouble. It's heavily manipulated...It has to do with the note count...Information coming from the CBI - when they do start adding value to the currency that once it gets to a certain rate they are going to have another currency that's out there that doesn't have the 3 zeros on it. If they're going to lop the damn dinar that you and I have that have the 3 zeros on it then there's no reason to have a completely different note. There's no reason for it. It doesn't make any sense...it's not going to lop. [Post 2 of 2]
8-1-2021 Newshound Guru Breitling Question: "Would I be wise to buy 500 denominations along with the 3 zero notes?" A lot of people ask me about the LOP. People are saying that's still part of the equation/debate. No it's not! That's not part of the debate at all...if you look at what they're doing in Iraq and how they're doing it, they want to add value to their currency and lopping the 3 zeros is not adding value to their currency. As an example if you look at what's going on with Turkey when they lopped the 3 zeros off their currency. It was because there was massive inflation and they couldn't fix anything. [post 1 of 2....stay tuned]
8-1-2021 Newshound Guru Pimpy Article: "As compensation for the invasion of Iraq, the United Nations pays $600 million to Kuwait". This I like a whole lot. Let's get to the most important thing. Quote: "the last installment is expected to be paid within a year." Yep! Then you have no more payments going out. That's it...everything is taken care of once that's done. Plus our troops are withdrawn. Complete sovereignty ...then I'm looking for a rate change to happen...get the Americans out of there. Make your last payment to Kuwait. Get your sovereignty back. Let's change the rate...
8-1-2021 Intel Guru Frank26 Iraq is grown up. It is secured and stable to bring forth its reforms, especially in its currency in order for it to have an economic reform. It can be done tomorrow and it can be done by the end of the year. All I know is that Iraq needs to be sovereign...[Years ago] Dr. Shabibi told our Blue Star - Iraq needs to be sovereign. And this 'pull out' [of troops] that Biden was talking about is part of the security and stability IMO...
8-1-2021 Intel Guru Fleming Saturday RV Report: Our military intel contact said he needs to avoid all details for security but he can confirm Mr Fleming’s sources confirming that the shotgun money flows have been moving at all levels the past 24 hours, there is a huge amount of activity happening globally today Sat 31 July, and he said keep watching for notifications that are imminent...This really is it and soon we will all be celebrating quietly under NDAs.
8-1-2021 Intel Guru MarkZ [via PDK] Redemption centers have not been called in this weekend. They are expection to be in early on Monday... Looks like we are going to have a very busy week.
7-31-2021 Intel Guru Bruce [via WiserNow] I really believe that finally we are approaching the finish line...coming to the end of the ride...you’re just about ready to lift the bar as the roller coaster comes in to its final stop – it stops and you go whewww wow that was quite a ride – that’s pretty much how I feel right now...
7-31-2021 Newshound Guru Kaperoni The latest...from...gurus is they think Iraq has been accepted into the WTO as a full member. ...Just about a year ago a great article came out from the WTO telling Iraq that until they have something to export (other than oil) there is no reason in trying.
7-31-2021 Intel Guru MarkZ [via PDK] My banking contacts at this point are hoping and expecting 800 numbers on the second…which is this Monday. Buckle up and hang on this weekend. There is a lot of stuff happening. Stay encouraged but manage your expectations. We have been here before but hopefully this one will be very different...On the redemption side of it…My contacts say they are on call but not required to come in over the weekend. They are expecting it early morning on Monday…so hopefully we will know something by then or on Monday. We will get an RV…It’s a “when” not an “if”.
7-31-2021 Intel Guru Holly Friday Evening Update: What I have heard today is things are in fact underway and moving. Everyone is hush hush and they want it kept this way. It will move throughout the weekend and should get to us this coming week. They are moving slowly till the cascade hits.
7-31-2021 Intel Guru Frank26 What Biden did is he told the world that Iraq is so secure and so stable right now we don't really need to help them with our military. He says we're going to pull out by the end of the year. The truth of the matter is that we already have started that...Iraq is ready to deal with their own issues and their military is in a position to deal with their security and stability. Because of this combination Iraq is in a powerful position to do something about their two reforms [monetary and economic] that they are marching forward on...they are prime. They are set pretty in the most perfect storm to raise the value of their currency and economy.
7-31-2021 Newshound Guru Breitling Speculation - that's what we're doing here. This isn't a religion...It's speculation. There's no one who believes in this more than me but it's still speculation. I believe it's coming down the road. Where does my confidence come from? Is it good ole fashioned positive thinking? NO! I'm not one of those types of people who does that. I don't lie to myself for the sake of being positive. I'm a realist. I watch what Iraq is doing...I watch their government. I listen very carefully who have authority to add value to the Iraqi dinar and what their intent is. And these guys can't wait to do it.
7-31-2021 Newshound Guru Pimpy It does look really good. There's no promises on anything but right now these are all [U.S. agreement toward sovereignty, oil prices, WTO etc.] positive steps going in the right direction... A lot of people have been waiting for these moments for a long long time. It's happening. Let's just be a little more patient. It's going to get there...
7-31-2021 Intel Guru Fleming Friday PM RV Report...: Our military intel contact is confirming Mr Fleming’s source saying today Fri 30 July, “The time for our blessing is upon us...Washington DC indicated that it’s going to be in a media blackout and that funds [global shotgun start funds] are anticipated to be released on SAT July 31,2021 onwards.
7-31-2021 Newshound Guru Kaperoni The latest...from...gurus is they think Iraq has been accepted into the WTO as a full member. ...Just about a year ago a great article came out from the WTO telling Iraq that until they have something to export (other than oil) there is no reason in trying.
7-31-2021 Intel Guru MarkZ [via PDK] My banking contacts at this point are hoping and expecting 800 numbers on the second…which is this Monday. Buckle up and hang on this weekend. There is a lot of stuff happening. Stay encouraged but manage your expectations. We have been here before but hopefully this one will be very different...On the redemption side of it…My contacts say they are on call but not required to come in over the weekend. They are expecting it early morning on Monday…so hopefully we will know something by then or on Monday. We will get an RV…It’s a “when” not an “if”.
7-31-2021 Intel Guru Holly Friday Evening Update: What I have heard today is things are in fact underway and moving. Everyone is hush hush and they want it kept this way. It will move throughout the weekend and should get to us this coming week. They are moving slowly till the cascade hits.
7-31-2021 Intel Guru Frank26 What Biden did is he told the world that Iraq is so secure and so stable right now we don't really need to help them with our military. He says we're going to pull out by the end of the year. The truth of the matter is that we already have started that...Iraq is ready to deal with their own issues and their military is in a position to deal with their security and stability. Because of this combination Iraq is in a powerful position to do something about their two reforms [monetary and economic] that they are marching forward on...they are prime. They are set pretty in the most perfect storm to raise the value of their currency and economy.
7-31-2021 Newshound Guru Breitling Speculation - that's what we're doing here. This isn't a religion...It's speculation. There's no one who believes in this more than me but it's still speculation. I believe it's coming down the road. Where does my confidence come from? Is it good ole fashioned positive thinking? NO! I'm not one of those types of people who does that. I don't lie to myself for the sake of being positive. I'm a realist. I watch what Iraq is doing...I watch their government. I listen very carefully who have authority to add value to the Iraqi dinar and what their intent is. And these guys can't wait to do it.
7-31-2021 Newshound Guru Pimpy It does look really good. There's no promises on anything but right now these are all [U.S. agreement toward sovereignty, oil prices, WTO etc.] positive steps going in the right direction... A lot of people have been waiting for these moments for a long long time. It's happening. Let's just be a little more patient. It's going to get there...
7-31-2021 Intel Guru Fleming Friday PM RV Report...: Our military intel contact is confirming Mr Fleming’s source saying today Fri 30 July, “The time for our blessing is upon us...Washington DC indicated that it’s going to be in a media blackout and that funds [global shotgun start funds] are anticipated to be released on SAT July 31,2021 onwards.
7-30-2021 Newshound Guru Pimpy Article: from Forbes "Saudi Arabia Retains Lead as Largest Arab Economy in 2021". Congrats to Iraq! [information from article] They are 4th in the economy amongst the Arab nations and climbing...this means the economy is rebounding. This is what we want. This is good...I love it. It's looking good. I feel really good about where the future is especially with the dinar.
7-30-2021 Intel Guru Bruce [via WiserNow] I did receive explicit instructions about what NOT to talk about...What I can say is we are looking very very good – between now and the end of the month – which is Saturday – I really believe – from what I am hearing that everything is moving forward - in the direction that we want...I will say...we heard that the Iraqi Dinar will have a new rate that will be posted Saturday morning – Iraq time...which is late late [Friday] night...
7-30-2021 Newshound Guru Adam Montana ...No news is good news. No news is not the best news, but it's also not bad news...this investment has always been about the fundamentals. Iraq has a ton of the world's oil, they are making their way back up...My change in posting habits has nothing to do with my confidence in the value of the Dinar increasing... GOOOOO RRRRRRRVVVVVVV!!!!!
7-30-2021 Intel Guru MarkZ [via PDK] [...do you think this will happen before Labor Day?] Yes I do. The push was to get it out by the end of the month…You can do the math, but there is a serious push going on.
7-30-2021 Intel Guru Frank26 The economic reform is exploding in Iraq because of the monetary reform that has been put in a prime position to be launched...They're leaving their borders to raise the value fo their currency. Everything that Kazemi and the CBI are doing is for the reforms. Everything. And these meetings that were occurring in Iraq for many months and now have apexed in Washington D.C. this is the perfect eye for the perfect storm...
7-30-2021 Newshound Guru Breitling Question: "How do you think the Revalue will be recognized by the banks - Will they look at the Forex? Check the CBI website? Some other indicator?" It's the CBI. They don't need to check anything [else]. It's very simple, the CBI is the authority for the Iraqi dinar. [NOTE: You can always see the latest CBI reported market rate and official rate on the left side of this page.]
7-30-2021 Intel Guru Holly Friday Rv News: We have two days left in July and still the news is, this all starts in July! Will we have Christmas in July? We certainly can...All sources across the boards have gone silent. Either they were asked to not talk or have signed very strict NDAs. When it is so quiet that is always a good sign that things are getting done...
7-30-2021 Intel Guru Frank26 the white papers contain the new rate. The budget contains the new rate. The second set of books contains the new rate. The international world contains the new rate...
7-30-2021 Intel Guru Bruce [via WiserNow] I did receive explicit instructions about what NOT to talk about...What I can say is we are looking very very good – between now and the end of the month – which is Saturday – I really believe – from what I am hearing that everything is moving forward - in the direction that we want...I will say...we heard that the Iraqi Dinar will have a new rate that will be posted Saturday morning – Iraq time...which is late late [Friday] night...
7-30-2021 Newshound Guru Adam Montana ...No news is good news. No news is not the best news, but it's also not bad news...this investment has always been about the fundamentals. Iraq has a ton of the world's oil, they are making their way back up...My change in posting habits has nothing to do with my confidence in the value of the Dinar increasing... GOOOOO RRRRRRRVVVVVVV!!!!!
7-30-2021 Intel Guru MarkZ [via PDK] [...do you think this will happen before Labor Day?] Yes I do. The push was to get it out by the end of the month…You can do the math, but there is a serious push going on.
7-30-2021 Intel Guru Frank26 The economic reform is exploding in Iraq because of the monetary reform that has been put in a prime position to be launched...They're leaving their borders to raise the value fo their currency. Everything that Kazemi and the CBI are doing is for the reforms. Everything. And these meetings that were occurring in Iraq for many months and now have apexed in Washington D.C. this is the perfect eye for the perfect storm...
7-30-2021 Newshound Guru Breitling Question: "How do you think the Revalue will be recognized by the banks - Will they look at the Forex? Check the CBI website? Some other indicator?" It's the CBI. They don't need to check anything [else]. It's very simple, the CBI is the authority for the Iraqi dinar. [NOTE: You can always see the latest CBI reported market rate and official rate on the left side of this page.]
7-30-2021 Intel Guru Holly Friday Rv News: We have two days left in July and still the news is, this all starts in July! Will we have Christmas in July? We certainly can...All sources across the boards have gone silent. Either they were asked to not talk or have signed very strict NDAs. When it is so quiet that is always a good sign that things are getting done...
7-30-2021 Intel Guru Frank26 the white papers contain the new rate. The budget contains the new rate. The second set of books contains the new rate. The international world contains the new rate...
7-29-2021 Intel Guru MarkZ [via PDK] [Anything new on IQD rates?] Still hearing $3.90 to $4.00 for the dinar street rate …still hearing $8.00 contract rate…screens are showing rates in the teens…but they are bouncing all over the place.
7-29-2021 Newshound Guru Pimpy Article: "Al-Kazemi's advisor: Were it not for the monetary policy stance of the Central Bank, the situation would have been very dangerous" This one blows my mind...They keep coming out with articles explaining to people why they made the adjustments to the exchange rate. Why? You've already said it once. You said it twice. As a courtesy said it a third time. Why are you saying it 20 times? What is really going on that you have to keep talking about why it is you devalued the Iraqi dinar. We get it but we also realize what is going on in your economy...
7-29-2021 Intel Guru MarkZ [via PDK] Still waiting for the banking side to tell me when they expect the RV to fit in… [So next week for us most likely?] If I had to make a guess...yes…but they could pull this thing at any moment and throw us all off.
7-29-2021 Newshound Guru Breitling Question: "Did Iraq join the WTO? And how would that effect the revelation?" No they did not join the WTO...They're not full fledged members of the WTO. They don't have to be.
7-29-2021 Intel Guru Frank26 The CBI quiet before the perfect storm. IMO the CBI has good reason why they're quiet right now because they're talking with the United States Treasury in Washington D.C...the CBI is quiet for at least 6 or 7 days now because the perfect storm is developing and the eye of this perfect storm is in Washington D.C... UPDATE: Today the CBI came back out and started talking again...holy cow they're parrots on steroids. What they talked about was the education [to the citizens]...
7-29-2021 Intel Guru Holly So where are we: There is major silence...When things are silent that is a very good sign. I am told they want this to be released by the end of the month.
7-29-2021 Intel Guru MarkZ [via PDK] ...the Iraqi dinar and the Kuwaiti dinar street rates...should be on parity with each other for stability in the area and they all share joint oil fields.
7-29-2021 Newshound Guru Pimpy Article: "Al-Kazemi's advisor: Were it not for the monetary policy stance of the Central Bank, the situation would have been very dangerous" This one blows my mind...They keep coming out with articles explaining to people why they made the adjustments to the exchange rate. Why? You've already said it once. You said it twice. As a courtesy said it a third time. Why are you saying it 20 times? What is really going on that you have to keep talking about why it is you devalued the Iraqi dinar. We get it but we also realize what is going on in your economy...
7-29-2021 Intel Guru MarkZ [via PDK] Still waiting for the banking side to tell me when they expect the RV to fit in… [So next week for us most likely?] If I had to make a guess...yes…but they could pull this thing at any moment and throw us all off.
7-29-2021 Newshound Guru Breitling Question: "Did Iraq join the WTO? And how would that effect the revelation?" No they did not join the WTO...They're not full fledged members of the WTO. They don't have to be.
7-29-2021 Intel Guru Frank26 The CBI quiet before the perfect storm. IMO the CBI has good reason why they're quiet right now because they're talking with the United States Treasury in Washington D.C...the CBI is quiet for at least 6 or 7 days now because the perfect storm is developing and the eye of this perfect storm is in Washington D.C... UPDATE: Today the CBI came back out and started talking again...holy cow they're parrots on steroids. What they talked about was the education [to the citizens]...
7-29-2021 Intel Guru Holly So where are we: There is major silence...When things are silent that is a very good sign. I am told they want this to be released by the end of the month.
7-29-2021 Intel Guru MarkZ [via PDK] ...the Iraqi dinar and the Kuwaiti dinar street rates...should be on parity with each other for stability in the area and they all share joint oil fields.
7-28-2021 Intel Guru Bruce [via WiserNow] We had thought that we would be notified by yesterday – there was info coming from 3 solid lead banks or sources – they were all pointing to us being notified yesterday - and then we find out yesterday that there was some activity - additional clean up...So where does that put us? It should...put us in a position that I’ve been told where we should receive the entire thing tomorrow - that would mean notifications – 800 #s – emails – setting of appointments and actually starting our exchanges...TOMORROW [Wednesday]...I do not have a time for when that will all take place – we’ll have to see how that unfolds – it’s exciting – it should be Christmas in July for us...let’s see if that actually takes place...
7-28-2021 Intel Guru Frank26 If Iraq wants to join the WTO they can't say to the WTO, 'Can we join?' No, every country on this planet Earth that joins the WTO needs a sponsorship. They need a sponsor. Who is the sponsor for Iraq to join the WTO right now? ...the main sponsor is the United States of America...Kazemi and the governor of the CBI are still following the protocol that Donald Trump left for the Middle East...IMO a sponsoring country would be a perfect candidate to be 1 to 1 with...
7-28-2021 Intel Guru MarkZ [via PDK] [... Friday looks good…what say you?] Friday does look good….today looks good. But based on what I hear from group leaders-later on this week looks good.
7-28-2021 Newshound Guru Pimpy ...In 2017 what did they [United Council] say? Iraq has...done nothing to lose the value of their currency. It should be reinstated at $3.22...If they indeed used the revenue from oil to destroy 70% of the currency that was in circulation...is it low enough where they can now reinstate once they get their money, their sovereignty, once their debts are paid? Is it possible? Again...the United Council said what? They've done noting to lose the value of their currency. There's no reason for it not to be reinstated at $3.22...Is it possible they're going to give them their funds back? Is it possible there's enough in there to cover the $3.22 rate? [post 3 of 3]
7-28-2021 Newshound Guru Pimpy I can't help but smile because IMO what I think is going to happen once the troops leave Iraq is gaining their sovereignty, they pay their remaining debt off - they have the money to do it quickly with Kuwait and this other company then they should be debt free. Then we give them their funds back. If they get their funds back...does that mean they should reinstate the rate the United Council was talking about which is $3.22? [post 2 of 3....stay tuned]
7-28-2021 Newshound Guru Pimpy Article: "Iraq's foreign money between the anvil of creditors and the hammer of protecting the US Federal Bank". There are a handful of articles that keep talking about this...we have been holding on to some money for Iraq for a long time. There have been a lot of creditors trying to get in there but there was an agreement...the United States told everybody else hands off period. Nobody could come after this money. All debt is considered settled once they pay these things off. Why do they keep talking about that? [post 1 of 3....stay tuned]
7-28-2021 Intel Guru Holly Wednesday Rv News: Where are we today: ...The projected timing is between now and the end of the month...
7-28-2021 Newshound/Intel Guru Mnt Goat ...Kazemi is not going to Washington DC for the RV. ...The RV is between the CBI and the IMF. If anything related, he will go ask for relief from OFAC sanctions that the CBI needs lifted in order to reinstate the dinar, thus then they can start the process of deleting the zeros which we know leads to the reinstatement and thus us going to the bank
7-28-2021 Intel Guru Frank26 If Iraq wants to join the WTO they can't say to the WTO, 'Can we join?' No, every country on this planet Earth that joins the WTO needs a sponsorship. They need a sponsor. Who is the sponsor for Iraq to join the WTO right now? ...the main sponsor is the United States of America...Kazemi and the governor of the CBI are still following the protocol that Donald Trump left for the Middle East...IMO a sponsoring country would be a perfect candidate to be 1 to 1 with...
7-28-2021 Intel Guru MarkZ [via PDK] [... Friday looks good…what say you?] Friday does look good….today looks good. But based on what I hear from group leaders-later on this week looks good.
7-28-2021 Newshound Guru Pimpy ...In 2017 what did they [United Council] say? Iraq has...done nothing to lose the value of their currency. It should be reinstated at $3.22...If they indeed used the revenue from oil to destroy 70% of the currency that was in circulation...is it low enough where they can now reinstate once they get their money, their sovereignty, once their debts are paid? Is it possible? Again...the United Council said what? They've done noting to lose the value of their currency. There's no reason for it not to be reinstated at $3.22...Is it possible they're going to give them their funds back? Is it possible there's enough in there to cover the $3.22 rate? [post 3 of 3]
7-28-2021 Newshound Guru Pimpy I can't help but smile because IMO what I think is going to happen once the troops leave Iraq is gaining their sovereignty, they pay their remaining debt off - they have the money to do it quickly with Kuwait and this other company then they should be debt free. Then we give them their funds back. If they get their funds back...does that mean they should reinstate the rate the United Council was talking about which is $3.22? [post 2 of 3....stay tuned]
7-28-2021 Newshound Guru Pimpy Article: "Iraq's foreign money between the anvil of creditors and the hammer of protecting the US Federal Bank". There are a handful of articles that keep talking about this...we have been holding on to some money for Iraq for a long time. There have been a lot of creditors trying to get in there but there was an agreement...the United States told everybody else hands off period. Nobody could come after this money. All debt is considered settled once they pay these things off. Why do they keep talking about that? [post 1 of 3....stay tuned]
7-28-2021 Intel Guru Holly Wednesday Rv News: Where are we today: ...The projected timing is between now and the end of the month...
7-28-2021 Newshound/Intel Guru Mnt Goat ...Kazemi is not going to Washington DC for the RV. ...The RV is between the CBI and the IMF. If anything related, he will go ask for relief from OFAC sanctions that the CBI needs lifted in order to reinstate the dinar, thus then they can start the process of deleting the zeros which we know leads to the reinstatement and thus us going to the bank
7-27-2021 Intel Guru MarkZ [via PDK] Don’t know what to tell you all timing wise because things are so quiet now…It is freakishy quiet…sources will only say to sit still, stay quiet but they are still in place. I am still hearing a lot of static and chatter that it will happen this week. So we keep watching.
7-27-2021 Newshound Guru Breitling Be happy. You're fine. Everything is good - still in that window.
7-27-2021 Intel Guru Holly Tuesday Rv News: Yesterday was a monumental day for Iraq! They became an active member of the WTO! Congratulations Iraq! You have endured a very long, difficult journey to become part of the world stage! Next is your rate change and becoming international...I am told the target date is by the end of this month...
7-27-2021 Intel Guru MarkZ [via PDK] It’s still pretty quiet but Iraq is ascending to the WTO officially. No more being an “observer” or “junior member”. I think this was a huge piece. They can now operate on the world stage and they need a world class currency to go with it.
7-27-2021 Newshound Guru Pimpy There's a lot of news about the meeting between Iraq and the United States. Of course it's very good news. What is the news? That America is getting the hell out of there... Quote: "welcomes the achievement of the Iraq negotiators by agreeing to the complete exit of the combat forces at the end of the year and considers it a positive and advanced step towards achieving full national sovereignty." They haven't got their sovereignty 100%. By pulling out...they'll get their sovereignty...This is big. Why? Because if the nation has sovereignty guess what happens - They have to have a recognizable currency...
7-27-2021 Intel Guru Frank26 I was really surprised Kazemi went to D.C...IMO what you're seeing in this Washington D.C trip is really what's going on with the WTO...Kazemi is in DC working on the monetary reform indirectly satisfying the requirements of the WTO. All of this being done with the U.S. Treasury...
7-27-2021 Intel Guru Fleming the RV rates of the 23 currencies in the first basket are posted to Forex behind the scenes and at the right time the rates will be published publicly...WF upper level bankers and wealth managers were told over the past weekend to report to their banks and redemption centers today Mon 26 July, to be ready for "major changes" (a clear reference to the RV release and shotgun start + exchanges starting) [post 2 of 2]
7-27-2021 Intel Guru Fleming Monday Night RV Report: Our military intel contact said that his info is that everyone behind the scenes is being told the shotgun start is any moment this week going forward...Iraqi PM Kadhimi (=Kazemi) and the Iraqi delegation are in meetings today in DC concerning Iraqi - USA economic and business agreements, security agreements and the reduction of US military presence in Iraq, and about Iraq being inducted into the WTO for which Iraq needs the new IQD RV rate that it has now and that is posted on Forex behind the scenes... [post 1 of 2....stay tuned]
7-27-2021 Newshound Guru Breitling Be happy. You're fine. Everything is good - still in that window.
7-27-2021 Intel Guru Holly Tuesday Rv News: Yesterday was a monumental day for Iraq! They became an active member of the WTO! Congratulations Iraq! You have endured a very long, difficult journey to become part of the world stage! Next is your rate change and becoming international...I am told the target date is by the end of this month...
7-27-2021 Intel Guru MarkZ [via PDK] It’s still pretty quiet but Iraq is ascending to the WTO officially. No more being an “observer” or “junior member”. I think this was a huge piece. They can now operate on the world stage and they need a world class currency to go with it.
7-27-2021 Newshound Guru Pimpy There's a lot of news about the meeting between Iraq and the United States. Of course it's very good news. What is the news? That America is getting the hell out of there... Quote: "welcomes the achievement of the Iraq negotiators by agreeing to the complete exit of the combat forces at the end of the year and considers it a positive and advanced step towards achieving full national sovereignty." They haven't got their sovereignty 100%. By pulling out...they'll get their sovereignty...This is big. Why? Because if the nation has sovereignty guess what happens - They have to have a recognizable currency...
7-27-2021 Intel Guru Frank26 I was really surprised Kazemi went to D.C...IMO what you're seeing in this Washington D.C trip is really what's going on with the WTO...Kazemi is in DC working on the monetary reform indirectly satisfying the requirements of the WTO. All of this being done with the U.S. Treasury...
7-27-2021 Intel Guru Fleming the RV rates of the 23 currencies in the first basket are posted to Forex behind the scenes and at the right time the rates will be published publicly...WF upper level bankers and wealth managers were told over the past weekend to report to their banks and redemption centers today Mon 26 July, to be ready for "major changes" (a clear reference to the RV release and shotgun start + exchanges starting) [post 2 of 2]
7-27-2021 Intel Guru Fleming Monday Night RV Report: Our military intel contact said that his info is that everyone behind the scenes is being told the shotgun start is any moment this week going forward...Iraqi PM Kadhimi (=Kazemi) and the Iraqi delegation are in meetings today in DC concerning Iraqi - USA economic and business agreements, security agreements and the reduction of US military presence in Iraq, and about Iraq being inducted into the WTO for which Iraq needs the new IQD RV rate that it has now and that is posted on Forex behind the scenes... [post 1 of 2....stay tuned]
7-26-2021 Intel Guru MarkZ [via PDK] Kazemi was in DC today talking about troop removal, working on a better relationship with the Us and talking about American investments in Iraq and how stable they are. I think that was the key info we are looking for.
7-26-2021 Newshound Guru Breitling Question: "Do the high oil prices help or hinder the revaluation" Iraq was pressured when oil prices down. They were being pressured and right now that pressure is not there but that hasn't stopped them at all.
7-26-2021 Newshound Guru Pimpy We all want to wake up one day and hear...they just announced it - We're gonna do 3 American dollars for one dinar. Will that happen? Yes it's possible. I'm not saying it's not...the United Nations/the United Security Council have all said the same thing - that when the value of the dinar was devalued it was at a rate of 3+ dollars. That's every 1 Iraqi dinar you exchanged you got 3 American dollars. And they said there's no reason for it not to go back to that rate...if I didn't have faith in it I wouldn't own it. [post 2 of 2]
7-26-2021 Newshound Guru Pimpy I can't promise there's going to be an RI or RV because nobody out there knows. That is the honest to God truth...Is it possible? Of course it is. Has it happened before in history? More than once...you don't have to watch for some magical announcement. We can pay attention to what's going on in the country, in their economy, in their stability...their commodities...geopolitics in the area...all contribute to the value of their currency... [post 1 of 2....stay tuned]
7-26-2021 Intel Guru MarkZ [via PDK] One of the key things to watch right now is the Iraqi Prime Minister Kazemi is in DC right now. Working on what? We are they are working on the implementation of business deals between the US and Iraq. Also some security issues and removal of some US troops. So watch today because Kazemi is in DC with members of his government cutting deals. Hopefully also talking about the release of the RV and the exchange of their currency.
7-26-2021 Intel Guru Holly Kazemi is to meet in Washington DC today. It is to be an announcement that they are part of the WTO (world trade organization). The USA is sponsoring them in. They need a rate change and an international currency…. Something big should be coming...
7-26-2021 Intel Guru Frank26 The Minister of Finance and the Minister of Planning and Saleh...they know. The citizens know. The international community knows - that a change is coming to both of these things - their currency and their exchange rate...
7-26-2021 Newshound/Intel Guru Mnt Goat ...the Finance Committee is telling us that the CBI plans to keep the rate of the dinar as it is until the end of the fiscal year which ends in December not October. Just because they want to have the next years budget completed and in parliament by October does not mean the fiscal year ends in October...So here we are once again with watching for the January 2022 release of the reinstatement...so we wait to see what happens. Remember this is the move opportune time to release the reinstatement. Can they get their act together by then?
7-26-2021 Newshound Guru Breitling Question: "Do the high oil prices help or hinder the revaluation" Iraq was pressured when oil prices down. They were being pressured and right now that pressure is not there but that hasn't stopped them at all.
7-26-2021 Newshound Guru Pimpy We all want to wake up one day and hear...they just announced it - We're gonna do 3 American dollars for one dinar. Will that happen? Yes it's possible. I'm not saying it's not...the United Nations/the United Security Council have all said the same thing - that when the value of the dinar was devalued it was at a rate of 3+ dollars. That's every 1 Iraqi dinar you exchanged you got 3 American dollars. And they said there's no reason for it not to go back to that rate...if I didn't have faith in it I wouldn't own it. [post 2 of 2]
7-26-2021 Newshound Guru Pimpy I can't promise there's going to be an RI or RV because nobody out there knows. That is the honest to God truth...Is it possible? Of course it is. Has it happened before in history? More than once...you don't have to watch for some magical announcement. We can pay attention to what's going on in the country, in their economy, in their stability...their commodities...geopolitics in the area...all contribute to the value of their currency... [post 1 of 2....stay tuned]
7-26-2021 Intel Guru MarkZ [via PDK] One of the key things to watch right now is the Iraqi Prime Minister Kazemi is in DC right now. Working on what? We are they are working on the implementation of business deals between the US and Iraq. Also some security issues and removal of some US troops. So watch today because Kazemi is in DC with members of his government cutting deals. Hopefully also talking about the release of the RV and the exchange of their currency.
7-26-2021 Intel Guru Holly Kazemi is to meet in Washington DC today. It is to be an announcement that they are part of the WTO (world trade organization). The USA is sponsoring them in. They need a rate change and an international currency…. Something big should be coming...
7-26-2021 Intel Guru Frank26 The Minister of Finance and the Minister of Planning and Saleh...they know. The citizens know. The international community knows - that a change is coming to both of these things - their currency and their exchange rate...
7-26-2021 Newshound/Intel Guru Mnt Goat ...the Finance Committee is telling us that the CBI plans to keep the rate of the dinar as it is until the end of the fiscal year which ends in December not October. Just because they want to have the next years budget completed and in parliament by October does not mean the fiscal year ends in October...So here we are once again with watching for the January 2022 release of the reinstatement...so we wait to see what happens. Remember this is the move opportune time to release the reinstatement. Can they get their act together by then?
7-25-2021 Intel Guru Frank26 Article: "Iraq is holding talks to overcome the obstacles to its accession to the World Trade Organization" You guys are begging Iraq to join because you know that Iraq is a cash cow...there is going to be a successful ascension process...the WTO is about to complete Iraq's ascension into the WTO...
7-25-2021 Newshound Guru Pimpy There's no redemption centers unless they're talking about an actual exchange center...the best place? The bank or credit union. Quote: "Your bank or credit union, not an airport kiosk, is likely the best place to exchange currency." ...not a redemption center, not a foundation, you're not going to go in any special group. You're not going to get a better deal than other people. Everybody gets the same rate. You're not going to be able to negotiate with the bank. I already asked that. [post 2 of 2]
7-25-2021 Newshound Guru Pimpy People go, "It's a scam! Yeah, It's a scam!" No, no no, no the currency is not a scam. It's a legitimate currency but people do scam other people using the currencies so you and I have to be careful. Article: "Where to Exchange Currency Without Paying Huge Fees" There's no 800 numbers. You won't get a special email unless somebody's letting you know when it actually happens. [Post 1 of 2]
7-25-2021 Newshound Guru Breitling Look at some of the conversations going on. 'Look at Iraq. Iraq's a disaster so therefor the value of their currency couldn't go up.' The reality is the value of their currency was artificially devalued. So even if it did go down and it was a real market rate it wouldn't go down to a tenth of a penny where it is today. It would still be worth .50, .70, up to a buck because if you go look at the counties surrounding Iraq...currencies are .27, .37, you have Kuwait it's like 3 bucks...
7-25-2021 Newshound/Intel Guru Petra ...once a country is recognized fully Article VIII, countries no longer will question the validity of their trade capability...or THEIR CURRENCY!!!! IMO...
7-25-2021 Newshound Guru Pimpy There's no redemption centers unless they're talking about an actual exchange center...the best place? The bank or credit union. Quote: "Your bank or credit union, not an airport kiosk, is likely the best place to exchange currency." ...not a redemption center, not a foundation, you're not going to go in any special group. You're not going to get a better deal than other people. Everybody gets the same rate. You're not going to be able to negotiate with the bank. I already asked that. [post 2 of 2]
7-25-2021 Newshound Guru Pimpy People go, "It's a scam! Yeah, It's a scam!" No, no no, no the currency is not a scam. It's a legitimate currency but people do scam other people using the currencies so you and I have to be careful. Article: "Where to Exchange Currency Without Paying Huge Fees" There's no 800 numbers. You won't get a special email unless somebody's letting you know when it actually happens. [Post 1 of 2]
7-25-2021 Newshound Guru Breitling Look at some of the conversations going on. 'Look at Iraq. Iraq's a disaster so therefor the value of their currency couldn't go up.' The reality is the value of their currency was artificially devalued. So even if it did go down and it was a real market rate it wouldn't go down to a tenth of a penny where it is today. It would still be worth .50, .70, up to a buck because if you go look at the counties surrounding Iraq...currencies are .27, .37, you have Kuwait it's like 3 bucks...
7-25-2021 Newshound/Intel Guru Petra ...once a country is recognized fully Article VIII, countries no longer will question the validity of their trade capability...or THEIR CURRENCY!!!! IMO...
7-24-2021 Intel Guru Footforward Article: "Biden to host Iraq's prime minister at White House on July 26" Quote: "...The visit will highlight the strategic partnership between the two countries and advance bilateral cooperation under a 2008 agreement that governed the withdrawal of U.S. troops from Iraq..." This makes me laugh... Ya...let's have a meeting about how you pull all your troops out and how we are going to work together going forward lol...If the troops are pulling out, they have no reason to work together because Iran would take over. This is a mirage
7-24-2021 Newshound/Intel Guru Mnt Goat The delegation from Iraq arrived in the US this week and will begin holding meetings to discuss business beginning on Friday through the weekend and next week...There are only three main reasons why Kazemi is going to Washington, DC. 1. he wants a binding timeline for the withdrawal of foreign combat forces from Iraq. This is only political move on his part as he knows the US forces will not be leaving Iraq for very long time. 2. he wants more US companies to come and invest in Iraq; 3. he wants the currency reinstated and normalized...If the troops don’t remain Iraq will not get the currency reinstated nor will they get US companies to invest in Iraq...
7-24-2021 Intel Guru Frank26 Article: "Confidence in the Iraqi dinar is eroding...and the prospect of removing zeros" No...what?...nobody is saying they're not going to remove the 3 zeros from the exchange rate and confidence...is exploding inside of Iraqi citizens. They know. The citizens are now working with the banks of Iraq...it's etched in titanium... they're telling you that they are deleting it without giving you the date yet for implementation of the deletion of the 3 zeros.
7-24-2021 Newshound Guru Breitling Question: "I've heard you state the CBI saying 'our currency will coexist for 2 years...what would stop them from saying that means a 1000 dinar note would have the same value as a 1 dinar note?" Why would it coexist? It doesn't work that way. There's no country on the planet that has ever done that. There's no country on the planet that would ever do that...
7-24-2021 Newshound Guru Pimpy For those of you who don't know - RI is a reinstatement which means they give you back the original rate which was $3.22 for every 1 Iraqi dinar. RV is when they re-value the currency which just happened at the end of 2020. They revalued the currency of the dinar. They devalued the currency is what they did. They went in the wrong direction...they changed the value of the currency's exchange...
7-24-2021 Newshound Guru MilitiaMan I can say this...everything we know to date is all good!!...There comes a time when all things have to come together and it looks as though they are... I can imagine the fist bumping deals made over the last 48 hours and possibly still on going!! I can’t imagine Kazemi being in DC and not have something to give, take and or sign!!...Regardless who he meets by extension it will be through the UST, WB, IMF, UN, BIS, WTO, etc...imo... Let’s remember the white papers have been in implementation mode...
7-24-2021 Newshound/Intel Guru Mnt Goat The delegation from Iraq arrived in the US this week and will begin holding meetings to discuss business beginning on Friday through the weekend and next week...There are only three main reasons why Kazemi is going to Washington, DC. 1. he wants a binding timeline for the withdrawal of foreign combat forces from Iraq. This is only political move on his part as he knows the US forces will not be leaving Iraq for very long time. 2. he wants more US companies to come and invest in Iraq; 3. he wants the currency reinstated and normalized...If the troops don’t remain Iraq will not get the currency reinstated nor will they get US companies to invest in Iraq...
7-24-2021 Intel Guru Frank26 Article: "Confidence in the Iraqi dinar is eroding...and the prospect of removing zeros" No...what?...nobody is saying they're not going to remove the 3 zeros from the exchange rate and confidence...is exploding inside of Iraqi citizens. They know. The citizens are now working with the banks of Iraq...it's etched in titanium... they're telling you that they are deleting it without giving you the date yet for implementation of the deletion of the 3 zeros.
7-24-2021 Newshound Guru Breitling Question: "I've heard you state the CBI saying 'our currency will coexist for 2 years...what would stop them from saying that means a 1000 dinar note would have the same value as a 1 dinar note?" Why would it coexist? It doesn't work that way. There's no country on the planet that has ever done that. There's no country on the planet that would ever do that...
7-24-2021 Newshound Guru Pimpy For those of you who don't know - RI is a reinstatement which means they give you back the original rate which was $3.22 for every 1 Iraqi dinar. RV is when they re-value the currency which just happened at the end of 2020. They revalued the currency of the dinar. They devalued the currency is what they did. They went in the wrong direction...they changed the value of the currency's exchange...
7-24-2021 Newshound Guru MilitiaMan I can say this...everything we know to date is all good!!...There comes a time when all things have to come together and it looks as though they are... I can imagine the fist bumping deals made over the last 48 hours and possibly still on going!! I can’t imagine Kazemi being in DC and not have something to give, take and or sign!!...Regardless who he meets by extension it will be through the UST, WB, IMF, UN, BIS, WTO, etc...imo... Let’s remember the white papers have been in implementation mode...
7-23-2021 Newshound/Intel Guru Walkingstick and Frank26 But if you want to exchange that's your business. I don't blame you...But I want you to know, shortly after that or 'eventually', that's the problem we don't know...our teams feel confident that they're going to do a controlled float and they are going to join a basket of currency...at that time (I don't know when)...at that point they will unpeg from the American dollar...for international growth...will you wait for it? That's strictly up to you...1 to 1 is not their ultimate goal. Their ultimate goal is to reinstate their currency... [Post 2 of 2]
7-23-2021 Intel Guru Bruce [via WiserNow] Most of the banks out there that we talk to have gone almost silent... Now from...the sources that I have most of what we’re getting is talking about something taking place over the weekend – meaning there’s a possibility though not guaranteed – we don’t have it confirmed... they don’t want us to know – when exactly...it is conceivable that we could get notified on Saturday and start Saturday...
7-23-2021 Newshound Guru Breitling I know personally politicians, one of them just passed away a couple years ago, that they all had dinar...2 of our ex-presidents had dinar. Their Vice Presidents had the dinar. Didn't "had", they "HAVE" it.
7-23-2021 Newshound/Intel Guru Walkingstick and Frank26 We are very concerned for you. In your mind you see this and you're saying, 'oh my goodness it's time! I'm going to the bank! I'm going to exchange.' That's your business. We sure as heck are not. IMO that would be extremely incorrect...right now the Iraqi dinar is pegged with the United States dollar inside and outside of Iraq's borders. Soon they will go International and lift the value of their currency...and still pegged to the American dollar. But at that point they will be on par with the American dollar 1 to 1. And that's when you're going to exchange. I always called it the 1 to 1 sucker bet. [post 1 of 2....stay tuned]
7-23-2021 Intel Guru MarkZ [via PDK] On the banking side...groups still feel like we are well within our window and things are moving forward quickly. I don’t know if we are waiting for something at this point... I have been asked to not comment on exchanges and groups for 24 hours…I am going to honor this one...The good news is we know the original group referenced is still very much intact, and the leadership and protocols have not changed on it…so don’t panic…you are in very good hands...we will leave it right there.
7-23-2021 Newshound Guru Pimpy The bank doesn't hold that much money. What will happen is this. You will let me see the dinars. I will go over to the machine to make sure they are not counterfeit - That they're legit...once we validate it I come to you and I say right now this is the current rate, Are you ok with that rate? We agree. We charge you I think he said 1 or 1.5% fee...So if you got $3 million and we took out our fees, whatever the balance is would be deposited into your bank account...If you wanted to take out $20,000/$50,000 that might be [okay] but anything higher than that you have to set an appointment up so we can order the money...I said, okay what else? He goes, what do you mean what else? I said there's nothing else to do? He goes, no, that's it... [post 3 of 3]
7-23-2021 Newshound Guru Pimpy He said...at the current time Wells Fargo does not buy or sell the Iraqi dinar or the Vietnam dong...I said, is it a scam? He said no, people are creating scams using those currencies. We get a lot of calls...by people who are lied to or misled about what to do with these currencies...I said, how does this work? He says, let's say...you have a million dinars...as soon as you hear some rate change has happened and you're ready to sell your currency, once our branch corporation tells us we are allowed to buy and sell the currency again, you simply come into the bank... [let's say] you're getting $3 for every 1 dinar...If you're thinking you're coming in here thinking we're gonna give you $3 million dollars so you can hop, skip and jump outside the bank that is not gonna happen. [post 2 of 3....stay tuned]
7-23-2021 Newshound Guru Pimpy If you go talk to any individual that actually works in an exchange or a bank and you ask them about special redemption centers or 800 numbers they're gonna look at you like you're an idiot. I know. I did it. I wanted to make sure that when the dinar or the Vietnam dong rate had changed that I knew where to go right away. So I went to my bank Wells Fargo and I spoke with the manager there because at the time Wells Fargo was buying and selling currencies. I said to him if I had a currency. He kept cornering me trying to ask me which currency and I told him...Iraqi dinar...I thought he was going to say it was a scam but that's not what he said... [post 1 of 3....stay tuned]
7-23-2021 Intel Guru Texas Snake We are getting closer & closer & closer to this event occurring...So much of what is occurring has not happened since 2004/2005.
7-23-2021 Intel Guru Bruce [via WiserNow] Most of the banks out there that we talk to have gone almost silent... Now from...the sources that I have most of what we’re getting is talking about something taking place over the weekend – meaning there’s a possibility though not guaranteed – we don’t have it confirmed... they don’t want us to know – when exactly...it is conceivable that we could get notified on Saturday and start Saturday...
7-23-2021 Newshound Guru Breitling I know personally politicians, one of them just passed away a couple years ago, that they all had dinar...2 of our ex-presidents had dinar. Their Vice Presidents had the dinar. Didn't "had", they "HAVE" it.
7-23-2021 Newshound/Intel Guru Walkingstick and Frank26 We are very concerned for you. In your mind you see this and you're saying, 'oh my goodness it's time! I'm going to the bank! I'm going to exchange.' That's your business. We sure as heck are not. IMO that would be extremely incorrect...right now the Iraqi dinar is pegged with the United States dollar inside and outside of Iraq's borders. Soon they will go International and lift the value of their currency...and still pegged to the American dollar. But at that point they will be on par with the American dollar 1 to 1. And that's when you're going to exchange. I always called it the 1 to 1 sucker bet. [post 1 of 2....stay tuned]
7-23-2021 Intel Guru MarkZ [via PDK] On the banking side...groups still feel like we are well within our window and things are moving forward quickly. I don’t know if we are waiting for something at this point... I have been asked to not comment on exchanges and groups for 24 hours…I am going to honor this one...The good news is we know the original group referenced is still very much intact, and the leadership and protocols have not changed on it…so don’t panic…you are in very good hands...we will leave it right there.
7-23-2021 Newshound Guru Pimpy The bank doesn't hold that much money. What will happen is this. You will let me see the dinars. I will go over to the machine to make sure they are not counterfeit - That they're legit...once we validate it I come to you and I say right now this is the current rate, Are you ok with that rate? We agree. We charge you I think he said 1 or 1.5% fee...So if you got $3 million and we took out our fees, whatever the balance is would be deposited into your bank account...If you wanted to take out $20,000/$50,000 that might be [okay] but anything higher than that you have to set an appointment up so we can order the money...I said, okay what else? He goes, what do you mean what else? I said there's nothing else to do? He goes, no, that's it... [post 3 of 3]
7-23-2021 Newshound Guru Pimpy He said...at the current time Wells Fargo does not buy or sell the Iraqi dinar or the Vietnam dong...I said, is it a scam? He said no, people are creating scams using those currencies. We get a lot of calls...by people who are lied to or misled about what to do with these currencies...I said, how does this work? He says, let's say...you have a million dinars...as soon as you hear some rate change has happened and you're ready to sell your currency, once our branch corporation tells us we are allowed to buy and sell the currency again, you simply come into the bank... [let's say] you're getting $3 for every 1 dinar...If you're thinking you're coming in here thinking we're gonna give you $3 million dollars so you can hop, skip and jump outside the bank that is not gonna happen. [post 2 of 3....stay tuned]
7-23-2021 Newshound Guru Pimpy If you go talk to any individual that actually works in an exchange or a bank and you ask them about special redemption centers or 800 numbers they're gonna look at you like you're an idiot. I know. I did it. I wanted to make sure that when the dinar or the Vietnam dong rate had changed that I knew where to go right away. So I went to my bank Wells Fargo and I spoke with the manager there because at the time Wells Fargo was buying and selling currencies. I said to him if I had a currency. He kept cornering me trying to ask me which currency and I told him...Iraqi dinar...I thought he was going to say it was a scam but that's not what he said... [post 1 of 3....stay tuned]
7-23-2021 Intel Guru Texas Snake We are getting closer & closer & closer to this event occurring...So much of what is occurring has not happened since 2004/2005.
7-22-2021 Intel Guru MarkZ [via PDK] So think of that in reverse…we expect the Iraqi dinar to go back to about $4 US to each dinar again. Right now if you have one Kuwaiti dinar it takes $3.31 cents American to buy it today. So if all they do is reinstate the Iraqi dinar to pre-war levels and give it back its purchasing power….not a revalue…then we can expect around $4 or so. Hopefully that makes sense to you. [post 2 of 2]
7-22-2021 Intel Guru MarkZ [via PDK] [What do you mean when you say dinar should be $4 and up?] Before Sadaam Hussein moved to take over Kuwait (Early 1990’s) the Iraqi Dinar was the strongest currency in the world, and the second strongest was the Kuwaiti Dinar. It would take almost $4 US dollars to buy one dinar. Iraq invaded Kuwait…At that point the IMF/UN devalued the currencies to take away the ability to make war. They devalued both currencies even though Kuwait was innocent because Iraq had moved in and took over the government and the banks. [post 1 of 2....stay tuned]
7-22-2021 Newshound Guru Breitling Question: "Do you think Iraq is waiting until the United States is totally out before they concentrate on the currency?" No. It has nothing to do with it whatsoever. In fact they like the United States being there...
7-22-2021 Newshound Guru Pimpy Sovereign nation has to have a valuable currency to function. They don't have to get no loans or nothing like that. I'm not saying there's a rate change that's going to happen but IMO it's one hell of step forward into the possibility of strengthening the Iraqi dinar...getting the United States out of there and allowing these people to start working on their own, this is a big step IMO...they're counting on the United States for security - that's not being sovereign...
7-22-2021 Intel Guru MarkZ [via PDK] [Do you still expect the RV at the end of July?] The end of July or beginning of August…maybe earlier. That is just my gut feeling…One of my Redemption Center contacts have been told they will be on stand by this weekend and need to be within 2 hours of locations.
7-22-2021 Intel Guru Frank26 You can't spring the monetary reform on the citizens, it would fail...they're making it very clear to the Iraqi citizens that the CBI and Kazemi are changing the exchange rate and changing the currency because the 3 zero notes will not work with the new exchange rate...the international community knows and that's why it's pouring into Iraq. They know that a change is coming from both of these issues - their currency and their exchange rate. Saleh...is explaining to the citizens the how's, the why's, the when's, the where's and soon the date of all of this. It's not a secret.
7-22-2021 Intel Guru Footforward Article: "Joint Statement from the U.S. Department of the Treasury and the State Bank of Vietnam" Article quote: "The SBV is also making ongoing efforts to further modernize and make more transparent its monetary policy and exchange rate framework. In support of these efforts, the SBV will continue to improve exchange rate flexibility over time, allowing the Vietnamese dong to move in line with the stage of development of the financial and foreign exchange markets and with economic fundamentals, while maintaining macroeconomic and financial market stability." Translation...we want you to revalue your currency now.
7-22-2021 Intel Guru MarkZ [via PDK] Still hearing that depending on where you are at, that most exchanges will be handled at major banks or centers that they have set up depending on the location, the size and how many currency holders they have in that community or area... [Did I hear that...the IQD and VND rate around $15.00?] I am hearing the same thing…I also hear they will have a street rate around $4. With rate rumors like that I try not to get to excited.
7-22-2021 Intel Guru Fleming Wednesday RV report: Per DoD: Our military intel contact is confirming sources saying that the beginning of the final RV release is currently planned by DoD & UST for this Fri 23 July when the Olympics start in Tokyo, which will initiate the sequence leading to the shotgun start & T4B start if all goes as planned...He is confirming [Guru] TX Snake’s latest intel and [Guru] MarkZ’s today Wed 21 July that redemption centers are still to be ready at any moment to start exchanges this week & weekend and the redemption centers have not been shut down...
7-22-2021 Intel Guru MarkZ [via PDK] [What do you mean when you say dinar should be $4 and up?] Before Sadaam Hussein moved to take over Kuwait (Early 1990’s) the Iraqi Dinar was the strongest currency in the world, and the second strongest was the Kuwaiti Dinar. It would take almost $4 US dollars to buy one dinar. Iraq invaded Kuwait…At that point the IMF/UN devalued the currencies to take away the ability to make war. They devalued both currencies even though Kuwait was innocent because Iraq had moved in and took over the government and the banks. [post 1 of 2....stay tuned]
7-22-2021 Newshound Guru Breitling Question: "Do you think Iraq is waiting until the United States is totally out before they concentrate on the currency?" No. It has nothing to do with it whatsoever. In fact they like the United States being there...
7-22-2021 Newshound Guru Pimpy Sovereign nation has to have a valuable currency to function. They don't have to get no loans or nothing like that. I'm not saying there's a rate change that's going to happen but IMO it's one hell of step forward into the possibility of strengthening the Iraqi dinar...getting the United States out of there and allowing these people to start working on their own, this is a big step IMO...they're counting on the United States for security - that's not being sovereign...
7-22-2021 Intel Guru MarkZ [via PDK] [Do you still expect the RV at the end of July?] The end of July or beginning of August…maybe earlier. That is just my gut feeling…One of my Redemption Center contacts have been told they will be on stand by this weekend and need to be within 2 hours of locations.
7-22-2021 Intel Guru Frank26 You can't spring the monetary reform on the citizens, it would fail...they're making it very clear to the Iraqi citizens that the CBI and Kazemi are changing the exchange rate and changing the currency because the 3 zero notes will not work with the new exchange rate...the international community knows and that's why it's pouring into Iraq. They know that a change is coming from both of these issues - their currency and their exchange rate. Saleh...is explaining to the citizens the how's, the why's, the when's, the where's and soon the date of all of this. It's not a secret.
7-22-2021 Intel Guru Footforward Article: "Joint Statement from the U.S. Department of the Treasury and the State Bank of Vietnam" Article quote: "The SBV is also making ongoing efforts to further modernize and make more transparent its monetary policy and exchange rate framework. In support of these efforts, the SBV will continue to improve exchange rate flexibility over time, allowing the Vietnamese dong to move in line with the stage of development of the financial and foreign exchange markets and with economic fundamentals, while maintaining macroeconomic and financial market stability." Translation...we want you to revalue your currency now.
7-22-2021 Intel Guru MarkZ [via PDK] Still hearing that depending on where you are at, that most exchanges will be handled at major banks or centers that they have set up depending on the location, the size and how many currency holders they have in that community or area... [Did I hear that...the IQD and VND rate around $15.00?] I am hearing the same thing…I also hear they will have a street rate around $4. With rate rumors like that I try not to get to excited.
7-22-2021 Intel Guru Fleming Wednesday RV report: Per DoD: Our military intel contact is confirming sources saying that the beginning of the final RV release is currently planned by DoD & UST for this Fri 23 July when the Olympics start in Tokyo, which will initiate the sequence leading to the shotgun start & T4B start if all goes as planned...He is confirming [Guru] TX Snake’s latest intel and [Guru] MarkZ’s today Wed 21 July that redemption centers are still to be ready at any moment to start exchanges this week & weekend and the redemption centers have not been shut down...
7-21-2021 Intel Guru Bruce [via WiserNow] I think tomorrow [Wednesday] is looking very good – for us to be notified...if the notifications come out...later in the afternoon tomorrow – it is more likely that we would set our appointments on the phone with the toll free numbers and we would be setting them for hopefully Thursday...from my understanding the Treasury may have always wanted this to start for us meaning our exchanges ...on Thursday...I believe we are in a good place for this to go...this week... [post 2 of 2]
7-21-2021 Intel Guru Bruce [via WiserNow] ...the last couple of days have been very...very quiet overall...as far as the contact that we were getting from some of our top bank sources – that seems to have shut down temporarily – and I don’t know if that’s just a matter of NDA or just a matter of the way that they are trying to put a hush on the information - they don’t really want us to know when it is supposed to start for us...the Treasury has wanted our tier 4A & tier 4B to be notified by tomorrow [Wednesday]... [post 1 of 2....stay tuned]
7-21-2021 Newshound Guru Breitling You don't want that...that question scares me for you because what are you going to do? Put your money in an offshore account somewhere and squirrel and sit on it? You don't want that. You always want a reserve/insurance policy for sure but you also want to be able to invest in other opportunities coming up...you don't need to risk... going out of the country, waste of time, waste of money and you're vulnerable... [post 2 of 2] [NOTE: Always pay your fair share of taxes - Consult your tax and financial professionals at the appropriate time to determine what your fair share needs to be.]
7-21-2021 Newshound Guru Breitling Question: "Can the dinars be exchanged for dollars outside the country to save taxes?" I'm assuming you're here in the United States. Yeah you can but you don't want to do that. Bob [Guru BobTheTaxMan] puts on a program where you can not pay taxes here in the United States and it's completely legal. The problem is once you start going out of the country...to these 'safe havens' you don't have any representation. There's no one to represent you. You're a foreigner. They laugh at you. It happens all the time. [post 1 of 2....stay tuned]
7-21-2021 Intel Guru MarkZ [via PDK] [Do you still think this is happening or has it stopped dead in its tracks?] I still think it’s happening. Iraqi contacts think we will see things move and happen this weekend as they wrap up the Eid...holiday, which is some kind of prosperity holiday where they give gifts and good things happen...Everything is still positive...I am looking so forward to crossing the finish link with all of you…
7-21-2021 Intel Guru Frank26 [Guru] Walkingstick and I told you last Monday they are going to come out with negative articles going against the raising of the exchange rate. They are not talking about lifting the 3 zeros from the currency. That's stupid. I saw some guru say, 'Yeah, you see I told you it was a lop. They're lifting the 3 zeros from the currency...' I told you there was going to be misinformation.
7-21-2021 Newshound Guru Pimpy The Kuwait dinar and Iraqi dinar were around the same. They were on par. Iraq is, you know, the second largest oil nation in the Arab world. They're soon to the be first. They'll get there. Then you start doing a side-by-side comparison just for shits and giggles between Iraq and Kuwait. Iraq has a bigger population that means they have a bigger workforce. That makes their currency more valuable. They hold more gold than Kuwait. That makes their currency more valuable. They have more foreign assets. They have more resources than Kuwait does. These are all the things taken into consideration when thinking of the value of the dinar. The only thing that Kuwait's got going on right now is they're pretty stable...
7-21-2021 Intel Guru MarkZ [via PDK] There is a tremendous amount of disinformation being sown right now... You...need to do your due diligence and not have a knee jerk reaction when you hear things… That it has gotten this crazy means we are close…There is no negative news. Things are still moving…just not as quickly as we all would like.
7-21-2021 Intel Guru Bruce [via WiserNow] ...the last couple of days have been very...very quiet overall...as far as the contact that we were getting from some of our top bank sources – that seems to have shut down temporarily – and I don’t know if that’s just a matter of NDA or just a matter of the way that they are trying to put a hush on the information - they don’t really want us to know when it is supposed to start for us...the Treasury has wanted our tier 4A & tier 4B to be notified by tomorrow [Wednesday]... [post 1 of 2....stay tuned]
7-21-2021 Newshound Guru Breitling You don't want that...that question scares me for you because what are you going to do? Put your money in an offshore account somewhere and squirrel and sit on it? You don't want that. You always want a reserve/insurance policy for sure but you also want to be able to invest in other opportunities coming up...you don't need to risk... going out of the country, waste of time, waste of money and you're vulnerable... [post 2 of 2] [NOTE: Always pay your fair share of taxes - Consult your tax and financial professionals at the appropriate time to determine what your fair share needs to be.]
7-21-2021 Newshound Guru Breitling Question: "Can the dinars be exchanged for dollars outside the country to save taxes?" I'm assuming you're here in the United States. Yeah you can but you don't want to do that. Bob [Guru BobTheTaxMan] puts on a program where you can not pay taxes here in the United States and it's completely legal. The problem is once you start going out of the country...to these 'safe havens' you don't have any representation. There's no one to represent you. You're a foreigner. They laugh at you. It happens all the time. [post 1 of 2....stay tuned]
7-21-2021 Intel Guru MarkZ [via PDK] [Do you still think this is happening or has it stopped dead in its tracks?] I still think it’s happening. Iraqi contacts think we will see things move and happen this weekend as they wrap up the Eid...holiday, which is some kind of prosperity holiday where they give gifts and good things happen...Everything is still positive...I am looking so forward to crossing the finish link with all of you…
7-21-2021 Intel Guru Frank26 [Guru] Walkingstick and I told you last Monday they are going to come out with negative articles going against the raising of the exchange rate. They are not talking about lifting the 3 zeros from the currency. That's stupid. I saw some guru say, 'Yeah, you see I told you it was a lop. They're lifting the 3 zeros from the currency...' I told you there was going to be misinformation.
7-21-2021 Newshound Guru Pimpy The Kuwait dinar and Iraqi dinar were around the same. They were on par. Iraq is, you know, the second largest oil nation in the Arab world. They're soon to the be first. They'll get there. Then you start doing a side-by-side comparison just for shits and giggles between Iraq and Kuwait. Iraq has a bigger population that means they have a bigger workforce. That makes their currency more valuable. They hold more gold than Kuwait. That makes their currency more valuable. They have more foreign assets. They have more resources than Kuwait does. These are all the things taken into consideration when thinking of the value of the dinar. The only thing that Kuwait's got going on right now is they're pretty stable...
7-21-2021 Intel Guru MarkZ [via PDK] There is a tremendous amount of disinformation being sown right now... You...need to do your due diligence and not have a knee jerk reaction when you hear things… That it has gotten this crazy means we are close…There is no negative news. Things are still moving…just not as quickly as we all would like.
7-20-2021 Newshound Guru Breitling Question "Would you please explain the difference between a managed float and free market float...?" Iraq has a couple of options depending on the business strategic partnerships they have. If it gets to the point where it's too messy/everything is moving too much they are going to go with a managed float. But if the markets open up and they are looking at what you and I are looking at where the worlds money supply is going to double by 2032 then they want a real market rate...All it is that's going to dictate for you is the speed of the value going up. That's going to dictate how long you're in this investment. It's not a negative thing...you do not want to be in an investment forever...there's more opportunity coming down in completely different sectors than Iraq that will blow away what you and I are doing especially if it revalues and you have money. It's a game changer. You need to have an exit strategy.
7-20-2021 Newshound Guru Kaperoni [via Zig] ...but again, they have to float the currency first and make it internationally recognized so that they have an alternative to the auctions before they could ever reduce the money supply. I don't expect anything to happen this year because Iraq doesn't pass the laws and create any condition for investors to come in. If you read any of the articles or news coming out of Iraq you will see it is nothing but complaints about how difficult it is to do business with Iraq... [post 2 of 2]
7-20-2021 Newshound Guru Kaperoni [via Zig] There will never be an RV of the Iraqi dinar it's just not how monetary policy works and as I've already mentioned there's too much currency in circulation. In the talk of reducing the money supply, it can't be done because they currently use the auctions to maintain the exchange rate which is a balance between dinar and dollar. The only way they can reduce the money supply is to float the currency and allow it to gradually rise over time, and at the same time they could reduce the currency... [Post 1 of 2....stay tuned]
7-20-2021 Newshound/Intel Guru Mnt Goat Article: "AL-KAZEMI’S ADVISOR: NOT TO RELY ON OIL PRICES BECAUSE THEY ARE UNSTABLE, TO CHANGE THE DOLLAR EXCHANGE RATE AGAINST THE IRAQI DINAR" What I believe Saleh is saying is that they should take the dinar off the de facto peg to the dollar as it is fixed and dependent on oil prices. We know the only way to do this is to reinstate it back on FOREX, put it in a basket of the 5 other currencies and get off the sole peg to the US dollar and then to float it. This way it will not be so subject to oil prices alone. This should have been done years ago...
7-20-2021 Intel Guru Frank26 I see people calling me about bonds. Bonds? What' about bonds? 'Yeah, well you know they're doing them and that means that it's going to happen.' What's going go happen? What does bonds have to do with the Iraqi dinar monetary reform? ...I'm not making fun of anybody but...you have to be careful where you get your information. Some guy called me and say, 'Hey Frank the pay masters just approved the monetary reform.' Pay masters? Of what?!? 'Frank, the GCR is on.' The What?!?! 'Frank, they just signed an NDA.' What?!?! What does a Nondisclosure agreement have to do with any of this?? I'm not trying to make fun of anybody...
7-20-2021 Intel Guru MarkZ [via PDK] We are still seeing solid movement and that makes me feel warm and fuzzy. ...My sources are in a much better frame of mind about where we are then they have ever been…it’s a slow steady rollout…not as fast as we would like…but it is rolling out... hopefully by the weekend we see the release of 800 numbers and links …this is just based on the progress we have seen so far …For those of you following the EID holiday in Iraq – it ends on Friday…There had been a lot of documentation and articles in Iraqi news that they had wanted to get redemption instructions before the holiday…it didn’t happen. But this Friday timing fits with what we are seeing ...and we are watching it closely.
7-20-2021 Newshound Guru Pimpy Article: "Al-Kazemi's advisor: There is no change in the dollar exchange rate" Still talking about the rate change. Why? If you're saying this rate change is not going to happen this year why do you continue to talk about it? That doesn't make no sense. If you're trying to tell us the rate change is supposed to stay the same for the next 3 to 5 years then why are you talking about it? ...obviously it's being talked about between the powers that be. And it's being talked about a lot, to the point that this guy has to keep coming out and saying that it is not happening. So we will see.
7-20-2021 Intel Guru MarkZ [via PDK] [Do you think the RV will happen this month Mark?] I think it will happen this month….but I have been wrong before...
7-20-2021 Newshound Guru Kaperoni ...There's no chance of a significant RV. Too much dinar in circulation. Only with the success of Iraq's economy can the dinar go up in value. Iraq has lots of work to do...Iraq has many laws to pass to create the conditions for investors to come in and rebuild the economy.
7-20-2021 Newshound Guru Kaperoni [via Zig] ...but again, they have to float the currency first and make it internationally recognized so that they have an alternative to the auctions before they could ever reduce the money supply. I don't expect anything to happen this year because Iraq doesn't pass the laws and create any condition for investors to come in. If you read any of the articles or news coming out of Iraq you will see it is nothing but complaints about how difficult it is to do business with Iraq... [post 2 of 2]
7-20-2021 Newshound Guru Kaperoni [via Zig] There will never be an RV of the Iraqi dinar it's just not how monetary policy works and as I've already mentioned there's too much currency in circulation. In the talk of reducing the money supply, it can't be done because they currently use the auctions to maintain the exchange rate which is a balance between dinar and dollar. The only way they can reduce the money supply is to float the currency and allow it to gradually rise over time, and at the same time they could reduce the currency... [Post 1 of 2....stay tuned]
7-20-2021 Newshound/Intel Guru Mnt Goat Article: "AL-KAZEMI’S ADVISOR: NOT TO RELY ON OIL PRICES BECAUSE THEY ARE UNSTABLE, TO CHANGE THE DOLLAR EXCHANGE RATE AGAINST THE IRAQI DINAR" What I believe Saleh is saying is that they should take the dinar off the de facto peg to the dollar as it is fixed and dependent on oil prices. We know the only way to do this is to reinstate it back on FOREX, put it in a basket of the 5 other currencies and get off the sole peg to the US dollar and then to float it. This way it will not be so subject to oil prices alone. This should have been done years ago...
7-20-2021 Intel Guru Frank26 I see people calling me about bonds. Bonds? What' about bonds? 'Yeah, well you know they're doing them and that means that it's going to happen.' What's going go happen? What does bonds have to do with the Iraqi dinar monetary reform? ...I'm not making fun of anybody but...you have to be careful where you get your information. Some guy called me and say, 'Hey Frank the pay masters just approved the monetary reform.' Pay masters? Of what?!? 'Frank, the GCR is on.' The What?!?! 'Frank, they just signed an NDA.' What?!?! What does a Nondisclosure agreement have to do with any of this?? I'm not trying to make fun of anybody...
7-20-2021 Intel Guru MarkZ [via PDK] We are still seeing solid movement and that makes me feel warm and fuzzy. ...My sources are in a much better frame of mind about where we are then they have ever been…it’s a slow steady rollout…not as fast as we would like…but it is rolling out... hopefully by the weekend we see the release of 800 numbers and links …this is just based on the progress we have seen so far …For those of you following the EID holiday in Iraq – it ends on Friday…There had been a lot of documentation and articles in Iraqi news that they had wanted to get redemption instructions before the holiday…it didn’t happen. But this Friday timing fits with what we are seeing ...and we are watching it closely.
7-20-2021 Newshound Guru Pimpy Article: "Al-Kazemi's advisor: There is no change in the dollar exchange rate" Still talking about the rate change. Why? If you're saying this rate change is not going to happen this year why do you continue to talk about it? That doesn't make no sense. If you're trying to tell us the rate change is supposed to stay the same for the next 3 to 5 years then why are you talking about it? ...obviously it's being talked about between the powers that be. And it's being talked about a lot, to the point that this guy has to keep coming out and saying that it is not happening. So we will see.
7-20-2021 Intel Guru MarkZ [via PDK] [Do you think the RV will happen this month Mark?] I think it will happen this month….but I have been wrong before...
7-20-2021 Newshound Guru Kaperoni ...There's no chance of a significant RV. Too much dinar in circulation. Only with the success of Iraq's economy can the dinar go up in value. Iraq has lots of work to do...Iraq has many laws to pass to create the conditions for investors to come in and rebuild the economy.
7-19-2021 Intel Guru Footforward Article quote: "Prime Minister @MAKadhimi We are working to remove the name of Iraq from the list of countries accused of money laundering, after Iraq has fulfilled all its obligations, and we are looking for developing relations with Europe for what it can offer to Iraq in the field of reconstruction and investment." Which they can't do with a worthless currency.
7-19-2021 Newshound Guru Breitling Question: "Is it realistic to think we will have our blessing before September 1st?" It could revalue tonight. It would be 100% legit and it would work. They could have done it at the beginning of the year that's why I was so excited...yes it is realistic for this to happen before September 1st.
7-19-2021 Newshound Guru Pimpy See what I'm saying? These oil rich nations have very valuable currencies...Saudi Arabia: for every 1 Saudi Arabia dollar we get back 27 cents U.S. dollars. If this was the Iraq dinar I'll take .27 cents...! That's another oil nation. UAE: Same thing. For every 1 of their dollars they give back 27 cents. Qatar: Same things. For every 1 or their currencies you get back .27 cents U.S. dollars. Even if we took the worst out of all of these [not under sanctions]...I'll take .27 cents for every 1 Iraqi dinar...the IQD is no where near this...it's not even a half a cent...So when you look at all the surrounding currencies of other oil rich nations there's no reason not to believe that the IQD...won't get up there as well... [post 2 of 2]
7-19-2021 Newshound Guru Pimpy Let's think about this logically so we take a look at a map...let's look at the other oil nations to see where they stand as far as their currencies are involved...for every 1 Kuwait dinar that you exchange you get back 3.32 of US dollars...Bahrain: for every 1 Bahrain you get back 2.65 U.S. dollars. You see why people get excited. These are other oil nations not under sanctions. You can see the value of their currencies. The reason why their currencies are so valuable is because they are oil producing nations. Omani rial: For every one of their currencies you get back 2.60 of U.S. dollars. I can understand why people get excited. Jordan: for every 1 of their dollars you get back 1.41 of United States dollars. [post 1 of 2....stay tuned]
7-19-2021 Intel Guru MarkZ [via PDK] This weekend played out like we thought it would… its very positive that we have seen so much progress in tiers 1 and 2….now we need to see progress in tier 3…Things still seem to be on track, but nobody knows the exact timing. …this thing is very fluid... Keep praying…we are still seeing steady progress…Things are so different now then they have ever been before. I am going to sit back and watch it all roll out.
7-19-2021 Intel Guru Frank26 In history no redenomination has ever been kept a secret. If so then it would have failed. Why do you think it's so important for the international world to know the things that you are suspecting and smelling and saying what's going on? You know what's going on. You just can't spring the monetary reform on the citizens of Iraq. No. Education is the process now. And what they are teaching them about is...the new exchange rate and the new small category notes. They're making it very clear to the citizens of Iraq that they're changing the rate. That they're changing their currency...everybody is against the wall. We're only waiting for the CBI to give us a date...
7-19-2021 Intel Guru Fleming Sunday RV Report: Our military intel contact said his info from Mr Fleming’s sources matches our guy’s info: “all done done done and release any time now..."
7-19-2021 Intel Guru MarkZ [via PDK] [There is talk again of Iraq dropping 3 zeros from their currency.] Isn’t that neat? Dropping means they change value and don’t need the large 3 zero bills anymore. History has shown us how that works
7-19-2021 Newshound Guru Breitling Question: "Is it realistic to think we will have our blessing before September 1st?" It could revalue tonight. It would be 100% legit and it would work. They could have done it at the beginning of the year that's why I was so excited...yes it is realistic for this to happen before September 1st.
7-19-2021 Newshound Guru Pimpy See what I'm saying? These oil rich nations have very valuable currencies...Saudi Arabia: for every 1 Saudi Arabia dollar we get back 27 cents U.S. dollars. If this was the Iraq dinar I'll take .27 cents...! That's another oil nation. UAE: Same thing. For every 1 of their dollars they give back 27 cents. Qatar: Same things. For every 1 or their currencies you get back .27 cents U.S. dollars. Even if we took the worst out of all of these [not under sanctions]...I'll take .27 cents for every 1 Iraqi dinar...the IQD is no where near this...it's not even a half a cent...So when you look at all the surrounding currencies of other oil rich nations there's no reason not to believe that the IQD...won't get up there as well... [post 2 of 2]
7-19-2021 Newshound Guru Pimpy Let's think about this logically so we take a look at a map...let's look at the other oil nations to see where they stand as far as their currencies are involved...for every 1 Kuwait dinar that you exchange you get back 3.32 of US dollars...Bahrain: for every 1 Bahrain you get back 2.65 U.S. dollars. You see why people get excited. These are other oil nations not under sanctions. You can see the value of their currencies. The reason why their currencies are so valuable is because they are oil producing nations. Omani rial: For every one of their currencies you get back 2.60 of U.S. dollars. I can understand why people get excited. Jordan: for every 1 of their dollars you get back 1.41 of United States dollars. [post 1 of 2....stay tuned]
7-19-2021 Intel Guru MarkZ [via PDK] This weekend played out like we thought it would… its very positive that we have seen so much progress in tiers 1 and 2….now we need to see progress in tier 3…Things still seem to be on track, but nobody knows the exact timing. …this thing is very fluid... Keep praying…we are still seeing steady progress…Things are so different now then they have ever been before. I am going to sit back and watch it all roll out.
7-19-2021 Intel Guru Frank26 In history no redenomination has ever been kept a secret. If so then it would have failed. Why do you think it's so important for the international world to know the things that you are suspecting and smelling and saying what's going on? You know what's going on. You just can't spring the monetary reform on the citizens of Iraq. No. Education is the process now. And what they are teaching them about is...the new exchange rate and the new small category notes. They're making it very clear to the citizens of Iraq that they're changing the rate. That they're changing their currency...everybody is against the wall. We're only waiting for the CBI to give us a date...
7-19-2021 Intel Guru Fleming Sunday RV Report: Our military intel contact said his info from Mr Fleming’s sources matches our guy’s info: “all done done done and release any time now..."
7-19-2021 Intel Guru MarkZ [via PDK] [There is talk again of Iraq dropping 3 zeros from their currency.] Isn’t that neat? Dropping means they change value and don’t need the large 3 zero bills anymore. History has shown us how that works
7-18-2021 Intel Guru Frank26 Iraq is blowing up [In a good way!] and it's because IMO you have the monetary reform established already with Article VIII and now the world is pouring in and this place is growing leaps and bounds...they're talking about it constantly, 'yeah, we're lifting the 3 zeros'...they have the monetary reform. Yeah, they're about to announce it...
7-18-2021 Intel/Newshound Guru sandyf "Iraq seeks to join the World Trade Organization - Iraq has been trying to join the WTO since 2004. One of biggest obstacles is the differences between Iraq and the Kurds over border policies. The WTO sees Iraq as a single entity not two, until there is a unified policy in Iraq, I wouldn't hold my breath on them getting membership anytime soon.
7-18-2021 Newshound/Intel Guru Mnt Goat I am hearing from the IMF and the CBI that they first want to ascend Iraq to the WTO prior to reinstating their currency. This gives them a wide range of trade opportunities they presently do not have and will need. Did I say any country needs to be in the WTO to trade their currency on FOREX? NO!...
7-18-2021 Newshound Guru Breitling Question: "Can you talk about the possibility of a global currency reset and if so how soon?" There is not going to be no Global Currency Reset! I don't know who is putting that stuff out there but the United States doesn't have control over anybody's currency. We're competing against Russian's currency. We're competing against the EU and the euro. We're competing against the Wan. There is not group of 'elites' hiding behind a curtain somewhere that's getting together and conspiring on currencies...I know there are conspiracy theories out there but it just keeps coming up over and over and you're wasting your time. It's not real. There is not going to be a global currency reset.
7-18-2021 Newshound Guru Pimpy People are like, 'How do you know it's [the dinar] going to go up?' The United Nations/United councils says there's no reason for Iraq not to be reinstated back to their former rate of $3.22. They said this. They said it several times...
7-18-2021 Intel Guru Frank26 The Iraqi dinar monetary reform is going to effect many countries. Be careful where you go and get your information. It's not an "RV"...it's an "RI"...for their monetary reform they had to go through an RD (redenomination). They did that. They had to go through an RV. They did that with the Fab 4...that was the revalualization. Now they have to go through what's called an RI to reinstate their currency back into the international world...
7-18-2021 Intel/Newshound Guru sandyf "Iraq seeks to join the World Trade Organization - Iraq has been trying to join the WTO since 2004. One of biggest obstacles is the differences between Iraq and the Kurds over border policies. The WTO sees Iraq as a single entity not two, until there is a unified policy in Iraq, I wouldn't hold my breath on them getting membership anytime soon.
7-18-2021 Newshound/Intel Guru Mnt Goat I am hearing from the IMF and the CBI that they first want to ascend Iraq to the WTO prior to reinstating their currency. This gives them a wide range of trade opportunities they presently do not have and will need. Did I say any country needs to be in the WTO to trade their currency on FOREX? NO!...
7-18-2021 Newshound Guru Breitling Question: "Can you talk about the possibility of a global currency reset and if so how soon?" There is not going to be no Global Currency Reset! I don't know who is putting that stuff out there but the United States doesn't have control over anybody's currency. We're competing against Russian's currency. We're competing against the EU and the euro. We're competing against the Wan. There is not group of 'elites' hiding behind a curtain somewhere that's getting together and conspiring on currencies...I know there are conspiracy theories out there but it just keeps coming up over and over and you're wasting your time. It's not real. There is not going to be a global currency reset.
7-18-2021 Newshound Guru Pimpy People are like, 'How do you know it's [the dinar] going to go up?' The United Nations/United councils says there's no reason for Iraq not to be reinstated back to their former rate of $3.22. They said this. They said it several times...
7-18-2021 Intel Guru Frank26 The Iraqi dinar monetary reform is going to effect many countries. Be careful where you go and get your information. It's not an "RV"...it's an "RI"...for their monetary reform they had to go through an RD (redenomination). They did that. They had to go through an RV. They did that with the Fab 4...that was the revalualization. Now they have to go through what's called an RI to reinstate their currency back into the international world...
7-17-2021 Intel Guru Fleming Saturday RV Update: Our military intel contact said his info is the same as from Mr Fleming’s sources...The source sounded really excited as he was in a meeting and relayed the message back to me. He could not say much but only that the RV is 1000% confirmed to be released any day now. He is not going to give out dates but he assured me any time now.
7-17-2021 Intel Guru MarkZ [via PDK] Not as much news as I expected this weekend. Not seeing any movement on the currency side. What I want to share with you comes out of Iraq. “The Iraqi government is trying to work on dispersing salaries before EID. The ministry is waiting for the exchange instructions by the general administration of Rafidan Bank, and the release of all the salaries will be released on the official page of the ministries website, the department page and various media once they are launched by the bank.”. We know we are close guys. We are in the shorts of this thing even according to the Iraq government.
7-17-2021 Newshound/Intel Gurus Walkingstick & Frank26 The next phenomenal articles that are going to come out are going to talk about the new calculated exchange rate and about the new small category notes - the picture, the denominations etc etc...the next phenomenal articles will have a date of the releasing of the new small category notes and the new exchange rate...
7-17-2021 Newshound Guru Breitling Question: "Can they revalue the currency and protect their economy and price for the next ten years by the end of the year?" Absolutely they can. They could have done it this summer. It's on the edge. They are not working on anything else. This is the answer to all of their problems...
7-17-2021 Newshound/Intel Guru Mnt Goat Article: "AL-KAZEMI’S ADVISOR: THERE ARE 3 REASONS THAT PREVENT THE DOLLAR’S EXCHANGE RATE FROM CHANGING “CURRENTLY" They are considering only the exchange rate as a program rate solely pegged to the US dollar and not as an IMF basket of global currencies and reinstated back on FOREX when traders come to buy. All these arguments do not take into consideration major reforms in their currency and only dwell on short term solutions staying within the use of the currency auctions and program rate. So of course leaving the dinar in this situation why would you revalue it against the dollar? It does not make any sense to do it. But this is NOT what must happen and NOT what is going to happen.
7-17-2021 Newshound Guru Pimpy There are no 800#s. You're not going to get an email. The only email you'll get is that somebody that's within your group gets the announcement when it actually really happens and they send an email out to everybody saying, 'Hey it's happening!' But you're not special. You're not going to get any kind of special email. There's no 800 numbers for you to call as a matter of fact go away from those people who say that. The reason is I don't feel comfortable with somebody saying, 'hey call this 800#!'...they steal your dinar and they take it...
7-17-2021 Intel Guru Frank26 The global currency reset is a bunch of garbage as it is explained on the internet. There is a 'reset' occurring and it does deal with currency but I certainly wouldn't call it a global currency reset. I like QSF much better. The Iraqi dinar is heavily involved in this. 'Do you think it's involved at at 1450-60 program rate? Of course not...
7-17-2021 Intel Guru MarkZ [via PDK] [Have we ever been in this position before?] No we have never been in this position before…we have never seen this progress before…
7-17-2021 Intel Guru MarkZ [via PDK] Not as much news as I expected this weekend. Not seeing any movement on the currency side. What I want to share with you comes out of Iraq. “The Iraqi government is trying to work on dispersing salaries before EID. The ministry is waiting for the exchange instructions by the general administration of Rafidan Bank, and the release of all the salaries will be released on the official page of the ministries website, the department page and various media once they are launched by the bank.”. We know we are close guys. We are in the shorts of this thing even according to the Iraq government.
7-17-2021 Newshound/Intel Gurus Walkingstick & Frank26 The next phenomenal articles that are going to come out are going to talk about the new calculated exchange rate and about the new small category notes - the picture, the denominations etc etc...the next phenomenal articles will have a date of the releasing of the new small category notes and the new exchange rate...
7-17-2021 Newshound Guru Breitling Question: "Can they revalue the currency and protect their economy and price for the next ten years by the end of the year?" Absolutely they can. They could have done it this summer. It's on the edge. They are not working on anything else. This is the answer to all of their problems...
7-17-2021 Newshound/Intel Guru Mnt Goat Article: "AL-KAZEMI’S ADVISOR: THERE ARE 3 REASONS THAT PREVENT THE DOLLAR’S EXCHANGE RATE FROM CHANGING “CURRENTLY" They are considering only the exchange rate as a program rate solely pegged to the US dollar and not as an IMF basket of global currencies and reinstated back on FOREX when traders come to buy. All these arguments do not take into consideration major reforms in their currency and only dwell on short term solutions staying within the use of the currency auctions and program rate. So of course leaving the dinar in this situation why would you revalue it against the dollar? It does not make any sense to do it. But this is NOT what must happen and NOT what is going to happen.
7-17-2021 Newshound Guru Pimpy There are no 800#s. You're not going to get an email. The only email you'll get is that somebody that's within your group gets the announcement when it actually really happens and they send an email out to everybody saying, 'Hey it's happening!' But you're not special. You're not going to get any kind of special email. There's no 800 numbers for you to call as a matter of fact go away from those people who say that. The reason is I don't feel comfortable with somebody saying, 'hey call this 800#!'...they steal your dinar and they take it...
7-17-2021 Intel Guru Frank26 The global currency reset is a bunch of garbage as it is explained on the internet. There is a 'reset' occurring and it does deal with currency but I certainly wouldn't call it a global currency reset. I like QSF much better. The Iraqi dinar is heavily involved in this. 'Do you think it's involved at at 1450-60 program rate? Of course not...
7-17-2021 Intel Guru MarkZ [via PDK] [Have we ever been in this position before?] No we have never been in this position before…we have never seen this progress before…
7-16-2021 Intel Guru Fleming Friday Evening RV Report: Our military intel contact cannot say too much for security reasons because the T4B start is so close, but what he can say is (1) Just 24 hours ago Value Day [which is correlated with T4B start] was still set for today Fri 16 July or Sat 17 July at the latest so BE READY, as bankers are still being told, the T4B start is "IMMINENT, ANY MOMENT"; (2) There is a lot of misinfo/disinfo out there about timing of the T4B start...So our guy repeated, BE READY FOR THE START NOW and not necessarily in a few days...be ready for any moment start of T4B from now forward.
7-16-2021 Newshound Guru Breitling Comment: 'If there's advanced notice announcement then investors would come out of the rafters to buy up all the remaining dinar.' That's exactly it. That's why you're never going to find that magic article...if anything when...they start to add value to it you're probably going to get the most negative articles you've seen. Every country that's ever added value to their currency, that's exactly what they did...
7-16-2021 Intel Guru Bruce [via WiserNow] ...there is activity going on behind the scenes...enough has been completed where I believe we can move forward with tier 4 exchanges...we’ve got a value date scheduled for tomorrow [Friday] whereby we are supposed to be notified in our tier 4 A&B group...or “maybe” it’s another 2-3 days and we’re looking at early next week – Monday/Tuesday...I believe we are on sort of a moment by moment basis...
7-16-2021 Newshound Guru Pimpy If they [people on the Internet] start giving you a date or a rate, run the opposite way. You understand how illegal that is...for them to be going on the youtube and announcing it? They're idiots. That would be a clear violation of our federal exchange commission laws. It would be like insider trading...If they tell you that the currency exchange rate is happening in country, that's a lie. That makes absolutely no sense...there is no exchange rate in country without one out of country. They do it at the same time.
7-16-2021 Intel Guru MarkZ [via PDK] Very little news overnight as expected...I am still of a mind that we could be at “any moment”...That is certainly the chatter I am hearing from all my banking sources. They will not give me any details …just that things are “imminent”. They have been doing a good job at being quiet.
7-16-2021 Newshound Guru NORV [aka Kaperoni] A re-denomination is a neutral event. Zero gain. If they did such an event, they could raise it incrementally thereafter which would be a increase in the exchange rate...but only minimal. There is no significant RV of the dinar. Only if they choose to float from the current rate will the dinar significantly rise, but it would be over time. ...Iraq is only worth about $16-$18 trillion dollars and they have well over 45 trillion dinar in circulation. That is a fact! The math does not work! Therefore, they either LOP the dinar reducing the dinar from 45 trillion to 45 billion and then incrementally raise it as the economy grows. Or, they float the dinar at the current rate and reduce the money supply gradually as the exchange rate rises.
7-16-2021 Newshound/Intel Gurus Walkingstick & Frank26 They are telling the citizens and they are explaining to the citizens the why's and how's of the new exchange rate and the why's and the how's of the 3 zeros that must be lifted in order to bring a change to their currency for their economic reforms now...the last 4 weeks of articles have been on the exchange rate, the lifting of the 3 zeros, the managed float and the pros and cons of all of these they are talking about...
7-16-2021 Intel Guru MarkZ [via PDK] [How will we know if we are getting a contract rate?] It will be higher than the street rate. Before you go in you should be able to find out what the street rate is. Or when you get there ask what is the current rate of the dong and dinar…so when you go in to exchange and they offer you a rate higher than the street rate…you know you are getting the contract rate. [Is it possible that the dong rate could be as high as $6?] ...its possible…I still believe it will be in the lower $2 range. But I can tell you that a number of people I am in contact with think it could trend up to over the $10 dollar range. Right now they are showing the dinar in the upper teens.
7-16-2021 Newshound Guru Breitling Comment: 'If there's advanced notice announcement then investors would come out of the rafters to buy up all the remaining dinar.' That's exactly it. That's why you're never going to find that magic article...if anything when...they start to add value to it you're probably going to get the most negative articles you've seen. Every country that's ever added value to their currency, that's exactly what they did...
7-16-2021 Intel Guru Bruce [via WiserNow] ...there is activity going on behind the scenes...enough has been completed where I believe we can move forward with tier 4 exchanges...we’ve got a value date scheduled for tomorrow [Friday] whereby we are supposed to be notified in our tier 4 A&B group...or “maybe” it’s another 2-3 days and we’re looking at early next week – Monday/Tuesday...I believe we are on sort of a moment by moment basis...
7-16-2021 Newshound Guru Pimpy If they [people on the Internet] start giving you a date or a rate, run the opposite way. You understand how illegal that is...for them to be going on the youtube and announcing it? They're idiots. That would be a clear violation of our federal exchange commission laws. It would be like insider trading...If they tell you that the currency exchange rate is happening in country, that's a lie. That makes absolutely no sense...there is no exchange rate in country without one out of country. They do it at the same time.
7-16-2021 Intel Guru MarkZ [via PDK] Very little news overnight as expected...I am still of a mind that we could be at “any moment”...That is certainly the chatter I am hearing from all my banking sources. They will not give me any details …just that things are “imminent”. They have been doing a good job at being quiet.
7-16-2021 Newshound Guru NORV [aka Kaperoni] A re-denomination is a neutral event. Zero gain. If they did such an event, they could raise it incrementally thereafter which would be a increase in the exchange rate...but only minimal. There is no significant RV of the dinar. Only if they choose to float from the current rate will the dinar significantly rise, but it would be over time. ...Iraq is only worth about $16-$18 trillion dollars and they have well over 45 trillion dinar in circulation. That is a fact! The math does not work! Therefore, they either LOP the dinar reducing the dinar from 45 trillion to 45 billion and then incrementally raise it as the economy grows. Or, they float the dinar at the current rate and reduce the money supply gradually as the exchange rate rises.
7-16-2021 Newshound/Intel Gurus Walkingstick & Frank26 They are telling the citizens and they are explaining to the citizens the why's and how's of the new exchange rate and the why's and the how's of the 3 zeros that must be lifted in order to bring a change to their currency for their economic reforms now...the last 4 weeks of articles have been on the exchange rate, the lifting of the 3 zeros, the managed float and the pros and cons of all of these they are talking about...
7-16-2021 Intel Guru MarkZ [via PDK] [How will we know if we are getting a contract rate?] It will be higher than the street rate. Before you go in you should be able to find out what the street rate is. Or when you get there ask what is the current rate of the dong and dinar…so when you go in to exchange and they offer you a rate higher than the street rate…you know you are getting the contract rate. [Is it possible that the dong rate could be as high as $6?] ...its possible…I still believe it will be in the lower $2 range. But I can tell you that a number of people I am in contact with think it could trend up to over the $10 dollar range. Right now they are showing the dinar in the upper teens.
7-15-2021 Intel Guru Holly Thursday Rv News: Where are we today. We are on a very slow roll out still...Progress is being made although way slower then we all would have liked.
7-15-2021 Intel Guru Frank26 Article quote: 'the importance of deleting the zeros from the currency and slimming its units...' the interpretation of these articles suck...'the importance of deleting zeros', in other words adding value to the currency of Iraq...it's important right now. It is to introduce new small category notes...they don't have 3 zeros. They are 'slimmer'...
7-15-2021 Intel Guru Fleming Thursday RV Report...Our military intel contact said the... release to proceed toward T4B notifications was given at 1:56 pm EST today Thu 15 July; so his info fits Mr Fleming’s sources saying to watch for T4B notification emails to come out as early as any moment the rest of today going forward...7/16 is set as VALUE DAY when all rates are locked in for our Redemption/Exchange...
7-15-2021 Newshound Guru Breitling One of the things [I hear] that's kind of funny is that 'Iraq is so corrupt that's why this isn't getting done.' That's the dumbest thing I've ever heard. If Iraq was so corrupt they would have revalued the currency and made as much money off of it as they could even though it would have probably crashed. They would have gotten in and out. That's corruption. Keeping the currency where it's at and using the US dollar is discipline. They're actually did good. It's coming.
7-15-2021 Intel Guru MarkZ [via PDK] [Do you think they will start next week on tier 4B?] ...yes they probably will start by next week...[Do you think there is a delay?] No- I do not think they are kicking the can…I think it’s just logistics, and they are doing everything they can to get this done as progressively and quickly and securely as they can to get us all to the finish line. [When do we expect 800 numbers?] I don’t know. The goal early this week was for Thursday (today). We just have to let it play out.
7-15-2021 Newshound Guru Pimpy If you go along and you start doing the increments - increasing the value of the dinar against the US dollar. They were talking about exchanging out [the higher denominations notes]. In other words they're going to take away the 25,000 and 30000 [50,000?] dinars as they came in [to the Iraqi banks] but they would exchange it for equal value...in other words if I brought in 25,000 dinars they might give me 5 - 5000 dinars so I still have my 25000 dinars and that would be how they get rid of the higher denominations...I could see that happening...
7-15-2021 Intel Guru Bruce I am pretty much excited...I have been told...that this is it...and the reason is because items that we have learned over the last few days that are pointing toward an actual end to what we have been waiting for...the shotgun start that we’ve talked about for years – is about to take place...We know that we’ve been close many times before – and we know that we’ve had some false starts...but we do believe we are at the point now where...all are in alignment for this to be released...This time line is coming from one of the highest sources – and we believe...it’s accurate...I’m very excited and do believe this is finally “IT”... I do believe we are going to get very good rates - better than we thought...
7-15-2021 Intel Guru MarkZ [via PDK] [Any news on the dong rates right now?] We don’t know exactly what it is going to be…I still think it will be in the low $2 range…We are hearing it is showing on bank screens at well over $10 right now…mid teens…IQD is showing around $20.00…I have always believed we would get around $8…street rate around $4.
7-15-2021 Intel Guru Frank26 Article quote: 'the importance of deleting the zeros from the currency and slimming its units...' the interpretation of these articles suck...'the importance of deleting zeros', in other words adding value to the currency of Iraq...it's important right now. It is to introduce new small category notes...they don't have 3 zeros. They are 'slimmer'...
7-15-2021 Intel Guru Fleming Thursday RV Report...Our military intel contact said the... release to proceed toward T4B notifications was given at 1:56 pm EST today Thu 15 July; so his info fits Mr Fleming’s sources saying to watch for T4B notification emails to come out as early as any moment the rest of today going forward...7/16 is set as VALUE DAY when all rates are locked in for our Redemption/Exchange...
7-15-2021 Newshound Guru Breitling One of the things [I hear] that's kind of funny is that 'Iraq is so corrupt that's why this isn't getting done.' That's the dumbest thing I've ever heard. If Iraq was so corrupt they would have revalued the currency and made as much money off of it as they could even though it would have probably crashed. They would have gotten in and out. That's corruption. Keeping the currency where it's at and using the US dollar is discipline. They're actually did good. It's coming.
7-15-2021 Intel Guru MarkZ [via PDK] [Do you think they will start next week on tier 4B?] ...yes they probably will start by next week...[Do you think there is a delay?] No- I do not think they are kicking the can…I think it’s just logistics, and they are doing everything they can to get this done as progressively and quickly and securely as they can to get us all to the finish line. [When do we expect 800 numbers?] I don’t know. The goal early this week was for Thursday (today). We just have to let it play out.
7-15-2021 Newshound Guru Pimpy If you go along and you start doing the increments - increasing the value of the dinar against the US dollar. They were talking about exchanging out [the higher denominations notes]. In other words they're going to take away the 25,000 and 30000 [50,000?] dinars as they came in [to the Iraqi banks] but they would exchange it for equal value...in other words if I brought in 25,000 dinars they might give me 5 - 5000 dinars so I still have my 25000 dinars and that would be how they get rid of the higher denominations...I could see that happening...
7-15-2021 Intel Guru Bruce I am pretty much excited...I have been told...that this is it...and the reason is because items that we have learned over the last few days that are pointing toward an actual end to what we have been waiting for...the shotgun start that we’ve talked about for years – is about to take place...We know that we’ve been close many times before – and we know that we’ve had some false starts...but we do believe we are at the point now where...all are in alignment for this to be released...This time line is coming from one of the highest sources – and we believe...it’s accurate...I’m very excited and do believe this is finally “IT”... I do believe we are going to get very good rates - better than we thought...
7-15-2021 Intel Guru MarkZ [via PDK] [Any news on the dong rates right now?] We don’t know exactly what it is going to be…I still think it will be in the low $2 range…We are hearing it is showing on bank screens at well over $10 right now…mid teens…IQD is showing around $20.00…I have always believed we would get around $8…street rate around $4.
7-14-2021 Newshound Guru Breitling Question "Are there any signs pointing us to the end of this investment?" There are. Being able to use the Iraqi dinar in the Swift system...the whole world has access to the currency. That's what's amazing for what you and I have right now. Not too many people have access to what you and I have. You can complain you've been waiting for this but it's all part of the game and it's nothing new...they are going to add value to their currency...
7-14-2021 Newshound Guru Pimpy In order for the lower denomination to be used...it's not possible unless something happens. And what is that something? They would have to change the exchange rate...the lower denominations like the 5's, 10's, 25's, 100's and 500's and 1000's - the only reason why they are not being used is because they have no value...so why would you use them unless you plan on chaining the exchange rate...
7-14-2021 Newshound Guru Jeff Yesterday Iraq puts out at least two articles talking about deleting the zeros...this could really go one of two directions. They could either remove zeros from the notes from the notes or remove the zeros off the exchange rate. No matter what they're gonna tell you what they're gonna do. It's not a secret...Iraq is clearly telling you they're taking 3 zeros off the notes...I'm not making this up...it's in print... quote: 'denominations of 200 dinars (equivalent to 200 thousand dinars in the currency currency).' That is removing zeros from the notes...
7-14-2021 Intel Guru Frank26 Article: "A deputy develops solutions to treat and reduce the damage of the economic crisis" I'm calling this the mother of all article...this guy is saying there is a solution...and that solution is going to reduce the damage of our economic crisis. You're talking about the monetary reform... Quote: 'International products are in the period of changing the exchange rate inside the country.' ...the border taxations, the new exchange rate, the new small category notes - all of that is going international afloat...it's changing the exchange rate inside of our country [Iraq]...this is the mother of all articles. It can't be any more blatant, any more obvious and it's from the right people...
7-14-2021 Intel Guru MarkZ [via PDK] …the news started coming in pretty solid last night...it appears we are sitting right here on the edge…buckle up and stay calm…we are seeing real movement now. Positive real movement…its exciting. [When will tier 4b start?] I wish I knew…it certainly appears we are getting close.
7-14-2021 Newshound/Intel Guru Petra The need for new small category notes will be controlled IMO. It's not going to be a huge amount to come out because they're driving everybody to digital commerce which is where the world is going with those CBDC's and all those other programs that are coming out from the BIS and many other entities.
7-14-2021 Intel Guru Holly My opinion and the opinion of my contacts is the craziness is all confusion being done deliberately...They said it would get crazy at the end and it is...Once you sort through all the confusion, the bottom line is we are in a very sweet spot to get this done and they want it done and it is happening...
7-14-2021 Intel Guru MarkZ [via PDK] [Anything new on rates?] I am hearing the dong is neck and neck with the dinar. And the dinar is obscenely high.
7-14-2021 Newshound Guru Pimpy In order for the lower denomination to be used...it's not possible unless something happens. And what is that something? They would have to change the exchange rate...the lower denominations like the 5's, 10's, 25's, 100's and 500's and 1000's - the only reason why they are not being used is because they have no value...so why would you use them unless you plan on chaining the exchange rate...
7-14-2021 Newshound Guru Jeff Yesterday Iraq puts out at least two articles talking about deleting the zeros...this could really go one of two directions. They could either remove zeros from the notes from the notes or remove the zeros off the exchange rate. No matter what they're gonna tell you what they're gonna do. It's not a secret...Iraq is clearly telling you they're taking 3 zeros off the notes...I'm not making this up...it's in print... quote: 'denominations of 200 dinars (equivalent to 200 thousand dinars in the currency currency).' That is removing zeros from the notes...
7-14-2021 Intel Guru Frank26 Article: "A deputy develops solutions to treat and reduce the damage of the economic crisis" I'm calling this the mother of all article...this guy is saying there is a solution...and that solution is going to reduce the damage of our economic crisis. You're talking about the monetary reform... Quote: 'International products are in the period of changing the exchange rate inside the country.' ...the border taxations, the new exchange rate, the new small category notes - all of that is going international afloat...it's changing the exchange rate inside of our country [Iraq]...this is the mother of all articles. It can't be any more blatant, any more obvious and it's from the right people...
7-14-2021 Intel Guru MarkZ [via PDK] …the news started coming in pretty solid last night...it appears we are sitting right here on the edge…buckle up and stay calm…we are seeing real movement now. Positive real movement…its exciting. [When will tier 4b start?] I wish I knew…it certainly appears we are getting close.
7-14-2021 Newshound/Intel Guru Petra The need for new small category notes will be controlled IMO. It's not going to be a huge amount to come out because they're driving everybody to digital commerce which is where the world is going with those CBDC's and all those other programs that are coming out from the BIS and many other entities.
7-14-2021 Intel Guru Holly My opinion and the opinion of my contacts is the craziness is all confusion being done deliberately...They said it would get crazy at the end and it is...Once you sort through all the confusion, the bottom line is we are in a very sweet spot to get this done and they want it done and it is happening...
7-14-2021 Intel Guru MarkZ [via PDK] [Anything new on rates?] I am hearing the dong is neck and neck with the dinar. And the dinar is obscenely high.
7-13-2021 Newshound/Intel Guru Mnt Goat Two more great articles came out this period about the project to delete the zeros...we all should know that it is the project to delete the zeros that will eventually get us the reinstatement of the Iraqi dinar back on FOREX sooner than later. This is when we go to the bank...Just the fact that they are and have been openly debating this issue of when to perform this project is very, very good...the country is in a much better situation now then back in 2013...One thing I can assure everyone...is that do NOT expect the revaluation or the reinstatement any time in the next period unless we witness the project to delete the zeros...the reinstatement goes hand in hand with the project to delete the zeros...these two reforms must go closely together...
7-13-2021 Intel Guru Frank26 IMO the banks already have the new small category notes...they have the currency and they have been training with it. Now they are about to have a new exchange rate for that new currency these banks of the Central Bank of Iraq inside of Iraq have been training with for a long time...that exchange rate has a solid date IMO.
7-13-2021 Newshound Guru Pimpy Article: "Confidence in the Iraqi dinar is eroding...and the prospect of removing zeros" Here we go. We see it every 4 to 6 months - there is a report about the Iraqi dinar having the 3 zeros removed...there's a difference between removing the 3 zeros off the rate versus removing 3 zeros off the currency. Removing off the rate - good. Removing off the currency - bad. Why is that Pimpy? Because if you remove the 3 zeros off the exchange rate that means the value of the dinar has increased. But if you remove the 3 zeros off the currency - yikes! ...there's been so many reports, report after report that says deleting the zeros affects the poor people...it would cause such an uprising its not even funny...there's nothing to debate. They're not going to do it...
7-13-2021 Intel Guru MarkZ [via PDK] Very quiet on all fronts this morning… [...how long can this be drug out?] Weeks? Maybe imo…My bank sources think it will be much sooner.
7-13-2021 Intel Guru Frank26 If you look at these articles it's always the WTO coming in to try to get Iraq to join. The latest thing is that the WTO has sent the documents and paperwork so that Iraq will sign it. You don't see Iraq asking the WTO for these papers. Everybody wants Iraq right now. They know it is about to happen. This thing is very very close...the WTO sees Iraq like a cash cow...
7-13-2021 Newshound/Intel Guru Petra They are just filling time...and they're using the time to campaign and...socialize the information to the people so they learn and adapt...they did not spend years building the digital platforms, connecting to BUNA, working with the European Development Bank and all the things that have been going on over the last couple years to have the same rate. It they're going to keep the same rate they'd have done it. But they're not. There's a new rate coming. There's a new sheriff in town and it's all IMO very very exciting...
7-13-2021 Intel Guru Frank26 IMO the banks already have the new small category notes...they have the currency and they have been training with it. Now they are about to have a new exchange rate for that new currency these banks of the Central Bank of Iraq inside of Iraq have been training with for a long time...that exchange rate has a solid date IMO.
7-13-2021 Newshound Guru Pimpy Article: "Confidence in the Iraqi dinar is eroding...and the prospect of removing zeros" Here we go. We see it every 4 to 6 months - there is a report about the Iraqi dinar having the 3 zeros removed...there's a difference between removing the 3 zeros off the rate versus removing 3 zeros off the currency. Removing off the rate - good. Removing off the currency - bad. Why is that Pimpy? Because if you remove the 3 zeros off the exchange rate that means the value of the dinar has increased. But if you remove the 3 zeros off the currency - yikes! ...there's been so many reports, report after report that says deleting the zeros affects the poor people...it would cause such an uprising its not even funny...there's nothing to debate. They're not going to do it...
7-13-2021 Intel Guru MarkZ [via PDK] Very quiet on all fronts this morning… [...how long can this be drug out?] Weeks? Maybe imo…My bank sources think it will be much sooner.
7-13-2021 Intel Guru Frank26 If you look at these articles it's always the WTO coming in to try to get Iraq to join. The latest thing is that the WTO has sent the documents and paperwork so that Iraq will sign it. You don't see Iraq asking the WTO for these papers. Everybody wants Iraq right now. They know it is about to happen. This thing is very very close...the WTO sees Iraq like a cash cow...
7-13-2021 Newshound/Intel Guru Petra They are just filling time...and they're using the time to campaign and...socialize the information to the people so they learn and adapt...they did not spend years building the digital platforms, connecting to BUNA, working with the European Development Bank and all the things that have been going on over the last couple years to have the same rate. It they're going to keep the same rate they'd have done it. But they're not. There's a new rate coming. There's a new sheriff in town and it's all IMO very very exciting...
7-12-2021 Intel Guru MarkZ [via PDK] [Will all the exchange rates be set or a float that will go up over time?] As I understand it we are covered under a contract if we exchange at redemption centers…if we just go to a bank we will exchange at the rate it is floating at... I believe our exchanges …we will exchange under a set rate. So holding onto it would not make any sense for us. This is what my bankers have told me...if you are worried about a float wait and see…make a decision for yourselves…either way it will be a tremendous blessing.
7-12-2021 Intel Guru Frank26 The next step for the CBI is to add value by lifting the 3 zeros, releasing it from the American dollar and floating it internationally because they are Article VIII and being on par, not pegged, to the American dollar which only adds more to the value of the currency of Iraq.
7-12-2021 Intel Guru Holly ... Things are moving everyone so keep the faith! To those who complain about dates constantly changing: "This event is not being done for you (nor me); you (we) are simply going to benefit by it.” It is out of everyone’s control but those who are in charge. This is a transition not a transaction. Never, ever give up. When you sign your NDA be quiet.
7-12-2021 Intel Guru MarkZ [via PDK] ...the chatter is fantastic…my banking folks are very keyed up for late in the week-this week...for us...The news has been exceptionally positive over the weekend guys. I am still just as giddy as I was on Saturday...We all want it to go quicker than it is. I am not concerned anymore because the process has started. Buckle up and watch it play out...I am expecting a big week with steady progress and hopefully a culmination for us all.
7-12-2021 Newshound Guru Pimpy Article: "Zimbabwe Currency...its history in brief" This article says these notes [Zim 1,000,000,000 notes] are no longer any good. What I recommend you do is go to a currency exchange place and ask them if these notes are any good. Now the thing about the dinar is they are good notes. They are being used in country. These [Zim 1,000,000,000 notes] are no longer being used in-country is what it looks like. It's better to be safe than sorry. I don't want people wasting more money on Zim notes. I don't have Zim notes...do a little more digging and find out about these notes. You might have bought a bunch of zim notes that aren't worth anything. Just be careful.
7-12-2021 Intel Guru Frank26 I don't know when. I don't know the date...but based on every breath I take I am well aware that it is happening IMO...we are at that point that we are pressed against the wall...the power is there now. They are about to give it to the citizens and you but you just have to hang in there and go through the process as painful as it may be because this is not at all painful compared to what's out there in the world...
7-12-2021 Intel Guru Frank26 The next step for the CBI is to add value by lifting the 3 zeros, releasing it from the American dollar and floating it internationally because they are Article VIII and being on par, not pegged, to the American dollar which only adds more to the value of the currency of Iraq.
7-12-2021 Intel Guru Holly ... Things are moving everyone so keep the faith! To those who complain about dates constantly changing: "This event is not being done for you (nor me); you (we) are simply going to benefit by it.” It is out of everyone’s control but those who are in charge. This is a transition not a transaction. Never, ever give up. When you sign your NDA be quiet.
7-12-2021 Intel Guru MarkZ [via PDK] ...the chatter is fantastic…my banking folks are very keyed up for late in the week-this week...for us...The news has been exceptionally positive over the weekend guys. I am still just as giddy as I was on Saturday...We all want it to go quicker than it is. I am not concerned anymore because the process has started. Buckle up and watch it play out...I am expecting a big week with steady progress and hopefully a culmination for us all.
7-12-2021 Newshound Guru Pimpy Article: "Zimbabwe Currency...its history in brief" This article says these notes [Zim 1,000,000,000 notes] are no longer any good. What I recommend you do is go to a currency exchange place and ask them if these notes are any good. Now the thing about the dinar is they are good notes. They are being used in country. These [Zim 1,000,000,000 notes] are no longer being used in-country is what it looks like. It's better to be safe than sorry. I don't want people wasting more money on Zim notes. I don't have Zim notes...do a little more digging and find out about these notes. You might have bought a bunch of zim notes that aren't worth anything. Just be careful.
7-12-2021 Intel Guru Frank26 I don't know when. I don't know the date...but based on every breath I take I am well aware that it is happening IMO...we are at that point that we are pressed against the wall...the power is there now. They are about to give it to the citizens and you but you just have to hang in there and go through the process as painful as it may be because this is not at all painful compared to what's out there in the world...
7-11-2021 Intel Guru MarkZ [via PDK] [When will they stop selling foreign currency?] …Most companies that sell foreign currencies are licensed under the UST here in the US. They are going to sell up until a minute or two before it changes…then after that they will still sell you foreign currency but at the new rate. This is how their business model works.
7-11-2021 Newshound Guru Jeff Article: "Al-Kazemi's Advisor: There are 3 reasons that prevent changing the dollar exchange rate currently" They are telling you right now at this time they're ready to invest in projects and they want to do all of this at the current rate without increasing it. Let's look at what the 3 reason are. 1. The exchange rate is the prerogative of the Central Bank. 2. The currency rate was approved in the budget law... 3. All revenues derived from oil, even if it increases, will be able to cover the budget deficit...the government of Iraq is stressing to you they have all of their financial needs met and they don't need to change the rate at this time...Remember this is all from the GOI...it is not from the Central Bank of Iraq. I promise you they're telling you something completely different than this...you have to study it from the angle of the Central Bank not from the government.
7-11-2021 Newshound Guru Pimpy what gets me all the time is the amount of chatter and talk in the media about the rate change. It's kind of crazy. They're trying to convince us that the rate change isn't going to happen...if it's not going to happen then why are you talking about it so much for? What is really going on?
7-11-2021 Intel Guru Frank26 It didn't come about because on December 20th...the Central Bank of Iraq asked the IMF 'could you please just hold on for a little bit...we would like to lower the value of our currency'...the number 1 reason was to fight against Iran. It worked...the other reason was to bring the citizens of Iraq into the banks to open up accounts...now every citizen is starting to understand what is being told to them in the last two and a half three weeks...we have about 11 articles...that tell you, 'we're changing the value of the exchange rate of our currency.'...things have been moving along very well. You see a lot of things that tell you this is happening. [post 2 of 2]
7-11-2021 Intel Guru Frank26 Everything is IMO. You can ask any guru on the internet and they will tell you, 'Frank doesn't know what he's talking about.' They are the ones that tell you, 'According to my sources it happened yesterday!' I'll behave! :). The end of February, the beginning of March 2020 I told you IMO they have a date...Mustafa, the Fab 4 and the Governor of the Central bank have agreed. I told you in December they were actually ready to lift the value. We have the article where the IMF said very clearly Iraq is about to add value to their currency by the end of the year 2020. [post 1 of 2....stay tuned]
7-11-2021 Intel Guru MarkZ [via PDK] I can tell you that after many phone conversations in the past 24 hours that the rates I am hearing are through the roof. I am almost afraid to consider them...We are hearing a street rate of $4 up to the $20 range on the Dinar…which is mind blowing. And rates surprising close to that on the Vietnamese dong… But remember rates are changing constantly so they are hard to pin down. We do not know what the final rates will be but they appear to be testing the rates right now.
7-11-2021 Intel Guru Holly ...I would look for T4b to start towards the end of this coming week into the following week...
7-11-2021 Newshound Guru Jeff Article: "Al-Kazemi's Advisor: There are 3 reasons that prevent changing the dollar exchange rate currently" They are telling you right now at this time they're ready to invest in projects and they want to do all of this at the current rate without increasing it. Let's look at what the 3 reason are. 1. The exchange rate is the prerogative of the Central Bank. 2. The currency rate was approved in the budget law... 3. All revenues derived from oil, even if it increases, will be able to cover the budget deficit...the government of Iraq is stressing to you they have all of their financial needs met and they don't need to change the rate at this time...Remember this is all from the GOI...it is not from the Central Bank of Iraq. I promise you they're telling you something completely different than this...you have to study it from the angle of the Central Bank not from the government.
7-11-2021 Newshound Guru Pimpy what gets me all the time is the amount of chatter and talk in the media about the rate change. It's kind of crazy. They're trying to convince us that the rate change isn't going to happen...if it's not going to happen then why are you talking about it so much for? What is really going on?
7-11-2021 Intel Guru Frank26 It didn't come about because on December 20th...the Central Bank of Iraq asked the IMF 'could you please just hold on for a little bit...we would like to lower the value of our currency'...the number 1 reason was to fight against Iran. It worked...the other reason was to bring the citizens of Iraq into the banks to open up accounts...now every citizen is starting to understand what is being told to them in the last two and a half three weeks...we have about 11 articles...that tell you, 'we're changing the value of the exchange rate of our currency.'...things have been moving along very well. You see a lot of things that tell you this is happening. [post 2 of 2]
7-11-2021 Intel Guru Frank26 Everything is IMO. You can ask any guru on the internet and they will tell you, 'Frank doesn't know what he's talking about.' They are the ones that tell you, 'According to my sources it happened yesterday!' I'll behave! :). The end of February, the beginning of March 2020 I told you IMO they have a date...Mustafa, the Fab 4 and the Governor of the Central bank have agreed. I told you in December they were actually ready to lift the value. We have the article where the IMF said very clearly Iraq is about to add value to their currency by the end of the year 2020. [post 1 of 2....stay tuned]
7-11-2021 Intel Guru MarkZ [via PDK] I can tell you that after many phone conversations in the past 24 hours that the rates I am hearing are through the roof. I am almost afraid to consider them...We are hearing a street rate of $4 up to the $20 range on the Dinar…which is mind blowing. And rates surprising close to that on the Vietnamese dong… But remember rates are changing constantly so they are hard to pin down. We do not know what the final rates will be but they appear to be testing the rates right now.
7-11-2021 Intel Guru Holly ...I would look for T4b to start towards the end of this coming week into the following week...
7-8-2021 -- A Somber Dinar Guru Community Update -- via Guru Frank26 - IT IS WITH A HEAVY HEART THAT I REPORT TO YOU THAT JUST A FEW HOURS AGO OUR BROTHER IN CHRIST REGNER ALSO KNOWN AS EAGLE1 HAS GONE HOME TO BE WITH OUR HEAVENLY FATHER. PLEASE KEEP HIS WIFE AND FAMILY IN YOUR PRAYERS. WE WILL MISS YOU BROTHER REGNER BUT IN THE BLINK OF AN EYE.......WE WILL BE WALKING WITH YOU ON THOSE STREETS OF GOLD BUT UNTIL THEN...WE REMAIN STRONG IN CHRIST FOR OUR SALVATION AS WE SEEK THE GLORY AND GRACE OF GOD UPON US...AND THE GOLDEN ROAD OF GOD'S PATH FOR OUR LIVES...AMEN.
The latest guru posts will continue below...
The latest guru posts will continue below...
7-10-2021 Intel Guru MarkZ [via PDK] ...I am hearing that we little people here at the 4B level should have 800 numbers by Wed. or Thurs...I am hearing a lot of chatter...It is very exciting. ...I hope that Monday Morning...I post the Golden egg and a big NDA…that is what I am hopeful for Monday morning according to what I am hearing...
7-10-2021 Intel Guru Fleming Saturday RV Report: Our military intel contact said even though we are all exhausted to the point of perhaps not being able to believe it...THIS COMING WEEK IS •••FINALLY IT••• for T4B & the shotgun start as Mr Fleming’s sources are saying.; he said hang tight all you currency holders...If you feel exhausted it is PAR FOR THE COURSE --YOUR LIBERATION IS UPON YOU NOW...FREEDOM IS COMING IN YOUR REDEMPTION APPOINTMENT THIS COMING WEEK he confirmed.
7-10-2021 Newshound Guru MilitiaMan Article: "Iraq begins construction of the largest submerged tunnel in the Middle East" They told us this week that there would be "BANK CREDIT" for paying contractors within 3 days for those contractors at the port of Faw. That was to have been done Wednesday. Now here in this article, they speak of issuing a letter of credit. Well, then they'll need an international accepted currency for that will they not? One that is digitized and where the imports can be taxed accordingly under the new automated system to be in place or is in place now...imo.
7-10-2021 Newshound/Intel Guru Mnt Goat ...the news from Iraq this period is all about implementing the White Paper reforms...we also see that Iran is still trying to block any reforms and rebuilding as they instigate yet more attacks on American soldiers and bases in Iraq... I would not expect any RV until at least the period when Iraq can get the corruption under control and eliminate the Iranian influence...Yes, it is up to the Iraqi central bank to initiate the project to delete the zeros in coordination with the IMF and the US Treasury. Did you hear me...“with coordination”.
7-10-2021 Intel Guru Frank26 Articles are going to be more in-depth...I think they are now going to start talking about the new notes...The articles that we are waiting to come out, the next batch, are going to talk about the the exchange rate changing and the new small category notes. Yeah, it's getting closer and closer IMO.
7-10-2021 Newshound Guru Pimpy Question: "Can you do a video on where the emails will come from that will give us the 800#...please?" There are no 800#s. There's no redemption centers. No body's got the codes that release the funds. There's no numbers on the 'back screen'. There's nobody standing by the computers at some redemption centers. There's no tier 1, tier 2. There's no, 'Hey, we get a better rate if we go in together.' Don't be sending any of your currencies in for any type of trust fund whatsoever. Don't ever send anybody an of the serial numbers that are on your currency. When you're dealing with foreign currency it's not really that complicated.
7-10-2021 Intel Guru Bruce [via WiserNow] ...Tier 4B is probably going to be notified Monday or Tuesday- of next week – there’s a chance we could get notified Saturday...I believe that is going to be our start date – ON TUESDAY...Now do we get notified prior to that? With our emails on Monday? Possibly so - we just don’t know...
7-10-2021 Intel Guru MarkZ [via PDK] [Wondering Why [Guru] Pimpy Says No 800 # or Redemption Centers?] ...All I can tell you is what I hear from my contacts…I know someone in real life who has helped set up redemption centers. I absolutely 100% believe there will be redemption centers with fully trained staff. Do I think all of us will exchange in redemption centers…no…If people are in smaller areas, rural areas…places with not many currency holders...then you will probably exchange at a bank branch. They will direct you to one where the staff has training. Do I think in larger markets you will be sent to special redemption centers…yes I do …Why do I believe that? Because I know somebody who has helped train people in 3 of them . And I believe this to be true because of my contacts.
7-10-2021 Intel Guru Fleming Saturday RV Report: Our military intel contact said even though we are all exhausted to the point of perhaps not being able to believe it...THIS COMING WEEK IS •••FINALLY IT••• for T4B & the shotgun start as Mr Fleming’s sources are saying.; he said hang tight all you currency holders...If you feel exhausted it is PAR FOR THE COURSE --YOUR LIBERATION IS UPON YOU NOW...FREEDOM IS COMING IN YOUR REDEMPTION APPOINTMENT THIS COMING WEEK he confirmed.
7-10-2021 Newshound Guru MilitiaMan Article: "Iraq begins construction of the largest submerged tunnel in the Middle East" They told us this week that there would be "BANK CREDIT" for paying contractors within 3 days for those contractors at the port of Faw. That was to have been done Wednesday. Now here in this article, they speak of issuing a letter of credit. Well, then they'll need an international accepted currency for that will they not? One that is digitized and where the imports can be taxed accordingly under the new automated system to be in place or is in place now...imo.
7-10-2021 Newshound/Intel Guru Mnt Goat ...the news from Iraq this period is all about implementing the White Paper reforms...we also see that Iran is still trying to block any reforms and rebuilding as they instigate yet more attacks on American soldiers and bases in Iraq... I would not expect any RV until at least the period when Iraq can get the corruption under control and eliminate the Iranian influence...Yes, it is up to the Iraqi central bank to initiate the project to delete the zeros in coordination with the IMF and the US Treasury. Did you hear me...“with coordination”.
7-10-2021 Intel Guru Frank26 Articles are going to be more in-depth...I think they are now going to start talking about the new notes...The articles that we are waiting to come out, the next batch, are going to talk about the the exchange rate changing and the new small category notes. Yeah, it's getting closer and closer IMO.
7-10-2021 Newshound Guru Pimpy Question: "Can you do a video on where the emails will come from that will give us the 800#...please?" There are no 800#s. There's no redemption centers. No body's got the codes that release the funds. There's no numbers on the 'back screen'. There's nobody standing by the computers at some redemption centers. There's no tier 1, tier 2. There's no, 'Hey, we get a better rate if we go in together.' Don't be sending any of your currencies in for any type of trust fund whatsoever. Don't ever send anybody an of the serial numbers that are on your currency. When you're dealing with foreign currency it's not really that complicated.
7-10-2021 Intel Guru Bruce [via WiserNow] ...Tier 4B is probably going to be notified Monday or Tuesday- of next week – there’s a chance we could get notified Saturday...I believe that is going to be our start date – ON TUESDAY...Now do we get notified prior to that? With our emails on Monday? Possibly so - we just don’t know...
7-10-2021 Intel Guru MarkZ [via PDK] [Wondering Why [Guru] Pimpy Says No 800 # or Redemption Centers?] ...All I can tell you is what I hear from my contacts…I know someone in real life who has helped set up redemption centers. I absolutely 100% believe there will be redemption centers with fully trained staff. Do I think all of us will exchange in redemption centers…no…If people are in smaller areas, rural areas…places with not many currency holders...then you will probably exchange at a bank branch. They will direct you to one where the staff has training. Do I think in larger markets you will be sent to special redemption centers…yes I do …Why do I believe that? Because I know somebody who has helped train people in 3 of them . And I believe this to be true because of my contacts.
7-9-2021 Intel Guru Bruce [via WiserNow] ...What I found really interesting was we had all new rates on the front screens as of last Monday...not talking about Forex – this is talking about the bank screens...the dinar came up and it was changing like 14 times in the period of a day – it would be up and go off – then come up again and then go off – the good news was – every time it came back up it was a little bit higher...So you get the impression they are trading it higher – and that’s good for us – of course - and ultimately it will be good for Iraq...if you have dinar – dong – you’re in really good shape obviously...
7-9-2021 Intel Guru Fleming Friday RV Report: Our military intel contact said he is confirming Mr. Fleming's sources...WE HAVE NEVER GOTTEN THIS FAR IN THE RV RELEASE PROCESS--EVER REPEAT EVER--and THE RELEASE PROCESS IS INEXORABLY MOVING TOWARD THE SHOTGUN START AND T4B START IN JUST DAYS NOW--IT CANNOT, REPEAT CANNOT BE STOPPED...He said it is DEFINITELY TIME for us in T4B TO START TO CELEBRATE...OUR TURN IN T4B is COMING NOW IN THE NEXT DAYS...IT IS HAPPENING, REPEAT •••THE RV/GCR FINAL ROLL OUT IS HAPPENING NOW...
7-9-2021 Intel Guru MarkZ [via PDK] I truly hope it’s our last weekend without dollars. …NDA’s are solid and good. Getting anything from anyone here is the US is difficult and I respect that. Stay positive and let’s see what the weekend brings...I am hearing positive stuff…had a long conversation with [Guru] Sheila last night and she is also hearing very positive things. I cannot share what she is hearing but it’s very positive stuff. Buckle up and hang on guys…we knew it would be extremely rocky at the end.
7-9-2021 Intel Guru Frank26 These currencies that are in the [currency] basket will not be pegged to each other...but they will support each other via their strength, via their assets, via their economy. That's powerful. That's more powerful than any pegging can do...the IQD will be on par with the value of the total basket...the plan is to float the currency in a basket at some point but not at the onset. Therefore you have to know when to hold'em (your dinars) and you have to know why you want to exchange them.
7-9-2021 Newshound Guru Pimpy Article: "Moody's International expects a sharp upward reversal in the financial sector in Iraq - urgent" Good. This is what we want...their economical output has been analyzed as a sharp uptick. Which is good for Iraq. So the outlook looks good. I think so too. They aren't so dependent right now on oil but it sure as hell is helping. If they plan on doubling production in this year I'd like to see it go to $100 a barrel. That's really going to help get their butt out of hock.
7-9-2021 Intel Guru MarkZ [via PDK] [Do you believe we will be taxed on the exchange?] As I have said many times…I do not believe it will be taxed. I am told that will be covered in a treaty. And while they are making funds on it now…I believe it will not be taxed after the event at either a state of federal level… This is what I believe...I believe there will be no tax…my people tell me there will be no tax…. [Always consult you tax professional at the appropriate time.]
7-9-2021 Intel Guru RayRen98 Question: RATES FOR DONG? NO CHANGE. EVERYTHING IS STILL THE SAME .476 CENTS.
7-9-2021 Intel Guru Fleming Friday RV Report: Our military intel contact said he is confirming Mr. Fleming's sources...WE HAVE NEVER GOTTEN THIS FAR IN THE RV RELEASE PROCESS--EVER REPEAT EVER--and THE RELEASE PROCESS IS INEXORABLY MOVING TOWARD THE SHOTGUN START AND T4B START IN JUST DAYS NOW--IT CANNOT, REPEAT CANNOT BE STOPPED...He said it is DEFINITELY TIME for us in T4B TO START TO CELEBRATE...OUR TURN IN T4B is COMING NOW IN THE NEXT DAYS...IT IS HAPPENING, REPEAT •••THE RV/GCR FINAL ROLL OUT IS HAPPENING NOW...
7-9-2021 Intel Guru MarkZ [via PDK] I truly hope it’s our last weekend without dollars. …NDA’s are solid and good. Getting anything from anyone here is the US is difficult and I respect that. Stay positive and let’s see what the weekend brings...I am hearing positive stuff…had a long conversation with [Guru] Sheila last night and she is also hearing very positive things. I cannot share what she is hearing but it’s very positive stuff. Buckle up and hang on guys…we knew it would be extremely rocky at the end.
7-9-2021 Intel Guru Frank26 These currencies that are in the [currency] basket will not be pegged to each other...but they will support each other via their strength, via their assets, via their economy. That's powerful. That's more powerful than any pegging can do...the IQD will be on par with the value of the total basket...the plan is to float the currency in a basket at some point but not at the onset. Therefore you have to know when to hold'em (your dinars) and you have to know why you want to exchange them.
7-9-2021 Newshound Guru Pimpy Article: "Moody's International expects a sharp upward reversal in the financial sector in Iraq - urgent" Good. This is what we want...their economical output has been analyzed as a sharp uptick. Which is good for Iraq. So the outlook looks good. I think so too. They aren't so dependent right now on oil but it sure as hell is helping. If they plan on doubling production in this year I'd like to see it go to $100 a barrel. That's really going to help get their butt out of hock.
7-9-2021 Intel Guru MarkZ [via PDK] [Do you believe we will be taxed on the exchange?] As I have said many times…I do not believe it will be taxed. I am told that will be covered in a treaty. And while they are making funds on it now…I believe it will not be taxed after the event at either a state of federal level… This is what I believe...I believe there will be no tax…my people tell me there will be no tax…. [Always consult you tax professional at the appropriate time.]
7-9-2021 Intel Guru RayRen98 Question: RATES FOR DONG? NO CHANGE. EVERYTHING IS STILL THE SAME .476 CENTS.
7-8-2021 Intel Guru MarkZ [via PDK] [What are the white papers?] This is the long term strategic plan Iraq has put into place to bring them into prosperity. It’s kind of like the plan to rebuild Germany after World War 2. It requires a higher value for their currency. When we see them executing their white papers it is huge news for us because it requires a new currency rate.
7-8-2021 Newshound/Intel Guru Mnt Goat Article: "MAZHAR SALEH CALLS FOR THE (SOCIAL MARKET) FOR A DIVERSIFIED ECONOMIC SYSTEM AND CONFIRMS THE END OF THE FISCAL DEFICIT PHASE" Quote: "that the deficit, which was estimated at 29 trillion dinars, or about two billion dollars, in the current year’s budget, which was built on the assumption that the price of a barrel of oil is $ 45 has become a thing of the past," Like I said many time already that Iraq is in trouble if they don’t get it right this time. There will NOT be another chance to fix it. This article is yet more proof of this.
7-8-2021 Newshound Guru Pimpy Somebody said to me, 'Hey Pimpy did the rate change happen? Did you see the news - something about the rate change?' I was like what do you mean the rate change happened? Article: "The Iraqi government decides to reduce the exchange rate of the dollar - urgent". Here's where this seems to be misleading...at first I was like, 'ok, they did change it.' Until you really read the article...Nothing in that article says that they actually reduced the exchange rate - which is what we want - to reduce the dollar not the dinar. So the headlines are exactly what we want to actually happen but that's not what the story says... [In the article].
7-8-2021 Intel Guru MarkZ [via PDK] ...Still getting stone walled from US bankers…no leaks. They are prepared…Redemption Center contacts are on call to be there within 2 hours. Just a skeleton crew right now.
7-8-2021 Newshound Guru Militiaman I'm looking forward to seeing if the 2021 budget is exposed to the program rate. I don't believe it will be. A lot of people suggest that it is cut in stone and that's the way it's going to be for a year. I don't believe in that...because...the amount of money that is going to be made in the country is going to be astronomical ...we're getting ready to explode. I'm actually very excited...
7-8-2021 Intel Guru Frank26 Iraq will either go 1 to 1 internally or they will un-peg from the American dollar and they will float their currency on par with the American dollar...They aren't gonna stop at 1 to 1. They don't want to be a worthless American dollar's worth. Saudi Arabia what are you worth against the American dollar? 3 what!?! Geez Louise! You think Iraq's gonna stand for that? ...so they will either be 1 to 1 and stay like that - I doubt it. They'll un-peg more than likely, go on par with their assets backing up their currency, take it out to a float...
7-8-2021 Intel Guru Fleming Wednesday RV Report: Our military intel contact said that we need to be watching for the shotgun start and T4B notifications Thu and Fri 8-9 July...SO WE ARE IN A REALLY GOOD PLACE RIGHT NOW...He said it’s not a matter of RV teams “deciding if they are going to release the RV,” it’s a matter of WHEN to release the shotgun start in the coming hours or days; again he does not know the exact timing but IT IS BEING MOVED FORWARD OVERNIGHT THROUGH THE REST OF THIS WEEK...he said keep prayers going up as we are AT THE END OF THIS ARDUOUS PROCESS and we are about to BREAK THROUGH TO THE LONG-AWAITED BLESSING.
7-8-2021 Newshound/Intel Guru Mnt Goat Article: "MAZHAR SALEH CALLS FOR THE (SOCIAL MARKET) FOR A DIVERSIFIED ECONOMIC SYSTEM AND CONFIRMS THE END OF THE FISCAL DEFICIT PHASE" Quote: "that the deficit, which was estimated at 29 trillion dinars, or about two billion dollars, in the current year’s budget, which was built on the assumption that the price of a barrel of oil is $ 45 has become a thing of the past," Like I said many time already that Iraq is in trouble if they don’t get it right this time. There will NOT be another chance to fix it. This article is yet more proof of this.
7-8-2021 Newshound Guru Pimpy Somebody said to me, 'Hey Pimpy did the rate change happen? Did you see the news - something about the rate change?' I was like what do you mean the rate change happened? Article: "The Iraqi government decides to reduce the exchange rate of the dollar - urgent". Here's where this seems to be misleading...at first I was like, 'ok, they did change it.' Until you really read the article...Nothing in that article says that they actually reduced the exchange rate - which is what we want - to reduce the dollar not the dinar. So the headlines are exactly what we want to actually happen but that's not what the story says... [In the article].
7-8-2021 Intel Guru MarkZ [via PDK] ...Still getting stone walled from US bankers…no leaks. They are prepared…Redemption Center contacts are on call to be there within 2 hours. Just a skeleton crew right now.
7-8-2021 Newshound Guru Militiaman I'm looking forward to seeing if the 2021 budget is exposed to the program rate. I don't believe it will be. A lot of people suggest that it is cut in stone and that's the way it's going to be for a year. I don't believe in that...because...the amount of money that is going to be made in the country is going to be astronomical ...we're getting ready to explode. I'm actually very excited...
7-8-2021 Intel Guru Frank26 Iraq will either go 1 to 1 internally or they will un-peg from the American dollar and they will float their currency on par with the American dollar...They aren't gonna stop at 1 to 1. They don't want to be a worthless American dollar's worth. Saudi Arabia what are you worth against the American dollar? 3 what!?! Geez Louise! You think Iraq's gonna stand for that? ...so they will either be 1 to 1 and stay like that - I doubt it. They'll un-peg more than likely, go on par with their assets backing up their currency, take it out to a float...
7-8-2021 Intel Guru Fleming Wednesday RV Report: Our military intel contact said that we need to be watching for the shotgun start and T4B notifications Thu and Fri 8-9 July...SO WE ARE IN A REALLY GOOD PLACE RIGHT NOW...He said it’s not a matter of RV teams “deciding if they are going to release the RV,” it’s a matter of WHEN to release the shotgun start in the coming hours or days; again he does not know the exact timing but IT IS BEING MOVED FORWARD OVERNIGHT THROUGH THE REST OF THIS WEEK...he said keep prayers going up as we are AT THE END OF THIS ARDUOUS PROCESS and we are about to BREAK THROUGH TO THE LONG-AWAITED BLESSING.
7-7-2021 Intel Guru Bruce [via WiserNow] ...we know that at least 2 of the banks have NDA's that are 6 pages long...that all employees...had to sign... obviously they let the tellers in and every employee of the bank in on what is going on and what’s about to take place for them to have to sign the NDA – it’s a very good sign of how close we really are to going...
7-7-2021 Newshound Guru Militaman A "global currency reset" has sort of been a mythology...a coined phrase on the Internet. Interesting enough the White House has adopted a terminology..."real financial reset". 'Real financial Rest' and 'Global Currency Reset' those names are pretty pseudonymous IMO.
7-7-2021 Intel Guru MarkZ [via PDK] Not much news on redemptions…they have done a good job shutting down leaks on that...I do have people sitting in place in conference rooms in Europe waiting for some news. ...Right now we seem to be in a holding pattern but at least they want them on the premises right now. They want them physically there now…not just on call.
7-7-2021 Intel Guru Bruce [via WiserNow] We have new information that was pointing toward this happening...Thursday or Friday...we do talk to people in Iraq - we have contacts in Fallujah – Baghdad – and a few other places – this last comment came out of Baghdad from some of our people and it indicates that Iraq has now a fully convertible new Iraqi Dinar – or new IQD - and that means that it is digitally available and exchangeable globally- in other words its convertible to other currencies...to be completely convertible – as a currency... [today] Wednesday...
7-7-2021 Intel/Newshound Guru sandyf When I read...Rates having Parity in the Middle East - There can never be parity unless the variables are similar, Kuwait and UAE have billions in circulation, Iraq has trillions. I can remember when there was parity between the UK and US, $2.40/GBP and 240 pennies/GBP. Then there was a redenomination in the UK making 100 pennies/GBP. A redenomination in Iraq would bring the currencies much closer together.
7-7-2021 Newshound Guru Pimpy It looks like ISIS is starting to make sure they are being heard...they're definitely starting to make noise all over again...we definitely don't want this. Call it a 'coinkadink', call it what you will but these guys came to power in rows after being funded, trained and given weapons by the Obama Administration...back then he was calling them rebels when they were fighting against Syria but they went out of control...nonetheless they were funded and armed and trained by us...it's magical how the O'biden administration is in and once again they're starting to make some noise...it's something we need to be aware of...
7-7-2021 Intel Guru MarkZ [via PDK] The news is still not negative. ...On...the group side I am hearing they plan to pick up where they left off a week ago on group processing so money could start flowing. I’m hearing this could start this afternoon. I hope this is accurate.
7-7-2021 Intel Guru Frank26 The word "mechanism" when translated in the Middle East means it's a plan. And that's the plan for the monetary reform. - to use all these mechanisms...QFS...The special drawing rights...digital currency...Swift system...countries pouring into Iraq - none of these things have ever been anywhere near reality. Why now? What is it that is so different today than it was just two years ago? They're Article VIII. Now does that mean they lifted the value of their currency? IMO on the second set of books you're darn right they have! And they're going to do it now on their original set of books, announce it to the world and make it retroactive. They are getting closer and closer...
7-7-2021 Newshound Guru MilitiaMan Article: "Al-Rasheed launches a new meal from the predecessors of the Ministry of Defense and Interior, employees and retirees" Quotes: "all beneficiaries who receive text messages to review the bank's branches or electronic payment offices to receive the amount."; "raise the amounts in the balances of those registered on the advances through the bank's own application." Think about the timing of this. Text messaging the citizens to come in an get payments electronically. Are they to get the amounts in new digital currency? New small category notes? Instantaneously they all get notification. Sounds like what we have been told in the past would happen.. It is like an Amber Alert.. I like it. The timing is perfect. imo
7-7-2021 Newshound Guru Militaman A "global currency reset" has sort of been a mythology...a coined phrase on the Internet. Interesting enough the White House has adopted a terminology..."real financial reset". 'Real financial Rest' and 'Global Currency Reset' those names are pretty pseudonymous IMO.
7-7-2021 Intel Guru MarkZ [via PDK] Not much news on redemptions…they have done a good job shutting down leaks on that...I do have people sitting in place in conference rooms in Europe waiting for some news. ...Right now we seem to be in a holding pattern but at least they want them on the premises right now. They want them physically there now…not just on call.
7-7-2021 Intel Guru Bruce [via WiserNow] We have new information that was pointing toward this happening...Thursday or Friday...we do talk to people in Iraq - we have contacts in Fallujah – Baghdad – and a few other places – this last comment came out of Baghdad from some of our people and it indicates that Iraq has now a fully convertible new Iraqi Dinar – or new IQD - and that means that it is digitally available and exchangeable globally- in other words its convertible to other currencies...to be completely convertible – as a currency... [today] Wednesday...
7-7-2021 Intel/Newshound Guru sandyf When I read...Rates having Parity in the Middle East - There can never be parity unless the variables are similar, Kuwait and UAE have billions in circulation, Iraq has trillions. I can remember when there was parity between the UK and US, $2.40/GBP and 240 pennies/GBP. Then there was a redenomination in the UK making 100 pennies/GBP. A redenomination in Iraq would bring the currencies much closer together.
7-7-2021 Newshound Guru Pimpy It looks like ISIS is starting to make sure they are being heard...they're definitely starting to make noise all over again...we definitely don't want this. Call it a 'coinkadink', call it what you will but these guys came to power in rows after being funded, trained and given weapons by the Obama Administration...back then he was calling them rebels when they were fighting against Syria but they went out of control...nonetheless they were funded and armed and trained by us...it's magical how the O'biden administration is in and once again they're starting to make some noise...it's something we need to be aware of...
7-7-2021 Intel Guru MarkZ [via PDK] The news is still not negative. ...On...the group side I am hearing they plan to pick up where they left off a week ago on group processing so money could start flowing. I’m hearing this could start this afternoon. I hope this is accurate.
7-7-2021 Intel Guru Frank26 The word "mechanism" when translated in the Middle East means it's a plan. And that's the plan for the monetary reform. - to use all these mechanisms...QFS...The special drawing rights...digital currency...Swift system...countries pouring into Iraq - none of these things have ever been anywhere near reality. Why now? What is it that is so different today than it was just two years ago? They're Article VIII. Now does that mean they lifted the value of their currency? IMO on the second set of books you're darn right they have! And they're going to do it now on their original set of books, announce it to the world and make it retroactive. They are getting closer and closer...
7-7-2021 Newshound Guru MilitiaMan Article: "Al-Rasheed launches a new meal from the predecessors of the Ministry of Defense and Interior, employees and retirees" Quotes: "all beneficiaries who receive text messages to review the bank's branches or electronic payment offices to receive the amount."; "raise the amounts in the balances of those registered on the advances through the bank's own application." Think about the timing of this. Text messaging the citizens to come in an get payments electronically. Are they to get the amounts in new digital currency? New small category notes? Instantaneously they all get notification. Sounds like what we have been told in the past would happen.. It is like an Amber Alert.. I like it. The timing is perfect. imo
7-6-2021 Intel Guru Fleming Our military intel contact...is confirming Mr Fleming’s sources that when the ball gets rolling...tentatively tonight Tue 6 July, it will be party-time...because it will lead to the chain of events that initiates the shotgun start...Rates will be loaded at 11 pm EST, a release algorithm generated to evaluate rates & procedures, results will then be reviewed by analysts for DoD & other RV team members to determine early tomorrow Wed 7 July what needs to be done to work toward the shotgun release from any time tomorrow forward this week...The schedule is fluid BUT IT IS MOVING FORWARD TOWARD CONCLUSION OVERNIGHT...
7-6-2021 Newshound/Intel Guru Mnt Goat With the surplus revenues this puts Iraq in a very good position to complete the project. We know that this project leads to the reinstatement. Getting the dinar back on the trading platforms only helps Iraq as this will flow capital into Iraq to develop the economy and get investors to flock in. So, we can see the clay be shaped and molded into what we want. We just have to be patient and listen and watch. It is coming, it has to come. [post 2 of 2]
7-6-2021 Newshound/Intel Guru Mnt Goat ...the CBI or the finance committee is no longer talking about the project to delete the zeros as an alternative to get them out of this fiscal mess. This is because the CBI along with the finance committee backed by the prime minister has decided to go along and do it. Yes, there is the green light. But first they are telling us they must now clean up this corruption it the banks. [post 1 of 2....stay tuned]
7-6-2021 Intel Guru Holly ...We are long past overdue for going. The UST at this point seems to be the hold up...This is a transition not a transaction. Never, ever give up...
7-6-2021 Newshound Guru Pimpy Article: "Within 3 days...Ports announce the launch of the bank credit for the great port of Faw" This is what we want. This opens them up to the world. This is one of the biggest ports in the Middle East. This is why Iraq is a gateway into the Middle East. And why everyone wants a piece of it...
7-6-2021 Intel Guru Frank26 "Mechanism" is the plan of the CBI. That's their words. The mechanisms of the monetary reform are right in front of you...their currency is going to float. If you understand the power of that statement you should be just smiling like a Cheshire cat.
7-6-2021 Intel Guru MarkZ [via PDK] ...from what I am being told…over the holiday weekend they finished taking care of all new banking system issues…and they are ready…so at this point I believe they are just waiting for somebody to pull the trigger…. That somebody is who we call “The Grandfather”.
7-6-2021 Newshound Guru Militiaman The 10th richest country...in the world is Iraq. And that 10th country has more than just oil. They're going to have tourism and religious tourism. They're going to have imports and exports of all the construction materials that are going to come in - food - housing. It's going to be insane building...That was the need for the build-out of the port... a lot of income will come from there because it's one of the largest ports in the world and it's not going to be at a program rate as far as we can tell.
7-6-2021 Newshound/Intel Guru Mnt Goat With the surplus revenues this puts Iraq in a very good position to complete the project. We know that this project leads to the reinstatement. Getting the dinar back on the trading platforms only helps Iraq as this will flow capital into Iraq to develop the economy and get investors to flock in. So, we can see the clay be shaped and molded into what we want. We just have to be patient and listen and watch. It is coming, it has to come. [post 2 of 2]
7-6-2021 Newshound/Intel Guru Mnt Goat ...the CBI or the finance committee is no longer talking about the project to delete the zeros as an alternative to get them out of this fiscal mess. This is because the CBI along with the finance committee backed by the prime minister has decided to go along and do it. Yes, there is the green light. But first they are telling us they must now clean up this corruption it the banks. [post 1 of 2....stay tuned]
7-6-2021 Intel Guru Holly ...We are long past overdue for going. The UST at this point seems to be the hold up...This is a transition not a transaction. Never, ever give up...
7-6-2021 Newshound Guru Pimpy Article: "Within 3 days...Ports announce the launch of the bank credit for the great port of Faw" This is what we want. This opens them up to the world. This is one of the biggest ports in the Middle East. This is why Iraq is a gateway into the Middle East. And why everyone wants a piece of it...
7-6-2021 Intel Guru Frank26 "Mechanism" is the plan of the CBI. That's their words. The mechanisms of the monetary reform are right in front of you...their currency is going to float. If you understand the power of that statement you should be just smiling like a Cheshire cat.
7-6-2021 Intel Guru MarkZ [via PDK] ...from what I am being told…over the holiday weekend they finished taking care of all new banking system issues…and they are ready…so at this point I believe they are just waiting for somebody to pull the trigger…. That somebody is who we call “The Grandfather”.
7-6-2021 Newshound Guru Militiaman The 10th richest country...in the world is Iraq. And that 10th country has more than just oil. They're going to have tourism and religious tourism. They're going to have imports and exports of all the construction materials that are going to come in - food - housing. It's going to be insane building...That was the need for the build-out of the port... a lot of income will come from there because it's one of the largest ports in the world and it's not going to be at a program rate as far as we can tell.
7-5-2021 Intel Guru MarkZ [via PDK] [When we...exchange will we receive all our funds or just a portion of them?] I was told that if you have under 100 million dong and 100 million dinar that you will receive your money up front with no holding period except 24 hours for the funds to be deposited. You will receive some the first day. The rest on the second …other people are hearing different things.
7-5-2021 Intel Guru RayRen98 The CBI and VISA have commercials to explain to the Iraqi citizens how to use the new digital currency system to make payments instead of cash, supposedly to make for a better global economy.
7-5-2021 Newshound Guru MilitiaMan Article: "Parliamentary Economy: Two steps will prevent the theft of about 4 billion dollars annually in Iraq" Quote: "among those proposals is the automation of outlets through a unified electronic system, as well as working to change the mechanisms used by the authority, because it facilitates the work of the corrupt and continues to steal public money." There you have the two steps needed to support the value of the currency. Imo The border revenues activated electronically with the mechanism (new exchange rate, new currency issued.) will do it. ...The key is about to unlock the door to internationalism! ...imo It is going to be a powerful week ahead! The signs are and have been heavenly lately...
7-5-2021 Intel Guru MarkZ [via PDK] ...They are really looking at Tuesday or Wednesday now. There are many, many people absolutely convinced this is it. It s overwhelming the amount of people looking at this week for it to happen. There is so much anticipation. We will be watching it this week and I know we are close...
7-5-2021 Newshound Guru Pimpy 2016 - half a decade ago. That's when they were originally going to make the rate change...You can't hand out the lower denominations at the current rate of exchange - why is that? They hold no value. None whatsoever. They'd be worthless. The only way you could start using these lower denomination is you do what? Yes, increase the value of the Iraqi dinar so that the lower denominations have value. They were about to do it and then the doo-doo hit the fan. We know ISIS came in there and ruined our plans. If they got close enough one time before I'm pretty sure they can get there again...
7-5-2021 Intel Guru RayRen98 The CBI and VISA have commercials to explain to the Iraqi citizens how to use the new digital currency system to make payments instead of cash, supposedly to make for a better global economy.
7-5-2021 Newshound Guru MilitiaMan Article: "Parliamentary Economy: Two steps will prevent the theft of about 4 billion dollars annually in Iraq" Quote: "among those proposals is the automation of outlets through a unified electronic system, as well as working to change the mechanisms used by the authority, because it facilitates the work of the corrupt and continues to steal public money." There you have the two steps needed to support the value of the currency. Imo The border revenues activated electronically with the mechanism (new exchange rate, new currency issued.) will do it. ...The key is about to unlock the door to internationalism! ...imo It is going to be a powerful week ahead! The signs are and have been heavenly lately...
7-5-2021 Intel Guru MarkZ [via PDK] ...They are really looking at Tuesday or Wednesday now. There are many, many people absolutely convinced this is it. It s overwhelming the amount of people looking at this week for it to happen. There is so much anticipation. We will be watching it this week and I know we are close...
7-5-2021 Newshound Guru Pimpy 2016 - half a decade ago. That's when they were originally going to make the rate change...You can't hand out the lower denominations at the current rate of exchange - why is that? They hold no value. None whatsoever. They'd be worthless. The only way you could start using these lower denomination is you do what? Yes, increase the value of the Iraqi dinar so that the lower denominations have value. They were about to do it and then the doo-doo hit the fan. We know ISIS came in there and ruined our plans. If they got close enough one time before I'm pretty sure they can get there again...
7-4-2021 Intel Guru Texas Snake [SAT 03.07.21 19:55] ...at some point between tonight and the early morning hours of Monday 5 July the notifications will be released by time zones allowing appointment scheduling for a shotgun start this coming Wednesday 7 July.
7-4-2021 Intel Guru Holly ...The RV is rolling out and it appears all the obstructionists should be contained. ...Look for notifications the middle of the week...
7-4-2021 Newshound Guru Pimpy Kuwait takes $3.67 dollars to equal 1 Kuwait dinar. Dubai takes $1 dollar to equal 3.67 AE dinar...Iraq takes .0006 dollars to equal 1 Iraqi dinar. See something wrong here? 'One of these does not belong like the others'. Some of you as old as I am knows where that song comes from... [Iraq] has more oil. They are a richer nation. There's no reason for this [low rate] to be here at all...It's a legitimate currency. We all know this...Will it go up in value? Yes. Whether it's an RI or RV just pay attention to what's going on with the economy...shows you eventually the dinar is going to get back up here in value. Will it do it all at once? Who knows. Will it eventually get there? Yes, a lot sooner than people think!
7-4-2021 Newshound Guru MilitiaMan The UST, the World Bank, Bank of International Settlements, IMF, AMF, UN, EU, are all in on this. ...They didn't do all this to go international at a program rate of 1460QD/USD.. That is not the plan. The plan as stated and explained is to increase the purchase power for the citizens...we know that Iraq going into a market economy will benefit them and us, just as the market economy will support the exchange rate and will create revenue streams outside of oil. A necessary need for success! ...The country is ready to issue the new currency. Electronic or digital currency cards have and are being issued and may have been completed now.. imo. So, lets see what the cat drags in prior to Forex.. Will it usher in fireworks? We shall see. imo. [post 2 of 2]
7-4-2021 Newshound Guru MilitiaMan The UST and the G-7 have openly stated they have "Achieved Global Reform". Well that statement means a lot to me in that they UST is all about money and finance, etc.. The G7 has been in the mix with Global Reform...the White Papers that are being implemented are a part of the Global Reform that we are witnessing. It includes 200+- Central Banks...Prime Minister Kahdimi has openly stated he has begun implementing Economic Reforms and Monetary Reforms. What we are seeing is his ability to get trust from the world to finish the project to delete the zeros and go into a market economy. The private sector is where Iraq will begin a new, as we will too!! ...they have not deviated from the project. It is fully under way and there are ample writings on it. [post 1 of 2....stay tuned]
7-4-2021 Intel Guru Frank26 Since the 20th of last month everyday they are coming out and doing what we expressed. It is a flow of information that is teaching them everything about the monetary reform...
7-4-2021 Intel Guru Holly ...The RV is rolling out and it appears all the obstructionists should be contained. ...Look for notifications the middle of the week...
7-4-2021 Newshound Guru Pimpy Kuwait takes $3.67 dollars to equal 1 Kuwait dinar. Dubai takes $1 dollar to equal 3.67 AE dinar...Iraq takes .0006 dollars to equal 1 Iraqi dinar. See something wrong here? 'One of these does not belong like the others'. Some of you as old as I am knows where that song comes from... [Iraq] has more oil. They are a richer nation. There's no reason for this [low rate] to be here at all...It's a legitimate currency. We all know this...Will it go up in value? Yes. Whether it's an RI or RV just pay attention to what's going on with the economy...shows you eventually the dinar is going to get back up here in value. Will it do it all at once? Who knows. Will it eventually get there? Yes, a lot sooner than people think!
7-4-2021 Newshound Guru MilitiaMan The UST, the World Bank, Bank of International Settlements, IMF, AMF, UN, EU, are all in on this. ...They didn't do all this to go international at a program rate of 1460QD/USD.. That is not the plan. The plan as stated and explained is to increase the purchase power for the citizens...we know that Iraq going into a market economy will benefit them and us, just as the market economy will support the exchange rate and will create revenue streams outside of oil. A necessary need for success! ...The country is ready to issue the new currency. Electronic or digital currency cards have and are being issued and may have been completed now.. imo. So, lets see what the cat drags in prior to Forex.. Will it usher in fireworks? We shall see. imo. [post 2 of 2]
7-4-2021 Newshound Guru MilitiaMan The UST and the G-7 have openly stated they have "Achieved Global Reform". Well that statement means a lot to me in that they UST is all about money and finance, etc.. The G7 has been in the mix with Global Reform...the White Papers that are being implemented are a part of the Global Reform that we are witnessing. It includes 200+- Central Banks...Prime Minister Kahdimi has openly stated he has begun implementing Economic Reforms and Monetary Reforms. What we are seeing is his ability to get trust from the world to finish the project to delete the zeros and go into a market economy. The private sector is where Iraq will begin a new, as we will too!! ...they have not deviated from the project. It is fully under way and there are ample writings on it. [post 1 of 2....stay tuned]
7-4-2021 Intel Guru Frank26 Since the 20th of last month everyday they are coming out and doing what we expressed. It is a flow of information that is teaching them everything about the monetary reform...
7-3-2021 Newshound/Intel Guru Mnt Goat Article: "FINANCE MINISTER: THE LOCAL MARKET WILL RECOVER SOON" there is only 2 ways it can recover. 1. go back to the 1160 program rate or 2. RV and RI.
7-3-2021 Intel Guru MarkZ [via PDK] Another key piece that came out of Iraq...they are ready to release their digital currency. Why is this important? Well about a year and a half ago we shared articles about the I-Dinar which is a blockchain digital currency that was asset backed. Backed by gold and other things. They would also have paper dinar represented by a digital dinar backed by assets. This is important because the CBI came out and said they are ready to release this digital currency. And this digital currency is asset backed. They have already told us this. I think this is big.
7-3-2021 Newshound/Intel Guru Petra I know we don't do dates. I'm not going to give you a date but it sure seems to implicate a "soon" scenario based on the data and the details and articles they're sharing with us. I'm very encouraged by that...
7-3-2021 Newshound/Intel Guru Mnt Goat Article: "MP DANA MUHAMMAD SUGGESTED ON SUNDAY THE APPROVAL OF THE OIL AND GAS LAW DURING THE ELECTORAL PARLIAMENTARY SESSION" Does it strike you weird that the Oil and Gas law comes up every time they talk about deleting the zeros? Is it needed for the RV? I have told everyone over and over again that the Iraqi constitution MUST be completely implemented and followed in order to transition back to a global trading status of their currency- in other words turn it back on.
7-3-2021 Newshound Guru Kaperoni Iraq has a line that they use quite often... "ink on paper." Meaning that it's all just talk and no action. Iraq has been postponing many laws for years. It's time for them to pass these laws so they can create a market economy and suitable business environment for investment.
7-3-2021 Intel Guru Frank26 December of last year I announced on the Internet they already collected 70% and that's enough of the 3 zero notes...inside of Iraq and outside of Iraq...the other 30% take about 5% of it and say that's what Iraq citizens are holding. You know 'dinar mattress'. The other 25% IMO that's me and you who hold dinars but it's [also] all the worlds central banks where where the CBI has delivered 'samples' that we talked about last year...
7-3-2021 Newshound Guru Pimpy Article: "A slight decrease in the exchange rate of the dollar in the Iraqi market" In other words a positive step forward for the Iraqi dinar...It is moving slow but at least it moving in a positive direction. It beats moving in the opposite direction. This is good news. It's still going in the right direction and we love it...
7-3-2021 Intel Guru Fleming Early Saturday Morning RV Report: ...Our military intel contact...said...getting ready for T4B any moment from this weekend to next Tue-Wed 6-7 July...
7-3-2021 Intel Guru MarkZ [via PDK] We are seeing more education in Iraq…spoke with contacts on the ground there as they are talking about the lower denominations. They are seeing open conversations on international rates and chapter 8. They have moved past all sanctions and are international.
7-3-2021 Intel Guru MarkZ [via PDK] Another key piece that came out of Iraq...they are ready to release their digital currency. Why is this important? Well about a year and a half ago we shared articles about the I-Dinar which is a blockchain digital currency that was asset backed. Backed by gold and other things. They would also have paper dinar represented by a digital dinar backed by assets. This is important because the CBI came out and said they are ready to release this digital currency. And this digital currency is asset backed. They have already told us this. I think this is big.
7-3-2021 Newshound/Intel Guru Petra I know we don't do dates. I'm not going to give you a date but it sure seems to implicate a "soon" scenario based on the data and the details and articles they're sharing with us. I'm very encouraged by that...
7-3-2021 Newshound/Intel Guru Mnt Goat Article: "MP DANA MUHAMMAD SUGGESTED ON SUNDAY THE APPROVAL OF THE OIL AND GAS LAW DURING THE ELECTORAL PARLIAMENTARY SESSION" Does it strike you weird that the Oil and Gas law comes up every time they talk about deleting the zeros? Is it needed for the RV? I have told everyone over and over again that the Iraqi constitution MUST be completely implemented and followed in order to transition back to a global trading status of their currency- in other words turn it back on.
7-3-2021 Newshound Guru Kaperoni Iraq has a line that they use quite often... "ink on paper." Meaning that it's all just talk and no action. Iraq has been postponing many laws for years. It's time for them to pass these laws so they can create a market economy and suitable business environment for investment.
7-3-2021 Intel Guru Frank26 December of last year I announced on the Internet they already collected 70% and that's enough of the 3 zero notes...inside of Iraq and outside of Iraq...the other 30% take about 5% of it and say that's what Iraq citizens are holding. You know 'dinar mattress'. The other 25% IMO that's me and you who hold dinars but it's [also] all the worlds central banks where where the CBI has delivered 'samples' that we talked about last year...
7-3-2021 Newshound Guru Pimpy Article: "A slight decrease in the exchange rate of the dollar in the Iraqi market" In other words a positive step forward for the Iraqi dinar...It is moving slow but at least it moving in a positive direction. It beats moving in the opposite direction. This is good news. It's still going in the right direction and we love it...
7-3-2021 Intel Guru Fleming Early Saturday Morning RV Report: ...Our military intel contact...said...getting ready for T4B any moment from this weekend to next Tue-Wed 6-7 July...
7-3-2021 Intel Guru MarkZ [via PDK] We are seeing more education in Iraq…spoke with contacts on the ground there as they are talking about the lower denominations. They are seeing open conversations on international rates and chapter 8. They have moved past all sanctions and are international.
7-2-2021 Intel Guru Bruce [via WiserNow] I’m excited about the timing – I’ve been told not to disregard the weekend – there is a possibility of a surprise for us over the weekend but the latest up to date information...for me - and this is from a redemption center personnel that we’re looking at notifications Monday and the start of our exchanges...on Tuesday the 6th...So it will be Christmas in July for us...if you...have dong or dinar or other currency...you would probably do much better to set your appointment for the week of the 12th and you will be compensated with a much higher rate on dinar – dong – etc than if you jump the gun...
7-2-2021 Intel Guru Holly Friday RV News: This RV and GCR is something that has never been done before ever in the history of the world...The news is all is underway and processing. It might not be instantaneously as we all expect. The good news is it is happening. The banking system is converted. Money is flowing and the process is underway. They are going slower to make sure all is running properly and safe...It could be from now till Tuesday. Just know it is happening and be grateful you are part of it...
7-2-2021 Newshound/Intel Guru Petra It all comes down to one word. We've seen that word many times over the last week. Implementation. Contracts will be awarded by the government and they will be paid in dinars. The article is telling us they are going to be awarding government contracts. They will be paid in dinar. And they will be doing that based on the new exchange rate. It doesn't get much clearer than that...It's all about implementation now. That's the stage we're at - waiting for them to implement...Am I excited? Absolutely!
7-2-2021 Intel Guru MarkZ [via PDK] ...We appear to be in a groundhog day as we watch things slowly roll out...On july 4th weekend…Even my redemption center folks will be on call. They are being asked to not travel more than 50 miles from home in case this thing does go…this is unique for a holiday weekend...this was their original plan to pull the trigger on a 3 day weekend.
7-2-2021 Newshound Guru Pimpy I keep talking to you about Iraq's oil, that they're really doing good. Also there is some oil that they have not announced yet, I have not figured out why - A big pool of it that is really going to put them into the spotlight as far as money is concerned. Another reason why you should hold onto your dinars. Article: "Iraqi Oil Surges 30% To China & 23% To India Surpassing Saudi Arabia As Fastest Growing Market" That's what we like to hear.
7-2-2021 Intel Guru Fleming RV Update...Our military intel contact just said...all those...saying the RV will not be released & trying to find ways to steal RV funds—they are all being arrested now; they are NOT being allowed to delay any more; ...He said this will make it possible to move things our way...between now & the weekend—nothing can stop this ...
7-2-2021 Newshound/Intel Guru Mnt Goat Article: "FLOATING THE CURRENCY AND RENTIERISM CONFUSE THE IRAQI ECONOMY" We all should know by now they will NEVER float the dinar on the program rate which would be just inside Iraq. The IMF plans to float the dinar only once they liberalize it and reinstate it...I believe that this article is not just coincidental but purposefully given to educate the citizens on what they will plan to do soon.
7-2-2021 Intel Guru Holly Friday RV News: This RV and GCR is something that has never been done before ever in the history of the world...The news is all is underway and processing. It might not be instantaneously as we all expect. The good news is it is happening. The banking system is converted. Money is flowing and the process is underway. They are going slower to make sure all is running properly and safe...It could be from now till Tuesday. Just know it is happening and be grateful you are part of it...
7-2-2021 Newshound/Intel Guru Petra It all comes down to one word. We've seen that word many times over the last week. Implementation. Contracts will be awarded by the government and they will be paid in dinars. The article is telling us they are going to be awarding government contracts. They will be paid in dinar. And they will be doing that based on the new exchange rate. It doesn't get much clearer than that...It's all about implementation now. That's the stage we're at - waiting for them to implement...Am I excited? Absolutely!
7-2-2021 Intel Guru MarkZ [via PDK] ...We appear to be in a groundhog day as we watch things slowly roll out...On july 4th weekend…Even my redemption center folks will be on call. They are being asked to not travel more than 50 miles from home in case this thing does go…this is unique for a holiday weekend...this was their original plan to pull the trigger on a 3 day weekend.
7-2-2021 Newshound Guru Pimpy I keep talking to you about Iraq's oil, that they're really doing good. Also there is some oil that they have not announced yet, I have not figured out why - A big pool of it that is really going to put them into the spotlight as far as money is concerned. Another reason why you should hold onto your dinars. Article: "Iraqi Oil Surges 30% To China & 23% To India Surpassing Saudi Arabia As Fastest Growing Market" That's what we like to hear.
7-2-2021 Intel Guru Fleming RV Update...Our military intel contact just said...all those...saying the RV will not be released & trying to find ways to steal RV funds—they are all being arrested now; they are NOT being allowed to delay any more; ...He said this will make it possible to move things our way...between now & the weekend—nothing can stop this ...
7-2-2021 Newshound/Intel Guru Mnt Goat Article: "FLOATING THE CURRENCY AND RENTIERISM CONFUSE THE IRAQI ECONOMY" We all should know by now they will NEVER float the dinar on the program rate which would be just inside Iraq. The IMF plans to float the dinar only once they liberalize it and reinstate it...I believe that this article is not just coincidental but purposefully given to educate the citizens on what they will plan to do soon.
7-1-2021 Intel Guru MarkZ [via PDK] Getting a lot of interesting news…not sure what it all means…They have moved most appointments that were scheduled today until Monday but they are to be on call for anytime this weekend including tomorrow...I am waiting for any moment to get that call that things have occurred. [Mark, do you see anyway they can kick this can another 3, 6 or 12 months?] ...at this point…no…I do not think they will be able to kick the can any further…the cat’s out of the bag.
7-1-2021 Newshound/Intel Guru Mnt Goat ...items that I especially deem as important and useful to moving Iraq ahead and getting us the reinstatement and thus going to the bank to exchange our dinar at a significant increase in value...One of these events this week was what I can categorize as amazing news. Article: "INTERNATIONAL EXPERTS IMPLEMENT DOZENS OF AL-KAZEMI WHITE PAPER PROJECTS" This was news of the beginning phases of the implementation of 64 projects from the “White Paper”...this is amazing news since now they are actually going to tackle implementing these projects... Finally! ...one of these reforms is the project to delete the zeros and...this project leads us to the reinstatement of the dinar. This is when we go to the bank...Yes, they seem to be moving ahead.
7-1-2021 Intel Guru Holly We have a new day dawning! The news is today, July 1st starts our new world with our new banking! ...We have heard so many times this is it to only be disappointed. From all the news from the multitude of sources this is a different time and place we are in now...It’s always been about safety and security...the security in place has made this safe now for us to exchange. The world is ready and needs this to propel forward. We can not wait any longer. We are in the optimal place and all risk assessments have been completed...
7-1-2021 Intel Guru MarkZ [via PDK] ...I have been told there are 2 different camps …one camp is hearing July 1st….and the other is hearing July 5th...My folks have no intention of leaving from where they area at. They are very hopeful this will be the weekend…..I am very hopeful this is our weekend. They are buckled in for what they hope is the inevitability of it going over the weekend. There is a huge push in Iraq for them to be international by the 15th of July which is their independence day. There is a big push going on as we speak.
7-1-2021 Newshound Guru Pimpy so you guys feel good about your investment but also limit your risk...don't go out there and go all willy-nilly buying millions and millions and millions of dinars. Me, I only have 5 million. I set goals...that's it...the IQD is not a scam. We know it's not. It's the probability of an RI or an RV that we're actually betting on...there's no guarantees. I feel confident in the dinar that's why I talk about it. That's why I have it...holding onto your dinar is the right decision... [post 2 of 2]
7-1-2021 Newshound Guru Pimpy The currency itself is not a scam. The investment is not a scam. There are individual out there who use the currency to commit fraud against other individuals. That's the scam. Is there going to be an RI or an RV? It's possible. We've heard many many different things telling us that it's real and it will happen. I'm saying it's possible... [post 1 of 2....stay tuned]
7-1-2021 Newshound/Intel Guru Petra Question [It looks like they are about to make an announcement - that's the way you feel right?] Absolutely, yeah. They're talking about holding contracts and these contracts are going to be paid in dinars. International contracts paid in dinars - What does that mean? It means they have to have the reinstatement of the rate... quote: 'the new contracts are based on the new exchange rate,' is one of the comments in the articles.
7-1-2021 Intel Guru Frank26 The currency is about to go on a float... we told you they were going to explain step-by-step-by-step-by-step...In the last 8 days do you realize how much information has been told to the Iraqi citizens? ...they are working on the exchange rate. It's all about the implementation of the exchange rate of the new currency [what we call the new small category notes] now...IMO it sure looks like it's here...
7-1-2021 Intel Guru MarkZ [via PDK] We are sure seeing some crazy things on dinar…At the bank yesterday the rate was showing at about .68 cents…not even a 1 to 1 yet. But this is still an enormous change in value… This still could be testing or place holders or priming the system…but I take this as a very good sign. We will just watch it until the real rate locks in.
7-1-2021 Newshound/Intel Guru Mnt Goat ...items that I especially deem as important and useful to moving Iraq ahead and getting us the reinstatement and thus going to the bank to exchange our dinar at a significant increase in value...One of these events this week was what I can categorize as amazing news. Article: "INTERNATIONAL EXPERTS IMPLEMENT DOZENS OF AL-KAZEMI WHITE PAPER PROJECTS" This was news of the beginning phases of the implementation of 64 projects from the “White Paper”...this is amazing news since now they are actually going to tackle implementing these projects... Finally! ...one of these reforms is the project to delete the zeros and...this project leads us to the reinstatement of the dinar. This is when we go to the bank...Yes, they seem to be moving ahead.
7-1-2021 Intel Guru Holly We have a new day dawning! The news is today, July 1st starts our new world with our new banking! ...We have heard so many times this is it to only be disappointed. From all the news from the multitude of sources this is a different time and place we are in now...It’s always been about safety and security...the security in place has made this safe now for us to exchange. The world is ready and needs this to propel forward. We can not wait any longer. We are in the optimal place and all risk assessments have been completed...
7-1-2021 Intel Guru MarkZ [via PDK] ...I have been told there are 2 different camps …one camp is hearing July 1st….and the other is hearing July 5th...My folks have no intention of leaving from where they area at. They are very hopeful this will be the weekend…..I am very hopeful this is our weekend. They are buckled in for what they hope is the inevitability of it going over the weekend. There is a huge push in Iraq for them to be international by the 15th of July which is their independence day. There is a big push going on as we speak.
7-1-2021 Newshound Guru Pimpy so you guys feel good about your investment but also limit your risk...don't go out there and go all willy-nilly buying millions and millions and millions of dinars. Me, I only have 5 million. I set goals...that's it...the IQD is not a scam. We know it's not. It's the probability of an RI or an RV that we're actually betting on...there's no guarantees. I feel confident in the dinar that's why I talk about it. That's why I have it...holding onto your dinar is the right decision... [post 2 of 2]
7-1-2021 Newshound Guru Pimpy The currency itself is not a scam. The investment is not a scam. There are individual out there who use the currency to commit fraud against other individuals. That's the scam. Is there going to be an RI or an RV? It's possible. We've heard many many different things telling us that it's real and it will happen. I'm saying it's possible... [post 1 of 2....stay tuned]
7-1-2021 Newshound/Intel Guru Petra Question [It looks like they are about to make an announcement - that's the way you feel right?] Absolutely, yeah. They're talking about holding contracts and these contracts are going to be paid in dinars. International contracts paid in dinars - What does that mean? It means they have to have the reinstatement of the rate... quote: 'the new contracts are based on the new exchange rate,' is one of the comments in the articles.
7-1-2021 Intel Guru Frank26 The currency is about to go on a float... we told you they were going to explain step-by-step-by-step-by-step...In the last 8 days do you realize how much information has been told to the Iraqi citizens? ...they are working on the exchange rate. It's all about the implementation of the exchange rate of the new currency [what we call the new small category notes] now...IMO it sure looks like it's here...
7-1-2021 Intel Guru MarkZ [via PDK] We are sure seeing some crazy things on dinar…At the bank yesterday the rate was showing at about .68 cents…not even a 1 to 1 yet. But this is still an enormous change in value… This still could be testing or place holders or priming the system…but I take this as a very good sign. We will just watch it until the real rate locks in.
6-30-2021 Newshound/Intel Gurus Walkingstick & Frank26 If you have not yet seen articles explaining the new exchange rate we want you to be prepared because they are about to come out...they are going to explain the Iraqi dinar being on par with the USD. These articles are set to be released very soon. These articles are to be coupled with explanation of the removal of the three zeros from their exchange rate. These articles will also be an introduction of a new currency that we call new small category notes and of their denominations. The understanding is the CBI is prepared to release those articles at any time. There is more to come but it is our desire to stop there until these articles come out.
6-30-2021 Intel Guru MarkZ [via PDK] In Iraq they are still saying on the street that they will have the highest valued currency in the region…Right now the highest valued currency is Kuwait at about $3.31.
6-30-2021 Intel Guru Holly Wednesday Rv News: We were born for this moment in time! We are part of history in the making. Record the day you get your notifications and go to your appointment. Write it down for future generations that you participated in the greatest transfer wealth ever to happen on the planet. You had a front row seat and actively participated in making it happen. The news was very quiet yesterday as people are gagged. All sources are on board this is our week. We are in a now or never scenario. The go was given and we await the notifications to come out...We are in any any moment time-frame and we are coming up to a three day weekend. We are in the optimal timing for this now...
6-30-2021 Newshound/Intel Guru Petra With Kazemi doing what he's doing and the speech he gave on TV Saturday, telling the country they are about to go international. They are about to support the people. I believe without a shadow of a doubt Kazemi is a man of the people...I think we're marching right up to this very very close based on what they're telling us they're doing.
6-30-2021 Intel Guru MarkZ [via PDK] [Is it quiet out there on RV or is it just me?] Its not just you…its pretty quiet...the PTB, UST, Homeland Security have really cracked down on leaks. This is a good thing. ...We do have a 3 day weekend coming up…perhaps it’s going to be interesting? For those of you who are new to the game…we pay attention to 3 day weekends because the original plan years ago was for the RV to be released on a 3 day weekend so they would have that extra banking day to put everything into place. …Whether or not they still need this…probably not…but we still get nervous on 3 day weekends wondering if “this is it”. Hopefully we will see something before then.
6-30-2021 Intel Guru Frank26 Article: "The advisory body is studying the investment of high oil prices and addressing the effects of the dollar exchange" They're telling you they are changing the rate. Quote: "there is a study that the Central Bank is conducting with the Ministry of Planning and economic experts to address the effects of changing the exchange rate." Oh my dear god. What do you think are the positives of the decision to raise the value of the Iraqi dinar? The Iraqi citizens gain purchasing power. This is what they wanted...
6-30-2021 Newshound Guru Pimpy This next week is going to be interesting in a lot of different ways. Let's see how everything pans out. Let's see what this [U.S.] bombing [Inside of Iraq] has caused. Let's see if anything is going to come of it - bad or good...We have good news in the sense that outside investors are...ready to get in there. The other thing...they have the money to start reconstruction which is good. They weened out their corruption - this is good. We need a strengthened economy - This is good. The removal of sanctions off the Ayatollah in Iran is bad. It's a grab bag of news. It's a mixture of stuff...I'm hopeful...they seem to be moving in a positive direction which is good and that's what we want.
6-30-2021 Newshound Guru Kaperoni One thing I've noticed over the last couple weeks is the significant amount of laws that are related to developing Iraq's economy that they say they are now in the hands of parliament. We've heard this all before it but it's time for parliament to pass these laws.
6-30-2021 Intel Guru Fleming Tuesday RV Report: Our military intel contact said things are moving fast and that as of 1:57 pm EST today Tue 29 June DoD gave a release for lock down of rates and procedures for the shotgun start & T4B notifications —watch today & tomorrow he said...
6-30-2021 Intel Guru MarkZ [via PDK] In Iraq they are still saying on the street that they will have the highest valued currency in the region…Right now the highest valued currency is Kuwait at about $3.31.
6-30-2021 Intel Guru Holly Wednesday Rv News: We were born for this moment in time! We are part of history in the making. Record the day you get your notifications and go to your appointment. Write it down for future generations that you participated in the greatest transfer wealth ever to happen on the planet. You had a front row seat and actively participated in making it happen. The news was very quiet yesterday as people are gagged. All sources are on board this is our week. We are in a now or never scenario. The go was given and we await the notifications to come out...We are in any any moment time-frame and we are coming up to a three day weekend. We are in the optimal timing for this now...
6-30-2021 Newshound/Intel Guru Petra With Kazemi doing what he's doing and the speech he gave on TV Saturday, telling the country they are about to go international. They are about to support the people. I believe without a shadow of a doubt Kazemi is a man of the people...I think we're marching right up to this very very close based on what they're telling us they're doing.
6-30-2021 Intel Guru MarkZ [via PDK] [Is it quiet out there on RV or is it just me?] Its not just you…its pretty quiet...the PTB, UST, Homeland Security have really cracked down on leaks. This is a good thing. ...We do have a 3 day weekend coming up…perhaps it’s going to be interesting? For those of you who are new to the game…we pay attention to 3 day weekends because the original plan years ago was for the RV to be released on a 3 day weekend so they would have that extra banking day to put everything into place. …Whether or not they still need this…probably not…but we still get nervous on 3 day weekends wondering if “this is it”. Hopefully we will see something before then.
6-30-2021 Intel Guru Frank26 Article: "The advisory body is studying the investment of high oil prices and addressing the effects of the dollar exchange" They're telling you they are changing the rate. Quote: "there is a study that the Central Bank is conducting with the Ministry of Planning and economic experts to address the effects of changing the exchange rate." Oh my dear god. What do you think are the positives of the decision to raise the value of the Iraqi dinar? The Iraqi citizens gain purchasing power. This is what they wanted...
6-30-2021 Newshound Guru Pimpy This next week is going to be interesting in a lot of different ways. Let's see how everything pans out. Let's see what this [U.S.] bombing [Inside of Iraq] has caused. Let's see if anything is going to come of it - bad or good...We have good news in the sense that outside investors are...ready to get in there. The other thing...they have the money to start reconstruction which is good. They weened out their corruption - this is good. We need a strengthened economy - This is good. The removal of sanctions off the Ayatollah in Iran is bad. It's a grab bag of news. It's a mixture of stuff...I'm hopeful...they seem to be moving in a positive direction which is good and that's what we want.
6-30-2021 Newshound Guru Kaperoni One thing I've noticed over the last couple weeks is the significant amount of laws that are related to developing Iraq's economy that they say they are now in the hands of parliament. We've heard this all before it but it's time for parliament to pass these laws.
6-30-2021 Intel Guru Fleming Tuesday RV Report: Our military intel contact said things are moving fast and that as of 1:57 pm EST today Tue 29 June DoD gave a release for lock down of rates and procedures for the shotgun start & T4B notifications —watch today & tomorrow he said...
6-29-2021 Intel Guru MarkZ [via PDK] ...I was hoping to have something more solid tonight…I’m not hearing anything negative... I am hoping to have updates...tomorrow. Most of my group leader contacts are looking for Wednesday night into Thursday at this point. The news really is good and paymaster and group leaders are being leaned on to not give details.
6-29-2021 Newshound Guru Kaperoni ...'program rate' again. That is a made-up term that is misconstrued from the IMF Article IV Consultations. The exchange rate of the dinar is the exchange rate. It is not a program rate. ...[Guru] Mtn Goat thinks Iraq cannot float the currency from a 'program rate.'...If and when the dinar floats, it will float from the rate it is at the time.
6-29-2021 Intel Guru MarkZ [via PDK] ...there is great expectations of bond redemptions today and tomorrow...If this is indeed to take place they need the RV immediately on its heels. Lots of chatter but nothing solid yet today. A lot of bankers who had left are now back in place...
6-29-2021 Intel Guru Frank26 Article, I've got a picture of it I was so impressed with it. I said, "WHAT!" Holy cow, they just told the world that they are making a change to their exchange rate. What have we been saying this entire time? The only reason the Kuwait conference failed was because they didn't go Article VIII. Now the only reason those same companies, those same countries are pouring in is because they are Article VIII which is attached to the fact that they made a change to the exchange rate for their currency. For them to say it...oh my goodness! That was it!
6-29-2021 Intel Guru Holly Tuesday RV News: I have many confirmations that our long awaited blessing is upon us...The meetings yesterday went well and the go was given. We are in the most optimal time for this to happen...I expect notifications by today or tomorrow.
6-29-2021 Newshound Guru Pimpy Now that makes it very realistic that the IQD can indeed be revalued around $3.00 if not more. I'm not saying that's the rate. I'm saying now that is a more realistic rate given the fact that we know for sure now that the amount of existing IQD has been reduced by at least a minimum of 70%...this is great news. That means the amount of money in the hands of speculators is very low. [post 2 of 2]
6-29-2021 Newshound Guru Pimpy Something like 95% of the [IQD] supply is out of country. 5% of it is in country. I can tell you this that the big portion of the existing IQD is in the hands of banks...a lot of people talk about having IQD, how many people actually have it? The average speculator has 250,000 IQD...So if they removed 70% of the money supply, plus all the ones that have been damaged just through wear and tear, ones that were taken by ISIS, ones damaged during the flood, that means the actual amount of IQD out there is very low. [post 1 of 2]
6-29-2021 Newshound/Intel Guru Petra It's very clear to me the progress has been absolutely phenomenal. If you were to put on a chart the amount of conversation that has gone from the CBI...the last two weeks have been off the charts. And the right people are talking. Basically setting the stage...there is clear evidence that a campaign has been going on now for a little over a week, maybe longer. It's talking to the citizens about what is coming...they have carefully and clearly and strategically been letting out information...IMO they are executing on a very tight plan.
6-29-2021 Newshound Guru Kaperoni ...'program rate' again. That is a made-up term that is misconstrued from the IMF Article IV Consultations. The exchange rate of the dinar is the exchange rate. It is not a program rate. ...[Guru] Mtn Goat thinks Iraq cannot float the currency from a 'program rate.'...If and when the dinar floats, it will float from the rate it is at the time.
6-29-2021 Intel Guru MarkZ [via PDK] ...there is great expectations of bond redemptions today and tomorrow...If this is indeed to take place they need the RV immediately on its heels. Lots of chatter but nothing solid yet today. A lot of bankers who had left are now back in place...
6-29-2021 Intel Guru Frank26 Article, I've got a picture of it I was so impressed with it. I said, "WHAT!" Holy cow, they just told the world that they are making a change to their exchange rate. What have we been saying this entire time? The only reason the Kuwait conference failed was because they didn't go Article VIII. Now the only reason those same companies, those same countries are pouring in is because they are Article VIII which is attached to the fact that they made a change to the exchange rate for their currency. For them to say it...oh my goodness! That was it!
6-29-2021 Intel Guru Holly Tuesday RV News: I have many confirmations that our long awaited blessing is upon us...The meetings yesterday went well and the go was given. We are in the most optimal time for this to happen...I expect notifications by today or tomorrow.
6-29-2021 Newshound Guru Pimpy Now that makes it very realistic that the IQD can indeed be revalued around $3.00 if not more. I'm not saying that's the rate. I'm saying now that is a more realistic rate given the fact that we know for sure now that the amount of existing IQD has been reduced by at least a minimum of 70%...this is great news. That means the amount of money in the hands of speculators is very low. [post 2 of 2]
6-29-2021 Newshound Guru Pimpy Something like 95% of the [IQD] supply is out of country. 5% of it is in country. I can tell you this that the big portion of the existing IQD is in the hands of banks...a lot of people talk about having IQD, how many people actually have it? The average speculator has 250,000 IQD...So if they removed 70% of the money supply, plus all the ones that have been damaged just through wear and tear, ones that were taken by ISIS, ones damaged during the flood, that means the actual amount of IQD out there is very low. [post 1 of 2]
6-29-2021 Newshound/Intel Guru Petra It's very clear to me the progress has been absolutely phenomenal. If you were to put on a chart the amount of conversation that has gone from the CBI...the last two weeks have been off the charts. And the right people are talking. Basically setting the stage...there is clear evidence that a campaign has been going on now for a little over a week, maybe longer. It's talking to the citizens about what is coming...they have carefully and clearly and strategically been letting out information...IMO they are executing on a very tight plan.
6-28-2021 Intel Guru MarkZ [via PDK] ...SHORT NEWS UPDATE...On the RV front there are some interesting pieces that have me scratching my head. I am expecting great news at any time this week…expecting big news going into the weekend. Today was kind of a stutter/start. It is definitely not a nothing-burger...I reached out to redemption center folks… they don’t know timing but know they are on call this week.
6-28-2021 Newshound/Intel Guru BGG [Reference Guru Pimpy post 6-28-2021] This representation is mostly inaccurate. We have published the actual news sources, documentation and hard facts surrounding the Kuwaiti event numerous times. While it is true, there were clearly some investors who made some money is this circumstance – it is (was) nowhere near the size and scope as is normally portrayed. I tend to think this commenter is recalling the China incident, event wise… though the China event was not much of an upward value change (+/- 8-9% in one day).
6-28-2021 Intel Guru Holly We begin another week and the news over the weekend was the final release is forth coming and they they are highly anticipatory of it this week. That is from the majority of the sources I speak to. There is another one who says sometime in July and another says by August. So I will say this, we are event driven and this is optimally now in the best time for this. Can things change? Absolutely… as this is based on events going on, most of which we will never hear about that goes on behind the scenes.
6-28-2021 Intel Guru MarkZ [via PDK] Very interesting news this weekend…There is a lot happening today. I have a number of key players in big meetings at 11 AM. We don’t have any idea how long it will take... I am getting tremendous static on the RV side of things...We are hearing the reason it has not gone yet…is Yellen, Powell and company…current administration are fighting it tooth and nail…. I think this is going to be a good week…
6-28-2021 Newshound Guru Pimpy There's a lot of chatter about the exchange rate. It just keeps going on and on. It's very interesting. A little nugget to tease you guys - when the Kuwait dinar changed it changed a couple days after they came out saying they had no intention on changing the rate for a long time. Two days later they changed it...
6-28-2021 Newshound/Intel Guru Mnt Goat The dinar, in a way, is indirectly floating now via the speculators and money exchangers and we see the mess it is creating in Iraq. ...Yes, Iraq it is time you put on your BIG BOY PANTS and finally emerge to the global economy and get out of your closed economy and re-peg the dinar to other currencies in the basket the IMF has stated many times will happen. [Post 2 of 2]
6-28-2021 Newshound/Intel Guru Mnt Goat Article: "IS FLOATING THE CURRENCY A VIABLE OPTION? UNDER WHAT CONTEXT?" The context they are talking about is the FLOATING the dinar exchange rate and I quote- “of the national currency against other foreign currencies”, which means to reinstate the dinar on FOREX and other currency exchanges. Right now it is solely pegged to the US dollar so they are not talking about floating the program rate. They know already they can not FLOAT the currency on a program rate inside Iraq. [Post 1 of 2]
6-28-2021 Newshound/Intel Guru BGG [Reference Guru Pimpy post 6-28-2021] This representation is mostly inaccurate. We have published the actual news sources, documentation and hard facts surrounding the Kuwaiti event numerous times. While it is true, there were clearly some investors who made some money is this circumstance – it is (was) nowhere near the size and scope as is normally portrayed. I tend to think this commenter is recalling the China incident, event wise… though the China event was not much of an upward value change (+/- 8-9% in one day).
6-28-2021 Intel Guru Holly We begin another week and the news over the weekend was the final release is forth coming and they they are highly anticipatory of it this week. That is from the majority of the sources I speak to. There is another one who says sometime in July and another says by August. So I will say this, we are event driven and this is optimally now in the best time for this. Can things change? Absolutely… as this is based on events going on, most of which we will never hear about that goes on behind the scenes.
6-28-2021 Intel Guru MarkZ [via PDK] Very interesting news this weekend…There is a lot happening today. I have a number of key players in big meetings at 11 AM. We don’t have any idea how long it will take... I am getting tremendous static on the RV side of things...We are hearing the reason it has not gone yet…is Yellen, Powell and company…current administration are fighting it tooth and nail…. I think this is going to be a good week…
6-28-2021 Newshound Guru Pimpy There's a lot of chatter about the exchange rate. It just keeps going on and on. It's very interesting. A little nugget to tease you guys - when the Kuwait dinar changed it changed a couple days after they came out saying they had no intention on changing the rate for a long time. Two days later they changed it...
6-28-2021 Newshound/Intel Guru Mnt Goat The dinar, in a way, is indirectly floating now via the speculators and money exchangers and we see the mess it is creating in Iraq. ...Yes, Iraq it is time you put on your BIG BOY PANTS and finally emerge to the global economy and get out of your closed economy and re-peg the dinar to other currencies in the basket the IMF has stated many times will happen. [Post 2 of 2]
6-28-2021 Newshound/Intel Guru Mnt Goat Article: "IS FLOATING THE CURRENCY A VIABLE OPTION? UNDER WHAT CONTEXT?" The context they are talking about is the FLOATING the dinar exchange rate and I quote- “of the national currency against other foreign currencies”, which means to reinstate the dinar on FOREX and other currency exchanges. Right now it is solely pegged to the US dollar so they are not talking about floating the program rate. They know already they can not FLOAT the currency on a program rate inside Iraq. [Post 1 of 2]
6-27-2021 Intel Guru RayRen98 [via Vinterv] RAP Notes 6/27/21: *Bankers excited *WM Saying, "This is it...it's done!" *Definitely last week. We'll see a difference by Tues. *Iraqi sources saying this is definitely it. This week, and told Ray "why", but he could not share the why at this time.
6-27-2021 Newshound Guru Kaperoni Over the weekend several articles have surfaced that basically state what I have been saying for several years that the success of the dinar will be based on the economic growth of Iraq that is not rentier, meaning not oil... several variant of the articles... confirm Iraq needs to create a private sector, and investment. Only then can the dinar rise in value...
6-27-2021 Newshound Guru Pimpy Article: "A government advisor bets the improvement of the value of the dinar on several conditions and determines the rate of high inflation" Here we go again. They continue to talk about the value of the dinar in the news. Whether it's the exchange rate, what they could do, what's going on with it, why they did what they did, they sure are focused a lot on the dinar which is another reason why I can't help - I think they told us, give them 3 to 5 years or whatever it was. I don't think it's going to take that long...
6-27-2021 Intel Guru Frank26 It's going to be be a managed controlled float...a float means that their currency is going international. That's Article VIII...the CBI is on a massive campaign to tell the citizens to build confidence...
6-27-2021 Intel Guru Bluwolf Yes, we were just informed a few minutes ago that the RV will no longer wait for all 209 countries to sign off the RV and that they will start with just 28 countries. It’s true...Mexico just signed in. This has been confirmed by the top top trusted authorities. We can be called anytime between tonight or early next week. It is no longer if but when...
6-27-2021 Intel Guru Holly Sunday Rv News: The news I heard yesterday is we are on the cusp of this coming finally to a reality. It has been a long time waiting and we all are weary...The Adjudicated funds needs to be released. They do weekly risk assessments on the release to see if it is safe and there will never be a perfect time for the release. There are optimal times and we are in an optimal time right now. Expect big things tomorrow. The world is ready, we are ready and...from all my sources we are here! I expect notifications this week.
6-27-2021 Intel Guru Fleming Saturday RV Report/Rumors: It's a really important day today, a date to remember forever. Today, following meetings among RV GCR principals late last night, thru early this morning, decisions were made to launch everything this weekend. Tomorrow [Sunday] the RV GCR starts in US...Our long wait has ended...Note: All intel should be considered as "Rumors" until we are making exchange appointments...
6-27-2021 Newshound Guru Kaperoni Over the weekend several articles have surfaced that basically state what I have been saying for several years that the success of the dinar will be based on the economic growth of Iraq that is not rentier, meaning not oil... several variant of the articles... confirm Iraq needs to create a private sector, and investment. Only then can the dinar rise in value...
6-27-2021 Newshound Guru Pimpy Article: "A government advisor bets the improvement of the value of the dinar on several conditions and determines the rate of high inflation" Here we go again. They continue to talk about the value of the dinar in the news. Whether it's the exchange rate, what they could do, what's going on with it, why they did what they did, they sure are focused a lot on the dinar which is another reason why I can't help - I think they told us, give them 3 to 5 years or whatever it was. I don't think it's going to take that long...
6-27-2021 Intel Guru Frank26 It's going to be be a managed controlled float...a float means that their currency is going international. That's Article VIII...the CBI is on a massive campaign to tell the citizens to build confidence...
6-27-2021 Intel Guru Bluwolf Yes, we were just informed a few minutes ago that the RV will no longer wait for all 209 countries to sign off the RV and that they will start with just 28 countries. It’s true...Mexico just signed in. This has been confirmed by the top top trusted authorities. We can be called anytime between tonight or early next week. It is no longer if but when...
6-27-2021 Intel Guru Holly Sunday Rv News: The news I heard yesterday is we are on the cusp of this coming finally to a reality. It has been a long time waiting and we all are weary...The Adjudicated funds needs to be released. They do weekly risk assessments on the release to see if it is safe and there will never be a perfect time for the release. There are optimal times and we are in an optimal time right now. Expect big things tomorrow. The world is ready, we are ready and...from all my sources we are here! I expect notifications this week.
6-27-2021 Intel Guru Fleming Saturday RV Report/Rumors: It's a really important day today, a date to remember forever. Today, following meetings among RV GCR principals late last night, thru early this morning, decisions were made to launch everything this weekend. Tomorrow [Sunday] the RV GCR starts in US...Our long wait has ended...Note: All intel should be considered as "Rumors" until we are making exchange appointments...
6-26-2021 Newshound Guru MilitiaMan Article: "The Central Bank of Mosul Branch organizes an introductory lecture on the dangers of counterfeiting" I sure like the timing of this. It may or may not be a precursor to what we expect in respect to the new small category notes. Why would they be holding meetings again on the large notes? They have been in circulation for long enough just about everyone and there brother knows what to look for by now...But, with new currency, that is another ball park... imo...
6-26-2021 Newshound/Intel Guru Mnt Goat Article: "PARLIAMENTARY FINANCE HOSTS THE MINISTER OF FINANCE AND THE DIRECTOR GENERAL OF THE ACCOUNTING DEPARTMENT TO DISCUSS 3 FILES" I have information from my CBI contact that they also discussed (the 3rd file) the mechanism for completing the project to delete the zeros in the middle of an accounting period and the ramifications of this action, should they do it. This was WOW news to me...
6-26-2021 Intel Guru Frank26 Article: "Al-Kazemi talks about raising the dollar exchange rate and its relationship with the poor" Kazemi tells the citizens, 'give us your 3 zero notes because the NSCN's will not work with the PR [Program rate]'.
6-26-2021 Newshound/Intel Gurus Walkingstick & Frank26 Consider/think, if the budget was seriously set at 1460 then there would be no fear to open the budget for 1460 in the past because if they're going to open it now, it's at 1460 now. It's been at 1460 for at least seven months. Why don't you open the budget? Because the budget is not at 1460. Everything awaits the new exchange rate. Everything awaits the new 'mechanism'. Everything.
6-26-2021 Newshound Guru Pimpy 96% of the money generated to support the budget came from oil sales but after the White Papers it's dropped down to 70% dependent. This is really a huge chunk. We want it down more but from 96% down to 70% dependence on oil sales is a pretty big damn step if you ask me. Kudos again to Al-Kazemi's administration...
6-26-2021 Intel Guru Footforward It's funny. They keep acting and talking like a country with a currency that has revalued. The clues are there that this is coming in my opinion if you know what to look for.
6-26-2021 Intel Guru MarkZ [via PDK] Somebody here on the stream had a great banking experience. Their Savings and Loan Credit Union added foreign currencies…buy/sell. Yesterday the Dinar was listed at .20 Cents…She could not make it in until this morning and the price had already moved back to where it was before. They commented that yes…they are seeing the rates fluctuating.
6-26-2021 Newshound/Intel Guru Mnt Goat Article: "PARLIAMENTARY FINANCE HOSTS THE MINISTER OF FINANCE AND THE DIRECTOR GENERAL OF THE ACCOUNTING DEPARTMENT TO DISCUSS 3 FILES" I have information from my CBI contact that they also discussed (the 3rd file) the mechanism for completing the project to delete the zeros in the middle of an accounting period and the ramifications of this action, should they do it. This was WOW news to me...
6-26-2021 Intel Guru Frank26 Article: "Al-Kazemi talks about raising the dollar exchange rate and its relationship with the poor" Kazemi tells the citizens, 'give us your 3 zero notes because the NSCN's will not work with the PR [Program rate]'.
6-26-2021 Newshound/Intel Gurus Walkingstick & Frank26 Consider/think, if the budget was seriously set at 1460 then there would be no fear to open the budget for 1460 in the past because if they're going to open it now, it's at 1460 now. It's been at 1460 for at least seven months. Why don't you open the budget? Because the budget is not at 1460. Everything awaits the new exchange rate. Everything awaits the new 'mechanism'. Everything.
6-26-2021 Newshound Guru Pimpy 96% of the money generated to support the budget came from oil sales but after the White Papers it's dropped down to 70% dependent. This is really a huge chunk. We want it down more but from 96% down to 70% dependence on oil sales is a pretty big damn step if you ask me. Kudos again to Al-Kazemi's administration...
6-26-2021 Intel Guru Footforward It's funny. They keep acting and talking like a country with a currency that has revalued. The clues are there that this is coming in my opinion if you know what to look for.
6-26-2021 Intel Guru MarkZ [via PDK] Somebody here on the stream had a great banking experience. Their Savings and Loan Credit Union added foreign currencies…buy/sell. Yesterday the Dinar was listed at .20 Cents…She could not make it in until this morning and the price had already moved back to where it was before. They commented that yes…they are seeing the rates fluctuating.
6-25-2021 Intel Guru Holly Friday Rv News: Yesterday was very quiet and there was not much news. The quiet is good as people are told to be quiet to get this done. All that was said is they want this completed and are feverishly working to complete it and get the final release done. I understand all issues are completed and they were having meetings to get this rolled out...
6-25-2021 Intel Guru Bruce [via WiserNow] ...we...have word that the GCR and the RV...is to take place at 12:01 AM Saturday morning - When I hear that time it makes me think of “Friday Night” 1 minute after midnight - 12:01 AM is the official time for the GCR and RV to be in effect... we may just get this over the weekend and yes we could start Saturday...but could turn into early next week... so I’m looking forward to some great things happening by the weekend and over the weekend... were are in an any minute situation for notification...
6-25-2021 Intel Guru Fleming Friday RV Report: Our military intel contact is confirming Mr. Fleming's sources...THINGS ARE LOOKING GOOD FOR THE NEXT 24 HOURS for going live with the RV/GCR and a Sat 26 June shotgun start...AS OF TODAY FRI 25 JUNE DoD like UST realize THEY NEED TO GET THE RV OUT TO GO LIVE WITH THE SHOTGUN START TODAY OR WITHIN THE NEXT 4 DAYS because EVERYTHING IS COMPLETED AND READY TO GO LIVE...RV rates will not be finalized until the lockdown of rates and procedures happens just before the shotgun start and T4B is started...WE ARE AT THE END, AT THE FINAL DEADLINE TIMING...
6-25-2021 Newshound Guru Pimpy ...We can wait a little longer...but here's my thought process. The more surplus they have...then there's no need for borrowing. There won't be a deficit in the next couple of year's budgets and could spend more money on private sectors providing jobs. More jobs - the less money that government needs in its budget - puts us right back on track...I would keep it at this rate to the end of the year and then move it back to the 1190 dinars and then start slow increments increase...From 1190 dinar...to 1180. Wait a few months....mover it up to...950 dinar...it benefits the Iraqi people...you don't raise the rate and then turn around and have to lower it again...I know you don't want to hear this...that's just my opinion. I'm not saying they're doing that...
6-25-2021 Intel Guru Frank26 Article: "The advisory body is studying the investment of high oil prices and addressing the effects of the dollar exchange" They're telling you they are changing the rate. Quote: "Regarding changing the dollar exchange rate...there is a study that the Central Bank is conducting with the Ministry of Planning and economic experts to address the effect of changing the exchange rate..." Bada-bing-bada-boom...Drop the microphone!
6-25-2021 Intel Guru MarkZ [via PDK] My bankers are still seeing all kinds of fluctuating rates. There was great hopes for last night…there has been no movement yet to speak of. People are still being asked to stay in place... Most of the info I am getting now is leaking from Europe and Asia. It may be tough from now on to get anything solid…this is a good thing.
6-25-2021 Newshound Guru MilitiaMan A reinstatement based of current fundamentals will and can make it happen. Being fully article 8 will be show time... imo...Having support from having an internationally acceptable currency is imo part of the plan. They need to be successful. The world is imo relying on if not requiring it to happen, peripherally anyway, imo. It sure looks like what we are seeing is the stage is set and the reconstruction expo if you will is the weekend...Fascinating times we are in...imo. [post 2 of 2]
6-25-2021 Newshound Guru MilitiaMan Article: "A government advisor reveals the goal of the 5 trillion initiative for the Central Bank" This is telling me that the CBI is fully aware of the global monetary polices and circumstances affecting the world and have a plan to help with those...To move a real economy takes being international and able to work on a level playing field. ...Iraq is not besieged any longer. They don't have the hyper inflation like the previous decades, nor do the have the DEBT! Getting to a market economy requires a level playing field. A program rate with out being Article 8 compliant in totality is not going to level that field. [post 1 of 2....stay tuned]
6-25-2021 Intel Guru MarkZ [via PDK] We don’t know how it will work in all countries…but here in the US…where we have so many currency holders I can tell you undoubtably that there will be a number of redemption centers. I have talked to people in real life who have helped train folks for the redemption centers...in other countries where there are fewer currency holders they will probably just use banks. Even here in the US they may designate certain banks as redemption centers…especially in rural areas.
6-25-2021 Intel Guru Bruce [via WiserNow] ...we...have word that the GCR and the RV...is to take place at 12:01 AM Saturday morning - When I hear that time it makes me think of “Friday Night” 1 minute after midnight - 12:01 AM is the official time for the GCR and RV to be in effect... we may just get this over the weekend and yes we could start Saturday...but could turn into early next week... so I’m looking forward to some great things happening by the weekend and over the weekend... were are in an any minute situation for notification...
6-25-2021 Intel Guru Fleming Friday RV Report: Our military intel contact is confirming Mr. Fleming's sources...THINGS ARE LOOKING GOOD FOR THE NEXT 24 HOURS for going live with the RV/GCR and a Sat 26 June shotgun start...AS OF TODAY FRI 25 JUNE DoD like UST realize THEY NEED TO GET THE RV OUT TO GO LIVE WITH THE SHOTGUN START TODAY OR WITHIN THE NEXT 4 DAYS because EVERYTHING IS COMPLETED AND READY TO GO LIVE...RV rates will not be finalized until the lockdown of rates and procedures happens just before the shotgun start and T4B is started...WE ARE AT THE END, AT THE FINAL DEADLINE TIMING...
6-25-2021 Newshound Guru Pimpy ...We can wait a little longer...but here's my thought process. The more surplus they have...then there's no need for borrowing. There won't be a deficit in the next couple of year's budgets and could spend more money on private sectors providing jobs. More jobs - the less money that government needs in its budget - puts us right back on track...I would keep it at this rate to the end of the year and then move it back to the 1190 dinars and then start slow increments increase...From 1190 dinar...to 1180. Wait a few months....mover it up to...950 dinar...it benefits the Iraqi people...you don't raise the rate and then turn around and have to lower it again...I know you don't want to hear this...that's just my opinion. I'm not saying they're doing that...
6-25-2021 Intel Guru Frank26 Article: "The advisory body is studying the investment of high oil prices and addressing the effects of the dollar exchange" They're telling you they are changing the rate. Quote: "Regarding changing the dollar exchange rate...there is a study that the Central Bank is conducting with the Ministry of Planning and economic experts to address the effect of changing the exchange rate..." Bada-bing-bada-boom...Drop the microphone!
6-25-2021 Intel Guru MarkZ [via PDK] My bankers are still seeing all kinds of fluctuating rates. There was great hopes for last night…there has been no movement yet to speak of. People are still being asked to stay in place... Most of the info I am getting now is leaking from Europe and Asia. It may be tough from now on to get anything solid…this is a good thing.
6-25-2021 Newshound Guru MilitiaMan A reinstatement based of current fundamentals will and can make it happen. Being fully article 8 will be show time... imo...Having support from having an internationally acceptable currency is imo part of the plan. They need to be successful. The world is imo relying on if not requiring it to happen, peripherally anyway, imo. It sure looks like what we are seeing is the stage is set and the reconstruction expo if you will is the weekend...Fascinating times we are in...imo. [post 2 of 2]
6-25-2021 Newshound Guru MilitiaMan Article: "A government advisor reveals the goal of the 5 trillion initiative for the Central Bank" This is telling me that the CBI is fully aware of the global monetary polices and circumstances affecting the world and have a plan to help with those...To move a real economy takes being international and able to work on a level playing field. ...Iraq is not besieged any longer. They don't have the hyper inflation like the previous decades, nor do the have the DEBT! Getting to a market economy requires a level playing field. A program rate with out being Article 8 compliant in totality is not going to level that field. [post 1 of 2....stay tuned]
6-25-2021 Intel Guru MarkZ [via PDK] We don’t know how it will work in all countries…but here in the US…where we have so many currency holders I can tell you undoubtably that there will be a number of redemption centers. I have talked to people in real life who have helped train folks for the redemption centers...in other countries where there are fewer currency holders they will probably just use banks. Even here in the US they may designate certain banks as redemption centers…especially in rural areas.
6-24-2021 Newshound/Intel Guru Mnt Goat Article: "AFTER THE JUSTIFICATIONS FOR RAISING THE PRICE OF THE DOLLAR IS NO LONGER REQUIRED, DEMANDS TO SAVE THE CITIZEN FROM THE GREED OF TRADERS" Quote: "... justification and motivation not to change the exchange rate to 1450, but rather to return to the old exchange rate." They are talking about going back to the “OLD” exchange rate upwards of $3.00+. This is VERY clear they DO NOT mean going back to the old previous post December 2020 program rate of 1450. Yes, it can not get any clearer the direction they want to take... [See Guru Pimpy's counter view on this subject below.]
6-24-2021 Newshound/Intel Guru Walkingstick [via Frank26] It's now finished [The new CBI building]. Talk about timing. This building it's huge. It looks like the tower of babel...this bank was not ready two years ago. Nothing was ready two years ago. This bank is ready now...it is state of the art. You don't need the state of the art for a program rate. You need the state of the art for Article VIII...the new CBI building is now ready for the monetary reform and it's ready for the international banking world...it's going to be a currency central hub...
6-24-2021 Newshound Guru Pimpy Article: "Parliamentary Finance sends an "urgent" message to the government regarding dollar prices" The news coming out of Iraq the last 7 to 10 days or so has been very positive. Baby steps but you know what nonetheless still positive... Quote: "the parliament finance committee called on Iraq government to restore the exchange rate of he dollar against the Iraq dinar..." People are going, 'oh, Pimpy is this restored back to the original $3.00?' No. They're talking about the rate change of 1190 for every dollar. The economy supports it now with oil prices going up... [See Guru Mnt. Goat's counter view on this subject above.]
6-24-2021 Intel Guru MarkZ [via PDK] We are exactly where we were at yesterday… It’s not a nothing burger… We are expecting movement sometime on Thursday...We are watching very closely. We have been here before so I caution you all not to get to excited.
6-24-2021 Intel Guru Frank26 They are connected with their banks inside of Iraq to the international banks outside of Iraq. This has never happened in my lifetime. Because this is happening right now it's very obvious they're Article VIII and that's very obvious why the world is pouring in...granted they don't have to raise the value of their currency to be article VIII but they have to have International laws in order to be Article VIII. By doing so that means that the dinar is going outside of the country... the evidence is there. We know what they're doing...
6-24-2021 Newshound/Intel Guru Mnt Goat We must keep telling ourselves to remember that VALUE and RATE are two different things. We know for a FACT that the VALUE of the dinar is very high but the RATE to reflect the true VALUE is being suppressed. Why? Its called corruption...The Iraqi dinar has tremendous VALUE, as Dr Shabibi himself told the world way back in the early 2000’s that the dinar could sustain as much as $16.00 US in open trading. (I am not saying this is going to be the rate when it comes out). What we want is the RATE of exchanging to US dollars from Dinars to rise. We already have the VALUE...
6-24-2021 Newshound Guru Pimpy Article: "The dollar continues to decline against the dinar with the closure of the Baghdad Stock Exchange" Again going in the right direction. It's doing it in baby steps but it's going...it got down to around 1470 for every one dollar...so it is going in the right direction. It's doing it at about...10 dinars at a time...as long as it keeps going in the right direction I'll take the baby steps...
6-24-2021 Intel Guru Bruce [via WiserNow] I’m excited... the blessing is on its way...The information that we got was that Iraq actually had a rate... they were prepared and did put out internationally on Saturday – now they had some issues in Iraq with Iranian sympathizers...these shenanigans ... backed us up a little bit and we thought ok we’re going to be good to go...well we came to find out what happened was the IMF got involved and wanted to increase a rate that came out from Iraq and so they got with the CBI person – IMF did and agreed on a higher rate that Iraq could easily support...we believe our notifications day is to happen either...(Wed)...and if for some reason it’s not - we should look for it on Thursday morning...but look for it to happen very soon...
6-24-2021 Newshound/Intel Guru Walkingstick [via Frank26] It's now finished [The new CBI building]. Talk about timing. This building it's huge. It looks like the tower of babel...this bank was not ready two years ago. Nothing was ready two years ago. This bank is ready now...it is state of the art. You don't need the state of the art for a program rate. You need the state of the art for Article VIII...the new CBI building is now ready for the monetary reform and it's ready for the international banking world...it's going to be a currency central hub...
6-24-2021 Newshound Guru Pimpy Article: "Parliamentary Finance sends an "urgent" message to the government regarding dollar prices" The news coming out of Iraq the last 7 to 10 days or so has been very positive. Baby steps but you know what nonetheless still positive... Quote: "the parliament finance committee called on Iraq government to restore the exchange rate of he dollar against the Iraq dinar..." People are going, 'oh, Pimpy is this restored back to the original $3.00?' No. They're talking about the rate change of 1190 for every dollar. The economy supports it now with oil prices going up... [See Guru Mnt. Goat's counter view on this subject above.]
6-24-2021 Intel Guru MarkZ [via PDK] We are exactly where we were at yesterday… It’s not a nothing burger… We are expecting movement sometime on Thursday...We are watching very closely. We have been here before so I caution you all not to get to excited.
6-24-2021 Intel Guru Frank26 They are connected with their banks inside of Iraq to the international banks outside of Iraq. This has never happened in my lifetime. Because this is happening right now it's very obvious they're Article VIII and that's very obvious why the world is pouring in...granted they don't have to raise the value of their currency to be article VIII but they have to have International laws in order to be Article VIII. By doing so that means that the dinar is going outside of the country... the evidence is there. We know what they're doing...
6-24-2021 Newshound/Intel Guru Mnt Goat We must keep telling ourselves to remember that VALUE and RATE are two different things. We know for a FACT that the VALUE of the dinar is very high but the RATE to reflect the true VALUE is being suppressed. Why? Its called corruption...The Iraqi dinar has tremendous VALUE, as Dr Shabibi himself told the world way back in the early 2000’s that the dinar could sustain as much as $16.00 US in open trading. (I am not saying this is going to be the rate when it comes out). What we want is the RATE of exchanging to US dollars from Dinars to rise. We already have the VALUE...
6-24-2021 Newshound Guru Pimpy Article: "The dollar continues to decline against the dinar with the closure of the Baghdad Stock Exchange" Again going in the right direction. It's doing it in baby steps but it's going...it got down to around 1470 for every one dollar...so it is going in the right direction. It's doing it at about...10 dinars at a time...as long as it keeps going in the right direction I'll take the baby steps...
6-24-2021 Intel Guru Bruce [via WiserNow] I’m excited... the blessing is on its way...The information that we got was that Iraq actually had a rate... they were prepared and did put out internationally on Saturday – now they had some issues in Iraq with Iranian sympathizers...these shenanigans ... backed us up a little bit and we thought ok we’re going to be good to go...well we came to find out what happened was the IMF got involved and wanted to increase a rate that came out from Iraq and so they got with the CBI person – IMF did and agreed on a higher rate that Iraq could easily support...we believe our notifications day is to happen either...(Wed)...and if for some reason it’s not - we should look for it on Thursday morning...but look for it to happen very soon...
6-23-2021 Intel Guru Fleming Our military intel contact had gotten confirmation at mid-day, like Mr. Fleming’s sources, that at 11:51 am EST today Wed 23 June the IQN went live on FOREX and the other 22 currency rates were also ready to go live for FOREX too by that time...He is confirming that tomorrow Thu 24 June is now “squarely the target day to initiate the shotgun start,”...he said—this RV release will be completed now at all costs.
6-23-2021 Newshound Guru Pimpy There's talk again about the exchange rate... Article "The dollar is falling against the dinar with the closure of Baghdad markets" It's slow mind you, it's tiny increments, but at least it's going in the right direction...the Central Bank is doing its job. Stabilizing it.
6-23-2021 Intel Guru Frank26 [Boots on the ground report] Firefly - "It's on television and the CBI has confirmed its commitment to a stable foreign exchange rate for the Iraqi dinar" Frank - A program rate is not stable. There's nothing stable in a program rate. It's extremely fragile...the CBI governor comes out and he tells the citizens of Iraq , 'We are committed to change the rate' is what he's saying...how would you like 1 to 1? That's pretty stable...
6-23-2021 Intel Guru Sheila The CBI is coming out with a controlled float. This means they are going International. The CBI has full control. Kazemi and the CBI will tell their folks that the new CBI building is all ready…one year ahead of time…it’s modern…state of the art…it’s huge and a reproduction of the Tower of Babel. They did not build this for a lousy rate. It’s more modern then any of ours…. Iraq is paying off all their debts. The education is flowing to all the citizens. Rasheed Bank sets the date for citizens to review the new cards…they are telling us they are changing the rate...The short of it is the CBI is in full control of changing the rate. They are about to show us….
6-23-2021 Newshound/Intel Guru Mnt Goat Article: "PARLIAMENTARY FINANCE COMMITTEE WARNED THE CENTRAL BANK OF THE COLLAPSE OF THE IRAQI DINAR AGAINST THE US DOLLAR UNLESS SOMETHING IS DONE SOON." The PRESSURE builds to do something “soon”.
6-23-2021 Newshound Guru Pimpy Article: "Al-Kazemi's advisor: The Central Bank is able to control the exchange rate of the dollar against the Iraqi dinar" I remember we used to talk about the exchange rate, why doesn't the government change it? I said, because they don't have any say so. They can complain. They can request. But the truth of the matter is the change is in the hands of the CBI. They are totally separate from the government. They're independent.
6-23-2021 Intel Guru Holly The news from my sources yesterday was everything was set to go and release this week. Everything is done and ready to go. Once again we wait the final release to happen...
6-23-2021 Intel Guru MarkZ [via PDK] What I am hearing is Thursday is squarely the target day at this point…there was indeed some technical issues between IMF and UST…..to do with some of the smaller US banks that couldn’t communicate with the new banking system...It wasn’t a complete nothing burger…we at least had some condiments on it even if we didn’t have the burger... All my sources think it will happen on Thursday….
6-23-2021 Newshound/Intel Guru Walkingstick [via Frank26] There are many roads IMO that will cross on the 28th of this month - with World Banks, with the CBI...the CBI is now talking/giving speeches about lifting of the three zeros...they ain't coming out and talking to you plainly by saying 'oh yeah, we're going to add value. Oh yeah, we need to lift the value against the dollar.' No They're talking point blank...the governor's speeches have been on 'lifting the 3 zeros' not 'changing the exchange rate'. That was the theme from parliament. They are not going to change the exchange rate. That is not the 'mechanism' of the CBI. They told you countless times that they will remove zeros from the exchange rate...
6-23-2021 Intel Guru Frank26 The Finance Minister [Seleh]...on the 19th [said]...our exchange rate is going to stay the way it is...the following day on the 20th Seleh says the complete opposite. 'Yeah, there's a study about the exchange rate...we're going to change it. It's not going to be the way it is. We're going to change the exchange rate yeah. I'm sorry, my bad.'
6-23-2021 Newshound Guru Kaperoni This past weekend much of the attention was focused on two different articles one discusses implement implementation of the delete three zeros or LOP. The other is when it would be appropriate to float the Iraqi dinar. The delete 3 zeros is not a solution it is a neutral event where the dinar maintains the same value but it removes the zeros. This is a common occurrence in many countries that are unable to develop a private sector and have economic growth. Many in Iraq want them to do this...The other option is to build a private sector by passing laws, creating a suitable business environment, and attracting foreign investment. Doing so would allow the economy to prosper and as a result the dinar to grow in value and be a true value based on real economic success...we will have to wait and watch and see if Iraq decides to do the right thing or not...
6-23-2021 Intel Guru Sheila [via Guru MarkZ] ...the Economic Reform will be coming through Kurdistan. The Kurds are a model of security and investment. There are many closed door meetings at the CBI today…no media…. Kazemi is going to the US for a 4 day visit… Many roads will cross on the 28th with the World Bank and the CBI…. Now the CBI is giving speeches about lifting the zeros...
6-23-2021 Newshound Guru Pimpy There's talk again about the exchange rate... Article "The dollar is falling against the dinar with the closure of Baghdad markets" It's slow mind you, it's tiny increments, but at least it's going in the right direction...the Central Bank is doing its job. Stabilizing it.
6-23-2021 Intel Guru Frank26 [Boots on the ground report] Firefly - "It's on television and the CBI has confirmed its commitment to a stable foreign exchange rate for the Iraqi dinar" Frank - A program rate is not stable. There's nothing stable in a program rate. It's extremely fragile...the CBI governor comes out and he tells the citizens of Iraq , 'We are committed to change the rate' is what he's saying...how would you like 1 to 1? That's pretty stable...
6-23-2021 Intel Guru Sheila The CBI is coming out with a controlled float. This means they are going International. The CBI has full control. Kazemi and the CBI will tell their folks that the new CBI building is all ready…one year ahead of time…it’s modern…state of the art…it’s huge and a reproduction of the Tower of Babel. They did not build this for a lousy rate. It’s more modern then any of ours…. Iraq is paying off all their debts. The education is flowing to all the citizens. Rasheed Bank sets the date for citizens to review the new cards…they are telling us they are changing the rate...The short of it is the CBI is in full control of changing the rate. They are about to show us….
6-23-2021 Newshound/Intel Guru Mnt Goat Article: "PARLIAMENTARY FINANCE COMMITTEE WARNED THE CENTRAL BANK OF THE COLLAPSE OF THE IRAQI DINAR AGAINST THE US DOLLAR UNLESS SOMETHING IS DONE SOON." The PRESSURE builds to do something “soon”.
6-23-2021 Newshound Guru Pimpy Article: "Al-Kazemi's advisor: The Central Bank is able to control the exchange rate of the dollar against the Iraqi dinar" I remember we used to talk about the exchange rate, why doesn't the government change it? I said, because they don't have any say so. They can complain. They can request. But the truth of the matter is the change is in the hands of the CBI. They are totally separate from the government. They're independent.
6-23-2021 Intel Guru Holly The news from my sources yesterday was everything was set to go and release this week. Everything is done and ready to go. Once again we wait the final release to happen...
6-23-2021 Intel Guru MarkZ [via PDK] What I am hearing is Thursday is squarely the target day at this point…there was indeed some technical issues between IMF and UST…..to do with some of the smaller US banks that couldn’t communicate with the new banking system...It wasn’t a complete nothing burger…we at least had some condiments on it even if we didn’t have the burger... All my sources think it will happen on Thursday….
6-23-2021 Newshound/Intel Guru Walkingstick [via Frank26] There are many roads IMO that will cross on the 28th of this month - with World Banks, with the CBI...the CBI is now talking/giving speeches about lifting of the three zeros...they ain't coming out and talking to you plainly by saying 'oh yeah, we're going to add value. Oh yeah, we need to lift the value against the dollar.' No They're talking point blank...the governor's speeches have been on 'lifting the 3 zeros' not 'changing the exchange rate'. That was the theme from parliament. They are not going to change the exchange rate. That is not the 'mechanism' of the CBI. They told you countless times that they will remove zeros from the exchange rate...
6-23-2021 Intel Guru Frank26 The Finance Minister [Seleh]...on the 19th [said]...our exchange rate is going to stay the way it is...the following day on the 20th Seleh says the complete opposite. 'Yeah, there's a study about the exchange rate...we're going to change it. It's not going to be the way it is. We're going to change the exchange rate yeah. I'm sorry, my bad.'
6-23-2021 Newshound Guru Kaperoni This past weekend much of the attention was focused on two different articles one discusses implement implementation of the delete three zeros or LOP. The other is when it would be appropriate to float the Iraqi dinar. The delete 3 zeros is not a solution it is a neutral event where the dinar maintains the same value but it removes the zeros. This is a common occurrence in many countries that are unable to develop a private sector and have economic growth. Many in Iraq want them to do this...The other option is to build a private sector by passing laws, creating a suitable business environment, and attracting foreign investment. Doing so would allow the economy to prosper and as a result the dinar to grow in value and be a true value based on real economic success...we will have to wait and watch and see if Iraq decides to do the right thing or not...
6-23-2021 Intel Guru Sheila [via Guru MarkZ] ...the Economic Reform will be coming through Kurdistan. The Kurds are a model of security and investment. There are many closed door meetings at the CBI today…no media…. Kazemi is going to the US for a 4 day visit… Many roads will cross on the 28th with the World Bank and the CBI…. Now the CBI is giving speeches about lifting the zeros...
6-21-2021 ***** Dinar Guru Market Rate Update ***** Community Member Tony (who's a better mathematician than me! :) alerted me that the CBI official rate and market rate are once again within the IMF's 2% rule. This is good news. It appears the CBI's recent education campaign reported on by Guru Frank26 is working to restore confidence in the dinar. Guru Kaperoni says the 2% ratio must be held for a minimum of 90 day before Iraq can accept IMF Article VIII. The dinar slipped out of compliance for about 3 weeks... Stay tuned as the gurus chime in on the latest rate changes and to see if the CBI can maintain this positive momentum. The latest guru posts will continue below...
6-22-2021 Newshound Guru Pimpy Article: "The U.S. House of Representatives decides to cancel the use of military force in Iraq" Yay! We feel they're stable enough to be there on their own and that's exactly what they did. This is a good move. We're restoring the sovereignty of Iraq. Notice that they said, 'We want you to respect our sovereignty. We want sovereignty, sovereignty, sovereignty.' Sovereignty is a nation that can stand on their own without any outside help.
6-22-2021 Newshound Guru MilitiaMan Article: "AL-KAZEMI’S ADVISOR: THE PROJECT TO DELETE ZEROS FROM THE CURRENCY IS SUBJECT TO TWO CONDITIONS" Quote: "appropriate conditions are achieved, cash payments in Iraq..." Wow...Imo they are achieved. CASH PAYMENTS RETROACTIVE to come imo...
6-22-2021 Intel Guru Holly Tuesday RV News: The hold up on Sunday night was resolved yesterday. There were a lot of meetings yesterday and the rate issue not being released was fixed. I will not put out any timeframe when we expect to see the final release as people get too stuck on a date and then get upset if that date does not happen. Just know all is moving forward and we are on track for this to happen at any moment...
6-22-2021 Intel Guru MarkZ [via PDK] What I am hearing on the RV front is the IMF and UST are having some glitches. We don’t know if they are political, software, financial or what??? They are in the process of squaring this away... My folks are still in place...I think it’s any moment between now and Thursday…At least that is what I am being told. I really hope its accurate...
6-22-2021 Intel Guru Frank26 A powerful article came out on the 20th...the article is flat out telling you, we now have security inside of Iraq and we now have stability in our currency. You're about to see something very soon IMO... On December 20th they approved everything...and exactly 6 months later right on target on the 20th of June they start to tell you everything we told you they were going to tell you and even more...
6-22-2021 Intel Guru Sheila [via Guru MarkZ] ...things look great for this to go at any moment...The CBI is meeting tomorrow with financial leaders and private banks…Chase, Wells Fargo, Citibank, Bank of America… The exchange rate can come back at anytime…they have the “Monetary Reform” well calculated and it’s about to come back… all the postponements were due to Iran interference. …The rate has been a secret but they are about to tell us everything... The CBI says the new rate is a phenomenon…
6-22-2021 Newshound/Intel Guru Mnt Goat I have some “WOW” news for you...Yes, this news is amazing since the financial advisor to the prime minister suggested that they perform the project to delete the zeros. We have not heard any discussions on this project for a very long time. It is about time. They are discussing it as part of the solution to the financial mess they are in...once again they are debating the need to do the project (which will get us the RV and shortly afterwards the RI). What we need is for the finance committee, through the pressure from the prime minister and his financial advisor and economists, to work with the CBI and then later for the CBI to confirm that they are moving ahead. We have not yet gotten this confirmation...
6-22-2021 Newshound Guru Pimpy When they tell you it's being exchanged in country...that doesn't make no sense...I want you to understand something. If the rate change happened in country do you understand what type of black market we'd have going on here? You can go to the United States and buy the currency dirt cheap, run over to the border, give it to a friend who can run it to Iraq, exchange it for the higher exchange rate, take the money, bring it back to you, go back to your country buy more and get rich that way. This is why there is no change of rate in country. It would definitely disable the currency. That doesn't make any sense whatsoever.
6-22-2021 Intel Guru Fleming Third Monday RV Report... Military has confirmed that from 1:01 AM EDT...the FOREX will update. Tomorrow morning will be the shotgun start for Tier 4. If everything goes according to plan, in the wee hours of the morning, Tuesday, June 22, 2021 is our start...
6-22-2021 Intel Guru MarkZ Evening Update: No negative news…A number of my banking contacts are going right to voicemail...I am hoping this is a good sign... [Maybe they signed an NDA?] Yes I am hoping that…or that they are busy exchanging right now. I would like to think this is positive news...a couple of them in Europe...are being asked to stay in position. They are being told this is very close…imminent… [Do you think this is our week] All of my bankings contacts do…and I hope they are correct.
6-22-2021 Newshound Guru MilitiaMan Article: "AL-KAZEMI’S ADVISOR: THE PROJECT TO DELETE ZEROS FROM THE CURRENCY IS SUBJECT TO TWO CONDITIONS" Quote: "appropriate conditions are achieved, cash payments in Iraq..." Wow...Imo they are achieved. CASH PAYMENTS RETROACTIVE to come imo...
6-22-2021 Intel Guru Holly Tuesday RV News: The hold up on Sunday night was resolved yesterday. There were a lot of meetings yesterday and the rate issue not being released was fixed. I will not put out any timeframe when we expect to see the final release as people get too stuck on a date and then get upset if that date does not happen. Just know all is moving forward and we are on track for this to happen at any moment...
6-22-2021 Intel Guru MarkZ [via PDK] What I am hearing on the RV front is the IMF and UST are having some glitches. We don’t know if they are political, software, financial or what??? They are in the process of squaring this away... My folks are still in place...I think it’s any moment between now and Thursday…At least that is what I am being told. I really hope its accurate...
6-22-2021 Intel Guru Frank26 A powerful article came out on the 20th...the article is flat out telling you, we now have security inside of Iraq and we now have stability in our currency. You're about to see something very soon IMO... On December 20th they approved everything...and exactly 6 months later right on target on the 20th of June they start to tell you everything we told you they were going to tell you and even more...
6-22-2021 Intel Guru Sheila [via Guru MarkZ] ...things look great for this to go at any moment...The CBI is meeting tomorrow with financial leaders and private banks…Chase, Wells Fargo, Citibank, Bank of America… The exchange rate can come back at anytime…they have the “Monetary Reform” well calculated and it’s about to come back… all the postponements were due to Iran interference. …The rate has been a secret but they are about to tell us everything... The CBI says the new rate is a phenomenon…
6-22-2021 Newshound/Intel Guru Mnt Goat I have some “WOW” news for you...Yes, this news is amazing since the financial advisor to the prime minister suggested that they perform the project to delete the zeros. We have not heard any discussions on this project for a very long time. It is about time. They are discussing it as part of the solution to the financial mess they are in...once again they are debating the need to do the project (which will get us the RV and shortly afterwards the RI). What we need is for the finance committee, through the pressure from the prime minister and his financial advisor and economists, to work with the CBI and then later for the CBI to confirm that they are moving ahead. We have not yet gotten this confirmation...
6-22-2021 Newshound Guru Pimpy When they tell you it's being exchanged in country...that doesn't make no sense...I want you to understand something. If the rate change happened in country do you understand what type of black market we'd have going on here? You can go to the United States and buy the currency dirt cheap, run over to the border, give it to a friend who can run it to Iraq, exchange it for the higher exchange rate, take the money, bring it back to you, go back to your country buy more and get rich that way. This is why there is no change of rate in country. It would definitely disable the currency. That doesn't make any sense whatsoever.
6-22-2021 Intel Guru Fleming Third Monday RV Report... Military has confirmed that from 1:01 AM EDT...the FOREX will update. Tomorrow morning will be the shotgun start for Tier 4. If everything goes according to plan, in the wee hours of the morning, Tuesday, June 22, 2021 is our start...
6-22-2021 Intel Guru MarkZ Evening Update: No negative news…A number of my banking contacts are going right to voicemail...I am hoping this is a good sign... [Maybe they signed an NDA?] Yes I am hoping that…or that they are busy exchanging right now. I would like to think this is positive news...a couple of them in Europe...are being asked to stay in position. They are being told this is very close…imminent… [Do you think this is our week] All of my bankings contacts do…and I hope they are correct.
6-21-2021 Intel Guru Fleming Our military intel contact can’t say much except that IMF had to finish rate coordination after Iraq finished, the RV teams meeting and pointing fingers today means they are PUSHING HARD for the release right now...His info agrees...“positive news for this week”...; and his info agrees with the intel from Mr Fleming’s source who said, “There was a meeting today to determine who did what in causing the RV delay last night. The parties attending included: DOD, IMF, UST, WF, HSBC, and the specific principals from Iraq involved, all of the parties involved in the release...the end result was a unanimous - push this out right now decision. It's all in process.”
6-21-2021 Intel Guru Holly This is a fluid event and we must remain fluid and keep our expectations in check...As far as the release of the RV, what was told is all is ready and done and then we found out yesterday something needed to be done by the IMF. ...just allow it to happen and it will when it is time.
6-21-20221 Intel Guru Fleming ...WF, HSBC, (and thousands of Redemption Centers), all of the banking entities involved, wait along with millions of us, for the start to begin the exchange process – expected last night. ...No rates were publicly given, and FOREX did not demonstrate the New Iraq Dinar values - along with 22 other new currency values. So what happened? We may never know...What matters is that the RV GCR is moving forward...There’s no stopping RV GCR. FOREX rates are updated every TUESDAY, THURSDAY and SUNDAY...
6-21-2021 Intel Guru MarkZ [via PDK] ...I believe this is going to be a very interesting week...I believe this is going to come at us at a million miles an hour this week...I heard from my banking contacts there was a major push for this to go last night. There is a lot of folks still in place. My redemption folks in Europe are staying in place...Europe is still holding on to hope... As for rates…lots of different rates showing on banks screens …nothing settled…my banking guys do not know what the rate will finally be…We are just waiting for that shoe to drop. I know it’s hard when we are so close…
6-21-2021 Newshound Guru Pimpy Look they talk about this all the time. People always get their panties in a wad. They talk about this but there's already been a ton of studies that say this would be big. This would be bigger than when they devalued the currency in the first place. Are they going to do it? There's no way to tell. Most likely not. That doesn't mean I'm right. It's my opinion...this would be yet another huge blow to the currency itself. People would lose faith in it...they bring this up at least once every six months...everybody goes up in in arms. Everybody panics...watch what they do, not what they say. [post 2 of 2]
6-21-2021 Newshound Guru Pimpy Article: "Al-Kazemi's financial advisor: Deleting three zeros from the currency is an option" Every six months or so this gets brought up and everybody gets in panic mode...he didn't say they're gonna do it. It's an option. They did 5 years worth of study. You know what they found out? It's not doable. It affects the poor too much...they already devalued the currency, now you're talking about lopping off the zeros? So 10,000 dinars becomes 10 dinars...lopping the zeros off the currency -bad. Removing it off the rate - good...if they lop off the zeros people would lose confidence in their currency. You would get pissed off people from countries all over who have invested into the currency... [Post 1 of 2....stay tuned]
6-21-2021 Intel Guru Holly ...all my sources are saying everything is done. We just await the final release and notifications. We clearly are on an any moment release.
6-21-2021 Intel Guru Holly This is a fluid event and we must remain fluid and keep our expectations in check...As far as the release of the RV, what was told is all is ready and done and then we found out yesterday something needed to be done by the IMF. ...just allow it to happen and it will when it is time.
6-21-20221 Intel Guru Fleming ...WF, HSBC, (and thousands of Redemption Centers), all of the banking entities involved, wait along with millions of us, for the start to begin the exchange process – expected last night. ...No rates were publicly given, and FOREX did not demonstrate the New Iraq Dinar values - along with 22 other new currency values. So what happened? We may never know...What matters is that the RV GCR is moving forward...There’s no stopping RV GCR. FOREX rates are updated every TUESDAY, THURSDAY and SUNDAY...
6-21-2021 Intel Guru MarkZ [via PDK] ...I believe this is going to be a very interesting week...I believe this is going to come at us at a million miles an hour this week...I heard from my banking contacts there was a major push for this to go last night. There is a lot of folks still in place. My redemption folks in Europe are staying in place...Europe is still holding on to hope... As for rates…lots of different rates showing on banks screens …nothing settled…my banking guys do not know what the rate will finally be…We are just waiting for that shoe to drop. I know it’s hard when we are so close…
6-21-2021 Newshound Guru Pimpy Look they talk about this all the time. People always get their panties in a wad. They talk about this but there's already been a ton of studies that say this would be big. This would be bigger than when they devalued the currency in the first place. Are they going to do it? There's no way to tell. Most likely not. That doesn't mean I'm right. It's my opinion...this would be yet another huge blow to the currency itself. People would lose faith in it...they bring this up at least once every six months...everybody goes up in in arms. Everybody panics...watch what they do, not what they say. [post 2 of 2]
6-21-2021 Newshound Guru Pimpy Article: "Al-Kazemi's financial advisor: Deleting three zeros from the currency is an option" Every six months or so this gets brought up and everybody gets in panic mode...he didn't say they're gonna do it. It's an option. They did 5 years worth of study. You know what they found out? It's not doable. It affects the poor too much...they already devalued the currency, now you're talking about lopping off the zeros? So 10,000 dinars becomes 10 dinars...lopping the zeros off the currency -bad. Removing it off the rate - good...if they lop off the zeros people would lose confidence in their currency. You would get pissed off people from countries all over who have invested into the currency... [Post 1 of 2....stay tuned]
6-21-2021 Intel Guru Holly ...all my sources are saying everything is done. We just await the final release and notifications. We clearly are on an any moment release.
6-20-2021 Intel Guru RayRen98 The anticipated rates are as follows: Dinar range is $3.70 to $3.95; Dong range is .42¢ to .62¢... TIME WILL DEFINITELY TELL!!
6-20-2021 Newshound Guru Pimpy Article: "Al-Kazemi's advisor: The Central Bank is able to control the exchange rate of the dollar against the Iraqi dinar" Quote: "The Central Bank had confirmed the stability of the dollar exchange rate and the absence of any intentions to change it." People keep talking about this...that a rate change is coming - coming sooner than you know. I believe it's going to change too but not that dang soon...I'm surprised it's taken this long but hang tight it's going to happen...
6-20-2021 Intel Guru Frank26 The U.S. Treasury directly told the CBI, 'Raise the value of your currency'...we have articles - IMF telling the CBI, 'Raise the value of your currency' directly. I mean directly the World Bank tells the CBI, 'Do it. Do it. You're sovereign. Raise the value.'...Look at all of those that are telling them to raise the value of their currency beside you.
6-20-2021 Intel Guru RayRen98 Several bank sources are expecting to see LIVE rates on Sunday evening when the Forex market opens at 5:00 PM, Eastern. Top level personnel are told to start "checking" their systems starting Sunday afternoon in preparation of strategic conference calls. They are planning on being extremely BUSY next week.
6-20-2021 Newshound Guru Pimpy We haven't had any kind of disruptions recently. No civil unrest. No protests. No missiles. No terrorist attacks. No Iran being bullies. It looks like foreign companies are coming in to do business. Looking real good. And the dinar is going in the right direction.
6-20-2021 Newshound Guru Kaperoni Almost a year after it was written, Iraq still has not implemented the majority of the 'white papers' which were designed to diversify Iraq's economy. I assure you, Iraq has no intention to raise the value of the dinar under the current conditions. Iraq must pass laws and create a suitable investment climate before the dinar could ever appreciate in value. ...as I've stated numerous times the Iraqi dinar is pegged to the US dollar so outside the country the exchange rate is fixed and does not change. Until they decide to unpeg and float the dinar there will be no International change in the currency value.
6-20-2021 Newshound Guru Pimpy Article: "Al-Kazemi's advisor: The Central Bank is able to control the exchange rate of the dollar against the Iraqi dinar" Quote: "The Central Bank had confirmed the stability of the dollar exchange rate and the absence of any intentions to change it." People keep talking about this...that a rate change is coming - coming sooner than you know. I believe it's going to change too but not that dang soon...I'm surprised it's taken this long but hang tight it's going to happen...
6-20-2021 Intel Guru Frank26 The U.S. Treasury directly told the CBI, 'Raise the value of your currency'...we have articles - IMF telling the CBI, 'Raise the value of your currency' directly. I mean directly the World Bank tells the CBI, 'Do it. Do it. You're sovereign. Raise the value.'...Look at all of those that are telling them to raise the value of their currency beside you.
6-20-2021 Intel Guru RayRen98 Several bank sources are expecting to see LIVE rates on Sunday evening when the Forex market opens at 5:00 PM, Eastern. Top level personnel are told to start "checking" their systems starting Sunday afternoon in preparation of strategic conference calls. They are planning on being extremely BUSY next week.
6-20-2021 Newshound Guru Pimpy We haven't had any kind of disruptions recently. No civil unrest. No protests. No missiles. No terrorist attacks. No Iran being bullies. It looks like foreign companies are coming in to do business. Looking real good. And the dinar is going in the right direction.
6-20-2021 Newshound Guru Kaperoni Almost a year after it was written, Iraq still has not implemented the majority of the 'white papers' which were designed to diversify Iraq's economy. I assure you, Iraq has no intention to raise the value of the dinar under the current conditions. Iraq must pass laws and create a suitable investment climate before the dinar could ever appreciate in value. ...as I've stated numerous times the Iraqi dinar is pegged to the US dollar so outside the country the exchange rate is fixed and does not change. Until they decide to unpeg and float the dinar there will be no International change in the currency value.
6-19-2021 Intel Guru Fleming Our military intel contact is confirming ...that as of today Sat 19 June, the UST has gotten the sign off from other Treasuries across the globe on the new RV rates for all the other 22 currencies...He confirmed that Mr. Fleming's source saying that Iraq is still working today Sat 19 June on its IQN rate at $3.90 and as soon as the CBI is done, the other 22 currency rates will be triggered too... He is confirming that the general public T5 is now planned by the IMF to start by Sat 3 July AFTER T4B SafeLink Website links and 800#s have been out over the coming last two weeks of June...this week is expected to be BOOM WEEK FOR EVERYONE AND EVERY TIER!
6-19-2021 Intel Guru Holly Yes we are disappointed another week has passed and we are still waiting...From all sources this coming week should be the final release. It is a fluid event driven not date driven event. So if something else comes up the plan shifts accordingly. Just know all that needs to be done appears to be done...
6-19-2021 Intel Guru Frank26 You are now seeing the campaign that we told you would come out from Mustafa Ghaleb, the CBI governor. A campaign we said to educate the citizens, everyone...on the new 'mechanism'...what is the new mechanism? A plan. What is the plan? A new exchange rate.
6-19-2021 Newshound Guru Pimpy Article: "The dollar is declining and central bank sales are declining". This is great news...I told you outside of waiting for some type of RV or RI announcement there's other things we should be looking for. The dollar is still declining against the dinar. This is good. It's not like a lot but it's still good. It's going in the right direction...the other day you could get 1490 dinars for a dollar. It is now dropped down to 1485 dinars per dollar. Now I get it. Some people will bash it but you don't get it. It's going in the correct direction. If it goes in increments and it just chugs right along every week I'll take it. Seriously, as long as it's going in the right direction that's all that matters...
6-19-2021 Intel Guru Bruce [via WiserNow] However what we are supposed to get is supposed to be quite a bit better than that and should show up on a back screen – so my point is – tier 4B you need to ask for the higher rate than is showing on the screen - just making you aware of that – same is true for the Dong – so keep that in mind – So we...looking very good... it’s looking like we can actually see some light at the end of this tunnel... [post 2 of 2]
6-19-2021 Intel Guru Bruce [via WiserNow] what I am hearing is that Iraq wants to get their rate out and put it out internationally...on Saturday...out with an international rate...that...would show up on the Forex...We roughly know what the rate is going to be...It could very well be that the rate that they have created for us for tier 4B may be back on the back screen now – the front screen rate at the banks which will show up Monday morning after all new rates populate over the weekend either Saturday or Sunday – and we can see it at the banks – Sunday / Sunday night – By Monday morning they should all be there – the front screen rate may be the same – probably will be the same as the Forex rate – for the Dinar and the other currencies... [post 1 of 2....stay tuned]
6-19-2021 Intel Guru Fleming Once they notified the IMF, Iraq had 3 days, or 72 hours to put IQD, along with 22 currencies from other (IMF) approved Nation states, on FOREX. 72 hours, to publish these new currency rates live in banks, around the world, honored by the UST. Forex will post these new rates live for banks, currency exchange centers everywhere to access. Sunday the rates will lock in and go live...The currencies are going...live, on front bank screens with new rates posted Sunday night. Monday morning banks all over the world will have new rates that must be honored.
6-19-2021 Intel Guru Holly Yes we are disappointed another week has passed and we are still waiting...From all sources this coming week should be the final release. It is a fluid event driven not date driven event. So if something else comes up the plan shifts accordingly. Just know all that needs to be done appears to be done...
6-19-2021 Intel Guru Frank26 You are now seeing the campaign that we told you would come out from Mustafa Ghaleb, the CBI governor. A campaign we said to educate the citizens, everyone...on the new 'mechanism'...what is the new mechanism? A plan. What is the plan? A new exchange rate.
6-19-2021 Newshound Guru Pimpy Article: "The dollar is declining and central bank sales are declining". This is great news...I told you outside of waiting for some type of RV or RI announcement there's other things we should be looking for. The dollar is still declining against the dinar. This is good. It's not like a lot but it's still good. It's going in the right direction...the other day you could get 1490 dinars for a dollar. It is now dropped down to 1485 dinars per dollar. Now I get it. Some people will bash it but you don't get it. It's going in the correct direction. If it goes in increments and it just chugs right along every week I'll take it. Seriously, as long as it's going in the right direction that's all that matters...
6-19-2021 Intel Guru Bruce [via WiserNow] However what we are supposed to get is supposed to be quite a bit better than that and should show up on a back screen – so my point is – tier 4B you need to ask for the higher rate than is showing on the screen - just making you aware of that – same is true for the Dong – so keep that in mind – So we...looking very good... it’s looking like we can actually see some light at the end of this tunnel... [post 2 of 2]
6-19-2021 Intel Guru Bruce [via WiserNow] what I am hearing is that Iraq wants to get their rate out and put it out internationally...on Saturday...out with an international rate...that...would show up on the Forex...We roughly know what the rate is going to be...It could very well be that the rate that they have created for us for tier 4B may be back on the back screen now – the front screen rate at the banks which will show up Monday morning after all new rates populate over the weekend either Saturday or Sunday – and we can see it at the banks – Sunday / Sunday night – By Monday morning they should all be there – the front screen rate may be the same – probably will be the same as the Forex rate – for the Dinar and the other currencies... [post 1 of 2....stay tuned]
6-19-2021 Intel Guru Fleming Once they notified the IMF, Iraq had 3 days, or 72 hours to put IQD, along with 22 currencies from other (IMF) approved Nation states, on FOREX. 72 hours, to publish these new currency rates live in banks, around the world, honored by the UST. Forex will post these new rates live for banks, currency exchange centers everywhere to access. Sunday the rates will lock in and go live...The currencies are going...live, on front bank screens with new rates posted Sunday night. Monday morning banks all over the world will have new rates that must be honored.
6-18-2021 Newshound Guru Pimpy Nobody knows the date. Nobody knows the rate. You can take a lot of information and take a pretty good educated guess at it but anybody telling you that they know for sure the date, they know for sure the rate or that the rate has changed or they have special connections, 800 numbers, back screens, military intelligence, special codes is full of shit. There's no redemption centers. There's no 800 numbers. It's a currency...you can take your Iraqi dinar to a legitimate currency exchange and exchange it for whatever the current rate is...
6-18-2021 Intel Guru Frank26 Since the Iranian Evil leaders decided to tell a lie about the exchange rate of the Iraqi dinar the CBI then decided to come out and tell the truth about the Iraqi currency - the truth about the Iraqi exchange rate. The CBI is now coming out in defense of its exchange rate. The CBI is now going to instill confidence to their currency by educating the citizens of Iraq. The CBI is now doing damage control that the Iranian politicians and money exchangers created in the last few weeks...the "confidence" that the CBI is now starting through the education...is the initial step to the citizens and to the world. This is how phase one is to start. It is in progress.
6-18-2021 Newshound Guru Adam Montana I've said many times that the Iraqi Dinar is about the fundamentals. The "fundamentals" are pretty simple...Iraq is owner to a majority of the "black gold" in the world, and we aren't going to stop utilizing said black gold anytime in the near or distant future, right? Anyone who thinks we are actually going to stop using oil is plain silly, to be honest.
6-18-2021 Newshound/Intel Guru Petra Electronically they're definitely showing they're Article VIII. They just need to do the final step and demonstrate their real sovereignty and that's the ability to hold and defend a currency at a rate that's internationally transacted. That's the last step. Now that they've demonstrated they can do this electronically...at the push of a button using an app they're good to go. We just need that small little thing called a rate...the heat is on.
6-18-2021 Intel Guru MarkZ [via PDK] ...right now my banking contacts are squarely looking at a release of funds on Monday...We have been here before with great expectations on a weekend. Try to deal with the ups and downs…but it does appear to be this close.
6-18-2021 Newshound Guru Pimpy Lot's of good news. The agreement was met [Between Baghdad and Kurdistan]. It's made, let's make sure their payments get there. International coalitions handed over a million dollars worth of weapons. This is great news. The dinar is gaining on the US dollar as far as its value is concerned. Great news. Japan is loaning out money for the Basra refinery to be done instead of China - that is great news. It's all looking good. All of these things are tied into what's going on over in Iraq as far as our currency is concerned. This is good news.
6-18-2021 Intel Guru Holly Everyone has been saying that the RV is set to release this week. Everyone. ...We have been all poised and ready for the notifications to come out. I know the only thing we have been waiting on is the value given to the currencies. That should have been completed yesterday. Let’s see what news comes out today.
6-18-2021 Intel Guru Frank26 Article: "Vietnam: Moody's raises HDBanks' credit rating outlook from stable to positive" Taken off currency manipulation list and now credit rating increase...
6-18-2021 Intel Guru Frank26 Since the Iranian Evil leaders decided to tell a lie about the exchange rate of the Iraqi dinar the CBI then decided to come out and tell the truth about the Iraqi currency - the truth about the Iraqi exchange rate. The CBI is now coming out in defense of its exchange rate. The CBI is now going to instill confidence to their currency by educating the citizens of Iraq. The CBI is now doing damage control that the Iranian politicians and money exchangers created in the last few weeks...the "confidence" that the CBI is now starting through the education...is the initial step to the citizens and to the world. This is how phase one is to start. It is in progress.
6-18-2021 Newshound Guru Adam Montana I've said many times that the Iraqi Dinar is about the fundamentals. The "fundamentals" are pretty simple...Iraq is owner to a majority of the "black gold" in the world, and we aren't going to stop utilizing said black gold anytime in the near or distant future, right? Anyone who thinks we are actually going to stop using oil is plain silly, to be honest.
6-18-2021 Newshound/Intel Guru Petra Electronically they're definitely showing they're Article VIII. They just need to do the final step and demonstrate their real sovereignty and that's the ability to hold and defend a currency at a rate that's internationally transacted. That's the last step. Now that they've demonstrated they can do this electronically...at the push of a button using an app they're good to go. We just need that small little thing called a rate...the heat is on.
6-18-2021 Intel Guru MarkZ [via PDK] ...right now my banking contacts are squarely looking at a release of funds on Monday...We have been here before with great expectations on a weekend. Try to deal with the ups and downs…but it does appear to be this close.
6-18-2021 Newshound Guru Pimpy Lot's of good news. The agreement was met [Between Baghdad and Kurdistan]. It's made, let's make sure their payments get there. International coalitions handed over a million dollars worth of weapons. This is great news. The dinar is gaining on the US dollar as far as its value is concerned. Great news. Japan is loaning out money for the Basra refinery to be done instead of China - that is great news. It's all looking good. All of these things are tied into what's going on over in Iraq as far as our currency is concerned. This is good news.
6-18-2021 Intel Guru Holly Everyone has been saying that the RV is set to release this week. Everyone. ...We have been all poised and ready for the notifications to come out. I know the only thing we have been waiting on is the value given to the currencies. That should have been completed yesterday. Let’s see what news comes out today.
6-18-2021 Intel Guru Frank26 Article: "Vietnam: Moody's raises HDBanks' credit rating outlook from stable to positive" Taken off currency manipulation list and now credit rating increase...
6-17-2021 Newshound Guru Pimpy Looks good you guys. We want outside investors in there. We see the Iraq dinar gaining against the dollar again. We see other countries eager to come in and invest. We see that things seem to have quieted down. They're very stable. These are all good positive news. That's what we wanted and that's what we got...
6-17-2021 Newshound/Intel Guru Petra The Finance Minister said, "the ministries is continuing to open up to the world to conclude the best relations. To open a new horizon of cooperation. To restore its rightful place among the nations of the world. It's continuing with global openness and concluding investor relations." Concluding. That's past tense. Finishing out. Whatever work they're doing internationally they're finishing up... essentially they're making a declaration that they're doing business, they're opening up, they want to be recognized as a sovereign country (which the G7 just did) and now they're saying they're opening up for business. It's a very very clear statement...
6-17-2021 Intel Guru Bruce [via WiserNow] I don’t usually do rates...I try to stay away from it – I will say this – If I told you what I knew the rates were - the ones that were on the screen – you would probably wouldn’t believe me anyway...we’re going to be fine – rates are the least of your worries...
6-17-2021 Intel Guru MarkZ [via PDK] We appear to be caught in a groundhog day today…lots of paymasters in place…lots of bankers in place…there is nothing negative... All the folks are still in place and redemption center folks are planning on being on call over the weekend…Last weekend they were not on call…so imo we are in a better spot now then we were then. I am hearing a lot of static/chatter from my Iraq and middle east contacts. This has drug out longer than they expected. They had expected things to already have rolled out there this week…they are pushing hard...I believe we are on top of this and awfully close.
6-17-2021 Intel Guru Frank26 Article: "A national campaign to support the Iraqi dinar." Yes indeed a new rate of 1 to 1 that they have been campaigning and talking about at the CBI is coming...pay close attention to the word that the governor of the CBI is using with citizens...he told you yesterday 'a campaign of education is now starting' and once again are those not my exact words...?
6-17-2021 Intel Guru Holly There has been great expectations for the RV to begin today. The day is young and we have to see if the final release did happen overnight. Just know we are in the end days as this is coming to a close. This can not go on much longer. All is being readied and prepared...We can clearly see the progress being made...
6-17-2021 Newshound Guru Pimpy Article: "After Barzani's announcement, a government source clarifies how to pay regions share of the budget" That's right. They finally came up with an agreement. It only took 13 years, 6 months, 27 hours, 72 minutes and 84 seconds to do this...they agreed to retro it all the way back to January. That makes sense...Here's the thing that's weird about this. They've done this before. Not that I'm trying to throw salt on this. This is good news. I like it. But last time they agreed on something, some of the political blocks got in the way. Let's hope that doesn't happen...I'm glad. They finally ironed out their differences and it looks like an agreement is there. Let's keep our fingers crossed. We'll know if it's real when Kurdistan says they received their money and all is well over in dinar land...
6-17-2021 Newshound/Intel Guru Petra The Finance Minister said, "the ministries is continuing to open up to the world to conclude the best relations. To open a new horizon of cooperation. To restore its rightful place among the nations of the world. It's continuing with global openness and concluding investor relations." Concluding. That's past tense. Finishing out. Whatever work they're doing internationally they're finishing up... essentially they're making a declaration that they're doing business, they're opening up, they want to be recognized as a sovereign country (which the G7 just did) and now they're saying they're opening up for business. It's a very very clear statement...
6-17-2021 Intel Guru Bruce [via WiserNow] I don’t usually do rates...I try to stay away from it – I will say this – If I told you what I knew the rates were - the ones that were on the screen – you would probably wouldn’t believe me anyway...we’re going to be fine – rates are the least of your worries...
6-17-2021 Intel Guru MarkZ [via PDK] We appear to be caught in a groundhog day today…lots of paymasters in place…lots of bankers in place…there is nothing negative... All the folks are still in place and redemption center folks are planning on being on call over the weekend…Last weekend they were not on call…so imo we are in a better spot now then we were then. I am hearing a lot of static/chatter from my Iraq and middle east contacts. This has drug out longer than they expected. They had expected things to already have rolled out there this week…they are pushing hard...I believe we are on top of this and awfully close.
6-17-2021 Intel Guru Frank26 Article: "A national campaign to support the Iraqi dinar." Yes indeed a new rate of 1 to 1 that they have been campaigning and talking about at the CBI is coming...pay close attention to the word that the governor of the CBI is using with citizens...he told you yesterday 'a campaign of education is now starting' and once again are those not my exact words...?
6-17-2021 Intel Guru Holly There has been great expectations for the RV to begin today. The day is young and we have to see if the final release did happen overnight. Just know we are in the end days as this is coming to a close. This can not go on much longer. All is being readied and prepared...We can clearly see the progress being made...
6-17-2021 Newshound Guru Pimpy Article: "After Barzani's announcement, a government source clarifies how to pay regions share of the budget" That's right. They finally came up with an agreement. It only took 13 years, 6 months, 27 hours, 72 minutes and 84 seconds to do this...they agreed to retro it all the way back to January. That makes sense...Here's the thing that's weird about this. They've done this before. Not that I'm trying to throw salt on this. This is good news. I like it. But last time they agreed on something, some of the political blocks got in the way. Let's hope that doesn't happen...I'm glad. They finally ironed out their differences and it looks like an agreement is there. Let's keep our fingers crossed. We'll know if it's real when Kurdistan says they received their money and all is well over in dinar land...
6-16-2021 Newshound Guru Pimpy Article: "The dollar exchange rates fell in Baghdad and the Kurdistan Region" What does this mean? Remember I always told you guys, think about the direction the dinar is going in. That's how you know if it's good or bad. It says the dollar exchange rates fall in Baghdad (And in Kurdistan ). That's a good thing when the dollar exchange rate, not the dinar, fall...that's what you want to see happen...the number of dinars you get for the U.S. dollar you want that to go down. The lower it goes the better it is for those holding onto dinar...you don't want it to go up, you want it to go down. If the numbers go up, it means it's being devalued...
6-16-2021 Intel Guru Bruce [via WiserNow] ...obviously we have a moving target...and obviously they were shooting for something and the target moved on us – AGAIN... everything is lined up and ready to go – funds have been in place – the new system is working flawlessly...I have been told by one banker...“This is the week”...we have a lot to look forward to...I think July 4th could be a real “Independence Day”...
6-16-2021 Intel Guru Holly The news is everyone is still saying, by the end of this week the final release and notifications should come out...Again, do not shoot the messenger if it does not happen this week. But everyone is saying the same thing...We can see the progress with Iraq and the news coming from them. Iraq made the 1st move with their rate December 20, 2020. Then 60 days later, Changed it again. That was February 20th, then again April 20th. Logically the next date is JUNE 20th! There is a pattern and Iraq is clearing their debt. They are article 8 compliant. They are ready and it seems the whole world is ready.
6-16-2021 Newshound/Intel Guru Petra We've got nothing to share. Nothing going on. It's kinda boring. NOT! :) ...The Group of Seven [G7]...it made a very clear statement. It said that the G7 supports the sovereignty and independence of Iraq. That's the largest, financially most profitable countries in the world recognizing the sovereignty and independence of Iraq. That to me is a very clear clear statement of how they feel and where they feel Iraq is at...
6-16-2021 Newshound/Intel Guru Walkingstick [via Frank26] There is a date...The economic reform date is the same as the monetary reform date...There is a date written in stone and it has not changed of when the new small category notes, of when the new exchange rate, is scheduled to be released. IMO that date gets closer and closer... although the process of the education has just started...it is the words and explanation of this education that will instill confidence not only in the dinar, not just in the citizens of Iraq, but in the monetary reform itself...
6-16-2021 Intel Guru MarkZ [via PDK] A number of paymasters are refusing to go back to the bank unless they are guaranteed the money …well, banks are guaranteeing the money so they will go back in today. We will be watching this closely. [What is a paymaster?] A paymaster is like a esgrow agent…but on a much larger scale. They are licensed…many are attorneys…they aggregate funds to distribute... Think of it as an attorney at a closing on real estate. The news from all the paymasters has been exceptionally good all around the world. Lots of talk about liquidity beginning today... This could be it…I hope so… buckle up…we are so painfully close...
6-16-2021 Intel Guru Frank26 IOO The CBI is coming out and they...started, what we call, 'promoting' the true exchange rate...the CBI is now starting the campaign...They are starting to promote the education of the monetary reform to the citizens and the world to put an end to the fluctuation in the market prices...The CBI is now making it clear not just to the citizens but to the whole international community that only the CBI has the authority to change the currency's rate...Based on the articles...you are now seeing the campaign.
6-16-2021 Intel Guru FootForward Article: "Iraq Trade Bank - External remittances (SWIFT)" Quote: "You can now transfer to all countries of the world through the application of banking services from the Iraqi Trade Bank..." Article: "Barzani announces that an agreement has been reached to receive the region’s dues in the budget with a “retroactive effect" " I would argue the news about Barizani is bigger then the swift thing. I understand you need to be international for the swift stuff. But you also need the kurds for the dinar to be worth much.
6-16-2021 Intel Guru Bruce [via WiserNow] ...obviously we have a moving target...and obviously they were shooting for something and the target moved on us – AGAIN... everything is lined up and ready to go – funds have been in place – the new system is working flawlessly...I have been told by one banker...“This is the week”...we have a lot to look forward to...I think July 4th could be a real “Independence Day”...
6-16-2021 Intel Guru Holly The news is everyone is still saying, by the end of this week the final release and notifications should come out...Again, do not shoot the messenger if it does not happen this week. But everyone is saying the same thing...We can see the progress with Iraq and the news coming from them. Iraq made the 1st move with their rate December 20, 2020. Then 60 days later, Changed it again. That was February 20th, then again April 20th. Logically the next date is JUNE 20th! There is a pattern and Iraq is clearing their debt. They are article 8 compliant. They are ready and it seems the whole world is ready.
6-16-2021 Newshound/Intel Guru Petra We've got nothing to share. Nothing going on. It's kinda boring. NOT! :) ...The Group of Seven [G7]...it made a very clear statement. It said that the G7 supports the sovereignty and independence of Iraq. That's the largest, financially most profitable countries in the world recognizing the sovereignty and independence of Iraq. That to me is a very clear clear statement of how they feel and where they feel Iraq is at...
6-16-2021 Newshound/Intel Guru Walkingstick [via Frank26] There is a date...The economic reform date is the same as the monetary reform date...There is a date written in stone and it has not changed of when the new small category notes, of when the new exchange rate, is scheduled to be released. IMO that date gets closer and closer... although the process of the education has just started...it is the words and explanation of this education that will instill confidence not only in the dinar, not just in the citizens of Iraq, but in the monetary reform itself...
6-16-2021 Intel Guru MarkZ [via PDK] A number of paymasters are refusing to go back to the bank unless they are guaranteed the money …well, banks are guaranteeing the money so they will go back in today. We will be watching this closely. [What is a paymaster?] A paymaster is like a esgrow agent…but on a much larger scale. They are licensed…many are attorneys…they aggregate funds to distribute... Think of it as an attorney at a closing on real estate. The news from all the paymasters has been exceptionally good all around the world. Lots of talk about liquidity beginning today... This could be it…I hope so… buckle up…we are so painfully close...
6-16-2021 Intel Guru Frank26 IOO The CBI is coming out and they...started, what we call, 'promoting' the true exchange rate...the CBI is now starting the campaign...They are starting to promote the education of the monetary reform to the citizens and the world to put an end to the fluctuation in the market prices...The CBI is now making it clear not just to the citizens but to the whole international community that only the CBI has the authority to change the currency's rate...Based on the articles...you are now seeing the campaign.
6-16-2021 Intel Guru FootForward Article: "Iraq Trade Bank - External remittances (SWIFT)" Quote: "You can now transfer to all countries of the world through the application of banking services from the Iraqi Trade Bank..." Article: "Barzani announces that an agreement has been reached to receive the region’s dues in the budget with a “retroactive effect" " I would argue the news about Barizani is bigger then the swift thing. I understand you need to be international for the swift stuff. But you also need the kurds for the dinar to be worth much.
6-15-2021 Newshound Guru MilitiaMan Article quote: "Kurdistan’s Prime Minister, Masrour Barzani announced, on Tuesday, that an agreement had been reached with Baghdad on the Region's share of the federal budget." ...the Kurds have a deal that is retro active. That deal is very timely... Kahdimi wouldn't agree until he was ready for the when, hence the talk of suing yesterday seems to have stimulated things along... That... deal is coming out and quickly, imo... I can't imagine the Kurds being quiet about it anymore... There is a deal and deals in digital currency can move fast... imo...We are in a very good place.
6-15-2021 Intel Guru RayRen98 Iraqi news is broadcasting that agreements have been met within Baghdad to allow funding from the budget to Kurdistan. The budget-based payments are stated to be retroactive back to January of this year. (Could this be the "last stitch" needed to "sew this up" and move onward?) Even though several bank sources are projecting to be exchanging us by the end of this week, other intel sources are focused on "by the end of this month." Time Will Tell!!
6-15-2021 Newshound Guru Pimpy Article: "The dollar is falling with the closure of Baghdad markets" They're starting to lose their trust in the U.S. dollar. It's something I thought would never happen...I never thought it was possible...we know that the dollar continued to gain over and over on the Iraqi dinar. Iraq had to take some steps...to keep that from happening...and it appears they've done a great job. The dinar appears to be gaining so far. It's just a minor step but it's still a good step...So instead of you getting 1550 for every dollar, it's back down to 1490 and it's going to continue to drop. Let's hope so. It seems to be going in the right direction. That's what we want.
6-15-2021 Newshound/Intel Guru Petra What is the end game? If you look at the challenges Iraq is having now in regards to the Kurds and they're threatening a lawsuit. The governance is looking for their HCL money. The countries that are just waiting to invest in Iraq. We're down to a single move. Once that single move occurs all of this stuff goes away. The Kurds aren't going to sue if they get their monies...All of this goes away at the change of a rate...they've done everything...They're ready to go. They just need the rate...
6-15-2021 Intel Guru Frank26 [Community member bank story continued] Member: Yes they did. It was very business like and well done. They didn't say it was a scam or anything... Frank: Canada, you now know the bank that will be exchanging the Iraqi dinar. I find it interesting that that bank was saying no and now they're saying yes. IMO I think it's because banks are a little more savvy because the World Bank has been talking to the BIS and have been talking to many central banks. When's the last time you've had Wells Fargo say, 'No, it's a scam!' No. I don't hear that anymore...anyone who treated me like an imbecile all these years will never get my business... [post 2 of 2]
6-15-2021 Intel Guru Frank26 [Community member bank story] Member: I was talking to the Nova Scotia Bank and I asked it they'd be doing currency exchanges for foreign currency. They said yes. They even looked up the rate and told me what it was at the time. I was really excited. Frank: Did you specifically say the Iraqi dinar or did you just say foreign currencies? Member: They asked me what currencies and I told them the Iraqi dinar and dong. Frank: So Nova Scotia Bank in Canada is telling you they will do exchange with the Iraqi dinar whenever you want, right? Member: Yep, that's right. Frank: ...it's interesting to see that Nova Scotia is talking to you very comfortably. They are not being paranoid, 'Oh, we don't know anything. It's a scam. We don't do the dinar.' No. They treated you very business like didn't they? [post 1 of 2....stay tuned]
6-15-2021 Intel Guru MarkZ [via PDK] All of my banking contacts right now are prepared and looking for permission to distribute funds...My best banking contact returns back to his bank about 1 or 2 this afternoon, so hopefully this evening I will have a better update…. If its anything pressing …If it looks like it could occur before tomorrow morning I will come back in and will let you all know.
6-15-2021 Intel Guru Holly Thursday RV News: The news yesterday has been positive for the end of this week for notifications...As we know this is a fluid event and it changes as issues arise. Never get locked in on a date but see the events that happen to mark the progress...Never, ever give up.
6-15-2021 Newshound/Intel Guru RVAlready This Week!!! This Week!!! This Week!!! Finish line coming up!!!
6-15-2021 Intel Guru RayRen98 Iraqi news is broadcasting that agreements have been met within Baghdad to allow funding from the budget to Kurdistan. The budget-based payments are stated to be retroactive back to January of this year. (Could this be the "last stitch" needed to "sew this up" and move onward?) Even though several bank sources are projecting to be exchanging us by the end of this week, other intel sources are focused on "by the end of this month." Time Will Tell!!
6-15-2021 Newshound Guru Pimpy Article: "The dollar is falling with the closure of Baghdad markets" They're starting to lose their trust in the U.S. dollar. It's something I thought would never happen...I never thought it was possible...we know that the dollar continued to gain over and over on the Iraqi dinar. Iraq had to take some steps...to keep that from happening...and it appears they've done a great job. The dinar appears to be gaining so far. It's just a minor step but it's still a good step...So instead of you getting 1550 for every dollar, it's back down to 1490 and it's going to continue to drop. Let's hope so. It seems to be going in the right direction. That's what we want.
6-15-2021 Newshound/Intel Guru Petra What is the end game? If you look at the challenges Iraq is having now in regards to the Kurds and they're threatening a lawsuit. The governance is looking for their HCL money. The countries that are just waiting to invest in Iraq. We're down to a single move. Once that single move occurs all of this stuff goes away. The Kurds aren't going to sue if they get their monies...All of this goes away at the change of a rate...they've done everything...They're ready to go. They just need the rate...
6-15-2021 Intel Guru Frank26 [Community member bank story continued] Member: Yes they did. It was very business like and well done. They didn't say it was a scam or anything... Frank: Canada, you now know the bank that will be exchanging the Iraqi dinar. I find it interesting that that bank was saying no and now they're saying yes. IMO I think it's because banks are a little more savvy because the World Bank has been talking to the BIS and have been talking to many central banks. When's the last time you've had Wells Fargo say, 'No, it's a scam!' No. I don't hear that anymore...anyone who treated me like an imbecile all these years will never get my business... [post 2 of 2]
6-15-2021 Intel Guru Frank26 [Community member bank story] Member: I was talking to the Nova Scotia Bank and I asked it they'd be doing currency exchanges for foreign currency. They said yes. They even looked up the rate and told me what it was at the time. I was really excited. Frank: Did you specifically say the Iraqi dinar or did you just say foreign currencies? Member: They asked me what currencies and I told them the Iraqi dinar and dong. Frank: So Nova Scotia Bank in Canada is telling you they will do exchange with the Iraqi dinar whenever you want, right? Member: Yep, that's right. Frank: ...it's interesting to see that Nova Scotia is talking to you very comfortably. They are not being paranoid, 'Oh, we don't know anything. It's a scam. We don't do the dinar.' No. They treated you very business like didn't they? [post 1 of 2....stay tuned]
6-15-2021 Intel Guru MarkZ [via PDK] All of my banking contacts right now are prepared and looking for permission to distribute funds...My best banking contact returns back to his bank about 1 or 2 this afternoon, so hopefully this evening I will have a better update…. If its anything pressing …If it looks like it could occur before tomorrow morning I will come back in and will let you all know.
6-15-2021 Intel Guru Holly Thursday RV News: The news yesterday has been positive for the end of this week for notifications...As we know this is a fluid event and it changes as issues arise. Never get locked in on a date but see the events that happen to mark the progress...Never, ever give up.
6-15-2021 Newshound/Intel Guru RVAlready This Week!!! This Week!!! This Week!!! Finish line coming up!!!
6-14-2021 Newshound Guru Pimpy Article: "Parliament hosts the governor of the central and the Finance Committee talks about sales in violation of the dollar and beneficiary parties" Here we go. We're starting to get into investigations regarding the exchange rate...this is the people's money - what the hell are you guys doing with it?
6-14-2021 Intel Guru MarkZ We heard fantastic stuff over the weekend. Bankers were working…even bankers working in Europe on a Sunday…. Can I tell you how rare that is! Exceptionally rare and unusual. Noone staffed at Redemption centers over the weekend but they are ratcheting it up for something this week...What we have been looking for…you know…the event. I am hearing very good things for this week...The news is fantastic and they appear to be positioning for this week. We hope this pans out.
6-14-2021 Intel Guru Holly The long awaited release I am hearing from many sources will in fact be this week. I do not like to put any dates on that as things continually change. I am just a messenger and sharing what I hear. So please do not crucify the messenger if It does not happen this week. All reports from all is this is boom week for everything...I expect to see things mid to later week.
6-14-2021 Intel Guru Frank26 We had the World Bank literally three days in a row come out and say lift the value. Then we had money exchangers in the markets saying, 'Hey the CBI is lowering the value.' Ladies and gentleman who do you choose to believe? ...Thousands of money exchangers are being shut down right now. You're going to find that out real soon. The problem is - the money exchangers, who owns them? The answer is the politicians in parliament. That is actually a conflict of interest isn't it...
6-14-2021 Newshound Guru Pimpy Article: "The central bank denies the intention to raise the dollar" Let me remind you what we're looking for. We don't want them to increase the number of dinars we get for every U.S. dollar. That's bad. This is going in the wrong direction. We want them to decrease the amount of dinars you can get for every one of our dollars...the bigger the dollar of dinars - bad. We want them to shrink until they get to the other side of the dollar, then increase... [Example: 1450 to 1 USD , 1200 to 1 USD , 1000 to 1 USD, 500 to 1 USD , 100 to 1 USD, 10 to 1 USD , 2 to 1 USD, 1 to 1 USD, .5 to 1 USD (this equals 1 IQD for $2 ), .3 to 1 USD (This equals to 1 IQD for $3.33 )]
6-14-2021 Newshound Guru Clare Article: "A group of unions and federations announces the launch of a national campaign to support the Iraqi dinar" Quote: "...the launch of a national campaign to support the national currency and the economy and increase the citizen’s confidence in the dinar..." WOW!!!…WHO TOLD US A “MASSIVE CAMPAIGN” WOULD BEGIN FOR THE CITIZENS…. YEP!! [Gurus] WALKINGSTICK & FRANK26 DID!!! WHAT ELSE DID THEY TELL US? - THEY HAVE A DATE!!! IT IS ALMOST HERE. imo.
6-14-2021 Intel Guru MarkZ We heard fantastic stuff over the weekend. Bankers were working…even bankers working in Europe on a Sunday…. Can I tell you how rare that is! Exceptionally rare and unusual. Noone staffed at Redemption centers over the weekend but they are ratcheting it up for something this week...What we have been looking for…you know…the event. I am hearing very good things for this week...The news is fantastic and they appear to be positioning for this week. We hope this pans out.
6-14-2021 Intel Guru Holly The long awaited release I am hearing from many sources will in fact be this week. I do not like to put any dates on that as things continually change. I am just a messenger and sharing what I hear. So please do not crucify the messenger if It does not happen this week. All reports from all is this is boom week for everything...I expect to see things mid to later week.
6-14-2021 Intel Guru Frank26 We had the World Bank literally three days in a row come out and say lift the value. Then we had money exchangers in the markets saying, 'Hey the CBI is lowering the value.' Ladies and gentleman who do you choose to believe? ...Thousands of money exchangers are being shut down right now. You're going to find that out real soon. The problem is - the money exchangers, who owns them? The answer is the politicians in parliament. That is actually a conflict of interest isn't it...
6-14-2021 Newshound Guru Pimpy Article: "The central bank denies the intention to raise the dollar" Let me remind you what we're looking for. We don't want them to increase the number of dinars we get for every U.S. dollar. That's bad. This is going in the wrong direction. We want them to decrease the amount of dinars you can get for every one of our dollars...the bigger the dollar of dinars - bad. We want them to shrink until they get to the other side of the dollar, then increase... [Example: 1450 to 1 USD , 1200 to 1 USD , 1000 to 1 USD, 500 to 1 USD , 100 to 1 USD, 10 to 1 USD , 2 to 1 USD, 1 to 1 USD, .5 to 1 USD (this equals 1 IQD for $2 ), .3 to 1 USD (This equals to 1 IQD for $3.33 )]
6-14-2021 Newshound Guru Clare Article: "A group of unions and federations announces the launch of a national campaign to support the Iraqi dinar" Quote: "...the launch of a national campaign to support the national currency and the economy and increase the citizen’s confidence in the dinar..." WOW!!!…WHO TOLD US A “MASSIVE CAMPAIGN” WOULD BEGIN FOR THE CITIZENS…. YEP!! [Gurus] WALKINGSTICK & FRANK26 DID!!! WHAT ELSE DID THEY TELL US? - THEY HAVE A DATE!!! IT IS ALMOST HERE. imo.
6-13-2021 Newshound Guru Pimpy Remember we saw an article...it told us what? This would be the exchange rate for the next three year. This article appears to say something totally different. Article "Parliament: The Exchange rate of the dollar against the dinar will be fixed for at least a year" So it went from three yeas to at least a year. I told you it ain't gonna take three years. We saw their budget for $45 a barrel of oil and it's up to $72...it wiped out the deficit. Good. That's what we want and now they have a surplus of funds and they're able to invest in other projects...so it went from 3 years to a year. Very interesting...
6-13-2021 Intel/Newshound Guru Frank26 Article: "A group of unions and federations announces the launch of a national campaign to support the Iraqi dinar" The CBI is now doing the campaign exactly as we told you it would come out therefore, in my opinion the rate is either with this campaign or follows just shortly after...as everything and everyone waits for the CBI governor to announce a new exchange rate for a new small category note, Introducing a reinstatement of their currency... the RI ...SMILE...Make sure you praise God today and thank you for what you are about to become...I may have pain in my body but soon family you will have gain in your hands...
6-13-2021 Intel Guru MarkZ [via PDK] the biggest thing to remember when you look at these currencies …we get our reset then everything moves into parity ..when you look at currencies now and see a large discrepancy between values…keep in mind they are shooting towards a 1 to 1. That to me using common sense tells me that it has good potential.
6-13-2021 Newshound Guru Pimpy There really has been a lot of talk about the rate change - not just by so-called gurus but in the news. Very interesting. Very very interesting that once again this topic is being brought up. You have a group of people not happy about the change that took place in the first place - saying that they should not have devalued the Iraqi dinar against the U.S. dollar...I know they said, 'we're gonna keep the same rate for 3 year.' Will they do that? There's always a good chance they might do that...
6-13-2021 Newshound Guru Jeff The first one is the parliamentary finance committee [the second a GOI advisor]. That's NOT the CBI! ...they made a key statement here. Quote: "Cougar said, "changing the exchange rate is the responsibility of the Central Bank." No body else. The CBI... only the CBI has anything to do with the value of Iraq's currency/changing the rate...This general daily news suggests to you Iraq might change the rate next year when they implement the economic White Paper reforms...none of this news is from the CBI. With that said none of this news holds any credibility. [post 2 of 2]
6-13-2021 Newshound Guru Jeff Article: "Parliament: The exchange rate of the dollar against the dinar will be fixed for at least a year". Article: "Al-Kazemi's advisor reveals the details of the first economic reform program in Iraq and its launch date". Quote: "Starting in the years 2022-32 it'll be the first development decade for Iraq..." They're going to launch the white paper reforms in 2022...Based on general daily news they're probably planning to change the rate next year when they implement the 'White Paper' reforms. But...let's look at the sources of these articles... [post 1 of 2....stay tuned]
6-13-2021 Intel Guru Frank26 Everyone knows. Everyone is talking about the exchange rate. Not just the citizens of Iraq but in many countries...the talk is all over the place about the exchange rate needing to go up in value...from the CBI to Iraq to the World Bank and many others are pointing the finger at the CBI and telling them, 'Raise the value of your currency.' The only one pointing their finger at the CBI and Kazemi and telling them to decrease the value of their currency is Iran and the Parliament of Iraq but they are a minority...they are but a drop of water inside of an ocean. The talk is opposite all over the Middle East. They are implementing a new 'mechanism' which is a new exchange rate...
6-13-2021 Newshound Guru MilitiaMan Why is the world Bank so giving now? "With regard to the role of the World Bank in improving Iraq’s economy, Numan stated that “the Bank is working with the Government of Iraq to implement the reform items that it has drawn up, and we are working through all our projects to approach the economic crises that we have previously identified, and all the projects we undertake are within the framework of supporting the paper White reform. He pointed out that "Iraq has drawn up a policy to improve the country's economic reality by adhering to the reform white paper approved by the Council of Ministers, and work has begun to implement its contents."…. There you go. They are implementing the WPs [White Papers]…
6-13-2021 Intel/Newshound Guru Frank26 Article: "A group of unions and federations announces the launch of a national campaign to support the Iraqi dinar" The CBI is now doing the campaign exactly as we told you it would come out therefore, in my opinion the rate is either with this campaign or follows just shortly after...as everything and everyone waits for the CBI governor to announce a new exchange rate for a new small category note, Introducing a reinstatement of their currency... the RI ...SMILE...Make sure you praise God today and thank you for what you are about to become...I may have pain in my body but soon family you will have gain in your hands...
6-13-2021 Intel Guru MarkZ [via PDK] the biggest thing to remember when you look at these currencies …we get our reset then everything moves into parity ..when you look at currencies now and see a large discrepancy between values…keep in mind they are shooting towards a 1 to 1. That to me using common sense tells me that it has good potential.
6-13-2021 Newshound Guru Pimpy There really has been a lot of talk about the rate change - not just by so-called gurus but in the news. Very interesting. Very very interesting that once again this topic is being brought up. You have a group of people not happy about the change that took place in the first place - saying that they should not have devalued the Iraqi dinar against the U.S. dollar...I know they said, 'we're gonna keep the same rate for 3 year.' Will they do that? There's always a good chance they might do that...
6-13-2021 Newshound Guru Jeff The first one is the parliamentary finance committee [the second a GOI advisor]. That's NOT the CBI! ...they made a key statement here. Quote: "Cougar said, "changing the exchange rate is the responsibility of the Central Bank." No body else. The CBI... only the CBI has anything to do with the value of Iraq's currency/changing the rate...This general daily news suggests to you Iraq might change the rate next year when they implement the economic White Paper reforms...none of this news is from the CBI. With that said none of this news holds any credibility. [post 2 of 2]
6-13-2021 Newshound Guru Jeff Article: "Parliament: The exchange rate of the dollar against the dinar will be fixed for at least a year". Article: "Al-Kazemi's advisor reveals the details of the first economic reform program in Iraq and its launch date". Quote: "Starting in the years 2022-32 it'll be the first development decade for Iraq..." They're going to launch the white paper reforms in 2022...Based on general daily news they're probably planning to change the rate next year when they implement the 'White Paper' reforms. But...let's look at the sources of these articles... [post 1 of 2....stay tuned]
6-13-2021 Intel Guru Frank26 Everyone knows. Everyone is talking about the exchange rate. Not just the citizens of Iraq but in many countries...the talk is all over the place about the exchange rate needing to go up in value...from the CBI to Iraq to the World Bank and many others are pointing the finger at the CBI and telling them, 'Raise the value of your currency.' The only one pointing their finger at the CBI and Kazemi and telling them to decrease the value of their currency is Iran and the Parliament of Iraq but they are a minority...they are but a drop of water inside of an ocean. The talk is opposite all over the Middle East. They are implementing a new 'mechanism' which is a new exchange rate...
6-13-2021 Newshound Guru MilitiaMan Why is the world Bank so giving now? "With regard to the role of the World Bank in improving Iraq’s economy, Numan stated that “the Bank is working with the Government of Iraq to implement the reform items that it has drawn up, and we are working through all our projects to approach the economic crises that we have previously identified, and all the projects we undertake are within the framework of supporting the paper White reform. He pointed out that "Iraq has drawn up a policy to improve the country's economic reality by adhering to the reform white paper approved by the Council of Ministers, and work has begun to implement its contents."…. There you go. They are implementing the WPs [White Papers]…
6-12-2021 Intel Guru Bruce [via WiserNow] I believe President Trump will get his birthday wish which was to get us started by his birthday which is Monday June 14th - so Happy Birthday President Trump and thank you for your effort in getting this put underway...
6-12-2021 Newshound Guru Pimpy Article: "The Central Bank of Iraq takes step that may contribute to the decrease in the price of the dollar." This is good. Supply and demand. The more money [U.S. Dollars] they put out there to sell...the less value they have. This increase in sales is good for the dinar...we like this. Heck yeah we do! The more we can strengthen and support the dinar - Whatever they need to do. All of these contribute one way or another...
6-12-2021 Intel Guru Holly ...Some days we struggle to still believe the RV is real and will happen. It is happening and is just a very, very slow roll out.
6-12-2021 Newshound/Intel Guru Mnt Goat We all should know by now that the rate of the CBI is an in-country rate only and the IQD is not yet on FOREX...It is NOT yet activated on FOREX! ...Next, I want to say that the fluctuating rate of the dinar in Iraq demonstrates to us once again that the rate is being manipulated. It is artificially restrained from the realizing the real value. It is being held back. This is being done for purposes. The CBI has a plan it is carrying out...hang tight. This investment will be well worth it. It is not as far off as you think, not just now.
6-12-2021 Intel Guru Frank26 the flow is already flowing IMO when you see the World Bank tell the CBI 'Raise the value.' - When you see the CBI come out and tell the money exchangers, 'We're in charge of the exchange rate not you. Stop it!' - When you see that the international world is pouring in, today Visa and American Express...That screams Article VIII doesn't it? Of course it does. But we still await the announcement from the CBI.
6-12-2021 Newshound Guru Pimpy Article: "The Central bank sells the highest amount of dollars since the exchange rate change" That's good news...if they're starting to part more with the US dollar they're starting to regain a little faith in the currency - possibly...if they want to increase the value of the dinars vs US dollars this is one way to do it - flood the markets with US dollars.
6-12-2021 Intel Guru MarkZ [via PDK] On the tech front - we are still being told that we have a “acceptable level of rollout” and they will pull the trigger at this point and clean up all the little glitches as they pop up. I do have a number of Asian contacts – Hong Kong banking sources that are now under a NDA. I don’t know if they now have money…under the NDA they will not discuss any details. I think this is a very positive piece of news as well. Many people are on the same page today. Could this be it? It could be…Buckle up.
6-12-2021 Newshound Guru Pimpy Article: "The Central Bank of Iraq takes step that may contribute to the decrease in the price of the dollar." This is good. Supply and demand. The more money [U.S. Dollars] they put out there to sell...the less value they have. This increase in sales is good for the dinar...we like this. Heck yeah we do! The more we can strengthen and support the dinar - Whatever they need to do. All of these contribute one way or another...
6-12-2021 Intel Guru Holly ...Some days we struggle to still believe the RV is real and will happen. It is happening and is just a very, very slow roll out.
6-12-2021 Newshound/Intel Guru Mnt Goat We all should know by now that the rate of the CBI is an in-country rate only and the IQD is not yet on FOREX...It is NOT yet activated on FOREX! ...Next, I want to say that the fluctuating rate of the dinar in Iraq demonstrates to us once again that the rate is being manipulated. It is artificially restrained from the realizing the real value. It is being held back. This is being done for purposes. The CBI has a plan it is carrying out...hang tight. This investment will be well worth it. It is not as far off as you think, not just now.
6-12-2021 Intel Guru Frank26 the flow is already flowing IMO when you see the World Bank tell the CBI 'Raise the value.' - When you see the CBI come out and tell the money exchangers, 'We're in charge of the exchange rate not you. Stop it!' - When you see that the international world is pouring in, today Visa and American Express...That screams Article VIII doesn't it? Of course it does. But we still await the announcement from the CBI.
6-12-2021 Newshound Guru Pimpy Article: "The Central bank sells the highest amount of dollars since the exchange rate change" That's good news...if they're starting to part more with the US dollar they're starting to regain a little faith in the currency - possibly...if they want to increase the value of the dinars vs US dollars this is one way to do it - flood the markets with US dollars.
6-12-2021 Intel Guru MarkZ [via PDK] On the tech front - we are still being told that we have a “acceptable level of rollout” and they will pull the trigger at this point and clean up all the little glitches as they pop up. I do have a number of Asian contacts – Hong Kong banking sources that are now under a NDA. I don’t know if they now have money…under the NDA they will not discuss any details. I think this is a very positive piece of news as well. Many people are on the same page today. Could this be it? It could be…Buckle up.
6-10-2021 *** Dinar Guru Update *** As pointed out by community member and Honorary Guest Guru Ron, the dinar dropped out of compliance with the IMF's 2% rule on 5/26/2021. The IMF requires the Central Bank of Iraq's official rate and market rate to stay within 2% of each other for 90 days to qualify for Article VIII. Stay tuned as the guru chime in on the impact, if any, this has on a rate change and the likely hood of additional banks dealing in dinar. You can always see the CBI official rate and market rate in the left column of this page along with their IMF 2% rule status. Let's thank Guru Kaperoni for finding the IMF rule all those years ago and special thanks to Honorary Guest Guru Ron for pointing out the latest noncompliance. The latest guru posts will continue below...
6-11-2021 Intel Guru Bruce [via WiserNow] ...we got some good high quality information today...imagine a conference call...between banks globally...about 7 hours conference call...do you think they might have discussed some things relative to our start? And relative to the beginning of us doing our exchanges...? The answer is an overwhelming “yes”... we do believe that we are finally to satisfy the World Court by getting us started...and have our appointments set - we could set them...[Friday] – Saturday...but I don’t believe we will go before Monday – anything is possible – so we’ll see – but I know they really wanted this to go this week for us...that was the order of the court to have that done this week – and I believe we are going to make it – barely – but we should make it...by getting notified [Friday] and or Saturday that is enough – evidently to satisfy what the court order is – so we’ll see...So I am very excited to get this news today...
6-11-2021 Newshound/Intel Gurus Walkingstick & Frank26 It is fair to say IMO that the new exchange rate that is soon to come out is a 'mechanism'...the CBI is right now exposing the monetary reform. IOO the reason why is because...a date for the new exchange rate is getting closer.
6-11-2021 Intel Guru Frank26 The World Bank was given the 'White Papers'...the World Bank is telling a truth not a rumor. IMO the CBI now has the means to raise the value. The obvious has been stated by the World Bank that the CBI now has the means to raise the value of their currency... Where did the 'White Papers' come from? Kazemi and Ghaleb [CBI Governor]. What do the white papers contain? IMO they contain the new exchange rate that is written in stone...
6-11-2021 Intel Guru MarkZ [via PDK] Snake [Guru Texas Snake] just sent a message: “...Just as a heads up - my banker called with some very positive news for the coming week” I am getting the same thing. We hope its accurate. This is what I was getting overnight. I am hearing they... will move forward with the bond payments on Monday with us in tier 4b going on Tuesday. We have been here before so I hope its accurate…moderate your expectations. But they sound very positive.
6-11-2021 Newshound Guru Pimpy There has been a lot of talk about the Iraqi dinar. I know there has. The rate change as well. This isn't hard to figure out....you don't have a stable country nobody's going to have faith in your dollar...let's keep our fingers crossed things settle down...there are other factors outside of an RV or an RI to play a part in the rise of the value of the dinar...
6-11-2021 Newshound/Intel Gurus Walkingstick & Frank26 It is fair to say IMO that the new exchange rate that is soon to come out is a 'mechanism'...the CBI is right now exposing the monetary reform. IOO the reason why is because...a date for the new exchange rate is getting closer.
6-11-2021 Intel Guru Frank26 The World Bank was given the 'White Papers'...the World Bank is telling a truth not a rumor. IMO the CBI now has the means to raise the value. The obvious has been stated by the World Bank that the CBI now has the means to raise the value of their currency... Where did the 'White Papers' come from? Kazemi and Ghaleb [CBI Governor]. What do the white papers contain? IMO they contain the new exchange rate that is written in stone...
6-11-2021 Intel Guru MarkZ [via PDK] Snake [Guru Texas Snake] just sent a message: “...Just as a heads up - my banker called with some very positive news for the coming week” I am getting the same thing. We hope its accurate. This is what I was getting overnight. I am hearing they... will move forward with the bond payments on Monday with us in tier 4b going on Tuesday. We have been here before so I hope its accurate…moderate your expectations. But they sound very positive.
6-11-2021 Newshound Guru Pimpy There has been a lot of talk about the Iraqi dinar. I know there has. The rate change as well. This isn't hard to figure out....you don't have a stable country nobody's going to have faith in your dollar...let's keep our fingers crossed things settle down...there are other factors outside of an RV or an RI to play a part in the rise of the value of the dinar...
6-10-2021 Intel Guru MarkZ [via PDK] [...the new banking system is not fully functional…but they are working hard to fine tune it.] I agree...and think this has been the largest part of our delay at this point. They attempted on June 1st to change banking software around the world. It did not work well…it was too big of a technological leap to mesh with the older equipment. I am told they have made tremendous progress and are close enough to pull the trigger now.
6-10-2021 Newshound Guru Kaperoni One of the most frustrating things is to watch the Central Bank of Iraq and its new governor learn the procedures they need to maintain the exchange rate. This seems to happen every time they get a new governor. Maintaining the spread is a balance between dinars in dollars. The CBI needs to make sure that they are fully liberalized to provide that foreign currency per IMF guidelines. It's also a catch-22 of sorts because they don't want to just spend all of their reserves to fulfill the demand when the majority of the demand are people manipulating the system for profit. The solution is to curb this corruption not reduce the foreign exchange. But Iraq seems to have an inability to do so. As a result we see the foreign exchange at the auctions continually going up. And when they reduce the currency available then the spread begins to climb.
6-10-2021 Newshound/Intel Guru Walkingstick [via Frank26] I want you to notice something. These terms 'implementing a new mechanism' are being used for everything that's needing a new exchange rate. They are implementing a new mechanism...You know them all - the salaries, the budget, the HCL, the farmers, the white papers.
6-10-2021 Intel Guru MarkZ [via PDK] ...there is a lot of chatter about today through the 14th. All I can say is buckle up. I think we are right here at the end. And this has been difficult for all of us. Stay hopeful…we are in a great spot...At this point I believe we just need somebody to press the button.
6-10-2021 Newshound Guru Pimpy Article: "Dollar price close at 150 thousand dinars in Baghdad" For every dollar you get 1500 dinars. It's going in the wrong direction. This means people are losing faith in the dinar and they're getting away from it by grabbing US dollars. You don't want that to happen. You want people to stay confident in their currency. The government is going to have to do something about that and I think we're going to see that real quick.
6-10-2021 Intel Guru Frank26 Kazimi and Ghaleb are in cahoots. They are on the same floor. They are standing on the same terra firma. They understand exactly what they are doing with their reforms. One of them is in charge of one reform. And the other one is in charge of the other reform but ironically enough one reform can't be launched without the other reform going first or simultaneously. Ghaleb and Kazimi are in deep conversations with the Fab 4...they meet everyday...right now the topics they are having...are hot on the economic and monetary reforms...
6-10-2021 Intel Guru Bruce ...you know I don’t go into rates – don’t go into detail – I just tell you they are still very strong – better than we ever thought they would be...
6-10-2021 Newshound Guru Kaperoni One of the most frustrating things is to watch the Central Bank of Iraq and its new governor learn the procedures they need to maintain the exchange rate. This seems to happen every time they get a new governor. Maintaining the spread is a balance between dinars in dollars. The CBI needs to make sure that they are fully liberalized to provide that foreign currency per IMF guidelines. It's also a catch-22 of sorts because they don't want to just spend all of their reserves to fulfill the demand when the majority of the demand are people manipulating the system for profit. The solution is to curb this corruption not reduce the foreign exchange. But Iraq seems to have an inability to do so. As a result we see the foreign exchange at the auctions continually going up. And when they reduce the currency available then the spread begins to climb.
6-10-2021 Newshound/Intel Guru Walkingstick [via Frank26] I want you to notice something. These terms 'implementing a new mechanism' are being used for everything that's needing a new exchange rate. They are implementing a new mechanism...You know them all - the salaries, the budget, the HCL, the farmers, the white papers.
6-10-2021 Intel Guru MarkZ [via PDK] ...there is a lot of chatter about today through the 14th. All I can say is buckle up. I think we are right here at the end. And this has been difficult for all of us. Stay hopeful…we are in a great spot...At this point I believe we just need somebody to press the button.
6-10-2021 Newshound Guru Pimpy Article: "Dollar price close at 150 thousand dinars in Baghdad" For every dollar you get 1500 dinars. It's going in the wrong direction. This means people are losing faith in the dinar and they're getting away from it by grabbing US dollars. You don't want that to happen. You want people to stay confident in their currency. The government is going to have to do something about that and I think we're going to see that real quick.
6-10-2021 Intel Guru Frank26 Kazimi and Ghaleb are in cahoots. They are on the same floor. They are standing on the same terra firma. They understand exactly what they are doing with their reforms. One of them is in charge of one reform. And the other one is in charge of the other reform but ironically enough one reform can't be launched without the other reform going first or simultaneously. Ghaleb and Kazimi are in deep conversations with the Fab 4...they meet everyday...right now the topics they are having...are hot on the economic and monetary reforms...
6-10-2021 Intel Guru Bruce ...you know I don’t go into rates – don’t go into detail – I just tell you they are still very strong – better than we ever thought they would be...
6-9-2021 Newshound/Intel Guru Mnt Goat Article: "PARLIAMENTARY ECONOMY: THE STREET WILL EXPLODE IN THE FACE OF THE GOVERNMENT IF THE DOLLAR CONTINUES TO RISE" Quote: "...the Iraqi market has been witnessing great confusion for days due to the instability of the dollar exchange rate..." ...How long will this devaluation continue? When will they finally delete the zeros and issue the lower denominations? When will they realize this is part of the problem and holding them back.
6-9-2021 Intel Guru Bruce ...It has been fairly quiet – it is still quiet coming from the banks - and redemption centers... Now one really good source was indicating that we could get notified tomorrow [Wednesday] afternoon or Thursday morning - a later source told us everything is looking good for Thursday – for notifications...Thursday is looking very strong...
6-9-2021 Newshound Guru Pimpy Do I think the rate is going to stay where it's at? Hell no it's not. Not for no damn three years. Is it possible? Of course it is but I don't see it.
6-9-2021 Intel Guru MarkZ [via PDK] ...in Iraq we have seen a number of articles this week that said they need to adjust their value…it is now up to them according to the world bank. So we are waiting for a shoe to drop and we don’t know what that shoe is. We are waiting for a flip or the switch... I had hoped that by this morning I would be wearing the RV shirt with the golden egg on the front based on conversations I had...yesterday. I am hitting a stone wall…not getting responses so it could be underway and we just don’t know it yet…right now I am getting dead silence from all my contacts. I am reaching out- no one is responding...I’m going to take this as a great sign.
6-9-2021 Newshound/Intel Guru Walkingstick [via Frank26] The White papers have the new exchange rate. The white papers are the line items/game-plan for both of these reforms [monetary & economic]. The white papers are the when, how and why to do the monetary and economic reforms...this is a report that has been agreed upon by the Fab 4, CBI and Kazemi. It has been handed over to the World Bank to tell the World Bank this is the economic reform. This is the monetary reform...The World Bank has the economic reform and monetary reform on paper now and the mechanisms to make it all work...none of these line items are calculated to succeed at a program rate. None.
6-9-2021 Intel Guru Frank26 Article: "A second wave of price hikes as the dollar exchange continues to rise". This is not right! This is pure evil. And this is what's discouraging you...and people from thinking this is never going to happen. This is not the CBI. This is not Kazemi.
6-9-2021 Intel Guru MarkZ [via PDK] ...heard they would release the VND dong street rate at about .47 cents…then allow it to float up…but, we would be covered in a contract rate of the low #2 range...[What do you hear on the dinar?] I still hear the street rate will come out at just under $4…and we may see up to $8 on the contract side…
6-9-2021 Newshound/Intel Guru Mnt Goat We must all remember that the original reason why they changed out the Saddam notes for the larger 3 zero notes was to combat massive inflation and stabilize the economy. In 2003 it was on the brink of crashing. So now how does it look after almost 17 years of the larger three zero notes? Is it much better than in 2003? Okay so if you are really a student of Iraqi politics and finance you will learn that it does not have to be much better, only stable. Stable you say? How can the dinar be stable with the rate changing so much and being devalued? So maybe the time have come now to release the lower denominations as the three zero notes have out lived their original purpose? But to turn the currency back on the will still need the oil and gas law.
6-9-2021 Intel Guru Bruce ...It has been fairly quiet – it is still quiet coming from the banks - and redemption centers... Now one really good source was indicating that we could get notified tomorrow [Wednesday] afternoon or Thursday morning - a later source told us everything is looking good for Thursday – for notifications...Thursday is looking very strong...
6-9-2021 Newshound Guru Pimpy Do I think the rate is going to stay where it's at? Hell no it's not. Not for no damn three years. Is it possible? Of course it is but I don't see it.
6-9-2021 Intel Guru MarkZ [via PDK] ...in Iraq we have seen a number of articles this week that said they need to adjust their value…it is now up to them according to the world bank. So we are waiting for a shoe to drop and we don’t know what that shoe is. We are waiting for a flip or the switch... I had hoped that by this morning I would be wearing the RV shirt with the golden egg on the front based on conversations I had...yesterday. I am hitting a stone wall…not getting responses so it could be underway and we just don’t know it yet…right now I am getting dead silence from all my contacts. I am reaching out- no one is responding...I’m going to take this as a great sign.
6-9-2021 Newshound/Intel Guru Walkingstick [via Frank26] The White papers have the new exchange rate. The white papers are the line items/game-plan for both of these reforms [monetary & economic]. The white papers are the when, how and why to do the monetary and economic reforms...this is a report that has been agreed upon by the Fab 4, CBI and Kazemi. It has been handed over to the World Bank to tell the World Bank this is the economic reform. This is the monetary reform...The World Bank has the economic reform and monetary reform on paper now and the mechanisms to make it all work...none of these line items are calculated to succeed at a program rate. None.
6-9-2021 Intel Guru Frank26 Article: "A second wave of price hikes as the dollar exchange continues to rise". This is not right! This is pure evil. And this is what's discouraging you...and people from thinking this is never going to happen. This is not the CBI. This is not Kazemi.
6-9-2021 Intel Guru MarkZ [via PDK] ...heard they would release the VND dong street rate at about .47 cents…then allow it to float up…but, we would be covered in a contract rate of the low #2 range...[What do you hear on the dinar?] I still hear the street rate will come out at just under $4…and we may see up to $8 on the contract side…
6-9-2021 Newshound/Intel Guru Mnt Goat We must all remember that the original reason why they changed out the Saddam notes for the larger 3 zero notes was to combat massive inflation and stabilize the economy. In 2003 it was on the brink of crashing. So now how does it look after almost 17 years of the larger three zero notes? Is it much better than in 2003? Okay so if you are really a student of Iraqi politics and finance you will learn that it does not have to be much better, only stable. Stable you say? How can the dinar be stable with the rate changing so much and being devalued? So maybe the time have come now to release the lower denominations as the three zero notes have out lived their original purpose? But to turn the currency back on the will still need the oil and gas law.
6-8-2021 Intel Guru Frank26 Article: "Specialized Banks" Quote: "Now that we are moving completely towards the capitalist market economy system..." Capitalist market economy! That's freedom. My money is free to move in your country? That's Article VIII! Somebody ring a bell! Ding, Ding, Ding, Ding! Thank you...this is powerful. This is Article VIII.
6-8-2021 Intel Guru MarkZ [via PDK] On the banking front I am being told that they have cleaned up all the logistical issues that they needed to…..so from what I am hearing….everything is a “go” now. We are watching things closely. [Are we still in a 24-48 hour window?] We are knee deep in that last 12-24 hours right now…this is from what I heard on Sunday….
6-8-2021 Newshound/Intel Guru Walkingstick [via Frank26] The World Bank within the last three weeks is constantly talking about the exchange rate of the Iraqi dinar. Constantly the World Bank is telling the CBI please you're a sovereign nation raise the value of your currency. The World Bank talked three days in a row, last Tuesday, Wednesday and Thursday and came out and they stated what? The obvious. Raise the value of your currency CBI...right now the World Bank is carrying the football...What did the World Bank say that the CBI has? They have a mechanism to implement the reforms. What do you think that mechanism is? The 'mechanism' is a new rate...
6-8-2021 Newshound Guru Pimpy We're starring to see the value of the dinar is losing against the U.S. Dollar. Why? Because how are outside investors going to come into Iraq and invest when there's so much instability. They need security. I would not want to go somewhere and invest money into a county when there's too much civil unrest...We're starting to see all these militia groups feel real emboldened since o'biden got into office...people are not feeling very secure about what is going on in the Middle East...
6-8-2021 Newshound/Intel Guru Petra The Kurds are back in town...
whenever they come to town it's for business! And right now, the Kurds, along with the world are waiting for...the opening of the budge, and the new rate! We are in a great time-frame!! Watch the CBI!!! ALL IMO.
6-8-2021 Intel Guru Frank26 'We're implementing a new mechanism' Those are direct words from the CBI...that is really explosive! ...about three weeks ago we said watch - the CBI is done. They already told the citizens...Both Mustafas {PM Kazemi and CBI Governor] on television saying 'If you think the exchange rate we used to have was something wait till you see the one coming out'...
6-8-2021 Newshound Guru NORV [aka Kaperoni] Article: "The Central Bank feeds electronic payment cards at the official rate of the dollar" Quote: "The Central Bank of Iraq announced, today, Monday, that all requests to purchase the dollar for the purposes of travel, study and treatment abroad will be met by feeding electronic payment cards (MasterCard and Visa Card) at the official price specified by the bank." ...the CBI using Visa and Mastercard to issue dollars is a violation of the IMF's liberalized exchange rate regime. This will prevent them from acceptance into Article VIII if desired. It will though help curb corruption. So it's a catch 22... violate rules to curb corruption or continue with the corruption and meeting IMF conditions.
6-8-2021 Intel Guru MarkZ [via PDK] On the banking front I am being told that they have cleaned up all the logistical issues that they needed to…..so from what I am hearing….everything is a “go” now. We are watching things closely. [Are we still in a 24-48 hour window?] We are knee deep in that last 12-24 hours right now…this is from what I heard on Sunday….
6-8-2021 Newshound/Intel Guru Walkingstick [via Frank26] The World Bank within the last three weeks is constantly talking about the exchange rate of the Iraqi dinar. Constantly the World Bank is telling the CBI please you're a sovereign nation raise the value of your currency. The World Bank talked three days in a row, last Tuesday, Wednesday and Thursday and came out and they stated what? The obvious. Raise the value of your currency CBI...right now the World Bank is carrying the football...What did the World Bank say that the CBI has? They have a mechanism to implement the reforms. What do you think that mechanism is? The 'mechanism' is a new rate...
6-8-2021 Newshound Guru Pimpy We're starring to see the value of the dinar is losing against the U.S. Dollar. Why? Because how are outside investors going to come into Iraq and invest when there's so much instability. They need security. I would not want to go somewhere and invest money into a county when there's too much civil unrest...We're starting to see all these militia groups feel real emboldened since o'biden got into office...people are not feeling very secure about what is going on in the Middle East...
6-8-2021 Newshound/Intel Guru Petra The Kurds are back in town...
whenever they come to town it's for business! And right now, the Kurds, along with the world are waiting for...the opening of the budge, and the new rate! We are in a great time-frame!! Watch the CBI!!! ALL IMO.
6-8-2021 Intel Guru Frank26 'We're implementing a new mechanism' Those are direct words from the CBI...that is really explosive! ...about three weeks ago we said watch - the CBI is done. They already told the citizens...Both Mustafas {PM Kazemi and CBI Governor] on television saying 'If you think the exchange rate we used to have was something wait till you see the one coming out'...
6-8-2021 Newshound Guru NORV [aka Kaperoni] Article: "The Central Bank feeds electronic payment cards at the official rate of the dollar" Quote: "The Central Bank of Iraq announced, today, Monday, that all requests to purchase the dollar for the purposes of travel, study and treatment abroad will be met by feeding electronic payment cards (MasterCard and Visa Card) at the official price specified by the bank." ...the CBI using Visa and Mastercard to issue dollars is a violation of the IMF's liberalized exchange rate regime. This will prevent them from acceptance into Article VIII if desired. It will though help curb corruption. So it's a catch 22... violate rules to curb corruption or continue with the corruption and meeting IMF conditions.
6-7-2021 Intel Guru MarkZ [via PDK] Question: [So how many more weeks until the RV-do you think?] If banking sources are correct, we will not be waiting any more weeks because this is it…They believe they have solved enough of the technical issues …however military sources do not think anything will happen until next week …they are looking for something big n the 14th and 15th. We just do not know the exact time but it appears we are very close. Sitting at the edge of our seats.
6-7-2021 Intel Guru Holly Monday Rv News: The bonds are still paying out this week. We have to see how far along they get to see if the final release can happen. It is too soon right now to tell where the process is. More news will come in later. This is what we are waiting on...This is a transition not a transaction! Never, ever give up!
6-7-2021 Intel Guru MarkZ [via PDK] What I am getting over the weekend is they made a tremendous amount of progress on the technical side...My banking sources feel we are within 24-48 hours to see this. …I hope they are accurate. I am hearing very positive things guys…just take it with a grain of salt because we do not know the timing.
6-7-2021 Newshound Guru Jeff Article: "Talabani meets Al-Kazemi and asks him to adopt the latest agreement to solve the problems" This is in regard to the implementation of Iraq's budget. They want everything done and happening per Iraq's constitution. They [Iraq] want Kurdistan to send their oil money and oil to Baghdad and then they [Kurds] want Baghdad to send their portion of the '21 budget to them...both parties have said that they're ready to do it. They're talked about maybe doing those steps this week... Article: "Oil and Gas Law" The oil and gas law is post rate change. This article came out today (6/6/21). We are getting these types of articles every week...
6-7-2021 Intel Guru Frank26 I'm hoping that one day soon in the near proximal future we will be able to see a new exchange rate on the CBI website because...[what]...the Fab 4 accomplished with the CBI...
6-7-2021 Newshound Guru Kaperoni Only with the growth of Iraq's economy can the dinar go up in value. Iraq has work to do in order to build a prosperous private sector/ market economy with foreign investment... Hopefully they are beginning to make progress. Hang in there.
6-7-2021 Intel Guru Holly Monday Rv News: The bonds are still paying out this week. We have to see how far along they get to see if the final release can happen. It is too soon right now to tell where the process is. More news will come in later. This is what we are waiting on...This is a transition not a transaction! Never, ever give up!
6-7-2021 Intel Guru MarkZ [via PDK] What I am getting over the weekend is they made a tremendous amount of progress on the technical side...My banking sources feel we are within 24-48 hours to see this. …I hope they are accurate. I am hearing very positive things guys…just take it with a grain of salt because we do not know the timing.
6-7-2021 Newshound Guru Jeff Article: "Talabani meets Al-Kazemi and asks him to adopt the latest agreement to solve the problems" This is in regard to the implementation of Iraq's budget. They want everything done and happening per Iraq's constitution. They [Iraq] want Kurdistan to send their oil money and oil to Baghdad and then they [Kurds] want Baghdad to send their portion of the '21 budget to them...both parties have said that they're ready to do it. They're talked about maybe doing those steps this week... Article: "Oil and Gas Law" The oil and gas law is post rate change. This article came out today (6/6/21). We are getting these types of articles every week...
6-7-2021 Intel Guru Frank26 I'm hoping that one day soon in the near proximal future we will be able to see a new exchange rate on the CBI website because...[what]...the Fab 4 accomplished with the CBI...
6-7-2021 Newshound Guru Kaperoni Only with the growth of Iraq's economy can the dinar go up in value. Iraq has work to do in order to build a prosperous private sector/ market economy with foreign investment... Hopefully they are beginning to make progress. Hang in there.
6-6-2021 Newshound/Intel Guru RVAlready Question: [...when do you think the RV will happen?] I think it will happen when everyone thinks it is safe to do so. I could hope for next week, but we will have to see.
6-6-2021 Newshound Guru Kaperoni I have stated it numerous times Iraq will never significantly overnight RV their currency that is not how monetary policy works. Only with the growth of the economy can the dinar go up in value. Iraq has lots of work to do. They need to pass laws encourage foreign investment and create a thriving private sector. Only then will the Central Bank float the dinar and allow it to gradually increase overtime. There is no overnight lottery ticket.
6-6-2021 Intel Guru Holly Sunday RV News: Yesterday was quiet, however things are still getting done. Whales are still be processed and paid even though it is the weekend it still happens. There is a push to complete the bonds this week. Once this is done the RV side of things will begin. It’s frustrating and a very complicated process but progress is being made. This is a transition not a transaction! Never, ever give up!
6-6-2021 Newshound/Intel Guru RVAlready Question: [Seems that all of these countries are talk about their future digitized currency. That’s all great but we’re still holding onto Fiat currencies from several countries.. when are they planning on having us send these paper notes to them?] I think any country that terminates a currency has to give you a couple of years to cash out. Most countries will probably just cut back on printed currency, and let attrition happen naturally.
6-6-2021 Intel Guru Frank26 the World Bank knows that both of your reforms economic and monetary (but monetary being first) are tied together and the Kurds were the key for your budget that will launch these reforms. They are explaining that the only way your economic reforms will prosper is when and only when the CBI raises the value of your currency through your exchange rate. The World Bank is telling the world it is illogical for Iraq to have a low rate for their currency right now...they need to do something about the exchange rate because...the poverty rate of Iraqi citizens is horrible. They tell the CBI/GOI you're a sovereign country and you can now lift the value...
6-6-2021 Newshound Guru MilitiaMan My view, is with the massive amount of data we have been showing in articles with links to support the view, is that they are ready and are heavily pressured to go to a market economy... my view is I expect a strong ( like never seen before, as noted on Iraq TV.) international rate to be gamed off the devaluation with the help of the local bankers and traders who are fully aware of what is going to happen next. We have data that supports them saying so...Let’s see what they do next!
6-6-2021 Newshound/Intel Guru Mnt Goat Article: "ECONOMIST: THE GOVERNMENT’S JUSTIFICATIONS FOR RAISING THE DOLLAR EXCHANGE RATE ARE FLIMSY" Quote: "...in a statement to the “Information” agency that “the currency auction did not decrease in its sales"
...the currency auctions have ended....Not according to this article.
6-6-2021 Newshound Guru Kaperoni I have stated it numerous times Iraq will never significantly overnight RV their currency that is not how monetary policy works. Only with the growth of the economy can the dinar go up in value. Iraq has lots of work to do. They need to pass laws encourage foreign investment and create a thriving private sector. Only then will the Central Bank float the dinar and allow it to gradually increase overtime. There is no overnight lottery ticket.
6-6-2021 Intel Guru Holly Sunday RV News: Yesterday was quiet, however things are still getting done. Whales are still be processed and paid even though it is the weekend it still happens. There is a push to complete the bonds this week. Once this is done the RV side of things will begin. It’s frustrating and a very complicated process but progress is being made. This is a transition not a transaction! Never, ever give up!
6-6-2021 Newshound/Intel Guru RVAlready Question: [Seems that all of these countries are talk about their future digitized currency. That’s all great but we’re still holding onto Fiat currencies from several countries.. when are they planning on having us send these paper notes to them?] I think any country that terminates a currency has to give you a couple of years to cash out. Most countries will probably just cut back on printed currency, and let attrition happen naturally.
6-6-2021 Intel Guru Frank26 the World Bank knows that both of your reforms economic and monetary (but monetary being first) are tied together and the Kurds were the key for your budget that will launch these reforms. They are explaining that the only way your economic reforms will prosper is when and only when the CBI raises the value of your currency through your exchange rate. The World Bank is telling the world it is illogical for Iraq to have a low rate for their currency right now...they need to do something about the exchange rate because...the poverty rate of Iraqi citizens is horrible. They tell the CBI/GOI you're a sovereign country and you can now lift the value...
6-6-2021 Newshound Guru MilitiaMan My view, is with the massive amount of data we have been showing in articles with links to support the view, is that they are ready and are heavily pressured to go to a market economy... my view is I expect a strong ( like never seen before, as noted on Iraq TV.) international rate to be gamed off the devaluation with the help of the local bankers and traders who are fully aware of what is going to happen next. We have data that supports them saying so...Let’s see what they do next!
6-6-2021 Newshound/Intel Guru Mnt Goat Article: "ECONOMIST: THE GOVERNMENT’S JUSTIFICATIONS FOR RAISING THE DOLLAR EXCHANGE RATE ARE FLIMSY" Quote: "...in a statement to the “Information” agency that “the currency auction did not decrease in its sales"
...the currency auctions have ended....Not according to this article.
6-5-2021 Intel Guru BobTheTaxMan Question: [Any News at all concerning Warka?] The last information I got from Warka [Bank in Iraq ] is that they are still working on the integration and the technology to interface themselves with CBI. It's been much longer than what they thought it was going to take and obviously there's still some politics and things that are in one for it. They say they plan on/hoping to have this thing done by next month and that's the latest information I got.
6-5-2021 Newshound/Intel Guru BobbyC China wants Iraq's oil at a discounted price, "oil for reconstruction", not the IQD...every asset they have help strengthen their currency. How they use those assets towards a free market is why we're still here...then there's the question of which currency do they take international. But in regards to MarkZ's theory, that's not in play... [reference Guru MarkZ post 6-3-2021 "Contract rates..."]
6-5-2021 Newshound Guru MilitiaMan Article: "Anxiety prevails among Iraqis for fear of the deterioration of the purchasing value of the dinar" Quote: "...next Sunday, which is the date for the resumption of official working hours and the Central Bank offering new amounts of hard currency within the policy of preserving the value of the dinar." Iraq at 1190, 1450, 1553, 1600 or even 2000, as the numbers have been floated over the preceding 4-5 days suggest they are not hard currency numbers. ...Now take that in mind to what is expected from the CBI and not street traders or bankers, etc., and have the CBI drop three zeros from any of those aforementioned numbers and you get international hard currency. imo.. That also, if we think and are correct, it will suggest they will need to show new small category notes to go along with the adjusted new rate.
6-5-2021 Intel Guru Holly Saturday Rv News: There was great expectations these past two weeks for the final release to happen...Yes it is frustrating when all news and indications say it will happen and doesn’t...We must remember that this is a fluid event and they adjust as things come up. We can see the progress and know for a fact whales are being paid. So it is just a matter of time before it is our level....do not look for it till this coming week...Never, ever give up!
6-5-2021 Intel Guru Frank26 I think the reason why the monetary reform/new exchange rate is soon to come out is because Iraq has what Dr. Shabibi, the author of the monetary reform - I think he wanted something Iraq has...I believe Iraq has security and stability beyond anything that I ever dreamed about...
6-5-2021 Newshound/Intel Guru Mnt Goat Article: "FOR THE FIRST TIME SINCE FEBRUARY 2020, IRAQ ACHIEVES A MONTHLY SURPLUS IN ITS FINANCIAL BUDGET" Oil surplus? What’s their excuse now? Okay then why is there a proposal to devalue the dinar again? This economic and financial policy of Iraq is crazy. There is no excuse for doing what they are doing in holding up the RV and the project to delete the zeros. It is all corruption and nothing else.
6-5-2021 Newshound Guru Jeff Iraq is showing from many angles they have major instability and they keep telling you how they can't bring forward the economic reform at this time because of the level of instability and all of the corruption they have...until they reach stability the rate change could be hindered and take a while...they have been ready for the last 7 years to change the rate. They just can't. There's a couple of major hurdles they have to overcome...
6-5-2021 Newshound/Intel Guru BobbyC China wants Iraq's oil at a discounted price, "oil for reconstruction", not the IQD...every asset they have help strengthen their currency. How they use those assets towards a free market is why we're still here...then there's the question of which currency do they take international. But in regards to MarkZ's theory, that's not in play... [reference Guru MarkZ post 6-3-2021 "Contract rates..."]
6-5-2021 Newshound Guru MilitiaMan Article: "Anxiety prevails among Iraqis for fear of the deterioration of the purchasing value of the dinar" Quote: "...next Sunday, which is the date for the resumption of official working hours and the Central Bank offering new amounts of hard currency within the policy of preserving the value of the dinar." Iraq at 1190, 1450, 1553, 1600 or even 2000, as the numbers have been floated over the preceding 4-5 days suggest they are not hard currency numbers. ...Now take that in mind to what is expected from the CBI and not street traders or bankers, etc., and have the CBI drop three zeros from any of those aforementioned numbers and you get international hard currency. imo.. That also, if we think and are correct, it will suggest they will need to show new small category notes to go along with the adjusted new rate.
6-5-2021 Intel Guru Holly Saturday Rv News: There was great expectations these past two weeks for the final release to happen...Yes it is frustrating when all news and indications say it will happen and doesn’t...We must remember that this is a fluid event and they adjust as things come up. We can see the progress and know for a fact whales are being paid. So it is just a matter of time before it is our level....do not look for it till this coming week...Never, ever give up!
6-5-2021 Intel Guru Frank26 I think the reason why the monetary reform/new exchange rate is soon to come out is because Iraq has what Dr. Shabibi, the author of the monetary reform - I think he wanted something Iraq has...I believe Iraq has security and stability beyond anything that I ever dreamed about...
6-5-2021 Newshound/Intel Guru Mnt Goat Article: "FOR THE FIRST TIME SINCE FEBRUARY 2020, IRAQ ACHIEVES A MONTHLY SURPLUS IN ITS FINANCIAL BUDGET" Oil surplus? What’s their excuse now? Okay then why is there a proposal to devalue the dinar again? This economic and financial policy of Iraq is crazy. There is no excuse for doing what they are doing in holding up the RV and the project to delete the zeros. It is all corruption and nothing else.
6-5-2021 Newshound Guru Jeff Iraq is showing from many angles they have major instability and they keep telling you how they can't bring forward the economic reform at this time because of the level of instability and all of the corruption they have...until they reach stability the rate change could be hindered and take a while...they have been ready for the last 7 years to change the rate. They just can't. There's a couple of major hurdles they have to overcome...
6-4-2021 Intel Guru Bruce ...we’re still in good shape and possibly in good shape for this week...I have heard from other sources that the expectation is for us to go this week – that would be through Saturday – in my opinion...we’re close – we are very close... Now if it comes to Saturday and we don’t have anything – boom there you go – we’re looking at next week...but I do feel that we are in the last stages of the preparation for us to go... I would say we are in pretty good shape right now for this to go...at any moment...
6-4-2021 Intel Guru BobTheTaxMan If you're hanging on to IQD and the idea is to share that with your loved ones upon your passing, in the current space that we have...you're allowed to give them the IQD. It would have the value of that day of your death...Let's just say it goes up by a dollar and you're giving your kids a million IQD they could exchange it essentially tax-free. But what they want to do now [Biden's tax reforms] is eliminate that so that when your kids got that IQD from the estate they would have to cash it in and they'd only be able to write off the value that it had when you bought it. [Note: Consult your tax professional about your unique circumstances, estate plans and tax liabilities.]
6-4-2021 Intel Guru MarkZ [via PDK] I am still hearing they are making great progress. They are cleaning up the technical issues and to bear with us…I am being told things looks great...I am told they are making quick progress with the technical issues. I was hoping things would move faster than this though...I am impatiently waiting but hearing very positive things...
6-4-2021 Intel Guru Frank26 We saw Saudi Arabia come last fall. We were excited...but now we're seeing Kurdistan/Barzani that are making moves - That are calling the shots. I don't care if Kurdistan comes down and they say Iraq has a new exchange rate because that's not who we want to hear it from. What I want to hear is Kurdistan say, 'Hey, we agree with everything in the budget...oil rights...HCL...' It is very interesting to see that the CBI website was down and IMO for an implementation with the Kurds. I told you this thing about the Kurds coming to Baghdad, the budget, it was huge. It was big...
6-4-2021 Intel Guru Holly Friday RV News: In staying quiet, things are still on the slow, yes slow roll out. There were a few glitches that have been corrected...whales are being paid. Not much longer till it is our turn...
6-4-2021 Intel Guru RayRen98 Kurd's leader, Barzani, asserts approval of the mechanism that will implement the agreement of the 2021 budget. He acknowledged that Baghdad should have no reason "not" to send the salaries and dues to the Kurdistan region. The Finance Minister is expected to address accelerating the economic reforms and getting projects under way. However, with only 66 members of Parliament present, a "lack of quorum" prevented the meeting from taking place. The final agreement is expected to become official within a week.
6-4-2021 Newshound Guru Breitling "The Next 5 Innovation Platforms Will Create the New World Order, Per Ark Invest: DNA Sequencing, Energy Storage, Robotics, AI, Blockchain" Why does Iraq want a 'digital currency'- not a cryptocurrency - but a 'digital currency'? So they can participate and maneuver within this [The Next Innovation Platforms]. People ask me over and over again 'are you gonna be around after the currency revalues?' ....No. 'Well you know we would like to have a conversation about what to invest [in next]...what's the next big thing?' This [The next 5 innovation platforms] is not going to change for the next 30 years. This is it...take the top billionaires and millionaires on the planet and what are they investing in - this environment [The next 5 innovation platforms] and this whole concept right here.
6-4-2021 Intel Guru Frank26 The World Bank came out twice in the last few days and now a third time in a row to tell the CBI you are sovereign now raise the value of your exchange rate and stop being fearful...Iraq is about to be with a new exchange rate and Iraq is about to give her citizens the purchasing power that was promised to them...
6-4-2021 Intel Guru BobTheTaxMan If you're hanging on to IQD and the idea is to share that with your loved ones upon your passing, in the current space that we have...you're allowed to give them the IQD. It would have the value of that day of your death...Let's just say it goes up by a dollar and you're giving your kids a million IQD they could exchange it essentially tax-free. But what they want to do now [Biden's tax reforms] is eliminate that so that when your kids got that IQD from the estate they would have to cash it in and they'd only be able to write off the value that it had when you bought it. [Note: Consult your tax professional about your unique circumstances, estate plans and tax liabilities.]
6-4-2021 Intel Guru MarkZ [via PDK] I am still hearing they are making great progress. They are cleaning up the technical issues and to bear with us…I am being told things looks great...I am told they are making quick progress with the technical issues. I was hoping things would move faster than this though...I am impatiently waiting but hearing very positive things...
6-4-2021 Intel Guru Frank26 We saw Saudi Arabia come last fall. We were excited...but now we're seeing Kurdistan/Barzani that are making moves - That are calling the shots. I don't care if Kurdistan comes down and they say Iraq has a new exchange rate because that's not who we want to hear it from. What I want to hear is Kurdistan say, 'Hey, we agree with everything in the budget...oil rights...HCL...' It is very interesting to see that the CBI website was down and IMO for an implementation with the Kurds. I told you this thing about the Kurds coming to Baghdad, the budget, it was huge. It was big...
6-4-2021 Intel Guru Holly Friday RV News: In staying quiet, things are still on the slow, yes slow roll out. There were a few glitches that have been corrected...whales are being paid. Not much longer till it is our turn...
6-4-2021 Intel Guru RayRen98 Kurd's leader, Barzani, asserts approval of the mechanism that will implement the agreement of the 2021 budget. He acknowledged that Baghdad should have no reason "not" to send the salaries and dues to the Kurdistan region. The Finance Minister is expected to address accelerating the economic reforms and getting projects under way. However, with only 66 members of Parliament present, a "lack of quorum" prevented the meeting from taking place. The final agreement is expected to become official within a week.
6-4-2021 Newshound Guru Breitling "The Next 5 Innovation Platforms Will Create the New World Order, Per Ark Invest: DNA Sequencing, Energy Storage, Robotics, AI, Blockchain" Why does Iraq want a 'digital currency'- not a cryptocurrency - but a 'digital currency'? So they can participate and maneuver within this [The Next Innovation Platforms]. People ask me over and over again 'are you gonna be around after the currency revalues?' ....No. 'Well you know we would like to have a conversation about what to invest [in next]...what's the next big thing?' This [The next 5 innovation platforms] is not going to change for the next 30 years. This is it...take the top billionaires and millionaires on the planet and what are they investing in - this environment [The next 5 innovation platforms] and this whole concept right here.
6-4-2021 Intel Guru Frank26 The World Bank came out twice in the last few days and now a third time in a row to tell the CBI you are sovereign now raise the value of your exchange rate and stop being fearful...Iraq is about to be with a new exchange rate and Iraq is about to give her citizens the purchasing power that was promised to them...
6-3-2021 Intel Guru MarkZ [via PDK] I know it seems like we have been in “Groundhog day” but so much is happening right now …look at how far we have come…look at Basel 3 about to be implemented on June 28th…look at all the changes in the banking centers…things are very different from where we have been in the past. I am looking at anytime now. Once the tech issues are solved….
6-3-2021 Intel Guru BobTheTaxMan The IQD will be taxed as ordinary income since it does not qualify for the more favored long term tax options. [NOTE: At the appropriate time consult your tax professional about your investment and tax liability]
6-3-2021 Intel Guru Holly Thursday Rv News: I am still asked to be quiet and it is difficult because I see you all struggle. The table is being prepared for us. We will be called soon. The word is still this week.
6-3-2021 Newshound/Intel Guru Mnt Goat Article: "OIL PRICES CONTINUE TO RISE GLOBALLY" ...in the past they can’t implement the project to delete the zeros. They said it cost too much. Really…that was when oil was at $35. Now it reaching $80. So now what is your new excuse. We are on to your lame, corrupt excuses. We all should pack up our dinars and ship them back to Iraq for an exchange... This would be trillions of dinars. Let’s see how they would like that? They must take care of use long term investors… It is time.
6-3-2021 Intel Guru MarkZ [via PDK] I am told they are still ironing out communication issues on the banking tech side of this…So many banking stories from all the world…different banks around the globe…people not being able to do transactions…banks not able to do transactions. Banks getting updates…it appears to be a mad dash to fix these technical issues between now and fully implemented by the 15th…a mad dash! Very interesting to watch…
6-3-2021 Newshound Guru Pimpy The hard part is coming out here...keeping everybody informed on what's going on. What I'm up against is a slew of Youtubers out there saying 'Yeah I talked to my insider and they got inside rates.' Or you got that special 'contract rate' or those 800 numbers with those redemption centers and the back screens and the tier 1, tier 2 and the clones are taking over the world. That's kind of hard to deal with sometimes. There are people who believe what they're being told hook line and sinker. But I'm also the same person who says, 'hey, you should go listen to all the different...information...draw your own conclusion...'
6-3-2021 Newshound Guru Breitling A lot of people think Iraq has been dragging their feet. They haven't. They've been doing everything they can to add value to the currency but it's tough when their main source of income is in U.S. dollars...if you look at the countries around Iraq - Saudi Arabia 27 cents. Turkey 11 cents. Iran it's actually less than the dinar. Egypt it's 6 cents. Qatar it's 27 cents. Kuwait it's $3.32. Oman is $2.60. How is Iraq, the second biggest oil producer in the region...a tenth of a penny?
6-3-2021 Intel Guru Frank26 The CBI website was down about 12:15 EST [yesterday]. Normally I don't even talk about it/consider it. But because of so many things that are IMO coming together concerning the monetary and economic reform of the Iraqi dinar I find it very positive for our study. The CBI server you can find it in Texas here in the United States of America. There was nothing wrong with the server in Texas. So why would the CBI shut down their website? I don't think they're testing anything...I believe there are many things that are being implemented right now inside the CBI because of the movement of the exchange rate...
6-3-2021 Intel Guru MarkZ Contract rates…there was a program called “Oil for dinar” for the countries who came in and helped liberate Iraq from Saddam Hussein. These countries are allowed to purchase oil at a very discounted level...this allows the country of Iraq to pay over time but it also allows these countries who hold dinar in their treasuries to get the discount...China did not participate in the action so their way of getting the discount is to buy dinar from you and I and individuals...they can offer you and I a higher rate because the dinar they buy from us gets them much cheaper oil from Iraq. They can pay us 2 or 3 times higher then what the street rate is and it gets them dirt cheap oil...So China wants our dinar and that is where the contract rate comes in….
6-3-2021 Intel Guru BobTheTaxMan The IQD will be taxed as ordinary income since it does not qualify for the more favored long term tax options. [NOTE: At the appropriate time consult your tax professional about your investment and tax liability]
6-3-2021 Intel Guru Holly Thursday Rv News: I am still asked to be quiet and it is difficult because I see you all struggle. The table is being prepared for us. We will be called soon. The word is still this week.
6-3-2021 Newshound/Intel Guru Mnt Goat Article: "OIL PRICES CONTINUE TO RISE GLOBALLY" ...in the past they can’t implement the project to delete the zeros. They said it cost too much. Really…that was when oil was at $35. Now it reaching $80. So now what is your new excuse. We are on to your lame, corrupt excuses. We all should pack up our dinars and ship them back to Iraq for an exchange... This would be trillions of dinars. Let’s see how they would like that? They must take care of use long term investors… It is time.
6-3-2021 Intel Guru MarkZ [via PDK] I am told they are still ironing out communication issues on the banking tech side of this…So many banking stories from all the world…different banks around the globe…people not being able to do transactions…banks not able to do transactions. Banks getting updates…it appears to be a mad dash to fix these technical issues between now and fully implemented by the 15th…a mad dash! Very interesting to watch…
6-3-2021 Newshound Guru Pimpy The hard part is coming out here...keeping everybody informed on what's going on. What I'm up against is a slew of Youtubers out there saying 'Yeah I talked to my insider and they got inside rates.' Or you got that special 'contract rate' or those 800 numbers with those redemption centers and the back screens and the tier 1, tier 2 and the clones are taking over the world. That's kind of hard to deal with sometimes. There are people who believe what they're being told hook line and sinker. But I'm also the same person who says, 'hey, you should go listen to all the different...information...draw your own conclusion...'
6-3-2021 Newshound Guru Breitling A lot of people think Iraq has been dragging their feet. They haven't. They've been doing everything they can to add value to the currency but it's tough when their main source of income is in U.S. dollars...if you look at the countries around Iraq - Saudi Arabia 27 cents. Turkey 11 cents. Iran it's actually less than the dinar. Egypt it's 6 cents. Qatar it's 27 cents. Kuwait it's $3.32. Oman is $2.60. How is Iraq, the second biggest oil producer in the region...a tenth of a penny?
6-3-2021 Intel Guru Frank26 The CBI website was down about 12:15 EST [yesterday]. Normally I don't even talk about it/consider it. But because of so many things that are IMO coming together concerning the monetary and economic reform of the Iraqi dinar I find it very positive for our study. The CBI server you can find it in Texas here in the United States of America. There was nothing wrong with the server in Texas. So why would the CBI shut down their website? I don't think they're testing anything...I believe there are many things that are being implemented right now inside the CBI because of the movement of the exchange rate...
6-3-2021 Intel Guru MarkZ Contract rates…there was a program called “Oil for dinar” for the countries who came in and helped liberate Iraq from Saddam Hussein. These countries are allowed to purchase oil at a very discounted level...this allows the country of Iraq to pay over time but it also allows these countries who hold dinar in their treasuries to get the discount...China did not participate in the action so their way of getting the discount is to buy dinar from you and I and individuals...they can offer you and I a higher rate because the dinar they buy from us gets them much cheaper oil from Iraq. They can pay us 2 or 3 times higher then what the street rate is and it gets them dirt cheap oil...So China wants our dinar and that is where the contract rate comes in….
6-2-2021 Newshound Guru Breitling Question: [Do you have any idea of timing (of dinar RV)?] Iraq is in that zone right now. Iraq is doing everything they can to get the way they technically handle their currency from the bank all the way down to the citizen...they are very very motivated to add value to their currency. They want it more than anybody. They want to get from under the dollar and they want to participate, not what's going to happen in the future, right now...they need to add value to their currency...it's coming...all the confidence in the world.
6-2-2021 Intel Guru BobTheTaxMan Taxes are always going to be there. There's no way around it period. 47% taxes on windfall gains...let me tell you, that number is changing. It's going to get higher particularly into the new current administration because you can expect some major tax reforms...I want you to understand...where our taxes are going under this current administration...not saying condemnation against them...pendulum swings both ways. At the moment it's swinging this way...with these anticipated changes for the future you really need to take the time to re-look at what your plan was... [NOTE: At the appropriate time consult your tax professional about your investment and tax liability.]
6-2-2021 Intel Guru Bruce [via WiserNow] ...the thinking is we...are looking really good and the wording I was given from a bank manager today was “Be ready for any moment now” Be ready...I think we are in good shape for something to occur with notifications over the next couple of days...The rates are very good...
6-2-2021 Newshound Guru Pimpy They can fuss all they want about the rate. I don't think their rate can stay the same for what they say, 3 to 5 years. It's not going to stay that long...if...they keep having a surplus and oil prices continue to rise I don't think it's going to take that long for them to really start to recover. The money is being used for all the right purposes at the moment...
6-2-2021 Intel Guru Footforward I'm getting more reports of banks telling people they aren't selling dong anymore...why is that happening now? ...it's clear something is up in the US, and I've been told by more then one person that I trust that currency flow out of Vietnam at this moment is being restricted. ...the pattern in Vietnam has changed. When patterns change, there is a reason...
6-2-2021 Intel Guru Holly I am still asked to be quiet. Things are happening and we are in the window for this week. All the news I am hearing is very good and positive. We are there, let’s let it unfold.
6-2-2021 Newshound Guru Jeff Article: "Al-Kazemi: Iraq is on the path to economic reform" They're on the path for economic reform but they're not able to implement economic reform...Why can't they bring the reforms forward? What are they waiting on? What do they need? Again, the reforms themselves are waiting on the rate change.
6-2-2021 Intel Guru MarkZ [via PDK] We are hearing that yesterday they attempted to launch the new banking system …We were told that the sheer number of transaction that had been waiting on it over loaded it…and that they are going to attempt again today in the next couple of hours…i hope this is accurate… We have seen some rates on screens for the dinar again…starting to show on bank screens …I find that interesting.
6-2-2021 Intel Guru Frank26 Dubai 1? Dubai 2? Dubai 3? Are you serious? Where do you get this kind of stuff? ...You gotta be careful. All this tier one and tier two and three tiers and 'come to me and only - I got 800 numbers' and the latest thing I'm hearing is there's a Dubai 1? That's so stu__ [stupid?] Be careful who 'you have lunch with'.
6-2-2021 Newshound Guru Pimpy Rumors...you guys need to be careful...yes I heard all the rumors. I heard about the rate change. It's not true. No rate changes are taking place...we know there's a lot of talk about the rate change. There's a group of people saying that this [devaluation] should not have been done...it was done illegally and there's a lot of talk about it being fixed. I do think it's going to be fixed. I do think it's going to change. I really do. But not anytime in the immediate future. But I do think it's going to happen sometime this year. It just depends on what's going on with these protesters and the civil unrest...
6-2-2021 Intel Guru BobTheTaxMan Taxes are always going to be there. There's no way around it period. 47% taxes on windfall gains...let me tell you, that number is changing. It's going to get higher particularly into the new current administration because you can expect some major tax reforms...I want you to understand...where our taxes are going under this current administration...not saying condemnation against them...pendulum swings both ways. At the moment it's swinging this way...with these anticipated changes for the future you really need to take the time to re-look at what your plan was... [NOTE: At the appropriate time consult your tax professional about your investment and tax liability.]
6-2-2021 Intel Guru Bruce [via WiserNow] ...the thinking is we...are looking really good and the wording I was given from a bank manager today was “Be ready for any moment now” Be ready...I think we are in good shape for something to occur with notifications over the next couple of days...The rates are very good...
6-2-2021 Newshound Guru Pimpy They can fuss all they want about the rate. I don't think their rate can stay the same for what they say, 3 to 5 years. It's not going to stay that long...if...they keep having a surplus and oil prices continue to rise I don't think it's going to take that long for them to really start to recover. The money is being used for all the right purposes at the moment...
6-2-2021 Intel Guru Footforward I'm getting more reports of banks telling people they aren't selling dong anymore...why is that happening now? ...it's clear something is up in the US, and I've been told by more then one person that I trust that currency flow out of Vietnam at this moment is being restricted. ...the pattern in Vietnam has changed. When patterns change, there is a reason...
6-2-2021 Intel Guru Holly I am still asked to be quiet. Things are happening and we are in the window for this week. All the news I am hearing is very good and positive. We are there, let’s let it unfold.
6-2-2021 Newshound Guru Jeff Article: "Al-Kazemi: Iraq is on the path to economic reform" They're on the path for economic reform but they're not able to implement economic reform...Why can't they bring the reforms forward? What are they waiting on? What do they need? Again, the reforms themselves are waiting on the rate change.
6-2-2021 Intel Guru MarkZ [via PDK] We are hearing that yesterday they attempted to launch the new banking system …We were told that the sheer number of transaction that had been waiting on it over loaded it…and that they are going to attempt again today in the next couple of hours…i hope this is accurate… We have seen some rates on screens for the dinar again…starting to show on bank screens …I find that interesting.
6-2-2021 Intel Guru Frank26 Dubai 1? Dubai 2? Dubai 3? Are you serious? Where do you get this kind of stuff? ...You gotta be careful. All this tier one and tier two and three tiers and 'come to me and only - I got 800 numbers' and the latest thing I'm hearing is there's a Dubai 1? That's so stu__ [stupid?] Be careful who 'you have lunch with'.
6-2-2021 Newshound Guru Pimpy Rumors...you guys need to be careful...yes I heard all the rumors. I heard about the rate change. It's not true. No rate changes are taking place...we know there's a lot of talk about the rate change. There's a group of people saying that this [devaluation] should not have been done...it was done illegally and there's a lot of talk about it being fixed. I do think it's going to be fixed. I do think it's going to change. I really do. But not anytime in the immediate future. But I do think it's going to happen sometime this year. It just depends on what's going on with these protesters and the civil unrest...
6-1-2021 Intel Guru Holly I am remaining quiet and allowing the process to unfold. This is our week...
6-1-2021 Intel Guru MarkZ [via PDK] [Any lower denomination in Iraq?] I have been unable to prove or disprove if they are out. I am hearing from people in the markets there that exchange rates are fluctuating for cash dinar…but stay the same for digital dinar.
6-1-2021 Intel Guru Frank26 1460 isn't bad enough? You want to lower it more to 1553 or 1560? Kazemi didn't say that. Mustafa didn't say that. Idiots said that...only pay attention to the governor of the CBI not the parliament idiots, not some CBI employee...
6-1-2021 Newshound Guru Pimpy Article: "Advisor Al-Kazemi reveals that there are 50 Trillion dinars outside the control of the banking system" I think they've only printed out 55 trillion. That means they control 9% of their money. This is not good...it looks like we're heading down that path that we do not want to be in...
6-1-2021 Newshound/Intel Guru Walkingstick [via Frank26] They are in meetings now. Topics about disbursement of new notes, time frame, note count etc...
6-1-2021 Intel Guru MarkZ [via PDK] ...we really are sitting at the edge of our seats today. I am being told they are testing the banking system all across the globe right now…I am told we could be in the banks as early as Friday of this week for appointments. But it is all right now based on progress over the next 24 hours...They are definitely leaning on us not to share any specifics right now.
6-1-2021 Newshound Guru Jeff Article: "A proposal to raise the exchange rate of the dollar against the Iraqi dinar again" ...devaluing the dinar improves the economics for the government of Iraq. Obviously it hurts the people because the cost of goods and services go up in value but devaluing the dinar definitely helps the federal government. That's why they're doing it...recent articles from parliament finance committee have come out suggesting that they would like to consider using the current exchange rate for a long period of time. Roughly three more years...
6-1-2021 Intel Guru Frank26 [Now the World Bank is taking about how Iraq has dropped to a negative 10% GDP.] What did I tell you about the GDP? So now the World Bank comes out and starts telling you about the GDP figures. Why? Because they're about to give you the new exchange rate.
6-1-2021 Intel Guru MarkZ [via PDK] [Any lower denomination in Iraq?] I have been unable to prove or disprove if they are out. I am hearing from people in the markets there that exchange rates are fluctuating for cash dinar…but stay the same for digital dinar.
6-1-2021 Intel Guru Frank26 1460 isn't bad enough? You want to lower it more to 1553 or 1560? Kazemi didn't say that. Mustafa didn't say that. Idiots said that...only pay attention to the governor of the CBI not the parliament idiots, not some CBI employee...
6-1-2021 Newshound Guru Pimpy Article: "Advisor Al-Kazemi reveals that there are 50 Trillion dinars outside the control of the banking system" I think they've only printed out 55 trillion. That means they control 9% of their money. This is not good...it looks like we're heading down that path that we do not want to be in...
6-1-2021 Newshound/Intel Guru Walkingstick [via Frank26] They are in meetings now. Topics about disbursement of new notes, time frame, note count etc...
6-1-2021 Intel Guru MarkZ [via PDK] ...we really are sitting at the edge of our seats today. I am being told they are testing the banking system all across the globe right now…I am told we could be in the banks as early as Friday of this week for appointments. But it is all right now based on progress over the next 24 hours...They are definitely leaning on us not to share any specifics right now.
6-1-2021 Newshound Guru Jeff Article: "A proposal to raise the exchange rate of the dollar against the Iraqi dinar again" ...devaluing the dinar improves the economics for the government of Iraq. Obviously it hurts the people because the cost of goods and services go up in value but devaluing the dinar definitely helps the federal government. That's why they're doing it...recent articles from parliament finance committee have come out suggesting that they would like to consider using the current exchange rate for a long period of time. Roughly three more years...
6-1-2021 Intel Guru Frank26 [Now the World Bank is taking about how Iraq has dropped to a negative 10% GDP.] What did I tell you about the GDP? So now the World Bank comes out and starts telling you about the GDP figures. Why? Because they're about to give you the new exchange rate.
5-31-2021 Intel Guru MarkZ [via PDK] There are more and more banking stories about June 1st…over the weekend there was a number of articles in Iraq saying that it is time for them to make a serious change in their value…there are reports coming from the streets of around .70 cents to the dollar in Iraq on the dinar and then float it quickly…i can’t prove this yet. I spent the weekend trying to get pictures of lower denominations...They are trying hard not to leak things right now. We just need a little more patience as we watch this roll out.
5-31-2021 Intel Guru RayRen98 All of our bank sources are planning on Tuesday to be their "day of activity." Some bank staff are reporting to work on Tuesday as early as 6:00 AM in preparation for (_____?) [TIME WILL TELL] "Communication Lockdown" will begin on Tuesday for some bank institutions....no cell phones, in-house meals, etc. Some banks are contemplating "invitation-only" exchange activity to test their systems. Treasury sources indicate live rates today...probably for testing?
5-31-2021 Intel Guru MarkZ [via PDK] I am very much in agreement with [Guru] Holly that this is the time to be quiet. There is a lot of things you are not going to see right now because of security. What we have heard is there is a massive push to have the software portion/computer portion ready for June 1st. We don’t know how it rolls out after that. But I have been told we are right here on the precipice...I have not heard anything is postponed guys…The overwhelming intel I get right now is we have to be quiet. [reference Guru Holly post 5-31-2021]
5-31-2021 Intel/Newshound Guru Holly I was told it is time to be quiet. Just know we are there and it is set to happen this week. Let’s let the process unfold. This is a transition not a transaction! Never, ever give up!
5-31-2021 Intel Guru Frank26 The Marshal Plan is something that is being applied right now to the Iraqi dinar. That's why it's pegged to the American dollar...they are going to rebuild themselves economically because they're about to raise the value going into Article VIII...they have to un-peg themselves from the dollar and stop this 1460...go 1 to 1 with the American dollar. We're looking for the Iraqi dinar to say goodbye to the American dollar. If you see the Governor of the Central Bank of Iraq come out and talk about the [un] pegging of the American dollar to their currency that would be good. If you see that they un-pegged and didn't tell anybody that would be really good...
5-31-2021 Newshound Guru Jeff A lot of the articles coming out are suggesting to us that Iraq still has a ways to go and still has not achieved stability at this time. Article: "The United Nations called on Al-Kazemi to resign" Part of the reason for that is just go back to May 25th...The citizens demonstrated and protested because they don't have better lives...they don't have their social services, entitlements. They're still living the same poor crappy lives. They're not being taken care of. Going down to their level, Kazemi has not delivered those promises to them...now the U.N. has intervened and they're asking for Kazemi to resign...
5-31-2021 Intel Guru RayRen98 SOME BANK STAFF ARE REPORTING IN TUESDAY AT 6 AM EVEN THOUGH THE BANKS DON'T OFFICIALLY OPEN UNTIL 9 AM. HMMMMMMMMMM?
5-31-2021 Intel Guru RayRen98 All of our bank sources are planning on Tuesday to be their "day of activity." Some bank staff are reporting to work on Tuesday as early as 6:00 AM in preparation for (_____?) [TIME WILL TELL] "Communication Lockdown" will begin on Tuesday for some bank institutions....no cell phones, in-house meals, etc. Some banks are contemplating "invitation-only" exchange activity to test their systems. Treasury sources indicate live rates today...probably for testing?
5-31-2021 Intel Guru MarkZ [via PDK] I am very much in agreement with [Guru] Holly that this is the time to be quiet. There is a lot of things you are not going to see right now because of security. What we have heard is there is a massive push to have the software portion/computer portion ready for June 1st. We don’t know how it rolls out after that. But I have been told we are right here on the precipice...I have not heard anything is postponed guys…The overwhelming intel I get right now is we have to be quiet. [reference Guru Holly post 5-31-2021]
5-31-2021 Intel/Newshound Guru Holly I was told it is time to be quiet. Just know we are there and it is set to happen this week. Let’s let the process unfold. This is a transition not a transaction! Never, ever give up!
5-31-2021 Intel Guru Frank26 The Marshal Plan is something that is being applied right now to the Iraqi dinar. That's why it's pegged to the American dollar...they are going to rebuild themselves economically because they're about to raise the value going into Article VIII...they have to un-peg themselves from the dollar and stop this 1460...go 1 to 1 with the American dollar. We're looking for the Iraqi dinar to say goodbye to the American dollar. If you see the Governor of the Central Bank of Iraq come out and talk about the [un] pegging of the American dollar to their currency that would be good. If you see that they un-pegged and didn't tell anybody that would be really good...
5-31-2021 Newshound Guru Jeff A lot of the articles coming out are suggesting to us that Iraq still has a ways to go and still has not achieved stability at this time. Article: "The United Nations called on Al-Kazemi to resign" Part of the reason for that is just go back to May 25th...The citizens demonstrated and protested because they don't have better lives...they don't have their social services, entitlements. They're still living the same poor crappy lives. They're not being taken care of. Going down to their level, Kazemi has not delivered those promises to them...now the U.N. has intervened and they're asking for Kazemi to resign...
5-31-2021 Intel Guru RayRen98 SOME BANK STAFF ARE REPORTING IN TUESDAY AT 6 AM EVEN THOUGH THE BANKS DON'T OFFICIALLY OPEN UNTIL 9 AM. HMMMMMMMMMM?
5-30-2021 Intel Guru Frank26 IMO on the 20th of May the Fab 4 finished with the Central Bank of Iraq - the Central Bank of Iraq basically it's your turn now. That's extremely close. That is an extremely long accomplishment that has been completed and for the governor of the Central Bank of Iraq to actually come out on the 20th and actually say those same words, 'We have completed.' What? 'This, this, this and this.' And all 'this this this' is not for a program rate. Not at all...un-peg. It's your turn.
5-30-2021 Newshound Guru MilitiaMan Article: "Wisdom suggests that the Minister of Finance will not be questioned for these reasons" There may not be a need to question him if what I see to be a key component of reforms being on the table. The mechanism gets places accordingly, there will be no need to question him. As the 'mechanism' fixes the problem...
5-30-2021 Intel/Newshound Guru Holly I have confirmation from sources that have been quiet for sometime that this week is our week! These people are highly credible and I put my trust in them. Those that know me know I err on the side of caution and being conservative in my updates. From what I have heard we are finally there...We are on the cusp of graduation.
5-30-2021 Newshound/Intel Guru Petra their tax revenue people (what we call the IRS) are saying they are to begin implementation of 21% taxes on the income of the citizens. Well they can't do that at a program rate. There's no way. That to me goes back to a time issue that there is a time set in stone because they'll start generating more revenue from the taxes. They are positioned really strong. They just need to get this oil thing straight and then I think we're off to the races.
5-30-2021 Intel Guru Frank26 IMO that [2021] budget will bring forth the new exchange rate. Whether it's brought out with the budget or later I don't know. I don't care. But it's impossible for that budget to do what it wants to do at that program rate....
5-30-2021 Newshound Guru NORV [aka Kaperoni] I do agree, if Iraq can find a way to build a diverse private sector economy the dinar could rise substancially...
5-30-2021 Newshound Guru MilitiaMan Article: "Wisdom suggests that the Minister of Finance will not be questioned for these reasons" There may not be a need to question him if what I see to be a key component of reforms being on the table. The mechanism gets places accordingly, there will be no need to question him. As the 'mechanism' fixes the problem...
5-30-2021 Intel/Newshound Guru Holly I have confirmation from sources that have been quiet for sometime that this week is our week! These people are highly credible and I put my trust in them. Those that know me know I err on the side of caution and being conservative in my updates. From what I have heard we are finally there...We are on the cusp of graduation.
5-30-2021 Newshound/Intel Guru Petra their tax revenue people (what we call the IRS) are saying they are to begin implementation of 21% taxes on the income of the citizens. Well they can't do that at a program rate. There's no way. That to me goes back to a time issue that there is a time set in stone because they'll start generating more revenue from the taxes. They are positioned really strong. They just need to get this oil thing straight and then I think we're off to the races.
5-30-2021 Intel Guru Frank26 IMO that [2021] budget will bring forth the new exchange rate. Whether it's brought out with the budget or later I don't know. I don't care. But it's impossible for that budget to do what it wants to do at that program rate....
5-30-2021 Newshound Guru NORV [aka Kaperoni] I do agree, if Iraq can find a way to build a diverse private sector economy the dinar could rise substancially...
5-29-2021 Newshound Guru MilitiaMan Article: "Opening of the Iraq reconstruction and investment exhibition in Erbil " The 2021 budget is not open or implemented if I recall correctly. There is to be on the 05/29/2021 many laws before the HoR... Mainly the one I have interest in is the potential new law in regard to HCl...But, with this Reconstruction and Investment Exhibition now on going supports a new market economy is underway or just about to be announced...Customs and Borders are in the news today with signings, etc... Digital currency with the IQD is another convergence...So, do we see the picture? ...I sure do... The canvas is now about dry.
5-29-2021 Intel Guru Frank26 I was just recently told everything is now completed as far as the US treasury is concerned. The U.S. Treasury is now waiting for the new exchange rate. I think this is coming to an end.
5-29-2021 Newshound Guru Jeff Article: "Al-Kazemi is implementing an American plan to return Iraq to 2014" This article does not look good for our investment. This article is showing that Iraq ...is not going to become sovereign and that they have tremendous instability...it's also saying they're to pause and postpone the electoral process and go toward an emergency government to ensure the foreign forces remain. They're telling you Iraq has a lot of political instability moving forward...This article does not look good...Iraq will not be able to revalue their currency if they bring forth an emergency government...
5-29-2021 Intel/Newshound Guru Holly The final touches are being finalized to prepare for the release. When it happens no one will know. It will just happen and we will not find out till afterwards...We are truly there this time. It could go by the end of the “end of this month” or within first two weeks in June...I have heard of whales that have been paid... Keep high expectations for we are at the end.
5-29-2021 Intel Guru MarkZ [via PDK] [Is the new banking system supposed to start on June 1st?] That is based on a number of reports from different banks…also from a number of different people walking into branches and being told that there are problems with swift transfers ect…and tellers are saying the problems are because of having to work with 2 different systems and the new system will take over on June 1st.
5-29-2021 Newshound Guru Breitling Don't worry about the Iraqi dinar. The reports that are coming out everything they are doing is fine. The window is still here. There's no reason for them to stop now. Oil prices do not change what's coming up...They're still moving forward...you should be very very happy...
5-29-2021 Intel Guru Frank26 Firefly report: 'TV news [In Iraq] is saying it's time for Iraq to have a flexible exchange rate...' Frank: It's going to float 1 to 1 outside of the country. That's what he's explaining to the citizens. That's what we explained to you. Firefly: '...a flexible exchange rate one that will help Iraq when things are bad and when things are better and they're saying to us that the devalue that they recently had was for a short period of time to get more notes in.' Frank: These are the things that the CBI is telling the citizens on their television. Firefly: 'this is the Finance Minister and the spokesman from the CBI...' Frank: ...the citizens of Iraq are actually getting very excited because they...know the change is coming to their exchange rate because the right people are now talking about it...
5-29-2021 Newshound/Intel Guru Petra Question: [What do you think about the amount of gold they {Iraq} have? Do you think it's a telltale sign? Do you think it's nothing? Do you think it's a ridiculous amount for 1460?] We don't know exactly what the M0/M1 figures are but when you look at the foundation of what a reserve is it's a hard product...gold by far has held its value for 6000 years. The foundation of any country's reserves is their gold...now, as they have been collecting those 3-zero notes and getting rid of them what they have been doing aggressively as you know over the last 6 months...that goes to decreasing the note count which would increase the value of the currency that's outstanding, that's out there in the markets both international and internal. To me the reserves are covered. I have no question they've got the reserves covered to reflect a very strong dinar...
5-29-2021 Newshound/Intel Guru Mnt Goat The news this period is simple. Iraq is having a hard time attracting investors to come into Iraq due to the instability. The real solution is to RV/RI and just end the auctions all together. But they can’t and for reasons the corrupt keep them from doing so...
5-29-2021 Intel Guru Frank26 I was just recently told everything is now completed as far as the US treasury is concerned. The U.S. Treasury is now waiting for the new exchange rate. I think this is coming to an end.
5-29-2021 Newshound Guru Jeff Article: "Al-Kazemi is implementing an American plan to return Iraq to 2014" This article does not look good for our investment. This article is showing that Iraq ...is not going to become sovereign and that they have tremendous instability...it's also saying they're to pause and postpone the electoral process and go toward an emergency government to ensure the foreign forces remain. They're telling you Iraq has a lot of political instability moving forward...This article does not look good...Iraq will not be able to revalue their currency if they bring forth an emergency government...
5-29-2021 Intel/Newshound Guru Holly The final touches are being finalized to prepare for the release. When it happens no one will know. It will just happen and we will not find out till afterwards...We are truly there this time. It could go by the end of the “end of this month” or within first two weeks in June...I have heard of whales that have been paid... Keep high expectations for we are at the end.
5-29-2021 Intel Guru MarkZ [via PDK] [Is the new banking system supposed to start on June 1st?] That is based on a number of reports from different banks…also from a number of different people walking into branches and being told that there are problems with swift transfers ect…and tellers are saying the problems are because of having to work with 2 different systems and the new system will take over on June 1st.
5-29-2021 Newshound Guru Breitling Don't worry about the Iraqi dinar. The reports that are coming out everything they are doing is fine. The window is still here. There's no reason for them to stop now. Oil prices do not change what's coming up...They're still moving forward...you should be very very happy...
5-29-2021 Intel Guru Frank26 Firefly report: 'TV news [In Iraq] is saying it's time for Iraq to have a flexible exchange rate...' Frank: It's going to float 1 to 1 outside of the country. That's what he's explaining to the citizens. That's what we explained to you. Firefly: '...a flexible exchange rate one that will help Iraq when things are bad and when things are better and they're saying to us that the devalue that they recently had was for a short period of time to get more notes in.' Frank: These are the things that the CBI is telling the citizens on their television. Firefly: 'this is the Finance Minister and the spokesman from the CBI...' Frank: ...the citizens of Iraq are actually getting very excited because they...know the change is coming to their exchange rate because the right people are now talking about it...
5-29-2021 Newshound/Intel Guru Petra Question: [What do you think about the amount of gold they {Iraq} have? Do you think it's a telltale sign? Do you think it's nothing? Do you think it's a ridiculous amount for 1460?] We don't know exactly what the M0/M1 figures are but when you look at the foundation of what a reserve is it's a hard product...gold by far has held its value for 6000 years. The foundation of any country's reserves is their gold...now, as they have been collecting those 3-zero notes and getting rid of them what they have been doing aggressively as you know over the last 6 months...that goes to decreasing the note count which would increase the value of the currency that's outstanding, that's out there in the markets both international and internal. To me the reserves are covered. I have no question they've got the reserves covered to reflect a very strong dinar...
5-29-2021 Newshound/Intel Guru Mnt Goat The news this period is simple. Iraq is having a hard time attracting investors to come into Iraq due to the instability. The real solution is to RV/RI and just end the auctions all together. But they can’t and for reasons the corrupt keep them from doing so...
5-28-2021 Intel/Newshound Guru Holly I know everyone is on pins and needles as we are coming up to the end of the month. ...all the news is very promising, however, this is a fluid event and changes moment by moment. All of my sources but two say we are there. The others have said it could happen sometime in June...What everyone has said is this is a slow...roll out. ...I do not have any confirmation on the D1-3 release as of this morning. We are in the window and this is happening. ...Our level is right on the doorstep!
5-28-2021 Intel Guru Bruce [via WiserNow] ...The rate for all of these currencies have been on the screen – front screens – since the 20th...a good week – they came off the screens last night [Wednesday]...in at least one or more of the banks... There’s just quite a bit going on right now behind the scenes with meetings and with banks really – potentially getting fully prepared for things that are going to happen... everything is basically ready to get going - rates will pop back on the screens... we’ll just have to see if everything is totally ready to go when they’re going to do it...
5-28-2021 Intel Guru Frank26 The governor of the Central Bank of Iraq is going to come out again. Every time that he comes out it's going to be more and more information of what we told you...you're way ahead of the curve with our information/opinion...there's nothing discouraging about this...the evidence is so profound...
5-28-2021 Newshound/Intel Guru Petra There are billions and billions and billions of dollars sitting on the sidelines waiting, just waiting to enter Iraq to change their world. It's an imminent change that is coming...
5-28-2021 Newshound Guru Jeff The news out of Iraq is getting very very interesting. Article: "Security forces disperse the demonstrators and impose control on Tahrir Square" We had demonstrators. On May 25th we had shots fired at them. They're demonstrating because the reforms haven't been implemented yet...that's the item that's going to deliver their social benefits. It's going to bring investors in. It's going to give them checks from oil and gas law...all of that's within the reforms and it hasn't been implemented yet and that's why these citizens are acting out...
5-28-2021 Intel Guru MarkZ [via PDK] ...we heard very early morning in Iraq they started breaking out the lower denominations-widespread …I am trying to get dead-solid confirmation. I talked to a couple contacts ….but I want video confirmation. [What does Iraq breaking out lower denoms mean?] it means we are here…we have arrived...why would you need a 5 dinar note when it can’t buy anything with the current level of zeros on the currency? Right now it takes a 10K note to buy a soda…. We are looking to see 1’s, 5’s 10’s and 50’s …Its been a key piece to see those lower denominations in their ATM’s , on the streets and in their markets so we know they have revalued or about to revalue. They need those lower demons as soon as they revalue to continue with commerce and be able to make change.
5-28-2021 Newshound Guru Breitling ...I use credit cards. I use bank cards...there's absolutely no reason to be worried. If Iraq creates a digital currency and you want to get into it, fine. It's going to be at the same rate that you have now. Let's say you convert to that digital currency and you want to get out and you want to get back to notes in your hand. Guess what? You'll be able to do it. That's what that means. Nothing more. Don't let it get to your head! I've been getting panic email, 'Oh, my gosh if they wanted to they could stiff us!' No they can't. It doesn't work that way...the entire world would lose confidence in that currency and the economy would crash. Iraq is doing the complete opposite. They are trying to build their economy up. [post 2 of 2]
5-28-2021 Newshound Guru Breitling Digital currency in Iraq, if they do create it...There's nothing wrong with it. It's a fantastic idea but it's not going to compete against the Iraqi dinar. People are saying, 'If they create this digital currency we're going to be sitting here with nothing.' That's not true...there is no requirement to get into digital currency. That's what people are misunderstanding about these...they are not going to get rid of paper notes... They are creating digital currency because of the convenience. Think about it. I have not touched a dollar bill or had coin in my hands for maybe a year... [post 1 of 2....stay tuned]
5-28-2021 Newshound Guru MilitiaMan today you see the private sector being a focal point along with, [not understood here], the insurance law. All of those things are now on the table. Those could very well be the final 'sign the dotted line'. We need something implemented so we can do these things. We all know what that implementation needs to be. They need to go international and that's what we are looking for. I think we're in a fantastic place.
5-28-2021 Intel Guru Bruce [via WiserNow] ...The rate for all of these currencies have been on the screen – front screens – since the 20th...a good week – they came off the screens last night [Wednesday]...in at least one or more of the banks... There’s just quite a bit going on right now behind the scenes with meetings and with banks really – potentially getting fully prepared for things that are going to happen... everything is basically ready to get going - rates will pop back on the screens... we’ll just have to see if everything is totally ready to go when they’re going to do it...
5-28-2021 Intel Guru Frank26 The governor of the Central Bank of Iraq is going to come out again. Every time that he comes out it's going to be more and more information of what we told you...you're way ahead of the curve with our information/opinion...there's nothing discouraging about this...the evidence is so profound...
5-28-2021 Newshound/Intel Guru Petra There are billions and billions and billions of dollars sitting on the sidelines waiting, just waiting to enter Iraq to change their world. It's an imminent change that is coming...
5-28-2021 Newshound Guru Jeff The news out of Iraq is getting very very interesting. Article: "Security forces disperse the demonstrators and impose control on Tahrir Square" We had demonstrators. On May 25th we had shots fired at them. They're demonstrating because the reforms haven't been implemented yet...that's the item that's going to deliver their social benefits. It's going to bring investors in. It's going to give them checks from oil and gas law...all of that's within the reforms and it hasn't been implemented yet and that's why these citizens are acting out...
5-28-2021 Intel Guru MarkZ [via PDK] ...we heard very early morning in Iraq they started breaking out the lower denominations-widespread …I am trying to get dead-solid confirmation. I talked to a couple contacts ….but I want video confirmation. [What does Iraq breaking out lower denoms mean?] it means we are here…we have arrived...why would you need a 5 dinar note when it can’t buy anything with the current level of zeros on the currency? Right now it takes a 10K note to buy a soda…. We are looking to see 1’s, 5’s 10’s and 50’s …Its been a key piece to see those lower denominations in their ATM’s , on the streets and in their markets so we know they have revalued or about to revalue. They need those lower demons as soon as they revalue to continue with commerce and be able to make change.
5-28-2021 Newshound Guru Breitling ...I use credit cards. I use bank cards...there's absolutely no reason to be worried. If Iraq creates a digital currency and you want to get into it, fine. It's going to be at the same rate that you have now. Let's say you convert to that digital currency and you want to get out and you want to get back to notes in your hand. Guess what? You'll be able to do it. That's what that means. Nothing more. Don't let it get to your head! I've been getting panic email, 'Oh, my gosh if they wanted to they could stiff us!' No they can't. It doesn't work that way...the entire world would lose confidence in that currency and the economy would crash. Iraq is doing the complete opposite. They are trying to build their economy up. [post 2 of 2]
5-28-2021 Newshound Guru Breitling Digital currency in Iraq, if they do create it...There's nothing wrong with it. It's a fantastic idea but it's not going to compete against the Iraqi dinar. People are saying, 'If they create this digital currency we're going to be sitting here with nothing.' That's not true...there is no requirement to get into digital currency. That's what people are misunderstanding about these...they are not going to get rid of paper notes... They are creating digital currency because of the convenience. Think about it. I have not touched a dollar bill or had coin in my hands for maybe a year... [post 1 of 2....stay tuned]
5-28-2021 Newshound Guru MilitiaMan today you see the private sector being a focal point along with, [not understood here], the insurance law. All of those things are now on the table. Those could very well be the final 'sign the dotted line'. We need something implemented so we can do these things. We all know what that implementation needs to be. They need to go international and that's what we are looking for. I think we're in a fantastic place.
5-27-2021 Newshound/Intel Guru Petra When you talk about 500 bankers being together [referencing the central banks meeting that took place last week - including the CBI] that's almost the entire world represented there in that meeting...countries that are not ready yet I feel bad for them because they are going to be behind. Clearly there is a move by the central banks to move to a digital world economy...
5-27-2021 Newshound Guru MilitiaMan The next move for the CBI is to release the new Digital Dinar that will compete and trade with many others in the region and the USA...All being cleared through FINTECH / BLOCKCHAIN technologies...I see big things in the CBIs front yard. Look at the Mosul Branch going Digital, today in the news. Wow... A big move and now it appears the stage is set. Kahdimi has been speaking out and so has the CBI and Financial advisors... Very good to see...imo ! ~ Hold on and keep a close watch.
5-27-2021 Intel/Newshound Guru Holly ...We await the Dubai funds to be released and NO ONE will know when that will be done until after it has completed. This is what will truly kick off the RV release. All sources say we are in the window for this by the end of this month!
5-27-2021 Intel Guru MarkZ [via PDK] What I have heard from Zurich and Hong Kong is they expect Dubai 1 to open today…If it does- that means it would be our weekend… Rumors are that it could have opened as early as 4-5 hours ago… I’m hitting a brick wall trying to track down whether it has or hasn’t…Almost everyone on my banking side are being leaned on heavily NOT to talk by the UST and upper levels of the redemption side. These are people directly involved on the redemption side of all this. I am respecting this. We hope we see some fruition today as we are all tired of “nothing burgers”.
5-27-2021 Newshound/Intel Guru Petra They are aggressively going after the bad guys in parliament which I love reading about. There is so much money to claw back to put back in the Iraqi coffers that has been stolen from them I think a lot of parliamentarians might not show up on Saturday because they have to divulge all their activities...
5-27-2021 Intel Guru Frank26 Kurdistan knows that they're about to raise the value. That's why Kurdistan has been in the news and been in Baghdad so much. Because before they release the budget Kurdistan want's their proper share of it according to the oil prices that have gone up. They already got the HCL. They already go the salaries. They know the value is going to go up and it'll be purchasing power for the citizens...think about it. Where is the HCL? In the budget. And what does the HCL that's in the budget need? The new exchange rate...that's what you call the last 3 seconds on the clock.
5-27-2021 Intel Guru MarkZ [via PDK] ...This coming weekend is Memorial Day weekend and a time to remember those brave men and women in the military that give us the freedom to be in this stream…The original design was for this to go on a 3 day weekend. And we are getting ready to have one... I hate getting excited for these benchmarks because up to now we have always been disappointed…but there is so much happening right now….
5-27-2021 Newshound/Intel Guru BobbyC [reference Guru NORV post 5-26-2021] I get the fact that they are not ready. Some say that if they were going to re denominate, why not just do it. Reasoning is they still have to have a monetary and economic policy that supports such a move. Monetary wise ya have to look at the weakness of the Banking Sector and amount of currency in and out of those Banks. Economy wise look at the dependency on oil revenue and no economic growth. So if they were to place the IQD as a currency reserve why a Peg? Now could they Float once they see stability within the exchange rate? Of course they could, countries do it all the time. Both the CBI and the IMF have stated a Peg to the USD is working and in my opinion, will work if and when the IQD becomes a reserve currency. Now...does it really matter if they Float or Peg once they become a reserve currency? No. Once that happens we will see 2 options in front of us and our decision will be made. A re denomination, or...a gradual increase...
5-27-2021 Newshound Guru MilitiaMan The next move for the CBI is to release the new Digital Dinar that will compete and trade with many others in the region and the USA...All being cleared through FINTECH / BLOCKCHAIN technologies...I see big things in the CBIs front yard. Look at the Mosul Branch going Digital, today in the news. Wow... A big move and now it appears the stage is set. Kahdimi has been speaking out and so has the CBI and Financial advisors... Very good to see...imo ! ~ Hold on and keep a close watch.
5-27-2021 Intel/Newshound Guru Holly ...We await the Dubai funds to be released and NO ONE will know when that will be done until after it has completed. This is what will truly kick off the RV release. All sources say we are in the window for this by the end of this month!
5-27-2021 Intel Guru MarkZ [via PDK] What I have heard from Zurich and Hong Kong is they expect Dubai 1 to open today…If it does- that means it would be our weekend… Rumors are that it could have opened as early as 4-5 hours ago… I’m hitting a brick wall trying to track down whether it has or hasn’t…Almost everyone on my banking side are being leaned on heavily NOT to talk by the UST and upper levels of the redemption side. These are people directly involved on the redemption side of all this. I am respecting this. We hope we see some fruition today as we are all tired of “nothing burgers”.
5-27-2021 Newshound/Intel Guru Petra They are aggressively going after the bad guys in parliament which I love reading about. There is so much money to claw back to put back in the Iraqi coffers that has been stolen from them I think a lot of parliamentarians might not show up on Saturday because they have to divulge all their activities...
5-27-2021 Intel Guru Frank26 Kurdistan knows that they're about to raise the value. That's why Kurdistan has been in the news and been in Baghdad so much. Because before they release the budget Kurdistan want's their proper share of it according to the oil prices that have gone up. They already got the HCL. They already go the salaries. They know the value is going to go up and it'll be purchasing power for the citizens...think about it. Where is the HCL? In the budget. And what does the HCL that's in the budget need? The new exchange rate...that's what you call the last 3 seconds on the clock.
5-27-2021 Intel Guru MarkZ [via PDK] ...This coming weekend is Memorial Day weekend and a time to remember those brave men and women in the military that give us the freedom to be in this stream…The original design was for this to go on a 3 day weekend. And we are getting ready to have one... I hate getting excited for these benchmarks because up to now we have always been disappointed…but there is so much happening right now….
5-27-2021 Newshound/Intel Guru BobbyC [reference Guru NORV post 5-26-2021] I get the fact that they are not ready. Some say that if they were going to re denominate, why not just do it. Reasoning is they still have to have a monetary and economic policy that supports such a move. Monetary wise ya have to look at the weakness of the Banking Sector and amount of currency in and out of those Banks. Economy wise look at the dependency on oil revenue and no economic growth. So if they were to place the IQD as a currency reserve why a Peg? Now could they Float once they see stability within the exchange rate? Of course they could, countries do it all the time. Both the CBI and the IMF have stated a Peg to the USD is working and in my opinion, will work if and when the IQD becomes a reserve currency. Now...does it really matter if they Float or Peg once they become a reserve currency? No. Once that happens we will see 2 options in front of us and our decision will be made. A re denomination, or...a gradual increase...
5-26-2021 Intel Guru MarkZ [via PDK] There is interesting news on Basel 3 implementation on June 28th….I am told there is a new banking system all around the world and banks are scrambling to be ready by JUNE 1st. I think that is a key piece for us too.
5-26-2021 Newshound Guru MilitiaMan One article says 1 trillion dollars worth of stuff has been stolen since 2003. I remember specifically that Interpol found 180 billion dollars they may very well have now or will be getting it shortly. We know that was stated public information...even that much money added to the reserves is incredible. Let's not forget 2018/2019 on the Syrian border they picked up 40 tons of gold. As far as I know they have not allocated to the 94.6 tons. These guys really have the money.
5-26-2021 Newshound Guru NORV [aka Guru Kaperoni] They will not float until the conditions are appropriate. But floating is what countries do. So Iraq will float...the questions is when are the conditions appropriate? First they need to diversify and launch a private sector, then they need pressure create on the CBI's capital account from investment. They need laws to encourage this investment. In other words, they are not ready.
5-26-2021 Newshound/Intel Guru Petra ...All activities, all laws, everything have to be resolved by a certain date...there were a couple articles. 1. The citizens are very upset and they're taking it to the streets. They even reference the activities of October 2019 right after Allaq made the comment 'don't go crazy we're bringing out the new notes etc etc...we're bringing up the purchasing power.' Of course we know what happened in 2019. It was terrible. The citizens are getting to that point of anger again...IOO it's clear that there are things that need to be done and Saturday seems to be a key meeting that needs to occur.
5-26-2021 Intel Guru Frank26 There are many telltale signs that Iraq is going through a monetary reform. We told you on the 20th the governor of the CBI was going to come out and tell you 'look I competed a lot of things'...the CBI is trying to say, 'we're done'...What's competed? Every step required for the monetary reform. When you look at the fact that they're connected internationally. When you look at the amount of gold they have piled up. When you look at the contracts. When you look at...they had two meetings. One with 500 banks and another with 300 banks. Come on! ... Why is the CBI so important? Do you know of any other country in the Middle East who's currency is about to go up in value?
5-26-2021 Intel Guru MarkZ [via PDK] I think its going to be an exciting next few days…..many are saying that the 26th-28th-- are going to be big days...There is a serious NDA crackdown. I thought they were already pretty tight but they really worked them over. I talked to a few people from 2 different areas where they are handling redemption things …you cant get them to say anything… I respect that and I am ready…looks like there is just a short time left to play this game.
5-26-2021 Newshound/Intel Guru Mnt Goat Article: "IRAQ IS FACING A DATE TO OFFICIALLY RESTORE THE PREVIOUS DOLLAR EXCHANGE RATE" ...When they come out raising the dinar rate they are going to go big. Much bigger than the previous program rate.
5-26-2021 Intel/Newshound Guru Holly ...The news I am hearing we are in the window for this by the end of the month and possibly as early as today. There is a rumor going around that the Dubai funds have been released. The D’s I talk...about...are Dubai 1, Dubai 2, and Dubai 3 which funds the rv. I do not have confirmation they have funded as of yet...All the banks are getting ready for the new banking system, the QFS which will begin on June 1st...
5-26-2021 Intel Guru Frank26 Iraq central bank has added a ridiculous amount of gold and other assets to back up their currency and it’s rather insulting to think that this mountain of gold is for a stupid program rate. The Kurds is what we were looking for but I also want you to take note China is not as stupid as they are cruel to see them pour in billions to get oil from your country because they cannot get it from Iran is only going to make your Country very rich and that’s just one of the endless countries that are coming into your economic reform and all because the monetary reform was done correctly properly and Proficiently with the Fab four and the whole international world knows this and loves it...and yes the governor of the CBI on the 20th completed everything. [post 2 of 2]
5-26-2021 Intel Guru Frank26 [Mr Frank Erbil and Baghdad budget agreement will be implemented!] I know...we saw those three days ago and I’m rather excited because in my opinion I believe this is related to the monetary reform as well because Kurdistan did not want any more delays... [Mr. Frank you were right about the 20th and we are kind of excited here especially with disagreement on the budget because it seems like the Kurds we’re pushing for the HCL] ...everything waits for the new exchange rate but I think the waiting is coming to an end... [...this is our oil and gas deal our HCL isn’t it.] Yes...and the next thing you will receive is purchasing power in your currency oh and by the way stop and think about it..... [post 1 of 2....stay tuned]
5-26-2021 Newshound Guru MilitiaMan One article says 1 trillion dollars worth of stuff has been stolen since 2003. I remember specifically that Interpol found 180 billion dollars they may very well have now or will be getting it shortly. We know that was stated public information...even that much money added to the reserves is incredible. Let's not forget 2018/2019 on the Syrian border they picked up 40 tons of gold. As far as I know they have not allocated to the 94.6 tons. These guys really have the money.
5-26-2021 Newshound Guru NORV [aka Guru Kaperoni] They will not float until the conditions are appropriate. But floating is what countries do. So Iraq will float...the questions is when are the conditions appropriate? First they need to diversify and launch a private sector, then they need pressure create on the CBI's capital account from investment. They need laws to encourage this investment. In other words, they are not ready.
5-26-2021 Newshound/Intel Guru Petra ...All activities, all laws, everything have to be resolved by a certain date...there were a couple articles. 1. The citizens are very upset and they're taking it to the streets. They even reference the activities of October 2019 right after Allaq made the comment 'don't go crazy we're bringing out the new notes etc etc...we're bringing up the purchasing power.' Of course we know what happened in 2019. It was terrible. The citizens are getting to that point of anger again...IOO it's clear that there are things that need to be done and Saturday seems to be a key meeting that needs to occur.
5-26-2021 Intel Guru Frank26 There are many telltale signs that Iraq is going through a monetary reform. We told you on the 20th the governor of the CBI was going to come out and tell you 'look I competed a lot of things'...the CBI is trying to say, 'we're done'...What's competed? Every step required for the monetary reform. When you look at the fact that they're connected internationally. When you look at the amount of gold they have piled up. When you look at the contracts. When you look at...they had two meetings. One with 500 banks and another with 300 banks. Come on! ... Why is the CBI so important? Do you know of any other country in the Middle East who's currency is about to go up in value?
5-26-2021 Intel Guru MarkZ [via PDK] I think its going to be an exciting next few days…..many are saying that the 26th-28th-- are going to be big days...There is a serious NDA crackdown. I thought they were already pretty tight but they really worked them over. I talked to a few people from 2 different areas where they are handling redemption things …you cant get them to say anything… I respect that and I am ready…looks like there is just a short time left to play this game.
5-26-2021 Newshound/Intel Guru Mnt Goat Article: "IRAQ IS FACING A DATE TO OFFICIALLY RESTORE THE PREVIOUS DOLLAR EXCHANGE RATE" ...When they come out raising the dinar rate they are going to go big. Much bigger than the previous program rate.
5-26-2021 Intel/Newshound Guru Holly ...The news I am hearing we are in the window for this by the end of the month and possibly as early as today. There is a rumor going around that the Dubai funds have been released. The D’s I talk...about...are Dubai 1, Dubai 2, and Dubai 3 which funds the rv. I do not have confirmation they have funded as of yet...All the banks are getting ready for the new banking system, the QFS which will begin on June 1st...
5-26-2021 Intel Guru Frank26 Iraq central bank has added a ridiculous amount of gold and other assets to back up their currency and it’s rather insulting to think that this mountain of gold is for a stupid program rate. The Kurds is what we were looking for but I also want you to take note China is not as stupid as they are cruel to see them pour in billions to get oil from your country because they cannot get it from Iran is only going to make your Country very rich and that’s just one of the endless countries that are coming into your economic reform and all because the monetary reform was done correctly properly and Proficiently with the Fab four and the whole international world knows this and loves it...and yes the governor of the CBI on the 20th completed everything. [post 2 of 2]
5-26-2021 Intel Guru Frank26 [Mr Frank Erbil and Baghdad budget agreement will be implemented!] I know...we saw those three days ago and I’m rather excited because in my opinion I believe this is related to the monetary reform as well because Kurdistan did not want any more delays... [Mr. Frank you were right about the 20th and we are kind of excited here especially with disagreement on the budget because it seems like the Kurds we’re pushing for the HCL] ...everything waits for the new exchange rate but I think the waiting is coming to an end... [...this is our oil and gas deal our HCL isn’t it.] Yes...and the next thing you will receive is purchasing power in your currency oh and by the way stop and think about it..... [post 1 of 2....stay tuned]
5-25-2021 Intel Guru MarkZ [via PDK] [ I found Vietnamese dong this week for sale...] Yes you can still find it places…but there is not much supply …but Vietnam is trying to digitize their economy…90% of all transactions in Vietnam are now done digitally…they are trying to get the paper currency off the streets. [Have you heard reports of dong rates being as high as $3.80?] Yes I am hearing reports of $3.85. Consider it rumor for now so we are not disappointed…but I am definitely hearing those numbers right now.
5-25-2021 Intel/Newshound Guru Holly I am told today should also be a day when things start. ...We are in the window. I’m told from all sources this week will be a great week. Many are not talking which is a great sign.
5-25-2021 Intel Guru Sheila [via MarkZ] I believe that between today and Saturday this will all be over. Our new banking system is ready to go officially on June 1st.
5-25-2021 Newshound/Intel Guru Mnt Goat Article: "THE HOUSE OF REPRESENTATIVES RESUMED RAISING THE ISSUE OF RAISING THE PRICE OF THE DOLLAR" ...What they do not tell you in the article is part of this session was a CLOSED DOOR session and they discussed the project to delete the zeros and the rate of a revaluation. The finance ministry wants the rate very low at about 30 cents while the Central Bank has already said they are going to revalue at about 1:1 with the US Dollar. This is the dispute now. The Central Bank would like to get full support from the finance ministry but technically does not need it. We wait to see what happens next.
5-25-2021 Newshound/Intel Guru Petra We study the articles. That's the only resource we have. We dig deep into those articles and pull out what I think are nuggets. And I'm telling you [what] we saw the last several weeks...I honestly thought this thing was happening last weekend. I honestly did. I woke up Sunday morning thinking this is the day and it wasn't. I was thinking...why did I put myself in the position to think that it would happen because we are dealing with a unique entity called Iraq...but I thought about it and thought about it and more articles came out and there was something else that I missed...I do believe we are in the final motions of the CBI. It's evident by what's going on in the world...It's all coming together...
5-25-2021 Intel Guru MarkZ [via PDK] [Do you think we are going by June 1st?] Yes I do…I am still getting a solid steady stream from banking sources…I was told they are sending teams all over the place doing tests on transactions…most are successful...there are still a few glitches but they are busy working through those things…They are expecting things to break loose–tied to anther event as a cover…what that is-I don’t know? But, It’s an exciting time to be alive. I am not sharing some things because I was asked not to…buckle up buttercup…we have been leaned on by the banking community to not share many of the details…the last thing we want to do is being responsible for delaying this thing.
5-25-2021 Intel Guru Frank26 I said for me it's less than years, it's less than months, it's less than weeks, it's within days and I still believe that sincerely because everyday that has gone by has been so significant. Everyday that I've said that to you has been filled like a pregnant rhinoceros...I mean this is stuff that's big. Everyday you can see...there is a date when they're going to release the new exchange rate and that date is written in titanium.
5-25-2021 Newshound Guru MilitiaMan Article: "The President of the Republic presents a bill to recover the stolen money and hold the corrupt accountable" Quotes: "...Iraq has lost a thousand billion dollars since 2003 due to corruption"; "...150 billion dollars were smuggled into the countries of the world through corruption deals..." Recovering $1 trillion in stolen money and put back into the coffers will go along way in maintaining the new exchange rate. imo...Even $150 billion would be nice...
5-25-2021 Intel/Newshound Guru Holly I am told today should also be a day when things start. ...We are in the window. I’m told from all sources this week will be a great week. Many are not talking which is a great sign.
5-25-2021 Intel Guru Sheila [via MarkZ] I believe that between today and Saturday this will all be over. Our new banking system is ready to go officially on June 1st.
5-25-2021 Newshound/Intel Guru Mnt Goat Article: "THE HOUSE OF REPRESENTATIVES RESUMED RAISING THE ISSUE OF RAISING THE PRICE OF THE DOLLAR" ...What they do not tell you in the article is part of this session was a CLOSED DOOR session and they discussed the project to delete the zeros and the rate of a revaluation. The finance ministry wants the rate very low at about 30 cents while the Central Bank has already said they are going to revalue at about 1:1 with the US Dollar. This is the dispute now. The Central Bank would like to get full support from the finance ministry but technically does not need it. We wait to see what happens next.
5-25-2021 Newshound/Intel Guru Petra We study the articles. That's the only resource we have. We dig deep into those articles and pull out what I think are nuggets. And I'm telling you [what] we saw the last several weeks...I honestly thought this thing was happening last weekend. I honestly did. I woke up Sunday morning thinking this is the day and it wasn't. I was thinking...why did I put myself in the position to think that it would happen because we are dealing with a unique entity called Iraq...but I thought about it and thought about it and more articles came out and there was something else that I missed...I do believe we are in the final motions of the CBI. It's evident by what's going on in the world...It's all coming together...
5-25-2021 Intel Guru MarkZ [via PDK] [Do you think we are going by June 1st?] Yes I do…I am still getting a solid steady stream from banking sources…I was told they are sending teams all over the place doing tests on transactions…most are successful...there are still a few glitches but they are busy working through those things…They are expecting things to break loose–tied to anther event as a cover…what that is-I don’t know? But, It’s an exciting time to be alive. I am not sharing some things because I was asked not to…buckle up buttercup…we have been leaned on by the banking community to not share many of the details…the last thing we want to do is being responsible for delaying this thing.
5-25-2021 Intel Guru Frank26 I said for me it's less than years, it's less than months, it's less than weeks, it's within days and I still believe that sincerely because everyday that has gone by has been so significant. Everyday that I've said that to you has been filled like a pregnant rhinoceros...I mean this is stuff that's big. Everyday you can see...there is a date when they're going to release the new exchange rate and that date is written in titanium.
5-25-2021 Newshound Guru MilitiaMan Article: "The President of the Republic presents a bill to recover the stolen money and hold the corrupt accountable" Quotes: "...Iraq has lost a thousand billion dollars since 2003 due to corruption"; "...150 billion dollars were smuggled into the countries of the world through corruption deals..." Recovering $1 trillion in stolen money and put back into the coffers will go along way in maintaining the new exchange rate. imo...Even $150 billion would be nice...
5-24-2021 Intel Guru MarkZ [via PDK] I am still hearing of some transaction problems as they “prime the pump” and “test the system”. But, they are quickly being dealt with. Not going to give you a whole lot more on details then that though…for safety of everybody involved.
5-24-2021 Intel Guru Frank26 Some of you are saying, 'I went [to the bank]...I'm in Kansas City, Missouri and the guy there told me the dinar is wallpaper.' Well, ok. What if the wallpaper was made out of gold? ...I think you know something is happening...
5-24-2021 Intel Guru Holly I have heard that we are in the window for this week and there is preliminary news that notices may start today...Graduation time is nearly upon us...All I can say is we are very close.
5-24-2021 Intel Guru MarkZ [via PDK] What I am being told is this should be a bombshell week for disclosure for us…. What I am hearing on the RV front from my banking sources is quite a few whales are expecting funds no later than Wednesday. I think this is it guys... I will keep my ear to the pavement. It is shaping up to be an exceptional week… I have had a lot of good news that I just don’t get to share….
5-24-2021 Newshound Guru MilitiaMan Article: "Kurdish parliamentarian: The region’s delegation will not sign any agreement with Baghdad" Quote: "... Kurdistan Regional Parliament, Diyari Anwar, ruled out the signing of an agreement between the next Kurdish delegation to Baghdad and the federal government regarding oil." ...Why visit Baghdad for a formal visit if not for the HCL? Maybe because they are to come for a photo op, as the HCL has been sorted already (Feb 24, 2021) and now they may have the mechanism for it. imo... To the latter, it would be a formality. imo. KEep in mind the new system has corruption under control once they interlink with the mechanism going forward, imo..
5-24-2021 Intel/Newshound Guru Holly I have been asked to not say too much during this time. I can tell you that much has been happening behind the scenes to have this release...We are on the home stretch.
5-24-2021 Intel Guru MarkZ [via PDK] ...there is someone posing to be me…using my picture on twitter and trying to aggregate peoples currency, serial numbers…posting as the originolmarkz with an "o" instead of an "a" in original. Message reads “If anyone wants a higher exchange rate, please send me a private message and your currency serial number.” This is absolutely false and criminal. This is not me. NEVER SHARE THAT INFORMATION. You will take your currency to your exchange and NEVER let it leave your side until you are exchanging. BE SMART…We need to be careful here at the end guys…Anyone asking for this information is suspect in my book. Beware of scammers. [Note: Always know who you are dealing with BEFORE you part with your currency...that goes for dollars, euros, dinars or whatever...]
5-24-2021 Intel Guru Frank26 Some of you are saying, 'I went [to the bank]...I'm in Kansas City, Missouri and the guy there told me the dinar is wallpaper.' Well, ok. What if the wallpaper was made out of gold? ...I think you know something is happening...
5-24-2021 Intel Guru Holly I have heard that we are in the window for this week and there is preliminary news that notices may start today...Graduation time is nearly upon us...All I can say is we are very close.
5-24-2021 Intel Guru MarkZ [via PDK] What I am being told is this should be a bombshell week for disclosure for us…. What I am hearing on the RV front from my banking sources is quite a few whales are expecting funds no later than Wednesday. I think this is it guys... I will keep my ear to the pavement. It is shaping up to be an exceptional week… I have had a lot of good news that I just don’t get to share….
5-24-2021 Newshound Guru MilitiaMan Article: "Kurdish parliamentarian: The region’s delegation will not sign any agreement with Baghdad" Quote: "... Kurdistan Regional Parliament, Diyari Anwar, ruled out the signing of an agreement between the next Kurdish delegation to Baghdad and the federal government regarding oil." ...Why visit Baghdad for a formal visit if not for the HCL? Maybe because they are to come for a photo op, as the HCL has been sorted already (Feb 24, 2021) and now they may have the mechanism for it. imo... To the latter, it would be a formality. imo. KEep in mind the new system has corruption under control once they interlink with the mechanism going forward, imo..
5-24-2021 Intel/Newshound Guru Holly I have been asked to not say too much during this time. I can tell you that much has been happening behind the scenes to have this release...We are on the home stretch.
5-24-2021 Intel Guru MarkZ [via PDK] ...there is someone posing to be me…using my picture on twitter and trying to aggregate peoples currency, serial numbers…posting as the originolmarkz with an "o" instead of an "a" in original. Message reads “If anyone wants a higher exchange rate, please send me a private message and your currency serial number.” This is absolutely false and criminal. This is not me. NEVER SHARE THAT INFORMATION. You will take your currency to your exchange and NEVER let it leave your side until you are exchanging. BE SMART…We need to be careful here at the end guys…Anyone asking for this information is suspect in my book. Beware of scammers. [Note: Always know who you are dealing with BEFORE you part with your currency...that goes for dollars, euros, dinars or whatever...]
5-23-2021 Newshound Guru MilitiaMan "a large number of industrialists will start operating their factories when they are allowed to open credits with a subsidized dollar."... Think about that. ... "Also, selling subsidized dollars to industrialists on the condition that documents are opened through banks will greatly encourage the stalled factories and speed up their start-up, which ultimately leads to alleviating the unemployment problem that has become constantly exacerbated." ...They are going to a market economy. ..."The "industrial dollar" contributes to reviving the national product” ...They are saying a rate change is coming...
5-23-2021 Intel Guru MarkZ [via PDK] ...I have been getting quite a bit of information from banking centers around the world over this weekend which is unusual that they are working...At this point I do expect to have that golden egg –exciting moment very soon. In the next week or so based on what we are seeing. I hope and pray this is it…we are all ready for this thing to be over…Stay calm…
5-23-2021 Intel Guru Frank26 Vietnam, it's like its feet are moving and someone is holding him up [by a rope] and as soon as they let him go he's going to take off. Vietnam way ahead of the schedule...Vietnam is exploding on the international scene...boom today we Bring you article and one of them said Vietnam has been taken off the currency manipulator according to Bloomberg news...
5-23-2021 Intel Guru MarkZ [via PDK] [YEARS AGO...FOLKS WARNED ABOUT USING THE WRONG TERM WHEN "EXCHANGING" TO AVOID TAXES...STILL TRUE?] I am being told no…that we will not be popped based on our terminology…that the taxes are now covered in a treaty but years ago they were not. Before we could not use the word “invest” or we would get taxed more than if we used the terms exchange or redeem…my banking sources now do not believe that to be accurate…but hey…it doesn’t hurt. [NOTE: Always pay your taxes. Consult your tax professionals at the appropriate time to determine your tax liability based on your unique circumstances.]
5-23-2021 Intel Guru MarkZ [via PDK] ...I have been getting quite a bit of information from banking centers around the world over this weekend which is unusual that they are working...At this point I do expect to have that golden egg –exciting moment very soon. In the next week or so based on what we are seeing. I hope and pray this is it…we are all ready for this thing to be over…Stay calm…
5-23-2021 Intel Guru Frank26 Vietnam, it's like its feet are moving and someone is holding him up [by a rope] and as soon as they let him go he's going to take off. Vietnam way ahead of the schedule...Vietnam is exploding on the international scene...boom today we Bring you article and one of them said Vietnam has been taken off the currency manipulator according to Bloomberg news...
5-23-2021 Intel Guru MarkZ [via PDK] [YEARS AGO...FOLKS WARNED ABOUT USING THE WRONG TERM WHEN "EXCHANGING" TO AVOID TAXES...STILL TRUE?] I am being told no…that we will not be popped based on our terminology…that the taxes are now covered in a treaty but years ago they were not. Before we could not use the word “invest” or we would get taxed more than if we used the terms exchange or redeem…my banking sources now do not believe that to be accurate…but hey…it doesn’t hurt. [NOTE: Always pay your taxes. Consult your tax professionals at the appropriate time to determine your tax liability based on your unique circumstances.]
5-22-2021 Newshound Guru MilitiaMan ...According to a central bank statement, “The Governor of the Central Bank of Iraq, Mustafa Ghaleb, held a meeting with the World Gold Council at their request,”...Looks like things have been achieved… Increase in foreign reserves… After implementing recent reforms… Technical support and training.. That reeks of USA helping out!! Just like they said they would!! ...This week suggests that the UST and major players are all on a level playing field...We will know when the playing field kicks off… Digital is instantaneous.. all boats rise with the tide.. SDR is over $1.44 today...I have always maintained the longer it takes the more money we make...SDR tide is rising...just wait until the IQD is placed internationally!
5-22-2021 Newshound/Intel Guru Mnt Goat The QFS is running the rates and updating them once again. This does not mean an RV is imminent. ...This occurs frequently as they are setting this up for the global reset change. We can probably expect the rates to go up. Remember, however that we can not yet exchange at these rates and so they are nothing more than curiosity. Iraq is still under OFAC sanctions and is not yet trading on FOREX.
5-22-2021 Intel Guru RayRen98 [ANY NEW DONG NUMBERS? RATE?] .80 WAS LAST THING WE WERE GIVEN
5-22-2021 Newshound Guru MilitiaMan In my view, there is nothing to suggest that we have to wait for elections. We wait just as the world does wait for the mechanism to be exposed...The CB [CBI] will be giving special low prices for the dollar. In other words a rate change is coming...
5-22-2021 Intel Guru Frank26 I've always said from day one...you're not going to get the economic reform until you get the monetary reform...
5-22-2021 Intel Guru MarkZ [via PDK] [ I heard the RV cannot happen on weekends?] It could happen anytime, anyday…It used to be set up to happen on a Saturday Night…then possibly Tues-thru Thurs…now I am told it could happen at anytime - anyday of the week.
5-22-2021 Newshound Guru MilitiaMan Article: "The Dutch Disease and Iraq's Foreign Exchange Rate" Quote: "Had the dinar exchange rate been determined...the rate would have been much higher because of international demand for its oil." This article tells us/me...they can and could support an exchange rate for our benefit and one that would benefit the citizens and bring purchasing power! Quote: "therefore, it's high time now to adopt a flexible exchange rate..." All the things we are seeing now points to the digital transformation and going to a less cash society with purchasing power is coming to Iraq...
5-22-2021 Newshound/Intel Guru Mnt Goat The QFS is running the rates and updating them once again. This does not mean an RV is imminent. ...This occurs frequently as they are setting this up for the global reset change. We can probably expect the rates to go up. Remember, however that we can not yet exchange at these rates and so they are nothing more than curiosity. Iraq is still under OFAC sanctions and is not yet trading on FOREX.
5-22-2021 Intel Guru RayRen98 [ANY NEW DONG NUMBERS? RATE?] .80 WAS LAST THING WE WERE GIVEN
5-22-2021 Newshound Guru MilitiaMan In my view, there is nothing to suggest that we have to wait for elections. We wait just as the world does wait for the mechanism to be exposed...The CB [CBI] will be giving special low prices for the dollar. In other words a rate change is coming...
5-22-2021 Intel Guru Frank26 I've always said from day one...you're not going to get the economic reform until you get the monetary reform...
5-22-2021 Intel Guru MarkZ [via PDK] [ I heard the RV cannot happen on weekends?] It could happen anytime, anyday…It used to be set up to happen on a Saturday Night…then possibly Tues-thru Thurs…now I am told it could happen at anytime - anyday of the week.
5-22-2021 Newshound Guru MilitiaMan Article: "The Dutch Disease and Iraq's Foreign Exchange Rate" Quote: "Had the dinar exchange rate been determined...the rate would have been much higher because of international demand for its oil." This article tells us/me...they can and could support an exchange rate for our benefit and one that would benefit the citizens and bring purchasing power! Quote: "therefore, it's high time now to adopt a flexible exchange rate..." All the things we are seeing now points to the digital transformation and going to a less cash society with purchasing power is coming to Iraq...
5-21-2021 Intel Guru Bruce [via WiserNow] ...this is really an important and crucial time for us I know ...previously from 3-4 sources...this week would be a really good week for us – now…it’s more like when are we going to get notified – will it be this week...I think Saturday is a possibility but I think Monday is looking much more secure at this point...appointments set – start of exchanges - all on Monday – we could get something over the weekend – it’s possible we could get something Saturday...I am excited about the timing...
5-21-2021 Intel Guru Texas Snake [via Flemming] ...Ok several hours ago [Thu morning 20 May] now many within the loops of sharing information were all told to cease any further distribution of news, and my source was very intent on hearing what we have all been waiting on [hearing the GO] •••• within hours not days ••• so ••• please stay alert from now thru Friday 21 May•••
5-21-2021 Intel Guru MarkZ [via PDK] I am still being leaned on not to share a lot of specifics right now, so I will honor that. Cross your fingers and hope we are in the tail end of this thing...I think we are awfully close!
5-21-2021 Intel/Newshound Guru Holly I am hearing very positive news on movement for the final release. Based on my sources, we are in the end days and this should culminate very soon. The target is to be done by the end of this month...
5-21-2021 Newshound/Intel Guru Walkingstick [via Frank26] Question: [How does a central bank know when their exchange currency rate needs adjusting?] They know it because a central bank monitors its exchange rate on a daily basis. This bull ka-ka that's coming out of Iraq 'We're going to study it for the next 4 years' No central bank studies any exchange rate for no futuristic 4 year projects...every central bank on this planet earth has to intercede on its exchange rate when necessary. By pumping in currency into their markets or taking out currency out of their markets...
5-21-2021 Intel Guru Frank26 Something has happened and what I believe is happening is that there are many codes that are being established and are being implemented with the Iraqi banks. I believe they are for imports, exports. I believe it's for an exchange rate that is not public yet...
5-21-2021 Newshound Guru MilitiaMan Article: "Nechirvan Barzani discloses "significant" external support for Erbil and Baghdad to resolve their differences" Quote: "there is "great" international support for Erbil and Baghdad in order to solve the differences and pending issues between them" There is a Digital Summit going on through tomorrow. The mechanism that Baghdad and Erbil are to disclose is about to reshape the way they do things and in a big way...imo The world is watching and reacting now. imo There would not be 500 global bankers and Central Bankers over a two to three week period discussing digital clearing and compliance. That does not get done with out massive logistics... imo...We are in a good place...
5-21-2021 Intel Guru Texas Snake [via Flemming] ...Ok several hours ago [Thu morning 20 May] now many within the loops of sharing information were all told to cease any further distribution of news, and my source was very intent on hearing what we have all been waiting on [hearing the GO] •••• within hours not days ••• so ••• please stay alert from now thru Friday 21 May•••
5-21-2021 Intel Guru MarkZ [via PDK] I am still being leaned on not to share a lot of specifics right now, so I will honor that. Cross your fingers and hope we are in the tail end of this thing...I think we are awfully close!
5-21-2021 Intel/Newshound Guru Holly I am hearing very positive news on movement for the final release. Based on my sources, we are in the end days and this should culminate very soon. The target is to be done by the end of this month...
5-21-2021 Newshound/Intel Guru Walkingstick [via Frank26] Question: [How does a central bank know when their exchange currency rate needs adjusting?] They know it because a central bank monitors its exchange rate on a daily basis. This bull ka-ka that's coming out of Iraq 'We're going to study it for the next 4 years' No central bank studies any exchange rate for no futuristic 4 year projects...every central bank on this planet earth has to intercede on its exchange rate when necessary. By pumping in currency into their markets or taking out currency out of their markets...
5-21-2021 Intel Guru Frank26 Something has happened and what I believe is happening is that there are many codes that are being established and are being implemented with the Iraqi banks. I believe they are for imports, exports. I believe it's for an exchange rate that is not public yet...
5-21-2021 Newshound Guru MilitiaMan Article: "Nechirvan Barzani discloses "significant" external support for Erbil and Baghdad to resolve their differences" Quote: "there is "great" international support for Erbil and Baghdad in order to solve the differences and pending issues between them" There is a Digital Summit going on through tomorrow. The mechanism that Baghdad and Erbil are to disclose is about to reshape the way they do things and in a big way...imo The world is watching and reacting now. imo There would not be 500 global bankers and Central Bankers over a two to three week period discussing digital clearing and compliance. That does not get done with out massive logistics... imo...We are in a good place...
5-20-2021 Intel Guru MarkZ [via PDK] [How long will NDA’s be? I hear maybe 90 days?] We do not know…we do not know if there are NDA’s at this point…banker contacts say the NDA will be only about rates and amounts to protect us from talking…to keep us safe from ourselves….
5-20-2021 Newshound/Intel Guru Petra ...Anybody see any gold prices this week???...Traders not trading. Market not trading, Gold not in play. Auctions…not happening. Follow the crumbs. IMO. ...And what’s happening this week???... Digital summit ...All good…Stay the course!!...
5-20-2021 Intel Guru Sheila [via MarkZ] ...“Keep the faith - this is our week”
5-20-2021 Intel Guru MarkZ [via PDK] There is a lot of pressure to be quiet…because we are that close…We are getting leaned on to be quiet for the next few days…We have been asked this before…to go quiet…when things seem to be close...we are being leaned on pretty heavily…. I take this as exceptionally good news. The chatter is really good…hope its accurate. I will be leaving out a lot of details and things I am hearing...just in case. If you hear other intel providers saying they are being asked to be quiet…it is correct... Bankers, Bank contacts, group leaders and a UST contact is leaning on me to be quiet for the next few days. I am going to do my part and play ball with them. Take this as good news and be content...Things seem to be afoot.
5-20-2021 Newshound/Intel Gurus Walkingstick & Frank26 The Iraqi Stock Exchange and Erbil Stock Exchange...linking up internationally. I thought they were already? No, the currency is traded...but they are not linked up to the other banks...that's something you should be looking for probably this coming week. Articles about the ISX and ESX. Usually when we tell you something the following week [you see it in articles]...
5-20-2021 Newshound Guru Pimpy Article: "Parliamentary Finance talks about the continuation of the current exchange rate of the dollar for the next four years" Keep in mind part of the reason why they changed the rate in the first place was because they needed to do something to fill in the deficit gap. That's already been done...no, I don't think they'll be holding onto this rate for 4 years. Is I possible? Of course it is. I don't think so. As a matter of fact I think they should have already changed the rate back...don't get discouraged about the rate change in the budget...
5-20-2021 Intel Guru Frank26 Something is happening with the Vietnamese dong...I would advise you to watch their central bank...pay attention to their GDP [Gross Domestic Product]. The GDP is a determinant of what the value of their currency could be...Something has happened with the Vietnamese dong inside of Vietnam...notice what's going on with their stocks. And I want you to notice what's going on with their imports and exports...
5-20-2021 Intel Guru MarkZ [via PDK] [What are you hearing now on rates] Dong rates – still jumping all over…changing almost hourly…we are seeing about .90 cents to a dollar…something is going on…it could be testing …it could be a place holder…i still hear our contract rate is in the $2 dollar range…maybe as high as $3.80 or so…it’s all a rumor for now… [Anything new on the dinar rate?] I still hear a Street rate of about $4…to a contract rate of just over $8.
5-20-2021 Newshound/Intel Guru Petra Just think thru why ISX is closed for an extended period, and today, the currency traders stopped trading because they know what’s coming and don’t want to get stuck on the wrong side of the equation. It was in a Post today!!! IMO
5-20-2021 Newshound/Intel Guru Petra ...Anybody see any gold prices this week???...Traders not trading. Market not trading, Gold not in play. Auctions…not happening. Follow the crumbs. IMO. ...And what’s happening this week???... Digital summit ...All good…Stay the course!!...
5-20-2021 Intel Guru Sheila [via MarkZ] ...“Keep the faith - this is our week”
5-20-2021 Intel Guru MarkZ [via PDK] There is a lot of pressure to be quiet…because we are that close…We are getting leaned on to be quiet for the next few days…We have been asked this before…to go quiet…when things seem to be close...we are being leaned on pretty heavily…. I take this as exceptionally good news. The chatter is really good…hope its accurate. I will be leaving out a lot of details and things I am hearing...just in case. If you hear other intel providers saying they are being asked to be quiet…it is correct... Bankers, Bank contacts, group leaders and a UST contact is leaning on me to be quiet for the next few days. I am going to do my part and play ball with them. Take this as good news and be content...Things seem to be afoot.
5-20-2021 Newshound/Intel Gurus Walkingstick & Frank26 The Iraqi Stock Exchange and Erbil Stock Exchange...linking up internationally. I thought they were already? No, the currency is traded...but they are not linked up to the other banks...that's something you should be looking for probably this coming week. Articles about the ISX and ESX. Usually when we tell you something the following week [you see it in articles]...
5-20-2021 Newshound Guru Pimpy Article: "Parliamentary Finance talks about the continuation of the current exchange rate of the dollar for the next four years" Keep in mind part of the reason why they changed the rate in the first place was because they needed to do something to fill in the deficit gap. That's already been done...no, I don't think they'll be holding onto this rate for 4 years. Is I possible? Of course it is. I don't think so. As a matter of fact I think they should have already changed the rate back...don't get discouraged about the rate change in the budget...
5-20-2021 Intel Guru Frank26 Something is happening with the Vietnamese dong...I would advise you to watch their central bank...pay attention to their GDP [Gross Domestic Product]. The GDP is a determinant of what the value of their currency could be...Something has happened with the Vietnamese dong inside of Vietnam...notice what's going on with their stocks. And I want you to notice what's going on with their imports and exports...
5-20-2021 Intel Guru MarkZ [via PDK] [What are you hearing now on rates] Dong rates – still jumping all over…changing almost hourly…we are seeing about .90 cents to a dollar…something is going on…it could be testing …it could be a place holder…i still hear our contract rate is in the $2 dollar range…maybe as high as $3.80 or so…it’s all a rumor for now… [Anything new on the dinar rate?] I still hear a Street rate of about $4…to a contract rate of just over $8.
5-20-2021 Newshound/Intel Guru Petra Just think thru why ISX is closed for an extended period, and today, the currency traders stopped trading because they know what’s coming and don’t want to get stuck on the wrong side of the equation. It was in a Post today!!! IMO
5-19-2021 Intel/Newshound Guru Holly Frank26 said...many people called and went to banks to order Dong and it’s no longer available. The Governor of the Central Bank of Vietnam has recalled the currency back to Vietnam. They’re recalling it for a reason. Many countries are not ready but Vietnam is way ahead of the rest. I have heard from others the banks have stopped selling Vietnamese Dong.
5-19-2021 Newshound Guru MilitiaMan The mechanism is the exchange rate in my view. They want what everyone wants. The transformation digitally is on going with the Arab Summit taking place through tomorrow...When Iraq has everyone on board and compliance ready, they'll jump start the reforms and f ast, imo...The digital roll out is the level playing field. It is the mechanism that will trigger a massive global change. imo So be at peace, as change is coming....Get ready!!!
5-19-2021 Intel Guru MarkZ [via PDK] ...I am hearing of lots of success moving money between different banking centers…and with just a few small glitches they are now willing to move forward...and just deal with stuff as it comes up…I hope this is true…The game is afoot. [How much farther has the rv gone this time compared to the past] We have never been this far before….
5-19-2021 Newshound/Intel Guru Walkingstick [via Guru Frank26] Question: [Everyone but Mustafa the governor [CBI] is talking about the exchange rate staying that way for the next 4 years?] Liars!...you think I care about this "garbage"? These guys who have nothing to do with the monetary reform...these Iranian influence jerks that are trying to change stuff up you know very well they have no idea of what's going on. If you get Mustafa and he talks to you then it's something for you to consider.
5-19-2021 Intel/Newshound Guru Holly Per my sources they are all saying we are in the window this week for the final release...
5-19-2021 Intel Guru Frank26 [Bank Story Continued] Frank - Not every bank in the Untied States of America is going to be involved in the exchange. And for that matter not every bank that is going to be involved in the exchange knows everything right now. Most of the executive levels do know but it's up to them on how much they allow to trickle down. Question for W - Did you say [You have] 'Iraqi dinars' or did you just say 'dinars'? I told him 'dinars' but after told him 'Iraqi dinars' because remember out there there are different 'dinars'. Frank - That was Chase Bank in Jacksonville Florida... [Post 3 of 3]
5-19-2021 Intel Guru Frank26 [Bank Story Continued] I asked what is the process? He said, 'the process is you come in, we go to the conference room and count the money and then we go to the teller and put the money in the bank and you got the money. Simple.' Frank - So he gave you the procedure. So when you are ready you bring your currency in, they take you to...the conference room, sit down with you, count it out and then they do the exchange? W - they walk you to the teller, explain the situation and put in the money and you walk away. [Post 2 of 3 Stay tuned for the rest of the story...]
5-19-2021 Intel Guru Frank26 [Community member bank story.] Frank - About a month ago I told you IMO you should start asking your bank friends about the Iraqi dinar...I feel banks are now in the position where they are well advised/informed of what's going on. "W" lives in Jacksonville, Fl [Here's his bank story] I went to one of the managers [Chase Bank] and went into the office...I closed the door behind me...I said I don't want anyone to hear this conversation...I said I have some currency to later on exchange. He said, 'ok, what kind of currency...?' I have dinars. He looked at me with eyes open big. I said, everything alright? He said 'yeah, yeah.' He starts typing on the computer...he said, 'oh, we've been waiting for something to happen. When something happens we will be ready for you.' Frank - So he said they have been waiting for something to happen with the Iraqi dinar!? W - Yes. Frank - Ok, continue. [Post 1 of 3 Stay tuned for the rest of the story...]
5-19-2021 Intel Guru MarkZ [via PDK] Bank rates are bouncing all over…Some rates disappeared altogether…not showing at all…Dong is still moving around on bank screens…I have seen screen shots from banking folks…rates are all over the place…this makes sense…they do not want us to know what is real and what is smoke…I believe these rates are “place holders”…they are doing a lot of testing… I am hearing that contract rates on the dong may be close to $4.00 now...around the $3.80 rate? …remember…it’s all a rumor until we get to the banks…
5-19-2021 Newshound/Intel Guru Mnt Goat Article: "PARLIAMENTARY FINANCE TALKS ABOUT THE CONTINUATION OF THE CURRENT EXCHANGE RATE OF THE DOLLAR FOR THE NEXT FOUR YEARS" Quote: "...setting up a schedule for four years to normalize the exchange rates of the dollar is illogical and contains many inaccuracies..." ...They are not saying that the devalued rate of the dinar will remain for 4 years. The finance committee is apposing this move and says it will be subjected to “annual” evaluation...
5-19-2021 Newshound Guru MilitiaMan The mechanism is the exchange rate in my view. They want what everyone wants. The transformation digitally is on going with the Arab Summit taking place through tomorrow...When Iraq has everyone on board and compliance ready, they'll jump start the reforms and f ast, imo...The digital roll out is the level playing field. It is the mechanism that will trigger a massive global change. imo So be at peace, as change is coming....Get ready!!!
5-19-2021 Intel Guru MarkZ [via PDK] ...I am hearing of lots of success moving money between different banking centers…and with just a few small glitches they are now willing to move forward...and just deal with stuff as it comes up…I hope this is true…The game is afoot. [How much farther has the rv gone this time compared to the past] We have never been this far before….
5-19-2021 Newshound/Intel Guru Walkingstick [via Guru Frank26] Question: [Everyone but Mustafa the governor [CBI] is talking about the exchange rate staying that way for the next 4 years?] Liars!...you think I care about this "garbage"? These guys who have nothing to do with the monetary reform...these Iranian influence jerks that are trying to change stuff up you know very well they have no idea of what's going on. If you get Mustafa and he talks to you then it's something for you to consider.
5-19-2021 Intel/Newshound Guru Holly Per my sources they are all saying we are in the window this week for the final release...
5-19-2021 Intel Guru Frank26 [Bank Story Continued] Frank - Not every bank in the Untied States of America is going to be involved in the exchange. And for that matter not every bank that is going to be involved in the exchange knows everything right now. Most of the executive levels do know but it's up to them on how much they allow to trickle down. Question for W - Did you say [You have] 'Iraqi dinars' or did you just say 'dinars'? I told him 'dinars' but after told him 'Iraqi dinars' because remember out there there are different 'dinars'. Frank - That was Chase Bank in Jacksonville Florida... [Post 3 of 3]
5-19-2021 Intel Guru Frank26 [Bank Story Continued] I asked what is the process? He said, 'the process is you come in, we go to the conference room and count the money and then we go to the teller and put the money in the bank and you got the money. Simple.' Frank - So he gave you the procedure. So when you are ready you bring your currency in, they take you to...the conference room, sit down with you, count it out and then they do the exchange? W - they walk you to the teller, explain the situation and put in the money and you walk away. [Post 2 of 3 Stay tuned for the rest of the story...]
5-19-2021 Intel Guru Frank26 [Community member bank story.] Frank - About a month ago I told you IMO you should start asking your bank friends about the Iraqi dinar...I feel banks are now in the position where they are well advised/informed of what's going on. "W" lives in Jacksonville, Fl [Here's his bank story] I went to one of the managers [Chase Bank] and went into the office...I closed the door behind me...I said I don't want anyone to hear this conversation...I said I have some currency to later on exchange. He said, 'ok, what kind of currency...?' I have dinars. He looked at me with eyes open big. I said, everything alright? He said 'yeah, yeah.' He starts typing on the computer...he said, 'oh, we've been waiting for something to happen. When something happens we will be ready for you.' Frank - So he said they have been waiting for something to happen with the Iraqi dinar!? W - Yes. Frank - Ok, continue. [Post 1 of 3 Stay tuned for the rest of the story...]
5-19-2021 Intel Guru MarkZ [via PDK] Bank rates are bouncing all over…Some rates disappeared altogether…not showing at all…Dong is still moving around on bank screens…I have seen screen shots from banking folks…rates are all over the place…this makes sense…they do not want us to know what is real and what is smoke…I believe these rates are “place holders”…they are doing a lot of testing… I am hearing that contract rates on the dong may be close to $4.00 now...around the $3.80 rate? …remember…it’s all a rumor until we get to the banks…
5-19-2021 Newshound/Intel Guru Mnt Goat Article: "PARLIAMENTARY FINANCE TALKS ABOUT THE CONTINUATION OF THE CURRENT EXCHANGE RATE OF THE DOLLAR FOR THE NEXT FOUR YEARS" Quote: "...setting up a schedule for four years to normalize the exchange rates of the dollar is illogical and contains many inaccuracies..." ...They are not saying that the devalued rate of the dinar will remain for 4 years. The finance committee is apposing this move and says it will be subjected to “annual” evaluation...
5-18-2021 Intel Guru MarkZ [via PDK] From banking contacts…The dong continues on some banking screens to flirt with the $1 mark…it may not be what the final rate is…but gives me a lot of warm fuzzies…
5-18-2021 Guest Guru BobbyC If those HD's...(250 to the 50K note)... are kept in the market, along with the supposed LD's of IQD, let's say 1 to 50, it would be mass confusion... My thinking is Iraq will re-denominate before new LD's are issued. Gives weight to Iraq wanting to go from Trillions to Billions...
5-18-2021 Newshound/Intel Guru Walkingstick [via Frank] They're talking about the language. There's no more English language on any of their currency. They're going to print more...? No, they're just talking about the language that they put on there. Will there be an article about this? I don't know but they [the CBI] are talking about the Kurdistan and Arabic language...
5-18-2021 Intel Guru MarkZ [via PDK] Out of Iraq they released another article that was very similar to what they released in Kuwait just before they revalued…pegging the dinar of 1485 or so to $100 usd…basically indicating they are not doing anything anytime soon…Kuwait had a similar article…and then they just did it…RV’d.
5-18-2021 Intel/Newshound Guru Holly ...It has been a very slow roll out done intentionally to capture any bad actors in the process... Remember it’s all about safety and security. You will want to be safe at all times going forward post rv...We will get there as the process has begun weeks ago...never, ever give up!
5-18-2021 Newshound/Intel Guru Mnt Goat So, the recent news from Iraq is all good. They are telling us they have a $15 dollar surplus per barrel of oil. WOW! Remember they can not now tell us they don’t have the funds to more [move ?] ahead with the project to delete the zeros...We can feel that something is just not right and the CBI is planning something BIG with the currency in the near future. I say NEAR future because we also know they can not continue much longer in the monetary policies they are now implementing...
5-18-2021 Intel Guru Frank26 You keep asking me, 'when's it going to happen? When's it going to happen?' Do you honestly think Iraq is in a hurry with what Biden is doing? But the monetary reform itself has already been unveiled. It's kind of like when you jump out of an airplane you've got to pull the chute. Right now Iraq is in the position the Central Bank has already jumped out of the airplane. And they're pulling the chute. Soon God willing we will see that beautiful blossom of that parachute opening up. I don't know when. I have no idea when. I know deep in my heart IMO it's happening big time.
5-18-2021 Guest Guru BobbyC If those HD's...(250 to the 50K note)... are kept in the market, along with the supposed LD's of IQD, let's say 1 to 50, it would be mass confusion... My thinking is Iraq will re-denominate before new LD's are issued. Gives weight to Iraq wanting to go from Trillions to Billions...
5-18-2021 Newshound/Intel Guru Walkingstick [via Frank] They're talking about the language. There's no more English language on any of their currency. They're going to print more...? No, they're just talking about the language that they put on there. Will there be an article about this? I don't know but they [the CBI] are talking about the Kurdistan and Arabic language...
5-18-2021 Intel Guru MarkZ [via PDK] Out of Iraq they released another article that was very similar to what they released in Kuwait just before they revalued…pegging the dinar of 1485 or so to $100 usd…basically indicating they are not doing anything anytime soon…Kuwait had a similar article…and then they just did it…RV’d.
5-18-2021 Intel/Newshound Guru Holly ...It has been a very slow roll out done intentionally to capture any bad actors in the process... Remember it’s all about safety and security. You will want to be safe at all times going forward post rv...We will get there as the process has begun weeks ago...never, ever give up!
5-18-2021 Newshound/Intel Guru Mnt Goat So, the recent news from Iraq is all good. They are telling us they have a $15 dollar surplus per barrel of oil. WOW! Remember they can not now tell us they don’t have the funds to more [move ?] ahead with the project to delete the zeros...We can feel that something is just not right and the CBI is planning something BIG with the currency in the near future. I say NEAR future because we also know they can not continue much longer in the monetary policies they are now implementing...
5-18-2021 Intel Guru Frank26 You keep asking me, 'when's it going to happen? When's it going to happen?' Do you honestly think Iraq is in a hurry with what Biden is doing? But the monetary reform itself has already been unveiled. It's kind of like when you jump out of an airplane you've got to pull the chute. Right now Iraq is in the position the Central Bank has already jumped out of the airplane. And they're pulling the chute. Soon God willing we will see that beautiful blossom of that parachute opening up. I don't know when. I have no idea when. I know deep in my heart IMO it's happening big time.
5-17-2021 Guest Guru BobbyC ...Whichever Float/PEG they determine is an after thought for our end game. They'd be stupid to de peg from the USD if they go International...The IQD will be in a basket pegged to the USD for protection. Years down the road when they can manage it, they will float. [USA BUCK .....remains world standard] Yep and that's their protection factor because USD is OIL and OIL is USD :)
5-17-2021 Guest Guru BobbyC To my knowledge only one aspect of Ch 7 remains and that's the debt to Kuwait which has zero bearing on taking the IQD international. All the other Ch 7's were moved to Ch 6. CH 7 Sanctioned nations...do not have globally traded currency...there are no sanctions against them doing international business. Just some Banks, especially in Europe, won't deal with em because Iraq fails to abide by the RTGS (real time gross settlements)...They could go Global at 1460 and I'd be thrilled...
5-17-2021 Intel Guru MarkZ [via PDK] From my banking contacts we have seen a lot of fluctuations on the screens….especially with the dong….its floating all over the place. My last update I got was it was about .92 cents…whether they are unpegging it…or whether we will be able to redeem it this week…I don’t know.
5-17-2021 Intel Guru Frank26 There is no "GCR"...there's no such thing as a global currency reset. It's mathematically impossible...there is no GCR inside nor outside of Iraq...when they de-peg from the American dollar the IQD will then be international...when they un-peg from the American dollar it all shows the IQD to be compliant with Article VIII.
5-17-2021 Intel/Newshound Guru Holly For the Rv to happen the Dubai funds need to be released. They are all funded just not released. There were some issues with accounts that needed to be fixed. That should be fixed if not by now, then this week. Be prepared for any and everything to happen this week. Never, ever give up!
5-17-2021 Guest Guru BobbyC To my knowledge only one aspect of Ch 7 remains and that's the debt to Kuwait which has zero bearing on taking the IQD international. All the other Ch 7's were moved to Ch 6. CH 7 Sanctioned nations...do not have globally traded currency...there are no sanctions against them doing international business. Just some Banks, especially in Europe, won't deal with em because Iraq fails to abide by the RTGS (real time gross settlements)...They could go Global at 1460 and I'd be thrilled...
5-17-2021 Intel Guru MarkZ [via PDK] From my banking contacts we have seen a lot of fluctuations on the screens….especially with the dong….its floating all over the place. My last update I got was it was about .92 cents…whether they are unpegging it…or whether we will be able to redeem it this week…I don’t know.
5-17-2021 Intel Guru Frank26 There is no "GCR"...there's no such thing as a global currency reset. It's mathematically impossible...there is no GCR inside nor outside of Iraq...when they de-peg from the American dollar the IQD will then be international...when they un-peg from the American dollar it all shows the IQD to be compliant with Article VIII.
5-17-2021 Intel/Newshound Guru Holly For the Rv to happen the Dubai funds need to be released. They are all funded just not released. There were some issues with accounts that needed to be fixed. That should be fixed if not by now, then this week. Be prepared for any and everything to happen this week. Never, ever give up!
5-16-2021 Intel Guru sheila ...on Friday...my one and only bank source signed their non-dis-agree [non disclosure agreement] and would not be contacting me anymore. [but maybe good for us sheila] yes, they said it good for all... and very likely to be extremely soon...
5-16-2021 Newshound/Intel Guru Petra The price of oil is on the rise. This only bodes well for all the Gulf cooperating countries, OPEC and of course it's going to impact Iraq as well because they are making money hand over fist right now with these higher oil prices. That only drives success and strength in the currency itself. It's all good. I'm excited...
5-16-2021 Intel Guru Frank26 When they de-peg from the American dollar they will automatically become compliant with the Swift Codes, with Article 8, which will allow them to say goodbye to the Swift Code and go into the QFS. That is what we are looking for. That is the definition of Article 8...
5-16-2021 Intel/Newshound Guru Holly ...The gcr-Rv are progressing and we await for the final release of Dubai funds to kick off the rv. Everything is funded, audits done and compliance completed, we are just waiting for the release. I would expect that anytime between now and the 20th...
5-16-2021 Newshound Guru MilitiaMan The things before us now are clearly showing a transformation. They have some many things done that have never been done before. The brass ring is to be ready for the taking imo once they give the mechanism for the 2021 activation to pay the retro active payments...When bankers talk compliance, they are serious about it... I seriously like where we are now. By far better place than ever before from what I now see. Amazing things ahead...
5-16-2021 Newshound/Intel Guru Petra The price of oil is on the rise. This only bodes well for all the Gulf cooperating countries, OPEC and of course it's going to impact Iraq as well because they are making money hand over fist right now with these higher oil prices. That only drives success and strength in the currency itself. It's all good. I'm excited...
5-16-2021 Intel Guru Frank26 When they de-peg from the American dollar they will automatically become compliant with the Swift Codes, with Article 8, which will allow them to say goodbye to the Swift Code and go into the QFS. That is what we are looking for. That is the definition of Article 8...
5-16-2021 Intel/Newshound Guru Holly ...The gcr-Rv are progressing and we await for the final release of Dubai funds to kick off the rv. Everything is funded, audits done and compliance completed, we are just waiting for the release. I would expect that anytime between now and the 20th...
5-16-2021 Newshound Guru MilitiaMan The things before us now are clearly showing a transformation. They have some many things done that have never been done before. The brass ring is to be ready for the taking imo once they give the mechanism for the 2021 activation to pay the retro active payments...When bankers talk compliance, they are serious about it... I seriously like where we are now. By far better place than ever before from what I now see. Amazing things ahead...
5-15-2021 Newshound/Intel Guru Petra Article: "Saudi companies prepare to launch giant investments soon in Iraq " [...The Saudi's don't play games and have little tolerance "postponement and delay tactics" if your not ready to do business they don't stick around. The fact that they seem to be moving forward with investment projects (according to this article anyway) again I find encouraging...] Correct...Looks like they may get the first dance card with the queen of the Ball!
5-15-2021 Newshound Guru MilitiaMan ..."According to the information, the salaries of employees and the region’s share in the budget law will be launched by the Federal Ministry of Finance after the Eid al-Fitr holiday." They told us the mechanism was agreed on and was to be dealt with immediately after Eid Al-Fitr…Lets hope they have the international mechanism ready to roll out!!
5-15-2021 Newshound/Intel Guru Mnt Goat Article: " China agreement with Iraq will be activated soon, while noting that the annual volume of exchange between the two countries has reached 30 billion dollars." this is very important as China needs the Iraqi oil real bad. This is a geopolitical move on China ’s part...
5-15-2021 Intel Guru Frank26 All I know is that they need to lift all of the restrictions. They need to announce they are article 8 which is lifting all the restrictions. This is the key to our investment. Not the rate increase. The international status of Article VIII to be announced. The de-pegging of the American dollar so that then they are free. They're liberated...
5-15-2021 Newshound/Intel Guru Petra They came out with some matrix that I was frankly kind of surprised. They said 99% of the citizens in Iraq now have cellphones. That's massive. And over 75% of them are connected to the internet. Put that in your about digitization and being able to safely and securely transfer money both internally and externally...
5-15-2021 Newshound Guru Kaperoni If the Iraqi dinar is ever going to appreciate in value it will be as the IMF says..."a predictable and gradual appreciation."...
5-15-2021 Intel Guru MarkZ [Are we going to get heavily taxed?] That does not make sense to me….I am told its already covered in the exchange… [Consult with your tax professional at the appropriate time.]
5-15-2021 Intel Guru Frank26 They [Iraq] has to have liberalization of movement...they need a free market - a liberalization of their currency is important for the their currency to be viable. They need to be Article VIII - it's not that they have to raise the value of their currency. That's nice and good but they need to announce that they're article VIII and international status. All of the articles cast a long shadow that proves that they are...they have to just announce it. And while they do that raise the value of your currency too. The goal is 1 to 1 in-country and out-country and then float it...international status will equal an increase in their value.
5-15-2021 Newshound Guru MilitiaMan ..."According to the information, the salaries of employees and the region’s share in the budget law will be launched by the Federal Ministry of Finance after the Eid al-Fitr holiday." They told us the mechanism was agreed on and was to be dealt with immediately after Eid Al-Fitr…Lets hope they have the international mechanism ready to roll out!!
5-15-2021 Newshound/Intel Guru Mnt Goat Article: " China agreement with Iraq will be activated soon, while noting that the annual volume of exchange between the two countries has reached 30 billion dollars." this is very important as China needs the Iraqi oil real bad. This is a geopolitical move on China ’s part...
5-15-2021 Intel Guru Frank26 All I know is that they need to lift all of the restrictions. They need to announce they are article 8 which is lifting all the restrictions. This is the key to our investment. Not the rate increase. The international status of Article VIII to be announced. The de-pegging of the American dollar so that then they are free. They're liberated...
5-15-2021 Newshound/Intel Guru Petra They came out with some matrix that I was frankly kind of surprised. They said 99% of the citizens in Iraq now have cellphones. That's massive. And over 75% of them are connected to the internet. Put that in your about digitization and being able to safely and securely transfer money both internally and externally...
5-15-2021 Newshound Guru Kaperoni If the Iraqi dinar is ever going to appreciate in value it will be as the IMF says..."a predictable and gradual appreciation."...
5-15-2021 Intel Guru MarkZ [Are we going to get heavily taxed?] That does not make sense to me….I am told its already covered in the exchange… [Consult with your tax professional at the appropriate time.]
5-15-2021 Intel Guru Frank26 They [Iraq] has to have liberalization of movement...they need a free market - a liberalization of their currency is important for the their currency to be viable. They need to be Article VIII - it's not that they have to raise the value of their currency. That's nice and good but they need to announce that they're article VIII and international status. All of the articles cast a long shadow that proves that they are...they have to just announce it. And while they do that raise the value of your currency too. The goal is 1 to 1 in-country and out-country and then float it...international status will equal an increase in their value.
5-14-2021 Newshound Guru MilitiaMan Keep in mind those that have a need to know of what to expect from the level playing field will be there. They...know now that Iraq is open for business. The recent NIC platform from the GOI told us that investors can now make application to get into investments. That will require international standards. Along with it an exchange rate that complies too. We see today they expectation to pay salaries is post Eid Al-Fitr. That is not far off...They will need to have show time sooner than later. Show time is 18th - 20th of May...imo Things are looking very good indeed!!! [post 2 of 2]
5-14-2021 Newshound Guru MilitiaMan There is a clear and concise move to digitalization for Iraq and the region. We saw the like of 200 Senior officials from banks and Central Banks around the world with the BUNA conference on the sixth of May. Then on the 8th of May there is more on the digital transformation of the country. Now we see 300 Banks and from 20 Arab States are to attend a virtual event on the same topic of digitization in the coming days. To gather this sort of attention is for a serious reason, one is for security and stability an other is transparency and to fight corruption. [post 1 of 2....stay tuned]
5-14-2021 Intel Guru Bruce [via WiserNow] ...today has been amazingly quiet... I think things are quiet for a reason...We have heard from one source the idea of things are going to roll out in 72 hours from yesterday [Wednesday] – which would put us to Saturday – that’s a possibility...I hate to say wait and see but that’s really where we are...
5-14-2021 Newshound/Intel Guru Petra Remember, the dinar is still at a PR (sanctioned) rate. Even though they have been given a clear approval to move forward by the IMF/WB/UST they still are under the old rate. And because of that, they CANNOT use the IQD to purchase goods outside of their country. The only 'mechanism' they have currently is to trade their dinars with the banks for USD to purchase medicines, computers, Pepsi, and other good that are not manufactured in Iraq. So, they must continue to purchase using USD until they change their rate to an internationally recognized and accepted currency...the auctions serve two purposes: it allows for import purchases...as well as drawn in more notes from the citizens. Will this change after the RI...you bet! But for now, this is the necessary process in order to continue international trade to provide what Iraqi's need to live. All IMO.
5-14-2021 Intel Guru MarkZ [Can we negotiate rates?] ...My sources say all the rates are set. I believe this to be true...
5-14-2021 Intel Guru Frank26 [Guru] Walkingstick and I shared with you that they have a date...and it is solid. It's not a date that's going to jump around all over the place. It is written in titanium. Remember that? So when I was talking with I-Team they said look at the 20th. We're looking for the CBI to do something...it's immovable...it's solid...I-Team tells me almost the same exact words that Walkingstick told me almost 2 months ago. They overlap with each other. I told you, 'In the near proximal future.' - this date that they have that is carved in titanium. Apparently now is immovable and solid as well too...IOO.
5-14-2021 Intel/Newshound Guru Holly ...We are very close, I still see ...1 - 2 more weeks when the release happens just so you have realistic expectations...
5-14-2021 Newshound/Intel Guru Mnt Goat ...I can tell everyone with complete and utmost assurance that there is NOT going to be an RV anytime soon unless the CBI announces going ahead with the project to delete the zeros. They have not. I know they are planning it and working out the details but the economy and other issues, such as the move to increase the reserves are standing in the way...They...need the Iraq constitution FULLY implemented. That means HCL and the Article 140 referendum that the constitution calls for. But not just written but passed in parliament and implemented successfully. Yes, these are the obstacles. We know that both of these referendums are in parliament being reviewed but not yet voted on.
5-14-2021 Newshound Guru MilitiaMan Article: "Saleh assures the Saudi delegation the importance of strengthening bilateral relations and the role of Iraq in consolidating the security of the region" This is a big deal and it looks like they have agreed on many things. Security and Stability are a couple items, as are the economy and investments... Oh, I like this... Bring on the MECHANISM!!! ~ imo.
5-14-2021 Newshound Guru MilitiaMan There is a clear and concise move to digitalization for Iraq and the region. We saw the like of 200 Senior officials from banks and Central Banks around the world with the BUNA conference on the sixth of May. Then on the 8th of May there is more on the digital transformation of the country. Now we see 300 Banks and from 20 Arab States are to attend a virtual event on the same topic of digitization in the coming days. To gather this sort of attention is for a serious reason, one is for security and stability an other is transparency and to fight corruption. [post 1 of 2....stay tuned]
5-14-2021 Intel Guru Bruce [via WiserNow] ...today has been amazingly quiet... I think things are quiet for a reason...We have heard from one source the idea of things are going to roll out in 72 hours from yesterday [Wednesday] – which would put us to Saturday – that’s a possibility...I hate to say wait and see but that’s really where we are...
5-14-2021 Newshound/Intel Guru Petra Remember, the dinar is still at a PR (sanctioned) rate. Even though they have been given a clear approval to move forward by the IMF/WB/UST they still are under the old rate. And because of that, they CANNOT use the IQD to purchase goods outside of their country. The only 'mechanism' they have currently is to trade their dinars with the banks for USD to purchase medicines, computers, Pepsi, and other good that are not manufactured in Iraq. So, they must continue to purchase using USD until they change their rate to an internationally recognized and accepted currency...the auctions serve two purposes: it allows for import purchases...as well as drawn in more notes from the citizens. Will this change after the RI...you bet! But for now, this is the necessary process in order to continue international trade to provide what Iraqi's need to live. All IMO.
5-14-2021 Intel Guru MarkZ [Can we negotiate rates?] ...My sources say all the rates are set. I believe this to be true...
5-14-2021 Intel Guru Frank26 [Guru] Walkingstick and I shared with you that they have a date...and it is solid. It's not a date that's going to jump around all over the place. It is written in titanium. Remember that? So when I was talking with I-Team they said look at the 20th. We're looking for the CBI to do something...it's immovable...it's solid...I-Team tells me almost the same exact words that Walkingstick told me almost 2 months ago. They overlap with each other. I told you, 'In the near proximal future.' - this date that they have that is carved in titanium. Apparently now is immovable and solid as well too...IOO.
5-14-2021 Intel/Newshound Guru Holly ...We are very close, I still see ...1 - 2 more weeks when the release happens just so you have realistic expectations...
5-14-2021 Newshound/Intel Guru Mnt Goat ...I can tell everyone with complete and utmost assurance that there is NOT going to be an RV anytime soon unless the CBI announces going ahead with the project to delete the zeros. They have not. I know they are planning it and working out the details but the economy and other issues, such as the move to increase the reserves are standing in the way...They...need the Iraq constitution FULLY implemented. That means HCL and the Article 140 referendum that the constitution calls for. But not just written but passed in parliament and implemented successfully. Yes, these are the obstacles. We know that both of these referendums are in parliament being reviewed but not yet voted on.
5-14-2021 Newshound Guru MilitiaMan Article: "Saleh assures the Saudi delegation the importance of strengthening bilateral relations and the role of Iraq in consolidating the security of the region" This is a big deal and it looks like they have agreed on many things. Security and Stability are a couple items, as are the economy and investments... Oh, I like this... Bring on the MECHANISM!!! ~ imo.
5-13-2021 Intel/Newshound Guru Holly We must keep cool heads at all times as it is so frustrating if you let your emotions control you on this ride. Stay detached from the hype and expectations it’s happening “now”. It will happen, it is happening just way slower than those out there keep saying...It’s a slow roll out. Rest assured the process has started...
5-13-2021 Intel Guru Frank26 The Iraqi Stock Exchange and the Erbil Stock Exchange, oh my gosh they've been hot! It's been going on since right around December and January...IMO all of this 'hotness' really has been propped up. Artificial. It's under the pretense that Iraq is about to raise the value of its currency...if they don't go International. If they don't increase the rate of their currency, all this market activity with the ISX and ESX will just crash. 1930 has nothing on what can happen to Iraq if they don't raise the value of their currency and go Article VIII.
5-13-2021 Intel Guru Bruce [via WiserNow] ...we did have an increase in rates – on the front screen...Remember when Dr Shabibi talked about the Dinar...what the dinar could support in dollars – remember?? It is way – well above that now – and the dong is right there with it - very close - I think within 5-6% - of the dinar...And we knew that was supposed to be the case because they were trading partners and so that’s very good news...the rates are terrific – and far better than we thought they would be – far better...
5-13-2021 Newshound Guru MilitiaMan More interest in the dinar in relationship to the stock exchange is very heavy. I think that's an indicator that investors around the world are getting excited and having to put money where their mouth is. The country of Iraq knows that.
5-13-2021 Newshound Guru Pimpy The people in Iraq rising up going after the politician Maliki who is backed by Iran - that to me is good. The fact that oil prices are up is great. The fact that the deficit is already taken care of this early into the year is awesome news. Biden expending the declaration of emergency that's not good. That sends a really bad message...there's a lot of good things going on but there's also a lot of bad. You should be aware of all of them...we are super pumped about the oil prices going up...
5-13-2021 Intel Guru Frank26 The rate is not waiting for anything. It is done...just because you can't see it doesn't mean it's not occurring. But you can see the evidence of it. Look at all the articles...you tell me that this country is not international. Look at their banking structures...that is an international status for the banks of Iraq...
5-13-2021 Newshound/Intel Guru Petra Article: "The government will provide all conditions for the success of investment in Iraq" What does that mean? In order to have success with investment you have to have a tradable currency. You've got to have mechanisms by which that currency can be tracked and traded internationally. i.e. BUNA. We have the Prime Minister himself coming out and saying ALL CONDITIONS for the success of investment in Iraq. That IMO was a huge statement...
5-13-2021 Intel Guru Bruce [via WiserNow] ...I believe that we are ready to get started...sources are basically quiet – We have heard from a few banks in the last few days but it is kind of a situation where we know this is coming and now it’s time to be quiet – that is what I am getting - from various sources – and I hope that we are right there ready to receive notifications...it is amazing to think of how close we really are...
5-13-2021 Intel Guru Frank26 The Iraqi Stock Exchange and the Erbil Stock Exchange, oh my gosh they've been hot! It's been going on since right around December and January...IMO all of this 'hotness' really has been propped up. Artificial. It's under the pretense that Iraq is about to raise the value of its currency...if they don't go International. If they don't increase the rate of their currency, all this market activity with the ISX and ESX will just crash. 1930 has nothing on what can happen to Iraq if they don't raise the value of their currency and go Article VIII.
5-13-2021 Intel Guru Bruce [via WiserNow] ...we did have an increase in rates – on the front screen...Remember when Dr Shabibi talked about the Dinar...what the dinar could support in dollars – remember?? It is way – well above that now – and the dong is right there with it - very close - I think within 5-6% - of the dinar...And we knew that was supposed to be the case because they were trading partners and so that’s very good news...the rates are terrific – and far better than we thought they would be – far better...
5-13-2021 Newshound Guru MilitiaMan More interest in the dinar in relationship to the stock exchange is very heavy. I think that's an indicator that investors around the world are getting excited and having to put money where their mouth is. The country of Iraq knows that.
5-13-2021 Newshound Guru Pimpy The people in Iraq rising up going after the politician Maliki who is backed by Iran - that to me is good. The fact that oil prices are up is great. The fact that the deficit is already taken care of this early into the year is awesome news. Biden expending the declaration of emergency that's not good. That sends a really bad message...there's a lot of good things going on but there's also a lot of bad. You should be aware of all of them...we are super pumped about the oil prices going up...
5-13-2021 Intel Guru Frank26 The rate is not waiting for anything. It is done...just because you can't see it doesn't mean it's not occurring. But you can see the evidence of it. Look at all the articles...you tell me that this country is not international. Look at their banking structures...that is an international status for the banks of Iraq...
5-13-2021 Newshound/Intel Guru Petra Article: "The government will provide all conditions for the success of investment in Iraq" What does that mean? In order to have success with investment you have to have a tradable currency. You've got to have mechanisms by which that currency can be tracked and traded internationally. i.e. BUNA. We have the Prime Minister himself coming out and saying ALL CONDITIONS for the success of investment in Iraq. That IMO was a huge statement...
5-13-2021 Intel Guru Bruce [via WiserNow] ...I believe that we are ready to get started...sources are basically quiet – We have heard from a few banks in the last few days but it is kind of a situation where we know this is coming and now it’s time to be quiet – that is what I am getting - from various sources – and I hope that we are right there ready to receive notifications...it is amazing to think of how close we really are...
5-12-2021 Newshound/Intel Guru Mnt Goat My contact in the CBI told me that late week that leading political figures along with the IMF met with the Central Bank to plan out how to conduct the project to delete the zeros. So, we know they are now considering moving ahead with the project and funding it.
5-11-2021 Newshound Guru MilitiaMan Article: "The Parliamentary Finance Committee revealed, on Tuesday, a Kurdish delegation's visit to Baghdad ." Quote: "The mission of the delegation that will visit Baghdad is to agree on the mechanism for implementing Article 11 of the Federal Budget Law." I imagine they will have a mechanism front and center right after Eid A - Fitr. ...The mechanism, i.e., an exchange rate is or may be calculated based over time and averaging, in some cases, imo...Regardless the topic is the mechanism and that my friends is a big deal! They want to know what rate at which to calculate now...imo...I'll bet once they see the mechanism they'll be dancing in the streets...lol imo...me too...ha!
5-12-2021 Intel Guru Frank26 You have to try your best to understand there is a difference between "passed" and "activated". Yes the budget is passed but it is not activated because it does not have the exchange rate...
5-12-2021 Newshound Guru Pimpy Article: "Biden extends the "state of emergency" in Iraq and Syria for another year" What does that mean? That's Biden's way of saying to the international community, 'Be careful going into Iraq . I wouldn't invest there. It's not stable yet.' He's still saying they're in a state of emergency. That's what this means. It isn't good.
5-12-2021 Newshound Guru MilitiaMan Article: "Al-Kazemi refers to an "unprecedented" security coordination between Baghdad and Erbil: it will curb terrorist attacks" Quote: "Baghdad is now in the final stage of approving and distributing the budget sections, and Kurdistan's share will soon reach Erbil." The kurdistan share is to reach Erbil... There is enough support now that they should have smooth sailing... They have plenty of resources to cover a very healthy and strong currency...imo
5-12-2021 Newshound/Intel Guru Petra We have the BUNA activity on the 6th. We now have the ISX closing until the 23rd. That is a Sunday. That is the first opportunity for trading after 'clearing the books', the first opportunity if the CBI wanted to be vocal - This is all theory. This is all opinion. But they could around the 20th come out with some sort of announcement of a mechanism that could change the world for Iraq...They are clearly working quickly towards the conclusion...it's getting really clear to me that the future is before us.
5-12-2021 Intel Guru MarkZ [Why hasn’t Iraq revalued yet?] I believe Iraq has done everything they need to do…i believe they have not revalued yet because they need to pull the trigger with the GCR to take advantage of the gold treaty and get a higher value. At the same time my contacts on the ground in Iraq say that if the GCR doesn’t happen soon Iraq is going to go without them…go solo…and deal with a lower value.
5-12-2021 Intel Guru Frank26 The first quarter is where we felt the process...phase 1, 2 and 3 were being done. They were accomplished IMO...we feel deep in our hearts in that first quarter they accomplished all 15 items. These items are actually being implemented/activated...all these things you have seen with us that have been passed and accomplished...they are waiting for just one thing...the rate.
5-12-2021 Newshound/Intel Guru Mnt Goat Remember a year ago when politicians came forward and told us that they could not do the “project to delete the zeros” because of the issue of funding the project. Of course, back then we didn’t believe this nonsense either but oil was at a decade long low, so we backed off on too much criticism. But what about now? Now oil is hovering between $60-70 and they budgeted at $45. Oil is projected to reach maybe $80-90 this summer. What will Iraq do with all this money? Will they seize the opportunity to finally rebuild their country and bring in the investors?
5-12-2021 Newshound Guru MilitiaMan Lets see if they iron out the kinks this week. The Government bears the responsibility in paying dues, yet, lets see what do, as they have a political agreement to sort things out. Even the pressure from SA is noticeable...They would be wise to not have another meeting about investments unless of course they meet over the successes from the outcome, that is to come from them...imo. Everyone in the ME and around the world is watching and waiting for them to set the terms (mechanism) for international trade...imo...It is coming.
5-11-2021 Newshound Guru MilitiaMan Article: "The Parliamentary Finance Committee revealed, on Tuesday, a Kurdish delegation's visit to Baghdad ." Quote: "The mission of the delegation that will visit Baghdad is to agree on the mechanism for implementing Article 11 of the Federal Budget Law." I imagine they will have a mechanism front and center right after Eid A - Fitr. ...The mechanism, i.e., an exchange rate is or may be calculated based over time and averaging, in some cases, imo...Regardless the topic is the mechanism and that my friends is a big deal! They want to know what rate at which to calculate now...imo...I'll bet once they see the mechanism they'll be dancing in the streets...lol imo...me too...ha!
5-12-2021 Intel Guru Frank26 You have to try your best to understand there is a difference between "passed" and "activated". Yes the budget is passed but it is not activated because it does not have the exchange rate...
5-12-2021 Newshound Guru Pimpy Article: "Biden extends the "state of emergency" in Iraq and Syria for another year" What does that mean? That's Biden's way of saying to the international community, 'Be careful going into Iraq . I wouldn't invest there. It's not stable yet.' He's still saying they're in a state of emergency. That's what this means. It isn't good.
5-12-2021 Newshound Guru MilitiaMan Article: "Al-Kazemi refers to an "unprecedented" security coordination between Baghdad and Erbil: it will curb terrorist attacks" Quote: "Baghdad is now in the final stage of approving and distributing the budget sections, and Kurdistan's share will soon reach Erbil." The kurdistan share is to reach Erbil... There is enough support now that they should have smooth sailing... They have plenty of resources to cover a very healthy and strong currency...imo
5-12-2021 Newshound/Intel Guru Petra We have the BUNA activity on the 6th. We now have the ISX closing until the 23rd. That is a Sunday. That is the first opportunity for trading after 'clearing the books', the first opportunity if the CBI wanted to be vocal - This is all theory. This is all opinion. But they could around the 20th come out with some sort of announcement of a mechanism that could change the world for Iraq...They are clearly working quickly towards the conclusion...it's getting really clear to me that the future is before us.
5-12-2021 Intel Guru MarkZ [Why hasn’t Iraq revalued yet?] I believe Iraq has done everything they need to do…i believe they have not revalued yet because they need to pull the trigger with the GCR to take advantage of the gold treaty and get a higher value. At the same time my contacts on the ground in Iraq say that if the GCR doesn’t happen soon Iraq is going to go without them…go solo…and deal with a lower value.
5-12-2021 Intel Guru Frank26 The first quarter is where we felt the process...phase 1, 2 and 3 were being done. They were accomplished IMO...we feel deep in our hearts in that first quarter they accomplished all 15 items. These items are actually being implemented/activated...all these things you have seen with us that have been passed and accomplished...they are waiting for just one thing...the rate.
5-12-2021 Newshound/Intel Guru Mnt Goat Remember a year ago when politicians came forward and told us that they could not do the “project to delete the zeros” because of the issue of funding the project. Of course, back then we didn’t believe this nonsense either but oil was at a decade long low, so we backed off on too much criticism. But what about now? Now oil is hovering between $60-70 and they budgeted at $45. Oil is projected to reach maybe $80-90 this summer. What will Iraq do with all this money? Will they seize the opportunity to finally rebuild their country and bring in the investors?
5-12-2021 Newshound Guru MilitiaMan Lets see if they iron out the kinks this week. The Government bears the responsibility in paying dues, yet, lets see what do, as they have a political agreement to sort things out. Even the pressure from SA is noticeable...They would be wise to not have another meeting about investments unless of course they meet over the successes from the outcome, that is to come from them...imo. Everyone in the ME and around the world is watching and waiting for them to set the terms (mechanism) for international trade...imo...It is coming.
5-11-2021 Intel Guru MarkZ [via PDK] [They have had years to "fix" the hardware issues...] If you think about it – it makes sense…they are trying to make a Quantum, world class computer system work with a lot of computers in a lot of different countries that were out of date before space shuttles… old stuff…..I can imagine it is a logistic nightmare. But I am told they are quickly getting it handled and are very close to done...
[reference MarkZ post 5-11-2021]
5-11-2021 Newshound Guru MilitiaMan The ISX clearing is very important because it 'closes out the books' clearing all trade and doing it at a time frame where they have a convergence...They closed the stock exchange on the 10th and it's not going to open again till the 23rd...there's a time frame where the banks close one more time during that ten day period, which is on or around the 20th which is a Thursday...so if you have that in mind and you think that they are setting the stage for something we could see a time frame where the stock exchange is...ushering in the new...the Central Bank could be very vocal. And that's what we're hoping for.
5-11-2021 Newshound/Intel Guru Petra We are seeing a formation. I think we're driving toward a point where this thing is coming to fruition...This whole meeting [BIS and PTB] was about the imminent launch of Iraq on the BUNA platform. It was last Thursday which was the sixth. Three days later they reminded us again of what that meeting was all about. That's part of educating the citizens IOO. That is something very very important as we continue to roll down this timeline... Today they come out and say ISX is closed until May 23rd due to IED and also covid. I call it convenient covid...they need this time to settle the books...
5-11-2021 Newshound/Intel Guru Mnt Goat Iraq is filthy rich...If they could only get the political scene straightened and get rid of the corruption that is stealing their wealth, the nation of Iraq could flourish to unbelievable heights. We read this period of an existence of a surplus in oil revenues of $7 billion, at a minimum, at the end of last month. Then the Parliamentary Oil and Energy Committee in Iraq announced that the accumulated sums from the “petrodollar” fund for previous years are estimated at $25 billion. Oil companies desire to come into Iraq and drill yet more wells to pump yet more oil. Then the World Gold Council announced, on Sunday, that Iraq possesses more than 96 tons of gold in reserves. WOW! What wealth! But the most important point today is this – Why is Iraq telling us this today at this time?
5-11-2021 Intel Guru MarkZ [via PDK] I am told there are still some hardware issues…but that we are still sitting in a very good and very comfortable position…and that we are still very close…The hardware issues are when they try to transfer money. They are quickly working to correct it. They hope to be up and running any moment now and definitely this week.
5-11-2021 Intel Guru Frank26 They are going to raise the value of their currency...articles are casting a shadow of the evidence that they're raising the value of their currency and that's all there is to it. I know you want it like this [Snap] but you can't do that to yourself. This is the Middle East for crying out loud...
5-11-2021 Newshound Guru Pimpy Article: "The government succeeded in filling the deficit gap and facing the recession within a year" That is great news. The deficit is being taken care of. Thank goodness for higher oil prices...remember I told you guys we were looking for other signs - good signs that we just don't have to rely on the RV/RI announcement. There are other indicators out there that will tell you that the value of the dinar would go up. The fact that they're taking care of their deficits - this is good. Making more money than was anticipated - this is good...this is what you want to see.
[reference MarkZ post 5-11-2021]
5-11-2021 Newshound Guru MilitiaMan The ISX clearing is very important because it 'closes out the books' clearing all trade and doing it at a time frame where they have a convergence...They closed the stock exchange on the 10th and it's not going to open again till the 23rd...there's a time frame where the banks close one more time during that ten day period, which is on or around the 20th which is a Thursday...so if you have that in mind and you think that they are setting the stage for something we could see a time frame where the stock exchange is...ushering in the new...the Central Bank could be very vocal. And that's what we're hoping for.
5-11-2021 Newshound/Intel Guru Petra We are seeing a formation. I think we're driving toward a point where this thing is coming to fruition...This whole meeting [BIS and PTB] was about the imminent launch of Iraq on the BUNA platform. It was last Thursday which was the sixth. Three days later they reminded us again of what that meeting was all about. That's part of educating the citizens IOO. That is something very very important as we continue to roll down this timeline... Today they come out and say ISX is closed until May 23rd due to IED and also covid. I call it convenient covid...they need this time to settle the books...
5-11-2021 Newshound/Intel Guru Mnt Goat Iraq is filthy rich...If they could only get the political scene straightened and get rid of the corruption that is stealing their wealth, the nation of Iraq could flourish to unbelievable heights. We read this period of an existence of a surplus in oil revenues of $7 billion, at a minimum, at the end of last month. Then the Parliamentary Oil and Energy Committee in Iraq announced that the accumulated sums from the “petrodollar” fund for previous years are estimated at $25 billion. Oil companies desire to come into Iraq and drill yet more wells to pump yet more oil. Then the World Gold Council announced, on Sunday, that Iraq possesses more than 96 tons of gold in reserves. WOW! What wealth! But the most important point today is this – Why is Iraq telling us this today at this time?
5-11-2021 Intel Guru MarkZ [via PDK] I am told there are still some hardware issues…but that we are still sitting in a very good and very comfortable position…and that we are still very close…The hardware issues are when they try to transfer money. They are quickly working to correct it. They hope to be up and running any moment now and definitely this week.
5-11-2021 Intel Guru Frank26 They are going to raise the value of their currency...articles are casting a shadow of the evidence that they're raising the value of their currency and that's all there is to it. I know you want it like this [Snap] but you can't do that to yourself. This is the Middle East for crying out loud...
5-11-2021 Newshound Guru Pimpy Article: "The government succeeded in filling the deficit gap and facing the recession within a year" That is great news. The deficit is being taken care of. Thank goodness for higher oil prices...remember I told you guys we were looking for other signs - good signs that we just don't have to rely on the RV/RI announcement. There are other indicators out there that will tell you that the value of the dinar would go up. The fact that they're taking care of their deficits - this is good. Making more money than was anticipated - this is good...this is what you want to see.
5-10-2021 Intel Guru Okie_Oil_Man I'm still here hoping and praying...as long as I'm physically able to land this plane.
5-10-2021 Intel/Newshound Guru Holly it was a quiet weekend. ...We have to wait to see if everything...on the GCR side etc is moved where the rv can be released. More news will be coming in today...Never, ever give up!
5-10-2021 Intel Guru RayRen98 [...RAY - SHARE THE RATES...SAME OR CHANGES - INDICATE IF THERE ARE...] NO CHANGES ...DONG . 47...DINAR 3.23...ON SCREENS...
5-10-2021 Intel Guru MarkZ [via PDK] I am really hearing some great things…hang tight as this should be a phenomenal week. The chatter is exceptional right now…there is good potential this week...I am excited but remember that nobody knows the exact timing...
5-10-2021 Intel Guru Texas Snake Not 100% confirmation as yet, but [...exchange banker is being told that] many things look very positive for a certain day next week [this week of Mon 10 May forward, •••our guy added any day from about mid-week to end of the week•••] ...This will be a Shotgun start--I can only go on the information my banker tells me...I have positive indications for this coming week...
5-10-2021 Intel/Newshound Guru Holly it was a quiet weekend. ...We have to wait to see if everything...on the GCR side etc is moved where the rv can be released. More news will be coming in today...Never, ever give up!
5-10-2021 Intel Guru RayRen98 [...RAY - SHARE THE RATES...SAME OR CHANGES - INDICATE IF THERE ARE...] NO CHANGES ...DONG . 47...DINAR 3.23...ON SCREENS...
5-10-2021 Intel Guru MarkZ [via PDK] I am really hearing some great things…hang tight as this should be a phenomenal week. The chatter is exceptional right now…there is good potential this week...I am excited but remember that nobody knows the exact timing...
5-10-2021 Intel Guru Texas Snake Not 100% confirmation as yet, but [...exchange banker is being told that] many things look very positive for a certain day next week [this week of Mon 10 May forward, •••our guy added any day from about mid-week to end of the week•••] ...This will be a Shotgun start--I can only go on the information my banker tells me...I have positive indications for this coming week...
5-9-2021 Intel Guru sheila heard from my one and only source yesterday...they were told there are so many more currency holders than ever thought by PTB...they didn't count on the expanded numbers...I will continue to share as much as I am allowed...just saying it looks really good for next couple of days.
5-9-2021 Intel Guru Frank26 It is going to happen. The process is revealing itself right now of the new small category notes and the new exchange rate. Just because you can't see it doesn't mean it is not happening. With all deep sincerity in my heart I am more than satisfied that it is happening. I wish you well. If you're hurting because you need this money I pray for you...
5-9-2021 Intel Guru Frank26 It is going to happen. The process is revealing itself right now of the new small category notes and the new exchange rate. Just because you can't see it doesn't mean it is not happening. With all deep sincerity in my heart I am more than satisfied that it is happening. I wish you well. If you're hurting because you need this money I pray for you...
5-8-2021 Newshound Guru MilitiaMan It is very clear they are gearing to interlink globally via land, sea and air...All borders, ports and airports will have codes for all goods. A requirement for Article 8 and or WTO ascension. imo ~ They are obviously educating everyone in the matter. The most important at this level are the those 200 banks, as they clear money globally... They all have a need to know and at the same time. They got the message...This is very very very exciting times imo! [post 2 of 2]
5-8-2021 Newshound Guru MilitiaMan Article: "Ports call for accelerating electronic transformation" This has been a work in progress for years. They have not just started this. They have been hard at this for many years. Now it is effectively go time...We know the IMF, UN, World Bank, Bank of international Settlements, etc have a pulse in the on goings in the monetary reforms and digital transformation that Iraq is presenting to the world now. [post 1 of 2....stay tuned]
5-8-2021 Intel/Newshound Guru Holly ...Enjoy your weekend as this coming week looks like the final release for the rv side might happen... Never, ever give up!
5-8-2021 Intel Guru Frank26 We're looking for, what we call 'chatter' from the CBI and the GOI...It's not hard for the IQD to de-peg from the American dollar because the IQD's assets and natural resources simply embarrass the American dollar...
5-8-2021 Newshound/Intel Guru Mnt Goat Article: "THE GOVERNOR OF THE CENTRAL BANK DETERMINES THE STEPS FOR DEVELOPING THE FINANCIAL AND BANKING SECTOR" Quote: "He also urged banks to digitally transform the services provided by opening accounts remotely, and using applications such as mobile phone applications and internet banking services, in accordance with international best practices.”
5-8-2021 Newshound Guru MilitiaMan Article: "THE ARAB MONETARY FUND (AMF) HOLDS A VIRTUAL WORKSHOP TO DISCUSS BUNA’S COMPLIANCE STANDARDS AND INFORMATION SECURITY CERTIFICATION" ...The country of Iraq is going smart tech now. Just as the borders are too. They are now already catching the pilfering of funds. That is not going to be allowed anymore. They are to nip that in the bud, pronto...They are going to the internet for international accounts. Article: "The International Islamic Bank launches a new service" They'll need imo an international rate when all is ready, set, go.. imo. That appears to be underway and on many levels. Even King Salman has granted license for ITB to open branches in the Kingdom...imo.
5-8-2021 Newshound Guru MilitiaMan Article: "Ports call for accelerating electronic transformation" This has been a work in progress for years. They have not just started this. They have been hard at this for many years. Now it is effectively go time...We know the IMF, UN, World Bank, Bank of international Settlements, etc have a pulse in the on goings in the monetary reforms and digital transformation that Iraq is presenting to the world now. [post 1 of 2....stay tuned]
5-8-2021 Intel/Newshound Guru Holly ...Enjoy your weekend as this coming week looks like the final release for the rv side might happen... Never, ever give up!
5-8-2021 Intel Guru Frank26 We're looking for, what we call 'chatter' from the CBI and the GOI...It's not hard for the IQD to de-peg from the American dollar because the IQD's assets and natural resources simply embarrass the American dollar...
5-8-2021 Newshound/Intel Guru Mnt Goat Article: "THE GOVERNOR OF THE CENTRAL BANK DETERMINES THE STEPS FOR DEVELOPING THE FINANCIAL AND BANKING SECTOR" Quote: "He also urged banks to digitally transform the services provided by opening accounts remotely, and using applications such as mobile phone applications and internet banking services, in accordance with international best practices.”
5-8-2021 Newshound Guru MilitiaMan Article: "THE ARAB MONETARY FUND (AMF) HOLDS A VIRTUAL WORKSHOP TO DISCUSS BUNA’S COMPLIANCE STANDARDS AND INFORMATION SECURITY CERTIFICATION" ...The country of Iraq is going smart tech now. Just as the borders are too. They are now already catching the pilfering of funds. That is not going to be allowed anymore. They are to nip that in the bud, pronto...They are going to the internet for international accounts. Article: "The International Islamic Bank launches a new service" They'll need imo an international rate when all is ready, set, go.. imo. That appears to be underway and on many levels. Even King Salman has granted license for ITB to open branches in the Kingdom...imo.
5-7-2021 Newshound/Intel Guru Petra Article: "Ziad Khalaf: The Iraqi Summit For Digital Transformation Is A Gateway To The Country's Development" This is key: "the direct cooperation between the Central Bank of Iraq and the providers of electronic lift services has contributed to the consolidation of the electronic payment infrastructure, in terms of the database, governance rules and instructions, and local and international compliance. He pointed out that the companies licensed by the Central Bank, Visa and MasterCard, and the two operators were able to support most banks in issuing international cards and portraying the reality of electronic payment services." Key words: consolidation, infrastructure, governance, local AND INTERNATIONAL compliance, INTERNATIONAL cards...etc. Really a huge article and note...this meeting is in the past!! IMO...
5-7-2021 Intel Guru Bruce [via WiserNow] ...it’s been a little quiet this week...to be completely candid I really thought today was going to open us up for notifications... they would start to release today...we had been informed we were in the process of getting notified by email and also with the toll free numbers to get our appointments set to start exchanges... I am hearing one source saying – we should have that by Sunday another source is talking about by Monday and another one by Monday afternoon... We know the rates have been high for about at least 4-5 days now and I think they are going to stay high...I can’t think of anything else that needs to happen - do not worry about Ramadan...do not worry about EID or any other holiday – over in Iraq – it will not affect our start – in any way...
5-7-2021 Intel Guru MarkZ [via PDK] The news is all over…We are getting “Minute to Minute” …today, tomorrow, This weekend…Monday...Everyone is excited and frothing at the bit…hard to pick things out because of all the smoke right now. Best bet is to stay calm and let it all play out. At this point they have cried wolf so often..when it does happen nobody will believe it!!!
5-7-2021 Intel Guru Frank26 If you look at the CBI website everyday and you say to yourself, 'Oh, my goodness they just announced that they de-pegged from the American dollar...!' You should get excited...contracts and the budget are both waiting for a new exchange rate...
5-7-2021 Newshound Guru Pimpy We already know they're implementing their white papers. We already know they're underway into this new budget. I know there's supposed to be some amendments but you got one group saying that's not going to be amended, others saying that they're hoping for it. We'll keep an eye on this. Oil prices continue to go up. This really benefits Iraq in a lot of different ways as long as they invest the money into opening the private sector...I know they're saying no supplementary budget but I'm thinking there will be one...
5-7-2021 Newshound/Intel Guru Petra ... More articles discussing France and China engagements (contracts) all are telling a very exciting story for the strength growing daily of the IQD...Many more articles... demonstrate that Iraq is getting financially stronger and truly getting their house in order under the direction of the IMF/WB/UST...
5-7-2021 Intel Guru Bruce [via WiserNow] ...it’s been a little quiet this week...to be completely candid I really thought today was going to open us up for notifications... they would start to release today...we had been informed we were in the process of getting notified by email and also with the toll free numbers to get our appointments set to start exchanges... I am hearing one source saying – we should have that by Sunday another source is talking about by Monday and another one by Monday afternoon... We know the rates have been high for about at least 4-5 days now and I think they are going to stay high...I can’t think of anything else that needs to happen - do not worry about Ramadan...do not worry about EID or any other holiday – over in Iraq – it will not affect our start – in any way...
5-7-2021 Intel Guru MarkZ [via PDK] The news is all over…We are getting “Minute to Minute” …today, tomorrow, This weekend…Monday...Everyone is excited and frothing at the bit…hard to pick things out because of all the smoke right now. Best bet is to stay calm and let it all play out. At this point they have cried wolf so often..when it does happen nobody will believe it!!!
5-7-2021 Intel Guru Frank26 If you look at the CBI website everyday and you say to yourself, 'Oh, my goodness they just announced that they de-pegged from the American dollar...!' You should get excited...contracts and the budget are both waiting for a new exchange rate...
5-7-2021 Newshound Guru Pimpy We already know they're implementing their white papers. We already know they're underway into this new budget. I know there's supposed to be some amendments but you got one group saying that's not going to be amended, others saying that they're hoping for it. We'll keep an eye on this. Oil prices continue to go up. This really benefits Iraq in a lot of different ways as long as they invest the money into opening the private sector...I know they're saying no supplementary budget but I'm thinking there will be one...
5-7-2021 Newshound/Intel Guru Petra ... More articles discussing France and China engagements (contracts) all are telling a very exciting story for the strength growing daily of the IQD...Many more articles... demonstrate that Iraq is getting financially stronger and truly getting their house in order under the direction of the IMF/WB/UST...
5-6-2021 Newshound/Intel Guru Mnt Goat All of this recent news is VERY good. It could not get any better other than announcing the RV...Everyone needs to remember that I do have some contacts in the CBI and I am going to be able to let you at least 48-72 hours prior to the activity happening. Also I will be able to give a “reasonable” target date for the RV event and I will back it up with proof & FACTS, not just rumors.
5-6-2021 Newshound Guru Pimpy A lot of chitter-chatter and diplomacy going on between the United States...centered on Iraq. Iraq is the hub of the Middle East there's no doubt about it...there's tons of articles about the meeting between the United States and Iraq as well as with Kurdistan...and what they need to do to strengthen relationships with Iraq...I'm more than positive they're talking most likely what to do with Iran...
5-6-2021 Intel Guru MarkZ [via PDK] I got an update from a number of banking contacts this morning and they are – what they call “The highest level of stand-by” right now. They are very hopeful that they have worked through all their logistics and they are more excited today than they have been the last couple of weeks. And that’s saying something because they have been quite excited the last couple of weeks...they are hopeful that they could see it today if all continues to go as well as last night did.
5-6-2021 Intel Guru Bruce [via WiserNow] ...we have had people ask – if there was a list of wealth managers - the answer is “No” - there is no list – first of all Wealth Managers work for different banks...the wealth management side of it – is something you will get familiar with at the exchange – I expect you to be introduced – possibly to one or two wealth managers but it is a “follow-up” type appointment - it is a follow-up appointment / visit – with that wealth team...you will have plenty of time to find the wealth manager that you can get along with and resonate with...
5-6-2021 Intel Guru Frank26 The Unpegging of the American dollar from the Iraqi dinar will allow the 1 to 1 rate domestically and will allow the 1 to 1 rate to leave Iraq and go into the international community where it's going to float...the day that I see the Iraqi dinar has been unpegged it may be like 3 seconds and then we'll see the new rate...more than likely IMO...the moment you see the CBI talking about unpegging, holy cow, hold on tight.
5-6-2021 Newshound Guru Pimpy I know somebody out there in the YouTube sphere told everybody that there was an in-country rate change which is not true...
5-6-2021 Newshound/Intel Guru Mnt Goat Article: "ACTIVATING THE ECONOMIC ACTIVITIES OF IRAQ" Quote: "...activating economic activity between Iraq and the major economic blocs, is one of the things that contribute to activating economic activities, by investing in advanced technology for investment companies and transferring them to the country." All good signs that Iraqi is moving ahead not backwards.
5-6-2021 Newshound Guru Pimpy A lot of chitter-chatter and diplomacy going on between the United States...centered on Iraq. Iraq is the hub of the Middle East there's no doubt about it...there's tons of articles about the meeting between the United States and Iraq as well as with Kurdistan...and what they need to do to strengthen relationships with Iraq...I'm more than positive they're talking most likely what to do with Iran...
5-6-2021 Intel Guru MarkZ [via PDK] I got an update from a number of banking contacts this morning and they are – what they call “The highest level of stand-by” right now. They are very hopeful that they have worked through all their logistics and they are more excited today than they have been the last couple of weeks. And that’s saying something because they have been quite excited the last couple of weeks...they are hopeful that they could see it today if all continues to go as well as last night did.
5-6-2021 Intel Guru Bruce [via WiserNow] ...we have had people ask – if there was a list of wealth managers - the answer is “No” - there is no list – first of all Wealth Managers work for different banks...the wealth management side of it – is something you will get familiar with at the exchange – I expect you to be introduced – possibly to one or two wealth managers but it is a “follow-up” type appointment - it is a follow-up appointment / visit – with that wealth team...you will have plenty of time to find the wealth manager that you can get along with and resonate with...
5-6-2021 Intel Guru Frank26 The Unpegging of the American dollar from the Iraqi dinar will allow the 1 to 1 rate domestically and will allow the 1 to 1 rate to leave Iraq and go into the international community where it's going to float...the day that I see the Iraqi dinar has been unpegged it may be like 3 seconds and then we'll see the new rate...more than likely IMO...the moment you see the CBI talking about unpegging, holy cow, hold on tight.
5-6-2021 Newshound Guru Pimpy I know somebody out there in the YouTube sphere told everybody that there was an in-country rate change which is not true...
5-6-2021 Newshound/Intel Guru Mnt Goat Article: "ACTIVATING THE ECONOMIC ACTIVITIES OF IRAQ" Quote: "...activating economic activity between Iraq and the major economic blocs, is one of the things that contribute to activating economic activities, by investing in advanced technology for investment companies and transferring them to the country." All good signs that Iraqi is moving ahead not backwards.
5-5-2021 Intel Guru MarkZ [via PDK] [Does this time really feel different from other times we were close?] Absolutely…massive difference…even in Iraq . Before they did not have a legal framework in place or had not been forgiven by many countries on their debt. They are not waiting for anything now but being tied to the gold standard.
5-5-2021 Newshound/Intel Guru Mnt Goat I will tell you one thing for sure we can’t count on Ramadan as a target to let the RV happen. We never could...Every year we hear the same old crap...“Ramadan is the holiday of giving, so the CBI is going to give the people the revaluation.” ...This is pure speculation...with NO FACTS to back it up...Just so you know Ramadan began in mid-April and so where is the RV? The upcoming Eid al-Fitr holiday is May 12 to Sunday May 19 and nothing is planned for an RV by the CBI. Don’t you think they would have announced some plan by now to educate the people, if this was the case?
5-5-2021 Intel Guru Frank26 You know that there is a massive campaign coming. But before that happens, the process, the steps that are occurring are extremely important...the Iraqi dinar right now is pegged to the American dollar...one of the things that's in this process is the Iraqi dinar has to un-peg from the American dollar...You want an international rate? That's why they have to un-peg in order for the the dinar to leave the country at 1 to 1 and then peg to the American dollar inside a basket...
5-5-2021 Intel Guru Bruce [via WiserNow] ...there’s not a whole lot of information to bring...where we were on last Thursday... was in an anticipation for something to happen this week – Now I hate the banned phrase - “This is the week” or even “This is the weekend” – because I remember we were told this was going to be the weekend last weekend – for things to happen...We thought they had the green light last weekend – but there is no evidence of it at this point – so it’s a little bit of a hurry up and wait...There is not a whole lot that we need except notifications...we’re just waiting to be notified...It’s possible we get notified tomorrow – It’s possible!!
5-5-2021 Intel/Newshound Guru Holly Per Frank26... He said it is happening. He has a list of 14 things that he said they are working on that require the rate change such as contracts. He also mentioned tourism and a couple of others. I think his big message was that Iraq will depeg from the dollar. When that happens the rate will be 1:1 in country and will float internationally. He said he was very comfortable that it is happening.
5-5-2021 Intel Guru MarkZ [via PDK] [I heard the RV should happen by the 17th.] Most of my banking contacts say no later than that. But they are disappointed they did not see it last night. They very much expected it over night last night. Bankers had a lot of anticipation for last night that I did not share with you all…but, there is a mad push to be done by mid-May.
5-5-2021 Newshound/Intel Guru Mnt Goat Article: "PROVINCE’S INVESTMENT: ANBAR INTERNATIONAL AIRPORT WILL BE THE LARGEST IN IRAQ" like I said before, the plans for Iraq is for a central hub of commerce and trade. We see it slowly taking place. Airports are big in this vision for Iraq.
5-5-2021 Intel Guru Frank26 Everyone says, 'Oh, no this dinar is not a taxable item.' Really? When did you ever see Uncle Sam tell you, 'You can go ahead, earn money and keep it all.' Never. Don't be naive. Don't go for that hopium that other places are telling you, 'Oh, you never have to pay taxes on it..' It's all lies. I told you before Biden became president... everything he tells you about taxation is lies. And sure enough...ta-da...Now after he's become president he's going to destroy you financially...you need to defend yourself... [NOTE: At the appropriate time for you, consult your financial and tax professionals about your unique financial situation.]
5-5-2021 Newshound Guru MilitiaMan There is plenty of data out from prominent economists...of recent mentioned clearly...that there is...a focus on the matter and that the HCL needs to be sorted and quickly... Digitization will have that taken care of. A level playing field with the smart technology initiative in mind will set this in motion quite quickly. At least it sure looks that way!!! All the work to date shows me that they are not stopping...
5-5-2021 Newshound/Intel Guru Mnt Goat I will tell you one thing for sure we can’t count on Ramadan as a target to let the RV happen. We never could...Every year we hear the same old crap...“Ramadan is the holiday of giving, so the CBI is going to give the people the revaluation.” ...This is pure speculation...with NO FACTS to back it up...Just so you know Ramadan began in mid-April and so where is the RV? The upcoming Eid al-Fitr holiday is May 12 to Sunday May 19 and nothing is planned for an RV by the CBI. Don’t you think they would have announced some plan by now to educate the people, if this was the case?
5-5-2021 Intel Guru Frank26 You know that there is a massive campaign coming. But before that happens, the process, the steps that are occurring are extremely important...the Iraqi dinar right now is pegged to the American dollar...one of the things that's in this process is the Iraqi dinar has to un-peg from the American dollar...You want an international rate? That's why they have to un-peg in order for the the dinar to leave the country at 1 to 1 and then peg to the American dollar inside a basket...
5-5-2021 Intel Guru Bruce [via WiserNow] ...there’s not a whole lot of information to bring...where we were on last Thursday... was in an anticipation for something to happen this week – Now I hate the banned phrase - “This is the week” or even “This is the weekend” – because I remember we were told this was going to be the weekend last weekend – for things to happen...We thought they had the green light last weekend – but there is no evidence of it at this point – so it’s a little bit of a hurry up and wait...There is not a whole lot that we need except notifications...we’re just waiting to be notified...It’s possible we get notified tomorrow – It’s possible!!
5-5-2021 Intel/Newshound Guru Holly Per Frank26... He said it is happening. He has a list of 14 things that he said they are working on that require the rate change such as contracts. He also mentioned tourism and a couple of others. I think his big message was that Iraq will depeg from the dollar. When that happens the rate will be 1:1 in country and will float internationally. He said he was very comfortable that it is happening.
5-5-2021 Intel Guru MarkZ [via PDK] [I heard the RV should happen by the 17th.] Most of my banking contacts say no later than that. But they are disappointed they did not see it last night. They very much expected it over night last night. Bankers had a lot of anticipation for last night that I did not share with you all…but, there is a mad push to be done by mid-May.
5-5-2021 Newshound/Intel Guru Mnt Goat Article: "PROVINCE’S INVESTMENT: ANBAR INTERNATIONAL AIRPORT WILL BE THE LARGEST IN IRAQ" like I said before, the plans for Iraq is for a central hub of commerce and trade. We see it slowly taking place. Airports are big in this vision for Iraq.
5-5-2021 Intel Guru Frank26 Everyone says, 'Oh, no this dinar is not a taxable item.' Really? When did you ever see Uncle Sam tell you, 'You can go ahead, earn money and keep it all.' Never. Don't be naive. Don't go for that hopium that other places are telling you, 'Oh, you never have to pay taxes on it..' It's all lies. I told you before Biden became president... everything he tells you about taxation is lies. And sure enough...ta-da...Now after he's become president he's going to destroy you financially...you need to defend yourself... [NOTE: At the appropriate time for you, consult your financial and tax professionals about your unique financial situation.]
5-5-2021 Newshound Guru MilitiaMan There is plenty of data out from prominent economists...of recent mentioned clearly...that there is...a focus on the matter and that the HCL needs to be sorted and quickly... Digitization will have that taken care of. A level playing field with the smart technology initiative in mind will set this in motion quite quickly. At least it sure looks that way!!! All the work to date shows me that they are not stopping...
5-4-2021 Newshound Guru Jeff Article: "Oil continues to rise and Brent is touching $67 a barrel" Iraq has not gotten any loans recently. They don't have to get loans now. They have plenty of money from the oil surplus. Now that they have a surplus of money...they technically don't have to change the rate either. They have plenty of money coming in now...the Central Bank told you they've implemented the reforms at the current rate of 1460...
5-4-2021 Intel Guru BobTheTaxMan For me...having the opportunity to create any business I want. To be able to buy my home. To be able to have the freedom to vote and to participate in what's going on in my world. That's the American dream. America has that. We have the freedom to do so much more - the rest of the world cannot do...In the tax game you can win. It can be a win for you, the government, your tax preparer but to do it you have to understand how to play the game. Once you understand that you've got freedom. [post 2 of 2] [NOTE: At the appropriate time for you, consult your financial and tax professionals about your unique financial situation.]
5-4-2021 Intel Guru BobTheTaxMan One of the blessings that we have living in the country that we live in [USA] is that they understand the value of free-enterprise. Small businesses, less than 50 employees, make up the majority of the money that flows through our system. People think that big money and big government are the ones that have control. To a certain extent yeah that true...but why do they call it coming to America and living the dream? ...What is the American dream? [post 1 of 2....stay tuned]
5-4-2021 Intel Guru MarkZ [via PDK] I am told we are still in a holding pattern. They have had a tough time getting proper transfers between all of the banking centers as they make sure that all is in perfect working order before they release it. I am being told right now that we are waiting for the “electronic handshakes” and to make sure nobody can abscond with your funds. That is what I have heard since yesterday. None of us know the timing…but is [it?] will happen.
5-4-2021 Intel Guru Frank26 The monetary reform is a process...it's not [Snap fingers] instantly...There are many steps to the monetary reform. But the thing is...it is being unveiled. It is being unraveled. It is being implemented and you can see it because we told you a couple weeks ago you're going to see leaks...there's a lot of 'chatter'...'chatter' is a military term...it's filed under intel. It's a form of communication that's intercepted... you see the chatter. I told you it was "leaks". The leaks is the chatter...you need to be patient because it's right in front of you...these steps are coming out one at a time...
5-4-2021 Intel/Newshound Guru Holly We are into about a week of the slow rollout. Everything is funded locked and loaded...More whales have been called in. This is a great sign things are progressing and it’s just a matter of time before it gets to us. This week or next week. So far no delays or obstruction has happened.
5-4-2021 Newshound Guru Breitling There's ways so the IRS wins and you win and you're not paying this huge tax burden. You've got to educate yourself in order to play that game correctly...Remember in the United States you have representation...[if] you want to take a big pile of your IQD at whatever rate it comes in at with no representation...it's a no-no. You can't imagine the trouble you're gonna walk into... [Post 2 of 2] [NOTE: At the appropriate time for you, consult your financial and tax professionals about your unique financial situation.]
5-4-2021 Newshound Guru Breitling The way our tax system is structured - if you go to Ireland it's less tax, there's certain little tax havens but what you don't realize is none of those countries have what we call loopholes...there's things you qualify for to get tax brakes. This is what people don't understand...there's a million ways to get around it. That's the secret. That's what's laughable. People who don't have corporations and they get money taken right out of their paycheck, they have no say. Those are the ones that get hurt. There's ways to be compliant. [Post 1 of 2....stay tuned] [NOTE: At the appropriate time for you, consult your financial and tax professionals about your unique financial situation.]
5-4-2021 Newshound Guru Kaperoni ...There is no slow, calculated roll out or GCR...If and when there are laws in place to support a market economy and foreign investment comes in Iraq the CBI will float the dinar, but not until then.
5-4-2021 Intel Guru BobTheTaxMan For me...having the opportunity to create any business I want. To be able to buy my home. To be able to have the freedom to vote and to participate in what's going on in my world. That's the American dream. America has that. We have the freedom to do so much more - the rest of the world cannot do...In the tax game you can win. It can be a win for you, the government, your tax preparer but to do it you have to understand how to play the game. Once you understand that you've got freedom. [post 2 of 2] [NOTE: At the appropriate time for you, consult your financial and tax professionals about your unique financial situation.]
5-4-2021 Intel Guru BobTheTaxMan One of the blessings that we have living in the country that we live in [USA] is that they understand the value of free-enterprise. Small businesses, less than 50 employees, make up the majority of the money that flows through our system. People think that big money and big government are the ones that have control. To a certain extent yeah that true...but why do they call it coming to America and living the dream? ...What is the American dream? [post 1 of 2....stay tuned]
5-4-2021 Intel Guru MarkZ [via PDK] I am told we are still in a holding pattern. They have had a tough time getting proper transfers between all of the banking centers as they make sure that all is in perfect working order before they release it. I am being told right now that we are waiting for the “electronic handshakes” and to make sure nobody can abscond with your funds. That is what I have heard since yesterday. None of us know the timing…but is [it?] will happen.
5-4-2021 Intel Guru Frank26 The monetary reform is a process...it's not [Snap fingers] instantly...There are many steps to the monetary reform. But the thing is...it is being unveiled. It is being unraveled. It is being implemented and you can see it because we told you a couple weeks ago you're going to see leaks...there's a lot of 'chatter'...'chatter' is a military term...it's filed under intel. It's a form of communication that's intercepted... you see the chatter. I told you it was "leaks". The leaks is the chatter...you need to be patient because it's right in front of you...these steps are coming out one at a time...
5-4-2021 Intel/Newshound Guru Holly We are into about a week of the slow rollout. Everything is funded locked and loaded...More whales have been called in. This is a great sign things are progressing and it’s just a matter of time before it gets to us. This week or next week. So far no delays or obstruction has happened.
5-4-2021 Newshound Guru Breitling There's ways so the IRS wins and you win and you're not paying this huge tax burden. You've got to educate yourself in order to play that game correctly...Remember in the United States you have representation...[if] you want to take a big pile of your IQD at whatever rate it comes in at with no representation...it's a no-no. You can't imagine the trouble you're gonna walk into... [Post 2 of 2] [NOTE: At the appropriate time for you, consult your financial and tax professionals about your unique financial situation.]
5-4-2021 Newshound Guru Breitling The way our tax system is structured - if you go to Ireland it's less tax, there's certain little tax havens but what you don't realize is none of those countries have what we call loopholes...there's things you qualify for to get tax brakes. This is what people don't understand...there's a million ways to get around it. That's the secret. That's what's laughable. People who don't have corporations and they get money taken right out of their paycheck, they have no say. Those are the ones that get hurt. There's ways to be compliant. [Post 1 of 2....stay tuned] [NOTE: At the appropriate time for you, consult your financial and tax professionals about your unique financial situation.]
5-4-2021 Newshound Guru Kaperoni ...There is no slow, calculated roll out or GCR...If and when there are laws in place to support a market economy and foreign investment comes in Iraq the CBI will float the dinar, but not until then.
5-3-2021 Newshound Guru MilitiaMan The AMF tells us the valuation of the AAD is 3x SDR / IMF. They don’t get specific from what I see. What I have seen is them give values of loans in USD terms whereby, one can do the math based [on] the value and come up with an exchange rate. If I recall accurately there were loans to Tunisia a couple years ago that amounted to over $4.00 USD. Even today 3x SDR is over that... As of Friday the SDR at the IMF is over $1.43+... If they keep to what the AMF has for the AAD, we can have an idea what to look for into the future. Imo...We know from what we have been told they are not floating the currency. Thus, to be stable they’ll need a strong and stable exchange rate for to do that. To defend a currency at a low rate can be far to risky. The stronger it is the better and easier it is to defend imo.
5-3-2021 Intel Guru MarkZ [via PDK] [IS IRAQ KICKING THE CAN?...] it does not appear the can has been kicked…even with missiles being lobbed from Iran to Iraq and our bases there…it does not appear anything is being kicked.
5-3-2021 Newshound Guru MilitiaMan ...[Saturday] was to be a day where the Iraq Trade Bank was to start the Interconnectivity of digital Dinar and the Dollar. If that connectivity has in fact been put in place electronically, then it would seem that the ISX will need the same ability electronically. If they are opening to the world and they are imo, the borders crossings are already waiting and ready...It surely has been a remarkable amount of progress to get this far. I agree with many there is no turning back.
5-3-2021 Intel Guru MarkZ [via PDK] I am hearing there was some pretty decent progress over the weekend...I reached out to banking contacts especially in the Mideast…I had heard there was some transfer issues moving large blocks of money over the weekend…that is what I am being told is our delay. …I am hearing a lot of chatter about this week guys. Keep in mind that we don’t know the timing…but there sure is a lot of good static right now. Hopefully by tomorrow morning I will have a much better idea of where we are at.
5-3-2021 Intel Guru BobTheTaxMan Question: "Should I take my IQD to a foreign country so I can avoid the Biden Tax?" There are two countries in the world that if you attempt to negate or move your finances out of that country...can stick you with 50% of what you own. One of them is [United States of] America and the other one is North Korea. When you're an American citizen you're playing the game. You've got a blessing for being an American citizen but that blessing has a cost to it. And the cost is taxes... [NOTE: At the appropriate time for you, consult your financial and tax professionals about your unique financial situation.]
5-3-2021 Newshound Guru Breitling I think people associate time, they're like 'Oh my god I've been in this thing a certain amount of time so this isn't good.' That's completely untrue. I told you guys form the beginning this is not a get rich quick scheme. This is a country and countries move at a slower pace. There's been a couple windows of opportunity for them to revalue. I don't know maybe that gets into people's heads like, 'That's negative.' No! It's all positive.
5-3-2021 Newshound Guru MilitiaMan The list of things accomplished now is powerful. E-Government is in place. E-Commerce is in place. Electronic borders for fees, taxes, customs, etc., are all set and ready to go. E-Payments and settlements...done...ready to go...Digital Dinar and Dollar were to have Interconnectivity yesterday with and through the Iraq Trade Bank...I can presume that is done...Financial inclusion is done.. The ITB also has the full support of the USA, as does the Central Bank of Iraq. So we can see that by all those items, there is not much left to do other than adjust the exchange rate to meet international standards...We are in a very powerful place and no one should be discouraged. I sure am not!
5-3-2021 Intel Guru MarkZ [via PDK] [IS IRAQ KICKING THE CAN?...] it does not appear the can has been kicked…even with missiles being lobbed from Iran to Iraq and our bases there…it does not appear anything is being kicked.
5-3-2021 Newshound Guru MilitiaMan ...[Saturday] was to be a day where the Iraq Trade Bank was to start the Interconnectivity of digital Dinar and the Dollar. If that connectivity has in fact been put in place electronically, then it would seem that the ISX will need the same ability electronically. If they are opening to the world and they are imo, the borders crossings are already waiting and ready...It surely has been a remarkable amount of progress to get this far. I agree with many there is no turning back.
5-3-2021 Intel Guru MarkZ [via PDK] I am hearing there was some pretty decent progress over the weekend...I reached out to banking contacts especially in the Mideast…I had heard there was some transfer issues moving large blocks of money over the weekend…that is what I am being told is our delay. …I am hearing a lot of chatter about this week guys. Keep in mind that we don’t know the timing…but there sure is a lot of good static right now. Hopefully by tomorrow morning I will have a much better idea of where we are at.
5-3-2021 Intel Guru BobTheTaxMan Question: "Should I take my IQD to a foreign country so I can avoid the Biden Tax?" There are two countries in the world that if you attempt to negate or move your finances out of that country...can stick you with 50% of what you own. One of them is [United States of] America and the other one is North Korea. When you're an American citizen you're playing the game. You've got a blessing for being an American citizen but that blessing has a cost to it. And the cost is taxes... [NOTE: At the appropriate time for you, consult your financial and tax professionals about your unique financial situation.]
5-3-2021 Newshound Guru Breitling I think people associate time, they're like 'Oh my god I've been in this thing a certain amount of time so this isn't good.' That's completely untrue. I told you guys form the beginning this is not a get rich quick scheme. This is a country and countries move at a slower pace. There's been a couple windows of opportunity for them to revalue. I don't know maybe that gets into people's heads like, 'That's negative.' No! It's all positive.
5-3-2021 Newshound Guru MilitiaMan The list of things accomplished now is powerful. E-Government is in place. E-Commerce is in place. Electronic borders for fees, taxes, customs, etc., are all set and ready to go. E-Payments and settlements...done...ready to go...Digital Dinar and Dollar were to have Interconnectivity yesterday with and through the Iraq Trade Bank...I can presume that is done...Financial inclusion is done.. The ITB also has the full support of the USA, as does the Central Bank of Iraq. So we can see that by all those items, there is not much left to do other than adjust the exchange rate to meet international standards...We are in a very powerful place and no one should be discouraged. I sure am not!
5-2-2021 Intel Guru BobTheTaxMan I've been telling this for years now, when it's time you're going to interview 6 attorneys, 6 CPAs and 6 financial advisors. Why? 1. It's going to slow you down! You don't have to fall into that impulse. 2. When you have a conversation with professionals they are going to give you more of an education...you're going to have clarity. With clarity comes peace. And you're going to be able to handle this income that's coming in your direction in a way that's going to serve you for a long, long time. Be peaceful. Things are good. It's all happening...There's nothing here to be afraid of. Nothing... [post 2 of 2]
5-2-2021 Intel Guru BobTheTaxMan When this thing does come to fruition and it will...one of the first things everybody is going to do is going to experience an emotion...based deeply in fear and partially in greed. The first thing everyone is gonna want to do is they're gonna be afraid and they're gonna go cash in their IQD and they're gonna get hit with the biggest taxes they can possibly get clobbered with. [post 1 of 2....stay tuned]
5-2-2021 Newshound Guru MilitiaMan ...For the Dinar and Dollar to be interconnected electronically this weekend per an article is a big deal, imo. The USA has told the Iraq Trade Bank that we will support you during and after the process of electronic paring of the USD and IQD. The USA did the same for the CBI, for supporting them along the way as well. The country of Iraq has Financial Inclusion (E-Gov, E-Commerce, E-Banking, E-Currency, salaries, payments, settlements, etc.) and that also goes for the region that represents the AMF. We know the Taxes, Fees, Customs, etc., are ready electronically now at the borders, too. They said that accomplishment was a first time ever!!...JPM has gamed a deal with the UST to clear the USD electronically on the BUNA platform owned by the AMF. That platform is an electronic clearing system. All these things took years to accomplish! It is quite clear they are gearing to show their hand...I like it Big Time!
5-2-2021 Newshound Guru Breitling Is Iraq SWIFT compliant yet? No they are not. But here's the thing. They don't need to be SWIFT compliant to add value to their currency. They just don't. Not every country is on the SWIFT system. Would it help? Absolutely. One of the things if Iraq really wants to get into the SWIFT system is to correct the value of its currency...until Iraq adds value to its currency they're not going to be in the SWIFT system. When you see language that Iraq wants to be in the SWIFT system you've got to be happy because they know they need to add value to it...Iraq wants to be part of the SWIFT system...
5-2-2021 Newshound/Intel Guru Petra The budget is legal. It's been printed in the Gazette. It's enforced. It's done...We're all excited. There's chatter. There's stuff going on. I think we should see something here soon...I know it's a broken record but you know we don't control it. I wish we did we could be done...
5-2-2021 Intel Guru Frank26 Somebody's buying time in Iraq. It's almost comical. It's every week we see 'okay, let's postpone this.' Postpone this my gluteus!...but there are a lot of things moving and happening... "chatter" that's a key word...there's a lot of chatter...we're dealing with the financial inclusion. I love it because we also have the budget law. We have all the things that are necessary to get this rate going now...this is serious. None of these things have ever been before in front of our eyes...I do not call it financial inclusion. I call it financial conclusion...
5-2-2021 Newshound Guru Militiaman That devaluation that they did is actually in a sense creating value if they drop the 3 zeros because 1480 when you drop 3 zeros off its $1.48 for instance but if you go to 1500 [it] equals $1.50. The citizens in essence even though they are probably going to be looking like they're getting hammered by inflation and the devaluation, in the end/long run if they do drop the zeros and they have it at that rate they make more money IMO...
5-2-2021 Intel Guru BobTheTaxMan When this thing does come to fruition and it will...one of the first things everybody is going to do is going to experience an emotion...based deeply in fear and partially in greed. The first thing everyone is gonna want to do is they're gonna be afraid and they're gonna go cash in their IQD and they're gonna get hit with the biggest taxes they can possibly get clobbered with. [post 1 of 2....stay tuned]
5-2-2021 Newshound Guru MilitiaMan ...For the Dinar and Dollar to be interconnected electronically this weekend per an article is a big deal, imo. The USA has told the Iraq Trade Bank that we will support you during and after the process of electronic paring of the USD and IQD. The USA did the same for the CBI, for supporting them along the way as well. The country of Iraq has Financial Inclusion (E-Gov, E-Commerce, E-Banking, E-Currency, salaries, payments, settlements, etc.) and that also goes for the region that represents the AMF. We know the Taxes, Fees, Customs, etc., are ready electronically now at the borders, too. They said that accomplishment was a first time ever!!...JPM has gamed a deal with the UST to clear the USD electronically on the BUNA platform owned by the AMF. That platform is an electronic clearing system. All these things took years to accomplish! It is quite clear they are gearing to show their hand...I like it Big Time!
5-2-2021 Newshound Guru Breitling Is Iraq SWIFT compliant yet? No they are not. But here's the thing. They don't need to be SWIFT compliant to add value to their currency. They just don't. Not every country is on the SWIFT system. Would it help? Absolutely. One of the things if Iraq really wants to get into the SWIFT system is to correct the value of its currency...until Iraq adds value to its currency they're not going to be in the SWIFT system. When you see language that Iraq wants to be in the SWIFT system you've got to be happy because they know they need to add value to it...Iraq wants to be part of the SWIFT system...
5-2-2021 Newshound/Intel Guru Petra The budget is legal. It's been printed in the Gazette. It's enforced. It's done...We're all excited. There's chatter. There's stuff going on. I think we should see something here soon...I know it's a broken record but you know we don't control it. I wish we did we could be done...
5-2-2021 Intel Guru Frank26 Somebody's buying time in Iraq. It's almost comical. It's every week we see 'okay, let's postpone this.' Postpone this my gluteus!...but there are a lot of things moving and happening... "chatter" that's a key word...there's a lot of chatter...we're dealing with the financial inclusion. I love it because we also have the budget law. We have all the things that are necessary to get this rate going now...this is serious. None of these things have ever been before in front of our eyes...I do not call it financial inclusion. I call it financial conclusion...
5-2-2021 Newshound Guru Militiaman That devaluation that they did is actually in a sense creating value if they drop the 3 zeros because 1480 when you drop 3 zeros off its $1.48 for instance but if you go to 1500 [it] equals $1.50. The citizens in essence even though they are probably going to be looking like they're getting hammered by inflation and the devaluation, in the end/long run if they do drop the zeros and they have it at that rate they make more money IMO...
5-1-2021 Newshound Guru Breitling I don't see anything bad coming down the road...But they've got to do it correctly...the people that I know who helped set this up (I don't know them personally) they still have dinar. They all have faith in it. I know there's governors, there's senators...they still have it. Whenever this comes down, at what rate, at what pace that's our lot. There's nothing negative here. Don't worry about that...
5-1-2021 Newshound Guru Pimpy A "dirty float or managed float" you let the market determine the value of the currency but if it goes too far one way or the other the bank can intervene and fix it. In other words peg it to something for a second. There's been a lot of talk about the currency. Are they going to free float it? The funny thing is why are they having these types of conversations? If we're being told the rate is going to remain the same for the next 3 to 5 years whey do they have these conversations going on...I'll tell you why. It's because they have no intentions of on keeping this rate fixed for that long. It's just not going to happen... [Post 2 of 2]
5-1-2021 Newshound Guru Pimpy Article "What is the area in which the central bank moves in the area of controlling the currency exchange?" When it's a "free float" then it's up to supply and demand. That means the market decides the value of the exchange. You have a "fixed rate". That's where we are right now. They're telling you right now you get 1460 dinars for every $1. That's a fixed rate. [Post 1 of 2....stay tuned]
5-1-2021 Intel/Newshound Guru Holly Rv News: Contrary to what everyone out there is saying, it is a very slow, calculated roll out. They have the world global settlement side (GCR) and the other side is the RV. Both are being released slowly. It is not a shotgun start. ...You will have another 1-2 more weeks before it gets to our level. So prepare and relax. It is happening for real this time just slower than we all want. Never, ever give up.
5-1-2021 Newshound/Intel Guru Petra There's a pattern here...way too many articles about updating the banking system down to the teller level. It's way too many...we've got all this integration going on. Tellers are being trained...we've got all this banking stuff going on. I mean there's a lot of talk about banking...I love that the governor of the CBI came out this morning and says, 'Hey we're going to get our banks ready to start accepting digital transactions.' Uh, excuse me sir we already know that's been done...I think he's trying to buy time...all these things are lining up...put all these kinds of things together it's pretty exciting...
5-1-2021 Intel Guru Frank26 I'm gonna say roughly about 30 articles today...who are they all from? ...they're from the CBI. Behold the "leaks". This is on purpose from the CBI. You've never seen them talk this much. Today they were parrots on steroids and it's exactly what you want to see...none of this nonsense from parliament...this is all from the FAB 4 not just the CBI. You've got the Arab Monetary Forum. You've got the International Monetary. You've got the World Bank. You've got all Fab 4s there. The only one not there is President Trump. Trust me IMO President Trump is smiling like a Chester Cat right now...
5-1-2021 Intel Guru BobTheTaxMan I know that the interface between all the different banks...hasn't been completed yet. That's something I learned from Warka. That's something they're working on. We also know the infusion of additional cash flowing into Warka is scheduled to come from the CBI but they haven't released it yet. I think part of the reason they're holding it up is because they still don't have a value associated with it correctly. Here we are. It's all moving forward... [post 2 of 2]
5-1-2021 Intel Guru BobTheTaxMan I'm watching the banks. That's my primary interest. What is the CBI doing? How is Warka interfacing? I do have a contact at Warka. I know what the interface looks like and I understand what they are doing. They are working really really hard to get themselves SWIFT compliant. Because once that happens the door opens for more international functionality and business and all those things that make credibility real in that country... [post 1 of 2....stay tuned]
5-1-2021 Intel Guru MarkZ [via PDK] [Are you hearing anything new on the Vietnamese rate?] I am still hearing about $2-$2.25 on the contract rate we should be getting on the dong…. I hope this is accurate.
5-1-2021 Newshound Guru Pimpy A "dirty float or managed float" you let the market determine the value of the currency but if it goes too far one way or the other the bank can intervene and fix it. In other words peg it to something for a second. There's been a lot of talk about the currency. Are they going to free float it? The funny thing is why are they having these types of conversations? If we're being told the rate is going to remain the same for the next 3 to 5 years whey do they have these conversations going on...I'll tell you why. It's because they have no intentions of on keeping this rate fixed for that long. It's just not going to happen... [Post 2 of 2]
5-1-2021 Newshound Guru Pimpy Article "What is the area in which the central bank moves in the area of controlling the currency exchange?" When it's a "free float" then it's up to supply and demand. That means the market decides the value of the exchange. You have a "fixed rate". That's where we are right now. They're telling you right now you get 1460 dinars for every $1. That's a fixed rate. [Post 1 of 2....stay tuned]
5-1-2021 Intel/Newshound Guru Holly Rv News: Contrary to what everyone out there is saying, it is a very slow, calculated roll out. They have the world global settlement side (GCR) and the other side is the RV. Both are being released slowly. It is not a shotgun start. ...You will have another 1-2 more weeks before it gets to our level. So prepare and relax. It is happening for real this time just slower than we all want. Never, ever give up.
5-1-2021 Newshound/Intel Guru Petra There's a pattern here...way too many articles about updating the banking system down to the teller level. It's way too many...we've got all this integration going on. Tellers are being trained...we've got all this banking stuff going on. I mean there's a lot of talk about banking...I love that the governor of the CBI came out this morning and says, 'Hey we're going to get our banks ready to start accepting digital transactions.' Uh, excuse me sir we already know that's been done...I think he's trying to buy time...all these things are lining up...put all these kinds of things together it's pretty exciting...
5-1-2021 Intel Guru Frank26 I'm gonna say roughly about 30 articles today...who are they all from? ...they're from the CBI. Behold the "leaks". This is on purpose from the CBI. You've never seen them talk this much. Today they were parrots on steroids and it's exactly what you want to see...none of this nonsense from parliament...this is all from the FAB 4 not just the CBI. You've got the Arab Monetary Forum. You've got the International Monetary. You've got the World Bank. You've got all Fab 4s there. The only one not there is President Trump. Trust me IMO President Trump is smiling like a Chester Cat right now...
5-1-2021 Intel Guru BobTheTaxMan I know that the interface between all the different banks...hasn't been completed yet. That's something I learned from Warka. That's something they're working on. We also know the infusion of additional cash flowing into Warka is scheduled to come from the CBI but they haven't released it yet. I think part of the reason they're holding it up is because they still don't have a value associated with it correctly. Here we are. It's all moving forward... [post 2 of 2]
5-1-2021 Intel Guru BobTheTaxMan I'm watching the banks. That's my primary interest. What is the CBI doing? How is Warka interfacing? I do have a contact at Warka. I know what the interface looks like and I understand what they are doing. They are working really really hard to get themselves SWIFT compliant. Because once that happens the door opens for more international functionality and business and all those things that make credibility real in that country... [post 1 of 2....stay tuned]
5-1-2021 Intel Guru MarkZ [via PDK] [Are you hearing anything new on the Vietnamese rate?] I am still hearing about $2-$2.25 on the contract rate we should be getting on the dong…. I hope this is accurate.
4-30-2021 Intel/Newshound Guru Holly The word is things are in motion and moving...So just because we do not see it at our level yet does not mean things are not happening. They are happening and it will gain momentum and speed up the process. We are in a place we have never been before so just a little bit longer. The cake has all the ingredients in and it’s in the oven baking.
4-30-2021 Newshound Guru MilitiaMan Article: "Officially...Finance publishes instructions for implementing the 2021 budget" [...TODAY A RAMADAN HOLY DAY THE BUDGET INSTRUCTIONS ARE PUBLISHED... WHAT IS NEEDED THEREFORE TO IMPLEMENT THESE INSTRUCTIONS?...] There are things that will need to be implemented in short order. The MR process has not come this far to not see what we want.
4-30-2021 Intel Guru Bruce [via WiserNow] ...there are certain individuals that I know are on high red alert...anybody that is on a high alert is getting ready to do something – either to be paid or to exchange or both...the best I can tell - they still want to get us started this week – and this week takes us through Saturday...we had heard Thursday or Friday...but now I believe everyone in the community now more or less has added Saturday into the mix... I want to be able to tell you it’s an absolute but you know as well as I do this is one heck of a moving target - we have to track it... most of the banks...have clammed up – they are all quiet – we’re not getting any information at all from our bank sources and some of it is coming from other sources but it’s looking like this thing should happen either [Friday] or Saturday...
4-30-2021 Newshound Guru Breitling Watch policy and guess what? You'll find out this whole thing is clear as a bell. Iraq is going to revalue. They're going to add value to their currency and there is no threat to it...I don't see anything negative going on at all...It's very simple they want to add value to their currency. They're trying to find a way to do it. Remember it's an artificially devalued currency. They need to find a way to maintain the rate they come up with. There's more than one way guys... [Post 2 of 2]
4-30-2021 Newshound Guru Breitling Question: "What are Iraq's currency financial policies?" They're asking this for the sake of IQD. Their [Iraq's] number 1 policy right now is to get companies and countries into Iraq that want to do business and then at the same time they're lowering their debt. That's the one-two punch. You all know they want to add value to their currency... [Post 1 of 2....stay tuned]
4-30-2021 Newshound Guru Pimpy There's good news...Article: "Parliamentary Finance: High oil prices will eliminate the need for loans" That's right clap your hands! Thank God. Seriously. We don't want Iraq taking loans out because then you become beholden to the lender. Whether it's the IMF or the World Bank or China... Quote: "...high oil prices will cover the operating budget deficit without going to internal or external loans." What does this mean? If you're able to cover the deficit, able to get back on track, you're implementing new programs, well maybe you don't need to wait 3, 4, 5 years for a rate change. They're recovering a lot faster than people think. This type of news is good.
4-30-2021 Intel Guru MarkZ [via PDK] The news I am getting since yesterday morning is that more and more groups …mostly church groups and groups tied to the sovereign platforms have been updating paperwork…. I have had a number of reports come in on this yesterday afternoon. I think this is a good sign…they must be hearing things are imminent or they would not be jumping through those hoops. My banking contacts at redemption centers are on call over this weekend.
4-30-2021 Intel Guru Frank26 Don't forget what I told you. You asked God to bless you with this investment. So God says 'Get in the car! I'm going to drive you to the investment.' And you're sitting in the back seat but every 5 seconds you tap on God's shoulder, 'Are we there yet?' And God's like, 'Really?'
4-30-2021 Intel Guru Bruce [via WiserNow] ...We know the QF System is working like a charm...and I think that from a physical point of view everything is set and ready to go – We know that we had rates come in on both the Dinar and Dong at really strong rates... I know a few days ago that they were looking very good and we should be in great shape...
4-30-2021 Newshound Guru Kaperoni Guru sandyf wants to get into a discussion with me about floating the Iraqi dinar...read the IMF Article IV Consultations...quote from the IMF Article IV consultation of 2013: “14. The de facto fixed exchange rate has served Iraq well. The authorities agreed that a stable nominal exchange rate provides a valuable anchor for inflation expectations in an uncertain environment, and intend to continue implementing this policy for the foreseeable future. In the medium term, staff encouraged the authorities to consider creating the conditions which would make possible a move to a more flexible exchange rate policy. Such flexibility could allow a predictable and gradual appreciation of the nominal exchange rate, triggered by strong oil revenues and the Balassa-Samuelson effect, to accommodate a possible real exchange rate appreciation while keeping domestic inflation low.” In plain English the IMF is encouraging Iraq to get off the peg and move to a float to allow a predictable and gradual appreciation over time as the economy grows. They are not talking about devaluation. [reference Guru sandyf post 4-26-2021]
4-30-2021 Newshound Guru MilitiaMan Article: "Officially...Finance publishes instructions for implementing the 2021 budget" [...TODAY A RAMADAN HOLY DAY THE BUDGET INSTRUCTIONS ARE PUBLISHED... WHAT IS NEEDED THEREFORE TO IMPLEMENT THESE INSTRUCTIONS?...] There are things that will need to be implemented in short order. The MR process has not come this far to not see what we want.
4-30-2021 Intel Guru Bruce [via WiserNow] ...there are certain individuals that I know are on high red alert...anybody that is on a high alert is getting ready to do something – either to be paid or to exchange or both...the best I can tell - they still want to get us started this week – and this week takes us through Saturday...we had heard Thursday or Friday...but now I believe everyone in the community now more or less has added Saturday into the mix... I want to be able to tell you it’s an absolute but you know as well as I do this is one heck of a moving target - we have to track it... most of the banks...have clammed up – they are all quiet – we’re not getting any information at all from our bank sources and some of it is coming from other sources but it’s looking like this thing should happen either [Friday] or Saturday...
4-30-2021 Newshound Guru Breitling Watch policy and guess what? You'll find out this whole thing is clear as a bell. Iraq is going to revalue. They're going to add value to their currency and there is no threat to it...I don't see anything negative going on at all...It's very simple they want to add value to their currency. They're trying to find a way to do it. Remember it's an artificially devalued currency. They need to find a way to maintain the rate they come up with. There's more than one way guys... [Post 2 of 2]
4-30-2021 Newshound Guru Breitling Question: "What are Iraq's currency financial policies?" They're asking this for the sake of IQD. Their [Iraq's] number 1 policy right now is to get companies and countries into Iraq that want to do business and then at the same time they're lowering their debt. That's the one-two punch. You all know they want to add value to their currency... [Post 1 of 2....stay tuned]
4-30-2021 Newshound Guru Pimpy There's good news...Article: "Parliamentary Finance: High oil prices will eliminate the need for loans" That's right clap your hands! Thank God. Seriously. We don't want Iraq taking loans out because then you become beholden to the lender. Whether it's the IMF or the World Bank or China... Quote: "...high oil prices will cover the operating budget deficit without going to internal or external loans." What does this mean? If you're able to cover the deficit, able to get back on track, you're implementing new programs, well maybe you don't need to wait 3, 4, 5 years for a rate change. They're recovering a lot faster than people think. This type of news is good.
4-30-2021 Intel Guru MarkZ [via PDK] The news I am getting since yesterday morning is that more and more groups …mostly church groups and groups tied to the sovereign platforms have been updating paperwork…. I have had a number of reports come in on this yesterday afternoon. I think this is a good sign…they must be hearing things are imminent or they would not be jumping through those hoops. My banking contacts at redemption centers are on call over this weekend.
4-30-2021 Intel Guru Frank26 Don't forget what I told you. You asked God to bless you with this investment. So God says 'Get in the car! I'm going to drive you to the investment.' And you're sitting in the back seat but every 5 seconds you tap on God's shoulder, 'Are we there yet?' And God's like, 'Really?'
4-30-2021 Intel Guru Bruce [via WiserNow] ...We know the QF System is working like a charm...and I think that from a physical point of view everything is set and ready to go – We know that we had rates come in on both the Dinar and Dong at really strong rates... I know a few days ago that they were looking very good and we should be in great shape...
4-30-2021 Newshound Guru Kaperoni Guru sandyf wants to get into a discussion with me about floating the Iraqi dinar...read the IMF Article IV Consultations...quote from the IMF Article IV consultation of 2013: “14. The de facto fixed exchange rate has served Iraq well. The authorities agreed that a stable nominal exchange rate provides a valuable anchor for inflation expectations in an uncertain environment, and intend to continue implementing this policy for the foreseeable future. In the medium term, staff encouraged the authorities to consider creating the conditions which would make possible a move to a more flexible exchange rate policy. Such flexibility could allow a predictable and gradual appreciation of the nominal exchange rate, triggered by strong oil revenues and the Balassa-Samuelson effect, to accommodate a possible real exchange rate appreciation while keeping domestic inflation low.” In plain English the IMF is encouraging Iraq to get off the peg and move to a float to allow a predictable and gradual appreciation over time as the economy grows. They are not talking about devaluation. [reference Guru sandyf post 4-26-2021]
4-29-2021 Intel Guru Frank26 Question: "Guru so and so said this is not a capital gains and we're not going to pay any taxes on it." You need to run as fast as you can away from such ignorance. Where have you ever seen that the United States IRS has allowed you to earn money and [said] "don't worry about it. Forget about it. You don't have to pay any taxes." ...Obiden...he is going to hit you with personal taxes...he is going to devastate you... [NOTE: Consult your tax professionals about exchange rate and tax liabilities as it pertains to your unique situation at the appropriate time.]
4-29-2021 Newshound Guru Pimpy Article: "A US warship fires warning shots after 3 Iranian Revolutionary Guard boats approach them in the Gulf" ...This is not good. This is not what we want. We hope this gets nipped in the butt soon...this will affect the currencies over there. Who's going to want to invest in Iraq when Iran continually sends people over to shoot missiles, rocket launches, armed militia members, envoys being attacked. So let's keep an eye on it all...we gotta take the good, the bad and the ugly in any kind of investment. This doesn't look good. It's not good. But it's just a start we'll see if it escalates or if it dies down...
4-29-2021 Intel Guru BobTheTaxMan If you look back at WWI, WWII, Korea. You take a look at all the money that goes back in to rebuild these particular countries because they need to be for the stability of the region...So yes...they're trying to get out from underneath the dollar. Well that makes total sense. They want to have total control of the money that's coming off of their primary economic growing factor which is oil. Well they're going to have to open up that market. They're going to have to change things from where they're at. All the steps are in place... [Post 2 of 2]
4-29-2021 Intel Guru BobTheTaxMan We are in a very unique position with our investment in the IQD. First of all it's considered a very high risk situation because of the nature of that particular environment...yes this is a viable investment, it's definitely been a long-term investment for those who have been around like forever but it is a very viable option. A very viable one...it truly is an investment. And it truly is a viable investment. History has already shown that. [Post 1 of 2]
4-29-2021 Intel Guru MarkZ [via PDK] The chatter is phenominal…Some of my bank contacts think we could see something happen today…
4-29-2021 Newshound Guru Breitling Questions "What's the difference between a revaluation and a reinstatement?" There is no difference. The problem is people are...arguing on the value. Well if they "reinstate it" they'll reinstate it to the highest rate it's ever been - $3.25. That's not true. So it means the same thing. Don't get caught up on or have a debate with someone, 'Oh, there's going to revalue it or they're going to reinstate it.' It's the same thing. They are going to add value you guys. They have to correct it so it's market driven...
4-29-2021 Newshound/Intel Guru Mnt Goat So right now, keeping the dinar segregated within Iraq keeps the dinar low and will continue to keep it low. They must reinstate it and thus re-peg it to give it a new “rate”. The “value” is already high only not being fully realized and suppressed...
4-29-2021 Intel Guru Bruce [via WiserNow] ...they had to pass another law to implement the budget and...it’s just dragging on – it’s not the fault of Iraq – but the fault of them being coerced into going into a certain timeline – that we’ve put them on...But now – they have a rate – and I did get values on the Dinar and it’s really good – and it’s now like ok – when did they announce or implement their budget for 2021? Well – it was...(Monday) morning Iraq time – That was when the budget was actually implemented – we got that from several sources – one of which is one of our guys in Fallujah...Now...it’s one thing to implement the budget but when does the rate have to be brought out internationally? The answer is within 72 hours - of the budget implementation... that would put us at Thursday morning...
4-29-2021 Newshound Guru Pimpy Article: "A US warship fires warning shots after 3 Iranian Revolutionary Guard boats approach them in the Gulf" ...This is not good. This is not what we want. We hope this gets nipped in the butt soon...this will affect the currencies over there. Who's going to want to invest in Iraq when Iran continually sends people over to shoot missiles, rocket launches, armed militia members, envoys being attacked. So let's keep an eye on it all...we gotta take the good, the bad and the ugly in any kind of investment. This doesn't look good. It's not good. But it's just a start we'll see if it escalates or if it dies down...
4-29-2021 Intel Guru BobTheTaxMan If you look back at WWI, WWII, Korea. You take a look at all the money that goes back in to rebuild these particular countries because they need to be for the stability of the region...So yes...they're trying to get out from underneath the dollar. Well that makes total sense. They want to have total control of the money that's coming off of their primary economic growing factor which is oil. Well they're going to have to open up that market. They're going to have to change things from where they're at. All the steps are in place... [Post 2 of 2]
4-29-2021 Intel Guru BobTheTaxMan We are in a very unique position with our investment in the IQD. First of all it's considered a very high risk situation because of the nature of that particular environment...yes this is a viable investment, it's definitely been a long-term investment for those who have been around like forever but it is a very viable option. A very viable one...it truly is an investment. And it truly is a viable investment. History has already shown that. [Post 1 of 2]
4-29-2021 Intel Guru MarkZ [via PDK] The chatter is phenominal…Some of my bank contacts think we could see something happen today…
4-29-2021 Newshound Guru Breitling Questions "What's the difference between a revaluation and a reinstatement?" There is no difference. The problem is people are...arguing on the value. Well if they "reinstate it" they'll reinstate it to the highest rate it's ever been - $3.25. That's not true. So it means the same thing. Don't get caught up on or have a debate with someone, 'Oh, there's going to revalue it or they're going to reinstate it.' It's the same thing. They are going to add value you guys. They have to correct it so it's market driven...
4-29-2021 Newshound/Intel Guru Mnt Goat So right now, keeping the dinar segregated within Iraq keeps the dinar low and will continue to keep it low. They must reinstate it and thus re-peg it to give it a new “rate”. The “value” is already high only not being fully realized and suppressed...
4-29-2021 Intel Guru Bruce [via WiserNow] ...they had to pass another law to implement the budget and...it’s just dragging on – it’s not the fault of Iraq – but the fault of them being coerced into going into a certain timeline – that we’ve put them on...But now – they have a rate – and I did get values on the Dinar and it’s really good – and it’s now like ok – when did they announce or implement their budget for 2021? Well – it was...(Monday) morning Iraq time – That was when the budget was actually implemented – we got that from several sources – one of which is one of our guys in Fallujah...Now...it’s one thing to implement the budget but when does the rate have to be brought out internationally? The answer is within 72 hours - of the budget implementation... that would put us at Thursday morning...
4-28-2021 Intel Guru MarkZ [via PDK] [Do you still think April is our month.] I do but there is a possibility it could be longer...maybe up to 5 more weeks? That is just my opinion.
4-28-2021 Newshound/Intel Guru Mnt Goat This did not make any practical economic sense since on the surface it seemed to go against the laws of economics. But, we have to remember the dinar is still on a de-facto peg to the US dollar and this is part of their dilemma. How to get off this damned peg. We know what they have to do. To reinstate the dinar is to stabilize it. Going to a future basket of currencies to re-peg the Iraq dinar will stabilize it and allow for a controlled free float. This is where the CBI needs to get to. [post 2 of 2]
4-28-2021 Newshound/Intel Guru Mnt Goat We know the paper currency of the large 3 zero notes, now in circulation, are getting to the point of shortages even. They are shrinking the money in circulation for a reason. Remember deflation and an increase in a currency’s “rate” come from shrinking the money supply. Inflation and devaluation come from increasing the money supply thus decreasing the “rate”. So why did the CBI devalue the dinar by increasing the value of the US dollar? This decreased the “rate” of the dinar. Oh…but the money supply does not dictate such a move. So why did the CBI still do it... [post 1 of 2....stay tuned]
4-28-2021 Intel Guru Frank26 ...They tell you that they are going to float it [dinar] outside of Iraq...that means it [the rate] is fixed inside of Iraq... outside [of Iraq] it's going to float. It's called the REER. The Real Effective Exchange Rate...that's where we're at...it's possible it might float past the REER.
4-28-2021 Intel Guru MarkZ [via PDK] I am hearing a lot of interesting things right now…Banking contacts are pointing squarely at Thursday (tomorrow). [Why do your bank connections think tomorrow is the day?] Because everything is in place for things to start tomorrow. Doesn’t means it has to…its just what they are prepping for.
4-28-2021 Newshound Guru Breitling Nobody was counterfeiting the Iraqi currency. Who would do that? It's like going down to Mexico and counterfeiting a peso. It doesn't make any sense. You don't need to worry about that. But if something was to happen. Just for the sake of curiosity. What they simply do is they take it. Would the company you bought it from be responsible for it? No. How would they be responsible for it? I asked this a long time ago...the lawyer was...like no you just get it taken away. You're not going to get into trouble or anything like that...it will just be erased. It won't go into your bank account. [Post 2 of 2]
4-28-2021 Newshound Guru Breitling Question: "What happens when you go to cash out and you have counterfeit currency?" The question is who's responsible for it? Are you responsible for it when you take it to the bank and they find out one of your currencies is a counterfeit? You are not going to have that problem. People aren't counterfeiting the currency that's at a tenth of a penny. It's simply not happening. The problem in Iraq that people don't realize there was a counterfeit problem that they had but what they were doing was they were counterfeiting the U.S. dollar and other currencies and then exchanging it for the Iraqi dinar. [Post 1 of 2....stay tuned]
4-28-2021 Intel/Newshound Guru sandyf Quote from NORV [Guru Kaperoni]: "Sandy needs to read the IMF documents where they specifically talk about Iraq floating the currency." The IMF will always talk about floating the currency, particularly with emerging economies that have financial issues. Flotation is the only way to establish a realistic rate of exchange, it was the IMF that coerced Egypt into a flotation that resulted in a 50% devaluation. I would agree with most of what you say but you are wrong to make out a float would lead to some benefit, it is not a given.
4-28-2021 Newshound/Intel Guru Mnt Goat This did not make any practical economic sense since on the surface it seemed to go against the laws of economics. But, we have to remember the dinar is still on a de-facto peg to the US dollar and this is part of their dilemma. How to get off this damned peg. We know what they have to do. To reinstate the dinar is to stabilize it. Going to a future basket of currencies to re-peg the Iraq dinar will stabilize it and allow for a controlled free float. This is where the CBI needs to get to. [post 2 of 2]
4-28-2021 Newshound/Intel Guru Mnt Goat We know the paper currency of the large 3 zero notes, now in circulation, are getting to the point of shortages even. They are shrinking the money in circulation for a reason. Remember deflation and an increase in a currency’s “rate” come from shrinking the money supply. Inflation and devaluation come from increasing the money supply thus decreasing the “rate”. So why did the CBI devalue the dinar by increasing the value of the US dollar? This decreased the “rate” of the dinar. Oh…but the money supply does not dictate such a move. So why did the CBI still do it... [post 1 of 2....stay tuned]
4-28-2021 Intel Guru Frank26 ...They tell you that they are going to float it [dinar] outside of Iraq...that means it [the rate] is fixed inside of Iraq... outside [of Iraq] it's going to float. It's called the REER. The Real Effective Exchange Rate...that's where we're at...it's possible it might float past the REER.
4-28-2021 Intel Guru MarkZ [via PDK] I am hearing a lot of interesting things right now…Banking contacts are pointing squarely at Thursday (tomorrow). [Why do your bank connections think tomorrow is the day?] Because everything is in place for things to start tomorrow. Doesn’t means it has to…its just what they are prepping for.
4-28-2021 Newshound Guru Breitling Nobody was counterfeiting the Iraqi currency. Who would do that? It's like going down to Mexico and counterfeiting a peso. It doesn't make any sense. You don't need to worry about that. But if something was to happen. Just for the sake of curiosity. What they simply do is they take it. Would the company you bought it from be responsible for it? No. How would they be responsible for it? I asked this a long time ago...the lawyer was...like no you just get it taken away. You're not going to get into trouble or anything like that...it will just be erased. It won't go into your bank account. [Post 2 of 2]
4-28-2021 Newshound Guru Breitling Question: "What happens when you go to cash out and you have counterfeit currency?" The question is who's responsible for it? Are you responsible for it when you take it to the bank and they find out one of your currencies is a counterfeit? You are not going to have that problem. People aren't counterfeiting the currency that's at a tenth of a penny. It's simply not happening. The problem in Iraq that people don't realize there was a counterfeit problem that they had but what they were doing was they were counterfeiting the U.S. dollar and other currencies and then exchanging it for the Iraqi dinar. [Post 1 of 2....stay tuned]
4-28-2021 Intel/Newshound Guru sandyf Quote from NORV [Guru Kaperoni]: "Sandy needs to read the IMF documents where they specifically talk about Iraq floating the currency." The IMF will always talk about floating the currency, particularly with emerging economies that have financial issues. Flotation is the only way to establish a realistic rate of exchange, it was the IMF that coerced Egypt into a flotation that resulted in a 50% devaluation. I would agree with most of what you say but you are wrong to make out a float would lead to some benefit, it is not a given.
4-27-2021 Newshound/Intel Guru Mnt Goat Again, I am telling everyone that the Revaluation and Reinstatement will NOT happen until the oil fortunes of Iraq are secure and the corruption evolving around them is fixed...
4-27-2021 Newshound Guru Samson Article: "Iraq’s 2021 Budget Law Goes into Effect" Quotes: "Iraq’s federal Budget Law for the fiscal year 2021 will go into effect on Monday, April 26, according to an official document."; "It said appealing the articles of the 2021 Budget Law will not delay its implementation."
4-27-2021 Newshound/Intel Guru Mnt Goat Where do we stand right now with the reinstatement? Everyone needs to know there is still a plan still in motion. The plan is multi-faceted and includes the increase in CBI reserves, the stabilization of the security, break off from Iranian and of course the project to delete the zeros. We know that any needed banking reforms, enough to bank with the international arena, have been completed so this is not the banking reforms that are needed.
4-27-2021 Intel Guru MarkZ [via PDK] There is a lot of conjecture that perhaps the delay was the explosion of the hospital in Iraq…I’m not really buying that and think we are right at the edge. Everyone is still in place…. I still believe we are looking at before May 1st. Just looking at everything going on around redemption cites…and people are staying in place and prepared to go at any moment...there is a reason for this…. So that is where we are…on the edge of our seats waiting for “any moment”...
4-27-2021 Intel Guru Frank26 The articles are backing up what we are sharing with you...they are going to start taking about the 3 zero notes - you saw that...it went on for about a week. They're going to start talking about the exchange rate - you saw that. My goodness it's been going on for three weeks now...then we told you they're going to start talking about the fact they need to change the exchange rate. That's where we've been at for I'd say 10 days...
4-27-2021 Newshound/Intel Guru RVAlready Hopefully, the exchanges are off and running before Friday.
4-27-2021 Intel Guru MarkZ [via PDK] I am still being told that from the start date we will have at least 10 days to set our appointments and at least 30 days to exchange. I have been told. If you are traveling you can call from anywhere to set your appointment. Just set your exchange apt in the zip code/area you wish to exchange in.
4-27-2021 Newshound Guru Samson Article: "Iraq’s 2021 Budget Law Goes into Effect" Quotes: "Iraq’s federal Budget Law for the fiscal year 2021 will go into effect on Monday, April 26, according to an official document."; "It said appealing the articles of the 2021 Budget Law will not delay its implementation."
4-27-2021 Newshound/Intel Guru Mnt Goat Where do we stand right now with the reinstatement? Everyone needs to know there is still a plan still in motion. The plan is multi-faceted and includes the increase in CBI reserves, the stabilization of the security, break off from Iranian and of course the project to delete the zeros. We know that any needed banking reforms, enough to bank with the international arena, have been completed so this is not the banking reforms that are needed.
4-27-2021 Intel Guru MarkZ [via PDK] There is a lot of conjecture that perhaps the delay was the explosion of the hospital in Iraq…I’m not really buying that and think we are right at the edge. Everyone is still in place…. I still believe we are looking at before May 1st. Just looking at everything going on around redemption cites…and people are staying in place and prepared to go at any moment...there is a reason for this…. So that is where we are…on the edge of our seats waiting for “any moment”...
4-27-2021 Intel Guru Frank26 The articles are backing up what we are sharing with you...they are going to start taking about the 3 zero notes - you saw that...it went on for about a week. They're going to start talking about the exchange rate - you saw that. My goodness it's been going on for three weeks now...then we told you they're going to start talking about the fact they need to change the exchange rate. That's where we've been at for I'd say 10 days...
4-27-2021 Newshound/Intel Guru RVAlready Hopefully, the exchanges are off and running before Friday.
4-27-2021 Intel Guru MarkZ [via PDK] I am still being told that from the start date we will have at least 10 days to set our appointments and at least 30 days to exchange. I have been told. If you are traveling you can call from anywhere to set your appointment. Just set your exchange apt in the zip code/area you wish to exchange in.
4-26-2021 Newshound Guru Kaperoni Guru Sandy made a comment that I was wrong about Iraq floating the currency. First of all I don't expect them to float it under the current conditions. Secondly, Iraq has a lot to do before they can float (such as passing laws and encouraging foreign investment)...Sandy needs to read the IMF documents where they specifically talk about Iraq floating the currency. And lastly everyone knows with all the numerous articles, floating is what currencies do. Especially with emerging economies. [reference Guru sandyf post 4-26-2021 below]
4-26-2021 Intel Guru MarkZ [via PDK] [Rumor is Shabibi said long ago the dinar rate could go as high as $16.00!...] Dr Shab's…he clearly states it could be in the 16.00 rate…Dr Shabibi is the architect of the Iraqi Dinar RV…this is straight from the horses mouth.
4-26-2021 Intel Guru Frank26 I live outside of Iraq that's why I study the rate that will grow. Not the one that they're going to introduce. And I think it's extremely important that you think in that direction too. You've got to be wise. You can't be a sucker and rush in there and exchange everything at 1 to 1 IMO. I don't care about the rate inside of Iraq. That is the key. I care about the rate outside of Iraq...
4-26-2021 Intel Guru MarkZ [via PDK] ...I am expecting an exciting week...I am hearing Currency redemptions could start on Thursday…I am getting an overwhelming amount of chatter from Redemptions Centers, Paymasters, and group leaders that it is getting fun this week. As I understand it they are going to start setting appointments a couple days out…So as of today and tomorrow we will be watching things very closely... Remember to consider everything a rumor for now…but we sure appear to be close. I can feel it…you can feel the change coming….
4-26-2021 Intel Guru Frank26 Why did you [CBI] raise your reserves from 60 to 90 billion? Why? For a program rate? Really? It would only be because you want to raise the value of your currency...you need to know if your country can sustain these numbers...the telltale sign of going from 60 to 90 should have told you they're going to raise the value of their currency...
4-26-2021 Intel/Newshound Guru sandyf NORV [Guru Kaperoni] is right in that no country could ever revalue in the way suggested, and in particular Iraq. He is also wrong in trying to make out there would be any benefit in floating he currency. No country that has ever been forced into a flotation has gained value in the short term. The guru BS continually refers to Kuwait but that is fake news, there never was any RV in Kuwait. During the occupation Iraq replaced the KWD with the IQD as the national currency. The Central Bank of Kuwait went into exile and continued business as best it could, after the occupation the KWD was reinstated as the national currency at the same value it had before. Anyone interested in what actually happened should read the document "The Impact of the Iraqi Invasion on the Kuwaiti Banking and Financial System: Lessons Learned from a Financial Crisis"
4-26-2021 Intel Guru Frank26 They will soon raise the rate 1 to 1 which is Article 8 which is International status. Leaving at 1460 and they can go international at 1460 is not going to draw any attention to give the currency of Iraq more potential growth...what is extremely important is what happens to the rate internationally from 1 to 1 outside of Iraq for you. You've got to know when to hold'm and when to fold'm...it is the REER (Real Effective Exchange Rate) that you and I seek. We already know it's going to be 1 to 1...they have articles that told us so...the pendulum swing is now going in the direction of the exchange rate that is coming IMO...
4-26-2021 Intel Guru MarkZ [via PDK] [Rumor is Shabibi said long ago the dinar rate could go as high as $16.00!...] Dr Shab's…he clearly states it could be in the 16.00 rate…Dr Shabibi is the architect of the Iraqi Dinar RV…this is straight from the horses mouth.
4-26-2021 Intel Guru Frank26 I live outside of Iraq that's why I study the rate that will grow. Not the one that they're going to introduce. And I think it's extremely important that you think in that direction too. You've got to be wise. You can't be a sucker and rush in there and exchange everything at 1 to 1 IMO. I don't care about the rate inside of Iraq. That is the key. I care about the rate outside of Iraq...
4-26-2021 Intel Guru MarkZ [via PDK] ...I am expecting an exciting week...I am hearing Currency redemptions could start on Thursday…I am getting an overwhelming amount of chatter from Redemptions Centers, Paymasters, and group leaders that it is getting fun this week. As I understand it they are going to start setting appointments a couple days out…So as of today and tomorrow we will be watching things very closely... Remember to consider everything a rumor for now…but we sure appear to be close. I can feel it…you can feel the change coming….
4-26-2021 Intel Guru Frank26 Why did you [CBI] raise your reserves from 60 to 90 billion? Why? For a program rate? Really? It would only be because you want to raise the value of your currency...you need to know if your country can sustain these numbers...the telltale sign of going from 60 to 90 should have told you they're going to raise the value of their currency...
4-26-2021 Intel/Newshound Guru sandyf NORV [Guru Kaperoni] is right in that no country could ever revalue in the way suggested, and in particular Iraq. He is also wrong in trying to make out there would be any benefit in floating he currency. No country that has ever been forced into a flotation has gained value in the short term. The guru BS continually refers to Kuwait but that is fake news, there never was any RV in Kuwait. During the occupation Iraq replaced the KWD with the IQD as the national currency. The Central Bank of Kuwait went into exile and continued business as best it could, after the occupation the KWD was reinstated as the national currency at the same value it had before. Anyone interested in what actually happened should read the document "The Impact of the Iraqi Invasion on the Kuwaiti Banking and Financial System: Lessons Learned from a Financial Crisis"
4-26-2021 Intel Guru Frank26 They will soon raise the rate 1 to 1 which is Article 8 which is International status. Leaving at 1460 and they can go international at 1460 is not going to draw any attention to give the currency of Iraq more potential growth...what is extremely important is what happens to the rate internationally from 1 to 1 outside of Iraq for you. You've got to know when to hold'm and when to fold'm...it is the REER (Real Effective Exchange Rate) that you and I seek. We already know it's going to be 1 to 1...they have articles that told us so...the pendulum swing is now going in the direction of the exchange rate that is coming IMO...
4-25-2021 Newshound Guru Kaperoni Remember, the currency auction was created to not only maintain stability but to provide a source of dollars to merchants in Iraq because the dinar had not been recognized internationally for trading and exchange. Not only the dinar but the financial system in Iraq was completely rebuilt from the ground up. That is why they went into IMF Article XIV. Giving them several years to build confidence and stability prior to accepting Article VIII engaging with the world financial system. We expect the currency auctions to end when they accept IMF Article VIII. They will end the auctions, and begin to float the currency which will contribute to the success/growth of the private sector market economy.
[post 2 of 2]
4-25-2021 Newshound Guru Kaperoni An article...came out from economic adviser Saleh stating Iraq cannot float the dinar because is using the daily currency auctions. He mentions several reason. This is true. They cannot float while they continue to use the currency auctions. Iraq is only one of a few if even that left in the world using a currency auction. Central banks manage their currency by freedom of movement of capital and supply and demand selling blocks of currency to balance the exchange rate on the global financial system. [post 1 of 2.... stay tuned]
4-25-2021 Intel Guru Frank26 The CBI is about to go on a massive advertising campaign about the monetary reform...inside Iraq... television commercials, newspaper ads, billboards...there's going to be CBI workshops. The CBI will rent out big auditoriums, gymnasiums...they'll set up table, 'We'll like to explain to you what's going on.'
4-25-2021 Newshound Guru MilitiaMan This new plan is going to be vastly different in nature from previous era Marshal Plans of the world...The previous were industrial in nature primarily. This one will have and industrial nature of course, but with a new and improved digital component to it...That road is transparency. The new system requires it. The digital world they’ll begin to live with looks to be with the USA help is to go live 05/01/2021 digitally for both Dinar and the Dollar...To do that Interconnectivity is to be international... Article 8 compliant. Cross border payments and settlements for trade require it.. imo... So with having the E-Gov, E- Commerce, E-Borders and new E-Currency we should see an exchange rate change at or before the roll out of the digital playing field they suggest is to roll out May 01. I am very optimistic...Let’s see what the day brings us. imo. [post 2 of 2]
4-25-2021 Newshound Guru MilitiaMan ...with all we know and understand the exchange rate has not thus far gone the direction we have been hoping and praying for. Or has it? ...The powers that be have been working for years to get the country of Iraq to reconstruct and get back to a rightful place in her region and the world. We can see the progress on many fronts over the past 4-5 years now. But more recently we see a laundry list of crucial items (mechanisms) coming together to facilitate the birth of a new nation of Iraq. ...One that is to have an advancement to their internal and external systems like no other possibly in history or at least our life times with or in respect to the “Iraq Marshal Plan”. [post 1 of 2....stay tuned]
4-25-2021 Intel Guru Bruce [via WiserNow] ...there have been over 1100 arrests – in the last several days there – these have been bankers- financial people – Iranian sympathizers - have all been arrested and removed from the scene - this was done in 4 major cities – these arrests needed to happen – and they also I think paved the way for us to move forward – so in other words with that done and the rate for the dinar going into the gazette and being internationally seen on Saturday - I think basically that takes Iraq and we can maybe close the chapter on Iraq...
4-25-2021 Intel Guru Frank26 IMO the budget that...is now going to receive an official exchange rate from a sovereign country that...will be shown to be under Article VIII...you can see very clearly that the action of many countries, many companies...they're casting a shadow of the monetary reform. They're not going to come out and tell you, 'Hey guess what? They told us they're going to raise the value of their currency.' Because they can't. It's illegal to do that...a good forensic detective can walk into a room and tell you basically what's happened in the last 24 hours in that room by interpreting the signs, the clues, the patterns...the monetary reform itself is naked. It's visible...
[post 2 of 2]
4-25-2021 Newshound Guru Kaperoni An article...came out from economic adviser Saleh stating Iraq cannot float the dinar because is using the daily currency auctions. He mentions several reason. This is true. They cannot float while they continue to use the currency auctions. Iraq is only one of a few if even that left in the world using a currency auction. Central banks manage their currency by freedom of movement of capital and supply and demand selling blocks of currency to balance the exchange rate on the global financial system. [post 1 of 2.... stay tuned]
4-25-2021 Intel Guru Frank26 The CBI is about to go on a massive advertising campaign about the monetary reform...inside Iraq... television commercials, newspaper ads, billboards...there's going to be CBI workshops. The CBI will rent out big auditoriums, gymnasiums...they'll set up table, 'We'll like to explain to you what's going on.'
4-25-2021 Newshound Guru MilitiaMan This new plan is going to be vastly different in nature from previous era Marshal Plans of the world...The previous were industrial in nature primarily. This one will have and industrial nature of course, but with a new and improved digital component to it...That road is transparency. The new system requires it. The digital world they’ll begin to live with looks to be with the USA help is to go live 05/01/2021 digitally for both Dinar and the Dollar...To do that Interconnectivity is to be international... Article 8 compliant. Cross border payments and settlements for trade require it.. imo... So with having the E-Gov, E- Commerce, E-Borders and new E-Currency we should see an exchange rate change at or before the roll out of the digital playing field they suggest is to roll out May 01. I am very optimistic...Let’s see what the day brings us. imo. [post 2 of 2]
4-25-2021 Newshound Guru MilitiaMan ...with all we know and understand the exchange rate has not thus far gone the direction we have been hoping and praying for. Or has it? ...The powers that be have been working for years to get the country of Iraq to reconstruct and get back to a rightful place in her region and the world. We can see the progress on many fronts over the past 4-5 years now. But more recently we see a laundry list of crucial items (mechanisms) coming together to facilitate the birth of a new nation of Iraq. ...One that is to have an advancement to their internal and external systems like no other possibly in history or at least our life times with or in respect to the “Iraq Marshal Plan”. [post 1 of 2....stay tuned]
4-25-2021 Intel Guru Bruce [via WiserNow] ...there have been over 1100 arrests – in the last several days there – these have been bankers- financial people – Iranian sympathizers - have all been arrested and removed from the scene - this was done in 4 major cities – these arrests needed to happen – and they also I think paved the way for us to move forward – so in other words with that done and the rate for the dinar going into the gazette and being internationally seen on Saturday - I think basically that takes Iraq and we can maybe close the chapter on Iraq...
4-25-2021 Intel Guru Frank26 IMO the budget that...is now going to receive an official exchange rate from a sovereign country that...will be shown to be under Article VIII...you can see very clearly that the action of many countries, many companies...they're casting a shadow of the monetary reform. They're not going to come out and tell you, 'Hey guess what? They told us they're going to raise the value of their currency.' Because they can't. It's illegal to do that...a good forensic detective can walk into a room and tell you basically what's happened in the last 24 hours in that room by interpreting the signs, the clues, the patterns...the monetary reform itself is naked. It's visible...
4-24-2021 Intel Guru Bruce [via WiserNow] ...so that’s why I think that one last thing could be the dong...obviously this thing is a moving target – we got all excited because we think it’s here – we think everything is done – and there is always that last one thing...all we can do is move forward when the time is there and we get our notifications... yes we thought we have been here before but we have NOT been here before – This is New – and every day that I get 2 or 3 or 5 nuggets of information – I’m excited because the picture puzzle is starting to get more and more complete...I am very encouraged – I can see some light at the end of the tunnel... [post 2 of 2]
4-24-2021 Intel Guru Bruce [via WiserNow] From what we know there was one more thing...the dong – because of the international trading partner relationship with Vietnam and even with Iraq - that rate may come out between 6-8 % below that of the dinar - which is way higher than we thought it would be - that does not mean that it is going to stay there forever – you realize we are getting rates to show up and last for a month or so – before they’re maybe taken down or brought out on par – meaning even with – the USTN or new US Dollar. So for Vietnam to come out with their rate on the dong – we kind of need to have a rate that they can see on the dinar – if they plan to come out between 6 and 8% below that... [post 1 of 2....stay tuned]
4-24-2021 Newshound Guru Jeff ...They told us they want to get the reforms implemented but they really only told us this one time. They talked about it and have not talked about it since. This was April 1st immediately after the budget. Article " Parliamentary Finance expects the exchange rate to remain stable for the coming years" ...Now all the daily articles are coming out telling us that the exchange rate will remain stable where it's at for many years... quote "as it cannot be reduced because the budget is built on it." ...all the article coming out are telling you the rate of 1460 is what is preferred and most suitable for a long period of time for Iraq's economy...
4-24-2021 Intel Guru MarkZ [via PDK] [There was a post saying Okie [Guru Okie_Oil_Man] called and said he received a call and was coming in for a landing.] Yes he did get that call…but he hasn’t landed yet.
4-24-2021 Intel Guru Frank26 The budget is official and the budget is with the 1 to 1 rate...it already exists with a rate of 1 to 1...they're all waiting for the rate...the accounting in the budget is already in the budget and retro back to the first of the year - that's called a rider...it's in there as a mechanism to take the exchange rate of the budget and bring it back to the beginning of the year to cover the whole year for that budget. If there was not a rider like the article say that there is, then they would never have any plans of bringing in a new exchange rate retroactive back to the first...
4-24-2021 Newshound Guru Pimpy Remember I was talking about a free floating currency in Iraq. They're talking about kicking around in the market, let it go on Forex, let it free float. So instead of it being pegged to the U.S. dollar they just let it float. If investors believe Iraq is going to grow they will invest in the currency. It will cause it to go up in value ...the price of a currency is affected by what? Inflation, unemployment, demand, political stability, supply and future prospects...we don't have to wait for an RI or magical RV we can pay attention to these things and watch the currency grow in strengthen...
4-24-2021 Intel Guru Bruce [via WiserNow] Iraq did put their budget in the gazette – the printed version – last Saturday...what’s interesting about the gazette is – it is supposed to come out again on Saturday in print to put it out so that it could be released internationally - and that means even to us - because they’ve sort of released it I think within Iraq – maybe to other countries in the Middle East – trading partners of theirs - Saturday is supposed to bring the gazette out to where even we could see it – that means they should have the budget out – and their rate for the dinar...The rate came out a little under $15 and I don’t know if that is where it will stay for right now but I think they wanted it to be traded up a little higher than that...so that is good news for us...
4-24-2021 Intel Guru Michael Cottrell [via PDK] [What are you thinking on timing…my phone started blowing up yesterday with bankers in anticipation for this weekend.] I don’t know the timing but it looks like it’s going to be close. If you look at Trumps EO 13848. He talks about the National Emergency act goes until May 20, 2021…so I think it’s between now and then. I think its soon.
4-24-2021 Intel Guru Frank26 The CBI and the GOI...Mustafa and Prime Minister Kazemi are going to start a massive campaign of advertisement about the monetary reform in country to the citizens because the massive campaign of the monetary reform has already been done outside of Iraq...all of a sudden you have hundreds maybe even thousands of companies pouring into Iraq. Why? Because they know they'll be protected under Article VIII. Three years ago no body came in. They weren't protected under Article VIII - lifting the value of their currency. But now they're all pouring in. What's the difference? Why are they pouring in this time around?
4-24-2021 Newshound Guru Pimpy Article: "US lifts Vietnam, Switzerland from currency manipulator list" Didn't I tell you once the Obiden administration got back in office, since he takes orders from China and they are all involved in a globalist new world order agenda, don't be surprised if they do nothing...this isn't surprising. For us holding on to Vietnam Dong we're waiting for something to happen about these guys manipulating the prices so they could go ahead and at least increase it [dong] a little bit. Nope. Just like I had told you, you cannot trust the Obiden administration to do anything against a globalist agenda...
4-24-2021 Intel Guru Bruce [via WiserNow] From what we know there was one more thing...the dong – because of the international trading partner relationship with Vietnam and even with Iraq - that rate may come out between 6-8 % below that of the dinar - which is way higher than we thought it would be - that does not mean that it is going to stay there forever – you realize we are getting rates to show up and last for a month or so – before they’re maybe taken down or brought out on par – meaning even with – the USTN or new US Dollar. So for Vietnam to come out with their rate on the dong – we kind of need to have a rate that they can see on the dinar – if they plan to come out between 6 and 8% below that... [post 1 of 2....stay tuned]
4-24-2021 Newshound Guru Jeff ...They told us they want to get the reforms implemented but they really only told us this one time. They talked about it and have not talked about it since. This was April 1st immediately after the budget. Article " Parliamentary Finance expects the exchange rate to remain stable for the coming years" ...Now all the daily articles are coming out telling us that the exchange rate will remain stable where it's at for many years... quote "as it cannot be reduced because the budget is built on it." ...all the article coming out are telling you the rate of 1460 is what is preferred and most suitable for a long period of time for Iraq's economy...
4-24-2021 Intel Guru MarkZ [via PDK] [There was a post saying Okie [Guru Okie_Oil_Man] called and said he received a call and was coming in for a landing.] Yes he did get that call…but he hasn’t landed yet.
4-24-2021 Intel Guru Frank26 The budget is official and the budget is with the 1 to 1 rate...it already exists with a rate of 1 to 1...they're all waiting for the rate...the accounting in the budget is already in the budget and retro back to the first of the year - that's called a rider...it's in there as a mechanism to take the exchange rate of the budget and bring it back to the beginning of the year to cover the whole year for that budget. If there was not a rider like the article say that there is, then they would never have any plans of bringing in a new exchange rate retroactive back to the first...
4-24-2021 Newshound Guru Pimpy Remember I was talking about a free floating currency in Iraq. They're talking about kicking around in the market, let it go on Forex, let it free float. So instead of it being pegged to the U.S. dollar they just let it float. If investors believe Iraq is going to grow they will invest in the currency. It will cause it to go up in value ...the price of a currency is affected by what? Inflation, unemployment, demand, political stability, supply and future prospects...we don't have to wait for an RI or magical RV we can pay attention to these things and watch the currency grow in strengthen...
4-24-2021 Intel Guru Bruce [via WiserNow] Iraq did put their budget in the gazette – the printed version – last Saturday...what’s interesting about the gazette is – it is supposed to come out again on Saturday in print to put it out so that it could be released internationally - and that means even to us - because they’ve sort of released it I think within Iraq – maybe to other countries in the Middle East – trading partners of theirs - Saturday is supposed to bring the gazette out to where even we could see it – that means they should have the budget out – and their rate for the dinar...The rate came out a little under $15 and I don’t know if that is where it will stay for right now but I think they wanted it to be traded up a little higher than that...so that is good news for us...
4-24-2021 Intel Guru Michael Cottrell [via PDK] [What are you thinking on timing…my phone started blowing up yesterday with bankers in anticipation for this weekend.] I don’t know the timing but it looks like it’s going to be close. If you look at Trumps EO 13848. He talks about the National Emergency act goes until May 20, 2021…so I think it’s between now and then. I think its soon.
4-24-2021 Intel Guru Frank26 The CBI and the GOI...Mustafa and Prime Minister Kazemi are going to start a massive campaign of advertisement about the monetary reform in country to the citizens because the massive campaign of the monetary reform has already been done outside of Iraq...all of a sudden you have hundreds maybe even thousands of companies pouring into Iraq. Why? Because they know they'll be protected under Article VIII. Three years ago no body came in. They weren't protected under Article VIII - lifting the value of their currency. But now they're all pouring in. What's the difference? Why are they pouring in this time around?
4-24-2021 Newshound Guru Pimpy Article: "US lifts Vietnam, Switzerland from currency manipulator list" Didn't I tell you once the Obiden administration got back in office, since he takes orders from China and they are all involved in a globalist new world order agenda, don't be surprised if they do nothing...this isn't surprising. For us holding on to Vietnam Dong we're waiting for something to happen about these guys manipulating the prices so they could go ahead and at least increase it [dong] a little bit. Nope. Just like I had told you, you cannot trust the Obiden administration to do anything against a globalist agenda...
4-23-2021 Intel Guru MarkZ [via PDK] [So has the budget been published in the gazette?] yes…its done…The GOI has done what they were supposed to do. Now its up to the CBI to pull the trigger in Iraq...
4-23-2021 Newshound/Intel Guru Petra We're just waiting for that period of time when they say it's time to go. I think one day we're going to wake up and it's going to be there. I think that day is coming to us pretty quick...
4-23-2021 Intel Guru Frank26 I told you, you've got to know when to hold'm and when too fold'm. So many of you are going to run and exchange at 1 to 1. That's your prerogative. IMO that would be a tragic mistake. I wish you well...we're not going to give you any advice. You've got to make those decisions. [NOTE: Finances and investing is based on your specific circumstances. Be sure to consult your professional and trusted financial advisors at the appropriate time.]
4-23-2021 Newshound Guru Pimpy they've spoken about this so many times. It must be for a reason. If they're thinking about floating the currency that means they're going to decouple from the U.S. dollar, which they should and they're going to let the markets determine [the value]. I think anybody could look at Iraq and say look there's a lot of upswing potential...they need stability and security...I told you guys we don't have to wait for a damn RI or RV. There are other things out there we can keep an eye on. That doesn't mean that one won't be announced but I'm saying to you it's more likely we'll see the dinar go up in increments based on the growth...
4-23-2021 Intel Guru MarkZ [via PDK] Well its definitely not a nothing burger today…Bankers started getting notified late yesterday afternoon all over the place. My phone has been blowing up last evening with great expectations. I am waiting on an update from redemption centers. They are in meeting this morning. They were told yesterday to expect to work this weekend. The static that most of the bankers are getting is that something will occur over this weekend. I am excited…I admit but we have been here before so we need to manage our expectations.
4-23-2021 Intel Guru RayRen98 Friday morning...Treasury staff has been "on the ready" around the clock since Wednesday expecting fall-out on Friday. Banks were given the "notice to proceed" last evening after 4:00 PM, Eastern. At least two bank names were given that are supposed to start exchanging today. [post 2 of 2]
4-23-2021 Intel Guru RayRen98 Info received after 8:00 PM, Eastern...[Thursday, 4-22-21] SOME BANK SOURCES ARE GETTING EXCITED, SAY THEY'RE HAVING CONFERENCE CALLS TONIGHT TO MAKE PLANS FOR THIS WEEKEND. TIME WILL TELL!!! SOME BANK STAFF ARE TO REPORT "BEFORE" OPENING HOURS IN THE MORNING. THEY SAY THEY EXPECT THIS TO BE IT! TIME WILL TELL... ANOTHER BANK SOURCE CONFIRMS THEY ARE TO REPORT "BEFORE" OPENING HOURS IN THE MORNING. TIME WILL TELL. I REPORT - U DECIDE. FROM A MEMBER AT 10 PM...MY BANKER SAID HE CAN'T TALK NOW, BUT TO COME IN TOMORROW ASAP! I WILL BE THERE WHEN THEY OPEN. [post 1 of 2....stay tuned]
4-23-2021 Intel Guru Bruce [via WiserNow] ...the latest thing I got ...is that we have the green light to move forward...Now what does the green light mean? ...It is hard to say...it could mean that the path is set for the notifications to go out... we are looking for email notifications to go out as well as the 800 numbers... [Note: Multiple gurus warn of a security risk with 800#s - be cautious since you do not know who is on the other end of the line...You're in the right place here at www.DinarGuru.com - you'll get the good, bad and ugly of 800#s.]
4-23-2021 Newshound Guru MilitiaMan Everything is right here in front of us.
4-23-2021 Intel Guru MarkZ [via PDK] [Pimpy says no 800 numbers or redemption centers?] Maybe Pimpy is just not well informed on this part…I know someone who personally helped set up a couple redemption centers. [Will redemption centers be well known names so we know we are not being duped?] Absolutely…they will be main stream banks and personnel that you will be dealing with when it is redemption time. [Note: Multiple gurus warn of a security risk with 800#s - be cautious since you do not know who is on the other end of the line...You're in the right place here at www.DinarGuru.com - you'll get the good, bad and ugly of 800#s.]
4-23-2021 Newshound/Intel Guru Petra We're just waiting for that period of time when they say it's time to go. I think one day we're going to wake up and it's going to be there. I think that day is coming to us pretty quick...
4-23-2021 Intel Guru Frank26 I told you, you've got to know when to hold'm and when too fold'm. So many of you are going to run and exchange at 1 to 1. That's your prerogative. IMO that would be a tragic mistake. I wish you well...we're not going to give you any advice. You've got to make those decisions. [NOTE: Finances and investing is based on your specific circumstances. Be sure to consult your professional and trusted financial advisors at the appropriate time.]
4-23-2021 Newshound Guru Pimpy they've spoken about this so many times. It must be for a reason. If they're thinking about floating the currency that means they're going to decouple from the U.S. dollar, which they should and they're going to let the markets determine [the value]. I think anybody could look at Iraq and say look there's a lot of upswing potential...they need stability and security...I told you guys we don't have to wait for a damn RI or RV. There are other things out there we can keep an eye on. That doesn't mean that one won't be announced but I'm saying to you it's more likely we'll see the dinar go up in increments based on the growth...
4-23-2021 Intel Guru MarkZ [via PDK] Well its definitely not a nothing burger today…Bankers started getting notified late yesterday afternoon all over the place. My phone has been blowing up last evening with great expectations. I am waiting on an update from redemption centers. They are in meeting this morning. They were told yesterday to expect to work this weekend. The static that most of the bankers are getting is that something will occur over this weekend. I am excited…I admit but we have been here before so we need to manage our expectations.
4-23-2021 Intel Guru RayRen98 Friday morning...Treasury staff has been "on the ready" around the clock since Wednesday expecting fall-out on Friday. Banks were given the "notice to proceed" last evening after 4:00 PM, Eastern. At least two bank names were given that are supposed to start exchanging today. [post 2 of 2]
4-23-2021 Intel Guru RayRen98 Info received after 8:00 PM, Eastern...[Thursday, 4-22-21] SOME BANK SOURCES ARE GETTING EXCITED, SAY THEY'RE HAVING CONFERENCE CALLS TONIGHT TO MAKE PLANS FOR THIS WEEKEND. TIME WILL TELL!!! SOME BANK STAFF ARE TO REPORT "BEFORE" OPENING HOURS IN THE MORNING. THEY SAY THEY EXPECT THIS TO BE IT! TIME WILL TELL... ANOTHER BANK SOURCE CONFIRMS THEY ARE TO REPORT "BEFORE" OPENING HOURS IN THE MORNING. TIME WILL TELL. I REPORT - U DECIDE. FROM A MEMBER AT 10 PM...MY BANKER SAID HE CAN'T TALK NOW, BUT TO COME IN TOMORROW ASAP! I WILL BE THERE WHEN THEY OPEN. [post 1 of 2....stay tuned]
4-23-2021 Intel Guru Bruce [via WiserNow] ...the latest thing I got ...is that we have the green light to move forward...Now what does the green light mean? ...It is hard to say...it could mean that the path is set for the notifications to go out... we are looking for email notifications to go out as well as the 800 numbers... [Note: Multiple gurus warn of a security risk with 800#s - be cautious since you do not know who is on the other end of the line...You're in the right place here at www.DinarGuru.com - you'll get the good, bad and ugly of 800#s.]
4-23-2021 Newshound Guru MilitiaMan Everything is right here in front of us.
4-23-2021 Intel Guru MarkZ [via PDK] [Pimpy says no 800 numbers or redemption centers?] Maybe Pimpy is just not well informed on this part…I know someone who personally helped set up a couple redemption centers. [Will redemption centers be well known names so we know we are not being duped?] Absolutely…they will be main stream banks and personnel that you will be dealing with when it is redemption time. [Note: Multiple gurus warn of a security risk with 800#s - be cautious since you do not know who is on the other end of the line...You're in the right place here at www.DinarGuru.com - you'll get the good, bad and ugly of 800#s.]
4-22-2021 Newshound/Intel Guru Walkingstick [via Frank26] The CBI is now getting ready. They are about to put out information about the monetary reform to see what leaks out. And trust me it will leak out...Why would the CBI put out information about the monetary reform? To see what leaks out. The CBI for the last few years has watched everybody - especially from parliament and their own CBI structure...The CBI watched very carefully all those that put out negative information on the monetary reform. They know where the leaks are...the CBI is about to put out information about the monetary reform - 1 to 1, the new small category notes all that stuff - to see where it leaks out and once they find where it's leaking out they'll deal with it...
4-22-2021 Newshound Guru Clare Article: "Al-Kazemi: We are working to launch a comprehensive investment campaign in Iraq" THIS IS A HUGE ARTICLE - KAZEMI IS ACTUALLY MAKING AN ANNOUNCEMENT... "there will be work to launch a comprehensive investment campaign with the participation of Iraqi and foreign investors," THIS MUST HAVE THE NEW RATE! imo. [Guru] FRANK26...told us...ABOUT THE EDUCATIONAL CAMPAIGN COMING TO THE CITIZENS... "THE CBI/GOI ARE NOW GOING TO PUT ADVERTISEMENTS EVERYWHERE...TV COMMERCIALS... BILLBOARDS ...NEWSPAPERS...REGARDING THE NEW CURRENCY THEY'RE ABOUT TO PUT OUT AND THAT THERE WILL BE A NEW EXCHANGE RATE FOR THIS CURRENCY" ...WS [Guru Walkingstick] GAVE US THAT INFORMATION YEARS AGO! BECAUSE HE KNEW IT WOULD BE SO AT THE END...AND WE ARE SURELY AT THE END NOW. IMO IT IS OBVIOUS!
4-22-2021 Newshound/Intel Guru Petra If they come out really strong with their rate when they do their revaluation then all the middle eastern currencies that are the basket value increases. Iraq has their currencies because they did the swap so guess what happens? The reserves inside of Iraq skyrocket. So to me, to cover that 30 billion is going to happen very very quickly if it hasn't happened already. Not to mention the amount of funds that are out there that they are going to go and repatriate and bring back into the country that were stolen, smuggled or whatever. It's like $500 billion...yeah I don't think it's an issue at all... [Post 2 of 2]
4-22-2021 Newshound/Intel Guru Petra Kazemi came out last week and said they need to get 90 billion dollars in their reserves and they're only at 60. That kinda freaked everybody out. But if you think about it...if they were to come out with a strong rate...you've got to remember they've done currency swaps with a lot of other countries...Saudi Arabia, Jordan, Qatar, a lot of the GCC countries. They all hold dinar...if Iraq came out and kept their 1450 it would absolutely tank that middle eastern basket. All their currencies would drop. You know that's not going to happen. That's ridiculous... [Post 1 of 2....stay tuned]
4-22-2021 Intel Guru MarkZ [via PDK] [Is today the day?] Great question…we are certainly full of expectations. There is news from Iraq and to look for a mass information campaign coming from the CBI and GOI to inform people how this change works. Info about the lower denominations and how it will work in your accounts. I am being told by my contacts on the ground in Iraq that it could be any day. They say that posting the budget has taken the shackles off the central bank...it’s now up to the CBI on timing... It could be any minute. Any day, Any week…it is imminenet. You also have the Kurdistan region leaning on them to implement the budget and do it quickly.
4-22-2021 Newshound Guru Pimpy Rumor has it that a special person's name we won't mention...want you guys to send your dinar to him to get a special rate? I'm going to say to you the same thing about gold or silver. If you don't have it, you don't own it...
4-22-2021 Intel Guru Frank26 What's most important to you and me as investors of the Iraqi dinar is not the internal rate which the CBI will soon enough release to give the citizens better purchasing power which we are suggesting 1 to 1 to the American dollar. The budget is nice and the budget is in the gazette which now allows the CBI to play with the exchange rate...do you think they're going to decrease the exchange rate? Of course not. Do you think they're going to increase it 1 to 1 with the American dollar? Yes! We have articles telling us they're going to do that. The budget being printed in the gazette has unlocked the CBI to raise the rate inside internally therefor giving the international growth of the Iraqi currency also more potential.
4-22-2021 Newshound/Intel Guru Walkingstick [via Frank26] In our strong opinion the budget is calculated at a 1 to 1 rate. This budget with this rate does exist. We simply await for the budget to be released with these numbers. The numbers and the accounting of a 1 to 1 rate...are already done. They are already in the budget and they will be retroactive to the beginning of this year...
4-22-2021 Intel Guru Bruce [via WiserNow] ...we had information coming in from Iraq saying that “yes” they did put the budget in the gazette for 2021 on Saturday ...Monday - I believe they were going to have a session in parliament to pass a law that would include the date of implementation of their budget...and I believe when they went through the budget – they found the rate that was in the budget was not as high as they wanted it to be able to do additional projects and things in Iraq – so my understanding was...that they readjusted that dinar rate upward to comply and to be able to use that within their budget ...I also have a feeling that change will come out as an addendum to the budget... remember...printed gazette goes out / Saturday and Wednesday... I think you can call Iraq "Done"...everything appears to be done...
4-22-2021 Newshound Guru Clare Article: "Al-Kazemi: We are working to launch a comprehensive investment campaign in Iraq" THIS IS A HUGE ARTICLE - KAZEMI IS ACTUALLY MAKING AN ANNOUNCEMENT... "there will be work to launch a comprehensive investment campaign with the participation of Iraqi and foreign investors," THIS MUST HAVE THE NEW RATE! imo. [Guru] FRANK26...told us...ABOUT THE EDUCATIONAL CAMPAIGN COMING TO THE CITIZENS... "THE CBI/GOI ARE NOW GOING TO PUT ADVERTISEMENTS EVERYWHERE...TV COMMERCIALS... BILLBOARDS ...NEWSPAPERS...REGARDING THE NEW CURRENCY THEY'RE ABOUT TO PUT OUT AND THAT THERE WILL BE A NEW EXCHANGE RATE FOR THIS CURRENCY" ...WS [Guru Walkingstick] GAVE US THAT INFORMATION YEARS AGO! BECAUSE HE KNEW IT WOULD BE SO AT THE END...AND WE ARE SURELY AT THE END NOW. IMO IT IS OBVIOUS!
4-22-2021 Newshound/Intel Guru Petra If they come out really strong with their rate when they do their revaluation then all the middle eastern currencies that are the basket value increases. Iraq has their currencies because they did the swap so guess what happens? The reserves inside of Iraq skyrocket. So to me, to cover that 30 billion is going to happen very very quickly if it hasn't happened already. Not to mention the amount of funds that are out there that they are going to go and repatriate and bring back into the country that were stolen, smuggled or whatever. It's like $500 billion...yeah I don't think it's an issue at all... [Post 2 of 2]
4-22-2021 Newshound/Intel Guru Petra Kazemi came out last week and said they need to get 90 billion dollars in their reserves and they're only at 60. That kinda freaked everybody out. But if you think about it...if they were to come out with a strong rate...you've got to remember they've done currency swaps with a lot of other countries...Saudi Arabia, Jordan, Qatar, a lot of the GCC countries. They all hold dinar...if Iraq came out and kept their 1450 it would absolutely tank that middle eastern basket. All their currencies would drop. You know that's not going to happen. That's ridiculous... [Post 1 of 2....stay tuned]
4-22-2021 Intel Guru MarkZ [via PDK] [Is today the day?] Great question…we are certainly full of expectations. There is news from Iraq and to look for a mass information campaign coming from the CBI and GOI to inform people how this change works. Info about the lower denominations and how it will work in your accounts. I am being told by my contacts on the ground in Iraq that it could be any day. They say that posting the budget has taken the shackles off the central bank...it’s now up to the CBI on timing... It could be any minute. Any day, Any week…it is imminenet. You also have the Kurdistan region leaning on them to implement the budget and do it quickly.
4-22-2021 Newshound Guru Pimpy Rumor has it that a special person's name we won't mention...want you guys to send your dinar to him to get a special rate? I'm going to say to you the same thing about gold or silver. If you don't have it, you don't own it...
4-22-2021 Intel Guru Frank26 What's most important to you and me as investors of the Iraqi dinar is not the internal rate which the CBI will soon enough release to give the citizens better purchasing power which we are suggesting 1 to 1 to the American dollar. The budget is nice and the budget is in the gazette which now allows the CBI to play with the exchange rate...do you think they're going to decrease the exchange rate? Of course not. Do you think they're going to increase it 1 to 1 with the American dollar? Yes! We have articles telling us they're going to do that. The budget being printed in the gazette has unlocked the CBI to raise the rate inside internally therefor giving the international growth of the Iraqi currency also more potential.
4-22-2021 Newshound/Intel Guru Walkingstick [via Frank26] In our strong opinion the budget is calculated at a 1 to 1 rate. This budget with this rate does exist. We simply await for the budget to be released with these numbers. The numbers and the accounting of a 1 to 1 rate...are already done. They are already in the budget and they will be retroactive to the beginning of this year...
4-22-2021 Intel Guru Bruce [via WiserNow] ...we had information coming in from Iraq saying that “yes” they did put the budget in the gazette for 2021 on Saturday ...Monday - I believe they were going to have a session in parliament to pass a law that would include the date of implementation of their budget...and I believe when they went through the budget – they found the rate that was in the budget was not as high as they wanted it to be able to do additional projects and things in Iraq – so my understanding was...that they readjusted that dinar rate upward to comply and to be able to use that within their budget ...I also have a feeling that change will come out as an addendum to the budget... remember...printed gazette goes out / Saturday and Wednesday... I think you can call Iraq "Done"...everything appears to be done...
4-21-2021 Newshound/Intel Guru Petra I am very excited. We have never been to this place before. We've never been in this position before. We all thought things were happening. We thought this was going to happen but we've never before have we been in a spot where we know it's about to happen. And it really gets me excited...
4-21-2021 Intel Guru Frank26 Because you have an official budget you need an official exchange rate. Who says? The Fab 4...IMO they can now change - again - the exchange rate...
4-21-2021 Intel Guru MarkZ [via PDK] The positive news coming out of Iraq is that they had ongoing meetings since Tuesday morning on budget implementation. I am told that once they wrap up the last few details that they will post a rate...it very well could be this week. Exceptionally encouraging.
4-21-2021 Newshound Guru Militiaman Saleh...obviously said this today for a reason. He's talking about not floating the currency. He's in a sense saying we're not floating the currency but we're going to do something possibly different...he's saying that for a reason because this next stage is going to be very short and he'll need to have communicated what he's thinking. Sometimes he tells you the opposite...they tell you what they're not going to do...in this particular case it sounds like he's got it sorted that...he's not necessarily going to float the currency...I'm not saying it's 100% right but the implications is it should be a strong sustainable exchange rate...
4-21-2021 Newshound/Intel Guru Walkingstick [via Frank26] The CBI and the GOI are now going to put advertisements everywhere. On billboards, commercials on television, they'll put them in the newspaper, they'll have pictures of the new small category notes, all of this information and that they'll be a new exchange rate for this currency ...it's basically down to weeks.
4-21-2021 Newshound/Intel Guru Petra The Kurds sent a message to Baghdad saying you have our approval. We approve the budget now implement it. And that's a quote. We approve the budget we are now ordering you and directing you to implement it. They didn't say implement in the next 25 days. They didn't say implement in 2 weeks. It said implement now. I don't know what else to say about that...you got to move. You've got to do something. You've got to go...we've never been in this position before. There's always been reason and excuses of why it hasn't happened. But now it's at the doorstep. It's right there...we're very excited about where we're at.
4-21-2021 Intel Guru Frank26 We now have a budget for Iraq. It's official. This is the first budget I've seen in Iraq in my lifetime...that's extremely important...the main thing is it's now published in an official public venue the gazette. What's the rate in that budget? ...1460. It would have been illegal to release the budget with any other rate of 1460...right now the official exchange rate is 1460. Period. End of story...at anytime they can retro the exchange rate back to January first...the CBI is going to change the rate 1 to 1 and the budget will go retroactive 1 to 1 too...the budget is not legal until it is in the gazette. It's never been in the gazette. It's in the gazette ladies and gentleman so NOW the change of the Iraq dinar exchange rate is game on!
4-21-2021 Newshound/Intel Guru Mnt Goat Article: "ADVISOR AL-KAZEMI: FLOATING THE CURRENCY LEADS TO THE COLLAPSE OF THE IRAQI MARKET" Salih is referring to dangers if they floated the dinar within Iraq using the program rate not reinstating and then floating it as an internationally traded currency on FOREX. The finance committee keeps pushing for an internal float. So what he is really saying is that if they are going to float the currency then first reinstate it and peg it to a “basket” of currencies for stability.
4-21-2021 Intel Guru Frank26 Because you have an official budget you need an official exchange rate. Who says? The Fab 4...IMO they can now change - again - the exchange rate...
4-21-2021 Intel Guru MarkZ [via PDK] The positive news coming out of Iraq is that they had ongoing meetings since Tuesday morning on budget implementation. I am told that once they wrap up the last few details that they will post a rate...it very well could be this week. Exceptionally encouraging.
4-21-2021 Newshound Guru Militiaman Saleh...obviously said this today for a reason. He's talking about not floating the currency. He's in a sense saying we're not floating the currency but we're going to do something possibly different...he's saying that for a reason because this next stage is going to be very short and he'll need to have communicated what he's thinking. Sometimes he tells you the opposite...they tell you what they're not going to do...in this particular case it sounds like he's got it sorted that...he's not necessarily going to float the currency...I'm not saying it's 100% right but the implications is it should be a strong sustainable exchange rate...
4-21-2021 Newshound/Intel Guru Walkingstick [via Frank26] The CBI and the GOI are now going to put advertisements everywhere. On billboards, commercials on television, they'll put them in the newspaper, they'll have pictures of the new small category notes, all of this information and that they'll be a new exchange rate for this currency ...it's basically down to weeks.
4-21-2021 Newshound/Intel Guru Petra The Kurds sent a message to Baghdad saying you have our approval. We approve the budget now implement it. And that's a quote. We approve the budget we are now ordering you and directing you to implement it. They didn't say implement in the next 25 days. They didn't say implement in 2 weeks. It said implement now. I don't know what else to say about that...you got to move. You've got to do something. You've got to go...we've never been in this position before. There's always been reason and excuses of why it hasn't happened. But now it's at the doorstep. It's right there...we're very excited about where we're at.
4-21-2021 Intel Guru Frank26 We now have a budget for Iraq. It's official. This is the first budget I've seen in Iraq in my lifetime...that's extremely important...the main thing is it's now published in an official public venue the gazette. What's the rate in that budget? ...1460. It would have been illegal to release the budget with any other rate of 1460...right now the official exchange rate is 1460. Period. End of story...at anytime they can retro the exchange rate back to January first...the CBI is going to change the rate 1 to 1 and the budget will go retroactive 1 to 1 too...the budget is not legal until it is in the gazette. It's never been in the gazette. It's in the gazette ladies and gentleman so NOW the change of the Iraq dinar exchange rate is game on!
4-21-2021 Newshound/Intel Guru Mnt Goat Article: "ADVISOR AL-KAZEMI: FLOATING THE CURRENCY LEADS TO THE COLLAPSE OF THE IRAQI MARKET" Salih is referring to dangers if they floated the dinar within Iraq using the program rate not reinstating and then floating it as an internationally traded currency on FOREX. The finance committee keeps pushing for an internal float. So what he is really saying is that if they are going to float the currency then first reinstate it and peg it to a “basket” of currencies for stability.
4-20-2021 Intel Guru MarkZ [via PDK] I am still catching hell because I thought March was our month…but I do think this is our month. I expected it the end of March or early in April…I am surprised that we are all still waiting on April 20. This is just my thoughts based on what I am seeing and hearing…and I am really looking forward to this being over.
4-20-2021 Intel/Newshound Guru Frank26 The budget is the key. The budget is the heartbeat of what's going on...it is absolutely erroneous to believe the 1460 rate that they have right now is going to be the permanent rate for this budget...the tell tale sign is the international world pouring into Iraq. That's the biggest clue...article this week came out and said 'hey stop with all the rumors and negativity talk. We can retroactive this anytime we want.' Why would they bring that subject up? Because that's what their intentions are. Why would the CBI and the GOI say this? ...we are beyond very close...
4-20-2021 Newshound Guru Breitling People can say whatever they want. But you're sitting here watching somebody build a race car. You ask them are you going to go racing? Or are you building a race car? [They answer] 'No!' Well you have a chassis there. You've got the biggest engine I've ever seen, 6 point harness to keep you in in case you roll, you've got roll bars. What are you going to use it for? Doesn't make any sense. You have to watch what they're doing physically...They're not always going to reveal exactly what it is they're going to do because they can't because if they do say they're going to revalue and the word gets out in Iraq they [the citizens] are not going to spend their money. It's going to cause a huge economic crisis...they're trying to prop up their own currency. That has not changed and will not change. And that is exactly what Iraq is doing and you can have confidence in it...
4-20-2021 Newshound Guru Militiaman I think you have every right to be excited about what's going on. I'm looking forward to seeing this final push for them to get this thing done.
4-20-2021 Intel Guru MarkZ [via PDK] For the most part we are still in Punxatawney today…in the home of groundhogs…we are still sitting on “GO”. Some interesting movement out of Iraq yesterday. They are working through rates and implementation of the budget. My contact there does believe this is our week. Cross your fingers…I feel like we are looking for a “AHA” moment…whatever that is. Something big like maybe an implosion of our banks here…or riots…something big…that they can release this under the radar. I think it could happen at any moment…imo …just hang tight and stay calm…
4-20-2021 Newshound/Intel Guru Petra We all know the budget was passed on the 31st and now the clock is ticking and the pressure is on...the heat is getting insurmountable that the CBI has got to make their move. With that budget passed now all we're talking about is implementation... Many of the article today they used that word implementation, to implement, implement, begin, get going, let's move!
4-20-2021 Intel Guru Frank26 There's a new rate coming...there's no need to talk about printing the currency. There's no need talking about the HCL. There's no need to talk about the white papers...A month ago the articles were saying they lowered the value of our currency...and it's going to stay that way for 4 years...everybody got discouraged...that's beyond stupid. None of that is logical. Then a little over 2 weeks we told you they were going to talk to you about the 3 zero notes and then they're going to talk to you about the 3 zero exchange rate. For the last 2 1/2 weeks articles...are saying they lowered the exchange rate and that was a dumb thing to do and we should increase it...so where's all the negativity? It was all garbage. It was all rumors.
4-20-2021 Newshound/Intel Guru Mnt Goat I am now being told by my CBI contact that they are moving ahead aggressively with the RV and will replace the older larger 3 zero notes very soon. This means to us RV time! ...Let’s all hang on to our hats. This is going to be a very interesting month ahead. We could end up rich at the end of the ride.
4-20-2021 Newshound Guru Pimpy Question: "Are the 800#s real?" Are people still talking about the 800 numbers and redemption centers? Good lord. I think it's been debunked a million times. Be careful with that.
4-20-2021 Intel Guru MarkZ [via PDK] Let’s talk about the region. The strongest currency right now is the Kuwaiti Dinar which is trading at $3.31 to the US dollar. Did you know that before Kuwait revalued…they first devalued and the rate was almost identical to what the Iraqi dinar is right now...we were told just last week that Iraq would have the strongest currency in their region...
4-20-2021 Newshound Guru Kaperoni For those interested, over the weekend after being signed off by the Iraqi president the Gazette posted the 2021 budget despite objections from several political blocks.
4-20-2021 Intel/Newshound Guru Frank26 The budget is the key. The budget is the heartbeat of what's going on...it is absolutely erroneous to believe the 1460 rate that they have right now is going to be the permanent rate for this budget...the tell tale sign is the international world pouring into Iraq. That's the biggest clue...article this week came out and said 'hey stop with all the rumors and negativity talk. We can retroactive this anytime we want.' Why would they bring that subject up? Because that's what their intentions are. Why would the CBI and the GOI say this? ...we are beyond very close...
4-20-2021 Newshound Guru Breitling People can say whatever they want. But you're sitting here watching somebody build a race car. You ask them are you going to go racing? Or are you building a race car? [They answer] 'No!' Well you have a chassis there. You've got the biggest engine I've ever seen, 6 point harness to keep you in in case you roll, you've got roll bars. What are you going to use it for? Doesn't make any sense. You have to watch what they're doing physically...They're not always going to reveal exactly what it is they're going to do because they can't because if they do say they're going to revalue and the word gets out in Iraq they [the citizens] are not going to spend their money. It's going to cause a huge economic crisis...they're trying to prop up their own currency. That has not changed and will not change. And that is exactly what Iraq is doing and you can have confidence in it...
4-20-2021 Newshound Guru Militiaman I think you have every right to be excited about what's going on. I'm looking forward to seeing this final push for them to get this thing done.
4-20-2021 Intel Guru MarkZ [via PDK] For the most part we are still in Punxatawney today…in the home of groundhogs…we are still sitting on “GO”. Some interesting movement out of Iraq yesterday. They are working through rates and implementation of the budget. My contact there does believe this is our week. Cross your fingers…I feel like we are looking for a “AHA” moment…whatever that is. Something big like maybe an implosion of our banks here…or riots…something big…that they can release this under the radar. I think it could happen at any moment…imo …just hang tight and stay calm…
4-20-2021 Newshound/Intel Guru Petra We all know the budget was passed on the 31st and now the clock is ticking and the pressure is on...the heat is getting insurmountable that the CBI has got to make their move. With that budget passed now all we're talking about is implementation... Many of the article today they used that word implementation, to implement, implement, begin, get going, let's move!
4-20-2021 Intel Guru Frank26 There's a new rate coming...there's no need to talk about printing the currency. There's no need talking about the HCL. There's no need to talk about the white papers...A month ago the articles were saying they lowered the value of our currency...and it's going to stay that way for 4 years...everybody got discouraged...that's beyond stupid. None of that is logical. Then a little over 2 weeks we told you they were going to talk to you about the 3 zero notes and then they're going to talk to you about the 3 zero exchange rate. For the last 2 1/2 weeks articles...are saying they lowered the exchange rate and that was a dumb thing to do and we should increase it...so where's all the negativity? It was all garbage. It was all rumors.
4-20-2021 Newshound/Intel Guru Mnt Goat I am now being told by my CBI contact that they are moving ahead aggressively with the RV and will replace the older larger 3 zero notes very soon. This means to us RV time! ...Let’s all hang on to our hats. This is going to be a very interesting month ahead. We could end up rich at the end of the ride.
4-20-2021 Newshound Guru Pimpy Question: "Are the 800#s real?" Are people still talking about the 800 numbers and redemption centers? Good lord. I think it's been debunked a million times. Be careful with that.
4-20-2021 Intel Guru MarkZ [via PDK] Let’s talk about the region. The strongest currency right now is the Kuwaiti Dinar which is trading at $3.31 to the US dollar. Did you know that before Kuwait revalued…they first devalued and the rate was almost identical to what the Iraqi dinar is right now...we were told just last week that Iraq would have the strongest currency in their region...
4-20-2021 Newshound Guru Kaperoni For those interested, over the weekend after being signed off by the Iraqi president the Gazette posted the 2021 budget despite objections from several political blocks.
4-19-2021 Newshound Guru Breitling The reality is...they are passing laws for a higher rate. In other words to be able to manage a rate in their own currency. They are trying to pay off as much debt as they can with the value of the currency that they have today so when it does add value they don't owe as much. They gain that much more...Iraq is doing all these things that supports their infrastructure that is going to add value to their currency - that supports adding value to their currency. That's how you know. No country on the planet is going to tell you they're adding value to their currency because it would literally stop the supply times velocity...
4-19-2021 Newshound Guru Pimpy We need to figure out what the hell these [PM Kazemi] amendments are going to be in the budget. I'm curious to see...don't let people run you rugged...that the rate change was going to be in there. We don't know. Cross your fingers and hope it's true but until they announce it then we'll know...it looks like Al-Kazemi is going to appeal the budget and make some amendments, some changes to the budget. So cross your fingers...we'll see...
4-19-2021 Intel Guru MarkZ [via PDK] [Its Ramadan in Iraq- I thought everything was shut down?] Well, they didn’t shut down this Ramadan…they are still working and things are still going…
4-19-2021 Intel Guru Footforward I'm not following the budget. I'll leave it at that... The...next excuse in Iraq will likely be that they need to have elections...Everything going on in Iraq is a distraction in my opinion...There are people who want to wear us out and have us sell our dinar before the revaluation takes place...They want fatigue to set in... if you listened closely I've been telling people for 4 years what the minimum rate on the dinar would be. [reference Footforward post 3-31-2021] In my opinion of course. And it's never been financial or investment advice.
4-19-2021 Intel Guru MarkZ [via PDK] A couple things were happening over the weekend. One- they have agreed to a budget implementation meeting which is occurring as we speak. It started 11 AM Iraqi time. They are going over the implementation of this budget. This is cool because we do expect the rate change. An imminent rate change. I have spoken to a couple of contacts on the ground in Iraq and it is not in effect yet. But they are expecting it at any moment. On the domestic front I do have a couple of key players that were not moved until this weekend…they were to be in place on Sunday-yesterday. I know you are tired of it but hang on to your seats. The chatter everywhere is fantastic.
4-19-2021 Intel/Newshound Guru sandyf The latest issue of the legal gazette which included the budget was issued 12th April and posted to the website today 19th April. Not that it will change anything.
4-19-2021 Newshound Guru Pimpy We need to figure out what the hell these [PM Kazemi] amendments are going to be in the budget. I'm curious to see...don't let people run you rugged...that the rate change was going to be in there. We don't know. Cross your fingers and hope it's true but until they announce it then we'll know...it looks like Al-Kazemi is going to appeal the budget and make some amendments, some changes to the budget. So cross your fingers...we'll see...
4-19-2021 Intel Guru MarkZ [via PDK] [Its Ramadan in Iraq- I thought everything was shut down?] Well, they didn’t shut down this Ramadan…they are still working and things are still going…
4-19-2021 Intel Guru Footforward I'm not following the budget. I'll leave it at that... The...next excuse in Iraq will likely be that they need to have elections...Everything going on in Iraq is a distraction in my opinion...There are people who want to wear us out and have us sell our dinar before the revaluation takes place...They want fatigue to set in... if you listened closely I've been telling people for 4 years what the minimum rate on the dinar would be. [reference Footforward post 3-31-2021] In my opinion of course. And it's never been financial or investment advice.
4-19-2021 Intel Guru MarkZ [via PDK] A couple things were happening over the weekend. One- they have agreed to a budget implementation meeting which is occurring as we speak. It started 11 AM Iraqi time. They are going over the implementation of this budget. This is cool because we do expect the rate change. An imminent rate change. I have spoken to a couple of contacts on the ground in Iraq and it is not in effect yet. But they are expecting it at any moment. On the domestic front I do have a couple of key players that were not moved until this weekend…they were to be in place on Sunday-yesterday. I know you are tired of it but hang on to your seats. The chatter everywhere is fantastic.
4-19-2021 Intel/Newshound Guru sandyf The latest issue of the legal gazette which included the budget was issued 12th April and posted to the website today 19th April. Not that it will change anything.
4-18-2021 Newshound Guru Breitling What if somebody out there put an article out and says, 'hey we're going to revalue next month.' What do you think the population in Iraq is going to do? Do you think they go out and spend the dinars that they have? No! They'll squirrel it away. It would literally shut their economy down. That's why I tell people you're not going to find a magical article coming out of Iraq saying we're going to revalue in a month or two months or a week...Iraq is not telling everybody we're going to add a ton of value to this - it would ruin the supply times velocity of the Iraqi dinar.
4-18-2021 Newshound Guru Pimpy Obviously the more they grow the private sector the better the economy rebounds. It it strengthen the currency...building up your foreign reserves assets helps the currency. The GDP of your economy helps grow the currency. We won't necessarily need to have some RI or RV called out. There could be other things that happen that affect the value...that does not mean there won't be an RI or RV called. That still might happen but there are other things we can be focused on that help our situation...
4-18-2021 Newshound/Intel Guru Mnt Goat Article: "MEANING OF CURRENCY REVALUATION AND WHAT WILL HAPPEN IF IRAQ TAKES THIS PATH" Quote: "The act of altering the value of a nation’s currency relative to other currencies is typically influenced by market pressures. The pressure is now." The pressure is not going to end until the CBI completes the project to delete the zeros and the revaluation of the dinar against the dollar.
4-18-2021 Newshound Guru Kaperoni ...we have spent the last eight plus years telling members the truth of how or if the dinar can ever appreciate in value. It's based on sound principles and the economic success of Iraq. There is no magic wand or overnight RV. There is no significant overnight RV, it's not how monetary policy works.
4-18-2021 Newshound Guru Pimpy There's obviously a lot of pressure to have the rate change take place in Iraq and it's coming from all angles. Having said that, these reforms are doing exactly what they were supposed to do - help get Iraq back on their feet. I know they were talking it's going to take three to five year. I'm not seeing that. They're actually moving at a much faster pace...
4-18-2021 Newshound Guru Breitling Let's do a thought experiment. Let's say you live in Iraq and you have a certain amount of currency. They are not going to gain like you and I are. Because we bought with U.S. dollars. That means we bought it at a tenth of a penny. Well their economy is set up at a tenth of a penny. In other words they didn't pay anything. The currency was just given to them. If you go buy a coke at a tenth of a penny [Or 1450 dinars] and the value goes up because there's a revaluation or they just simply corrected their currency - they're just going to move the decimal over. Now it's just a dollar. So now you have the currency that's a dollar and a coke that has the price tag that's a dollar...There's going to be a little bit of gain for them but not like you and I are going to get because we bought with the U.S. dollar. That's a principle you have to understand.
4-18-2021 Newshound/Intel Guru Mnt Goat Article: "GETTING INTO IRAQ HAS NOW NEVER BEEN EASIER" This is part of the plan to re-open the country to international status and allow a free flow of people and capital in and out of the county. This is what we need to see.
4-18-2021 Newshound Guru Pimpy Obviously the more they grow the private sector the better the economy rebounds. It it strengthen the currency...building up your foreign reserves assets helps the currency. The GDP of your economy helps grow the currency. We won't necessarily need to have some RI or RV called out. There could be other things that happen that affect the value...that does not mean there won't be an RI or RV called. That still might happen but there are other things we can be focused on that help our situation...
4-18-2021 Newshound/Intel Guru Mnt Goat Article: "MEANING OF CURRENCY REVALUATION AND WHAT WILL HAPPEN IF IRAQ TAKES THIS PATH" Quote: "The act of altering the value of a nation’s currency relative to other currencies is typically influenced by market pressures. The pressure is now." The pressure is not going to end until the CBI completes the project to delete the zeros and the revaluation of the dinar against the dollar.
4-18-2021 Newshound Guru Kaperoni ...we have spent the last eight plus years telling members the truth of how or if the dinar can ever appreciate in value. It's based on sound principles and the economic success of Iraq. There is no magic wand or overnight RV. There is no significant overnight RV, it's not how monetary policy works.
4-18-2021 Newshound Guru Pimpy There's obviously a lot of pressure to have the rate change take place in Iraq and it's coming from all angles. Having said that, these reforms are doing exactly what they were supposed to do - help get Iraq back on their feet. I know they were talking it's going to take three to five year. I'm not seeing that. They're actually moving at a much faster pace...
4-18-2021 Newshound Guru Breitling Let's do a thought experiment. Let's say you live in Iraq and you have a certain amount of currency. They are not going to gain like you and I are. Because we bought with U.S. dollars. That means we bought it at a tenth of a penny. Well their economy is set up at a tenth of a penny. In other words they didn't pay anything. The currency was just given to them. If you go buy a coke at a tenth of a penny [Or 1450 dinars] and the value goes up because there's a revaluation or they just simply corrected their currency - they're just going to move the decimal over. Now it's just a dollar. So now you have the currency that's a dollar and a coke that has the price tag that's a dollar...There's going to be a little bit of gain for them but not like you and I are going to get because we bought with the U.S. dollar. That's a principle you have to understand.
4-18-2021 Newshound/Intel Guru Mnt Goat Article: "GETTING INTO IRAQ HAS NOW NEVER BEEN EASIER" This is part of the plan to re-open the country to international status and allow a free flow of people and capital in and out of the county. This is what we need to see.
4-17-2021 Newshound Guru MilitiaMan Article: "What is the reason for the delay in publishing the budget law in the official gazette? Justice answers" Quote: "the draft budget law is ready for publication in the official newspaper Al-Waqae ', and will be published during the next Sunday or Monday." The week extension is coming to an end.. Sounds like they have it ready for publication...
4-17-2021 Intel Guru MarkZ [via PDK] The currency rate is not going to stay where it is at…the fundamentals of the country are too strong…oil production, rare earth minerals, they have tremendous gold deposits in ground.
4-17-2021 Intel/Newshound Guru Holly RV News: There is a lot going on behind the curtain. Not only with the RV but globally. Both are related. This has been a war on epic levels. The release will happen when it is safe globally and all people will be safe as well. Do not get discouraged that another week went by, but be encouraged. Each week we get closer to the goal. Do not get frustrated, yet remain positive and strong and hold that energy to bring it to fruition. Nothing will happen this weekend. Enjoy your weekend. Our next window is Tuesday for the final release to happen.
4-17-2021 Newshound Guru Pimpy One of the articles says that Al-Kazemi is going to appeal the 2021 budget. What that has done is started all kinds of rumors in our nifty little arena of the Iraqi dinar. People are like 'oh yeah they're going to change the rate again.' Guys we don't know what they're going to do okay. Is it possible? Of course. Anything is possible. First things first...he wants to put in some amendments. Nobody knows what those amendment are...people are saying that in there is going to be the rate change. There's no proof of that anywhere. Does that mean it won't happen? No. Does that mean it will happen? No. That's the point. We won't know until they do it...changes are coming. We'll see what they are shortly.
4-17-2021 Newshound/Intel Guru Mnt Goat We all need to relax and let this play out in Iraq. All the conversations now are about implementing the financial reforms, as listed in the “White Paper”. ...We know that the White Paper states that the project to delete the zeros will be completed. So, it’s now on the radar, its documented and they can’t avoid it much longer. Oh… we know the budget is passed and ratified. We are just waiting for the publishing in the gazette. But will we get the RV once it’s in the gazette...No one knows for sure but I will say the IMF does want Iraq to get its act together and follow a budgetary process. It is now done. But the CBI has said noting about an RV anytime soon. Is this just a coverup for what they might do? ...So far the CBI is not advertising any rate change in the next 2 years. Yes, two years. Will it take that long?
4-17-2021 Intel Guru MarkZ [via PDK] The currency rate is not going to stay where it is at…the fundamentals of the country are too strong…oil production, rare earth minerals, they have tremendous gold deposits in ground.
4-17-2021 Intel/Newshound Guru Holly RV News: There is a lot going on behind the curtain. Not only with the RV but globally. Both are related. This has been a war on epic levels. The release will happen when it is safe globally and all people will be safe as well. Do not get discouraged that another week went by, but be encouraged. Each week we get closer to the goal. Do not get frustrated, yet remain positive and strong and hold that energy to bring it to fruition. Nothing will happen this weekend. Enjoy your weekend. Our next window is Tuesday for the final release to happen.
4-17-2021 Newshound Guru Pimpy One of the articles says that Al-Kazemi is going to appeal the 2021 budget. What that has done is started all kinds of rumors in our nifty little arena of the Iraqi dinar. People are like 'oh yeah they're going to change the rate again.' Guys we don't know what they're going to do okay. Is it possible? Of course. Anything is possible. First things first...he wants to put in some amendments. Nobody knows what those amendment are...people are saying that in there is going to be the rate change. There's no proof of that anywhere. Does that mean it won't happen? No. Does that mean it will happen? No. That's the point. We won't know until they do it...changes are coming. We'll see what they are shortly.
4-17-2021 Newshound/Intel Guru Mnt Goat We all need to relax and let this play out in Iraq. All the conversations now are about implementing the financial reforms, as listed in the “White Paper”. ...We know that the White Paper states that the project to delete the zeros will be completed. So, it’s now on the radar, its documented and they can’t avoid it much longer. Oh… we know the budget is passed and ratified. We are just waiting for the publishing in the gazette. But will we get the RV once it’s in the gazette...No one knows for sure but I will say the IMF does want Iraq to get its act together and follow a budgetary process. It is now done. But the CBI has said noting about an RV anytime soon. Is this just a coverup for what they might do? ...So far the CBI is not advertising any rate change in the next 2 years. Yes, two years. Will it take that long?
4-16-2021 Intel Guru Frank26 They will float it [the dinar]. And the reason why is because internally they have fixed it [fixed rate] and they will float it internationally...that float equals a middle eastern basket that the Iraqi dinar will be in there with the American dollar 1 to 1 and all of these other countries that are around the Middle East they're gonna pour into that basket...maybe 6,7,8 different countries...those other counties will also be 1 to 1 with the American dollar.
4-16-2021 Intel Guru Bruce [via WiserNow ] ...so far we know things are - I think they are really ready to release – from what I’ve heard from several sources – this thing is ready to go down...So – this is a great time for us to know that we are very very close – we could be closer that we think – which might bring the weekend into play – or we could defer to a Monday/Tuesday start but as we’ve been told in the past that we were actually anticipating this past week - “This Week” ...
4-16-2021 Newshound Guru Pimpy Article: "Al-Kazemi: We have succeeded in stopping the waste and the great corruption in the Central Bank auction, and we will not stop" ...he seems to be doing what it takes to clean up Iraq and to get them back on their feet where they belong. They are a rich country...unfortunately the corruption is so bad and people are so greedy...these are the types of things [Cleaning up corruption] I like. It's a great reflection on the country when it comes to the international people...this is good. We want to see the corruption being taken care of.
4-16-2021 Intel Guru MarkZ [via PDK] Its fantastic, fabulous, freaky Friday. There is a whole lot going on...We appear to be in a holding pattern…waiting for something. Everybody is still in place…
4-16-2021 Newshound/Intel Guru Mnt Goat Article: "MEANING OF CURRENCY REVALUATION AND WHAT WILL HAPPEN IF IRAQ TAKES THIS PATH" Quote: "The act of altering the value of a nation’s currency relative to other currencies is typically influenced by market pressures. The pressure is now." The pressure is not going to end until the CBI completes the project to delete the zeros and the revaluation of the dinar against the dollar.
4-16-2021 Intel Guru FootForward ...I personally am going to a bank to cash out my dinar. I would be a little wary personally of anywhere saying that there is no tax. For one the tax has not been determined yet on this exchange...I think people are so caught up in the highest rate or no tax that they lose perspective of the big picture. [I have never paid tax on converting usd to Canadian or Canadian to usd but that was under $200.] This is very different. It would be awesome to pay no tax...But this isn't just a currency exchange in the traditional sense... [NOTE: Be sure to consult your tax professional at the appropriate time.]
4-16-2021 Newshound/Intel Guru Walkingstick [via Guru Frank26] They're going to keep a tight band and watch the cap. The reason why is because supply and demand is going to shoot the Iraqi dinar into a crazy situation. Phase 3: Flotation is actually...a Middle East basket...in order for them to tell you the next step is flotation [it means] Step 1 and Step 2 are already done. You just have to wait for them to show you and tell you.
4-16-2021 Intel Guru Bruce [via WiserNow ] ...so far we know things are - I think they are really ready to release – from what I’ve heard from several sources – this thing is ready to go down...So – this is a great time for us to know that we are very very close – we could be closer that we think – which might bring the weekend into play – or we could defer to a Monday/Tuesday start but as we’ve been told in the past that we were actually anticipating this past week - “This Week” ...
4-16-2021 Newshound Guru Pimpy Article: "Al-Kazemi: We have succeeded in stopping the waste and the great corruption in the Central Bank auction, and we will not stop" ...he seems to be doing what it takes to clean up Iraq and to get them back on their feet where they belong. They are a rich country...unfortunately the corruption is so bad and people are so greedy...these are the types of things [Cleaning up corruption] I like. It's a great reflection on the country when it comes to the international people...this is good. We want to see the corruption being taken care of.
4-16-2021 Intel Guru MarkZ [via PDK] Its fantastic, fabulous, freaky Friday. There is a whole lot going on...We appear to be in a holding pattern…waiting for something. Everybody is still in place…
4-16-2021 Newshound/Intel Guru Mnt Goat Article: "MEANING OF CURRENCY REVALUATION AND WHAT WILL HAPPEN IF IRAQ TAKES THIS PATH" Quote: "The act of altering the value of a nation’s currency relative to other currencies is typically influenced by market pressures. The pressure is now." The pressure is not going to end until the CBI completes the project to delete the zeros and the revaluation of the dinar against the dollar.
4-16-2021 Intel Guru FootForward ...I personally am going to a bank to cash out my dinar. I would be a little wary personally of anywhere saying that there is no tax. For one the tax has not been determined yet on this exchange...I think people are so caught up in the highest rate or no tax that they lose perspective of the big picture. [I have never paid tax on converting usd to Canadian or Canadian to usd but that was under $200.] This is very different. It would be awesome to pay no tax...But this isn't just a currency exchange in the traditional sense... [NOTE: Be sure to consult your tax professional at the appropriate time.]
4-16-2021 Newshound/Intel Guru Walkingstick [via Guru Frank26] They're going to keep a tight band and watch the cap. The reason why is because supply and demand is going to shoot the Iraqi dinar into a crazy situation. Phase 3: Flotation is actually...a Middle East basket...in order for them to tell you the next step is flotation [it means] Step 1 and Step 2 are already done. You just have to wait for them to show you and tell you.
4-15-2021 Newshound Guru Pimpy Article: "A Significant increase in dollar action sales to the Central Bank of Iraq" People always get these confused. They think they're selling dinar. That's not what's in the auctions. The US dollar is what they're selling. What's happening is they get paid all the time for the oil in the petrodollar - they're US dollars. They turn around and deposit into banks and the bank decide how many of them they want to keep... and they send over [the rest] to the CBI to auction off the money. So when you see them sending more and more U.S. dollars it means they have more and more confidence in their own currency. This is a good sign...we like to see it. Continue to sell the US dollars and strengthen your own currency...
4-15-2021 Newshound/Intel Guru Mnt Goat Article: "ADJUSTMENT TO THE EXCHANGE RATE" Quote: "...which is likely to adopt the method of “managed float” in the next step in conjunction with the increase of central reserves,..." this...verifies everything I have been saying all along... I talked about first the project to delete the zeros accompanied with an in-country revaluation to around 1:1, then a reinstatement on a managed float, pegged to a basket of currencies. But first right now they have to increase the CBI reserves, as Dr Shabibi did and was then were ready to go in 2012. What was the reserves back then? In 2012 it was around 90 billion. Just recently al-Kazemi announced the reserves were around 60 billion. So we can see it might take another 2 years (as the CBI just predicted) to reach the goal needed to go to the next step.
4-15-2021 Intel Guru MarkZ [via PDK] A tremendous “nothing –burger” of news overnight... I know we hear this over and over and it feels like we are beating our heads on a brick wall. I know we are all tired of hearing it…but we are watching it all unveil…it really is moving. They have really cracked down on intel from the redemption cities…they are twisting the screws on these guys to stay quiet…whether it is NDA’s or just being leaned on…getting anything from these guys is painful….
4-15-2021 Newshound/Intel Guru Petra Anchor in what you know. What do we absolutely know? 1. We know the budget was approved on 3-31-21. That's a fact. 2. We know that the new budget hasn't been entered in the gazette. 3. Has the rate change been shown on the CBI? No. 4. Are there billions on the sidelines...private investors and companies waiting to enter into Iraq? Yes. IMO the frustration of folks comes when trying to figure out a date. Can anyone influence the launch of the reforms or influence the date of the reinstatement in the public realm? No...They cannot survive at the current program rate. Nor will it come out at the program rate because the math just doesn't work. Anchor in what we do know - that they have told us it is coming. We just don't know when. Stay the course. Anchor in know that it is coming and relax. You're not going to miss it.
4-15-2021 Intel Guru Frank26 Phase Three I told you it was going to be a float...the article...said yeah we're [CBI} going to float it. You can't float it domestically. No it'll be fixed. That's exactly what we told you. That's exactly what they said...the only reason you're going to float it outside is because you raise the value inside. Bam! ...why haven't you floated it in the last 17/18 years? Because we're at a program rate...Why are you telling everybody you're gonna float? Because we're article 8. We've raised the value of our currency. We're about to show it all... [Post 2 of 2]
4-15-2021 Intel Guru Frank26 There's still one or two who still don't understand...Phase One: 1 to 1 rate - inside of Iraq & outside of Iraq. There's a date they've established when they want to come out with the one-to-one rate inside of Iraq and outside of Iraq. Phase Two: Okay we've raised the value to 1 to 1, citizens are now coming in to the banks in Iraq...that's the only way they're going to get the new small category notes...When I told you Phase One and Phase Two IMO are complete one or two said 'Where is it? I don't see it...You're lying Frank. You're misleading us.' ...Phase 1 & 2 IMO are complete...about to be shown...it's electronic. It's digital. That means you can't see it just yet. But you know you're gonna see it... [Post 1 of 2....stay tuned]
4-15-2021 Intel Guru MarkZ [via PDK] They are trying to collect the 3 zero notes in-country because they know that you and I as speculators will be turning ours in. Also the currency sites in the US that sell currency are trying to buy it back from people. They are offering $1000, $1200, $1400 for them because they can sell it back to the bank in Iraq. This is an excellent sign.
4-15-2021 Newshound/Intel Gurus Walkingstick & Frank26 It [the Iraqi dinar] is going to shoot up way past its REER...Supply and demand on the dinar is going to explode in a nuclear fashion that's why it's going to climb fast for the REER internationally. That's why I've told you you gotta know when to hold'm and when to fold'm. You've got to pay close attention. You should not run to the bank IMO. You should walk to it. Personally, I'm gonna sit back like a silver back gorilla. I'm gonna sit back on the biggest mountain I can and watch everybody. They'll be mistakes made and I'm going to learn from them...
4-15-2021 Newshound/Intel Guru Mnt Goat Article: "ADJUSTMENT TO THE EXCHANGE RATE" Quote: "...which is likely to adopt the method of “managed float” in the next step in conjunction with the increase of central reserves,..." this...verifies everything I have been saying all along... I talked about first the project to delete the zeros accompanied with an in-country revaluation to around 1:1, then a reinstatement on a managed float, pegged to a basket of currencies. But first right now they have to increase the CBI reserves, as Dr Shabibi did and was then were ready to go in 2012. What was the reserves back then? In 2012 it was around 90 billion. Just recently al-Kazemi announced the reserves were around 60 billion. So we can see it might take another 2 years (as the CBI just predicted) to reach the goal needed to go to the next step.
4-15-2021 Intel Guru MarkZ [via PDK] A tremendous “nothing –burger” of news overnight... I know we hear this over and over and it feels like we are beating our heads on a brick wall. I know we are all tired of hearing it…but we are watching it all unveil…it really is moving. They have really cracked down on intel from the redemption cities…they are twisting the screws on these guys to stay quiet…whether it is NDA’s or just being leaned on…getting anything from these guys is painful….
4-15-2021 Newshound/Intel Guru Petra Anchor in what you know. What do we absolutely know? 1. We know the budget was approved on 3-31-21. That's a fact. 2. We know that the new budget hasn't been entered in the gazette. 3. Has the rate change been shown on the CBI? No. 4. Are there billions on the sidelines...private investors and companies waiting to enter into Iraq? Yes. IMO the frustration of folks comes when trying to figure out a date. Can anyone influence the launch of the reforms or influence the date of the reinstatement in the public realm? No...They cannot survive at the current program rate. Nor will it come out at the program rate because the math just doesn't work. Anchor in what we do know - that they have told us it is coming. We just don't know when. Stay the course. Anchor in know that it is coming and relax. You're not going to miss it.
4-15-2021 Intel Guru Frank26 Phase Three I told you it was going to be a float...the article...said yeah we're [CBI} going to float it. You can't float it domestically. No it'll be fixed. That's exactly what we told you. That's exactly what they said...the only reason you're going to float it outside is because you raise the value inside. Bam! ...why haven't you floated it in the last 17/18 years? Because we're at a program rate...Why are you telling everybody you're gonna float? Because we're article 8. We've raised the value of our currency. We're about to show it all... [Post 2 of 2]
4-15-2021 Intel Guru Frank26 There's still one or two who still don't understand...Phase One: 1 to 1 rate - inside of Iraq & outside of Iraq. There's a date they've established when they want to come out with the one-to-one rate inside of Iraq and outside of Iraq. Phase Two: Okay we've raised the value to 1 to 1, citizens are now coming in to the banks in Iraq...that's the only way they're going to get the new small category notes...When I told you Phase One and Phase Two IMO are complete one or two said 'Where is it? I don't see it...You're lying Frank. You're misleading us.' ...Phase 1 & 2 IMO are complete...about to be shown...it's electronic. It's digital. That means you can't see it just yet. But you know you're gonna see it... [Post 1 of 2....stay tuned]
4-15-2021 Intel Guru MarkZ [via PDK] They are trying to collect the 3 zero notes in-country because they know that you and I as speculators will be turning ours in. Also the currency sites in the US that sell currency are trying to buy it back from people. They are offering $1000, $1200, $1400 for them because they can sell it back to the bank in Iraq. This is an excellent sign.
4-15-2021 Newshound/Intel Gurus Walkingstick & Frank26 It [the Iraqi dinar] is going to shoot up way past its REER...Supply and demand on the dinar is going to explode in a nuclear fashion that's why it's going to climb fast for the REER internationally. That's why I've told you you gotta know when to hold'm and when to fold'm. You've got to pay close attention. You should not run to the bank IMO. You should walk to it. Personally, I'm gonna sit back like a silver back gorilla. I'm gonna sit back on the biggest mountain I can and watch everybody. They'll be mistakes made and I'm going to learn from them...
4-14-2021 Newshound Guru Pimpy Article: "Al-Kazemi: The Central Bank reserves rise to more than $60 billion" this is good. Why is that? The more of the reserve dollars that they have, the more foreign currency they have in the reserves that...strengthens the dinar. This is awesome. It's good to see.
4-14-2021 Intel Guru MarkZ [via PDK] [...It has the possibility to go back up internally if they collect enough Dinar off the streets.] They have definitely been doing that. We have seen that in the main stream news…they have collected about a trillion and a half dinar off the streets in the past 2 months. Is there a set number they are looking for…no…I hear once they stop getting an inflow off the streets, then I’m told it will go, and go quickly.
4-14-2021 Intel Guru Frank26 The goal is to change the rate. And it will be fixed. But IMO because of oil prices are changing constantly the float outside is going to move a little faster than I calculated...
4-14-2021 Intel Guru Bruce [via WiserNow] Our Blessing is on its way...we are at the point now where one specific bank out west – has indicated to us that they think there is a high expectation for notifications to come out tomorrow [Wednesday] for us... it looks more like what 2 other bankers have told us which was we should be there by Wednesday...at the very latest was how they put it...if we don’t get notified early enough – like in the early or mid afternoon - we probably wouldn’t start until Thursday... We know the bank screen rates were up as early as last Saturday – maybe Sunday for sure - we believe they’re in – locked in – so the screens are all set and loaded for us... So I’m really excited...
4-14-2021 Newshound Guru Pimpy I see it all the time in the news and it's interesting to watch. We are seeing now almost on a daily basis is some type of talk about the exchange rate...the news is paying attention to what is happening on the open market. Very very interesting.
4-14-2021 Intel Guru MarkZ [via PDK] [Are we there yet?] Iraq has clearly put everything in position for it…but we have yet to see it... [Are your bankers still on stand by...] Everybody is staying in position….everybody is prepared.
4-14-2021 Newshound/Intel Guru Walkingstick [via Guru Frank26] Phase three: They (the Fab 4/CBI) will keep a very tight band, a super tight band on this international float. Because they don't want it to move anymore than plus or minus 3%. Then it will reach a cap...supply and demand will put the dinar on a different international level.
4-14-2021 Newshound/Intel Guru Walkingstick [via Guru Frank26] Phase two is another step in the exchange rate because it has the possibility to go back up internally if everything goes well - if they collect enough of the 3 zero notes. There's a set number they're looking for. They're trying to collect the 3 zeros in their country because they know you and I as speculators we'll turn ours in...they did send dinars to banks all around the world, they were all electronic/digital. Brilliant...
4-14-2021 Intel Guru MarkZ [via PDK] No movement yet on the RV front…paymasters are still in place and they are prepared. [do we need a paymaster?] A paymaster is a like an attorney at a house closing. They take a large amount of funds...they make sure all fees are paid…all interested parties are paid…and everything is settled…We do not need a paymaster. As we understand our Tier 1 banks will act as a paymaster…they will distribute to us, make sure all fees are paid, covered and done.
4-14-2021 Intel Guru MarkZ [via PDK] [...It has the possibility to go back up internally if they collect enough Dinar off the streets.] They have definitely been doing that. We have seen that in the main stream news…they have collected about a trillion and a half dinar off the streets in the past 2 months. Is there a set number they are looking for…no…I hear once they stop getting an inflow off the streets, then I’m told it will go, and go quickly.
4-14-2021 Intel Guru Frank26 The goal is to change the rate. And it will be fixed. But IMO because of oil prices are changing constantly the float outside is going to move a little faster than I calculated...
4-14-2021 Intel Guru Bruce [via WiserNow] Our Blessing is on its way...we are at the point now where one specific bank out west – has indicated to us that they think there is a high expectation for notifications to come out tomorrow [Wednesday] for us... it looks more like what 2 other bankers have told us which was we should be there by Wednesday...at the very latest was how they put it...if we don’t get notified early enough – like in the early or mid afternoon - we probably wouldn’t start until Thursday... We know the bank screen rates were up as early as last Saturday – maybe Sunday for sure - we believe they’re in – locked in – so the screens are all set and loaded for us... So I’m really excited...
4-14-2021 Newshound Guru Pimpy I see it all the time in the news and it's interesting to watch. We are seeing now almost on a daily basis is some type of talk about the exchange rate...the news is paying attention to what is happening on the open market. Very very interesting.
4-14-2021 Intel Guru MarkZ [via PDK] [Are we there yet?] Iraq has clearly put everything in position for it…but we have yet to see it... [Are your bankers still on stand by...] Everybody is staying in position….everybody is prepared.
4-14-2021 Newshound/Intel Guru Walkingstick [via Guru Frank26] Phase three: They (the Fab 4/CBI) will keep a very tight band, a super tight band on this international float. Because they don't want it to move anymore than plus or minus 3%. Then it will reach a cap...supply and demand will put the dinar on a different international level.
4-14-2021 Newshound/Intel Guru Walkingstick [via Guru Frank26] Phase two is another step in the exchange rate because it has the possibility to go back up internally if everything goes well - if they collect enough of the 3 zero notes. There's a set number they're looking for. They're trying to collect the 3 zeros in their country because they know you and I as speculators we'll turn ours in...they did send dinars to banks all around the world, they were all electronic/digital. Brilliant...
4-14-2021 Intel Guru MarkZ [via PDK] No movement yet on the RV front…paymasters are still in place and they are prepared. [do we need a paymaster?] A paymaster is a like an attorney at a house closing. They take a large amount of funds...they make sure all fees are paid…all interested parties are paid…and everything is settled…We do not need a paymaster. As we understand our Tier 1 banks will act as a paymaster…they will distribute to us, make sure all fees are paid, covered and done.
4-13-2021 Intel Guru MarkZ [via PDK] There is no bad news. As I have been told by many folks…yes…everything is ready…they are waiting on somebody to flip the switch. [This is emotionally exhausting.] It is emotionally exhausting. I share the frustration and exhaustion with you. [It will never be perfect…at some point they just have to let go.] I agree with you. Many people I know up the chain agree with you…with the QFS I think it’s as good as it’s going to get. They say we need to pull the trigger…I agree with them...
4-13-2021 Intel Guru Frank26 Article: [Adapt to the exchange rate] Quote: 'to adopt the method of "flotation" Al-Madar - in the next step, in conjunction with the increase in the central reserves...' You now understand - Phase One: Solid date 1 to 1 fixed rate. Phase Two: Bring in enough zeros...and we will give you [CBI] the opportunity to raise the value again. How about $1.19 or $1.46? Outside of the country the same thing is happening. Strengths and stability is being added to your currency...because of the investors...they recognize that Iraq now qualifies for the international rate of their currency. When it enters Phase Three: Maybe 6,7,8 months later as it floats...that's the next step after we do phase 1 and 2...these phases are upon us.
4-13-2021 Intel Guru MarkZ [via PDK] [What’s your predecition?] My best guess is “anyday” could be today…could be tomorrow …could be a week…we simply do not know. [Do you think we will have it in April?] I thought we would have in March. But yes I think we will see it in April. I did speak to one redemption center contact who said they will be on call this weekend. The chatter out of Iraq is still exceptionally good...more statements from the finance minister over there saying they will soon have the best currency in the region.
4-13-2021 Intel Guru Frank26 The goal is to change the rate again. These articles are coming out and they're saying 'we're changing the rate of the American dollar. No. The CBI has no authority to do anything with the exchange rate - only the U.S. Treasury...not understanding the translation properly really applies to these articles. That's why they get you depressed and confused...they are talking about the exchange rate of the Iraqi dinar AGAINST the American dollar...that's the only way they can talk about it...these articles are not saying they're going to decrease the value [of the dinar]...
4-13-2021 Newshound Guru MilitiaMan They (Parliament) are clearly stating the 2021 budget has been approved to price oil in dinars now. The PM states the 2021 budget is financing the the Port of Faw project in the billions. To price oil in dinars is only possible with an exchange rate change, imo. Whereby, if the deletion of the zeroes is to happen, then it would make sense, as there are not enough dinars in existence to do so in dinars. With an approximate 4 million barrels of oil a day at say $65.00 brl is upwards of 379.6 billion dinars a day... Nope not going to happen imo... Drop the 3 zeros and that can happen... And hence the projects cornerstones are being put in place today. imo.
4-13-2021 Newshound Guru Kaperoni ...The dinar exchange rate is the dinar exchange rate. The word..."program rate"...was taken from IMF consultations with Iraq that referred to agreements...it is not some temporary exchange rate in anticipation of some significant other rate or RV...
4-13-2021 Intel Guru Frank26 Article: [Adapt to the exchange rate] Quote: 'to adopt the method of "flotation" Al-Madar - in the next step, in conjunction with the increase in the central reserves...' You now understand - Phase One: Solid date 1 to 1 fixed rate. Phase Two: Bring in enough zeros...and we will give you [CBI] the opportunity to raise the value again. How about $1.19 or $1.46? Outside of the country the same thing is happening. Strengths and stability is being added to your currency...because of the investors...they recognize that Iraq now qualifies for the international rate of their currency. When it enters Phase Three: Maybe 6,7,8 months later as it floats...that's the next step after we do phase 1 and 2...these phases are upon us.
4-13-2021 Intel Guru MarkZ [via PDK] [What’s your predecition?] My best guess is “anyday” could be today…could be tomorrow …could be a week…we simply do not know. [Do you think we will have it in April?] I thought we would have in March. But yes I think we will see it in April. I did speak to one redemption center contact who said they will be on call this weekend. The chatter out of Iraq is still exceptionally good...more statements from the finance minister over there saying they will soon have the best currency in the region.
4-13-2021 Intel Guru Frank26 The goal is to change the rate again. These articles are coming out and they're saying 'we're changing the rate of the American dollar. No. The CBI has no authority to do anything with the exchange rate - only the U.S. Treasury...not understanding the translation properly really applies to these articles. That's why they get you depressed and confused...they are talking about the exchange rate of the Iraqi dinar AGAINST the American dollar...that's the only way they can talk about it...these articles are not saying they're going to decrease the value [of the dinar]...
4-13-2021 Newshound Guru MilitiaMan They (Parliament) are clearly stating the 2021 budget has been approved to price oil in dinars now. The PM states the 2021 budget is financing the the Port of Faw project in the billions. To price oil in dinars is only possible with an exchange rate change, imo. Whereby, if the deletion of the zeroes is to happen, then it would make sense, as there are not enough dinars in existence to do so in dinars. With an approximate 4 million barrels of oil a day at say $65.00 brl is upwards of 379.6 billion dinars a day... Nope not going to happen imo... Drop the 3 zeros and that can happen... And hence the projects cornerstones are being put in place today. imo.
4-13-2021 Newshound Guru Kaperoni ...The dinar exchange rate is the dinar exchange rate. The word..."program rate"...was taken from IMF consultations with Iraq that referred to agreements...it is not some temporary exchange rate in anticipation of some significant other rate or RV...
4-12-2021 Newshound Guru MilitiaMan There are massive demonstrations on going, etc...Everyone knows that going to a market economy is based on the country being Article 8 Compliant with freedom of capital movement. We see proof of that now in the markets and the implementation of projects. Massive ones!! Port of Faw, GE, etc... They didn’t agree on the financing at a program rate, imo.
4-12-2021 Intel Guru Footforward ...the dinar rate...will be one to one...I very specifically tell people it's my opinion it can't be that... [reference Footforward post 3-31-2021]
4-12-2021 Newshound Guru MilitiaMan Article: "Adapt to the exchange rate" Quotes: "except by liberalizing the exchange rate and creating monetary stability in an atmosphere of freedom of exchange and circulation"; "...which is likely to adopt the method of "floatation." This article is so very telling. We have seen they increased their reserves. They have found that the political banter of late created an environment that Investors, I.E., "COUNTRIES" were not pleased with which created instability. Now that the budget has been signed and about ready to be opened, they returned in full force. Kahdimi did the rounds recently and for good reason. The region not only knows it is show time but, the world does now imo... Those that wrote the feasibility study for the country, have the reigns now and will float the currency while the reconstruction effort is underway. They want stability and will get it with a stable exchange rate that is not 1460...imo... This is a rock star article! They will have to show us the color of the money too. It is coming...imo.
4-12-2021 Intel Guru MarkZ [via PDK] I have been able to confirm with contacts on the ground in different regions in Iraq...Bagdad, Kurdistan and Fallugia…that there are no changes in the rate on the street yet. I have contacted platform traders and What they are showing on some of the larger platforms is some of the nations are already trading with Iraq on a 1 to 1 basis with the US dollar…this is important because it signals exactly where we are headed. We do not know the timing…nobody does...But, we think it can be as early as this week. I was also being told that they are already trading cash dinar and selling oil with a revaluation of 1 to 1. This is a enormous change and a huge step and it has me beyond a little bit excited. We could see a serious change in value at any moment. [post 2 of 2]
4-12-2021 Intel Guru MarkZ [via PDK] [Is this our lucky day?] I sure hope it’s our lucky day. There is a lot going on. Was the budget in the Gazette Saturday…. NO. There was an announcement that the budget was passed in the Gazette on Saturday with commentary…but nothing official. There were articles this weekend from Iraq that referred to the RV of the Dinar in “past tense”... This is important. They refer to the dinar as “The strongest Currency in the Region”...wow…kuwait has been the strongest currency in the region recently at a rate of about $3.31 to the USD... [post 1 of 2....stay tuned]
4-12-2021 Newshound Guru MilitiaMan Article: "After April 9, 2003 .. Prospects for Financial Development and Existing Challenges" Quote: "...the issuance of the new currency, which resulted in** raising the price of the Iraqi dinar and making it get out of the prison in which he lived during the era of the previous regime, and his purchasing power improved rapidly, with financial and economic measures taken." And that "the Iraqi dinar, after 18 years, has become stronger than many currencies of neighboring countries, and others, regionally and globally, with the availability of a monetary block that is good compared to the Current circumstances..." Let that start to sink in... The issuance of a new currency...One where they raised the price of the IQD... But be sure, imo...they are telling us what has been done and in my opinion to be exposed...imo!...(wink)
4-12-2021 Intel Guru Footforward ...the dinar rate...will be one to one...I very specifically tell people it's my opinion it can't be that... [reference Footforward post 3-31-2021]
4-12-2021 Newshound Guru MilitiaMan Article: "Adapt to the exchange rate" Quotes: "except by liberalizing the exchange rate and creating monetary stability in an atmosphere of freedom of exchange and circulation"; "...which is likely to adopt the method of "floatation." This article is so very telling. We have seen they increased their reserves. They have found that the political banter of late created an environment that Investors, I.E., "COUNTRIES" were not pleased with which created instability. Now that the budget has been signed and about ready to be opened, they returned in full force. Kahdimi did the rounds recently and for good reason. The region not only knows it is show time but, the world does now imo... Those that wrote the feasibility study for the country, have the reigns now and will float the currency while the reconstruction effort is underway. They want stability and will get it with a stable exchange rate that is not 1460...imo... This is a rock star article! They will have to show us the color of the money too. It is coming...imo.
4-12-2021 Intel Guru MarkZ [via PDK] I have been able to confirm with contacts on the ground in different regions in Iraq...Bagdad, Kurdistan and Fallugia…that there are no changes in the rate on the street yet. I have contacted platform traders and What they are showing on some of the larger platforms is some of the nations are already trading with Iraq on a 1 to 1 basis with the US dollar…this is important because it signals exactly where we are headed. We do not know the timing…nobody does...But, we think it can be as early as this week. I was also being told that they are already trading cash dinar and selling oil with a revaluation of 1 to 1. This is a enormous change and a huge step and it has me beyond a little bit excited. We could see a serious change in value at any moment. [post 2 of 2]
4-12-2021 Intel Guru MarkZ [via PDK] [Is this our lucky day?] I sure hope it’s our lucky day. There is a lot going on. Was the budget in the Gazette Saturday…. NO. There was an announcement that the budget was passed in the Gazette on Saturday with commentary…but nothing official. There were articles this weekend from Iraq that referred to the RV of the Dinar in “past tense”... This is important. They refer to the dinar as “The strongest Currency in the Region”...wow…kuwait has been the strongest currency in the region recently at a rate of about $3.31 to the USD... [post 1 of 2....stay tuned]
4-12-2021 Newshound Guru MilitiaMan Article: "After April 9, 2003 .. Prospects for Financial Development and Existing Challenges" Quote: "...the issuance of the new currency, which resulted in** raising the price of the Iraqi dinar and making it get out of the prison in which he lived during the era of the previous regime, and his purchasing power improved rapidly, with financial and economic measures taken." And that "the Iraqi dinar, after 18 years, has become stronger than many currencies of neighboring countries, and others, regionally and globally, with the availability of a monetary block that is good compared to the Current circumstances..." Let that start to sink in... The issuance of a new currency...One where they raised the price of the IQD... But be sure, imo...they are telling us what has been done and in my opinion to be exposed...imo!...(wink)
4-11-2021 Guest Guru sheila ...especially expectant this week. From what I am reading...April 14th is next Iraq Gazette issue and April 15th is when UN Operational Rates should be updated and posted...[IMO]...
4-11-2021 Newshound/Intel Guru RVAlready The CBI does not need the budget to be in the gazette. They are setting the exchange rate for the currency. They do not require the budget in the gazette to do that.
4-11-2021 Intel Guru RayRen98 ...Budget law is now effective and in place and there is no going back and adding or reviewing the budget. On Iraq tv earlier today. CBI is up to bat.
4-11-2021 Newshound/Intel Guru RVAlready The CBI does not need the budget to be in the gazette. They are setting the exchange rate for the currency. They do not require the budget in the gazette to do that.
4-11-2021 Intel Guru RayRen98 ...Budget law is now effective and in place and there is no going back and adding or reviewing the budget. On Iraq tv earlier today. CBI is up to bat.
4-10-2021 Intel Guru Frank26 The 50,000 dinar note...this is the state of the art currency. There are so many protective feature on this currency. Not even the United States dollar comes close to it...if ever terrorist get ahold of this money boy will they be able to be found quickly...Why would the IMF go thought so much trouble with the CBI to create the state-of-the-art currency for a program rate? Well they wouldn't...Why the change? I think you know why...
4-10-2021 Intel/Newshound Guru Holly Rv News: Iraq’s budget is to be printed in the gazette Saturday and we are looking for that. No news out of Iraq yet. I am not sure what time they publish the gazette. There are a lot of people that seem to think the budget will be published at the new rate. I actually don't believe that is what will happen. I think they will apply the new rate to the budget once it is announced and if needed have an addendum or supplemental budget to make any other changes. We are so close everyone. I do not want to put dates or anything out but we are so close. Yes I know, we have heard that before. Yes but Iraq has never gotten this far and now it is proof where we are. They can not not hold this back anymore.
4-10-2021 Intel Guru Frank26 There are people [bank personnel in the United States larger banks] well educated about the Iraqi dinar. They've been taught. They've been schooled. They've received memos from the CBI and the BIS. They know very well. They see it [Iraqi dinar] on their screen. They recognize it and it says right now it is not to be dealt with. There are sidebar notes that tell them prepare yourselves banks. And the banks have prepared themselves...all of them know, 'yeah, we'll be able to exchange the Iraqi dinar' whereas before it was 'nope, it's a scam.' Because there was no information. No knowledge...a lot of people are starting to find out now because they're going to their banks [larger ones]...
4-10-2021 Intel Guru MarkZ [via PDK] [With the QFS we won’t need to insure our funds through Lloyds- is that correct?] Yes- as I understand it if you keep your funds in a QFS account we will no longer have to insure our funds through Lloyds or any or those. But, if you held your funds in other accounts besides the QFS…say you want to earn interest or whatever…then you would be silly not to insure it. That’s my opinion…check with a professional banker. [Always speak with multiple unbiased financial professionals (meaning other than your banker) at the appropriate time to strategize how best protect your wealth under your unique circumstances. ]
4-10-2021 Intel/Newshound Guru Holly Rv News: Iraq’s budget is to be printed in the gazette Saturday and we are looking for that. No news out of Iraq yet. I am not sure what time they publish the gazette. There are a lot of people that seem to think the budget will be published at the new rate. I actually don't believe that is what will happen. I think they will apply the new rate to the budget once it is announced and if needed have an addendum or supplemental budget to make any other changes. We are so close everyone. I do not want to put dates or anything out but we are so close. Yes I know, we have heard that before. Yes but Iraq has never gotten this far and now it is proof where we are. They can not not hold this back anymore.
4-10-2021 Intel Guru Frank26 There are people [bank personnel in the United States larger banks] well educated about the Iraqi dinar. They've been taught. They've been schooled. They've received memos from the CBI and the BIS. They know very well. They see it [Iraqi dinar] on their screen. They recognize it and it says right now it is not to be dealt with. There are sidebar notes that tell them prepare yourselves banks. And the banks have prepared themselves...all of them know, 'yeah, we'll be able to exchange the Iraqi dinar' whereas before it was 'nope, it's a scam.' Because there was no information. No knowledge...a lot of people are starting to find out now because they're going to their banks [larger ones]...
4-10-2021 Intel Guru MarkZ [via PDK] [With the QFS we won’t need to insure our funds through Lloyds- is that correct?] Yes- as I understand it if you keep your funds in a QFS account we will no longer have to insure our funds through Lloyds or any or those. But, if you held your funds in other accounts besides the QFS…say you want to earn interest or whatever…then you would be silly not to insure it. That’s my opinion…check with a professional banker. [Always speak with multiple unbiased financial professionals (meaning other than your banker) at the appropriate time to strategize how best protect your wealth under your unique circumstances. ]
4-9-2021 Guest Guru sheila ...my one banker friend says it could go up to 16$ but to exchange when it hits 8-10 fast...cause when it hits 16, it will drop like rock back to 3.71 or 4 something, like in one day.
4-9-2021 Intel Guru MarkZ [via PDK] [I only have Vietnamese Dong. Will I be included in tier 4B?] yes you would be included.
4-9-2021 Intel Guru Bruce ...Wednesday/Saturday – those are the 2 days of the week they use to publish any official information in their gazette...does that mean we have to wait until that dinar is seen or that budget is printed in the gazette...I don’t think so...what is really cool is the rate for the dong and dinar were on the bank screens...[Wednesday] but they came off at 4 pm in the afternoon... So I think we are in the last stages of the waiting game for this and I appreciate every ones patience - it’s been difficult I know for a lot of people...everybody is ready and rocking to go - I think we should keep our eyes open the next couple of days...
4-9-2021 Intel Guru MarkZ [via PDK] Mostly a “nothing burger” in the news as expected. We really don’t expect any news until tomorrow...
4-9-2021 Intel Guru Frank26 [Bank story continued] 'He [Bank] says yes what foreign currency do you have and he [his brother] says the Iraqi dinar and he [bank] says yes it's on our list and soon you'll be able to bring it in but we can't help you right now...when it is recognized we will be able to bring you in.' - This is a pattern. A lot of banks are saying this. Not every bank...most banks are still being quiet about it. But the big banks. Don't be calling a mom and pop place...they aren't going to tell me that oh it's about to revalue or we know about it and what's about to happen. They're not going to be bold about it. But they're not being nasty. Isn't that interesting? I think so. [Post 2 of 2]
4-9-2021 Intel Guru Frank26 Bank Story from community member: He calls his brother and says 'You know what that guy [Guru] Frank26 told us to go to the bank and ask questions? I did it...They [Chase bank] told me yeah...we see the Iraqi dinar. It's on our computer screens and when it's accepted worldwide bring it in...by the way what kind of denominations do you have? [Frank: they wanted to know what the denominations and how much you had and everything?] 'yeah I didn't divulge how much of it I had, I was so excited I called my brother...he decided to call BOA [Bank of America] down in Texas...and lo and behold the same thing happened to him. He says do y'all exchange foreign currency?' [Post 1 of 2....stay tuned]
4-9-2021 Intel/Newshound Guru sandyf When the budget is ratified it will be published by the MOJ and will appear on their ...The only official English version of a budget I have ever seen is from the Iraq Law Library and that usually takes some time. The budget will be applied retrospectively to the 1st Jan, start of the financial year. The budget is a summary of income and expenditure and their is no exchange rate involved, the only exchange rate is the conversion of the budget from IQD to USD for interested parties such as the IMF.
4-9-2021 Intel Guru MarkZ [via PDK] [I only have Vietnamese Dong. Will I be included in tier 4B?] yes you would be included.
4-9-2021 Intel Guru Bruce ...Wednesday/Saturday – those are the 2 days of the week they use to publish any official information in their gazette...does that mean we have to wait until that dinar is seen or that budget is printed in the gazette...I don’t think so...what is really cool is the rate for the dong and dinar were on the bank screens...[Wednesday] but they came off at 4 pm in the afternoon... So I think we are in the last stages of the waiting game for this and I appreciate every ones patience - it’s been difficult I know for a lot of people...everybody is ready and rocking to go - I think we should keep our eyes open the next couple of days...
4-9-2021 Intel Guru MarkZ [via PDK] Mostly a “nothing burger” in the news as expected. We really don’t expect any news until tomorrow...
4-9-2021 Intel Guru Frank26 [Bank story continued] 'He [Bank] says yes what foreign currency do you have and he [his brother] says the Iraqi dinar and he [bank] says yes it's on our list and soon you'll be able to bring it in but we can't help you right now...when it is recognized we will be able to bring you in.' - This is a pattern. A lot of banks are saying this. Not every bank...most banks are still being quiet about it. But the big banks. Don't be calling a mom and pop place...they aren't going to tell me that oh it's about to revalue or we know about it and what's about to happen. They're not going to be bold about it. But they're not being nasty. Isn't that interesting? I think so. [Post 2 of 2]
4-9-2021 Intel Guru Frank26 Bank Story from community member: He calls his brother and says 'You know what that guy [Guru] Frank26 told us to go to the bank and ask questions? I did it...They [Chase bank] told me yeah...we see the Iraqi dinar. It's on our computer screens and when it's accepted worldwide bring it in...by the way what kind of denominations do you have? [Frank: they wanted to know what the denominations and how much you had and everything?] 'yeah I didn't divulge how much of it I had, I was so excited I called my brother...he decided to call BOA [Bank of America] down in Texas...and lo and behold the same thing happened to him. He says do y'all exchange foreign currency?' [Post 1 of 2....stay tuned]
4-9-2021 Intel/Newshound Guru sandyf When the budget is ratified it will be published by the MOJ and will appear on their ...The only official English version of a budget I have ever seen is from the Iraq Law Library and that usually takes some time. The budget will be applied retrospectively to the 1st Jan, start of the financial year. The budget is a summary of income and expenditure and their is no exchange rate involved, the only exchange rate is the conversion of the budget from IQD to USD for interested parties such as the IMF.
4-8-2021 Intel Guru MarkZ [via PDK] [Is there a certain day that’s best for banks to show the RV?] I used to think so …in the beginning banks had “windows” of the best days to rv…but now with the QFS I believe it could be any day. It does not matter anymore imo.
4-8-2021 Newshound Guru Kaperoni The president of the Republic of Iraq has signed off on the 2021 budget. They will begin implementing it tomorrow (Thursday)...
4-8-2021 Newshound Guru MilitiaMan I'm just glad to see that the central bank has been in the process of improving the exchange process. It looks good, really good...
4-8-2021 Intel Guru Frank26 Never in the history of Iraq have we ever seen a budget approved signed sealed and delivered and implemented. Never. The dictatorships of Iraq have always stolen the money. Not only from the government but from the CBI auctions...what does the budget have to do with the monetary reform? A lot. The exchange rate is it. The HCL is in there...
4-8-2021 Intel Guru MarkZ [via PDK] There is tremendous expectations for Saturday…we have seen more and more articles from Iraq talking about that budget …it is signed and done…and it posting in the Gazette on Saturday. So anytime between now and then we suspect is fairgame. I am feeling very good about things.
4-8-2021 Newshound Guru Pimpy Article: "The president of the Republic approves the 2021 budget and returns it to the government to implement it, starting tomorrow" Yay finally it's been ratified. No rate change was in there unfortunately. We'd love to see one...congrats the budget is done...this is great. This is what we want to see...these are big steps in the right direction...
4-8-2021 Intel/Newshound Guru Holly RV News: Since the weekend there are a lot of black outs on intel still. I am hearing some appointments are being made for later this week. The dam is ready to burst open. Iraq should have their new rate. That is what we are waiting on now. Once that is out the genie can not be put back on the bottle. We are on the cusp of this to go.
4-8-2021 Intel Guru Frank26 Allawi Video quote: "We started with reforms, we started the process of automation, reform processes related to the currency and the exchange rate, and these are all measures aimed at straightening the Iraqi economy." ...amen, glory hallelujah, praise God! ...this is it right here.
4-8-2021 Intel Guru MarkZ [via PDK] [What are you hearing are the dinar rates?] On the street rate I hear it will be about $3.91 for tier 5… the contract rate for tier 4b of around $8.00…I hope this is accurate. [Do you believe Tier 5- the general public will go at the same time as the rest of us?] Yes I absolutely believe that. The tier 5 rate is if you go to a bank and exchange for the street rate which will be a lower rate than if you exchange at the 4b rate at a redemption center. Some people will do that. The only difference between tier 5 and tier 4b is tier 4b knows there is a contract rate…they are keeping up with it…they are informed. Tier 5 may have been gifted…not really paying attention and will just go to a bank to exchange it when they think about it sometime or someone tells them it rv’d.
4-8-2021 Newshound Guru Kaperoni The president of the Republic of Iraq has signed off on the 2021 budget. They will begin implementing it tomorrow (Thursday)...
4-8-2021 Newshound Guru MilitiaMan I'm just glad to see that the central bank has been in the process of improving the exchange process. It looks good, really good...
4-8-2021 Intel Guru Frank26 Never in the history of Iraq have we ever seen a budget approved signed sealed and delivered and implemented. Never. The dictatorships of Iraq have always stolen the money. Not only from the government but from the CBI auctions...what does the budget have to do with the monetary reform? A lot. The exchange rate is it. The HCL is in there...
4-8-2021 Intel Guru MarkZ [via PDK] There is tremendous expectations for Saturday…we have seen more and more articles from Iraq talking about that budget …it is signed and done…and it posting in the Gazette on Saturday. So anytime between now and then we suspect is fairgame. I am feeling very good about things.
4-8-2021 Newshound Guru Pimpy Article: "The president of the Republic approves the 2021 budget and returns it to the government to implement it, starting tomorrow" Yay finally it's been ratified. No rate change was in there unfortunately. We'd love to see one...congrats the budget is done...this is great. This is what we want to see...these are big steps in the right direction...
4-8-2021 Intel/Newshound Guru Holly RV News: Since the weekend there are a lot of black outs on intel still. I am hearing some appointments are being made for later this week. The dam is ready to burst open. Iraq should have their new rate. That is what we are waiting on now. Once that is out the genie can not be put back on the bottle. We are on the cusp of this to go.
4-8-2021 Intel Guru Frank26 Allawi Video quote: "We started with reforms, we started the process of automation, reform processes related to the currency and the exchange rate, and these are all measures aimed at straightening the Iraqi economy." ...amen, glory hallelujah, praise God! ...this is it right here.
4-8-2021 Intel Guru MarkZ [via PDK] [What are you hearing are the dinar rates?] On the street rate I hear it will be about $3.91 for tier 5… the contract rate for tier 4b of around $8.00…I hope this is accurate. [Do you believe Tier 5- the general public will go at the same time as the rest of us?] Yes I absolutely believe that. The tier 5 rate is if you go to a bank and exchange for the street rate which will be a lower rate than if you exchange at the 4b rate at a redemption center. Some people will do that. The only difference between tier 5 and tier 4b is tier 4b knows there is a contract rate…they are keeping up with it…they are informed. Tier 5 may have been gifted…not really paying attention and will just go to a bank to exchange it when they think about it sometime or someone tells them it rv’d.
4-7-2021 Newshound Guru MilitiaMan the main thing is, is that they tell us the budget will be applied retroactively for many many months. Implementing that retroactively from the 31st tells you them stopping the auctions has all been timed...for this particular purpose because it's all about the exchange rate...it's awesome. Good deal.
4-7-2021 Intel Guru RayRen98 A Shafq News source reported that President Saleh has ratified the 2021 Budget Law and returned it to the Ministry of Finance to start work on it for Thursday.
4-7-2021 Newshound/Intel Guru Petra This is the endgame. This is what we've been waiting for...once that thing [the 2021 passed budget] is signed that is game over...it's gonna be the last second and they'll release the parade. But they are officially on the clock so that's the good news. It's getting sweeter and sweeter every day because every day we're getting closer and closer to what we're waiting for. So yeah all very very exciting...
4-7-2021 Intel Guru Frank26 Article: "After weeks of delay, Iraq's council of representatives passes budget for 2021" The fact that this budget has been passed is only because they have a new exchange rate. They have never had one before...
4-7-2021 Intel Guru MarkZ [via PDK] We were hoping to see the budget in the Gazette this morning…we did not. I hear the President signed off on it to late last night to have it posted this morning but we are to expect it in the Saturday Morning Gazette. There just wasn’t enough time from approval to printing for it to be in today’s Gazette. I heard from my ministry contact in Iraq they expect to see it in the Gazette on Saturday. For those that don’t know…the Gazette- the National papers for Iraq publishes on Wednesdays and Saturdays. The Gazette comes after it done…but where we can see it, touch it, taste it, eat it…is in the Gazette. I am exceptionally upbeat and positive…not a bit worried.
4-7-2021 Newshound Guru Pimpy Again I have to bring this up because people are asking me. Again, no, there is no 1 for 1 exchange rate happening in Iraq. That's false. I told you guys what that would create. A huge large black market of the Iraqi dinar. You would have people buying cheap out of country smuggling the in country exchange the 1 for 1 grabbing their profits and running back out of country buying more dinar and going back in. When the exchange rate happens it happens inside country and out of country all at the same time...
4-7-2021 Intel Guru MarkZ [via PDK] [Do you think there will be taxes on this?] No I do not. I have been told repeatedly there will not be taxes… Could I be wrong-yes… [Remember, consult your tax professional at the appropriate time]
4-7-2021 Newshound/Intel Guru Petra Guess who's coming to Iraq in a couple days? Barzani the head of Kurdistan...his deal is done. He got his 13.97% which is a lot more than I thought he was going to get...he's coming to town. Why would he be coming to town? It's not to negotiate some more for his contract. He's got it. It's signed. It's done...the timing...it makes a lot of sense.
4-7-2021 Newshound Guru MilitiaMan Article: "US-Iraq strategic dialogue to take place on April 7" Quote: "The relationship between the US and Iraq, including its military presence in the country, is based on a strategic framework agreement signed in 2008. It called for close defense co-operation to deter threats to Iraq's “sovereignty, security and territorial integrity." The talks, due to take place next Wednesday, will focus on security, counterterrorism, economics and energy, political issues, and educational and cultural co-operation. Gotta love the timing of things...The economics and energy has my attention for obvious reasons... The oil deals we see of late are all about economics, yet, security is a part of that and big time too. The Tripartite with Jordan and Egyptis the following day... Watch and see... This is all for a purpose... I like it! imo...
4-7-2021 Intel Guru RayRen98 A Shafq News source reported that President Saleh has ratified the 2021 Budget Law and returned it to the Ministry of Finance to start work on it for Thursday.
4-7-2021 Newshound/Intel Guru Petra This is the endgame. This is what we've been waiting for...once that thing [the 2021 passed budget] is signed that is game over...it's gonna be the last second and they'll release the parade. But they are officially on the clock so that's the good news. It's getting sweeter and sweeter every day because every day we're getting closer and closer to what we're waiting for. So yeah all very very exciting...
4-7-2021 Intel Guru Frank26 Article: "After weeks of delay, Iraq's council of representatives passes budget for 2021" The fact that this budget has been passed is only because they have a new exchange rate. They have never had one before...
4-7-2021 Intel Guru MarkZ [via PDK] We were hoping to see the budget in the Gazette this morning…we did not. I hear the President signed off on it to late last night to have it posted this morning but we are to expect it in the Saturday Morning Gazette. There just wasn’t enough time from approval to printing for it to be in today’s Gazette. I heard from my ministry contact in Iraq they expect to see it in the Gazette on Saturday. For those that don’t know…the Gazette- the National papers for Iraq publishes on Wednesdays and Saturdays. The Gazette comes after it done…but where we can see it, touch it, taste it, eat it…is in the Gazette. I am exceptionally upbeat and positive…not a bit worried.
4-7-2021 Newshound Guru Pimpy Again I have to bring this up because people are asking me. Again, no, there is no 1 for 1 exchange rate happening in Iraq. That's false. I told you guys what that would create. A huge large black market of the Iraqi dinar. You would have people buying cheap out of country smuggling the in country exchange the 1 for 1 grabbing their profits and running back out of country buying more dinar and going back in. When the exchange rate happens it happens inside country and out of country all at the same time...
4-7-2021 Intel Guru MarkZ [via PDK] [Do you think there will be taxes on this?] No I do not. I have been told repeatedly there will not be taxes… Could I be wrong-yes… [Remember, consult your tax professional at the appropriate time]
4-7-2021 Newshound/Intel Guru Petra Guess who's coming to Iraq in a couple days? Barzani the head of Kurdistan...his deal is done. He got his 13.97% which is a lot more than I thought he was going to get...he's coming to town. Why would he be coming to town? It's not to negotiate some more for his contract. He's got it. It's signed. It's done...the timing...it makes a lot of sense.
4-7-2021 Newshound Guru MilitiaMan Article: "US-Iraq strategic dialogue to take place on April 7" Quote: "The relationship between the US and Iraq, including its military presence in the country, is based on a strategic framework agreement signed in 2008. It called for close defense co-operation to deter threats to Iraq's “sovereignty, security and territorial integrity." The talks, due to take place next Wednesday, will focus on security, counterterrorism, economics and energy, political issues, and educational and cultural co-operation. Gotta love the timing of things...The economics and energy has my attention for obvious reasons... The oil deals we see of late are all about economics, yet, security is a part of that and big time too. The Tripartite with Jordan and Egyptis the following day... Watch and see... This is all for a purpose... I like it! imo...
4-6-2021 Intel Guru MarkZ [via PDK] [What’s really holding this up – in your opinion?] Safety, Security. I think they have come to the conclusion though that there will never be a perfect release. I think there are a couple of things... Safety and a reasonable amount for the currencies. Keep in mind guys that over 2 trillion in dinar have been taken off the streets in about a month...and out of illegal, illicit and nefarious hands throughout the middle east…you can see in the news they have done a tremendous job getting it off the streets…. Then there is the timing…is there a good crisis to roll it out. I think one more good financial crisis...and Boom…we are there...I believe we are now at a “any day” thing…based on what I am hearing.
4-6-2021 Newshound Guru Pimpy Article: "It will continue for five years and 600 pending procedures. Allawi reveals the second part of the white paper" This is the one article that people are a little bit confused about...for some reason people are thinking that the exchange rate is gonna stay the same for that long and nowhere in here does it say that it's gonna take five years before they change the rate.
4-6-2021 Intel Guru Frank26 Only pay attention to the Prime Minister Kazemi. Only pay attention to the Central Bank Governor Mustafa...all the negativity you see out there in those article you have been well trained how to decipher it...I saw a post from someone today that said I saw that article today it was from parliament, yeah it was his opinion so I flushed it. I posted well done good student...that's how you get rid of these headaches. If you really want to be aware of what you're doing with this investment you have to be a good student...
4-6-2021 Intel Guru MarkZ [via PDK] The good news coming out of Iraq is they shut down all foreign currency auctions on us dollar and Iraqi Dinar yesterday…they won’t sell any more in anticipation of the change in value. One article I read is (if translated right) sometimes in the next 10 days they expect a change in value.
4-6-2021 Newshound/Intel Guru Petra Stopping the auctions...nobody wants to be on the bad side of the equation. I consider it like hot potatoes...You didn't want to be stuck with the hot potato when the music turns off. The banks are feeling the same way. They don't want to be stuck holding that hot potato and they lose on the transaction. They're very very conservative. IOO they are being very wise in holding off on those auction until Monday-Tuesday-Wednesday of next week. There's got to be a reason for that. Right now the budget has not formally become law because it has not been signed by the president to our knowledge and it has not gone into the gazette. The president has between 3 and 15 days to sign that budget...we have until the 14th for that event to occur. Again, rate before budget. The rate has to be in that budget before it becomes law. We're in quite a countdown now.
4-6-2021 Intel Guru Frank26 Aren't you impressed, now I know it's not signed but...we have a budget. Do you realize that we've never had a budget since 2003 when we went in there to rescue them. There was no budget. Why? There was no need. Why? There was no new rate. Now all of sudden we have a new budget for the very first time. The president is about to sign it. It's about to come in and bring in the white papers. Don't you just find it delicious?
4-6-2021 Newshound Guru Pimpy Article: "It will continue for five years and 600 pending procedures. Allawi reveals the second part of the white paper" This is the one article that people are a little bit confused about...for some reason people are thinking that the exchange rate is gonna stay the same for that long and nowhere in here does it say that it's gonna take five years before they change the rate.
4-6-2021 Intel Guru Frank26 Only pay attention to the Prime Minister Kazemi. Only pay attention to the Central Bank Governor Mustafa...all the negativity you see out there in those article you have been well trained how to decipher it...I saw a post from someone today that said I saw that article today it was from parliament, yeah it was his opinion so I flushed it. I posted well done good student...that's how you get rid of these headaches. If you really want to be aware of what you're doing with this investment you have to be a good student...
4-6-2021 Intel Guru MarkZ [via PDK] The good news coming out of Iraq is they shut down all foreign currency auctions on us dollar and Iraqi Dinar yesterday…they won’t sell any more in anticipation of the change in value. One article I read is (if translated right) sometimes in the next 10 days they expect a change in value.
4-6-2021 Newshound/Intel Guru Petra Stopping the auctions...nobody wants to be on the bad side of the equation. I consider it like hot potatoes...You didn't want to be stuck with the hot potato when the music turns off. The banks are feeling the same way. They don't want to be stuck holding that hot potato and they lose on the transaction. They're very very conservative. IOO they are being very wise in holding off on those auction until Monday-Tuesday-Wednesday of next week. There's got to be a reason for that. Right now the budget has not formally become law because it has not been signed by the president to our knowledge and it has not gone into the gazette. The president has between 3 and 15 days to sign that budget...we have until the 14th for that event to occur. Again, rate before budget. The rate has to be in that budget before it becomes law. We're in quite a countdown now.
4-6-2021 Intel Guru Frank26 Aren't you impressed, now I know it's not signed but...we have a budget. Do you realize that we've never had a budget since 2003 when we went in there to rescue them. There was no budget. Why? There was no need. Why? There was no new rate. Now all of sudden we have a new budget for the very first time. The president is about to sign it. It's about to come in and bring in the white papers. Don't you just find it delicious?
4-5-2021 Newshound Guru MilitiaMan Will that rate leak out, maybe not? We shall see. There were articles to support that an exchange rate change is coming. The citizens are getting hammered in respect to goods services, pricing, etc...So, I feel comfortable knowing that the fear of the buying the dollar is a sign of a big change thus the closure of the auction. No one wants to be holding the bag and be on the wrong side of a trade with a big move expected to come.. That can be disastrous in magnitude...Therefore, the planning had to be done down to the wire and that wire got started Wednesday of last week so they say... 03/31/2021. Let’s see what the next 24-96 hours brings!! Real close anyway!! imo, it shall be interesting to say the least! Imo...
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4-5-2021 Newshound Guru MilitiaMan Article: "The currency auction stops for a week as a result of banks’ fear of changing the dollar’s price" They have enough dollar reserves to get them through until a new exchange rate is applied, hence the fear of buying now. We have been told that this would happen in the past. They told us dollars will get scarce before the new dollar will be used again. So by staying out of the market reduces risk. With all the international contracts coming in, they’ll need an international exchange rate applied for to facilitate the foreign exchange with freedom of capital. They also note that the budget will be applied in a timely manner while dealing with the exchange rate. All within this week or so... [post 1 of 2....stay tuned]
4-5-2021 Newshound Guru Kaperoni ...There is no RV, it's not how monetary policy works. All you have to do is read the IMF Article IV Consultation with Iraq to know there is no RV or change in the exchange rate expected...I assure you they'll be no change in the exchange rate in April, for that matter the entire year...
4-5-2021 Newshound Guru Pimpy ...there is a lot of chitter chatter going on with these middle eastern countries...there's some concern about the current administration being in there...what they hope doesn't happen is the same thing that happened under the O---- administration...while the United States is having dialogue and meetings with Iraq at the same time they are also negotiating with Iran on their nuclear deal...I'm thinking that a lot of these countries over there...want some type of reassurance...
4-5-2021 Intel Guru MarkZ [via PDK] [Mark do you think Iraq will RV first or do you all countries will go together after this weekend.] I believe we all go together…iraq is positioned to go by itself if we do not get our heads out of the sand. On the RV front…over the weekend...some audio straight out of Iraq...They are taking about changing the value of the dinar and the reforms. What they have done and what are doing... This is real and this is coming…. On the RV front I did not expect any news until later on today or Tuesday because the World Banking is shut down over Easter.
4-5-2021 Newshound Guru Pimpy ...It seems like every single day the exchange rate is in the news for one reason or another...just be careful about how you're reading these things...all it is simplified is they're trying to stop using dual currencies. Just use the Iraqi dinar to help strengthen the dinar...I really strongly still feel that the rate will change before the end of the year...
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4-5-2021 Newshound Guru MilitiaMan Article: "The currency auction stops for a week as a result of banks’ fear of changing the dollar’s price" They have enough dollar reserves to get them through until a new exchange rate is applied, hence the fear of buying now. We have been told that this would happen in the past. They told us dollars will get scarce before the new dollar will be used again. So by staying out of the market reduces risk. With all the international contracts coming in, they’ll need an international exchange rate applied for to facilitate the foreign exchange with freedom of capital. They also note that the budget will be applied in a timely manner while dealing with the exchange rate. All within this week or so... [post 1 of 2....stay tuned]
4-5-2021 Newshound Guru Kaperoni ...There is no RV, it's not how monetary policy works. All you have to do is read the IMF Article IV Consultation with Iraq to know there is no RV or change in the exchange rate expected...I assure you they'll be no change in the exchange rate in April, for that matter the entire year...
4-5-2021 Newshound Guru Pimpy ...there is a lot of chitter chatter going on with these middle eastern countries...there's some concern about the current administration being in there...what they hope doesn't happen is the same thing that happened under the O---- administration...while the United States is having dialogue and meetings with Iraq at the same time they are also negotiating with Iran on their nuclear deal...I'm thinking that a lot of these countries over there...want some type of reassurance...
4-5-2021 Intel Guru MarkZ [via PDK] [Mark do you think Iraq will RV first or do you all countries will go together after this weekend.] I believe we all go together…iraq is positioned to go by itself if we do not get our heads out of the sand. On the RV front…over the weekend...some audio straight out of Iraq...They are taking about changing the value of the dinar and the reforms. What they have done and what are doing... This is real and this is coming…. On the RV front I did not expect any news until later on today or Tuesday because the World Banking is shut down over Easter.
4-5-2021 Newshound Guru Pimpy ...It seems like every single day the exchange rate is in the news for one reason or another...just be careful about how you're reading these things...all it is simplified is they're trying to stop using dual currencies. Just use the Iraqi dinar to help strengthen the dinar...I really strongly still feel that the rate will change before the end of the year...
4-4-2021 Newhound Guru Jeff Jeff Article "Parliament welcomes Al-Kazemi's tour to Saudi Arabia and the Emirates: Iraq will return to its leadership role" Kazemi is meeting with many different countries. They're working towards achieving their economic independence and economic stability. They're showing you right now they technically don't have economic independence or stability at this time because they're actually putting that together right now...drafting bilateral trade agreements...
4-4-2021 Intel Guru MarkZ [via PDK] A number of regional news outlets in Iraq are saying no revalue for 4 more years…this is similar to what we heard in Kuwait and China just before they revalued their currency. It’s similar to what they said with the Japanese yen and German Mark after world war 2.
4-4-2021 Newshound Guru Pimpy Question: [How long would it take for international banks to reinstate out of country?] What do you mean by 'out of country'? There is no 'out of country' or 'in of country'. When they redo the rate it's all at the same time...
4-4-2021 Intel Guru MarkZ [via PDK] A number of regional news outlets in Iraq are saying no revalue for 4 more years…this is similar to what we heard in Kuwait and China just before they revalued their currency. It’s similar to what they said with the Japanese yen and German Mark after world war 2.
4-4-2021 Newshound Guru Pimpy Question: [How long would it take for international banks to reinstate out of country?] What do you mean by 'out of country'? There is no 'out of country' or 'in of country'. When they redo the rate it's all at the same time...
4-3-2021 Newshound Guru Pimpy I know you guys were jumping up and down. You heard rumors that the dinar had been changing in Iraq 1 to 1 and I told you that wasn't true because if it was true then you would see people bringing their currency that are out of country taking to people in country and getting that 1 for 1 exchange - taking their newfound fortune...buying more dinar cheap then running it back into the country...so when people tell you oh, in country this and out county that, that's a lie. They go at the same time for that specific reason...use common sense...be careful about the information no matter where it comes from. Even me. Question it. There's nothing wrong with it - question it...
4-3-2021 Intel Guru BobTheTaxMan We are coming to a real possible window in April...obviously I'm not saying this is it, glory hallelujah you can count on $3.27 on Friday at 3 o'clock. No it's none of that nonsense. But there are some things that need to be looked at carefully just in case this does come to fruition in this particular time frame...things have got to be done prior to the RV in order to take advantage of the taxes that are going to be imposed on this particular transaction we're looking at... [Note: Consult your tax and financial experts at the appropriate time to set a strategy that's right your family's particular circumstances.]
4-3-2021 Intel Guru Mike Cottrell ...I do believe we are very, very close…whether it is this weekend, next weekend or next month…I have no idea. I know they are running out of time if they want to get their books straight. I was told they are trying day to day to get this done…
4-3-2021 Newshound Guru Adam Montana This anticipation is kind of getting to me. Article quote: "The House of Representatives voted today on the General Budget Law for 2021..." We are ridiculously close to seeing some HCL info...WTI is currently in the $61 range. The budget was formulated at much less than that. This is GOOD. HCL is on the way... GOOOO RRRRRRR-VVVVV!!!
4-3-2021 Newshound Guru Kaperoni Yesterday, direct from the Finance Minister when referring to the exchange rate stated this... "The current price of the Iraqi currency against the US dollar after its devaluation will continue for a long time, and a full float may occur in the future, but the...central bank will now work to maintain the current exchange rate level for as long as possible." I think that is pretty clear. And as I stated before, a float is how monetary policy works. Only with the success of Iraq's economy can the Iraqi dinar go up in value. With the recent passing of the 2021 budget, we have to hope this is the beginning of a prosperous Iraq.
4-3-2021 Newshound Guru Pimpy I do think it's [dinar] going to rebound. If they can keep stable with no issues and do away with as much corruption as possible like they've been doing and they start doing these private sector build ups, yeah you're going to see the currency rebound. I think it's going to happen quickly. Sure it might not happen overnight but IMO it's going to happen quickly enough...
4-3-2021 Intel Guru MarkZ [via PDK] Article: "The US dollars to the Iraqi dinar (IQD) exchange rates was up on the Kurdistan Region’s currency markets on Thursday (April 1)." Quote: "$100 was at 146,750 Iraqi dinars, 950 IQD higher than the previous day." We have seen a value change of the dinar which has been pegged for a very long time...it changed by 950 IQD…based on $100 US dollars…The article...shows the change and to me it means the IQD is unpegged from the US Dollar...IQD floating? [NOTE: You can always see the CBI official rate and market rate on the left side of this page.]
4-3-2021 Intel Guru BobTheTaxMan We are coming to a real possible window in April...obviously I'm not saying this is it, glory hallelujah you can count on $3.27 on Friday at 3 o'clock. No it's none of that nonsense. But there are some things that need to be looked at carefully just in case this does come to fruition in this particular time frame...things have got to be done prior to the RV in order to take advantage of the taxes that are going to be imposed on this particular transaction we're looking at... [Note: Consult your tax and financial experts at the appropriate time to set a strategy that's right your family's particular circumstances.]
4-3-2021 Intel Guru Mike Cottrell ...I do believe we are very, very close…whether it is this weekend, next weekend or next month…I have no idea. I know they are running out of time if they want to get their books straight. I was told they are trying day to day to get this done…
4-3-2021 Newshound Guru Adam Montana This anticipation is kind of getting to me. Article quote: "The House of Representatives voted today on the General Budget Law for 2021..." We are ridiculously close to seeing some HCL info...WTI is currently in the $61 range. The budget was formulated at much less than that. This is GOOD. HCL is on the way... GOOOO RRRRRRR-VVVVV!!!
4-3-2021 Newshound Guru Kaperoni Yesterday, direct from the Finance Minister when referring to the exchange rate stated this... "The current price of the Iraqi currency against the US dollar after its devaluation will continue for a long time, and a full float may occur in the future, but the...central bank will now work to maintain the current exchange rate level for as long as possible." I think that is pretty clear. And as I stated before, a float is how monetary policy works. Only with the success of Iraq's economy can the Iraqi dinar go up in value. With the recent passing of the 2021 budget, we have to hope this is the beginning of a prosperous Iraq.
4-3-2021 Newshound Guru Pimpy I do think it's [dinar] going to rebound. If they can keep stable with no issues and do away with as much corruption as possible like they've been doing and they start doing these private sector build ups, yeah you're going to see the currency rebound. I think it's going to happen quickly. Sure it might not happen overnight but IMO it's going to happen quickly enough...
4-3-2021 Intel Guru MarkZ [via PDK] Article: "The US dollars to the Iraqi dinar (IQD) exchange rates was up on the Kurdistan Region’s currency markets on Thursday (April 1)." Quote: "$100 was at 146,750 Iraqi dinars, 950 IQD higher than the previous day." We have seen a value change of the dinar which has been pegged for a very long time...it changed by 950 IQD…based on $100 US dollars…The article...shows the change and to me it means the IQD is unpegged from the US Dollar...IQD floating? [NOTE: You can always see the CBI official rate and market rate on the left side of this page.]
4-2-2021 Intel Guru Bruce [via WiserNow] So the decision was made...we can be ready to get notified with our emails and our 800 toll free numbers on Monday – which is a bank holiday - but guess what? The redemption centers are open – the staff will be there...Iraq did pass their budget – like it’s only been done forever – quote unquote – passed their 2021 budget yesterday - I’m not sure but believe it was put in the gazette yesterday... The top treasury source said – IF – If Iraq implements their budget on Saturday – which we fully hope and expect them to do – then – we in the internet group and tier 4A – will be notified Monday afternoon to set appointments for Tuesday which is the 6th of April...I am pretty excited about where this stands and where we’re going and the information is just lining up beautifully... [post 2 of 2]
4-2-2021 Intel Guru Bruce [via WiserNow] ...the World Court Lawsuit - the second one that was submitted – we knew some of the people that were involved in that...the decision of the World Court came down and it was favorable for us – to get this party started...we thought...why aren’t we there – why didn’t we get notified yesterday? I was really expecting it - What happened? Well we found out what happened – and it’s really for our betterment – and it’s this – President Trump worked directly with the World Court to modify this timeline but only slightly...they did not want to have us go for 2 days and all of a sudden stop Sunday and Monday which is a bank holiday – and have all the problems that would create by having stopped and then restart again – on Tuesday... [post 1 of 2....stay tuned]
4-2-2021 Newshound/Intel Guru Petra ...Remember, the WP's [White Papers ?] do NOT work at 1460 much less 1190 so the next move is on the CBI. Making the rate change is the door requiring unlocking for the Country of Iraq to welcome in the secondary markets and other International investors to walk on in. We know there are "Billions" on the sideline just waiting to enter when their investment dollars can be protected, monitored, and moved as necessary to impact any investment in a positive direction. With the dropping of the PR [Program Rate ?] to 1460 on 12/20 it fueled inflation as well as the 21+% increase in price/cost of goods to the citizens. Therefore, IMO, clearly, the excitement we saw yesterday was NOT as much the budget passed with the PR provided, but because the people know what is coming in the dropping of the 3 zero's positively impacting their imminent purchasing power and providing opportunity for all! Yup! Show time!!!
4-2-2021 Intel Guru MarkZ [via PDK] There is a tremendous amount of anticipation over the next 7-10 days. Many bond people/redemption folks are looking squarely at Tuesday...I have been told by 2 different redemption center contacts that they are on call this weekend... I was also told they are trying day to day and they will fight to get this done...they are running out of places to kick the can and the can has gotten to big. I personally think we are right on top of it. I think it could be days...
4-2-2021 Newshound Guru Pimpy Well they can't afford the other option - to say look this currency is no good. Discontinue it and print a new currency. Can't do that. It affects the public and they can't afford to do that. But if you're being told by your investigator 'Hey look...we know based on our investigation we can recoup maybe 94-96% of the money.' That's acceptable ...as much as they've recouped, I don't want to do dates...We'll see what happens...I don't think it's going to take as long as you people think, it really isn't... [post 2 of 2]
4-2-2021 Newshound Guru Pimpy If they know they printed out X amount of dinars but they can only account for a small amount of it you can't do a rate change. Let's say that 85% of all the outstanding dinar is exchanged at around the same time it would crash the economy. Let's say you can account for 94-96%...it's easy to reinstate the old rate because you know there's a small amount of dinar out there that you are going to have to account for as far as the rate change is concerned...we know that the money was missing. We know that Al-Kazemi was investigating that. That's all public knowledge. We also know that they're doing what they can right now to recover that money...What is the other option? [post 1 of 2...stay tuned]
4-2-2021 Intel Guru BobTheTaxMan Question: [I've been a Warka [Bank] account holder since 2010...there's been complete silence in respect to getting passwords reset. Do you have anything on that?]. I have a contact over there a Warka that we've been working with for well over a year who's the manager at one of the branches. He's actually a representative between Warka and the CBI. Originally they were supposed to be popping out the links and connections with their international clients after the first of the year but because of oil prices and covid and the mess that they've still been dealing with it got postponed...I heard from him just a couple of days ago. They're still waiting on the final word from the CBI that all the connections are ready to go. They didn't have an estimated time for it yet but I know it's on the plate coming up. I'm pretty sure this thing in April is going to open up a lot of space. We'll have a lot more clarity at that time.
4-2-2021 Newshound Guru Clare Article Quote: "Iraq is implementing its reform plans towards fiscal and monetary policy."!!! WOOHOOO!!! FRANK [Guru Frank26] TOLD US WHO WOULD BE SPEAKING NEXT!!...THE CBI...WE ARE SEEING EXACTLY WHAT [Gurus] WALKINGSTICK & FRANK TOLD US!! ...IMO. IT IS NOW...BE READY! Imo.
4-2-2021 Intel Guru Bruce [via WiserNow] ...the World Court Lawsuit - the second one that was submitted – we knew some of the people that were involved in that...the decision of the World Court came down and it was favorable for us – to get this party started...we thought...why aren’t we there – why didn’t we get notified yesterday? I was really expecting it - What happened? Well we found out what happened – and it’s really for our betterment – and it’s this – President Trump worked directly with the World Court to modify this timeline but only slightly...they did not want to have us go for 2 days and all of a sudden stop Sunday and Monday which is a bank holiday – and have all the problems that would create by having stopped and then restart again – on Tuesday... [post 1 of 2....stay tuned]
4-2-2021 Newshound/Intel Guru Petra ...Remember, the WP's [White Papers ?] do NOT work at 1460 much less 1190 so the next move is on the CBI. Making the rate change is the door requiring unlocking for the Country of Iraq to welcome in the secondary markets and other International investors to walk on in. We know there are "Billions" on the sideline just waiting to enter when their investment dollars can be protected, monitored, and moved as necessary to impact any investment in a positive direction. With the dropping of the PR [Program Rate ?] to 1460 on 12/20 it fueled inflation as well as the 21+% increase in price/cost of goods to the citizens. Therefore, IMO, clearly, the excitement we saw yesterday was NOT as much the budget passed with the PR provided, but because the people know what is coming in the dropping of the 3 zero's positively impacting their imminent purchasing power and providing opportunity for all! Yup! Show time!!!
4-2-2021 Intel Guru MarkZ [via PDK] There is a tremendous amount of anticipation over the next 7-10 days. Many bond people/redemption folks are looking squarely at Tuesday...I have been told by 2 different redemption center contacts that they are on call this weekend... I was also told they are trying day to day and they will fight to get this done...they are running out of places to kick the can and the can has gotten to big. I personally think we are right on top of it. I think it could be days...
4-2-2021 Newshound Guru Pimpy Well they can't afford the other option - to say look this currency is no good. Discontinue it and print a new currency. Can't do that. It affects the public and they can't afford to do that. But if you're being told by your investigator 'Hey look...we know based on our investigation we can recoup maybe 94-96% of the money.' That's acceptable ...as much as they've recouped, I don't want to do dates...We'll see what happens...I don't think it's going to take as long as you people think, it really isn't... [post 2 of 2]
4-2-2021 Newshound Guru Pimpy If they know they printed out X amount of dinars but they can only account for a small amount of it you can't do a rate change. Let's say that 85% of all the outstanding dinar is exchanged at around the same time it would crash the economy. Let's say you can account for 94-96%...it's easy to reinstate the old rate because you know there's a small amount of dinar out there that you are going to have to account for as far as the rate change is concerned...we know that the money was missing. We know that Al-Kazemi was investigating that. That's all public knowledge. We also know that they're doing what they can right now to recover that money...What is the other option? [post 1 of 2...stay tuned]
4-2-2021 Intel Guru BobTheTaxMan Question: [I've been a Warka [Bank] account holder since 2010...there's been complete silence in respect to getting passwords reset. Do you have anything on that?]. I have a contact over there a Warka that we've been working with for well over a year who's the manager at one of the branches. He's actually a representative between Warka and the CBI. Originally they were supposed to be popping out the links and connections with their international clients after the first of the year but because of oil prices and covid and the mess that they've still been dealing with it got postponed...I heard from him just a couple of days ago. They're still waiting on the final word from the CBI that all the connections are ready to go. They didn't have an estimated time for it yet but I know it's on the plate coming up. I'm pretty sure this thing in April is going to open up a lot of space. We'll have a lot more clarity at that time.
4-2-2021 Newshound Guru Clare Article Quote: "Iraq is implementing its reform plans towards fiscal and monetary policy."!!! WOOHOOO!!! FRANK [Guru Frank26] TOLD US WHO WOULD BE SPEAKING NEXT!!...THE CBI...WE ARE SEEING EXACTLY WHAT [Gurus] WALKINGSTICK & FRANK TOLD US!! ...IMO. IT IS NOW...BE READY! Imo.
4-1-2021 Intel Guru MarkZ [via PDK] The budget was passed …a specific new rate was not given but there are a lot of key contracts that require larger rates and they did peg their oil in the budget at $44. This appears to have been the final hurdle as we move forward to allow Iraq currency to float and change.
4-1-2021 Newshound Guru MilitiaMan Article Quotes: "Iraq is implementing its reform plans towards fiscal and monetary policy."; "his governor participated, as a representative of Iraq, in the spring meetings of the International Monetary Fund." Sounds good to me...But, we knew this already...They have been working to complete now for a long time and have finally got where we need to be...or where they are to be...Just like we have been told that they are having meetings and they are on going... Well now it is show time... imo...
4-1-2021 Newshound Guru Breitling You need to be prepared. Taxes are going to go up. They're about to skyrocket. It's everybody who has made $200,000 on up. Most of you are going to cover that when the dinar revalues. [Note: Taxes are important. Be sure to consult your tax professional at the appropriate time to build a tax strategy specific to your families unique circumstances.]
4-1-2021 Intel Guru MarkZ [via PDK] The budget did pass….it was not a cruel joke…what does that mean though? What I am hearing from Iraq is YES they are changing values in country…they will float….I am hearing it will be similar to Kuwait. I hear it will be somewhere in the next 2 - 10 days or so before we see the manifestation of it...This is not unusual. In Kuwait it took 10 days from this point for it to reach the people on the outside of the country…we need to stay calm as we get through this final short bit. Again once the process started in Kuwait it took them 10 days to release it to the world…I believe the process has started in Iraq. This is big news. There is nothing to worry about. Things are moving forward quickly. I believe the lynchpin has been pulled at this point. I am expecting a huge weekend right now.
4-1-2021 Newshound Guru Jeff Anyone who put their primary focus on the budget fell right into their trap and was played for a fool. Article: "Parliament votes on the 2021 budget bill in full" Remember I told you the rate wasn't going to change. It was going to stay exactly where it was at? Article: "parliament votes on the first article and fixing the dollar exchange rate"...they've adopted the exchange rate of 1450 per dollar...Article: "The House of Representatives decided in its meeting held today, Wednesday, to convert the federal budget for 2021 from the dollar to the Iraqi dinar" that's a stability step. That's good...but...they have no intentions of changing the rate anytime soon.
4-1-2021 Intel Guru Frank26 All I know is this blessing is coming. I have no doubt...none whatsoever...I fear when it becomes 1 to 1...when they reach that date...that I believe is solid. I don't know the date but when they reach that point of 1 to 1 in county and out of country I think that there'll still be people complaining (it's called less than 1%). They'll still be complaining. Not that they have 1 to 1 rate with the currency they invested in but they're now saying well how long is it going to take for the rate to grow internationally. Are you serious? You already got a 1 to 1 rate. 'Well I'd like a 2-1 a 3-1 a 4-1 rate.' You gluttony. That's not cool...
4-1-2021 Newshound Guru Pimpy As they start accounting for where the dinars are and they're doing that right now, you can understand the difference between trying to reinstate a rate where 85% of your currency might come back at you all at one time at a rate of $3 per dinar. That would kill an entire economy...If you remember the articles when Al-Kazemi was like 'where the hell is our dinar?' There was very little there in country...They started investigating further and they started taking this money back...I can tell you that a good portion of this money is being recovered but there's still a little too much out there for them to reinstate a rate...this is just speculation on my part based on the tidbits of information that we get when we speak to people who are currency movers... [post 2 of 2]
4-1-2021 Newshound Guru Pimpy We know that some countries are holding on to large amounts of IQD - That I can validate. I can tell you that's for reals...70%-72% of the money is accounted for and not sitting in the hands of speculators and not sitting in the hand of the corrupt people...people were like, 'if you go to reinstate they've printed way too much money. There's no way they can afford that.' Well you're assuming that all the money is in the hands of speculators out in public. I'm saying it's not. It's in the hands most of the banks... [post 1 of 2....stay tuned]
4-1-2021 Intel Guru MarkZ [via PDK] [anything new on the rate we will get for the dong?] I have been told that the street rate will be about .47 cents and be allowed to float up…while the contract rate we should get will be in the low $2.25 range or so.
4-1-2021 Newshound Guru Kaperoni The 2021 Iraqi budget was voted on and approved today. They have recessed to April 10th. The minister of finance stated today that the exchange rate of the Iraqi dinar will stay at 1460. And in the future, a full float is possible. Of course a float will eventually occur. That is how monetary policy really works. There is no random acts. As Iraq's economy grows and more and more investment comes into the country it'll create inflationary pressure. Flotation is the answer to counter that pressure.
4-1-2021 Newshound Guru MilitiaMan Article Quotes: "Iraq is implementing its reform plans towards fiscal and monetary policy."; "his governor participated, as a representative of Iraq, in the spring meetings of the International Monetary Fund." Sounds good to me...But, we knew this already...They have been working to complete now for a long time and have finally got where we need to be...or where they are to be...Just like we have been told that they are having meetings and they are on going... Well now it is show time... imo...
4-1-2021 Newshound Guru Breitling You need to be prepared. Taxes are going to go up. They're about to skyrocket. It's everybody who has made $200,000 on up. Most of you are going to cover that when the dinar revalues. [Note: Taxes are important. Be sure to consult your tax professional at the appropriate time to build a tax strategy specific to your families unique circumstances.]
4-1-2021 Intel Guru MarkZ [via PDK] The budget did pass….it was not a cruel joke…what does that mean though? What I am hearing from Iraq is YES they are changing values in country…they will float….I am hearing it will be similar to Kuwait. I hear it will be somewhere in the next 2 - 10 days or so before we see the manifestation of it...This is not unusual. In Kuwait it took 10 days from this point for it to reach the people on the outside of the country…we need to stay calm as we get through this final short bit. Again once the process started in Kuwait it took them 10 days to release it to the world…I believe the process has started in Iraq. This is big news. There is nothing to worry about. Things are moving forward quickly. I believe the lynchpin has been pulled at this point. I am expecting a huge weekend right now.
4-1-2021 Newshound Guru Jeff Anyone who put their primary focus on the budget fell right into their trap and was played for a fool. Article: "Parliament votes on the 2021 budget bill in full" Remember I told you the rate wasn't going to change. It was going to stay exactly where it was at? Article: "parliament votes on the first article and fixing the dollar exchange rate"...they've adopted the exchange rate of 1450 per dollar...Article: "The House of Representatives decided in its meeting held today, Wednesday, to convert the federal budget for 2021 from the dollar to the Iraqi dinar" that's a stability step. That's good...but...they have no intentions of changing the rate anytime soon.
4-1-2021 Intel Guru Frank26 All I know is this blessing is coming. I have no doubt...none whatsoever...I fear when it becomes 1 to 1...when they reach that date...that I believe is solid. I don't know the date but when they reach that point of 1 to 1 in county and out of country I think that there'll still be people complaining (it's called less than 1%). They'll still be complaining. Not that they have 1 to 1 rate with the currency they invested in but they're now saying well how long is it going to take for the rate to grow internationally. Are you serious? You already got a 1 to 1 rate. 'Well I'd like a 2-1 a 3-1 a 4-1 rate.' You gluttony. That's not cool...
4-1-2021 Newshound Guru Pimpy As they start accounting for where the dinars are and they're doing that right now, you can understand the difference between trying to reinstate a rate where 85% of your currency might come back at you all at one time at a rate of $3 per dinar. That would kill an entire economy...If you remember the articles when Al-Kazemi was like 'where the hell is our dinar?' There was very little there in country...They started investigating further and they started taking this money back...I can tell you that a good portion of this money is being recovered but there's still a little too much out there for them to reinstate a rate...this is just speculation on my part based on the tidbits of information that we get when we speak to people who are currency movers... [post 2 of 2]
4-1-2021 Newshound Guru Pimpy We know that some countries are holding on to large amounts of IQD - That I can validate. I can tell you that's for reals...70%-72% of the money is accounted for and not sitting in the hands of speculators and not sitting in the hand of the corrupt people...people were like, 'if you go to reinstate they've printed way too much money. There's no way they can afford that.' Well you're assuming that all the money is in the hands of speculators out in public. I'm saying it's not. It's in the hands most of the banks... [post 1 of 2....stay tuned]
4-1-2021 Intel Guru MarkZ [via PDK] [anything new on the rate we will get for the dong?] I have been told that the street rate will be about .47 cents and be allowed to float up…while the contract rate we should get will be in the low $2.25 range or so.
4-1-2021 Newshound Guru Kaperoni The 2021 Iraqi budget was voted on and approved today. They have recessed to April 10th. The minister of finance stated today that the exchange rate of the Iraqi dinar will stay at 1460. And in the future, a full float is possible. Of course a float will eventually occur. That is how monetary policy really works. There is no random acts. As Iraq's economy grows and more and more investment comes into the country it'll create inflationary pressure. Flotation is the answer to counter that pressure.
3-31-2021 Newshound Guru MilitiaMan Article: "Zain Cash launches a service to invite friends to register the permanent wallet" Quote: "One of its main services is the World Card MasterCard which operates in two currencies, a dinar and a dollar," This looks to be more out that supports they are going international. Operating in two currencies is an indicator of just that. Pairing with the dollar is an international action. imo...Get ready, they are getting ready too... imo.
3-31-2021 Intel Guru Footforward ...The rate has to be above $3.50 in my opinion and they won't out it out publicly into a budget unless the RV has actually already happened. That is not financial or investment advice. But I've been very consistent on the rate of the dinar for over 4 years now...There must be a really good reason beyond any stubbornness anyone could say I have.
3-31-2021 Intel Guru Bruce [via WiserNow] We’re in a very good place I believe...everything is syncing up – S Y N C ING up so that we can all go together as the shot gun start for us...Remember the lawsuit that...second lawsuit that was filed – in the world court and received a decision back on the 19th...of March - and the decision was - to have tier 4B...they/we the internet group...the decision called for notifications to go out no later than the 31st of March... even though this is going down to the wire... if everything is still on track - we are all good - it’s all good... I think we’re in a really good place right now...hopefully there are no more delays...
3-31-2021 Newshound Guru Pimpy People keep asking me what my opinion is on the whole dinar thing - will they take 4 years? No. I don't think so. That's just my opinion though. I think there's plenty of reasons to watch the currency go up in value...Now there is another thing going on all together. I'm trying to get permission to talk about this. We think we know what the true reason is why it has not changed yet. We're just trying to get confirmation and permission to talk about it...
3-31-2021 Newshound Guru Brietling Question: [The issue of the HCL or the Oil and Gas Law...Do you see this issue needing to be resolved before the value of the dinar increases?] Nope. They don't need it. Period end of story. How does that effect the rate of the dinar one way or the other?...The hydro Carbon law is they're talking about where the money is going that is brought in from selling energy. Specifically US dollars. It has nothing to do with the dinar at all.
3-31-2021 Intel Guru MarkZ [via PDK] A quorum was met about an hour and a half ago…they do expect to vote today on the budget. It does appear that it will pass…so all eyes are on Iraq… If we hear good news I will come back... I have heard rumors they may try to do a “blackout” if the vote went well. And then try to release it over the Easter weekend. Similar to what they did in Kuwait. When Kuwait passed it- they blacked it out for 10 days…of course that was before the widespread proliferation of internet, cell phones etc…. I don’t think they will be able to keep this under wraps as long as they did in Kuwait. But I am told they are going to try. We don’t know exactly how it is going to work…all we can do is watch. I hope we know at least that they have crossed the finish line…would bring peace of mind. Feels like we have been here before but I don’t think we have ever been this close.
3-31-2021 Intel Guru Frank26 Question: [I understand there is only so much you can share regarding taxes, my question is...] ...I stop. I'm not a wealth manager/advisor...but I can tell you this. B is going to destroy you. He's already stabbed you in the back by reneging on many things that he's told you. He said they wouldn't mess with the capital gains. Look what he's doing. He's going to do it at the end of the year. He's going to wait to the last second to show you how he's going to destroy you. [NOTE: Consult your tax and financial advisors at the appropriate time for your family's unique circumstances]
3-31-2021 Guest Guru sheila [IF it was going to happen or it has happened...IT WILL BE INTERNATIONAL NEWS. PERIOD.] Yes, there is no such thing as an In Country Revalue. When this activates, it's in a flash - FOREX.
3-31-2021 Newshound Guru Pimpy This whole arena, everything is speculation...Just because I don't always agree with the other youtubers that doesn't mean I'm after them. I just don't agree. We won't always agree on stuff. Some of you guys believe them too too much if you ask me because you guys lose your mind...stay grounded...you should want somebody to tell it to you straight whether it's good or bad. That's what I would hope...
3-31-2021 Intel Guru MarkZ We hope the date for exchanging...is April 1st…this is not written in stone. This is the start of much of the world’s fiscal year…Its the start of Iraq’s fiscal year. They are pushing hard to have it done by then.
3-31-2021 Intel Guru Footforward ...The rate has to be above $3.50 in my opinion and they won't out it out publicly into a budget unless the RV has actually already happened. That is not financial or investment advice. But I've been very consistent on the rate of the dinar for over 4 years now...There must be a really good reason beyond any stubbornness anyone could say I have.
3-31-2021 Intel Guru Bruce [via WiserNow] We’re in a very good place I believe...everything is syncing up – S Y N C ING up so that we can all go together as the shot gun start for us...Remember the lawsuit that...second lawsuit that was filed – in the world court and received a decision back on the 19th...of March - and the decision was - to have tier 4B...they/we the internet group...the decision called for notifications to go out no later than the 31st of March... even though this is going down to the wire... if everything is still on track - we are all good - it’s all good... I think we’re in a really good place right now...hopefully there are no more delays...
3-31-2021 Newshound Guru Pimpy People keep asking me what my opinion is on the whole dinar thing - will they take 4 years? No. I don't think so. That's just my opinion though. I think there's plenty of reasons to watch the currency go up in value...Now there is another thing going on all together. I'm trying to get permission to talk about this. We think we know what the true reason is why it has not changed yet. We're just trying to get confirmation and permission to talk about it...
3-31-2021 Newshound Guru Brietling Question: [The issue of the HCL or the Oil and Gas Law...Do you see this issue needing to be resolved before the value of the dinar increases?] Nope. They don't need it. Period end of story. How does that effect the rate of the dinar one way or the other?...The hydro Carbon law is they're talking about where the money is going that is brought in from selling energy. Specifically US dollars. It has nothing to do with the dinar at all.
3-31-2021 Intel Guru MarkZ [via PDK] A quorum was met about an hour and a half ago…they do expect to vote today on the budget. It does appear that it will pass…so all eyes are on Iraq… If we hear good news I will come back... I have heard rumors they may try to do a “blackout” if the vote went well. And then try to release it over the Easter weekend. Similar to what they did in Kuwait. When Kuwait passed it- they blacked it out for 10 days…of course that was before the widespread proliferation of internet, cell phones etc…. I don’t think they will be able to keep this under wraps as long as they did in Kuwait. But I am told they are going to try. We don’t know exactly how it is going to work…all we can do is watch. I hope we know at least that they have crossed the finish line…would bring peace of mind. Feels like we have been here before but I don’t think we have ever been this close.
3-31-2021 Intel Guru Frank26 Question: [I understand there is only so much you can share regarding taxes, my question is...] ...I stop. I'm not a wealth manager/advisor...but I can tell you this. B is going to destroy you. He's already stabbed you in the back by reneging on many things that he's told you. He said they wouldn't mess with the capital gains. Look what he's doing. He's going to do it at the end of the year. He's going to wait to the last second to show you how he's going to destroy you. [NOTE: Consult your tax and financial advisors at the appropriate time for your family's unique circumstances]
3-31-2021 Guest Guru sheila [IF it was going to happen or it has happened...IT WILL BE INTERNATIONAL NEWS. PERIOD.] Yes, there is no such thing as an In Country Revalue. When this activates, it's in a flash - FOREX.
3-31-2021 Newshound Guru Pimpy This whole arena, everything is speculation...Just because I don't always agree with the other youtubers that doesn't mean I'm after them. I just don't agree. We won't always agree on stuff. Some of you guys believe them too too much if you ask me because you guys lose your mind...stay grounded...you should want somebody to tell it to you straight whether it's good or bad. That's what I would hope...
3-31-2021 Intel Guru MarkZ We hope the date for exchanging...is April 1st…this is not written in stone. This is the start of much of the world’s fiscal year…Its the start of Iraq’s fiscal year. They are pushing hard to have it done by then.
3-30-2021 Newshound Guru Breitling You're gonna be taxed. You're gonna get your asses kicked in taxes. If you're not in a tax shelter with your currency you're definitely gonna get your asses kicked. So you've been warned. I'm telling you right now it's built into it... [NOTE: Consult with your tax expert and advisors at the appropriate time so you make the right decisions for your particular circumstances.]
3-30-2021 Intel Guru Frank26 Question: [What happens if in 4 to 6 months Iraq calls in all 3-zero notes, will we be forced to dump them in an exchange...?] Yes. When you bought your Iraqi dinars did you get the piece of paper that said that they were going to guarantee things for you? No. That's why it's a speculative investment. You're under the program of the monetary reform of the CBI...all time frames will be given by the CBI to the citizens and they will be given to the rest of the world as well...
3-30-2021 Intel Guru MarkZ [via PDK] I have seen no bad news… [Did Iraq pass their budget?] I spoke with contacts on the ground in Iraq…. A minister said they are now “moment to moment” as they iron out the final details. They have agreed to the overall framework and it should be within days… Could be today…could be tomorrow…we are at the precipice... People are still in place for exchanges… [Are people still working at redemption centers?] Yes…they are in place with a skeleton crew…Keep in mind there is a tremendous amount of smoke and misinformation thrown at you...don’t be Chicken Little…stay calm.
3-30-2021 Newshound Guru Pimpy It's better to watch what they do. We already know that parliament is raising holy bajibas about the exchange rate. We know there's huge demands in the political blocks. Do they have the power to get the exchange rate changed? It's possible. So we're keeping an eye on that...
3-30-2021 Newshound/Intel Guru Petra ...Are we excited on where we are at??? ABSOLUTELY!!! We do mine the articles for validation of accuracy and continued process towards the RI and there have been many for sure. The key for everybody to understand is the need for DISCERNMENT as to what is real...and...the Dog and Pony show. So accurate a metaphor for where we are right now as we await the CBI to make the change. ...question: How many contrary articles have you seen in the last 7-10 days. I would say..a lot!! ...we are most excited but...what the media is doing in Iraq because...just tells us they are looking for headlines while the real "minds and hearts" of Iraq are focused on getting to the end game of the RI for...Iraq. So, chin up...the game is definitely afoot and I am excited to see what the "near proximal" future has to show us as we await the CBI, AND ONLY, the CBI to make their move...
3-30-2021 Newshound Guru Breitling Question: [An old friend reached out to me today and said he has learned that the dinar is 1 U.S dollar in country...are you aware of any such exchange?] NO. And there never ever is going to be an in country revaluation. It's never happened in the history of mankind. How is that going to work? ...it's ridiculous. It's the dumbest things I've ever heard...
3-30-2021 Intel Guru MarkZ [... I spoke with 2 bank managers at 2 major banks and both claimed they had no idea of ANY changes - QFS, New Currencies, Fed changes, RV, nothing.] That is the official line from lower levels at banks…. I have talked to many people at big banks…some know this is happening…some do not. Think about this…if you worked at a bank and knew this was happening…would you have your own currency? Banks would not have an employee left if it were common knowledge with the lower level employees. The elites never wanted the masses to know about this…the wealthy do not want to share first class air seats, expensive cars or exclusive restaurants with us…they do not want us to be wealthy also. The folks I know that are trained for redemption centers all have their own currency. They had to sign an agreement. They cannot exchange or get access to their funds until after the exchange process is complete.
3-30-2021 Newshound Guru MilitiaMan ...The facts and information that is outside the hype does point conclusively to the reforms are coming to a head with an exchange rate change on the top of the list. The clarity that is out there in respect to the 2021 budget has been a dog a pony show be sure. They have to have the rate change ioo first...And no, they will not get into the private sector ioo with a program rate. ...I like where we are and we may see even more good news in the very short term. The first quarter is coming to a close in a couple of days...
3-30-2021 Intel Guru Frank26 Question: [What happens if in 4 to 6 months Iraq calls in all 3-zero notes, will we be forced to dump them in an exchange...?] Yes. When you bought your Iraqi dinars did you get the piece of paper that said that they were going to guarantee things for you? No. That's why it's a speculative investment. You're under the program of the monetary reform of the CBI...all time frames will be given by the CBI to the citizens and they will be given to the rest of the world as well...
3-30-2021 Intel Guru MarkZ [via PDK] I have seen no bad news… [Did Iraq pass their budget?] I spoke with contacts on the ground in Iraq…. A minister said they are now “moment to moment” as they iron out the final details. They have agreed to the overall framework and it should be within days… Could be today…could be tomorrow…we are at the precipice... People are still in place for exchanges… [Are people still working at redemption centers?] Yes…they are in place with a skeleton crew…Keep in mind there is a tremendous amount of smoke and misinformation thrown at you...don’t be Chicken Little…stay calm.
3-30-2021 Newshound Guru Pimpy It's better to watch what they do. We already know that parliament is raising holy bajibas about the exchange rate. We know there's huge demands in the political blocks. Do they have the power to get the exchange rate changed? It's possible. So we're keeping an eye on that...
3-30-2021 Newshound/Intel Guru Petra ...Are we excited on where we are at??? ABSOLUTELY!!! We do mine the articles for validation of accuracy and continued process towards the RI and there have been many for sure. The key for everybody to understand is the need for DISCERNMENT as to what is real...and...the Dog and Pony show. So accurate a metaphor for where we are right now as we await the CBI to make the change. ...question: How many contrary articles have you seen in the last 7-10 days. I would say..a lot!! ...we are most excited but...what the media is doing in Iraq because...just tells us they are looking for headlines while the real "minds and hearts" of Iraq are focused on getting to the end game of the RI for...Iraq. So, chin up...the game is definitely afoot and I am excited to see what the "near proximal" future has to show us as we await the CBI, AND ONLY, the CBI to make their move...
3-30-2021 Newshound Guru Breitling Question: [An old friend reached out to me today and said he has learned that the dinar is 1 U.S dollar in country...are you aware of any such exchange?] NO. And there never ever is going to be an in country revaluation. It's never happened in the history of mankind. How is that going to work? ...it's ridiculous. It's the dumbest things I've ever heard...
3-30-2021 Intel Guru MarkZ [... I spoke with 2 bank managers at 2 major banks and both claimed they had no idea of ANY changes - QFS, New Currencies, Fed changes, RV, nothing.] That is the official line from lower levels at banks…. I have talked to many people at big banks…some know this is happening…some do not. Think about this…if you worked at a bank and knew this was happening…would you have your own currency? Banks would not have an employee left if it were common knowledge with the lower level employees. The elites never wanted the masses to know about this…the wealthy do not want to share first class air seats, expensive cars or exclusive restaurants with us…they do not want us to be wealthy also. The folks I know that are trained for redemption centers all have their own currency. They had to sign an agreement. They cannot exchange or get access to their funds until after the exchange process is complete.
3-30-2021 Newshound Guru MilitiaMan ...The facts and information that is outside the hype does point conclusively to the reforms are coming to a head with an exchange rate change on the top of the list. The clarity that is out there in respect to the 2021 budget has been a dog a pony show be sure. They have to have the rate change ioo first...And no, they will not get into the private sector ioo with a program rate. ...I like where we are and we may see even more good news in the very short term. The first quarter is coming to a close in a couple of days...
3-29-2021 Intel Guru MarkZ [Any news on rates?] We have talked about this many times…what I am hearing is on the dinar a street rate between $3.70 to $3.90 and a contract rate of around $8. This is the prevalent rumors around the banking contacts. On the dong I hear the street rate is around .47 cents with a contract rate of a little over $2.
3-29-2021 Intel Guru Frank26 Question: [If we go into April with no RI would they be able to retro the rate back to January 1st?] Yes...they can retroactive any time during the fiscal year...
3-29-2021 Intel Guru Footforward The IRS has not made a ruling yet on dinar or how it will be taxed... [NOTE: Always consult your tax professionals at the appropriate time]
3-29-2021 Intel Guru MarkZ Iraq attempted over the weekend to get the budget vote done…they stayed until 10:00 or 11:00 their time last night in parliament …they are meeting again today in an attempt to get the budget out the door. Iraq has been on the precipice of passing the budget all weekend. I think they are stringing them along until the US is ready…and I hear we are ready at any minute…hearing fantastic things…we still see everybody at the edge of their seat waiting. There was no bad news this weekend…just not hearing the thing we all want yet. All eyes were on Iraq for the budget signing to show whether it was finished or not.
3-29-2021 Intel Guru Frank26 Question: [Do you think you will have to sign a Nondisclosure of any form when we exchange with our banks?] No! What is the bank going to tell you, 'Don't tell no body that we just made a lot of money exchanging the Iraqi dinar for you with our spread. We don't want that business anymore. Shhhh.' See how dumb that is?
3-29-2021 Newshound Guru Breitling I think it was at 1 or 2 percent charge or whatever it was...don't worry about it. Once there's value added to it and people start to exchange and they [banks] see they will be able to make money off of the exchange...they are going to fight for your currency. Not only that but the traders that are out there where a lot of people bought their currency are going to be fighting for the currency. Period end of story. It's going to be a competition and you're going to be sitting in the driver's seat. That's not going to be a problem. [post 2 of 2]
3-29-2021 Newshound Guru Breitling Question: [My big worry when the time comes to cash out is that the currency traders are the only avenue for exchanging the dinar. Currently they are getting around 20% of that. Is that a fact?] Yes it is. Every business model there is you charge 20%...you get a 20% return at a minimum. They're not doing anything out of what everybody else is doing. [If that is so, who can we trust?]. Banks. Banks will be competing for the U.S. dollar...I bought all of my currency from a bank. I didn't buy it from a currency trader. [post 1 of 2....stay tuned]
3-29-2021 Intel Guru Footforward [...do you mind sharing again what rate range you’d expect dong to revalue at, in your opinion?...] 15 cents I think is very reasonable. In my opinion. 25 cents would be on the high end in my opinion.
3-29-2021 Intel Guru Frank26 Question: [If we go into April with no RI would they be able to retro the rate back to January 1st?] Yes...they can retroactive any time during the fiscal year...
3-29-2021 Intel Guru Footforward The IRS has not made a ruling yet on dinar or how it will be taxed... [NOTE: Always consult your tax professionals at the appropriate time]
3-29-2021 Intel Guru MarkZ Iraq attempted over the weekend to get the budget vote done…they stayed until 10:00 or 11:00 their time last night in parliament …they are meeting again today in an attempt to get the budget out the door. Iraq has been on the precipice of passing the budget all weekend. I think they are stringing them along until the US is ready…and I hear we are ready at any minute…hearing fantastic things…we still see everybody at the edge of their seat waiting. There was no bad news this weekend…just not hearing the thing we all want yet. All eyes were on Iraq for the budget signing to show whether it was finished or not.
3-29-2021 Intel Guru Frank26 Question: [Do you think you will have to sign a Nondisclosure of any form when we exchange with our banks?] No! What is the bank going to tell you, 'Don't tell no body that we just made a lot of money exchanging the Iraqi dinar for you with our spread. We don't want that business anymore. Shhhh.' See how dumb that is?
3-29-2021 Newshound Guru Breitling I think it was at 1 or 2 percent charge or whatever it was...don't worry about it. Once there's value added to it and people start to exchange and they [banks] see they will be able to make money off of the exchange...they are going to fight for your currency. Not only that but the traders that are out there where a lot of people bought their currency are going to be fighting for the currency. Period end of story. It's going to be a competition and you're going to be sitting in the driver's seat. That's not going to be a problem. [post 2 of 2]
3-29-2021 Newshound Guru Breitling Question: [My big worry when the time comes to cash out is that the currency traders are the only avenue for exchanging the dinar. Currently they are getting around 20% of that. Is that a fact?] Yes it is. Every business model there is you charge 20%...you get a 20% return at a minimum. They're not doing anything out of what everybody else is doing. [If that is so, who can we trust?]. Banks. Banks will be competing for the U.S. dollar...I bought all of my currency from a bank. I didn't buy it from a currency trader. [post 1 of 2....stay tuned]
3-29-2021 Intel Guru Footforward [...do you mind sharing again what rate range you’d expect dong to revalue at, in your opinion?...] 15 cents I think is very reasonable. In my opinion. 25 cents would be on the high end in my opinion.
3-28-2021 Intel Guru Frank26 I'm sorry that I told you that there would be CBI satellite banks where you can take your dinars and deposit them and leave them as dinars. That is not true...there will be many American banks where you can go in to their foreign currency department and deal with the CBI. Banks in the United States of America now have a symbiotic relationship with banks in Iraq...because of the laws of the United States banks and the Untied States Treasury...you can not deposit foreign currency into an American bank account and leave it that way. It has to be changed into an American dollar...
3-28-2021 Intel Guru RayRen98 Saturday- The Kurdish delegation will arrive this evening in Baghdad , and tomorrow it will hold a meeting with the Presidency of Parliament and heads of political blocs to resolve the points of contention and reach a final agreement to vote on the budget law. The deputy from the Kurdistan Democratic Bloc, Sherwan Al-Dubaradani, stated that the atmosphere is currently positive, especially after the meeting of the Finance Committee and its hosting of the ministers, and that Sunday will be a crucial day for voting on the budget law. Committee member Naji Al-Saeedi said in a televised interview: “There is agreement to pass the budget in the Sunday session, and the Finance Committee continues to work to approve the budget,”
3-28-2021 Intel Guru Footforward [...does anyone know if they passed the budget?] So the rate isn't in the budget. Most of you are aware that I've been saying that for weeks now that it wouldn't be in the budget. Do not be discouraged and do not look to iraq! At all! They do not hold the keys to the timeline. I had stress this very specifically. I said they will not put the rate in the budget because they're not going to make it that obvious and a lot of people are going to be frustrated and are going to sell their dinar.
3-28-2021 Newshound Guru Pimpy Somebody said they're already exchanging in country 1 to 1. You believe that they're exchanging 1 to 1 in county? ...what do you suppose would happen? ...there would be black market stuff galore...people could get rich off of that real quick. Basically what you would do is if you're in country you send a bunch of money, US dollars, over to somebody out of country. Have them buy the dinars out of country - millions of them - sneak it across the border then go exchange it. Does that make sense? Do you think that's what's really going on? ...I told you whenever they make the change it's gonna change for everybody...so no, in country does not have a rate 1 to 1...
3-28-2021 Intel Guru Frank26 ...[Guru] WALKINGSTICK AND I GAVE YOU OUR OPINION TWO WEEKS AGO AND WE CALLED IT PHASE 1, 2 AND 3...CHINA....KUWAIT....AND CERTAINLY COUNTRIES LIKE IRAQ THAT ARE GOING THROUGH A MONETARY REFORM ARE GOING TO PUT OUT MISLEADING INFORMATION. ONLY THE WEAK WOULD FEED OFF OF THIS AND GET SICK...WHAT WE HAVE SHARED WILL COME ABOUT. REGARDLESS IF IT'S PRESENTED IN OUR OPINION ...BE AWARE OF LIES AND RUMORS CONCERNING IRAQ...
3-28-2021 Newshound Guru Breitling Question: [Since Iraq has devalued the dinar why would they turn around and add value to the dinar so quickly or is the process to add value still a long way off?] Nope, they can do it overnight. Once they start adding value how quickly can they get up to a buck? I don't know that process. They haven't really talked too much about it or exactly what's going to happen. They've always said they want to get to $1.17. Period. End of story.
3-28-2021 Intel Guru RayRen98 Saturday- The Kurdish delegation will arrive this evening in Baghdad , and tomorrow it will hold a meeting with the Presidency of Parliament and heads of political blocs to resolve the points of contention and reach a final agreement to vote on the budget law. The deputy from the Kurdistan Democratic Bloc, Sherwan Al-Dubaradani, stated that the atmosphere is currently positive, especially after the meeting of the Finance Committee and its hosting of the ministers, and that Sunday will be a crucial day for voting on the budget law. Committee member Naji Al-Saeedi said in a televised interview: “There is agreement to pass the budget in the Sunday session, and the Finance Committee continues to work to approve the budget,”
3-28-2021 Intel Guru Footforward [...does anyone know if they passed the budget?] So the rate isn't in the budget. Most of you are aware that I've been saying that for weeks now that it wouldn't be in the budget. Do not be discouraged and do not look to iraq! At all! They do not hold the keys to the timeline. I had stress this very specifically. I said they will not put the rate in the budget because they're not going to make it that obvious and a lot of people are going to be frustrated and are going to sell their dinar.
3-28-2021 Newshound Guru Pimpy Somebody said they're already exchanging in country 1 to 1. You believe that they're exchanging 1 to 1 in county? ...what do you suppose would happen? ...there would be black market stuff galore...people could get rich off of that real quick. Basically what you would do is if you're in country you send a bunch of money, US dollars, over to somebody out of country. Have them buy the dinars out of country - millions of them - sneak it across the border then go exchange it. Does that make sense? Do you think that's what's really going on? ...I told you whenever they make the change it's gonna change for everybody...so no, in country does not have a rate 1 to 1...
3-28-2021 Intel Guru Frank26 ...[Guru] WALKINGSTICK AND I GAVE YOU OUR OPINION TWO WEEKS AGO AND WE CALLED IT PHASE 1, 2 AND 3...CHINA....KUWAIT....AND CERTAINLY COUNTRIES LIKE IRAQ THAT ARE GOING THROUGH A MONETARY REFORM ARE GOING TO PUT OUT MISLEADING INFORMATION. ONLY THE WEAK WOULD FEED OFF OF THIS AND GET SICK...WHAT WE HAVE SHARED WILL COME ABOUT. REGARDLESS IF IT'S PRESENTED IN OUR OPINION ...BE AWARE OF LIES AND RUMORS CONCERNING IRAQ...
3-28-2021 Newshound Guru Breitling Question: [Since Iraq has devalued the dinar why would they turn around and add value to the dinar so quickly or is the process to add value still a long way off?] Nope, they can do it overnight. Once they start adding value how quickly can they get up to a buck? I don't know that process. They haven't really talked too much about it or exactly what's going to happen. They've always said they want to get to $1.17. Period. End of story.
3-27-2021 Intel Guru Frank26 Question [Will the 5 strongest US banks have the system set up to exchange our dinars?] Yes!
3-27-2021 Newshound Guru Jeff Article: "Current Iraqi Dinar Peg Will Continue For Next Four Years" This article is very negative for us because this gentleman works from within Iraq Central Bank and he's saying that the Iraqi dinar value (the peg) will continue and stay in place for the next four years...basically saying the rate's not going to change for the next 4 years...this article IMO was all BS...once we get past April 1st you're going to start seeing a shifting in the news. They're going to phase out and stop talking about the budget and start talking about different subjects. That's a pattern you're going to want to look for...
3-27-2021 Intel Guru Footforward I think some sort of crisis is coming revolving around oil in the middle East and hence that leads to a financial crisis in the middle East which leads to a break in the financial system in the middle East and creates a need to revalue the dinar.
3-27-2021 Newshound Guru Pimpy Is this set in stone? No. Is it possible instead of waiting 4 years they might change the exchange rate before then? Yes. There are other factors out there that can cause them to change it ahead of time...they might be trying to get more people to turn in their dinar because they just give up...I will say this. Before the Kuwait dinar revalued they came out on the news and told people that the rate change wasn't going to happen for a long time. Having said that I don't want you to get your hopes up too high thinking that this was going to happen...don't get overly excited about good news. Don't get overly down about bad news...we just pay attention to what they're doing. [Post 2 of 2]
3-27-2021 Newshound Guru Pimpy Obviously there is some news out there that people are concerned about and losing their mind over... Article: "Current Iraqi dinar peg will continue for next four years" Let me tell you one thing. The last time they said this was in 2014 that they weren't gonna do any rate change for the next five years, guess what? They didn't do a rate change for the next 5 years...Is it possible that they'll actually wait four years? Yeah. Of course it's possible. Seriously, that country is starting over from scratch... [Post 1 of 2....stay tuned]
3-27-2021 Newshound Guru Breitling Question [I heard Iraqi dinar are being exchanged for U.S. notes. Please explain the difference between U.S. notes and U.S. dollars.] There is none. It's just preference on what people call the U.S. dollar. A U.S. note is a U.S. dollar. It's the same thing...Here's the thing - What do you mean by "I heard Iraq dinars are being exchanged for U.S. notes." ...How did you get the dinar you have? What did you use to get it? You used the U.S. dollar. You've always been able to exchange... You used the U.S. dollar to get into the dinar...let me repeat this one more time...You bought your dinars with U.S. dollars so you can already exchange it for dinar. That's it. Very simple.
3-27-2021 Intel Guru Frank26 Bank Story Interview - Dragon Slayer. "I do online banking with Wells Fargo in Lebanon Pennsylvania." What adventures did you have with them today? "I was excited about it, I tell you that. She asked me about what currencies I had because we were talking about the currencies and I told her...she said oh, yes we will exchange those. I said, so you know what I'm talking about? And she goes, yes we know what you're talking about and it's coming..." You were talking about foreign currency, if they exchanged and you mentioned the Iraqi Dinar as one of the currencies you wanted to exchange and they said to you, 'oh, yes. We know it's coming.' "Yep." ...thank you for your desire to share this and I'm also going to tell you you're one of many stories that we're hearing in the last 40 to 72 hours. There have been so many people that have called and told me that Franks banks know and then they tell me the story and that's why I started making recordings...Nobody knows when it's going to happen but what we do know is that it is happening...
3-27-2021 Newshound Guru Pimpy Parliament...they want this rate change restored and they're willing to make life hell for getting the budget passed. Here's what happens - the parliament can't control the rate change. That's the CBI. What parliament could do is refuse to pass the budget unless the rate change is in there. That is possible. Will they get what they want? We're going to see. We got to pay attention. Let's see how influential they are...looks like there's going to be some issues between the government and the CBI versus parliament...we've got a standoff...
3-27-2021 Intel Guru MarkZ [via PDK] [...the government said they are not going to change the rate for at least four years what do you think about that?] I’m not worried…they lowered salaries in Iraq…something is happening…and keep in mind that when China revalued the yuan…3 days before…they came out with a big ad saying it was going to be years before they revalued…same when Kuwait revalued…..don’t let it shake you. They do not want us to know the exact timing…could it still be Saturday? Absolutely!! Could it be right now? Any moment could be the “go” . They have cried “wolf” so many times…everything is fair game in my opinion.
3-27-2021 Guest Intel Guru Coyote [Response to Guru Petra 3-23-2021] Iraq doesn’t follow GAAP...They follow IFRS....GAAP is General Accepted Accounting Standards. It is not a report but volumes of standards and regulations that Is only used in the US. There are over 100 other countries, Iraq being one of those countries that use IFRS which stands for International Financial Reporting Standards. In Iraq, banks cannot use both...Banks must use IFRS as mandated by the CBI...I used to be a financial auditor for the #1 construction company in the world based on ENR who operates both domestically and international. I am now retired...Are IFRS Standards incorporated into law...? Yes for banks Under the Iraq Banking Law (2004)... No for other companies.
3-27-2021 Newshound Guru Jeff Article: "Current Iraqi Dinar Peg Will Continue For Next Four Years" This article is very negative for us because this gentleman works from within Iraq Central Bank and he's saying that the Iraqi dinar value (the peg) will continue and stay in place for the next four years...basically saying the rate's not going to change for the next 4 years...this article IMO was all BS...once we get past April 1st you're going to start seeing a shifting in the news. They're going to phase out and stop talking about the budget and start talking about different subjects. That's a pattern you're going to want to look for...
3-27-2021 Intel Guru Footforward I think some sort of crisis is coming revolving around oil in the middle East and hence that leads to a financial crisis in the middle East which leads to a break in the financial system in the middle East and creates a need to revalue the dinar.
3-27-2021 Newshound Guru Pimpy Is this set in stone? No. Is it possible instead of waiting 4 years they might change the exchange rate before then? Yes. There are other factors out there that can cause them to change it ahead of time...they might be trying to get more people to turn in their dinar because they just give up...I will say this. Before the Kuwait dinar revalued they came out on the news and told people that the rate change wasn't going to happen for a long time. Having said that I don't want you to get your hopes up too high thinking that this was going to happen...don't get overly excited about good news. Don't get overly down about bad news...we just pay attention to what they're doing. [Post 2 of 2]
3-27-2021 Newshound Guru Pimpy Obviously there is some news out there that people are concerned about and losing their mind over... Article: "Current Iraqi dinar peg will continue for next four years" Let me tell you one thing. The last time they said this was in 2014 that they weren't gonna do any rate change for the next five years, guess what? They didn't do a rate change for the next 5 years...Is it possible that they'll actually wait four years? Yeah. Of course it's possible. Seriously, that country is starting over from scratch... [Post 1 of 2....stay tuned]
3-27-2021 Newshound Guru Breitling Question [I heard Iraqi dinar are being exchanged for U.S. notes. Please explain the difference between U.S. notes and U.S. dollars.] There is none. It's just preference on what people call the U.S. dollar. A U.S. note is a U.S. dollar. It's the same thing...Here's the thing - What do you mean by "I heard Iraq dinars are being exchanged for U.S. notes." ...How did you get the dinar you have? What did you use to get it? You used the U.S. dollar. You've always been able to exchange... You used the U.S. dollar to get into the dinar...let me repeat this one more time...You bought your dinars with U.S. dollars so you can already exchange it for dinar. That's it. Very simple.
3-27-2021 Intel Guru Frank26 Bank Story Interview - Dragon Slayer. "I do online banking with Wells Fargo in Lebanon Pennsylvania." What adventures did you have with them today? "I was excited about it, I tell you that. She asked me about what currencies I had because we were talking about the currencies and I told her...she said oh, yes we will exchange those. I said, so you know what I'm talking about? And she goes, yes we know what you're talking about and it's coming..." You were talking about foreign currency, if they exchanged and you mentioned the Iraqi Dinar as one of the currencies you wanted to exchange and they said to you, 'oh, yes. We know it's coming.' "Yep." ...thank you for your desire to share this and I'm also going to tell you you're one of many stories that we're hearing in the last 40 to 72 hours. There have been so many people that have called and told me that Franks banks know and then they tell me the story and that's why I started making recordings...Nobody knows when it's going to happen but what we do know is that it is happening...
3-27-2021 Newshound Guru Pimpy Parliament...they want this rate change restored and they're willing to make life hell for getting the budget passed. Here's what happens - the parliament can't control the rate change. That's the CBI. What parliament could do is refuse to pass the budget unless the rate change is in there. That is possible. Will they get what they want? We're going to see. We got to pay attention. Let's see how influential they are...looks like there's going to be some issues between the government and the CBI versus parliament...we've got a standoff...
3-27-2021 Intel Guru MarkZ [via PDK] [...the government said they are not going to change the rate for at least four years what do you think about that?] I’m not worried…they lowered salaries in Iraq…something is happening…and keep in mind that when China revalued the yuan…3 days before…they came out with a big ad saying it was going to be years before they revalued…same when Kuwait revalued…..don’t let it shake you. They do not want us to know the exact timing…could it still be Saturday? Absolutely!! Could it be right now? Any moment could be the “go” . They have cried “wolf” so many times…everything is fair game in my opinion.
3-27-2021 Guest Intel Guru Coyote [Response to Guru Petra 3-23-2021] Iraq doesn’t follow GAAP...They follow IFRS....GAAP is General Accepted Accounting Standards. It is not a report but volumes of standards and regulations that Is only used in the US. There are over 100 other countries, Iraq being one of those countries that use IFRS which stands for International Financial Reporting Standards. In Iraq, banks cannot use both...Banks must use IFRS as mandated by the CBI...I used to be a financial auditor for the #1 construction company in the world based on ENR who operates both domestically and international. I am now retired...Are IFRS Standards incorporated into law...? Yes for banks Under the Iraq Banking Law (2004)... No for other companies.
3-26-2021 Newshound Guru Jeff The budget - because of what's in it Article 140, HCL oil and gas law those items make the budget married to the rate change. When you see Iraq kicking the budget can down the road they're simply tell you at this time they're not ready to change the rate...there's a big event they're working on right now...they need more time. They've got some things to work out in the back end...
3-26-2021 Intel Guru Frank26 Question [IYO if I have 6 million Iraqi dinar can I exchange 2 million at 1 to 1 rate and then exchange the rest when the rate goes up? Or do I have to exchange all of it at the same time?] It's your prerogative. It's your choice to exchange however amount you want at whatever time you want. Obviously, in the beginning whatever rate they give you is a "sucker rate". 1 to 1 everybody you can think of is going to go in. I'm going to go in. But the key is how much do you want to exchange? ...I'm going to cash out just as much as what I need to get by and I'm going to hold onto the rest...get yourself a financial advisor...
3-26-2021 Newshound Guru Breitling Question: [If Iraq does nothing to increase the dinar in this year's budget do we have to wait another year?] No and it has nothing to do with their budget. This is where people have problems. They think they have to put something in the budget somewhere otherwise the value is never going to come out...No...The budget is what they owe and based on what they can pay back they don't need that to add value to their currency. Let's say they come up with the budget and the next day it revalues and that completely changes the budget - No it doesn't. It changes the decimal. That's all it changes. They just move the decimal over...They don't need the budget to come out in order for them to add value to their currency.
3-26-2021 Newshound Guru Jeff Article: "Parliamentary Finance resolves the controversy: There is no request to reduce the exchange rate" This article is telling you they want to keep the rate exactly where it's at at the request of the central bank. It's also suggested they have no intentions of bringing a 12-month budget forward.
3-26-2021 Intel Guru MarkZ [via PDK] Still a lot of chatter from Iraq…they do not have a 1 to 1 rate yet…we will find out if they move forward this weekend…the budget vote was scheduled for 1 pm their time tomorrow...We need to manage our expectations…but it appears we are here …I am excited but don’t want us all to get to high and then crash again…manage our expectations.
3-26-2021 Newshound Guru Pimpy What happens if they do change it to the $3.22 rate? What do you mean what happens? There's a whole lot of us would be high-fiving, doing the pee-pee dance. Think about what bills we want to pay. This would be some life-changing stuff...A lot of money would be dumped into cryptocurrencies, gold and silver. That's what would happen. I'd rather error on the side of caution. I'm thinking they're going to move from 1450 for every dollar back to where it was 1190. Could I be wrong? Yeah. Maybe I'm wrong. Maybe it could be the $3.22. I would not jump this shark that far. Just stay grounded...
3-26-2021 Newshound Guru Jeff This year you will not see a 12-month annual budget drafted or brought forward from Iraq. Because Iraq is not doing a budget they will not be changing the rate at this current fiscal period we're at now - around April 1st. There's not going to be any rate changes because of what they're working on right now... 1460 that's where it's going to stay.
3-26-2021 Intel Guru Frank26 Question: [How many months will we have to exchange our dinar before our dinar is null and void?] The amount of time will be determined by the CBI. Once phase 1 starts at 1 to 1 in country then the citizens of Iraq will be told you have this much time to turn in the 3-zero notes...we don't know how long yet. But they will tell you how long. IMO whatever they establish in-country will reflect out-country...
3-26-2021 Intel Guru MarkZ [via PDK] [Can you quickly explain how the RV will affect Vietnam, Iraq etc. If whole population exchanges they would all be rich? Who works then?] in the local markets they will see an increase in value. Their standard of living is lower then ours because their currency is depressed. Also the values there will be a lower level then what you and I will exchange at. Then it will come up to a “street level”…they will definitely get relief and will be able to afford better things.
3-26-2021 Newshound Guru Kaperoni They were many conflicting articles last December when the Central Bank of Iraq devalued the currency to 1460 to $1. It turns out they actually floated the currency for a short period of time... Article quote: "Under this pressure, and pressure from international institutions, the Iraqi authorities last December, a partial float of the currency, by reducing the price of the dinar to 1460 against the dollar..."
3-26-2021 Intel Guru Frank26 Question [IYO if I have 6 million Iraqi dinar can I exchange 2 million at 1 to 1 rate and then exchange the rest when the rate goes up? Or do I have to exchange all of it at the same time?] It's your prerogative. It's your choice to exchange however amount you want at whatever time you want. Obviously, in the beginning whatever rate they give you is a "sucker rate". 1 to 1 everybody you can think of is going to go in. I'm going to go in. But the key is how much do you want to exchange? ...I'm going to cash out just as much as what I need to get by and I'm going to hold onto the rest...get yourself a financial advisor...
3-26-2021 Newshound Guru Breitling Question: [If Iraq does nothing to increase the dinar in this year's budget do we have to wait another year?] No and it has nothing to do with their budget. This is where people have problems. They think they have to put something in the budget somewhere otherwise the value is never going to come out...No...The budget is what they owe and based on what they can pay back they don't need that to add value to their currency. Let's say they come up with the budget and the next day it revalues and that completely changes the budget - No it doesn't. It changes the decimal. That's all it changes. They just move the decimal over...They don't need the budget to come out in order for them to add value to their currency.
3-26-2021 Newshound Guru Jeff Article: "Parliamentary Finance resolves the controversy: There is no request to reduce the exchange rate" This article is telling you they want to keep the rate exactly where it's at at the request of the central bank. It's also suggested they have no intentions of bringing a 12-month budget forward.
3-26-2021 Intel Guru MarkZ [via PDK] Still a lot of chatter from Iraq…they do not have a 1 to 1 rate yet…we will find out if they move forward this weekend…the budget vote was scheduled for 1 pm their time tomorrow...We need to manage our expectations…but it appears we are here …I am excited but don’t want us all to get to high and then crash again…manage our expectations.
3-26-2021 Newshound Guru Pimpy What happens if they do change it to the $3.22 rate? What do you mean what happens? There's a whole lot of us would be high-fiving, doing the pee-pee dance. Think about what bills we want to pay. This would be some life-changing stuff...A lot of money would be dumped into cryptocurrencies, gold and silver. That's what would happen. I'd rather error on the side of caution. I'm thinking they're going to move from 1450 for every dollar back to where it was 1190. Could I be wrong? Yeah. Maybe I'm wrong. Maybe it could be the $3.22. I would not jump this shark that far. Just stay grounded...
3-26-2021 Newshound Guru Jeff This year you will not see a 12-month annual budget drafted or brought forward from Iraq. Because Iraq is not doing a budget they will not be changing the rate at this current fiscal period we're at now - around April 1st. There's not going to be any rate changes because of what they're working on right now... 1460 that's where it's going to stay.
3-26-2021 Intel Guru Frank26 Question: [How many months will we have to exchange our dinar before our dinar is null and void?] The amount of time will be determined by the CBI. Once phase 1 starts at 1 to 1 in country then the citizens of Iraq will be told you have this much time to turn in the 3-zero notes...we don't know how long yet. But they will tell you how long. IMO whatever they establish in-country will reflect out-country...
3-26-2021 Intel Guru MarkZ [via PDK] [Can you quickly explain how the RV will affect Vietnam, Iraq etc. If whole population exchanges they would all be rich? Who works then?] in the local markets they will see an increase in value. Their standard of living is lower then ours because their currency is depressed. Also the values there will be a lower level then what you and I will exchange at. Then it will come up to a “street level”…they will definitely get relief and will be able to afford better things.
3-26-2021 Newshound Guru Kaperoni They were many conflicting articles last December when the Central Bank of Iraq devalued the currency to 1460 to $1. It turns out they actually floated the currency for a short period of time... Article quote: "Under this pressure, and pressure from international institutions, the Iraqi authorities last December, a partial float of the currency, by reducing the price of the dinar to 1460 against the dollar..."
3-25-2021 Intel Guru Bruce [via WiserNow] I just learned this this afternoon...You know forever that we’ve been talking about both emails and toll free numbers - right? Well the emails are coming out from a secure website a secure link website – and the theory is and this is how it should happen - that you can respond back and set up your appointment through a return email that you get that you are able to create through the SecureLink website...so you can respond back or go to the SecureLink website which ever it is...and essentially create the time based on the perimeters that they give you for available times etc etc - ok – some of this stuff is new and I don’t really know exactly how it’s going to work but it will be something that we can do...In addition...I should get the 800 numbers and be able to put those out...to have them available...
3-25-2021 Intel Guru MarkZ [via PDK] [...Iraqi people are changing 1 to 1 the DINAR for US dollars within Iraq only. IS THIS TRUE?] No it is not true. I have spoken to people in Iraq…boots on the ground from Fallujah, to Bagdad to all over the country… I have a business contact from Australia there and he is very clear that this is not occurring yet…are they expecting it soon? Has physical cash dinar started trading a little higher in the market place there unofficially to try to start aggregating it there…. Yes …but there is no 1 to 1 rate there yet.
3-25-2021 Newshound Guru Pimpy Article: "We will oblige the government to restore the exchange rate of the dollar to what it was previously" What do they mean "previously"? Did they mean previously to the $3.22 rate? There's a lot of that chatter going on - Or to the one I was talking about which is 1190 dinars...my opinion it would be back to where it was before which is one dollar for every 1190 dinars. That's just my opinion. Could they be talking about the rate that it used to be at $3.22? People are trying to figure out what this means...
3-25-2021 Intel Guru Frank26 No body knows when this is going to happen. It looks like it's here doesn't it? I will admit this is the closest I've ever seen it...the new small category notes IMO are coming out very soon at a 1 to 1 rate...didn't I say to you you'd see a plethora, a mountain, a pile, a cornucopia of nothing but articles about the exchange rate of the Iraqi dinar against the American dollar...
3-25-2021 Intel Guru MarkZ [via PDK] ...everything seems to be on track for Saturday when Iraq votes at 1 pm their time...We expected it last Saturday…they moved the date…i think 2 weeks is the worst case scenario so we can manage our expectations…it’s a “when” not an “if”…
3-25-2021 Intel Guru Bruce [via WiserNow] ...we know...in Iraq – this has been several days ago now – that the dinar was at $1.00 in comparison to the USN dollar...it was on par – same value...in country...You remember when Dr Shabibi said the dinar could support – and that is still where we roughly where we believe we are going to be – on the dinar here – for a while – and then when we are done with our exchanges at the redemption centers and tier 1 banks that’s when the rates will revert back to a so called normal trading rate – same thing will be true for the dong – and other currencies at some point we will be on par against a level playing field with many many countries...
3-25-2021 Newshound Guru Jeff Article: "Legal expert: Parliament legislation is not binding on the central bank" Parliament cannot do anything with the exchange rate. Decisions on the exchange rate can only be made and decided by the central bank...
3-25-2021 Newshound/Intel Guru Mnt Goat Many of the MPs say they will now boycott the voting process and not vote on approving the 2021 budget except in the case of returning the previous dollar exchange rate to 1200. So as time passes and oil rises, they are making this a contentious issue. So again, I am telling you that because oil is rising and the CBI is still keeping the rate at about 1450 tells us there is much more to the devaluation of the dinar that meets the eye. It is now obvious that it is not all just about balancing the budget and paying off debt...It was also about collecting the larger notes out of circulation in preparation for the deleting the zeros project. This project will mean a revaluation of the dinar to significant levels that we as investors want.
3-25-2021 Intel Guru MarkZ [via PDK] [...Iraqi people are changing 1 to 1 the DINAR for US dollars within Iraq only. IS THIS TRUE?] No it is not true. I have spoken to people in Iraq…boots on the ground from Fallujah, to Bagdad to all over the country… I have a business contact from Australia there and he is very clear that this is not occurring yet…are they expecting it soon? Has physical cash dinar started trading a little higher in the market place there unofficially to try to start aggregating it there…. Yes …but there is no 1 to 1 rate there yet.
3-25-2021 Newshound Guru Pimpy Article: "We will oblige the government to restore the exchange rate of the dollar to what it was previously" What do they mean "previously"? Did they mean previously to the $3.22 rate? There's a lot of that chatter going on - Or to the one I was talking about which is 1190 dinars...my opinion it would be back to where it was before which is one dollar for every 1190 dinars. That's just my opinion. Could they be talking about the rate that it used to be at $3.22? People are trying to figure out what this means...
3-25-2021 Intel Guru Frank26 No body knows when this is going to happen. It looks like it's here doesn't it? I will admit this is the closest I've ever seen it...the new small category notes IMO are coming out very soon at a 1 to 1 rate...didn't I say to you you'd see a plethora, a mountain, a pile, a cornucopia of nothing but articles about the exchange rate of the Iraqi dinar against the American dollar...
3-25-2021 Intel Guru MarkZ [via PDK] ...everything seems to be on track for Saturday when Iraq votes at 1 pm their time...We expected it last Saturday…they moved the date…i think 2 weeks is the worst case scenario so we can manage our expectations…it’s a “when” not an “if”…
3-25-2021 Intel Guru Bruce [via WiserNow] ...we know...in Iraq – this has been several days ago now – that the dinar was at $1.00 in comparison to the USN dollar...it was on par – same value...in country...You remember when Dr Shabibi said the dinar could support – and that is still where we roughly where we believe we are going to be – on the dinar here – for a while – and then when we are done with our exchanges at the redemption centers and tier 1 banks that’s when the rates will revert back to a so called normal trading rate – same thing will be true for the dong – and other currencies at some point we will be on par against a level playing field with many many countries...
3-25-2021 Newshound Guru Jeff Article: "Legal expert: Parliament legislation is not binding on the central bank" Parliament cannot do anything with the exchange rate. Decisions on the exchange rate can only be made and decided by the central bank...
3-25-2021 Newshound/Intel Guru Mnt Goat Many of the MPs say they will now boycott the voting process and not vote on approving the 2021 budget except in the case of returning the previous dollar exchange rate to 1200. So as time passes and oil rises, they are making this a contentious issue. So again, I am telling you that because oil is rising and the CBI is still keeping the rate at about 1450 tells us there is much more to the devaluation of the dinar that meets the eye. It is now obvious that it is not all just about balancing the budget and paying off debt...It was also about collecting the larger notes out of circulation in preparation for the deleting the zeros project. This project will mean a revaluation of the dinar to significant levels that we as investors want.
3-24-2021 *** Dinar Guru New Update *** The dinar is once again in compiance with the IMF's 2% rule. The Central Bank of Iraq's official dinar rate and their reported market rate are within 2%. Several gurus feel the dinar must be in compliance inorder to be considered for Article VIII. They feel once the dinar and CBI are Article VIII this will give banks around the world the green light to begin dealing in dinar again. The CBI nor the IMF have announced the dinar is compliant or Article VIII as of yet. Stay tuned as the gurus chime in on the CBI's accomplishment. The latest guru posts will continue below...
3-24-2021 Intel Guru MarkZ [via PDK] [Do you think we will go earlier then Saturday and the Iraq budget announcement?] Very possible…we have some very key people being moved into place for tomorrow…I spoke to 4 contacts at the Dept of defense…and they are trying to aggregate “oil for dinar” for dinar. So it is getting fun guys.
3-24-2021 Newshound Guru Breitling Where does my math come from? My math comes from calculating on their debt plus 4% GDP growth. In other words they get rid of their debt and they have enough money to get their economy running and encourage a 4% in GDP growth. That's where I get around a 56 cents range...Iraq says 1 to 1. I say it's going to be a slow growth from around .56 cents on up. That's just my opinion. That's just based on the math...It's not going to do them any good coming in at .10 cents and if they do it won't be for very long. They need to go higher...
3-24-2021 Newshound Guru Pimpy I know you guys hearing all kinds of rumors out there that in country they're already exchanging at 1 to 1. That's not true. There's no evidence of that whatsoever...
3-24-2021 Intel Guru Bruce [via WiserNow] What is very interesting is the redemption center staff are going in very early in the morning on Thursday morning at 7:15 – is that early enough for you? To be ready to go to do business at their desks at 7:30 am...So that tells me that we should get...the optimum word – “should”...should be receiving our notifications tomorrow [Wednesday] and setting our appointments for Thursday – and beyond... the good news is that we believe based on 4 separate verifications of timing...4 separate banking institutions that the window that has been put out there for us we are right in the middle of right now...we could get notified with these emails at any time...Without going into it - the fact is there is...an agreement in this that we haven’t had quite at this level in this acute time period as we have right now...
3-24-2021 Intel Guru Frank26 Article: "The Central Bank adds a new feature to the Iraqi banknotes" Quote: "the Central Bank of Iraq announced on Monday, that it has added a feature to protect banknotes from bacteria and viruses to the national currency" If you go to the CBI website you will be able to see when they last printed currency. It was in 2018. It's the 250's the 500's that they are going to be including with the new small category notes...the coronavirus came out in 2020 but...they haven't printed any new currency since 2018...something doesn't sound right...this is a marketing ploy...bring me your infected 3-zero notes...says the CBI...We want to protect you...I will give you brand new small category notes with a new value to it against the American dollar...We believe this is a propaganda ploy to bring in as many zeros as possible. I'm impressed with this tactic...
3-24-2021 Intel Guru MarkZ [via PDK] The Iraqi budget vote is still slated for Saturday at 1 pm Iraq time…which we are told should give us our new value. On April first most of their government has agreed to a 40-60% decrease in pay of the number of dinar they will get…So it will have to have a higher value to justify this…it doesn’t make sense…it doesn’t jive…they have to many responsibilities that will require that higher value...i don’t believe they can kick that can any further. We will see.
3-24-2021 Newshound Guru Jeff This weekend nor the month of April Iraq isn't going to do anything with the budget. They can't. Iraq's not going to do anything with the exchange rate because it's the Central Bank that calls the shots. They're the ones that are in charge of the monetary system. They're autonomous from the government. They're not going to adjust the rate at this time. The rate is going to remain where it's going to stay because the central bank is using it as a tool to remove 3 zero notes out of circulation up until the point the rate changes.
3-24-2021 Newshound/Intel Guru Mnt Goat What are the CBI plans? As I promised I would I contact my source in the Central Bank of Iraq (CBI) this past weekend. Today I wanted to come on and tell you want I learned. Remember we needed to validate all the intel rumors that Iraq has already gone to 1:1, IQD: USD. The result of my long conversation with the CBI is that “NO” it had not revalued to this extent, but there is a plan underway to do it by the end of the year (2021)...
3-24-2021 Newshound Guru Breitling Where does my math come from? My math comes from calculating on their debt plus 4% GDP growth. In other words they get rid of their debt and they have enough money to get their economy running and encourage a 4% in GDP growth. That's where I get around a 56 cents range...Iraq says 1 to 1. I say it's going to be a slow growth from around .56 cents on up. That's just my opinion. That's just based on the math...It's not going to do them any good coming in at .10 cents and if they do it won't be for very long. They need to go higher...
3-24-2021 Newshound Guru Pimpy I know you guys hearing all kinds of rumors out there that in country they're already exchanging at 1 to 1. That's not true. There's no evidence of that whatsoever...
3-24-2021 Intel Guru Bruce [via WiserNow] What is very interesting is the redemption center staff are going in very early in the morning on Thursday morning at 7:15 – is that early enough for you? To be ready to go to do business at their desks at 7:30 am...So that tells me that we should get...the optimum word – “should”...should be receiving our notifications tomorrow [Wednesday] and setting our appointments for Thursday – and beyond... the good news is that we believe based on 4 separate verifications of timing...4 separate banking institutions that the window that has been put out there for us we are right in the middle of right now...we could get notified with these emails at any time...Without going into it - the fact is there is...an agreement in this that we haven’t had quite at this level in this acute time period as we have right now...
3-24-2021 Intel Guru Frank26 Article: "The Central Bank adds a new feature to the Iraqi banknotes" Quote: "the Central Bank of Iraq announced on Monday, that it has added a feature to protect banknotes from bacteria and viruses to the national currency" If you go to the CBI website you will be able to see when they last printed currency. It was in 2018. It's the 250's the 500's that they are going to be including with the new small category notes...the coronavirus came out in 2020 but...they haven't printed any new currency since 2018...something doesn't sound right...this is a marketing ploy...bring me your infected 3-zero notes...says the CBI...We want to protect you...I will give you brand new small category notes with a new value to it against the American dollar...We believe this is a propaganda ploy to bring in as many zeros as possible. I'm impressed with this tactic...
3-24-2021 Intel Guru MarkZ [via PDK] The Iraqi budget vote is still slated for Saturday at 1 pm Iraq time…which we are told should give us our new value. On April first most of their government has agreed to a 40-60% decrease in pay of the number of dinar they will get…So it will have to have a higher value to justify this…it doesn’t make sense…it doesn’t jive…they have to many responsibilities that will require that higher value...i don’t believe they can kick that can any further. We will see.
3-24-2021 Newshound Guru Jeff This weekend nor the month of April Iraq isn't going to do anything with the budget. They can't. Iraq's not going to do anything with the exchange rate because it's the Central Bank that calls the shots. They're the ones that are in charge of the monetary system. They're autonomous from the government. They're not going to adjust the rate at this time. The rate is going to remain where it's going to stay because the central bank is using it as a tool to remove 3 zero notes out of circulation up until the point the rate changes.
3-24-2021 Newshound/Intel Guru Mnt Goat What are the CBI plans? As I promised I would I contact my source in the Central Bank of Iraq (CBI) this past weekend. Today I wanted to come on and tell you want I learned. Remember we needed to validate all the intel rumors that Iraq has already gone to 1:1, IQD: USD. The result of my long conversation with the CBI is that “NO” it had not revalued to this extent, but there is a plan underway to do it by the end of the year (2021)...
3-23-2021 Intel Guru MarkZ [via PDK] [Iraq is supposed to vote on Saturday on the budget.] Yes they are expecting it on Saturday…1 pm their time. We are hoping at that time to hear about a value change.
3-23-2021 Newshound/Intel Guru Petra [via Frank26] The G.A.P...this is a report the CBI will hand in to the IMF, BIS and the World Bank...it's a report given to them to explain all that they are doing under a new exchange rate...it [GAP report] is to be turned in by 3-31-21 in order for it to be retroactive back to January the 1st...it is their goal to introduce a 1 to 1 rate...
3-23-2021 Intel Guru MarkZ [via PDK] [I hear Iraq already revalued their currency at 1 to 1…what does this mean?] it means someone has bad information…they have not yet revalued their currency. If you talk to anybody on the street in their country and they will tell you no…not yet…. Everyday I make it a point to contact someone in Iraq…and ask that. Are they prepared and positioned to do so? Yes. Could they be running 2 sets of books for government reasons and for street reasons until the release? Yes…they absolutely could.
3-23-2021 Intel Guru MarkZ [via PDK] We still hear good things out of Iraq…They are still expecting that vote on the 27th. Could it be sooner? Absolutely…it could be a head fake to make us think its Saturday and then drop it early. I have had a few friends who are whales and they were contacted yesterday and are getting into position for exchanges...It would be even more exciting if I could tell you who asked them to move… but I can’t…I am not allowed to share. But it is exciting.
3-23-2021 Intel Guru Frank26 I made it very plain and simple...you're now going to see articles talking about the exchange rate of the Iraqi dinar. There's so many of them. Since we told you that 2 weeks ago you've got about 60 articles...
3-23-2021 Intel Guru Footforward [According to Al-Eqtisad News, the Central Bank of Iraq announced, today, that it has added a feature to protect the new banknotes from bacteria and viruses, including the Corona virus, so they will need to bring in all of their old money to exchange it for the new bills to help get rid of the corona virus in their country...] ...it is a ploy. It's not bad for us. It just means they're trying to get more of their triple zero notes off the streets.
3-23-2021 Newshound/Intel Guru Petra [via Frank26] The G.A.P...this is a report the CBI will hand in to the IMF, BIS and the World Bank...it's a report given to them to explain all that they are doing under a new exchange rate...it [GAP report] is to be turned in by 3-31-21 in order for it to be retroactive back to January the 1st...it is their goal to introduce a 1 to 1 rate...
3-23-2021 Intel Guru MarkZ [via PDK] [I hear Iraq already revalued their currency at 1 to 1…what does this mean?] it means someone has bad information…they have not yet revalued their currency. If you talk to anybody on the street in their country and they will tell you no…not yet…. Everyday I make it a point to contact someone in Iraq…and ask that. Are they prepared and positioned to do so? Yes. Could they be running 2 sets of books for government reasons and for street reasons until the release? Yes…they absolutely could.
3-23-2021 Intel Guru MarkZ [via PDK] We still hear good things out of Iraq…They are still expecting that vote on the 27th. Could it be sooner? Absolutely…it could be a head fake to make us think its Saturday and then drop it early. I have had a few friends who are whales and they were contacted yesterday and are getting into position for exchanges...It would be even more exciting if I could tell you who asked them to move… but I can’t…I am not allowed to share. But it is exciting.
3-23-2021 Intel Guru Frank26 I made it very plain and simple...you're now going to see articles talking about the exchange rate of the Iraqi dinar. There's so many of them. Since we told you that 2 weeks ago you've got about 60 articles...
3-23-2021 Intel Guru Footforward [According to Al-Eqtisad News, the Central Bank of Iraq announced, today, that it has added a feature to protect the new banknotes from bacteria and viruses, including the Corona virus, so they will need to bring in all of their old money to exchange it for the new bills to help get rid of the corona virus in their country...] ...it is a ploy. It's not bad for us. It just means they're trying to get more of their triple zero notes off the streets.
3-22-2021 Intel Guru Footforward ...several you...contacted me over the weekend asking whether or not the RV was happening on sunday. I had said no. The RV will never happen on a Sunday. There are many reasons for this. So just something to keep in mind going forward. Also there is no such thing as an "in country RV". And yes I'm sure on both counts.
3-22-2021 Newshound Guru Jeff Article: "Kurdish Parliament: A new round of talks for the Kurdish delegation in Baghdad next week" For the rate change to even happen, at a minimum, Kurdistan and Baghdad have to reach full an agreements on the budget.
3-22-2021 Intel Guru MarkZ [via PDK] Number 2 is the delay was to throw timing off so that people are not expecting anything until the 27th…and they will pull the trigger sooner... I hope this one is accurate. I hope this date is a “head fake” and we go sooner. Number 3- I heard that the nefarious US Treasury got in the way. But, I am told this is utter BS from a number of great sources…so I don’t give this one any credence. We are so close…but, don’t believe me…study history…do some research and you will see just how close the Iraqis are. I really hope this is BOOM week! [post 3 of 3]
3-22-2021 Intel Guru MarkZ [via PDK] Number 1 is from an Interpol source saying they are taking this last “hoo-ra” to clean up some last minute stuff because they were prepared to go with that budget vote…they had positioned money and they caught some very nefarious people trying to move large amounts of physical dinar…This gave them an opportunity for one last clean up…and they fully expect things to go on the 27th… [post 2 of 3....stay tuned]
3-22-2021 Intel Guru MarkZ [via PDK] [Iraq Kicking the can?] First- they are not trading 1 to 1 in the Iraqi streets…anyone with active military contacts in Iraq can simply reach out and ask them. Are they preparing? Absolutely. We had expected the budget to pass this weekend…it did not…they shelved the final vote until Mar 27 at 1 pm their time. There was huge progress made…I am hearing a couple different reasons why that vote was delayed until the 27th… [post 1 of 3....stay tuned]
3-22-2021 Guest Guru Sheila Article: "Al-Saffar: Political disputes have delayed approving the budget" My opinion is the budget is done - everything is done. All these articles are just theater... pushing for time until they get the "good to go".
3-22-2021 Newshound Guru Pimpy There is a political block...that is refusing to vote. They're boycotting unless the rate change is in there [The 2021 budget]. But what they're demanding is it be restored to...1190 for one dollar. Some people thought that meant they would go back to the old rate. I would love it if they did that. Could they still do that? Yes. They might. But there is no indication that they will. Would they announce it? No. When Kuwait did their switch...in the news they told everybody that it wasn't gonna happen for a while, then they turned around they did it the next day or the day after. Anything is possible but first and foremost we definitely got to make sure...what's going on in Erbil/Baghdad get their things ironed out so we can get this budget passed...now they're postponing the vote for one week...
3-22-2021 Newshound Guru Jeff Article: "Kurdish Parliament: A new round of talks for the Kurdish delegation in Baghdad next week" For the rate change to even happen, at a minimum, Kurdistan and Baghdad have to reach full an agreements on the budget.
3-22-2021 Intel Guru MarkZ [via PDK] Number 2 is the delay was to throw timing off so that people are not expecting anything until the 27th…and they will pull the trigger sooner... I hope this one is accurate. I hope this date is a “head fake” and we go sooner. Number 3- I heard that the nefarious US Treasury got in the way. But, I am told this is utter BS from a number of great sources…so I don’t give this one any credence. We are so close…but, don’t believe me…study history…do some research and you will see just how close the Iraqis are. I really hope this is BOOM week! [post 3 of 3]
3-22-2021 Intel Guru MarkZ [via PDK] Number 1 is from an Interpol source saying they are taking this last “hoo-ra” to clean up some last minute stuff because they were prepared to go with that budget vote…they had positioned money and they caught some very nefarious people trying to move large amounts of physical dinar…This gave them an opportunity for one last clean up…and they fully expect things to go on the 27th… [post 2 of 3....stay tuned]
3-22-2021 Intel Guru MarkZ [via PDK] [Iraq Kicking the can?] First- they are not trading 1 to 1 in the Iraqi streets…anyone with active military contacts in Iraq can simply reach out and ask them. Are they preparing? Absolutely. We had expected the budget to pass this weekend…it did not…they shelved the final vote until Mar 27 at 1 pm their time. There was huge progress made…I am hearing a couple different reasons why that vote was delayed until the 27th… [post 1 of 3....stay tuned]
3-22-2021 Guest Guru Sheila Article: "Al-Saffar: Political disputes have delayed approving the budget" My opinion is the budget is done - everything is done. All these articles are just theater... pushing for time until they get the "good to go".
3-22-2021 Newshound Guru Pimpy There is a political block...that is refusing to vote. They're boycotting unless the rate change is in there [The 2021 budget]. But what they're demanding is it be restored to...1190 for one dollar. Some people thought that meant they would go back to the old rate. I would love it if they did that. Could they still do that? Yes. They might. But there is no indication that they will. Would they announce it? No. When Kuwait did their switch...in the news they told everybody that it wasn't gonna happen for a while, then they turned around they did it the next day or the day after. Anything is possible but first and foremost we definitely got to make sure...what's going on in Erbil/Baghdad get their things ironed out so we can get this budget passed...now they're postponing the vote for one week...
3-21-2021 Intel Guru MarkZ [via PDK] ...I am told we will have 10 days to set our appointments and 30 days to exchange...
3-21-2021 Newshound Guru Jeff There's conflicting news...you have some articles telling you that everything's kosher between Kurdistan and Baghdad and that they can resolve their differences and complete the budget next Sunday. Then you had another article telling you no no wait a second this political block says nope that until that exchange rate gets increased they're not going to be able to approve the budget...my gut is telling me...they're not going to change the rate at this time. There will be no budget approval...
3-21-2021 Newshound Guru Adam Montana The Budget was completed some time ago, and Baghdad and the Kurds were even in agreement on the original Budget that was preliminarily approved... the fact that there are now disputes, that are tied to the oil and gas law, tells us very clearly that they are not arguing over a few dinars... they are arguing over a LOT of dinars, which is also dollars. My friends, we are closing in on a spectacular finish! I'm looking forward to it. I know many of you are, as well. Hang tight! This might get bumpy before it's over, but OH BOY will it be worth it!!! GO RRRVVVV!!$!$!$!$!! [post 2 of 2]
3-21-2021 Newshound Guru Adam Montana I' m going to run through this one pretty quick, because it's very simple to explain. That's a good thing. Simple = easy to conclude, which also translates loosely to "soon"! OIL is slightly lower than in my last update [61.42], but it's still in the "good" range. Anything in the $60s is great, as far as I'm concerned! More importantly, however, is all the HCL talk...I can confirm this is true: Iraq is dealing with the HCL as we speak, and I think it's going to get done this time. Article quote: "It is noteworthy that the Oil Ministry’s sudden announcement of the draft oil and gas law coincides with marathon negotiations between Baghdad and the Kurdistan region regarding the latter’s share in the 2021 budget and the mechanism for managing his oil file." [post 1 of 2....stay tuned]
3-21-2021 Newshound Guru Pimpy I do expect they'll go back sooner or later to that fiscal period from the beginning of April all the way through March. Could it be this time around? Maybe. That's why they're stalling? Could be. But where are we? March 20th. There's 31 days in this month. If they're going to try to make that deadline they have got to get this over and done with ASAP...Can they retro? Of course they can. Is the rate change going to be in there [the 2021 budget]? There is a political block right now that is refusing to vote. They're boycotting unless the rate change is in there. But what they're demanding is it be restored to where it just was...1190 dinar per one dollar.
3-21-2021 Newshound/Intel Guru Walkingstick [via Guru Frank26] The [Saturday] meetings are concluded...next week they will add more meetings for the next phase.
3-21-2021 Newshound Guru Jeff Back in 1973 the value of the dinar against the dollar was $3.37...Iraq is the wealthiest country in the world...Iraq's worth more money than Kuwait...[The reason] Kuwait has the highest value currency in the world is when they changed their rate they unpegged their currency from the US dollar and re-pegged to the highest valued currency assortment basket...it's called the KUNA basket...the value of their currency against the US dollar is approximately $3.28. Iraq has more minerals in their soil. They've got gold, lithium, diamonds, natural gas. They're the wealthiest country in the world. There's a very good chance that when the rate changes Iraq could...do what Kuwait did and unpeg from the US dollar and peg to that same currency assortment basket called the KUNA the highest valued basket in the world...
3-21-2021 Newshound Guru Pimpy This is March 20th. Today was supposed to be the big day. What did these other youtubers say? 'Boom! Before you know it the budget was going to change. We would get the big rate change and we'd be skipping our way to the bank'...This is why I tell you don't get overly excited about good news, don't get overly down on bad news...I hear this all time and then I become the boogeyman. Why? Because I'm saying read...whether it's 'contract rates'...redemption centers... humanitarian projects...ridiculous 800 numbers. To me all those things sound like scams. They want you to send your dinar to that location. Where's your security? ...we all want the same thing...we want the RV to happen but there are other indicators out that we can watch for...slow down. Hang tight...
3-21-2021 Newshound Guru Jeff There's conflicting news...you have some articles telling you that everything's kosher between Kurdistan and Baghdad and that they can resolve their differences and complete the budget next Sunday. Then you had another article telling you no no wait a second this political block says nope that until that exchange rate gets increased they're not going to be able to approve the budget...my gut is telling me...they're not going to change the rate at this time. There will be no budget approval...
3-21-2021 Newshound Guru Adam Montana The Budget was completed some time ago, and Baghdad and the Kurds were even in agreement on the original Budget that was preliminarily approved... the fact that there are now disputes, that are tied to the oil and gas law, tells us very clearly that they are not arguing over a few dinars... they are arguing over a LOT of dinars, which is also dollars. My friends, we are closing in on a spectacular finish! I'm looking forward to it. I know many of you are, as well. Hang tight! This might get bumpy before it's over, but OH BOY will it be worth it!!! GO RRRVVVV!!$!$!$!$!! [post 2 of 2]
3-21-2021 Newshound Guru Adam Montana I' m going to run through this one pretty quick, because it's very simple to explain. That's a good thing. Simple = easy to conclude, which also translates loosely to "soon"! OIL is slightly lower than in my last update [61.42], but it's still in the "good" range. Anything in the $60s is great, as far as I'm concerned! More importantly, however, is all the HCL talk...I can confirm this is true: Iraq is dealing with the HCL as we speak, and I think it's going to get done this time. Article quote: "It is noteworthy that the Oil Ministry’s sudden announcement of the draft oil and gas law coincides with marathon negotiations between Baghdad and the Kurdistan region regarding the latter’s share in the 2021 budget and the mechanism for managing his oil file." [post 1 of 2....stay tuned]
3-21-2021 Newshound Guru Pimpy I do expect they'll go back sooner or later to that fiscal period from the beginning of April all the way through March. Could it be this time around? Maybe. That's why they're stalling? Could be. But where are we? March 20th. There's 31 days in this month. If they're going to try to make that deadline they have got to get this over and done with ASAP...Can they retro? Of course they can. Is the rate change going to be in there [the 2021 budget]? There is a political block right now that is refusing to vote. They're boycotting unless the rate change is in there. But what they're demanding is it be restored to where it just was...1190 dinar per one dollar.
3-21-2021 Newshound/Intel Guru Walkingstick [via Guru Frank26] The [Saturday] meetings are concluded...next week they will add more meetings for the next phase.
3-21-2021 Newshound Guru Jeff Back in 1973 the value of the dinar against the dollar was $3.37...Iraq is the wealthiest country in the world...Iraq's worth more money than Kuwait...[The reason] Kuwait has the highest value currency in the world is when they changed their rate they unpegged their currency from the US dollar and re-pegged to the highest valued currency assortment basket...it's called the KUNA basket...the value of their currency against the US dollar is approximately $3.28. Iraq has more minerals in their soil. They've got gold, lithium, diamonds, natural gas. They're the wealthiest country in the world. There's a very good chance that when the rate changes Iraq could...do what Kuwait did and unpeg from the US dollar and peg to that same currency assortment basket called the KUNA the highest valued basket in the world...
3-21-2021 Newshound Guru Pimpy This is March 20th. Today was supposed to be the big day. What did these other youtubers say? 'Boom! Before you know it the budget was going to change. We would get the big rate change and we'd be skipping our way to the bank'...This is why I tell you don't get overly excited about good news, don't get overly down on bad news...I hear this all time and then I become the boogeyman. Why? Because I'm saying read...whether it's 'contract rates'...redemption centers... humanitarian projects...ridiculous 800 numbers. To me all those things sound like scams. They want you to send your dinar to that location. Where's your security? ...we all want the same thing...we want the RV to happen but there are other indicators out that we can watch for...slow down. Hang tight...
3-20-2021 Newshound/Intel Guru RVAlready Remember, the CBI gave the GOI the new rate about 4 weeks ago, but it was not released to the public. It is simply true that the rate is a CBI matter, not a matter for discussion by parliament.
3-20-2021 Newshound Guru Kaperoni Truth and facts are what we are all about. We have spent many years researching the dinar investment and talked about how the dinar can appreciate in value. If it goes up it will go up gradually over time as the economy prospers. There are no shortcuts. ...the Parliamentary Finance Committee confirmed today that there is no adjustment to the exchange rate in the budget...
3-20-2021 Intel Guru MarkZ [via PDK] [Could Iraq get away with not changing the rate…] No …in their budget they have cut salaries by 40-60% on the number of dinar they are getting…so they have to make a change or there will be a massive implosion.
3-20-2021 Intel Guru RayRen98 Representatives decided to postpone its session on the budget law until next Saturday, March 27, 2021, at 1:00 PM.
3-20-2021 Intel Guru Frank26 You can see this on the CBI website - the history. You're going to find that anytime that they had a rate increase or decrease for their currency about between 80% to 70% of the time it happened in two months. Either the month of April or the month of September. That's their history...of those two months...about 90+ percent of the time it was more April than it was September. Respect the first quarter - yeah, you should.
3-20-2021 Intel Guru Bruce [via WiserNow] In talking with two banks yesterday – it was determined that one bank was saying that we should be able to get started between tonight and Sunday and the other bank is very similar to that – it’s actually between NOW/tonight and the weekend...
3-20-2021 Intel Guru Walkingstick [via Guru Frank26] the meetings that they're having on Saturdays...the meetings are talking about the HCL. It's a hot topic...they're still talking about when they're gonna hand out the information to the citizens, the rate and the whole works. But they're also heavily talking on the HCL...It all makes sense because the rate is tied in with the budget. The budget is tied in with the HCL and the HCL is tied in with the monetary reform...why? Because they [Iraqi citizens] will automatically have bank accounts open. "You do want your share of the mineral and oil and gas rights? Yes I do. You now have an account in our bank...that's the only way you're going to get your HCL money. You can't get it any other way..." Brilliant. This is a masterpiece and it was well done by the United States Treasury and President Trump. That's what the meetings are now...
3-20-2021 Newshound Guru Pimpy Be weary of people who say we can all put our dinars together and get a special "contract rate"...Do you mean I have to send you my dinars? Well yeah they got to be held in a trust fund.' Whoa sparky! I don't know you. You're just some dude on the youtube. Where is my protection? You should be very weary...Where is your protection from somebody who's just gonna get up and walk away with your currency? ...It's like physical gold and silver - unless you physically have it and own it you ain't got it.
3-20-2021 Intel Guru Frank26 It used to be weeks...phase one is here... something is going on. The pattern is interesting...I've got this feeling that phase 1...as the date of 1 to 1 rate...I think it is already here because the evidence that I noticed and a pattern that's different with banks in the United States...They know. I even got one recording from a gentleman he said 'I went to Wells Fargo'. I said oh, did they kick you out? He said, 'no, I told them I had dinars and they said we'll take care of you.' ...Wells Fargo? Yes. I found that very interesting. This is a pattern that must not be ignored...
3-20-2021 Newshound Guru Jeff This is huge. Article: "Next Monday, the Supreme Court will begin implementing the Federal Court Law" You know I'm looking for the rate to change this coming Sunday the 21st. That's my opinion...They're talking about implementing the Federal Court Law next Monday...if this article is telling us the truth and they plan to implement the Federal Court Law that's been pending and outstanding since 2005...the only way they can implement the Federal Court Law next Monday is to change the rate on Sunday the 21st. This article is huge...
3-20-2021 Intel Guru Bruce [via WiserNow] Iraq has been called the linchpin for this exchange – the GCR and everything that we’re going to do – and we talked with our contacts in Fallujah, Iraq today and found that yes Iraq did complete everything that they need to do regarding the HCL – the budget approval – all of that has sort of been pushed...I think finally we’re hearing that everything is complete – there’s nothing left to vote on – there were two sessions in Parliament...[Thursday] – and these things were accomplished to where now we will hear whether the rate was put out or not – we will hear either...[Friday] or Saturday - Whether they have done what they said they have done – which is approve the rate and put it out – so – we’ll be looking for that – that will be a really good trigger...
3-20-2021 Newshound Guru Kaperoni Truth and facts are what we are all about. We have spent many years researching the dinar investment and talked about how the dinar can appreciate in value. If it goes up it will go up gradually over time as the economy prospers. There are no shortcuts. ...the Parliamentary Finance Committee confirmed today that there is no adjustment to the exchange rate in the budget...
3-20-2021 Intel Guru MarkZ [via PDK] [Could Iraq get away with not changing the rate…] No …in their budget they have cut salaries by 40-60% on the number of dinar they are getting…so they have to make a change or there will be a massive implosion.
3-20-2021 Intel Guru RayRen98 Representatives decided to postpone its session on the budget law until next Saturday, March 27, 2021, at 1:00 PM.
3-20-2021 Intel Guru Frank26 You can see this on the CBI website - the history. You're going to find that anytime that they had a rate increase or decrease for their currency about between 80% to 70% of the time it happened in two months. Either the month of April or the month of September. That's their history...of those two months...about 90+ percent of the time it was more April than it was September. Respect the first quarter - yeah, you should.
3-20-2021 Intel Guru Bruce [via WiserNow] In talking with two banks yesterday – it was determined that one bank was saying that we should be able to get started between tonight and Sunday and the other bank is very similar to that – it’s actually between NOW/tonight and the weekend...
3-20-2021 Intel Guru Walkingstick [via Guru Frank26] the meetings that they're having on Saturdays...the meetings are talking about the HCL. It's a hot topic...they're still talking about when they're gonna hand out the information to the citizens, the rate and the whole works. But they're also heavily talking on the HCL...It all makes sense because the rate is tied in with the budget. The budget is tied in with the HCL and the HCL is tied in with the monetary reform...why? Because they [Iraqi citizens] will automatically have bank accounts open. "You do want your share of the mineral and oil and gas rights? Yes I do. You now have an account in our bank...that's the only way you're going to get your HCL money. You can't get it any other way..." Brilliant. This is a masterpiece and it was well done by the United States Treasury and President Trump. That's what the meetings are now...
3-20-2021 Newshound Guru Pimpy Be weary of people who say we can all put our dinars together and get a special "contract rate"...Do you mean I have to send you my dinars? Well yeah they got to be held in a trust fund.' Whoa sparky! I don't know you. You're just some dude on the youtube. Where is my protection? You should be very weary...Where is your protection from somebody who's just gonna get up and walk away with your currency? ...It's like physical gold and silver - unless you physically have it and own it you ain't got it.
3-20-2021 Intel Guru Frank26 It used to be weeks...phase one is here... something is going on. The pattern is interesting...I've got this feeling that phase 1...as the date of 1 to 1 rate...I think it is already here because the evidence that I noticed and a pattern that's different with banks in the United States...They know. I even got one recording from a gentleman he said 'I went to Wells Fargo'. I said oh, did they kick you out? He said, 'no, I told them I had dinars and they said we'll take care of you.' ...Wells Fargo? Yes. I found that very interesting. This is a pattern that must not be ignored...
3-20-2021 Newshound Guru Jeff This is huge. Article: "Next Monday, the Supreme Court will begin implementing the Federal Court Law" You know I'm looking for the rate to change this coming Sunday the 21st. That's my opinion...They're talking about implementing the Federal Court Law next Monday...if this article is telling us the truth and they plan to implement the Federal Court Law that's been pending and outstanding since 2005...the only way they can implement the Federal Court Law next Monday is to change the rate on Sunday the 21st. This article is huge...
3-20-2021 Intel Guru Bruce [via WiserNow] Iraq has been called the linchpin for this exchange – the GCR and everything that we’re going to do – and we talked with our contacts in Fallujah, Iraq today and found that yes Iraq did complete everything that they need to do regarding the HCL – the budget approval – all of that has sort of been pushed...I think finally we’re hearing that everything is complete – there’s nothing left to vote on – there were two sessions in Parliament...[Thursday] – and these things were accomplished to where now we will hear whether the rate was put out or not – we will hear either...[Friday] or Saturday - Whether they have done what they said they have done – which is approve the rate and put it out – so – we’ll be looking for that – that will be a really good trigger...
3-19-2021 Intel Guru Footforward [...IS THE CBI DOWN...] CBI has been down alot plus it's a Friday. They will never RV on a Friday. ...These people are way too religious to dare ignore Allah on a Friday and work. ...Now watch. The dinar rate won't be in the budget and many people will sell their dinar...I'm not saying we are far off. I'm saying don't be surprised if the new rate isn't in the budget...
3-19-2021 Newshound Guru Pimpy Article: "Parliamentary Finance: There is no adjustment of exchange rate in the budget" ...when Kuwait did their rate change they told everybody in the news the day before that they had no intentions on changing the rate at the moment....the very next day boom it was done...That's why it's hard to really nail down any rates. Can't nail down any dates. No body knows...they're actually showing you the steps taken to prove to you that the rate change is not in the budget. Does that mean it's not going to be in budget? ...It's possible. Again I don't want you guys to get overly excited...or overly down. Stay grounded. There's still a lot of positive things happening over there in Iraq...
3-19-2021 Newshound Guru Jeff Article: "Parliamentary Finance: There's is no adjustment of the exchange rate in the budget" This article is China syndrome...in the past right before China reinstated or revalued the currency as well as Kuwait, both of them put out articles telly you they have no intentions of revaluing. A few days later BAM Changed it...What have I been telling you? Parliamentary Finance is full of B.S. and horse crap. They lie to you...we're not buying it...IMO Iraq is on track to change their rate this coming Sunday the 21st.
3-19-2021 Intel Guru MarkZ [via PDK] [...Iraq RV's for in country last night/this AM. Any word to corroborate?] Not yet…but, is it expected? Yes…They are in parliament right now and we have expectations for it tonight or tomorrow. It’s highly possible and looking good. There were no huge happenings overnight…but parliament in Iraq is in session as we speak. Big expectations that they will pass the budget. I get mixed signals out of Iraq whether it will be today but they started at 1 pm their time which is a couple hours ago our time. It could be as late as tomorrow before it gets passed. Cross your fingers that we are about to cross the finish line.
3-19-2021 Newshound Guru Pimpy ...Will they pass the budget this weekend? Many of us want to see the budget get passed so we can see if indeed there's any changes to the exchange rate. It's my feeling even if there is one it's not going to be like the one everybody anticipates. It's going to be most likely put back up to where it was before...1190 dinars for every dollar. I don't think you're going to see any major changes in the rate. No big announcements. Not at the moment... [Post 2 of 2]
3-19-2021 Newshound Guru Pimpy There's some things people are getting overly excited about...the budget could it be getting voted on? That's the rumor. We'll see. Article: "Parliamentary Finance: The budget is ready for voting, with the exception of a paragraph related to the Kurdistan region" My understanding is that their constitutional law says they cannot pass a budget without the Kurdistan Regions part in there...Saturday were going to find out...They're talking about voting on the 21st. That's the rumor. We will see. [post 1 of 2....stay tuned]
3-19-2021 Newshound Guru Jeff Article: "Deputy: Agreement to pass the Federal Court law today and pass the budget Saturday" Pass the budget Saturday...4 weeks ago I told you you were not going to see the budget until Saturday the 20th. Boom! Nailed it! Budget Saturday because they don't want you to see it. Remember I told you they're going to change the rate roughly 24 hours later...
3-19-2021 Intel Guru MarkZ [via PDK] Some interesting news coming out of Vietnam…The US is looking to force the upward value of the Vietnamese dong because it has created trade imbalances…so they have found them guilty of lowering and manipulating their currency down …and it should have a much higher value. The dong is one of my favorite currencies …If you look at risk versus reward...its my favorite out of all of them. So we are seeing movement and it’s pretty exciting. The news is really good.
3-19-2021 Newshound Guru Pimpy Article: "Parliamentary Finance: There is no adjustment of exchange rate in the budget" ...when Kuwait did their rate change they told everybody in the news the day before that they had no intentions on changing the rate at the moment....the very next day boom it was done...That's why it's hard to really nail down any rates. Can't nail down any dates. No body knows...they're actually showing you the steps taken to prove to you that the rate change is not in the budget. Does that mean it's not going to be in budget? ...It's possible. Again I don't want you guys to get overly excited...or overly down. Stay grounded. There's still a lot of positive things happening over there in Iraq...
3-19-2021 Newshound Guru Jeff Article: "Parliamentary Finance: There's is no adjustment of the exchange rate in the budget" This article is China syndrome...in the past right before China reinstated or revalued the currency as well as Kuwait, both of them put out articles telly you they have no intentions of revaluing. A few days later BAM Changed it...What have I been telling you? Parliamentary Finance is full of B.S. and horse crap. They lie to you...we're not buying it...IMO Iraq is on track to change their rate this coming Sunday the 21st.
3-19-2021 Intel Guru MarkZ [via PDK] [...Iraq RV's for in country last night/this AM. Any word to corroborate?] Not yet…but, is it expected? Yes…They are in parliament right now and we have expectations for it tonight or tomorrow. It’s highly possible and looking good. There were no huge happenings overnight…but parliament in Iraq is in session as we speak. Big expectations that they will pass the budget. I get mixed signals out of Iraq whether it will be today but they started at 1 pm their time which is a couple hours ago our time. It could be as late as tomorrow before it gets passed. Cross your fingers that we are about to cross the finish line.
3-19-2021 Newshound Guru Pimpy ...Will they pass the budget this weekend? Many of us want to see the budget get passed so we can see if indeed there's any changes to the exchange rate. It's my feeling even if there is one it's not going to be like the one everybody anticipates. It's going to be most likely put back up to where it was before...1190 dinars for every dollar. I don't think you're going to see any major changes in the rate. No big announcements. Not at the moment... [Post 2 of 2]
3-19-2021 Newshound Guru Pimpy There's some things people are getting overly excited about...the budget could it be getting voted on? That's the rumor. We'll see. Article: "Parliamentary Finance: The budget is ready for voting, with the exception of a paragraph related to the Kurdistan region" My understanding is that their constitutional law says they cannot pass a budget without the Kurdistan Regions part in there...Saturday were going to find out...They're talking about voting on the 21st. That's the rumor. We will see. [post 1 of 2....stay tuned]
3-19-2021 Newshound Guru Jeff Article: "Deputy: Agreement to pass the Federal Court law today and pass the budget Saturday" Pass the budget Saturday...4 weeks ago I told you you were not going to see the budget until Saturday the 20th. Boom! Nailed it! Budget Saturday because they don't want you to see it. Remember I told you they're going to change the rate roughly 24 hours later...
3-19-2021 Intel Guru MarkZ [via PDK] Some interesting news coming out of Vietnam…The US is looking to force the upward value of the Vietnamese dong because it has created trade imbalances…so they have found them guilty of lowering and manipulating their currency down …and it should have a much higher value. The dong is one of my favorite currencies …If you look at risk versus reward...its my favorite out of all of them. So we are seeing movement and it’s pretty exciting. The news is really good.
3-18-2021 Intel Guru Bruce [via WiserNow] ...people...will say there is more to be done...this law...that law...this document or that document as far as Iraq goes...the truth of the matter is most of it has been done for many months...they have fine-tuned the budget...Kurdistan is happy...all of that was settled...Iraq is waiting on us – they are waiting on a go ahead from our Treasury to their Central Bank – The CBI – to release everything...
3-18-2021 Newshound Guru Pimpy 'You have to have a humanitarian project' - Where is that officially announced? Where it that written that in order for you to exchange your currency that you legally bought, legally own, is legal tender, where does it say anywhere that you must have a humanitarian project? ...Every time I've asked that question the answer is 'Well you don't suppose they're just gonna give that kind of money do you? Yeah, yeah I do. Why wouldn't I? If that's your answer and that's all you have then you're just full of crap...where is your proof?
3-18-2021 Intel Guru Frank26 Because of the things that they're doing with the monetary [reform?], collecting the 3 zeros, you'll see the Iraqi dinar grow in value outside of the country...if it starts out at 1 to 1...within...90 days...it's possible that we could maybe see 2 to 1. What about when it hits the Real Effective Exchange Rate...? ..maybe within an 8 month period...outside Iraq...it has the potential IMO to be capped around $4.25...this is a speculative investment. There's no way in the world that I'm sitting here telling you this is what's going to happen. What I'm simply telling you is my opinion and nothing more...
3-18-2021 Intel Guru MarkZ [via PDK] Some very interesting stuff coming out of Iraq…they are getting ready to cut their salaries…by 50-60% of the dinar they are getting with the new budget…think about that…how will they pay their bills and how could they be happy with that budget cut coming in 2 weeks if there wasn’t going to be a serious increase in the value of their currency? Would they not be screaming? Why are these people happy with this pay cut? It’s because the value is about ready to expand!!
3-18-2021 Newshound Guru Jeff Article: "vote on budget bill will be postponed until after Newroz holiday: Iraqi MP" ...I fully believe they're still hiding the figures...I told you they might push this possibly until after Sunday the 21st...if they were to change the rate this month in March it's got to happen by the 21st flat out...we have reached a brick wall with our factual data. We are now at the point where we just have to see what happens over the weekend...
3-18-2021 Intel Guru Bruce [via WiserNow] ...the two days that Iraq can posts their rate or their budget on their official document...which is the gazette...on a Wednesday or Saturday...however...they can publish on line on any given day...
3-18-2021 Newshound Guru Pimpy I don't do dates. I don't do rates...I went in and speculated. I would say based on information I can make an argument of why it might be here or why it might be there...they thought it would be somewhere around $1.37...you can speculate about it all you want. I made arguments for a rate as high as $3.22 and I've made arguments for a rate as high as a nickel. It really depends on a lot of different things. That's why we pay attention to the news because all these things are factored in what this rate can be...
3-18-2021 Intel Guru MarkZ [via PDK] [Mark do you still believe that this month we will have the RV released?] Yes I still think this month still…
3-18-2021 Newshound Guru Jeff Article: "Kurdistan Regional Government announce the suspension of official working hours on the occasion of Nowruz holiday" This is a federal holiday - country wide...Don't let them fool you. It's not just a holiday. There's bigger things happening during this period...on the 21st they will have the ISX shutdown...just so you know that was the same official holiday Kuwait utilized...for Iraq it will be Sunday morning round 7-8am their time when they change the rate...it's got to be a Sunday... history is repeating itself and Iraq is walking in Kuwait's footsteps...
3-18-2021 Newshound Guru MilitiaMan Article quote: "Passing the budget bill with the postponement of the vote on the Kurdistan quota and the exchange rate due to deep disagreements about them is impossible." ...talk about the postponement of the Federal Budget Law for 2021 is about the resolving of the exchange rate until a final agreement in that regard. Then look a bit further they have it ready and it is inevitable. So to have it resolved means they have already decided the exchange rate. They have agreed to...21-50% deductions in pay... All projects are stalled until the exposure of the rate...imo... This data supports we are all in a good place... There is no way the Kurds would agree to deductions in salaries without an exchange rate to support it and that off sets the loss. Gear up it is getting real!...imo...
3-18-2021 Newshound Guru Pimpy 'You have to have a humanitarian project' - Where is that officially announced? Where it that written that in order for you to exchange your currency that you legally bought, legally own, is legal tender, where does it say anywhere that you must have a humanitarian project? ...Every time I've asked that question the answer is 'Well you don't suppose they're just gonna give that kind of money do you? Yeah, yeah I do. Why wouldn't I? If that's your answer and that's all you have then you're just full of crap...where is your proof?
3-18-2021 Intel Guru Frank26 Because of the things that they're doing with the monetary [reform?], collecting the 3 zeros, you'll see the Iraqi dinar grow in value outside of the country...if it starts out at 1 to 1...within...90 days...it's possible that we could maybe see 2 to 1. What about when it hits the Real Effective Exchange Rate...? ..maybe within an 8 month period...outside Iraq...it has the potential IMO to be capped around $4.25...this is a speculative investment. There's no way in the world that I'm sitting here telling you this is what's going to happen. What I'm simply telling you is my opinion and nothing more...
3-18-2021 Intel Guru MarkZ [via PDK] Some very interesting stuff coming out of Iraq…they are getting ready to cut their salaries…by 50-60% of the dinar they are getting with the new budget…think about that…how will they pay their bills and how could they be happy with that budget cut coming in 2 weeks if there wasn’t going to be a serious increase in the value of their currency? Would they not be screaming? Why are these people happy with this pay cut? It’s because the value is about ready to expand!!
3-18-2021 Newshound Guru Jeff Article: "vote on budget bill will be postponed until after Newroz holiday: Iraqi MP" ...I fully believe they're still hiding the figures...I told you they might push this possibly until after Sunday the 21st...if they were to change the rate this month in March it's got to happen by the 21st flat out...we have reached a brick wall with our factual data. We are now at the point where we just have to see what happens over the weekend...
3-18-2021 Intel Guru Bruce [via WiserNow] ...the two days that Iraq can posts their rate or their budget on their official document...which is the gazette...on a Wednesday or Saturday...however...they can publish on line on any given day...
3-18-2021 Newshound Guru Pimpy I don't do dates. I don't do rates...I went in and speculated. I would say based on information I can make an argument of why it might be here or why it might be there...they thought it would be somewhere around $1.37...you can speculate about it all you want. I made arguments for a rate as high as $3.22 and I've made arguments for a rate as high as a nickel. It really depends on a lot of different things. That's why we pay attention to the news because all these things are factored in what this rate can be...
3-18-2021 Intel Guru MarkZ [via PDK] [Mark do you still believe that this month we will have the RV released?] Yes I still think this month still…
3-18-2021 Newshound Guru Jeff Article: "Kurdistan Regional Government announce the suspension of official working hours on the occasion of Nowruz holiday" This is a federal holiday - country wide...Don't let them fool you. It's not just a holiday. There's bigger things happening during this period...on the 21st they will have the ISX shutdown...just so you know that was the same official holiday Kuwait utilized...for Iraq it will be Sunday morning round 7-8am their time when they change the rate...it's got to be a Sunday... history is repeating itself and Iraq is walking in Kuwait's footsteps...
3-18-2021 Newshound Guru MilitiaMan Article quote: "Passing the budget bill with the postponement of the vote on the Kurdistan quota and the exchange rate due to deep disagreements about them is impossible." ...talk about the postponement of the Federal Budget Law for 2021 is about the resolving of the exchange rate until a final agreement in that regard. Then look a bit further they have it ready and it is inevitable. So to have it resolved means they have already decided the exchange rate. They have agreed to...21-50% deductions in pay... All projects are stalled until the exposure of the rate...imo... This data supports we are all in a good place... There is no way the Kurds would agree to deductions in salaries without an exchange rate to support it and that off sets the loss. Gear up it is getting real!...imo...
3-17-2021 Intel Guru Frank26 I'll say this, when they do reach that benchmark, we walk into phase 3...conclusion...an area which we say all 3-zero notes that have been withdrawn from circulation allows them to finish their monetary reform and establish REER. 1 to 1 is not the Real Effective Exchange Rate and nor will [phase 2's possible $1.45] IMO. This country is too powerful. I have no idea what this [REER] is... [Post 2 of 2]
3-17-2021 Intel Guru Frank26 Phase 2 - a second rate change...higher than 1 to 1? Yes. [IHO] $1.45...how long will it take to collect the 3 zeros before the citizens have a second rate change increase? I don't know...IMO it's the same amount of time that they gave them to turn in the 50 dinar note...Is that second rate increase only domestically or domestically and international? It's for both sides. [Post 1 of 2....stay tuned]
3-17-2021 Intel Guru Bruce [via WiserNow] ...things are relatively quiet – and I think we have a pretty good idea that is there for a reason - that things have slowed down and seem quiet because we are just about there – at least that is what we hope...we are hearing that we should be looking for notifications based on a...source...that is very high up...very strong bank source – suggesting that tomorrow [Wednesday] afternoon would be a great time for us to be notified...in preparation for exchanges on Thursday...the 18th...we don’t know for sure how soon we would start the exchange but I think if we did receive notifications tomorrow [Wednesday] Thursday is definitely in play for us...
3-17-2021 Newshound Guru Pimpy ...you get people out there saying, 'Hey, I'm going to get you a special contract rate.' Does that make sense to you? You think there's a contract that some group of people are going to get a special rate more than other people for whatever reason? Does that make sense? ...if a bank gave groups of people different types of rates that would be a violation of the law. We're talking about banking here people. You can't just hand pick what rate each different group of people get...there has to be some consistency there...nobody is going to get you a special contract rate...
3-17-2021 Newshound Guru Jeff What's the #1 thing that they're hiding from you....? It's the budget...why is the budget so important? What does it mean? What does it signify? The reason I put a linchpin on it is because the budget itself is the linchpin to the rate change. That's why they're playing the games in the media...when they finish the budget on Saturday the 20th IMO they're probably going to change the rate about 24 hours later.
3-17-2021 Intel Guru MarkZ [via PDK] [From everything I’m hearing from Iraq- looks like they are going back to a 1200 dinar to the dollar.] I don’t think so...it would not fit their budget and goes against everything I am hearing in Iraq now…..also keep in mind when you see this stuff…..its exactly what we were hearing in Kuwait before they revalued….and exactly what we saw in China before they revalued last time…don’t let that shake you...
3-17-2021 Intel Guru Frank26 You're going to have the new small category notes that will be given to the citizens and they will coexists with a specific amount of 3 zero notes...as they get phased out inside of Iraq, they get phased out outside as well...5 or 6 years ago the 50 note was cancelled by the Central Bank of Iraq - they gave everybody 90 days. So you had 90 days to turn in those 50 notes...
3-17-2021 Newshound/Intel Guru Mnt Goat Article: "MEMBER OF PARLIAMENT: PARLIAMENTARY SIGNATURES SUBMITTED TO RESTORE THE DOLLAR’S EXCHANGE RATE" More pressure but many of these PM also want the project to delete the zeros and not just to go back to 1200 rate. They want at least a 1:1 and the lower denominations to come back.
3-17-2021 Intel Guru MarkZ [via PDK] [What ID's do we need to take to exchange.] I was told take whatever you would usually take to open bank accounts…call your bank if you want to verify this…i am told a current picture ID like drivers license and passport. I would suggest bringing your SS card or whatever correlating ID you have in whatever country you are in as well. Basically call your bank and ask them what ID’s you need to bring to open an account.
3-17-2021 Newshound Guru Pimpy Stay away from anybody that gives you a date, anybody who give you a rate. The best anybody could do is speculate. Some people take a more educated stab at that date and rate...some people are just farting in the wind hoping something sticks. Don't get caught up in that stuff. Stay grounded...does that mean that an RI or an RV won't be announced? I didn't say that. It could be announced any day. But there's no guarantees out that that day is going to be here any day soon.
3-17-2021 Intel Guru Frank26 Phase 2 - a second rate change...higher than 1 to 1? Yes. [IHO] $1.45...how long will it take to collect the 3 zeros before the citizens have a second rate change increase? I don't know...IMO it's the same amount of time that they gave them to turn in the 50 dinar note...Is that second rate increase only domestically or domestically and international? It's for both sides. [Post 1 of 2....stay tuned]
3-17-2021 Intel Guru Bruce [via WiserNow] ...things are relatively quiet – and I think we have a pretty good idea that is there for a reason - that things have slowed down and seem quiet because we are just about there – at least that is what we hope...we are hearing that we should be looking for notifications based on a...source...that is very high up...very strong bank source – suggesting that tomorrow [Wednesday] afternoon would be a great time for us to be notified...in preparation for exchanges on Thursday...the 18th...we don’t know for sure how soon we would start the exchange but I think if we did receive notifications tomorrow [Wednesday] Thursday is definitely in play for us...
3-17-2021 Newshound Guru Pimpy ...you get people out there saying, 'Hey, I'm going to get you a special contract rate.' Does that make sense to you? You think there's a contract that some group of people are going to get a special rate more than other people for whatever reason? Does that make sense? ...if a bank gave groups of people different types of rates that would be a violation of the law. We're talking about banking here people. You can't just hand pick what rate each different group of people get...there has to be some consistency there...nobody is going to get you a special contract rate...
3-17-2021 Newshound Guru Jeff What's the #1 thing that they're hiding from you....? It's the budget...why is the budget so important? What does it mean? What does it signify? The reason I put a linchpin on it is because the budget itself is the linchpin to the rate change. That's why they're playing the games in the media...when they finish the budget on Saturday the 20th IMO they're probably going to change the rate about 24 hours later.
3-17-2021 Intel Guru MarkZ [via PDK] [From everything I’m hearing from Iraq- looks like they are going back to a 1200 dinar to the dollar.] I don’t think so...it would not fit their budget and goes against everything I am hearing in Iraq now…..also keep in mind when you see this stuff…..its exactly what we were hearing in Kuwait before they revalued….and exactly what we saw in China before they revalued last time…don’t let that shake you...
3-17-2021 Intel Guru Frank26 You're going to have the new small category notes that will be given to the citizens and they will coexists with a specific amount of 3 zero notes...as they get phased out inside of Iraq, they get phased out outside as well...5 or 6 years ago the 50 note was cancelled by the Central Bank of Iraq - they gave everybody 90 days. So you had 90 days to turn in those 50 notes...
3-17-2021 Newshound/Intel Guru Mnt Goat Article: "MEMBER OF PARLIAMENT: PARLIAMENTARY SIGNATURES SUBMITTED TO RESTORE THE DOLLAR’S EXCHANGE RATE" More pressure but many of these PM also want the project to delete the zeros and not just to go back to 1200 rate. They want at least a 1:1 and the lower denominations to come back.
3-17-2021 Intel Guru MarkZ [via PDK] [What ID's do we need to take to exchange.] I was told take whatever you would usually take to open bank accounts…call your bank if you want to verify this…i am told a current picture ID like drivers license and passport. I would suggest bringing your SS card or whatever correlating ID you have in whatever country you are in as well. Basically call your bank and ask them what ID’s you need to bring to open an account.
3-17-2021 Newshound Guru Pimpy Stay away from anybody that gives you a date, anybody who give you a rate. The best anybody could do is speculate. Some people take a more educated stab at that date and rate...some people are just farting in the wind hoping something sticks. Don't get caught up in that stuff. Stay grounded...does that mean that an RI or an RV won't be announced? I didn't say that. It could be announced any day. But there's no guarantees out that that day is going to be here any day soon.
3-16-2021 Intel Guru RayRen98 I FEEL A RATE CHANGE COMING... DIRECTLY!!! ...HINT 2 THE WISE: DON'T RUSH IN FOR THE "LOWER" EXCHANGE RATES...IT GETS GREATER LATER $$$
3-16-2021 Intel Guru MarkZ [via PDK] [Should we use a bank or redemption center to exchange?] As I understand it…if you walk into a regular bank you will get whatever the street rate is…you are not going to get the higher contract rates…so imo…i would choose to go to a redemption center. Also not all banks are set up with machines to verify your currency… they would...send it off and take a day or two. …I don’t know about you but I don’t know that I would trust all the tellers that would be handling it without me around…may be missing a few bills…I choose redemption centers where they will verify it right in front of your face.
3-16-2021 Newshound Guru Jeff IMO Vietnam needs more time...easily another year...IMO no other currencies will go with the Iraq dinar...the Iraq dinar is the only currency you're going to see change the rate at this time.
3-16-2021 Intel Guru Footforward [frank [Guru Frank26]...said the rate will be 1$ internationally...] ...as things stand there is something in place that make it actually illegal for them to come out that low. And Frank doesn't know about this. And no one else does either. Frank may also be getting misinformation. I know I have the best source on the rate? I like Frank. This isn't anti Frank.
3-16-2021 Intel Guru MarkZ [via PDK] Hearing the HCL will pass in Iraq on Wednesday or early Thursday…this is profit sharing for the oilfields in Iraq and Kurdistan. When this passes…I am told “BOOM” budget is done and we have a new rate…so I am watching this very closely….
3-16-2021 Newshound Guru Pimpy There's nobody from an official capacity who said, 'Hey, we're going to be swapping lower denominations for higher denominations.' That usually happens when we do what's called a LOP. That's when they knock the 3 zeros off the dinar, not the rate exchange, the dinar. That's devaluing the dinar. In other words on million dinar all of sudden becomes worth a thousand in ours [dollars] because they took 3 zeros off. That's not a good thing...I never seen an official announcement that lower denomination were coming out yet. I do know for a fact that they exist. I got confirmation on that and I was allowed to share that information...It's just a matter of when. That's what everybody has been waiting for.
3-16-2021 Newshound Guru Jeff I've been telling you that if they're going to do the rate change this month in March, their back wall for March has to be Sunday the 21st to do it. The reason why is because...they would need the last week of March to complete the suspended laws...they just need one reading and they're done...we're in great shape...
3-16-2021 Intel Guru Frank26 1 to 1 ... Inside of Iraq you're going to have one dinar. What are you going to have in the the other hand? A dollar? NO! They base it on the exchange rate of the dollar. They don't have any dollars in their country...a dinar is a dinar inside the country of Iraq. The value of that dinar is equivalent of an American dollar. Not bad. You got purchasing power. Outside of Iraq it depends on what you want to convert it into...Let me ask you this. Outside of Iraq I have a 25K note in my hand - What do I have in my other hand and I'm an American citizen? $25,000 dollars... Internationally it's a completely different ball game... [Post 2 of 2]
3-16-2021 Intel Guru Frank26 We have a date. It's a solid date. At the onset it will come out at a rate 1 to 1 IMO. That rate will be domestically and internationally recognized. This is the process of monetary reform - the lava flow that we call the redenomination, the revaluation and now finally the reinstatement...this phase is approaching us in the near proximal future... [Post 1 of 1...stay tuned]
3-16-2021 Intel Guru Footforward For those who have eyes to see and ears to hear, you know what the rate is already. For newer people, my opinion, that is not financial or investment advice, my opinion is the rate will be at least 3.50 and more likely 5.00.
3-16-2021 Intel Guru MarkZ [via PDK] [Should we use a bank or redemption center to exchange?] As I understand it…if you walk into a regular bank you will get whatever the street rate is…you are not going to get the higher contract rates…so imo…i would choose to go to a redemption center. Also not all banks are set up with machines to verify your currency… they would...send it off and take a day or two. …I don’t know about you but I don’t know that I would trust all the tellers that would be handling it without me around…may be missing a few bills…I choose redemption centers where they will verify it right in front of your face.
3-16-2021 Newshound Guru Jeff IMO Vietnam needs more time...easily another year...IMO no other currencies will go with the Iraq dinar...the Iraq dinar is the only currency you're going to see change the rate at this time.
3-16-2021 Intel Guru Footforward [frank [Guru Frank26]...said the rate will be 1$ internationally...] ...as things stand there is something in place that make it actually illegal for them to come out that low. And Frank doesn't know about this. And no one else does either. Frank may also be getting misinformation. I know I have the best source on the rate? I like Frank. This isn't anti Frank.
3-16-2021 Intel Guru MarkZ [via PDK] Hearing the HCL will pass in Iraq on Wednesday or early Thursday…this is profit sharing for the oilfields in Iraq and Kurdistan. When this passes…I am told “BOOM” budget is done and we have a new rate…so I am watching this very closely….
3-16-2021 Newshound Guru Pimpy There's nobody from an official capacity who said, 'Hey, we're going to be swapping lower denominations for higher denominations.' That usually happens when we do what's called a LOP. That's when they knock the 3 zeros off the dinar, not the rate exchange, the dinar. That's devaluing the dinar. In other words on million dinar all of sudden becomes worth a thousand in ours [dollars] because they took 3 zeros off. That's not a good thing...I never seen an official announcement that lower denomination were coming out yet. I do know for a fact that they exist. I got confirmation on that and I was allowed to share that information...It's just a matter of when. That's what everybody has been waiting for.
3-16-2021 Newshound Guru Jeff I've been telling you that if they're going to do the rate change this month in March, their back wall for March has to be Sunday the 21st to do it. The reason why is because...they would need the last week of March to complete the suspended laws...they just need one reading and they're done...we're in great shape...
3-16-2021 Intel Guru Frank26 1 to 1 ... Inside of Iraq you're going to have one dinar. What are you going to have in the the other hand? A dollar? NO! They base it on the exchange rate of the dollar. They don't have any dollars in their country...a dinar is a dinar inside the country of Iraq. The value of that dinar is equivalent of an American dollar. Not bad. You got purchasing power. Outside of Iraq it depends on what you want to convert it into...Let me ask you this. Outside of Iraq I have a 25K note in my hand - What do I have in my other hand and I'm an American citizen? $25,000 dollars... Internationally it's a completely different ball game... [Post 2 of 2]
3-16-2021 Intel Guru Frank26 We have a date. It's a solid date. At the onset it will come out at a rate 1 to 1 IMO. That rate will be domestically and internationally recognized. This is the process of monetary reform - the lava flow that we call the redenomination, the revaluation and now finally the reinstatement...this phase is approaching us in the near proximal future... [Post 1 of 1...stay tuned]
3-16-2021 Intel Guru Footforward For those who have eyes to see and ears to hear, you know what the rate is already. For newer people, my opinion, that is not financial or investment advice, my opinion is the rate will be at least 3.50 and more likely 5.00.
3-15-2021 *** Dinar Guru News Update *** The CBI has maintained less than 2% spread between the dinar's official rate and the market rate for approximately 82 days. This means the dinar is within 5 days of fulfilling the IMF's 2% for 90 day rule. Several gurus feel the dinar cannot RV/Increase, graduate to Article 8 and become international until this milestone is met. If the CBI maintains the market rate at the current rate this rule will be met on March 20th. You can always see the CBI's official rate and market rate listed on the left column of this page. Stay tuned as the gurus let us know if Iraq ascends to Article 8 and international status. The latest guru post continue below...
3-15-2021 Newshound Guru Pimpy There is a lot of talk still about the exchange rate. Will they come out and make some RI/RV announcement? It's possible but not likely. I think if anything we're going to see it go back up to 1190 dinar for now but only for a short period of time. I think we're going to start seeing...a 'dirty float' which is a managed float - just little by little they'll change the increments over time...
3-15-2021 Intel Guru MarkZ [via PDK] A lot of folks are worried about Iraq possible coming out at a 1 to 1 rate…I am told that with our contract rate that it will not affect us or our values…but there is a high probability that they will come out at 1 to 1…don’t let that put you into a panic. For those that think that can hang on to their currency and trade it in at a later date hoping for a higher rate…we will only have about 30 days in which we can exchange our larger notes…don’t wait to long or you could be stuck with wallpaper.
3-15-2021 Newshound Guru Jeff I told you to add 90 days to a Sunday after December 20th when they devalued it [the dinar]. It takes you to Sunday March 21st. As we're approaching March 21st you can clearly see all Iraq's news is right on par - how they're completing the budget, adjusting the exchange rate and everything's right at the cusp of happening exactly at the 21st. I mean it's a no brainer...
3-15-2021 Intel Guru MarkZ [via PDK] ...There was a lot of great articles coming out of Iraq this weekend…They fully expect their new value in the 2021 budget which starts April 1st…which means they got to get busy...solid movement in the HCL agreements with Kurdistan and Iraq…this should pass…I am told…by Wednesday…
3-15-2021 Newshound Guru Jeff What should you do with the one dollar sucker rate? ...most people will have some quick bills they have to pay so a simple recommendation maybe just go exchange...just enough money to keep your head above water...and then once the rate goes up to a higher mark after the 90 days then you can go cash out the bulk of it. But even after 90 days the rate can still go higher than that so I don't recommend rushing this thing. You have to remain patient with it. [Post 2 of 2] [Note: Consult your professional financial advisors at the appropriate time to build the right strategy for you and your family's specific circumstances.]
3-15-2021 Newshound Guru Jeff No one knows what the rates going to be...I feel the true final rate will be around $3.80. that's my opinion. I want to put out a possibility...Iraq devalued their currency to get 3 zero notes out of circulation in Iraq. They could do something similar to that for you and I. They could release a sucker rate of 1 to 1...They did it for 90 days in Iraq with the devaluation - I think they'll do this 1 to 1 sucker rate again for 90 days. You're gonna want to pay attention...after that 90 days that's when they would hike it...around Sunday June 20th. [Post 1 of 2....stay tuned]
3-15-2021 Intel Guru Footforward [Any news about the meeting about dinars value?] I honestly wouldn't pay a lot of attention to those meetings. I don't think they're going to be very telling. Iraq at least publicly has been going around in circles for months now... What I will say for sure is there's tons of misinformation coming out of Iraq on purpose right now. This has been the case for about the last 6 months especially.
3-15-2021 Intel Guru MarkZ [via PDK] A lot of folks are worried about Iraq possible coming out at a 1 to 1 rate…I am told that with our contract rate that it will not affect us or our values…but there is a high probability that they will come out at 1 to 1…don’t let that put you into a panic. For those that think that can hang on to their currency and trade it in at a later date hoping for a higher rate…we will only have about 30 days in which we can exchange our larger notes…don’t wait to long or you could be stuck with wallpaper.
3-15-2021 Newshound Guru Jeff I told you to add 90 days to a Sunday after December 20th when they devalued it [the dinar]. It takes you to Sunday March 21st. As we're approaching March 21st you can clearly see all Iraq's news is right on par - how they're completing the budget, adjusting the exchange rate and everything's right at the cusp of happening exactly at the 21st. I mean it's a no brainer...
3-15-2021 Intel Guru MarkZ [via PDK] ...There was a lot of great articles coming out of Iraq this weekend…They fully expect their new value in the 2021 budget which starts April 1st…which means they got to get busy...solid movement in the HCL agreements with Kurdistan and Iraq…this should pass…I am told…by Wednesday…
3-15-2021 Newshound Guru Jeff What should you do with the one dollar sucker rate? ...most people will have some quick bills they have to pay so a simple recommendation maybe just go exchange...just enough money to keep your head above water...and then once the rate goes up to a higher mark after the 90 days then you can go cash out the bulk of it. But even after 90 days the rate can still go higher than that so I don't recommend rushing this thing. You have to remain patient with it. [Post 2 of 2] [Note: Consult your professional financial advisors at the appropriate time to build the right strategy for you and your family's specific circumstances.]
3-15-2021 Newshound Guru Jeff No one knows what the rates going to be...I feel the true final rate will be around $3.80. that's my opinion. I want to put out a possibility...Iraq devalued their currency to get 3 zero notes out of circulation in Iraq. They could do something similar to that for you and I. They could release a sucker rate of 1 to 1...They did it for 90 days in Iraq with the devaluation - I think they'll do this 1 to 1 sucker rate again for 90 days. You're gonna want to pay attention...after that 90 days that's when they would hike it...around Sunday June 20th. [Post 1 of 2....stay tuned]
3-15-2021 Intel Guru Footforward [Any news about the meeting about dinars value?] I honestly wouldn't pay a lot of attention to those meetings. I don't think they're going to be very telling. Iraq at least publicly has been going around in circles for months now... What I will say for sure is there's tons of misinformation coming out of Iraq on purpose right now. This has been the case for about the last 6 months especially.
3-14-2021 Newshound Guru MilitiaMan ...Very important adviser [Salih] stating that the White Papers need activation or nothing will get done. Talk about being open about it!! They have no choice now. They need the rate to be exposed.. Without saying it directly, he is saying it.. imo...
3-14-2021 Newshound Guru Jeff Article: "Political agreement to pass the oil and gas law" Oil and Gas Law is oil profit sharing for the citizens. It's still outstanding...Why hasn't it been implemented yet? It can't be. It's waiting for the rate change. That's why it's still outstanding...In order to implement it they have to change the rate first. Then they can amend the constitution and then they can implement it when the budget goes active on April 1st. Boom! ...all of this is coming forth now. You guys are in the best position. We're golden. This thing is locked and loaded. You are right on the cusp of it...
3-14-2021 Newshound/Intel Guru Mnt Goat When will they vote on the Oil and Gas Law? They will probably take this up soon too along with the referendum for Article 140. Both of these laws have been ongoing as pieces to the Oil and Gas law have already been voted on and are now effective laws. But the KRG needs to assurances (by legislated law) how this territory in article 140 is to be managed and by whom and will need the funding from the GOI to do it.
3-14-2021 Intel Guru MarkZ [via PDK] I have said this before…the sheer amount of Iraqi dinar held in foreign treasuries around the world is immense …Iraq holds a tremendous amount of Vietnamese dong …Vietnam holds a tremendous amount of Iraqi dinar…they need them to go at the same time. I think Iraq is forcing this issue by pushing for it quickly. And by Iraq pushing it forward it will force them to reset the rest…
3-14-2021 Newshound/Intel Guru Mnt Goat Article: "INTERNATIONAL MONETARY FUND REVEALS LOAN TERMS, CONFIRMS SUPPORT FOR WHITE PAPER AND EXCHANGE RATE CHANGE" I am hearing that Iraq may not be taking this IMF loan after all as oil is rising very quickly. This is a very good sign...
3-14-2021 Newshound Guru Jeff Article: "Parliament announces the completion of the vote on the draft law of Federal Court in Monday's session" The fact that you see them getting this law done now confirms to you that the rate change is here because this law had to be delayed and timed with the rate change. They could only bring it forward when they're ready to change the rate. That's what they're doing right before your eyes...more good news walking you into next weekend for a rate change...
3-14-2021 Newshound/Intel Guru Mnt Goat As oil prices rise Iraq is bouncing back. We see them accumulating yet more funds in the CBI reserves. This is all very good! They will need this to RV. Remember that in 2012 Dr Shabibi has nearly 90 billion in the reserves and kept the provisional rate to 1166. Remember Dr Shabibi planned to revalue the currency in 2012 and then reinstate it in early 2013. So, in today’s day and age and all that is happening in the USA I would not doubt that an RV could happen before they opened the budget...
3-14-2021 Intel Guru MarkZ [via PDK] I am still told we will have a limited amount of time to exchange these notes……about 30 days to exchange those big 3 zero notes…Even if they do a 1 to 1 in-country…I still think at the bare minimum they will reinstate the currency internationally…with inflation I think that could be in the $4 range for dinar...The rates for all currencies…we will not know for sure until we are at our exchange. [NOTE: Dinar Guru will keep you posted if/when the CBI pending retirements of any dinar denominations...stay tuned.]
3-14-2021 Newshound Guru Jeff Article: "Political agreement to pass the oil and gas law" Oil and Gas Law is oil profit sharing for the citizens. It's still outstanding...Why hasn't it been implemented yet? It can't be. It's waiting for the rate change. That's why it's still outstanding...In order to implement it they have to change the rate first. Then they can amend the constitution and then they can implement it when the budget goes active on April 1st. Boom! ...all of this is coming forth now. You guys are in the best position. We're golden. This thing is locked and loaded. You are right on the cusp of it...
3-14-2021 Newshound/Intel Guru Mnt Goat When will they vote on the Oil and Gas Law? They will probably take this up soon too along with the referendum for Article 140. Both of these laws have been ongoing as pieces to the Oil and Gas law have already been voted on and are now effective laws. But the KRG needs to assurances (by legislated law) how this territory in article 140 is to be managed and by whom and will need the funding from the GOI to do it.
3-14-2021 Intel Guru MarkZ [via PDK] I have said this before…the sheer amount of Iraqi dinar held in foreign treasuries around the world is immense …Iraq holds a tremendous amount of Vietnamese dong …Vietnam holds a tremendous amount of Iraqi dinar…they need them to go at the same time. I think Iraq is forcing this issue by pushing for it quickly. And by Iraq pushing it forward it will force them to reset the rest…
3-14-2021 Newshound/Intel Guru Mnt Goat Article: "INTERNATIONAL MONETARY FUND REVEALS LOAN TERMS, CONFIRMS SUPPORT FOR WHITE PAPER AND EXCHANGE RATE CHANGE" I am hearing that Iraq may not be taking this IMF loan after all as oil is rising very quickly. This is a very good sign...
3-14-2021 Newshound Guru Jeff Article: "Parliament announces the completion of the vote on the draft law of Federal Court in Monday's session" The fact that you see them getting this law done now confirms to you that the rate change is here because this law had to be delayed and timed with the rate change. They could only bring it forward when they're ready to change the rate. That's what they're doing right before your eyes...more good news walking you into next weekend for a rate change...
3-14-2021 Newshound/Intel Guru Mnt Goat As oil prices rise Iraq is bouncing back. We see them accumulating yet more funds in the CBI reserves. This is all very good! They will need this to RV. Remember that in 2012 Dr Shabibi has nearly 90 billion in the reserves and kept the provisional rate to 1166. Remember Dr Shabibi planned to revalue the currency in 2012 and then reinstate it in early 2013. So, in today’s day and age and all that is happening in the USA I would not doubt that an RV could happen before they opened the budget...
3-14-2021 Intel Guru MarkZ [via PDK] I am still told we will have a limited amount of time to exchange these notes……about 30 days to exchange those big 3 zero notes…Even if they do a 1 to 1 in-country…I still think at the bare minimum they will reinstate the currency internationally…with inflation I think that could be in the $4 range for dinar...The rates for all currencies…we will not know for sure until we are at our exchange. [NOTE: Dinar Guru will keep you posted if/when the CBI pending retirements of any dinar denominations...stay tuned.]
3-13-2021 Newshound Guru MilitiaMan Article: "Adjusting the exchange rate of 1200 dinars ... Deputy: The decision is exclusively in the hands of two parties - urgent" Quote: “Obligated to return the exchange rate to what is was and what is stated in the 2021 budget..." Well that is the million Dinar Statement of the Decade imo lol... What is that rate at which they speak? If it is the program rate, why hide it? They wouldn't... This article...is a doozy...
3-13-2021 Newshound Guru Jeff December 20th they devalued the currency. That was the launch and implementation of the reforms. That was nothing more than a 90-day tool in preparation for the rate change to withdraw and bring in 3-zero notes from the citizens and within the country of Iraq . So Iraq has already technically started and have implemented the reforms by devaluing their currency...March 21st is a holiday we're looking for. It's the same exact historical Sunday when Kuwait changed the value of their currency in '91...that's our best guess as to when the rate's going to change...
3-13-2021 Newshound Guru Clare Article: "New changes to the exchange rates of the dollar attract the attention of the Iraqi street ... "big" consequences that economists predict" Quote: “Wide anticipation continues in the Iraqi street for any new decision related to changing the exchange rate of the dollar again in Iraq” MUSIC TO OUR EARS! imo.
3-13-2021 Newshound Guru MilitiaMan ...it is safe in my view to presume that the new exchange rate would precede any vote or there would be concerns of significant consequences from the people. That vote is slated for Monday... there is pressure from and on many fronts to adjust the exchange rate and soon...Even the UN is pushing hard...imo I like March in a big way...imo. [post 2 of 2]
3-13-2021 Newshound Guru MilitiaMan Article: "Al-Sadr's Alliance is distancing the Kurdistan Region from delaying the budget and disclosing other differences" Quote: "...the dispute over the Kurdistan Region’s share in the 2021 budget is not the reason for the delay in voting on it by the House of Representatives..." Even Sadr is stating that the reason for the delay is not Kurdistan Region's share of the 2021 Budget, but, that is about technical differences and issues with the Dinar exchange rate to the dollar. Well go figure. They all know what the exchange rate means to the country.They have been very busy today about talking about the private sector and going global. To do so will require a strong exchange rate, at least not one at a program rate... [post 1 of 2....stay tuned]
3-13-2021 Intel Guru Michael Cottrell [Any thoughts on timing?] I think we are very close….i would not be surprised if it happens in the next 2 weeks...
3-13-2021 Newshound Guru Jeff The CBI will never ever tell you when they're going to revalue the currency. Nor will they ever tell you what the value of the currency is going to be. Has the CBI ever given their preferred ideal time frame when they would like to change the value of the currency? The answer is yes...at the beginning of a fiscal period. Second, you can not research Iraq's fiscal year on the internet...I have consulted with Iraq's government...Iraq's budget is April through March of the following year...when you look at historical action it's real easy to piece it together. That means they're pretty much going to change the rate most likely in late March exactly how Kuwait did...
3-13-2021 Newshound/Intel Guru Mnt Goat All the news this week is about passing some much-needed legislation in parliament. Right now there are two laws on the table to vote on. The Federal Court Law and the 2021 Budget. We were originally told earlier this week the budget would be voted on in next Monday’s session but now we are told it will be held up due to the also wanting to take up the Federal Court Law in the same session. The law is still being fine-tuned.
3-13-2021 Newshound Guru Jeff December 20th they devalued the currency. That was the launch and implementation of the reforms. That was nothing more than a 90-day tool in preparation for the rate change to withdraw and bring in 3-zero notes from the citizens and within the country of Iraq . So Iraq has already technically started and have implemented the reforms by devaluing their currency...March 21st is a holiday we're looking for. It's the same exact historical Sunday when Kuwait changed the value of their currency in '91...that's our best guess as to when the rate's going to change...
3-13-2021 Newshound Guru Clare Article: "New changes to the exchange rates of the dollar attract the attention of the Iraqi street ... "big" consequences that economists predict" Quote: “Wide anticipation continues in the Iraqi street for any new decision related to changing the exchange rate of the dollar again in Iraq” MUSIC TO OUR EARS! imo.
3-13-2021 Newshound Guru MilitiaMan ...it is safe in my view to presume that the new exchange rate would precede any vote or there would be concerns of significant consequences from the people. That vote is slated for Monday... there is pressure from and on many fronts to adjust the exchange rate and soon...Even the UN is pushing hard...imo I like March in a big way...imo. [post 2 of 2]
3-13-2021 Newshound Guru MilitiaMan Article: "Al-Sadr's Alliance is distancing the Kurdistan Region from delaying the budget and disclosing other differences" Quote: "...the dispute over the Kurdistan Region’s share in the 2021 budget is not the reason for the delay in voting on it by the House of Representatives..." Even Sadr is stating that the reason for the delay is not Kurdistan Region's share of the 2021 Budget, but, that is about technical differences and issues with the Dinar exchange rate to the dollar. Well go figure. They all know what the exchange rate means to the country.They have been very busy today about talking about the private sector and going global. To do so will require a strong exchange rate, at least not one at a program rate... [post 1 of 2....stay tuned]
3-13-2021 Intel Guru Michael Cottrell [Any thoughts on timing?] I think we are very close….i would not be surprised if it happens in the next 2 weeks...
3-13-2021 Newshound Guru Jeff The CBI will never ever tell you when they're going to revalue the currency. Nor will they ever tell you what the value of the currency is going to be. Has the CBI ever given their preferred ideal time frame when they would like to change the value of the currency? The answer is yes...at the beginning of a fiscal period. Second, you can not research Iraq's fiscal year on the internet...I have consulted with Iraq's government...Iraq's budget is April through March of the following year...when you look at historical action it's real easy to piece it together. That means they're pretty much going to change the rate most likely in late March exactly how Kuwait did...
3-13-2021 Newshound/Intel Guru Mnt Goat All the news this week is about passing some much-needed legislation in parliament. Right now there are two laws on the table to vote on. The Federal Court Law and the 2021 Budget. We were originally told earlier this week the budget would be voted on in next Monday’s session but now we are told it will be held up due to the also wanting to take up the Federal Court Law in the same session. The law is still being fine-tuned.
3-12-2021 Intel Guru Bruce [via WiserNow] what I am getting from several sources and one particular – Banker – specifically – talking about everything going... Did Iraq do anything yesterday? With their rate? NO!! They have said they would put it out or make it known Saturday – this Saturday – don’t know...what the rate will be but that is all good...I’m looking forward to the completion of this...
3-12-2021 Newshound Guru Jeff There are no "tiers". That's a scam. There isn't two different rates. You don't have a contract rate and a market rate. Contract rates don't exist...it's all lies and B.S...
3-12-2021 Intel Guru MarkZ [via PDK] [Is this our weekend? I still think it will be on 3/21/21 what do you think?] based on the chatter probably right before. The news on HCL clearing in Iraq is still prevalent in their press…Keep buckled up…I think we are in the end days of this happening. …If anything happens over this weekend I will come screaming back with breaking news.
3-12-2021 Newshound/Intel Guru Walkingstick [via Frank] Question: [Once it's 1 to 1 inside Iraq does Forex recognize the Iraqi dinar as 1 to 1 with the American dollar?] Yes...phase one at the onset 1 to 1 is not only for domestic's use but it's for the international rate as well...when it enters phase two and conclusion in phase three about maybe 8 months later you're going to see an increase by the CBI internally and externally as it gains momentum in the international markets...
3-12-2021 Intel Guru Frank26 It's carved in titanium. There is a time that they are now gong to give them the new small category notes and new exchange rate. It's within arm's reach...It's that second phase and third phase where you will be on your own. You need financial advice...That first part is going to be easy. The majority of people are going to run to the bank and exchange...but it would behoove you to consider phase two and three...I think 75% to 80% of us will exchange at the beginning and the other 20/30 percent will ride this out to see where it reaches and where it's capped...IMO phase two, based on how much time they give them [to turn in 3 zero notes], will tell you when it's going to reach that apex...
3-12-2021 Intel Guru Footforward ...I have stressed this a number of times that the rate cannot be a dollar in my opinion...Its not likely they allow people to set up bank accounts in Iraqi dinar and just let it sit there and increase in value...And I really very much disagree with this whole idea of a low rate and then increase over time...
3-12-2021 Newshound/Intel Guru Walkingstick [via Frank26] the HCL is being pushed dramatically right now. I mean it's being shoved. It's being pushed...and it's extremely important for us to understand the value of that because the HCL is going to allow the new exchange rate to come out...pushing the HCL is telling you and me as investors that they are very very close...
3-12-2021 Newshound Guru Clare Frank [Guru Frank26]...taught about the 3 phases. In ph1 at 1-1, will we be able to exchange then, or do we need to wait for ph2 higher rate? YOU CAN EXCHANGE IN PHASE #1 IF YOU CHOOSE TO...THE RATE WILL BE INTERNATIONAL AT 1-1. IT WOULD BE YOUR CHOICE TO WAIT FOR A HIGHER RATE IF YOU WANT TO OR NOT. imo. I WOULD LIKE TO POINT OUT...FRANK [Guru Frank26] SAID THE $4.25 WAS THE CAP INTERNATIONALLY IN HIS OPINION... AFTER THE 1-1 AT THE ONSET, THERE WILL BE ANOTHER RATE INCREASE INSIDE OF IRAQ. FRANK SAID THE RATE & TIMEFRAME WAS UNKNOWN OF THAT 2ND INCREASE...imo.
3-12-2021 Newshound Guru Kaperoni ...There is no RV. The only way the dinar will go up in value is with the success of the private sector. Iraq needs to continue to pass laws that are critical to the growth of the economy. Only with significant investment and the development of a private sector will the dinar begin to go up in value. There are no shortcuts...
3-12-2021 Newshound Guru Jeff There are no "tiers". That's a scam. There isn't two different rates. You don't have a contract rate and a market rate. Contract rates don't exist...it's all lies and B.S...
3-12-2021 Intel Guru MarkZ [via PDK] [Is this our weekend? I still think it will be on 3/21/21 what do you think?] based on the chatter probably right before. The news on HCL clearing in Iraq is still prevalent in their press…Keep buckled up…I think we are in the end days of this happening. …If anything happens over this weekend I will come screaming back with breaking news.
3-12-2021 Newshound/Intel Guru Walkingstick [via Frank] Question: [Once it's 1 to 1 inside Iraq does Forex recognize the Iraqi dinar as 1 to 1 with the American dollar?] Yes...phase one at the onset 1 to 1 is not only for domestic's use but it's for the international rate as well...when it enters phase two and conclusion in phase three about maybe 8 months later you're going to see an increase by the CBI internally and externally as it gains momentum in the international markets...
3-12-2021 Intel Guru Frank26 It's carved in titanium. There is a time that they are now gong to give them the new small category notes and new exchange rate. It's within arm's reach...It's that second phase and third phase where you will be on your own. You need financial advice...That first part is going to be easy. The majority of people are going to run to the bank and exchange...but it would behoove you to consider phase two and three...I think 75% to 80% of us will exchange at the beginning and the other 20/30 percent will ride this out to see where it reaches and where it's capped...IMO phase two, based on how much time they give them [to turn in 3 zero notes], will tell you when it's going to reach that apex...
3-12-2021 Intel Guru Footforward ...I have stressed this a number of times that the rate cannot be a dollar in my opinion...Its not likely they allow people to set up bank accounts in Iraqi dinar and just let it sit there and increase in value...And I really very much disagree with this whole idea of a low rate and then increase over time...
3-12-2021 Newshound/Intel Guru Walkingstick [via Frank26] the HCL is being pushed dramatically right now. I mean it's being shoved. It's being pushed...and it's extremely important for us to understand the value of that because the HCL is going to allow the new exchange rate to come out...pushing the HCL is telling you and me as investors that they are very very close...
3-12-2021 Newshound Guru Clare Frank [Guru Frank26]...taught about the 3 phases. In ph1 at 1-1, will we be able to exchange then, or do we need to wait for ph2 higher rate? YOU CAN EXCHANGE IN PHASE #1 IF YOU CHOOSE TO...THE RATE WILL BE INTERNATIONAL AT 1-1. IT WOULD BE YOUR CHOICE TO WAIT FOR A HIGHER RATE IF YOU WANT TO OR NOT. imo. I WOULD LIKE TO POINT OUT...FRANK [Guru Frank26] SAID THE $4.25 WAS THE CAP INTERNATIONALLY IN HIS OPINION... AFTER THE 1-1 AT THE ONSET, THERE WILL BE ANOTHER RATE INCREASE INSIDE OF IRAQ. FRANK SAID THE RATE & TIMEFRAME WAS UNKNOWN OF THAT 2ND INCREASE...imo.
3-12-2021 Newshound Guru Kaperoni ...There is no RV. The only way the dinar will go up in value is with the success of the private sector. Iraq needs to continue to pass laws that are critical to the growth of the economy. Only with significant investment and the development of a private sector will the dinar begin to go up in value. There are no shortcuts...
3-11-2021 Intel Guru Frank26 The moment the Iraqi dinar inside of Iraq goes up in value because they have lifted the 3 zeros off their exchange rate...the Real Effective Exchange Rate will be applied to the Iraqi dinar externally...they are about to give the citizens of Iraq the new small category notes at a 1 to 1 rate for their currency...not only domestically but internationally ...I think in about 8 month approximately give or take you will see not a 1 to 1 rate anymore...it walks toward the REER [Real Effective Exchange Rate]...
3-11-2021 Newshound/Intel Guru Mnt Goat Article: "AL-HALBOUSI: PRESENT THE BUDGET TO A VOTE SOON, AND WE WILL PROCEED WITH THE LEGISLATION OF THE OIL AND GAS LAW" I have always said that Iraq will need to fully implement their new constitution of 2005 no matter what this means prior to the reinstatement of their currency. There is not much more to do. We know they need a referendum for the Article 140 part to settle how these disputed pieces will be managed and who will manage them. There is also the infamous oil and gas law. Both of these are now in their final stages and we should finally see them. There is also the court reforms that are expected...
3-11-2021 Newshound Guru Pimpy Article: "Member of Parliament on the exchange rate of the dollar: It will continue until this date" What? Is there a date for the rate? Quote: "...calls for a reduction or restoration of the exchange rate to its previous state." ...what does this mean? ...some people think it means restoring it to its previous rate of $3.22 for every dinar...It isn't very clear here...IMO a jump that big at this moment would be a bad move...It would cause the collapse of the dinar jumping to the $3.22 rate. Not quite yet. Let's let them get things going and then let's see what happens. Restoring it back to the 1190 level I can see that...yes you guys can make all kinds of arguments both ways about what the rate should be. I understand that... does that mean it will never change? No...it could change by next month that's the thing, we have to watch what they do...When Kuwait went to change their dinars they told people it wouldn't happen for years then it happened two days later...
3-11-2021 Intel Guru MarkZ [via PDK] Well, if you are following any news from Iraq you should be excited…they are ramming HCL (Hydro Carbon Law) through so they can change their value…. I have talked to a couple contacts on the ground inside Iraq and HCL is being pushed and they are trying very hard to have a new value within the next 2 weeks. Even all my redemption center people are on call now…on standby for now and for the weekend…they need to be able to report to the centers within a couple of hours. …things are getting exciting…
3-11-2021 Newshound Guru Jeff "The House of Representatives completes voting on the Federal Court Bill" They've had attempts to pass this Federal court Law for a very long time over many many years...It's part of the basket of suspended laws...it's also linked and timed with the rate change. It can only happen in close proximity to the rate change. Last week they finished 6 out of 10 parts...yesterday they finished the last 4 sections. At this time the Federal Court Bill has been completely passed and approved...that's huge progress...Iraq is now graduating back to the international world...
3-11-2021 Intel Guru Frank26 Question: [The Bank of International Settlements - the central bank of all central banks and it is a requirement by the BIS that they be notified within a certain amount of time (and that fluctuates) as to when a country is going to change their currency rate...Has the BIS been notified of the imminent rate change of Iraq?] In my opinion yes.
3-11-2021 Intel Guru Bruce [via WiserNow] You know...by now that Iraq could have done their thing many times over...but they – and...Central Bank of Iraq – is the governing body that controls the rate of the Dinar...However – even though Iraq is considered a sovereign nation now – they are still subject to the Treasury of the United States to more or less give them the go ahead as to when to release the new rate...today we find that Iraq has a I think the term “deadline’...There’s a theoretical deadline let’s call it for Iraq to do this on Sunday the 14th...I have heard of a window that was given to me today that took us from tonight to all the way to Saturday – and this is from a really good source...So – we have a lot to look forward to this week – I believe we are in really good shape for this to go now...we do know that the rates are going to be fantastic – I think even a little better than we thought...
3-11-2021 Newshound/Intel Guru Mnt Goat Article: "AL-HALBOUSI: PRESENT THE BUDGET TO A VOTE SOON, AND WE WILL PROCEED WITH THE LEGISLATION OF THE OIL AND GAS LAW" I have always said that Iraq will need to fully implement their new constitution of 2005 no matter what this means prior to the reinstatement of their currency. There is not much more to do. We know they need a referendum for the Article 140 part to settle how these disputed pieces will be managed and who will manage them. There is also the infamous oil and gas law. Both of these are now in their final stages and we should finally see them. There is also the court reforms that are expected...
3-11-2021 Newshound Guru Pimpy Article: "Member of Parliament on the exchange rate of the dollar: It will continue until this date" What? Is there a date for the rate? Quote: "...calls for a reduction or restoration of the exchange rate to its previous state." ...what does this mean? ...some people think it means restoring it to its previous rate of $3.22 for every dinar...It isn't very clear here...IMO a jump that big at this moment would be a bad move...It would cause the collapse of the dinar jumping to the $3.22 rate. Not quite yet. Let's let them get things going and then let's see what happens. Restoring it back to the 1190 level I can see that...yes you guys can make all kinds of arguments both ways about what the rate should be. I understand that... does that mean it will never change? No...it could change by next month that's the thing, we have to watch what they do...When Kuwait went to change their dinars they told people it wouldn't happen for years then it happened two days later...
3-11-2021 Intel Guru MarkZ [via PDK] Well, if you are following any news from Iraq you should be excited…they are ramming HCL (Hydro Carbon Law) through so they can change their value…. I have talked to a couple contacts on the ground inside Iraq and HCL is being pushed and they are trying very hard to have a new value within the next 2 weeks. Even all my redemption center people are on call now…on standby for now and for the weekend…they need to be able to report to the centers within a couple of hours. …things are getting exciting…
3-11-2021 Newshound Guru Jeff "The House of Representatives completes voting on the Federal Court Bill" They've had attempts to pass this Federal court Law for a very long time over many many years...It's part of the basket of suspended laws...it's also linked and timed with the rate change. It can only happen in close proximity to the rate change. Last week they finished 6 out of 10 parts...yesterday they finished the last 4 sections. At this time the Federal Court Bill has been completely passed and approved...that's huge progress...Iraq is now graduating back to the international world...
3-11-2021 Intel Guru Frank26 Question: [The Bank of International Settlements - the central bank of all central banks and it is a requirement by the BIS that they be notified within a certain amount of time (and that fluctuates) as to when a country is going to change their currency rate...Has the BIS been notified of the imminent rate change of Iraq?] In my opinion yes.
3-11-2021 Intel Guru Bruce [via WiserNow] You know...by now that Iraq could have done their thing many times over...but they – and...Central Bank of Iraq – is the governing body that controls the rate of the Dinar...However – even though Iraq is considered a sovereign nation now – they are still subject to the Treasury of the United States to more or less give them the go ahead as to when to release the new rate...today we find that Iraq has a I think the term “deadline’...There’s a theoretical deadline let’s call it for Iraq to do this on Sunday the 14th...I have heard of a window that was given to me today that took us from tonight to all the way to Saturday – and this is from a really good source...So – we have a lot to look forward to this week – I believe we are in really good shape for this to go now...we do know that the rates are going to be fantastic – I think even a little better than we thought...
3-10-2021 Newshound/Intel Guru Mnt Goat ...remember that the 2021 budget is not yet passed thus not yet opened. We could still have an opportunity to see the revaluation and reinstatement. I know it is March already and far from early January but what matters the most is that they have not yet opened the new budget and spent it. Once they do this we are in trouble if they have not yet moved on the PROJECT TO DELETE THE ZEROS and the revaluation part of the process...
3-10-2021 Newshound Guru Walkingstick [via Frank26] The HCL is being pushed dramatically right now. I mean it's being shoved. It's being pushed though and it's extremely important for us to understand the value of that because the HCL is going to allow the new exchange rate to come out...pushing the HCL is telling you and me as investors that they are very very close...
3-10-2021 Intel Guru Footforward [I was under the impression that there would be two rates one domestic in Iraq and a different rate international?] there will not be two different rates. That's been misinformation for a long time. You can't have two different rates. It doesn't work like that. Where people get confused is...that they will exchange dinar for US dollars on a one-to-one basis in country. That's not a rate that's just a note exchange. And in country they can do whatever sort of exchange they want. That should not be mistaken for a rate.
3-10-2021 Intel Guru MarkZ [via PDK] The news out of Iraq guys…wow, they are really pushing for it…they are going to drag this thing through kicking and screaming… The rest of the world cannot afford not to go when they go…hell or high water - Iraq is changing the value of their currency and forces the rest of the world to catch up...do things look fantastic…do they look like they are pushing forward? Yes… The biggest news right now is what is coming out of Iraq.
3-10-2021 Intel Guru Frank26 The meetings that we told you about between the FAB 4 before they raise the value...are really picking up the pace. It's really moving fast...in the last meeting Saturday they talked about the small category notes. They also talked about the Real Effective Exchange Rate...regarding the meeting about the new small category notes - that one is done. Regarding the meeting about the new exchange rate - that one is done...
3-10-2021 Newshound Guru Pimpy You don't need humanitarian projects, you don't need to go to redemption centers, you don't need to take your dinar and turn it in to anybody. So when they say they have these...they want you to give them your dinars because they're getting 'contract rates' that's really skittish. Be careful...don't get focused on just an announcement. There are other things we can be watching out for that would allow the Iraqi dinar to increase in value...Strong economy. Increase in Federal Reserves. Increase in gold holding. Decrease in money supply... [post 2 of 2]
3-10-2021 Newshound Guru Pimpy Many people are asking me, 'Hey Pimpy When do you think the RI/RV is going to happen? Will it be announced? What do you think the rate is going to be?' We don't do rates and we don't do dates. There's a reason for it. Because no body knows. Everything is speculation... there could be an announcement of an RV or an RI at anytime. No one knows. I don't care if you're talking about backroom screens, redemption centers on standby, waiting for magic codes, all that crap. I don't care what they say, it's all bull shit. [Post 1 of 2....stay tuned]
3-10-2021 Newshound Guru Jeff Article: "Al-Kazemi: We have succeeded in crossing the economic crisis and an international readiness to support Iraq in reform" Remember these reforms can only be launched and implemented after Iraq has changed their rate. That's why since last year they're still talking about reforms...anything that costs money within the reforms can only be launched and implemented after the rate change...That's why the bulk of the reform is still pending and outstanding because it's waiting on the rate change. That level of reforms requires Iraq's currency to be internationally recognized...
3-10-2021 Intel Guru Footforward [I believe you said in the past it has to come out min at 3.50$ right?] that is my opinion yes.
3-10-2021 Newshound/Intel Guru Petra It's just mind boggling to think of every step, every person, every integration, electronic integration, everything that had to be done to bring us to this point has just been absolutely amazing...the infrastructure they've built is absolutely phenomenal...the great thing is this is going to take them to a whole new level which they can build their country to be a recognized entity in the international markets...
3-10-2021 Newshound/Intel Guru Mnt Goat Article: "REPRESENTATIVE ECONOMIC: THE CONDITIONS ARE READY TO ADJUST THE EXCHANGE RATE AND THE OIL BARREL IN THE BUDGET" Quote: "...Al-Faily said, "THE CONDITIONS ARE IN PLACE TO RESTORE OR REDUCE THE EXCHANGE RATE OF THE DOLLAR AGAINST THE IRAQI DINAR IN THE DRAFT BUDGET" this article...is powerful. They are telling us that now that the “economic conditions are ready” they are ready to adjust the exchange rate. No more excuses. But they need the new rate in the budget. I know for a fact they will never put the rate in the budget until it is all completed. So Al-Faily knows what he knows but not what the CBI will ever do for security reasons.
3-10-2021 Newshound Guru MilitiaMan A process had to be brought fourth...a currency reform is complex...It's not an easy task to do what they're doing. They have to set up things. They've got decisions that need to be made. They have to set the stage for the economy to be able to do this. And they have to have components of psychology involved because the people can't adjust... ultimately they had to get everything in order...kicking the can? ...or were they really just stalling for the system to be in place? ...eventually they've got to finish it...I think the 2021 budget, the Kurds, Hydro Carbon Law - they're all waiting for the same thing - the time to get that phone call saying show up. It's show time!
3-10-2021 Newshound Guru Walkingstick [via Frank26] The HCL is being pushed dramatically right now. I mean it's being shoved. It's being pushed though and it's extremely important for us to understand the value of that because the HCL is going to allow the new exchange rate to come out...pushing the HCL is telling you and me as investors that they are very very close...
3-10-2021 Intel Guru Footforward [I was under the impression that there would be two rates one domestic in Iraq and a different rate international?] there will not be two different rates. That's been misinformation for a long time. You can't have two different rates. It doesn't work like that. Where people get confused is...that they will exchange dinar for US dollars on a one-to-one basis in country. That's not a rate that's just a note exchange. And in country they can do whatever sort of exchange they want. That should not be mistaken for a rate.
3-10-2021 Intel Guru MarkZ [via PDK] The news out of Iraq guys…wow, they are really pushing for it…they are going to drag this thing through kicking and screaming… The rest of the world cannot afford not to go when they go…hell or high water - Iraq is changing the value of their currency and forces the rest of the world to catch up...do things look fantastic…do they look like they are pushing forward? Yes… The biggest news right now is what is coming out of Iraq.
3-10-2021 Intel Guru Frank26 The meetings that we told you about between the FAB 4 before they raise the value...are really picking up the pace. It's really moving fast...in the last meeting Saturday they talked about the small category notes. They also talked about the Real Effective Exchange Rate...regarding the meeting about the new small category notes - that one is done. Regarding the meeting about the new exchange rate - that one is done...
3-10-2021 Newshound Guru Pimpy You don't need humanitarian projects, you don't need to go to redemption centers, you don't need to take your dinar and turn it in to anybody. So when they say they have these...they want you to give them your dinars because they're getting 'contract rates' that's really skittish. Be careful...don't get focused on just an announcement. There are other things we can be watching out for that would allow the Iraqi dinar to increase in value...Strong economy. Increase in Federal Reserves. Increase in gold holding. Decrease in money supply... [post 2 of 2]
3-10-2021 Newshound Guru Pimpy Many people are asking me, 'Hey Pimpy When do you think the RI/RV is going to happen? Will it be announced? What do you think the rate is going to be?' We don't do rates and we don't do dates. There's a reason for it. Because no body knows. Everything is speculation... there could be an announcement of an RV or an RI at anytime. No one knows. I don't care if you're talking about backroom screens, redemption centers on standby, waiting for magic codes, all that crap. I don't care what they say, it's all bull shit. [Post 1 of 2....stay tuned]
3-10-2021 Newshound Guru Jeff Article: "Al-Kazemi: We have succeeded in crossing the economic crisis and an international readiness to support Iraq in reform" Remember these reforms can only be launched and implemented after Iraq has changed their rate. That's why since last year they're still talking about reforms...anything that costs money within the reforms can only be launched and implemented after the rate change...That's why the bulk of the reform is still pending and outstanding because it's waiting on the rate change. That level of reforms requires Iraq's currency to be internationally recognized...
3-10-2021 Intel Guru Footforward [I believe you said in the past it has to come out min at 3.50$ right?] that is my opinion yes.
3-10-2021 Newshound/Intel Guru Petra It's just mind boggling to think of every step, every person, every integration, electronic integration, everything that had to be done to bring us to this point has just been absolutely amazing...the infrastructure they've built is absolutely phenomenal...the great thing is this is going to take them to a whole new level which they can build their country to be a recognized entity in the international markets...
3-10-2021 Newshound/Intel Guru Mnt Goat Article: "REPRESENTATIVE ECONOMIC: THE CONDITIONS ARE READY TO ADJUST THE EXCHANGE RATE AND THE OIL BARREL IN THE BUDGET" Quote: "...Al-Faily said, "THE CONDITIONS ARE IN PLACE TO RESTORE OR REDUCE THE EXCHANGE RATE OF THE DOLLAR AGAINST THE IRAQI DINAR IN THE DRAFT BUDGET" this article...is powerful. They are telling us that now that the “economic conditions are ready” they are ready to adjust the exchange rate. No more excuses. But they need the new rate in the budget. I know for a fact they will never put the rate in the budget until it is all completed. So Al-Faily knows what he knows but not what the CBI will ever do for security reasons.
3-10-2021 Newshound Guru MilitiaMan A process had to be brought fourth...a currency reform is complex...It's not an easy task to do what they're doing. They have to set up things. They've got decisions that need to be made. They have to set the stage for the economy to be able to do this. And they have to have components of psychology involved because the people can't adjust... ultimately they had to get everything in order...kicking the can? ...or were they really just stalling for the system to be in place? ...eventually they've got to finish it...I think the 2021 budget, the Kurds, Hydro Carbon Law - they're all waiting for the same thing - the time to get that phone call saying show up. It's show time!
3-9-2021 Newshound Guru Pimpy Article: "Al-Halbousi directs to include the budget bill next Monday" I think we are at a place right now where this negotiation is going to get finalized between Erbil and Baghdad and you're going to see shortly after that the budget go ahead and passed. Something about the presence of the pope changed people's views on things and they decided to start cooperating which is very good...
3-9-2021 Newshound/Intel Guru Mnt Goat ...March is going to be a very significant month for everyone everywhere. This week I took the time to call my contact person in the CBI. I am told the IMF just completed a week-long high-level meeting with to finalize the project to delete the zeros and just how they plan to roll it out...Why would they do this now? Also, in this meeting they talked rates for the in-country revaluation and then the later reinstatement. The rates are rising as oil is rising to over $70+ a barrel. I was reminded by my contact that they will soon be no longer dependent on the currency auctions. This was fantastic news as I know what this means. They have not yet used the Buna system but are fully functional and tied into it...
3-9-2021 Intel Guru MarkZ [via PDK] We are in a good spot right now…sit tight…we are awfully close to the end of this...the folks on the ground in Iraq are also expecting it [a major announcement about their currency] within the next few weeks. In Iraq they very much expect a new value before April 1st. Even Mr. C [Guru Mike Cottrell] thinks we could go at any moment…i would not be surprised to get a call at any moment.
3-9-2021 Newshound/Intel Guru Petra Because there is a huge amount of infrastructure that was necessary to bring this whole thing together and now looking in hindsight...we see the requirements what were necessary for the premise 'It can not fail with the citizens.'...there was no true "kicking the can". It was the development of the infrastructure that was necessary so it would be successful...a lot of work had to be done...to make it work. And to make it clear no more shenanigans can go on inside Iraq banks and markets. It's going to be a clear transparent system by which currencies and businesses can transact in the world we call Iraq.
3-9-2021 Newshound/Intel Guru Walkingstick [via Frank26] Number one...They have a time frame that is solid...the onset of 1 to 1 is for the citizens domestically because a dinar is a dinar but it's also for the International world... Number two represents an adjustment in the exchange rate of 1 to 1 when the CBI reaches a certain assigned benchmark of collecting the 3-zero notes. They need to collect a particular number...of notes and a particular value...before the second increase in the exchange rate... Number three is the conclusion of #1 and #2...the time frame is unknown. We don't know how long it will take them to collect the 3-zero notes...Number 4 Internationally IMO I see this thing capping at $4.25...IMO about 8 months for it to reach that cap. You gotta know when to hold'em and when to fold'em... [Post 2 of 2]
3-9-2021 Newshound/Intel Guru Walkingstick [via Frank26] One of the many meetings going on is with the IMF at an executive level with the banks of Iraq on the subject of the new exchange rate and the new small category notes...they were presented multiple exchange rates...when they tell the citizens the new rate and they show them the new notes - it's the onset. 1. At the onset they will release their currency at the 1 to 1 rate (In the very near proximal future). 2. The CBI has been given a benchmark to collect a certain amount of the 3 zero notes...the time frame is not carved in stone... 3. These meetings are to conclude the re-denomination of the new small category notes. [post 1 of 2....stay tuned]
3-9-2021 Newshound/Intel Guru Mnt Goat Article: "AL-KAABI CALLS FOR A SERIOUS AND URGENT STOP TO RETURN TO THE PREVIOUS DOLLAR EXCHANGE RATE" Just so much news about the exchange rate. Yes, lots of pressure from all directions to finally go back to a normalized rate and off the sole de facto peg of the US dollar. It is time. It will happen. I can not give you a time as I do not know, but I do know they are discussing it and making plans for it in 2021 not 2022.
3-9-2021 Intel Guru Frank26 ...The international world has been set up to enter Iraq. We can see the articles. The international world would not dare enter Iraq if they have not been in Article 8, if all the UN sanctions had not been removed, if they didn't have protection for their currency...they are article 8 and that's why counties are coming into Iraq. Because they lifted the value of their currency, whether it be on the secondary books electronically or whatever. It's been done...the international world is ready to come into Iraq. That screams a new rate...IMO 1-2-3 this is it!
3-9-2021 Intel Guru MarkZ [via PDK] [Does the market need to crash before we see the RV?] ...not necessarily…a crash of course would force the issue…but we have been seeing corrections in our markets already. Bond markets are approaching 2% and I was told when they hit 3% then there would be an implosion and a reset. So do we have to see one…no…but will we see a crash because they keep dragging their feet…there is a good chance...The market crash should happen after we exchange…
3-9-2021 Newshound/Intel Guru Mnt Goat ...March is going to be a very significant month for everyone everywhere. This week I took the time to call my contact person in the CBI. I am told the IMF just completed a week-long high-level meeting with to finalize the project to delete the zeros and just how they plan to roll it out...Why would they do this now? Also, in this meeting they talked rates for the in-country revaluation and then the later reinstatement. The rates are rising as oil is rising to over $70+ a barrel. I was reminded by my contact that they will soon be no longer dependent on the currency auctions. This was fantastic news as I know what this means. They have not yet used the Buna system but are fully functional and tied into it...
3-9-2021 Intel Guru MarkZ [via PDK] We are in a good spot right now…sit tight…we are awfully close to the end of this...the folks on the ground in Iraq are also expecting it [a major announcement about their currency] within the next few weeks. In Iraq they very much expect a new value before April 1st. Even Mr. C [Guru Mike Cottrell] thinks we could go at any moment…i would not be surprised to get a call at any moment.
3-9-2021 Newshound/Intel Guru Petra Because there is a huge amount of infrastructure that was necessary to bring this whole thing together and now looking in hindsight...we see the requirements what were necessary for the premise 'It can not fail with the citizens.'...there was no true "kicking the can". It was the development of the infrastructure that was necessary so it would be successful...a lot of work had to be done...to make it work. And to make it clear no more shenanigans can go on inside Iraq banks and markets. It's going to be a clear transparent system by which currencies and businesses can transact in the world we call Iraq.
3-9-2021 Newshound/Intel Guru Walkingstick [via Frank26] Number one...They have a time frame that is solid...the onset of 1 to 1 is for the citizens domestically because a dinar is a dinar but it's also for the International world... Number two represents an adjustment in the exchange rate of 1 to 1 when the CBI reaches a certain assigned benchmark of collecting the 3-zero notes. They need to collect a particular number...of notes and a particular value...before the second increase in the exchange rate... Number three is the conclusion of #1 and #2...the time frame is unknown. We don't know how long it will take them to collect the 3-zero notes...Number 4 Internationally IMO I see this thing capping at $4.25...IMO about 8 months for it to reach that cap. You gotta know when to hold'em and when to fold'em... [Post 2 of 2]
3-9-2021 Newshound/Intel Guru Walkingstick [via Frank26] One of the many meetings going on is with the IMF at an executive level with the banks of Iraq on the subject of the new exchange rate and the new small category notes...they were presented multiple exchange rates...when they tell the citizens the new rate and they show them the new notes - it's the onset. 1. At the onset they will release their currency at the 1 to 1 rate (In the very near proximal future). 2. The CBI has been given a benchmark to collect a certain amount of the 3 zero notes...the time frame is not carved in stone... 3. These meetings are to conclude the re-denomination of the new small category notes. [post 1 of 2....stay tuned]
3-9-2021 Newshound/Intel Guru Mnt Goat Article: "AL-KAABI CALLS FOR A SERIOUS AND URGENT STOP TO RETURN TO THE PREVIOUS DOLLAR EXCHANGE RATE" Just so much news about the exchange rate. Yes, lots of pressure from all directions to finally go back to a normalized rate and off the sole de facto peg of the US dollar. It is time. It will happen. I can not give you a time as I do not know, but I do know they are discussing it and making plans for it in 2021 not 2022.
3-9-2021 Intel Guru Frank26 ...The international world has been set up to enter Iraq. We can see the articles. The international world would not dare enter Iraq if they have not been in Article 8, if all the UN sanctions had not been removed, if they didn't have protection for their currency...they are article 8 and that's why counties are coming into Iraq. Because they lifted the value of their currency, whether it be on the secondary books electronically or whatever. It's been done...the international world is ready to come into Iraq. That screams a new rate...IMO 1-2-3 this is it!
3-9-2021 Intel Guru MarkZ [via PDK] [Does the market need to crash before we see the RV?] ...not necessarily…a crash of course would force the issue…but we have been seeing corrections in our markets already. Bond markets are approaching 2% and I was told when they hit 3% then there would be an implosion and a reset. So do we have to see one…no…but will we see a crash because they keep dragging their feet…there is a good chance...The market crash should happen after we exchange…
3-8-2021 Newshound Guru Jeff I knew in my gut they would have to have some type of celebration event before they do go international...you may not have realized it but the pope being in Iraq was actually that big celebration event. It was the grand finale before Iraq does revalue the currency... Article: "The Pope's visit to Iraq restored the country to its international status" ...this is huge. This is powerful.
3-8-2021 Newshound Guru Pimpy Article: "Kissinger: Biden must uphold Trump Administration's "Brilliant" Policy in the Middle East" ...What? I couldn't believe it! Trump tried to bring peace to the Middle East. Kissinger supporting this makes me kind of nervous...whenever these people support anything you got to get weary about it. I'm a huge supporter of Trump but I pray to God that I don't find out that this guy was secretly somehow some way the boogeyman...whenever Kissinger agrees with you that's kind of a scary thing...
3-8-2021 Intel Guru MarkZ [via PDK] [What makes people think the dong rate will be between .47 and $2.27?] Most people get that based on a reinstatement of currency. If they reinstate their currency it would be about $2.21 or so…just re-establishing the value to where it was before they devalued it. The .47 cents showed on a lot of bank screens all over the world a few years ago when it seemed that we were very close before….
3-8-2021 Newshound Guru Jeff They're not going to approve the budget...until Saturday March 20th. This is becoming so predictable. They're gonna do the budget 24 hours before they change the rate. It's that simple...
3-8-2021 Intel Guru MarkZ [via PDK] A lot of chatter in Iraq over the weekend as they have met all of their obligations and are ready to adjust their value...it feels like Groundhog Day but last week in Iraq they did pass some key pieces of legislation with their white papers and the budget…we are right on the cusp of this happening…it is just painful because nobody knows the exact timing…
3-8-2021 Newshound Guru Jeff Article: "Representative economic: The conditions are ready to adjust the exchange rate and the oil barrel in the budget" This is a great article...Iraq hasn't revealed the true price of oil to you nor have they shown you the true dinar amount contained in that budget...They're hiding those numbers and figures from you so you cannot see that this budget is linked to the rate change...we're in a great position. This ride's over in about two Sundays IMO...
3-8-2021 Intel Guru Footforward [Wouldn’t it be great to get the RV when crypto goes back into the bear market. Imagine buying that dip.] It is the plan.
3-8-2021 Newshound Guru Pimpy Article: "Kissinger: Biden must uphold Trump Administration's "Brilliant" Policy in the Middle East" ...What? I couldn't believe it! Trump tried to bring peace to the Middle East. Kissinger supporting this makes me kind of nervous...whenever these people support anything you got to get weary about it. I'm a huge supporter of Trump but I pray to God that I don't find out that this guy was secretly somehow some way the boogeyman...whenever Kissinger agrees with you that's kind of a scary thing...
3-8-2021 Intel Guru MarkZ [via PDK] [What makes people think the dong rate will be between .47 and $2.27?] Most people get that based on a reinstatement of currency. If they reinstate their currency it would be about $2.21 or so…just re-establishing the value to where it was before they devalued it. The .47 cents showed on a lot of bank screens all over the world a few years ago when it seemed that we were very close before….
3-8-2021 Newshound Guru Jeff They're not going to approve the budget...until Saturday March 20th. This is becoming so predictable. They're gonna do the budget 24 hours before they change the rate. It's that simple...
3-8-2021 Intel Guru MarkZ [via PDK] A lot of chatter in Iraq over the weekend as they have met all of their obligations and are ready to adjust their value...it feels like Groundhog Day but last week in Iraq they did pass some key pieces of legislation with their white papers and the budget…we are right on the cusp of this happening…it is just painful because nobody knows the exact timing…
3-8-2021 Newshound Guru Jeff Article: "Representative economic: The conditions are ready to adjust the exchange rate and the oil barrel in the budget" This is a great article...Iraq hasn't revealed the true price of oil to you nor have they shown you the true dinar amount contained in that budget...They're hiding those numbers and figures from you so you cannot see that this budget is linked to the rate change...we're in a great position. This ride's over in about two Sundays IMO...
3-8-2021 Intel Guru Footforward [Wouldn’t it be great to get the RV when crypto goes back into the bear market. Imagine buying that dip.] It is the plan.
3-7-2021 Intel Guru MarkZ [via PDK] Trump, Warren buffet, our own US Treasury has trillions in Iraqi currency …if it was a scam why would these prominent people and institutions hold this if it was a scam? The sky is not falling. This has always been a “when” not an “if” …Wish we knew the “when” but it’s close.
3-7-2021 Newshound Guru Adam Montana Things are still cruising along nicely. In addition to everything else I could share, I decided to just pick one topic... OIL. The HCL, or "Hydro Carbon Law", is a key element in Iraq's eventual ReValuation of their currency exchange rate. In simple terms... when they finalize the agreement on how the profits will be shared, via the HCL, we are either past the RV date or it's a different kind of "soon", like immediately or tomorrow. OIL was at $61.53 when I did my last update. I stated then that we only really need OIL to be in the $40+ range for the logistics of the RV to work, so $61.53 was very encouraging. Do you know where OIL is right now? $66.26... BOOM!!!...GO RRRVVV!!!
3-7-2021 Newshound Guru Jeff Article: "The British Ambassador: Iraq will witness a great openness to the world". Why is he saying this? He knows that Iraq is on the cusp of going international again. That's why the pope arrived on Friday...He's telling you Iraq is preparing to open up to the world again. This type of information did not start coming forward until the [2/20 Saleh] article by the #2 man of the Central Bank. Saleh told you Iraq was on the brink of economic recovery...
3-7-2021 Intel Guru Mike Cottrell [via PDK] [Is there anything we are still waiting for or do you think it could be “any moment”.] I think it could be any moment…I think sometime this month they have to kick it off. We are very close.
3-7-2021 Newshound Guru Jeff Article: "Mazhar Saleh: Iraq is on the brink of economic recovery" [2-20-2021] ...this is the new pattern of articles...putting an emphasis on changing Iraq's exchange rate. This new pattern...started roughly in the last two weeks...after this article...Saleh is the number 2 guy at the Central Bank...when he or the CBI talks that's when you listen...since he brought this to you...that's when you have seen all the new articles talking about adjusting Iraq's exchange rate going forward. It all started after this article almost exactly 30 days before March 21st. Patterns are very important. You want to pay attention...
3-7-2021 Newshound/Intel Guru Mnt. Goat Article: "THE LAST PAGES OF SUBJUGATING THE STATE OF IRAQ...SUBJUGATING THE IRAQI DINAR" Quote: "...PREPARATION FOR THE NEXT STAGE, WHICH IS THE NEW GLOBAL ECONOMIC SYSTEM." So here it is said so let there be no doubt the purpose of what the CBI has done to temporarily devalue the dinar to 1450. Getting these notes out of circulation is needed in “preparation for the next state, which is the new global economic system”. In other words global IQD currency, the reinstatement. Do you need anymore proof?
3-7-2021 Newshound Guru Pimpy People are asking me about the rate... Nobody knows...It's all speculation. I know people like to equivocal what happened over there in Kuwait with Iraq...There's huge differences...One is the length of time in-between when Kuwait devalued their currency to when it was revalued...Also the amount of Iraqi dinar...out in circulation is way bigger than what was going on over there in Kuwait. Having said that, that doesn't mean it's not going to happen. I'm just saying, people go around saying this is the same exact thing. I was one of those people. There were a lot of similarities between them but then when you start taking other factors into consideration that all play a part in what the dinar rate is going to be...
3-7-2021 Newshound Guru Adam Montana Things are still cruising along nicely. In addition to everything else I could share, I decided to just pick one topic... OIL. The HCL, or "Hydro Carbon Law", is a key element in Iraq's eventual ReValuation of their currency exchange rate. In simple terms... when they finalize the agreement on how the profits will be shared, via the HCL, we are either past the RV date or it's a different kind of "soon", like immediately or tomorrow. OIL was at $61.53 when I did my last update. I stated then that we only really need OIL to be in the $40+ range for the logistics of the RV to work, so $61.53 was very encouraging. Do you know where OIL is right now? $66.26... BOOM!!!...GO RRRVVV!!!
3-7-2021 Newshound Guru Jeff Article: "The British Ambassador: Iraq will witness a great openness to the world". Why is he saying this? He knows that Iraq is on the cusp of going international again. That's why the pope arrived on Friday...He's telling you Iraq is preparing to open up to the world again. This type of information did not start coming forward until the [2/20 Saleh] article by the #2 man of the Central Bank. Saleh told you Iraq was on the brink of economic recovery...
3-7-2021 Intel Guru Mike Cottrell [via PDK] [Is there anything we are still waiting for or do you think it could be “any moment”.] I think it could be any moment…I think sometime this month they have to kick it off. We are very close.
3-7-2021 Newshound Guru Jeff Article: "Mazhar Saleh: Iraq is on the brink of economic recovery" [2-20-2021] ...this is the new pattern of articles...putting an emphasis on changing Iraq's exchange rate. This new pattern...started roughly in the last two weeks...after this article...Saleh is the number 2 guy at the Central Bank...when he or the CBI talks that's when you listen...since he brought this to you...that's when you have seen all the new articles talking about adjusting Iraq's exchange rate going forward. It all started after this article almost exactly 30 days before March 21st. Patterns are very important. You want to pay attention...
3-7-2021 Newshound/Intel Guru Mnt. Goat Article: "THE LAST PAGES OF SUBJUGATING THE STATE OF IRAQ...SUBJUGATING THE IRAQI DINAR" Quote: "...PREPARATION FOR THE NEXT STAGE, WHICH IS THE NEW GLOBAL ECONOMIC SYSTEM." So here it is said so let there be no doubt the purpose of what the CBI has done to temporarily devalue the dinar to 1450. Getting these notes out of circulation is needed in “preparation for the next state, which is the new global economic system”. In other words global IQD currency, the reinstatement. Do you need anymore proof?
3-7-2021 Newshound Guru Pimpy People are asking me about the rate... Nobody knows...It's all speculation. I know people like to equivocal what happened over there in Kuwait with Iraq...There's huge differences...One is the length of time in-between when Kuwait devalued their currency to when it was revalued...Also the amount of Iraqi dinar...out in circulation is way bigger than what was going on over there in Kuwait. Having said that, that doesn't mean it's not going to happen. I'm just saying, people go around saying this is the same exact thing. I was one of those people. There were a lot of similarities between them but then when you start taking other factors into consideration that all play a part in what the dinar rate is going to be...
3-6-2021 Intel Guru Frank26 They are going to reveal the Real Effective Exchange Rate (REER) and they're going to show them the face value of the new small category notes. This is what we've been calling the second article from the CBI for a very long time.
3-6-2021 Intel Guru MarkZ [via PDK] [What about taxes on currencies?] …almost all of the folks I know that have been involved in this for a long time with the gold treaty …and my contacts that are very involved with the new banking system have repeatedly told me that there is not supposed to be a tax on this... [NOTE: Consult your tax professionals at the appropriate time.]
3-6-2021 Intel Guru Footforward The timing of the Asian basket completely is dependent on Vietnam. As is whether or not the middle East and the Asian basket going together. If Vietnam comes to an agreement that other parties can get on board with then we will see the two baskets go together.
3-6-2021 Intel Guru Mike Cottrell [via PDK] The old protocols had the baskets…now it will basically all go at once when I put the codes in…we have to have all the currencies on “gold backed parity” across the world. Those countries that are not ready will be put to the side to qualify later.
3-6-2021 Newshound Guru Pimpy Here's a biggie. Article: "Oil prices jump 5% ... Brent is above $67" ...spring isn't even here yet, we're already at $67...when it comes to the currency obviously if you budget for $45 a barrel and your entire budget's based on that assumption and it's much higher you get much more higher revenue which allows for the deficit to get paid off quicker, allows for a lot more money to be used to build up the private sectors. These all benefit the Iraqi dinar as the economy begins to grow. So yeah that's exciting news...
3-6-2021 Intel Guru Frank26 We are blessed that our teams, [Guru] Walkingstick, has a relationship with a firm in Iraq...that has a very good working relationship with the GOI and the CBI...the owners of that firm...two own banks. One of them owns 4 banks in Jordan and the other one owns two banks in Iraq. When the CBI wants to make a move with the monetary reform who you gonna tell? Bank owners in Iraq. Once the CBI has a meeting with these people and they tell them what the next step is, that's public knowledge. Eventually you see it in Articles. But most of the time we share it with you before you see it in articles...we've been proven correct at a very high rate...
3-6-2021 Intel Guru MarkZ [via PDK] There is a lot of talk about separate baskets again…I hear everything will go at once except a few countries that are not ready will be allowed to float…
3-6-2021 Intel Guru MarkZ [via PDK] [What about taxes on currencies?] …almost all of the folks I know that have been involved in this for a long time with the gold treaty …and my contacts that are very involved with the new banking system have repeatedly told me that there is not supposed to be a tax on this... [NOTE: Consult your tax professionals at the appropriate time.]
3-6-2021 Intel Guru Footforward The timing of the Asian basket completely is dependent on Vietnam. As is whether or not the middle East and the Asian basket going together. If Vietnam comes to an agreement that other parties can get on board with then we will see the two baskets go together.
3-6-2021 Intel Guru Mike Cottrell [via PDK] The old protocols had the baskets…now it will basically all go at once when I put the codes in…we have to have all the currencies on “gold backed parity” across the world. Those countries that are not ready will be put to the side to qualify later.
3-6-2021 Newshound Guru Pimpy Here's a biggie. Article: "Oil prices jump 5% ... Brent is above $67" ...spring isn't even here yet, we're already at $67...when it comes to the currency obviously if you budget for $45 a barrel and your entire budget's based on that assumption and it's much higher you get much more higher revenue which allows for the deficit to get paid off quicker, allows for a lot more money to be used to build up the private sectors. These all benefit the Iraqi dinar as the economy begins to grow. So yeah that's exciting news...
3-6-2021 Intel Guru Frank26 We are blessed that our teams, [Guru] Walkingstick, has a relationship with a firm in Iraq...that has a very good working relationship with the GOI and the CBI...the owners of that firm...two own banks. One of them owns 4 banks in Jordan and the other one owns two banks in Iraq. When the CBI wants to make a move with the monetary reform who you gonna tell? Bank owners in Iraq. Once the CBI has a meeting with these people and they tell them what the next step is, that's public knowledge. Eventually you see it in Articles. But most of the time we share it with you before you see it in articles...we've been proven correct at a very high rate...
3-6-2021 Intel Guru MarkZ [via PDK] There is a lot of talk about separate baskets again…I hear everything will go at once except a few countries that are not ready will be allowed to float…
3-5-2021 Newshound Guru Jeff ...the rate's gonna do nothing but keep going [up]...it's up to you if you want to rush to exchange it. I'm not. I will not be rushing to exchange my currency. I'm gonna take my sweet time. There's no reason to rush this. It's a once-in-a-lifetime opportunity...
3-5-2021 Intel Guru Bruce [via WiserNow] I am convinced it will NEVER happen – UNTIL –until the US says go ahead and put it out...our contact in Fallujah...said that he would let us know Saturday or Sunday morning what happened with the rate...could they change it on Saturday in time to make the change for business on Sunday? ...it doesn’t mean it’s going to happen then – it’s our next window if you will – for a change of the Iraqi Dinar...we are still on a very close day by day... so let’s just stay patient...and we look forward for this blessing to come through... [post 2 of 2]
3-5-2021 Intel Guru Bruce [via WiserNow] ...I told you Tuesday that the faucets were starting to be turned off as far as intel – at least from some of the bank sources we have – they have all but gone away...they all have disappeared...people are on zip lip/lock jaw...or a Gag Order – NDA’s – you know – it’s getting tight...this is kinda of a good thing –It’s a good indicator because in one sense even though we are not getting any information it looks like we are very very close...what we thought would happen on... Tuesday night...was that Iraq was supposed to come out with their new rate - whether it was in the budget – whether it was actually brought out – and put up on screens – so that we would see it – that did not happen... [post 1 of 2....stay tuned]
3-5-2021 Intel Guru Frank26 Article: "The International Monetary reveals the conditions or granting loans and confirms its support for the white paper and changing the exchange rate" Do you see the power in what I'm showing you? I hope you do...the white papers I've told you a billion and a one times contains the new exchange rate...
3-5-2021 Intel Guru MarkZ [via PDK] On the banking side they have been asked to stay in place this weekend …there is a tremendous amount of chatter...that they could see things happen in the next 2 days. And yes…they will work on weekends...Probably the most important news is out of Iraq…it should give you the warm fuzzies...talks about how they have approved their white papers, the budget and the change in exchange rate…Now that they have passed those things - when will they pull the trigger- we don’t know.
3-5-2021 Newshound Guru Jeff One thing that my long timers will remember...every time we get close to a potential time period where the rate was where we thought the rate might change we've always see articles talking about a large basket of suspended laws - the Federal Court Law, Article 140, HCL and so forth. These basket of suspended laws are simply waiting on the rate change. They just keep kicking this basket down the road because these laws are all waiting on the rate change. When you see these laws come up tell yourself you're close to the rate change. They actually approved a portion of one of the laws today [Federal Court Law]. It was huge...this law has been waiting a long time...
3-5-2021 Intel Guru Frank26 ...If it [the dong] was to go up in value it would go up dramatically. It would start at a very small level. Probably about .05 to .07 cents. I know there are people on the internet saying the Vietnamese dong has a chance to go up .47 cents. Nah, that's too big of a jump...the dong has potential. There's no doubt but it's not numero uno. I don't see the IMF talking about the Vietnamese dong. Everybody knows the dong has great potential. That's very good to know...
3-5-2021 Newshound/Intel Guru Mnt Goat The status of the RV has not changed since...Tuesday... We are still waiting for the budget to be passed and the political issues of the US to be addressed. Yes, we still have a chance to see an RV within Iraq but if they open and begin to spend the budget we are less and less likely to see the RV anytime soon at that point... But it is moving along and we will see the landslide. The landslide has begun only the momentum has not yet picked up as we would like to see.
3-5-2021 Intel Guru MarkZ [via PDK] [Do you know what the taxes were on Kuwaits currency exchange in the 1990’s?] I was told by someone who was involved with it…it was just a currency exchange and currency exchanges were not taxed…so there was no taxes at that time.
3-5-2021 Newshound Guru Pimpy I still think in 2021 we will see some rate changes in the positive direction for us. As far as an announcement on an RI or RV whatever you want to choose, is it possible? Yes of course it is. There are a lot of factors out there that help the economy rebound - Oil prices going up. The deficit reducing. The economy recovering. Reconstruction ...take the good, the bad and the ugly. Stay grounded...watching the Iraqi government recover. Their economy recover and then watch them slowly but surely strengthen the dinar against the US dollar...
3-5-2021 Intel Guru Bruce [via WiserNow] I am convinced it will NEVER happen – UNTIL –until the US says go ahead and put it out...our contact in Fallujah...said that he would let us know Saturday or Sunday morning what happened with the rate...could they change it on Saturday in time to make the change for business on Sunday? ...it doesn’t mean it’s going to happen then – it’s our next window if you will – for a change of the Iraqi Dinar...we are still on a very close day by day... so let’s just stay patient...and we look forward for this blessing to come through... [post 2 of 2]
3-5-2021 Intel Guru Bruce [via WiserNow] ...I told you Tuesday that the faucets were starting to be turned off as far as intel – at least from some of the bank sources we have – they have all but gone away...they all have disappeared...people are on zip lip/lock jaw...or a Gag Order – NDA’s – you know – it’s getting tight...this is kinda of a good thing –It’s a good indicator because in one sense even though we are not getting any information it looks like we are very very close...what we thought would happen on... Tuesday night...was that Iraq was supposed to come out with their new rate - whether it was in the budget – whether it was actually brought out – and put up on screens – so that we would see it – that did not happen... [post 1 of 2....stay tuned]
3-5-2021 Intel Guru Frank26 Article: "The International Monetary reveals the conditions or granting loans and confirms its support for the white paper and changing the exchange rate" Do you see the power in what I'm showing you? I hope you do...the white papers I've told you a billion and a one times contains the new exchange rate...
3-5-2021 Intel Guru MarkZ [via PDK] On the banking side they have been asked to stay in place this weekend …there is a tremendous amount of chatter...that they could see things happen in the next 2 days. And yes…they will work on weekends...Probably the most important news is out of Iraq…it should give you the warm fuzzies...talks about how they have approved their white papers, the budget and the change in exchange rate…Now that they have passed those things - when will they pull the trigger- we don’t know.
3-5-2021 Newshound Guru Jeff One thing that my long timers will remember...every time we get close to a potential time period where the rate was where we thought the rate might change we've always see articles talking about a large basket of suspended laws - the Federal Court Law, Article 140, HCL and so forth. These basket of suspended laws are simply waiting on the rate change. They just keep kicking this basket down the road because these laws are all waiting on the rate change. When you see these laws come up tell yourself you're close to the rate change. They actually approved a portion of one of the laws today [Federal Court Law]. It was huge...this law has been waiting a long time...
3-5-2021 Intel Guru Frank26 ...If it [the dong] was to go up in value it would go up dramatically. It would start at a very small level. Probably about .05 to .07 cents. I know there are people on the internet saying the Vietnamese dong has a chance to go up .47 cents. Nah, that's too big of a jump...the dong has potential. There's no doubt but it's not numero uno. I don't see the IMF talking about the Vietnamese dong. Everybody knows the dong has great potential. That's very good to know...
3-5-2021 Newshound/Intel Guru Mnt Goat The status of the RV has not changed since...Tuesday... We are still waiting for the budget to be passed and the political issues of the US to be addressed. Yes, we still have a chance to see an RV within Iraq but if they open and begin to spend the budget we are less and less likely to see the RV anytime soon at that point... But it is moving along and we will see the landslide. The landslide has begun only the momentum has not yet picked up as we would like to see.
3-5-2021 Intel Guru MarkZ [via PDK] [Do you know what the taxes were on Kuwaits currency exchange in the 1990’s?] I was told by someone who was involved with it…it was just a currency exchange and currency exchanges were not taxed…so there was no taxes at that time.
3-5-2021 Newshound Guru Pimpy I still think in 2021 we will see some rate changes in the positive direction for us. As far as an announcement on an RI or RV whatever you want to choose, is it possible? Yes of course it is. There are a lot of factors out there that help the economy rebound - Oil prices going up. The deficit reducing. The economy recovering. Reconstruction ...take the good, the bad and the ugly. Stay grounded...watching the Iraqi government recover. Their economy recover and then watch them slowly but surely strengthen the dinar against the US dollar...
3-4-2021 Intel Guru RayRen98 Iraqi news implies that the budget will be voted on next week...Several US banks are sharing the same "expected" future rates (basically)...Iraqi Dinar $3.71 (with $28.50 as the "contract" rate)... Vietnamese Dong .47¢ - $6.00...They're "saying" they expect to see something happen on or by Friday evening. Time Will Tell.
3-4-2021 Intel Guru Footforward [...Is there reason to not exchange all your currency? If we hold some back will we be able to exchange later?] Some people feel it will go higher over time. I think they give us 30-45 days to exchange our notes. I'm not waiting. With stock markets and crypto markets down, there is alot more money to be made then your would make for just waiting for a higher rate. Sometimes you need to leave a little bit on the table to take the better deal. [NOTE: Be sure to consult your professional financial advisors at the appropriate time.]
3-4-2021 Intel Guru MarkZ [via PDK] In Iraq they are trying to get finished ...this week. I just havn't seen as much news as I had hoped. [With all the rocket attacks in Iraq…how can they possibly revalue?] Iraq’s fundamentals and mechanics are good for their currency…imo they are going to keep having unrest like this until they have a new value for their currency. They are unhappy with one side fighting each other they should have abundance and they don’t…they have scarcity. Imo you will not have peace there until there is a new value there. They have enough stability to pull that trigger…they have enough backing for their currency...
3-4-2021 Newshound Guru Jeff Isn't the news just amazing right now. We are just in the best time frame and position we've ever been in. I'm at such peace with this and very encouraged. Article: "Apostolic Journey of His Holiness Pope Francis To Iraq" ...this is very encouraging. This confirms to us that Iraq is going international...
3-4-2021 Newshound Guru Pimpy Article: "For the third day in a row..The Central Bank of Iraq sales recorded decrease in the currency auction" I told you this year they will phase this out. It looks like they're already aggressively doing it. The auctions will cease forever this year.
3-4-2021 Intel Guru Frank26 It was rather brilliant to lower the value...and now they're telling them 'we're going to now increase the value.' You see reducing it was for a reason. And increasing it is also for a reason. In the near proximal future they are going to tell them why they are about to have an increase in their currency...
3-4-2021 Intel Guru MarkZ [via PDK] [Will exchanges happen on Sundays too?] I am told yes…if it occurs late in the week or on a weekend. They want us in and out the door quickly. [Are you still feeling it will be in March from all your contacts?] Yes I am still feeling it will be in March.
3-4-2021 Newshound Guru Jeff Government of Iraq Tweet "Setting a new exchange rate for the Iraqi dinar against the US dollar is part of the economic reform program adopted by the @IraqiGovt, which films to address the immediate financial crisis and placing the Iraqi economy on a sustainable path." ...They devalued the currency on December 20th. 90 days would take us to Sunday March 21st...they started talking about increasing the exchange rate of the dinar against the dollar about a week ago Monday...wow!...
3-4-2021 Intel Guru Bruce [via WiserNow] ...what’s happening and what we’re seeing today is that some of the intel faucets are being turned off to where sometimes there is only a drip coming out of the faucet... the good news portion of that is that when things get tight – when people become tight lipped or zip lipped – and not allowed to share – under a NDA or a GAG order - they have just literally been told not to communicate – that’s a very good sign that things are close...That is probably the best indicator that we are right there – almost ready to start...
3-4-2021 Intel Guru Footforward [...Is there reason to not exchange all your currency? If we hold some back will we be able to exchange later?] Some people feel it will go higher over time. I think they give us 30-45 days to exchange our notes. I'm not waiting. With stock markets and crypto markets down, there is alot more money to be made then your would make for just waiting for a higher rate. Sometimes you need to leave a little bit on the table to take the better deal. [NOTE: Be sure to consult your professional financial advisors at the appropriate time.]
3-4-2021 Intel Guru MarkZ [via PDK] In Iraq they are trying to get finished ...this week. I just havn't seen as much news as I had hoped. [With all the rocket attacks in Iraq…how can they possibly revalue?] Iraq’s fundamentals and mechanics are good for their currency…imo they are going to keep having unrest like this until they have a new value for their currency. They are unhappy with one side fighting each other they should have abundance and they don’t…they have scarcity. Imo you will not have peace there until there is a new value there. They have enough stability to pull that trigger…they have enough backing for their currency...
3-4-2021 Newshound Guru Jeff Isn't the news just amazing right now. We are just in the best time frame and position we've ever been in. I'm at such peace with this and very encouraged. Article: "Apostolic Journey of His Holiness Pope Francis To Iraq" ...this is very encouraging. This confirms to us that Iraq is going international...
3-4-2021 Newshound Guru Pimpy Article: "For the third day in a row..The Central Bank of Iraq sales recorded decrease in the currency auction" I told you this year they will phase this out. It looks like they're already aggressively doing it. The auctions will cease forever this year.
3-4-2021 Intel Guru Frank26 It was rather brilliant to lower the value...and now they're telling them 'we're going to now increase the value.' You see reducing it was for a reason. And increasing it is also for a reason. In the near proximal future they are going to tell them why they are about to have an increase in their currency...
3-4-2021 Intel Guru MarkZ [via PDK] [Will exchanges happen on Sundays too?] I am told yes…if it occurs late in the week or on a weekend. They want us in and out the door quickly. [Are you still feeling it will be in March from all your contacts?] Yes I am still feeling it will be in March.
3-4-2021 Newshound Guru Jeff Government of Iraq Tweet "Setting a new exchange rate for the Iraqi dinar against the US dollar is part of the economic reform program adopted by the @IraqiGovt, which films to address the immediate financial crisis and placing the Iraqi economy on a sustainable path." ...They devalued the currency on December 20th. 90 days would take us to Sunday March 21st...they started talking about increasing the exchange rate of the dinar against the dollar about a week ago Monday...wow!...
3-4-2021 Intel Guru Bruce [via WiserNow] ...what’s happening and what we’re seeing today is that some of the intel faucets are being turned off to where sometimes there is only a drip coming out of the faucet... the good news portion of that is that when things get tight – when people become tight lipped or zip lipped – and not allowed to share – under a NDA or a GAG order - they have just literally been told not to communicate – that’s a very good sign that things are close...That is probably the best indicator that we are right there – almost ready to start...
3-3-2021 Intel Guru MarkZ [via PDK] [2 sites are claiming there are 3 baskets…middle east, Aisia and west…what are your thoughts?] There used to be multiple baskets…We have been told they moved this to a “one and go” event…they are all moved together into one. I ran this up every flagpole I know and they all agree…all baskets will be going at the same time. There may be a few countries held out because they are not ready and they will have to “float” to catch up…that is what I have been told.
3-3-2021 Newshound/Intel Guru Mnt. Goat Article: "THE LAST PAGES OF SUBJUGATING THE STATE OF IRAQ ...SUBJUGATING THE IRAQI DINAR" Quote: "TO WITHDRAW CASH FROM THE PEOPLE, WHICH EXCEEDS THE FINANCIAL POTENTIAL OF THE STATE, AS IT IS KNOWN THAT THE MONETARY PROPERTIES IN CIRCULATION..." They are telling us...the need to shrink the money supply...then why are they doing this? ...This is being done for what comes next, the global currency. If you shrink the money supply then each dinar is worth more, get it?
3-3-2021 Intel Guru Footforward [It feels very close to me. But after 10 years I’m cautious...does it feel close to you?] I've been saying for some time I feel this is the time and season. So much is coming together now.
3-3-2021 Intel Guru Frank26 ...the closing of the auctions was amazing - powerful for our investment...the closing of the federal reserves was the same thing...
3-3-2021 Newshound Guru Jeff Friday...I said Iraq most likely will not complete the budget until Saturday March 20th...24 hours before they change their rate...that way they can hide the budget figures from you. Article: "New statement from the Minister of Finance regarding income tax, exchange rate and salaries of 2021" Quote: "Allawi issued a new statement regarding changing the exchange rate of the dollar in the '21 budget...we do not know the final form of the general budget amended by Parliament". They just told you they're hiding the figures from you and they have not publicly shown you the real true budget...Mark my words. They're most likely going to approve the 20 ['21?] budget on Saturday March 20th...
3-3-2021 Intel Guru RayRen98 Several banks have reported seeing rates on their screens and our Treasury contacts are now confirming such sightings. Some banks reported fluctuating rates throughout last week and then stabilizing for the past two days. The bank staffers and Treasury are convinced that we are at an "ANY MINUTE NOW" type of status, but TIME WILL TELL!!!
3-3-2021 Intel Guru MarkZ [via PDK] Yes it is true…we started seeing rates again in the banks…one day last week we saw them for about 18 hours…showed at $15...something…may be a place holder…and now more banks are starting to see currencies are showing with rates…currencies that weren’t even listed before…and included in this of course is the dinar. Rates are fluctuating a good bit since the first time we saw them a week or so ago…it was in the $15 dollar range now it is fluctuating…I have been told the rates bounced around between $9 and $18…Are these rates place holders? I don’t know…but are we close? I certainly think so. Stay grounded…it could happen 2 minutes from now or 3 weeks…nobody knows. Iraq parliament continues to meet…pushing to close out their budget and a new rate is expected to be in there of course...
3-3-2021 Newshound/Intel Gurus Walkingstick and Frank26 [Frank speaking for the CBI to the Citizens of Iraq] ...citizens of Iraq you still have dinar in mattress don't you. That's ok...the 1000, the 500, whatever you have - they're still going to coexist but only for a certain time frame Iraqi citizens...GOI you go ahead and use the 50k and the 100k for business. 3. The CBI will also discuss in these articles to the citizens what was agreed upon with the new exchange rate and the REER (the Real Effective Exchange Rate)... 4. These meetings are still ongoing. They will continue even after the value of the Iraq dinar goes up and pegs to the American dollar. These meetings will continue to make sure that everything is according to what they all agreed upon. Praise God. [post 2 of 2]
3-3-2021 Newshound/Intel Gurus Walkingstick and Frank26 ...IOO this week or at the start of next week you're going to start seeing more articles from the CBI. 1. The first articles that will be coming...is an affirmation of the meetings that the CBI has been having with what we call the Fab Four. These meeting are still ongoing. 2. Once you see these article of an affirmation about these meetings and their agreements of what they are going to do with their monetary reform, a few days later after that you've going to see more articles from the CBI with information on the face value of the new small category notes... [post 1 of 2...stay tuned]
3-3-2021 Intel Guru MarkZ [via PDK] [...heard the Dong is NOT going in the same basket as the Dinar...it will go with the Asian basket...] I hope you are right but don’t believe you are…. Iraq holds a crazy amount of Vietnamese dong in its foreign currency reserves and Vietnam holds a crazy amount of dinar in theirs…it would create a global economic imbalance if they do not go at the same time.
3-3-2021 Newshound Guru Jeff At this point in time what are we looking for? Iraq has one step left...for them to literally complete the '21 budget before they change the rate. Are there any unique signs or patterns pertaining to the approval process of the '21 budget? Yes there is. It strongly appears as though Iraq is intentionally delaying and dragging out the budget so that they can hide its figures from us...IMO Iraq might change their rate on Sunday March 21st. One of the patterns we're looking for to help confirm that time period is we're looking for them to delay the '21 budget clear until possible Saturday March 20th...we need to watch that step and see how it plays out...
3-3-2021 Newshound/Intel Guru Mnt Goat ... Todays news is all about the budget and the refusal of the Kurdistan region to accept solutions presented to them. What do they want? They want a budget the recognizes and supports the people in the regions of article 140. They also want the oil and gas law... they have had enough of promises and want ACTION...they are also VERY upset over the devaluation of the dinar that took place in December. This move nearly destroyed their economy in Kurdistan...They want the full 17% plus the extra % under article 140. Under the law would guarantee them this but where is the law?
3-3-2021 Newshound/Intel Guru Mnt. Goat Article: "THE LAST PAGES OF SUBJUGATING THE STATE OF IRAQ ...SUBJUGATING THE IRAQI DINAR" Quote: "TO WITHDRAW CASH FROM THE PEOPLE, WHICH EXCEEDS THE FINANCIAL POTENTIAL OF THE STATE, AS IT IS KNOWN THAT THE MONETARY PROPERTIES IN CIRCULATION..." They are telling us...the need to shrink the money supply...then why are they doing this? ...This is being done for what comes next, the global currency. If you shrink the money supply then each dinar is worth more, get it?
3-3-2021 Intel Guru Footforward [It feels very close to me. But after 10 years I’m cautious...does it feel close to you?] I've been saying for some time I feel this is the time and season. So much is coming together now.
3-3-2021 Intel Guru Frank26 ...the closing of the auctions was amazing - powerful for our investment...the closing of the federal reserves was the same thing...
3-3-2021 Newshound Guru Jeff Friday...I said Iraq most likely will not complete the budget until Saturday March 20th...24 hours before they change their rate...that way they can hide the budget figures from you. Article: "New statement from the Minister of Finance regarding income tax, exchange rate and salaries of 2021" Quote: "Allawi issued a new statement regarding changing the exchange rate of the dollar in the '21 budget...we do not know the final form of the general budget amended by Parliament". They just told you they're hiding the figures from you and they have not publicly shown you the real true budget...Mark my words. They're most likely going to approve the 20 ['21?] budget on Saturday March 20th...
3-3-2021 Intel Guru RayRen98 Several banks have reported seeing rates on their screens and our Treasury contacts are now confirming such sightings. Some banks reported fluctuating rates throughout last week and then stabilizing for the past two days. The bank staffers and Treasury are convinced that we are at an "ANY MINUTE NOW" type of status, but TIME WILL TELL!!!
3-3-2021 Intel Guru MarkZ [via PDK] Yes it is true…we started seeing rates again in the banks…one day last week we saw them for about 18 hours…showed at $15...something…may be a place holder…and now more banks are starting to see currencies are showing with rates…currencies that weren’t even listed before…and included in this of course is the dinar. Rates are fluctuating a good bit since the first time we saw them a week or so ago…it was in the $15 dollar range now it is fluctuating…I have been told the rates bounced around between $9 and $18…Are these rates place holders? I don’t know…but are we close? I certainly think so. Stay grounded…it could happen 2 minutes from now or 3 weeks…nobody knows. Iraq parliament continues to meet…pushing to close out their budget and a new rate is expected to be in there of course...
3-3-2021 Newshound/Intel Gurus Walkingstick and Frank26 [Frank speaking for the CBI to the Citizens of Iraq] ...citizens of Iraq you still have dinar in mattress don't you. That's ok...the 1000, the 500, whatever you have - they're still going to coexist but only for a certain time frame Iraqi citizens...GOI you go ahead and use the 50k and the 100k for business. 3. The CBI will also discuss in these articles to the citizens what was agreed upon with the new exchange rate and the REER (the Real Effective Exchange Rate)... 4. These meetings are still ongoing. They will continue even after the value of the Iraq dinar goes up and pegs to the American dollar. These meetings will continue to make sure that everything is according to what they all agreed upon. Praise God. [post 2 of 2]
3-3-2021 Newshound/Intel Gurus Walkingstick and Frank26 ...IOO this week or at the start of next week you're going to start seeing more articles from the CBI. 1. The first articles that will be coming...is an affirmation of the meetings that the CBI has been having with what we call the Fab Four. These meeting are still ongoing. 2. Once you see these article of an affirmation about these meetings and their agreements of what they are going to do with their monetary reform, a few days later after that you've going to see more articles from the CBI with information on the face value of the new small category notes... [post 1 of 2...stay tuned]
3-3-2021 Intel Guru MarkZ [via PDK] [...heard the Dong is NOT going in the same basket as the Dinar...it will go with the Asian basket...] I hope you are right but don’t believe you are…. Iraq holds a crazy amount of Vietnamese dong in its foreign currency reserves and Vietnam holds a crazy amount of dinar in theirs…it would create a global economic imbalance if they do not go at the same time.
3-3-2021 Newshound Guru Jeff At this point in time what are we looking for? Iraq has one step left...for them to literally complete the '21 budget before they change the rate. Are there any unique signs or patterns pertaining to the approval process of the '21 budget? Yes there is. It strongly appears as though Iraq is intentionally delaying and dragging out the budget so that they can hide its figures from us...IMO Iraq might change their rate on Sunday March 21st. One of the patterns we're looking for to help confirm that time period is we're looking for them to delay the '21 budget clear until possible Saturday March 20th...we need to watch that step and see how it plays out...
3-3-2021 Newshound/Intel Guru Mnt Goat ... Todays news is all about the budget and the refusal of the Kurdistan region to accept solutions presented to them. What do they want? They want a budget the recognizes and supports the people in the regions of article 140. They also want the oil and gas law... they have had enough of promises and want ACTION...they are also VERY upset over the devaluation of the dinar that took place in December. This move nearly destroyed their economy in Kurdistan...They want the full 17% plus the extra % under article 140. Under the law would guarantee them this but where is the law?
3-2-2021 Intel Guru Frank26 ...The Vietnamese dong is no longer under the thumb of China. China would tell Vietnam you can't do this. You can't export that. Gotta do this, that. Now Vietnam is exploding. Their GDP, economy is exploding. There's not much China can do about it and the reason why is China is going digitally with their currency and so is Vietnam. China is about to let go of Vietnam and let Vietnam do what it wants. I think Vietnam wants to enter an Asian basket. A lot of people are saying the Vietnamese dong is going to be in a basket with the Iraqi dinar. No! The Iraqi dinar is going to be in a basket with Middle Eastern currency. The Vietnamese currency will be in a basket with Asian currency...
3-2-2021 Intel Guru Footforward [...How many baskets do you think there will be?...If I understand correctly, there will be one strong hub currency in each basket...] From what I've been told there are three baskets currently in play. Every basket has what's called an anchor currency. The one that's going to have the biggest move and basically helps to create what's needed for the other evaluations to happen. The dong is one, it anchors the Asian basket. Even more so now. The Iraqi dinar...anchors the middle East basket. The third basket I can't talk about yet. I may never be able to talk about it publicly...There could be more in time but at the moment there are plans in place for three.
3-2-2021 Intel Guru MarkZ [via PDK] [Kuwait’s RV was on a March 21st…] They do like March for revaluations…taking advantage of the international accounting calendar. Iraq continues to meet in parliament and again, they say they will continue to meet daily until the budget is complete and they have a new value….
3-2-2021 Newshound Guru Pimpy This [Recently discussed tweet from the Iraqi Government] is old. These were the words of the Finance Minister before the rate change happened {When they devalued in December}. There's no date on this tweet...I'm pretty sure this is something that was said sometime in December or at least it was said in an article before the rate change happened when they first were talking about the White Paper reforms. I don't want you to get down. It's not bad news. This is just 'look at everybody jumping on this like they're going to change the rate again' ...slow down sparky. I got you. I remember these words specifically. These were said before they devalued the currency...
3-2-2021 Newshound Guru Jeff They've pretty much almost stopped the currency auctions. Not quite to 100% but there's down to probably about 95% reduction in country. That's tremendous. Remember I told you about the time they devalued the currency clear back on December 20th - this is one of those patterns we were looking for...they have done so. That's just more confirmation they're in the progress of changing that exchange rate.
3-2-2021 Newshound/Intel Guru Petra ...if they were going to have a budget at 1450 or even 1190 they'd have done it. That's what's key to understand. They are waiting for the rate because they know that's what they need to make all the changes.
3-2-2021 Intel Guru Frank26 The Iraqi dinar is pegged to the American Dollar. You may say no it's not. Trust me it is electronically. It's already 1 to 1. I know that's a bold statement to make...the Iraqi dinar is about to play fair with the American dollar. It's pegged to it. It has no choice.
3-2-2021 Newshound Guru Jeff Question: "Is the gain from this exchange rate considered taxable income?" I know a lot of people think this isn't going to be taxable. It's going to be a taxable event guys. We live in the greediest country in the world - the United States. I promise you this will not go untaxed. Plan on paying your taxes and getting on with your life. Keep it legal. Keep it real. [Note: Always consult a tax professional at the appropriate time.]
3-2-2021 Newshound/Intel Guru Mnt Goat Article: "AL-KHALIDI IS SURPRISED THAT THE CABINET HAS FORMED A COMMITTEE TO STUDY THE CONSEQUENCES OF CHANGING THE CURRENCY EXCHANGE RATE" So, is this proposal to change the exchange rate just to change it back to 1250 before the devaluation to 1450 or is it to 1:1 with the US dollar and give the Iraqi dinar the strength it really deserves? I believe, based on other articles... that it is a study to go to 1:1 and then to eventually raise it back to 3:1 and even higher... there is much pressure to finally get this done.
3-2-2021 Intel Guru Footforward [...How many baskets do you think there will be?...If I understand correctly, there will be one strong hub currency in each basket...] From what I've been told there are three baskets currently in play. Every basket has what's called an anchor currency. The one that's going to have the biggest move and basically helps to create what's needed for the other evaluations to happen. The dong is one, it anchors the Asian basket. Even more so now. The Iraqi dinar...anchors the middle East basket. The third basket I can't talk about yet. I may never be able to talk about it publicly...There could be more in time but at the moment there are plans in place for three.
3-2-2021 Intel Guru MarkZ [via PDK] [Kuwait’s RV was on a March 21st…] They do like March for revaluations…taking advantage of the international accounting calendar. Iraq continues to meet in parliament and again, they say they will continue to meet daily until the budget is complete and they have a new value….
3-2-2021 Newshound Guru Pimpy This [Recently discussed tweet from the Iraqi Government] is old. These were the words of the Finance Minister before the rate change happened {When they devalued in December}. There's no date on this tweet...I'm pretty sure this is something that was said sometime in December or at least it was said in an article before the rate change happened when they first were talking about the White Paper reforms. I don't want you to get down. It's not bad news. This is just 'look at everybody jumping on this like they're going to change the rate again' ...slow down sparky. I got you. I remember these words specifically. These were said before they devalued the currency...
3-2-2021 Newshound Guru Jeff They've pretty much almost stopped the currency auctions. Not quite to 100% but there's down to probably about 95% reduction in country. That's tremendous. Remember I told you about the time they devalued the currency clear back on December 20th - this is one of those patterns we were looking for...they have done so. That's just more confirmation they're in the progress of changing that exchange rate.
3-2-2021 Newshound/Intel Guru Petra ...if they were going to have a budget at 1450 or even 1190 they'd have done it. That's what's key to understand. They are waiting for the rate because they know that's what they need to make all the changes.
3-2-2021 Intel Guru Frank26 The Iraqi dinar is pegged to the American Dollar. You may say no it's not. Trust me it is electronically. It's already 1 to 1. I know that's a bold statement to make...the Iraqi dinar is about to play fair with the American dollar. It's pegged to it. It has no choice.
3-2-2021 Newshound Guru Jeff Question: "Is the gain from this exchange rate considered taxable income?" I know a lot of people think this isn't going to be taxable. It's going to be a taxable event guys. We live in the greediest country in the world - the United States. I promise you this will not go untaxed. Plan on paying your taxes and getting on with your life. Keep it legal. Keep it real. [Note: Always consult a tax professional at the appropriate time.]
3-2-2021 Newshound/Intel Guru Mnt Goat Article: "AL-KHALIDI IS SURPRISED THAT THE CABINET HAS FORMED A COMMITTEE TO STUDY THE CONSEQUENCES OF CHANGING THE CURRENCY EXCHANGE RATE" So, is this proposal to change the exchange rate just to change it back to 1250 before the devaluation to 1450 or is it to 1:1 with the US dollar and give the Iraqi dinar the strength it really deserves? I believe, based on other articles... that it is a study to go to 1:1 and then to eventually raise it back to 3:1 and even higher... there is much pressure to finally get this done.
3-1-2021 Newshound Guru Adam Montana ...I know it can be a bit painful to try to decipher the articles, so I'll give you the elevator summary: Things are going well. There is a current discussion on "raising the price of the dollar", which would be bad for Dinar, and the overall sentiment is that they publicly do NOT want to "raise the price of the dollar". (That's a good thing for us!) Part of the reason is due to the current favorable price of oil. And, of course, none of that matters when the HCL goes through. It's been pretty quiet on the HCL front... When the HCL comes, we have an RV either already announced or just around the corner. Until the HCL is done, we wait patiently...I have no doubt that we will reap the dinar windfall... Go Iraq... Go Dinar...GO RRRVVV!!!...
3-1-2021 Intel Guru MarkZ [via PDK] [What is the rate for the dinar?] Well it was around $3.43 or so when they devalued it….so, worse case situation is they “reinstate that value”. If they reinstate that value…and add in inflation imo…that puts the rate around $4 or so…I am still hearing a possible contract rate for us of around $8.00. [What does “contract rate” mean?] We are offered a contract rate…i was told…since we are one of the countries that bore the cost of the war and rebuilding of Iraq we would get a contract rate for our dinar…
3-1-2021 Newshound Guru Jeff Remember I'm not a financial advisor. This is nothing more than my opinion. I strongly feel the rate will come in around the $3.80 range. That's my personal opinion...
3-1-2021 Newshound Guru Pimpy There's definitely without a doubt something going on with the Iraqi dinar. Absolutely there is and all kinds of weird things are pointed to March...nobody can put their finger on it. We're gonna see...I've been trying to figure it out for the last few days...
3-1-2021 Intel Guru MarkZ [via PDK] Happy March 1st…I think this is the month to throw off our shackles…I am excited about this month. Iraq has been busy…they have released a press statement saying that parliament will stay in session until they have finished/wrapped up their budget. It is a mad push and they are in session as we speak. There is so much happening in Iraq to change the value. It could be as soon as today. I would not be surprised if someone were to call me right now and say “it is done!”
3-1-2021 Newshound Guru Adam Montana ...In GOI news, Iraq is muddling through the final stages of the Budget. We don't need the Budget to be complete before an RV, but a "happy agreement" between the Kurds and Baghdad will do a lot to grease the wheels...
3-1-2021 Newshound Guru Jeff Iraq is completely on par with Kuwait. Iraq and Kuwait's fiscal year (I know this for a fact because I've already consulted with the Iraq government) is April through March of the following year. That's why Kuwait changed at the end of April [March?] to accommodate the March fiscal year...If you want to know when Iraq's doing their rate change, they're doing it on the exact same historical Sunday when Kuwait did theirs...Iraq is following in Kuwait's footsteps.
3-1-2021 Intel Guru MarkZ [via PDK] [What is the rate for the dinar?] Well it was around $3.43 or so when they devalued it….so, worse case situation is they “reinstate that value”. If they reinstate that value…and add in inflation imo…that puts the rate around $4 or so…I am still hearing a possible contract rate for us of around $8.00. [What does “contract rate” mean?] We are offered a contract rate…i was told…since we are one of the countries that bore the cost of the war and rebuilding of Iraq we would get a contract rate for our dinar…
3-1-2021 Newshound Guru Jeff Remember I'm not a financial advisor. This is nothing more than my opinion. I strongly feel the rate will come in around the $3.80 range. That's my personal opinion...
3-1-2021 Newshound Guru Pimpy There's definitely without a doubt something going on with the Iraqi dinar. Absolutely there is and all kinds of weird things are pointed to March...nobody can put their finger on it. We're gonna see...I've been trying to figure it out for the last few days...
3-1-2021 Intel Guru MarkZ [via PDK] Happy March 1st…I think this is the month to throw off our shackles…I am excited about this month. Iraq has been busy…they have released a press statement saying that parliament will stay in session until they have finished/wrapped up their budget. It is a mad push and they are in session as we speak. There is so much happening in Iraq to change the value. It could be as soon as today. I would not be surprised if someone were to call me right now and say “it is done!”
3-1-2021 Newshound Guru Adam Montana ...In GOI news, Iraq is muddling through the final stages of the Budget. We don't need the Budget to be complete before an RV, but a "happy agreement" between the Kurds and Baghdad will do a lot to grease the wheels...
3-1-2021 Newshound Guru Jeff Iraq is completely on par with Kuwait. Iraq and Kuwait's fiscal year (I know this for a fact because I've already consulted with the Iraq government) is April through March of the following year. That's why Kuwait changed at the end of April [March?] to accommodate the March fiscal year...If you want to know when Iraq's doing their rate change, they're doing it on the exact same historical Sunday when Kuwait did theirs...Iraq is following in Kuwait's footsteps.
2-28-2021 Newshound Guru MilitiaMan Article: "Zafer Al-Ani: Parliament Will Continue Its Sessions Until The Budget Is Approved" Quote: "the budget has reached its final stages, leaving nothing but the announcement of the agreement with the Kurdistan region regarding the percentage determined for it in the budget and other matters that will be completed within the next few days." Well well well. They are continuing the session tomorrow. The 1st of March. They'll be at it until budget law is approved, so they say. Leaving nothing but an announcement. Well they'll need to announce a rate with that now wouldn't they? ...A new exchange rate can fix many ailments.. imo...
2-28-2021 Newshound Guru Pimpy The problem with us dealing with the dinar is this. In order for the dinar to have any kind of purchasing power or to get any real change on the exchange rate there has to be some stability there. Already all around we're starting to see crap happen. Iran, Syria bombings, missile attacks within Iraq...Biden hasn't even been in office two months and already the shit's falling apart...I don't like the way it looks although there's some good things happening over there in Iraq. The financial grade [B rating] is good. The reserves are building that's good...so there are some good things. I'm just pissed about the way this current administration is too much into bombing crap...You gotta take the good news, bad news, the ugly news. You gotta take it all. Stay grounded.
2-28-2021 Newshound Guru Jeff Question: "How will the Iraqi people prosper from or benefit from the rate change?" ...it gives the Iraqi citizens and the Government of Iraq purchasing power...there's only one way for Iraqi citizens to get rich. They have to keep and exchange the 3 zero notes after the rate change...
2-28-2021 Newshound Guru Adam Montana ...I'm still in daily communications with all of my dinar contacts. I still get my usual briefings from the important people on dinar... The last time I touched on the price of OIL was quite a while ago - I was optimistic even though oil prices were only at $40ish. Where are they today? $61! Which happens to be above where we need them to be for a launch of the RV...
2-28-2021 Newshound Guru Pimpy Article: "The Central Bank Announces A rise In Cash Reserves To More Than 55 Billion Dollars" That's good we want the reserves to be up higher. The higher it goes...it's really good for the currency...It's because one of the thing that gives its strength is the fact that there's a lot of reserves. This is very very good...
2-28-2021 Newshound Guru Jeff Tweet from the Iraqi government: "Setting a new exchange rate for the Iraqi dinar against the U.S. dollar is part of the economic reform program adopted by the @IraqiGovt, which aims to address the immediate financial crisis and placing the Iraqi economy on a sustainable path." Since roughly Monday of this past week is when they starting putting a huge emphasis on the exchange rate as we approach the implementation of the budget and their new fiscal year of April 1st...
2-28-2021 Newshound/Intel Guru Mnt Goat Article: "TO THE EXECUTIVE BRANCH TO THE CENTRAL BANK OF IRAQ PROPOSING THE NEED TO AMEND THE EXCHANGE RATE OF THE IRAQI DINAR TOWARDS THE US DOLLAR" Of course there are many objections to the 1450 devalued rate of the dinar. They people don’t understand fully the reasons behind it. This article is pushing for just what we want... Article quote: "A new EXCHANGE RATE IS REQUIRED FOR THE IRAQI DINAR TOWARDS THE US DOLLAR, WHICH IS ONE DINAR EQUALS ONE US DOLLAR...and work in the future to return a new exchange rate. EACH DINAR EQUALS $3, AS IT WAS PREVIOUSLY." ...With oil expecting to climb way over $100 a barrel Iraq will be swimming in wealth and its an excellent time to do this...
2-28-2021 Newshound Guru Pimpy The problem with us dealing with the dinar is this. In order for the dinar to have any kind of purchasing power or to get any real change on the exchange rate there has to be some stability there. Already all around we're starting to see crap happen. Iran, Syria bombings, missile attacks within Iraq...Biden hasn't even been in office two months and already the shit's falling apart...I don't like the way it looks although there's some good things happening over there in Iraq. The financial grade [B rating] is good. The reserves are building that's good...so there are some good things. I'm just pissed about the way this current administration is too much into bombing crap...You gotta take the good news, bad news, the ugly news. You gotta take it all. Stay grounded.
2-28-2021 Newshound Guru Jeff Question: "How will the Iraqi people prosper from or benefit from the rate change?" ...it gives the Iraqi citizens and the Government of Iraq purchasing power...there's only one way for Iraqi citizens to get rich. They have to keep and exchange the 3 zero notes after the rate change...
2-28-2021 Newshound Guru Adam Montana ...I'm still in daily communications with all of my dinar contacts. I still get my usual briefings from the important people on dinar... The last time I touched on the price of OIL was quite a while ago - I was optimistic even though oil prices were only at $40ish. Where are they today? $61! Which happens to be above where we need them to be for a launch of the RV...
2-28-2021 Newshound Guru Pimpy Article: "The Central Bank Announces A rise In Cash Reserves To More Than 55 Billion Dollars" That's good we want the reserves to be up higher. The higher it goes...it's really good for the currency...It's because one of the thing that gives its strength is the fact that there's a lot of reserves. This is very very good...
2-28-2021 Newshound Guru Jeff Tweet from the Iraqi government: "Setting a new exchange rate for the Iraqi dinar against the U.S. dollar is part of the economic reform program adopted by the @IraqiGovt, which aims to address the immediate financial crisis and placing the Iraqi economy on a sustainable path." Since roughly Monday of this past week is when they starting putting a huge emphasis on the exchange rate as we approach the implementation of the budget and their new fiscal year of April 1st...
2-28-2021 Newshound/Intel Guru Mnt Goat Article: "TO THE EXECUTIVE BRANCH TO THE CENTRAL BANK OF IRAQ PROPOSING THE NEED TO AMEND THE EXCHANGE RATE OF THE IRAQI DINAR TOWARDS THE US DOLLAR" Of course there are many objections to the 1450 devalued rate of the dinar. They people don’t understand fully the reasons behind it. This article is pushing for just what we want... Article quote: "A new EXCHANGE RATE IS REQUIRED FOR THE IRAQI DINAR TOWARDS THE US DOLLAR, WHICH IS ONE DINAR EQUALS ONE US DOLLAR...and work in the future to return a new exchange rate. EACH DINAR EQUALS $3, AS IT WAS PREVIOUSLY." ...With oil expecting to climb way over $100 a barrel Iraq will be swimming in wealth and its an excellent time to do this...
2-27-2021 Intel Guru MarkZ [via PDK] There was a site that put a disclaimer that redemption centers may be a trap…has some of you terrified…they need to stop with the fear mongering. You will be able to exchange with a number of options. All the banks will want your dollars. Stop worrying…there will be plenty of proof and you will not be exchanging in some dark, back ally…exchanges will be done above board in the daylight by professionals. …I am told most information will come from the Treasury.
2-27-2021 Newshound/Intel Guru Mnt Goat Article: "OIL REVIEWS THE FINAL VERSION OF THE DRAFT FEDERAL OIL AND GAS LAW" ...every time Iraq gets close to a revaluation the oil and gas and the article 140 laws comes up in the news. They talk about completing it and how close they are to passing it as law. Coincidence? I don’t think so. ...they need to fully address their new constitution before they can reinstate their currency back to normalcy. They need referendums passed in parliament on both of these constitutional directives prior to going global. Sure, they can set up all the mechanisms to do so over the years, as this takes years. But in parallel to this effort, they must also get these two laws in place.
2-27-2021 Newshound Guru Jeff ...Iraq becoming international, Article 140, HCL, the reconstruction reforms - all that is hinged upon the physical rate changing. Once the rate changes they become international and then all those secondary dominoes will fall right into place...
2-27-2021 Intel Guru Frank26 Question: [Do I need a receipt to go in to exchange my dinars? ...I lost my receipt so I'm afraid to go to a bank without my receipt. Maybe they'll think I stole it. Maybe they'll question me. Maybe they'll ask who bought this - Who does it belong to? I'm worried about it.] No...just my option...You're going to walk into a bank and you're going to present your dinars or you're going to have a representative do that for you. The bank is in the business of exchanging that currency so they can make a profit off of you...They also want to keep you as a customer because once you exchange they want you to keep that money in their bank. The bank has no interest in who bought that dinar...The bank is only there to exchange it and to follow through with their banking services. So when do you need your receipt? IMO you need it for your taxes...if you're ever audited... [Note: Consult your financial advisors at the appropriate time]
2-27-2021 Newshound Guru MilitiaMan Article: "The last pages of subjugating the state of Iraq...subjugating the Iraqi dinar" ...They are telling us they are going into the next phase and the way to do that is raise the value of the exchange rate to be the strongest in the region. They talk about the new global economic system. We have been talking about this for months now and they are now confirming our view! Wow! When they strengthen their currency they will be the first in the region!! Again that is powerful! They are to shift to the DIGITAL CURRENCY... We know they have a new platform for doing that specifically, not only internally but externally, as well with the BUNA. They are definitely talk loud about what is to come. Auctions are not what they used to be... This is looking very very bullish... imo.
2-27-2021 Intel Guru MarkZ [via PDK] [If all currencies are eventually going to parity at 1 to 1…why would I exchange dong for .47cents?] I wouldn’t…I still hear that is the street rate to suck the currency off the street and we will be offered a contract rate of around $2..
2-27-2021 Newshound Guru Jeff Iraq has pretty much at this time stopped the in-country currency auctions of auctioning off the US dollar. At this time they're only auctioning off the US dollar abroad - outside the country of Iraq. They've been doing this for about the last 2 weeks. So at this point the in-country auctions have ceased and ended. This is great for us. This is more confirmation we're inching up on the rate change.
2-27-2021 Newshound/Intel Guru Mnt Goat Article: "OIL REVIEWS THE FINAL VERSION OF THE DRAFT FEDERAL OIL AND GAS LAW" ...every time Iraq gets close to a revaluation the oil and gas and the article 140 laws comes up in the news. They talk about completing it and how close they are to passing it as law. Coincidence? I don’t think so. ...they need to fully address their new constitution before they can reinstate their currency back to normalcy. They need referendums passed in parliament on both of these constitutional directives prior to going global. Sure, they can set up all the mechanisms to do so over the years, as this takes years. But in parallel to this effort, they must also get these two laws in place.
2-27-2021 Newshound Guru Jeff ...Iraq becoming international, Article 140, HCL, the reconstruction reforms - all that is hinged upon the physical rate changing. Once the rate changes they become international and then all those secondary dominoes will fall right into place...
2-27-2021 Intel Guru Frank26 Question: [Do I need a receipt to go in to exchange my dinars? ...I lost my receipt so I'm afraid to go to a bank without my receipt. Maybe they'll think I stole it. Maybe they'll question me. Maybe they'll ask who bought this - Who does it belong to? I'm worried about it.] No...just my option...You're going to walk into a bank and you're going to present your dinars or you're going to have a representative do that for you. The bank is in the business of exchanging that currency so they can make a profit off of you...They also want to keep you as a customer because once you exchange they want you to keep that money in their bank. The bank has no interest in who bought that dinar...The bank is only there to exchange it and to follow through with their banking services. So when do you need your receipt? IMO you need it for your taxes...if you're ever audited... [Note: Consult your financial advisors at the appropriate time]
2-27-2021 Newshound Guru MilitiaMan Article: "The last pages of subjugating the state of Iraq...subjugating the Iraqi dinar" ...They are telling us they are going into the next phase and the way to do that is raise the value of the exchange rate to be the strongest in the region. They talk about the new global economic system. We have been talking about this for months now and they are now confirming our view! Wow! When they strengthen their currency they will be the first in the region!! Again that is powerful! They are to shift to the DIGITAL CURRENCY... We know they have a new platform for doing that specifically, not only internally but externally, as well with the BUNA. They are definitely talk loud about what is to come. Auctions are not what they used to be... This is looking very very bullish... imo.
2-27-2021 Intel Guru MarkZ [via PDK] [If all currencies are eventually going to parity at 1 to 1…why would I exchange dong for .47cents?] I wouldn’t…I still hear that is the street rate to suck the currency off the street and we will be offered a contract rate of around $2..
2-27-2021 Newshound Guru Jeff Iraq has pretty much at this time stopped the in-country currency auctions of auctioning off the US dollar. At this time they're only auctioning off the US dollar abroad - outside the country of Iraq. They've been doing this for about the last 2 weeks. So at this point the in-country auctions have ceased and ended. This is great for us. This is more confirmation we're inching up on the rate change.
2-26-2021 Newshound Guru MilitiaMan They will not be going into a market economy with a devalued currency at 1460... The new exchange rate will need to be applied... One that is the strongest in the region will do it... imo... Setting a new exchange rate is exactly right. It is part of the plan! Has been for years, and it is sure welcomed now...
2-26-2021 Intel Guru Bruce [via WiserNow] I have been told this weekend – Friday – Saturday – Sunday – is going to be an AMAZING Revelatory weekend – Things are really popping...We could get notified - Initially I was told we would be notified Monday and start Tuesday – that may still hold up - however – recent news indicates we might get notified and that means with email notification and 800 numbers could be sooner than that... this looks like we are almost “there” for “GO” time...we know the redemption center staff is readied – with regular schedules for tomorrow – and we are at the point where everything is connected now – and I think everything can move forward...
2-26-2021 Intel Guru Frank26 Article: "Al-Rafidain Bank leaves the seventh Item." What is the 7th item? Chapter 7 of the UN security council. What is it? Handcuffs on their currency...can you say free as a bird? Can you say Iraq is about to legally raise the value of their currency under the IMF/World Bank regulations so they can attend to their obligations not only internally but externally internationally? Quote: "the exit decision came after fulfilling all the bank's financial obligations to international financial institutions." That's article VIII. That's raising the value of their currency... this is huge. This is monstrous. This is article VIII carved in titanium. Free as a bird to do what they want to do. You think they want to stay at a program rate? No...
2-26-2021 Newshound Guru Breitling [Question: If they increase their rate after paying down their debt with this [December 20, 2020] devaluation do you see a dramatic increase quick or slow increase?] There's no way to tell right now. The markets change. Everything changes so quick.
2-26-2021 Newshound Guru Jeff Since the start of the week Iraq has been finally putting an emphasis on their exchange rate. Article: "The Minister of Finance announces measures to support the effects of changing the exchange...and discusses the White Paper procedures" ...they're really now putting an emphasis on the exchange rate and moving it in the correct direction - raising the dinar against the dollar not the dollar against the dinar...everything is coming together right before us...we're in a great position. We just have to sit back, stay patient with it and let it happen...
2-26-2021 Newshound/Intel Guru Mnt Goat ...they are once again moving ahead with the oil and gas and then the article 140 laws. These laws need to be legislated in parliament in the form of laws and then passed into laws. In 2011 the CBI told me that there was a mandate by the US and UK for Iraq to have a fully implemented constitution prior to reinstatement of their dinar thus getting out of the US Treasury OFAC sanctions completely... have they?
2-26-2021 Intel Guru MarkZ [via PDK] Iraq budget should be finished today…as I understand it…So they will be ready for their new value…We know they plan to have their new value before April first. So on the Iraqi side we are...close to the end…remember this is a “when” it’s not an “if”...do not give up.
2-26-2021 Newshound Guru Jeff One of the things we've guesstimated in this is that They would most likely change the rate specifically over a holiday...here's the next holiday in Iraq - Sunday March 21, 2021.
2-26-2021 Newshound/Intel Guru Mnt Goat Article: "LEARN ABOUT THE CRITERIA FOR REPLACING DAMAGED BANKNOTES IN IRAQI BANKS" Why this article and why now? The CBI is finally taking in these large scale stashes of banknotes hidden under mattresses and buried in the backyard. They need now to set standards of how they will exchange these not so good notes. After all this was part of the point of devaluing the dinar in the first place. They needed to get the people to realize that the US dollar is worth more than the dinar and so turn in the dinar for US dollars. They needed to really shake them up. The longer they hold on to the 1450 rate the more dinar stashes will come forward...
2-26-2021 Intel Guru Frank26 Article: "Punishment: Dollar speculation with corrupt banks cost the state a trillion dinars a month." Not anymore. We stopped the auctions and we got Iraq a little bit under control. Quote: "to restore the unfair decision agains the Iraqi economy to raise the price of the dollar and return it to its previous era." This translation ugh! But you understand don't you. To raise the value of the Iraqi dinar against the dollar and return it to its previous era...that's what Dr. Shabibi said would happen and that's what's happening.
2-26-2021 Intel Guru Bruce [via WiserNow] I have been told this weekend – Friday – Saturday – Sunday – is going to be an AMAZING Revelatory weekend – Things are really popping...We could get notified - Initially I was told we would be notified Monday and start Tuesday – that may still hold up - however – recent news indicates we might get notified and that means with email notification and 800 numbers could be sooner than that... this looks like we are almost “there” for “GO” time...we know the redemption center staff is readied – with regular schedules for tomorrow – and we are at the point where everything is connected now – and I think everything can move forward...
2-26-2021 Intel Guru Frank26 Article: "Al-Rafidain Bank leaves the seventh Item." What is the 7th item? Chapter 7 of the UN security council. What is it? Handcuffs on their currency...can you say free as a bird? Can you say Iraq is about to legally raise the value of their currency under the IMF/World Bank regulations so they can attend to their obligations not only internally but externally internationally? Quote: "the exit decision came after fulfilling all the bank's financial obligations to international financial institutions." That's article VIII. That's raising the value of their currency... this is huge. This is monstrous. This is article VIII carved in titanium. Free as a bird to do what they want to do. You think they want to stay at a program rate? No...
2-26-2021 Newshound Guru Breitling [Question: If they increase their rate after paying down their debt with this [December 20, 2020] devaluation do you see a dramatic increase quick or slow increase?] There's no way to tell right now. The markets change. Everything changes so quick.
2-26-2021 Newshound Guru Jeff Since the start of the week Iraq has been finally putting an emphasis on their exchange rate. Article: "The Minister of Finance announces measures to support the effects of changing the exchange...and discusses the White Paper procedures" ...they're really now putting an emphasis on the exchange rate and moving it in the correct direction - raising the dinar against the dollar not the dollar against the dinar...everything is coming together right before us...we're in a great position. We just have to sit back, stay patient with it and let it happen...
2-26-2021 Newshound/Intel Guru Mnt Goat ...they are once again moving ahead with the oil and gas and then the article 140 laws. These laws need to be legislated in parliament in the form of laws and then passed into laws. In 2011 the CBI told me that there was a mandate by the US and UK for Iraq to have a fully implemented constitution prior to reinstatement of their dinar thus getting out of the US Treasury OFAC sanctions completely... have they?
2-26-2021 Intel Guru MarkZ [via PDK] Iraq budget should be finished today…as I understand it…So they will be ready for their new value…We know they plan to have their new value before April first. So on the Iraqi side we are...close to the end…remember this is a “when” it’s not an “if”...do not give up.
2-26-2021 Newshound Guru Jeff One of the things we've guesstimated in this is that They would most likely change the rate specifically over a holiday...here's the next holiday in Iraq - Sunday March 21, 2021.
2-26-2021 Newshound/Intel Guru Mnt Goat Article: "LEARN ABOUT THE CRITERIA FOR REPLACING DAMAGED BANKNOTES IN IRAQI BANKS" Why this article and why now? The CBI is finally taking in these large scale stashes of banknotes hidden under mattresses and buried in the backyard. They need now to set standards of how they will exchange these not so good notes. After all this was part of the point of devaluing the dinar in the first place. They needed to get the people to realize that the US dollar is worth more than the dinar and so turn in the dinar for US dollars. They needed to really shake them up. The longer they hold on to the 1450 rate the more dinar stashes will come forward...
2-26-2021 Intel Guru Frank26 Article: "Punishment: Dollar speculation with corrupt banks cost the state a trillion dinars a month." Not anymore. We stopped the auctions and we got Iraq a little bit under control. Quote: "to restore the unfair decision agains the Iraqi economy to raise the price of the dollar and return it to its previous era." This translation ugh! But you understand don't you. To raise the value of the Iraqi dinar against the dollar and return it to its previous era...that's what Dr. Shabibi said would happen and that's what's happening.
2-25-2021 Intel Guru MarkZ [via PDK] There are a lot of big things happening in Iraq today and tomorrow as they push forward toward a new value. Many expect the vote tomorrow. [Guru] Frank26 says we are only waiting...
2-25-2021 Newshound Guru MilitiaMan My view is it is possible that shut down (OE) by the FED was a potential global notice given out, that change is coming...Kinda like, hey world we are resetting the system, rebooting...Then we resume like nothing happened, until x date which may be within a very short predetermined window with a new adjustment made... everyone would have had to have been given equal notice, and once the adjustment is made, a level playing field is set in motion and all are on equal footings...So did the FED test the system live in real time to see how it would work out? Then if successful, notice has been given, then game on?... [post 2 of 2]
2-25-2021 Newshound Guru MilitiaMan Article: "The Federal Reserve’s systems for transferring money and financial assets among banks, businesses and government entities went offline for a period of time on Wednesday, upending crucial parts of the country’s financial infrastructure." Lets see if the Digital System had a reset with the Fed yesterday has anything to say about the winds of March...I suspect that shut down "operational error" yesterday was on purpose or was it? ...Apparently that has never happened before. [post 1 of 2....stay tuned]
2-25-2021 Intel Guru MarkZ [via PDK] The Federal Reserve going down yesterday - I was told it was a hiccup…a crash as they tried to fold the QFS system to merge and blend with the old system and take over…the merge was not successful but they learned from it. When I say “Take over” I mean it’s not hostile…it’s just logistics…I have some very excited group leaders today…so the attempt yesterday was excellent news…
2-25-2021 Newshound Guru Jeff the news that's coming out is finally getting better and it's really what we're looking for...In Iraq the citizens technically own the oil. They're entitled to a percentage of the profits and proceeds from oil...Iraq's already had their oil and gas law drafted clear since 2005...what it's waiting on is the rate change. They cannot implement the oil and gas law...until the rate changes...it will be just like the country of Kuwait or the state of Alaska...they will get oil wealth. Article: "Iraq is preparing to pass a law to regulate oil and gas wealth." This is huge...they're telling you they're bringing this forth now so it's going to be in the 21 budget.
2-25-2021 Intel Guru Frank26 If the Iraqi dinar (which is not international) was part of this, well then you would have to make the Iraqi dinar international and then you would have to accept it into the Federal Reserves wouldn't you...this is the United States of America Federal Reserve shutting down for a specific reason that they've never done before...IMO - In my team's opinion...this shutting down of the United States of America Federal Reserves had to happen before Iraq can do anything with their currency and their monetary reform. Why? Because what are they pegged to? ...U.S. [Dollar]. [post 2 of 2]
2-25-2021 Intel Guru Frank26 Federal Reserves - have you ever been closed before? I didn't think so. This is historical. This is epic...the Federal Reserve of the United States of America allows banks to send money back and fourth and their system is down...there is something significant about this...the closing of the Federal Reserves would have been planned a very long time ago so this is not any form of testing. What this is is a collaboration...international understandings... [post 1 of 2....stay tuned]
2-25-2021 Intel Guru RayRen98 I FEEL A RATE CHANGE COMING... DIRECTLY!!!...HINT 2 THE WISE: DON'T RUSH IN FOR THE "LOWER" EXCHANGE RATES...IT GETS GREATER LATER $$$$$
2-25-2021 Intel Guru Bruce [via WiserNow] I can tell you there are a few things out there that are pointing toward our timing being very close - now – for me to say that...I know that things are happening and have happened in Iraq to make the reveal for the release of everything...Thursday [today]. So we’re looking for some action to take place probably on Thursday – and it could be that we get notified on Thursday and go for exchanges on Thursday...I would say Thursday is looking very good for us...Beyond that we know that redemption center staff...were given a schedule for the next 12 days...I am very encouraged by what we’re hearing...there has been a lid put on intel and we have been put on more than a GAG order...you are not seeing or hearing much right now - that is a very good sign...
2-25-2021 Intel Guru MarkZ [via PDK] Out of Iraq we are still getting a lot of chatter about Thursday or Friday for the new budget to be finished now that they have completed the Kurdistan issues. So we are here at the edges of our seats… Does this mean its tomorrow??? Nobody knows the exact time…if its tomorrow or weeks from now…but we are close. All we can do is be prepared.
2-25-2021 Newshound Guru MilitiaMan My view is it is possible that shut down (OE) by the FED was a potential global notice given out, that change is coming...Kinda like, hey world we are resetting the system, rebooting...Then we resume like nothing happened, until x date which may be within a very short predetermined window with a new adjustment made... everyone would have had to have been given equal notice, and once the adjustment is made, a level playing field is set in motion and all are on equal footings...So did the FED test the system live in real time to see how it would work out? Then if successful, notice has been given, then game on?... [post 2 of 2]
2-25-2021 Newshound Guru MilitiaMan Article: "The Federal Reserve’s systems for transferring money and financial assets among banks, businesses and government entities went offline for a period of time on Wednesday, upending crucial parts of the country’s financial infrastructure." Lets see if the Digital System had a reset with the Fed yesterday has anything to say about the winds of March...I suspect that shut down "operational error" yesterday was on purpose or was it? ...Apparently that has never happened before. [post 1 of 2....stay tuned]
2-25-2021 Intel Guru MarkZ [via PDK] The Federal Reserve going down yesterday - I was told it was a hiccup…a crash as they tried to fold the QFS system to merge and blend with the old system and take over…the merge was not successful but they learned from it. When I say “Take over” I mean it’s not hostile…it’s just logistics…I have some very excited group leaders today…so the attempt yesterday was excellent news…
2-25-2021 Newshound Guru Jeff the news that's coming out is finally getting better and it's really what we're looking for...In Iraq the citizens technically own the oil. They're entitled to a percentage of the profits and proceeds from oil...Iraq's already had their oil and gas law drafted clear since 2005...what it's waiting on is the rate change. They cannot implement the oil and gas law...until the rate changes...it will be just like the country of Kuwait or the state of Alaska...they will get oil wealth. Article: "Iraq is preparing to pass a law to regulate oil and gas wealth." This is huge...they're telling you they're bringing this forth now so it's going to be in the 21 budget.
2-25-2021 Intel Guru Frank26 If the Iraqi dinar (which is not international) was part of this, well then you would have to make the Iraqi dinar international and then you would have to accept it into the Federal Reserves wouldn't you...this is the United States of America Federal Reserve shutting down for a specific reason that they've never done before...IMO - In my team's opinion...this shutting down of the United States of America Federal Reserves had to happen before Iraq can do anything with their currency and their monetary reform. Why? Because what are they pegged to? ...U.S. [Dollar]. [post 2 of 2]
2-25-2021 Intel Guru Frank26 Federal Reserves - have you ever been closed before? I didn't think so. This is historical. This is epic...the Federal Reserve of the United States of America allows banks to send money back and fourth and their system is down...there is something significant about this...the closing of the Federal Reserves would have been planned a very long time ago so this is not any form of testing. What this is is a collaboration...international understandings... [post 1 of 2....stay tuned]
2-25-2021 Intel Guru RayRen98 I FEEL A RATE CHANGE COMING... DIRECTLY!!!...HINT 2 THE WISE: DON'T RUSH IN FOR THE "LOWER" EXCHANGE RATES...IT GETS GREATER LATER $$$$$
2-25-2021 Intel Guru Bruce [via WiserNow] I can tell you there are a few things out there that are pointing toward our timing being very close - now – for me to say that...I know that things are happening and have happened in Iraq to make the reveal for the release of everything...Thursday [today]. So we’re looking for some action to take place probably on Thursday – and it could be that we get notified on Thursday and go for exchanges on Thursday...I would say Thursday is looking very good for us...Beyond that we know that redemption center staff...were given a schedule for the next 12 days...I am very encouraged by what we’re hearing...there has been a lid put on intel and we have been put on more than a GAG order...you are not seeing or hearing much right now - that is a very good sign...
2-25-2021 Intel Guru MarkZ [via PDK] Out of Iraq we are still getting a lot of chatter about Thursday or Friday for the new budget to be finished now that they have completed the Kurdistan issues. So we are here at the edges of our seats… Does this mean its tomorrow??? Nobody knows the exact time…if its tomorrow or weeks from now…but we are close. All we can do is be prepared.
2-24-2021 Newshound/Intel Guru Mnt Goat Article: "KHAS...AL-RAFIDAIN BANK (LARGEST IRAQI BANK) LEAVES ARTICLE SEVENTH" many gurus are confused over this article. We are really taking about Chapter 7 not article 7. Currently the CBI is operating under article 14 and needs to move to and thus operate under article 8 of the IMF charter. Article 8 in “normalcy” for monetary policy. This is where most countries now reside in dealing with the IMF in monetary policy. Many suggest that Iraq is already in article 8 and that may be the case too but we have no definite evidence of this as they have not yet told us. Let’s just wait and see what happens once they get the 2021-2022 budget passed.
2-24-2021 Intel Guru Frank26 ...it is logical that the US Treasury would have a legit 800 number where they could counsel and advise you on your investment once the value goes up as to where to go to exchange your currency. Isn't that cool! Here's the other thing that's cool...it's motivating for a time like this when we see so many things coming together. If there is an 800 number it would only be with the United States Treasury to tell you which banks to go to...there isn't going to only be one bank. There's going to be hundreds and hundreds across the whole United States of America. There will also be Iraqi banks...there will be hundreds across the world markets... [Post 2 of 2]
[NOTE: If and when the U.S. Treasury releases a legitimate 800# we'll share it with you and the dinar guru community as soon as we confirm it's safe from shenanigans...be sure you're on the DinarGuru Alert list. It's free in the blue box above.]
2-24-2021 Intel Guru Frank26 ...the United States Treasury met with a limited amount of people to disseminate some information on how and where to exchange your Iraqi dinars...It's not known how it's going to roll out but the information will come to the dinar community as needed because right now it's going to the citizens of Iraq...for us citizens of the United States of America it's possible an 800# is coming...this so-called 800 number is not for one bank. That's so stupid. The 800 number, as of 1st hand information, is not as it's being exaggerated... [Post 1 of 2]
[NOTE: If and when the U.S. Treasury releases a legitimate 800# we'll share it with you and the dinar guru community as soon as we confirm it's safe from shenanigans...be sure you're on the DinarGuru Alert list. It's free in the blue box above.]
2-24-2021 Newshound Guru MilitiaMan I don't believe they'll go out and float it [the dinar] this early on [after rate change]. If they stick to having it fixed going into the future it will help contain the inflation...
2-24-2021 Newshound Guru Jeff They [Iraq] are gonna have two sets of notes in circulation. They're gonna have large notes and small notes...two sets of notes will coexist together utilizing the same exchange rate...this is just an example. Let's say the rate is $3 - if the rate is three a 25 note is $75 after the rate change...a 25000 dinar note times $3 is worth $75000. Both the 3 zero notes and the smaller notes below 100 will have the same exact rate. They're not going to have different rates...you're in a great spot...
2-24-2021 Newshound Guru Pimpy Article: "The Iraqi government expects a rise in foreign reserves of $4 billion by the end of February" this is a good thing...quote "according to the immediate office of the Prime Minister that the foreign exchange reserves of Iraq began to rise after it was threatened with collapse and is expected to increase by nearly 4 billion dollars by the end of the month..."
2-24-2021 Newshound Guru Breitling [Question: What comes first - Does Iraq need to build their economy in order to increase the rate or does Iraq need to increase the rate first?] Iraq needs to increase the rate first to build an economy.
2-24-2021 Newshound/Intel Guru Walkingstick and Frank26 ...Iraqi bank teams (exchange departments of banks) are about to meet with those who are going to talk to them about the exchange rate changing. That's pretty powerful. This week that's when we think this is going to occur. The CBI will inform these banks a lot more on the date they gave them on which to raise the value of the currency. And more communication on how these CBI banks will deal with the citizens of Iraq - the new small category notes. The ATM machines. Opening new accounts. The new exchange rate, explaining it. All that stuff.
2-24-2021 Newshound/Intel Guru Mnt Goat Article: "OIL DEMAND EXPECTED TO PEAK AND $150 PER BARREL PRICE EXPECTED" ...the price of oil does affect the budget and the rate at which the dinar will revalue at. Remember that there is going to be an in-country RV first as they proceed with the project to delete the zeros simultaneously and then later (much sooner than later) there is going to be a reinstatement of the dinar. So, there are two different rates to consider. We are outside Iraq and so the rate we consider is only at what rate the banks in our country will offer to exchange our dinar at. This bank rate will most likely be 2 or 3 times the rate offered in Iraq.
2-24-2021 Newshound Guru Jeff Iraq is walking in Kuwait's footsteps. Kuwait reinstated their currency on March 21, 1991 on Sunday...Iraq is transitioning to the same original fiscal year exactly where they were before the 1990 sanctions. They're going back to their original fiscal period. I already spoke with the Iraqi government so I have confirmed this. I know for a fact Iraq is transitioning. That's why they told you they'll be presenting the budget in just a few months...we are in the best position. History is repeating itself between Iraq and Kuwait...we are very very close to this...
2-24-2021 Intel Guru MarkZ [via PDK] [Which banks will have the best conversion rates?] As it has been explained to me…they are all going to have the same conversion rate. I am told it is a fixed, set price.
2-24-2021 Intel Guru Frank26 ...it is logical that the US Treasury would have a legit 800 number where they could counsel and advise you on your investment once the value goes up as to where to go to exchange your currency. Isn't that cool! Here's the other thing that's cool...it's motivating for a time like this when we see so many things coming together. If there is an 800 number it would only be with the United States Treasury to tell you which banks to go to...there isn't going to only be one bank. There's going to be hundreds and hundreds across the whole United States of America. There will also be Iraqi banks...there will be hundreds across the world markets... [Post 2 of 2]
[NOTE: If and when the U.S. Treasury releases a legitimate 800# we'll share it with you and the dinar guru community as soon as we confirm it's safe from shenanigans...be sure you're on the DinarGuru Alert list. It's free in the blue box above.]
2-24-2021 Intel Guru Frank26 ...the United States Treasury met with a limited amount of people to disseminate some information on how and where to exchange your Iraqi dinars...It's not known how it's going to roll out but the information will come to the dinar community as needed because right now it's going to the citizens of Iraq...for us citizens of the United States of America it's possible an 800# is coming...this so-called 800 number is not for one bank. That's so stupid. The 800 number, as of 1st hand information, is not as it's being exaggerated... [Post 1 of 2]
[NOTE: If and when the U.S. Treasury releases a legitimate 800# we'll share it with you and the dinar guru community as soon as we confirm it's safe from shenanigans...be sure you're on the DinarGuru Alert list. It's free in the blue box above.]
2-24-2021 Newshound Guru MilitiaMan I don't believe they'll go out and float it [the dinar] this early on [after rate change]. If they stick to having it fixed going into the future it will help contain the inflation...
2-24-2021 Newshound Guru Jeff They [Iraq] are gonna have two sets of notes in circulation. They're gonna have large notes and small notes...two sets of notes will coexist together utilizing the same exchange rate...this is just an example. Let's say the rate is $3 - if the rate is three a 25 note is $75 after the rate change...a 25000 dinar note times $3 is worth $75000. Both the 3 zero notes and the smaller notes below 100 will have the same exact rate. They're not going to have different rates...you're in a great spot...
2-24-2021 Newshound Guru Pimpy Article: "The Iraqi government expects a rise in foreign reserves of $4 billion by the end of February" this is a good thing...quote "according to the immediate office of the Prime Minister that the foreign exchange reserves of Iraq began to rise after it was threatened with collapse and is expected to increase by nearly 4 billion dollars by the end of the month..."
2-24-2021 Newshound Guru Breitling [Question: What comes first - Does Iraq need to build their economy in order to increase the rate or does Iraq need to increase the rate first?] Iraq needs to increase the rate first to build an economy.
2-24-2021 Newshound/Intel Guru Walkingstick and Frank26 ...Iraqi bank teams (exchange departments of banks) are about to meet with those who are going to talk to them about the exchange rate changing. That's pretty powerful. This week that's when we think this is going to occur. The CBI will inform these banks a lot more on the date they gave them on which to raise the value of the currency. And more communication on how these CBI banks will deal with the citizens of Iraq - the new small category notes. The ATM machines. Opening new accounts. The new exchange rate, explaining it. All that stuff.
2-24-2021 Newshound/Intel Guru Mnt Goat Article: "OIL DEMAND EXPECTED TO PEAK AND $150 PER BARREL PRICE EXPECTED" ...the price of oil does affect the budget and the rate at which the dinar will revalue at. Remember that there is going to be an in-country RV first as they proceed with the project to delete the zeros simultaneously and then later (much sooner than later) there is going to be a reinstatement of the dinar. So, there are two different rates to consider. We are outside Iraq and so the rate we consider is only at what rate the banks in our country will offer to exchange our dinar at. This bank rate will most likely be 2 or 3 times the rate offered in Iraq.
2-24-2021 Newshound Guru Jeff Iraq is walking in Kuwait's footsteps. Kuwait reinstated their currency on March 21, 1991 on Sunday...Iraq is transitioning to the same original fiscal year exactly where they were before the 1990 sanctions. They're going back to their original fiscal period. I already spoke with the Iraqi government so I have confirmed this. I know for a fact Iraq is transitioning. That's why they told you they'll be presenting the budget in just a few months...we are in the best position. History is repeating itself between Iraq and Kuwait...we are very very close to this...
2-24-2021 Intel Guru MarkZ [via PDK] [Which banks will have the best conversion rates?] As it has been explained to me…they are all going to have the same conversion rate. I am told it is a fixed, set price.
2-23-2021 Newshound Guru Clare Article: "The Council of Ministers forms a committee to study the consequences of changing the price of the dollar" THEY ARE, A LOT FARTHER ALONG THEN THEY TELL US! THE MORE WE SEE THESE KINDS OF ARTICLES (EXCHANGE RATE)... AND THE DELETION OF ZEROS ARTICLES...THIS IS ACTUALLY A GOOD THING..IMO.
2-23-2021 Newshound Guru MilitiaMan ...I think the endgame is near. I think we've got a convergence...I'm very excited by what we're seeing...
2-23-2021 Newshound/Intel Guru Mnt Goat Yes, there is hope for an RV sooner than later but the Iraqi 2021-2022 budget will have to be passed first and that is not even scheduled to later this week...
2-23-2021 Intel Guru Frank26 There is a new mechanism that's being applied...this week there was a big campaign just like we told everybody last Monday. 'Get ready. You're gonna see these articles. The CBI is gonna tell the citizens we are now in the process of lifting value by lifting the 3 zero. We're not gonna decrease it anymore. We've got to get you guys ready.' And that's what they're doing. Very very impressive.
2-23-2021 Newshound Guru Breitling [Question: Can you tell us if we're still in a good place with this investment? Just wondering since Biden undid some of the things Trump put in place. Did this help this investment or hinder it?] It didn't do anything. Iraq had a game plan if Trump won and they had a game plan if Biden won. BTW that's how all governments work...you should have a plan no matter how confident you are in a candidate. No matter how it turns out. You have to have a plan for one side and a plan for the other side. Don't ever be lazy...this has not hindered our investment one way or the other I promise you that...
2-23-2021 Newshound/Intel Guru Mnt Goat ...there is still much hope to see the reinstatement sooner than later. Yes, we may not have to wait until 2022. There is so much pressure to delete the zeros and raise the rate to be competitive to the US dollar and re-peg the dinar.
2-23-2021 Intel Guru MarkZ [via PDK] I feel like it’s going to be a great day. I am getting a lot of chatter about tonight and tomorrow…i hope it’s accurate...
2-23-2021 Intel Guru BobTheTaxMan Even though you may have put a plan together earlier it would still serve for you to reconsider that because the estate taxes have changes. The income taxes have changes. There are so many things that have happened you have to relook at what you're doing...we are coming to what I...feel is the conclusion of this particular investment opportunity. If you're not prepared there's no recovering. There are certain things that have got to be done before the RV. No ifs, ands, maybes or buts...we don't know the rate. We don't know the date...be prepared no matter what happens... [post 2 of 2] [Note: Always consult your tax professionals at the appropriate time]
2-23-2021 Intel Guru BobTheTaxMan We've had a change in our presidential administration. And yes we've seen already him step forward and make some pretty drastic changes...one of the things I want you to be aware of you always have to have a plan. Plan A. Plan B. Under Plan A if Trump had continued to be where he was at we as IQD holders were in a phenomenal position. I mean holy cow you couldn't of dreamed and asked for anything better than what that tax situation was providing us as investors. Now it's changed. [post 1 of 2...stay tuned]. [Note: Always consult your tax professionals at the appropriate time]
2-23-2021 Newshound Guru Jeff Vietnam and none of these other currencies are going to go at this time right now. There's only going to be one currency changing value. That's going to be the dinar. No other currencies are going at this time. When Iraq does it, it will just be Iraq...Vietnam is not prepared to go.
2-23-2021 Intel Guru MarkZ [via PDK] [Have you heard they are deleting the zeros?] This is how it has worked in the past-in all countries that have revalued…this is how its going to work this time…this is how it has worked in Kuwait…in Japan…in Germany…this is how it worked 3 times in the past in Iraq. They raise the value then they get rid of the bills that have all the zeros…its called deleting the zeros and everybody panics when they hear this…do not…. Going through the articles over the last couple of weeks they talk about raising the value and then removing the zeros. So the value goes up and the zeros go away. Lets keep the math as simple as possible. Lets say the dinar goes to $1. That means your 25,000 note would be worth $25,000 dollars...
2-23-2021 Newshound Guru MilitiaMan ...I think the endgame is near. I think we've got a convergence...I'm very excited by what we're seeing...
2-23-2021 Newshound/Intel Guru Mnt Goat Yes, there is hope for an RV sooner than later but the Iraqi 2021-2022 budget will have to be passed first and that is not even scheduled to later this week...
2-23-2021 Intel Guru Frank26 There is a new mechanism that's being applied...this week there was a big campaign just like we told everybody last Monday. 'Get ready. You're gonna see these articles. The CBI is gonna tell the citizens we are now in the process of lifting value by lifting the 3 zero. We're not gonna decrease it anymore. We've got to get you guys ready.' And that's what they're doing. Very very impressive.
2-23-2021 Newshound Guru Breitling [Question: Can you tell us if we're still in a good place with this investment? Just wondering since Biden undid some of the things Trump put in place. Did this help this investment or hinder it?] It didn't do anything. Iraq had a game plan if Trump won and they had a game plan if Biden won. BTW that's how all governments work...you should have a plan no matter how confident you are in a candidate. No matter how it turns out. You have to have a plan for one side and a plan for the other side. Don't ever be lazy...this has not hindered our investment one way or the other I promise you that...
2-23-2021 Newshound/Intel Guru Mnt Goat ...there is still much hope to see the reinstatement sooner than later. Yes, we may not have to wait until 2022. There is so much pressure to delete the zeros and raise the rate to be competitive to the US dollar and re-peg the dinar.
2-23-2021 Intel Guru MarkZ [via PDK] I feel like it’s going to be a great day. I am getting a lot of chatter about tonight and tomorrow…i hope it’s accurate...
2-23-2021 Intel Guru BobTheTaxMan Even though you may have put a plan together earlier it would still serve for you to reconsider that because the estate taxes have changes. The income taxes have changes. There are so many things that have happened you have to relook at what you're doing...we are coming to what I...feel is the conclusion of this particular investment opportunity. If you're not prepared there's no recovering. There are certain things that have got to be done before the RV. No ifs, ands, maybes or buts...we don't know the rate. We don't know the date...be prepared no matter what happens... [post 2 of 2] [Note: Always consult your tax professionals at the appropriate time]
2-23-2021 Intel Guru BobTheTaxMan We've had a change in our presidential administration. And yes we've seen already him step forward and make some pretty drastic changes...one of the things I want you to be aware of you always have to have a plan. Plan A. Plan B. Under Plan A if Trump had continued to be where he was at we as IQD holders were in a phenomenal position. I mean holy cow you couldn't of dreamed and asked for anything better than what that tax situation was providing us as investors. Now it's changed. [post 1 of 2...stay tuned]. [Note: Always consult your tax professionals at the appropriate time]
2-23-2021 Newshound Guru Jeff Vietnam and none of these other currencies are going to go at this time right now. There's only going to be one currency changing value. That's going to be the dinar. No other currencies are going at this time. When Iraq does it, it will just be Iraq...Vietnam is not prepared to go.
2-23-2021 Intel Guru MarkZ [via PDK] [Have you heard they are deleting the zeros?] This is how it has worked in the past-in all countries that have revalued…this is how its going to work this time…this is how it has worked in Kuwait…in Japan…in Germany…this is how it worked 3 times in the past in Iraq. They raise the value then they get rid of the bills that have all the zeros…its called deleting the zeros and everybody panics when they hear this…do not…. Going through the articles over the last couple of weeks they talk about raising the value and then removing the zeros. So the value goes up and the zeros go away. Lets keep the math as simple as possible. Lets say the dinar goes to $1. That means your 25,000 note would be worth $25,000 dollars...
2-22-2021 Newshound Guru Clare [new Guru] Article: "To the executive branch to the Central Bank of Iraq" Quotes: "A new exchange rate is required for the Iraqi dinar towards the US dollar, which is one dinar equals one US dollar...; "...in the future to return a new exchange rate Each dinar equals $3, as it was..." THIS IS AN AWESOME ARTICLE...THE 3 ZEROS WILL BE REMOVED FROM BOTH (NOTES & EXCHANGE RATE)- HENCE IN THE ARTICLE IT SAYS "and according to the new exchange rate 1000 dinars equals 1000 US dollars," THAT IS A 1 to 1 EXCHANGE RATE RIGHT THERE IN IRAQ...imo.
2-22-2021 Newshound Guru Breitling [Question: What do you think the dinar can revalue at if it revalues in the next few months...Is March/April still the target date for revalue?] ...It's between .55 and .66 cents. .55/.66 cents was before the oil markets took a big hit...as far as a time frame from what Iraq is looking at - remember they wanted to devalue their currency, renegotiate on paying back their loans at a cheaper rate and then see where they're at and hit that milestone in April. That's exactly what their words are. Meaning, what can they do. How are they going to treat the currency. That's not off the table. That's still there. That means a lot for you and me.
2-22-2021 Newshound Guru MilitiaMan Article: "The Iraqi Interior Minister arrives in Saudi Arabia at the head of a high-level delegation" Quote: "Without disclosing the purpose of the visit, which had not been announced previously." [Perhaps they are there as part of the launch of the new electronic payment system (QFS). BTW, set for launch today...] Perhaps...I would say your spot on. Things of this nature are not by coincidence, they are by design and a purpose...imo...
2-22-2021 Intel Guru MarkZ [via PDK] Well, everybody is staying in position. I talked to a couple of folks…paymasters and group leaders…and they are being asked to stay in position until the end of the first week of March...some people would like to leave…yes…and one person that I speak to regularly approached management of a bank (with 2 letters) and said he was tired of sitting here. He was told point blank to stay in place…that this thing is imminent…so I am not worried.
2-22-2021 Newshound Guru Jeff When the rate does change Iraq will...have large 3 zero notes and smaller notes...the lager 3 zero notes and the new smaller notes are all still being as IQD. Nothing is replacing anything. Nothing is being cancelled out. What will happen over a period of time is the large 3 zero notes will be removed and withdrawn from circulation...when the rate changes...you're going to have large notes and small notes in circulation together at the same time sharing the same new increased exchange rate...that's how we get blessed from this...
2-22-2021 Intel Guru Footforward [I thought the dinar must be sent to the US Treasury for exchange? Possibly a 10 day turn-a-round to clear our accounts. Most likely the banks will exchange a small amount into cash, maybe 10K...] ...they have the ability to verify in house...they won't give us tons of cash, but a 10 day turn around...if they have to send everything to the UST, what a nightmare... The treasury will keep the dinar. I don't question that. The treasury will be sending it back to the Central Bank of Iraq...
2-22-2021 Newshound Guru MilitiaMan Article: "Advisor Al-Kazemi: Iraq is on the edges of economic recovery in two areas?..." Quote: "It was also "expressed" in the white paper recently approved by the Council of Ministers by establishing a blueprint and an institutional entity (for economic reform), which is the linchpin of this developmental sustainability." Looks like Iraq has been given the GREEN LIGHT!! ...I like the use of the word expressed...It means to me they have a mechanism that has an expression to it. As in an international way of expressing their mechanism or exchange rate to the world that is in the white paper recently. They'll need it as it is the CORNER STONE or foundation of the reconstruction effort and the overall country's reforms going forward...Imo. Game is about to kick off. imo.
2-22-2021 Newshound Guru Breitling [Question: What do you think the dinar can revalue at if it revalues in the next few months...Is March/April still the target date for revalue?] ...It's between .55 and .66 cents. .55/.66 cents was before the oil markets took a big hit...as far as a time frame from what Iraq is looking at - remember they wanted to devalue their currency, renegotiate on paying back their loans at a cheaper rate and then see where they're at and hit that milestone in April. That's exactly what their words are. Meaning, what can they do. How are they going to treat the currency. That's not off the table. That's still there. That means a lot for you and me.
2-22-2021 Newshound Guru MilitiaMan Article: "The Iraqi Interior Minister arrives in Saudi Arabia at the head of a high-level delegation" Quote: "Without disclosing the purpose of the visit, which had not been announced previously." [Perhaps they are there as part of the launch of the new electronic payment system (QFS). BTW, set for launch today...] Perhaps...I would say your spot on. Things of this nature are not by coincidence, they are by design and a purpose...imo...
2-22-2021 Intel Guru MarkZ [via PDK] Well, everybody is staying in position. I talked to a couple of folks…paymasters and group leaders…and they are being asked to stay in position until the end of the first week of March...some people would like to leave…yes…and one person that I speak to regularly approached management of a bank (with 2 letters) and said he was tired of sitting here. He was told point blank to stay in place…that this thing is imminent…so I am not worried.
2-22-2021 Newshound Guru Jeff When the rate does change Iraq will...have large 3 zero notes and smaller notes...the lager 3 zero notes and the new smaller notes are all still being as IQD. Nothing is replacing anything. Nothing is being cancelled out. What will happen over a period of time is the large 3 zero notes will be removed and withdrawn from circulation...when the rate changes...you're going to have large notes and small notes in circulation together at the same time sharing the same new increased exchange rate...that's how we get blessed from this...
2-22-2021 Intel Guru Footforward [I thought the dinar must be sent to the US Treasury for exchange? Possibly a 10 day turn-a-round to clear our accounts. Most likely the banks will exchange a small amount into cash, maybe 10K...] ...they have the ability to verify in house...they won't give us tons of cash, but a 10 day turn around...if they have to send everything to the UST, what a nightmare... The treasury will keep the dinar. I don't question that. The treasury will be sending it back to the Central Bank of Iraq...
2-22-2021 Newshound Guru MilitiaMan Article: "Advisor Al-Kazemi: Iraq is on the edges of economic recovery in two areas?..." Quote: "It was also "expressed" in the white paper recently approved by the Council of Ministers by establishing a blueprint and an institutional entity (for economic reform), which is the linchpin of this developmental sustainability." Looks like Iraq has been given the GREEN LIGHT!! ...I like the use of the word expressed...It means to me they have a mechanism that has an expression to it. As in an international way of expressing their mechanism or exchange rate to the world that is in the white paper recently. They'll need it as it is the CORNER STONE or foundation of the reconstruction effort and the overall country's reforms going forward...Imo. Game is about to kick off. imo.
2-21-2021 Newshound Guru Pimpy Article: "Mazhar Salih: Iraq is on the brink of economic recovery" Yeah, just that quick. Magically what are we seven weeks into the year - we went from having huge deficits to now we're already in the recovery? ...it's almost already close enough to start slowly but surely rising the value of the dinar to its true value. That's just my opinion...
2-21-2021 Intel Guru Footforward I'm happy to exchange all of my dinar for anything over 3.50...catch it because it's going to be too fast...they make it sound like everyone caught a $9 rate on Kuwait dinar when in fact very few of any actually caught that outside of forex...
2-21-2021 Newshound Guru MilitiaMan Article: "Parliamentary Finance Explains The Reasons For The Delay In Paying Employees' Salaries" Quotes: "salaries will not be delayed this month or the coming months and they are fully insured." ; "...the delay that accompanies the payment of salaries every month is borne by the Accounting Department at the Ministry of Finance for its reliance on old mechanisms in banking transactions..." This sure looks like there is a consensus in that they know a new mechanism is coming into play. Modern is not in the old but new mechanism. Well that to me suggest they are to pay in a timely manner with a new rate (mechanism) in the future. A mechanism applied in such a manner that fully insures payments will be on time and not delayed any longer. Thereby, we can deduce they have a digital system coming into play. Probably one that will interlink with not only internal transactions but, regionally and globally...imo. I like it...
2-21-2021 Intel Guru Frank26 If you go to a bank to exchange your dinars then they convince you - 'Would you like to deposit your capital gains in our bank? We have wealth managers who can advise you. We have may packages and many services. Would you like to do that?' And you say to them. sure...Banks in the U.S. they insure you. It's called FDIC. That's the insurance to cover your money in case it's stolen, burnt, lost or whatever it may be. The insurance for FDIC is only $250k. If you cashed out 1 million dollars worth and you deposit it into their bank account you want to ask them how much of my currency that I just put into your bank is insured? If you deposit a million - three quarters of a million will not be insured. You may say 'so what." Trust me you want to insure your money... [Note: Speak to your financial advisors at the appropriate time to protect you and your family's financial future.]
2-21-2021 Newshound Guru Pimpy ...something is definitely happening... March seems to be the month. What "it" is I'm not 100% sure. I'm monitoring all the chatter amongst those who know and trying to get definite details that I can prove. All I know is there's a lot of scurrying going on and everything seems to be pointing towards the month of March. What it is I don't know and that's frustrating because even the people I rely on that do know - even they don't know. They just know something is coming up. I'm not trying to get people overly hyped or really excited. What I'm trying to say is we have no idea what it it is. It might be good it might be bad. I'm trying to find out for you guys...
2-21-2021 Newshound Guru Jeff Article: "Mazhar Salih: Iraq is on the bring of economic recovery" ...He's the former number 2 man of the central bank...when the central bank talk that's when you listen...I told you from when Iraq completed that Borrowing Law they could change the rate at any time...they were walking you into the season of the rate change. This article confirms you're there...the rate change reduction...December 20th. What they revealed to you is they had a specific goal that had to be reached in a specific amount of time. That's why they had to do it on December 20th...they implemented a 90-day tool to reduce the note count in the country of Iraq to get the 3 zero notes out of circulation. They needed 90 days on that...for it to be effective and get more than enough notes out of circulation...
2-21-2021 Intel Guru Footforward [...Why does everyone keep saying we will only have a short time to exchange?...] Iraq is not going to sit around forever to wait for these notes to come in. They want to get them in as quickly as possible. I believe the rate will be good...
2-21-2021 Intel Guru Footforward I'm happy to exchange all of my dinar for anything over 3.50...catch it because it's going to be too fast...they make it sound like everyone caught a $9 rate on Kuwait dinar when in fact very few of any actually caught that outside of forex...
2-21-2021 Newshound Guru MilitiaMan Article: "Parliamentary Finance Explains The Reasons For The Delay In Paying Employees' Salaries" Quotes: "salaries will not be delayed this month or the coming months and they are fully insured." ; "...the delay that accompanies the payment of salaries every month is borne by the Accounting Department at the Ministry of Finance for its reliance on old mechanisms in banking transactions..." This sure looks like there is a consensus in that they know a new mechanism is coming into play. Modern is not in the old but new mechanism. Well that to me suggest they are to pay in a timely manner with a new rate (mechanism) in the future. A mechanism applied in such a manner that fully insures payments will be on time and not delayed any longer. Thereby, we can deduce they have a digital system coming into play. Probably one that will interlink with not only internal transactions but, regionally and globally...imo. I like it...
2-21-2021 Intel Guru Frank26 If you go to a bank to exchange your dinars then they convince you - 'Would you like to deposit your capital gains in our bank? We have wealth managers who can advise you. We have may packages and many services. Would you like to do that?' And you say to them. sure...Banks in the U.S. they insure you. It's called FDIC. That's the insurance to cover your money in case it's stolen, burnt, lost or whatever it may be. The insurance for FDIC is only $250k. If you cashed out 1 million dollars worth and you deposit it into their bank account you want to ask them how much of my currency that I just put into your bank is insured? If you deposit a million - three quarters of a million will not be insured. You may say 'so what." Trust me you want to insure your money... [Note: Speak to your financial advisors at the appropriate time to protect you and your family's financial future.]
2-21-2021 Newshound Guru Pimpy ...something is definitely happening... March seems to be the month. What "it" is I'm not 100% sure. I'm monitoring all the chatter amongst those who know and trying to get definite details that I can prove. All I know is there's a lot of scurrying going on and everything seems to be pointing towards the month of March. What it is I don't know and that's frustrating because even the people I rely on that do know - even they don't know. They just know something is coming up. I'm not trying to get people overly hyped or really excited. What I'm trying to say is we have no idea what it it is. It might be good it might be bad. I'm trying to find out for you guys...
2-21-2021 Newshound Guru Jeff Article: "Mazhar Salih: Iraq is on the bring of economic recovery" ...He's the former number 2 man of the central bank...when the central bank talk that's when you listen...I told you from when Iraq completed that Borrowing Law they could change the rate at any time...they were walking you into the season of the rate change. This article confirms you're there...the rate change reduction...December 20th. What they revealed to you is they had a specific goal that had to be reached in a specific amount of time. That's why they had to do it on December 20th...they implemented a 90-day tool to reduce the note count in the country of Iraq to get the 3 zero notes out of circulation. They needed 90 days on that...for it to be effective and get more than enough notes out of circulation...
2-21-2021 Intel Guru Footforward [...Why does everyone keep saying we will only have a short time to exchange?...] Iraq is not going to sit around forever to wait for these notes to come in. They want to get them in as quickly as possible. I believe the rate will be good...
2-20-2021 Newshound Guru MilitiaMan ...from the articles out about the White Papers and having the extreme pressure to alleviate the pain of 1460...The change to another era is just as important now than ever. In my view, there is no going back... imo A good thing...imo.
2-20-2021 Newshound Guru Breitling There is a whole group of people that plan on storing their wealth in cryptocurrencies for the rest of their life. I can promise you it's not going to happen. Sooner or later it's going to hurt the supply x velocity of the U.S. dollar and it's going to get shut down...what actually adds value behind a cryptocurrency? nothing...What country is backing their local currency with bitcoin? It doesn't exist...That's all you need to know...What can you buy with the cryptocurrencies? You can't...you can't pay bills with it. You can't pay medical bills with it. You can't go buy a car with it...I'm not telling people not to get into it..But I'm telling you there is a wall and that risk is too big... [Post 2 of 2]
2-20-2021 Newshound Guru Breitling [What if we would have our money into bitcoin instead of IQD?] ...I'm not against cryptocurrencies. It's a great way to store value. But there's a huge risk here...What adds value to the bitcoin? No body knows...they just shut all cryptocurrencies off in India ...Because they noticed that the supply x velocity of their local currency was going down. They traced it to people investing in bitcoin...that's exactly what the United States is going to do. I don't know when that is because there are so many U.S. dollars out there...If they get shut off you're not going to be able to exchange it for anything else. You are stuck...That's one of the most riskiest things I can think of... [Post 1 of 2...stay tuned]
2-20-2021 Intel Guru Bruce [via WiserNow] ...I know that Iraq did pass their budget – they did everything they were supposed to do and yet I do not believe that rate is going to be put out yet – but I know they are prepared to - there is the timing - to that alone – they are not going to put it out until they are ready to get started...I am excited we are about ready to get started...
2-20-2021 Newshound Guru Jeff Article: "To the executive branch to the Central Bank of Iraq" This article is not from the Central Bank of Iraq...you can only trust and believe what the central bank tells you. Not these other groups...
2-20-2021 Newshound Guru Pimpy ...I don't mind a 1 for 1 rate but you definitely don't want them to lop off the zeros and devalue the currency that we are holding...we want the zeros removed off the rate. Quote: "...work in the future to return a new exchange rate each dinar equals $3 as it was previously." Not too shabby...I'm cheering that on. I don't like the lopping the zeros...don't get me wrong, I do want to make money off the Iraqi dinar...but I just can't stand to see an entire nation getting their ass ripped off by these global interest groups... [Post 2 of 2]
2-20-2021 Newshound Guru Pimpy Article: "To the executive branch to the Central Bank of Iraq". Quote: "the new exchange rate is required for the Iraqi dinar towards U.S. dollar which is 1 dinar equals 1 U.S. dollar. That requires deleting the three zeros." That screws us by the way. Quote: "for example the 1000 dinar becomes the Iraqi dinar." In other words what they're saying, if you delete the zeros the one thousand dinar would be equivalent to one U.S. dollar. 1 for 1...that means my 5 million dinars turns into 5000 dinars and at a 1 for 1 rate I would exchange my 5000 dinars and get 5000 dollars. That's what's being suggested here... [Post 1 of 2....stay tuned]
2-20-2021 Newshound Guru Jeff Article: "The Iraqi Parliament talks about the government's presentation of a "new budget" in the coming months" Iraq's telling us they're probably going to finish their budget by sometime next week. So if they're going to finish their budget why do they need to introduce the budget in the coming months? It's because they have the same exact fiscal year as Kuwait - April through March. This is more confirming information...I know this for a fact because I've reached out and contacted the government of Iraq. I have a contact in the government of Iraq that I'm able to talk to...everything is right on track and on time...we're looking good...
2-20-2021 Intel Guru Bruce [via WiserNow] ...I did not anticipate anything for us to start this week...However…I am hearing from certain of our top bank that we are looking very strongly for a Tuesday start... I think somewhere between Monday afternoon and Tuesday morning we should be able to have the email notifications and quite possibly the toll free numbers – So that is the tentative schedule/ timeline...
2-20-2021 Newshound Guru MilitiaMan Articles: "The Kurdish delegation reveals the latest results of its negotiations with Baghdad on the budget" ; The Kurdistan government confirms that a quasi-agreement has been reached between Baghdad and Erbil" It looks to me like they have a deal since 12/2020 and now seem to be hammering out past arrears. ...Looks like they have a new formula to use too. It goes to the thinking that a new formula is based of a future exchange rate differential. They will have to have be part of the electronic system at the borders to exclusively to the non oil revenues to the treasury. Sure looks like...a digital requirement... A level playing field... They sure seem to suggest that they will have this sorted this next week or between now and then anyway...We shall see...
2-20-2021 Newshound Guru Breitling There is a whole group of people that plan on storing their wealth in cryptocurrencies for the rest of their life. I can promise you it's not going to happen. Sooner or later it's going to hurt the supply x velocity of the U.S. dollar and it's going to get shut down...what actually adds value behind a cryptocurrency? nothing...What country is backing their local currency with bitcoin? It doesn't exist...That's all you need to know...What can you buy with the cryptocurrencies? You can't...you can't pay bills with it. You can't pay medical bills with it. You can't go buy a car with it...I'm not telling people not to get into it..But I'm telling you there is a wall and that risk is too big... [Post 2 of 2]
2-20-2021 Newshound Guru Breitling [What if we would have our money into bitcoin instead of IQD?] ...I'm not against cryptocurrencies. It's a great way to store value. But there's a huge risk here...What adds value to the bitcoin? No body knows...they just shut all cryptocurrencies off in India ...Because they noticed that the supply x velocity of their local currency was going down. They traced it to people investing in bitcoin...that's exactly what the United States is going to do. I don't know when that is because there are so many U.S. dollars out there...If they get shut off you're not going to be able to exchange it for anything else. You are stuck...That's one of the most riskiest things I can think of... [Post 1 of 2...stay tuned]
2-20-2021 Intel Guru Bruce [via WiserNow] ...I know that Iraq did pass their budget – they did everything they were supposed to do and yet I do not believe that rate is going to be put out yet – but I know they are prepared to - there is the timing - to that alone – they are not going to put it out until they are ready to get started...I am excited we are about ready to get started...
2-20-2021 Newshound Guru Jeff Article: "To the executive branch to the Central Bank of Iraq" This article is not from the Central Bank of Iraq...you can only trust and believe what the central bank tells you. Not these other groups...
2-20-2021 Newshound Guru Pimpy ...I don't mind a 1 for 1 rate but you definitely don't want them to lop off the zeros and devalue the currency that we are holding...we want the zeros removed off the rate. Quote: "...work in the future to return a new exchange rate each dinar equals $3 as it was previously." Not too shabby...I'm cheering that on. I don't like the lopping the zeros...don't get me wrong, I do want to make money off the Iraqi dinar...but I just can't stand to see an entire nation getting their ass ripped off by these global interest groups... [Post 2 of 2]
2-20-2021 Newshound Guru Pimpy Article: "To the executive branch to the Central Bank of Iraq". Quote: "the new exchange rate is required for the Iraqi dinar towards U.S. dollar which is 1 dinar equals 1 U.S. dollar. That requires deleting the three zeros." That screws us by the way. Quote: "for example the 1000 dinar becomes the Iraqi dinar." In other words what they're saying, if you delete the zeros the one thousand dinar would be equivalent to one U.S. dollar. 1 for 1...that means my 5 million dinars turns into 5000 dinars and at a 1 for 1 rate I would exchange my 5000 dinars and get 5000 dollars. That's what's being suggested here... [Post 1 of 2....stay tuned]
2-20-2021 Newshound Guru Jeff Article: "The Iraqi Parliament talks about the government's presentation of a "new budget" in the coming months" Iraq's telling us they're probably going to finish their budget by sometime next week. So if they're going to finish their budget why do they need to introduce the budget in the coming months? It's because they have the same exact fiscal year as Kuwait - April through March. This is more confirming information...I know this for a fact because I've reached out and contacted the government of Iraq. I have a contact in the government of Iraq that I'm able to talk to...everything is right on track and on time...we're looking good...
2-20-2021 Intel Guru Bruce [via WiserNow] ...I did not anticipate anything for us to start this week...However…I am hearing from certain of our top bank that we are looking very strongly for a Tuesday start... I think somewhere between Monday afternoon and Tuesday morning we should be able to have the email notifications and quite possibly the toll free numbers – So that is the tentative schedule/ timeline...
2-20-2021 Newshound Guru MilitiaMan Articles: "The Kurdish delegation reveals the latest results of its negotiations with Baghdad on the budget" ; The Kurdistan government confirms that a quasi-agreement has been reached between Baghdad and Erbil" It looks to me like they have a deal since 12/2020 and now seem to be hammering out past arrears. ...Looks like they have a new formula to use too. It goes to the thinking that a new formula is based of a future exchange rate differential. They will have to have be part of the electronic system at the borders to exclusively to the non oil revenues to the treasury. Sure looks like...a digital requirement... A level playing field... They sure seem to suggest that they will have this sorted this next week or between now and then anyway...We shall see...
2-19-2021 Intel Guru Bruce [via WiserNow] ...We were really looking at getting started early this week...BUT…that didn’t happen...had we not had the snow and this ultra freezing cold... Especially look at Texas – with between 4-5 million people without power – and...Texas had the largest number of currency...OF ANY STATE...the point is…redemption centers could not all be open...286 banks and redemption centers...nationwide... were not answering a ping to them...In other words they were not open – they did not have juice...I don’t know if everyone is back on line yet...the weather - it really threw a monkey wrench into this thing...
2-19-2021 Newshound Guru Pimpy Article: "Brent oil to $64" ...I love this! $80 before summertime. That's what I'm predicting...Let's hope that's accurate because it's going to help them [Iraq] big-time...this is good because this means there's more money they can use to go out to the private sectors to start producing more jobs...$64 a barrel of course that's good news...we'll keep an eye on this.
2-19-2021 Intel Guru Frank26 Quote: "Al-Rafidain Bank announced today, Thursday, that it has withdrawn from Article seven that was previously imposed on it...the exit decision came after fulling all the financial obligations to international financial institutions..." They're telling you they are not at a program rate anymore...this is stupendous. This is immeasurable...[this article] explains why they're not handcuffed anymore. It explains why they are article 8. It explains why they're international. Soon they'll explain why their currency is international because they lifted the 3 zeros... [post 2 of 2]
2-19-2021 Intel Guru Frank26 Article: "Al-Rafidain Bank Leaves The Seventh Item" How many times have I told you Iraq is Article VIII? Since January 2018 because that's when I told you they started using a second set of books...we have an article from the IMF that said very clearly that yes Iraq is Article 8 because we're allowing them to use "mechanisms" of Article 8 for their monetary and economic reform... [post 1 of 2...stay tuned]
2-19-2021 Intel Guru MarkZ [PDK] [The RV is gonna happen in Iraq before we can cash in in the US.] Along those lines: They are openly talking about it in Iraq… Here they are talking about raising the rate on par with the US dollar. It is not a secret now and we are close…they are openly talking about raising the value...I am expecting it very soon now. We could get the call at any minute… I think we are really that close…
2-19-2021 Intel Guru Bruce [via WiserNow] Now did the weather slow us down? I think it is quite possible...look...we had over 4 million people in Texas without electricity...that had to affect not only the individual but people working...redemption centers...banks...could have been under a black out situation...
2-19-2021 Newshound Guru Jeff What are we waiting on? Who do we listen to? The CBI. What did the CBI tell us? Years ago the CBI told us that we're waiting on a fiscal budget year before that rate is going to change. When the CBI talks we listen. When does Iraq's fiscal year start? Google tells us it's January...Google and the internet are incorrect...the last data Iraq revealed publicly for a fiscal year came form the last budget they did, which was 2019. When you google Iraq's fiscal year you're seeing old data from 2019 because Iraq never did a 2020 budget. That data about the country's fiscal years comes from the last page of their budget.
2-19-2021 Newshound/Intel Gurus Walkingstick and Frank26 This time-frame will actually be a good amount of time. It's not like it will be a few days or a few weeks. It will be a few months. They will be given plenty of time. If I was to estimate it will probably be about 6 months. Does it affect you? Not at all...time will be given to the Iraqi citizens. As far as what happens outside of Iraq internationally? We do not believe there will be any affect whatsoever. The reason why, the International world needs the dinars that they have. [Post 2 of 2]
2-19-2021 Newshound/Intel Gurus Walkingstick and Frank26 ...you have to know when to hold'm and when to fold'm...After they raise the value and they introduce the small category notes there's going to be a time-frame for the Iraqi citizens to exchange their notes inside of Iraq...the 25K also has a set time in which the Iraqi citizens can exchange it - anything after that null and void for them. "Just inside?" Yes. So there's a set time in which the Iraqi citizens will have to exchange their 3 zero notes to pick up their 250, 500, 1000 notes that have already been printed...there is also a very specific time-frame for them to exchange the higher notes like the 25k notes. [post 1 of 2....stay tuned]
2-19-2021 Newshound Guru MilitiaMan Article quote: "Following the successful completion of trials, the digital transactions scheme will be activated with participating banks on Feb. 21, according to Asharq Business." they are to have internal digital payments on 02/21/2021. Keep in mind they connected to the BUNA system too. The Buna system is digital as well. Iraq's border's were to be digital or electronic on 01/15/2021. ...A level playing field has a digital signature all over it... imo... I like what I see and soon to be even better!! All of the afore is not a coincidence... It is imo by design.
2-19-2021 Newshound Guru Pimpy Article: "Brent oil to $64" ...I love this! $80 before summertime. That's what I'm predicting...Let's hope that's accurate because it's going to help them [Iraq] big-time...this is good because this means there's more money they can use to go out to the private sectors to start producing more jobs...$64 a barrel of course that's good news...we'll keep an eye on this.
2-19-2021 Intel Guru Frank26 Quote: "Al-Rafidain Bank announced today, Thursday, that it has withdrawn from Article seven that was previously imposed on it...the exit decision came after fulling all the financial obligations to international financial institutions..." They're telling you they are not at a program rate anymore...this is stupendous. This is immeasurable...[this article] explains why they're not handcuffed anymore. It explains why they are article 8. It explains why they're international. Soon they'll explain why their currency is international because they lifted the 3 zeros... [post 2 of 2]
2-19-2021 Intel Guru Frank26 Article: "Al-Rafidain Bank Leaves The Seventh Item" How many times have I told you Iraq is Article VIII? Since January 2018 because that's when I told you they started using a second set of books...we have an article from the IMF that said very clearly that yes Iraq is Article 8 because we're allowing them to use "mechanisms" of Article 8 for their monetary and economic reform... [post 1 of 2...stay tuned]
2-19-2021 Intel Guru MarkZ [PDK] [The RV is gonna happen in Iraq before we can cash in in the US.] Along those lines: They are openly talking about it in Iraq… Here they are talking about raising the rate on par with the US dollar. It is not a secret now and we are close…they are openly talking about raising the value...I am expecting it very soon now. We could get the call at any minute… I think we are really that close…
2-19-2021 Intel Guru Bruce [via WiserNow] Now did the weather slow us down? I think it is quite possible...look...we had over 4 million people in Texas without electricity...that had to affect not only the individual but people working...redemption centers...banks...could have been under a black out situation...
2-19-2021 Newshound Guru Jeff What are we waiting on? Who do we listen to? The CBI. What did the CBI tell us? Years ago the CBI told us that we're waiting on a fiscal budget year before that rate is going to change. When the CBI talks we listen. When does Iraq's fiscal year start? Google tells us it's January...Google and the internet are incorrect...the last data Iraq revealed publicly for a fiscal year came form the last budget they did, which was 2019. When you google Iraq's fiscal year you're seeing old data from 2019 because Iraq never did a 2020 budget. That data about the country's fiscal years comes from the last page of their budget.
2-19-2021 Newshound/Intel Gurus Walkingstick and Frank26 This time-frame will actually be a good amount of time. It's not like it will be a few days or a few weeks. It will be a few months. They will be given plenty of time. If I was to estimate it will probably be about 6 months. Does it affect you? Not at all...time will be given to the Iraqi citizens. As far as what happens outside of Iraq internationally? We do not believe there will be any affect whatsoever. The reason why, the International world needs the dinars that they have. [Post 2 of 2]
2-19-2021 Newshound/Intel Gurus Walkingstick and Frank26 ...you have to know when to hold'm and when to fold'm...After they raise the value and they introduce the small category notes there's going to be a time-frame for the Iraqi citizens to exchange their notes inside of Iraq...the 25K also has a set time in which the Iraqi citizens can exchange it - anything after that null and void for them. "Just inside?" Yes. So there's a set time in which the Iraqi citizens will have to exchange their 3 zero notes to pick up their 250, 500, 1000 notes that have already been printed...there is also a very specific time-frame for them to exchange the higher notes like the 25k notes. [post 1 of 2....stay tuned]
2-19-2021 Newshound Guru MilitiaMan Article quote: "Following the successful completion of trials, the digital transactions scheme will be activated with participating banks on Feb. 21, according to Asharq Business." they are to have internal digital payments on 02/21/2021. Keep in mind they connected to the BUNA system too. The Buna system is digital as well. Iraq's border's were to be digital or electronic on 01/15/2021. ...A level playing field has a digital signature all over it... imo... I like what I see and soon to be even better!! All of the afore is not a coincidence... It is imo by design.
2-18-2021 Newshound Guru Pimpy Article: "Significant increase in the central bank's sales of hard currency" ...that is a good sign...this helps build up their foreign currency assets...if you want to have strength in the dinar or any type of confidence in the dinar you have to do something to prop it up. You got to get people's confidence back in it. I'm anticipating there being this year 2021 the value of the dinar going up in increments. Not all at one time. They're gonna have to see how it affects the economy as it goes along...
2-18-2021 Newshound Guru MilitiaMan The IMF said there would be a change the rate in the fiscal year of 2020 and they did one on 12/20/2020 and then said to the effect that they may/will also do it again in early 2021...just because the first month is over doesn't mean within the first quarter is over yet, which is and can be still considered as being early 2021, imo... The suggesting of reaching out to July is unfounded in my view, as I see nothing to support that.
2-18-2021 Intel Guru Bruce [via WiserNow] We know that certain exchanges of currency for dinar, dong and Afghani had been taking place for days now...and a lot of this is in conjunction with the contract between Iraq and the United States for people returning to Iraq...they are going to use those people to rebuild that country and so this is something that we’re aware of...we know that these are ongoing...we’ve been doing this for a couple weeks or more...and its all good...
2-18-2021 Newshound/Intel Gurus Walkingstick and Frank26 They [the IMF and CBI at this Saturday's meeting] talked about the monetary reform in its entirety - from the beginning to the end. They talked about the new small category notes. Not only the date in which they will release them but the number of the note count...the value of the notes...the Iraqi dinar currency at an international level so it can be convertible. Wow! ...So they talked about the Iraqi currency (the new one that's going to be coming out), how it's going to be international and how it can be convertible. That's great...All these benchmarks IOO have all been agreed upon. Everything from the citizens to the Kurds to the budget to the international investors they all want the new exchange rate to be introduced. They all want this...
2-18-2021 Intel Guru MarkZ [via PDK] I don’t know of anybody who has received any dollars yet…Group leaders and paymasters are still being asked to stay in position…stay ready…in their seats in redemption cities and areas. I reached out to 3 different redemption centers in 2 different states and they have been asked to at least keep a skeleton crew on premise at all times. I do not know what the trigger will be.
2-18-2021 Newshound Guru Pimpy People keep looking for an RI/RV...I think what you'll see is the Iraqi dinar go up in value in increments in short periods of time as they continue to recover and they continue to really start the reconstruction...this could be a pretty quick rebound. You might see this thing jump up fairly quickly...
2-18-2021 Newshound/Intel Guru Mnt Goat Article: "THE PARLIAMENTARY DAWA PARTY BLOC CALLS FOR REDUCING THE DOLLAR EXCHANGE RATE AND INCLUDING THIS IN THE DRAFT FEDERAL BUDGET LAW" so some of the party blocs are even now putting pressure on the GOI to implement measures to raise the value of the dinar over the dollar. The White Paper says they must include the reform of the “project to delete the zeros”.
2-18-2021 Newshound Guru MilitiaMan The IMF said there would be a change the rate in the fiscal year of 2020 and they did one on 12/20/2020 and then said to the effect that they may/will also do it again in early 2021...just because the first month is over doesn't mean within the first quarter is over yet, which is and can be still considered as being early 2021, imo... The suggesting of reaching out to July is unfounded in my view, as I see nothing to support that.
2-18-2021 Intel Guru Bruce [via WiserNow] We know that certain exchanges of currency for dinar, dong and Afghani had been taking place for days now...and a lot of this is in conjunction with the contract between Iraq and the United States for people returning to Iraq...they are going to use those people to rebuild that country and so this is something that we’re aware of...we know that these are ongoing...we’ve been doing this for a couple weeks or more...and its all good...
2-18-2021 Newshound/Intel Gurus Walkingstick and Frank26 They [the IMF and CBI at this Saturday's meeting] talked about the monetary reform in its entirety - from the beginning to the end. They talked about the new small category notes. Not only the date in which they will release them but the number of the note count...the value of the notes...the Iraqi dinar currency at an international level so it can be convertible. Wow! ...So they talked about the Iraqi currency (the new one that's going to be coming out), how it's going to be international and how it can be convertible. That's great...All these benchmarks IOO have all been agreed upon. Everything from the citizens to the Kurds to the budget to the international investors they all want the new exchange rate to be introduced. They all want this...
2-18-2021 Intel Guru MarkZ [via PDK] I don’t know of anybody who has received any dollars yet…Group leaders and paymasters are still being asked to stay in position…stay ready…in their seats in redemption cities and areas. I reached out to 3 different redemption centers in 2 different states and they have been asked to at least keep a skeleton crew on premise at all times. I do not know what the trigger will be.
2-18-2021 Newshound Guru Pimpy People keep looking for an RI/RV...I think what you'll see is the Iraqi dinar go up in value in increments in short periods of time as they continue to recover and they continue to really start the reconstruction...this could be a pretty quick rebound. You might see this thing jump up fairly quickly...
2-18-2021 Newshound/Intel Guru Mnt Goat Article: "THE PARLIAMENTARY DAWA PARTY BLOC CALLS FOR REDUCING THE DOLLAR EXCHANGE RATE AND INCLUDING THIS IN THE DRAFT FEDERAL BUDGET LAW" so some of the party blocs are even now putting pressure on the GOI to implement measures to raise the value of the dinar over the dollar. The White Paper says they must include the reform of the “project to delete the zeros”.
2-17-2021 Intel Guru Bruce [via WiserNow] What’s amazing is that it looks like that once that QF System is completely been active and activated globally – that would give us the go ahead to begin with what it is we’re waiting for...it could be this week but we don’t know for sure... could we have gone before these series of test were completed – I don’t think so - I think that is why we are waiting for that to occur...So hopefully we are almost there with the idea that the stress testing being completed tomorrow [Wednesday] and then we can get moving forward - I know everybody around the globe is anticipating this and so I’m anticipating along with you... [post 2 of 2]
2-17-2021 Intel Guru Bruce [via WiserNow] ...we’ve got some information that’s saying that we have at least a 2 day series of testing – that amounts to stress tests for the banks - yesterday we had a stress test on the banks in the United States through the QF System – and today and tonight and overnight we believe that stress test extended globally to all of the banks around the world to totally stress test the QF System...We know that the system has been activated in some aspects for a while sometime but has not yet fully come on line and become fully activated yet...Our theory is that these stress tests banks are going through are to see how the system will handle the influx of big sums of money from these exchanges globally – so far the system performed beautifully - we will see how they do today and tonight and overnight... [post 1 of 2....stay tuned]
2-17-2021 Intel Guru Frank26 There's actually people who think they're not going to pay any taxes on this. I'm sorry but that's beyond silly...our government knows you're going to make millions and millions and they're going to turn away and say I have no interest in collecting any of that? Beijing Biden is going to destroy you...but there are ways to take care of yourself and I wish you well. [NOTE: At the appropriate time consult with your financial and tax professional so there are no surprises.]
2-17-2021 Newshound Guru Kaperoni Iraq is trying to reform it's economy. This takes time. There is no overnight solutions or magic RV's. They announced today they are beginning to implement the White Paper reforms. So we watch.
2-17-2021 Newshound/Intel Gurus Walkingstick and Frank26 This [past] Saturday meeting the CBI and the IMF were given a specific time IMO in the near future to lift the exchange rate value...The reason why the IMF wants it done on this specific date is because of the IMF's serious concerns of impending inflation of their currency...due to the stoppage of their auctions...They got no currency! Of course the IMF is concerned about impending currency inflation to smack Iraq right in the face. That would be a tragedy...In the same breath they talked about the new small category notes...
2-17-2021 Intel Guru MarkZ [via PDK] Still sitting at the edge of our seats... waiting for something to move. Nothing has changed. They still have people stay in place... We are on the precipice of this thing...I don’t know what the trigger is. Will there be a big “yahoo” moment or “ta da”... The dinar value has not changed yet in Iraq. Think about it rationally…when Iraq goes (unlike Kuwait who had a 10 day wait/blackout because it was before the internet, chat rooms, smart phones ect….) When Iraq goes it will be a shotgun. Everybody goes at once.
2-17-2021 Newshound Guru Pimpy Article: "Saleh: High oil prices will push the government to prepare a supplementary budget" I already heard some of the gurus out there thinking that this is something to do with changing the rate...IMO nowhere on here does it say this would affect the rate of the dinar. One of the reasons why they have a lower deficit than they had before is because they devalued the dinar. So if they wanted to hurry up and be able to cover their budget you might not see a change in the rate of the Iraqi dinar...
2-17-2021 Newshound Guru MilitiaMan Article quote: "An economist warns of a decline in the citizen's purchasing power as the dollar’s exchange rate continues to rise" ...a move to the private sector is upon Iraq...If not disaster looms... We see that the dollar auctions are not the same as they were in the past and now there are calls now for them to cease abroad as well, imo... That is powerful. 0 $ - Auctions, means to me a rate change is coming to offset the liquidity needed to run the country with new Dinar... Fairly sure that is the plan and the world knows it... As in the G7, UST, IMF, WG, WTO, BUNA, SWIFT, etc... All support the move and even a digital one...they are all involved in the architecture of the larger plan...imo...
2-17-2021 Intel Guru Bruce [via WiserNow] ...we’ve got some information that’s saying that we have at least a 2 day series of testing – that amounts to stress tests for the banks - yesterday we had a stress test on the banks in the United States through the QF System – and today and tonight and overnight we believe that stress test extended globally to all of the banks around the world to totally stress test the QF System...We know that the system has been activated in some aspects for a while sometime but has not yet fully come on line and become fully activated yet...Our theory is that these stress tests banks are going through are to see how the system will handle the influx of big sums of money from these exchanges globally – so far the system performed beautifully - we will see how they do today and tonight and overnight... [post 1 of 2....stay tuned]
2-17-2021 Intel Guru Frank26 There's actually people who think they're not going to pay any taxes on this. I'm sorry but that's beyond silly...our government knows you're going to make millions and millions and they're going to turn away and say I have no interest in collecting any of that? Beijing Biden is going to destroy you...but there are ways to take care of yourself and I wish you well. [NOTE: At the appropriate time consult with your financial and tax professional so there are no surprises.]
2-17-2021 Newshound Guru Kaperoni Iraq is trying to reform it's economy. This takes time. There is no overnight solutions or magic RV's. They announced today they are beginning to implement the White Paper reforms. So we watch.
2-17-2021 Newshound/Intel Gurus Walkingstick and Frank26 This [past] Saturday meeting the CBI and the IMF were given a specific time IMO in the near future to lift the exchange rate value...The reason why the IMF wants it done on this specific date is because of the IMF's serious concerns of impending inflation of their currency...due to the stoppage of their auctions...They got no currency! Of course the IMF is concerned about impending currency inflation to smack Iraq right in the face. That would be a tragedy...In the same breath they talked about the new small category notes...
2-17-2021 Intel Guru MarkZ [via PDK] Still sitting at the edge of our seats... waiting for something to move. Nothing has changed. They still have people stay in place... We are on the precipice of this thing...I don’t know what the trigger is. Will there be a big “yahoo” moment or “ta da”... The dinar value has not changed yet in Iraq. Think about it rationally…when Iraq goes (unlike Kuwait who had a 10 day wait/blackout because it was before the internet, chat rooms, smart phones ect….) When Iraq goes it will be a shotgun. Everybody goes at once.
2-17-2021 Newshound Guru Pimpy Article: "Saleh: High oil prices will push the government to prepare a supplementary budget" I already heard some of the gurus out there thinking that this is something to do with changing the rate...IMO nowhere on here does it say this would affect the rate of the dinar. One of the reasons why they have a lower deficit than they had before is because they devalued the dinar. So if they wanted to hurry up and be able to cover their budget you might not see a change in the rate of the Iraqi dinar...
2-17-2021 Newshound Guru MilitiaMan Article quote: "An economist warns of a decline in the citizen's purchasing power as the dollar’s exchange rate continues to rise" ...a move to the private sector is upon Iraq...If not disaster looms... We see that the dollar auctions are not the same as they were in the past and now there are calls now for them to cease abroad as well, imo... That is powerful. 0 $ - Auctions, means to me a rate change is coming to offset the liquidity needed to run the country with new Dinar... Fairly sure that is the plan and the world knows it... As in the G7, UST, IMF, WG, WTO, BUNA, SWIFT, etc... All support the move and even a digital one...they are all involved in the architecture of the larger plan...imo...
2-16-2021 Newshound Guru Jeff Since December to now, mid-February, both the World Bank and the IMF have shown their face more than they have before. Why? It's because both the World Bank and the IMF are bringing Iraq to the finish line...both the World Bank and the IMF are working with Iraq to bring their economy and country to the international world...
2-16-2021 Intel Guru Frank26 Article: "Iraqi government to begin implementation phase of the white paper for economic reform" What's in the White Papers IMO? A rate...those that are coming in that are going to rebuild economically the country of Iraq you think they've been shown this new exchange rate? IMO hell yes! Quote: "The Iraqi government is preparing to begin the implementation phase of its reform program known as the White Paper for Economic Reform." ...the implementation mechanism of the new exchange rate. The white papers are coming out. IMO you know what's in them. You can see the only way to launch, explode, implement the economic reform is by what? First having the monetary reform...
2-16-2021 Newshound/Intel Guru Mnt Goat Article: "AN ECONOMIST: THE FORMATION OF A COMMITTEE FOR ECONOMIC REFORM IS A GOOD AND UNPRECEDENTED STEP TO IMPLEMENT THE PROVISIONS OF THE WHITE PAPER" did you read it? I quote “FORMATION OF A COMMITTEE FOR ECONOMIC REFORM IS A GOOD AND UNPRECEDENTED STEP TO IMPLEMENT THE PROVISIONS OF THE WHITE PAPER.” Yes, an UNPRECEDENTED STEP.
2-16-2021 Intel Guru MarkZ [via PDK] [Mark how close are we to the RV in your opinion?] I think between now and the first week of March. I am leaning towards the month of February if you want to know my gut feeling. Just my guess…Still more news from Iraq about the lifting or raising the value of the dinar so they can remove the 3 zeros…this was published in 3 different publications in Iraq over the weekend...the news out of Iraq is phenomenal…
2-16-2021 Newshound Guru Jeff This is not pegged to our calendar. This is pegged to God's Hebrew calendar. Iraq implemented a 90-day tool on December 20th to reduce the 3 zero note count in the country of Iraq...that 90-day step ends Sunday March 21st. The first month of the Hebrew new year is their 7th month. It's the month of Nisan...
2-16-2021 Intel Guru Frank26 Article: "Is there a threat to hard currency reserves? The Central bank explains" They're telling you they not only have enough to back up their hard currency but also their digital currency...they are trying to tell you they have a new exchange rate...It's right in front of your eyes.
2-16-2021 Intel Guru MarkZ We are seeing the 2021 Budget coming out in Iraq …they have to have a value for it and it has be in effect by April 1st. No new value in Iraq over the weekend like I thought there might be but there are articles out now about deleting the 3 zeros to raise the value of the dinar and the de-dollarization of their economy and that they would be competing internationally. I believe we are close and have been waiting for this. I am looking for things to take off at break-neck speed now. When we think things are not happening…there are a lot of things happening in the background.
2-16-2021 Intel Guru Frank26 Article: "Iraqi government to begin implementation phase of the white paper for economic reform" What's in the White Papers IMO? A rate...those that are coming in that are going to rebuild economically the country of Iraq you think they've been shown this new exchange rate? IMO hell yes! Quote: "The Iraqi government is preparing to begin the implementation phase of its reform program known as the White Paper for Economic Reform." ...the implementation mechanism of the new exchange rate. The white papers are coming out. IMO you know what's in them. You can see the only way to launch, explode, implement the economic reform is by what? First having the monetary reform...
2-16-2021 Newshound/Intel Guru Mnt Goat Article: "AN ECONOMIST: THE FORMATION OF A COMMITTEE FOR ECONOMIC REFORM IS A GOOD AND UNPRECEDENTED STEP TO IMPLEMENT THE PROVISIONS OF THE WHITE PAPER" did you read it? I quote “FORMATION OF A COMMITTEE FOR ECONOMIC REFORM IS A GOOD AND UNPRECEDENTED STEP TO IMPLEMENT THE PROVISIONS OF THE WHITE PAPER.” Yes, an UNPRECEDENTED STEP.
2-16-2021 Intel Guru MarkZ [via PDK] [Mark how close are we to the RV in your opinion?] I think between now and the first week of March. I am leaning towards the month of February if you want to know my gut feeling. Just my guess…Still more news from Iraq about the lifting or raising the value of the dinar so they can remove the 3 zeros…this was published in 3 different publications in Iraq over the weekend...the news out of Iraq is phenomenal…
2-16-2021 Newshound Guru Jeff This is not pegged to our calendar. This is pegged to God's Hebrew calendar. Iraq implemented a 90-day tool on December 20th to reduce the 3 zero note count in the country of Iraq...that 90-day step ends Sunday March 21st. The first month of the Hebrew new year is their 7th month. It's the month of Nisan...
2-16-2021 Intel Guru Frank26 Article: "Is there a threat to hard currency reserves? The Central bank explains" They're telling you they not only have enough to back up their hard currency but also their digital currency...they are trying to tell you they have a new exchange rate...It's right in front of your eyes.
2-16-2021 Intel Guru MarkZ We are seeing the 2021 Budget coming out in Iraq …they have to have a value for it and it has be in effect by April 1st. No new value in Iraq over the weekend like I thought there might be but there are articles out now about deleting the 3 zeros to raise the value of the dinar and the de-dollarization of their economy and that they would be competing internationally. I believe we are close and have been waiting for this. I am looking for things to take off at break-neck speed now. When we think things are not happening…there are a lot of things happening in the background.
2-15-2021 Newshound Guru Jeff December 20th is when they officially started the reforms by devaluing the currency. Why did Iraq devalue the currency? That was a directive and a requirement by the IMF and the World Bank to reduce the 3 zero note count in the country of Iraq so the citizens don't get rich...It was a 90-day tool. That's why they started it on December 20th. Add 90 days to a Sunday and you got your rate change day
2-15-2021 Newshound Guru MilitiaMan The recalculating assets, incomes streams from oil, border crossings, tourism, fresh new liquid natural gas income from halting its flaring, agriculture, mineral extraction, etc., all play a roll in the valuation process of the country and her currency. The budget needs the rate not the other way around.
2-15-2021 Newshound Guru Jeff Who should we be listening to? The only group you should be listening to is the CBI...the CBI has put out many articles where they said they're going to delete the zeros (meaning change the rate) at the beginning of a new budget fiscal period...that's exactly why I keep throwing you clues that Iraq is walking in Kuwait's footsteps. What did Kuwait do? Kuwait changed their rate on March 24th of '91. Why? Because Kuwait's fiscal year starts April 1st. Iraq is no different...when the CBI talks those are the only ones you really need to listen to...
2-15-2021 Newshound/Intel Guru Mnt Goat Remember...this year the Kuwait compensation will be all paid up and completed. This frees Iraq from any war time debt owed...
2-15-2021 Newshound Guru Jeff ...Is there any news we should be aware of? Is anything major happening that's critical? The answer is you're seeing the last final step right before your eyes. It's the '21 budget...I've already told you when their fiscal is. Their fiscal year starts April 1st. I know that for a fact because I've reached out and consulted with the Iraqi government...that's where we're at. The '21 budget is the last step before the rate change...Iraq is very clearly walking in Kuwait's footsteps.
2-15-2021 Newshound Guru Pimpy Article: "The price of a barrel of Brent crude oil reaches $62.34" It seems like it's going up about a buck or so every couple weeks. This is good. Keep on going up. I know we want Iraq to rely on something else other than oil but it sure would be nice if they got a lot of revenue higher than what they budgeted for. This can help them really start taking a lot of these monies...so they can start developing and reconstructing Iraq, provide jobs to the public. This is what we're looking for...as there's more jobs that are available then...the dinar becomes stronger.
2-15-2021 Newshound Guru MilitiaMan The recalculating assets, incomes streams from oil, border crossings, tourism, fresh new liquid natural gas income from halting its flaring, agriculture, mineral extraction, etc., all play a roll in the valuation process of the country and her currency. The budget needs the rate not the other way around.
2-15-2021 Newshound Guru Jeff Who should we be listening to? The only group you should be listening to is the CBI...the CBI has put out many articles where they said they're going to delete the zeros (meaning change the rate) at the beginning of a new budget fiscal period...that's exactly why I keep throwing you clues that Iraq is walking in Kuwait's footsteps. What did Kuwait do? Kuwait changed their rate on March 24th of '91. Why? Because Kuwait's fiscal year starts April 1st. Iraq is no different...when the CBI talks those are the only ones you really need to listen to...
2-15-2021 Newshound/Intel Guru Mnt Goat Remember...this year the Kuwait compensation will be all paid up and completed. This frees Iraq from any war time debt owed...
2-15-2021 Newshound Guru Jeff ...Is there any news we should be aware of? Is anything major happening that's critical? The answer is you're seeing the last final step right before your eyes. It's the '21 budget...I've already told you when their fiscal is. Their fiscal year starts April 1st. I know that for a fact because I've reached out and consulted with the Iraqi government...that's where we're at. The '21 budget is the last step before the rate change...Iraq is very clearly walking in Kuwait's footsteps.
2-15-2021 Newshound Guru Pimpy Article: "The price of a barrel of Brent crude oil reaches $62.34" It seems like it's going up about a buck or so every couple weeks. This is good. Keep on going up. I know we want Iraq to rely on something else other than oil but it sure would be nice if they got a lot of revenue higher than what they budgeted for. This can help them really start taking a lot of these monies...so they can start developing and reconstructing Iraq, provide jobs to the public. This is what we're looking for...as there's more jobs that are available then...the dinar becomes stronger.
2-14-2021 Newshound Guru MilitiaMan ...Taxes and Tariffs, Liquid Natural Gas, Tourism, Phosphates, Sulfur, Gold, and on an on, will support their REER (Real Effective Exchange Rate)!! Big time...imo...
2-14-2021 Intel Guru Frank26 ...we needed the only obstacle, Iran, to stop it [bombing, stealing and causing trouble]. Somehow or another Kazemi worked out a deal...with Iran . You understand the importance of all this right? Security/stability...
2-14-2021 Newshound/Intel Guru Mnt Goat ...as far as I know, the only way they can pay for imports if they cancel the currency auctions is to use the dinar. If they use the dinar it will have to be globally tradable. Am I missing something? So, if it is globally tradable it will have to be reinstated on FOREX. If it is reinstated on FOREX we get to go to the bank. Then only question is about the new rate but we have a good idea what the rate will be as we can see the proposed rates on the bank screens in a “on-hold” state. It is currently at $5 plus. Yes, I said it is over $5.00 dollars in exchange for one dinar. But to get this we will need to see the revaluation in Iraq first, deletion of the zeros and the end to the currency auctions. So there is lots to do but it can all occur very suddenly...
2-14-2021 Newshound Guru MilitiaMan There has been some good things happening. What we believe that we're seeing is a change that's being presented on foreign currency sites that shows some support for what we've been talking about...what the IMF...the AMF...and the Central Bank is converging to use a digital system....so that they're going to use...less cash...from the IMF's information, from the AMF information and for all the information about Iraq not wanting to hurt the vulnerable, the obvious is what? Something different is coming...this whole thing is by design...
2-14-2021 Intel Guru Frank26 ...the CBI is doing an excellent job. A wonderful job. They're on track... Article: "State law calls for reducing the price of the dollar and stresses: The citizen is a red line" ...the CBI which is who this article is from is talking about the exchange rate of the Iraqi dinar and how they're going to treat it...the purpose is to reduce the exchange rate of the dollar...they're talking about reducing the 3 zeros from the IQD...we told you Monday that the CBI was once again going to start talking about the lifting of the value of the Iraqi currency by removing the 3 zeros from its exchange rate and ladies and gentleman there it is...I believe next week into the following week you're going to see so many more articles about this subject.
2-14-2021 Newshound/Intel Guru Mnt Goat ...I talked about Iraq joining the Bona service for currency exchange practices between middle eastern countries. I explained what this may mean for the Iraq dinar. Now they can pay for imports using the dinar. This will allow the currency auctions to finally end...
2-14-2021 Intel Guru Frank26 ...we needed the only obstacle, Iran, to stop it [bombing, stealing and causing trouble]. Somehow or another Kazemi worked out a deal...with Iran . You understand the importance of all this right? Security/stability...
2-14-2021 Newshound/Intel Guru Mnt Goat ...as far as I know, the only way they can pay for imports if they cancel the currency auctions is to use the dinar. If they use the dinar it will have to be globally tradable. Am I missing something? So, if it is globally tradable it will have to be reinstated on FOREX. If it is reinstated on FOREX we get to go to the bank. Then only question is about the new rate but we have a good idea what the rate will be as we can see the proposed rates on the bank screens in a “on-hold” state. It is currently at $5 plus. Yes, I said it is over $5.00 dollars in exchange for one dinar. But to get this we will need to see the revaluation in Iraq first, deletion of the zeros and the end to the currency auctions. So there is lots to do but it can all occur very suddenly...
2-14-2021 Newshound Guru MilitiaMan There has been some good things happening. What we believe that we're seeing is a change that's being presented on foreign currency sites that shows some support for what we've been talking about...what the IMF...the AMF...and the Central Bank is converging to use a digital system....so that they're going to use...less cash...from the IMF's information, from the AMF information and for all the information about Iraq not wanting to hurt the vulnerable, the obvious is what? Something different is coming...this whole thing is by design...
2-14-2021 Intel Guru Frank26 ...the CBI is doing an excellent job. A wonderful job. They're on track... Article: "State law calls for reducing the price of the dollar and stresses: The citizen is a red line" ...the CBI which is who this article is from is talking about the exchange rate of the Iraqi dinar and how they're going to treat it...the purpose is to reduce the exchange rate of the dollar...they're talking about reducing the 3 zeros from the IQD...we told you Monday that the CBI was once again going to start talking about the lifting of the value of the Iraqi currency by removing the 3 zeros from its exchange rate and ladies and gentleman there it is...I believe next week into the following week you're going to see so many more articles about this subject.
2-14-2021 Newshound/Intel Guru Mnt Goat ...I talked about Iraq joining the Bona service for currency exchange practices between middle eastern countries. I explained what this may mean for the Iraq dinar. Now they can pay for imports using the dinar. This will allow the currency auctions to finally end...
2-13-2021 Intel Guru MarkZ [via PDK] [Mark what do you think about Biden's tax how will the increase effect us if this goes and how do you minimize.] When this goes it should not affect us because that will mean we are done with the Federal Reserve. When we go to the gold standard this means we are and getting rid of the corrupt. I have set aside currency just in case…but I do not think it will affect us. [Note: Always consult with your tax professional at the appropriate time.]
2-13-2021 Newshound/Intel Guru Mnt Goat ...another tip for us is to watch what the GOI is about to do with the collections of the customs and tariffs. They have told us there is an electronic service to be used for this collection process and that this service must be capable of accessing the international currency exchanges. How else would they convert the currencies to the countries of origin and destination? We have known about this service for a long while. They have tried in the past to use this service unsuccessfully since the dinar was not yet international they could not.
2-13-2021 Intel Guru Frank26 I told you to circle on your calendar the 8th. Dear God it's historical. They stopped the auctions...they're going to stop what we want. The stealing of the American dollar from Iran through the auctions. And we're going to get rid of the Iranian influence in the parliament. Those things have been done. Cross them out. That's historical. Two days later here we are Iraq is coming out and saying we have a digital Iraqi currency now...a digital Iraqi dinar is international...these are telltale signs that SCREAM what they're doing. You know that...you see the shore of the Iraqi reinstatement of this monetary reform...be patient as you get closer, closer and closer so we can land ashore together...
2-13-2021 Intel Guru MarkZ [via PDK] [IMO, VND will be $.47 up to $2.37 contract rate. IT COULD be higher depending upon the Bank you use. Some banks WANT your business and are prepared to offer MORE for your DONG ! IMO and research.] That is pretty close to what I think.
2-13-2021 Intel Guru RayRen98 US BANKS ARE "ON LOCATION" TODAY... WAITING FOR THE "GO" SIGNAL! (NOT SURE ABOUT TEXAS, YET) THINGS ARE LOOKING VERY GOOD, "MORE" PROGRESS IS IN THE MAKING! Trying to confirm some "reported" activity for the "first wavers". I FEEL GOOD-er THAN GOOD!!!¨
2-13-2021 Newshound/Intel Guru Mnt Goat I have told everyone so many times already that the VERY BEST time for the CBI too reinstate the dinar is at the beginning of a new fiscal year. The fiscal year begins in January. They have no plans to change the fiscal year to April... The new budget is not yet passed and opened to spend and so this is not yet over and there is still time that we might see something from all this. The CBI must now coordinate with the finance ministry on the auditing process to ensure they too are all set to go.
2-13-2021 Intel Guru Frank26 Question: "Will it [exchanging Iraqi dinar] be a taxable even?" Have you ever made money where it's not taxable? So please don't lie to yourself. Don't try to fool yourself. "This is not a table event." Really? You're gonna make a profit and Uncle Sam is gonna be like I didn't see that? ...our treasury knows exactly how many dinars you have...it is a taxable event...It's going to be capital gains tax. If Biden has anything to do with it it will be about 45%. And then you have the spread to deal with and bank fees and everything else. You might end up with about 40%...with Trump it [tax rate] would have been about 15% and probably no higher than about 35%... [note: consult your tax professionals at the appropriate time.]
2-13-2021 Newshound/Intel Guru Mnt Goat ...another tip for us is to watch what the GOI is about to do with the collections of the customs and tariffs. They have told us there is an electronic service to be used for this collection process and that this service must be capable of accessing the international currency exchanges. How else would they convert the currencies to the countries of origin and destination? We have known about this service for a long while. They have tried in the past to use this service unsuccessfully since the dinar was not yet international they could not.
2-13-2021 Intel Guru Frank26 I told you to circle on your calendar the 8th. Dear God it's historical. They stopped the auctions...they're going to stop what we want. The stealing of the American dollar from Iran through the auctions. And we're going to get rid of the Iranian influence in the parliament. Those things have been done. Cross them out. That's historical. Two days later here we are Iraq is coming out and saying we have a digital Iraqi currency now...a digital Iraqi dinar is international...these are telltale signs that SCREAM what they're doing. You know that...you see the shore of the Iraqi reinstatement of this monetary reform...be patient as you get closer, closer and closer so we can land ashore together...
2-13-2021 Intel Guru MarkZ [via PDK] [IMO, VND will be $.47 up to $2.37 contract rate. IT COULD be higher depending upon the Bank you use. Some banks WANT your business and are prepared to offer MORE for your DONG ! IMO and research.] That is pretty close to what I think.
2-13-2021 Intel Guru RayRen98 US BANKS ARE "ON LOCATION" TODAY... WAITING FOR THE "GO" SIGNAL! (NOT SURE ABOUT TEXAS, YET) THINGS ARE LOOKING VERY GOOD, "MORE" PROGRESS IS IN THE MAKING! Trying to confirm some "reported" activity for the "first wavers". I FEEL GOOD-er THAN GOOD!!!¨
2-13-2021 Newshound/Intel Guru Mnt Goat I have told everyone so many times already that the VERY BEST time for the CBI too reinstate the dinar is at the beginning of a new fiscal year. The fiscal year begins in January. They have no plans to change the fiscal year to April... The new budget is not yet passed and opened to spend and so this is not yet over and there is still time that we might see something from all this. The CBI must now coordinate with the finance ministry on the auditing process to ensure they too are all set to go.
2-13-2021 Intel Guru Frank26 Question: "Will it [exchanging Iraqi dinar] be a taxable even?" Have you ever made money where it's not taxable? So please don't lie to yourself. Don't try to fool yourself. "This is not a table event." Really? You're gonna make a profit and Uncle Sam is gonna be like I didn't see that? ...our treasury knows exactly how many dinars you have...it is a taxable event...It's going to be capital gains tax. If Biden has anything to do with it it will be about 45%. And then you have the spread to deal with and bank fees and everything else. You might end up with about 40%...with Trump it [tax rate] would have been about 15% and probably no higher than about 35%... [note: consult your tax professionals at the appropriate time.]
2-12-2021 Intel Guru Bruce [via WiserNow] ...things are getting kind of tight and quiet...lot of people are under gag orders ...we were able to glean some information today which was very helpful...I think we might want to keep a close eye on the weekend and also early next week...Rates are not a question...not a problem... everything is good as far as that goes – I would just say we’re very very very close... and it’s finally coming to fruition...we have a 3 day weekend coming up...President’s Day on Monday and banks will be closed – It does not mean that you could not get notified however...we will see what happens over the weekend and we should be in good shape for early next week... We have to know that this is going to be released when everyone feels that the security is where it needs to be...This could be a really good weekend for us and early next week...
2-12-2021 Intel Guru Frank26 Article: "Expert: The Formation of the Committee For Economic Reform Will Begin To Restructure The Iraqi Economy". Quote: "The formation of a reform committee by the prime minister is an unprecedented step and an operational aspect of the white paper and thus the beginning of structuring the Iraqi economy." I like it a lot.
2-12-2021 Intel Guru MarkZ [via PDK] This is a weekend where everyone is sitting at the edge of their seats…but manage your expectations. We do not control the timing…what we do know is everyone needs to be ready when it does. Everyone on the banking side needs to be ready at the drop of a hat to pull everything off in a timely manner. It’s like being a fireman…hurry up and wait…That is where we are at…everyone is prepared and ready. [post 2 of 2]
2-12-2021 Intel Guru MarkZ [via PDK] ...more whales are being pushed to be ready to travel this weekend. They have not been told to travel yet…just to have their currency ready…everything prepared...ready to travel. Even Iraq has been quiet since yesterday morning...they are positioned for (what we expect) to be a ground breaking vote as they finish everything necessary for their budget. [post 1 of 2....stay tuned]
2-12-2021 Intel Guru Frank26 What do we do when it's time to exchange? You've got to know when to hold'm and when to let go of them. I wish you well in that because some people are going to rush like crazy to exchange. I'm not. Ever see a stampede? There's some serious damage. I'm gonna wait till the dust clears. I want to see what banks are doing as the days and weeks go by.
2-12-2021 Newshound/Intel Guru Mnt Goat The finance ministry is telling us that they expect to pass the final 2021 budget this Saturday or Sunday. It is a two-year budget. Kurdistan is the holdup but as usual, they will work out negotiations with them and will need a few days to do so. Even if all goes well with the Kurds, don’t expect a reinstatement the next day...Instead relax and know it is coming soon and you will probably not have to wait until the year 2022.
2-12-2021 Intel Guru Texas Snake [Exchange centers or banks?] ...The exchange centers I know are manned by banks…either WF, BOA, Chase ect…. The banker I am dealing with is in charge of Texas and 4 other states …He has everyone in all the locations he is involved with trained and capable of doing exchanging.
2-12-2021 Intel Guru MarkZ [via PDK] [Will you still post the 800 numbers Mark?] Im not sure there will be 800 numbers or secure links…I am told its now going to be a secure link…with a backup number in case the link does not work. I have been told by two different banks that I will get two different secure links from them and that I will be able to share with you guys. These are two of the top four banks in the country [Note: Always consult your financial advisors at the appropriate time. Gurus warn to be extraordinarily careful about links, 800# and exchange locations floating around the internet.]
2-12-2021 Intel Guru Frank26 Article: "Expert: The Formation of the Committee For Economic Reform Will Begin To Restructure The Iraqi Economy". Quote: "The formation of a reform committee by the prime minister is an unprecedented step and an operational aspect of the white paper and thus the beginning of structuring the Iraqi economy." I like it a lot.
2-12-2021 Intel Guru MarkZ [via PDK] This is a weekend where everyone is sitting at the edge of their seats…but manage your expectations. We do not control the timing…what we do know is everyone needs to be ready when it does. Everyone on the banking side needs to be ready at the drop of a hat to pull everything off in a timely manner. It’s like being a fireman…hurry up and wait…That is where we are at…everyone is prepared and ready. [post 2 of 2]
2-12-2021 Intel Guru MarkZ [via PDK] ...more whales are being pushed to be ready to travel this weekend. They have not been told to travel yet…just to have their currency ready…everything prepared...ready to travel. Even Iraq has been quiet since yesterday morning...they are positioned for (what we expect) to be a ground breaking vote as they finish everything necessary for their budget. [post 1 of 2....stay tuned]
2-12-2021 Intel Guru Frank26 What do we do when it's time to exchange? You've got to know when to hold'm and when to let go of them. I wish you well in that because some people are going to rush like crazy to exchange. I'm not. Ever see a stampede? There's some serious damage. I'm gonna wait till the dust clears. I want to see what banks are doing as the days and weeks go by.
2-12-2021 Newshound/Intel Guru Mnt Goat The finance ministry is telling us that they expect to pass the final 2021 budget this Saturday or Sunday. It is a two-year budget. Kurdistan is the holdup but as usual, they will work out negotiations with them and will need a few days to do so. Even if all goes well with the Kurds, don’t expect a reinstatement the next day...Instead relax and know it is coming soon and you will probably not have to wait until the year 2022.
2-12-2021 Intel Guru Texas Snake [Exchange centers or banks?] ...The exchange centers I know are manned by banks…either WF, BOA, Chase ect…. The banker I am dealing with is in charge of Texas and 4 other states …He has everyone in all the locations he is involved with trained and capable of doing exchanging.
2-12-2021 Intel Guru MarkZ [via PDK] [Will you still post the 800 numbers Mark?] Im not sure there will be 800 numbers or secure links…I am told its now going to be a secure link…with a backup number in case the link does not work. I have been told by two different banks that I will get two different secure links from them and that I will be able to share with you guys. These are two of the top four banks in the country [Note: Always consult your financial advisors at the appropriate time. Gurus warn to be extraordinarily careful about links, 800# and exchange locations floating around the internet.]
2-11-2021 Newshound Guru Adam Montana ...Iraq has a majority of the OIL in the world. There's no way in heck that the WORLD will just pretend that oil isn't there. There is NO WAY that they can't use their resources to "buy in" to anything they want. So... what's with all this talk about Iraq not being able to use USD? I'll answer. It's an idle threat, but a promising one. It means Iraq has one more reason to up their game, Iraq has yet another reason to RV, and the world has one more reason to accept the "NEW" rate, even if it surprises everyone... it's going to happen when it happens, and we are ready and here! [post 2 of 2]
2-11-2021 Newshound Guru Adam Montana ...there is TALK that Iraq isn't able to use USD anymore. Or they won't be able to, or they shouldn't, or whatever...If Iraq is currently unable to use USD (that's not entirely the case at the moment, but follow along) then they couldn't conduct auctions, they couldn't trade anywhere that uses the USD (that's everywhere), and they would basically fall into absolute poverty and die of malnutrition. Does that sound like a serious possibility? Of course not... [post 1 of 2....stay tuned]
2-11-2021 Intel Guru MarkZ [via PDK] I have talked to a number of “whales” or big investors…I have talked to quite a few and they have received a notice to pack their bags and prepare for travel as early as this weekend for redemption and exchanges…this does not mean it’s happening this weekend but that we are at a higher level of alert then we have been in 6-8 years…imo… I don’t think I have seen this much activity on the group side or redemption side since 2012. They all are all ramped up and ready.
2-11-2021 Intel Guru Frank26 If they [Iraq] can't use the American dollar, they can't use foreign currency, they can't use any other type of borrowing system, they can only use their currency but it has no value and they are about to explode economically and the whole international world is inviting them to be a part of it with their currency. Which currency? Not the American dollar. Not any foreign currency. Their currency of international status. That part is coming.
2-11-2021 Newshound/Intel Guru Petra I want everyone to understand that they are throwing around a lot of confusion. A huge amount of confusion...I believe we are in the end days of this...
2-11-2021 Intel Guru MarkZ [via PDK] I am hearing pretty good things from Iraq…I finally talked to some of my contacts there. They have passed all their budget stuff and I am told that they expect the final vote on the budget on Saturday. The chatter from Iraq is absolutely fantastic that we should see something as early as Saturday but for sure in the month of February on the new value...
2-11-2021 Newshound/Intel Guru Walkingstick [via Guru Frank26] Lifting the 3 zeros from their exchange rate should be a hot topic in articles in the near approximate future.
2-11-2021 Intel Guru Frank26 In case you missed it the CBI stopped the auctions...[Monday]. They can't use the American dollar anymore...So what's left to use? What's left is the Iraqi dinar. But the Iraqi dinar has no value - not only for the citizens but also for the government to run its country especially with the budget at those astronomical numbers. The IMF knows this too. And the World Bank knows this too. Both of them have said very clearly Iraq is in the process of raising the value of their currency...the stoppage of the auctions is a step of the monetary reform of the Iraqi dinar...it is a crucial step in adding value, lifting the 3 zeros from their exchange rate and it's being done.
2-11-2021 Intel Gurus Texas Snake & MarkZ [Do you have any idea where other people will be able to exchange around the world?] I think HSBC will be one of the main International banks…Also Bank of London is involved... In Australia I am told its HSBC - the Melbourne location. Also Scotia Bank and Royal Bank in Canada. HSBC in S. Africa. Only 2 main cities for exchanges…There will be regional banks at many locations that will correspond and be connected to those major banks for people to exchange into.
2-11-2021 Newshound Guru Adam Montana ...there is TALK that Iraq isn't able to use USD anymore. Or they won't be able to, or they shouldn't, or whatever...If Iraq is currently unable to use USD (that's not entirely the case at the moment, but follow along) then they couldn't conduct auctions, they couldn't trade anywhere that uses the USD (that's everywhere), and they would basically fall into absolute poverty and die of malnutrition. Does that sound like a serious possibility? Of course not... [post 1 of 2....stay tuned]
2-11-2021 Intel Guru MarkZ [via PDK] I have talked to a number of “whales” or big investors…I have talked to quite a few and they have received a notice to pack their bags and prepare for travel as early as this weekend for redemption and exchanges…this does not mean it’s happening this weekend but that we are at a higher level of alert then we have been in 6-8 years…imo… I don’t think I have seen this much activity on the group side or redemption side since 2012. They all are all ramped up and ready.
2-11-2021 Intel Guru Frank26 If they [Iraq] can't use the American dollar, they can't use foreign currency, they can't use any other type of borrowing system, they can only use their currency but it has no value and they are about to explode economically and the whole international world is inviting them to be a part of it with their currency. Which currency? Not the American dollar. Not any foreign currency. Their currency of international status. That part is coming.
2-11-2021 Newshound/Intel Guru Petra I want everyone to understand that they are throwing around a lot of confusion. A huge amount of confusion...I believe we are in the end days of this...
2-11-2021 Intel Guru MarkZ [via PDK] I am hearing pretty good things from Iraq…I finally talked to some of my contacts there. They have passed all their budget stuff and I am told that they expect the final vote on the budget on Saturday. The chatter from Iraq is absolutely fantastic that we should see something as early as Saturday but for sure in the month of February on the new value...
2-11-2021 Newshound/Intel Guru Walkingstick [via Guru Frank26] Lifting the 3 zeros from their exchange rate should be a hot topic in articles in the near approximate future.
2-11-2021 Intel Guru Frank26 In case you missed it the CBI stopped the auctions...[Monday]. They can't use the American dollar anymore...So what's left to use? What's left is the Iraqi dinar. But the Iraqi dinar has no value - not only for the citizens but also for the government to run its country especially with the budget at those astronomical numbers. The IMF knows this too. And the World Bank knows this too. Both of them have said very clearly Iraq is in the process of raising the value of their currency...the stoppage of the auctions is a step of the monetary reform of the Iraqi dinar...it is a crucial step in adding value, lifting the 3 zeros from their exchange rate and it's being done.
2-11-2021 Intel Gurus Texas Snake & MarkZ [Do you have any idea where other people will be able to exchange around the world?] I think HSBC will be one of the main International banks…Also Bank of London is involved... In Australia I am told its HSBC - the Melbourne location. Also Scotia Bank and Royal Bank in Canada. HSBC in S. Africa. Only 2 main cities for exchanges…There will be regional banks at many locations that will correspond and be connected to those major banks for people to exchange into.
2-10-2021 Newshound/Intel Guru Petra Last Monday who was in Iraq ? Everybody! The UK . The IMF. The GCC. The IGBC. Everybody and their mother was in Iraq last Monday. Did we hear what that was all about? No...obviously they were there for a reason...when all those people show up...world renowned financial entities all show up. Obviously something happened. We can't talk about it yet. But clearly there's evidence there's been significant progress...
2-10-2021 Intel Guru Footforward ...It's my "opinion" the dinar MUST be at least $3.50 to start. And it's my "opinion" they won't let it float this time.
2-10-2021 Intel Guru Bruce Probably the most interesting thing that we’re getting is – intel itself - the sources are starting to really dry up – because we are so close...we know that the budget for 2021 in Iraq was a big deal and it was passed - but not published...and why wasn’t it published? Because that would have exposed the new rate for the dinar...Wednesday and Saturday are the 2 big days that the physical paper form of the gazette is published – it is their official record... so we are just going to have to...see if this week is the week we’ve all been hoping for... I am excited about it – still as excited as ever - and looking forward to getting resolution to this – hopefully before Friday – so let’s see where it goes.
2-10-2021 Intel Guru Texas Snake I visit back and forth with one particular banker who has been on the edge of seeing this thing go for the last 10 days or so...
2-10-2021 Intel Guru Frank26 Historical. Turns out Monday the 8th of February 2021 they can't use the American dollar anymore in their country. The Marshal Plan 17 years ago brought the American dollar so they could have some currency of value to run their government and for the citizens. We always said that was the goal, the dream come true - stop using the American dollar! The auctions stopped yesterday [Monday]...I wish I had Thor's hammer so I could hit that hard and let it vibrate through your body. The central bank's auctions stopped yesterday! That's why you see all these international platforms saying "come on down and be part of us!"
2-10-2021 Intel Guru MarkZ [via PDK] I have been unable to reach 3 contacts in Iraq today...Hopefully someone will contact me so we can find out if they got their change of value there or not. There was a lot of anticipation for the 10th. And definitely anticipation for the month of February as they have changed how they handle trading in the middle east…we expected a new value since yesterday... [Are you still looking for any moment for the RV?] Yes I am…most of my paymaster folks and group leaders are being told to stay in place. And that things are imminent and close.
2-10-2021 Newshound/Intel Guru Walkingstick [via Guru Frank26] ...Three weeks ago part one of this meeting occurred. This Saturday part two of this meeting will occur with more people. They will be briefed on the success they've been doing the last 3 weeks. What did they do in those 3 weeks? ...a lot more [bank] accounts have been opened in Iraq. The lowing of the exchange rate was for this purpose...the game-plan worked. This meeting they are about to have this Saturday they want to see the sale of the American dollar lessened or simply stopped. They accomplished this yesterday [Monday Feb 8th]...with the auctions gone the citizens have no choice but to only use their currency.
2-10-2021 Newshound/Intel Guru Mnt Goat ...we must go back to what we know for sure. The CBI confirmed that the Bona service will be launched on the tenth of February. ...Bona is a platform that provides real-time clearing and settlement services for cross-border financial transfers between Arab countries and in Arab and international currencies. I am not predicting a date for the RV just do you know...If the Iraqi dinar is on Bona (which they announced it is) this may get a revaluation of the Iraq dinar in the middle east but not necessarily the reinstatement we desire which allows us to go to the banks in the USA. We might have to wait longer until it is connected to the other currency exchanges throughout the world, especially FOREX. Remember we need a reinstatement and a release of OFAC sanction to allow us to exchange our dinar. Incidentally the ISX (Iraqi Stock Exchange) is now experiencing rapid growth of about 25%. WOW!
2-10-2021 Intel Guru Frank26 We believe this week you are going to start seeing articles once again about lifting the 3 zeros off the exchange rate...
2-10-2022 Intel Guru MarkZ [via PDK] I have seen the redemption centers…I know people that work there…I know they exist.
2-10-2021 Intel Guru Footforward ...It's my "opinion" the dinar MUST be at least $3.50 to start. And it's my "opinion" they won't let it float this time.
2-10-2021 Intel Guru Bruce Probably the most interesting thing that we’re getting is – intel itself - the sources are starting to really dry up – because we are so close...we know that the budget for 2021 in Iraq was a big deal and it was passed - but not published...and why wasn’t it published? Because that would have exposed the new rate for the dinar...Wednesday and Saturday are the 2 big days that the physical paper form of the gazette is published – it is their official record... so we are just going to have to...see if this week is the week we’ve all been hoping for... I am excited about it – still as excited as ever - and looking forward to getting resolution to this – hopefully before Friday – so let’s see where it goes.
2-10-2021 Intel Guru Texas Snake I visit back and forth with one particular banker who has been on the edge of seeing this thing go for the last 10 days or so...
2-10-2021 Intel Guru Frank26 Historical. Turns out Monday the 8th of February 2021 they can't use the American dollar anymore in their country. The Marshal Plan 17 years ago brought the American dollar so they could have some currency of value to run their government and for the citizens. We always said that was the goal, the dream come true - stop using the American dollar! The auctions stopped yesterday [Monday]...I wish I had Thor's hammer so I could hit that hard and let it vibrate through your body. The central bank's auctions stopped yesterday! That's why you see all these international platforms saying "come on down and be part of us!"
2-10-2021 Intel Guru MarkZ [via PDK] I have been unable to reach 3 contacts in Iraq today...Hopefully someone will contact me so we can find out if they got their change of value there or not. There was a lot of anticipation for the 10th. And definitely anticipation for the month of February as they have changed how they handle trading in the middle east…we expected a new value since yesterday... [Are you still looking for any moment for the RV?] Yes I am…most of my paymaster folks and group leaders are being told to stay in place. And that things are imminent and close.
2-10-2021 Newshound/Intel Guru Walkingstick [via Guru Frank26] ...Three weeks ago part one of this meeting occurred. This Saturday part two of this meeting will occur with more people. They will be briefed on the success they've been doing the last 3 weeks. What did they do in those 3 weeks? ...a lot more [bank] accounts have been opened in Iraq. The lowing of the exchange rate was for this purpose...the game-plan worked. This meeting they are about to have this Saturday they want to see the sale of the American dollar lessened or simply stopped. They accomplished this yesterday [Monday Feb 8th]...with the auctions gone the citizens have no choice but to only use their currency.
2-10-2021 Newshound/Intel Guru Mnt Goat ...we must go back to what we know for sure. The CBI confirmed that the Bona service will be launched on the tenth of February. ...Bona is a platform that provides real-time clearing and settlement services for cross-border financial transfers between Arab countries and in Arab and international currencies. I am not predicting a date for the RV just do you know...If the Iraqi dinar is on Bona (which they announced it is) this may get a revaluation of the Iraq dinar in the middle east but not necessarily the reinstatement we desire which allows us to go to the banks in the USA. We might have to wait longer until it is connected to the other currency exchanges throughout the world, especially FOREX. Remember we need a reinstatement and a release of OFAC sanction to allow us to exchange our dinar. Incidentally the ISX (Iraqi Stock Exchange) is now experiencing rapid growth of about 25%. WOW!
2-10-2021 Intel Guru Frank26 We believe this week you are going to start seeing articles once again about lifting the 3 zeros off the exchange rate...
2-10-2022 Intel Guru MarkZ [via PDK] I have seen the redemption centers…I know people that work there…I know they exist.
2-9-2021 Newshound/Intel Guru Petra ...Guess who signed onto the BUNA platform to take care of all the U.S. dollar denominated trades? JP Morgan Chase one of the biggest tier one banks in our country. That tells you now that J.P Morgan chase is involved. They are not doing it for a currency that can't be transferable ie. the Iraqi dinar. BUNA is the mechanism by which they will be able to transact on the international market...This Wednesday the 10th...we wait to see if they actually transact because they'll need to be internationally positioned with their currency in order to do so... [See Guru Petra post 2/9/2021 below]
2-9-2021 Newshound/Intel Guru Mnt Goat The news is all very good today and in fact it is just what we want to hear, as we have not heard news this great from the finance committee in a very long time. Now we are hearing it. We should have heard this in December but everything was delayed due to Covid and the drop in oil prices. But now oil is close to $60 a barrel and is expected to rise. So, in today’s news it all about the will to ending the currency auctions, reducing the deficit to record lows and not touching the CBI reserves to pay for the deficit in the new 2021-2022 (2 year) budget. Does this all add up to something? Think about it. Put two and two together.
2-9-2022 Intel Guru MarkZ [via PDK] I am hearing nothing from the banking centers right now…they are quiet but being asked to stay in place...I talked to a banker in Asia…and they are all being asked to stay in place because things are imminent…. I take this as a very good sign…I don’t want to get excited but…Well the chatter out of Iraq is sure pointing toward the 10th being a big day… They are looking for a budget tomorrow…. We will be closely watching over there in the sandbox overnight and tomorrow. We should manage our expectations…but the chatter and news out of Iraq says they are expecting a new value tomorrow.
2-9-2021 Intel Guru Frank26 ...this [AMF's BUNA] is solid evidence that they are coming out to the international world. It's solid evidence they are Article 8...this has nothing to do with a program rate...this is a flow. This is a movement. This is a step-by-step progression. There is no date. There is no rate. The rate is well calculated. That's why we have the budget...be very aware of this tool. It's for International status... [See Guru Petra's post below for why BUNA is so important to the Iraqi dinar.]
2-9-2021 Newshound/Intel Guru Petra They did not engage but they did join the platform...why would Iraq join the BUNA platform? First of all the BUNA platform requires the currency be internationally tradable...Iraq joined them on January 4th...but they don't go live on the platform until Wednesday the 10th...which means they have to have an internationally tradable currency on Wednesday if they transact. That's a big if. If they transact then something has changed. We would all love for this to happen. Is it going to happen? I don't know...If they do, we'll know about it because they'll have to change the rate. That's why the BUMA platform is so important... [Post 2 of 2]
2-9-2021 Newshound/Intel Guru Petra BUNA is a mechanism. It is a method by which the Arab Monetary Fund, which owns the BUNA platform regulates trade within the 20+ Arab countries...all these currencies are all part of the BUMA platform. That is the mechanism that those organizations trade within their countries and outside their countries in the international market place...using a very fast method of transferring inter currency moneys. What's important is Iraq joined this platform on January 4th this year. [post 1 of 2....stay tuned]
2-9-2021 Newshound/Intel Guru Mnt Goat The news is all very good today and in fact it is just what we want to hear, as we have not heard news this great from the finance committee in a very long time. Now we are hearing it. We should have heard this in December but everything was delayed due to Covid and the drop in oil prices. But now oil is close to $60 a barrel and is expected to rise. So, in today’s news it all about the will to ending the currency auctions, reducing the deficit to record lows and not touching the CBI reserves to pay for the deficit in the new 2021-2022 (2 year) budget. Does this all add up to something? Think about it. Put two and two together.
2-9-2022 Intel Guru MarkZ [via PDK] I am hearing nothing from the banking centers right now…they are quiet but being asked to stay in place...I talked to a banker in Asia…and they are all being asked to stay in place because things are imminent…. I take this as a very good sign…I don’t want to get excited but…Well the chatter out of Iraq is sure pointing toward the 10th being a big day… They are looking for a budget tomorrow…. We will be closely watching over there in the sandbox overnight and tomorrow. We should manage our expectations…but the chatter and news out of Iraq says they are expecting a new value tomorrow.
2-9-2021 Intel Guru Frank26 ...this [AMF's BUNA] is solid evidence that they are coming out to the international world. It's solid evidence they are Article 8...this has nothing to do with a program rate...this is a flow. This is a movement. This is a step-by-step progression. There is no date. There is no rate. The rate is well calculated. That's why we have the budget...be very aware of this tool. It's for International status... [See Guru Petra's post below for why BUNA is so important to the Iraqi dinar.]
2-9-2021 Newshound/Intel Guru Petra They did not engage but they did join the platform...why would Iraq join the BUNA platform? First of all the BUNA platform requires the currency be internationally tradable...Iraq joined them on January 4th...but they don't go live on the platform until Wednesday the 10th...which means they have to have an internationally tradable currency on Wednesday if they transact. That's a big if. If they transact then something has changed. We would all love for this to happen. Is it going to happen? I don't know...If they do, we'll know about it because they'll have to change the rate. That's why the BUMA platform is so important... [Post 2 of 2]
2-9-2021 Newshound/Intel Guru Petra BUNA is a mechanism. It is a method by which the Arab Monetary Fund, which owns the BUNA platform regulates trade within the 20+ Arab countries...all these currencies are all part of the BUMA platform. That is the mechanism that those organizations trade within their countries and outside their countries in the international market place...using a very fast method of transferring inter currency moneys. What's important is Iraq joined this platform on January 4th this year. [post 1 of 2....stay tuned]
2-8-2021 Newshound/Intel Guru RVAlready The CBI gave a rate to the government last week...Parliament is now saying the exchange rate will not change in this budget...The parliament is not allowed to affect the rate. We just need a vote and a final budget...Iraq dispensing a great load of bull in news stories today. We’ll see what happens.
2-8-2021 Newshound Guru MilitiaMan Stock exchanges that need to be on the same page and able to clear trades with not only stock but one another's respective currencies, as they need to communicate. The timing of all this is not by a coincidence in my opinion it is by design. The platforms are in place and now will apparently start to connect in real international time and pricing. BUNA imo requires article 8 compliance with the IMF.
2-8-2021 Newshound Guru Jeff The World Bank and the IMF they started showing a large presence with Iraq around December. Why December? They're working with Iraq to bring forth the rate change. It's that simple. They're using the last quart of Iraq's 2020 fiscal year which is January through March to set the stage for the rate change. That's why they devalued the currency on December 20th...that was nothing more than a 90-day tool to reduce the note count physically within the country of Iraq.
2-8-2021 Intel Guru MarkZ [via PDK] ...there were a few small articles coming out of Iraq this weekend as they prepare for their new rate. This has been going on about 5 weeks as they ramped up news on the white papers, the budget, and impending value change...
2-8-2021 Newshound Guru Jeff This news is red hot. Article: "The World Bank: Iraq is experiencing its worst crisis since 2003...We put a large financial portfolio for it - Urgent" ...The World Bank just came out this morning releasing an article screaming at us that Iraq is about to change the rate...the World Bank and the IMF are working with Iraq to bring forth the rate change. It's over and done. All you're waiting on is the fiscal year [March 2021]...this is red hot news!
2-8-2021 Newshound Guru MilitiaMan Stock exchanges that need to be on the same page and able to clear trades with not only stock but one another's respective currencies, as they need to communicate. The timing of all this is not by a coincidence in my opinion it is by design. The platforms are in place and now will apparently start to connect in real international time and pricing. BUNA imo requires article 8 compliance with the IMF.
2-8-2021 Newshound Guru Jeff The World Bank and the IMF they started showing a large presence with Iraq around December. Why December? They're working with Iraq to bring forth the rate change. It's that simple. They're using the last quart of Iraq's 2020 fiscal year which is January through March to set the stage for the rate change. That's why they devalued the currency on December 20th...that was nothing more than a 90-day tool to reduce the note count physically within the country of Iraq.
2-8-2021 Intel Guru MarkZ [via PDK] ...there were a few small articles coming out of Iraq this weekend as they prepare for their new rate. This has been going on about 5 weeks as they ramped up news on the white papers, the budget, and impending value change...
2-8-2021 Newshound Guru Jeff This news is red hot. Article: "The World Bank: Iraq is experiencing its worst crisis since 2003...We put a large financial portfolio for it - Urgent" ...The World Bank just came out this morning releasing an article screaming at us that Iraq is about to change the rate...the World Bank and the IMF are working with Iraq to bring forth the rate change. It's over and done. All you're waiting on is the fiscal year [March 2021]...this is red hot news!
2-7-2021 Newshound Guru MilitiaMan ...BUNA is to go live on the TENTH.. The CBI has a new digital system they launched. The CBI states they have approved the new exchange rates. Well the first one was done already, the next rate change is to yet come out. But the CBI states they have approved the exchange rates. The BUNA system by charter will not interconnect to a Non - Article 8 Compliant Currency i am being told. So, the next move is imo to be Article 8 compliant. If they hold to the time frame of the TENTH, then this next week is an interesting one imo...
2-7-2021 Newshound Guru MilitiaMan Article quote: "The Central Bank of Iraq had previously signed an agreement with a number of local banks and completed the technical requirements to participate in the project in coordination with the Arab Monetary Fund," Get ready for digital currency...Digital currency will need to be able to communicate on a level playing field. It is said they have this next week to be interconnected with the BUNA system that the AMF has launched for clearing and settlements. They say the TENTH!!!
2-7-2021 Newshound Guru MilitiaMan The can kicking of the 2021 Budget is by design.. imo.. It appears they have had to massage the timing to fit in line with many things and the hurry up and wait from parliament looks to be to me that they were in a hurry, yet, now they have to sit tight for the moment with having completed all but the best for last... imo..
2-7-2021 Intel Guru Footforward ...do not be alarmed if they don't show the rate in the budget.
2-7-2021 Newshound Guru MilitiaMan Article quote: "The Central Bank of Iraq had previously signed an agreement with a number of local banks and completed the technical requirements to participate in the project in coordination with the Arab Monetary Fund," Get ready for digital currency...Digital currency will need to be able to communicate on a level playing field. It is said they have this next week to be interconnected with the BUNA system that the AMF has launched for clearing and settlements. They say the TENTH!!!
2-7-2021 Newshound Guru MilitiaMan The can kicking of the 2021 Budget is by design.. imo.. It appears they have had to massage the timing to fit in line with many things and the hurry up and wait from parliament looks to be to me that they were in a hurry, yet, now they have to sit tight for the moment with having completed all but the best for last... imo..
2-7-2021 Intel Guru Footforward ...do not be alarmed if they don't show the rate in the budget.
2-6-2021 Newshound Guru MilitiaMan So, it appears with all the talk of the 2021 Budget and the Kurds, etc., we can see that the IMF, WB, G7, UST, ITB, AMF, GCC, US State Department, etc., etc., have all had a hand in supporting the effort to get Iraq up out and into the private sector. [It] must be held tight to the chest until the right time to expose the real effective exchange rate to the world. But, if the AMF has anything for us to compare to, we know they are pegged to the USD by virtue of the IMF SDR basket. We know how they express that value too. It is clear as a bell. We are in a vey good place at this stage... imo.. [post 2 of 2]
2-6-2021 Newshound Guru MilitiaMan "Economic: Parliament cannot change oil prices and the dollar in the 2021 budget" So they have it now set in stone. The Central Bank approved the new exchange rates and they are not to be challenged by the Parliament, as it is is out of their hands. The exchange rates are not to be amended...They were told by the IMF that they would change the rate in the then current fiscal year and they did it. They were also told by the IMF and the US FED that they could in the IMFs case change it again in early 2021 whereas, the FED just made it perfectly clear that countries can and do "Devalue and Revalue" their currencies. [post 1 of 2....stay tun
2-6-2021 Intel Guru Bruce [via WiserNow] ...Remember the email notifications that are coming from the Wells Fargo servers are going to be around 1.4 million emails – and they do know how much currency you have because they have talked to all of the sellers – all of the currency sellers including ebay – have released that information to the Treasury - so they know – and unless you have been gifted they might not know how much they have – but if you have purchased they know what currencies you have and generally speaking how much you have...
2-6-2021 Newshound Guru Militiaman Article: "Al-Karawi: 5 files have not been resolved yet in the budget law" Quote: “All expectations indicate that the next week will be decisive..." Next Week starts tomorrow. The data...suggests they have voted on many things. Much of it suggests they are going to be going to the private sector. Automation of Customs and Taxes link via the currency window of the CBI. The final nail is coming...imo..
2-6-2021 Newshound/Intel Guru Mnt Goat Oh yeh, the budget has a new rate in it… It’s the new de-valued rate of 1450...Okay having said this they can still delete the zero making the rate $1.45 dinar to $1.00 dollar (inside Iraq). This could happen suddenly after they pass the budget. I doubt it will but let’s explore it...the strategy of reducing the value of the dinar has cut their deficit in half. But what will happen to it when and if they raise the value of the dinar to $1.45? It will explode but can they handle this with proposed loans from the IMF? Time will tell what they do.
2-6-2021 Newshound Guru NORV [aka Kaperoni] Floating would harm the economy right now...without exports and a private sector, the dinar would devalue. Until they pass laws, create a private sector and invite foreign investment and diversify Iraq will continue to struggle. Only Iraq can change it. In the meantime, Sudan is preparing to float. ...Article quotes: "Sudan's Acting Finance Minister said in an interview this week that the country will make a decision to float its currency when it has sufficient foreign reserves, and that it is also in talks with several parties to obtain loans and grants."; "We in the government must commit to unifying the exchange rate, and the decision to float the currency will be taken after the provision of foreign reserves in the central bank, along with economic policies that regulate supply and demand,"...
2-6-2021 Newshound Guru MilitiaMan "Economic: Parliament cannot change oil prices and the dollar in the 2021 budget" So they have it now set in stone. The Central Bank approved the new exchange rates and they are not to be challenged by the Parliament, as it is is out of their hands. The exchange rates are not to be amended...They were told by the IMF that they would change the rate in the then current fiscal year and they did it. They were also told by the IMF and the US FED that they could in the IMFs case change it again in early 2021 whereas, the FED just made it perfectly clear that countries can and do "Devalue and Revalue" their currencies. [post 1 of 2....stay tun
2-6-2021 Intel Guru Bruce [via WiserNow] ...Remember the email notifications that are coming from the Wells Fargo servers are going to be around 1.4 million emails – and they do know how much currency you have because they have talked to all of the sellers – all of the currency sellers including ebay – have released that information to the Treasury - so they know – and unless you have been gifted they might not know how much they have – but if you have purchased they know what currencies you have and generally speaking how much you have...
2-6-2021 Newshound Guru Militiaman Article: "Al-Karawi: 5 files have not been resolved yet in the budget law" Quote: “All expectations indicate that the next week will be decisive..." Next Week starts tomorrow. The data...suggests they have voted on many things. Much of it suggests they are going to be going to the private sector. Automation of Customs and Taxes link via the currency window of the CBI. The final nail is coming...imo..
2-6-2021 Newshound/Intel Guru Mnt Goat Oh yeh, the budget has a new rate in it… It’s the new de-valued rate of 1450...Okay having said this they can still delete the zero making the rate $1.45 dinar to $1.00 dollar (inside Iraq). This could happen suddenly after they pass the budget. I doubt it will but let’s explore it...the strategy of reducing the value of the dinar has cut their deficit in half. But what will happen to it when and if they raise the value of the dinar to $1.45? It will explode but can they handle this with proposed loans from the IMF? Time will tell what they do.
2-6-2021 Newshound Guru NORV [aka Kaperoni] Floating would harm the economy right now...without exports and a private sector, the dinar would devalue. Until they pass laws, create a private sector and invite foreign investment and diversify Iraq will continue to struggle. Only Iraq can change it. In the meantime, Sudan is preparing to float. ...Article quotes: "Sudan's Acting Finance Minister said in an interview this week that the country will make a decision to float its currency when it has sufficient foreign reserves, and that it is also in talks with several parties to obtain loans and grants."; "We in the government must commit to unifying the exchange rate, and the decision to float the currency will be taken after the provision of foreign reserves in the central bank, along with economic policies that regulate supply and demand,"...
2-5-2021 Intel Guru Bruce [via WiserNow] ... bringing the budget out in the gazette...is now set to come out Saturday... maybe that will happen we can’t set a watch by that - all I know is that it is intended to bring that out on Saturday and publish it in the gazette – which would make the dinar rate visible – It might also be on line in a digital format...
2-5-2021 Intel Guru Bruce [via WiserNow] ...we have some information that lends us to believe that we could be where we need to be still this week...But there is other information that takes us and moves us to the first of next week... So…What we have heard is – and this comes from one of our main banks – it is still going to happen for us – and I heard a clarification of another banker that deals with redemption centers and staff and so on – that Saturday was in play - Now I still heard from a couple other sources that said Saturday is in play for notifications and I also heard that the redemption centers – some personnel need to be in place on Monday at noon...Let’s hope we are notified and underway...
2-5-2021 Newshound/Intel Guru Mnt Goat ...Citizens are finally putting their money in the banks and turning in their dinars...Remember this makes for an easier transition to a new revalued dinar rate should they make this next move. But not yet, as least they are not telling us this is coming now. Could this be the reason for the planned devaluation of the dinar, yet further? Is it to push the citizens to the banks with their dinars?
2-5-2021 Intel Guru MarkZ [via PDK] [...can you please provide me with RV news?...] I am expecting it in the month of February. No money moving yet but we are hearing it could be very busy weekend on the news front. I talked to a number of group leaders that are in position…they are expecting a release sometime over the next 5-6 days. I hope it is accurate…but manage your expectations. Nobody knows the exact timing. They do this on purpose for security reasons. IMO we are in a perfect storm and now would be an ideal time.
2-5-2021 Newshound/Intel Guru Mnt Goat ...we all know for a fact the dinar can sustain up to $16 when pegged out of the de- facto peg and to the basket of global currencies and reinstated on the open global markets. ...So...What is going on here? ...I do not yet have all the FACTS yet but I will tell you one thing for sure. I know they must reduce their debt and the salary payments... If they were to revalue today it could actually quadruple the debt. So they must first pay it off or find a way to lower it using the new revalued rate not the devalued rate...Why would the IMF announce a huge loan to Iraq if they knew they were in a crisis and could not pay it back?
2-5-2021 Intel Guru RayRen98 "NOSE BLEED" RATES ARE STILL BEING COMMUNICATED TO US...SUPPOSEDLY AT THE BANKS DISCRETION
2-5-2021 Intel Guru Bruce [via WiserNow] ...we have some information that lends us to believe that we could be where we need to be still this week...But there is other information that takes us and moves us to the first of next week... So…What we have heard is – and this comes from one of our main banks – it is still going to happen for us – and I heard a clarification of another banker that deals with redemption centers and staff and so on – that Saturday was in play - Now I still heard from a couple other sources that said Saturday is in play for notifications and I also heard that the redemption centers – some personnel need to be in place on Monday at noon...Let’s hope we are notified and underway...
2-5-2021 Newshound/Intel Guru Mnt Goat ...Citizens are finally putting their money in the banks and turning in their dinars...Remember this makes for an easier transition to a new revalued dinar rate should they make this next move. But not yet, as least they are not telling us this is coming now. Could this be the reason for the planned devaluation of the dinar, yet further? Is it to push the citizens to the banks with their dinars?
2-5-2021 Intel Guru MarkZ [via PDK] [...can you please provide me with RV news?...] I am expecting it in the month of February. No money moving yet but we are hearing it could be very busy weekend on the news front. I talked to a number of group leaders that are in position…they are expecting a release sometime over the next 5-6 days. I hope it is accurate…but manage your expectations. Nobody knows the exact timing. They do this on purpose for security reasons. IMO we are in a perfect storm and now would be an ideal time.
2-5-2021 Newshound/Intel Guru Mnt Goat ...we all know for a fact the dinar can sustain up to $16 when pegged out of the de- facto peg and to the basket of global currencies and reinstated on the open global markets. ...So...What is going on here? ...I do not yet have all the FACTS yet but I will tell you one thing for sure. I know they must reduce their debt and the salary payments... If they were to revalue today it could actually quadruple the debt. So they must first pay it off or find a way to lower it using the new revalued rate not the devalued rate...Why would the IMF announce a huge loan to Iraq if they knew they were in a crisis and could not pay it back?
2-5-2021 Intel Guru RayRen98 "NOSE BLEED" RATES ARE STILL BEING COMMUNICATED TO US...SUPPOSEDLY AT THE BANKS DISCRETION
2-4-2021 Intel Guru MarkZ [via PDK] I have people reporting that I said the rate will be $14 - $16 dollars… I did not say that…I referenced Dr. Shabibi saying that…also the white papers in Iraq seem to be saying that…I am still hearing from the banking side of this thing that the street rate will be just under $4.00 and the contract rate may be as high as $8.00…
2-4-2021 Newshound Guru Pimpy Article: "On Monday, the Central Bank of Iraq's hard currency sales increased by 26 percent" This is good. Where before they were holding U.S. dollars because the Iraqi dinar had devalued and so you know they don't want to part with the US dollar. It's a stronger currency against the dinar...This jacks up the foreign currency they [The CBI] hold so the foreign currency assets are increasing. This is good because what that does then it strengthens the Iraqi dinar. We want to see this happen...this is a good thing to see happen.
2-4-2021 Newshound Guru Jeff Iraq is in the news. They're kind of suggesting that Kurdistan and Baghdad still have differences with the figures in the '21 budget...I doubt Kurdistan and Baghdad have many differences...be careful of what information you choose to trust...we're looking really good. Everything in Iraq is moving in the right direction. They have set the stage for the rate change. The IMF and WB are calling the shots. Even oil is moving in the right direction. Right now they have a budget surplus of oil. Everything is looking good...
2-4-2021 Intel Guru MarkZ [via PDK] IMO This is our month…IMO we will see it this month..People are still in position for the RV…they are staying in position.
2-4-2021 Newshound Guru Pimpy Erbil and Baghdad still need to come together and come up with an agreement. There's still some disagreements there. As soon as they do and they get that going forward, get that settled then we'll have a the 2021 budget. Truly finalized.
2-4-2021 Newshound Guru Jeff Since Iraq devalued their currency who's been in charge? Who instructed Iraq to devalue their currency? The World Bank and the IMF. The WB and the IMF they don't play games. They don't work around a big sloppy mess. They run a tight ship. If you think Iraq is a big sloppy, disorganized mess that doesn't have stability, think about it carefully. The WB would not work with Iraq if they were a big sloppy mess and they didn't have stability. What we've been waiting on this whole time was stability...they're probably much further along than they're telling you and probably much more organized...
2-4-2021 Newshound/Intel Guru Mnt Goat What we know for FACT is someday very soon the Iraqi dinar reinstatement MUST happen or Iraq cannot become in the long term the great nation it has the potential to be. ...The other FACT that we know is the corruption within Iraq , Iran and the US is holding up the reinstatement of the dinar. This is not my “opinion” but FACT. ...Iraq is ripe with corruption. ...Trump did have a plan to stop the corruption and shut down Iran ’s involvement in Iraq and also the US politicians who are raiding the coffers of Iraqi wealth. His plan was working and Iraq began moving ahead...
2-4-2021 Intel Guru Bruce ...the redemption center personnel for the most part are on standby – 35 minute call time - to be at their desk read to go - the lowest time we have ever had - that’s pretty quick...We are I believe very close...timing is very good – very close and I have the feeling that that we are on the precipice of this thing – just about ready to get started but obviously we’ve been in a position close like this before – we certainly thought so – so we’ll see how this one manifests - we will see if this one does come through – I would be prepared - to go at any moment...I think we are in good shape... and I am excited...
2-4-2021 Newshound Guru Pimpy Article: "On Monday, the Central Bank of Iraq's hard currency sales increased by 26 percent" This is good. Where before they were holding U.S. dollars because the Iraqi dinar had devalued and so you know they don't want to part with the US dollar. It's a stronger currency against the dinar...This jacks up the foreign currency they [The CBI] hold so the foreign currency assets are increasing. This is good because what that does then it strengthens the Iraqi dinar. We want to see this happen...this is a good thing to see happen.
2-4-2021 Newshound Guru Jeff Iraq is in the news. They're kind of suggesting that Kurdistan and Baghdad still have differences with the figures in the '21 budget...I doubt Kurdistan and Baghdad have many differences...be careful of what information you choose to trust...we're looking really good. Everything in Iraq is moving in the right direction. They have set the stage for the rate change. The IMF and WB are calling the shots. Even oil is moving in the right direction. Right now they have a budget surplus of oil. Everything is looking good...
2-4-2021 Intel Guru MarkZ [via PDK] IMO This is our month…IMO we will see it this month..People are still in position for the RV…they are staying in position.
2-4-2021 Newshound Guru Pimpy Erbil and Baghdad still need to come together and come up with an agreement. There's still some disagreements there. As soon as they do and they get that going forward, get that settled then we'll have a the 2021 budget. Truly finalized.
2-4-2021 Newshound Guru Jeff Since Iraq devalued their currency who's been in charge? Who instructed Iraq to devalue their currency? The World Bank and the IMF. The WB and the IMF they don't play games. They don't work around a big sloppy mess. They run a tight ship. If you think Iraq is a big sloppy, disorganized mess that doesn't have stability, think about it carefully. The WB would not work with Iraq if they were a big sloppy mess and they didn't have stability. What we've been waiting on this whole time was stability...they're probably much further along than they're telling you and probably much more organized...
2-4-2021 Newshound/Intel Guru Mnt Goat What we know for FACT is someday very soon the Iraqi dinar reinstatement MUST happen or Iraq cannot become in the long term the great nation it has the potential to be. ...The other FACT that we know is the corruption within Iraq , Iran and the US is holding up the reinstatement of the dinar. This is not my “opinion” but FACT. ...Iraq is ripe with corruption. ...Trump did have a plan to stop the corruption and shut down Iran ’s involvement in Iraq and also the US politicians who are raiding the coffers of Iraqi wealth. His plan was working and Iraq began moving ahead...
2-4-2021 Intel Guru Bruce ...the redemption center personnel for the most part are on standby – 35 minute call time - to be at their desk read to go - the lowest time we have ever had - that’s pretty quick...We are I believe very close...timing is very good – very close and I have the feeling that that we are on the precipice of this thing – just about ready to get started but obviously we’ve been in a position close like this before – we certainly thought so – so we’ll see how this one manifests - we will see if this one does come through – I would be prepared - to go at any moment...I think we are in good shape... and I am excited...
2-3-2021 Intel Guru MarkZ [Do you still think this RV will ever happen?] Undoubtably…100% absolutely…i believe it will happen. From the white papers in Iraq- they seem to intimate the value of the dinar could be close to what Dr. Shabibi has said in the past. $16.00… Iraq through auction have been busy buying dinar off the streets using USD throughout the middle east…less of it in circulation will help justify a higher value...they are preparing to revalue their currency and I think we are on the cusp.
2-3-2021 Intel Guru Frank26 Question: "If you need to register for a 1-800 number once the RV occurs would anyone know...?" That's a bunch of garbage. It's a bunch of kaka...take your credit cards out of your pocket, turn it around and you'll see the bank you have that card with, there's the 800 number for any bank. There's not going to be one special 800 number you're going to call for one bank to exchange you. That's beyond stupidity...
2-3-2021 Newshound Guru Adam Montana Article: "Parliamentary Finance: To vote on the new Iraqi budget..." What that doesn't tell you is that the Budget doesn't have to have the rate. The Rate also does not need to be included in the Budget! That's not to say that the Budget doesn't matter - it does! But what really matters is the satisfaction of the Kurds...and that, my friends, is happening very nicely. In fact, it's happening more than just "nicely" - check this one out: Article quote: "Parliament is considering settling accounts between Baghdad and Erbil 3rd February, 2021"...it's a "wait and see" game right now. Wait for the RV, then see you on an island! GO RRRRVVVVVVV!!!!
2-3-2021 Intel Guru MarkZ Lots of people still sitting in their seats waiting for the trigger to be pulled. Waiting for exchanges to start.
2-3-2021 Newshound/Intel Guru Walkingstick [via Frank26] ...the AMF [Arab Monetary Fund] is a tool that can and will distribute the Iraqi dinar all over the 22 Middle Eastern countries...the AMF is allowing Iraq to render them mutually convertible. To be convertible means to be able to use the Iraqi dinar internationally to buy, to trade, to sell with no restrictions...when you see these things you have to understand what's about to be said about their exchange rate and currency...it's very easy to see IQD via the AMF is about to go Article 8 international. No restrictions to be used internationally...that is the powerful sound that is coming out of our investment right now...
2-3-2021 Newshound Guru Jeff Article: "Pope Francis reveals the date of his historic visit to Iraq" The Pope is only going there to pray over Iraq and pray for them to be successful. This is more proof Iraq is going international. It's a point of new beginnings...spring is the new beginning. That's where Iraq is headed. He's praying for the prosperity of Iraq...
2-3-2021 Intel Guru Frank26 In December the IMF told the world Iraq is about to increase the value of their currency. In January tells the world the same thing. What do you think is going to happen in the month of February? This is huge...this is fantastic...the US treasury is done. The IMF is done. The World Bank seems to be done. CBI it's your turn...
2-3-2021 Newshound/Intel Guru Mnt Goat Article: "THE INTERNATIONAL DEVELOPMENT BANK ANNOUNCED THAT IT HAS JOINED THE BANI PLATFORM FOR CLEARING AND SETTLING ARAB PAYMENTS." I want you to bear in mind that just because they set this up does not mean Iraq will be on it sooner than later. Remember they also set up links into the NASDAQ trading and we saw all the the hype about it...But here we are and still no RV...We may have to still wait but it is coming and this is yet another sign. It is all very good!
2-3-2021 Intel Guru Frank26 Question: "If you need to register for a 1-800 number once the RV occurs would anyone know...?" That's a bunch of garbage. It's a bunch of kaka...take your credit cards out of your pocket, turn it around and you'll see the bank you have that card with, there's the 800 number for any bank. There's not going to be one special 800 number you're going to call for one bank to exchange you. That's beyond stupidity...
2-3-2021 Newshound Guru Adam Montana Article: "Parliamentary Finance: To vote on the new Iraqi budget..." What that doesn't tell you is that the Budget doesn't have to have the rate. The Rate also does not need to be included in the Budget! That's not to say that the Budget doesn't matter - it does! But what really matters is the satisfaction of the Kurds...and that, my friends, is happening very nicely. In fact, it's happening more than just "nicely" - check this one out: Article quote: "Parliament is considering settling accounts between Baghdad and Erbil 3rd February, 2021"...it's a "wait and see" game right now. Wait for the RV, then see you on an island! GO RRRRVVVVVVV!!!!
2-3-2021 Intel Guru MarkZ Lots of people still sitting in their seats waiting for the trigger to be pulled. Waiting for exchanges to start.
2-3-2021 Newshound/Intel Guru Walkingstick [via Frank26] ...the AMF [Arab Monetary Fund] is a tool that can and will distribute the Iraqi dinar all over the 22 Middle Eastern countries...the AMF is allowing Iraq to render them mutually convertible. To be convertible means to be able to use the Iraqi dinar internationally to buy, to trade, to sell with no restrictions...when you see these things you have to understand what's about to be said about their exchange rate and currency...it's very easy to see IQD via the AMF is about to go Article 8 international. No restrictions to be used internationally...that is the powerful sound that is coming out of our investment right now...
2-3-2021 Newshound Guru Jeff Article: "Pope Francis reveals the date of his historic visit to Iraq" The Pope is only going there to pray over Iraq and pray for them to be successful. This is more proof Iraq is going international. It's a point of new beginnings...spring is the new beginning. That's where Iraq is headed. He's praying for the prosperity of Iraq...
2-3-2021 Intel Guru Frank26 In December the IMF told the world Iraq is about to increase the value of their currency. In January tells the world the same thing. What do you think is going to happen in the month of February? This is huge...this is fantastic...the US treasury is done. The IMF is done. The World Bank seems to be done. CBI it's your turn...
2-3-2021 Newshound/Intel Guru Mnt Goat Article: "THE INTERNATIONAL DEVELOPMENT BANK ANNOUNCED THAT IT HAS JOINED THE BANI PLATFORM FOR CLEARING AND SETTLING ARAB PAYMENTS." I want you to bear in mind that just because they set this up does not mean Iraq will be on it sooner than later. Remember they also set up links into the NASDAQ trading and we saw all the the hype about it...But here we are and still no RV...We may have to still wait but it is coming and this is yet another sign. It is all very good!
2-2-2021 Intel Guru Footforward to me there's a difference between the budget and the white papers. I'm also expecting a fake out. Because I think most people are expecting to see the rate in the budget. And if it's not there a lot of people are going to be very discouraged. [Frank [Guru Frank26] did let us know that it’s not in the budget, however there is a Ryder and will come out shortly after the budget.] that's what I believe as well.
2-2-2021 Intel Guru MarkZ [via PDK] ...I dug further into the budget and what they have done….plus comments from others …it appears they are looking for a rate somewhere between $14-$16 dollars. This is very similar to what Shabibi told us years ago…and this is higher than I suspected. It certainly makes sense.
2-2-2021 Newshound/Intel Guru Mnt Goat What we know for FACT is someday very soon the Iraqi dinar reinstatement MUST happen or Iraq cannot become in the long term the great nation it has the potential to be. ...The other FACT that we know is the corruption within Iraq , Iran and the US is holding up the reinstatement of the dinar. This is not my “opinion” but FACT. ... Iraq is ripe with corruption. ... Trump did have a plan to stop the corruption and shut down Iran ’s involvement in Iraq and also the US politicians who are raiding the coffers of Iraqi wealth. His plan was working and Iraq began moving ahead...
2-2-2021 Newshound Guru Jeff The '21 budget is indeed married to the rate change. It doesn't contain a rate at all. It's married to the rate change in the sense that the budget itself will be calculated off the rate change...
2-2-2021 Intel Guru MarkZ [via PDK] Everyone is in position…everybody is where they need to be for the reset…they are just waiting for someone to pull that trigger. This is the first time in a long time where everyone is where they are supposed to be…i am very encouraged by that. We are once more on the precipice or the cusp…
2-2-2021 Intel Guru Frank26 The budget law is the key I believe to bring forth the new exchange rate. I don't know if the budget is going to have the new exchange rate. IMO the budget has a rider in it to be able to bring it back retroactive to January 1st. I do feel deep in my heart that this budget is highly involved with the new exchange rate that they are going to be coming out with.
2-2-2021 Intel Guru Footforward Article: "Iraq' 2021 Budget law to be approved this week..." Quote: "Iraq' 2021 Budget law is expected to be approved tomorrow Tuesday..." Which is good news. But I'm 97% sure that the new rate is not going to be in that budget and will come out in something shortly after the budget's released. It's not financial or investment advice that is my opinion.
2-2-2021 Newshound Guru Jeff Article: "Parliamentary Finance meets with official from the World Bank" In the past they've never really had the World Bank and the IMF involved with budgets. The reason they have the World Bank involved with this one is because this budget is now linked to the rate change. It has reforms in it which the World Bank has financed. Because they financed the reforms they need to monitor what happens in Iraq financially because they have a vested interest...payments can only be paid back to the World Bank with internationally recognized currency.
2-2-2021 Intel Guru MarkZ [via PDK] ...I dug further into the budget and what they have done….plus comments from others …it appears they are looking for a rate somewhere between $14-$16 dollars. This is very similar to what Shabibi told us years ago…and this is higher than I suspected. It certainly makes sense.
2-2-2021 Newshound/Intel Guru Mnt Goat What we know for FACT is someday very soon the Iraqi dinar reinstatement MUST happen or Iraq cannot become in the long term the great nation it has the potential to be. ...The other FACT that we know is the corruption within Iraq , Iran and the US is holding up the reinstatement of the dinar. This is not my “opinion” but FACT. ... Iraq is ripe with corruption. ... Trump did have a plan to stop the corruption and shut down Iran ’s involvement in Iraq and also the US politicians who are raiding the coffers of Iraqi wealth. His plan was working and Iraq began moving ahead...
2-2-2021 Newshound Guru Jeff The '21 budget is indeed married to the rate change. It doesn't contain a rate at all. It's married to the rate change in the sense that the budget itself will be calculated off the rate change...
2-2-2021 Intel Guru MarkZ [via PDK] Everyone is in position…everybody is where they need to be for the reset…they are just waiting for someone to pull that trigger. This is the first time in a long time where everyone is where they are supposed to be…i am very encouraged by that. We are once more on the precipice or the cusp…
2-2-2021 Intel Guru Frank26 The budget law is the key I believe to bring forth the new exchange rate. I don't know if the budget is going to have the new exchange rate. IMO the budget has a rider in it to be able to bring it back retroactive to January 1st. I do feel deep in my heart that this budget is highly involved with the new exchange rate that they are going to be coming out with.
2-2-2021 Intel Guru Footforward Article: "Iraq' 2021 Budget law to be approved this week..." Quote: "Iraq' 2021 Budget law is expected to be approved tomorrow Tuesday..." Which is good news. But I'm 97% sure that the new rate is not going to be in that budget and will come out in something shortly after the budget's released. It's not financial or investment advice that is my opinion.
2-2-2021 Newshound Guru Jeff Article: "Parliamentary Finance meets with official from the World Bank" In the past they've never really had the World Bank and the IMF involved with budgets. The reason they have the World Bank involved with this one is because this budget is now linked to the rate change. It has reforms in it which the World Bank has financed. Because they financed the reforms they need to monitor what happens in Iraq financially because they have a vested interest...payments can only be paid back to the World Bank with internationally recognized currency.
2-1-2021 Newshound Guru MilitiaMan Article: "Sairoun: Raising Or Lowering The Exchange Rate Of The Currency Is The Exclusive Authority Of The Government" The reducing the price of the local currency is not going to happen again. 1182 Didn't work 1190 didn't work nor will 1460 if left with out deleting the zeros from the exchange rate. imo
2-1-2021 Newshound Guru NORV [aka Kaperoni] ...there is no intent to redenominate the dinar...First it would take parliament approval, and second their would be no reason to encourage exchange and settlement among middle east countries (Buna) and eventually the world if they were planning to redenominate (LOP) the dinar. Not to mention, Iraq has had less than 3% inflation for the past 20 years. The plan for Iraq is like other middle east countries which is to diversify, create stability, employment and a private sector, foreign investment to improve the economy and create economic growth...only then the dinar can appreciate as a result. There has never been one indication that the IMF would support such an event, in fact they speak of allowing the currency to rise. Even the recent devaluation was not random, but an attempt to preserve the central banks reserves as well as meet compliance with the IMF. It is well documented...
2-1-2021 Newshound Guru Jeff Article quote: "the idea of raising the price of the dollar is an international policy shared by the Ministry of Finance, the Ministry of Planning and the Iraqi government, especially the International Monetary Fund." ...since they devalued the currency on December 20th the World Bank and the IMF have been putting a big emphasis on Iraq bringing forth this rate change, get the reforms going and improve Iraq's economy...
2-1-2021 Intel Guru MarkZ [via PDK] [Are we there yet?...] Well everybody is in place…Everybody I know that is involved with groups at the upper end is in place. We do not know the timing. This is a “when” not an “if”...just awaiting someone to pull the trigger. ...News out of Iraq…they are openly talking about their new budget and the white papers. In news articles they are talking about the need for a higher value for their currency in order to meet the requirements of their new budget. They are clearly preparing people for this and for the lower denominations and how their Qi cards work.
2-1-2021 Newshound Guru Jeff Article quote: "Today Sunday the World Bank confirmed that changing the exchange rate gives the state the ability to increase its revenue..." ...They are not talking about decreasing. They're talking about increasing...if they keep the exchange rate lower, imports are going to cost more. If they increase the exchange rate imports cost less...
2-1-2021 Newshound Guru MilitiaMan Article: "Advisor to the Prime Minister: Creating new electronic payment cards that will enhance the advancement of services provided to citizens" DIGITAL MONEY!!! I seriously like to hear this. They told us about this... It is and was part of the plan of a level playing field. Get ready to be cashless than before. They told us there would be a smaller amount of currency in circulation. Well when they adjust the exchange rate accordingly they will need less cash. As it will be worth more...imo
2-1-2021 Newshound Guru MilititMan Article: "Al-Yasiri: The Central Bank's initiatives have contributed to employing the unemployed and moving stalled projects" Quote: "the aim of changing the exchange rates is to support the Iraqi product in competition with imported products...He explained that "some sectors will respond immediately to this change..." I would have to agree that the response will be immediately. They change the exchange rate and the markets respond in like kind. And in a big way. Contracts will require it!!! imo.. The news is off the charts good...the way they are talking today and yesterday. Comprehensive development process have been on going and we are now finally see the fruit of it all! imo
2-1-2021 Newshound Guru NORV [aka Kaperoni] ...there is no intent to redenominate the dinar...First it would take parliament approval, and second their would be no reason to encourage exchange and settlement among middle east countries (Buna) and eventually the world if they were planning to redenominate (LOP) the dinar. Not to mention, Iraq has had less than 3% inflation for the past 20 years. The plan for Iraq is like other middle east countries which is to diversify, create stability, employment and a private sector, foreign investment to improve the economy and create economic growth...only then the dinar can appreciate as a result. There has never been one indication that the IMF would support such an event, in fact they speak of allowing the currency to rise. Even the recent devaluation was not random, but an attempt to preserve the central banks reserves as well as meet compliance with the IMF. It is well documented...
2-1-2021 Newshound Guru Jeff Article quote: "the idea of raising the price of the dollar is an international policy shared by the Ministry of Finance, the Ministry of Planning and the Iraqi government, especially the International Monetary Fund." ...since they devalued the currency on December 20th the World Bank and the IMF have been putting a big emphasis on Iraq bringing forth this rate change, get the reforms going and improve Iraq's economy...
2-1-2021 Intel Guru MarkZ [via PDK] [Are we there yet?...] Well everybody is in place…Everybody I know that is involved with groups at the upper end is in place. We do not know the timing. This is a “when” not an “if”...just awaiting someone to pull the trigger. ...News out of Iraq…they are openly talking about their new budget and the white papers. In news articles they are talking about the need for a higher value for their currency in order to meet the requirements of their new budget. They are clearly preparing people for this and for the lower denominations and how their Qi cards work.
2-1-2021 Newshound Guru Jeff Article quote: "Today Sunday the World Bank confirmed that changing the exchange rate gives the state the ability to increase its revenue..." ...They are not talking about decreasing. They're talking about increasing...if they keep the exchange rate lower, imports are going to cost more. If they increase the exchange rate imports cost less...
2-1-2021 Newshound Guru MilitiaMan Article: "Advisor to the Prime Minister: Creating new electronic payment cards that will enhance the advancement of services provided to citizens" DIGITAL MONEY!!! I seriously like to hear this. They told us about this... It is and was part of the plan of a level playing field. Get ready to be cashless than before. They told us there would be a smaller amount of currency in circulation. Well when they adjust the exchange rate accordingly they will need less cash. As it will be worth more...imo
2-1-2021 Newshound Guru MilititMan Article: "Al-Yasiri: The Central Bank's initiatives have contributed to employing the unemployed and moving stalled projects" Quote: "the aim of changing the exchange rates is to support the Iraqi product in competition with imported products...He explained that "some sectors will respond immediately to this change..." I would have to agree that the response will be immediately. They change the exchange rate and the markets respond in like kind. And in a big way. Contracts will require it!!! imo.. The news is off the charts good...the way they are talking today and yesterday. Comprehensive development process have been on going and we are now finally see the fruit of it all! imo
1-31-2021 Newshound/Intel Guru BGG ...for the first time, maybe ever – they are actually using language that implies some tie of “raising the exchange rate” to the new budget?!?
1-31-2021 Intel Guru Footforward ...Based on my "opinion", 3.18 makes more sense as a date then it does as a rate. In my "opinion" the rate "can't" be that low. That's not financial or investment advice. My opinion (again not financial or investment advice) is that the dinar has to be over 3.50.
1-31-2021 Newshound Guru MilitiaMan Article: "Parliamentary Finance expects: Approval of the 2021 budget within the next two days" I cannot imagine, them not passing this week for a vote. They know there is to much at stake now. There is apparently no going back now... Way to much has been accomplished...imo.
1-31-2021 Newshound Guru Adam Montana [Iraq is trying to defer payment of debt to Kuwait because of their current financial crisis. What does this signify in regards to an RV? If the deferment is granted, does this affect the timing?] In regards to an RV, I say it signifies nothing. Iraq has always tried to plead poverty and defer payments and anything else they can do - just like we would expect any other country to do. The payments are in dollars, not Dinars... this means that after they RV, it will be easier for them to repay. In fact, it makes sense to stall payments until after the RV if possible, because they will effectively pay less that way. Or at least have more to pay with, but I don't think their payment schedule will change for them. It's just better for them all around that way.
1-31-2021 Newshound Guru NORV [aka Kaperoni] If we are to get excited about anything in Iraq of late read up on the Buna payment system. This will create demand and facilitate exchange in Middle East currencies. The end result could be growth of the Iraq economy and an increase in the exchange rate. Time will tell...
1-31-2021 Newshound Guru Adam Montana [I truly believe the "HCL" will be done simultaneously with the Budget 2021 or immediately afterwards...Your thoughts?] I'm mostly in agreement there! It certainly could be done simultaneously with the Budget, but that doesn't mean it has to be done simultaneous...however, the timing certainly is good. I'm hopeful.
1-31-2021 Intel Guru Footforward ...Based on my "opinion", 3.18 makes more sense as a date then it does as a rate. In my "opinion" the rate "can't" be that low. That's not financial or investment advice. My opinion (again not financial or investment advice) is that the dinar has to be over 3.50.
1-31-2021 Newshound Guru MilitiaMan Article: "Parliamentary Finance expects: Approval of the 2021 budget within the next two days" I cannot imagine, them not passing this week for a vote. They know there is to much at stake now. There is apparently no going back now... Way to much has been accomplished...imo.
1-31-2021 Newshound Guru Adam Montana [Iraq is trying to defer payment of debt to Kuwait because of their current financial crisis. What does this signify in regards to an RV? If the deferment is granted, does this affect the timing?] In regards to an RV, I say it signifies nothing. Iraq has always tried to plead poverty and defer payments and anything else they can do - just like we would expect any other country to do. The payments are in dollars, not Dinars... this means that after they RV, it will be easier for them to repay. In fact, it makes sense to stall payments until after the RV if possible, because they will effectively pay less that way. Or at least have more to pay with, but I don't think their payment schedule will change for them. It's just better for them all around that way.
1-31-2021 Newshound Guru NORV [aka Kaperoni] If we are to get excited about anything in Iraq of late read up on the Buna payment system. This will create demand and facilitate exchange in Middle East currencies. The end result could be growth of the Iraq economy and an increase in the exchange rate. Time will tell...
1-31-2021 Newshound Guru Adam Montana [I truly believe the "HCL" will be done simultaneously with the Budget 2021 or immediately afterwards...Your thoughts?] I'm mostly in agreement there! It certainly could be done simultaneously with the Budget, but that doesn't mean it has to be done simultaneous...however, the timing certainly is good. I'm hopeful.
1-30-2021 Newshound/Intel Guru RVAlready Time to finish the RV. I’m sure the rate has been set by now. Just waiting for CBI to announce. Ready for the number!!!
1-30-2021 Newshound Guru Kaperoni The Buna payment system which is part of the Arab Monetary Fund announced a few months ago that the Iraqi dinar would be joining the program. Today, they announced a relationship with JP Morgan Bank for settlements in US dollars. This is significant news.
1-30-2021 Newshound/Intel Guru Petra Article: "Finally, the 2021 budget is ready for approval in Parliament" Quote: "the Parliamentary Finance Committee will, next week, distribute copies of the revised draft of the Maronite law to the heads of political blocs 24 hours before the date of the voting session on the budget law." The source pointed out that "next Monday is the day set for resuming parliamentary sessions and voting on the budget law." So, IMO, BIS requires at least 24 hours notice prior to any formal rate change within all CB's around the world. They, in turn, relay that information back to all the CB's globally. Now, if you read what I just posted the final "draft" will be sent...24 hours prior to the vote. Interesting timing. This may be something, maybe nothing, but it sure falls in line with rate before budget. They are to vote on Monday as Tuesday is their "last day of session!" So, timing is sure unique and allows the ledger to reflect the rate change retroactively back to Jan 1. Again, IMO.
1-30-2021 Newshound Guru Jeff Article: "Shocking parliamentary warning: The dollar may rise to 500 thousand dinar" ...this is not even from the Central Bank...this article is pure trash...Anytime financial information is put out in the news if it's not from the Central Bank I would be very careful trusting it. Be careful trusting only one single article... Article: "Parliament intends to reduce the dollar exchange rate in the budget". Here's what they're really going to do...they have to. Their inflation is rising and they have to bring it down.
1-30-2021 Newshound Guru Adam Montana [Do you think Iraq will go to a digital currency? And Do you feel it will happen at the same time, before or after the rv?] Eventually, yes. After. The timing for an RV is good now. The timing, technology, etc for converting to digital isn't quite there at the moment.
1-30-2021 Intel Guru Bruce [via WiserNow] ...what we are looking for them to do is to do a final vote...of the budget - AND…the HCL...The HCL is the Hydro Carbon Law - it’s the Oil and Gas Law...the law that takes percentages and attributes the percentages to the region of Kurdistan and the rest of Iraq and Baghdad...they are going to vote on is a final vote on 2021 budget and the HCL on Monday...but to be able to do that they have to have a new rate on the Iraqi Dinar before the vote...one of our individuals that lives in Mosul...said that has to happen before Monday – well guess what? The first business day for Iraq is Sunday – my gut is they will have that new rate on Sunday...the timing is interesting as far as the vote on Monday – Remember – we do have a group of people over there in Iraq to help them finish this – and give them any additional help they need regarding the reevaluation of their currency – What is it going to come out at? I don’t know exactly – I know it should be really good – along the lines of what Dr Shabbibi said it would be – back in 2012...
1-30-2021 Newshound Guru Jeff They'll have the budget done by mid-February. That's all that matters. The exact timing of this has nothing to do with the rate change. Even if they complete the budget in a week or two it has nothing to do with the timing of the rate change. The rate change will have everything to do with the timing of their fiscal year...Iraq is walking in Kuwaits footsteps...Don't forget Iraq kind of already gave you the rate change date - when they devalued the currency on December 20th. That was a 90-day tool for the rate change...to reduce the dinar note count and get more 3 zero notes out of circulation within the country of Iraq...you guys are in the best spot you've ever been in. We're looking really good...
1-30-2021 Newshound Guru Kaperoni The Buna payment system which is part of the Arab Monetary Fund announced a few months ago that the Iraqi dinar would be joining the program. Today, they announced a relationship with JP Morgan Bank for settlements in US dollars. This is significant news.
1-30-2021 Newshound/Intel Guru Petra Article: "Finally, the 2021 budget is ready for approval in Parliament" Quote: "the Parliamentary Finance Committee will, next week, distribute copies of the revised draft of the Maronite law to the heads of political blocs 24 hours before the date of the voting session on the budget law." The source pointed out that "next Monday is the day set for resuming parliamentary sessions and voting on the budget law." So, IMO, BIS requires at least 24 hours notice prior to any formal rate change within all CB's around the world. They, in turn, relay that information back to all the CB's globally. Now, if you read what I just posted the final "draft" will be sent...24 hours prior to the vote. Interesting timing. This may be something, maybe nothing, but it sure falls in line with rate before budget. They are to vote on Monday as Tuesday is their "last day of session!" So, timing is sure unique and allows the ledger to reflect the rate change retroactively back to Jan 1. Again, IMO.
1-30-2021 Newshound Guru Jeff Article: "Shocking parliamentary warning: The dollar may rise to 500 thousand dinar" ...this is not even from the Central Bank...this article is pure trash...Anytime financial information is put out in the news if it's not from the Central Bank I would be very careful trusting it. Be careful trusting only one single article... Article: "Parliament intends to reduce the dollar exchange rate in the budget". Here's what they're really going to do...they have to. Their inflation is rising and they have to bring it down.
1-30-2021 Newshound Guru Adam Montana [Do you think Iraq will go to a digital currency? And Do you feel it will happen at the same time, before or after the rv?] Eventually, yes. After. The timing for an RV is good now. The timing, technology, etc for converting to digital isn't quite there at the moment.
1-30-2021 Intel Guru Bruce [via WiserNow] ...what we are looking for them to do is to do a final vote...of the budget - AND…the HCL...The HCL is the Hydro Carbon Law - it’s the Oil and Gas Law...the law that takes percentages and attributes the percentages to the region of Kurdistan and the rest of Iraq and Baghdad...they are going to vote on is a final vote on 2021 budget and the HCL on Monday...but to be able to do that they have to have a new rate on the Iraqi Dinar before the vote...one of our individuals that lives in Mosul...said that has to happen before Monday – well guess what? The first business day for Iraq is Sunday – my gut is they will have that new rate on Sunday...the timing is interesting as far as the vote on Monday – Remember – we do have a group of people over there in Iraq to help them finish this – and give them any additional help they need regarding the reevaluation of their currency – What is it going to come out at? I don’t know exactly – I know it should be really good – along the lines of what Dr Shabbibi said it would be – back in 2012...
1-30-2021 Newshound Guru Jeff They'll have the budget done by mid-February. That's all that matters. The exact timing of this has nothing to do with the rate change. Even if they complete the budget in a week or two it has nothing to do with the timing of the rate change. The rate change will have everything to do with the timing of their fiscal year...Iraq is walking in Kuwaits footsteps...Don't forget Iraq kind of already gave you the rate change date - when they devalued the currency on December 20th. That was a 90-day tool for the rate change...to reduce the dinar note count and get more 3 zero notes out of circulation within the country of Iraq...you guys are in the best spot you've ever been in. We're looking really good...
1-29-2021 Intel Guru Bruce ...Iraq finally evidently agreed on (I don’t remember the name of it) it’s been so far back – it’s a matter of the sharing of revenue between lower Iraq Baghdad – and the Kurdistan Region – which is north part of Iraq - and they have evidently settled on a percentage of revenue that would go to Kurdistan...there appears to be a win / win situation between...Kurdistan and lower provinces of Iraq - so that is good - They’ve got some agreement and are moving forward from there...
1-29-2021 Intel Guru MarkZ [via PDK] We have always been told the ideal window was a Saturday Night between 11 pm est to 2-3 AM est…This is the ideal time because of the lack of numbers going through the financial system. It’s a quiet time and the easiest time to flag any nefarious things going on….We have always been looking at this timeframe. Yes they could do it other times….but Saturday night is the one that makes the most sense...With the QDS system they do have more flexibility then they had before.
1-29-2021 Intel Guru Mike Cottrell [via PDK] [What timeframe/window are you hearing for the RV?] The window is anytime. We are looking at the first financial quarter of the year...I think the window is any time….I would look for it at any moment. …The timeframe that was always given to me was Thurs, Fri, Sat, Sun…Saturday night is when all the banks shut down worldwide for at least an hour to redo their books for going into Monday’s business…
1-29-2021 Newshound Guru Pimpy Article: "The president of the Republic receives a written message from the king of Jordan" Each country's currency gets its value from strong economies...so when you see these countries coming together to work with one another in business and and trade all it does is strengthens their economy. That's what we want to look for. I told you don't just look for an RV or an RI...there are other factors that we can be watching. Pay attention to what's happening in the economy...
1-29-2021 Newshound Guru Jeff ...You've seen this financial article...that said the dollar exchange rate would remain high for a period of 3 years...there were things I've taught you guys in this but you didn't apply it...how many of those articles did you see? Only one. Nothing more. I've taught you that you need to see more than one. When they devalued the currency on December 20th we saw a lot of articles. Not just one. We saw a bunch. Second, the article talking about the dollar exchange rate remaining high...that only came from the Parliamentary Finance Committee...if it doesn't come from the Central Bank it's don't hold any credibility...I need to see it from the Central Bank...we need to see more than one article and it's got to come from the Central Bank...
1-29-2021 Newshound Guru Adam Montana [Will the cancelling of the Keystone XL increase demand for IRAQI oil and thereby the PPB? Could this be a Precursor to an RV?] That's a great observation, and I think it's 100% in Iraq's favor! Anything that drives the price of oil up, and does not take away from Iraq's ability to produce and export their own product, is good for Iraq. This is one such example.
1-29-2021 Newshound Guru MilitiaMan Article: "International Monetary Receives an "emergency request" from Iraq" Yep... They are not going to do that for a program rate... More to the story and the story is economic success, hence, the support from the IMF... There is give and take and Iraq is ready to give now.. imo..
1-29-2021 Intel Guru MarkZ [via PDK] [Any new info on dong rates?] I am still hearing a street rate .47 to .50 cents and it will be allowed to float up. The contract rate is expected to be in the low $2 dollars. Hopefully this is accurate. We are not going to know the actual rates until we get there. Some rates are being re-negotiated up until the very last moment.
1-29-2021 Intel Guru MarkZ [via PDK] We have always been told the ideal window was a Saturday Night between 11 pm est to 2-3 AM est…This is the ideal time because of the lack of numbers going through the financial system. It’s a quiet time and the easiest time to flag any nefarious things going on….We have always been looking at this timeframe. Yes they could do it other times….but Saturday night is the one that makes the most sense...With the QDS system they do have more flexibility then they had before.
1-29-2021 Intel Guru Mike Cottrell [via PDK] [What timeframe/window are you hearing for the RV?] The window is anytime. We are looking at the first financial quarter of the year...I think the window is any time….I would look for it at any moment. …The timeframe that was always given to me was Thurs, Fri, Sat, Sun…Saturday night is when all the banks shut down worldwide for at least an hour to redo their books for going into Monday’s business…
1-29-2021 Newshound Guru Pimpy Article: "The president of the Republic receives a written message from the king of Jordan" Each country's currency gets its value from strong economies...so when you see these countries coming together to work with one another in business and and trade all it does is strengthens their economy. That's what we want to look for. I told you don't just look for an RV or an RI...there are other factors that we can be watching. Pay attention to what's happening in the economy...
1-29-2021 Newshound Guru Jeff ...You've seen this financial article...that said the dollar exchange rate would remain high for a period of 3 years...there were things I've taught you guys in this but you didn't apply it...how many of those articles did you see? Only one. Nothing more. I've taught you that you need to see more than one. When they devalued the currency on December 20th we saw a lot of articles. Not just one. We saw a bunch. Second, the article talking about the dollar exchange rate remaining high...that only came from the Parliamentary Finance Committee...if it doesn't come from the Central Bank it's don't hold any credibility...I need to see it from the Central Bank...we need to see more than one article and it's got to come from the Central Bank...
1-29-2021 Newshound Guru Adam Montana [Will the cancelling of the Keystone XL increase demand for IRAQI oil and thereby the PPB? Could this be a Precursor to an RV?] That's a great observation, and I think it's 100% in Iraq's favor! Anything that drives the price of oil up, and does not take away from Iraq's ability to produce and export their own product, is good for Iraq. This is one such example.
1-29-2021 Newshound Guru MilitiaMan Article: "International Monetary Receives an "emergency request" from Iraq" Yep... They are not going to do that for a program rate... More to the story and the story is economic success, hence, the support from the IMF... There is give and take and Iraq is ready to give now.. imo..
1-29-2021 Intel Guru MarkZ [via PDK] [Any new info on dong rates?] I am still hearing a street rate .47 to .50 cents and it will be allowed to float up. The contract rate is expected to be in the low $2 dollars. Hopefully this is accurate. We are not going to know the actual rates until we get there. Some rates are being re-negotiated up until the very last moment.
1-28-2021 Intel Guru RayRen98 US BANKS ARE "ON LOCATION" TODAY... WAITING FOR THE "GO" SIGNAL!...EVEN THE TREASURY FOLK ARE STARTING TO SOUND EXCITED.
1-28-2021 Newshound/Intel Guru Mnt Goat ...If the reinstatement was going to happen, we would have seen an education period followed by the project to delete the zeros in December followed by the reinstatement in January. This is the process and each step takes time. Is there still a chance to see the reinstatement any time soon? As long as the 2021 budget is not yet opened there is a slight chance, a very slight chance, it can still happen, but I am very doubtful. This is only from a technical standpoint not a practical standpoint. There is a difference.
1-28-2021 Intel Guru Bruce I do know that the rates are supposed to be high – and higher than we thought - which is pretty good for us but – I am really not that concerned about it - but we do know that step in this process is important...
1-28-2021 Intel Guru MarkZ [via PDK] We are hearing good news out of Iraq as the white papers are moving forward again. There is a lot of great chatter coming out of Iraq right now...I am feeling very hopeful right now.
1-28-2021 Newshound Guru Pimpy Article: "Another Arab county joins the club of normalization with Israel" This is very very dangerous for Iran...it's gonna make it very hard for Iran to bully these people around...This is a continuation of what Trump started...this is good. It really is...these people are all in the Middle East and we need peace in the Middle East...
1-28-2021 Newshound Guru Adam Montana [How’s the impact of the latest suicide bombing and the affect of biden if any?] Although both are tragic and unfortunate, I see no impact from either of those.
1-28-2021 Newshound Guru MilitiaMan Article: "Al-Halbousi and the Emir of Kuwait discuss activating the joint governmental and parliamentary committees between the two countries" This is about tens of billions of dollars for re construction. Clearing and Settling payments goes hand and hand with this. If we cannot see what is at play by now, one may never get it.. Wow! This is good... imo!
1-28-2021 Newshound/Intel Guru Mnt Goat ...If the reinstatement was going to happen, we would have seen an education period followed by the project to delete the zeros in December followed by the reinstatement in January. This is the process and each step takes time. Is there still a chance to see the reinstatement any time soon? As long as the 2021 budget is not yet opened there is a slight chance, a very slight chance, it can still happen, but I am very doubtful. This is only from a technical standpoint not a practical standpoint. There is a difference.
1-28-2021 Intel Guru Bruce I do know that the rates are supposed to be high – and higher than we thought - which is pretty good for us but – I am really not that concerned about it - but we do know that step in this process is important...
1-28-2021 Intel Guru MarkZ [via PDK] We are hearing good news out of Iraq as the white papers are moving forward again. There is a lot of great chatter coming out of Iraq right now...I am feeling very hopeful right now.
1-28-2021 Newshound Guru Pimpy Article: "Another Arab county joins the club of normalization with Israel" This is very very dangerous for Iran...it's gonna make it very hard for Iran to bully these people around...This is a continuation of what Trump started...this is good. It really is...these people are all in the Middle East and we need peace in the Middle East...
1-28-2021 Newshound Guru Adam Montana [How’s the impact of the latest suicide bombing and the affect of biden if any?] Although both are tragic and unfortunate, I see no impact from either of those.
1-28-2021 Newshound Guru MilitiaMan Article: "Al-Halbousi and the Emir of Kuwait discuss activating the joint governmental and parliamentary committees between the two countries" This is about tens of billions of dollars for re construction. Clearing and Settling payments goes hand and hand with this. If we cannot see what is at play by now, one may never get it.. Wow! This is good... imo!
1-27-2021 Intel Guru Bruce [via WiserNow] ...Iraq...should be in a good position with the budget having been read three times it can be put into law and then of course it can be revealed in the gazette...Wednesday and Saturday are the two days that Iraq prints out their official record called the Gazette...the problem is if they passed their budget and the budget is printed – or even if it’s available on line – on the digital version – of the gazette – the people will see it and be able to see the rate of the Dinar relative to the budget for 2021... so it’s sort of a dead giveaway - what makes it interesting is – they have held it back – obviously withholding it from us – we have a team over there that was helping them go through the final aspects of the re-evaluation of their currency – there are several theories of how it will come out ... We’ll see what happens in the next couple of days – as far as we know everything is set and ready to go - we’re not going to know “exactly” until it happens...
1-27-2021 Newshound Guru Adam Montana Article: "Representative Energy: We have dealt with the oil and gas law disputes and will vote on it soon" HCL is such a key component right now. In fact, 98% of this RV hinges on when and how the HCL is finally completed...and with things like that coming out, you know we aren't far now!
1-27-2021 Newshound Guru MilitiaMan Article: "The International Development Bank announces its joining the "Bani" platform" Quote: "work is underway to introduce the Iraqi dinar currency on this platform soon to encourage the use of Arab currencies in financial and investment transactions in accordance with international standards..." When using terms lately like being forced to do things for a purpose like we saw with the IMF aligning the IQD with the SDR Basket imo, here is one were they are telling us they are unremitting in their efforts to get settling and clearing payments with in the AMF, region and abroad. Looks like it is signed and now about ready to go live. Wow! imo.
1-27-2021 Newshound/Intel Guru Petra ...when they made that move [devaluing the currency] the clock started. And that clock is ticking down fast. Because they can't stay at that rate much longer. That's the biggest key to me. They've got to drive the truck home. The train has got to arrive in the station. Whichever analogy you choose to use. They can't stay at that rate much longer because it's gonna effect their people and their entire economy. We know the white papers don't work without it. Nothing works without it...if folks don't see it they're blind...if there's an end game we're at the final piece of it...
1-27-2021 Intel Guru MarkZ There are a number of people finally in position today…they are ready for this thing to move forward. This tells me we could see something soon. People are staffed in redemption centers…paymasters are in place and key individuals are right where they need to be for everything to move forward...
1-27-2021 Newshound/Intel Guru Mnt Goat ...if you are under the impression (or assumption) that passing the 2021 budget is going to get you some RV...There is no new RV rate in the budget.
1-27-2021 Newshound Guru MilitiaMan Article quote: "Baghdad will be able to apply for a quick loan of two billion dollars through a special mechanism in the IMF dedicated to supporting the economies of countries." Iraq didn't get loans in the recent past from the IMF in the manner in which they speak now... That is because they were not ready yet. Now they apparently are ready to go international., as the IMF and others are working in tandem and have precautionary measures in place to make the transition smoother along the way.. imo.
1-27-2021 Newshound Guru Adam Montana Article: "Representative Energy: We have dealt with the oil and gas law disputes and will vote on it soon" HCL is such a key component right now. In fact, 98% of this RV hinges on when and how the HCL is finally completed...and with things like that coming out, you know we aren't far now!
1-27-2021 Newshound Guru MilitiaMan Article: "The International Development Bank announces its joining the "Bani" platform" Quote: "work is underway to introduce the Iraqi dinar currency on this platform soon to encourage the use of Arab currencies in financial and investment transactions in accordance with international standards..." When using terms lately like being forced to do things for a purpose like we saw with the IMF aligning the IQD with the SDR Basket imo, here is one were they are telling us they are unremitting in their efforts to get settling and clearing payments with in the AMF, region and abroad. Looks like it is signed and now about ready to go live. Wow! imo.
1-27-2021 Newshound/Intel Guru Petra ...when they made that move [devaluing the currency] the clock started. And that clock is ticking down fast. Because they can't stay at that rate much longer. That's the biggest key to me. They've got to drive the truck home. The train has got to arrive in the station. Whichever analogy you choose to use. They can't stay at that rate much longer because it's gonna effect their people and their entire economy. We know the white papers don't work without it. Nothing works without it...if folks don't see it they're blind...if there's an end game we're at the final piece of it...
1-27-2021 Intel Guru MarkZ There are a number of people finally in position today…they are ready for this thing to move forward. This tells me we could see something soon. People are staffed in redemption centers…paymasters are in place and key individuals are right where they need to be for everything to move forward...
1-27-2021 Newshound/Intel Guru Mnt Goat ...if you are under the impression (or assumption) that passing the 2021 budget is going to get you some RV...There is no new RV rate in the budget.
1-27-2021 Newshound Guru MilitiaMan Article quote: "Baghdad will be able to apply for a quick loan of two billion dollars through a special mechanism in the IMF dedicated to supporting the economies of countries." Iraq didn't get loans in the recent past from the IMF in the manner in which they speak now... That is because they were not ready yet. Now they apparently are ready to go international., as the IMF and others are working in tandem and have precautionary measures in place to make the transition smoother along the way.. imo.
1-26-2021 Newshound/Intel Guru Petra ...the G7, the EU, the World Bank and IMF have all come out in support of the white papers...they can't wait too long. They've got to move...they just need to vote on the budget and they're ready to do that once the rate is inserted into the budget...it's getting to the point where it's at the apex. Everything is there...I think we are in a fantastic position. Better than I thought we'd ever be. We're down to the nitty-gritty here because everything is ready to go...
1-26-2021 Newshound Guru Pimpy ...things are looking good. It looks to us that finally some type of agreement is going to be finalized between Erbil and Baghdad. That's going to help with the '21 budget. I love the fact that they're increasing the budget from $42/barrel of oil to $45. That means much more of the deficit will be taken care of. Nothing will be added to the deficit. The fact that oil is much higher than they budgeted for is great. It's a surplus. That's also going to help them with the foreign currency reserves...these are positive steps going in the right direction...
1-26-2021 Intel Guru Frank26 ...there are many rumors, there's a lot of chatter among the Iraqi citizens right now concerning the new small category notes and the new exchange rate because they know. Allow that to encourage you...
1-26-2021 Newshound Guru MilitiaMan there was an article that came out [In December]...that said Baghdad was forced to devalue their currency...by the IMF. By devaluing the currency to 1146...If you delete the zeros off the exchange rate you get 1.46. Today's SDR is $1.44...they're within pennies of each other...that's why they were forced to devalue! IMO They needed to be inline with the IMF...I have a strong feeling being forced to devalue and get in sync with the SDR is telling us they are at the final stage to lift the value...
1-26-2021 Intel Guru MarkZ [via PDK] [RV in March/April? Your opinion?] I don’t think we will make it until March. I don’t think that is a possibility. The implosion is sooner. They have created a monster and the spiral is picking up speed exponentially.
1-26-2021 Newshound/Intel Guru Petra ...a week ago Saturday I think they realized the clock was ticking down and they had to get that budget done. IOO the budget is done and we're just waiting on the rate. Now all the outside pieces are coming together with regard to international activities...and all the efforts to make Iraq come out of the gate absolutely running a million miles and hour...
1-26-2021 Newshound Guru MilitiaMan ...we see...that the Kurds showed up today in respect to their share of the 2021 budget. They are also talking about they have six months of back pay coming to them. We have heard they were in agreement on taxation on salaries too, and not just with the kurds in mind. Taxation on salaries will be applied country wide. Hence, the agreements made will be sorted through the new value added... Remember they talked about value added taxes...Well not at 1460 they won't. But, when RI hits and they have value added they will. It is all in the plan in my view...
1-26-2021 Newshound Guru Pimpy ...things are looking good. It looks to us that finally some type of agreement is going to be finalized between Erbil and Baghdad. That's going to help with the '21 budget. I love the fact that they're increasing the budget from $42/barrel of oil to $45. That means much more of the deficit will be taken care of. Nothing will be added to the deficit. The fact that oil is much higher than they budgeted for is great. It's a surplus. That's also going to help them with the foreign currency reserves...these are positive steps going in the right direction...
1-26-2021 Intel Guru Frank26 ...there are many rumors, there's a lot of chatter among the Iraqi citizens right now concerning the new small category notes and the new exchange rate because they know. Allow that to encourage you...
1-26-2021 Newshound Guru MilitiaMan there was an article that came out [In December]...that said Baghdad was forced to devalue their currency...by the IMF. By devaluing the currency to 1146...If you delete the zeros off the exchange rate you get 1.46. Today's SDR is $1.44...they're within pennies of each other...that's why they were forced to devalue! IMO They needed to be inline with the IMF...I have a strong feeling being forced to devalue and get in sync with the SDR is telling us they are at the final stage to lift the value...
1-26-2021 Intel Guru MarkZ [via PDK] [RV in March/April? Your opinion?] I don’t think we will make it until March. I don’t think that is a possibility. The implosion is sooner. They have created a monster and the spiral is picking up speed exponentially.
1-26-2021 Newshound/Intel Guru Petra ...a week ago Saturday I think they realized the clock was ticking down and they had to get that budget done. IOO the budget is done and we're just waiting on the rate. Now all the outside pieces are coming together with regard to international activities...and all the efforts to make Iraq come out of the gate absolutely running a million miles and hour...
1-26-2021 Newshound Guru MilitiaMan ...we see...that the Kurds showed up today in respect to their share of the 2021 budget. They are also talking about they have six months of back pay coming to them. We have heard they were in agreement on taxation on salaries too, and not just with the kurds in mind. Taxation on salaries will be applied country wide. Hence, the agreements made will be sorted through the new value added... Remember they talked about value added taxes...Well not at 1460 they won't. But, when RI hits and they have value added they will. It is all in the plan in my view...
1-25-2021 Newshound/Intel Guru Petra ...the IMF forced the rate down to 1460. I'm of the opinion, that started the clock ticking. Because they can only keep the rate down for so long until it really impacts the entire economy of Iraq. But they did it for a reason. The white papers do not work at 1460. The white papers do not work at 1190. They don't work at a program rate. The white papers work at a 1 to 1 or greater...
1-25-2021 Intel Guru MarkZ [via PDK] [We are being told the rates will be better than expected…any thoughts on this?] I am not hearing any change on rates…could those high rates be reflective of the weakening of the US dollar? Yes- that is a possibility.
1-25-2021 Newshound Guru Pimpy There's other oil that's getting ready to be discovered...I think you're going to see Iraq move to possibly the largest deposits of oil in the world...even more than Venezuela. It's there. We want to see it happen...
1-25-2021 Newshound Guru MilitiaMan ...meetings have...been on going with very large global entities on a weekly basis and ...there were agreements made... Let's not forget the IMF had their hand in the forcing of the devaluation in Dec 2020. They did that for a reason. I feel it was for to synchronize the rate of the IQD with the IMF SDR basket in mind...when they RI the IQD they will be able to get it into the secondary markets as it will have significant value, hence, that value may or will make it easy to get loans for economic support during the transition into a market economy (private sector). They'll need stability and that is what the IMF is there for...The plan and or agreements are about to take a very different shape...Oh ya...A digital one that is to be on a large scale...imo.
1-25-2021 Intel Guru MarkZ [via PDK] There is so much happening…it’s more than a little interesting... I talked to a few redemption center contacts…this is the first week they are planning on having a full staff in anticipation…no one knows when…but I know a lot of group leaders that have been called over the weekend to get back to their redemption areas where they are handling it…I hope these are signs that we are close.
1-25-21 Newshound Guru Pimpy ...one article says they plan on keeping the rate that it's at now for the next 3 years. Some of you are going 'Oh my god we have to wait 3 years?' That's very possible. Like I said when you hear good news don't get overly excited. When you hear bad news don't get overly bummed out. IMO is it going to stay that way for 3 years? No I don't think so...Hopefully peace will remain in the Middle East. Iraq will continue to grow and if they could do this I think the rate change would change a little bit quicker...just because they say it don't mean that's how long it's going to take. There are a lot of other things to take into consideration...do plans change? Yes, they do...I have my own theories on why it's not going to last.
1-25-2021 Newshound Guru MilitiaMan Article: "Results of the foreign currency sale window for Sunday 01/24/2021, and executed today" Here is just more support ...that they are ceasing the Multi Currency Practices... 0 cash sales. A key indicator change is coming.
1-25-2021 Intel Guru MarkZ [via PDK] [We are being told the rates will be better than expected…any thoughts on this?] I am not hearing any change on rates…could those high rates be reflective of the weakening of the US dollar? Yes- that is a possibility.
1-25-2021 Newshound Guru Pimpy There's other oil that's getting ready to be discovered...I think you're going to see Iraq move to possibly the largest deposits of oil in the world...even more than Venezuela. It's there. We want to see it happen...
1-25-2021 Newshound Guru MilitiaMan ...meetings have...been on going with very large global entities on a weekly basis and ...there were agreements made... Let's not forget the IMF had their hand in the forcing of the devaluation in Dec 2020. They did that for a reason. I feel it was for to synchronize the rate of the IQD with the IMF SDR basket in mind...when they RI the IQD they will be able to get it into the secondary markets as it will have significant value, hence, that value may or will make it easy to get loans for economic support during the transition into a market economy (private sector). They'll need stability and that is what the IMF is there for...The plan and or agreements are about to take a very different shape...Oh ya...A digital one that is to be on a large scale...imo.
1-25-2021 Intel Guru MarkZ [via PDK] There is so much happening…it’s more than a little interesting... I talked to a few redemption center contacts…this is the first week they are planning on having a full staff in anticipation…no one knows when…but I know a lot of group leaders that have been called over the weekend to get back to their redemption areas where they are handling it…I hope these are signs that we are close.
1-25-21 Newshound Guru Pimpy ...one article says they plan on keeping the rate that it's at now for the next 3 years. Some of you are going 'Oh my god we have to wait 3 years?' That's very possible. Like I said when you hear good news don't get overly excited. When you hear bad news don't get overly bummed out. IMO is it going to stay that way for 3 years? No I don't think so...Hopefully peace will remain in the Middle East. Iraq will continue to grow and if they could do this I think the rate change would change a little bit quicker...just because they say it don't mean that's how long it's going to take. There are a lot of other things to take into consideration...do plans change? Yes, they do...I have my own theories on why it's not going to last.
1-25-2021 Newshound Guru MilitiaMan Article: "Results of the foreign currency sale window for Sunday 01/24/2021, and executed today" Here is just more support ...that they are ceasing the Multi Currency Practices... 0 cash sales. A key indicator change is coming.
1-24-2021 Intel Guru RayRen98 Iraqi TV reported that Parliament will complete the amendments to the budget law by Wednesday or Thursday and will present them for voting at that time.
1-24-2021 Newshound Guru MilitiaMan Article: "Sumaisem: America will not pump dollars into Iraq, and dealings will be in the digital currency...and Baghdad is forced to comply with the recommendations of the international monetary 27th December, 2020" FORCED to devalue to 1460... Then think FORCE means they had to get in sync with the region. They are once they delete the zeros...imo...So there by they were forced into it, which means they have no choice but to RI...imo.
1-24-2021 Newshound Guru MilitiaMan Article: "Sumaisem: America will not pump dollars into Iraq, and dealings will be in the digital currency...and Baghdad is forced to comply with the recommendations of the international monetary 27th December, 2020" FORCED to devalue to 1460... Then think FORCE means they had to get in sync with the region. They are once they delete the zeros...imo...So there by they were forced into it, which means they have no choice but to RI...imo.
1-23-2021 Newshound Guru Jeff Iraq is moving in Kuwait's footsteps. It's that simple. Kuwait changed their rate at the beginning of their fiscal year. Iraq's already told you that's what their intention, goals and objections are too. Iraq already came out telling you in print that they are going to increase the value of their currency at the beginning of a new budget period. Iraq's new fiscal year does not even start until April 1st...Iraq has gone as far forward as they can at this point without changing the rate...once they finish the '21 budget it's game over. After the '21 budget comes the rate change.
1-23-2021 Intel Guru Footforward ...I don't think Trump has to be in office. I think it would be better if he is in office. I believe Trump and Kushner have fixed things so that the RV can happen...
1-23-2021 Newshound Guru Jeff ...they actually launched the reforms on December 20th when they devalued the currency...that was a preparation step for the rate change. That's them confirming to you they're preparing to change the rate...it was a tool being used to reduce the 3 zero note count in country...We are in a great spot. We're in the best position ever...I've been telling you that January through March was the season for the rate change. Iraq confirmed that when they implemented the reforms...
1-23-2021 Intel Guru RayRen98 US banks and call centers are "on location" this morning being told to look for "activity" between this afternoon and Sunday evening...in spite of the Treasury Secretary not being confirmed until sometime next week? TIME WILL TELL and WAIT WE SHALL...We are in an interesting place and time!
1-23-2021 Intel Guru Bruce [via WiserNow] my understanding today is that Iraq is going to be the strongest currency and the strongest financial nation in the middle east and not too long from now...
1-23-2021 Intel Guru Footforward ...I don't think Trump has to be in office. I think it would be better if he is in office. I believe Trump and Kushner have fixed things so that the RV can happen...
1-23-2021 Newshound Guru Jeff ...they actually launched the reforms on December 20th when they devalued the currency...that was a preparation step for the rate change. That's them confirming to you they're preparing to change the rate...it was a tool being used to reduce the 3 zero note count in country...We are in a great spot. We're in the best position ever...I've been telling you that January through March was the season for the rate change. Iraq confirmed that when they implemented the reforms...
1-23-2021 Intel Guru RayRen98 US banks and call centers are "on location" this morning being told to look for "activity" between this afternoon and Sunday evening...in spite of the Treasury Secretary not being confirmed until sometime next week? TIME WILL TELL and WAIT WE SHALL...We are in an interesting place and time!
1-23-2021 Intel Guru Bruce [via WiserNow] my understanding today is that Iraq is going to be the strongest currency and the strongest financial nation in the middle east and not too long from now...
1-22-2021 Intel Guru Bruce [via WiserNow] ...I was told that the rates both front screen and back screen or contract rates – are going to be higher that we even thought they were – which is pretty high – so you’re not to worry about the rates don’t sweat it – they are going to be very - very good.
1-22-2021 Newshound Guru MilitiaMan Article: "At the end of this year, debt ratios will be more than 100 trillion" Quote: "And recently, the government called on citizens to deposit their own money, which is estimated at 62 trillion dinars, in government banks, but this matter is the most expedient for observers to respond to," So they are apparently suggesting they need to expedite the deposits of chunky money into government banks...Telling them they need it in the banks expeditiously... They are in the process of gathering the large notes off the street. The more they get the better it may be for supporting the new rate with less categories to issue.. Smaller note count, means to me more value. It is important to support the value going into the new issue... imo
1-22-2021 Intel Guru Bruce [via WiserNow] ...I think that they are waiting on a signal to come - and I think will come from Iraq - because again – Iraq has been waiting to make their rate change “known” and my understanding is to be made known as early as Sunday – Monday or Tuesday - of this coming week – and we should have that new rate finally established and everything else along with that complete as far as Iraq is concerned...So we are going to have to wait and watch to see how that unfolds...So – we’re looking really strong I believe for Monday or Tuesday ...Be excited – be ready – pray – do not give up – I am excited...
1-22-2021 Intel Guru MarkZ [via PDK] [What is your best guess on timing for us to go?] Right now…based on what I am seeing from the comptroller and banks…sometime around the 27th we may see some serious changes to our economic system…so right now that is where my eyes are fixed at.
1-22-2021 Intel Guru MarkZ [via PDK] I talked to contacts in Iraq…It’s nice to know people who live and work there….they are still pushing for a 1 to 1 rate.
1-22-2021 Newshound Guru MilitiaMan Article: "Al-Tamimi reveals the date of the vote on the budget: resolving disputes is imminent" Quote: "it is hoped that the budget will be presented to a vote within days." I'll second that motion... "Within days" lines up with the WTO, UN, HCL, Taxation of salaries possibly... Lets see what they do...
1-22-2021 Newshound Guru MilitiaMan Article: "At the end of this year, debt ratios will be more than 100 trillion" Quote: "And recently, the government called on citizens to deposit their own money, which is estimated at 62 trillion dinars, in government banks, but this matter is the most expedient for observers to respond to," So they are apparently suggesting they need to expedite the deposits of chunky money into government banks...Telling them they need it in the banks expeditiously... They are in the process of gathering the large notes off the street. The more they get the better it may be for supporting the new rate with less categories to issue.. Smaller note count, means to me more value. It is important to support the value going into the new issue... imo
1-22-2021 Intel Guru Bruce [via WiserNow] ...I think that they are waiting on a signal to come - and I think will come from Iraq - because again – Iraq has been waiting to make their rate change “known” and my understanding is to be made known as early as Sunday – Monday or Tuesday - of this coming week – and we should have that new rate finally established and everything else along with that complete as far as Iraq is concerned...So we are going to have to wait and watch to see how that unfolds...So – we’re looking really strong I believe for Monday or Tuesday ...Be excited – be ready – pray – do not give up – I am excited...
1-22-2021 Intel Guru MarkZ [via PDK] [What is your best guess on timing for us to go?] Right now…based on what I am seeing from the comptroller and banks…sometime around the 27th we may see some serious changes to our economic system…so right now that is where my eyes are fixed at.
1-22-2021 Intel Guru MarkZ [via PDK] I talked to contacts in Iraq…It’s nice to know people who live and work there….they are still pushing for a 1 to 1 rate.
1-22-2021 Newshound Guru MilitiaMan Article: "Al-Tamimi reveals the date of the vote on the budget: resolving disputes is imminent" Quote: "it is hoped that the budget will be presented to a vote within days." I'll second that motion... "Within days" lines up with the WTO, UN, HCL, Taxation of salaries possibly... Lets see what they do...
1-21-2021 Newshound Guru MilitiaMan Article: "Al-Tamimi reveals the date of the vote on the budget: resolving disputes is imminent" Quote: "It stated that "it is hoped that the budget will be presented to a vote within days." I'll second that motion.. Within days lines up with the WTO, UN, HCL, Taxation of salaries possibly...Lets see what they do...Going to the private sector is going to need an international rate of exchange...imo.
1-21-2021 Newshound/Intel Guru Mnt Goat Article: "PARLIAMENT REVEALS THE COMPLETION OF THE LEGAL DRAFTING OF THE OIL AND GAS LAW" Quote: "The Parliamentary Oil and Gas Committee revealed, on Thursday, that THE LEGAL DRAFTING OF THE OIL AND GAS LAW HAS BEEN COMPLETED AFTER ALL DISPUTES REGARDING IT HAVE BEEN ADDRESSED and the three components agree, indicating that Parliament will vote on it soon and before the end of its current session."
1-21-2021 Newshound Guru MilitiaMan The HCL is ready to be voted on next week. 0 cash sales in the Auctions. 2021 Budget to be voted on next week as well. The timing of these things is by no coincidence. It is to be show time.. imo. I highly doubt they came this far to go into a private or market economy at less than a program rate of 1460.. SDR is still $1.44 real close.. imo ~ Things looks very good.
1-21-2021 Intel Guru MarkZ [via PDK] Most of my Military sources say watch the 27th…I think we will know by Feb 1st if the reset is pushing forward or will Iraq just go for a 1 to 1…. On a positive note I was told if Iraq pushes forward with a 1 to 1 rate…then Vietnam will came out with a street revaluation of close to .50 cents…that is what I am being told. This is because their treasuries are to inter-related…Consider this rumors only.
1-21-2021 Newshound/Intel Guru Mnt Goat Article: "IRAQ: CLOSING DOWN THE GREEN ZONE AFTER TWO SUICIDE BOMBINGS" “security breaches"...This is the deep state and they will use Iran as their scape goat. Do you see they are creating FEAR again just when things were settling down and moving ahead once again. They will continue with these events until they get what they want or they are found out and shut down. This is how the deep state works...
1-21-2021 Intel Guru MarkZ [via PDK] Not much news on the RV front…a number of military contacts think it is still in play and we are in the thick of it…There is still great chatter out of Iraq that they are moving forward…and also from Vietnam. So no matter what happens…they are still moving forward with their revaluations.
1-21-2021 Intel Guru Bruce [via WiserNow] ...bank contacts we have with one of the major banks and with people we get to talk to occasionally...what we’re hearing from that individual who is getting information from a corporate person – is saying stay tuned for anything for us - talking about us...to go between now and Saturday...this is what I’m being told that everything is good to go and it seems like they finally have everything ready and there is activity now where there wasn’t before...
1-21-2021 Newshound/Intel Guru Mnt Goat Article: "PARLIAMENT REVEALS THE COMPLETION OF THE LEGAL DRAFTING OF THE OIL AND GAS LAW" Quote: "The Parliamentary Oil and Gas Committee revealed, on Thursday, that THE LEGAL DRAFTING OF THE OIL AND GAS LAW HAS BEEN COMPLETED AFTER ALL DISPUTES REGARDING IT HAVE BEEN ADDRESSED and the three components agree, indicating that Parliament will vote on it soon and before the end of its current session."
1-21-2021 Newshound Guru MilitiaMan The HCL is ready to be voted on next week. 0 cash sales in the Auctions. 2021 Budget to be voted on next week as well. The timing of these things is by no coincidence. It is to be show time.. imo. I highly doubt they came this far to go into a private or market economy at less than a program rate of 1460.. SDR is still $1.44 real close.. imo ~ Things looks very good.
1-21-2021 Intel Guru MarkZ [via PDK] Most of my Military sources say watch the 27th…I think we will know by Feb 1st if the reset is pushing forward or will Iraq just go for a 1 to 1…. On a positive note I was told if Iraq pushes forward with a 1 to 1 rate…then Vietnam will came out with a street revaluation of close to .50 cents…that is what I am being told. This is because their treasuries are to inter-related…Consider this rumors only.
1-21-2021 Newshound/Intel Guru Mnt Goat Article: "IRAQ: CLOSING DOWN THE GREEN ZONE AFTER TWO SUICIDE BOMBINGS" “security breaches"...This is the deep state and they will use Iran as their scape goat. Do you see they are creating FEAR again just when things were settling down and moving ahead once again. They will continue with these events until they get what they want or they are found out and shut down. This is how the deep state works...
1-21-2021 Intel Guru MarkZ [via PDK] Not much news on the RV front…a number of military contacts think it is still in play and we are in the thick of it…There is still great chatter out of Iraq that they are moving forward…and also from Vietnam. So no matter what happens…they are still moving forward with their revaluations.
1-21-2021 Intel Guru Bruce [via WiserNow] ...bank contacts we have with one of the major banks and with people we get to talk to occasionally...what we’re hearing from that individual who is getting information from a corporate person – is saying stay tuned for anything for us - talking about us...to go between now and Saturday...this is what I’m being told that everything is good to go and it seems like they finally have everything ready and there is activity now where there wasn’t before...
1-20-2021 Newshound/Intel Guru Mnt Goat Article: "DELETING ZEROS OR PRINTING A NEW CATEGORY?" .. THE IRAQI GOVERNMENT'S OPTIONS TO SAVE THE DINAR FROM COLLAPSE" What new currency is there to print? We know the lower denominations are already printed. No, they are not yet at the banks as you don’t just given money to the banks for nothing. They must purchase the new denominations from the CBI. Yes, there are some already purchased in very limited supply. So some banks so already have them.
1-20-2021 Newshound/Intel Gurus Walkingstick and Frank26 They finished. They found the sweet spot. They collected enough of the three zeros. We believe over 40 trillion extra. They are very happy with what they have as far as their numbers - the counts of the notes...we sense a rush to this process...they'll meet this coming Saturday. They're putting together the poster-boards to show to the citizens...This coming Saturday they are making their final decisions...
1-20-2021 Intel Guru Bruce [via WiserNow] We were under the impression that Iraq had read their budget...our understanding is they did read the budget 3 times ...We did not get confirmed whether that made it into the “official” record or it may have made it into the official record and just held back so we did not see it - because if we had seen it - it would release the actual value of the Iraqi Dinar ... it looks like the budget was passed – it looks like they have a new rate - was supposed to go up on Sunday night to be traded internationally – I cannot tell you absolutely that happened...
1-20-2021 Newshound/Intel Guru Mnt Goat Article: "AFTER THE ECONOMIC CONSEQUENCES...THE DEVALUATION OF THE DINAR "PREPARES" FOR NEW PROBLEMS FOR THE IRAQIS" Quote: "IT FORMED A NEGATIVE IMPRESSION ON THE INVESTMENT SECTOR, so that IRAQ HAS BECOME A REPELLENT ENVIRONMENT FOR FOREIGN INVESTMENT." ...this article tells me they must raise the rate of the dinar against the dollar very soon or they will never rebuild their economy. We know the main reason they did this was to pay off their outstanding debt...
1-20-2021 Intel Guru MarkZ [via PDK] [Did you hear Issac news on RV front? Any day now...I hear we should look to this weekend.] That is very possible…I have a number of people who say the US dollar will reset on Jan. 27th. This is including somebody in the finance ministry in Iraq who believes we will see the new values around the 27th.
1-20-2021 Newshound Guru Adam Montana We have some optimism on the Budget side, namely: Articles: "Barzani's party affirms guaranteeing Kurdistan's share of the budget: "No obstacles" so far"; "Parliamentary Finance: The budget will be ready next week" If the Kurds weren't happy with their share, there would be a problem with HCL. This says the opposite - all in agreement, ready to go next week, and that says to me: Let's go HCL! ...GO RRRRVVVVV!!!
1-20-2021 Newshound/Intel Guru Mnt Goat ...they already told us in many previous articles that they have already collected substantial amounts of the currency and that electronic banking is now effective in every major city. We also know that limited amounts of the newer lower denominations are in fact already printed. ...do not give up on the reinstatement of the Iraqi dinar. It will be reinstated when the corruption both in Iraq and in the US is dealt with and things settle down...
1-20-2021 Newshound/Intel Gurus Walkingstick and Frank26 IOO they are finished with the tally. They are finished collecting the 3 zeros and they are happy with the results. The CBI is very pleased with the note count...this Saturday coming up they will continue to meet...It is our opinion that they are now going to talk about the new small category notes [NSCNs]...the topics they're covering are - how they are going to present it to the public. Which ones because they may not come out with all the categories/denominations at the beginning. The value. In other words the exchange rate. The note count that is to be distributed - how much are we going to be putting out into the streets. They will continue the distribution of these notes even as they bring in the 3 zero notes before, during and after this whole process. There seems to be a mad rush to do this. We believe they brought in another 40 Trillion 3 zero notes.
1-20-2021 Intel Guru Frank26 the budget itself is about to come out. Now, if they come out with the budget, it's exposed. It goes into the gazette and everyone will be able to see what the rate is...the exchange rate is not waiting on the budget. The budget is waiting on the exchange rate and now we see the budget ready to be released for the 3rd reading.
1-20-2021 Newshound/Intel Gurus Walkingstick and Frank26 They finished. They found the sweet spot. They collected enough of the three zeros. We believe over 40 trillion extra. They are very happy with what they have as far as their numbers - the counts of the notes...we sense a rush to this process...they'll meet this coming Saturday. They're putting together the poster-boards to show to the citizens...This coming Saturday they are making their final decisions...
1-20-2021 Intel Guru Bruce [via WiserNow] We were under the impression that Iraq had read their budget...our understanding is they did read the budget 3 times ...We did not get confirmed whether that made it into the “official” record or it may have made it into the official record and just held back so we did not see it - because if we had seen it - it would release the actual value of the Iraqi Dinar ... it looks like the budget was passed – it looks like they have a new rate - was supposed to go up on Sunday night to be traded internationally – I cannot tell you absolutely that happened...
1-20-2021 Newshound/Intel Guru Mnt Goat Article: "AFTER THE ECONOMIC CONSEQUENCES...THE DEVALUATION OF THE DINAR "PREPARES" FOR NEW PROBLEMS FOR THE IRAQIS" Quote: "IT FORMED A NEGATIVE IMPRESSION ON THE INVESTMENT SECTOR, so that IRAQ HAS BECOME A REPELLENT ENVIRONMENT FOR FOREIGN INVESTMENT." ...this article tells me they must raise the rate of the dinar against the dollar very soon or they will never rebuild their economy. We know the main reason they did this was to pay off their outstanding debt...
1-20-2021 Intel Guru MarkZ [via PDK] [Did you hear Issac news on RV front? Any day now...I hear we should look to this weekend.] That is very possible…I have a number of people who say the US dollar will reset on Jan. 27th. This is including somebody in the finance ministry in Iraq who believes we will see the new values around the 27th.
1-20-2021 Newshound Guru Adam Montana We have some optimism on the Budget side, namely: Articles: "Barzani's party affirms guaranteeing Kurdistan's share of the budget: "No obstacles" so far"; "Parliamentary Finance: The budget will be ready next week" If the Kurds weren't happy with their share, there would be a problem with HCL. This says the opposite - all in agreement, ready to go next week, and that says to me: Let's go HCL! ...GO RRRRVVVVV!!!
1-20-2021 Newshound/Intel Guru Mnt Goat ...they already told us in many previous articles that they have already collected substantial amounts of the currency and that electronic banking is now effective in every major city. We also know that limited amounts of the newer lower denominations are in fact already printed. ...do not give up on the reinstatement of the Iraqi dinar. It will be reinstated when the corruption both in Iraq and in the US is dealt with and things settle down...
1-20-2021 Newshound/Intel Gurus Walkingstick and Frank26 IOO they are finished with the tally. They are finished collecting the 3 zeros and they are happy with the results. The CBI is very pleased with the note count...this Saturday coming up they will continue to meet...It is our opinion that they are now going to talk about the new small category notes [NSCNs]...the topics they're covering are - how they are going to present it to the public. Which ones because they may not come out with all the categories/denominations at the beginning. The value. In other words the exchange rate. The note count that is to be distributed - how much are we going to be putting out into the streets. They will continue the distribution of these notes even as they bring in the 3 zero notes before, during and after this whole process. There seems to be a mad rush to do this. We believe they brought in another 40 Trillion 3 zero notes.
1-20-2021 Intel Guru Frank26 the budget itself is about to come out. Now, if they come out with the budget, it's exposed. It goes into the gazette and everyone will be able to see what the rate is...the exchange rate is not waiting on the budget. The budget is waiting on the exchange rate and now we see the budget ready to be released for the 3rd reading.
1-18-2021 Intel Guru Footforward Right now there isn't a ton of RV info to talk about. Iraq is basically going in circles and I suspect they will keep doing so until Iran is delt with...They aren't holding because of Iran...But there is something that needs to be broken with Iran.
1-18-2021 Intel Guru MarkZ [via PDK] There is plenty of chatter coming out of Iraq on auctions, bills, the change of value…they plan to revalue and release the lower denomination bills buying up the higher denomination bills off the streets. …Very good stuff coming out of Iraq. Some of our military sources are getting excited because they are also dinar holders. They are anticipating a change in value shortly. Days to weeks…that is what they are expecting at this point...IMO everything is watching to see how this week unfolds.
1-18-2021 Intel Guru MarkZ [via PDK] There is plenty of chatter coming out of Iraq on auctions, bills, the change of value…they plan to revalue and release the lower denomination bills buying up the higher denomination bills off the streets. …Very good stuff coming out of Iraq. Some of our military sources are getting excited because they are also dinar holders. They are anticipating a change in value shortly. Days to weeks…that is what they are expecting at this point...IMO everything is watching to see how this week unfolds.
1-19-2021 Newshound Guru MilitiaMan They want to Track...The Money...And the supplies...And the corruption. Level playing field...the private sector is what they are talking about...businesses from all over the place. To get the private sector they need an internationally accepted traded currency. They have to have article 8 compliance. They have to raise the value of their currency. And that is what they are talking about...
1-19-2021 Newshound/Intel Guru Walkingstick [via Clare] "THIS SAT THEY WILL DISCUSS THE NSCN'S: HOW THEY WILL PRESENT IT TO THE PUBLIC...WHICH NSCN'S WILL BE RELEASED...THE VALUE AND THE NOTE COUNT TO BE DISTRIBUTED...AND THERE SEEMS TO BE A MAD RUSH TO DO THIS".
1-19-2021 Intel Guru Frank26 They finished with the tally. You know what the tally is right? To see how many zeros they brought in...it was successful collecting the 3 zeros CBI? Yes it was. 'And you guys are pretty bummed out that you had to lower the rate to bring in those three zeros...it's going to work with the citizens but now you're telling them you're going to raise it again right?' Yes we are.
1-19-2021 Newshound Guru MilitiaMan Why did they kick the can with the budget for so long? ...there's got to be something more to it. Then I started to see patterns. And I started to see the timelines. Then I stared seeing the dates...when I saw they came out yesterday and told us they were going to wait and do it on the 24th...wow!
1-19-2021 Intel Guru MarkZ [via PDK] I am told probably the earliest we will have news on the RV front will be late tomorrow or Thursday as the dust starts to settle from whatever is going to happen...we do not know what to expect…..but it will be a show... [What happened to you saying we would be done by the 19th?] That is what I was told…maybe we are?... My same sources that told me they expected it to kick off on or before the 19th are still saying we are in that same window….within a day or two of it……some of these sources are military, many of them are in banking and some are elected officials in DC.
1-19-2021 Newshound Guru MilitiaMan It looks like...the reducing of the value of the local currency [Iraqi dinar]...wasn't a good move. The devaluation created more inflation. Pricing has gone up 30 to 50%. That's not only from the articles, that's what we're getting from people who actually are over there...Are they going to keep it at 1450 for another year? My personal opinion is they will implode...for them to pay taxes they are not going to be at 1450...It just does not make any sense to anybody that they would do that. What's more likely is that they change the rate again in early 2021...
1-19-2021 Newshound/Intel Guru Walkingstick [via Clare] "THIS SAT THEY WILL DISCUSS THE NSCN'S: HOW THEY WILL PRESENT IT TO THE PUBLIC...WHICH NSCN'S WILL BE RELEASED...THE VALUE AND THE NOTE COUNT TO BE DISTRIBUTED...AND THERE SEEMS TO BE A MAD RUSH TO DO THIS".
1-19-2021 Intel Guru Frank26 They finished with the tally. You know what the tally is right? To see how many zeros they brought in...it was successful collecting the 3 zeros CBI? Yes it was. 'And you guys are pretty bummed out that you had to lower the rate to bring in those three zeros...it's going to work with the citizens but now you're telling them you're going to raise it again right?' Yes we are.
1-19-2021 Newshound Guru MilitiaMan Why did they kick the can with the budget for so long? ...there's got to be something more to it. Then I started to see patterns. And I started to see the timelines. Then I stared seeing the dates...when I saw they came out yesterday and told us they were going to wait and do it on the 24th...wow!
1-19-2021 Intel Guru MarkZ [via PDK] I am told probably the earliest we will have news on the RV front will be late tomorrow or Thursday as the dust starts to settle from whatever is going to happen...we do not know what to expect…..but it will be a show... [What happened to you saying we would be done by the 19th?] That is what I was told…maybe we are?... My same sources that told me they expected it to kick off on or before the 19th are still saying we are in that same window….within a day or two of it……some of these sources are military, many of them are in banking and some are elected officials in DC.
1-19-2021 Newshound Guru MilitiaMan It looks like...the reducing of the value of the local currency [Iraqi dinar]...wasn't a good move. The devaluation created more inflation. Pricing has gone up 30 to 50%. That's not only from the articles, that's what we're getting from people who actually are over there...Are they going to keep it at 1450 for another year? My personal opinion is they will implode...for them to pay taxes they are not going to be at 1450...It just does not make any sense to anybody that they would do that. What's more likely is that they change the rate again in early 2021...
1-17-2021 Intel Guru RayRen98 Iraqi TV reports that the Finance Minister has revealed that the 2021 Budget will be comprised of borrowing 63 trillion from internal banks and 23 trillion from external banks. The 63 trillion will be supplied by the new exchange rate, it will go FROM trillions down to billions, and the 23 will come from investors outside the country. Congratulations! Parliament is having a meeting TODAY to discuss setting the date to pass 2021 the budget law. FROM trillions down to billions is dropping the 3 zeros and increasing the "exchange rate" Wooooooo Hooooooo!
1-17-2021 Newshound Guru Pimpy Article: "The Foreign Ministry talks about its measures to remove Iraq from the list of money laundering" This is good. They need to get off this list. There's all kinds of sanction and penalties...with Iraq for being so corrupt over the last couple decades. They're really starting to get their ducks in a row...we want them off this list. That's a good thing.
1-17-2021 Newshound Guru Pimpy Article: "American diplomat James Jeffrey: Trump's model will continue in Iraq and Syria" This article is long but what it does it goes on to explain that the way Trump approached dealing with the Middle East obviously was nothing like prior administrations...he would go down to the ground level and speak directly to those who were boots on the ground and from there make his own decisions. It worked obviously.
1-17-2021 Newshound Guru MilitiaMan Article: "On Saturday, the House of Representatives ended discussion of the budget bill for 2021." Quote: "determining the price of a barrel of oil and currency exchange in the budget law are the government's prerogatives, indicating that The implementation of the budget law requires reducing the volume of total spending and activating the private sector, both industrial and agricultural," ...Activating the private sector. That my friends is imo going to a market economy, whereby, activating the industrial and agricultural sectors to create jobs. The real exchange rate will do the trick...
1-17-2021 Newshound Guru Pimpy Article: "The Foreign Ministry talks about its measures to remove Iraq from the list of money laundering" This is good. They need to get off this list. There's all kinds of sanction and penalties...with Iraq for being so corrupt over the last couple decades. They're really starting to get their ducks in a row...we want them off this list. That's a good thing.
1-17-2021 Newshound Guru Pimpy Article: "American diplomat James Jeffrey: Trump's model will continue in Iraq and Syria" This article is long but what it does it goes on to explain that the way Trump approached dealing with the Middle East obviously was nothing like prior administrations...he would go down to the ground level and speak directly to those who were boots on the ground and from there make his own decisions. It worked obviously.
1-17-2021 Newshound Guru MilitiaMan Article: "On Saturday, the House of Representatives ended discussion of the budget bill for 2021." Quote: "determining the price of a barrel of oil and currency exchange in the budget law are the government's prerogatives, indicating that The implementation of the budget law requires reducing the volume of total spending and activating the private sector, both industrial and agricultural," ...Activating the private sector. That my friends is imo going to a market economy, whereby, activating the industrial and agricultural sectors to create jobs. The real exchange rate will do the trick...
1-16-2021 Intel Guru RayRen98 It’s a great day and getting better. It started — Parliament resumed today discussing budget saying next week will vote and on tv saying Iraq in discussions with fractions to be removed from money laundering list...
1-16-2021 Newshound Guru MilitiaMan ...the articles of late...suggests that the recent devaluation is and was a very big mistake and one they are going to fix...The move didn't do anything good like they thought it would...Well, it is my opinion they were allowed to do that, as the experts knew it would have cause and effect. It is as though they allowed them to experience the negative effects and get to the bottom to see that pain from increased pricing. A taste of reality so to speak... Which would then show them that the right way is still on the table. That is imo to be the deletion of the three zeros. The reconstruction effort cannot be effective nor support Iraq in being competitive in the global market at 1190 let alone 1460 Dinar exchange rate. That will never happen.
1-16-2021 Intel Guru RayRen98 I'M RECEIVING REPORTS OF WEST COAST BANKS MAKING APPOINTMENTS FOR SATURDAY THROUGH TUESDAY...
1-16-2021 Intel Guru Bruce [via WiserNow] The latest information I have received today – and it was from very high up bank sources with our lead bank - not HSBC by the way - the lead bank on the east coast – and this is really good communication that’s pointing toward notifications for us most likely – although it’s possible Sunday – most likely Tuesday with exchanges either Tuesday or Wednesday...
1-16-2021 Newshound Guru Pimpy I knew this was coming...people are really happy about the Biden Administration coming in there. China is one. Russia is another. Iran is the other. Video "Iran to U.S - Lift sanctions immediately". Oh trust me they're dancing. The 3rd term of Obama administration - [Iran is saying] 'glory hallelujah. We're gonna get some money and nuclear bomb and we get to terrorize the whole Middle East.' So much for peace in the Middle East...There could be a benefit from this. And what is that benefit? ...Yes the Iranian Rial...as soon as those sanctions are lifted this really will help their economy out. It was crippled. It was just about dead. Trump had him up against the ropes. Now these people are going to give him a reprieve...No sanctions. Strong economy. Strong Rial...
1-16-2021 Newshound Guru MilitiaMan ...the articles of late...suggests that the recent devaluation is and was a very big mistake and one they are going to fix...The move didn't do anything good like they thought it would...Well, it is my opinion they were allowed to do that, as the experts knew it would have cause and effect. It is as though they allowed them to experience the negative effects and get to the bottom to see that pain from increased pricing. A taste of reality so to speak... Which would then show them that the right way is still on the table. That is imo to be the deletion of the three zeros. The reconstruction effort cannot be effective nor support Iraq in being competitive in the global market at 1190 let alone 1460 Dinar exchange rate. That will never happen.
1-16-2021 Intel Guru RayRen98 I'M RECEIVING REPORTS OF WEST COAST BANKS MAKING APPOINTMENTS FOR SATURDAY THROUGH TUESDAY...
1-16-2021 Intel Guru Bruce [via WiserNow] The latest information I have received today – and it was from very high up bank sources with our lead bank - not HSBC by the way - the lead bank on the east coast – and this is really good communication that’s pointing toward notifications for us most likely – although it’s possible Sunday – most likely Tuesday with exchanges either Tuesday or Wednesday...
1-16-2021 Newshound Guru Pimpy I knew this was coming...people are really happy about the Biden Administration coming in there. China is one. Russia is another. Iran is the other. Video "Iran to U.S - Lift sanctions immediately". Oh trust me they're dancing. The 3rd term of Obama administration - [Iran is saying] 'glory hallelujah. We're gonna get some money and nuclear bomb and we get to terrorize the whole Middle East.' So much for peace in the Middle East...There could be a benefit from this. And what is that benefit? ...Yes the Iranian Rial...as soon as those sanctions are lifted this really will help their economy out. It was crippled. It was just about dead. Trump had him up against the ropes. Now these people are going to give him a reprieve...No sanctions. Strong economy. Strong Rial...
1-15-2021 Intel Guru Bruce [via WiserNow] ...I think I have somewhat of a time line for us...We knew...(Wednesday) was supposed to be the day for the 3rd reading of the budget was accomplished ...the theory is in that 3rd reading is that they need 3 readings for any law to go through to be voted on – in Parliament - to let that law stand – and to be enacted...Now I do not know – It has not been confirmed to me whether that did occur yesterday – but the reason it is significant is because of the rate – for the budget to be accurate – the rate for the dinar needs to be in that budget...because we can “see” the rate – in their budget...Friday or Saturday – [FRIDAY] is the 15th or Saturday the 16th is when the Iraqi Dinar rate is supposed to be increased – or “changed”...I feel like the end is near - we can see the tape in the distance – hopefully only about 5 days off – so we’ll see let’s see what happens...
1-15-2021 Newshound/Intel Guru Mnt Goat STATUS OF REINSTATEMENT... There is not much to say about the reinstatement today. We know that when they pass the 2021 budget and then begin to spend it at a program rate, we will not see the reinstatement at the newly pegged rate as we have gone past the point of inclusion into the fiscal year of accounting. This is per Finance Committee and the Central Bank. Their words not mine.
1-15-2021 Guest Guru Texas Snake [via PDK] ...WF Banker was able to share that I can almost spit over the finish line...I am more comfortable that we are a go very shortly.
1-15-2021 Intel Guru MarkZ [via PDK] We are not seeing any changes of value in Asia, Iraq, the middle east…yet. But, keep the faith…we are awfully close.
1-15-2021 Newshound Guru Jeff ...It's probably been two or three weeks. This old article had talked about Iraq devaluing their currency from December 20th. It stressed that the currency devaluation had to be short-term because it negatively impacts their economy and it does spike their inflation. New Article: "Parliamentary finance resolves the controversy and reveals the fate of the dollar exchange rate in the budget" Quote: "the central bank is the only body that has the authority and is able to change or return the exchange rate." They're telling you that in this gentleman's opinions he believes they are going to increase the exchange rate or adjust it after the approval of the budget...they can't keep the currency devalued for too long. I told you it was a 90-day preparation step and that it basically gave you the revaluation date...
1-15-2021 Newshound Guru NORV [aka Kaperoni] You wasting your time if you think the dinar will RV. Never happen and Iraq is broke. They are devaluing the dinar, not raising the value. It could take years before Iraq passes the laws and creates a suitable investment climate that they could raise the value. Not to mention they have over 40 trillion dinar outside the banks in Iraq know as "chunky" money...
1-15-2021 Newshound/Intel Guru Mnt Goat STATUS OF REINSTATEMENT... There is not much to say about the reinstatement today. We know that when they pass the 2021 budget and then begin to spend it at a program rate, we will not see the reinstatement at the newly pegged rate as we have gone past the point of inclusion into the fiscal year of accounting. This is per Finance Committee and the Central Bank. Their words not mine.
1-15-2021 Guest Guru Texas Snake [via PDK] ...WF Banker was able to share that I can almost spit over the finish line...I am more comfortable that we are a go very shortly.
1-15-2021 Intel Guru MarkZ [via PDK] We are not seeing any changes of value in Asia, Iraq, the middle east…yet. But, keep the faith…we are awfully close.
1-15-2021 Newshound Guru Jeff ...It's probably been two or three weeks. This old article had talked about Iraq devaluing their currency from December 20th. It stressed that the currency devaluation had to be short-term because it negatively impacts their economy and it does spike their inflation. New Article: "Parliamentary finance resolves the controversy and reveals the fate of the dollar exchange rate in the budget" Quote: "the central bank is the only body that has the authority and is able to change or return the exchange rate." They're telling you that in this gentleman's opinions he believes they are going to increase the exchange rate or adjust it after the approval of the budget...they can't keep the currency devalued for too long. I told you it was a 90-day preparation step and that it basically gave you the revaluation date...
1-15-2021 Newshound Guru NORV [aka Kaperoni] You wasting your time if you think the dinar will RV. Never happen and Iraq is broke. They are devaluing the dinar, not raising the value. It could take years before Iraq passes the laws and creates a suitable investment climate that they could raise the value. Not to mention they have over 40 trillion dinar outside the banks in Iraq know as "chunky" money...
1-14-2021 Newshound Guru Jeff The U.S. elections have nothing to do with the rate change. I just want to stress that...Iraq has already achieved stability. They're now in forward motion to change the rate.
1-14-2021 Newshound/Intel Guru Mnt Goat Article: "OBLIGING BANKS TO LEND TO SMALL BUSINESSES" Quote: “allocate amounts of their liquidity of at least 50 percent as soft loans to build industry and agriculture, encourage the establishment of factories and factories”. Is this not what they have been attempting to do all along for years now. But they could not since the public did not want to deposit the dinars in the banks. So it appears the strategy of collecting the dinars has worked and the funds are now available to loan out. This will help kick-start the economy, something that is needed.
1-14-2021 Intel Guru MarkZ [via PDK] [It would be a great week for an RV] Yes it would. I am expecting a few quiet days then an action-packed weekend [Will we be seeing a Golden Egg soon?] I am hearing we are in the final days and things will be playing out quickly.
1-14-2021 Newshound Guru Pimpy Article: "Parliamentary finance resolves the controversy and reveals the fate of the dollar exchange rate in the budget" They keep talking about the exchange rate. You have one side of the puzzle piece saying they need to devalue...they need to figure out what to do to just get by...I do not anticipate it being devalued very long...sometime in the 2nd and 3rd quarter I anticipate we will start seeing in increments IMO the increase in the value of the Iraqi dinar...
1-14-2021 Newshound Guru Jeff One of the signs we were looking for to know we were getting close to the RV...we were looking for them to reduce the amount of U.S. dollars auctioned off off at the auctions. That has been achieved. Article: "By more than three quarters ...a "significant" decline in central bank sales" They used to auction off hundreds of millions as of this morning they've only auctioned off 3 million 250000 US dollars...we are looking very good.
1-14-2021 Intel Guru Frank26 That's number one. 2. They all of a sudden are talking about the budget. What about the budget? 'Well we're putting in a new rate in it based on the fact that oil prices have gone up.' 3. 'We promise citizens of Iraq we are going to do another exchange rate and this one is going to be higher. We promise you!" Well golly I mean talk about the U.S. dollar getting out of here. Running out of 3 zero notes. Talking about the budget being approved and it's got a new rate because of the oil prices and now they promised them on television, 'Hey Iraqi citizens we promise there's another rate change coming.' [Post 2 of 2]
1-14-2021 Intel Guru Frank26 We told you...they needed this past Friday and this coming Friday - these two weeks - to do a tally. To add up how many 3 zero notes they got in. I'd like to say to you they are done...What happened in the first week of January and the second week of January was for them to take account, a tally, and see if they reached the sweet spot...because they reached the sweet spot they all of a sudden come out and start to talk about the U.S. dollar going down tremendously in the auctions of the CBI...How many dollars were put through the auction yesterday and today? Nothing! That's exactly what we want to hear. [post 1 of 2....stay tuned]]
1-14-2021 Intel Guru Bruce [via WiserNow] There are things happening to prepare us for our ability to start – there may be one additional thing from the President that we’re looking for but I am not sure what it is...Some things have to play out – regarding President Trump – I know there is more to come from our President – I know that there are things that are planned and will manifest in the next week or so - The story is not over – let me put it that way – This story is not over yet – we are waiting – we are ready – most of us are really ready...
1-14-2021 Newshound/Intel Guru Mnt Goat Article: "OBLIGING BANKS TO LEND TO SMALL BUSINESSES" Quote: “allocate amounts of their liquidity of at least 50 percent as soft loans to build industry and agriculture, encourage the establishment of factories and factories”. Is this not what they have been attempting to do all along for years now. But they could not since the public did not want to deposit the dinars in the banks. So it appears the strategy of collecting the dinars has worked and the funds are now available to loan out. This will help kick-start the economy, something that is needed.
1-14-2021 Intel Guru MarkZ [via PDK] [It would be a great week for an RV] Yes it would. I am expecting a few quiet days then an action-packed weekend [Will we be seeing a Golden Egg soon?] I am hearing we are in the final days and things will be playing out quickly.
1-14-2021 Newshound Guru Pimpy Article: "Parliamentary finance resolves the controversy and reveals the fate of the dollar exchange rate in the budget" They keep talking about the exchange rate. You have one side of the puzzle piece saying they need to devalue...they need to figure out what to do to just get by...I do not anticipate it being devalued very long...sometime in the 2nd and 3rd quarter I anticipate we will start seeing in increments IMO the increase in the value of the Iraqi dinar...
1-14-2021 Newshound Guru Jeff One of the signs we were looking for to know we were getting close to the RV...we were looking for them to reduce the amount of U.S. dollars auctioned off off at the auctions. That has been achieved. Article: "By more than three quarters ...a "significant" decline in central bank sales" They used to auction off hundreds of millions as of this morning they've only auctioned off 3 million 250000 US dollars...we are looking very good.
1-14-2021 Intel Guru Frank26 That's number one. 2. They all of a sudden are talking about the budget. What about the budget? 'Well we're putting in a new rate in it based on the fact that oil prices have gone up.' 3. 'We promise citizens of Iraq we are going to do another exchange rate and this one is going to be higher. We promise you!" Well golly I mean talk about the U.S. dollar getting out of here. Running out of 3 zero notes. Talking about the budget being approved and it's got a new rate because of the oil prices and now they promised them on television, 'Hey Iraqi citizens we promise there's another rate change coming.' [Post 2 of 2]
1-14-2021 Intel Guru Frank26 We told you...they needed this past Friday and this coming Friday - these two weeks - to do a tally. To add up how many 3 zero notes they got in. I'd like to say to you they are done...What happened in the first week of January and the second week of January was for them to take account, a tally, and see if they reached the sweet spot...because they reached the sweet spot they all of a sudden come out and start to talk about the U.S. dollar going down tremendously in the auctions of the CBI...How many dollars were put through the auction yesterday and today? Nothing! That's exactly what we want to hear. [post 1 of 2....stay tuned]]
1-14-2021 Intel Guru Bruce [via WiserNow] There are things happening to prepare us for our ability to start – there may be one additional thing from the President that we’re looking for but I am not sure what it is...Some things have to play out – regarding President Trump – I know there is more to come from our President – I know that there are things that are planned and will manifest in the next week or so - The story is not over – let me put it that way – This story is not over yet – we are waiting – we are ready – most of us are really ready...
1-13-2021 Newshound Guru MilitiaMan Article "Parliamentary Committee: The statements of the Ministry of Finance confused the Iraqi market" Sure it confuses the market. They were not all ready for the devaluation. They were told in an article by the US Federal Reserve Bank that countries can and do devalue and revalue. Which apparently is about to happen in Iraq's case too. I have a feeling that the accuracy of the numbers in the 2021 are the focus and the manner in which they approach it today, could be a pivotal time frame. Today is the last day for reporting of a change if applicable with the UN. Not that is a smoking gun at all, just it is a reporting time frame. imo They have been hard at the budget for many consecutive days. The numbers after the second reading are very key.. imo.. Lets see what they do next. ~ MM
1-13-2021 Intel Guru MarkZ [via PDK] [Any news on the rate of the Dong?] I am still hearing around .47 cents for a street rate and low $2’s for the contract rate. I hear it will hit as a street rate in-country to suck up currency off the street…then will quickly be allowed to rise to a re-instatement level…which is the low $2’s…this is what I am hearing. I hope it is accurate.
1-13-2021 Newshound Guru Adam Montana Iraqi Dinar - we are looking so good here. There is nothing going on that has me even the slightest bit concerned, in fact! The way things are going, we could see an RV early this year. Things to watch for are HCL... The Iraqi Dinar is almost a sure thing, if you understand it... I'm done for now! Be happy, be safe, and GO RRRVVVV!!!
1-13-2021 Intel Guru Bruce [via WiserNow] Now we are in a position – talking about intel that – I don’t know how to describe it – but it is as if we’re in a state of calm before the storm...We’re waiting – we’re in position – from the perspective of the redemption centers – they are pretty much set on “go” ...I really think that we’re in a position right now where something could happen very soon – but I do not know exactly when... I am excited about where we are...
1-13-2021 Intel Guru Frank26 Article: "Iraqi Finance announces new developments in the dinar exchange rate". You guys are going to do it again [change the exchange rate] but this time do it in a positive direction? Quote: "The Ministry of Finance promised on Friday to make an amendment to the exchange rate of the foreign currency against the Iraqi dinar" ...this is when you say praise God.
1-13-2021 Intel Guru MarkZ [via PDK] I still feel very confident that they are pushing forward with the reset. My folks in Iraq are very confident that we are going to get 1 of 2 things…either a 1 to 1 rate or a complete reinstatement. That is still the prevalent thought. Iraq has been told officially in their news to expect a change in the rate of the dinar in their favor. I think that is a very positive note for us.
1-13-2021 Intel Guru Frank26 We are on schedule. I have a strong feeling we're gong to see the new exchange are in about 10 days. All in my opinion.
1-13-2021 Newshound/Intel Guru Mnt Goat Article: "DELETING 3 ZEROS OR PRINTING 100 DINARS DENOMINATION...EXPERTS DETERMINE THE BEST TO REDUCE THE REPERCUSSIONS OF CHANGING THE EXCHANGE RATE - URGENT" They are debating now whether to do the project to delete the zeros. This is now clearer than ever.
1-13-2021 Intel Guru MarkZ [via PDK] [Any news on the rate of the Dong?] I am still hearing around .47 cents for a street rate and low $2’s for the contract rate. I hear it will hit as a street rate in-country to suck up currency off the street…then will quickly be allowed to rise to a re-instatement level…which is the low $2’s…this is what I am hearing. I hope it is accurate.
1-13-2021 Newshound Guru Adam Montana Iraqi Dinar - we are looking so good here. There is nothing going on that has me even the slightest bit concerned, in fact! The way things are going, we could see an RV early this year. Things to watch for are HCL... The Iraqi Dinar is almost a sure thing, if you understand it... I'm done for now! Be happy, be safe, and GO RRRVVVV!!!
1-13-2021 Intel Guru Bruce [via WiserNow] Now we are in a position – talking about intel that – I don’t know how to describe it – but it is as if we’re in a state of calm before the storm...We’re waiting – we’re in position – from the perspective of the redemption centers – they are pretty much set on “go” ...I really think that we’re in a position right now where something could happen very soon – but I do not know exactly when... I am excited about where we are...
1-13-2021 Intel Guru Frank26 Article: "Iraqi Finance announces new developments in the dinar exchange rate". You guys are going to do it again [change the exchange rate] but this time do it in a positive direction? Quote: "The Ministry of Finance promised on Friday to make an amendment to the exchange rate of the foreign currency against the Iraqi dinar" ...this is when you say praise God.
1-13-2021 Intel Guru MarkZ [via PDK] I still feel very confident that they are pushing forward with the reset. My folks in Iraq are very confident that we are going to get 1 of 2 things…either a 1 to 1 rate or a complete reinstatement. That is still the prevalent thought. Iraq has been told officially in their news to expect a change in the rate of the dinar in their favor. I think that is a very positive note for us.
1-13-2021 Intel Guru Frank26 We are on schedule. I have a strong feeling we're gong to see the new exchange are in about 10 days. All in my opinion.
1-13-2021 Newshound/Intel Guru Mnt Goat Article: "DELETING 3 ZEROS OR PRINTING 100 DINARS DENOMINATION...EXPERTS DETERMINE THE BEST TO REDUCE THE REPERCUSSIONS OF CHANGING THE EXCHANGE RATE - URGENT" They are debating now whether to do the project to delete the zeros. This is now clearer than ever.
1-12-2021 Intel Guru MarkZ [via PDK] [If the RV starts can Biden stop it?] Not as I understand it…I was told that once the process in initiated…there is no going back.
1-12-2021 Intel Guru RayRen98 ...THE 3RD [BUDGET] READING WILL BE SOONER THAN YOU THINK...WATCH AND SEE...
1-12-2021 Newshound/Intel Guru Mnt Goat Article: "WORLD BANK: IRAQ'S GDP TO RISE TO MORE THAN 7% IN 2022" I quote from the article; “Iraq's GDP is expected to rise to 2% in 2021 and 7.3% in 2022”. Really? How will they do this when they can’t even exchange the dinar currency globally and get global investors or be on the trading platforms? Enough said!
1-12-2021 Intel Guru MarkZ [via PDK] [So, where is the RV?] I am not in control as to when it occurs…if I was-we would have had it some time ago. We are certainly close to a forced reset. ...We will see the reset…it will occur...it is a “when” not an “if”...I am being told but almost everybody that is involved with the redemption process that they expect the reset on or before Jan. 19th…they don’t expect it to be done by then…but it will be started by then.
1-12-2021 Newshound/Intel Guru Mnt Goat ...If you are watching the news from Iraq you would have learned that they have just completed the second of three needed readings on the 2021 budget. Will I stake my reputation that the RV will happen shortly after the budget is passed? No! But I will say that we still have time since it is not yet opened. When it does, we literally have just days before we lose our window of opportunity for the reinstatement to happen...
1-12-2021 Intel Guru Frank26 Article: "New financial statement on the adjustment of the dollar exchange rate" ...they are adjusting the budget...Jiminy Crickets you guys are telling the citizens of Iraq that you guys are going to make an adjustment again but this time in the positive direction. It's not going to be decreasing it, you're going to be increasing it. Article Quote: "changing the dollar exchange rate is the most prominent of the amendments that will occur to the Federal Budget Law". They are taking the budget and putting in the new exchange rate. They are not going to put in the one they used to bring in the 3 zeros. Understand? Good.
1-12-2021 Intel Guru RayRen98 ...THE 3RD [BUDGET] READING WILL BE SOONER THAN YOU THINK...WATCH AND SEE...
1-12-2021 Newshound/Intel Guru Mnt Goat Article: "WORLD BANK: IRAQ'S GDP TO RISE TO MORE THAN 7% IN 2022" I quote from the article; “Iraq's GDP is expected to rise to 2% in 2021 and 7.3% in 2022”. Really? How will they do this when they can’t even exchange the dinar currency globally and get global investors or be on the trading platforms? Enough said!
1-12-2021 Intel Guru MarkZ [via PDK] [So, where is the RV?] I am not in control as to when it occurs…if I was-we would have had it some time ago. We are certainly close to a forced reset. ...We will see the reset…it will occur...it is a “when” not an “if”...I am being told but almost everybody that is involved with the redemption process that they expect the reset on or before Jan. 19th…they don’t expect it to be done by then…but it will be started by then.
1-12-2021 Newshound/Intel Guru Mnt Goat ...If you are watching the news from Iraq you would have learned that they have just completed the second of three needed readings on the 2021 budget. Will I stake my reputation that the RV will happen shortly after the budget is passed? No! But I will say that we still have time since it is not yet opened. When it does, we literally have just days before we lose our window of opportunity for the reinstatement to happen...
1-12-2021 Intel Guru Frank26 Article: "New financial statement on the adjustment of the dollar exchange rate" ...they are adjusting the budget...Jiminy Crickets you guys are telling the citizens of Iraq that you guys are going to make an adjustment again but this time in the positive direction. It's not going to be decreasing it, you're going to be increasing it. Article Quote: "changing the dollar exchange rate is the most prominent of the amendments that will occur to the Federal Budget Law". They are taking the budget and putting in the new exchange rate. They are not going to put in the one they used to bring in the 3 zeros. Understand? Good.
1-11-2021 Newshound Guru Kaperoni A few articles out tonight about the dinar possibly dropping to 2,000 to $1.
1-11-2021 Intel Guru Frank26 THEY PROMISED CITIZENS ANOTHER EXCHANGE RATE.
1-11-2021 Intel Guru MarkZ [via PDK] Nearly every single one of my sources are looking for the reset by the 19th….no later than the 19th. They believe it’s now or never...I am hearing this from all over. To expect it sometime in the next 8 days.
1-11-2021 Newshound Guru Jeff Iraq really doesn't have a lot left to do... devaluing the currency was at the request of the World bank and the IMF. It was a preparation step for them to reduce the physical note count in the county of Iraq and they are also injecting US dollars at this time. That way when the rate does change the citizens will have to turn in their US dollars in exchange for dinar. This is just steps for when the rate does change. Right now you are in the season for the rate change...
1-11-2021 Intel Guru Frank26 THEY PROMISED CITIZENS ANOTHER EXCHANGE RATE.
1-11-2021 Intel Guru MarkZ [via PDK] Nearly every single one of my sources are looking for the reset by the 19th….no later than the 19th. They believe it’s now or never...I am hearing this from all over. To expect it sometime in the next 8 days.
1-11-2021 Newshound Guru Jeff Iraq really doesn't have a lot left to do... devaluing the currency was at the request of the World bank and the IMF. It was a preparation step for them to reduce the physical note count in the county of Iraq and they are also injecting US dollars at this time. That way when the rate does change the citizens will have to turn in their US dollars in exchange for dinar. This is just steps for when the rate does change. Right now you are in the season for the rate change...
1-10-2021 Newshound Guru MilitiaMan Article: "Parliament opens a "direct channel" with the government to amend the budget" Quote: “especially with regard to the chapters that result in deleting and increasing funds." Well deleting zeros is to increase funds is it not? ...IMO it is...
1-10-2021 Newshound Guru Jeff they already did the first reading of the 2021 budget yesterday -Saturday...
1-10-2021 Newshound Guru Pimpy Article: "For the second day, the dollar continues to decline against the dinar in Baghdad and Erbil" It's not just an IR or RV you should be counting on. There are other things that can happen to help increase the value of the dinar. That doesn't mean an IR or RV is not going to happen. I never said that. I'm saying there are other things that can help the situation out. And one of those things are what? The purchasing power of the US dollar falling. In other words it's losing its value. There are articles galore saying the dollar is taking a hit. It should not be a surprise we are expecting this sucker to take a hit big time...the Iraqi dinar will go up in value against the U.S. dollar...
1-10-2021 Newshound Guru MilitiaMan Article quote: "She hopes that these procedures will coincide with discussions within the House of Representatives on the budget, and it should be noted that the main policy measures to protect the poor and the vulnerable have been included in the budget and discussed in the minister's statement regarding the budget." To protect the citizens is to delete the zeros!! imo This is HUGE.. Wow.
1-10-2021 Newshound Guru Jeff they already did the first reading of the 2021 budget yesterday -Saturday...
1-10-2021 Newshound Guru Pimpy Article: "For the second day, the dollar continues to decline against the dinar in Baghdad and Erbil" It's not just an IR or RV you should be counting on. There are other things that can happen to help increase the value of the dinar. That doesn't mean an IR or RV is not going to happen. I never said that. I'm saying there are other things that can help the situation out. And one of those things are what? The purchasing power of the US dollar falling. In other words it's losing its value. There are articles galore saying the dollar is taking a hit. It should not be a surprise we are expecting this sucker to take a hit big time...the Iraqi dinar will go up in value against the U.S. dollar...
1-10-2021 Newshound Guru MilitiaMan Article quote: "She hopes that these procedures will coincide with discussions within the House of Representatives on the budget, and it should be noted that the main policy measures to protect the poor and the vulnerable have been included in the budget and discussed in the minister's statement regarding the budget." To protect the citizens is to delete the zeros!! imo This is HUGE.. Wow.
1-9-2021 Newshound Guru MilitiaMan "Agenda for the parliament session next Monday" Quote" "The House of Representatives announced, on Saturday, the agenda for its session scheduled for .next Monday, at 3 pm The agenda included 9 paragraphs, including the completion of the second reading of the 2021 Budget Law" ...They told us they had 72 hours for to be ready for the second reading of the 2021 budget. Well they have sped that up to Monday, 24 hours. They need to do a positive change to the exchange rate at the same time of the HOR meeting or real close to it. ioo Looking very good, very! imo.
1-9-2021 Intel Guru RayRen98 PARLIAMENT IS IN SESSION TODAY...
READING THE BUDGET. TIME WILL TELL.
1-9-2021 Newshound/Intel Guru Mnt Goat Article: "AL-KAZEMI: STOP BIDS AT THE EXPENSE OF IRAQ" Quotes: "The Prime Minister, Mustafa Al-Kazemi, spoke on Saturday ABOUT THE LAST OPPORTUNITY TO ADVANCE THE COUNTRY,"; "...WE CARRIED OUT REFORMS AND PREPARED A WHITE PAPER CAPABLE OF FACING THIS CRISIS AND THE COMING CRISES, AND WE WILL NOT ALLOW THE COLLAPSE OF IRAQ OR ITS BANKRUPTCY..."; "THE YEAR 2021 IS THE YEAR (THE IRAQI ACHIEVEMENT). WE WILL ALL REACH THIS ACHIEVEMENT QUICKLY AND EFFICIENTLY, AND THE STATE WILL PREVAIL. IRAQ WILL TRIUMPH OVER ALL CHALLENGES." I have said this before that this is Iraqi’s last chance for the needed reforms. There will be no other opportunities. Heh, didn’t they tell us recently that they planned on a 5% GDP in 2021?
1-9-2021 Newshound Guru MilitiaMan Article: "Iraqi Finance announces new developments in the dinar exchange rate" They say this is a new development in the dinar exchange rate. Well, fairly sure we can see that this was a part of the plan for some time and they are rolling out that plan...They used the Devaluation on purpose, imo, knowing that there would be effects both of which served a purpose to stimulate the citizens to bring in additional 3 zero notes, citizens feeling that if they devalue again to 1660 they would lose even more purchasing power. ...Regardless the plan was to be short lived and it appears to be the case now As, we see the Finance Minister has promised today to make an amendment to the exchange rate for positive effects and with supportive measures...It sure looks like the process was to devalue ahead of the revaluation to come as part of the plan has legs. The US Fed told us they can Devalue and Revalue and it appears to be holding true.
1-9-2021 Intel Guru RayRen98 PARLIAMENT IS IN SESSION TODAY...
READING THE BUDGET. TIME WILL TELL.
1-9-2021 Newshound/Intel Guru Mnt Goat Article: "AL-KAZEMI: STOP BIDS AT THE EXPENSE OF IRAQ" Quotes: "The Prime Minister, Mustafa Al-Kazemi, spoke on Saturday ABOUT THE LAST OPPORTUNITY TO ADVANCE THE COUNTRY,"; "...WE CARRIED OUT REFORMS AND PREPARED A WHITE PAPER CAPABLE OF FACING THIS CRISIS AND THE COMING CRISES, AND WE WILL NOT ALLOW THE COLLAPSE OF IRAQ OR ITS BANKRUPTCY..."; "THE YEAR 2021 IS THE YEAR (THE IRAQI ACHIEVEMENT). WE WILL ALL REACH THIS ACHIEVEMENT QUICKLY AND EFFICIENTLY, AND THE STATE WILL PREVAIL. IRAQ WILL TRIUMPH OVER ALL CHALLENGES." I have said this before that this is Iraqi’s last chance for the needed reforms. There will be no other opportunities. Heh, didn’t they tell us recently that they planned on a 5% GDP in 2021?
1-9-2021 Newshound Guru MilitiaMan Article: "Iraqi Finance announces new developments in the dinar exchange rate" They say this is a new development in the dinar exchange rate. Well, fairly sure we can see that this was a part of the plan for some time and they are rolling out that plan...They used the Devaluation on purpose, imo, knowing that there would be effects both of which served a purpose to stimulate the citizens to bring in additional 3 zero notes, citizens feeling that if they devalue again to 1660 they would lose even more purchasing power. ...Regardless the plan was to be short lived and it appears to be the case now As, we see the Finance Minister has promised today to make an amendment to the exchange rate for positive effects and with supportive measures...It sure looks like the process was to devalue ahead of the revaluation to come as part of the plan has legs. The US Fed told us they can Devalue and Revalue and it appears to be holding true.
1-8-2021 Intel Guru Bruce [via WiserNow] ...initially we thought Tuesday /Wednesday – of this week – for notifications – Now we’re hearing more like Saturday for notifications – maybe getting notifications to us Saturday and starting Saturday...Or…we could get pushed to early next week – we have heard both things from a couple different sources – and we know that this is what we are looking for – we’re looking to be notified and to get started...
1-8-2021 Newshound/Intel Guru Mnt Goat Article: "IRAQI BANKS HAVE UNDERTAKEN REFORMS, COINCIDING WITH THE IRAQI GOVERNMENT’S MEASURES TO REFORM THE ECONOMY." Quote: "The Central Bank of Iraq announced in a statement Dec. 19 the devaluation of the Iraqi dinar to 1,450 to help reduce the country’s fiscal deficit in the state budget for 2021 from 70 trillion to nearly 30 trillion dinars." so once again here it is in black and white in the news...It is what I have told you as to one of the reasons why the devaluation of the dinar...
1-8-2021 Intel Guru MarkZ [via PDK] There are still a lot of people in place... things are moving forward and that advanced timetable for the reset would be true. I am getting very encouraging news from almost all of the redemption areas/cities. From Hong Kong, Asia, the middle east, Dubai. The chatter is very high right now and this is a good thing. Nobody will know the exact timing and we need to watch it play out. So once again we are at “hope” and sitting at the edge of our seats.
1-8-2021 Newshound/Intel Guru Mnt Goat Article: "THE DOLLAR IS DROPPING IN IRAQ" ...the CBI monetary strategy is working…
1-8-2021 Newshound/Intel Guru Mnt Goat Article: "IRAQI BANKS HAVE UNDERTAKEN REFORMS, COINCIDING WITH THE IRAQI GOVERNMENT’S MEASURES TO REFORM THE ECONOMY." Quote: "The Central Bank of Iraq announced in a statement Dec. 19 the devaluation of the Iraqi dinar to 1,450 to help reduce the country’s fiscal deficit in the state budget for 2021 from 70 trillion to nearly 30 trillion dinars." so once again here it is in black and white in the news...It is what I have told you as to one of the reasons why the devaluation of the dinar...
1-8-2021 Intel Guru MarkZ [via PDK] There are still a lot of people in place... things are moving forward and that advanced timetable for the reset would be true. I am getting very encouraging news from almost all of the redemption areas/cities. From Hong Kong, Asia, the middle east, Dubai. The chatter is very high right now and this is a good thing. Nobody will know the exact timing and we need to watch it play out. So once again we are at “hope” and sitting at the edge of our seats.
1-8-2021 Newshound/Intel Guru Mnt Goat Article: "THE DOLLAR IS DROPPING IN IRAQ" ...the CBI monetary strategy is working…
1-7-2021 Newshound/Intel Guru Mnt Goat ...we know the CBI has devalued the dinar for multiple reasons. They are attempting to prepare for the next step. They know the US election is coming to an end. The timing could not be more perfect. It is the start of their new fiscal year and this is the best, most opportune time to reinstate the currency. They have told us this many times.
1-7-2021 Newshound Guru Kaperoni ...Iraq is moving forward with the new official exchange rate at 1460 currently. The only way the dinar can go up in value is with the success of the economy.
1-7-2021 Newshound/Intel Guru Mnt Goat ...the CBI is not going to initiate the “project to delete the zeros” until they know they can continue with the process all the way to completion up to the reinstatement including the new IMF basket. They cannot issue lower denominations without a guarantee that the reinstatement at a higher rate will happen, otherwise these notes will be totally worthless and Iraq would jeopardize the economy of Iraq even a worse situation...
1-7-2021 Intel Guru MarkZ [via PDK] Nearly all the news right now that I am hearing is pretty positive. The information is hitting that the timetable has been advanced to get the reset done before the 20th. I am hearing from all my financial people that it is a mad scramble to get the reset out the door. I am not hearing anything specific on...dollar values on the currencies…just that we are expected to see a much expediated timetable to get the reset done.
1-7-2021 Intel Guru Frank26 ...Iraq has an international rate outside of their country at 1190 to take advantage of their deals. But inside domestically there's a 1 to 1 rate deal they made with the IMF. 1450 was for investment purposes and to help pay the salaries at a lesser cost...Brilliant. 1450 is going to leave IMO in 2 weeks or less because there is another change to their rate coming and this one will add purchasing power to their currency at a 1 to 1 level.
1-7-2021 Intel Guru Bruce [via WiserNow] ...information that we’ve had... information talking about us...receiving notifications and one particular transmission had us receiving notification on Thursday...that goes in line and corresponds with another banks interpretation of our timing...We could get notified Thursday and start Friday...it would not surprise me if we were notified Thursday morning and got started and appointments set - and started on that day – so we’re just going to have to wait it out and see...We know that Iraq is ready to go and not waiting much longer...I cannot really get into the rates – they are changing – constantly updated – and traded – and something we’re going to know when we get in there...So hang in there – be patient...
1-7-2021 Newshound/Intel Gurus Walkingstick & Frank26 If we progressively see the auction numbers continue to fall that's another confirmation that the American dollar is about to leave the Iraqi market and very soon to be replaced with a new... denomination and a new exchange rate for these new small category notes. It's that simple. It's not complicated. It's on course.
1-7-2021 Newshound Guru Kaperoni ...Iraq is moving forward with the new official exchange rate at 1460 currently. The only way the dinar can go up in value is with the success of the economy.
1-7-2021 Newshound/Intel Guru Mnt Goat ...the CBI is not going to initiate the “project to delete the zeros” until they know they can continue with the process all the way to completion up to the reinstatement including the new IMF basket. They cannot issue lower denominations without a guarantee that the reinstatement at a higher rate will happen, otherwise these notes will be totally worthless and Iraq would jeopardize the economy of Iraq even a worse situation...
1-7-2021 Intel Guru MarkZ [via PDK] Nearly all the news right now that I am hearing is pretty positive. The information is hitting that the timetable has been advanced to get the reset done before the 20th. I am hearing from all my financial people that it is a mad scramble to get the reset out the door. I am not hearing anything specific on...dollar values on the currencies…just that we are expected to see a much expediated timetable to get the reset done.
1-7-2021 Intel Guru Frank26 ...Iraq has an international rate outside of their country at 1190 to take advantage of their deals. But inside domestically there's a 1 to 1 rate deal they made with the IMF. 1450 was for investment purposes and to help pay the salaries at a lesser cost...Brilliant. 1450 is going to leave IMO in 2 weeks or less because there is another change to their rate coming and this one will add purchasing power to their currency at a 1 to 1 level.
1-7-2021 Intel Guru Bruce [via WiserNow] ...information that we’ve had... information talking about us...receiving notifications and one particular transmission had us receiving notification on Thursday...that goes in line and corresponds with another banks interpretation of our timing...We could get notified Thursday and start Friday...it would not surprise me if we were notified Thursday morning and got started and appointments set - and started on that day – so we’re just going to have to wait it out and see...We know that Iraq is ready to go and not waiting much longer...I cannot really get into the rates – they are changing – constantly updated – and traded – and something we’re going to know when we get in there...So hang in there – be patient...
1-7-2021 Newshound/Intel Gurus Walkingstick & Frank26 If we progressively see the auction numbers continue to fall that's another confirmation that the American dollar is about to leave the Iraqi market and very soon to be replaced with a new... denomination and a new exchange rate for these new small category notes. It's that simple. It's not complicated. It's on course.
1-6-2021 Intel Guru MarkZ ...one of the prevailing stories out there is we may see Iraq go as a 1 to 1…and then late Feb/early March we may see the actual reset for a lower overall value then we had expected…but that we will still see a reset. I am getting this story from several sources…that if today does not go well…we may see Iraq move to a 1 to 1 rate. I have heard this from the third week in December but do not know how much credence to give it.
1-6-2021 Newshound/Intel Guru Mnt Goat Article: "AL-KAZEMI: STOP BIDS AT THE EXPENSE OF IRAQ " Quote: "THE YEAR 2021 IS THE YEAR (THE IRAQI ACHIEVEMENT). WE WILL ALL REACH THIS ACHIEVEMENT QUICKLY AND EFFICIENTLY, AND THE STATE WILL PREVAIL. IRAQ WILL TRIUMPH OVER ALL CHALLENGES." I have said this before that this is Iraqi’s last chance for the needed reforms. There will be no other opportunities. Heh, didn’t they tell us recently that they planned on a 5% GDP in 2021?
1-6-2021 Intel/Newshound Guru Frank26 Article "Blue and green .. Two types of dollars in Iraq .. Explanation for the "mystery" of low market prices compared to the official pricing .. Which number will be proven?" The auctions are dropping. The American dollar is being flooded. The three zeros are disappearing - They're looking for that sweet spot...these two colors are playing a very large part in the monetary reform of the Iraqi dinar...it is extremely easier to remove the USD from the markets of Iraq than it is to remove the three zero notes from the markets of Iraq...more information will start to flow now and probably towards the end of this week...it will start to flow about these two colors...this is another good sign...the stuff they're doing right now is simply brilliant. Greenbacks huh? I like the blue ones {wink}...
1-6-2021 Newshound Guru Adam Montana We don't have any guest speakers, we're not giving away ginsu knives, but we do have a great chance of "YOU GET AN HCL! YOU GET AN HCL! EVERYONE GETS AN HCL!!!" in the near future! GOOOO RRRRVVVVV!!!
1-6-2021 Newshound/Intel Gurus Walkingstick & Frank26 The [Iraqi] tellers - that's where we are at. They are already trained. They already know what it looks like. They know how to distribute and answer questions. The more you see the American dollar disappear in the next two weeks the better position the new small category notes will be to finally come out...we feel the monetary reform is on course...
1-6-2021 Intel Guru MarkZ [via PDK] We did see some interesting things in the financial world. We are seeing changes of value of the dinar compared to the Vietnamese dong. We did see in options in Iraq that they are pulling almost every US dollar off of the street. This tells you they are close to changing their value …swinging the value up because they are literally getting the US dollars off of the streets in the options.
1-6-2021 Intel Guru Frank26 What you have seen the last few days is the pumping of more Iraqi dinars into the market of Iraq. It would have been really bad news if we would have seen that they were dumping more 3-zero notes...that would have been a disaster...Because then you would have a time period to collect those 3-zeros...this is the goal...There's nothing more important than monetary reform right now. No longer Iran. No longer security and stability. It is now focused on citizens...By George it's working. They did not bump 3-zero notes back into the market...no. What they did was double up on their sales of the U.S.D sales of their auctions...
1-6-2021 Newshound/Intel Guru Mnt Goat Article: "IRAQI BANKS HAVE UNDERTAKEN REFORMS, COINCIDING WITH THE IRAQI GOVERNMENT’S MEASURES TO REFORM THE ECONOMY." Quotes: "The Central Bank of Iraq announced in a statement Dec. 19 the devaluation of the Iraqi dinar to 1,450 to help reduce the country’s fiscal deficit in the state budget for 2021 from 70 trillion to nearly 30 trillion dinars."; "Simultaneously, Iraqi banks have undertaken additional measures to optimize the Iraqi economy. In the past weeks, government banks intensified calls for citizens to deposit their money in their bank branches instead of hoarding it at home." ...here it is in black and white in the news, in your face. It is what I have told you as to one of the reasons why the devaluation of the dinar. Do you believe me now what they are doing?
1-6-2021 Newshound/Intel Guru Petra All accounts and all budgets since 2017 are now current. We're talking about the 2017 FML, 2020 budget. What's in the the 2020 budget? The new rate. That's why we're so excited. All these pieces and parts are coming together...this is all coming together to a point and there's much more coming...
1-6-2021 Newshound/Intel Gurus Walkingstick & Frank26 Respect the first 2 weeks of January in order to expect a second change in the rate of the Iraqi dinar. But this time it will be higher. Not lower...they have pumped up the dollar into the markets of Iraq while collecting as many 3-zero notes as possible during this 1450 rate. They kill 2 birds with one stone. They collected the 3-zeros and they invested internationally at a rate that was more advantageous to them. Brilliant...
1-6-2021 Newshound/Intel Guru Mnt Goat Article: "AL-KAZEMI: STOP BIDS AT THE EXPENSE OF IRAQ " Quote: "THE YEAR 2021 IS THE YEAR (THE IRAQI ACHIEVEMENT). WE WILL ALL REACH THIS ACHIEVEMENT QUICKLY AND EFFICIENTLY, AND THE STATE WILL PREVAIL. IRAQ WILL TRIUMPH OVER ALL CHALLENGES." I have said this before that this is Iraqi’s last chance for the needed reforms. There will be no other opportunities. Heh, didn’t they tell us recently that they planned on a 5% GDP in 2021?
1-6-2021 Intel/Newshound Guru Frank26 Article "Blue and green .. Two types of dollars in Iraq .. Explanation for the "mystery" of low market prices compared to the official pricing .. Which number will be proven?" The auctions are dropping. The American dollar is being flooded. The three zeros are disappearing - They're looking for that sweet spot...these two colors are playing a very large part in the monetary reform of the Iraqi dinar...it is extremely easier to remove the USD from the markets of Iraq than it is to remove the three zero notes from the markets of Iraq...more information will start to flow now and probably towards the end of this week...it will start to flow about these two colors...this is another good sign...the stuff they're doing right now is simply brilliant. Greenbacks huh? I like the blue ones {wink}...
1-6-2021 Newshound Guru Adam Montana We don't have any guest speakers, we're not giving away ginsu knives, but we do have a great chance of "YOU GET AN HCL! YOU GET AN HCL! EVERYONE GETS AN HCL!!!" in the near future! GOOOO RRRRVVVVV!!!
1-6-2021 Newshound/Intel Gurus Walkingstick & Frank26 The [Iraqi] tellers - that's where we are at. They are already trained. They already know what it looks like. They know how to distribute and answer questions. The more you see the American dollar disappear in the next two weeks the better position the new small category notes will be to finally come out...we feel the monetary reform is on course...
1-6-2021 Intel Guru MarkZ [via PDK] We did see some interesting things in the financial world. We are seeing changes of value of the dinar compared to the Vietnamese dong. We did see in options in Iraq that they are pulling almost every US dollar off of the street. This tells you they are close to changing their value …swinging the value up because they are literally getting the US dollars off of the streets in the options.
1-6-2021 Intel Guru Frank26 What you have seen the last few days is the pumping of more Iraqi dinars into the market of Iraq. It would have been really bad news if we would have seen that they were dumping more 3-zero notes...that would have been a disaster...Because then you would have a time period to collect those 3-zeros...this is the goal...There's nothing more important than monetary reform right now. No longer Iran. No longer security and stability. It is now focused on citizens...By George it's working. They did not bump 3-zero notes back into the market...no. What they did was double up on their sales of the U.S.D sales of their auctions...
1-6-2021 Newshound/Intel Guru Mnt Goat Article: "IRAQI BANKS HAVE UNDERTAKEN REFORMS, COINCIDING WITH THE IRAQI GOVERNMENT’S MEASURES TO REFORM THE ECONOMY." Quotes: "The Central Bank of Iraq announced in a statement Dec. 19 the devaluation of the Iraqi dinar to 1,450 to help reduce the country’s fiscal deficit in the state budget for 2021 from 70 trillion to nearly 30 trillion dinars."; "Simultaneously, Iraqi banks have undertaken additional measures to optimize the Iraqi economy. In the past weeks, government banks intensified calls for citizens to deposit their money in their bank branches instead of hoarding it at home." ...here it is in black and white in the news, in your face. It is what I have told you as to one of the reasons why the devaluation of the dinar. Do you believe me now what they are doing?
1-6-2021 Newshound/Intel Guru Petra All accounts and all budgets since 2017 are now current. We're talking about the 2017 FML, 2020 budget. What's in the the 2020 budget? The new rate. That's why we're so excited. All these pieces and parts are coming together...this is all coming together to a point and there's much more coming...
1-6-2021 Newshound/Intel Gurus Walkingstick & Frank26 Respect the first 2 weeks of January in order to expect a second change in the rate of the Iraqi dinar. But this time it will be higher. Not lower...they have pumped up the dollar into the markets of Iraq while collecting as many 3-zero notes as possible during this 1450 rate. They kill 2 birds with one stone. They collected the 3-zeros and they invested internationally at a rate that was more advantageous to them. Brilliant...
1-5-2021 Newshound Guru Pimpy Article: "Central Bank: The launch of the "Buna" platform for intra-Arab payments". I'm gonna go ahead myself and make the assumption there's going to be a move to help strengthen the value of the Iraqi dinar. I like this when I saw this...Iraq is taking big steps to get back on track...This is good news...this is great news...I see they are going to include the dinar. This is what we want to see...this is a good step...a really good thing...Another major sign that the value of the dinar is going to go up...
1-5-2021 Intel Guru Frank26 What do you mean they lowered the price of the Iraqi dinar? Well they did. That's impossible, they said they were going to raise it. It's the China syndrome. China said the same thing back in 1995. 'We are not going to raise the value of our currency.' So did Kuwait. They said the same thing. But 3 days later China changed the value of their currency. They didn't want anyone to take advantage of them...The Iraqi dinar went down in value inside the country of Iraq...but now as of January 1st IMO they got a new rate...they are trying to tell you they don't have a program rate anymore...
1-5-2021 Intel Guru MarkZ [via PDK] This is a very important week…There are people in position all over the globe…they are actually in place…for those that follow the forex closely…we have started seeing a change in value of the VND to the IQD…so we are seeing some movement there which I think is important because the amount is limited to the 2 treasuries that hold the most amounts of each others currencies in their reserves …Vietnam and Iraq are closely related economically. So we have started seeing a movement of funds….
1-5-2021 Newshound/Intel Guru Petra the [last] two, five or six days the auctions have gone from 150-200 million down to a million, down to 350 thousand and I think today was zero. There's definitely a change going on.
1-5-2021 Newshound/Intel Gurus Walkingstick & Frank26 IOO at the end of this week by Thursday or Friday and reviewed again at the end of the following week the CBI and all their money exchangers and banks will meet...on the subject of the tally of the 3 zero notes that have been collected. They want to determine if they have hit the sweet spot that they have agreed upon with them and the IMF. The CBI and IMF have a target in order to release the new small category notes and the next exchange rate change...
1-5-2021 Intel Guru Frank26 ...something is about to happen with the Iraqi dinar on a permanent basis...they are about to introduce a 1 to 1 rate because the American dollar is disappearing [Inside of Iraq]...
1-5-2021 Newshound/Intel Guru Mnt Goat ...We hear today in news from Iraq this strategy is working and the daily currency auctions are way down...This new strategy of devaluation of the dinar is working and taking root. ...This is the time to do this since price of oil being low and less oil revenues are generated it would not take long to drain the CBI reserves if action was not taken. It has forced them to take action. ...they fully intend to one day soon end the auctions and use the dinar to buy imports. They can not do this unless they also reinstate the dinar on the global currency exchanges and get out of OFAC sanctions. [post 2 of 2]
1-5-2021 Newshound/Intel Guru Mnt Goat The CBI does not tell you everything. What they do is take measures and countermeasures to ensure the overall plan of the project to delete the zeros can be carried out. ...The CBI and GOI had to work together to find a way to get these notes off the streets. By the devaluation of the dinar, it is causing the citizens to exchange their long, sought after dinars into dollars. Why not if the dollar can buy more? Also, some banks in Iraq are offering up to 5-7% annual interest on a two year locked-in saving account. WOW! Now tell me why they would do this if the currency was going to crash? [post 1 of 2....stay tuned]
1-5-2021 Intel Guru Footforward Don't be surprised if they devalue again to try and get those notes in faster.
1-5-2021 Intel Guru Austin-Powers-For-PM Next two weeks are huge. They need to finish collecting as many 3-zero notes as possible and hit a "Sweet Spot" before releasing the New Small Category Notes and releasing the rate.
1-5-2021 Intel Guru Frank26 What do you mean they lowered the price of the Iraqi dinar? Well they did. That's impossible, they said they were going to raise it. It's the China syndrome. China said the same thing back in 1995. 'We are not going to raise the value of our currency.' So did Kuwait. They said the same thing. But 3 days later China changed the value of their currency. They didn't want anyone to take advantage of them...The Iraqi dinar went down in value inside the country of Iraq...but now as of January 1st IMO they got a new rate...they are trying to tell you they don't have a program rate anymore...
1-5-2021 Intel Guru MarkZ [via PDK] This is a very important week…There are people in position all over the globe…they are actually in place…for those that follow the forex closely…we have started seeing a change in value of the VND to the IQD…so we are seeing some movement there which I think is important because the amount is limited to the 2 treasuries that hold the most amounts of each others currencies in their reserves …Vietnam and Iraq are closely related economically. So we have started seeing a movement of funds….
1-5-2021 Newshound/Intel Guru Petra the [last] two, five or six days the auctions have gone from 150-200 million down to a million, down to 350 thousand and I think today was zero. There's definitely a change going on.
1-5-2021 Newshound/Intel Gurus Walkingstick & Frank26 IOO at the end of this week by Thursday or Friday and reviewed again at the end of the following week the CBI and all their money exchangers and banks will meet...on the subject of the tally of the 3 zero notes that have been collected. They want to determine if they have hit the sweet spot that they have agreed upon with them and the IMF. The CBI and IMF have a target in order to release the new small category notes and the next exchange rate change...
1-5-2021 Intel Guru Frank26 ...something is about to happen with the Iraqi dinar on a permanent basis...they are about to introduce a 1 to 1 rate because the American dollar is disappearing [Inside of Iraq]...
1-5-2021 Newshound/Intel Guru Mnt Goat ...We hear today in news from Iraq this strategy is working and the daily currency auctions are way down...This new strategy of devaluation of the dinar is working and taking root. ...This is the time to do this since price of oil being low and less oil revenues are generated it would not take long to drain the CBI reserves if action was not taken. It has forced them to take action. ...they fully intend to one day soon end the auctions and use the dinar to buy imports. They can not do this unless they also reinstate the dinar on the global currency exchanges and get out of OFAC sanctions. [post 2 of 2]
1-5-2021 Newshound/Intel Guru Mnt Goat The CBI does not tell you everything. What they do is take measures and countermeasures to ensure the overall plan of the project to delete the zeros can be carried out. ...The CBI and GOI had to work together to find a way to get these notes off the streets. By the devaluation of the dinar, it is causing the citizens to exchange their long, sought after dinars into dollars. Why not if the dollar can buy more? Also, some banks in Iraq are offering up to 5-7% annual interest on a two year locked-in saving account. WOW! Now tell me why they would do this if the currency was going to crash? [post 1 of 2....stay tuned]
1-5-2021 Intel Guru Footforward Don't be surprised if they devalue again to try and get those notes in faster.
1-5-2021 Intel Guru Austin-Powers-For-PM Next two weeks are huge. They need to finish collecting as many 3-zero notes as possible and hit a "Sweet Spot" before releasing the New Small Category Notes and releasing the rate.
1-4-2021 Newshound Guru Jeff Article: "Kurdistan Finance Minster announces "illegal" salary cuts for more than 10,000 people" They're still talking about reforms for the fiscal year 2020. Their reforms are scheduled and are to start in the fiscal year 2020. They're telling you right here that you're still in the 4th quarter of the fiscal year of 2020...
1-4-2021 Newshound Guru Pimpy Article: "The dollar is dropping in Iraq" The dollar is dropping in Iraq. That's good. That's what you want to see happen. If the dollar value is dropping against the dinar that means what? The dinar value is going up...this is based on the market's response to the dinar...
1-4-2021 Intel Guru MarkZ I expected way more news over the weekend then we got…There are rumors that the Wanta-Reagan-Mitterand funds have been put in place. Just not released...These funds are real…do some research…if these funds are positioned for release…that is a good sign...that tells us we are close to a reset. There are a number of articles about many countries moving toward an economic reset…this lets us know we are getting close and moving toward the final days.
1-4-2021 Newshound Guru Jeff Article: "The Central bank's sales of dollar are falling to the lowest level". This is what I told you guys we were looking for for the rate change. You guys are officially in the season for the rate change...they do have to change the rate by the end of March.
1-4-2021 Newshound Guru Pimpy ...they're already complaining now about the fact that the Iraqi dinar needs to be revalued after they just devalued it...when they revalue it they're only talking about coming up just a little bit more. They're going to do it in increments...my guess is you're going to see them go in increments. IMO...every six months or so you're going to start seeing increases in the value of the dinar. Not decreases. It's not going to go crazy. It's not going to be some huge RV. Although that doesn't mean it won't happen. I'm just saying IMO that it would go up in increments...This is a good start. We like to see this...
1-4-2021 Newshound Guru Jeff I know there were a fair amount of people that were hopeful that the rate would change December/January because they were under the impression that Iraq's fiscal year was started January 1st. We haven't seen the rate change yet...On December 20th they devalued the currency. If they had plans to change the rate in January, devaluing the currency at the end of December would not have served a purpose...the reason why they devalued the currency on December 20th was because they need 90 days to reduce the dinar note count and squeeze more dinar out of the citizens. They need 90 days to do that...Iraq's fiscal year starts April 1st...
1-4-2021 Newshound/Intel Guru Mnt Goat Article: "PARLIAMENTARY FINANCE: RAISING THE PRICE OF THE DOLLAR WAS DIRECTED BY THE INTERNATIONAL MONETARY FUND AND THE WORLD BANK AND WITH THE KNOWLEDGE OF POLITICAL BLOCS, NOT THE GOVERNMENT." the devaluation is a temporary solution, if you can even call it that. It will blow up in their faces, if they don’t now do the project to delete the zeros and reinstate. There is no turning back…
1-4-2021 Newshound Guru Pimpy Article: "The dollar is dropping in Iraq" The dollar is dropping in Iraq. That's good. That's what you want to see happen. If the dollar value is dropping against the dinar that means what? The dinar value is going up...this is based on the market's response to the dinar...
1-4-2021 Intel Guru MarkZ I expected way more news over the weekend then we got…There are rumors that the Wanta-Reagan-Mitterand funds have been put in place. Just not released...These funds are real…do some research…if these funds are positioned for release…that is a good sign...that tells us we are close to a reset. There are a number of articles about many countries moving toward an economic reset…this lets us know we are getting close and moving toward the final days.
1-4-2021 Newshound Guru Jeff Article: "The Central bank's sales of dollar are falling to the lowest level". This is what I told you guys we were looking for for the rate change. You guys are officially in the season for the rate change...they do have to change the rate by the end of March.
1-4-2021 Newshound Guru Pimpy ...they're already complaining now about the fact that the Iraqi dinar needs to be revalued after they just devalued it...when they revalue it they're only talking about coming up just a little bit more. They're going to do it in increments...my guess is you're going to see them go in increments. IMO...every six months or so you're going to start seeing increases in the value of the dinar. Not decreases. It's not going to go crazy. It's not going to be some huge RV. Although that doesn't mean it won't happen. I'm just saying IMO that it would go up in increments...This is a good start. We like to see this...
1-4-2021 Newshound Guru Jeff I know there were a fair amount of people that were hopeful that the rate would change December/January because they were under the impression that Iraq's fiscal year was started January 1st. We haven't seen the rate change yet...On December 20th they devalued the currency. If they had plans to change the rate in January, devaluing the currency at the end of December would not have served a purpose...the reason why they devalued the currency on December 20th was because they need 90 days to reduce the dinar note count and squeeze more dinar out of the citizens. They need 90 days to do that...Iraq's fiscal year starts April 1st...
1-4-2021 Newshound/Intel Guru Mnt Goat Article: "PARLIAMENTARY FINANCE: RAISING THE PRICE OF THE DOLLAR WAS DIRECTED BY THE INTERNATIONAL MONETARY FUND AND THE WORLD BANK AND WITH THE KNOWLEDGE OF POLITICAL BLOCS, NOT THE GOVERNMENT." the devaluation is a temporary solution, if you can even call it that. It will blow up in their faces, if they don’t now do the project to delete the zeros and reinstate. There is no turning back…
1-3-2021 Newshound Guru Pimpy Article: "Security Council Sanctions Committee concerning Iraq Removes One Entity from It's Sanction List" Rafidain Bank has the sanctions against it have been removed. This is good news. This means that they obviously have behaved themselves...all is good.
1-3-2021 Newshound/Intel Guru Mnt Goat Article: "IT WILL CREATE THOUSANDS OF JOBS AS IRAQ ASPIRES TO BE THE “MAIN STOP” ON THE SILK ROAD" the “silk road” is not going to happen with a currency that is almost worthless.
1-3-2021 Newshound Guru Pimpy There's an assumption that the budget has been passed. I'm not sure that's the case because it says that it's been received. Article: "Parliamentary Finance receive the budget and reassures employees about salaries". My guess is that [the budget is not passed] because the agreement between Erbil and Baghdad has not been finalized. Although the part that matters for the budget to go forward has been agreed upon...
1-3-2021 Newshound/Intel Guru Mnt Goat Article: "IT WILL CREATE THOUSANDS OF JOBS AS IRAQ ASPIRES TO BE THE “MAIN STOP” ON THE SILK ROAD" the “silk road” is not going to happen with a currency that is almost worthless.
1-3-2021 Newshound Guru Pimpy There's an assumption that the budget has been passed. I'm not sure that's the case because it says that it's been received. Article: "Parliamentary Finance receive the budget and reassures employees about salaries". My guess is that [the budget is not passed] because the agreement between Erbil and Baghdad has not been finalized. Although the part that matters for the budget to go forward has been agreed upon...
1-2-2021 Newshound/Intel Guru Mnt Goat Article: "ECONOMIC WELCOME TO THE DIRECTIONS OF RAISING THE INTEREST RATE ON DEPOSITS" ...They are telling us what the CBI is doing with the devaluation. ...They need to collect these 3 zero notes and if they can’t get enough of them off the streets they are not going to go ahead with the project to delete the zeros. ...they are following the process. So if a part of it is slowed down then they have to wait, but the process is being followed. ...the devaluation was a very desperate move on the part of the CBI and they did not want to do it. They were forced to do it in order to get the loan from the IMF to pay December salaries. Also because they got the loan it was conditional on following the advice of the IMF and the World Bank on the next steps to get to the final outcome and reinstate the currency. It may seem all is lost now but the plan is working so far.
1-2-2021 Newshound Guru Jeff Article: "Parliament Finance talks about attempt to withdraw the Iraqi dinar from the local markets" The reason they're putting the dollar into the market and getting the dinar out of the market is they're trying to reduce the amount of dinar in the county in preparation for the rate change. This is a direction that came from the World Bank and the IMF...You are literally in the season for the rate change. You're there finally...they have the stage set for the rate change. We are in the best position we've ever been in...
1-2-2021 Newshound/Intel Guru Mnt Goat Article: "THE DOLLAR FACES THE IRAQI DINAR IN TWO WAYS: 130 OR 160 THOUSAND PER 100 DOLLARS ... AN INTERNATIONAL PROPOSAL FOR BAGHDAD THAT "RAISES THE PRICE MADLY" So this article is telling us that in order for Iraq to get a loan necessary to pay salaries for December they had to devalue the currency under pressure from the World Bank. This pressure was exerted on the Financial Ministry first and then to the CBI...But remember this – how will the GOI pay January’s salaries?
1-2-2021 Newshound Guru Adam Montana Article quote: "The deputy speaker of the Iraqi parliament, Bashir Al-Haddad, said Tuesday that Parliament has received the draft federal budget for 2021. This comes at a time when the Kurdistan Regional Government said that the agreement reached by its negotiating delegation with Baghdad is included in the draft law." Agreement with Kurds - this is not precisely HCL, but it's also not not precisely HCL. The point there is that if there was ever a time this is going to happen... it's probably upon us.
1-2-2021 Newshound Guru Jeff Article: "Parliament Finance talks about attempt to withdraw the Iraqi dinar from the local markets" They're now setting the stage for the rate change process. That's exactly where they're at. They need 90 days on this...Iraq will change the rate in very close proximity to the timing of their fiscal year which starts April 1st...they need 90 days to withdraw the note count...
1-2-2021 Newshound Guru MilitiaMan ...The country has obviously devalued for a purpose(s)...In my view they have a plan that included the devalue, then a subsequent deletion of the 3 zeros and then the intention is to defend the exchange rate for stability. The electronic payments may very well be a very supportive clue to the accuracy of my view. We shall see. imo. [post 2 of 2]
1-2-2021 Newshound Guru MilitiaMan Article: "Ministry of Commerce: the middle of next month, the date for the application of the electronic payment system" The push is on imo... They don't have much time between now and the mid month January time frame they give...to implement the electronic payment system. The minister of Trade had obstacles to overcome and it appears the obstacles have been overcome now. The electronic payments should be from my understanding be done with a new digital dinar. There words not mine. [post 1 of 2....stay tuned]
1-2-2021 Newshound Guru Jeff Article: "Parliament Finance talks about attempt to withdraw the Iraqi dinar from the local markets" The reason they're putting the dollar into the market and getting the dinar out of the market is they're trying to reduce the amount of dinar in the county in preparation for the rate change. This is a direction that came from the World Bank and the IMF...You are literally in the season for the rate change. You're there finally...they have the stage set for the rate change. We are in the best position we've ever been in...
1-2-2021 Newshound/Intel Guru Mnt Goat Article: "THE DOLLAR FACES THE IRAQI DINAR IN TWO WAYS: 130 OR 160 THOUSAND PER 100 DOLLARS ... AN INTERNATIONAL PROPOSAL FOR BAGHDAD THAT "RAISES THE PRICE MADLY" So this article is telling us that in order for Iraq to get a loan necessary to pay salaries for December they had to devalue the currency under pressure from the World Bank. This pressure was exerted on the Financial Ministry first and then to the CBI...But remember this – how will the GOI pay January’s salaries?
1-2-2021 Newshound Guru Adam Montana Article quote: "The deputy speaker of the Iraqi parliament, Bashir Al-Haddad, said Tuesday that Parliament has received the draft federal budget for 2021. This comes at a time when the Kurdistan Regional Government said that the agreement reached by its negotiating delegation with Baghdad is included in the draft law." Agreement with Kurds - this is not precisely HCL, but it's also not not precisely HCL. The point there is that if there was ever a time this is going to happen... it's probably upon us.
1-2-2021 Newshound Guru Jeff Article: "Parliament Finance talks about attempt to withdraw the Iraqi dinar from the local markets" They're now setting the stage for the rate change process. That's exactly where they're at. They need 90 days on this...Iraq will change the rate in very close proximity to the timing of their fiscal year which starts April 1st...they need 90 days to withdraw the note count...
1-2-2021 Newshound Guru MilitiaMan ...The country has obviously devalued for a purpose(s)...In my view they have a plan that included the devalue, then a subsequent deletion of the 3 zeros and then the intention is to defend the exchange rate for stability. The electronic payments may very well be a very supportive clue to the accuracy of my view. We shall see. imo. [post 2 of 2]
1-2-2021 Newshound Guru MilitiaMan Article: "Ministry of Commerce: the middle of next month, the date for the application of the electronic payment system" The push is on imo... They don't have much time between now and the mid month January time frame they give...to implement the electronic payment system. The minister of Trade had obstacles to overcome and it appears the obstacles have been overcome now. The electronic payments should be from my understanding be done with a new digital dinar. There words not mine. [post 1 of 2....stay tuned]
1-1-2021 Newshound Guru Adam Montana Iraq just changed the rate. Granted, it was the wrong way... but they are already talking about changing it again. You don't need me to tell you where this is headed. Hang tight, friends!
1-1-2021 Newshound/Intel Guru Mnt Goat Article: "BAGHDAD’S CURRENCY DEVALUATION LIFTS LID ON IRAN’S EXPLOITATION OF IRAQI RESOURCES" Here it is in black and white...I quote from the article: “The DECISION TO DEVALUE THE IRAQI DINAR AGAINST THE US DOLLAR HAS HAD POLITICAL AND STRATEGIC IMPLICATIONS FOR IRAN AND ITS MILITIAS IN IRAQ AND THE REGION”. ...they are killing 2 birds with one stone. ...they are accomplishing multiple objectives with the devaluation. It is a powerful & strategic move. It means it is not about a falling economy and a country about to go broke, but rather a means to a bigger end.
1-1-2021 Newshound Guru Kaperoni Raising the dinar exchange rate requires hard work. Stable government, laws, investment and a successful economy are required to see the dinar appreciate in value. There are no shortcuts.
1-1-2021 Intel Guru RayRen98 May this be our greatest year ever and may you receive all the blessings that he has in store for you. The latest bank update says Monday is expected to be busy.
1-1-2021 Newshound Guru Adam Montana HCL talks, agreements between Kurds and Baghdad, increasingly rapid progress - all happening right in front of us. I'm...excited to see what's next. GO RRRVVV!$!$!$!$!
1-1-2020 Newshound/Intel Guru Mnt Goat Remember from previous years we are not yet dead on the idea that a reinstatement could happen in the first quarter until they open the budget without it happening...Let’s watch for the 2021 Iraqi budget passing and see what happens then. Also, we know this devaluation is costing jobs in Iraq and so it is counterproductive as to what they say they want to do – create more jobs and build up the economy. So, this tells us this devaluation is short-lived. Better things are coming for Iraq.
1-1-2021 Intel Guru MarkZ [via PDK] [Is there an RV rate change?] We are not seeing a new rate in Iraq…they are announcing another rate change and their goal is to scare people…get you to throw in the towel and sell your currency…just like they did in Kuwait and China before their revaluations…this is the same thing Iraq did 3 previous times in the 1900’s…
1-1-2021 Newshound Guru Pimpy they're already talking about the rate change again. Will it happen? I don't know. It's only talk...The World Bank wanted to increase the number of dinars per dollar and the Iraq central bank said no. They want to go in the opposite direction. They want to decrease the number of dinars you get for every dollar. So the World Bank wants to devalue the dinar more. The Central Bank...they want to increase the value of the dinar...I thought this change would be really quick, very temporary just so they can get the salaries paid. Get back on track and then go right back to changing the rate in the right direction. So that's what looks like is happening fairly quickly. At least it's being discussed...this is a good thing. A very good thing.
1-1-2021 Newshound/Intel Guru Mnt Goat Article: "BAGHDAD’S CURRENCY DEVALUATION LIFTS LID ON IRAN’S EXPLOITATION OF IRAQI RESOURCES" Here it is in black and white...I quote from the article: “The DECISION TO DEVALUE THE IRAQI DINAR AGAINST THE US DOLLAR HAS HAD POLITICAL AND STRATEGIC IMPLICATIONS FOR IRAN AND ITS MILITIAS IN IRAQ AND THE REGION”. ...they are killing 2 birds with one stone. ...they are accomplishing multiple objectives with the devaluation. It is a powerful & strategic move. It means it is not about a falling economy and a country about to go broke, but rather a means to a bigger end.
1-1-2021 Newshound Guru Kaperoni Raising the dinar exchange rate requires hard work. Stable government, laws, investment and a successful economy are required to see the dinar appreciate in value. There are no shortcuts.
1-1-2021 Intel Guru RayRen98 May this be our greatest year ever and may you receive all the blessings that he has in store for you. The latest bank update says Monday is expected to be busy.
1-1-2021 Newshound Guru Adam Montana HCL talks, agreements between Kurds and Baghdad, increasingly rapid progress - all happening right in front of us. I'm...excited to see what's next. GO RRRVVV!$!$!$!$!
1-1-2020 Newshound/Intel Guru Mnt Goat Remember from previous years we are not yet dead on the idea that a reinstatement could happen in the first quarter until they open the budget without it happening...Let’s watch for the 2021 Iraqi budget passing and see what happens then. Also, we know this devaluation is costing jobs in Iraq and so it is counterproductive as to what they say they want to do – create more jobs and build up the economy. So, this tells us this devaluation is short-lived. Better things are coming for Iraq.
1-1-2021 Intel Guru MarkZ [via PDK] [Is there an RV rate change?] We are not seeing a new rate in Iraq…they are announcing another rate change and their goal is to scare people…get you to throw in the towel and sell your currency…just like they did in Kuwait and China before their revaluations…this is the same thing Iraq did 3 previous times in the 1900’s…
1-1-2021 Newshound Guru Pimpy they're already talking about the rate change again. Will it happen? I don't know. It's only talk...The World Bank wanted to increase the number of dinars per dollar and the Iraq central bank said no. They want to go in the opposite direction. They want to decrease the number of dinars you get for every dollar. So the World Bank wants to devalue the dinar more. The Central Bank...they want to increase the value of the dinar...I thought this change would be really quick, very temporary just so they can get the salaries paid. Get back on track and then go right back to changing the rate in the right direction. So that's what looks like is happening fairly quickly. At least it's being discussed...this is a good thing. A very good thing.
12-31-2020 Newshound Guru Mnt Goat Article: "THE DEVALUATION OF THE DINAR IS THE BEGINNING .. "PAINFUL" STEPS AND A DIFFICULT YEAR FOR THE IRAQIS" Yes, the devaluation is a necessary “painful step” . Like I said it is a step in the process and is being used as a means to an end.
12-31-2020 Newshound Guru MilitiaMan "TODAY'S AUCTION RESULTS...The results of the foreign currency sale window on Thursday 12/31/2020 and executed today 100,000 Total Cash Sale" Well folks I don't know about you all, but, the auctions at $100,000 or even at $1.3 million is getting scarce, especially the former. Something BIG is about to happen.. DT even stated as such too... Fairly sure when things line up electronically, it will be big...Happy New Year to ALL!!!
12-31-2020 Intel Guru Frank26 I have not changed my mind. The Iraqi dinar is going through a monetary reform right now. We're at the point right now that the tellers are done...and they're preparing themselves to introduce the small category notes to the citizens of Iraq. It's that simple.
12-31-2020 Intel Guru MarkZ [via PDK] Iraq is announcing another decrease instead of an increase…the chatter in Iraq is that they expect to go up in rate sometime between now and the 6th of January. So there is great potential for a rate increase on the Dinar the first week of January.
12-31-2020 Newshound Guru Breitling It's a policy based investment. If you're watching the local markets in Iraq and trying to figure out where the value is coming from you're never gonna get it because that's not how they think in Iraq. That's not the way they think in parliament, Ministry of Finance, Ministry of Planning or the CBI. That's not what they're thinking. They're thinking how do we keep the budget going with the U.S. dollar and at the same time how do we participate in other markets so we're diversified and we're not stuck in just the energy markets. They know the energy is going to go down period. Everybody knows this. Everybody is trying to get into different markets. Iraq is no different...they need to add value to their currency...
12-31-2020 Newshound Guru Adam Montana We don't have an RV yet, but it isn't hard to see this coming quickly. Rate change - done, overnight. A flick of the switch, and ...the rate changed. It will happen just as suddenly when they shock the world with a quick move the other way.
12-31-2020 Intel Guru Bruce ...we’ve got a week possibly from tonight before we actually do something with have our numbers and we set our appointments or we get our numbers Monday night and start Tuesday – there’s a possibility and we had it from an extremely high source – as high as you can get – in the banking world – that - that was the Monday/Tuesday thing...Now – what about the possibility of Mon/Tues – or Tues/Wed? I think it looks very good we should be there by then... that is what I’m hearing – passing on what it is that I’m getting...As far as Iraq is concerned – they are expecting to have another new rate – over the weekend – could start them on Sunday – their first business day – with a new budget – with a rate in the budget...the rate we were actually notified about was very strong – and just slightly below what Dr Shabbibi had predicted that the value of the Dinar to hold back in...2012...I believe we are in a good place to move forward and I’m excited because I think we’re finally coming to the end...
12-31-2021 Newshound Guru Pimpy Article "After the central bank was hit by a surprise... Iraq may move to change the dollar exchange rate". But this time in the right direction! Not the other way around. We're talking about increasing the value of the dinar against the U.S. dollar. You'll see different articles conflicting with one another that's why you can't get too excited with good news and get too bummed out with bad news. Quote "as soon as the devaluation of the dinar against foreign currency especially the US dollar came into effect the peoples willingness to buy those currencies decreased which created an alarm for the Central Bank of Iraq ." If they're going to increase it, this might be a good time...when you see the number of dinars decrease for every $1 that's what we want. That's good. That's what we want to see.
12-31-2020 Newshound Guru MilitiaMan "TODAY'S AUCTION RESULTS...The results of the foreign currency sale window on Thursday 12/31/2020 and executed today 100,000 Total Cash Sale" Well folks I don't know about you all, but, the auctions at $100,000 or even at $1.3 million is getting scarce, especially the former. Something BIG is about to happen.. DT even stated as such too... Fairly sure when things line up electronically, it will be big...Happy New Year to ALL!!!
12-31-2020 Intel Guru Frank26 I have not changed my mind. The Iraqi dinar is going through a monetary reform right now. We're at the point right now that the tellers are done...and they're preparing themselves to introduce the small category notes to the citizens of Iraq. It's that simple.
12-31-2020 Intel Guru MarkZ [via PDK] Iraq is announcing another decrease instead of an increase…the chatter in Iraq is that they expect to go up in rate sometime between now and the 6th of January. So there is great potential for a rate increase on the Dinar the first week of January.
12-31-2020 Newshound Guru Breitling It's a policy based investment. If you're watching the local markets in Iraq and trying to figure out where the value is coming from you're never gonna get it because that's not how they think in Iraq. That's not the way they think in parliament, Ministry of Finance, Ministry of Planning or the CBI. That's not what they're thinking. They're thinking how do we keep the budget going with the U.S. dollar and at the same time how do we participate in other markets so we're diversified and we're not stuck in just the energy markets. They know the energy is going to go down period. Everybody knows this. Everybody is trying to get into different markets. Iraq is no different...they need to add value to their currency...
12-31-2020 Newshound Guru Adam Montana We don't have an RV yet, but it isn't hard to see this coming quickly. Rate change - done, overnight. A flick of the switch, and ...the rate changed. It will happen just as suddenly when they shock the world with a quick move the other way.
12-31-2020 Intel Guru Bruce ...we’ve got a week possibly from tonight before we actually do something with have our numbers and we set our appointments or we get our numbers Monday night and start Tuesday – there’s a possibility and we had it from an extremely high source – as high as you can get – in the banking world – that - that was the Monday/Tuesday thing...Now – what about the possibility of Mon/Tues – or Tues/Wed? I think it looks very good we should be there by then... that is what I’m hearing – passing on what it is that I’m getting...As far as Iraq is concerned – they are expecting to have another new rate – over the weekend – could start them on Sunday – their first business day – with a new budget – with a rate in the budget...the rate we were actually notified about was very strong – and just slightly below what Dr Shabbibi had predicted that the value of the Dinar to hold back in...2012...I believe we are in a good place to move forward and I’m excited because I think we’re finally coming to the end...
12-31-2021 Newshound Guru Pimpy Article "After the central bank was hit by a surprise... Iraq may move to change the dollar exchange rate". But this time in the right direction! Not the other way around. We're talking about increasing the value of the dinar against the U.S. dollar. You'll see different articles conflicting with one another that's why you can't get too excited with good news and get too bummed out with bad news. Quote "as soon as the devaluation of the dinar against foreign currency especially the US dollar came into effect the peoples willingness to buy those currencies decreased which created an alarm for the Central Bank of Iraq ." If they're going to increase it, this might be a good time...when you see the number of dinars decrease for every $1 that's what we want. That's good. That's what we want to see.
12-30-2020 Intel Guru MarkZ [via PDK] [Is there a chance for the RV Sunday or Monday?] There is a chance…there is a battle going on…Iraq is hoping for a new rate by the 31st…which is a day away…
12-30-2020 Newshound Guru Mnt Goat Article: "ECONOMIST CALLS FOR THE REMOVAL OF THE THREE ZEROS FROM THE DINAR TO STRENGTHEN THE LOCAL CURRENCY" So we have been waiting for articles like this. Notice we have not see any “direct” article talking about this subject of “deleting the zeros” for a long time. Now they finally are telling us this may be a solution to getting out of the mess they are in.
12-30-2020 Newshound Guru MilitiaMan They are now telling us...that they are de dollarizing and will be heading to use digital dollars in the future for tracking...Transparency. ...Well if we look at the Auctions lately and even today, proves they show us a massive change of late and that supports scarcity is upon Iraq now for the USD. imo. A necessity of the IMF on Iraq ...They will need to cease the use of the USD as we know it. The future will be very different and it will curb corruption.. So, be patient and hopeful as there is no need to be worried or upset for that the devalue sets the stage for a revalue.. imo...
12-30-2020 Intel Guru Frank26 Did you see the IMF say 'This reduction of purchasing power of the Iraq dinar this is a permanent thing'? Did you hear them say that? [shakes head no]. But yet all of a sudden we go from 1450 to 1600 to 1650, good God I bet you anything we go even more. Anything to mess you up. That's the purpose. That's what's supposed to happen right now. And for you to fall for it? No, that's not right...keep a constant state of suspicious alertness...we're so close to the apex. We're so close to conquering this mountain...whatever you do, don't fall down the hill. Do not get discouraged. It's very clear IMO what they're doing...
12-30-2020 Newshound Guru Pimpy Article: "Parliamentary Finance: This is the date for the budget debate session" According to the constitution the cabinet members look at a budget. They pass the budget and then it goes to the House of Representative where technically they're supposed to be some type of 90-day thing and you're supposed to have 3 readings in there so any changes gets done. But it seems to me that that part of it's being bypassed...They want to try to get this passed before the end of the year. That's not many more days...we'll see if this gets accomplished.
12-30-2020 Intel Guru MarkZ [via PDK] Iraq is shutting down a lot of oil and energy to Iran. They are still positioned for it… Kuwait, Jordan and a number of countries over there have shut down their borders in preparation for something. They are checking the amount of currencies you have at the borders...things are happening in the middle east we just do not know the timing at this point. [why is Iraq closing its borders?] Preparation…we saw Kuwait did the same thing before its RV. I think they are preparing to change its value in a meaningful, significant way.
12-30-2020 Newshound Guru Adam Montana Article quote: "The legislative procedures to complete the federal budget law may take from 20-30 days, and that the council will begin the first reading of the draft law early next January." 2021 Budget. 20-30 days - this means January for completion (probability: good, for once!)
12-30-2020 Newshound Guru Breitling This last year they kept talking about adding value to their currency and complying with what Trump's trying to do...the next thing you know they devalue it. What are they doing? They're trying to negotiate because they're on the edge of doing this. They want to devalue their currency so they can pay off debt - get the payments down...then they're going to start adding value to their currency. Iraq needs to get out from under the U.S. dollar... adding value to their currency there's more than one path...it's very simple. It's a policy based investment. [Post 2 of 2]
12-30-2020 Newshound Guru Breitling If you look at the Saddam Hussein era the currency was worth $3.25 cents...How many people were buying Iraq's energy? It was a lot but it's not as much as it is today...$3.25 with less customers! You understand what Iraq can do...Iraq needs to sell energy through the U.S. dollar and at the same time add value to their currency. Those are different markets. They have to add value to their currency as a policy so they can create the markets...If you look at it through that direction it's crystal clear. [Post 1 of 2]
12-30-2020 Newshound Guru Kaperoni Changing the exchange rate has reduced demand on dollars. This is the result of a 22% reduction of the dinar exchange rate which made the dollars cost 20% more in Iraq...
12-30-2020 Newshound Guru Mnt Goat Article: "ECONOMIST CALLS FOR THE REMOVAL OF THE THREE ZEROS FROM THE DINAR TO STRENGTHEN THE LOCAL CURRENCY" So we have been waiting for articles like this. Notice we have not see any “direct” article talking about this subject of “deleting the zeros” for a long time. Now they finally are telling us this may be a solution to getting out of the mess they are in.
12-30-2020 Newshound Guru MilitiaMan They are now telling us...that they are de dollarizing and will be heading to use digital dollars in the future for tracking...Transparency. ...Well if we look at the Auctions lately and even today, proves they show us a massive change of late and that supports scarcity is upon Iraq now for the USD. imo. A necessity of the IMF on Iraq ...They will need to cease the use of the USD as we know it. The future will be very different and it will curb corruption.. So, be patient and hopeful as there is no need to be worried or upset for that the devalue sets the stage for a revalue.. imo...
12-30-2020 Intel Guru Frank26 Did you see the IMF say 'This reduction of purchasing power of the Iraq dinar this is a permanent thing'? Did you hear them say that? [shakes head no]. But yet all of a sudden we go from 1450 to 1600 to 1650, good God I bet you anything we go even more. Anything to mess you up. That's the purpose. That's what's supposed to happen right now. And for you to fall for it? No, that's not right...keep a constant state of suspicious alertness...we're so close to the apex. We're so close to conquering this mountain...whatever you do, don't fall down the hill. Do not get discouraged. It's very clear IMO what they're doing...
12-30-2020 Newshound Guru Pimpy Article: "Parliamentary Finance: This is the date for the budget debate session" According to the constitution the cabinet members look at a budget. They pass the budget and then it goes to the House of Representative where technically they're supposed to be some type of 90-day thing and you're supposed to have 3 readings in there so any changes gets done. But it seems to me that that part of it's being bypassed...They want to try to get this passed before the end of the year. That's not many more days...we'll see if this gets accomplished.
12-30-2020 Intel Guru MarkZ [via PDK] Iraq is shutting down a lot of oil and energy to Iran. They are still positioned for it… Kuwait, Jordan and a number of countries over there have shut down their borders in preparation for something. They are checking the amount of currencies you have at the borders...things are happening in the middle east we just do not know the timing at this point. [why is Iraq closing its borders?] Preparation…we saw Kuwait did the same thing before its RV. I think they are preparing to change its value in a meaningful, significant way.
12-30-2020 Newshound Guru Adam Montana Article quote: "The legislative procedures to complete the federal budget law may take from 20-30 days, and that the council will begin the first reading of the draft law early next January." 2021 Budget. 20-30 days - this means January for completion (probability: good, for once!)
12-30-2020 Newshound Guru Breitling This last year they kept talking about adding value to their currency and complying with what Trump's trying to do...the next thing you know they devalue it. What are they doing? They're trying to negotiate because they're on the edge of doing this. They want to devalue their currency so they can pay off debt - get the payments down...then they're going to start adding value to their currency. Iraq needs to get out from under the U.S. dollar... adding value to their currency there's more than one path...it's very simple. It's a policy based investment. [Post 2 of 2]
12-30-2020 Newshound Guru Breitling If you look at the Saddam Hussein era the currency was worth $3.25 cents...How many people were buying Iraq's energy? It was a lot but it's not as much as it is today...$3.25 with less customers! You understand what Iraq can do...Iraq needs to sell energy through the U.S. dollar and at the same time add value to their currency. Those are different markets. They have to add value to their currency as a policy so they can create the markets...If you look at it through that direction it's crystal clear. [Post 1 of 2]
12-30-2020 Newshound Guru Kaperoni Changing the exchange rate has reduced demand on dollars. This is the result of a 22% reduction of the dinar exchange rate which made the dollars cost 20% more in Iraq...
12-29-2020 Newshound/Intel Guru Mnt Goat What are my feelings if this reinstate will happen in early January 2021? If you look on the surface and didn’t know any better you would say Iraq is in chaos and the economy is about to crash. You might say there is no way they will raise the value of the dinar over the dollar. ...First, you must understand that the sole de facto peg of the Iraqi dinar to the US dollar is part of the problem too. The IMF and the World Bank wants desperately to re-peg the dinar to a basket of currencies and out it on a FLOAT to control it better and level off it’s rate. This way the global community determines the rate and not the average citizen in Iraq who is open to rumors and speculation. They want to open the dinar up to the world and let the investors determine the rate. [post 2 of 2]
12-29-2020 Newshound/Intel Guru Mnt Goat So, the questions on everyone’s minds are: 1) will we get the reinstatement in early 2021? 2) has the CBI truly been planning for this event...? Well…to answer these questions...the CBI is, in fact, planning to reinstate the Iraqi dinar. The plan has not changed and this is a necessity...this is at the heart of the financial issues they are now facing in not doing it earlier. So, what do we know as FACT? We know they had planned to complete the project to delete the zeros by mid-year 2020 and they told us this was their goal a year ago in news articles and from my CBI contact, but this did not happen. So, it may not seem like it, but the CBI is on a timeline. This timeline keeps getting bumped or pushed out due to circumstances... [post 1 of 2....stay tuned]
12-29-2020 Newshound Guru Breitling There is a misunderstanding with Iraq. What is it is they're doing and how specifically are they doing it? ...The parliament, the Minister of Finance, the Ministry of Planning and the CBI they're all talking about adding value to the currency. But you look at the people and they're all in poverty and it's sad. Here's what you guys don't understand. The rate it not based on the market. It's based on the policy. Iraq is trying to get a market rate currency...If you can't understand that the Iraqi dinar is based on policy and not the market you don't need to be in this investment. You're gonna go for a rollercoaster ride. There are going to be a bunch of questions that you'll never be able to answer because you are looking at it incorrectly...
12-29-2020 Newshound Guru Jeff ...what they're doing is injecting more U.S. dollars into Iraq's economy that when the rate changes they have dollars instead of dinar...when the rate does change they have take their dollars into the bank for dinar. It's just another step to pull the dinar out of circulation - to remove the 3-zero notes out of circulation inside the country of Iraq...
12-29-2020 Intel Guru Frank26 Didn't we not say to you that this 1450 is something that you can flush down the toilet? 99.9% of you did [hear me]. The rest of you didn't and you panic. And you continue to let this open wound to become infected and you created your own frustration...stop being so scandalous about every little thing you hear. It's supposed to be confusing...the confusion is part of the plan...
12-29-2020 Newshound/Intel Guru Mnt Goat I want everyone also to remember they have not forgotten about the 3 zero notes that we hold. They must also collect these notes too. This is part of the project to delete the zeros. We have the larger 3 zero notes and so they must collect them and delete them. We have been faithful investors in the Iraqi economy and have helped Iraq through their financial difficulties of the past. The US customs could have easily blocked the dinar from entering the country and limiting us from our purchases. So why did our government allow us to invest in so much dinar? ...There is a reason and there is a plan to use the dinar... We too need to be paid off. We would have already been paid off if it had not been for all the corruption causing the delays in this process. I also want to bring to your attention that the Iraqi 2021 budget passing as this is very important to the process as is the US elections. We sit, wait, PRAY and watch what happens next. [post 2 of 2]
12-29-2020 Newshound/Intel Guru Mnt Goat ...The recent devaluation is hoped to accomplish the following: 1) limit the currency auction theft; 2) collect the other 30% of the three zero notes, 3) cause the citizens to buy US dollars by speculating that there will be further devaluation of the dinar soon. This is why they are spreading the 1660 rumor now...Will they devalue the currency yet again to 1660, as the rumors now say and the BIS is suggesting? What would be the impact? I am told this will only happen as necessity prevails. In other words, they want to leave it just as a rumor but if the 1450 devaluation does not work they will go further. THEY MUST COLLECT THE 3 ZERO NOTES prior to the reinstatement! [post 1 of 2....stay tunted]
12-29-2020 Newshound Guru Breitling They want to add value to their currency...They want to be able to participate in the markets. They want to diversify. They want to get out of the oil markets. They're stuck. What are they going to do? They're going to comply with the United States, the west and our trading...they're still moving forward...They are going to pay off debt. They're going to get their payments lower. Then they're going to add value to their currency. It's a win, win, win situation for them. That's their strategy. That's what they're up to...this thing is coming down the road. They're going to revalue their currency...
12-29-2020 Newshound Guru MilitiaMan I am sure everyone by now can see the postponements are intentional. They clearly have a goal, a purpose and it is on purpose imo. They are holding their cards (exchange rate) close to the chest as long as they possibly can. It is clear...They are going to update the exchange rate before the end of the year. One can say, well they did already from 1190 - 1460 and one can say they are to do it again based off todays articles from 1460 - 1660. ...Hindsight shows they did tell us though one way or another that they are or were going to devalue the currency and also revalue it.
12-29-2020 Newshound/Intel Guru Mnt Goat So, the questions on everyone’s minds are: 1) will we get the reinstatement in early 2021? 2) has the CBI truly been planning for this event...? Well…to answer these questions...the CBI is, in fact, planning to reinstate the Iraqi dinar. The plan has not changed and this is a necessity...this is at the heart of the financial issues they are now facing in not doing it earlier. So, what do we know as FACT? We know they had planned to complete the project to delete the zeros by mid-year 2020 and they told us this was their goal a year ago in news articles and from my CBI contact, but this did not happen. So, it may not seem like it, but the CBI is on a timeline. This timeline keeps getting bumped or pushed out due to circumstances... [post 1 of 2....stay tuned]
12-29-2020 Newshound Guru Breitling There is a misunderstanding with Iraq. What is it is they're doing and how specifically are they doing it? ...The parliament, the Minister of Finance, the Ministry of Planning and the CBI they're all talking about adding value to the currency. But you look at the people and they're all in poverty and it's sad. Here's what you guys don't understand. The rate it not based on the market. It's based on the policy. Iraq is trying to get a market rate currency...If you can't understand that the Iraqi dinar is based on policy and not the market you don't need to be in this investment. You're gonna go for a rollercoaster ride. There are going to be a bunch of questions that you'll never be able to answer because you are looking at it incorrectly...
12-29-2020 Newshound Guru Jeff ...what they're doing is injecting more U.S. dollars into Iraq's economy that when the rate changes they have dollars instead of dinar...when the rate does change they have take their dollars into the bank for dinar. It's just another step to pull the dinar out of circulation - to remove the 3-zero notes out of circulation inside the country of Iraq...
12-29-2020 Intel Guru Frank26 Didn't we not say to you that this 1450 is something that you can flush down the toilet? 99.9% of you did [hear me]. The rest of you didn't and you panic. And you continue to let this open wound to become infected and you created your own frustration...stop being so scandalous about every little thing you hear. It's supposed to be confusing...the confusion is part of the plan...
12-29-2020 Newshound/Intel Guru Mnt Goat I want everyone also to remember they have not forgotten about the 3 zero notes that we hold. They must also collect these notes too. This is part of the project to delete the zeros. We have the larger 3 zero notes and so they must collect them and delete them. We have been faithful investors in the Iraqi economy and have helped Iraq through their financial difficulties of the past. The US customs could have easily blocked the dinar from entering the country and limiting us from our purchases. So why did our government allow us to invest in so much dinar? ...There is a reason and there is a plan to use the dinar... We too need to be paid off. We would have already been paid off if it had not been for all the corruption causing the delays in this process. I also want to bring to your attention that the Iraqi 2021 budget passing as this is very important to the process as is the US elections. We sit, wait, PRAY and watch what happens next. [post 2 of 2]
12-29-2020 Newshound/Intel Guru Mnt Goat ...The recent devaluation is hoped to accomplish the following: 1) limit the currency auction theft; 2) collect the other 30% of the three zero notes, 3) cause the citizens to buy US dollars by speculating that there will be further devaluation of the dinar soon. This is why they are spreading the 1660 rumor now...Will they devalue the currency yet again to 1660, as the rumors now say and the BIS is suggesting? What would be the impact? I am told this will only happen as necessity prevails. In other words, they want to leave it just as a rumor but if the 1450 devaluation does not work they will go further. THEY MUST COLLECT THE 3 ZERO NOTES prior to the reinstatement! [post 1 of 2....stay tunted]
12-29-2020 Newshound Guru Breitling They want to add value to their currency...They want to be able to participate in the markets. They want to diversify. They want to get out of the oil markets. They're stuck. What are they going to do? They're going to comply with the United States, the west and our trading...they're still moving forward...They are going to pay off debt. They're going to get their payments lower. Then they're going to add value to their currency. It's a win, win, win situation for them. That's their strategy. That's what they're up to...this thing is coming down the road. They're going to revalue their currency...
12-29-2020 Newshound Guru MilitiaMan I am sure everyone by now can see the postponements are intentional. They clearly have a goal, a purpose and it is on purpose imo. They are holding their cards (exchange rate) close to the chest as long as they possibly can. It is clear...They are going to update the exchange rate before the end of the year. One can say, well they did already from 1190 - 1460 and one can say they are to do it again based off todays articles from 1460 - 1660. ...Hindsight shows they did tell us though one way or another that they are or were going to devalue the currency and also revalue it.
12-28-2020 Newshound Guru Pimpy Article: "An advisor in the central bank determines its orientations regarding the exchange rate and the possibility of changing it again" ...technically what they said [before] was they would only devalue the dinar one time not change the rate...I thought this devaluing of the dinar was only a short-term thing. It just didn't make sense to me especially since they had so much building to do and how it disproportionately affected the poor. So now it looks like there's already going to be pressure on them to go ahead and decrease the rate so the value goes back up for dinar holders...
12-28-2020 Intel Guru MarkZ An interesting week for sure in the making. Normally the week between Christmas and New Years is just full of left overs...this week it looks to be action packed. Many more people are returning to their locations throughout the day today… and I hope I can get more news when they get back into place today. This has me really upbeat. Normally they would have all just stayed home …especially the way Europe usually shuts down for the banking holidays over Christmas...If they did not think something was “afoot” they would not be returning to their exchange locations until after Jan 1st.
12-28-2020 Newshound Guru Kaperoni ...There are no arbitrary reevaluations or reinstatements...that's not how monetary policy works...the Central Bank of Iraq has to follow strict rules as well as rules and process from the IMF...This is a very complicated time for Iraq...It's going to take Iraq several months to get back on track and move forward...
12-28-2020 Newshound Guru Jeff Article: "Employees complain: owners of K-Card outlets in Mosul distribute salaries in dollars at the new exchange rate". You know what they're doing? They're injecting and defusing more of the U.S. dollar to get the dinar out of circulation on top of the fact that they've devalued it to squeeze more three-zero notes out of the citizens from their mattresses...this step to reduce the note count needs at least 90-days to be effective...they implemented this step on December 20th exactly 90 days before Kuwait historically changed the value of their currency which was March 24 of '91. That same day today would be Sunday March 21st of '21...
12-28-2020 Newshound Guru Breitling What's happening in Iraq, what's happening with their currency is only good news...I know people are in panic mode...I've got email from people asking "Should I get out? Is this over with?" That's furthest from the truth. It's the complete opposite...Iraq is in debt. They want to get out of debt...one of the strategies of getting out of debt is lowing the value of the currency. Then you pay at a lower price. Then when you're done making those payments guess what? You add value back to your currency. And that is what Iraq is doing...
12-28-2020 Newshound Guru Pimpy Article: "Today, Sunday, relative stability in the exchange rate of the dollar in the local markets" ...The rate was changed to 1450 dinars for every 1 dollar but the exchange rate on the stock exchange it's actually performing pretty good. It bounces somewhere between 1410 and 1430. That means the dinar is stronger than they had pegged. So it's doing very well in the markets.
12-28-2020 Newshound Guru MilitiaMan The focus is on their reserves and that there is strength to the dinar. The recent devaluation was on purpose for a purpose. That purpose is to have liquidity to support the public finances while they de dollarize the country...Modifying the exchange rate is on the table with House of Representatives this next week, as early as Tuesday - Wednesday... Lets see what they do. imo.
12-28-2020 Newshound Guru Jeff Iraq has now officially announced to us that they have implemented the reforms as of Sunday December 20th when they devalued that rate...they've got to change the rate by the end of March...Now that they've devalued the Iraq dinar they have now told you they've officially started the reforms.
12-28-2020 Intel Guru MarkZ An interesting week for sure in the making. Normally the week between Christmas and New Years is just full of left overs...this week it looks to be action packed. Many more people are returning to their locations throughout the day today… and I hope I can get more news when they get back into place today. This has me really upbeat. Normally they would have all just stayed home …especially the way Europe usually shuts down for the banking holidays over Christmas...If they did not think something was “afoot” they would not be returning to their exchange locations until after Jan 1st.
12-28-2020 Newshound Guru Kaperoni ...There are no arbitrary reevaluations or reinstatements...that's not how monetary policy works...the Central Bank of Iraq has to follow strict rules as well as rules and process from the IMF...This is a very complicated time for Iraq...It's going to take Iraq several months to get back on track and move forward...
12-28-2020 Newshound Guru Jeff Article: "Employees complain: owners of K-Card outlets in Mosul distribute salaries in dollars at the new exchange rate". You know what they're doing? They're injecting and defusing more of the U.S. dollar to get the dinar out of circulation on top of the fact that they've devalued it to squeeze more three-zero notes out of the citizens from their mattresses...this step to reduce the note count needs at least 90-days to be effective...they implemented this step on December 20th exactly 90 days before Kuwait historically changed the value of their currency which was March 24 of '91. That same day today would be Sunday March 21st of '21...
12-28-2020 Newshound Guru Breitling What's happening in Iraq, what's happening with their currency is only good news...I know people are in panic mode...I've got email from people asking "Should I get out? Is this over with?" That's furthest from the truth. It's the complete opposite...Iraq is in debt. They want to get out of debt...one of the strategies of getting out of debt is lowing the value of the currency. Then you pay at a lower price. Then when you're done making those payments guess what? You add value back to your currency. And that is what Iraq is doing...
12-28-2020 Newshound Guru Pimpy Article: "Today, Sunday, relative stability in the exchange rate of the dollar in the local markets" ...The rate was changed to 1450 dinars for every 1 dollar but the exchange rate on the stock exchange it's actually performing pretty good. It bounces somewhere between 1410 and 1430. That means the dinar is stronger than they had pegged. So it's doing very well in the markets.
12-28-2020 Newshound Guru MilitiaMan The focus is on their reserves and that there is strength to the dinar. The recent devaluation was on purpose for a purpose. That purpose is to have liquidity to support the public finances while they de dollarize the country...Modifying the exchange rate is on the table with House of Representatives this next week, as early as Tuesday - Wednesday... Lets see what they do. imo.
12-28-2020 Newshound Guru Jeff Iraq has now officially announced to us that they have implemented the reforms as of Sunday December 20th when they devalued that rate...they've got to change the rate by the end of March...Now that they've devalued the Iraq dinar they have now told you they've officially started the reforms.
12-27-2020 Newshound Guru MilitiaMan ...there is and was a collaboration to devalue the currency to get currency out of the market place...They have been working at financial inclusion for quite some time. They tell us that they have or have had 60 trillion IQD in circulation...it has been a work in progress to get it out of circulation. We can see now with hind sight what has happened...they are moving into the next phase and have the support of the IMF...We now should see after that recent devaluation down to 1460 from 1190 the next phase to kick in and a re-instatement or revaluation to an internationally acceptable currency exchange rate. One that is probably already approved and just about ready to be exposed...
12-27-2020 Intel Guru Footforward [...can you elaborate on the pictures of the 500 and 250 Note of the Iraqi Dinar. I have heard different things. Are these new notes in Circulation? If so what does It mean for our investment?] I haven't seen any pictures but they aren't buying anything with those notes yet. They need the value to drastically increase. So my comment would be it doesn't matter until they RV. But I'd suggest they didn't print smaller denoms for nothing. That's my opinion. Not financial or investment advice.
12-27-2020 Intel Guru Frank26 Why aren't you worried about what's going on [the deflation to 1460]? Because this is being used to retrieve the three zero notes and because IMO I feel very strongly that the budget does not have this 1450 rate. Nor does the HCL. Nor do the white papers. So why should I worry about 1450...
12-27-2020 Newshound Guru Jeff Article: "The International Monetary announces support for the Iraqi government's measures for "economic reform" What they're telling you that what they did last Sunday whey they devalued their currency they started the reforms...they're telling you it's a step of the reforms. They're telling you this is the start of the reforms...So Iraq has officially started the reforms...they have officially set the 90-days stage for the rate change...
12-27-2020 Newshound Guru MilitiaMan The end game is looking to be upon us. They have entered a state where they need critical recalibrations of economic policies. Think of those policies as being exchange rate oriented. The IMF has told us they are to change the exchange rate within this fiscal year. That runs out on or before 12/31/2020 imo.
12-27-2020 Newshound Guru Pimpy Article: "Baghdad dollar exchange rate is rising". This is good...they set the value at 1450 for $1 dollar. So it's down 40...it's a small move but even so you like to see that it's going in the right direction for us...
12-27-2020 Newshound/Intel Guru Walkingstick (via frank26) the auctions which are now well controlled and were always the cause of this problem...will now increase. They will double - they will triple up their sales of the American dollar... Why? Because this will create a shortage of the IQD three zero notes in the marketplace which in turn forces the merchants and the citizens to exchange the IQD for the USD...By them bringing in their 3 zero notes to the CBI for USDs they're collecting their 3 zeros and fixing up M1, M2, M3 figures. Then they can come out with a rate of 1 to 1 or 1 to 1.45...now [citizens] go ahead and trade them in for the new small category notes...the goal is to take in as many 3 zero...within the next week or two...
12-27-2020 Intel Guru Frank26 When you go to exchange and then what you're going to do after that. You have to know when to hold them and fold them...when the new rate comes out and it's international it will be pegged to the American Dollar inside of a basket...but it cannot grow pegged to the American Dollar..."I'll take the 1 to 1 Frank". Go right ahead but it will float and you need to know how...you've got to know when to hold'm and when to fold'm...
12-27-2020 Intel Guru Footforward [...can you elaborate on the pictures of the 500 and 250 Note of the Iraqi Dinar. I have heard different things. Are these new notes in Circulation? If so what does It mean for our investment?] I haven't seen any pictures but they aren't buying anything with those notes yet. They need the value to drastically increase. So my comment would be it doesn't matter until they RV. But I'd suggest they didn't print smaller denoms for nothing. That's my opinion. Not financial or investment advice.
12-27-2020 Intel Guru Frank26 Why aren't you worried about what's going on [the deflation to 1460]? Because this is being used to retrieve the three zero notes and because IMO I feel very strongly that the budget does not have this 1450 rate. Nor does the HCL. Nor do the white papers. So why should I worry about 1450...
12-27-2020 Newshound Guru Jeff Article: "The International Monetary announces support for the Iraqi government's measures for "economic reform" What they're telling you that what they did last Sunday whey they devalued their currency they started the reforms...they're telling you it's a step of the reforms. They're telling you this is the start of the reforms...So Iraq has officially started the reforms...they have officially set the 90-days stage for the rate change...
12-27-2020 Newshound Guru MilitiaMan The end game is looking to be upon us. They have entered a state where they need critical recalibrations of economic policies. Think of those policies as being exchange rate oriented. The IMF has told us they are to change the exchange rate within this fiscal year. That runs out on or before 12/31/2020 imo.
12-27-2020 Newshound Guru Pimpy Article: "Baghdad dollar exchange rate is rising". This is good...they set the value at 1450 for $1 dollar. So it's down 40...it's a small move but even so you like to see that it's going in the right direction for us...
12-27-2020 Newshound/Intel Guru Walkingstick (via frank26) the auctions which are now well controlled and were always the cause of this problem...will now increase. They will double - they will triple up their sales of the American dollar... Why? Because this will create a shortage of the IQD three zero notes in the marketplace which in turn forces the merchants and the citizens to exchange the IQD for the USD...By them bringing in their 3 zero notes to the CBI for USDs they're collecting their 3 zeros and fixing up M1, M2, M3 figures. Then they can come out with a rate of 1 to 1 or 1 to 1.45...now [citizens] go ahead and trade them in for the new small category notes...the goal is to take in as many 3 zero...within the next week or two...
12-27-2020 Intel Guru Frank26 When you go to exchange and then what you're going to do after that. You have to know when to hold them and fold them...when the new rate comes out and it's international it will be pegged to the American Dollar inside of a basket...but it cannot grow pegged to the American Dollar..."I'll take the 1 to 1 Frank". Go right ahead but it will float and you need to know how...you've got to know when to hold'm and when to fold'm...
12-26-2020 Newshound Guru Jeff Here's amazing news...they've told us multiple times that when the rate does change they're going to want to shut down and end the currency auctions. That's one of the steps you're seeing right before you... Article "The Central Bank Auctions continues to decline and is witnessing a rate event". They are literally bringing the currency auctions to an end right before you. That's what's going on...you're officially in a 90-day period for the rate change. You're right in the middle of it. They're setting the stage on this right in front of you...
12-26-2020 Newshound/Intel Guru Walkingstick (via frank26) The IMF approved the decrease of the Iraqi dinar but it is a temporary decrease. Why did they do it? ...the number one reason was to bring in...the mattress dinars...
12-26-2020 Newshound/Intel Guru Mnt Goat Article: "CENTRAL BANK GOVERNOR: WE WILL DOUBLE THE SALE OF THE DOLLAR TO EXCHANGE FIRMS" So it is very clear in this article that the CBI is infusing twice the amount of US dollars in circulation after they made the rate adjustment to 1450. Why? They are attempting to bring the price of the dollar down using the microeconomics law of supply and demand. In doing so will have the adverse effect on the dinar and bring the price of the dinar back up...
12-26-2020 Newshound Guru Kaperoni Central Bank has made a promise that they won't devalue again. I believe they have high aspirations for the success of the private sector and economy in Iraq. And if so, they are correct the dinar can only go up.
12-26-2020 Intel Guru Footforward The devaluation of the dinar is good news…we have had the first devaluation…I expect to see another one. I have expected this to happen for years. I really think our rate to exchange the dinar will be over $3.50.
12-26-2020 Intel Guru Frank26 ...You can not stop this monetary reform. President Trump put Iraq and this whole Middle East and many countries in a position for Iraq to lift the value of their currency...You think the BIS...the whole International world wants to invest at 1450? Of course not. You think this whole pyramid of amazing accomplishments is going to be toppled and collapsed because they decrease their currency? No.
12-26-2020 Newshound Guru Jeff ...let's say Iraq revalued their currency clear up to a dollar. They'd be going from 1500 dinar that equals one dollar clear up to 1 dollar. That is over a thousand percent increase...That type of large rate change has to be coordinated and timed with the budget fiscal period...small rate changes can happen any time. Large rate changes that will impact the value of the currency that the budgets are calculated off of...have to be timed and coordinated with the timing of a fiscal period...
12-26-2020 Newshound/Intel Guru Walkingstick (via frank26) How long are they going to keep this 1470 decreased rate? ...not too long. They got a couple weeks and they can't use all those two weeks.
12-26-2020 Intel Guru Bruce [via WiserNow] ...as much as I would have loved to deliver this blessing – to you by having it happen before Christmas - unfortunately that was not going to be the case... I have an idea of when we are supposed to go but as much as Pres Trump wanted this to be for our Christmas – it is not...we could get notified Tuesday and start Tuesday - or we could get notified Tuesday and start Wednesday... let’s believe our Christmas is coming just a bit later but before the end of 2020 – and the next year would be a terrific year for all of us...
12-26-2020 Newshound/Intel Guru Walkingstick (via frank26) The IMF approved the decrease of the Iraqi dinar but it is a temporary decrease. Why did they do it? ...the number one reason was to bring in...the mattress dinars...
12-26-2020 Newshound/Intel Guru Mnt Goat Article: "CENTRAL BANK GOVERNOR: WE WILL DOUBLE THE SALE OF THE DOLLAR TO EXCHANGE FIRMS" So it is very clear in this article that the CBI is infusing twice the amount of US dollars in circulation after they made the rate adjustment to 1450. Why? They are attempting to bring the price of the dollar down using the microeconomics law of supply and demand. In doing so will have the adverse effect on the dinar and bring the price of the dinar back up...
12-26-2020 Newshound Guru Kaperoni Central Bank has made a promise that they won't devalue again. I believe they have high aspirations for the success of the private sector and economy in Iraq. And if so, they are correct the dinar can only go up.
12-26-2020 Intel Guru Footforward The devaluation of the dinar is good news…we have had the first devaluation…I expect to see another one. I have expected this to happen for years. I really think our rate to exchange the dinar will be over $3.50.
12-26-2020 Intel Guru Frank26 ...You can not stop this monetary reform. President Trump put Iraq and this whole Middle East and many countries in a position for Iraq to lift the value of their currency...You think the BIS...the whole International world wants to invest at 1450? Of course not. You think this whole pyramid of amazing accomplishments is going to be toppled and collapsed because they decrease their currency? No.
12-26-2020 Newshound Guru Jeff ...let's say Iraq revalued their currency clear up to a dollar. They'd be going from 1500 dinar that equals one dollar clear up to 1 dollar. That is over a thousand percent increase...That type of large rate change has to be coordinated and timed with the budget fiscal period...small rate changes can happen any time. Large rate changes that will impact the value of the currency that the budgets are calculated off of...have to be timed and coordinated with the timing of a fiscal period...
12-26-2020 Newshound/Intel Guru Walkingstick (via frank26) How long are they going to keep this 1470 decreased rate? ...not too long. They got a couple weeks and they can't use all those two weeks.
12-26-2020 Intel Guru Bruce [via WiserNow] ...as much as I would have loved to deliver this blessing – to you by having it happen before Christmas - unfortunately that was not going to be the case... I have an idea of when we are supposed to go but as much as Pres Trump wanted this to be for our Christmas – it is not...we could get notified Tuesday and start Tuesday - or we could get notified Tuesday and start Wednesday... let’s believe our Christmas is coming just a bit later but before the end of 2020 – and the next year would be a terrific year for all of us...
12-25-2020 Intel Guru Frank26 ...When this [RV] happens there will not be a fan fair. There will not be fireworks all over the place. You think the fake media, ABC, NBC, CBS are going to cover it? ...heck no. You know how good that will make President Trump look? The only place you're going to see it is on the CBI website... [NOTE: You can always see the CBI official rate in the left column of this page..]
12-25-2020 Newshound Guru Adam Montana With an official announcement of the move to devalue the currency, many people will be running to sell their "now worthless and doomed" currency. Many larger holders will almost have no choice but to take the loss, selling their dinars back. And Iraq will be sucking up currency from the outside, decreasing the external supply, and therefore decreasing their liabilities, which makes it cheaper for them to RV. This is not rocket science, my friends! This is the kind of announcement they can afford to make, because it works in their benefit. They would never announce a future increase in the exchange rate, because investors would do the opposite - rush to buy dinar, which would cost them money. I could go on for hours. Pages and pages could be written on the reasons this is a solid move for them Pre-RV...Be well, Merry Christmas, and GO RRRVVV!!!
12-25-2020 Newshound Guru Jeff Article: "Unprecedented drop in the Central Bank auctions". This is actually one of the signs we've been looking for is to see the actual amount of money auctioned off or sold through the currency auctions...when they really reduce this figures and numbers that would be one of the signs letting us know that we're actually getting close to the timing of the rate change. Here it is. We wanted to see the overall volume decrease through the currency auctions and that's happened...that's a great sign and exactly what we want to see...
12-25-2020 Newshound/Intel Guru Walkingstick (via frank26) This move [devaluation] that you're seeing - it was expected. You should consider expecting another move in the exchange rate of the Iraqi dinar. Not in a downward direction but in an upward direction...these two weeks we feel that they can get it done. But I want you to respect January...before a country adds value to its currency they normally devalue it...
12-25-2020 Newshound Guru Pimpy Article: "The decision to reduce the dinar: To treat treatment or to stop the collapse" ...The choice was to devalue the dinar. Quote: "The Central Bank of Iraq statement regarding the reduction indicates it must be emphasized here that this change in value of the Iraqi dinar will be a one-time event only and will not be repeated." They have devalued the dinar. It's only going to be done once. And will not be repeated. That's a good thing. It means it can only go up from here.
12-25-2020 Intel Guru Frank26 ...What's going on right now with this change in rate it's having the effect it's supposed to have. A lot of people are now coming into the banks in Iraq with their mattress money...they are doing exactly what the CBI is telling them to do. They are moving faster than ever before. This rate is not a permanent thing. I've said that over and over again and I will continue say it...
12-25-2020 Newshound Guru Adam Montana With an official announcement of the move to devalue the currency, many people will be running to sell their "now worthless and doomed" currency. Many larger holders will almost have no choice but to take the loss, selling their dinars back. And Iraq will be sucking up currency from the outside, decreasing the external supply, and therefore decreasing their liabilities, which makes it cheaper for them to RV. This is not rocket science, my friends! This is the kind of announcement they can afford to make, because it works in their benefit. They would never announce a future increase in the exchange rate, because investors would do the opposite - rush to buy dinar, which would cost them money. I could go on for hours. Pages and pages could be written on the reasons this is a solid move for them Pre-RV...Be well, Merry Christmas, and GO RRRVVV!!!
12-25-2020 Newshound Guru Jeff Article: "Unprecedented drop in the Central Bank auctions". This is actually one of the signs we've been looking for is to see the actual amount of money auctioned off or sold through the currency auctions...when they really reduce this figures and numbers that would be one of the signs letting us know that we're actually getting close to the timing of the rate change. Here it is. We wanted to see the overall volume decrease through the currency auctions and that's happened...that's a great sign and exactly what we want to see...
12-25-2020 Newshound/Intel Guru Walkingstick (via frank26) This move [devaluation] that you're seeing - it was expected. You should consider expecting another move in the exchange rate of the Iraqi dinar. Not in a downward direction but in an upward direction...these two weeks we feel that they can get it done. But I want you to respect January...before a country adds value to its currency they normally devalue it...
12-25-2020 Newshound Guru Pimpy Article: "The decision to reduce the dinar: To treat treatment or to stop the collapse" ...The choice was to devalue the dinar. Quote: "The Central Bank of Iraq statement regarding the reduction indicates it must be emphasized here that this change in value of the Iraqi dinar will be a one-time event only and will not be repeated." They have devalued the dinar. It's only going to be done once. And will not be repeated. That's a good thing. It means it can only go up from here.
12-25-2020 Intel Guru Frank26 ...What's going on right now with this change in rate it's having the effect it's supposed to have. A lot of people are now coming into the banks in Iraq with their mattress money...they are doing exactly what the CBI is telling them to do. They are moving faster than ever before. This rate is not a permanent thing. I've said that over and over again and I will continue say it...
12-24-2020 Intel Guru MarkZ [via PDK] Most of my European and Asian banking sources think we will have money movement on the RV...very early in January. I am hearing this from almost everyone.
12-24-2020 Newshound Guru Jeff ...1460...that's the Central Bank of Iraq's website showing the value of the Iraq dinar against the dollar...Forex shows the value of the dinar against the dollar at 1453...it took Forex 3 days to update and show the real true value of the Iraqi dinar. 3 days. My point is this. When the rate does change...you should only reference the Central Bank of Iraq's website for the rate change. It's the only one that will show it instantly and accurately at the moment it changes... [Note: You can always see the latest official Central Bank of Iraq dinar rate on the left side of this page... ]
12-24-2020 Newshound Guru Adam Montana I've stated multiple times that I expect Iraq to release "bad" news before they RV. Just this last weekend, it was announced that the rate would be changing to 1450... and yes, that is the wrong way. Unless it's not. Someone, please, ask me how much I'm freaking out about this "news"? Ask me how disgruntled I am about the situation. Ask me if I agree that this is the end, Iraq has given up, we wasted our time here. Anyone... anyone? I'm not surprised, not even a little bit, and quite frankly... I'm even more excited about the prospect of a near future RV.
12-24-2020 Newshound Guru Pimpy There's a lot of activity once again in the news regarding the Iraqi dinar. Some very interesting things. Some very curious things...we've got an idea of what they're doing but what is the real play? Article: "Mass demonstrations in front of the Financial Ministry building in Baghdad to condemn the devaluation of the dinar". We knew this was coming.
12-24-2020 Intel Guru Frank26 This devaluation goes against what the IMF said. The IMF said very clearly that the CBI would add value to their currency before the end of this fiscal year. You've got two weeks. How long do you think they're going to keep this rate like that? ...the CBI is very overzealous to make a point to the citizens of Iraq - bring your dog gone dinars in! Your mattress dinars.
12-24-2020 Newshound Guru Jeff CBI's website...1460 dinar equals 1 U.S. dollar...This was planned by design. Here's the two reasons. 1. ...to squeeze more of the 3 zero notes out of the citizens... 2. ...a lot of the dinar actually does go to corruption - into Iran. By them devaluing the dinar it reduces its spread and it puts a huge financial impact on Iran...they had this planned...everything is looking amazing...
12-24-2020 Intel Guru Bruce [via WiserNow] we do know – the Iraqi Dinar rate did change...I know there are Iraqi Americans in this country – that have brand new bank cards – with one computer chip in it...We know that there is a very good rate inherent in those new cards – and the rate is very very close – a little below – but not much – a little below what Dr Shabibbi said that the Iraqi Dinar could support...that statement he made all the way back at the National Chamber of Commerce meeting in Washington DC – and I believe that was in 2012...So 8 years ago the head of the Central Bank of Iraq at the time – made a claim on what the value of the Iraqi dinar rate could sustain – in US dollars – the rate that is on the cards right now is just about there...
12-24-2020 Intel Guru Frank26 1450 is not a fake rate. Forex doesn't care what they put on their site. They're not responsible for you...They're not responsible to educate you on what the true rate is.
12-24-2020 Newshound Guru Jeff ...1460...that's the Central Bank of Iraq's website showing the value of the Iraq dinar against the dollar...Forex shows the value of the dinar against the dollar at 1453...it took Forex 3 days to update and show the real true value of the Iraqi dinar. 3 days. My point is this. When the rate does change...you should only reference the Central Bank of Iraq's website for the rate change. It's the only one that will show it instantly and accurately at the moment it changes... [Note: You can always see the latest official Central Bank of Iraq dinar rate on the left side of this page... ]
12-24-2020 Newshound Guru Adam Montana I've stated multiple times that I expect Iraq to release "bad" news before they RV. Just this last weekend, it was announced that the rate would be changing to 1450... and yes, that is the wrong way. Unless it's not. Someone, please, ask me how much I'm freaking out about this "news"? Ask me how disgruntled I am about the situation. Ask me if I agree that this is the end, Iraq has given up, we wasted our time here. Anyone... anyone? I'm not surprised, not even a little bit, and quite frankly... I'm even more excited about the prospect of a near future RV.
12-24-2020 Newshound Guru Pimpy There's a lot of activity once again in the news regarding the Iraqi dinar. Some very interesting things. Some very curious things...we've got an idea of what they're doing but what is the real play? Article: "Mass demonstrations in front of the Financial Ministry building in Baghdad to condemn the devaluation of the dinar". We knew this was coming.
12-24-2020 Intel Guru Frank26 This devaluation goes against what the IMF said. The IMF said very clearly that the CBI would add value to their currency before the end of this fiscal year. You've got two weeks. How long do you think they're going to keep this rate like that? ...the CBI is very overzealous to make a point to the citizens of Iraq - bring your dog gone dinars in! Your mattress dinars.
12-24-2020 Newshound Guru Jeff CBI's website...1460 dinar equals 1 U.S. dollar...This was planned by design. Here's the two reasons. 1. ...to squeeze more of the 3 zero notes out of the citizens... 2. ...a lot of the dinar actually does go to corruption - into Iran. By them devaluing the dinar it reduces its spread and it puts a huge financial impact on Iran...they had this planned...everything is looking amazing...
12-24-2020 Intel Guru Bruce [via WiserNow] we do know – the Iraqi Dinar rate did change...I know there are Iraqi Americans in this country – that have brand new bank cards – with one computer chip in it...We know that there is a very good rate inherent in those new cards – and the rate is very very close – a little below – but not much – a little below what Dr Shabibbi said that the Iraqi Dinar could support...that statement he made all the way back at the National Chamber of Commerce meeting in Washington DC – and I believe that was in 2012...So 8 years ago the head of the Central Bank of Iraq at the time – made a claim on what the value of the Iraqi dinar rate could sustain – in US dollars – the rate that is on the cards right now is just about there...
12-24-2020 Intel Guru Frank26 1450 is not a fake rate. Forex doesn't care what they put on their site. They're not responsible for you...They're not responsible to educate you on what the true rate is.
12-23-2020 Intel Guru Bruce [via WiserNow] There were a handful of bankers that were doing some illegal things...it ends up that those 5 individuals were extricated from 2 main banks...So we were slowed down by this activity...this process is rolling out so very slowly...now I’m not so sure we’re going to get anything for us...in the way of notifications and the start of our exchanges – before Christmas...the information I have from 2 sources – are saying the information is - we are starting either the 1st or 2nd or the 3rd day after Christmas...we would take it all the way up to/through the 4th of January...it was the President’s goal – to get this out - at least get it started - before Christmas - now it looks doubtful...So everything is still on track – it’s just that the train has slowed down a little bit for us...
12-23-2020 Newshound Guru Jeff Article: "The Iraqi Council of Ministers approves the 2021 Budget" They told you it'll take approximately 45 days for parliament to approve it and they told you it won't be approved until February. Everything's right on track. Their fiscal year starts April 1st that's why the budget won't be done until February sometime. Everything is right on track - moving in the right direction...
12-23-2020 Intel Guru MarkZ [via PDK] [What about the articles...that the Iraqi Dinar is a junk currency and basically useless?] This is the same playbook they used on the revaluation of Kuwait…. Days or weeks before the Kuwait RV it devalued…China in the 90’s before they revalued…they devalued…so I am excited to see those articles about the dinar coming out…we were told to expect them just before the revaluation or reinstatement of the dinar.
12-23-2020 Newshound Guru Pimpy Article: "The exchange rate of the dollar in Iraq go down to 140 thousand per 100 dollars" We're seeing an appreciation of the dinar. What I mean by that is they set the rate at 1 dollar for 1450 dinars. Already it went from 100 dollars for 145,000 to 140,000. That's a 5,000 difference already. That's not major but...it looks like it's starting improve...let's see if this stays consistent. Let's see if the number of dinars continues to go down. That's what we want to see...
12-23-2020 Intel Guru Frank26 ...IMO they are over trying to collect the 3 zero [notes]...they are determined to bing in more zeros. You can't blame them. The more zeros they leave out there the more money they're going to lose...this is a defensive posture of the CBI to discourage the onslaught of investors buying their currency at a program rate. They would much rather sell it to everybody after they have changed the rate... [post 2 of 2]
12-23-2020 Intel Guru Frank26 There are many layers to what's going on. Let's start pealing them back one at a time. First of all this is going to get rid of speculation...this is very powerful this devaluation. It deters. It puts off whales and sharks. The devaluation is a one time movement for a reason. The reason is monetary reform. Did you notice in the last 3 days that this has come out none of the articles are saying this is permanent - This is the exchange rate forever and ever. No...It's a monetary financial rate for another rate that is about to follow... [post 1 of 2....stay tuned]
12-23-2020 Newshound Guru Jeff They claimed they devalued their currency was because the dinar had devalued against the US dollar. Let's look at the truth in this because I'm telling you Iraq's lying to you...they're telling you the dinar against the dollar is 1460 per dollar. Let's look at Forex...It still tells you on Forex - 1190 dinar equal to 1 U.S. dollar...Forex doesn't lie...this is just a further strategy for the [Iraq] government to squeeze the 3 zero notes out of the citizens. That's exactly what this is...
12-23-2020 Intel Guru Footforward [1450 could mean a rate of 1.45 IQD to the dollar] ...This isn't financial or investment advice, and is my opinion. I expect the rate to be higher.
12-23-2020 Newshound Guru Jeff Article: "The Iraqi Council of Ministers approves the 2021 Budget" They told you it'll take approximately 45 days for parliament to approve it and they told you it won't be approved until February. Everything's right on track. Their fiscal year starts April 1st that's why the budget won't be done until February sometime. Everything is right on track - moving in the right direction...
12-23-2020 Intel Guru MarkZ [via PDK] [What about the articles...that the Iraqi Dinar is a junk currency and basically useless?] This is the same playbook they used on the revaluation of Kuwait…. Days or weeks before the Kuwait RV it devalued…China in the 90’s before they revalued…they devalued…so I am excited to see those articles about the dinar coming out…we were told to expect them just before the revaluation or reinstatement of the dinar.
12-23-2020 Newshound Guru Pimpy Article: "The exchange rate of the dollar in Iraq go down to 140 thousand per 100 dollars" We're seeing an appreciation of the dinar. What I mean by that is they set the rate at 1 dollar for 1450 dinars. Already it went from 100 dollars for 145,000 to 140,000. That's a 5,000 difference already. That's not major but...it looks like it's starting improve...let's see if this stays consistent. Let's see if the number of dinars continues to go down. That's what we want to see...
12-23-2020 Intel Guru Frank26 ...IMO they are over trying to collect the 3 zero [notes]...they are determined to bing in more zeros. You can't blame them. The more zeros they leave out there the more money they're going to lose...this is a defensive posture of the CBI to discourage the onslaught of investors buying their currency at a program rate. They would much rather sell it to everybody after they have changed the rate... [post 2 of 2]
12-23-2020 Intel Guru Frank26 There are many layers to what's going on. Let's start pealing them back one at a time. First of all this is going to get rid of speculation...this is very powerful this devaluation. It deters. It puts off whales and sharks. The devaluation is a one time movement for a reason. The reason is monetary reform. Did you notice in the last 3 days that this has come out none of the articles are saying this is permanent - This is the exchange rate forever and ever. No...It's a monetary financial rate for another rate that is about to follow... [post 1 of 2....stay tuned]
12-23-2020 Newshound Guru Jeff They claimed they devalued their currency was because the dinar had devalued against the US dollar. Let's look at the truth in this because I'm telling you Iraq's lying to you...they're telling you the dinar against the dollar is 1460 per dollar. Let's look at Forex...It still tells you on Forex - 1190 dinar equal to 1 U.S. dollar...Forex doesn't lie...this is just a further strategy for the [Iraq] government to squeeze the 3 zero notes out of the citizens. That's exactly what this is...
12-23-2020 Intel Guru Footforward [1450 could mean a rate of 1.45 IQD to the dollar] ...This isn't financial or investment advice, and is my opinion. I expect the rate to be higher.
12-22-2020 Intel Guru Frank26 We have a change in the Iraqi dinar but it was a decrease. You took away purchasing power? ...this is a great misdirection. A great head fake...China and Kuwait did the same thing. This is brilliant. Masterful... the exchange rate is going to change again. It's not going to stay at 1450...
12-22-2020 Intel Guru MarkZ ….We did see a rate change in Iraq….an unpegging similar to what we saw in Kuwait. I am very encouraged by this.
12-22-2020 Newshound/Intel Guru Mnt Goat Next, what was more amazing is at the same time the CBI also announced they are doubling the amount of US dollars for circulation. ...The CBI is using the principle of supply and demand. ...If this works, and it should, the value of dinar will rise against the dollar as the US dollar drops. Remember the dinar is on a de facto peg to the US dollar...In short, the CBI is manipulating the US dollar to get the dinar to rise...The citizens will then want to take the US dollars and exchange them back to dinars since the dinar will be worth more. The CBI is using the speculators of the US dollar to their advantage...This switch back to dinar is going to happen suddenly and without notice much like the devaluation just happened. ...This is when they will issue the lower denominations and the fun begins. It’s all in the timing. Then the fun begins…I feel we will see the rate get better than the 1190 (84 cents) and closer to 1.00. This will happen all of a sudden almost with amazement and shock. [post 2 of 2]
12-22-2020 Newshound/Intel Guru Mnt Goat I see that there is so much concern about the latest news about how the CBI is now setting the old dinar rate of 1190 (about 84 cents) to 1450 (about 69 cents). What is the CBI doing? I know we all expected the program rate to get closer 1.00 from the 84 cents prior to the project to delete the zeros. So, what happened and why is the CBI doing this and doing it now? ...by doing this the CBI is cutting out the spread that is made in the currency auctions and money exchangers. ...by having done this it is hurting the banks and their profit margins and the money laundering going to Iran. Next, it is forcing the banks to invest in other profitable ventures and not get so dependent on the currency auction revenues, which are going to end soon. [post 1 of 2....stay tuned]
12-22-2020 Intel Guru Frank26 ...Back in the 1990's...China takes their newspaper, they take a full page and it was a disclaimer from the Chinese government saying 'We're not going to raise the value of our currency...' Three days later...the IMF announces that the Chinese currency has gone up in value. Kuwait in the late 1990's did the same thing...why did you do what you did? ...Kuwait and China say it's because we're going through a monetary reform with our currency. Iraq is going through the same thing...what they're doing right now is a one time thing. This 1450 is only for a short time. [post 2 of 2]
12-22-2020 Intel Guru Frank26 We have a situation where the CBI is coming out and saying we have a new exchange rate for the Iraqi dinar. Don't we have a bunch of articles that said 'we're working very hard to raise the value of the dinar?' Don't we have the IMF that said 'Iraq is going to lift the value of their currency before the end of this fiscal year?' We told you the value of the Iraq dinar was going to go up based on all the articles. These articles are powerful because they come from the horse's mouth not our opinion. So what happened? [post 1 of 2...stay tuned]
12-22-2020 Newshound Guru MilitiaMan Article quote: "...the bank is preparing to launch a package of measures that will achieve a shifting balance in the exchange rate for the year 2021..." They are preparing a package of measures that will balance the 2021 Exchange rate. Well, it will not be a future devalued rate of 1460 be sure, imo!! That is to be challenged, rejected or amended. imo...
12-22-2020 Newshound Guru Kaperoni ...The CBI is trying to maintain stability that is a given but it pertains to the market rate and there are several reasons why stability is important... As for the official CBI rate that rate could go up if the conditions are appropriate. Over the last several years they haven't passed the laws or created any suitable investment environment etc. so it hasn't. But believe me once all of that stuff is in place and millions or billions of dollars are pouring in for investment in a private sector/market economy the official rate will change via a float...
12-22-2020 Intel Guru MarkZ ….We did see a rate change in Iraq….an unpegging similar to what we saw in Kuwait. I am very encouraged by this.
12-22-2020 Newshound/Intel Guru Mnt Goat Next, what was more amazing is at the same time the CBI also announced they are doubling the amount of US dollars for circulation. ...The CBI is using the principle of supply and demand. ...If this works, and it should, the value of dinar will rise against the dollar as the US dollar drops. Remember the dinar is on a de facto peg to the US dollar...In short, the CBI is manipulating the US dollar to get the dinar to rise...The citizens will then want to take the US dollars and exchange them back to dinars since the dinar will be worth more. The CBI is using the speculators of the US dollar to their advantage...This switch back to dinar is going to happen suddenly and without notice much like the devaluation just happened. ...This is when they will issue the lower denominations and the fun begins. It’s all in the timing. Then the fun begins…I feel we will see the rate get better than the 1190 (84 cents) and closer to 1.00. This will happen all of a sudden almost with amazement and shock. [post 2 of 2]
12-22-2020 Newshound/Intel Guru Mnt Goat I see that there is so much concern about the latest news about how the CBI is now setting the old dinar rate of 1190 (about 84 cents) to 1450 (about 69 cents). What is the CBI doing? I know we all expected the program rate to get closer 1.00 from the 84 cents prior to the project to delete the zeros. So, what happened and why is the CBI doing this and doing it now? ...by doing this the CBI is cutting out the spread that is made in the currency auctions and money exchangers. ...by having done this it is hurting the banks and their profit margins and the money laundering going to Iran. Next, it is forcing the banks to invest in other profitable ventures and not get so dependent on the currency auction revenues, which are going to end soon. [post 1 of 2....stay tuned]
12-22-2020 Intel Guru Frank26 ...Back in the 1990's...China takes their newspaper, they take a full page and it was a disclaimer from the Chinese government saying 'We're not going to raise the value of our currency...' Three days later...the IMF announces that the Chinese currency has gone up in value. Kuwait in the late 1990's did the same thing...why did you do what you did? ...Kuwait and China say it's because we're going through a monetary reform with our currency. Iraq is going through the same thing...what they're doing right now is a one time thing. This 1450 is only for a short time. [post 2 of 2]
12-22-2020 Intel Guru Frank26 We have a situation where the CBI is coming out and saying we have a new exchange rate for the Iraqi dinar. Don't we have a bunch of articles that said 'we're working very hard to raise the value of the dinar?' Don't we have the IMF that said 'Iraq is going to lift the value of their currency before the end of this fiscal year?' We told you the value of the Iraq dinar was going to go up based on all the articles. These articles are powerful because they come from the horse's mouth not our opinion. So what happened? [post 1 of 2...stay tuned]
12-22-2020 Newshound Guru MilitiaMan Article quote: "...the bank is preparing to launch a package of measures that will achieve a shifting balance in the exchange rate for the year 2021..." They are preparing a package of measures that will balance the 2021 Exchange rate. Well, it will not be a future devalued rate of 1460 be sure, imo!! That is to be challenged, rejected or amended. imo...
12-22-2020 Newshound Guru Kaperoni ...The CBI is trying to maintain stability that is a given but it pertains to the market rate and there are several reasons why stability is important... As for the official CBI rate that rate could go up if the conditions are appropriate. Over the last several years they haven't passed the laws or created any suitable investment environment etc. so it hasn't. But believe me once all of that stuff is in place and millions or billions of dollars are pouring in for investment in a private sector/market economy the official rate will change via a float...
12-21-2020 *** Dinar Guru Newsflash *** The Central Bank of Iraq has made a rate change Sunday. The new official dinar exchange rate is 1460. They increased the rate 270 points. This is a devaluation and not what we want to see. Long term, is this good news or bad news? Stay tuned as the gurus chime in on what this unexpected move means to the future outlook of Iraq and the dinar... [Note: You can always see the CBI official rates listed in the left column of this page.] The latest guru posts will continue below...
12-21-2020 Newshound Guru MilitiaMan Article: "Lowering the price of the currency .. What are its implications for the national economy?" The adjustment to 1460 is a devaluation. They are not going into a market economy with that. They didn't at 1190, so with the further negative adjustment they won't either imo...the US FED RESERVE says they can...devalue and revalue. A revaluation to a supported market based exchange rate can change things quickly and on many fronts...
12-21-2020 Intel Guru MarkZ [via PDK] The big news this weekend was the complete unpegging from Iraq …we saw the dropping in value…which was expected and one of the signs I was told to watch for 15 years ago…I was told to watch it devalue before it starts moving up…. I am personally very excited to see that change in value. We have a great week to watch. It only took a week or so when they unpegged the Kuwaiti dinar before we saw a change in value…I think this week will be a big one for us as we watch this play out. We will at least have a good idea what our timing is this week.
12-21-2020 Newshound/Intel Guru tman23 Seen the IQD devaluation on ABC news, and to take place after first of the year. Quite frankly, not a surprise or shock due to the fact Shabibi said the change to currency and lifting the 3 zeroes MUST COME AT THE START OF THE NEW YEAR and not in a quarter or middle of the year. The New Year is because banks start their books for the fiscal year and this is the only time this change can occur. A few years ago the budget calculated that a rate might be around 67 cents, today, today’s conditions might take them to 58 cents or thereabouts...Anyhow it’s all speculation but what isn’t is a change after the New Year...A positive part is now to remain anonymous, you can walk into your Bank wearing a mask and not be questioned or look suspicious LMAO...
12-21-2020 Intel Guru MarkZ [via PDK] How about that 1450? I know a lot of folks are concerned when they saw the dinar rate lowered…This is exactly what we have been waiting to see…it’s one of the signs that things are moving. We saw this in Kuwait…We saw this in China. We have seen this almost every time just before a revaluation or reinstatement…this is good news.
12-21-2020 Newshound Guru Jeff Iraq just basically came out saying that the value of the dinar against the dollar has devalued...devaluing the currency, which is reducing purchasing power - it's a last-ditch effort to squeeze the three zero notes out of the citizens. That's all this is...a last-ditch effort to reduce the amount of dinar in the county of Iraq...it's nothing more than a distraction to mislead us, confuse us and to get us to get rid of our dinar...
12-21-2020 Newshound Guru Kaperoni As we watch events unfold the past week in Iraq, it appears that Iraq has decided to finally float the dinar. Today's initial devaluation appears to be the first step in this process. Many asked me if they floated what would the rate be? I said...right where it is right now! This devaluation hopefully will be the beginning of good things to come. With the initial devaluation to 1460, it should clear the way for Iraq to launch the private sector. And in doing so, begin to create a market economy. The result hopefully will raise the value. Only time will tell. The next several months should tell a story as to whether or not Iraq's economy is going to rebound and take off. Today was the first step...
12-21-2020 Newshound Guru Pimpy Article "Parliament will extend its legislative territory with the arrival of the budget next week" Quote: "a draft of the physical budget version of 2021 which included a fixing the exchange rate of the dollar against the dinar to 1450." ...you could buy 1190 dinar for 1 dollar. What that means is now you could buy 1450 dinar for $1. That's not good. It's going in the wrong direction. We need this number to shrink...
12-21-2020 Intel Guru MarkZ [via PDK] The big news this weekend was the complete unpegging from Iraq …we saw the dropping in value…which was expected and one of the signs I was told to watch for 15 years ago…I was told to watch it devalue before it starts moving up…. I am personally very excited to see that change in value. We have a great week to watch. It only took a week or so when they unpegged the Kuwaiti dinar before we saw a change in value…I think this week will be a big one for us as we watch this play out. We will at least have a good idea what our timing is this week.
12-21-2020 Newshound/Intel Guru tman23 Seen the IQD devaluation on ABC news, and to take place after first of the year. Quite frankly, not a surprise or shock due to the fact Shabibi said the change to currency and lifting the 3 zeroes MUST COME AT THE START OF THE NEW YEAR and not in a quarter or middle of the year. The New Year is because banks start their books for the fiscal year and this is the only time this change can occur. A few years ago the budget calculated that a rate might be around 67 cents, today, today’s conditions might take them to 58 cents or thereabouts...Anyhow it’s all speculation but what isn’t is a change after the New Year...A positive part is now to remain anonymous, you can walk into your Bank wearing a mask and not be questioned or look suspicious LMAO...
12-21-2020 Intel Guru MarkZ [via PDK] How about that 1450? I know a lot of folks are concerned when they saw the dinar rate lowered…This is exactly what we have been waiting to see…it’s one of the signs that things are moving. We saw this in Kuwait…We saw this in China. We have seen this almost every time just before a revaluation or reinstatement…this is good news.
12-21-2020 Newshound Guru Jeff Iraq just basically came out saying that the value of the dinar against the dollar has devalued...devaluing the currency, which is reducing purchasing power - it's a last-ditch effort to squeeze the three zero notes out of the citizens. That's all this is...a last-ditch effort to reduce the amount of dinar in the county of Iraq...it's nothing more than a distraction to mislead us, confuse us and to get us to get rid of our dinar...
12-21-2020 Newshound Guru Kaperoni As we watch events unfold the past week in Iraq, it appears that Iraq has decided to finally float the dinar. Today's initial devaluation appears to be the first step in this process. Many asked me if they floated what would the rate be? I said...right where it is right now! This devaluation hopefully will be the beginning of good things to come. With the initial devaluation to 1460, it should clear the way for Iraq to launch the private sector. And in doing so, begin to create a market economy. The result hopefully will raise the value. Only time will tell. The next several months should tell a story as to whether or not Iraq's economy is going to rebound and take off. Today was the first step...
12-21-2020 Newshound Guru Pimpy Article "Parliament will extend its legislative territory with the arrival of the budget next week" Quote: "a draft of the physical budget version of 2021 which included a fixing the exchange rate of the dollar against the dinar to 1450." ...you could buy 1190 dinar for 1 dollar. What that means is now you could buy 1450 dinar for $1. That's not good. It's going in the wrong direction. We need this number to shrink...
12-20-2020 Newshound/Intel Guru RVAlready [The article of them lowering the value is of no consequence in the expectation of them RI their currency...we are in the midst of motion to that goal now.] ...I expect this will just pop out of nowhere. I don’t think they want anyone to figure this out.
12-20-2020 Intel Guru RayRen98 ANOTHER RATE CHANGE IS ANTICIPATED FOR IRAQ...TIME WILL TELL...SOME BANK STAFF ARE TO REPORT "BEFORE" 6 AM. THEY SAY THEY EXPECT THIS TO BE IT! TIME WILL TELL...
12-20-2020 Intel Guru Footforward [is the dong raising in value soon] Vietnam was still fighting Trump on a rate last I heard. That's part of why they are being called out now.
12-20-2020 Newshound Guru Pimpy Why you should not panic...we know what's going on. They are announcing the rate change has increased. There are lots of articles about it. Washington Post Article: "Iraq's central bank devalues dinar by 22% amid public anger" ...Here's what's going on. They're devaluing their dollars...I don't feel discouraged one way or the other about this...I don't anticipate this rate change being long term. Iraq is going to be the gateway into the Middle East. There's no doubt about it. Once they start rebuilding it's really going to take off...the stronger the economy becomes the stronger their currency becomes... This might be their way of shaking speculators off of the dinar. They're trying to get you to stop buying dinar...
12-20-2020 Newshound Guru Kaperoni ...the Central Bank of Iraq will officially devalue the dinar this Sunday to 1450 to $1...I do think they will end up floating and then anything is possible.
12-20-2020 Newshound Guru Jeff Iraq did indeed changed their exchange rate today [Devalued to 1460]...it's really not a big deal...Why did Iraq do this? Iraq's inflation was sliding a little bit. It was rising...up to about .8%. That's the reason they devalued it. They still have very low inflation. They're still below 1%. So they just had to devalue the currency a little bit...this is nothing major...this move has nothing to do with economic reforms. This is just a band-aid...this is not a "rate change"...this is nothing more than a hiccup...
12-20-2020 Newshound Guru Pimpy Yep. I know. I see it. There is a lot of talk about what's going on over there in Iraq...about the Iraqi dinar exchange rate and what we're seeing in the news...there is a lot of speculation as always...keep in mind no matter what anybody says it's all speculation...it is all over the news about the rate...
12-20-2020 Newshound Guru MilitiaMan Article: "Before launching the new dollar rate, find out how much you will lose from your salary and how much it will become actual?" Again they have not come all this way to devalue, imo... It makes no sense to anyone. Especially the international markets.. It is laughable... imo They are telling us why they wont devalue, imo... It harms the citizens...The monetary illusion is that they are going to 1450 when they reduce the three zeros, the illusion goes away and purchase power is still be powerful imo. Why would the FM [Minister of Finance] be bragging about a devaluation? Makes one shake their head...Big time. So when reducing the zeros, gets the real income and purchase power!! imo...
12-20-2020 Intel Guru RayRen98 ANOTHER RATE CHANGE IS ANTICIPATED FOR IRAQ...TIME WILL TELL...SOME BANK STAFF ARE TO REPORT "BEFORE" 6 AM. THEY SAY THEY EXPECT THIS TO BE IT! TIME WILL TELL...
12-20-2020 Intel Guru Footforward [is the dong raising in value soon] Vietnam was still fighting Trump on a rate last I heard. That's part of why they are being called out now.
12-20-2020 Newshound Guru Pimpy Why you should not panic...we know what's going on. They are announcing the rate change has increased. There are lots of articles about it. Washington Post Article: "Iraq's central bank devalues dinar by 22% amid public anger" ...Here's what's going on. They're devaluing their dollars...I don't feel discouraged one way or the other about this...I don't anticipate this rate change being long term. Iraq is going to be the gateway into the Middle East. There's no doubt about it. Once they start rebuilding it's really going to take off...the stronger the economy becomes the stronger their currency becomes... This might be their way of shaking speculators off of the dinar. They're trying to get you to stop buying dinar...
12-20-2020 Newshound Guru Kaperoni ...the Central Bank of Iraq will officially devalue the dinar this Sunday to 1450 to $1...I do think they will end up floating and then anything is possible.
12-20-2020 Newshound Guru Jeff Iraq did indeed changed their exchange rate today [Devalued to 1460]...it's really not a big deal...Why did Iraq do this? Iraq's inflation was sliding a little bit. It was rising...up to about .8%. That's the reason they devalued it. They still have very low inflation. They're still below 1%. So they just had to devalue the currency a little bit...this is nothing major...this move has nothing to do with economic reforms. This is just a band-aid...this is not a "rate change"...this is nothing more than a hiccup...
12-20-2020 Newshound Guru Pimpy Yep. I know. I see it. There is a lot of talk about what's going on over there in Iraq...about the Iraqi dinar exchange rate and what we're seeing in the news...there is a lot of speculation as always...keep in mind no matter what anybody says it's all speculation...it is all over the news about the rate...
12-20-2020 Newshound Guru MilitiaMan Article: "Before launching the new dollar rate, find out how much you will lose from your salary and how much it will become actual?" Again they have not come all this way to devalue, imo... It makes no sense to anyone. Especially the international markets.. It is laughable... imo They are telling us why they wont devalue, imo... It harms the citizens...The monetary illusion is that they are going to 1450 when they reduce the three zeros, the illusion goes away and purchase power is still be powerful imo. Why would the FM [Minister of Finance] be bragging about a devaluation? Makes one shake their head...Big time. So when reducing the zeros, gets the real income and purchase power!! imo...
12-19-2020 Newshound/Intel Guru Mnt Goat Article: "WEIGHTS THAT THE 2021 BUDGET WILL NOT BE APPROVED UNTIL NEXT FEBRUARY" appears they do not want the public to know the rinstatement rate until after the event happens. They are holding it up until after the early part of January.
12-19-2020 Newshound Guru Pimpy Don't trip yet. We see it now...the rate change is going to happen in 2021. What it is we don't know. But they're eluding to it's not going to go in a good direction. That they are going to devalue the currency is what it looks like. But they've done this before. They came out going in the opposite direction. We'll see...
12-19-2020 Newshound/Intel Guru Mnt Goat Article: "BAGHDAD THE INTERNATIONAL MONETARY FUND IS NEGOTIATING TO DETERMINE THE EXCHANGE RATE" ...this past week I have readers commenting to me that the exchange rate of the Iraqi dinar has been devalued. They are all upset. Really?...That’s news to the CBI and me. No, it has not been devalued...They are NOT going to devalue the dinar nor have they already...These other articles are just opinion and not policy.
12-19-2020 Guest Guru Redd Starr ...What we have witnessed over the last month or two is nothing short of spectacular. I've spent a few years in Iraq/Kuwait to understand that this time, we are very close. I've been involved since 2005 and I can honestly tell you, that if things continue the way they are going, we will see a dramatic change by the second week of 2021. Don't be fooled by the initial rate...Do NOT give your Dinars up to anyone but a bank. We are very close...!
12-19-2020 Newshound/Intel Guru RVAlready [Are we till looking forward to Christmas for this to RV] Looks like still before Christmas. The sooner, the better, I think.
12-19-2020 Newshound/Intel Guru David M. Witty Iraqi Finance Ministry: the economic crisis is caused by a lack of oil imports & years of mismanagement of our economic system. We will raise the exchange rate but only once & ensure it remains fixed. We have to continue reform.
12-19-2020 Newshound Guru Pimpy Article: "Representative economy meets with the governor of the Central Bank" It looks like they are officially going to change the rate in the wrong direction for us. They are going to devalue it. I don't want you to get discouraged over bad news. We don't care about what they say. We care about what they do. So let's see what happens. Even if they do come out with this...I would not be fooled at all...we don't know what the rate change is going to be. This has happened before. They say one thing and then suddenly something else happens...But even if they come out and they did raise the rate I would not be discouraged. Just hang tight. Once they start to rebound then you're going to see the rate change go in our direction - The better direction in increments at a time.
12-19-2020 Newshound/Intel Guru Mnt Goat ...This speculation is essentially creating its own kind of FREE float using the program rate and not even on FOREX. This is dangerous and just the issues that economists and financial analysts warned us of. This is why the CBI cannot and will not put the dinar on a free float while on the program rate. ...The bottom line is this – the CBI needs to pull the trigger and complete the project to delete the zeros, then move to reinstate the dinar back on the global markets...The plan is being carried out and they fully intend to move ahead with the dinar and its currency reform...It must be done and they know it...the CBI is trying to do it and they plan to do it. This is the good news... [post 2 of 2]
12-19-2020 Newshound/Intel Guru Mnt Goat The exchange rates of the dollar against the Iraqi dinar in the markets of Baghdad and Kurdistan rose again after witnessing fluctuations during the past days. ...The Deputy Speaker of the Iraqi Parliament, Bashir Al-Haddad, denied, on Wednesday, what was circulated regarding the entry of the Iraqi government into negotiations with the International Monetary Fund to reduce the price of the Iraqi dinar against the US dollar or the secret printing of trillions of dinars by the CBI...The CBI and the Finance Committee asserted that these rumors are just untrue...I am still hearing that the CBI plans to delete the zeros but these rumors and lies is slowing down the process... [post 1 of 2....stay tuned]
12-19-2020 Newshound Guru Pimpy "The Financial Committee announces the details of its meeting with the governor of the Central Bank regarding the price of the dollar" Don't be fooled by this...What I think they are trying to do is discourage people from buying them or to get people to turn them in. I could be wrong. I'm just saying this did happen with Kuwait. They told everybody no rate change was going to happen for a while and in fact they were going to go ahead and increase it but they didn't. Two days later they came out Boomshakalaka!
12-19-2020 Newshound Guru Pimpy Don't trip yet. We see it now...the rate change is going to happen in 2021. What it is we don't know. But they're eluding to it's not going to go in a good direction. That they are going to devalue the currency is what it looks like. But they've done this before. They came out going in the opposite direction. We'll see...
12-19-2020 Newshound/Intel Guru Mnt Goat Article: "BAGHDAD THE INTERNATIONAL MONETARY FUND IS NEGOTIATING TO DETERMINE THE EXCHANGE RATE" ...this past week I have readers commenting to me that the exchange rate of the Iraqi dinar has been devalued. They are all upset. Really?...That’s news to the CBI and me. No, it has not been devalued...They are NOT going to devalue the dinar nor have they already...These other articles are just opinion and not policy.
12-19-2020 Guest Guru Redd Starr ...What we have witnessed over the last month or two is nothing short of spectacular. I've spent a few years in Iraq/Kuwait to understand that this time, we are very close. I've been involved since 2005 and I can honestly tell you, that if things continue the way they are going, we will see a dramatic change by the second week of 2021. Don't be fooled by the initial rate...Do NOT give your Dinars up to anyone but a bank. We are very close...!
12-19-2020 Newshound/Intel Guru RVAlready [Are we till looking forward to Christmas for this to RV] Looks like still before Christmas. The sooner, the better, I think.
12-19-2020 Newshound/Intel Guru David M. Witty Iraqi Finance Ministry: the economic crisis is caused by a lack of oil imports & years of mismanagement of our economic system. We will raise the exchange rate but only once & ensure it remains fixed. We have to continue reform.
12-19-2020 Newshound Guru Pimpy Article: "Representative economy meets with the governor of the Central Bank" It looks like they are officially going to change the rate in the wrong direction for us. They are going to devalue it. I don't want you to get discouraged over bad news. We don't care about what they say. We care about what they do. So let's see what happens. Even if they do come out with this...I would not be fooled at all...we don't know what the rate change is going to be. This has happened before. They say one thing and then suddenly something else happens...But even if they come out and they did raise the rate I would not be discouraged. Just hang tight. Once they start to rebound then you're going to see the rate change go in our direction - The better direction in increments at a time.
12-19-2020 Newshound/Intel Guru Mnt Goat ...This speculation is essentially creating its own kind of FREE float using the program rate and not even on FOREX. This is dangerous and just the issues that economists and financial analysts warned us of. This is why the CBI cannot and will not put the dinar on a free float while on the program rate. ...The bottom line is this – the CBI needs to pull the trigger and complete the project to delete the zeros, then move to reinstate the dinar back on the global markets...The plan is being carried out and they fully intend to move ahead with the dinar and its currency reform...It must be done and they know it...the CBI is trying to do it and they plan to do it. This is the good news... [post 2 of 2]
12-19-2020 Newshound/Intel Guru Mnt Goat The exchange rates of the dollar against the Iraqi dinar in the markets of Baghdad and Kurdistan rose again after witnessing fluctuations during the past days. ...The Deputy Speaker of the Iraqi Parliament, Bashir Al-Haddad, denied, on Wednesday, what was circulated regarding the entry of the Iraqi government into negotiations with the International Monetary Fund to reduce the price of the Iraqi dinar against the US dollar or the secret printing of trillions of dinars by the CBI...The CBI and the Finance Committee asserted that these rumors are just untrue...I am still hearing that the CBI plans to delete the zeros but these rumors and lies is slowing down the process... [post 1 of 2....stay tuned]
12-19-2020 Newshound Guru Pimpy "The Financial Committee announces the details of its meeting with the governor of the Central Bank regarding the price of the dollar" Don't be fooled by this...What I think they are trying to do is discourage people from buying them or to get people to turn them in. I could be wrong. I'm just saying this did happen with Kuwait. They told everybody no rate change was going to happen for a while and in fact they were going to go ahead and increase it but they didn't. Two days later they came out Boomshakalaka!
12-18-2020 Intel Guru Footforward [Is it possible they are adjusting the rate prior to dropping .000 off the exchange to get the desired rate post revalue?] if you believe they will just drop the zeros you could make a case for that. I've said very strongly in my opinion they can't just do that. They have to RV higher then one to one.
12-18-2020 Intel Guru Bruce [via WiserNow] We know that there’s a synchronization of events taking place – we know that we have a major move happening either tomorrow [Friday] or over the weekend...but what is coming through now is that President Trump does want us to get started with our...exchanges – in fact...prior to Christmas...The most recent timeframe that I received today – again a very high east coast banking source – was we should look for notifications – this particular source was saying Saturday – Sunday – Monday – possibly Tuesday - but thinking probably start by Monday...
12-18-2020 Newshound Guru Pimpy Article: "The Central Bank is preparing for measures to achieve a balance between the dinar and the dollar" We've been hearing a lot of talk about the rate change...I kind of think what they are going to go ahead and do is raise the exchange rate. But I don't think it's going to be for long at all. We don't care about what they say, we care about what they do. They might say they're going to raise it and then all of a sudden BOOM they lower [Lower it is what we want to see] it's then we're celebrating big time.
12-18-2020 Intel Guru MarkZ [via PDK] ...contacts in Iraq are hopeful they will see the new rate on or by the 21st…We are expecting a lot of news today…so there is a good chance you will hear from me over this weekend. It looks like we are going to see an action packed weekend of news. [Mark do you still believe we're going to have this RV Before Christmas honestly?] IMO if they don’t release it over the weekend…I honestly do not think so until early in January…its down to crunch time and not looking Bueno…
12-18-2020 Newshound Guru Jeff Article: "The Central Bank sets a new price for the dollar starting from Sunday" A bunch of articles have come out where they're talking about physically changing the rate this Sunday. Actually, 'raising the rate' which means devaluing the currency...They are telling you in the news they plan or intend to change the rate Sunday...Are these articles real/truthful? Or are they BS?
12-18-2020 Newshound Guru Pimpy Article: "The Central Bank is preparing for measures to achieve a balance between the dinar and the dollar" Even if they do increase the rate what that means is if they increase it - for every dollar right now I get 1190 dinar. If they increase it I get like 1200 dinars. That's an increase. That's bad. That's devaluing the money. That's bad for us. I don't want you to get discouraged. The fact that they're doing anything with the rate change is good. Even if they increase it. It just means now we'll start seeing some movement on the dinar. It might be going in the wrong direction but I would not be fooled by that. Just hang tight to your dinars...
12-18-2020 Newshound Guru Adam Montana The globalist talk about a "reset" has a ton of losers, and it won't happen. Iraq resetting their value is just one country, with a lot of winners, and not many losers. It's a tiny event that won't rock the entire world, even though our world will be rocked. We are little people. Iraq is a little country, in the grand scheme. While I think a "global reset" would possibly be amazing, and do amazing things, it's also amazingly improbable. The Iraq RV is another story. It's likely, and it's likely soon. [post 2 of 2]
12-18-2020 Newshound Guru Adam Montana [...There's continued talk by powerful globalist groups about a possible "Global Reset"...I'm thinking...a Global RESET COULD mean that all things come out the other end more or less EQUAL - so what could that mean for currencies? Equal would be great, with regards USD/AUD and IQD values, right?] Things will never come out "equal" - That's why an RV is actually possible. Iraq lost a ton of equity/cash/value when they devalued thanks to Saddam. When they ReValue, they are just getting back to their "normal". [post 1 of 2....stay tuned]
12-18-2020 Intel Guru MarkZ [via PDK] [When do you think the RV will go down?] I think anytime from the 21st to mid January based on what is going on right now...based on where people are at in place…the money supply…and whats going on...
12-18-2020 Intel Guru Bruce [via WiserNow] We know that there’s a synchronization of events taking place – we know that we have a major move happening either tomorrow [Friday] or over the weekend...but what is coming through now is that President Trump does want us to get started with our...exchanges – in fact...prior to Christmas...The most recent timeframe that I received today – again a very high east coast banking source – was we should look for notifications – this particular source was saying Saturday – Sunday – Monday – possibly Tuesday - but thinking probably start by Monday...
12-18-2020 Newshound Guru Pimpy Article: "The Central Bank is preparing for measures to achieve a balance between the dinar and the dollar" We've been hearing a lot of talk about the rate change...I kind of think what they are going to go ahead and do is raise the exchange rate. But I don't think it's going to be for long at all. We don't care about what they say, we care about what they do. They might say they're going to raise it and then all of a sudden BOOM they lower [Lower it is what we want to see] it's then we're celebrating big time.
12-18-2020 Intel Guru MarkZ [via PDK] ...contacts in Iraq are hopeful they will see the new rate on or by the 21st…We are expecting a lot of news today…so there is a good chance you will hear from me over this weekend. It looks like we are going to see an action packed weekend of news. [Mark do you still believe we're going to have this RV Before Christmas honestly?] IMO if they don’t release it over the weekend…I honestly do not think so until early in January…its down to crunch time and not looking Bueno…
12-18-2020 Newshound Guru Jeff Article: "The Central Bank sets a new price for the dollar starting from Sunday" A bunch of articles have come out where they're talking about physically changing the rate this Sunday. Actually, 'raising the rate' which means devaluing the currency...They are telling you in the news they plan or intend to change the rate Sunday...Are these articles real/truthful? Or are they BS?
12-18-2020 Newshound Guru Pimpy Article: "The Central Bank is preparing for measures to achieve a balance between the dinar and the dollar" Even if they do increase the rate what that means is if they increase it - for every dollar right now I get 1190 dinar. If they increase it I get like 1200 dinars. That's an increase. That's bad. That's devaluing the money. That's bad for us. I don't want you to get discouraged. The fact that they're doing anything with the rate change is good. Even if they increase it. It just means now we'll start seeing some movement on the dinar. It might be going in the wrong direction but I would not be fooled by that. Just hang tight to your dinars...
12-18-2020 Newshound Guru Adam Montana The globalist talk about a "reset" has a ton of losers, and it won't happen. Iraq resetting their value is just one country, with a lot of winners, and not many losers. It's a tiny event that won't rock the entire world, even though our world will be rocked. We are little people. Iraq is a little country, in the grand scheme. While I think a "global reset" would possibly be amazing, and do amazing things, it's also amazingly improbable. The Iraq RV is another story. It's likely, and it's likely soon. [post 2 of 2]
12-18-2020 Newshound Guru Adam Montana [...There's continued talk by powerful globalist groups about a possible "Global Reset"...I'm thinking...a Global RESET COULD mean that all things come out the other end more or less EQUAL - so what could that mean for currencies? Equal would be great, with regards USD/AUD and IQD values, right?] Things will never come out "equal" - That's why an RV is actually possible. Iraq lost a ton of equity/cash/value when they devalued thanks to Saddam. When they ReValue, they are just getting back to their "normal". [post 1 of 2....stay tuned]
12-18-2020 Intel Guru MarkZ [via PDK] [When do you think the RV will go down?] I think anytime from the 21st to mid January based on what is going on right now...based on where people are at in place…the money supply…and whats going on...
12-17-2020 Intel Guru Footforward [Has anyone else heard that the dinar has devalued even more. That they are planning on declaring bankruptcy?...] Hearing all the rumors and I think this is excellent news! Rumblings about this are designed to get people to sell...I've felt this would happen at the end...
12-17-2020 Newshound Guru Jeff Iraq will not change [the rate] until Iraq announces to you...that Kurdistan and Baghdad have reached an agreement and they have to tell you they've completed the '21 budget and then it's approved. They have to tell you those items...
12-17-2020 Newshound/Intel Guru RVAlready I am still looking at exchange starting before Christmas.
12-17-2020 Newshound Guru Pimpy We need this budget (Iraq's 2021) to get past so we can have an idea of what's going on with the rate change. We'll keep an eye on it. We know what's in there. We just need Erbil and Baghdad to get their you know what together...
12-17-2020 Newshound Guru Adam Montana [...yesterday when i read that they are thinking of devaluing the dinar my heart missed several beats. all i have is hope so, hoping that that is a huge smoke screen...] That's exactly what we want them to say - they aren't going to say "well (WORLD) we are going to raise the value..." They want to rake in as much outside paper as possible, and then RV. I hope the news gets even worse, "soon"...I'm saying what I am saying because it's the truth. BRING ON THE "BAD NEWS"!
12-17-2020 Intel Guru MarkZ [via PDK] [new dinar rate is 145000 to 100 usd] I am very excited about them changing the value…as they unpeg…this is part of the mechanism to allow us to change. [the value is going the wrong way] The Kuwaiti dinar did the same thing. It went backwards right before they spiked it…
12-17-2020 Intel Guru Footforward [Quick question. I saw this video from a "Dinar Investor" who insists that Iraq's Fiscal Year doesn't start until April 1st, and therefore we will probably have to wait until that time frame before we see anything. Is he right about an April 1st start to their Fiscal Year. He said he has "Proof" that is true. What do you know about this?] The fiscal year doesn't matter one iota in my opinion.
12-17-2020 Newshound Guru Jeff ...the rate is not going to change by the end of December. Here's the hard facts...The rate can only change at the beginning of Iraq's new budget fiscal period...Iraq is walking in Kuwaits footsteps. Kuwait changed the rate March 24th 1991. Iraq is going to most likely follow a similar pattern. Kuwait did it on March 24th of '91 simply because they were waiting on their new fiscal year budget period starting April 1st. I know for a fact that is also Iraq's fiscal year. I have confirmed it from a contact that works directly for the government of Iraq...
12-17-2020 Intel Guru Bruce [via WiserNow] ...we’re still in the zone that we thought we would be in like last Thursday and even though we’re still waiting...we’re in the zone and we are in the “realm” of this happening very very soon...I am excited that they wanted - President Trump wanted this to be done prior to Christmas...then we’re all going to have – maybe the best – the most different Christmas we’ve ever had...we are highly expecting something to go down...
12-17-2020 Intel Guru Frank26 ...in my strong opinion the tellers are now going to be introduced to new counting machines...they have the software for the new small category notes that are going to be introduced to the citizens. The tellers this week will be learning the new protocol of the currency and of the new banking system...with their right hand they will hold the new small category notes in order to practice how to use the machine in their left hand. One needs the other...
12-17-2020 Newshound Guru Jeff Iraq will not change [the rate] until Iraq announces to you...that Kurdistan and Baghdad have reached an agreement and they have to tell you they've completed the '21 budget and then it's approved. They have to tell you those items...
12-17-2020 Newshound/Intel Guru RVAlready I am still looking at exchange starting before Christmas.
12-17-2020 Newshound Guru Pimpy We need this budget (Iraq's 2021) to get past so we can have an idea of what's going on with the rate change. We'll keep an eye on it. We know what's in there. We just need Erbil and Baghdad to get their you know what together...
12-17-2020 Newshound Guru Adam Montana [...yesterday when i read that they are thinking of devaluing the dinar my heart missed several beats. all i have is hope so, hoping that that is a huge smoke screen...] That's exactly what we want them to say - they aren't going to say "well (WORLD) we are going to raise the value..." They want to rake in as much outside paper as possible, and then RV. I hope the news gets even worse, "soon"...I'm saying what I am saying because it's the truth. BRING ON THE "BAD NEWS"!
12-17-2020 Intel Guru MarkZ [via PDK] [new dinar rate is 145000 to 100 usd] I am very excited about them changing the value…as they unpeg…this is part of the mechanism to allow us to change. [the value is going the wrong way] The Kuwaiti dinar did the same thing. It went backwards right before they spiked it…
12-17-2020 Intel Guru Footforward [Quick question. I saw this video from a "Dinar Investor" who insists that Iraq's Fiscal Year doesn't start until April 1st, and therefore we will probably have to wait until that time frame before we see anything. Is he right about an April 1st start to their Fiscal Year. He said he has "Proof" that is true. What do you know about this?] The fiscal year doesn't matter one iota in my opinion.
12-17-2020 Newshound Guru Jeff ...the rate is not going to change by the end of December. Here's the hard facts...The rate can only change at the beginning of Iraq's new budget fiscal period...Iraq is walking in Kuwaits footsteps. Kuwait changed the rate March 24th 1991. Iraq is going to most likely follow a similar pattern. Kuwait did it on March 24th of '91 simply because they were waiting on their new fiscal year budget period starting April 1st. I know for a fact that is also Iraq's fiscal year. I have confirmed it from a contact that works directly for the government of Iraq...
12-17-2020 Intel Guru Bruce [via WiserNow] ...we’re still in the zone that we thought we would be in like last Thursday and even though we’re still waiting...we’re in the zone and we are in the “realm” of this happening very very soon...I am excited that they wanted - President Trump wanted this to be done prior to Christmas...then we’re all going to have – maybe the best – the most different Christmas we’ve ever had...we are highly expecting something to go down...
12-17-2020 Intel Guru Frank26 ...in my strong opinion the tellers are now going to be introduced to new counting machines...they have the software for the new small category notes that are going to be introduced to the citizens. The tellers this week will be learning the new protocol of the currency and of the new banking system...with their right hand they will hold the new small category notes in order to practice how to use the machine in their left hand. One needs the other...
12-16-2020 Newshound Guru Jeff Article: "Parliament clarifies the fact that the government entered into negotiations with the International Monetary system to reduce the price of the dinar" ...Quite a few articles coming out telling us that Iraq wants to launch and boost their economy. They want to improve their exchange rate...this article is telling you that all of those statements talking about devaluing the Iraqi dinar are complete BS unless it is stated directly from or by the Central Bank of Iraq...they're telling you they do not have intention of devaluing their currency...
12-16-2020 Newshound/Intel Guru Petra We are down to a very short amount of time based on the IMF's statements from 2 weeks ago. We've got the BIS waiting to invest in the reserves of the Iraq Central Bank...we've go the UST. We've got IMF. The Central Bank. Everybody is ready to go.
12-16-2020 Newshound Guru Adam Montana Quote: "confirmed that the President of the Kurdistan region, Nechirvan Barzani, will visit Baghdad soon to sign a comprehensive oil agreement between the governments of Baghdad and Erbil." Basically, everything we have been witnessing - the increased cooperation between parties. Continued stability of the GOI. Elevated confidence in Iraq from the PTB all over the world. EVERYTHING we are seeing is pointing to HCL, a new Iraq, and an RV. Don't count your chickens just yet, but this is getting REAL. GO RRRVVVV! [post 2 of 2]
12-16-2020 Newshound Guru Adam Montana The writing on the wall is about as clear as it can be...follow along and enjoy! Article: "A Kurdish bloc reveals the fact that Baghdad and Erbil are close to signing a comprehensive oil agreement" ...this is HCL. Quote: "...delaying solutions delays the completion of the 2021 budget law." Are we reading that they want the HCL to pass with or prior to the Budget? It sounds that way! Quote: "the agreement will be included in the general budget law for next year." There we have it, kids! Quote: "the two parties announce within the next two days their new agreement regarding the export of oil and the delivery of customs revenues to the federal government." This would be today. [post 1 of 2...stay tuned]
12-16-2020 Intel Guru MarkZ [via PDK] On the RV front...I have seen no movement. There are still a number of people in place with great expectations of having something done before the 21st. No news out of Iraq…they are still in a holding pattern. Seems like the whole world is in a holding pattern waiting for the shoe to drop...
12-16-2020 Intel Guru Footforward Article: "Dinar value falls as Iraq contemplates currency devaluation" ...we have been waiting at least 7 years for that specific article. And I think it's fantastic...some of us have expected this from Iraq before the rv for a long time.
12-16-2020 Newshound Guru Pimpy Article: "Rapid decline of the Iraqi currency ... 132,000 dinars against 100 US dollars" Is it going in the wrong direction at the moment? Yes it is at the moment. Just at the moment. This isn't the official exchange rate. This is what's going on there internally...they're hearing rumors that they're going to devalue the dinar...I see the rumors going back and forth on whether the dinar is going to devalue or if it's going to increase in value. I'm watching it. As soon as I hear anything official we'll bring that on out.
12-16-2020 Newshound/Intel Guru Petra Article quote: "the exchange rate has reasons and obligations that have decided by the central bank." ...Their words not ours...watch the CBI...it's coming...
12-16-2020 Newshound/Intel Guru Mnt Goat Everything is still on track for early Jan 2021 reinstatement. It is mid-December already and so we should witness the project to delete the zeros sooner than later. Remember that the CBI would like to have 1 to 2 weeks prior to the reinstatement in order to monitor for inflation and make corrections if needed. So we are still moving in the right direction and that is what matters...
12-16-2020 Newshound/Intel Guru Petra We are down to a very short amount of time based on the IMF's statements from 2 weeks ago. We've got the BIS waiting to invest in the reserves of the Iraq Central Bank...we've go the UST. We've got IMF. The Central Bank. Everybody is ready to go.
12-16-2020 Newshound Guru Adam Montana Quote: "confirmed that the President of the Kurdistan region, Nechirvan Barzani, will visit Baghdad soon to sign a comprehensive oil agreement between the governments of Baghdad and Erbil." Basically, everything we have been witnessing - the increased cooperation between parties. Continued stability of the GOI. Elevated confidence in Iraq from the PTB all over the world. EVERYTHING we are seeing is pointing to HCL, a new Iraq, and an RV. Don't count your chickens just yet, but this is getting REAL. GO RRRVVVV! [post 2 of 2]
12-16-2020 Newshound Guru Adam Montana The writing on the wall is about as clear as it can be...follow along and enjoy! Article: "A Kurdish bloc reveals the fact that Baghdad and Erbil are close to signing a comprehensive oil agreement" ...this is HCL. Quote: "...delaying solutions delays the completion of the 2021 budget law." Are we reading that they want the HCL to pass with or prior to the Budget? It sounds that way! Quote: "the agreement will be included in the general budget law for next year." There we have it, kids! Quote: "the two parties announce within the next two days their new agreement regarding the export of oil and the delivery of customs revenues to the federal government." This would be today. [post 1 of 2...stay tuned]
12-16-2020 Intel Guru MarkZ [via PDK] On the RV front...I have seen no movement. There are still a number of people in place with great expectations of having something done before the 21st. No news out of Iraq…they are still in a holding pattern. Seems like the whole world is in a holding pattern waiting for the shoe to drop...
12-16-2020 Intel Guru Footforward Article: "Dinar value falls as Iraq contemplates currency devaluation" ...we have been waiting at least 7 years for that specific article. And I think it's fantastic...some of us have expected this from Iraq before the rv for a long time.
12-16-2020 Newshound Guru Pimpy Article: "Rapid decline of the Iraqi currency ... 132,000 dinars against 100 US dollars" Is it going in the wrong direction at the moment? Yes it is at the moment. Just at the moment. This isn't the official exchange rate. This is what's going on there internally...they're hearing rumors that they're going to devalue the dinar...I see the rumors going back and forth on whether the dinar is going to devalue or if it's going to increase in value. I'm watching it. As soon as I hear anything official we'll bring that on out.
12-16-2020 Newshound/Intel Guru Petra Article quote: "the exchange rate has reasons and obligations that have decided by the central bank." ...Their words not ours...watch the CBI...it's coming...
12-16-2020 Newshound/Intel Guru Mnt Goat Everything is still on track for early Jan 2021 reinstatement. It is mid-December already and so we should witness the project to delete the zeros sooner than later. Remember that the CBI would like to have 1 to 2 weeks prior to the reinstatement in order to monitor for inflation and make corrections if needed. So we are still moving in the right direction and that is what matters...
12-15-2020 *** Dinar Guru Community Update *** Guru Walkingstick had surgery yesterday to remove several tumors from his kidney. This is a very serious and delicate procedure. Please keep him in your thoughts and prayers today. He's been sharing information with all of us for a very long time and is a valued member of the community. Get well soon Guru Walkingstick! Thousands of positive healing prayers headed your way!
12-15-2020 Intel Guru Frank26 We're at the point where the ATM machines are locked and loaded. They are ready to go. They have the software. They have the new small category notes...
12-15-2020 Newshound/Intel Guru Petra ...We listen to them [IMF] when they talk. We listen to the BIS when they talk. And we listen to the World Bank when they talk...all three seem to have the same message going on that we've been watching over the past weeks. If we look internally at Iraq we continue to get the same kind of messages and notifications...watch the CBI...
12-15-2020 Intel Guru MarkZ [via PDK] Article: "Dinar value falls as Iraq contemplates currency devaluation" Why is this story important? I was always told we would see an “unpegging” just before it…and we would also see a “misinformation” campaign similar to the one we saw in Kuwait before they RV’d…..and we are seeing exactly what we saw in Kuwait….and its been happening over the last couple of days. This tells me to look for “value changes” coming soon in Iraq...I am excited about seeing these stories coming out of Iraq. This mirrors what we have seen before revaluations in other countries in modern history.
12-15-2020 Intel Guru Frank26 ...the floor managers right about now...they know. They know what they need to know from the senior executive level...and now this week we believe the tellers are next...it's not a secret anymore. The reason why is the tellers, who are really connected to the citizens - they're next...the next two weeks of December are crucial...
12-15-2020 Newshound/Intel Guru Petra ...we are in the end times with regards to our investment in the Iraqi dinar...we know time is short because the IMF has made a very clear indication in articles about what's going on with the exchange rate. Through the IMF, Iraq has committed to changing their rate prior to the end of the year...That's not coming from us. That's not coming from Iraq. That's coming from the IMF themselves. One of the most influential and powerful organizations in the world...
12-15-2020 Intel Guru MarkZ [via PDK] [Is this week going to be Golden?] We appear to be in the “final days”. [do you think RV before Christmas?] I do think Iraq will have a rate change in Iraq at least- before Christmas. But, I reserve the right to be wrong….
12-15-2020 Newshound/Intel Guru Petra ...We listen to them [IMF] when they talk. We listen to the BIS when they talk. And we listen to the World Bank when they talk...all three seem to have the same message going on that we've been watching over the past weeks. If we look internally at Iraq we continue to get the same kind of messages and notifications...watch the CBI...
12-15-2020 Intel Guru MarkZ [via PDK] Article: "Dinar value falls as Iraq contemplates currency devaluation" Why is this story important? I was always told we would see an “unpegging” just before it…and we would also see a “misinformation” campaign similar to the one we saw in Kuwait before they RV’d…..and we are seeing exactly what we saw in Kuwait….and its been happening over the last couple of days. This tells me to look for “value changes” coming soon in Iraq...I am excited about seeing these stories coming out of Iraq. This mirrors what we have seen before revaluations in other countries in modern history.
12-15-2020 Intel Guru Frank26 ...the floor managers right about now...they know. They know what they need to know from the senior executive level...and now this week we believe the tellers are next...it's not a secret anymore. The reason why is the tellers, who are really connected to the citizens - they're next...the next two weeks of December are crucial...
12-15-2020 Newshound/Intel Guru Petra ...we are in the end times with regards to our investment in the Iraqi dinar...we know time is short because the IMF has made a very clear indication in articles about what's going on with the exchange rate. Through the IMF, Iraq has committed to changing their rate prior to the end of the year...That's not coming from us. That's not coming from Iraq. That's coming from the IMF themselves. One of the most influential and powerful organizations in the world...
12-15-2020 Intel Guru MarkZ [via PDK] [Is this week going to be Golden?] We appear to be in the “final days”. [do you think RV before Christmas?] I do think Iraq will have a rate change in Iraq at least- before Christmas. But, I reserve the right to be wrong….
12-14-2020 Newshound Guru MilitiaMan Article: "Which is the savior of the Iraqi economy ... internal or external financial diversification?" More data to support they are gearing to go out to external markets with and international exchange rate. They are moving to an external debt source of financing in where it creates more investments and creates more jobs for SMEs. By doing so it will support the new market economy and with a better likelihood to be successful in doing so. Iraq has plenty of youths to fit the model.. imo This looks very good.. "Prices that return to normal?" Would that imply they are about ready to go back to the glory days? They say they are going to delete the three zeros from the exchange rate or at least change it during this fiscal year. They also tell us the Dinar is to converge with the Dollar, too. 1:1 in country. imo!
12-14-2020 Intel Guru Footforward [Is the HCL going to finally be implemented and made law!..] that and article 140 should go hand in hand.
12-14-2020 Intel Guru MarkZ [via PDK] [Could this possibly be our week?] Yes it could… So far today...Iraq does not have a change in value of the dinar…they are expecting by mid month and we are right there…right now…hopefully this will be our “Breaking week”... [I just saw on Dinar Guru that the dinar just dropped 20 points.] That is a good sign…it means the dinar is unpegging…look for a dip and then a spike. This is exactly how I was told 15-20 years ago how it would unfold…it is now unfolding as I had heard it would… [So are we looking at a 2021 RV or an 2022 RV?] I think we are in the midst of it right now!!! I think we will know once and for all this week. [Note: You can always see the latest official CBI dinar market rate in the left column on this page.]
12-14-2020 Newshound/Intel Guru Mnt Goat ...the CBI will NOT deviate from the process. This is the process as outlined by Dr. Shabibi in 2011...The only variable is what happens if they do find inflation is taking off in Iraq. This may delay the reinstatement a bit. This could cause problems. But we wait and watch is all we can do.
12-14-2020 Intel Guru Footforward [Is the HCL going to finally be implemented and made law!..] that and article 140 should go hand in hand.
12-14-2020 Intel Guru MarkZ [via PDK] [Could this possibly be our week?] Yes it could… So far today...Iraq does not have a change in value of the dinar…they are expecting by mid month and we are right there…right now…hopefully this will be our “Breaking week”... [I just saw on Dinar Guru that the dinar just dropped 20 points.] That is a good sign…it means the dinar is unpegging…look for a dip and then a spike. This is exactly how I was told 15-20 years ago how it would unfold…it is now unfolding as I had heard it would… [So are we looking at a 2021 RV or an 2022 RV?] I think we are in the midst of it right now!!! I think we will know once and for all this week. [Note: You can always see the latest official CBI dinar market rate in the left column on this page.]
12-14-2020 Newshound/Intel Guru Mnt Goat ...the CBI will NOT deviate from the process. This is the process as outlined by Dr. Shabibi in 2011...The only variable is what happens if they do find inflation is taking off in Iraq. This may delay the reinstatement a bit. This could cause problems. But we wait and watch is all we can do.
12-13-2020 Newshound/Intel Guru Mnt Goat Article: "NEGOTIATIONS BETWEEN IRAQ AND THE "INTERNATIONAL MONETARY" TO DETERMINE THE EXCHANGE RATE OF THE DINAR" Will the IMF approve the reinstatement & float option suggested? This is what the IMF wanted all along.
12-13-2020 Intel Guru Footforward ...There needs to be a clear distinction between exchanging notes in Iraq and having a new rate. They can't have a new in country rate without it being international. They are trying to flush USD and 000 notes out.
12-13-20 Newshound Guru NORV [aka Guru Kaperoni] Luckily for us, the CBI is following the IMF and trying to create a strong dinar...and suitable investment climate so the economy grows...but for that to work, the GOI needs to pass laws and get private investors to come...then and only then will they get off the peg and float...allowing the dinar to gradually rise as a result of investors/ investment.
12-13-2020 Newshound/Intel Guru Mnt Goat ...we all know the value is way beyond what the program rate is. The CBI knows it too. So, let’s talk rate instead. If the rate of a 25,000 note was about $23 today then it will be $23 for the 25 note. No change in value. Get it? Easy! It is just the mind set in the Iraqi people that worries the CBI. How will they mentally deal with going back to the lower denominations. Remember they had lower denominations prior to the 2003 war. These larger three zero notes were only meant to be temporary and so it is time to convert back…finally…! Once this is done then the CBI will watch for inflation for about a week and then pull the trigger on the reinstatement and FLOAT the dinar on FOREX if all goes according to plan. The rate in the US on FOREX will be gauged on the new rate of the dinar according to the new basket it is assigned to. It will get off the “de-facto” peg strictly to the US dollar as it is today.
12-13-2020 Intel Guru Footforward ...There needs to be a clear distinction between exchanging notes in Iraq and having a new rate. They can't have a new in country rate without it being international. They are trying to flush USD and 000 notes out.
12-13-20 Newshound Guru NORV [aka Guru Kaperoni] Luckily for us, the CBI is following the IMF and trying to create a strong dinar...and suitable investment climate so the economy grows...but for that to work, the GOI needs to pass laws and get private investors to come...then and only then will they get off the peg and float...allowing the dinar to gradually rise as a result of investors/ investment.
12-13-2020 Newshound/Intel Guru Mnt Goat ...we all know the value is way beyond what the program rate is. The CBI knows it too. So, let’s talk rate instead. If the rate of a 25,000 note was about $23 today then it will be $23 for the 25 note. No change in value. Get it? Easy! It is just the mind set in the Iraqi people that worries the CBI. How will they mentally deal with going back to the lower denominations. Remember they had lower denominations prior to the 2003 war. These larger three zero notes were only meant to be temporary and so it is time to convert back…finally…! Once this is done then the CBI will watch for inflation for about a week and then pull the trigger on the reinstatement and FLOAT the dinar on FOREX if all goes according to plan. The rate in the US on FOREX will be gauged on the new rate of the dinar according to the new basket it is assigned to. It will get off the “de-facto” peg strictly to the US dollar as it is today.
12-12-2020 Intel Guru RayRen98 ...BANKS WERE FULLY STAFFED TODAY AT THEIR RESPECTIVE EXCHANGE CENTERS...WAITING...LOOKING... ANTICIPATING...THE INEVITABLE.
12-12-2020 Newshound/Intel Guru Mnt Goat Article: "DESPITE ITS DEEP PROBLEMS", AMERICAN MAGAZINE: IRAQ POSSESSES AMAZING POTENTIAL FOR GROWTH AND IS LEADING THE REGION" Iraq is going to be central distribution center for the middle east. It is poised perfectly geographically for this task. It will need a global currency on FOREX.
12-12-2020 Newshound Guru Pimpy Article "The Council of Ministers votes tomorrow on the budget and it reaches Parliament on Tuesday" ...Many of us are interested in seeing what's gong to happen in the 2021 budget because there's a ton of reasons to believe the new rate change is in there so we're looking for that...
12-12-2020 Intel Guru Footforward [Is the general consensus that the dong will rv with the dinar?...] in my opinion at this point the dong will go after the dinar.
12-12-2020 Newshound Guru MilitiaMan Article: "People of experience and confidence .... The Golden Triangle" Quote: "We wish success, success and repayment to the leaders of the Iraqi economy in their difficult mission...will undoubtedly succeed." Sure looks like the have they system ready for change. The are effectively saying thank you to the three in the golden triangle...The minister of finance, the CBI Governor and the Investment Authority. Combine this with the meeting at the Presidents house last night, the Kurds getting their payments simultaneously and the borders with Saudi Arabia are talking about a $ Billion for the year and that in revenues at the borders within days will be upward...upwards imo is an increase...So for all these items and payments, letters of guarantees, salaries, etc. to all be in sync is very telling. They have the Golden Triangle to thank and they are, as this wasn't an endeavor that started yesterday. It has been a massive work in progress. Lets see what they have to say in the coming days...It looks very good, as the rescue is underway. imo.
12-12-2020 Newshound/Intel Guru Mnt Goat Article: "ADVISOR AL-KAZEMI: THE RISE IN THE DOLLAR IS TEMPORARY BUBBLES" The real reason for the spike in the dollar is the speculation when the news came out of the “project to delete the zeros”. Citizens under uncertainty (in their heads) run out and purchase dollars for their dinars. As usual demand brings the price up. But the article was honest in telling us this would be temporary, but not why it would be temporary. But we all know the real reason.
12-12-2020 Newshound Guru Pimpy ...like you I'm curious to see what they're going to put in the budget in terms of a rate. I know you are as well. Nonetheless don't be upset or don't be overly excited when you see the rate. I have a feeling it's going to go up in increments. Keep an eye on it...
12-12-2020 Intel Guru Frank26 Everybody knows there's a rate change coming for the Iraqi dinar. They know about the calculations. They know about the recalculations and the recalculations and the recalculations...IMO they're done...do you understand they're applying it? They are saying by the end of the year they will raise the value of their currency. Of course something could go wrong. Something could delay it. We're talking about 3 weeks. It is well known by everyone that by the end of the year they will raise the value...the articles were not specific. they do no give you date. They did not give you the rate...IMO they're going to be on par with the American dollar...
12-12-2020 Newshound Guru NORV (aka Guru Kaperoni) There is over 40 trillion dinar outside Iraq's banking system within Iraq. As well Iraq's total wealth including oil and all minerals is only 16 trillion dollars. There is no way Iraq can RV the dinar significantly it would absolutely make them broke. It is not possible. If the dinar is ever going to go up in value it will occur as the IMF has stated in the consultation with Iraq...which is to get off the peg and float the dinar allowing it to gradually over time rise. This would allow the CBI to offset inflation caused by significant investment as well as reduce the money supply gradually. It could take several years to accomplish this. This is not my opinion, it is what the IMF said to Iraq.
12-12-2020 Newshound/Intel Guru Mnt Goat Article: "DESPITE ITS DEEP PROBLEMS", AMERICAN MAGAZINE: IRAQ POSSESSES AMAZING POTENTIAL FOR GROWTH AND IS LEADING THE REGION" Iraq is going to be central distribution center for the middle east. It is poised perfectly geographically for this task. It will need a global currency on FOREX.
12-12-2020 Newshound Guru Pimpy Article "The Council of Ministers votes tomorrow on the budget and it reaches Parliament on Tuesday" ...Many of us are interested in seeing what's gong to happen in the 2021 budget because there's a ton of reasons to believe the new rate change is in there so we're looking for that...
12-12-2020 Intel Guru Footforward [Is the general consensus that the dong will rv with the dinar?...] in my opinion at this point the dong will go after the dinar.
12-12-2020 Newshound Guru MilitiaMan Article: "People of experience and confidence .... The Golden Triangle" Quote: "We wish success, success and repayment to the leaders of the Iraqi economy in their difficult mission...will undoubtedly succeed." Sure looks like the have they system ready for change. The are effectively saying thank you to the three in the golden triangle...The minister of finance, the CBI Governor and the Investment Authority. Combine this with the meeting at the Presidents house last night, the Kurds getting their payments simultaneously and the borders with Saudi Arabia are talking about a $ Billion for the year and that in revenues at the borders within days will be upward...upwards imo is an increase...So for all these items and payments, letters of guarantees, salaries, etc. to all be in sync is very telling. They have the Golden Triangle to thank and they are, as this wasn't an endeavor that started yesterday. It has been a massive work in progress. Lets see what they have to say in the coming days...It looks very good, as the rescue is underway. imo.
12-12-2020 Newshound/Intel Guru Mnt Goat Article: "ADVISOR AL-KAZEMI: THE RISE IN THE DOLLAR IS TEMPORARY BUBBLES" The real reason for the spike in the dollar is the speculation when the news came out of the “project to delete the zeros”. Citizens under uncertainty (in their heads) run out and purchase dollars for their dinars. As usual demand brings the price up. But the article was honest in telling us this would be temporary, but not why it would be temporary. But we all know the real reason.
12-12-2020 Newshound Guru Pimpy ...like you I'm curious to see what they're going to put in the budget in terms of a rate. I know you are as well. Nonetheless don't be upset or don't be overly excited when you see the rate. I have a feeling it's going to go up in increments. Keep an eye on it...
12-12-2020 Intel Guru Frank26 Everybody knows there's a rate change coming for the Iraqi dinar. They know about the calculations. They know about the recalculations and the recalculations and the recalculations...IMO they're done...do you understand they're applying it? They are saying by the end of the year they will raise the value of their currency. Of course something could go wrong. Something could delay it. We're talking about 3 weeks. It is well known by everyone that by the end of the year they will raise the value...the articles were not specific. they do no give you date. They did not give you the rate...IMO they're going to be on par with the American dollar...
12-12-2020 Newshound Guru NORV (aka Guru Kaperoni) There is over 40 trillion dinar outside Iraq's banking system within Iraq. As well Iraq's total wealth including oil and all minerals is only 16 trillion dollars. There is no way Iraq can RV the dinar significantly it would absolutely make them broke. It is not possible. If the dinar is ever going to go up in value it will occur as the IMF has stated in the consultation with Iraq...which is to get off the peg and float the dinar allowing it to gradually over time rise. This would allow the CBI to offset inflation caused by significant investment as well as reduce the money supply gradually. It could take several years to accomplish this. This is not my opinion, it is what the IMF said to Iraq.
12-11-2020 Newshound Guru MilitiaMan Article: "Saleh and Al-Kazemi are organizing a large meeting tonight to announce an agreement that ends the region's financing crisis" ...A newly issued international currency with a corrected exchange rate may fix a crisis for many reasons. They are talking about the correction again...The UN was in town talking about a correction too recently, and the UN was wondering why it wasn't done yet in respect to the White Papers and the correction.. (I.E.; EXCHANGE RATE imo). Now they are to be shoulder to shoulder tonight or were. Saleh has stated they have the correcting of the exchange rate from the CBI openly in front of us and that is tonight or was....I suspect if they have had that meeting, they made an announcement about it. At least they say they will have one at the end of the meeting...We shall see what comes of it. Looks good though...imo!
12-11-2020 Intel Guru Bruce [via WiserNow] We could be looking at a Mon-Tues meaning Monday for numbers & emails to be sent out and Tuesday for start of exchanges – or it could all come in on Tuesday – we don’t know that - they are supposed to determine that...tomorrow’s [Friday] call is with US Treasury – Homeland Security – Abbott Downing – and all tier 1 and tier 2 banks...That is happening to determine the “WHEN”... they want to get this done before Christmas – and that is the intention and I believe they have the plan to do that – it’s possible we would start Tuesday – or possibly Wednesday – 15th or 16th...don’t worry about rates – rates are fine – they are very good – and you’re not going to be disappointed at all in that- it’s all good...
12-11-2020 Newshound Guru Walkingstick and Intel Guru Frank26 These last 3 weeks of the month of December IMO they're training the tellers to prepare for the citizens possibly by January 1st. IMO these tellers in the next 2 to 3 weeks are going to be presented brand new counting machines never used or seen before programmed with the new small category notes...
12-11-2020 Intel Guru MarkZ [via PDK] My contacts in Iraq still very much believe that we are in a 5 to 7 day window for a rate change there. It appears to be moving forward so cross your fingers and say your prayers.
12-11-2020 Newshound/Intel Guru Mnt Goat ...we can see first hand the timing of this event is coordinated with the resolution of the 2020 US election and the beginning of the Iraqi fiscal year. The timing could not be any better. It is on its way and we can expect it. ...there is a plan in place and we desperately need this plan to succeed...the timing has to be perfect. Iraq must succeed as well as the US. Everyone should be very patient and relax. It is coming shortly. Can it be stopped? Yes, it can. I know for a FACT that this is the fifth time they have tried this already since 2012-2013 to begin the process of the deletion of the zeros and failed due to circumstances. So when they begin this step there is no turning back. This is why they are slowly and cautiously moving ahead...
12-11-2020 Newshound Guru Pimpy I'm telling you there's a huge buzz going on about the dinar and the reason for that is we've never seen so much talk about it before. Just a lot of it going on...Let's hope that they get finalized...There's a lot of speculation that once the 2021 budget is passed it's going to have whatever the new rate change is. No matter whether it's good or bad don't get overly emotional about what you see. I'm not expecting anything big to happen...if it's bad news don't get down...just hang tight because it's going to improve. I don't think there's any way around it. Having said that I don't think the value is going to go down. There's too many negative effects it has on the economy...most likely a move up is what we're going to see....
12-11-2020 Intel Guru MarkZ [via PDK] [Why is the Iraqi dinar being devalued against the US dollar?] Don’t panic…this is the un-pegging…it’s a important part of the process...
12-11-2020 Intel Guru Frank26 & Boots-on-the-ground Firefly "the television is telling us that the 2021 budget needs a new exchange rate." Everybody knows they're going to raise the value of their currency and they're telling the citizens carefully step by step. Now this is the crescendo. This is the apex. This is the precipice. We're right there. One more step. It's like standing on the edge of a cliff on your tiptoes leaning forward with your arms open looking down with gusts of wind just waiting to knock you over. It's that close. It's as close as your breath is to your lungs..
12-11-2020 Intel Guru Bruce [via WiserNow] We could be looking at a Mon-Tues meaning Monday for numbers & emails to be sent out and Tuesday for start of exchanges – or it could all come in on Tuesday – we don’t know that - they are supposed to determine that...tomorrow’s [Friday] call is with US Treasury – Homeland Security – Abbott Downing – and all tier 1 and tier 2 banks...That is happening to determine the “WHEN”... they want to get this done before Christmas – and that is the intention and I believe they have the plan to do that – it’s possible we would start Tuesday – or possibly Wednesday – 15th or 16th...don’t worry about rates – rates are fine – they are very good – and you’re not going to be disappointed at all in that- it’s all good...
12-11-2020 Newshound Guru Walkingstick and Intel Guru Frank26 These last 3 weeks of the month of December IMO they're training the tellers to prepare for the citizens possibly by January 1st. IMO these tellers in the next 2 to 3 weeks are going to be presented brand new counting machines never used or seen before programmed with the new small category notes...
12-11-2020 Intel Guru MarkZ [via PDK] My contacts in Iraq still very much believe that we are in a 5 to 7 day window for a rate change there. It appears to be moving forward so cross your fingers and say your prayers.
12-11-2020 Newshound/Intel Guru Mnt Goat ...we can see first hand the timing of this event is coordinated with the resolution of the 2020 US election and the beginning of the Iraqi fiscal year. The timing could not be any better. It is on its way and we can expect it. ...there is a plan in place and we desperately need this plan to succeed...the timing has to be perfect. Iraq must succeed as well as the US. Everyone should be very patient and relax. It is coming shortly. Can it be stopped? Yes, it can. I know for a FACT that this is the fifth time they have tried this already since 2012-2013 to begin the process of the deletion of the zeros and failed due to circumstances. So when they begin this step there is no turning back. This is why they are slowly and cautiously moving ahead...
12-11-2020 Newshound Guru Pimpy I'm telling you there's a huge buzz going on about the dinar and the reason for that is we've never seen so much talk about it before. Just a lot of it going on...Let's hope that they get finalized...There's a lot of speculation that once the 2021 budget is passed it's going to have whatever the new rate change is. No matter whether it's good or bad don't get overly emotional about what you see. I'm not expecting anything big to happen...if it's bad news don't get down...just hang tight because it's going to improve. I don't think there's any way around it. Having said that I don't think the value is going to go down. There's too many negative effects it has on the economy...most likely a move up is what we're going to see....
12-11-2020 Intel Guru MarkZ [via PDK] [Why is the Iraqi dinar being devalued against the US dollar?] Don’t panic…this is the un-pegging…it’s a important part of the process...
12-11-2020 Intel Guru Frank26 & Boots-on-the-ground Firefly "the television is telling us that the 2021 budget needs a new exchange rate." Everybody knows they're going to raise the value of their currency and they're telling the citizens carefully step by step. Now this is the crescendo. This is the apex. This is the precipice. We're right there. One more step. It's like standing on the edge of a cliff on your tiptoes leaning forward with your arms open looking down with gusts of wind just waiting to knock you over. It's that close. It's as close as your breath is to your lungs..
12-10-2020 Newshound Guru Pimpy Article: "Clarification regarding the Central Banks decision to control the dollar exchange rate and the reasons for its recent jump" ...Notice that everyday more and more talk. It's not going out too much on a limb to say that it looks like Iraq between now and the end of the year plans on doing some type of rate change. What it is we don't know...We all know when for every dollar that we spend then we get back 1190 Iraqi dinars. That's how it's supposed to go. But there's been some changes happening on the open market over there within Iraq. They're saying it's mostly due to speculation of a rate change especially now that they're talking about it...
12-10-2020 Intel Guru MarkZ [via PDK] Many have been worried and asking me about the possibility of not being able to exchange unless you get the Covid 19 vaccine… I asked my best banking contacts about this and I think they are still laughing…..Do not worry that the only way you can exchange is if you get the vaccine…totally false…somebody is trying to sow fear in Dinarland…do not buy it…
12-10-2020 Newshound Guru Walkingstick and Intel Guru Frank26 Everybody knows. Kurdistan knows. The international world knows. Forex knows. WTO knows. The World Bank knows. The IMF knows. The United States treasury knows. The European Monetary Union knows. Everybody knows. More importantly the money exchangers around the wold, they know...It cannot be a secret because the citizens need to know and they are being told. They must know and understand very clearly...
12-10-2020 Intel Guru MarkZ [via PDK] Nearly all my sources were not expecting anything to happen until later today through next Tuesday...[Do you think we will see the RV before Christmas...] I think we will have this before Christmas…especially with the chatter out of Iraq that they are willing to move forward – no matter what…I feel good about it but unfortunately no one knows 100% until we get there...
12-10-2020 Newshound Guru Jeff In the year 2020 Iraq got released from all the sanctions and naughty lists. At this time Iraq is no longer under any kind of restrictions or sanctions. They are free and clear. They've basically got the green light to change the rate. That's why at this time Iraq is putting out all these articles and putting an emphasis on the exchange rate...
12-10-2020 Intel Guru Frank26 Article: "Oil disturbs Iraq's 2021 budget: an expected update of the "dinar exchange rate" and amending the numbers to reduce the financial deficit!" ...it's an expected update to the dinar exchange rate. WHAT?!? Yeah, we amended the numbers of the financial deficit. WHAT?!? Oh my goodness! This is getting boring! ...this article is monstrous. This article is so powerful...
12-10-2020 Intel Guru Bruce [via WiserNow] I wondered for weeks whether or not the election had a direct tie in to our start for our exchanges and redemption - was there a tie? A connection? ...Was there something that had to happen from the election point of view before we got started? I’m going to say even though I’ve been told – not really - there is a connection – and I think there might be a need to wait for some result from the election... I think President Trump will get this done for us – the plan is extensive – and it will happen – and Lord willing – this will happen before – not only the end of this month but I think well before that...
12-10-2020 Newshound Guru Pimpy Another day - another day of rate change talk. It's still out there in the ether...the International community knows the potential of investing in Iraq. There are a lot of countries and I mean a lot that have already donate money and are looking into doing projects within Iraq. Iraq is like the gateway to the whole Middle East.
12-10-2020 Newshound Guru Walkingstick and Intel Guru Frank26 Iraq is a trading hub. It's a financial trading hub first and foremost. Do you understand why they need to raise the value? This is what Donald Trump wanted Iraq to do for the Middle East. And the Middle East all agreed....Iraq is going to be considered a full developing nation upon full membership of the WTO. Doors will be busted down.
12-10-2020 Intel Guru MarkZ [via PDK] Many have been worried and asking me about the possibility of not being able to exchange unless you get the Covid 19 vaccine… I asked my best banking contacts about this and I think they are still laughing…..Do not worry that the only way you can exchange is if you get the vaccine…totally false…somebody is trying to sow fear in Dinarland…do not buy it…
12-10-2020 Newshound Guru Walkingstick and Intel Guru Frank26 Everybody knows. Kurdistan knows. The international world knows. Forex knows. WTO knows. The World Bank knows. The IMF knows. The United States treasury knows. The European Monetary Union knows. Everybody knows. More importantly the money exchangers around the wold, they know...It cannot be a secret because the citizens need to know and they are being told. They must know and understand very clearly...
12-10-2020 Intel Guru MarkZ [via PDK] Nearly all my sources were not expecting anything to happen until later today through next Tuesday...[Do you think we will see the RV before Christmas...] I think we will have this before Christmas…especially with the chatter out of Iraq that they are willing to move forward – no matter what…I feel good about it but unfortunately no one knows 100% until we get there...
12-10-2020 Newshound Guru Jeff In the year 2020 Iraq got released from all the sanctions and naughty lists. At this time Iraq is no longer under any kind of restrictions or sanctions. They are free and clear. They've basically got the green light to change the rate. That's why at this time Iraq is putting out all these articles and putting an emphasis on the exchange rate...
12-10-2020 Intel Guru Frank26 Article: "Oil disturbs Iraq's 2021 budget: an expected update of the "dinar exchange rate" and amending the numbers to reduce the financial deficit!" ...it's an expected update to the dinar exchange rate. WHAT?!? Yeah, we amended the numbers of the financial deficit. WHAT?!? Oh my goodness! This is getting boring! ...this article is monstrous. This article is so powerful...
12-10-2020 Intel Guru Bruce [via WiserNow] I wondered for weeks whether or not the election had a direct tie in to our start for our exchanges and redemption - was there a tie? A connection? ...Was there something that had to happen from the election point of view before we got started? I’m going to say even though I’ve been told – not really - there is a connection – and I think there might be a need to wait for some result from the election... I think President Trump will get this done for us – the plan is extensive – and it will happen – and Lord willing – this will happen before – not only the end of this month but I think well before that...
12-10-2020 Newshound Guru Pimpy Another day - another day of rate change talk. It's still out there in the ether...the International community knows the potential of investing in Iraq. There are a lot of countries and I mean a lot that have already donate money and are looking into doing projects within Iraq. Iraq is like the gateway to the whole Middle East.
12-10-2020 Newshound Guru Walkingstick and Intel Guru Frank26 Iraq is a trading hub. It's a financial trading hub first and foremost. Do you understand why they need to raise the value? This is what Donald Trump wanted Iraq to do for the Middle East. And the Middle East all agreed....Iraq is going to be considered a full developing nation upon full membership of the WTO. Doors will be busted down.
12-9-2020 Newshound Guru Pimpy Article "Negotiations between Iraq and the International Monetary Fund to determine the exchange rate of the dinar" Yeah I know, get excited. There's been a lot of talk. A lot of talk...Like I said, it's okay to pay attention to what's being said but we don't care about what they say we care about what they do and that's what we're looking forward to. And make no doubt about it all and I mean all arrows point to a rate change happening this year...
12-9-2020 Intel Guru Bruce [via WiserNow] I have a new timeline that I want to give you...we...could be looking at receiving our notifications as soon as... somewhere in between Thursday and Tuesday Dec 15th...we also have about 3 other points of view from different sources that put our timing for notification...coming out anywhere from the next 3-4 days...Wednesday – Saturday - those are two separate sources...I am excited about where we are – and yes it’s hard to nail this down – this is a moving target – as you know by now...
12-9-2020 Newshound Guru Adam Montana One of the major holdups for Iraq has always been the HCL, which is a money sharing agreement between primarily Baghdad and Kurdistan. Over the last decade (plus) we have seen countless instances where they simply couldn't agree on anything, much less a major profit sharing agreement. This is less and less the case. It's all about the money... and they are working together so much smoother than ever before. For example: "Baghdad and Erbil agree on the share of the Kurdistan region in the 2021 budget" ...Go Iraq, and GO RRRVVV!!!
12-9-2020 Intel Guru Frank26 Article: "The International Monetary Fund to update the exchange rate of the Iraqi dinar before the end of the fiscal year" ...this doesn't get any clearer...what does the IMF do? ...anything to do with your currency we either approve it or disapprove it. The IMF is now telling the whole world...this stuff is done. The CBI is doing it. Now the IMF is telling the whole world...the Iraqi dinar rate is going to change by the end of this fiscal year. Do you understand? There is a new rate coming right before the end of this year according to the IMF. Could this change? Of course it could change...but do you think they could have the "basketballs" to say this and not do it? No. Timing. You gotta love it.
12-9-2020 Intel Guru MarkZ [via PDK] The chatter I am still getting out of Iraq is we may see a “teaser rate” of about 1 to 1 mid month...possibly the 11th through the 14th…then a move over the next few months of a full-blown rate… They plan to come out with a lower rate to try to suck up a bunch of bills on the street and the overprinting of the dinar…then move forward to a higher rate. …It’s just rumors until it happens…do not over-react. This goes against what I hear from my paymasters…but I am sharing what I am hearing. You guys can make your own decisions. ...Banking contacts think we are still looking at a mid-month event...
12-9-2020 Newshound Guru Pimpy ...There is a lot of talk about the rate change happening. As a matter of fact there's many reason to believe it's going to happen between now and the end of this year...let's stay grounded. Of course we're excited... Article: "Al-Kazemi on the 2021 budget: We will discuss it today or tomorrow Tuesday" They're putting the budget together. It's still being drafted. Some revisions had to be made and most likely those revisions are connected to what's going on with the rate change...
12-9-2020 Newshound/Intel Guru Walkingstick and Intel Guru Frank26 We believe that based on all that we have been seeing and studying and understand that they are going to release the new small category notes to the Iraqi citizens. And we believe it's going to be a 1, 5, 10, 25...we also believe there will be a 50 and a 100 note...the 1000 will be pulled out of circulation rather quickly ...the 250 and 500 will remain in circulation for a good amount of time...they all will remain legit and tender...I would say to you, learn when to hold them and learn when to fold them...
12-9-2020 Newshound/Intel Guru Mnt Goat ...we read in articles that Iraq could no longer obtain outside loans. They exhausted the internal loans from their banks to pay the salaries for August and September. So then all of a sudden, we get articles telling us the IMF is willing to loan money to Iraq. ...Also, at about the same time the IMF says they will now loan money to Iraq...they come out with a statement telling the public that Iraq will go 1:1 with the dinar before the end of the year...they are finally opening up ad educating the public. Like I said this is not a secret and they can’t hide it.
12-9-2020 Newshound Guru Pimpy ...Call me crazy but I can't help but think the first rate you see is going to be some type of teaser rate...right now I get 1190 dinars for one of my dollars. They might say 'ok, we'll increase the rate and now you only get 800 or 900 dinars for $1'. So it might not be anything really big. So just be careful...so what are you gonna do Pimpy? ...you earn back your money plus 25%. No, I'm just gonna sit on my dinars because I know what's coming. The more developed that country becomes the more outside investors come in there the more the dinar goes up in value. I think what they're gonna try to do is suck us speculators in there...who have been waiting 16 years and right now they'll take anything and you'll dump your dinars on the market and they will pick them up dirt cheap and eventually it will start to go up in value...It's exciting times right now.
12-9-2020 Intel Guru Frank26 ...the tellers. That's where we are at...Kazemi is this close {fingers close together} to bringing the CBI governor with him to make an announcement to the citizens of Iraq. BTW this information had to trickle down slowly. For you, the international world? No. The Iraqi citizens. Why? It must not fail with the Iraqi citizens...
12-9-2020 Intel Guru Bruce [via WiserNow] I have a new timeline that I want to give you...we...could be looking at receiving our notifications as soon as... somewhere in between Thursday and Tuesday Dec 15th...we also have about 3 other points of view from different sources that put our timing for notification...coming out anywhere from the next 3-4 days...Wednesday – Saturday - those are two separate sources...I am excited about where we are – and yes it’s hard to nail this down – this is a moving target – as you know by now...
12-9-2020 Newshound Guru Adam Montana One of the major holdups for Iraq has always been the HCL, which is a money sharing agreement between primarily Baghdad and Kurdistan. Over the last decade (plus) we have seen countless instances where they simply couldn't agree on anything, much less a major profit sharing agreement. This is less and less the case. It's all about the money... and they are working together so much smoother than ever before. For example: "Baghdad and Erbil agree on the share of the Kurdistan region in the 2021 budget" ...Go Iraq, and GO RRRVVV!!!
12-9-2020 Intel Guru Frank26 Article: "The International Monetary Fund to update the exchange rate of the Iraqi dinar before the end of the fiscal year" ...this doesn't get any clearer...what does the IMF do? ...anything to do with your currency we either approve it or disapprove it. The IMF is now telling the whole world...this stuff is done. The CBI is doing it. Now the IMF is telling the whole world...the Iraqi dinar rate is going to change by the end of this fiscal year. Do you understand? There is a new rate coming right before the end of this year according to the IMF. Could this change? Of course it could change...but do you think they could have the "basketballs" to say this and not do it? No. Timing. You gotta love it.
12-9-2020 Intel Guru MarkZ [via PDK] The chatter I am still getting out of Iraq is we may see a “teaser rate” of about 1 to 1 mid month...possibly the 11th through the 14th…then a move over the next few months of a full-blown rate… They plan to come out with a lower rate to try to suck up a bunch of bills on the street and the overprinting of the dinar…then move forward to a higher rate. …It’s just rumors until it happens…do not over-react. This goes against what I hear from my paymasters…but I am sharing what I am hearing. You guys can make your own decisions. ...Banking contacts think we are still looking at a mid-month event...
12-9-2020 Newshound Guru Pimpy ...There is a lot of talk about the rate change happening. As a matter of fact there's many reason to believe it's going to happen between now and the end of this year...let's stay grounded. Of course we're excited... Article: "Al-Kazemi on the 2021 budget: We will discuss it today or tomorrow Tuesday" They're putting the budget together. It's still being drafted. Some revisions had to be made and most likely those revisions are connected to what's going on with the rate change...
12-9-2020 Newshound/Intel Guru Walkingstick and Intel Guru Frank26 We believe that based on all that we have been seeing and studying and understand that they are going to release the new small category notes to the Iraqi citizens. And we believe it's going to be a 1, 5, 10, 25...we also believe there will be a 50 and a 100 note...the 1000 will be pulled out of circulation rather quickly ...the 250 and 500 will remain in circulation for a good amount of time...they all will remain legit and tender...I would say to you, learn when to hold them and learn when to fold them...
12-9-2020 Newshound/Intel Guru Mnt Goat ...we read in articles that Iraq could no longer obtain outside loans. They exhausted the internal loans from their banks to pay the salaries for August and September. So then all of a sudden, we get articles telling us the IMF is willing to loan money to Iraq. ...Also, at about the same time the IMF says they will now loan money to Iraq...they come out with a statement telling the public that Iraq will go 1:1 with the dinar before the end of the year...they are finally opening up ad educating the public. Like I said this is not a secret and they can’t hide it.
12-9-2020 Newshound Guru Pimpy ...Call me crazy but I can't help but think the first rate you see is going to be some type of teaser rate...right now I get 1190 dinars for one of my dollars. They might say 'ok, we'll increase the rate and now you only get 800 or 900 dinars for $1'. So it might not be anything really big. So just be careful...so what are you gonna do Pimpy? ...you earn back your money plus 25%. No, I'm just gonna sit on my dinars because I know what's coming. The more developed that country becomes the more outside investors come in there the more the dinar goes up in value. I think what they're gonna try to do is suck us speculators in there...who have been waiting 16 years and right now they'll take anything and you'll dump your dinars on the market and they will pick them up dirt cheap and eventually it will start to go up in value...It's exciting times right now.
12-9-2020 Intel Guru Frank26 ...the tellers. That's where we are at...Kazemi is this close {fingers close together} to bringing the CBI governor with him to make an announcement to the citizens of Iraq. BTW this information had to trickle down slowly. For you, the international world? No. The Iraqi citizens. Why? It must not fail with the Iraqi citizens...
12-8-2020 Newshound Guru Pimpy Here's another thing you need to know. I don't mind sharing it with you. There has been large. And I mean extremely large movement on Iraqi dinar, especially in the last year. They're going to a lot of institutions, specially central banks. I was thinking 'why the hell is this happening'? What is going on that they are not saying?' There's been a lot of speculation out there. Yes, it appears finally some type of rate change is going to come out.
12-8-2020 Newshound/Intel Guru Mnt Goat ...everyone reading this...today should be VERY HAPPY! ...Just about all the major news coming from Iraq in the last two weeks is about the currency...this week it’s all about the currency again…WOW!! ...I am now told by the CBI that they “fully” expect to complete the “project to delete the zeros” before Christmas on December 25th. They also told me the denominations they plan to roll out are 1,5,10 and 25 notes. The coins come a little late.
12-8-2020 Newshound Guru Jeff Article: "Oil disturbs Iraq's 2021 budget: an expected update of the "dinar exchange are" and amending the numbers to reduce the financial deficit!" ...Oil prices are still going up... Quote: "the minister of Finance and the International Monetary Fund to update the Iraqi dinar exchange rate before the end of the fiscal year." That's by the end of March...
12-8-2020 Newshound/Intel Guru Petra The IMF did come out and say that they were discussing with the Finance Committee and the CBI...the rate of the dinar against the dollar...it's very clear these events are happening for a reason, timing wise. And this event is truly a global event...it's a very exciting time...the rate is right before us...
12-8-2020 Intel Guru MarkZ [via PDK] [RV and rate by end of month. That’s their end of Fiscal year.] I am definitely hearing that from Iraq and out of Europe. The chatter I am getting out of Europe and from banking contacts is to look for it around the 14th…the chatter from Iraq is they will have a new value before the end of the year. So, according to Iraq we are in a 3 week window. I think there may be some meat for this mid month thing…that is the chatter I am hearing from everywhere at his point...I am looking for a December RV... So hang tight as we watch this week play out.
12-8-2020 Intel Guru Frank26 ...there's negotiations between the IMF, which to me is the Fab 4, with the Minister of Finance regarding what? The budget? No. Regarding the white papers? No. Regarding changing the exchange rate of the dollar against the Iraqi dinar. That's a powerful statement for these people to be saying. I was floored by it...
12-8-2020 Newshound Guru Pimpy Article: "Parliament Presidency: The 2021 budget will be approved faster than its predecessors" I'm excited about it. I'm curious to see where this is heading. Yes, we know about the rate change. It looks like it's going to happen. I'm surprised they're being so open about it...It looks like this budget is going to be done ahead of time. Nice. We'll see.
12-8-2020 Newshound Guru Jeff Article: "Urgent Parliamentary Finance: The government will reformulate the 2021 budget and send it to Parliament next week" Quote: "Ministry of Finance and the International Monetary Fund to update the exchange rate of the the Iraqi dinar..." I stressed to you that the borrowing law was the last step needed in order for them to change the exchange rate. That's why right now Iraq's putting a huge emphasis on the exchange rate, their economy and on the banking reforms...they have to change the rate by the back wall the end of March...everything's looking really good...
12-8-2020 Newshound/Intel Guru Mnt Goat ...everyone reading this...today should be VERY HAPPY! ...Just about all the major news coming from Iraq in the last two weeks is about the currency...this week it’s all about the currency again…WOW!! ...I am now told by the CBI that they “fully” expect to complete the “project to delete the zeros” before Christmas on December 25th. They also told me the denominations they plan to roll out are 1,5,10 and 25 notes. The coins come a little late.
12-8-2020 Newshound Guru Jeff Article: "Oil disturbs Iraq's 2021 budget: an expected update of the "dinar exchange are" and amending the numbers to reduce the financial deficit!" ...Oil prices are still going up... Quote: "the minister of Finance and the International Monetary Fund to update the Iraqi dinar exchange rate before the end of the fiscal year." That's by the end of March...
12-8-2020 Newshound/Intel Guru Petra The IMF did come out and say that they were discussing with the Finance Committee and the CBI...the rate of the dinar against the dollar...it's very clear these events are happening for a reason, timing wise. And this event is truly a global event...it's a very exciting time...the rate is right before us...
12-8-2020 Intel Guru MarkZ [via PDK] [RV and rate by end of month. That’s their end of Fiscal year.] I am definitely hearing that from Iraq and out of Europe. The chatter I am getting out of Europe and from banking contacts is to look for it around the 14th…the chatter from Iraq is they will have a new value before the end of the year. So, according to Iraq we are in a 3 week window. I think there may be some meat for this mid month thing…that is the chatter I am hearing from everywhere at his point...I am looking for a December RV... So hang tight as we watch this week play out.
12-8-2020 Intel Guru Frank26 ...there's negotiations between the IMF, which to me is the Fab 4, with the Minister of Finance regarding what? The budget? No. Regarding the white papers? No. Regarding changing the exchange rate of the dollar against the Iraqi dinar. That's a powerful statement for these people to be saying. I was floored by it...
12-8-2020 Newshound Guru Pimpy Article: "Parliament Presidency: The 2021 budget will be approved faster than its predecessors" I'm excited about it. I'm curious to see where this is heading. Yes, we know about the rate change. It looks like it's going to happen. I'm surprised they're being so open about it...It looks like this budget is going to be done ahead of time. Nice. We'll see.
12-8-2020 Newshound Guru Jeff Article: "Urgent Parliamentary Finance: The government will reformulate the 2021 budget and send it to Parliament next week" Quote: "Ministry of Finance and the International Monetary Fund to update the exchange rate of the the Iraqi dinar..." I stressed to you that the borrowing law was the last step needed in order for them to change the exchange rate. That's why right now Iraq's putting a huge emphasis on the exchange rate, their economy and on the banking reforms...they have to change the rate by the back wall the end of March...everything's looking really good...
12-7-2020 Intel Guru Footforward Article: "Negotiations between Iraq and the International Monetary Fund to determine the exchange rate of the dinar" ...I think the IMF has been pushing Iraq for at least 6 months to do this. So I don't think this is a new development. Just a renewed push on the part of the IMF...they are wanting them to increase their rate.
12-7-2020 Newshound Guru Pimpy Article: "Oil disturbs Iraq's 2021 budget: an expected update of the "dinar exchange rate" and amending the numbers to "reduce the financial deficit!" So here we go talking about the rate change again. It's been mentioned all week long...they're not even hiding it anymore. There is a lot of talk about the exchange rate...we know the rate change has to be discussed...It looks like they are going to make it part of the 2021 budget...yes, I'm excited like you are...
12-7-2020 Newshound Guru Jeff Most of their articles right now are talking about the exchange rate and launching their economy and getting it international. When they put an emphasis on something they're telling you what they're working on it. They're telling you they're in the process of working on that exchange rate. They're telling you they're at the end of the road and they're ready and preparing to change that exchange rate. They're telling you that is their next step. It does not get any better than where we stand right now. We are in the best position we've ever been in...
12-7-2020 Intel Guru MarkZ [via PDK] We have a crazy week ahead of us… Money did not move over the weekend and Iraq did not get a new rate. Still hearing lots of chatter from Iraq …they expect a vote on Tuesday or Wednesday (Note: not sure on what?)
12-7-2020 Newshound Guru Pimpy ...There is a lot of talk about the rate change. This whole past week has been crazy. Real crazy. Lots of articles about the rate and the rate change...and it's been back and forth. We heard they want to lop the zeros off...devalue the dinars...I told you guys it makes no sense. There's been lots of studies done that show that that's not a good move for Iraq because it effects the poor and devaluing your money is really bad when it comes to increasing the amount of debt. Now lopping the zeros off the exchange rate would be a huge benefit for us. There's been a lot of indications that that is the direction they plan on going to. No, we don't know the date. No, we don't know the rate...But they explained several times why they will not devalue the dinar...
12-7-2020 Newshound Guru Jeff Iraq is pretty much now out of Chapter 7 sanctions...They got off the OFAC list and everybody else's naughty list...this article came out yesterday "Oil disturbs Iraq's 2021 budget: an expected update of the dinar exchange rate and amending the number to reduce the financial deficit!" There's only one thing...that needs and requires the exchange rate. It's a reform payment for the funding of the reforms...And we know they have to make that payment by the end of March...that means they also have to change the rate by the end of March... Quote "the ministry of Finance and the International Monetary Fund to update the Iraqi dinar exchange rate before the end of the fiscal year." You guys are in the best position that you've ever been. Iraq can now change the rate anytime between now and the end of March. [post 2 of 2]
12-7-2020 Newshound Guru Jeff This is very very important. Here's an older article September 6, 2012 "Delete the zeros must be at the beginning of a fiscal year" They can only delete their zeros (that means change the rate) at the beginning of a new fiscal budget period...here's why...this is a different article from August 12, 2012 "Saleh drew the interest of the Exchange must be with the new fiscal year, the Iraq government's accounts cannot be registered in the same year, two forms of financial values" They cannot have 2 different exchange rates during the same fiscal year ...Iraq's fiscal year before they went under the Chapter 7 sanctions...so prior to 1990...was April through March... [post 1 of 2...stay tuned]
12-7-2020 Newshound Guru MilitiaMan Article: "Oil "disturbs" Iraq's 2021 budget: an expected update of the "dinar exchange rate" and amending the numbers to "reduce the financial deficit!" Quote: "...with a special committee from the Ministry of Finance and the International Monetary Fund to update the Iraqi dinar exchange rate before the end of the fiscal year,..." ...Look who is showing up tomorrow to meet with some key players...The Ministry of Finance and the IMF are talking about a change is coming to IQD exchange rate... They are going to a market economy are they not? They are not going to devalue that is sure, imo. They are going to increase the value, imo by the deletion of the three zeros from the exchange rate. Hence, the need for the new small category notes the CBI spent tens of millions on...The broadcasting of the exchange rate to change speaks out oh so very loudly...Lets see what they do next...
12-7-2020 Newshound Guru Pimpy Article: "Oil disturbs Iraq's 2021 budget: an expected update of the "dinar exchange rate" and amending the numbers to "reduce the financial deficit!" So here we go talking about the rate change again. It's been mentioned all week long...they're not even hiding it anymore. There is a lot of talk about the exchange rate...we know the rate change has to be discussed...It looks like they are going to make it part of the 2021 budget...yes, I'm excited like you are...
12-7-2020 Newshound Guru Jeff Most of their articles right now are talking about the exchange rate and launching their economy and getting it international. When they put an emphasis on something they're telling you what they're working on it. They're telling you they're in the process of working on that exchange rate. They're telling you they're at the end of the road and they're ready and preparing to change that exchange rate. They're telling you that is their next step. It does not get any better than where we stand right now. We are in the best position we've ever been in...
12-7-2020 Intel Guru MarkZ [via PDK] We have a crazy week ahead of us… Money did not move over the weekend and Iraq did not get a new rate. Still hearing lots of chatter from Iraq …they expect a vote on Tuesday or Wednesday (Note: not sure on what?)
12-7-2020 Newshound Guru Pimpy ...There is a lot of talk about the rate change. This whole past week has been crazy. Real crazy. Lots of articles about the rate and the rate change...and it's been back and forth. We heard they want to lop the zeros off...devalue the dinars...I told you guys it makes no sense. There's been lots of studies done that show that that's not a good move for Iraq because it effects the poor and devaluing your money is really bad when it comes to increasing the amount of debt. Now lopping the zeros off the exchange rate would be a huge benefit for us. There's been a lot of indications that that is the direction they plan on going to. No, we don't know the date. No, we don't know the rate...But they explained several times why they will not devalue the dinar...
12-7-2020 Newshound Guru Jeff Iraq is pretty much now out of Chapter 7 sanctions...They got off the OFAC list and everybody else's naughty list...this article came out yesterday "Oil disturbs Iraq's 2021 budget: an expected update of the dinar exchange rate and amending the number to reduce the financial deficit!" There's only one thing...that needs and requires the exchange rate. It's a reform payment for the funding of the reforms...And we know they have to make that payment by the end of March...that means they also have to change the rate by the end of March... Quote "the ministry of Finance and the International Monetary Fund to update the Iraqi dinar exchange rate before the end of the fiscal year." You guys are in the best position that you've ever been. Iraq can now change the rate anytime between now and the end of March. [post 2 of 2]
12-7-2020 Newshound Guru Jeff This is very very important. Here's an older article September 6, 2012 "Delete the zeros must be at the beginning of a fiscal year" They can only delete their zeros (that means change the rate) at the beginning of a new fiscal budget period...here's why...this is a different article from August 12, 2012 "Saleh drew the interest of the Exchange must be with the new fiscal year, the Iraq government's accounts cannot be registered in the same year, two forms of financial values" They cannot have 2 different exchange rates during the same fiscal year ...Iraq's fiscal year before they went under the Chapter 7 sanctions...so prior to 1990...was April through March... [post 1 of 2...stay tuned]
12-7-2020 Newshound Guru MilitiaMan Article: "Oil "disturbs" Iraq's 2021 budget: an expected update of the "dinar exchange rate" and amending the numbers to "reduce the financial deficit!" Quote: "...with a special committee from the Ministry of Finance and the International Monetary Fund to update the Iraqi dinar exchange rate before the end of the fiscal year,..." ...Look who is showing up tomorrow to meet with some key players...The Ministry of Finance and the IMF are talking about a change is coming to IQD exchange rate... They are going to a market economy are they not? They are not going to devalue that is sure, imo. They are going to increase the value, imo by the deletion of the three zeros from the exchange rate. Hence, the need for the new small category notes the CBI spent tens of millions on...The broadcasting of the exchange rate to change speaks out oh so very loudly...Lets see what they do next...
12-6-2020 Intel Guru Footforward ...their budgets have typically been running at the same time with Kuwait's fiscal year which is April to the end of March I believe... but they're fiscal year seems to be the end of December (Iraq's). People have long suspected that they are running two sets of books...if you are going to get into bed with the US which I believe they're going to then you're going to have to run a fiscal year of January to December. So I think they have two sets of books...They can revalue at any point in time that they please ...if they did revalue and it wasn't at the beginning of a fiscal year then they would have to revisit their budget at some point...
12-6-2020 Newshound Guru MilitiaMan Article: "Oil "disturbs" Iraq's 2021 budget: an expected update of the "dinar exchange rate" and amending the numbers to "reduce the financial deficit!" Quote: "to audit it in coordination with a special committee from the Ministry of Finance and the International Monetary Fund to update the Iraqi dinar exchange rate before the end of the fiscal year," EXPECTED... They just told the world openly that they are to update the exchange rate... The shot that was heard around the World!! or WHAT!!
12-6-2020 Intel Guru Delta Article: "the International Monetary Fund to update the exchange rate of the Iraqi dinar before the end of the fiscal year," here we have it boom...NEW EXCHANGE RATE COMING OUT BEFORE END OF THIS YEAR...
12-6-2020 Newshound Guru Breitling There's no reason at all for you not to be happy about this investment. No reason at all. Regardless of whether you wear your politics on your sleeve or not. Whether you're angry or happy or whatever that has nothing to do with what's going on. Just keep that in check. We're human beings. We're fallible. We're very very emotional about everything...the math and the policy that's coming out does not represent your feelings so you're fine...
12-6-2020 Newshound/Intel Guru David M. Witty Iraqi Parliamentary amendment committee fails to make any progress on article 140 of constitution regarding Baghdad-Erbil disputed areas. Some want to remove the article, some want to amend it, & some want to leave it as is.
12-6-2020 Newshound Guru MilitiaMan Article: "Oil "disturbs" Iraq's 2021 budget: an expected update of the "dinar exchange rate" and amending the numbers to "reduce the financial deficit!" Quote: "to audit it in coordination with a special committee from the Ministry of Finance and the International Monetary Fund to update the Iraqi dinar exchange rate before the end of the fiscal year," EXPECTED... They just told the world openly that they are to update the exchange rate... The shot that was heard around the World!! or WHAT!!
12-6-2020 Intel Guru Delta Article: "the International Monetary Fund to update the exchange rate of the Iraqi dinar before the end of the fiscal year," here we have it boom...NEW EXCHANGE RATE COMING OUT BEFORE END OF THIS YEAR...
12-6-2020 Newshound Guru Breitling There's no reason at all for you not to be happy about this investment. No reason at all. Regardless of whether you wear your politics on your sleeve or not. Whether you're angry or happy or whatever that has nothing to do with what's going on. Just keep that in check. We're human beings. We're fallible. We're very very emotional about everything...the math and the policy that's coming out does not represent your feelings so you're fine...
12-6-2020 Newshound/Intel Guru David M. Witty Iraqi Parliamentary amendment committee fails to make any progress on article 140 of constitution regarding Baghdad-Erbil disputed areas. Some want to remove the article, some want to amend it, & some want to leave it as is.
12-5-2020 Intel Guru Delta For the budget of 2021 ...there are negotiations between the Ministry of Finance and the International Monetary Fund regarding changing the exchange rate of the dollar, So that was one of the reasons for delay of the budget... new rate coming out ... IMO THEY ARE DONE
12-5-2020 Newshound Guru MilitiaMan Article: "It will create thousands of jobs" .. Iraq aspires to be the "main stop" on the Silk Road" Quote: "... Iraq will be the "main station" in the international land and sea road project, the "Silk Road" linking the two continents of Asia and Europe ,..." What do you bet the ink will dry quickly on the port deals with the rate exposed? Imo it is a given...
12-5-2020 Newshound Guru MilitiaMan Article: "The Central Bank and the Union of Arab Banks agree on the digital transformation of banking" Quote: "A statement by the Central Bank...stated that "the Secretary-General expressed his appreciation for the efforts aimed at strengthening the strength of the Iraqi banking sector and its ability to secure banking services in accordance with the highest international standards." Digital transformation...I hope everyone gets the bigger picture here...Digital is block chain ready and capable. Transparent and can interlink with secondary markets at a similar level, just as the customs are to be as well...They are ready now not next year...We shall see imo.
12-5-2020 Newshound/Intel Guru Mnt Goat Article: "AN ECONOMIST WARNS OF IRAQ LOSING THE DOLLAR AND INCREASING ITS VALUE AGAINST THE DINAR" Quote: "THE CONTINUED WASTE OF FOREIGN CURRENCY WILL INCREASE ITS VALUE AGAINST THE DINAR, in addition to that the prices of goods and commodities will rise dramatically, at a time when Iraq depends almost entirely on import." from this article does it sound like Iraq can wait much longer to reinstate the dinar? Just remember the “project to delete the zeros” is the precursor to the reinstatement. They cannot drastically increase the value of the dinar and get off the fake program rate without first getting lower denominations out in circulation. So this project is not the end in itself but a step in the right direction that will lead to the reinstatement.
12-5-2020 Newshound Guru MilitiaMan With the recent article about the parallel, secondary and cash markets we can deduce in short order that they are gearing for a change and pronto...imo...The numbers (exchange rate) are sensitive. They need to be undercover until the last moment...imo..
12-5-2020 Newshound Guru Breitling Here's what's interesting. I want you to understand this. Especially the pro Trump people. You know I'm a conservative. The people that created the Iraqi dinar are hoping that Biden gets in. That's Cheney, Bush Jr., Donald Rumsfeld all these guys. Isn't that kinda strange? A lot of people are incorrectly thinking that if Trump doesn't stay in office this thing is over...Cheney, Bush Jr., Donald Rumsfeld all these guys they want Biden to get in. Completely against what I want but that's the reality prism you need to look through...
12-5-2020 Newshound/Intel Guru Walkingstick and Intel Guru Frank26 The ATMs in Iraq's banks are soon to go live with the new small category notes because the ATMs must be on the same page with the banks of Iraq...they are not live right now but we will know when they go live...
12-5-2020 Newshound Guru MilitiaMan Article: "It will create thousands of jobs" .. Iraq aspires to be the "main stop" on the Silk Road" Quote: "... Iraq will be the "main station" in the international land and sea road project, the "Silk Road" linking the two continents of Asia and Europe ,..." What do you bet the ink will dry quickly on the port deals with the rate exposed? Imo it is a given...
12-5-2020 Newshound Guru MilitiaMan Article: "The Central Bank and the Union of Arab Banks agree on the digital transformation of banking" Quote: "A statement by the Central Bank...stated that "the Secretary-General expressed his appreciation for the efforts aimed at strengthening the strength of the Iraqi banking sector and its ability to secure banking services in accordance with the highest international standards." Digital transformation...I hope everyone gets the bigger picture here...Digital is block chain ready and capable. Transparent and can interlink with secondary markets at a similar level, just as the customs are to be as well...They are ready now not next year...We shall see imo.
12-5-2020 Newshound/Intel Guru Mnt Goat Article: "AN ECONOMIST WARNS OF IRAQ LOSING THE DOLLAR AND INCREASING ITS VALUE AGAINST THE DINAR" Quote: "THE CONTINUED WASTE OF FOREIGN CURRENCY WILL INCREASE ITS VALUE AGAINST THE DINAR, in addition to that the prices of goods and commodities will rise dramatically, at a time when Iraq depends almost entirely on import." from this article does it sound like Iraq can wait much longer to reinstate the dinar? Just remember the “project to delete the zeros” is the precursor to the reinstatement. They cannot drastically increase the value of the dinar and get off the fake program rate without first getting lower denominations out in circulation. So this project is not the end in itself but a step in the right direction that will lead to the reinstatement.
12-5-2020 Newshound Guru MilitiaMan With the recent article about the parallel, secondary and cash markets we can deduce in short order that they are gearing for a change and pronto...imo...The numbers (exchange rate) are sensitive. They need to be undercover until the last moment...imo..
12-5-2020 Newshound Guru Breitling Here's what's interesting. I want you to understand this. Especially the pro Trump people. You know I'm a conservative. The people that created the Iraqi dinar are hoping that Biden gets in. That's Cheney, Bush Jr., Donald Rumsfeld all these guys. Isn't that kinda strange? A lot of people are incorrectly thinking that if Trump doesn't stay in office this thing is over...Cheney, Bush Jr., Donald Rumsfeld all these guys they want Biden to get in. Completely against what I want but that's the reality prism you need to look through...
12-5-2020 Newshound/Intel Guru Walkingstick and Intel Guru Frank26 The ATMs in Iraq's banks are soon to go live with the new small category notes because the ATMs must be on the same page with the banks of Iraq...they are not live right now but we will know when they go live...
12-4-2020 Newshound Guru MilitiaMan Article: "An economist calls for deleting the three zeros from the dinar to strengthen the local currency." Quote: "He added: The monetary mass can become approximately 15 to 25 trillion (billion?) dinars and the value of the new dinar converges to the value of the dollar, which facilitates the process of calculation and allows small and new denominations of cash to appear in the money market." The economist in the above seems to b suggesting a new dinar is to be the value of the dollar... If that is not leakage I don't know what is. There are people on the ground in Iraq talking about the exchange rate change that is coming. This is evidence of it too. We know they printed a new issue of currency from the CBI site, imo. They spent money and large sums of money on it. To adjust to or converge to the value of the dollar, they will have a need for the new issue...
12-4-2020 Intel Guru Bruce [via WiserNow] ...We’ve got things happening – things moving...which lends us to believe – hey ...this is different...things are happening that are pushing us along – moving us forward... we thought for sure we would be done by the 15th of December – now our new date appears to be the 22nd of December... I believe Pres Trump wants this to happen so that we have an unusually strong Christmas...I am excited...
12-4-2020 Intel Guru Delta This is the first time I see coordination between the parliament, the government and the CBI. For the first time ever you see parliament asking the CBI to delete the 3 zeros and make the currency stronger. We've never had this before. This is good news because everyone is lining up with everything...
12-4-2020 Intel Guru Footforward [When does the 2021 budget start?] they are trying to vote on it this Saturday. It would come into effect April 1, 2021...But I've always felt the budget doesn't matter...
12-4-2020 Intel Guru MarkZ [via PDK] The chatter out of Iraq is that they are looking for a new rate…possibly as early as Saturday...which is tomorrow …or by Sunday morning. They are moving forward and things are heating up…. I have been told by 3 people on the ground that this is their target…I will be staying close to the computers and the phones this weekend and if I get any breaking news I will share it with you…I am very excited that things seem to be heating up again finally…
12-4-2020 Intel Guru Frank26 someone says to me 'Frank, if Biden is elected president this all goes down the toilet doesn't it?" As far as the Iraqi dinar monetary reform goes that belongs to Iraq and Iraq is a sovereign country. They can do what they want...Iraq is now going to be the central financial hub of the Middle East and all the middle eastern countries will support them in a basket...
12-4-2020 Newshound/Intel Guru Mnt Goat Article: "IRAQI GOVERNMENT SETS NEW DATE FOR DEBATE ON 2021 BUDGET BILL" Quote: "He added that the government is continuing to hold elections on time." We need to all pray that the CBI moves ahead, as planned, to reinstate the dinar prior to elections in June. If not we could be waiting yet another year.
12-4-2020 Intel Guru Bruce [via WiserNow] ...We’ve got things happening – things moving...which lends us to believe – hey ...this is different...things are happening that are pushing us along – moving us forward... we thought for sure we would be done by the 15th of December – now our new date appears to be the 22nd of December... I believe Pres Trump wants this to happen so that we have an unusually strong Christmas...I am excited...
12-4-2020 Intel Guru Delta This is the first time I see coordination between the parliament, the government and the CBI. For the first time ever you see parliament asking the CBI to delete the 3 zeros and make the currency stronger. We've never had this before. This is good news because everyone is lining up with everything...
12-4-2020 Intel Guru Footforward [When does the 2021 budget start?] they are trying to vote on it this Saturday. It would come into effect April 1, 2021...But I've always felt the budget doesn't matter...
12-4-2020 Intel Guru MarkZ [via PDK] The chatter out of Iraq is that they are looking for a new rate…possibly as early as Saturday...which is tomorrow …or by Sunday morning. They are moving forward and things are heating up…. I have been told by 3 people on the ground that this is their target…I will be staying close to the computers and the phones this weekend and if I get any breaking news I will share it with you…I am very excited that things seem to be heating up again finally…
12-4-2020 Intel Guru Frank26 someone says to me 'Frank, if Biden is elected president this all goes down the toilet doesn't it?" As far as the Iraqi dinar monetary reform goes that belongs to Iraq and Iraq is a sovereign country. They can do what they want...Iraq is now going to be the central financial hub of the Middle East and all the middle eastern countries will support them in a basket...
12-4-2020 Newshound/Intel Guru Mnt Goat Article: "IRAQI GOVERNMENT SETS NEW DATE FOR DEBATE ON 2021 BUDGET BILL" Quote: "He added that the government is continuing to hold elections on time." We need to all pray that the CBI moves ahead, as planned, to reinstate the dinar prior to elections in June. If not we could be waiting yet another year.
12-3-2020 Newshound Guru Adam Montana Article: "Final touches on the amendment of the law of the national oil company" Quote: "The Parliamentary Oil and Energy Committee put "the final touches" on amending the law of the national oil company, indicating that it will pave the way for the initiation of the oil and gas law." THIS IS HCL... What more do I need to say?! The good news just keeps piling up! GO RRRVVVV!!!
12-3-2020 Newshound/Intel Guru Walkingstick and Intel Guru Frank26 Do you remember I told you about the satellite banks? The CBI established many many banks. And they started with the United States of America, remember? ...the CBI will tell you about these banks when they lift the value because they are going to want you to go into these banks to exchange your dinar there. You know why? Because those banks will send the dinars back to the CBI. If you go into an American bank they are going to send it to the United States Treasury. They need to collect all their 3 zeros. All these satellite banks IMO are now notified.
12-3-2020 Newshound/Intel Guru Mnt Goat Folks today the news is all about the monetary policy of Iraq and what to do with the currency. Can the news get any clearer than this that they are debating a course of action? ...I know they have already decided a course of action...I am in communication with the CBI. I have been told they are going to move ahead with the project to delete the zeros sometimes prior to Christmas holidays in preparation for the early January reinstatement. ...The initial rate once they drop the zeros will be right around what I told you...It has not changed. [reference Mnt Goat posts 10-14-2020 & 10-9-2020, part 3] ...remember they must wait a period of time to monitor for inflation prior to the FOREX reinstatement. I believe this is the time when they may allow us to come in and exchange...
12-3-2020 Intel Guru Delta ...For the first time ever they [Iraq's parliament] demanded the CBI to lift the 3 zeros. We dreamed about this...remember everyone before was against it. But now it's all over the news. We are on the verge to see something...there is a very high possibility, I may be wrong, they told us the 2021 budget has the rate. The council of ministers is going to pass it on Saturday. That means if there's a rate in it then everyone [Parliament] is going to be exposed...so sometimes between now and then IMO that is another possible window maybe the CBI might show us the rate. Unless the government postpones that [passing along the budget] again...
12-3-2020 Newshound/Intel Guru Walkingstick and Intel Guru Frank26 We believe IOO that the floor managers of Iraqi banks are now receiving the information that the executive level and the senior executive level have received.
12-3-2020 Intel Guru Frank26 ...It's going fast...I say this in a very facetious way, I'm kinda bored. All they do is talk about [In articles] is a new exchange rate, lifting the 3 zeros, a new currency! <playful yawn>...the beauty is that they're talking about it...it's pretty obvious...Everybody knows! It's very hard to keep a secret in Iraq...
12-3-2020 Newshound Guru Breitling It's a beautiful thing what's happening right now. One way or the other I promise you it doesn't matter if Biden is in there or Trump is in there. Nothing has been taken off the table. The difference is going to be the rate on it climbing. Under Biden or Under Trump it's going to come out the same rate whether it's .53, .46, .70 whatever but how it climbs from that point on will be determined on the way they're structured the market. Biden is different from Trump. That's all it is...it's the speed that changes. That's it. So nothing to worry about...
12-3-2020 Intel Guru MarkZ [via PDK] [What is your best guess on the dong rate...] My best guess is it is going to be around $2.25…this is just a guess…that is what I have heard, and seen when doing research….and what makes the most sense imo.
12-3-2020 Intel Guru Bruce [via WiserNow] The latest information is telling us that certain banks - our sources for this – from the high end corporate level – that we are in a very narrow window right now – in fact – from 4 separate sources I am getting a within 36 hour window ...from 8 o’clock Eastern – tonight [Tuesday]...the timing for the release...from a very interesting and qualified source... depending on what time zone you’re in...this could be a very late at night or very early morning event for us...I’m excited – more than I’ve ever been – the fact that it really does appear this is coming to a distinctly beautiful ending for us... [post 2 of 2]
12-3-2020 Intel Guru Bruce [via WiserNow] ...we have reason to believe that some green light so to speak have been lit already and...we are expecting things to happen in a relatively short period of time for us...the information we’re getting out of Iraq is that the ATM machines that are loaded in Iraq with the lower denominations of the new Iraqi Dinar are to be switched on and finally turned on either tomorrow (Wed) or Thursday. ...we are looking for Iraq to put out an international rate...probably tomorrow [Wed] or Thursday... [post 1 of 2....stay tuned]
12-3-2020 Newshound/Intel Guru Walkingstick and Intel Guru Frank26 Do you remember I told you about the satellite banks? The CBI established many many banks. And they started with the United States of America, remember? ...the CBI will tell you about these banks when they lift the value because they are going to want you to go into these banks to exchange your dinar there. You know why? Because those banks will send the dinars back to the CBI. If you go into an American bank they are going to send it to the United States Treasury. They need to collect all their 3 zeros. All these satellite banks IMO are now notified.
12-3-2020 Newshound/Intel Guru Mnt Goat Folks today the news is all about the monetary policy of Iraq and what to do with the currency. Can the news get any clearer than this that they are debating a course of action? ...I know they have already decided a course of action...I am in communication with the CBI. I have been told they are going to move ahead with the project to delete the zeros sometimes prior to Christmas holidays in preparation for the early January reinstatement. ...The initial rate once they drop the zeros will be right around what I told you...It has not changed. [reference Mnt Goat posts 10-14-2020 & 10-9-2020, part 3] ...remember they must wait a period of time to monitor for inflation prior to the FOREX reinstatement. I believe this is the time when they may allow us to come in and exchange...
12-3-2020 Intel Guru Delta ...For the first time ever they [Iraq's parliament] demanded the CBI to lift the 3 zeros. We dreamed about this...remember everyone before was against it. But now it's all over the news. We are on the verge to see something...there is a very high possibility, I may be wrong, they told us the 2021 budget has the rate. The council of ministers is going to pass it on Saturday. That means if there's a rate in it then everyone [Parliament] is going to be exposed...so sometimes between now and then IMO that is another possible window maybe the CBI might show us the rate. Unless the government postpones that [passing along the budget] again...
12-3-2020 Newshound/Intel Guru Walkingstick and Intel Guru Frank26 We believe IOO that the floor managers of Iraqi banks are now receiving the information that the executive level and the senior executive level have received.
12-3-2020 Intel Guru Frank26 ...It's going fast...I say this in a very facetious way, I'm kinda bored. All they do is talk about [In articles] is a new exchange rate, lifting the 3 zeros, a new currency! <playful yawn>...the beauty is that they're talking about it...it's pretty obvious...Everybody knows! It's very hard to keep a secret in Iraq...
12-3-2020 Newshound Guru Breitling It's a beautiful thing what's happening right now. One way or the other I promise you it doesn't matter if Biden is in there or Trump is in there. Nothing has been taken off the table. The difference is going to be the rate on it climbing. Under Biden or Under Trump it's going to come out the same rate whether it's .53, .46, .70 whatever but how it climbs from that point on will be determined on the way they're structured the market. Biden is different from Trump. That's all it is...it's the speed that changes. That's it. So nothing to worry about...
12-3-2020 Intel Guru MarkZ [via PDK] [What is your best guess on the dong rate...] My best guess is it is going to be around $2.25…this is just a guess…that is what I have heard, and seen when doing research….and what makes the most sense imo.
12-3-2020 Intel Guru Bruce [via WiserNow] The latest information is telling us that certain banks - our sources for this – from the high end corporate level – that we are in a very narrow window right now – in fact – from 4 separate sources I am getting a within 36 hour window ...from 8 o’clock Eastern – tonight [Tuesday]...the timing for the release...from a very interesting and qualified source... depending on what time zone you’re in...this could be a very late at night or very early morning event for us...I’m excited – more than I’ve ever been – the fact that it really does appear this is coming to a distinctly beautiful ending for us... [post 2 of 2]
12-3-2020 Intel Guru Bruce [via WiserNow] ...we have reason to believe that some green light so to speak have been lit already and...we are expecting things to happen in a relatively short period of time for us...the information we’re getting out of Iraq is that the ATM machines that are loaded in Iraq with the lower denominations of the new Iraqi Dinar are to be switched on and finally turned on either tomorrow (Wed) or Thursday. ...we are looking for Iraq to put out an international rate...probably tomorrow [Wed] or Thursday... [post 1 of 2....stay tuned]
12-2-2020 Newshound Guru Jeff "Deleting the zeros" could mean deleting zeros off of the physical note themselves or off the rate. When they reference "delete the zeros" they mean in a way 2 things. They do mean delete zeros off the note but that's because...they're gonna replace the larger 3 zeroed notes with smaller notes and nothing greater than a 100 dinar. But the phrase "deleting the zeros" really means deleting zeros off the exchange rate [.00086 becomes .86 ]. The only way they can strengthen the dinar is to replace large notes with small notes and delete zeros off the exchange rate to increase the value. That's all this means. Nothing more.
12-2-2020 Intel Guru Frank26 ...IMO there are 5 steps that we are looking at...What are the 5 steps? 1. The executive bankers they met with the CBI and the CBI told the executive branch level of all the banks in Iraq this is what we are doing with the monetary reform. The count. The printing. The new exchange rate. The date we want to do this. The rate we're gonna come out at...that was two weeks ago...now step 2. The Senior executive level at the banks. That was last week...step 3. This week the floor managers are going to start receiving their information...Step 4 that would be the tellers...that will probably be more than likely next week or the week after. The Managers this week and then it goes to the tellers... Step 5. The Citizens...it's going fast.
12-2-2020 Newshound/Intel Guru Mnt Goat Article: "THE INTERNATIONAL MONETARY FUND INTENDS TO LEND IRAQ 7 BILLION DOLLARS"...we know Iraq does not have the funds to pay salaries beyond September. They are late already paying our November’s. Okay so why would the IMF all of sudden change its mind and decide to loan Iraq money? They just told us 6 months ago there was a moratorium on loaning any money to Iraq . So, what has changed? I will tell you...it was the fact that Iraq presented the “white paper” and the second major reform on it is the project to delete the zeros...by completing this project it leads to the reinstatement we are looking for. ...this article is yet another indication that the reinstatement is much sooner than later.
12-2-2020 Newshound Guru Pimpy ...the deletion of the zeros what that means is devaluing the currency the Iraqi dinar. Which is not the same as deleting the zeros off the rate. That's different. I'm talking about deleting the zeros off the dinar. So what happens is 1000 dinar becomes 1 dinar...that doesn't help Iraq at all...There's a lot of back and forth about this...you've got one person talking about they need to delete off the exchange rate, which we love and support that of course because that's good for us. But the deletion off the currency is not good...just be happy that they're talking about it...we want to see what they do not what they say...
12-2-2020 Newshound Guru Breitling People are looking at the Iraqi dinar and saying, 'there has never been a currency ever that they added that much value over night. How can they do that." ...that value was taken away. It's not inflation. How did they take it away? They printed more currency..
12-2-2020 Intel Guru MarkZ [via PDK] What I am seeing right now is continued in Iraq and Vietnam as they prepare for the change in the value of their currencies. This is what brings me the most comfort right now. It has gone from the CBI level to the individual bank level in Iraq as they work on the education process. ...timing wise my best guess is it will happen sooner rather than later.
12-2-2020 Intel Guru Bluwolf ...I don't control this outcome...that is up to your Commander in Chief and...my voice as of many others have reach his ears and we have encourage to give the GO. And you know what he is really pushing it forward thanks to all who have written to him. We encourage him to release the RV/redemption last 2nd of October and he ordered it but then because of a security breach that was postponed somehow till today...Your blessing are now just hours away... And this will only get done if Mr.President overrides everything and does so. ..."WE WILL HAVE A MERRY CHRISTMAS."
[post 2 of 2]
12-2-2020 Intel Guru Bluwolf ...I like many have very good sources and in very high places...I take my responsibility very seriously...I speak only when the time is precise and I cut it very short...The variables or shifts that transpire is not because of false information but SIMPLY BECAUSE OF CORRUPT GOVERNMENT PARTIES AND THERE PUPPETRY AGENDAS AND THE SO CALL ELITES... [post 1 of 2....stay tuned]
12-2-2020 Intel Guru Frank26 ...By raising the value of the Iraq dinar the citizens can go and buy these bonds as an investment with the Iraqi dinar...If you try to buy these bonds with the American dollar the GOI is going to tell you - nope. No can do. You have to buy with Iraqi dinars...by selling these bonds it's going to help the dinar - monetary reform. Brilliant. [Post 2 of 2]
12-2-2020 Intel Guru Frank26 Article: "Iraq seeks to "sell things" at about $5 billion to citizens" ...This is huge. This is monstrous. Bonds. No other guru is talking to you about this...this is so important. The article very plainly tells you, 'we are going to fix the exchange rate...it's going to be fixed against the American dollar." That's a rate of 1 to 1. They told you that many years ago and now they're telling you again now... [Post 1 of 2....stay tuned]
12-2-2020 Newshound Guru Jeff Article: "An economist calls for deleting the three zeros from the dinar to strengthen the local currency" Another good article to share with you...talking about deleting the zeros to strengthen the dinar. Notice how they used the word "strengthen" the dinar. I don't have to tell you from my opinion it's strengthening. They're telling you it's strengthening...over the last 3 to 6 months they put a lot of articles out talking about devaluing the Iraq dinar. Now they're talking about strengthening the dinar...notice how they're doing this now and they've put an emphasis on it for the past week...this article straight up tells you strengthening the Iraq dinar...
12-2-2020 Intel Guru Frank26 ...IMO there are 5 steps that we are looking at...What are the 5 steps? 1. The executive bankers they met with the CBI and the CBI told the executive branch level of all the banks in Iraq this is what we are doing with the monetary reform. The count. The printing. The new exchange rate. The date we want to do this. The rate we're gonna come out at...that was two weeks ago...now step 2. The Senior executive level at the banks. That was last week...step 3. This week the floor managers are going to start receiving their information...Step 4 that would be the tellers...that will probably be more than likely next week or the week after. The Managers this week and then it goes to the tellers... Step 5. The Citizens...it's going fast.
12-2-2020 Newshound/Intel Guru Mnt Goat Article: "THE INTERNATIONAL MONETARY FUND INTENDS TO LEND IRAQ 7 BILLION DOLLARS"...we know Iraq does not have the funds to pay salaries beyond September. They are late already paying our November’s. Okay so why would the IMF all of sudden change its mind and decide to loan Iraq money? They just told us 6 months ago there was a moratorium on loaning any money to Iraq . So, what has changed? I will tell you...it was the fact that Iraq presented the “white paper” and the second major reform on it is the project to delete the zeros...by completing this project it leads to the reinstatement we are looking for. ...this article is yet another indication that the reinstatement is much sooner than later.
12-2-2020 Newshound Guru Pimpy ...the deletion of the zeros what that means is devaluing the currency the Iraqi dinar. Which is not the same as deleting the zeros off the rate. That's different. I'm talking about deleting the zeros off the dinar. So what happens is 1000 dinar becomes 1 dinar...that doesn't help Iraq at all...There's a lot of back and forth about this...you've got one person talking about they need to delete off the exchange rate, which we love and support that of course because that's good for us. But the deletion off the currency is not good...just be happy that they're talking about it...we want to see what they do not what they say...
12-2-2020 Newshound Guru Breitling People are looking at the Iraqi dinar and saying, 'there has never been a currency ever that they added that much value over night. How can they do that." ...that value was taken away. It's not inflation. How did they take it away? They printed more currency..
12-2-2020 Intel Guru MarkZ [via PDK] What I am seeing right now is continued in Iraq and Vietnam as they prepare for the change in the value of their currencies. This is what brings me the most comfort right now. It has gone from the CBI level to the individual bank level in Iraq as they work on the education process. ...timing wise my best guess is it will happen sooner rather than later.
12-2-2020 Intel Guru Bluwolf ...I don't control this outcome...that is up to your Commander in Chief and...my voice as of many others have reach his ears and we have encourage to give the GO. And you know what he is really pushing it forward thanks to all who have written to him. We encourage him to release the RV/redemption last 2nd of October and he ordered it but then because of a security breach that was postponed somehow till today...Your blessing are now just hours away... And this will only get done if Mr.President overrides everything and does so. ..."WE WILL HAVE A MERRY CHRISTMAS."
[post 2 of 2]
12-2-2020 Intel Guru Bluwolf ...I like many have very good sources and in very high places...I take my responsibility very seriously...I speak only when the time is precise and I cut it very short...The variables or shifts that transpire is not because of false information but SIMPLY BECAUSE OF CORRUPT GOVERNMENT PARTIES AND THERE PUPPETRY AGENDAS AND THE SO CALL ELITES... [post 1 of 2....stay tuned]
12-2-2020 Intel Guru Frank26 ...By raising the value of the Iraq dinar the citizens can go and buy these bonds as an investment with the Iraqi dinar...If you try to buy these bonds with the American dollar the GOI is going to tell you - nope. No can do. You have to buy with Iraqi dinars...by selling these bonds it's going to help the dinar - monetary reform. Brilliant. [Post 2 of 2]
12-2-2020 Intel Guru Frank26 Article: "Iraq seeks to "sell things" at about $5 billion to citizens" ...This is huge. This is monstrous. Bonds. No other guru is talking to you about this...this is so important. The article very plainly tells you, 'we are going to fix the exchange rate...it's going to be fixed against the American dollar." That's a rate of 1 to 1. They told you that many years ago and now they're telling you again now... [Post 1 of 2....stay tuned]
12-2-2020 Newshound Guru Jeff Article: "An economist calls for deleting the three zeros from the dinar to strengthen the local currency" Another good article to share with you...talking about deleting the zeros to strengthen the dinar. Notice how they used the word "strengthen" the dinar. I don't have to tell you from my opinion it's strengthening. They're telling you it's strengthening...over the last 3 to 6 months they put a lot of articles out talking about devaluing the Iraq dinar. Now they're talking about strengthening the dinar...notice how they're doing this now and they've put an emphasis on it for the past week...this article straight up tells you strengthening the Iraq dinar...
12-1-2020 Newshound/Intel Guru Mnt Goat Article: "CUSTOMS: AUTOMATING OUR PROCEDURES ACCORDING TO THE ASYCUDA SYSTEM WILL AFFECT THE DEVELOPMENT OF THE IRAQI ECONOMY" ...the electronic international AsyCoda system can not work without being connected to FOREX. Yes, they can then get the rates for all the currencies except the Iraqi dinar. How will this system work then? It won’t and they are stuck until they reinstate the dinar back on FOREX...this is a FACT. ...this article is an indication to us that they are moving ahead to the reinstatement timeframe and necessity to do it sooner than later.
12-1-2020 Newshound Guru Breitling Who's going to be the next president? The policy will completely change...even though policy changes...Iraq's agenda and what they want to do and what they have to do is not going to change...stop living in fear...
12-1-2020 Newshound Guru Jeff We are in a great position because we're at the end. Iraq is back to the good news. The real news. When Iraq finished the borrowing law that was the last step they needed to change the rate. They're showing you this. That's why now that they finished the borrowing law they are talking about improving the exchange rate and reforming the banking sector.
12-1-2020 Intel Guru MarkZ [via PDK] I am firmly in the camp that the VND will revalue with the dinar. Iraq holds a considerable amount of VND in their Treasury of foreign currency reserves and Vietnam holds a considerable amount of Dinar in theirs…They have intertwined themselves in each others futures by holding each others currencies in their foreign currency reserves…many countries hold those two currencies in their reserves…even the US has a lot because they know what is coming…
12-1-2020 Newshound/Intel Guru Mnt Goat ...we wait and listen for signs and information from the CBI. This is our only course of action is trying to figure out a close proximity to the reinstatement timeframe...We know the case can be made to look to early January 2021 for the reinstatement of the Iraqi dinar. There is just too much information...not to go in this direction of thinking. This week’s news proves that they are moving in this direction...
12-1-2020 Newshound Guru Jeff Article: "Finance Minister Ali Allawi praises the efforts of the Iraqi Private Banking Association in support of economic reform" Now they're talking about improving their exchange rate, deleting zeros, bringing forth new taxes and reforming their banking sector. The borrowing law was the last step. They're now ready to do the rate change. That's what they're telling here...through this past week they they put a huge emphasis on improving the exchange rate - when Iraq puts an emphasis on something new it takes them 3 to 4 month.
12-1-2020 Intel Guru Frank26 "Deleting the zeros from the currency" what does that mean? It means collecting the notes that are out in the streets, under the beds of Iraqi citizens, the 3 zero notes that you have...the new exchange rate also lifts 3 zeros because the exchange rate .00085 becomes .85...
12-1-2020 Newshound Guru Breitling ...Iraq is going to add value to the currency...who cares about how long you've had to wait...that has no factor at all in the reality that the Iraqi dinar is under valued...they have a plan to add value to it... you should be very happy about what could happen either way [Trump or Biden]...you can be confident with either or. That's it.
12-1-2020 Newshound Guru Jeff ...you see the facts as I bring them to you. They paint a picture. They're walking you to the finish line. One of the main things I told you was after the borrowing law Iraq would be ready to change the rate. After they finished the borrowing law...the very next level of things they talk about - increasing the change rate. That's been one of their new emphasis since last Sunday of last weekend, a week ago. And reforming the banking sector...that's great news we're right on the edge of this...
12-1-2020 Newshound Guru Breitling Who's going to be the next president? The policy will completely change...even though policy changes...Iraq's agenda and what they want to do and what they have to do is not going to change...stop living in fear...
12-1-2020 Newshound Guru Jeff We are in a great position because we're at the end. Iraq is back to the good news. The real news. When Iraq finished the borrowing law that was the last step they needed to change the rate. They're showing you this. That's why now that they finished the borrowing law they are talking about improving the exchange rate and reforming the banking sector.
12-1-2020 Intel Guru MarkZ [via PDK] I am firmly in the camp that the VND will revalue with the dinar. Iraq holds a considerable amount of VND in their Treasury of foreign currency reserves and Vietnam holds a considerable amount of Dinar in theirs…They have intertwined themselves in each others futures by holding each others currencies in their foreign currency reserves…many countries hold those two currencies in their reserves…even the US has a lot because they know what is coming…
12-1-2020 Newshound/Intel Guru Mnt Goat ...we wait and listen for signs and information from the CBI. This is our only course of action is trying to figure out a close proximity to the reinstatement timeframe...We know the case can be made to look to early January 2021 for the reinstatement of the Iraqi dinar. There is just too much information...not to go in this direction of thinking. This week’s news proves that they are moving in this direction...
12-1-2020 Newshound Guru Jeff Article: "Finance Minister Ali Allawi praises the efforts of the Iraqi Private Banking Association in support of economic reform" Now they're talking about improving their exchange rate, deleting zeros, bringing forth new taxes and reforming their banking sector. The borrowing law was the last step. They're now ready to do the rate change. That's what they're telling here...through this past week they they put a huge emphasis on improving the exchange rate - when Iraq puts an emphasis on something new it takes them 3 to 4 month.
12-1-2020 Intel Guru Frank26 "Deleting the zeros from the currency" what does that mean? It means collecting the notes that are out in the streets, under the beds of Iraqi citizens, the 3 zero notes that you have...the new exchange rate also lifts 3 zeros because the exchange rate .00085 becomes .85...
12-1-2020 Newshound Guru Breitling ...Iraq is going to add value to the currency...who cares about how long you've had to wait...that has no factor at all in the reality that the Iraqi dinar is under valued...they have a plan to add value to it... you should be very happy about what could happen either way [Trump or Biden]...you can be confident with either or. That's it.
12-1-2020 Newshound Guru Jeff ...you see the facts as I bring them to you. They paint a picture. They're walking you to the finish line. One of the main things I told you was after the borrowing law Iraq would be ready to change the rate. After they finished the borrowing law...the very next level of things they talk about - increasing the change rate. That's been one of their new emphasis since last Sunday of last weekend, a week ago. And reforming the banking sector...that's great news we're right on the edge of this...
11-30-2020 Newshound Guru Breitling When they start adding value to the currency it's going to be the same with Trump or Biden. But what's going to determine its final outcome is a different path. For Trump it's a long term deal. For Biden it's probably going to be a short-term deal. And that's how you have to look at it.
11-30-2020 Intel Guru MarkZ [via PDK] I hear we may need a shutdown…I think we are inching closer to that over the next week. I am hearing after the 10th or so…I think during this shut down…this is when they will bring us in for our exchanges… [is this info from DC, just Chatter, rumors or intel?] Based on where it came from I would call it good intel at this point. Pretty solid.
11-30-2020 Newshound Guru Jeff History is repeating itself right now. Iraq is walking in Kuwait's footsteps. You are going to see a lot of things repeating itself as Iraq moves forward...Kuwait changed their rate on Sunday March 24th 1991...
11-30-2020 Newshound Guru Breitling ...Here's the bigger picture...remember Iraq under George Bush Jr. said they wanted to create a new currency [Iraqi dinar] that would be used as a foreign currency reserve in other countries...they'll want to get it to the $3.25 range and they'll want to get it so that it's going to be a foreign reserve currency for other countries...that was their original plan...What's the prediction? ...My prediction is they are going to revalue. My prediction is under Biden it's one plan and under Trump it's a different plan...
11-30-2020 Intel Guru MarkZ [via PDK] My contacts in Iraq are still exceptionally excited…I spoke to one who is a Sargent Major or an E9, and he brought up how close this is to finally happen…he talked about the education process ongoing with the Iraqi people...he is a dinar holder as many military leaders are…over the last 2 weeks in Iraq, they have the LD’s ready to go and have been actually training branch tellers and bank employees...it has reached a whole new level of training in Iraq...There has been a lot of movement over there.
11-30-2020 Intel Guru RayRen98 PM Kadhimi gave the order today to send the 2021 budget to the Council of Ministers for their immediate review. The Kurds are bringing a delegation to Baghdad tomorrow to resolve issues relating to the 2021 budget, based on it being presented to the Council of Ministers this week.
11-30-2020 Newshound Guru Jeff This is an amazing article "Representative Finance: The proposal for a "white paper" to replace the currency requires a lot of money" ...now they're talking about reviewing the exchange rate and replacing the currency...guys it doesn't get any better than that. They're blatantly telling you that they are ready to improve their exchange rate and delete the zeros from the currency...but again it takes them 3 to 4 months to do it. [Post 2 of 2]
11-30-2020 Newshound Guru Jeff They are pouring articles out left and right talking about deleting the zeros, new revenues, taxation, improving the exchange rate of the Iraq dinar. They're now telling you there's nothing left for them to change the rate...you're in the best position right now. Ever. They're blatantly telling you they have nothing left and they are ready to change the rate. But you got to remember when they put a new emphasis on something it takes them 3 to 4 months to do it... [Post 1 of 2....stay tuned]
11-30-2020 Newshound Guru Breitling ...People keep forgetting - the currency [Iraqi dinar] is undervalued. They devalued the currency. That's not a market rate. They kept printing the currency. They even said that they were going to do that. And they did that. So when they say they want to add value to the currency, I believe them because they followed through on everything... they are going to add value to their currency.
11-30-2020 Intel Guru MarkZ [via PDK] I hear we may need a shutdown…I think we are inching closer to that over the next week. I am hearing after the 10th or so…I think during this shut down…this is when they will bring us in for our exchanges… [is this info from DC, just Chatter, rumors or intel?] Based on where it came from I would call it good intel at this point. Pretty solid.
11-30-2020 Newshound Guru Jeff History is repeating itself right now. Iraq is walking in Kuwait's footsteps. You are going to see a lot of things repeating itself as Iraq moves forward...Kuwait changed their rate on Sunday March 24th 1991...
11-30-2020 Newshound Guru Breitling ...Here's the bigger picture...remember Iraq under George Bush Jr. said they wanted to create a new currency [Iraqi dinar] that would be used as a foreign currency reserve in other countries...they'll want to get it to the $3.25 range and they'll want to get it so that it's going to be a foreign reserve currency for other countries...that was their original plan...What's the prediction? ...My prediction is they are going to revalue. My prediction is under Biden it's one plan and under Trump it's a different plan...
11-30-2020 Intel Guru MarkZ [via PDK] My contacts in Iraq are still exceptionally excited…I spoke to one who is a Sargent Major or an E9, and he brought up how close this is to finally happen…he talked about the education process ongoing with the Iraqi people...he is a dinar holder as many military leaders are…over the last 2 weeks in Iraq, they have the LD’s ready to go and have been actually training branch tellers and bank employees...it has reached a whole new level of training in Iraq...There has been a lot of movement over there.
11-30-2020 Intel Guru RayRen98 PM Kadhimi gave the order today to send the 2021 budget to the Council of Ministers for their immediate review. The Kurds are bringing a delegation to Baghdad tomorrow to resolve issues relating to the 2021 budget, based on it being presented to the Council of Ministers this week.
11-30-2020 Newshound Guru Jeff This is an amazing article "Representative Finance: The proposal for a "white paper" to replace the currency requires a lot of money" ...now they're talking about reviewing the exchange rate and replacing the currency...guys it doesn't get any better than that. They're blatantly telling you that they are ready to improve their exchange rate and delete the zeros from the currency...but again it takes them 3 to 4 months to do it. [Post 2 of 2]
11-30-2020 Newshound Guru Jeff They are pouring articles out left and right talking about deleting the zeros, new revenues, taxation, improving the exchange rate of the Iraq dinar. They're now telling you there's nothing left for them to change the rate...you're in the best position right now. Ever. They're blatantly telling you they have nothing left and they are ready to change the rate. But you got to remember when they put a new emphasis on something it takes them 3 to 4 months to do it... [Post 1 of 2....stay tuned]
11-30-2020 Newshound Guru Breitling ...People keep forgetting - the currency [Iraqi dinar] is undervalued. They devalued the currency. That's not a market rate. They kept printing the currency. They even said that they were going to do that. And they did that. So when they say they want to add value to the currency, I believe them because they followed through on everything... they are going to add value to their currency.
11-29-2020 Intel Guru RayRen98 WELL, BANKS WERE STAFFED TODAY AT THEIR RESPECTIVE EXCHANGE CENTERS...WAITING... LOOKING... ANTICIPATING...THE INEVITABLE.
11-29-2020 Intel Guru Austin Powers-For-PM Article: "The Iraqi government announces a positive development regarding the 2021 budget" Quote: “The seriousness of the Iraqi government in sending the draft budget bill for 2021 to the Iraqi parliament this week.” It sounds like they are seriously "On the clock".
11-29-2020 Newshound Guru Jeff This week is when Iraq finally came forward talking about how they really need to do something with the exchange rate. They just starting this roughly since last weekend. It's a new patter for about a week now. Article: "Parliamentary Finance issues a package of reforms that include imposing a value-added tax and reviewing the dollar exchange rate" Here they're talking about deleting the zeros, doing something with the exchange rate and implementing taxes. Notice how this type information did not come forward until Iraq finished the borrowing law. Remember I stressed to you the borrowing law was the last step needed before they could change their rate? There you go. Now they can change the rate at any point in time. But they have to do it by the end of March...we're in a great spot right now...
11-29-2020 Newshound Guru Breitling ...So what does Iraq have to do under a Biden administration? What do they want to do? They want to add value to their currency...Trump's plan...is more of a long term steady outlook...Short term - if Biden gets in it's going to be very very good for us. Long term if Trump gets in then Iraq is going to be part of our market and guess what? It's a longer road with a higher rate. [Post 2 of 2]
11-29-2020 Newshound Guru Breitling ...You can't worry about what you can't control...You have a plan for if Trump is going to be in office and you have a plan for if Biden is going to be in office...it doesn't matter who is president. The thing that disturbs me most about this stuff is the gloom and doom talk. "If this guy get's in it's all over." "If THIS guy gets in it's all over." None of it's true. Never has been. Never will be... [Post 1 of 2....stay tuned]
11-29-2020 Intel Guru RayRen98 US Bank News...Some banks are "ON EXCHANGE LOCATION" today...waiting for the "GO" signal! (Except Texas, more than likely) Various rates for different currencies are being communicated to us...supposedly at the banks discretion? Have your "Game On" when you go in to exchange.
11-29-2020 Intel Guru Austin Powers-For-PM Article: "The Iraqi government announces a positive development regarding the 2021 budget" Quote: “The seriousness of the Iraqi government in sending the draft budget bill for 2021 to the Iraqi parliament this week.” It sounds like they are seriously "On the clock".
11-29-2020 Newshound Guru Jeff This week is when Iraq finally came forward talking about how they really need to do something with the exchange rate. They just starting this roughly since last weekend. It's a new patter for about a week now. Article: "Parliamentary Finance issues a package of reforms that include imposing a value-added tax and reviewing the dollar exchange rate" Here they're talking about deleting the zeros, doing something with the exchange rate and implementing taxes. Notice how this type information did not come forward until Iraq finished the borrowing law. Remember I stressed to you the borrowing law was the last step needed before they could change their rate? There you go. Now they can change the rate at any point in time. But they have to do it by the end of March...we're in a great spot right now...
11-29-2020 Newshound Guru Breitling ...So what does Iraq have to do under a Biden administration? What do they want to do? They want to add value to their currency...Trump's plan...is more of a long term steady outlook...Short term - if Biden gets in it's going to be very very good for us. Long term if Trump gets in then Iraq is going to be part of our market and guess what? It's a longer road with a higher rate. [Post 2 of 2]
11-29-2020 Newshound Guru Breitling ...You can't worry about what you can't control...You have a plan for if Trump is going to be in office and you have a plan for if Biden is going to be in office...it doesn't matter who is president. The thing that disturbs me most about this stuff is the gloom and doom talk. "If this guy get's in it's all over." "If THIS guy gets in it's all over." None of it's true. Never has been. Never will be... [Post 1 of 2....stay tuned]
11-29-2020 Intel Guru RayRen98 US Bank News...Some banks are "ON EXCHANGE LOCATION" today...waiting for the "GO" signal! (Except Texas, more than likely) Various rates for different currencies are being communicated to us...supposedly at the banks discretion? Have your "Game On" when you go in to exchange.
11-28-2020 Newshound Guru MilitiaMan Article: "The housing fund adopts electronic collection in collecting money" Fairly sure, the ATMs will have some new issues inside them.. Especially when we see them talking about the deletion of the zeros and the exchange rate to the Dollar.. Going to a market economy will require it...imo
11-28-2020 Newshound Guru MilitiaMan Article: "The Central Bank launches the electronic collection project for the housing fund" AUTOMATION...They already told us about the ELECTRONIC DINAR!! More evidence they are gearing for a whole new economy and way of doing business...Going DIGITAL...Going Global...Love it..
11-28-2020 Newshound Guru Breitling ...Iraq is not going to change. They have a desire. They have a need to add value to their currency that they control. Do they want U.S. dollars? Sure, but they don't control it. They want a currency that they can control...Is that going to change if Biden gets in? No. You don't need to worry about that. What comes under the two administration is - What is the rate going to come out at? And then how far can the value of that currency go - at what speed?
11-28-2020 Newshound Guru MilitiaMan They are going to issue the electronic dinar. Just as their neighbors are doing, too. They are effectively going to be more cashless in the end run. In the mean time the automation of the ports and borders will be taxing them, too. They will automatically be able to adjust pricing when needed. IF we recall the UN was in town this week. The UN wanted the correction to the White Papers...Well that correction is the rate, imo...The UN didn't show up just for shiz and gigs, be sure...imo... I hope this one...sets well for everyone, as the reviewing of the exchange rate to the dollar and the deletion of zeros is some serious meat on the bone...imo. [post 2 of 2]
11-28-2020 Newshound Guru MilitiaMan Article: "Parliamentary Finance issues a package of reforms that includes imposing a value-added tax and reviewing the dollar exchange rate" Surely they have presented the papers for the taxes at this time for a purpose. They will delete the zeros to be able to afford the 12% tax. Added value to the dinar will allow for the tax to be absorbed by even the poor...Quite clear now they have full intentions of raising the three zeros and going to an international free market economy. [post 1 of 2....stay tuned]
11-28-2020 Newshound Guru Pimpy Very interesting big moves happening that definitely will have an effect on the dinar IMO. Article: "Iraq is preparing a plan to join the World Trade Organization in early 2021" ...this is great news...I really want to see this happen for them. Getting them in the World Trade Organization will really help Iraq grow. This effects both the currency and as well as shares on the ISX...I'm encouraged by what I see...this is looking good...
11-28-2020 Newshound/Intel Guru Mnt Goat ...currency auctions are going to stop soon and they are going to issue the newer notes for lower denominations in Iraq. They are more than ready. I have talked to my CBI contact this week and I was told they will have the “green light” very soon. They are making their last preparations.
11-28-2020 Newshound Guru MilitiaMan Article: "The Central Bank launches the electronic collection project for the housing fund" AUTOMATION...They already told us about the ELECTRONIC DINAR!! More evidence they are gearing for a whole new economy and way of doing business...Going DIGITAL...Going Global...Love it..
11-28-2020 Newshound Guru Breitling ...Iraq is not going to change. They have a desire. They have a need to add value to their currency that they control. Do they want U.S. dollars? Sure, but they don't control it. They want a currency that they can control...Is that going to change if Biden gets in? No. You don't need to worry about that. What comes under the two administration is - What is the rate going to come out at? And then how far can the value of that currency go - at what speed?
11-28-2020 Newshound Guru MilitiaMan They are going to issue the electronic dinar. Just as their neighbors are doing, too. They are effectively going to be more cashless in the end run. In the mean time the automation of the ports and borders will be taxing them, too. They will automatically be able to adjust pricing when needed. IF we recall the UN was in town this week. The UN wanted the correction to the White Papers...Well that correction is the rate, imo...The UN didn't show up just for shiz and gigs, be sure...imo... I hope this one...sets well for everyone, as the reviewing of the exchange rate to the dollar and the deletion of zeros is some serious meat on the bone...imo. [post 2 of 2]
11-28-2020 Newshound Guru MilitiaMan Article: "Parliamentary Finance issues a package of reforms that includes imposing a value-added tax and reviewing the dollar exchange rate" Surely they have presented the papers for the taxes at this time for a purpose. They will delete the zeros to be able to afford the 12% tax. Added value to the dinar will allow for the tax to be absorbed by even the poor...Quite clear now they have full intentions of raising the three zeros and going to an international free market economy. [post 1 of 2....stay tuned]
11-28-2020 Newshound Guru Pimpy Very interesting big moves happening that definitely will have an effect on the dinar IMO. Article: "Iraq is preparing a plan to join the World Trade Organization in early 2021" ...this is great news...I really want to see this happen for them. Getting them in the World Trade Organization will really help Iraq grow. This effects both the currency and as well as shares on the ISX...I'm encouraged by what I see...this is looking good...
11-28-2020 Newshound/Intel Guru Mnt Goat ...currency auctions are going to stop soon and they are going to issue the newer notes for lower denominations in Iraq. They are more than ready. I have talked to my CBI contact this week and I was told they will have the “green light” very soon. They are making their last preparations.
11-27-2020 Newshound Guru Pimpy I know a lot of people are talking about the rate change happening in the 2021 budget. There's plenty of reason to think that. That might be possible. But stay grounded. It's not about what they talk about it's what they do...yes, they do want a real rate...and I support that 110%...
11-27-2020 Intel Guru MarkZ [via PDK] Iraq is still very confident we will see their new rates within a couple weeks...
11-27-2020 Newshound Guru Jeff Iraq has given you the back wall for the rate change...the end of March in '21. Here's why. Here's how...the reform funding payments, before they can make that payment, they have to change the rate. That's why the reforms have been outstanding for so long... Here's an older article from July of this year "Parliamentary Finance warns against moving towards changing the dinar exchange against the dollar" Quote: "there are possible intentions to change the exchange rate of the dollar against the dinar within the expected financial reform law." They're telling you the truth in this article...
11-27-2020 Newshound/Intel Guru Mnt Goat Where do we stand with the RV right now? ...we have NEVER been in a sweeter spot right now than maybe way back in 2012 when Dr, Shabibi was going to reinstate the dinar. ...I do not think they are going to stop it this time as there is too much as stake and they are giving us way too many signals that they fully intend to do it.
11-27-2020 Intel Guru Delta We don't have much left to find out...but all indications show Iraq is ready to go to the open market economy and go international, accept Article VIII...IOO all that does require a new rate, does require a recognizable tradable currency...very positive news. Very positive information ...within 40 days we are going to see...more and more. You haven't seen nothing yet! We're going to have more and more information especially from the CBI and the progress of the international countries helping Iraq...
11-27-2020 Newshound Guru Pimpy Article: "Al-Darraji Demands The Central Bank to Adopt A real Rate of the Iraqi Dinar" ...more dinar rate talk...this has been the cry of the Iraqi government for a while. They want their rate restored at the $3.22 level...I understand what they're saying. They do need a new rate. IMO the rate change should be a pretty beefy one...we definitely need to keep an eye on it...
11-27-2020 Intel Guru Frank26 I'm happy. I'm excited...I know I know we've been patient for years but when you see the shore line what's the sense of jumping out of the boat and swimming? Why didn't you jump out of the boat when we were in the middle of the ocean and swim to shore? Be patient. We can see the shoreline. We're about to dock...Iraq is about to enter the international world...
11-27-2020 Intel Guru MarkZ [via PDK] Iraq is still very confident we will see their new rates within a couple weeks...
11-27-2020 Newshound Guru Jeff Iraq has given you the back wall for the rate change...the end of March in '21. Here's why. Here's how...the reform funding payments, before they can make that payment, they have to change the rate. That's why the reforms have been outstanding for so long... Here's an older article from July of this year "Parliamentary Finance warns against moving towards changing the dinar exchange against the dollar" Quote: "there are possible intentions to change the exchange rate of the dollar against the dinar within the expected financial reform law." They're telling you the truth in this article...
11-27-2020 Newshound/Intel Guru Mnt Goat Where do we stand with the RV right now? ...we have NEVER been in a sweeter spot right now than maybe way back in 2012 when Dr, Shabibi was going to reinstate the dinar. ...I do not think they are going to stop it this time as there is too much as stake and they are giving us way too many signals that they fully intend to do it.
11-27-2020 Intel Guru Delta We don't have much left to find out...but all indications show Iraq is ready to go to the open market economy and go international, accept Article VIII...IOO all that does require a new rate, does require a recognizable tradable currency...very positive news. Very positive information ...within 40 days we are going to see...more and more. You haven't seen nothing yet! We're going to have more and more information especially from the CBI and the progress of the international countries helping Iraq...
11-27-2020 Newshound Guru Pimpy Article: "Al-Darraji Demands The Central Bank to Adopt A real Rate of the Iraqi Dinar" ...more dinar rate talk...this has been the cry of the Iraqi government for a while. They want their rate restored at the $3.22 level...I understand what they're saying. They do need a new rate. IMO the rate change should be a pretty beefy one...we definitely need to keep an eye on it...
11-27-2020 Intel Guru Frank26 I'm happy. I'm excited...I know I know we've been patient for years but when you see the shore line what's the sense of jumping out of the boat and swimming? Why didn't you jump out of the boat when we were in the middle of the ocean and swim to shore? Be patient. We can see the shoreline. We're about to dock...Iraq is about to enter the international world...
11-26-2020 Newshound Guru Jeff Article: "Al-Darraji Demands The Central Bank To Adopt A real Rate Of The Iraqi Dinar" ...Iraq is putting a decent emphasis on increasing their exchange rate...Here's an article from the 24th on that. Article: "Al-Samarrai Calls For Reforming The Central Bank and Unifying The Exchange Rate" Here's another one...from the 25th...it's really good that they're now putting an emphasis on this...their historical pattern is it takes them 3 to 4 months to get stuff implemented.
11-26-2020 Newshound/Intel Guru Mnt Goat Article: "DELETING 3 ZEROS FROM THE CURRENCY .. PARLIAMENTARY FINANCE IS SUSPENDED AND DETERMINES THE SIZE OF THE COST AND THE ECONOMIC EFFECTS" Quote: "Exiting the financial crisis is not only by deleting zeros from the Iraqi currency because the crisis is mainly economic, indicating that "deleting zeros” from the Iraqi dinar needs to print a new currency." I know for a FACT the new currency is already printed.
11-26-2020 Intel Guru Delta ...This is very important...they told us this one [2021 budget] should have the rate. Before that gets to parliament I think the CBI should make their move because the 2021 budget does have the new rate. You don't want to take that to the parliament because the leak would be all the way out. The CBI and the government IMO they have to raise the rate before that goes to the parliament ...the time frame is around December or early January. This is the best guess scenario...within about 40 days to know exactly what's going on...
11-26-2020 Newshound Guru Pimpy ...there is a little bit of a push from within the government for Iraq to do something with their exchange rate. Very interesting. I tried to see if I could get more information - I called around. There's not a whole lot of information about it...
11-26-2020 Newshound Guru Adam Montana ...the Trump Train is running out of time, but not out of steam. I'm excited to see what last minute things come out of the current President's office... and I would not be surprised at all to see something major that helps Iraq... would it really surprise you to see one of his last acts as President is something that helps the Iraqis boost the value of their currency? It won't be a surprise to me! The limited time Trump has left in office is actually an exciting factor in the Dinar world. I don't care if you like The Donald or not, you have to at least see the potential there!...GOOOO RRRRRVVVV!!!
11-26-2020 Intel Guru Bruce [via WiserNow] ...a lot of people are under NDA’s...we do believe that the schedules have been set already for us to go in and start... I have...information that is pointing us to starting right after Thanksgiving which is coming from very strong sources and pointing to Friday... we know that redemption centers staff is off on Thanksgiving Day...
11-26-2020 Newshound/Intel Guru Mnt Goat Article: "DELETING 3 ZEROS FROM THE CURRENCY .. PARLIAMENTARY FINANCE IS SUSPENDED AND DETERMINES THE SIZE OF THE COST AND THE ECONOMIC EFFECTS" Quote: "Exiting the financial crisis is not only by deleting zeros from the Iraqi currency because the crisis is mainly economic, indicating that "deleting zeros” from the Iraqi dinar needs to print a new currency." I know for a FACT the new currency is already printed.
11-26-2020 Intel Guru Delta ...This is very important...they told us this one [2021 budget] should have the rate. Before that gets to parliament I think the CBI should make their move because the 2021 budget does have the new rate. You don't want to take that to the parliament because the leak would be all the way out. The CBI and the government IMO they have to raise the rate before that goes to the parliament ...the time frame is around December or early January. This is the best guess scenario...within about 40 days to know exactly what's going on...
11-26-2020 Newshound Guru Pimpy ...there is a little bit of a push from within the government for Iraq to do something with their exchange rate. Very interesting. I tried to see if I could get more information - I called around. There's not a whole lot of information about it...
11-26-2020 Newshound Guru Adam Montana ...the Trump Train is running out of time, but not out of steam. I'm excited to see what last minute things come out of the current President's office... and I would not be surprised at all to see something major that helps Iraq... would it really surprise you to see one of his last acts as President is something that helps the Iraqis boost the value of their currency? It won't be a surprise to me! The limited time Trump has left in office is actually an exciting factor in the Dinar world. I don't care if you like The Donald or not, you have to at least see the potential there!...GOOOO RRRRRVVVV!!!
11-26-2020 Intel Guru Bruce [via WiserNow] ...a lot of people are under NDA’s...we do believe that the schedules have been set already for us to go in and start... I have...information that is pointing us to starting right after Thanksgiving which is coming from very strong sources and pointing to Friday... we know that redemption centers staff is off on Thanksgiving Day...
11-25-2020 Newshound Guru Jeff Article: "Al-Karraji Demands The Central Bank To Adopt A Real Rate Of The Iraqi Dinar".
11-25-2020 Intel Guru Delta ...Huge information came out...the Bank of International Settlement in Switzerland is the hub of central banks...to do a contract with them is very telling for the CBI...they are moving forward to keep going with a plan. It's very amazing progress and all positive news toward our investment ...the BIS is the one that distributes the rate internationally...this is huge by itself...
11-25-2020 Intel Guru Frank26 ...a couple weeks ago the upper echelon management of the banks in Iraq were invited to the CBI. It is my opinion the CBI talked to them about a date and rate. And also when they will be showing the citizens the new small category notes and rate...the last week or two weeks of this month it will go from the senior management level to the floor managers and then to the tellers...
11-25-2020 Intel Guru MarkZ I am still hearing a lot of chatter about the White Papers and whats in it….I am told the exact rate is not in it. They are wanting at least a $3.22 RI. My Iraqi contacts believe it will all be done over the next 2 weeks.
11-25-2020 Newshound/Intel Guru Mnt Goat ...the IMF for Iraq established these currency auctions to get them over the hump from the 10 year embargo and...another attack on the country n 2003...So now they have gotten so corrupt they can't get off of them. The embargos on Iran and taken this corruption to a new high...But the good news is the new CBI governor along with the new prime minister is going to shut down all this corruption, only the US Treasury is holding up the reinstatement of the dinar, which is needed to facilitate it. The prolonged delay is hurting Iraq as they need this change... but remember this is not as simple or clear as it seems so don’t try to pin point this to one or a couple single events to make it happen...We have insight as to what the plan is and how they are implementing it. The news is still all VERY GOOD and we will see the reinstatement much sooner than many of you think. [post 2 of 2]
11-25-2020 Newshound/Intel Guru Mnt Goat NO ONE SHOULD QUESTION THE VALUE OF THE DINAR. But there is a difference between VALUE and RATE. ...Like our president has said many times that currencies are not fairly given RATES to reflect their VALUE. Either they are overly valued or undervalued and the rates do not reflect the TRUE VALUE. He wants a “level playing field”...For Iraq dinar, what we should question is the RATE as it does not reflect the true VALUE of the dinar. It is being artificially suppressed. They do not need all this economic reforms and so on and so forth. Dr. Shabibi, a financial expert who’s opinion I highly respect, was willing to reinstate the currency way back in 2013...So this entire story line of having to do all these reforms can only help Iraq but totally unnecessary in the larger picture. We wait only because of the political stuff going on right now in the US... [post 1 of 2....stay tuned]
11-25-2020 Newshound Guru Jeff ...there's only one thing on the table that has a direct requirement for the rate change. It's the payments of the reforms. The reform payments require the rate change. Before they can make a payment Iraq's currency has to be internationally recognized...
11-25-2020 Newshound Guru MilitiaMan [what ever happened to the white papers and kazemi and the fab4 after he left washington? i thought it was a done deal with the cbi. can someone explain...] The white papers look today to have signs of partially being implemented, which, suggests things are underway, we just are not yet privy to the details. Imo.
11-25-2020 Intel Guru Delta ...Huge information came out...the Bank of International Settlement in Switzerland is the hub of central banks...to do a contract with them is very telling for the CBI...they are moving forward to keep going with a plan. It's very amazing progress and all positive news toward our investment ...the BIS is the one that distributes the rate internationally...this is huge by itself...
11-25-2020 Intel Guru Frank26 ...a couple weeks ago the upper echelon management of the banks in Iraq were invited to the CBI. It is my opinion the CBI talked to them about a date and rate. And also when they will be showing the citizens the new small category notes and rate...the last week or two weeks of this month it will go from the senior management level to the floor managers and then to the tellers...
11-25-2020 Intel Guru MarkZ I am still hearing a lot of chatter about the White Papers and whats in it….I am told the exact rate is not in it. They are wanting at least a $3.22 RI. My Iraqi contacts believe it will all be done over the next 2 weeks.
11-25-2020 Newshound/Intel Guru Mnt Goat ...the IMF for Iraq established these currency auctions to get them over the hump from the 10 year embargo and...another attack on the country n 2003...So now they have gotten so corrupt they can't get off of them. The embargos on Iran and taken this corruption to a new high...But the good news is the new CBI governor along with the new prime minister is going to shut down all this corruption, only the US Treasury is holding up the reinstatement of the dinar, which is needed to facilitate it. The prolonged delay is hurting Iraq as they need this change... but remember this is not as simple or clear as it seems so don’t try to pin point this to one or a couple single events to make it happen...We have insight as to what the plan is and how they are implementing it. The news is still all VERY GOOD and we will see the reinstatement much sooner than many of you think. [post 2 of 2]
11-25-2020 Newshound/Intel Guru Mnt Goat NO ONE SHOULD QUESTION THE VALUE OF THE DINAR. But there is a difference between VALUE and RATE. ...Like our president has said many times that currencies are not fairly given RATES to reflect their VALUE. Either they are overly valued or undervalued and the rates do not reflect the TRUE VALUE. He wants a “level playing field”...For Iraq dinar, what we should question is the RATE as it does not reflect the true VALUE of the dinar. It is being artificially suppressed. They do not need all this economic reforms and so on and so forth. Dr. Shabibi, a financial expert who’s opinion I highly respect, was willing to reinstate the currency way back in 2013...So this entire story line of having to do all these reforms can only help Iraq but totally unnecessary in the larger picture. We wait only because of the political stuff going on right now in the US... [post 1 of 2....stay tuned]
11-25-2020 Newshound Guru Jeff ...there's only one thing on the table that has a direct requirement for the rate change. It's the payments of the reforms. The reform payments require the rate change. Before they can make a payment Iraq's currency has to be internationally recognized...
11-25-2020 Newshound Guru MilitiaMan [what ever happened to the white papers and kazemi and the fab4 after he left washington? i thought it was a done deal with the cbi. can someone explain...] The white papers look today to have signs of partially being implemented, which, suggests things are underway, we just are not yet privy to the details. Imo.
11-24-2020 Newshound/Intel Guru Petra As you read about the white papers it really is driving the country to a brand new playing field. And it all starts with changing the rate...based on this white paper that I reviewed today their next step is they have to change the rate to make the rest of the white papers work...
11-24-2020 Intel/Newshound Gurus Frank26, Petra, Militiaman Guru Frank - the white papers have a lot of information in them. Do you agree with me when I say the white papers have the new exchange rate? Guru Militiaman - I would say they have been informed of the new exchange rate. The people who wrote this document I would say they are very aware of it. Guru Petra - It's hard to create a budget, a plan, a roadmap without knowing where you want to end up. So they have to have knowledge of the plan which would include the rate change in developing that plan...they have calculated and recalculated and recalculated to come up with the rate they're going with. And the fact that the financial world markets have agreed to this white paper strategy tells me there is a rate involved...yes, there is knowledge of the rate change...
11-24-2020 Intel Guru MarkZ [via PDK] News out of Iraq is still solid…no money moving yet in Asia, Europe, the Middle East or here yet… [Do you think the RV will happen before 2021?] Yes I do.
11-24-2020 Newshound/Intel Guru Petra I've been so high on this that I have to look down to see heaven. I'm so excited to see what's going on...the white paper detail...it clearly delineates the future for Iraq. And it's that plan that all does not happen without the change in the rate...it's an exciting time for all of us to consider where we're at with this investment. I'm very excited to be where we're at right now from a pure logic perspective...
11-24-2020 Newshound Guru Jeff ...about 2 months ago Iraq came out telling us that oil above $40 a barrel does cover their government operating expenses...Iraq can actually produce oil for about $10.70 per barrel. That was just 5 years ago. I doubt they're even above $15 at this point. Iraq can literally extract a barrel of oil for $15 a barrel. So anything above $15 is pure cash profit... Article "Brent barrel is at the highest level since March 2020". Brent oil was trading at $46.48. Brent oil is getting positioned to be able to fund Iraq's 2021 budget...
11-24-2020 Intel Guru Frank26 ...the white papers do have the exchange rate. But there's something else that Guru Walkingstick and I have been saying also has the new rate in it...the 2021 budget...the 2021 budget is mainly for parliament...And the white papers are for the international world. And both of them in my opinion contain the rate...The outside world - international investors - they get to see what the BIS is showing them. And that would be the white papers. The rate I believe is in both of these and they're being shown to the appropriate people...
11-24-2020 Newshound/Intel Guru Petra BIS is the Bank of International Settlement. They're the central bank of all central banks. It is the lead bank in the world. Their responsibility is to distribute the currency rates around the world to all the central banks...they work very tightly with the IMF and the World Bank. They are also involved in investing. I hope you all caught that article from Thursday or Friday highlighting their interest in Iraq. The big question one has to ask is - Why would the BIS be interested in investing in Iraq that is currency under Article 14 because they have not change their currency rate?
11-24-2020 Newshound/Intel Guru BGG ...opinion. Everyone has one. Uhhhhhhh… but did anyone mention to him [Guru Kaperoni] Iraq is in the news DAILY about “converting” to a “market economy” – they want to be included in the world market. [Reference Guru Kaperoni 11-23-2020]
11-24-2020 Newshound/Intel Guru Mnt Goat Article: "15 countries sign the world's largest trade agreement" Quote: "I am delighted to say that after eight years of hard work, as of today, we have officially reached the Regional Comprehensive Economic Partnership negotiations with a signature conclusion," said Vietnamese Prime Minister Noyn Chuan Phuc." So, what is the likelihood of the Dong going through a revaluation do to this agreement? Remember it is already trading on FOREX. Pay attention to what is going on and be ready!
11-24-2020 Intel/Newshound Gurus Frank26, Petra, Militiaman Guru Frank - the white papers have a lot of information in them. Do you agree with me when I say the white papers have the new exchange rate? Guru Militiaman - I would say they have been informed of the new exchange rate. The people who wrote this document I would say they are very aware of it. Guru Petra - It's hard to create a budget, a plan, a roadmap without knowing where you want to end up. So they have to have knowledge of the plan which would include the rate change in developing that plan...they have calculated and recalculated and recalculated to come up with the rate they're going with. And the fact that the financial world markets have agreed to this white paper strategy tells me there is a rate involved...yes, there is knowledge of the rate change...
11-24-2020 Intel Guru MarkZ [via PDK] News out of Iraq is still solid…no money moving yet in Asia, Europe, the Middle East or here yet… [Do you think the RV will happen before 2021?] Yes I do.
11-24-2020 Newshound/Intel Guru Petra I've been so high on this that I have to look down to see heaven. I'm so excited to see what's going on...the white paper detail...it clearly delineates the future for Iraq. And it's that plan that all does not happen without the change in the rate...it's an exciting time for all of us to consider where we're at with this investment. I'm very excited to be where we're at right now from a pure logic perspective...
11-24-2020 Newshound Guru Jeff ...about 2 months ago Iraq came out telling us that oil above $40 a barrel does cover their government operating expenses...Iraq can actually produce oil for about $10.70 per barrel. That was just 5 years ago. I doubt they're even above $15 at this point. Iraq can literally extract a barrel of oil for $15 a barrel. So anything above $15 is pure cash profit... Article "Brent barrel is at the highest level since March 2020". Brent oil was trading at $46.48. Brent oil is getting positioned to be able to fund Iraq's 2021 budget...
11-24-2020 Intel Guru Frank26 ...the white papers do have the exchange rate. But there's something else that Guru Walkingstick and I have been saying also has the new rate in it...the 2021 budget...the 2021 budget is mainly for parliament...And the white papers are for the international world. And both of them in my opinion contain the rate...The outside world - international investors - they get to see what the BIS is showing them. And that would be the white papers. The rate I believe is in both of these and they're being shown to the appropriate people...
11-24-2020 Newshound/Intel Guru Petra BIS is the Bank of International Settlement. They're the central bank of all central banks. It is the lead bank in the world. Their responsibility is to distribute the currency rates around the world to all the central banks...they work very tightly with the IMF and the World Bank. They are also involved in investing. I hope you all caught that article from Thursday or Friday highlighting their interest in Iraq. The big question one has to ask is - Why would the BIS be interested in investing in Iraq that is currency under Article 14 because they have not change their currency rate?
11-24-2020 Newshound/Intel Guru BGG ...opinion. Everyone has one. Uhhhhhhh… but did anyone mention to him [Guru Kaperoni] Iraq is in the news DAILY about “converting” to a “market economy” – they want to be included in the world market. [Reference Guru Kaperoni 11-23-2020]
11-24-2020 Newshound/Intel Guru Mnt Goat Article: "15 countries sign the world's largest trade agreement" Quote: "I am delighted to say that after eight years of hard work, as of today, we have officially reached the Regional Comprehensive Economic Partnership negotiations with a signature conclusion," said Vietnamese Prime Minister Noyn Chuan Phuc." So, what is the likelihood of the Dong going through a revaluation do to this agreement? Remember it is already trading on FOREX. Pay attention to what is going on and be ready!
11-23-2020 Newshound Guru MilitiaMan Article: "The Finance Committee sets the red lines available to the government to finance the deficit: borrowing...withholding salaries or printing a currency?" Quote: "the deduction and the reduction of the exchange rate against the dollar are among the red lines..." There it is again...The reduction of the EXCHANGE RATE TO THE DOLLAR!! 1000 less three zeros, 1/1..? ...they are not going to do deductions to salaries with out increasing their purchasing power, imo. This is the second article in 24 hours along the lines of reduction of the exchange rate, i.e., deletion of the zeros...They reduce the exchange rate and those that have foreign reserves are going to get a massive boost in value. The citizens will get purchase power. It is a win win all around...imo.
11-23-2020 Newshound Guru Kaperoni Doesn't matter how bad the conditions get in Iraq, there is no RV. Not how monetary policy works. The only way the dinar can rise is if Iraq creates the conditions, passes the laws and gets foreign investment to come in and create a private sector. In other words, unless they diversify, build a growing economy the dinar will do nothing. There is no magic wand.
11-23-2020 Newshound Guru MilitiaMan Article Quote: “It is noteworthy that a member of the Parliamentary Finance Committee, Jamal Cougar, said today, Sunday, that the government would resort to reducing employee salaries allocations, in light of the ongoing financial crisis, and the government will also resort to activating collection, taxes and direct deduction from the currency auction.” Reducing salary allocations means they are to be adjusting the exchange rate...Reducing the 000s from the exchange rate means effectively having to pay less currency as the value of it is greater!! Imo . Again, they are not going to tax at a program rate!! Imo
11-23-2020 Intel Guru MarkZ [via PDK] My chatter out of Iraq is still pretty encouraging. My folks on the ground agree that everything is done…just waiting for the shoe to drop.
11-23-2020 Newshound Guru Jeff ...There's a very good chance that we will most likely see the rate change during this 2020 Iraq fiscal period...because they got the borrowing law. That was money needed to fund the reforms in their budget...that's really good news that we saw Iraq do the borrowing law. The borrowing law simply means they can change at any time...
11-23-2020 Newshound Guru Pimpy ...always ask yourself what are the odds of them allowing people to know in advance that a rate change is about to happen? It would cause a tsunami of people, speculators, running over there and trying to grab more dinar and causing more problems for Iraq...
11-23-2020 Newshound Guru MilitiaMan Article: "Deleting 3 zeros from the currency...Parliamentary finance is suspended and determines the size of the cost and the economic effects " ...I look at this article as being another fair warning of the change that is to come...not only are they thinking about the deletion of the zeros, it has been in the works for many years now and is about to be launched. imo...They...what the focus is. It is actually deleting three zeros from the exchange rate, which reduces the number (as they show) from 1000 to 1, which then begets 1/1 and with that comes great purchasing power...imo...
11-23-2020 Newshound Guru Kaperoni Doesn't matter how bad the conditions get in Iraq, there is no RV. Not how monetary policy works. The only way the dinar can rise is if Iraq creates the conditions, passes the laws and gets foreign investment to come in and create a private sector. In other words, unless they diversify, build a growing economy the dinar will do nothing. There is no magic wand.
11-23-2020 Newshound Guru MilitiaMan Article Quote: “It is noteworthy that a member of the Parliamentary Finance Committee, Jamal Cougar, said today, Sunday, that the government would resort to reducing employee salaries allocations, in light of the ongoing financial crisis, and the government will also resort to activating collection, taxes and direct deduction from the currency auction.” Reducing salary allocations means they are to be adjusting the exchange rate...Reducing the 000s from the exchange rate means effectively having to pay less currency as the value of it is greater!! Imo . Again, they are not going to tax at a program rate!! Imo
11-23-2020 Intel Guru MarkZ [via PDK] My chatter out of Iraq is still pretty encouraging. My folks on the ground agree that everything is done…just waiting for the shoe to drop.
11-23-2020 Newshound Guru Jeff ...There's a very good chance that we will most likely see the rate change during this 2020 Iraq fiscal period...because they got the borrowing law. That was money needed to fund the reforms in their budget...that's really good news that we saw Iraq do the borrowing law. The borrowing law simply means they can change at any time...
11-23-2020 Newshound Guru Pimpy ...always ask yourself what are the odds of them allowing people to know in advance that a rate change is about to happen? It would cause a tsunami of people, speculators, running over there and trying to grab more dinar and causing more problems for Iraq...
11-23-2020 Newshound Guru MilitiaMan Article: "Deleting 3 zeros from the currency...Parliamentary finance is suspended and determines the size of the cost and the economic effects " ...I look at this article as being another fair warning of the change that is to come...not only are they thinking about the deletion of the zeros, it has been in the works for many years now and is about to be launched. imo...They...what the focus is. It is actually deleting three zeros from the exchange rate, which reduces the number (as they show) from 1000 to 1, which then begets 1/1 and with that comes great purchasing power...imo...
11-22-2020 Newshound Guru Pimpy Article "Private banks announce support for central bank reforms to develop the Iraqi economy" the banks are happy about the reform papers...you were told that the rate change is in these papers. We know they told us that the DISCUSSION of the rate change is in the papers. Are they going to announce anything? I don't know. But there' is nothing out there that says that once these are implemented that the rate change would be part of it. All we know it that they told us that they would discuss it. That means the rate change can happen at any time when you least expect it.
11-22-2020 Newshound Guru Jeff Iraq is talking from their butt on this. Half the crap they tell you is not even true...let's back up to last year...they didn't change the rate...but...on March 21st of last year they told you...they had full intentional of increasing their exchange rate...then through the middle of last year they put out a crap-load of articles talking about coins and how coins could only be released based on the parameters that they increase the exchange rate...so they give us all this information last year suggesting they have full intentions of increasing their exchange rate. Then they don't. And then this year all they put out are these articles talking about physically lopping the currency. They're just screwing with your head. You can't take these articles serious. All they've done is pumping BS to you. These articles are complete lies.
11-22-2020 Newshound/Intel Guru Mnt Goat Will other currencies RV along with the reinstatement of the Iraqi dinar? I have never discounted any other currency from also RVing along with the reinstatement, as this might also be a good time to do them. But the one thing that I hate the most is this talk about a “planned” GCR (global currency reset). There is no such thing as a GCR going to happen and there never was...
11-22-2020 Newshound Guru MilitiaMan Yesterday Iraq Finance Minister is given the green light to negotiate with AYSCUDA. The negotiations would have to be with information that would need to have been obtained from the CBI to negotiate Iraq's procedures to get up to international standards as that is expected of a Country that to be a modern market economy.. The BIS may be our icing on the cake. Imo IT IS!!! [ASYCUDA provides the core software and related expertise to create an efficient and effective environment for the management of Customs operations"]
11-22-2020 Intel Guru RayRen98 Some bankers were disappointed Saturday, they were expecting to exchange us...we look forward to Sunday for the next opportunity! TIME WILL TELL.
11-22-2020 Newshound Guru Pimpy ...one of the rumors that I seen flying around was Al-Kazemi has secretly spoke with President Trump and he said once he landed into Iraq he was going to go ahead and implement the rate change. Here's the thing when it comes to this rate change. They're not going to announce it...they're not going to tell anybody. They just do the rate change...you'll just wake up one day and a rate change will be done. That's how it's going to work. Somebody will spot it first [Blanche @ www.DinarGuru.com :) ] they'll start spreading it. People will find out. It'll spread like wildfire. Then you'll know it's done...
11-22-2020 Newshound Guru Jeff Article: "The government intends to "peek" parliament...Alternative solution to "rejecting internal borrowing" in the 2021 budget: resorting to citizens' money!" ...a very good article...I keep trying to tell you guys they've got to have the rate changed before they can really even start the approval and creation process of that '21 budget...this has 21 budget post rate change written all over it...
11-22-2020 Newshound/Intel Petra Article: "The Iraqi Central Bank and the Bank for International Settlements agree to increase investment opportunities" Quotes: "The Central Bank of Iraq held a remote meeting with the Bank for International Settlements (BIS) to discuss prospects for joint cooperation and investment mechanisms between the two parties."; "the two sides agreed on the contribution of the Bank for International Settlements to enhance the capabilities of the Central Bank of Iraq and increase investment opportunities in foreign reserves." Who better knows they are under Article 14 and cannot transact internationally...unless? So why make this commitment of investment? It's a rhetorical question! And yes, of course they would know about the rate change because they are the ones who will notify all the other CB's around the world when it is formally announced by the CBI. Somethings coming!!! Watch the CBI!!! IMO. [NOTE: You can always see the latest CBI official dinar rates in the left column of this page.]
11-22-2020 Newshound Guru Jeff Iraq is talking from their butt on this. Half the crap they tell you is not even true...let's back up to last year...they didn't change the rate...but...on March 21st of last year they told you...they had full intentional of increasing their exchange rate...then through the middle of last year they put out a crap-load of articles talking about coins and how coins could only be released based on the parameters that they increase the exchange rate...so they give us all this information last year suggesting they have full intentions of increasing their exchange rate. Then they don't. And then this year all they put out are these articles talking about physically lopping the currency. They're just screwing with your head. You can't take these articles serious. All they've done is pumping BS to you. These articles are complete lies.
11-22-2020 Newshound/Intel Guru Mnt Goat Will other currencies RV along with the reinstatement of the Iraqi dinar? I have never discounted any other currency from also RVing along with the reinstatement, as this might also be a good time to do them. But the one thing that I hate the most is this talk about a “planned” GCR (global currency reset). There is no such thing as a GCR going to happen and there never was...
11-22-2020 Newshound Guru MilitiaMan Yesterday Iraq Finance Minister is given the green light to negotiate with AYSCUDA. The negotiations would have to be with information that would need to have been obtained from the CBI to negotiate Iraq's procedures to get up to international standards as that is expected of a Country that to be a modern market economy.. The BIS may be our icing on the cake. Imo IT IS!!! [ASYCUDA provides the core software and related expertise to create an efficient and effective environment for the management of Customs operations"]
11-22-2020 Intel Guru RayRen98 Some bankers were disappointed Saturday, they were expecting to exchange us...we look forward to Sunday for the next opportunity! TIME WILL TELL.
11-22-2020 Newshound Guru Pimpy ...one of the rumors that I seen flying around was Al-Kazemi has secretly spoke with President Trump and he said once he landed into Iraq he was going to go ahead and implement the rate change. Here's the thing when it comes to this rate change. They're not going to announce it...they're not going to tell anybody. They just do the rate change...you'll just wake up one day and a rate change will be done. That's how it's going to work. Somebody will spot it first [Blanche @ www.DinarGuru.com :) ] they'll start spreading it. People will find out. It'll spread like wildfire. Then you'll know it's done...
11-22-2020 Newshound Guru Jeff Article: "The government intends to "peek" parliament...Alternative solution to "rejecting internal borrowing" in the 2021 budget: resorting to citizens' money!" ...a very good article...I keep trying to tell you guys they've got to have the rate changed before they can really even start the approval and creation process of that '21 budget...this has 21 budget post rate change written all over it...
11-22-2020 Newshound/Intel Petra Article: "The Iraqi Central Bank and the Bank for International Settlements agree to increase investment opportunities" Quotes: "The Central Bank of Iraq held a remote meeting with the Bank for International Settlements (BIS) to discuss prospects for joint cooperation and investment mechanisms between the two parties."; "the two sides agreed on the contribution of the Bank for International Settlements to enhance the capabilities of the Central Bank of Iraq and increase investment opportunities in foreign reserves." Who better knows they are under Article 14 and cannot transact internationally...unless? So why make this commitment of investment? It's a rhetorical question! And yes, of course they would know about the rate change because they are the ones who will notify all the other CB's around the world when it is formally announced by the CBI. Somethings coming!!! Watch the CBI!!! IMO. [NOTE: You can always see the latest CBI official dinar rates in the left column of this page.]
11-21-2020 Newshound Guru Jeff Iraq can only change their rate over a weekend. Not on weekdays. Iraq will only change their rate on what is their Sunday morning. I'm not saying this Sunday morning I'm saying on a random Sunday morning...
11-21-2020 Newshound/Intel Guru Mnt Goat Article: "A NEW REFORM PAPER FROM PARLIAMENT...TO BE COMBINED WITH THE WHITE PAPER" Quote: "The circumstances of the financial crisis and the collapse of oil prices in global markets and the repercussions of the Corona virus pandemic prompted Mustafa Al-Kazemi's government to review the financial policy in Iraq in order to overcome the financial distress threatening the Iraqi economy." ... Iraq has had plenty of opportunity to reform their economy way before the corona virus and a drop in oil prices stuck. The heart of the problem is corruption. I will say it again – Iraq will not revise their economy unless they address the corruption and all those involved...
11-21-2020 Intel Guru Footforward They need international investment. They need that for a revaluation to happen. The RV can't be sustained without international investment coming back into the country...
11-21-2020 Newshound Guru MilitiaMan Article: "Finance: the automation system will enhance the management of the financial position" ...They cannot go live with this automation without being article 8 compliant...The CBI is talking about major and influential reforms.. Well, imo being article 8 compliant to get hooked up with this new system with upwards of 80 - 90 countries and to be influential suggests that they are going to be serious and competitive in trade... IMO! They have no way to go but to go Article 8. They are in cooperation with the UN. They minister was given the go ahead to negotiate the contract. Well, he is not going to show up with out knowing what to fill in the spread sheet in (IQD= / $) with...So lets see what they do. My bet is there is no turning back now...imo.
11-21-2020 Intel Guru MarkZ [via PDK] ...the banks over there…bringing their staff up to speed for a change in value. I am told the plan is to change the value by an Revalue or reinstatement. After there is a change in value – then they redenominate…meaning they release their lower denomination bills...If they do a reinstatement my understanding is they go back to their original rate and figure in consumer pricing, and inflation…so I believe the old rate was $3.22. So adding in a bit more for inflation gives you a rough idea what the street rate will be.
11-21-2020 Newshound Guru Jeff Article: "Parliament Finance: Parliament is ready to read and approve the 2021 budget in intensive sessions" the salaries and the 2021 budget are flat out waiting on the rate change period.
11-21-2020 Intel Guru RayRen98 BANK STAFF WENT "IN" EXTRA EARLY THIS MORNING...SOME BANKS WERE TOLD "LAST NIGHT" AND OTHER BANKS WERE TOLD "THIS MORNING" - THEY WOULD START EXCHANGING. TIME WILL TELL...
11-21-2020 Newshound Guru Jeff Article: "Al-Kaabi: The President of the Republic does not have the power to veto laws and return them to the Parliament" ...this article is telling you that once parliament approves a law, whether the president signs it or not, it's automatically ratified in 15 days after its date of delivery to the president of the republic...they approved it [Borrowing Law] last Thursday...
11-21-2020 Newshound/Intel Guru Mnt Goat Article: "MINISTER OF TRADE: JOINING THE WORLD TRADE ORGANIZATION IS THE WAY TO BUILD A RESILIENT IRAQI ECONOMY" ...the WTO was coming back to Iraq for another round of talks in November. They had these talks and this is a news article about the results. It appears there are still issues concerning the accession that need to be addressed. But will these issues prevent or prolong the “full” accession? They do not tell us in the article and we have to wait and see what happens in the coming months. What do I think? I think there is so much lining up for a January 2021 reinstatement and a delete the zeros project implementation sometime in December 2020. But this is my opinion from all the news we are seeing in articles and hearing from the CBI.
11-21-2020 Newshound/Intel Guru Mnt Goat Article: "A NEW REFORM PAPER FROM PARLIAMENT...TO BE COMBINED WITH THE WHITE PAPER" Quote: "The circumstances of the financial crisis and the collapse of oil prices in global markets and the repercussions of the Corona virus pandemic prompted Mustafa Al-Kazemi's government to review the financial policy in Iraq in order to overcome the financial distress threatening the Iraqi economy." ... Iraq has had plenty of opportunity to reform their economy way before the corona virus and a drop in oil prices stuck. The heart of the problem is corruption. I will say it again – Iraq will not revise their economy unless they address the corruption and all those involved...
11-21-2020 Intel Guru Footforward They need international investment. They need that for a revaluation to happen. The RV can't be sustained without international investment coming back into the country...
11-21-2020 Newshound Guru MilitiaMan Article: "Finance: the automation system will enhance the management of the financial position" ...They cannot go live with this automation without being article 8 compliant...The CBI is talking about major and influential reforms.. Well, imo being article 8 compliant to get hooked up with this new system with upwards of 80 - 90 countries and to be influential suggests that they are going to be serious and competitive in trade... IMO! They have no way to go but to go Article 8. They are in cooperation with the UN. They minister was given the go ahead to negotiate the contract. Well, he is not going to show up with out knowing what to fill in the spread sheet in (IQD= / $) with...So lets see what they do. My bet is there is no turning back now...imo.
11-21-2020 Intel Guru MarkZ [via PDK] ...the banks over there…bringing their staff up to speed for a change in value. I am told the plan is to change the value by an Revalue or reinstatement. After there is a change in value – then they redenominate…meaning they release their lower denomination bills...If they do a reinstatement my understanding is they go back to their original rate and figure in consumer pricing, and inflation…so I believe the old rate was $3.22. So adding in a bit more for inflation gives you a rough idea what the street rate will be.
11-21-2020 Newshound Guru Jeff Article: "Parliament Finance: Parliament is ready to read and approve the 2021 budget in intensive sessions" the salaries and the 2021 budget are flat out waiting on the rate change period.
11-21-2020 Intel Guru RayRen98 BANK STAFF WENT "IN" EXTRA EARLY THIS MORNING...SOME BANKS WERE TOLD "LAST NIGHT" AND OTHER BANKS WERE TOLD "THIS MORNING" - THEY WOULD START EXCHANGING. TIME WILL TELL...
11-21-2020 Newshound Guru Jeff Article: "Al-Kaabi: The President of the Republic does not have the power to veto laws and return them to the Parliament" ...this article is telling you that once parliament approves a law, whether the president signs it or not, it's automatically ratified in 15 days after its date of delivery to the president of the republic...they approved it [Borrowing Law] last Thursday...
11-21-2020 Newshound/Intel Guru Mnt Goat Article: "MINISTER OF TRADE: JOINING THE WORLD TRADE ORGANIZATION IS THE WAY TO BUILD A RESILIENT IRAQI ECONOMY" ...the WTO was coming back to Iraq for another round of talks in November. They had these talks and this is a news article about the results. It appears there are still issues concerning the accession that need to be addressed. But will these issues prevent or prolong the “full” accession? They do not tell us in the article and we have to wait and see what happens in the coming months. What do I think? I think there is so much lining up for a January 2021 reinstatement and a delete the zeros project implementation sometime in December 2020. But this is my opinion from all the news we are seeing in articles and hearing from the CBI.
11-20-2020 Intel Guru MarkZ [via PDK] If you look at Iraq- there is a whole lot going on. They are positioned for a revaluation or reinstatement. Erbil agreement is moving forward. PM is not wanting to sign off on lending law….He does not want to have to borrow to pay salaries. IMO they would rather go ahead with at least a reinstatement . They are ready to join the WTO (World Trade Organization)... which I thought they had already done that so I did some digging…They are cleared to join but had not done so yet- is my understanding.
11-20-2020 Newshound Guru Adam Montana ...Regarding the Budget, we always hear dates and timelines for things. I dismiss most of those as "noise" - but from my sources this week, there is a strong likelihood that this is going to hold up and possibly even be pushed through sooner than expected... Last but not least is the HCL... where are we with that? It's all tied together. As long as the two items above continue to go well, I understand that there is a high level of confidence in the HCL coming together as well. Rapidly. And we all know what that means. GOOO RRRRVVVVVV!!! [post 2 of 2]
11-20-2020 Newshound Guru Adam Montana ...we're watching a few items - 2021 budget, upcoming elections, and the HCL being fairly key. ...With regards to the upcoming elections...the confidence they currently have in the future of Iraq's political stability. Political stability is huge for this process. The lack of civil unrest, the low level of drama in the streets, and the continued progress in Parliament is absolutely essential for this pot to boil over...We have that. It's obvious from where we are sitting, and it's obvious to them as well. [post 1 of 2....stay tuned]
11-20-2020 Intel Guru Bruce [via WiserNow] ...We know that we are in a very slow roll out of this RV – but it has started – it started last week...So – I’m excited that the rough idea of the timeline – I believe we will go around Thanksgiving at this point we could do something but as of right now I think we will get started before hand...
11-20-2020 Newshound Guru Jeff Article: "After meeting with the components of Sinjar, Plashart urges Baghdad and Erbil to speed up the implementation of the agreement" Here's another post rate change article. These things just keep pouring out now that they're at the end of the borrowing law...these patterns are very telling and revealing...reconstruction, improved services and returning displaced people to their homes those are the reforms right there...they're pumping out right now reform articles and post rate change articles...they're coming out left and right now that you're at the end of the borrowing law. Again the borrowing law is simply waiting on nothing more than a presidential signature which we hope to see by Saturday.
11-20-2020 Intel Guru MarkZ [via PDK] [Will the RV happen before January 1st?] I will be stunned, floored and confused if we have not seen a change of value by then. Iraq seems to be pushing everything to make it happen…Most of our news is still coming out of the middle east as we have Iraq positioned for a revalue or a reinstatement of their currency...
11-20-2020 Newshound/Intel Guru Mnt Goat Article: "IRAQI FINANCE PREPARES TO IMPLEMENT AN INTERNATIONAL PROGRAM...AND EXPLAINS 'BENEFITS' " I have explained the significance of implementing this automated system. It goes to FOREX to get the current rates of currencies to calculate the conversion. The dinar will have to be “live” and trading on FOREX for this to even work. So what are they telling us without telling us?
11-20-2020 Intel Guru Frank26 You're about to see IMO the Erbil stock exchange go online at any moment now...the ESX is linked with the ISX. You're going to see these stock exchanges are allowing international investments to occur with their stock markets...you're going to see a plethora, an avalanche, a cornucopia, a pinata explode of investors coming into the ISX and the ESX...when the ESX and ISX go international it will be with a new exchange rate for their currency.
11-20-2020 Newshound Guru Jeff I don't know if you guys have noticed the level of articles coming out. They have ending and completion written all over them. There was one article this morning talking about Iraq joining the World Trade. They could only do that when their currency is internally recognized. There's a second one talking about the only way to revive Iraq's economy is to reform the banking sector to promote and launch investment...These articles...have ending and completing all over them as Iraq reaches the end of that borrowing law...
11-20-2020 Newshound Guru Adam Montana ...Regarding the Budget, we always hear dates and timelines for things. I dismiss most of those as "noise" - but from my sources this week, there is a strong likelihood that this is going to hold up and possibly even be pushed through sooner than expected... Last but not least is the HCL... where are we with that? It's all tied together. As long as the two items above continue to go well, I understand that there is a high level of confidence in the HCL coming together as well. Rapidly. And we all know what that means. GOOO RRRRVVVVVV!!! [post 2 of 2]
11-20-2020 Newshound Guru Adam Montana ...we're watching a few items - 2021 budget, upcoming elections, and the HCL being fairly key. ...With regards to the upcoming elections...the confidence they currently have in the future of Iraq's political stability. Political stability is huge for this process. The lack of civil unrest, the low level of drama in the streets, and the continued progress in Parliament is absolutely essential for this pot to boil over...We have that. It's obvious from where we are sitting, and it's obvious to them as well. [post 1 of 2....stay tuned]
11-20-2020 Intel Guru Bruce [via WiserNow] ...We know that we are in a very slow roll out of this RV – but it has started – it started last week...So – I’m excited that the rough idea of the timeline – I believe we will go around Thanksgiving at this point we could do something but as of right now I think we will get started before hand...
11-20-2020 Newshound Guru Jeff Article: "After meeting with the components of Sinjar, Plashart urges Baghdad and Erbil to speed up the implementation of the agreement" Here's another post rate change article. These things just keep pouring out now that they're at the end of the borrowing law...these patterns are very telling and revealing...reconstruction, improved services and returning displaced people to their homes those are the reforms right there...they're pumping out right now reform articles and post rate change articles...they're coming out left and right now that you're at the end of the borrowing law. Again the borrowing law is simply waiting on nothing more than a presidential signature which we hope to see by Saturday.
11-20-2020 Intel Guru MarkZ [via PDK] [Will the RV happen before January 1st?] I will be stunned, floored and confused if we have not seen a change of value by then. Iraq seems to be pushing everything to make it happen…Most of our news is still coming out of the middle east as we have Iraq positioned for a revalue or a reinstatement of their currency...
11-20-2020 Newshound/Intel Guru Mnt Goat Article: "IRAQI FINANCE PREPARES TO IMPLEMENT AN INTERNATIONAL PROGRAM...AND EXPLAINS 'BENEFITS' " I have explained the significance of implementing this automated system. It goes to FOREX to get the current rates of currencies to calculate the conversion. The dinar will have to be “live” and trading on FOREX for this to even work. So what are they telling us without telling us?
11-20-2020 Intel Guru Frank26 You're about to see IMO the Erbil stock exchange go online at any moment now...the ESX is linked with the ISX. You're going to see these stock exchanges are allowing international investments to occur with their stock markets...you're going to see a plethora, an avalanche, a cornucopia, a pinata explode of investors coming into the ISX and the ESX...when the ESX and ISX go international it will be with a new exchange rate for their currency.
11-20-2020 Newshound Guru Jeff I don't know if you guys have noticed the level of articles coming out. They have ending and completion written all over them. There was one article this morning talking about Iraq joining the World Trade. They could only do that when their currency is internally recognized. There's a second one talking about the only way to revive Iraq's economy is to reform the banking sector to promote and launch investment...These articles...have ending and completing all over them as Iraq reaches the end of that borrowing law...
11-19-2020 Newshound Guru MilitiaMan Article: "Finance begins automating the customs and tax system and submits its project to the Council of Ministers" Quotes: "The program enjoys high transparency as it is from an international organization and according to international standards specialized in customs procedures...; "The program will be managed by Iraqi hands after being trained on the program by international experts..." Looks like they are going international, as things are in motion now. This system has about 90 countries that use it. Trading partners of Iraq, too...the Central Bank is in line too. I recall the CBI is to be asked a question this weekend.. Gets even more interesting. Salaries are in limbo? We shall see. But all things point international now...imo...
11-19-2020 Newshound/Intel Guru Mnt Goat ...the news this week was mostly about measures to move Iraq forward in economic development and reforms...From what we are observing Iraq is moving towards yet another attempt at a reinstatement for January 2021. Yes, here we go again. The preparations are like I have not see in prior attempts even as they are making more serious efforts. But it is still to be seen the project to delete the zeros and this project must be completed prior to any reinstatement.
11-19-2020 Newshound Guru Jeff I told you the last thing we're waiting for is Iraq to complete that borrowing law. At this point all the borrowing law has remaining is just a presidential signature to ratify it. Once he ratifies it they can change the rate at any time. We're hoping that he signs it by Saturday.
11-19-2020 Intel Guru RayRen98 Iraq: • Iraq Minister of Trade is saying that Iraq must join the World Trade Organization (WTO). This will help their country. • News is indicating that private banks are supporting all reforms by the CBI (Central Bank of Iraq). • The new tax system is being submitted to the Council of Ministers for approval. • United Nations representatives are on Iraqi TV interviews requesting that Baghdad and Erbil accelerate acceptance of their agreements and to complete the financial reforms. • Iraqi TV is broadcasting that President Saleh is refusing to sign the Borrowing Law...(more news at 11) US: • Some banks are very excited after having meetings with Treasury. • Some rates are being seen again...
11-19-2020 Intel Guru Frank26 The MR went into a recalculation which is called an RV (revalue) and then it went into an RI which is what they're doing. They're reinstating it. They'd love to get it back to the glory days of $3.22 ...And it ends with an RD. Which is the redenomination. Let me see those new small category notes and what goes with it! All these things that are happening are extremely encouraging. You've got to be encouraged by it.
11-19-2020 Intel Guru MarkZ [via PDK] Quiet overnight…no movement in the banking centers...or anywhere…Iraq continues on its slow and steady path to revaluation.
11-19-2020 Intel Guru Bruce People that are wondering about the election – there are a lot of things happening of course – behind the scenes – regarding that – I am being told from several sources that the election itself has no immediate direct bearing on the blessing that we are waiting for...
11-19-2020 Newshound Guru Jeff What is the budget waiting on? Why haven't we seen it yet? Well it's simple. Because this budget has reforms in it. It literally needs the rate change for its calculations. In other words they can't start the budget until after the rate has changed. Article: "The 2021 Budget Will arrive in Parliament Next week". If this is true I've got a big smile on my face...everything I've been telling you is right on track...we're looking good.
11-19-2020 Intel Guru Frank26 ...the borrowing law was passed. When it was passed IMO a new calculation was taken into account. This law allows the GOI to borrow money now...the mechanism of raising the value of the Iraqi dinar to go from trillions to billions is in play. The lifting of the exchange rate value and the introduction of the RD [Redenomination] - That's the last part of this Monetary Reform...they are about to raise the value of their currency and they are about to introduce a new currency and this is the last part.
11-19-2020 Intel Guru Delta ...they say when Iraq goes back internationally they have to go to the pre-war...that's about $3.22. They're talking about a reinstatement...it's a one way street. There's no going back. You can see the urgency and rushing to finalize this...because they know when they release the value and go international whoever becomes the president in the U.S. they cannot change that anymore because it's a one way street. If they go right now, to say 1 to 1, they cannot come back and say we're going back to 1200 dinar. It doesn't work anymore...they are moving very fast...they have to finish and finalize the new rate.
11-19-2020 Newshound/Intel Guru Mnt Goat ...the news this week was mostly about measures to move Iraq forward in economic development and reforms...From what we are observing Iraq is moving towards yet another attempt at a reinstatement for January 2021. Yes, here we go again. The preparations are like I have not see in prior attempts even as they are making more serious efforts. But it is still to be seen the project to delete the zeros and this project must be completed prior to any reinstatement.
11-19-2020 Newshound Guru Jeff I told you the last thing we're waiting for is Iraq to complete that borrowing law. At this point all the borrowing law has remaining is just a presidential signature to ratify it. Once he ratifies it they can change the rate at any time. We're hoping that he signs it by Saturday.
11-19-2020 Intel Guru RayRen98 Iraq: • Iraq Minister of Trade is saying that Iraq must join the World Trade Organization (WTO). This will help their country. • News is indicating that private banks are supporting all reforms by the CBI (Central Bank of Iraq). • The new tax system is being submitted to the Council of Ministers for approval. • United Nations representatives are on Iraqi TV interviews requesting that Baghdad and Erbil accelerate acceptance of their agreements and to complete the financial reforms. • Iraqi TV is broadcasting that President Saleh is refusing to sign the Borrowing Law...(more news at 11) US: • Some banks are very excited after having meetings with Treasury. • Some rates are being seen again...
11-19-2020 Intel Guru Frank26 The MR went into a recalculation which is called an RV (revalue) and then it went into an RI which is what they're doing. They're reinstating it. They'd love to get it back to the glory days of $3.22 ...And it ends with an RD. Which is the redenomination. Let me see those new small category notes and what goes with it! All these things that are happening are extremely encouraging. You've got to be encouraged by it.
11-19-2020 Intel Guru MarkZ [via PDK] Quiet overnight…no movement in the banking centers...or anywhere…Iraq continues on its slow and steady path to revaluation.
11-19-2020 Intel Guru Bruce People that are wondering about the election – there are a lot of things happening of course – behind the scenes – regarding that – I am being told from several sources that the election itself has no immediate direct bearing on the blessing that we are waiting for...
11-19-2020 Newshound Guru Jeff What is the budget waiting on? Why haven't we seen it yet? Well it's simple. Because this budget has reforms in it. It literally needs the rate change for its calculations. In other words they can't start the budget until after the rate has changed. Article: "The 2021 Budget Will arrive in Parliament Next week". If this is true I've got a big smile on my face...everything I've been telling you is right on track...we're looking good.
11-19-2020 Intel Guru Frank26 ...the borrowing law was passed. When it was passed IMO a new calculation was taken into account. This law allows the GOI to borrow money now...the mechanism of raising the value of the Iraqi dinar to go from trillions to billions is in play. The lifting of the exchange rate value and the introduction of the RD [Redenomination] - That's the last part of this Monetary Reform...they are about to raise the value of their currency and they are about to introduce a new currency and this is the last part.
11-19-2020 Intel Guru Delta ...they say when Iraq goes back internationally they have to go to the pre-war...that's about $3.22. They're talking about a reinstatement...it's a one way street. There's no going back. You can see the urgency and rushing to finalize this...because they know when they release the value and go international whoever becomes the president in the U.S. they cannot change that anymore because it's a one way street. If they go right now, to say 1 to 1, they cannot come back and say we're going back to 1200 dinar. It doesn't work anymore...they are moving very fast...they have to finish and finalize the new rate.
11-18-2020 Intel Guru MarkZ [What do you hear about NDA’s? Do you think they are real?] I do…I know Mr. C [Guru Mike Cottrell] does not think there will be one…I think the NDA will only be on the rate…i do not think it will be “all powerful” and they can take your money if you say anything…..I had talked to a number of bankers that agree with me. The NDA on rate is for many different reasons…Different countries may have different rates. They have different levels of participation- especially on the dinar. Also to protect ourselves…..for our security….That is what I am being told...
11-18-2020 Newshound/Intel Guru Mnt Goat Article: "ASIA TIMES: ASIA-PACIFIC COUNTRIES SIGN WORLD'S LARGEST TRADE PACT ... INCLUDING VIETNAM, INDONESIA " Vietnam is getting into the same situation as Iraq . Unless they release a rate it will be hard to do business in Vietnam with all these zeros. This is one to watch. I have proof that the Dong was scheduled to revalue way back in 2011 and was held up due to money laundering for China . But that was 9 years ago. It is way overdue to revalue.
11-18-2020 Intel Guru Bruce [via WiserNow] ...things are happening – this has started and now it is a matter of when they are going to reach us – we are not at the very front of the line... we are that close...I do believe they want this completed for us before Thanksgiving...Don’t sweat the rates – we are going to be in great shape on rates – on Dinar – Dong...
11-18-2020 Intel Guru RayRen98 [IN YOUR OPINION - WHEN] ANY DAY NOW... BANKS SAYING THAT AS WELL. SOME BANKS ARE "ON LOCATION" TODAY...WAITING FOR THE "GO" SIGNAL!
11-18-2020 Newshound Guru Jeff Let's talk about the 2021 budget..."the rate is in the budget". That's not true. Budgets do not contain rates. They're calculated off rates...it simply converts the overall calculation of the budget from being calculated in trillions of dinar (this is in today's rate) to billions of dinar after the rate change...
11-18-2020 Intel Guru Frank26 A lot of you think, 'Oh, we've got the borrowing law! It's got the rate inside." No. I never said that...we told you the borrowing law was extremely important for the international world to coming into Iraq so they could have a rate. Therefore, the borrowing law when passed would be part of the reason to come out with a new rate.
11-18-2020 Intel Guru Footforward ...I believe they have wanted to pull the trigger on the RV at least a dozen times this year so far...
11-18-2020 Intel Guru MarkZ [via PDK] From banking contacts…I am being told that suddenly there was a push last night to get everybody in place to “update” information for next week. ...if you did not see [Guru] Walkingsticks post...on what’s going on in the banking sector…the Government and the CBI is now instructing banks, and the banks will be instructing people…and they are finally positioning for a revaluation of their currency over there. Cross your fingers…the news chatter is exceptionally good today. I have also heard the news Walkingstick reported from 3 of my contacts on the ground in Iraq. [reference Gurus Walkingstick & Frank26 post 11-17-2020] [Walking Stick...is affiliated with accounting firm and several private banks in Iraq.]
11-18-2020 Newshound/Intel Guru Mnt Goat Article: "THE DECLINE IN THE RESERVES OF THE CENTRAL BANK OF IRAQ TO 35 BILLION DOLLARS .. AND THE REASON!" so the loans they have been recently talking about to pay the salaries did NOT come from outside international funds? So they lied to us and to the Iraqi people. This is not good as they are now below the acceptable IMF levels for financial requirements. I told everyone they could NOT get outside loans in spite of what they were telling us they planned to do...
11-18-2020 Intel Guru Delta ...there's so many confirmations that the Central Bank of Iraq they're on the verge to changing the rates and then go to the market economy...the CBI governor...told everyone that he is going to make the Iraqi dinar stronger. This is what we're looking for. We're really in good progress...not everything means imminent revaluation...yes, something is going to happen. We don't have much left...even if it's going to happen December or January that's less than 2 months left...this is the end of it.
11-18-2020 Intel Guru MarkZ [via PDK] [Is the RV and the QFS (Quantum Financial System) real?] Yes I believe the RV is real…and the QFS is real…its all true and on its way...
11-18-2020 Newshound Guru Jeff ...Iraq has shown us for a while THERE'S NOTHING LEFT! Since they completed the Borrowing Law we only hear crickets from Iraq.
11-18-2020 Newshound/Intel Guru Mnt Goat Article: "ASIA TIMES: ASIA-PACIFIC COUNTRIES SIGN WORLD'S LARGEST TRADE PACT ... INCLUDING VIETNAM, INDONESIA " Vietnam is getting into the same situation as Iraq . Unless they release a rate it will be hard to do business in Vietnam with all these zeros. This is one to watch. I have proof that the Dong was scheduled to revalue way back in 2011 and was held up due to money laundering for China . But that was 9 years ago. It is way overdue to revalue.
11-18-2020 Intel Guru Bruce [via WiserNow] ...things are happening – this has started and now it is a matter of when they are going to reach us – we are not at the very front of the line... we are that close...I do believe they want this completed for us before Thanksgiving...Don’t sweat the rates – we are going to be in great shape on rates – on Dinar – Dong...
11-18-2020 Intel Guru RayRen98 [IN YOUR OPINION - WHEN] ANY DAY NOW... BANKS SAYING THAT AS WELL. SOME BANKS ARE "ON LOCATION" TODAY...WAITING FOR THE "GO" SIGNAL!
11-18-2020 Newshound Guru Jeff Let's talk about the 2021 budget..."the rate is in the budget". That's not true. Budgets do not contain rates. They're calculated off rates...it simply converts the overall calculation of the budget from being calculated in trillions of dinar (this is in today's rate) to billions of dinar after the rate change...
11-18-2020 Intel Guru Frank26 A lot of you think, 'Oh, we've got the borrowing law! It's got the rate inside." No. I never said that...we told you the borrowing law was extremely important for the international world to coming into Iraq so they could have a rate. Therefore, the borrowing law when passed would be part of the reason to come out with a new rate.
11-18-2020 Intel Guru Footforward ...I believe they have wanted to pull the trigger on the RV at least a dozen times this year so far...
11-18-2020 Intel Guru MarkZ [via PDK] From banking contacts…I am being told that suddenly there was a push last night to get everybody in place to “update” information for next week. ...if you did not see [Guru] Walkingsticks post...on what’s going on in the banking sector…the Government and the CBI is now instructing banks, and the banks will be instructing people…and they are finally positioning for a revaluation of their currency over there. Cross your fingers…the news chatter is exceptionally good today. I have also heard the news Walkingstick reported from 3 of my contacts on the ground in Iraq. [reference Gurus Walkingstick & Frank26 post 11-17-2020] [Walking Stick...is affiliated with accounting firm and several private banks in Iraq.]
11-18-2020 Newshound/Intel Guru Mnt Goat Article: "THE DECLINE IN THE RESERVES OF THE CENTRAL BANK OF IRAQ TO 35 BILLION DOLLARS .. AND THE REASON!" so the loans they have been recently talking about to pay the salaries did NOT come from outside international funds? So they lied to us and to the Iraqi people. This is not good as they are now below the acceptable IMF levels for financial requirements. I told everyone they could NOT get outside loans in spite of what they were telling us they planned to do...
11-18-2020 Intel Guru Delta ...there's so many confirmations that the Central Bank of Iraq they're on the verge to changing the rates and then go to the market economy...the CBI governor...told everyone that he is going to make the Iraqi dinar stronger. This is what we're looking for. We're really in good progress...not everything means imminent revaluation...yes, something is going to happen. We don't have much left...even if it's going to happen December or January that's less than 2 months left...this is the end of it.
11-18-2020 Intel Guru MarkZ [via PDK] [Is the RV and the QFS (Quantum Financial System) real?] Yes I believe the RV is real…and the QFS is real…its all true and on its way...
11-18-2020 Newshound Guru Jeff ...Iraq has shown us for a while THERE'S NOTHING LEFT! Since they completed the Borrowing Law we only hear crickets from Iraq.
11-17-2020 Newshound/Intel Gurus Walkingstick & Frank26 The executive branch level [of Iraqi banks] were told by the CBI everything they needed to know to pass to the citizens about the new exchange rate and the new small category notes...IMO within a week...the monetary reform information will now go from the executive level of banks to the senior management of the Iraqi banks...then those senior level management people will pass it on to their floor managers and their tellers. Then they will pass it on to the citizens of Iraq...this ain't gonna last long. IOO you're going to see this within a week.
11-17-2020 Intel Guru MarkZ [via PDK] [(Guru) Delta is suggestion RV after Dec. 1st.] Delta has great contacts in Iraq. My news coming out of Iraq has been awesome.
11-17-2020 Intel Guru Frank26 What I do know is the President of the United States of America Donald Trump is still president. And our dinar investment is still alive.
11-17-2020 Intel Guru Delta ...Kazemi did order the Financial Committee to submit the 2021 budget to the Council of Ministers by the end of November. Here's the key here. If this budget has the new rate, which they've told us it does...then sometime before that budget goes to the parliament IMO we might see the rate from the Central Bank of Iraq.
11-17-2020 Newshound/Intel Guru Mnt Goat Everything still seems to be lining up for an early 2021 reinstatement of the Iraqi dinar. Will it actually occur this time? As in past tries we only know what we know and so this is all we can go by...Let’s just sit tight and hope this Covid or election bullsxxt does not impact the release.
11-17-2020 Newshound Guru Pimpy ...sometime here shortly you're gonna see the budget being passed for 2021. I get asked this all the time...will the rate change be in there? ...the first thing that pops into my head is it should be. But stop tying the rate change into the budget. The reason I don't want you to do that is because we know the reform papers...said they were going to be discussing about the exchange rate...But discussing it and actually doing something to change the rate are two different things. So you might see a scenario where the 2021 budget is passed and there's no rate change...here's what could happen. Depending on what's going on you can see a rate change drop at any time...then they could turn around and make an amendment to the budget...It's all speculation...the rate change can happen at any time.
11-17-2020 Intel Guru MarkZ [via PDK] Do I still think we are in a great spot? Absolutely...I feel good about where we are at... We were told to expect misinformation at the end…so I am taking comfort in that. There are a number of key meetings going on today for a number of my exchange people in different places around the globe. So hopefully tomorrow I will have solid, actual news and updates about those.
11-17-2020 Newshound Guru Jeff One of the steps in positioning the money is the rate change. But they needed to know the cost of the reforms first so that's what they worked on through the Borrowing Law...The borrowing law is the last step before the rate change. So far they've done all three readings of the borrowing law. The next step we need to see is the President signing off on it. He'll most likely do so this week by Saturday the 21st. When they do that they can officially change the rate at any time... [Post 2 of 2]
11-17-2020 Newshound Guru Jeff Review: ...this year they had to get a new Prime Minister and they got him in. His goal? Achieve stability in the government and the country of Iraq. He did that politically. Got rid of people. Got new people in. Got a new Central Bank Governor and all that. After he achieved stability, they traveled around putting international agreements in place between Europe, U.S., different countries and companies. They were also taken off the "naughty list" between the U.S, Europe and the U.N. ...once they had all those cogs in place they started to position the money... [Post 1 of 2]
11-17-2020 Intel Guru Delta ...they are going to pay everybody [Iraqi salaries] the first week [of December]. Then any time after that is going to be game on for the CBI to show us the rate...In 2015 they changed the rate it was on December 3, 2015. It was a Tuesday. They changed the rate from 1166 to 1182...around that time they were working on the budget. We know the 2021 budget does have the rate in it. This is not our opinion this is fact because...the financial committee in parliament were asking the government...'we need to find out what the exchange rate for 2021 budget'. The parliament asked this of the government. Number 2 the financial minister told us in interviews that when it comes to the rate it's very sensitive number - we cannot even talk about numbers. He's telling you right there...this is a secret. This is sensitive. They cannot even talk about it...
11-17-2020 Intel Guru MarkZ [via PDK] [(Guru) Delta is suggestion RV after Dec. 1st.] Delta has great contacts in Iraq. My news coming out of Iraq has been awesome.
11-17-2020 Intel Guru Frank26 What I do know is the President of the United States of America Donald Trump is still president. And our dinar investment is still alive.
11-17-2020 Intel Guru Delta ...Kazemi did order the Financial Committee to submit the 2021 budget to the Council of Ministers by the end of November. Here's the key here. If this budget has the new rate, which they've told us it does...then sometime before that budget goes to the parliament IMO we might see the rate from the Central Bank of Iraq.
11-17-2020 Newshound/Intel Guru Mnt Goat Everything still seems to be lining up for an early 2021 reinstatement of the Iraqi dinar. Will it actually occur this time? As in past tries we only know what we know and so this is all we can go by...Let’s just sit tight and hope this Covid or election bullsxxt does not impact the release.
11-17-2020 Newshound Guru Pimpy ...sometime here shortly you're gonna see the budget being passed for 2021. I get asked this all the time...will the rate change be in there? ...the first thing that pops into my head is it should be. But stop tying the rate change into the budget. The reason I don't want you to do that is because we know the reform papers...said they were going to be discussing about the exchange rate...But discussing it and actually doing something to change the rate are two different things. So you might see a scenario where the 2021 budget is passed and there's no rate change...here's what could happen. Depending on what's going on you can see a rate change drop at any time...then they could turn around and make an amendment to the budget...It's all speculation...the rate change can happen at any time.
11-17-2020 Intel Guru MarkZ [via PDK] Do I still think we are in a great spot? Absolutely...I feel good about where we are at... We were told to expect misinformation at the end…so I am taking comfort in that. There are a number of key meetings going on today for a number of my exchange people in different places around the globe. So hopefully tomorrow I will have solid, actual news and updates about those.
11-17-2020 Newshound Guru Jeff One of the steps in positioning the money is the rate change. But they needed to know the cost of the reforms first so that's what they worked on through the Borrowing Law...The borrowing law is the last step before the rate change. So far they've done all three readings of the borrowing law. The next step we need to see is the President signing off on it. He'll most likely do so this week by Saturday the 21st. When they do that they can officially change the rate at any time... [Post 2 of 2]
11-17-2020 Newshound Guru Jeff Review: ...this year they had to get a new Prime Minister and they got him in. His goal? Achieve stability in the government and the country of Iraq. He did that politically. Got rid of people. Got new people in. Got a new Central Bank Governor and all that. After he achieved stability, they traveled around putting international agreements in place between Europe, U.S., different countries and companies. They were also taken off the "naughty list" between the U.S, Europe and the U.N. ...once they had all those cogs in place they started to position the money... [Post 1 of 2]
11-17-2020 Intel Guru Delta ...they are going to pay everybody [Iraqi salaries] the first week [of December]. Then any time after that is going to be game on for the CBI to show us the rate...In 2015 they changed the rate it was on December 3, 2015. It was a Tuesday. They changed the rate from 1166 to 1182...around that time they were working on the budget. We know the 2021 budget does have the rate in it. This is not our opinion this is fact because...the financial committee in parliament were asking the government...'we need to find out what the exchange rate for 2021 budget'. The parliament asked this of the government. Number 2 the financial minister told us in interviews that when it comes to the rate it's very sensitive number - we cannot even talk about numbers. He's telling you right there...this is a secret. This is sensitive. They cannot even talk about it...
11-16-2020 Intel Guru Frank26 ...what more is there to tell you? I already told you that the upper echelon executive level of the banks met with the CBI and they discussed with the citizens about the new small category notes and the new exchange rate...I don't know if it's going to happen this week, next week or whenever...you are always ahead of the learning curve with us. I'm not trying to boast...
11-16-2020 Intel Guru MarkZ [...will we have an RV this month?] I think it is highly possible…and I think we will know more by Thursday or Friday this week.
11-16-2020 Newshound Guru MilitiaMan Article quote: "...Using various monetary policy tools in order to control inflation and restore the Iraqi dinar exchange rate to a good level, as it was before the Iraq - Iran war (1 dinar pound equals $ 3.30) by activating and activating the monetary tools of the Central Bank with Increasing the activity of the stock market and the banking sector." ...articles today and recently talk about the stock exchanges and the secondary markets...They want it back at a good level too!! Their words and not mine.. imo. Lets not forget and it is key, that they can and will be able to internally borrow with an exchange rate like they had in the past. My view is if and when they do get back to where they were, that could usher in the stolen monies in the tune of $150 billion. That along with a new exchange rate would help establish a better credit rating, just as automation at the borders and ports will... Iraq is in the drivers seat, now to just buckle up and put her in gear now!!
11-16-2020 Newshound Guru Jeff A good article came out "Kurdistan Region Ready to Submit All Its Oil To Baghdad If Given $753 Million Monthly: President Barzani" ...the president is about to sign off on the borrowing law notice how they bring this back...they're clearly telling you that's why they stopped talking about this. They had to put it on the shelf till they had everything farther positioned getting ready for the rate change. That's what this whole step is waiting and dependent on. And now they're bringing it back. And they're bringing it back right when the president is preparing to sign off on the Borrowing Law. Remember that is the last step and delay we're waiting on to see the rate change and they're proving that and showing you that through these steps and actions right here...
11-16-2020 Intel Guru MarkZ [via PDK] I did a lot of digging on that Trump tweet about Iraq I told you about on Friday and found out that it was indeed made up…on purpose to show how easy it was to deceive this community…..we all need to do our due diligence. [reference MarkZ post 11-13-2020]
11-16-2020 Newshound Guru Jeff We're looking for two things this week. We're looking for the President to sign off on the borrowing law. That way it becomes legal and binding. That would be the first step. At that point they can change the rate at any time. But once they come out and tell you when they plan to make the payment on those salaries the rate has to change before that. It's as simple as that...
11-16-2020 Intel Guru MarkZ [...will we have an RV this month?] I think it is highly possible…and I think we will know more by Thursday or Friday this week.
11-16-2020 Newshound Guru MilitiaMan Article quote: "...Using various monetary policy tools in order to control inflation and restore the Iraqi dinar exchange rate to a good level, as it was before the Iraq - Iran war (1 dinar pound equals $ 3.30) by activating and activating the monetary tools of the Central Bank with Increasing the activity of the stock market and the banking sector." ...articles today and recently talk about the stock exchanges and the secondary markets...They want it back at a good level too!! Their words and not mine.. imo. Lets not forget and it is key, that they can and will be able to internally borrow with an exchange rate like they had in the past. My view is if and when they do get back to where they were, that could usher in the stolen monies in the tune of $150 billion. That along with a new exchange rate would help establish a better credit rating, just as automation at the borders and ports will... Iraq is in the drivers seat, now to just buckle up and put her in gear now!!
11-16-2020 Newshound Guru Jeff A good article came out "Kurdistan Region Ready to Submit All Its Oil To Baghdad If Given $753 Million Monthly: President Barzani" ...the president is about to sign off on the borrowing law notice how they bring this back...they're clearly telling you that's why they stopped talking about this. They had to put it on the shelf till they had everything farther positioned getting ready for the rate change. That's what this whole step is waiting and dependent on. And now they're bringing it back. And they're bringing it back right when the president is preparing to sign off on the Borrowing Law. Remember that is the last step and delay we're waiting on to see the rate change and they're proving that and showing you that through these steps and actions right here...
11-16-2020 Intel Guru MarkZ [via PDK] I did a lot of digging on that Trump tweet about Iraq I told you about on Friday and found out that it was indeed made up…on purpose to show how easy it was to deceive this community…..we all need to do our due diligence. [reference MarkZ post 11-13-2020]
11-16-2020 Newshound Guru Jeff We're looking for two things this week. We're looking for the President to sign off on the borrowing law. That way it becomes legal and binding. That would be the first step. At that point they can change the rate at any time. But once they come out and tell you when they plan to make the payment on those salaries the rate has to change before that. It's as simple as that...
11-15-2020 Intel Guru Footforward Article: "Kurdistan Region Ready to Submit All Its Oil To Bagdad If Given $753 Million Monthly" The Kurds are ready to play ball basically. They sound very ready and willing.
11-15-2020 Newshound Guru Kaperoni Article quotes: "Ahmed al-Haj, a member of the parliamentary Finance Committee that is part of the newly formed financial alliance, told Al-Monitor that the international financial alliance consented to the request to exempt Iraq from the OPEC+ obligations, and added that consultations between countries will kick off within days..." "He underscored that the international community does not want to see timid reforms, as was the case in the past..." "The Kadhimi government released a white paper for economic reforms that consists of a vision to resolve problems in the non-oil sector...He indicated that the white paper for economic reform shows the international community that Iraq is serious about reforming its economic and financial situation." We can hope that the plan works.
11-15-2020 Newshound Guru MilitiaMan Saudi Arabia announces "mega projects" for it in Iraq and is glad to open Arar" Quote: "There are giant projects that will be implemented in the next stage..." My thinking is that the ports opening, the funding or KW projects and the salaries to be paid tomorrow are not a coincidence. At least they are closely linked to the coming days or so. So, from the sounds of all the data out, this is about over...If SA is on board, game over...I have to agree that is sure looks that way...imo.
11-15-2020 Newshound Guru Pimpy ...make sure you take all the information you get and filter it through all of it and you make your own decision on what is crap and what isn't. I don't want you to feel down about if Biden gets in "will an RV happen?" That is the talk if I'm being honest but again that's only from a couple people. Then on the other group of people are going, nothing is going to change...It's going to happen period. It's split down the middle. Half the people say yeah it going to happen regardless. Then the other half are saying hell no. We don't know. No body knows my friends. Only the people who are supposed to know...are the only people who know. Until they let the world know. No body knows. So don't get down on it...let's keep positive...
11-15-2020 Newshound Guru Kaperoni Article quotes: "Ahmed al-Haj, a member of the parliamentary Finance Committee that is part of the newly formed financial alliance, told Al-Monitor that the international financial alliance consented to the request to exempt Iraq from the OPEC+ obligations, and added that consultations between countries will kick off within days..." "He underscored that the international community does not want to see timid reforms, as was the case in the past..." "The Kadhimi government released a white paper for economic reforms that consists of a vision to resolve problems in the non-oil sector...He indicated that the white paper for economic reform shows the international community that Iraq is serious about reforming its economic and financial situation." We can hope that the plan works.
11-15-2020 Newshound Guru MilitiaMan Saudi Arabia announces "mega projects" for it in Iraq and is glad to open Arar" Quote: "There are giant projects that will be implemented in the next stage..." My thinking is that the ports opening, the funding or KW projects and the salaries to be paid tomorrow are not a coincidence. At least they are closely linked to the coming days or so. So, from the sounds of all the data out, this is about over...If SA is on board, game over...I have to agree that is sure looks that way...imo.
11-15-2020 Newshound Guru Pimpy ...make sure you take all the information you get and filter it through all of it and you make your own decision on what is crap and what isn't. I don't want you to feel down about if Biden gets in "will an RV happen?" That is the talk if I'm being honest but again that's only from a couple people. Then on the other group of people are going, nothing is going to change...It's going to happen period. It's split down the middle. Half the people say yeah it going to happen regardless. Then the other half are saying hell no. We don't know. No body knows my friends. Only the people who are supposed to know...are the only people who know. Until they let the world know. No body knows. So don't get down on it...let's keep positive...
11-14-2020 Newshound Guru MilitiaMan ...Kadhimi talks of Salaries in the same breathe as the funding of the Kuwait projects. The question is, with the international borders opening and the automation of payments for taxation, salaries, fees, etc, will they have a program rate associated with new opening internationally or will the new issue be different? They did not implement the monies for upwards of three years now? Why now? Well, if Iraq is to be fully article 8 compliant they'll need the rate to change to reflect that. The borrowing law was legislated and is to be enforce. That suggests they have the ability to borrow. But, liquidity suggests that couldn't be done at at program rate...imo.
11-14-2020 Newshound Guru Pimpy This is my opinion and my opinion only...whatever is going to happen needs to happen quickly...the truth of the matter is whenever the discussion of the rate change happens, it's done in a very very small group of people. If they decide to do it, one person will call it and make it happen. You won't even be aware of it until people start blowing it up all over social media. We have no idea what's holding it up or why it hasn't gone forward. There is a lot of speculation that it might happen between now and the end of the year...I understand why. That would be nice. But there is no proof of that...stay grounded. [If you want to be among the first to know about a rate change of the Iraqi dinar...get on the Dinar Guru Alert list! Simply enter your name and email in the blue box at the top of this page! It's free! :)]
11-14-2020 Newshound Guru Pimpy ...talking to my friends in the currency world, there is a lot of speculation back and forth on what a Biden Administration means to the exchange rate happening for the Iraqi dinar. Again it goes back and forth. It's all speculation. Some people say it doesn't matter. The rate change is the rate change. But then you got other people...there is concern expressed at some high levels. Either way here's my thing...everybody is only speculating...we don't know what's going to happen...I'm expecting news on the Iraqi dinar any day now. Hopefully good news and I'll be able to share it.
11-14-2020 Newshound Guru Kaperoni Direct from the IMF in 2014...“14. The de facto fixed exchange rate has served Iraq well. The authorities agreed that a stable nominal exchange rate provides a valuable anchor for inflation expectations in an uncertain environment, and intend to continue implementing this policy for the foreseeable future. In the medium term, staff encouraged the authorities to consider creating the conditions which would make possible a move to a more flexible exchange rate policy. Such flexibility could allow a predictable and gradual appreciation of the nominal exchange rate, triggered by strong oil revenues and the Balassa-Samuelson effect, to accommodate a possible real exchange rate appreciation while keeping domestic inflation low.” In other words, create the condition to move from a peg to a float and counter inflation as a result of significant investment by allowing the currency to appreciate countering the inflation created from that investment. This is how you do it. It is not an option, it is how central banks operate. There is no RV.
11-14-2020 Newshound Guru Pimpy the reforms are supposed to take place between 3 to 5 years...it's great. the economy grows. Their economy grows their currency becomes stronger. As their currency becomes stronger ours [U.S. Dollar] becomes weaker and that means our exchange rate change benefits those who hold Iraqi dinar.
11-14-2020 Newshound Guru JJimmyJJ Article: "Details of the financial deficit financing law in Iraq" IMO, everything is now done, and they got it [borrowing law] done in time for the GOI and CBI to roll it out before the end of the month (hopefully this weekend(!)...). The important thing, I think, is that it is done and the fab 4 are happy, that there is a sense of urgency sufficiently strong to get them to do something unprecedented, and that now the announcement can be made per their schedule. This is a glorious day!
11-14-2020 Newshound Guru Pimpy This is my opinion and my opinion only...whatever is going to happen needs to happen quickly...the truth of the matter is whenever the discussion of the rate change happens, it's done in a very very small group of people. If they decide to do it, one person will call it and make it happen. You won't even be aware of it until people start blowing it up all over social media. We have no idea what's holding it up or why it hasn't gone forward. There is a lot of speculation that it might happen between now and the end of the year...I understand why. That would be nice. But there is no proof of that...stay grounded. [If you want to be among the first to know about a rate change of the Iraqi dinar...get on the Dinar Guru Alert list! Simply enter your name and email in the blue box at the top of this page! It's free! :)]
11-14-2020 Newshound Guru Pimpy ...talking to my friends in the currency world, there is a lot of speculation back and forth on what a Biden Administration means to the exchange rate happening for the Iraqi dinar. Again it goes back and forth. It's all speculation. Some people say it doesn't matter. The rate change is the rate change. But then you got other people...there is concern expressed at some high levels. Either way here's my thing...everybody is only speculating...we don't know what's going to happen...I'm expecting news on the Iraqi dinar any day now. Hopefully good news and I'll be able to share it.
11-14-2020 Newshound Guru Kaperoni Direct from the IMF in 2014...“14. The de facto fixed exchange rate has served Iraq well. The authorities agreed that a stable nominal exchange rate provides a valuable anchor for inflation expectations in an uncertain environment, and intend to continue implementing this policy for the foreseeable future. In the medium term, staff encouraged the authorities to consider creating the conditions which would make possible a move to a more flexible exchange rate policy. Such flexibility could allow a predictable and gradual appreciation of the nominal exchange rate, triggered by strong oil revenues and the Balassa-Samuelson effect, to accommodate a possible real exchange rate appreciation while keeping domestic inflation low.” In other words, create the condition to move from a peg to a float and counter inflation as a result of significant investment by allowing the currency to appreciate countering the inflation created from that investment. This is how you do it. It is not an option, it is how central banks operate. There is no RV.
11-14-2020 Newshound Guru Pimpy the reforms are supposed to take place between 3 to 5 years...it's great. the economy grows. Their economy grows their currency becomes stronger. As their currency becomes stronger ours [U.S. Dollar] becomes weaker and that means our exchange rate change benefits those who hold Iraqi dinar.
11-14-2020 Newshound Guru JJimmyJJ Article: "Details of the financial deficit financing law in Iraq" IMO, everything is now done, and they got it [borrowing law] done in time for the GOI and CBI to roll it out before the end of the month (hopefully this weekend(!)...). The important thing, I think, is that it is done and the fab 4 are happy, that there is a sense of urgency sufficiently strong to get them to do something unprecedented, and that now the announcement can be made per their schedule. This is a glorious day!
11-13-2020 Intel Guru Bruce [via WiserNow] ... my understanding that Investment Law was passed...which have the actual new Iraqi Dinar rate...the in country rate...so – that is a very positive step forward... I have been called...and I have been put on notice to receive notifications...I do not know exactly when but...the indication was that we should receive notifications quite possibly tomorrow [Friday] or tomorrow late afternoon with the exchanges starting appropriately late tomorrow afternoon or possibly Saturday...we know some people have been paid and are being paid – and that process is moving towards us... I believe that with what’s happened in Iraq...that we have the movement that is pushing us along to where we should see this I am going to say between now and the weekend – and in a very real sense – the weekend starts tomorrow [Friday] - So – let’s see how that goes...
11-13-2020 Intel Guru Delta Article: "Iran begins deleting zeros from its currency and a new banknote" [Delta, Could you clarify what significance this article has on our investment.] TIMING...SOME COUNTRIES WILL DEVALUE SOME WILL RV...IMOO.
11-13-2020 Newshound Guru Pimpy ...there's a lot of speculation...that the rate change is in the 2021 budget. We know that the reform papers or white papers talked about the study of dealing with the rate change but there was nothing set in stone. They're just talking about it. Are we anticipating a rate change? Yes.
11-13-2020 Newshound Guru JJimmyJJ Article: "Details of the financial deficit financing law in Iraq" What has been the mantra for years? The CBI is in control of the rate! They certainly aren't going to allow the den of thieves known as the Iraqi parliament to make the announcement! The GOI and the CBI needed this law passed so they had this piece of the plan in place (the IMF and Fab 4 were requiring it to allow them to borrow any more money from outside Iraq). IMO. IMO, this law was the starting pistol, but it is up to the GOI & CBI to start running. Also, it had always been said that the rate change would be seen in the CBI site and forex first, and that it was likely to come out on a weekend when the banks were closed. [NOTE: You can always see the latest CBI official rate on the left side of this page.]
11-13-2020 Intel Guru MarkZ [via PDK] The big news is the tweet we saw from Trump congratulating Iraq on being international with a new competitive rate. So, they are very excited on the ground in Iraq that the rate is imminent...I will dig to make certain the tweet isn't a fake.
11-13-2020 Newshound/Intel Guru Mnt Goat Article: "AN AMERICAN INSTITUTE EXPECTS A FINANCIAL COLLAPSE OF IRAQ IN 2021" Quote: "Iraq faces a total financial collapse of the state, which is likely to happen during the next year, indicating that the country is finding it difficult to cover its monthly expenses." this article news is why I keep telling everyone this is Iraq’s last chance to get it right. There will be no other time...
11-13-2020 Newshound Guru JJimmyJJ [New Guru ] Article: "In a session held at dawn...Parliament approves a bill to finance "fiscal deficit" What could possibly be so urgent in IRAQ that they worked all day and then held a dawn session to pass it? That's something I've never seen before. This is the mother of all pattern breakers, IMO.
11-13-2020 Intel Guru Delta Article: "Iran begins deleting zeros from its currency and a new banknote" [Delta, Could you clarify what significance this article has on our investment.] TIMING...SOME COUNTRIES WILL DEVALUE SOME WILL RV...IMOO.
11-13-2020 Newshound Guru Pimpy ...there's a lot of speculation...that the rate change is in the 2021 budget. We know that the reform papers or white papers talked about the study of dealing with the rate change but there was nothing set in stone. They're just talking about it. Are we anticipating a rate change? Yes.
11-13-2020 Newshound Guru JJimmyJJ Article: "Details of the financial deficit financing law in Iraq" What has been the mantra for years? The CBI is in control of the rate! They certainly aren't going to allow the den of thieves known as the Iraqi parliament to make the announcement! The GOI and the CBI needed this law passed so they had this piece of the plan in place (the IMF and Fab 4 were requiring it to allow them to borrow any more money from outside Iraq). IMO. IMO, this law was the starting pistol, but it is up to the GOI & CBI to start running. Also, it had always been said that the rate change would be seen in the CBI site and forex first, and that it was likely to come out on a weekend when the banks were closed. [NOTE: You can always see the latest CBI official rate on the left side of this page.]
11-13-2020 Intel Guru MarkZ [via PDK] The big news is the tweet we saw from Trump congratulating Iraq on being international with a new competitive rate. So, they are very excited on the ground in Iraq that the rate is imminent...I will dig to make certain the tweet isn't a fake.
11-13-2020 Newshound/Intel Guru Mnt Goat Article: "AN AMERICAN INSTITUTE EXPECTS A FINANCIAL COLLAPSE OF IRAQ IN 2021" Quote: "Iraq faces a total financial collapse of the state, which is likely to happen during the next year, indicating that the country is finding it difficult to cover its monthly expenses." this article news is why I keep telling everyone this is Iraq’s last chance to get it right. There will be no other time...
11-13-2020 Newshound Guru JJimmyJJ [New Guru ] Article: "In a session held at dawn...Parliament approves a bill to finance "fiscal deficit" What could possibly be so urgent in IRAQ that they worked all day and then held a dawn session to pass it? That's something I've never seen before. This is the mother of all pattern breakers, IMO.
11-12-2020 Intel Guru Footforward [yes borrowing law passed at a late meeting last night!] it did pass...If the new rate is in there, they hid it well. None of my people can find it. It's also possible it's in another piece of legislation that has a date inside of it to be triggered at a later date.
11-12-2020 Intel Guru RayRen98 From Iraq...The election law, which was passed last week, was ratified today and signed by President Saleh. This was in the newspapers. It is expected within a week to see the borrowing law also signed and ratified and in gazette with salaries being paid the next two days. Iraq announces Sunday as day to launch salaries for employees and retirees.
11-12-2020 Newshound/Intel Guru Mnt Goat Nothing has changed and so we are just waiting until the new fiscal year 2021 clock to begin and the adjustments along with the project to delete the zeros may take place.
11-12-2020 Newshound Guru Jeff the last step is positioning in the money. That's what they're doing right now...one of the most important steps of positioning the money is changing the rate and making Iraq's currency internationally recognized. That's one of the most important steps of the reforms. Everything is right on track. It's looking very very good. We are moving in the right direction. Iraq should have everything done and ready to go by the 21st next week...I'm not giving you that as the RV date...that's when they'll have everything done and ready to go...they can change the rate anytime after the president signs it [the borrowing law]. We're looking very good.
11-12-2020 Intel Guru RayRen98 BANKS ARE "ON LOCATION" TODAY... WAITING FOR THE "GO" SIGNAL! (EXCEPT TEXAS SO FAR) SOME WENT IN AS EARLY AS 6:00 AM ...AND SOME RECEIVED A CALL FROM AN AUTHORITATIVE SOURCE WITH SPECIFIC INFORMATION. TRYIN' TO STAY COOL, CALM AND COLLECTIVE...
11-12-2020 Intel Guru MarkZ [via PDK] ...we are darn close…news has been good for a change. Hearing interesting stuff…especially out of Iraq. They have passed more legislation. I was told hidden in the borrowing law was a rate and is expected soon. My chatter out of there is really good. Especially from one contractor I know on the ground there…so I am excited. Does it tell us the exact time? No…but it tells us they are moving in the right direction.
11-12-2020 Newshound Guru Jeff ...They've done it! They've approved the borrowing law. The 3rd and final reading is all done... Article: "Parliament passes the borrowing bill and gives a green light to pay salaries" ...it's not a legal binding law yet. The next thing they're going to do is pass it off to the president for signature. That will not happen until next week...The president has to sign off on it so it can be a legally binding law and can be printed in the gazette. That won't happen until next week...by the 21st...there's nothing else remaining. This is the last and final step required for the rate change...they can change the rate anytime after that...
11-12-2020 Newshound Guru MilitiaMan Article: "Iraq Ports opens a branch of the Arab Islamic Mashreq Bank to facilitate financial services" This Islamic bank must know it...it is now safe and secure!! The place was a smuggling haven in 2003... For this to be in the stage of opening banks in this port is very telling... Just as the Port of Anara with Saudi Arabia is now...The ITBs banks are even gearing to finally open branches. Not just one but many in SA... IMO All good..
11-12-2020 Intel Guru RayRen98 From Iraq...The election law, which was passed last week, was ratified today and signed by President Saleh. This was in the newspapers. It is expected within a week to see the borrowing law also signed and ratified and in gazette with salaries being paid the next two days. Iraq announces Sunday as day to launch salaries for employees and retirees.
11-12-2020 Newshound/Intel Guru Mnt Goat Nothing has changed and so we are just waiting until the new fiscal year 2021 clock to begin and the adjustments along with the project to delete the zeros may take place.
11-12-2020 Newshound Guru Jeff the last step is positioning in the money. That's what they're doing right now...one of the most important steps of positioning the money is changing the rate and making Iraq's currency internationally recognized. That's one of the most important steps of the reforms. Everything is right on track. It's looking very very good. We are moving in the right direction. Iraq should have everything done and ready to go by the 21st next week...I'm not giving you that as the RV date...that's when they'll have everything done and ready to go...they can change the rate anytime after the president signs it [the borrowing law]. We're looking very good.
11-12-2020 Intel Guru RayRen98 BANKS ARE "ON LOCATION" TODAY... WAITING FOR THE "GO" SIGNAL! (EXCEPT TEXAS SO FAR) SOME WENT IN AS EARLY AS 6:00 AM ...AND SOME RECEIVED A CALL FROM AN AUTHORITATIVE SOURCE WITH SPECIFIC INFORMATION. TRYIN' TO STAY COOL, CALM AND COLLECTIVE...
11-12-2020 Intel Guru MarkZ [via PDK] ...we are darn close…news has been good for a change. Hearing interesting stuff…especially out of Iraq. They have passed more legislation. I was told hidden in the borrowing law was a rate and is expected soon. My chatter out of there is really good. Especially from one contractor I know on the ground there…so I am excited. Does it tell us the exact time? No…but it tells us they are moving in the right direction.
11-12-2020 Newshound Guru Jeff ...They've done it! They've approved the borrowing law. The 3rd and final reading is all done... Article: "Parliament passes the borrowing bill and gives a green light to pay salaries" ...it's not a legal binding law yet. The next thing they're going to do is pass it off to the president for signature. That will not happen until next week...The president has to sign off on it so it can be a legally binding law and can be printed in the gazette. That won't happen until next week...by the 21st...there's nothing else remaining. This is the last and final step required for the rate change...they can change the rate anytime after that...
11-12-2020 Newshound Guru MilitiaMan Article: "Iraq Ports opens a branch of the Arab Islamic Mashreq Bank to facilitate financial services" This Islamic bank must know it...it is now safe and secure!! The place was a smuggling haven in 2003... For this to be in the stage of opening banks in this port is very telling... Just as the Port of Anara with Saudi Arabia is now...The ITBs banks are even gearing to finally open branches. Not just one but many in SA... IMO All good..
11-11-2020 Newshound Guru MilitiaMan Article: "Al-Kazemi announces the launch of salaries after the approval of the loan law" From the looks of what we are seeing the investment side of things is pushing forward...They really need the investment, reconstruction and employment. Paying salaries, creating future income to support those salaries is a function of going to a market economy... Full steam ahead...And it looks to be quite quickly now too.
11-11-2020 Newshound/Intel Guru Mnt Goat Article: "PLANNING EXPOSES THE LIES OF POLITICIZED PUBLICATIONS: THE IRAQI-CHINESE AGREEMENT IS LAUNCHED FOR IMPLEMENTATION ... AND THERE IS NO ALTERNATIVE WITH EGYPT" Quote: "...we will announce some of its programs within the next two days and the steps TO ACTIVATE THE AGREEMENT THAT BEGAN WITH THE ERA OF HAIDER AL-ABADI'S GOVERNMENT AND WAS COMPLETED WITH THE ERA OF ABDUL-MAHDI, AND TODAY IT IS IN THE PROCESS OF IMPLEMENTATION" we know part of this agreement was having the ability to transfer funds easily in and out of Iraq. So are we that close to the reinstatement of the Iraqi dinar? This is a very good announcement for us.
11-11-2020 Intel Guru Bruce [via WiserNow] ...we’re in pretty good shape right now – we really are – I know sometimes it’s hard to see it...I think our patience is being tried during this time – not only because of the election and waiting for results – but also based on the fact that this ride has been going on for quite a long time... I appreciate that – I am thinking we are just about ready to call it The End... Thursday...Iraq is planning to have the investment law passed – and the investment law contains the actual in country rate of Iraqi Dinar... they were supposed to make their international rate known last Saturday –I’m not sure that happened...One of our sources is calling ...Thursday “Christmas”...I believe it’s quite possible...I feel really good about it – and I’m looking forward to this coming to it’s final conclusion...
11-11-2020 Newshound Guru Adam Montana The price of Oil is...important to Iraq, and that's doing fine... Also important is the political state in Iraq, and that too is doing fine...So... what's the holdup? HCL. And Article 140, to a limited extent, being limited to it's importance to the HCL...Good news, though...that's being worked on, and progress is being made... Don't give up yet, friends...things are moving...GOOOOO RRRRVVVVV!!!! [post 2 of 2]
11-11-2020 Newshound Guru Adam Montana In the US of A, we have a political fustercluck [a complex and utterly disordered and mismanaged situation...by Merriam-Webster]..., and like I said last week...the winner of the election doesn't really affect what Iraq can and will do. It does, however, have an impact on what current President Trump may do in his (possibly) final months as CEO of the USA. Pushing Iraq towards an increase in wealth would be an incredible thing to add to the list of accomplishments, don't you think? I do... [post 1 of 2....stay tuned]
11-11-2020 Intel Guru MarkZ [via PDK] I know others are saying tomorrow is our payday “Christmas” …but I do not think money movement is where it needs to be yet…I hope I am wrong. I have had 3 days of good chatter coming out of Iraq and Vietnam which has me very hopeful.
11-11-2020 Newshound Guru Jeff Article: "Parliament holds a voting session on the borrowing law" ...we're looking for two things after this...We're looking for parliament to come out and say that they have finished and completed voting on the Borrowing Law. We need to see an article that's saying it's fully approved and done by parliament. And then the second article is we're looking for the law to be passed off to the president. We need him to sign it. It needs to be a legal binding law...those are the steps we need to see with the law before you're going to see that rate change...the president most likely is not going to sign it until probably next week sometime...
11-11-2020 Newshound/Intel Guru Mnt Goat ...we, as investors have trillions of this currency [IQD] in our holdings. Don’t hear much about this do you? They must come after our holdings...to get these notes out of circulation. The only way they are going to get mine is for me to exchange them at the banks for substantially more than what I paid for them.
11-11-2020 Newshound/Intel Guru Mnt Goat Article: "PLANNING EXPOSES THE LIES OF POLITICIZED PUBLICATIONS: THE IRAQI-CHINESE AGREEMENT IS LAUNCHED FOR IMPLEMENTATION ... AND THERE IS NO ALTERNATIVE WITH EGYPT" Quote: "...we will announce some of its programs within the next two days and the steps TO ACTIVATE THE AGREEMENT THAT BEGAN WITH THE ERA OF HAIDER AL-ABADI'S GOVERNMENT AND WAS COMPLETED WITH THE ERA OF ABDUL-MAHDI, AND TODAY IT IS IN THE PROCESS OF IMPLEMENTATION" we know part of this agreement was having the ability to transfer funds easily in and out of Iraq. So are we that close to the reinstatement of the Iraqi dinar? This is a very good announcement for us.
11-11-2020 Intel Guru Bruce [via WiserNow] ...we’re in pretty good shape right now – we really are – I know sometimes it’s hard to see it...I think our patience is being tried during this time – not only because of the election and waiting for results – but also based on the fact that this ride has been going on for quite a long time... I appreciate that – I am thinking we are just about ready to call it The End... Thursday...Iraq is planning to have the investment law passed – and the investment law contains the actual in country rate of Iraqi Dinar... they were supposed to make their international rate known last Saturday –I’m not sure that happened...One of our sources is calling ...Thursday “Christmas”...I believe it’s quite possible...I feel really good about it – and I’m looking forward to this coming to it’s final conclusion...
11-11-2020 Newshound Guru Adam Montana The price of Oil is...important to Iraq, and that's doing fine... Also important is the political state in Iraq, and that too is doing fine...So... what's the holdup? HCL. And Article 140, to a limited extent, being limited to it's importance to the HCL...Good news, though...that's being worked on, and progress is being made... Don't give up yet, friends...things are moving...GOOOOO RRRRVVVVV!!!! [post 2 of 2]
11-11-2020 Newshound Guru Adam Montana In the US of A, we have a political fustercluck [a complex and utterly disordered and mismanaged situation...by Merriam-Webster]..., and like I said last week...the winner of the election doesn't really affect what Iraq can and will do. It does, however, have an impact on what current President Trump may do in his (possibly) final months as CEO of the USA. Pushing Iraq towards an increase in wealth would be an incredible thing to add to the list of accomplishments, don't you think? I do... [post 1 of 2....stay tuned]
11-11-2020 Intel Guru MarkZ [via PDK] I know others are saying tomorrow is our payday “Christmas” …but I do not think money movement is where it needs to be yet…I hope I am wrong. I have had 3 days of good chatter coming out of Iraq and Vietnam which has me very hopeful.
11-11-2020 Newshound Guru Jeff Article: "Parliament holds a voting session on the borrowing law" ...we're looking for two things after this...We're looking for parliament to come out and say that they have finished and completed voting on the Borrowing Law. We need to see an article that's saying it's fully approved and done by parliament. And then the second article is we're looking for the law to be passed off to the president. We need him to sign it. It needs to be a legal binding law...those are the steps we need to see with the law before you're going to see that rate change...the president most likely is not going to sign it until probably next week sometime...
11-11-2020 Newshound/Intel Guru Mnt Goat ...we, as investors have trillions of this currency [IQD] in our holdings. Don’t hear much about this do you? They must come after our holdings...to get these notes out of circulation. The only way they are going to get mine is for me to exchange them at the banks for substantially more than what I paid for them.
11-10-2020 Intel Guru MarkZ [via PDK] I hate to tell you this but politics and the RV are intertwined…you cannot talk about one without the other. Stay calm – unfortunately this is a show we have to watch play out until the end. IMO this would be a perfect time to release it…
11-10-2020 Intel Guru RayRen98 Monday's banker's meeting results: They were told that the "exchange madness" should subside by (or before) Thanksgiving!
11-10-2020 Newshound/Intel Guru Petra Now, the CBI is opening a branch in the new Port of Abu Flus...wouldn't that make a statement of being International? So many great things are happening and now they are in a hurry. IMO, it is because there are performance clauses in the agreements that require an international rate...IMO. So, what is the timing of the vote. ..it's first on the agenda, not second, or third...FIRST! So when will they pay salaries? ...things are moving quick as the citizens need payment and the CBI needs liquidity. Secondary markets...here comes Iraq!!! All IMO! [post 2 of 2]
11-10-2020 Newshound/Intel Guru Petra So we see several articles today discussing the vote by Parliament for the Finance Deficit Law to which they agreed to pass and then pay the salaries...The key point is the sense of urgency now being presented that they must get this law passed. Why? Well, first of all the citizens are irate and want their money...But look what else is happening with all this focus on the Finance law...Netherlands coming into Kurdistan...SA signed agreements for 13 items including Ports, Boarders, Oil/Gas, Education/Industry, TRADE, and agriculture. The CBI Governor of Iraq and the CB of SA governor was there yesterday as well. And reportedly, the Crown Prince is to be coming to Iraq today as well. Why? Something important I'm sure... South Korea getting in the game and now we know China is engaged. All at once....why? (wink) [post 1 of 2....stay tuned]
11-10-2020 Intel Guru MarkZ [via PDK] There is still great chatter today…even out of Vietnam. They appear to be positioning there as well. My contacts there say they are doing another push on the streets to get people onto digital currency and cash off the streets before they do their reset. This is probably the biggest news of the day. Iraq is still passing legislation and educating people on the streets.
11-10-2020 Newshound/Intel Guru Mnt Goat SO WHERE DO WE STAND TODAY IN GETTING THE REINSTATEMENT? I will tell everyone for sure they are still on the path for early January 2021 about the time just before or after Trump is sworn in again as the second term as the 45th president. We can clearly see the plan and it has been reviewed with me by my CBI contact. Yes, they are NOT even hiding it anymore. It is in plain sight...You now have the path and the timeline. Just be patient and relax. It is coming.
11-10-2020 Newshound Guru Kaperoni [So tired of waiting] We all are. But this is up to Iraq and it's taken a long time for them to realize that they need to turn their economy around. All we can do is watch and hope.
11-10-2020 Newshound Guru Pimpy Article: "The opening of the Arar border crossing with Saudi Arabia next week" ...this is good because...you can do a lot of business and trade with these borders open...the stronger their economy becomes the stronger their currency (which is the Iraqi dinar) becomes...
11-10-2020 Intel Guru Footforward [why is Iraq doing a borrowing law? if they could just RV wouldn’t that get rid of borrowing?] it would. It's because they can't go into debt unless they have approval for it. Theory is that they could RV and borrow money to kick start their recovery faster.
11-10-2020 Intel Guru RayRen98 Monday's banker's meeting results: They were told that the "exchange madness" should subside by (or before) Thanksgiving!
11-10-2020 Newshound/Intel Guru Petra Now, the CBI is opening a branch in the new Port of Abu Flus...wouldn't that make a statement of being International? So many great things are happening and now they are in a hurry. IMO, it is because there are performance clauses in the agreements that require an international rate...IMO. So, what is the timing of the vote. ..it's first on the agenda, not second, or third...FIRST! So when will they pay salaries? ...things are moving quick as the citizens need payment and the CBI needs liquidity. Secondary markets...here comes Iraq!!! All IMO! [post 2 of 2]
11-10-2020 Newshound/Intel Guru Petra So we see several articles today discussing the vote by Parliament for the Finance Deficit Law to which they agreed to pass and then pay the salaries...The key point is the sense of urgency now being presented that they must get this law passed. Why? Well, first of all the citizens are irate and want their money...But look what else is happening with all this focus on the Finance law...Netherlands coming into Kurdistan...SA signed agreements for 13 items including Ports, Boarders, Oil/Gas, Education/Industry, TRADE, and agriculture. The CBI Governor of Iraq and the CB of SA governor was there yesterday as well. And reportedly, the Crown Prince is to be coming to Iraq today as well. Why? Something important I'm sure... South Korea getting in the game and now we know China is engaged. All at once....why? (wink) [post 1 of 2....stay tuned]
11-10-2020 Intel Guru MarkZ [via PDK] There is still great chatter today…even out of Vietnam. They appear to be positioning there as well. My contacts there say they are doing another push on the streets to get people onto digital currency and cash off the streets before they do their reset. This is probably the biggest news of the day. Iraq is still passing legislation and educating people on the streets.
11-10-2020 Newshound/Intel Guru Mnt Goat SO WHERE DO WE STAND TODAY IN GETTING THE REINSTATEMENT? I will tell everyone for sure they are still on the path for early January 2021 about the time just before or after Trump is sworn in again as the second term as the 45th president. We can clearly see the plan and it has been reviewed with me by my CBI contact. Yes, they are NOT even hiding it anymore. It is in plain sight...You now have the path and the timeline. Just be patient and relax. It is coming.
11-10-2020 Newshound Guru Kaperoni [So tired of waiting] We all are. But this is up to Iraq and it's taken a long time for them to realize that they need to turn their economy around. All we can do is watch and hope.
11-10-2020 Newshound Guru Pimpy Article: "The opening of the Arar border crossing with Saudi Arabia next week" ...this is good because...you can do a lot of business and trade with these borders open...the stronger their economy becomes the stronger their currency (which is the Iraqi dinar) becomes...
11-10-2020 Intel Guru Footforward [why is Iraq doing a borrowing law? if they could just RV wouldn’t that get rid of borrowing?] it would. It's because they can't go into debt unless they have approval for it. Theory is that they could RV and borrow money to kick start their recovery faster.
11-9-2020 Intel Guru Frank26 ...our investment with the Iraqi dinar is extremely copacetic...it's going along nicely...
11-9-2020 Newshound Guru Jeff UPDATE FOR EARLIER POST: Article: "The amount of borrowing will range between 10-15 trillion dinars, MP says" ...they did the 2nd reading on yesterday which was Sunday the 8th. They did the first reading on October 24th...the 3rd and final reading will occur on 11/21...you'll get your confirmation on that next week. Quote: "...the government to prepare the law in appropriate form in preparation for voting on the borrowing law next Thursday." ...they're telling that either this Thursday or Thursday of next week that they plan to finish it. They're not going to...it's going to be Saturday the 21st...they can change the rate anytime after that.
11-9-2020 Intel Guru RayRen98 BANKS ARE "ON LOCATION" TODAY... WAITING FOR THE "GO" SIGNAL! (EXCEPT TEXAS)...IT IS BELIEVED THAT SOME BANKS (IF NOT ALL) WILL HAVE A "RANGE" OF RATES FOR THE CUSTOMER BASED ON FUTURE COMMITMENTS WITH BANK PRODUCTS AND SERVICING.
11-9-2020 Newshound Guru Jeff ...the election is not slowing this down. The elections have nothing to do with this [Iraq dinar RV/rate change]...
11-9-2020 Newshound Guru Kaperoni If Iraq was going to magically RV to solve their financial problems there would be no need for a borrowing law...Iraq has tremendous potential for economic growth and a diverse economy. They need to pass the laws and create a suitable investment environment. Only with the success of the economy can the dinar appreciate in value.
11-9-2020 Intel Guru MarkZ [via PDK] A number of my contacts have been moving back into location over the weekend…many of them will be back in the saddle today and tomorrow. I am hoping for a considerable amount of news to hit us soon...Still hearing lots of good chatter in the streets of Iraq. They passed more reforms last week that are taking effect this week already... One of my contacts on the ground there is so excited. He says it looks like we will all be wealthy shortly.
11-9-2020 Newshound Guru Jeff Article: "With a value of 21 trillion dinars to pay salaries and expenses...an early date for the passage of the borrowing law" the borrowing law is the last thing we're waiting for for them to change the rate. They can change the rate anytime after they complete this borrowing law...they're tentatively telling us they want to do the second reading on Thursday. Article "Prime Minister Spokesman: To vote on the borrowing law next Thursday" that's this Thursday...there are two articles suggesting to us they're trying to do the second reading this Thursday...after they do the second reading this week we're looking for the 3rd and final reading of the borrowing law on Saturday November 21st and then they can change the rate anytime after that.
11-8-2020 Newshound Guru Pimpy ...there's speculation that whatever is happening with the IQD, whatever that plan, whatever they're doing with it right now, it could be implemented real quick before Trump is totally out of office...
11-8-2020 Newshound/Intel Guru RVAlready [ I think it is more likely that if there was agreement on Article 140 there would be an RV. The problem is that you can't verify anything.] Yes. On Oct 10, 2020, the US embassy congratulated Iraq on implementing Article 140.
11-9-2020 Newshound Guru Jeff UPDATE FOR EARLIER POST: Article: "The amount of borrowing will range between 10-15 trillion dinars, MP says" ...they did the 2nd reading on yesterday which was Sunday the 8th. They did the first reading on October 24th...the 3rd and final reading will occur on 11/21...you'll get your confirmation on that next week. Quote: "...the government to prepare the law in appropriate form in preparation for voting on the borrowing law next Thursday." ...they're telling that either this Thursday or Thursday of next week that they plan to finish it. They're not going to...it's going to be Saturday the 21st...they can change the rate anytime after that.
11-9-2020 Intel Guru RayRen98 BANKS ARE "ON LOCATION" TODAY... WAITING FOR THE "GO" SIGNAL! (EXCEPT TEXAS)...IT IS BELIEVED THAT SOME BANKS (IF NOT ALL) WILL HAVE A "RANGE" OF RATES FOR THE CUSTOMER BASED ON FUTURE COMMITMENTS WITH BANK PRODUCTS AND SERVICING.
11-9-2020 Newshound Guru Jeff ...the election is not slowing this down. The elections have nothing to do with this [Iraq dinar RV/rate change]...
11-9-2020 Newshound Guru Kaperoni If Iraq was going to magically RV to solve their financial problems there would be no need for a borrowing law...Iraq has tremendous potential for economic growth and a diverse economy. They need to pass the laws and create a suitable investment environment. Only with the success of the economy can the dinar appreciate in value.
11-9-2020 Intel Guru MarkZ [via PDK] A number of my contacts have been moving back into location over the weekend…many of them will be back in the saddle today and tomorrow. I am hoping for a considerable amount of news to hit us soon...Still hearing lots of good chatter in the streets of Iraq. They passed more reforms last week that are taking effect this week already... One of my contacts on the ground there is so excited. He says it looks like we will all be wealthy shortly.
11-9-2020 Newshound Guru Jeff Article: "With a value of 21 trillion dinars to pay salaries and expenses...an early date for the passage of the borrowing law" the borrowing law is the last thing we're waiting for for them to change the rate. They can change the rate anytime after they complete this borrowing law...they're tentatively telling us they want to do the second reading on Thursday. Article "Prime Minister Spokesman: To vote on the borrowing law next Thursday" that's this Thursday...there are two articles suggesting to us they're trying to do the second reading this Thursday...after they do the second reading this week we're looking for the 3rd and final reading of the borrowing law on Saturday November 21st and then they can change the rate anytime after that.
11-8-2020 Newshound Guru Pimpy ...there's speculation that whatever is happening with the IQD, whatever that plan, whatever they're doing with it right now, it could be implemented real quick before Trump is totally out of office...
11-8-2020 Newshound/Intel Guru RVAlready [ I think it is more likely that if there was agreement on Article 140 there would be an RV. The problem is that you can't verify anything.] Yes. On Oct 10, 2020, the US embassy congratulated Iraq on implementing Article 140.
11-7-2020 Newshound Guru Jeff Iraq started off they achieved stability. What did they do after they achieved stability? August through October they went from the U.S. to Europe to put all of these agreements in place to create their reforms. Once they got the reforms dialed in the next step they went to is positioning the money. They are positioning the money right now. One of the steps for positioning the money is the rate change. The rate has to change before the reforms can be implemented. But that's why they're positioning the money right now. Again one of those steps is the rate change...
11-7-2020 Newshound Guru Kaperoni ...Iraq is in a financial crisis in about to go broke. There is no RV. A country's exchange rate is based on the growth and economic success of the economy and monetary policy is a tool to counter inflationary pressure as a result of that growth. It's not some random act just to give wealth to people. The whole idea of a revaluation (RV) is nonsense. Central banks don't work that way and it contradicts monetary policy. Remember the central banks are in business to make money not give it away. If Iraq ever had the intention to significantly overnight RV they wouldn't have in excess of 40 trillion dinar in circulation outside the banking system in Iraq. That's just too much money.
11-7-2020 Newshound Guru Jeff I know a lot of you guys keep kind of shooting your options out in the background saying 'Oh, if Biden gets in, this is never gonna happen.' Bull crap! Iraq is not stopping. Iraq is continuing to push forward. The U.S. elections will have no impact on this at all...in Iraq life is moving forward as normal regardless of the elections...stay focused on Iraq. Don't focus on our political mess...
11-7-2020 Intel Guru Bruce ...we did hear that Iraq...and we heard this from Iraqi citizens that they are going to pay their citizens that are legitimate legal citizens of Iraq on Saturday [Nov. 7] - on their Q cards...and they should pay them at a NEW RATE - whatever that rate is we don’t know what it is yet – we know they had a new in country rate – we know they had an international rate – and let’s see if they update and increase that – we may find out and we may not...So let’s keep an eye on things...
11-7-2020 Newshound Guru Jeff I want to bring some common sense into this...Iraq is gonna be and will continue to push forward on their borrowing law. That is the last thing we are waiting for...they're set to do the second reading next Monday of next week... after they do the 3rd reading which will be Saturday November 21st...they can change the rate at any point in time...
11-7-2020 Newshound/Intel Guru Mnt Goat Article: "IRAQ ADOPTED THE WHITE PAPER OCTOBER 2020 FOR ECONOMIC REFORM" ...two of the pillars of reform out of the White Papers...include: 1) REVIEWING THE CURRENT EXCHANGE RATE OF THE DOLLAR AGAINST THE DINAR; 2) Establishing new trading markets, such as a commodity market AND A CURRENCY EXCHANGE MARKET (FOREX). So now there is no more guessing game as what is in these White Papers that we are mostly concerned about. Their intentions are spelled out...all I can is WOW! Here it is in black and white for us to read.
11-7-2020 Newshound Guru Kaperoni ...Iraq is in a financial crisis in about to go broke. There is no RV. A country's exchange rate is based on the growth and economic success of the economy and monetary policy is a tool to counter inflationary pressure as a result of that growth. It's not some random act just to give wealth to people. The whole idea of a revaluation (RV) is nonsense. Central banks don't work that way and it contradicts monetary policy. Remember the central banks are in business to make money not give it away. If Iraq ever had the intention to significantly overnight RV they wouldn't have in excess of 40 trillion dinar in circulation outside the banking system in Iraq. That's just too much money.
11-7-2020 Newshound Guru Jeff I know a lot of you guys keep kind of shooting your options out in the background saying 'Oh, if Biden gets in, this is never gonna happen.' Bull crap! Iraq is not stopping. Iraq is continuing to push forward. The U.S. elections will have no impact on this at all...in Iraq life is moving forward as normal regardless of the elections...stay focused on Iraq. Don't focus on our political mess...
11-7-2020 Intel Guru Bruce ...we did hear that Iraq...and we heard this from Iraqi citizens that they are going to pay their citizens that are legitimate legal citizens of Iraq on Saturday [Nov. 7] - on their Q cards...and they should pay them at a NEW RATE - whatever that rate is we don’t know what it is yet – we know they had a new in country rate – we know they had an international rate – and let’s see if they update and increase that – we may find out and we may not...So let’s keep an eye on things...
11-7-2020 Newshound Guru Jeff I want to bring some common sense into this...Iraq is gonna be and will continue to push forward on their borrowing law. That is the last thing we are waiting for...they're set to do the second reading next Monday of next week... after they do the 3rd reading which will be Saturday November 21st...they can change the rate at any point in time...
11-7-2020 Newshound/Intel Guru Mnt Goat Article: "IRAQ ADOPTED THE WHITE PAPER OCTOBER 2020 FOR ECONOMIC REFORM" ...two of the pillars of reform out of the White Papers...include: 1) REVIEWING THE CURRENT EXCHANGE RATE OF THE DOLLAR AGAINST THE DINAR; 2) Establishing new trading markets, such as a commodity market AND A CURRENCY EXCHANGE MARKET (FOREX). So now there is no more guessing game as what is in these White Papers that we are mostly concerned about. Their intentions are spelled out...all I can is WOW! Here it is in black and white for us to read.
11-6-2020 Intel Guru Bruce [via WiserNow] ...the sources that I have are telling me that – our blessing in terms of the GCR and the revaluation of these currencies is happening apart from the election process...I think – from what I’m getting from all sources – this process for us – meaning the blessing we’re looking for – is on-going and moving toward us such that one of the larger banks that we talk to – tier 1 bank – is suggesting that we should be there either...Saturday or Tuesday...As far as anything else timing wise we have had a few sources that have said just be patient – like we haven’t been right? We’ve been super patient - just be patient and see what happens in the next few days...
11-6-2020 Newshound Guru MilitiaMan ...We have been told the Borrowing law would be set for tomorrow "Saturday". We have been told the committee needs the exchange data prior to the vote. Also, don't forget that we were also told that if the vote didn't happen, the salaries would get paid regardless, next week. Article: "A parliamentary committee reveals an upcoming meeting with the Finance and Central Bank for this file" Quote: "...the Central Bank and the Ministry of Finance to discuss the fiscal deficit financing law," noting that "the meeting will deal with reducing the money ceiling within the law..." But, now...the CBI and PFC tell us the story. They are to discuss the deficit law next week. They tell us they are to deal with reducing the money ceiling. Well, if that doesn't make you smile... By raising the exchange rate data, they will be reducing the amount of debt. That is from the CBI...The horses mouth...Lets see what they do next week or in the coming hours even...
11-6-2020 Newshound Guru Pimpy talking with people behind the scenes about the Iraqi dinar in regards to this election. Sometimes you gotta take the bad news along with the good news. And I'm not just saying this because it's a political jab. That's not what it is...this is pure speculation but I can tell you this they're already concerned that a Biden Administration would prevent the Iraq's dinar from getting its revaluation for years...having said the bad let's talk about the good. Again, this is just speculation. This is just my opinion. If they really start to feel threatened that Biden is going to cause holy hell over there...don't be surprised if they don't pull the trigger before he takes office. Again that's my opinion...there's nothing behind that other than my opinion. But don't be surprised if that happens...
11-6-2020 Newshound/Intel Guru Mnt Goat Article: "IRAQ IS PREPARING TO RECEIVE DONOR COUNTRIES NEXT WEEK" Oh -- why are donor countries all of a sudden wanting to come in to Iraq now? Could they know something we don’t? Oh- but we do know it and it is coming to us soon…It’s called “reinstatement of the IQD on FOREX for trading (buying and selling) and not just a placeholder as it currently is.
11-6-2020 Intel Guru MarkZ [via PDK] On the RV front I have spoken with banking contacts…one contact got back in place yesterday…..the rest will be back in place over the weekend. Personally I am not looking for anything to happen for a few days while everything plays out. Trump NEEDS to Flip THE SWITCH NOW!!! Stay Calm everyone. We need to watch it play out.
11-6-2020 Intel Guru Footforward Article: "The Central Bank and international organizations discuss mechanisms to enhance financial inclusion" Quote: "The Cental Bank of Iraq announced the organization of a workshop to prepare a strategy for financial inclusion in Iraq in cooperation with the World Bank." And without an RV that would all be a giant waste of time.
11-6-2020 Newshound Guru Pimpy ...Yes there was another report out by Bloomberg - if they don't do something here soon Iraq is about to go bankrupt which is interesting considering all the new agreements that they have in their local neighborhood. The future looks very very bright for Iraq but they need to do something about the 'now'. Here's what they've done. Article: "A decisive agreement that solves the crisis...Passing the borrowing law and launching salaries next Monday" Thank God.
11-6-2020 Newshound Guru MilitiaMan ...We have been told the Borrowing law would be set for tomorrow "Saturday". We have been told the committee needs the exchange data prior to the vote. Also, don't forget that we were also told that if the vote didn't happen, the salaries would get paid regardless, next week. Article: "A parliamentary committee reveals an upcoming meeting with the Finance and Central Bank for this file" Quote: "...the Central Bank and the Ministry of Finance to discuss the fiscal deficit financing law," noting that "the meeting will deal with reducing the money ceiling within the law..." But, now...the CBI and PFC tell us the story. They are to discuss the deficit law next week. They tell us they are to deal with reducing the money ceiling. Well, if that doesn't make you smile... By raising the exchange rate data, they will be reducing the amount of debt. That is from the CBI...The horses mouth...Lets see what they do next week or in the coming hours even...
11-6-2020 Newshound Guru Pimpy talking with people behind the scenes about the Iraqi dinar in regards to this election. Sometimes you gotta take the bad news along with the good news. And I'm not just saying this because it's a political jab. That's not what it is...this is pure speculation but I can tell you this they're already concerned that a Biden Administration would prevent the Iraq's dinar from getting its revaluation for years...having said the bad let's talk about the good. Again, this is just speculation. This is just my opinion. If they really start to feel threatened that Biden is going to cause holy hell over there...don't be surprised if they don't pull the trigger before he takes office. Again that's my opinion...there's nothing behind that other than my opinion. But don't be surprised if that happens...
11-6-2020 Newshound/Intel Guru Mnt Goat Article: "IRAQ IS PREPARING TO RECEIVE DONOR COUNTRIES NEXT WEEK" Oh -- why are donor countries all of a sudden wanting to come in to Iraq now? Could they know something we don’t? Oh- but we do know it and it is coming to us soon…It’s called “reinstatement of the IQD on FOREX for trading (buying and selling) and not just a placeholder as it currently is.
11-6-2020 Intel Guru MarkZ [via PDK] On the RV front I have spoken with banking contacts…one contact got back in place yesterday…..the rest will be back in place over the weekend. Personally I am not looking for anything to happen for a few days while everything plays out. Trump NEEDS to Flip THE SWITCH NOW!!! Stay Calm everyone. We need to watch it play out.
11-6-2020 Intel Guru Footforward Article: "The Central Bank and international organizations discuss mechanisms to enhance financial inclusion" Quote: "The Cental Bank of Iraq announced the organization of a workshop to prepare a strategy for financial inclusion in Iraq in cooperation with the World Bank." And without an RV that would all be a giant waste of time.
11-6-2020 Newshound Guru Pimpy ...Yes there was another report out by Bloomberg - if they don't do something here soon Iraq is about to go bankrupt which is interesting considering all the new agreements that they have in their local neighborhood. The future looks very very bright for Iraq but they need to do something about the 'now'. Here's what they've done. Article: "A decisive agreement that solves the crisis...Passing the borrowing law and launching salaries next Monday" Thank God.
11-5-2020 Intel Guru MarkZ [via PDK] [Does this election have anything to do with the Iraqi revaluation?] No…these are 2 separate monkeys…quit panicking…We knew this was going to happen with this election…. and that there was going to be massive voter fraud…..stay calm and don’t panic…buckle up…this may take awhile…remember that we have a lot to look forward too!!
11-5-2020 Newshound/Intel Guru Mnt Goat Article: "THE CENTRAL BANK OPENS AN ACCOUNT WITH EUROCLEAR TO DEVELOP THE PERFORMANCE OF FOREIGN RESERVES FROM THE CBI SITE" We have waiting for this for a VERY long time. This article is telling us exactly Iraq needed to attract investors. FREE FLOW OF CAPITAL. Now this will replace the currency auctions sooner than later. Watch it all play out. We are in VERY GOOD shape to see the reinstatement VERY SOON! This is why getting the support of the EU and off their sanctions list was so important. Do you get the connection now?
11-5-2020 Newshound Guru Pimpy There are some concerns we need to talk about and get out in the open. No sense dragging it out. Let's rip off the bandage... Article: "A Biden victory would be a loss for Iraq" ...they're concerned about Biden announcing ahead of time that he's going to go ahead and enter once again into this Iranian nuclear deal...the talks (peace talks) were going smoothly but once the election happened and now people are starting to think that Biden might win, a lot of these nations are holding on and pulling back until they find out what goes on...this article goes on to talk about the history with Biden & Obama and how it screwed up the entire Middle East...
11-5-2020 Intel Guru MarkZ [via PDK] My banking contacts, paymasters and attorneys are starting to return to their locations this evening and tomorrow...News should start flowing over the next day or two. Iraqi news is still very positive…they are still educating their people on new bills, new banking reforms... They are the 4th wealthiest nation when you look at the oi they have, the gold and rare minerals...the 4th wealthiest nation on the earth and they are going to revalue!!!
11-5-2020 Newshound Guru MilitiaMan Article: "Parliamentary Finance: We will oblige the government to borrow internally after reducing the deficit in the public budget" ...Well right there they are talking a rate. A rate is a required number is it not? It sure is, imo...
11-5-2020 Intel Guru Frank26 ...the monetary reform of the Iraqi dinar and the country of Iraq has nothing to do with the elections of the United States of America with Biden and Trump. Nothing to do. Except that Trump allowed Iraq to get themselves in a position to lift the value of their currency and they're about to. Now do you think I'm going to cash out my dinars if Biden wins? No. He's going to steal all my money. 50% taxes.
11-5-2020 Newshound/Intel Guru Mnt Goat Article: "AL-RAFIDAIN LAUNCHES LUCRATIVE OFFERS FOR IRAQIS TO DEPOSIT THEIR MONEY IN THE BANK" Each time in the past, when the CBI was proven to try to do the “project to delete the zeros” they had to collect these larger 3 zero notes and call them into the banks. We know why and its because they don’t want a bunch of overnight billionaires in Iraq. We know this will lead to the reinstate the currency. But first this part must be accomplished. This is not just my opinion or thinking on this subject but the past history speaks for itself. Folks all this news is falling right into what I have been waiting for...there are 3 articles from different sources on this in Iraqi news. So this is IMPORTANT! When the CBI speaks, I listen!
11-5-2020 Intel Guru MarkZ [via PDK] We are looking at unrest in the US for the next few days. This could be an awesome opportunity for a reset. I am not afraid of how this will turn out. ...there is still great chatter out of Iraq. I am still told by my government and military contacts that under all this smoke over the next 10 days we will get a reset...The RV will happen…it is an inevitability.
11-5-2020 Newshound/Intel Guru Mnt Goat Article: "THE CENTRAL BANK OPENS AN ACCOUNT WITH EUROCLEAR TO DEVELOP THE PERFORMANCE OF FOREIGN RESERVES FROM THE CBI SITE" We have waiting for this for a VERY long time. This article is telling us exactly Iraq needed to attract investors. FREE FLOW OF CAPITAL. Now this will replace the currency auctions sooner than later. Watch it all play out. We are in VERY GOOD shape to see the reinstatement VERY SOON! This is why getting the support of the EU and off their sanctions list was so important. Do you get the connection now?
11-5-2020 Newshound Guru Pimpy There are some concerns we need to talk about and get out in the open. No sense dragging it out. Let's rip off the bandage... Article: "A Biden victory would be a loss for Iraq" ...they're concerned about Biden announcing ahead of time that he's going to go ahead and enter once again into this Iranian nuclear deal...the talks (peace talks) were going smoothly but once the election happened and now people are starting to think that Biden might win, a lot of these nations are holding on and pulling back until they find out what goes on...this article goes on to talk about the history with Biden & Obama and how it screwed up the entire Middle East...
11-5-2020 Intel Guru MarkZ [via PDK] My banking contacts, paymasters and attorneys are starting to return to their locations this evening and tomorrow...News should start flowing over the next day or two. Iraqi news is still very positive…they are still educating their people on new bills, new banking reforms... They are the 4th wealthiest nation when you look at the oi they have, the gold and rare minerals...the 4th wealthiest nation on the earth and they are going to revalue!!!
11-5-2020 Newshound Guru MilitiaMan Article: "Parliamentary Finance: We will oblige the government to borrow internally after reducing the deficit in the public budget" ...Well right there they are talking a rate. A rate is a required number is it not? It sure is, imo...
11-5-2020 Intel Guru Frank26 ...the monetary reform of the Iraqi dinar and the country of Iraq has nothing to do with the elections of the United States of America with Biden and Trump. Nothing to do. Except that Trump allowed Iraq to get themselves in a position to lift the value of their currency and they're about to. Now do you think I'm going to cash out my dinars if Biden wins? No. He's going to steal all my money. 50% taxes.
11-5-2020 Newshound/Intel Guru Mnt Goat Article: "AL-RAFIDAIN LAUNCHES LUCRATIVE OFFERS FOR IRAQIS TO DEPOSIT THEIR MONEY IN THE BANK" Each time in the past, when the CBI was proven to try to do the “project to delete the zeros” they had to collect these larger 3 zero notes and call them into the banks. We know why and its because they don’t want a bunch of overnight billionaires in Iraq. We know this will lead to the reinstate the currency. But first this part must be accomplished. This is not just my opinion or thinking on this subject but the past history speaks for itself. Folks all this news is falling right into what I have been waiting for...there are 3 articles from different sources on this in Iraqi news. So this is IMPORTANT! When the CBI speaks, I listen!
11-5-2020 Intel Guru MarkZ [via PDK] We are looking at unrest in the US for the next few days. This could be an awesome opportunity for a reset. I am not afraid of how this will turn out. ...there is still great chatter out of Iraq. I am still told by my government and military contacts that under all this smoke over the next 10 days we will get a reset...The RV will happen…it is an inevitability.
11-4-2020 Intel Guru Delta ...the Central Bank governor I'm telling you finally we have the right man. He's down to Earth and he's trying his best. Remember he told us we need to reform the banks and we need to make the currency stronger. Remember too that the article came out two weeks ago that said the 'white paper' was actually done by the help of the U.S. to help Iraq go International...
11-4-2020 Intel Frank26 ...we are in a position that Iraq is very clearly visible on an international level...How in the world can you be on an international level and not have lifted the value of your currency?
11-4-2020 Intel Guru Bruce [via WiserNow] ...our timing appears its going to be contingent upon the announcement of the election results...I have heard that once the votes are tallied – and I am going to hope this is referring to the Electoral College votes – ok - delegate votes - once those are tallied – 24 hours later we should be notified and start going into the banks... Probably the more likely scenario would be notifications Thursday and start on Thursday...if this intel holds out to be true...I have every reason to believe it could be very well be true...I know that Iraq who already had a rate... its an international rate – on the forex...it’s supposed to get a new rate I believe it’s going to be tomorrow [Wednesday] but could be Thursday – I don’t know what the new rate will be – but it all sounds good... I am excited about where we are – and what is happening...Thursday is in play – and no one that I’m talking to is going beyond Thursday...
11-4-2020 Newshound Guru Pimpy ...here in the United States there's a restriction on the currencies {Iraqi dinar]. You used to be able to go into Chase bank and other banks to buy...but they stopping selling for for now. Once whatever this is that happens happens obviously they'll remove the restrictions and allow the banks to do the exchange. When I talked to my bank manager which I'm at Wells Fargo and I asked him what do I do if this happens...He said it's real simple. Bring the currency into me. He said obviously if you have millions of dollars we're not going give you millions of dollars to walk out with a shopping cart. It doesn't work that way. We would have a set appointment so they can order that amount of money. I said ok. He says if you're just depositing into your bank account, bring in the money, we validate that it's real. I'll tell you what the exchange rate is and how much money is going into your bank. If you agree we charge you like 1% or 1.5% fee. He said it just that simple and I said wow ok...
11-4-2020 Newshound Guru Adam Montana That may be why we aren't seeing any actual news about Iraq's currency as it directly relates to the US presidential election... because no matter how this goes, they still have the support of the US and regardless of how things turn out, we have a few months where they are in a great position, with global support, and they can flip that switch with no substantial resistance from one of the most influential and powerful nations in the world - the USA. With all that said...my suggestion is simple. Hang tight, wait for the official RV announcement...GOOOO RRRRRVVV!!! [post 2 of 2]
11-4-2020 Newshound Guru Adam Montana I'm sure a lot of gossip and speculation surrounding the elections will be affecting the Dinar world. If Trump is going to stay in the White House, Iraq certainly has a good reason to count on support from the US in their revalue (increase) of their currency. If Trump will not be staying in the Oval Office, he could make one of his last plays a major push to help Iraq in any way they want. No matter what, President Trump still has an influence on foreign affairs, policy, and support for Iraq until at least January 19th 2021. And we know he won't be doing anything to hinder Iraq in an RV. [post 1 of 2....stay tuned]
11-4-2020 Newshound Guru Jeff Article: "The agenda of the parliament session for next Saturday and begins with a bill to finance the fiscal deficit" Next Saturday (November 7th) they're doing the second reading of the borrowing law. Remember there is nothing else left. This is the last item we're waiting on. We're not waiting on a budget or anything. We're waiting for one last thing. This ...So they will be doing the 3rd reading on the borrowing law Saturday November 21st...Don't forget they can change the rate any time when they finish this law...this is huge.
11-4-2020 Newshound/Intel Guru Mnt Goat Article: "MINISTER OF FINANCE ANNOUNCES THE DATE OF PAYMENT OF SALARIES" So how can Iraq all of a sudden arrange short term loans to pay for the salaries for the rest of the year? Could it be that their currency is about to go global?
11-4-2020 Newshound Guru MilitiaMan Article: "Iraq is preparing to receive donor countries next week" Quote: "...the ninth of this month will witness the presence of donor countries to support and finance projects..." Looks like they know something... Monday next, donor countries are coming into support and finance projects... Well wouldn't that mean they are coming in as an international IMF Article 8 compliant countries. Surely they are not going to show up and finance in the trillions of Dinars. As that is not an article 8 compliant rate now is it?
11-4-2020 Newshound/Intel Guru Mnt Goat Article: "IRAQ: REVENUE DIVERSIFICATION CONTRIBUTES TO THE ACTIVATION OF THE PRIVATE SECTOR" This article should be nothing new to us. This is all over in the White Paper. Diversify, diversify, diversify! This revenue alone will surpass or at least rival the oil revenue. Imagine how rich Iraq is going to be if they can get the employee salaries (even 50%) also moved over to the private sector? That’s reserves that will amount to about 2.5 Billion a month. Rich! Rich!, Rich! Right now, they are the 4th riches country in the world. Oh – and you have some of their currency? Oh – and you bought it for less than a penny on a dollar…SMART!
11-4-2020 Intel Frank26 ...we are in a position that Iraq is very clearly visible on an international level...How in the world can you be on an international level and not have lifted the value of your currency?
11-4-2020 Intel Guru Bruce [via WiserNow] ...our timing appears its going to be contingent upon the announcement of the election results...I have heard that once the votes are tallied – and I am going to hope this is referring to the Electoral College votes – ok - delegate votes - once those are tallied – 24 hours later we should be notified and start going into the banks... Probably the more likely scenario would be notifications Thursday and start on Thursday...if this intel holds out to be true...I have every reason to believe it could be very well be true...I know that Iraq who already had a rate... its an international rate – on the forex...it’s supposed to get a new rate I believe it’s going to be tomorrow [Wednesday] but could be Thursday – I don’t know what the new rate will be – but it all sounds good... I am excited about where we are – and what is happening...Thursday is in play – and no one that I’m talking to is going beyond Thursday...
11-4-2020 Newshound Guru Pimpy ...here in the United States there's a restriction on the currencies {Iraqi dinar]. You used to be able to go into Chase bank and other banks to buy...but they stopping selling for for now. Once whatever this is that happens happens obviously they'll remove the restrictions and allow the banks to do the exchange. When I talked to my bank manager which I'm at Wells Fargo and I asked him what do I do if this happens...He said it's real simple. Bring the currency into me. He said obviously if you have millions of dollars we're not going give you millions of dollars to walk out with a shopping cart. It doesn't work that way. We would have a set appointment so they can order that amount of money. I said ok. He says if you're just depositing into your bank account, bring in the money, we validate that it's real. I'll tell you what the exchange rate is and how much money is going into your bank. If you agree we charge you like 1% or 1.5% fee. He said it just that simple and I said wow ok...
11-4-2020 Newshound Guru Adam Montana That may be why we aren't seeing any actual news about Iraq's currency as it directly relates to the US presidential election... because no matter how this goes, they still have the support of the US and regardless of how things turn out, we have a few months where they are in a great position, with global support, and they can flip that switch with no substantial resistance from one of the most influential and powerful nations in the world - the USA. With all that said...my suggestion is simple. Hang tight, wait for the official RV announcement...GOOOO RRRRRVVV!!! [post 2 of 2]
11-4-2020 Newshound Guru Adam Montana I'm sure a lot of gossip and speculation surrounding the elections will be affecting the Dinar world. If Trump is going to stay in the White House, Iraq certainly has a good reason to count on support from the US in their revalue (increase) of their currency. If Trump will not be staying in the Oval Office, he could make one of his last plays a major push to help Iraq in any way they want. No matter what, President Trump still has an influence on foreign affairs, policy, and support for Iraq until at least January 19th 2021. And we know he won't be doing anything to hinder Iraq in an RV. [post 1 of 2....stay tuned]
11-4-2020 Newshound Guru Jeff Article: "The agenda of the parliament session for next Saturday and begins with a bill to finance the fiscal deficit" Next Saturday (November 7th) they're doing the second reading of the borrowing law. Remember there is nothing else left. This is the last item we're waiting on. We're not waiting on a budget or anything. We're waiting for one last thing. This ...So they will be doing the 3rd reading on the borrowing law Saturday November 21st...Don't forget they can change the rate any time when they finish this law...this is huge.
11-4-2020 Newshound/Intel Guru Mnt Goat Article: "MINISTER OF FINANCE ANNOUNCES THE DATE OF PAYMENT OF SALARIES" So how can Iraq all of a sudden arrange short term loans to pay for the salaries for the rest of the year? Could it be that their currency is about to go global?
11-4-2020 Newshound Guru MilitiaMan Article: "Iraq is preparing to receive donor countries next week" Quote: "...the ninth of this month will witness the presence of donor countries to support and finance projects..." Looks like they know something... Monday next, donor countries are coming into support and finance projects... Well wouldn't that mean they are coming in as an international IMF Article 8 compliant countries. Surely they are not going to show up and finance in the trillions of Dinars. As that is not an article 8 compliant rate now is it?
11-4-2020 Newshound/Intel Guru Mnt Goat Article: "IRAQ: REVENUE DIVERSIFICATION CONTRIBUTES TO THE ACTIVATION OF THE PRIVATE SECTOR" This article should be nothing new to us. This is all over in the White Paper. Diversify, diversify, diversify! This revenue alone will surpass or at least rival the oil revenue. Imagine how rich Iraq is going to be if they can get the employee salaries (even 50%) also moved over to the private sector? That’s reserves that will amount to about 2.5 Billion a month. Rich! Rich!, Rich! Right now, they are the 4th riches country in the world. Oh – and you have some of their currency? Oh – and you bought it for less than a penny on a dollar…SMART!
*** DINAR GURU Community Reminder *** Today Is Vote Day In The U.S. Presidents, U.S Representatives & Senators are on the ballot. We know what each Presidential candidate is going to do if elected. That is not a mystery. Everyone agrees. They each have records to go by. It's been decades since the lines of difference between the candidates have been this clear. There's pros and cons to each: Mass Lock-downs vs Personal Responsibility | Closed economy vs. Open economy | Higher taxes vs Lower taxes | Nice Guy vs Crude But Fair Guy. An added issue for the dinar community: Who's going to be better for the Middle East, Iraq and the Iraqi dinar? Both men have records in the region. Whoever is the next president will determine the fate of the dinar. You have to decide who will help and who will hurt the chances of an RV. Now get your butt to the polls and cast your vote! Today is your last chance to be part of history. The latest guru posts will continue below...
*** Election Night Update *** As the polls close across the nation, excitement shoots through the roof. We all feel a lot is at stake. I can feel the anxiety rise too. If your candidate wins, be humble. If your candidate does not win take your time and breathe. The country will adjust and move forward. Remember it's only temporary. We'll do it all over again in 4 years. Regardless, be kind to your fellow Americans. Having differences of perspective is what makes our democratic republic possible. Differences are what makes this crazy country strong. Best of luck! The latest Guru post will continue below...
*** Election Night Update *** As the polls close across the nation, excitement shoots through the roof. We all feel a lot is at stake. I can feel the anxiety rise too. If your candidate wins, be humble. If your candidate does not win take your time and breathe. The country will adjust and move forward. Remember it's only temporary. We'll do it all over again in 4 years. Regardless, be kind to your fellow Americans. Having differences of perspective is what makes our democratic republic possible. Differences are what makes this crazy country strong. Best of luck! The latest Guru post will continue below...
11-3-2020 Newshound Guru Pimpy ...IMO...the Iraqi dinar rate change needs to happen in order to help Iraq...whatever is happening with the Iraqi dinar, whatever this event is this currency plays a huge role in it. I can't help but feel like whatever this role is it's also possibly tied into all these peace agreements that are happening all over the Middle East. That's my opinion. It's pure speculation.
11-3-2020 Newshound/Intel Guru Petra it's been a revolving door in Iraq with multiple countries coming in and out signing memorandums of understanding. Signing deals and all that stuff I got to believe a performance clause which states that this contract will be engaged once the rate is established...
11-3-2020 Newshound/Intel Guru Mnt Goat So once again, in less than a month, the flood gates opened pouring out VERY GOOD news? WOW! Iraq adopted the White Paper last month of October 2020 for Economic Reform. There is no need for a vote in parliament. It is done! All this news today points in only one direction – Iraq is setting themselves up for international trade and to use their dinar. They are going to make their dinar very valuable once again as in the past. Oh – don’t forget the WTO is meeting with Iraq delegation again in early November (...this month!). Remember they said they were going to “fast-track” Iraq into the WTO. WOW! ...Iraq is moving to completing the project to delete the zeros VERY SOON and this leads to the reinstatement of the IQD...If you like to dance you may start now because this news today is dance worthy… I am dancing now…lol...
11-3-2020 Intel Guru MarkZ [via PDK] Quiet in the banking world…but a lot of chatter from my different government contacts as they expect within 10 days from tomorrow we will finally have a reset...i am hoping this is accurate…we are all so ready for this this craziness to be over...the chatter is really solid…that no matter who wins today we will finally get the reset…my sources in Iraq are very upbeat that once we get through this circus and distractions that we will be good to go…again based on government sources…they are looking for the reset anytime during the next 10 days.
11-3-2020 Intel Guru Delta ...the U.S. they did devalue the Iraqi dinar and they are the one to bring it back again. Of course it has to be the right time and the right people in place...it's obvious to all of us right now, it's crystal clear, that all the action taken by the Central Bank of Iraq...they are about to come out with a rate now...my personal opinion...once the election is over...everything is going to break lose as far as the Iraqi dinar...
11-3-2020 Intel Guru Frank26 ...and then Rafidain banking is offering to us special awards to open accounts at their bank giving citizens interest on accounts as financial reward for opening accounts and they're telling us stop hoarding the dinar at home. Bring it in." Bring in the three zeros...it's down to three weeks or less...the government of Iraq is in a hurry now to have the CBI show the new exchange rate internationally because of Donald Trump. Not only for the HCL. Not only for the retirees. Not only for the salaries. But for you a citizen of Iraq. You are about to be a currency hub of the Middle East. A powerhouse. One to one with the United States of America currency... [Post 2 of 2]
11-3-2020 Intel Guru Frank26 [Text from Firefly boots on the ground Iraqi citizen in Iraq] "Mr. Frank on Iraqi television news today is saying the United States of America has helped Iraq with building and supporting the currency of Iraq so that Iraq will be accepted throughout the world and makes our currency even stronger. Saying the Central Bank of Iraq and the United States of America have worked together and the United States of America has been the major reason why our currency will be world widely acceptable and stable...Parliament Financing is also announcing on Iraqi television that they are stopping all pay for the month until further notice... [Post 1 of 2...stay tuned]
11-3-2020 Intel Guru MarkZ [via PDK] [How can some people say there is no redemption centers when you know people that are at them?] just ignore the entire concept that are “No Redemption centers”. I know people that work at 3 of them…in real life…in many areas banks may be acting as redemption centers.
11-3-2020 Intel Guru Footforward [So looks like [Guru] Frank is saying he looks for the rate to be at least $3.86 not to bad and it could go up from there.] That 3.86 is not a new figure from him either. That's in a range I believe is very possible in my opinion.
11-3-2020 Newshound/Intel Guru Petra it's been a revolving door in Iraq with multiple countries coming in and out signing memorandums of understanding. Signing deals and all that stuff I got to believe a performance clause which states that this contract will be engaged once the rate is established...
11-3-2020 Newshound/Intel Guru Mnt Goat So once again, in less than a month, the flood gates opened pouring out VERY GOOD news? WOW! Iraq adopted the White Paper last month of October 2020 for Economic Reform. There is no need for a vote in parliament. It is done! All this news today points in only one direction – Iraq is setting themselves up for international trade and to use their dinar. They are going to make their dinar very valuable once again as in the past. Oh – don’t forget the WTO is meeting with Iraq delegation again in early November (...this month!). Remember they said they were going to “fast-track” Iraq into the WTO. WOW! ...Iraq is moving to completing the project to delete the zeros VERY SOON and this leads to the reinstatement of the IQD...If you like to dance you may start now because this news today is dance worthy… I am dancing now…lol...
11-3-2020 Intel Guru MarkZ [via PDK] Quiet in the banking world…but a lot of chatter from my different government contacts as they expect within 10 days from tomorrow we will finally have a reset...i am hoping this is accurate…we are all so ready for this this craziness to be over...the chatter is really solid…that no matter who wins today we will finally get the reset…my sources in Iraq are very upbeat that once we get through this circus and distractions that we will be good to go…again based on government sources…they are looking for the reset anytime during the next 10 days.
11-3-2020 Intel Guru Delta ...the U.S. they did devalue the Iraqi dinar and they are the one to bring it back again. Of course it has to be the right time and the right people in place...it's obvious to all of us right now, it's crystal clear, that all the action taken by the Central Bank of Iraq...they are about to come out with a rate now...my personal opinion...once the election is over...everything is going to break lose as far as the Iraqi dinar...
11-3-2020 Intel Guru Frank26 ...and then Rafidain banking is offering to us special awards to open accounts at their bank giving citizens interest on accounts as financial reward for opening accounts and they're telling us stop hoarding the dinar at home. Bring it in." Bring in the three zeros...it's down to three weeks or less...the government of Iraq is in a hurry now to have the CBI show the new exchange rate internationally because of Donald Trump. Not only for the HCL. Not only for the retirees. Not only for the salaries. But for you a citizen of Iraq. You are about to be a currency hub of the Middle East. A powerhouse. One to one with the United States of America currency... [Post 2 of 2]
11-3-2020 Intel Guru Frank26 [Text from Firefly boots on the ground Iraqi citizen in Iraq] "Mr. Frank on Iraqi television news today is saying the United States of America has helped Iraq with building and supporting the currency of Iraq so that Iraq will be accepted throughout the world and makes our currency even stronger. Saying the Central Bank of Iraq and the United States of America have worked together and the United States of America has been the major reason why our currency will be world widely acceptable and stable...Parliament Financing is also announcing on Iraqi television that they are stopping all pay for the month until further notice... [Post 1 of 2...stay tuned]
11-3-2020 Intel Guru MarkZ [via PDK] [How can some people say there is no redemption centers when you know people that are at them?] just ignore the entire concept that are “No Redemption centers”. I know people that work at 3 of them…in real life…in many areas banks may be acting as redemption centers.
11-3-2020 Intel Guru Footforward [So looks like [Guru] Frank is saying he looks for the rate to be at least $3.86 not to bad and it could go up from there.] That 3.86 is not a new figure from him either. That's in a range I believe is very possible in my opinion.
11-2-2020 Newshound Guru Pimpy Something is going on and I can't quite put my finger on it...over the last two weeks or so I'm paying attention to what's going on with currencies. On the back side of things there's a lot of talk. There's always a lot of talk. What gets me is this. There is a lot of movement involved in the IQD...there is a lot a lot of movement between countries and central banks...that's probably an understatement. There's a LARGE amounts of IQD being moved around. We're not exactly sure what's going on and I don't want to jump to conclusions but whatever this event is that's happening, Whatever people are getting prepared for...the IQD seems to be playing a pretty damn big role in whatever this is...nobody has been able to figure out exactly what the hell is going on with the IQD and why these central banks and other entities are making such a huge move on the currency. For a currency that supposedly has no value...
11-2-2020 Intel Guru MarkZ [via PDK] What a time to be alive. Buckle up everyone. Looks like a crazy week ahead! Hearing some interesting stuff…I think we are stinking close according to what we are being told and what we are hearing from world news, events, countries, treasuries, Central banks talking about the reset... [How close is “Close”] Mr. C [Guru Mike Cottrell] is saying anywhere from Nov. 4th to Dec. 31st…most of the chatter I hear points to the next 2 weeks or so.
11-2-2020 Intel Guru Delta Article: "The Central Bank opens an account with Euroclear to develop the performance of foreign reserves" Quote: "This step is important in the work of the Central Bank of Iraq, as it simulates international practices in the process of investing foreign reserves..." AWESOME NEWS... AMAZING...CBI GETTING READY TO GO INTERNATIONAL AND OPEN MARKET ECONOMY...
11-2-2020 Newshound Guru MilitiaMan Article: "Finance Minister: The salaries of the employees will be paid within two or three weeks" Quote: "He pointed out that the salaries of employees for the month of last October will be paid, perhaps within two or three weeks, in the event that the borrowing law is not approved, but in the event of voting on it, it will be launched directly." There you have it. They are confirming that the salaries have a time frame to be paid. It all hinges on the rate at which to pay them, imo. Take note that they are saying that if the borrowing law is passed they will be paid directly. If not and it is not passed they have an auto pay scenario of within two to three weeks. ...they have given us a time frame. There words not mine.. Huge...The rate has to be exposed to vote on the law and then that can pay the salaries, in that order. imo.
11-2-2020 Intel Guru MarkZ [via PDK] Still hearing positive things from the Iraq side. I am told there are one or two key things they would like to pass in preparation …rubber stamp things…I do have a couple bankers who told me they have been asked to return to be in place on Thursday of this week. Hoping that gives us a “timing” idea. They do not have an international rate out yet…nothing has changed…yet. I have that from a contact in Iraq 45 minutes ago [Monday morning].
11-2-2020 Newshound Guru Kaperoni ...the central bank has to follow strict monetary policies. Any growth of the Iraqi dinar will be based on the success of Iraq's economy.
11-2-2020 Austin-Powers-For-PM Article: "A Source Confirms: The Continuation Of The Suspension Of Employee Salaries For 10 Months" Quote: "An official source in the Ministry of Finance stated, on Sunday, that instructions were issued not to disburse any check for salaries of state departments." Bingo! We have finally hit the Schwerpunkt of this whole process. They are forcing action instead of promising that the salaries will be "Next week." The article basically was telling the citizens "You ain't getting paid." Nobody in their right mind would put that article out under normal circumstances. It would lead to rioting. It also broke a pattern, which means it needs to be replaced with another pattern. They are telling the citizens, in an indirect way, they are going to get paid electronically and that everything is about to change. There is no going back.
11-1-2020 Newshound Guru Vic [Welcome back...long time no see] ...I've been in the background watching...I Always said and many can agree that through the years, I always reminded many that Brexit and Basel lll are important measures to keep on eye's on.
11-1-2020 Newshound Guru Jeff ...Saturday of last weekend they did the first reading of the borrowing law. They average about a week and a half between each reading...they are on track to have the borrowing law done middle of November ... that's the last thing we're waiting on so they can change the rate anytime after they finish the borrowing law...watch the borrowing law...
11-2-2020 Intel Guru MarkZ [via PDK] What a time to be alive. Buckle up everyone. Looks like a crazy week ahead! Hearing some interesting stuff…I think we are stinking close according to what we are being told and what we are hearing from world news, events, countries, treasuries, Central banks talking about the reset... [How close is “Close”] Mr. C [Guru Mike Cottrell] is saying anywhere from Nov. 4th to Dec. 31st…most of the chatter I hear points to the next 2 weeks or so.
11-2-2020 Intel Guru Delta Article: "The Central Bank opens an account with Euroclear to develop the performance of foreign reserves" Quote: "This step is important in the work of the Central Bank of Iraq, as it simulates international practices in the process of investing foreign reserves..." AWESOME NEWS... AMAZING...CBI GETTING READY TO GO INTERNATIONAL AND OPEN MARKET ECONOMY...
11-2-2020 Newshound Guru MilitiaMan Article: "Finance Minister: The salaries of the employees will be paid within two or three weeks" Quote: "He pointed out that the salaries of employees for the month of last October will be paid, perhaps within two or three weeks, in the event that the borrowing law is not approved, but in the event of voting on it, it will be launched directly." There you have it. They are confirming that the salaries have a time frame to be paid. It all hinges on the rate at which to pay them, imo. Take note that they are saying that if the borrowing law is passed they will be paid directly. If not and it is not passed they have an auto pay scenario of within two to three weeks. ...they have given us a time frame. There words not mine.. Huge...The rate has to be exposed to vote on the law and then that can pay the salaries, in that order. imo.
11-2-2020 Intel Guru MarkZ [via PDK] Still hearing positive things from the Iraq side. I am told there are one or two key things they would like to pass in preparation …rubber stamp things…I do have a couple bankers who told me they have been asked to return to be in place on Thursday of this week. Hoping that gives us a “timing” idea. They do not have an international rate out yet…nothing has changed…yet. I have that from a contact in Iraq 45 minutes ago [Monday morning].
11-2-2020 Newshound Guru Kaperoni ...the central bank has to follow strict monetary policies. Any growth of the Iraqi dinar will be based on the success of Iraq's economy.
11-2-2020 Austin-Powers-For-PM Article: "A Source Confirms: The Continuation Of The Suspension Of Employee Salaries For 10 Months" Quote: "An official source in the Ministry of Finance stated, on Sunday, that instructions were issued not to disburse any check for salaries of state departments." Bingo! We have finally hit the Schwerpunkt of this whole process. They are forcing action instead of promising that the salaries will be "Next week." The article basically was telling the citizens "You ain't getting paid." Nobody in their right mind would put that article out under normal circumstances. It would lead to rioting. It also broke a pattern, which means it needs to be replaced with another pattern. They are telling the citizens, in an indirect way, they are going to get paid electronically and that everything is about to change. There is no going back.
11-1-2020 Newshound Guru Vic [Welcome back...long time no see] ...I've been in the background watching...I Always said and many can agree that through the years, I always reminded many that Brexit and Basel lll are important measures to keep on eye's on.
11-1-2020 Newshound Guru Jeff ...Saturday of last weekend they did the first reading of the borrowing law. They average about a week and a half between each reading...they are on track to have the borrowing law done middle of November ... that's the last thing we're waiting on so they can change the rate anytime after they finish the borrowing law...watch the borrowing law...
10-31-2020 Intel Guru Delta ...THEY DID REPORT IN IRAQIA TV THAT WHITE PAPER WAS DONE BY US...AND THEY SAID BY US HELPING IRAQ WILL MAKE INTERNATIONAL COMMUNITY SUPPORT IRAQ…SO AS WE TOLD YOU IN THE PAST THE US DEVALUE THE IQD AND THEY WILL RI BACK FOR IRAQ…CBI TOLD US VIA NEW GOV...HE IS GOING TO MAKE NATIONAL CURRENCY STRONGER.
10-31-2020 Newshound Guru Kaperoni The recently-announced White Papers is a good step in the right direction but all it is is ink on paper. Iraq ...needs to make changes...until that happens nothing will change.
10-31-2020 Newshound Guru Pimpy ...on the back end of thing right now there is a lot of chatter. I mean it's increased...large amounts of IQD have been moving to a lot of different central banks and into a lot of different countries. That's not a secret...what we can't figure out is why. There seems to be some kind of deadline on all these things for some reason. The deadline is in the month of November. What's that means? I don't know. But there's a lot of rumors. I try to avoid rumors because I don't want to talk about anything that I can't prove. But I will at least let you know that is out there and even people I know that deal in the IQD are purchasing personally IQD themselves. It kind of makes me wonder. I don't know what they know. Either they know and they're just not sharing or they don't know and they're just preparing just in case...a lot of changes coming real quick...
10-31-2020 Newshound/Intel Guru Mnt Goat ...reinstating the IQD on FOREX is exactly what we wait for but it has not happened as of yet. This can not yet happen until the OFAC sanctions are lifted. The banks simply will not touch the IQD until this happens...
10-31-2020 Intel Guru Delta Article: "Central Bank of Iraq launches electronic platform for letters of guarantee" WHEN CBI TALK WE LISTEN…VERY IMPORTANT STEP...BEFORE GOING GLOBAL...IMO…THEY ALSO HAVE AN INSTRUCTION VIDEO FROM CBI ON HOW TO USE IT.
10-31-2020 Newshound Guru Kaperoni Recently the central bank has limited the daily currency auctions which is affected the spread. It is reported at over 1250 to $1. This is around 5% which is out of compliance with the IMF requirements... Iraq must maintain stability within 2% or less in order to meet compliance and transition out of IMF Article XIV to VIII...Iraq must get their spread in compliance and hold it for at least 90 days before the IMF would consider allowing them to exit Article XIV. [NOTE: You can always see the latest reported CBI Official & Market Iraqi dinar rate in the left column of this page]
10-31-2020 Intel Guru Footforward ...I've insisted for a long time the rate can't be $1. Not to mention that one to one is not really a reinstatement. $3.22 is a reinstatement. I...have info from a source I trust. Alot.
10-31-2020 Newshound/Intel Guru Mnt Goat ...We still may be on course for an early January 2021 release of the reinstatement. But again, I am telling everyone we still need to see more positive news from the Central Bank on this matter. We have gotten a lot of good news about meetings they have had on what to do to try to resolve the financial crisis. These meetings included much talk on alternatives of what to do with the dinar. Some wanted to put in on a float, devalue it, print more currency, so on and so forth...
10-31-2020 Newshound Guru Kaperoni The recently-announced White Papers is a good step in the right direction but all it is is ink on paper. Iraq ...needs to make changes...until that happens nothing will change.
10-31-2020 Newshound Guru Pimpy ...on the back end of thing right now there is a lot of chatter. I mean it's increased...large amounts of IQD have been moving to a lot of different central banks and into a lot of different countries. That's not a secret...what we can't figure out is why. There seems to be some kind of deadline on all these things for some reason. The deadline is in the month of November. What's that means? I don't know. But there's a lot of rumors. I try to avoid rumors because I don't want to talk about anything that I can't prove. But I will at least let you know that is out there and even people I know that deal in the IQD are purchasing personally IQD themselves. It kind of makes me wonder. I don't know what they know. Either they know and they're just not sharing or they don't know and they're just preparing just in case...a lot of changes coming real quick...
10-31-2020 Newshound/Intel Guru Mnt Goat ...reinstating the IQD on FOREX is exactly what we wait for but it has not happened as of yet. This can not yet happen until the OFAC sanctions are lifted. The banks simply will not touch the IQD until this happens...
10-31-2020 Intel Guru Delta Article: "Central Bank of Iraq launches electronic platform for letters of guarantee" WHEN CBI TALK WE LISTEN…VERY IMPORTANT STEP...BEFORE GOING GLOBAL...IMO…THEY ALSO HAVE AN INSTRUCTION VIDEO FROM CBI ON HOW TO USE IT.
10-31-2020 Newshound Guru Kaperoni Recently the central bank has limited the daily currency auctions which is affected the spread. It is reported at over 1250 to $1. This is around 5% which is out of compliance with the IMF requirements... Iraq must maintain stability within 2% or less in order to meet compliance and transition out of IMF Article XIV to VIII...Iraq must get their spread in compliance and hold it for at least 90 days before the IMF would consider allowing them to exit Article XIV. [NOTE: You can always see the latest reported CBI Official & Market Iraqi dinar rate in the left column of this page]
10-31-2020 Intel Guru Footforward ...I've insisted for a long time the rate can't be $1. Not to mention that one to one is not really a reinstatement. $3.22 is a reinstatement. I...have info from a source I trust. Alot.
10-31-2020 Newshound/Intel Guru Mnt Goat ...We still may be on course for an early January 2021 release of the reinstatement. But again, I am telling everyone we still need to see more positive news from the Central Bank on this matter. We have gotten a lot of good news about meetings they have had on what to do to try to resolve the financial crisis. These meetings included much talk on alternatives of what to do with the dinar. Some wanted to put in on a float, devalue it, print more currency, so on and so forth...
10-30-2020 Newshound Guru MilitiaMan Article: "The Egyptian Prime Minister arrives in Baghdad tomorrow to sign "important agreements" ...sounds to be like there has or will be energy deals plus much more that require hard currency with strength to it. The IQD at the moment as we know is at a program rate, that doesn't fit the mold. Is that about to change, the citizens surely think so. I see this meeting as very timely and very well placed...Imo We are in a very good place...Imo.
10-30-2020 Intel Guru Bruce [via WiserNow] ...we heard that Iraq needed to get a rate out there on the forex – they needed to get the dinar – the newer Iraqi Dinar up and it was put out on forex...Tuesday night...and that is really good – and we have some idea of the rate – not the exact rate but some idea and it’s highly favorable and it’s about in that range that Dr Shabibi said that it would support way back when he spoke to the International Chamber of Commerce...I think the President has expressed – some have heard this from other sources – that he wants this to be done before the election...the problem with this as you know – it’s like shooting at a moving target because things do change hour by hour day by day – and just when we think we’re ready and set to go – oh – something else needs to be done...I am going to suggest that we are all in position to move forward...
10-30-2020 Intel Guru Delta THESE ARE MESSAGES FROM IRAQI SOCIAL MEDIA TO THE NEW CBI GOV... "We hope that the value of Iraqi cash will be strengthened and that we can eliminate the zeros and return in a strong currency not necessarily at its previous value..."; "Once the zeros are removed from the local currency, poverty and debt will be eliminated and the mortgage stake is lifted. Then the value of the Iraqi dinar will return to the equivalent of $3.3778 as in 1971 and 1973..."; "with a return to the circulation of small coins, such as the rest of the countries, to preserve people's rights to buy and sell..." THAT WAS JUST A FEW FROM THOUSANDS OF MESSAGES TO NEW CBI GOV...ALL ASKING THE SAME...RAISE THE VALUE AND COME OUT WITH NEW LDS...OVER A WEEK OR SO AND IT'S NOT STOPPING…THEY WANT THE CBI TO TAKE THEM BACK TO 3.22…
10-30-2020 Newshound Guru Pimpy ...the rumor mill is going crazy. Not out there in the dinar community. Not out there on youtube. I'm talking about in private there's a lot of rumors going...the rumors that I'm hearing right now are just rumors. They're positive rumors and I'm not going to get into a lot of detail...I know you guys are going 'What are the rumors'? Just trust me. They're just rumors that are being spoken about behind the scenes and if If IF all is right then the end of this year should be very interesting in regards to the Iraqi dinar. I don't want to mislead people...as far as I'm concerned without no proof without nothing I can refer to it's just BS but again it's exciting to hear but we'll see. This election is bigger than people think.
10-30-2020 Intel Guru MarkZ [via PDK] There is still no news on the banking front...I am not seeing any movement on the RV front. IMO it would be a perfect time to hide the RV…in plain sight…and especially while things are shut down.
10-30-2020 Intel Guru Frank26 ...they sent the Iraqi dinar all over the world and you didn't believe me. But many central banks around the world got Iraqi dinars. Especially the ones in the Middle East...the Middle Eastern basket is going to have 9 countries in it because of the 9 Peace Accords. They're going to get first take...
10-30-2020 Newshound/Intel Guru Mnt Goat ...I have talked to by CBI contact in Iraq. I am told the reinstatement is coming and that it is part of the currency reforms they want to put forward. It is taking so long to do it because they need the permission of the US to do it properly. The CBI is ready! They will not go ahead with the project to delete the zeros until the IMF & the US gives them the “green light”. Then this will start the process. It is going on November already and so if they still plan to reinstate in January 2021 they better get going very soon on the PROJECT TO DELETE THE ZEROS or this is going to be delayed once again...
10-30-2020 Intel Guru Bruce [via WiserNow] ...we heard that Iraq needed to get a rate out there on the forex – they needed to get the dinar – the newer Iraqi Dinar up and it was put out on forex...Tuesday night...and that is really good – and we have some idea of the rate – not the exact rate but some idea and it’s highly favorable and it’s about in that range that Dr Shabibi said that it would support way back when he spoke to the International Chamber of Commerce...I think the President has expressed – some have heard this from other sources – that he wants this to be done before the election...the problem with this as you know – it’s like shooting at a moving target because things do change hour by hour day by day – and just when we think we’re ready and set to go – oh – something else needs to be done...I am going to suggest that we are all in position to move forward...
10-30-2020 Intel Guru Delta THESE ARE MESSAGES FROM IRAQI SOCIAL MEDIA TO THE NEW CBI GOV... "We hope that the value of Iraqi cash will be strengthened and that we can eliminate the zeros and return in a strong currency not necessarily at its previous value..."; "Once the zeros are removed from the local currency, poverty and debt will be eliminated and the mortgage stake is lifted. Then the value of the Iraqi dinar will return to the equivalent of $3.3778 as in 1971 and 1973..."; "with a return to the circulation of small coins, such as the rest of the countries, to preserve people's rights to buy and sell..." THAT WAS JUST A FEW FROM THOUSANDS OF MESSAGES TO NEW CBI GOV...ALL ASKING THE SAME...RAISE THE VALUE AND COME OUT WITH NEW LDS...OVER A WEEK OR SO AND IT'S NOT STOPPING…THEY WANT THE CBI TO TAKE THEM BACK TO 3.22…
10-30-2020 Newshound Guru Pimpy ...the rumor mill is going crazy. Not out there in the dinar community. Not out there on youtube. I'm talking about in private there's a lot of rumors going...the rumors that I'm hearing right now are just rumors. They're positive rumors and I'm not going to get into a lot of detail...I know you guys are going 'What are the rumors'? Just trust me. They're just rumors that are being spoken about behind the scenes and if If IF all is right then the end of this year should be very interesting in regards to the Iraqi dinar. I don't want to mislead people...as far as I'm concerned without no proof without nothing I can refer to it's just BS but again it's exciting to hear but we'll see. This election is bigger than people think.
10-30-2020 Intel Guru MarkZ [via PDK] There is still no news on the banking front...I am not seeing any movement on the RV front. IMO it would be a perfect time to hide the RV…in plain sight…and especially while things are shut down.
10-30-2020 Intel Guru Frank26 ...they sent the Iraqi dinar all over the world and you didn't believe me. But many central banks around the world got Iraqi dinars. Especially the ones in the Middle East...the Middle Eastern basket is going to have 9 countries in it because of the 9 Peace Accords. They're going to get first take...
10-30-2020 Newshound/Intel Guru Mnt Goat ...I have talked to by CBI contact in Iraq. I am told the reinstatement is coming and that it is part of the currency reforms they want to put forward. It is taking so long to do it because they need the permission of the US to do it properly. The CBI is ready! They will not go ahead with the project to delete the zeros until the IMF & the US gives them the “green light”. Then this will start the process. It is going on November already and so if they still plan to reinstate in January 2021 they better get going very soon on the PROJECT TO DELETE THE ZEROS or this is going to be delayed once again...
10-29-2020 Intel Guru Frank26 ...Wow wow wow wow...they are about to show IMO that Iraqi dinar the new currency to the Iraqi citizens and the exchange rate. And it's pretty obvious that's what's going on. There's not denial from one of the experts that was involved with the monetary reform - Salam Sumaisem...
10-29-2020 Intel Guru MarkZ [via PDK] So there is no money movement anywhere and my banking contacts are heading home because they do not want to travel next week in case there is unrest. I am just hopeful that during this confusion while everyone is throwing in the towel for a week or two…that this would be the perfect time to pull it off. I am hopeful we will get a surprise…no one knows the timing...the folks in Iraq are still extremely positive that we are in the end days of this RV. So hang tight and don’t let this discourage you. It is still a “when” not an “if”...now would be a good time to do it…when people least expect it…
12-29-2020 Newshound Guru Adam Montana Iraq is moving at a brisk pace right now. We are seeing things we have never seen before. They are accomplishing things that many said would never happen. I think they are going to shock the world soon.
10-29-2020 Newshound Guru Militiaman Video "A video of the Central Bank of counting and sorting the Iraqi currency and destroying it" Why destroy currency if the new currency wasn't to be worth more? You don't. They already printed new small category notes that will need to be covered by value. imo. Hence they are still sorting and even destroying the old or future obsolete notes. New notes to coincide with the old are already in print, the rate to establish the foundation of future trading globally is at hand...IMO ~ MM
10-29-2020 Newshound Guru Jeff ...you're not going to see the second reading of the borrowing law this week. The earliest or soonest you will see it is next week...What does that mean? It's gonna take them about 45 days to get the law done....they're probably not going to complete it till around November 14th. That's just the borrowing law...the rate can't change until the borrowing law is done and the #1 thing we care about right now is simply the borrowing law. We don't care about anything else in the news right now. Just the borrowing law. The budget will come after the rate change...
10-29-2020 Newshound Guru Pimpy Let me touch on these rumors going around...with anything that we do you're gonna have some people that think one way and some people who think another way...a youtuber is claiming there's not going to be any change with the Iraqi dinar. That's fine...this person is only expressing their opinion. This isn't set in any kind of evidence...There's nothing wrong with individuals expressing their opinion...nobody knows what going on with the Iraqi dinar...there's no doubt whatsoever that the Iraqi dinar exchange rate is too low. We know this...over the last month a lot of talk about the exchange rate. Both positive and negative...listen to all the different opinions...listen to the information and you filter through what you feel is BS and what is the truth...everything is speculation...
10-29-2020 Newshound/Intel Guru Frank26 Article "A 'knockout' blow to the Iraqi dinar: currency printing in exchange for the end of the financial crisis ... What will Iraq do about 'international conditions'?" ...Oh my goodness the Iraqi dinar got punched in the stomach. No...the translation is incorrect. The Iraqi dinar isn't being knocked out. The Iraqi dinar is being knocked out of Iraq into the international community...the Fab 4 are the ones that call the shots. They are the ones that tell the Central Bank of Iraq what to do with their currency in a sense of a monetary reform. The monetary reform...has told you that the new small category notes have already been printed. For what reason? Quote "For the end of our financial crisis." ...In other words the monetary reform of the Iraqi dinar to add value to it under the supervision of the Fab 4...
10-29-2020 Intel Guru MarkZ [via PDK] [...Dong not until maybe next year...Thoughts MarkZ?] Vietnam holds many dinar in their foreign currency reserves. Iraq holds a lot of Vietnamese Dong in their foreign currency reserves. If they allow them to go (revalue) at separate times by basic accounting it would create more problems then it would fix. I do not look for them to go seperetely…but if it does…our community who is very wealthy could double down and triple down buying currency…we could do a lot for humanity.
10-29-2020 Intel Guru MarkZ [via PDK] So there is no money movement anywhere and my banking contacts are heading home because they do not want to travel next week in case there is unrest. I am just hopeful that during this confusion while everyone is throwing in the towel for a week or two…that this would be the perfect time to pull it off. I am hopeful we will get a surprise…no one knows the timing...the folks in Iraq are still extremely positive that we are in the end days of this RV. So hang tight and don’t let this discourage you. It is still a “when” not an “if”...now would be a good time to do it…when people least expect it…
12-29-2020 Newshound Guru Adam Montana Iraq is moving at a brisk pace right now. We are seeing things we have never seen before. They are accomplishing things that many said would never happen. I think they are going to shock the world soon.
10-29-2020 Newshound Guru Militiaman Video "A video of the Central Bank of counting and sorting the Iraqi currency and destroying it" Why destroy currency if the new currency wasn't to be worth more? You don't. They already printed new small category notes that will need to be covered by value. imo. Hence they are still sorting and even destroying the old or future obsolete notes. New notes to coincide with the old are already in print, the rate to establish the foundation of future trading globally is at hand...IMO ~ MM
10-29-2020 Newshound Guru Jeff ...you're not going to see the second reading of the borrowing law this week. The earliest or soonest you will see it is next week...What does that mean? It's gonna take them about 45 days to get the law done....they're probably not going to complete it till around November 14th. That's just the borrowing law...the rate can't change until the borrowing law is done and the #1 thing we care about right now is simply the borrowing law. We don't care about anything else in the news right now. Just the borrowing law. The budget will come after the rate change...
10-29-2020 Newshound Guru Pimpy Let me touch on these rumors going around...with anything that we do you're gonna have some people that think one way and some people who think another way...a youtuber is claiming there's not going to be any change with the Iraqi dinar. That's fine...this person is only expressing their opinion. This isn't set in any kind of evidence...There's nothing wrong with individuals expressing their opinion...nobody knows what going on with the Iraqi dinar...there's no doubt whatsoever that the Iraqi dinar exchange rate is too low. We know this...over the last month a lot of talk about the exchange rate. Both positive and negative...listen to all the different opinions...listen to the information and you filter through what you feel is BS and what is the truth...everything is speculation...
10-29-2020 Newshound/Intel Guru Frank26 Article "A 'knockout' blow to the Iraqi dinar: currency printing in exchange for the end of the financial crisis ... What will Iraq do about 'international conditions'?" ...Oh my goodness the Iraqi dinar got punched in the stomach. No...the translation is incorrect. The Iraqi dinar isn't being knocked out. The Iraqi dinar is being knocked out of Iraq into the international community...the Fab 4 are the ones that call the shots. They are the ones that tell the Central Bank of Iraq what to do with their currency in a sense of a monetary reform. The monetary reform...has told you that the new small category notes have already been printed. For what reason? Quote "For the end of our financial crisis." ...In other words the monetary reform of the Iraqi dinar to add value to it under the supervision of the Fab 4...
10-29-2020 Intel Guru MarkZ [via PDK] [...Dong not until maybe next year...Thoughts MarkZ?] Vietnam holds many dinar in their foreign currency reserves. Iraq holds a lot of Vietnamese Dong in their foreign currency reserves. If they allow them to go (revalue) at separate times by basic accounting it would create more problems then it would fix. I do not look for them to go seperetely…but if it does…our community who is very wealthy could double down and triple down buying currency…we could do a lot for humanity.
10-29-2020 *** Dinar Guru NewsFlash *** A powerful hurricane popped up in the gulf and is slamming into south Louisiana as I type this. The wind is howling. It's moving fast (which is good). The lights have begun to flicker. But we plan on keeping the guru posts flowing as long as we can. Please keep Louisiana and southern Mississippi in your thoughts and prayers tonight...
Storm Update 8:20pm: The eye of the storm is past us now. The winds are still strong. The lights are out but we're still able to get post up!
Storm Update 6:00am: We made it through the storm. There doesn't appear to be any major damage. We'll know more once the sun rises. Thank you for the thoughts and prayer!
Storm Update 11:00am: No major damage thank goodness. All the kids did fine too. Over 500,000 without power. Sadly we're one of them. But the show must go on! The latest guru posts will continue below...
Storm Update 8:20pm: The eye of the storm is past us now. The winds are still strong. The lights are out but we're still able to get post up!
Storm Update 6:00am: We made it through the storm. There doesn't appear to be any major damage. We'll know more once the sun rises. Thank you for the thoughts and prayer!
Storm Update 11:00am: No major damage thank goodness. All the kids did fine too. Over 500,000 without power. Sadly we're one of them. But the show must go on! The latest guru posts will continue below...
10-28-2020 Intel Guru Bluwolf Time for change is just around our corner. I can hear the wolf's cry. Oh he is so near.
10-28-2020 Intel Guru Bruce I’ve been told by very good sources that at midnight...(Tuesday) the SWIFT System will no longer be used – that we will transition at 12:01 AM...(Wednesday) morning the 28th to QFS exclusively – I think that is important and could be quite significant – that that is taking place... I believe that we are moving forward and we can see things happening...we’re still trying to give you the best information that we can...the time is close – we just don’t know if there is anything else that needs to be done...We know that President Trump is doing a wonderful job keeping peace in the middle east...I know there are some saying that things won’t happen until after the election – how many times have I been told that? And yet I see progress that indicates that we could go any day now... we will see what happens in the next couple of days but you have to be realistic and say this is a day by day basis...
10-28-2020 Newshound Guru Walkingstick [via Frank26] All the benchmarks that Iraq had to meet for their 2 reforms - monetary & economic were met. That's why Chapter 7 was lifted and that's why the United Nations Security Council ain't got jack on Iraq...they met all the benchmarks. Congratulations Iraq ...government...central bank you met all the benchmarks for your two reforms. They were all met and now they're being shown to the citizens and to the international world. This is just amazing. [Post 2 of 2]
10-28-2020 Newshound Guru Walkingstick [via Frank26] the intention was not to not reinstate. It was to reinstate the IQD. The goal was to bring the IQD back globally internationally and add value Internationally for the citizens and for the citizens' purchasing power. This was the goal from the very beginning - to bring the Iraqi dinar back to the glory days. Old timers do you remember those words? The glory days are here but they've added more onto it...the mission has been accomplished. They have revalued. They are going to reinstate because they've already redenominated. No need to print more. The monetary reform of the Iraqi dinar, the plan, its intentions are right in front of your eyes right now. [Post 1 of 2]
10-28-2020 Intel Guru MarkZ [via PDK] On the banking side - no movement that I can find. I have reached out to all my contacts in Asia, the middle east, the west coast, the east coast…and nothing has moved yet. My military contacts are of the understanding that during unrest and lockdowns we are going to get this (reset)…and they are positioning for this weekend. ...We have always been told that the misinformation would be thick right before the end. They are trying to hide it just like they did with Kuwait and China…and all other times in the past.
10-28-2020 Intel Guru Delta She's saying no more sanctions number one. Number two is all the sanctions they had imposed on their currency it's lifted. So now it's just a matter of announcing the new rate - The one that is recognizable tradable...definitely this is more and more confirmation that something is up. Of course we don't know exactly the time frame but we know that something is up...this article you have to reread it 3, 4, 5 times because the 1st time you're gonna say huh? Then the 2nd time you read it is gonna shock you. And then the 3rd time is gonna knock you off to the floor! [Post 2 of 2]
10-28-2020 Intel Guru Delta Article: "A 'knockout' blow to the Iraqi dinar: currency printing in exchange for the end of the financial crisis ... What will Iraq do about 'international conditions'?" ...this one is confirming exactly what all of us have been saying for so many years...she basically let the cat out of the bag which is we know it's coming...this article is very telling...this guy [woman] is making it crystal clear that...We cannot devalue...because we have a contract with the IMF...and we cannot do that because it's going to collapse Iraq...they are about to do something with the currency to go internationally...a beautiful article... [Post 1 of 2...stay tuned]
10-28-2020 Intel Guru Frank26 We are under the expectations that...the basket where the Iraqi dinar will be involved 1 to 1 with the American dollar will be supported by nine peace accord agreements that Donald Trump is doing. It was set to 5 to 7 currencies in the basket...the Iraqi dinar will be backed by nine currencies in the Middle East that President Trump has made deals with for them to be able to come into Iraq and rebuild...
10-28-2020 Intel Guru Footforward [What does the borrowing law mean for the RV] ...This borrowing law everyone is talking about basically should state they can not borrow money and that they need to balance the budget.
10-28-2020 Newshound Guru Jeff We're very close guys. You have to look at the bigger picture with Iraq. Kazemi the new PM he's gotten more done in less than half of this year than the whole country of Iraq's gotten done in the last 15 years... they're at their highest level of stability...we are very close in this. Keep your eyes on the borrowing law and it'll walk you to the finish line...we're in a great spot. We don't have much more to go....
10-28-2020 Intel Guru MarkZ [Looks like Mr. C (Guru Mike Cottrell) may be right and no RV until after the election.] I think this would be an ideal time to do the RV while everybody is wrapped up watching so many other things. Especially with this election if riots break out…we would have martial law and we would safely be able to do our exchanges...
10-27-2020 Newshound/Intel Guru RVAlready Guys, revaluing the IQD vs USD is written into the white paper, which is the economic reform plan for Iraq. It is going to happen sometime soon.
10-27-2020 Intel Guru Footforward [...$4.56/$1.00 US] that's in a ball park of what I'd be looking for.
10-27-2020 Intel Guru Frank26 There are 4 banks. This is my opinion...the #1 bank is Bank of America. Turns out they sold the Iraqi dinar wholesale to the next bank in the chain of command. That was JP Morgan Chase. Then they sold it retail. How many of you bought your dinars from JP Morgan Bank? ...Then there was a 3rd bank - Wells Fargo...they were supposed to exchange the dinar for you. They were going to make a 'mint'...then there was a 4th bank - CitiBank. They were linked internationally with Iraqi banks...they are the bridge that's going to bring the currency back and forth at an International level...
10-27-2020 Newshound Guru Jeff ...This is what I think the chain of events will be...the borrowing law has to get done first. Then my opinion is I think they will change the rate...they haven't even started creating the 2020 budget because the rate hasn't changed yet...I don't think they will complete the borrowing law until very close to around November 21st. I have my eyes right now on around the second half of November...
10-27-2020 Newshound/Intel Guru Mnt Goat The news this period is all about Iraq not having the funds to pay October salaries. The borrowing law is not yet approved and many in parliament do not want to approve more borrowing. Also again more chatter about the currency auctions and what to do to fix them and create more transparency. But there will NEVER be full transparency since the process in the first place simply does not allow it. We all know these auctions need to be cancelled and Iraq needs to go back on the dinar for payment of imports. But the demand for the dinar must first be established or no one will want to accept the dinar for payment. This is important for us investors to understand.
10-27-2020 Intel Guru MarkZ ...This lack of RV news is driving me nuts. ...Banks are ready and on standby. They are prepared...They will get this done…the question is – will everything need to implode first?
10-27-2020 Intel Guru Frank26 ...the borrowing law...the new exchange rate is going to be used in calculations of what they need to borrow from... counties... the borrowing law will have its second reading tomorrow [Tuesday] and its third on Saturday...the borrowing law has to have a rate in it and it does.
10-27-2020 Newshound Guru Jeff We're in a great position...don't forget Iraq is at their highest level of stability that they've ever achieved. Kazemi has gotten more done than they've ever gotten done in a long long long time. Kazemi's gotten more done just in the short period of time he's been there then the entire country's gotten done since they released the new Iraqi dinar. So we're in a great position... stability is the most important thing before that rate can change...
10-27-2020 Intel Guru Footforward [...$4.56/$1.00 US] that's in a ball park of what I'd be looking for.
10-27-2020 Intel Guru Frank26 There are 4 banks. This is my opinion...the #1 bank is Bank of America. Turns out they sold the Iraqi dinar wholesale to the next bank in the chain of command. That was JP Morgan Chase. Then they sold it retail. How many of you bought your dinars from JP Morgan Bank? ...Then there was a 3rd bank - Wells Fargo...they were supposed to exchange the dinar for you. They were going to make a 'mint'...then there was a 4th bank - CitiBank. They were linked internationally with Iraqi banks...they are the bridge that's going to bring the currency back and forth at an International level...
10-27-2020 Newshound Guru Jeff ...This is what I think the chain of events will be...the borrowing law has to get done first. Then my opinion is I think they will change the rate...they haven't even started creating the 2020 budget because the rate hasn't changed yet...I don't think they will complete the borrowing law until very close to around November 21st. I have my eyes right now on around the second half of November...
10-27-2020 Newshound/Intel Guru Mnt Goat The news this period is all about Iraq not having the funds to pay October salaries. The borrowing law is not yet approved and many in parliament do not want to approve more borrowing. Also again more chatter about the currency auctions and what to do to fix them and create more transparency. But there will NEVER be full transparency since the process in the first place simply does not allow it. We all know these auctions need to be cancelled and Iraq needs to go back on the dinar for payment of imports. But the demand for the dinar must first be established or no one will want to accept the dinar for payment. This is important for us investors to understand.
10-27-2020 Intel Guru MarkZ ...This lack of RV news is driving me nuts. ...Banks are ready and on standby. They are prepared...They will get this done…the question is – will everything need to implode first?
10-27-2020 Intel Guru Frank26 ...the borrowing law...the new exchange rate is going to be used in calculations of what they need to borrow from... counties... the borrowing law will have its second reading tomorrow [Tuesday] and its third on Saturday...the borrowing law has to have a rate in it and it does.
10-27-2020 Newshound Guru Jeff We're in a great position...don't forget Iraq is at their highest level of stability that they've ever achieved. Kazemi has gotten more done than they've ever gotten done in a long long long time. Kazemi's gotten more done just in the short period of time he's been there then the entire country's gotten done since they released the new Iraqi dinar. So we're in a great position... stability is the most important thing before that rate can change...
10-26-2020 ***Dinar Guru News Update *** The United States and the Trump team negotiated another peace agreement in the Middle East. Sudan is the 3rd country to do so in the last four weeks. They signed the Abraham Peace Accord with Israel several days ago. This is HUGE news. The United Arab Emirates, Bahrain, and Sudan are the first Arab nations to normalize relations with Israel in over 25 years. They join Jordon and Egypt. Security and stability is sweeping across the region. At least 6 more nations are expected to join the accord. The gurus suspect Iraq could be one of them...Stay tuned as this story unfolds...the latest guru posts will continue below.
10-26-2020 Newshound Guru Pimpy I notice that there are people that are getting restless and these people are the new people. What I meant by that is they haven't been holding the Iraqi dinar for about a year and they're complaining already. I tell you there's people that's been in this game for 15, 16 years all right. You can't get frustrated. All you can do is keep an eye on it. There's been more positive news IMO in 2020 than we've seen in a long time that I could remember...stay positive. There are some other good news coming. I'm anticipating that going to happen this week...
10-26-2020 Newshound Guru Pimpy ...I want to make a point about the Iraqi dinar. Once these nations all sign these agreements (peace agreements) there's these new trade agreements that are coming BTW in which they can all do business with one another. This will bring a lot of business very quickly into Iraq as well as surrounding nations there but especially in Iraq. Iraq is the hub into the Middle East...Other countries are going to be investing money into rebuilding Iraq. It's starting from scratch. This is going to bring a lot of jobs there. This is great news for both short term and long term when it comes to Iraqi dinar...
10-26-2020 Newshound Guru Pimpy Article: "Al-Kazemi spokesman: More than 25 officials are behind bars" Al-Kazemi is no joke. When he is draining the Iraqi swamp he is draining the swamp...quote "25 officials in addition to the corrupt whales [Super wealthy individuals] are under bars and under investigation during the first 2 months of al-Kazemi's government." This is what I'm talking about man. Making these kinds of moves. Let's show the world that you're capable of handling the corruption. I love this news...this is gonna look really good in the eyes of the international community...Al-Kazemi...seems to be the man of the people and I love to see that...
10-26-2020 Intel Guru MarkZ [via PDK] It was an exceptionally quiet weekend with very little news…especially on the banking front. In Iraq this morning...no measurable movement. [Looking like RV after the election!] I am starting to feel that way. I was expecting a whole lot to happen this weekend that did not. Seven days and 14 hours until election day. If I hear anything worth sharing I will...but, at this point I am not anticipating anything earth shattering.
10-26-2020 Newshound Guru MilitiaMan Article: "Parliamentary Finance confirms the government's printing of new currencies without financial cover and describes the act as "dangerous" ...we see they speak if printing currency with out "cover". Well "cover" to me may mean a new rate is needed now, as the CBI has not exposed it yet. They printed new notes, not larger triple zero notes...
10-26-2020 Newshound Guru Pimpy ...I want to make a point about the Iraqi dinar. Once these nations all sign these agreements (peace agreements) there's these new trade agreements that are coming BTW in which they can all do business with one another. This will bring a lot of business very quickly into Iraq as well as surrounding nations there but especially in Iraq. Iraq is the hub into the Middle East...Other countries are going to be investing money into rebuilding Iraq. It's starting from scratch. This is going to bring a lot of jobs there. This is great news for both short term and long term when it comes to Iraqi dinar...
10-26-2020 Newshound Guru Pimpy Article: "Al-Kazemi spokesman: More than 25 officials are behind bars" Al-Kazemi is no joke. When he is draining the Iraqi swamp he is draining the swamp...quote "25 officials in addition to the corrupt whales [Super wealthy individuals] are under bars and under investigation during the first 2 months of al-Kazemi's government." This is what I'm talking about man. Making these kinds of moves. Let's show the world that you're capable of handling the corruption. I love this news...this is gonna look really good in the eyes of the international community...Al-Kazemi...seems to be the man of the people and I love to see that...
10-26-2020 Intel Guru MarkZ [via PDK] It was an exceptionally quiet weekend with very little news…especially on the banking front. In Iraq this morning...no measurable movement. [Looking like RV after the election!] I am starting to feel that way. I was expecting a whole lot to happen this weekend that did not. Seven days and 14 hours until election day. If I hear anything worth sharing I will...but, at this point I am not anticipating anything earth shattering.
10-26-2020 Newshound Guru MilitiaMan Article: "Parliamentary Finance confirms the government's printing of new currencies without financial cover and describes the act as "dangerous" ...we see they speak if printing currency with out "cover". Well "cover" to me may mean a new rate is needed now, as the CBI has not exposed it yet. They printed new notes, not larger triple zero notes...
10-25-2020 Newshound Guru Jeff ...the Borrowing Law. Here's what I see them doing. They've done the first reading and they haven't changed the rate yet. What that suggests to me is that they are most likely not going to change the rate until around the end of the approval process of the Borrowing Law. Typically all three readings of a law take anywhere from 30 to 45 days...they've already did the first reading...
10-25-2020 Newshound/Intel Guru RVAlready I do know people who said this would not happen until after the election. But their reasoning seemed no good to me. If we are waiting for another event, it is certainly later than any plan I have ever heard about.
10-25-2020 Intel Guru Footforward [ I know you don't care about the protest...but I woke up this morning and...the whole country is protesting... The people of Iraq gave the Gov until the 25 to start the reforms... but what a surprise Iraq couldn't follow through on another date...] ...the Iraqi people...have been asked to do something and they aren't doing their part. The issue is not the Iraqi PM. ...this Iraqi PM has done alot actually...The issue is not the Iraqi PM. At all. ...I don't care about protests going on...I absolutely believe this is going to happen. And nothing shakes me. At all. I don't change my mind because of the protests...
10-25-2020 Intel Guru Frank26 CBI Video "A video of the Central Bank of counting and sorting the Iraqi currency and destroying it." You know why they're destroying it? ...because they're about to introduce the new small category notes...
10-25-2020 Intel Guru RayRen98 SINCE IT DIDN'T HAPPEN ON SATURDAY, BANKING STAFF WILL REPORT BACK IN EARLY, EARLY ON SUNDAY MORNING.
10-25-2020 Newshound/Intel Guru RVAlready I do know people who said this would not happen until after the election. But their reasoning seemed no good to me. If we are waiting for another event, it is certainly later than any plan I have ever heard about.
10-25-2020 Intel Guru Footforward [ I know you don't care about the protest...but I woke up this morning and...the whole country is protesting... The people of Iraq gave the Gov until the 25 to start the reforms... but what a surprise Iraq couldn't follow through on another date...] ...the Iraqi people...have been asked to do something and they aren't doing their part. The issue is not the Iraqi PM. ...this Iraqi PM has done alot actually...The issue is not the Iraqi PM. At all. ...I don't care about protests going on...I absolutely believe this is going to happen. And nothing shakes me. At all. I don't change my mind because of the protests...
10-25-2020 Intel Guru Frank26 CBI Video "A video of the Central Bank of counting and sorting the Iraqi currency and destroying it." You know why they're destroying it? ...because they're about to introduce the new small category notes...
10-25-2020 Intel Guru RayRen98 SINCE IT DIDN'T HAPPEN ON SATURDAY, BANKING STAFF WILL REPORT BACK IN EARLY, EARLY ON SUNDAY MORNING.
10-24-2020 Intel Guru Austin-Powers-For-PM ...This RV will happen, but it's impossible to nail down a timeline. In 10+ years of this journey we've had people tell us that it "has" to happen before (pick your date) and that date comes and goes. We could very well be post election without an RV. I do believe this will happen either before 2020 is over or the 1st few days of 2021...Things are lining up, and they're in a position where they will have to make things happen, and rather soon. Do understand that there are forces that want this stopped dead in it's tracks (Iranian proxies, the corrupt in high places, global interests who benefit from the Status Quo) who will do anything to delay this until January 20th, 2021...Yes, the heat is on to complete this and complete it very soon.
10-24-2020 Intel Guru Frank26 ...right now we're right at the cusp of bring fourth the new exchange rate for the Iraqi dinar. Right now we're beyond the cusp of introducing the pictures of the new small category notes to the citizens...anywhere from one to four weeks then you can say goodbye to me...
10-24-2020 Intel Guru Footforward many have connected the QFS and the revaluation as something that will happen together. I've felt that wasn't going to be the case. That the QFS was a few years away yet...in every banking article, Iraq is talking swift. Not QFS. Trump put one billion into development of the QFS. That told me this is something still being worked on.
10-24-2020 Newshound Guru Pimpy Article: "Trump delivers remarks after announcing Sudan will normalize relation with Israel" ...we're about to see the most prosperous time in human history...watch Trump get his now fifth Nobel Peace Prize nomination this year...I'm expecting these types of announcements to really help outside investors feel really good about coming in there. The more they see these nations cooperating with one another and agreeing to peace and willing to work on the international scene and bringing businesses. This is really good. This is a good time to be holding Iraqi Dinar...they're doing really really good and so you should be very excited...
10-24-2020 Newshound Guru Kaperoni Appears Iraq has agreed to a 3 year international trusteeship made up of 7 countries to help them move their economy forward and solve the financial crisis. This is big news...
10-24-2020 Intel Guru Frank26 the monetary reform of the Iraqi dinar...it was so important for Iraq to have security and stability. And they got it...President Trump got another one. How many of these countries do you think are going to sign peace accords? Nine...the Iraqi dinar it's going to be in a the Middle Eastern basket...The CBI, the government has told us this...How many countries will be in that basket? ...Nine...Thank you President Trump for bringing peace into the Middle East because we sure needed that security and stability...It sounds to me that everything is on course...
10-24-2020 Newshound Guru MilitiaMan Article: "Britain will receive 5,000 artifacts to Iraq early next year, and Al-Kazemi reviews them" One has to think that they cut a deal. They didn't get those artifacts with out strings attached. There has to be a good reason and it is not at a cost with a program rate in mind.. No, the deals in investments, reconstruction, energy all come with a cost of a real international rate. The secondary markets require it. This sure looks of...you do the right thing, we can get this back to you after you show the world the new rate...Game on folks, game on... imo.
10-24-2020 Intel Guru Bruce [via WiserNow] ...We’ve been told from several sources - I’ve been personally told it will not go past this weekend for us – meaning for the internet group – as far as I know the week still ends on Saturday and then Sunday begins the new week...if this is going to go by the end of this week – which I’m calling Saturday then we’re in really good shape...
10-24-2020 Intel Guru Frank26 ...right now we're right at the cusp of bring fourth the new exchange rate for the Iraqi dinar. Right now we're beyond the cusp of introducing the pictures of the new small category notes to the citizens...anywhere from one to four weeks then you can say goodbye to me...
10-24-2020 Intel Guru Footforward many have connected the QFS and the revaluation as something that will happen together. I've felt that wasn't going to be the case. That the QFS was a few years away yet...in every banking article, Iraq is talking swift. Not QFS. Trump put one billion into development of the QFS. That told me this is something still being worked on.
10-24-2020 Newshound Guru Pimpy Article: "Trump delivers remarks after announcing Sudan will normalize relation with Israel" ...we're about to see the most prosperous time in human history...watch Trump get his now fifth Nobel Peace Prize nomination this year...I'm expecting these types of announcements to really help outside investors feel really good about coming in there. The more they see these nations cooperating with one another and agreeing to peace and willing to work on the international scene and bringing businesses. This is really good. This is a good time to be holding Iraqi Dinar...they're doing really really good and so you should be very excited...
10-24-2020 Newshound Guru Kaperoni Appears Iraq has agreed to a 3 year international trusteeship made up of 7 countries to help them move their economy forward and solve the financial crisis. This is big news...
10-24-2020 Intel Guru Frank26 the monetary reform of the Iraqi dinar...it was so important for Iraq to have security and stability. And they got it...President Trump got another one. How many of these countries do you think are going to sign peace accords? Nine...the Iraqi dinar it's going to be in a the Middle Eastern basket...The CBI, the government has told us this...How many countries will be in that basket? ...Nine...Thank you President Trump for bringing peace into the Middle East because we sure needed that security and stability...It sounds to me that everything is on course...
10-24-2020 Newshound Guru MilitiaMan Article: "Britain will receive 5,000 artifacts to Iraq early next year, and Al-Kazemi reviews them" One has to think that they cut a deal. They didn't get those artifacts with out strings attached. There has to be a good reason and it is not at a cost with a program rate in mind.. No, the deals in investments, reconstruction, energy all come with a cost of a real international rate. The secondary markets require it. This sure looks of...you do the right thing, we can get this back to you after you show the world the new rate...Game on folks, game on... imo.
10-24-2020 Intel Guru Bruce [via WiserNow] ...We’ve been told from several sources - I’ve been personally told it will not go past this weekend for us – meaning for the internet group – as far as I know the week still ends on Saturday and then Sunday begins the new week...if this is going to go by the end of this week – which I’m calling Saturday then we’re in really good shape...
10-23-2020 Newshound/Intel Guru Mnt Goat ...the overall plan to also reinstate the dinar and re-peg it to a basket of 5 currencies thus the rate of the exchange will change outside of Iraq thus giving Iraq more purchasing power thus more ability to buy more goods and services. The dinar will be worth more outside of Iraq . It is the globalization of the dinar that is important and deleting the zeros is just step to help get there...
10-23-2020 Newshound Guru Pimpy REPORT: "White Paper for Economic Reform" Now that we have the details of the "White Papers" or The Economic Reform Papers you guys can see the details for yourself because there is some exchange rate talk... quote "Review the current exchange rate of the dollar against the dinar." Again, listen, they said they're just reviewing...as the dollar continues to get weaker other currencies will rise up against it. This is good for those of us holding on to foreign currencies as an investment. We want to see that...quote "establishing new trade markets such as commodity markets and a currency exchange market." We need to see the Iraqi dinar become eligible and start trading on the Forex...they'll probably just float the dinar and let the market decide from there what the exchange rate is...that's good news. We need them to unpeg from the U.S. dollar...
10-23-2020 Newshound Guru Petra I gotta believe that a lot of those International market players are already lining up because they read the articles like we do. Those finance guys. Those hedge fund guys read the articles like we do. So I'm sure they're excited as well...we're in a great spot. I'm excited. The wife is excited. We're just looking forward to this coming to an end...we're in a great place...we're right there. There is no question about it...let's see what they decide to do...
10-23-2020 Intel Guru Footforward [Should we wait for forex changes or what do you think we need to be looking for in the markets?] When the rate changes it will change on CBI website. I'd watch that. [NOTE: You can always see the CBI's latest official rate in the left column of this page.]
10-23-2020 Intel Guru MarkZ [via PDK] Most of my “POA” type folks are on a 2 hour standby to be ready. Does that mean it’s this weekend? Well, things are starting to line up and I am crossing my fingers and hoping.
10-23-2020 Newshound Guru Adam Montana [...how close are we?...] In my opinion...we are now finally inside of a 6 month window. Do, or die, within that timeframe. I know, I know - I wish is was 6 days as well.
10-23-2020 Newshound Guru MilitiaMan They mention...reviewing the Dollar/Dinar Exchange Rate and...they talk about new markets that include commodity markets and above all FOREX. The final requirements appear to have to do with those two key elements of where we are at with this stage of the White Papers. The rest will be over a 3-5 year period. There is an article telling us that the Director of the CBI as of recent, that an exchange rate is expected from 120 - 121 IQD to 100 USD. That fits with internationalism. So the final decisions most likely sorted... Very very very exciting and powerful times we are in. Lets see what the CBI says when they get home... The banks are open for accounts today and tomorrow, fwiw too. To have an exchange rate change as the CBI Director has said would require the NSCNs(LD’s) ... imo. [post 2 of 2]
10-23-2020 Newshound Guru MilitiaMan Article: "The White Paper for Economic Reforms: vision and key objectives" Quote: "The Iraqi government has formally adopted the White Paper for Economic Reforms prepared by the Crisis Cell for Financial and Fiscal Reform." No matter how we slice this, they need an international exchange rate prior to launching. They European Bank of Reconstruction and Development is in the final stages for Iraq's ascension to the bank. It is with them and along with the Global Accounting Firms of Ernst & Young and Pricewater House - Cooper that are involved with the final requirements. To get to the final requirements tells us this White Paper has already been in play for many months and years already. To meet with the EBRD and E & Y and PWHC is for to implement it internationally. [post 1 of 2....stay tuned]
10-23-2020 Newshound Guru Pimpy I'm speculating, it's just my opinion, you're either going to see this revaluation of the Iraq dinar happen either before the election or sometime in January. I don't like doing dates and rate but there's a lot of other things that are happening around this timeframe and I have a feeling the IQD is going to play a huge part of this...I don't have any proof of what I'm saying..I'm just saying to you based on a lot of conversations that that I have with different people, based on a lot of news that I've read, based on a lot of articles that I've read, there's some type of race going on, there really is, as far as what monetary system is going to be used.
10-23-2020 Newshound Guru Kaperoni Why are there so many articles about floating the dinar over the years? Because that is how monetary policy truly works. Exchange rates rise as economies grow. Nothing Is random...
10-23-2020 Newshound Guru Pimpy REPORT: "White Paper for Economic Reform" Now that we have the details of the "White Papers" or The Economic Reform Papers you guys can see the details for yourself because there is some exchange rate talk... quote "Review the current exchange rate of the dollar against the dinar." Again, listen, they said they're just reviewing...as the dollar continues to get weaker other currencies will rise up against it. This is good for those of us holding on to foreign currencies as an investment. We want to see that...quote "establishing new trade markets such as commodity markets and a currency exchange market." We need to see the Iraqi dinar become eligible and start trading on the Forex...they'll probably just float the dinar and let the market decide from there what the exchange rate is...that's good news. We need them to unpeg from the U.S. dollar...
10-23-2020 Newshound Guru Petra I gotta believe that a lot of those International market players are already lining up because they read the articles like we do. Those finance guys. Those hedge fund guys read the articles like we do. So I'm sure they're excited as well...we're in a great spot. I'm excited. The wife is excited. We're just looking forward to this coming to an end...we're in a great place...we're right there. There is no question about it...let's see what they decide to do...
10-23-2020 Intel Guru Footforward [Should we wait for forex changes or what do you think we need to be looking for in the markets?] When the rate changes it will change on CBI website. I'd watch that. [NOTE: You can always see the CBI's latest official rate in the left column of this page.]
10-23-2020 Intel Guru MarkZ [via PDK] Most of my “POA” type folks are on a 2 hour standby to be ready. Does that mean it’s this weekend? Well, things are starting to line up and I am crossing my fingers and hoping.
10-23-2020 Newshound Guru Adam Montana [...how close are we?...] In my opinion...we are now finally inside of a 6 month window. Do, or die, within that timeframe. I know, I know - I wish is was 6 days as well.
10-23-2020 Newshound Guru MilitiaMan They mention...reviewing the Dollar/Dinar Exchange Rate and...they talk about new markets that include commodity markets and above all FOREX. The final requirements appear to have to do with those two key elements of where we are at with this stage of the White Papers. The rest will be over a 3-5 year period. There is an article telling us that the Director of the CBI as of recent, that an exchange rate is expected from 120 - 121 IQD to 100 USD. That fits with internationalism. So the final decisions most likely sorted... Very very very exciting and powerful times we are in. Lets see what the CBI says when they get home... The banks are open for accounts today and tomorrow, fwiw too. To have an exchange rate change as the CBI Director has said would require the NSCNs(LD’s) ... imo. [post 2 of 2]
10-23-2020 Newshound Guru MilitiaMan Article: "The White Paper for Economic Reforms: vision and key objectives" Quote: "The Iraqi government has formally adopted the White Paper for Economic Reforms prepared by the Crisis Cell for Financial and Fiscal Reform." No matter how we slice this, they need an international exchange rate prior to launching. They European Bank of Reconstruction and Development is in the final stages for Iraq's ascension to the bank. It is with them and along with the Global Accounting Firms of Ernst & Young and Pricewater House - Cooper that are involved with the final requirements. To get to the final requirements tells us this White Paper has already been in play for many months and years already. To meet with the EBRD and E & Y and PWHC is for to implement it internationally. [post 1 of 2....stay tuned]
10-23-2020 Newshound Guru Pimpy I'm speculating, it's just my opinion, you're either going to see this revaluation of the Iraq dinar happen either before the election or sometime in January. I don't like doing dates and rate but there's a lot of other things that are happening around this timeframe and I have a feeling the IQD is going to play a huge part of this...I don't have any proof of what I'm saying..I'm just saying to you based on a lot of conversations that that I have with different people, based on a lot of news that I've read, based on a lot of articles that I've read, there's some type of race going on, there really is, as far as what monetary system is going to be used.
10-23-2020 Newshound Guru Kaperoni Why are there so many articles about floating the dinar over the years? Because that is how monetary policy truly works. Exchange rates rise as economies grow. Nothing Is random...
10-22-2020 Newshound Guru Pimpy ...I told you guys a while back...that I wasn't sure why but there was a lot of central banks that were stocking up on the IQD which at the time didn't make no sense...In addition I told you that the BIS oversaw very large currency swap that involved the Iraqi dinar. Also I told you there's a lot of countries that have been making moves recently on the IQD as well. What this means is - I'm not sure. But there are a lot of people moving on IQD. I can't help but think that all these counties and banks are stocking up on IQD then it might be...Iraq becomes somehow a poor man's version of the international reserve currency for whatever this thing is that they're doing...this is just speculation but there's too many moving parts that seem to be going together here...
10-22-2020 Intel Guru Footforward [...since it goes to the forex market, can Iraq update it during a banking holiday or Iraq’s weekend?] yes. I've been told that Iraq can update or change their rate any time they want.
10-22-2020 Newshound Guru MilitiaMan Article: "A member of Parliament Finance sets an expected date for the October salary distribution" Quote: "He emphasized that the government should proceed with its reforms, noting that the Minister of Finance said that the White Paper will be implemented as of January 1, 2021." ...Reforms are a part of the White Papers. What the White papers are yet to have exposed to the masses, is first and prior to any implementation of the White papers, is a rate at which the reforms will be allocated in and to! Yep, prior to the end of year salaries that are yet to be determined Or have yet to be paid is a rate for the last final 4 months of the year...
10-22-2020 Intel Guru MarkZ [via PDK] On the RV front I am still hearing very positive things that lead me to believe we will see this before the end of the month. Lots of chatter…I am also hearing we should have a lot of news by tomorrow morning.
10-22-2020 Intel Guru Bruce ...it feels like we’re saying Sayonara! And we kinda are – at least in our expectation is great for something very proximate to now...could we start Thursday? More likely – we’ll see what happens – It’s a heads up...not calling it - just saying – this is what I am getting...And talking about rates...Dinar and Dong much higher than we all thought – front screen rates – much higher – you will be just fine – So don’t sweat it...it’s going to be wonderful...I believe this is coming to us and we’re ready to move on and get this done – it appears that they are ready...
10-22-2020 Newshound Guru Jeff ...They probably released the most important piece of news today that we've seen this entire year...Article: "Urgent Parliament holds a session next Saturday, completes electoral districts and reads the law on financing the fiscal deficit" ...the borrowing law is needed...they've told us factually in the news that the large deficit within the budget is the reforms...they're saying on Saturday they're going to start the first reading of the fiscal deficit...this is probably the most important news that you've ever seen this entire year...This is huge.
10-22-2020 Intel Guru Footforward Article quotes: “The Iraqi government is working hard to implement financial and administrative reforms, and the reform white paper outlines to overcoming crises and achieves development in various fields.”; "Al-Kadhimi's European Tour which started on October 18 includes London, Paris and Berlin." I believe they are looking for people to invest in Iraq's economy which is about to boom...He's not out begging for a hand out. He's looking for investment in Iraq because they are about to revalue their currency in my opinion...He's doing this so they have deals in place to hit the ground running.
10-22-2020 Intel Guru MarkZ [via PDK] [...is it true Trump is being fined every day the RV is delayed?] I cannot find anything to support that anywhere…i have dug and spoken with contacts at the Hague…I believe it is out of Trump’s control. I was told he signed over his control of the event. I do not believe that is accurate.
10-22-2020 Intel Guru Footforward [...since it goes to the forex market, can Iraq update it during a banking holiday or Iraq’s weekend?] yes. I've been told that Iraq can update or change their rate any time they want.
10-22-2020 Newshound Guru MilitiaMan Article: "A member of Parliament Finance sets an expected date for the October salary distribution" Quote: "He emphasized that the government should proceed with its reforms, noting that the Minister of Finance said that the White Paper will be implemented as of January 1, 2021." ...Reforms are a part of the White Papers. What the White papers are yet to have exposed to the masses, is first and prior to any implementation of the White papers, is a rate at which the reforms will be allocated in and to! Yep, prior to the end of year salaries that are yet to be determined Or have yet to be paid is a rate for the last final 4 months of the year...
10-22-2020 Intel Guru MarkZ [via PDK] On the RV front I am still hearing very positive things that lead me to believe we will see this before the end of the month. Lots of chatter…I am also hearing we should have a lot of news by tomorrow morning.
10-22-2020 Intel Guru Bruce ...it feels like we’re saying Sayonara! And we kinda are – at least in our expectation is great for something very proximate to now...could we start Thursday? More likely – we’ll see what happens – It’s a heads up...not calling it - just saying – this is what I am getting...And talking about rates...Dinar and Dong much higher than we all thought – front screen rates – much higher – you will be just fine – So don’t sweat it...it’s going to be wonderful...I believe this is coming to us and we’re ready to move on and get this done – it appears that they are ready...
10-22-2020 Newshound Guru Jeff ...They probably released the most important piece of news today that we've seen this entire year...Article: "Urgent Parliament holds a session next Saturday, completes electoral districts and reads the law on financing the fiscal deficit" ...the borrowing law is needed...they've told us factually in the news that the large deficit within the budget is the reforms...they're saying on Saturday they're going to start the first reading of the fiscal deficit...this is probably the most important news that you've ever seen this entire year...This is huge.
10-22-2020 Intel Guru Footforward Article quotes: “The Iraqi government is working hard to implement financial and administrative reforms, and the reform white paper outlines to overcoming crises and achieves development in various fields.”; "Al-Kadhimi's European Tour which started on October 18 includes London, Paris and Berlin." I believe they are looking for people to invest in Iraq's economy which is about to boom...He's not out begging for a hand out. He's looking for investment in Iraq because they are about to revalue their currency in my opinion...He's doing this so they have deals in place to hit the ground running.
10-22-2020 Intel Guru MarkZ [via PDK] [...is it true Trump is being fined every day the RV is delayed?] I cannot find anything to support that anywhere…i have dug and spoken with contacts at the Hague…I believe it is out of Trump’s control. I was told he signed over his control of the event. I do not believe that is accurate.
10-21-2020 Newshound/Intel Guru Petra Question "Do you think that the reinstatement of the Iraq dinar is about to work?" Is that a rhetorical question? Yes Absolutely it is. That's one of the reasons why I've been so quiet because I'm just waiting for them to make their move.
10-21-2020 Intel Guru Frank26 ...our days are coming to an end...Once they say to the citizens come into the bank...we want to show you something. Once they do that. The moment they do that I'm done...you understand that my friend [guru] walkingstick, the firm that he belongs to has over 600 employees...about a couple dozen owners...of those 20, two of them own banks that represent that company of Walkingstick's...It's been there for over 30 years...that's why whenever the CBI does something for the monetary reform they call...the one who owns banks in Iraq...sometimes we are able to give it [intel] to you...sometimes we don't give it to you...it's fascinating...and now coming to an end IMO...
10-20-2020 Newshound/Intel Guru Mnt Goat We know that in order to do this FLOAT they will NOT use the program rate and the currency auctions must be stopped in order to “reinstate” the dinar. They also...talk about “increasing the GLOBAL DEMAND” which we all should know by now means to get rid of the auctions and get it back on FOREX and use the dinar for trade once again. But as usual some economist also do not agree with Dr. Shabibi and the CBI in wanting to do this FLOAT...So this only confirms to us again that they are serious about the FLOAT. We know the process that is involved and it means first accomplishing the “project to delete the zeros” and so articles also talk about doing this now too along with the thinking of the FLOAT. Folks this is all “WOW!” and fantastic news for us...
10-21-2020 Newshound Guru Adam Montana Red herrings...False flags... Chicken littles, running around yelling about the sky falling. You know what I'm seeing? The home stretch. ...we are approaching the most critical and crucial time in history for the Iraqi Dinar. ...This recent string of "concerning news" is the best thing I've seen in a long time! Article: "Collapse of the dinar is possible" This is a prime example of what we expect to see immediately before the RV. They want as much dinar sold back to them as possible. I'm not suggesting anyone "buy on bad news" - but I certainly won't be bailing right now! This is the make or break time for Iraq - for better, or worse, we should have closure soon. I think we are headed in a great direction. Go Iraq...Go Dinar...GO RVVV!
10-21-2020 Newshound Guru Jeff ...the citizens started protesting last year on October 25th. The citizens are saying they're going to bring it back and do it again...the citizens are only giving the government until October 25th of this year to have the reforms done. This is looming in the background...
10-21-2020 Newshound Guru Pimpy ...there is an article that I think is a super huge big deal...because it's gonna make a huge difference on what's going on in the Middle East and that includes obviously Iraq... Article: "A Saudi Prince Declares Independence From Old Obligations" ...this news here is huge...nobody wants the status quo anymore and this is important for what we want to accomplish over in Iraq...you're gonna see the middle easy really really have an economic boom...I'm anticipating one more peace agreement probably coming out this week if not the following week. I think you're gonna see Iraq along with Jordan come on board...This is great for a short term and long term investment into Iraq. The more stable that whole entire region becomes the easier it is to attract outside investors in who can help your economy boom...this is big news.
10-21-2020 Intel Guru MarkZ [via PDK] Its been very quiet…It was even quieter than yesterday...I am hopeful we will soon see movement…everyone seems to still be sitting on “GO”...we sit here on the edge of our seats. They have been hiding the dates and rates on purpose for security reasons…
10-21-2020 Newshound Guru Breitling ...A lot of people keep asking me 'Why do you have so much confidence in the Iraqi dinar?' 1. Iraq has the U.S. dollar to back it up. That's the bedrock of Iraq. 2. They can get loans that help them get more dollars. They're selling oil, not only that, they have resources where they can get loans and they get it in the U.S. dollar...I can't wait. It's coming. I promise you...have a plan when it revalues...
10-21-2020 Newshound/Intel Guru Petra ...we've got Mnuchin in the Middle East...At the very same time we've got Kazemi in the European theater. Both are doing business. They're not there for a tea party. They're both there to do business. And that is going to position Iraq into a great opportunity of being the central country for business and trade in the Middle East...yes they are Article 8 but they need to do one more step to be formal and that would be to announce their new rate...
10-21-2020 Intel Guru Frank26 ...IOO the reinstatement of the Iraqi dinar has landed at the CBI. Now you have to be patient and allow them to get everything in order...you have to let them finish what they're doing. They've landed IOO and now they're going to tell the citizens...
10-21-2020 Intel Guru Footforward [what are your thoughts on what the VND May revalue at?...] 5-10 cents has been the expected rate for a long time. But now with Vietnam pulling away from China, I'd expect that to be higher. That's my opinion. Not financial or investment advice.
10-21-2020 Intel Guru Frank26 ...our days are coming to an end...Once they say to the citizens come into the bank...we want to show you something. Once they do that. The moment they do that I'm done...you understand that my friend [guru] walkingstick, the firm that he belongs to has over 600 employees...about a couple dozen owners...of those 20, two of them own banks that represent that company of Walkingstick's...It's been there for over 30 years...that's why whenever the CBI does something for the monetary reform they call...the one who owns banks in Iraq...sometimes we are able to give it [intel] to you...sometimes we don't give it to you...it's fascinating...and now coming to an end IMO...
10-20-2020 Newshound/Intel Guru Mnt Goat We know that in order to do this FLOAT they will NOT use the program rate and the currency auctions must be stopped in order to “reinstate” the dinar. They also...talk about “increasing the GLOBAL DEMAND” which we all should know by now means to get rid of the auctions and get it back on FOREX and use the dinar for trade once again. But as usual some economist also do not agree with Dr. Shabibi and the CBI in wanting to do this FLOAT...So this only confirms to us again that they are serious about the FLOAT. We know the process that is involved and it means first accomplishing the “project to delete the zeros” and so articles also talk about doing this now too along with the thinking of the FLOAT. Folks this is all “WOW!” and fantastic news for us...
10-21-2020 Newshound Guru Adam Montana Red herrings...False flags... Chicken littles, running around yelling about the sky falling. You know what I'm seeing? The home stretch. ...we are approaching the most critical and crucial time in history for the Iraqi Dinar. ...This recent string of "concerning news" is the best thing I've seen in a long time! Article: "Collapse of the dinar is possible" This is a prime example of what we expect to see immediately before the RV. They want as much dinar sold back to them as possible. I'm not suggesting anyone "buy on bad news" - but I certainly won't be bailing right now! This is the make or break time for Iraq - for better, or worse, we should have closure soon. I think we are headed in a great direction. Go Iraq...Go Dinar...GO RVVV!
10-21-2020 Newshound Guru Jeff ...the citizens started protesting last year on October 25th. The citizens are saying they're going to bring it back and do it again...the citizens are only giving the government until October 25th of this year to have the reforms done. This is looming in the background...
10-21-2020 Newshound Guru Pimpy ...there is an article that I think is a super huge big deal...because it's gonna make a huge difference on what's going on in the Middle East and that includes obviously Iraq... Article: "A Saudi Prince Declares Independence From Old Obligations" ...this news here is huge...nobody wants the status quo anymore and this is important for what we want to accomplish over in Iraq...you're gonna see the middle easy really really have an economic boom...I'm anticipating one more peace agreement probably coming out this week if not the following week. I think you're gonna see Iraq along with Jordan come on board...This is great for a short term and long term investment into Iraq. The more stable that whole entire region becomes the easier it is to attract outside investors in who can help your economy boom...this is big news.
10-21-2020 Intel Guru MarkZ [via PDK] Its been very quiet…It was even quieter than yesterday...I am hopeful we will soon see movement…everyone seems to still be sitting on “GO”...we sit here on the edge of our seats. They have been hiding the dates and rates on purpose for security reasons…
10-21-2020 Newshound Guru Breitling ...A lot of people keep asking me 'Why do you have so much confidence in the Iraqi dinar?' 1. Iraq has the U.S. dollar to back it up. That's the bedrock of Iraq. 2. They can get loans that help them get more dollars. They're selling oil, not only that, they have resources where they can get loans and they get it in the U.S. dollar...I can't wait. It's coming. I promise you...have a plan when it revalues...
10-21-2020 Newshound/Intel Guru Petra ...we've got Mnuchin in the Middle East...At the very same time we've got Kazemi in the European theater. Both are doing business. They're not there for a tea party. They're both there to do business. And that is going to position Iraq into a great opportunity of being the central country for business and trade in the Middle East...yes they are Article 8 but they need to do one more step to be formal and that would be to announce their new rate...
10-21-2020 Intel Guru Frank26 ...IOO the reinstatement of the Iraqi dinar has landed at the CBI. Now you have to be patient and allow them to get everything in order...you have to let them finish what they're doing. They've landed IOO and now they're going to tell the citizens...
10-21-2020 Intel Guru Footforward [what are your thoughts on what the VND May revalue at?...] 5-10 cents has been the expected rate for a long time. But now with Vietnam pulling away from China, I'd expect that to be higher. That's my opinion. Not financial or investment advice.
10-20-2020 Newshound Guru Breitling ...Is Trump or Biden going to have any bearing? No it's not. Even though Trump and Biden might have different strategies, Left or Right no body is trying to give up our trade empire. That's not what's happening. That's not on the table. That's not what's at risk...It's because of that I'm not worried about Iraq...
10-20-2020 Intel Guru Frank26 I've always looked at Saturday and a Sunday... we've adjusted that. We moved it to a Sunday to a Monday...the reason why is because if they do this to the citizens on a Sunday they will rush into the banks in Iraq because the banks are open and they will celebrate and do their thing. Will you be able to do that? No. Not until the next day. Sunday would be their celebration...Monday you can go to the bank...we've adjusted our thinking that when and if and whenever this happens we're looking more for Sunday to Monday kind of a thing...
10-20-2020 Newshound/Intel Guru Petra ...The evidence that they're telling the Iraq people is important because they need to get them into the banks...Iraq is ready to reintroduce themselves...I do believe we are at a point where we're about to cross the goal line. They have given the information out. They've said 'in a few days'...I think they've given a deadline and a date that they want these initiative and these reforms to pass. #2 just as important is the process. They're gonna need the people to go into the bank and exchange their money...that is definitely something that is going to have to happen to make this a success. The way they're educating the people and telling the people through articles it's very clear to me that we're about to cross that line...it definitely is about to unfold.
10-20-2020 Intel Guru MarkZ [via PDK] I don’t even know where to start..things are so crazy. I am still hearing it is before the election. I am being told that all countries expect to be on the new digital monetary system before Oct. 31st...for the most part they have tightened up on any leaks. It’s really hard to get any other news out of the banking centers. I take this as a positive note.
10-20-2020 Newshound Guru Breitling ...when the dinar revalues I'm not gonna stick around...me getting out of the Iraqi dinar when it revalues has nothing to do with my confidence in how far the dinar will go...the reason I have so much confidence in Iraq because I understand the global money system. I understand how it works...
10-20-2020 Intel Guru Frank26 ...they have been educating the citizens since November of last year. November, December, January, February, March, April, May, June July, August, September, October and we have the proof...month after month after month from the coins, from the new small category notes...that drumbeat has not changed...
10-20-2020 Newshound/Intel Guru Petra ...it's very clear what the future holds for Iraq. It can't be any clearer. There is definitely a path, a strategy, a process and now an execution of the process is occurring right in front of us. I'm very encouraged with what I've read...what's very telling to me is not just what's going on in Iraq but look what Kazemi is doing right now. He's on a war path right now going through Europe. He's going to Paris and Berlin and the UK and it's all about internationalism...clearly signing deals and making things happen for the growth of his country...I'm very encouraged...
10-20-2020 Newshound/Intel Guru Mnt Goat ...what is going on these past couple days...To begin with parliament entertained the CBI and they talked about the so-called “White Paper”. Our friend Dr. Shabbi was present and gave a speech about FOATING the dinar...my important point in recent news is that they are actually seriously discussing putting the dinar on a FLOAT. Folks do you know just how good this news is?...I believe they are really going to do it this time... this comes in perfect timing for a January 2021 reinstatement. But...can they even wait that long since they are scrambling now to find solution on how they can meet the October dues and salaries to the citizens. ...Remember the only had secured these dues until September and we are past that already. I know...they always seem to find a solution at the last minute...But I got to tell you this time there is so much positive discussion about doing the float...
10-20-2020 Intel Guru Frank26 I've always looked at Saturday and a Sunday... we've adjusted that. We moved it to a Sunday to a Monday...the reason why is because if they do this to the citizens on a Sunday they will rush into the banks in Iraq because the banks are open and they will celebrate and do their thing. Will you be able to do that? No. Not until the next day. Sunday would be their celebration...Monday you can go to the bank...we've adjusted our thinking that when and if and whenever this happens we're looking more for Sunday to Monday kind of a thing...
10-20-2020 Newshound/Intel Guru Petra ...The evidence that they're telling the Iraq people is important because they need to get them into the banks...Iraq is ready to reintroduce themselves...I do believe we are at a point where we're about to cross the goal line. They have given the information out. They've said 'in a few days'...I think they've given a deadline and a date that they want these initiative and these reforms to pass. #2 just as important is the process. They're gonna need the people to go into the bank and exchange their money...that is definitely something that is going to have to happen to make this a success. The way they're educating the people and telling the people through articles it's very clear to me that we're about to cross that line...it definitely is about to unfold.
10-20-2020 Intel Guru MarkZ [via PDK] I don’t even know where to start..things are so crazy. I am still hearing it is before the election. I am being told that all countries expect to be on the new digital monetary system before Oct. 31st...for the most part they have tightened up on any leaks. It’s really hard to get any other news out of the banking centers. I take this as a positive note.
10-20-2020 Newshound Guru Breitling ...when the dinar revalues I'm not gonna stick around...me getting out of the Iraqi dinar when it revalues has nothing to do with my confidence in how far the dinar will go...the reason I have so much confidence in Iraq because I understand the global money system. I understand how it works...
10-20-2020 Intel Guru Frank26 ...they have been educating the citizens since November of last year. November, December, January, February, March, April, May, June July, August, September, October and we have the proof...month after month after month from the coins, from the new small category notes...that drumbeat has not changed...
10-20-2020 Newshound/Intel Guru Petra ...it's very clear what the future holds for Iraq. It can't be any clearer. There is definitely a path, a strategy, a process and now an execution of the process is occurring right in front of us. I'm very encouraged with what I've read...what's very telling to me is not just what's going on in Iraq but look what Kazemi is doing right now. He's on a war path right now going through Europe. He's going to Paris and Berlin and the UK and it's all about internationalism...clearly signing deals and making things happen for the growth of his country...I'm very encouraged...
10-20-2020 Newshound/Intel Guru Mnt Goat ...what is going on these past couple days...To begin with parliament entertained the CBI and they talked about the so-called “White Paper”. Our friend Dr. Shabbi was present and gave a speech about FOATING the dinar...my important point in recent news is that they are actually seriously discussing putting the dinar on a FLOAT. Folks do you know just how good this news is?...I believe they are really going to do it this time... this comes in perfect timing for a January 2021 reinstatement. But...can they even wait that long since they are scrambling now to find solution on how they can meet the October dues and salaries to the citizens. ...Remember the only had secured these dues until September and we are past that already. I know...they always seem to find a solution at the last minute...But I got to tell you this time there is so much positive discussion about doing the float...
10-19-2020 Intel Guru RAYRen98 WE NOW KNOW PEOPLE WHO HAVE EXCHANGED SO WE KNOW FOLKS ON BOTH SIDES OF THE EQUATION - THOSE GIVING AND THOSE RECEIVING...I AM JUST TELLING YOU THAT WE KNOW SOME ONE PERSONALLY WHO HAS RECEIVED FUNDS...
10-19-2020 Newshound Guru Pimpy Article: "Indicators of the dollar war against the Iraqi dinar...The "latent" foreign currency reserve is a good number" I don't know you guys, man they're kind of skirting the edges here on what looks like an announcement of some type of rate change. Now don't quote me to this but they seem to be skirting that border there very carefully...I can understand why people are kind of bouncing around...I don't want to give people false hope. Don't get overly excited...but I do find it very interesting that these so called rumors are being leaked out by parliament. Very very interesting...until there is an official announcement from the central bank just assume all this is just rumors for now...it's exciting...
10-19-2020 Intel Guru MarkZ ...Most of my banking centers have been very, very quiet…especially IRAQ. I cannot get anything from there. I have reached out to many contacts with no response. I am hoping and praying that is a positive thing. The article in Iraq parliament was supposed to be voted on Saturday in a closed session and I cannot find out what happened…They are dead silent in the sandbox.
10-19-2020 Newshound Guru Jeff ...we're still in a very good position right now...right now we're on a week to week status with this investment. There's a very good chance that the rate change is going to catch us by surprise very simply because the level of news coming out...
10-19-2020 Newshound Guru Pimpy Article: "A director in the central bank sets his forecast for the dollar exchange rate within days and reveals a forthcoming measure" ...the last week or so there's no doubt there's been a lot of chatter. A lot of talks about the exchange rate. It's exciting. Sometimes it's good news. Sometimes it doesn't look like good news...what we want to see is action. Until they make some type of official announcement on the rate change just take everything with a grain of salt... This [article] gives the appearance that they're getting ready to make the rate change...I don't want us to get overly excited until the bank has made an official announcement. Right now they're just saying this is just talk...
10-19-2020 Newshound Guru Kaperoni Iraq central is in a catch 22 of sorts due to corruption and lack of revenue from the financial. Because they use the currency auctions as a means to maintain exchange rate stability as well as provide dollars for Imports, they cannot keep supplying the dollars...without depleting reserves. With no auction the spread/exchange rate collapes. This really messes with monetary policy and requirements of the IMF. Iraq needs to take action within parliament to stop corruption and at the same time make progress towards reforms.
10-19-2020 Intel Guru RayRen98 WAITAMINUTE - DIDN'T KUWAIT DENY REVALUING THEIR CURRENCY...AND THEN REVALUED IT? [They sure did Ray...had some friends who missed out because they said they weren't and did. They had already turned in their currency when it revalued by less than 1 week.]
10-19-2020 Newshound Guru Pimpy Article: "Indicators of the dollar war against the Iraqi dinar...The "latent" foreign currency reserve is a good number" I don't know you guys, man they're kind of skirting the edges here on what looks like an announcement of some type of rate change. Now don't quote me to this but they seem to be skirting that border there very carefully...I can understand why people are kind of bouncing around...I don't want to give people false hope. Don't get overly excited...but I do find it very interesting that these so called rumors are being leaked out by parliament. Very very interesting...until there is an official announcement from the central bank just assume all this is just rumors for now...it's exciting...
10-19-2020 Intel Guru MarkZ ...Most of my banking centers have been very, very quiet…especially IRAQ. I cannot get anything from there. I have reached out to many contacts with no response. I am hoping and praying that is a positive thing. The article in Iraq parliament was supposed to be voted on Saturday in a closed session and I cannot find out what happened…They are dead silent in the sandbox.
10-19-2020 Newshound Guru Jeff ...we're still in a very good position right now...right now we're on a week to week status with this investment. There's a very good chance that the rate change is going to catch us by surprise very simply because the level of news coming out...
10-19-2020 Newshound Guru Pimpy Article: "A director in the central bank sets his forecast for the dollar exchange rate within days and reveals a forthcoming measure" ...the last week or so there's no doubt there's been a lot of chatter. A lot of talks about the exchange rate. It's exciting. Sometimes it's good news. Sometimes it doesn't look like good news...what we want to see is action. Until they make some type of official announcement on the rate change just take everything with a grain of salt... This [article] gives the appearance that they're getting ready to make the rate change...I don't want us to get overly excited until the bank has made an official announcement. Right now they're just saying this is just talk...
10-19-2020 Newshound Guru Kaperoni Iraq central is in a catch 22 of sorts due to corruption and lack of revenue from the financial. Because they use the currency auctions as a means to maintain exchange rate stability as well as provide dollars for Imports, they cannot keep supplying the dollars...without depleting reserves. With no auction the spread/exchange rate collapes. This really messes with monetary policy and requirements of the IMF. Iraq needs to take action within parliament to stop corruption and at the same time make progress towards reforms.
10-19-2020 Intel Guru RayRen98 WAITAMINUTE - DIDN'T KUWAIT DENY REVALUING THEIR CURRENCY...AND THEN REVALUED IT? [They sure did Ray...had some friends who missed out because they said they weren't and did. They had already turned in their currency when it revalued by less than 1 week.]
10-18-2020 Intel Guru Frank26 ...deep in my heart I've always felt that the day we see the HCL within breaths away you will see the new exchange rate...
10-18-2020 Newshound Guru Pimpy ...I cannot tell you why there is so much movement between governments that involve the purchasing of Iraqi dinar. We don't know why but what I can tell you is when I tell you that governments are buying Iraqi dinar they are buy BUYING Iraqi dinar! ...There's a lot of countries that are buying it for some reason. There's rumors that it's going to be the "poor man's" reserve dollar... there's no real "where are we?" It's kind of really up in the air. But IMO it can't stay this low in value. It's impossible. It just can't function this way.
10-18-2020 Intel Guru RayRen98 SATURDAY - BANKERS AND TREASURY HAD ANOTHER "POW WOW" THIS MORNING ... ♪♫•*¨IT'S GETTIN' HOT IN HERE...!!!¨•*♫♪ AFTER WAITING FOR US ALL DAY, BANKERS WENT HOME TODAY DISAPPOINTED...THAT THEY HAVE TO RETURN EARLY IN THE MORNING...GEE, I WONDER WHY? BANK EXCHANGE "CALL CENTER" EMPLOYEES ARE BOTHERED THEY HAD TO WORK TODAY...AND TOMORROW 2. WE'RE GETTING REPORTS THAT BANKING EMPLOYEES ARE BOTHERED ABOUT BEING SHORT-HANDED AND DEALING WITH THOSE WHO ARE NOT COMPLETELY TRAINED. IT IS BELIEVED THAT SOME BANKS (IF NOT ALL) WILL HAVE A "RANGE" OF RATES FOR THE CUSTOMER BASED ON FUTURE COMMITMENTS WITH BANK PRODUCTS AND SERVICING.
10-18-2020 Intel Guru Frank26 ...for the international world of investors for them to see this oil and gas company and the white papers introduced to parliament all in one day it will launch the economic reform in Iraq along with the monetary reform because they will be doing something with that soon and it will also allow them to have the HCL enacted so they can get their percentage rights from the oil and minerals in the ground. I'm excited can't you tell?
10-18-2020 Newshound Guru Pimpy ...I want to show you guys something because it's very important because even in Iraq they're talking about it now...there is a ton of concern about who wins our election... Article: "In Iraq...3 files await the outcome of the U.S. Elections" ...Biden is going to continue Obama's policies...when is the last time we saw a terrorist attack in the United States or even anywhere around the world? How many times has that happened under Trump? Let that sink in for a second...I just wanted to share this news because there is concern. There's a lot of people that really do want Trump to win. They do not want all the terrorist attacks to start up again all around the world...
10-18-2020 Newshound/Intel Guru Mnt Goat Ok so the status of the reinstatement has not changed. We are still waiting for articles to come out to verify earlier news that they are now re-educating the citizens in the newer denominations and coins. It is hard to trust sources even in Iraq as they are lying to us now. So we must verify and double check. Let’s all be patient and see how this plays out. It is mid-October and so we have to see something soon.
10-18-2020 Newshound Guru Pimpy ...I cannot tell you why there is so much movement between governments that involve the purchasing of Iraqi dinar. We don't know why but what I can tell you is when I tell you that governments are buying Iraqi dinar they are buy BUYING Iraqi dinar! ...There's a lot of countries that are buying it for some reason. There's rumors that it's going to be the "poor man's" reserve dollar... there's no real "where are we?" It's kind of really up in the air. But IMO it can't stay this low in value. It's impossible. It just can't function this way.
10-18-2020 Intel Guru RayRen98 SATURDAY - BANKERS AND TREASURY HAD ANOTHER "POW WOW" THIS MORNING ... ♪♫•*¨IT'S GETTIN' HOT IN HERE...!!!¨•*♫♪ AFTER WAITING FOR US ALL DAY, BANKERS WENT HOME TODAY DISAPPOINTED...THAT THEY HAVE TO RETURN EARLY IN THE MORNING...GEE, I WONDER WHY? BANK EXCHANGE "CALL CENTER" EMPLOYEES ARE BOTHERED THEY HAD TO WORK TODAY...AND TOMORROW 2. WE'RE GETTING REPORTS THAT BANKING EMPLOYEES ARE BOTHERED ABOUT BEING SHORT-HANDED AND DEALING WITH THOSE WHO ARE NOT COMPLETELY TRAINED. IT IS BELIEVED THAT SOME BANKS (IF NOT ALL) WILL HAVE A "RANGE" OF RATES FOR THE CUSTOMER BASED ON FUTURE COMMITMENTS WITH BANK PRODUCTS AND SERVICING.
10-18-2020 Intel Guru Frank26 ...for the international world of investors for them to see this oil and gas company and the white papers introduced to parliament all in one day it will launch the economic reform in Iraq along with the monetary reform because they will be doing something with that soon and it will also allow them to have the HCL enacted so they can get their percentage rights from the oil and minerals in the ground. I'm excited can't you tell?
10-18-2020 Newshound Guru Pimpy ...I want to show you guys something because it's very important because even in Iraq they're talking about it now...there is a ton of concern about who wins our election... Article: "In Iraq...3 files await the outcome of the U.S. Elections" ...Biden is going to continue Obama's policies...when is the last time we saw a terrorist attack in the United States or even anywhere around the world? How many times has that happened under Trump? Let that sink in for a second...I just wanted to share this news because there is concern. There's a lot of people that really do want Trump to win. They do not want all the terrorist attacks to start up again all around the world...
10-18-2020 Newshound/Intel Guru Mnt Goat Ok so the status of the reinstatement has not changed. We are still waiting for articles to come out to verify earlier news that they are now re-educating the citizens in the newer denominations and coins. It is hard to trust sources even in Iraq as they are lying to us now. So we must verify and double check. Let’s all be patient and see how this plays out. It is mid-October and so we have to see something soon.
10-17-2020 Intel Guru Frank26 Not only are the citizens soon to have more purchasing power added to their currency but now the citizens will reap the benefit of the country's Oil and Gas revenues...they got their percentage of the oil rights as citizens of Iraq from the HCL. Not only are you going to have a raise in your purchasing power of your currency but you're also going to be getting every month a little something extra too...you're going to become a financial hub in the Middle East...this is Kazemi's and Trumps' work materializing in front of us...
10-17-2020 Newshound Guru Kaperoni Shabibi maintained IMF compliance (2% stability) from late 2011 throughout 2012 prior to announcing his intentions. Currently, under the new governor the spread is now close to 5%. Meeting exchange rate stability is a prerequisite to acceptance into IMF Article VIII. As we have stated before, once in compliance (2% or less) they must maintain it for at least 90 days. Ali al-Alaq maintained stability and the 2% compliance as well for 16 to 18 months and never made the move to Article VIII. Which I assume is part of the reason why he was replaced recently.
10-17-2020 Intel Guru Bruce [via WiserNow] ...things are starting to get very quiet – there are sources that we use to speak to that are under gag orders – there are some that are under non disclosure agreement - it is getting a little tougher to get the type and amount of intel that we had in the past - that in of itself is a good sign...
10-17-2020 Guest Guru StephenMac63 It is, for this reason, I do not see 1 IQD be 1 USD on Forex. I expect more. Yes, it will fluctuate at some point but everyone has to decide how long they want to be in it for. Liberal Hedge Fund firms will take a chance on getting involved with something speculative in hopes of striking it rich. Conservative firms will generally stick with a tried and true process, but they don't make as much, per se. My guess, with the number of people that hold the IQD at this moment, 80+/- percent will exchange at a dollar (if it's even available at that upon entering the International arena)...and it wont take two weeks, probably more like 1 week. OK, more like 4 days max. The other 20 percent will probably exchange a note, set themselves up, pay off bills and start their plan while they wait and watch...just a guess...Imo, of course. [post 3 of 3]
10-17-2020 Guest Guru StephenMac63 Once it's International and if it came out at 1 to 1, Forex would get a hold of this, and the currency market would be in a flurry. The only reason Forex would get a hold of it is because it would be international. With that labeling comes Laws, that offers protection to both Iraq and to International investors. As an International Investor, you would want International protection... and this is offered with the laws. What kind of International Investor would purchase large amounts of IQD once it's International? Hedge Fund Firms...if they see that the IQD is at 1 USD and comes with legal protection, you can bet they would try and buy every single IQD possible because once it hit $4 per IQD (speculative), they would have made 3 dollars profit on a 1 dollar investment. [post 2 of 3....stay tuned]
10-17-2020 Guest Guru StephenMac63 If they RI at 1 to 1...the iqd is already in use inside of the country, what they are looking for is a better value than 1190 it's sitting at now. CBI said the value will be 1 QD will equal 1 USD. That's for the inside of the country. The Reinstatement...thats for Iraq to have bragging rights to the world. This will be seen on Forex, CBI website, and at your local bank. If Iraq was reintroduced to the world at a rate of 1 USD per 1 IQD, what would happen? Yes, many of the Dinarians will jump off the train and head-on with their lives. CBI is expecting that in any case. But more importantly, there were several laws that were put into place...and this allowed them to be International...of which has more value than being under sanctions, therefore, it's highly probable that we won't ever see 1 to 1. Iraq will always see, in-country, that 1 USD is 1 IQD. But it's the value that counts. [post 1 of 3....stay tuned]
10-17-2020 Intel Guru Frank26 ...who controls the oil and the gas sales in Iraq? Well now it's a partnership...it was established because of what Kazemi did that he was told to do by Donald Trump. And that's just gas and oil. Wait till you hear the rest of the minerals...this will stop all the corruption in the oil industry of Iraq...Isn't that wonderful. Let me see, 'Kazemi go back home and get rid of Iranian influence before you raise the value of your currency...' That's why you wanted the HCL...because it requires a new rate. This will stop all corruption in the oil and gas industry of Iraq and Iran you lose.
10-17-2020 Newshound Guru MilitiaMan Article: "The government intends to apply income tax to salaries and allowances, starting from the current month" ...there are many things showing up that equate to more pressure. This would be one of them...Putting taxes on them without Purchasing Power? That will not fly...imo!
10-17-2020 Newshound Guru Kaperoni Shabibi maintained IMF compliance (2% stability) from late 2011 throughout 2012 prior to announcing his intentions. Currently, under the new governor the spread is now close to 5%. Meeting exchange rate stability is a prerequisite to acceptance into IMF Article VIII. As we have stated before, once in compliance (2% or less) they must maintain it for at least 90 days. Ali al-Alaq maintained stability and the 2% compliance as well for 16 to 18 months and never made the move to Article VIII. Which I assume is part of the reason why he was replaced recently.
10-17-2020 Intel Guru Bruce [via WiserNow] ...things are starting to get very quiet – there are sources that we use to speak to that are under gag orders – there are some that are under non disclosure agreement - it is getting a little tougher to get the type and amount of intel that we had in the past - that in of itself is a good sign...
10-17-2020 Guest Guru StephenMac63 It is, for this reason, I do not see 1 IQD be 1 USD on Forex. I expect more. Yes, it will fluctuate at some point but everyone has to decide how long they want to be in it for. Liberal Hedge Fund firms will take a chance on getting involved with something speculative in hopes of striking it rich. Conservative firms will generally stick with a tried and true process, but they don't make as much, per se. My guess, with the number of people that hold the IQD at this moment, 80+/- percent will exchange at a dollar (if it's even available at that upon entering the International arena)...and it wont take two weeks, probably more like 1 week. OK, more like 4 days max. The other 20 percent will probably exchange a note, set themselves up, pay off bills and start their plan while they wait and watch...just a guess...Imo, of course. [post 3 of 3]
10-17-2020 Guest Guru StephenMac63 Once it's International and if it came out at 1 to 1, Forex would get a hold of this, and the currency market would be in a flurry. The only reason Forex would get a hold of it is because it would be international. With that labeling comes Laws, that offers protection to both Iraq and to International investors. As an International Investor, you would want International protection... and this is offered with the laws. What kind of International Investor would purchase large amounts of IQD once it's International? Hedge Fund Firms...if they see that the IQD is at 1 USD and comes with legal protection, you can bet they would try and buy every single IQD possible because once it hit $4 per IQD (speculative), they would have made 3 dollars profit on a 1 dollar investment. [post 2 of 3....stay tuned]
10-17-2020 Guest Guru StephenMac63 If they RI at 1 to 1...the iqd is already in use inside of the country, what they are looking for is a better value than 1190 it's sitting at now. CBI said the value will be 1 QD will equal 1 USD. That's for the inside of the country. The Reinstatement...thats for Iraq to have bragging rights to the world. This will be seen on Forex, CBI website, and at your local bank. If Iraq was reintroduced to the world at a rate of 1 USD per 1 IQD, what would happen? Yes, many of the Dinarians will jump off the train and head-on with their lives. CBI is expecting that in any case. But more importantly, there were several laws that were put into place...and this allowed them to be International...of which has more value than being under sanctions, therefore, it's highly probable that we won't ever see 1 to 1. Iraq will always see, in-country, that 1 USD is 1 IQD. But it's the value that counts. [post 1 of 3....stay tuned]
10-17-2020 Intel Guru Frank26 ...who controls the oil and the gas sales in Iraq? Well now it's a partnership...it was established because of what Kazemi did that he was told to do by Donald Trump. And that's just gas and oil. Wait till you hear the rest of the minerals...this will stop all the corruption in the oil industry of Iraq...Isn't that wonderful. Let me see, 'Kazemi go back home and get rid of Iranian influence before you raise the value of your currency...' That's why you wanted the HCL...because it requires a new rate. This will stop all corruption in the oil and gas industry of Iraq and Iran you lose.
10-17-2020 Newshound Guru MilitiaMan Article: "The government intends to apply income tax to salaries and allowances, starting from the current month" ...there are many things showing up that equate to more pressure. This would be one of them...Putting taxes on them without Purchasing Power? That will not fly...imo!
10-16-2020 Intel Guru Bruce [via WiserNow] ...we should see something in the beginning or middle of next week – for us – this is the latest and most accurate information that we received today...I told you...that we were to start and go through the end of October – I still believe that will be the case for us... Realistically this is a process that we’re in the middle of...
10-16-2020 Newshound Guru Pimpy ...there's more exchange rate talk. But it's just conversation for now...they didn't say this is being implemented. Again this is a discussion...
10-16-2020 Intel Guru Frank26 The HCL - It's a law of the National Oil Company. It has 4 major laws in it...the last line item law that they have been working on to complete at least for 17 years...It's the biggest law in contention - basically asking, Who controls the oil and gas in Iraq? Who distributes the profits that belong to the citizens?...who's in charge of doing this? Now what happened [Tuesday]...this is to remove any distinction between Kurdistan and Baghdad. The question of who is going to control the oil and gas revenues coming into Iraq is now established...it's going to give birth to the Hydrocarbon Law...that is huge. That is tremendously important in order for them to give a date and the rate.
10-16-2020 Newshound Guru MilitiaMan Article: "Central Bank Governor: We Have Started Implementing The Banking Sector Reform Plan" Article Quote: "He cautioned that "reducing the value of the dinar will create real competition and activate the industrial and agricultural sectors in Iraq." The Prime Minister spoke about competition. The Finance Minister spoke about competition. Now the CBI Governor is speaking about competition. Competition is a key component of a market economy. Looks like the Central Bank of Iraq has had the ear to the IMF. The reform paper terms are initiated now.. The terms or basis has to be applied when international. That is all about what is expected next as in what is to follow.. Yep, that is implementation of the basis.. Read rate or value.. Either works for me.
10-16-2020 Intel Guru MarkZ [via PDK] ...Iraq contacts are still very confident we will see some kind of vote over the weekend that allow us to move forward with a new value…I hope they are right... Noone knows the exact timing so just hang on and moderate your expectations.
10-16-2020 Intel Guru Frank26 ...I bought my dinars in 2004 so that's 16 almost going on 17 years now and I remember way way way back then somebody said to me 'Frank the day that you see the HCL for the citizens of Iraq in the next breath you will see the new exchange rate'...17 years has gone by and [Tuesday] my teams finally saw the HCL...What did I say IMO was inside of the 'white papers'? The rate - How much they're going to value it when they lift the 3 zeros form their exchange rate and the date of when they're going to announce this to the citizens of Iraq. What else did I say the white papers contained? The HCL. Wow...no wonder those white papers make sense...
10-16-2020 Newshound Guru Kaperoni I can factually say that in 2013 Iraq was about to float the Iraqi dinar. There was directives from the IMF, Shabibi announced he was about to begin reforms after 14 months of stability and I was present at a market maker's facility where a trading platform was constructed. All in support of floating the dinar as stated in the IMF Article IV Consultation. This is the process and this is how monetary policy works. After many years and corruption and lack of success, Iraq needs to implement economic reforms and get back to this process.
10-16-2020 Newshound Guru MilitiaMan ...When they say "reducing the value of the Dinar", they mean the reduction of the three zeros from the exchange rate. They are not going to be devaluing the currency. By "reducing the zeros from the exchange rate" (raise the value) allows them to go into the or a market economy where the real competition is. It will activate the industrial and agricultural sectors when doing so. imo...This supports they are at that final stage to set that gem in place. ...It is the FINAL REPORT and they are now to have or have presented the necessary legislation to proceed with implementation procedures. This is very good indeed! I suspect they have every intention now with all the work done and sorted accordingly, we are in a very good place to see the golden ring. ~ imo.
10-16-2020 Newshound Guru Pimpy ...there's more exchange rate talk. But it's just conversation for now...they didn't say this is being implemented. Again this is a discussion...
10-16-2020 Intel Guru Frank26 The HCL - It's a law of the National Oil Company. It has 4 major laws in it...the last line item law that they have been working on to complete at least for 17 years...It's the biggest law in contention - basically asking, Who controls the oil and gas in Iraq? Who distributes the profits that belong to the citizens?...who's in charge of doing this? Now what happened [Tuesday]...this is to remove any distinction between Kurdistan and Baghdad. The question of who is going to control the oil and gas revenues coming into Iraq is now established...it's going to give birth to the Hydrocarbon Law...that is huge. That is tremendously important in order for them to give a date and the rate.
10-16-2020 Newshound Guru MilitiaMan Article: "Central Bank Governor: We Have Started Implementing The Banking Sector Reform Plan" Article Quote: "He cautioned that "reducing the value of the dinar will create real competition and activate the industrial and agricultural sectors in Iraq." The Prime Minister spoke about competition. The Finance Minister spoke about competition. Now the CBI Governor is speaking about competition. Competition is a key component of a market economy. Looks like the Central Bank of Iraq has had the ear to the IMF. The reform paper terms are initiated now.. The terms or basis has to be applied when international. That is all about what is expected next as in what is to follow.. Yep, that is implementation of the basis.. Read rate or value.. Either works for me.
10-16-2020 Intel Guru MarkZ [via PDK] ...Iraq contacts are still very confident we will see some kind of vote over the weekend that allow us to move forward with a new value…I hope they are right... Noone knows the exact timing so just hang on and moderate your expectations.
10-16-2020 Intel Guru Frank26 ...I bought my dinars in 2004 so that's 16 almost going on 17 years now and I remember way way way back then somebody said to me 'Frank the day that you see the HCL for the citizens of Iraq in the next breath you will see the new exchange rate'...17 years has gone by and [Tuesday] my teams finally saw the HCL...What did I say IMO was inside of the 'white papers'? The rate - How much they're going to value it when they lift the 3 zeros form their exchange rate and the date of when they're going to announce this to the citizens of Iraq. What else did I say the white papers contained? The HCL. Wow...no wonder those white papers make sense...
10-16-2020 Newshound Guru Kaperoni I can factually say that in 2013 Iraq was about to float the Iraqi dinar. There was directives from the IMF, Shabibi announced he was about to begin reforms after 14 months of stability and I was present at a market maker's facility where a trading platform was constructed. All in support of floating the dinar as stated in the IMF Article IV Consultation. This is the process and this is how monetary policy works. After many years and corruption and lack of success, Iraq needs to implement economic reforms and get back to this process.
10-16-2020 Newshound Guru MilitiaMan ...When they say "reducing the value of the Dinar", they mean the reduction of the three zeros from the exchange rate. They are not going to be devaluing the currency. By "reducing the zeros from the exchange rate" (raise the value) allows them to go into the or a market economy where the real competition is. It will activate the industrial and agricultural sectors when doing so. imo...This supports they are at that final stage to set that gem in place. ...It is the FINAL REPORT and they are now to have or have presented the necessary legislation to proceed with implementation procedures. This is very good indeed! I suspect they have every intention now with all the work done and sorted accordingly, we are in a very good place to see the golden ring. ~ imo.
10-15-2020 Newshound Guru Pimpy ...there is a lot going on in Iraq and some of the announcement that I told you would be coming this week seems to be coming out now. Which is good...they're happening at neck break speed. It's crazy...
10-15-2020 Intel Guru MarkZ I am seeing a lot of disclosure so feeling good that we well may see it in October. Nobody really knows the exact date. I believe we have an excellent chance of seeing it after this weekend.
10-15-2020 Newshound Guru Adam Montana Article: "There is no alternative for Kurdistan but an agreement with Baghdad" - and that is 100% truth. This boils all the way into the HCL (Hydro Carbon Law) which is a necessary component for the RV. One of the most common questions on the HCL is whether or not it needs/must be done before the RV. The answer is...it must happen really really close to the same time. Either immediately (minutes/hours, not days or weeks) before, during, or after. Minutes or hours...not days or weeks. That is key. The HCL is, in layman's terms, a profit sharing agreement between the Kurds and Baghdad - two major portions of Iraq. Without a profit sharing agreement, they won't raise the value. ...Go HCL - Go Dinar - GO RRRVVV!!!
[post 2 of 2]
10-15-2020 Newshound Guru Adam Montana ...Parliament is in session, although with the exception of this mention of "White Papers" it would appear that nothing spectacular is happening. I'm not reading anything into the "White Papers"...They aren't going to announce "hi we plan to raise the rate next week lolz" - that's just not the way this works. They would lose the chance to capitalize on the RV, and they simply aren't going to do that. So, what IS encouraging?... [post 1 of 2....stay tuned]
10-15-2020 Intel Guru MarkZ [via PDK] [What are the white papers?] They are the economic reforms/monetary reforms in Iraq. Part of them passed on Tuesday…other articles have passed throughout the week. I am told the article we need is to be voted on is this Saturday. I was told clearly from people on the ground over there that there is not a rate yet and are looking for that in the Saturday vote.
10-15-2020 Newshound Guru Jeff ...the reforms made it to parliament yesterday. But they still have not told you when they're gonna start the approval. And now Article 140 again. All of these are post rate change. They cannot start the approval process until the rate has changed...everything is waiting on the rate change...getting better by the day...
10-15-2020 Intel Guru Frank26 ...the atmosphere in Iraq is thick with the monetary reform success...With the white papers that contain the new exchange rate, the date when they want to announce it. That's why parliament is going to see it...
10-15-2020 Intel Guru Footforward Article: "Iraq proposes New Jointly Managed Oil Company for Kurdistan" The joint oil company is a VERY big deal...Baghdad and the Kurds have to work together. The Kurds have the majority of the wealth. So without them working together there is no rv.
10-15-2020 Intel Guru Bruce [via WiserNow] We know that from Iraq’s point of view they had some White Papers that were to be delivered...to the parliament with the rate of the Iraqi dinar in that paper work... So when we look at what is occurring – and where we are – we believe we are getting down to it...we understand is the President wanted this to go 6 weeks before the election...There’s definitely a “Hush” out there...more and more people are under NDA’s and are also under GAG Order...everything is good – everything is ready...everybody is in a situation right now of expectation for this to come through – don’t know what day – of course we’re hearing “this is our week”...don’t worry about the rates – they will be great...
10-15-2020 Intel Guru MarkZ I am seeing a lot of disclosure so feeling good that we well may see it in October. Nobody really knows the exact date. I believe we have an excellent chance of seeing it after this weekend.
10-15-2020 Newshound Guru Adam Montana Article: "There is no alternative for Kurdistan but an agreement with Baghdad" - and that is 100% truth. This boils all the way into the HCL (Hydro Carbon Law) which is a necessary component for the RV. One of the most common questions on the HCL is whether or not it needs/must be done before the RV. The answer is...it must happen really really close to the same time. Either immediately (minutes/hours, not days or weeks) before, during, or after. Minutes or hours...not days or weeks. That is key. The HCL is, in layman's terms, a profit sharing agreement between the Kurds and Baghdad - two major portions of Iraq. Without a profit sharing agreement, they won't raise the value. ...Go HCL - Go Dinar - GO RRRVVV!!!
[post 2 of 2]
10-15-2020 Newshound Guru Adam Montana ...Parliament is in session, although with the exception of this mention of "White Papers" it would appear that nothing spectacular is happening. I'm not reading anything into the "White Papers"...They aren't going to announce "hi we plan to raise the rate next week lolz" - that's just not the way this works. They would lose the chance to capitalize on the RV, and they simply aren't going to do that. So, what IS encouraging?... [post 1 of 2....stay tuned]
10-15-2020 Intel Guru MarkZ [via PDK] [What are the white papers?] They are the economic reforms/monetary reforms in Iraq. Part of them passed on Tuesday…other articles have passed throughout the week. I am told the article we need is to be voted on is this Saturday. I was told clearly from people on the ground over there that there is not a rate yet and are looking for that in the Saturday vote.
10-15-2020 Newshound Guru Jeff ...the reforms made it to parliament yesterday. But they still have not told you when they're gonna start the approval. And now Article 140 again. All of these are post rate change. They cannot start the approval process until the rate has changed...everything is waiting on the rate change...getting better by the day...
10-15-2020 Intel Guru Frank26 ...the atmosphere in Iraq is thick with the monetary reform success...With the white papers that contain the new exchange rate, the date when they want to announce it. That's why parliament is going to see it...
10-15-2020 Intel Guru Footforward Article: "Iraq proposes New Jointly Managed Oil Company for Kurdistan" The joint oil company is a VERY big deal...Baghdad and the Kurds have to work together. The Kurds have the majority of the wealth. So without them working together there is no rv.
10-15-2020 Intel Guru Bruce [via WiserNow] We know that from Iraq’s point of view they had some White Papers that were to be delivered...to the parliament with the rate of the Iraqi dinar in that paper work... So when we look at what is occurring – and where we are – we believe we are getting down to it...we understand is the President wanted this to go 6 weeks before the election...There’s definitely a “Hush” out there...more and more people are under NDA’s and are also under GAG Order...everything is good – everything is ready...everybody is in a situation right now of expectation for this to come through – don’t know what day – of course we’re hearing “this is our week”...don’t worry about the rates – they will be great...
10-14-2020 Newshound/Intel Guru Mnt Goat Since in the process the IMF plans to re-peg the dinar to a basket of currencies. In doing this they will reinstate the dinar and put it on a float within the basket. They have to do this. They have no choice if they are to carry out the process to completion once they begin it. At this time a new rate will be assigned according to the basket of currencies. If anyone travels outside of Iraq and needs US, they will exchange 1 dinar using the new rate of the basket for USD. Iraq plans to continue to use dinar inside Iraq not US dollar. So, inside Iraq if the value of the dinar is higher and buys more than why would you want to use the dollar? But the dollar is universal and demand is higher outside of Iraq . So, they must watch for inflation upon this transition period first. [post 2 of 2]
10-14-2020 Newshound/Intel Guru Mnt Goat Article: "PARLIAMENTARY FINANCE EXCLUDES RAISING THE EXCHANGE RATE OF THE DOLLAR IN ORDER TO COMPENSATE FOR OIL LOSSES" ...so this article is telling us the CBI is NOT going to devalue the dinar as raising the value of the dollar against the dinar would do this. This is good news. But now do the revalue the dinar then against the dollar? ...I have told you this many times already that there will NOT be a revaluation of the dinar of any sort in Iraq . Instead they will only transition the dinar to the lower denominations initially keeping the exact same value only having dropped the zeros from the currency. So, a 25,000 dinar note will become the new 25 dinar note. A 25,000 dinar note today is worth about 25 USD on the de facto peg. Thus, the new 25 dinar note would be worth 25 USD but this is no longer on the de facto peg and that is where people get confused. But this is in Iraq only. [post 1 of 2....stay tuned]
10-14-2020 Intel Guru Frank26 [Iraqi citizens] They already told you the rate was going to be 1 to 1 on par with the American dollar. You already know your rate. When is this rate going to be given to these new small category notes...? When you go into the banks and they show you the new small category notes they will also show you the new exchange rate with them...both of them will be showed to you at the same time...it's exciting Iraqi citizens IMO of what's going on in your country. I'm excited for you...this is the next step.
10-14-2020 Intel Guru MarkZ [via PDK] So much is happening…I am hearing the vote on the HCL or article 140 is expected on Saturday in Iraq. Voting on a Saturday for them is unusual. It rarely happens…They are actually going to be in session this weekend as they move forward with their economic reforms. There is a lot to watch... [white papers didn't mention date and a rate.] I am told out of the sandbox that they specifically did not mention it because they are trying to buy a few days for disclosure and plan on voting on that this Saturday. My Iraqi contacts very much believe that we will see the new rate by the end of the weekend...i am still of the mindset that they will get it out in October.
10-14-2020 Intel Guru Footforward [...about Article 140...are they having meetings about gitting it done or did they get it done?] It's my opinion article 140 was passed years ago and implemented about a week ago by the PM. I'd dare to say that article 140 is more important then the white papers. Without article 140 we won't even have need for white papers because the Kurds would leave Iraq. Then there would be no RV.
10-14-2020 Newshound Guru Pimpy ...the reform papers have been submitted for review. Not implementation. They're telling you they need to review it and then prepare a presentation to give to parliament...so now they have the paperwork. They need to review it before they present it to parliament. I have a strange feeling that this presentation might not happen until after the elections. That has nothing to do with whether or not they're going to do anything about the exchange rate...if they wanted to for whatever reason they can change the exchange rate without the white papers or reform papers being implemented ...their number 1 goal right now is to focus on early elections...
10-14-2020 Newshound Guru Jeff ...Article: "In details ... Al-Kazemi's white paper reaches the Iraqi Parliament" Quote: "a parliamentary source said that the government reform paper had reached the Iraqi parliament for a vote." ...the odds are parliament will not be allowed to start the approval process of the reforms until Sunday the 18th at the earliest. Watch their patterns...the reforms you know for a fact are married to the rate change.
10-14-2020 Intel Guru Frank26 [Iraqi citizens]...please go to the banks. I actually thought they were going to tell you this last Thursday. Yeah, to go to the banks. Maybe this week? Maybe next week. But the thing though, Iraqi citizens, you know they are about to call you into the banks. And you know IMO what they are going to show you. You're all excited about it. The monetary reform is at a stage right now where it must succeed with the Iraqi citizens. This is the final step of the monetary reform...citizens they are about to to come into the banks of Iraq. What they are going to do is show you these big blown up picture of the new currency...
10-14-2020 Newshound Guru MilitiaMan We see the White Papers are today issued accordingly. We wait and see the details within them. I'll bet the world is watching...imo They know from all that Iraq has spoken about of late and in DC... Game on! imo.
10-14-2020 Intel Guru Footforward I would exercise some caution over a rate being posted in the Gazette. I can't fathom they would post a real rate in there before the actual RV has happened.
10-14-2020 Newshound/Intel Guru Mnt Goat Article: "PARLIAMENTARY FINANCE EXCLUDES RAISING THE EXCHANGE RATE OF THE DOLLAR IN ORDER TO COMPENSATE FOR OIL LOSSES" ...so this article is telling us the CBI is NOT going to devalue the dinar as raising the value of the dollar against the dinar would do this. This is good news. But now do the revalue the dinar then against the dollar? ...I have told you this many times already that there will NOT be a revaluation of the dinar of any sort in Iraq . Instead they will only transition the dinar to the lower denominations initially keeping the exact same value only having dropped the zeros from the currency. So, a 25,000 dinar note will become the new 25 dinar note. A 25,000 dinar note today is worth about 25 USD on the de facto peg. Thus, the new 25 dinar note would be worth 25 USD but this is no longer on the de facto peg and that is where people get confused. But this is in Iraq only. [post 1 of 2....stay tuned]
10-14-2020 Intel Guru Frank26 [Iraqi citizens] They already told you the rate was going to be 1 to 1 on par with the American dollar. You already know your rate. When is this rate going to be given to these new small category notes...? When you go into the banks and they show you the new small category notes they will also show you the new exchange rate with them...both of them will be showed to you at the same time...it's exciting Iraqi citizens IMO of what's going on in your country. I'm excited for you...this is the next step.
10-14-2020 Intel Guru MarkZ [via PDK] So much is happening…I am hearing the vote on the HCL or article 140 is expected on Saturday in Iraq. Voting on a Saturday for them is unusual. It rarely happens…They are actually going to be in session this weekend as they move forward with their economic reforms. There is a lot to watch... [white papers didn't mention date and a rate.] I am told out of the sandbox that they specifically did not mention it because they are trying to buy a few days for disclosure and plan on voting on that this Saturday. My Iraqi contacts very much believe that we will see the new rate by the end of the weekend...i am still of the mindset that they will get it out in October.
10-14-2020 Intel Guru Footforward [...about Article 140...are they having meetings about gitting it done or did they get it done?] It's my opinion article 140 was passed years ago and implemented about a week ago by the PM. I'd dare to say that article 140 is more important then the white papers. Without article 140 we won't even have need for white papers because the Kurds would leave Iraq. Then there would be no RV.
10-14-2020 Newshound Guru Pimpy ...the reform papers have been submitted for review. Not implementation. They're telling you they need to review it and then prepare a presentation to give to parliament...so now they have the paperwork. They need to review it before they present it to parliament. I have a strange feeling that this presentation might not happen until after the elections. That has nothing to do with whether or not they're going to do anything about the exchange rate...if they wanted to for whatever reason they can change the exchange rate without the white papers or reform papers being implemented ...their number 1 goal right now is to focus on early elections...
10-14-2020 Newshound Guru Jeff ...Article: "In details ... Al-Kazemi's white paper reaches the Iraqi Parliament" Quote: "a parliamentary source said that the government reform paper had reached the Iraqi parliament for a vote." ...the odds are parliament will not be allowed to start the approval process of the reforms until Sunday the 18th at the earliest. Watch their patterns...the reforms you know for a fact are married to the rate change.
10-14-2020 Intel Guru Frank26 [Iraqi citizens]...please go to the banks. I actually thought they were going to tell you this last Thursday. Yeah, to go to the banks. Maybe this week? Maybe next week. But the thing though, Iraqi citizens, you know they are about to call you into the banks. And you know IMO what they are going to show you. You're all excited about it. The monetary reform is at a stage right now where it must succeed with the Iraqi citizens. This is the final step of the monetary reform...citizens they are about to to come into the banks of Iraq. What they are going to do is show you these big blown up picture of the new currency...
10-14-2020 Newshound Guru MilitiaMan We see the White Papers are today issued accordingly. We wait and see the details within them. I'll bet the world is watching...imo They know from all that Iraq has spoken about of late and in DC... Game on! imo.
10-14-2020 Intel Guru Footforward I would exercise some caution over a rate being posted in the Gazette. I can't fathom they would post a real rate in there before the actual RV has happened.
10-13-2020 Newshound/Intel Guru Mnt Goat Not much has changed since last week except that the “white paper” has been finally sent to parliament. It does include reforms with the ending of the currency auctions and the “project to delete the zeros”. So, this is all very good news for us. We have already heard that the re-education process is underway but I am still waiting for confirmation on this with solid proof from articles in the news media. So hold that thought… We may be heading for a January 2021 reinstatement after all.
10-13-2020 Newshound Guru Pimpy I do have a legitimate true insider. I just don't talk about him. You know who he is. I'm not gong to say by name. We talk like 5 times a week...we became really good friends...one of the things I did get permission to talk about because it was mentioned in passing was...you can confirm the [lower denoms] do exist and they are there...we have no date on when these things are going to be released. We have no idea. I could confirm indeed the lower denominations are there...they're real...
10-13-2020 Intel Guru MarkZ [via PDK] [do you think we will RV before the election?] At this point - yes…i think we will RV before the election. Keep in mind this is not just an American event…it involves all the countries of the world.
10-13-2020 Intel Guru Footforward [are you hearing anything about white papers being agreed to?] I believe the white papers outline a plan that's being followed already. I think what they were voting on was the implementation of the financial reform. To me if they have implemented article 140, (which I believe they have) the RV can't be far behind. Article 140 to me is more telling then the white papers. White papers are a plan. Article 140 is evidence the plan is moving forward in my opinion because article 140 is absolutely useless with out an RV. So my long winded answer is yes. But I think this vote was only to vote on what the white paper suggests for financial reform. For some of you who are newer, article 140 is something we have been watching for, for nearly a decade.
10-13-2020 Intel Guru Frank26 & Newshound/Intel Guru Walkingstick ...the flow of information of the monetary reform is already happening...the monetary reform itself, the reinstatement of the Iraqi dinar, all the mathematics, all the laws, everything that is needed in order to introduce, to announce, the new exchange rate, the new small category notes is all in place. In fact it's not only in place it's already functioning...that's why you wonder none of this makes sense...this information is coming out, has been coming out and the information coming out right now is the end and there's no stopping this information to the citizens. There's no stopping it...there's not stopping the information about to come out to the citizens...
10-13-2020 Intel Guru MarkZ [via PDK] All eyes are on Iraq right now…hoping for a vote on the “White papers”. [the white papers have been approved] Then this could be huge for us in the morning. I do not know what that means for the rollout- there is a lot of smoke surrounding it. I am being told there may be a day or 2 delay...It is still expected mid-week though… [I heard the rate was in the Gazette in iraq.] Not yet…the Gazette will be printed on Wed (tomorrow) or Saturday. There is a whole lot of chatter and they expect the rate tomorrow in the Gazette. So cross your fingers and watch it closely.
10-13-2020 Newshound Guru Pimpy ...what does that mean - Raising the dollar against the dinar? ...that would be bad for us. That means they would increase the number of dinars you get against the US dollar. We don't want that. We want them to decrease the number of dinars we get for every US dollar to the point where now they increase the number of dollars you get verses dinar. There was some confusion in here. When they're saying 'raising a dollar against the dinar' that's devaluing the dinar. We don't want that...raising the dinar against the dollar is increasing the value of the dinar and devaluing the value of the dollar...don't get them confused...
10-13-2020 Intel Guru Frank26 ...IMO we are already there. Kinda shocking isn't it? To say something like that...I don't say things lackadaisically. They have a reason. They have a purpose. They also have a lot of time and study behind it. What they're doing is going about the business of giving it to the citizens...
10-13-2020 Intel Guru Footforward Article: "Parliamentary Finance and the Central Bank Governor discuss the "white paper" and foreign reserves" Quote: "the Central Bank foreign currency reserves amount to 52 billion dollars and Iraq will be in danger if it falls to 20 billion." It's amazing they even have 52 billion left. [...real close I believe.] I share that opinion.
10-13-2020 Guest Guru sheila Lot's of articles about White Papers. Good sign. Don't know exactly what they contain. White Paper is big indicator for economic reforms. Budget figures within. Big question is if the budget figures are in billions or trillions. Billions - new rate. Trillions - program rate. No access to content. Just know that White Papers mean good business is about to happen...World will know very soon what they contain. When it goes to Parliament, if White Papers are not released, they certainly will be leaked.
10-13-2020 Newshound Guru Pimpy I do have a legitimate true insider. I just don't talk about him. You know who he is. I'm not gong to say by name. We talk like 5 times a week...we became really good friends...one of the things I did get permission to talk about because it was mentioned in passing was...you can confirm the [lower denoms] do exist and they are there...we have no date on when these things are going to be released. We have no idea. I could confirm indeed the lower denominations are there...they're real...
10-13-2020 Intel Guru MarkZ [via PDK] [do you think we will RV before the election?] At this point - yes…i think we will RV before the election. Keep in mind this is not just an American event…it involves all the countries of the world.
10-13-2020 Intel Guru Footforward [are you hearing anything about white papers being agreed to?] I believe the white papers outline a plan that's being followed already. I think what they were voting on was the implementation of the financial reform. To me if they have implemented article 140, (which I believe they have) the RV can't be far behind. Article 140 to me is more telling then the white papers. White papers are a plan. Article 140 is evidence the plan is moving forward in my opinion because article 140 is absolutely useless with out an RV. So my long winded answer is yes. But I think this vote was only to vote on what the white paper suggests for financial reform. For some of you who are newer, article 140 is something we have been watching for, for nearly a decade.
10-13-2020 Intel Guru Frank26 & Newshound/Intel Guru Walkingstick ...the flow of information of the monetary reform is already happening...the monetary reform itself, the reinstatement of the Iraqi dinar, all the mathematics, all the laws, everything that is needed in order to introduce, to announce, the new exchange rate, the new small category notes is all in place. In fact it's not only in place it's already functioning...that's why you wonder none of this makes sense...this information is coming out, has been coming out and the information coming out right now is the end and there's no stopping this information to the citizens. There's no stopping it...there's not stopping the information about to come out to the citizens...
10-13-2020 Intel Guru MarkZ [via PDK] All eyes are on Iraq right now…hoping for a vote on the “White papers”. [the white papers have been approved] Then this could be huge for us in the morning. I do not know what that means for the rollout- there is a lot of smoke surrounding it. I am being told there may be a day or 2 delay...It is still expected mid-week though… [I heard the rate was in the Gazette in iraq.] Not yet…the Gazette will be printed on Wed (tomorrow) or Saturday. There is a whole lot of chatter and they expect the rate tomorrow in the Gazette. So cross your fingers and watch it closely.
10-13-2020 Newshound Guru Pimpy ...what does that mean - Raising the dollar against the dinar? ...that would be bad for us. That means they would increase the number of dinars you get against the US dollar. We don't want that. We want them to decrease the number of dinars we get for every US dollar to the point where now they increase the number of dollars you get verses dinar. There was some confusion in here. When they're saying 'raising a dollar against the dinar' that's devaluing the dinar. We don't want that...raising the dinar against the dollar is increasing the value of the dinar and devaluing the value of the dollar...don't get them confused...
10-13-2020 Intel Guru Frank26 ...IMO we are already there. Kinda shocking isn't it? To say something like that...I don't say things lackadaisically. They have a reason. They have a purpose. They also have a lot of time and study behind it. What they're doing is going about the business of giving it to the citizens...
10-13-2020 Intel Guru Footforward Article: "Parliamentary Finance and the Central Bank Governor discuss the "white paper" and foreign reserves" Quote: "the Central Bank foreign currency reserves amount to 52 billion dollars and Iraq will be in danger if it falls to 20 billion." It's amazing they even have 52 billion left. [...real close I believe.] I share that opinion.
10-13-2020 Guest Guru sheila Lot's of articles about White Papers. Good sign. Don't know exactly what they contain. White Paper is big indicator for economic reforms. Budget figures within. Big question is if the budget figures are in billions or trillions. Billions - new rate. Trillions - program rate. No access to content. Just know that White Papers mean good business is about to happen...World will know very soon what they contain. When it goes to Parliament, if White Papers are not released, they certainly will be leaked.
10-12-2020 Newshound Guru Breitling It's not going to stop the revaluation it's going to make it quicker...I'm not worried about the value going up. That's easy...for people asking how long can I stay in there...? You don't want to stay in there very long. You want to get out. Let me be very very clear. It's not because I know what's going to happen. I'm getting out because I don't know what's going to happen...I know they have to add value to their currency but when I get out I'll put it into markets where I know there's more of a guarantee of a return...so when we go to exchange, I'm getting out...as soon as it revalues and getting into a different market. That's my opinion.
10-12-2020 Newshound Guru MilitiaMan To enhance the exchange rate (mechanism) will create the environment for the Iraq country to go into the market economy where they can be competitive through secondary markets. ...Did they raise the rate (mechanism) and not tell us yet or did they just within what is in the above and below past tense data? Starting to look that way...imo They have the money to pay all four months without borrowing because they have raised the rate? Lets see what the White Papers have to say... The citizens were shown conceptual notes, did they not on the day they said the first step of reforms began on 10/05/2020? They did...imo! [post 2 of 2]
10-12-2020 Newshound Guru MilitiaMan Article: "In the document ... important figures in the law on financing the fiscal deficit that reached Parliament today" What I find interesting is they speak of 4 months salaries. They haven't paid the salaries for September, yet. That is very interesting, as they told us they would. Why have they not? Well, imo the rate at which they get paid and in an equivalency is in need. They had to make amendments to the budget law. By not paying the last four months, shows they have an intention to pay but, with an amended budget law for 2020. A substitutive. I'll bet the White Papers know full well what the substitute is and they are to be out Tuesday the 13th. It enhances the government revenues to fulfill it's obligations to the citizens. [post 1 of 2....stay tuned]
10-12-2020 Newshound Guru Breitling ...I'm not telling anybody what to do...[What would you do?] I'm getting out. I'm going to exchange [when it revalues] and I'm going to get out...
10-12-2020 Intel Guru MarkZ [via PDK] [Anything new on rates?] still hearing street rates on the dinar are $3.70-$3.80. with contract rates around $8. We did start to see chatter about a $15-$1 rate coming out of Iraq. Guess we will see soon whether that is true or not. Still hearing the same rate on the dong that the contract rate will be the low $2 range…Remember these are all just rumors until we get there.
10-12-2020 Intel Guru MarkZ [via PDK] The vote on the “White papers” is supposed to happen tomorrow in Iraq. It should give us the value once it passes…..so all eyes are on Iraq tomorrow as it appears everyone is now in position to move... it’s going to be an interesting week. So hang on and cross your fingers and say your prayers.
10-12-2020 Intel Guru RayRen98 Even though today is a holiday, some bank exchange locations are being manned...just in case...I guess? The CBI governor and the Finance Minister had a meeting today and agreed to send the White Papers with the economic reforms to Parliament on Tuesday.
10-12-2020 Newshound/Intel Guru Mnt Goat Article: "AL-KAZEMI GOVERNMENT SUCCEEDS IN CONVINCING THE EUROPEAN UNION TO REMOVE IRAQ FROM THE LIST OF HIGH-RISK COUNTRIES IN THE FIELD OF MONEY LAUNDERING" This timing is perfect as they told us mid-October this might be finalized. So, I am told the US is next and may relieve Iraq from OFAC monetary sanctions as a result. Remember it is OFAC Sanctions that is limiting us from exchanging at the banks. Let’s wait and see what happens next.
10-12-2020 Newshound Guru MilitiaMan To enhance the exchange rate (mechanism) will create the environment for the Iraq country to go into the market economy where they can be competitive through secondary markets. ...Did they raise the rate (mechanism) and not tell us yet or did they just within what is in the above and below past tense data? Starting to look that way...imo They have the money to pay all four months without borrowing because they have raised the rate? Lets see what the White Papers have to say... The citizens were shown conceptual notes, did they not on the day they said the first step of reforms began on 10/05/2020? They did...imo! [post 2 of 2]
10-12-2020 Newshound Guru MilitiaMan Article: "In the document ... important figures in the law on financing the fiscal deficit that reached Parliament today" What I find interesting is they speak of 4 months salaries. They haven't paid the salaries for September, yet. That is very interesting, as they told us they would. Why have they not? Well, imo the rate at which they get paid and in an equivalency is in need. They had to make amendments to the budget law. By not paying the last four months, shows they have an intention to pay but, with an amended budget law for 2020. A substitutive. I'll bet the White Papers know full well what the substitute is and they are to be out Tuesday the 13th. It enhances the government revenues to fulfill it's obligations to the citizens. [post 1 of 2....stay tuned]
10-12-2020 Newshound Guru Breitling ...I'm not telling anybody what to do...[What would you do?] I'm getting out. I'm going to exchange [when it revalues] and I'm going to get out...
10-12-2020 Intel Guru MarkZ [via PDK] [Anything new on rates?] still hearing street rates on the dinar are $3.70-$3.80. with contract rates around $8. We did start to see chatter about a $15-$1 rate coming out of Iraq. Guess we will see soon whether that is true or not. Still hearing the same rate on the dong that the contract rate will be the low $2 range…Remember these are all just rumors until we get there.
10-12-2020 Intel Guru MarkZ [via PDK] The vote on the “White papers” is supposed to happen tomorrow in Iraq. It should give us the value once it passes…..so all eyes are on Iraq tomorrow as it appears everyone is now in position to move... it’s going to be an interesting week. So hang on and cross your fingers and say your prayers.
10-12-2020 Intel Guru RayRen98 Even though today is a holiday, some bank exchange locations are being manned...just in case...I guess? The CBI governor and the Finance Minister had a meeting today and agreed to send the White Papers with the economic reforms to Parliament on Tuesday.
10-12-2020 Newshound/Intel Guru Mnt Goat Article: "AL-KAZEMI GOVERNMENT SUCCEEDS IN CONVINCING THE EUROPEAN UNION TO REMOVE IRAQ FROM THE LIST OF HIGH-RISK COUNTRIES IN THE FIELD OF MONEY LAUNDERING" This timing is perfect as they told us mid-October this might be finalized. So, I am told the US is next and may relieve Iraq from OFAC monetary sanctions as a result. Remember it is OFAC Sanctions that is limiting us from exchanging at the banks. Let’s wait and see what happens next.
10-11-2020 Newshound/Intel Guru RVAlready The cabinet reviews the white paper on Tuesday, not parliament, from what I have read. The white paper is not a law. No reason for a vote by parliament. Again, parliament does not get a vote on the white paper. Their finance committee already has reviewed it. Parliament votes on laws and budgets. I do not think parliament is required for the RV...the CBI governor is reviewing the white paper, in preparation for implementation.
10-11-2020 Newshound Guru Pimpy Article: "A new salary scale...an economist leaks out the terms of the 'white paper' " ...I know there's so many rumors going on...I don't want you guys to get too excited with good news. Don't get too bummed out for bad news. We already knew they were going to be talking about the exchange rate. We knew this already. So this article is just saying exactly what we already knew. There's nothing adding to it one way or the other...it is exciting. It's about damn time...hopefully the wait is just about over...
10-11-2020 Newshound/Intel Guru Mnt Goat Article: "THE DEMOCRAT: THE REGION DELIVERED ALL WHAT BAGHDAD REQUESTED AND IS WAITING FOR POSITIVE STEPS TO IMPLEMENT ARTICLE 140" ...Remember to go forward with any reinstatement of the Iraqi currency the main requirement is that the Iraqi constitution must be FULLY implemented which means the stated REFERENDUM for article 140 must be written, signed off by all parties and implemented. So why do we always hear news about this Article 140 then when we hear news about the CBI going forward with the project to delete the zeros? Coincidental? I think not!
10-11-2020 Intel Guru RayRen98 Weekend UPDATE ..."NOSE BLEED" RATES ARE BEING COMMUNICATED TO US...SUPPOSEDLY AT THE BANKS DISCRETION? REMEMBER, THE "HIGH" OPENING RATE FOR THE DINAR WAS UP FOR DISCUSSION TO BE REDUCED BUT DIED DUE TO LACK OF CONSENSUS? (A FEW DAYS AGO) THE TOP MAJOR BANKS, ALONG WITH THE LEAD BANK, HAD A CONFERENCE WITH TREASURY (AND SUPPOSEDLY, MNUCHIN) TO DISCUSS UNDISCLOSED "PARTICULARS" LEADING TO AN ANNOUNCEMENT ON MONDAY. [HMMMMMMM, I WONDER......?] ...SOME BANKS ARE REPORTEDLY COMING IN ON SUNDAY, AT VERY, VERY EARLY AM HOURS. NOTE: SUPPOSEDLY IS THE WORD OF CHOICE UNTIL SOLID CONFIRMATIONS COME TO SURFACE. CAPICHE?
10-11-2020 Newshound Guru Pimpy Article: "Finance Minister: We will present the white paper for reform to the cabinet next Tuesday" ...Let's see if they actually do submit the paperwork - the reform papers...we know that the reform papers that the Ministry of Finance has said the discussion about the exchange rate will be brought up. That doesn't mean that anything's going to happen...if they are going to be working on the budgets for 2021, 22, 23 it would seem to me that in there they have to address the exchange rate. We're being optimistic but I want us to stay grounded...
10-11-2020 Newshound Guru Adam Montana [Does circulated versus non-circulated currency RV the same or is there a difference in their value?] "Technically" it could make a difference, but realistically as long as your notes are in good condition I don't think it's a concern.
10-11-2020 Newshound Guru MilitiaMan ...Iraq is now ripe for investors, as we witnessed with the IMF, the WB, WTO, BIS, EBRD, EuroClear, IBBC, etc.. All are in town to help the country be successful. I am very optimistic they have every intention to go to a market economy!! imo.
10-11-2020 Newshound Guru Pimpy Article: "A new salary scale...an economist leaks out the terms of the 'white paper' " ...I know there's so many rumors going on...I don't want you guys to get too excited with good news. Don't get too bummed out for bad news. We already knew they were going to be talking about the exchange rate. We knew this already. So this article is just saying exactly what we already knew. There's nothing adding to it one way or the other...it is exciting. It's about damn time...hopefully the wait is just about over...
10-11-2020 Newshound/Intel Guru Mnt Goat Article: "THE DEMOCRAT: THE REGION DELIVERED ALL WHAT BAGHDAD REQUESTED AND IS WAITING FOR POSITIVE STEPS TO IMPLEMENT ARTICLE 140" ...Remember to go forward with any reinstatement of the Iraqi currency the main requirement is that the Iraqi constitution must be FULLY implemented which means the stated REFERENDUM for article 140 must be written, signed off by all parties and implemented. So why do we always hear news about this Article 140 then when we hear news about the CBI going forward with the project to delete the zeros? Coincidental? I think not!
10-11-2020 Intel Guru RayRen98 Weekend UPDATE ..."NOSE BLEED" RATES ARE BEING COMMUNICATED TO US...SUPPOSEDLY AT THE BANKS DISCRETION? REMEMBER, THE "HIGH" OPENING RATE FOR THE DINAR WAS UP FOR DISCUSSION TO BE REDUCED BUT DIED DUE TO LACK OF CONSENSUS? (A FEW DAYS AGO) THE TOP MAJOR BANKS, ALONG WITH THE LEAD BANK, HAD A CONFERENCE WITH TREASURY (AND SUPPOSEDLY, MNUCHIN) TO DISCUSS UNDISCLOSED "PARTICULARS" LEADING TO AN ANNOUNCEMENT ON MONDAY. [HMMMMMMM, I WONDER......?] ...SOME BANKS ARE REPORTEDLY COMING IN ON SUNDAY, AT VERY, VERY EARLY AM HOURS. NOTE: SUPPOSEDLY IS THE WORD OF CHOICE UNTIL SOLID CONFIRMATIONS COME TO SURFACE. CAPICHE?
10-11-2020 Newshound Guru Pimpy Article: "Finance Minister: We will present the white paper for reform to the cabinet next Tuesday" ...Let's see if they actually do submit the paperwork - the reform papers...we know that the reform papers that the Ministry of Finance has said the discussion about the exchange rate will be brought up. That doesn't mean that anything's going to happen...if they are going to be working on the budgets for 2021, 22, 23 it would seem to me that in there they have to address the exchange rate. We're being optimistic but I want us to stay grounded...
10-11-2020 Newshound Guru Adam Montana [Does circulated versus non-circulated currency RV the same or is there a difference in their value?] "Technically" it could make a difference, but realistically as long as your notes are in good condition I don't think it's a concern.
10-11-2020 Newshound Guru MilitiaMan ...Iraq is now ripe for investors, as we witnessed with the IMF, the WB, WTO, BIS, EBRD, EuroClear, IBBC, etc.. All are in town to help the country be successful. I am very optimistic they have every intention to go to a market economy!! imo.
10-10-2020 Intel Guru RayRen98 SOME BANKERS HAVE BEEN VERY EXCITED TODAY AT WORK...WAITING FOR THE "GO" SIGNAL!
10-10-2020 Newshound Guru MilitiaMan Article: "An existing scenario will divert the central bank's vaults to save “paper” instead of money...this is what will happen with regard to commodity prices, the dollar and alternative solutions." They have laid out what they are to do and it is imo to be immediately from what he stated... This one spells out they have a choice that makes the most sense and that is by reducing the value of the dollar to the Dinar. And it even suggests there may be a gold component to it...
10-10-2020 Newshound Guru Jeff ...What we are looking for is Iraq to reach a point or period where they can't get anything done. They've boxed themselves into a corner and have nothing left to do. They're there now...they absolutely have nothing left to do before the rate change. They've painted the perfect picture for you. Now they're mimicking what both Kuwait and China did by showing you a disinformation campaign...we're looking good. We're looking the best we ever have. We are in the perfect storm for this to happen...
10-10-2020 Newshound Guru Pimpy It looks like Iraq is being positioned by both Europe and America to really help Iraq to develop a booming economy...this is good news. This is what we want...lots of positive movements for Iraq...very happy about it. Good news is always Iraq doing what they can to get back in the graces of the International community...
10-10-2020 Newshound Guru Kaperoni A big step for Iraq today as they were granted accession in the European Bank for Reconstruction. Congrats!
10-10-2020 Newshound/Intel Guru Mnt Goat Article: "AL-KAZEMI GOVERNMENT SUCCEEDS IN CONVINCING THE EUROPEAN UNION TO REMOVE IRAQ FROM THE LIST OF HIGH-RISK COUNTRIES IN THE FIELD OF MONEY LAUNDERING" This timing is perfect as they told us mid-October this might be finalized. So, I am told the US is next and may relieve Iraq from OFAC monetary sanctions as a result. Remember it is OFAC Sanctions that is limiting us from exchanging at the banks. Let’s wait and see what happens next.
10-10-2020 Newshound Guru MilitiaMan Article: "An existing scenario will divert the central bank's vaults to save “paper” instead of money...this is what will happen with regard to commodity prices, the dollar and alternative solutions." They have laid out what they are to do and it is imo to be immediately from what he stated... This one spells out they have a choice that makes the most sense and that is by reducing the value of the dollar to the Dinar. And it even suggests there may be a gold component to it...
10-10-2020 Newshound Guru Jeff ...What we are looking for is Iraq to reach a point or period where they can't get anything done. They've boxed themselves into a corner and have nothing left to do. They're there now...they absolutely have nothing left to do before the rate change. They've painted the perfect picture for you. Now they're mimicking what both Kuwait and China did by showing you a disinformation campaign...we're looking good. We're looking the best we ever have. We are in the perfect storm for this to happen...
10-10-2020 Newshound Guru Pimpy It looks like Iraq is being positioned by both Europe and America to really help Iraq to develop a booming economy...this is good news. This is what we want...lots of positive movements for Iraq...very happy about it. Good news is always Iraq doing what they can to get back in the graces of the International community...
10-10-2020 Newshound Guru Kaperoni A big step for Iraq today as they were granted accession in the European Bank for Reconstruction. Congrats!
10-10-2020 Newshound/Intel Guru Mnt Goat Article: "AL-KAZEMI GOVERNMENT SUCCEEDS IN CONVINCING THE EUROPEAN UNION TO REMOVE IRAQ FROM THE LIST OF HIGH-RISK COUNTRIES IN THE FIELD OF MONEY LAUNDERING" This timing is perfect as they told us mid-October this might be finalized. So, I am told the US is next and may relieve Iraq from OFAC monetary sanctions as a result. Remember it is OFAC Sanctions that is limiting us from exchanging at the banks. Let’s wait and see what happens next.
10-9-2020 Intel Guru Bruce [via WiserNow] I am excited...Now – first of all – we did get confirmation again on the Iraqi Dinar – on the rate – it is a rate for us...it’s a very strong rate and I think it will match up nicely with the rate they are supposed to be offering us on the Dong as well...we have had what we believe to be the beginning...the start of our redemption... I know there is a start time for us that is coming...It may not be this week...Our start time may not be quite as soon as we thought it was...but the good news is that it has started...it’s coming – but you are going to have to hold on to your patience a little bit longer before we get notified to go...but we know it’s close...
10-9-2020 Intel Guru MarkZ [via PDK] My Iraqi contacts are saying on or before Tuesday now…also hearing they are adding posters at banking locations and stores on what to look for in the new lower denomination bills. That is exciting. There is great chatter out of Iraq that we may be going sooner than Mr. C [Michael Cottrell] believes. (Mr. C believes after the election) There is great chatter that they expect the new rate over the next week or so…The biggest news is Iraq expects a new functional rate by next Wednesday. I am hearing this from multiple sources that are actually in the sandbox over there. So cross fingers and cross your toes.
10-9-2020 Newshound/Intel Guru Mnt Goat But did I say the rate will start at .00085? NO...the CBI is NOT going to just take the .00085 rate and use it and float it...the rate will be determined by the basket of currencies. We just don’t know that new rate yet...We do see, however, rates at the banks of pending reinstatement of the dinar at a rate of around $3.60 - $4.25 and up. So, this is probably going to be around the initial rate after the new peg to the basket. From there, the free market will drive it up or down accordingly. But in the long run it will probably stabilize around $3.60ish which is close to the Kuwaiti dinar... [post 3 of 3]
10-9-2020 Newshound/Intel Guru Mnt Goat ...The next stage to the process...is to move to reinstate and put the dinar on a FLOAT...They plan to halt all currency auctions for a specified period during this transition time. They might never start the auctions up again. To do this they plan to get it off the “de facto” peg to the USD and put it on a peg to a basket of 5 currencies. So, tell me how can the rate stay at .00085 when they do this? It is not possible. The reality is there will NEVER be a revaluation only a reinstatement and moving to the FLOAT and off the “de-facto” peg will bring a new rate. ...The dinar is going to get REINSTATED. ...It is through the FLOAT that the rate will rise. It will only rise when traders get in and buy it up on the international trading platforms. [post 2 of 3....stay tuned]
10-9-2020 Newshound/Intel Guru Mnt Goat ...If Iraqis could all get rich off this project to delete the zeros, they would simply never conduct the project to delete the zeros. But these notes stuffed under the mattresses really don’t matter much anyhow...The CBI has talked about these notes stuffed under the mattresses many times and they have a pretty good estimate as to how much...So, these stashes of notes in Iraq don’t matter since IN IRAQ...these stashes of notes will be worth exactly the same today post- project to delete the zeros as yesterday pre-project to delete the zeros...They are only going to delete the zeros in Iraq... [post 1 of 3....stay tuned]
10-9-2020 Newshound Guru MilitiaMan Interestingly enough, there are more things in my view outside of what we read in the news that supports this is about over sooner than later. When an Iraqi dealer in currency decides to stop selling his currency as his stake in tens of millions realized just how serious this is, thanks to kind people keeping at him that this Time is in fact real as it gets and that the environment is actually ripe for the re instatement...is consistent with what we are now seeing in the fine articles we have seen in my 10 and your 8 years... That is one source, there is more with similar views... The one was very pessimistic, not any more.. As always, we shall see...imo.
10-9-2020 Intel Guru Footforward [Have you heard anything about a float versus fixed rate?] I believe it will be fixed from the info I have. That's my opinion.
10-9-2020 Newshound Guru Pimpy Article: "The European Union announces that it has taken a number of steps to remove Iraq from the list of high risk countries" This is good....They're on this list because they're corrupt. There's a lot of money laundering in the banks and they finance a lot of terrorist groups through these banks. So if they get removed off this list that's telling the whole world, "Hey, all right, in our opinion they've done what it takes to stop this from happening..." This is big steps. Ever since that new Central Bank of Iraq governor took over, he has started implementing the reforms needed in the bank and whatever steps those are that he's taken obviously are impressing the international community which is really important...
10-9-2020 Intel/Newshound Guru Walkingstick & Intel Guru Frank26 ...IOO they are about to display poster-boards with pictures and descriptions of the new small category notes that they are going to pass out with the new exchange rate. You got to have the notes first. Not in their hands physically. This is the next step...it will be 1 to 1 with the American dollar.
10-9-2020 Intel Guru MarkZ [via PDK] My Iraqi contacts are saying on or before Tuesday now…also hearing they are adding posters at banking locations and stores on what to look for in the new lower denomination bills. That is exciting. There is great chatter out of Iraq that we may be going sooner than Mr. C [Michael Cottrell] believes. (Mr. C believes after the election) There is great chatter that they expect the new rate over the next week or so…The biggest news is Iraq expects a new functional rate by next Wednesday. I am hearing this from multiple sources that are actually in the sandbox over there. So cross fingers and cross your toes.
10-9-2020 Newshound/Intel Guru Mnt Goat But did I say the rate will start at .00085? NO...the CBI is NOT going to just take the .00085 rate and use it and float it...the rate will be determined by the basket of currencies. We just don’t know that new rate yet...We do see, however, rates at the banks of pending reinstatement of the dinar at a rate of around $3.60 - $4.25 and up. So, this is probably going to be around the initial rate after the new peg to the basket. From there, the free market will drive it up or down accordingly. But in the long run it will probably stabilize around $3.60ish which is close to the Kuwaiti dinar... [post 3 of 3]
10-9-2020 Newshound/Intel Guru Mnt Goat ...The next stage to the process...is to move to reinstate and put the dinar on a FLOAT...They plan to halt all currency auctions for a specified period during this transition time. They might never start the auctions up again. To do this they plan to get it off the “de facto” peg to the USD and put it on a peg to a basket of 5 currencies. So, tell me how can the rate stay at .00085 when they do this? It is not possible. The reality is there will NEVER be a revaluation only a reinstatement and moving to the FLOAT and off the “de-facto” peg will bring a new rate. ...The dinar is going to get REINSTATED. ...It is through the FLOAT that the rate will rise. It will only rise when traders get in and buy it up on the international trading platforms. [post 2 of 3....stay tuned]
10-9-2020 Newshound/Intel Guru Mnt Goat ...If Iraqis could all get rich off this project to delete the zeros, they would simply never conduct the project to delete the zeros. But these notes stuffed under the mattresses really don’t matter much anyhow...The CBI has talked about these notes stuffed under the mattresses many times and they have a pretty good estimate as to how much...So, these stashes of notes in Iraq don’t matter since IN IRAQ...these stashes of notes will be worth exactly the same today post- project to delete the zeros as yesterday pre-project to delete the zeros...They are only going to delete the zeros in Iraq... [post 1 of 3....stay tuned]
10-9-2020 Newshound Guru MilitiaMan Interestingly enough, there are more things in my view outside of what we read in the news that supports this is about over sooner than later. When an Iraqi dealer in currency decides to stop selling his currency as his stake in tens of millions realized just how serious this is, thanks to kind people keeping at him that this Time is in fact real as it gets and that the environment is actually ripe for the re instatement...is consistent with what we are now seeing in the fine articles we have seen in my 10 and your 8 years... That is one source, there is more with similar views... The one was very pessimistic, not any more.. As always, we shall see...imo.
10-9-2020 Intel Guru Footforward [Have you heard anything about a float versus fixed rate?] I believe it will be fixed from the info I have. That's my opinion.
10-9-2020 Newshound Guru Pimpy Article: "The European Union announces that it has taken a number of steps to remove Iraq from the list of high risk countries" This is good....They're on this list because they're corrupt. There's a lot of money laundering in the banks and they finance a lot of terrorist groups through these banks. So if they get removed off this list that's telling the whole world, "Hey, all right, in our opinion they've done what it takes to stop this from happening..." This is big steps. Ever since that new Central Bank of Iraq governor took over, he has started implementing the reforms needed in the bank and whatever steps those are that he's taken obviously are impressing the international community which is really important...
10-9-2020 Intel/Newshound Guru Walkingstick & Intel Guru Frank26 ...IOO they are about to display poster-boards with pictures and descriptions of the new small category notes that they are going to pass out with the new exchange rate. You got to have the notes first. Not in their hands physically. This is the next step...it will be 1 to 1 with the American dollar.
10-8-2020 Intel Guru Delta ...Iraq is not going to lop.
10-8-2020 Newshound Guru Kaperoni ...guru Delta says.. everyone knows the white papers has a lot of reforms, one of which has a new exchange rate. LOL. Want to bet? There is no such thing as an RV. If Parliament is involved in the dinar that is not good for us. That would be a LOP.
10-8-2020 Intel Guru Footforward [...there are a few rates in the rumor mill....would you be at liberty to share what you have heard today?] I've heard anything from decreasing the dinar value to a rate of 15 bucks. I don't think either of those are correct. But that's the range today. It's insane. I want to share what I can. But I feel some disinformation is being put out today because the rates are all over the place. These also are not coming from my sources. My sources are waiting to hear on something. I've been fairly consistent on my opinion on the rate. Somewhere between 3 and 4.80. based on math...
10-8-2020 Intel Guru Frank26 & Intel/Newshound Guru Walkingstick ...information is just rolling in. It's being ushered in. It has to be. The same pressure that allowed the currency reform to crystallize is the same pressure that is being used to tell the citizens of Iraq...the time is very very short on the fact that pictures are soon to be released to the citizens. These pictures will be depictions of the new small category notes...their exchange rate and their currency is about to change completely.
10-8-2020 Newshound Guru Pimpy We know that part of the reform papers they're taking about the exchange rate. We know this. They said so. But they didn't tell us what they're talking about. So all anybody can do is speculate. We did see the papers from the IMF that one time that they had a list of things they want to see Iraq do. And on the very top of that list was decrease the rate. NOT the value of the dinar but decrease the exchange rate which good for us. Not decrease the value of the dinar, which is bad for us. So both those things look positive. But again stay grounded...
10-8-2020 Intel Guru MarkZ [via PDK] We are coming to you today from Punxsutawney…..feels like another “Groundhog Day”... I am still hearing great stuff from on the ground in Iraq. They hope for a vote tomorrow. [...were you able to confirm Iraq Gazette rate rumors?] No I cannot confirm that...I even had people go through the gazette for the last week or so…cannot confirm. [Rates do not matter until we RV.] I agree…its fun to dream...but what I really want is for it just to “go”.
10-8-2020 Newshound Guru Jeff ...It's interesting the new direction that the dinar has gone...roughly about a week and a half ago remember I told you I saw new a new pattern...there's no news coming out. Nothing is happening in Iraq. The level of lies and BS and misleading news has escalated big time. They're just lying to us left and right now...it's a very strong disinformation campaign - exactly like China and Kuwait did right before they changed their rates.
10-8-2020 Intel Guru Bruce [via WiserNow] Here is where we are...what we did receive and got confirmation about was that Saturday was the day that Iraq finally put out a new international rate on the new Iraqi dinar – it was just $1 less than Shabibi had predicted that the dinar could support in US dollars back in...2012...when he was addressing the US Commerce...He said the Dinar would be able to support a rate of $16 and our understanding is that the rate which was $15 was put in the Gazette on Saturday...They have completed their monetary reforms – revalued their dinar – put it in the Gazette...color it done...We also received word that there was a 48 hour clock that started at 1 PM [Tuesday] whereby within that 48 hrs which would end Thursday at 1 PM – Eastern time...we are in that 48 hour window – now...I am very excited that this is apparently coming down to the wire...
10-8-2020 Intel Guru Frank26 & Intel/Newshound Guru Walkingstick ...Information is rolling out more and more. IMO time is short on the pictures that they will release with descriptions explaining further about the new small category notes. It's forthcoming as part of the education to the citizens because they are now admitting they have 'white papers' and they are admitting the reform process is complete and it is being implemented...what they are telling the citizens are the reasons and the 'whys' along with the 'what's going on' with their currency. They're telling them their country is about to become a financial hub and the currency will be the power of the Middle East...they are explaining they are adding value to the nation's currency...
10-8-2020 Newshound Guru Pimpy we don't know what the rate change is going to be but we know the rate change is being discussed in the reform papers. We don't know what that means though...it's easy to assume they're talking about changing their rate, which makes sense. Don't get me wrong...I just don't want us to jump ahead of the game here. Stay grounded. That is good news. We're all hoping that's what it means...
10-8-2020 Newshound Guru Kaperoni ...guru Delta says.. everyone knows the white papers has a lot of reforms, one of which has a new exchange rate. LOL. Want to bet? There is no such thing as an RV. If Parliament is involved in the dinar that is not good for us. That would be a LOP.
10-8-2020 Intel Guru Footforward [...there are a few rates in the rumor mill....would you be at liberty to share what you have heard today?] I've heard anything from decreasing the dinar value to a rate of 15 bucks. I don't think either of those are correct. But that's the range today. It's insane. I want to share what I can. But I feel some disinformation is being put out today because the rates are all over the place. These also are not coming from my sources. My sources are waiting to hear on something. I've been fairly consistent on my opinion on the rate. Somewhere between 3 and 4.80. based on math...
10-8-2020 Intel Guru Frank26 & Intel/Newshound Guru Walkingstick ...information is just rolling in. It's being ushered in. It has to be. The same pressure that allowed the currency reform to crystallize is the same pressure that is being used to tell the citizens of Iraq...the time is very very short on the fact that pictures are soon to be released to the citizens. These pictures will be depictions of the new small category notes...their exchange rate and their currency is about to change completely.
10-8-2020 Newshound Guru Pimpy We know that part of the reform papers they're taking about the exchange rate. We know this. They said so. But they didn't tell us what they're talking about. So all anybody can do is speculate. We did see the papers from the IMF that one time that they had a list of things they want to see Iraq do. And on the very top of that list was decrease the rate. NOT the value of the dinar but decrease the exchange rate which good for us. Not decrease the value of the dinar, which is bad for us. So both those things look positive. But again stay grounded...
10-8-2020 Intel Guru MarkZ [via PDK] We are coming to you today from Punxsutawney…..feels like another “Groundhog Day”... I am still hearing great stuff from on the ground in Iraq. They hope for a vote tomorrow. [...were you able to confirm Iraq Gazette rate rumors?] No I cannot confirm that...I even had people go through the gazette for the last week or so…cannot confirm. [Rates do not matter until we RV.] I agree…its fun to dream...but what I really want is for it just to “go”.
10-8-2020 Newshound Guru Jeff ...It's interesting the new direction that the dinar has gone...roughly about a week and a half ago remember I told you I saw new a new pattern...there's no news coming out. Nothing is happening in Iraq. The level of lies and BS and misleading news has escalated big time. They're just lying to us left and right now...it's a very strong disinformation campaign - exactly like China and Kuwait did right before they changed their rates.
10-8-2020 Intel Guru Bruce [via WiserNow] Here is where we are...what we did receive and got confirmation about was that Saturday was the day that Iraq finally put out a new international rate on the new Iraqi dinar – it was just $1 less than Shabibi had predicted that the dinar could support in US dollars back in...2012...when he was addressing the US Commerce...He said the Dinar would be able to support a rate of $16 and our understanding is that the rate which was $15 was put in the Gazette on Saturday...They have completed their monetary reforms – revalued their dinar – put it in the Gazette...color it done...We also received word that there was a 48 hour clock that started at 1 PM [Tuesday] whereby within that 48 hrs which would end Thursday at 1 PM – Eastern time...we are in that 48 hour window – now...I am very excited that this is apparently coming down to the wire...
10-8-2020 Intel Guru Frank26 & Intel/Newshound Guru Walkingstick ...Information is rolling out more and more. IMO time is short on the pictures that they will release with descriptions explaining further about the new small category notes. It's forthcoming as part of the education to the citizens because they are now admitting they have 'white papers' and they are admitting the reform process is complete and it is being implemented...what they are telling the citizens are the reasons and the 'whys' along with the 'what's going on' with their currency. They're telling them their country is about to become a financial hub and the currency will be the power of the Middle East...they are explaining they are adding value to the nation's currency...
10-8-2020 Newshound Guru Pimpy we don't know what the rate change is going to be but we know the rate change is being discussed in the reform papers. We don't know what that means though...it's easy to assume they're talking about changing their rate, which makes sense. Don't get me wrong...I just don't want us to jump ahead of the game here. Stay grounded. That is good news. We're all hoping that's what it means...
10-7-2020 Intel Guru Footforward We may be done in a few days. But it may go a bit longer. We have to be mentally ready to stay in the game.
10-7-2020 Newshound Guru MilitiaMan Article: "Paying employees' salaries, starting tomorrow, Wednesday" ...the Government is telling the people that the government is in charge and responsible to pay the salaries, just as they are in charge of the taxes, customs, agriculture, etc...The PM is on record that he intends to begin tomorrow, yet he even said so yesterday, too. The white papers are completed...What the white papers have is imo the rate at to which they will be paid. My view is that they have every intention to go to a market economy, therefore, the rate should not be at a program rate. Hence, that is why they had taken so long in paying them...They are down to the wire and have called for holidays, at a very interesting time too...This is getting so good now...imo! Love it!
10-7-2020 Intel Guru Delta Everybody knows that the 'white papers' does include a lot of reforms...One of them is the currency reform...the "white paper" is completed and the Office of the Prime Minister Kazemi did receive it this week. He's going to look at it. After he is done he is going to send it to the Parliament...what the white paper is is basically instructions on what they're planning to do to improve the economy of the country. Why are you hiding that? Why is it taking two months? ...there is something going on...what is going on is very very important.
10-7-2020 Intel Guru MarkZ [via PDK] [Rumor: Iraq has new Dinar RV rate at $15.00] I have heard that same chatter… I have exhaustedly searched to find that in print anywhere. I cannot find it but it is not far off from what Dr. Shabibi said the rate could be 9 years ago. This was back when Maliki was in charge. Okie [Guru Okie-Oil-Man] was expecting $14+ from tremendously good sources inside Iraq. Then things got stalled…It would not surprise me to see that rate. We have shared the [video] before of Shabibi saying they could support a rate of $17 to 1…he was addressing the UN I believe and talking about the revaluation of the currency. I am trying to get proof of this from contacts in Iraq…
10-7-2020 Newshound Guru Pimpy ...I was expecting another announcement in the news. It just has not shown up yet. If it does later on I will do an update because it's good news. I just don't want to jump the gun right now. It's just rumors but I have a feeling they're gonna make some kind of an announcement on it...
10-7-2020 Newshound Guru Jeff ...hope everyone has their exit strategy plan because the facts are showing you that you're closing in and reaching the end. We look amazing...this is a once in a lifetime opportunity. There's no rush. I wouldn't recommend anyone rush and make an exchange...the Central Bank of Iraq had an article out around 2012 it said the 2 currencies would coexist for a period of 10 years. So at one time Iraq has told us we will have 10 years to get the notes exchanged...no rush...
10-7-2020 Intel Guru Frank26 You now know what "white papers" definition means. It's an agreement of the monetary reform between the Central Bank of Iraq and the IMF...What do you think they are taking about? Their currency...And who do you think put it together? The Fab 4. I want to thank MY PRESIDENT! Donald Trump...we pray for you...the white papers contain the date and the rate...
10-7-2020 Intel Guru MarkZ [via PDK] I am told now that there is no negotiation on rates. I believe this to be true. I am told there will be only one rate offered period when we go in…and that this is non-negotiable. This rate is covered in a treaty and I believe this is accurate... As I understand it…you make an apt from info from your email, from dinar sites...you will automatically get the contract rate…if you just walk in off the street…go to your local teller - then you will get the street rate.
10-7-2020 Newshound Guru Militiaman ...they are very much talking in bold verbiage. "Implementing". "The first steps started". "Radical solutions being completed". You can't get any better than this.
10-7-2020 Newshound/Intel Guru Petra ...We're finding out about all this. Guess what? So are the people of Iraq. The citizens of Iraq are seeing this and hearing this. Their expectations are immediate...it's amazing where we're at. Not only do the people know but so does the international world. Everybody knows what's going on now.
10-7-2020 Newshound Guru MilitiaMan Article: "Paying employees' salaries, starting tomorrow, Wednesday" ...the Government is telling the people that the government is in charge and responsible to pay the salaries, just as they are in charge of the taxes, customs, agriculture, etc...The PM is on record that he intends to begin tomorrow, yet he even said so yesterday, too. The white papers are completed...What the white papers have is imo the rate at to which they will be paid. My view is that they have every intention to go to a market economy, therefore, the rate should not be at a program rate. Hence, that is why they had taken so long in paying them...They are down to the wire and have called for holidays, at a very interesting time too...This is getting so good now...imo! Love it!
10-7-2020 Intel Guru Delta Everybody knows that the 'white papers' does include a lot of reforms...One of them is the currency reform...the "white paper" is completed and the Office of the Prime Minister Kazemi did receive it this week. He's going to look at it. After he is done he is going to send it to the Parliament...what the white paper is is basically instructions on what they're planning to do to improve the economy of the country. Why are you hiding that? Why is it taking two months? ...there is something going on...what is going on is very very important.
10-7-2020 Intel Guru MarkZ [via PDK] [Rumor: Iraq has new Dinar RV rate at $15.00] I have heard that same chatter… I have exhaustedly searched to find that in print anywhere. I cannot find it but it is not far off from what Dr. Shabibi said the rate could be 9 years ago. This was back when Maliki was in charge. Okie [Guru Okie-Oil-Man] was expecting $14+ from tremendously good sources inside Iraq. Then things got stalled…It would not surprise me to see that rate. We have shared the [video] before of Shabibi saying they could support a rate of $17 to 1…he was addressing the UN I believe and talking about the revaluation of the currency. I am trying to get proof of this from contacts in Iraq…
10-7-2020 Newshound Guru Pimpy ...I was expecting another announcement in the news. It just has not shown up yet. If it does later on I will do an update because it's good news. I just don't want to jump the gun right now. It's just rumors but I have a feeling they're gonna make some kind of an announcement on it...
10-7-2020 Newshound Guru Jeff ...hope everyone has their exit strategy plan because the facts are showing you that you're closing in and reaching the end. We look amazing...this is a once in a lifetime opportunity. There's no rush. I wouldn't recommend anyone rush and make an exchange...the Central Bank of Iraq had an article out around 2012 it said the 2 currencies would coexist for a period of 10 years. So at one time Iraq has told us we will have 10 years to get the notes exchanged...no rush...
10-7-2020 Intel Guru Frank26 You now know what "white papers" definition means. It's an agreement of the monetary reform between the Central Bank of Iraq and the IMF...What do you think they are taking about? Their currency...And who do you think put it together? The Fab 4. I want to thank MY PRESIDENT! Donald Trump...we pray for you...the white papers contain the date and the rate...
10-7-2020 Intel Guru MarkZ [via PDK] I am told now that there is no negotiation on rates. I believe this to be true. I am told there will be only one rate offered period when we go in…and that this is non-negotiable. This rate is covered in a treaty and I believe this is accurate... As I understand it…you make an apt from info from your email, from dinar sites...you will automatically get the contract rate…if you just walk in off the street…go to your local teller - then you will get the street rate.
10-7-2020 Newshound Guru Militiaman ...they are very much talking in bold verbiage. "Implementing". "The first steps started". "Radical solutions being completed". You can't get any better than this.
10-7-2020 Newshound/Intel Guru Petra ...We're finding out about all this. Guess what? So are the people of Iraq. The citizens of Iraq are seeing this and hearing this. Their expectations are immediate...it's amazing where we're at. Not only do the people know but so does the international world. Everybody knows what's going on now.
10-6-2020 Intel Guru Delta The banking reforms...We all know...you have to come up with a true rate before you take your banking international. Here's the important part here. For the Central Bank of Iraq to start launching and implementing that...that gives us the conclusion that we are really close to them showing us the new rate. Because the rate is very important. All the stuff that we're waiting for does require the rate, including the white papers. This is very huge. For the Central Bank of Iraq to start doing this, the rate is about to come out...we are on the verge of seeing something from the Central Bank of Iraq.
10-6-2020 Newshound/Intel Guru Mnt Goat ...times are changing in Iraq and the new prime minister and his cabinet are on a mission to fix this socialism to a capitalistic system. In fact, there is no other choice for Iraq as it is either “do or die” at this point. So, Iraq must move to a private sector and this will mean finally reinstating the dinar...We could very well see the reinstatement in January 2021 or maybe even sooner since we know they desperately need to pay October, November and December salaries too. Can they even wait until January 2021? [post 2 of 2]
10-6-2020 Newshound/Intel Guru Mnt Goat ...we know that that Iraq is having a very difficult time paying September’s salaries. Remember that Iraq is still 95% socialist and so this means that 95% of the jobs are all still under the government and thus paid salaries by the government. This is the quagmire that Iraq has been trying to get itself out of since 2003 and can’t seem to manage to do it. It needs to move to a free-enterprise, private sector capitalist system and move this burden of salaries over to the private sector. This has not been done already not because they too don’t recognize the need but because of corruption. ...However... [post 1 of 2....stay tuned]
10-6-2020 Intel Guru MarkZ [via PDK] [Any new rate information?] I have not heard anything new on rates in a year…they are the same as then. The latest rumor from small local papers in Iraq is they were looking at $15 US for each dinar. Treat that as a rumor.
10-6-2020 Newshound Guru Pimpy ...The Finance Minister just said since 2003 $203 billion dollars have have been stolen from the Iraqi people. Not dinars - dollars. That's a lot of money. The Finance minister went on to say that could rebuild several countries at that amount of money and rightfully so. Al-Kazemi's government is a lot different it appears. They're doing everything possible to make sure that they wean away the corruption. All this is good because the stronger the economy becomes...the more trust they have in the banks, the more stable they become, the more outsider investors that come in provide an opportunity for the Iraqi dinar to strengthen.
10-6-2020 Intel Guru Frank26 ...Kazemi comes out today with a video and tells you what? "White papers". [Guru] Walkingstick, I and my teams were the first ones on the internet to tell you about two months ago that they were going to introduce 'white papers'. And a lot of you said, 'so...who cares Frank.' Then a month ago you saw the first article...that said we're introducing white papers that we have agreed upon...and today you see Kazemi the guy we told you who was bringing the white papers to Donald Trump, took them back to the CBI the CBI says 'hey, cool." Gives them back to the GOI and now that the GOI has them again...Kazemi made a video and announced to the world, 'yeah, we're raising the value...and we're introducing it through something called "white papers".'
10-6-2020 Intel Guru MarkZ [via PDK] News from Iraq is downright fantastic…even on their local TV they are talking about banking reforms and economic reforms being completed and going for a final vote for release. They said this week…so there is a tremendous amount of chatter out of Iraq with expectations of this week. Lets hope they get the “go ahead” from the rest of the world to pull that trigger. All currencies will go at the same time…so if Iraq happens…they all will happen.
10-6-2020 Newshound/Intel Guru Petra ...the white papers...have the date and the rate...I'm very excited and encouraged where we are. A lot of these articles that we've been seeing these last two weeks really pinpoint what their plan and strategy is. Now we're down to days. Not weeks. Not months. We're down to days...
10-6-2020 Intel Guru Delta ...patience is the key but it looks like we're on the verge of seeing something really big from Iraq and their currency...since the new governor of the Central Bank of Iraq took place it shocked a lot of us for the way he's handling the situation...as he promised all of us...the first day that he got the position...we are going to reform the banks #1 and he said he's going to strengthen the national currency...this guy is basically following that...the Financial Minister and the Central Bank Governor they just had an emergency meeting to basically finalize the last step in whatever it is they're about to do.
10-6-2020 Newshound Guru Kaperoni Implementing reforms to make the banking system in Iraq more open to investment will bring capital into Iraq. If they succeed, it will create pressure on the central banks capital account. This pressure will allow the bank to float the currency.
10-6-2020 Newshound Guru MilitiaMan Buna was launched in Feb, 2020...the borders will need to be linked accordingly for payments, taxes, tariffs, etc... All neighbor countries are apparently interconnected by BUNA electronically... "Buna"...is a multi-currency payment platform, provides clearing and settlement services, in Arab and international currencies that meet the eligibility criteria..." ...They can talk to each other with the platform. They can use, clear and settle multi - currencies... It doesn't get much better than this now. ...The reform paper has been completed. The are now implementing the steps by interlinking... Oh ya!! What's the next step? Well if they can talk to each other in multi- currencies... they need to know what the rates for pairing them...imo.
10-6-2020 Newshound/Intel Guru Mnt Goat ...times are changing in Iraq and the new prime minister and his cabinet are on a mission to fix this socialism to a capitalistic system. In fact, there is no other choice for Iraq as it is either “do or die” at this point. So, Iraq must move to a private sector and this will mean finally reinstating the dinar...We could very well see the reinstatement in January 2021 or maybe even sooner since we know they desperately need to pay October, November and December salaries too. Can they even wait until January 2021? [post 2 of 2]
10-6-2020 Newshound/Intel Guru Mnt Goat ...we know that that Iraq is having a very difficult time paying September’s salaries. Remember that Iraq is still 95% socialist and so this means that 95% of the jobs are all still under the government and thus paid salaries by the government. This is the quagmire that Iraq has been trying to get itself out of since 2003 and can’t seem to manage to do it. It needs to move to a free-enterprise, private sector capitalist system and move this burden of salaries over to the private sector. This has not been done already not because they too don’t recognize the need but because of corruption. ...However... [post 1 of 2....stay tuned]
10-6-2020 Intel Guru MarkZ [via PDK] [Any new rate information?] I have not heard anything new on rates in a year…they are the same as then. The latest rumor from small local papers in Iraq is they were looking at $15 US for each dinar. Treat that as a rumor.
10-6-2020 Newshound Guru Pimpy ...The Finance Minister just said since 2003 $203 billion dollars have have been stolen from the Iraqi people. Not dinars - dollars. That's a lot of money. The Finance minister went on to say that could rebuild several countries at that amount of money and rightfully so. Al-Kazemi's government is a lot different it appears. They're doing everything possible to make sure that they wean away the corruption. All this is good because the stronger the economy becomes...the more trust they have in the banks, the more stable they become, the more outsider investors that come in provide an opportunity for the Iraqi dinar to strengthen.
10-6-2020 Intel Guru Frank26 ...Kazemi comes out today with a video and tells you what? "White papers". [Guru] Walkingstick, I and my teams were the first ones on the internet to tell you about two months ago that they were going to introduce 'white papers'. And a lot of you said, 'so...who cares Frank.' Then a month ago you saw the first article...that said we're introducing white papers that we have agreed upon...and today you see Kazemi the guy we told you who was bringing the white papers to Donald Trump, took them back to the CBI the CBI says 'hey, cool." Gives them back to the GOI and now that the GOI has them again...Kazemi made a video and announced to the world, 'yeah, we're raising the value...and we're introducing it through something called "white papers".'
10-6-2020 Intel Guru MarkZ [via PDK] News from Iraq is downright fantastic…even on their local TV they are talking about banking reforms and economic reforms being completed and going for a final vote for release. They said this week…so there is a tremendous amount of chatter out of Iraq with expectations of this week. Lets hope they get the “go ahead” from the rest of the world to pull that trigger. All currencies will go at the same time…so if Iraq happens…they all will happen.
10-6-2020 Newshound/Intel Guru Petra ...the white papers...have the date and the rate...I'm very excited and encouraged where we are. A lot of these articles that we've been seeing these last two weeks really pinpoint what their plan and strategy is. Now we're down to days. Not weeks. Not months. We're down to days...
10-6-2020 Intel Guru Delta ...patience is the key but it looks like we're on the verge of seeing something really big from Iraq and their currency...since the new governor of the Central Bank of Iraq took place it shocked a lot of us for the way he's handling the situation...as he promised all of us...the first day that he got the position...we are going to reform the banks #1 and he said he's going to strengthen the national currency...this guy is basically following that...the Financial Minister and the Central Bank Governor they just had an emergency meeting to basically finalize the last step in whatever it is they're about to do.
10-6-2020 Newshound Guru Kaperoni Implementing reforms to make the banking system in Iraq more open to investment will bring capital into Iraq. If they succeed, it will create pressure on the central banks capital account. This pressure will allow the bank to float the currency.
10-6-2020 Newshound Guru MilitiaMan Buna was launched in Feb, 2020...the borders will need to be linked accordingly for payments, taxes, tariffs, etc... All neighbor countries are apparently interconnected by BUNA electronically... "Buna"...is a multi-currency payment platform, provides clearing and settlement services, in Arab and international currencies that meet the eligibility criteria..." ...They can talk to each other with the platform. They can use, clear and settle multi - currencies... It doesn't get much better than this now. ...The reform paper has been completed. The are now implementing the steps by interlinking... Oh ya!! What's the next step? Well if they can talk to each other in multi- currencies... they need to know what the rates for pairing them...imo.
10-5-2020 Intel Guru RayRen98 [I wonder where are all these banks located where the people are being called in? It must not be in the United States because I have not seen or heard any of that being done.] THE BANK STORIES ARE HERE IN THE US. JUST BECAUSE YOU DON'T HEAR OF THEM DOESN'T MEAN THEY DON'T TAKE PLACE.
10-5-2020 Newshound Guru MilitiaMan Fairly sure they are ready to roll now. They implemented the first step today...Article: "The central bank imposes a fine on the shortage of small groups" CBI has warned banks with fines to not be short...in the small categories notes. Why? They'll be needed, as they will be considered to be large in the future...imo...
10-5-2020 Intel Guru MarkZ [Is it true that if Trump doesn’t win…we wont get an RV?] I do not think that is true…i am told the military has the RV…and it will be released no matter what. No matter who wins.
10-5-2020 Intel Guru Footforward "FROM IRAQI TV... "An informed source reported that the reform paper promised by the government of Prime Minister Mustafa Al-Kazemi, regarding the economic situation that Iraq is going through, has been completed" They know what's up. This conjecture over what to do with the dinar is theatre. They already know what they are going to do...what I'm getting at is if you read the articles it seems like they don't know if the value is going up or down or what they are doing. So I'm ready for this to go any time.
10-5-2020 Newshound Guru Pimpy ...good news coming out of Iraq...what we've been talking about over the last couple day is the issue with a lot of these embassies were talking about closing down, especially the American one, because they're not feeling safe. There's a lot of rocket attacks coming into the green zone... Article "Al-Kazemi's spokesman reveals that important leads have been reached regarding the indiscriminate rocket launchers" ...If they catch even more people and clear them off the streets...this brings stability into Iraq which is what we want so that the embassies stay open, outside investors feel good and they start coming in there. Good news I like that...
10-5-2020 Intel Guru MarkZ [via PDK] I am hearing great stuff out of Iraq…hearing they showed 2 more denominations of bills as they continue the education of the people before they change the rates. Great statement yesterday from some of their finance ministers as they wrap up their banking changes as they position themselves. [So RV this week?] An excellent chance – based on the chatter. We are sitting right on top of it.
10-5-2020 Newshound Guru Jeff I recently checked Iraq's inflation and I think it was down to about 1/2 percent. It was very low. Iraq will not be deleting the zeros off the notes. They will delete the zeros off the rate. But when they delete the zeros off the rate that essentially makes it 1 to 1 with the dollar. Once they make it 1 to 1 with the dollar that makes it too valuable so they have to bring out new notes. Two different currencies will coexist for a period of time. Smaller notes and larger notes. They have to bring out smaller notes because the currency will have too high of a value...
10-5-2020 Intel Guru Delta FROM IRAQI TV... "An informed source reported that the reform paper promised by the government of Prime Minister Mustafa Al-Kazemi, regarding the economic situation that Iraq is going through, has been completed"; "the reforms included in the paper included radical solutions to gradually save the country and stabilize its financial and economic situation."; "white paper will be presented to Al-Kazemi during this week and after that to the House of Representatives."
10-5-2020 Newshound Guru MilitiaMan Fairly sure they are ready to roll now. They implemented the first step today...Article: "The central bank imposes a fine on the shortage of small groups" CBI has warned banks with fines to not be short...in the small categories notes. Why? They'll be needed, as they will be considered to be large in the future...imo...
10-5-2020 Intel Guru MarkZ [Is it true that if Trump doesn’t win…we wont get an RV?] I do not think that is true…i am told the military has the RV…and it will be released no matter what. No matter who wins.
10-5-2020 Intel Guru Footforward "FROM IRAQI TV... "An informed source reported that the reform paper promised by the government of Prime Minister Mustafa Al-Kazemi, regarding the economic situation that Iraq is going through, has been completed" They know what's up. This conjecture over what to do with the dinar is theatre. They already know what they are going to do...what I'm getting at is if you read the articles it seems like they don't know if the value is going up or down or what they are doing. So I'm ready for this to go any time.
10-5-2020 Newshound Guru Pimpy ...good news coming out of Iraq...what we've been talking about over the last couple day is the issue with a lot of these embassies were talking about closing down, especially the American one, because they're not feeling safe. There's a lot of rocket attacks coming into the green zone... Article "Al-Kazemi's spokesman reveals that important leads have been reached regarding the indiscriminate rocket launchers" ...If they catch even more people and clear them off the streets...this brings stability into Iraq which is what we want so that the embassies stay open, outside investors feel good and they start coming in there. Good news I like that...
10-5-2020 Intel Guru MarkZ [via PDK] I am hearing great stuff out of Iraq…hearing they showed 2 more denominations of bills as they continue the education of the people before they change the rates. Great statement yesterday from some of their finance ministers as they wrap up their banking changes as they position themselves. [So RV this week?] An excellent chance – based on the chatter. We are sitting right on top of it.
10-5-2020 Newshound Guru Jeff I recently checked Iraq's inflation and I think it was down to about 1/2 percent. It was very low. Iraq will not be deleting the zeros off the notes. They will delete the zeros off the rate. But when they delete the zeros off the rate that essentially makes it 1 to 1 with the dollar. Once they make it 1 to 1 with the dollar that makes it too valuable so they have to bring out new notes. Two different currencies will coexist for a period of time. Smaller notes and larger notes. They have to bring out smaller notes because the currency will have too high of a value...
10-5-2020 Intel Guru Delta FROM IRAQI TV... "An informed source reported that the reform paper promised by the government of Prime Minister Mustafa Al-Kazemi, regarding the economic situation that Iraq is going through, has been completed"; "the reforms included in the paper included radical solutions to gradually save the country and stabilize its financial and economic situation."; "white paper will be presented to Al-Kazemi during this week and after that to the House of Representatives."
10-5-2020 *** Dinar Guru News Update *** President Trump released a video from the hospital the other night. Watch it below. He appears to be doing better. His spirits appear to be up. Many in the dinar community feel he plays a critical role in bringing back the dinar. We want him back on his feet to continue that progress. Love him, hate him or a little of both, Trump is our president. He's our stability and safety right now. Him and his team are our team. Put him, his family and his team in your thoughts and prayers. The latest guru posts will continue below...
10-4-2020 Newshound Guru Kaperoni ...the recent events pertaining to the central bank...They're working on reforms to the banking system not the currency. Banking reform and creating a suitable investment environment for the private sector are Iraq's priorities at this time. There's no time to waste. I do not expect currency reform until after the success of the banking reform and passing of laws to create a suitable investment environment...they have been procrastinating these economic reforms for several years, but only time will tell if they decide to complete them or collapse into chaos.
10-4-2020 Newshound Guru Pimpy Article: "The Finance Committee talks about losing the Iraqi dinar 10% of its value" We don't want that to happen. That's bad. If the dinar loses its value that's not good for us. We want its value to increase. We want the exchange rate to decrease. Quote: "the parliament financial committee warned on Saturday that the value of the Iraqi dinar had decreased by 10% during the past days..."
10-4-2020 Newshound Guru MilitiaMan Article: "Deputy Finance: The government cannot solve the economic crisis without harming the citizen" Quotes: "The government until now has not been able to properly and properly resolve the economic crisis..."; "...reported that the government is moving towards saving or reducing the dollar exchange rate..." So if you reduce the dollar exchange rate, it takes more dollars to buy the Dinar! That my friends is the whole enchilada.. That is what they are reeling to do! imo Be happy...
10-4-2020 Newshound Guru Pimpy I love the fact that the rate talk has been going on - period. Good, bad and ugly. The fact that they're talking about it seems to give me the impression that they know something needs to be done. What that is for sure I'm not sure myself but we're going to find out...
10-4-2020 Newshound/Intel Guru Mnt Goat Article: "THE WORLD BANK: IRAQ STANDS AT A CROSSROADS AND ITS GDP IS THE WORST SINCE 2003" Quote: “LACK OF STABILITY, LACK OF JOB OPPORTUNITIES, CORRUPTION AND POOR SERVICE PROVISION REMAIN AMONG THE MOST IMPORTANT RISKS SURROUNDING THE COUNTRY’S LONG-TERM GROWTH,” It’s not that they are not doing all these things but they are too slow to act. Also, these things should have been done already a decade ago. I think this is the point of the WB. We can see articles with the new prime minister al-Kazemi implementing programs to correct these issues. But it is an uphill battle all the way.
10-4-2020 Newshound Guru Pimpy Article: "The Finance Committee talks about losing the Iraqi dinar 10% of its value" We don't want that to happen. That's bad. If the dinar loses its value that's not good for us. We want its value to increase. We want the exchange rate to decrease. Quote: "the parliament financial committee warned on Saturday that the value of the Iraqi dinar had decreased by 10% during the past days..."
10-4-2020 Newshound Guru MilitiaMan Article: "Deputy Finance: The government cannot solve the economic crisis without harming the citizen" Quotes: "The government until now has not been able to properly and properly resolve the economic crisis..."; "...reported that the government is moving towards saving or reducing the dollar exchange rate..." So if you reduce the dollar exchange rate, it takes more dollars to buy the Dinar! That my friends is the whole enchilada.. That is what they are reeling to do! imo Be happy...
10-4-2020 Newshound Guru Pimpy I love the fact that the rate talk has been going on - period. Good, bad and ugly. The fact that they're talking about it seems to give me the impression that they know something needs to be done. What that is for sure I'm not sure myself but we're going to find out...
10-4-2020 Newshound/Intel Guru Mnt Goat Article: "THE WORLD BANK: IRAQ STANDS AT A CROSSROADS AND ITS GDP IS THE WORST SINCE 2003" Quote: “LACK OF STABILITY, LACK OF JOB OPPORTUNITIES, CORRUPTION AND POOR SERVICE PROVISION REMAIN AMONG THE MOST IMPORTANT RISKS SURROUNDING THE COUNTRY’S LONG-TERM GROWTH,” It’s not that they are not doing all these things but they are too slow to act. Also, these things should have been done already a decade ago. I think this is the point of the WB. We can see articles with the new prime minister al-Kazemi implementing programs to correct these issues. But it is an uphill battle all the way.
10-3-2020 Newshound Guru Pimpy ...doing something about the corruption is already bearing fruit there. The fact that they collect a record number of taxes in the month of September is outstanding. The fact that they've arrested and are continuing to investigate the people behind the missile attacks and Erbil is outstanding. This is all great news IMO...It's been more than impressive since al-Kazemi has been in there. He's been doing everything he said he's going to do. So far so good...I think a lot more people are starting to get behind Al-Kazemi and making sure that the Iraqi people are secure and that their sovereignty is respected.
10-3-2020 Intel Guru Frank26 Article after article after article in the last 5 days, actually even more, telling us that they're going to raise the value of their currency... Article " Iraq: the government is compelled to "delete the zeros" from the dinar currency...more than "3 scenarios" are expected that will affect salaries and living" the translation IMO is trying to tell you that they have 3 zeros that they're going to lift from their exchange rate...they decided on one option... quote "the government is now obliged to reduce the value of the Iraqi dinar against the dollar...without printing more and thus preserving the currency from collapsing." Without printing more...when you remove the 3 zeros you're left with about a dollar...and you didn't print any new currency because you got the new small category notes already in the banks ready to come out. When they come out with the new exchange rate this is all calculated to be 1 to 1 with the American dollar.
10-3-2020 Intel Guru Footforward [I just heard from a friend of mine who is friends with an international CPA here in Scottddale (originally from Iraq) state that we will have 30 days to exchange...His brother is in Parliament, so I think he gets a lot of his information from him ...What are your thoughts?] I'd love to know what they base that off of. I do think there is a window. 30 days seems rather tight to me. ...If covid restrictions are in place and people have to make appointments to go to the bank to exchange, 30 days seems tight to me. I don't doubt that is what they want. But Trump will make a deal that works for everybody. Iraq doesn't really have alot of say here. But if that is the case we will make it work. I wasn't planning to wait super long anyways. My sources have said because they felt that would be decided once an RV has happened...And that so much is so fluid right now...
10-3-2020 Newshound Guru Jeff ...Article: "Trump Administration Set to Announce Vietnam Currency Probe" This is from September 30th. Supposedly the Trump Administration is working on going after Vietnam for currency manipulation and a currency probe...here's a second article from October 1st...suggesting the same thing. Article: "Trump takes trade war aim at Vietnam's dong"
10-3-2020 Newshound Guru Pimpy The rate before the drop of the rate was I think $3.22...Back in the day before America invaded Iraq and they reduced their rate it was $3.22 which meant for every Iraqi dinar you exchanged we get back $3.22 American dollars. That's what it was before they lowered the Amount to protect the wealth of Iraq. A lot of us who believe that it could be a reinstatement of the rate and not a revaluation. We will see.
10-3-2020 Intel Guru Frank when we get down to the very nitty-gritty. When we're down to you know where they're about to release the new exchange rate you're going to see what we call the 'second article' from the CBI. Where it has the breakdown complete of all the reasons why they're doing what they're doing...we were looking for one specific article but it turns out that it's coming out in stages...
10-3-2020 Newshound Guru MilitiaMan Article: "Al-Rafidain Appeals To Citizens To Deposit Their Money In The Bank And Not To Hoard It In Homes" [Could this be the last ditch effort before the rate changes to get them 000 notes?] I suspect that is exactly what is going on. They have been told their currency is to strengthen and have been told they’ll need to be apart of that electronic system as, the new system is coming on line. That may very well be very soon from the sounds of it. Tomorrow [Saturday] is a special day [Tomorrow .. the anniversary of the independence of Iraq from the British mandate.] If nothing changes it is to be Iraq’s new international day and by international law standards. That should bring with it full sovereignty...
10-3-2020 Intel Guru Frank26 Article after article after article in the last 5 days, actually even more, telling us that they're going to raise the value of their currency... Article " Iraq: the government is compelled to "delete the zeros" from the dinar currency...more than "3 scenarios" are expected that will affect salaries and living" the translation IMO is trying to tell you that they have 3 zeros that they're going to lift from their exchange rate...they decided on one option... quote "the government is now obliged to reduce the value of the Iraqi dinar against the dollar...without printing more and thus preserving the currency from collapsing." Without printing more...when you remove the 3 zeros you're left with about a dollar...and you didn't print any new currency because you got the new small category notes already in the banks ready to come out. When they come out with the new exchange rate this is all calculated to be 1 to 1 with the American dollar.
10-3-2020 Intel Guru Footforward [I just heard from a friend of mine who is friends with an international CPA here in Scottddale (originally from Iraq) state that we will have 30 days to exchange...His brother is in Parliament, so I think he gets a lot of his information from him ...What are your thoughts?] I'd love to know what they base that off of. I do think there is a window. 30 days seems rather tight to me. ...If covid restrictions are in place and people have to make appointments to go to the bank to exchange, 30 days seems tight to me. I don't doubt that is what they want. But Trump will make a deal that works for everybody. Iraq doesn't really have alot of say here. But if that is the case we will make it work. I wasn't planning to wait super long anyways. My sources have said because they felt that would be decided once an RV has happened...And that so much is so fluid right now...
10-3-2020 Newshound Guru Jeff ...Article: "Trump Administration Set to Announce Vietnam Currency Probe" This is from September 30th. Supposedly the Trump Administration is working on going after Vietnam for currency manipulation and a currency probe...here's a second article from October 1st...suggesting the same thing. Article: "Trump takes trade war aim at Vietnam's dong"
10-3-2020 Newshound Guru Pimpy The rate before the drop of the rate was I think $3.22...Back in the day before America invaded Iraq and they reduced their rate it was $3.22 which meant for every Iraqi dinar you exchanged we get back $3.22 American dollars. That's what it was before they lowered the Amount to protect the wealth of Iraq. A lot of us who believe that it could be a reinstatement of the rate and not a revaluation. We will see.
10-3-2020 Intel Guru Frank when we get down to the very nitty-gritty. When we're down to you know where they're about to release the new exchange rate you're going to see what we call the 'second article' from the CBI. Where it has the breakdown complete of all the reasons why they're doing what they're doing...we were looking for one specific article but it turns out that it's coming out in stages...
10-3-2020 Newshound Guru MilitiaMan Article: "Al-Rafidain Appeals To Citizens To Deposit Their Money In The Bank And Not To Hoard It In Homes" [Could this be the last ditch effort before the rate changes to get them 000 notes?] I suspect that is exactly what is going on. They have been told their currency is to strengthen and have been told they’ll need to be apart of that electronic system as, the new system is coming on line. That may very well be very soon from the sounds of it. Tomorrow [Saturday] is a special day [Tomorrow .. the anniversary of the independence of Iraq from the British mandate.] If nothing changes it is to be Iraq’s new international day and by international law standards. That should bring with it full sovereignty...
10-2-2020 Newshound Guru Pimpy There's a difference between lowering the exchange rate and devaluing the dinar. Lowering the exchange rate benefits us. Devaluing the currency is bad for us. So if they devalued their currency on the exchange side that means you would get more dinar for your dollar. In other words if they devalued the dinar instead of getting 1190 dinars for every one dollar you might get something like 2000 dinars. That's because it's cheaper to buy. Make sure you don't mix them up...exchange rate lowering - good. Dinar devaluing - bad.
10-2-2020 Intel/Newshound Guru Frank26 ..the reason we don't have the new exchange rate...is because of Iran and anything associated with Iran...
10-2-2020 Intel Guru Bruce ...we also heard that the IMF and United Nations both encouraged Iraq to go ahead and celebrate their new revalued Dinar...this coming Saturday...So we understand that rate is known internationally – however – we tend not to bring something from Iraq that’s known in Iraq or Middle East or internationally here to the United States until we are ready to go - and that is probably the situation now...Basically we are in the process – it did start – It’s coming east to west...we are looking at very early next week for our start... [post 2 of 2]
10-2-2020 Intel Guru Bruce [via WiserNow] What we’re hearing is very encouraging and yes today is the first day of the new fiscal year – first day of the 4th quarter of the calendar year and it is the first day where we have the Quantum Financial System completely autonomous apart from the SWIFT System...Now – Iraq...was to put out their new international rate on the Iraqi Dinar – We got that information yesterday that it yes in fact had happened - that was out...Now we also heard there was an international rate established that even in country – in... Iraq – was even a little higher than what Shabibi predicted the Dinar could support in US dollars - so that was encouraging... [post 1 of 2....stay tuned]
10-2-2020 Newshound Guru Kaperoni [So if it’s a LOP, my 3,500,000 Dinar is worthless.] No, if they were to LOP it would be a neutral event. No loss, no gain. And the dinar can always appreciate thereafter.
10-2-2020 Newshound/Intel Guru Mnt Goat Article: "PLANNING ACKNOWLEDGES THE "FAILURE" OF ITS STRATEGY TO SUPPORT THE PRIVATE SECTOR" can’t support the private sector because in Iraq alone there is no private sector, get it? The private sector comes from outside investors coming into Iraq with there money to invest in shopping malls, restaurants, shops, manufacturing, etc. These investors do want to come in without an easy, non-corrupt way to transfer capital and profits in and out of Iraq. Currently they can not do this for fear of it being stolen and disappearing. Also there are still laws from the Saddam period that prohibit land ownership etc., that must change. Iraq must get with the 21st century...
10-2-2020 Intel Guru Footforward [How fast do you think it will go up from 1:1 ? Meaning how long for $3-$4 per dinar?] My opinion. Not financial or investment advice. It can't come out at one to one. It has to be over 3...At 3 dollars a million dinar is worth 3 million...they will trade dinar for USD in country at a one to one rate to get them off the street. Don't confuse that with the rate we exchange at...between 3 and 4.80 in my opinion...I'm still looking for the Boom with eyes on Iran.
10-2-2020 Newshound Guru Pimpy 6 missiles were launched. This is on the heals of Al-Kazemi trying to talk Mike Pompeo and them out of closing the U.S. embassy and now other embassies internationally are talking about closing. This is all bad. All of this is bad for Iraq. If the embassies start closing that means they don't feel secure there. That means it's unstable and this is a hug major blow to what we're trying to achieve both short term and long term...I'm watching the country unite to stop this.
10-2-2020 Intel/Newshound Guru tman23 ...I take you back to this old article quote. "THE NEW CURRENCY MUST CONE FIRST AS A PRECURSOR TO THE OLD AND REMOVING THE 3 ZEROES" .... In Iraq the central bank will send change to the finance minister he will forward it to the President ... The above quote has always been a wonder to a LOP or if there will be a short period of time for an exchange including the 3 zeros with a new rate .... sept 28 and on Iraq always got hot on the currency issue , they did back in 2012 when they were going to do it but Shabibi had an arrest warrant out on him...GET READY FOR RED OCTOBER...NOT THE MOVIE...MORE TO THIS STORY AS IT BEGINS.
10-2-2020 Newshound Guru Kaperoni ...a LOP is not something that the Central Bank of Iraq can just do... it requires parliamentary approval because it changes the face value of the banknotes. Personally, I do not think a LOP (redenomination) is the plan. There is too much talk about floating the currency and allowing it to at least initially to devalue to save money. This is not what investors want to hear...But I expect Iraq to follow the IMF directives. As the IMF said...send a positive message to the investor community and facilitate a favorable business climate.
10-2-2020 Intel Guru Frank26 The last five days all they talk about is the exchange rate of the Iraqi dinar... "no Frank, they said they are going to decrease the value of the Iraqi dinar?" The translation isn't proper. The wording is wrong...what they're doing is they're going to decrease the 3 zeros from the exchange rate to add value to the currency of the Iraqi dinar...
10-2-2020 Intel Guru RayRen98 Article: "The Central Bank of Iraq decided, and based on the minutes of the Currency Affairs Committee meeting No. (6) for the year 2020 held on 9/23/2020" Quote: "Re-impose a shortage fine on the small denominations ( 1000 , 500 , 250 ), starting from the date of 1/10/2020 and according to the instructions of the standards for circulation and replacement of banknotes, and the mechanisms of counting and sorting." Reportedly, Iraqi banks are receiving new 250, 500 and 1,000 dinar notes and are using advertising to encourage hoarders to deposit their money with added emphasis on reading the "Special Instructions".
10-2-2020 Intel/Newshound Guru Frank26 ..the reason we don't have the new exchange rate...is because of Iran and anything associated with Iran...
10-2-2020 Intel Guru Bruce ...we also heard that the IMF and United Nations both encouraged Iraq to go ahead and celebrate their new revalued Dinar...this coming Saturday...So we understand that rate is known internationally – however – we tend not to bring something from Iraq that’s known in Iraq or Middle East or internationally here to the United States until we are ready to go - and that is probably the situation now...Basically we are in the process – it did start – It’s coming east to west...we are looking at very early next week for our start... [post 2 of 2]
10-2-2020 Intel Guru Bruce [via WiserNow] What we’re hearing is very encouraging and yes today is the first day of the new fiscal year – first day of the 4th quarter of the calendar year and it is the first day where we have the Quantum Financial System completely autonomous apart from the SWIFT System...Now – Iraq...was to put out their new international rate on the Iraqi Dinar – We got that information yesterday that it yes in fact had happened - that was out...Now we also heard there was an international rate established that even in country – in... Iraq – was even a little higher than what Shabibi predicted the Dinar could support in US dollars - so that was encouraging... [post 1 of 2....stay tuned]
10-2-2020 Newshound Guru Kaperoni [So if it’s a LOP, my 3,500,000 Dinar is worthless.] No, if they were to LOP it would be a neutral event. No loss, no gain. And the dinar can always appreciate thereafter.
10-2-2020 Newshound/Intel Guru Mnt Goat Article: "PLANNING ACKNOWLEDGES THE "FAILURE" OF ITS STRATEGY TO SUPPORT THE PRIVATE SECTOR" can’t support the private sector because in Iraq alone there is no private sector, get it? The private sector comes from outside investors coming into Iraq with there money to invest in shopping malls, restaurants, shops, manufacturing, etc. These investors do want to come in without an easy, non-corrupt way to transfer capital and profits in and out of Iraq. Currently they can not do this for fear of it being stolen and disappearing. Also there are still laws from the Saddam period that prohibit land ownership etc., that must change. Iraq must get with the 21st century...
10-2-2020 Intel Guru Footforward [How fast do you think it will go up from 1:1 ? Meaning how long for $3-$4 per dinar?] My opinion. Not financial or investment advice. It can't come out at one to one. It has to be over 3...At 3 dollars a million dinar is worth 3 million...they will trade dinar for USD in country at a one to one rate to get them off the street. Don't confuse that with the rate we exchange at...between 3 and 4.80 in my opinion...I'm still looking for the Boom with eyes on Iran.
10-2-2020 Newshound Guru Pimpy 6 missiles were launched. This is on the heals of Al-Kazemi trying to talk Mike Pompeo and them out of closing the U.S. embassy and now other embassies internationally are talking about closing. This is all bad. All of this is bad for Iraq. If the embassies start closing that means they don't feel secure there. That means it's unstable and this is a hug major blow to what we're trying to achieve both short term and long term...I'm watching the country unite to stop this.
10-2-2020 Intel/Newshound Guru tman23 ...I take you back to this old article quote. "THE NEW CURRENCY MUST CONE FIRST AS A PRECURSOR TO THE OLD AND REMOVING THE 3 ZEROES" .... In Iraq the central bank will send change to the finance minister he will forward it to the President ... The above quote has always been a wonder to a LOP or if there will be a short period of time for an exchange including the 3 zeros with a new rate .... sept 28 and on Iraq always got hot on the currency issue , they did back in 2012 when they were going to do it but Shabibi had an arrest warrant out on him...GET READY FOR RED OCTOBER...NOT THE MOVIE...MORE TO THIS STORY AS IT BEGINS.
10-2-2020 Newshound Guru Kaperoni ...a LOP is not something that the Central Bank of Iraq can just do... it requires parliamentary approval because it changes the face value of the banknotes. Personally, I do not think a LOP (redenomination) is the plan. There is too much talk about floating the currency and allowing it to at least initially to devalue to save money. This is not what investors want to hear...But I expect Iraq to follow the IMF directives. As the IMF said...send a positive message to the investor community and facilitate a favorable business climate.
10-2-2020 Intel Guru Frank26 The last five days all they talk about is the exchange rate of the Iraqi dinar... "no Frank, they said they are going to decrease the value of the Iraqi dinar?" The translation isn't proper. The wording is wrong...what they're doing is they're going to decrease the 3 zeros from the exchange rate to add value to the currency of the Iraqi dinar...
10-2-2020 Intel Guru RayRen98 Article: "The Central Bank of Iraq decided, and based on the minutes of the Currency Affairs Committee meeting No. (6) for the year 2020 held on 9/23/2020" Quote: "Re-impose a shortage fine on the small denominations ( 1000 , 500 , 250 ), starting from the date of 1/10/2020 and according to the instructions of the standards for circulation and replacement of banknotes, and the mechanisms of counting and sorting." Reportedly, Iraqi banks are receiving new 250, 500 and 1,000 dinar notes and are using advertising to encourage hoarders to deposit their money with added emphasis on reading the "Special Instructions".
10-1-2020 Newshound/Intel Guru Mnt Goat I still hold the FACTS that they are telling us the CBI is planning for an early January 2021 reinstatement of the dinar but again I am also saying that unless we begin to see some signs soon of the “project to delete the zeros” we can move on to another target. This project to delete the zeros is not something they will just do and not tell the citizens they are planning to do it. It will take time and much coordination. It may take a month or two to do. This is why, when the time comes, they cannot hide it from us. ...It will be in the daily written news from Iraq and something we can verify...
10-1-2020 Intel Guru Delta Article: "Iraq: the government is compelled to "delete the zeros" from the dinar currency ... more than "3 scenarios" are expected that will affect salaries and living" THERE IT'S...VERY CLEAR NOW AWESOME NEWS.
10-1-2020 Intel Guru RayRen98 Reportedly, Iraqi President Barham Salih was on Iraqi TV stating that there are three plans for reducing the rate of the dinar and deleting the 3 zeros. One of those will be chosen soon.
10-1-2020 Newshound Guru Kaperoni Several articles today about LOPing the dinar. We have said numerous times that this is a possibility. [I know this can be an option, but I believe it's a slim chance based on most of the other articles from CBI. Do you agree, Kap?] It would take parliament approval and therefore we are watching for such action. In an article last evening, the prime minister's reform paper to be submitted to parliament has been postponed until mid-October. If so, we won't see anything being done until then. With all the recent talk about deleting the zeros, it is concerning a LOP is in this reform.
10-1-2020 Newshound Guru Pimpy ...A couple days ago or so we had an article in which the IMF was suggesting that Iraq do a reduction on the exchange rate. That's good for us. We got other news. Article "Iraq: the government is compelled to "delete the zeros" from the dinar currency..." ...This person is suggesting that...they go ahead and devalue the currency. This scenario is not good for us. We want them to reduce the exchange rate. We do not want them to reduce the value of the actual dinar...this has been studied. This has been talked about several times....the studies show is you can't do that [devalue the currency]. It effects the poor people...in addition to that it'll cause the citizens of the country to lose faith in their currency because it has no value...this article here is an economic expert saying that this is what the Iraqi government should do. The other article is the IMF saying this is what they want done...a reduction in the exchange rate. That's good for us.
10-1-2020 Newshound Guru Jeff ...we have not seen article talking about deleting the zeros this whole year. This week alone we've seen two of them. That's good. That's encouraging. But these are actually talking about a LOP which is removing zeros off the physical notes which is a devaluation of their currency. Not an increase...This information is not from the Central Bank. It's from private news groups which means the people sharing - this information is their opinion. Unless this type of information is from the Central Bank we don't care...
10-1-2020 Intel Guru Bruce [via WiserNow] ...only very few people know what the rate is on the new Iraqi Dinar but we have a rough idea – I think based on what Dr Shabibi said when he was here back in 2012 – if you remember that particular meeting he said that the Dinar was capable of sustaining at XX dollars and you remember what that was – I think we could be there or higher here for this country...rates are going to be fine ...
10-1-2020 Newshound/Intel Guru Mnt Goat Article: "THE CENTRAL BANK CONFIRMS THE IMMINENT LAUNCH OF THE TERMS OF THE BANKING SECTOR REFORM PAPER" I like the use of the words like “imminent and soon”. We know that this reform paper does include the project to delete the zeros...
10-1-2020 Newshound Guru MilitiaMan Article: "Trade and Communications discuss the implementation of the digital economy project" Get ready to be digital with a new system in place that will provide transparency. They say it is for a digital economy. Well, the last I checked the IQD is to be very big part of that equation. The taxes and tariffs at the borders will be digitized, block chain oriented. Just as they new IQD will be with the new print they talk about that will replace the 10k, 25k and 50k notes. There is change on the horizon and they will monitor it all along the way, 6 layers deep.. imo.. Look at the money at stake.. This country is about to explode in value. imo.
10-1-2020 Intel Guru Delta Article: "Iraq: the government is compelled to "delete the zeros" from the dinar currency ... more than "3 scenarios" are expected that will affect salaries and living" THERE IT'S...VERY CLEAR NOW AWESOME NEWS.
10-1-2020 Intel Guru RayRen98 Reportedly, Iraqi President Barham Salih was on Iraqi TV stating that there are three plans for reducing the rate of the dinar and deleting the 3 zeros. One of those will be chosen soon.
10-1-2020 Newshound Guru Kaperoni Several articles today about LOPing the dinar. We have said numerous times that this is a possibility. [I know this can be an option, but I believe it's a slim chance based on most of the other articles from CBI. Do you agree, Kap?] It would take parliament approval and therefore we are watching for such action. In an article last evening, the prime minister's reform paper to be submitted to parliament has been postponed until mid-October. If so, we won't see anything being done until then. With all the recent talk about deleting the zeros, it is concerning a LOP is in this reform.
10-1-2020 Newshound Guru Pimpy ...A couple days ago or so we had an article in which the IMF was suggesting that Iraq do a reduction on the exchange rate. That's good for us. We got other news. Article "Iraq: the government is compelled to "delete the zeros" from the dinar currency..." ...This person is suggesting that...they go ahead and devalue the currency. This scenario is not good for us. We want them to reduce the exchange rate. We do not want them to reduce the value of the actual dinar...this has been studied. This has been talked about several times....the studies show is you can't do that [devalue the currency]. It effects the poor people...in addition to that it'll cause the citizens of the country to lose faith in their currency because it has no value...this article here is an economic expert saying that this is what the Iraqi government should do. The other article is the IMF saying this is what they want done...a reduction in the exchange rate. That's good for us.
10-1-2020 Newshound Guru Jeff ...we have not seen article talking about deleting the zeros this whole year. This week alone we've seen two of them. That's good. That's encouraging. But these are actually talking about a LOP which is removing zeros off the physical notes which is a devaluation of their currency. Not an increase...This information is not from the Central Bank. It's from private news groups which means the people sharing - this information is their opinion. Unless this type of information is from the Central Bank we don't care...
10-1-2020 Intel Guru Bruce [via WiserNow] ...only very few people know what the rate is on the new Iraqi Dinar but we have a rough idea – I think based on what Dr Shabibi said when he was here back in 2012 – if you remember that particular meeting he said that the Dinar was capable of sustaining at XX dollars and you remember what that was – I think we could be there or higher here for this country...rates are going to be fine ...
10-1-2020 Newshound/Intel Guru Mnt Goat Article: "THE CENTRAL BANK CONFIRMS THE IMMINENT LAUNCH OF THE TERMS OF THE BANKING SECTOR REFORM PAPER" I like the use of the words like “imminent and soon”. We know that this reform paper does include the project to delete the zeros...
10-1-2020 Newshound Guru MilitiaMan Article: "Trade and Communications discuss the implementation of the digital economy project" Get ready to be digital with a new system in place that will provide transparency. They say it is for a digital economy. Well, the last I checked the IQD is to be very big part of that equation. The taxes and tariffs at the borders will be digitized, block chain oriented. Just as they new IQD will be with the new print they talk about that will replace the 10k, 25k and 50k notes. There is change on the horizon and they will monitor it all along the way, 6 layers deep.. imo.. Look at the money at stake.. This country is about to explode in value. imo.
9-30-2020 Newshound/Intel Guru Mnt Goat Article: "MAZHAR MUHAMMAD SALEH: THE GOVERNMENT CONCLUDED NEARLY 19,000 CONTRACTING CONTRACTS WORTH $ 100 BILLION" So how will they transfer funds effectively to support all these projects? Good question if they don’t have a tradable/international currency.
9-30-2020 Intel Guru Bruce [via WiserNow] ...we do know that in Iraq – in a 20 mile zone – between the Iranian border and Iraq – in that zone – in North Kurdistan – we know that there were about 2800 people arrested in a day’s period of time by sunset yesterday - Taken in custody – and that cleared the way I believe for traffic to be proper between Iran and Iraq on the Norther Border...and then also we’ve heard that Kurdistan is saying that they’re open for business – Internationally – that’s significant...
9-30-2020 Intel Guru Footforward ...It's still my opinion that Trump would like to get this done before the election. We may potentially be waiting on a peace deal involving the US , Israel and Iraq ...I'm watching Iran and expecting another SIGNIFICANT strike.
9-30-2020 Newshound Guru Adam Montana ...Dinar is still looking very positive, and everything I talked about last week just keeps building on itself and more good stuff is adding to the pile of "amazing" potential for a *soon* RV... Go Iraq, GO RVVV!!! [reference Adam Montana post 1 and 2, 9-23-2020]
9-30-2020 Newshound Guru Pimpy ...try not to get overly emotional with any news that any of us are reporting. It's speculative...It's only my opinion that the talk of a rate change, if it's going to happen, it's going happen in the 2021 budget. If it happens sooner then great. There's no indication that that's happening. So far all we know about the 2020 budget is it's covering salaries as well as the operation expense and nothing more. We are aware that the reform papers do have the exchange rate chat in there but we don't know what that means. Hopefully we will find out soon.
9-30-2020 Intel Guru MarkZ [via PDK] Other than more positive chatter out of Iraq…there has been no movement...I am positive we have an end date…everything is planned…we are just waiting out the last few days…trying to get over the hump.
9-30-2020 Intel Guru Bruce [via WiserNow] ...last Thursday...we thought...we could go anytime this week Tuesday/Wednesday/Thursday was the general feel – its’ looking very good still...We are looking at the possibility...from some sources - get notification on Wednesday...but the very real possibility of going and starting on Thursday...which is October 1st...realistically – I think we should set our sights for Thursday Oct 1st... However...we believe since the Iraqi Dinar [has] been talked about over in Iraq on television...all over TV the last couple of days – that the Dinar would change its value Wednesday...So there’s some really good signs that are pointing toward this going...
9-30-2020 Newshound Guru Jeff ...it almost looks and shows that this national day that they're creating as of October 3rd that there's a good chance that they're almost declaring it as a national historical marker for Iraq...
9-30-2020 Intel Guru Frank26 ...I do believe there is going to be a very important step...within this week. The month of September is still alive. Let's put it this way, I'm interested in what will happen between tomorrow and the 10th of next month...
9-30-2020 Newshound/Intel Guru Mnt Goat Article: "THE CENTRAL BANK HOLDS A MEETING WITH THE IRAQI BANKING SECTOR" Quote: “the importance of developing banking services and products in the next stage." So, what does this mean? To me it means that when they end the currency auctions the banks will need other means of generating revenues to survive. Right now, they rely on nearly 90% of their bank revenue from the spread $$ from the currency auctions. To end the auctions, the CBI must find other means for the banks to survive and profit. They also need a plan to get the salaries into the bank to create liquidity for loans, etc. So, this is all good news, however we have been hearing this for years already but nothing is ever done about it. Let’s hope it’s different this time.
9-30-2020 Newshound Guru Kaperoni Information...is stating the US is closing it's embassy in Baghdad. It has also been stated if the US Embassy is closing there will be sanctions on the Central Bank of Iraq as a result. This certainly could affect Iraq's monetary policy.
9-30-2020 Intel Guru Bruce [via WiserNow] ...we do know that in Iraq – in a 20 mile zone – between the Iranian border and Iraq – in that zone – in North Kurdistan – we know that there were about 2800 people arrested in a day’s period of time by sunset yesterday - Taken in custody – and that cleared the way I believe for traffic to be proper between Iran and Iraq on the Norther Border...and then also we’ve heard that Kurdistan is saying that they’re open for business – Internationally – that’s significant...
9-30-2020 Intel Guru Footforward ...It's still my opinion that Trump would like to get this done before the election. We may potentially be waiting on a peace deal involving the US , Israel and Iraq ...I'm watching Iran and expecting another SIGNIFICANT strike.
9-30-2020 Newshound Guru Adam Montana ...Dinar is still looking very positive, and everything I talked about last week just keeps building on itself and more good stuff is adding to the pile of "amazing" potential for a *soon* RV... Go Iraq, GO RVVV!!! [reference Adam Montana post 1 and 2, 9-23-2020]
9-30-2020 Newshound Guru Pimpy ...try not to get overly emotional with any news that any of us are reporting. It's speculative...It's only my opinion that the talk of a rate change, if it's going to happen, it's going happen in the 2021 budget. If it happens sooner then great. There's no indication that that's happening. So far all we know about the 2020 budget is it's covering salaries as well as the operation expense and nothing more. We are aware that the reform papers do have the exchange rate chat in there but we don't know what that means. Hopefully we will find out soon.
9-30-2020 Intel Guru MarkZ [via PDK] Other than more positive chatter out of Iraq…there has been no movement...I am positive we have an end date…everything is planned…we are just waiting out the last few days…trying to get over the hump.
9-30-2020 Intel Guru Bruce [via WiserNow] ...last Thursday...we thought...we could go anytime this week Tuesday/Wednesday/Thursday was the general feel – its’ looking very good still...We are looking at the possibility...from some sources - get notification on Wednesday...but the very real possibility of going and starting on Thursday...which is October 1st...realistically – I think we should set our sights for Thursday Oct 1st... However...we believe since the Iraqi Dinar [has] been talked about over in Iraq on television...all over TV the last couple of days – that the Dinar would change its value Wednesday...So there’s some really good signs that are pointing toward this going...
9-30-2020 Newshound Guru Jeff ...it almost looks and shows that this national day that they're creating as of October 3rd that there's a good chance that they're almost declaring it as a national historical marker for Iraq...
9-30-2020 Intel Guru Frank26 ...I do believe there is going to be a very important step...within this week. The month of September is still alive. Let's put it this way, I'm interested in what will happen between tomorrow and the 10th of next month...
9-30-2020 Newshound/Intel Guru Mnt Goat Article: "THE CENTRAL BANK HOLDS A MEETING WITH THE IRAQI BANKING SECTOR" Quote: “the importance of developing banking services and products in the next stage." So, what does this mean? To me it means that when they end the currency auctions the banks will need other means of generating revenues to survive. Right now, they rely on nearly 90% of their bank revenue from the spread $$ from the currency auctions. To end the auctions, the CBI must find other means for the banks to survive and profit. They also need a plan to get the salaries into the bank to create liquidity for loans, etc. So, this is all good news, however we have been hearing this for years already but nothing is ever done about it. Let’s hope it’s different this time.
9-30-2020 Newshound Guru Kaperoni Information...is stating the US is closing it's embassy in Baghdad. It has also been stated if the US Embassy is closing there will be sanctions on the Central Bank of Iraq as a result. This certainly could affect Iraq's monetary policy.
9-29-2020 Intel Guru Frank26 & Newshound/Intel Guru Walkingstick ...if you take the Financial Law is the law of the Financial Reform...the new exchange rate is in the law...the financial reform...also contains the HCL along with the new rate, along with the new date when the rate will be released. We have been calling these Financial Reform papers the white papers.
9-29-2020 Newshound/Intel Guru Mnt Goat All the news coming out of Iraq is positive. It is all about two important topics mostly namely fighting their corruption and reforming the banking sector. We already know that almost all of the efforts are completed to bring Iraq online to the international community. This is coming soon. Hang in a bit longer...They are still moving towards an early January 2021 reinstatement.
9-29-2020 Intel Guru MarkZ [via PDK] The chatter out of Iraq has just been fantastic…the lower denominations…the movement on corruptions…so much great chatter out of there... My Iraqi contacts are very excited…thinking we will see it over the next week or so …Lots of international contacts are looking at Oct. 1st. It’s 2 days away and they better get awfully busy for that to happen... Bankers are still stuck in position…they do not want them to leave...I believe we are still close. I wish I had more for you but they have done a good job cracking down on leaks.
9-29-2020 Intel Guru Frank26 ...They [Iraqi people] are finally realizing, 'my goodness gracious, we have a prime minister that is finally helping us. We have a chance. They are telling us they are going to change the exchange rate. You can say it's a rumor but it's not a rumor. They are telling us and we're talking about it everywhere.' You go have a hookah, hair cuts, we go to the mosque, everywhere we talk about this.'
9-29-2020 Newshound/Intel Guru Petra ...we haven't seen the reform papers yet and we haven't seen the budget yet because they all have to do with the rate...what else needs to happen? We need to see the rate. And now this International day coming on the 3rd...I think we're at the end of the train finally...I think this next week is going to be quite exciting...
9-29-2020 Newshound Guru Jeff Article "Iraqi government proposes October 3 National Day" ...this new national holiday is to give Iraq official and international recognition for the establishment of Iraq being an independent Iraqi state. That's the purpose of this new holiday for it being renamed from Independence Day to now National Day. On October 3rd. This coming Saturday...This has nothing to do with the rate change. Something of interest.
9-29-2020 Newshound Guru Pimpy ...ever since Al-Kazemi has been in office we've seen huge strives. Not very many if any back-steps. Most of them have all been positive. There's a reason to feel very optimistic about what's going on...
9-29-2020 Newshound/Intel Guru Mnt Goat All the news coming out of Iraq is positive. It is all about two important topics mostly namely fighting their corruption and reforming the banking sector. We already know that almost all of the efforts are completed to bring Iraq online to the international community. This is coming soon. Hang in a bit longer...They are still moving towards an early January 2021 reinstatement.
9-29-2020 Intel Guru MarkZ [via PDK] The chatter out of Iraq has just been fantastic…the lower denominations…the movement on corruptions…so much great chatter out of there... My Iraqi contacts are very excited…thinking we will see it over the next week or so …Lots of international contacts are looking at Oct. 1st. It’s 2 days away and they better get awfully busy for that to happen... Bankers are still stuck in position…they do not want them to leave...I believe we are still close. I wish I had more for you but they have done a good job cracking down on leaks.
9-29-2020 Intel Guru Frank26 ...They [Iraqi people] are finally realizing, 'my goodness gracious, we have a prime minister that is finally helping us. We have a chance. They are telling us they are going to change the exchange rate. You can say it's a rumor but it's not a rumor. They are telling us and we're talking about it everywhere.' You go have a hookah, hair cuts, we go to the mosque, everywhere we talk about this.'
9-29-2020 Newshound/Intel Guru Petra ...we haven't seen the reform papers yet and we haven't seen the budget yet because they all have to do with the rate...what else needs to happen? We need to see the rate. And now this International day coming on the 3rd...I think we're at the end of the train finally...I think this next week is going to be quite exciting...
9-29-2020 Newshound Guru Jeff Article "Iraqi government proposes October 3 National Day" ...this new national holiday is to give Iraq official and international recognition for the establishment of Iraq being an independent Iraqi state. That's the purpose of this new holiday for it being renamed from Independence Day to now National Day. On October 3rd. This coming Saturday...This has nothing to do with the rate change. Something of interest.
9-29-2020 Newshound Guru Pimpy ...ever since Al-Kazemi has been in office we've seen huge strives. Not very many if any back-steps. Most of them have all been positive. There's a reason to feel very optimistic about what's going on...
9-28-2020 Newshound Guru Jeff Article: "Parliament Finance expects the 2020 budget to arrive in Parliament in two days" They're telling you they have not shown or revealed the numbers publicly...IMO they have to hide the figures of the budgets because it's pretty much calculated in the billions not trillions because it's calculated off the rate change. Budgets don't contain rates. Budgets are calculated off the rate change. When the rate changes the budget transitions from trillions of dinar down to billions of dinar. That's the deletion of the zeros off the rate...they're hiding the budget figures because it's going to be calculated in billions not trillion and it's to hide the freaking rate change... everything is lining up right before your eyes.
9-28-2020 Newshound Guru Pimpy ...the last 24 hours have been very interesting...we're still hearing news about the Iraqi dinar exchange rate...We know they're talking about the exchange rate. Hell they even came out so far as to say they needed to decrease the exchange rate...decreasing the rate helps those individuals who hold on to dinar...they're saying decrease the number of dinars you get for every U.S dollar [Which is good for us]...until they do anything with their rate change we have no idea of what's really going to happen...even if they decrease the rate we don't know about how much...that's why I want people to say grounded. All of this is good news. We like it...
9-28-2020 Newshound Guru MilitiaMan If the recent article talking about balancing the banking policy has anything to do with this, which, imo it surely does, it talks about using a balance of payments between the Dinar and the US Dollar...We can see there is an apparent change coming. We are hearing that Media yesterday was telling the citizens a change in rate was to be expected now. Articles from the banking sector and the GOI support that! In fact economists, the CBI Gov and the PM have piped in on the matter!! Times are looking very good! There are other peripheral things on going that also support that the CBI is about to talk terms!! Imo. [post 2 of 2]
9-28-2020 Newshound Guru MilitiaMan Article: "The Central Bank: The reform paper for the banking sector will be launched soon" Quote: "The Central Bank of Iraq announced, on Sunday, that the terms of the reform paper will be imminent for the banking sector." The theme in this imo is the wording “Terms”. Recall last week...there were two large energy companies working on agreements to provide electricity. Both GE and Siemens were telling us they have projects but they couldn’t yet disclose the terms... Here...the CBI is gearing to expose the terms of the reforms paper. Terms are at what rate the banking sector will be using to advance it’s current reality. Similar to the terms the two companies could talk about!! [post 1 of 2....stay tuned]
9-28-2020 Intel Guru MarkZ [via PDK] We are still hearing very positive things out of Iraq...The middle east is very positive that we will soon get a new rate this week. Things still appear to be sitting on the precipice.
9-28-2020 Newshound Guru Jeff Article: "Concerning the currency, salaries and commodity prices ... 10 economic measures and 'radical' financial changes that Iraq is expected to implement next year" ...number one is huge. Quote: "1. Decrease the national currency exchange rate." They're telling you they're going to decrease the national currency exchange rate. When they decrease the rate it actually increases the value of the currency...Iraq will never tell you the year they're going to do that step. So the fact that they're telling you '21 disregard that part of the article because they will never tell you the truth when they plan to physically increase the value of their currency...
9-28-2020 Newshound Guru Pimpy Article: "Concerning the currency and commodity prices...10 economic measures and "radical" financial changes that Iraq is expected to implement next year". That's 2021. It's the International Monetary Fund. This is their reforms. They're talking about decreasing the national rate...I say we need to slow down even though this is good news. We don't know how much that rate is. Considering it is the IMF I'm always hesitant. Of course Any decrease is good. But [Hypothetically] if they went from giving us 1190 Iraqi dinars to all of a sudden giving us 1700 dinars sure all you guys would be be like Yay! But it's not that big of a deal. It's just a slight increase...there you have it. This is what they want to implement in 2021...talk of decreasing the rate is here...it looks good. [Post 2 of 2]
9-28-2020 Newshound Guru Pimpy Right now for 1 American dollar you can get 1190 Iraqi dinar...if that number [1190] increases that means the value of the dinar is going down. That's not good...if that number [1190] decreases that means the value of the dinar is rising against the U.S. dollar...we want to see that number decrease...a lot of people get this mixed up. Most of us have bought the Iraqi dinar at this rate - 1190 Iraqi dinar for 1 U.S. dollar. Any kind of decrease...is a monetary gain for us. That's good. That's what we want. [Post 1 of 2....stay tuned]
9-28-2020 Intel Guru RayRen98 Weekend UPDATE...SUNDAY Iraqi TV has been broadcasting the CBI governor announcing the launch of the paper reforms for the currency of Iraq coming to the banking sector soon. This broadcast has been on a continuous "news loop" throughout the day.
9-28-2020 Newshound Guru Pimpy ...the last 24 hours have been very interesting...we're still hearing news about the Iraqi dinar exchange rate...We know they're talking about the exchange rate. Hell they even came out so far as to say they needed to decrease the exchange rate...decreasing the rate helps those individuals who hold on to dinar...they're saying decrease the number of dinars you get for every U.S dollar [Which is good for us]...until they do anything with their rate change we have no idea of what's really going to happen...even if they decrease the rate we don't know about how much...that's why I want people to say grounded. All of this is good news. We like it...
9-28-2020 Newshound Guru MilitiaMan If the recent article talking about balancing the banking policy has anything to do with this, which, imo it surely does, it talks about using a balance of payments between the Dinar and the US Dollar...We can see there is an apparent change coming. We are hearing that Media yesterday was telling the citizens a change in rate was to be expected now. Articles from the banking sector and the GOI support that! In fact economists, the CBI Gov and the PM have piped in on the matter!! Times are looking very good! There are other peripheral things on going that also support that the CBI is about to talk terms!! Imo. [post 2 of 2]
9-28-2020 Newshound Guru MilitiaMan Article: "The Central Bank: The reform paper for the banking sector will be launched soon" Quote: "The Central Bank of Iraq announced, on Sunday, that the terms of the reform paper will be imminent for the banking sector." The theme in this imo is the wording “Terms”. Recall last week...there were two large energy companies working on agreements to provide electricity. Both GE and Siemens were telling us they have projects but they couldn’t yet disclose the terms... Here...the CBI is gearing to expose the terms of the reforms paper. Terms are at what rate the banking sector will be using to advance it’s current reality. Similar to the terms the two companies could talk about!! [post 1 of 2....stay tuned]
9-28-2020 Intel Guru MarkZ [via PDK] We are still hearing very positive things out of Iraq...The middle east is very positive that we will soon get a new rate this week. Things still appear to be sitting on the precipice.
9-28-2020 Newshound Guru Jeff Article: "Concerning the currency, salaries and commodity prices ... 10 economic measures and 'radical' financial changes that Iraq is expected to implement next year" ...number one is huge. Quote: "1. Decrease the national currency exchange rate." They're telling you they're going to decrease the national currency exchange rate. When they decrease the rate it actually increases the value of the currency...Iraq will never tell you the year they're going to do that step. So the fact that they're telling you '21 disregard that part of the article because they will never tell you the truth when they plan to physically increase the value of their currency...
9-28-2020 Newshound Guru Pimpy Article: "Concerning the currency and commodity prices...10 economic measures and "radical" financial changes that Iraq is expected to implement next year". That's 2021. It's the International Monetary Fund. This is their reforms. They're talking about decreasing the national rate...I say we need to slow down even though this is good news. We don't know how much that rate is. Considering it is the IMF I'm always hesitant. Of course Any decrease is good. But [Hypothetically] if they went from giving us 1190 Iraqi dinars to all of a sudden giving us 1700 dinars sure all you guys would be be like Yay! But it's not that big of a deal. It's just a slight increase...there you have it. This is what they want to implement in 2021...talk of decreasing the rate is here...it looks good. [Post 2 of 2]
9-28-2020 Newshound Guru Pimpy Right now for 1 American dollar you can get 1190 Iraqi dinar...if that number [1190] increases that means the value of the dinar is going down. That's not good...if that number [1190] decreases that means the value of the dinar is rising against the U.S. dollar...we want to see that number decrease...a lot of people get this mixed up. Most of us have bought the Iraqi dinar at this rate - 1190 Iraqi dinar for 1 U.S. dollar. Any kind of decrease...is a monetary gain for us. That's good. That's what we want. [Post 1 of 2....stay tuned]
9-28-2020 Intel Guru RayRen98 Weekend UPDATE...SUNDAY Iraqi TV has been broadcasting the CBI governor announcing the launch of the paper reforms for the currency of Iraq coming to the banking sector soon. This broadcast has been on a continuous "news loop" throughout the day.
9-27-2020 Intel Guru Delta Article: "The Central Bank: The reform paper for the banking sector will be launched soon" Quotes: "The Central Bank of Iraq announced, on Sunday, that the terms of the reform paper will be imminent for the banking sector."; "the future vision of the work of the Central Bank of Iraq was presented in light of the economic crisis" ANOTHER HUGE ONE...THERE IT'S FROM CBI...THIS NEW GOV IS AMAZING NOT WASTING ANY TIME AT ALL...
9-27-2020 Newshound Guru MilitiaMan Article: "Viet Nam strives towards building digital government" Sounds like the timing of things seems to coordinate with other countries. What is not to like bout this..? imo Nothing...lol. The similarities are not random chance. The new QFS is to be a global thing and a transparent one. Let’s not forget the USA put into effect the FIMA and the CML back in April. VN was on the CML list of countries for currency manipulation. Something that the USA has been quiet about since...This may be the time we see the results of the CML at work. A reasonable amount of time to get in line has passed it seems...imo.
9-27-2020 Newshound Guru Pimpy ...there's something definitely coming up in October. It's one thing when gold bugs and silver bugs talk about stuff that's going to happen and currency investors take about something that's going to happen and crypto people talk about something that's going to happen but now all of them are intersecting. Everything is pointing to something major happening in October. People are talking about things that are happening in the crypto world happening in October. Gold & silver bugs are talking about the IMF meeting happening in October. We know the talk of a Global Currency Reset has been kind of from time to time touching on something happening in October. I have a feeling all of them are tied into one another...
9-27-2020 Newshound Guru Jeff Article: "After the National Day .. A new law in Iraq to reduce a month of holidays" Here they're telling you they're going to reduce the amount of holidays that are observed in the country of Iraq...they're telling you they're implementing the reforms after the national holiday which is 10-3. Quote "...the third of October as a national holiday for Iraq, noting that Iraq has become on this day an independent state." That is huge - that Iraq is going to be declared an independent state. That's a very meaningful statement.
9-27-2020 Intel Guru Austin-Powers-for-PM [...alot of people over the years have said if the Dinar is going to RV/RI it has to happen on a Sunday...] I can tell you with great assurance what you have been told is not true. The RV/RI can happen at any time of the day or week. This is an event-driven process where things have to happen that we don't see and can't get access to other than news reports and prophecies. Remember, the RV will happen when it happens and not one second earlier.
9-27-2020 Newshound Guru Jeff ...the fiscal year has transitioned because Iraq is now exiting the Chapter 7 sanctions of the U.N. They are transitioning back to their historical former fiscal year of April through March and leaving their formal year while they were under the Chapter 7 sanctions which is the U.S. calendar of January through December.
9-27-2020 Newshound Guru Kaperoni ...news out of Iraq for six days in a row was about...strengthening the dinar...Strengthening the dinar means to make the market rate (street rate) closer to the offical CBI rate. It has nothing to do with changing the official rate/exchange rate. Remember, the IMF has been calling for strengthening (2% or less spread) for years.
9-27-2020 Newshound Guru MilitiaMan Article: "Viet Nam strives towards building digital government" Sounds like the timing of things seems to coordinate with other countries. What is not to like bout this..? imo Nothing...lol. The similarities are not random chance. The new QFS is to be a global thing and a transparent one. Let’s not forget the USA put into effect the FIMA and the CML back in April. VN was on the CML list of countries for currency manipulation. Something that the USA has been quiet about since...This may be the time we see the results of the CML at work. A reasonable amount of time to get in line has passed it seems...imo.
9-27-2020 Newshound Guru Pimpy ...there's something definitely coming up in October. It's one thing when gold bugs and silver bugs talk about stuff that's going to happen and currency investors take about something that's going to happen and crypto people talk about something that's going to happen but now all of them are intersecting. Everything is pointing to something major happening in October. People are talking about things that are happening in the crypto world happening in October. Gold & silver bugs are talking about the IMF meeting happening in October. We know the talk of a Global Currency Reset has been kind of from time to time touching on something happening in October. I have a feeling all of them are tied into one another...
9-27-2020 Newshound Guru Jeff Article: "After the National Day .. A new law in Iraq to reduce a month of holidays" Here they're telling you they're going to reduce the amount of holidays that are observed in the country of Iraq...they're telling you they're implementing the reforms after the national holiday which is 10-3. Quote "...the third of October as a national holiday for Iraq, noting that Iraq has become on this day an independent state." That is huge - that Iraq is going to be declared an independent state. That's a very meaningful statement.
9-27-2020 Intel Guru Austin-Powers-for-PM [...alot of people over the years have said if the Dinar is going to RV/RI it has to happen on a Sunday...] I can tell you with great assurance what you have been told is not true. The RV/RI can happen at any time of the day or week. This is an event-driven process where things have to happen that we don't see and can't get access to other than news reports and prophecies. Remember, the RV will happen when it happens and not one second earlier.
9-27-2020 Newshound Guru Jeff ...the fiscal year has transitioned because Iraq is now exiting the Chapter 7 sanctions of the U.N. They are transitioning back to their historical former fiscal year of April through March and leaving their formal year while they were under the Chapter 7 sanctions which is the U.S. calendar of January through December.
9-27-2020 Newshound Guru Kaperoni ...news out of Iraq for six days in a row was about...strengthening the dinar...Strengthening the dinar means to make the market rate (street rate) closer to the offical CBI rate. It has nothing to do with changing the official rate/exchange rate. Remember, the IMF has been calling for strengthening (2% or less spread) for years.
9-26-2020 Newshound Guru MilitiaMan The idea of going out side of the this month yet seems a bit hasty... lol imo The change in the budget has not been exposed yet. Therefore, this is nowhere near over, imo in the short term, let alone going into next year. Lets not forget the 2019 FMLA.. Lets not also forget they can move or allocate the investment side of the budget to the operational side in a stroke of a pen.. All in recent articles, jmtc.
9-26-2020 Newshound Guru Pimpy ...if somebody in the position of power knew for a fact the date and the rate of any currency that was going to jump up in value like we expect the Iraqi dinar to do and they share that information, that's like insider trading information. That's a felony. That's big time trouble. That's illegal. Nobody is going to tell you...don't get me wrong the 'powers that be' or the elite or whatever the hell you want to call them, they do talk to one another...we know they share information that they shouldn't with each other...that's how the rich stay rich and the rest of us keep trying to put in the puzzle pieces...
9-26-2020 Newshound Guru Kaperoni Many economists have stated in the last few months Iraq should devalue the Iraqi dinar to reduce expenses during this difficult time. The problem is it also hurts the citizen and so officials have maintained stability at the current rate. Today former deputy CBI governor Muhammed Saleh once again reiterated that the Iraqi dinar may be devalued in the near future...If Iraq floats the currency under the current circumstances a devaluation is very possible. Iraq needs to pass laws and create a suitable business environment for foreign investment. Once that occurs the dinar should begin to gradually appreciate.
9-26-2020 Newshound Guru Pimpy Article: "Parliamentary Finance: Approval of the current year's budget will fulfill many demands" Obviously they've had a chance to review the reform papers...We know that the Finance Minister said talks about the exchange rate are in the reform papers but we don't know what that means. I don't want people to assume that 1. There's going to be a rate change. It's easy to make that assumption because they're talking about it... 2. We don't know what the rate is going to be...every time we hear talk about this we get all kinds of rumors...I've heard it as high as $15 which is totally ridiculous...everything is speculation. It's okay to feel optimistic about what's coming up but again just hang tight. Don't be surprised if they try to throw out a "sucker rate". One that looks half-ass tempted for you to turn in your dinar and then you turn it in then all of a sudden they release another rate a few month later that's much higher...It's not beyond people to do that. We shall see.
9-26-2020 Newshound Guru Pimpy ...if somebody in the position of power knew for a fact the date and the rate of any currency that was going to jump up in value like we expect the Iraqi dinar to do and they share that information, that's like insider trading information. That's a felony. That's big time trouble. That's illegal. Nobody is going to tell you...don't get me wrong the 'powers that be' or the elite or whatever the hell you want to call them, they do talk to one another...we know they share information that they shouldn't with each other...that's how the rich stay rich and the rest of us keep trying to put in the puzzle pieces...
9-26-2020 Newshound Guru Kaperoni Many economists have stated in the last few months Iraq should devalue the Iraqi dinar to reduce expenses during this difficult time. The problem is it also hurts the citizen and so officials have maintained stability at the current rate. Today former deputy CBI governor Muhammed Saleh once again reiterated that the Iraqi dinar may be devalued in the near future...If Iraq floats the currency under the current circumstances a devaluation is very possible. Iraq needs to pass laws and create a suitable business environment for foreign investment. Once that occurs the dinar should begin to gradually appreciate.
9-26-2020 Newshound Guru Pimpy Article: "Parliamentary Finance: Approval of the current year's budget will fulfill many demands" Obviously they've had a chance to review the reform papers...We know that the Finance Minister said talks about the exchange rate are in the reform papers but we don't know what that means. I don't want people to assume that 1. There's going to be a rate change. It's easy to make that assumption because they're talking about it... 2. We don't know what the rate is going to be...every time we hear talk about this we get all kinds of rumors...I've heard it as high as $15 which is totally ridiculous...everything is speculation. It's okay to feel optimistic about what's coming up but again just hang tight. Don't be surprised if they try to throw out a "sucker rate". One that looks half-ass tempted for you to turn in your dinar and then you turn it in then all of a sudden they release another rate a few month later that's much higher...It's not beyond people to do that. We shall see.
9-25-2020 Newshound Guru MilitiaMan Article: "KRG FINANCE AND ECONOMY RUNS FIRST CURRENCY EXCHANGE" Quotes: "After announcing plans to do so earlier this month, the Kurdistan Regional Government’s (KRG) Finance and Economy Ministry ran a currency exchange on Wednesday (September 23) in Erbil city."; "$35 million ($41.9 billion Iraqi dinars) was exchanged."; "On September 19, the ministry said it would exert greater control over the exchange of US dollars and Iraqi dinars in the Kurdistan Region, taking over responsibility for currency auctions from the Central Bank of Iraq." A change in pattern... Very good find...Nice to see the change, we know that for the next part of the reforms will require them to do this. The fees and taxation being strictly monitored, sounds like the new system is in place now.
9-25-2020 Newshound/Intel Guru Mnt Goat Article: "GOVERNOR OF THE CENTRAL BANK OF IRAQ: DEVELOPING A DELIBERATE BANKING PLAN TO STRENGTHEN THE NATIONAL CURRENCY" I need everyone to pay attention to what the new governor Al-Kitab is saying in this article. He did NOT say he was going to delete the zeros...at least not yet. However...another article from an economist also taking about the currency and he does talk about the project to delete the zeros. Yehhhhh! What does this all mean? This all means they are discussing the possibility and Al-Kitab may in fact also be considering it. This is the important part of today’s news about the currency in that finally once again they are talking about and discussing the timing of the project to delete the zeros. Why else would the economist just come out with a discussion on this topic...Why else would al-Kitab have this conversation? So we can be assured this is FACTUAL and they are planning to do something soon.
9-25-2020 Newshound Guru Pimpy Article: "With documents and names...Nouri al-Maliki's gangs control Iraq's banks and plunder currency auctions to finance Iran and Hezbollah" Whoever did this investigation they laid it out in extreme detail about what these guys did. They used the Central Bank of Iraq and the public currency auctions to funnel money through organizations and to fund money over to Iran...they plundered billions of dinars from these guys and it tells you in step-by-step how it was done...again this is Al-Kazemi putting the beat-down on making sure the corruption is being dealt with...where they go with Maliki is going to be very interesting...Al-Kazemi is the man. He is definitely getting stuff accomplished. It's awesome.
9-25-2020 Intel Guru Bruce [via WiserNow] ...it’s hard to say – the timing sometimes when you’re coming up on a weekend you don’t know whether it will go for us on a Fri/Sat – or whether it puts Monday into play – Right now we have to just go one day at a time – that is really the way we have to look at this...We are on an hour by hour basis – for the release to take place...There was not much to report on tonight because we are that close...
9-25-2020 Intel Guru Frank26 ...that now makes six days in a row of articles one after the other that talk about the Iraqi dinar exchange rate. It doesn't get any simpler than that. And when you look who's talking about it, the new governor...it's all good...
9-25-2020 Newshound/Intel Guru Mnt Goat Article: "PROCEDURE FOR THE CENTRAL BANK REGARDING THE GOVERNOR’S SIGNATURE ON THE IRAQI CURRENCY" trivial as it may be, at least they are now talking once again about the currency.
9-25-2020 Newshound Guru Pimpy ...there's a lot happening today...We know Trump is trying to broker peace in the Middle East. We know he's nowhere near done...We know that Iraq is going to be involved. Saudi Arabia is going to be involved. We know Kuwait's going to be involved. I told you don't be surprised if Afghanistan don't get in on this. The big ones are going to be Palestine...Trump has been talking to Iran and now it's starting to come out. That they're in the position to talk...I don't know how real it's gonna be but we're definitely gonna keep an eye on it...It's hard not to get excited about this. Love or hate Trump it doesn't matter, people have to be impressed with what this man so far has been able to accomplish. We'll see what kind of fruit it bears. Nonetheless this is awesome...
9-25-2020 Newshound Guru Jeff ...the reforms are in the budget and the budget is linked and married to the rate change... Article: "Parliamentary Finance: Approval of the current year's budget will fulfill many demands" ...pay attention to the 2020 budget. We told you it's linked to the reforms...that's why they're delaying and hiding the budget from you. The approval process of the 2020 budget cannot be started till after the rate has changed...we are tentatively looking for...approving the 2020 budget the week of October 4th...the 2020 budget is exactly like I told you. It's the catalyst in this...
9-25-2020 Intel Guru Frank26 The 2020 budget does have the program rate in it right now. But when the window opens for the 2020 budget to be complete it will introduce a new rate. It can certainly happen in these next three months IMO. The "operational budget" was recalculated a number of times. The exchange rate was recalculated over and over again...the 2020 has the new rate but the new calculation of the Iraqi dinar exchange rate are ready if this window opens...The key is Iran...When will that window open? I believe they have the security and stability right now for that window open wide open. I believe we are seeing it busting open. I can hear the glass breaking and hitting the concrete...the calculations for the 2020 budget are complete and wanting to be activated at a new exchange rate of 1 to 1. And it only goes up from there.
9-25-2020 Newshound/Intel Guru Mnt Goat Article: "GOVERNOR OF THE CENTRAL BANK OF IRAQ: DEVELOPING A DELIBERATE BANKING PLAN TO STRENGTHEN THE NATIONAL CURRENCY" I need everyone to pay attention to what the new governor Al-Kitab is saying in this article. He did NOT say he was going to delete the zeros...at least not yet. However...another article from an economist also taking about the currency and he does talk about the project to delete the zeros. Yehhhhh! What does this all mean? This all means they are discussing the possibility and Al-Kitab may in fact also be considering it. This is the important part of today’s news about the currency in that finally once again they are talking about and discussing the timing of the project to delete the zeros. Why else would the economist just come out with a discussion on this topic...Why else would al-Kitab have this conversation? So we can be assured this is FACTUAL and they are planning to do something soon.
9-25-2020 Newshound Guru Pimpy Article: "With documents and names...Nouri al-Maliki's gangs control Iraq's banks and plunder currency auctions to finance Iran and Hezbollah" Whoever did this investigation they laid it out in extreme detail about what these guys did. They used the Central Bank of Iraq and the public currency auctions to funnel money through organizations and to fund money over to Iran...they plundered billions of dinars from these guys and it tells you in step-by-step how it was done...again this is Al-Kazemi putting the beat-down on making sure the corruption is being dealt with...where they go with Maliki is going to be very interesting...Al-Kazemi is the man. He is definitely getting stuff accomplished. It's awesome.
9-25-2020 Intel Guru Bruce [via WiserNow] ...it’s hard to say – the timing sometimes when you’re coming up on a weekend you don’t know whether it will go for us on a Fri/Sat – or whether it puts Monday into play – Right now we have to just go one day at a time – that is really the way we have to look at this...We are on an hour by hour basis – for the release to take place...There was not much to report on tonight because we are that close...
9-25-2020 Intel Guru Frank26 ...that now makes six days in a row of articles one after the other that talk about the Iraqi dinar exchange rate. It doesn't get any simpler than that. And when you look who's talking about it, the new governor...it's all good...
9-25-2020 Newshound/Intel Guru Mnt Goat Article: "PROCEDURE FOR THE CENTRAL BANK REGARDING THE GOVERNOR’S SIGNATURE ON THE IRAQI CURRENCY" trivial as it may be, at least they are now talking once again about the currency.
9-25-2020 Newshound Guru Pimpy ...there's a lot happening today...We know Trump is trying to broker peace in the Middle East. We know he's nowhere near done...We know that Iraq is going to be involved. Saudi Arabia is going to be involved. We know Kuwait's going to be involved. I told you don't be surprised if Afghanistan don't get in on this. The big ones are going to be Palestine...Trump has been talking to Iran and now it's starting to come out. That they're in the position to talk...I don't know how real it's gonna be but we're definitely gonna keep an eye on it...It's hard not to get excited about this. Love or hate Trump it doesn't matter, people have to be impressed with what this man so far has been able to accomplish. We'll see what kind of fruit it bears. Nonetheless this is awesome...
9-25-2020 Newshound Guru Jeff ...the reforms are in the budget and the budget is linked and married to the rate change... Article: "Parliamentary Finance: Approval of the current year's budget will fulfill many demands" ...pay attention to the 2020 budget. We told you it's linked to the reforms...that's why they're delaying and hiding the budget from you. The approval process of the 2020 budget cannot be started till after the rate has changed...we are tentatively looking for...approving the 2020 budget the week of October 4th...the 2020 budget is exactly like I told you. It's the catalyst in this...
9-25-2020 Intel Guru Frank26 The 2020 budget does have the program rate in it right now. But when the window opens for the 2020 budget to be complete it will introduce a new rate. It can certainly happen in these next three months IMO. The "operational budget" was recalculated a number of times. The exchange rate was recalculated over and over again...the 2020 has the new rate but the new calculation of the Iraqi dinar exchange rate are ready if this window opens...The key is Iran...When will that window open? I believe they have the security and stability right now for that window open wide open. I believe we are seeing it busting open. I can hear the glass breaking and hitting the concrete...the calculations for the 2020 budget are complete and wanting to be activated at a new exchange rate of 1 to 1. And it only goes up from there.
9-24-2020 Intel Guru Footforward [what’s your thoughts on Iraq’s 2020 budget? They keep delaying the vote for it and are trying to add stuff to it.] I'm not watching the budget honestly. People have believed the budget will bring the RV. I don't care about their budget. Without an rv, it doesn't matter. I'm still watching Iran and Iran's influence being erraticated in iraq.
9-24-2020 Newshound Guru Pimpy ...remember...even if they did a rate change right now over here in America it'd be really hard to exchange your currency. There are some restrictions on the currency...Article: "Iraq announces its exit from the list of "high risk" countries and an increase in its oil exports" Quote: "The Ministry of Foreign Affairs announces that it has succeeded in reinstating the activities of 169 Iraqi companies and institutions out of the 230 entities banned by the U.N Security Council resolution 1518 which classifies Iraq as a high-risk country seeking to lift a ban on the rest of the entities." Yay! Come on Iraq! That means they're doing good. We're almost there...Yeah, go ahead you can do the pee-pee dance...we're not out of the wood-works yet but we're still working on it...Iraq is being allowed to open more and more to the international community. This is good news. Very excited about this. This is what we were hoping to see...
9-24-2020 Newshound/Intel Guru Mnt Goat Looking at the Iraq Central Bank (CBI) we can see a miracle finally happened...now we have that new director under the al-Kazemi administration. But what are the views and plans of this new CBI director? Will he work towards the currency reforms we look for? The answer is YES and he has come right and told us. So be patient and look towards January of 2021 for these reforms to take place. Could we see the RV earlier? Yes, we could but I doubt it. The CBI would have to make some announcements very soon about the project to delete the zeros and are just not talking specific enough about it, as they have in the past. Remember too they will have to re-educate the citizens on this process and this too will take time. They have to also get out of OFAC sanctions with the US and Europe and so they have goals to accomplish prior. So, these next 3 months are critical for us and our investment. The momentum is moving forward but, as usual Maliki and Ameri are already conspiring a plot of chaos to bring down Al-Kazemi.
9-24-2020 Newshound Guru Kaperoni ...the term "program rate."...came from an IMF Stand By Agreement with Iraq to maintain exchange rate stability and has nothing to do with a RV.
9-24-2020 Intel Guru Footforward [has anything like this happened before in the dinar RV world? A Iraqi bank travelers check routed to a bank in New York?...] not that I'm aware of. People will use this to say the RV has happened in country. It hasn't but this is a good sign.
9-24-2020 Intel Gurus Frank26 & Walkingstick The white papers IOO...contain the HCL, the new exchange rate for the Iraqi dinar, the date when they will release it. It also contains the the agreement, the process, the execution of the "Cancel Currency Auction Agreement" that was agreed upon at these meetings. Isn't this wonderful? Right about now you should be saying Wow! The speed of things happening is in God speed. It's just amazing how fast this is unfolding. All of this is just so quickly. Right after Donald Trump talked with Kazemi in D.C. and quickly returned back home...
9-24-2020 Intel Guru MarkZ [via PDK] I am still hearing positive things. There is still the possibility of a vote in Iraq on the budget…maybe a temporary rate or interim budget until the real one comes out…late in their evening which for us is at any moment now. I hear this will be our sign that everything has been triggered. There is a lot of really positive chatter out of the middle east right now. On the banking side in Asia, Europe and even the US …they are still sitting on “go” with no release yet. We are in a strange lull…i think it’s the lull before the storm...we really are getting into that perfect launch period.
9-24-2020 Newshound Guru MilitiaMan Article: "Deputy: 35 trillion dinars are stored with the people who refuse to deposit them in banks" Once they bring or add Purchase Power to the new small category notes, the liquidity will begin to absorb those large amounts of notes. The sooner the better too...imo.
9-24-2020 Intel Guru Frank26 Question: "Why are they [US and Iraq] going to do the first currency swap at a program rate?" ...IMO it's brilliant...the first swap is to be advantageous to Trump and the Untied States of America and the American citizens and tax payer...The first swap at the program rate fills in the cupboards of the United States Treasury with a low costing dinar...Then a second swap at a new rate fills not only the CBI with their financial potential for their economy, citizens, International trade, all of this but it also acts as a loan fill-ins for the budget...IMO the 2021 budget will come out ready with a new exchange rate...Trump is doing like we did [getting dinar at a low price]...
9-24-2020 Intel Guru Bruce [via WiserNow] There are meetings happening in the White House at 11 am and 11 pm every day – That is interesting to me because this is a (notice they are 12 hrs apart) way to monitor the progress of the “process” – See something that needs to be done –tweak the process – in other words it’s a way for them to keep up with everything that’s going on globally – in this process – and I am encouraged by that – it tells us that they are on it - basically 24 x 7...
9-24-2020 Newshound Guru Pimpy ...remember...even if they did a rate change right now over here in America it'd be really hard to exchange your currency. There are some restrictions on the currency...Article: "Iraq announces its exit from the list of "high risk" countries and an increase in its oil exports" Quote: "The Ministry of Foreign Affairs announces that it has succeeded in reinstating the activities of 169 Iraqi companies and institutions out of the 230 entities banned by the U.N Security Council resolution 1518 which classifies Iraq as a high-risk country seeking to lift a ban on the rest of the entities." Yay! Come on Iraq! That means they're doing good. We're almost there...Yeah, go ahead you can do the pee-pee dance...we're not out of the wood-works yet but we're still working on it...Iraq is being allowed to open more and more to the international community. This is good news. Very excited about this. This is what we were hoping to see...
9-24-2020 Newshound/Intel Guru Mnt Goat Looking at the Iraq Central Bank (CBI) we can see a miracle finally happened...now we have that new director under the al-Kazemi administration. But what are the views and plans of this new CBI director? Will he work towards the currency reforms we look for? The answer is YES and he has come right and told us. So be patient and look towards January of 2021 for these reforms to take place. Could we see the RV earlier? Yes, we could but I doubt it. The CBI would have to make some announcements very soon about the project to delete the zeros and are just not talking specific enough about it, as they have in the past. Remember too they will have to re-educate the citizens on this process and this too will take time. They have to also get out of OFAC sanctions with the US and Europe and so they have goals to accomplish prior. So, these next 3 months are critical for us and our investment. The momentum is moving forward but, as usual Maliki and Ameri are already conspiring a plot of chaos to bring down Al-Kazemi.
9-24-2020 Newshound Guru Kaperoni ...the term "program rate."...came from an IMF Stand By Agreement with Iraq to maintain exchange rate stability and has nothing to do with a RV.
9-24-2020 Intel Guru Footforward [has anything like this happened before in the dinar RV world? A Iraqi bank travelers check routed to a bank in New York?...] not that I'm aware of. People will use this to say the RV has happened in country. It hasn't but this is a good sign.
9-24-2020 Intel Gurus Frank26 & Walkingstick The white papers IOO...contain the HCL, the new exchange rate for the Iraqi dinar, the date when they will release it. It also contains the the agreement, the process, the execution of the "Cancel Currency Auction Agreement" that was agreed upon at these meetings. Isn't this wonderful? Right about now you should be saying Wow! The speed of things happening is in God speed. It's just amazing how fast this is unfolding. All of this is just so quickly. Right after Donald Trump talked with Kazemi in D.C. and quickly returned back home...
9-24-2020 Intel Guru MarkZ [via PDK] I am still hearing positive things. There is still the possibility of a vote in Iraq on the budget…maybe a temporary rate or interim budget until the real one comes out…late in their evening which for us is at any moment now. I hear this will be our sign that everything has been triggered. There is a lot of really positive chatter out of the middle east right now. On the banking side in Asia, Europe and even the US …they are still sitting on “go” with no release yet. We are in a strange lull…i think it’s the lull before the storm...we really are getting into that perfect launch period.
9-24-2020 Newshound Guru MilitiaMan Article: "Deputy: 35 trillion dinars are stored with the people who refuse to deposit them in banks" Once they bring or add Purchase Power to the new small category notes, the liquidity will begin to absorb those large amounts of notes. The sooner the better too...imo.
9-24-2020 Intel Guru Frank26 Question: "Why are they [US and Iraq] going to do the first currency swap at a program rate?" ...IMO it's brilliant...the first swap is to be advantageous to Trump and the Untied States of America and the American citizens and tax payer...The first swap at the program rate fills in the cupboards of the United States Treasury with a low costing dinar...Then a second swap at a new rate fills not only the CBI with their financial potential for their economy, citizens, International trade, all of this but it also acts as a loan fill-ins for the budget...IMO the 2021 budget will come out ready with a new exchange rate...Trump is doing like we did [getting dinar at a low price]...
9-24-2020 Intel Guru Bruce [via WiserNow] There are meetings happening in the White House at 11 am and 11 pm every day – That is interesting to me because this is a (notice they are 12 hrs apart) way to monitor the progress of the “process” – See something that needs to be done –tweak the process – in other words it’s a way for them to keep up with everything that’s going on globally – in this process – and I am encouraged by that – it tells us that they are on it - basically 24 x 7...
9-23-2020 Intel Guru MarkZ [via PDK] ...there is a tremendous amount of dis-information released right now. They have done this in the past when they have done a revaluation or a reset…the most recent example we have is Kuwait . The morning of the revaluation they had a big article in the paper on how it was going to be years before they RVed….then BAM…later that day they had the revaluation. Before that was China . 3 days before they did a revaluation they released stories in the papers- domestic and international that they were not prepared for it yet…and then boom…so look for that smoke...we are seeing a tremendous amount of smoke right now.
9-23-2020 Intel Guru Bruce [via WiserNow] I have learned some new things about this whole plan – which I think is fascinating - and where we are is I am going to say – very – very close...I’ve heard from 5 different sources today – and I’m not calling it – however – I’m hearing very good things about tomorrow [Wednesday] – wouldn’t be right for me to try to call it – I’m just going to say – I like what I’m hearing about tomorrow ...You know when...you’re pretty much at the end of the ride – you pull in on that roller coaster and it slowly comes up to a stop...I believe the bar is just about ready to be raised - I believe this is where we are... I think we’re almost home... with all the other things that I’ve heard that are happening – I believe it’s very – very close...
9-23-2020 Newshound Guru Pimpy This is a pretty big time for us. It's close to the end of the month. Remember the reform papers are supposed to be submitted by the end of this month. The 2020 budget was supposed to have already been voted on. The 2021 budget is coming. Now the anticipation is that we are going to hear something about the Iraqi dinar rate in the reform papers. There's no guarantee. We just know that it's going to be discussed...we know the Minister of Finance has said in the reform papers there is discussions about the Iraqi rate and what that might be...
9-23-2020 Inte/Newhound Guru Frank26 ...the new Central Bank Governor of Iraq, he's not waiting any time is he? He is direct implementation. There is no delay. It's also very interesting how much of a hurry this new governor of the CBI is in. As much of a hurry as Kazemi. Kazemi gave the new CBI governor Mustafa the authority of the white papers...
9-23-2020 Newshound Guru Adam Montana Our man Kazzammie is hands down the best thing to ever happen to this situation. Not because he's a messiah or anything crazy like that - the man has just done so much it's almost unbelievable. Prior to him taking the position, Iraq was torn and confused by riots, revolts, and failure. That short period of time came after much incredible progress, including getting out of Chapter 7 and booting Maliki. There was a time (not too long ago) when it looked like one of the previous Prime Ministers would make some progress, but we have never seen this much HCL action. Ever. I'm excited... Go Iraq, Go Dinar...GO RRRRVVVVV!!! [post 3 of 3]
9-23-2020 Newshound Guru Adam Montana "Deputy Haybat Al-Halbousi indicated that the committee had opened the cabinet to send oil and energy bills, including the oil and gas law." ... in case you missed that: "including the oil and gas law". If I had the ability to make fireworks...jump off of your screen right now, I would consider it - that's how big this kind of news is! If it seems like "all Adam talks about anymore is HCL", that's because things are so smooth and streamlined in Iraq right now... HCL is all we need at this point. HCL is oil and gas law. That's it. That's all, end of story, all she wrote, finito...done. [post 2 of 3....stay tuned]
9-23-2020 Newshound Guru Adam Montana First, the normal stuff...OIL - nothing crazy, just the normal expected good stuff. Stable and steady upward trend. Budget - This may not seem like a big deal, but...submitting it, then withdrawing it, then returning it, then stating "we need 3 weeks to approve it"...there is some number-crunching, pencil whipping, fiat manipulation going on in the background. By itself, that news would raise some eyebrows, but let's hop right into the stuff that does more than raise eyebrows: In particular, this part: [post 1 of 3....stay tuned]
9-23-2020 Newshound Guru Kaperoni More good news today from the central bank of Iraq as the new governor makes changes in policy. Efforts seem to be improving as prime minister Kazemi goes after corruption.
9-23-2020 Intel Guru MarkZ [via PDK] The news I am getting out of Iraq is they are hoping to have a budget vote on Thursday...even though all the news is saying they still need 3 weeks. [For the first time in IRAQ you can exchange Dinar with Dollar between your accounts.] Yes – they are making it seamless in preparation for the new banking system. This is big news. Much concern in the world that Iraq is running out of dollars as this thing has drug on…yes they are running into a budget crisis. My last update was they are pushing to have a vote by Thursday of this week for a budget with value. Otherwise they cannot pay this months salaries, government, pensions and all those good things…there is a serious push going on in Iraq right now.
9-23-2020 Newshound Guru Jeff Article: "A member of the Financial Committee, Ahmed Hama Rashid said on Tuesday that the 2020 budget needs 3 weeks to vote on it." Quote: "Parliament have not yet seen the numbers in the budget." Parliament have not seen the freaking numbers in the budget! ...They're hiding the numbers from us, from the public news and from parliament because it's calculated in the billions of dinar and it's linked to the rate change. It's calculated off the rate change. Doesn't have a rate in it but its figures are calculated off the rate. That's why they're freaking hiding it...we look amazing...
9-23-2020 Newshound Guru MilitiaMan Article: "In the first decision...the new central bank governor settles a controversial matter" Wow, this is telling me that they have every intention to raise the value of the currency. The importance is straight forward and addressed. It is my understanding...we know they have been printing small notes (possibly coins) in 2018 and more recently in 2019 and 2020...They had issue with Alak's name on of the categories. Imo The new CBI GOV has been around along time and would have known about all of this, thereby, imo they have that issue under control and we are about to see a big change and much improvement to the management of the new currency...WOW This article about the smalls is awesome. It sure shows us they have an incredible intention to use the smalls...That is a good thing...
9-23-2020 Intel Guru BobTheTaxMan ...an article that came out from the CBI... quote: "a banking plan has been developed that will develop the Central Bank's work, strengthen the national currency and address negatives in cooperation with the court..." We also know from a contact...over there that starting in January there's going to be a lot of forward movement by the banks in compliance with the Swift system making information more readily available to international investors...there are a lot of things indicating that there's a great forward movement going on. I think that meeting he [Kazemi] had with Trump was kind of like the kickoff for a whole new game that's getting started there. I'm quite excited. I really am quite excited to see to see all of these things moving forward after being in this game as long as I have...It looks to me like we have such forward movement that the time for our investment coming to fruition is near at hand...
9-23-2020 Intel Guru RayRen98 GETTING SOME INTERESTING BANK STORIES...LOW RV RATES ON SCREEN, BUT NO EXCHANGING YET...TIME WILL TELL!
9-23-2020 Newshound Guru Pimpy Article: "An expected session of the Iraqi parliament next Saturday" Next Saturday is going to be interesting...There's a lot of laws that need to be passed and they need to be passed pretty quickly because some of it affects what's going on in the budget. Some of it affects what's going on next year in the election.
9-23-2020 Intel Guru MarkZ [I think Trump needs to RV now just to make sure he is reelected.] I agree with you.
9-23-2020 Intel Guru Bruce [via WiserNow] I have learned some new things about this whole plan – which I think is fascinating - and where we are is I am going to say – very – very close...I’ve heard from 5 different sources today – and I’m not calling it – however – I’m hearing very good things about tomorrow [Wednesday] – wouldn’t be right for me to try to call it – I’m just going to say – I like what I’m hearing about tomorrow ...You know when...you’re pretty much at the end of the ride – you pull in on that roller coaster and it slowly comes up to a stop...I believe the bar is just about ready to be raised - I believe this is where we are... I think we’re almost home... with all the other things that I’ve heard that are happening – I believe it’s very – very close...
9-23-2020 Newshound Guru Pimpy This is a pretty big time for us. It's close to the end of the month. Remember the reform papers are supposed to be submitted by the end of this month. The 2020 budget was supposed to have already been voted on. The 2021 budget is coming. Now the anticipation is that we are going to hear something about the Iraqi dinar rate in the reform papers. There's no guarantee. We just know that it's going to be discussed...we know the Minister of Finance has said in the reform papers there is discussions about the Iraqi rate and what that might be...
9-23-2020 Inte/Newhound Guru Frank26 ...the new Central Bank Governor of Iraq, he's not waiting any time is he? He is direct implementation. There is no delay. It's also very interesting how much of a hurry this new governor of the CBI is in. As much of a hurry as Kazemi. Kazemi gave the new CBI governor Mustafa the authority of the white papers...
9-23-2020 Newshound Guru Adam Montana Our man Kazzammie is hands down the best thing to ever happen to this situation. Not because he's a messiah or anything crazy like that - the man has just done so much it's almost unbelievable. Prior to him taking the position, Iraq was torn and confused by riots, revolts, and failure. That short period of time came after much incredible progress, including getting out of Chapter 7 and booting Maliki. There was a time (not too long ago) when it looked like one of the previous Prime Ministers would make some progress, but we have never seen this much HCL action. Ever. I'm excited... Go Iraq, Go Dinar...GO RRRRVVVVV!!! [post 3 of 3]
9-23-2020 Newshound Guru Adam Montana "Deputy Haybat Al-Halbousi indicated that the committee had opened the cabinet to send oil and energy bills, including the oil and gas law." ... in case you missed that: "including the oil and gas law". If I had the ability to make fireworks...jump off of your screen right now, I would consider it - that's how big this kind of news is! If it seems like "all Adam talks about anymore is HCL", that's because things are so smooth and streamlined in Iraq right now... HCL is all we need at this point. HCL is oil and gas law. That's it. That's all, end of story, all she wrote, finito...done. [post 2 of 3....stay tuned]
9-23-2020 Newshound Guru Adam Montana First, the normal stuff...OIL - nothing crazy, just the normal expected good stuff. Stable and steady upward trend. Budget - This may not seem like a big deal, but...submitting it, then withdrawing it, then returning it, then stating "we need 3 weeks to approve it"...there is some number-crunching, pencil whipping, fiat manipulation going on in the background. By itself, that news would raise some eyebrows, but let's hop right into the stuff that does more than raise eyebrows: In particular, this part: [post 1 of 3....stay tuned]
9-23-2020 Newshound Guru Kaperoni More good news today from the central bank of Iraq as the new governor makes changes in policy. Efforts seem to be improving as prime minister Kazemi goes after corruption.
9-23-2020 Intel Guru MarkZ [via PDK] The news I am getting out of Iraq is they are hoping to have a budget vote on Thursday...even though all the news is saying they still need 3 weeks. [For the first time in IRAQ you can exchange Dinar with Dollar between your accounts.] Yes – they are making it seamless in preparation for the new banking system. This is big news. Much concern in the world that Iraq is running out of dollars as this thing has drug on…yes they are running into a budget crisis. My last update was they are pushing to have a vote by Thursday of this week for a budget with value. Otherwise they cannot pay this months salaries, government, pensions and all those good things…there is a serious push going on in Iraq right now.
9-23-2020 Newshound Guru Jeff Article: "A member of the Financial Committee, Ahmed Hama Rashid said on Tuesday that the 2020 budget needs 3 weeks to vote on it." Quote: "Parliament have not yet seen the numbers in the budget." Parliament have not seen the freaking numbers in the budget! ...They're hiding the numbers from us, from the public news and from parliament because it's calculated in the billions of dinar and it's linked to the rate change. It's calculated off the rate change. Doesn't have a rate in it but its figures are calculated off the rate. That's why they're freaking hiding it...we look amazing...
9-23-2020 Newshound Guru MilitiaMan Article: "In the first decision...the new central bank governor settles a controversial matter" Wow, this is telling me that they have every intention to raise the value of the currency. The importance is straight forward and addressed. It is my understanding...we know they have been printing small notes (possibly coins) in 2018 and more recently in 2019 and 2020...They had issue with Alak's name on of the categories. Imo The new CBI GOV has been around along time and would have known about all of this, thereby, imo they have that issue under control and we are about to see a big change and much improvement to the management of the new currency...WOW This article about the smalls is awesome. It sure shows us they have an incredible intention to use the smalls...That is a good thing...
9-23-2020 Intel Guru BobTheTaxMan ...an article that came out from the CBI... quote: "a banking plan has been developed that will develop the Central Bank's work, strengthen the national currency and address negatives in cooperation with the court..." We also know from a contact...over there that starting in January there's going to be a lot of forward movement by the banks in compliance with the Swift system making information more readily available to international investors...there are a lot of things indicating that there's a great forward movement going on. I think that meeting he [Kazemi] had with Trump was kind of like the kickoff for a whole new game that's getting started there. I'm quite excited. I really am quite excited to see to see all of these things moving forward after being in this game as long as I have...It looks to me like we have such forward movement that the time for our investment coming to fruition is near at hand...
9-23-2020 Intel Guru RayRen98 GETTING SOME INTERESTING BANK STORIES...LOW RV RATES ON SCREEN, BUT NO EXCHANGING YET...TIME WILL TELL!
9-23-2020 Newshound Guru Pimpy Article: "An expected session of the Iraqi parliament next Saturday" Next Saturday is going to be interesting...There's a lot of laws that need to be passed and they need to be passed pretty quickly because some of it affects what's going on in the budget. Some of it affects what's going on next year in the election.
9-23-2020 Intel Guru MarkZ [I think Trump needs to RV now just to make sure he is reelected.] I agree with you.
9-22-2020 Intel Guru Frank26 Things are happening so fast it's hard to keep up with them...he's [Kazemi] arresting them by the 1,000s...the moment Kazemi landed [From August 20th meetings with Trump] he started arresting everybody left and right. If he could arrest his grandmother he would if she broke the law...they're fleeing. Just as Maliki. He went to Iran. That was a big mistake...
9-22-2020 Newshound/Intel Guru Mnt Goat There is nothing by [but ?] very good news and Iraq is now on a good path to appreciate their own true sovereignty from other Arab countries especially Iran. ...Al-Kazemi is amazing as they are rounding up corrupt individuals. By the news we can see that Nori Al-Maliki and Ameri are next. They will not escape this and there will never be peace in Iraq unless Iraq is finally cleansed of them.
9-22-2020 Intel Guru Footforward [...can you clarify for us... did Parliament get the 2020 budget and do its first read or not?...] For the record I believe they do two budgets. One with a new rate and one with the current rate. I'm not sure if they have done the first reading or not...I don't think it's that important to the RV. I think they may pass this budget, have an old rate, and the revalue and pass a new budget...
9-22-2020 Newshound Guru Pimpy ...People are like, 'Weren't we told that on September 15th the rate will happen?' I was like yeah, I know. 'Weren't we told that on the 18th the rate change is gonna happen?' Yeah I know. 'Weren't we told on the 2020 budget we would see a rate change?' Yeah I know. I didn't tell you guys that. Other people did. See this is why I try to avoid the dates and the rates because it's all speculation...what did I say? Do not get excited even if it's good news and don't get down if it's bad news...I try to bring an educated perspective. We take a look at the evidence. Get an idea of when it might happen. But the truth is nobody knows...there's nothing wrong with listening to other people's information ...that's what I encourage you guys to do. But be very careful when they make some very over promising predictions...
9-22-2020 Intel Guru MarkZ [via PDK] ...well the world seems to be positioning for exactly what we want...I am still hearing exceptionally positive things from my Iraqi contacts...everybody is still in place…There is very positive stuff from the middle eastern contacts. I do feel good about where we are at… They have a set schedule and we are watching it play out...
9-22-2020 Intel Guru Delta ...we are all waiting for the CBI. It looks like the new governor he's really doing an excellent job. It looks like he's in a hurry to accomplish the stuff that we are all waiting for...they had an emergency meeting on Saturday...with the Board of Directors of the Central Bank of Iraq...there is more confirmation they're going forward. They adopted the banking reform. IOO they are going to bring us to the rate...he's moving forward with the reforms.
9-22-2020 Intel Guru BobTheTaxMan ...Based on my view of where we're at and what's happening all over the place it seems like everything is moving forward. And right now rocket speed...
9-22-2020 Intel Guru Frank26 ...what Donald Trump did in the Middle East is for your investment. A lot of people said, 'Wow, that Frank is really stretching it. That's stupid. Really? The Middle East Peace Accord? That's for the Iraqi dinar?' Yeah. Remember when [community member Bluestar] asked Shabbibi in Washington D.C 'When are you going to do it? When are you going to lift the value of the currency?' And what did Shabbibi say? When we have security and stability. Well guess what we have - security and stability because of the Peace Accords. All the middle eastern countries are going ballistic right now. All the middle eastern countries are happy with the Untied States of America. They are all onboard with the basket. They are onboard with the accords...
9-22-2020 Newshound Guru MilitiaMan Article: "The financial sector is required to support the energy sector" More evidence supporting the view that a new system is coming to Iraq and E-Finance, E - Government will be hand and glove going forward. This too, supports the movement of money is to be from [front ?] and center. Not 3 months from now. Just like Barzani said today. We have verification from Kahdimi and we are ready for investors and the public sector! That is now.. Not in 2021 imo.
9-22-2020 Newshound/Intel Guru Mnt Goat There is nothing by [but ?] very good news and Iraq is now on a good path to appreciate their own true sovereignty from other Arab countries especially Iran. ...Al-Kazemi is amazing as they are rounding up corrupt individuals. By the news we can see that Nori Al-Maliki and Ameri are next. They will not escape this and there will never be peace in Iraq unless Iraq is finally cleansed of them.
9-22-2020 Intel Guru Footforward [...can you clarify for us... did Parliament get the 2020 budget and do its first read or not?...] For the record I believe they do two budgets. One with a new rate and one with the current rate. I'm not sure if they have done the first reading or not...I don't think it's that important to the RV. I think they may pass this budget, have an old rate, and the revalue and pass a new budget...
9-22-2020 Newshound Guru Pimpy ...People are like, 'Weren't we told that on September 15th the rate will happen?' I was like yeah, I know. 'Weren't we told that on the 18th the rate change is gonna happen?' Yeah I know. 'Weren't we told on the 2020 budget we would see a rate change?' Yeah I know. I didn't tell you guys that. Other people did. See this is why I try to avoid the dates and the rates because it's all speculation...what did I say? Do not get excited even if it's good news and don't get down if it's bad news...I try to bring an educated perspective. We take a look at the evidence. Get an idea of when it might happen. But the truth is nobody knows...there's nothing wrong with listening to other people's information ...that's what I encourage you guys to do. But be very careful when they make some very over promising predictions...
9-22-2020 Intel Guru MarkZ [via PDK] ...well the world seems to be positioning for exactly what we want...I am still hearing exceptionally positive things from my Iraqi contacts...everybody is still in place…There is very positive stuff from the middle eastern contacts. I do feel good about where we are at… They have a set schedule and we are watching it play out...
9-22-2020 Intel Guru Delta ...we are all waiting for the CBI. It looks like the new governor he's really doing an excellent job. It looks like he's in a hurry to accomplish the stuff that we are all waiting for...they had an emergency meeting on Saturday...with the Board of Directors of the Central Bank of Iraq...there is more confirmation they're going forward. They adopted the banking reform. IOO they are going to bring us to the rate...he's moving forward with the reforms.
9-22-2020 Intel Guru BobTheTaxMan ...Based on my view of where we're at and what's happening all over the place it seems like everything is moving forward. And right now rocket speed...
9-22-2020 Intel Guru Frank26 ...what Donald Trump did in the Middle East is for your investment. A lot of people said, 'Wow, that Frank is really stretching it. That's stupid. Really? The Middle East Peace Accord? That's for the Iraqi dinar?' Yeah. Remember when [community member Bluestar] asked Shabbibi in Washington D.C 'When are you going to do it? When are you going to lift the value of the currency?' And what did Shabbibi say? When we have security and stability. Well guess what we have - security and stability because of the Peace Accords. All the middle eastern countries are going ballistic right now. All the middle eastern countries are happy with the Untied States of America. They are all onboard with the basket. They are onboard with the accords...
9-22-2020 Newshound Guru MilitiaMan Article: "The financial sector is required to support the energy sector" More evidence supporting the view that a new system is coming to Iraq and E-Finance, E - Government will be hand and glove going forward. This too, supports the movement of money is to be from [front ?] and center. Not 3 months from now. Just like Barzani said today. We have verification from Kahdimi and we are ready for investors and the public sector! That is now.. Not in 2021 imo.
9-21-2020 Newshound Guru Breitling Question: "How do you see Trump's Middle East Peace Accord affecting the dinar?" It means everything...our solution is economic.
9-21-2020 Intel Guru BobTheTaxMan ...this is all a crazy or delusional or something like that idea that you invested into - it's not true. This is an honest bonafide investment. And when you have that kind of investment you have to seriously take a look at what are your options to retain as much of this as you can possibly can. How to prepare for taxes. How to prepare for life-time income. How to prepare for sharing with others or a legacy or charities. There's a zillion different things that need to be looked at if you're going to be serious about this particular investment... [Consult your tax professional at the appropriate time.]
9-21-2020 Intel Guru MarkZ [via PDK] [if it RV’s at 1 to 1…how does it rise to $2 to $3 dollars?] You are looking at it backwards… It is RV then Reset when we go to parity (1 to 1). Several currencies may float as they head toward parity.
9-21-2020 Newshound Guru Kaperoni The central bank of Iraq held a meeting over the weekend with its board to approve banking reform measures. The new governor is moving fast...If there ever was a time to get back into the news, now is the time. New prime minister Kazemi is working quickly to weed out corruption and get a private sector open for business. Let's hope Iraq continues to move forward with reforms. Stay tuned!
9-21-2020 Intel Guru MarkZ [via PDK] Quiet weekend. No movement yet…no money has exchanged hands...based on Asia and Europe I am ruling out Monday so far…Everybody is still staying in position because they do believe we are that close. Personally I do believe we will see it before Oct 1st. But no solid news.
9-21-2020 Newshound Guru Jeff ...They can't change the rate when they have thousands of corrupt figures in the government. There's no way in heck they can allow the rate to change when they have to arrest well over a thousand people. That's too much. Arresting that amount of people they have to delay the rate change...That's most likely the reason why the rate change has been delayed...The fact that they told you they made these arrests should tell you...they're pretty much at the end of dealing with corruption. They probably just have a little bit more to go...
9-21-2020 Intel Guru RayRen98 Reportedly, Parliament returned the draft budget law for the year 2020 to the Ministry of Finance to reconsider some items and possibly add new verbiage.
9-21-2020 Newshound Guru MilitiaMan Article: "Electricity announces the payment of salaries of contract holders and daily wages" Quote: “Minister, which resulted in securing the salaries of the two tranches and transferring their allocations from the investment budget to the operational one. He disclosed that "their salaries will be paid for the month of March today, Sunday, provided that the rest of the months will be paid with retroactive effect after the budget is approved“ The budget agreement appears to have a retroactive mechanism to pay salaries. They also let it be known they can adjust monies from the investment side of a budget to the operational side. Take note this is not about the 2021 at all. March is in 2020 for a retroactivation to be applicable. This is slated for today... Rate before budget, imo... international continuity must mean that the two entities are in agreement at which they’ll be working and being paid. Imo.
9-21-2020 Intel Guru BobTheTaxMan ...this is all a crazy or delusional or something like that idea that you invested into - it's not true. This is an honest bonafide investment. And when you have that kind of investment you have to seriously take a look at what are your options to retain as much of this as you can possibly can. How to prepare for taxes. How to prepare for life-time income. How to prepare for sharing with others or a legacy or charities. There's a zillion different things that need to be looked at if you're going to be serious about this particular investment... [Consult your tax professional at the appropriate time.]
9-21-2020 Intel Guru MarkZ [via PDK] [if it RV’s at 1 to 1…how does it rise to $2 to $3 dollars?] You are looking at it backwards… It is RV then Reset when we go to parity (1 to 1). Several currencies may float as they head toward parity.
9-21-2020 Newshound Guru Kaperoni The central bank of Iraq held a meeting over the weekend with its board to approve banking reform measures. The new governor is moving fast...If there ever was a time to get back into the news, now is the time. New prime minister Kazemi is working quickly to weed out corruption and get a private sector open for business. Let's hope Iraq continues to move forward with reforms. Stay tuned!
9-21-2020 Intel Guru MarkZ [via PDK] Quiet weekend. No movement yet…no money has exchanged hands...based on Asia and Europe I am ruling out Monday so far…Everybody is still staying in position because they do believe we are that close. Personally I do believe we will see it before Oct 1st. But no solid news.
9-21-2020 Newshound Guru Jeff ...They can't change the rate when they have thousands of corrupt figures in the government. There's no way in heck they can allow the rate to change when they have to arrest well over a thousand people. That's too much. Arresting that amount of people they have to delay the rate change...That's most likely the reason why the rate change has been delayed...The fact that they told you they made these arrests should tell you...they're pretty much at the end of dealing with corruption. They probably just have a little bit more to go...
9-21-2020 Intel Guru RayRen98 Reportedly, Parliament returned the draft budget law for the year 2020 to the Ministry of Finance to reconsider some items and possibly add new verbiage.
9-21-2020 Newshound Guru MilitiaMan Article: "Electricity announces the payment of salaries of contract holders and daily wages" Quote: “Minister, which resulted in securing the salaries of the two tranches and transferring their allocations from the investment budget to the operational one. He disclosed that "their salaries will be paid for the month of March today, Sunday, provided that the rest of the months will be paid with retroactive effect after the budget is approved“ The budget agreement appears to have a retroactive mechanism to pay salaries. They also let it be known they can adjust monies from the investment side of a budget to the operational side. Take note this is not about the 2021 at all. March is in 2020 for a retroactivation to be applicable. This is slated for today... Rate before budget, imo... international continuity must mean that the two entities are in agreement at which they’ll be working and being paid. Imo.
9-20-2020 Newshound/Intel Guru RVAlready Article: "The government returns the budget law to the Ministry of Finance to reconsider and add new paragraphs" Hopefully, CBI raises the rate without waiting for parliament, cause parliament is stuck on dead slow. They just returned the budget law 2020 to its source without a reading. ...They have to have this passed into law in 9 days, and they are sending it back without a single reading. Guess it will get all three readings on Sept 30.
9-20-2020 Intel Guru Footforward [When is the swap supposed to happen or did it?] my sources say it hasn't happened yet. I'm not sure we will publicly know when it does happen. But IMHO, they wouldn't be doing this if we were years out from an RV. Iraq is past the point of just needing help. They need to be able to help themselves. Which means they need to add value to their currency. Look at how Trump has told countries to stop using the USD. Now he's willing to do a currency swap with Iraq? You have to ask why. There is only one reason to do this. Without an RV, Iraq is a has been nation. [Hopefully we see the RV now] I believe it's coming.
9-20-2020 Newshound Guru Pimpy ...the day that the rate change happens there's not going to be any fanfare. There's not going to be any notice. There's not going to be any news. You're just going to wake up one day and it's there. That's what they did in Kuwait...
9-20-2020 Newshound Guru Jeff ...everything is looking really good right now but everything that...has to do with money nothing has been started yet. Why? What are we waiting for here? It's Iraq's economics and really the movement of money. It's a game of dominoes...the first domino that has to fall is that the rate has to change. That's what they're showing you. The rate has to change. Kurdistan and Baghdad can't even reach their agreement, they can't even start the approval process of the 2020 budget, they can't even approve the reforms, they can't even start those 8.2 billion dollars worth of agreements...it's a game of dominoes waiting on the rate change...I'm excited right now. I really do feel this is the perfect storm. This storm could not be more perfect for Iraq to actually change the rate...everything that has to do with money is literally on standby/on hold. It's waiting for something...
9-20-2020 Newshound Guru Kaperoni I believe Iraq will follow the direction given to them some years ago in the IMF Article IV Consultation... Accept Article VIII move from the peg to a float. Pass needed laws creating a suitable and favorable business climate for foreign investors. I do not believe in a significant overnight RV of the dinar. It is not technically possible with over 42 trillion dinar in Iraq outside the banking system known as "chunky."
9-20-2020 Intel/Newshound Guru sandyf ...deleting zeros from the currency is the process of replacing the old currency with a new one whose price is less than the old currency by the number of zeros that will be deleted, for example deleting three zeros from the Iraqi currency means that one dinar from the new currency is equivalent to 1000 dinars from the old currency. - A Redenomination. The term "strengthen the national currency" is regularly used by central banks and usually means they have to try and stop the currency from further weakening. A redenomination means a change in the monetary unit and any such changes must be approved by parliament. Normal timeframe is around 2 years.
9-20-2020 Intel Guru RayRen98 Weekend UPDATE: Parliament stated that the budget did not arrive Saturday as promised for its first reading citing a violation of the Constitution. The agency on corruption has arrested several top level banking officials. The budget is now promised to arrive to Parliament on Sunday. For many decades not attained, historic agreements completed by PM Al-Kadhimi and his administration will now lead to agreements on the budget, salaries, oil and gas.
9-20-2020 Intel Guru Footforward [When is the swap supposed to happen or did it?] my sources say it hasn't happened yet. I'm not sure we will publicly know when it does happen. But IMHO, they wouldn't be doing this if we were years out from an RV. Iraq is past the point of just needing help. They need to be able to help themselves. Which means they need to add value to their currency. Look at how Trump has told countries to stop using the USD. Now he's willing to do a currency swap with Iraq? You have to ask why. There is only one reason to do this. Without an RV, Iraq is a has been nation. [Hopefully we see the RV now] I believe it's coming.
9-20-2020 Newshound Guru Pimpy ...the day that the rate change happens there's not going to be any fanfare. There's not going to be any notice. There's not going to be any news. You're just going to wake up one day and it's there. That's what they did in Kuwait...
9-20-2020 Newshound Guru Jeff ...everything is looking really good right now but everything that...has to do with money nothing has been started yet. Why? What are we waiting for here? It's Iraq's economics and really the movement of money. It's a game of dominoes...the first domino that has to fall is that the rate has to change. That's what they're showing you. The rate has to change. Kurdistan and Baghdad can't even reach their agreement, they can't even start the approval process of the 2020 budget, they can't even approve the reforms, they can't even start those 8.2 billion dollars worth of agreements...it's a game of dominoes waiting on the rate change...I'm excited right now. I really do feel this is the perfect storm. This storm could not be more perfect for Iraq to actually change the rate...everything that has to do with money is literally on standby/on hold. It's waiting for something...
9-20-2020 Newshound Guru Kaperoni I believe Iraq will follow the direction given to them some years ago in the IMF Article IV Consultation... Accept Article VIII move from the peg to a float. Pass needed laws creating a suitable and favorable business climate for foreign investors. I do not believe in a significant overnight RV of the dinar. It is not technically possible with over 42 trillion dinar in Iraq outside the banking system known as "chunky."
9-20-2020 Intel/Newshound Guru sandyf ...deleting zeros from the currency is the process of replacing the old currency with a new one whose price is less than the old currency by the number of zeros that will be deleted, for example deleting three zeros from the Iraqi currency means that one dinar from the new currency is equivalent to 1000 dinars from the old currency. - A Redenomination. The term "strengthen the national currency" is regularly used by central banks and usually means they have to try and stop the currency from further weakening. A redenomination means a change in the monetary unit and any such changes must be approved by parliament. Normal timeframe is around 2 years.
9-20-2020 Intel Guru RayRen98 Weekend UPDATE: Parliament stated that the budget did not arrive Saturday as promised for its first reading citing a violation of the Constitution. The agency on corruption has arrested several top level banking officials. The budget is now promised to arrive to Parliament on Sunday. For many decades not attained, historic agreements completed by PM Al-Kadhimi and his administration will now lead to agreements on the budget, salaries, oil and gas.
9-19-2020 Newshound Guru Jeff I have a good friend that works for a financial institution that operates and conduct business all the way around the world...he just me a list of the remaining countries that are on the OFAC-sanctioned list. And Iraq got removed from this list back on August 10th...So guess what, they're now international!
9-19-2020 Intel Guru Footforward [...there’s really no reason that the first currency swap would be at the Program rate just doesn’t make sense.] Actually it does make sense. If you know the dinar is going to revalue and Iraq needs short term help, it makes all the sense in the world to do a swap at the current rate. Iraq gets short term help and America gets more dinar. And once it revalued that's a huge win for America .
9-19-2020 Newshound Guru Kaperoni If Iraq is going to raise the value, they will float it allowing it to gradually appreciate over time. This was discussed by the IMF directly to the CBI several years ago.
9-19-2020 Newshound Guru Jeff ...Kurdistan is not even meeting with Baghdad on the budget until Sunday...this is my complete opinion, what that strongly suggests is...they're waiting on the true final figures after the rate change to be inside the 2020 budget. That way Kurdistan and Baghdad can meet and reach a final comprehensive agreement no the real figures within the budget - again the figures after the rate change...that's what the facts are showing you...
9-19-2020 Intel Guru Footforward [...Something that has been bothering me about the IQD exchange particularly in Ontario, Canada... I...have wondered if the fact that many banks in Ontario at least do not even deal in IQD if that could play a role when it revalue's and a Canadian has some to exchange...] we won't have any issues once it's internationally recognized...No bank deals in dinar right now. That's why we have to buy our dinar from currency dealers right now...Once it goes international, the tune of the banks will change. I can tell you that I know for a fact, one major bank in North America has been preparing for an RV behind the scenes at the highest levels, but won't ever admit that publicly. The banks don't want to deal with tons of people calling and asking about this pre RV... It may only be the bigger banks dealing with this. But even still I don't expect us to have any issues in Canada...
9-19-2020 Newshound Guru Jeff Article: "Iraq Dinar revaluation postponed by Central Bank for 5 years say MP Noura Al Bajari" This article came out in October of 2014...they had full intentions of changing the rate back in 2014 but...but they stopped doing it because Iraq had security challenges. That was the ISIS war...they also had political challenges and a lot of corruption. They didn't have the stability that they've recently achieved...
9-19-2020 Intel Guru Frank26 ...The meeting with the CBI and the Fab 4 that Kazemi and Donald Trump had - as soon as Kazimi got back to Iraq his mission was to clean the swamp but his mission was to deal with the new exchange rate of the Iraqi dinar. This is my opinion but it sure is rather self-evident...we are at a position where they're talking about the exchange rate of the Iraqi dinar vs the American exchange rate. It's not conjecture. It's not a thought. It's not a dream. It's not Evan a fantasy. It's not science fiction. It is a thesis, a study that has reality in it...[Guru] Walkingstick and our teams are now looking for...an article from the CBI explaining the relationship between the Iraqi dinar and the American dollar at 1 to 1...
9-19-2020 Intel Guru Footforward [...there’s really no reason that the first currency swap would be at the Program rate just doesn’t make sense.] Actually it does make sense. If you know the dinar is going to revalue and Iraq needs short term help, it makes all the sense in the world to do a swap at the current rate. Iraq gets short term help and America gets more dinar. And once it revalued that's a huge win for America .
9-19-2020 Newshound Guru Kaperoni If Iraq is going to raise the value, they will float it allowing it to gradually appreciate over time. This was discussed by the IMF directly to the CBI several years ago.
9-19-2020 Newshound Guru Jeff ...Kurdistan is not even meeting with Baghdad on the budget until Sunday...this is my complete opinion, what that strongly suggests is...they're waiting on the true final figures after the rate change to be inside the 2020 budget. That way Kurdistan and Baghdad can meet and reach a final comprehensive agreement no the real figures within the budget - again the figures after the rate change...that's what the facts are showing you...
9-19-2020 Intel Guru Footforward [...Something that has been bothering me about the IQD exchange particularly in Ontario, Canada... I...have wondered if the fact that many banks in Ontario at least do not even deal in IQD if that could play a role when it revalue's and a Canadian has some to exchange...] we won't have any issues once it's internationally recognized...No bank deals in dinar right now. That's why we have to buy our dinar from currency dealers right now...Once it goes international, the tune of the banks will change. I can tell you that I know for a fact, one major bank in North America has been preparing for an RV behind the scenes at the highest levels, but won't ever admit that publicly. The banks don't want to deal with tons of people calling and asking about this pre RV... It may only be the bigger banks dealing with this. But even still I don't expect us to have any issues in Canada...
9-19-2020 Newshound Guru Jeff Article: "Iraq Dinar revaluation postponed by Central Bank for 5 years say MP Noura Al Bajari" This article came out in October of 2014...they had full intentions of changing the rate back in 2014 but...but they stopped doing it because Iraq had security challenges. That was the ISIS war...they also had political challenges and a lot of corruption. They didn't have the stability that they've recently achieved...
9-19-2020 Intel Guru Frank26 ...The meeting with the CBI and the Fab 4 that Kazemi and Donald Trump had - as soon as Kazimi got back to Iraq his mission was to clean the swamp but his mission was to deal with the new exchange rate of the Iraqi dinar. This is my opinion but it sure is rather self-evident...we are at a position where they're talking about the exchange rate of the Iraqi dinar vs the American exchange rate. It's not conjecture. It's not a thought. It's not a dream. It's not Evan a fantasy. It's not science fiction. It is a thesis, a study that has reality in it...[Guru] Walkingstick and our teams are now looking for...an article from the CBI explaining the relationship between the Iraqi dinar and the American dollar at 1 to 1...
9-18-2020 Newshound Guru Jeff Article: "The first statement of the new Iraqi central governor: We drew up a plan to strengthen the national currency" The first sentence is very very very important... "....the new CBI governor of the central bank of Iraq announced on today Thursday a plan to strengthen the notation currency." A plan to strengthen the national currency! There's only one way they can do that...it's to raise the value.
9-18-2020 Newshound/Intel Guru Mnt Goat ...I can see that the target of the CBI might be January from all this news, however to be more certain we must watch and wait for announcements from the new CBI governor about the project to delete the zeros. I expect we will see him in the public just as soon as he wets his feet a big in his new role. I am being told by my CBI contact, that we can expect him to unveil financial reforms for the CBI and for the nation. I suspect this will be in part, the currency reform. ... the CBI has told me numerous times that they will first educate the citizens again on the process when they are ready. This will be a sign for us...
9-18-2020 Intel Guru Footforward [...I know we are close...] I believe so too... period we need to be watching...[the 18th] the 24th and the 28th. I am not saying those are days the RV is going to happen necessarily...I'm saying they'll be important to watch...
9-18-2020 Intel Guru MarkZ [via PDK] Well, people are still in position everywhere…just no money movement yet. My government sources are very much looking at Oct.1 for a new monetary system all around the world. So hang on…It still looks fantastic.
9-18-2020 Newshound Guru Jeff Article: "KRG Delegation To Discuss Budget With Federal Official On September 20" I kept telling you that parliament would not start the approval process of the budget until after the 20th. I said IMO the reason why is because the numbers were going to change in that budget from trillions to billions. That's the step that happens when the rate changes...for example if they were to change the rate say this Sunday morning for Iraq then the numbers would transition from trillions into billions. So they would not want any parties to see those figures publicly before the rate does change...IMO they're not going to let anyone see those figures or numbers within the real 2020 budget until after the rate has already changed...They already said the real true numbers inside the budget have not been shown...
9-18-2020 Intel Guru Frank26 ...there is a lot of things that are going on with the Iraqi dinar and they're being very forward about it...what was the article that came out today? 'Hi, I'm an economist from Iraq, I'd like to talk to you about the Iraqi dinar and the American dollar about them being 1 to 1.' ...the citizens are going ballistic...
9-18-2020 Newshound Guru MilitiaMan Article: "The New Central Bank Governor: We Set A Plan To Develop The Bank’s Work And Strengthen The Dinar" Quote: "a deliberate banking plan has been developed that will develop the work of the central bank, strengthen the national currency..." ...these articles...have been effectively what we have been waiting for. Instructions issued... In other words the horses mouth has spoken... imo... Now we should see the citizens gearing for an exchange rate to bring in the 50k and 25k notes... imo... As that will bring in the real opportunities!! imo.
9-18-2020 Intel Guru Footforward Article: "100 US dollars is equivalent to 100 Iraqi dinars...Is it possible? An economic expert answers." [That article describes a lop scenario say 1 new Dinar would be equal to 1000 old dinars. Hope that’s not what they do.] It won't be. Expect to see alot of crap like this...My point is we don't get shaken. A revaluation is the only way to fix their economic hardship. They aren't going to come out and tell us when they will do it. In my opinion anyways. So we have to watch the signs. ...The fact that corruption is being dealt with in Iraq at a very rapid pace is very good for us...These guys being arrested is a good sign. We need to watch what they do. Not what they say so much. It's helpful to take a much bigger picture...
9-18-2020 Newshound Guru Pimpy Article: "100 U.S. Dollars is equivalent to 100 Iraqi dinars...Is it possible? An economic expert answers" That would be a 1 for 1 exchange rate...it looks like what she's saying...is they want to improve the value of the currency so that they could do the lop and then turn the exchange to one to one. What does that mean? For every 100,000 dinars would be worth a hundred dinars...lopping off the three zeros is once again the talk of the town...for you newbies that's a very bad situation if they do that. So for every hundred thousand dollars they would reduce it down to a thousand dollars and then give you a one for one exchange. So you would get a 1000 for every 100,000...I don't think they're going to lop the zeros off. I don't think they can afford to.
9-18-2020 Newshound/Intel Guru Mnt Goat ...I can see that the target of the CBI might be January from all this news, however to be more certain we must watch and wait for announcements from the new CBI governor about the project to delete the zeros. I expect we will see him in the public just as soon as he wets his feet a big in his new role. I am being told by my CBI contact, that we can expect him to unveil financial reforms for the CBI and for the nation. I suspect this will be in part, the currency reform. ... the CBI has told me numerous times that they will first educate the citizens again on the process when they are ready. This will be a sign for us...
9-18-2020 Intel Guru Footforward [...I know we are close...] I believe so too... period we need to be watching...[the 18th] the 24th and the 28th. I am not saying those are days the RV is going to happen necessarily...I'm saying they'll be important to watch...
9-18-2020 Intel Guru MarkZ [via PDK] Well, people are still in position everywhere…just no money movement yet. My government sources are very much looking at Oct.1 for a new monetary system all around the world. So hang on…It still looks fantastic.
9-18-2020 Newshound Guru Jeff Article: "KRG Delegation To Discuss Budget With Federal Official On September 20" I kept telling you that parliament would not start the approval process of the budget until after the 20th. I said IMO the reason why is because the numbers were going to change in that budget from trillions to billions. That's the step that happens when the rate changes...for example if they were to change the rate say this Sunday morning for Iraq then the numbers would transition from trillions into billions. So they would not want any parties to see those figures publicly before the rate does change...IMO they're not going to let anyone see those figures or numbers within the real 2020 budget until after the rate has already changed...They already said the real true numbers inside the budget have not been shown...
9-18-2020 Intel Guru Frank26 ...there is a lot of things that are going on with the Iraqi dinar and they're being very forward about it...what was the article that came out today? 'Hi, I'm an economist from Iraq, I'd like to talk to you about the Iraqi dinar and the American dollar about them being 1 to 1.' ...the citizens are going ballistic...
9-18-2020 Newshound Guru MilitiaMan Article: "The New Central Bank Governor: We Set A Plan To Develop The Bank’s Work And Strengthen The Dinar" Quote: "a deliberate banking plan has been developed that will develop the work of the central bank, strengthen the national currency..." ...these articles...have been effectively what we have been waiting for. Instructions issued... In other words the horses mouth has spoken... imo... Now we should see the citizens gearing for an exchange rate to bring in the 50k and 25k notes... imo... As that will bring in the real opportunities!! imo.
9-18-2020 Intel Guru Footforward Article: "100 US dollars is equivalent to 100 Iraqi dinars...Is it possible? An economic expert answers." [That article describes a lop scenario say 1 new Dinar would be equal to 1000 old dinars. Hope that’s not what they do.] It won't be. Expect to see alot of crap like this...My point is we don't get shaken. A revaluation is the only way to fix their economic hardship. They aren't going to come out and tell us when they will do it. In my opinion anyways. So we have to watch the signs. ...The fact that corruption is being dealt with in Iraq at a very rapid pace is very good for us...These guys being arrested is a good sign. We need to watch what they do. Not what they say so much. It's helpful to take a much bigger picture...
9-18-2020 Newshound Guru Pimpy Article: "100 U.S. Dollars is equivalent to 100 Iraqi dinars...Is it possible? An economic expert answers" That would be a 1 for 1 exchange rate...it looks like what she's saying...is they want to improve the value of the currency so that they could do the lop and then turn the exchange to one to one. What does that mean? For every 100,000 dinars would be worth a hundred dinars...lopping off the three zeros is once again the talk of the town...for you newbies that's a very bad situation if they do that. So for every hundred thousand dollars they would reduce it down to a thousand dollars and then give you a one for one exchange. So you would get a 1000 for every 100,000...I don't think they're going to lop the zeros off. I don't think they can afford to.
9-17-2020 Intel Guru MarkZ [via PDK] [I don’t think the RV will ever happen.] ...I bet they said the same thing in Kuwait before that reset...Just look at all the great resets and revaluations in History…It will happen. The biggest difference in now and past resets is we are all looking for it…Because of the internet we can follow it and we can chase it. We are all fixated on it .
9-17-2020 Intel Guru Footforward ...The plan on the dong for the longest time has been 5-10 cents. The only reason my opinion was it could go higher is that Vietnam needs money and even at 10 cents I think they are a bit undervalued. That's not financial or investment advice. That's my opinion.
9-17-2020 Newshound/Intel Guru Mnt Goat Article: "PARLIAMENTARY FINANCE: THE 2020 BUDGET WILL ARRIVE IN PARLIAMENT THIS WEEK, AND IT DOES NOT EXCLUDE THE FUNDING OUTSIDE OF MORE LOANS" So the budget was sent already and is in parliament. You simply can’t borrow your way out of debt. Bad ideas by bad politians...It simply does not work and they know it. They can get all the permission they want to borrow more money, but in reality they are stuck. We knew this day would come as they only had money until the end of September to pay salaries. They only have 2 choices not 3. Choice #1 is cut expenditures so drastically as to meet the current price of oil, Choice #2 float the currency and let investors invest in Iraq . Choice #2 also gives the potential investors freedom of exchange and transfer of monetary resources needed to come into Iraq .
9-17-2020 Newshound Guru Pimpy Trust me there is a lot of news as I'm sure some of you are aware. A lot of talk about the Iraqi dinar. A lot of talk about the economy. A lot of Al-Kazemi crack-a-lacking on the people over there making sure that the country gets back to where it need to be... Article: "The first statement of the new Iraqi central governor: We drew up a plan to strengthen the national currency" There's more than one article talking about the Iraqi dinar...this is what we're waiting for. Obviously the stronger the currency the better our exchange rate...they're making plans to strengthen it. That's what we want to see.
9-17-2020 Newshound Guru Adam Montana ...Anything that is addressed in the coming meetings that will affect the 2021 Budget in a major way, especially if it's HCL, will not be able to "hide" until 2021. They have to be ready to raise the exchange rate before they announce any major agreements on HCL, Article 140, or anything else closely related. If they don't raise the rate soon enough, there would be a massive speculative run on the currency, which would dilute it, and kill their opportunity. They aren't going to do that. Not because we are waiting for them, but because they wouldn't benefit from it. Our day is coming!
9-17-2020 Newshound Guru Mnt Goat Article: "DEPUTY: AL-KAZEMI'S VISIT IS THE LAST OPPORTUNITY FOR THE REGION TO HAND OVER HIS COMMITMENT AND IN SUCCESSION TO BE DEPRIVED OF THE 2021 BUDGET" the agreement was made already and this is done. Kurdistan got only 12% but is getting paid and this is important that the GOI is monitoring all the other oil they are selling on the side besides the amount needed to meet the budget. This is important to us because it is important to the IMF.
9-17-2020 Intel Guru MarkZ [via PDK] My bankers are still very positive that this is our week…I still believe it has a set date and its rolling out. [my birthday on october 30th, better happen by then...Need a good birthday present.] I think you will be very happy before your birthday.
9-17-2020 Newshound Guru Pimpy ...There's discussion about the exchange rate it needs to change. So the anticipation is that the rate change would be in the 2021 budget. There's no guarantee. I'm just saying that appears based on what is being said that seem to be the case...we're running into some serious deadlines...
9-17-2020 Newshound Guru Jeff Iraq in '17...almost 3 years ago they performed a test. They unpegged from the dollar and went to a currency assortment basket...historically over the last 100 years the Iraq dinar the high side of it was about $4.20 the low side was about $2.50...Over the last 100 years the Iraq dinar has not gone below $2 bucks. This is a reinstatement. That means they're going to put the value of the Iraq dinar back to where it was...a restoration of it. It devalued in 2004 against the dollar at $3.22...today we're in the year of 2020. So here we are 15 years later...because of...the facts and variable...how it's a reinstatement...the high point/low point over the last 100 years...I'm of the opinion...the rate is going to be very close to or around $3.80...
9-17-2020 Newshound Guru MilitiaMan The 2020 budget is not off the table yet, imo. The cannot legislate (enact) it yet. It is not to be looked over. It has a purpose with it... the Cabinet to finish this week and then the Parliament will see it next week...All to be done within or over the legislative time frame of a two week period. They already have had one special session on it already. Most likely imo the 2019 FMLA is inside it, thus, it is being timed accordingly. Lets not forget the electronic systems to be in place at the Borders and the GOI. They need to fire once they decide to go international or expose a new exchange rate. They will need to be transparent. Thus, we see the adjustments being made to personnel at 8-9 key places. They include the CBI. All still looks very promising...imo.
9-17-2020 Intel Guru Footforward ...The plan on the dong for the longest time has been 5-10 cents. The only reason my opinion was it could go higher is that Vietnam needs money and even at 10 cents I think they are a bit undervalued. That's not financial or investment advice. That's my opinion.
9-17-2020 Newshound/Intel Guru Mnt Goat Article: "PARLIAMENTARY FINANCE: THE 2020 BUDGET WILL ARRIVE IN PARLIAMENT THIS WEEK, AND IT DOES NOT EXCLUDE THE FUNDING OUTSIDE OF MORE LOANS" So the budget was sent already and is in parliament. You simply can’t borrow your way out of debt. Bad ideas by bad politians...It simply does not work and they know it. They can get all the permission they want to borrow more money, but in reality they are stuck. We knew this day would come as they only had money until the end of September to pay salaries. They only have 2 choices not 3. Choice #1 is cut expenditures so drastically as to meet the current price of oil, Choice #2 float the currency and let investors invest in Iraq . Choice #2 also gives the potential investors freedom of exchange and transfer of monetary resources needed to come into Iraq .
9-17-2020 Newshound Guru Pimpy Trust me there is a lot of news as I'm sure some of you are aware. A lot of talk about the Iraqi dinar. A lot of talk about the economy. A lot of Al-Kazemi crack-a-lacking on the people over there making sure that the country gets back to where it need to be... Article: "The first statement of the new Iraqi central governor: We drew up a plan to strengthen the national currency" There's more than one article talking about the Iraqi dinar...this is what we're waiting for. Obviously the stronger the currency the better our exchange rate...they're making plans to strengthen it. That's what we want to see.
9-17-2020 Newshound Guru Adam Montana ...Anything that is addressed in the coming meetings that will affect the 2021 Budget in a major way, especially if it's HCL, will not be able to "hide" until 2021. They have to be ready to raise the exchange rate before they announce any major agreements on HCL, Article 140, or anything else closely related. If they don't raise the rate soon enough, there would be a massive speculative run on the currency, which would dilute it, and kill their opportunity. They aren't going to do that. Not because we are waiting for them, but because they wouldn't benefit from it. Our day is coming!
9-17-2020 Newshound Guru Mnt Goat Article: "DEPUTY: AL-KAZEMI'S VISIT IS THE LAST OPPORTUNITY FOR THE REGION TO HAND OVER HIS COMMITMENT AND IN SUCCESSION TO BE DEPRIVED OF THE 2021 BUDGET" the agreement was made already and this is done. Kurdistan got only 12% but is getting paid and this is important that the GOI is monitoring all the other oil they are selling on the side besides the amount needed to meet the budget. This is important to us because it is important to the IMF.
9-17-2020 Intel Guru MarkZ [via PDK] My bankers are still very positive that this is our week…I still believe it has a set date and its rolling out. [my birthday on october 30th, better happen by then...Need a good birthday present.] I think you will be very happy before your birthday.
9-17-2020 Newshound Guru Pimpy ...There's discussion about the exchange rate it needs to change. So the anticipation is that the rate change would be in the 2021 budget. There's no guarantee. I'm just saying that appears based on what is being said that seem to be the case...we're running into some serious deadlines...
9-17-2020 Newshound Guru Jeff Iraq in '17...almost 3 years ago they performed a test. They unpegged from the dollar and went to a currency assortment basket...historically over the last 100 years the Iraq dinar the high side of it was about $4.20 the low side was about $2.50...Over the last 100 years the Iraq dinar has not gone below $2 bucks. This is a reinstatement. That means they're going to put the value of the Iraq dinar back to where it was...a restoration of it. It devalued in 2004 against the dollar at $3.22...today we're in the year of 2020. So here we are 15 years later...because of...the facts and variable...how it's a reinstatement...the high point/low point over the last 100 years...I'm of the opinion...the rate is going to be very close to or around $3.80...
9-17-2020 Newshound Guru MilitiaMan The 2020 budget is not off the table yet, imo. The cannot legislate (enact) it yet. It is not to be looked over. It has a purpose with it... the Cabinet to finish this week and then the Parliament will see it next week...All to be done within or over the legislative time frame of a two week period. They already have had one special session on it already. Most likely imo the 2019 FMLA is inside it, thus, it is being timed accordingly. Lets not forget the electronic systems to be in place at the Borders and the GOI. They need to fire once they decide to go international or expose a new exchange rate. They will need to be transparent. Thus, we see the adjustments being made to personnel at 8-9 key places. They include the CBI. All still looks very promising...imo.
9-16-2020 Intel Guru Bruce let’s start off with where are we?? Where the heck are we?? Laughing – We are waiting...gathering intel...until...it is our time to go and exchange...I can tell you this – we were looking for something to happen for us as soon as today [Tuesday] – from a major bank...we do know some things are happening and definitely happening behind the scenes that we can sort of talk about...we were told we were...told consider Wednesday – Thursday and Friday - and possibly into the weekend...We had one of the individuals that works for a major bank said he was positive that this was going to go - sometime this week but we didn’t have a specific date... we are just going to have to see when it’s going to be our turn to tee off...
9-16-2020 Intel Guru MarkZ [Some sources say only .47 cents for the dong….] Different sources…banking sources all have different thoughts…even at that rate it sure beats a lottery ticket for what we bought it for.
9-16-2020 Newshound Guru Mnt Goat "AFTER THE APPOINTMENT OF A NEW GOVERNOR OF THE CENTRAL BANK … THE VICE-RELATIONSHIP REQUESTS RETIREMENT, AND THE GENERAL MANAGER APPLIES FOR A ONE-YEAR LEAVE" so what does this mean for us and our investment in the dinar? It means we are one step closer. We have been looking for this move all along...Will the new governor Al-Kitab support doing the project to delete the zeros? Will he support moving to a float on FOREX? We wait and see. I think this move is indicative of what must happen and the answer is YES,YES and YES! It is just a matter of time now…
9-16-2020 Newshound Guru Adam Montana ...some articles...that focus on HCL (article 140/HCL/etc)... Quotes: "there is an agreement between Baghdad and Erbil to resolve all pending issues, and for the constitution to be the rule, and a phased agreement was obtained from 3 months until the end of 2020, and we intend to conclude a new agreement to be implemented under the 2021 budget."; "...it is possible to reach consensus formulas regarding the federal government's authority over border crossings and disputed areas, and the oil and gas law," this is undeniably exciting! The Budget, Article 140, HCL - those are all tied together, and it's basically ALL we need for Iraq to increase their value...Seriously! IT DOES NOT GET MUCH BETTER!!!
9-16-2020 Newshound Guru Pimpy ...I absolutely believe soon or later the Iraqi dinar will experience a rate change. For me it's not a matter of if it's just a matter of when. But that's just my opinion. There's many reasons for me to believe that and I share them with you...now I get it. You guys are going, 'wait a minute we were told something's going to happen on the 15th.' Yeah here's the funny thing. I was told that too by so-called insiders...don't listen to people like that. When they say they got insider information don't automatically assume that they got legitimate insider information...the best that we could do is make an intelligent decision based on the information that we see...no body knows when these things are gonna happen but they're gonna happen. Hang tight. Think positive.
9-16-2020 Newshound/Intel Guru Mnt Goat ...We know that Iraq under Trump now has the full backing of the US and this is what we have waiting so long to hear... Trump surely sees the great economic potential for US companies and is trying to honestly address the issues that hurt and prevent them from investing in Iraq, then harvest the benefits...we hear news of Trump visiting Iraq later this week...
9-16-2020 Intel Guru MarkZ ...I am trying to find out what is happening with the timing…the news is all over this week and not making a lot of sense...I have government sources who still say we are looking at this week...Stay grounded and look at the fundamentals…There are a crap ton of rumors out there...Most of my top connected sources have said that they have agreed to a set schedule…we are just guessing at that schedule...We do not know and there is a reason for that. They have compartmentalized this thing….they have to for security reasons...I don’t think the can has been kicked…just our news is flawed...So for better or for worse- that is the news.
9-16-2020 Newshound Guru Jeff ...this is just amazing Article "Al-Abadi's coalition express its support for Al-Kazemi's changes in administrative positions". This is a really good article. Let's look down to the highlights Quote: "The changes made by Prime Minister Kazemi yesterday on Monday were necessary in order to complete the reform process." This one is awesome quote "In the coming days may witness new changes according to the government's policy of conducting comprehensive political and economic reform..." Lots of amazing news...
9-16-2020 Newshound/Intel Guru Mnt Goat Article: "THE INDEPENDENT: IRAQ HAS NO CHOICE BUT TO TAKE AUSTERITY MEASURES OR FLOAT THE CURRENCY" The...article is telling us they really have no choice but to now FLOAT their currency and end these currency auctions. Will they? ...we wait to see just what they decide to do. If they decide to FLOAT they will have to RV to at least around a 1.00 then do the project to delete the zeros. Then soon move to FOREX on the planned float. This is when we go to the bank….
9-16-2020 Intel Guru MarkZ [Some sources say only .47 cents for the dong….] Different sources…banking sources all have different thoughts…even at that rate it sure beats a lottery ticket for what we bought it for.
9-16-2020 Newshound Guru Mnt Goat "AFTER THE APPOINTMENT OF A NEW GOVERNOR OF THE CENTRAL BANK … THE VICE-RELATIONSHIP REQUESTS RETIREMENT, AND THE GENERAL MANAGER APPLIES FOR A ONE-YEAR LEAVE" so what does this mean for us and our investment in the dinar? It means we are one step closer. We have been looking for this move all along...Will the new governor Al-Kitab support doing the project to delete the zeros? Will he support moving to a float on FOREX? We wait and see. I think this move is indicative of what must happen and the answer is YES,YES and YES! It is just a matter of time now…
9-16-2020 Newshound Guru Adam Montana ...some articles...that focus on HCL (article 140/HCL/etc)... Quotes: "there is an agreement between Baghdad and Erbil to resolve all pending issues, and for the constitution to be the rule, and a phased agreement was obtained from 3 months until the end of 2020, and we intend to conclude a new agreement to be implemented under the 2021 budget."; "...it is possible to reach consensus formulas regarding the federal government's authority over border crossings and disputed areas, and the oil and gas law," this is undeniably exciting! The Budget, Article 140, HCL - those are all tied together, and it's basically ALL we need for Iraq to increase their value...Seriously! IT DOES NOT GET MUCH BETTER!!!
9-16-2020 Newshound Guru Pimpy ...I absolutely believe soon or later the Iraqi dinar will experience a rate change. For me it's not a matter of if it's just a matter of when. But that's just my opinion. There's many reasons for me to believe that and I share them with you...now I get it. You guys are going, 'wait a minute we were told something's going to happen on the 15th.' Yeah here's the funny thing. I was told that too by so-called insiders...don't listen to people like that. When they say they got insider information don't automatically assume that they got legitimate insider information...the best that we could do is make an intelligent decision based on the information that we see...no body knows when these things are gonna happen but they're gonna happen. Hang tight. Think positive.
9-16-2020 Newshound/Intel Guru Mnt Goat ...We know that Iraq under Trump now has the full backing of the US and this is what we have waiting so long to hear... Trump surely sees the great economic potential for US companies and is trying to honestly address the issues that hurt and prevent them from investing in Iraq, then harvest the benefits...we hear news of Trump visiting Iraq later this week...
9-16-2020 Intel Guru MarkZ ...I am trying to find out what is happening with the timing…the news is all over this week and not making a lot of sense...I have government sources who still say we are looking at this week...Stay grounded and look at the fundamentals…There are a crap ton of rumors out there...Most of my top connected sources have said that they have agreed to a set schedule…we are just guessing at that schedule...We do not know and there is a reason for that. They have compartmentalized this thing….they have to for security reasons...I don’t think the can has been kicked…just our news is flawed...So for better or for worse- that is the news.
9-16-2020 Newshound Guru Jeff ...this is just amazing Article "Al-Abadi's coalition express its support for Al-Kazemi's changes in administrative positions". This is a really good article. Let's look down to the highlights Quote: "The changes made by Prime Minister Kazemi yesterday on Monday were necessary in order to complete the reform process." This one is awesome quote "In the coming days may witness new changes according to the government's policy of conducting comprehensive political and economic reform..." Lots of amazing news...
9-16-2020 Newshound/Intel Guru Mnt Goat Article: "THE INDEPENDENT: IRAQ HAS NO CHOICE BUT TO TAKE AUSTERITY MEASURES OR FLOAT THE CURRENCY" The...article is telling us they really have no choice but to now FLOAT their currency and end these currency auctions. Will they? ...we wait to see just what they decide to do. If they decide to FLOAT they will have to RV to at least around a 1.00 then do the project to delete the zeros. Then soon move to FOREX on the planned float. This is when we go to the bank….
9-14-2020 *** Dinar Guru News Flash *** News articles out of Iraq are indicating Iraq's Prime Minister Al-Kazemi has appointed a new Central Bank of Iraq governor. Stay tuned as the gurus chime in on what impact this major appointment will have on the dinar and the timing of a possible RV/rate change. The latest gurus posts will continue below...
9-15-2020 Intel Guru Frank26 ...The next thing we should see is Kazemi dissolving parliament because he's already replacing all the political positions...now they're all scrambling. You know, turn the lights on and the cockroaches run...Maliki is in Iran and he's looking for a home...Maliki is a man without a country...he [Kazemi] is replacing ministers let and right...
9-15-2020 Newshound/Intel Guru Mnt Goat We also heard just recently that the governor position is up for grabs too and it is just a matter of time before they select and announce the new director. Then on Monday this announcement came out and I quote: “after the appointment of a new governor of the central bank … earlier in the day, prime minister Mustafa al-Kazemi made changes to senior positions, the most prominent of which was the appointment of Mustafa Ghaleb al-Kitab as governor of the central bank instead of the previous governor, Ali al-Alaq." This is WOW news! ...If these events were a piece of clay, we would see them molding Iraq into the necessary reforms that need to take place and get us to the bank... [post 2 of 2]
9-15-2020 Newshound/Intel Guru Mnt Goat Ours news today is extraordinary. It is all very good…finally! So, last week the new finance minister Allawi under al-Kazemi came out and told us they must revisit the exchange rate of the dinar. This week we hear from a British economists telling Iraq they only have two alternatives to survive: either to drastically cut expenditures or put their currency on a float and let the market drive it. This is their survival. Then again this period also, other Iraqi economists and financial experts also talked about the currency auction corruption. Then we hear the CBI deny it all. Amazingly enough then we get an article soon afterwards telling us that al-Kazemi is making many drastic changes in high level personnel positions in the CBI. Go figure? [post 1 of 2....stay tuned]
9-15-2020 Intel Guru Frank26 ...we got a date and a rate. IMO it's in the white papers and President Trump and Kazemi both talked about it...IMO they said we've got everything done...Donald Trump and Kazemi came up with plans about the new exchange rate and about the date of announcing the new exchange rate...I know they're going to raise the value of the currency...the investors are gonna start pouring in very soon now...this month...Oh my gosh the money that they're going to make is amazing...
9-15-2020 Intel Guru MarkZ ...Lots of expectation and anticipation. I think there is a lot of sitting and waiting for that big “Phone call”...There are a lot of confident folks…bankers, attorneys...They are hearing the shoe drops today as far as news …We are expecting a week full of news and movement. I am told to expect some very big news days this week…We are really close…
9-15-2020 Newshound/Intel Guru Petra ...we got the new director of the Iraqi Trade Bank of Iraq...Kazemi replaced him. We now have a new chairman for the National Investment commission. We have a new Chairman of the Securities Commission. We've got a new Deputy of Operations for the Iraqi National Intelligence Service. We got the new Chairman of the Integrity Commission. All these people have to do with finance and law and enforcing law. But to replace every single financial leadership position in the country [Other than two banks]...talk about excitement. People have got to be ecstatic that he has basically come in here and changed every single person that has anything to do with finance in the that country. I have got to believe that was a requirement from the Fab 4...I'm very very excited about what's happening. It's all happened so quickly. And we're still within the 30-day timeline of when Kazemi was in the U.S. All this has happened in less than 30 days...it keeps getting better.
9-15-2020 Newshound Guru Adam Montana They [Iraq] put a lot of effort, time, and money into protecting a currency that isn't worth much... why would they do that? Answer: Because the current value is not permanent.
9-15-2020 Intel Guru Footforward [Looks like they did change the cbi governor. Alak has been replaced. Looks like about 8 others were replaced by al Khazemi as well.] ...Alak wasn't the hold up. They just needed a change culture wise in the CBI. It's had gotten stale. It helps to have him out but this one thing will not cause the RV to suddenly happen...
9-15-2020 Newshound/Intel Guru Mnt Goat We also heard just recently that the governor position is up for grabs too and it is just a matter of time before they select and announce the new director. Then on Monday this announcement came out and I quote: “after the appointment of a new governor of the central bank … earlier in the day, prime minister Mustafa al-Kazemi made changes to senior positions, the most prominent of which was the appointment of Mustafa Ghaleb al-Kitab as governor of the central bank instead of the previous governor, Ali al-Alaq." This is WOW news! ...If these events were a piece of clay, we would see them molding Iraq into the necessary reforms that need to take place and get us to the bank... [post 2 of 2]
9-15-2020 Newshound/Intel Guru Mnt Goat Ours news today is extraordinary. It is all very good…finally! So, last week the new finance minister Allawi under al-Kazemi came out and told us they must revisit the exchange rate of the dinar. This week we hear from a British economists telling Iraq they only have two alternatives to survive: either to drastically cut expenditures or put their currency on a float and let the market drive it. This is their survival. Then again this period also, other Iraqi economists and financial experts also talked about the currency auction corruption. Then we hear the CBI deny it all. Amazingly enough then we get an article soon afterwards telling us that al-Kazemi is making many drastic changes in high level personnel positions in the CBI. Go figure? [post 1 of 2....stay tuned]
9-15-2020 Intel Guru Frank26 ...we got a date and a rate. IMO it's in the white papers and President Trump and Kazemi both talked about it...IMO they said we've got everything done...Donald Trump and Kazemi came up with plans about the new exchange rate and about the date of announcing the new exchange rate...I know they're going to raise the value of the currency...the investors are gonna start pouring in very soon now...this month...Oh my gosh the money that they're going to make is amazing...
9-15-2020 Intel Guru MarkZ ...Lots of expectation and anticipation. I think there is a lot of sitting and waiting for that big “Phone call”...There are a lot of confident folks…bankers, attorneys...They are hearing the shoe drops today as far as news …We are expecting a week full of news and movement. I am told to expect some very big news days this week…We are really close…
9-15-2020 Newshound/Intel Guru Petra ...we got the new director of the Iraqi Trade Bank of Iraq...Kazemi replaced him. We now have a new chairman for the National Investment commission. We have a new Chairman of the Securities Commission. We've got a new Deputy of Operations for the Iraqi National Intelligence Service. We got the new Chairman of the Integrity Commission. All these people have to do with finance and law and enforcing law. But to replace every single financial leadership position in the country [Other than two banks]...talk about excitement. People have got to be ecstatic that he has basically come in here and changed every single person that has anything to do with finance in the that country. I have got to believe that was a requirement from the Fab 4...I'm very very excited about what's happening. It's all happened so quickly. And we're still within the 30-day timeline of when Kazemi was in the U.S. All this has happened in less than 30 days...it keeps getting better.
9-15-2020 Newshound Guru Adam Montana They [Iraq] put a lot of effort, time, and money into protecting a currency that isn't worth much... why would they do that? Answer: Because the current value is not permanent.
9-15-2020 Intel Guru Footforward [Looks like they did change the cbi governor. Alak has been replaced. Looks like about 8 others were replaced by al Khazemi as well.] ...Alak wasn't the hold up. They just needed a change culture wise in the CBI. It's had gotten stale. It helps to have him out but this one thing will not cause the RV to suddenly happen...
9-14-2020 Newshound Guru Jeff ...the period you're in is red hot...My opinion is I think they're going to change the rate for Iraq on Sunday morning of 9-20... everything's right on track moving in the right direction...you are in the hottest time frame of this investment that you've ever been in right now. It could not be any better or look any better.
9-14-2020 Newshound Guru Pimpy ...as usual Al-Kazemi looking like a superstar. Remember when he first got into office he had made a comment to removing and replacing about 1,000 senior positions there. Really draining the Iraqi swamp...this seems to be happening. Article: "The first Sunni comment on A-Kazemi's incursion into the ranks of the "deep state" Yeah, he's draining the swamp...I feel very positive about this...I'm excited about it.
9-14-2020 Newshound Guru Kaperoni It is confirmed...Ali al-Alaq is out as CBI Governor. New CBI Governor is Mustafa Ghaleb...
9-14-2020 Newshound Guru MilitiaMan ...We know the goal is to go to a social market economy. A Market economy is free to trade across borders. A program rate doesn't get into the free markets. But, an international rate does get them into a market economy...Where they can borrow in effect from themselves with leverage from the value of the new exchange rate/currency. Just as the IMF and World Bank have told them. We see a clear theme lately that is pointing to that Iraq is backed into a corner. They have no liquidity to pay salaries and they tell us they have two choices...Austerity or float the currency. ...So from the looks of things the cards will be on the table soon enough to see if any of this is pertinent or not. My bet is what is in print supports they will see the reforms through now...The solutions is to raise the value (financing by inflation) and floating the currency. imo.
9-14-2020 Intel Guru MarkZ [via PDK] Iraqi sources are pretty confident that they will get a new rate this week. All the chatter everywhere is excellent. I am getting a lot of chatter that things start here tomorrow in the US and all over the world for the redemption process...Chatter has been exceptionally good for positioning to start this week. [How confident about exchanging this week?] As long as everything continues to move forward I feel it will be late in the week…
9-14-2020 Newshound Guru Jeff We have some very amazing news that I'm shocked to see...it's good. Article: "The first Sunni comment on Al-Kazemi's incursion into the ranks of the "deep state" Quote: "...Prim Minister Kazemi made major changes in a number of government position most notably the Central Bank Governor of Iraq..." ...the original Central Bank governor was only a proxy. He was temporary. There was some theory that we might need to see a new Central Bank Governor before the rate could change and there you go...has now officially happened...as you see they're cleaning house, making a lot of changes right now. That's good.
9-14-2020 Newshound Guru Kaperoni There is a lot of talk in the media about the government submitting the economic reform law by the end of month to parliament. This is an important law and we need to watch closely to see if there is anything on it regarding currency reform.
9-14-2020 Newshound Guru Jeff ...Iraq can only pay [contracts with the Iraqi dinar]. For example I told you that they signed that contract with GE for 1.2 Billion dollars. Because of Article VIII Iraq can only make payment with their currency - the dinar. They cannot use the US dollar. So in order for them to make payments... their currency has to be internationally recognized. GE is not going to accept payment with a non-internationally recognized currency. So anybody receiving payment from Iraq, the Iraqi dinar must be internationally recognized to receive those payments...
9-14-2020 Newshound Guru Pimpy ...as usual Al-Kazemi looking like a superstar. Remember when he first got into office he had made a comment to removing and replacing about 1,000 senior positions there. Really draining the Iraqi swamp...this seems to be happening. Article: "The first Sunni comment on A-Kazemi's incursion into the ranks of the "deep state" Yeah, he's draining the swamp...I feel very positive about this...I'm excited about it.
9-14-2020 Newshound Guru Kaperoni It is confirmed...Ali al-Alaq is out as CBI Governor. New CBI Governor is Mustafa Ghaleb...
9-14-2020 Newshound Guru MilitiaMan ...We know the goal is to go to a social market economy. A Market economy is free to trade across borders. A program rate doesn't get into the free markets. But, an international rate does get them into a market economy...Where they can borrow in effect from themselves with leverage from the value of the new exchange rate/currency. Just as the IMF and World Bank have told them. We see a clear theme lately that is pointing to that Iraq is backed into a corner. They have no liquidity to pay salaries and they tell us they have two choices...Austerity or float the currency. ...So from the looks of things the cards will be on the table soon enough to see if any of this is pertinent or not. My bet is what is in print supports they will see the reforms through now...The solutions is to raise the value (financing by inflation) and floating the currency. imo.
9-14-2020 Intel Guru MarkZ [via PDK] Iraqi sources are pretty confident that they will get a new rate this week. All the chatter everywhere is excellent. I am getting a lot of chatter that things start here tomorrow in the US and all over the world for the redemption process...Chatter has been exceptionally good for positioning to start this week. [How confident about exchanging this week?] As long as everything continues to move forward I feel it will be late in the week…
9-14-2020 Newshound Guru Jeff We have some very amazing news that I'm shocked to see...it's good. Article: "The first Sunni comment on Al-Kazemi's incursion into the ranks of the "deep state" Quote: "...Prim Minister Kazemi made major changes in a number of government position most notably the Central Bank Governor of Iraq..." ...the original Central Bank governor was only a proxy. He was temporary. There was some theory that we might need to see a new Central Bank Governor before the rate could change and there you go...has now officially happened...as you see they're cleaning house, making a lot of changes right now. That's good.
9-14-2020 Newshound Guru Kaperoni There is a lot of talk in the media about the government submitting the economic reform law by the end of month to parliament. This is an important law and we need to watch closely to see if there is anything on it regarding currency reform.
9-14-2020 Newshound Guru Jeff ...Iraq can only pay [contracts with the Iraqi dinar]. For example I told you that they signed that contract with GE for 1.2 Billion dollars. Because of Article VIII Iraq can only make payment with their currency - the dinar. They cannot use the US dollar. So in order for them to make payments... their currency has to be internationally recognized. GE is not going to accept payment with a non-internationally recognized currency. So anybody receiving payment from Iraq, the Iraqi dinar must be internationally recognized to receive those payments...
9-13-2020 Newshound Guru MilitiaMan We see that in...articles that are out lately that the reform papers and budgets are being talked about. They talk about not only the 2019, 2020 and 2021. They will not hopscotch around any of them... They are to be in-sync and in order. They feed off each other. The Finance Minister has shown the 2020 Draft to the parliament days ago. The draft has the exchange rate at a program rate, as it has been not voted on it yet, a not normal thing at all. But they tell us that the budget can be changed or delayed. In other words the 2020 budget can be amended. I believe there is support that it will be amended away from a program rate. Because, they are not able to borrow at a program rate or they would have already. They have exhausted all avenues with the IMF, WB, countries, etc...imo...
9-13-2020 Newshound Guru Jeff Why is Iraq in the process of approving a 3-year budget? Why 3? Why no just the '21 budget? It's because of the reforms. They told you the reforms can only be implemented in stages and phases. So they can only implement the reforms over an extended period of time. They're showing you they're starting the reforms in this year of 2020 - in the second half of the year...they're going to span the reforms over almost a 4-year period...from 2020 through '23...
9-13-2020 Newshound/Intel Guru Mnt Goat Article: "The Independent: Iraq has no choice but to take austerity measures or float the currency" Finally!!! We have some news we wanted to hear for almost a year now. Yes, this is HUGE and WOW...news for us.
9-13-2020 Newshound Guru Jeff ...there is no rate inside the budget...because the reforms are in the budget that makes the budget married to the rate change. Because the reforms require the currency to become internationally recognized... that's whey the budget is married to the rate change. That's also why the reforms are inside the budget, that makes everything married to the rate change and dependent on the rate change. They're showing you that they couldn't implement these reforms and push forward with them until the currency is internationally recognized...that's what we're waiting for...
9-13-2020 Newshound Guru Pimpy Article: "Iraqi Politician Calls For Normalization of Ties with Israel" ...more possible peace in the Middle East...now Iraq politicians are indeed wanting to normalize ties with Israel...you're gonna see more of this. More and more. Then of course the media is going to keep trying to find ways to keep you distracted from all the great things that Trump has done...who does not want peace? ...I would love to see peace in the Middle East. I would love to see them flourish. I really would. I want to go there and visit.
9-13-2020 Newshound Guru Jeff Why is Iraq in the process of approving a 3-year budget? Why 3? Why no just the '21 budget? It's because of the reforms. They told you the reforms can only be implemented in stages and phases. So they can only implement the reforms over an extended period of time. They're showing you they're starting the reforms in this year of 2020 - in the second half of the year...they're going to span the reforms over almost a 4-year period...from 2020 through '23...
9-13-2020 Newshound/Intel Guru Mnt Goat Article: "The Independent: Iraq has no choice but to take austerity measures or float the currency" Finally!!! We have some news we wanted to hear for almost a year now. Yes, this is HUGE and WOW...news for us.
9-13-2020 Newshound Guru Jeff ...there is no rate inside the budget...because the reforms are in the budget that makes the budget married to the rate change. Because the reforms require the currency to become internationally recognized... that's whey the budget is married to the rate change. That's also why the reforms are inside the budget, that makes everything married to the rate change and dependent on the rate change. They're showing you that they couldn't implement these reforms and push forward with them until the currency is internationally recognized...that's what we're waiting for...
9-13-2020 Newshound Guru Pimpy Article: "Iraqi Politician Calls For Normalization of Ties with Israel" ...more possible peace in the Middle East...now Iraq politicians are indeed wanting to normalize ties with Israel...you're gonna see more of this. More and more. Then of course the media is going to keep trying to find ways to keep you distracted from all the great things that Trump has done...who does not want peace? ...I would love to see peace in the Middle East. I would love to see them flourish. I really would. I want to go there and visit.
9-12-2020 Intel Guru Bruce [via WiserNow] ...Trump is very much looking forward to this being over...I believe that it puts us...in a situation to look very strongly toward this coming Tuesday for us...So we’re moving along – it’s coming – The SWIFT system worked to catch some bad guys – everything is like it should be - President Trump was I think pretty adamant about getting this thing started...
9-12-2020 Newshound Guru Adam Montana ... Iraq can base their figures and strategy and future on anything they want, even a new IPO "Iraqi Premium Oil", or anything they want. Somebody should ask Kazzammi if he has a copy of one of Bill Gates favorites - "How to Lie With Statistics". This is a fiat game, where everything is based on nothing more than arbitrary values, and Iraq knows this. When they want to move the value up, they will do so based on whatever market/stats/reasoning they want... and if it's preceded by a solid HCL move, they are not going to have a hard time selling it. Not hard, at all. Can. Not. Wait. It is coming.
9-12-2020 Newshound Guru Jeff Comment: "I've been hearing this since 2010, something always comes up to stop it..." This is the 1st time in Iraq's history they've ever been ready to change their rate...You can't delay something that's never been ready to happen...when you look back at this they never had stability. They've had corruption. They've had one of the most corrupt governments in the world...they've never had this level of stability...
9-12-2020 Newshound Guru MilitiaMan Article: "Al-Kazemi, on the region's outlets: I have touched a positive atmosphere in Erbil, and this is in the service of the country" There you go!!! They are integrating the federal and regional governments that includes the border outlets. The amount of customs and tax revenues will be massive over time...It will be a mechanism that will help pay salaries and provide an environment that will decrease the need for borrowing. ...With the system integrated with block chain technology, they'll be able to know where the money is at all times and for what, from who and when...They are removing all obstacles that hinder trade exchange processes. That means they have now or will have the ability to move international capital at the borders to facilitate trade exchange. K and B's meeting has been a success from the looks of it...This article reeks of good times ahead!! imo. Once they get the Rate they can cross borders to the big time. imo.
9-12-2020 Intel Guru MarkZ [via PDK] [I heard Vietnam can’t RV because they are on the money manipulation list and until they are removed no RV for them?] My banker contacts disagree with that…i think that is more of the smoke here at the end.
9-12-2020 Newshound Guru Pimpy Article "Al-Kazemi arrives in Halabja" You're gonna see a lot of articles talking about Erbil and Baghdad trying to get things ironed out...we know what needs to be done. The only thing that's changing right now...is the atmosphere in the amount of cooperation going on between Erbil and Baghdad. We know this has to be ironed out...They can't go forward with the budget until they get this agreement knocked out...this has to happen very soon. We know that there's a deadline on the budget getting to parliamentary for it to be voted on...We also know they have to review the reform papers and decide whether or not they're going to make the changes recommended including the rate change and implement it into the 2021 budget...it looks like Al-Kazemi has rolled up his sleeves. He is over there with Bersani as well as Telebani and they're getting these things knocked out...
9-12-2020 Newshound Guru Kaperoni You might want to read up on how countries transition from peg to float...They do not RV first they simply change from peg to float. So when they decide, they will simply change and the rate starts at what it is at the time...which is 1190. ...Not once has has the CBI not done what the IMF said in 15 years I have been reviewing docs. Your a fool to think they would do otherwise. They have a charter to follow to remain members in the UN, IMF and WB. They cannot RV the dinar...ever with over 42 trillion sitting in mattresses...
9-12-2020 Intel Guru Bruce [via WiserNow] ...we were able to get a surge of information...So – here’s where we are...in terms of our timing – first of all – we did have a slight hold up... Just when we thought we were completely off of the SWIFT System - We are NOT off the Swift yet – it is still in use – or able to be used - for the remainder of this month...Why would they allow that system to run parallel to the QFS? Why would they let that happen? To catch the bad guys – that is exactly what they did today – This is why we were held up...this was global not just here – that is a very positive result that has occurred as a result of that...
9-12-2020 Newshound Guru Adam Montana ... Iraq can base their figures and strategy and future on anything they want, even a new IPO "Iraqi Premium Oil", or anything they want. Somebody should ask Kazzammi if he has a copy of one of Bill Gates favorites - "How to Lie With Statistics". This is a fiat game, where everything is based on nothing more than arbitrary values, and Iraq knows this. When they want to move the value up, they will do so based on whatever market/stats/reasoning they want... and if it's preceded by a solid HCL move, they are not going to have a hard time selling it. Not hard, at all. Can. Not. Wait. It is coming.
9-12-2020 Newshound Guru Jeff Comment: "I've been hearing this since 2010, something always comes up to stop it..." This is the 1st time in Iraq's history they've ever been ready to change their rate...You can't delay something that's never been ready to happen...when you look back at this they never had stability. They've had corruption. They've had one of the most corrupt governments in the world...they've never had this level of stability...
9-12-2020 Newshound Guru MilitiaMan Article: "Al-Kazemi, on the region's outlets: I have touched a positive atmosphere in Erbil, and this is in the service of the country" There you go!!! They are integrating the federal and regional governments that includes the border outlets. The amount of customs and tax revenues will be massive over time...It will be a mechanism that will help pay salaries and provide an environment that will decrease the need for borrowing. ...With the system integrated with block chain technology, they'll be able to know where the money is at all times and for what, from who and when...They are removing all obstacles that hinder trade exchange processes. That means they have now or will have the ability to move international capital at the borders to facilitate trade exchange. K and B's meeting has been a success from the looks of it...This article reeks of good times ahead!! imo. Once they get the Rate they can cross borders to the big time. imo.
9-12-2020 Intel Guru MarkZ [via PDK] [I heard Vietnam can’t RV because they are on the money manipulation list and until they are removed no RV for them?] My banker contacts disagree with that…i think that is more of the smoke here at the end.
9-12-2020 Newshound Guru Pimpy Article "Al-Kazemi arrives in Halabja" You're gonna see a lot of articles talking about Erbil and Baghdad trying to get things ironed out...we know what needs to be done. The only thing that's changing right now...is the atmosphere in the amount of cooperation going on between Erbil and Baghdad. We know this has to be ironed out...They can't go forward with the budget until they get this agreement knocked out...this has to happen very soon. We know that there's a deadline on the budget getting to parliamentary for it to be voted on...We also know they have to review the reform papers and decide whether or not they're going to make the changes recommended including the rate change and implement it into the 2021 budget...it looks like Al-Kazemi has rolled up his sleeves. He is over there with Bersani as well as Telebani and they're getting these things knocked out...
9-12-2020 Newshound Guru Kaperoni You might want to read up on how countries transition from peg to float...They do not RV first they simply change from peg to float. So when they decide, they will simply change and the rate starts at what it is at the time...which is 1190. ...Not once has has the CBI not done what the IMF said in 15 years I have been reviewing docs. Your a fool to think they would do otherwise. They have a charter to follow to remain members in the UN, IMF and WB. They cannot RV the dinar...ever with over 42 trillion sitting in mattresses...
9-12-2020 Intel Guru Bruce [via WiserNow] ...we were able to get a surge of information...So – here’s where we are...in terms of our timing – first of all – we did have a slight hold up... Just when we thought we were completely off of the SWIFT System - We are NOT off the Swift yet – it is still in use – or able to be used - for the remainder of this month...Why would they allow that system to run parallel to the QFS? Why would they let that happen? To catch the bad guys – that is exactly what they did today – This is why we were held up...this was global not just here – that is a very positive result that has occurred as a result of that...
9-11-2020 Newshound Guru Pimpy ...there is a lot of buzz going on...but again when it comes to what's going on in Iraq you just never know...as I feared the news of the reform papers discussing a possible rate change has gotten many people out there talking about different rates. This is what I'm hoping you guys don't get caught up in...No body knows [the rate]...There are arguments for so many rates it's not even funny. I get bombarded with a lot of people asking me questions about the rates...It is exciting but don't get caught up in all the hype...the fact that you made an investment into a currency and a rate change happens and you benefit from it should make you happy. Don't get me wrong, all of us out there want to get that big payday. Who doesn't. But the point being people have...been down this path a bazillion times...Let this play out. There's a lot of reason to believe that finally finally this year something is going to happen...
9-11-2020 Newshound/Intel Guru Mnt Goat ...Security and stability are at the forefront of investment factors, as capital is looking for a secure and stable environment, a sophisticated banking system and a law that encourages investment away from blackmail, bureaucracy, red tape and corruption. Can Iraq do it? Many ask where is the RV. This is where the RV is going to come from. Read today’s news and ask yourself if Iraq is not moving aggressively in the right direction. The key is the word NOW versus as just talk as we have heard for almost a decade. Yes, they are NOW moving in the right direction as corruption is at a downturn and Iran is being moved out of the country with a roundup of the militias. Folks, the news could not get any better. It gets better and better each week.
9-11-2020 Newshound Guru MilitiaMan Article: "Parliamentary Finance expects a delay in disbursing salaries and warns against "implicating Iraq" with borrowings" Clearly they didn't get that 15 trillion Dinar loan they told us about. They are telling us there will be delays for a few days. Can't imagine why right? lol Kahdimi is in Kurd town through tomorrow. He is talking about major issues and from the sounds of it the most important have been hammered out and the minor issues are out to committees for follow up. Take note of the most important ones and then think about the next 2020 Budget at stake. They cannot borrow at a program rate.. But, they can go to the secondary market once they go to the IMF,s Article 8 compliance to 100%. imo...Article supports that there is to be a special meeting on the 2020 Budget early or at the start of next week. Well that is Sunday...They say in the above they may have delays for a few days...fits with the approval expected at the extraordinary meeting to come shortly... I think things are very hopeful. Lets see what happens...Imo...All good.
9-11-2020 Newshound Guru Adam Montana [It's easier to counterfeit US currency which means that Iraq put in a lot of effort to protect a currency that isn't worth much at the moment...but hopefully will be soon!...] They put a lot of effort, time, and money into protecting a currency that isn't worth much... why would they do that? Answer: Because the current value is not permanent.
9-11-2020 Intel Guru MarkZ [via PDK] ...Some are expecting things to happen today…some are expecting payouts by Tuesday at the latest. I am hearing from government sources – our government, other governments including one is Iraq that are squarely looking at the 15th. Some good chatter finally after a week of quiet.
9-11-2020 Newshound Guru Pimpy Article "Parliamentary Finance: The government's economic reform paper will be presented at the end of this September" ...those reform papers will be there by the end of this month. What does that mean? That means we really just gotta relax, take a deep breath and realize that we're already on the 10th day of this month. What are we about 3 weeks away from the end of the month? We will know a whole lot more by the end of the month...we are anticipating some very very interesting news by the end of this month.
9-11-2020 Newshound Guru Jeff Article "Parliamentary Finance: Budget 2020 will bring a boom in the Iraqi economy" This article pretty much is confirming that everything is rigged and has been set, planned and staged for quite some time...look at the date on this article - it's from June 29th 2019 last year... Quote: "The finance committee of the parliamentary, Saturday, their agreement with the Ministers of Finance to receive the draft budget next year in September, indicating that the budget 2020 will make a quantum leap in the Iraqi economy." Since June of last year they've had preparations to delay the budget until September of 2020...it doesn't get any better than that. Huge news...
9-11-2020 Newshound/Intel Guru Mnt Goat Let’s joggle our memories for a second. Remember too that under Dr. Shiini Shabibi, then governor of the Central Bank of Iraq, was more than willing to go complete the project to delete the zeros in late 2012 and then reinstate the dinar to FOREX in January of 2013. How could he then without a robust economy and demand for the dinar. I trust this expert and so maybe Iraq does not need so much this “robust economy” all...elude to. Remember that Iraq was much worst off then they are even today in 2020 then they were in 2012. This all tells us that it is not so much the economy that is needed but the end to the corruption and Iranian influence. This is called stability and security. [post 2 of 2]
9-11-2020 Newshound/Intel Guru Mnt Goat Many...gurus tell you that Iraq must first build a robust economy and create a demand for the dinar. But how does this happen if they keep Iraq in a sanction like isolation and status. It is time to break Iraq out of these sanctions and go global. We know it and they know it. So, what comes first the economy or the currency? Is the currency reform an important part to kick start the economy? Yes, it is. [post 1 of 2....stay tuned]
9-11-2020 Newshound/Intel Guru Mnt Goat ...Security and stability are at the forefront of investment factors, as capital is looking for a secure and stable environment, a sophisticated banking system and a law that encourages investment away from blackmail, bureaucracy, red tape and corruption. Can Iraq do it? Many ask where is the RV. This is where the RV is going to come from. Read today’s news and ask yourself if Iraq is not moving aggressively in the right direction. The key is the word NOW versus as just talk as we have heard for almost a decade. Yes, they are NOW moving in the right direction as corruption is at a downturn and Iran is being moved out of the country with a roundup of the militias. Folks, the news could not get any better. It gets better and better each week.
9-11-2020 Newshound Guru MilitiaMan Article: "Parliamentary Finance expects a delay in disbursing salaries and warns against "implicating Iraq" with borrowings" Clearly they didn't get that 15 trillion Dinar loan they told us about. They are telling us there will be delays for a few days. Can't imagine why right? lol Kahdimi is in Kurd town through tomorrow. He is talking about major issues and from the sounds of it the most important have been hammered out and the minor issues are out to committees for follow up. Take note of the most important ones and then think about the next 2020 Budget at stake. They cannot borrow at a program rate.. But, they can go to the secondary market once they go to the IMF,s Article 8 compliance to 100%. imo...Article supports that there is to be a special meeting on the 2020 Budget early or at the start of next week. Well that is Sunday...They say in the above they may have delays for a few days...fits with the approval expected at the extraordinary meeting to come shortly... I think things are very hopeful. Lets see what happens...Imo...All good.
9-11-2020 Newshound Guru Adam Montana [It's easier to counterfeit US currency which means that Iraq put in a lot of effort to protect a currency that isn't worth much at the moment...but hopefully will be soon!...] They put a lot of effort, time, and money into protecting a currency that isn't worth much... why would they do that? Answer: Because the current value is not permanent.
9-11-2020 Intel Guru MarkZ [via PDK] ...Some are expecting things to happen today…some are expecting payouts by Tuesday at the latest. I am hearing from government sources – our government, other governments including one is Iraq that are squarely looking at the 15th. Some good chatter finally after a week of quiet.
9-11-2020 Newshound Guru Pimpy Article "Parliamentary Finance: The government's economic reform paper will be presented at the end of this September" ...those reform papers will be there by the end of this month. What does that mean? That means we really just gotta relax, take a deep breath and realize that we're already on the 10th day of this month. What are we about 3 weeks away from the end of the month? We will know a whole lot more by the end of the month...we are anticipating some very very interesting news by the end of this month.
9-11-2020 Newshound Guru Jeff Article "Parliamentary Finance: Budget 2020 will bring a boom in the Iraqi economy" This article pretty much is confirming that everything is rigged and has been set, planned and staged for quite some time...look at the date on this article - it's from June 29th 2019 last year... Quote: "The finance committee of the parliamentary, Saturday, their agreement with the Ministers of Finance to receive the draft budget next year in September, indicating that the budget 2020 will make a quantum leap in the Iraqi economy." Since June of last year they've had preparations to delay the budget until September of 2020...it doesn't get any better than that. Huge news...
9-11-2020 Newshound/Intel Guru Mnt Goat Let’s joggle our memories for a second. Remember too that under Dr. Shiini Shabibi, then governor of the Central Bank of Iraq, was more than willing to go complete the project to delete the zeros in late 2012 and then reinstate the dinar to FOREX in January of 2013. How could he then without a robust economy and demand for the dinar. I trust this expert and so maybe Iraq does not need so much this “robust economy” all...elude to. Remember that Iraq was much worst off then they are even today in 2020 then they were in 2012. This all tells us that it is not so much the economy that is needed but the end to the corruption and Iranian influence. This is called stability and security. [post 2 of 2]
9-11-2020 Newshound/Intel Guru Mnt Goat Many...gurus tell you that Iraq must first build a robust economy and create a demand for the dinar. But how does this happen if they keep Iraq in a sanction like isolation and status. It is time to break Iraq out of these sanctions and go global. We know it and they know it. So, what comes first the economy or the currency? Is the currency reform an important part to kick start the economy? Yes, it is. [post 1 of 2....stay tuned]
9-10-2020 Intel Guru RayRen98 Iraqi TV is stating that the economic and financial reform papers will be presented to Parliament at the end of September. PM Al-Kadhimi's visit to Kurdistan was a key factor in relations between Kurdistan and Baghdad.
9-10-2020 Newshound/Intel Guru RVAlready I think Kazemi intends to bypass parliament on the RV, as they are mostly corrupt. He will send them a copy of the white paper to read, but that is all the power they will get. They will be voted out of office next year, and many arrested for corruption. IMO.
9-10-2020 Newshound Guru Pimpy ...nobody knows what the rate's gonna be. Nobody. I've had people approaching me about some of the most ridiculous things I've ever heard - $4.00, $5.00, $10.00 for the rate exchange...there are reason to speculate about a particular rate. I've used past articles. I've used past CBI meeting readings. I've used past discussions between the government about the rates that they have discussed to try to get an idea but nobody knows the rate. So you guys just slow down a little bit. I understand it's exciting. It is very exciting. We have not seen any kind of real discussion on anything to do with the dinar in quite some time but...they came out and said 'look one of the things that have to be taken into consideration is we have to do something about this rate so we could be competitive on an international scale' - for the record Pimpy said that months ago... [Post 2 of 2]
9-10-2020 Newshound Guru Pimpy ...I know yesterday's news was pretty exciting but...we need to just take a deep breath and slow down...Both budgets [2020 and 2021] are going to be submitted at the same time. Very very interesting...we saw the news article yesterday it was implied that a rate change must be considered in this paperwork...that doesn't mean anything other than it's being considered. Okay slow down a little bit. Like I said when we're investing don't get overly excited when it's good news and don't get overly down when it looks like negative news. There's reasons to be excited, plenty of reasons but I don't want people to get overly confident...that's important for us to say grounded. It's a low risk high reward situation but there's no guarantees on any investment... [Post 1 of 2....stay tuned]
9-10-2020 Newshound Guru Adam Montana Article: "The regional government delegation arrives in Baghdad to discuss the budget" ...a short summary: Budget, and HCL. There is a LOT of information in that...that is related to HCL. I mean...it's almost ALL HCL. Smothered in Budget sauce. And that is an amazing thing. ...wait in frustration, or patiently knowing what's coming... Iraq can do a lot to change how we remember this Year...GOOOOOO RRRRRRVVVVV!!!
9-10-2020 Newshound Guru Jeff Article: "Parliamentary Finance: The government's economic reform paper will be presented at the end of this September" ...If, I'm not saying they are...this is my opinion...if their plan is to change the rate in the month of September they cannot do it at the very end of September...they would have to do it more around September 20th and leave some wiggle room at the end of September...because they need to leave about 10 days around the end of September to work on the budget and...work on the reforms...
9-10-2020 Newshound Guru MilitiaMan They...tell us they have a session for (Thursday the 10th). Same day that PM Kadhimi is to be in the Kurds back yard for a meeting on important issues, oil and gas, customs and borders, etc.. Same day... that Al- Hakim is having think tanks gearing to talk about rebuilding the new social contract and rebuilding the state. Lets still keep in mind Kadimi, has a special session for the start of next week to approve the 2020 budget. Which is looking to be the next one on the table. imo. (Thursdays) session maybe be a very powerful one that could change the playing field. We shall see if it is a "September to Remember" but, it sure looks like a synchronization is in play now not in 2021, as they say "next" and that is now real close...imo. [post 2 of 2]
9-10-2020 Newshound Guru MilitiaMan Article: "The House of Representatives has finished reading two laws and addresses an oral question to the Finance and Planning Ministers" Quotes: "...to begin its implementation, in addition to the necessity to devise a real reform plan to address the delay in implementing projects..."; "...as well as knowing the value of the exchange rate specified in the next budget..." The picture they are painting (imo) is they are implementing the real reform plan. They are even going so far as to tell us that they will need the value of the exchange rate for the next budget. They have not resolved the next budget yet, that I am aware of? The next budget on the table is the 2020 budget leading into the 2021, imo. [post 1 of 2....stay tuned]
9-10-2020 Intel Guru MarkZ [via PDK] We have a lot of bankers…everybody sitting and ready. But no money movement yet...because of their position the bankers are all forced to be ready. They have no choice even though it seems like “The boy who cried wolf” but to be ready for when the release happens. Unfortunately its been an entire week of “Groundhog day”...We are all just waiting for the “go”... Waiting for the shoe to drop… The news out of Iraq is still very encouraging as they are on the brink of passing that final budget with an amount in it. There is a whole lot happening as we watch it all roll out.
9-10-2020 Newshound Guru Jeff ...I think a lot of the news is scripted and rigged. In other words they're much farther along than they're telling you the truth on. Notice how Kurdistan and Baghdad are now magically ready to reach a comprehensive agreement at the exact same time and almost the exact same week that they're ready to start the approval process of the budget. That's a little too coincidental...things are coming together too nicely at this point in time.
9-10-2020 Newshound Guru Adam Montana Time goes by, and we can be impatient with it...or we can know what is coming. Last week, I ended the Weekly update with a mention of how everything was going great, and there was no bad news. That continues this week... with the exception of OIL. The projected budget is based on $40 OIL, and WTI is currently sitting at $37.98 - but heading north again. Problem? I don't think so. This is the first dip we've seen in months, and it's not likely to last. In fact, the price trend should continue upwards. Not fast or drastic enough to hurt us terribly at the pump, but enough to inspire confidence and not scare anyone away from increasing the value of the dinar...
9-10-2020 Newshound Guru Pimpy Article: "The Minister of Finance stresses the necessity of reviewing the exchange of the dinar and reveals the size of the external debt" ...we don't know what the rate change is going to be we just know that the rate change is going to be part of the reform papers and it's going to be part of the 2021 budget...it looks like we're finally here. They're actually saying it. This is the first time we heard anything about exchange rates in quite some time....it looks like we have some kind of a window. It seems between now and the end of this year we will see something happen...
9-10-2020 Newshound/Intel Guru RVAlready I think Kazemi intends to bypass parliament on the RV, as they are mostly corrupt. He will send them a copy of the white paper to read, but that is all the power they will get. They will be voted out of office next year, and many arrested for corruption. IMO.
9-10-2020 Newshound Guru Pimpy ...nobody knows what the rate's gonna be. Nobody. I've had people approaching me about some of the most ridiculous things I've ever heard - $4.00, $5.00, $10.00 for the rate exchange...there are reason to speculate about a particular rate. I've used past articles. I've used past CBI meeting readings. I've used past discussions between the government about the rates that they have discussed to try to get an idea but nobody knows the rate. So you guys just slow down a little bit. I understand it's exciting. It is very exciting. We have not seen any kind of real discussion on anything to do with the dinar in quite some time but...they came out and said 'look one of the things that have to be taken into consideration is we have to do something about this rate so we could be competitive on an international scale' - for the record Pimpy said that months ago... [Post 2 of 2]
9-10-2020 Newshound Guru Pimpy ...I know yesterday's news was pretty exciting but...we need to just take a deep breath and slow down...Both budgets [2020 and 2021] are going to be submitted at the same time. Very very interesting...we saw the news article yesterday it was implied that a rate change must be considered in this paperwork...that doesn't mean anything other than it's being considered. Okay slow down a little bit. Like I said when we're investing don't get overly excited when it's good news and don't get overly down when it looks like negative news. There's reasons to be excited, plenty of reasons but I don't want people to get overly confident...that's important for us to say grounded. It's a low risk high reward situation but there's no guarantees on any investment... [Post 1 of 2....stay tuned]
9-10-2020 Newshound Guru Adam Montana Article: "The regional government delegation arrives in Baghdad to discuss the budget" ...a short summary: Budget, and HCL. There is a LOT of information in that...that is related to HCL. I mean...it's almost ALL HCL. Smothered in Budget sauce. And that is an amazing thing. ...wait in frustration, or patiently knowing what's coming... Iraq can do a lot to change how we remember this Year...GOOOOOO RRRRRRVVVVV!!!
9-10-2020 Newshound Guru Jeff Article: "Parliamentary Finance: The government's economic reform paper will be presented at the end of this September" ...If, I'm not saying they are...this is my opinion...if their plan is to change the rate in the month of September they cannot do it at the very end of September...they would have to do it more around September 20th and leave some wiggle room at the end of September...because they need to leave about 10 days around the end of September to work on the budget and...work on the reforms...
9-10-2020 Newshound Guru MilitiaMan They...tell us they have a session for (Thursday the 10th). Same day that PM Kadhimi is to be in the Kurds back yard for a meeting on important issues, oil and gas, customs and borders, etc.. Same day... that Al- Hakim is having think tanks gearing to talk about rebuilding the new social contract and rebuilding the state. Lets still keep in mind Kadimi, has a special session for the start of next week to approve the 2020 budget. Which is looking to be the next one on the table. imo. (Thursdays) session maybe be a very powerful one that could change the playing field. We shall see if it is a "September to Remember" but, it sure looks like a synchronization is in play now not in 2021, as they say "next" and that is now real close...imo. [post 2 of 2]
9-10-2020 Newshound Guru MilitiaMan Article: "The House of Representatives has finished reading two laws and addresses an oral question to the Finance and Planning Ministers" Quotes: "...to begin its implementation, in addition to the necessity to devise a real reform plan to address the delay in implementing projects..."; "...as well as knowing the value of the exchange rate specified in the next budget..." The picture they are painting (imo) is they are implementing the real reform plan. They are even going so far as to tell us that they will need the value of the exchange rate for the next budget. They have not resolved the next budget yet, that I am aware of? The next budget on the table is the 2020 budget leading into the 2021, imo. [post 1 of 2....stay tuned]
9-10-2020 Intel Guru MarkZ [via PDK] We have a lot of bankers…everybody sitting and ready. But no money movement yet...because of their position the bankers are all forced to be ready. They have no choice even though it seems like “The boy who cried wolf” but to be ready for when the release happens. Unfortunately its been an entire week of “Groundhog day”...We are all just waiting for the “go”... Waiting for the shoe to drop… The news out of Iraq is still very encouraging as they are on the brink of passing that final budget with an amount in it. There is a whole lot happening as we watch it all roll out.
9-10-2020 Newshound Guru Jeff ...I think a lot of the news is scripted and rigged. In other words they're much farther along than they're telling you the truth on. Notice how Kurdistan and Baghdad are now magically ready to reach a comprehensive agreement at the exact same time and almost the exact same week that they're ready to start the approval process of the budget. That's a little too coincidental...things are coming together too nicely at this point in time.
9-10-2020 Newshound Guru Adam Montana Time goes by, and we can be impatient with it...or we can know what is coming. Last week, I ended the Weekly update with a mention of how everything was going great, and there was no bad news. That continues this week... with the exception of OIL. The projected budget is based on $40 OIL, and WTI is currently sitting at $37.98 - but heading north again. Problem? I don't think so. This is the first dip we've seen in months, and it's not likely to last. In fact, the price trend should continue upwards. Not fast or drastic enough to hurt us terribly at the pump, but enough to inspire confidence and not scare anyone away from increasing the value of the dinar...
9-10-2020 Newshound Guru Pimpy Article: "The Minister of Finance stresses the necessity of reviewing the exchange of the dinar and reveals the size of the external debt" ...we don't know what the rate change is going to be we just know that the rate change is going to be part of the reform papers and it's going to be part of the 2021 budget...it looks like we're finally here. They're actually saying it. This is the first time we heard anything about exchange rates in quite some time....it looks like we have some kind of a window. It seems between now and the end of this year we will see something happen...
9-9-2020 Intel Guru Footforward Article: "Iraqi mp: 148 trillion dinars the size of the 2020 budget. And $40 a barrel of oil." basically talking about their budget and if they have to borrow more money they may go bankrupt. Meaning they need to add value to their currency.
9-9-2020 Intel Guru MarkZ [via PDK] Personally I am waiting on news out of Iraq directly. They were supposed to vote yesterday - now it looks like today they vote on actual budget figures. [What bearing does iraqs vote have on us and the RV? Will it hold things up?] No…I am looking at Iraq as a symptom. They will not vote to move forward until the RV/GCR is released. IMO They are just one of the earliest places to see something happening. I believe when the RV/GCR goes…they will be allowed to vote on their budget. No more holding them back.
9-9-2020 Intel Guru Bruce [via WiserNow] This is one of those times when it is not dead quiet but pretty quiet...when certain bankers are just told...to stay quiet...so it’s a little tougher to find and get the information that you and I are interested in – especially on timing...However - we did find some things out...high amounts of funds were being allocated to a number of accounts – that was on Saturday...The redemption center staff...have plans to go in tomorrow [Wednesday] with the full contingent of staff...we understand from one very high up wealth management advisory source that...we were looking very strong for tomorrow [Wednesday] ...it is not absolute...if it’s not just be prepared for the possibility of it still going this week...I know that we are on a day by day basis...I am going to suggest that we are very, very close...we know we have new rates on the screens - we know that we’ve got an opportunity to exchange at very high rates...
9-9-2020 Newshound Guru Pimpy I know a lot of you been told that the 2020 budget has the new rate change. It's the 2021 budget that looks like it's going to have the new rate change. See the 2020 budget must be hammered out now... Article: "Under the dome of parliament the Minister of Finance discloses the reason for the delay in the reform paper" ...reform papers are going to be submitted at the end of September and in the reform papers there's going to be the new rate change. So see the 2020 budget will not have a rate change. The 2021 budget will...man there is a lot of things happening between now and the end of this year...It looks like Iraq is finally going to pull the trigger on this rate change. How much it is we don't know...
9-9-2020 Newshound Guru Jeff I've been in this since 2009...name a year when they've ever delayed a budget by half a year. Iraq had no reason to delay this budget. The Council of Ministers had the budget approved in early December of last year ready to pass to parliament but they didn't. Now ask yourself Why? The reason why they had to delay the budget was very simple - because the budget had reforms in it. Those are post rate change items. They had to delay the budget because it's married to the rate change...they've never approved a budget in the middle of a year before. This is the first time. I've never had a budget go past the month of March...Iraq is showing their hand...it's just amazing...
9-9-2020 Newshound/Intel Guru RVAlready "Iraq's Finance Minister is on TV declaring the review of the value of the dinar is critical and should be done expeditiously." Finally, the PM publicly calls for the RV quickly!!! Remember, the RV stops the auctions and stops a lot of the funds theft. Otherwise, it would have been done long ago.
9-9-2020 Intel Guru MarkZ [via PDK] A lot of people standing by with great anticipation...Most of my sources still say this is our week for things to roll and for money to actually move into people’s pockets. We are still in a great spot…in a great window watching things happen. Try to stay calm and grounded as we go through this here at the end...
9-9-2020 Newshound/Intel Guru Mnt Goat Today’s news is all about going international in general terms for trade. They did not talk about the currency so much. However, Iraq needs to begin trading with the international community and not just close neighbors. To do this they will need to be part of the WTO (world trade organization). The WTO has used terms like “fast tracking” Iraq to the WTO. Their next major meeting with Iraq in in early November. Do they need a tradable currency on FOREX to join the WTO? The answer is YES. How else will countries convert their currency rates to Iraqi dinar rates? ...all the articles are telling us today that Iraq is moving quickly in the right direction...
9-9-2020 Newshound Guru Pimpy ...there are some key things happening that we need to fall into place. We're keeping an eye on this...there's a lot of stalling going on in the government when it comes to the budgets of financing which is very interesting...
9-9-2020 Newshound Guru Adam Montana Article quote: "The visit of the regional government delegation headed by Talabani to Baghdad has been postponed until Monday or Tuesday of this week." [If Erbil doesn't reach a deal with this Iraqi government they never will.] This is the best GOI we have ever witnessed - one of the reasons I believe that agreement, and the results, are coming. Soon. I don't use that word lightly!
9-9-2020 Intel Guru MarkZ [via PDK] Personally I am waiting on news out of Iraq directly. They were supposed to vote yesterday - now it looks like today they vote on actual budget figures. [What bearing does iraqs vote have on us and the RV? Will it hold things up?] No…I am looking at Iraq as a symptom. They will not vote to move forward until the RV/GCR is released. IMO They are just one of the earliest places to see something happening. I believe when the RV/GCR goes…they will be allowed to vote on their budget. No more holding them back.
9-9-2020 Intel Guru Bruce [via WiserNow] This is one of those times when it is not dead quiet but pretty quiet...when certain bankers are just told...to stay quiet...so it’s a little tougher to find and get the information that you and I are interested in – especially on timing...However - we did find some things out...high amounts of funds were being allocated to a number of accounts – that was on Saturday...The redemption center staff...have plans to go in tomorrow [Wednesday] with the full contingent of staff...we understand from one very high up wealth management advisory source that...we were looking very strong for tomorrow [Wednesday] ...it is not absolute...if it’s not just be prepared for the possibility of it still going this week...I know that we are on a day by day basis...I am going to suggest that we are very, very close...we know we have new rates on the screens - we know that we’ve got an opportunity to exchange at very high rates...
9-9-2020 Newshound Guru Pimpy I know a lot of you been told that the 2020 budget has the new rate change. It's the 2021 budget that looks like it's going to have the new rate change. See the 2020 budget must be hammered out now... Article: "Under the dome of parliament the Minister of Finance discloses the reason for the delay in the reform paper" ...reform papers are going to be submitted at the end of September and in the reform papers there's going to be the new rate change. So see the 2020 budget will not have a rate change. The 2021 budget will...man there is a lot of things happening between now and the end of this year...It looks like Iraq is finally going to pull the trigger on this rate change. How much it is we don't know...
9-9-2020 Newshound Guru Jeff I've been in this since 2009...name a year when they've ever delayed a budget by half a year. Iraq had no reason to delay this budget. The Council of Ministers had the budget approved in early December of last year ready to pass to parliament but they didn't. Now ask yourself Why? The reason why they had to delay the budget was very simple - because the budget had reforms in it. Those are post rate change items. They had to delay the budget because it's married to the rate change...they've never approved a budget in the middle of a year before. This is the first time. I've never had a budget go past the month of March...Iraq is showing their hand...it's just amazing...
9-9-2020 Newshound/Intel Guru RVAlready "Iraq's Finance Minister is on TV declaring the review of the value of the dinar is critical and should be done expeditiously." Finally, the PM publicly calls for the RV quickly!!! Remember, the RV stops the auctions and stops a lot of the funds theft. Otherwise, it would have been done long ago.
9-9-2020 Intel Guru MarkZ [via PDK] A lot of people standing by with great anticipation...Most of my sources still say this is our week for things to roll and for money to actually move into people’s pockets. We are still in a great spot…in a great window watching things happen. Try to stay calm and grounded as we go through this here at the end...
9-9-2020 Newshound/Intel Guru Mnt Goat Today’s news is all about going international in general terms for trade. They did not talk about the currency so much. However, Iraq needs to begin trading with the international community and not just close neighbors. To do this they will need to be part of the WTO (world trade organization). The WTO has used terms like “fast tracking” Iraq to the WTO. Their next major meeting with Iraq in in early November. Do they need a tradable currency on FOREX to join the WTO? The answer is YES. How else will countries convert their currency rates to Iraqi dinar rates? ...all the articles are telling us today that Iraq is moving quickly in the right direction...
9-9-2020 Newshound Guru Pimpy ...there are some key things happening that we need to fall into place. We're keeping an eye on this...there's a lot of stalling going on in the government when it comes to the budgets of financing which is very interesting...
9-9-2020 Newshound Guru Adam Montana Article quote: "The visit of the regional government delegation headed by Talabani to Baghdad has been postponed until Monday or Tuesday of this week." [If Erbil doesn't reach a deal with this Iraqi government they never will.] This is the best GOI we have ever witnessed - one of the reasons I believe that agreement, and the results, are coming. Soon. I don't use that word lightly!
9-8-2020 Intel Guru MarkZ [via PDK] I am desperately trying to get in touch with contacts in Iraq today to find out if they are going to pass the budget or have already passed the budget…If they do I just may be able to post that golden egg!!!
9-8-2020 Newshound Guru Jeff Article: "The Minister of Finance stresses the necessity of reviewing the exchange rate of the dinar and reveals the size of the external debt" ...this one has rate change written all over it...they're ready to change the rate that's why they're ready to show you a budget. It all boils down to reforms...they are looking to start the budget next week and submit the reforms to parliament for approval around the end of the month. It has everything to do with the rate change...when you see a budget you'll see the rate change. They go together.
9-8-2020 Newshound Guru Pimpy ...I know you guys are asking me, 'Hey isn't it true that the rate change is in the 2020 budget?' ...Who told you that? Seriously there's no indication of that whatsoever. It'd be nice if that were true - all of a sudden they passed the budget, BOOM there's a rate change. Who of us don't want that to happen? I'm just saying there's nothing out there written anywhere that this is true...What are we looking for? Tangible proof. Something that tells us that that is true.
9-8-2020 Intel Guru Delta Article: "The House of Representatives has finished reading two laws and addresses an oral question to the Finance and Planning Ministers" Quote: "...the importance of reviewing the exchange rate so that the Iraqi economy enters the circle of competition with the interest of the International Monetary Fund in the issue of the exchange rate..." NOW WE ARE TALKING...FINALLY...AWESOME NEWS...
9-8-2020 Intel Guru RayRen98 PM Al-Kadhimi announced a special session of Parliament next week (this week) to pass the 2020 budget. The Kurds returned to Baghdad to meet with the Finance Minister to finalize deals. This move is essential and anticipated for this week.
9-8-2020 Intel Guru MarkZ [via PDK] [I had a great friend who sent me news that Iraq passed their budget on Saturday…in iraqs paper.] if that is true we may be in the 10 days of silence while it is rolling out. The last update I had was that they were expected to vote on Tuesday or Wed. of this week.
9-8-2020 Intel Guru Footforward [Some are saying the budget is important for the RV and others are saying it has no significance.] the budget has no affect on the timing of the rv at all. For years now they have had two budgets ready to go. One with a new rate and one without. This year they have done the same thing. When the RV happens they will simply go to their shadow budget.
9-8-2020 Intel Guru MarkZ [via PDK] Very disappointing news so far this morning… In Asia and Europe they are still sitting on their hands…waiting for a release that has not happened yet. I am told that all eyes are on Reno right now for updates right now. It may be late afternoon before I get those updates. The one contact I did speak with there said that all is still on track and all still looks great. He said to watch this week...it’s going to be a very important week. I assume they are talking about the budget in Iraq…and waiting to see when they pass it...then they can say…yaaay its great we can now revalue. I believe it will be an interesting day or two as we watch the news unfold. They are convinced that it is indeed happening…and it has already started.
9-8-2020 Newshound Guru Kaperoni ...guru Mtn Goat says Iraq is trying to fast-track into the WTO. That might be but they've got nothing to export. Until that changes I doubt we'll see a accession into the WTO. There was an article about a year ago direct from the WTO talking about Iraq and they pretty much said until Iraq has a private sector it makes little or no sense to join. They need to reduce the dependency on oil first...
9-8-2020 Newshound Guru Jeff Article: "The Minister of Finance stresses the necessity of reviewing the exchange rate of the dinar and reveals the size of the external debt" ...this one has rate change written all over it...they're ready to change the rate that's why they're ready to show you a budget. It all boils down to reforms...they are looking to start the budget next week and submit the reforms to parliament for approval around the end of the month. It has everything to do with the rate change...when you see a budget you'll see the rate change. They go together.
9-8-2020 Newshound Guru Pimpy ...I know you guys are asking me, 'Hey isn't it true that the rate change is in the 2020 budget?' ...Who told you that? Seriously there's no indication of that whatsoever. It'd be nice if that were true - all of a sudden they passed the budget, BOOM there's a rate change. Who of us don't want that to happen? I'm just saying there's nothing out there written anywhere that this is true...What are we looking for? Tangible proof. Something that tells us that that is true.
9-8-2020 Intel Guru Delta Article: "The House of Representatives has finished reading two laws and addresses an oral question to the Finance and Planning Ministers" Quote: "...the importance of reviewing the exchange rate so that the Iraqi economy enters the circle of competition with the interest of the International Monetary Fund in the issue of the exchange rate..." NOW WE ARE TALKING...FINALLY...AWESOME NEWS...
9-8-2020 Intel Guru RayRen98 PM Al-Kadhimi announced a special session of Parliament next week (this week) to pass the 2020 budget. The Kurds returned to Baghdad to meet with the Finance Minister to finalize deals. This move is essential and anticipated for this week.
9-8-2020 Intel Guru MarkZ [via PDK] [I had a great friend who sent me news that Iraq passed their budget on Saturday…in iraqs paper.] if that is true we may be in the 10 days of silence while it is rolling out. The last update I had was that they were expected to vote on Tuesday or Wed. of this week.
9-8-2020 Intel Guru Footforward [Some are saying the budget is important for the RV and others are saying it has no significance.] the budget has no affect on the timing of the rv at all. For years now they have had two budgets ready to go. One with a new rate and one without. This year they have done the same thing. When the RV happens they will simply go to their shadow budget.
9-8-2020 Intel Guru MarkZ [via PDK] Very disappointing news so far this morning… In Asia and Europe they are still sitting on their hands…waiting for a release that has not happened yet. I am told that all eyes are on Reno right now for updates right now. It may be late afternoon before I get those updates. The one contact I did speak with there said that all is still on track and all still looks great. He said to watch this week...it’s going to be a very important week. I assume they are talking about the budget in Iraq…and waiting to see when they pass it...then they can say…yaaay its great we can now revalue. I believe it will be an interesting day or two as we watch the news unfold. They are convinced that it is indeed happening…and it has already started.
9-8-2020 Newshound Guru Kaperoni ...guru Mtn Goat says Iraq is trying to fast-track into the WTO. That might be but they've got nothing to export. Until that changes I doubt we'll see a accession into the WTO. There was an article about a year ago direct from the WTO talking about Iraq and they pretty much said until Iraq has a private sector it makes little or no sense to join. They need to reduce the dependency on oil first...
9-7-2020 Newshound Guru Adam Montana ...Our man Kazzammie continues to impress. Budgets and GOI and many more things lining up. The future is near! GOOO RRRVVV!!!
9-7-2020 Intel Guru Footforward [Does anyone have any Intel on the dong? Like did they print new lower denom notes?] there has been very little coming out of Vietnam sources. Almost like they are up to something they want few to know about.
9-7-2020 Intel Guru MarkZ [via PDK] All eyes are on this evening and overnight tonight...big expectations all around the banking world for tonight…All are looking for something to happen this evening...I have been unable to reach my in country Iraqi contacts. [Does this mean we will go tomorrow?] I wish I could tell you conclusively…most of my banking contacts believe that yes tomorrow will be the day we get announcements... We are daggone close.
9-7-2020 Intel Guru Footforward [VND was $1 USD in 1983] 50 cents would be extremely high. 1.00 is very unlikely. Even 25 cents for the dong would be extremely high. 1.00 would be nothing short of one of the greatest miracles in history. At 1.00 the dong would far out perform the dinar. And I believe the dinar will absolutely be the big winner in my opinion
9-7-2020 Newshound Guru Pimpy ...there's a lot of things happening in Iraq but you can almost sum it all up fairly shortly...a lot of it is redundant. It's what we've been watching for...It's still good news, I just don't want people to get immune to the good news...we're seeming more now than every. A lot more positive movement towards achieving our goals both long term and short term with Iraq....I thought 2019 was really kicking butt, no 2020 is way ahead of that ball game...
9-7-2020 Newshound Guru Kaperoni ...If the dinar is ever going to go up in value it's going to go up gradually over time. This is not me just suggesting that that is what the IMF says specifically told the CBI years ago during the Article IV Consultation.
9-7-2020 Intel Guru Footforward [Does anyone have any Intel on the dong? Like did they print new lower denom notes?] there has been very little coming out of Vietnam sources. Almost like they are up to something they want few to know about.
9-7-2020 Intel Guru MarkZ [via PDK] All eyes are on this evening and overnight tonight...big expectations all around the banking world for tonight…All are looking for something to happen this evening...I have been unable to reach my in country Iraqi contacts. [Does this mean we will go tomorrow?] I wish I could tell you conclusively…most of my banking contacts believe that yes tomorrow will be the day we get announcements... We are daggone close.
9-7-2020 Intel Guru Footforward [VND was $1 USD in 1983] 50 cents would be extremely high. 1.00 is very unlikely. Even 25 cents for the dong would be extremely high. 1.00 would be nothing short of one of the greatest miracles in history. At 1.00 the dong would far out perform the dinar. And I believe the dinar will absolutely be the big winner in my opinion
9-7-2020 Newshound Guru Pimpy ...there's a lot of things happening in Iraq but you can almost sum it all up fairly shortly...a lot of it is redundant. It's what we've been watching for...It's still good news, I just don't want people to get immune to the good news...we're seeming more now than every. A lot more positive movement towards achieving our goals both long term and short term with Iraq....I thought 2019 was really kicking butt, no 2020 is way ahead of that ball game...
9-7-2020 Newshound Guru Kaperoni ...If the dinar is ever going to go up in value it's going to go up gradually over time. This is not me just suggesting that that is what the IMF says specifically told the CBI years ago during the Article IV Consultation.
9-6-2020 Newshound/Intel Guru Mnt Goat Article: "Iraq is moving to join global trade" Quote: "...the importance of the country's assession to the World Trade Organization, which will help complete many reforms..." [...will this be a full accession or just a step up to working towards a full accession eventually?] Iraq wants full accession to WTO and WTO wants to FAST-TRACK them.
9-6-2020 Intel Guru Bruce [via WiserNow] ...one of the big benefits of the QFS is that it uses the unique signature that is created for each transaction – so that every transaction stands on its own and has its own security built in because of that...The good news is that did get installed...
9-6-2020 Newshound Guru Pimpy ...Al-Kazemi is definitely draining the Iraqi swamp. Article: "Al-Kazemi prepares for the start of the major battle with the corrupt" Remember one of the biggest things that had to be handled according to the U.N. and the United States in Iraq was something needs to be about the corruption. Here it is. It's starting...anybody and everybody is being investigated. If you're found to have been involved in some type of corruption, you're gone...Al-Kazemi crack-a-lack'n. Looks like they're really full steam ahead and on track. I'm really happy to see this...
9-6-2020 Intel Guru RayRen98 Weekend Update: Iraqi TV is broadcasting that the delegation from Kurdistan has changed their visit from Sunday to the middle of the week. The new governor of the CBI is expected to be announced soon. Some wealth managers are reportedly working throughout the day - accounts are anticipated being funded at any moment this weekend. The 2020 budget was referred to the Council of Ministers and then referred to the House of Representatives for approval. Without any changes, it was confirmed that this budget includes the bonuses and promotions for all employees and that it was the same budget that was prepared earlier.
9-6-2020 Intel Guru Footforward [...when the RV does happen for both dong and dinar, is there a timeframe to which we have to exchange the notes?] that hasn't been publicly released yet. I do expect there will be a certain window. But it will be sufficient for us to cash out.
9-6-2020 Newshound Guru Pimpy ...I can't help but feel there's a lot of things going on around the world. There seems to be some push - a lot of things trying to get accomplished and finished before October...gold and silver as well as foreign currencies, there seems to be this weird push everywhere to get things accomplished sometime in September so whatever's coming up in October, people are ready...
9-6-2020 Intel Guru Bruce [via WiserNow] ...one of the big benefits of the QFS is that it uses the unique signature that is created for each transaction – so that every transaction stands on its own and has its own security built in because of that...The good news is that did get installed...
9-6-2020 Newshound Guru Pimpy ...Al-Kazemi is definitely draining the Iraqi swamp. Article: "Al-Kazemi prepares for the start of the major battle with the corrupt" Remember one of the biggest things that had to be handled according to the U.N. and the United States in Iraq was something needs to be about the corruption. Here it is. It's starting...anybody and everybody is being investigated. If you're found to have been involved in some type of corruption, you're gone...Al-Kazemi crack-a-lack'n. Looks like they're really full steam ahead and on track. I'm really happy to see this...
9-6-2020 Intel Guru RayRen98 Weekend Update: Iraqi TV is broadcasting that the delegation from Kurdistan has changed their visit from Sunday to the middle of the week. The new governor of the CBI is expected to be announced soon. Some wealth managers are reportedly working throughout the day - accounts are anticipated being funded at any moment this weekend. The 2020 budget was referred to the Council of Ministers and then referred to the House of Representatives for approval. Without any changes, it was confirmed that this budget includes the bonuses and promotions for all employees and that it was the same budget that was prepared earlier.
9-6-2020 Intel Guru Footforward [...when the RV does happen for both dong and dinar, is there a timeframe to which we have to exchange the notes?] that hasn't been publicly released yet. I do expect there will be a certain window. But it will be sufficient for us to cash out.
9-6-2020 Newshound Guru Pimpy ...I can't help but feel there's a lot of things going on around the world. There seems to be some push - a lot of things trying to get accomplished and finished before October...gold and silver as well as foreign currencies, there seems to be this weird push everywhere to get things accomplished sometime in September so whatever's coming up in October, people are ready...
9-5-2020 Newshound/Intel Guru Mnt Goat Article: "AL-KAZEMI: THERE ARE PARTIES WHO LIVE ON CHAOS, AND WE ARE WORKING HARD TO RESTORE THE PRESTIGE OF THE STATE" ...the governor of the CBI has told us many times in the past that this “prestige” does include bringing the value of the dinar to values of the past. The only way they can do this is by getting investors to buy the dinar and the only way they can do this with an RV’d rate is to get back on the currency exchanges (FOREX). We know that one of the demands of the protestors is to stop the currency auctions.
9-5-2020 Intel Guru MarkZ [via PDK] [Frank26 referenced that the Iraq would revalue on the 19th of September.] …we do not know for sure how it will roll out…we assume it will be a shotgun start so no one can take advantage …but it could roll out differently then we thought…they could freeze international rates and values…they could roll it out over a week or two weeks…we just do not know.
9-5-2020 Newshound Guru Pimpy More great strides for Al-Kazemi. More. I can't stress this enough. We're actually seeing so much good news and it's in waves and sometimes little increments but nonetheless I don't want people to get immune to good news. Every step taken is just a positive move towards Iraq being recognized again on the international stage the way they should be. It's gonna bring a lot of prosperity to Iraq. I'm excited...2020 is definitely a huge year for Iraq...
9-5-2020 Guest Guru Robert ...Curious coincidence, or glaring lack of trust? Trump signs order for U.S. troop withdrawal over three years, iraqi prime minister wants 3 year budget...
9-5-2020 Intel Guru Bruce [via WiserNow] According to what I am hearing - coming from the Canadian bank sources – with Royal Bank of Canada and Scotia - they do not celebrate Labor day... and my understanding is we may go parallel with Canada...I believe this thing is on its way – we should be in good shape on this – I cannot absolutely call it but you know it was close...I believe...by Tuesday we are good to go...Also Tuesday morning we will have all new rates for us - we’ve already got new rates on the screens - they came in Sunday night and into Monday morning...but on Monday night into Tuesday we will have all new rates for us...
9-5-2020 Newshound Guru Pimpy ...you don't have to wait for the Quantum Financial System to be launched. The Quantum Banking System already exists...there is no "Quantum Financial System". There is a Quantum BANKING System. It already exists...
9-5-2020 Intel Guru MarkZ [via PDK] [Any news about Canada?] They have great expectations for this weekend as well.
9-5-2020 Intel Guru RayRen98 US Bank info: US banks are "cranking it back up" with anticipation of exchanging...very soon! Some were called back to their exchange center locations early this Friday morning. Some are working from 6:00 AM to 11:00 PM, 4-Day shifts. Eastern time. Some are being housed in hotels for easy, quick access to their stations. Some were instructed to have a FULL STAFF in place at 6:00 AM on Saturday and to cancel their Saturday Labor Day plans. Many are planning on working throughout the holiday weekend!!
9-5-2020 Intel Guru MarkZ [via PDK] [Mark will DONG and DINAR go at the same time] yes, we expect them to go at same time.
9-5-2020 Intel Guru MarkZ [via PDK] [Frank26 referenced that the Iraq would revalue on the 19th of September.] …we do not know for sure how it will roll out…we assume it will be a shotgun start so no one can take advantage …but it could roll out differently then we thought…they could freeze international rates and values…they could roll it out over a week or two weeks…we just do not know.
9-5-2020 Newshound Guru Pimpy More great strides for Al-Kazemi. More. I can't stress this enough. We're actually seeing so much good news and it's in waves and sometimes little increments but nonetheless I don't want people to get immune to good news. Every step taken is just a positive move towards Iraq being recognized again on the international stage the way they should be. It's gonna bring a lot of prosperity to Iraq. I'm excited...2020 is definitely a huge year for Iraq...
9-5-2020 Guest Guru Robert ...Curious coincidence, or glaring lack of trust? Trump signs order for U.S. troop withdrawal over three years, iraqi prime minister wants 3 year budget...
9-5-2020 Intel Guru Bruce [via WiserNow] According to what I am hearing - coming from the Canadian bank sources – with Royal Bank of Canada and Scotia - they do not celebrate Labor day... and my understanding is we may go parallel with Canada...I believe this thing is on its way – we should be in good shape on this – I cannot absolutely call it but you know it was close...I believe...by Tuesday we are good to go...Also Tuesday morning we will have all new rates for us - we’ve already got new rates on the screens - they came in Sunday night and into Monday morning...but on Monday night into Tuesday we will have all new rates for us...
9-5-2020 Newshound Guru Pimpy ...you don't have to wait for the Quantum Financial System to be launched. The Quantum Banking System already exists...there is no "Quantum Financial System". There is a Quantum BANKING System. It already exists...
9-5-2020 Intel Guru MarkZ [via PDK] [Any news about Canada?] They have great expectations for this weekend as well.
9-5-2020 Intel Guru RayRen98 US Bank info: US banks are "cranking it back up" with anticipation of exchanging...very soon! Some were called back to their exchange center locations early this Friday morning. Some are working from 6:00 AM to 11:00 PM, 4-Day shifts. Eastern time. Some are being housed in hotels for easy, quick access to their stations. Some were instructed to have a FULL STAFF in place at 6:00 AM on Saturday and to cancel their Saturday Labor Day plans. Many are planning on working throughout the holiday weekend!!
9-5-2020 Intel Guru MarkZ [via PDK] [Mark will DONG and DINAR go at the same time] yes, we expect them to go at same time.
9-4-2020 Intel Guru Footforward Don't be surprised if they come out with a new budget for 3 years with an old rate and then RV after that... [I can see an RV before the budget is announced but not after...] they can easily redo a budget. They can easily have two budgets. Kuwait flat out lied and said they would never RV and then did RV the very next day. There may be some misdirection here at some point. ...what I'm getting at is don't get down if they do a new budget with the old rate. They can RV any time...Not just the start of a fiscal year. If I suddenly win the lottery, I'll gladly revisit my budget any time. Same thing here. The fiscal year isn't a consideration for timing in this at all...
9-4-2020 Newshound Guru Jeff ...the articles are actually suggesting that Iraq is ready to join the international world. Article "Sovereignty - Macron calls for leading a transitional phase of building important Iraqi sovereignty for the region". Quote "...Emmanuel Macron called for leading a transitional phase in building important Iraqi sovereignty..."
9-4-2020 Intel Guru MarkZ [via PDK] Well, In Hong Kong and Europe so far people are still sitting on the edge of their seats with no movement yet…There was a tremendous amount of expectation last night going into this weekend to see some kind of movement…I was unable to touch base with middle Eastern contacts yet…no response. With such big expectations for this weekend…hopefully we won’t be let down again. It’s always been a “when” not an “if” so buckle up…we are watching it roll out.
9-4-2020 Newshound/Intel Guru Mnt Goat Article: "AL-KAZEMI NOMINATES HIS ADVISOR FOR THE POST OF GOVERNOR OF THE CENTRAL BANK AND A DEPUTY, REVEALS: A SUSPICIOUS FIGURE" ...they fully intended to replace the governor of the Central Bank of Iraq...The question is this. Does this replacement have to be done prior to the RV? I believe it does or close to it. There is just too much corruption allowed under the present governor to allow it to continue...
9-4-2020 Intel Guru Frank26 Kazemi is now at the next stage of the security and stability for the Iraqi dinar monetary reform...What happened is these politicians, especially Maliki...stole, they didn't keep in one area. They sent it to their families...all these central banks are about to sign an agreement that's going to change how money is treated on this planet Earth...Kazemi is also seizing assets...they bought a lot of things to hide the money. Money laundering. Houses. Boats. Cars. Stocks. You name it. And he's getting it...this is a massive campaign by Kazemi to clear the way for the reforms. Trust me Kazemi is in a hurry. He is doing everything as fast as he can...
9-4-2020 Newshound Guru Pimpy ...apparently they're re-opening up the files and now they're gonna rapidly push them through... Quote "discuss the importance of setting a new date for the high level conference in Iraq succession to the WTO..." ...It was supposed to be held last November on the 26th and 27th of 2019. I told you during the process of doing that for some reason it stopped. Well we know what happened. Once the prime minister resigned we had to wait for a whole other election...Now they're ready to get back on there...I'm excited about this. This is big. We really want to see Iraq on the international scene. This is great for the currency...you should be excited about that. [Post 3 of 3]
9-4-2020 Newshound Guru Pimpy Quote: "the representatives of the Kingdom or Marocco to the Untied Nation in New York...talking about ways to activate the file of Iraq's decision into the organization...completing the technical documents to complete their requirements for the accession..." In other words get the obstacles out of the way, put them in. If Iraq gets into the World Trade Organization that is going to be a huge boom for their economy and again if the economy is strong their currency becomes strong. This is exciting to me. When I saw this I was jumping up and down... [Post 2 of 3....stay tuned]
9-4-2020 Newshound Guru Pimpy Article: "Iraq is moving to join global trade and an Arab country: We will facilitate its mission" This is great news...I told everybody that Iraq and Vietnam were kind of being pushed through by the orders of Trump, their application into the World Trade Organization seemed to be getting expedited...this is great news. I means this is huge news...in order for Iraq to be in the World Trade Organization they must have their sovereignty and they must have a world currency that's internationally recognized on the Forex. That means all restriction must be removed off the currency. That's great for us holding onto the Iraqi dinar. You're probably gonna have to expect...a rate change in order for them to do business on a much larger scale... [Post 1 of 3....stay tuned]
9-4-2020 Intel Guru Frank26 ...the GCC wants Iraq IQD in the currency basket of the Middle East in the near future, then they want them to go 1 to 1 with the American dollar like all the other GCC currencies that are in this Arabic basket. Iraq is the only Arabic country that is not in the GCC. Trump wants them to join so it becomes 1 to 1 but also when they join Iraq will lessen their necessity on Iran's needs. They will work more with GCC countries...if Iraq joins the GCC and if they utilize their own currency with a peg to the U.S. dollar, well then there's your reinstatement...
9-4-2020 Newshound Guru Jeff ...the articles are actually suggesting that Iraq is ready to join the international world. Article "Sovereignty - Macron calls for leading a transitional phase of building important Iraqi sovereignty for the region". Quote "...Emmanuel Macron called for leading a transitional phase in building important Iraqi sovereignty..."
9-4-2020 Intel Guru MarkZ [via PDK] Well, In Hong Kong and Europe so far people are still sitting on the edge of their seats with no movement yet…There was a tremendous amount of expectation last night going into this weekend to see some kind of movement…I was unable to touch base with middle Eastern contacts yet…no response. With such big expectations for this weekend…hopefully we won’t be let down again. It’s always been a “when” not an “if” so buckle up…we are watching it roll out.
9-4-2020 Newshound/Intel Guru Mnt Goat Article: "AL-KAZEMI NOMINATES HIS ADVISOR FOR THE POST OF GOVERNOR OF THE CENTRAL BANK AND A DEPUTY, REVEALS: A SUSPICIOUS FIGURE" ...they fully intended to replace the governor of the Central Bank of Iraq...The question is this. Does this replacement have to be done prior to the RV? I believe it does or close to it. There is just too much corruption allowed under the present governor to allow it to continue...
9-4-2020 Intel Guru Frank26 Kazemi is now at the next stage of the security and stability for the Iraqi dinar monetary reform...What happened is these politicians, especially Maliki...stole, they didn't keep in one area. They sent it to their families...all these central banks are about to sign an agreement that's going to change how money is treated on this planet Earth...Kazemi is also seizing assets...they bought a lot of things to hide the money. Money laundering. Houses. Boats. Cars. Stocks. You name it. And he's getting it...this is a massive campaign by Kazemi to clear the way for the reforms. Trust me Kazemi is in a hurry. He is doing everything as fast as he can...
9-4-2020 Newshound Guru Pimpy ...apparently they're re-opening up the files and now they're gonna rapidly push them through... Quote "discuss the importance of setting a new date for the high level conference in Iraq succession to the WTO..." ...It was supposed to be held last November on the 26th and 27th of 2019. I told you during the process of doing that for some reason it stopped. Well we know what happened. Once the prime minister resigned we had to wait for a whole other election...Now they're ready to get back on there...I'm excited about this. This is big. We really want to see Iraq on the international scene. This is great for the currency...you should be excited about that. [Post 3 of 3]
9-4-2020 Newshound Guru Pimpy Quote: "the representatives of the Kingdom or Marocco to the Untied Nation in New York...talking about ways to activate the file of Iraq's decision into the organization...completing the technical documents to complete their requirements for the accession..." In other words get the obstacles out of the way, put them in. If Iraq gets into the World Trade Organization that is going to be a huge boom for their economy and again if the economy is strong their currency becomes strong. This is exciting to me. When I saw this I was jumping up and down... [Post 2 of 3....stay tuned]
9-4-2020 Newshound Guru Pimpy Article: "Iraq is moving to join global trade and an Arab country: We will facilitate its mission" This is great news...I told everybody that Iraq and Vietnam were kind of being pushed through by the orders of Trump, their application into the World Trade Organization seemed to be getting expedited...this is great news. I means this is huge news...in order for Iraq to be in the World Trade Organization they must have their sovereignty and they must have a world currency that's internationally recognized on the Forex. That means all restriction must be removed off the currency. That's great for us holding onto the Iraqi dinar. You're probably gonna have to expect...a rate change in order for them to do business on a much larger scale... [Post 1 of 3....stay tuned]
9-4-2020 Intel Guru Frank26 ...the GCC wants Iraq IQD in the currency basket of the Middle East in the near future, then they want them to go 1 to 1 with the American dollar like all the other GCC currencies that are in this Arabic basket. Iraq is the only Arabic country that is not in the GCC. Trump wants them to join so it becomes 1 to 1 but also when they join Iraq will lessen their necessity on Iran's needs. They will work more with GCC countries...if Iraq joins the GCC and if they utilize their own currency with a peg to the U.S. dollar, well then there's your reinstatement...
9-3-2020 Newshound/Intel Guru RVAlready The QFS will prevent the theft of huge amounts of money, which was stolen in the past under swift. It also provides a fair and level playing field for all countries to operate.
9-3-2020 Intel Guru MarkZ [via PDK] I am hearing a lot of chatter…but cannot prove if Swift is dead yet or not…I have been chasing bankers trying to prove or disprove info about the swift system…almost all of them –conclusively say that yes- they are upgrading their system for “near instant” transfers. They see the changes coming. Part of them have updated now- part of them haven’t but I do not believe swift is totally dead yet. No banker will tell me that “yes it’s dead” only that it is ending in Sept, and everyone will be on new system for interbank transfers and country to country transfers now... ...they are in the middle of a transition…and that a number of their transactions now are “near instant”…
9-3-2020 Newshound Guru Pimpy Article: "Iraq: Al Kazemi prevents militia flags and religious banners from being raised over government buildings" Basically the whole article is saying the only flag you're allowed to wave in our country is our country's flag. Period. Iraq flag. Because they want to be a united country...Al-Kazemi is lowering the boom down...forget all these separations of people...Kazemi is saying enough. We are one country. We are one people. We are one nation. Period. I love this move. I know it sounds minor but to me it's big. It sends a clear message that they are united and that's what the world is looking for...
9-3-2020 Newshound Guru Jeff ...In the media they've told you what the delays were. They told you there were two of them. The beginning of the year was the formation of the government. And then after that was the Kurdistan and Baghdad reaching an agreement...now that the articles are suggesting that they're now at the end of completing that comprehensive agreement, articles have now transitioned to talk about Iraq rejoining the international world...
9-3-2020 Newshound/Intel Guru Mnt Goat Article: "IRAQ BRINGS IN $72.1M IN CUSTOMS REVENUE FOR AUGUST: FEDERAL CUSTOMS AUTHORITY" Al-Kazemi is getting these financial reforms in place and fianally they are working...
9-3-2020 Intel Guru MarkZ [via PDK] Not really expecting any news until overnight tonight…just big anticipation that tonight starts the rollout somewhere between 11pm and 2 AM. …Hopefully we will have solid news by tomorrow morning. [I have heard tomorrow will be a “magical” Friday.] I am so ready for one of those…I think we all are. ...We are watching it roll out…My people said it would roll out in September and get very quiet except for disinformation…all my real connected people have been really quiet. They just said the plan is set - its moving forward. Just hang on...There really is a lot of misinformation right now…
9-3-2020 Newshound Guru MilitiaMan Report: "New Currency, Fiscal and Monetary Policies Guidelines for the Transitional Government of Iraq" ...The report shows what was from the past and what is needed into the future. By all the study we have under our belts, I can see this report as massive support they are in fact going to a market economy and will raise the rate of the IQD to support that effort! ...imo...
9-3-2020 Intel Guru Frank26 ...I believe in my heart that...there is a transparency change coming. We are seeing a change to the global financial system. I don't believe in the GCR. I believe in the GFS. The global financial system is completely being changed...I'd like to suggest that this Quantitative Financial System that's being brought is an evolution to the banking system. Where banks will never function the same way. It is a completely different model. A completely different system. A completely different language-coded...the Iraqi dinar has been beat up and abused...but Donald Trump put this together...What do you think Kazemi had a nice conversation about this past week?
9-3-2020 Newshound Guru Jeff ...around all these articles talking about the comprehensive agreement [between Kurdistan & Baghdad] we have new transitional articles. These new articles now are talking about Iraq going international and joining the international world. That's what the next round of articles are talking about...Iraq becoming and going international, joining the international world. In addition to that on August 20th you had a whole bunch of U.S. companies sign $8 billion worth of contracts...Iraq is ready to jump out and join the international world. That's not my opinion that's right here in print. It's factual...
9-3-2020 Intel Guru Bruce [via WiserNow] ...even though this journey is going longer than we all thought - I am still excited... it is to a point where the QFS would be fully operational – which I understand it is...we believe the Swift is gone for the very most part we have to confirm this but I believe it is...we’ve got a system that is functioning without the ability of it being hacked that is a very positive thing for us moving forward - and I know that’s going to be very valuable. ...We understand that the roll out is to occur for all of us in this week the 1st – 8th which is Tuesday thru Tuesday...You know we have UN operational rates changing on the 15th - that should be changing from where the public could actually see those on the UN operational website page...
9-3-2020 Intel Guru MarkZ [via PDK] I am hearing a lot of chatter…but cannot prove if Swift is dead yet or not…I have been chasing bankers trying to prove or disprove info about the swift system…almost all of them –conclusively say that yes- they are upgrading their system for “near instant” transfers. They see the changes coming. Part of them have updated now- part of them haven’t but I do not believe swift is totally dead yet. No banker will tell me that “yes it’s dead” only that it is ending in Sept, and everyone will be on new system for interbank transfers and country to country transfers now... ...they are in the middle of a transition…and that a number of their transactions now are “near instant”…
9-3-2020 Newshound Guru Pimpy Article: "Iraq: Al Kazemi prevents militia flags and religious banners from being raised over government buildings" Basically the whole article is saying the only flag you're allowed to wave in our country is our country's flag. Period. Iraq flag. Because they want to be a united country...Al-Kazemi is lowering the boom down...forget all these separations of people...Kazemi is saying enough. We are one country. We are one people. We are one nation. Period. I love this move. I know it sounds minor but to me it's big. It sends a clear message that they are united and that's what the world is looking for...
9-3-2020 Newshound Guru Jeff ...In the media they've told you what the delays were. They told you there were two of them. The beginning of the year was the formation of the government. And then after that was the Kurdistan and Baghdad reaching an agreement...now that the articles are suggesting that they're now at the end of completing that comprehensive agreement, articles have now transitioned to talk about Iraq rejoining the international world...
9-3-2020 Newshound/Intel Guru Mnt Goat Article: "IRAQ BRINGS IN $72.1M IN CUSTOMS REVENUE FOR AUGUST: FEDERAL CUSTOMS AUTHORITY" Al-Kazemi is getting these financial reforms in place and fianally they are working...
9-3-2020 Intel Guru MarkZ [via PDK] Not really expecting any news until overnight tonight…just big anticipation that tonight starts the rollout somewhere between 11pm and 2 AM. …Hopefully we will have solid news by tomorrow morning. [I have heard tomorrow will be a “magical” Friday.] I am so ready for one of those…I think we all are. ...We are watching it roll out…My people said it would roll out in September and get very quiet except for disinformation…all my real connected people have been really quiet. They just said the plan is set - its moving forward. Just hang on...There really is a lot of misinformation right now…
9-3-2020 Newshound Guru MilitiaMan Report: "New Currency, Fiscal and Monetary Policies Guidelines for the Transitional Government of Iraq" ...The report shows what was from the past and what is needed into the future. By all the study we have under our belts, I can see this report as massive support they are in fact going to a market economy and will raise the rate of the IQD to support that effort! ...imo...
9-3-2020 Intel Guru Frank26 ...I believe in my heart that...there is a transparency change coming. We are seeing a change to the global financial system. I don't believe in the GCR. I believe in the GFS. The global financial system is completely being changed...I'd like to suggest that this Quantitative Financial System that's being brought is an evolution to the banking system. Where banks will never function the same way. It is a completely different model. A completely different system. A completely different language-coded...the Iraqi dinar has been beat up and abused...but Donald Trump put this together...What do you think Kazemi had a nice conversation about this past week?
9-3-2020 Newshound Guru Jeff ...around all these articles talking about the comprehensive agreement [between Kurdistan & Baghdad] we have new transitional articles. These new articles now are talking about Iraq going international and joining the international world. That's what the next round of articles are talking about...Iraq becoming and going international, joining the international world. In addition to that on August 20th you had a whole bunch of U.S. companies sign $8 billion worth of contracts...Iraq is ready to jump out and join the international world. That's not my opinion that's right here in print. It's factual...
9-3-2020 Intel Guru Bruce [via WiserNow] ...even though this journey is going longer than we all thought - I am still excited... it is to a point where the QFS would be fully operational – which I understand it is...we believe the Swift is gone for the very most part we have to confirm this but I believe it is...we’ve got a system that is functioning without the ability of it being hacked that is a very positive thing for us moving forward - and I know that’s going to be very valuable. ...We understand that the roll out is to occur for all of us in this week the 1st – 8th which is Tuesday thru Tuesday...You know we have UN operational rates changing on the 15th - that should be changing from where the public could actually see those on the UN operational website page...
9-2-2020 Intel Guru MarkZ [via PDK] [What currencies do you expect to be in the first basket?] I am hearing almost all currencies will be in the first basket…and that they will allow those not ready or trailing to float up to their values over the next few months . The big ones we will see in the first basket are the dong, dinar, Zim and rupiah.
9-2-2020 Intel Guru Delta ...every country in order for them to be able to [be part of QFS] ...first of all they have to join the system. Second you can not manipulate your currency. You have to have a fair currency - a fair exchange rate - in order for you to join the QFS...looks like Iraq is included there...this is a smart and brilliant way President Trump and the US treasury for them to come up with this system because that's the only way you can force all the countries to basically come up with a true rate. And Iraq is included...excellent news...you can not do it with the auctions anymore or at a program rate...
9-2-2020 Intel Guru Frank26 ...this change that they're about to do. This formula. This coding...is all brand new...I strongly believe currencies are being changed with their asset ability in order to be part of what Donald Trump is doing with currencies around the world and with Iraq...Do You think the Iraqi dinar is being groomed-prepared specially for this program [GFS]...Looks to me, Donald Trump a brilliant business man has once again done it. He found a solution on how for countries to stop stealing not only our money but Iraq's money...this goes all the way down to the common thief, to drug dealers, to terrorists. This is going to cover everything. This is like a pill that solves cancer. This system [QFS} will solve the problem with the monetary system of the Iraqi dinar...
9-2-2020 Newshound Guru Pimpy ...there's a lot of positive steps moving forward. This is what we're looking for. I said this before and I will say it once again. Do not get immune to the good news. There's a lot of good news that's coming out daily and my concern is people get impatient and go, 'Who cares about the good news. Just make it happen.' Don't do that....there are a lot of positive steps being taken forward...you should be excited about all of this...
9-2-2020 Newshound Guru Adam Montana There is no serious negative news on Iraq at the moment, which puts them in a good situation. The world has no major concerns about Iraq at the moment - they aren't causing problems, there is no major civil unrest (like there was 6 months ago), and the financial side of things is positive (OIL). Nothing in particular says "RV by Friday!", but we all know better than to expect a heads up from Iraq. They will do what they want, when they want... I hope you're ready. ...Go Iraq, and GO RRRRVVVVVV!!! [post 2 of 2]
9-2-2020 Newshound Guru Adam Montana ...OIL continues to be solid. What's not to like, if you were Iraq? ...Kazzammie just met with Trump recently, and the reports still say it was a productive and successful meeting. The parties that the HCL are most important to are meeting, discussing long term plans (something we have almost never seen on this level). The region is fairly quiet, and things are simply good overall. If we are to be realistic, the best time for Iraq to make a major move is during a quiet time. [post 1 of 2....stay tuned]
9-2-2020 Intel Guru MarkZ [via PDK] Not expecting any news until Thursday Evening…overnight….but hearing nothing changed so I am getting a bit excited. I am not hearing today…but...all kinds of activities over the weekend…and banking apts. for you and I starting next week. That’s what I am hearing. I hope its accurate…hopefully by Friday morning chat we have lovely news.
9-2-2020 Intel Guru Footforward [What’s you guys thoughts on the quantum financial system happening between now and September 11?] I do think it's coming. I'm not convinced it's coming as soon as people think. I also have the opinion we aren't waiting on that for the RV to happen...
9-2-2020 Newshound/Intel Guru Petra ...What is Iraq known for? Stealing from the auctions. Stealing money. All that goes away when the quantified system is engaged. Let's think about this. Could we be waiting for this QFS to take off? Could that be one of the reasons that we're waiting for for this to occur?
9-2-2020 Intel Guru MarkZ [via PDK] [is the swift system gone?] I think it is running parallel to the new system…we are seeing so many news articles now… I believe the QFS in in place...IMO it’s not fully done though...
9-2-2020 Newshound Guru Militiaman ...the United States Treasury...is using the language of 'global currency reset' arriving with the QFS. Whether or not it's all at once it doesn't say that. It just says that it's arrival is because of the QFS...that's why I've found that the most powerful thing I've seen because we all thought it [Global Currency Reset] was mythology. No body took it terribly seriously because the phrase in and of itself was not given out by the IMF or the World Bank or anybody until now...how many counties come out and do something in respect to this at one time is to be determined but one of the main feelers is the Iraqi dinar is the lead in with the QFS...
9-2-2020 Intel Guru Delta ...every country in order for them to be able to [be part of QFS] ...first of all they have to join the system. Second you can not manipulate your currency. You have to have a fair currency - a fair exchange rate - in order for you to join the QFS...looks like Iraq is included there...this is a smart and brilliant way President Trump and the US treasury for them to come up with this system because that's the only way you can force all the countries to basically come up with a true rate. And Iraq is included...excellent news...you can not do it with the auctions anymore or at a program rate...
9-2-2020 Intel Guru Frank26 ...this change that they're about to do. This formula. This coding...is all brand new...I strongly believe currencies are being changed with their asset ability in order to be part of what Donald Trump is doing with currencies around the world and with Iraq...Do You think the Iraqi dinar is being groomed-prepared specially for this program [GFS]...Looks to me, Donald Trump a brilliant business man has once again done it. He found a solution on how for countries to stop stealing not only our money but Iraq's money...this goes all the way down to the common thief, to drug dealers, to terrorists. This is going to cover everything. This is like a pill that solves cancer. This system [QFS} will solve the problem with the monetary system of the Iraqi dinar...
9-2-2020 Newshound Guru Pimpy ...there's a lot of positive steps moving forward. This is what we're looking for. I said this before and I will say it once again. Do not get immune to the good news. There's a lot of good news that's coming out daily and my concern is people get impatient and go, 'Who cares about the good news. Just make it happen.' Don't do that....there are a lot of positive steps being taken forward...you should be excited about all of this...
9-2-2020 Newshound Guru Adam Montana There is no serious negative news on Iraq at the moment, which puts them in a good situation. The world has no major concerns about Iraq at the moment - they aren't causing problems, there is no major civil unrest (like there was 6 months ago), and the financial side of things is positive (OIL). Nothing in particular says "RV by Friday!", but we all know better than to expect a heads up from Iraq. They will do what they want, when they want... I hope you're ready. ...Go Iraq, and GO RRRRVVVVVV!!! [post 2 of 2]
9-2-2020 Newshound Guru Adam Montana ...OIL continues to be solid. What's not to like, if you were Iraq? ...Kazzammie just met with Trump recently, and the reports still say it was a productive and successful meeting. The parties that the HCL are most important to are meeting, discussing long term plans (something we have almost never seen on this level). The region is fairly quiet, and things are simply good overall. If we are to be realistic, the best time for Iraq to make a major move is during a quiet time. [post 1 of 2....stay tuned]
9-2-2020 Intel Guru MarkZ [via PDK] Not expecting any news until Thursday Evening…overnight….but hearing nothing changed so I am getting a bit excited. I am not hearing today…but...all kinds of activities over the weekend…and banking apts. for you and I starting next week. That’s what I am hearing. I hope its accurate…hopefully by Friday morning chat we have lovely news.
9-2-2020 Intel Guru Footforward [What’s you guys thoughts on the quantum financial system happening between now and September 11?] I do think it's coming. I'm not convinced it's coming as soon as people think. I also have the opinion we aren't waiting on that for the RV to happen...
9-2-2020 Newshound/Intel Guru Petra ...What is Iraq known for? Stealing from the auctions. Stealing money. All that goes away when the quantified system is engaged. Let's think about this. Could we be waiting for this QFS to take off? Could that be one of the reasons that we're waiting for for this to occur?
9-2-2020 Intel Guru MarkZ [via PDK] [is the swift system gone?] I think it is running parallel to the new system…we are seeing so many news articles now… I believe the QFS in in place...IMO it’s not fully done though...
9-2-2020 Newshound Guru Militiaman ...the United States Treasury...is using the language of 'global currency reset' arriving with the QFS. Whether or not it's all at once it doesn't say that. It just says that it's arrival is because of the QFS...that's why I've found that the most powerful thing I've seen because we all thought it [Global Currency Reset] was mythology. No body took it terribly seriously because the phrase in and of itself was not given out by the IMF or the World Bank or anybody until now...how many counties come out and do something in respect to this at one time is to be determined but one of the main feelers is the Iraqi dinar is the lead in with the QFS...
9-1-2020 Newshound Guru Jeff Article: "Alliance of Forces: An effective return to Iraq internationally needs a comprehensive political consensus with great popular support" They're telling you for Iraq to go international they have to have political stability...to achieve political stability Kurdistan and Baghdad have to reach and sign that comprehensive agreement...going international also means changing the rate...
9-1-2020 Newshound Guru tlm724 [Long time no see...welcome back] Article: "Statement Of The Parliamentary Economic And Investment Committee Regarding Stopping Cooperation With The National Investment Authority" Quote: "Honorable Prime Minister, ministers, supervisory departments and relevant institutions...We call on you to stop cooperation with the National Investment Commission in all forms, and hold you responsible and legal consequences for wasting public money, and we call on the Prime Minister to refer the Authority’s Chairman, Window Manager and Legal Department Director to the investigation and withdraw their hand until the investigation ends." This is huge and depending on how the Prime Minister responds it can make a serious dent in corruption!
9-1-2020 Newshound/Intel Guru Mnt Goat Article quotes: "The GROUPS THAT BELIEVE THAT THEY ARE ABOVE THE LAW WILL SOON WITNESS SERIOUS MOVEMENTS BY OUR SECURITY FORCES," ; "In the past, there were concerted efforts to reduce and corrupt the state security forces, but we are now working to reconfigure these forces and cleanse them of all the corrupt elements, and this will take time, but we will hold these people accountable for the crimes they committed," we have been waiting for good news like this from a leader of Iraq for a long time. Yes, we heard it from lots of people in the past but not from a prime minister. I like al-Kazemi and his thinking. It is so honest and truthful. I also want to point out he is talking AGAIN about routing out these Iranian militias. WOW! It is about time! This is going to get the security they need for the reinstatement and to rebuild the economy and country. Its all moving in the right direction now and that is what matters.
9-1-2020 Intel Guru MarkZ [via PDK] I am still hearing things will start end of this week and we will all have an awesome Labor Day Weekend. I’m just worried that too many people are in agreement. I always expected this to go like a thief in the night…My sources...expect our shotgun start to happen post Labor Day at the start of the banking week. Still waiting for updates from Iraq and Dubai today. Hopefuly they are hearing the same things...it’s almost spooky that I am hearing the same story out of Asia, Europe and all around the globe right now on timing…This has me a little nervous that too many people agree on the timing…and things appear to be positioning this way as well…We have always been expecting it to happen between 11 pm and 2 am based on US Eastern time. That has always been the plan we were told.
9-1-2020 Intel Guru Delta ...the Central Bank of Iraq they basically did freeze the assets of 9 people. One of them was the son-in-law of Maliki. IMO that was very huge because for you to get Maliki's son-in-law, that gives you an indication that he does not have the same influence that he used to have before. This is great news for us. Some of you are asking why not Maliki? His turn is probably gonna come in but we don't know how long...it's very possible they waited to reinstate the currency, do the reforms...it looks like they wanted to take care of business first. Which is find the corruption first. IMO this was very very significant there...
9-1-2020 Intel Guru Frank26 ...we are looking for the CBI to release an article with step by step paragraphs explaining what Kazemi has accomplished with the CBI which in reality is what he's accomplished with President Trump. I'm looking for that article...when that article comes out it's very blatant, obvious that there is a rate change coming...
9-1-2020 Newshound/Intel Guru Mnt Goat So, are we waiting for the QFS to see the IQD reinstatement? Folks the QFS is here already and so we know the Iraq dinar has not been reinstated already. However, I hear that we were waiting for the timeline (targeted date) for the implementation of the Iraq in the QFS and it is coming very shortly. ...Countries are set to finally begin rolling into the QFS beginning this month of September 2020...The US is expected to target a September 9 or 10th implementation to the QFS. Iraq will probably follow in January 2021 (as I am hearing from the CBI)...the Vietnam Dong revaluation is dependent on China and it willingness to go along with the plan. [post 2 of 2]
9-1-2020 Newshound/Intel Guru Mnt Goat Welcome to September and still no RV...I have told everyone not to expect it until the CBI gives us indication of working on the project to “delete the zeros”. It is ONLY through this project that the inevitable REINSTATEMENT of the dinar on the global currency exchanges can happen. ...I also know that this timing is being tied to the rollout of the new Quantum Financial System or QFS...which is an advanced financial system launched to eradicate the corruption and the monopoly on the global monetary system and for that purpose, a computer system was developed in the early part of the new millennium comprised of Artificial Intelligence and complex computer programs fully backed by the IMF and regulatory agencies. [post 1 of 2....stay tuned]
9-1-2020 Newshound Guru tlm724 [Long time no see...welcome back] Article: "Statement Of The Parliamentary Economic And Investment Committee Regarding Stopping Cooperation With The National Investment Authority" Quote: "Honorable Prime Minister, ministers, supervisory departments and relevant institutions...We call on you to stop cooperation with the National Investment Commission in all forms, and hold you responsible and legal consequences for wasting public money, and we call on the Prime Minister to refer the Authority’s Chairman, Window Manager and Legal Department Director to the investigation and withdraw their hand until the investigation ends." This is huge and depending on how the Prime Minister responds it can make a serious dent in corruption!
9-1-2020 Newshound/Intel Guru Mnt Goat Article quotes: "The GROUPS THAT BELIEVE THAT THEY ARE ABOVE THE LAW WILL SOON WITNESS SERIOUS MOVEMENTS BY OUR SECURITY FORCES," ; "In the past, there were concerted efforts to reduce and corrupt the state security forces, but we are now working to reconfigure these forces and cleanse them of all the corrupt elements, and this will take time, but we will hold these people accountable for the crimes they committed," we have been waiting for good news like this from a leader of Iraq for a long time. Yes, we heard it from lots of people in the past but not from a prime minister. I like al-Kazemi and his thinking. It is so honest and truthful. I also want to point out he is talking AGAIN about routing out these Iranian militias. WOW! It is about time! This is going to get the security they need for the reinstatement and to rebuild the economy and country. Its all moving in the right direction now and that is what matters.
9-1-2020 Intel Guru MarkZ [via PDK] I am still hearing things will start end of this week and we will all have an awesome Labor Day Weekend. I’m just worried that too many people are in agreement. I always expected this to go like a thief in the night…My sources...expect our shotgun start to happen post Labor Day at the start of the banking week. Still waiting for updates from Iraq and Dubai today. Hopefuly they are hearing the same things...it’s almost spooky that I am hearing the same story out of Asia, Europe and all around the globe right now on timing…This has me a little nervous that too many people agree on the timing…and things appear to be positioning this way as well…We have always been expecting it to happen between 11 pm and 2 am based on US Eastern time. That has always been the plan we were told.
9-1-2020 Intel Guru Delta ...the Central Bank of Iraq they basically did freeze the assets of 9 people. One of them was the son-in-law of Maliki. IMO that was very huge because for you to get Maliki's son-in-law, that gives you an indication that he does not have the same influence that he used to have before. This is great news for us. Some of you are asking why not Maliki? His turn is probably gonna come in but we don't know how long...it's very possible they waited to reinstate the currency, do the reforms...it looks like they wanted to take care of business first. Which is find the corruption first. IMO this was very very significant there...
9-1-2020 Intel Guru Frank26 ...we are looking for the CBI to release an article with step by step paragraphs explaining what Kazemi has accomplished with the CBI which in reality is what he's accomplished with President Trump. I'm looking for that article...when that article comes out it's very blatant, obvious that there is a rate change coming...
9-1-2020 Newshound/Intel Guru Mnt Goat So, are we waiting for the QFS to see the IQD reinstatement? Folks the QFS is here already and so we know the Iraq dinar has not been reinstated already. However, I hear that we were waiting for the timeline (targeted date) for the implementation of the Iraq in the QFS and it is coming very shortly. ...Countries are set to finally begin rolling into the QFS beginning this month of September 2020...The US is expected to target a September 9 or 10th implementation to the QFS. Iraq will probably follow in January 2021 (as I am hearing from the CBI)...the Vietnam Dong revaluation is dependent on China and it willingness to go along with the plan. [post 2 of 2]
9-1-2020 Newshound/Intel Guru Mnt Goat Welcome to September and still no RV...I have told everyone not to expect it until the CBI gives us indication of working on the project to “delete the zeros”. It is ONLY through this project that the inevitable REINSTATEMENT of the dinar on the global currency exchanges can happen. ...I also know that this timing is being tied to the rollout of the new Quantum Financial System or QFS...which is an advanced financial system launched to eradicate the corruption and the monopoly on the global monetary system and for that purpose, a computer system was developed in the early part of the new millennium comprised of Artificial Intelligence and complex computer programs fully backed by the IMF and regulatory agencies. [post 1 of 2....stay tuned]
8-31-2020 Intel Guru Footforward ...I am fairly confident that it will happen on a Thursday...it would be an easy way for this to unfold...I'm asked if I have anything else in terms of timing and I don't...I don't feel like I can give a date at this point.
8-31-2020 Newshound Guru Jeff Article: "Away from the political file..a high-level Kurdish delegation in Baghdad". Quote: "...to discuss the proposal of the international Monetary Fund and the International Central Bank to change the budget system from 1-year budget to a 3-year budget." ...I've been in this 11 years that's the first time in 11 years they've ever talked about that. That pretty much has rate change written all over it...
8-31-2020 Intel Guru MarkZ [Is this the week with the never ending magic Tuesdays] Hopefully our last with all this chatter... I think we are really close…especially after hearing from all my government sources...I feel exceptionally good about September...i am expecting a shotgun start.
8-31-2020 Newshound Guru Jeff ...they're not going to stay pegged to a single currency. That's not happening...it's too risky. After the rate change the dinar will be pegged to a basket to minimize risk...
8-31-2020 Intel Guru RayRen98 Weekend UPDATE: Iraqi TV was broadcasting the following...Saturday: PM Al-Kadhimi steps confidently towards economic reform citing providing oil derivatives to support national factories. Sunday: PM Al-Kadhimi is beginning to disarm the militias by having the military to confiscate all light to medium weapons from all disputed tribal areas.
8-31-2020 Guest Guru Austin-Powers-For-PM ...I believe September will be an unbelievable month for all of us. What that looks like or how that will happen is yet to be seen...
8-31-2020 Newshound Guru Kaperoni There are still some who believe a significant overnight RV is possible. I have two articles that contradict the possibility of that ever happening...Iraq's net worth is only $16 trillion dollars...And the other clearly states 47 trillion dinarin circulation. ...They either have to LOP the dinar reducing trillions to billions or float the dinar as stated in the IMF Article IV with Iraq to gradually reduce the money supply. Btw, going from peg to a float is what most countries do, especially ones that are emerging with significant growth in their economies.
8-31-2020 Newshound Guru Jeff Article: "Away from the political file..a high-level Kurdish delegation in Baghdad". Quote: "...to discuss the proposal of the international Monetary Fund and the International Central Bank to change the budget system from 1-year budget to a 3-year budget." ...I've been in this 11 years that's the first time in 11 years they've ever talked about that. That pretty much has rate change written all over it...
8-31-2020 Intel Guru MarkZ [Is this the week with the never ending magic Tuesdays] Hopefully our last with all this chatter... I think we are really close…especially after hearing from all my government sources...I feel exceptionally good about September...i am expecting a shotgun start.
8-31-2020 Newshound Guru Jeff ...they're not going to stay pegged to a single currency. That's not happening...it's too risky. After the rate change the dinar will be pegged to a basket to minimize risk...
8-31-2020 Intel Guru RayRen98 Weekend UPDATE: Iraqi TV was broadcasting the following...Saturday: PM Al-Kadhimi steps confidently towards economic reform citing providing oil derivatives to support national factories. Sunday: PM Al-Kadhimi is beginning to disarm the militias by having the military to confiscate all light to medium weapons from all disputed tribal areas.
8-31-2020 Guest Guru Austin-Powers-For-PM ...I believe September will be an unbelievable month for all of us. What that looks like or how that will happen is yet to be seen...
8-31-2020 Newshound Guru Kaperoni There are still some who believe a significant overnight RV is possible. I have two articles that contradict the possibility of that ever happening...Iraq's net worth is only $16 trillion dollars...And the other clearly states 47 trillion dinarin circulation. ...They either have to LOP the dinar reducing trillions to billions or float the dinar as stated in the IMF Article IV with Iraq to gradually reduce the money supply. Btw, going from peg to a float is what most countries do, especially ones that are emerging with significant growth in their economies.
8-30-2020 Newshound Guru Pimpy People ask me this all the time - Pimpy the [Iraq] economy's going to get...big, should we turn in all of our currencies at once? I can't tell you what to do with your investments but some of you out there have enough where you could turn in a third, maybe half and live wealthy the rest of your life and maybe you'll think about holding on to the currency to see if it does continue to go up in value which I anticipated to do. Because Iraq is starting from the ground up. They're literally rebuilding...the entire country. The infrastructure is being redone...we need the power grids redone. What I'm saying is this, they're staring over from scratch. So if their currency once it's revalued has a certain value then you might want to hold onto some of yours and see what happens later down the line...
8-30-2020 Newshound Guru Jeff I already showed you this article a few days ago "3 reasons that prevented American investment in the past" ...This is like a slam dunk. It confirms everything I've showed you and told you...they're telling you what your delays are. Right here, right in front of your face. These are the delays before Iraq can go international. They're blatantly telling you. The politics have to be completed [Kurdish agreement and a few laws] and the economic reforms. But you guys know the economic reforms can only come when the rate changes... just looking at these plain facts IMO I'm looking for the rate to probably change most likely in late September...
8-30-2020 Intel Guru Footforward Article: "Iraq: Assets frozen of 9 officials including Al-Maliki's son-in-law" Quote: "The Central Bank of Iraq has decided to freeze the assets of nine former and current officials, including the son-in-law of former Prime Minister Nouri Al-Maliki..." this is a good sign...Not a coincidence this happens two days after Trump says our troops are leaving.
8-30-2020 Newshound Guru Pimpy ...Again more international relationships being developed with Iraq. I love this...both British and Dutch Prime Ministers are coming over to meet in Iraq...this is great...additional agreements and memorandums are expected to be signed. This means more trade deals. This means a stronger economy. This is great...more people going back to work...more people paying taxes. A stronger economy leads to a stronger currency...
8-30-2020 Newshound Guru Jeff Iraq is what's called on the OFAC list. That's why most major banks [Are not dealing with it]...Citibank is and has been selling Iraq's currency...most major banks today do not sell Iraq's currency. Wells Fargo, Chase, B of A do not sell Iraq's currency and the reason why is Iraq is on the OFAC list. The OFAC list it's not so much sanctions per se it's more of a list of countries thought...to support terrorism. So because Iraq is on that list the major banks do not want to sell currencies of countries that are know to support terrorism. By their choice they do not sell and exchange Iraq's currency. But again Citibank does...
8-30-2020 Intel Guru Frank26 Article: "Economist: The government must use the exchange rate of the dollar to overcome the financial crisis" ...they need to be 1 to 1. Quote: "the increase in the exchange rate in government banks contributes to eliminating the current crisis and maximizes state resources, at a time when IRAQ needs to make a boom in the banking sector."
8-30-2020 Newshound Guru Jeff comment: "Personally I think if it happens it will be when nobody expects. Possibly over the weekend, in order to maintain low speculation." ...it actually has to happen for Iraq on a Sunday morning which is exactly when Kuwait did it. They did it on March 24th of '91...It has to happen at the very beginning of Iraq's business banking week and Iraq's first business banking day of their week is their Sunday. Also it has to happen at a point in time when all financial markets are closed around the world to minimize/reduce and control market volatility...
8-30-2020 Newshound Guru Jeff I already showed you this article a few days ago "3 reasons that prevented American investment in the past" ...This is like a slam dunk. It confirms everything I've showed you and told you...they're telling you what your delays are. Right here, right in front of your face. These are the delays before Iraq can go international. They're blatantly telling you. The politics have to be completed [Kurdish agreement and a few laws] and the economic reforms. But you guys know the economic reforms can only come when the rate changes... just looking at these plain facts IMO I'm looking for the rate to probably change most likely in late September...
8-30-2020 Intel Guru Footforward Article: "Iraq: Assets frozen of 9 officials including Al-Maliki's son-in-law" Quote: "The Central Bank of Iraq has decided to freeze the assets of nine former and current officials, including the son-in-law of former Prime Minister Nouri Al-Maliki..." this is a good sign...Not a coincidence this happens two days after Trump says our troops are leaving.
8-30-2020 Newshound Guru Pimpy ...Again more international relationships being developed with Iraq. I love this...both British and Dutch Prime Ministers are coming over to meet in Iraq...this is great...additional agreements and memorandums are expected to be signed. This means more trade deals. This means a stronger economy. This is great...more people going back to work...more people paying taxes. A stronger economy leads to a stronger currency...
8-30-2020 Newshound Guru Jeff Iraq is what's called on the OFAC list. That's why most major banks [Are not dealing with it]...Citibank is and has been selling Iraq's currency...most major banks today do not sell Iraq's currency. Wells Fargo, Chase, B of A do not sell Iraq's currency and the reason why is Iraq is on the OFAC list. The OFAC list it's not so much sanctions per se it's more of a list of countries thought...to support terrorism. So because Iraq is on that list the major banks do not want to sell currencies of countries that are know to support terrorism. By their choice they do not sell and exchange Iraq's currency. But again Citibank does...
8-30-2020 Intel Guru Frank26 Article: "Economist: The government must use the exchange rate of the dollar to overcome the financial crisis" ...they need to be 1 to 1. Quote: "the increase in the exchange rate in government banks contributes to eliminating the current crisis and maximizes state resources, at a time when IRAQ needs to make a boom in the banking sector."
8-30-2020 Newshound Guru Jeff comment: "Personally I think if it happens it will be when nobody expects. Possibly over the weekend, in order to maintain low speculation." ...it actually has to happen for Iraq on a Sunday morning which is exactly when Kuwait did it. They did it on March 24th of '91...It has to happen at the very beginning of Iraq's business banking week and Iraq's first business banking day of their week is their Sunday. Also it has to happen at a point in time when all financial markets are closed around the world to minimize/reduce and control market volatility...
8-29-2020 Newshound Guru Pimpy ...this article over here IMO is a biggie. Article "Report: Nuri al-Maliki distributed his wealth among his relatives but the "Sakhil Strike" did not miss its target!" ... we all know one of the most corrupt and high-profile people is Maliki. How he's still standing and running around free for now I couldn't understand until I got to this article. Al-Kazemi is being very strategic about this. He's laying the whammy down on corruption...he didn't go after Maliki directly only because people said [In the article]...this would be a declaration of war...any sort of direct investigation in Maliki would be considered some type of act of war within the tribes...make no doubt about it this has got to have Maliki concerned...
8-29-2020 Newshound/Intel Guru Mnt Goat ...I believe in the late fall season we may hear some news about the “project to delete the zeros” from the CBI and we will be in a better position to know where we stand with the reinstatement. We have not heard any news now for almost 2 years. We just wait...I am sorry folks that I could not bring better news to you today but there really is not much more noteworthy news. We just have to sit tight, pray and wait.
8-29-2020 Intel Guru Footforward [How close do you feel we are...] I believe we are in the time and season...
8-29-2020 Newshound Guru Jeff Iraq's currency will become internationally recognized when the rate does change. The rate change has to change basically first or at the same time but the rate change is the linchpin...the currency does not become internationally recognized till the rate change so that's the linchpin. Once that happens the currency does become internationally recognized. That's also the linchpin to when Iraq will become Article VIII compliant with the IMF. Right now Iraq is under Article VIII rules, guidelines and procedures. They have to adhere to them but they don't become Article VIII till the rate changes...
8-29-2020 Newshound Guru Pimpy ...A lot of progress going on in Iraq. Article: "Representing the Kurdistan Region in the Iraq negotiating committees in the strategic dialogue with America" This is what impresses me the most about Al-Kazemi's administration...his willingness to just get in there and get things done. It's been outstanding. This is great news for both our short-term and long-term investments...when it comes to the Iraqi dinar anything and everything that gets these guys back on their feet and helps build their economy is a benefit to us...this is a huge step because that shows Al-Kazemi's willingness to work with Kurdistan and to helps get things accomplished with the United States...
8-29-2020 Newshound Guru Kaperoni [Kuwait Devalued & ReInstated both in One Night...] ...I disagree that they did that..but even if I am wrong, Kuwait never had 42 trillion in circulation...Iraq has over 42 trillion in Iraq. That does not include what is outside the country. That is well documented...All you need to do is google Kuwait and the central bank to learn they never had that much currency. ...42 trillion? That is basic math! There cannot ever be a significant RV of the dinar.
8-29-2020 Newshound Guru Jeff Article: "Britain commends action on Baghdad and Erbil and shows commitment to addressing the broader challenges of Iraq" Quote: "the most urgent of these challenges is addressing the economic crisis facing the country..." Look at this. This is huge. Quote continues: "...through the introduction of necessary economic reforms." ...This is amazing...those reforms require funding from the budget and the budget is married to the rate change...
8-29-2020 Newshound/Intel Guru Mnt Goat Article: "MINISTER OF OIL: THE CONTRACT WITH CHEVRON WILL MAKE IRAQ AT THE FOREFRONT OF COUNTRIES WITH ENERGY" Like I keep saying this is Iraq’s last chance to use what oil revenues they have to rebuild the country and their economy. Life is changing to outside fossil fuels. What will they finally do? Implementing the customs and tariffs must be implemented now! There is no turning back unless they want another financial crisis and this next time they will not be able to crawl their way out of it. If not for Trump’s help with US commitments they would be doomed now even.
8-29-2020 Intel/Newshound Guru sandyf Kap [Guru Kaperoni] is incorrect, the IQD is not "internationally recognised", that is a term that comes with Art 8. Currently, as all Art 14 currencies, the IQD is a non-convertible currency and when Iraq accepts the obligations of Art 8 the currency will become partially convertible and accepted by international banks. Trading internationally is something different, the IQD has been traded on Forex for many years but at the higher levels not available to most. In 2013 there were 4 Forex trading pairs and by 2018 that had increased to 11. [reference Guru Kaperoni post 8-28-2020]
8-29-2020 Newshound/Intel Guru Mnt Goat ...I believe in the late fall season we may hear some news about the “project to delete the zeros” from the CBI and we will be in a better position to know where we stand with the reinstatement. We have not heard any news now for almost 2 years. We just wait...I am sorry folks that I could not bring better news to you today but there really is not much more noteworthy news. We just have to sit tight, pray and wait.
8-29-2020 Intel Guru Footforward [How close do you feel we are...] I believe we are in the time and season...
8-29-2020 Newshound Guru Jeff Iraq's currency will become internationally recognized when the rate does change. The rate change has to change basically first or at the same time but the rate change is the linchpin...the currency does not become internationally recognized till the rate change so that's the linchpin. Once that happens the currency does become internationally recognized. That's also the linchpin to when Iraq will become Article VIII compliant with the IMF. Right now Iraq is under Article VIII rules, guidelines and procedures. They have to adhere to them but they don't become Article VIII till the rate changes...
8-29-2020 Newshound Guru Pimpy ...A lot of progress going on in Iraq. Article: "Representing the Kurdistan Region in the Iraq negotiating committees in the strategic dialogue with America" This is what impresses me the most about Al-Kazemi's administration...his willingness to just get in there and get things done. It's been outstanding. This is great news for both our short-term and long-term investments...when it comes to the Iraqi dinar anything and everything that gets these guys back on their feet and helps build their economy is a benefit to us...this is a huge step because that shows Al-Kazemi's willingness to work with Kurdistan and to helps get things accomplished with the United States...
8-29-2020 Newshound Guru Kaperoni [Kuwait Devalued & ReInstated both in One Night...] ...I disagree that they did that..but even if I am wrong, Kuwait never had 42 trillion in circulation...Iraq has over 42 trillion in Iraq. That does not include what is outside the country. That is well documented...All you need to do is google Kuwait and the central bank to learn they never had that much currency. ...42 trillion? That is basic math! There cannot ever be a significant RV of the dinar.
8-29-2020 Newshound Guru Jeff Article: "Britain commends action on Baghdad and Erbil and shows commitment to addressing the broader challenges of Iraq" Quote: "the most urgent of these challenges is addressing the economic crisis facing the country..." Look at this. This is huge. Quote continues: "...through the introduction of necessary economic reforms." ...This is amazing...those reforms require funding from the budget and the budget is married to the rate change...
8-29-2020 Newshound/Intel Guru Mnt Goat Article: "MINISTER OF OIL: THE CONTRACT WITH CHEVRON WILL MAKE IRAQ AT THE FOREFRONT OF COUNTRIES WITH ENERGY" Like I keep saying this is Iraq’s last chance to use what oil revenues they have to rebuild the country and their economy. Life is changing to outside fossil fuels. What will they finally do? Implementing the customs and tariffs must be implemented now! There is no turning back unless they want another financial crisis and this next time they will not be able to crawl their way out of it. If not for Trump’s help with US commitments they would be doomed now even.
8-29-2020 Intel/Newshound Guru sandyf Kap [Guru Kaperoni] is incorrect, the IQD is not "internationally recognised", that is a term that comes with Art 8. Currently, as all Art 14 currencies, the IQD is a non-convertible currency and when Iraq accepts the obligations of Art 8 the currency will become partially convertible and accepted by international banks. Trading internationally is something different, the IQD has been traded on Forex for many years but at the higher levels not available to most. In 2013 there were 4 Forex trading pairs and by 2018 that had increased to 11. [reference Guru Kaperoni post 8-28-2020]
8-28-2020 Intel Guru Frank26 I don't have a date. I see solid reasons for it to happen in the next 5 seconds as the same way I see solid reasons for it to happen at the end of this year. It doesn't matter to me. What matters to me is the progress, the movement.
8-28-2020 Intel Guru Bruce ...I’m not sure about Iraq – whether they are going to show that rate as early...this coming Sunday - I’ve got information that says they may show the new international rate on Sunday...we know that the rates have already changed in country – least we have been told they have – and now we just wait and see what Iraq does in terms of the international rate...They may have a rate that is already known within certain countries of the Middle East – that they are trading with – so it is nothing we have to worry about...the nice thing is they all agree – very different sources from the highest banking sources – in corporate offices and all the other sources we talk to... [post 2 of 2]
8-28-2020 Intel Guru Bruce [via WiserNow] Let’s take a look at where we are because we finally got some conclusive intel today that seems to make an agreement consensus with all intel sources that I am using - that I have – all different directions coming together on the same page...It’s interesting because we do have a consensus from all of my sources...Now – here’s the thing – we talked Tuesday night about the possibility of a Wed/Thurs/Friday timeframe...Now we had the impression that this could go any day almost any minute...that is what I had at the time on Tuesday and we told you – and we said this for years I guess - that this is a moving target and things do change...Now...we are supposed to be notified and start setting our appointments either Monday or Tuesday - this coming...Monday is a ?? question mark – I don’t know that we would but I do believe we would start on the first day of September – that is Tuesday... [post 1 of 2....stay tuned]
8-28-2020 Newshound Guru Jeff I've been telling you since June you're waiting for Kurdistan and Baghdad to reach that comprehensive agreement. Iraq has to have stability. It's that simple...U.S companies have not been investing in Iraq the last 3 years and one of the reason was because Kurdistan and Baghdad have to make an agreement...
8-28-2020 Newshound/Intel Guru Mnt Goat Article: "IRAQI FINANCE CONFIRMS TO PROCEED WITH A PLAN TO AUTOMATE CUSTOMS TRANSACTIONS AND PROCEDURES" ...remember I told you this automated system needs to tie into currency rates on FOREX. The dinar has to be on FOREX for this to work. We have heard about them doing this for years now. I think they are now finally going to do it.
8-28-2020 Intel Guru MarkZ [via PDK] ...Remember they are releasing a lot of misinformation now…and I am trying to piece through it...I am still excited about where we are at. [So they have kicked the can once again…] I don’t believe the can is being kicked. More and more of my sources say it’s on a fixed schedule now. It’s moving forward slowly and methodically...
8-28-2020 Newshound Guru Jeff Statement: "The CBI hasn't initiated the project to delete the zeros." They are not going to tell you when they initiated. You won't even know when it's initiated. You'll know when it's just done. You're just gonna wake up one morning on a Sunday and be like 'Oh, rate change -ya!"
8-28-2020 Newshound Guru Kaperoni ...The real problems are structurally with in Iraq. When the authorities are ready, they will move the financial system and pass the laws to encourage foreign investment. This has nothing to do with the value of the currency. The value of the currency will be determined by the success/growth of the economy and the pressure created on the financial system as a result of significant investment...nothing is arbitrary or random in monetary policy. [post 2 of 2]
8-28-2020 Newshound Guru Kaperoni ...guru Frank26 keeps talking about a sovereign currency, as if Iraq doesn't have one. They introduced the Iraqi dinar in 2003 they are a sovereign country with their own currency, he just doesn't like the value LOL. But 1190 is the value. There is no RV. The Iraqi dinar is globally recognized oh, they do follow the IMF Charter. It just isn't really accepted internationally because they haven't moved the banking system from Article XIV to VIII. Part of the charter of the IMF is that countries that have developing banking systems are always aspiring to engage with the world financial system and be in Article VIII. If you read the Article IV Consultations with Iraq you will see that they have encouraged Iraq to meet the obligations of Article VIII and move to Article VIII to send a positive message to the global investment community. [post 1 of 2....stay tuned]
8-28-2020 Intel Guru Bruce ...I’m not sure about Iraq – whether they are going to show that rate as early...this coming Sunday - I’ve got information that says they may show the new international rate on Sunday...we know that the rates have already changed in country – least we have been told they have – and now we just wait and see what Iraq does in terms of the international rate...They may have a rate that is already known within certain countries of the Middle East – that they are trading with – so it is nothing we have to worry about...the nice thing is they all agree – very different sources from the highest banking sources – in corporate offices and all the other sources we talk to... [post 2 of 2]
8-28-2020 Intel Guru Bruce [via WiserNow] Let’s take a look at where we are because we finally got some conclusive intel today that seems to make an agreement consensus with all intel sources that I am using - that I have – all different directions coming together on the same page...It’s interesting because we do have a consensus from all of my sources...Now – here’s the thing – we talked Tuesday night about the possibility of a Wed/Thurs/Friday timeframe...Now we had the impression that this could go any day almost any minute...that is what I had at the time on Tuesday and we told you – and we said this for years I guess - that this is a moving target and things do change...Now...we are supposed to be notified and start setting our appointments either Monday or Tuesday - this coming...Monday is a ?? question mark – I don’t know that we would but I do believe we would start on the first day of September – that is Tuesday... [post 1 of 2....stay tuned]
8-28-2020 Newshound Guru Jeff I've been telling you since June you're waiting for Kurdistan and Baghdad to reach that comprehensive agreement. Iraq has to have stability. It's that simple...U.S companies have not been investing in Iraq the last 3 years and one of the reason was because Kurdistan and Baghdad have to make an agreement...
8-28-2020 Newshound/Intel Guru Mnt Goat Article: "IRAQI FINANCE CONFIRMS TO PROCEED WITH A PLAN TO AUTOMATE CUSTOMS TRANSACTIONS AND PROCEDURES" ...remember I told you this automated system needs to tie into currency rates on FOREX. The dinar has to be on FOREX for this to work. We have heard about them doing this for years now. I think they are now finally going to do it.
8-28-2020 Intel Guru MarkZ [via PDK] ...Remember they are releasing a lot of misinformation now…and I am trying to piece through it...I am still excited about where we are at. [So they have kicked the can once again…] I don’t believe the can is being kicked. More and more of my sources say it’s on a fixed schedule now. It’s moving forward slowly and methodically...
8-28-2020 Newshound Guru Jeff Statement: "The CBI hasn't initiated the project to delete the zeros." They are not going to tell you when they initiated. You won't even know when it's initiated. You'll know when it's just done. You're just gonna wake up one morning on a Sunday and be like 'Oh, rate change -ya!"
8-28-2020 Newshound Guru Kaperoni ...The real problems are structurally with in Iraq. When the authorities are ready, they will move the financial system and pass the laws to encourage foreign investment. This has nothing to do with the value of the currency. The value of the currency will be determined by the success/growth of the economy and the pressure created on the financial system as a result of significant investment...nothing is arbitrary or random in monetary policy. [post 2 of 2]
8-28-2020 Newshound Guru Kaperoni ...guru Frank26 keeps talking about a sovereign currency, as if Iraq doesn't have one. They introduced the Iraqi dinar in 2003 they are a sovereign country with their own currency, he just doesn't like the value LOL. But 1190 is the value. There is no RV. The Iraqi dinar is globally recognized oh, they do follow the IMF Charter. It just isn't really accepted internationally because they haven't moved the banking system from Article XIV to VIII. Part of the charter of the IMF is that countries that have developing banking systems are always aspiring to engage with the world financial system and be in Article VIII. If you read the Article IV Consultations with Iraq you will see that they have encouraged Iraq to meet the obligations of Article VIII and move to Article VIII to send a positive message to the global investment community. [post 1 of 2....stay tuned]
8-27-2020 Intel Guru Frank26 ... Iran influence in the government, in the banking structure, in their streets - is the only reason why we don't have the new currency rate...the mess is Iran . That's all there is to it. They are the parasite and how do you get rid of them? ...all the arresting. All the court appearances. Everything that they've done and now there's just one final thing left to do...dissolve...to me that is the next step that is what has been given to Kazemi...get rid of the final remaining Iranian influence...
8-27-2020 Intel Guru MarkZ [via PDK] [Are we going to be able to buy currency in the second or third basket…] I am told it all goes into the first basket but a number of currencies will be allowed to free float over time …..So I am planning on investing after the first basket…
8-27-2020 Newshound/Intel Guru Mnt Goat I am told to expect details on the rollout of the lower denominations sometime in October with the rollout in late November thru December. If this does not happen it will be delayed further. This news tells me that they plan to complete the project to delete the zeros late this year, but will not move to the global markets on FOREX with the currency until very early next year 2021. They are still currently under OFAC sanctions. My contact sees things maybe changing as a result of Al-Kazemi’s visit to the US this week.
8-27-2020 Newshound Guru Adam Montana Articles: "The Ministry of Interior launches a service on citizens' phones to facilitate transactions"; "Iraqi Finance confirms to proceed with a plan to automate customs transactions and procedures"
I know Iraq may seem slow and dated and waiting for them to do something with their currency can be frustrating for us. At the same time, it's important to understand that Iraq is not full of dummies. They are approaching new territory, with a very clean slate, and they can utilize new technology to accomplish something that would have been very difficult before today's technology existed.
8-27-2020 Intel Guru MarkZ [via PDK] There is a difference from what the intel boards are saying then what the bankers, banking centers and attorneys are saying…very different...I assume there is dis-information being sown out there on purpose on the boards because the people actually involved in the reset are not hearing those same things. Bankers say there is a set schedule and it’s moving forward. It all sounds good and they keep reassuring me things are moving…they are happier now then I’ve seen them in this process. We should all hang tight and stay calm. I have always said this is a “when” not an “if”...
8-27-2020 Intel Guru Frank26 A sovereign country does not exist unless it has a sovereign currency. It's that simple. It doesn't take a genius to figure that out. If you have a sanctioned currency you're not sovereign. It doesn't take a phi beta kappa to understand that. We told you the key word was "sovereign". All of a sudden two days later you see it everywhere coming out of Kazemi, from Pence, Trump. Everybody's saying the same word that we gave you as a key word...
8-27-2020 Newshound Guru Pimpy ...I don't have any faith in 800#s nor these so-called redemption centers...one person posted a so called 800# and I called it. It went to a pizza place...Here's my opinion...people will go and do anything if they could scam people. What I think these redemption centers are...they'll promise you a specific rate or say they can exchange it for you or say they're the only licensed people to exchange on your behalf. They're gonna lie. That's just my opinion. Then all of a sudden you get your dinar over to them and then they redeem it for the proper rate and take their cut of the pie. That's what I think these are...I'm saying I think they're bullshit...what I'm saying is please be careful...talk to your local banks. You don't have to tell them you have Iraqi dinar, just simply ask them, 'Hey if I want to come in and exchange my currency how does this work? Do I just come straight to you?' And they'll tell you yes you do or no you don't. Maybe they'll want you to call an 800# but let the banks tell you that...go find out for yourself...this way you'll already know in advance...
8-27-2020 Intel Guru MarkZ [via PDK] Many people are afraid there won’t be 800 numbers… I am told there will be and we will receive those via a secure link. This comes from high up banking contacts. And there will be instructions on how to exchange…I am not a bit worried. I have complete and total faith there will be a secure link and/or 800 numbers. I have been told this over and over by well connected people and people who have help set up redemption centers...
8-27-2020 Intel Guru MarkZ [via PDK] [Are we going to be able to buy currency in the second or third basket…] I am told it all goes into the first basket but a number of currencies will be allowed to free float over time …..So I am planning on investing after the first basket…
8-27-2020 Newshound/Intel Guru Mnt Goat I am told to expect details on the rollout of the lower denominations sometime in October with the rollout in late November thru December. If this does not happen it will be delayed further. This news tells me that they plan to complete the project to delete the zeros late this year, but will not move to the global markets on FOREX with the currency until very early next year 2021. They are still currently under OFAC sanctions. My contact sees things maybe changing as a result of Al-Kazemi’s visit to the US this week.
8-27-2020 Newshound Guru Adam Montana Articles: "The Ministry of Interior launches a service on citizens' phones to facilitate transactions"; "Iraqi Finance confirms to proceed with a plan to automate customs transactions and procedures"
I know Iraq may seem slow and dated and waiting for them to do something with their currency can be frustrating for us. At the same time, it's important to understand that Iraq is not full of dummies. They are approaching new territory, with a very clean slate, and they can utilize new technology to accomplish something that would have been very difficult before today's technology existed.
8-27-2020 Intel Guru MarkZ [via PDK] There is a difference from what the intel boards are saying then what the bankers, banking centers and attorneys are saying…very different...I assume there is dis-information being sown out there on purpose on the boards because the people actually involved in the reset are not hearing those same things. Bankers say there is a set schedule and it’s moving forward. It all sounds good and they keep reassuring me things are moving…they are happier now then I’ve seen them in this process. We should all hang tight and stay calm. I have always said this is a “when” not an “if”...
8-27-2020 Intel Guru Frank26 A sovereign country does not exist unless it has a sovereign currency. It's that simple. It doesn't take a genius to figure that out. If you have a sanctioned currency you're not sovereign. It doesn't take a phi beta kappa to understand that. We told you the key word was "sovereign". All of a sudden two days later you see it everywhere coming out of Kazemi, from Pence, Trump. Everybody's saying the same word that we gave you as a key word...
8-27-2020 Newshound Guru Pimpy ...I don't have any faith in 800#s nor these so-called redemption centers...one person posted a so called 800# and I called it. It went to a pizza place...Here's my opinion...people will go and do anything if they could scam people. What I think these redemption centers are...they'll promise you a specific rate or say they can exchange it for you or say they're the only licensed people to exchange on your behalf. They're gonna lie. That's just my opinion. Then all of a sudden you get your dinar over to them and then they redeem it for the proper rate and take their cut of the pie. That's what I think these are...I'm saying I think they're bullshit...what I'm saying is please be careful...talk to your local banks. You don't have to tell them you have Iraqi dinar, just simply ask them, 'Hey if I want to come in and exchange my currency how does this work? Do I just come straight to you?' And they'll tell you yes you do or no you don't. Maybe they'll want you to call an 800# but let the banks tell you that...go find out for yourself...this way you'll already know in advance...
8-27-2020 Intel Guru MarkZ [via PDK] Many people are afraid there won’t be 800 numbers… I am told there will be and we will receive those via a secure link. This comes from high up banking contacts. And there will be instructions on how to exchange…I am not a bit worried. I have complete and total faith there will be a secure link and/or 800 numbers. I have been told this over and over by well connected people and people who have help set up redemption centers...
8-26-2020 Intel Guru RayRen98 [Did Ray say what his text was about?] THE TEXT WAS FROM A BANK SOURCE - INDICATING "THIS WEEK" AS THEIR EXPECTED LAST WEEK WAITING TO EXCHANGE. TIME WILL TELL!!
8-26-2020 Intel Guru Delta ...the Central Bank of Iraq will tell you exactly what they're about to do. I'm waiting for a beautiful and very important article that should come up. It could be a day. It could be weeks...the article about lifting the 3 zeros...that's what's going to put a stop to all the speculations...
8-26-2020 Intel Guru Bruce [via WiserNow] ...Guys, this is it – we are close...I’ll tell you from some bank sources that we like very very much – they’re looking at...us...to get started as early as tomorrow – (Wednesday)... There are other people that are looking very hard at Thursday - for us to get started...I am going to say right now from Wednesday to Friday is prime time – That is really looking good...Could it slip to Saturday? It is possible yes...but I believe it is to start this week...I think everything is pointing towards it – and I’m just giving you what I’ve got...and that is looking very strong for Wednesday – Thursday – or Friday of this week...
8-26-2020 Intel Guru Frank26 ...the biggest thing that came out of this meeting [The Washington Meeting], actually is two things. 1. A commitment from Kazemi to Donald Trump that Iraq will de-dollarize and 2. The acceptance that they are going to announce that they have a change in their exchange rate. That they have added value to their currency. That's the only reason why you see Donald Trump give all these contracts to Kazemi. Why didn't they hand them out before? The week before? The month before? The year before? They didn't qualify for it. The "white papers" have been all checked off. Every benchmark on those "white papers" is done. Now the question is Kazemi...Are you ready to make the announcement of everything that is in those "white papers"? ...we do not have the authority to tell them to raise the value of their currency. Their bank. Their government. Their Prime Minister. Their Leaders. They're the ones that make that decision.
8-26-2020 Intel Guru MarkZ [via PDK] The news is painfully quiet out of banking centers right now...I am told they have a set schedule now and its rolling out quickly. They are really leaning on banking folks to stay quiet.
8-26-2020 Newshound Guru Adam Montana Articles: "The Council of Ministers holds its regular session headed by Al-Kazemi"; "Al-Kazemi: The challenges are great and we have an opportunity to take the country to the right path" Kazzammie is back from the US. By all reports, his meeting with President Trump went well...the feeling is pretty simple - moving on, moving forward, the future is bright. ...Kazzammie is not only back from a potentially important meeting, but he is back and right back to it...Overall, we have so much to be positive about - the new PM in Iraq is just cruising along, accomplishing things, crushing it. The riots and protests that came before him are a thing of the past. There is a standing agreement regarding the Budget that is on track to be set in stone, and believe it or not... we're talking about agreements happening ahead of normal schedule. This is like no other time in Iraq's recent history, and it's pretty exciting...GOOOO RRRRRRRVVVVV!!!!!
8-26-2020 Intel Guru Frank26 ...I'm of the point of view that it can happen at any moment. I believe that the rate can be changed because it's already changed. All that is needed is for the rate change to be announced...I know Donald Trump met with Kazemi for the purpose of talking about the currency of their country. One of the biggest things that came out of this meeting IMO is a commitment from Kazemi...Kazemi has promised Donald Trump to de-dollarize Iraq...
8-26-2020 Intel Guru RayRen98 [...Bank Appointments this week?] I'M HEARING OF SEVERAL TAKING PLACE THIS WEEK...PROGRESS IN THE MAKING!
8-26-2020 Intel Guru Frank26 ...this cannot happen with a non-sovereign country. This cannot happen with a non-sovereign currency. All of this business, all of these contracts...Donald Trump is a businessman...as the days go by, as the weeks go by we're going to learn more and more about what Trump has given to Kazemi for Iraq. We're going to learn more and more about these meetings...Trump wants to see dollar signs...Trump wants the end results to be the black ink. We don't want no red. Trump wants to see dollar signs. This is all about business...Iraq's economy is about to explode nuclear.
8-26-2020 Intel Guru Delta What do you think is the importance of Kurdistan traveling with Kazemi to come to Washington D.C.? That's really significant...this is the first time I see Kurdistan traveling with the official government from central Baghdad...I think this is very huge...it gives you indication that there are unity between them. You know if they're not happy you'll never see them traveling all the way down to the U.S...you know what's going to make them more united right? The new currency...lower denominations...have the Kurdish language on it...that part too is going to unite the whole country...so this is a major and a huge significant part for them to join the government with the negotiation and those contracts with the U.S...
8-26-2020 Newshound/Intel Guru Mnt Goat ...President Trump is mandating that the Iranian militias be disbanded and guns taken away. Folks, this is what we have been waiting for since 2014. This is WOW news. It is about time. But this would not have happened without Trump. So we let this play out and watch the stability come back to Iraq slowly. This will lead to a climate that they can then rebuild the country and their economy.
8-26-2020 Newshound Guru Pimpy A lot of positive energy coming out of Iraq. They seem to be going everywhere and getting things accomplished...ever since our boy Al-Kazemi has gotten into office Iraq has been really really busy... Article" "The disclosure of 5 type of support that Al-Kazemi obtained during his recent visit to Washington" ...They feel they got a lot of respect from Trump and in fact them acknowledging their government is really key to the growth of Iraq...
8-26-2020 Intel Guru Delta ...the Central Bank of Iraq will tell you exactly what they're about to do. I'm waiting for a beautiful and very important article that should come up. It could be a day. It could be weeks...the article about lifting the 3 zeros...that's what's going to put a stop to all the speculations...
8-26-2020 Intel Guru Bruce [via WiserNow] ...Guys, this is it – we are close...I’ll tell you from some bank sources that we like very very much – they’re looking at...us...to get started as early as tomorrow – (Wednesday)... There are other people that are looking very hard at Thursday - for us to get started...I am going to say right now from Wednesday to Friday is prime time – That is really looking good...Could it slip to Saturday? It is possible yes...but I believe it is to start this week...I think everything is pointing towards it – and I’m just giving you what I’ve got...and that is looking very strong for Wednesday – Thursday – or Friday of this week...
8-26-2020 Intel Guru Frank26 ...the biggest thing that came out of this meeting [The Washington Meeting], actually is two things. 1. A commitment from Kazemi to Donald Trump that Iraq will de-dollarize and 2. The acceptance that they are going to announce that they have a change in their exchange rate. That they have added value to their currency. That's the only reason why you see Donald Trump give all these contracts to Kazemi. Why didn't they hand them out before? The week before? The month before? The year before? They didn't qualify for it. The "white papers" have been all checked off. Every benchmark on those "white papers" is done. Now the question is Kazemi...Are you ready to make the announcement of everything that is in those "white papers"? ...we do not have the authority to tell them to raise the value of their currency. Their bank. Their government. Their Prime Minister. Their Leaders. They're the ones that make that decision.
8-26-2020 Intel Guru MarkZ [via PDK] The news is painfully quiet out of banking centers right now...I am told they have a set schedule now and its rolling out quickly. They are really leaning on banking folks to stay quiet.
8-26-2020 Newshound Guru Adam Montana Articles: "The Council of Ministers holds its regular session headed by Al-Kazemi"; "Al-Kazemi: The challenges are great and we have an opportunity to take the country to the right path" Kazzammie is back from the US. By all reports, his meeting with President Trump went well...the feeling is pretty simple - moving on, moving forward, the future is bright. ...Kazzammie is not only back from a potentially important meeting, but he is back and right back to it...Overall, we have so much to be positive about - the new PM in Iraq is just cruising along, accomplishing things, crushing it. The riots and protests that came before him are a thing of the past. There is a standing agreement regarding the Budget that is on track to be set in stone, and believe it or not... we're talking about agreements happening ahead of normal schedule. This is like no other time in Iraq's recent history, and it's pretty exciting...GOOOO RRRRRRRVVVVV!!!!!
8-26-2020 Intel Guru Frank26 ...I'm of the point of view that it can happen at any moment. I believe that the rate can be changed because it's already changed. All that is needed is for the rate change to be announced...I know Donald Trump met with Kazemi for the purpose of talking about the currency of their country. One of the biggest things that came out of this meeting IMO is a commitment from Kazemi...Kazemi has promised Donald Trump to de-dollarize Iraq...
8-26-2020 Intel Guru RayRen98 [...Bank Appointments this week?] I'M HEARING OF SEVERAL TAKING PLACE THIS WEEK...PROGRESS IN THE MAKING!
8-26-2020 Intel Guru Frank26 ...this cannot happen with a non-sovereign country. This cannot happen with a non-sovereign currency. All of this business, all of these contracts...Donald Trump is a businessman...as the days go by, as the weeks go by we're going to learn more and more about what Trump has given to Kazemi for Iraq. We're going to learn more and more about these meetings...Trump wants to see dollar signs...Trump wants the end results to be the black ink. We don't want no red. Trump wants to see dollar signs. This is all about business...Iraq's economy is about to explode nuclear.
8-26-2020 Intel Guru Delta What do you think is the importance of Kurdistan traveling with Kazemi to come to Washington D.C.? That's really significant...this is the first time I see Kurdistan traveling with the official government from central Baghdad...I think this is very huge...it gives you indication that there are unity between them. You know if they're not happy you'll never see them traveling all the way down to the U.S...you know what's going to make them more united right? The new currency...lower denominations...have the Kurdish language on it...that part too is going to unite the whole country...so this is a major and a huge significant part for them to join the government with the negotiation and those contracts with the U.S...
8-26-2020 Newshound/Intel Guru Mnt Goat ...President Trump is mandating that the Iranian militias be disbanded and guns taken away. Folks, this is what we have been waiting for since 2014. This is WOW news. It is about time. But this would not have happened without Trump. So we let this play out and watch the stability come back to Iraq slowly. This will lead to a climate that they can then rebuild the country and their economy.
8-26-2020 Newshound Guru Pimpy A lot of positive energy coming out of Iraq. They seem to be going everywhere and getting things accomplished...ever since our boy Al-Kazemi has gotten into office Iraq has been really really busy... Article" "The disclosure of 5 type of support that Al-Kazemi obtained during his recent visit to Washington" ...They feel they got a lot of respect from Trump and in fact them acknowledging their government is really key to the growth of Iraq...
8-25-2020 Newshound/Intel Guru Petra ...nothing starts until that rate changes. All these plans/projects with the IMF, with the World Bank, with the Arab Monetary Fund, with the United States Treasury, with the Fab 4, nothing starts until that rate changes. So right now it's all talk. We need to see them act...they're meeting with all the right people so that's great progress...they're not discussing peanut butter and jelly sandwiches. They're talking about the future and a rate and programs and those 11 billion dollars in contracts that Kazemi signed over here has got to have performance clauses in it - ie timing. And a rate. The rate has got to be there. It's got to be at an equitable rate...Obviously a lot has gone on behind the scenes that we were not aware of because they've kept it quite. I'm sure there's a lot more stuff we're going to learn about in the next few days that we have no idea that happened...
8-25-2020 Newshound/Intel Guru Mnt Goat I know many of you were very disappointed that the August window did not open up as I expected it might. Trust me I too am VERY disappointed along with you. I was only relaying to you what my contact in the CBI told me they were targeting but could not pull it off as planned. Now that they are closer to January (the most opportune time to reinstate) they are just going to wait and ensure everything is set. This gives them 4 more months. But the news this week was all still very good and Iraq is moving in the right direction.
8-25-2020 Intel Guru Frank26 Kazimi came back to Iraq to a hornet's nest...he found out that there were millions of dollars that were stolen from the CBI auction while he was gone. He found out who did it and arrested hundreds and hundreds of people from the government...IMO you are about to see, maybe because of orders that were given to Kazemi, parliament dissolved...IMO Kazemi has come back with some powerful orders...Kazemi has to clean up and that's what he's doing...a change in the guard is coming in the Middle East and in Iraq...
8-25-2020 Guest Guru claud39 Article: "The Central Bank renews the ISO Quality Management System Certificate in Cash Management" ...I can not wait to see the beginning of the year 2021...try to convince me that they are not going abroad for currency exchange, since 2015 the project has been the total change of their banking system, i.e. financial inclusion, staff training, installation of ATMs, FATF monitoring, and also which is the monetary fund project that by 2030 all countries will do financial inclusion like Iraq is currently doing, etc ...As I mention I am...only someone who shares news about Iraq, and it is the news of what is happening in Iraq that gives us signs of change since the new prime minister...
8-25-2020 Intel Guru Footforward When Iraq did their budget they had said they wanted to come back half way through the year to re-evaluate the budget. Only two reasons to do so in my opinion. RV or a significant jump in oil. They also have educated the citizens for months now. [Guru] Delta himself talked about this months ago. To say they now have to educate the citizens I don't agree with. Part of the reason they are rioting and protesting is because they have been told this change is coming and it hasn't happened yet. Also in my opinion they have to revalue over night. I have a really strong reason for that opinion. Heck even people in the GOI are publicly calling for this now. Maybe [Guru] Delta is right. Maybe they do wait for the new fiscal year. But Kuwait lied before they revalued. History does tend to repeat itself. I don't think they would just give away the time frame so clearly. Just my opinion.
8-25-2020 Intel Guru MarkZ [via PDK] [Is it soup yet?] I believe the soup is in the pot and cooking right now. Still quiet from the banking centers...I spoke with a very good government contact who told me that “this schedule is very much set” and there is a lot of pressure on to be very quiet. At this point I believe the schedule is set and it’s rolling out. ...I believe everything will be in place by Oct 1st. I believe over the next week or two we have to start seeing activity...
8-25-2020 Newshound Guru Pimpy To me the Iraqi dinar and the Vietnam dong are what I call a low risk high reward possibility...I could tell you that I own personally 4 million dinars and about 6 million Vietnam dong. Because what I did is I set a limit for myself...when you tell people that 'Oh you must not have faith in it!' What the hell? Because they think the amount I'm holding is too low. That's not true. I'm just limiting my holding...because this could be a risk. There is nothing out there guaranteeing that a rate change is going to come...Nothing whatsoever...IMPO I think there's a pretty good chance that this is going to happen. I'm not going to sit here and lie to you and blow smoke up your ass and tell you that I Know for sure because nobody knows. I can tell you I've done plenty of research and there's plenty of reason to believe that what happened to the Kuwait dinar will happen to the Iraqi dinar...holding on to Iraqi dinar I think is a smart investment. Don't get carried away and buy a billion, trillion quadrillion dinar. Don't do that. Just hang tight...
8-25-2020 Intel Guru Frank26 ...the treatment that Kazemi received was first class. It was the most respectful...the plan was for Kazemi to meet the Fab 4 in Washington D.C...it was a whole lot more than you can imagine that came with Kazemi. It was a very very large entourage. They had covered many different subjects...but the majority of what they were covering was the currency of their country, their economic growth of their country...notice I didn't say monetary reform. Because that's in the 'white papers' and it is complete. Done. Everything is signed. Iraq needs to announce that they have a new exchange rate...
8-25-2020 Newshound Guru MilitiaMan Article: "A leader in victory talks about the reasons behind Washington's keenness to improve the relationship between Baghdad and Erbil" They have an agreement. They are completing automation at the borders and customs ports. They have not paid salaries yet and the Ministry of Finance has said to not yet, as there is equality issues to deal with. They have the newly updated ISO Certificate. Based on best practices and equality. Don't think for a minute this is not all related to economic reforms being implemented... imo
8-25-2020 Newshound/Intel Guru Mnt Goat I know many of you were very disappointed that the August window did not open up as I expected it might. Trust me I too am VERY disappointed along with you. I was only relaying to you what my contact in the CBI told me they were targeting but could not pull it off as planned. Now that they are closer to January (the most opportune time to reinstate) they are just going to wait and ensure everything is set. This gives them 4 more months. But the news this week was all still very good and Iraq is moving in the right direction.
8-25-2020 Intel Guru Frank26 Kazimi came back to Iraq to a hornet's nest...he found out that there were millions of dollars that were stolen from the CBI auction while he was gone. He found out who did it and arrested hundreds and hundreds of people from the government...IMO you are about to see, maybe because of orders that were given to Kazemi, parliament dissolved...IMO Kazemi has come back with some powerful orders...Kazemi has to clean up and that's what he's doing...a change in the guard is coming in the Middle East and in Iraq...
8-25-2020 Guest Guru claud39 Article: "The Central Bank renews the ISO Quality Management System Certificate in Cash Management" ...I can not wait to see the beginning of the year 2021...try to convince me that they are not going abroad for currency exchange, since 2015 the project has been the total change of their banking system, i.e. financial inclusion, staff training, installation of ATMs, FATF monitoring, and also which is the monetary fund project that by 2030 all countries will do financial inclusion like Iraq is currently doing, etc ...As I mention I am...only someone who shares news about Iraq, and it is the news of what is happening in Iraq that gives us signs of change since the new prime minister...
8-25-2020 Intel Guru Footforward When Iraq did their budget they had said they wanted to come back half way through the year to re-evaluate the budget. Only two reasons to do so in my opinion. RV or a significant jump in oil. They also have educated the citizens for months now. [Guru] Delta himself talked about this months ago. To say they now have to educate the citizens I don't agree with. Part of the reason they are rioting and protesting is because they have been told this change is coming and it hasn't happened yet. Also in my opinion they have to revalue over night. I have a really strong reason for that opinion. Heck even people in the GOI are publicly calling for this now. Maybe [Guru] Delta is right. Maybe they do wait for the new fiscal year. But Kuwait lied before they revalued. History does tend to repeat itself. I don't think they would just give away the time frame so clearly. Just my opinion.
8-25-2020 Intel Guru MarkZ [via PDK] [Is it soup yet?] I believe the soup is in the pot and cooking right now. Still quiet from the banking centers...I spoke with a very good government contact who told me that “this schedule is very much set” and there is a lot of pressure on to be very quiet. At this point I believe the schedule is set and it’s rolling out. ...I believe everything will be in place by Oct 1st. I believe over the next week or two we have to start seeing activity...
8-25-2020 Newshound Guru Pimpy To me the Iraqi dinar and the Vietnam dong are what I call a low risk high reward possibility...I could tell you that I own personally 4 million dinars and about 6 million Vietnam dong. Because what I did is I set a limit for myself...when you tell people that 'Oh you must not have faith in it!' What the hell? Because they think the amount I'm holding is too low. That's not true. I'm just limiting my holding...because this could be a risk. There is nothing out there guaranteeing that a rate change is going to come...Nothing whatsoever...IMPO I think there's a pretty good chance that this is going to happen. I'm not going to sit here and lie to you and blow smoke up your ass and tell you that I Know for sure because nobody knows. I can tell you I've done plenty of research and there's plenty of reason to believe that what happened to the Kuwait dinar will happen to the Iraqi dinar...holding on to Iraqi dinar I think is a smart investment. Don't get carried away and buy a billion, trillion quadrillion dinar. Don't do that. Just hang tight...
8-25-2020 Intel Guru Frank26 ...the treatment that Kazemi received was first class. It was the most respectful...the plan was for Kazemi to meet the Fab 4 in Washington D.C...it was a whole lot more than you can imagine that came with Kazemi. It was a very very large entourage. They had covered many different subjects...but the majority of what they were covering was the currency of their country, their economic growth of their country...notice I didn't say monetary reform. Because that's in the 'white papers' and it is complete. Done. Everything is signed. Iraq needs to announce that they have a new exchange rate...
8-25-2020 Newshound Guru MilitiaMan Article: "A leader in victory talks about the reasons behind Washington's keenness to improve the relationship between Baghdad and Erbil" They have an agreement. They are completing automation at the borders and customs ports. They have not paid salaries yet and the Ministry of Finance has said to not yet, as there is equality issues to deal with. They have the newly updated ISO Certificate. Based on best practices and equality. Don't think for a minute this is not all related to economic reforms being implemented... imo
8-24-2020 Newshound Guru Pimpy You hear these stories that the Iraq investment is a scam. Let me just tell you this, I've done a lot of research. I can tell you that the Iraqi dinar has been used as a tool to commit scams. The Iraqi dinar itself is not a scam. You could purchase it and you can sell it. You can use it if you were in Iraq. So no it's not a scam. If it was a scam you wouldn't be able to use the currency at all...
8-24-2020 Newshound Guru MilitiaMan Article: "The Central Bank renews the ISO Quality Management System Certificate in Cash Management" They are certified again and that will be a leg up going into the new social market economy they are going to... imo.
8-24-2020 Intel Guru MarkZ [via PDK] ...My currency people are now looking at the long Labor Day weekend…So my fingers are crossed for then... Mr. C [Guru Mike Cottrell] still thinks Nov…I think the latest is Oct. 1st but looking for it sooner than that. My opinion is they need us to go in and exchange before Oct. 1st. We all want to wish Okie [Guru OkieOilMan] a big Happy Birthday today!!!
8-24-2020 Newshound Guru Pimpy Iraq was invaded. The value was dropped. Once the invasion was over in 2003 they swapped out the old (Swiss) Iraqi dinars - the ones with Saddam Hussein's face were taken out and the new dinars put in, which are the ones we see now. What everybody's hoping is that when it's time, that they reinstate the rate and the rate at the time was $3.22. That's what a lot of people are hoping will happen again. There are a bunch of different arguments going both ways...on whether this will happen...You should approach knowing...all investments are a risk... [Post 3 of 3]
8-24-2020 Newshound Guru Pimpy Then all of sudden they got invaded. Well they dropped it down to where you could get a million Kuwait dinars (I'm just making this up) for 10 dollars. So they do that on purpose. Then as soon as they got Iraq out of Kuwait and they started getting back on their feet all they did was reinstate the rate so it went right back up to where it was - over $3. So those individuals who happen to be holding onto the Kuwait dinar, some people for some reason somehow knew about it ahead of time...it created some millionaires. So people bought a whole bunch of it, once the rate change happened it created a bunch of millionaires. That's what everybody is basing this whole investment into the Iraqi dinar on. [post 2 of 3....stay tuned]
8-24-2020 Newshound Guru Pimpy We're going to talk about the dinar today because there's a lot of newbies that are interested in it or have invested into into the Iraqi dinar...whenever any country invades another country usually what happens to protect...the wealth of a nation they usually devalue their currency down to damn near nothing - where it's worthless. As soon as everything gets back to normal...the country is no longer being invaded and they're back to where they were, then what they'll do is they'll revalue or reinstate the rate...to give you an example - let's say at the time the Kuwait invasion you were getting 3 American dollars for every 1 Kuwaiti dinar. [post 1 of 3....stay tuned]
8-24-2020 Newshound Guru MilitiaMan Article: "Iraqi-American Partnership .. Foreign Experience and Opportunity for Economic Advancement" Quote: "Iraq possesses raw materials that represent a store of raw materials at the level of the globe, indicating that if the American administration can pressure its companies towards investing these raw materials, whether at the level of gas, oil, phosphates or cement, then Iraq can create resources far from Oil and diversifies its economy." Surely we can get the broader picture and put aside that the negativity of this hasn't RI'd yet, to rest. The process is clearly a massive endeavor and now we see evidence of the deals are going to be in RAW MATERIALS... Some very big companies can be attracted by the USA Administration. Getting so very good...imo ...WE shall see how this unfolds. imo
8-24-2020 Newshound Guru MilitiaMan Article: "The Central Bank renews the ISO Quality Management System Certificate in Cash Management" They are certified again and that will be a leg up going into the new social market economy they are going to... imo.
8-24-2020 Intel Guru MarkZ [via PDK] ...My currency people are now looking at the long Labor Day weekend…So my fingers are crossed for then... Mr. C [Guru Mike Cottrell] still thinks Nov…I think the latest is Oct. 1st but looking for it sooner than that. My opinion is they need us to go in and exchange before Oct. 1st. We all want to wish Okie [Guru OkieOilMan] a big Happy Birthday today!!!
8-24-2020 Newshound Guru Pimpy Iraq was invaded. The value was dropped. Once the invasion was over in 2003 they swapped out the old (Swiss) Iraqi dinars - the ones with Saddam Hussein's face were taken out and the new dinars put in, which are the ones we see now. What everybody's hoping is that when it's time, that they reinstate the rate and the rate at the time was $3.22. That's what a lot of people are hoping will happen again. There are a bunch of different arguments going both ways...on whether this will happen...You should approach knowing...all investments are a risk... [Post 3 of 3]
8-24-2020 Newshound Guru Pimpy Then all of sudden they got invaded. Well they dropped it down to where you could get a million Kuwait dinars (I'm just making this up) for 10 dollars. So they do that on purpose. Then as soon as they got Iraq out of Kuwait and they started getting back on their feet all they did was reinstate the rate so it went right back up to where it was - over $3. So those individuals who happen to be holding onto the Kuwait dinar, some people for some reason somehow knew about it ahead of time...it created some millionaires. So people bought a whole bunch of it, once the rate change happened it created a bunch of millionaires. That's what everybody is basing this whole investment into the Iraqi dinar on. [post 2 of 3....stay tuned]
8-24-2020 Newshound Guru Pimpy We're going to talk about the dinar today because there's a lot of newbies that are interested in it or have invested into into the Iraqi dinar...whenever any country invades another country usually what happens to protect...the wealth of a nation they usually devalue their currency down to damn near nothing - where it's worthless. As soon as everything gets back to normal...the country is no longer being invaded and they're back to where they were, then what they'll do is they'll revalue or reinstate the rate...to give you an example - let's say at the time the Kuwait invasion you were getting 3 American dollars for every 1 Kuwaiti dinar. [post 1 of 3....stay tuned]
8-24-2020 Newshound Guru MilitiaMan Article: "Iraqi-American Partnership .. Foreign Experience and Opportunity for Economic Advancement" Quote: "Iraq possesses raw materials that represent a store of raw materials at the level of the globe, indicating that if the American administration can pressure its companies towards investing these raw materials, whether at the level of gas, oil, phosphates or cement, then Iraq can create resources far from Oil and diversifies its economy." Surely we can get the broader picture and put aside that the negativity of this hasn't RI'd yet, to rest. The process is clearly a massive endeavor and now we see evidence of the deals are going to be in RAW MATERIALS... Some very big companies can be attracted by the USA Administration. Getting so very good...imo ...WE shall see how this unfolds. imo
8-23-2020 Newshound Guru MilitiaMan Article: "The Finance Ministry responds to "shaded information" on customs automation" The transparency that comes with automation is exactly what they need. They have the interests of the region and are in continuous talks with the World Bank. I'll bet that in of it self shows they are about ready to fully complete the what is in the White Papers to usher in the new Market Economy.
8-23-2020 Newshound Guru Pimpy ...Al-Kazemi is the man. He didn't waste no time. He found out exactly what they needed to do. What they needed to get done. Hell the man started getting things done on the way back as well. He did not play around...this man is no joke...He went there [Washington] on a mission and he accomplished a lot IMO...What I don't want to see happen is people get immune to the good news and you become impatient. Everything we're seeing one step at a time seems to be a great step in a positive direction...we are definitely getting there.
8-23-2020 Newshound Guru MilitiaMan Article: "A Project To “Automate” Customs And Ports, In Agreement With A Well-Known Company" The border crossings and customs have been in a work in progress for some time and suggesting now they have completion with electronic system that will not be done by hand where corruption lays! Electronic systems provide transparency and this new PM knows it and with his new deputy in place they’ll make sure the systems work in the citizens best interest...His goal is to secure finances to help pay salaries and bring confidence to his people...The finance minister has not released salaries, yet...My view is there is a reason for that and it is what we are looking for. A change to the way and or amounts that will be paid...A-good sign is pressure is on from the lack of liquidity and payments. The citizens want to get paid...imo.
8-23-2020 Intel Guru RayRen98 I DON'T KNOW WHY...SOME BANKERS ARE EXCITED ABOUT THE END OF "THIS" WEEK...TIME WILL TELL!! [...if the bankers are indicating excitement enough to possibly reach out to their clients, is this behavior coming from more than 1 source or more than 1 bank source? Seems posi+ive towards our goals.] YEP!!
8-23-2020 Intel Guru RayRen98 Weekend UPDATE...SATURDAY - US troops are withdrawing from a base near Baghdad, the base will be turned back over to Iraqi troops on Sunday. A recent audit reveals 11 billion dinar stolen from last Wednesday's currency auction. Al-Kadhimi is at home today. The violence in Basra is lead by Turkish connections. Supposedly, the Sadr group is threatening Al-Kadhimi since his return from Washington.
8-23-2020 Newshound Guru Pimpy ...Al-Kazemi is the man. He didn't waste no time. He found out exactly what they needed to do. What they needed to get done. Hell the man started getting things done on the way back as well. He did not play around...this man is no joke...He went there [Washington] on a mission and he accomplished a lot IMO...What I don't want to see happen is people get immune to the good news and you become impatient. Everything we're seeing one step at a time seems to be a great step in a positive direction...we are definitely getting there.
8-23-2020 Newshound Guru MilitiaMan Article: "A Project To “Automate” Customs And Ports, In Agreement With A Well-Known Company" The border crossings and customs have been in a work in progress for some time and suggesting now they have completion with electronic system that will not be done by hand where corruption lays! Electronic systems provide transparency and this new PM knows it and with his new deputy in place they’ll make sure the systems work in the citizens best interest...His goal is to secure finances to help pay salaries and bring confidence to his people...The finance minister has not released salaries, yet...My view is there is a reason for that and it is what we are looking for. A change to the way and or amounts that will be paid...A-good sign is pressure is on from the lack of liquidity and payments. The citizens want to get paid...imo.
8-23-2020 Intel Guru RayRen98 I DON'T KNOW WHY...SOME BANKERS ARE EXCITED ABOUT THE END OF "THIS" WEEK...TIME WILL TELL!! [...if the bankers are indicating excitement enough to possibly reach out to their clients, is this behavior coming from more than 1 source or more than 1 bank source? Seems posi+ive towards our goals.] YEP!!
8-23-2020 Intel Guru RayRen98 Weekend UPDATE...SATURDAY - US troops are withdrawing from a base near Baghdad, the base will be turned back over to Iraqi troops on Sunday. A recent audit reveals 11 billion dinar stolen from last Wednesday's currency auction. Al-Kadhimi is at home today. The violence in Basra is lead by Turkish connections. Supposedly, the Sadr group is threatening Al-Kadhimi since his return from Washington.
8-22-2020 Newshound Guru Pimpy ...what was going on during Al-Kazemi's visit here. I can tell you this, the man, the entire time kept stressing the importance that the United States recognized the sovereignty of Iraq. He said it several times. He wasn't just asking he was saying that the United States in order for us to move forward and do deals must recognize that everything we do that Iraq is a sovereign state...He very impressive... Article quote "...indicates that the United States supports the current Iraqi government and its national orientations and affirmed that Iraq is an independent country." In other words recognizing their sovereignty. So Nancy Pelosi put it out there...
8-22-2020 Newshound/Intel Guru Mnt Goat Article: "US President Trump meets with Iraq prime minister Al-Kazemi last Thursday. Discussions and agreements went well in all directions." Quote: "A high-ranking official in the US administration in the White House said that our talks with Prime Minister Mustafa Al-Kazemi went well and will help ensure that there is no "malign influence of Iran." US companies to expand into Iraq with billions to help rebuild the war torn country still since 2003." [Everything is on track, momentum is picking up...] ...you are correct...
8-22-2020 Newshound Guru Kaperoni The four contracts that were signed over the past few days with Iraq are a good start to launching investment and ultimately a private sector but it's up to Iraq since they still have laws to pass as well as creating the conditions for more investors to participate.
8-22-2020 Newshound/Intel Guru Mnt Goat Article: "US President Trump meets with Iraq prime minister Al-Kazemi last Thursday. Discussions and agreements went well in all directions." Quote: "A high-ranking official in the US administration in the White House said that our talks with Prime Minister Mustafa Al-Kazemi went well and will help ensure that there is no "malign influence of Iran." US companies to expand into Iraq with billions to help rebuild the war torn country still since 2003." [Everything is on track, momentum is picking up...] ...you are correct...
8-22-2020 Newshound Guru Kaperoni The four contracts that were signed over the past few days with Iraq are a good start to launching investment and ultimately a private sector but it's up to Iraq since they still have laws to pass as well as creating the conditions for more investors to participate.
8-21-2020 ** Dinar Guru CBI Update ** The Central Bank of Iraq's officially reported MARKET rate of the Iraqi dinar is now within tenths of a point from compliance with the IMF 2% rule. It currently stands at 1214.013. The dinar has been out of compliance since April 21, 2020. This is a 20 point shift in the market rate within days. It is unknown if this is a blip in the market rate or an upward trend that will continue. You can always see the latest official CBI market rate for the dinar in the left column of this page. Stay tuned as the guru chime in on this development...the latest guru posts will continue below...
8-21-2020 Trump conference with Prime Minister Kazemi in Washington.
8-21-2020 Newshound Guru Jeff ...Trump made it very clear we are not removing our troops until we've been paid which means theoretically...we're not pulling the troops until Iraq has revalued the currency and it has value because we've already been paid in dinar it just doesn't have value. So until it has value we have not been paid...
8-21-2020 Newshound Guru Pimpy ...it looks to me like they're just getting ready to make a huge move into rebuilding Iraq . There are some things I want to see get done first and it looks like they're heading in some major positive ways...this is a great huge step forward for Iraq...sort term/long term I'm looking for anything that can help the economy grow, anything whatsoever because if their economy grows so does the value of their currency.
8-21-2020 Newshound/Intel Guru Mnt Goat Article: "PRIME MINISTER MUSTAFA AL-KAZEMI WILL MEET WITH U.S. PRESIDENT DONALD TRUMP AT THE WHITE HOUSE" I can assure you that the RV or reinstatement will not happen anytime soon after his visit or return home to Iraq . However, having said this Al-Kazemi is setting the groundwork and establishing relations that will lead to and enable the CBI to conduct the project to delete the zeros, which we all know leads to the reinstatement soon after.
8-21-2020 Intel Guru Bruce [via WiserNow] ...the Iraqi delegation...came in...they had their meeting – we know that they did accomplish some things – I think they did sign off on a few things...So...are we going to see a rate change for Iraq anytime soon? We think they usually do that on a Wednesday or a Saturday...they may do something more internationally on Saturday... I did get from a top banking source – that the switch was pulled at 4PM this afternoon [Thursday]... Does it mean something could happen Saturday? I don’t think we can write that off – even though we usually do talk about next week – and look it could go to that – not saying it won’t...I’m saying one of our sources who gave us previous information said – be aware of the next couple of days and don’t write off the weekend as a possibility...I am going to say we are on a day by day basis... I am excited about where we are...
8-21-2020 Intel Guru RayRen98 Thursday UPDATE... : WASHINGTON IS SUPPOSEDLY REPORTING THAT THIS MORNING MEETINGS HAVE CONCLUDED THAT THE KURDS AND BAGHDAD HAVE COMPLETED THEIR AGREEMENT ON THE MONEY AND THE DISPUTED TERRITORY! PRIME MINISTER AL-KADHIMI ANNOUNCES THAT IRAQ IS OPEN FOR U.S. BUSINESS AND A RAPID EXIT OF MILITARY FORCES OVER A PERIOD OF 3 YEARS. AL-HALBOUSI, SPEAKER OF THE COUNCIL OF REPRESENTATIVES, STATED THAT PARLIAMENT WILL CONVENE SEPTEMBER 3 WITH SEVERAL LAWS BEING ADDRESSED AND THE SURFACING OF THE 2020 BUDGET COMING SOON. US BANKS ARE "REVVING UP" THEIR RESOURCES, SOME PLANNING TO CONTACT CUSTOMERS PRIVATELY.
8-21-2020 Intel Guru Footforward [...I guess this could go on for years...] ...This shouldn't go on for years in my opt...what I see is that Iran's entire network is absolutely being dismantled. That alone is a huge deal and something that shifts things in Iraq and the middle east...And so so so much is coming together right now...Very suddenly the RV will just happen.
8-21-2020 Intel Guru MarkZ [via PDK] I still have bankers waiting for activity over the weekend and waiting for announcements from Iraq.
8-21-2020 Newshound Guru MilitiaMan Article: "The Central Bank directs banks not to disburse salaries without financial approval" They are holding back because they await the White Papers or notification that they can pay everyone equally. That will require the new rate imo. Hence, the meetings in DC are being said to be very successful and whereby international status is front and center. That must have a rate oriented to the deals. The goal is to complete reforms. That requires Article 8. Well who met with Kahdimi yesterday? Yep. The IMF did. Getting good my friends!! ...imo.
8-21-2020 Newshound Guru Jeff ...the definition of sovereignty is a self governing state...right now the U.S. does not govern Iraq. We were coaching Iraq and we have handcuffs on them preventing them from going International but we do not govern them...they manage their own affairs. Right now they're even making international moves again. They're doing their own thing.
8-21-2020 Newshound Guru Pimpy ...it looks to me like they're just getting ready to make a huge move into rebuilding Iraq . There are some things I want to see get done first and it looks like they're heading in some major positive ways...this is a great huge step forward for Iraq...sort term/long term I'm looking for anything that can help the economy grow, anything whatsoever because if their economy grows so does the value of their currency.
8-21-2020 Newshound/Intel Guru Mnt Goat Article: "PRIME MINISTER MUSTAFA AL-KAZEMI WILL MEET WITH U.S. PRESIDENT DONALD TRUMP AT THE WHITE HOUSE" I can assure you that the RV or reinstatement will not happen anytime soon after his visit or return home to Iraq . However, having said this Al-Kazemi is setting the groundwork and establishing relations that will lead to and enable the CBI to conduct the project to delete the zeros, which we all know leads to the reinstatement soon after.
8-21-2020 Intel Guru Bruce [via WiserNow] ...the Iraqi delegation...came in...they had their meeting – we know that they did accomplish some things – I think they did sign off on a few things...So...are we going to see a rate change for Iraq anytime soon? We think they usually do that on a Wednesday or a Saturday...they may do something more internationally on Saturday... I did get from a top banking source – that the switch was pulled at 4PM this afternoon [Thursday]... Does it mean something could happen Saturday? I don’t think we can write that off – even though we usually do talk about next week – and look it could go to that – not saying it won’t...I’m saying one of our sources who gave us previous information said – be aware of the next couple of days and don’t write off the weekend as a possibility...I am going to say we are on a day by day basis... I am excited about where we are...
8-21-2020 Intel Guru RayRen98 Thursday UPDATE... : WASHINGTON IS SUPPOSEDLY REPORTING THAT THIS MORNING MEETINGS HAVE CONCLUDED THAT THE KURDS AND BAGHDAD HAVE COMPLETED THEIR AGREEMENT ON THE MONEY AND THE DISPUTED TERRITORY! PRIME MINISTER AL-KADHIMI ANNOUNCES THAT IRAQ IS OPEN FOR U.S. BUSINESS AND A RAPID EXIT OF MILITARY FORCES OVER A PERIOD OF 3 YEARS. AL-HALBOUSI, SPEAKER OF THE COUNCIL OF REPRESENTATIVES, STATED THAT PARLIAMENT WILL CONVENE SEPTEMBER 3 WITH SEVERAL LAWS BEING ADDRESSED AND THE SURFACING OF THE 2020 BUDGET COMING SOON. US BANKS ARE "REVVING UP" THEIR RESOURCES, SOME PLANNING TO CONTACT CUSTOMERS PRIVATELY.
8-21-2020 Intel Guru Footforward [...I guess this could go on for years...] ...This shouldn't go on for years in my opt...what I see is that Iran's entire network is absolutely being dismantled. That alone is a huge deal and something that shifts things in Iraq and the middle east...And so so so much is coming together right now...Very suddenly the RV will just happen.
8-21-2020 Intel Guru MarkZ [via PDK] I still have bankers waiting for activity over the weekend and waiting for announcements from Iraq.
8-21-2020 Newshound Guru MilitiaMan Article: "The Central Bank directs banks not to disburse salaries without financial approval" They are holding back because they await the White Papers or notification that they can pay everyone equally. That will require the new rate imo. Hence, the meetings in DC are being said to be very successful and whereby international status is front and center. That must have a rate oriented to the deals. The goal is to complete reforms. That requires Article 8. Well who met with Kahdimi yesterday? Yep. The IMF did. Getting good my friends!! ...imo.
8-21-2020 Newshound Guru Jeff ...the definition of sovereignty is a self governing state...right now the U.S. does not govern Iraq. We were coaching Iraq and we have handcuffs on them preventing them from going International but we do not govern them...they manage their own affairs. Right now they're even making international moves again. They're doing their own thing.
8-20-2020 Intel Guru MarkZ [Do you see this going into Sept.] I don’t see it going past this month…based on chatter...
8-20-2020 Newshound Guru Pimpy You've got a guru out there who's saying..they already have their sovereignty. No they don't. They don't. You have to understand first of all sovereignty is - "Supreme power or authority. The authority of a state to govern itself or another state. A self-governing state." Iraq is under the watchful eye of the United Nations. That's why you see articles like this from June 20, 2020. "Iraq is on the path to regain its stolen sovereignty" ...they need restrictions removed off of them so they can start doing business on a more international level...if you don't control your own militia of military you're not very sovereign now are you?
8-20-2020 Newshound/Intel Guru Mnt Goat Article: "WASHINGTON PULLS THE RUG FROM IRAN AND IRAQ IS NEGOTIATING TO EXPLORE FOR OIL" Quote: "...US companies are negotiating with Iraq to explore for oil, including Chevron, General Electric and Honeywell, in a move aimed at reducing Iraq's dependence on Iran." this is all also being discussed this week with Al-Kazemi’s delegation to the US. We are hopeful of good news. So far we are hearing some wonderful news.
8-20-2020 Newshound Guru MilitiaMan Article: "PM meets Trump: What Outcome for Iraqi Economy?" This article is packed with good information. They say the word soon 7 times lol... They are in a hurry...With K in the USA now, there has to be so very important things to get done. I presume both sides are very well prepared to get the right things done and the right way...An equitable situation for both sides, is what I can see as an outcome. The path looks like it is fresh as new asphalt for smooth rolling... imo.
8-20-2020 Newshound Guru Jeff Article: "Good news from Washington regarding the financial dispute between Baghdad and Kurdistan". This is dang good news. This is huge. Boom! Like I told you guys it's all coming in September...this whole thing between Baghdad and Kurdistan completely revolved around money. This is the last layer needed to bring the stability into Iraq for them to change their rate...they have ended their financial disputes...Boom... September is looking amazing...
8-20-2020 Newshound Guru Pimpy ...what's happening is Kazemi was supposed to go back home after he met with Trump this evening except U.S. Representatives have asked him to stay behind. There might be a meeting with Nancy Pelosi. Leave it to those guys to interrupt and interfere with anything positive. I'm sure what they're telling Al-Kazemi is look you better pay attention to what side of this war you want to be on because if we get reelected things could be pretty messy for you. I wouldn't be surprised if she says something like that. Article Quote "the meeting may include Speaker of the House Nancy Pelosi." Anytime they're involved with anything I just don't trust them at all...
8-20-2020 Intel Guru MarkZ [via PDK] ...I am getting very positive chatter out of the banking cities again… We have been looking at today…the 20th for some type of movement. ...banking centers are finally getting excited again... [I am hoping today is our day!!] I am hoping we see it as well…expecting activity this afternoon…we are expecting announcements from the Iraqi contingent that is here is the US later today. ...We will see…I’m hopeful but grounded.
8-20-2020 Newshound Guru Jeff ...today was a great news day...everything that's happened is exactly as I told you which is awesome...Article "KRG Officials Will Accompany Kadhimi On Visit To Washington" ...since the weekend Kurdistan and Baghdad have been reaching partial agreement so far. Here's more proof because Kurdistan accompanied Kazemi on his visit to Washington which is awesome...They're not telling you everything. They're hiding a lot from you...I firmly believe they're much farther along than what they're telling us. They can't tell us everything...they have to be careful how much information they release to inform us as the investors...I believe Kurdistan and Baghdad most likely already have that agreement in place because otherwise they would not be making the move you're seeing...the end of September is red hot...
8-20-2020 Newshound Guru Pimpy ...I told you the information would be coming fast and furious and it was my belief that when Al-Kazemi came to visit you would see a lot of agreements. You know Trump he's always thinking business...sure enough there are tons of Memorandums of Understanding which is good because we want these outside companies to come into Iraq and start bringing new business in there...invest in Iraq is what we're looking for...
8-20-2020 Newshound Guru Jeff Steve Mnuchin tweeted - "Good meeting with Iraqi Prime Minister Al-Kadhimi. We discussed the US-Iraq Strategic Dialogue and efforts to secure a more stable and prosperous future for Iraq." What did I tell you... these meeting were post rate change. That's the future. They're telling you stable and prosperous future. Even they're telling you future. Boom there you go! Boom! Boom! Boom! Stable and prosperous future for Iraq. Steve Mnuchin confirmed exactly what I told you...this meeting confirms to us that Iraq has met all their benchmarks to be able to change that rate...
8-20-2020 Intel Guru MarkZ ]via PDK] [How many bank accounts can we open at our exchange] I am told that at our exchange they will open one account as a clearing account…then they will direct you to a private banker…At the actual exchange they just want to get it in, make sure you are not a terrorist and move on…at the second apt you can open as many accounts as you want and move funds around…that is how I was told it would work...[How will the 800 number work?] I am told we will get an email or a link to click, we will put in where we are at and that will generate a 800 number based on where you are at. This makes sense…if there was just one number it could overload the system as we all tried to call it.
8-20-2020 Newshound Guru Pimpy You've got a guru out there who's saying..they already have their sovereignty. No they don't. They don't. You have to understand first of all sovereignty is - "Supreme power or authority. The authority of a state to govern itself or another state. A self-governing state." Iraq is under the watchful eye of the United Nations. That's why you see articles like this from June 20, 2020. "Iraq is on the path to regain its stolen sovereignty" ...they need restrictions removed off of them so they can start doing business on a more international level...if you don't control your own militia of military you're not very sovereign now are you?
8-20-2020 Newshound/Intel Guru Mnt Goat Article: "WASHINGTON PULLS THE RUG FROM IRAN AND IRAQ IS NEGOTIATING TO EXPLORE FOR OIL" Quote: "...US companies are negotiating with Iraq to explore for oil, including Chevron, General Electric and Honeywell, in a move aimed at reducing Iraq's dependence on Iran." this is all also being discussed this week with Al-Kazemi’s delegation to the US. We are hopeful of good news. So far we are hearing some wonderful news.
8-20-2020 Newshound Guru MilitiaMan Article: "PM meets Trump: What Outcome for Iraqi Economy?" This article is packed with good information. They say the word soon 7 times lol... They are in a hurry...With K in the USA now, there has to be so very important things to get done. I presume both sides are very well prepared to get the right things done and the right way...An equitable situation for both sides, is what I can see as an outcome. The path looks like it is fresh as new asphalt for smooth rolling... imo.
8-20-2020 Newshound Guru Jeff Article: "Good news from Washington regarding the financial dispute between Baghdad and Kurdistan". This is dang good news. This is huge. Boom! Like I told you guys it's all coming in September...this whole thing between Baghdad and Kurdistan completely revolved around money. This is the last layer needed to bring the stability into Iraq for them to change their rate...they have ended their financial disputes...Boom... September is looking amazing...
8-20-2020 Newshound Guru Pimpy ...what's happening is Kazemi was supposed to go back home after he met with Trump this evening except U.S. Representatives have asked him to stay behind. There might be a meeting with Nancy Pelosi. Leave it to those guys to interrupt and interfere with anything positive. I'm sure what they're telling Al-Kazemi is look you better pay attention to what side of this war you want to be on because if we get reelected things could be pretty messy for you. I wouldn't be surprised if she says something like that. Article Quote "the meeting may include Speaker of the House Nancy Pelosi." Anytime they're involved with anything I just don't trust them at all...
8-20-2020 Intel Guru MarkZ [via PDK] ...I am getting very positive chatter out of the banking cities again… We have been looking at today…the 20th for some type of movement. ...banking centers are finally getting excited again... [I am hoping today is our day!!] I am hoping we see it as well…expecting activity this afternoon…we are expecting announcements from the Iraqi contingent that is here is the US later today. ...We will see…I’m hopeful but grounded.
8-20-2020 Newshound Guru Jeff ...today was a great news day...everything that's happened is exactly as I told you which is awesome...Article "KRG Officials Will Accompany Kadhimi On Visit To Washington" ...since the weekend Kurdistan and Baghdad have been reaching partial agreement so far. Here's more proof because Kurdistan accompanied Kazemi on his visit to Washington which is awesome...They're not telling you everything. They're hiding a lot from you...I firmly believe they're much farther along than what they're telling us. They can't tell us everything...they have to be careful how much information they release to inform us as the investors...I believe Kurdistan and Baghdad most likely already have that agreement in place because otherwise they would not be making the move you're seeing...the end of September is red hot...
8-20-2020 Newshound Guru Pimpy ...I told you the information would be coming fast and furious and it was my belief that when Al-Kazemi came to visit you would see a lot of agreements. You know Trump he's always thinking business...sure enough there are tons of Memorandums of Understanding which is good because we want these outside companies to come into Iraq and start bringing new business in there...invest in Iraq is what we're looking for...
8-20-2020 Newshound Guru Jeff Steve Mnuchin tweeted - "Good meeting with Iraqi Prime Minister Al-Kadhimi. We discussed the US-Iraq Strategic Dialogue and efforts to secure a more stable and prosperous future for Iraq." What did I tell you... these meeting were post rate change. That's the future. They're telling you stable and prosperous future. Even they're telling you future. Boom there you go! Boom! Boom! Boom! Stable and prosperous future for Iraq. Steve Mnuchin confirmed exactly what I told you...this meeting confirms to us that Iraq has met all their benchmarks to be able to change that rate...
8-20-2020 Intel Guru MarkZ ]via PDK] [How many bank accounts can we open at our exchange] I am told that at our exchange they will open one account as a clearing account…then they will direct you to a private banker…At the actual exchange they just want to get it in, make sure you are not a terrorist and move on…at the second apt you can open as many accounts as you want and move funds around…that is how I was told it would work...[How will the 800 number work?] I am told we will get an email or a link to click, we will put in where we are at and that will generate a 800 number based on where you are at. This makes sense…if there was just one number it could overload the system as we all tried to call it.
8-19-2020 Newshound Guru Pimpy ...I was listening to the press conference with Mike Pompeo and the Minister of Finance Allawi. They basically covered what we already knew...but Pomepo said something that caught my attention and you can take what you want from it. He said, 'we look forward to the day when Iraq can help themselves.' ...I'm not sure if that's a reflection of whether or not they get their sovereignty reinstate. All I know is I was listening to it and...I was looking for hints, something that says that Iraq will indeed have their sovereignty reinstated. I just didn't see anything really in that particular press conference...hopefully we'll get clarity when Al-Kazemi get here. If they don't reinstate their sovereignty, I'm not saying they won't, but if they don't reinstate it, I hope at least we get a clear path, some type of checkoff list, something that tells us what we could watch for in order to see whether or not Iraq is anywhere near getting getting their sovereignty recognized...
8-19-2020 Intel Guru Bruce [via WiserNow] ...we’ve got some really good things that have come in...Iraq’s delegation...which we believe has al-Kazemi – Alack – Shabibi – others...arrived...(Monday) and...supposedly we are to hear from that group – to talk about their sovereignty...possibly talk about sanctions that have come off...and that is supposed to be on the 20th...it could be sooner...but it could be on Thursday so that is big...Now...we understand – from one of our high up...bank...sources that Iraq should have a new rate tomorrow [Wednesday]...I don’t know how public it’s going to be...Wednesday is an official publication day/Gazette day...Maybe something will be said in the Gazette about that...but it may mean that Iraq comes to the announcement portion of what they are supposed to do with President Trump...The other thing we are getting from a Treasury source is...we should have money in our hands either by Thursday or by Friday...We could start anytime... based on the information...we could get notified and start our exchanges Wed/Thurs/Fri of this week...I think we’re in good shape...for it to happen...so I am very excited about where we are...
8-19-2020 Intel Guru Frank26 ...There are these money transfer companies that are involved with these banks [CBI "satellite" banks in the U.S.] that we've been telling you about. This transfer company...its parent company is on the Iraqi Stock Exchange. I'm just going to give it to you and you take it and do with it what you want. Altaif Sama ...many of their outlets are spread out across the United States of America. They are banking and transfer companies...this company is not just for Iraq banks. They do work around the world too. Many of them are in the state of Michigan...the ultimate goal is to collect the three zeros and that's what they're trying to do. They are well prepared for it...
8-19-2020 Intel Guru MarkZ [via PDK] ...Mr. C [Guru Mike Cottrell] thinks November, Mt. goat says January, I have one great Iraq contact who thinks is tomorrow... I still have a ministry group who is looking for tomorrow to be a big day…..the Iraqi contingent is here now so there is a lot of chatter about the possibility of tomorrow. I hope that is correct. We still have Japanese and Australia sources looking squarely at October 1st. The banking centers have been gagged…and that is probably a good thing…noone there is talking. I am looking for today and tomorrow being big days. Hopefully we will get some news…
8-19-2020 Newshound Guru Jeff ...this quarter is red hot. Hotter than we've ever seen. September is on fire. September is about ready to explode... Kazemi coming to Washington...this meeting has nothing to do with the rate change. Nothing at all...This is a post rate change meeting...I feel they're able to have this meeting and are having this meeting because I feel that Kazemi has met all of his benchmarks with everything he needed to do to be able to change the rates. I feel that everything needed to change the rate is done. And when I say done I'm also talking about the differences between Kurdistan and Baghdad. I feel that agreement has already been reaching in the background...I feel everything is done in the background...
8-19-2020 Newshound Guru Adam Montana ...there's some understandable excitement about our man Kazzammie coming to America. Meeting with President Trump. Tomorrow. In my opinion, this does not mean "RV by Friday". Iraq does not need "Trump's approval". That's not what is going on here. Whether you like Trump or not, you probably (at least) acknowledge that he has his fingers in a LOT of pies...and you can bet your sweet apples that he has the means, ability, and likely desire to help Iraq move forward. A Kazzammie-Trump meeting is not a small thing. It's quite likely the opposite, and this might be the last time they meet before we see a surge in the price of Dinar...tomorrow could be exciting, especially if anyone even mentions "HCL". We will see! Go Kazzammie. Go Trump. Go HCL. Go Iraq. And GOOOO RRRRVVVVVVVV!!!
8-19-2020 Newshound/Intel Guru Petra ...I just don't think Donald Trump would take the time of day as busy as he is if there wasn't something pertinent to discuss that would have an impact on the economy of the United States. He's a very strategic business man. He expects action. He expects movement...everything that we read suggests sooner rather than later...Donald Trump is not going to waste his time. He's gonna want to know everything is done that they said they were going to do...IMO it's not going to be delayed another 30 days. It's going to move now. Now. The eye of the storm is now...
8-19-2020 Intel Guru Frank26 ...the [CBI connected "satellite] banks established in the United States of America are already open. Oh, snap. The banks that we were talking about that would be helping anyone from the Middle East that live in the United States of America these banks are there for them. And for American citizens too...of all the 48 states...which state do you think has a lot of these Middle Easterners that some 17 years ago they fled Saddam? They fled the Middle East. They went all over the place. Canada. Switzerland. The Untied States. Of our 48 continental states, which state do you think has the most Middle Easterners...? ...Michigan. And it's more than one bank up in Michigan by the way. I can tell you one of them is on XXXXXX St [in Dearborn Michigan]...please don't be silly. Don't try to call this bank and ask them "When's the value going to go up?" Really? Only a child will do something like that. Please leave this bank alone... When did these banks open? IMO it's when they became article VIII...
8-19-2020 Intel Guru Bruce [via WiserNow] ...we’ve got some really good things that have come in...Iraq’s delegation...which we believe has al-Kazemi – Alack – Shabibi – others...arrived...(Monday) and...supposedly we are to hear from that group – to talk about their sovereignty...possibly talk about sanctions that have come off...and that is supposed to be on the 20th...it could be sooner...but it could be on Thursday so that is big...Now...we understand – from one of our high up...bank...sources that Iraq should have a new rate tomorrow [Wednesday]...I don’t know how public it’s going to be...Wednesday is an official publication day/Gazette day...Maybe something will be said in the Gazette about that...but it may mean that Iraq comes to the announcement portion of what they are supposed to do with President Trump...The other thing we are getting from a Treasury source is...we should have money in our hands either by Thursday or by Friday...We could start anytime... based on the information...we could get notified and start our exchanges Wed/Thurs/Fri of this week...I think we’re in good shape...for it to happen...so I am very excited about where we are...
8-19-2020 Intel Guru Frank26 ...There are these money transfer companies that are involved with these banks [CBI "satellite" banks in the U.S.] that we've been telling you about. This transfer company...its parent company is on the Iraqi Stock Exchange. I'm just going to give it to you and you take it and do with it what you want. Altaif Sama ...many of their outlets are spread out across the United States of America. They are banking and transfer companies...this company is not just for Iraq banks. They do work around the world too. Many of them are in the state of Michigan...the ultimate goal is to collect the three zeros and that's what they're trying to do. They are well prepared for it...
8-19-2020 Intel Guru MarkZ [via PDK] ...Mr. C [Guru Mike Cottrell] thinks November, Mt. goat says January, I have one great Iraq contact who thinks is tomorrow... I still have a ministry group who is looking for tomorrow to be a big day…..the Iraqi contingent is here now so there is a lot of chatter about the possibility of tomorrow. I hope that is correct. We still have Japanese and Australia sources looking squarely at October 1st. The banking centers have been gagged…and that is probably a good thing…noone there is talking. I am looking for today and tomorrow being big days. Hopefully we will get some news…
8-19-2020 Newshound Guru Jeff ...this quarter is red hot. Hotter than we've ever seen. September is on fire. September is about ready to explode... Kazemi coming to Washington...this meeting has nothing to do with the rate change. Nothing at all...This is a post rate change meeting...I feel they're able to have this meeting and are having this meeting because I feel that Kazemi has met all of his benchmarks with everything he needed to do to be able to change the rates. I feel that everything needed to change the rate is done. And when I say done I'm also talking about the differences between Kurdistan and Baghdad. I feel that agreement has already been reaching in the background...I feel everything is done in the background...
8-19-2020 Newshound Guru Adam Montana ...there's some understandable excitement about our man Kazzammie coming to America. Meeting with President Trump. Tomorrow. In my opinion, this does not mean "RV by Friday". Iraq does not need "Trump's approval". That's not what is going on here. Whether you like Trump or not, you probably (at least) acknowledge that he has his fingers in a LOT of pies...and you can bet your sweet apples that he has the means, ability, and likely desire to help Iraq move forward. A Kazzammie-Trump meeting is not a small thing. It's quite likely the opposite, and this might be the last time they meet before we see a surge in the price of Dinar...tomorrow could be exciting, especially if anyone even mentions "HCL". We will see! Go Kazzammie. Go Trump. Go HCL. Go Iraq. And GOOOO RRRRVVVVVVVV!!!
8-19-2020 Newshound/Intel Guru Petra ...I just don't think Donald Trump would take the time of day as busy as he is if there wasn't something pertinent to discuss that would have an impact on the economy of the United States. He's a very strategic business man. He expects action. He expects movement...everything that we read suggests sooner rather than later...Donald Trump is not going to waste his time. He's gonna want to know everything is done that they said they were going to do...IMO it's not going to be delayed another 30 days. It's going to move now. Now. The eye of the storm is now...
8-19-2020 Intel Guru Frank26 ...the [CBI connected "satellite] banks established in the United States of America are already open. Oh, snap. The banks that we were talking about that would be helping anyone from the Middle East that live in the United States of America these banks are there for them. And for American citizens too...of all the 48 states...which state do you think has a lot of these Middle Easterners that some 17 years ago they fled Saddam? They fled the Middle East. They went all over the place. Canada. Switzerland. The Untied States. Of our 48 continental states, which state do you think has the most Middle Easterners...? ...Michigan. And it's more than one bank up in Michigan by the way. I can tell you one of them is on XXXXXX St [in Dearborn Michigan]...please don't be silly. Don't try to call this bank and ask them "When's the value going to go up?" Really? Only a child will do something like that. Please leave this bank alone... When did these banks open? IMO it's when they became article VIII...
8-18-2020 Newshound Guru Pimpy ...just because they get their sovereignty recognized and if they get the restrictions removed that does not mean here in the United Stated our banks are going to accept them right away. Hang tight. Nor does that mean you're going to see an instantaneous rate change. But what I think that is, is the first step forward in a positive direction but then shortly after that I hope to see a rate change announcement. That's what I'm looking forward to now.
8-18-2020 Newshound/Intel Guru Mnt Goat ...the CBI has not even given any indication that they have set a time period as a target to complete or begin the project to delete the zeros...I can tell you right now, without any reservation, that you will not see a reinstatement until early January 2021 at the earliest. I only hope we don’t have to go yet another year after that even...January is the best time to reinstate the dinar. This is the beginning of the Iraqi fiscal year and so for accounting purposes it makes total sense...I expect some actions from the CBI late this fall concerning the project to delete the zeros, but only if they decide to go in January with the reinstatement. This will be our indicator of intent. Get it? No secrets here. They MUST tell the citizens of Iraq what they intend to do and can’t hide this...
8-18-2020 Intel Guru Delta ...In my personal opinion we might not see nothing until he [Kazemi] comes back from the U.S. and then we are probably going to hear from the Central Bank of Iraq...the Central Bank of Iraq is preparing to show their hands...the most important question is the time frame...we know the CBI is ready but the million dollar question is the time frame...
8-18-2020 Newshound/Intel Guru Petra ...I think they all know what's coming. We all know what's coming. It's here. We're just going through the process to get us to that point. Whether it's before, during or right after [Kazemi's trip to Washington]. I'm of the option that they've got to do it before but that's me. I could be wrong for sure. I foresee Kazemi going back to his country with a new rate with all this business that has been committed by our president between Iraq and the U.S. which they've commented on in many articles that he will come back with his head held high, with a sovereign country, with a new currency, and a huge amount of business committed to by our government. That is what I imagine is going to come...
8-18-2020 Intel Guru Footforward The Iraqi PM will likely be in Iraq when they RV. I'm hoping they announce a peace deal and a trade deal with Israel and the US... [why do you think he will be in Iraq when it happens?] pride. This has been a long time coming. He has beaten back Iran and there is alot of pride in this moment Of bringing the RV. Because it changes Iraq's status greatly.
8-18-2020 Intel Guru MarkZ [via PDK] ...I was hoping banking centers would give us more news yesterday but they are still being very tight-lipped. I take that as an excellent sign. ...The reality is we are going to see this reset sooner rather than later…it has become an inevitability…the cans to big-they cannot kick it.
8-18-2020 Newshound Guru Jeff Article: "Foreign Ministry: Positive expectations that Iraq will exit from the list of high-risk countries during the current year" They're talking about removing Iraq from the list of high-risk countries... thought or felt to support terrorism...that's called the OFAC list. Because Iraq's on that list within the U.S. the big banks do not exchange Iraq's currency.
8-18-2020 Guest Guru Austin-Powers-For-PM ...A "Sovereign Iraqi State" won't excite the media by itself. I think it's a combination of a Peace Deal, trade agreement, Sovereignty announcement, and support for Iraq "Internal Financial Reforms." RV happens shortly thereafter. What "Shortly" is will be quite variable. IMO sometime between August 20th and January 1st. But just IMO. But it will have to be epic to suck up all the MSM attention, so I wouldn't be surprised if Al-Kazemi made some sort of announcement standing next to the President. But we shall see. Something is going to happen Thursday evening. [post 2 of 2]
8-18-2020 Guest Guru Austin-Powers-For-PM So let's think this through for a minute. It's no accident that Trump chose August 20th for the day he is meeting PM Al-Kazemi. What else is happening that has been scheduled for awhile? Yep that's correct, Joe Biden accepting the Dems nomination. What does Trump want to do most of all? He wants to suck the oxygen out of the news cycle and make Biden's acceptance speech a non-event. How does he do that? He makes a BOMBSHELL announcement shortly before Biden takes the proverbial stage. Who will be with him at that time? Yep, PM Al-Kazemi. What will this BOMBSHELL announce be? It could be a whole lot of things. Iraq, Kuwait, and S.A. recognizing Israel? Massive trade deal with Iraq? Anything else? [post 1 of 2....stay tuned]
8-18-2020 Newshound Guru Pimpy Article: "Foreign Ministry: Positive expectations that Iraq will exit from the list of high-risk countries during the current year" What are the odds of that? This is big. I think what would kick-start this is an announcement by Trump for the international community to once again recognize the sovereignty of Iraq. I think more now than ever before you could see this stage is being set for the Iraqi dinar rate change to finally change....
8-18-2020 Newshound/Intel Guru Mnt Goat ...the CBI has not even given any indication that they have set a time period as a target to complete or begin the project to delete the zeros...I can tell you right now, without any reservation, that you will not see a reinstatement until early January 2021 at the earliest. I only hope we don’t have to go yet another year after that even...January is the best time to reinstate the dinar. This is the beginning of the Iraqi fiscal year and so for accounting purposes it makes total sense...I expect some actions from the CBI late this fall concerning the project to delete the zeros, but only if they decide to go in January with the reinstatement. This will be our indicator of intent. Get it? No secrets here. They MUST tell the citizens of Iraq what they intend to do and can’t hide this...
8-18-2020 Intel Guru Delta ...In my personal opinion we might not see nothing until he [Kazemi] comes back from the U.S. and then we are probably going to hear from the Central Bank of Iraq...the Central Bank of Iraq is preparing to show their hands...the most important question is the time frame...we know the CBI is ready but the million dollar question is the time frame...
8-18-2020 Newshound/Intel Guru Petra ...I think they all know what's coming. We all know what's coming. It's here. We're just going through the process to get us to that point. Whether it's before, during or right after [Kazemi's trip to Washington]. I'm of the option that they've got to do it before but that's me. I could be wrong for sure. I foresee Kazemi going back to his country with a new rate with all this business that has been committed by our president between Iraq and the U.S. which they've commented on in many articles that he will come back with his head held high, with a sovereign country, with a new currency, and a huge amount of business committed to by our government. That is what I imagine is going to come...
8-18-2020 Intel Guru Footforward The Iraqi PM will likely be in Iraq when they RV. I'm hoping they announce a peace deal and a trade deal with Israel and the US... [why do you think he will be in Iraq when it happens?] pride. This has been a long time coming. He has beaten back Iran and there is alot of pride in this moment Of bringing the RV. Because it changes Iraq's status greatly.
8-18-2020 Intel Guru MarkZ [via PDK] ...I was hoping banking centers would give us more news yesterday but they are still being very tight-lipped. I take that as an excellent sign. ...The reality is we are going to see this reset sooner rather than later…it has become an inevitability…the cans to big-they cannot kick it.
8-18-2020 Newshound Guru Jeff Article: "Foreign Ministry: Positive expectations that Iraq will exit from the list of high-risk countries during the current year" They're talking about removing Iraq from the list of high-risk countries... thought or felt to support terrorism...that's called the OFAC list. Because Iraq's on that list within the U.S. the big banks do not exchange Iraq's currency.
8-18-2020 Guest Guru Austin-Powers-For-PM ...A "Sovereign Iraqi State" won't excite the media by itself. I think it's a combination of a Peace Deal, trade agreement, Sovereignty announcement, and support for Iraq "Internal Financial Reforms." RV happens shortly thereafter. What "Shortly" is will be quite variable. IMO sometime between August 20th and January 1st. But just IMO. But it will have to be epic to suck up all the MSM attention, so I wouldn't be surprised if Al-Kazemi made some sort of announcement standing next to the President. But we shall see. Something is going to happen Thursday evening. [post 2 of 2]
8-18-2020 Guest Guru Austin-Powers-For-PM So let's think this through for a minute. It's no accident that Trump chose August 20th for the day he is meeting PM Al-Kazemi. What else is happening that has been scheduled for awhile? Yep that's correct, Joe Biden accepting the Dems nomination. What does Trump want to do most of all? He wants to suck the oxygen out of the news cycle and make Biden's acceptance speech a non-event. How does he do that? He makes a BOMBSHELL announcement shortly before Biden takes the proverbial stage. Who will be with him at that time? Yep, PM Al-Kazemi. What will this BOMBSHELL announce be? It could be a whole lot of things. Iraq, Kuwait, and S.A. recognizing Israel? Massive trade deal with Iraq? Anything else? [post 1 of 2....stay tuned]
8-18-2020 Newshound Guru Pimpy Article: "Foreign Ministry: Positive expectations that Iraq will exit from the list of high-risk countries during the current year" What are the odds of that? This is big. I think what would kick-start this is an announcement by Trump for the international community to once again recognize the sovereignty of Iraq. I think more now than ever before you could see this stage is being set for the Iraqi dinar rate change to finally change....
8-17-2020 Intel/Newshound Guru Frank26 ...It seems to me somehow or another something has been set into motion. Something has been launched. It seems to me we are in the eye of the monetary reform storm because yesterday something huge happened. Today we're seeing what happened yesterday and today we're seeing what going to happen tomorrow and the next day and up to the 21st. We are in the eye of the monetary reform storm...
8-17-2020 Newshound Guru Jeff ...the end of September is red hot...because 10-1 is the second half of their fiscal year...as they have told you they will not be borrowing any more money. They only borrowed salary money up until August. They have not even borrowed money for September. Again the end of September is red hot...
8-17-2020 Intel Guru MarkZ [via PDK] There is a massive amount of dis-information being out on the RV front right now...stunning as they try to keep us in the dark, and cover us with smoke…don’t let it drive you nuts guys…
8-17-2020 Newshound Guru Pimpy ...once the restrictions are removed off of the currency and they are allowed to once again trade on the Forex that is going to cause a rush of people running over as speculators will now have access to the Iraqi dinar. Which is good for us because it will cause the exchange rate to go up. In addition to that, if the restrictions are removed then once again our banks should be able to buy and sell Iraqi dinar. This is good... [Post 2 of 2]
8-17-2020 Newshound Guru Pimpy ...we were saying Al-Kazemi was coming on the 20th. Nope! My man will be here tomorrow and I believe he's supposed to be here for four days...if Iraq gets their sovereignty that would be a huge step towards us wanting to get that rate change...I want to make something perfectly clear. Although to me it makes sense to do it at the same time, that does not mean their rate will have changed once the sovereignty has been restored. We need the restrictions removed off it. We need an announcement and then we should see shortly after that some type of announcement on the exchange rate... [Post 1 of 2....stay tuned]
8-17-2020 Newshound/Intel Guru David M. Witty Next round of US-Iraq strategic dialogue to begin evening of 18 AUG in Washington. Iraqi delegation includes PM & Defense, Foreign, Oil, Immigration, Oil & Electricity Ministers. PM Kadhimi to meet with US President on 19 AUG in White House.
8-17-2020 Intel Guru MarkZ [via PDK] ...so much is happening right now… This should be a big week. We have the Iraqi delegation arriving tomorrow for meetings on the 20th. [Most resets happen in October.] I am looking for one sooner than that. I think they may be stalling until later in this week or early next week. Just my guess because of what little happened in the banking world last weekend...everything is in place…..we just need somebody to pull the dang trigger.
8-17-2020 Newshound Guru Pimpy ...some of the delegation has already parted ways heading over to Washington ahead of Al-Kazemi's visit...some people are saying that this visit is going to be the reset of the IQD. Careful with those types of things...It would be nice if they obviously did the rate change but there's no evidence out there that this is gonna happen. Not that I can find...what I think would be a huge step towards accomplishing our goal is once Al-Kazemi is there we get the Iraqi sovereignty reinstated. Just having it reinstated of course then they're gonna have to remove the restrictions off the currency. In order for you to be a sovereign nation you have to have an international currency...
8-17-2020 Newshound Guru MilitiaMan Article: "A deputy denies the cancellation of the Kurdish delegation's visit to Baghdad and confirms: A comprehensive agreement will be signed during the coming period" Quote: "...the agreement is still in place, and there are some observations from the federal government and the conditions and work is underway to reform them, stressing that in the end an understanding will be made and a comprehensive agreement signed during the coming period." Interesting that they do talk about this today. So many things in motion that imo they had to! The agreement they have is still in effect. Thus, today is effective... Let that one simmer in the pot a few moments... They have a deal on the oil... imo.. That means they have an expectation of what is in the White Papers... Kahdimi and Allawi are holding close to their chest. Why? We all know why.. imo ~ RATE, comes to mind imo...
8-17-2020 Newshound Guru Jeff ...the end of September is red hot...because 10-1 is the second half of their fiscal year...as they have told you they will not be borrowing any more money. They only borrowed salary money up until August. They have not even borrowed money for September. Again the end of September is red hot...
8-17-2020 Intel Guru MarkZ [via PDK] There is a massive amount of dis-information being out on the RV front right now...stunning as they try to keep us in the dark, and cover us with smoke…don’t let it drive you nuts guys…
8-17-2020 Newshound Guru Pimpy ...once the restrictions are removed off of the currency and they are allowed to once again trade on the Forex that is going to cause a rush of people running over as speculators will now have access to the Iraqi dinar. Which is good for us because it will cause the exchange rate to go up. In addition to that, if the restrictions are removed then once again our banks should be able to buy and sell Iraqi dinar. This is good... [Post 2 of 2]
8-17-2020 Newshound Guru Pimpy ...we were saying Al-Kazemi was coming on the 20th. Nope! My man will be here tomorrow and I believe he's supposed to be here for four days...if Iraq gets their sovereignty that would be a huge step towards us wanting to get that rate change...I want to make something perfectly clear. Although to me it makes sense to do it at the same time, that does not mean their rate will have changed once the sovereignty has been restored. We need the restrictions removed off it. We need an announcement and then we should see shortly after that some type of announcement on the exchange rate... [Post 1 of 2....stay tuned]
8-17-2020 Newshound/Intel Guru David M. Witty Next round of US-Iraq strategic dialogue to begin evening of 18 AUG in Washington. Iraqi delegation includes PM & Defense, Foreign, Oil, Immigration, Oil & Electricity Ministers. PM Kadhimi to meet with US President on 19 AUG in White House.
8-17-2020 Intel Guru MarkZ [via PDK] ...so much is happening right now… This should be a big week. We have the Iraqi delegation arriving tomorrow for meetings on the 20th. [Most resets happen in October.] I am looking for one sooner than that. I think they may be stalling until later in this week or early next week. Just my guess because of what little happened in the banking world last weekend...everything is in place…..we just need somebody to pull the dang trigger.
8-17-2020 Newshound Guru Pimpy ...some of the delegation has already parted ways heading over to Washington ahead of Al-Kazemi's visit...some people are saying that this visit is going to be the reset of the IQD. Careful with those types of things...It would be nice if they obviously did the rate change but there's no evidence out there that this is gonna happen. Not that I can find...what I think would be a huge step towards accomplishing our goal is once Al-Kazemi is there we get the Iraqi sovereignty reinstated. Just having it reinstated of course then they're gonna have to remove the restrictions off the currency. In order for you to be a sovereign nation you have to have an international currency...
8-17-2020 Newshound Guru MilitiaMan Article: "A deputy denies the cancellation of the Kurdish delegation's visit to Baghdad and confirms: A comprehensive agreement will be signed during the coming period" Quote: "...the agreement is still in place, and there are some observations from the federal government and the conditions and work is underway to reform them, stressing that in the end an understanding will be made and a comprehensive agreement signed during the coming period." Interesting that they do talk about this today. So many things in motion that imo they had to! The agreement they have is still in effect. Thus, today is effective... Let that one simmer in the pot a few moments... They have a deal on the oil... imo.. That means they have an expectation of what is in the White Papers... Kahdimi and Allawi are holding close to their chest. Why? We all know why.. imo ~ RATE, comes to mind imo...
8-16-2020 Newshound Guru Pimpy ...Looks like we are back on the right track especially with Al-Kazemi coming here for the first time in about a week. I'm expecting some decent news. We really do want Iraq to have their sovereignty reinstated. We really want the restrictions removed off the currency and when this happens they most likely could put together an actual budget. One has not been passed but it could be because it's kind of hard to put a budget together if you're not sure about the value of your currency. So let's keep our fingers crossed that we hear some good news...I want to hear the thumbs up from the United Nations...before Al-Kazemi gets here. That's what we are watching for...
8-16-2020 Newshound Guru MilitiaMan Article: "Representative economy: activating the law of partnership with the private sector and investment soon" Quote: "...the committee is in the process of activating the partnership law with the private sector and the investment law in the near future, as well as activating the mineral investment law...the amended Iraqi investment law is one of the best laws in the region..." They are telling us they have activation and revitalization on the mind. They need investors to help activation of industry, agriculture, minerals, etc... For them to activate and to revitalize, they need a new international exchange rate. ...they tell us the laws will be the best in the region. That is important to the investors!! Very important!!... Good stuff...
8-16-2020 Newshound Guru Breitling ...A lot of people are skeptical about what I just said [Posts over last few days] and I teach this stuff. This is what I do. This last course I gave here in Phoenix people are like 'okay, that doesn't sound...[Like what we're seeing on TV]'...I tell everyone I couldn't be happier. I could not be happier. It's completely opposite out there. "We're watching riots..." That's because they're at their death throes. It's because it's almost over and they know it. ...we could not be in a better position. So don't worry about that. With Iraqi dinar we could not be in a better position. The question is are you prepared financially and how you're set up. That's all you have to worry about...
8-16-2020 Newshound Guru Pimpy Article: "During a contact with Barzani...Al-Kazemi decides to send 320 billion dinars to Erbil". ...this is big. For just a second there...it was bad. Then yesterday it was good ...Baghdad is saying that Kurdistan is stealing the money and not paying their employees. Kurdistan is pointing a finger at Baghdad going they're not giving us our money. I knew there was a good relationship between Barzani and Al-Kazemi. So I was like gosh this doesn't look right. Something's wrong...Leave it our boy Al-Kazemi to come through...Barzani got a call from Al-Kazemi himself...Baghdad has agreed to pay 320 billion in IQD monthly...this is what we want to see...I'm glad calmer heads did prevail and this seems to be ironed out...this is a major step towards what we're looking for. A major major step. Let's hope it continues...
8-16-2020 Newshound Guru MilitiaMan Article: "The Iraqi parliament: the finance minister does not cooperate" Quote: "The government works as it has all legislative powers, and is not interested of no having the general budget."He added that "the Minister of Finance is not cooperative and does not care about Parliament and the Parliamentary Finance Committee.” ...Allawi has the data they want... He may have a reason to not, yet. A very good reason... I suspect before, Kahdimi gets to the USA there will be an adjustment made and he will then bring business to America and will have sovereignty in tow...The minister of Finance has our back, as he holds the cards... I bet they are all aces too. lol imo.
8-16-2020 Newshound/Intel Guru Mnt Goat Article: "OUT OF 186 COUNTRIES, IRAQ IS RANKED 181 IN ECONOMIC FREEDOM" So this an excellent article because it tells us the list of factors used in determining whether investors should flock to Iraq or not. Why haven’t they been knocking down the door to get in? So the rating for Iraq is not very good (almost on the bottom) and they will have to change this if they want to move ahead. Note “monetary freedom” is one of the factors. So this is not just rumor. Iraq will need to reinstate their currency so that investors can freely transfer it. Note other factors such as trade investment and financial freedom. Both of these Iraq is now lacking too.
8-16-2020 Newshound Guru MilitiaMan Article: "Representative economy: activating the law of partnership with the private sector and investment soon" Quote: "...the committee is in the process of activating the partnership law with the private sector and the investment law in the near future, as well as activating the mineral investment law...the amended Iraqi investment law is one of the best laws in the region..." They are telling us they have activation and revitalization on the mind. They need investors to help activation of industry, agriculture, minerals, etc... For them to activate and to revitalize, they need a new international exchange rate. ...they tell us the laws will be the best in the region. That is important to the investors!! Very important!!... Good stuff...
8-16-2020 Newshound Guru Breitling ...A lot of people are skeptical about what I just said [Posts over last few days] and I teach this stuff. This is what I do. This last course I gave here in Phoenix people are like 'okay, that doesn't sound...[Like what we're seeing on TV]'...I tell everyone I couldn't be happier. I could not be happier. It's completely opposite out there. "We're watching riots..." That's because they're at their death throes. It's because it's almost over and they know it. ...we could not be in a better position. So don't worry about that. With Iraqi dinar we could not be in a better position. The question is are you prepared financially and how you're set up. That's all you have to worry about...
8-16-2020 Newshound Guru Pimpy Article: "During a contact with Barzani...Al-Kazemi decides to send 320 billion dinars to Erbil". ...this is big. For just a second there...it was bad. Then yesterday it was good ...Baghdad is saying that Kurdistan is stealing the money and not paying their employees. Kurdistan is pointing a finger at Baghdad going they're not giving us our money. I knew there was a good relationship between Barzani and Al-Kazemi. So I was like gosh this doesn't look right. Something's wrong...Leave it our boy Al-Kazemi to come through...Barzani got a call from Al-Kazemi himself...Baghdad has agreed to pay 320 billion in IQD monthly...this is what we want to see...I'm glad calmer heads did prevail and this seems to be ironed out...this is a major step towards what we're looking for. A major major step. Let's hope it continues...
8-16-2020 Newshound Guru MilitiaMan Article: "The Iraqi parliament: the finance minister does not cooperate" Quote: "The government works as it has all legislative powers, and is not interested of no having the general budget."He added that "the Minister of Finance is not cooperative and does not care about Parliament and the Parliamentary Finance Committee.” ...Allawi has the data they want... He may have a reason to not, yet. A very good reason... I suspect before, Kahdimi gets to the USA there will be an adjustment made and he will then bring business to America and will have sovereignty in tow...The minister of Finance has our back, as he holds the cards... I bet they are all aces too. lol imo.
8-16-2020 Newshound/Intel Guru Mnt Goat Article: "OUT OF 186 COUNTRIES, IRAQ IS RANKED 181 IN ECONOMIC FREEDOM" So this an excellent article because it tells us the list of factors used in determining whether investors should flock to Iraq or not. Why haven’t they been knocking down the door to get in? So the rating for Iraq is not very good (almost on the bottom) and they will have to change this if they want to move ahead. Note “monetary freedom” is one of the factors. So this is not just rumor. Iraq will need to reinstate their currency so that investors can freely transfer it. Note other factors such as trade investment and financial freedom. Both of these Iraq is now lacking too.
8-15-2020 Newshound Guru MilitiaMan Kadhimi is coming to America next week. The white papers have exactly what we are waiting for. Parliament wants the data in them before he leaves to go... So do I... lol... As the 2019 FMLA is in there... Key to the solution is the exchange rate... imo.
8-15-2020 Intel Guru Footforward [Do you feel the Iraq PM’s visit on the 20th with President Trump will be significant and could you expound on your opinion weather yes or no?] ...I think they will talk about a strategic partnership. But I'm feeling the RV won't have happened by the time he gets here...
8-15-2020 Newshound Guru Kaperoni ...do you know how the auctions work? ...Currency auctions are a balance between dinar and dollar to maintain the market rate. The exchange rate in Iraq (market rate) is managed by a balance between dinar and dollars. You cannot reduce or remove one or the other without effecting the rate. So they cannot reduce the dinar with that system in place. [Note: You can always see the latest official CBI reported dinar market rate in the left column on this page.]
8-15-2020 Newshound Guru Breitling This is why we're in this. It's all about Iraq. They have confidence in us. They have confidence in the U.S. dollar. They have confidence in the market. If you don't understand that then this is the wrong investment for you...Iraq is moving forward. They're trying to be compliant so they can get in the Swiss System, add value to their currency so it can work for them. Their #1 goal...is to be able to convert it [dinar] to the U.S. dollar...every move they make is because of that.
8-15-2020 Newshound/Intel Guru Mnt Goat ...I have been told many times by the CBI itself they will continue to educate the citizens on this process as it moves ahead. To this day we have not heard any such education happening. It has been years since they educated them on the process and they will need to re-educate.
8-15-2020 Intel Guru Footforward [so what all could Iraq be waiting for? Everything I thought has happened for it to go already.] It could have probably gone already a few times. From what I'm being told there is still a bit of cleaning up to do in terms of Iranian influence.
8-15-2020 Newshound Guru Breitling What's great...is I'm not getting emails from people anymore that they're worried about this happening. Now people are of the mindset of 'how is this going to happen'. That makes me happy. It truly does. It makes me very very happy.
8-15-2020 Newshound Guru Kaperoni This option of floating the currency is also the directive that the IMF gave the central bank in 2013. Which is documented in the IMF Article IV Consultation with Iraq. Despite everyone wanting to see a significant overnight RV, that's simply will not happen and is foolish to even consider. You cannot arbitrarily change the rate and expect the world financial system to accept it. Appreciation of the exchange rate based on Iraq's economy would be the most successful and appropriate way to represent Iraq's growth and success. [post 2 of 2]
8-15-2020 Newshound Guru Kaperoni I believe there are two possible end results for the Iraqi dinar. The first, or the easy way is for them to LOP or re-denominate. The other option, and I would hope that this would be the direction that they would go is to float the currency as Iraq's economy begins to succeed. There is no 3rd option or RV option. There is simply too much currency in circulation for them to significantly overnight RV. Hopefully Iraq will pass the necessary laws to create a suitable investment climate for foreign investors to come in and build a strong market economy private sector. Doing so would create the conditions for the central bank to get off the peg that they are currently on and Float the currency allowing it to gradually appreciate based on sound monetary principles of supply and demand. [post 1 of 2....stay tuned]
8-15-2020 Intel Guru Footforward [Do you feel the Iraq PM’s visit on the 20th with President Trump will be significant and could you expound on your opinion weather yes or no?] ...I think they will talk about a strategic partnership. But I'm feeling the RV won't have happened by the time he gets here...
8-15-2020 Newshound Guru Kaperoni ...do you know how the auctions work? ...Currency auctions are a balance between dinar and dollar to maintain the market rate. The exchange rate in Iraq (market rate) is managed by a balance between dinar and dollars. You cannot reduce or remove one or the other without effecting the rate. So they cannot reduce the dinar with that system in place. [Note: You can always see the latest official CBI reported dinar market rate in the left column on this page.]
8-15-2020 Newshound Guru Breitling This is why we're in this. It's all about Iraq. They have confidence in us. They have confidence in the U.S. dollar. They have confidence in the market. If you don't understand that then this is the wrong investment for you...Iraq is moving forward. They're trying to be compliant so they can get in the Swiss System, add value to their currency so it can work for them. Their #1 goal...is to be able to convert it [dinar] to the U.S. dollar...every move they make is because of that.
8-15-2020 Newshound/Intel Guru Mnt Goat ...I have been told many times by the CBI itself they will continue to educate the citizens on this process as it moves ahead. To this day we have not heard any such education happening. It has been years since they educated them on the process and they will need to re-educate.
8-15-2020 Intel Guru Footforward [so what all could Iraq be waiting for? Everything I thought has happened for it to go already.] It could have probably gone already a few times. From what I'm being told there is still a bit of cleaning up to do in terms of Iranian influence.
8-15-2020 Newshound Guru Breitling What's great...is I'm not getting emails from people anymore that they're worried about this happening. Now people are of the mindset of 'how is this going to happen'. That makes me happy. It truly does. It makes me very very happy.
8-15-2020 Newshound Guru Kaperoni This option of floating the currency is also the directive that the IMF gave the central bank in 2013. Which is documented in the IMF Article IV Consultation with Iraq. Despite everyone wanting to see a significant overnight RV, that's simply will not happen and is foolish to even consider. You cannot arbitrarily change the rate and expect the world financial system to accept it. Appreciation of the exchange rate based on Iraq's economy would be the most successful and appropriate way to represent Iraq's growth and success. [post 2 of 2]
8-15-2020 Newshound Guru Kaperoni I believe there are two possible end results for the Iraqi dinar. The first, or the easy way is for them to LOP or re-denominate. The other option, and I would hope that this would be the direction that they would go is to float the currency as Iraq's economy begins to succeed. There is no 3rd option or RV option. There is simply too much currency in circulation for them to significantly overnight RV. Hopefully Iraq will pass the necessary laws to create a suitable investment climate for foreign investors to come in and build a strong market economy private sector. Doing so would create the conditions for the central bank to get off the peg that they are currently on and Float the currency allowing it to gradually appreciate based on sound monetary principles of supply and demand. [post 1 of 2....stay tuned]
8-14-2020 Intel Guru Bruce [via WiserNow] ... Al-Kazemi and Iraq and we believe Shabibi and others will be coming to meet with the President to announce their sovereignty – should be on the 20th ...we are moving forward to what should be our ultimate goal... The redemption centers...everybody is on call...I was told...we go from an everyday possibility to an every minute possibility – we can watch for it any minute – so that puts us in a perspective of a little closer time frame...
8-14-2020 Intel/Newshound Guru sandyf Many seem to be under the impression that what goes down can go up, but it doesn't work like that in finance. There are established accounting procedures in place for depreciation but other than gold, there are no such procedures for appreciation. Many moons ago the government banks in Iraq had to get permission from the IMF to revalue certain assets, something that caused a bit of hysteria at the time. No country has ever revalued the currency to an extent that would mean changes in the accounts, minor revaluations can be absorbed relatively easily.
8-14-2020 Newshound Guru Breitling ...we're all speculating. I believe this 100%. But I can't tell you the exact date. Think about Iraq, they want this to happen more than you and I but because they have to be compliant they can't even pick a date. That date is when they are compliant. When it works for their economy. We're all in the same boat.
8-14-2020 Newshound Guru Pimpy ...this is big news. We knew this is happening and I have a huge feeling this is why Al-Kazimi and the President Saleh are talking about dissolving the parliament...Once Al-Kazemi made his announcement that he was coming to Washington to see the President, Iranian-backed politicians started making threats and threats and more threats...Al-Kazemi is coming over here to start getting Iraq where it needs to be - back on track with the international community...we see Iraq earning their sovereignty. They're going to be a standalone country as they should...we've got 6 days from today before Al-Kazemi shows up (barring any incidences)...let's see if Trump can restore the sovereignty back to Iraq. It's needed. And then remove the restriction off of the currency. I think a lot of people are anticipating this, not just us who are holding dinars...it looks like things are going in the right direction despite opposition...by the end of next week we're gonna know a whole lot more about what's going on...
8-14-2020 Intel Guru MarkZ [via PDK] It’s been quiet this week in different banking centers. There is a lot of chatter that we are looking through the 15th to the 20th…the culmination will be on the 20th when the Iraqi Prime Minister comes and announces a new international rate. That is what I am hearing. So no...change of rates …yet….
8-14-2020 Newshound Guru MilitiaMan ...Kahdimi...arrives next week to Washington...He will come with reforms in hand and security in place... a window would have to be open during a time frame where banks are on a level playing field and typically that is when all banks are closed prior to reopening of international markets. We have another time this weekend for that potentiality to allow for a smooth transition for more than one currency to adjust. As the IQD in of it self would require adjustments globally too...So let’s see with the days bring us. They sure look good!!
8-14-2020 Newshound Guru Jeff ...The Trump Administration are the only ones in control of the timing of the rate change...the dinar is an asset to the U.S. dollar...in other words maybe we're transitioning the U.S. dollar to become asset backed has to be timed with Iraq's rate change. Because the dinar cannot be and will not be an asset to the dollar until the dinar itself has value...it's all about the timing...
8-14-2020 Newshound/Intel Guru Mnt Goat So, we all know as investors that these currency auctions must end in order to bring economic stability and investors to Iraq. This concept is an integral part of the financial reform process they are talking about in other parts of today’s articles section. Al Kazemi is slow to react to so what is needed and they have given him 100 days to work this out. Article: "STATE OF LAW: EVALUATING THE WORK OF THE KAZEMI GOVERNMENT IN 100 DAYS: ITS STEPS ARE SLOW" I quote from the article –“ WE INDICATE THAT IT IS STILL TAKING SLOW STEPS INCONSISTENT WITH THE CURRENT SITUATION, and SO FAR THERE IS NO CLEAR AND TANGIBLE VISION TO REFORM THE FINANCIAL SYSTEM."
8-14-2020 Intel/Newshound Guru sandyf Many seem to be under the impression that what goes down can go up, but it doesn't work like that in finance. There are established accounting procedures in place for depreciation but other than gold, there are no such procedures for appreciation. Many moons ago the government banks in Iraq had to get permission from the IMF to revalue certain assets, something that caused a bit of hysteria at the time. No country has ever revalued the currency to an extent that would mean changes in the accounts, minor revaluations can be absorbed relatively easily.
8-14-2020 Newshound Guru Breitling ...we're all speculating. I believe this 100%. But I can't tell you the exact date. Think about Iraq, they want this to happen more than you and I but because they have to be compliant they can't even pick a date. That date is when they are compliant. When it works for their economy. We're all in the same boat.
8-14-2020 Newshound Guru Pimpy ...this is big news. We knew this is happening and I have a huge feeling this is why Al-Kazimi and the President Saleh are talking about dissolving the parliament...Once Al-Kazemi made his announcement that he was coming to Washington to see the President, Iranian-backed politicians started making threats and threats and more threats...Al-Kazemi is coming over here to start getting Iraq where it needs to be - back on track with the international community...we see Iraq earning their sovereignty. They're going to be a standalone country as they should...we've got 6 days from today before Al-Kazemi shows up (barring any incidences)...let's see if Trump can restore the sovereignty back to Iraq. It's needed. And then remove the restriction off of the currency. I think a lot of people are anticipating this, not just us who are holding dinars...it looks like things are going in the right direction despite opposition...by the end of next week we're gonna know a whole lot more about what's going on...
8-14-2020 Intel Guru MarkZ [via PDK] It’s been quiet this week in different banking centers. There is a lot of chatter that we are looking through the 15th to the 20th…the culmination will be on the 20th when the Iraqi Prime Minister comes and announces a new international rate. That is what I am hearing. So no...change of rates …yet….
8-14-2020 Newshound Guru MilitiaMan ...Kahdimi...arrives next week to Washington...He will come with reforms in hand and security in place... a window would have to be open during a time frame where banks are on a level playing field and typically that is when all banks are closed prior to reopening of international markets. We have another time this weekend for that potentiality to allow for a smooth transition for more than one currency to adjust. As the IQD in of it self would require adjustments globally too...So let’s see with the days bring us. They sure look good!!
8-14-2020 Newshound Guru Jeff ...The Trump Administration are the only ones in control of the timing of the rate change...the dinar is an asset to the U.S. dollar...in other words maybe we're transitioning the U.S. dollar to become asset backed has to be timed with Iraq's rate change. Because the dinar cannot be and will not be an asset to the dollar until the dinar itself has value...it's all about the timing...
8-14-2020 Newshound/Intel Guru Mnt Goat So, we all know as investors that these currency auctions must end in order to bring economic stability and investors to Iraq. This concept is an integral part of the financial reform process they are talking about in other parts of today’s articles section. Al Kazemi is slow to react to so what is needed and they have given him 100 days to work this out. Article: "STATE OF LAW: EVALUATING THE WORK OF THE KAZEMI GOVERNMENT IN 100 DAYS: ITS STEPS ARE SLOW" I quote from the article –“ WE INDICATE THAT IT IS STILL TAKING SLOW STEPS INCONSISTENT WITH THE CURRENT SITUATION, and SO FAR THERE IS NO CLEAR AND TANGIBLE VISION TO REFORM THE FINANCIAL SYSTEM."
8-13-2020 Newshound Guru Kaperoni ...The first thing a lop does that benefits Iraq is it reduces the money supply from trillions to billions. Which is a must. The second thing it does is by deleting the zeros it puts the currency on par with other currencies. And lastly once this is done the dinar could go up in value, but it would not significantly increase its value X1000 like most are wishing for. It would increase minimally. Not what we want to see if they chose this path. So yes, a LOP does benefit Iraq.
8-13-2020 Newshound Guru Pimpy Kurdistan and Baghdad going back and forth over something I'm sure can get resolved really quick. We got about one week away from Al-Kazemi getting here. Let's keep our fingers crossed that all the things that need to be done will be completed before he gets here so we could just move forward with the reinstatement of their sovereignty and the restrictions moved off of their currency...
8-13-2020 Newshound Guru Breitling You don't know what Iraq is doing and you don't know how they are motivated if you don't know that they're trying to get their currency up in value so they can take advantage of the Swiss System and be part of the global trade system. Remember the Untied States is a trade empire...Iraq is trying to comply. That's how you measure this thing correctly...Iraq is doing everything they can right now through parliament and their laws to get attached to the U.S. dollar...they want to be part of the west. They want to be part of our market. And that's what they're doing.
8-13-2020 Newshound Guru Jeff ...we will not see a rate change until Kurdistan and Baghdad resolve their difference and reach that comprehensive agreement. It's that simple. That's really the #1 thing that you guys have seen since the beginning of this year...all the articles coming out have been talking about Kurdistan and Baghdad reaching a comprehensive agreement. IMO they will not reach an agreement until September. You guys know September is red hot...Iraq only has money to cover them through August...they just told you they are not going to be borrowing anymore money.
8-13-2020 Intel Guru Frank26 In my strong opinion I still strongly believe that Kazimi will make some type of an announcement about their currency, their monetary reform before he comes to the United States of America. And I really feel that because... What is the best way to walk into the White House front lawn rose garden? Smelling like a rose. So Kazimi would you smell like a rose if you make an announcement about your monetary reform that affects your economic reform that everybody is waiting to come into your county to do economic reform through the contracts? Sure it would...
8-13-2020 Newshound Guru Adam Montana OIL...45.21 dollars per barrel... happy news for Iraq, and this does nothing but bolster their confidence...We know it's going to go back to former levels seen this year. We can be fairly certain this current low rate won't stick around...and of course I'm talking about both OIL and also Dinar. As much as I state that the Auctions aren't an indicator of an RV, the continued solid auctions just prove that Iraq is a well oiled (haha) machine. One of the biggest events on the calendar is our boy Kazzamie coming to America. ...I love the progress. I want to see some HCL news, but it's very possible that they are lining a few things up before it goes through. When we have HCL, I believe we will get our RV...It's coming! ...go HCL, go Kazzammie, GO RV!!!
8-13-2020 Guest Guru Austin-Powers-For-PM Think about this for a minute. There have been lots of LOP's over the years. How does a country behave before a LOP? They spell it out in a VERY crystal-clear fashion for the population. They tell them in a totally unmistakable way that their large note will be the same value as the smaller note, and that the large note has a very short life span in the marketplace before they become worthless. Has Iraq in any way, shape, or form indicated any of this to their population? NO!! As a matter of fact, they have been very coy in how they are treating the "removing the 3 zeros" and have stated very clearly that the large notes will CO-EXIST with the lower denominations. I can't see from Iraq's behavior how this could be a LOP.
8-13-2020 Newshound Guru Breitling It's not just adding value to their currency. It's they want to add value to their currency and make sure they can use the damn thing. So can they take that currency and put it into the Swiss system and convert it to the U.S. dollar. That's it. That's what they're hashing out...if you believe this hype, this garbage - the U.S. dollar is about to fall, that there's something wrong with it...You're stupid and blind...the dollar is the most valuable currency on the plant. Meaning 72% of the world's international markets use the U.S. dollar. The Fed was the one who managed to get it there...it's the most powerful currency on the planet that's ever existed...if you don't know what that means, that means you've never gone to another country and done business before because you'll realize the power of the U.S. dollar...so if you want to be part of the west's system, the United States system how do you do that? You have to convert to the U.S. dollar...That's what Iraq is doing...
8-13-2020 Newshound Guru MilitiaMan ...I am sure the event we await is looking to be in motion more and more each day...there are so many indicators that point to it. Iraq has to the best of my knowledge notified the BIS they are to raise the value of their currency, imo...The BIS has in return, also with the same sentiment have notified other banks of that action and we learned that by PINGs noticed around the world recently...Those pings are reactionary and necessary...
8-13-2020 Intel Guru Bruce [via WiserNow] ...Iraq has definitely revalued the currency – I know what the rate is - IN COUNTRY – that means in that country of Iraq – and it’s between $8.50 and $9.00 – I’ll just tell you that – That doesn’t meant that is what we’re going to get here by the way – Our rate could be significantly higher – In fact – yesterday – when the ISX came on for the first part of the week - our week – Monday – they - that’s the Iraq Stock Exchange - they were trading but they shut it down after the first half hour of trading...The reason they did that was because during that time the Iraqi Dinar was also trading and going too high...they did not want the value of the dinar to exceed what their expectations were for it – my understanding was in that half hour of time the market was open the Dinar increased 50% in value...So – I don’t know exactly where that puts us – I know roughly what I’ve heard – where we should be – but all I can say is regarding Dinar and Dong – specifically - I think you have absolutely nothing to worry about and it wouldn’t surprise me if both of those could be in double figures – now that would be a front screen look...
8-13-2020 Newshound Guru Pimpy Kurdistan and Baghdad going back and forth over something I'm sure can get resolved really quick. We got about one week away from Al-Kazemi getting here. Let's keep our fingers crossed that all the things that need to be done will be completed before he gets here so we could just move forward with the reinstatement of their sovereignty and the restrictions moved off of their currency...
8-13-2020 Newshound Guru Breitling You don't know what Iraq is doing and you don't know how they are motivated if you don't know that they're trying to get their currency up in value so they can take advantage of the Swiss System and be part of the global trade system. Remember the Untied States is a trade empire...Iraq is trying to comply. That's how you measure this thing correctly...Iraq is doing everything they can right now through parliament and their laws to get attached to the U.S. dollar...they want to be part of the west. They want to be part of our market. And that's what they're doing.
8-13-2020 Newshound Guru Jeff ...we will not see a rate change until Kurdistan and Baghdad resolve their difference and reach that comprehensive agreement. It's that simple. That's really the #1 thing that you guys have seen since the beginning of this year...all the articles coming out have been talking about Kurdistan and Baghdad reaching a comprehensive agreement. IMO they will not reach an agreement until September. You guys know September is red hot...Iraq only has money to cover them through August...they just told you they are not going to be borrowing anymore money.
8-13-2020 Intel Guru Frank26 In my strong opinion I still strongly believe that Kazimi will make some type of an announcement about their currency, their monetary reform before he comes to the United States of America. And I really feel that because... What is the best way to walk into the White House front lawn rose garden? Smelling like a rose. So Kazimi would you smell like a rose if you make an announcement about your monetary reform that affects your economic reform that everybody is waiting to come into your county to do economic reform through the contracts? Sure it would...
8-13-2020 Newshound Guru Adam Montana OIL...45.21 dollars per barrel... happy news for Iraq, and this does nothing but bolster their confidence...We know it's going to go back to former levels seen this year. We can be fairly certain this current low rate won't stick around...and of course I'm talking about both OIL and also Dinar. As much as I state that the Auctions aren't an indicator of an RV, the continued solid auctions just prove that Iraq is a well oiled (haha) machine. One of the biggest events on the calendar is our boy Kazzamie coming to America. ...I love the progress. I want to see some HCL news, but it's very possible that they are lining a few things up before it goes through. When we have HCL, I believe we will get our RV...It's coming! ...go HCL, go Kazzammie, GO RV!!!
8-13-2020 Guest Guru Austin-Powers-For-PM Think about this for a minute. There have been lots of LOP's over the years. How does a country behave before a LOP? They spell it out in a VERY crystal-clear fashion for the population. They tell them in a totally unmistakable way that their large note will be the same value as the smaller note, and that the large note has a very short life span in the marketplace before they become worthless. Has Iraq in any way, shape, or form indicated any of this to their population? NO!! As a matter of fact, they have been very coy in how they are treating the "removing the 3 zeros" and have stated very clearly that the large notes will CO-EXIST with the lower denominations. I can't see from Iraq's behavior how this could be a LOP.
8-13-2020 Newshound Guru Breitling It's not just adding value to their currency. It's they want to add value to their currency and make sure they can use the damn thing. So can they take that currency and put it into the Swiss system and convert it to the U.S. dollar. That's it. That's what they're hashing out...if you believe this hype, this garbage - the U.S. dollar is about to fall, that there's something wrong with it...You're stupid and blind...the dollar is the most valuable currency on the plant. Meaning 72% of the world's international markets use the U.S. dollar. The Fed was the one who managed to get it there...it's the most powerful currency on the planet that's ever existed...if you don't know what that means, that means you've never gone to another country and done business before because you'll realize the power of the U.S. dollar...so if you want to be part of the west's system, the United States system how do you do that? You have to convert to the U.S. dollar...That's what Iraq is doing...
8-13-2020 Newshound Guru MilitiaMan ...I am sure the event we await is looking to be in motion more and more each day...there are so many indicators that point to it. Iraq has to the best of my knowledge notified the BIS they are to raise the value of their currency, imo...The BIS has in return, also with the same sentiment have notified other banks of that action and we learned that by PINGs noticed around the world recently...Those pings are reactionary and necessary...
8-13-2020 Intel Guru Bruce [via WiserNow] ...Iraq has definitely revalued the currency – I know what the rate is - IN COUNTRY – that means in that country of Iraq – and it’s between $8.50 and $9.00 – I’ll just tell you that – That doesn’t meant that is what we’re going to get here by the way – Our rate could be significantly higher – In fact – yesterday – when the ISX came on for the first part of the week - our week – Monday – they - that’s the Iraq Stock Exchange - they were trading but they shut it down after the first half hour of trading...The reason they did that was because during that time the Iraqi Dinar was also trading and going too high...they did not want the value of the dinar to exceed what their expectations were for it – my understanding was in that half hour of time the market was open the Dinar increased 50% in value...So – I don’t know exactly where that puts us – I know roughly what I’ve heard – where we should be – but all I can say is regarding Dinar and Dong – specifically - I think you have absolutely nothing to worry about and it wouldn’t surprise me if both of those could be in double figures – now that would be a front screen look...
8-12-2020 Intel Guru Frank26 ...the details have been worked out for the monetary reform, those details were a long time ago. What we're seeing as far as the 20th with the Prime Minister Kazimi and our President Trump is nothing more than a table that has already been set. Kazimi's coming over to feast off of that table. It's nothing more but a formality. It's really about the investments that the United States of America is about to make in Iraq . Now there's no way we can do this unless they're Article VIII which means that they have to raise the value to be Article VIII according to the IMF. They have to make this announcement.
8-12-2020 Newshound Guru Breitling People are asking me 'Is Trump going to cause the dinar to revalue for his election? Is that going to help him?' Didn't we have this conversation when George Bush Jr. was running for president? You guys they don't have that sort of power over a currency...
8-12-2020 Newshound/Intel Guru Mnt Goat
4. monitor the economy for hyper-inflation for a couple of weeks or more
5. then reinstate the currency to the global currency exchanges and allow it to trade openly meaning FOREX (buying and selling). We do not go to the bank until this final step in the process happens...
Having said all this these steps could all happen very suddenly within a week or may take longer. It depends on the reaction of the market inside Iraq . [post 2 of 2]
8-12-2020 Newshound/Intel Guru Mnt Goat ...In the past we have been given a diagram charting decades of rates for the dinar by the CBI. Seems they are targeting around $4.25 as a stable rate in the long run. But to get there, steps must be followed:
1. end the currency auctions and its corruption as is today.
2. delete the zeroes and launch the newer notes and coins to convert to the lower denominations;
3. revalue the dinar in-country by removing the zeros from the rate meaning That is a .000873 rate would become 87 cents. Of course, they want to get the dinar par or to exceed with the US dollar to start...They will want to make the dinar more desirable. The start may mean a provisional rate goal of .00100+ before starting then drop 3 decimal places to at least a 1.00. [post 1 of 2....stay tuned]
8-12-2020 Intel Guru Footforward [reference Guru Kaperoni's post 8-12-2020] ...This absolutely will not happen in my opinion. ...Doing a LOP doesn't help Iraq at all. Not one bit. They need to add value to their currency. They already have lower denominations printed and ready to go. You also don't change your exchange rate be doing a LOP or redenomimation. You actually have to add value to the currency. A LOP doesn't do this. At all. It just makes your notes a smaller denomination. This would not make it equal in value to the USD.
8-12-2020 Newshound Guru Pimpy Trump Quote: "We're looking at also considering a capital gains tax cut which would create a lot more jobs so we're looking very seriously at a capital gains tax cut..." Yeah we'll take a capital gains tax cut. That means when the RV happens...you wouldn't pay no capital gains on them if he cuts the taxes on it...you would only pay state tax. So make sure you move to a state that has no state tax...he's going to get what he wants... [Note: Some gurus feel the dinar will be taxed at regular income and not capital gains. Speak with your tax professional at the appropriate time. We love hearing possibilities and strategies but the only opinion that matters when it comes to tax liability is the IRS's.]
8-12-2020 Intel Guru Frank26 Trump right now is working with Saudi Arabia and Kuwait concerning the monetary reform of the Iraqi dinar. It's getting done. It just has to include many in the Middle East...It is not just Iraq...IMO Saudi Arabia and Kuwait are playing an important part in the monetary reform of the Iraqi dinar. And they've done a very good job by the way...Saudi is playing a very very big part family in what is going on with our study...the contracts that they're going to have with Saudi to rebuild Iraq is amazing. It's huge. It's big...
8-12-2020 Newshound Guru Breitling ...every once in a while one of you guys will crack. You've been waiting 10 years, 5 years, 4 years, whatever and you'll crack and I get attacked...I snap back. It's the same response. If you don't believe in this investment, what are you doing emailing me? What are you doing even listening to me? There's no need. Do not worry about something you can not control...you either have the patients for this or you don't. There's no reason to attack anybody. There's no reason to attack someone who disagrees with you in this investment because it doesn't do anything...it's not going to hurt me or anything like that. I'm still in this...and there's no one who believes this more than me. And if you don't, there's no reason for you to listen to me.
8-12-2020 Intel Guru BobTheTaxMan ...it's been a real interesting progress in this game that we're playing...the thing that I like too is that 'no news' in this world is kind of good news. That's how I see it...they [Iraq] are making huge strides forward. They are doing everything they can to get this thing [RV/Rate change] done. They have to have it. They don't have a choice. On our end to be prepared for it is what makes it obviously more real. But, hey, it IS real. It absolutely is real. The times coming. It's very very shortly...everything that needs to be done is freaking being done. It is actually being done...a lot of people have prepared themselves, are still preparing themselves to take full advantage of this opportunity...as old as I am...this is a once in a lifetime opportunity...you're just not gonna see this [type of thing] come around very very often. You're just not gonna see it...I'm happy.
8-12-2020 Newshound Guru Kaperoni I am watching parliament closely for such a vote and luckily so far that has not occured. What I am hoping for is Iraq does nothing and decides to create a market economy. Doing so they could invite foreign investors into Iraq to participate in the rebuilding and growth of the economy. If they do, there is a chance the dinar as a result could rise in value over time, That is a realistic and justified growth. That also has been discussed by the media professional organization such as the IMF. I own dinar, and do think there is a chance for it to appreciate, just not how the gurus say. It will take years and more importantly, it will take Iraq to change there ways and get things done. But so far, Iraq talks a good story but accomplishes very little. [post 2 of 2]
8-12-2020 Newshound Guru Kaperoni ...if the CBI does try to make the dinar equal to the dollar, in some type of overnight event, it be a LOP or redenomination. Meaning parliament would vote to remove the zeros off the currency and they would issue a new currency without them. Such an event would not make you any money, it would be a neutral event. In doing so, the central bank would increase the value, and reduce the money supply from trillions to billions (42 trillion to 42 billion) and your dinar would be worth that same as you paid for it or about. [post 1 of 2....stay tuned]
8-12-2020 Intel Guru Frank26 ...the details have been worked out a long time ago and that's why Kazimi is going to go to Washington D.C. on the 20th. Because the details, the demands, the benchmarks have all been met. What President Trump is doing right now is loud concerning Iraq...Donald Trump simply wants Iraq to be 100% ready to go and Iranian influence has to be removed ... this is really good because what we're seeing is exactly what we need in order for Kazimi to go to Washington DC and talk to Donald Trump...
8-12-2020 Newshound Guru Breitling People are asking me 'Is Trump going to cause the dinar to revalue for his election? Is that going to help him?' Didn't we have this conversation when George Bush Jr. was running for president? You guys they don't have that sort of power over a currency...
8-12-2020 Newshound/Intel Guru Mnt Goat
4. monitor the economy for hyper-inflation for a couple of weeks or more
5. then reinstate the currency to the global currency exchanges and allow it to trade openly meaning FOREX (buying and selling). We do not go to the bank until this final step in the process happens...
Having said all this these steps could all happen very suddenly within a week or may take longer. It depends on the reaction of the market inside Iraq . [post 2 of 2]
8-12-2020 Newshound/Intel Guru Mnt Goat ...In the past we have been given a diagram charting decades of rates for the dinar by the CBI. Seems they are targeting around $4.25 as a stable rate in the long run. But to get there, steps must be followed:
1. end the currency auctions and its corruption as is today.
2. delete the zeroes and launch the newer notes and coins to convert to the lower denominations;
3. revalue the dinar in-country by removing the zeros from the rate meaning That is a .000873 rate would become 87 cents. Of course, they want to get the dinar par or to exceed with the US dollar to start...They will want to make the dinar more desirable. The start may mean a provisional rate goal of .00100+ before starting then drop 3 decimal places to at least a 1.00. [post 1 of 2....stay tuned]
8-12-2020 Intel Guru Footforward [reference Guru Kaperoni's post 8-12-2020] ...This absolutely will not happen in my opinion. ...Doing a LOP doesn't help Iraq at all. Not one bit. They need to add value to their currency. They already have lower denominations printed and ready to go. You also don't change your exchange rate be doing a LOP or redenomimation. You actually have to add value to the currency. A LOP doesn't do this. At all. It just makes your notes a smaller denomination. This would not make it equal in value to the USD.
8-12-2020 Newshound Guru Pimpy Trump Quote: "We're looking at also considering a capital gains tax cut which would create a lot more jobs so we're looking very seriously at a capital gains tax cut..." Yeah we'll take a capital gains tax cut. That means when the RV happens...you wouldn't pay no capital gains on them if he cuts the taxes on it...you would only pay state tax. So make sure you move to a state that has no state tax...he's going to get what he wants... [Note: Some gurus feel the dinar will be taxed at regular income and not capital gains. Speak with your tax professional at the appropriate time. We love hearing possibilities and strategies but the only opinion that matters when it comes to tax liability is the IRS's.]
8-12-2020 Intel Guru Frank26 Trump right now is working with Saudi Arabia and Kuwait concerning the monetary reform of the Iraqi dinar. It's getting done. It just has to include many in the Middle East...It is not just Iraq...IMO Saudi Arabia and Kuwait are playing an important part in the monetary reform of the Iraqi dinar. And they've done a very good job by the way...Saudi is playing a very very big part family in what is going on with our study...the contracts that they're going to have with Saudi to rebuild Iraq is amazing. It's huge. It's big...
8-12-2020 Newshound Guru Breitling ...every once in a while one of you guys will crack. You've been waiting 10 years, 5 years, 4 years, whatever and you'll crack and I get attacked...I snap back. It's the same response. If you don't believe in this investment, what are you doing emailing me? What are you doing even listening to me? There's no need. Do not worry about something you can not control...you either have the patients for this or you don't. There's no reason to attack anybody. There's no reason to attack someone who disagrees with you in this investment because it doesn't do anything...it's not going to hurt me or anything like that. I'm still in this...and there's no one who believes this more than me. And if you don't, there's no reason for you to listen to me.
8-12-2020 Intel Guru BobTheTaxMan ...it's been a real interesting progress in this game that we're playing...the thing that I like too is that 'no news' in this world is kind of good news. That's how I see it...they [Iraq] are making huge strides forward. They are doing everything they can to get this thing [RV/Rate change] done. They have to have it. They don't have a choice. On our end to be prepared for it is what makes it obviously more real. But, hey, it IS real. It absolutely is real. The times coming. It's very very shortly...everything that needs to be done is freaking being done. It is actually being done...a lot of people have prepared themselves, are still preparing themselves to take full advantage of this opportunity...as old as I am...this is a once in a lifetime opportunity...you're just not gonna see this [type of thing] come around very very often. You're just not gonna see it...I'm happy.
8-12-2020 Newshound Guru Kaperoni I am watching parliament closely for such a vote and luckily so far that has not occured. What I am hoping for is Iraq does nothing and decides to create a market economy. Doing so they could invite foreign investors into Iraq to participate in the rebuilding and growth of the economy. If they do, there is a chance the dinar as a result could rise in value over time, That is a realistic and justified growth. That also has been discussed by the media professional organization such as the IMF. I own dinar, and do think there is a chance for it to appreciate, just not how the gurus say. It will take years and more importantly, it will take Iraq to change there ways and get things done. But so far, Iraq talks a good story but accomplishes very little. [post 2 of 2]
8-12-2020 Newshound Guru Kaperoni ...if the CBI does try to make the dinar equal to the dollar, in some type of overnight event, it be a LOP or redenomination. Meaning parliament would vote to remove the zeros off the currency and they would issue a new currency without them. Such an event would not make you any money, it would be a neutral event. In doing so, the central bank would increase the value, and reduce the money supply from trillions to billions (42 trillion to 42 billion) and your dinar would be worth that same as you paid for it or about. [post 1 of 2....stay tuned]
8-12-2020 Intel Guru Frank26 ...the details have been worked out a long time ago and that's why Kazimi is going to go to Washington D.C. on the 20th. Because the details, the demands, the benchmarks have all been met. What President Trump is doing right now is loud concerning Iraq...Donald Trump simply wants Iraq to be 100% ready to go and Iranian influence has to be removed ... this is really good because what we're seeing is exactly what we need in order for Kazimi to go to Washington DC and talk to Donald Trump...
8-11-2020 Intel/Newshound Guru sandyf Kap [Guru Kaperoni] is quite right in what he says regarding Iraq , never going to happen. However an adjustment to the exchange rate does not have to be the result of any action by the country. In 1967 GBP was devalued by 14% and as at that time Sterling was the predominant reserve currency nearly every country had to adjust rates, effectively a Global Currency Reset.
8-11-2020 Newshound Guru Pimpy There seems to be a lot of great strides towards Iraq earning their sovereignty, which is really super important. We are keeping an eye on that.
8-11-2020 Intel Guru Frank26 When I called [guru] Walkingstick and I told him about this he says keep your eye on it...we've been seeing this for a while now haven't we. Shoot for the last year and a half at least. For the last almost 2 months we've been seeing massive amounts of the dinar moving and I told you not at a program rate but at a different rate...I do not believe that this is something that is labeled as a coincidence, as an accident...I see this as a movement. I see this as the Iraqi dinar being positioned internationally. I believe you're gonna see an awful lot more of it... [Post 2 of 2]
8-11-2020 Intel Guru Frank26 ...Angel1...sends me this [from so-and-so converter site. -Image] IQD/USD - IQD 1 = $.0.8700 IQD = $.0.008. hmmm. [Frank says] 'Let me know if you see anymore'...five minutes later ring-a-ding-ding "Frank I just got another text." [Image from converter site text notification] "Sunday August 9 Currency Alert! IQD/USD 0.8700$ = 1 .0008$ = 1...this time it came through as a "ping" [Text Notification]...5 minutes later he did it again. What?!...it goes on and on...but my friend gets 11 pings from a specific clearinghouse...It's showing that the IQD is at .0008 but then on top you can see that the ping that came through was showing that 1 IQD is now equal to .87 American cents. And we saw it happen 11 times in a row. What does it mean? [Post 1 of 2....stay tuned]
8-11-2020 Newshound/Intel Guru Mnt Goat Article: "TRUMP'S ADVISOR NAMES TO SHAFAQ NEWS TEN FILES FOR DISCUSSION WITH AL-KAZEMI IN WASHINGTON" Quote: "He explained that he would meet US President Donald Trump on the twentieth of this month." We know that al-Kazemi had been invited to the White house in DC. He will speak directly with president Trump. This alone tells us he is a good guy and will be working for the restoration of Iraq in “its glory days” as has been said so many times is their goal. This includes the currency and we have been told many times it will also revalue to these glory days. Could the CBI begin the process...when he returns? Maybe if the meeting goes successfully. But at this point it is only speculation...
8-11-2020 Newshound Guru Pimpy ...August 20th [Al-Kazemi's planned visit to Washington] - that's a few days away. Let's just hope that we get enough accomplished between now and then where we can get these guys sovereignty once again, recognized internationally and the restrictions moved off of their currency...
8-11-2020 Intel Guru MarkZ [via PDK] Still quiet with gag orders in effect in the banking centers... I am hearing today is a possibility but no one will give me specifics. But people are on the edge of their seats. At the redemption center- I get “no comment” They have a skeleton crew and waiting for the call to be fully staffed. ...I’m getting a whole lot of quiet.
8-11-2020 Intel Guru Frank26 ...I said to you very clearly...I want you to look for this week is the word sovereign. Vice President Pence comes out and he says words in a rather interesting speech...it was exciting that you see Vice President Pence...talking about Iraq...And what did he say? 'Iraq is strong and sovereign.' Hello. So there's your word. Coincidence? No. But what was a coincidence though was a few hours later you got President Trump himself come out and he says, 'There's going to be cuts in both your income and your capital gains taxes.' ...so he says out of the blue, on the same day [as] the key word 'sovereign'...talk about timing. Alright maybe it's a coincidence. But golly this coincidence grabbed me!
8-11-2020 Newshound Guru Pimpy ...to be quite honest, man, I understand why the bank was making a pitch for a rate around $1.13 / $1.34 but man after talking to my friend and thinking this over I can understand why they might go ahead with the $3.22 rate. I'm NOT saying that's what the rate is. I'm just saying they don't have anything to lose. They have nothing there. They need to rebuild everything. They need purchasing power. So if we reinstate the rate at $3.22 that gives Iraq the purchasing power they need to import all the supplies and goodies they need to start rebuilding that country. Then later on if they want to go back and do an adjustment and lower it then by all means you could do so. But for now they have nothing whatsoever...
8-11-2020 Newshound Guru Pimpy There seems to be a lot of great strides towards Iraq earning their sovereignty, which is really super important. We are keeping an eye on that.
8-11-2020 Intel Guru Frank26 When I called [guru] Walkingstick and I told him about this he says keep your eye on it...we've been seeing this for a while now haven't we. Shoot for the last year and a half at least. For the last almost 2 months we've been seeing massive amounts of the dinar moving and I told you not at a program rate but at a different rate...I do not believe that this is something that is labeled as a coincidence, as an accident...I see this as a movement. I see this as the Iraqi dinar being positioned internationally. I believe you're gonna see an awful lot more of it... [Post 2 of 2]
8-11-2020 Intel Guru Frank26 ...Angel1...sends me this [from so-and-so converter site. -Image] IQD/USD - IQD 1 = $.0.8700 IQD = $.0.008. hmmm. [Frank says] 'Let me know if you see anymore'...five minutes later ring-a-ding-ding "Frank I just got another text." [Image from converter site text notification] "Sunday August 9 Currency Alert! IQD/USD 0.8700$ = 1 .0008$ = 1...this time it came through as a "ping" [Text Notification]...5 minutes later he did it again. What?!...it goes on and on...but my friend gets 11 pings from a specific clearinghouse...It's showing that the IQD is at .0008 but then on top you can see that the ping that came through was showing that 1 IQD is now equal to .87 American cents. And we saw it happen 11 times in a row. What does it mean? [Post 1 of 2....stay tuned]
8-11-2020 Newshound/Intel Guru Mnt Goat Article: "TRUMP'S ADVISOR NAMES TO SHAFAQ NEWS TEN FILES FOR DISCUSSION WITH AL-KAZEMI IN WASHINGTON" Quote: "He explained that he would meet US President Donald Trump on the twentieth of this month." We know that al-Kazemi had been invited to the White house in DC. He will speak directly with president Trump. This alone tells us he is a good guy and will be working for the restoration of Iraq in “its glory days” as has been said so many times is their goal. This includes the currency and we have been told many times it will also revalue to these glory days. Could the CBI begin the process...when he returns? Maybe if the meeting goes successfully. But at this point it is only speculation...
8-11-2020 Newshound Guru Pimpy ...August 20th [Al-Kazemi's planned visit to Washington] - that's a few days away. Let's just hope that we get enough accomplished between now and then where we can get these guys sovereignty once again, recognized internationally and the restrictions moved off of their currency...
8-11-2020 Intel Guru MarkZ [via PDK] Still quiet with gag orders in effect in the banking centers... I am hearing today is a possibility but no one will give me specifics. But people are on the edge of their seats. At the redemption center- I get “no comment” They have a skeleton crew and waiting for the call to be fully staffed. ...I’m getting a whole lot of quiet.
8-11-2020 Intel Guru Frank26 ...I said to you very clearly...I want you to look for this week is the word sovereign. Vice President Pence comes out and he says words in a rather interesting speech...it was exciting that you see Vice President Pence...talking about Iraq...And what did he say? 'Iraq is strong and sovereign.' Hello. So there's your word. Coincidence? No. But what was a coincidence though was a few hours later you got President Trump himself come out and he says, 'There's going to be cuts in both your income and your capital gains taxes.' ...so he says out of the blue, on the same day [as] the key word 'sovereign'...talk about timing. Alright maybe it's a coincidence. But golly this coincidence grabbed me!
8-11-2020 Newshound Guru Pimpy ...to be quite honest, man, I understand why the bank was making a pitch for a rate around $1.13 / $1.34 but man after talking to my friend and thinking this over I can understand why they might go ahead with the $3.22 rate. I'm NOT saying that's what the rate is. I'm just saying they don't have anything to lose. They have nothing there. They need to rebuild everything. They need purchasing power. So if we reinstate the rate at $3.22 that gives Iraq the purchasing power they need to import all the supplies and goodies they need to start rebuilding that country. Then later on if they want to go back and do an adjustment and lower it then by all means you could do so. But for now they have nothing whatsoever...
8-10-2020 Newshound Guru MilitiaMan Article: "A parliamentary bloc calls on Al-Kazemi to implement the government program before performing any foreign visit" Quote: "Iraq suffers from major security, service and economic problems, and it was the first to follow up these files before making any visit or any foreign government tour." Next week, the Prime Minister, Mustafa Al-Kazemi, will start an official visit to the United States of America, at the head of a government delegation, based on an official invitation." So in other words, get the reforms done before you leave... This I like...imo.
8-10-2020 Guest Guru Scrappy keynote: US Dollar becoming asset backed is TIMED with the rate change. Because the dinar is one of the assets backing the USD (THAT'S HUGE). ...half of Iraq 's fiscal year start's 10/1...US's fiscal year starts 10/1...Iraq can only change their rate at the begging of a new fiscal period...That's why the (White Paper) reforms are linked to a budget (require funding). The HCL is a REFORM (oil payments to citizens) that requires budget funding. Iraq 's current constitution only goes to article 139, they have to amend the constitution and add both HCL & ARTICLE 140 to it. Both 140 & HCL have been approved since 2005 and cant be implemented until the rate changes. Those are some of the WHITE PAPER REFORMS waiting on the rate change budget approval for the 2nd half of their year... If Iraq doesn't Change their rate in September, then were waiting until March of next year.
8-10-2020 Newshound Guru Pimpy Article: "The second round of strategic dialogue between Ira and America will start soon, amid Suni-Kurdish support" Quote: "Kurdistan region of Iraq are awaiting the results of the second round of strategic dialogue negotiations between Iraq and the United States which is scheduled finally for August 20th..." If you think about this, this is towards the end of August...then they will have the rest of September, all of October and then elections the first couple of days in November. Man if I was Trump, if I wanted to make some people very very happy and you wanted to give some kind of boost to economies around the world, I could think of a way...how about we just reinstate that $3.22 right there. I would love to see that...
8-10-2020 Intel Guru MarkZ No bad news over the weekend…still quiet…The redemption center side...Everything is hushed and I think that is a very good sign. Hopefully we will see some real movement.
8-10-2020 Newshound Guru Pimpy Article: "Deputy: The economic file will be part of Al-Kazemi's visit to the White House" Good. Because I know what you're thinking. Why don't they just go ahead and change the rate? I'm sure that'll be a pretty big boost don't you think? I surely do. Quote: '...the economic file will be part of the files that the Prime Minister Al-Kazemi will discuss during his visit to the White House next week.' ...I'm sure one of the things that Al-Kazemi is going to be saying to him is 'look we need to do infrastructure . We don't have scabbily right now. We're going to be starting from square one and we need some kind of help. A big help for us would be for you to once again recognize our sovereignty and then please remove the restrictions off our currency and let us reinstate our rate so that we can start importing all the supplies we need to do infrastructure.' Man I am so waiting for that announcement...
8-10-2020 Intel Guru Footforward [Does the dong and the dinar have to go at the same time? Could they go months apart or even years apart?] they don't "have to" go together. It's better if they do. Easier if they do. They would likely be weeks or months apart if they don't go together. Not years. In my opinion. ...It's been the plan for a long time for them to go together.
8-10-2020 Guest Guru Scrappy keynote: US Dollar becoming asset backed is TIMED with the rate change. Because the dinar is one of the assets backing the USD (THAT'S HUGE). ...half of Iraq 's fiscal year start's 10/1...US's fiscal year starts 10/1...Iraq can only change their rate at the begging of a new fiscal period...That's why the (White Paper) reforms are linked to a budget (require funding). The HCL is a REFORM (oil payments to citizens) that requires budget funding. Iraq 's current constitution only goes to article 139, they have to amend the constitution and add both HCL & ARTICLE 140 to it. Both 140 & HCL have been approved since 2005 and cant be implemented until the rate changes. Those are some of the WHITE PAPER REFORMS waiting on the rate change budget approval for the 2nd half of their year... If Iraq doesn't Change their rate in September, then were waiting until March of next year.
8-10-2020 Newshound Guru Pimpy Article: "The second round of strategic dialogue between Ira and America will start soon, amid Suni-Kurdish support" Quote: "Kurdistan region of Iraq are awaiting the results of the second round of strategic dialogue negotiations between Iraq and the United States which is scheduled finally for August 20th..." If you think about this, this is towards the end of August...then they will have the rest of September, all of October and then elections the first couple of days in November. Man if I was Trump, if I wanted to make some people very very happy and you wanted to give some kind of boost to economies around the world, I could think of a way...how about we just reinstate that $3.22 right there. I would love to see that...
8-10-2020 Intel Guru MarkZ No bad news over the weekend…still quiet…The redemption center side...Everything is hushed and I think that is a very good sign. Hopefully we will see some real movement.
8-10-2020 Newshound Guru Pimpy Article: "Deputy: The economic file will be part of Al-Kazemi's visit to the White House" Good. Because I know what you're thinking. Why don't they just go ahead and change the rate? I'm sure that'll be a pretty big boost don't you think? I surely do. Quote: '...the economic file will be part of the files that the Prime Minister Al-Kazemi will discuss during his visit to the White House next week.' ...I'm sure one of the things that Al-Kazemi is going to be saying to him is 'look we need to do infrastructure . We don't have scabbily right now. We're going to be starting from square one and we need some kind of help. A big help for us would be for you to once again recognize our sovereignty and then please remove the restrictions off our currency and let us reinstate our rate so that we can start importing all the supplies we need to do infrastructure.' Man I am so waiting for that announcement...
8-10-2020 Intel Guru Footforward [Does the dong and the dinar have to go at the same time? Could they go months apart or even years apart?] they don't "have to" go together. It's better if they do. Easier if they do. They would likely be weeks or months apart if they don't go together. Not years. In my opinion. ...It's been the plan for a long time for them to go together.
8-9-2020 Intel Guru RayRen98 The Economic File will be the largest file PM Al-Kadhimi discusses with Pres. Trump in Washington on August 20. The Iraqi news is saying they are hoping great successes from the meeting in Washington. Thousands of protestors have blocked all entrances to the green zone and demanding their rights. They are now saying that Al-Kadhimi needs to do the economic reforms now!
8-9-2020 Newshound Guru Kaperoni ...There is no random act. Monetary policy is earned and that means Iraq needs to pass laws open their economy and prosper for their currency to appreciate. ...I'll say it again, if Iraq has any intent to make the dinar equal to the dollar as some kind of overnight event as the guru's say, it will be a neutral event/LOP. That is the only way they could do such a thing with 42+ trillion in circulation. Not what we want to see happen.
8-9-2020 Newshound Guru Vic [Do you still like the Dinar as an investment?] Yes!...The IQD is very precious, do not GET RID OF YOURS!... I've been saying for awhile that Brexit and Basel lll must be met prior to this going down! Now since then the CV19 issue! Set back Brexit, you all heard what the PREZ., said about Income Tax! UK & USA both need MONEY$$$! The Gold price just shot past 2 Grand! 3 grand is coming! That means USD has dropped in value! So, with that said what do you think both countries need? A shot of Whiskey or a GOOD Shot of IQD!!! When? I think it's a matter of some/ a few issues that need be cleared up.
8-9-2020 Newshound Guru Pimpy Article: "Parliament reveals: The draft budget for 2021 will be ready this month" This ought to be very very interesting...there are many people who believe in this budget is the rate change...this is good. Let's get it out of the way. Seriously, let's get in there early. Let's get it voted on. Let's get it reviewed so there's no more excused and there's no delays. That would really be a huge step if Iraq could this time around get their budget in ahead of time to be discussed and voted on...everything is looking good...
8-9-2020 Newshound Guru Kaperoni ...There is no random act. Monetary policy is earned and that means Iraq needs to pass laws open their economy and prosper for their currency to appreciate. ...I'll say it again, if Iraq has any intent to make the dinar equal to the dollar as some kind of overnight event as the guru's say, it will be a neutral event/LOP. That is the only way they could do such a thing with 42+ trillion in circulation. Not what we want to see happen.
8-9-2020 Newshound Guru Vic [Do you still like the Dinar as an investment?] Yes!...The IQD is very precious, do not GET RID OF YOURS!... I've been saying for awhile that Brexit and Basel lll must be met prior to this going down! Now since then the CV19 issue! Set back Brexit, you all heard what the PREZ., said about Income Tax! UK & USA both need MONEY$$$! The Gold price just shot past 2 Grand! 3 grand is coming! That means USD has dropped in value! So, with that said what do you think both countries need? A shot of Whiskey or a GOOD Shot of IQD!!! When? I think it's a matter of some/ a few issues that need be cleared up.
8-9-2020 Newshound Guru Pimpy Article: "Parliament reveals: The draft budget for 2021 will be ready this month" This ought to be very very interesting...there are many people who believe in this budget is the rate change...this is good. Let's get it out of the way. Seriously, let's get in there early. Let's get it voted on. Let's get it reviewed so there's no more excused and there's no delays. That would really be a huge step if Iraq could this time around get their budget in ahead of time to be discussed and voted on...everything is looking good...
8-8-2020 Intel Guru Footforward It's my opinion this is done...But I'm not watching Iraq. This is bigger then Iraq. Iran is the problem. And they are being hit very hard...I'm not looking for another sign. I feel we have enough to know this is done...
8-8-2020 Intel Guru Mike Cottrell [Do you believe the Federal Reserve needs to be abolished and the Gold Standard has to be in place before the RV can occur?] The Federal Reserve has already been wrapped into the Treasury. And the Gold Standard happens at the RV…same time.
8-8-2020 Newshound Guru Jeff ...Iraq is not gonna stay pegged just to the dollar after the rate change. That is too unstable...as of November 2017...they un-pegged from the dollar and re-pegged to a currency assortment basket...that means the rate is going to be greater than a dollar. I'm not giving you a rate I'm just telling you greater than a dollar...they are pegged to a secret basket. It's the highest valued basket in the world...
8-8-2020 Intel Guru RayRen98 A CALL/EXCHANGE CENTER EMPLOYEE IN NC WAS WORKING LATE LAST EVENING AND APPEARED TO BE EXCITED ABOUT OUR FUTURE.
8-8-2020 Intel Guru Mike Cottrell [Do you believe the Federal Reserve needs to be abolished and the Gold Standard has to be in place before the RV can occur?] The Federal Reserve has already been wrapped into the Treasury. And the Gold Standard happens at the RV…same time.
8-8-2020 Newshound Guru Jeff ...Iraq is not gonna stay pegged just to the dollar after the rate change. That is too unstable...as of November 2017...they un-pegged from the dollar and re-pegged to a currency assortment basket...that means the rate is going to be greater than a dollar. I'm not giving you a rate I'm just telling you greater than a dollar...they are pegged to a secret basket. It's the highest valued basket in the world...
8-8-2020 Intel Guru RayRen98 A CALL/EXCHANGE CENTER EMPLOYEE IN NC WAS WORKING LATE LAST EVENING AND APPEARED TO BE EXCITED ABOUT OUR FUTURE.
8-7-2020 Intel Guru Bruce [via WiserNow] This is getting down to the wire – we’ve got a little bit of intel...it’s been very very quiet today... I’m going to say – don’t write off this weekend - we heard last week it could be a weekend event -
I think it’s possible but not absolute that we get something moving for us over this weekend...
8-7-2020 Intel Guru MarkZ The last update from redemption centers is they expected to work this weekend... [Did the Iraqi PM beg the US for an RV rate?] I can’t prove that but we do have a key date to look for…a bit farther out then we thought…but the PM has announced he will be in the US on Aug. 20th.
8-7-2020 Newshound/Intel Guru Mnt Goat [...what is the real reason it has not ri/rv. Is education the real reason an if so why has it not started...] education is not the reason why it has not RV'd. Education has to be done to give us a que that it is about to happen. ...We wait and watch...
8-7-2020 Newshound Guru Jeff Article: "Likelihood of concluding an agreement on oil and border crossings between Baghdad and Erbil" ...Remember I told you this is our main thing that the rate change is waiting on...in my strongest opinion Iraq will have the agreement completely done by the end of September...they're telling us next week they're going to try to reach an agreement. I disagree. I don't think the agreement will be reached until September...
8-7-2020 Newshound Guru Kaperoni The only way the Iraqi dinar will go up in value is when Iraq passes the proper legislation to invite foreign investment and Iraq's economy opens up to the global investment. Only with the success of the economy will the dinar begin to rise.
8-7-2020 Newshound Guru Pimpy Article: "Determine the date for Al-Kazimi's visit to the Untied States". Quote "On the 20th of this month Prime Minister Al-Kazimi meets with President Trump in Washington." Yay! Do the pee-pee dance!
8-7-2020 Newshound Guru Jeff ...The end of September finishes the first half of their [Iraq's] current fiscal year and 10-1 October starts the second half. So IF, I'm not saying they will, I'm saying IF they're going to change the rate at all in the year of 2020 it has to happen at the end of September. Otherwise if it's not going to happen this year we're probably most likely going to be waiting until around the start of their next fiscal year which would be...around the end of March. Those are just opinions. Opinions don't mean anything until these facts come to fruition. We've got to see Baghdad and Kurdistan reach a comprehensive agreement. That is a "must" and a requirement... [Reference Guru Jeff's Post 8-6-2020]
I think it’s possible but not absolute that we get something moving for us over this weekend...
8-7-2020 Intel Guru MarkZ The last update from redemption centers is they expected to work this weekend... [Did the Iraqi PM beg the US for an RV rate?] I can’t prove that but we do have a key date to look for…a bit farther out then we thought…but the PM has announced he will be in the US on Aug. 20th.
8-7-2020 Newshound/Intel Guru Mnt Goat [...what is the real reason it has not ri/rv. Is education the real reason an if so why has it not started...] education is not the reason why it has not RV'd. Education has to be done to give us a que that it is about to happen. ...We wait and watch...
8-7-2020 Newshound Guru Jeff Article: "Likelihood of concluding an agreement on oil and border crossings between Baghdad and Erbil" ...Remember I told you this is our main thing that the rate change is waiting on...in my strongest opinion Iraq will have the agreement completely done by the end of September...they're telling us next week they're going to try to reach an agreement. I disagree. I don't think the agreement will be reached until September...
8-7-2020 Newshound Guru Kaperoni The only way the Iraqi dinar will go up in value is when Iraq passes the proper legislation to invite foreign investment and Iraq's economy opens up to the global investment. Only with the success of the economy will the dinar begin to rise.
8-7-2020 Newshound Guru Pimpy Article: "Determine the date for Al-Kazimi's visit to the Untied States". Quote "On the 20th of this month Prime Minister Al-Kazimi meets with President Trump in Washington." Yay! Do the pee-pee dance!
8-7-2020 Newshound Guru Jeff ...The end of September finishes the first half of their [Iraq's] current fiscal year and 10-1 October starts the second half. So IF, I'm not saying they will, I'm saying IF they're going to change the rate at all in the year of 2020 it has to happen at the end of September. Otherwise if it's not going to happen this year we're probably most likely going to be waiting until around the start of their next fiscal year which would be...around the end of March. Those are just opinions. Opinions don't mean anything until these facts come to fruition. We've got to see Baghdad and Kurdistan reach a comprehensive agreement. That is a "must" and a requirement... [Reference Guru Jeff's Post 8-6-2020]
8-6-2020 Intel Guru MarkZ [via PDK] [Any change in rates?] No change in rate rumors lately. Still hearing .45-.50 cents street rate on the Dong with a contract rate at $2+. And for the Dinar still hearing between $3.70 to $3.90 for a street rate and the contract rate at $8+.
8-6-2020 Intel Guru Frank26 ...Trump does not require Kazemi to come to the United States...before the new exchange rate is released. In fact it would be best if Kazemi stay and continues the removal of any Iranian influences in the GOI. The visit to the Unite States of America may no longer be required...the dream meeting will still take place IMO after Donald Trump says Iraq is sovereign...the meeting is coming and it is for the purpose of making the announcement of their new exchange rate to the citizens of Iraq.
8-6-2020 Newshound/Intel Guru Mnt Goat Article: "IRAQ IS THE SIXTH ARAB IN FOREIGN CURRENCY RESERVES" So we were told before this crisis that Iraq had over 70 billion in reserves. We have been told that the reserves would not be used in this crisis to pay the bills since oil dropped so low. So why are the reserves now depleted by close to 20 billion? I think what we are being told in the news is not accurate. The lies always come out later. Were these lies just for American dinar investors? So the CBI is dangerously close to now having the minimum “safe” reserves needed by the IMF. I can tell you this will stop any reinstatement and revaluation.
8-6-2020 Newshound Guru Jeff ...Kurdistan and Baghdad have to resolve their difference and reach a comprehensive agreement. They don't have stability without that. They've got to be able to work together and have achieved stability before the Trump Administration will allow them to go International. That's why the U.S. government came out saying, 'Hey, we the U.S. support a comprehensive agreement between Baghdad and Kurdistan.' The U.S. is telling you they've got to have that before they'll allow them to go International...
8-6-2020 Intel Guru MarkZ [via PDK] ...Silence coming out of banking centers…is it a gag order? Are they trying to control information? The silence is deafening. The only information I am getting is from redemption centers…..my contacts there think that this weekend there is a strong possibility of this all going.
8-6-2020 Newshound Guru Pimpy ...right now the Iraqi dinar is not an acceptable or recognizable international currency...you can't go into your bank and exchange it like you can a lot of other currencies because there's restrictions on it right now...We need Iraq to be a sovereign nation...they're not. That's why you see the government constantly saying they want to try to get their sovereignty recognized again...to be a sovereign nation of course you have to have your own currency. We need them to have their sovereignty restored and then the restriction moved off the currency for it to be accepted. I'd love to see them on the Forex that's for sure. Once that happens you should be able to go into your local bank...
8-6-2020 Newshound/Intel Guru Petra ...They are making all the right moves. They are making the right plays. The World Bank, the IMF and the Fab 4 are completely happy with what they're seeing. I'm hoping the go signal has been given...obviously we don't know. That's pure speculation...all this stuff is just lining up...to me with all of this being done we're down to timing...the world is ready. The world needs it. Iraq certainly needs it. The fact that Kazemi is talking about a sovereign state - We're just right there...
8-6-2020 Newshound Guru Jeff Article: "The Compensation resulting from Iraqs invasion of Kuwait amounted to 177 billion dollars" This article further confers that as of this year they will be satisfying all their financial obligation and war reparations to the country of Kuwait...
8-6-2020 Intel Guru Frank26 ...everything about the reinstatement of the dinar was done by the United States Treasury. It's all well calculated for the reinstatement of the currency of Iraq at 1 to 1...oh my goodness the timing. They're about to introduce the 100...
8-6-2020 Intel Guru Frank26 ...Trump does not require Kazemi to come to the United States...before the new exchange rate is released. In fact it would be best if Kazemi stay and continues the removal of any Iranian influences in the GOI. The visit to the Unite States of America may no longer be required...the dream meeting will still take place IMO after Donald Trump says Iraq is sovereign...the meeting is coming and it is for the purpose of making the announcement of their new exchange rate to the citizens of Iraq.
8-6-2020 Newshound/Intel Guru Mnt Goat Article: "IRAQ IS THE SIXTH ARAB IN FOREIGN CURRENCY RESERVES" So we were told before this crisis that Iraq had over 70 billion in reserves. We have been told that the reserves would not be used in this crisis to pay the bills since oil dropped so low. So why are the reserves now depleted by close to 20 billion? I think what we are being told in the news is not accurate. The lies always come out later. Were these lies just for American dinar investors? So the CBI is dangerously close to now having the minimum “safe” reserves needed by the IMF. I can tell you this will stop any reinstatement and revaluation.
8-6-2020 Newshound Guru Jeff ...Kurdistan and Baghdad have to resolve their difference and reach a comprehensive agreement. They don't have stability without that. They've got to be able to work together and have achieved stability before the Trump Administration will allow them to go International. That's why the U.S. government came out saying, 'Hey, we the U.S. support a comprehensive agreement between Baghdad and Kurdistan.' The U.S. is telling you they've got to have that before they'll allow them to go International...
8-6-2020 Intel Guru MarkZ [via PDK] ...Silence coming out of banking centers…is it a gag order? Are they trying to control information? The silence is deafening. The only information I am getting is from redemption centers…..my contacts there think that this weekend there is a strong possibility of this all going.
8-6-2020 Newshound Guru Pimpy ...right now the Iraqi dinar is not an acceptable or recognizable international currency...you can't go into your bank and exchange it like you can a lot of other currencies because there's restrictions on it right now...We need Iraq to be a sovereign nation...they're not. That's why you see the government constantly saying they want to try to get their sovereignty recognized again...to be a sovereign nation of course you have to have your own currency. We need them to have their sovereignty restored and then the restriction moved off the currency for it to be accepted. I'd love to see them on the Forex that's for sure. Once that happens you should be able to go into your local bank...
8-6-2020 Newshound/Intel Guru Petra ...They are making all the right moves. They are making the right plays. The World Bank, the IMF and the Fab 4 are completely happy with what they're seeing. I'm hoping the go signal has been given...obviously we don't know. That's pure speculation...all this stuff is just lining up...to me with all of this being done we're down to timing...the world is ready. The world needs it. Iraq certainly needs it. The fact that Kazemi is talking about a sovereign state - We're just right there...
8-6-2020 Newshound Guru Jeff Article: "The Compensation resulting from Iraqs invasion of Kuwait amounted to 177 billion dollars" This article further confers that as of this year they will be satisfying all their financial obligation and war reparations to the country of Kuwait...
8-6-2020 Intel Guru Frank26 ...everything about the reinstatement of the dinar was done by the United States Treasury. It's all well calculated for the reinstatement of the currency of Iraq at 1 to 1...oh my goodness the timing. They're about to introduce the 100...
8-5-2020 Intel Guru Bruce [via WiserNow] ...one of the sources that is extremely well connected was talking about today or tomorrow [Wednesday]...I know some things that have happened – that are continuing to go on – and one thing that happened last night – all currencies came up live on the screens last night...the only currency that was not up was the Zimbabwe Zim Dollar...You know I cannot say absolutely tomorrow [Wednesday] is our day...I think we are basically all ready to go - we know security has always been an issue...I believe that mostly that is in check now...So I am going to say at this point we are believing for this to come – fairly quickly...
8-5-2020 Intel Guru RayRen98 [Ray are we just about to cross the finish line?] IT APPEARS THAT WAY...TIME WILL TELL.
8-5-2020 Newshound Guru Pimpy What we're hoping on is Al-Khadimi to meet with the king of Saudi Arabia before he comes here. There is an agreement that I think the United States is waiting on some kind of agreement between the two countries where Saudi Arabia is going to help Iraq financially but there are some things they need to hammer out. So I'm watching for those 2 to happen [Kurdistan agreement and Saudi Arabia visit] before Al-Khadimi comes here... something tells me something big is going to happen this month...
8-5-2020 Intel Guru MarkZ [via PDK] In Iraq they are still continuing to educate the people there and to get as much currency off the streets as they can. Everything is pretty quiet from banking centers….they have done a good job with “gag orders”. The way I look at it is there is such a tremendous push to keep people quiet...any news we are getting right now may be things like misinformation they are feeding us on purpose…I’m trying to watch the actual banking process so I don’t deal with the rumors…I did touch base with a redemption center contact who believes they will be working this weekend. I am not looking for today…but think its doggone soon.
8-5-2020 Intel Guru Frank26 So this rare event, this large volume is not just one payment but a multiple of times? Are all the payments coming to the United States of America? Don't know but IMO Iraq is making huge movement of their currency and we started studying that about 3 weeks ago...they have been moving IQD amounts electronically through the Iraqi Stock Exchange for some time now...IMO when the reinstatement of the currency of Iraq comes about the world has to be ready for it. That's what this large volume is doing - preparing the world for the reinstatement of the Iraqi dinar. [Post 2 of 2]
8-5-2020 Intel Guru Frank26 There have been large amounts of volume of the Iraqi dinar that are moving globally internationally...I believe that what the CBI is doing is that it's seeding many banks around the world that are mirrored with the CBI banks...we believe these banks have samples of the Iraqi dinar and the banks inside of Iraq have the new small categories ready to be distributed...this large volume is unprecedented especially when it's at a program rate that is worth nothing. Why would other countries be interested in accepting and receiving platforms, PLATFORMS, volumes of a worthless Iraqi dinar? It's highly possible...that it's a form of payment...this payment was coming to the United States of America...we thought it was 1 payment. It turns out IMO it's multiple payments. [post 1 of 2....stay tuned]
8-5-2020 Newshound Guru Militiaman ...this last bit of timing, the convergence of all the the economic stuff that's been happening globally, I have to say that I really wasn't a proponent of this global evolution. I really wasn't. But now I'm starting to see things a little more clearly. It is more a global situation. It's not in my view just about any one country. It's about a few or many. And I think it's all coming together because of these circumstances we find ourselves in economically...there is some really powerful stuff that's coming out lately and I think we're seeing that...when you're talking about money you're talking about prestige. You're talking about sovereignty. You're talking about currency and that's where we are...it's beautiful...I think these guys are timing things...I think short term. I Just don't see it any other way at the moment...
8-5-2020 Newshound/Intel Guru Petra ...they're definitely following a playbook. Now it's down to execution of that playbook and the timing is there...central banks - we know they are aware of what's going on. I think now it's down to a timing issue. I think they've done all the checks they've needed to check...I think our study is coming to a close...
8-5-2020 Intel Guru Frank26 ...Iraq is a sovereign country. The President of the United States of America is about to make that announcement...IMO...
8-5-2020 Intel Guru RayRen98 [Ray are we just about to cross the finish line?] IT APPEARS THAT WAY...TIME WILL TELL.
8-5-2020 Newshound Guru Pimpy What we're hoping on is Al-Khadimi to meet with the king of Saudi Arabia before he comes here. There is an agreement that I think the United States is waiting on some kind of agreement between the two countries where Saudi Arabia is going to help Iraq financially but there are some things they need to hammer out. So I'm watching for those 2 to happen [Kurdistan agreement and Saudi Arabia visit] before Al-Khadimi comes here... something tells me something big is going to happen this month...
8-5-2020 Intel Guru MarkZ [via PDK] In Iraq they are still continuing to educate the people there and to get as much currency off the streets as they can. Everything is pretty quiet from banking centers….they have done a good job with “gag orders”. The way I look at it is there is such a tremendous push to keep people quiet...any news we are getting right now may be things like misinformation they are feeding us on purpose…I’m trying to watch the actual banking process so I don’t deal with the rumors…I did touch base with a redemption center contact who believes they will be working this weekend. I am not looking for today…but think its doggone soon.
8-5-2020 Intel Guru Frank26 So this rare event, this large volume is not just one payment but a multiple of times? Are all the payments coming to the United States of America? Don't know but IMO Iraq is making huge movement of their currency and we started studying that about 3 weeks ago...they have been moving IQD amounts electronically through the Iraqi Stock Exchange for some time now...IMO when the reinstatement of the currency of Iraq comes about the world has to be ready for it. That's what this large volume is doing - preparing the world for the reinstatement of the Iraqi dinar. [Post 2 of 2]
8-5-2020 Intel Guru Frank26 There have been large amounts of volume of the Iraqi dinar that are moving globally internationally...I believe that what the CBI is doing is that it's seeding many banks around the world that are mirrored with the CBI banks...we believe these banks have samples of the Iraqi dinar and the banks inside of Iraq have the new small categories ready to be distributed...this large volume is unprecedented especially when it's at a program rate that is worth nothing. Why would other countries be interested in accepting and receiving platforms, PLATFORMS, volumes of a worthless Iraqi dinar? It's highly possible...that it's a form of payment...this payment was coming to the United States of America...we thought it was 1 payment. It turns out IMO it's multiple payments. [post 1 of 2....stay tuned]
8-5-2020 Newshound Guru Militiaman ...this last bit of timing, the convergence of all the the economic stuff that's been happening globally, I have to say that I really wasn't a proponent of this global evolution. I really wasn't. But now I'm starting to see things a little more clearly. It is more a global situation. It's not in my view just about any one country. It's about a few or many. And I think it's all coming together because of these circumstances we find ourselves in economically...there is some really powerful stuff that's coming out lately and I think we're seeing that...when you're talking about money you're talking about prestige. You're talking about sovereignty. You're talking about currency and that's where we are...it's beautiful...I think these guys are timing things...I think short term. I Just don't see it any other way at the moment...
8-5-2020 Newshound/Intel Guru Petra ...they're definitely following a playbook. Now it's down to execution of that playbook and the timing is there...central banks - we know they are aware of what's going on. I think now it's down to a timing issue. I think they've done all the checks they've needed to check...I think our study is coming to a close...
8-5-2020 Intel Guru Frank26 ...Iraq is a sovereign country. The President of the United States of America is about to make that announcement...IMO...
8-4-2020 Newshound Guru Pimpy ...there is a lot of activity happening around the world. What I'm seeing, what I'm starting to realize is this is the last ditch effort of the so-called deep state trying to figure out what they need to do to stay in control. You could see it everywhere...Al-Kazemi, what he's doing is against everything the deep state wants him to do. He is literally removing all the so-called deep state players out of Iraq. This is not fictitious. It's actually happening. He's actually pressing charges against these senior political figures...all these Iranian backed puppets...
8-4-2020 Intel Guru Delta Question: "Do you think the banks have this [100 dinar note now showing on the CBI]?" ...probably not this one. But it's very interesting...we all know that the CBI they're about to come out with the explanation - the details...I was dying to see something like this...it's was very interesting for me to see proof that yes they did have 100 dinar notes...this was exactly printed out at the same time when they printed all currency that we have...for you to see something like that is really very nice and very interesting and very telling...we've got the proof that they had them...that gives indication that this is coming out...we're really close for us to see exactly what they're trying to do...we expected something like this but...like I said I was just dying to see something like that especially the one that we never had before like the 100 note. That's amazing...
8-4-2020 Intel Guru Frank26 It's very obvious it's almost like what the international global world is doing right now with the Iraqi dinar. They're treating it like it's an international currency already...we all know what's going on with the dinar thank you very much but now thank you very much again for another reason to hold onto the truth that your currency is valued more than what you're telling everybody electronically and soon it will be physically because guess what sucker? You brought out some physical evidence. This 100 note. We're not stupid...this was unexpected but it was not a surprise. [Post 2 of 2]
8-4-2020 Intel Guru Frank26 When the exchange rate changes, oh my goodness we're going to need the 100...to see this out, that's interesting...my friends...in Iraq, they tell me that the only thing that they use is from a 1000 dinars up. They don't have no 500, they don't have no 250. They don't have no 100...it's because of the exchange rate. I'm curious...are they talking about handing it out? Why would you talk about the fact that it's [the 100 note] available? ...it's another telltale sign. [Post 1 of 2....stay tuned]
8-4-2020 Intel Guru MarkZ [via PDK] There was more people in place and arriving in banking centers on Monday... It’s nice to have more people in place in the banking centers again…and they are all braving Covid...because they have great expectations that this is actually “it”. I have a couple of really good contacts there at redemption centers…They are still on “stand-by” and “high alert”...
8-4-2020 Newshound/Intel Guru Mnt Goat Where do we stand with the revaluation of the Iraqi dinar? ...It is the CBI that has to initiate the process from the top and then the US and the IMF that must go through the signoff process to allow them to go ahead. ...Let us all take a deep breath and just relax. The CBI is still contemplating the “project to delete the zeros” and this is a FACT. I have heard the CBI has ordered the printing of much more of the new 100 dinar notes. We know these notes were previously printed but not in sufficient quantities. So why print more now if not planning something?... Why are these 100 notes important? ...remember there is preparation to reinstate as the revaluation within Iraq comes first and the coins and these notes must be launched at about the same time or just prior. So, we look for signs and we know these 100 notes and coins are important steps in the process.
8-4-2020 Intel Guru Frank26 ...please do not be misled by the things that you see parliament say to you. Only pay attention to what Kazemi says...
8-4-2020 Newshound Guru Militiaman The amount of things coming together seem to be very supportive for them to expose to the world an international rate...with Iran about to collapse, potential educational tools, 100 note being shown, the tireless effort by Kazemi the Prime Minister in respect to the "white paper" speaking of sovereignty and prestige too. All about the money. The glory days are prestige and would reflect the sovereignty IMO...
8-4-2020 Newshound/Intel Guru Petra ...The quietness of the CBI at this point in time tells me something is coming...our focus is strictly on the CBI and what Allawi, what Allaq and his team and Shabibi have to say and not the parliament. But they did make a statement about revaluing and that is going to force the CBI's hand to participate in responding to that statement...I think we're in an exciting time.
8-4-2020 Intel Guru Delta Question: "Do you think the banks have this [100 dinar note now showing on the CBI]?" ...probably not this one. But it's very interesting...we all know that the CBI they're about to come out with the explanation - the details...I was dying to see something like this...it's was very interesting for me to see proof that yes they did have 100 dinar notes...this was exactly printed out at the same time when they printed all currency that we have...for you to see something like that is really very nice and very interesting and very telling...we've got the proof that they had them...that gives indication that this is coming out...we're really close for us to see exactly what they're trying to do...we expected something like this but...like I said I was just dying to see something like that especially the one that we never had before like the 100 note. That's amazing...
8-4-2020 Intel Guru Frank26 It's very obvious it's almost like what the international global world is doing right now with the Iraqi dinar. They're treating it like it's an international currency already...we all know what's going on with the dinar thank you very much but now thank you very much again for another reason to hold onto the truth that your currency is valued more than what you're telling everybody electronically and soon it will be physically because guess what sucker? You brought out some physical evidence. This 100 note. We're not stupid...this was unexpected but it was not a surprise. [Post 2 of 2]
8-4-2020 Intel Guru Frank26 When the exchange rate changes, oh my goodness we're going to need the 100...to see this out, that's interesting...my friends...in Iraq, they tell me that the only thing that they use is from a 1000 dinars up. They don't have no 500, they don't have no 250. They don't have no 100...it's because of the exchange rate. I'm curious...are they talking about handing it out? Why would you talk about the fact that it's [the 100 note] available? ...it's another telltale sign. [Post 1 of 2....stay tuned]
8-4-2020 Intel Guru MarkZ [via PDK] There was more people in place and arriving in banking centers on Monday... It’s nice to have more people in place in the banking centers again…and they are all braving Covid...because they have great expectations that this is actually “it”. I have a couple of really good contacts there at redemption centers…They are still on “stand-by” and “high alert”...
8-4-2020 Newshound/Intel Guru Mnt Goat Where do we stand with the revaluation of the Iraqi dinar? ...It is the CBI that has to initiate the process from the top and then the US and the IMF that must go through the signoff process to allow them to go ahead. ...Let us all take a deep breath and just relax. The CBI is still contemplating the “project to delete the zeros” and this is a FACT. I have heard the CBI has ordered the printing of much more of the new 100 dinar notes. We know these notes were previously printed but not in sufficient quantities. So why print more now if not planning something?... Why are these 100 notes important? ...remember there is preparation to reinstate as the revaluation within Iraq comes first and the coins and these notes must be launched at about the same time or just prior. So, we look for signs and we know these 100 notes and coins are important steps in the process.
8-4-2020 Intel Guru Frank26 ...please do not be misled by the things that you see parliament say to you. Only pay attention to what Kazemi says...
8-4-2020 Newshound Guru Militiaman The amount of things coming together seem to be very supportive for them to expose to the world an international rate...with Iran about to collapse, potential educational tools, 100 note being shown, the tireless effort by Kazemi the Prime Minister in respect to the "white paper" speaking of sovereignty and prestige too. All about the money. The glory days are prestige and would reflect the sovereignty IMO...
8-4-2020 Newshound/Intel Guru Petra ...The quietness of the CBI at this point in time tells me something is coming...our focus is strictly on the CBI and what Allawi, what Allaq and his team and Shabibi have to say and not the parliament. But they did make a statement about revaluing and that is going to force the CBI's hand to participate in responding to that statement...I think we're in an exciting time.
8-3-2020 Newshound/Intel Guru Petra ...to be sovereign you have to be able to stand on your own two feet. You've got to be able to support yourself...have your own currency and be able to use it internationally...to be part of the international community. Why be a sovereign country if you can't direct you own sovereigns? ...so you have to be able to stand on your own two feet. I think the fact that they are basically saying they are sovereign tells us they are ready to go...
8-3-2020 Newshound Guru Militiaman ...it's quiet. Why is it quiet? ...we should see something...from the CBI in a very short period of time...
8-3-2020 Intel Guru MarkZ [via PDK] We saw so many players, attorneys, and folks involved in different payment centers all over the globe travel to be in place…they have great expectation. Dates and rates can drive us all nuts but they are certainly back in position. Many of these people have stated they would not travel again until it was imminent. And they were traveling over the weekend. ...The Iraqi minister is finally supposed to be in DC this week. He was supposed to be here a few weeks ago…but was delayed while stuff got done. I am hearing he will be in DC or New York tomorrow afternoon. Everyone needs to stay calm as we watch this roll out…Many people are telegraphing how close we are...
8-3-2020 Intel Guru Footforward ...I would strongly suggest that it's becoming clear that the RV is going to happen on a Thursday...Thursday makes the most sense to me on every level possible...
8-3-2020 Newshound Guru Pimpy I'm feeling really good that something is going to happen this summer. No, I don't have anything to prove that. I'm just saying I'm feeling really good based on what I'm seeing.
8-3-2020 Newshound Guru Militiaman ...it's quiet. Why is it quiet? ...we should see something...from the CBI in a very short period of time...
8-3-2020 Intel Guru MarkZ [via PDK] We saw so many players, attorneys, and folks involved in different payment centers all over the globe travel to be in place…they have great expectation. Dates and rates can drive us all nuts but they are certainly back in position. Many of these people have stated they would not travel again until it was imminent. And they were traveling over the weekend. ...The Iraqi minister is finally supposed to be in DC this week. He was supposed to be here a few weeks ago…but was delayed while stuff got done. I am hearing he will be in DC or New York tomorrow afternoon. Everyone needs to stay calm as we watch this roll out…Many people are telegraphing how close we are...
8-3-2020 Intel Guru Footforward ...I would strongly suggest that it's becoming clear that the RV is going to happen on a Thursday...Thursday makes the most sense to me on every level possible...
8-3-2020 Newshound Guru Pimpy I'm feeling really good that something is going to happen this summer. No, I don't have anything to prove that. I'm just saying I'm feeling really good based on what I'm seeing.
8-2-2020 Newshound Guru MilitiaMan ...The revival of the state will rely on the country having sovereignty and prestige. Both require law and order and both relate to a countries currency. They'll need to adjust their rate at some point and the pressure to do so has to be immense now. ...The laundry list of ways they can support the new currency is surely well studied now and as Nassiri has written to the PM, pointing out the road map to get where they need to be. It now looks as though the PM has full intent on following it... imo A Good thing. So lets see if the investors will accept the new platform they mentioned for the ISX this next weekend... I am sure many eyes are watching. [post 2 of 2]
8-2-2020 Newshound Guru MilitiaMan Article: "Al-Kazemi: We have worked tirelessly to prepare a comprehensive reform paper to revive the Iraqi economy and activate the industrial and agricultural sectors" The white papers will or does hold the plan and at what rate (prestige) that plan will use to stimulate the social market economy, as they now have control or full sovereignty. ...We see large USA and Foreign firms going into Iraq now and will continue; i.e., Shell, Total, Siemens, etc.. The large firms of the world would now have had the need to know key items within those white papers. Hence, there has been noted to be large sums of money movement of late. Just as we were shown there would be. [post 1 of 2....stay tuned]
8-2-2020 Newshound Guru Pimpy Article: "48 Billion dollars...a global site that reveals Iraq's reserves of hard currency" Quote "...This institution said according to the latest classification...that Iraq's reserves of hard currency, including foreign exchange and gold, reached 48 billion and 80 million dollars noting that Iraq ranked 40th with the most reserves among the 138 statistically listed countries." ...not too bad...that's like a little bit better than the middle of the pack...that's good to know. The more the better...
8-2-2020 Newshound/Intel Guru RVAlready Hoping for 800 numbers by Wednesday...this could actually be the week!
8-2-2020 Newshound Guru MilitiaMan Article: "Al-Kazemi: We have worked tirelessly to prepare a comprehensive reform paper to revive the Iraqi economy and activate the industrial and agricultural sectors" The white papers will or does hold the plan and at what rate (prestige) that plan will use to stimulate the social market economy, as they now have control or full sovereignty. ...We see large USA and Foreign firms going into Iraq now and will continue; i.e., Shell, Total, Siemens, etc.. The large firms of the world would now have had the need to know key items within those white papers. Hence, there has been noted to be large sums of money movement of late. Just as we were shown there would be. [post 1 of 2....stay tuned]
8-2-2020 Newshound Guru Pimpy Article: "48 Billion dollars...a global site that reveals Iraq's reserves of hard currency" Quote "...This institution said according to the latest classification...that Iraq's reserves of hard currency, including foreign exchange and gold, reached 48 billion and 80 million dollars noting that Iraq ranked 40th with the most reserves among the 138 statistically listed countries." ...not too bad...that's like a little bit better than the middle of the pack...that's good to know. The more the better...
8-2-2020 Newshound/Intel Guru RVAlready Hoping for 800 numbers by Wednesday...this could actually be the week!
8-2-2010 *** Dinar Guru News Update *** The Central Bank of Iraq has finally updated their market rates for the dinar. It's been nearly two and a half months since the last update. Their latest CBI officially reported market rate for the dinar for July 28th is 1238.916. This is out of the the IMF's 2% rule with the official rate. It's unknown why the CBI kept the market rate hidden all this time. It's unclear why they've decided to begin publicly updating again. It's unclear why now...is there something significant about the end of July. You can always see the CBI's latest Official and Market rates in the left bar of this page. Stay tuned as the gurus chime in on this CBI dinar rate news. The latest guru posts will continue below...
8-1-2020 Intel Guru Footforward ...There has been absolute radio silence about the dong for almost two months now. I take that as a good sign actually...it happens though. I have alot of good people. And when they all go dark on something at the same time, I'm not alarmed. I pay attention. It's a break in the pattern.
8-1-2020 Newshound Guru Kaperoni ...guru Frank26 thinks the new prime minister and CBI governor will announce a new exchange rate. Wrong. ...There is no overnight RV.
8-1-2020 Newshound/Intel Guru Mnt Goat Article: "SPECIAL FORCES SECURE THE OUTLETS COMPLETELY AND FROM FORGERY OF THE CENTRAL BANK DOCUMENTS" Quote: "President of the Border Ports Authority, Omar Al-Waeli, confirmed on Wednesday that Prime Minister Mustafa Al-Kazemi personally supervises the plan to secure the ports, which are now all secure, while pointing out that the actual measures to eradicate corruption included recycling of port workers and changing corrupt cadres." We know the Prime Minister is greatly interested in the border crossing file, and there is a real will to control it to serve the citizens with the revenue that can be generated from it.
8-1-2020 Newshound Guru MilitiaMan Article: "On Thursday, Finance Minister Ali Allawi confirmed the continuation of the application of automation and simplification of customs procedures" Quote: "...this Iraqi government will not hesitate to tackle corruption in Iraqi customs...He added, "We are proceeding with the implementation of automation and simplification of procedures as part of our broader program to reform the economy and diversify revenues" Yes, they sure are...Perfect timing too...Nothing like activating reforms and increasing revenues while tackling corruption along the way.
8-1-2020 Newshound Guru Pimpy ...man somebody is trying to score some major major brownie points with the United Nations. Our boy Al-Kazemi is not playing around...it's nice to see when people actually get in government and care more about the people instead of themselves... Al-Kazemi Speech quote "..we have worked tirelessly to work on a comprehensive reform paper called "the white paper" that will revive the Iraqi economy, solve financial crisis...activate agriculture and industrial production, introduce projects to address these crisis and our unemployed youth, revive the market and put Iraq economy on the right track by stopping the waste and exploitation of the public money..." Now there are a lot of people who really believe that the rate change is in the white paper. But my thing is when is this "white paper" going to be implemented if that's the case? ...it looks like things are going in the right direction...
8-1-2020 Newshound Guru Adam Montana Article: "Al-Kazemi's visits to Riyadh and Washington were not canceled" Quote: "...tours of Prime Minister Mustafa Al-Kazemi of the Kingdom of Saudi Arabia, and the United States of America, existed and were not canceled."
8-1-2020 Newshound Guru Kaperoni ...guru Frank26 thinks the new prime minister and CBI governor will announce a new exchange rate. Wrong. ...There is no overnight RV.
8-1-2020 Newshound/Intel Guru Mnt Goat Article: "SPECIAL FORCES SECURE THE OUTLETS COMPLETELY AND FROM FORGERY OF THE CENTRAL BANK DOCUMENTS" Quote: "President of the Border Ports Authority, Omar Al-Waeli, confirmed on Wednesday that Prime Minister Mustafa Al-Kazemi personally supervises the plan to secure the ports, which are now all secure, while pointing out that the actual measures to eradicate corruption included recycling of port workers and changing corrupt cadres." We know the Prime Minister is greatly interested in the border crossing file, and there is a real will to control it to serve the citizens with the revenue that can be generated from it.
8-1-2020 Newshound Guru MilitiaMan Article: "On Thursday, Finance Minister Ali Allawi confirmed the continuation of the application of automation and simplification of customs procedures" Quote: "...this Iraqi government will not hesitate to tackle corruption in Iraqi customs...He added, "We are proceeding with the implementation of automation and simplification of procedures as part of our broader program to reform the economy and diversify revenues" Yes, they sure are...Perfect timing too...Nothing like activating reforms and increasing revenues while tackling corruption along the way.
8-1-2020 Newshound Guru Pimpy ...man somebody is trying to score some major major brownie points with the United Nations. Our boy Al-Kazemi is not playing around...it's nice to see when people actually get in government and care more about the people instead of themselves... Al-Kazemi Speech quote "..we have worked tirelessly to work on a comprehensive reform paper called "the white paper" that will revive the Iraqi economy, solve financial crisis...activate agriculture and industrial production, introduce projects to address these crisis and our unemployed youth, revive the market and put Iraq economy on the right track by stopping the waste and exploitation of the public money..." Now there are a lot of people who really believe that the rate change is in the white paper. But my thing is when is this "white paper" going to be implemented if that's the case? ...it looks like things are going in the right direction...
8-1-2020 Newshound Guru Adam Montana Article: "Al-Kazemi's visits to Riyadh and Washington were not canceled" Quote: "...tours of Prime Minister Mustafa Al-Kazemi of the Kingdom of Saudi Arabia, and the United States of America, existed and were not canceled."
7-31-2020 Intel Guru Bruce [via WiserNow] So first of all – guess what happened on Wednesday morning...we had the re-evaluation of the Iraqi dinar as international – in other words – their rate was posted internationally but NOT available yet here in the US – we are not going to see the rate evidently for maybe a few more days - we’re thinking Monday at this point...So – we are looking for that to show but it may not show until Monday or possibly Tuesday... it sounds like it’s going to be a great week next week.
7-31-2020 Newshound Guru MilitiaMan Article: "Parliamentary Finance: The salaries of employees are insured according to the Borrowing Law" I recall the borrowing law had stipulations that required changes... Lets see what they do... Imo there is something afoot.. now.. They have new new instructions or orders if you will.. Oh ya.. imo
7-31-2020 Newshound Guru Pimpy ...there's some very interesting news. Actually conflicting news - it's what's so funny. Good news and I'm not so sure news. Article: "An official in the Prim Minister's office reveal the fact that Al-Kazemi will go to Washington next week". Or will he? Then you get to the next paragraph quote "the official who preferred not to be named said in the interview the information and news that spoke about Al-Kazemi's travel to the United States of America is inaccurate so as of this time no date has been fixed for this up and coming meeting." Either he's coming or he's not. We got conflicting news. We'll keep an eon on whether there is another story...
7-31-2020 Newshound Guru Adam Montana Article: "The suspension of official working hours in Kurdistan 5 days, starting from Friday" I'm hearing rumors (from people I actually listen to rumors from) that this "holiday" may be less of a holiday than usual. Perhaps it's a strategic pause in the usual updates from Parliament, and it will culminate with something big.
7-31-2020 Intel Guru MarkZ Live from Punxatawney…No real news- everybody is gagged...its dead silent everywhere...Silence is good…There could be a tremendous amount going on right now …Don’t think of silence as meaning nothing is happening…take it to mean there is good, very tight security.
7-31-2020 Intel Guru Frank26 When we see Kazemi and the CBI go to Washington D.C. it's a big alarm...When they return to Iraq they will announce the new exchange rate. The things Trump is looking for - did you lessen the use of the American dollar in your country Iraq? Did you stop funneling American dollars to Iran through your auctions? These two questions are the last two components of the monetary reform...Trumps demands are being met. The Iraqi citizens know this...Trump would meet with Kazemi and the CBI if these benchmark assurances were kept. Trumps fingerprints are all over what you are seeing right now.
7-31-2020 Newshound Guru MilitiaMan Article: "Iraqi government implements wide-ranging security and other measures to secure border crossings" I like the Past Tense component in this article. I also want to reiterate White Papers are a work in progress and develop and change over time... They have apparently secured the borders and are actively increasing revenues and put the corrupt on notice. WE...read where they have 70 billion Dinars worth a month. The
re instate that number is going to explode... imo...
7-31-2020 Intel Guru MarkZ [...could you touch on taxes for rv?...] Because we expect the entire Tax structure to change - nobody really knows…we just can make our best guess. Having talked to someone in the stream who has a tremendous background in taxes for over 40 years…their belief is there will be no federal taxes but quite possibly there will be state taxes. I am planning on both...just in case…but honestly I think there won’t be any taxes on it. [NOTE: Other gurus feel this will be taxed as ordinary income. Ultimately the only vote that matters is the IRS's. Consult with your tax professional at the appropriate time.]
7-31-2020 Newshound Guru MilitiaMan Article: "Parliamentary Finance: The salaries of employees are insured according to the Borrowing Law" I recall the borrowing law had stipulations that required changes... Lets see what they do... Imo there is something afoot.. now.. They have new new instructions or orders if you will.. Oh ya.. imo
7-31-2020 Newshound Guru Pimpy ...there's some very interesting news. Actually conflicting news - it's what's so funny. Good news and I'm not so sure news. Article: "An official in the Prim Minister's office reveal the fact that Al-Kazemi will go to Washington next week". Or will he? Then you get to the next paragraph quote "the official who preferred not to be named said in the interview the information and news that spoke about Al-Kazemi's travel to the United States of America is inaccurate so as of this time no date has been fixed for this up and coming meeting." Either he's coming or he's not. We got conflicting news. We'll keep an eon on whether there is another story...
7-31-2020 Newshound Guru Adam Montana Article: "The suspension of official working hours in Kurdistan 5 days, starting from Friday" I'm hearing rumors (from people I actually listen to rumors from) that this "holiday" may be less of a holiday than usual. Perhaps it's a strategic pause in the usual updates from Parliament, and it will culminate with something big.
7-31-2020 Intel Guru MarkZ Live from Punxatawney…No real news- everybody is gagged...its dead silent everywhere...Silence is good…There could be a tremendous amount going on right now …Don’t think of silence as meaning nothing is happening…take it to mean there is good, very tight security.
7-31-2020 Intel Guru Frank26 When we see Kazemi and the CBI go to Washington D.C. it's a big alarm...When they return to Iraq they will announce the new exchange rate. The things Trump is looking for - did you lessen the use of the American dollar in your country Iraq? Did you stop funneling American dollars to Iran through your auctions? These two questions are the last two components of the monetary reform...Trumps demands are being met. The Iraqi citizens know this...Trump would meet with Kazemi and the CBI if these benchmark assurances were kept. Trumps fingerprints are all over what you are seeing right now.
7-31-2020 Newshound Guru MilitiaMan Article: "Iraqi government implements wide-ranging security and other measures to secure border crossings" I like the Past Tense component in this article. I also want to reiterate White Papers are a work in progress and develop and change over time... They have apparently secured the borders and are actively increasing revenues and put the corrupt on notice. WE...read where they have 70 billion Dinars worth a month. The
re instate that number is going to explode... imo...
7-31-2020 Intel Guru MarkZ [...could you touch on taxes for rv?...] Because we expect the entire Tax structure to change - nobody really knows…we just can make our best guess. Having talked to someone in the stream who has a tremendous background in taxes for over 40 years…their belief is there will be no federal taxes but quite possibly there will be state taxes. I am planning on both...just in case…but honestly I think there won’t be any taxes on it. [NOTE: Other gurus feel this will be taxed as ordinary income. Ultimately the only vote that matters is the IRS's. Consult with your tax professional at the appropriate time.]
7-30-2020 Intel Guru Frank26 ...there's going to be a new CBI governor. Allaq squealed. Oh, my goodness did he squeal...he saved his rear end. He was able to work with the United States...got rid of all those people who were stealing...
7-30-2020 Newshound/Intel Guru Mnt Goat Article: "THE CENTRAL BANK LENDS AL-KAZEMI’S GOVERNMENT 8 TRILLION DINARS" oh oh what does this mean? No RV this year? So they did it. They managed to get the money they needed to extend this madness to the end of the year. This to me...means that they DO NOT intend to reinstate the dinar until early next year...They are buying time with these loans. This is all they are doing...But the good news is this – if they have all this new debt and so how can they repay it all if oil prices do not rise by the end of the year to vear 60/barrel? Even then they still have to pay salaries and retirees and on top of that have money to rebuild? So you see sometimes when the news looks really gloomy, there is always another side to it. Yes, we may not get what we want now but Christmas is coming and it might be really nice this year…just saying…
7-30-2020 Intel Guru MarkZ For the most part it’s still Groundhog day. There are “gag orders” in effect in most banking centers. They are very, very quiet. I still have a contact in the redemption centers who fully expects to be working this weekend….I hope that is true. [When do you expect the RV?] I’m thinking “Any moment” as we watch the markets implode and watch everything come together. Banking contacts are in this loop of “Any moment” and because of their jobs – they have to be in this mindset so they are ready when it happens.
7-30-2020 Newshound Guru MilitiaMan Article: "Parliament: The government will not submit the 2020 budget for its preoccupation with reforms" Quote: "The government may not submit the 2020 budget due to time constraints, and because it is now occupied by two overlapping major files: the 2021 budget and the reform program file," Well they surely will need the 2019 FML Amendment to do both. But, note they are speaking of the reform file. The entire economic reform file. Then that would mean to me they have to have a rate to associate the economic reform file to. They have the authorities at the highest levels being the executive, legislative and judiciary. My view is this is already underway and not just getting started...Imo This is a good thing.
7-30-2020 Newshound Guru Adam Montana I don't expect to see the RV announced until the HCL is completed. And I don't expect the HCL to be announced as completed until they are ready to RV. These are likely to be two simultaneous announcements, judging from how things are proceeding. The headline will look something like this: "HCL completed. The profit sharing agreement between all (parties) has been implemented to satisfaction; CBI announces an immediate increase in exchange rate for the Iraqi Dinar from (X) to (!!!)." Of course, that will be in Arabic. And the translations will vary, but the end result is the same: Higher exchange rate = Profits for us. ...Go Iraq. Go HCL. GO RV!!! [post 2
of 2]
7-30-2020 Newshound Guru Adam Montana ...Before we have an RV, we need the HCL to be done. I'm more certain of this than ever... and activity in Parliament regarding the HCL has been higher lately than it has in years. In fact, it was on the agenda for today [Wednesday]. I continue to be extremely impressed with how Kazzammie is moving things forward. This guy should have been hired a long time ago! Don't get too excited, at least not quite yet... [post 1 of 2...stay tuned]
7-30-2020 Intel Guru Frank26 ...the Fab 4 are going to announce to Iraq how their currency is going to be used globally. When they can use the new currency. How they can use it. The conversation is to bring the IQD to the international global market and during this meeting (this dream) is to explain how they will lessen their dependence on the American Dollar - meaning the amount of the new exchange rate of the IQD...all these benchmarks, all these requirements for the monetary reform of the currency of Iraq, they've all been done...we're now dealing with the political garbage of Iran...we're at the point where we're just picking up the last pieces with a dustpan...this meeting will be face-to-face. Not teleconference...it's going to be held in Washington D.C. IMO...we now seek Allaq and Kazemi's to announce the day of their visit to Washington D.C. because after they are done with this meeting we seek Kazemi and Allaq to go to their citizens of Iraq and announce the new exchange rate...
7-30-2020 Intel Guru Bruce [via WiserNow] We are on – I would say – a day by day account right now – the information that I’ve received from one of our Forex people is pointing towards today/tomorrow [Tuesday/Wednesday] or next week – Tuesday/Wednesday of next week... I don’t think we can write off any particular day – there seems to be a push to get this done by the end of the month - which is Friday...I don’t know if that is going to be the case - it could be – there are things point to it happening kinda – like right away...I really believe we are that close to where we could go any day now...I believe we are within days...
7-30-2020 Newshound/Intel Guru Mnt Goat Article: "THE CENTRAL BANK LENDS AL-KAZEMI’S GOVERNMENT 8 TRILLION DINARS" oh oh what does this mean? No RV this year? So they did it. They managed to get the money they needed to extend this madness to the end of the year. This to me...means that they DO NOT intend to reinstate the dinar until early next year...They are buying time with these loans. This is all they are doing...But the good news is this – if they have all this new debt and so how can they repay it all if oil prices do not rise by the end of the year to vear 60/barrel? Even then they still have to pay salaries and retirees and on top of that have money to rebuild? So you see sometimes when the news looks really gloomy, there is always another side to it. Yes, we may not get what we want now but Christmas is coming and it might be really nice this year…just saying…
7-30-2020 Intel Guru MarkZ For the most part it’s still Groundhog day. There are “gag orders” in effect in most banking centers. They are very, very quiet. I still have a contact in the redemption centers who fully expects to be working this weekend….I hope that is true. [When do you expect the RV?] I’m thinking “Any moment” as we watch the markets implode and watch everything come together. Banking contacts are in this loop of “Any moment” and because of their jobs – they have to be in this mindset so they are ready when it happens.
7-30-2020 Newshound Guru MilitiaMan Article: "Parliament: The government will not submit the 2020 budget for its preoccupation with reforms" Quote: "The government may not submit the 2020 budget due to time constraints, and because it is now occupied by two overlapping major files: the 2021 budget and the reform program file," Well they surely will need the 2019 FML Amendment to do both. But, note they are speaking of the reform file. The entire economic reform file. Then that would mean to me they have to have a rate to associate the economic reform file to. They have the authorities at the highest levels being the executive, legislative and judiciary. My view is this is already underway and not just getting started...Imo This is a good thing.
7-30-2020 Newshound Guru Adam Montana I don't expect to see the RV announced until the HCL is completed. And I don't expect the HCL to be announced as completed until they are ready to RV. These are likely to be two simultaneous announcements, judging from how things are proceeding. The headline will look something like this: "HCL completed. The profit sharing agreement between all (parties) has been implemented to satisfaction; CBI announces an immediate increase in exchange rate for the Iraqi Dinar from (X) to (!!!)." Of course, that will be in Arabic. And the translations will vary, but the end result is the same: Higher exchange rate = Profits for us. ...Go Iraq. Go HCL. GO RV!!! [post 2
of 2]
7-30-2020 Newshound Guru Adam Montana ...Before we have an RV, we need the HCL to be done. I'm more certain of this than ever... and activity in Parliament regarding the HCL has been higher lately than it has in years. In fact, it was on the agenda for today [Wednesday]. I continue to be extremely impressed with how Kazzammie is moving things forward. This guy should have been hired a long time ago! Don't get too excited, at least not quite yet... [post 1 of 2...stay tuned]
7-30-2020 Intel Guru Frank26 ...the Fab 4 are going to announce to Iraq how their currency is going to be used globally. When they can use the new currency. How they can use it. The conversation is to bring the IQD to the international global market and during this meeting (this dream) is to explain how they will lessen their dependence on the American Dollar - meaning the amount of the new exchange rate of the IQD...all these benchmarks, all these requirements for the monetary reform of the currency of Iraq, they've all been done...we're now dealing with the political garbage of Iran...we're at the point where we're just picking up the last pieces with a dustpan...this meeting will be face-to-face. Not teleconference...it's going to be held in Washington D.C. IMO...we now seek Allaq and Kazemi's to announce the day of their visit to Washington D.C. because after they are done with this meeting we seek Kazemi and Allaq to go to their citizens of Iraq and announce the new exchange rate...
7-30-2020 Intel Guru Bruce [via WiserNow] We are on – I would say – a day by day account right now – the information that I’ve received from one of our Forex people is pointing towards today/tomorrow [Tuesday/Wednesday] or next week – Tuesday/Wednesday of next week... I don’t think we can write off any particular day – there seems to be a push to get this done by the end of the month - which is Friday...I don’t know if that is going to be the case - it could be – there are things point to it happening kinda – like right away...I really believe we are that close to where we could go any day now...I believe we are within days...
7-29-2020 Newshound Guru Pimpy ...there are a lot of rumors swirling around as usual regarding the dinar. All I want to do is say hey be careful you know better than to get yourself all psyched up and hyped up over these rumors. Now I heard them myself. I've heard them from multiple people that something magical should happen this next week. It's ok to hope that it happens this week but I'm just letting you know to be careful not to act like it's already happened. Because if you start spending your money before you actually get it well then you're gonna be very disappointed...we've been down this road before. Let's just cross our fingers and hope something really exciting happens but stay grounded...I hear all the rumors but I can only show you guys or talk about what I can prove...I know what you're talking about but I can't prove that. It's just hearsay right now. There's nothing wrong with being optimistic but just be careful...
7-29-2020 Intel Guru RayRen98 Citizens were informed that the government is supposedly giving every "poor" person 75k dinar and cancelled some consumer debt for the holiday. Today they were told the financial management law will be discussed by the CBI and the Financial Minister after the EID holiday. They said that a year ago the financial management law was passed and that it would be a tool to help change the currency rate in Iraq and now it has resurfaced.
7-29-2020 Intel Guru Frank26 ...Iraq is International. The sharks know it. They are buying up billions and billions of dinars. They're buying them up. Not because they're psychotic or bi-polar, it's because they know...they can see
2 + 2 = 4...
7-29-2020 Intel Guru MarkZ [via PDK] Well last night was an exceptionally quiet night for a night that had so much expectation... There are a lot of bankers and people sitting around twiddling their thumbs. I could find zero movement last night in the banking world…I have chased news from Asia, to Europe to out west, Miami and Richmond…and I can find no movement…The banking side and a redemption center contact firmly believes though that we are still looking at this week. They were being prepped for it last weekend. All my banking contacts say we are at “High Alert” so I will agree with that.
7-29-2020 Newshound/Intel Guru Mnt Goat Where do we stand today? ...First, I want to re-emphasize that we will NOT see the RV in July. I know they did have plans to try to do it but even way back in early June they decided they could not piece it all together in time. They want a “level playing field” with the currencies in the middle east and so they are attempting to do it. Iran, once again, is the obstacle and causing delays on this process. ...I am possibly seeing a window in August but I do not see the CBI firming this as of yet. They are not taking the action necessary to progress in this direction. They should now be re-educating the public if this was the case. They are not. We might be heading for an early 2021 window again. We just have to wait it out and see. But we do know this nonsense of delay, delay can not go on much longer. [post 2 of 2]
7-29-2020 Newshound/Intel Guru Mnt Goat I know there are lots of rumors floating around about an RV this week... Don’t you think it might be a very good idea to inform the CBI of this impending RV? Don’t they initiate it...? I have said many times already that the CBI will educate the citizens prior to the “project to delete the zeros” and how it will all work. Even though they have done this before they will do it again and again prior to each scheduled attempt. I have talked to my sources in the CBI and they have told me to watch for this re-education and announcements from the CBI as our cue as we get closer to the RV. What more can they tell us? The only thing more would be a date and they are not going to do that, as least directly. However, the CBI has scheduled the project to delete the zeros already three (3) time that we can confirm and know of as a FACT... So if this project was going to be executed in July then where is (was) the news from the CBI? ...There is no news and thus no RV. But this is not the only reason for no RV now. [post 1 of 2....stay tuned]
7-29-2020 Intel Guru Frank26 ...what did we say last week? Iraq is international...the international world knows this don't they...if you're a shark, if you're a whale you can smell blood in the ocean right now. And that's what these guys do - these shark these whales, these companies, these entities, these treasury departments, in other words those who have powerful super dollars, big dollars, big bucks. They know when to buy the Iraqi dinar. NOW! And they're buying it left and right. You're seeing the proof of it...What's missing is the announcement... how is it they know? I call it the "white papers"...what do the white papers contain? A rate and a date and the HCL stuff...that means banks already know the rate and the date of the Iraqi dinar - when it's going to be announced don't they? IMO yes.
7-29-2020 Intel Guru RayRen98 Citizens were informed that the government is supposedly giving every "poor" person 75k dinar and cancelled some consumer debt for the holiday. Today they were told the financial management law will be discussed by the CBI and the Financial Minister after the EID holiday. They said that a year ago the financial management law was passed and that it would be a tool to help change the currency rate in Iraq and now it has resurfaced.
7-29-2020 Intel Guru Frank26 ...Iraq is International. The sharks know it. They are buying up billions and billions of dinars. They're buying them up. Not because they're psychotic or bi-polar, it's because they know...they can see
2 + 2 = 4...
7-29-2020 Intel Guru MarkZ [via PDK] Well last night was an exceptionally quiet night for a night that had so much expectation... There are a lot of bankers and people sitting around twiddling their thumbs. I could find zero movement last night in the banking world…I have chased news from Asia, to Europe to out west, Miami and Richmond…and I can find no movement…The banking side and a redemption center contact firmly believes though that we are still looking at this week. They were being prepped for it last weekend. All my banking contacts say we are at “High Alert” so I will agree with that.
7-29-2020 Newshound/Intel Guru Mnt Goat Where do we stand today? ...First, I want to re-emphasize that we will NOT see the RV in July. I know they did have plans to try to do it but even way back in early June they decided they could not piece it all together in time. They want a “level playing field” with the currencies in the middle east and so they are attempting to do it. Iran, once again, is the obstacle and causing delays on this process. ...I am possibly seeing a window in August but I do not see the CBI firming this as of yet. They are not taking the action necessary to progress in this direction. They should now be re-educating the public if this was the case. They are not. We might be heading for an early 2021 window again. We just have to wait it out and see. But we do know this nonsense of delay, delay can not go on much longer. [post 2 of 2]
7-29-2020 Newshound/Intel Guru Mnt Goat I know there are lots of rumors floating around about an RV this week... Don’t you think it might be a very good idea to inform the CBI of this impending RV? Don’t they initiate it...? I have said many times already that the CBI will educate the citizens prior to the “project to delete the zeros” and how it will all work. Even though they have done this before they will do it again and again prior to each scheduled attempt. I have talked to my sources in the CBI and they have told me to watch for this re-education and announcements from the CBI as our cue as we get closer to the RV. What more can they tell us? The only thing more would be a date and they are not going to do that, as least directly. However, the CBI has scheduled the project to delete the zeros already three (3) time that we can confirm and know of as a FACT... So if this project was going to be executed in July then where is (was) the news from the CBI? ...There is no news and thus no RV. But this is not the only reason for no RV now. [post 1 of 2....stay tuned]
7-29-2020 Intel Guru Frank26 ...what did we say last week? Iraq is international...the international world knows this don't they...if you're a shark, if you're a whale you can smell blood in the ocean right now. And that's what these guys do - these shark these whales, these companies, these entities, these treasury departments, in other words those who have powerful super dollars, big dollars, big bucks. They know when to buy the Iraqi dinar. NOW! And they're buying it left and right. You're seeing the proof of it...What's missing is the announcement... how is it they know? I call it the "white papers"...what do the white papers contain? A rate and a date and the HCL stuff...that means banks already know the rate and the date of the Iraqi dinar - when it's going to be announced don't they? IMO yes.
7-28-2020 Newshound Guru Militiaman ...it all comes back to the pressure that's on these guys to do what? Raise their exchange rate. And their words specifically say 'the exchange rate is one of the keys to our solution.' To me that's big big stuff...
7-28-2020 Newshound Guru Pimpy ...without putting too much hopium into what's going to happen, I'm waiting for the Finance Minister of Iraq to possibly make some very interesting announcements this week. Let's see what happens. I don't want to say too much but we're definitely monitoring it. One thing that can help restore the sovereignty of Iraq is for them to have the restrictions removed off of their currency so they could be a sovereign nation and start dealing with the international community...something tells me there's going to be some very interesting news here between now and the first week of August. Something that you could feel very happy about...
7-28-2020 Intel Guru Frank26 ...We believe Iraq is about to make a very huge payment in the form of IQD...We don't know who. We don't know why. But we do know it's a very huge payment (billions and billion) and it will be in the form of IQD's. It might be a payment to Kuwait. It might be to Saudi Arabia. They either already made this payment in IQD's...Or they're in the process of doing it. IMO this is because somebody knows the new exchange rate of the IQD is coming. To receive payment in Iraqi dinars in a large amount like that it is very indicative of someone knows something about that currency. It's pretty obvious isn't it? ...I bought my dinar on April of 2004. I've had my currency going on 17 years and no where in those 17 years did I ever ever feel that the exchange rate was that imminent as I feel it right now. The evidence is very clear...somebody knows...
7-28-2020 Newshound/Intel Guru Petra ...the budget. We haven't seen the budget. They haven't shown the budget. Why? What's in the budget that they don't want to show us? It's the rate. It has to be..."coincidences" are aligning to demonstrate a great need for change. And the "white papers" even dictate that the change occurs with the change in rate...I see a lot of alignment going on for now rather than later...There are a lot of coincidences aligning with a timed event that has got to be coming up here pretty quick.
7-28-2020 Intel Guru MarkZ [via PDK] All my group leaders sure think this is our week…this is the first time they have all agreed…so I am excited about that…My group leaders contacts have been telling me for over a week that they are expecting something Tonight - Tuesday night/Early Wednesday. They feel very confident that this will be a fantastic week...My folks in Iraq have not heard anything on timing...I even had a local banker reach out to me and say they could match whatever the redemption center can offer…and to keep him in mind when this thing goes…so even those guys are ramping up. [I think Labor Day will open the flood gates being just 60 days from the elections.] I still think it will be sooner.
7-28-2020 Intel Guru Delta ...what I'm expecting from the Central Bank to do - I'm expecting them to tell me the same thing what Allaq did in 2016. Exactly a mirror like that announcement. What he said at that time was in early 2017 we are going to lift the 3 zeros and introduce smaller denominations. That's what I'm waiting for...They have to have a time-frame and based on the experience of the CBI they always give people a month, two months in advance...they can raise the value but in the case of Iraq they have to introduce lower denominations too and that is the problem. That's why you need time to do that...
7-28-2020 Newshound Guru Jeff ...this is huge...the Financial Management Law - that is the tool used to commission the rate change...they're telling you they're about to restructure their budget for the second half of this year under the guidance and control of the Financial Management Law...see how huge this is?...notice how they brought you the "White Papers". Also notice how they went into great detail about reviewing the exchange rate and notice how they're doing this as they're finishing the first half of their year approaching the second half of their year. September is red hot...this article is amazing... [Post 2 of 2]
7-28-2020 Newshound Guru Jeff ...March of last year...Iraq introduced us to the Financial Management Law...it's a tool that will be used to commission the rate change...this first article is an older one from March 20, 2019: "Parliamentary move to raise the price of the dinar and maintain the stability of inflation" ...they explain the Financial Administration Law to us and how it's...a tool used to commission the rate change. Let's look at the article from yesterday Article: "The Government and parliament are considering approving two budgets" ...One for the remainder of this year and one for next year of 2021... Quote: "...expressing his belief there will be no federal budget for the year of 2020 and the government will complete this year according to the Financial Management Law." [post 1 of 2....stay tuned]
7-28-2020 Guest Guru Austin-Powers-For-PM ...Normally I'd say that it is entirely possible they'd kick the can down range another 6 months to a year. They've been doing this for 10+ years and nothing would stop them to do that again. However, now it's different. You have a P.M. who isn't kissing Iran's rear end. You have things blowing up all over Iran and putting things out of commission. You have a President facing re-election who needs something dramatic to get reelected. You have a global cash liquidity crisis that needs to be dealt with NOW! You have IQD prices going through the roof because nobody can get it. Something BIG is going to happen between now and January 2nd, and I believe before then. I have other reasons that I believe this time somethings in the works, but in any case, the earth is moving. How fast is hard to tell, but believe this is coming.
7-28-2020 Newshound Guru Pimpy ...without putting too much hopium into what's going to happen, I'm waiting for the Finance Minister of Iraq to possibly make some very interesting announcements this week. Let's see what happens. I don't want to say too much but we're definitely monitoring it. One thing that can help restore the sovereignty of Iraq is for them to have the restrictions removed off of their currency so they could be a sovereign nation and start dealing with the international community...something tells me there's going to be some very interesting news here between now and the first week of August. Something that you could feel very happy about...
7-28-2020 Intel Guru Frank26 ...We believe Iraq is about to make a very huge payment in the form of IQD...We don't know who. We don't know why. But we do know it's a very huge payment (billions and billion) and it will be in the form of IQD's. It might be a payment to Kuwait. It might be to Saudi Arabia. They either already made this payment in IQD's...Or they're in the process of doing it. IMO this is because somebody knows the new exchange rate of the IQD is coming. To receive payment in Iraqi dinars in a large amount like that it is very indicative of someone knows something about that currency. It's pretty obvious isn't it? ...I bought my dinar on April of 2004. I've had my currency going on 17 years and no where in those 17 years did I ever ever feel that the exchange rate was that imminent as I feel it right now. The evidence is very clear...somebody knows...
7-28-2020 Newshound/Intel Guru Petra ...the budget. We haven't seen the budget. They haven't shown the budget. Why? What's in the budget that they don't want to show us? It's the rate. It has to be..."coincidences" are aligning to demonstrate a great need for change. And the "white papers" even dictate that the change occurs with the change in rate...I see a lot of alignment going on for now rather than later...There are a lot of coincidences aligning with a timed event that has got to be coming up here pretty quick.
7-28-2020 Intel Guru MarkZ [via PDK] All my group leaders sure think this is our week…this is the first time they have all agreed…so I am excited about that…My group leaders contacts have been telling me for over a week that they are expecting something Tonight - Tuesday night/Early Wednesday. They feel very confident that this will be a fantastic week...My folks in Iraq have not heard anything on timing...I even had a local banker reach out to me and say they could match whatever the redemption center can offer…and to keep him in mind when this thing goes…so even those guys are ramping up. [I think Labor Day will open the flood gates being just 60 days from the elections.] I still think it will be sooner.
7-28-2020 Intel Guru Delta ...what I'm expecting from the Central Bank to do - I'm expecting them to tell me the same thing what Allaq did in 2016. Exactly a mirror like that announcement. What he said at that time was in early 2017 we are going to lift the 3 zeros and introduce smaller denominations. That's what I'm waiting for...They have to have a time-frame and based on the experience of the CBI they always give people a month, two months in advance...they can raise the value but in the case of Iraq they have to introduce lower denominations too and that is the problem. That's why you need time to do that...
7-28-2020 Newshound Guru Jeff ...this is huge...the Financial Management Law - that is the tool used to commission the rate change...they're telling you they're about to restructure their budget for the second half of this year under the guidance and control of the Financial Management Law...see how huge this is?...notice how they brought you the "White Papers". Also notice how they went into great detail about reviewing the exchange rate and notice how they're doing this as they're finishing the first half of their year approaching the second half of their year. September is red hot...this article is amazing... [Post 2 of 2]
7-28-2020 Newshound Guru Jeff ...March of last year...Iraq introduced us to the Financial Management Law...it's a tool that will be used to commission the rate change...this first article is an older one from March 20, 2019: "Parliamentary move to raise the price of the dinar and maintain the stability of inflation" ...they explain the Financial Administration Law to us and how it's...a tool used to commission the rate change. Let's look at the article from yesterday Article: "The Government and parliament are considering approving two budgets" ...One for the remainder of this year and one for next year of 2021... Quote: "...expressing his belief there will be no federal budget for the year of 2020 and the government will complete this year according to the Financial Management Law." [post 1 of 2....stay tuned]
7-28-2020 Guest Guru Austin-Powers-For-PM ...Normally I'd say that it is entirely possible they'd kick the can down range another 6 months to a year. They've been doing this for 10+ years and nothing would stop them to do that again. However, now it's different. You have a P.M. who isn't kissing Iran's rear end. You have things blowing up all over Iran and putting things out of commission. You have a President facing re-election who needs something dramatic to get reelected. You have a global cash liquidity crisis that needs to be dealt with NOW! You have IQD prices going through the roof because nobody can get it. Something BIG is going to happen between now and January 2nd, and I believe before then. I have other reasons that I believe this time somethings in the works, but in any case, the earth is moving. How fast is hard to tell, but believe this is coming.
7-27-2020 Newshound/Intel Guru Petra ...If I was going to use two words today to describe all the articles coming out in the last 72 hours it would be "strategic confusion"...there's some interesting development that I think we need to bring up...they are so desperate for cash they are offering people to deposit their money into the banks...I saw two articles. One said they are offering double the return and other article said they're offering a 10% interest rate. The only way I could see them making double the return is if they were given double the purchasing power or triple or quadruple the purchasing power. The key here is the liquidity factor is still an issue within the country of Iraq...they are essentially borrowing from the people themselves so they can turn around and pay them...
7-27-2020 Newshound Guru Jeff ...gold and silver IMO are slowly increasing in value walking you to the timing of the rate change. As well as the dollar devaluing so that way when the rate does change it will strengthen the US dollar so the dollar can actually go back up in value...The dollar is already high. It was well over 100 cents so it would make sense that if they are going to gold backed they would have to devalue the dollar to give it wiggle room to go back up when they or if they go gold-backed...
7-27-2020 Newshound Guru Pimpy There is talk about Iraq going back to its normal fiscal period...the year would start in April. Their half year would be October. That's what it used to be and that would line them up with other Arab nations that are all part of the Arab Monetary Fund...Let's see if inside this new budget we do see the rate change. That'll be really nice... Quote: "...revealed the handing over of the 2020 budget to the house of representative next October. Staring to work on a budget of 2021. Noting it would be delivered to the parliament in October noting that it would be studied and approved early" ...October seems to be a big month for a lot of reasons...Something about this month of October. You know there's the rumors of when Trump's going to be meeting with IMF bank. We'll see what happens there. Obviously they're putting forward their budget in October as well. This could all mean something or maybe it won't. We'll keep an eye on it.
7-27-2020 Intel Guru Footforward [Things seem quiet in regards to dong and dinar...] ...it has been. Intel has been very quiet. Alot of rumors. Very few people willing to talk. I like where we are at. [Iraq announced budget for 2021 will be completed by October. September could be the RV month.] there will be a bit of misdirection on timing. So while most watch September I watch now.
7-27-2020 Intel Guru MarkZ [via PDK] There sure is a lot of chatter we are there this week. We see the groundhog again today as there was no movement this weekend. But, there are a lot of large group leaders who expect to see it Tuesday Night to Wednesday morning. These are some of the biggest groups in the game. We are going to watch it. I am a firm believer we are about to see this soon...We are watching things unfold and watching things line up.
7-27-2020 Newshound Guru Jeff Article: "Ministerial Round-table discussions express support for Iraqi government economic reforms" I've been telling you that the "white paper" is the roadmap for the new economic system to be launched which includes the rate change. Article quote: "Dr. Allawi said the the new Iraqi government is committed to submitting a wide-ranging White Paper to Parliament in September 2020 which will set out a roadmap to reorient the Iraqi economy..." They're telling you right here it's going to be submitted to parliament in September 2020...doesn't get any more clear than that...
7-27-2020 Newshound Guru Jeff ...gold and silver IMO are slowly increasing in value walking you to the timing of the rate change. As well as the dollar devaluing so that way when the rate does change it will strengthen the US dollar so the dollar can actually go back up in value...The dollar is already high. It was well over 100 cents so it would make sense that if they are going to gold backed they would have to devalue the dollar to give it wiggle room to go back up when they or if they go gold-backed...
7-27-2020 Newshound Guru Pimpy There is talk about Iraq going back to its normal fiscal period...the year would start in April. Their half year would be October. That's what it used to be and that would line them up with other Arab nations that are all part of the Arab Monetary Fund...Let's see if inside this new budget we do see the rate change. That'll be really nice... Quote: "...revealed the handing over of the 2020 budget to the house of representative next October. Staring to work on a budget of 2021. Noting it would be delivered to the parliament in October noting that it would be studied and approved early" ...October seems to be a big month for a lot of reasons...Something about this month of October. You know there's the rumors of when Trump's going to be meeting with IMF bank. We'll see what happens there. Obviously they're putting forward their budget in October as well. This could all mean something or maybe it won't. We'll keep an eye on it.
7-27-2020 Intel Guru Footforward [Things seem quiet in regards to dong and dinar...] ...it has been. Intel has been very quiet. Alot of rumors. Very few people willing to talk. I like where we are at. [Iraq announced budget for 2021 will be completed by October. September could be the RV month.] there will be a bit of misdirection on timing. So while most watch September I watch now.
7-27-2020 Intel Guru MarkZ [via PDK] There sure is a lot of chatter we are there this week. We see the groundhog again today as there was no movement this weekend. But, there are a lot of large group leaders who expect to see it Tuesday Night to Wednesday morning. These are some of the biggest groups in the game. We are going to watch it. I am a firm believer we are about to see this soon...We are watching things unfold and watching things line up.
7-27-2020 Newshound Guru Jeff Article: "Ministerial Round-table discussions express support for Iraqi government economic reforms" I've been telling you that the "white paper" is the roadmap for the new economic system to be launched which includes the rate change. Article quote: "Dr. Allawi said the the new Iraqi government is committed to submitting a wide-ranging White Paper to Parliament in September 2020 which will set out a roadmap to reorient the Iraqi economy..." They're telling you right here it's going to be submitted to parliament in September 2020...doesn't get any more clear than that...
7-26-2020 Newshound Guru Jeff I've been in this 11 years since '09. This is the first year that they've never approved an operating budget since I've been in this...what they're telling you is that the rate change is married to the budget. That's one of the main things you're looking for. And remember Iraq has to have stability. Meaning Kurdistan and Baghdad have to reach an agreement...the US requested to have the UN come in and work with both Baghdad and Kurdistan to resolve their differences...they have to reach that agreement in order for the rate change to go international...
7-26-2020 Newshound Guru Pimpy This looks like a huge International movement. This is what we want. We know that Iraq is going to be the doorway to do major business over in the Middle East. There's a lot of business opportunities over there. They've been war torn for quite some time...a lot of infrastructure needs to be dealt with...
7-26-2020 Newshound Guru Militiaman ...the theory of [the rate change/RV] being out into September is not being supported yet imo one bit. If you have links to support the view they will extend reforms out to September with fresh information, then please bring it in. Love to see it. In the mean time, we are imo watching the live progress on many fronts, not just Iraqs...
7-26-2020 Newshound Guru Pimpy Article: "Ministerial Roundtable discussions express support for Iraqi government economic reforms" ...This article is long but I can tell you this, if they have "white papers" for all these different files, they're going to be all presented in September of this year...There's a lot of discussion about, are the rate changes in this "white paper"? A lot of people seem to be pointing that direction. I haven't seen anything that says that the rate change is in the white papers but that doesn't mean it's not in the white papers. I'm looking for something a little bit different. I'm looking for the international community to once again...recognize the sovereignty of Iraq. And as you guys know in order to be a sovereign county you have to have your own currency. Iraq does have its own currency, I get that but they need the restrictions lifted off it so we can see them on the Forex once again...
7-26-2020 Newshound Guru Pimpy This looks like a huge International movement. This is what we want. We know that Iraq is going to be the doorway to do major business over in the Middle East. There's a lot of business opportunities over there. They've been war torn for quite some time...a lot of infrastructure needs to be dealt with...
7-26-2020 Newshound Guru Militiaman ...the theory of [the rate change/RV] being out into September is not being supported yet imo one bit. If you have links to support the view they will extend reforms out to September with fresh information, then please bring it in. Love to see it. In the mean time, we are imo watching the live progress on many fronts, not just Iraqs...
7-26-2020 Newshound Guru Pimpy Article: "Ministerial Roundtable discussions express support for Iraqi government economic reforms" ...This article is long but I can tell you this, if they have "white papers" for all these different files, they're going to be all presented in September of this year...There's a lot of discussion about, are the rate changes in this "white paper"? A lot of people seem to be pointing that direction. I haven't seen anything that says that the rate change is in the white papers but that doesn't mean it's not in the white papers. I'm looking for something a little bit different. I'm looking for the international community to once again...recognize the sovereignty of Iraq. And as you guys know in order to be a sovereign county you have to have your own currency. Iraq does have its own currency, I get that but they need the restrictions lifted off it so we can see them on the Forex once again...
7-25-2020 Newshound Guru Militiaman ...The World Bank states that Iraq will have issues with out getting the reforms done. They say borrowing is going to be difficult for Iraq to fund expenditures. Then today we see proof of that and with a qualification that they can get the monies through FINANCIAL REFORMS. This is not theory. This is what they can do and it is coming from the Finance Committee. The reforms will allow the money to flow, imo, that money will require an international rate. Financial Reforms are not at a program rate for pete sake.
7-25-2020 Newshound Guru Pimpy ...A lot of you brought it to my attention that yes indeed we know Al-Kazemi is not here with Trump like he was scheduled to be here but Trump had postponed it. I don't think they set a date yet due to everything that's happening here in our country. There's a lot of instability. They're using corona as an excuse. But, yeah it's going to happen. I wouldn't worry too much about it. This give Al-Kazemi a little more time for him to hammer out his issues with Kurdistan and for them to just go ahead and continue to make big strives and do what they need to do to get their sovereignty back...the problem is now we're hearing little bits of good information every day so it kind of gets old. I think a lot of us are just like come on man just make it happen already!
7-25-2020 Newshound/Intel Guru Mnt Goat Article: "IRAQ PLANS TO BORROW 18 BILLION DOLLARS" 18 billion will buy them 18 divided by 5 = 3.6 months of salaries. That’s July – mid October only. That is IF they can secure the loans. And then what next?
7-25-2020 Newshound Guru Pimpy ...A lot of you brought it to my attention that yes indeed we know Al-Kazemi is not here with Trump like he was scheduled to be here but Trump had postponed it. I don't think they set a date yet due to everything that's happening here in our country. There's a lot of instability. They're using corona as an excuse. But, yeah it's going to happen. I wouldn't worry too much about it. This give Al-Kazemi a little more time for him to hammer out his issues with Kurdistan and for them to just go ahead and continue to make big strives and do what they need to do to get their sovereignty back...the problem is now we're hearing little bits of good information every day so it kind of gets old. I think a lot of us are just like come on man just make it happen already!
7-25-2020 Newshound/Intel Guru Mnt Goat Article: "IRAQ PLANS TO BORROW 18 BILLION DOLLARS" 18 billion will buy them 18 divided by 5 = 3.6 months of salaries. That’s July – mid October only. That is IF they can secure the loans. And then what next?
7-24-2020 Intel Guru Bruce I know that everything is moving forward and we’re in a different place now than we were Tuesday...I think we’re looking good between now and the weekend but there are also people I’m hearing from that are talking about early next week – so we could push to that point – I hope not...I cannot promise you it’s going to be this week or even by the weekend – but I know that things are moving forward...I think it is exciting what is going on... [post 2 of 2]
7-24-2020 Intel Guru Bruce [via WiserNow] What we had received last night [Wednesday] was pointing toward something occurring...Saturday...but we do have additional information that takes us a little further through the weekend...your “blessing” – is right around the corner – but we don’t have it yet and until we have it keep doing whatever you’re called to do in the meantime...a lot of money is moving around – to me that is all good...these funds...are going to be used...to pay out us...I would say that is a good sign...globally the QFS is completely on line – and all countries are now hooked up and a part of it...I’m sure there are some other things that need to happen – although I did hear that there is a possibility due to the pressure that’s being exerted on us to get this party started – to get it done by a certain time in the afternoon tomorrow [Friday]... [post 1 of 2....stay tuned]
7-24-2020 Intel Guru RayRen98 "ALL HANDS ON DECK" - IS THE PHRASE FOR TODAY. THIS MAY BE AN EXCITING WEEKEND...
7-24-2020 Intel Guru MarkZ [via PDK] For the most part we are still in Punxatawney. Bankers...sat in the ready without going anywhere...on the local news front I have a banker who is very much looking for next week, and redemption centers are implementing last minute policy changes. I am hearing they are also preparing for next week. We have been sitting on the edge of our seats for so long, but I know we are close...
7-24-2020 Newshound/Intel Guru Mnt Goat I told everyone weeks ago to bash your hopes of any RV during the month of July. There are way too many pieces still to fix and work out prior. But I know for a fact the project to delete the zeros is going to take place sooner than later. They are also planning a new CBI governor replacement.
7-24-2020 Newshound/Intel Guru BGG Article: "Minister of Finance: 300 thousand “space” employees in Iraq" Quote: "Allawi explained that the issues that were buried because of the large and growing oil revenues are now evolving, and this includes payments for an estimated 300,000 “ghost” or fictional employee ” This is probably more accurately translated as “Ghost employees”, a corruption issue for a long time now and one of the big reasons no one wants to just give them money for “salaries”. It would all go to these corrupt politicians via this sham payroll scam. The good news – the MoF is going after them in an open, honest, legal fashion.
7-24-2020 Newshound Guru Pimpy Question: "[What are the] best places to turn in foreign currency?" Foreign currencies as long as there's no restrictions on them you should be able to turn them into your bank...just ask them in advance...just say, 'If I bought foreign currency and I needed to exchange it can I buy it and exchange it here?' If they say what kind of currency just say "any kind". Don't tell them anything specifically because Iraq has restrictions on it and they'll say no they don't do Iraqi dinar. Just hang tight and once the restrictions are off then consider that...
7-24-2020 Intel Guru Bruce [via WiserNow] What we had received last night [Wednesday] was pointing toward something occurring...Saturday...but we do have additional information that takes us a little further through the weekend...your “blessing” – is right around the corner – but we don’t have it yet and until we have it keep doing whatever you’re called to do in the meantime...a lot of money is moving around – to me that is all good...these funds...are going to be used...to pay out us...I would say that is a good sign...globally the QFS is completely on line – and all countries are now hooked up and a part of it...I’m sure there are some other things that need to happen – although I did hear that there is a possibility due to the pressure that’s being exerted on us to get this party started – to get it done by a certain time in the afternoon tomorrow [Friday]... [post 1 of 2....stay tuned]
7-24-2020 Intel Guru RayRen98 "ALL HANDS ON DECK" - IS THE PHRASE FOR TODAY. THIS MAY BE AN EXCITING WEEKEND...
7-24-2020 Intel Guru MarkZ [via PDK] For the most part we are still in Punxatawney. Bankers...sat in the ready without going anywhere...on the local news front I have a banker who is very much looking for next week, and redemption centers are implementing last minute policy changes. I am hearing they are also preparing for next week. We have been sitting on the edge of our seats for so long, but I know we are close...
7-24-2020 Newshound/Intel Guru Mnt Goat I told everyone weeks ago to bash your hopes of any RV during the month of July. There are way too many pieces still to fix and work out prior. But I know for a fact the project to delete the zeros is going to take place sooner than later. They are also planning a new CBI governor replacement.
7-24-2020 Newshound/Intel Guru BGG Article: "Minister of Finance: 300 thousand “space” employees in Iraq" Quote: "Allawi explained that the issues that were buried because of the large and growing oil revenues are now evolving, and this includes payments for an estimated 300,000 “ghost” or fictional employee ” This is probably more accurately translated as “Ghost employees”, a corruption issue for a long time now and one of the big reasons no one wants to just give them money for “salaries”. It would all go to these corrupt politicians via this sham payroll scam. The good news – the MoF is going after them in an open, honest, legal fashion.
7-24-2020 Newshound Guru Pimpy Question: "[What are the] best places to turn in foreign currency?" Foreign currencies as long as there's no restrictions on them you should be able to turn them into your bank...just ask them in advance...just say, 'If I bought foreign currency and I needed to exchange it can I buy it and exchange it here?' If they say what kind of currency just say "any kind". Don't tell them anything specifically because Iraq has restrictions on it and they'll say no they don't do Iraqi dinar. Just hang tight and once the restrictions are off then consider that...
7-23-2020 Intel Guru Frank26 Where will we as investors see the rate has changed 1 to 1? On the CBI website. [You can always see the official CBI dinar rate on this page in column on the left.] When? Probably when you wake up one morning. Why? Because when you're asleep they're up working very hard...unless you're up at 3 or 4 in the morning you're not gonna see it until the next day when you wake up...
7-23-2020 Newshound Guru Pimpy There's a lot of people in the group they always feel this is never going to happen. I get that...it's been stretched out over years. Over 10 years. 15 years for people. So I get that their frustration. If I may make a suggestion...you can go 'I'm done. This isn't going to happen.' Sell your currency back. And ignore it all together. Or what you could do instead of driving yourself crazy. Cut off the news for a little bit. That includes me...If everyday you're waking up with anticipation I would imagine there are only so many times you can be let down...this is why people shouldn't say dates or rates. The truth of the matter is nobody knows...be grounded. Be calm. It is going to happen. That's my opinion. It appears to be happening very very soon. You can see all the signs that are here...hang tight, be cool and have faith...
7-23-2020 Intel Guru Delta ...I'm gonna stick to my personal opinion even though the team does not agree with me...I wish and I hope and I pray to God I'm wrong 1000% but I'm leaning toward September...
7-23-2020 Newshound/Intel Guru Mnt Goat Where do we stand for the RV?
...I am not looking for anything in July. There are just too many pieces still to put in place to make this happen. Also we are moving into August soon and so I see a possible window opening if certain actions are taken. But I do know for a FACT that they are not going to wait until January 2021 if they can help it. They need to be on the FOREX trading now and so are pushing aggressively now to make it all happen. Also, ISX is now trading the Iraqi dinar like a currency exchange and this is a very, very good sign too. When ISX comes live on NASDAQ this will be the time they also put the dinar back to the currency exchanges. I look at the ISX move now as a testing ground for the dinar with investors.
7-23-2020 Intel Guru Frank26 ...Remember I told you the articles are saying "something new", "new mechanism". The word "exchange rate" is being used tremendously. And the reason why is because they have a rate and date for the exchange rate. It's hot news. It's out there... Article: "The Iraqi economy...the predicament of the situation and the problems of the solution" They are talking about their financial crisis...when it's all said and done... Quote: "The exchange rate is one of the "keys" to the solution" ...we have to increase the exchange rate of our currency, not decrease it, against the American dollar...isn't that cool...I'm all for it!
7-23-2020 Intel Guru MarkZ [via PDK] Its 7-23…I never thought we would still be here waiting...I am tired of living in Punxatawney. [...kuwait took few months and iqd 20 years lol.] Kuwait definently took much less time. I have some really good redemption center contacts and they have been put on “High Alert”. Banking centers have been told to stay very, very close. They were told to not make any plans for this weekend….they are expecting that they will have to work. This is the most positive sign I have seen in quite awhile.
7-23-2020 Newshound Guru Pimpy Just because Trump says he recognizes their sovereignty doesn't mean it happens instantaneously. Having said that it doesn't mean I'm kicking the can down the road. I think it's going to happen shortly after that...I think what happens is probably a week or two later you'll see this done. It's going to be shortly after the speech. But we just want to hear it be done. Then sometime shortly after that we will see what the rate it going to be on the Iraqi dinar as it gets on the Forex trading... [post 2 of 2]
7-23-2020 Newshound Guru Pimpy What you are going to see first is like this - The agreement between Kurdistan and Iraq hammered out and fixed. (I feel like that's the true reason he [Kazemi] has not been to the United States yet...) As soon as that is done hopefully Ms Plasshart talks to the United Nations saying, 'This is done. It's good. Iraq is doing everything they said they were going to do.' She thinks it's time to reinstate the sovereignty. Al-Kazemi comes over here to the Untied States, meets with Trump. They have a good meeting...Then what we're gonna do is wait for Trump to then introduce to the world Al-Kazemi. In that speech I'm hoping what we'll hear is Trump encouraging international community to once again recognize the sovereignty of Iraq - Therefore removing any type of restrictions on their currency and we see it on the Forex. [post 1 of 2....stay tuned]]
7-23-2020 Intel Guru Frank26 It seems to me the chest of monetary reform is resting against the tape of the Boston Marathon. The monetary reform ran the Boston Marathon and right now it is right there, touching, already ripping, heck it's already ripped and in slow motion it's falling to the ground as the monetary reform crosses the line. That's how close I feel we are to it. Because they have released the date and the rate...you don't do that until the very very last moment...I'm very intrigued by what I'm seeing and how the Iraqi dinar is being used globally on platforms and clearing houses and on Forex how it's moving. It is amazing...we are going to see the announcement of the new exchange rate...
7-23-2020 Newshound Guru Pimpy There's a lot of people in the group they always feel this is never going to happen. I get that...it's been stretched out over years. Over 10 years. 15 years for people. So I get that their frustration. If I may make a suggestion...you can go 'I'm done. This isn't going to happen.' Sell your currency back. And ignore it all together. Or what you could do instead of driving yourself crazy. Cut off the news for a little bit. That includes me...If everyday you're waking up with anticipation I would imagine there are only so many times you can be let down...this is why people shouldn't say dates or rates. The truth of the matter is nobody knows...be grounded. Be calm. It is going to happen. That's my opinion. It appears to be happening very very soon. You can see all the signs that are here...hang tight, be cool and have faith...
7-23-2020 Intel Guru Delta ...I'm gonna stick to my personal opinion even though the team does not agree with me...I wish and I hope and I pray to God I'm wrong 1000% but I'm leaning toward September...
7-23-2020 Newshound/Intel Guru Mnt Goat Where do we stand for the RV?
...I am not looking for anything in July. There are just too many pieces still to put in place to make this happen. Also we are moving into August soon and so I see a possible window opening if certain actions are taken. But I do know for a FACT that they are not going to wait until January 2021 if they can help it. They need to be on the FOREX trading now and so are pushing aggressively now to make it all happen. Also, ISX is now trading the Iraqi dinar like a currency exchange and this is a very, very good sign too. When ISX comes live on NASDAQ this will be the time they also put the dinar back to the currency exchanges. I look at the ISX move now as a testing ground for the dinar with investors.
7-23-2020 Intel Guru Frank26 ...Remember I told you the articles are saying "something new", "new mechanism". The word "exchange rate" is being used tremendously. And the reason why is because they have a rate and date for the exchange rate. It's hot news. It's out there... Article: "The Iraqi economy...the predicament of the situation and the problems of the solution" They are talking about their financial crisis...when it's all said and done... Quote: "The exchange rate is one of the "keys" to the solution" ...we have to increase the exchange rate of our currency, not decrease it, against the American dollar...isn't that cool...I'm all for it!
7-23-2020 Intel Guru MarkZ [via PDK] Its 7-23…I never thought we would still be here waiting...I am tired of living in Punxatawney. [...kuwait took few months and iqd 20 years lol.] Kuwait definently took much less time. I have some really good redemption center contacts and they have been put on “High Alert”. Banking centers have been told to stay very, very close. They were told to not make any plans for this weekend….they are expecting that they will have to work. This is the most positive sign I have seen in quite awhile.
7-23-2020 Newshound Guru Pimpy Just because Trump says he recognizes their sovereignty doesn't mean it happens instantaneously. Having said that it doesn't mean I'm kicking the can down the road. I think it's going to happen shortly after that...I think what happens is probably a week or two later you'll see this done. It's going to be shortly after the speech. But we just want to hear it be done. Then sometime shortly after that we will see what the rate it going to be on the Iraqi dinar as it gets on the Forex trading... [post 2 of 2]
7-23-2020 Newshound Guru Pimpy What you are going to see first is like this - The agreement between Kurdistan and Iraq hammered out and fixed. (I feel like that's the true reason he [Kazemi] has not been to the United States yet...) As soon as that is done hopefully Ms Plasshart talks to the United Nations saying, 'This is done. It's good. Iraq is doing everything they said they were going to do.' She thinks it's time to reinstate the sovereignty. Al-Kazemi comes over here to the Untied States, meets with Trump. They have a good meeting...Then what we're gonna do is wait for Trump to then introduce to the world Al-Kazemi. In that speech I'm hoping what we'll hear is Trump encouraging international community to once again recognize the sovereignty of Iraq - Therefore removing any type of restrictions on their currency and we see it on the Forex. [post 1 of 2....stay tuned]]
7-23-2020 Intel Guru Frank26 It seems to me the chest of monetary reform is resting against the tape of the Boston Marathon. The monetary reform ran the Boston Marathon and right now it is right there, touching, already ripping, heck it's already ripped and in slow motion it's falling to the ground as the monetary reform crosses the line. That's how close I feel we are to it. Because they have released the date and the rate...you don't do that until the very very last moment...I'm very intrigued by what I'm seeing and how the Iraqi dinar is being used globally on platforms and clearing houses and on Forex how it's moving. It is amazing...we are going to see the announcement of the new exchange rate...
7-22-2020 Intel Guru Bruce [via WiserNow] ...We were expecting this thing to go today – we had several sources that were pointing for this to start...then we got clarification on “why” it wasn’t going to go today...what happened?...Remember we talked about the Swift Financial System...countries and banks have been getting off of that system and going to the new QFS – Quantum Financial System...it turned out that we had 4 countries that were hold outs - slow to make the transition to the QFS...and those countries have all come on board – the Quantum Financial system... Now I’m just saying this is what I’m getting...we’re believing that this is coming to a close – it’s coming to fruition...so we’re feeling very good about this fairly limited but strong information that’s coming in that points toward a conclusion for us here shortly...I am very excited about where we are...
7-22-2020 Intel Guru Footforward [Any word on possible rate change within a few days.] I'm wondering how I should answer that. I'm not looking past July yet. I'm thinking it should be this summer in my opinion.
7-22-2020 Newshound Guru Pimpy ...For those of you that don't know they switched Al-Kazemi's meeting from July to August. It's coming up here very shortly. I think it was supposed to be yesterday but there were some delays and now Kazemi will be over there [Washington D.C.] in August...
7-22-2020 Intel Guru MarkZ [via PDK] We are living in Punxitawney [a town in central Pennsylvania: Groundhog Day celebration]…everybody is still sitting on “go”. I spoke with contacts out in “Treasury West” and they still have great expectations for this week and expect this to be the week for the release. I spoke with Iraqi sources and Asian sources and they are also waiting for a release and expect this to be our week...one thing I got from my Iraqi contacts is they are getting ready to shut their border down this weekend possibly.
7-22-2020 Newshound Guru Adam Montana Iran isn't the only place Iraq and Kazzammie are working. We're also witnessing positive Saudi news. We also have news regarding Iraq's oil exports... and they are NOT complying with the OPEC+ agreement. It was my opinion all along that they would not comply with that agreement... they are nodding "yes", but doing exactly what they want at the same time. Iraq is moving forward, they are strengthening all aspects of their situation... and that is GOOD for us! ...Go Kazzammie, go HCL, go Iraq...GO RRRVVVV!!! [post 2 of 2]
7-22-2020 Newshound Guru Adam Montana OIL - over $40. Good enough! ...OIL is the reason Iraq has this unique opportunity and it's the foundation for their wealth - past, lost, present, and future. If Iraq didn't have the natural resources... The opportunity wouldn't be here. But, they do, and we are here. ...Iraq has successfully migrated from the place where Iran was manipulating them, to their current position of strength with Iran. Iraq is no longer a puppet of Iran. This is one of the best possible scenarios for us! I wouldn't say it was mandatory for a progression of the RV timeline, but it's most certainly a positive thing! [post 1 of 2....stay tuned]
7-22-2020 Intel Guru Frank26 ...the "white papers" contain IMO the date, the rate and it has the numbers for the HCL. Wow. ...'A lot of people know the date and rate now?' Yeah. People that should know...this is the highest intel on planet Earth as far as I'm concerned...these files for the rate and date of the Iraqi dinar no other currency is going through this. No other currency on planet Earth can do what this currency is about to do for many countries around the world...loose lips sinks ships...there is nothing more guarded than the rate and the date...I don't know of anything of more valued than the Iraqi dinar date and rate because of what it's going to do globally. It's a global stimulus - the Iraqi dinar. Every country is prepared for it...
7-22-2020 Intel Guru MarkZ [via PDK] [Some gurus are still saying no 800 numbers.] I have had conversations with someone at a major bank who is planning on being part of this exchange where a group was p together….(not mentioning the name) but they are planning on 800 numbers for exchanges. My contacts believe there is 800 numbers and I firmly believe there will be 800 numbers so I will leave it at that.
7-22-2020 Intel Guru Footforward [Any word on possible rate change within a few days.] I'm wondering how I should answer that. I'm not looking past July yet. I'm thinking it should be this summer in my opinion.
7-22-2020 Newshound Guru Pimpy ...For those of you that don't know they switched Al-Kazemi's meeting from July to August. It's coming up here very shortly. I think it was supposed to be yesterday but there were some delays and now Kazemi will be over there [Washington D.C.] in August...
7-22-2020 Intel Guru MarkZ [via PDK] We are living in Punxitawney [a town in central Pennsylvania: Groundhog Day celebration]…everybody is still sitting on “go”. I spoke with contacts out in “Treasury West” and they still have great expectations for this week and expect this to be the week for the release. I spoke with Iraqi sources and Asian sources and they are also waiting for a release and expect this to be our week...one thing I got from my Iraqi contacts is they are getting ready to shut their border down this weekend possibly.
7-22-2020 Newshound Guru Adam Montana Iran isn't the only place Iraq and Kazzammie are working. We're also witnessing positive Saudi news. We also have news regarding Iraq's oil exports... and they are NOT complying with the OPEC+ agreement. It was my opinion all along that they would not comply with that agreement... they are nodding "yes", but doing exactly what they want at the same time. Iraq is moving forward, they are strengthening all aspects of their situation... and that is GOOD for us! ...Go Kazzammie, go HCL, go Iraq...GO RRRVVVV!!! [post 2 of 2]
7-22-2020 Newshound Guru Adam Montana OIL - over $40. Good enough! ...OIL is the reason Iraq has this unique opportunity and it's the foundation for their wealth - past, lost, present, and future. If Iraq didn't have the natural resources... The opportunity wouldn't be here. But, they do, and we are here. ...Iraq has successfully migrated from the place where Iran was manipulating them, to their current position of strength with Iran. Iraq is no longer a puppet of Iran. This is one of the best possible scenarios for us! I wouldn't say it was mandatory for a progression of the RV timeline, but it's most certainly a positive thing! [post 1 of 2....stay tuned]
7-22-2020 Intel Guru Frank26 ...the "white papers" contain IMO the date, the rate and it has the numbers for the HCL. Wow. ...'A lot of people know the date and rate now?' Yeah. People that should know...this is the highest intel on planet Earth as far as I'm concerned...these files for the rate and date of the Iraqi dinar no other currency is going through this. No other currency on planet Earth can do what this currency is about to do for many countries around the world...loose lips sinks ships...there is nothing more guarded than the rate and the date...I don't know of anything of more valued than the Iraqi dinar date and rate because of what it's going to do globally. It's a global stimulus - the Iraqi dinar. Every country is prepared for it...
7-22-2020 Intel Guru MarkZ [via PDK] [Some gurus are still saying no 800 numbers.] I have had conversations with someone at a major bank who is planning on being part of this exchange where a group was p together….(not mentioning the name) but they are planning on 800 numbers for exchanges. My contacts believe there is 800 numbers and I firmly believe there will be 800 numbers so I will leave it at that.
7-21-2020 Newshound/Intel Guru Mnt Goat This period we have seen many negotiations between Saudi Arabia and Iraq. As a result, they signed investment agreements on energy and sports, the kingdom’s state TV reported on Monday...It was also announced this week that Iran and Iraq are close to reaching an agreement regarding foreign currency exchange between the two countries. This is part of what will get us the revaluation of the Rial and Dinar. They need to put all trading partners on a level playing field in the middle east if there is going to be peace. Hang in a bit longer. Our RV is coming….
7-21-2020 Intel Guru Frank26 ...I've never seen what I've been seeing on the Iraqi stock exchange with their currency. The Iraqi dinar is climbing to new records. I've never seen anything like this before...the 'exchange rate' that's the key to turning over everything. The monetary reform. The economic reforms. Everything...Kazemi is going to announce a new exchange rate. That's the key to be announced to the citizens. It has to work with them...
7-21-2020 Newshound/Intel Guru Petra They were targeting the 15th for him [current CBI governor Allaq to leave]. Obviously there has been a delay or two. IMO it could be that he needs to get money positioned around the world so appropriate things can happen - they can make the rate change...currency has to be moving to change value...
7-21-2020 Intel Guru Frank26 ...Will we see Kazemi on the 24th? ...Is Kazemi going to go to Washington D.C.? I doubt it...Sorry Kazemi get your passports back in. Just hold up. Make an open ticket. Trump will tell you when to come over. He'll know when to tell you to come over when Pompeo turns in his report - You know the "white papers". I believe that date of the 24th has to move...I think we're going to see it very soon...
7-21-2020 Intel Guru Delta ...the Central Bank was saying printing the currency is not for the government spending. ...The central bank is basically telling everybody yes, we did print currencies but that currency we did print, they're not for the government. In my speculation. IMO those are the lower denomination that of course all of us are waiting for...
7-21-2020 Intel Guru Frank26 ...I feel, my goodness, we're right there. Somebody says to me, 'Frank, why have they delayed? What are they waiting for? When are they going to do this?' My answer to them, IMO, is they've already done it - lifted the value. That's why you see all these articles that are international with Iraq, externally with international companies. That's the only way they could have done it. What they need to do now is make this announcement...
7-21-2020 Intel Guru MarkZ [via PDK] ...There has been a lot of positioning…everyone is ready…just have not seen any money movement. My military contacts are squarely looking at the 22nd and 23rd. Banks are looking for it every day. We are stuck in a holding pattern for “something”. Lots of positive chatter out there though.
7-21-2020 Newshound Guru Pimpy Article: "Iraq receives international support to remove its name from the list of high-risk countries" Right here we have one group of people saying they have removed Iraq off a special list blacklisting them and then we have the EU saying they have blacklisted them. Here's the thing, don't be confused by them. All that's really gonna matter is what Trump says... Quote: "..Iraq receives support from some European counties to remove its names from the list of high-risk countries." This is good for them...one group said let's remove them. The other group said, no we're gonna keep them on there. Now we have this...it looks like indeed they're about to be removed. So this is all good news. This is what we're looking for. This is a step in the right direction.
7-21-2020 Intel Guru Frank26 ...I've never seen what I've been seeing on the Iraqi stock exchange with their currency. The Iraqi dinar is climbing to new records. I've never seen anything like this before...the 'exchange rate' that's the key to turning over everything. The monetary reform. The economic reforms. Everything...Kazemi is going to announce a new exchange rate. That's the key to be announced to the citizens. It has to work with them...
7-21-2020 Newshound/Intel Guru Petra They were targeting the 15th for him [current CBI governor Allaq to leave]. Obviously there has been a delay or two. IMO it could be that he needs to get money positioned around the world so appropriate things can happen - they can make the rate change...currency has to be moving to change value...
7-21-2020 Intel Guru Frank26 ...Will we see Kazemi on the 24th? ...Is Kazemi going to go to Washington D.C.? I doubt it...Sorry Kazemi get your passports back in. Just hold up. Make an open ticket. Trump will tell you when to come over. He'll know when to tell you to come over when Pompeo turns in his report - You know the "white papers". I believe that date of the 24th has to move...I think we're going to see it very soon...
7-21-2020 Intel Guru Delta ...the Central Bank was saying printing the currency is not for the government spending. ...The central bank is basically telling everybody yes, we did print currencies but that currency we did print, they're not for the government. In my speculation. IMO those are the lower denomination that of course all of us are waiting for...
7-21-2020 Intel Guru Frank26 ...I feel, my goodness, we're right there. Somebody says to me, 'Frank, why have they delayed? What are they waiting for? When are they going to do this?' My answer to them, IMO, is they've already done it - lifted the value. That's why you see all these articles that are international with Iraq, externally with international companies. That's the only way they could have done it. What they need to do now is make this announcement...
7-21-2020 Intel Guru MarkZ [via PDK] ...There has been a lot of positioning…everyone is ready…just have not seen any money movement. My military contacts are squarely looking at the 22nd and 23rd. Banks are looking for it every day. We are stuck in a holding pattern for “something”. Lots of positive chatter out there though.
7-21-2020 Newshound Guru Pimpy Article: "Iraq receives international support to remove its name from the list of high-risk countries" Right here we have one group of people saying they have removed Iraq off a special list blacklisting them and then we have the EU saying they have blacklisted them. Here's the thing, don't be confused by them. All that's really gonna matter is what Trump says... Quote: "..Iraq receives support from some European counties to remove its names from the list of high-risk countries." This is good for them...one group said let's remove them. The other group said, no we're gonna keep them on there. Now we have this...it looks like indeed they're about to be removed. So this is all good news. This is what we're looking for. This is a step in the right direction.
7-20-2020 Intel Guru MarkZ [How can your bankers be wrong every day of the week?] Because that is what they are being told. They need to be ready and in place for when it does happen….
7-20-2020 Newshound Guru MilitiaMan Article: "Parliamentary Finance warns of financing policy through the cash issue" Quotes: "There is a difference between printing the currency and the new monetary issue..."; "monetary issuance is one of the solutions for financing the deficit..." If these guys can be any more confusing than they are now, they will...They tell us the good and the bad. The good is what I focus on... It is the obvious now.. imo...The are talking about the new monetary issues. Different categories (NSCNs), as a solution for financing the deficit, as developed countries do!
7-20-2020 Intel Guru MarkZ Was very quiet this weekend…I’ve gone back and forth with a number of banking contacts. They are hearing there will be a release and funding tomorrow. Many of the redemption centers have been told they will see us this week. That is the chatter and I am hearing it from all over the place. Stories out of Europe about the corruption in the Iraq government…the new government is still cleaning it up. I have heard so much chatter about the 21st, the 22nd and the 23rd. From government sources, from press sources and others all over the place that we are about to see some land-breaking huge stuff over that 2-3 day period...Overall the news is great!!
7-20-2020 Intel Guru Footforward I'm very leery on this "the RV has happened they just haven't told anyone" stuff. Because that's impossible. You either have RV'd or you haven't. If they have, the new rate will be in cbi.iq and on forex. You can't have a secret in country rv. It doesn't work. They can be ready to go and ready to pull the trigger. But once it's pulled, you can't hide it...This can go any day. But until we...can cash out, we don't really have an RV...
7-20-2020 Newshound Guru MilitiaMan Article: "Parliamentary Finance warns of financing policy through the cash issue" Quotes: "There is a difference between printing the currency and the new monetary issue..."; "monetary issuance is one of the solutions for financing the deficit..." If these guys can be any more confusing than they are now, they will...They tell us the good and the bad. The good is what I focus on... It is the obvious now.. imo...The are talking about the new monetary issues. Different categories (NSCNs), as a solution for financing the deficit, as developed countries do!
7-20-2020 Intel Guru MarkZ Was very quiet this weekend…I’ve gone back and forth with a number of banking contacts. They are hearing there will be a release and funding tomorrow. Many of the redemption centers have been told they will see us this week. That is the chatter and I am hearing it from all over the place. Stories out of Europe about the corruption in the Iraq government…the new government is still cleaning it up. I have heard so much chatter about the 21st, the 22nd and the 23rd. From government sources, from press sources and others all over the place that we are about to see some land-breaking huge stuff over that 2-3 day period...Overall the news is great!!
7-20-2020 Intel Guru Footforward I'm very leery on this "the RV has happened they just haven't told anyone" stuff. Because that's impossible. You either have RV'd or you haven't. If they have, the new rate will be in cbi.iq and on forex. You can't have a secret in country rv. It doesn't work. They can be ready to go and ready to pull the trigger. But once it's pulled, you can't hide it...This can go any day. But until we...can cash out, we don't really have an RV...
7-19-2020 Intel Guru Delta Article: "Forex Trading in Iraq" (smile) Quotes: "Thanks to international Forex Brokers steadily expanding into Iraq, it’s now possible for Iraqi citizens and travelers to get involved in the forex market." "Our guide will help you learn more about how you can begin trading forex in Iraq, how to open a brokerage account and will introduce you to a few beginner trading strategies." [I would venture to guess that right now it's educating the Iraqi citizens how to trade on Forex, when a new international rate is exposed imo.]
7-19-2020 Newshound Guru Pimpy ...this week here is going to be very interesting. That's what I'm really watching closely. I'm expecting a couple things to happen this week. I want to see Kurdistan and Iraq hammer out this agreement. Get it signed...I want to get a thumbs up from our girl Ms Plasschaert and then we want to see Al-Kazemi get over here to meet with Trump...make that announcement [Iraq sovereignty]. That's what I'm looking forward to. That's what I'm hoping should happen this week coming up. Let's keep our fingers crossed. We'll keep an eye on it and see what happens. Hopefully we'll get some good news really really soon...
7-19-2020 Intel Guru RayRen98 Today Iraq was blacklisted by the European Union due to money laundering and corruption that still exists. This will...can become a big problem for Iraq to gain any international status being on this list. The US saying there's no time set for PM Al- Kadhimi to visit and today Al-Kadhimi is saying it is due to the virus and Trump's schedule.
7-19-2020 Intel Guru Frank26 ...even at 50 cents who's going to complain and cry about that? But the numerous recalculations did not agree with 50 cents. It agreed with being on par with the American dollar 1-to-1. One to one at the onset - at the announcement of their new exchange rate. Later they will float the Iraqi dinar in order to increase its international value. That's where we come in IMO. [Guru] Walkingstick and I feel that this 50 cents information was leaked on purpose but now it is of no value to the true value...
7-19-2020 Newshound Guru Pimpy ...this week here is going to be very interesting. That's what I'm really watching closely. I'm expecting a couple things to happen this week. I want to see Kurdistan and Iraq hammer out this agreement. Get it signed...I want to get a thumbs up from our girl Ms Plasschaert and then we want to see Al-Kazemi get over here to meet with Trump...make that announcement [Iraq sovereignty]. That's what I'm looking forward to. That's what I'm hoping should happen this week coming up. Let's keep our fingers crossed. We'll keep an eye on it and see what happens. Hopefully we'll get some good news really really soon...
7-19-2020 Intel Guru RayRen98 Today Iraq was blacklisted by the European Union due to money laundering and corruption that still exists. This will...can become a big problem for Iraq to gain any international status being on this list. The US saying there's no time set for PM Al- Kadhimi to visit and today Al-Kadhimi is saying it is due to the virus and Trump's schedule.
7-19-2020 Intel Guru Frank26 ...even at 50 cents who's going to complain and cry about that? But the numerous recalculations did not agree with 50 cents. It agreed with being on par with the American dollar 1-to-1. One to one at the onset - at the announcement of their new exchange rate. Later they will float the Iraqi dinar in order to increase its international value. That's where we come in IMO. [Guru] Walkingstick and I feel that this 50 cents information was leaked on purpose but now it is of no value to the true value...
7-18-2020 Intel Guru Footforward I disagree with Frank [Guru Frank26]. But I have a really good reason for that and hardly anyone knows why. And I can't say why. But in my opinion it MUST be over 3.50 usd to start.
7-18-2020 Intel Guru Frank26 ...Iraq can now use their own currency to buy, sell and trade with their currency internationally - globally on all continents. What's missing? The announcement that they raised the value of their currency... right now we are so close IMO...the new rate will be announced on the date that the white papers have agreed upon.
7-18-2020 Newshound Guru Pimpy I don't know about you but every day I'm looking at the news I'm just excited. I'm waiting to hear when Al-Kazemi is coming over here. I don't know if they set an official date. I think the official date is for the 22nd, 23rd. Either way I think it's next week. Like I said it seems to me like they're lining up all their ducks. A lot is getting accomplished before Al-Kazemi comes here. Our big hope is that they go ahead and reinstate the sovereignty of Iraq. But more importantly removes the restrictions off their currency...it looks like everything is lined up the way we want it to. This is good news. I'm excited about this. It seems like we are very close to achieving our goals...hopefully with the rate that all of us would be very very happy with...
7-18-2020 Intel Guru Frank26 ...dream three I believe it will be taking place before this coming Tuesday. The contents of the meeting - Will you hear about it on Tuesday or Wednesday or Thursday? I don't know. I've got a very very good feeling that you're not even going to know this meeting is going on...I got a very very very strong feeling you're not going to know anything about Pompeo...this meeting is going to happen according to my dream and the contents just like the other meetings may come out that day...or it may trickle out. But I don't think it's going to take too long...will they make the announcement of the new exchange rate tomorrow, Saturday, Sunday, Monday? The days don't matter because you're never going to know about this meeting...until they decide to tell you.
7-18-2020 Intel Guru Footforward Something happened a few days ago that I believe is being over looked. The Iraqi PM sent in the military to take control of the ports. This was done for security and to root out corruption. I think this is very telling.
7-18-2020 Intel Guru Frank26 ...Iraq can now use their own currency to buy, sell and trade with their currency internationally - globally on all continents. What's missing? The announcement that they raised the value of their currency... right now we are so close IMO...the new rate will be announced on the date that the white papers have agreed upon.
7-18-2020 Newshound Guru Pimpy I don't know about you but every day I'm looking at the news I'm just excited. I'm waiting to hear when Al-Kazemi is coming over here. I don't know if they set an official date. I think the official date is for the 22nd, 23rd. Either way I think it's next week. Like I said it seems to me like they're lining up all their ducks. A lot is getting accomplished before Al-Kazemi comes here. Our big hope is that they go ahead and reinstate the sovereignty of Iraq. But more importantly removes the restrictions off their currency...it looks like everything is lined up the way we want it to. This is good news. I'm excited about this. It seems like we are very close to achieving our goals...hopefully with the rate that all of us would be very very happy with...
7-18-2020 Intel Guru Frank26 ...dream three I believe it will be taking place before this coming Tuesday. The contents of the meeting - Will you hear about it on Tuesday or Wednesday or Thursday? I don't know. I've got a very very good feeling that you're not even going to know this meeting is going on...I got a very very very strong feeling you're not going to know anything about Pompeo...this meeting is going to happen according to my dream and the contents just like the other meetings may come out that day...or it may trickle out. But I don't think it's going to take too long...will they make the announcement of the new exchange rate tomorrow, Saturday, Sunday, Monday? The days don't matter because you're never going to know about this meeting...until they decide to tell you.
7-18-2020 Intel Guru Footforward Something happened a few days ago that I believe is being over looked. The Iraqi PM sent in the military to take control of the ports. This was done for security and to root out corruption. I think this is very telling.
7-17-2020 Newshound Guru Pimpy Article: "Forex Trading In Iraq" ...didn't I tell you we need this to start happening. You want to get a rate change? They have to be on the foreign currency exchange... Quote: "Our guide will help you learn more about how you can begin trading Forex in Iraq." Are they just talking about other people's currency or are they talking about the dinar? Quote: "...brokers often allow you to convert your dinars into reserve currencies like the USD or the Euro to use as a base currency from a dinar based account..." ...if they are teaching them [Iraqi citizens] how to trade on the Forex it's just a matter of time before the Iraqi dinar is there. This is good news...it's not going to be much longer until we see the Iraqi dinar on the Forex. That's what we're waiting for...
7-17-2020 Newshound/Intel Guru Mnt Goat Article: "FOREX TRADING IN IRAQ" Quote: "Thanks to international forex brokers steadily expanding into Iraq, IT’S NOW POSSIBLE FOR IRAQI CITIZENS AND TRAVELERS TO GET INVOLVED IN THE FOREX MARKET." So why would they be teaching Iraq about how to trade on FOREX when their own currency is not even on FOREX? Is something coming that they have not yet told them? Or have they told them only we don’t know about it? Folks this is yet another WOW article!
7-17-2020 Newshound Guru Pimpy ...the news just keeps getting better and better...Ms Blashart is the Iraqi representative for the United Nations...Ms Blashart needs to give the thumbs up and encourage international communities to once again recognize the sovereignty of Iraq. That's what we want...We want Trump to introduce him [PM Al-Kazemi] to the world and say the same thing. That he's glad to introduce him and that it's time for the international community to once again embrace Iraq and their sovereignty. We need them to turn around and remove the restrictions on their currency so that it can finally trade on the Forex. These are the big steps that we need to achieve our goal...we're just about there.
7-17-2020 Intel Guru Footforward It's my opinion the rate won't be 50 cents. People have been asking me about this a lot today. Kuwait lied about their intention to RV. They flat out said they would never revalue and the next day they did so. Media lies. Why would the Iraqi media be any different? All I can say to that is that it's my opinion that it's impossible for the rate to start out below 3.50.
7-17-2020 Intel Guru MarkZ Have not seen any changes yet. I have a diplomat contact in Iraq who is very much expecting this weekend will be big with a possible new dinar value tomorrow - but most likely before Sunday Night. I am really hoping this is accurate...lots of good chatter for this weekend.
7-17-2020 Newshound Guru Jeff everything is moving towards completing right before your eyes. Yes, it does require some time but it is also moving towards completion. Since the current PM Al-Kazemi came into position everything that we've needed to see is now moving forward. Which is good...I can't stress this anymore. Iraq must have stability before the rate can change. They have to have stability. There's no way around it.
7-17-2020 Newshound Guru Pimpy I know you guys have been told that there are these 800#s you need to call. There's no 800#s you need to call...I actually called one of these 800#s that was posted one time and it literally was to a pizza place. I was like what the hell is this about? What are these 800#s?...I went into my bank. I bank at Wells Fargo. I called the manger over and we had a talk. The first thing that come out of his mouth was he said, "I must inform you we don't buy or sell Iraqi dinar...but if it gets reinstated and it's recognized and all the restrictions are taken off again here's all you got to do. Come into the bank. Get my attention...tell me you want to go ahead and exchange the dinar. We'll take a look at it, make sure the bills are real...then I'll tell you what the current rate of exchange is. We charge you a small fee...and you can just deposit it in your bank depending on how much it is..." These 800#s I'd be very very weary of. I'm just warning you out there. Be careful...
7-17-2020 Intel Guru MarkZ [via PDK] [Have Canadians exchanged?] No…I have spoken to banking execs in 2 large Canadian banks… they assured me that nobody in Canada has received yet…maybe a bank jumped the gun ad let out some dollars…but no one really exchanged because there is no new value and no reset as of yet.
7-17-2020 Newshound/Intel Guru Mnt Goat Article: "FOREX TRADING IN IRAQ" Quote: "Thanks to international forex brokers steadily expanding into Iraq, IT’S NOW POSSIBLE FOR IRAQI CITIZENS AND TRAVELERS TO GET INVOLVED IN THE FOREX MARKET." So why would they be teaching Iraq about how to trade on FOREX when their own currency is not even on FOREX? Is something coming that they have not yet told them? Or have they told them only we don’t know about it? Folks this is yet another WOW article!
7-17-2020 Newshound Guru Pimpy ...the news just keeps getting better and better...Ms Blashart is the Iraqi representative for the United Nations...Ms Blashart needs to give the thumbs up and encourage international communities to once again recognize the sovereignty of Iraq. That's what we want...We want Trump to introduce him [PM Al-Kazemi] to the world and say the same thing. That he's glad to introduce him and that it's time for the international community to once again embrace Iraq and their sovereignty. We need them to turn around and remove the restrictions on their currency so that it can finally trade on the Forex. These are the big steps that we need to achieve our goal...we're just about there.
7-17-2020 Intel Guru Footforward It's my opinion the rate won't be 50 cents. People have been asking me about this a lot today. Kuwait lied about their intention to RV. They flat out said they would never revalue and the next day they did so. Media lies. Why would the Iraqi media be any different? All I can say to that is that it's my opinion that it's impossible for the rate to start out below 3.50.
7-17-2020 Intel Guru MarkZ Have not seen any changes yet. I have a diplomat contact in Iraq who is very much expecting this weekend will be big with a possible new dinar value tomorrow - but most likely before Sunday Night. I am really hoping this is accurate...lots of good chatter for this weekend.
7-17-2020 Newshound Guru Jeff everything is moving towards completing right before your eyes. Yes, it does require some time but it is also moving towards completion. Since the current PM Al-Kazemi came into position everything that we've needed to see is now moving forward. Which is good...I can't stress this anymore. Iraq must have stability before the rate can change. They have to have stability. There's no way around it.
7-17-2020 Newshound Guru Pimpy I know you guys have been told that there are these 800#s you need to call. There's no 800#s you need to call...I actually called one of these 800#s that was posted one time and it literally was to a pizza place. I was like what the hell is this about? What are these 800#s?...I went into my bank. I bank at Wells Fargo. I called the manger over and we had a talk. The first thing that come out of his mouth was he said, "I must inform you we don't buy or sell Iraqi dinar...but if it gets reinstated and it's recognized and all the restrictions are taken off again here's all you got to do. Come into the bank. Get my attention...tell me you want to go ahead and exchange the dinar. We'll take a look at it, make sure the bills are real...then I'll tell you what the current rate of exchange is. We charge you a small fee...and you can just deposit it in your bank depending on how much it is..." These 800#s I'd be very very weary of. I'm just warning you out there. Be careful...
7-17-2020 Intel Guru MarkZ [via PDK] [Have Canadians exchanged?] No…I have spoken to banking execs in 2 large Canadian banks… they assured me that nobody in Canada has received yet…maybe a bank jumped the gun ad let out some dollars…but no one really exchanged because there is no new value and no reset as of yet.
7-16-2020 Newshound/Intel Guru Mnt Goat So here we are mid-July already and still no RV. However, I am seeing there are prospects and potential that maybe early to mid-August a window is opening up. There is a real possibly to see some real news of the “project do delete the zeros” again in the news media and it will come out shortly. ...Rumors are floating around that they are now discussing this revaluation process and want to start it. Parliament wants about 1 dinar to .50 cents and so they argue. Remember parliament does not make financial policy and so the CBI will determine and will make recommendations (and have the final say). I do not think it will come out with anything that low and it will be around 1.00 (plus or minus .20 cents). Yes, they will have to sell the new rate to parliament and may even ask for a vote. But this is all now surfaced and underway. ...They are now deciding what to do and when to do it. This is all fantastic news! WOW!
7-16-2020 Intel Guru RayRen98 EVERYONE IS EXCITED AND "STILL" ON ALERT...I BELIEVE...THAT "IN THE COMING DAYS" ARE DEFINITELY COMING! $$$... SOME BANKERS ARE VERY, VERY EXCITED ABOUT THE END OF "THIS" WEEK...TIME WILL TELL!!
7-16-2020 Intel Guru Bruce [via WiserNow] ...exchange of the foreign currency...will create for you in a tax free event that creates money in the form of the exchange so that is NOT taxable... [Check with your tax consultant at the appropriate time.]
7-16-2020 Intel Guru MarkZ [via PDK] No movement or exchanging overnight…On the banking side they believe that yesterday was a very close call. And we will see things start today. We are very close to seeing the end of it…We can see it unfolding right in front of our eyes.
7-16-2020 Newshound Guru Pimpy Having said that, I don't want people going, "Pimpy said this is what it's gonna be." No. I'm not saying that. This article is brought to my attention...don't stress over this. This is just a suggestion. We've seen articles like this all over...there's a part of me that thinks that might be fine that they start off there but don't be surprised if it starts going up after that. Maybe not right away. Maybe they'll keep you guys fooled for about a month. 4 months. 6 months. Just to see how many of you guys start bringing in all your dinars. Then you start to see a movement on the IQD and it starts going up. This is just a roadmap. No I'm not saying that's what's it's going to be. What I'm saying is according to this article that's about where they figure this out. Lower the value and then remove the 3 zeros off the rate and then move it into somewhere around 56 cents for every 1 dinar... [Post 3 of 3]
7-16-2020 Newshound Guru Pimpy Why are people complaining about this? You've invested very little into a currency and they're willing to give you 50 cents for every one dinar? ...this is a suggestion. They're saying this is a roadmap and they're explaining why they want to do this...You will probably never get another type of return like that on any investment ever again. People say, "Does that make you mad?" No. I would be happy with that...I would still be very well-to-do. Sure who doesn't want more. Who didn't want the $3.22 rate. I would love that. I would have been happy with the $1.13 rate or the $1.34 rate...Let me ask you guys a question...if you knew for sure you were gonna get back 56 cents for every Iraqi dinar and you knew you weren't gonna get it until next July - Are you pissed off? Are you mad? Are you unhappy with that type of return on your money? I mean seriously, are you? Because people are complaining about it... [Post 2 of 3....stay tuned]
7-16-2020 Newshound Guru Pimpy ...an article came out by an economist... making a suggestion...about the dinar rate and the deletion of zeros... Article: "A deputy presents a roadmap to solve the financial crisis in Iraq" ...He is making a roadmap to where they think they need to be in order to get them where they need to be as a country...we know for every 1 USD you get 1190 Iraqi dinars... Quote : " Exchange rate - begin to gradually reduce the Iraq dinar price to reach 1500 dinars against the dollar until the end of the year 2020..." So if they increase the amount of dinars we get for every 1 dollar, that's obviously bad for us. That means they're lowering the value of the dinar. The smaller this number gets, the better it is for us. So they're saying they wanna increase the rate to 1500 dinars against the dollar until the end of the year 2020 and then review the economical situation...this is a suggestion. It isn't written in stone...they are talking about a rate possibly (again this is just a suggestion) by next July of 56 cents. [Post 1 of 3....stay tuned]
7-16-2020 Newshound Guru MilitiaMan Article: "Private sector and building the national economy" Quote: "The call to encourage the private sector is one of the first policies required to be adopted to contribute to building the national economy, because of the need for local capital and not to rely entirely on oil imports," They clearly are telling us they are going to a market economy... They have to enforce the need for the local economy to support the endeavor of changing the value of the IQD. Nothing new, but, now that it will be fresh it is reinforcement of the plan...They need the investors to be on board and that comes with sound banking...imo!
7-16-2020 Intel Guru RayRen98 EVERYONE IS EXCITED AND "STILL" ON ALERT...I BELIEVE...THAT "IN THE COMING DAYS" ARE DEFINITELY COMING! $$$... SOME BANKERS ARE VERY, VERY EXCITED ABOUT THE END OF "THIS" WEEK...TIME WILL TELL!!
7-16-2020 Intel Guru Bruce [via WiserNow] ...exchange of the foreign currency...will create for you in a tax free event that creates money in the form of the exchange so that is NOT taxable... [Check with your tax consultant at the appropriate time.]
7-16-2020 Intel Guru MarkZ [via PDK] No movement or exchanging overnight…On the banking side they believe that yesterday was a very close call. And we will see things start today. We are very close to seeing the end of it…We can see it unfolding right in front of our eyes.
7-16-2020 Newshound Guru Pimpy Having said that, I don't want people going, "Pimpy said this is what it's gonna be." No. I'm not saying that. This article is brought to my attention...don't stress over this. This is just a suggestion. We've seen articles like this all over...there's a part of me that thinks that might be fine that they start off there but don't be surprised if it starts going up after that. Maybe not right away. Maybe they'll keep you guys fooled for about a month. 4 months. 6 months. Just to see how many of you guys start bringing in all your dinars. Then you start to see a movement on the IQD and it starts going up. This is just a roadmap. No I'm not saying that's what's it's going to be. What I'm saying is according to this article that's about where they figure this out. Lower the value and then remove the 3 zeros off the rate and then move it into somewhere around 56 cents for every 1 dinar... [Post 3 of 3]
7-16-2020 Newshound Guru Pimpy Why are people complaining about this? You've invested very little into a currency and they're willing to give you 50 cents for every one dinar? ...this is a suggestion. They're saying this is a roadmap and they're explaining why they want to do this...You will probably never get another type of return like that on any investment ever again. People say, "Does that make you mad?" No. I would be happy with that...I would still be very well-to-do. Sure who doesn't want more. Who didn't want the $3.22 rate. I would love that. I would have been happy with the $1.13 rate or the $1.34 rate...Let me ask you guys a question...if you knew for sure you were gonna get back 56 cents for every Iraqi dinar and you knew you weren't gonna get it until next July - Are you pissed off? Are you mad? Are you unhappy with that type of return on your money? I mean seriously, are you? Because people are complaining about it... [Post 2 of 3....stay tuned]
7-16-2020 Newshound Guru Pimpy ...an article came out by an economist... making a suggestion...about the dinar rate and the deletion of zeros... Article: "A deputy presents a roadmap to solve the financial crisis in Iraq" ...He is making a roadmap to where they think they need to be in order to get them where they need to be as a country...we know for every 1 USD you get 1190 Iraqi dinars... Quote : " Exchange rate - begin to gradually reduce the Iraq dinar price to reach 1500 dinars against the dollar until the end of the year 2020..." So if they increase the amount of dinars we get for every 1 dollar, that's obviously bad for us. That means they're lowering the value of the dinar. The smaller this number gets, the better it is for us. So they're saying they wanna increase the rate to 1500 dinars against the dollar until the end of the year 2020 and then review the economical situation...this is a suggestion. It isn't written in stone...they are talking about a rate possibly (again this is just a suggestion) by next July of 56 cents. [Post 1 of 3....stay tuned]
7-16-2020 Newshound Guru MilitiaMan Article: "Private sector and building the national economy" Quote: "The call to encourage the private sector is one of the first policies required to be adopted to contribute to building the national economy, because of the need for local capital and not to rely entirely on oil imports," They clearly are telling us they are going to a market economy... They have to enforce the need for the local economy to support the endeavor of changing the value of the IQD. Nothing new, but, now that it will be fresh it is reinforcement of the plan...They need the investors to be on board and that comes with sound banking...imo!
7-15-2020 Newshound Guru Adam Montana We are seeing the most positive HCL news that we have seen in... well, ever... Go HCL. Go Iraq. GO RV!!!
7-15-2020 Intel Guru Bruce [via WiserNow] ...we did have a delay...and this was caused by a particular banker that tried to get in/gain the system between the point of our new deposits going in and the time they were fully protected under the Quantum Financial System – QFS... Now – we are where we are – we know this thing has been a moving target since the beginning... we know they don’t want us to know when it’s going to go – even though I had really strong information for it rolling out today [Tuesday] – because of this delay – because of this one banker and the whole plan he had put together...we got delayed and it wasn’t going to happen today for us – tomorrow [Wednesday] is looking good so.. we’ll see how that shakes out...
7-15-2020 Intel Guru Delta 2 DINAR PER $ ...THE PLAN IS...STATEMENT FROM PARLIAMENT...MORE INFORMATION SHOULD BE COMING OUT... [...are you saying the plan is for the Dinar to come out at .50 cents? 2 Dinars equals $1.00 USD.] YES THEY ARE SAYING THAT PARLIAMENT ON TV...WE SHOULD GET MORE INFORMATION...
7-15-2020 Intel Guru MarkZ [via PDK] There has not been a change in value yet anywhere… I cannot find anyone who has received money as of yet and no money movement as of yesterday. . They are still on call …they are still sitting at the edge of their seats waiting. Guess we are still in a holding pattern. [Will we see the new dinar rate this week?] Iraq is not sovereign just yet. I do think they are definitely close though. Perhaps days…I am very confident we will see it this month.
7-15-2020 Newshound/Intel Guru Mnt Goat ...we definitely know they know about...corruption but the only way out of is to lift the sanctions and reinstate their currency so they can legally use it for trade. When will they finally do this? They can only do it when the World Bank, IMF and the US Treasury says its okay to do it. I think that past August they run out of alternatives for sure. Can they really afford to even do that long? ...I had a recent talk with my CBI contact in Iraq and I am being told they fully plan to rollout the “project to delete the zeros” very soon, but not in July. So we can expect to see articles on this subject matter within the next weeks. ...In these articles, like in previous times, they will give us a time period that will give us a closer look at when to expect a revaluation as a result.
7-15-2020 Newshound Guru Pimpy ...Every day it looks like we're closer and closer. Not only that there's a move right now by the UN to reestablish the sovereignty of Iraq. I told you they were gonna do that didn't I say this was gonna be their goal. That's what we're hoping for...
7-15-2020 Newshound Guru Jeff Article: "Al-Kadhimi: We have a plan to reform the financial and administrative system to free itself from oil slavery" Prior to June they were just coming out telling you they really needed to do things to improve their economy, attract and promote investment, that kind of thing...started in July they dialed in a little deeper on all that...They came out with the "white paper" - remember the white paper is the roadmap for the whole rate change and the whole economy structure. It's how they want their economy going forward but it also has everything in it for the rate change as well...it's very important to watch and observe what they do and what they tell us right now...
7-15-2020 Newshound/Intel Guru Petra Article: "An economist warns against Iraq facing the fate and financial crisis of Lebanon" Quote: "the price of the dinar, if it falls, the value of salaries decreases very significantly, although the number remains the same." Here we are again with another commentary on decreasing value of the dinar. That is off the table as a solution and the CBI knows it. We all know that lowering the dinar value reduces the PP [Purchasing Power ?] of all Iraqi's and that is "not" the direction they are going as evidence in the actions being taken with the "White Paper!!" ...So, relax, the plan is afoot and great things are coming. Posts like this to me are educating the citizenry why they will "not" devalue their currency as the plan is to provide even greater PP then they have ever seen! To me, this is a friendly reminder of why they are focused on a better future!!! All IMO...
7-15-2020 Intel Guru Bruce [via WiserNow] ...we did have a delay...and this was caused by a particular banker that tried to get in/gain the system between the point of our new deposits going in and the time they were fully protected under the Quantum Financial System – QFS... Now – we are where we are – we know this thing has been a moving target since the beginning... we know they don’t want us to know when it’s going to go – even though I had really strong information for it rolling out today [Tuesday] – because of this delay – because of this one banker and the whole plan he had put together...we got delayed and it wasn’t going to happen today for us – tomorrow [Wednesday] is looking good so.. we’ll see how that shakes out...
7-15-2020 Intel Guru Delta 2 DINAR PER $ ...THE PLAN IS...STATEMENT FROM PARLIAMENT...MORE INFORMATION SHOULD BE COMING OUT... [...are you saying the plan is for the Dinar to come out at .50 cents? 2 Dinars equals $1.00 USD.] YES THEY ARE SAYING THAT PARLIAMENT ON TV...WE SHOULD GET MORE INFORMATION...
7-15-2020 Intel Guru MarkZ [via PDK] There has not been a change in value yet anywhere… I cannot find anyone who has received money as of yet and no money movement as of yesterday. . They are still on call …they are still sitting at the edge of their seats waiting. Guess we are still in a holding pattern. [Will we see the new dinar rate this week?] Iraq is not sovereign just yet. I do think they are definitely close though. Perhaps days…I am very confident we will see it this month.
7-15-2020 Newshound/Intel Guru Mnt Goat ...we definitely know they know about...corruption but the only way out of is to lift the sanctions and reinstate their currency so they can legally use it for trade. When will they finally do this? They can only do it when the World Bank, IMF and the US Treasury says its okay to do it. I think that past August they run out of alternatives for sure. Can they really afford to even do that long? ...I had a recent talk with my CBI contact in Iraq and I am being told they fully plan to rollout the “project to delete the zeros” very soon, but not in July. So we can expect to see articles on this subject matter within the next weeks. ...In these articles, like in previous times, they will give us a time period that will give us a closer look at when to expect a revaluation as a result.
7-15-2020 Newshound Guru Pimpy ...Every day it looks like we're closer and closer. Not only that there's a move right now by the UN to reestablish the sovereignty of Iraq. I told you they were gonna do that didn't I say this was gonna be their goal. That's what we're hoping for...
7-15-2020 Newshound Guru Jeff Article: "Al-Kadhimi: We have a plan to reform the financial and administrative system to free itself from oil slavery" Prior to June they were just coming out telling you they really needed to do things to improve their economy, attract and promote investment, that kind of thing...started in July they dialed in a little deeper on all that...They came out with the "white paper" - remember the white paper is the roadmap for the whole rate change and the whole economy structure. It's how they want their economy going forward but it also has everything in it for the rate change as well...it's very important to watch and observe what they do and what they tell us right now...
7-15-2020 Newshound/Intel Guru Petra Article: "An economist warns against Iraq facing the fate and financial crisis of Lebanon" Quote: "the price of the dinar, if it falls, the value of salaries decreases very significantly, although the number remains the same." Here we are again with another commentary on decreasing value of the dinar. That is off the table as a solution and the CBI knows it. We all know that lowering the dinar value reduces the PP [Purchasing Power ?] of all Iraqi's and that is "not" the direction they are going as evidence in the actions being taken with the "White Paper!!" ...So, relax, the plan is afoot and great things are coming. Posts like this to me are educating the citizenry why they will "not" devalue their currency as the plan is to provide even greater PP then they have ever seen! To me, this is a friendly reminder of why they are focused on a better future!!! All IMO...
7-14-2020 Intel Guru MarkZ [via PDK] Leaders of Iraq Vietnam and Zimbabwe are here in America to talk to Trump. As I understand it Iraq arrived in DC yesterday with some high-level meetings starting today. Would it make sense for some announcements of a change in the Iraqi currency since they are here? They will not only be in DC but also in New York…which is home to the UN. I am looking for this to be an absolutely huge week of news and movement.
7-14-2020 Intel Guru Frank26 Article: "He revealed the files of Al Kazemi's upcoming visit to Washington". Why in the world is the Prime Minister of Iraq going to Washington DC? To play tiddlywinks? Just a friendly little chat and visit? ...the relationship between the United States and Iraq has become very strategic. A dialogue has been established. Why? Because they met the benchmarks.
7-14-2020 Newshound/Intel Guru Petra ...there is a lot happening behind the scenes that we can't comment on. I know there are things I know that I can't comment on that are occurring from a global perspective because of what I do. I want to encourage you that this train is coming in. It has too. There are too many things that are going on extraneously outside of just the Iraqi dinar that is making this happen. The fact that you are in this now is a gift from God. I would implore you to ask him for guidance and direction as to what you do with this money. Be discerning. There are a lot of wolves out there. I would hate you guys to study and listen and lose it because you didn't think through it...we're seeing the fine print begin tapped out because this contract is ready to be done...the progress being made is phenomenal. It's exciting. Yes there are hiccups...but they're getting there. They're getting it done...there isn't much left to do...we're at a point now where they have to make their move and it's going to be soon...
7-14-2020 Intel Guru MarkZ [via PDK] The first appointment that I know of where people could receive dollars is supposed to be today…so could it happen today? Possibly, but no one knows for sure. There is very positive things from Iraq with the expectation of a new rate Wednesday or Saturday. Chatter out of Zurich, Hong Kong and Dubai…also Miami and Richmond which have been suddenly tapped to help handle exchange stuff. They are all talking about appointments with liquidity and moving forward. Nobody knows the date…but everybody thinks it’s close...I am excited about the news that they are positioned for exchanges...
7-14-2020 Intel Guru Frank26 Article "The Central Bank Participates In the Bani Platform". This is extremely important for you to pay close attention to. This is also dealing with the IBBC...they're saying that the Central Bank is participating now in different platforms...If you look up that word platform when it comes to banking it stands for international communication between banks...why in the world would a program rate that is sanctioned on the United Nations Security Council need platforms with banks from Iraq to have a platform communication with banks outside of Iraq? It's a program rate for crying out loud. They're not Article VIII for crying out loud. They're not international but when you see these types of footsteps...follow these tracks follow the money you'll understand what's going on...This is the evidence of things not seen yet.
7-14-2020 Newshound/Intel Guru Petra ...I've been consuming a lot of popcorn. It's because there's so much going on it's kind of like a movie...I'm really focusing on the CBI. I'm looking at what Parliament is doing...I'm looking at many areas of not only Iraq but globally what's happening macro economically with the price of oil with this pandemic that we're dealing with. The impact that's having on everywhere is really quite amazing. What's a particular interest to me this week has been the activities of all these outside sources that are getting engaged with Iraq...we're in a place right now that's very quite quite exciting IMO. It's exciting to watch. It truly is a play in progress. We're getting to that final end game...
7-14-2020 Newshound Guru Pimpy I want to make something perfectly clear because people are conflating something I'm saying. When I say recognize the sovereignty, that's a major step towards them getting the reinstatement or revaluing of their currency. Their currency must be recognized internationally again and that won't happen until they get their sovereignty again and the restriction on their currencies are removed. Somebody's telling me 'There is no restrictions.' Yeah there is. There's big restriction on the currency. That's what we're anticipating. An announcement by Trump that he will recognize and encourage the world to recognize the sovereignty. It would be a huge step and then we want an announcement about the same time or shortly after that the restriction on Iraq's dinar have been removed and we can start seeing it trade once again on the Forex. That's what we want to see...I'm expecting these next two weeks to be really big...
7-14-2020 Intel Guru Frank26 Article: "He revealed the files of Al Kazemi's upcoming visit to Washington". Why in the world is the Prime Minister of Iraq going to Washington DC? To play tiddlywinks? Just a friendly little chat and visit? ...the relationship between the United States and Iraq has become very strategic. A dialogue has been established. Why? Because they met the benchmarks.
7-14-2020 Newshound/Intel Guru Petra ...there is a lot happening behind the scenes that we can't comment on. I know there are things I know that I can't comment on that are occurring from a global perspective because of what I do. I want to encourage you that this train is coming in. It has too. There are too many things that are going on extraneously outside of just the Iraqi dinar that is making this happen. The fact that you are in this now is a gift from God. I would implore you to ask him for guidance and direction as to what you do with this money. Be discerning. There are a lot of wolves out there. I would hate you guys to study and listen and lose it because you didn't think through it...we're seeing the fine print begin tapped out because this contract is ready to be done...the progress being made is phenomenal. It's exciting. Yes there are hiccups...but they're getting there. They're getting it done...there isn't much left to do...we're at a point now where they have to make their move and it's going to be soon...
7-14-2020 Intel Guru MarkZ [via PDK] The first appointment that I know of where people could receive dollars is supposed to be today…so could it happen today? Possibly, but no one knows for sure. There is very positive things from Iraq with the expectation of a new rate Wednesday or Saturday. Chatter out of Zurich, Hong Kong and Dubai…also Miami and Richmond which have been suddenly tapped to help handle exchange stuff. They are all talking about appointments with liquidity and moving forward. Nobody knows the date…but everybody thinks it’s close...I am excited about the news that they are positioned for exchanges...
7-14-2020 Intel Guru Frank26 Article "The Central Bank Participates In the Bani Platform". This is extremely important for you to pay close attention to. This is also dealing with the IBBC...they're saying that the Central Bank is participating now in different platforms...If you look up that word platform when it comes to banking it stands for international communication between banks...why in the world would a program rate that is sanctioned on the United Nations Security Council need platforms with banks from Iraq to have a platform communication with banks outside of Iraq? It's a program rate for crying out loud. They're not Article VIII for crying out loud. They're not international but when you see these types of footsteps...follow these tracks follow the money you'll understand what's going on...This is the evidence of things not seen yet.
7-14-2020 Newshound/Intel Guru Petra ...I've been consuming a lot of popcorn. It's because there's so much going on it's kind of like a movie...I'm really focusing on the CBI. I'm looking at what Parliament is doing...I'm looking at many areas of not only Iraq but globally what's happening macro economically with the price of oil with this pandemic that we're dealing with. The impact that's having on everywhere is really quite amazing. What's a particular interest to me this week has been the activities of all these outside sources that are getting engaged with Iraq...we're in a place right now that's very quite quite exciting IMO. It's exciting to watch. It truly is a play in progress. We're getting to that final end game...
7-14-2020 Newshound Guru Pimpy I want to make something perfectly clear because people are conflating something I'm saying. When I say recognize the sovereignty, that's a major step towards them getting the reinstatement or revaluing of their currency. Their currency must be recognized internationally again and that won't happen until they get their sovereignty again and the restriction on their currencies are removed. Somebody's telling me 'There is no restrictions.' Yeah there is. There's big restriction on the currency. That's what we're anticipating. An announcement by Trump that he will recognize and encourage the world to recognize the sovereignty. It would be a huge step and then we want an announcement about the same time or shortly after that the restriction on Iraq's dinar have been removed and we can start seeing it trade once again on the Forex. That's what we want to see...I'm expecting these next two weeks to be really big...
7-13-2020 Newshound Guru Adam Montana When the Iraqi Dinar is ReValued to a higher rate, it will become more desirable to do business in Iraq. Many people will be less hesitant to sign contracts and invest in Iraq. The current Iraqi Stock Exchange (ISX) should see some major movement… and the CBI (Central Bank of Iraq) is going to make tons of money on the exchanges! I believe that Iraq can sustain a very stable currency at a rate of $3 or higher, but I don’t think they will immediately jump to that rate even if they ultimately desire it to be so... [post 2 of 2]
7-13-2020 Newshound Guru Adam Montana ...The most important concept to understand today is this: The CBI makes money on every auction, and they will continue to do so forever. When the Dinar changes value, the CBI buys it at a lower rate, and then sells it at a higher rate. The CBI will ALWAYS choose the path that makes them the most money. I agree that a lower rate than Kuwait will be a blow to the ego’s of the Iraqis. I agree that it should be on par with the USD, or even higher. I agree that the rate WILL get there… eventually. [post 1 of 2....stay tuned]
7-13-2020 Newshound Guru Pimpy I would love to see Dr. Shabibi come back. It's been a rumor. He's really really super old and I think people that were giving him a lot of hell are no longer really there so it's a possibility. I'm definitely curious about what if he does come back. It'd be a huge positive step. I think this man knows what the heck he's doing and I would like to see him get back in control of the Iraqi bank...
7-13-2020 Newshound Guru Jeff ...the last few months I've been putting a huge emphasis on saying Iraq has to have stability before the rate can change. They're telling you that. If you look at the amount of articles coming out between Erbil which is Kurdistan and Baghdad there's a lot...this is very serious...Iraq has to have stability, meaning they have to be able to work together before that rate can change, before they can go international...they just need a little more time. They're using the word "complete" which means ending or completion, towards a comprehensive agreement. So they're suggesting to us that they're close to having an agreement reached...
7-13-2020 Newshound Guru Pimpy ...the articles that I'm seeing are showing me that there's a lot of preparation getting done before Al-Kazemi's visit over here into the United States...we see the World Bank is there...they're most likely going to be the people that pull the trigger on a rate change...but we need to get the green light from...the United Nation once again recognizing the sovereignty of Iraqi people and the restrictions moved off their money. We will be eyeballing that. But first we have to get their sovereignty reinstated. That's what we're waiting for...
7-13-2020 Newshound Guru Adam Montana I agree with a few of the speculations above. [reference posts 1 and 2 7-13-2020] But my opinion of the rate goes a little deeper… it includes a “business sense analysis” that everyone might consider. Iraq is a business – and the business is natural reserves. Iraq holds a majority of the worlds natural gas and also black gold, also known as “oil”. When...the HCL has been settled, they will begin operating their business using the same principals any other successful company uses – the goals being profit, sustainability, and success! [post 3 of 3]
7-13-2020 Newshound Guru Adam Montana
Based on “equal to the USD”: We see articles all the time that reference the US Dollar, stating that the CBI wants the IQD to be equal to the USD. An easy assumption is to simply RV at 1:1, making a 10,000IQD note worth $10,000.
Based on “they can’t RV low or investors will buy too much!”: Some people state they will not cash in for anything less than $1. They state that Iraq would be foolish to RV at a low rate, because then big money will come in and buy up a ton of Dinar before it can go higher. (This theory is wrong, FYI.) [post 2 of 3....stay tuned]
7-13-2020 Newshound Guru Adam Montana Speculated rates and theories:
Based on Kuwaiti Dinar: It’s been said that the rate must equal their neighboring Kuwaiti Dinar rate, which would put the Dinar at $3+. Many people speculate that the Iraqi’s are a prideful people, and it would be a slap in the face to have a revalued currency be less than Kuwaits.
Based on "dropping the 0′s": It’s mentioned many times in the news that the 0′s could be dropped, which would mean one of two things: 1. The 0′s are dropped from the bills, which essentially puts most investors at a break even return. Nothing gained, nothing lost. 2. The 0′s are dropped from the exchange rate, which is currently .00086 (Dinars are worth about 1170 IQD per 1USD, or an exchange of .00086). This means your dinars are worth .86 USD per Dinar – in other words, a 10,000 IQD note is exchanged for $8,600 minus spread and bank fees. [post 1 of 3....stay tuned]
7-13-2020 Newshound Guru Adam Montana ...The most important concept to understand today is this: The CBI makes money on every auction, and they will continue to do so forever. When the Dinar changes value, the CBI buys it at a lower rate, and then sells it at a higher rate. The CBI will ALWAYS choose the path that makes them the most money. I agree that a lower rate than Kuwait will be a blow to the ego’s of the Iraqis. I agree that it should be on par with the USD, or even higher. I agree that the rate WILL get there… eventually. [post 1 of 2....stay tuned]
7-13-2020 Newshound Guru Pimpy I would love to see Dr. Shabibi come back. It's been a rumor. He's really really super old and I think people that were giving him a lot of hell are no longer really there so it's a possibility. I'm definitely curious about what if he does come back. It'd be a huge positive step. I think this man knows what the heck he's doing and I would like to see him get back in control of the Iraqi bank...
7-13-2020 Newshound Guru Jeff ...the last few months I've been putting a huge emphasis on saying Iraq has to have stability before the rate can change. They're telling you that. If you look at the amount of articles coming out between Erbil which is Kurdistan and Baghdad there's a lot...this is very serious...Iraq has to have stability, meaning they have to be able to work together before that rate can change, before they can go international...they just need a little more time. They're using the word "complete" which means ending or completion, towards a comprehensive agreement. So they're suggesting to us that they're close to having an agreement reached...
7-13-2020 Newshound Guru Pimpy ...the articles that I'm seeing are showing me that there's a lot of preparation getting done before Al-Kazemi's visit over here into the United States...we see the World Bank is there...they're most likely going to be the people that pull the trigger on a rate change...but we need to get the green light from...the United Nation once again recognizing the sovereignty of Iraqi people and the restrictions moved off their money. We will be eyeballing that. But first we have to get their sovereignty reinstated. That's what we're waiting for...
7-13-2020 Newshound Guru Adam Montana I agree with a few of the speculations above. [reference posts 1 and 2 7-13-2020] But my opinion of the rate goes a little deeper… it includes a “business sense analysis” that everyone might consider. Iraq is a business – and the business is natural reserves. Iraq holds a majority of the worlds natural gas and also black gold, also known as “oil”. When...the HCL has been settled, they will begin operating their business using the same principals any other successful company uses – the goals being profit, sustainability, and success! [post 3 of 3]
7-13-2020 Newshound Guru Adam Montana
Based on “equal to the USD”: We see articles all the time that reference the US Dollar, stating that the CBI wants the IQD to be equal to the USD. An easy assumption is to simply RV at 1:1, making a 10,000IQD note worth $10,000.
Based on “they can’t RV low or investors will buy too much!”: Some people state they will not cash in for anything less than $1. They state that Iraq would be foolish to RV at a low rate, because then big money will come in and buy up a ton of Dinar before it can go higher. (This theory is wrong, FYI.) [post 2 of 3....stay tuned]
7-13-2020 Newshound Guru Adam Montana Speculated rates and theories:
Based on Kuwaiti Dinar: It’s been said that the rate must equal their neighboring Kuwaiti Dinar rate, which would put the Dinar at $3+. Many people speculate that the Iraqi’s are a prideful people, and it would be a slap in the face to have a revalued currency be less than Kuwaits.
Based on "dropping the 0′s": It’s mentioned many times in the news that the 0′s could be dropped, which would mean one of two things: 1. The 0′s are dropped from the bills, which essentially puts most investors at a break even return. Nothing gained, nothing lost. 2. The 0′s are dropped from the exchange rate, which is currently .00086 (Dinars are worth about 1170 IQD per 1USD, or an exchange of .00086). This means your dinars are worth .86 USD per Dinar – in other words, a 10,000 IQD note is exchanged for $8,600 minus spread and bank fees. [post 1 of 3....stay tuned]
7-12-2020 Newshound Guru Adam Montana The rate - let's address that, because it's important...One of the most frustrating things about this adventure is the math... The value WILL go up. The question is, and always has been... How much, and when?... Unfortunately, there is no way to know for sure. That's why this is called "speculation" instead of "guaranteed", just like "fishing" isn't called "catching". (We all know how many fish you catch if you never throw a line out!) ...What we CAN do is make reasonable guesses. We can form informed opinions. ...I think the Iraqi Dinar should have a higher value, and I think we are simply waiting on the HCL...to be finalized… then it will be “GO” time! ...HCL is next. The RV will be shortly after that, or it will happen simultaneously. Either way... we are closing in on the final day. ... Go HCL, Go Iraq, GO RRRRRVVVVVV!!!
7-12-2020 Intel Guru RayRen98 ...Major security operations will be launched today [Saturday] to secure the borders and stop the theft and corruption being controlled by Iran at the Mandali outlet. The port will be under the protection of Iraqi military forces...according to PM Al-Kadhimi during his visit there... Al-Kadhimi on Iraqi TV saying the upcoming meeting with USA will help lead Iraq to international acceptance and all things there will be brought back to Parliament for agreement and a vote...The citizens are calling for a total dissolve of Parliament saying it costs a billion dollars a year on salaries that have not lead to help to the citizens on the streets. They are calling for early elections saying the deep state of Iranian-backed members in the Parliament already disagree with the meeting in Washington and will not agree to vote on anything, so to move forward Iraq has to dismantle the Parliament and do early election.
7-12-2020 Newshound Guru Adam Montana ...The main holdup has been political. When Saddam was removed, the entire government basically collapsed, and the world lost faith in Iraq's ability to do... anything...The current situation is entirely different than the situation that dropped the value of the Dinar. In fact, the current situation is entirely different than that of Iraq even 5 years ago! We currently have a Prime Minister in place who is finally doing all the right things. I have affectionately named him "Kazzamie" because the progress he's made seems like a magic trick at times! ...The next crucial step to this journey, and this is a fundamental part of it, is the HCL. "HCL", or "Hydro Carbon Law", is the agreement necessary to furthering Iraq's regaining of wealth. Without the HCL in place, there is no financial agreement within Iraq, and it is more beneficial to the politicians to keep the rate low. Once the HCL is in place, it will be more beneficial to have a higher rate... and we are seeing a LOT of promising news on HCL right now... [post 2 of 2]
7-12-2020 Newshound Guru Adam Montana There are so many things that I want to go over right now I barely know where to start! ...There are changes coming in the tax codes (for multiple countries), there are political situations that are extremely relevant and telling, and so much more is happening all at once right now! ...The "basics" are simple, and that's all anyone really needs to be able to sit back and wait. Iraq previously held one of the highest valued currencies in the world, and one day they will again. Although their country was knocked into the stone ages through a series of events that are now somewhat ancient history, Iraq still holds a majority of the black gold available on this planet. While the world runs on this stuff, and it will continue to do so, Iraq continues to hold an immensely powerful position. They suffered some extreme setbacks, but they did not lose their oil. This is a no-brainer to me - the value of Iraq's currency will rise again. [post 1 of 2....stay tuned]
7-12-2020 Newshound Guru Kaperoni ... securing the ports reduces corruption and gets rid of the Iranian influence currently using the border to smuggle dollars to Iran. Has nothing to do with an RV.
7-12-2020 Intel Guru RayRen98 ...Major security operations will be launched today [Saturday] to secure the borders and stop the theft and corruption being controlled by Iran at the Mandali outlet. The port will be under the protection of Iraqi military forces...according to PM Al-Kadhimi during his visit there... Al-Kadhimi on Iraqi TV saying the upcoming meeting with USA will help lead Iraq to international acceptance and all things there will be brought back to Parliament for agreement and a vote...The citizens are calling for a total dissolve of Parliament saying it costs a billion dollars a year on salaries that have not lead to help to the citizens on the streets. They are calling for early elections saying the deep state of Iranian-backed members in the Parliament already disagree with the meeting in Washington and will not agree to vote on anything, so to move forward Iraq has to dismantle the Parliament and do early election.
7-12-2020 Newshound Guru Adam Montana ...The main holdup has been political. When Saddam was removed, the entire government basically collapsed, and the world lost faith in Iraq's ability to do... anything...The current situation is entirely different than the situation that dropped the value of the Dinar. In fact, the current situation is entirely different than that of Iraq even 5 years ago! We currently have a Prime Minister in place who is finally doing all the right things. I have affectionately named him "Kazzamie" because the progress he's made seems like a magic trick at times! ...The next crucial step to this journey, and this is a fundamental part of it, is the HCL. "HCL", or "Hydro Carbon Law", is the agreement necessary to furthering Iraq's regaining of wealth. Without the HCL in place, there is no financial agreement within Iraq, and it is more beneficial to the politicians to keep the rate low. Once the HCL is in place, it will be more beneficial to have a higher rate... and we are seeing a LOT of promising news on HCL right now... [post 2 of 2]
7-12-2020 Newshound Guru Adam Montana There are so many things that I want to go over right now I barely know where to start! ...There are changes coming in the tax codes (for multiple countries), there are political situations that are extremely relevant and telling, and so much more is happening all at once right now! ...The "basics" are simple, and that's all anyone really needs to be able to sit back and wait. Iraq previously held one of the highest valued currencies in the world, and one day they will again. Although their country was knocked into the stone ages through a series of events that are now somewhat ancient history, Iraq still holds a majority of the black gold available on this planet. While the world runs on this stuff, and it will continue to do so, Iraq continues to hold an immensely powerful position. They suffered some extreme setbacks, but they did not lose their oil. This is a no-brainer to me - the value of Iraq's currency will rise again. [post 1 of 2....stay tuned]
7-12-2020 Newshound Guru Kaperoni ... securing the ports reduces corruption and gets rid of the Iranian influence currently using the border to smuggle dollars to Iran. Has nothing to do with an RV.
7-11-2020 Intel Guru Delta Article: "Al-Kazemi: The time to waste money has gone nowhere and today is launching a new phase" Quote: "...we will proceed to restore the prestige of the state and the law, and it is an opportunity to start for the future." LIKE I SAID FAMILY...THEY STARTED PORT CONTROL ...MORE GOOD THINGS ARE COMING ...
7-11-2020 Newshound Guru Adam Montana Shabs is a smart guy. He's said many times that the IQD could increase, but a $16 price tag is just silly. I'm still (mostly) on the ten cent train. I can see a flat dollar. I'll agree that even the RI rate of $3.26 is possible. But $16... I just can't see Shabs saying that. [reference Guru Bruce post 7-11-2020]
7-11-2020 Intel Guru Frank26 Question: "I present my currency at exchange, am I going to get current US dollars or the new U.S. currency?" The new U.S. currency isn't out yet so I guess you're not going to them them, right. Second of all, you're not gonna get any currency unless you really specially ask for it. They might give you up to about $5,000 dollars in cash but the rest of it'll all be electronic. That's how this major exchange is going to happen. Mainly electronic. There isn't that amount of physical cash to satisfy everybody. It's all going to be electronic mainly...
7-11-2020 Newshound Guru Pimpy ...so far it's been a consistent stream of very good news...unlike, remember this time last year we were all pumped up and then all of a sudden towards August...everything just blew up in our faces. We are closely excitedly watching what's going on in Iraq...there are a couple things I'm looking to happen before our boy Al-Kazemi makes his way over yonder here to hang out with Trump. One of them is the agreement between the Kurdistan region and Baghdad...It feels like they're very very close. That's what I'm hoping for because it plays a big part in what I think is going to happen...It's really important...my vision is to see Trump come out and then introduce Al-Kazemi to the world while at the same time encouraging the international community to once again recognize the sovereignty of Iraq while removing the restrictions off their currency...let's put out some good mojo to make this happen...
7-11-2020 Intel Guru Bruce [via WiserNow] ...in DC in 2012 and Dr Shabibi was asked question...what could the Iraqi Dinar support...What would the dinar be worth in US dollars after the revaluation - Dr Shabibi answered his question something to the effect – the Dinar will be able to support a rate of at least $16.00...I remember the question – and I remember Dr Shabibi answering that and I thought WOW – because when we first started we thought man – if this could get to $2 or $3 or back to what the Dinar was worth before it was questioned value which I think was $3.96 something – I thought man that’s going to be awesome - This was 15 years ago – when we looked into it all - almost 16 yrs now...So I was telling you this to let you know that maybe what Dr Shabibi spoke was prophetic...
7-11-2020 Intel Guru Frank26 We were the first to bring you IOO...where the CBI has made it clear that we have representation around the world. You could call them satellite banks but I don't like that. They're private banks of the CBI...they were first established in the United States...you may be able to go into one of those CBI banks that represent the CBI in the Untied States and exchange them there. You may not want to exchange them into your currency of choice. You may just want to deposit them as Iraqi Dinars. Why? Maybe you're not satisfied with the exchange rate that came out...maybe you're waiting for it to be at a higher rate internationally and you want to just store them in there. As soon as the value goes up these banks will go up and the reason why is because the CBI has to retrieve their 3 zeros. They've gotten about 70% of them back but the Fab 4 want this to continue...
7-11-2020 Newshound Guru Adam Montana Shabs is a smart guy. He's said many times that the IQD could increase, but a $16 price tag is just silly. I'm still (mostly) on the ten cent train. I can see a flat dollar. I'll agree that even the RI rate of $3.26 is possible. But $16... I just can't see Shabs saying that. [reference Guru Bruce post 7-11-2020]
7-11-2020 Intel Guru Frank26 Question: "I present my currency at exchange, am I going to get current US dollars or the new U.S. currency?" The new U.S. currency isn't out yet so I guess you're not going to them them, right. Second of all, you're not gonna get any currency unless you really specially ask for it. They might give you up to about $5,000 dollars in cash but the rest of it'll all be electronic. That's how this major exchange is going to happen. Mainly electronic. There isn't that amount of physical cash to satisfy everybody. It's all going to be electronic mainly...
7-11-2020 Newshound Guru Pimpy ...so far it's been a consistent stream of very good news...unlike, remember this time last year we were all pumped up and then all of a sudden towards August...everything just blew up in our faces. We are closely excitedly watching what's going on in Iraq...there are a couple things I'm looking to happen before our boy Al-Kazemi makes his way over yonder here to hang out with Trump. One of them is the agreement between the Kurdistan region and Baghdad...It feels like they're very very close. That's what I'm hoping for because it plays a big part in what I think is going to happen...It's really important...my vision is to see Trump come out and then introduce Al-Kazemi to the world while at the same time encouraging the international community to once again recognize the sovereignty of Iraq while removing the restrictions off their currency...let's put out some good mojo to make this happen...
7-11-2020 Intel Guru Bruce [via WiserNow] ...in DC in 2012 and Dr Shabibi was asked question...what could the Iraqi Dinar support...What would the dinar be worth in US dollars after the revaluation - Dr Shabibi answered his question something to the effect – the Dinar will be able to support a rate of at least $16.00...I remember the question – and I remember Dr Shabibi answering that and I thought WOW – because when we first started we thought man – if this could get to $2 or $3 or back to what the Dinar was worth before it was questioned value which I think was $3.96 something – I thought man that’s going to be awesome - This was 15 years ago – when we looked into it all - almost 16 yrs now...So I was telling you this to let you know that maybe what Dr Shabibi spoke was prophetic...
7-11-2020 Intel Guru Frank26 We were the first to bring you IOO...where the CBI has made it clear that we have representation around the world. You could call them satellite banks but I don't like that. They're private banks of the CBI...they were first established in the United States...you may be able to go into one of those CBI banks that represent the CBI in the Untied States and exchange them there. You may not want to exchange them into your currency of choice. You may just want to deposit them as Iraqi Dinars. Why? Maybe you're not satisfied with the exchange rate that came out...maybe you're waiting for it to be at a higher rate internationally and you want to just store them in there. As soon as the value goes up these banks will go up and the reason why is because the CBI has to retrieve their 3 zeros. They've gotten about 70% of them back but the Fab 4 want this to continue...
7-10-2020 Newshound Guru MilitiaMan They don’t seem to have time to wait from what we/I see. ...The recent sounds out of the global entities is about reforms. Fixing global fiscal issues. There are comprehensive mediations going on In Iraq along with the declaration again from the likes of the IMF to fix international fiscal issues too...I’ll be looking for the que, as the timing has already begun. Imo...
7-10-2020 Intel Guru Bruce ...we know that the situation with Iraq is going to be manifest with Iraq sending a delegation of 5 - 6 people to the US to meet with President Trump and to make an announcement - coming in either on Sunday or Monday and they’re going to either announce that they are a sovereign nation along with President Trump and I don’t know who else will be there but it might very well be...our old friend Sinan Al Shabibi...We are very very close – we know the rest of the world has started and we are taking up the rear – and finishing up with our best information from very high sources – we are looking at the announcement with President Trump and Alak “maybe” Dr Shabibi...I am very very excited about where we are right now...realize that it’s coming to us... [post 2 of 2]
7-10-2020 Intel Guru Bruce [via WiserNow] ...we had confirmation that exchanges were being done...in Canada – as well as a number of other countries around the globe – and it may very well be that we are the last country to come into the exchange and redemption process...we know for example what the rates were that people exchanged for in Canada – and I know of exchanges that took place since last Friday...we talked about the Far East having started exchanges as early as the 1st of July – What it amounts to is it’s not that we’re not getting it done – this is a plan where we have the position of going last...why is that? Some of it is based on security concerns – and the other is that the rates that are neighbors to the north are picking up on...the dinar and dong are not going to be the same values that we are going to get – down here in the lower 48 – also include Alaska and Hawaii...they should be higher... [post 1 of 2....stay tuned]
7-10-2020 Newshound/Intel Guru Mnt Goat Article: "A SERIOUS" NOTE FROM SPECIALISTS AND INTERESTED IN THE MONEY MARKET HAS IRAQ RESORTED TO PRINTING THE CURRENCY" ...all this article is telling us is that they collected the old money already in circulation each year and distribute new, fresh notes as replacement currency. They normally do this each year at year-end but this year the CBI did it mid-year in July. This hyping up of this event is FAKE news to get investors to stay away from the dinar, as Iran wants and needs to keep the dinar low and not revalue higher. It is still important for us to look at why the CBI did this mid-year and not at year-end?...
7-10-2020 Intel Guru MarkZ [via PDK] As for the banking side as far as currency redemptions go- they are being exceptionally quiet right now. They are not leaking a thing... Spoke with a contact at a redemption center and they are on call this weekend. This is the first weekend in a while that they were told to be on call and prepared… Hopefully it means something...I know we are very close…whether it’s this weekend or not…fingers crossed.
7-10-2020 Intel Guru Frank26 When the value goes up may I suggest you walk don't run. In the same way that I suggest don't pick up the phone and tell the world "guess what?" Shhh...Don't feel that if it went up in the next hour - don't feel 'oh, gosh I've got to get to a bank right away. Oh, I'll get to a bank tomorrow morning!' Think twice about that. It's up to you...IMO the Central bank of Iraq is not going to retrieve the 3 zeros right away...I don't see where they're going to say 'okay we just raised the value of our currency and the 3 zero notes we're gonna cancel them out. You're out of luck sucker!' ...I don't know how long they're going to give you though. They say they coexist with the new small category notes for about ten year but that's in country. How long will they be good outside of the country of Iraq? I don't know...I don't believe that we have the issue to run right away when the value goes up...watch, look, listen, learn from others. Learn from their mistakes...
7-10-2020 Newshound Guru MilitiaMan Article: "A Kurdish deputy reveals the fact that Baghdad refused to receive the Kurdistan delegation and the reason for his late visit" Quote: "The Kurdish delegation will visit Baghdad next week, and it is awaiting the easing of the conditions that Baghdad requested from the region with regard to oil delivery, and revenues of 50% of the border outlets...There is hope regarding negotiations between the territorial and federal governments, after entering international mediation, that a comprehensive agreement will be reached between the two parties." I can just imagine the room they are in and how many international entities are working to help the mediation process through to the finish. We all know this is about money and salaries, however, it is even more than that. It is about the 2019 FMLA too..imo The trigger for money/foreign currency reserves to get a leg up... When there is an RI, you can bet your bottom Dinar that there is going to be some serious money movement and not just in Iraq...
7-10-2020 Newshound Guru Pimpy ...the fact that the International Financial Action Group has already removed Iraq off their list of money laundering people...this is really big big news. Because this means the international community is starting to realize that Iraq is doing something about the levels of corruption in this country. Again, there's a meeting coming up with Trump real soon...at this pace we may see the Iraq dinar be recognized on the international scene really super soon here. Having said that does that mean there's going to be a change in rate? I don't know. But I know the first biggest step is to have the sovereignty of Iraq recognized internationally. That means restrictions get removed off their currency. What does that mean Pimpy? Well that means if you have a bank that deals with foreign currency you should be able to go in and purchase it or exchange it...if they remove these types of restrictions that's what we want...The next move after that would be the reinstatement of a rate...
7-10-2020 Intel Guru Bruce ...we know that the situation with Iraq is going to be manifest with Iraq sending a delegation of 5 - 6 people to the US to meet with President Trump and to make an announcement - coming in either on Sunday or Monday and they’re going to either announce that they are a sovereign nation along with President Trump and I don’t know who else will be there but it might very well be...our old friend Sinan Al Shabibi...We are very very close – we know the rest of the world has started and we are taking up the rear – and finishing up with our best information from very high sources – we are looking at the announcement with President Trump and Alak “maybe” Dr Shabibi...I am very very excited about where we are right now...realize that it’s coming to us... [post 2 of 2]
7-10-2020 Intel Guru Bruce [via WiserNow] ...we had confirmation that exchanges were being done...in Canada – as well as a number of other countries around the globe – and it may very well be that we are the last country to come into the exchange and redemption process...we know for example what the rates were that people exchanged for in Canada – and I know of exchanges that took place since last Friday...we talked about the Far East having started exchanges as early as the 1st of July – What it amounts to is it’s not that we’re not getting it done – this is a plan where we have the position of going last...why is that? Some of it is based on security concerns – and the other is that the rates that are neighbors to the north are picking up on...the dinar and dong are not going to be the same values that we are going to get – down here in the lower 48 – also include Alaska and Hawaii...they should be higher... [post 1 of 2....stay tuned]
7-10-2020 Newshound/Intel Guru Mnt Goat Article: "A SERIOUS" NOTE FROM SPECIALISTS AND INTERESTED IN THE MONEY MARKET HAS IRAQ RESORTED TO PRINTING THE CURRENCY" ...all this article is telling us is that they collected the old money already in circulation each year and distribute new, fresh notes as replacement currency. They normally do this each year at year-end but this year the CBI did it mid-year in July. This hyping up of this event is FAKE news to get investors to stay away from the dinar, as Iran wants and needs to keep the dinar low and not revalue higher. It is still important for us to look at why the CBI did this mid-year and not at year-end?...
7-10-2020 Intel Guru MarkZ [via PDK] As for the banking side as far as currency redemptions go- they are being exceptionally quiet right now. They are not leaking a thing... Spoke with a contact at a redemption center and they are on call this weekend. This is the first weekend in a while that they were told to be on call and prepared… Hopefully it means something...I know we are very close…whether it’s this weekend or not…fingers crossed.
7-10-2020 Intel Guru Frank26 When the value goes up may I suggest you walk don't run. In the same way that I suggest don't pick up the phone and tell the world "guess what?" Shhh...Don't feel that if it went up in the next hour - don't feel 'oh, gosh I've got to get to a bank right away. Oh, I'll get to a bank tomorrow morning!' Think twice about that. It's up to you...IMO the Central bank of Iraq is not going to retrieve the 3 zeros right away...I don't see where they're going to say 'okay we just raised the value of our currency and the 3 zero notes we're gonna cancel them out. You're out of luck sucker!' ...I don't know how long they're going to give you though. They say they coexist with the new small category notes for about ten year but that's in country. How long will they be good outside of the country of Iraq? I don't know...I don't believe that we have the issue to run right away when the value goes up...watch, look, listen, learn from others. Learn from their mistakes...
7-10-2020 Newshound Guru MilitiaMan Article: "A Kurdish deputy reveals the fact that Baghdad refused to receive the Kurdistan delegation and the reason for his late visit" Quote: "The Kurdish delegation will visit Baghdad next week, and it is awaiting the easing of the conditions that Baghdad requested from the region with regard to oil delivery, and revenues of 50% of the border outlets...There is hope regarding negotiations between the territorial and federal governments, after entering international mediation, that a comprehensive agreement will be reached between the two parties." I can just imagine the room they are in and how many international entities are working to help the mediation process through to the finish. We all know this is about money and salaries, however, it is even more than that. It is about the 2019 FMLA too..imo The trigger for money/foreign currency reserves to get a leg up... When there is an RI, you can bet your bottom Dinar that there is going to be some serious money movement and not just in Iraq...
7-10-2020 Newshound Guru Pimpy ...the fact that the International Financial Action Group has already removed Iraq off their list of money laundering people...this is really big big news. Because this means the international community is starting to realize that Iraq is doing something about the levels of corruption in this country. Again, there's a meeting coming up with Trump real soon...at this pace we may see the Iraq dinar be recognized on the international scene really super soon here. Having said that does that mean there's going to be a change in rate? I don't know. But I know the first biggest step is to have the sovereignty of Iraq recognized internationally. That means restrictions get removed off their currency. What does that mean Pimpy? Well that means if you have a bank that deals with foreign currency you should be able to go in and purchase it or exchange it...if they remove these types of restrictions that's what we want...The next move after that would be the reinstatement of a rate...
7-3-2020 Intel Guru Footforward [...that the finance committee in conjunction with the CBI has re-issued bonds to cover the 3months beyond July - Sept for the salaries. So the pressure is off and we may have to wait a bit longer to see the reinstatement. ...what do you...think about this statement?] [Reference Guru Mnt Goat post 7-3-2020] I absolutely disagree. No one in their right mind would give Iraq a loan of any kind and they had been rejected over and over for loans until the white papers came out. Now suddenly, even Mike Pompeo says they will lend them all the money they need? The people loaning them money have an assurance they will get their money back. With oil prices being so low, the only thing that makes sense is an RV. That's my opinion...
7-3-2020 Newshound/Intel Guru Mnt Goat ...I know for a FACT that it is not the CBI so much that is holding back the currency reform portion of the reforms but the “powers to be” (PTB) who may feel Iraq is not yet ready and the Iranian influence and corruption is still not under the desired control. Iraq still also needs to make good on its promises to diversify and get off of oil as it’s sole source of revenue. There have been mandates handed down to Iraq to implement before they can or will get back their currency...
7-3-2020 Intel Guru Bruce [via WiserNow] We don’t exactly have our notifications happening over the weekend – now we’re looking at this thing changing and we have a moving target – now we’re looking closer at the possibility of being notified ...Monday...Monday afternoon...or possibly Tuesday...the more likely start would be on Tuesday... I know...Iraq is ready...there was a question as to whether Iraq would make payroll yesterday – my understanding is that they did everything they needed to do on the 1st...I know that we are positioned now we believe to go forward...this should be releasing for us very soon...
7-3-2020 Newshound Guru MilitiaMan Article: "Specialists warn of the repercussions of the devaluation of the dinar" They are beating this into peoples heads... They are not going to devalue the currency... End of story. They are going to go to a market economy. That requires Article 8 compliance...imo. Article 8 compliance is to raise the value of the IQD. imo.
7-3-2020 Intel Guru Delta ...they can not go international without them increasing the value...not for the sake of it all but because Iraq is in a unique situation and they have to. One of the stipulations put on them long time ago in order for you to go international you must...lift the 3 zeros from your exchange rate the same way they added the three zeros. Now they have to take those three zeros off in order for them to be accepted internationally...
7-3-2020 Intel Guru MarkZ [via PDK] ...Banking contacts still believe we will see it before the end of the day on july 6th. We shall see...no change of rate in Iraq…yet. I do believe we are awfully close and I do not believe we are waiting until November.
7-3-2020 Newshound/Intel Guru Mnt Goat ...There is now NO sign from the CBI they are doing any actions for a near future RV for the rest of this year. Sorry! For some time it was looking as though we might have a pretty good chance but that chance was killed this week. Now that the finance committee in conjunction with the CBI has re-issued bonds to cover the 3months beyond July - Sept for the salaries. So the pressure is off and we may have to wait a bit longer to see the reinstatement. Maybe January 2021 is coming back into view? Just saying….
7-3-2020 Newshound Guru Breitling ...They've got to be able to balance...how do they be competitive in the region and also take advantage of the International markets? Because if they go too high - regionally they're going to get cut off. If they go too low they're not going to be able to pay for the local budget. [Post 2 of 2]
7-3-2020 Newshound Guru Breitling If the value of their currency is too high regionally...no body is going to want to do business with Iraq because the value of labor is too high. This is how Iraq is going to look at it. They are going to look at that. And they are also going to compare it with them doing business outside of Iraq and they might be able to pull it off. That's how they're looking at it. That's why they haven't made the decision yet. That's why they're taking their time. You guys are in panic mode because you're waiting for your big payday. You don't realize how important of a decision this is for Iraq... [Post 1 of 2....stay tuned]
7-3-2020 Intel Guru Footforward [What are you sensing about the dong?] ...No one has info on the dong right now. ...Vietnam has basically gone dark...They don't want people to know what is happening. But it's so obvious to me. ...there's been nothing on the dong. It's been absolute radio silence for close to a month now...but I can feel that it's going as it's supposed to go and that it just very suddenly is going to happen with no warning...
7-3-2020 Intel Guru RayRen98 From across the pond...All talk today is the plan to cover the salaries for next 3 months at reduced rates so Iraq can pay salaries. Then after 3 months, the new plans and reforms will assist. This indicates no rate change for 3 months going into the new fiscal year just like they talked about this morning and now is on Iraqi TV. (REMEMBER: Watch what they DO... not what they say)
7-3-2020 Newshound/Intel Guru Mnt Goat ...I know for a FACT that it is not the CBI so much that is holding back the currency reform portion of the reforms but the “powers to be” (PTB) who may feel Iraq is not yet ready and the Iranian influence and corruption is still not under the desired control. Iraq still also needs to make good on its promises to diversify and get off of oil as it’s sole source of revenue. There have been mandates handed down to Iraq to implement before they can or will get back their currency...
7-3-2020 Intel Guru Bruce [via WiserNow] We don’t exactly have our notifications happening over the weekend – now we’re looking at this thing changing and we have a moving target – now we’re looking closer at the possibility of being notified ...Monday...Monday afternoon...or possibly Tuesday...the more likely start would be on Tuesday... I know...Iraq is ready...there was a question as to whether Iraq would make payroll yesterday – my understanding is that they did everything they needed to do on the 1st...I know that we are positioned now we believe to go forward...this should be releasing for us very soon...
7-3-2020 Newshound Guru MilitiaMan Article: "Specialists warn of the repercussions of the devaluation of the dinar" They are beating this into peoples heads... They are not going to devalue the currency... End of story. They are going to go to a market economy. That requires Article 8 compliance...imo. Article 8 compliance is to raise the value of the IQD. imo.
7-3-2020 Intel Guru Delta ...they can not go international without them increasing the value...not for the sake of it all but because Iraq is in a unique situation and they have to. One of the stipulations put on them long time ago in order for you to go international you must...lift the 3 zeros from your exchange rate the same way they added the three zeros. Now they have to take those three zeros off in order for them to be accepted internationally...
7-3-2020 Intel Guru MarkZ [via PDK] ...Banking contacts still believe we will see it before the end of the day on july 6th. We shall see...no change of rate in Iraq…yet. I do believe we are awfully close and I do not believe we are waiting until November.
7-3-2020 Newshound/Intel Guru Mnt Goat ...There is now NO sign from the CBI they are doing any actions for a near future RV for the rest of this year. Sorry! For some time it was looking as though we might have a pretty good chance but that chance was killed this week. Now that the finance committee in conjunction with the CBI has re-issued bonds to cover the 3months beyond July - Sept for the salaries. So the pressure is off and we may have to wait a bit longer to see the reinstatement. Maybe January 2021 is coming back into view? Just saying….
7-3-2020 Newshound Guru Breitling ...They've got to be able to balance...how do they be competitive in the region and also take advantage of the International markets? Because if they go too high - regionally they're going to get cut off. If they go too low they're not going to be able to pay for the local budget. [Post 2 of 2]
7-3-2020 Newshound Guru Breitling If the value of their currency is too high regionally...no body is going to want to do business with Iraq because the value of labor is too high. This is how Iraq is going to look at it. They are going to look at that. And they are also going to compare it with them doing business outside of Iraq and they might be able to pull it off. That's how they're looking at it. That's why they haven't made the decision yet. That's why they're taking their time. You guys are in panic mode because you're waiting for your big payday. You don't realize how important of a decision this is for Iraq... [Post 1 of 2....stay tuned]
7-3-2020 Intel Guru Footforward [What are you sensing about the dong?] ...No one has info on the dong right now. ...Vietnam has basically gone dark...They don't want people to know what is happening. But it's so obvious to me. ...there's been nothing on the dong. It's been absolute radio silence for close to a month now...but I can feel that it's going as it's supposed to go and that it just very suddenly is going to happen with no warning...
7-3-2020 Intel Guru RayRen98 From across the pond...All talk today is the plan to cover the salaries for next 3 months at reduced rates so Iraq can pay salaries. Then after 3 months, the new plans and reforms will assist. This indicates no rate change for 3 months going into the new fiscal year just like they talked about this morning and now is on Iraqi TV. (REMEMBER: Watch what they DO... not what they say)
7-9-2020 Intel Guru Frank26 Question: "Frank, when it happens will you give me the "800#"? Guru XYZ says that he's gonna give us 800# - the only place where we can exchange our dinars." Oh ye of little knowledge and you believe that? No, there's no such thing as an 800 number for you to call to exchange. What you want to do is you're going to find hopefully a large bank...the smaller banks are handicapped. You can go to a small bank but you're risking your currency to be divorced from you. That's not good...major banks that's where I would go. There are brokers they could probably help you as well too if you trust them...find a major reputable bank. Tell them you want to do business with them and get the perks. Everything that you can...if you feel they're ripping you off go somewhere else. You're in control. You've got the power for the first time in a long time. Don't lose it...
7-9-2020 Newshound/Intel Guru Petra ...IMO, everything is at stake for this country known as Iraq. They need to change and get into the international world as MM [Guru MilitiaMan] has shared many times the need to access those secondary markets, loans, SDR, all those things he has hammered are spot on IMO. There is no turning back. What options are there....N O N E!! Did I emphasize that enough? ...Stay strong family...it's coming!!! All IMO...
7-9-2020 Intel Guru Footforward ...I just want to encourage you guys that we are really close.
7-9-2020 Intel Guru MarkZ [via PDK] ...so overnight there were no changes in value...in Iraq... Still in an “Intel Blackout” for most of my contacts. They have really clamped down on any news and any leaks…. I did reach out to a redemption center person and they are keeping them all on call there. At redemption centers they are all geared up and have taken precautions. They have masks and gloves. They are prepared and waiting on a “go” as well. Somebody pointed this out after finally getting in touch with their contacts at exchange centers - “Why would they have these if we were not going to exchange?” Our exchange is coming guys and it’s getting closer day by day.
7-9-2020 Intel Guru Frank26 There's some of you that say, 'guru X, Y & Z says there's no taxes to be paid on this capital gains. none.' Like our government is going to allow that! Oh, the fantasy of it all...I think you have common sense. You know very well this is a capital gains... [Note: Always speak with your tax professionals at the appropriate time for how this exchange will be taxed for your individual situation.]
7-9-2020 Newshound Guru Pimpy There's a major major announcement that happened today...What is going on? A message from the EU that takes us one step closer to what I was talking about. I do believe when Al-Kazemi comes over here I'm hoping we're gonna see a push by Trump to recognize the sovereignty of Iraq...look at this message - Article: "The Anti-Money Laundering Office issues a statement on the European decision: Iraq will be removed from the list of high-risk countries soon". This is great. This means you start removing restrictions off of Iraq and start recognizing them on the International scene. This is big news. I have a feeling they are waiting for this announcement. What announcement? ...I think we're waiting for the big dog himself to come out. Our president Trump to come out and make this announcement that hey we need the international community to once again recognize the sovereignty of Iraq. I believe that is coming as long as they continue to do what they're doing right now...this is super huge news.
7-9-2020 Guest Guru Petra ...So, we have these polymer notes that have been in circulation for apparently some time. Why all the hubbub "now" when they have been around for a while? Could it be part of the education process? Could it be a preemptory move by the CBI to make citizens aware and understand the coming change? I think so. Everything they have been doing has been strategic but now the strategy is being played out as we await the execution of that strategy. Nothing is going to stop it or we will truly have a failed state and that is "not" going to happen with the wealth in that country. ...IMO, we are at the goal line waiting to cross for lack of a better metaphor. [post 2 of 2]
7-9-2020 Guest Guru Petra So where are we? ...Clearly there is a rush to get things done in order for the white paper to be engaged so a date and rate can be revealed. Remember, nothing in the entire white paper can be accomplished as to the future of the growth of the Iraqi state with out a change in rate. None! All the efforts of the committees, the ministries, agriculture, mining, defense, infrastructure, nothing can happen until this move is made. [post 1 of 2....stay tuned]
7-9-2020 Intel Guru Frank26 ...we have gone through "what if". We have gone through "when". And now we are going though a time-frame and a rate in "white pagers"...it's not an opinion that they are going to change their exchange rate - it's a CBI statement...every day they wait to make the announcement of the new exchange rate it gets easier and easier to tell the monetary reform, to tell the citizens of the new currency of the new exchange rate, of the new Iraqi banking system to the citizens. You see it must not fail with the citizens. It can fail with you and it has with a few of you but it must not fail with the citizens. This is the key to the monetary reform success...
7-9-2020 Newshound/Intel Guru Petra ...IMO, everything is at stake for this country known as Iraq. They need to change and get into the international world as MM [Guru MilitiaMan] has shared many times the need to access those secondary markets, loans, SDR, all those things he has hammered are spot on IMO. There is no turning back. What options are there....N O N E!! Did I emphasize that enough? ...Stay strong family...it's coming!!! All IMO...
7-9-2020 Intel Guru Footforward ...I just want to encourage you guys that we are really close.
7-9-2020 Intel Guru MarkZ [via PDK] ...so overnight there were no changes in value...in Iraq... Still in an “Intel Blackout” for most of my contacts. They have really clamped down on any news and any leaks…. I did reach out to a redemption center person and they are keeping them all on call there. At redemption centers they are all geared up and have taken precautions. They have masks and gloves. They are prepared and waiting on a “go” as well. Somebody pointed this out after finally getting in touch with their contacts at exchange centers - “Why would they have these if we were not going to exchange?” Our exchange is coming guys and it’s getting closer day by day.
7-9-2020 Intel Guru Frank26 There's some of you that say, 'guru X, Y & Z says there's no taxes to be paid on this capital gains. none.' Like our government is going to allow that! Oh, the fantasy of it all...I think you have common sense. You know very well this is a capital gains... [Note: Always speak with your tax professionals at the appropriate time for how this exchange will be taxed for your individual situation.]
7-9-2020 Newshound Guru Pimpy There's a major major announcement that happened today...What is going on? A message from the EU that takes us one step closer to what I was talking about. I do believe when Al-Kazemi comes over here I'm hoping we're gonna see a push by Trump to recognize the sovereignty of Iraq...look at this message - Article: "The Anti-Money Laundering Office issues a statement on the European decision: Iraq will be removed from the list of high-risk countries soon". This is great. This means you start removing restrictions off of Iraq and start recognizing them on the International scene. This is big news. I have a feeling they are waiting for this announcement. What announcement? ...I think we're waiting for the big dog himself to come out. Our president Trump to come out and make this announcement that hey we need the international community to once again recognize the sovereignty of Iraq. I believe that is coming as long as they continue to do what they're doing right now...this is super huge news.
7-9-2020 Guest Guru Petra ...So, we have these polymer notes that have been in circulation for apparently some time. Why all the hubbub "now" when they have been around for a while? Could it be part of the education process? Could it be a preemptory move by the CBI to make citizens aware and understand the coming change? I think so. Everything they have been doing has been strategic but now the strategy is being played out as we await the execution of that strategy. Nothing is going to stop it or we will truly have a failed state and that is "not" going to happen with the wealth in that country. ...IMO, we are at the goal line waiting to cross for lack of a better metaphor. [post 2 of 2]
7-9-2020 Guest Guru Petra So where are we? ...Clearly there is a rush to get things done in order for the white paper to be engaged so a date and rate can be revealed. Remember, nothing in the entire white paper can be accomplished as to the future of the growth of the Iraqi state with out a change in rate. None! All the efforts of the committees, the ministries, agriculture, mining, defense, infrastructure, nothing can happen until this move is made. [post 1 of 2....stay tuned]
7-9-2020 Intel Guru Frank26 ...we have gone through "what if". We have gone through "when". And now we are going though a time-frame and a rate in "white pagers"...it's not an opinion that they are going to change their exchange rate - it's a CBI statement...every day they wait to make the announcement of the new exchange rate it gets easier and easier to tell the monetary reform, to tell the citizens of the new currency of the new exchange rate, of the new Iraqi banking system to the citizens. You see it must not fail with the citizens. It can fail with you and it has with a few of you but it must not fail with the citizens. This is the key to the monetary reform success...
7-8-2020 Intel Guru Bruce [via WiserNow] Now – let’s talk a little bit about what has happened...there was a meeting...This meeting had Judy Shelton – some key figures out west...the meeting was trying to get this thing pushed through – this was the 6th attempt..to try to get this done...The word we had was...that it was released to go and...what exactly happened? That’s what we don’t know...I don’t know where it puts us – but it has to be closer – closer to the point where – maybe since we have the schedule something is going to happen tomorrow [Wednesday] or Thursday for us...I’m going to suggest that we... kinda just take a chill pill- take a breath and let this thing manifest and come to us...We know things are moving forward...we are ready from what we can tell... [post 2 of 2]
7-8-2020 Intel Guru Bruce [via WiserNow] We did not get the announcement that I thought we would hopefully get on the 4th of July – or on the 3rd of July out of Mt Rushmore ... I’m not holding my breath for any announcements – anymore – we’ll get them when we get them...Now - here’s the thing – we are in a position where things are getting quieter and quieter – usually from the banks – we have heard some things over the last 4 days or so – and actually we had heard that we would be able to get started today - but that did not happen – and this was from a very very good couple of sources...but as you know things have changed so dramatically in this event that it’s hard to predict... [post 1 of 2....stay tuned]
7-8-2020 Guest Guru Texas Snake [via PDK] Having been in investment banking for many years I have some really good contacts. I had a call in the middle of the night with some folks from London and Hong Kong. They are very confident that between now and the middle of the month that this thing should go.
7-8-2020 Newshound Guru Adam Montana ...HCL is progressing. No, we don't have it done yet. But YES, it is progressing! Stay patient just a little longer and "ye shall be rewarded". OIL is currently OVER $40. Still stable, still positive, still a great place. P.M. Kazzammie is still in good graces where it counts, still making moves, and I still like his trajectory...Kazzammie just barely got in office...IMO, things are moving very quickly right now and since he took the wheel...We are just waiting for a little gust of wind to sail us the final stretch. The port is in view, anchors are up, sheets are ready to be filled... hang in there, friends! ...When this is all over, it's going to seem like it happened in a flash...
7-8-2020 Intel Guru Frank26 ...I dreamed about a very big meeting. A sit-down meeting is coming up with a U.S. delegations, including the Fab 4 and Pompeo as well, to introduced a new exchange rate for the Iraqi dinar prior to or during this meeting...the IMF was there. The World Bank. The United States Treasury. Representatives of the White House for President Donald Trump. The AMF. In my dream I saw the GOI and CBI meeting and talking about the introduction of a new exchange rate for the Iraqi dinar...everyone was there. They were standing shoulder to shoulder to make the announcement of a new exchange rate for their currency...the main reason was just to announce this but to "sell" the announcement to the citizens...the citizens must see that all of these shoulders to shoulders are standing united...
7-8-2020 Intel Guru MarkZ [vis PDK] [Have exchanges started in Canada?] I am confidant they have not started in Canada. This is from banking contacts at Royal Bank and Scots. I have a number of different bank connections and Whales there. Noone has confirmed any exchanges there. They blatantly said it has not started. ...And speaking with attorneys out west...they are really leaning on them to not share any info…and to stay close, within an hour two of being in position. I still feel like we are close. I am really tired of all the smoke and dis-information…very frustrating.
7-8-2020 Newshound Guru MilitiaMan Article: "A "serious" note from specialists and interested in the money market .. Has Iraq resorted to printing the currency?" Quote: "This year, we entered the seventh month, and the banks distributed all new!!!” The new "edition" money is looking to be a poylmer strengthened paper. imo...it is not adding up that this is not more than just replacing old notes... We have heard that there were leaks about money movements. ...They need to bring value to the currency to make them acceptable to those who will receive payments in the Dinar for imports. Again, Alak has been hard at work. Making sure he has the Stock Market and Money Exchanger's on board and up to snuff "international regulation compliant" wise too.! ...So from my view this looks very promising... And...this may very well be more leakage if not flat out education a change is coming... imo We shall see...
7-8-2020 Intel Guru Frank26 Article: "Al-Kazemi and Parliamentary Economy Discuss the White Paper prepared by the Council of Ministers". "Al-Kazemi: The government prepared a white paper for the expected reforms" ...what were they prepared for? Were they prepared for people to constantly say, when is it going to happen? Why haven't they pulled the trigger? What's the matter? It's never going to happen. You guys are being misled.' No. The government of Iraq is not playing games and the reason why is because Kazemi was put in there by the President of the United States...Donald Trump wants everybody to play fair with the currency of the Untied States. And that's why they shut down the auctions...the evidence before you is so clear. So obvious...monetary reform is soon to be announced and the world is pouring into help them with...economic reforms...
7-8-2020 Intel Guru Bruce [via WiserNow] We did not get the announcement that I thought we would hopefully get on the 4th of July – or on the 3rd of July out of Mt Rushmore ... I’m not holding my breath for any announcements – anymore – we’ll get them when we get them...Now - here’s the thing – we are in a position where things are getting quieter and quieter – usually from the banks – we have heard some things over the last 4 days or so – and actually we had heard that we would be able to get started today - but that did not happen – and this was from a very very good couple of sources...but as you know things have changed so dramatically in this event that it’s hard to predict... [post 1 of 2....stay tuned]
7-8-2020 Guest Guru Texas Snake [via PDK] Having been in investment banking for many years I have some really good contacts. I had a call in the middle of the night with some folks from London and Hong Kong. They are very confident that between now and the middle of the month that this thing should go.
7-8-2020 Newshound Guru Adam Montana ...HCL is progressing. No, we don't have it done yet. But YES, it is progressing! Stay patient just a little longer and "ye shall be rewarded". OIL is currently OVER $40. Still stable, still positive, still a great place. P.M. Kazzammie is still in good graces where it counts, still making moves, and I still like his trajectory...Kazzammie just barely got in office...IMO, things are moving very quickly right now and since he took the wheel...We are just waiting for a little gust of wind to sail us the final stretch. The port is in view, anchors are up, sheets are ready to be filled... hang in there, friends! ...When this is all over, it's going to seem like it happened in a flash...
7-8-2020 Intel Guru Frank26 ...I dreamed about a very big meeting. A sit-down meeting is coming up with a U.S. delegations, including the Fab 4 and Pompeo as well, to introduced a new exchange rate for the Iraqi dinar prior to or during this meeting...the IMF was there. The World Bank. The United States Treasury. Representatives of the White House for President Donald Trump. The AMF. In my dream I saw the GOI and CBI meeting and talking about the introduction of a new exchange rate for the Iraqi dinar...everyone was there. They were standing shoulder to shoulder to make the announcement of a new exchange rate for their currency...the main reason was just to announce this but to "sell" the announcement to the citizens...the citizens must see that all of these shoulders to shoulders are standing united...
7-8-2020 Intel Guru MarkZ [vis PDK] [Have exchanges started in Canada?] I am confidant they have not started in Canada. This is from banking contacts at Royal Bank and Scots. I have a number of different bank connections and Whales there. Noone has confirmed any exchanges there. They blatantly said it has not started. ...And speaking with attorneys out west...they are really leaning on them to not share any info…and to stay close, within an hour two of being in position. I still feel like we are close. I am really tired of all the smoke and dis-information…very frustrating.
7-8-2020 Newshound Guru MilitiaMan Article: "A "serious" note from specialists and interested in the money market .. Has Iraq resorted to printing the currency?" Quote: "This year, we entered the seventh month, and the banks distributed all new!!!” The new "edition" money is looking to be a poylmer strengthened paper. imo...it is not adding up that this is not more than just replacing old notes... We have heard that there were leaks about money movements. ...They need to bring value to the currency to make them acceptable to those who will receive payments in the Dinar for imports. Again, Alak has been hard at work. Making sure he has the Stock Market and Money Exchanger's on board and up to snuff "international regulation compliant" wise too.! ...So from my view this looks very promising... And...this may very well be more leakage if not flat out education a change is coming... imo We shall see...
7-8-2020 Intel Guru Frank26 Article: "Al-Kazemi and Parliamentary Economy Discuss the White Paper prepared by the Council of Ministers". "Al-Kazemi: The government prepared a white paper for the expected reforms" ...what were they prepared for? Were they prepared for people to constantly say, when is it going to happen? Why haven't they pulled the trigger? What's the matter? It's never going to happen. You guys are being misled.' No. The government of Iraq is not playing games and the reason why is because Kazemi was put in there by the President of the United States...Donald Trump wants everybody to play fair with the currency of the Untied States. And that's why they shut down the auctions...the evidence before you is so clear. So obvious...monetary reform is soon to be announced and the world is pouring into help them with...economic reforms...
7-7-2020 Intel Guru Footforward [...will I have to have receipts for tax purposes?] I honestly don't know if anyone really knows how this will be taxed yet. Receipts help potentially but I don't have receipts for all of mine either. There are alot of ways to defer taxes too. [Consult your tax professional at the appropriate time.]
7-7-2020 Intel Guru Frank26 Question: "I bought my dinars 15 years ago and I lost my receipt...I need my receipt when I go and exchange my currency?" No you don't. It's your currency. You possess it. If you were audited by our government and they wanted proof of purchase when you bought it to determine what percentage capital gains tax you're gonna pay yeah you better have a receipt...that's about paying your income tax... Question: "I lost my "certificate of authenticity?" Ain't anybody gonna ask you for no certificate of authenticity silly rabbit. They're gonna take them [dinars] and they're gonna run it through their books or their machines and they're gonna tell you this is legal or not...that certificate of authenticity is nothing more than a business card... [Note: Speak with your tax professionals at the appropriate time]
7-7-2020 Newshound/Intel Guru Mnt Goat But the good news, if there is any, is that discussion with the stakeholders from the private sector, suggesting Iraq must stop the currency auctions now, which they say is the hard currency bleeding on money out of Iraq. In light of the suffocating financial crisis that the country is going through, by stopping the work of the window of currency sale it will help immediately in helping the crisis. ...Remember these auctions were never meant to continue and they are way overdue to end. But corruption keeps them going as billions are illegally funneled out of Iraq to Iran. [post 2 of 2]
7-7-2020 Newshound/Intel Guru Mnt Goat Today is Tuesday and we will quickly move through July. There will be no revaluation or reinstatement, this I can say with certainty...I have checked with my CBI contact and they do want to execute the last phase of the project to delete the zeros, however they must have the political incentive to do it too and this they do not currently have. Yes, the currency auctions do still continue but under the supervision of the finance committee. Yes, the CBI did stop the currency auctions but all they did was turn them over to the finance committee for supervision. Get it? Folks, there is no other way they can import goods and services without these auctions... [post 1 of 2....stay tuned]
7-7-2020 Intel Guru MarkZ [via PDK] ...What I am being told from 3 different locations is Asia, Europe and out west (Treasury west I like to call it-Reno) that there are meetings this afternoon to set a definitive time scale or schedule. There are many people with appointments on Wed and Thurs of this week. I am hopeful that this could be it...We are very close…you can see it from everything happening in the world.
7-7-2020 Intel Guru Delta ...the raising of the value can take all the way down till September...July is out the window for me. They already started paying the salaries for July...for them to come out and tell us they do have salaries all the way down to August then it's logic that we might not see anything till September...I'd love to see this tonight or tomorrow but there's some work they need to do...
7-7-2020 Newshound Guru Jeff when you see them bring forth the budget that's when you're gonna see the rate change. It's that simple. Just follow the movement of a budget and this will literally walk you right to the finish line. You're gonna know they're gonna change the rate...That's why they're very clearly hiding a budget from you. Does not get any more cut and dry or easier than that. The facts favor this year more than ever...the "white paper" and the "analyzing the exchange rate" is a game plan and a form of setting the stage to strongly change the rate...this year...
7-7-2020 Newshound Guru Pimpy ...those currencies that are undervalued like the Iraqi dinar you will see them go up in value. I think you are going to see a 1 for 1 exchange with your country's currency. Since I live here in the Untied States I will be able to exchange one dinar for one U.S. Dollar. I have a feeling that's the direction we're going into. The same with the Vietnam dong. Both those currencies are undervalued. Since they're undervalued they will increase in order to meet the 1 for 1...they will be on a level playing field.
7-7-2020 Intel Guru MarkZ [via PDK] [...heard rv maybe late sept or march 2021...] I have not heard anything pointing to that far off at all.
7-7-2020 Intel Guru Frank26 Question: "I bought my dinars 15 years ago and I lost my receipt...I need my receipt when I go and exchange my currency?" No you don't. It's your currency. You possess it. If you were audited by our government and they wanted proof of purchase when you bought it to determine what percentage capital gains tax you're gonna pay yeah you better have a receipt...that's about paying your income tax... Question: "I lost my "certificate of authenticity?" Ain't anybody gonna ask you for no certificate of authenticity silly rabbit. They're gonna take them [dinars] and they're gonna run it through their books or their machines and they're gonna tell you this is legal or not...that certificate of authenticity is nothing more than a business card... [Note: Speak with your tax professionals at the appropriate time]
7-7-2020 Newshound/Intel Guru Mnt Goat But the good news, if there is any, is that discussion with the stakeholders from the private sector, suggesting Iraq must stop the currency auctions now, which they say is the hard currency bleeding on money out of Iraq. In light of the suffocating financial crisis that the country is going through, by stopping the work of the window of currency sale it will help immediately in helping the crisis. ...Remember these auctions were never meant to continue and they are way overdue to end. But corruption keeps them going as billions are illegally funneled out of Iraq to Iran. [post 2 of 2]
7-7-2020 Newshound/Intel Guru Mnt Goat Today is Tuesday and we will quickly move through July. There will be no revaluation or reinstatement, this I can say with certainty...I have checked with my CBI contact and they do want to execute the last phase of the project to delete the zeros, however they must have the political incentive to do it too and this they do not currently have. Yes, the currency auctions do still continue but under the supervision of the finance committee. Yes, the CBI did stop the currency auctions but all they did was turn them over to the finance committee for supervision. Get it? Folks, there is no other way they can import goods and services without these auctions... [post 1 of 2....stay tuned]
7-7-2020 Intel Guru MarkZ [via PDK] ...What I am being told from 3 different locations is Asia, Europe and out west (Treasury west I like to call it-Reno) that there are meetings this afternoon to set a definitive time scale or schedule. There are many people with appointments on Wed and Thurs of this week. I am hopeful that this could be it...We are very close…you can see it from everything happening in the world.
7-7-2020 Intel Guru Delta ...the raising of the value can take all the way down till September...July is out the window for me. They already started paying the salaries for July...for them to come out and tell us they do have salaries all the way down to August then it's logic that we might not see anything till September...I'd love to see this tonight or tomorrow but there's some work they need to do...
7-7-2020 Newshound Guru Jeff when you see them bring forth the budget that's when you're gonna see the rate change. It's that simple. Just follow the movement of a budget and this will literally walk you right to the finish line. You're gonna know they're gonna change the rate...That's why they're very clearly hiding a budget from you. Does not get any more cut and dry or easier than that. The facts favor this year more than ever...the "white paper" and the "analyzing the exchange rate" is a game plan and a form of setting the stage to strongly change the rate...this year...
7-7-2020 Newshound Guru Pimpy ...those currencies that are undervalued like the Iraqi dinar you will see them go up in value. I think you are going to see a 1 for 1 exchange with your country's currency. Since I live here in the Untied States I will be able to exchange one dinar for one U.S. Dollar. I have a feeling that's the direction we're going into. The same with the Vietnam dong. Both those currencies are undervalued. Since they're undervalued they will increase in order to meet the 1 for 1...they will be on a level playing field.
7-7-2020 Intel Guru MarkZ [via PDK] [...heard rv maybe late sept or march 2021...] I have not heard anything pointing to that far off at all.
7-6-2020 Newshound Guru MilitiaMan Article: "Legal expert: The constitution gave the central government the power to control the country's outlets and send special forces to monitor it" Article quote: "...the flow of the currency market will be strengthened, strengthening the dinar." Now it is time to go to the international world with the new rate imo. We have the borders and the electronic system in place to get the money from the borders to the Federal Government...They have had a system in place, but, now they have an agreement with the Peshmerga and the Federal Government with the special forces bridging the gap at the borders. They will secure the funds that will come from the borders and those funds will allow for salaries and to start exporting to other countries the exchange trade...they are gearing to do what is in the White Papers. ...there is a direct motivation to get into the market economy, now, not later!!...
7-6-2020 Newshound Guru Jeff The rate change now can only go one of two directions...if they do implement a semi-annual budget October through March then they're gonna have to change the rate during the month of September of this year. It's that simple. But if they don't implement a semiannual budget then this could be dragged out until March of next year. That's what we have to watch...there's actually so much good information pointing to the second half of this year...they showed us the "white papers". That's the roadmap for the rate change. Then they even came out really studying and analyzing the exchange rate in great detail...IMO that suggests to me they're probably preparing to change that rate...late September...but I'm not giving you a date. I'm just bringing you facts from a broader level...the news is amazing right now. None of us want to wait but it's nice to know more about where you stand...
7-6-2020 Intel Guru Frank26 Don't you dare let your dinars out of your sight. Do you notice my emotions went up? Good. "Yeah, we'll take your dinars, we'll make sure they're verified and we'll let you know." No. "We're going to send your dinar to the main headquarter bank in the capital of our state." No. Find out where they were going to send it and you go there...Don't you ever let your dinars out of your sight...The hardest part is about to begin. You think waiting was hard to do? Waiting is nothing compared to what you're about to get involved with.
7-6-2020 Newshound Guru Pimpy ...I go around and see what other people are saying and I'm concerned that it seems like every little tidbit of piece of information that comes out they're magically finding a away to link it to a rate change. Don't do that. There is enough good news out there that shows us that we are heading in that direction without a doubt...be careful about things that are being scrolling around in our dinar community. Not every little thing is an automatic proof that an exchange rate is gonna happen. Look at the bigger picture. See the agenda. See what's going on. To me that's a lot more clearer picture of what's happening and that is the restoration of Iraq's sovereignty and their removal of currency restrictions on the international playing field. That's what we're looking for...
7-6-2020 Intel Guru MarkZ [via PDK] No changes in value today anywhere that we can see at a street level. I wasn’t really expecting anything to happen until this evening …lots of positioning for exchanges. We just need to sit tight. We are not in charge of the timing but we do appear to be very close. It may not seem like I’m excited as I have to tell you all nothing happened yet…..but I am. We are very stinkin close.
7-6-2020 Newshound Guru Jeff ...I recently spoke with my Iraqi contact who does work for the Iraqi government...one thing that he stressed to me is the general news that you're seeing is not enough news for anyone of us to utilize...to guesstimate when the rate change can happen. We have to look at the bigger picture in this...You have to follow the movement of the money...Late last year Iraq put out some key articles saying their 2020 budget would have huge things in it...basically a lot of post rate change stuff suggesting that the 2020 budget is married to the rate change. But we never saw a 2020 budget...the fact that you have not seen a 2020 budget...confirmed...that the budget is indeed married to the rate change...That's why they have to hide the 2020 budget from you...it's that simple now.
7-6-2020 Intel Guru Frank26 ...how to do the exchange when the time comes...this is just my opinion...ideas...the banks - they're in business to make money. One of the ways they make money is when they exchange currency. They charge you a spread. I will do everything possible...to make sure that that bank that I decide to do business with gives me the best deal possible. I will demand that they don't even charge me a spread. If they insist. Let's talk that spread down...then talk about some perks...don't just exchange IMO...you are in control. That bank wants your business...you don't want to be rude but stand your ground...
7-6-2020 Newshound Guru Pimpy Iraq is talking about the rate change. Good or bad? Article: "Parliamentary Finance warns against moving toward changing the dinar exchange against the dollar: 3 categories will pay the price!" Quote: "...until now we have not seen the draft of the Financial Reform Law but there are information and leaks we report that there is an intention to change the exchange rate of the dollar against the dinar..." ...they keep making the case for why you can't devalue the dinar which we agree with 100% because we want them to increase the value of the dinar...
7-6-2020 Newshound Guru Jeff The rate change now can only go one of two directions...if they do implement a semi-annual budget October through March then they're gonna have to change the rate during the month of September of this year. It's that simple. But if they don't implement a semiannual budget then this could be dragged out until March of next year. That's what we have to watch...there's actually so much good information pointing to the second half of this year...they showed us the "white papers". That's the roadmap for the rate change. Then they even came out really studying and analyzing the exchange rate in great detail...IMO that suggests to me they're probably preparing to change that rate...late September...but I'm not giving you a date. I'm just bringing you facts from a broader level...the news is amazing right now. None of us want to wait but it's nice to know more about where you stand...
7-6-2020 Intel Guru Frank26 Don't you dare let your dinars out of your sight. Do you notice my emotions went up? Good. "Yeah, we'll take your dinars, we'll make sure they're verified and we'll let you know." No. "We're going to send your dinar to the main headquarter bank in the capital of our state." No. Find out where they were going to send it and you go there...Don't you ever let your dinars out of your sight...The hardest part is about to begin. You think waiting was hard to do? Waiting is nothing compared to what you're about to get involved with.
7-6-2020 Newshound Guru Pimpy ...I go around and see what other people are saying and I'm concerned that it seems like every little tidbit of piece of information that comes out they're magically finding a away to link it to a rate change. Don't do that. There is enough good news out there that shows us that we are heading in that direction without a doubt...be careful about things that are being scrolling around in our dinar community. Not every little thing is an automatic proof that an exchange rate is gonna happen. Look at the bigger picture. See the agenda. See what's going on. To me that's a lot more clearer picture of what's happening and that is the restoration of Iraq's sovereignty and their removal of currency restrictions on the international playing field. That's what we're looking for...
7-6-2020 Intel Guru MarkZ [via PDK] No changes in value today anywhere that we can see at a street level. I wasn’t really expecting anything to happen until this evening …lots of positioning for exchanges. We just need to sit tight. We are not in charge of the timing but we do appear to be very close. It may not seem like I’m excited as I have to tell you all nothing happened yet…..but I am. We are very stinkin close.
7-6-2020 Newshound Guru Jeff ...I recently spoke with my Iraqi contact who does work for the Iraqi government...one thing that he stressed to me is the general news that you're seeing is not enough news for anyone of us to utilize...to guesstimate when the rate change can happen. We have to look at the bigger picture in this...You have to follow the movement of the money...Late last year Iraq put out some key articles saying their 2020 budget would have huge things in it...basically a lot of post rate change stuff suggesting that the 2020 budget is married to the rate change. But we never saw a 2020 budget...the fact that you have not seen a 2020 budget...confirmed...that the budget is indeed married to the rate change...That's why they have to hide the 2020 budget from you...it's that simple now.
7-6-2020 Intel Guru Frank26 ...how to do the exchange when the time comes...this is just my opinion...ideas...the banks - they're in business to make money. One of the ways they make money is when they exchange currency. They charge you a spread. I will do everything possible...to make sure that that bank that I decide to do business with gives me the best deal possible. I will demand that they don't even charge me a spread. If they insist. Let's talk that spread down...then talk about some perks...don't just exchange IMO...you are in control. That bank wants your business...you don't want to be rude but stand your ground...
7-6-2020 Newshound Guru Pimpy Iraq is talking about the rate change. Good or bad? Article: "Parliamentary Finance warns against moving toward changing the dinar exchange against the dollar: 3 categories will pay the price!" Quote: "...until now we have not seen the draft of the Financial Reform Law but there are information and leaks we report that there is an intention to change the exchange rate of the dollar against the dinar..." ...they keep making the case for why you can't devalue the dinar which we agree with 100% because we want them to increase the value of the dinar...
7-5-2020 Newshound Guru MilitiaMan Article: "Work is preparing to launch a second supplement to the rejected cards" Quote: "...the Ministry of Social Protection in the Ministry has completed its technical and financial procedures to launch the second supplement of subsidy salaries during the current week, for the cards that were previously suspended for various reasons." So what changed that required them to suspend their cards? Was it because the electronic system went down with a "E" - COVID - 19 VIRUS? lol Or could it have had to do with the delay for everyone's salaries to be adjusted accordingly to reflect their new purchase power? Time will tell. As, the timing of this is by my view no coincidence...We shall see in the coming days...
7-5-2020 Intel Guru Footforward [Do you feel we are within days] absolutely I do. I don't know how many days yet. But yes. The word is in motion.
7-5-2020 Newshound Guru Pimpy ...Iraq is definitely draining the swamp...looks like there's a lot happening and it's happening quickly again. Article: "Pompeo mentioned him by name and accused of killing protesters...the dimensions of the step to relieve Fayyad from security positions in Iraq" ...it was believed that he gave the orders for the soldiers to shoot on unarmed protesters. Just for the record this guy here is an Iranian puppet big time... Quote: "the decision was on Saturday by the office of the prime minister Al-Kazemi. A step that was paved for several days and leaked by talks about Al-Kazemi's intentions to carry out a coordinated campaign aimed at reducing Tehran's influence in the situation and institutions of the Iraq state before his upcoming visit to the United States this month." So he is draining the swamp...I'm excited about it. All these are major steps and achieving what we want and that is for Iraq to get their sovereignty and they get the restrictions moved off of their currency...
7-5-2020 Intel Guru Frank26 ...when the value goes up are you gonna call every Tom, Dick and Harry and tell them you just made a lot of money? Or that you made capital gains with your investment? Or that you had a windfall? Are you gonna brag about this? Are you gonna put it on social media? Are you going to tell that relative that you never told in the first place? Are you gonna shove it into their faces, the ones that told you it's never gonna happen, to satisfy your ego and pride? I hope not. Don't draw attention to yourself. Do your very best to be humble about this. Do your very best to shut-up about this. The entourage, the group of people that know about your windfall, you want to try to limit that. Not only for your safety but for that matter for your sanity. Ever drop a sugar cube next to an anthill? Every ant is all of a sudden turning around and heading toward that sugar cube. Don't draw attention to yourself.
7-5-2020 Newshound Guru Kaperoni ...it is very concerning that the government and new prime minister are trying to pass a new Financial Reform Law that involves the dinar. The government has no business getting involved in CBI monetary policy. You really only see governments get involved in monetary policy if it involves changing the physical value of the currency such as a LOP. We recently saw that occur with Iran. We do not want to see this happen with Iraq. Traditional monetary policy is the sole responsibility of the CBI. Getting off the peg, moving to a float, or simply raising the value is the responsibility of the CBI and Parliament should have no involvement.
7-5-2020 Newshound Guru Pimpy ...right now with the Iraqi dinar - it's going good. It's going smooth. Better than it ever has before. Before when we used to get excited about this news, now it's coming out so commonplace that we don't even think about it hardly no more as anything overly exciting because we're used to Al-Kazemi cracking the whip on people...there's something definitely happening in July. I don't know what it is. There's a major announcements getting ready to come from Trump...
7-5-2020 Intel Guru Footforward [Do you feel we are within days] absolutely I do. I don't know how many days yet. But yes. The word is in motion.
7-5-2020 Newshound Guru Pimpy ...Iraq is definitely draining the swamp...looks like there's a lot happening and it's happening quickly again. Article: "Pompeo mentioned him by name and accused of killing protesters...the dimensions of the step to relieve Fayyad from security positions in Iraq" ...it was believed that he gave the orders for the soldiers to shoot on unarmed protesters. Just for the record this guy here is an Iranian puppet big time... Quote: "the decision was on Saturday by the office of the prime minister Al-Kazemi. A step that was paved for several days and leaked by talks about Al-Kazemi's intentions to carry out a coordinated campaign aimed at reducing Tehran's influence in the situation and institutions of the Iraq state before his upcoming visit to the United States this month." So he is draining the swamp...I'm excited about it. All these are major steps and achieving what we want and that is for Iraq to get their sovereignty and they get the restrictions moved off of their currency...
7-5-2020 Intel Guru Frank26 ...when the value goes up are you gonna call every Tom, Dick and Harry and tell them you just made a lot of money? Or that you made capital gains with your investment? Or that you had a windfall? Are you gonna brag about this? Are you gonna put it on social media? Are you going to tell that relative that you never told in the first place? Are you gonna shove it into their faces, the ones that told you it's never gonna happen, to satisfy your ego and pride? I hope not. Don't draw attention to yourself. Do your very best to be humble about this. Do your very best to shut-up about this. The entourage, the group of people that know about your windfall, you want to try to limit that. Not only for your safety but for that matter for your sanity. Ever drop a sugar cube next to an anthill? Every ant is all of a sudden turning around and heading toward that sugar cube. Don't draw attention to yourself.
7-5-2020 Newshound Guru Kaperoni ...it is very concerning that the government and new prime minister are trying to pass a new Financial Reform Law that involves the dinar. The government has no business getting involved in CBI monetary policy. You really only see governments get involved in monetary policy if it involves changing the physical value of the currency such as a LOP. We recently saw that occur with Iran. We do not want to see this happen with Iraq. Traditional monetary policy is the sole responsibility of the CBI. Getting off the peg, moving to a float, or simply raising the value is the responsibility of the CBI and Parliament should have no involvement.
7-5-2020 Newshound Guru Pimpy ...right now with the Iraqi dinar - it's going good. It's going smooth. Better than it ever has before. Before when we used to get excited about this news, now it's coming out so commonplace that we don't even think about it hardly no more as anything overly exciting because we're used to Al-Kazemi cracking the whip on people...there's something definitely happening in July. I don't know what it is. There's a major announcements getting ready to come from Trump...
7-4-2020 Newshound Guru MilitiaMan Article: "Trebil port achieved more than 24 billion dinars in revenue last June" Quote: "What has been achieved from the increase in revenues as a result of the tightening of control and auditing procedures..." Here we go... They are getting the lead out... I like it. They have to at some point to literally go live with the market economy! This is an example they can! This is the confidence they need. Borrowing money to pay salaries in the way they imply is silly and not good business practice imo...
7-4-2020 Newshound Guru Breitling ...we are very good with the Iraqi dinar. We are in a good spot. The goal has moved a little bit but it's to our advantage. Meaning that the can hasn't been kicked on down the road just the numbers are different. But the numbers are in our favor. And that's what you need to go by. Don't go by wishful thinking hype...the reality is the numbers...that is the reality that you and I are in and you guys can't be in a better spot. It's probably gonna be a little bit better coming down the road - still waiting for some more information...everything is positive...
7-4-2020 Guest Guru Austin-Powers-For-PM So I want to clear up the confusion of "Rates" between being 'In country' and 'International. If I'm in Canada right now, and I have $1.00 CDN, it will buy me what $1.00 CDN can buy. However, if I take that $1.00 CDN and cross the border, I have to "Exchange" it for whatever the rate is to purchase U.S. Dollars (around 74 cents). Same goes with U.S. Dollar to purchase Canadian Dollar (around 1.34 Canadian for each U.S. Dollar). When the 3 Zero's are deleted, a 25k note still stays a 25k note, but now you can exchange it for 25k in lower denoms (or if you deposit it into a bank. it still is 25k). Once you leave the country and you want to exchange it into U.S. dollar, you can get whatever the exchange rate is. So if it's $4.00 you get $100,000 for your 25k note. So there is no 'in country' rate, simply an exchange rate between Dinar and other international currencies.
7-4-2020 Intel Guru Footforward [I think most would be happy for a 1:1 rate.]
It won't be. It's supposed to be higher.
7-4-2020 Newshound Guru Pimpy ...I'm concerned about what's going on around the world a little bit...there's definitely something going on. I know the Iraqi dinar is part of it. I haven't figured it out yet but there's definitely something weird going on. There's a lot of stress testing going on, in banks around the world. Stress testing is whenever they try to do a slight shock to the stock exchange or something that would cause a semi panic of people running to the bank and they want to make sure that the bank's first of all are liquid enough so that if there was a mad rush to the bank that they would have enough money to give the people...we're definitely in a unique position right now. How all this ties together I'm not quite sure but it definitely looks like there's something big going on and Iraqi dinar believe it or not is a big part of it.
7-4-2020 Newshound Guru Breitling ...We're in a very very good spot...Our window just got bigger. The value of the dinar - they need to take care of the budget - just got bigger. They just told us that it will be within 3 months that they're going to completely redo this thing and have a plan to implement all this. We've learned a lot in the last month. Probably more than the entire time we've been watching. They're putting the value on the table. They are telling you they need $66 per barrel and they're telling you the oil prices are never going to get there for the next few years. They are telling you ...they are going to put this stuff together and implement it within 3 months...they need to be able to afford to be in international markets, protect their reserves and have value added to their currency. That's the only way...
7-4-2020 Newshound Guru Breitling ...we are very good with the Iraqi dinar. We are in a good spot. The goal has moved a little bit but it's to our advantage. Meaning that the can hasn't been kicked on down the road just the numbers are different. But the numbers are in our favor. And that's what you need to go by. Don't go by wishful thinking hype...the reality is the numbers...that is the reality that you and I are in and you guys can't be in a better spot. It's probably gonna be a little bit better coming down the road - still waiting for some more information...everything is positive...
7-4-2020 Guest Guru Austin-Powers-For-PM So I want to clear up the confusion of "Rates" between being 'In country' and 'International. If I'm in Canada right now, and I have $1.00 CDN, it will buy me what $1.00 CDN can buy. However, if I take that $1.00 CDN and cross the border, I have to "Exchange" it for whatever the rate is to purchase U.S. Dollars (around 74 cents). Same goes with U.S. Dollar to purchase Canadian Dollar (around 1.34 Canadian for each U.S. Dollar). When the 3 Zero's are deleted, a 25k note still stays a 25k note, but now you can exchange it for 25k in lower denoms (or if you deposit it into a bank. it still is 25k). Once you leave the country and you want to exchange it into U.S. dollar, you can get whatever the exchange rate is. So if it's $4.00 you get $100,000 for your 25k note. So there is no 'in country' rate, simply an exchange rate between Dinar and other international currencies.
7-4-2020 Intel Guru Footforward [I think most would be happy for a 1:1 rate.]
It won't be. It's supposed to be higher.
7-4-2020 Newshound Guru Pimpy ...I'm concerned about what's going on around the world a little bit...there's definitely something going on. I know the Iraqi dinar is part of it. I haven't figured it out yet but there's definitely something weird going on. There's a lot of stress testing going on, in banks around the world. Stress testing is whenever they try to do a slight shock to the stock exchange or something that would cause a semi panic of people running to the bank and they want to make sure that the bank's first of all are liquid enough so that if there was a mad rush to the bank that they would have enough money to give the people...we're definitely in a unique position right now. How all this ties together I'm not quite sure but it definitely looks like there's something big going on and Iraqi dinar believe it or not is a big part of it.
7-4-2020 Newshound Guru Breitling ...We're in a very very good spot...Our window just got bigger. The value of the dinar - they need to take care of the budget - just got bigger. They just told us that it will be within 3 months that they're going to completely redo this thing and have a plan to implement all this. We've learned a lot in the last month. Probably more than the entire time we've been watching. They're putting the value on the table. They are telling you they need $66 per barrel and they're telling you the oil prices are never going to get there for the next few years. They are telling you ...they are going to put this stuff together and implement it within 3 months...they need to be able to afford to be in international markets, protect their reserves and have value added to their currency. That's the only way...
7-2-2020 Intel Guru MarkZ [So are we still waiting another 10 days...?] No we are not…In Kuwait we know that they waited that long to announce it…Indonesia has also done it in the past. Those were historic examples. Many RV’s have happened throughout history…Germany, Japan and there are more who made tremendous changes in their currency value. I am not looking for 10 days. In the past you could keep the press quiet but in today’s world with the internet I do not think they can keep it quiet...so we are expecting a shotgun start.
7-2-2020 Intel Guru Delta ...There's two big events...one of them is July 15th which we believe is the last day for Allaq the governor of the CBI should be removed and replaced...Unless the Prime Minister...extends his duties. The other one, we all know, that July 24th the Prime Minister is invited to visit the White House...logic says if this is the case, you will come to the U.S. you have to come up after the fact so they can congratulate you...we do believe that according to around that time period we should see something in our opinion...
7-2-2020 Intel Guru Bruce ...This is a tax free exchange – you should not be taxed on any part of this exchange – where you will be taxed is on the “income” – called “passive income” which is earned from the “interest” that is paid on your account – you will create an income stream from your mother lode account that in my case will spill over into a spillover account... [NOTE: Other gurus suggest any money made on dinars will be taxed in the United States as "ordinary income" - several other tax possibilities have floated around the community too. In the tax realm the only opinion that matters is the IRS. So speak with your tax professional and/or IRS at the appropriate time about this and other tax possibilities.]
7-2-2020 Newshound Guru Adam Montana The new PM Kazzamie is operating efficiently and effectively. We are going to hear some distractions and criticisms, but he is doing a great job in my opinion.
7-2-2020 Newshound Guru Pimpy [Quick dinar history overview for newbies] ...they dropped the value of the dinar very very low. Right now for one dollar you can buy 1190 Iraqi dinar if you can find them. What people are doing is they're storing up on them waiting for the currency to be reinstated to its rate of $3.22. There's people out there that's been waiting 12, 15, 16 years...some people are frustrated so now they have no faith in them and you'll hear them talk crap from time to time and say this is a scam. That's fine everybody has their opinion...the whole purpose of the Iraqi dinar news...is me explaining to you why I think it's real and in what it is we're looking for that tells us...its rate is about to be reinstated... we've been patiently waiting for the rate to be reinstated and we have reason to believe that's gonna happen very very soon... [NOTE: If you're new you can also start with the START HERE tab above]
7-2-2020 Newshound Guru MilitiaMan ...They have to raise the exchange rate of the dinar, not the dollar and this is where we are at...they've been telling us and telling us and telling us and we're just waiting and waiting and waiting but the fact remains is now they're at the precipice. They don't have money to pay the salaries. They said they were going to do it. ...the pressure is so hard on them to get this done it's probably unbelievable...that's why I've been focused to some degree on these next couple of days to see what they do. Typically they're gonna have to have an excuse when they don't pay these people...they need to raise the value of the exchange rate.
7-2-2020 Newshound Guru Jeff Article: "The Central Bank Announces Financial Assistance with 3-month salary insurance and talks about the date for the June wage payment" ...this level of news right now is walking you into September ...the rate change is married to a budget so if you follow the movement of the money you can piece this together...we need to see when that budget goes into effect because the budget and the rate change are married together... they're showing you they're tentatively walking you into September. I'm not giving you a date I'm just giving you an approximate generic information that they're bringing fourth - trying to help you decode this and put the puzzle pieces together...
7-2-2020 Intel Guru MarkZ [via PDK] I am still being told by bank contacts, that as frustrating as it is…they are still told that over the next 5 days now, to be prepared and on call to come in at any moment.
7-2-2020 Newshound Guru Kaperoni A lot of what has been occurring in the last few weeks has been addressed several times in the past by the World Bank and the IMF. So this is all good news that they are finally taking the steps necessary.
7-2-2020 Newshound Guru Pimpy ...I have a feeling this is going to be a really big month for us. There's a lot of things that are popping up that seem to be pointing to this month being a big month. What that means exactly? I'm not sure. There's a lot of speculation...Al-Kazemi is supposed to come here to meet with Pompeo and the president. I told you one of the biggest announcements that we're hoping to hear, and they do it out in the rose garden, is that Trump is encouraging the international community to restore the sovereignty of Iraq for them to be recognized and embraced buy the International community. And he announce the lifting of the restrictions on the currency and that allows it to start trading on the Forex. That's what we're watching for. That's what we're hoping for.
7-2-2020 Intel Guru Delta ...the exchange rate is one of the pillars or economic reform. You can not bring investors in, you cannot have liquidity, you can't have any trust in your country if you don't raise the value first. And all of us know that...everybody knows that the exchange rate is going to change no matter what and the Prime Minister did agree to that...
7-2-2020 Newshound Guru Breitling ...Take for example the United States and Mexico. How much is their peso worth. Look at Canada...If Iraq is international they could have a huge high price. But if they're going to be local for right now, regional, then they can't go that high...Let's say their markets are going to be regional and they do add value to their currency it helps them get to international markets. Well if they're in international markets and it becomes more and more dependent on international markets you're going to see the value of the currency keep going up...If it's regional...they're never going to get past a buck... [Post 2 of 2]
7-2-2020 Newshound Guru Breitling ...they're worried about regionally having a currency that's valued too high. The pressure cooker they're in is that they need to add value to their currency otherwise they're going to go broke. If they add too much value to their currency they are going to go broke. That's just the reality. But what people don't understand is that other countries are in the same position...Iraq basically told everybody they want to get the value of their currency to $3.25. [Wait a minute, you just said if their currency is too high in that region they are going to get their asses handed to them.] That's true. But if their currency was a global currency, then it wouldn't matter would it... [Post 1 of 2....stay tuned]
7-2-2020 Intel Guru Delta ...There's two big events...one of them is July 15th which we believe is the last day for Allaq the governor of the CBI should be removed and replaced...Unless the Prime Minister...extends his duties. The other one, we all know, that July 24th the Prime Minister is invited to visit the White House...logic says if this is the case, you will come to the U.S. you have to come up after the fact so they can congratulate you...we do believe that according to around that time period we should see something in our opinion...
7-2-2020 Intel Guru Bruce ...This is a tax free exchange – you should not be taxed on any part of this exchange – where you will be taxed is on the “income” – called “passive income” which is earned from the “interest” that is paid on your account – you will create an income stream from your mother lode account that in my case will spill over into a spillover account... [NOTE: Other gurus suggest any money made on dinars will be taxed in the United States as "ordinary income" - several other tax possibilities have floated around the community too. In the tax realm the only opinion that matters is the IRS. So speak with your tax professional and/or IRS at the appropriate time about this and other tax possibilities.]
7-2-2020 Newshound Guru Adam Montana The new PM Kazzamie is operating efficiently and effectively. We are going to hear some distractions and criticisms, but he is doing a great job in my opinion.
7-2-2020 Newshound Guru Pimpy [Quick dinar history overview for newbies] ...they dropped the value of the dinar very very low. Right now for one dollar you can buy 1190 Iraqi dinar if you can find them. What people are doing is they're storing up on them waiting for the currency to be reinstated to its rate of $3.22. There's people out there that's been waiting 12, 15, 16 years...some people are frustrated so now they have no faith in them and you'll hear them talk crap from time to time and say this is a scam. That's fine everybody has their opinion...the whole purpose of the Iraqi dinar news...is me explaining to you why I think it's real and in what it is we're looking for that tells us...its rate is about to be reinstated... we've been patiently waiting for the rate to be reinstated and we have reason to believe that's gonna happen very very soon... [NOTE: If you're new you can also start with the START HERE tab above]
7-2-2020 Newshound Guru MilitiaMan ...They have to raise the exchange rate of the dinar, not the dollar and this is where we are at...they've been telling us and telling us and telling us and we're just waiting and waiting and waiting but the fact remains is now they're at the precipice. They don't have money to pay the salaries. They said they were going to do it. ...the pressure is so hard on them to get this done it's probably unbelievable...that's why I've been focused to some degree on these next couple of days to see what they do. Typically they're gonna have to have an excuse when they don't pay these people...they need to raise the value of the exchange rate.
7-2-2020 Newshound Guru Jeff Article: "The Central Bank Announces Financial Assistance with 3-month salary insurance and talks about the date for the June wage payment" ...this level of news right now is walking you into September ...the rate change is married to a budget so if you follow the movement of the money you can piece this together...we need to see when that budget goes into effect because the budget and the rate change are married together... they're showing you they're tentatively walking you into September. I'm not giving you a date I'm just giving you an approximate generic information that they're bringing fourth - trying to help you decode this and put the puzzle pieces together...
7-2-2020 Intel Guru MarkZ [via PDK] I am still being told by bank contacts, that as frustrating as it is…they are still told that over the next 5 days now, to be prepared and on call to come in at any moment.
7-2-2020 Newshound Guru Kaperoni A lot of what has been occurring in the last few weeks has been addressed several times in the past by the World Bank and the IMF. So this is all good news that they are finally taking the steps necessary.
7-2-2020 Newshound Guru Pimpy ...I have a feeling this is going to be a really big month for us. There's a lot of things that are popping up that seem to be pointing to this month being a big month. What that means exactly? I'm not sure. There's a lot of speculation...Al-Kazemi is supposed to come here to meet with Pompeo and the president. I told you one of the biggest announcements that we're hoping to hear, and they do it out in the rose garden, is that Trump is encouraging the international community to restore the sovereignty of Iraq for them to be recognized and embraced buy the International community. And he announce the lifting of the restrictions on the currency and that allows it to start trading on the Forex. That's what we're watching for. That's what we're hoping for.
7-2-2020 Intel Guru Delta ...the exchange rate is one of the pillars or economic reform. You can not bring investors in, you cannot have liquidity, you can't have any trust in your country if you don't raise the value first. And all of us know that...everybody knows that the exchange rate is going to change no matter what and the Prime Minister did agree to that...
7-2-2020 Newshound Guru Breitling ...Take for example the United States and Mexico. How much is their peso worth. Look at Canada...If Iraq is international they could have a huge high price. But if they're going to be local for right now, regional, then they can't go that high...Let's say their markets are going to be regional and they do add value to their currency it helps them get to international markets. Well if they're in international markets and it becomes more and more dependent on international markets you're going to see the value of the currency keep going up...If it's regional...they're never going to get past a buck... [Post 2 of 2]
7-2-2020 Newshound Guru Breitling ...they're worried about regionally having a currency that's valued too high. The pressure cooker they're in is that they need to add value to their currency otherwise they're going to go broke. If they add too much value to their currency they are going to go broke. That's just the reality. But what people don't understand is that other countries are in the same position...Iraq basically told everybody they want to get the value of their currency to $3.25. [Wait a minute, you just said if their currency is too high in that region they are going to get their asses handed to them.] That's true. But if their currency was a global currency, then it wouldn't matter would it... [Post 1 of 2....stay tuned]
7-1-2020 Guest Guru Petra ...all the effort. All the work. All the development. All the mechanisms. Everything that's been done. Everything that we await. Can it be done without a change in the rate? It can't. Everything we're talking about here is critical...Every single thing we've been talking about the last several weeks must have a rate change for it to be engaged...it's a time bomb and it's ticking down...
7-1-2020 Intel Guru Footforward I realize it's July 1st. The RV still hasn't manifested in the natural yet. I'm not upset or discouraged. At all. I still believe we are in the timeline. That's my opinion. Right now, things with the dinar, are going how they are supposed to go. We aren't off course...we are right where we are supposed to be...
7-1-2020 Intel Guru Bruce ...I’ve had times before – I’ve probably put them out many times...before – so what makes this different? What really makes it different is the position that the whole system is in to begin to release...We are up against some kind of time line here – whereby we should get started... What about the rate changes? There have been some rates that have changed – we’ve heard about them from Forex people that they’re seeing Dinar and Dong in really good rates on the forex...What my understanding is...we’re going to get this party started...
7-1-2020 Intel Guru Walkingstick [via Frank26] ...the meeting they had between the CBI and the Fab 4 they were discussing on how to make the IQD equal to the value of the USD. What is the value of the USD? About $1.19. So the USD is actually more than 1 dollar...that's the reason why they're not going to introduce fractional banking at the beginning and they're going to round it off to one to one. Their goal now is they are going to put the IQD on par with the USD. That's 1 to 1...the float will come in later...
7-1-2020 Intel Guru Frank26 ...the intricacies of what can happen are complex. We've taken you to the point of where it's at now. It's coming up to on par 1 to 1 with the American dollar. They say so. What happens after that? ...You think it's been difficult up to this point? Just sitting having to wait? That's all you had to do...it's gonna get even harder now. For you to keep this money when you don't even know how to deal with money - good luck...don't you ever let your dinars out of your sight. Never.
7-1-2020 Newshound Guru Pimpy Looks like the dinar rate is in review. Article: "The National Business Council calls for a review of the exchange rate based on the impact of the oil price decline". I told you I seen some minutes between the IMF with the Central Bank of Iraq...the Government of Iraq wanted their exchange rate reinstated at $3.22...the IMF along with the Central Bank of Iraq was saying no that would be too big of a shock to the economy and they wanted something around $1.13 to $1.34. The reason is they wanted a sweet spot. They wanted it to be high enough where they had more purchasing power but they wanted it low enough where they could be competitive against other countries importing and exporting...I thought that's what the rate would be...nonetheless it looks like it's going to be reviewed. This looks like what we were hoping for...
7-1-2020 Newshound Guru Adam Montana These Weekly updates are getting more and more fun for me, because Iraq is moving faster and faster. The proof is coming daily, hourly...we are looking at an HCL move soon, and that's about all we need right now! Article quote: "this week or next week may witness the return of the Kurdish delegation to Baghdad again in order to complete negotiations and dialogues with a view to resolving all outstanding contentious issues between the two sides," noting that "the two sides are still working to solve the oil and customs issue and Kurdistan's share of the federal budget." That doesn't say "HCL tomorrow, RV by Friday"... but it's pretty darn close! ...hang tight...we are closing in... Go Iraq, go HCL, GO RV!!!
7-1-2020 Intel Guru MarkZ What I received from bankers is nobody received dollars or were able to keep their appointments last night...they are being told it will now roll out over the next 6 days. They are being told to stay on call and could be called at any moment over the next 6 days...there is a lot of activity. I have always said that none of us know the exact timing, nor are we supposed to for security reasons. I still believe we are very close. The next 6 days could absolutely see it. I am keeping my phone close.
7-1-2020 Newshound Guru MilitiaMan ...they don't have any money...But they can get their money if they do what? If they raise the value of the currency...
7-1-2020 Newshound Guru Kaperoni Iraq has a lot of work to do but certainly there is promising developments. Opening their economy, creating a private sector, an encouraging foreign investment are the key ingredients to their success under the current circumstances. They seem to be aggressively trying to fix it.
7-1-2020 Newshound Guru Breitling ...they are looking at how to tackle the financial problem they have inside of Iraq. They looked at the reserve and they said, 'they probably could take out 11 billion dollars worth of the reserve and not really hurt the value of the currency and to be able to fix some of our problems.' But you have a completely different group saying 'you don't need to do that. Let's protect our reserve. Add value to our currency. And invest in the Western markets.'...these guys will never give you rates...they'll always avoid giving some sort of rate...you and I know what they need for the budget - for it to succeed. My projected budget for what they needed at $53 to $56 a barrel was about 56 cents to the dollar. Now it's about .63 cents to the U.S. dollar...see the trend? It's going up...
7-1-2020 Intel Guru MarkZ [What about the dong rate? Still.47 cents to $2?] That is something that has just changed. I am now hearing that the dong could come out at right around the $1 mark for the street rate and then up to $2 or so for the contract rate.
7-1-2020 Intel Guru Footforward I realize it's July 1st. The RV still hasn't manifested in the natural yet. I'm not upset or discouraged. At all. I still believe we are in the timeline. That's my opinion. Right now, things with the dinar, are going how they are supposed to go. We aren't off course...we are right where we are supposed to be...
7-1-2020 Intel Guru Bruce ...I’ve had times before – I’ve probably put them out many times...before – so what makes this different? What really makes it different is the position that the whole system is in to begin to release...We are up against some kind of time line here – whereby we should get started... What about the rate changes? There have been some rates that have changed – we’ve heard about them from Forex people that they’re seeing Dinar and Dong in really good rates on the forex...What my understanding is...we’re going to get this party started...
7-1-2020 Intel Guru Walkingstick [via Frank26] ...the meeting they had between the CBI and the Fab 4 they were discussing on how to make the IQD equal to the value of the USD. What is the value of the USD? About $1.19. So the USD is actually more than 1 dollar...that's the reason why they're not going to introduce fractional banking at the beginning and they're going to round it off to one to one. Their goal now is they are going to put the IQD on par with the USD. That's 1 to 1...the float will come in later...
7-1-2020 Intel Guru Frank26 ...the intricacies of what can happen are complex. We've taken you to the point of where it's at now. It's coming up to on par 1 to 1 with the American dollar. They say so. What happens after that? ...You think it's been difficult up to this point? Just sitting having to wait? That's all you had to do...it's gonna get even harder now. For you to keep this money when you don't even know how to deal with money - good luck...don't you ever let your dinars out of your sight. Never.
7-1-2020 Newshound Guru Pimpy Looks like the dinar rate is in review. Article: "The National Business Council calls for a review of the exchange rate based on the impact of the oil price decline". I told you I seen some minutes between the IMF with the Central Bank of Iraq...the Government of Iraq wanted their exchange rate reinstated at $3.22...the IMF along with the Central Bank of Iraq was saying no that would be too big of a shock to the economy and they wanted something around $1.13 to $1.34. The reason is they wanted a sweet spot. They wanted it to be high enough where they had more purchasing power but they wanted it low enough where they could be competitive against other countries importing and exporting...I thought that's what the rate would be...nonetheless it looks like it's going to be reviewed. This looks like what we were hoping for...
7-1-2020 Newshound Guru Adam Montana These Weekly updates are getting more and more fun for me, because Iraq is moving faster and faster. The proof is coming daily, hourly...we are looking at an HCL move soon, and that's about all we need right now! Article quote: "this week or next week may witness the return of the Kurdish delegation to Baghdad again in order to complete negotiations and dialogues with a view to resolving all outstanding contentious issues between the two sides," noting that "the two sides are still working to solve the oil and customs issue and Kurdistan's share of the federal budget." That doesn't say "HCL tomorrow, RV by Friday"... but it's pretty darn close! ...hang tight...we are closing in... Go Iraq, go HCL, GO RV!!!
7-1-2020 Intel Guru MarkZ What I received from bankers is nobody received dollars or were able to keep their appointments last night...they are being told it will now roll out over the next 6 days. They are being told to stay on call and could be called at any moment over the next 6 days...there is a lot of activity. I have always said that none of us know the exact timing, nor are we supposed to for security reasons. I still believe we are very close. The next 6 days could absolutely see it. I am keeping my phone close.
7-1-2020 Newshound Guru MilitiaMan ...they don't have any money...But they can get their money if they do what? If they raise the value of the currency...
7-1-2020 Newshound Guru Kaperoni Iraq has a lot of work to do but certainly there is promising developments. Opening their economy, creating a private sector, an encouraging foreign investment are the key ingredients to their success under the current circumstances. They seem to be aggressively trying to fix it.
7-1-2020 Newshound Guru Breitling ...they are looking at how to tackle the financial problem they have inside of Iraq. They looked at the reserve and they said, 'they probably could take out 11 billion dollars worth of the reserve and not really hurt the value of the currency and to be able to fix some of our problems.' But you have a completely different group saying 'you don't need to do that. Let's protect our reserve. Add value to our currency. And invest in the Western markets.'...these guys will never give you rates...they'll always avoid giving some sort of rate...you and I know what they need for the budget - for it to succeed. My projected budget for what they needed at $53 to $56 a barrel was about 56 cents to the dollar. Now it's about .63 cents to the U.S. dollar...see the trend? It's going up...
7-1-2020 Intel Guru MarkZ [What about the dong rate? Still.47 cents to $2?] That is something that has just changed. I am now hearing that the dong could come out at right around the $1 mark for the street rate and then up to $2 or so for the contract rate.
6-30-2020 Intel Guru RayRen98 Today June 30, 2020, the employees salaries were not paid. TV reporting sources in the CBI reveals a development that will allow the distribution of the June salaries within 2 days. A source pointed out that the ministry will start tomorrow, Wednesday, to send a notice to banks to gradually release the salaries of employees in ministries, government departments. The Parliamentary Finance Committee said earlier today, Tuesday, that the government’s financial liquidity to pay the salaries of employees is available, stressing at the same time that the ministry did not send a directive to banks to pay salaries.
6-30-2020 Intel Guru Delta ...There's no question about this family. We got finally the right person to the right place and at the same time everybody understands right now in Iraq that they have to open internationally. They have to open the market economy and so many talks right now about the exchange rate....5, 6, 7 years ago we used to wish to have this kind of talk everyday about the exchange rate. This is the first time you've seen in the last 5 or 6 months they're talking about the exchange rate and they're realizing right now that this is very important for them...there's no way around it. Increasing the value has to take place...nobody knows the date. Nobody knows the rate...We know that we can increase the rate...but here's the question - When do they need to do this? ...the sooner the better for them to do it because even if they raise the value that doesn't mean they're going to solve the problem right away. It's going to take some time...it could really happen at any moment in our opinion.
6-30-2020 Guest Guru Petra Article: "Parliamentary Finance show the reason for delaying the paying of salaries for the month of June". They very clearly state why they didn't pay salaries and that's because they don't have any money to do so...if the vault is empty you can't pay your bill. Very straightforward. They've got to make a move here pretty quick in order to solve that problem.
6-30-2020 Newshound Guru MilitiaMan ...the whole process here is coming to a head...the National Business Council calling for a review of the exchange rate. And then you have the government close to sending the economic reform law to parliament. And we had some other things converging that get us to this stage - an ongoing dialogue with the Kurdistan region. All those things coming together is important because they all will meet and mean one thing and they all support the focus - going to a market economy...the focus of going to a market economy is the purpose and to get to the market economy...you're not going to get to a market economy with a program rate...all these things are coming...around fast and furious right at us...
6-30-2020 Newshound Guru Kaperoni There is so much news happening in Iraq over the past few weeks pertaining to the financial system as well as trying to create a private sector. They have many laws still to pass but things are moving at a very good pace. If things keep going at this rate it's almost as if Iraq is trying to make up for the last 10 years in the next few months. We'll just have to watch and see how it unfolds.
6-30-2020 Intel Guru Frank26 ...there's a reason they have not paid their salaries yet...there's a reason why they have this economic reform law coming out...there's a reason why the border are being taken care of...why loan are being installed...dear god look at what they're doing...the biggest thing is they have no liquidity. Has anyone lent them any money? No. Has any of the investment money come in yet? No. They got no liquidity. They're barely making it and they have done everything "on this [poker] hand" that was dealt to them. It's time for them to call, show the cards and raise the value. Everybody gets paid. That's why all these countries are sitting there and still coming in. Still investing...
6-30-2020 Intel Guru Footforward [Do you think we will be able to exchange with Canadian Banks?...Once international we should be able to exchange at Canadian Banks I would think?] I believe we will be able to cash out at banks in Canada.
6-30-2020 Intel Guru MarkZ Mine [contacts] are squarely still looking at this evening. I was not expecting movement overnight last night…I am expecting movement late this afternoon. As far as the bankers are concerned “Today is the GO DAY”... If it isn’t I think those bankers will buy us the pitchforks, torches and yellow vests if it does not go this evening. They are sitting there…ready…right now. Huge anticipation for the next 24 hours. There is an enormous amount of anticipation today…especially on the Iraqi front. I messaged with contacts over there in the wee hours this morning and they also have expectations of it going overnight there tonight... so cross your fingers guys and say your prayers... Hopefully we will wake up to a whole new world tomorrow.
6-30-2020 Newshound Guru Breitling ...There's two options on the table. To withdraw from the reserve or to add value to the currency. That's the main debate going on. So some of these guys in parliament are are like, 'let me get this straight, so if it's not $66 per barrel [oil] we're getting our asses kicked financially domestically inside of Iraq. But if we add value to our currency not only do we get to keep our reserve but if we get it high enough we can pay all of our salaries? There's actually a debate on whether we are going to use our reserve or add value to our currency?' That's how ridiculous it is...
6-30-2020 Newshound Guru Jeff ...the reason the rate hasn't changed is because the U.S. is requiring them to have stability. The stability for Iraq means them being able to work together and getting things done together. Since the beginning of last year they have not been able to form a government revealing to the world that they're not able to work together. Right now they still have to finish what's IMO the two items...the rate change is waiting on - would be these "special grades". The independent bodies is for the formation of the government. One of these as an example would be the Central Bank Governor. That's why his proxy term is only right now valid through July 15th. That's when he's out. The other item is the oil/budget numbers agreement between Kurdistan and Baghdad...both are now very close to being done within the next two weeks...
6-30-2020 Intel Guru MarkZ About Zim exchanges...there is a lot of mis-information being put out on purpose. There is a lot of intel people being fed mis-information. I am not worried about the Zim…. I believe its real. I have 2 big attorney’s who tell me it’s still very real… Do not listen to the people who say it isn’t…do not turn into Chicken Little and run around thinking the sky is falling. There are people being paid to give false information out…that is a fact.
6-30-2020 Intel Guru Delta ...There's no question about this family. We got finally the right person to the right place and at the same time everybody understands right now in Iraq that they have to open internationally. They have to open the market economy and so many talks right now about the exchange rate....5, 6, 7 years ago we used to wish to have this kind of talk everyday about the exchange rate. This is the first time you've seen in the last 5 or 6 months they're talking about the exchange rate and they're realizing right now that this is very important for them...there's no way around it. Increasing the value has to take place...nobody knows the date. Nobody knows the rate...We know that we can increase the rate...but here's the question - When do they need to do this? ...the sooner the better for them to do it because even if they raise the value that doesn't mean they're going to solve the problem right away. It's going to take some time...it could really happen at any moment in our opinion.
6-30-2020 Guest Guru Petra Article: "Parliamentary Finance show the reason for delaying the paying of salaries for the month of June". They very clearly state why they didn't pay salaries and that's because they don't have any money to do so...if the vault is empty you can't pay your bill. Very straightforward. They've got to make a move here pretty quick in order to solve that problem.
6-30-2020 Newshound Guru MilitiaMan ...the whole process here is coming to a head...the National Business Council calling for a review of the exchange rate. And then you have the government close to sending the economic reform law to parliament. And we had some other things converging that get us to this stage - an ongoing dialogue with the Kurdistan region. All those things coming together is important because they all will meet and mean one thing and they all support the focus - going to a market economy...the focus of going to a market economy is the purpose and to get to the market economy...you're not going to get to a market economy with a program rate...all these things are coming...around fast and furious right at us...
6-30-2020 Newshound Guru Kaperoni There is so much news happening in Iraq over the past few weeks pertaining to the financial system as well as trying to create a private sector. They have many laws still to pass but things are moving at a very good pace. If things keep going at this rate it's almost as if Iraq is trying to make up for the last 10 years in the next few months. We'll just have to watch and see how it unfolds.
6-30-2020 Intel Guru Frank26 ...there's a reason they have not paid their salaries yet...there's a reason why they have this economic reform law coming out...there's a reason why the border are being taken care of...why loan are being installed...dear god look at what they're doing...the biggest thing is they have no liquidity. Has anyone lent them any money? No. Has any of the investment money come in yet? No. They got no liquidity. They're barely making it and they have done everything "on this [poker] hand" that was dealt to them. It's time for them to call, show the cards and raise the value. Everybody gets paid. That's why all these countries are sitting there and still coming in. Still investing...
6-30-2020 Intel Guru Footforward [Do you think we will be able to exchange with Canadian Banks?...Once international we should be able to exchange at Canadian Banks I would think?] I believe we will be able to cash out at banks in Canada.
6-30-2020 Intel Guru MarkZ Mine [contacts] are squarely still looking at this evening. I was not expecting movement overnight last night…I am expecting movement late this afternoon. As far as the bankers are concerned “Today is the GO DAY”... If it isn’t I think those bankers will buy us the pitchforks, torches and yellow vests if it does not go this evening. They are sitting there…ready…right now. Huge anticipation for the next 24 hours. There is an enormous amount of anticipation today…especially on the Iraqi front. I messaged with contacts over there in the wee hours this morning and they also have expectations of it going overnight there tonight... so cross your fingers guys and say your prayers... Hopefully we will wake up to a whole new world tomorrow.
6-30-2020 Newshound Guru Breitling ...There's two options on the table. To withdraw from the reserve or to add value to the currency. That's the main debate going on. So some of these guys in parliament are are like, 'let me get this straight, so if it's not $66 per barrel [oil] we're getting our asses kicked financially domestically inside of Iraq. But if we add value to our currency not only do we get to keep our reserve but if we get it high enough we can pay all of our salaries? There's actually a debate on whether we are going to use our reserve or add value to our currency?' That's how ridiculous it is...
6-30-2020 Newshound Guru Jeff ...the reason the rate hasn't changed is because the U.S. is requiring them to have stability. The stability for Iraq means them being able to work together and getting things done together. Since the beginning of last year they have not been able to form a government revealing to the world that they're not able to work together. Right now they still have to finish what's IMO the two items...the rate change is waiting on - would be these "special grades". The independent bodies is for the formation of the government. One of these as an example would be the Central Bank Governor. That's why his proxy term is only right now valid through July 15th. That's when he's out. The other item is the oil/budget numbers agreement between Kurdistan and Baghdad...both are now very close to being done within the next two weeks...
6-30-2020 Intel Guru MarkZ About Zim exchanges...there is a lot of mis-information being put out on purpose. There is a lot of intel people being fed mis-information. I am not worried about the Zim…. I believe its real. I have 2 big attorney’s who tell me it’s still very real… Do not listen to the people who say it isn’t…do not turn into Chicken Little and run around thinking the sky is falling. There are people being paid to give false information out…that is a fact.
6-29-2020 *** Dinar Guru News FLASH *** One guru is reporting that Zimbabwe's currency may have RV'd/changed in value. Reports are sketchy but word is local banks that deal in currency exchange will exchange Zim notes for a newer Zim note. They'll then exchange THAT note for your local currency. If you're in the United States that would be the U.S. dollar. As for the rate...reports are people are making thousands on their investment not millions - a solid return. If you own Zim and exchange please contact me above and share your experience. Stay tuned as this story unfolds and the other gurus chime in on how this impacts the dinar. The latest guru posts will continue below...
6-29-2020 Intel Guru RayRen98 I BELIEVE...THAT "IN THE COMING DAYS" ARE DEFINITELY COMING! $$$$$$$$ MAKE SURE YOUR SEATBELT IS "STILL" FASTENED.
6-29-2020 Intel Guru MarkZ [via PDK] A lot of positioning over the weekend...There was a lot of paperwork updated over the weekend... I cannot find anybody with actual dollars yet though. But they are being told it will be this week. There is a lot of really good chatter right now. There are many appointments set for tomorrow now. Iraqi connections are still very hopeful they will see a new rate by Wednesday. There is a great deal of mis-information right now being purposely sown to everyone…makes us think we are very close.
6-29-2020 Newshound Guru Breitling ...what's the definition of a "white paper"? There's absolutely nothing official about it at all. I've written many of them. I've coached individual on how to put them together...There's absolutely nothing official about it at all...having said that...we are there...because things have changed...we are in an even better spot even with oil prices going up...I can't stress enough about the position you are in. It's a very very good spot...
6-29-2020 Newshound Guru MilitiaMan Article quote: "...The Governor of the Central Bank of Iraq, Ali Mohsen Ismail, instructed to bear the costs of the Zakaria citizen’s operation within the Tamkeen initiative sponsored by the Iraqi Central Bank and Iraqi banks.” Get ready folks.. This is all about going international and bringing in the PRIVATE SECTOR! OH YA!!! ...WOW...
6-29-2020 Newshound/Intel Guru Randy Koonce Iraq is finally ready to be DONE! The US and the IMF wanted them to get the borrowing law ready. The articles coming out have also been saying that this is done. It appears that Iraq has now done what everyone wanted done, and there is nothing left to be done. Except. . .The Rate. The date. ...With the Covid out there, there might be a few extra challenges in the exchange process, so be sure and call your bank, make an appointment, and ask them what their requirements are for coming in. All of the major banks will exchange for us, but it might take a bit of extra planning. Just stay calm. Be polite. Breathe...Do not give your dinar to anyone except a bank. Get professional advice...It has been a journey none of us ever expected, but we should all be grateful to have been included in it. Check www.cbi.iq every day to see if it has changed...[You can always find the latest official CBI rate is listed on the left side of this page.] [post 2 of 2]
6-29-2020 Newshound/Intel Guru Randy Koonce How are you makin it. Well, once again, we have had another long pause since I last gave an update to everyone. But, we have just now had a window open up, giving us another opportunity to finish up this investment. We are all weary...and none of us ever thought it would be this long. Many have asked me if I had gotten out. The answer is: NO!! I have not sold my dinar. And I have not exchanged any dinar...I am writing this letter to let everyone know - we have another window opening up. And this time, it is my opinion that the window will remain open until . . . we are done. "At least, if ALL the political parties keep playing nice." The story of this journey would make the greatest political thriller novel of all time! This time, it looks like the HCL is nearly done. If you have been keeping up with the articles coming out recently, then you know that Iraq has been signaling that they are going to pay people. And in the last week, they have let us know that the census that has been finished recently is on employees who will get paid. So what that means is . . . [post 1 of 2....stay tuned]
6-29-2020 Intel Guru MarkZ [via PDK] A lot of positioning over the weekend...There was a lot of paperwork updated over the weekend... I cannot find anybody with actual dollars yet though. But they are being told it will be this week. There is a lot of really good chatter right now. There are many appointments set for tomorrow now. Iraqi connections are still very hopeful they will see a new rate by Wednesday. There is a great deal of mis-information right now being purposely sown to everyone…makes us think we are very close.
6-29-2020 Newshound Guru Breitling ...what's the definition of a "white paper"? There's absolutely nothing official about it at all. I've written many of them. I've coached individual on how to put them together...There's absolutely nothing official about it at all...having said that...we are there...because things have changed...we are in an even better spot even with oil prices going up...I can't stress enough about the position you are in. It's a very very good spot...
6-29-2020 Newshound Guru MilitiaMan Article quote: "...The Governor of the Central Bank of Iraq, Ali Mohsen Ismail, instructed to bear the costs of the Zakaria citizen’s operation within the Tamkeen initiative sponsored by the Iraqi Central Bank and Iraqi banks.” Get ready folks.. This is all about going international and bringing in the PRIVATE SECTOR! OH YA!!! ...WOW...
6-29-2020 Newshound/Intel Guru Randy Koonce Iraq is finally ready to be DONE! The US and the IMF wanted them to get the borrowing law ready. The articles coming out have also been saying that this is done. It appears that Iraq has now done what everyone wanted done, and there is nothing left to be done. Except. . .The Rate. The date. ...With the Covid out there, there might be a few extra challenges in the exchange process, so be sure and call your bank, make an appointment, and ask them what their requirements are for coming in. All of the major banks will exchange for us, but it might take a bit of extra planning. Just stay calm. Be polite. Breathe...Do not give your dinar to anyone except a bank. Get professional advice...It has been a journey none of us ever expected, but we should all be grateful to have been included in it. Check www.cbi.iq every day to see if it has changed...[You can always find the latest official CBI rate is listed on the left side of this page.] [post 2 of 2]
6-29-2020 Newshound/Intel Guru Randy Koonce How are you makin it. Well, once again, we have had another long pause since I last gave an update to everyone. But, we have just now had a window open up, giving us another opportunity to finish up this investment. We are all weary...and none of us ever thought it would be this long. Many have asked me if I had gotten out. The answer is: NO!! I have not sold my dinar. And I have not exchanged any dinar...I am writing this letter to let everyone know - we have another window opening up. And this time, it is my opinion that the window will remain open until . . . we are done. "At least, if ALL the political parties keep playing nice." The story of this journey would make the greatest political thriller novel of all time! This time, it looks like the HCL is nearly done. If you have been keeping up with the articles coming out recently, then you know that Iraq has been signaling that they are going to pay people. And in the last week, they have let us know that the census that has been finished recently is on employees who will get paid. So what that means is . . . [post 1 of 2....stay tuned]
6-28-2020 Newshound Guru MilitiaMan Article: "Iraqi banks are waiting for a notice to launch salaries within 24 hours" They postponed the salaries for up to 24 hours... The government banks are awaiting a notice...One that is different than in the past...This imo sure looks like the agreement the Kurds have made and signed yesterday, in that they signed the comprehensive agreement, it suggests there was a need to adjust things for the electronic system to make payments...Keep in mind the adjustments at the borders are to have electronic adjustments in line by the 1st of July for shipping, border crossing, taxes, tariffs, fees, etc. Also take note that there will be a parliament session on Monday the 29th. The 2020 Budget is to be sorted by the 30th. The Kurds signing the comprehensive agreement yesterday, imo would have had the 2019 FMLA on the table. That 2019 FMLA is the mechanism or is imo the key to the RI. See the picture being painted? It surely looks promising this is coming to a head! imo It is all lining up! imo.
6-28-2020 Newshound Guru Kaperoni ...guru MarkZ thinks the CBI is stopping the auction. Wrong! ...it was stated yesterday that they're just going to clean up the corruption. The auctions will continue. And of course they have to under the current conditions.
6-28-2020 Newshound/Intel Guru Francis Albert I understand there's Dinar land excitement over Iraq 's PM going to Washington with the idea of Trump announcing Iraq 's National Sovereignty. And this may happen and of course is a good thing, and in now way is throwing a wet blanket on it helping the Dinar go International. This is good. But, please let's not believe that Iraq will ever be Sovereign. The war was about taking over the Country and doing a deal for cheap oil for a long, long time (oil credits), so you can say anything, but IMO U.S. runs the CBI and has Iraq on a leash until the people figure it out and kick U.S. out. So, whether it goes International at .10 or .86 or 1.00 the money, (dollars), that goes to currency investors will come from the oil, through the Treasury, through the banks that will monetize, (create), the dollars in exchange for the paper we have. It is the only possible way it can work.
6-28-2020 Intel Guru RayRen98 Weekend UPDATE...: On Saturday, Parliament stated that they have reform plans that will change the economy of Iraq and reiterating that all the reform plans will boost Iraq. These plans will be submitted within the next 3 months. Amir and Malaiki are on Iraqi TV trying to get the Shiites and the Sunnis to agree on dismissing PM Al-Kadhimi.
6-28-2020 Newshound Guru MilitiaMan Article: "Parliamentary Finance decision: Kurdistan has handed over its employee database to Baghdad...This is their exact number" Quote: "...this is what finally reached the signing of the comprehensive agreement..." ...This looks to be the comprehensive deal that is done now and what we have been waiting for...imo! Love it! imo It is timed right before the adjustments to be made at the borders with taxes, tariifs and fees that will be electronically monitored allocated accordingly...Wow...The timing is imo HUGE!! The HCL/2019 FMLA, salaries, etc, is in this...Wow!!
6-28-2020 Newshound Guru Kaperoni ...guru MarkZ thinks the CBI is stopping the auction. Wrong! ...it was stated yesterday that they're just going to clean up the corruption. The auctions will continue. And of course they have to under the current conditions.
6-28-2020 Newshound/Intel Guru Francis Albert I understand there's Dinar land excitement over Iraq 's PM going to Washington with the idea of Trump announcing Iraq 's National Sovereignty. And this may happen and of course is a good thing, and in now way is throwing a wet blanket on it helping the Dinar go International. This is good. But, please let's not believe that Iraq will ever be Sovereign. The war was about taking over the Country and doing a deal for cheap oil for a long, long time (oil credits), so you can say anything, but IMO U.S. runs the CBI and has Iraq on a leash until the people figure it out and kick U.S. out. So, whether it goes International at .10 or .86 or 1.00 the money, (dollars), that goes to currency investors will come from the oil, through the Treasury, through the banks that will monetize, (create), the dollars in exchange for the paper we have. It is the only possible way it can work.
6-28-2020 Intel Guru RayRen98 Weekend UPDATE...: On Saturday, Parliament stated that they have reform plans that will change the economy of Iraq and reiterating that all the reform plans will boost Iraq. These plans will be submitted within the next 3 months. Amir and Malaiki are on Iraqi TV trying to get the Shiites and the Sunnis to agree on dismissing PM Al-Kadhimi.
6-28-2020 Newshound Guru MilitiaMan Article: "Parliamentary Finance decision: Kurdistan has handed over its employee database to Baghdad...This is their exact number" Quote: "...this is what finally reached the signing of the comprehensive agreement..." ...This looks to be the comprehensive deal that is done now and what we have been waiting for...imo! Love it! imo It is timed right before the adjustments to be made at the borders with taxes, tariifs and fees that will be electronically monitored allocated accordingly...Wow...The timing is imo HUGE!! The HCL/2019 FMLA, salaries, etc, is in this...Wow!!
6-27-2020 Newshound Guru Pimpy this guy [PM Kazemi] is starting to become a hero for the Iraqi people. He really is. He seems to be really doing what's necessary to help out not only the Iraqi people but the Middle East in general...he is literally weaning out those Iranian puppets...this is a huge and bold move...for some strange reason Iran has been very very quiet about everything. I don't know what that means. I haven't been able to figure out why that is...why after all this hassle is Iran being so quiet? There's a weird part of me that thinks they're thinking, 'great once Biden is in then we'll do what we need to do. But until then let's remain quiet.' That's what's going through my head. We will see. Every day I keep seeing more and positive news that tells us that we're almost there...we are way closer than we've ever been before and something tells me there's more on the line of what's happened in Iraq here in the United State in regards to Trump's reelection.
6-27-2020 Intel Guru MarkZ ...None of the folks that had appointments yesterday received any funds…the appointments were all postponed. Some for over the weekend but most on Monday... There was no change of rate this morning in Iraq. I still feel it will be done before early July and we will have 120 days of disclosure before the elections...
6-27-2020 Newshound Guru Pimpy ...the bigger question is what is in the "white paperwork" that's coming to Washington? Everybody is buzzing about that. There's a lot of people assuming the rate change is in there. I don't want to throw that assumption there but it's kinda hard not to...there's a lot of reasons to believe that there really is...
6-27-2020 Newshound Guru Jeff ...they only extended Allaq's proxy which means temporary term as Central Bank Governor until July 15th. That could suggest to us that they might or maybe...giving him only until July 15th to commission and execute and complete the rate change...
6-27-2020 Newshound Guru Pimpy You're gonna see a Rose Garden Podium speech with Al-Kazemi and Trump and Trump is gonna say to the international community it's time to restore the sovereignty of Iraq so that the Iraq people can start moving ahead and rebuilding their country and by doing so we need to remove the restrictions off of their currency and it will once again be recognized internationally which means banks like Wells Fargo, Chase banks and other banks that deal with currency will then be able to either sell or buy from you the Iraqi dinar...we've been waiting for this...Iraq's national sovereignty - that is the key...it's about to happen. It definitely looks like it's about to happen... [Post 2 of 2]
6-27-2020 Newshound Guru Pimpy ...I told you guys things were starting to go and move at neck-breaking pace. Things are going really really good...We're that close IMO to the rate change happening for the Iraqi dinar...there's a push and I know I'm right about this...we see a lot of things happening at one time... Article: " Al - Kazemi on the strategic dialogue with America: It was confirmed for the first time the recognition of national sovereignty". Didn't I tell you what they needed to do? Did I not say they have to restore their sovereignty and then we need their currency to be recognized internationally? ...I'm telling you what's gonna happen is when they get here into the United States you're gonna see it... [post 1 of 2....stay tuned]
6-27-2020 Newshound/Intel Guru Mnt Goat The news this period is all about getting more pressure on the government (GOI) to assist the private sector to prosper and to get off oil as the sole source of revenues. Many articles telling us all kinds of rumors as to how they intend to find the salaries for June. These salaries are due next week. Will they have the money? NO – they are not borrowing from outside Iraq. Nor can they borrow any more internally either from the banks.
6-27-2020 Newshound Guru Adam Montana Article: "Kurdish deputy: Kurdistan Region delegations no longer ask Baghdad about the application of Article 140" [So Why Would The Kurds EVER ‘Give Up’ On Article 140 Under Any Circumstances ? Unless ‘Perhaps’ - That Particular Item Has Already Been Resolved And is no longer a problem!] If anyone is at all excited about what I had to say on Wednesday, I'm sure you're all DOUBLY excited about this stuff!
[Reference Adam Montana post 6-24-2020]
6-27-2020 Intel Guru MarkZ ...None of the folks that had appointments yesterday received any funds…the appointments were all postponed. Some for over the weekend but most on Monday... There was no change of rate this morning in Iraq. I still feel it will be done before early July and we will have 120 days of disclosure before the elections...
6-27-2020 Newshound Guru Pimpy ...the bigger question is what is in the "white paperwork" that's coming to Washington? Everybody is buzzing about that. There's a lot of people assuming the rate change is in there. I don't want to throw that assumption there but it's kinda hard not to...there's a lot of reasons to believe that there really is...
6-27-2020 Newshound Guru Jeff ...they only extended Allaq's proxy which means temporary term as Central Bank Governor until July 15th. That could suggest to us that they might or maybe...giving him only until July 15th to commission and execute and complete the rate change...
6-27-2020 Newshound Guru Pimpy You're gonna see a Rose Garden Podium speech with Al-Kazemi and Trump and Trump is gonna say to the international community it's time to restore the sovereignty of Iraq so that the Iraq people can start moving ahead and rebuilding their country and by doing so we need to remove the restrictions off of their currency and it will once again be recognized internationally which means banks like Wells Fargo, Chase banks and other banks that deal with currency will then be able to either sell or buy from you the Iraqi dinar...we've been waiting for this...Iraq's national sovereignty - that is the key...it's about to happen. It definitely looks like it's about to happen... [Post 2 of 2]
6-27-2020 Newshound Guru Pimpy ...I told you guys things were starting to go and move at neck-breaking pace. Things are going really really good...We're that close IMO to the rate change happening for the Iraqi dinar...there's a push and I know I'm right about this...we see a lot of things happening at one time... Article: " Al - Kazemi on the strategic dialogue with America: It was confirmed for the first time the recognition of national sovereignty". Didn't I tell you what they needed to do? Did I not say they have to restore their sovereignty and then we need their currency to be recognized internationally? ...I'm telling you what's gonna happen is when they get here into the United States you're gonna see it... [post 1 of 2....stay tuned]
6-27-2020 Newshound/Intel Guru Mnt Goat The news this period is all about getting more pressure on the government (GOI) to assist the private sector to prosper and to get off oil as the sole source of revenues. Many articles telling us all kinds of rumors as to how they intend to find the salaries for June. These salaries are due next week. Will they have the money? NO – they are not borrowing from outside Iraq. Nor can they borrow any more internally either from the banks.
6-27-2020 Newshound Guru Adam Montana Article: "Kurdish deputy: Kurdistan Region delegations no longer ask Baghdad about the application of Article 140" [So Why Would The Kurds EVER ‘Give Up’ On Article 140 Under Any Circumstances ? Unless ‘Perhaps’ - That Particular Item Has Already Been Resolved And is no longer a problem!] If anyone is at all excited about what I had to say on Wednesday, I'm sure you're all DOUBLY excited about this stuff!
[Reference Adam Montana post 6-24-2020]
6-25-2020 *** Dinar Guru News Update *** The inventory of the Iraqi dinar in the U.S. market continues to tighten up. Some brokers are struggling to keep it in stock. As expected during a supply shortage the price to buy the dinar has increased. The sell price has also increased. If you're buying or selling currency, be sure you use a reputable source and confirm they have dinar on hand to ship you. The guru have always said the supply of the dinar would dry up when the RV/rate change was near...It's unclear whether the shortage we're seeing now is because of Iraq's change in policy or corona related. Stay tuned as the gurus chime in on this important issue. The latest guru post will continue below...
6-26-2020 Newshound Guru Pimpy ...the news just keeps getting more and more exciting. I almost quit my job this morning. I'm not even kidding. I had to calm myself down. I'm so sure this is getting ready to happen I literally typed up my resignation letter and had it in the drafts getting ready to email my boss...I didn't send it thank God but I sure as hell was thinking about it...we need to come back to reality. It's hard not to feel this way...I can't comment on anything prior to 2018. My experience started at 2018 but just in my short period of time I don't think we've ever been so close to a rate change...last year we saw a lot of activities and we thought for sure it was gonna happen but that is nothing compared to where we are right now. So all those naysayers out there get ready because I have a feeling that we'll be able to laugh back at those naysayers and say see we told you so...
6-26-2020 Intel Guru Bruce [via WiserNow] ...There are things happening – definitely happening now...This thing can go at any time for us – even on Friday – even on a Saturday – so what I’m thinking is that we should stay tuned and see if this thing doesn’t pop – in the time frame I just suggested...we do know that rates are going to be good don’t worry about the rate...again – this is a moving target – but...things were moving forward for us and we believe we are on our way to getting started within 24 hours so that means we could set appointments and go on exchanges quite possibly tomorrow [Friday] or Saturday...
6-26-2020 Newshound Guru Jeff On July 24 Kazemi will be going to Washington to visit the Trump Administration to continue the strategic dialogs...It does appear they might only be keeping Allaq in position long enough to complete the rate change - the reinstatement...Allaq's temporary proxy position has only been extended through July 15.
6-26-2020 Newshound Guru Pimpy ...For a period of time they were spending per month 1 to 1.5 billion U.S. dollar to buy dinar off the open market. This went on for a very long time. In fact, the rumor is that they removed 72% of the currency that was in the open market out of the open market. Whatever they know that's out there they made sure...whatever rate they choose they have whatever it takes to back that up. We seem to be very very close...I think 2020 is our year.
6-26-2020 Intel Guru MarkZ [via PDK] There are a number of appointments slated today, over the weekend and Monday with some of the biggest whales and some of the biggest ministry groups. I have been looking at the first of July now for a couple of weeks…I really hope we are that close. Folks in Iraq still think they will get a new rate before July 1st. Foreign currency markets have dried up everywhere…i think that is a sign of us finally pulling into the station.
6-26-2020 Newshound Guru Vital Brad ..the Central Bank of Iraq - they put out a new article - looks pretty dang good. Article "Clarification of Foreign Reserves In The Central Bank of Iraq" They are saying whatever they revalue their currency at...they're going to be able to cover it and they are going to use the Iraqi dinar as the local currency...it's all worked out...that's incredible. They need to establish a rate. That's what this is saying...all the time that I've been researching this - to have an article like this where they're talking about the rate and international...it ain't over till the fat lady sings. But is it done? ...We have to keep being patient. Don't have a date. Don't have the rate but looks pretty dang good...
6-26-2020 Newshound Guru MilitiaMan Article: "Clarification on foreign reserves in the Central Bank of Iraq" Quote: "...the minimum value of foreign reserves that the monetary authority must possess and that is calculated according to internationally approved standards - represents the ability of the monetary authority to defend the local currency exchange rate"... This article ought to be one we all smile about... Because they are not doing this now at a program rate. imo.. They are gearing up to use the tools for a new exchange rate and it appears they are ready to act on a moments notice...imo...This is timed accordingly...
6-26-2020 Newshound Guru Pimpy ...people are saying they're finding it harder and harder to stay motivated about going into work because they feel like this thing's gonna happen any day...I'm in the same boat as you. But you can't allow that feeling to overwhelm you. My job has all of a sudden become, you know, I just can't feel motivated to go. That's because every day the news just keeps seeming better and better and it feels like we're getting closer. So I have to tell myself to snap out of it. I don't want you to start counting your chickens before they hatch...yes everything is looking good...but don't make any assumptions. I literally typed up my resignation letter because I can't feel motivated to go to work and that's really really bad. So hang tight. We'll ride this bad boy out and we'll see what happens. Trust me I can't wait...It looks so good, so much so that it is a little bit hard to feel motivated everyday to go to work. I feel you but don't quit yet.
6-26-2020 Intel Guru Bruce [via WiserNow] ...There are things happening – definitely happening now...This thing can go at any time for us – even on Friday – even on a Saturday – so what I’m thinking is that we should stay tuned and see if this thing doesn’t pop – in the time frame I just suggested...we do know that rates are going to be good don’t worry about the rate...again – this is a moving target – but...things were moving forward for us and we believe we are on our way to getting started within 24 hours so that means we could set appointments and go on exchanges quite possibly tomorrow [Friday] or Saturday...
6-26-2020 Newshound Guru Jeff On July 24 Kazemi will be going to Washington to visit the Trump Administration to continue the strategic dialogs...It does appear they might only be keeping Allaq in position long enough to complete the rate change - the reinstatement...Allaq's temporary proxy position has only been extended through July 15.
6-26-2020 Newshound Guru Pimpy ...For a period of time they were spending per month 1 to 1.5 billion U.S. dollar to buy dinar off the open market. This went on for a very long time. In fact, the rumor is that they removed 72% of the currency that was in the open market out of the open market. Whatever they know that's out there they made sure...whatever rate they choose they have whatever it takes to back that up. We seem to be very very close...I think 2020 is our year.
6-26-2020 Intel Guru MarkZ [via PDK] There are a number of appointments slated today, over the weekend and Monday with some of the biggest whales and some of the biggest ministry groups. I have been looking at the first of July now for a couple of weeks…I really hope we are that close. Folks in Iraq still think they will get a new rate before July 1st. Foreign currency markets have dried up everywhere…i think that is a sign of us finally pulling into the station.
6-26-2020 Newshound Guru Vital Brad ..the Central Bank of Iraq - they put out a new article - looks pretty dang good. Article "Clarification of Foreign Reserves In The Central Bank of Iraq" They are saying whatever they revalue their currency at...they're going to be able to cover it and they are going to use the Iraqi dinar as the local currency...it's all worked out...that's incredible. They need to establish a rate. That's what this is saying...all the time that I've been researching this - to have an article like this where they're talking about the rate and international...it ain't over till the fat lady sings. But is it done? ...We have to keep being patient. Don't have a date. Don't have the rate but looks pretty dang good...
6-26-2020 Newshound Guru MilitiaMan Article: "Clarification on foreign reserves in the Central Bank of Iraq" Quote: "...the minimum value of foreign reserves that the monetary authority must possess and that is calculated according to internationally approved standards - represents the ability of the monetary authority to defend the local currency exchange rate"... This article ought to be one we all smile about... Because they are not doing this now at a program rate. imo.. They are gearing up to use the tools for a new exchange rate and it appears they are ready to act on a moments notice...imo...This is timed accordingly...
6-26-2020 Newshound Guru Pimpy ...people are saying they're finding it harder and harder to stay motivated about going into work because they feel like this thing's gonna happen any day...I'm in the same boat as you. But you can't allow that feeling to overwhelm you. My job has all of a sudden become, you know, I just can't feel motivated to go. That's because every day the news just keeps seeming better and better and it feels like we're getting closer. So I have to tell myself to snap out of it. I don't want you to start counting your chickens before they hatch...yes everything is looking good...but don't make any assumptions. I literally typed up my resignation letter because I can't feel motivated to go to work and that's really really bad. So hang tight. We'll ride this bad boy out and we'll see what happens. Trust me I can't wait...It looks so good, so much so that it is a little bit hard to feel motivated everyday to go to work. I feel you but don't quit yet.
6-25-2020 Newshound Guru MilitiaMan Article: "Mechanism for opening government documentary credits with private banks" ...A Documentary credit or "Letter of Credit" is to facilitate trade payments internationally. They are used to make sure things are fair and run smooth. Being internationally accepted in the world requires countries to play on a level playing field... They cannot give out the international exchange rate with out properly announcing they are Article 8 compliant by actually raising the value of the exchange rate. So they use the example of the program rate. imo. Keep in mind they are telling us they are going to use the D/Cs [Documentary credit]. That means they are telling us they are about to change the value of the exchange rate to be internationally accepted and imo that will cease the Multi Currency Practices (MCPs) they have been using...So, the timing of this is by design...Telling us they are ready to go imo.
6-25-2020 Intel Guru MarkZ [Trump needs to get the RV done before the election...] I agree…I am looking at around 120 days before the election…this is before the 4th…which is coming up soon. I believe he will get the RV out before the election...
6-25-2020 Intel Guru Footforward ...I can't fathom why on Earth somebody would be talking about this going into 2021.
6-25-2020 Newshound/Intel Guru Mnt Goat I want everyone to understand today that there is NO positive proof that the CBI intends to revalue or reinstate the Iraqi dinar by the end of June or even in July. However, there are many signs that yet more progress has been made to clean up the corruption and pave the way for the eventual reinstatement and do it sooner than later...
6-25-2020 Intel Guru MarkZ [via PDK] We are still getting all kinds of chatter… but we are not out of the gate yet… [Whats the deal with Iraq? Auctions have stopped…how is Iraq living?] Without them auctioning their currency for US dollars they do not do well…that they have suspended those auctions lets you know how important it is that they change their value. This lets us know how close they are to RV. Even Shabibi said that at the end, close to the RV, they would stop their foreign currency auctions. This is big. They are trying to get dinar off the streets and limit the supply before they RV…
6-25-2020 Newshound Guru Pimpy [IFEX Investors' Question] The question was - if the conversion fees, buying from other countries and bringing it into Iraq it's gonna be very costly, the fees are going to be very high, the conversion fees are gonna be very high...and they're worried about inflation because if they start building in this nation that means you're going to need a lot more currency and if you have to keep pumping out more and more local currency, then that can cause inflation to go up. Of course the response was 'That should not a problem. We have a solution for that. Don't worry about that.' Along those lines. I don't want to tell you guys that they're talking about changing the rate but it sure the hell sounds like it...never in my life have I felt that we're closer to a rate change...
6-25-2020 Newshound Guru Kaperoni Does Iraq want to see the dinar go up in value? Of course they do but these conferences are all about inviting foreign investment to rebuild and create a private sector. Only then can the dinar begin to go up in value.
6-25-2020 Newshound Guru Pimpy Article "Iraq officially discloses the date for Al-Kazimi's visit to Washington" This is big man. I don't know why. Call me crazy it's just a vibe that I have. I don't know how to explain it but something tells me this visit is going to be the big visit. I think we're gonna see some great things... hopefully Trump himself gets into this meeting and what we find out is they're very happy about the progress that's been made and we restore the sovereignty of Iraq and remove all restrictions off their currency and allow them then to trade on the Forex...it'll change the rate of an Iraqi dinar if it gets on Forex. There has been a lot of really positive and good news. A lot of good positive vibes. I like what's going on. I'm excited about it...
6-25-2020 Intel Guru MarkZ [Trump needs to get the RV done before the election...] I agree…I am looking at around 120 days before the election…this is before the 4th…which is coming up soon. I believe he will get the RV out before the election...
6-25-2020 Intel Guru Footforward ...I can't fathom why on Earth somebody would be talking about this going into 2021.
6-25-2020 Newshound/Intel Guru Mnt Goat I want everyone to understand today that there is NO positive proof that the CBI intends to revalue or reinstate the Iraqi dinar by the end of June or even in July. However, there are many signs that yet more progress has been made to clean up the corruption and pave the way for the eventual reinstatement and do it sooner than later...
6-25-2020 Intel Guru MarkZ [via PDK] We are still getting all kinds of chatter… but we are not out of the gate yet… [Whats the deal with Iraq? Auctions have stopped…how is Iraq living?] Without them auctioning their currency for US dollars they do not do well…that they have suspended those auctions lets you know how important it is that they change their value. This lets us know how close they are to RV. Even Shabibi said that at the end, close to the RV, they would stop their foreign currency auctions. This is big. They are trying to get dinar off the streets and limit the supply before they RV…
6-25-2020 Newshound Guru Pimpy [IFEX Investors' Question] The question was - if the conversion fees, buying from other countries and bringing it into Iraq it's gonna be very costly, the fees are going to be very high, the conversion fees are gonna be very high...and they're worried about inflation because if they start building in this nation that means you're going to need a lot more currency and if you have to keep pumping out more and more local currency, then that can cause inflation to go up. Of course the response was 'That should not a problem. We have a solution for that. Don't worry about that.' Along those lines. I don't want to tell you guys that they're talking about changing the rate but it sure the hell sounds like it...never in my life have I felt that we're closer to a rate change...
6-25-2020 Newshound Guru Kaperoni Does Iraq want to see the dinar go up in value? Of course they do but these conferences are all about inviting foreign investment to rebuild and create a private sector. Only then can the dinar begin to go up in value.
6-25-2020 Newshound Guru Pimpy Article "Iraq officially discloses the date for Al-Kazimi's visit to Washington" This is big man. I don't know why. Call me crazy it's just a vibe that I have. I don't know how to explain it but something tells me this visit is going to be the big visit. I think we're gonna see some great things... hopefully Trump himself gets into this meeting and what we find out is they're very happy about the progress that's been made and we restore the sovereignty of Iraq and remove all restrictions off their currency and allow them then to trade on the Forex...it'll change the rate of an Iraqi dinar if it gets on Forex. There has been a lot of really positive and good news. A lot of good positive vibes. I like what's going on. I'm excited about it...
6-24-2020 Intel Guru MarkZ [via PDK] In Asia I got an overnight report that the street rate (Dong) was supposed to start at about .47 cents then let it float. Now I am hearing it will start at a 1 to 1 parity and then let it float...
6-24-2020 Intel Guru Bruce [via WiserNow] ...I believe it was...on Thursday or Friday we were already pointing toward early this week...So we came to find out...there’s still a little bit of clean up that was needed...my understanding is that took place already – so I feel as though we’re in position where this could go and we could get notified... So that points well for us over the next couple of days...Now I am not trying to call it...I’m just saying the information I have is pointing towards the next 48 hours... We are looking at very good rates – Don’t know what they are – I had an idea but they change –and so you’re going to be fine on that... I just feel like this thing is coming to an end...
6-24-2020 Newshound Guru MilitiaMan Article: "Parliamentary Economy: The white paper includes 3 stages, starting with the reform of niches and currency auctions" There is nothing at all bad with this openness in regard to pushing forward to a market economy. Stopping the auctions will force the mechanism to be applied.. That imo is the first step and it is a very important one!!! imo Looking so very good now...imo
6-24-2020 Intel Guru MarkZ [via PDK] [More can kicking?] I don’t think they are kicking it anymore…they seem to be full tilt getting it out the door...I think we are awfully close to “the boy who cried wolf” being right. I believe we are exceptionally close now. Do I think a day or two? I hope it is.
6-24-2020 Newshound Guru Pimpy ...in the foreign expo for Iraq, Allaq gave a speech...basically what he was saying was before we can go international (he was talking about the dinar) we have to make sure we have reform that makes everything stable internally. The economy needed to be stable. The banking needed to be stable. Pricing needed to be stable. Low and behold today guess what happens... Article: "The Central Bank of Iraq announces the success of its efforts to reform the economic environment and achieve stability in prices". This is why so many people feel like the dinar is going to happen this year - 2020...these things are exciting...this is great news...so if the stability locally is done, what does that mean for us internationally? It's looking good guys - really good. I have faith this thing is going to happen really soon...
6-24-2020 Newshound Guru Adam Montana We are looking at constant HCL news, constant mention of monetary change, constant clues that we are on the brink of a monumental event. I'm ready. There is just so much going on right now that smells like "HCL"... it's almost overwhelming. You can bet the gurus are going to be going nuts here pretty soon. Hang on to your hats, friends... stay grounded...and enjoy the ride. Go Kazzammie. Go HCL. GO RV. [post 2 of 2]
6-24-2020 Newshound Guru Adam Montana ...I made mention last week that we are in a great spot, and I was hoping to see some movement on the HCL. Article quotes: "The oil and gas law will be included in the upcoming sessions."; "the current government has a clear and ongoing project in the process of economic and financial reform"; "Al-Alaq, announced that the Central Bank of Iraq has succeeded in reforming the economic environment and stabilizing prices"; "The white paper includes 3 stages, starting with the reform of niches and currency auctions" And...seriously, it just kept going. There are times when I find it perfectly acceptable to be calm, sit back, and not get too excited. This is not that time. [post 1 of 2....stay tuned]
6-24-2020 Newshound Guru Don961 Article: "Parliamentary Economy: The white paper includes 3 stages, starting with the reform of niches and currency auctions" Quotes: "the economic white paper that the government intends to implement in the coming periods aims at a comprehensive reform of the economic system,"; "...the reformist white paper and its content...will be a road map for implementing a set of economic measures," noting that "calling it white because it is a new reform paper will be written in cooperation between the government and parliament away from the interference of political parties."
6-24-2020 Intel Guru Frank26 ...look what I did. I moved the decimal point over three places and by doing that I lifted 3 zeros electronically. Who has the power to do that? The CBI. With who? The Fab 4 because they give them the authority. The IMF, World Bank, The U.S. Treasury, The President of the United States...IMO the "white papers" contain a rate and a date...that was authorized...this is the reason why it's so hard to get the Iraqi dinar right now...2 and a half years ago did you notice that it was starting to get harder to get the dinar? Now can you find it? These places are drying up because of the monetary reform benchmarks that were met in order to have the white papers we have today... [Post 2 of 2]
6-24-2020 Intel Guru Frank26 ...my broker called me around 3:00 in the afternoon yesterday to say to me, 'Frank, we're putting a freeze on the selling of the Vietnamese dong.' And I said, really? We already have a freeze on the Iraqi dinar...the liquidity of this currency was accomplished as a benchmark in order for them to come out with the Real Effective Exchange Rate of the Iraqi dinar...the Iraqi dinar...exchange rate for it is .000869741 somewhere in that ball park...so when you take that decimal point and move it over to the right 3 places...rounds out to about .86 cents and the goal is to get it to 1 dollar... [post 1 of 2....stay tuned]
6-24-2020 Newshound/Intel Guru Mnt Goat The WOW news of the week is the CBI has finally spoken up. They issued a “white paper” again on the financial sector of Iraq. It is all very good as they talk about going international and completing the “project to delete the zeros” in the “coming period”. So again, we just have to sit tight and wait it out. Please, please, please don’t sell you dinar. You are already RICH only you have to wait a bit to go to the bank. We are slowly progressing to the end of this ride and it will not be much longer. How much longer? We are now seeing many of the reforms we could only pray for these last couple years. Yes, they are actually doing them. All I can tell everyone NOW is it will be much sooner than later and certainly not January 2021.
6-24-2020 Intel Guru Bruce [via WiserNow] ...I believe it was...on Thursday or Friday we were already pointing toward early this week...So we came to find out...there’s still a little bit of clean up that was needed...my understanding is that took place already – so I feel as though we’re in position where this could go and we could get notified... So that points well for us over the next couple of days...Now I am not trying to call it...I’m just saying the information I have is pointing towards the next 48 hours... We are looking at very good rates – Don’t know what they are – I had an idea but they change –and so you’re going to be fine on that... I just feel like this thing is coming to an end...
6-24-2020 Newshound Guru MilitiaMan Article: "Parliamentary Economy: The white paper includes 3 stages, starting with the reform of niches and currency auctions" There is nothing at all bad with this openness in regard to pushing forward to a market economy. Stopping the auctions will force the mechanism to be applied.. That imo is the first step and it is a very important one!!! imo Looking so very good now...imo
6-24-2020 Intel Guru MarkZ [via PDK] [More can kicking?] I don’t think they are kicking it anymore…they seem to be full tilt getting it out the door...I think we are awfully close to “the boy who cried wolf” being right. I believe we are exceptionally close now. Do I think a day or two? I hope it is.
6-24-2020 Newshound Guru Pimpy ...in the foreign expo for Iraq, Allaq gave a speech...basically what he was saying was before we can go international (he was talking about the dinar) we have to make sure we have reform that makes everything stable internally. The economy needed to be stable. The banking needed to be stable. Pricing needed to be stable. Low and behold today guess what happens... Article: "The Central Bank of Iraq announces the success of its efforts to reform the economic environment and achieve stability in prices". This is why so many people feel like the dinar is going to happen this year - 2020...these things are exciting...this is great news...so if the stability locally is done, what does that mean for us internationally? It's looking good guys - really good. I have faith this thing is going to happen really soon...
6-24-2020 Newshound Guru Adam Montana We are looking at constant HCL news, constant mention of monetary change, constant clues that we are on the brink of a monumental event. I'm ready. There is just so much going on right now that smells like "HCL"... it's almost overwhelming. You can bet the gurus are going to be going nuts here pretty soon. Hang on to your hats, friends... stay grounded...and enjoy the ride. Go Kazzammie. Go HCL. GO RV. [post 2 of 2]
6-24-2020 Newshound Guru Adam Montana ...I made mention last week that we are in a great spot, and I was hoping to see some movement on the HCL. Article quotes: "The oil and gas law will be included in the upcoming sessions."; "the current government has a clear and ongoing project in the process of economic and financial reform"; "Al-Alaq, announced that the Central Bank of Iraq has succeeded in reforming the economic environment and stabilizing prices"; "The white paper includes 3 stages, starting with the reform of niches and currency auctions" And...seriously, it just kept going. There are times when I find it perfectly acceptable to be calm, sit back, and not get too excited. This is not that time. [post 1 of 2....stay tuned]
6-24-2020 Newshound Guru Don961 Article: "Parliamentary Economy: The white paper includes 3 stages, starting with the reform of niches and currency auctions" Quotes: "the economic white paper that the government intends to implement in the coming periods aims at a comprehensive reform of the economic system,"; "...the reformist white paper and its content...will be a road map for implementing a set of economic measures," noting that "calling it white because it is a new reform paper will be written in cooperation between the government and parliament away from the interference of political parties."
6-24-2020 Intel Guru Frank26 ...look what I did. I moved the decimal point over three places and by doing that I lifted 3 zeros electronically. Who has the power to do that? The CBI. With who? The Fab 4 because they give them the authority. The IMF, World Bank, The U.S. Treasury, The President of the United States...IMO the "white papers" contain a rate and a date...that was authorized...this is the reason why it's so hard to get the Iraqi dinar right now...2 and a half years ago did you notice that it was starting to get harder to get the dinar? Now can you find it? These places are drying up because of the monetary reform benchmarks that were met in order to have the white papers we have today... [Post 2 of 2]
6-24-2020 Intel Guru Frank26 ...my broker called me around 3:00 in the afternoon yesterday to say to me, 'Frank, we're putting a freeze on the selling of the Vietnamese dong.' And I said, really? We already have a freeze on the Iraqi dinar...the liquidity of this currency was accomplished as a benchmark in order for them to come out with the Real Effective Exchange Rate of the Iraqi dinar...the Iraqi dinar...exchange rate for it is .000869741 somewhere in that ball park...so when you take that decimal point and move it over to the right 3 places...rounds out to about .86 cents and the goal is to get it to 1 dollar... [post 1 of 2....stay tuned]
6-24-2020 Newshound/Intel Guru Mnt Goat The WOW news of the week is the CBI has finally spoken up. They issued a “white paper” again on the financial sector of Iraq. It is all very good as they talk about going international and completing the “project to delete the zeros” in the “coming period”. So again, we just have to sit tight and wait it out. Please, please, please don’t sell you dinar. You are already RICH only you have to wait a bit to go to the bank. We are slowly progressing to the end of this ride and it will not be much longer. How much longer? We are now seeing many of the reforms we could only pray for these last couple years. Yes, they are actually doing them. All I can tell everyone NOW is it will be much sooner than later and certainly not January 2021.
6-23-2020 Newshound Guru Pimpy ...the reason why they denied me entry into this conference [Iraq Finance Expo] is because I speak about the dinar. That's how I knew for sure they were gonna talk about it. They didn't want me in there recording anything because they knew they were gonna talk about the dinar. They didn't specifically give out any kind of rate change but they did talk about what needs to be done. And it's already being done. I feel absolutely good about the year 2020...
6-23-2020 Newshound Guru Jeff Article "Al-Kadhimi reveals the details of the 'white paper" This is very important. The White paper is the roadmap for the rate change. For the economic reform. And the brand new economy they're preparing to launch...
6-23-2020 Intel Guru Bob Locke [via PDK] [...How close do you think we are?] I have never seen the kind of talk and the amount of talk indicating that today is the day thus far through all my years and years of this. . .I am hopeful today that we see some stuff happen.
6-23-2020 Newshound Guru Pimpy ...there's been a lot of chitter-chatter about the IFEX conference...It was Allak who spoke about the dinar during the conference. This is what Allak said. The dinar must first be stable in the country before it can be international. But he also said... Iraq was open for business and that he encouraged outside investors to come in...We also know...if they're gonna come in and do business a couple of things must happen. One is Iraq has to have an internationally recognized currency. There is no "ifs" "ands" or "but's" about it. Not only that you have to change the rate in order for outside investors to come in or it's too expensive. Sure the labor is cheap in country but importing good from other countries that they will need to get their businesses going it's just too costly. So rate change is gonna have to happen...
6-23-2020 Intel Guru Footforward I have a pretty good idea on what the rate will be. It's just the date...That I'm working on. I've said for a long time it will be over 3.50 in my opinion. I can't get more specific then that...
6-23-2020 Intel Guru MarkZ [via PDK] [This was supposed to be our morning…very disappointing.] I heard it wasn’t supposed to start until this afternoon…so I am not disappointed yet. Watching this afternoon about 4 or 5. Banking contacts have been very frustrated but they believe today is the day…specifically this afternoon. They are confident we are in the last 1-to 3 days of all of this. Iraq contacts are also thinking today is the day and they will be able to publish a figure in the Gazette tomorrow. They are very confident that they will be going by the first and will have an International, Worldwide, Competitive Currency. We will be watching this evening closely.
6-23-2020 Newshound Guru Jeff ...as Allak's [Governor of the CBI] proxy term is ending on or around July 15th Iraq is transitioning...to a new economic system but the rate change has to happen right in the middle - between the two. They're putting out a ton of articles telling you they're planning to do this. You are very close to the edge of this right now...
6-23-2020 Newshound/Intel Guru Walkingstick [via Frank26] ...these white papers are the end result of when they have pulled the trigger of the monetary reform...the white papers have the rate and the date... [Reference Frank26 6-23-2020]
6-23-2020 Intel Guru Frank26 ...the CBI has introduced something that was in those meeting two months ago...it's called "white paper". It's a report. It's a guide. It's a definition of an agreement...White paper is extremely important. It's an authoritative report. It comes from the authorities of the Fab 4. It's important for the structure of Iraq and it's important for the international structure of Iraq. This white paper is extremely crucial...it's been introduced from the CBI to the GOI. What's it for? Mainly it's for the budget. What's in the budget? The economic reform. I told you they need the financial reform first in order to have the economic reform...these white papers are the passport for the new Iraqi dinar...
6-23-2020 Newshound Guru Samson Article: "Corona may prompt the Iraqi parliament to hold unprecedented sessions" Quote: "Next Wednesday will see a vote on the law on external and internal borrowing," noting that "the oil and gas law will be included in the upcoming sessions."
6-23-2020 Newshound Guru Jeff Article "Al-Kadhimi reveals the details of the 'white paper" This is very important. The White paper is the roadmap for the rate change. For the economic reform. And the brand new economy they're preparing to launch...
6-23-2020 Intel Guru Bob Locke [via PDK] [...How close do you think we are?] I have never seen the kind of talk and the amount of talk indicating that today is the day thus far through all my years and years of this. . .I am hopeful today that we see some stuff happen.
6-23-2020 Newshound Guru Pimpy ...there's been a lot of chitter-chatter about the IFEX conference...It was Allak who spoke about the dinar during the conference. This is what Allak said. The dinar must first be stable in the country before it can be international. But he also said... Iraq was open for business and that he encouraged outside investors to come in...We also know...if they're gonna come in and do business a couple of things must happen. One is Iraq has to have an internationally recognized currency. There is no "ifs" "ands" or "but's" about it. Not only that you have to change the rate in order for outside investors to come in or it's too expensive. Sure the labor is cheap in country but importing good from other countries that they will need to get their businesses going it's just too costly. So rate change is gonna have to happen...
6-23-2020 Intel Guru Footforward I have a pretty good idea on what the rate will be. It's just the date...That I'm working on. I've said for a long time it will be over 3.50 in my opinion. I can't get more specific then that...
6-23-2020 Intel Guru MarkZ [via PDK] [This was supposed to be our morning…very disappointing.] I heard it wasn’t supposed to start until this afternoon…so I am not disappointed yet. Watching this afternoon about 4 or 5. Banking contacts have been very frustrated but they believe today is the day…specifically this afternoon. They are confident we are in the last 1-to 3 days of all of this. Iraq contacts are also thinking today is the day and they will be able to publish a figure in the Gazette tomorrow. They are very confident that they will be going by the first and will have an International, Worldwide, Competitive Currency. We will be watching this evening closely.
6-23-2020 Newshound Guru Jeff ...as Allak's [Governor of the CBI] proxy term is ending on or around July 15th Iraq is transitioning...to a new economic system but the rate change has to happen right in the middle - between the two. They're putting out a ton of articles telling you they're planning to do this. You are very close to the edge of this right now...
6-23-2020 Newshound/Intel Guru Walkingstick [via Frank26] ...these white papers are the end result of when they have pulled the trigger of the monetary reform...the white papers have the rate and the date... [Reference Frank26 6-23-2020]
6-23-2020 Intel Guru Frank26 ...the CBI has introduced something that was in those meeting two months ago...it's called "white paper". It's a report. It's a guide. It's a definition of an agreement...White paper is extremely important. It's an authoritative report. It comes from the authorities of the Fab 4. It's important for the structure of Iraq and it's important for the international structure of Iraq. This white paper is extremely crucial...it's been introduced from the CBI to the GOI. What's it for? Mainly it's for the budget. What's in the budget? The economic reform. I told you they need the financial reform first in order to have the economic reform...these white papers are the passport for the new Iraqi dinar...
6-23-2020 Newshound Guru Samson Article: "Corona may prompt the Iraqi parliament to hold unprecedented sessions" Quote: "Next Wednesday will see a vote on the law on external and internal borrowing," noting that "the oil and gas law will be included in the upcoming sessions."
6-22-2020 Intel Guru MarkZ [via PDK] [Why is there so much fake intel?] We knew this was going to happen…we have been told for years…we knew that at the tail end that this is exactly what we were going to see. I’m not letting it shake me and I am excited about where we are at.
6-22-2020 Newshound Guru Pimpy ...When I started the conference last night I noticed that the link wouldn't go through to see the conference. So I emailed the organizers and I told them that I have the ticket to get into the conference but it's not letting me go through...they email me back and this is what the email says. 'Dear Luther, Thank you for your email. I am afraid we cannot be allowing companies that underrate dinar trading in the United States into the conference as per our strict attendance rules. You have been fully refunded via PayPal.' ...I know we were looking forward to getting some information from this conference but unfortunately one of the organizers there is a follower of my channel and he knew exactly that we talk about the Iraqi dinar. Now I don't actually undertake in distributing Iraqi dinar. I just give my opinion based on news articles about the Iraqi dinar so that was a little upsetting because I've been looking forward to it all week...unfortunately it just did not pan out...
6-22-2020 Newshound Guru Jeff ...when Washington comes to Iraq that's to help them. Usually when Iraq goes to Washington it's to congratulate them and say congratulations job well done. IMO July 15th could be our back wall based on that...I would almost say that would be Kazemi going to Washington after the rate change...
6-22-2020 Intel Guru Footforward [...Any thoughts on the dong still for June...] from where I sit, my opinion is they need to do something fairly quickly now with all that's going on with China. And the signs to me suggested June or July as a timeline. So that's what I'm looking for...
6-22-2020 Intel Guru MarkZ [via PDK] Lots of chatter right now...According to banking contacts we are done!! All of my banking contacts are coming unglued…we saw testing of the systems last week….we saw all kinds of rates hitting banks….bankers that I have not talked to in quite awhile told me it looks like we are getting close…..we are getting prepped for it… I really do think we are at the end of it…I am actually very upbeat about where we are…just don’t think we will see it Tuesday. In Iraq they are talking about July 1st having a new and competitive currency so I think we are looking at sometime between here and there for the reset. [Will we be done by the 4th of July?] Yes I think so…
6-22-2020 Guest Guru DataSteward I have a different perspective about keeping Alak until July 15. [Reference Guru Jeff's post 6-19-2020] Whenever I was part of a team to deploy an upgrade or a new software system we usually scheduled 1 to 2 weeks following the deployment date for dedicated technical support to fix bugs and to immediately assist users with whatever they needed. Alak has intellectual capital nobody else has and they should keep him around a week or two after they change the rate to answer questions and provide solutions for things that didn't go as planned.
6-22-2020 Newshound Guru MilitiaMan Article: "In the first official position, the central bank proposes a mechanism for the government to cross the financial crisis" Quote: "...there are 3 advantages enjoyed by the financial situation of Iraq, the first of which is a rich country and its oil resource is quantitatively stable and the last barrel of oil in the world according to studies will be from Iraq and secondly that the bank The central bank has good reserves..." Currency Rates are mechanisms. Bonds are mechanisms, bonds have interest rates associated with them, the are liquid assets just as currency, that can be traded on the secondary markets... Looks like they are even mentioning the banks international interface as the vehicle to do so... The bonds will be for local and or global availability. They even have an open for business sign out (lol) for all days of the week to keep things flowing from now on, even taking into account the epidemic. imo.
6-22-2020 Newshound Guru Pimpy ...we are about 15 hours away from the big Iraq conference...this is on what's going on it Iraq as far as the economy is concerned, investment opportunities, the whole nine yards. We're hoping for some good Easter egg or at least some good fact that come out and tell us that indeed the rate change is going to happen...
6-22-2020 Newshound/Intel Guru Mnt Goat Article: "PARLIAMENT OBLIGATED THE GOVERNMENT TO SEND THE BUDGET WITHIN THE NEXT TWO WEEKS" It is very hard to complete the necessary financial and banking reforms without a budget for 2020 going forward. I am hearing the delay is due to the restructuring of the financial industry due to many factors mainly corruption. Iraq is going to see some MAJOR changes in the near future.
6-22-2020 Newshound Guru Pimpy ...When I started the conference last night I noticed that the link wouldn't go through to see the conference. So I emailed the organizers and I told them that I have the ticket to get into the conference but it's not letting me go through...they email me back and this is what the email says. 'Dear Luther, Thank you for your email. I am afraid we cannot be allowing companies that underrate dinar trading in the United States into the conference as per our strict attendance rules. You have been fully refunded via PayPal.' ...I know we were looking forward to getting some information from this conference but unfortunately one of the organizers there is a follower of my channel and he knew exactly that we talk about the Iraqi dinar. Now I don't actually undertake in distributing Iraqi dinar. I just give my opinion based on news articles about the Iraqi dinar so that was a little upsetting because I've been looking forward to it all week...unfortunately it just did not pan out...
6-22-2020 Newshound Guru Jeff ...when Washington comes to Iraq that's to help them. Usually when Iraq goes to Washington it's to congratulate them and say congratulations job well done. IMO July 15th could be our back wall based on that...I would almost say that would be Kazemi going to Washington after the rate change...
6-22-2020 Intel Guru Footforward [...Any thoughts on the dong still for June...] from where I sit, my opinion is they need to do something fairly quickly now with all that's going on with China. And the signs to me suggested June or July as a timeline. So that's what I'm looking for...
6-22-2020 Intel Guru MarkZ [via PDK] Lots of chatter right now...According to banking contacts we are done!! All of my banking contacts are coming unglued…we saw testing of the systems last week….we saw all kinds of rates hitting banks….bankers that I have not talked to in quite awhile told me it looks like we are getting close…..we are getting prepped for it… I really do think we are at the end of it…I am actually very upbeat about where we are…just don’t think we will see it Tuesday. In Iraq they are talking about July 1st having a new and competitive currency so I think we are looking at sometime between here and there for the reset. [Will we be done by the 4th of July?] Yes I think so…
6-22-2020 Guest Guru DataSteward I have a different perspective about keeping Alak until July 15. [Reference Guru Jeff's post 6-19-2020] Whenever I was part of a team to deploy an upgrade or a new software system we usually scheduled 1 to 2 weeks following the deployment date for dedicated technical support to fix bugs and to immediately assist users with whatever they needed. Alak has intellectual capital nobody else has and they should keep him around a week or two after they change the rate to answer questions and provide solutions for things that didn't go as planned.
6-22-2020 Newshound Guru MilitiaMan Article: "In the first official position, the central bank proposes a mechanism for the government to cross the financial crisis" Quote: "...there are 3 advantages enjoyed by the financial situation of Iraq, the first of which is a rich country and its oil resource is quantitatively stable and the last barrel of oil in the world according to studies will be from Iraq and secondly that the bank The central bank has good reserves..." Currency Rates are mechanisms. Bonds are mechanisms, bonds have interest rates associated with them, the are liquid assets just as currency, that can be traded on the secondary markets... Looks like they are even mentioning the banks international interface as the vehicle to do so... The bonds will be for local and or global availability. They even have an open for business sign out (lol) for all days of the week to keep things flowing from now on, even taking into account the epidemic. imo.
6-22-2020 Newshound Guru Pimpy ...we are about 15 hours away from the big Iraq conference...this is on what's going on it Iraq as far as the economy is concerned, investment opportunities, the whole nine yards. We're hoping for some good Easter egg or at least some good fact that come out and tell us that indeed the rate change is going to happen...
6-22-2020 Newshound/Intel Guru Mnt Goat Article: "PARLIAMENT OBLIGATED THE GOVERNMENT TO SEND THE BUDGET WITHIN THE NEXT TWO WEEKS" It is very hard to complete the necessary financial and banking reforms without a budget for 2020 going forward. I am hearing the delay is due to the restructuring of the financial industry due to many factors mainly corruption. Iraq is going to see some MAJOR changes in the near future.
6-21-2020 Intel Guru Footforward [I'm assuming no chance of a rate change today.] I wouldn't say no chance. [...figured we were done until July...] not done at all. June still has alot of days left. I haven't at all given up on June.
6-21-2020 Newshound Guru MilitiaMan The World Bank is going to manage Iraq's exchange rate into the future. At least that's what they said they were going to do. Because why? They have an agreement with the CBI...it specifically says they have an understanding and an agreement...for them to manage the exchange rate means they're going to change it.
6-21-2020 Intel/Newshound Guru Frank26 This is amazing. IMO they gave them notice today [Friday] to the citizens. Actually to the international world. On a holiday. Do you know what that notice was? What's it called? REER - Real Effective Exchange Rate. They gave the real effective exchange rate today? No but they said that they have one. Wow. I like it a lot.
6-21-2020 Newshound Guru Kaperoni Only when Iraq passes laws and creates the conditions for foreign investors to come will the Central Bank be in a position to improve the value of the dinar via a float as the economy grows.
6-21-2020 Newshound/Intel Guru Mnt Goat Article: "AL-TAMIMI WARNS OF MAJOR FINANCIAL CORRUPTION DURING THE NEXT 6 MONTHS" Quote: "The Information", that "not approving the budget will lead to the loss of a lot of money, AS THERE ARE NO ACCOUNTS FOR WHAT GOES INTO THE TREASURY AND WHAT COMES OUT OF IT." You can bet that there will be no reinstatement under these conditions as the funds would not be safe if they did decide to put the dinar back on the trading platforms. We do know however they fully intend to do this soon but when? Again I am telling everyone to RV the currency under these conditions is not going to solve all of their problems, and in fact may only make them worst.
6-21-2020 Newshound Guru MilitiaMan The World Bank is going to manage Iraq's exchange rate into the future. At least that's what they said they were going to do. Because why? They have an agreement with the CBI...it specifically says they have an understanding and an agreement...for them to manage the exchange rate means they're going to change it.
6-21-2020 Intel/Newshound Guru Frank26 This is amazing. IMO they gave them notice today [Friday] to the citizens. Actually to the international world. On a holiday. Do you know what that notice was? What's it called? REER - Real Effective Exchange Rate. They gave the real effective exchange rate today? No but they said that they have one. Wow. I like it a lot.
6-21-2020 Newshound Guru Kaperoni Only when Iraq passes laws and creates the conditions for foreign investors to come will the Central Bank be in a position to improve the value of the dinar via a float as the economy grows.
6-21-2020 Newshound/Intel Guru Mnt Goat Article: "AL-TAMIMI WARNS OF MAJOR FINANCIAL CORRUPTION DURING THE NEXT 6 MONTHS" Quote: "The Information", that "not approving the budget will lead to the loss of a lot of money, AS THERE ARE NO ACCOUNTS FOR WHAT GOES INTO THE TREASURY AND WHAT COMES OUT OF IT." You can bet that there will be no reinstatement under these conditions as the funds would not be safe if they did decide to put the dinar back on the trading platforms. We do know however they fully intend to do this soon but when? Again I am telling everyone to RV the currency under these conditions is not going to solve all of their problems, and in fact may only make them worst.
6-20-2020 Intel/Newshound Guru Frank26 ...the citizens know very well what's going on...the lava flow of preparing the banking system to go international - done. The lava flow to explain to the citizens has been accomplished pretty good but it will continue long after they raise the value of the currency. Now the lava flow is spilling out around the borders and the international world already knows this...the lava flow which is unstoppable is now at the point now that the United States got involved...
6-20-2020 Newshound Guru MilitiaMan ...Alak just said, "We have a new price." As in past tense. That's fascinating because he's already got it ready. It's ready to go. I think the other thing he's going to come back to tell you is "when". And how does he tell you when? ...The central bank, I don't care who you are they're not gonna come out and say we're revaluing our currency tomorrow at xyz. At such and such a time. They're not going to do that...the central bank is not in the business of telling you exactly what they're going to do...they do give you a guidance...and that's what they're doing here. They're being very very careful...
6-20-2020 Intel Guru Footforward ...we need to see all the things that are lining up. All the boxes that are being checked off. How things have shifted. How things are coming together...I believe this is absolutely going to happen. That's my opinion...
6-20-2020 Newshound Guru Jeff ...they had these meetings with the Kazemi government and the U.S. government - The Strategic Dialogue. When you look at what's being discussed at these meetings - they've already told us it's investment, finance and really it's long term relations and business opportunities with Iraq. Those are post rate change steps. What they are doing is setting the stage between Iraq and the US to redirect from securing Iraq more towards having business relations with Iraq. It's transitioning but again it's post rate change...now they're saying they're going to send a Kazemi delegation to Washington in the U.S. IMO I firmly believe that Kazemi would be going there after the rate change...
6-20-2020 Intel/Newshound Guru Frank26 ...the citizens know very well what's going on...the lava flow of preparing the banking system to go international - done. The lava flow to explain to the citizens has been accomplished pretty good but it will continue long after they raise the value of the currency. Now the lava flow is spilling out around the borders and the international world already knows this...the lava flow which is unstoppable is now at the point now that the United States got involved...
6-20-2020 Intel Guru Bruce [via WiserNow] ...this is a very important week – and we’ve heard some specifics about tomorrow [Friday] – they say tomorrow will be very – very – very – very – very – very – very good for us...I’ve got to tell you – banks – and I know specifically Wells Fargo is having a conference call tomorrow morning...Now – that is a call that is mandatory and during that call they should tell employees that are on the call tomorrow whether our release for our appointments to be set – whether our 800 number release is coming out either Monday or Tuesday... a very small percentage of appointments...were set for Tuesday already...Now that is what I’m hearing – this is not me calling it – this is me telling you what I’ve heard from extremely good sources...
6-20-2020 Newshound Guru MilitiaMan Article: "Al-Alaq: The devaluation of the dinar should not be the first line of defense to confront the financial crisis" Quote: "...in addition to the supplies and materials imported by the government, such as oil derivatives, ration materials, etc., the net of this amount hits the new price of the dinar...” They are not talking about devaluation. They are talking valuation. WOW!! Get ready... Alak is talking on a FRIDAY!!! Whooo whoooo. imo...This is HUGE!! imo ~ ALAK talked on the holy day... think about it...
6-20-2020 Newshound Guru MilitiaMan ...Alak just said, "We have a new price." As in past tense. That's fascinating because he's already got it ready. It's ready to go. I think the other thing he's going to come back to tell you is "when". And how does he tell you when? ...The central bank, I don't care who you are they're not gonna come out and say we're revaluing our currency tomorrow at xyz. At such and such a time. They're not going to do that...the central bank is not in the business of telling you exactly what they're going to do...they do give you a guidance...and that's what they're doing here. They're being very very careful...
6-20-2020 Intel Guru Footforward ...we need to see all the things that are lining up. All the boxes that are being checked off. How things have shifted. How things are coming together...I believe this is absolutely going to happen. That's my opinion...
6-20-2020 Newshound Guru Jeff ...they had these meetings with the Kazemi government and the U.S. government - The Strategic Dialogue. When you look at what's being discussed at these meetings - they've already told us it's investment, finance and really it's long term relations and business opportunities with Iraq. Those are post rate change steps. What they are doing is setting the stage between Iraq and the US to redirect from securing Iraq more towards having business relations with Iraq. It's transitioning but again it's post rate change...now they're saying they're going to send a Kazemi delegation to Washington in the U.S. IMO I firmly believe that Kazemi would be going there after the rate change...
6-20-2020 Intel/Newshound Guru Frank26 ...the citizens know very well what's going on...the lava flow of preparing the banking system to go international - done. The lava flow to explain to the citizens has been accomplished pretty good but it will continue long after they raise the value of the currency. Now the lava flow is spilling out around the borders and the international world already knows this...the lava flow which is unstoppable is now at the point now that the United States got involved...
6-20-2020 Intel Guru Bruce [via WiserNow] ...this is a very important week – and we’ve heard some specifics about tomorrow [Friday] – they say tomorrow will be very – very – very – very – very – very – very good for us...I’ve got to tell you – banks – and I know specifically Wells Fargo is having a conference call tomorrow morning...Now – that is a call that is mandatory and during that call they should tell employees that are on the call tomorrow whether our release for our appointments to be set – whether our 800 number release is coming out either Monday or Tuesday... a very small percentage of appointments...were set for Tuesday already...Now that is what I’m hearing – this is not me calling it – this is me telling you what I’ve heard from extremely good sources...
6-20-2020 Newshound Guru MilitiaMan Article: "Al-Alaq: The devaluation of the dinar should not be the first line of defense to confront the financial crisis" Quote: "...in addition to the supplies and materials imported by the government, such as oil derivatives, ration materials, etc., the net of this amount hits the new price of the dinar...” They are not talking about devaluation. They are talking valuation. WOW!! Get ready... Alak is talking on a FRIDAY!!! Whooo whoooo. imo...This is HUGE!! imo ~ ALAK talked on the holy day... think about it...
6-17-2020 *** Dinar Guru News FLASH *** [Iraq Finance Expo News] The Central Bank of Iraq, The Ministry of Finance and the Government of Iraq are hosting a big conference next week - The Iraq Finance Expo. And guess what? You can attend! It's online. It begins Monday June 22 and last 3 days (22nd, 23rd and 24th). The agenda appears to be big on dinar. It includes "The CBI's strategy to increase money supply in the local Iraqi economy" - Day 1. "Iraq's monetary policy objectives to restore rapid economic growth." -Day 1. "The Future of Iraq's Banking & Finance Sectors" - Keynote Day 2. Obviously lots of banking and currency talk. You can get tickets and learn more here . Stay tuned as the gurus chime in on the importance of this conference as we lead up to next Monday. The latest guru posts will continue below...
6-19-2020 Newshound Guru Jeff Let's look at the facts. Iraq is putting out a crazy amount of economic articles now that they have finished the formation of the government. That's not coincidence guys. They're telling you they're close to changing the rate...if they had intentions of changing the rate in the Month of June then IMO they would have only extended Alak through the end of June. They didn't. They extended Alak through July 15th. That to me removed June from the equation and walks us into the first half of July...IMO they're keeping him in there long enough to commission and execute the rate exchange. Second. On or around July 15th you have Kazemi going to Washington. Why? For those strategic dialogue talks...those are about economic investment and long term relations between Iraq and the U.S. That's all post rate change items...IMO Kazemi is going to Washington after the rate has changed...
6-19-2020 Intel Guru MarkZ ...I had a number of bankers telling me yesterday that rates are bouncing all over the place. I took this as an excellent sign. One banker that I hadn’t talked to in months told me yesterday he thinks the currency reset is finally happening…he was very excited...Overall yesterday the news was fantastic.
6-19-2020 Intel Guru Footforward [Wheres your best guess on the VND?...] my opinion has been 5-10 cents and anything there or higher is a huge bonus.
6-19-2020 Newshound Guru Pimpy ...what's the one thing we're waiting for in order for the rate change to happen? I'm still sticking to my guns, I don't care what other people say...here's my opinion...Iraq has to prove Iraq can stand on their own. They have to believe that they deserve their sovereignty and when that happens they will have once again an internationally recognized currency and you will see that currency trade on the Forex. That's what the heck we want...One major step in achieving that goal would be it Al-Kazemi could figure out where the he'll the money [missing Iraq Treasury money] went and then hold all those people accountable...
6-19-2020 Newshound/Intel Guru Mnt Goat News from US banks in the last couple weeks has been very encouraging as they are telling us they are preparing for the reinstatement and the handling of people coming to exchange. I say this is good news since we have not had any cheerful news from the banks since October 2019. So something is at least being planned. Will it be finally executed and over soon?
6-19-2020 Newshound Guru Jeff ...right now the news is suggesting they might be rolling the rate change process possibly into the first half of July...
6-19-2020 Intel Guru Delta I DID READ THE DOCUMENTS IN ARABIC ...ALAQ WILL STAY AND WILL HAVE THE FULL POWER OF CBI... BUT ONLY UNTIL 07/15/20...THEY NEED HIM UNTIL RI IS DONE...SO IMO...RI SHOULD TAKE PLACE IN BETWEEN...AMAZING...GAME OVER...
6-19-2020 Intel Guru MarkZ ...I had a number of bankers telling me yesterday that rates are bouncing all over the place. I took this as an excellent sign. One banker that I hadn’t talked to in months told me yesterday he thinks the currency reset is finally happening…he was very excited...Overall yesterday the news was fantastic.
6-19-2020 Intel Guru Footforward [Wheres your best guess on the VND?...] my opinion has been 5-10 cents and anything there or higher is a huge bonus.
6-19-2020 Newshound Guru Pimpy ...what's the one thing we're waiting for in order for the rate change to happen? I'm still sticking to my guns, I don't care what other people say...here's my opinion...Iraq has to prove Iraq can stand on their own. They have to believe that they deserve their sovereignty and when that happens they will have once again an internationally recognized currency and you will see that currency trade on the Forex. That's what the heck we want...One major step in achieving that goal would be it Al-Kazemi could figure out where the he'll the money [missing Iraq Treasury money] went and then hold all those people accountable...
6-19-2020 Newshound/Intel Guru Mnt Goat News from US banks in the last couple weeks has been very encouraging as they are telling us they are preparing for the reinstatement and the handling of people coming to exchange. I say this is good news since we have not had any cheerful news from the banks since October 2019. So something is at least being planned. Will it be finally executed and over soon?
6-19-2020 Newshound Guru Jeff ...right now the news is suggesting they might be rolling the rate change process possibly into the first half of July...
6-19-2020 Intel Guru Delta I DID READ THE DOCUMENTS IN ARABIC ...ALAQ WILL STAY AND WILL HAVE THE FULL POWER OF CBI... BUT ONLY UNTIL 07/15/20...THEY NEED HIM UNTIL RI IS DONE...SO IMO...RI SHOULD TAKE PLACE IN BETWEEN...AMAZING...GAME OVER...
6-18-2020 Newshound/Intel Guru Mnt Goat My CBI contact is still telling me that they are moving towards the completing the “project to deleting the zeros” this year and sooner than later. Obviously, they are not going to give me exact dates. Other signs of what Iraq is up to tells us that movement is in the direction of the end of the month for something BIG. My expectation is the reinstatement of the dinar as this move it way overdue. I learned this week that Dr Shabibi was in fact at the Central Bank of Iraq working with them on the project to delete the zeros and mechanisms to roll it out.
6-18-2020 Newshound/Intel Guru RVAlready Article quote: "A directive was issued to all the banks in Iraq not to pay salaries this month until the income tax is applied at a later date." When your treasury is down to one day’s operating budget, it is time to do that RV. A no brainer if I ever saw one.
6-18-2020 Intel Guru RayRen98 A directive was issued to all the banks in Iraq not to pay salaries this month until the income tax is applied at a later date. Al-Kadhimi broadcast on Iraqi TV stating that a surprise is coming to the citizens in an effort to calm them. The citizens are mad about the decrease in their payments.
6-18-2020 Intel Guru MarkZ [via PDK] Well, even the bankers are getting ticked off and PO’d…Bankers in Zurich are very upset today…they are still in position and being told to “sit tight”. They are told today is the day...to get in place…just to see nothing…no movement… I still think it will happen before the election… This reset is necessary and inevitable…I still believe it will 100% happen. The question is just “when”.
6-18-2020 Intel Guru Bruce [via WiserNow] ...If you have currencies...let’s say you have dinar and dong – and you have the exchange that takes place – when you exchange those currencies – it’s a non taxable event – how many years have I been saying that? 9 years – I am in my 16th year – but when you do that exchange – you will have full access to all of that immediately – It’s good to have that confirmed – there’s no wait – no 26 hr wait – nothing like that – you should be able to have full access to your exchanged funds immediately... [Other gurus say this will be taxed as "ordinary income" others "capital gains" - Check with your tax professional at the appropriate time.]
6-18-2020 Newshound Guru Pimpy ...For those of you who live in New York, if you're trying to find a way to go buy dinar or buy Vietnam dong or any other currencies, if you live near the Trump Tower they obviously have a currency exchange center in the hotel. You could go to the hotel and buy Iraqi dinar. You can go in there and buy Vietnam dongs. You could go in there and buy other currency. It's right there inside the Trump Hotel. All you have to do is go right there where it says currency exchange. Go to the window with US dollars and buy other currencies...
6-18-2020 Intel Guru Footforward [Just curious as far what it will be worth after RV, will one Dinar be equivalent to one US Dollar?...] we may not know the exact rate until after the actual revaluation happens. My opinion is over $3 to the USD. But that's my opinion...
6-18-2020 Newshound/Intel Guru Mnt Goat Article: "FINANCE MINISTER ALI ALLAWI: WE WILL IMPLEMENT A PACKAGE OF REFORMS IN THE FINANCIAL AND BANKING SECTORS" Quote: “We will implement a package of reforms in the financial and banking sectors, and will restructure state-owned banks” says Deputy Prime Minister and Minister of Finance Ali Allawi as he lays out the broad outlines of the new reform program." Remember too the finance ministry now has control over the Currency auctions as they have taken them over from the CBI. This is all very good news.
6-18-2020 Intel Guru Bruce [via WiserNow] Now what is supposed to release is all new algorithms in place – all new rates on the screen and the Forex – and the bank screens...So that is what is looking good...You guys know that we never “call it”... I tell you what I’m hearing...whether it comes through as I’m speaking it or not is to be seen - but the information overall is very positive... Everything we’re hearing is pointing towards middle of the week...let’s see what happens – I’m pretty excited about the possibilities...
6-18-2020 Newshound/Intel Guru RVAlready Article quote: "A directive was issued to all the banks in Iraq not to pay salaries this month until the income tax is applied at a later date." When your treasury is down to one day’s operating budget, it is time to do that RV. A no brainer if I ever saw one.
6-18-2020 Intel Guru RayRen98 A directive was issued to all the banks in Iraq not to pay salaries this month until the income tax is applied at a later date. Al-Kadhimi broadcast on Iraqi TV stating that a surprise is coming to the citizens in an effort to calm them. The citizens are mad about the decrease in their payments.
6-18-2020 Intel Guru MarkZ [via PDK] Well, even the bankers are getting ticked off and PO’d…Bankers in Zurich are very upset today…they are still in position and being told to “sit tight”. They are told today is the day...to get in place…just to see nothing…no movement… I still think it will happen before the election… This reset is necessary and inevitable…I still believe it will 100% happen. The question is just “when”.
6-18-2020 Intel Guru Bruce [via WiserNow] ...If you have currencies...let’s say you have dinar and dong – and you have the exchange that takes place – when you exchange those currencies – it’s a non taxable event – how many years have I been saying that? 9 years – I am in my 16th year – but when you do that exchange – you will have full access to all of that immediately – It’s good to have that confirmed – there’s no wait – no 26 hr wait – nothing like that – you should be able to have full access to your exchanged funds immediately... [Other gurus say this will be taxed as "ordinary income" others "capital gains" - Check with your tax professional at the appropriate time.]
6-18-2020 Newshound Guru Pimpy ...For those of you who live in New York, if you're trying to find a way to go buy dinar or buy Vietnam dong or any other currencies, if you live near the Trump Tower they obviously have a currency exchange center in the hotel. You could go to the hotel and buy Iraqi dinar. You can go in there and buy Vietnam dongs. You could go in there and buy other currency. It's right there inside the Trump Hotel. All you have to do is go right there where it says currency exchange. Go to the window with US dollars and buy other currencies...
6-18-2020 Intel Guru Footforward [Just curious as far what it will be worth after RV, will one Dinar be equivalent to one US Dollar?...] we may not know the exact rate until after the actual revaluation happens. My opinion is over $3 to the USD. But that's my opinion...
6-18-2020 Newshound/Intel Guru Mnt Goat Article: "FINANCE MINISTER ALI ALLAWI: WE WILL IMPLEMENT A PACKAGE OF REFORMS IN THE FINANCIAL AND BANKING SECTORS" Quote: “We will implement a package of reforms in the financial and banking sectors, and will restructure state-owned banks” says Deputy Prime Minister and Minister of Finance Ali Allawi as he lays out the broad outlines of the new reform program." Remember too the finance ministry now has control over the Currency auctions as they have taken them over from the CBI. This is all very good news.
6-18-2020 Intel Guru Bruce [via WiserNow] Now what is supposed to release is all new algorithms in place – all new rates on the screen and the Forex – and the bank screens...So that is what is looking good...You guys know that we never “call it”... I tell you what I’m hearing...whether it comes through as I’m speaking it or not is to be seen - but the information overall is very positive... Everything we’re hearing is pointing towards middle of the week...let’s see what happens – I’m pretty excited about the possibilities...
6-17-2020 Intel Guru MarkZ [via PDK] ...I have a number of bankers from Zurich to Hong Kong that are expecting it overnight…they believe this is it…I have not seen them this hyped up in a very long time.
6-17-2020 Newshound Guru Pimpy If you live next to an International airport, most likely that airport will have a currency exchange center. You can go there and buy your currency there...just Google it...I think there's a lot of speculators in here right now that are all anticipating the same thing we are. That we are very close to the rate change getting ready to take place therefore you can't find it hardly nowhere... [When buying currency confirm the date they will ship your dinar and if they have the dinar on hand.] [post 2 of 2]
6-17-2020 Newshound Guru Pimpy ...a lot of people are coming to me saying, "Everywhere we go right now it's really hard to find Iraqi dinar." ...Do not buy the ones with Saddam Hussein on there. Do not buy the Swiss dinar...This is something very interesting I'm seeing happening a lot...This is XXXX [Dinar Dealer site]...when you go down here and you select your currency...there's a problem...they are out of stock of Iraq dinar. They have zero. None. None whatsoever. People are complaining...ZZZZZ [Another Dinar Dealer] has not sent a lot of people's orders. They are way behind. They keep saying they're going to send them and they still have not sent their orders...be very careful about who you're dealing with... [post 1 of 2....stay tuned]
6-17-2020 Newshound Guru Adam Montana The OPEC production cut agreement has made a significant impact on oil and it's place in the world economy. Or, you could say the world economy and the price of oil - they are intertwined. As we move forward in 2020, this is a significant factor in Iraq's ability to increase the value of their financial tools... and we are on the right path. ...Kazzamie is kicking butt. Seriously - I have a list of over a dozen articles that I love from just the last few days. The only thing we are missing right now is the HCL. And even that "smells" close. [post 2 of 2]
6-17-2020 Newshound Guru Adam Montana Yes, I'm a bit excited... OIL - Oil is a big deal. WTI is stable at just under $40. The previous Iraqi Budget was published at an expected rate higher than $40, and throughout 2019 the price of Oil never quite hit the mark they established for it, yet Iraq was able to sustain operations even at the lower price. Even more impressive is the fact that when Oil went to negative rates recently, Iraq didn't crumble. They survived. And even more impressive than that is... Article: "Is OPEC’s No.2 Finally Complying With Output Cuts?" Quote: "OPEC’s second-largest producer, Iraq, which also happens to be the least compliant member of OPEC+ since the group started managing supply to the market in 2017, may have finally started taking its obligations seriously." Oil, and Iraq, is on the move. [post 1 of 2....stay tuned]
6-17-2020 Newshound Guru MilitiaMan They just told us the other day that a POSITIVE SHOCK was coming to the citizens and foreigners (us). That was in respect to the their currency, imo... Raising the value of the currency will benefit the locals and us outside investors. Now they are telling the citizens that a surprise is coming to their value of the Central Bank, i.e., their currency is to have new value. Their currency auction window is where it will be reflected. The surprise is a rate change to come... A surprise is a good thing. A Positive Shock is a good thing...they last night started telling them on TV that surprise was coming then they published it in writing...They will have to move fast now...WOW!!
6-17-2020 Newshound Guru Pimpy ...there's a lot happening still now but what it all comes down to is this - taking the steps necessary to rebuild Iraq. Make sure they're an independent sovereign nation all over again with an internationally recognized currency that is traded on the Forex...
6-17-2020 Intel Guru MarkZ [via PDK] I am told that Vietnam is planning a street release of .47 to .50 cents…with a contract rate of around $2. They are sitting on a whole lot of oil reserves and precious minerals...
6-17-2020 Newshound/Intel Guru Mnt Goat Article: "AFTER COMING UNDER HEAVY CRITICISM … THE CENTRAL BANK STOPS THE CURRENCY AUCTION" ...this article does NOT say the currency auctions were stopped. Again a translation issue from Arabic to English. It only makes reference that CBI governor has “UNJUSTIFIED INSISTENCE TO PROCEED WITH THE FOREIGN CURRENCY AUCTION WINDOW DESPITE ALL THE LOSSES AND RISKS INCURRED BY THE ECONOMY IRAQI.”. ...If you go to the CBI site you will witness first hand that the auctions DID NOT in fact end. So this too is more proof. ...This means the CBI was incompetent in the administration of the auctions. This should be the CBI’s responsibility and NOT finance committee...Now there is talk today too about wanting to bringing back Mr. Sinan al-Shabibi to the CBI... Article: "MR. AL-KAZEMI: RESTORING CONSIDERATION TO MR. SINAN AL-SHABIBI TO HEAD CBI". This is of course, fantastic news, even to talk about it nonetheless do it. Let’s see...if al-Kazemi is really going to do it as he has the power...Will this happen?
6-17-2020 Intel Guru Delta ...we know something is up. The value has to change. It's no secret anymore. Of course we don't know the exact date but it looks like we're on the verge of seeing something happen...all good news in Iraq. We're just waiting for them to flip the switch...
6-17-2020 Newshound Guru Pimpy If you live next to an International airport, most likely that airport will have a currency exchange center. You can go there and buy your currency there...just Google it...I think there's a lot of speculators in here right now that are all anticipating the same thing we are. That we are very close to the rate change getting ready to take place therefore you can't find it hardly nowhere... [When buying currency confirm the date they will ship your dinar and if they have the dinar on hand.] [post 2 of 2]
6-17-2020 Newshound Guru Pimpy ...a lot of people are coming to me saying, "Everywhere we go right now it's really hard to find Iraqi dinar." ...Do not buy the ones with Saddam Hussein on there. Do not buy the Swiss dinar...This is something very interesting I'm seeing happening a lot...This is XXXX [Dinar Dealer site]...when you go down here and you select your currency...there's a problem...they are out of stock of Iraq dinar. They have zero. None. None whatsoever. People are complaining...ZZZZZ [Another Dinar Dealer] has not sent a lot of people's orders. They are way behind. They keep saying they're going to send them and they still have not sent their orders...be very careful about who you're dealing with... [post 1 of 2....stay tuned]
6-17-2020 Newshound Guru Adam Montana The OPEC production cut agreement has made a significant impact on oil and it's place in the world economy. Or, you could say the world economy and the price of oil - they are intertwined. As we move forward in 2020, this is a significant factor in Iraq's ability to increase the value of their financial tools... and we are on the right path. ...Kazzamie is kicking butt. Seriously - I have a list of over a dozen articles that I love from just the last few days. The only thing we are missing right now is the HCL. And even that "smells" close. [post 2 of 2]
6-17-2020 Newshound Guru Adam Montana Yes, I'm a bit excited... OIL - Oil is a big deal. WTI is stable at just under $40. The previous Iraqi Budget was published at an expected rate higher than $40, and throughout 2019 the price of Oil never quite hit the mark they established for it, yet Iraq was able to sustain operations even at the lower price. Even more impressive is the fact that when Oil went to negative rates recently, Iraq didn't crumble. They survived. And even more impressive than that is... Article: "Is OPEC’s No.2 Finally Complying With Output Cuts?" Quote: "OPEC’s second-largest producer, Iraq, which also happens to be the least compliant member of OPEC+ since the group started managing supply to the market in 2017, may have finally started taking its obligations seriously." Oil, and Iraq, is on the move. [post 1 of 2....stay tuned]
6-17-2020 Newshound Guru MilitiaMan They just told us the other day that a POSITIVE SHOCK was coming to the citizens and foreigners (us). That was in respect to the their currency, imo... Raising the value of the currency will benefit the locals and us outside investors. Now they are telling the citizens that a surprise is coming to their value of the Central Bank, i.e., their currency is to have new value. Their currency auction window is where it will be reflected. The surprise is a rate change to come... A surprise is a good thing. A Positive Shock is a good thing...they last night started telling them on TV that surprise was coming then they published it in writing...They will have to move fast now...WOW!!
6-17-2020 Newshound Guru Pimpy ...there's a lot happening still now but what it all comes down to is this - taking the steps necessary to rebuild Iraq. Make sure they're an independent sovereign nation all over again with an internationally recognized currency that is traded on the Forex...
6-17-2020 Intel Guru MarkZ [via PDK] I am told that Vietnam is planning a street release of .47 to .50 cents…with a contract rate of around $2. They are sitting on a whole lot of oil reserves and precious minerals...
6-17-2020 Newshound/Intel Guru Mnt Goat Article: "AFTER COMING UNDER HEAVY CRITICISM … THE CENTRAL BANK STOPS THE CURRENCY AUCTION" ...this article does NOT say the currency auctions were stopped. Again a translation issue from Arabic to English. It only makes reference that CBI governor has “UNJUSTIFIED INSISTENCE TO PROCEED WITH THE FOREIGN CURRENCY AUCTION WINDOW DESPITE ALL THE LOSSES AND RISKS INCURRED BY THE ECONOMY IRAQI.”. ...If you go to the CBI site you will witness first hand that the auctions DID NOT in fact end. So this too is more proof. ...This means the CBI was incompetent in the administration of the auctions. This should be the CBI’s responsibility and NOT finance committee...Now there is talk today too about wanting to bringing back Mr. Sinan al-Shabibi to the CBI... Article: "MR. AL-KAZEMI: RESTORING CONSIDERATION TO MR. SINAN AL-SHABIBI TO HEAD CBI". This is of course, fantastic news, even to talk about it nonetheless do it. Let’s see...if al-Kazemi is really going to do it as he has the power...Will this happen?
6-17-2020 Intel Guru Delta ...we know something is up. The value has to change. It's no secret anymore. Of course we don't know the exact date but it looks like we're on the verge of seeing something happen...all good news in Iraq. We're just waiting for them to flip the switch...
6-16-2020 Intel Guru Frank26 The central bank of Iraq is talking to the citizens and explaining what they're doing with the GOI (the government of Iraq)...a new plan is being prepared and will be presented to the government..."we've got a new exchange rate and a new currency", says the CBI, "and we're going to throw that fast ball to you GOI because you need it for the budget to run the country." [Post 2 of 2]
6-16-2020 Intel Guru Frank26 ...The Central Bank of Iraq is going through the process of the monetary reform for the currency and they made it very clear there isn't anymore hiding - Anymore innuendos - Anymore hoping to see the evidence ...they are talking about the new small category notes - A change in their exchange rate - A rate of 1 to 1. Yeah, a lot of things. Today, it turns out the trickling of the information that's going down to the citizens is continuing... [Post 1 of 2....stay tuned]
6-16-2020 Intel Guru MarkZ [via PDK] [...who would say they received funds if they signed a NDA?] I have heard specifically that on the NDA’s you can still say you have exchanged…but you will not be able to talk about any specifics like how much etc…
6-16-2020 Newshound/Intel Guru Mnt Goat ...the CBI has told me many times already in the past that; when they get serious and ready to delete the zeros, roll out the lower denominations which will lead to the reinstatement, they will let the citizens know and educate them. So far, they have kept their promise and each time they got close they began the education process...the CBI and/or Finance Committee is way overdue for a public news announcement (if even just a brief update) on this subject matter. I think we may see things kick into high gear once the budget comes out and they begin the reforms. We will probably get an update at this point in time...
6-16-2020 Newshound Guru Pimpy ...there's a lot of things happening in Iraq and it's happening all at one time. I know what you're saying, 'When? When? When?' We don't know but it looks like it's definitely gonna happen this year for sure...
6-16-2020 Intel Guru MarkZ [via PDK] Regarding all the rumors and intel on the Dinar boards...i am not seeing that same movement …Until someone I know actually has spendable dollars…imo…it hasn’t gone yet. I am not hearing from any of my contacts that is was “today” though. Yes Isaac has big expectations of a release today…but based on what I hear from Zurich…he may be waiting another day or so. I do have some great African contacts…from Ethiopia and Somalia…and they are all talking about the impending “reset”. That news is being talked about openly and on the streets over there. In Zimbabwe they are openly talking about it and it’s a common conversation in Iraq, Indonesia, Vietnam and India…Many countries worldwide are talking about a reset.
6-16-2020 Newshound/Intel Guru Mnt Goat So, today’s news is all about the currency auctions and the finance ministry under the minister Ali Allawi wanting to implement a package of financial and banking reforms. Still Iraq has not secured the $5 billion needed to pay the June salaries...It does seem something BIG is being lined up for the end of June as many issues seem to merge towards that time period. This may just be a matter of when Iraq finally meets its demise. But still we have not yet heard OPENLY in the news from the CBI or the Finance ministry on the “project to delete the zeros”...I do know for a FACT that Iraq is looking seriously for a new [CBI] governor that al-Kazemi will appoint...So we wait to see who he selects. ...Meantime the auctions have been taken out of the direct supervision of the CBI and are now supervised by the Finance Ministry. This is...FACT!
6-16-2020 Newshound Guru Pimpy ...I'm going to be attending all 3 days [of the IF-EXPO]...I'm going to share the information with you. I highly anticipate the discussion of the Iraqi dinar exchange rate in these meetings. I can't imagine any way around it. That's one of the biggest topics that would be discussed in regards to their budget, their future and purchasing power they're gonna need to be on the international scene. Also what they need to talk about is their sovereignty which is really big. These are the things I'll be looking for and there should be a lot of great information coming out of this meeting so it looks like Monday, Tuesday and Wednesday I'm gonna...go ahead and watch these bad boys and report to you as it's going on.
6-16-2020 Intel Guru Footforward ...my opinion...I think the dinar may be higher then I've originally thought...My opinion is the dong may go in June and the dinar in July.
6-16-2020 Intel Guru Frank26 ...The Central Bank of Iraq is going through the process of the monetary reform for the currency and they made it very clear there isn't anymore hiding - Anymore innuendos - Anymore hoping to see the evidence ...they are talking about the new small category notes - A change in their exchange rate - A rate of 1 to 1. Yeah, a lot of things. Today, it turns out the trickling of the information that's going down to the citizens is continuing... [Post 1 of 2....stay tuned]
6-16-2020 Intel Guru MarkZ [via PDK] [...who would say they received funds if they signed a NDA?] I have heard specifically that on the NDA’s you can still say you have exchanged…but you will not be able to talk about any specifics like how much etc…
6-16-2020 Newshound/Intel Guru Mnt Goat ...the CBI has told me many times already in the past that; when they get serious and ready to delete the zeros, roll out the lower denominations which will lead to the reinstatement, they will let the citizens know and educate them. So far, they have kept their promise and each time they got close they began the education process...the CBI and/or Finance Committee is way overdue for a public news announcement (if even just a brief update) on this subject matter. I think we may see things kick into high gear once the budget comes out and they begin the reforms. We will probably get an update at this point in time...
6-16-2020 Newshound Guru Pimpy ...there's a lot of things happening in Iraq and it's happening all at one time. I know what you're saying, 'When? When? When?' We don't know but it looks like it's definitely gonna happen this year for sure...
6-16-2020 Intel Guru MarkZ [via PDK] Regarding all the rumors and intel on the Dinar boards...i am not seeing that same movement …Until someone I know actually has spendable dollars…imo…it hasn’t gone yet. I am not hearing from any of my contacts that is was “today” though. Yes Isaac has big expectations of a release today…but based on what I hear from Zurich…he may be waiting another day or so. I do have some great African contacts…from Ethiopia and Somalia…and they are all talking about the impending “reset”. That news is being talked about openly and on the streets over there. In Zimbabwe they are openly talking about it and it’s a common conversation in Iraq, Indonesia, Vietnam and India…Many countries worldwide are talking about a reset.
6-16-2020 Newshound/Intel Guru Mnt Goat So, today’s news is all about the currency auctions and the finance ministry under the minister Ali Allawi wanting to implement a package of financial and banking reforms. Still Iraq has not secured the $5 billion needed to pay the June salaries...It does seem something BIG is being lined up for the end of June as many issues seem to merge towards that time period. This may just be a matter of when Iraq finally meets its demise. But still we have not yet heard OPENLY in the news from the CBI or the Finance ministry on the “project to delete the zeros”...I do know for a FACT that Iraq is looking seriously for a new [CBI] governor that al-Kazemi will appoint...So we wait to see who he selects. ...Meantime the auctions have been taken out of the direct supervision of the CBI and are now supervised by the Finance Ministry. This is...FACT!
6-16-2020 Newshound Guru Pimpy ...I'm going to be attending all 3 days [of the IF-EXPO]...I'm going to share the information with you. I highly anticipate the discussion of the Iraqi dinar exchange rate in these meetings. I can't imagine any way around it. That's one of the biggest topics that would be discussed in regards to their budget, their future and purchasing power they're gonna need to be on the international scene. Also what they need to talk about is their sovereignty which is really big. These are the things I'll be looking for and there should be a lot of great information coming out of this meeting so it looks like Monday, Tuesday and Wednesday I'm gonna...go ahead and watch these bad boys and report to you as it's going on.
6-16-2020 Intel Guru Footforward ...my opinion...I think the dinar may be higher then I've originally thought...My opinion is the dong may go in June and the dinar in July.
6-15-2020 Intel Guru Footforward [I’m reading that people and commenting that auctions restarted in Iraq today? I think Frank [Guru Frank26] had said they stopped? Any thoughts?] ...Pompeo told them to get this done right away. And then he told them the US would give them whatever money they need. If the auctions have started again, it's because they need money. I don't think this will be a long term thing. I still believe and it's my opinion this is the time and season for revaluations. They aren't doing this to stop the RV. They are doing this to survive until the RV happens. If Iraq is doing something that the US isn't in absolute agreement with, then the US would put crippling sanctions on Iraq.
6-15-2020 Newshound/Intel Guru BGG [reference Dinar Guru Update: 6-14-2020] This current scenario, IMHO, has purely to do with basic supply and demand principles. There has never been any reliable “pipeline supply” of Dinar from the Middle East to the U.S. This was always a silly thought. The Buy/Sell market here in the U.S. has always had some level of parity between buyers and sellers. Currently there is no such parity.
6-15-2020 Intel Guru MarkZ [via PDK] No big news over the weekend…I am hearing from Reno that they are positioning for tonight. ...there are a number of HSBC appointments scheduled for early tomorrow in both Asia and Zurich. So hopefully we are about to see things roll out. Internationally speaking, HSBC have a number of, what should be, dollars and exchanges scheduled for tomorrow. Trump said GCR will be $1.00 across the WORLD! Everything on parity…that is the plan. That is why we have been told we will RV first…then reset. Meaning that if we get $4.00 per dinar (example) We would exchange and then shortly after it would reset into the GCR and parity of 1 to 1.
6-15-2020 Newshound Guru Kaperoni Article: "US wants to encourage American investment in Iraq: State Department spokesperson" Quote: "ERBIL, Kurdistan Region — The US wants to foster American economic investment in Iraq, US State Department spokesperson Morgan Ortagus told Rudaw on Friday."
6-15-2020 Intel Guru Footforward [next week from Monday Iraq has their expo conference. You think they would have their stuff together by then to show their currency?] It would make sense. But the only ones going to that are the ones who know Iraq had a future. [...like frank [Guru Frank26] said...there had to already been arrangements with their currency by now if they were coming. He mentioned over 150 countries were there already. I think the rate has changed behind the scenes, just not publicly yet.] these countries definitely know what's going on. But...They can't have two different rates...They have been doing contracts based on a revalued dinar. But even those are really no good until they RV. And that has to be public and in the open. International rate. [Can’t have foreign investors come into your country unless they go international! Can’t go international unless they revalue!] absolutely!
6-15-2020 Newshound Guru Jeff ...you've seen some of the best news that you ever have just in the past month - month and a half...there were two delays. They completed one. Two weekends ago they finished the formation of the government...They are finishing the last delay this week of June 17th. This is the budget agreement between Baghdad and Erbil...they're gonna finish that this week...they want to get everything done before the period of June 21st so they could actually...RV over June 21st...it's as clear as day now...they're pretty much telling you they want to change the rate most likely over the weekend of June 21st...
6-15-2020 Newshound Guru MilitiaMan ...There is an urgency to bring in the new. There are many articles referencing the “new”. New PM, new reforms, new holding company, new small category notes, new e-commerce, new e-government, etc.. imo...The information to date is extremely powerful, as it shows they are doing now what they have been trying to do for many years, as noted by the letter fron Nasserry to the new PM, just this time they are listening to the road map alternatives, and are seriously on the path to go live with the new social market economy.. imo Wow... [post 2 of 2]
6-15-2020 Newshound Guru MilitiaMan Article: "Al-Shami provides a set of economic solutions that enhance production and services" They are literally telling us they are going to a market economy. They have been hammering it home for months now... But, now they are not only talking about it they are doing it...It is my belief they are telling us that a correction from the previous economic platform is required and that the correction will regain the lost confidence. ...They even mention not only will local investors gain, so will foreigners...By raising the value of their stock exchange by increasing their exchange rate will be a positive shock. One where we all should agree is to be a good thing...! [post 1 of 2....stay tuned]
6-15-2020 Newshound/Intel Guru BGG [reference Dinar Guru Update: 6-14-2020] This current scenario, IMHO, has purely to do with basic supply and demand principles. There has never been any reliable “pipeline supply” of Dinar from the Middle East to the U.S. This was always a silly thought. The Buy/Sell market here in the U.S. has always had some level of parity between buyers and sellers. Currently there is no such parity.
6-15-2020 Intel Guru MarkZ [via PDK] No big news over the weekend…I am hearing from Reno that they are positioning for tonight. ...there are a number of HSBC appointments scheduled for early tomorrow in both Asia and Zurich. So hopefully we are about to see things roll out. Internationally speaking, HSBC have a number of, what should be, dollars and exchanges scheduled for tomorrow. Trump said GCR will be $1.00 across the WORLD! Everything on parity…that is the plan. That is why we have been told we will RV first…then reset. Meaning that if we get $4.00 per dinar (example) We would exchange and then shortly after it would reset into the GCR and parity of 1 to 1.
6-15-2020 Newshound Guru Kaperoni Article: "US wants to encourage American investment in Iraq: State Department spokesperson" Quote: "ERBIL, Kurdistan Region — The US wants to foster American economic investment in Iraq, US State Department spokesperson Morgan Ortagus told Rudaw on Friday."
6-15-2020 Intel Guru Footforward [next week from Monday Iraq has their expo conference. You think they would have their stuff together by then to show their currency?] It would make sense. But the only ones going to that are the ones who know Iraq had a future. [...like frank [Guru Frank26] said...there had to already been arrangements with their currency by now if they were coming. He mentioned over 150 countries were there already. I think the rate has changed behind the scenes, just not publicly yet.] these countries definitely know what's going on. But...They can't have two different rates...They have been doing contracts based on a revalued dinar. But even those are really no good until they RV. And that has to be public and in the open. International rate. [Can’t have foreign investors come into your country unless they go international! Can’t go international unless they revalue!] absolutely!
6-15-2020 Newshound Guru Jeff ...you've seen some of the best news that you ever have just in the past month - month and a half...there were two delays. They completed one. Two weekends ago they finished the formation of the government...They are finishing the last delay this week of June 17th. This is the budget agreement between Baghdad and Erbil...they're gonna finish that this week...they want to get everything done before the period of June 21st so they could actually...RV over June 21st...it's as clear as day now...they're pretty much telling you they want to change the rate most likely over the weekend of June 21st...
6-15-2020 Newshound Guru MilitiaMan ...There is an urgency to bring in the new. There are many articles referencing the “new”. New PM, new reforms, new holding company, new small category notes, new e-commerce, new e-government, etc.. imo...The information to date is extremely powerful, as it shows they are doing now what they have been trying to do for many years, as noted by the letter fron Nasserry to the new PM, just this time they are listening to the road map alternatives, and are seriously on the path to go live with the new social market economy.. imo Wow... [post 2 of 2]
6-15-2020 Newshound Guru MilitiaMan Article: "Al-Shami provides a set of economic solutions that enhance production and services" They are literally telling us they are going to a market economy. They have been hammering it home for months now... But, now they are not only talking about it they are doing it...It is my belief they are telling us that a correction from the previous economic platform is required and that the correction will regain the lost confidence. ...They even mention not only will local investors gain, so will foreigners...By raising the value of their stock exchange by increasing their exchange rate will be a positive shock. One where we all should agree is to be a good thing...! [post 1 of 2....stay tuned]
6-14-2020 *** Dinar Guru Update *** Reports are coming in from Dinar Guru members that some large currency brokers are out of dinar stock. I made a pass through several dealer sites - some are showing they have dinar for sale, some are showing they're out. Buyer Beware - It appears some dealers are completing sales without actually having the currency on hand. Wait times for orders have been as long as four weeks. Some of the delays are Corona related. If you want your dinar right away be sure to confirm ship times with the dealer. Last I heard Citi Bank was still selling dinar. It seems there's been a disruption to the supply of dinar to the dealers...why? We don't know. Is it the auctions? Is it the borders? Is it a long-term issue? Is supply drying up? Stay tuned as the gurus chime in on what's happening with the dinar. The latest guru reports will continue below...
6-12-2020 Newshound/Intel Guru RVAlready With Iraq in miserable economic shape, I think the RV will be sooner than later. I would think that October would be pretty disastrous for them.
6-12-2020 Intel Guru MarkZ [via PDK] [...I have Personally confirmed that Chase, BoA and TravelEx are not Selling or Buying Back VND at this Time!] This really should tell us a lot!!
6-12-2020 Intel Guru Mike Cottrell I believe Trump will not let the RV go until after the election….I do not see any other way this could happen.
6-12-2020 Newshound Guru Pimpy ...we are already done with round 1 [U.S. - Iraq - U.N meeting]. Round 2 happens in July [In Washington]. I know a lot of you out there going, 'What does that mean? They kicking the can down the road?" We don't know yet. All that matters in which you should be focusing on - we're probably closer now that ever before...there is a lot going on in a very short period of time.
6-12-2020 Newshound/Intel Guru Mnt Goat Today’s dinar news is all about the ongoing saga of how will Iraq find the necessary funding to pay the June salaries. The pressure is enormous as simply put; they do not have the oil revenues sufficient to pay these salaries (about 4-5 billion US dollars) for June. We know the IMF will not lend them the money and the CBI will not use the reserves. So, over these last weeks we have seen many proposals presented to us. The CBI did end the currency auctions at the end of May and this we know as a FACT. They told us they also are going to aggressively implement the customs and tariffs law and go electronic collection system to do so. But we know this system requires Iraq to be on FOREX since the system uses FOREX in the calculation of the most current rate of foreign currency in order to find the rate and convert it. So how will they do this without being on FOREX? I don’t know you tell me…
6-12-2020 Intel Guru Footforward [They [Vietnam] haven’t printed any lower denominations yet?] they won't make that public knowledge. If they did they might as well announce to the world they are going to revalue...I really feel we won't get any hints about Vietnam. They won't give us any clues as to what they do before they do it. Just suddenly, out of no where, the dong revalues. That's all in my opinion of course.
6-12-2020 Newshound Guru MilitiaMan Article: "Loaded with different materials ... Transport announces the reception of 11 ships within three days" They didn't just send 11 ships from around the world with the knowledge that Taxes and Tariffs are adjusting by 07/01/2020 with out some sort of disclosure, assurances, insurance, exchange rate, etc.. The leaks (news) in the Hull of Iraq are showing there is change coming.. The new foundation is about to be set in stone for the people to see.. The NEW IRAQ is about to be Born... NSCNs will be that foundation... imo.
6-12-2020 Intel Guru MarkZ [via PDK] Iraq contacts are still very hopeful we could see it on Saturday… [Why did Trump mention RV on June 7 if it is not rolling out sooner than November?] I have some info that I am not allowed to share and I do not think we are waiting for November. I feel we are much closer than that. We need to get it out 120 days before the election imo… Remember this is a “when” and not an “if”...We are in the perfect storm for it…
6-12-2020 Newshound Guru Pimpy they should have all their ducks in a row this month. The anticipation is that the rate will happen so that it can help them with the second half of this year. This is the rumors floating around inside the dinar community and to be quite honest that makes perfectly good sense...we know that in many cases when we're dealing with Iraq what makes sense to us does not necessarily make sense - period... or that they do anything that makes sense.
6-12-2020 Intel Guru Footforward [Has anyone heard any promising news about the Dong Lately...] we won't hear any news on the dong until it happens. They will keep this EXTREMELY quiet and there will be no warning before it goes. The dong will just go. Before the dinar. And then there will be no more dinar to get. Then the US will put sanctions on Iraq. Then tons of people will sell their dinar. Then the dinar will revalue. This is all in my opinion...
6-12-2020 Intel Guru MarkZ [via PDK] [...I have Personally confirmed that Chase, BoA and TravelEx are not Selling or Buying Back VND at this Time!] This really should tell us a lot!!
6-12-2020 Intel Guru Mike Cottrell I believe Trump will not let the RV go until after the election….I do not see any other way this could happen.
6-12-2020 Newshound Guru Pimpy ...we are already done with round 1 [U.S. - Iraq - U.N meeting]. Round 2 happens in July [In Washington]. I know a lot of you out there going, 'What does that mean? They kicking the can down the road?" We don't know yet. All that matters in which you should be focusing on - we're probably closer now that ever before...there is a lot going on in a very short period of time.
6-12-2020 Newshound/Intel Guru Mnt Goat Today’s dinar news is all about the ongoing saga of how will Iraq find the necessary funding to pay the June salaries. The pressure is enormous as simply put; they do not have the oil revenues sufficient to pay these salaries (about 4-5 billion US dollars) for June. We know the IMF will not lend them the money and the CBI will not use the reserves. So, over these last weeks we have seen many proposals presented to us. The CBI did end the currency auctions at the end of May and this we know as a FACT. They told us they also are going to aggressively implement the customs and tariffs law and go electronic collection system to do so. But we know this system requires Iraq to be on FOREX since the system uses FOREX in the calculation of the most current rate of foreign currency in order to find the rate and convert it. So how will they do this without being on FOREX? I don’t know you tell me…
6-12-2020 Intel Guru Footforward [They [Vietnam] haven’t printed any lower denominations yet?] they won't make that public knowledge. If they did they might as well announce to the world they are going to revalue...I really feel we won't get any hints about Vietnam. They won't give us any clues as to what they do before they do it. Just suddenly, out of no where, the dong revalues. That's all in my opinion of course.
6-12-2020 Newshound Guru MilitiaMan Article: "Loaded with different materials ... Transport announces the reception of 11 ships within three days" They didn't just send 11 ships from around the world with the knowledge that Taxes and Tariffs are adjusting by 07/01/2020 with out some sort of disclosure, assurances, insurance, exchange rate, etc.. The leaks (news) in the Hull of Iraq are showing there is change coming.. The new foundation is about to be set in stone for the people to see.. The NEW IRAQ is about to be Born... NSCNs will be that foundation... imo.
6-12-2020 Intel Guru MarkZ [via PDK] Iraq contacts are still very hopeful we could see it on Saturday… [Why did Trump mention RV on June 7 if it is not rolling out sooner than November?] I have some info that I am not allowed to share and I do not think we are waiting for November. I feel we are much closer than that. We need to get it out 120 days before the election imo… Remember this is a “when” and not an “if”...We are in the perfect storm for it…
6-12-2020 Newshound Guru Pimpy they should have all their ducks in a row this month. The anticipation is that the rate will happen so that it can help them with the second half of this year. This is the rumors floating around inside the dinar community and to be quite honest that makes perfectly good sense...we know that in many cases when we're dealing with Iraq what makes sense to us does not necessarily make sense - period... or that they do anything that makes sense.
6-12-2020 Intel Guru Footforward [Has anyone heard any promising news about the Dong Lately...] we won't hear any news on the dong until it happens. They will keep this EXTREMELY quiet and there will be no warning before it goes. The dong will just go. Before the dinar. And then there will be no more dinar to get. Then the US will put sanctions on Iraq. Then tons of people will sell their dinar. Then the dinar will revalue. This is all in my opinion...
6-14-2020 Intel Guru Frank26 ...the Iraqi dinar's monetary reform is in full bloom and in a position to be announced IMO very soon. Especially with what they released today, 'We busted Maliki and all those that were preventing the monetary reform.'
6-14-2020 Newshound Guru Pimpy Article "The president of the Republic: To complete victory requires building a sovereign and capable state". This is what I'm talking about. They have to prove to the world that they can stand alone. That's what a true sovereign nation is. To me this is the biggest obstacle that we have and waiting for the rate change to take place. We need them to be a sovereign nation all over again...are we close? IMO we're very very close to this finally happening...
6-14-2020 Intel Guru RayRen98 I DON'T KNOW WHY...BUY [But ?] SOME BANKERS ARE EXCITED ABOUT THE END OF "THIS" WEEK...TIME WILL TELL!!
6-14-2020 Newshound Guru MilitiaMan Article: "Next week .. A high-ranking Kurdish delegation headed by Talabani visits Baghdad" Quote: "All political forces insist on the success of Al-Kazemi's mission, and the steps for reform must be accelerated" All inclusive...Is this the historic HCL/140 agreed on in principle set for a finality? The Kurdistan Regional Council is talking about internal Reconciliation and also speaks of the region, as well. That my friends looks like to me that the next 24 - 48 hours are going to be about signing off on some already agreed on files. Having the power players this week is very compelling support that they mean business. The reforms must be accelerated. The rate at which they bring it forth is what I am looking for, as are the demonstrators... They know all too well what the alternatives are and one is the most important. RATE. or Purchase Power...imo. It all looks so very promising now this is coming to a conclusion. imo.
6-14-2020 Intel Guru Footforward ...I believe it will happen...Pompeo also told them to RV right away. Or else. [wow, did anybody get a video or audio of Pompeo telling them to revalue right away, or else?] it may have been in an article. I was told that by someone. [...Do you think the person who told you is a really good source?] I do.
6-14-2020 Newshound Guru Pimpy People are like, '...I thought they [Iraq] were a sovereign nation.' But they're not recognized as a sovereign nation and what I mean by that is in order to be a sovereign nation you have to have an internationally recognized currency. They're in Chapter 7 and yes they've been moved out and they been moving back...their goal is to be a sovereign nation once again...I believe that's what the true issue is. That's what they're really working for too...it looks like they're headed in that right direction. Let's hope it's very soon though...
6-14-2020 Newshound Guru Pimpy Article "The president of the Republic: To complete victory requires building a sovereign and capable state". This is what I'm talking about. They have to prove to the world that they can stand alone. That's what a true sovereign nation is. To me this is the biggest obstacle that we have and waiting for the rate change to take place. We need them to be a sovereign nation all over again...are we close? IMO we're very very close to this finally happening...
6-14-2020 Intel Guru RayRen98 I DON'T KNOW WHY...BUY [But ?] SOME BANKERS ARE EXCITED ABOUT THE END OF "THIS" WEEK...TIME WILL TELL!!
6-14-2020 Newshound Guru MilitiaMan Article: "Next week .. A high-ranking Kurdish delegation headed by Talabani visits Baghdad" Quote: "All political forces insist on the success of Al-Kazemi's mission, and the steps for reform must be accelerated" All inclusive...Is this the historic HCL/140 agreed on in principle set for a finality? The Kurdistan Regional Council is talking about internal Reconciliation and also speaks of the region, as well. That my friends looks like to me that the next 24 - 48 hours are going to be about signing off on some already agreed on files. Having the power players this week is very compelling support that they mean business. The reforms must be accelerated. The rate at which they bring it forth is what I am looking for, as are the demonstrators... They know all too well what the alternatives are and one is the most important. RATE. or Purchase Power...imo. It all looks so very promising now this is coming to a conclusion. imo.
6-14-2020 Intel Guru Footforward ...I believe it will happen...Pompeo also told them to RV right away. Or else. [wow, did anybody get a video or audio of Pompeo telling them to revalue right away, or else?] it may have been in an article. I was told that by someone. [...Do you think the person who told you is a really good source?] I do.
6-14-2020 Newshound Guru Pimpy People are like, '...I thought they [Iraq] were a sovereign nation.' But they're not recognized as a sovereign nation and what I mean by that is in order to be a sovereign nation you have to have an internationally recognized currency. They're in Chapter 7 and yes they've been moved out and they been moving back...their goal is to be a sovereign nation once again...I believe that's what the true issue is. That's what they're really working for too...it looks like they're headed in that right direction. Let's hope it's very soon though...
6-13-2020 Newshound Guru MilitiaMan The IMF has had recent meetings with the" Crisis" Emergency Cell on currency reforms and the modalities or treatment if you will, to cure the current crisis. There will be follow up meetings too. Kinda like a doctor to a patient. Take this alternative we have before us (raise the rate, secondary markets, SDR, Bonds, border fees, taxes and tariffs, reduction in refinery costs, etc.) and let it all take a few days/weeks to start working in conjunction and we will set another appointment for to review your progress, as in WORLD BANK management agreement... lol...imo. [post 2 of 2]
6-13-2020 Newshound Guru MilitiaMan Article: "Foreign Minister: The Kuwaiti Foreign Minister will visit Baghdad tomorrow" It sure looks like they are signalling inclusiveness and with an urgency! The Kurdistan high ranking Delegation is coming to town and may be arriving in conjunction with the Kuwait Foreign Minister. Lets think about that a moment. Pompeo is the USAs counter part to the Kuwait's Foreign Minister, if I am not mistaken. The USA having had SFA meetings that were well received by all, may not be over just yet. There may be another one or so in the coming days too. I sense signings may be at hand to some very important items! [post 1 of 2....stay tuned]
6-13-2020 Newshound Guru Pimpy ...People go, 'What are you looking for?' ...I'm looking for the UN to go 'okay' and the United States to go look it's Time for Iraq to be moved out of chapter 7 and into chapter 8. Give them back their sovereignty. Give them back their internationally recognized currency. Allow it to be on the Forex and start trading. That's what we want. That's what we're looking for.
6-13-2020 Newshound Guru Kaperoni If you want to see the Iraqi dinar go up in value which I assume you do...the only way it's going to go up in value is when Iraq's private sector economy grows. Only then will Iraq get off the peg and float the dinar allowing it to appreciate.
6-13-2020 Intel Guru Footforward [I wasn’t sure when VND revalues if it would be fixed or on a float with the potential to go higher.] they would be smart to fix the dinar and dong. Currently the dong is on a float. All currencies float for the most part. Except for like the dinar as an example.
6-13-2020 Newshound Guru Pimpy Here's a funny thing you guys might not know. There was an article written by Paul Ryan [Former Speaker of The House]. It was an opt-ed in which he thought it was important that the Iraqi people should probably change the rate to help their economy. Gee do you think Paul Ryan has Iraqi dinar?
6-13-2020 Intel Guru Bruce ...what I’m getting is that it looks as though from my information...from my sources...this is not coming from the internet...not online...it’s not coming from anybody else that’s putting information out...but this is coming from MY sources that seem to say that the 15th/16th which is Mon/Tues...is the timeframe that's been noted for this to be released to...US... we believe that things are at the point where we think it’s about to go...I hope we go sooner rather than later...
6-13-2020 Newshound Guru MilitiaMan Article: "Foreign Minister: The Kuwaiti Foreign Minister will visit Baghdad tomorrow" It sure looks like they are signalling inclusiveness and with an urgency! The Kurdistan high ranking Delegation is coming to town and may be arriving in conjunction with the Kuwait Foreign Minister. Lets think about that a moment. Pompeo is the USAs counter part to the Kuwait's Foreign Minister, if I am not mistaken. The USA having had SFA meetings that were well received by all, may not be over just yet. There may be another one or so in the coming days too. I sense signings may be at hand to some very important items! [post 1 of 2....stay tuned]
6-13-2020 Newshound Guru Pimpy ...People go, 'What are you looking for?' ...I'm looking for the UN to go 'okay' and the United States to go look it's Time for Iraq to be moved out of chapter 7 and into chapter 8. Give them back their sovereignty. Give them back their internationally recognized currency. Allow it to be on the Forex and start trading. That's what we want. That's what we're looking for.
6-13-2020 Newshound Guru Kaperoni If you want to see the Iraqi dinar go up in value which I assume you do...the only way it's going to go up in value is when Iraq's private sector economy grows. Only then will Iraq get off the peg and float the dinar allowing it to appreciate.
6-13-2020 Intel Guru Footforward [I wasn’t sure when VND revalues if it would be fixed or on a float with the potential to go higher.] they would be smart to fix the dinar and dong. Currently the dong is on a float. All currencies float for the most part. Except for like the dinar as an example.
6-13-2020 Newshound Guru Pimpy Here's a funny thing you guys might not know. There was an article written by Paul Ryan [Former Speaker of The House]. It was an opt-ed in which he thought it was important that the Iraqi people should probably change the rate to help their economy. Gee do you think Paul Ryan has Iraqi dinar?
6-13-2020 Intel Guru Bruce ...what I’m getting is that it looks as though from my information...from my sources...this is not coming from the internet...not online...it’s not coming from anybody else that’s putting information out...but this is coming from MY sources that seem to say that the 15th/16th which is Mon/Tues...is the timeframe that's been noted for this to be released to...US... we believe that things are at the point where we think it’s about to go...I hope we go sooner rather than later...
6-11-2020 Intel Guru MarkZ [via PDK] I still think we need to see more disclosure but the banking world seems to think things are going to break loose today...We are watching the end…we just have to hold on and make it through it...the thing about the banking side is they have to be prepared at all times because when it is ready…they have to be in place…but, they are like the boy who cried wolf… I believe the rank and file bankers are doing their best…
6-11-2020 Newshound/Intel Guru Mnt Goat There is much more going on than the Iraqi news media is telling us. The CBI is being very sneaky. I believe we are at the cusp of the end of this long-awaited payoff of our investment. This is of course not investment advice in anyway and just my opinion based on all the information I am now hearing. We know the central bank still has to educate the citizens again and so this will be our sure que as to the status of the “project to delete the zeros”. Yes, we are moving ahead but we still need a final confirmation. Will the CBI give it to us soon?... [post 2 of 2]
6-11-2020 Newshound/Intel Guru Mnt Goat ...From the Central Bank we are still hearing all very good news in the effort to go international so Iraq can tap into these secondary markets with investors. But what will these investors invest in? So, we see the dilemma again in not having a marketable currency within the global exchanges. By not having a viable currency this impacts the ability of the ISX investors, to issue more bonds, to pay debts and incentives for investors to want to flock to Iraq. Oh – but now suddenly we see investors beginning to come in. Why? I believe they know of the plan to globalize the economy thus have a viable currency and have it very soon. [post 1 of 2....stay tuned]
6-11-2020 Newshound Guru Pimpy ...we know right now that the United States is over there. They're in dialog with Iraq. Iraq is really pushing for sovereignty. We need this to happen. People keep asking me, "What do you mean...about sovereignty?" If you invest in the Iraqi dinar there's a reason why you can't walk in right now into Wells Fargo and exchange it at its current rate. That's because the currency at the present moment is not being recognized internationally...for the most part most banks won't deal with you right now because the currency is not an international currency. That's because we need the United Nations to once again allow Iraq to have their sovereignty and in order to do so they have to have their own currency which means they have to recognize the Iraqi dinar...
6-11-2020 Intel Guru Footforward [...is there any reason the Iraqi dinar went from $3+ in 2004 then declined sharply to 0.0008? How can a currency fall so fast?] that should be 2003 I think. It fell because it was manipulated to go there. That was the program rate. Part of how, in my opinion, we know the dinar isn't supposed to be worthless. [so when they RV they would have to go back to at least that rate again right?] there are two potential outcomes. A reinstatement (RI) which takes it back to the old rate, or an RV, which can take it somewhere below or above the old rate...my opinion is it will RV higher then the old rate.
6-11-2020 Newshound Guru Kaperoni I have received a few messages from members in recent weeks asking me what the chances are that Iraq will LOP. It is possible but keep in mind Parliament would have to approve of such an event.
6-11-2020 Newshound Guru Adam Montana ...OIL: We saw negative prices recently, but it has shot back up to almost $40. This shouldn't come as a surprise - OIL is a necessary commodity, the world isn't going to stop using or needing it anytime soon, and Iraq has a lot. Conclusion: Good for Iraq. GOI (Government of Iraq): Our new guy in office Kazzamie continues to plow through obstacles, protests against the former PMs are fading in the rear view mirror quickly, and the list of accomplishments is getting more impressive by the day...My opinion on the Budget is pretty simple: It doesn't have to be announced prior to an RV, the future rate of the Iraqi Dinar doesn't need to be published in it. ...Kazzamie is weeding through the mess, doing positive things, moving the ship forward...Also noteworthy is an article...CNN. Broadcasting That "It is possible to raise the exchange rate of the dinar against the dollar,“! If this kind of stuff doesn't put a smile on your face, nothing will!
6-11-2020 Newshound Guru Pimpy We do want Iraq to be recognized as a sovereign nation all over again along with a recognizable currency. Right now there's only one bank that you can go to and exchange your Iraqi dinar at the current rate and that's Chase Bank. My bank Wells Fargo won't even talk to you until they are recognized internationally again. So this is a big couple of days coming up. I feel really positive about it...
6-11-2020 Newshound/Intel Guru Mnt Goat There is much more going on than the Iraqi news media is telling us. The CBI is being very sneaky. I believe we are at the cusp of the end of this long-awaited payoff of our investment. This is of course not investment advice in anyway and just my opinion based on all the information I am now hearing. We know the central bank still has to educate the citizens again and so this will be our sure que as to the status of the “project to delete the zeros”. Yes, we are moving ahead but we still need a final confirmation. Will the CBI give it to us soon?... [post 2 of 2]
6-11-2020 Newshound/Intel Guru Mnt Goat ...From the Central Bank we are still hearing all very good news in the effort to go international so Iraq can tap into these secondary markets with investors. But what will these investors invest in? So, we see the dilemma again in not having a marketable currency within the global exchanges. By not having a viable currency this impacts the ability of the ISX investors, to issue more bonds, to pay debts and incentives for investors to want to flock to Iraq. Oh – but now suddenly we see investors beginning to come in. Why? I believe they know of the plan to globalize the economy thus have a viable currency and have it very soon. [post 1 of 2....stay tuned]
6-11-2020 Newshound Guru Pimpy ...we know right now that the United States is over there. They're in dialog with Iraq. Iraq is really pushing for sovereignty. We need this to happen. People keep asking me, "What do you mean...about sovereignty?" If you invest in the Iraqi dinar there's a reason why you can't walk in right now into Wells Fargo and exchange it at its current rate. That's because the currency at the present moment is not being recognized internationally...for the most part most banks won't deal with you right now because the currency is not an international currency. That's because we need the United Nations to once again allow Iraq to have their sovereignty and in order to do so they have to have their own currency which means they have to recognize the Iraqi dinar...
6-11-2020 Intel Guru Footforward [...is there any reason the Iraqi dinar went from $3+ in 2004 then declined sharply to 0.0008? How can a currency fall so fast?] that should be 2003 I think. It fell because it was manipulated to go there. That was the program rate. Part of how, in my opinion, we know the dinar isn't supposed to be worthless. [so when they RV they would have to go back to at least that rate again right?] there are two potential outcomes. A reinstatement (RI) which takes it back to the old rate, or an RV, which can take it somewhere below or above the old rate...my opinion is it will RV higher then the old rate.
6-11-2020 Newshound Guru Kaperoni I have received a few messages from members in recent weeks asking me what the chances are that Iraq will LOP. It is possible but keep in mind Parliament would have to approve of such an event.
6-11-2020 Newshound Guru Adam Montana ...OIL: We saw negative prices recently, but it has shot back up to almost $40. This shouldn't come as a surprise - OIL is a necessary commodity, the world isn't going to stop using or needing it anytime soon, and Iraq has a lot. Conclusion: Good for Iraq. GOI (Government of Iraq): Our new guy in office Kazzamie continues to plow through obstacles, protests against the former PMs are fading in the rear view mirror quickly, and the list of accomplishments is getting more impressive by the day...My opinion on the Budget is pretty simple: It doesn't have to be announced prior to an RV, the future rate of the Iraqi Dinar doesn't need to be published in it. ...Kazzamie is weeding through the mess, doing positive things, moving the ship forward...Also noteworthy is an article...CNN. Broadcasting That "It is possible to raise the exchange rate of the dinar against the dollar,“! If this kind of stuff doesn't put a smile on your face, nothing will!
6-11-2020 Newshound Guru Pimpy We do want Iraq to be recognized as a sovereign nation all over again along with a recognizable currency. Right now there's only one bank that you can go to and exchange your Iraqi dinar at the current rate and that's Chase Bank. My bank Wells Fargo won't even talk to you until they are recognized internationally again. So this is a big couple of days coming up. I feel really positive about it...
6-10-2020 Intel Guru Bruce [via WiserNow] ...We have had some sources tell us that they’ve been told to shut up – keep it quiet ...and when they’re told to keep it quiet it’s because...things are happening behind the scenes...we know that Iraq’s rates were to be on the screens yesterday morning – we could not confirm they were on our bank screens but we know that they had done everything that the IMF had requested of Iraq and that the United Nations had requested of Iraq regarding ...going from Chapter 7 to Chapter 8 - which was their position of sovereignty as a Nation...It’s like everything is prepared for this time...
6-10-2020 Newshound/Intel Guru Mnt Goat Article: "RAISE THE EXCHANGE RATE OF THE DINAR AGAINST THE DOLLAR" ...at least they are now talking to raise the value of the dinar and not devalue it as an alternative. What a turn-around!
6-10-2020 Guest Guru Bob Locke [via PDK] I know everybody is very frustrated waiting for the RV and constantly hearing M,W, F…but if you look closely things are happening. You don’t need to have intelligence sources in the banks or anywhere else to see that things are happening. The fact that Trump mentioned RV 5 times in that one press briefing…it’s being thrown in your face…so have faith… Your [Guru MarkZ] original thought that they would use this virus lockdown to work through the RV and allow people to exchange...I think it still holds true…Now is a really appropriate time because so many places need money for infrastructure…all the cities and towns that were looted and burned….
6-10-2020 Intel Guru MarkZ [via PDK] I am still looking for it to happen before July 1… I think we are that close. I just wish the people who are saying its today would be right…lol...there is so much chatter that everything is positioned but I know they don’t want us to know the timing…
6-10-2020 Newshound Guru Pimpy We all know the 10th and 11th starts the big meeting with the United States, the United Nations, the World Bank might be there but we know Kuwait and Saudi Arabia are supposed to be there as well...What we're really looking for is for the United Nations to feel that Iraq has done enough so that they can have control over their own sovereignty. That's what we want...in order to be a sovereign nation they must have an internationally recognized currency. In order for us to benefit from any kind of rate change , in order for us to be able to run down to the bank and do any type of rate change, their currency must be recognized internationally. This is a big deal for us. This is what we hope comes out of this...the rest of the week is going to be very very interesting for us. Let's keep our fingers crossed for some big news...
6-10-2020 Intel Guru Footforward [They haven’t printed any lower denominations yet?] they won't make that public knowledge. If they did they might as well announce to the world they are going to revalue...I really feel we won't get any hints about Vietnam. They won't give us any clues as to what they do before they do it. Just suddenly, out of no where, the dong revalues. That's all in my opinion of course.
6-10-2020 Newshound Guru Adam Montana [...we are in the best position ever...its coming down to the wire. we expect deal done with the kurds re oil this week if has not already been done.] Coming down the wire indeed!
6-10-2020 Newshound Guru MiltiaMan ...they're [CBI] not allowed to just go out and broadcast to everybody exactly how they're gonna do it but they do educate to a certain degree. Plausible deniability, I like to call it. I think we have a really good time frame that we're staring at and the speed at which they're doing it, the urgency. The wording that they're using - Implement. Activate. Immediate. Speed. They're using all that terminology. It's all over the place. You can't deny it...
6-10-2020 Newshound Guru Pimpy ...I look forward to seeing what's gonna happen from these meetings. They start tomorrow [Wednesday, the 10th]. I know a lot of people are feeling anxious because there's a lot of people that have a vibe that this thing is getting ready to pop off and this meeting is gonna tell us a whole lot. We will soon see. Let's keep your fingers crossed. [reference Guru Pimpy's post 6-9-2020]
6-10-2020 Intel Guru Frank26 ...There are many many countries that are pouring into Iraq now, all at once. They are squeezing in - Why? ...because they've been working with the Central Bank of Iraq. They had to be one and understand that the economic and monetary reform of the Iraqi dinar has been launched. Amen...
6-10-2020 Newshound/Intel Guru Mnt Goat Article: "RAISE THE EXCHANGE RATE OF THE DINAR AGAINST THE DOLLAR" ...at least they are now talking to raise the value of the dinar and not devalue it as an alternative. What a turn-around!
6-10-2020 Guest Guru Bob Locke [via PDK] I know everybody is very frustrated waiting for the RV and constantly hearing M,W, F…but if you look closely things are happening. You don’t need to have intelligence sources in the banks or anywhere else to see that things are happening. The fact that Trump mentioned RV 5 times in that one press briefing…it’s being thrown in your face…so have faith… Your [Guru MarkZ] original thought that they would use this virus lockdown to work through the RV and allow people to exchange...I think it still holds true…Now is a really appropriate time because so many places need money for infrastructure…all the cities and towns that were looted and burned….
6-10-2020 Intel Guru MarkZ [via PDK] I am still looking for it to happen before July 1… I think we are that close. I just wish the people who are saying its today would be right…lol...there is so much chatter that everything is positioned but I know they don’t want us to know the timing…
6-10-2020 Newshound Guru Pimpy We all know the 10th and 11th starts the big meeting with the United States, the United Nations, the World Bank might be there but we know Kuwait and Saudi Arabia are supposed to be there as well...What we're really looking for is for the United Nations to feel that Iraq has done enough so that they can have control over their own sovereignty. That's what we want...in order to be a sovereign nation they must have an internationally recognized currency. In order for us to benefit from any kind of rate change , in order for us to be able to run down to the bank and do any type of rate change, their currency must be recognized internationally. This is a big deal for us. This is what we hope comes out of this...the rest of the week is going to be very very interesting for us. Let's keep our fingers crossed for some big news...
6-10-2020 Intel Guru Footforward [They haven’t printed any lower denominations yet?] they won't make that public knowledge. If they did they might as well announce to the world they are going to revalue...I really feel we won't get any hints about Vietnam. They won't give us any clues as to what they do before they do it. Just suddenly, out of no where, the dong revalues. That's all in my opinion of course.
6-10-2020 Newshound Guru Adam Montana [...we are in the best position ever...its coming down to the wire. we expect deal done with the kurds re oil this week if has not already been done.] Coming down the wire indeed!
6-10-2020 Newshound Guru MiltiaMan ...they're [CBI] not allowed to just go out and broadcast to everybody exactly how they're gonna do it but they do educate to a certain degree. Plausible deniability, I like to call it. I think we have a really good time frame that we're staring at and the speed at which they're doing it, the urgency. The wording that they're using - Implement. Activate. Immediate. Speed. They're using all that terminology. It's all over the place. You can't deny it...
6-10-2020 Newshound Guru Pimpy ...I look forward to seeing what's gonna happen from these meetings. They start tomorrow [Wednesday, the 10th]. I know a lot of people are feeling anxious because there's a lot of people that have a vibe that this thing is getting ready to pop off and this meeting is gonna tell us a whole lot. We will soon see. Let's keep your fingers crossed. [reference Guru Pimpy's post 6-9-2020]
6-10-2020 Intel Guru Frank26 ...There are many many countries that are pouring into Iraq now, all at once. They are squeezing in - Why? ...because they've been working with the Central Bank of Iraq. They had to be one and understand that the economic and monetary reform of the Iraqi dinar has been launched. Amen...
6-9-2020 Intel Guru Footforward [So what is the “rumored rate range for the VND? I have heard anywhere between .10 - 2.00] rumors have it in that range. There is no way it will be 2 bucks in my opinion...5 cents would be my opinion for a low end rate on the dong.
6-9-2020 Intel Guru MarkZ [via PDK] The currency boards have been covered with rumors and all kinds of details over the last few weeks...…well, I am hearing those same things from people who send me posts and rumors and videos…So I call my banking contacts in Zurich, Dubai, Reno and Hong Kong…and I am waiting for the money to move… so yes I hear those rumors but I just do not see any money movement yet...We were expecting a lot to occur over the weekend and expecting a lot to occur overnight last night. We are seeing a lot of positioning…there are key players in key places right now….it is happening, but we need to watch it roll out…there is a lot of disclosure happening…I am excited about this.
6-9-2020 Newshound Guru Pimpy It's definitely getting close to crunch time here. We know that tomorrow on the 10th the heavy hitters start pulling in for this big meeting with the United States and Iraq. The official meeting starts on the 11th but people are arriving and starting talks on the 10th. We're definitely going to be paying close attention to what is going on over these next couple of days...
6-9-2020 Newshound/Intel Guru Mnt Goat ...The news today is short but all very good as Iraq now seems to be moving in the right direction. The stronghold of Iran on Iraq seems to be broken...We see the protestors back on track as they want the promised reforms. We are hearing that al-Kazemi is going to give them all the demands they requested. Meanwhile the CBI is making plans to launch and complete “project to delete the zeros” this year... So, NO, things are not as usual for Iraq they are moving ahead...the momentum will increase as time goes on...
6-9-2020 Intel Guru Footforward [...if they changed the rate this Wednesday, they couldn’t keep it hidden or a secret for a few weeks? They’d have to come right out with it?] yep. You can't have two different exchange rates in play. It's one or the other. You can't have one in country and another outside of the country. They can't hide this or keep it "in country"...As soon as the rate changes, it has to go international. From east to west. Would take about 8-13 hours to process through the system is what I've been told...banking systems are set up for that kind of thing. It will change in their system suddenly. Over night. From east to west.
6-9-2020 Newshound Guru Jeff ...that level of news about launching their economy, completing the 2020 budget that would suggest they're ready to change the rate because IMO the approval process of the budget is waiting on the rate change...they are preparing to send the budget for approval around the end of June. IMO they have to send it after the rate has changed.
6-9-2020 Intel Guru Frank26 ...my broker is able to get dinars still but the thing is the borders of Iraq are shut tight...also the Central Bank of Iraq about 2 1/2 years ago stopped selling dinars to money exchangers, to brokers...before you introduce a new currency, a redenomination with a new exchange rate you have to collect the old currency. You can't have dual currency out there. You can't have a dual exchange rate...It is difficult to get the Iraqi dinar...
6-9-2020 Newshound Guru Pimpy ...In order for them [Iraq] to be a sovereign nation they must have a recognizable currency, so we are rooting for the people to recognize them as a sovereign nation so that we can get the currency recognized and we definitely can expect a rate change to happen by then. It's all looking good...It seems to me like every bit of news now that we read seems to be going in a positive direction...
6-9-2020 Newshound Guru MilitiaMan ...we see the rebalancing of two potentially large partners, both Saudi Arabia and Kuwait. They will need to be fully article 8 imo to re balance the trade and investments with the two countries... They stopped the auctions about 16 days ago. Liquidity is drying up and inflation is setting in. They need to do business and quickly, or they'll have even further issues. Something they are well aware of and have a cure for...raising the value of their currency to allow them to get on and into secondary markets is one [cure] that will work to do just that...IMO We are in a very awesome place these days...
6-9-2020 Newshound Guru Kaperoni ...Iraq is in no position under the current economic and financial conditions to add value. In fact they're talking about devaluing the dinar. I have been stating for well over a year now that Iraq has a lot of work to do by passing laws, creating stability, etc to encourage investors to come in and participate in the private sector only then can the dinar go up in value.
6-9-2020 Intel Guru MarkZ [via PDK] The currency boards have been covered with rumors and all kinds of details over the last few weeks...…well, I am hearing those same things from people who send me posts and rumors and videos…So I call my banking contacts in Zurich, Dubai, Reno and Hong Kong…and I am waiting for the money to move… so yes I hear those rumors but I just do not see any money movement yet...We were expecting a lot to occur over the weekend and expecting a lot to occur overnight last night. We are seeing a lot of positioning…there are key players in key places right now….it is happening, but we need to watch it roll out…there is a lot of disclosure happening…I am excited about this.
6-9-2020 Newshound Guru Pimpy It's definitely getting close to crunch time here. We know that tomorrow on the 10th the heavy hitters start pulling in for this big meeting with the United States and Iraq. The official meeting starts on the 11th but people are arriving and starting talks on the 10th. We're definitely going to be paying close attention to what is going on over these next couple of days...
6-9-2020 Newshound/Intel Guru Mnt Goat ...The news today is short but all very good as Iraq now seems to be moving in the right direction. The stronghold of Iran on Iraq seems to be broken...We see the protestors back on track as they want the promised reforms. We are hearing that al-Kazemi is going to give them all the demands they requested. Meanwhile the CBI is making plans to launch and complete “project to delete the zeros” this year... So, NO, things are not as usual for Iraq they are moving ahead...the momentum will increase as time goes on...
6-9-2020 Intel Guru Footforward [...if they changed the rate this Wednesday, they couldn’t keep it hidden or a secret for a few weeks? They’d have to come right out with it?] yep. You can't have two different exchange rates in play. It's one or the other. You can't have one in country and another outside of the country. They can't hide this or keep it "in country"...As soon as the rate changes, it has to go international. From east to west. Would take about 8-13 hours to process through the system is what I've been told...banking systems are set up for that kind of thing. It will change in their system suddenly. Over night. From east to west.
6-9-2020 Newshound Guru Jeff ...that level of news about launching their economy, completing the 2020 budget that would suggest they're ready to change the rate because IMO the approval process of the budget is waiting on the rate change...they are preparing to send the budget for approval around the end of June. IMO they have to send it after the rate has changed.
6-9-2020 Intel Guru Frank26 ...my broker is able to get dinars still but the thing is the borders of Iraq are shut tight...also the Central Bank of Iraq about 2 1/2 years ago stopped selling dinars to money exchangers, to brokers...before you introduce a new currency, a redenomination with a new exchange rate you have to collect the old currency. You can't have dual currency out there. You can't have a dual exchange rate...It is difficult to get the Iraqi dinar...
6-9-2020 Newshound Guru Pimpy ...In order for them [Iraq] to be a sovereign nation they must have a recognizable currency, so we are rooting for the people to recognize them as a sovereign nation so that we can get the currency recognized and we definitely can expect a rate change to happen by then. It's all looking good...It seems to me like every bit of news now that we read seems to be going in a positive direction...
6-9-2020 Newshound Guru MilitiaMan ...we see the rebalancing of two potentially large partners, both Saudi Arabia and Kuwait. They will need to be fully article 8 imo to re balance the trade and investments with the two countries... They stopped the auctions about 16 days ago. Liquidity is drying up and inflation is setting in. They need to do business and quickly, or they'll have even further issues. Something they are well aware of and have a cure for...raising the value of their currency to allow them to get on and into secondary markets is one [cure] that will work to do just that...IMO We are in a very awesome place these days...
6-9-2020 Newshound Guru Kaperoni ...Iraq is in no position under the current economic and financial conditions to add value. In fact they're talking about devaluing the dinar. I have been stating for well over a year now that Iraq has a lot of work to do by passing laws, creating stability, etc to encourage investors to come in and participate in the private sector only then can the dinar go up in value.
6-8-2020 Intel Guru Footforward [...cant they also open up international without the RV as well?] not really. They have to have their own international currency for that. The dinar needs to be reinstated to it's true value before that can happen...
6-8-2020 Intel Guru MarkZ [via PDK] [Did you see the speech where POTUS said RV 5 times!!! He really hinted at an RV.] I thought that was more than a little curious. We are seeing a lot of signs...they need to stop playing games and do it.
6-8-2020 Intel Guru RayRen98 I BELIEVE...THAT "IN THE COMING DAYS" ARE DEFINITELY COMING! $$$$$...
6-8-2020 Intel Guru Footforward [ I do not understand how re-valuing the Dinar to a higher rate helps the Iraqi people...] ...it helps Iraq because they can go international. They can open their boarders and open to world which will have a massive impact on their economy. To the average person in Iraq it will help them with work. But the average person in Iraq will not become rich from this...
6-8-2020 Newshound Guru Pimpy I want to comment on the vibe. Even some of the naysayers that I usually hear from [are] starting to slightly sway in the other direction. They're starting to see a lot of things happening. I don't know if that's just the power of positive thinking. There's a lot of good vibes out there and so it just kind of pulling those individual over to the positive side because I think those types of things happen. It's looking good. Big steps happening...
6-8-2020 Intel Guru MarkZ [via PDK] Iraq did not go yet even though there were great expectations for last weekend. My diplomatic contact over there is believing that Wednesday may be the day.
6-8-2020 Newshound Guru MilitiaMan It sure looks like they are again hitting the ground running with reforms. This new PM and his FM are on fire to get things off and running. The PM held a special session on financial and economic reforms today. They normally meet Tuesdays if memory serves me well. If so this sure supports the urgency, in that having a special session is a good thing. It reeks of urgency.. imo.
6-8-2020 Intel Guru Footforward [...you have mentioned that you think that Iraqi Dinar is purposely being made almost impossible to get now...] Iraq's boarder is basically shut down. That means not much gets in or out. They are using the virus as the excuse. No one really thinks much of it. So i know because of that, dinar is hardly getting shipped out of Iraq. If Trump tells dinar dealers they have to shut down, that's going to tell people the RV is real. When the RV is about to happen, they would have to wind down sales because any unsold dinar has to go back to the CBI. That obviously is a hassle. This way, with the boarder shut down, no order has to be given for dinar to stop being sold, and no one has to send unsold dinar back. It's all sold and out of stock. This is all my opinion...
6-8-2020 Intel Guru MarkZ [via PDK] [Did you see the speech where POTUS said RV 5 times!!! He really hinted at an RV.] I thought that was more than a little curious. We are seeing a lot of signs...they need to stop playing games and do it.
6-8-2020 Intel Guru RayRen98 I BELIEVE...THAT "IN THE COMING DAYS" ARE DEFINITELY COMING! $$$$$...
6-8-2020 Intel Guru Footforward [ I do not understand how re-valuing the Dinar to a higher rate helps the Iraqi people...] ...it helps Iraq because they can go international. They can open their boarders and open to world which will have a massive impact on their economy. To the average person in Iraq it will help them with work. But the average person in Iraq will not become rich from this...
6-8-2020 Newshound Guru Pimpy I want to comment on the vibe. Even some of the naysayers that I usually hear from [are] starting to slightly sway in the other direction. They're starting to see a lot of things happening. I don't know if that's just the power of positive thinking. There's a lot of good vibes out there and so it just kind of pulling those individual over to the positive side because I think those types of things happen. It's looking good. Big steps happening...
6-8-2020 Intel Guru MarkZ [via PDK] Iraq did not go yet even though there were great expectations for last weekend. My diplomatic contact over there is believing that Wednesday may be the day.
6-8-2020 Newshound Guru MilitiaMan It sure looks like they are again hitting the ground running with reforms. This new PM and his FM are on fire to get things off and running. The PM held a special session on financial and economic reforms today. They normally meet Tuesdays if memory serves me well. If so this sure supports the urgency, in that having a special session is a good thing. It reeks of urgency.. imo.
6-8-2020 Intel Guru Footforward [...you have mentioned that you think that Iraqi Dinar is purposely being made almost impossible to get now...] Iraq's boarder is basically shut down. That means not much gets in or out. They are using the virus as the excuse. No one really thinks much of it. So i know because of that, dinar is hardly getting shipped out of Iraq. If Trump tells dinar dealers they have to shut down, that's going to tell people the RV is real. When the RV is about to happen, they would have to wind down sales because any unsold dinar has to go back to the CBI. That obviously is a hassle. This way, with the boarder shut down, no order has to be given for dinar to stop being sold, and no one has to send unsold dinar back. It's all sold and out of stock. This is all my opinion...
6-7-2020 *** Dinar Guru Newsflash *** The news is flooding in...Iraq's new prime minister has done what no other prime minister in the last 10 years has been able to do. Iraq's parliament voted and seated the last 7 ministers of PM Al-Kazemi's government. If this is fact and it appears to be, this is a monumental accomplishment and fits with everything else Iraq's leader has done in the last month. Stay tuned as gurus chime on this unexpected development. The latest guru posts will continue below...
6-7-2020 Newshound Guru MilitiaMan Article: "Member of Parliamentary Finance: The country's financial situation is very critical and we are working to get out of the crisis" Another reiteration of what is going on. But, Al-Nassery just told us what he is doing and that is going into the social market economy. That includes the Secondary Markets...They are not going into the market economies of the world at a program rate. The theme is not wait and stagnate it is ACTIVATE!! They say in the current week to come...
6-7-2020 Newshound Guru Pimpy ...we are so close it's not even funny. What I'm seeing in these news articles is Iraq is setting themselves up to be a sovereign nation again. Yes, finally! 'But why is that a big deal Pimpy?' I'll tell you. In order for them to be a sovereign nation they must have an internationally recognized currency. Yes, a currency that's recognized and traded on the Forex. This is good. This is what we want to see happening...hope and pray...This what we need to help the Iraqi dinar get back on the international scene so that the rate change can take place...
6-7-2020 Intel Guru RayRen98 ...The Kurds are sending a delegation to Baghdad next week to finalize the deal. That's the oil and gas Article 140. That should be the final missing part since the full cabinet is now seated...
6-7-2020 Newshound Guru Jeff ...I keep stressing this is about accounting periods. I also told you numerous times that Iraq is walking in Kuwaits footsteps. Kuwait changed their rate over the last month of the quarter in the 3rd weekend of the month...that is the period of June 21st...June 21st is the end of the third week of the last month of the quarter.
6-7-2020 Newshound/Intel Guru RVAlready No dinar on the US market would be a positive indicator, IMO. If I were Iraq, I’d be pushing to get the RV done this weekend.
6-7-2020 Intel Guru Frank26 ...you have a government [Iraq] and the government was actually put together by Donald Trump. You [Iraq citizens] are now going to get what you deserve...an increase in the value of your currency so you have more purchasing power. You'll be one-to-one with the American dollar inside of your county and outside eventually your currency will float and it'll have an international rate...I think you already know what that rate is. Look at what the rate is for Saudi Arabia. Look at what the rate is for Kuwait. You're not only going to have purchasing power added but now you're going to have the mineral rights, oil rights...the Kurds IMO put their signature on this HCL and it's going to be delivered I believe on Monday...
6-7-2020 Newshound Guru Pimpy They are talking a lot about the rate change. Some of the changes seem very minor but any change is better than no change at all. It's hard not to get overly excited. Let's keep positive and pay attention to what's going on because like I said ever since Al-Kazemi got put into office man that guy's hitting the ground running.
6-7-2020 Intel Guru Footforward [...what do you think dollar amount will be for the dinar RV?] ...This is all my opinion and not financial or investment advice. Dinar I'm hoping for something between $3.50 and 6.00 and on the dong I'm hoping for 5 - 25 cents...the plan for the longest time was the dong at 5 - 10 cents. The only reason it may be higher now is because Vietnam wants to pull away from China. I don't think $1 on the dong is possible or realistic. And I think even 50 cents is a stretch...Heck even 25 cents for them is a big stretch.
6-7-2020 Newshound Guru Pimpy ...we are so close it's not even funny. What I'm seeing in these news articles is Iraq is setting themselves up to be a sovereign nation again. Yes, finally! 'But why is that a big deal Pimpy?' I'll tell you. In order for them to be a sovereign nation they must have an internationally recognized currency. Yes, a currency that's recognized and traded on the Forex. This is good. This is what we want to see happening...hope and pray...This what we need to help the Iraqi dinar get back on the international scene so that the rate change can take place...
6-7-2020 Intel Guru RayRen98 ...The Kurds are sending a delegation to Baghdad next week to finalize the deal. That's the oil and gas Article 140. That should be the final missing part since the full cabinet is now seated...
6-7-2020 Newshound Guru Jeff ...I keep stressing this is about accounting periods. I also told you numerous times that Iraq is walking in Kuwaits footsteps. Kuwait changed their rate over the last month of the quarter in the 3rd weekend of the month...that is the period of June 21st...June 21st is the end of the third week of the last month of the quarter.
6-7-2020 Newshound/Intel Guru RVAlready No dinar on the US market would be a positive indicator, IMO. If I were Iraq, I’d be pushing to get the RV done this weekend.
6-7-2020 Intel Guru Frank26 ...you have a government [Iraq] and the government was actually put together by Donald Trump. You [Iraq citizens] are now going to get what you deserve...an increase in the value of your currency so you have more purchasing power. You'll be one-to-one with the American dollar inside of your county and outside eventually your currency will float and it'll have an international rate...I think you already know what that rate is. Look at what the rate is for Saudi Arabia. Look at what the rate is for Kuwait. You're not only going to have purchasing power added but now you're going to have the mineral rights, oil rights...the Kurds IMO put their signature on this HCL and it's going to be delivered I believe on Monday...
6-7-2020 Newshound Guru Pimpy They are talking a lot about the rate change. Some of the changes seem very minor but any change is better than no change at all. It's hard not to get overly excited. Let's keep positive and pay attention to what's going on because like I said ever since Al-Kazemi got put into office man that guy's hitting the ground running.
6-7-2020 Intel Guru Footforward [...what do you think dollar amount will be for the dinar RV?] ...This is all my opinion and not financial or investment advice. Dinar I'm hoping for something between $3.50 and 6.00 and on the dong I'm hoping for 5 - 25 cents...the plan for the longest time was the dong at 5 - 10 cents. The only reason it may be higher now is because Vietnam wants to pull away from China. I don't think $1 on the dong is possible or realistic. And I think even 50 cents is a stretch...Heck even 25 cents for them is a big stretch.
6-6-2020 Intel Guru Frank26 They're in the process of letting it be official...of realizing it. I'm happy and I hope you are too...be grateful for the evidence that you're seeing in your investment. I love you...
6-6-2020 Newshound Guru MilitiaMan Article: "Member of Parliamentary Finance: The country's financial situation is very critical and we are working to get out of the crisis" Another reiteration of what is going on. But, Al-Nassery just told us what he is doing and that is going into the social market economy. That includes the Secondary Markets...They are not going into the market economies of the world at a program rate. The theme is not wait and stagnate it is ACTIVATE!! They say in the current week to come...
6-6-2020 Newshound Guru Pimpy there's a lot of reasons to be excited...some things happened yesterday or I should say last night while you were sleeping...it's a little exciting... Article "Parliament passes vacant bag candidates and succeeds in completing the A-Kazemi government" Yes it's okay, you can clap or you can pee-pee dance it's okay! It looks like his cabinet is complete. I don't see anything missing...it looks like finally Al-Kazemi has a complete cabinet, Yay! ...I feel good about this...there's a lot of positive vibes going on out there...
6-6-2020 Newshound Guru Jeff Article "Parliament passes vacant bag candidates and succeeds in completing the Al-Kazemi government" They have completed the full formation of the government. But remember I told you there were two things needed which are the linchpin. Two not one. They have to finish their agreement with Kurdistan and they had to finish the last 7 ministers. The last 7 ministers is done. Out of 2 you have 1 remaining. Article "Next week a delegation will visit Baghdad to resolve the agreement on the oil file". This is Kurdistan...you're gonna have everything pretty much done within a week. They should have this done probably by the 10th...they're on track to finish the two remaining items. They already got the government done. They could most likely have the second last remaining variable...done next week...that will allow them to probably change the rate during the second half of June...It looks like Iraq will go international as well during that second half of June.
6-6-2020 Intel Guru Footforward Tweet: "Mustafa Al-Kadhimi: My cabinet is now complete with today's vote... This is vital in implementing our program and delivering on our commitments to our people - who are waiting for actions, not words. I think parliament for renewing its confidence. We will move forward with optimism and fortitude." [So this means the government has formed completely then?] yes. ...You notice he's talking about actions. What actions do Iraqis want? They want monetary reform. [things are looking good for this month.] agreed.
6-6-2020 Newshound/Intel Guru Mnt Goat Article: "INCLUDING STOPPING THE CURRENCY AUCTION AND CHANGING THE DINAR PRICE .. 5 DEPUTIES PRESENT PROPOSALS TO BRIDGE THE BUDGET DEFICIT" ...this is one of those WOW articles. ...these are members of the House of Representatives so the next area to take up these recommendations would be the Finance Committee and then the CBI. But I have to tell you this is already in motion and the CBI is already working on these measures. But it was very nice to see parliamentary members making their ideas heard and for once coming up with sensible recommendations that will work.
6-6-2020 Newshound Guru Jeff ...we've got a lot going on. The news is red-hot...we're probably around the second half of June...This thing is coming upon us. We're at the very end of it.
6-6-2020 Intel Guru Frank26 It's time to realize in my opinion that the monetary reform is point-blank. It's out there and they're talking about it to the citizens - the trickling down of information just the way we told you. They are protecting it. The CBI has locked their doors. The borders are shut down. Have you called anybody to see if you can buy this currency? It's getting harder to get that's all.
6-6-2020 Newshound Guru Pimpy Article "Parliamentary solutions to the financial crisis Al-Kazemi's office...Trends towards changing the dollar policy and the exchange rate" Well I don't know about you guys, I can think of a way...man I'm telling you 2020 is our year. Let's not get overly excited but go ahead, we can do the pee-pee dance just a little bit! Looking good!
6-6-2020 Newshound Guru MilitiaMan Article: "Member of Parliamentary Finance: The country's financial situation is very critical and we are working to get out of the crisis" Another reiteration of what is going on. But, Al-Nassery just told us what he is doing and that is going into the social market economy. That includes the Secondary Markets...They are not going into the market economies of the world at a program rate. The theme is not wait and stagnate it is ACTIVATE!! They say in the current week to come...
6-6-2020 Newshound Guru Pimpy there's a lot of reasons to be excited...some things happened yesterday or I should say last night while you were sleeping...it's a little exciting... Article "Parliament passes vacant bag candidates and succeeds in completing the A-Kazemi government" Yes it's okay, you can clap or you can pee-pee dance it's okay! It looks like his cabinet is complete. I don't see anything missing...it looks like finally Al-Kazemi has a complete cabinet, Yay! ...I feel good about this...there's a lot of positive vibes going on out there...
6-6-2020 Newshound Guru Jeff Article "Parliament passes vacant bag candidates and succeeds in completing the Al-Kazemi government" They have completed the full formation of the government. But remember I told you there were two things needed which are the linchpin. Two not one. They have to finish their agreement with Kurdistan and they had to finish the last 7 ministers. The last 7 ministers is done. Out of 2 you have 1 remaining. Article "Next week a delegation will visit Baghdad to resolve the agreement on the oil file". This is Kurdistan...you're gonna have everything pretty much done within a week. They should have this done probably by the 10th...they're on track to finish the two remaining items. They already got the government done. They could most likely have the second last remaining variable...done next week...that will allow them to probably change the rate during the second half of June...It looks like Iraq will go international as well during that second half of June.
6-6-2020 Intel Guru Footforward Tweet: "Mustafa Al-Kadhimi: My cabinet is now complete with today's vote... This is vital in implementing our program and delivering on our commitments to our people - who are waiting for actions, not words. I think parliament for renewing its confidence. We will move forward with optimism and fortitude." [So this means the government has formed completely then?] yes. ...You notice he's talking about actions. What actions do Iraqis want? They want monetary reform. [things are looking good for this month.] agreed.
6-6-2020 Newshound/Intel Guru Mnt Goat Article: "INCLUDING STOPPING THE CURRENCY AUCTION AND CHANGING THE DINAR PRICE .. 5 DEPUTIES PRESENT PROPOSALS TO BRIDGE THE BUDGET DEFICIT" ...this is one of those WOW articles. ...these are members of the House of Representatives so the next area to take up these recommendations would be the Finance Committee and then the CBI. But I have to tell you this is already in motion and the CBI is already working on these measures. But it was very nice to see parliamentary members making their ideas heard and for once coming up with sensible recommendations that will work.
6-6-2020 Newshound Guru Jeff ...we've got a lot going on. The news is red-hot...we're probably around the second half of June...This thing is coming upon us. We're at the very end of it.
6-6-2020 Intel Guru Frank26 It's time to realize in my opinion that the monetary reform is point-blank. It's out there and they're talking about it to the citizens - the trickling down of information just the way we told you. They are protecting it. The CBI has locked their doors. The borders are shut down. Have you called anybody to see if you can buy this currency? It's getting harder to get that's all.
6-6-2020 Newshound Guru Pimpy Article "Parliamentary solutions to the financial crisis Al-Kazemi's office...Trends towards changing the dollar policy and the exchange rate" Well I don't know about you guys, I can think of a way...man I'm telling you 2020 is our year. Let's not get overly excited but go ahead, we can do the pee-pee dance just a little bit! Looking good!
6-5-2020 Intel Guru Frank26 Articles...5 or 6 of them today boom boom boom boom boom all talking about the fact that, 'We're gonna raise the value of our currency. We're gonna change the exchange rate value.' These are things you only dream about. To see them right in front of us now well it's because the monetary reform is really progressing...
6-5-2020 Newshound Guru MilitiaMan Article quote: "The President of the Republic emphasizes adopting a balanced monetary policy and working to strengthen the financial situation" There is no stopping this now from the looks of it. All has been coming together and shows that all the years of work, now are aligned and ready to go international... They have published time lines for contractual issues, that will have to be adhered to. I am smiling!!
6-5-2020 Intel Guru Bruce [via WiserNow] we are looking for... us to get moving probably...by Tuesday...We have been delayed by the activity going on throughout the country – it has definitely held us back...we know that Iraq is going to have their new rate – on their Dinar – official – as of Saturday – but we in the US won’t see it until Monday...Overall I can just tell you that everything seems to be moving finally in the direction that we want it to...the main thing is that we stay positive because we do think that this is finally it...
6-5-2020 Newshound Guru Pimpy This is flying around the dinar community. President Trump quote, "I may have to buy one of those things, drive around town. Maybe I'll drive back to New York with our First Lady in a trailer. What do they call that? An RV, an RV." People are saying Trump is doing "Trump speak" that this indeed is his way of saying the RV's getting ready to happen. Is it getting ready to happen? I think so but I don't know if this "RV" has anything to do with it. I think we just like to hear him say RV.
6-5-2020 Intel Guru Frank26 ...we explained to you months ago that the President of the United States of America was now heavily involved with the monetary reform of the Iraqi dinar...many articles have come out...we told you the Central Bank of Iraq was ready and we also suggested the GOI also needed to be ready in order to pass what the CBI has - the monetary reform plan...In the last 4 or 5 days it's been a meteor shower - boom boom boom boom of statements from who? Mainly the Prime Minister Kazemi. He has the same game plan that the President of the United States has...after coming under heavy criticism the Central Bank stopped the currency auctions. That was the 1st step Donald Trump wanted to accomplish. By doing so, they're not going to use the American dollar anymore.
6-5-2020 Intel Guru MarkZ [via PDK] ...my Iraqi contacts still believe we are in the week…I will not be a bit surprised to suddenly see it all come together…We are seeing the Perfect Storm come together as we speak...I am excited at seeing so much start to happen, Iraq stopping currency... auctions...we are seeing a lot of pieces come together...so, my Iraqi sources would agree...I did not think things would come together this quickly but they are… There is so much happening right now…this is exciting and it’s all starting to come together…sooner then we may have thought.
6-5-2020 Newshound Guru Kaperoni A couple of great news articles this week... 1 an opinion piece on changing the dinar exchange rate. The other seems to be recommendations from the parliamentary finance committee today including floating the dinar.
6-5-2020 Newshound/Intel Guru Mnt Goat ...they are now actually openly debating all the options as to what to do to save the economy of Iraq. Part of these discussions does include ending the currency auctions and the possibility of a “float” but, as we can see, they mean a float against other global currencies. You can’t float the dinar against just the US dollar as it is now solely pegged just to the US dollar. This is now a “fixed” rate. So the discussions evolved around a drastic change. By the way the CBI has already announced it WILL NOT devalue the dinar as a solution...
6-5-2020 Newshound Guru MilitiaMan Article: "After Coming Under Heavy Criticism...The Central Bank Stops The Currency Auction" Now add in the meeting with Alak and the President on financial ongoing's. Then think about the upcoming meetings to vote on Cabinet, then add in the ISX is scheduled to open again on Sunday, then there is the SFA for the 10th - 11th. All the talk about the borders, taxes & tarrifs, fees all being electronic, the contracts adjusting for shipping costs by 07/01/2020 need to be in place by then. Those things need an international rate and pronto!! The convergence is astonishing! imo ...
6-5-2020 Newshound Guru MilitiaMan Article quote: "The President of the Republic emphasizes adopting a balanced monetary policy and working to strengthen the financial situation" There is no stopping this now from the looks of it. All has been coming together and shows that all the years of work, now are aligned and ready to go international... They have published time lines for contractual issues, that will have to be adhered to. I am smiling!!
6-5-2020 Intel Guru Bruce [via WiserNow] we are looking for... us to get moving probably...by Tuesday...We have been delayed by the activity going on throughout the country – it has definitely held us back...we know that Iraq is going to have their new rate – on their Dinar – official – as of Saturday – but we in the US won’t see it until Monday...Overall I can just tell you that everything seems to be moving finally in the direction that we want it to...the main thing is that we stay positive because we do think that this is finally it...
6-5-2020 Newshound Guru Pimpy This is flying around the dinar community. President Trump quote, "I may have to buy one of those things, drive around town. Maybe I'll drive back to New York with our First Lady in a trailer. What do they call that? An RV, an RV." People are saying Trump is doing "Trump speak" that this indeed is his way of saying the RV's getting ready to happen. Is it getting ready to happen? I think so but I don't know if this "RV" has anything to do with it. I think we just like to hear him say RV.
6-5-2020 Intel Guru Frank26 ...we explained to you months ago that the President of the United States of America was now heavily involved with the monetary reform of the Iraqi dinar...many articles have come out...we told you the Central Bank of Iraq was ready and we also suggested the GOI also needed to be ready in order to pass what the CBI has - the monetary reform plan...In the last 4 or 5 days it's been a meteor shower - boom boom boom boom of statements from who? Mainly the Prime Minister Kazemi. He has the same game plan that the President of the United States has...after coming under heavy criticism the Central Bank stopped the currency auctions. That was the 1st step Donald Trump wanted to accomplish. By doing so, they're not going to use the American dollar anymore.
6-5-2020 Intel Guru MarkZ [via PDK] ...my Iraqi contacts still believe we are in the week…I will not be a bit surprised to suddenly see it all come together…We are seeing the Perfect Storm come together as we speak...I am excited at seeing so much start to happen, Iraq stopping currency... auctions...we are seeing a lot of pieces come together...so, my Iraqi sources would agree...I did not think things would come together this quickly but they are… There is so much happening right now…this is exciting and it’s all starting to come together…sooner then we may have thought.
6-5-2020 Newshound Guru Kaperoni A couple of great news articles this week... 1 an opinion piece on changing the dinar exchange rate. The other seems to be recommendations from the parliamentary finance committee today including floating the dinar.
6-5-2020 Newshound/Intel Guru Mnt Goat ...they are now actually openly debating all the options as to what to do to save the economy of Iraq. Part of these discussions does include ending the currency auctions and the possibility of a “float” but, as we can see, they mean a float against other global currencies. You can’t float the dinar against just the US dollar as it is now solely pegged just to the US dollar. This is now a “fixed” rate. So the discussions evolved around a drastic change. By the way the CBI has already announced it WILL NOT devalue the dinar as a solution...
6-5-2020 Newshound Guru MilitiaMan Article: "After Coming Under Heavy Criticism...The Central Bank Stops The Currency Auction" Now add in the meeting with Alak and the President on financial ongoing's. Then think about the upcoming meetings to vote on Cabinet, then add in the ISX is scheduled to open again on Sunday, then there is the SFA for the 10th - 11th. All the talk about the borders, taxes & tarrifs, fees all being electronic, the contracts adjusting for shipping costs by 07/01/2020 need to be in place by then. Those things need an international rate and pronto!! The convergence is astonishing! imo ...
6-4-2020 Intel Guru Footforward ...at this point...In my opinion, this should happen in June. They want to do a ton of things economically July 1, and they need an RV for all of it
6-4-2020 Newshound Guru Adam Montana These topics will get you up to speed on "the rest of the story" quickly:
1. Kazemi-Kazammi is not a Kurd, he's not "one of them", but the Kurds are supporting him. This has monumental potential:
2. Iran has lost their power. The "Iran factor" that has held Iraq back in the past is just that... the past.
3. Kazzami has reportedly made his picks, and Parliament should rubber stamp them next week. This is progress...They may not vote every one of them in, but 80% will be enough to move forward.
4. ...Parliament is working...
Life is good, things in the desert look positive...
6-4-2020 Intel Guru MarkZ [via PDK] Iraqi contacts are still looking for Saturday Morning and still believe we are right in the middle of it. One contact is diplomatic and one works in the finance ministry. A couple contacts are business contractors…one from Australia , and they are working in Iraq. [Are you looking for RV tomorrow?] Not tomorrow… I am looking at the next days or week or two… Things are definitely ramping up.
6-4-2020 Intel Guru Footforward RV won't ever be on a Friday...Not in Iraq...Friday is their Holy Day there. Nothing happens on that day. [so what is a good day for the VND?] ...really any day. Likely not a Friday either...
6-4-2020 Newshound Guru Jeff ...there's two things they got to do for the rate change. - 7 ministers of the cabinet. - Complete that agreement with Kurdistan and sign off on it. They're most likely to complete those the same week. The reason why they didn't do it today, it's real simple. It's because they have a rate change date already set and scheduled. It's done...the last remaining items they're theoretically the linchpin for the rate change. What they're going to do is finish these items in closer proximity to the timing of the rate change...when you see these items they are confirmation that the rate change is about to happen...you're right on the edge of the rate change. This rate change is not going into July. It's happening in the second half of June. The date is right in front of your eyes.
6-4-2020 Newshound Guru Adam Montana ...After a series of unsuccessful attempts at appointing a Prime Minister, Kazemi (RV Kazammy!!!) is approaching only two short months in office, but he's seriously kicking butt! We don't have an HCL agreement (yet), so we don't have an RV. But we are getting close. Kazammi is possibly the first political figure in a position to have a real chance at getting the HCL to pass. One of the reasons is stated on Wikipedia fairly well: Quote: "Al-Kadhimi was a vocal opponent to the dictatorship of the Saddam Hussein regime.[3] He left Iraq in 1985 to Iran then Germany and settled in United Kingdom and lived in exile for several years, yet is not affiliated with any of the Iraqi political parties." The HCL is a VERY polarized topic. In order for it to come together, a couple of opposing parties have to agree on it... and a neutral party as mediator is the best way to go. That's our guy Kazzami!
6-4-2020 Intel Guru MarkZ [Iraq also said yesterday they were going to not float the new rate. that would manage it.] that is how I understand it. Managed and not float. Fixed to an asset standard. That is a good indicator for us.
6-4-2020 Newshound Guru Adam Montana These topics will get you up to speed on "the rest of the story" quickly:
1. Kazemi-Kazammi is not a Kurd, he's not "one of them", but the Kurds are supporting him. This has monumental potential:
2. Iran has lost their power. The "Iran factor" that has held Iraq back in the past is just that... the past.
3. Kazzami has reportedly made his picks, and Parliament should rubber stamp them next week. This is progress...They may not vote every one of them in, but 80% will be enough to move forward.
4. ...Parliament is working...
Life is good, things in the desert look positive...
6-4-2020 Intel Guru MarkZ [via PDK] Iraqi contacts are still looking for Saturday Morning and still believe we are right in the middle of it. One contact is diplomatic and one works in the finance ministry. A couple contacts are business contractors…one from Australia , and they are working in Iraq. [Are you looking for RV tomorrow?] Not tomorrow… I am looking at the next days or week or two… Things are definitely ramping up.
6-4-2020 Intel Guru Footforward RV won't ever be on a Friday...Not in Iraq...Friday is their Holy Day there. Nothing happens on that day. [so what is a good day for the VND?] ...really any day. Likely not a Friday either...
6-4-2020 Newshound Guru Jeff ...there's two things they got to do for the rate change. - 7 ministers of the cabinet. - Complete that agreement with Kurdistan and sign off on it. They're most likely to complete those the same week. The reason why they didn't do it today, it's real simple. It's because they have a rate change date already set and scheduled. It's done...the last remaining items they're theoretically the linchpin for the rate change. What they're going to do is finish these items in closer proximity to the timing of the rate change...when you see these items they are confirmation that the rate change is about to happen...you're right on the edge of the rate change. This rate change is not going into July. It's happening in the second half of June. The date is right in front of your eyes.
6-4-2020 Newshound Guru Adam Montana ...After a series of unsuccessful attempts at appointing a Prime Minister, Kazemi (RV Kazammy!!!) is approaching only two short months in office, but he's seriously kicking butt! We don't have an HCL agreement (yet), so we don't have an RV. But we are getting close. Kazammi is possibly the first political figure in a position to have a real chance at getting the HCL to pass. One of the reasons is stated on Wikipedia fairly well: Quote: "Al-Kadhimi was a vocal opponent to the dictatorship of the Saddam Hussein regime.[3] He left Iraq in 1985 to Iran then Germany and settled in United Kingdom and lived in exile for several years, yet is not affiliated with any of the Iraqi political parties." The HCL is a VERY polarized topic. In order for it to come together, a couple of opposing parties have to agree on it... and a neutral party as mediator is the best way to go. That's our guy Kazzami!
6-4-2020 Intel Guru MarkZ [Iraq also said yesterday they were going to not float the new rate. that would manage it.] that is how I understand it. Managed and not float. Fixed to an asset standard. That is a good indicator for us.
6-3-2020 Newshound Guru Pimpy ...there are a lot of reason to be excited about this month...I'm noticing that the other so-called gurus some of them are already making excuses saying...it's the riots. It's just gonna be one excuse after another. Someone asked me, 'do you think all these things are happening to prevent the exchange from changing?' I don't think one has to do with the other. But if I was Trump and I wanted to quickly squash all the rioting and get everybody happy again - make the rate change happen. That would definitely be a distraction from everything that's going on. We are in June now. We are in the summer months. We're going into the second half of the year. Trump promised us a good third quarter and even more explosive fourth quarter and a better 2021. We're all expecting the same thing and that is to see a rate change...
6-3-2020 Guest Guru Petra ...clearly to me there is a change going on in the process with the Iraqi dinar...it's all culminating to what we're seeing right now and that is the imminent change of the Iraqi Dinar. To me it's very clear.
6-3-2020 Intel Guru Bruce ...I don’t think this is going to go on for too long...it’s close and we should be there either Wednesday/Thursday...Yesterday we had the green light from the IMF...Now – if we get that so called green light – from that final agency – then we should be good to go – either tomorrow [Wednesday] or Thursday – Obviously the best day that we could go would be on a Wednesday – that is the day Kuwait revalued – back in the 90’s – and we think that would be the best and I think the Iraqi’s would like to see it happen on Wednesday as well... we don’t have a start time on it – we have a “tentative” start time over the next couple of days – depending upon the full blown release of security to begin... IMF is ready to go – other institutions ready - we are now on as of ...1st of June completely on the Quantum financial system - away from the Swift System – it’s all good...
6-3-2020 Intel Guru MarkZ [via PDK] I am still hearing that tonight is still the expectation from the banking and government side...I still feel there is not enough safety...I hope the government and banking sources are right and I am wrong. [So is this the week?] if you listen to my banking and government sources they swear this is the week. Even my Iraq contacts believe this is the week...they are printing Lower denominations and educating the people…while they get rid of auctions... Keep in mind that literally the morning before they revalued - Kuwait told us it would be years before they could revalue...
6-3-2020 Intel Guru Delta ...this is what the media is telling everybody in Iraq right now...they're about to come out with a new exchange rates...they're going to implement the financial reforms and currency reforms and they're going to change the exchange rate of the IQD...it doesn't get more crystal clear than this...
6-3-2020 Newshound Guru Breitling ...Iraq is so on the edge of adding value to their currency. I'm waiting for more information coming in.
6-3-2020 Newshound Guru Pimpy ...I can't help but be impressed with the speed and due diligence of al-Kazemi. He's really doing what he needs to do to make sure that Iraq is becoming stable and preparing for the future. It's really impressive... What happens in the middle of this month? Yes that's right the big meeting is going to take place therefor we must have all our ducks in a row and I absolutely feel positive that the cabinet will be completed before Americans show up...not only is he filling his cabinet but he's passing laws. This guy is unbelievable!
6-3-2020 Newshound Guru MilitiaMan Article: "The government is preparing to issue a new reform package mid this week" Wednesday there is to be meetings on the Laws needed for many things that include Laws for Monetary Reforms. I suspect that since they have been talking about the 2019 FMLA and the secondary markets it will be a day to watch close. ...the reforms need the international rate to be applied to the currency to facilitate the ability for the IQD and the ISX to interlink internationally...
6-3-2020 Intel Guru Frank26 ...we told you there would be a trickling of information down to the citizens. They're talking to the citizens on television about the exchange rate. Adding value to their currency...information is flowing very rapidly right now ladies and gentlemen. I mean it's just as obvious as can be...
6-3-2020 Guest Guru Petra ...clearly to me there is a change going on in the process with the Iraqi dinar...it's all culminating to what we're seeing right now and that is the imminent change of the Iraqi Dinar. To me it's very clear.
6-3-2020 Intel Guru Bruce ...I don’t think this is going to go on for too long...it’s close and we should be there either Wednesday/Thursday...Yesterday we had the green light from the IMF...Now – if we get that so called green light – from that final agency – then we should be good to go – either tomorrow [Wednesday] or Thursday – Obviously the best day that we could go would be on a Wednesday – that is the day Kuwait revalued – back in the 90’s – and we think that would be the best and I think the Iraqi’s would like to see it happen on Wednesday as well... we don’t have a start time on it – we have a “tentative” start time over the next couple of days – depending upon the full blown release of security to begin... IMF is ready to go – other institutions ready - we are now on as of ...1st of June completely on the Quantum financial system - away from the Swift System – it’s all good...
6-3-2020 Intel Guru MarkZ [via PDK] I am still hearing that tonight is still the expectation from the banking and government side...I still feel there is not enough safety...I hope the government and banking sources are right and I am wrong. [So is this the week?] if you listen to my banking and government sources they swear this is the week. Even my Iraq contacts believe this is the week...they are printing Lower denominations and educating the people…while they get rid of auctions... Keep in mind that literally the morning before they revalued - Kuwait told us it would be years before they could revalue...
6-3-2020 Intel Guru Delta ...this is what the media is telling everybody in Iraq right now...they're about to come out with a new exchange rates...they're going to implement the financial reforms and currency reforms and they're going to change the exchange rate of the IQD...it doesn't get more crystal clear than this...
6-3-2020 Newshound Guru Breitling ...Iraq is so on the edge of adding value to their currency. I'm waiting for more information coming in.
6-3-2020 Newshound Guru Pimpy ...I can't help but be impressed with the speed and due diligence of al-Kazemi. He's really doing what he needs to do to make sure that Iraq is becoming stable and preparing for the future. It's really impressive... What happens in the middle of this month? Yes that's right the big meeting is going to take place therefor we must have all our ducks in a row and I absolutely feel positive that the cabinet will be completed before Americans show up...not only is he filling his cabinet but he's passing laws. This guy is unbelievable!
6-3-2020 Newshound Guru MilitiaMan Article: "The government is preparing to issue a new reform package mid this week" Wednesday there is to be meetings on the Laws needed for many things that include Laws for Monetary Reforms. I suspect that since they have been talking about the 2019 FMLA and the secondary markets it will be a day to watch close. ...the reforms need the international rate to be applied to the currency to facilitate the ability for the IQD and the ISX to interlink internationally...
6-3-2020 Intel Guru Frank26 ...we told you there would be a trickling of information down to the citizens. They're talking to the citizens on television about the exchange rate. Adding value to their currency...information is flowing very rapidly right now ladies and gentlemen. I mean it's just as obvious as can be...
6-2-2020 Guest Guru Petra ...Fantastic news. Its coming together in a culmination of education. The fact that they're under curfew and then what do they [Iraqi citizens] do? They sit and watch TV. What else are they gonna do? And they hear a presentation like that informing them on what's coming [Reference Guru Delta's Post 6-2-2020]. It's all part of the process. It's all part of the fact that they're kind of forcing education on them. I still think they need some time to ask questions and to go in and do their exchanging if they wanted with the new smaller category notes when those come out. I think all this information is great...
6-2-2020 Intel Guru Delta ...everybody knows I watch...the Iraqi channel. I speak the language. That's old news for you...there was this information coming up from Iraq channels and the Central Bank of Iraq they're coming out with new rates and the new rate is going to be...managed, not float. Then last night one of the financial committee of the parliament...he had an hour and half interview with one of the major Iraqi channels...it is just amazing...he mentions...that they're going to change the exchange rate. I know some of you might ask, 'Did they say that on live TV?' Of course they said that. There's no secret anymore that they need to change that...this is unbelievable!...I'm not exaggerating. No.
6-2-2020 Newshound Guru MilitiaMan Article: "Political movement to choose a foreign minister before the strategic dialogue with Washington" Quote: "Prime Minister Mustafa Al-Kazemi wants to complete the vacant ministries as soon as possible, indicating that the delay is due to deep differences between the political blocs" There you go... The pressure is on and and big time. The 10th is not far off. imo They need time for the minister to see the files that they will discuss at the SFA meeting... More good stuff for us... imo...
6-2-2020 Newshound/Intel Guru Mnt Goat I am still hearing from the CBI that they fully intend to complete the project to delete the zeros and do it much sooner than later. But I have no official article or announcements yet from the CBI in this regard. I was told we should see some announcement soon of the progress and what they intend to do next. We still wait for this from the CBI. It is supposed to come out this week.
6-2-2020 Intel Guru MarkZ [via PDK] What I am hearing is Reno banking contacts swear that things are indeed moving…and that we will see the fruition by tomorrow night midnight their time. I am still not seeing enough disclosure in my book…but I hope they are correct. Government sources are saying Wednesday is the “go” . I hope they are correct and the banking side is right. My Iraqi sources...i have 3 on the ground…have great chatter…they are looking for something between now and Saturday morning. ...I know I was looking for June 1st…it did not come to fruition…I do not think we are far out…
6-2-2020 Newshound Guru Pimpy ...There's a lot of things happening in Iraq that I can't help to think to myself I'm not sure how they're gonna do these things or how any of these are gonna be possible without having a currency that's not recognized internationally. I just don't know how some of these agreements that they're getting into are going to be able to be fulfilled without having their currency rate changed or at least recognized internationally. There is some type of conference that's coming up in July where they open up to the rest of the world to come on in and think about investing into Iraq. There is going to be a plethora of nations invited and I have a feeling you're gonna see a lot of them come. Having said that it's gonna be really hard for this to be accomplished if they don't have a currency that's recognizable internationally...
6-2-2020 Newshound Guru MilitiaMan Article: "The government is preparing to issue a new reform package mid this week" Wednesday there is to be meetings on the Laws needed for many things that include Laws for Monetary Reforms. I suspect that since they have been talking about the 2019 FMLA and the secondary markets it will be a day to watch close. ...the reforms need the international rate to be applied to the currency to facilitate the ability for the IQD and the ISX to interlink internationally...
6-2-2020 Newshound Guru Kaperoni As for the dinar's value, it is not at a program rate. That is guru's taking a directive from the IMF and misrepresenting that meaning. The dinar exchange rate is it's real rate... The currency is already an internationally-recognized currency they just haven't accepted IMF Article VIII making international banks more willing to want to engage in commerce with it.
6-2-2020 Intel Guru Delta ...everybody knows I watch...the Iraqi channel. I speak the language. That's old news for you...there was this information coming up from Iraq channels and the Central Bank of Iraq they're coming out with new rates and the new rate is going to be...managed, not float. Then last night one of the financial committee of the parliament...he had an hour and half interview with one of the major Iraqi channels...it is just amazing...he mentions...that they're going to change the exchange rate. I know some of you might ask, 'Did they say that on live TV?' Of course they said that. There's no secret anymore that they need to change that...this is unbelievable!...I'm not exaggerating. No.
6-2-2020 Newshound Guru MilitiaMan Article: "Political movement to choose a foreign minister before the strategic dialogue with Washington" Quote: "Prime Minister Mustafa Al-Kazemi wants to complete the vacant ministries as soon as possible, indicating that the delay is due to deep differences between the political blocs" There you go... The pressure is on and and big time. The 10th is not far off. imo They need time for the minister to see the files that they will discuss at the SFA meeting... More good stuff for us... imo...
6-2-2020 Newshound/Intel Guru Mnt Goat I am still hearing from the CBI that they fully intend to complete the project to delete the zeros and do it much sooner than later. But I have no official article or announcements yet from the CBI in this regard. I was told we should see some announcement soon of the progress and what they intend to do next. We still wait for this from the CBI. It is supposed to come out this week.
6-2-2020 Intel Guru MarkZ [via PDK] What I am hearing is Reno banking contacts swear that things are indeed moving…and that we will see the fruition by tomorrow night midnight their time. I am still not seeing enough disclosure in my book…but I hope they are correct. Government sources are saying Wednesday is the “go” . I hope they are correct and the banking side is right. My Iraqi sources...i have 3 on the ground…have great chatter…they are looking for something between now and Saturday morning. ...I know I was looking for June 1st…it did not come to fruition…I do not think we are far out…
6-2-2020 Newshound Guru Pimpy ...There's a lot of things happening in Iraq that I can't help to think to myself I'm not sure how they're gonna do these things or how any of these are gonna be possible without having a currency that's not recognized internationally. I just don't know how some of these agreements that they're getting into are going to be able to be fulfilled without having their currency rate changed or at least recognized internationally. There is some type of conference that's coming up in July where they open up to the rest of the world to come on in and think about investing into Iraq. There is going to be a plethora of nations invited and I have a feeling you're gonna see a lot of them come. Having said that it's gonna be really hard for this to be accomplished if they don't have a currency that's recognizable internationally...
6-2-2020 Newshound Guru MilitiaMan Article: "The government is preparing to issue a new reform package mid this week" Wednesday there is to be meetings on the Laws needed for many things that include Laws for Monetary Reforms. I suspect that since they have been talking about the 2019 FMLA and the secondary markets it will be a day to watch close. ...the reforms need the international rate to be applied to the currency to facilitate the ability for the IQD and the ISX to interlink internationally...
6-2-2020 Newshound Guru Kaperoni As for the dinar's value, it is not at a program rate. That is guru's taking a directive from the IMF and misrepresenting that meaning. The dinar exchange rate is it's real rate... The currency is already an internationally-recognized currency they just haven't accepted IMF Article VIII making international banks more willing to want to engage in commerce with it.
6-1-2020 Intel Guru MarkZ [via PDK] [Any news from your Government contacts?] No…and that’s actually where I am looking for news all day today…. After they allowed bankers to sit there all weekend without an explanation, I started contacting all my government contacts…even some I havn’t talked to in a while...
6-1-2020 Newshound/Intel Guru Mnt Goat Article: "THE NATIONAL: SENIOR IRAQI OFFICIAL LAYS OUT JUST HOW BAD IS COUNTRY’S FINANCES" So again we hear news about the necessity for Iraq to bring in investors and move to a private sector economy, taking pressure off the GOI to pay out these salaries each month. Why not let the private sector pay these salaries? But this will not come unless the investors flock in and this will not happen until they know that Iraq has a stable, global currency that can be easily exchangeable to their own currency of their country. When will Iraq reform their currency and get out of this program rate and 3 zero notes? They have gotten so used to surviving off the US dollar now it is hard to move from it.
6-1-2020 Intel Guru MarkZ [via PDK] [Is the RV real?] Absolutely…IMO…and also in the opinions of the bankers who are prepared for it…no part of me questions whether or not it is real.
6-1-2020 Newshound Guru MilitiaMan Article: "Al-Nusairi: Iraqi-Gulf economic ties are a step in the right direction for Iraq to return to its Arab depth" They have been vocal in recent past per [Guru] Delta (iho) that they have opened the ITB in SA yet, as they are like every one else, they need an international rate to deal with... Looks like the game is at the 2 minute warning now... imo... They are talking about internal and external banking that interlink with each other... They know what to expect by now... imo... Oh ya! It is not a program rate. They are talking on TV a rate change is coming. Alak told us and have others the right thing to do is not devalue the currency but to give value to it...imo! That is exactly what they are going to do...imo.
6-1-2020 Intel Guru MarkZ [via PDK] [...we've always been told that we need distractions to RV...Riots would be a great distraction while we redeem...] They would be a great distraction and hopefully that is what we will see. ...We need something huge to get out of all of this…..wouldn't an RV be good about now. We have been told all along it was going to get ugly at the end…
6-1-2020 Newshound Guru MilitiaMan Article: "Newspaper: Iraqi-American negotiations will start on June 10" I have a strong feeling they will need to have things sorted MR [Monetary Reform ?] wise prior to the meeting beginning on the 10th. They have a minster they need to place too, prior to that. It looks as that may be slated for Wednesday too. imo The convergence of many things of late is by no coincidence. ...ECONOMIC is to be a main focus in the future, imo...
6-1-2020 Intel Guru Footforward [Does anyone have any more info on the potential CBI satellite banks?] this is something frank [Guru Frank26] likely has the inside track on. This has never been talked about with my contacts. But I don't doubt it's validity...Frank by far has the best contacts in Iraq. That would hardly be surprising... [reference Guru Footforward post 5-31-2020]
6-1-2020 Newshound Guru MilitiaMan Article: "The Stock Exchange announces postponing its sessions until next week" Fascinating they kicked the can down the road again... Allows for any necessary adjustments that may come their way? lol Yep, imo... With the CBIESD site still showing a massive change to the ISX Indice the chances of them coming back again at a program rate seem to be a no way situation, imo.. From today through June 4th. That is Thursday... Man things look good for us. If they need to notify people, from now through next Saturday could be a very interesting time to do so... If need be... imo
6-1-2020 Newshound/Intel Guru Mnt Goat Article: "THE NATIONAL: SENIOR IRAQI OFFICIAL LAYS OUT JUST HOW BAD IS COUNTRY’S FINANCES" So again we hear news about the necessity for Iraq to bring in investors and move to a private sector economy, taking pressure off the GOI to pay out these salaries each month. Why not let the private sector pay these salaries? But this will not come unless the investors flock in and this will not happen until they know that Iraq has a stable, global currency that can be easily exchangeable to their own currency of their country. When will Iraq reform their currency and get out of this program rate and 3 zero notes? They have gotten so used to surviving off the US dollar now it is hard to move from it.
6-1-2020 Intel Guru MarkZ [via PDK] [Is the RV real?] Absolutely…IMO…and also in the opinions of the bankers who are prepared for it…no part of me questions whether or not it is real.
6-1-2020 Newshound Guru MilitiaMan Article: "Al-Nusairi: Iraqi-Gulf economic ties are a step in the right direction for Iraq to return to its Arab depth" They have been vocal in recent past per [Guru] Delta (iho) that they have opened the ITB in SA yet, as they are like every one else, they need an international rate to deal with... Looks like the game is at the 2 minute warning now... imo... They are talking about internal and external banking that interlink with each other... They know what to expect by now... imo... Oh ya! It is not a program rate. They are talking on TV a rate change is coming. Alak told us and have others the right thing to do is not devalue the currency but to give value to it...imo! That is exactly what they are going to do...imo.
6-1-2020 Intel Guru MarkZ [via PDK] [...we've always been told that we need distractions to RV...Riots would be a great distraction while we redeem...] They would be a great distraction and hopefully that is what we will see. ...We need something huge to get out of all of this…..wouldn't an RV be good about now. We have been told all along it was going to get ugly at the end…
6-1-2020 Newshound Guru MilitiaMan Article: "Newspaper: Iraqi-American negotiations will start on June 10" I have a strong feeling they will need to have things sorted MR [Monetary Reform ?] wise prior to the meeting beginning on the 10th. They have a minster they need to place too, prior to that. It looks as that may be slated for Wednesday too. imo The convergence of many things of late is by no coincidence. ...ECONOMIC is to be a main focus in the future, imo...
6-1-2020 Intel Guru Footforward [Does anyone have any more info on the potential CBI satellite banks?] this is something frank [Guru Frank26] likely has the inside track on. This has never been talked about with my contacts. But I don't doubt it's validity...Frank by far has the best contacts in Iraq. That would hardly be surprising... [reference Guru Footforward post 5-31-2020]
6-1-2020 Newshound Guru MilitiaMan Article: "The Stock Exchange announces postponing its sessions until next week" Fascinating they kicked the can down the road again... Allows for any necessary adjustments that may come their way? lol Yep, imo... With the CBIESD site still showing a massive change to the ISX Indice the chances of them coming back again at a program rate seem to be a no way situation, imo.. From today through June 4th. That is Thursday... Man things look good for us. If they need to notify people, from now through next Saturday could be a very interesting time to do so... If need be... imo
5-31-2020 Intel Guru Footforward ...all banks exchange dong. No banks except for Citi Bank exchange dinar right now because it's not an internationally traded currency. There is the potential for satellite banks from the CBI to be in the US...Imo the CBI would have the best rates. They are playing with house money. It costs them nothing to cash us out...Hence why there would be no income tax in that case. It literally becomes a currency swap in the truest sense... Between those, our banks and currency dealers, we will have tons of options. No bank in their right mind is going to talk about post RV right now... [Be sure to check with your tax professional at the appropriate time.]
5-31-2020 Newshound Guru Pimpy Article "Parliamentary Finance: Al-Kazemi has the powers to cancel the currency auction" ...Say what? That's right! Quote "members of the parliament finance committee confirms on Saturday that Prime Minister Kazemi owns the powers to cancel the foreign currency auctions at the central bank..." There are a lot of things going on...
5-31-2020 Newshound Guru Jeff ...this is my opinion. Nothing more. I'm strongly looking to the second half of June for a financial blessing and for Iraq to go international...
5-31-2020 Newshound Guru MilitiaMan Article: "A Kurdish deputy calls on the Minister of Finance to take steps to stop manipulating Iraqi imports from Zakho to Basra" another gem talking about implementing radical financial reforms... Radical as in the removal of three zeros and apply REER (Real Effective Exchange Rate)? That would work for me..
5-31-2020 Newshound Guru Pimpy Trump has a lot more information and a ton of advisers that know a million things more than we all do but the point being if we're just generally speaking the whole world's economy needs a kick-start. In order for us to really have a booming economy here in the United States we're going to have to rely on other countries as well to help us do that. We need to manufacture things and export them. We also need to import goods as well. So that means everyone has to start off at a level playing field. How do you make that happen? Change the rate. Why is the third quarter going to be slow? Because as the rate changes and we're doing our exchanging the economy is only starting to rebound. The true numbers will pop out in the fourth quarter as more and more people go out and shop and buy and do what they need to do...I'm with you Trump and we all agree with you. We know a way that can make sure that the third and fourth quarters as well as next year are booming. Change the rate... [Post 3 of 3]
5-31-2020 Newshound Guru Pimpy ...If you were Trump and this quarantine just killed the best economy in recorded history...and you need to kick-start your country - You need to kick-start this economy? ...Let me add in something...In order for us to have a booming economy again that means other countries have to be kicking butt too. What kind of move can Trump make that wouldn't just kick-start the economy here in the United States, [but] kick-start economies around the world? How many dinar holders do you think are worldwide? How many Vietnam dong holders are worldwide? Do you see where I'm going with this? ...If you're in this situation that we're in right now around the world...you're gonna have to throw logic out the door. You're gonna have to make a move. And what is that move? ...Reset the currencies at the proper value. Reinstate Iraq's currency rate. That's what I would do if I was Trump. [Post 2 of 3....stay tuned]
5-31-2020 Newshound Guru Pimpy ...Is Trump hinting at when the rate change will happen? ...this next week for us I think is going to be really big. People keep asking me do you think Trump is going to pull the trigger on a rate change before the election. Well yeah, that would make sense to me. With everything that's going on, if you wanted to become a "shoe in", If Trump wanted to win in a landslide he would pull the trigger on the rate change. Will he? Let's hear what trump has to say, "...I can tell you the third and fourth quarter in particular are going to be I think spectacular." Gee, really? Why is that Trump? ...What would be the reason for him to think that? We're not even out of quarantine fully yet...he's got resistance from the democrats. The liberals are keeping their states and cities on lock-down...What makes him think there's going to be a huge recovery? He knows something that the rest of the people don't know. Or does he? Or do we know what Trump knows? [Post 1 of 3....stay tuned]
5-31-2020 Intel Guru RayRen98 A CERTAIN "GURU" IS TRYING TO GET PEOPLE EXCITED FOR SOMETHING ON SUNDAY NIGHT...I HAVE "NOT" HEARD ANY SUCH THING FROM OUR BANK SOURCES. TIME WILL TELL, OR NOT. [Reference Guru Bruce post 5-29-2020]
5-31-2020 Newshound Guru Pimpy Article "Parliamentary Finance: Al-Kazemi has the powers to cancel the currency auction" ...Say what? That's right! Quote "members of the parliament finance committee confirms on Saturday that Prime Minister Kazemi owns the powers to cancel the foreign currency auctions at the central bank..." There are a lot of things going on...
5-31-2020 Newshound Guru Jeff ...this is my opinion. Nothing more. I'm strongly looking to the second half of June for a financial blessing and for Iraq to go international...
5-31-2020 Newshound Guru MilitiaMan Article: "A Kurdish deputy calls on the Minister of Finance to take steps to stop manipulating Iraqi imports from Zakho to Basra" another gem talking about implementing radical financial reforms... Radical as in the removal of three zeros and apply REER (Real Effective Exchange Rate)? That would work for me..
5-31-2020 Newshound Guru Pimpy Trump has a lot more information and a ton of advisers that know a million things more than we all do but the point being if we're just generally speaking the whole world's economy needs a kick-start. In order for us to really have a booming economy here in the United States we're going to have to rely on other countries as well to help us do that. We need to manufacture things and export them. We also need to import goods as well. So that means everyone has to start off at a level playing field. How do you make that happen? Change the rate. Why is the third quarter going to be slow? Because as the rate changes and we're doing our exchanging the economy is only starting to rebound. The true numbers will pop out in the fourth quarter as more and more people go out and shop and buy and do what they need to do...I'm with you Trump and we all agree with you. We know a way that can make sure that the third and fourth quarters as well as next year are booming. Change the rate... [Post 3 of 3]
5-31-2020 Newshound Guru Pimpy ...If you were Trump and this quarantine just killed the best economy in recorded history...and you need to kick-start your country - You need to kick-start this economy? ...Let me add in something...In order for us to have a booming economy again that means other countries have to be kicking butt too. What kind of move can Trump make that wouldn't just kick-start the economy here in the United States, [but] kick-start economies around the world? How many dinar holders do you think are worldwide? How many Vietnam dong holders are worldwide? Do you see where I'm going with this? ...If you're in this situation that we're in right now around the world...you're gonna have to throw logic out the door. You're gonna have to make a move. And what is that move? ...Reset the currencies at the proper value. Reinstate Iraq's currency rate. That's what I would do if I was Trump. [Post 2 of 3....stay tuned]
5-31-2020 Newshound Guru Pimpy ...Is Trump hinting at when the rate change will happen? ...this next week for us I think is going to be really big. People keep asking me do you think Trump is going to pull the trigger on a rate change before the election. Well yeah, that would make sense to me. With everything that's going on, if you wanted to become a "shoe in", If Trump wanted to win in a landslide he would pull the trigger on the rate change. Will he? Let's hear what trump has to say, "...I can tell you the third and fourth quarter in particular are going to be I think spectacular." Gee, really? Why is that Trump? ...What would be the reason for him to think that? We're not even out of quarantine fully yet...he's got resistance from the democrats. The liberals are keeping their states and cities on lock-down...What makes him think there's going to be a huge recovery? He knows something that the rest of the people don't know. Or does he? Or do we know what Trump knows? [Post 1 of 3....stay tuned]
5-31-2020 Intel Guru RayRen98 A CERTAIN "GURU" IS TRYING TO GET PEOPLE EXCITED FOR SOMETHING ON SUNDAY NIGHT...I HAVE "NOT" HEARD ANY SUCH THING FROM OUR BANK SOURCES. TIME WILL TELL, OR NOT. [Reference Guru Bruce post 5-29-2020]
5-30-2020 Newshound Guru MilitiaMan Article: "The disclosure of a crucial agreement between Erbil and Baghdad, pending the signature of Al-Kazemi in the coming days" Looks like crunch time is upon us. This article suggest coming days, yesterday it was within hours and another one suggests 2 days. Regardless, speed is a necessity at this stage and the fact they are speaking to the ports about the new stage of financial adjustments in an article today are to be at hand now, not after the fact sometime in July. They have the most important items all in one paragraph... Budget, border crossings, customs, federal revenues, peshmerga, agriculture, etc... They even told us they have had an agreement since last December. So with the new PM and the new stage approaching, I’ll bet this time they hammer it home!! I like it!
5-30-2020 Newshound/Intel Guru Mnt Goat Article: "IRAQ PUSHES FOR RESCHEDULING OF REPARATIONS TO KUWAIT" we have been told many times that by the end of 2021 these war reparations would be repaid. Iraq has been working to pay them off but now they have to halt these payments for some time. I am told this will not effect a reinstatement since the IMF is leaving any negotiations between Iraq and Kuwait between them.
5-30-2020 Newshound Guru Pimpy ...this next week coming up you're gonna see the completion of the cabinet...
5-30-2020 Newshound/Intel Guru Mnt Goat Article: "GOVERNMENTAL ADVISOR: 5 TRILLION DINARS, THE GOVERNMENT'S NEED TO SECURE SALARIES FOR NEXT JUNE" ...this article...is telling us a couple things: 1) the amount of monthly $ they need for salaries (5 trillion dinars or about 4 billion dollars); 2) they are in desperate need of money and so what will they do for the June salaries? Will they borrow again? 3) will they resort to using the CBI reserves eventually? 4) they will have to do something drastic and do it soon since the price of oil is not going to jump to $60 a barrel for a long time; 5) this situation is causing great pressure to make the necessary changes for other sources of revenue and not rely on oil revenues, something they should have done already by now and the IMF kept telling them to do it. I can see many benefits for us with the drop in oil prices too as investors. Can you see what might come next?
5-30-2020 Intel Guru Footforward [Are you still thinking sometime in June for the RV...] in my opinion ya.
5-30-2020 Newshound Guru Pimpy ...there seems to be a "full steam ahead" if you get my drift when it comes to getting Iraq positioned for whatever is getting ready to happen. Al-Kazemi, ever since he's taken over everything just started rolling...everyday there's some exciting movements going on in Iraq...this is different. This is definitely different. We're seeing a huge push from the UN as well as from the United States. We also are seeing involvement of Saudi Arabia along with Kuwait...I find it very hard for them to do any kind of real trade agreements without having their currency [in] a little bit of a different position than they're in right now. It's looking good...everything is very impressive I gotta admit. Very very impressive about Kazemi...
5-30-2020 Newshound/Intel Guru Mnt Goat Article: "IRAQ PUSHES FOR RESCHEDULING OF REPARATIONS TO KUWAIT" we have been told many times that by the end of 2021 these war reparations would be repaid. Iraq has been working to pay them off but now they have to halt these payments for some time. I am told this will not effect a reinstatement since the IMF is leaving any negotiations between Iraq and Kuwait between them.
5-30-2020 Newshound Guru Pimpy ...this next week coming up you're gonna see the completion of the cabinet...
5-30-2020 Newshound/Intel Guru Mnt Goat Article: "GOVERNMENTAL ADVISOR: 5 TRILLION DINARS, THE GOVERNMENT'S NEED TO SECURE SALARIES FOR NEXT JUNE" ...this article...is telling us a couple things: 1) the amount of monthly $ they need for salaries (5 trillion dinars or about 4 billion dollars); 2) they are in desperate need of money and so what will they do for the June salaries? Will they borrow again? 3) will they resort to using the CBI reserves eventually? 4) they will have to do something drastic and do it soon since the price of oil is not going to jump to $60 a barrel for a long time; 5) this situation is causing great pressure to make the necessary changes for other sources of revenue and not rely on oil revenues, something they should have done already by now and the IMF kept telling them to do it. I can see many benefits for us with the drop in oil prices too as investors. Can you see what might come next?
5-30-2020 Intel Guru Footforward [Are you still thinking sometime in June for the RV...] in my opinion ya.
5-30-2020 Newshound Guru Pimpy ...there seems to be a "full steam ahead" if you get my drift when it comes to getting Iraq positioned for whatever is getting ready to happen. Al-Kazemi, ever since he's taken over everything just started rolling...everyday there's some exciting movements going on in Iraq...this is different. This is definitely different. We're seeing a huge push from the UN as well as from the United States. We also are seeing involvement of Saudi Arabia along with Kuwait...I find it very hard for them to do any kind of real trade agreements without having their currency [in] a little bit of a different position than they're in right now. It's looking good...everything is very impressive I gotta admit. Very very impressive about Kazemi...
5-29-2020 Newshound/Intel Guru RVAlready [it's said that when the budget is opened the rate is is in there thus...our rv!] It is a bit complex, but, from what I know, the budget does not set the rate - the rate sets the limit on the budget. CBI must set the rate first. Just a matter of which gets published first…Probably not much time between publication of each one.
5-29-2020 Intel Guru Bruce [via Dinar Wishes] ...I think what’s going to happen with Iraq – they will not actually be turned on so their rate would be seen until we give them that green light...Our Treasury actually through Pompeo - Secretary of State – will be the one to communicate that with Iraq... They are ready to go – believe me – They have been ready – I know they’ve been ready - just like we’ve been ready – you and I... Iraq should have their rate up and running in new form or fashion on Sunday – either Saturday or Sunday – and as you know – first business day in Iraq is Sunday - So we will see how that looks - and comes together...I cannot say absolutely – but I do have very good sources and very good information that is looking for a start around that Monday/Tuesday start time...I really believe that finally this is it...
5-29-2020 Newshound/Intel Guru Mnt Goat ...the reinstatement is not going to show up in the budget...There is absolutely NOTHING in the budget that is going to indicate an RV. The CBI can simply reinstate the dinar at any time and do not need a budget to do it. When the RV does happen the GOI will simply have to re-adjust and move along with it. We do know from the past the CBI would like to coordinate with the GOI and even get permission. But we see that the holdups and unresponsiveness of the GOI in the past have held up these reforms and so the CBI may very well just decide to bypass the GOI altogether and do it in desperation... don’t go the budget for answers but rather what the CBI is doing behind the scenes. So, we wait for news from the CBI and that is all we can do. I will try to contact the CBI next week and see if I can get an update from my contact...
5-29-2020 Intel Guru MarkZ [via PDK] Contacts checked in from Hong Kong, Zurich, Miami and Reno…they are all sitting at the edge of their seats with anticipation of the new system in place and announcements before Monday morning. They are looking for this thing to be completed by June 1. I don’t think they will get it out the door but we shall see...So that’s where we are at…here at the edge of our seats.
5-29-2020 Newshound/Intel Guru Mnt Goat So where are we in the progression to get the revaluation and reinstatement of the Iraqi dinar? Like I keep telling everyone we are concerned about the “reinstatement” of the Iraqi dinar on FOREX in a tradable format. To bring this about the CBI will have to delete the zeros from the currency. This is when we go to the bank and not before. ...So far, the CBI has been very quiet on this topic of the “project to delete the zeros”. ...the CBI in the past usually gives at least a monthly update on the project? Now we have not heard anything for nearly 6+ months...They have told me over and over again that they fully intend to keep the Iraq citizens informed of this event. They have kept their promise in the past and I don’t see why they would clam up now. ...There is so much evidence that Iraq is still moving ahead with their intentions of international movement in all directions including the ISX and foreign investors.
5-29-2020 Newshound/Intel Guru Mnt Goat ...Today’s news continues with the saga of Iraq and its inability to meet the June salaries... So far we see the solution for May and June’s salaries was the borrowing from within the banks of Iraq. But this is only a temporary measure...I am hoping this is a wake-up call for Iraq to now move forward with its reforms in all aspects of non-oil-based revenue generation and allowing foreign investors to comfortably come into Iraq to establish businesses. There has to be some drastic changes and the new prime minister Al-Kazemi must be the one to make them...It may seem gloomy and doomy at times but I see the plan playing out and taking shape...
5-29-2020 Intel Guru Bruce [via Dinar Wishes] ...I think what’s going to happen with Iraq – they will not actually be turned on so their rate would be seen until we give them that green light...Our Treasury actually through Pompeo - Secretary of State – will be the one to communicate that with Iraq... They are ready to go – believe me – They have been ready – I know they’ve been ready - just like we’ve been ready – you and I... Iraq should have their rate up and running in new form or fashion on Sunday – either Saturday or Sunday – and as you know – first business day in Iraq is Sunday - So we will see how that looks - and comes together...I cannot say absolutely – but I do have very good sources and very good information that is looking for a start around that Monday/Tuesday start time...I really believe that finally this is it...
5-29-2020 Newshound/Intel Guru Mnt Goat ...the reinstatement is not going to show up in the budget...There is absolutely NOTHING in the budget that is going to indicate an RV. The CBI can simply reinstate the dinar at any time and do not need a budget to do it. When the RV does happen the GOI will simply have to re-adjust and move along with it. We do know from the past the CBI would like to coordinate with the GOI and even get permission. But we see that the holdups and unresponsiveness of the GOI in the past have held up these reforms and so the CBI may very well just decide to bypass the GOI altogether and do it in desperation... don’t go the budget for answers but rather what the CBI is doing behind the scenes. So, we wait for news from the CBI and that is all we can do. I will try to contact the CBI next week and see if I can get an update from my contact...
5-29-2020 Intel Guru MarkZ [via PDK] Contacts checked in from Hong Kong, Zurich, Miami and Reno…they are all sitting at the edge of their seats with anticipation of the new system in place and announcements before Monday morning. They are looking for this thing to be completed by June 1. I don’t think they will get it out the door but we shall see...So that’s where we are at…here at the edge of our seats.
5-29-2020 Newshound/Intel Guru Mnt Goat So where are we in the progression to get the revaluation and reinstatement of the Iraqi dinar? Like I keep telling everyone we are concerned about the “reinstatement” of the Iraqi dinar on FOREX in a tradable format. To bring this about the CBI will have to delete the zeros from the currency. This is when we go to the bank and not before. ...So far, the CBI has been very quiet on this topic of the “project to delete the zeros”. ...the CBI in the past usually gives at least a monthly update on the project? Now we have not heard anything for nearly 6+ months...They have told me over and over again that they fully intend to keep the Iraq citizens informed of this event. They have kept their promise in the past and I don’t see why they would clam up now. ...There is so much evidence that Iraq is still moving ahead with their intentions of international movement in all directions including the ISX and foreign investors.
5-29-2020 Newshound/Intel Guru Mnt Goat ...Today’s news continues with the saga of Iraq and its inability to meet the June salaries... So far we see the solution for May and June’s salaries was the borrowing from within the banks of Iraq. But this is only a temporary measure...I am hoping this is a wake-up call for Iraq to now move forward with its reforms in all aspects of non-oil-based revenue generation and allowing foreign investors to comfortably come into Iraq to establish businesses. There has to be some drastic changes and the new prime minister Al-Kazemi must be the one to make them...It may seem gloomy and doomy at times but I see the plan playing out and taking shape...
5-28-2020 Intel Guru MarkZ [Did Trump sign off on the RV last week...] ...I hope he did but have not seen any evidence that this happened.
5-28-2020 Newshound Guru MilitiaMan Article: "What does it mean to reduce the Iraqi dinar price against the dollar? .. An economist answers" Gotta love the education they are doing. The explanation of the choices both good and bad..They will make the right choice and they have been telling us about it... the amount of countries coming into Iraq now shows that the doors are about to fully open and they are gearing for...to have the CBI share with the world and the Iraqi's, as to what they can expect when the exchange rate changes. I suspect those that have a need to know will have been all ears by now... So I am surely liking what I have been told would come is coming...
5-28-2020 Newshound Guru Kaperoni Once again, if the dinar is ever going to appreciate it will as a result of success of the economy. Iraq needs stability, laws, and to open the private sector. Only then will the CBI float the dinar.
5-28-2020 Newshound/Intel Guru Mnt Goat "IRAQ STOCK EXCHANGE ANNOUNCED, ON SUNDAY, THAT ITS FIRST SESSION WILL BE ON SUNDAY, MAY 31" Does this article say anything about being traded on NASDAC?- NO! Does the ISX need an increase in a rate? – NO! Does the reinstatement have to take place first- NO! These are all just...rumors...It does not say anything other than a change in their trading schedule…
5-28-2020 Intel Guru MarkZ ...The expectations is we will see the new monetary system and 800 numbers before Monday morning. ...I hope they are correct...My government contacts are still looking squarely at June 1. [Remember some gurus believe in 800#s other gurus do not. Other gurus feel 800# are to be avoided for security reasons. We have over 100,000 members that will have real world experience to share - the good, the bad and the ugly of exchange - including 800# experiences. If you're not a member click the blue box above - It's free.]
5-28-2020 Newshound Guru Adam Montana The recent Iran-Turkey pipeline incident, courtesy of the PKK (Kurds), is certainly going to have an affect... particularly since Turkey seems to not want anything to do with fixing it. This incident hurts Iran more than anyone, benefits Iraq, and Turkey comes out better as well - both politically, financially, and in terms of future positioning...That also comes back full circle to the HCL...eliminating Iran from the equation is a benefit to Iraq, and the HCL will be used to ensure that the Kurds get a larger portion of these benefits. Once again, when you look at the big picture it starts to make sense "why" the RV didn't happen yet. The dominoes have been being placed, one at a time, and the HCL just might be the force that starts them moving...things are about to start happening REALLY FAST. [post 2 of 2]
5-28-2020 Newshound Guru Adam Montana The fact that Oil is returning to normal and sustainable price levels...well, that's just gravy. One other component I think we need to keep on the radar is still the HCL. While we are seeing a lot of positive news on many other fronts, the HCL seems... suspiciously quiet. ...The HCL (Hydro Carbon Law) is extremely important. It covers a few things, perhaps most importantly is the money-sharing arrangement that it provides... Oil, the Transportation of Oil, the price of Oil, the intrinsic connection between Oil and Iraq's economy... this is a short list of why the HCL is important. [post 1 of 2....stay tuned]
5-28-2020 Newshound Guru MilitiaMan Article: "What does it mean to reduce the Iraqi dinar price against the dollar? .. An economist answers" Gotta love the education they are doing. The explanation of the choices both good and bad..They will make the right choice and they have been telling us about it... the amount of countries coming into Iraq now shows that the doors are about to fully open and they are gearing for...to have the CBI share with the world and the Iraqi's, as to what they can expect when the exchange rate changes. I suspect those that have a need to know will have been all ears by now... So I am surely liking what I have been told would come is coming...
5-28-2020 Newshound Guru Kaperoni Once again, if the dinar is ever going to appreciate it will as a result of success of the economy. Iraq needs stability, laws, and to open the private sector. Only then will the CBI float the dinar.
5-28-2020 Newshound/Intel Guru Mnt Goat "IRAQ STOCK EXCHANGE ANNOUNCED, ON SUNDAY, THAT ITS FIRST SESSION WILL BE ON SUNDAY, MAY 31" Does this article say anything about being traded on NASDAC?- NO! Does the ISX need an increase in a rate? – NO! Does the reinstatement have to take place first- NO! These are all just...rumors...It does not say anything other than a change in their trading schedule…
5-28-2020 Intel Guru MarkZ ...The expectations is we will see the new monetary system and 800 numbers before Monday morning. ...I hope they are correct...My government contacts are still looking squarely at June 1. [Remember some gurus believe in 800#s other gurus do not. Other gurus feel 800# are to be avoided for security reasons. We have over 100,000 members that will have real world experience to share - the good, the bad and the ugly of exchange - including 800# experiences. If you're not a member click the blue box above - It's free.]
5-28-2020 Newshound Guru Adam Montana The recent Iran-Turkey pipeline incident, courtesy of the PKK (Kurds), is certainly going to have an affect... particularly since Turkey seems to not want anything to do with fixing it. This incident hurts Iran more than anyone, benefits Iraq, and Turkey comes out better as well - both politically, financially, and in terms of future positioning...That also comes back full circle to the HCL...eliminating Iran from the equation is a benefit to Iraq, and the HCL will be used to ensure that the Kurds get a larger portion of these benefits. Once again, when you look at the big picture it starts to make sense "why" the RV didn't happen yet. The dominoes have been being placed, one at a time, and the HCL just might be the force that starts them moving...things are about to start happening REALLY FAST. [post 2 of 2]
5-28-2020 Newshound Guru Adam Montana The fact that Oil is returning to normal and sustainable price levels...well, that's just gravy. One other component I think we need to keep on the radar is still the HCL. While we are seeing a lot of positive news on many other fronts, the HCL seems... suspiciously quiet. ...The HCL (Hydro Carbon Law) is extremely important. It covers a few things, perhaps most importantly is the money-sharing arrangement that it provides... Oil, the Transportation of Oil, the price of Oil, the intrinsic connection between Oil and Iraq's economy... this is a short list of why the HCL is important. [post 1 of 2....stay tuned]
5-27-2020 Intel Guru Bruce [via WiserNow] Now we thought last Thursday...that the earliest we would go was going to be today [Tuesday]... Now...we didn’t go today....we did not get the toll free numbers to start today... there is still clean up at our tier 1 banks...and it’s been happening over the last 3-4 days...in the morning [Wednesday] – the banks are supposed to be completely purged of anything considered harmful to us in terms of personnel...Let’s expect that the bank screens are going to reflect the accurate rates – and we’re not going to talk about rates...I was just thinking that Sunday night when the Forex comes back up and the trading begins – everything is set and ready to go from that point of view...I hope this is our week...things look like it could be – it could be the next couple of days...
5-27-2020 Newshound/Intel Guru Mnt Goat Article: "THE HOUSE OF REPRESENTATIVES AND BY AN ABSOLUTE MAJORITY TO GIVE CONFIDENCE TO THE PRIME MINISTER AND MEMBERS OF THE MINISTERS AND THEIR SWEARING-IN" the three most important are now filled and not by proxy anymore...the Ministry of Defense...Minister of Interior...Minister of Finance...Let’s get to work!!!
5-27-2020 Newshound Guru Adam Montana A key part of the "more" is the Iraqi Budget, which is looming on the horizon. The Budget is a big deal, but do NOT expect to see an RV rate in it - in fact, I place very little importance on the Budget numbers. What IS important and relevant is a successful conclusion and announcement of the Budget. That can only happen when the bobbleheads in Parliament actually meet, pull out their pens, and sign the agreement. When that happens, it shows that Iraq is doing something positive, moving forward, and clearing the table for bigger items. [post 2 of 2]
5-27-2020 Newshound Guru Adam Montana Lots of talk lately about the new PM (KaZAMi-Kablammie-Kademi-KaJustRValready!), exchange rate talk, the US pulling out of Iraqi bases, and of course - "more". There was a time when there wasn't much "more", but lately things are picking up steam - Parliament blazing through tasks, the newly appointed PM seems to almost have entered the scene un-noticed...the fact that Kazammie is still in office, with no reports of (major) riots or protests, is an indicator that he could be "the one". [post 1 of 2....stay tuned]
5-27-2020 Intel Guru MarkZ [via PDK] ...no new rate in Iraq. Just lots of chatter and BS. Reality is nothing happened in the banking industry...They have to reset…it is inevitable. IMO if we are going to see the reset on June 1st...Something needs to break hard and heavy in the next 1 to 2 days...
5-27-2020 Newshound/Intel Guru Mnt Goat I quote- “It is not in the interest of the financial system to raise the exchange rate of the dollar because it will lead to a decrease in the Iraqi dinar price and a decrease in purchasing power and will lead to inflation,” noting that “the classes with limited income and those with salaries will be the first affected by this decision”. This was taken right out of an article by Parliamentary Finance Committee member, Ahmed Al-Saffar, on Wednesday (May 20, 2020). I would trust and respect his comments much more than the corrupt parliament member comments (and others) that are coming out that say just the opposite. So relax. This financial crisis could lead to Iraq raising the value of the dinar in the long run.
5-27-2020 Newshound Guru Jeff ...There's really only 3 things in the news right now. The first would be Kurdistan and Baghdad to resolve their differences. The 2nd one would be the completing of the government - the last 7 remaining ministers and then the 3rd one is all the economic articles. That's it...so what they're telling you here is the two items - Kurdistan trying to resolve their differences with Baghdad and the 2nd one completing the formation of government...they're telling you what their delay is before they can launch their economy. It doesn't get any more cut and dry and simplified than that. They're telling you what the delay is. They're saying, 'hey Kurdistan has to reach an agreement with Baghdad and Baghdad has to get the last 7 ministers in there.' They're telling you what the delays are before they can launch the economy. That's why now they're talking about the economy around those items. That simple. That's what you're waiting on...
5-27-2020 Newshound/Intel Guru Mnt Goat Article: "THE HOUSE OF REPRESENTATIVES AND BY AN ABSOLUTE MAJORITY TO GIVE CONFIDENCE TO THE PRIME MINISTER AND MEMBERS OF THE MINISTERS AND THEIR SWEARING-IN" the three most important are now filled and not by proxy anymore...the Ministry of Defense...Minister of Interior...Minister of Finance...Let’s get to work!!!
5-27-2020 Newshound Guru Adam Montana A key part of the "more" is the Iraqi Budget, which is looming on the horizon. The Budget is a big deal, but do NOT expect to see an RV rate in it - in fact, I place very little importance on the Budget numbers. What IS important and relevant is a successful conclusion and announcement of the Budget. That can only happen when the bobbleheads in Parliament actually meet, pull out their pens, and sign the agreement. When that happens, it shows that Iraq is doing something positive, moving forward, and clearing the table for bigger items. [post 2 of 2]
5-27-2020 Newshound Guru Adam Montana Lots of talk lately about the new PM (KaZAMi-Kablammie-Kademi-KaJustRValready!), exchange rate talk, the US pulling out of Iraqi bases, and of course - "more". There was a time when there wasn't much "more", but lately things are picking up steam - Parliament blazing through tasks, the newly appointed PM seems to almost have entered the scene un-noticed...the fact that Kazammie is still in office, with no reports of (major) riots or protests, is an indicator that he could be "the one". [post 1 of 2....stay tuned]
5-27-2020 Intel Guru MarkZ [via PDK] ...no new rate in Iraq. Just lots of chatter and BS. Reality is nothing happened in the banking industry...They have to reset…it is inevitable. IMO if we are going to see the reset on June 1st...Something needs to break hard and heavy in the next 1 to 2 days...
5-27-2020 Newshound/Intel Guru Mnt Goat I quote- “It is not in the interest of the financial system to raise the exchange rate of the dollar because it will lead to a decrease in the Iraqi dinar price and a decrease in purchasing power and will lead to inflation,” noting that “the classes with limited income and those with salaries will be the first affected by this decision”. This was taken right out of an article by Parliamentary Finance Committee member, Ahmed Al-Saffar, on Wednesday (May 20, 2020). I would trust and respect his comments much more than the corrupt parliament member comments (and others) that are coming out that say just the opposite. So relax. This financial crisis could lead to Iraq raising the value of the dinar in the long run.
5-27-2020 Newshound Guru Jeff ...There's really only 3 things in the news right now. The first would be Kurdistan and Baghdad to resolve their differences. The 2nd one would be the completing of the government - the last 7 remaining ministers and then the 3rd one is all the economic articles. That's it...so what they're telling you here is the two items - Kurdistan trying to resolve their differences with Baghdad and the 2nd one completing the formation of government...they're telling you what their delay is before they can launch their economy. It doesn't get any more cut and dry and simplified than that. They're telling you what the delay is. They're saying, 'hey Kurdistan has to reach an agreement with Baghdad and Baghdad has to get the last 7 ministers in there.' They're telling you what the delays are before they can launch the economy. That's why now they're talking about the economy around those items. That simple. That's what you're waiting on...
5-26-2020 Intel Guru Frank26 ...everything is happening at an amazing fast pace, warp speed with the reinstatement of the dinar, the monetary reform itself. It's at a point right now where it's coming so fast that you can't miss it...
5-26-2020 Newshound/Intel Guru Mnt Goat ...We know for a FACT that if they had already accomplished this event back in 2013 or sooner...they might not be this financial mess they are in...reinstating their currency on FOREX is the cure all for Iraq’s economic problems...But having reinstated the IQD with a sound monetary policy would have helped to avoid these problems that they are now facing...They seem to be slowly leaning towards this decision... and I believe that they have already come to the conclusion they must revalue and reinstate the currency and do it prior to the July salaries coming due...We have a really good opportunity to see the reinstatement sometime in June of this year not Jan 2021...What is left now is to wait for something from the CBI and I will be totally convinced they are moving ahead and actually plan to do it this time... [post 2 of 2]
5-26-2020 Newshound/Intel Guru Mnt Goat So, we see in today’s news yet more arguments about whether to float the dinar or not. Floating the dinar is bad, but ONLY if floating is kept on the program rate and not reinstated for global trading. This is coming from the CBI not me, just so you know. So we see lots of arguments for pro and con on this subject matter but remember again they are talking about program rate only with the confines of the CBI and not on FOREX which is international. ...Will they reinstate international and then float the currency like they need to do? ...We know this has been the plan all along to float the IQD on FOREX. The IMF has already told us of the future plan to reinstate and put the IQD in a “basket of currencies”. [post 1 of 2....stay tuned]
5-26-2020 Intel Guru Delta ...great information from the Financial Minister. In his tweet he's talking about they're tying to get Iraq back to the financial status internationally. Guess what happened? He just have [gave] an executive order and he ordered the Central Bank of Iraq with other financial entities in Iraq to implement and launch that ASAP so Iraq can regain their financial status internationally...the glory days...they have to activate whatever they needed to implement from the Prime Minister and the Office of Financial Ministry...this is just amazing. This is just unbelievable...
5-26-2020 Intel Guru MarkZ [via PDK] I heard from folks in redemption centers they have been ready for about 3 weeks now. I am friends with someone who helped set up redemption centers…so yes…I do not doubt there are redemption centers…as to 800 numbers…I am told they will distribute those via a secure web link and you will get a unique 800 number to call…yes I believe these things are real. [Remember some gurus believe in 800#s other guru do not. Other gurus feel 800# are to be avoided for security reasons. We have over 100,000 members that will have real world experience to share - the good, the bad and the ugly of exchange - including 800# experiences. If you're not a member click the blue box above - It's free.]
5-26-2020 Newshound Guru MilitiaMan What it looks like is there was a notice given on the 19th. Then, moving along from that, banks are closed and a holiday ensues for five days to mark Eid Al-Fitr a time of giving. The mask of Covd-19 is in play.. Nothing like a plan-demic to hide what is in plain site. Very well orchestrated on many fronts. The one front that will usher our win, is what we await on now. imo. No turning back once one jumps from the deck! That is where they are, in the air imo...lol.
5-26-2020 Newshound Guru Kaperoni ...Before Iraq in the CBI can transition to Article VIII they must submit a request to the IMF for approval considering they are not in compliance currently...Unlikely would it be approved...the IMF has a status for each country...they are in Article XIV...
5-26-2020 Newshound/Intel Guru Mnt Goat ...We know for a FACT that if they had already accomplished this event back in 2013 or sooner...they might not be this financial mess they are in...reinstating their currency on FOREX is the cure all for Iraq’s economic problems...But having reinstated the IQD with a sound monetary policy would have helped to avoid these problems that they are now facing...They seem to be slowly leaning towards this decision... and I believe that they have already come to the conclusion they must revalue and reinstate the currency and do it prior to the July salaries coming due...We have a really good opportunity to see the reinstatement sometime in June of this year not Jan 2021...What is left now is to wait for something from the CBI and I will be totally convinced they are moving ahead and actually plan to do it this time... [post 2 of 2]
5-26-2020 Newshound/Intel Guru Mnt Goat So, we see in today’s news yet more arguments about whether to float the dinar or not. Floating the dinar is bad, but ONLY if floating is kept on the program rate and not reinstated for global trading. This is coming from the CBI not me, just so you know. So we see lots of arguments for pro and con on this subject matter but remember again they are talking about program rate only with the confines of the CBI and not on FOREX which is international. ...Will they reinstate international and then float the currency like they need to do? ...We know this has been the plan all along to float the IQD on FOREX. The IMF has already told us of the future plan to reinstate and put the IQD in a “basket of currencies”. [post 1 of 2....stay tuned]
5-26-2020 Intel Guru Delta ...great information from the Financial Minister. In his tweet he's talking about they're tying to get Iraq back to the financial status internationally. Guess what happened? He just have [gave] an executive order and he ordered the Central Bank of Iraq with other financial entities in Iraq to implement and launch that ASAP so Iraq can regain their financial status internationally...the glory days...they have to activate whatever they needed to implement from the Prime Minister and the Office of Financial Ministry...this is just amazing. This is just unbelievable...
5-26-2020 Intel Guru MarkZ [via PDK] I heard from folks in redemption centers they have been ready for about 3 weeks now. I am friends with someone who helped set up redemption centers…so yes…I do not doubt there are redemption centers…as to 800 numbers…I am told they will distribute those via a secure web link and you will get a unique 800 number to call…yes I believe these things are real. [Remember some gurus believe in 800#s other guru do not. Other gurus feel 800# are to be avoided for security reasons. We have over 100,000 members that will have real world experience to share - the good, the bad and the ugly of exchange - including 800# experiences. If you're not a member click the blue box above - It's free.]
5-26-2020 Newshound Guru MilitiaMan What it looks like is there was a notice given on the 19th. Then, moving along from that, banks are closed and a holiday ensues for five days to mark Eid Al-Fitr a time of giving. The mask of Covd-19 is in play.. Nothing like a plan-demic to hide what is in plain site. Very well orchestrated on many fronts. The one front that will usher our win, is what we await on now. imo. No turning back once one jumps from the deck! That is where they are, in the air imo...lol.
5-26-2020 Newshound Guru Kaperoni ...Before Iraq in the CBI can transition to Article VIII they must submit a request to the IMF for approval considering they are not in compliance currently...Unlikely would it be approved...the IMF has a status for each country...they are in Article XIV...
5-25-2020 Newshound Guru Pimpy When Al-Kazemi got into office I was hoping he'd be whipping butt. But I had no clue that this guy was going to accomplish what he's accomplishing and he's done it all in such a short period of time...
5-25-2020 Newshound Guru MilitiaMan Article: "The Kurdistan government approves the Baghdad proposal to settle the financial situation" We see the Kurds are in agreement with the new PM on the implementation of the FMLA of 2019..this is music to my ears. They agreed on the REER (Real Effective Exchange Rate) for the future budgets and will be in preparation for their fundamental implementation...No wonder Saudi Arabia is off and running... Word travels fast. This looks like a notification that was dated May 19th.. 1) DONE 2) DONE and 3) DONE...imo.
5-25-2020 Newshound Guru Pimpy ...when I say Iraq or Vietnam are a long term investment you're misunderstanding what I'm saying so I want to clarify this. I'm not talking about their currencies. I think the currencies are gonna change really quick here. Especially the Iraqi dinar. As a matter of fact I can make a bold suggestion and that is, our time is this year 2020. There's no doubt that the Iraqi dinar rate will change in 2020. I feel very confident about that...and then I say, 'oh these two countries you should consider longer term.' People are like oh my God pimpy is saying it's going to be 5, 10, 15 years down the road for their currencies. No. I'm not talking about the currencies...I'm considering Iraq and Vietnam as "long term" outside of their currencies. As long term investment opportunities. There's just so much growth potential there...
5-25-2020 Intel Guru Footforward [Vietnam increases reference exchange rate.] Article: "HANOI: The State Bank of Vietnam on Monday (May 25) set the daily reference exchange rate between Vietnamese dong and US dollar at 23,257 Vietnamese dong per US dollar, up 15 Vietnamese dong against the last working day of the previous week." it's telling us they have a good economy and that the dong went up less then 1/10th of a penny. It's good to hear reports of their economy but this doesn't change anything for us at the moment.
5-25-2020 Newshound Guru MilitiaMan Article: "Under royal directives, the Saudi ambassador returns to work in Baghdad" Quote: "Prime Minister Mustafa Al-Kadhemi and Minister of Finance Ali Abdel Amir Allawi, affirming the Kingdom’s concern for the unity of the Iraqi people, and the importance of cooperation with the new Iraqi government to achieve mutual interests and enhance ties Bilateral relationship between the two brotherly countries..." Looks like more of the PM hitting the ground and running!! This is also huge and supportive Iraq has agreed to be compliant and international..imo.
5-25-2020 Intel Guru Frank26 ...at any time this could happen. Don't be looking for no date. No specific time of the year. I don't care what everybody's telling you. At any time it could happen because it's an accounting process. It's all about the numbers...they tested this...they tested it in the markets - successfully. Their exchange rate was tested - successfully. What do you mean? The auctions, they shut it down and they've maintained their exchange rate... - successfully. They proved themselves. They proved themselves to be worthy to go international - to have the value to their currency lifted by the Fab 4. Therefor they are a go. They are ready to go...
5-25-2020 Newshound Guru MilitiaMan We know the CBI printed 4 trillion dinar in April. They didn't print large notes. They printed smaller increments of money. imo. We know they showed us they were destroying large amounts of perfectly good large notes. The new money is to replace the large with smalls...The education process for the new currency will come once the REER (Real Effective Exchange Rate) is exposed...They could show the new money and educate for re opening of the ISX well before they open...So, lets see what they do next. But, it sure looks like we are in a good place.. imo. [post 2 of 2]
5-25-2020 Newshound Guru MilitiaMan Article: "Finance Minister: Agreement to activate the electrical connection between Iraq and Saudi Arabia" ...The move that supports they are Article 8 compliant in business..imo They cut off Iran and Iraq's electricity dealings yesterday...The energy is now coming from Saudi Arabia. That means to me they are international in regard to doing business. The implications of that are huge...We know the plan is to become a social market economy for Iraq. That requires internationalism. Doing so requires Iraq to be article 8 compliant...From the looks of the recent agreement with Saudi Arabia, they are showing that they are now compliant, ioo. The meetings with the Finance Minister, aka Deputiy Prime Minister, has me thinking they are or may have brought or now are bringing the REER (Real Effective Exchange Rate) to the neighboring countries...imo Times are seriously getting real, imo! [post 1 of 2....stay tuned]
5-25-2020 Newshound Guru MilitiaMan Article: "The Kurdistan government approves the Baghdad proposal to settle the financial situation" We see the Kurds are in agreement with the new PM on the implementation of the FMLA of 2019..this is music to my ears. They agreed on the REER (Real Effective Exchange Rate) for the future budgets and will be in preparation for their fundamental implementation...No wonder Saudi Arabia is off and running... Word travels fast. This looks like a notification that was dated May 19th.. 1) DONE 2) DONE and 3) DONE...imo.
5-25-2020 Newshound Guru Pimpy ...when I say Iraq or Vietnam are a long term investment you're misunderstanding what I'm saying so I want to clarify this. I'm not talking about their currencies. I think the currencies are gonna change really quick here. Especially the Iraqi dinar. As a matter of fact I can make a bold suggestion and that is, our time is this year 2020. There's no doubt that the Iraqi dinar rate will change in 2020. I feel very confident about that...and then I say, 'oh these two countries you should consider longer term.' People are like oh my God pimpy is saying it's going to be 5, 10, 15 years down the road for their currencies. No. I'm not talking about the currencies...I'm considering Iraq and Vietnam as "long term" outside of their currencies. As long term investment opportunities. There's just so much growth potential there...
5-25-2020 Intel Guru Footforward [Vietnam increases reference exchange rate.] Article: "HANOI: The State Bank of Vietnam on Monday (May 25) set the daily reference exchange rate between Vietnamese dong and US dollar at 23,257 Vietnamese dong per US dollar, up 15 Vietnamese dong against the last working day of the previous week." it's telling us they have a good economy and that the dong went up less then 1/10th of a penny. It's good to hear reports of their economy but this doesn't change anything for us at the moment.
5-25-2020 Newshound Guru MilitiaMan Article: "Under royal directives, the Saudi ambassador returns to work in Baghdad" Quote: "Prime Minister Mustafa Al-Kadhemi and Minister of Finance Ali Abdel Amir Allawi, affirming the Kingdom’s concern for the unity of the Iraqi people, and the importance of cooperation with the new Iraqi government to achieve mutual interests and enhance ties Bilateral relationship between the two brotherly countries..." Looks like more of the PM hitting the ground and running!! This is also huge and supportive Iraq has agreed to be compliant and international..imo.
5-25-2020 Intel Guru Frank26 ...at any time this could happen. Don't be looking for no date. No specific time of the year. I don't care what everybody's telling you. At any time it could happen because it's an accounting process. It's all about the numbers...they tested this...they tested it in the markets - successfully. Their exchange rate was tested - successfully. What do you mean? The auctions, they shut it down and they've maintained their exchange rate... - successfully. They proved themselves. They proved themselves to be worthy to go international - to have the value to their currency lifted by the Fab 4. Therefor they are a go. They are ready to go...
5-25-2020 Newshound Guru MilitiaMan We know the CBI printed 4 trillion dinar in April. They didn't print large notes. They printed smaller increments of money. imo. We know they showed us they were destroying large amounts of perfectly good large notes. The new money is to replace the large with smalls...The education process for the new currency will come once the REER (Real Effective Exchange Rate) is exposed...They could show the new money and educate for re opening of the ISX well before they open...So, lets see what they do next. But, it sure looks like we are in a good place.. imo. [post 2 of 2]
5-25-2020 Newshound Guru MilitiaMan Article: "Finance Minister: Agreement to activate the electrical connection between Iraq and Saudi Arabia" ...The move that supports they are Article 8 compliant in business..imo They cut off Iran and Iraq's electricity dealings yesterday...The energy is now coming from Saudi Arabia. That means to me they are international in regard to doing business. The implications of that are huge...We know the plan is to become a social market economy for Iraq. That requires internationalism. Doing so requires Iraq to be article 8 compliant...From the looks of the recent agreement with Saudi Arabia, they are showing that they are now compliant, ioo. The meetings with the Finance Minister, aka Deputiy Prime Minister, has me thinking they are or may have brought or now are bringing the REER (Real Effective Exchange Rate) to the neighboring countries...imo Times are seriously getting real, imo! [post 1 of 2....stay tuned]
5-24-2020 Newshound Guru Pimpy ...there's a lot of positive juju, a positive mojo going on in the dinar community. I think all of us rightfully or wrongfully have pinned June as the magical month. Why? Man there's just too many things that seem to be pointing to June...we've got the meeting taking place in June. We got all kinds of new trade agreements that are supposed to kick in in June. So very very interesting. A lot of positive energy. We will see where that leads too. Hopefully something good. ...things are looking good. Man, something about that month of June man! I'm feeling pretty good about it...
5-24-2020 Intel Guru Frank26 ...The CBI is about to open in Saudi Arabia. I'll give you an example. Commerce Banks's. Look for those to be open first. All these Iraqi banks that we told you about. All these satellite banks you're gonna now see them coming out left and right. This is proof of the things that we have been saying - that they are Article 8...which means they raised the value of their currency. Which means they are about to make that announcement to the world...
5-24-2020 Newshound Guru Pimpy ...man there's a lot of chatter going on. I like the positive energy. I like the positive vibes...June, we know the United Nations, the IMF, the United States is gonna be coming over there. As a matter of fact Saudi Arabia is now the added portion to this meeting that's gonna take place halfway through June. This is big. It means something. There must be something big getting ready to happen. What I'm hoping is whatever is happening Saudi Arabi is going to help Iraq in a big way economically. But it's not just Saudi Arabia, Kuwait is getting in on the action too. These are two really rich countries. As we know Kuwait has one of the most valuable currencies out there. So we're gonna keep an eye on the meeting to see how it pans out...
5-24-2020 Newshound Guru Kaperoni ...as long as the currency auctions are in place the money supply cannot be reduced because part of the currency auction is a balance between dinars and dollars reducing one significantly would cause demand for the other. ...the truth is it is not about to RV. Iraq could never RV with 42 + trillion in circulation nor is it how monetary policy works. If the dinar is going to go up in value...It will go up via a float based on Iraq's prosperity. Iraq has a lot of work to do to recover from this crisis. Iraq needs to pass laws, stabilize the government, and invite foreign investors to come and participate in the private sector. Remember Iraq still needs over 50 billion dollars to rebuild infrastructure.
5-24-2020 Intel Guru Frank26 ...in Iraq their currency is now going to play fairly because they added value IMO and they stopped using the auctions and they stopped using the American Dollar...Trump said lessen your dependence on our American dollar and they did...Iran was siphoning all the money we were sending to them through the Iraqi auctions and it was supplying terrorism...they're [Iraq] getting the last parts of the monetary reform done. Trump and the Fab 4 said that that's enough time wasted. Move on it. Do it...at any moment it could happen suddenly...it's an accounting process. It's all about the numbers.
5-24-2020 Newshound Guru Pimpy Everything has been pointing toward the month of June. We don't know why. But my thing is this - The bi-weekly budget, the fact that Pompeo, the United Nations and the IMF are gonna be there in June. It doesn't mean anything I'm just saying it seems to me like it does...look, I don't know what's going on but I can't help but feel whatever is coming it's happening in June. There's a lot of things pointing out to June. There's a lot of crap happening in May but there's definitely, definitely a lot of things happening in June. They started drilling in these fields on the outskirts [of Iraq] where it's reported to have 10x the amount of oil that's already being reported in Iraq. 10 times that amount. All I keep hearing is rate change. Rate change. Rate change...
5-24-2020 Newshound Guru Adam Montana [...has the EO 13303 been signed yet?] Yes. White House Statement: "...Executive Order 13668 of May 27, 2014, must continue in effect beyond May 22, 2020. Therefore...I am continuing for 1 year the national emergency with respect to the stabilization of Iraq declared in Executive Order 13303." ...we should remember why this is in effect. From Wikipedia: "Executive Order 13303 was issued on May 22, 2003 by United States President George W. Bush to protect the Development Fund for Iraq for the rebuilding of Iraq..." ... I also think that many of us here were well aware that Trump would renew EO 13303, because even though it's been a number of years, we aren't the only ones who know the Iraqi Dinar is going to regain it's value. As for the question "What would happen on it's expiration" - that's a great question, and the answer is equally great - when the order is not renewed, it will be because Iraq has resolved it's issues and EO 13303 is simply no longer an issue. It is not a matter of "if". It is a matter of "when".
5-24-2020 Intel Guru Frank26 ...The CBI is about to open in Saudi Arabia. I'll give you an example. Commerce Banks's. Look for those to be open first. All these Iraqi banks that we told you about. All these satellite banks you're gonna now see them coming out left and right. This is proof of the things that we have been saying - that they are Article 8...which means they raised the value of their currency. Which means they are about to make that announcement to the world...
5-24-2020 Newshound Guru Pimpy ...man there's a lot of chatter going on. I like the positive energy. I like the positive vibes...June, we know the United Nations, the IMF, the United States is gonna be coming over there. As a matter of fact Saudi Arabia is now the added portion to this meeting that's gonna take place halfway through June. This is big. It means something. There must be something big getting ready to happen. What I'm hoping is whatever is happening Saudi Arabi is going to help Iraq in a big way economically. But it's not just Saudi Arabia, Kuwait is getting in on the action too. These are two really rich countries. As we know Kuwait has one of the most valuable currencies out there. So we're gonna keep an eye on the meeting to see how it pans out...
5-24-2020 Newshound Guru Kaperoni ...as long as the currency auctions are in place the money supply cannot be reduced because part of the currency auction is a balance between dinars and dollars reducing one significantly would cause demand for the other. ...the truth is it is not about to RV. Iraq could never RV with 42 + trillion in circulation nor is it how monetary policy works. If the dinar is going to go up in value...It will go up via a float based on Iraq's prosperity. Iraq has a lot of work to do to recover from this crisis. Iraq needs to pass laws, stabilize the government, and invite foreign investors to come and participate in the private sector. Remember Iraq still needs over 50 billion dollars to rebuild infrastructure.
5-24-2020 Intel Guru Frank26 ...in Iraq their currency is now going to play fairly because they added value IMO and they stopped using the auctions and they stopped using the American Dollar...Trump said lessen your dependence on our American dollar and they did...Iran was siphoning all the money we were sending to them through the Iraqi auctions and it was supplying terrorism...they're [Iraq] getting the last parts of the monetary reform done. Trump and the Fab 4 said that that's enough time wasted. Move on it. Do it...at any moment it could happen suddenly...it's an accounting process. It's all about the numbers.
5-24-2020 Newshound Guru Pimpy Everything has been pointing toward the month of June. We don't know why. But my thing is this - The bi-weekly budget, the fact that Pompeo, the United Nations and the IMF are gonna be there in June. It doesn't mean anything I'm just saying it seems to me like it does...look, I don't know what's going on but I can't help but feel whatever is coming it's happening in June. There's a lot of things pointing out to June. There's a lot of crap happening in May but there's definitely, definitely a lot of things happening in June. They started drilling in these fields on the outskirts [of Iraq] where it's reported to have 10x the amount of oil that's already being reported in Iraq. 10 times that amount. All I keep hearing is rate change. Rate change. Rate change...
5-24-2020 Newshound Guru Adam Montana [...has the EO 13303 been signed yet?] Yes. White House Statement: "...Executive Order 13668 of May 27, 2014, must continue in effect beyond May 22, 2020. Therefore...I am continuing for 1 year the national emergency with respect to the stabilization of Iraq declared in Executive Order 13303." ...we should remember why this is in effect. From Wikipedia: "Executive Order 13303 was issued on May 22, 2003 by United States President George W. Bush to protect the Development Fund for Iraq for the rebuilding of Iraq..." ... I also think that many of us here were well aware that Trump would renew EO 13303, because even though it's been a number of years, we aren't the only ones who know the Iraqi Dinar is going to regain it's value. As for the question "What would happen on it's expiration" - that's a great question, and the answer is equally great - when the order is not renewed, it will be because Iraq has resolved it's issues and EO 13303 is simply no longer an issue. It is not a matter of "if". It is a matter of "when".
5-23-2020 Intel Guru Footforward They need to make sure they have some things established with certain countries so that when they revalue they can hit the ground running. It's establishing a foundation right now. They haven't been international in so long and have had so many restrictions for so long. It's like they are wanting to make sure everything is in place now.
5-23-2020 Newshound Guru Pimpy Article: "Barzani: We have taken serious steps with Baghdad and are ready to settle with the Kazemi government". ...I have a feeling the real hold up on this rate change is what's going on between Kurdistan and Iraq. An agreement has to be reached. That's just my feeling...we should see something flowing from this agreement in June. That's what I'm hoping. We'll see.
5-23-2020 Intel Guru Frank26 ...the CBI's got a lot of little, we call them satellite banks. They're private banks. They're going to be in the United States of America. If you want to go into one of these banks in the United States and take your dinars and exchange, you can. Maybe you just want to leave as dinars in these banks in the United State...they are about to open a piñata of banks and put the CBI banks all around this planet Earth...the key thing is they had to start in the United States of America first. Why? Who do you think is launching all of this? I call him 'daddy'. 'Play fair with our currency. Stop abusing it. Lessen the usage of my dollar', says Trump. 'Raise your own currency value. Back it up yourself. Go through the process of legalities to be able to be international.'
5-23-2020 Newshound Guru Breitling ...economies are just not gonna turn on overnight and the next thing you know the demand for energy is going to go up. The energy based on covid -19 is gonna be where it's at for a while. And the policy is going to keep it [oil] at between $26 and $31. It's not going to change for Iraq overnight. They need to add value to their currency. They're stuck and broke. Whether they get into the western markets or not they need to add value to their currency...there's simply no where for them to go...
5-23-2020 Intel Guru Footforward [...question about the executive order that Trump extended...what effect does it have on the RV in your opinion] none. It's neutral. If anything it makes things easier for us.
5-23-2020 Newshound Guru Pimpy ...in the immortal words of Phil Collins 'I can feel it coming in the air at night, oh Lord '...something is going on it Iraq and I mean there is a lot of shaking and grooving going on over there. A lot of positive energy. A lot of positive vibe. If you're into that kind of thing...there is a lot of fingers pointed to a lot of stuff being settled in May and then things popping off in June. I'm not trying to give nobody no false hope or get you guys high on hopium but there is a lot of vibes pointing towards that month of June...
5-23-2020 Intel Guru Frank26 ...how many time have I told you they are Article 8 leave it alone? Here's the evidence. If you're going out in the open markets you're Article 8. The only way you're Article 8 is how? You lifted the three zeros off your currency and added value. We called it the information trickling down to the citizens of Iraq. They're about to get purchasing power...they [Iraq] are admitting to the world they are Article 8. On top of that they are admitting to the world they lifted the three zeros off their exchange rate because they have a "financial balance". Remember they were saying, 'We have an economic crisis! We have a financial crisis!' No...so get ready to see what's next that you haven't even thought about...
5-23-2020 Newshound Guru Adam Montana [...what three zeros are they likely to "drop?" The 25,000 IQD becomes 25 IQD, or .00086 valuation becomes .86?...] The shorter answer is they talk about dropping 0's all the time - some of it is misinformation, the rest is just confusing. They can drop the 0's from the exchange rate OR from the currency. One is an increase in value, the other is a lop. Another possibility that can happen simultaneously is an introduction of a new currency, concurrent usage with the currency now in circulation, and a gradual (timed) removal and expiration of the now current currency. None of those situations are bad, but two of the examples are good while the third is neutral.
5-23-2020 Newshound Guru Pimpy Article: "Barzani: We have taken serious steps with Baghdad and are ready to settle with the Kazemi government". ...I have a feeling the real hold up on this rate change is what's going on between Kurdistan and Iraq. An agreement has to be reached. That's just my feeling...we should see something flowing from this agreement in June. That's what I'm hoping. We'll see.
5-23-2020 Intel Guru Frank26 ...the CBI's got a lot of little, we call them satellite banks. They're private banks. They're going to be in the United States of America. If you want to go into one of these banks in the United States and take your dinars and exchange, you can. Maybe you just want to leave as dinars in these banks in the United State...they are about to open a piñata of banks and put the CBI banks all around this planet Earth...the key thing is they had to start in the United States of America first. Why? Who do you think is launching all of this? I call him 'daddy'. 'Play fair with our currency. Stop abusing it. Lessen the usage of my dollar', says Trump. 'Raise your own currency value. Back it up yourself. Go through the process of legalities to be able to be international.'
5-23-2020 Newshound Guru Breitling ...economies are just not gonna turn on overnight and the next thing you know the demand for energy is going to go up. The energy based on covid -19 is gonna be where it's at for a while. And the policy is going to keep it [oil] at between $26 and $31. It's not going to change for Iraq overnight. They need to add value to their currency. They're stuck and broke. Whether they get into the western markets or not they need to add value to their currency...there's simply no where for them to go...
5-23-2020 Intel Guru Footforward [...question about the executive order that Trump extended...what effect does it have on the RV in your opinion] none. It's neutral. If anything it makes things easier for us.
5-23-2020 Newshound Guru Pimpy ...in the immortal words of Phil Collins 'I can feel it coming in the air at night, oh Lord '...something is going on it Iraq and I mean there is a lot of shaking and grooving going on over there. A lot of positive energy. A lot of positive vibe. If you're into that kind of thing...there is a lot of fingers pointed to a lot of stuff being settled in May and then things popping off in June. I'm not trying to give nobody no false hope or get you guys high on hopium but there is a lot of vibes pointing towards that month of June...
5-23-2020 Intel Guru Frank26 ...how many time have I told you they are Article 8 leave it alone? Here's the evidence. If you're going out in the open markets you're Article 8. The only way you're Article 8 is how? You lifted the three zeros off your currency and added value. We called it the information trickling down to the citizens of Iraq. They're about to get purchasing power...they [Iraq] are admitting to the world they are Article 8. On top of that they are admitting to the world they lifted the three zeros off their exchange rate because they have a "financial balance". Remember they were saying, 'We have an economic crisis! We have a financial crisis!' No...so get ready to see what's next that you haven't even thought about...
5-23-2020 Newshound Guru Adam Montana [...what three zeros are they likely to "drop?" The 25,000 IQD becomes 25 IQD, or .00086 valuation becomes .86?...] The shorter answer is they talk about dropping 0's all the time - some of it is misinformation, the rest is just confusing. They can drop the 0's from the exchange rate OR from the currency. One is an increase in value, the other is a lop. Another possibility that can happen simultaneously is an introduction of a new currency, concurrent usage with the currency now in circulation, and a gradual (timed) removal and expiration of the now current currency. None of those situations are bad, but two of the examples are good while the third is neutral.
5-22-2020 Intel Guru Bruce [via WiserNow] When would we start? And the answer is...based on a call...that I got...looks like the earliest date would be Tuesday AFTER Memorial Day – May 26th...I think we do expect this to go before the end of the month...as early as Tuesday for us...We know that if everything goes according to plan – Sunday that would usually mean rates on the screens before trading globally... Tuesday afternoon – would be our start time – That is the information we have today and last night on what the planning and execution of the plans are for us...I believe everything is moving along but at a slower pace than we thought...
5-22-2020 Newshound Guru Breitling ...the CBI went to the IMF a long time ago with the parliament and said we want to get the Iraqi dinar to a $1.17... That was the proposal. That's what they wanted and the whole world knows about it. It's out there. The other part of that is the CBI can revalue their currency anytime they want without parliament saying anything...the parliament wants the CBI to add value to the currency - correctly though. They're not begging them to do it, they just want them to do it correctly. The debate is the policy on how to do that...The CBI can add value to the currency any damn time they want...it's starting to narrow down and it's kind of remarkable...
5-22-2020 Intel Guru MarkZ [via PDK] I did speak to a Reno contact early this morning…and they are expecting things in place for a Tuesday morning exchange. I hope they are right. The chatter was very impressive overnight last night. The banking side swears we will be live Tuesday morning and we will get announcements over the weekend. I say take it with a grain of salt until we see it and have money in our accounts.
5-22-2020 Newshound/Intel Guru Mnt Goat Article quote: "...the government resorted to BORROWING FROM THREE GOVERNMENT BANKS TO SECURE EMPLOYEE SALARIES FOR THE MONTHS OF MAY AND JUNE NEXT." So for now it appears the Iraq did not print any more currency or devalue the dinar. Instead they borrowed from 3 major banks to meet the employee salaries for May and June. Will oil prices rise fast enough to meet the July and onward salaries?...
5-22-2020 Intel Guru Footforward ...when I say it can't be 1.50, I must have a REALLY good reason for saying that...Look higher then that...In my opinion. I know for a fact...In Iraq I would expect they will trade USD for new lower denoms one to one. That doesn't make the rate one to one. That's all my opinion...I still believe we will see something before the end of June.
5-22-2020 Newshound Guru Jeff ...since they formed the majority of the government about two weeks ago they have had an explosion of economic articles. By doing that they were simply telling you that the launching of the economy - going international was and is waiting on the formation of the government...those articles came out immediately after they formed a majority of the government. They're blatantly telling you that the rate change of the economy is waiting on the formation of government...nothing is going to happen till they finish those last 7 ministers...That's the number one thing we're waiting on right now. Once they finish that it's game on...
5-22-2020 Newshound Guru Adam Montana There is a lot going on right now - [Mustafa al-Kadhimi] continues the surge towards seating the cabinet, and continues to be mysteriously effective in his new role. Eid al-Fitr will be up on May 24, and the few remaining posts are slated for completion shortly. ...Mustafa al-Kadhimi is also kicking butt at his job... Iran has lost a ton of ground in Iraq, ...Khadimi has done a lot to prove that he is not another Iranian sock puppet, and on the heels of the renewal of EO13303 there is even more Iranian squashing. All of that, and more, is reason to smile.
5-22-2020 Newshound Guru MilitiaMan Article: "The Council of Ministers sets the days for the Eid holiday and directs the salaries of employees and the financial crisis" There are no coincidences now. They will imo use this window to game the RI... There is a Bank Holiday come Monday in the USA and UK, too...
5-22-2020 Newshound Guru Breitling ...the CBI went to the IMF a long time ago with the parliament and said we want to get the Iraqi dinar to a $1.17... That was the proposal. That's what they wanted and the whole world knows about it. It's out there. The other part of that is the CBI can revalue their currency anytime they want without parliament saying anything...the parliament wants the CBI to add value to the currency - correctly though. They're not begging them to do it, they just want them to do it correctly. The debate is the policy on how to do that...The CBI can add value to the currency any damn time they want...it's starting to narrow down and it's kind of remarkable...
5-22-2020 Intel Guru MarkZ [via PDK] I did speak to a Reno contact early this morning…and they are expecting things in place for a Tuesday morning exchange. I hope they are right. The chatter was very impressive overnight last night. The banking side swears we will be live Tuesday morning and we will get announcements over the weekend. I say take it with a grain of salt until we see it and have money in our accounts.
5-22-2020 Newshound/Intel Guru Mnt Goat Article quote: "...the government resorted to BORROWING FROM THREE GOVERNMENT BANKS TO SECURE EMPLOYEE SALARIES FOR THE MONTHS OF MAY AND JUNE NEXT." So for now it appears the Iraq did not print any more currency or devalue the dinar. Instead they borrowed from 3 major banks to meet the employee salaries for May and June. Will oil prices rise fast enough to meet the July and onward salaries?...
5-22-2020 Intel Guru Footforward ...when I say it can't be 1.50, I must have a REALLY good reason for saying that...Look higher then that...In my opinion. I know for a fact...In Iraq I would expect they will trade USD for new lower denoms one to one. That doesn't make the rate one to one. That's all my opinion...I still believe we will see something before the end of June.
5-22-2020 Newshound Guru Jeff ...since they formed the majority of the government about two weeks ago they have had an explosion of economic articles. By doing that they were simply telling you that the launching of the economy - going international was and is waiting on the formation of the government...those articles came out immediately after they formed a majority of the government. They're blatantly telling you that the rate change of the economy is waiting on the formation of government...nothing is going to happen till they finish those last 7 ministers...That's the number one thing we're waiting on right now. Once they finish that it's game on...
5-22-2020 Newshound Guru Adam Montana There is a lot going on right now - [Mustafa al-Kadhimi] continues the surge towards seating the cabinet, and continues to be mysteriously effective in his new role. Eid al-Fitr will be up on May 24, and the few remaining posts are slated for completion shortly. ...Mustafa al-Kadhimi is also kicking butt at his job... Iran has lost a ton of ground in Iraq, ...Khadimi has done a lot to prove that he is not another Iranian sock puppet, and on the heels of the renewal of EO13303 there is even more Iranian squashing. All of that, and more, is reason to smile.
5-22-2020 Newshound Guru MilitiaMan Article: "The Council of Ministers sets the days for the Eid holiday and directs the salaries of employees and the financial crisis" There are no coincidences now. They will imo use this window to game the RI... There is a Bank Holiday come Monday in the USA and UK, too...
5-21-2020 Intel Guru Bruce ... make sure everybody understands what “on par” means when it comes to currencies – it means that the currencies being on par with each other means having the same value – this is not now – this is starting June 2nd if everything holds to the current pace...The Iraqi Dinar would have the value of $1.00 – 1 dinar = 1 dollar...
5-21-2020 Newshound Guru MilitiaMan I think everyone by now should know that with all we have studied to date, we knew that this was to come at the end...The REER should follow in very short order. (Real Effective Exchange Rate) One more thing. We know they have been on film showing the destruction of large notes and in mass quantities!! That fact also supports the large amount of money spent printing currency and or minting coins, is the new issuance being reflected on the CBI site. WE watch for the REER.. Lets see what the days bring us... imo. [What Is the Real Effective Exchange Rate – REER? Investopedia: "The real effective exchange rate (REER) is the weighted average of a country's currency in relation to an index or basket of other major currencies. The weights are determined by comparing the relative trade balance of a country's currency against each country within the index. This exchange rate is used to determine an individual country's currency value relative to the other major currencies in the index."]
5-21-2020 Intel Guru Frank26 ...the information is flowing very rapidly now. I mean very rapidly about the redenomination, the monetary reform, the reinstatement of their currency...this article...that blew everybody up...what they're trying to tell you is that it's not that the Iraqi dinar is going to go down in value in fact a few days ago they said 'we're gonna print a whole bunch of currency' and the people in Iraq (my fireflies) they lost it!...look guys it's their job to confuse you...it's all fake news...the confusion seems to have ironed itself out in my opinion...today we see this article from the meeting with the CBI and the Fab 4 clearly explaining the true path of the monetary reform. The RD is becoming very very loud. They are implementing a new currency with a new rate...they're fully committed to raising the value of their currency...Where is the redenomination? Where are we in that process? I think we're ready to see a change...
5-21-2020 Intel Guru MarkZ [via PDK] Nothing happened overnight as expected by my sources... I am still looking for it sometime before June. 1st. ...We are seeing it play out before our eyes…we just do not know the exact timing. And no one is supposed to.
5-21-2020 Newshound Guru MilitiaMan Just as Frank [Guru Frank26] has taught, and as even Dr. Shabibi has mentioned in the past, that there will be confusion and propaganda at the END GAME... There is only one real option they have and will do. ioo...As in, they will raise the exchange rate of the IQD by reducing the amount of Dinars to buy Dollars. There is a...chart from the CBI, is noted to have been updated yesterday. The CBI presently shows the public exposure of an increase in the money issuance. ...[Guru] Delta told us days ago...on the Arabic side of the CBI, that they did the increase in currency issuance, which means that what we believe from their data is to be the small category notes and or even coins. Now they are public about it on the CBI site. ...the facts...speak loudly imo, that they are just about now going into a market economy. Everything is ready and waiting. They can't do that with out raising the value of the IQD, imo...
5-21-2020 Intel Guru Bruce So we had some things that slowed the process down – over the last 3-4 days – I believe what’s happening now is they are catching up...in my opinion it is running a little behind...We are ready to begin – we think our part of it should come this week...though I believe we are slightly behind the original schedule...I am going to suggest to everybody – just take a deep breath – relax – know that we are in the right moment...
5-21-2020 Intel Guru Frank26 ...ARTICLE FROM THE PARLIAMENT HAS BEEN RELEASED TO AVOID ALL CONFUSION ESPECIALLY FOR THE CITIZENS. Article: "A proposal on the government table to face the parliamentary economic and financial crisis warns!" Quotes: "raising the dollar exchange rate to face the financial crisis and preserve the hard currency is one of the proposals and monetary measures that the state may take to avoid the liquidity crisis."; "the flotation does not constitute an increase in the value of the Iraqi dinar, but rather we will see an increase in the exchange rates of the dollar due to the lack of its acquisition in the global market, especially with the decline in global oil prices."; "the flotation is taken in light of the stable financial conditions of the state, as well as the diversification of the economy and its dependence on resources other than oil." THIS ARTICLE IS...CLEARLY STATING THAT THE IQD HAS TO GO UP IN VALUE THROUGH THEIR EXCHANGE RATE...NOTICE WHAT THEY SAY ABOUT THE FLOAT...
5-21-2020 Newshound Guru MilitiaMan I think everyone by now should know that with all we have studied to date, we knew that this was to come at the end...The REER should follow in very short order. (Real Effective Exchange Rate) One more thing. We know they have been on film showing the destruction of large notes and in mass quantities!! That fact also supports the large amount of money spent printing currency and or minting coins, is the new issuance being reflected on the CBI site. WE watch for the REER.. Lets see what the days bring us... imo. [What Is the Real Effective Exchange Rate – REER? Investopedia: "The real effective exchange rate (REER) is the weighted average of a country's currency in relation to an index or basket of other major currencies. The weights are determined by comparing the relative trade balance of a country's currency against each country within the index. This exchange rate is used to determine an individual country's currency value relative to the other major currencies in the index."]
5-21-2020 Intel Guru Frank26 ...the information is flowing very rapidly now. I mean very rapidly about the redenomination, the monetary reform, the reinstatement of their currency...this article...that blew everybody up...what they're trying to tell you is that it's not that the Iraqi dinar is going to go down in value in fact a few days ago they said 'we're gonna print a whole bunch of currency' and the people in Iraq (my fireflies) they lost it!...look guys it's their job to confuse you...it's all fake news...the confusion seems to have ironed itself out in my opinion...today we see this article from the meeting with the CBI and the Fab 4 clearly explaining the true path of the monetary reform. The RD is becoming very very loud. They are implementing a new currency with a new rate...they're fully committed to raising the value of their currency...Where is the redenomination? Where are we in that process? I think we're ready to see a change...
5-21-2020 Intel Guru MarkZ [via PDK] Nothing happened overnight as expected by my sources... I am still looking for it sometime before June. 1st. ...We are seeing it play out before our eyes…we just do not know the exact timing. And no one is supposed to.
5-21-2020 Newshound Guru MilitiaMan Just as Frank [Guru Frank26] has taught, and as even Dr. Shabibi has mentioned in the past, that there will be confusion and propaganda at the END GAME... There is only one real option they have and will do. ioo...As in, they will raise the exchange rate of the IQD by reducing the amount of Dinars to buy Dollars. There is a...chart from the CBI, is noted to have been updated yesterday. The CBI presently shows the public exposure of an increase in the money issuance. ...[Guru] Delta told us days ago...on the Arabic side of the CBI, that they did the increase in currency issuance, which means that what we believe from their data is to be the small category notes and or even coins. Now they are public about it on the CBI site. ...the facts...speak loudly imo, that they are just about now going into a market economy. Everything is ready and waiting. They can't do that with out raising the value of the IQD, imo...
5-21-2020 Intel Guru Bruce So we had some things that slowed the process down – over the last 3-4 days – I believe what’s happening now is they are catching up...in my opinion it is running a little behind...We are ready to begin – we think our part of it should come this week...though I believe we are slightly behind the original schedule...I am going to suggest to everybody – just take a deep breath – relax – know that we are in the right moment...
5-21-2020 Intel Guru Frank26 ...ARTICLE FROM THE PARLIAMENT HAS BEEN RELEASED TO AVOID ALL CONFUSION ESPECIALLY FOR THE CITIZENS. Article: "A proposal on the government table to face the parliamentary economic and financial crisis warns!" Quotes: "raising the dollar exchange rate to face the financial crisis and preserve the hard currency is one of the proposals and monetary measures that the state may take to avoid the liquidity crisis."; "the flotation does not constitute an increase in the value of the Iraqi dinar, but rather we will see an increase in the exchange rates of the dollar due to the lack of its acquisition in the global market, especially with the decline in global oil prices."; "the flotation is taken in light of the stable financial conditions of the state, as well as the diversification of the economy and its dependence on resources other than oil." THIS ARTICLE IS...CLEARLY STATING THAT THE IQD HAS TO GO UP IN VALUE THROUGH THEIR EXCHANGE RATE...NOTICE WHAT THEY SAY ABOUT THE FLOAT...
5-20-2020 Newshound/Intel Guru Mnt Goat Article: "EMERGENCY CELL TO BE FORMED TO REVIEW FINANCIAL REFORM TO MANAGE THE CURRENT FINANCIAL SITUATION AND FIND THE REMEDIES AND SOLUTIONS TO OVERCOME THE COUNTRY'S COMPLEX ECONOMIC CRISIS" ...there were 9 pillars of reform listed. One of which was and I quote – “Fourth, securing the amounts allocated to the reform decisions committed by the outgoing government to implement the demands of the demonstrators.” We know one of these demands is to eliminate the currency auctions. Back in 2019 the CBI said they are working on it and will get it done. They said this to satisfy this demand. This is still underway. At this time the CBI said they only needed a newly formed, stable government and the protesting to stop in order to complete it.
5-20-2020 Intel Guru Footforward [What is everybody’s thoughts in executive order 13303 that expires in 2 days...?] ...it will be awesome it if doesn't get renewed! ...it allows people to invest in Iraq. We are at war with Iraq technically. So if that expires and the declaration of war is not removed then no one can sell or buy dinar...so if that happens, most will freak out. It could also be a sign that the RV is close to happening and they want a natural way to stop dinar sales without tipping people off by sending out a mandate to stop...We will cash out in my opinion. But don't be surprised if this looks hopeless right before it happens...
5-20-2020 Intel Guru RayRen98 Iraqi TV is broadcasting that PM Al-Kadhimi has ordered to print new money to pay the citizen's salaries and that Iraq will borrow the funds to cover the deficit in the budget. A new law will allow them to defer the payment of loans until later.
5-20-2020 Newshound Guru Pimpy ...I told you al-Kazemi is no joke. This guy is already going for the rest of his ministry. The rest of his cabinet to be voted on before...the big holiday which is coming up here real soon. There is a lot of energy in the dinar community in hopes that the rate will change right on or before this holiday. I would be really grateful for that...I'm liking this guy a whole lot. Unlike the other people who drug their feet, man this guy's like look this is it. We're doing this, we're moving forward...looks like our boy Al-Kazemi is gonna get the rest of his cabinet members in there sometime this week or next week...
5-20-2020 Intel Guru MarkZ [via PDK] No movement or rate change in Iraq…yet. Based on all I am hearing I am still expecting it between now and June 1...i am trying to look at it logically and I know they need things in place for the 1st. ...based on what I am hearing from many sources…this month is very much in play and the goal line is June 1... I have cross referenced this intel…gone back and forth, shaken the cages…and I think the goal line is June 1. This means they have to get busy and we should start seeing more movement throughout this weekend if they are going to make this happen...the reset is right around the corner…It is going down…we are watching it…
5-20-2020 Newshound/Intel Guru Mnt Goat Article: "GOVERNMENT OF PRIME MINISTER MUSTAFA AL-KAZEMI WILL GO TO PRINT A NEW LOCAL CURRENCY IN ORDER TO PAY THE SALARIES OF EMPLOYEES" This printing of money is not good for us investors. It shows us they are not serious about completing the project to delete the zeros any time soon. First in order to do the project they will have to recollect all these larger notes all over again to bring the money supply back to levels acceptable to complete the project. We could be waiting a longer than expected timeframe for the reinstatement than we hoped. Let us pray they do not do this printing of more currency.
5-20-2020 Intel Guru Footforward [What is everybody’s thoughts in executive order 13303 that expires in 2 days...?] ...it will be awesome it if doesn't get renewed! ...it allows people to invest in Iraq. We are at war with Iraq technically. So if that expires and the declaration of war is not removed then no one can sell or buy dinar...so if that happens, most will freak out. It could also be a sign that the RV is close to happening and they want a natural way to stop dinar sales without tipping people off by sending out a mandate to stop...We will cash out in my opinion. But don't be surprised if this looks hopeless right before it happens...
5-20-2020 Intel Guru RayRen98 Iraqi TV is broadcasting that PM Al-Kadhimi has ordered to print new money to pay the citizen's salaries and that Iraq will borrow the funds to cover the deficit in the budget. A new law will allow them to defer the payment of loans until later.
5-20-2020 Newshound Guru Pimpy ...I told you al-Kazemi is no joke. This guy is already going for the rest of his ministry. The rest of his cabinet to be voted on before...the big holiday which is coming up here real soon. There is a lot of energy in the dinar community in hopes that the rate will change right on or before this holiday. I would be really grateful for that...I'm liking this guy a whole lot. Unlike the other people who drug their feet, man this guy's like look this is it. We're doing this, we're moving forward...looks like our boy Al-Kazemi is gonna get the rest of his cabinet members in there sometime this week or next week...
5-20-2020 Intel Guru MarkZ [via PDK] No movement or rate change in Iraq…yet. Based on all I am hearing I am still expecting it between now and June 1...i am trying to look at it logically and I know they need things in place for the 1st. ...based on what I am hearing from many sources…this month is very much in play and the goal line is June 1... I have cross referenced this intel…gone back and forth, shaken the cages…and I think the goal line is June 1. This means they have to get busy and we should start seeing more movement throughout this weekend if they are going to make this happen...the reset is right around the corner…It is going down…we are watching it…
5-20-2020 Newshound/Intel Guru Mnt Goat Article: "GOVERNMENT OF PRIME MINISTER MUSTAFA AL-KAZEMI WILL GO TO PRINT A NEW LOCAL CURRENCY IN ORDER TO PAY THE SALARIES OF EMPLOYEES" This printing of money is not good for us investors. It shows us they are not serious about completing the project to delete the zeros any time soon. First in order to do the project they will have to recollect all these larger notes all over again to bring the money supply back to levels acceptable to complete the project. We could be waiting a longer than expected timeframe for the reinstatement than we hoped. Let us pray they do not do this printing of more currency.
5-19-2020 Intel Guru MarkZ [via PDK] Countries all over the world are spelling it out guys…they are telling us what is going to happen…they are talking about the need for a reset…for asset backed currencies…Even my local bankers that used to think I was crazy, tell me this is going to happen soon…they say they are glad I told them about it…i get this from more and more bankers as the lights come on in their heads…
5-19-2020 Newshound Guru MilitiaMan ...today...nothing but URGENCY and ACCELERATION, in respect to reforms... The report from the IBBC [International Bank of Business and Credit] is all about urgency and change! That includes monetary reforms at the Borders, etc... It includes the citizens demands as noted about too... They mean business and so does the report. ...The pressure is on!! It may take 30 days for some things, but, imo they have no liquidity... Hence, the argument is sooner than later imo!
5-19-2020 Intel Guru MarkZ [via PDK] [Do you know what the rates will be?] Just the rumored rates...i still hear the street rate on the dong will come out at around .47 cents and allowed to float…but our contract rate will be around $2. I am still hearing the dinar street rate will be around $3.70…but our contract rate will be close to $8…that is what I am hearing…treat rates as rumors until we are actually at the banks and see it.
5-19-2020 Intel Guru Angle1 ...an ambassador in Iraq in the green zone tells us this past week that the lower denoms are in the banks. We've known that. But they said something brand new that we didn't know...they are ready to disperse the lower denoms...here's what's interesting to me. I don't believe those that were printed in March are inside of the vaults right now. I believe whatever is in the vaults now per our intel, per our source, is going to be distributed, is going to be released and guess what's going to come up the rear back to the vaults? What they have been printing...what I'm excited about is the only reason they're going to print more because there's about to be a distribution of what you already have...that's what I'm excited about...I wasn't just excited about them printing lower denoms. Heck we've already known that. But why are they printing more? Because there is now need for more...they are pushing this bad boy out in phases! ...it's right in front of us...it's time for distribution...
5-19-2020 Newshound Guru Pimpy ...I'm really really starting to like this Prime Minister al-Kazemi...The more I read about him the more I really like this guy...he is cracking down on corruption over there in Iraq...al-Kazemi is no joke whatsoever. This guy is draining the Iraqi swamp...
5-19-2020 Intel Guru MarkZ [via PDK] Iraq/Dinar News: There is a lot of chatter. What I am hearing is they plan on being international June 1st and plan on (new rate) going 10-12 days ahead of that In-Country. That is the rumors I am hearing from Iraq right now. They are going to have to pull the “in-country” trigger at any moment. This means we should be hearing something at any moment imo…I hope so I know we are all over being on this ride.
5-19-2020 Intel/Newshound Gurus Frank26 & Walkingstick They're getting ready to go international with their currency...
5-19-2020 Intel Guru Footforward [Do think there will be a time limit for us to exchange our IQD and VND?] no. But I don't plan on waiting long.
5-19-2020 Newshound Guru MilitiaMan ...My take is they are at critical mass. The new PM has a very big job ahead of him, as noted by the IBBC [International Bank of Business and Credit]...letter he recieved. Can he get the atmosphere to be in full Article 8 compliance by raising the IQD to a new international rate with the CBI, that is in sync with the 2019 Amended /2020 Budgets? We apparently will be seeing soon enough.. imo...
5-19-2020 Intel Guru MarkZ [via PDK] After having many conversations with bankers that are involved with exchange centers that they would like for you to only have one appointment…they have a limited amount of time…they would like you to get in, exchange and get out…if you have a very legitimate reason to need a second apt…that’s ok.
5-19-2020 Newshound Guru Kaperoni [Dinar can not float unless it is on Forex or RV is implemented, right?] No. They can float at anytime. It is just another type of exchange rate regime. Currently, they are pegged to the dollar.
5-19-2020 Newshound Guru MilitiaMan ...today...nothing but URGENCY and ACCELERATION, in respect to reforms... The report from the IBBC [International Bank of Business and Credit] is all about urgency and change! That includes monetary reforms at the Borders, etc... It includes the citizens demands as noted about too... They mean business and so does the report. ...The pressure is on!! It may take 30 days for some things, but, imo they have no liquidity... Hence, the argument is sooner than later imo!
5-19-2020 Intel Guru MarkZ [via PDK] [Do you know what the rates will be?] Just the rumored rates...i still hear the street rate on the dong will come out at around .47 cents and allowed to float…but our contract rate will be around $2. I am still hearing the dinar street rate will be around $3.70…but our contract rate will be close to $8…that is what I am hearing…treat rates as rumors until we are actually at the banks and see it.
5-19-2020 Intel Guru Angle1 ...an ambassador in Iraq in the green zone tells us this past week that the lower denoms are in the banks. We've known that. But they said something brand new that we didn't know...they are ready to disperse the lower denoms...here's what's interesting to me. I don't believe those that were printed in March are inside of the vaults right now. I believe whatever is in the vaults now per our intel, per our source, is going to be distributed, is going to be released and guess what's going to come up the rear back to the vaults? What they have been printing...what I'm excited about is the only reason they're going to print more because there's about to be a distribution of what you already have...that's what I'm excited about...I wasn't just excited about them printing lower denoms. Heck we've already known that. But why are they printing more? Because there is now need for more...they are pushing this bad boy out in phases! ...it's right in front of us...it's time for distribution...
5-19-2020 Newshound Guru Pimpy ...I'm really really starting to like this Prime Minister al-Kazemi...The more I read about him the more I really like this guy...he is cracking down on corruption over there in Iraq...al-Kazemi is no joke whatsoever. This guy is draining the Iraqi swamp...
5-19-2020 Intel Guru MarkZ [via PDK] Iraq/Dinar News: There is a lot of chatter. What I am hearing is they plan on being international June 1st and plan on (new rate) going 10-12 days ahead of that In-Country. That is the rumors I am hearing from Iraq right now. They are going to have to pull the “in-country” trigger at any moment. This means we should be hearing something at any moment imo…I hope so I know we are all over being on this ride.
5-19-2020 Intel/Newshound Gurus Frank26 & Walkingstick They're getting ready to go international with their currency...
5-19-2020 Intel Guru Footforward [Do think there will be a time limit for us to exchange our IQD and VND?] no. But I don't plan on waiting long.
5-19-2020 Newshound Guru MilitiaMan ...My take is they are at critical mass. The new PM has a very big job ahead of him, as noted by the IBBC [International Bank of Business and Credit]...letter he recieved. Can he get the atmosphere to be in full Article 8 compliance by raising the IQD to a new international rate with the CBI, that is in sync with the 2019 Amended /2020 Budgets? We apparently will be seeing soon enough.. imo...
5-19-2020 Intel Guru MarkZ [via PDK] After having many conversations with bankers that are involved with exchange centers that they would like for you to only have one appointment…they have a limited amount of time…they would like you to get in, exchange and get out…if you have a very legitimate reason to need a second apt…that’s ok.
5-19-2020 Newshound Guru Kaperoni [Dinar can not float unless it is on Forex or RV is implemented, right?] No. They can float at anytime. It is just another type of exchange rate regime. Currently, they are pegged to the dollar.
5-18-2020 Newshound Guru MilitiaMan The fact that the USNC had that meeting on the 13th is imo that they timed it accordingly and that that timing means they have made an agreement and on schedule...The next few hours, days to just possibly weeks are very important and have profound implications for us. If all the data points to the final conclusion? Then that data shows us it is about time for them to raise the rate whereby Iraq becomes fully Article 8 compliant... that is the goal of Iraq, to open for business internationally. Lastly, the country has no liquidity and they are in crisis. Thus, the pressure is immense and has been for some time. imo Times look very good indeed!
5-18-2020 Intel Guru Footforward This is all in my opinion. Not financial advice. Part of the hold up with the dong is that they would have to print lower demons. Lowest note they have is 100. You can get away with that at 5-10 cents. You can't at a higher rate. We may have this backwards. Iraq may go first and Vietnam may go second. The two separate RVs could be because Vietnam suddenly needs a higher rate and aren't prepared for it.
5-18-2020 Newshound/Intel Guru RVAlready I think Iraq politicians left them at a point where they must RV. So, complete cabinet, RV, and new budget. This new PM seems a decent and capable guy.
5-18-2020 Intel Guru MarkZ [via PDK] [ I heard that June 1st is the real deadline-do you believe that?] Yes I do...there is a tremendous push to have all in place by June 1. In Iraq no new rate on Saturday as they hoped…so now they are looking for the Gazette to publish it on Wed.
5-18-2020 Newshound Guru Jeff ...I've told you that if Iraq is going to change the rate during the month of May they can only do it over a weekend and/or it has to be an in-country holiday period because Iraq's financial markets have to be closed in country and the world markets have to be closed...to minimize market volatility. So we're looking for an in country holiday weekend in Iraq. Article "Iraq imposes full curfew for eight day starting May 22 over Covid-19 Fears". Interesting...they're extending the covid-19 only through a period of 8 days around May 22nd. Guys I'm done talking. I rest my case...they just pulled a magical holiday period out of a rabbit's hat for you guys over the weekend of May 24th going through May 30th...
5-18-2020 Newshound Guru MilitiaMan There are things out in articles of late to support a change to the IQD could/may come between now and the 05/31/2020ish time frame for a possible reinstatement of the IQD...For instance, the UNSC meeting minutes told us that the UN will be giving 2 billion Dinar to Iraq... That hasn't been done yet, imo... They'll have to raise the rate for that small amount to do any projects of any substance or worth while...That 2 billion Dinar support, has me in a "literally" at any time frame now through the end of month, but, it supports to me a sooner rather than a later aspect. imo...
5-18-2020 Newshound Guru Adam Montana [It looks like the new guy Kazemi is shaking things up and taking action, something we’re not used to with the government. I hope he’s the real deal and gets them where they need to be.] Things are REALLY looking different this time around! Fingers crossed...
5-18-2020 Intel Guru Delta ...this is huge...The United Nations giving dinars is an indication that they are Article 8. Keep in mind if you don't see them in Article 8 that doesn't mean they are not...Iraq was probably Article 8 two or three months ago but you're not going to see it until they basically announce it. We know they can't do that until the new rate or lifting the 3 zeros from the exchange rate has to be there...I think this is very very significant...to give...2 billion dinars...but the 2 billion dinars could really be worth something if they come up at $1 - $2. Now you got 2 billion dollars worth...this is very huge...
5-18-2020 Intel Guru Footforward This is all in my opinion. Not financial advice. Part of the hold up with the dong is that they would have to print lower demons. Lowest note they have is 100. You can get away with that at 5-10 cents. You can't at a higher rate. We may have this backwards. Iraq may go first and Vietnam may go second. The two separate RVs could be because Vietnam suddenly needs a higher rate and aren't prepared for it.
5-18-2020 Newshound/Intel Guru RVAlready I think Iraq politicians left them at a point where they must RV. So, complete cabinet, RV, and new budget. This new PM seems a decent and capable guy.
5-18-2020 Intel Guru MarkZ [via PDK] [ I heard that June 1st is the real deadline-do you believe that?] Yes I do...there is a tremendous push to have all in place by June 1. In Iraq no new rate on Saturday as they hoped…so now they are looking for the Gazette to publish it on Wed.
5-18-2020 Newshound Guru Jeff ...I've told you that if Iraq is going to change the rate during the month of May they can only do it over a weekend and/or it has to be an in-country holiday period because Iraq's financial markets have to be closed in country and the world markets have to be closed...to minimize market volatility. So we're looking for an in country holiday weekend in Iraq. Article "Iraq imposes full curfew for eight day starting May 22 over Covid-19 Fears". Interesting...they're extending the covid-19 only through a period of 8 days around May 22nd. Guys I'm done talking. I rest my case...they just pulled a magical holiday period out of a rabbit's hat for you guys over the weekend of May 24th going through May 30th...
5-18-2020 Newshound Guru MilitiaMan There are things out in articles of late to support a change to the IQD could/may come between now and the 05/31/2020ish time frame for a possible reinstatement of the IQD...For instance, the UNSC meeting minutes told us that the UN will be giving 2 billion Dinar to Iraq... That hasn't been done yet, imo... They'll have to raise the rate for that small amount to do any projects of any substance or worth while...That 2 billion Dinar support, has me in a "literally" at any time frame now through the end of month, but, it supports to me a sooner rather than a later aspect. imo...
5-18-2020 Newshound Guru Adam Montana [It looks like the new guy Kazemi is shaking things up and taking action, something we’re not used to with the government. I hope he’s the real deal and gets them where they need to be.] Things are REALLY looking different this time around! Fingers crossed...
5-18-2020 Intel Guru Delta ...this is huge...The United Nations giving dinars is an indication that they are Article 8. Keep in mind if you don't see them in Article 8 that doesn't mean they are not...Iraq was probably Article 8 two or three months ago but you're not going to see it until they basically announce it. We know they can't do that until the new rate or lifting the 3 zeros from the exchange rate has to be there...I think this is very very significant...to give...2 billion dinars...but the 2 billion dinars could really be worth something if they come up at $1 - $2. Now you got 2 billion dollars worth...this is very huge...
5-17-2020 Newshound Guru Pimpy ...a lot of you finally calmed down over those articles about Iraq wanting to devalue their currency...I told you don't worry about what the articles say, these are economists making suggestions. We'll see what they do. What they do is different than what they say. Just don't pay attention to what they say (pay attention a little bit) but pay attention more to what they do. With the price of oil going up this makes it less likely that they'll need to devalue the dollars. So stability, oil prices going up, the completion of the ministerial cabinet - it's looking really really good.
5-17-2020 Intel Guru Footforward [Just wondering how will China benefit from Iraq revealing. ] Oil deal they have with Iraq for one and they have alot of contracts that go into effect with Iraq when the dinar revalues.
5-17-2020 Intel Guru Delta ...It's a very high possibility that we might really see something from the Central Bank of Iraq this week...all the media is reporting right now in Iraq, they have so many newspapers, so many live TV, so many people just talking about the subject - printing money, exchange rate. This is the first time...they're talking about an exchange rate...before we used to dream about them talking about this...we don't know the rate. We don't know the date. But this is coming from Iraq all over the news. They're talking about exchange rate. They're talking about printing money...everybody is happy internationally. Everybody is supporting the new Prime Minister...the World Bank...the first time they are basically supporting the financial reforms, the economic reforms - anything that has to do with money...they're backing up this new Prime Minister 100%. This is just unbelievable news...any nanosecond we could see the rate changing...
5-17-2020 Intel Guru Frank26 ...the United Nations is sending them 2 billion dinar. That's less than 2 million dollars for 3 major projects....that is incredible! IMO that means their currency must have some type of an electronic value that has not been posted...it's just amazing because the United Nations is now getting involved in lending [Giving?] them their own money. That is definitely chapter 8. That's an international move...
5-17-2020 Newshound Guru Pimpy I had a feeling...that there would be a lot of discouraging news about the dinar that would come out first before the actual action of the dinar and this seems to be part of that news. And don't be surprised if we don't get more. I really think there's a bigger picture coming...we don't care about what they say, we care about what they do...People are saying, well how do you feel? You panicking? No, I'm not. Even if the rate did decrease for whatever reason...to me that's nothing...I preach this all the time, buy on the dip...if they lower that just means I get more dinar for my dollar... [Post 2 of 2]
5-17-2020 Newshound Guru Pimpy ...There's an article that stated that they were thinking about devaluing the Iraqi dinar so instead of getting 1190 dinar for every dollar you'll get somewhere between 1200 to 1400 dinar for every dollar. That's going in the opposite direction of where we wanted to go...this is just economists. That's all they are. These are economists making recommendations ... it doesn't make any sense to me. I'm not an economist don't get me wrong but at the same token it doesn't make sense to me...if there's truly a shortage of Iraqi dinars in Iraq wouldn't it make sense then to increase the value of the dinars? This would get people who are holding dinar to turn their dinar over then these would come back into Iraq...increasing the rate makes more sense... [Post 1 of 2....stay tuned]
5-17-2020 Intel Guru Delta Two billion dinars from the United Nations to serve Al-Baghdadi in Anbar…UN GIVING IRAQ...2B DINARS ...NOT $$$...CAN WE SAY ARTICLE 8...
5-17-2020 Newshound Guru MilitiaMan Article: "...Al-Kazemi intends to replace most of the heads of the 25 independent bodies" ... I am seriously liking this new PM more and more and apparently the citizens do too! Open the files and let’s see who is who and what changes were made or are to come...I would like to see the Governor of the Central Bank make an announcement this weekend! imo!
5-17-2020 Intel Guru Footforward [Just wondering how will China benefit from Iraq revealing. ] Oil deal they have with Iraq for one and they have alot of contracts that go into effect with Iraq when the dinar revalues.
5-17-2020 Intel Guru Delta ...It's a very high possibility that we might really see something from the Central Bank of Iraq this week...all the media is reporting right now in Iraq, they have so many newspapers, so many live TV, so many people just talking about the subject - printing money, exchange rate. This is the first time...they're talking about an exchange rate...before we used to dream about them talking about this...we don't know the rate. We don't know the date. But this is coming from Iraq all over the news. They're talking about exchange rate. They're talking about printing money...everybody is happy internationally. Everybody is supporting the new Prime Minister...the World Bank...the first time they are basically supporting the financial reforms, the economic reforms - anything that has to do with money...they're backing up this new Prime Minister 100%. This is just unbelievable news...any nanosecond we could see the rate changing...
5-17-2020 Intel Guru Frank26 ...the United Nations is sending them 2 billion dinar. That's less than 2 million dollars for 3 major projects....that is incredible! IMO that means their currency must have some type of an electronic value that has not been posted...it's just amazing because the United Nations is now getting involved in lending [Giving?] them their own money. That is definitely chapter 8. That's an international move...
5-17-2020 Newshound Guru Pimpy I had a feeling...that there would be a lot of discouraging news about the dinar that would come out first before the actual action of the dinar and this seems to be part of that news. And don't be surprised if we don't get more. I really think there's a bigger picture coming...we don't care about what they say, we care about what they do...People are saying, well how do you feel? You panicking? No, I'm not. Even if the rate did decrease for whatever reason...to me that's nothing...I preach this all the time, buy on the dip...if they lower that just means I get more dinar for my dollar... [Post 2 of 2]
5-17-2020 Newshound Guru Pimpy ...There's an article that stated that they were thinking about devaluing the Iraqi dinar so instead of getting 1190 dinar for every dollar you'll get somewhere between 1200 to 1400 dinar for every dollar. That's going in the opposite direction of where we wanted to go...this is just economists. That's all they are. These are economists making recommendations ... it doesn't make any sense to me. I'm not an economist don't get me wrong but at the same token it doesn't make sense to me...if there's truly a shortage of Iraqi dinars in Iraq wouldn't it make sense then to increase the value of the dinars? This would get people who are holding dinar to turn their dinar over then these would come back into Iraq...increasing the rate makes more sense... [Post 1 of 2....stay tuned]
5-17-2020 Intel Guru Delta Two billion dinars from the United Nations to serve Al-Baghdadi in Anbar…UN GIVING IRAQ...2B DINARS ...NOT $$$...CAN WE SAY ARTICLE 8...
5-17-2020 Newshound Guru MilitiaMan Article: "...Al-Kazemi intends to replace most of the heads of the 25 independent bodies" ... I am seriously liking this new PM more and more and apparently the citizens do too! Open the files and let’s see who is who and what changes were made or are to come...I would like to see the Governor of the Central Bank make an announcement this weekend! imo!
5-16-2020 Intel Guru Footforward [what odds would you give that the dong goes before the dinar? (percentage wise)] 50/50...China will be a big factor in that...But that's all my opinion...It's my opinion that could happen either way. But it seems that something has shifted with Vietnam...
5-16-2020 Newshound Guru Jeff what Kuwait and China syndrome means is that shortly before both Kuwait and China came out changing their rates...they publicly released information saying they have no intentions of changing our rate. A few days later they actually changed the rate...Yesterday they [Iraq] put out an article saying yeah we're actually going to reduce our exchange rate and print and release new currency while reducing the exchange rate. That has BS written all over it...they're trying to mislead you...last year they said they want to release coins and increase our exchange rate. They are doing what they can to confuse and mislead you...
5-16-2020 Intel Guru Mike Cottrell people ask me when is the RV going to happen …I do not know ...There is no way this reset is not going to happen…watch the G-20…when the G-20 make a decree that China and the communist party owes us for all the death and trauma caused in the world and to all countries. I think that is when we will see the rollover/reset happen. If not before...
5-16-2020 Newshound/Intel Guru Mnt Goat ...I am hearing some wonderful news now from parliamentary finance committee almost demanding the project to delete the zeros and the full implementation of Article 8 under the IMF monetary policy for member nations. Again they are questioning what is taking the CBI so long to get this done and they want it now...So here is my new reinstatement window: When we begin to see more and more of the protestor demands being met by the new prime minister Al-Kazemi. Also the CBI will be giving a statement shortly on the update of the project to delete the zeros. I am told by my CBI contact they are about to do this soon. So let’s wait and see what the official CBI statement is. We already know the Finance committee is demanding the completion of the project and the end of the currency auctions. They want is done NOW!
5-16-2020 Newshound Guru MilitiaMan Article: "The Central Bank of Iraq signs a banking arrangement document with the World Bank" Quote: "It is noteworthy that this program was developed by the World Bank in 2000, with the aim of building capacities and providing consulting and asset management services. Trillion dollars in sovereign assets." With this agreement will come the secondary markets imo.. Get ready world, IRAQ is about to show her wealth to the world... One that will be noticed be sure!! She'll be adding to that Trillion...To say the least.. imo.
5-16-2020 Newshound Guru Pimpy ...we know they need more purchasing power. That's the direction I feel they're going in but we will soon find out. All right you guys don't feel negative....IMO a decrease in a rate is what we want. And what I mean by a decrease - I don't want to see that number [1190 dinar rate] increase... what I mean is I want to see 1190 decease - go down. The lower that goes the closer it gets...
5-16-2020 Newshound Guru Jeff ...they just have an explosion of economic articles. They really didn't talk about the economy this year at all until recently. Until after last week. That would tell you guys that there was a delay and it was the formation of the government. They had to get the government done and formed...they have resumed back to where they were from last year. Having an explosion of economic articles that pretty much tells us they're done and ready to go. They're ready to move forward on this rate change...they can't go any further now till the rate changes.
5-16-2020 Newshound Guru Jeff what Kuwait and China syndrome means is that shortly before both Kuwait and China came out changing their rates...they publicly released information saying they have no intentions of changing our rate. A few days later they actually changed the rate...Yesterday they [Iraq] put out an article saying yeah we're actually going to reduce our exchange rate and print and release new currency while reducing the exchange rate. That has BS written all over it...they're trying to mislead you...last year they said they want to release coins and increase our exchange rate. They are doing what they can to confuse and mislead you...
5-16-2020 Intel Guru Mike Cottrell people ask me when is the RV going to happen …I do not know ...There is no way this reset is not going to happen…watch the G-20…when the G-20 make a decree that China and the communist party owes us for all the death and trauma caused in the world and to all countries. I think that is when we will see the rollover/reset happen. If not before...
5-16-2020 Newshound/Intel Guru Mnt Goat ...I am hearing some wonderful news now from parliamentary finance committee almost demanding the project to delete the zeros and the full implementation of Article 8 under the IMF monetary policy for member nations. Again they are questioning what is taking the CBI so long to get this done and they want it now...So here is my new reinstatement window: When we begin to see more and more of the protestor demands being met by the new prime minister Al-Kazemi. Also the CBI will be giving a statement shortly on the update of the project to delete the zeros. I am told by my CBI contact they are about to do this soon. So let’s wait and see what the official CBI statement is. We already know the Finance committee is demanding the completion of the project and the end of the currency auctions. They want is done NOW!
5-16-2020 Newshound Guru MilitiaMan Article: "The Central Bank of Iraq signs a banking arrangement document with the World Bank" Quote: "It is noteworthy that this program was developed by the World Bank in 2000, with the aim of building capacities and providing consulting and asset management services. Trillion dollars in sovereign assets." With this agreement will come the secondary markets imo.. Get ready world, IRAQ is about to show her wealth to the world... One that will be noticed be sure!! She'll be adding to that Trillion...To say the least.. imo.
5-16-2020 Newshound Guru Pimpy ...we know they need more purchasing power. That's the direction I feel they're going in but we will soon find out. All right you guys don't feel negative....IMO a decrease in a rate is what we want. And what I mean by a decrease - I don't want to see that number [1190 dinar rate] increase... what I mean is I want to see 1190 decease - go down. The lower that goes the closer it gets...
5-16-2020 Newshound Guru Jeff ...they just have an explosion of economic articles. They really didn't talk about the economy this year at all until recently. Until after last week. That would tell you guys that there was a delay and it was the formation of the government. They had to get the government done and formed...they have resumed back to where they were from last year. Having an explosion of economic articles that pretty much tells us they're done and ready to go. They're ready to move forward on this rate change...they can't go any further now till the rate changes.
5-15-2020 Intel Guru Bruce [via WiserNow] So...we have countries...that have rates on the screen as I talked to you last time on Tuesday...placeholder rates that will start going up in value starting Sunday for sure...Now – I have a time and a day that I’ve been given that I expect to receive the toll free numbers – it’s early next week - this is coming from the highest authority within one of major Tier 1 banks - and it was confirmed by another one... We are finally I believe at the point – where we are not turning back - We really are going to move forward - this is the time that we should see something happening...I feel as though everything is finally coming around together... Let’s see where this goes between now and early next week... [NOTE: Some guru say 800#s are real and safe, other gurus say they're silly and don't exist, other gurus say to avoid 800#s like the plague since they compromise your security...we have over 100K members who will have real-world experiences during the exchange and will share the good, the bad and the ugly with members - be sure you're registered. It's free - enter in the blue box above.]
5-15-2020 Newshound Guru Kaperoni Today...an article...was very clear that the plan is to float the Iraqi dinar when conditions are appropriate. The article goes on to say that now is not the time. Why is it not the time to float the dinar?? It is stated that floatation needs stable conditions as well as diversification of the economy and dependence on resources other than oil. For the last few months various economists have weighed in on floating and most, if not all, have said under the current economic conditions the dinar would devalue...Iraq needs to create the conditions for the country to prosper. When they do so the dinar can float and appreciate in value. Those conditions include but are not limited to...new government, parliament passing laws, stability and the currency within 2% per IMF guidelines. Accepting IMF Article VIII and as said before this will send a message to investors that Iraq is open for business.
5-15-2020 Intel Guru MarkZ [via PDK] There is still tremendous expectation for June 1...ITS VERY QUIET OUT THERE, GAG ORDERS IS WHAT I'VE HEARD...and no rate change yet in iraq. I am hearing from Iraq that they are expecting it this weekend.
5-15-2020 Newshound Guru Pimpy ...they're...talking about messing with the exchange rate. This is interesting. One group of you are perceiving this as this is good because if the rate is 1190 and they lower it that's actually an increase on our side. The other part of you guys are going wait a minute. No. That's not what it means. If they decrease the rate then that means what? That it takes more Iraqi dinars per dollar...I can see what you mean. I could see it could go both ways. This is a good question. It's kind of hard to figure out what they're saying here...we've also heard there's a possible wave of negative news that's gonna come out about the dinar to discourage people...I don't know if I believe all that. My point is this. I'm gonna hold on to my dinar and see what happens. I don't trust a lot of the crap that's floating around...I want to see for myself what they do... [Post 2 of 2]
5-15-2020 Newshound Guru Pimpy ...we're got more chitter-chatter talking about the Iraqi dinar rate. Man this has been an ongoing conversation ... Article: "Parliamentary source: Al-Kazemi's government will print the currency to pay employee salaries". Wow what does that mean Pimpy? ...here's my question, They have issued already 55 trillion dinars. Less than 5% of it is in country. Less than 9% of the people have banking accounts. Where the hell is all that money? Why do they need to print more money? Why aren't they using the money that they've already printed? Makes you wonder doesn't it. Hmmm. I still think that the Iraqi dinar is gonna be used somehow as a poor man's reserve dollar. It just makes sense because I can't understand why they need to print more. [Post 1 of 2....stay tuned]
5-15-2020 Newshound Guru Jeff ...If Iraq plans to change or increase their exchange rate during the month of May there is only one date that qualifies to be able to change the rate on. And that date is May 24th. The reason why is they need a holiday or weekend period where all markets are closed around the world over a weekend and it has to be an in-country holiday...
5-15-2020 Intel Guru RayRen98 Al-Kazemi and 6 other ministers are filling in the remaining cabinet jobs until the completion vote after EID. This basically makes it a full cabinet. On Iraqi TV, parliamentary spokesmen are saying that the 2020 budget will be approved right after EID holiday and they deny that the budget will be from month-to-month.
5-15-2020 Intel Guru Footforward ...Iraq is broke. They need to do something soon. Like now. They can either print money, raise the value of their currency. Or borrow money. Printing money is not practical and does more harm then good. And no one will lend them money long term. So they need to add value to the currency...But the time is now. They need something to happen now. This is all in my opinion. As long as it isn't a Friday, any day going forward works...
5-15-2020 Newshound/Intel Guru Mnt Goat Article: "WASIT DEMONSTRATORS ISSUED A STATEMENT WARNING AGAINST DELAYING THEIR PREVIOUS DEMANDS" Keep in mind that last year we read articles telling us that one of the demands of the protestors was to “stop the currency auctions”. The only way they can do this is to go international and reinstate their currency. They will also need to finish the project to delete the zeros.
5-15-2020 Newshound Guru Kaperoni Today...an article...was very clear that the plan is to float the Iraqi dinar when conditions are appropriate. The article goes on to say that now is not the time. Why is it not the time to float the dinar?? It is stated that floatation needs stable conditions as well as diversification of the economy and dependence on resources other than oil. For the last few months various economists have weighed in on floating and most, if not all, have said under the current economic conditions the dinar would devalue...Iraq needs to create the conditions for the country to prosper. When they do so the dinar can float and appreciate in value. Those conditions include but are not limited to...new government, parliament passing laws, stability and the currency within 2% per IMF guidelines. Accepting IMF Article VIII and as said before this will send a message to investors that Iraq is open for business.
5-15-2020 Intel Guru MarkZ [via PDK] There is still tremendous expectation for June 1...ITS VERY QUIET OUT THERE, GAG ORDERS IS WHAT I'VE HEARD...and no rate change yet in iraq. I am hearing from Iraq that they are expecting it this weekend.
5-15-2020 Newshound Guru Pimpy ...they're...talking about messing with the exchange rate. This is interesting. One group of you are perceiving this as this is good because if the rate is 1190 and they lower it that's actually an increase on our side. The other part of you guys are going wait a minute. No. That's not what it means. If they decrease the rate then that means what? That it takes more Iraqi dinars per dollar...I can see what you mean. I could see it could go both ways. This is a good question. It's kind of hard to figure out what they're saying here...we've also heard there's a possible wave of negative news that's gonna come out about the dinar to discourage people...I don't know if I believe all that. My point is this. I'm gonna hold on to my dinar and see what happens. I don't trust a lot of the crap that's floating around...I want to see for myself what they do... [Post 2 of 2]
5-15-2020 Newshound Guru Pimpy ...we're got more chitter-chatter talking about the Iraqi dinar rate. Man this has been an ongoing conversation ... Article: "Parliamentary source: Al-Kazemi's government will print the currency to pay employee salaries". Wow what does that mean Pimpy? ...here's my question, They have issued already 55 trillion dinars. Less than 5% of it is in country. Less than 9% of the people have banking accounts. Where the hell is all that money? Why do they need to print more money? Why aren't they using the money that they've already printed? Makes you wonder doesn't it. Hmmm. I still think that the Iraqi dinar is gonna be used somehow as a poor man's reserve dollar. It just makes sense because I can't understand why they need to print more. [Post 1 of 2....stay tuned]
5-15-2020 Newshound Guru Jeff ...If Iraq plans to change or increase their exchange rate during the month of May there is only one date that qualifies to be able to change the rate on. And that date is May 24th. The reason why is they need a holiday or weekend period where all markets are closed around the world over a weekend and it has to be an in-country holiday...
5-15-2020 Intel Guru RayRen98 Al-Kazemi and 6 other ministers are filling in the remaining cabinet jobs until the completion vote after EID. This basically makes it a full cabinet. On Iraqi TV, parliamentary spokesmen are saying that the 2020 budget will be approved right after EID holiday and they deny that the budget will be from month-to-month.
5-15-2020 Intel Guru Footforward ...Iraq is broke. They need to do something soon. Like now. They can either print money, raise the value of their currency. Or borrow money. Printing money is not practical and does more harm then good. And no one will lend them money long term. So they need to add value to the currency...But the time is now. They need something to happen now. This is all in my opinion. As long as it isn't a Friday, any day going forward works...
5-15-2020 Newshound/Intel Guru Mnt Goat Article: "WASIT DEMONSTRATORS ISSUED A STATEMENT WARNING AGAINST DELAYING THEIR PREVIOUS DEMANDS" Keep in mind that last year we read articles telling us that one of the demands of the protestors was to “stop the currency auctions”. The only way they can do this is to go international and reinstate their currency. They will also need to finish the project to delete the zeros.
5-14-2020 Intel Guru MarkZ [via PDK] [Have you heard any more on the rate of the dong?] I am still hearing it will come out at a street rate of .45 - .47 cents and allowed to float…and our contract rate will be right at $2.00 here in the US for our exchange.
5-14-2020 Newshound Guru Jeff Letter "ISX will be closed May 21, 2020 due to the National Holiday for Eid Al Fitter, The next session will be held on Sunday May 31, 2020." This is an official letter from the ISX...so a 9 day period the ISX will be closed. We're also looking to see if/and/or how long the currency auctions will be shut down for. We haven't seen that yet...
5-14-2020 Newshound Guru MilitiaMan Article: "The Cabinet decides to reduce and rationalize the administrative structures of the country" Quote: "Take decisions regarding financial reform by rationalizing expenditures, maximizing resources, and reforming financial institutions, including restructuring them." ...the money players are all informed or will be very shortly.. Very good oh ya!! imo..."They will take decisions on FINANCIAL REFORMS"...Perfect and they have told us they were accelerating reforms...Timing is so perfect. The new PM hit the ground running and the launch season is in full swing. Very good days ahead! imo.
5-14-2020 Intel Guru Footforward Article: "Parliamentary Finance: We will approve the budget within two weeks if it arrives from the government" I know everyone will be excited for this but I honestly don't think this is what we are waiting on. They do not need a budget to have an RV. It's still a good step! But this isn't holding it back. I know people don't want to hear that because we want to see the finish line. Its my opinion we are close. Very.
5-14-2020 Intel Guru MarkZ [via PDK] ...I believe the banking system may be being fed a lot of hopium right now. But they still insist it is imminent. I still think we are close…I believe we will be at the banks by the end of May. As we watch everything implode it’s going to get far worse if they don’t move quickly...
5-14-2020 Newshound Guru Pimpy ...There's a lot of great energy coming out of Iraq. It looks really good. It feels very positive and as you go through the news it continues to not only be positive but move very very quickly. So it's looking good...I know you guys are all waiting for that exciting news just like I am and yesterday's articles it looked like they were at least teasing us a little bit. Tickling us a little bit. We already know that they need to change the Iraqi dinar rate. They need to do this. Its ridiculously undervalued. We know this. We know it's kept there for a reason. It looks like it's gonna happen but when is the question and how much is the other question. I say soon. Very very soon...
5-14-2020 Newshound Guru Adam Montana ...Iraqi Prime Minister Kazemi (RV-KAZAMMY!!!) is on a roll, moving things forward and acting in every way we want! In years past, not much was accomplished during Ramadan. This year, the Year of the 'Rona and much more - that does not appear to be the case! We are currently in the midst of Ramadan, yet Kazemi seems dead set on seating his cabinet before the end of the holiday. And, it actually looks like it's going to happen... I could spend hours tagging and writing and expanding on all of the positive momentum the Iraqi Dinar has right now, and it would just be a start. Fast work by Kazemi is awesome. Iraq having a Prime Minister stay seated and continue to impress us is an outstanding report. This could never have happened overnight, but the way things are going - I dare say "suddenly" is looming closer and closer.
5-14-2020 Intel Guru Bruce [via WiserNow] ...Will it happen by the 15th which is Friday? I hope so - but we again don’t KNOW it - cannot say absolutely – yet – and they don’t want us to know – this is nothing new - I am going to say that we have the information that we have its very positive – I think we are moving forward at a good speed and I would say to stay patient and keep your faith for this to come to fruition
5-14-2020 Intel Guru Delta Article: "The Security Council welcomes the formation of the government headed by Al-Kazemi and pledges its support" Quote: "...The members of the Security Council reaffirmed their full support for the efforts led by the United Nations Assistance Mission for Iraq...to support and assist the Government of Iraq and the Iraqi people through comprehensive political dialogue, reconciliation at the national and societal levels, and reform Economic..." In a precedent that had not happened before the UN Security Council issued a statement supporting Mustafa Al-Kazemi. ALSO the UN Security Council SUPPORTING IRAQ IN ECONOMIC REFORM...IT LOOKS LIKE UN GIVING THE GREEN LIGHT...
5-14-2020 Intel Guru MarkZ [via PDK] [I still think it will happen in May.] I agree with you based on what I am hearing for June 1.
5-14-2020 Newshound Guru Jeff Letter "ISX will be closed May 21, 2020 due to the National Holiday for Eid Al Fitter, The next session will be held on Sunday May 31, 2020." This is an official letter from the ISX...so a 9 day period the ISX will be closed. We're also looking to see if/and/or how long the currency auctions will be shut down for. We haven't seen that yet...
5-14-2020 Newshound Guru MilitiaMan Article: "The Cabinet decides to reduce and rationalize the administrative structures of the country" Quote: "Take decisions regarding financial reform by rationalizing expenditures, maximizing resources, and reforming financial institutions, including restructuring them." ...the money players are all informed or will be very shortly.. Very good oh ya!! imo..."They will take decisions on FINANCIAL REFORMS"...Perfect and they have told us they were accelerating reforms...Timing is so perfect. The new PM hit the ground running and the launch season is in full swing. Very good days ahead! imo.
5-14-2020 Intel Guru Footforward Article: "Parliamentary Finance: We will approve the budget within two weeks if it arrives from the government" I know everyone will be excited for this but I honestly don't think this is what we are waiting on. They do not need a budget to have an RV. It's still a good step! But this isn't holding it back. I know people don't want to hear that because we want to see the finish line. Its my opinion we are close. Very.
5-14-2020 Intel Guru MarkZ [via PDK] ...I believe the banking system may be being fed a lot of hopium right now. But they still insist it is imminent. I still think we are close…I believe we will be at the banks by the end of May. As we watch everything implode it’s going to get far worse if they don’t move quickly...
5-14-2020 Newshound Guru Pimpy ...There's a lot of great energy coming out of Iraq. It looks really good. It feels very positive and as you go through the news it continues to not only be positive but move very very quickly. So it's looking good...I know you guys are all waiting for that exciting news just like I am and yesterday's articles it looked like they were at least teasing us a little bit. Tickling us a little bit. We already know that they need to change the Iraqi dinar rate. They need to do this. Its ridiculously undervalued. We know this. We know it's kept there for a reason. It looks like it's gonna happen but when is the question and how much is the other question. I say soon. Very very soon...
5-14-2020 Newshound Guru Adam Montana ...Iraqi Prime Minister Kazemi (RV-KAZAMMY!!!) is on a roll, moving things forward and acting in every way we want! In years past, not much was accomplished during Ramadan. This year, the Year of the 'Rona and much more - that does not appear to be the case! We are currently in the midst of Ramadan, yet Kazemi seems dead set on seating his cabinet before the end of the holiday. And, it actually looks like it's going to happen... I could spend hours tagging and writing and expanding on all of the positive momentum the Iraqi Dinar has right now, and it would just be a start. Fast work by Kazemi is awesome. Iraq having a Prime Minister stay seated and continue to impress us is an outstanding report. This could never have happened overnight, but the way things are going - I dare say "suddenly" is looming closer and closer.
5-14-2020 Intel Guru Bruce [via WiserNow] ...Will it happen by the 15th which is Friday? I hope so - but we again don’t KNOW it - cannot say absolutely – yet – and they don’t want us to know – this is nothing new - I am going to say that we have the information that we have its very positive – I think we are moving forward at a good speed and I would say to stay patient and keep your faith for this to come to fruition
5-14-2020 Intel Guru Delta Article: "The Security Council welcomes the formation of the government headed by Al-Kazemi and pledges its support" Quote: "...The members of the Security Council reaffirmed their full support for the efforts led by the United Nations Assistance Mission for Iraq...to support and assist the Government of Iraq and the Iraqi people through comprehensive political dialogue, reconciliation at the national and societal levels, and reform Economic..." In a precedent that had not happened before the UN Security Council issued a statement supporting Mustafa Al-Kazemi. ALSO the UN Security Council SUPPORTING IRAQ IN ECONOMIC REFORM...IT LOOKS LIKE UN GIVING THE GREEN LIGHT...
5-14-2020 Intel Guru MarkZ [via PDK] [I still think it will happen in May.] I agree with you based on what I am hearing for June 1.
5-13-2020 Newshound Guru Jeff ...there's a new pattern here that started since they finished the formation of the government. Pence went straight into saying hey now it's time for Iraq to get their reforms launched and implemented ...they put their economics on hold for the formation of the government...now they're going back and talking about it and they're even getting back into the budget...they had to finish the government first and that there indeed was a delay...
5-13-2020 Intel Guru Bruce I think we are going to have some very good things coming out of Iraq – and we understand yesterday that the World Bank and the IMF and our Secretary of State and a few others were in Iraq yesterday...I am sure they were meeting with both the CBI director as well as the Prime Minister and others...I am going to call it crossing the t’s and dotting the I’s - on the new Iraqi dinar currency – what the rates are going to be – and so on...I don’t know if we’re going to go in the next day or so – but it looks like we are...[post 2 of 2]
5-13-2020 Intel Guru Bruce [via WiserNow] The Iraqi Dinar has revalued and we brought that up to you last week – We do have a rate that has come out – that we talked about on the qi card - (pronounced “key” card) – that was nearing $10 over a week ago...we have had a new Prime Minister elected in Iraq...Mustafa Al-Kazemi...and we have a new director of the CBI...she is very pro RV and very much going to be an asset for the CBI...and I understand the new Prime Minister is a very pro – let’s say a President Trump type leader... [post 1 of 2....stay tuned]
5-13-2020 Newshound/Intel Guru Mnt Goat Article: "THEBAN EXCLUDES THE ARRIVAL OF THE 2020 BUDGET TO THE HOUSE OF REPRESENTATIVES AFTER EID AL FITR" Eid Al-Fitr is on 24-25 May 2020 so we probably will not get a budget to parliament anytime sooner than that. Among everything that is going on with shortages of funding I doubt it VERY MUCH that the finance committee will want to finance the Project to Delete the Zeros at this time in 2020. This is based on past experience with the finance committee. Remember too, the revaluing the Iraqi currency is not going to solve all their problems and certainly can cause more problems if not handled correctly.
5-13-2020 Intel Guru Delta Article: "3 options top the measures to confront the economic crisis .. What is the story of private budgets?" Quotes: "There are measures that must be taken to face financial distress other than internal borrowing or prejudice the central bank's reserves, noting that...among these options is a price change...Exchange and stopping imports, in addition to stopping the currency auction and other economic measures."; "...accelerate the transmission of the budget in a way that reduces the deficit by reducing costs or by changing the exchange rate." ...ANOTHER BOMB ARTICLE...IMO...GET READY...PM SAID 48 HOURS…HALF IS GONE...
5-13-2020 Intel Guru MarkZ [via PDK] News today…Im hearing some positive, some negative, some “not surprising”. ...No rate change this morning in Iraq...but the banking world think it’s happening right now... [Frank26 says they are talking openly now about changing the rate in Iraq.] yes they are…I have a contractor on the ground there and he is saying that on the streets they all have a tremendous amount of expectation every Wed. and Sat. when the Gazette comes out to see a new rate. We are oh so close guys…
5-13-2020 Newshound Guru Jeff Article "Parliamentary committee determine options to address financial distress". Quote "...noting among these options is changing the exchange rate...and stopping the currency auctions...he called on the government to accelerate the transition of the budget in a way that reduces the deficit by reducing costs by changing the exchange rate..." So there you go. They said reducing cost by changing the exchange rate. That means increasing purchasing power...they're back to where they were...since they did finish the formation of the government talking about increasing their exchange rate, promoting investment, launching their private sector, implementing and launching the reforms...everything's looking very good. We're patiently waiting...
5-13-2020 Newshound Guru Pimpy We don't know what rate it's gonna be... I still think the sweet spot is between $1.13 and a $1.34. Don't get me wrong I'll take higher than that but it makes sense to me in order for Iraq to rebuild and be competitive a rate of around $1.34 makes way more sense...Let's stay grounded. We're looking good. I think we're in a good position. It looks like it's finally gonna happen...Again first round of drinks on me - Vegas. [post 2 of 2]
5-13-2020 Newshound Guru Pimpy ...What's going on? Iraq to change the dinar rate??? We've been here before and they're talking about it again...a lot of you already know about this chitter-chatter... Article: "Parliamentary Committee determine options to address financial distress". Quote: "...among these options is changing the exchange rate." I know you're doing the pee-pee dance because I was doing it too when I saw this...here we go again. Last March they talked about how they're gonna change the rate and then all KaKa pee-pee broke out and it didn't happen...this has been going on for a little while but it's nice to see them talking about it. We've all been feeling this weird vibe that something's gonna happen this year. We don't want to jinx it so think positive...it's gonna happen. We know it's going to happen. [post 1 of 2....stay tuned]
5-13-2020 Newshound Guru MilitiaMan Article: "Al-Kazemi plans to hold an expanded meeting to discuss the implications of the economic crisis" Quote: "...in the coming days for the purpose of issuing a package of economic reforms, foremost of which is bringing capital..." They sure look like they are on the ROAD MAP to go international. Opening the doors to capital...
5-13-2020 Newshound/Intel Guru Mnt Goat Last week was amazing for nothing but optimistic news about Iraq. As I said before that once the good government is in place and oil prices rise we are going to see Iraq take off.
5-13-2020 Intel Guru Bruce I think we are going to have some very good things coming out of Iraq – and we understand yesterday that the World Bank and the IMF and our Secretary of State and a few others were in Iraq yesterday...I am sure they were meeting with both the CBI director as well as the Prime Minister and others...I am going to call it crossing the t’s and dotting the I’s - on the new Iraqi dinar currency – what the rates are going to be – and so on...I don’t know if we’re going to go in the next day or so – but it looks like we are...[post 2 of 2]
5-13-2020 Intel Guru Bruce [via WiserNow] The Iraqi Dinar has revalued and we brought that up to you last week – We do have a rate that has come out – that we talked about on the qi card - (pronounced “key” card) – that was nearing $10 over a week ago...we have had a new Prime Minister elected in Iraq...Mustafa Al-Kazemi...and we have a new director of the CBI...she is very pro RV and very much going to be an asset for the CBI...and I understand the new Prime Minister is a very pro – let’s say a President Trump type leader... [post 1 of 2....stay tuned]
5-13-2020 Newshound/Intel Guru Mnt Goat Article: "THEBAN EXCLUDES THE ARRIVAL OF THE 2020 BUDGET TO THE HOUSE OF REPRESENTATIVES AFTER EID AL FITR" Eid Al-Fitr is on 24-25 May 2020 so we probably will not get a budget to parliament anytime sooner than that. Among everything that is going on with shortages of funding I doubt it VERY MUCH that the finance committee will want to finance the Project to Delete the Zeros at this time in 2020. This is based on past experience with the finance committee. Remember too, the revaluing the Iraqi currency is not going to solve all their problems and certainly can cause more problems if not handled correctly.
5-13-2020 Intel Guru Delta Article: "3 options top the measures to confront the economic crisis .. What is the story of private budgets?" Quotes: "There are measures that must be taken to face financial distress other than internal borrowing or prejudice the central bank's reserves, noting that...among these options is a price change...Exchange and stopping imports, in addition to stopping the currency auction and other economic measures."; "...accelerate the transmission of the budget in a way that reduces the deficit by reducing costs or by changing the exchange rate." ...ANOTHER BOMB ARTICLE...IMO...GET READY...PM SAID 48 HOURS…HALF IS GONE...
5-13-2020 Intel Guru MarkZ [via PDK] News today…Im hearing some positive, some negative, some “not surprising”. ...No rate change this morning in Iraq...but the banking world think it’s happening right now... [Frank26 says they are talking openly now about changing the rate in Iraq.] yes they are…I have a contractor on the ground there and he is saying that on the streets they all have a tremendous amount of expectation every Wed. and Sat. when the Gazette comes out to see a new rate. We are oh so close guys…
5-13-2020 Newshound Guru Jeff Article "Parliamentary committee determine options to address financial distress". Quote "...noting among these options is changing the exchange rate...and stopping the currency auctions...he called on the government to accelerate the transition of the budget in a way that reduces the deficit by reducing costs by changing the exchange rate..." So there you go. They said reducing cost by changing the exchange rate. That means increasing purchasing power...they're back to where they were...since they did finish the formation of the government talking about increasing their exchange rate, promoting investment, launching their private sector, implementing and launching the reforms...everything's looking very good. We're patiently waiting...
5-13-2020 Newshound Guru Pimpy We don't know what rate it's gonna be... I still think the sweet spot is between $1.13 and a $1.34. Don't get me wrong I'll take higher than that but it makes sense to me in order for Iraq to rebuild and be competitive a rate of around $1.34 makes way more sense...Let's stay grounded. We're looking good. I think we're in a good position. It looks like it's finally gonna happen...Again first round of drinks on me - Vegas. [post 2 of 2]
5-13-2020 Newshound Guru Pimpy ...What's going on? Iraq to change the dinar rate??? We've been here before and they're talking about it again...a lot of you already know about this chitter-chatter... Article: "Parliamentary Committee determine options to address financial distress". Quote: "...among these options is changing the exchange rate." I know you're doing the pee-pee dance because I was doing it too when I saw this...here we go again. Last March they talked about how they're gonna change the rate and then all KaKa pee-pee broke out and it didn't happen...this has been going on for a little while but it's nice to see them talking about it. We've all been feeling this weird vibe that something's gonna happen this year. We don't want to jinx it so think positive...it's gonna happen. We know it's going to happen. [post 1 of 2....stay tuned]
5-13-2020 Newshound Guru MilitiaMan Article: "Al-Kazemi plans to hold an expanded meeting to discuss the implications of the economic crisis" Quote: "...in the coming days for the purpose of issuing a package of economic reforms, foremost of which is bringing capital..." They sure look like they are on the ROAD MAP to go international. Opening the doors to capital...
5-13-2020 Newshound/Intel Guru Mnt Goat Last week was amazing for nothing but optimistic news about Iraq. As I said before that once the good government is in place and oil prices rise we are going to see Iraq take off.
5-12-2020 Intel Guru MarkZ [via PDK] [Are 800 numbers real?] According to my banking guys…these guys work in banking and helped set up redemption centers…they say yes …800 numbers are absolutely real. [NOTE: Some gurus say yes some gurus say no on 800#s. Some gurus say avoid 800# for security reasons - The Dinar Guru community is over 100k strong...we'll share the real-world experiences of members - the good the bad and the ugly of 800# so you stay safe and avoid problems...be sure you're signed up for RV Dinar Alerts in the blue box at the top of this page...it's free.]
5-12-2020 Intel Guru RayRen98 On Tuesday, the Parliamentary Finance Committee has set several options to address the financial hardship:
-Exchange rate change
-Stop the imports
-Stop the currency auctions
-Prepare a Special Budget
-Open the door for investment
-Support the private sector
5-12-2020 Newshound Guru MilitiaMan Article: "The economic crisis" at the table of Al-Kazemi and the World Bank" The World Bank and the IMF have been very vocal lately about immediate solutions and if there was a time to allow currencies into the SDR, the time is now as they put it. The last is based off their words last week real close. Iraq was the stage of some very important meetings and I suspect the members were asked if they were ready to facilitate Iraq into a social market economy. By the sounds of the way the USA and Iraq are mirroring each other financially and politically, shows we are in sync and the time has come to take Iraq in into the international world! Very powerful times we are in and witnessing! Here the...new PM again is hitting the ground running with the World Bank again... Wow...
5-12-2020 Intel Guru MarkZ [via PDK] No change is rates from Iraq yet…there is chatter to watch the publication of “The Gazette” tomorrow… [Can we exchange without Iraq reinstating their currency?] it will go at the same time…we won’t be exchanging until they revalue…and they will revalue at the same time the reset happens…[Do you still think we will be done and out the door by the end of May?] Yes I think we will be done and out the door by the end of May.
5-12-2020 Newshound/Intel Guru Walkingstick [via Frank26] Are the auctions back? The answer is yes. Why are the auctions back? They had to. But just as fast as you saw the auctions return expect and prepare yourself for the auctions once again to disappear and be turned off again. The reason for it is because they need to put in the REER. Turning off the auctions caused them to learn a good lesson. You see they didn't have cash. They were short on the USD side...even with all of that and putting down the auctions the CBI was still able to maintain the exchange rate of the Iraqi dinar...
5-12-2020 Newshound Guru Pimpy Article: "Trump to Al-Kazemi: Iraq is a strong and important country ready to support its economy". Wow...what are some of the ways Trump can help Al-Kazemi support its economy over there in Iraq? Yep, you guys are thinking the same thing I am. Change the rate...I'm telling you I've been doing the pee-pee dance a little bit on this. It's a lot of activity. A lot of talk about the economy. I think if Trump really wants to keep Iraq in his good graces as well as the American people he'll just go ahead and change the rate. This will kill three birds with one stone. 1. It will kick-start the economy over here in the United States. 2. It would kick start the economy around the world because so many people hold on to the Iraqi dinar. 3. It would help out the Iraqi people greatly...I like the fact there's a lot of activity going on between Trump, Mike Pompeo, the UN as well as Iraq. This is big...
5-12-2020 Dinar Guru Update The Central Bank of Iraq's website is down again this morning. "Service Unavailable: The server is temporarily unable to service your request due to maintenance downtime or capacity problems. Please try again later." The CBI website has been up and down for maintenance every couple of days lately...this is not a normal pattern. Stay tuned as the gurus chime in on what they suspect is happening behind the scenes...
5-12-2020 Intel Guru Footforward there will always be corruption of some kind. There will always be some reason to say a certain time isn't ideal [for the RV]. Now is as good of a time as any.
5-12-2020 Intel Guru RayRen98 On Tuesday, the Parliamentary Finance Committee has set several options to address the financial hardship:
-Exchange rate change
-Stop the imports
-Stop the currency auctions
-Prepare a Special Budget
-Open the door for investment
-Support the private sector
5-12-2020 Newshound Guru MilitiaMan Article: "The economic crisis" at the table of Al-Kazemi and the World Bank" The World Bank and the IMF have been very vocal lately about immediate solutions and if there was a time to allow currencies into the SDR, the time is now as they put it. The last is based off their words last week real close. Iraq was the stage of some very important meetings and I suspect the members were asked if they were ready to facilitate Iraq into a social market economy. By the sounds of the way the USA and Iraq are mirroring each other financially and politically, shows we are in sync and the time has come to take Iraq in into the international world! Very powerful times we are in and witnessing! Here the...new PM again is hitting the ground running with the World Bank again... Wow...
5-12-2020 Intel Guru MarkZ [via PDK] No change is rates from Iraq yet…there is chatter to watch the publication of “The Gazette” tomorrow… [Can we exchange without Iraq reinstating their currency?] it will go at the same time…we won’t be exchanging until they revalue…and they will revalue at the same time the reset happens…[Do you still think we will be done and out the door by the end of May?] Yes I think we will be done and out the door by the end of May.
5-12-2020 Newshound/Intel Guru Walkingstick [via Frank26] Are the auctions back? The answer is yes. Why are the auctions back? They had to. But just as fast as you saw the auctions return expect and prepare yourself for the auctions once again to disappear and be turned off again. The reason for it is because they need to put in the REER. Turning off the auctions caused them to learn a good lesson. You see they didn't have cash. They were short on the USD side...even with all of that and putting down the auctions the CBI was still able to maintain the exchange rate of the Iraqi dinar...
5-12-2020 Newshound Guru Pimpy Article: "Trump to Al-Kazemi: Iraq is a strong and important country ready to support its economy". Wow...what are some of the ways Trump can help Al-Kazemi support its economy over there in Iraq? Yep, you guys are thinking the same thing I am. Change the rate...I'm telling you I've been doing the pee-pee dance a little bit on this. It's a lot of activity. A lot of talk about the economy. I think if Trump really wants to keep Iraq in his good graces as well as the American people he'll just go ahead and change the rate. This will kill three birds with one stone. 1. It will kick-start the economy over here in the United States. 2. It would kick start the economy around the world because so many people hold on to the Iraqi dinar. 3. It would help out the Iraqi people greatly...I like the fact there's a lot of activity going on between Trump, Mike Pompeo, the UN as well as Iraq. This is big...
5-12-2020 Dinar Guru Update The Central Bank of Iraq's website is down again this morning. "Service Unavailable: The server is temporarily unable to service your request due to maintenance downtime or capacity problems. Please try again later." The CBI website has been up and down for maintenance every couple of days lately...this is not a normal pattern. Stay tuned as the gurus chime in on what they suspect is happening behind the scenes...
5-12-2020 Intel Guru Footforward there will always be corruption of some kind. There will always be some reason to say a certain time isn't ideal [for the RV]. Now is as good of a time as any.
5-11-2020 Intel Guru Delta News about the nomination (Magda Tamimi) for the post of Governor of the Central Bank of Iraq...THIS LADY IS AMAZING IF SHE GET IT...SHE IS PRO RI FROM LONG TIME AGO...[Does this have to go for a vote...?] NO...PM CAN TAKE ALAQ AND PUT HER IF HE WANTS OVER NIGHT...LIKE MALIKI DID WITH SHABIBI ...BUT WE WILL SEE WHAT HAPPEN...
5-11-2020 Newshound Guru Pimpy Article: "Parliamentary Finance: The budget will be semi-annual and will be allocated to 3" Quote "the Parliament Finance Committee announced Sunday that the draft budget law will be semi-annual." Hmmm very very interesting. If it's semi-annual that's once every six months and what do we know that's coming up here in June? We know that the United Nations, the IMF, the United States are coming in to meet with the new government. I wonder what they're gonna talk about? Well we know what they are going to talk about - The security. The protesters. As well as the economy of Iraq. Hopefully they'll have some good news going into the second half of this semi-annual report...
5-11-2020 Intel Guru Footforward Things will start moving quickly on or after May 15th I believe...
5-11-2020 Intel Guru MarkZ [via PDK] I’m expecting a very busy week this week… [Lots of folks looking for today for the RV….] I’m not looking for today…but looking for news on timing later today...No change in value from Iraq... [Do you believe the RV will happen in the month of May?] Everybody is looking for it to happen in May...I think there is a great chance it will happen in May…unless political stuff drags it out further…but, all my banking sources, military sources, and Iraqi sources all say it’s in the Month of May…I hope they are right.
5-11-2020 Newshound Guru Pimpy ...all kinds of fun things are happening. One thing I can say about al-Kazemi...this guy is not playing around...he's already snapping his government together and he's still pushing for the remainder of the cabinet positions to be filled...I have a hunch these will be filled all within the next two weeks...I see a couple of deep articles that went on to say this guy is making a major push and he's pushing out all the Iranian puppets...
5-11-2020 Newshound Guru Pimpy Article: "Parliamentary Finance: The budget will be semi-annual and will be allocated to 3" Quote "the Parliament Finance Committee announced Sunday that the draft budget law will be semi-annual." Hmmm very very interesting. If it's semi-annual that's once every six months and what do we know that's coming up here in June? We know that the United Nations, the IMF, the United States are coming in to meet with the new government. I wonder what they're gonna talk about? Well we know what they are going to talk about - The security. The protesters. As well as the economy of Iraq. Hopefully they'll have some good news going into the second half of this semi-annual report...
5-11-2020 Intel Guru Footforward Things will start moving quickly on or after May 15th I believe...
5-11-2020 Intel Guru MarkZ [via PDK] I’m expecting a very busy week this week… [Lots of folks looking for today for the RV….] I’m not looking for today…but looking for news on timing later today...No change in value from Iraq... [Do you believe the RV will happen in the month of May?] Everybody is looking for it to happen in May...I think there is a great chance it will happen in May…unless political stuff drags it out further…but, all my banking sources, military sources, and Iraqi sources all say it’s in the Month of May…I hope they are right.
5-11-2020 Newshound Guru Pimpy ...all kinds of fun things are happening. One thing I can say about al-Kazemi...this guy is not playing around...he's already snapping his government together and he's still pushing for the remainder of the cabinet positions to be filled...I have a hunch these will be filled all within the next two weeks...I see a couple of deep articles that went on to say this guy is making a major push and he's pushing out all the Iranian puppets...
5-10-2020 Newshound/Intel Guru BGG [Reference Guru Mnt. Goat post dated 5-7-2020] A couple of key points… 1) None of this is how the secondary currency markets work (here in the U.S.)… 2) There are NO SUCH THING as actual “Dinar exchange centers” – NO SUCH THING. ...
5-10-2020 Intel Guru Footforward [Do you think it might RV this month or next?] in my opinion from now until the end of June presents an a window where things could go.
5-10-2020 Newshound Guru MilitiaMan [...EO 13303 expires on May 20th. If EO 13303 is not renewed... how does that effect our investment?] I read they signed it on a May 22nd, but, close enough...If it is not renewed Iraq would lose protection from creditors and that could be a bad thing. As for them allowing this to get that far to lose protection for us? I don't think for a minute there will be any worry about that, as the UST has a vested interest as we do. Today, I see Al-Kazemi has passed a law that allows for internal and external borrowing.. That suggests he has a way to pay off debts and that is where it gets good for us... I still think that is related to the huge article from the IMF and World Bank talking about other currencies getting into the SDR basket, as the time would be now per the article. imo...So, they'll need to have finances all sorted before they have the need to extend 13303 again. imo So, I am not worried about it being an issue.
5-10-2020 Intel Guru Footforward [Do you think it might RV this month or next?] in my opinion from now until the end of June presents an a window where things could go.
5-10-2020 Newshound Guru MilitiaMan [...EO 13303 expires on May 20th. If EO 13303 is not renewed... how does that effect our investment?] I read they signed it on a May 22nd, but, close enough...If it is not renewed Iraq would lose protection from creditors and that could be a bad thing. As for them allowing this to get that far to lose protection for us? I don't think for a minute there will be any worry about that, as the UST has a vested interest as we do. Today, I see Al-Kazemi has passed a law that allows for internal and external borrowing.. That suggests he has a way to pay off debts and that is where it gets good for us... I still think that is related to the huge article from the IMF and World Bank talking about other currencies getting into the SDR basket, as the time would be now per the article. imo...So, they'll need to have finances all sorted before they have the need to extend 13303 again. imo So, I am not worried about it being an issue.
5-9-2020 Newshound Guru MilitiaMan Article quote: "...the Prime Minister and the First Deputy Speaker of Parliament are quick to remedy the problem and it will be solved very soon and will not be prolonged until tomorrow, Sunday..." ...we can see the pressure mounting and if they are going to go digital and have the platform to do so ready behind the scenes we may be in for a very big surprise. The salaries need to get paid and the demonstrations suggest the heat is on and the heat is going to increase too! They suggest they payments will not be prolonged past or to tomorrow. If that is an indicator or not is sure looks like one!!
5-9-2020 Intel Guru Footforward We will need to watch around may 15th too...I'm not hinting at anything. It's a date that keeps coming up.
5-9-2020 Newshound Guru MilitiaMan The new PM has a very serious and a professional back ground and some serious issues to tackle...The country has no liquidity and will need to implement the reforms to alleviate the lack of liquidity issue. imo...we know this last weekend there were meetings at the highest levels to provide immediate solutions. I believe that the PM was privy to those meetings and understands the totality of where they are in regard to the crisis. The tools and or solutions would have been discussed and options were probably on the table. The best ones were i'll bet the ones we are looking forward too. That is the citizens get jobs, they get purchase power and we do as well...All things point to the Reforms getting in place now and very quickly from here on out...The pressure is now far to intense to not....
5-9-2020 Newshound/Intel Guru Mnt Goat Article: "THE IRAQI PARLIAMENT APPROVES THE AL-KAZEMI GOVERNMENT .. AND THIS FORMATION" ...now lets see what AL-Kazemi is really going to do now that he made so many promises. Will he work with the CBI in the project to delete the zeros? Will the citizens now get the reforms promised?
5-9-2020 Newshound Guru Kaperoni ...Again economic and monetary policy are not random and require hard work. Iraq needs to create the conditions do invite investment and develop a market economy. There are no shortcuts.
5-9-2020 Newshound Guru Pimpy There are a lot of people out there that hold Iraqi dinar. There is a lot of us anticipating that the reinstatement rate or the revaluation rate is somewhere [between] $1 to $3.50...that is going to create a lot of millionaires...people are going to go out there and spend their money. You're going to see a bump in the economy enough to where it would win him reelection for sure. That's just my opinion. That seems to be the consensus between everybody that I'm talking to. Even people that don't even like Trump are like If Trump changes the rate I would vote for him... [post 2 of 2]
5-9-2020 Newshound Guru Pimpy ...there's this weird type of energy, this weird type of upbeat feeling for some reason. Everybody's feeling really good...we were this close last year but why does it seem different? Because it does feel a little different...there's like this weird optimism happening. I can share with you why I feel optimistic about this. 1 - the Prime Minister is in there. 2 - His cabinet is not far from being done. 3 - If Donald Trump has control of the IQD reevaluation it would make sense to me if I were him if I was gonna pull the trigger I would do this between now and election day which is only a few months away. And the reason for that is we need to have some kind of economical rebound. Some kind of economical boom. [post 1 of 2....stay tuned]
5-9-2020 Intel Guru Footforward [... my question is this...Has your source given you a date or a window of when it will happen] they expected it to be done by the end of march. There is an urgency with all that's going on. They would expect it by the end of June now. This really "should have" happened already...
5-9-2020 Intel Guru Footforward We will need to watch around may 15th too...I'm not hinting at anything. It's a date that keeps coming up.
5-9-2020 Newshound Guru MilitiaMan The new PM has a very serious and a professional back ground and some serious issues to tackle...The country has no liquidity and will need to implement the reforms to alleviate the lack of liquidity issue. imo...we know this last weekend there were meetings at the highest levels to provide immediate solutions. I believe that the PM was privy to those meetings and understands the totality of where they are in regard to the crisis. The tools and or solutions would have been discussed and options were probably on the table. The best ones were i'll bet the ones we are looking forward too. That is the citizens get jobs, they get purchase power and we do as well...All things point to the Reforms getting in place now and very quickly from here on out...The pressure is now far to intense to not....
5-9-2020 Newshound/Intel Guru Mnt Goat Article: "THE IRAQI PARLIAMENT APPROVES THE AL-KAZEMI GOVERNMENT .. AND THIS FORMATION" ...now lets see what AL-Kazemi is really going to do now that he made so many promises. Will he work with the CBI in the project to delete the zeros? Will the citizens now get the reforms promised?
5-9-2020 Newshound Guru Kaperoni ...Again economic and monetary policy are not random and require hard work. Iraq needs to create the conditions do invite investment and develop a market economy. There are no shortcuts.
5-9-2020 Newshound Guru Pimpy There are a lot of people out there that hold Iraqi dinar. There is a lot of us anticipating that the reinstatement rate or the revaluation rate is somewhere [between] $1 to $3.50...that is going to create a lot of millionaires...people are going to go out there and spend their money. You're going to see a bump in the economy enough to where it would win him reelection for sure. That's just my opinion. That seems to be the consensus between everybody that I'm talking to. Even people that don't even like Trump are like If Trump changes the rate I would vote for him... [post 2 of 2]
5-9-2020 Newshound Guru Pimpy ...there's this weird type of energy, this weird type of upbeat feeling for some reason. Everybody's feeling really good...we were this close last year but why does it seem different? Because it does feel a little different...there's like this weird optimism happening. I can share with you why I feel optimistic about this. 1 - the Prime Minister is in there. 2 - His cabinet is not far from being done. 3 - If Donald Trump has control of the IQD reevaluation it would make sense to me if I were him if I was gonna pull the trigger I would do this between now and election day which is only a few months away. And the reason for that is we need to have some kind of economical rebound. Some kind of economical boom. [post 1 of 2....stay tuned]
5-9-2020 Intel Guru Footforward [... my question is this...Has your source given you a date or a window of when it will happen] they expected it to be done by the end of march. There is an urgency with all that's going on. They would expect it by the end of June now. This really "should have" happened already...
5-8-2020 Intel Guru Bruce [via WiserNow] we are still really close – however...there had been some shenanigans to try to make this a taxable event...I have told you for ...many years – this is NOT a taxable event to us...that got removed last night - in other words – they handled it...it’s NOT there – there is NO tax on this currency exchange...that precipitated a new rewrite of the protocol and procedures of the currency exchange ...at least they are redoing it so that when we go in it will be clean and easy for us to go through – I look at it as a positive...Also in the news we have Iran has revalued in the past 2-3 days and also Iraq and congrats to Iraq for a newly elected PM...Iraq is still being a little bit quiet on the release of their revalued Dinar – It’s only a matter of time that will be known...Everything is on cruise I believe and if they don’t find something else to slow us down I believe we are looking good if we do in fact have a confirmation on the value date of Monday 5 / 11... [Please consult your tax professional at the appropriate time.]
5-8-2020 Intel Guru Footforward I've said my opinion is to plan for around 3 bucks on the dinar and 5-10 cents on the dong. I never said the rates can't be higher. But I will never give out the specific rate on the dinar. For a reason. People talk to me because they know I can keep my mouth shut and I don't care about attention...
5-8-2020 Newshound Guru Jeff ...For the entire month of May there is only one day that qualifies for the rate change to even be able to happen...large rate changes can only occur over a period time when all financial markets are closed around the world...that's why Kuwait did there's on early Sunday morning March 24th of '91...Sunday is Iraq's and Kuwait's first business day of their weeks...Iraq will also have to have an in-country holiday to justify shutting and closing down their in country financial markets such as their ISX and their currency auctions. For the month of May Iraq only has one weekend holiday period. That happens to be Sunday May 24th. If Iraq is going to change the rate in the month of May the only day they could do it on...would be Sunday May 24th...they said they'll have the government done by May 23rd...everything is looking good. Moving in the right direction...
5-8-2020 Intel Guru MarkZ [via PDK] Government contacts are looking for mid May…my financial guys in the rafters are looking for the new currencies to be in place on June 1st. …so things look good. My bankers here are looking at this weekend…I still believe we may be a couple weeks out…just an opinion. But, I really hope the bankers are right.
5-8-2020 Newshound Guru MilitiaMan They know the secondary markets are the place to be in to defend oil price swings, currency, etc.. They know when they get fully Article 8 compliant with a new international rate, the SDR basket will or may at least have serious relevance... The Time is now. They can not get to the level they need to be or where it is even an option to do either of the two possibilities with out a strong international currency, imo. No SDR or Secondary Market is on the table at a program rate. Neither one of them can happen with out them lifting the value of the IQD, imo. They had no, nor have now, any more options to put it off!! They are in a corner and the new PM knows it. [post 2 of 2]
5-8-2020 Newshound Guru MilitiaMan Article quote: "...the Prime Minister in consultation with the Minister of Finance may launch the exchange when liquidity is available" Kinda looks like the Prime Minister and the Finance Minister had a chat about launching the, or an exchange when liquidity is available.. Well what liquidity are they talking about? They have no hard currency ($USD) nor will they apparently be getting any more any time soon, either. They know they will have liquidity once they inject the new currency to a live international level. A program rate is going no where! imo. [post 1 of 2....stay tuned]
5-8-2020 Intel Guru RayRen98 Iraqi citizens are calling for the arrest and trial of former Prime Minister Mahdi now that Al-Kazemi has been voted on and accepted. Al-Kazemi will send the budget bill to the Parliament before Eid al-Fitr, which begins on Saturday, May 23, 2020 and ends on Sunday, May 24, 2020.
5-8-2020 Intel Guru Footforward I've said my opinion is to plan for around 3 bucks on the dinar and 5-10 cents on the dong. I never said the rates can't be higher. But I will never give out the specific rate on the dinar. For a reason. People talk to me because they know I can keep my mouth shut and I don't care about attention...
5-8-2020 Newshound Guru Jeff ...For the entire month of May there is only one day that qualifies for the rate change to even be able to happen...large rate changes can only occur over a period time when all financial markets are closed around the world...that's why Kuwait did there's on early Sunday morning March 24th of '91...Sunday is Iraq's and Kuwait's first business day of their weeks...Iraq will also have to have an in-country holiday to justify shutting and closing down their in country financial markets such as their ISX and their currency auctions. For the month of May Iraq only has one weekend holiday period. That happens to be Sunday May 24th. If Iraq is going to change the rate in the month of May the only day they could do it on...would be Sunday May 24th...they said they'll have the government done by May 23rd...everything is looking good. Moving in the right direction...
5-8-2020 Intel Guru MarkZ [via PDK] Government contacts are looking for mid May…my financial guys in the rafters are looking for the new currencies to be in place on June 1st. …so things look good. My bankers here are looking at this weekend…I still believe we may be a couple weeks out…just an opinion. But, I really hope the bankers are right.
5-8-2020 Newshound Guru MilitiaMan They know the secondary markets are the place to be in to defend oil price swings, currency, etc.. They know when they get fully Article 8 compliant with a new international rate, the SDR basket will or may at least have serious relevance... The Time is now. They can not get to the level they need to be or where it is even an option to do either of the two possibilities with out a strong international currency, imo. No SDR or Secondary Market is on the table at a program rate. Neither one of them can happen with out them lifting the value of the IQD, imo. They had no, nor have now, any more options to put it off!! They are in a corner and the new PM knows it. [post 2 of 2]
5-8-2020 Newshound Guru MilitiaMan Article quote: "...the Prime Minister in consultation with the Minister of Finance may launch the exchange when liquidity is available" Kinda looks like the Prime Minister and the Finance Minister had a chat about launching the, or an exchange when liquidity is available.. Well what liquidity are they talking about? They have no hard currency ($USD) nor will they apparently be getting any more any time soon, either. They know they will have liquidity once they inject the new currency to a live international level. A program rate is going no where! imo. [post 1 of 2....stay tuned]
5-8-2020 Intel Guru RayRen98 Iraqi citizens are calling for the arrest and trial of former Prime Minister Mahdi now that Al-Kazemi has been voted on and accepted. Al-Kazemi will send the budget bill to the Parliament before Eid al-Fitr, which begins on Saturday, May 23, 2020 and ends on Sunday, May 24, 2020.
5-7-2020 *** Dinar Guru Newsflash *** Iraq has a new Prime Minister...(sorta)! PM Al-Kazemi and 15 of his ministers given a vote of confidence. This is fantastic news for the stability of Iraq and the dinar. The very important Minister of Defense and Interior were included in the 15 passed ministers. What was not included was the Minister of Justice and four other ministers. It's unclear if these other ministers are needed for the government to be considered "official". In the past all 20 ministers were needed to move forward. Stay tuned as the gurus chime in on the significance of this accomplishment and what it means for the dinar. The latest guru posts will continue below...
5-7-2020 Newshound/Intel Guru Mnt Goat Don’t worry what the exchange rate of the dinar is in Iraq. ...The CBI will limit the exchange rate in Iraq for reasons I will not get into today. We are ONLY concerned with the rate on FOREX and what we can negotiate with the banks. Most banks will just have a standard rate of exchange, take it or leave it. AS far as any contract rates we know that China did pre-purchase oil credits from the US and so these credits we have an opportunity to share in, if we so desire. The only way you will know for sure is to ASK when you sit down to exchange. If they can’t tell you or say they don’t know, then go to another bank. Yes, there are going to be special s0-called exchange centers, but be careful that you go to an actual exchange center and not some scam as there are going to be many of these scams at this time. [Dinar Guru has over 100K members...we'll share the good bad and the ugly of exchange experiences. Be sure you don't miss a thing by being a member-- it's free -- enter your name and email the blue box above.]
5-7-2020 Intel Guru Footforward [So we "Should" see the budget between now and May 24th, the end of Eid-Al-Fitr.] I'd be surprised if the budget even takes that long. If it does it's because they are bickering over a few minor points. I was told the budget has been done for months with just a few fine points needing to be worked out.
5-7-2020 Newshound Guru Jeff ...this is my opinion - the last remaining seven ministers most likely will not be needed or required for the rate change... Pompeo Tweet "...Great to speak with new Iraqi Prime Minister Mustafa al-Kadhimi. Now comes the urgent, hard work of implementing the reforms demanded by the Iraqi people. I pledged to help him deliver on his bold agenda for the sake of the Iraqi people." ...according to what Pompeo said here that the next move is the reforms which is the demands of the people. That can't happen without a rate change. So based on this comment Iraq's next move is the rate change...the news is going to go dark and quiet for the next few weeks...
5-7-2020 Intel Guru MarkZ These are HUGE…Iraqs new PM said they were done being the world’s battlefield…and Iraq was going to be stable with prosperity. So everyone knows now that Iraq did seat a new Prime Minister and over 50% of his cabinet is already sat and in place. And Iran drops zeros and changes its currency from Rial to Toman… We have always been told to look for some things to be in place…and I understand they will start exchanging in Iran within the next 10 days to the new currency. If this is true it tells us we are right here…We should all be preparing for “post RV” at this time…
5-7-2020 Intel Guru Bruce [via WiserNow] ...We know that Iraq cannot announce their new currency even though they’ve had it revalued for a while and had it on the CBI website but immediately sort of took it down – they can’t really announce that until we say they can – which is strange – I know – but it is just so closely held until we’re ready to start...when we’re ready to start that is as early as the Iraqi Dinar revaluation is going to be seen...It’s been over a week ago now...We’ve seen it kinda go up in value and we’ve seen a rate approaching – but not quite as high as $10.00 – That’s an in country so called rate because it’s there for Iraqi’s and on their QI cards – it’s not necessarily going to be on a bank screen or a CBI website – no it won’t be there yet – so if that rate holds up – is it going to be a front screen rate on our banks – I don’t know – could be...I’m excited and it looks like we are finally coming down to the wire – we had some false starts – we had a big weekend – it’s all good...
5-7-2020 Newshound Guru Pimpy ...Lo and behold sure enough our boy al-Kazemi made it in there and then Mike Pompeo sent a letter..."the United States will move forward with 120 day electricity waiver as a display of our desire to help provide the right conditions for success. The Secretary and Prime Minister also discussed the upcoming US-Iraq strategic dialogue and how they look forward to working together to provide the Iraq people with prosperity...and security that they deserve" ...this is going in a very interesting direction...we know that sometime in June that the United State with the United Nations along with the IMF are gonna meet with the Iraqi government and they're going to talk about some things...Let's hope they're talking about the prosperity part of this...we all know that part of the prosperity and one of the things that can help them is what? The increase in the exchange rate...
5-7-2020 Newshound Guru Kaperoni Many news outlets in Iraq confirming now. It is official, Kazemi is the new prime minister of Iraq along with 15 members of his cabinet. Five to seven more members will be voted on tomorrow. The only thing that has been accomplished as a result of the Parliamentary vote today to confirm the Prime Minister and his cabinet is that it should bring a sense of stability to Iraq. A news article surface today indicating Sadrs political bloc may have influence and control over who is the Central Bank of Iraq governor as a condition for voting for the new prime minister. We will have to see if that in fact is true but that may be significant.
5-7-2020 Intel Guru Footforward [What do y'all think the new PM will have to do with the RV?] ...his biggest contribution is that he's not an Iranian hack...It's helpful...So he's not something that would hold back the RV. ...But it's not something that forces the RV to happen. It's like oil in a a car. Oil doesn't run the car, but the car runs better with oil in the engine.
5-7-2020 Intel Guru Bruce [via WiserNow] ...We know that Iraq cannot announce their new currency even though they’ve had it revalued for a while and had it on the CBI website but immediately sort of took it down – they can’t really announce that until we say they can...but it is just so closely held until we’re ready to start...when we’re ready to start that is as early as the Iraqi Dinar revaluation is going to be seen...It’s been over a week ago now...We’ve seen it kinda go up in value and we’ve seen a rate approaching – but not quite as high as $10.00 – That’s an in country so called rate because it’s there for Iraqi’s and on their QI cards – it’s not necessarily going to be on a bank screen or a CBI website – no it won’t be there yet – so if that rate holds up – is it going to be a front screen rate on our banks – I don’t know – could be...I’m excited and it looks like we are finally coming down to the wire – we had some false starts – we had a big weekend – it’s all good...
5-7-2020 Intel Guru Footforward [So we "Should" see the budget between now and May 24th, the end of Eid-Al-Fitr.] I'd be surprised if the budget even takes that long. If it does it's because they are bickering over a few minor points. I was told the budget has been done for months with just a few fine points needing to be worked out.
5-7-2020 Newshound Guru Jeff ...this is my opinion - the last remaining seven ministers most likely will not be needed or required for the rate change... Pompeo Tweet "...Great to speak with new Iraqi Prime Minister Mustafa al-Kadhimi. Now comes the urgent, hard work of implementing the reforms demanded by the Iraqi people. I pledged to help him deliver on his bold agenda for the sake of the Iraqi people." ...according to what Pompeo said here that the next move is the reforms which is the demands of the people. That can't happen without a rate change. So based on this comment Iraq's next move is the rate change...the news is going to go dark and quiet for the next few weeks...
5-7-2020 Intel Guru MarkZ These are HUGE…Iraqs new PM said they were done being the world’s battlefield…and Iraq was going to be stable with prosperity. So everyone knows now that Iraq did seat a new Prime Minister and over 50% of his cabinet is already sat and in place. And Iran drops zeros and changes its currency from Rial to Toman… We have always been told to look for some things to be in place…and I understand they will start exchanging in Iran within the next 10 days to the new currency. If this is true it tells us we are right here…We should all be preparing for “post RV” at this time…
5-7-2020 Intel Guru Bruce [via WiserNow] ...We know that Iraq cannot announce their new currency even though they’ve had it revalued for a while and had it on the CBI website but immediately sort of took it down – they can’t really announce that until we say they can – which is strange – I know – but it is just so closely held until we’re ready to start...when we’re ready to start that is as early as the Iraqi Dinar revaluation is going to be seen...It’s been over a week ago now...We’ve seen it kinda go up in value and we’ve seen a rate approaching – but not quite as high as $10.00 – That’s an in country so called rate because it’s there for Iraqi’s and on their QI cards – it’s not necessarily going to be on a bank screen or a CBI website – no it won’t be there yet – so if that rate holds up – is it going to be a front screen rate on our banks – I don’t know – could be...I’m excited and it looks like we are finally coming down to the wire – we had some false starts – we had a big weekend – it’s all good...
5-7-2020 Newshound Guru Pimpy ...Lo and behold sure enough our boy al-Kazemi made it in there and then Mike Pompeo sent a letter..."the United States will move forward with 120 day electricity waiver as a display of our desire to help provide the right conditions for success. The Secretary and Prime Minister also discussed the upcoming US-Iraq strategic dialogue and how they look forward to working together to provide the Iraq people with prosperity...and security that they deserve" ...this is going in a very interesting direction...we know that sometime in June that the United State with the United Nations along with the IMF are gonna meet with the Iraqi government and they're going to talk about some things...Let's hope they're talking about the prosperity part of this...we all know that part of the prosperity and one of the things that can help them is what? The increase in the exchange rate...
5-7-2020 Newshound Guru Kaperoni Many news outlets in Iraq confirming now. It is official, Kazemi is the new prime minister of Iraq along with 15 members of his cabinet. Five to seven more members will be voted on tomorrow. The only thing that has been accomplished as a result of the Parliamentary vote today to confirm the Prime Minister and his cabinet is that it should bring a sense of stability to Iraq. A news article surface today indicating Sadrs political bloc may have influence and control over who is the Central Bank of Iraq governor as a condition for voting for the new prime minister. We will have to see if that in fact is true but that may be significant.
5-7-2020 Intel Guru Footforward [What do y'all think the new PM will have to do with the RV?] ...his biggest contribution is that he's not an Iranian hack...It's helpful...So he's not something that would hold back the RV. ...But it's not something that forces the RV to happen. It's like oil in a a car. Oil doesn't run the car, but the car runs better with oil in the engine.
5-7-2020 Intel Guru Bruce [via WiserNow] ...We know that Iraq cannot announce their new currency even though they’ve had it revalued for a while and had it on the CBI website but immediately sort of took it down – they can’t really announce that until we say they can...but it is just so closely held until we’re ready to start...when we’re ready to start that is as early as the Iraqi Dinar revaluation is going to be seen...It’s been over a week ago now...We’ve seen it kinda go up in value and we’ve seen a rate approaching – but not quite as high as $10.00 – That’s an in country so called rate because it’s there for Iraqi’s and on their QI cards – it’s not necessarily going to be on a bank screen or a CBI website – no it won’t be there yet – so if that rate holds up – is it going to be a front screen rate on our banks – I don’t know – could be...I’m excited and it looks like we are finally coming down to the wire – we had some false starts – we had a big weekend – it’s all good...
5-6-2020 Intel Guru Delta Article quote: "On Thursday, the House of Representatives voted to pass the government of Prime Minister Mustafa Al-Kazemi." Al-Kazemi’s government officially won the confidence of Parliament.
5-6-2020 Intel Guru Footforward ...its my opinion it [dong] will go up in value... [Hey well take a VND rate over $1 ALL DAY! Back in the early 70’s it was over $2.] ...I would love that. But i trust my sources and from the info I have, that isn't on the table...Same for the people expecting the dinar to be 16 dollars. That isn't on the table either...
5-6-2020 Newshound Guru Adam Montana DJIA, S&P, GOLD, pretty much everything is up, including OIL...and that is music to our ears! Over in Iraq, we have a "still waters run deep" situation... do you remember all the ruckus that was in the news during the short durations of the previous Prime Ministers? I'm not hearing the same level of noise right now. Al-Kazemi, the current figurehead for the position, seems to just be on cruise control. He's zooming down the political highway and there doesn't seem to be much getting in his way. Of course there is talk of disruption, but what's not being publicized is the actual progress - and there is plenty! ...Things are actually really good! In spite of my current optimism, we are at a critical point - things may turn in our favor quickly, and if they are going to turn right now... it is going to happen quickly, probably in the middle of our night, and without warning. They aren't going to give us too much of a head start, so we wait patiently and vigilantly...
5-6-2020 Intel Guru RayRen98 From news sources....The Speaker of Parliament, Muhammad Al-Halbousi, called on the parliamentarians to attend a session of confidence in the government of designate Mustafa Al-Kazemi. The Presidency of the House of Representatives announced a voting session on the ministerial program and the government cabinet for Wednesday, May 6, 2020, at 9:00 PM Iraqi time (which is 2:00 PM Eastern Time). The United States is assuming a very urgent and significant need to form the government of Mr. Mustafa Al-Kazemi. ...
5-6-2020 Intel Guru MarkZ [So what is the hold-up?] I don’t think there is a hold-up…my government sources still keep telling me not to look for anything before mid-May…they want everything in place by June 1st. I can’t change the timing…I know it’s coming and I take great comfort from the fact that banks are stopping lending...So banks are not kicking the can anymore…i took this as a good sign…I know it is close and it is coming...
5-6-2020 Newshound Guru Pimpy ...Trump's like look you're gonna see one hell of a second half of 2020 but we're going to see the best year ever in 2021. It's like he's anticipated being reelected and to be quite honest so am I. So whether this reinstatement is a part of that and it makes sense to me. And he did say something about a global boom. Why? Free trade. A reinstatement of the rate. An economy kicked because of all the newly created millionaires. Is it possible? Yes. We've been hearing for so long that this is fake. Tell me there's a huge part of you that's not gonna gloat once this happens because people doubted you...
5-6-2020 Newshound Guru Jeff ...they are not going to vote on the formation of the government until 9pm tonight...right now it's about 4:05 pm in the country of Iraq. We have roughly another 5 more hours to go... [You can see the Iraqi Time in the left column of this page.]
5-6-2020 Newshound/Intel Guru Mnt Goat So sooner than later may mean Jan 2021 or by some miracle we might see something this summer even. ...remember there is NEVER going to be an ideal time or perfect time when Iraq is going to be a model country. ...It seems for now that the finance committee and the CBI are on the same page for this to occur. ...For Iraq to go anywhere on the global marketplace it must have a globally recognized currency. I don’t even care what rate they initially come out as...Just get the damned rate back on FOREX and let the free market take it from there. [post 3 of 3]
5-6-2020 Newshound/Intel Guru Mnt Goat 5) Oil is on the rise, clocking in today [Tuesday] at about $30 a barrel and the day is not yet over; 6) China wants desperately to get their stronghold inside Iraq and invest with their billions of Chinese funds and get their guaranteed oil. They want to do this in 2020 not years down the road; 7) Corona virus is at a decline in Iraq, as they shut down the borders with Iran and are keeping them shut, for now. 8) The CBI is already geared up to replace the larger notes with the smaller denominations. This project is huge and is the “project to delete the zeros”...this...will lead us to the reinstatement on FOREX as the global rate. We are NOT going to be allowed to exchange our dinar at the banks unless two things happen: a) the IQD is reinstated back on FOREX and b) Sanctions are lifted on the currency (probably will happen at the same time);... [post 2 of 3....stay tuned]
5-6-2020 Newshound/Intel Guru Mnt Goat ...So the prospects of an RV sooner than later are good. ...I want everyone to know I do not mean that as soon at the government is announced they are going to RV... What do we see now that is different than last week: 1) Iraq should form their government this week, This should bring a sense of stability and security; 2) Iranian influence is at an all time low...This is mandated prior to any reinstatement; 3) Al-Kazimi promises to open up the corruption files meaning they could actually finally go after Nori al-Maliki and his gang of thugs... 4) Iraq has finally managed to cut off funding to Iran via the currency auctions...through sourcing dollars now only via electronic means. This allows transparency and audits of exactly where all the money is going. So they are now abiding by US sanctions on Iran; [post 1 of 3....stay tuned]
5-6-2020 Newshound Guru Kaperoni Iran apparently decided to delete 4 zeros today and introduce the Toman as the new currency. This took parliament approval and is a LOP. Very similar to what has been discussed with Iraq. This is not a RV/RI but a neutral event. We do not want to see Iraq do this...In fact, we have seen several articles in Iraq talk about parliamentary approval. Therefore, we know that is what the CBI is also considering. Parliamentary approval is not needed for traditional monetary policy.
5-6-2020 Intel Guru Footforward ...its my opinion it [dong] will go up in value... [Hey well take a VND rate over $1 ALL DAY! Back in the early 70’s it was over $2.] ...I would love that. But i trust my sources and from the info I have, that isn't on the table...Same for the people expecting the dinar to be 16 dollars. That isn't on the table either...
5-6-2020 Newshound Guru Adam Montana DJIA, S&P, GOLD, pretty much everything is up, including OIL...and that is music to our ears! Over in Iraq, we have a "still waters run deep" situation... do you remember all the ruckus that was in the news during the short durations of the previous Prime Ministers? I'm not hearing the same level of noise right now. Al-Kazemi, the current figurehead for the position, seems to just be on cruise control. He's zooming down the political highway and there doesn't seem to be much getting in his way. Of course there is talk of disruption, but what's not being publicized is the actual progress - and there is plenty! ...Things are actually really good! In spite of my current optimism, we are at a critical point - things may turn in our favor quickly, and if they are going to turn right now... it is going to happen quickly, probably in the middle of our night, and without warning. They aren't going to give us too much of a head start, so we wait patiently and vigilantly...
5-6-2020 Intel Guru RayRen98 From news sources....The Speaker of Parliament, Muhammad Al-Halbousi, called on the parliamentarians to attend a session of confidence in the government of designate Mustafa Al-Kazemi. The Presidency of the House of Representatives announced a voting session on the ministerial program and the government cabinet for Wednesday, May 6, 2020, at 9:00 PM Iraqi time (which is 2:00 PM Eastern Time). The United States is assuming a very urgent and significant need to form the government of Mr. Mustafa Al-Kazemi. ...
5-6-2020 Intel Guru MarkZ [So what is the hold-up?] I don’t think there is a hold-up…my government sources still keep telling me not to look for anything before mid-May…they want everything in place by June 1st. I can’t change the timing…I know it’s coming and I take great comfort from the fact that banks are stopping lending...So banks are not kicking the can anymore…i took this as a good sign…I know it is close and it is coming...
5-6-2020 Newshound Guru Pimpy ...Trump's like look you're gonna see one hell of a second half of 2020 but we're going to see the best year ever in 2021. It's like he's anticipated being reelected and to be quite honest so am I. So whether this reinstatement is a part of that and it makes sense to me. And he did say something about a global boom. Why? Free trade. A reinstatement of the rate. An economy kicked because of all the newly created millionaires. Is it possible? Yes. We've been hearing for so long that this is fake. Tell me there's a huge part of you that's not gonna gloat once this happens because people doubted you...
5-6-2020 Newshound Guru Jeff ...they are not going to vote on the formation of the government until 9pm tonight...right now it's about 4:05 pm in the country of Iraq. We have roughly another 5 more hours to go... [You can see the Iraqi Time in the left column of this page.]
5-6-2020 Newshound/Intel Guru Mnt Goat So sooner than later may mean Jan 2021 or by some miracle we might see something this summer even. ...remember there is NEVER going to be an ideal time or perfect time when Iraq is going to be a model country. ...It seems for now that the finance committee and the CBI are on the same page for this to occur. ...For Iraq to go anywhere on the global marketplace it must have a globally recognized currency. I don’t even care what rate they initially come out as...Just get the damned rate back on FOREX and let the free market take it from there. [post 3 of 3]
5-6-2020 Newshound/Intel Guru Mnt Goat 5) Oil is on the rise, clocking in today [Tuesday] at about $30 a barrel and the day is not yet over; 6) China wants desperately to get their stronghold inside Iraq and invest with their billions of Chinese funds and get their guaranteed oil. They want to do this in 2020 not years down the road; 7) Corona virus is at a decline in Iraq, as they shut down the borders with Iran and are keeping them shut, for now. 8) The CBI is already geared up to replace the larger notes with the smaller denominations. This project is huge and is the “project to delete the zeros”...this...will lead us to the reinstatement on FOREX as the global rate. We are NOT going to be allowed to exchange our dinar at the banks unless two things happen: a) the IQD is reinstated back on FOREX and b) Sanctions are lifted on the currency (probably will happen at the same time);... [post 2 of 3....stay tuned]
5-6-2020 Newshound/Intel Guru Mnt Goat ...So the prospects of an RV sooner than later are good. ...I want everyone to know I do not mean that as soon at the government is announced they are going to RV... What do we see now that is different than last week: 1) Iraq should form their government this week, This should bring a sense of stability and security; 2) Iranian influence is at an all time low...This is mandated prior to any reinstatement; 3) Al-Kazimi promises to open up the corruption files meaning they could actually finally go after Nori al-Maliki and his gang of thugs... 4) Iraq has finally managed to cut off funding to Iran via the currency auctions...through sourcing dollars now only via electronic means. This allows transparency and audits of exactly where all the money is going. So they are now abiding by US sanctions on Iran; [post 1 of 3....stay tuned]
5-6-2020 Newshound Guru Kaperoni Iran apparently decided to delete 4 zeros today and introduce the Toman as the new currency. This took parliament approval and is a LOP. Very similar to what has been discussed with Iraq. This is not a RV/RI but a neutral event. We do not want to see Iraq do this...In fact, we have seen several articles in Iraq talk about parliamentary approval. Therefore, we know that is what the CBI is also considering. Parliamentary approval is not needed for traditional monetary policy.
5-5-2020 Intel Guru Delta ...It looks like the Iraqi Stock Exchange did jump about 1000% for the month of February. Meaning the value of the stocks...and it looks like the IQD, jumped in value for some reason. Question "If that is the case why do we not see that reflect on the ISX when they opened?" Very good question...the Iraqi Stock Exchange does not have to show the true index until they go international...
5-5-2020 Newshound/Intel Guru Mnt Goat ...the news was all over the place as Iraq tried to pin down a date to vote on the new Al-Kazimi government line-up. So right now as it stands they did not yet take a vote in parliament and it will come down to...very close to the deadline day of May 7th. So we hear today they plan to vote on Wednesday. Article quote: "The Presidency of the House of Representatives decided to hold a voting session on the ministerial program and the government cabinet on Wednesday, 6/5/2020 at nine in the evening." Let’s see if they actually do it. Finally…
5-5-2020 Intel Guru MarkZ [via PDK] I know there is lots of chatter/rumors ...that things are all done…all the codes have been entered…the exchanges have started…. From Reno contact last night…they are prepared but have not started yet…. I spoke with a contact at a redemption center and they are in place. There are a few people in centers to keep the lights on while the rest wait for the “go ahead” …They are all prepared so we are close. We just have to wait for the “go”... There is a lot of smoke and lots of rumors and lots of leaks…they may be purposely putting it out there…so until we officially can go…try not to get to worked up just yet...we are close…
5-5-2020 Newshound Guru Jeff ...they've told us they're going to vote on the government tomorrow. They've also told us they would do it Thursday. It may be a one or two day session of parliament. We'll have to see how that unfolds and occurs...
5-5-2020 Newshound Guru Pimpy ...I told you guys this week's gonna be big. Not only are we gonna find out whether or not Al-Kazemi makes it in as P.M. and his cabinet gets voted or whether he fails and the President has the right to dissolve Parliament...this could be an exciting week...between tonight and tomorrow all the parliament members are going to be arriving to vote. The rumor is that he's going to get about 75% of the votes...
5-5-2020 Intel Guru RayRen98 From our citizen contact...USA sends important message to the Parliament of Iraq via USA ambassador to Iraq saying do not fail to form the government of Kazemi. If failure happens, USA will do whatever it needs to protect and take care of the Iraqi people.
5-5-2020 Intel Guru Delta "Parliament announces that the voting session for the ministerial program and the government cabinet will be held next Wednesday evening"
5-5-2020 Intel Guru Footforward ...its my opinion it [dong] will go up in value...
5-5-2020 Newshound Guru Kaperoni Iraq it's going to set aside Wednesday as the day for Parliament to vote on the new prime minister and his cabinet. We will have to wait and see if it's confirmed.
5-5-2020 Newshound/Intel Guru Mnt Goat ...the news was all over the place as Iraq tried to pin down a date to vote on the new Al-Kazimi government line-up. So right now as it stands they did not yet take a vote in parliament and it will come down to...very close to the deadline day of May 7th. So we hear today they plan to vote on Wednesday. Article quote: "The Presidency of the House of Representatives decided to hold a voting session on the ministerial program and the government cabinet on Wednesday, 6/5/2020 at nine in the evening." Let’s see if they actually do it. Finally…
5-5-2020 Intel Guru MarkZ [via PDK] I know there is lots of chatter/rumors ...that things are all done…all the codes have been entered…the exchanges have started…. From Reno contact last night…they are prepared but have not started yet…. I spoke with a contact at a redemption center and they are in place. There are a few people in centers to keep the lights on while the rest wait for the “go ahead” …They are all prepared so we are close. We just have to wait for the “go”... There is a lot of smoke and lots of rumors and lots of leaks…they may be purposely putting it out there…so until we officially can go…try not to get to worked up just yet...we are close…
5-5-2020 Newshound Guru Jeff ...they've told us they're going to vote on the government tomorrow. They've also told us they would do it Thursday. It may be a one or two day session of parliament. We'll have to see how that unfolds and occurs...
5-5-2020 Newshound Guru Pimpy ...I told you guys this week's gonna be big. Not only are we gonna find out whether or not Al-Kazemi makes it in as P.M. and his cabinet gets voted or whether he fails and the President has the right to dissolve Parliament...this could be an exciting week...between tonight and tomorrow all the parliament members are going to be arriving to vote. The rumor is that he's going to get about 75% of the votes...
5-5-2020 Intel Guru RayRen98 From our citizen contact...USA sends important message to the Parliament of Iraq via USA ambassador to Iraq saying do not fail to form the government of Kazemi. If failure happens, USA will do whatever it needs to protect and take care of the Iraqi people.
5-5-2020 Intel Guru Delta "Parliament announces that the voting session for the ministerial program and the government cabinet will be held next Wednesday evening"
5-5-2020 Intel Guru Footforward ...its my opinion it [dong] will go up in value...
5-5-2020 Newshound Guru Kaperoni Iraq it's going to set aside Wednesday as the day for Parliament to vote on the new prime minister and his cabinet. We will have to wait and see if it's confirmed.
5-3-2020 *** Dinar Guru News *** Guru Frank26 is having major surgery this next week. Whether you agree with his perspectives on the dinar or not or enjoy his colorful Frank26 ways of sharing or not, everyone agrees he has been an important contributor to the dinar community for a very long time. Our thoughts and prayers go out to him and his family. Get well Frank26...the community is behind you!!
5-2-2020 *** Dinar Guru News FLASH *** [UPDATE: The CBI did not change/edit the 100 point change in the official MARKET rate posted yesterday for the 27th. They're closed until Sunday]. The CBI is reporting a change in the official MARKET rate for the dinar! [The market rate is the street rate and different from the official CBI set rate of 1190.] This could be significant. As you know, after a few weeks hiatus, the CBI began to update the dinar market rate this week. It's been out of compliance with the IMF 2% rule on these updates. Today's CBI market rate update is for April 27th - it's showing a 100 point change to 1124. This is a STRONGER rate than the official CBI rate of 1190 (remember we want these numbers to go down NOT up). We're not sure if this is this a simple typo mistake or if this is real. If it's real, it's significant - the market rate is determined by demand in the Iraqi market and this shows demand is growing for the dinar. Stay tuned as the gurus chime in on this interesting news. The latest guru posts will continue below... [Note: you can always see the latest CBI official rate and market rate in the left column of this page.]
5-5-2020 *** Dinar Guru News Update *** The CBI updated their official market rate sheet...it appears last week's 1124 posted rate was an error. They changed the 27th rate to 1224. Today's market rate is 1229.50. This is out of compliance with the IMF's 2% rule. You can always see the CBI's latest official rate and market rate in the left column of this page. The latest guru posts will continue below...
5-4-2020 Intel Guru Delta Article: "The Minister of Finance and the Governor of the Central Bank stress the need to expedite the framing of immediate solutions to remedy the financial situation" ...THEY ARE READY TO START...IMO.
5-4-2020 Intel Guru Footforward ...in my opinion, dong between 5 and 50 cents, dinar between 3 and 6 dollars...It would be a miracle of the dong was above 50 cents...I never said it would be this week...I don't know exact time yet.
5-4-2020 Intel Guru MarkZ [via PDK] [Mark now with the States opening up this would be a good time to RV and get the economy going!] I agree... [Trump had said there are Trillions in private money waiting in the wings to help with infrastructure…] that would be us…
5-4-2020 Newshound Guru ChrisC [I saw something on forex graph graff a few days ago. It was showing VND .37 - .38...I don't know if that means anything. This same graph was showing IQD over 2.00] This IS interesting since that is almost exactly what we used to talk about the rate being after a RV. There would always be a bounce from that price to somewhere in the threes, of course we always want the threes but I would be happy with .37 at this point.
5-4-2020 Intel Guru Footforward [...You mentioned it would be advantageous for the VND to go 1st, do you think it will and will the IQD follow within a day or two? IYO] ...if the dinar and dong go separately I think they would be separated for a week or two. The dong has like a 20% chance of going first or separately. That would only be if Iraq isn't ready and Trump needs something immediately.
5-4-2020 Newshound Guru MilitiaMan Why is this so interesting for them to be down at this stage? Well the value of the exchange with using the data from the CBI site suggests a very large move is expected to the live ISX actual values for share pricing...They say it is down for technical requirements... Well value adjustments of such large size would warrant technical assistance...There are no coincidences at this stage of the game. REER...(real effective exchange rate)...IS COMING!! Imo. Let’s see what the CBI has to say next!! [post 2 of 2]
5-4-2020 Newshound Guru MilitiaMan Article: "The Website Of The Iraq Stock Exchange Has Stopped Working" I would like to mention the timing of the ISX being down since Thursday is very interesting. We know now that the CBIESD site shows the ISX Indice to have been adjusted from Blue to Black ink in respect to the Index value. The value increased by over 1000%. That fact is in stone imo. ...It wasn’t a glitch! if it was and they made changes today to other key items, then why not fix an “error" to such an important component of the sites structure in reporting? They would have by now imo fixed any error. [post 1 of 2....stay tuned]
5-4-2020 Intel Guru Footforward ...in my opinion, dong between 5 and 50 cents, dinar between 3 and 6 dollars...It would be a miracle of the dong was above 50 cents...I never said it would be this week...I don't know exact time yet.
5-4-2020 Intel Guru MarkZ [via PDK] [Mark now with the States opening up this would be a good time to RV and get the economy going!] I agree... [Trump had said there are Trillions in private money waiting in the wings to help with infrastructure…] that would be us…
5-4-2020 Newshound Guru ChrisC [I saw something on forex graph graff a few days ago. It was showing VND .37 - .38...I don't know if that means anything. This same graph was showing IQD over 2.00] This IS interesting since that is almost exactly what we used to talk about the rate being after a RV. There would always be a bounce from that price to somewhere in the threes, of course we always want the threes but I would be happy with .37 at this point.
5-4-2020 Intel Guru Footforward [...You mentioned it would be advantageous for the VND to go 1st, do you think it will and will the IQD follow within a day or two? IYO] ...if the dinar and dong go separately I think they would be separated for a week or two. The dong has like a 20% chance of going first or separately. That would only be if Iraq isn't ready and Trump needs something immediately.
5-4-2020 Newshound Guru MilitiaMan Why is this so interesting for them to be down at this stage? Well the value of the exchange with using the data from the CBI site suggests a very large move is expected to the live ISX actual values for share pricing...They say it is down for technical requirements... Well value adjustments of such large size would warrant technical assistance...There are no coincidences at this stage of the game. REER...(real effective exchange rate)...IS COMING!! Imo. Let’s see what the CBI has to say next!! [post 2 of 2]
5-4-2020 Newshound Guru MilitiaMan Article: "The Website Of The Iraq Stock Exchange Has Stopped Working" I would like to mention the timing of the ISX being down since Thursday is very interesting. We know now that the CBIESD site shows the ISX Indice to have been adjusted from Blue to Black ink in respect to the Index value. The value increased by over 1000%. That fact is in stone imo. ...It wasn’t a glitch! if it was and they made changes today to other key items, then why not fix an “error" to such an important component of the sites structure in reporting? They would have by now imo fixed any error. [post 1 of 2....stay tuned]
5-3-2020 Intel Guru RayRen98 ...Iraqi TV reported in a breaking news, citing sources, that the voting session for the new Iraqi government headed by Mustafa Al-Kazemi will take place on Monday. Al-Kazemi has sent the full ministerial formation to the House of Representatives, explaining that the names of the candidates for the cabinet will be sent, within the constitutional period. Shiite blocs have given Al-Kazemi the green light to present his program and his government to Parliament and the request for a special confidence-granting session. The Speaker of Parliament, Mohamed Al-Halbousi, directed the members of the Council to be in Baghdad next Monday, expecting to hold a session to vote on the cabinet booth this week.
5-3-2020 Newshound Guru Kaperoni ...guru Frank26 still believes currency reform will happen very soon...There will not be until Iraq gets everything they need done which includes laws, a government, and the conditions for investors to want to participate in the private sector. Currency reform in any form is never random, or arbitrary. Currency reform is based on sound principles...
5-3-2020 Intel Guru Footforward [Question: President Trump re-signed the E.O 13303 on May 23, 2019. It's set to expire on the 20th of May, 2020... @footforward what are your thoughts on this EO?] ...if the RV doesn't happen by then I'd expect him to extend it. That's been happening for years. I wouldn't say that serves as a back end date. I do feel they want this done sooner rather then later.
5-3-2020 Newshound Guru Jeff Article: "Parliamentary source: Al-Halbousi instructed MPs to be in Baghdad next Monday" ...They're saying they're gonna do it [vote] on Monday. We'll see if they do it on Monday. I don't care what day they do it because I already know they're gonna do it...
5-3-2020 Intel Guru Frank26 ...IMO...I will not cross the river with you. How long do you think it will take me to recover? Two weeks? ...whenever they do raise the value of this currency it's not like they're going to celebrate and throw fireworks up into the sky. It's not like they're gonna put it on the front page of the newspaper. The international world will probably talk about it but inside Iraq - business as usual...it won't be a big fan fair. They've been teaching them for a long time...there is a change coming to the monetary reform...
5-3-2020 Newshound Guru Pimpy We do know that the U.N and IMF work in tangent with one another and they're the people that's going to pull the trigger on this deal...in order for the restriction on their currency to be removed there needs to be some type of stability. So having a PM in there along with his cabinet is going to lend a lot to stabilities to what's going on there in Iraq. Hopefully the UN will remove the restrictions and we'll see the IQD on the Forex. Once it starts trading I believe a lot of speculators are gonna jump all over that currency causing the exchange rate to jump up...we will see shortly... [post 2 of 2]
5-3-2020 Newshound Guru Pimpy Article: "Agreeing on public voting at the session to give confidence to the Al-Kazemi government" ...our boy Kazemi, it looks like he's going to pass...It looks like all the different voting blocks are going to go ahead and pass him...the constitution of Iraq article 76 says if they turn down this current nomination as PM then that means it gives the president the right to dissolve the parliament which is what I want to happen...what does this mean to our Iraqi dinar? What we're looking for is stability. I don't believe this government has anything to do with whether or not the rate change gets changed... [post 1 of 2....stay tuned]
5-3-2020 Newshound Guru Kaperoni ...guru Frank26 still believes currency reform will happen very soon...There will not be until Iraq gets everything they need done which includes laws, a government, and the conditions for investors to want to participate in the private sector. Currency reform in any form is never random, or arbitrary. Currency reform is based on sound principles...
5-3-2020 Intel Guru Footforward [Question: President Trump re-signed the E.O 13303 on May 23, 2019. It's set to expire on the 20th of May, 2020... @footforward what are your thoughts on this EO?] ...if the RV doesn't happen by then I'd expect him to extend it. That's been happening for years. I wouldn't say that serves as a back end date. I do feel they want this done sooner rather then later.
5-3-2020 Newshound Guru Jeff Article: "Parliamentary source: Al-Halbousi instructed MPs to be in Baghdad next Monday" ...They're saying they're gonna do it [vote] on Monday. We'll see if they do it on Monday. I don't care what day they do it because I already know they're gonna do it...
5-3-2020 Intel Guru Frank26 ...IMO...I will not cross the river with you. How long do you think it will take me to recover? Two weeks? ...whenever they do raise the value of this currency it's not like they're going to celebrate and throw fireworks up into the sky. It's not like they're gonna put it on the front page of the newspaper. The international world will probably talk about it but inside Iraq - business as usual...it won't be a big fan fair. They've been teaching them for a long time...there is a change coming to the monetary reform...
5-3-2020 Newshound Guru Pimpy We do know that the U.N and IMF work in tangent with one another and they're the people that's going to pull the trigger on this deal...in order for the restriction on their currency to be removed there needs to be some type of stability. So having a PM in there along with his cabinet is going to lend a lot to stabilities to what's going on there in Iraq. Hopefully the UN will remove the restrictions and we'll see the IQD on the Forex. Once it starts trading I believe a lot of speculators are gonna jump all over that currency causing the exchange rate to jump up...we will see shortly... [post 2 of 2]
5-3-2020 Newshound Guru Pimpy Article: "Agreeing on public voting at the session to give confidence to the Al-Kazemi government" ...our boy Kazemi, it looks like he's going to pass...It looks like all the different voting blocks are going to go ahead and pass him...the constitution of Iraq article 76 says if they turn down this current nomination as PM then that means it gives the president the right to dissolve the parliament which is what I want to happen...what does this mean to our Iraqi dinar? What we're looking for is stability. I don't believe this government has anything to do with whether or not the rate change gets changed... [post 1 of 2....stay tuned]
5-2-2020 Newshound Guru Kaperoni Article quote: ..."all countries of the world follow the policy of floating currency except in Iraq because the currency auction is one of the chapters of corruption that feed the pockets of spoilers," stressing that "floating the Iraqi dinar will protect Iraq's reserves from hard currency from loss and waste."
5-2-2020 Intel Guru Bruce [via WiserNow] We...heard – and we’ve seen that the Vietnamese Dong is no longer available to buy on Travelex which is a major site and you know if you have traveled that Travelex has a number of Kiosks in a number of airports globally – throughout the US and in other countries for currency exchange - Travelex does not want to be caught in the middle of a rate change so they no longer have the Dong for sale...Very few dealers still have dong for sale...
5-2-2020 Intel Guru RayRen98 Iraqi TV news is showing Al-Kazemi signing off on his government, stating it's done and ready for Parliament's vote on Sunday. Parliament confirms they have received the names of the cabinet from Al-Kazemi. ...Being shared in the news: 200 ministers will vote Sunday for Al-Kazemi and pass his cabinet also indicating that Sunday is the "day."
5-2-2020 Newshound Guru Vital Brad …This Sunday...they’re gonna be voting on the new government…
5-2-2020 Newshound Guru Pimpy ...Looks like Sunday or this weekend we're going to find out whether or not they have their PM. Is Al-Kazemi in there? Did he get his cabinet in there? Did they finally get what they needed or is this another flop? And then [Is] the President...going to take over dissolve the parliament and go ahead and just run new elections and have the people voted in themselves...?
5-2-2020 Intel Guru Bruce [via WiserNow] ...there has been something that was put out today or yesterday – about taxes – something was said that 50% tax would be levied on our exchange – I have to tell you that was a lie – there is no tax on our exchange – it is a tax free exchange...don’t worry – this is NOT a taxable event - we are just going to pay taxes on the income that is generated from your proceeds – not the proceed themselves... [Check with your Tax professional at the appropriate time.]
5-2-2020 Intel Guru Bruce [via WiserNow] We...heard – and we’ve seen that the Vietnamese Dong is no longer available to buy on Travelex which is a major site and you know if you have traveled that Travelex has a number of Kiosks in a number of airports globally – throughout the US and in other countries for currency exchange - Travelex does not want to be caught in the middle of a rate change so they no longer have the Dong for sale...Very few dealers still have dong for sale...
5-2-2020 Intel Guru RayRen98 Iraqi TV news is showing Al-Kazemi signing off on his government, stating it's done and ready for Parliament's vote on Sunday. Parliament confirms they have received the names of the cabinet from Al-Kazemi. ...Being shared in the news: 200 ministers will vote Sunday for Al-Kazemi and pass his cabinet also indicating that Sunday is the "day."
5-2-2020 Newshound Guru Vital Brad …This Sunday...they’re gonna be voting on the new government…
5-2-2020 Newshound Guru Pimpy ...Looks like Sunday or this weekend we're going to find out whether or not they have their PM. Is Al-Kazemi in there? Did he get his cabinet in there? Did they finally get what they needed or is this another flop? And then [Is] the President...going to take over dissolve the parliament and go ahead and just run new elections and have the people voted in themselves...?
5-2-2020 Intel Guru Bruce [via WiserNow] ...there has been something that was put out today or yesterday – about taxes – something was said that 50% tax would be levied on our exchange – I have to tell you that was a lie – there is no tax on our exchange – it is a tax free exchange...don’t worry – this is NOT a taxable event - we are just going to pay taxes on the income that is generated from your proceeds – not the proceed themselves... [Check with your Tax professional at the appropriate time.]
5-1-2020 Newshound Guru Pimpy …looks like our boy Kazemi might be making some headway…I believe it’s Sunday coming up here the day after tomorrow we will know what’s going on with our boy Al-Kazemi and his cabinet, whether they get voted in. This could be a big step towards what we're waiting for which of course is the revaluation or the reinstatement of the Iraqi dinars…
5-1-2020 Intel Guru Bruce [via WiserNow] ...we had heard that Australia started their exchanges under the RV – we heard that yesterday...The best information I have so far today from several sources is talking... Monday afternoon...that we could be notified...but more than likely our start would be on Tuesday...we’re just going to have to keep an eye on that... we can’t call it - I’m just telling you what I am hearing... did I think we had a shot of going by today...? Yes – but like a moving target the information changed...
5-1-2020 Newshound Guru Pimpy The following is my opinion based on research...The VND Dong is expected to raise its rate on May 7th.
5-1-2020 Intel Guru MarkZ We did have a couple banking reports where rates showed up for dinar and dong for a short bit... I was reaching out to bankers all morning and a couple of my banking sources and they say some rates started popping up for a short time and then going away…..This was on the dinar and the dong. They saw about .38 cents for the dong and about $2 for the dinar. No, I do not think that is what the true rates are going to be. Perhaps this is a testing or a priming of the system? Either way I take this as a good sign after having no signs for awhile. Don’t rule today out yet.
5-1-2020 Newshound Guru Pimpy ...Looks like Sunday or this weekend we're going to find out whether or not they have their PM. Is Al-Kazemi in there? Did he get his cabinet in there? Did they finally get what they needed or is this another flop? And then [Is] the President is going to take over dissolve the parliament and go ahead and just run new elections and have the people voted in themselves...?
5-1-2020 Newshound Guru Adam Montana [How will the the Iranians benefit from an Iraqi re-evaluation of their currency? Does the Iranians have stock piles of Iraq currency? And because of the Iranians having tons of Iraqi dinar will this prevent Iraq from re evaluating their currency?] Iran is a major factor in the current price of the Iraqi Dinar, I don't think anyone will disagree with that. I'm certain they do have a large amount of Iraqi Dinar, just like many other nations (including the US). And when this is actually "done", it may be that Iran and Iraq are at major odds, even flat out war, as a result of it all when we reach the next stage. The Middle East will always be at war... To answer your final question - and probably the most important one in the post - I don't believe that Iran's possession of Iraqi Dinar will prevent Iraq from raising the value. It may impact the "how", but not the "if".
5-1-2020 Intel Guru Bruce [via WiserNow] ...we had heard that Australia started their exchanges under the RV – we heard that yesterday...The best information I have so far today from several sources is talking... Monday afternoon...that we could be notified...but more than likely our start would be on Tuesday...we’re just going to have to keep an eye on that... we can’t call it - I’m just telling you what I am hearing... did I think we had a shot of going by today...? Yes – but like a moving target the information changed...
5-1-2020 Newshound Guru Pimpy The following is my opinion based on research...The VND Dong is expected to raise its rate on May 7th.
5-1-2020 Intel Guru MarkZ We did have a couple banking reports where rates showed up for dinar and dong for a short bit... I was reaching out to bankers all morning and a couple of my banking sources and they say some rates started popping up for a short time and then going away…..This was on the dinar and the dong. They saw about .38 cents for the dong and about $2 for the dinar. No, I do not think that is what the true rates are going to be. Perhaps this is a testing or a priming of the system? Either way I take this as a good sign after having no signs for awhile. Don’t rule today out yet.
5-1-2020 Newshound Guru Pimpy ...Looks like Sunday or this weekend we're going to find out whether or not they have their PM. Is Al-Kazemi in there? Did he get his cabinet in there? Did they finally get what they needed or is this another flop? And then [Is] the President is going to take over dissolve the parliament and go ahead and just run new elections and have the people voted in themselves...?
5-1-2020 Newshound Guru Adam Montana [How will the the Iranians benefit from an Iraqi re-evaluation of their currency? Does the Iranians have stock piles of Iraq currency? And because of the Iranians having tons of Iraqi dinar will this prevent Iraq from re evaluating their currency?] Iran is a major factor in the current price of the Iraqi Dinar, I don't think anyone will disagree with that. I'm certain they do have a large amount of Iraqi Dinar, just like many other nations (including the US). And when this is actually "done", it may be that Iran and Iraq are at major odds, even flat out war, as a result of it all when we reach the next stage. The Middle East will always be at war... To answer your final question - and probably the most important one in the post - I don't believe that Iran's possession of Iraqi Dinar will prevent Iraq from raising the value. It may impact the "how", but not the "if".
4-30-2020 Intel Guru RayRen98 BANK SOURCES ARE "OPENING UP" INDICATING NEW RATES ARE FORTHCOMING...SO WE WAIT...PATIENTLY. POSITIVE..."VERY" POSITIVE!
4-30-2020 Intel Guru Footforward [Question: Does it matter wether we have circulated or uncirculated dinars? Does the value change?] No...It shouldn't. Money is money unless that series has been discontinued Or replaced
4-30-2020 Newshound Guru Adam Montana Day
6jillion7bazillion876,9876,350,876 of the 'Rona lockdown...Countries like Iraq should certainly be wiped out and pleading for mercy... Especially with OIL taking the huge hit that it took recently! That is not the case...Iraq is not only "fine", they are more than fine! They have weathered a monster hit to the price of oil without lowering their rate. They are surviving an unbelievable shakeup of their government, and...(Thursday) to May 8 look to be key dates for finalizing some more of that critical work... Don't get me wrong - I'm not saying Coronavirus was a "hoax". On the contrary, it has been devastating for some... and the economic damage may never be fully calculated. But the world did not end. We will move past all of this. And the Iraqi Dinar is still a very real item that holds a massive amount of potential...
4-30-2020 Intel Guru MarkZ [via PDK] My folks in Iraq still think this could be our weekend…the banking side absolutely believe they are correct…that tonight is our night…I hope they are right…
4-30-2020 Intel Guru RayRen98 [Will executive order 13303 need to be renewed if the rv does not happen by May 20th? Will this change our chance of exchanging our currency?] NOTHING WILL CHANGE OUR CHANCE OF EXCHANGING...
4-30-2020 Intel Guru Bruce [via WiserNow] ...Usually our currencies can tell us something – so we know for example...Travel X stopped offering Vietnamese Dong for sale on their site -In other words – it disappeared – The Vietnamese Dong is no longer available...That is a great sign for us ...so why did that go away? It’s going away because the rate change is going to take place - and they don’t want to get caught in the middle of a rate change – so they have simply removed the Dong from the site – that is Big!...
4-30-2020 Newshound Guru Pimpy ...a nifty little tidbit of information that was brought to my attention that I had not paid attention to but might make a difference in our thought...from the White House, "Text of a Notice on the Continuation of the National Emergency with Respect to the Stabilization of Iraq" Executive Order 13303...this one was redone by Trump May 20, 2019...When they declared it [back in 2003] is when the currency was devalued. When this expires does this mean there are no longer any restriction on the Iraqi dinar? Does this mean we're finally going to see the Iraq dinar on forex? Does this means we're finally going to see the rate change?...On May 20, 2019 Trump extended it for one year. What does it mean when this expires? Trump might not extend this 13303...I don't want to get over-hyped...does this mean that on May 20, 2020 if they don't extend this does that mean any restrictions on the currency is then lifted? ...I'm curious what this means.
4-30-2020 Intel Guru RayRen98 Al-Kazemi says in the coming hours, he will release all names of his cabinet and within two days, he will announce a special session of Parliament to vote sometime next week and that the virus and Ramadan will not affect this session.
4-30-2020 Newshound Guru Jeff ...We are now only waiting for Iraq to form the GOI to go International...the new GOI will be approved by the constitutional deadline of May 8th...
4-30-2020 Intel Guru Footforward [Question: Does it matter wether we have circulated or uncirculated dinars? Does the value change?] No...It shouldn't. Money is money unless that series has been discontinued Or replaced
4-30-2020 Newshound Guru Adam Montana Day
6jillion7bazillion876,9876,350,876 of the 'Rona lockdown...Countries like Iraq should certainly be wiped out and pleading for mercy... Especially with OIL taking the huge hit that it took recently! That is not the case...Iraq is not only "fine", they are more than fine! They have weathered a monster hit to the price of oil without lowering their rate. They are surviving an unbelievable shakeup of their government, and...(Thursday) to May 8 look to be key dates for finalizing some more of that critical work... Don't get me wrong - I'm not saying Coronavirus was a "hoax". On the contrary, it has been devastating for some... and the economic damage may never be fully calculated. But the world did not end. We will move past all of this. And the Iraqi Dinar is still a very real item that holds a massive amount of potential...
4-30-2020 Intel Guru MarkZ [via PDK] My folks in Iraq still think this could be our weekend…the banking side absolutely believe they are correct…that tonight is our night…I hope they are right…
4-30-2020 Intel Guru RayRen98 [Will executive order 13303 need to be renewed if the rv does not happen by May 20th? Will this change our chance of exchanging our currency?] NOTHING WILL CHANGE OUR CHANCE OF EXCHANGING...
4-30-2020 Intel Guru Bruce [via WiserNow] ...Usually our currencies can tell us something – so we know for example...Travel X stopped offering Vietnamese Dong for sale on their site -In other words – it disappeared – The Vietnamese Dong is no longer available...That is a great sign for us ...so why did that go away? It’s going away because the rate change is going to take place - and they don’t want to get caught in the middle of a rate change – so they have simply removed the Dong from the site – that is Big!...
4-30-2020 Newshound Guru Pimpy ...a nifty little tidbit of information that was brought to my attention that I had not paid attention to but might make a difference in our thought...from the White House, "Text of a Notice on the Continuation of the National Emergency with Respect to the Stabilization of Iraq" Executive Order 13303...this one was redone by Trump May 20, 2019...When they declared it [back in 2003] is when the currency was devalued. When this expires does this mean there are no longer any restriction on the Iraqi dinar? Does this mean we're finally going to see the Iraq dinar on forex? Does this means we're finally going to see the rate change?...On May 20, 2019 Trump extended it for one year. What does it mean when this expires? Trump might not extend this 13303...I don't want to get over-hyped...does this mean that on May 20, 2020 if they don't extend this does that mean any restrictions on the currency is then lifted? ...I'm curious what this means.
4-30-2020 Intel Guru RayRen98 Al-Kazemi says in the coming hours, he will release all names of his cabinet and within two days, he will announce a special session of Parliament to vote sometime next week and that the virus and Ramadan will not affect this session.
4-30-2020 Newshound Guru Jeff ...We are now only waiting for Iraq to form the GOI to go International...the new GOI will be approved by the constitutional deadline of May 8th...
4-29-2020 Intel Guru Bruce Let’s talk about the Iraq Dinar – We had a reinstated rate – we had a revaluation take place last Sunday and we have...a rate – because the CBI website was up and then was taken down by Iraq on purpose – they did not want us to see what that rate is...The rate I understand was at $1.00 – the re-instatement rate – which was on par with the US dollar – and we believe it has elevated well above that rate...we do have the new rate on the bank screens now...our Forex guy – and certain bankers have acknowledged that there is a new rate – We have some idea as to what it is – but we are not at liberty to say - and we are just going to let that play out... I know they revalued – we have people that are directly connected to Iraq that have acknowledged that – so I feel very good about that... [post 2 of 2]
4-29-2020 Intel Guru Bruce [via WiserNow] ...we had heard – about a week ago that we had sort of a deadline or back wall – it appears that we have had a deadline in place for us to get started...we believe that deadline is Thursday – the last day of the month the 30th of April...It should not go beyond Thursday – Of course we know in this anything is possible – we already know that - but we also know they do want to get this thing started and we believe they want to get it started by or on Thursday April 30th... [post 1 of 2....stay tuned]
4-29-2020 Intel Guru MarkZ [via PDK] From my contacts...Zurich is still sitting on “wait”. Iraq is also sitting on “wait” they did not have a new rate this morning.
4-29-2020 Intel Guru Footforward they can vote on their government in December for all we care...We don't hear the CBI ever talk about needing a government to increase the rate...I'm absolutely certain about that one. They have a financial committee that runs the finances with or without a seated government. It's how everyone gets paid right now without a seated government.
4-29-2020 Newshound Guru Pimpy ... We know that over in Iraq...what we're waiting for is Al-Kazami whether he's going to get in there as Prime Minister and he's going to have his cabinet or government and they're gonna get voted in...we also know that in June the UN, IMF and the United States are going to be in Iraq...the article said it wasn't just about military bases...Do you think the United States would just pull out after everything that happened. Like Trump said do you think we will just leave and leave the bases there without getting paid? Looks like Trump is pulling out. This is what they [Iraq] wanted. Did they come up with some type of agreement? Hmmm I wonder. It makes you wonder. Do they have some kind of understanding? Does Trump know something we don't know? Is the rate change finally getting ready to happen?
4-29-2020 Newshound/Intel Guru Walkingstick [via Guru Frank26] ...they are giving them until the 26th of May. A credible government will be formed by May 26th and it's to allow them the time for the formation of a credible government...
4-29-2020 Intel Guru Delta ...[The CEO of the Iraqi Stock Exchange was asked] 'How come the Iraqi Stock Exchange is not going international?' He said very simple, because of foreign currency. Because the Iraqi dinar basically is not international. It's not tradable. It's not recognizable. Which is more confirmation to us...
4-29-2020 Intel Guru Frank26 ...REER - Real Effective Exchange Rate of the Iraqi Dinar ...monetary reform is ready to go. One of the final tuning is REER. They are establishing the Real Effective Exchange Rate of the Iraqi dinar and the reason for it is to counter fractional banking inside their country...
4-29-2020 Newshound/Intel Guru Mnt Goat ...There is still very strong talk (outside of the mainstream news media) that Allawi may still fill the prime minister position as he is the best candidate and fully supported by Mutada Al-Sadr. Remember Sadr won the 2018 election and it’s the reform party that gets to pick the new prime minister not the Iraqi Shiite political blocs. We will see what happens in the last days of Al-Kazemi 30 days period. Yes, this will go down to the wire again and not be decided prior to the final days...
4-29-2020 Intel Guru RayRen98 Al-Kazemi stated on Iraqi TV he will not be pressured and will do what's best for Iraq first. The Kurds and Sunnis have come to an agreement in cabinet selections while the Shiities are still blocking it. Al-Kazemi has until May 8, 2020, to get accepted, if not, the government will be dissolved and await September before all are newly elected.
4-29-2020 Intel Guru Bruce [via WiserNow] ...we had heard – about a week ago that we had sort of a deadline or back wall – it appears that we have had a deadline in place for us to get started...we believe that deadline is Thursday – the last day of the month the 30th of April...It should not go beyond Thursday – Of course we know in this anything is possible – we already know that - but we also know they do want to get this thing started and we believe they want to get it started by or on Thursday April 30th... [post 1 of 2....stay tuned]
4-29-2020 Intel Guru MarkZ [via PDK] From my contacts...Zurich is still sitting on “wait”. Iraq is also sitting on “wait” they did not have a new rate this morning.
4-29-2020 Intel Guru Footforward they can vote on their government in December for all we care...We don't hear the CBI ever talk about needing a government to increase the rate...I'm absolutely certain about that one. They have a financial committee that runs the finances with or without a seated government. It's how everyone gets paid right now without a seated government.
4-29-2020 Newshound Guru Pimpy ... We know that over in Iraq...what we're waiting for is Al-Kazami whether he's going to get in there as Prime Minister and he's going to have his cabinet or government and they're gonna get voted in...we also know that in June the UN, IMF and the United States are going to be in Iraq...the article said it wasn't just about military bases...Do you think the United States would just pull out after everything that happened. Like Trump said do you think we will just leave and leave the bases there without getting paid? Looks like Trump is pulling out. This is what they [Iraq] wanted. Did they come up with some type of agreement? Hmmm I wonder. It makes you wonder. Do they have some kind of understanding? Does Trump know something we don't know? Is the rate change finally getting ready to happen?
4-29-2020 Newshound/Intel Guru Walkingstick [via Guru Frank26] ...they are giving them until the 26th of May. A credible government will be formed by May 26th and it's to allow them the time for the formation of a credible government...
4-29-2020 Intel Guru Delta ...[The CEO of the Iraqi Stock Exchange was asked] 'How come the Iraqi Stock Exchange is not going international?' He said very simple, because of foreign currency. Because the Iraqi dinar basically is not international. It's not tradable. It's not recognizable. Which is more confirmation to us...
4-29-2020 Intel Guru Frank26 ...REER - Real Effective Exchange Rate of the Iraqi Dinar ...monetary reform is ready to go. One of the final tuning is REER. They are establishing the Real Effective Exchange Rate of the Iraqi dinar and the reason for it is to counter fractional banking inside their country...
4-29-2020 Newshound/Intel Guru Mnt Goat ...There is still very strong talk (outside of the mainstream news media) that Allawi may still fill the prime minister position as he is the best candidate and fully supported by Mutada Al-Sadr. Remember Sadr won the 2018 election and it’s the reform party that gets to pick the new prime minister not the Iraqi Shiite political blocs. We will see what happens in the last days of Al-Kazemi 30 days period. Yes, this will go down to the wire again and not be decided prior to the final days...
4-29-2020 Intel Guru RayRen98 Al-Kazemi stated on Iraqi TV he will not be pressured and will do what's best for Iraq first. The Kurds and Sunnis have come to an agreement in cabinet selections while the Shiities are still blocking it. Al-Kazemi has until May 8, 2020, to get accepted, if not, the government will be dissolved and await September before all are newly elected.
4-28-2020 *** Dinar Guru News Update *** The CBI made the first market rate update since March 17th Yesterday. They updated three days in April...the 21st, 22nd, 23rd. All three rate appear to be out of compliance with the IMF 2% rule. April 23rd market rate is 1225. Also, they changed the format of the numbers reported by dropping the three numbers to the right of the decimal point. This is not the first time the dinar has been out of compliance over the last couple year. In the past it's been out for a couple day and then returned to be well withing compliance for the monthly average. Will the CBI be able to do the same thing this time? Stay tuned as the gurus chime in to answer these questions... The latest guru updates will continue below...
4-28-2020 Intel Guru Footforward I see the dinar and dong revaluing, with small adjustments to a few other currencies...There is a chance the dong goes first. ...This isn't going to be a global currency reset...
4-28-2020 Intel Guru MarkZ [What countries are we expecting to RV…Iraq and ?] A Number of them are expected too…the ones we are watching closely are Vietnam and Iraq…
4-28-2020 Newshound Guru Adam Montana [Question: If it was to RV at .10 - 1.13 and we wait to cash in, until it goes up more, would we be able to keep it that long, and cash in at a higher rate? Or are we going to have a time limit to cash in?] That's a great question, and one nobody will be able to answer. It will depend entirely on what the CBI dictates, and they can do anything they want. [We will keep you posted if the CBI changes time-frame rules to 30 to 60 days for exchange - so stay tuned in.]
4-28-2020 Newshound Guru Pimpy ...we know the UN, the IMF and the State Department, Mike Pompeo, anyways are going to be meeting in Iraq in June. We know this is gonna happen. I know you guys are hoping just like I do that they go ahead and remove the restriction off the currency and allow them to trade on the Forex. Let's cross our fingers and hope that happens. If they do then...look forward to a lot of speculators to jump all over that currency. There are people who want to invest in a currency but are concerned because the currency is not recognized internationally. So you can only imagine what that's gonna do to the currency once it is floating and you can invest in it. It's gonna drive that sucker up. That just my opinion...
4-28-2020 Intel Guru Footforward ...the lack of a government is not holding up the RV what so ever...the two are not directly connected. Iran's influence has dwindled significantly. That matters more then then having a seated government. They have had a seated government numerous times recently. It hasn't produced an RV. ...we are not waiting on a seated government for an RV to happen. If the RV happens with no seated government, they have a financial committee to run things.
4-28-2020 Intel Guru MarkZ Not a lot of news…pretty much a nothing burger on the revaluation front. There are a lot of people back in place which is a good thing...the banking side is still expecting to see it between today and Thursday. My Iraq sources are still looking squarely at Wednesday. Hopefully we will see something.
4-28-2020 Intel Guru Delta ...A question was asked to the head of ISX why they did not go international. He said because of the currency issue...BOOM.
4-28-2020 Newshound Guru Pimpy ...the stock market is officially open... don't put all your eggs in one basket. Just because one person says this is the date...it would have been nice. I was kind of hoping for it...but I still absolutely positively feel 100% that this is gonna happen and it's gonna happen soon...So yeah the stock market has been open. We also know in addition to that the auctions are still happening...I know it's gonna happen soon. It's gonna happen this year I really believe that. There's no reason for it not to.
4-28-2020 Newshound Guru Adam Montana [Question: ...it would seem that Iraq is between a rock and a hard place. Oil down and Iraq once again has it hand out to the IMF and WB. This time the IMF and WB are pushing back...] YES! And they were told they would get no more than 2 billion dollars... that is nothing. We aren't the only ones who know that Iraq has the potential to solve their own problems. Time to GET IT DONE!
4-28-2020 Intel Guru MarkZ [What countries are we expecting to RV…Iraq and ?] A Number of them are expected too…the ones we are watching closely are Vietnam and Iraq…
4-28-2020 Newshound Guru Adam Montana [Question: If it was to RV at .10 - 1.13 and we wait to cash in, until it goes up more, would we be able to keep it that long, and cash in at a higher rate? Or are we going to have a time limit to cash in?] That's a great question, and one nobody will be able to answer. It will depend entirely on what the CBI dictates, and they can do anything they want. [We will keep you posted if the CBI changes time-frame rules to 30 to 60 days for exchange - so stay tuned in.]
4-28-2020 Newshound Guru Pimpy ...we know the UN, the IMF and the State Department, Mike Pompeo, anyways are going to be meeting in Iraq in June. We know this is gonna happen. I know you guys are hoping just like I do that they go ahead and remove the restriction off the currency and allow them to trade on the Forex. Let's cross our fingers and hope that happens. If they do then...look forward to a lot of speculators to jump all over that currency. There are people who want to invest in a currency but are concerned because the currency is not recognized internationally. So you can only imagine what that's gonna do to the currency once it is floating and you can invest in it. It's gonna drive that sucker up. That just my opinion...
4-28-2020 Intel Guru Footforward ...the lack of a government is not holding up the RV what so ever...the two are not directly connected. Iran's influence has dwindled significantly. That matters more then then having a seated government. They have had a seated government numerous times recently. It hasn't produced an RV. ...we are not waiting on a seated government for an RV to happen. If the RV happens with no seated government, they have a financial committee to run things.
4-28-2020 Intel Guru MarkZ Not a lot of news…pretty much a nothing burger on the revaluation front. There are a lot of people back in place which is a good thing...the banking side is still expecting to see it between today and Thursday. My Iraq sources are still looking squarely at Wednesday. Hopefully we will see something.
4-28-2020 Intel Guru Delta ...A question was asked to the head of ISX why they did not go international. He said because of the currency issue...BOOM.
4-28-2020 Newshound Guru Pimpy ...the stock market is officially open... don't put all your eggs in one basket. Just because one person says this is the date...it would have been nice. I was kind of hoping for it...but I still absolutely positively feel 100% that this is gonna happen and it's gonna happen soon...So yeah the stock market has been open. We also know in addition to that the auctions are still happening...I know it's gonna happen soon. It's gonna happen this year I really believe that. There's no reason for it not to.
4-28-2020 Newshound Guru Adam Montana [Question: ...it would seem that Iraq is between a rock and a hard place. Oil down and Iraq once again has it hand out to the IMF and WB. This time the IMF and WB are pushing back...] YES! And they were told they would get no more than 2 billion dollars... that is nothing. We aren't the only ones who know that Iraq has the potential to solve their own problems. Time to GET IT DONE!
4-27-2020 Newshound Guru Adam Montana [Question: ...Couldn't Iraq increase the currency/value as a nation by completing an RV despite the plummeting oil prices which accounts for most of the value?...] In a word: YES. The price per barrel of oil is a temporary situation. Iraq holding one of the largest physical stores of oil is not temporary. They are already talking about setting their budget on an amount much higher than current market. This situation with the price of oil will be remembered, but it will not last.
4-27-2020 Intel Guru Frank26 ...The Chief Executive Office of the Iraqi Stock Exchange prepared the ISX to receive a new rate...it's ready to receive the rate...not only is the Iraqi Stock Exchange going to receive the rate from the CBI...but it'll be so powerful it'll go beyond the Iraqi Stock exchange...the International world knows and is well prepared...
4-27-2020 Newshound Guru Adam Montana [Question: In the past you have been pretty certain there would be no RV during Ramadan. Still feel that way?] I'm inclined to break tradition here. This Ramadan is different, and I'm leaving the door wide open...THIS IS A CRAZY TIME! In years past, I've always said "no" to that idea. I am NOT saying "no" this time!
4-27-2020 Intel Guru Delta ...it's not a holiday. Just to clear this up...Ramadan...it's not a holiday, it's business as usual. Yes the Central bank they can do a lot of things during Ramadan...They may reduce hours because it's hot and they have to fast etc. but it's not a holiday. It's business as usual...
4-27-2020 Intel Guru MarkZ [via PDK] Many contacts are excited…Reno contacts are...looking for a window of Tues- Thurs. My Iraqi contacts are looking for it on Wednesday….really hope they are correct. There is very exciting rumors all around the banking world today for sure.
4-27-2020 Newshound Guru Kaperoni As predicted, no change in the dinar.
4-27-2020 Newshound Guru MilitiaMan [...it appears the ISX opened at 442 and closed at 430.47 at a loss of 3.24%...No change in Index...] Though, the CBI still shows this and the ISX doesn't trade nor trump the CBI... So it is not behind us just yet..In fact, there is more support that the CBI is following through with their process irregard to the ISX trading today as normal. The CBI will neeed to change the rate to the IQD first. imo.
4-27-2020 Newshound Guru Kaperoni Iraq minted coins way back in 2004 in fact a few of them were released and ended up being play toys because of their lack of value. If and when the dinar ever gets to a value that is more appropriate they will release coins and lower denominations.
4-27-2020 Intel Guru Frank26 ...The Chief Executive Office of the Iraqi Stock Exchange prepared the ISX to receive a new rate...it's ready to receive the rate...not only is the Iraqi Stock Exchange going to receive the rate from the CBI...but it'll be so powerful it'll go beyond the Iraqi Stock exchange...the International world knows and is well prepared...
4-27-2020 Newshound Guru Adam Montana [Question: In the past you have been pretty certain there would be no RV during Ramadan. Still feel that way?] I'm inclined to break tradition here. This Ramadan is different, and I'm leaving the door wide open...THIS IS A CRAZY TIME! In years past, I've always said "no" to that idea. I am NOT saying "no" this time!
4-27-2020 Intel Guru Delta ...it's not a holiday. Just to clear this up...Ramadan...it's not a holiday, it's business as usual. Yes the Central bank they can do a lot of things during Ramadan...They may reduce hours because it's hot and they have to fast etc. but it's not a holiday. It's business as usual...
4-27-2020 Intel Guru MarkZ [via PDK] Many contacts are excited…Reno contacts are...looking for a window of Tues- Thurs. My Iraqi contacts are looking for it on Wednesday….really hope they are correct. There is very exciting rumors all around the banking world today for sure.
4-27-2020 Newshound Guru Kaperoni As predicted, no change in the dinar.
4-27-2020 Newshound Guru MilitiaMan [...it appears the ISX opened at 442 and closed at 430.47 at a loss of 3.24%...No change in Index...] Though, the CBI still shows this and the ISX doesn't trade nor trump the CBI... So it is not behind us just yet..In fact, there is more support that the CBI is following through with their process irregard to the ISX trading today as normal. The CBI will neeed to change the rate to the IQD first. imo.
4-27-2020 Newshound Guru Kaperoni Iraq minted coins way back in 2004 in fact a few of them were released and ended up being play toys because of their lack of value. If and when the dinar ever gets to a value that is more appropriate they will release coins and lower denominations.
4-26-2020 Intel Guru Okie_Oil_Man GOOD AFTERNOON AMERICA, SHIPS AT SEA AND ALL OUR WORLD WIDE FRIENDS...TODAY THE 26TH OF APRIL WILL BE A SUNDAY TO REMEMBER AND CIRCLE ON YOUR CALENDAR. THE REASONS BEING--IT LOOKS LIKE THE FINAL WEEKEND OF THIS WORRYSOME JOURNEY. FROM THE INFORMATION I RECEIVED ... — THE START IN DIFFERENT COUNTRIES OF THE REDEMPTION AND EXCHANGE OPPORTUNITY WE HAVE ALL WAITED FOR. FROM PUBLISHED ARTICLES REGARDING THE I M F AND THE IRAQ SITUATION IN CONJUNCTION WITH THE NEWS OF THE ELDERS AND OTHER OFFICIALS FACILITATING THIS EVENT, THEY ARE ALL STATING THE SAME THING FOR A CHANGE. IT IS SPECULATED THAT THIS ALL--ALL--ALL MUST BE COMPLETED PREVIOUS TO 5-1-2020. MEANING—THEY HAVE TO GET STARTED THIS WEEK SOMETIME. THEY ARE SAYING TUES-WED-THUR—SEEMS OPTIMUM AND MANDATED TIME.
4-26-2020 Intel Guru RayRen98 (from our Iraqi citizen) Saturday - Parliamentary experts on morning Iraqi TV saying due to obstacles, they expect Al-Kazimi to step down very soon. Basically, they are saying it is Iran's way or "no way." The next 48 hours will be crucial. Sunday - Al-Kazimi says to Shiites that he is not apologizing and will present his cabinet in 24 hours to parliament for a vote. Hundreds of militias of the Iran-backing have set up camp outside of Parliament...this is going be interesting.
4-26-2020 Newshound Guru Breitling ...the IMF is rejecting requests for loans from Iraq because the IMF is sitting there looking at Iraq's value in their currency and they're telling them you need to add value to your currency...a lot of people are saying the IMF is rejecting proposals/loans to Iraq because of the corrupt government. No, it's not. It has to do with the oil prices going down. The IMF is going how are you gonna pay this back? They need to add value to their currency. Very very good news for us...
4-26-2020 Newshound Guru MilitiaMan The ISX site is down and my understanding it has been down for a significant amount of time today on and off and even before they started/if they started trading...
4-26-2020 Intel Guru BobTheTaxMan ...we see an immense amount of pressure coming on Iraq to force them to have to do something...to be able to repay their debt by the revaluation of this particular currency they've got...
4-26-2020 Newshound Guru Breitling ...they're not in the position where they're doomed or anything like that. If they do this correctly - add value to their currency, get in the markets and then float the value of their currency based on market needs from a global perspective. That's exactly the conversation they're having - The Ministry of Finance, The Ministry of Planning and the CBI. That's very very good news for us. But the question is, 'Is this a one shot opportunity?' No, it's not a one shot opportunity. There are a couple moves they can make. Are they desperate and need to add value now? Absolutely. But let's say they don't...It's so undervalued there are a couple things they can do. What I mean by a couple things they can do is - what rate they come out at and what time frame they can get to $1.17...
4-26-2020 Intel Guru RayRen98 (from our Iraqi citizen) Saturday - Parliamentary experts on morning Iraqi TV saying due to obstacles, they expect Al-Kazimi to step down very soon. Basically, they are saying it is Iran's way or "no way." The next 48 hours will be crucial. Sunday - Al-Kazimi says to Shiites that he is not apologizing and will present his cabinet in 24 hours to parliament for a vote. Hundreds of militias of the Iran-backing have set up camp outside of Parliament...this is going be interesting.
4-26-2020 Newshound Guru Breitling ...the IMF is rejecting requests for loans from Iraq because the IMF is sitting there looking at Iraq's value in their currency and they're telling them you need to add value to your currency...a lot of people are saying the IMF is rejecting proposals/loans to Iraq because of the corrupt government. No, it's not. It has to do with the oil prices going down. The IMF is going how are you gonna pay this back? They need to add value to their currency. Very very good news for us...
4-26-2020 Newshound Guru MilitiaMan The ISX site is down and my understanding it has been down for a significant amount of time today on and off and even before they started/if they started trading...
4-26-2020 Intel Guru BobTheTaxMan ...we see an immense amount of pressure coming on Iraq to force them to have to do something...to be able to repay their debt by the revaluation of this particular currency they've got...
4-26-2020 Newshound Guru Breitling ...they're not in the position where they're doomed or anything like that. If they do this correctly - add value to their currency, get in the markets and then float the value of their currency based on market needs from a global perspective. That's exactly the conversation they're having - The Ministry of Finance, The Ministry of Planning and the CBI. That's very very good news for us. But the question is, 'Is this a one shot opportunity?' No, it's not a one shot opportunity. There are a couple moves they can make. Are they desperate and need to add value now? Absolutely. But let's say they don't...It's so undervalued there are a couple things they can do. What I mean by a couple things they can do is - what rate they come out at and what time frame they can get to $1.17...
4-25-2020 Newshound Guru Kaperoni The CBI like all central banks are the official source for the exchange rate. There is no change and I don't expect one. It is utterly ridiculous to think the CBI could raise the value that high [1 to 1] with 42 + trillion in circulation. [You can always see the latest official CBI rate of the dinar on the left side of this page.]
4-25-2020 Newshound Guru Pimpy ...It's almost time. As a matter of fact how far are we away? 23 hours 12 minutes and a few sections away from the magical day tomorrow. Could this be the day of the rate change? Because tomorrow the ISX opens. That's right. It's closed now but by this time tomorrow it will be open and we will see if the rate change did indeed happen...
4-25-2020 Newshound Guru MilitiaMan [It will be interesting to see when/if they open Sunday if the comma was to be a comma or a period...] ...Personally, I don't think it was a mistake. I think they were ready to RI, but, then realized they were not ready just yet, hence the adjustment back to normal...
4-25-2020 Newshound Guru Breitling ...the CBI has one goal and one goal only - that's to manage the currency...they fully confirmed they want to get it [the dinar] to a buck-17 ($1.17)...I got nothing but great news. These guys are still talking about it more than ever. They need to get the dinar up to about $1.17. Don't know what the entry level is. They actually want to add value to it and then float it up. Whatever value they start at - 20 cents, 30 cents 40 cents doesn't matter. Then they'll float it up...
4-25-2020 Intel Guru Bruce [via WiserNow] ...It’s hard to get a rate on the dong but it will be trailing the dinar but not by a whole lot – it won’t be on par but I think it will be within $.50 and $1.00 of the dinar – that will be great...
4-25-2020 Newshound Guru chattels Article quote: "...Iraqi Shiite political blocs have rejected all the names on Iraqi Prime Minister designate Mustafa al-Kadhimi’s proposed cabinet list, according to a senior member of al-Hikma Shiite political coalition." Mustafa al-Kadhimi's proposed cabinet list has been rejected...
4-25-2020 Newshound Guru Pimpy ...if the rate change happened in February and we're now at the end of April don't you think we'd heard about it? And if this [Iraq Stock Exchange Index reporting 1000% Increase] is some kind of sign of a rate change, dude, don't you think people around the world would be buying every dinar on the market? Because this would be telling them ahead of time. Somebody's head would roll. People would be going to jail. This kind of boo-boo would not be made. The number is consistent with these other numbers [484.79] except for it by accident somebody put a comma [462,830] here instead of a period. That's all that is...
4-25-2020 Newshound Guru Pimpy ...It's almost time. As a matter of fact how far are we away? 23 hours 12 minutes and a few sections away from the magical day tomorrow. Could this be the day of the rate change? Because tomorrow the ISX opens. That's right. It's closed now but by this time tomorrow it will be open and we will see if the rate change did indeed happen...
4-25-2020 Newshound Guru MilitiaMan [It will be interesting to see when/if they open Sunday if the comma was to be a comma or a period...] ...Personally, I don't think it was a mistake. I think they were ready to RI, but, then realized they were not ready just yet, hence the adjustment back to normal...
4-25-2020 Newshound Guru Breitling ...the CBI has one goal and one goal only - that's to manage the currency...they fully confirmed they want to get it [the dinar] to a buck-17 ($1.17)...I got nothing but great news. These guys are still talking about it more than ever. They need to get the dinar up to about $1.17. Don't know what the entry level is. They actually want to add value to it and then float it up. Whatever value they start at - 20 cents, 30 cents 40 cents doesn't matter. Then they'll float it up...
4-25-2020 Intel Guru Bruce [via WiserNow] ...It’s hard to get a rate on the dong but it will be trailing the dinar but not by a whole lot – it won’t be on par but I think it will be within $.50 and $1.00 of the dinar – that will be great...
4-25-2020 Newshound Guru chattels Article quote: "...Iraqi Shiite political blocs have rejected all the names on Iraqi Prime Minister designate Mustafa al-Kadhimi’s proposed cabinet list, according to a senior member of al-Hikma Shiite political coalition." Mustafa al-Kadhimi's proposed cabinet list has been rejected...
4-25-2020 Newshound Guru Pimpy ...if the rate change happened in February and we're now at the end of April don't you think we'd heard about it? And if this [Iraq Stock Exchange Index reporting 1000% Increase] is some kind of sign of a rate change, dude, don't you think people around the world would be buying every dinar on the market? Because this would be telling them ahead of time. Somebody's head would roll. People would be going to jail. This kind of boo-boo would not be made. The number is consistent with these other numbers [484.79] except for it by accident somebody put a comma [462,830] here instead of a period. That's all that is...
4-24-2020 Intel Guru Bruce [via WiserNow] I think we’re in a really good place...remember that we said Iraq reinstated the Dinar last Saturday – now – they also revalued the Dinar...Wednesday - so the re-evaluation of the Iraqi dinar became official yesterday – with a “new rate”...they’ve had it on the website – cbi.q I think and what happened was – they were kinda getting hits on it but...they did not want it to get hacked...so they took it down themselves...They really don’t want it to be seen by the world yet because Sunday is when Iraq’s first day of business begins in the middle east – it’s like our Monday - they will open the ISX stock exchange also and the IQD rate will be visible and tradeable through the ISX – starting Sunday - We will actually have the new Dinar rate on our bank websites on Monday morning...I am about as excited as I can be and thrilled because I know what’s going on is real and confirmed and I know that we are that close...
4-24-2020 Newshound/Intel Guru Mnt Goat ...surely with all the oil revenues, CBI reserves and what economy they do have, the currency is worthy of a higher value even now. No one can argue this point. But they can not raise the value until they also can conduct the project to delete the zeros, reinstate the currency and get out of monetary sanctions on the dinar. ...As investors we must realize that these events must be coordinated and work simultaneously to get us to the banks to exchange our dinar. This is the bottom line for us.
4-24-2020 Newshound Guru Adam Montana Article: "The Iraqi Stock Exchange announces the resumption of trading next Sunday 22nd April, 2020" ... the Iraqi Stock Exchange had a short pause, but they are obviously back at it. Neither Ramadan nor 'Rona is stopping this train! ...This is nothing short of incredible, that the price of OIL can drop to negative and the world basically shuts down, yet the IQD Train keeps on chugging...
4-24-2020 Newshound Guru Kaperoni The last two days has been interesting since members of the Parliamentary Finance Committee have come out and stressed the need to diversify the economy as a result of low oil prices. Maybe this is the kick in the butt they need.
4-24-2020 Newshound/Intel Guru Mnt Goat ...The lull in the demonstrations over the COVID 19 virus is about to end and they know it. Now it the time to get the matters of forming the new government settled and moving ahead. The price of oil surely does not do any good in this process and only adds to the crisis. ...So, now I want to add that all is not lost for us investors in the Iraqi dinar. Things may look very gloomy and certainly they are... But we know from the past too that if certain elements (namely oil revenues, economic independence and political stability) can be achieved this country can very quickly rebound and in a matter of short time turn all this around...
4-24-2020 Newshound Guru Pimpy ...it looks like there's a green light for our boy Al-Kazemi. It looks like it's going to happen. We know that this next Tuesday they're going to vote on whether or not Kazemi will be the PM and if they will pass his cabinet. I told you they're most likely gonna do this and why is that? ...we know if they don't pass Al-Kazemi this time the president of Iraq constitutionally has a right to dissolve the parliament. That takes away any power that Iran had as far as the influence over Iraq. They don't want that to happen. They're not going to allow the parliament to be dissolved...
4-24-2020 Intel Guru MarkZ [via PDK] Today’s news from Iraq sources …from my guys on the ground, I am being told that lower denominations hit early yesterday and that they are forbidding any purchases with the US dollar. Forcing them to exchange… This is exciting. As to what is an expected time I am hearing anytime from Sunday to Wednesday is what they are hoping for. We have been here before so we are going to cross our fingers and hope this is dead on. They are definitely positioning for it. I am trying to get them to send me digital pictures of them smuggled out...
4-24-2020 Newshound Guru Jeff ...the pricing index shows it's one-to-one right now on the background yet we haven't seen a rate change occur while it's at one-to-one. So the value is most likely going to be where Kuwait is at the second step. Probably greater than Kuwait.
4-24-2020 Intel Guru Footforward ...Z [Adnan Alzurfi] posted a very cryptic tweet..."The country is no longer stolen, they formed the government and comforted people." ...it kind of gives you the idea that Iraq is now free... and kind of gives you the idea that the government has been voted in although no one has confirmed that...
4-24-2020 Newshound Guru Adam Montana Article: "A source for «Economy News»: Iraq adopts the price of $30 a barrel of oil in the budget for the year 2020" To me, that actually seems realistic. Achievable. And it's a number they can work with! An interesting point regarding the oil and the value of IQD is this: the price per barrel is not nearly as important, for the value of their currency, as the amount they have in the ground. Also, it's not just "oil" that counts here - natural gas is important as well. Iraq has plenty, and until the world stops using OIL, Iraq will have a rightful place at the table.
4-24-2020 Newshound/Intel Guru Mnt Goat ...surely with all the oil revenues, CBI reserves and what economy they do have, the currency is worthy of a higher value even now. No one can argue this point. But they can not raise the value until they also can conduct the project to delete the zeros, reinstate the currency and get out of monetary sanctions on the dinar. ...As investors we must realize that these events must be coordinated and work simultaneously to get us to the banks to exchange our dinar. This is the bottom line for us.
4-24-2020 Newshound Guru Adam Montana Article: "The Iraqi Stock Exchange announces the resumption of trading next Sunday 22nd April, 2020" ... the Iraqi Stock Exchange had a short pause, but they are obviously back at it. Neither Ramadan nor 'Rona is stopping this train! ...This is nothing short of incredible, that the price of OIL can drop to negative and the world basically shuts down, yet the IQD Train keeps on chugging...
4-24-2020 Newshound Guru Kaperoni The last two days has been interesting since members of the Parliamentary Finance Committee have come out and stressed the need to diversify the economy as a result of low oil prices. Maybe this is the kick in the butt they need.
4-24-2020 Newshound/Intel Guru Mnt Goat ...The lull in the demonstrations over the COVID 19 virus is about to end and they know it. Now it the time to get the matters of forming the new government settled and moving ahead. The price of oil surely does not do any good in this process and only adds to the crisis. ...So, now I want to add that all is not lost for us investors in the Iraqi dinar. Things may look very gloomy and certainly they are... But we know from the past too that if certain elements (namely oil revenues, economic independence and political stability) can be achieved this country can very quickly rebound and in a matter of short time turn all this around...
4-24-2020 Newshound Guru Pimpy ...it looks like there's a green light for our boy Al-Kazemi. It looks like it's going to happen. We know that this next Tuesday they're going to vote on whether or not Kazemi will be the PM and if they will pass his cabinet. I told you they're most likely gonna do this and why is that? ...we know if they don't pass Al-Kazemi this time the president of Iraq constitutionally has a right to dissolve the parliament. That takes away any power that Iran had as far as the influence over Iraq. They don't want that to happen. They're not going to allow the parliament to be dissolved...
4-24-2020 Intel Guru MarkZ [via PDK] Today’s news from Iraq sources …from my guys on the ground, I am being told that lower denominations hit early yesterday and that they are forbidding any purchases with the US dollar. Forcing them to exchange… This is exciting. As to what is an expected time I am hearing anytime from Sunday to Wednesday is what they are hoping for. We have been here before so we are going to cross our fingers and hope this is dead on. They are definitely positioning for it. I am trying to get them to send me digital pictures of them smuggled out...
4-24-2020 Newshound Guru Jeff ...the pricing index shows it's one-to-one right now on the background yet we haven't seen a rate change occur while it's at one-to-one. So the value is most likely going to be where Kuwait is at the second step. Probably greater than Kuwait.
4-24-2020 Intel Guru Footforward ...Z [Adnan Alzurfi] posted a very cryptic tweet..."The country is no longer stolen, they formed the government and comforted people." ...it kind of gives you the idea that Iraq is now free... and kind of gives you the idea that the government has been voted in although no one has confirmed that...
4-24-2020 Newshound Guru Adam Montana Article: "A source for «Economy News»: Iraq adopts the price of $30 a barrel of oil in the budget for the year 2020" To me, that actually seems realistic. Achievable. And it's a number they can work with! An interesting point regarding the oil and the value of IQD is this: the price per barrel is not nearly as important, for the value of their currency, as the amount they have in the ground. Also, it's not just "oil" that counts here - natural gas is important as well. Iraq has plenty, and until the world stops using OIL, Iraq will have a rightful place at the table.
4-23-2020 Intel Guru MarkZ [via PDK] [I read on Dinar Guru that you changed your opinion on a possible time frame from mid May to an earlier date…why was that?] ...Because of the crash of the oil markets. So I am saying it could be earlier now...when the oil market imploded the Petro dollar is supported by transactions in oil. Now there are no transactions in oil so no money velocity for the US dollar. This means the US dollar is very precarious and could fail at any moment. What it does if they are not prepared to pull the trigger immediately or has already pulled we could see anarchy. We could see the fall of America. It could cease to exist. If they don’t get it done before the crash happens it could be like when the Soviet Union collapsed and became just Russia and all the Baltic states became their own countries again. So because of the oil crash they are trying to get it out sooner now and avoid all that.
4-23-2020 Newshound Guru Adam Montana OIL rocked our world over the last 7 days...there was an unprecedented...situation where WTI (OIL) went to $0, then negative. This has NEVER HAPPENED BEFORE. EVER. I even posted in a recent update that "oil will never be free", and the markets proved me wrong...because for a short window, negative prices means OIL was even better than free! :lol: Not that we could ever get paid to fill up our tanks, but I can admit when I am wrong. ...Today is the general start of Ramadan. In years past, I have always maintained the opinion that "nothing happens during Ramadan". I also stated that "oil will never be free", and I was wrong about that! I'm not going to say "two wrongs make a right", but this is a unique situation. The most unique, ever, in the history of the world, in fact. We are witnessing a financial shakeup never before seen, and barely even imagined. What is happening right now is so off-the-charts unexpected that I'm going to retract my former opinion...maybe something will get done during Ramadan!
4-23-2020 Newshound Guru Jeff Adnan Al-Zurfi just Tweeted on April 21st "The country is no longer stolen, they formed the government and comforted the people." ...99% of the media is all frickin lies. You want proof? Here you go. This guy was the former Prime Minister designate before the current one and he's telling you it's done and complete.
4-23-2020 Intel Guru Frank26 I don't know...but we do know that the ultimate goal is for e-commerce...the other goal is to position the Iraqi dinar with the three slots open that can all of a sudden add value to the Iraqi dinar...the 26th is when we're gonna get a better understanding of what they really did with this 1000% increase in the index value of the Iraqi dinar and the Iraqi Stock Exchange...this was a very strange move...This is a move by the Iraqi Stock Exchange in my opinion that is done before they reopen to combat speculators...it seems to me that what the Iraqi Stock Exchange on Monday did has let the secret out of the bag... [Post 2 of 2]
4-23-2020 Intel Guru Frank26 ...on Monday, actually it was Sunday, they said according to the Iraqi Dinar Index that they had increased...what was the 1000% increase for? ...deleting the zeros that's what we think it is for...They told everybody at the beginning of this month [April], 'We're closing down because of the coronavirus.' Today they tell everybody they're going to open back up on the 26th but not the floor only the e-commerce trading. They could have done the same thing on the beginning of the month. They closed the door so that you couldn't see what they were doing with their mathematics of whatever this index is about. [Post 1 of 2....stay tuned]]
4-23-2020 Intel Guru MarkZ [via PDK] I was told that some dates are being “leaked” to create smoke and that the exact date has not been decided on yet because of the logistic issues…But they are trying to speed up the roll out.
I am also being told they believe they have the oil market stabilized for now which gives them a few more days to work on those logistics. I also have some sources saying it’s this morning, it’s tonight, it’s tomorrow…but I don’t think those logistics have been worked out yet. So we keep watching for solid news. We know we are closer day by day but we can’t count on it until money is in our bank accounts...we just have to wait it out guys. It’s always been a “when” not an “if”...
4-23-2020 Newshound Guru Pimpy Article "The Iraqi Stock Exchange announced the resumption of trading this next Saturday", "...the board of governors decided to resume the activity of stock trading as of Sunday April 26..."
4-23-2020 Newshound Guru Jeff ...IMO because Iraq started the rate change process on March 17th that means they cannot turn the ISX back on until the rate change process has completed...and then about a week and a half ago I told you my opinion that they would resume the ISX and turn it on around Sunday April 26th. We got that confirmed...in the news just a few days later. They told us factually that yes they're going to reinstate the ISX on Sunday the 26th. They're basically telling us that because they shut the ISX down due to an impending rate change they kind of confirmed that they cannot reinstate the ISX until the rate has changed.
4-23-20 Newshound Guru Kaperoni ...there are no exchange centers, 800#s or cash in places...If and when the dinar ever begins to rise in value, IMO you will have to create a bank account with a currency broker (market maker) or some ECN (An ECN broker is a Forex financial expert who uses such a network to provide its clients direct access to other participants in the market) and manage it like any other foreign currency... [check with your financial advisor at the appropriate time.]
4-23-2020 Newshound Guru Adam Montana OIL rocked our world over the last 7 days...there was an unprecedented...situation where WTI (OIL) went to $0, then negative. This has NEVER HAPPENED BEFORE. EVER. I even posted in a recent update that "oil will never be free", and the markets proved me wrong...because for a short window, negative prices means OIL was even better than free! :lol: Not that we could ever get paid to fill up our tanks, but I can admit when I am wrong. ...Today is the general start of Ramadan. In years past, I have always maintained the opinion that "nothing happens during Ramadan". I also stated that "oil will never be free", and I was wrong about that! I'm not going to say "two wrongs make a right", but this is a unique situation. The most unique, ever, in the history of the world, in fact. We are witnessing a financial shakeup never before seen, and barely even imagined. What is happening right now is so off-the-charts unexpected that I'm going to retract my former opinion...maybe something will get done during Ramadan!
4-23-2020 Newshound Guru Jeff Adnan Al-Zurfi just Tweeted on April 21st "The country is no longer stolen, they formed the government and comforted the people." ...99% of the media is all frickin lies. You want proof? Here you go. This guy was the former Prime Minister designate before the current one and he's telling you it's done and complete.
4-23-2020 Intel Guru Frank26 I don't know...but we do know that the ultimate goal is for e-commerce...the other goal is to position the Iraqi dinar with the three slots open that can all of a sudden add value to the Iraqi dinar...the 26th is when we're gonna get a better understanding of what they really did with this 1000% increase in the index value of the Iraqi dinar and the Iraqi Stock Exchange...this was a very strange move...This is a move by the Iraqi Stock Exchange in my opinion that is done before they reopen to combat speculators...it seems to me that what the Iraqi Stock Exchange on Monday did has let the secret out of the bag... [Post 2 of 2]
4-23-2020 Intel Guru Frank26 ...on Monday, actually it was Sunday, they said according to the Iraqi Dinar Index that they had increased...what was the 1000% increase for? ...deleting the zeros that's what we think it is for...They told everybody at the beginning of this month [April], 'We're closing down because of the coronavirus.' Today they tell everybody they're going to open back up on the 26th but not the floor only the e-commerce trading. They could have done the same thing on the beginning of the month. They closed the door so that you couldn't see what they were doing with their mathematics of whatever this index is about. [Post 1 of 2....stay tuned]]
4-23-2020 Intel Guru MarkZ [via PDK] I was told that some dates are being “leaked” to create smoke and that the exact date has not been decided on yet because of the logistic issues…But they are trying to speed up the roll out.
I am also being told they believe they have the oil market stabilized for now which gives them a few more days to work on those logistics. I also have some sources saying it’s this morning, it’s tonight, it’s tomorrow…but I don’t think those logistics have been worked out yet. So we keep watching for solid news. We know we are closer day by day but we can’t count on it until money is in our bank accounts...we just have to wait it out guys. It’s always been a “when” not an “if”...
4-23-2020 Newshound Guru Pimpy Article "The Iraqi Stock Exchange announced the resumption of trading this next Saturday", "...the board of governors decided to resume the activity of stock trading as of Sunday April 26..."
4-23-2020 Newshound Guru Jeff ...IMO because Iraq started the rate change process on March 17th that means they cannot turn the ISX back on until the rate change process has completed...and then about a week and a half ago I told you my opinion that they would resume the ISX and turn it on around Sunday April 26th. We got that confirmed...in the news just a few days later. They told us factually that yes they're going to reinstate the ISX on Sunday the 26th. They're basically telling us that because they shut the ISX down due to an impending rate change they kind of confirmed that they cannot reinstate the ISX until the rate has changed.
4-23-20 Newshound Guru Kaperoni ...there are no exchange centers, 800#s or cash in places...If and when the dinar ever begins to rise in value, IMO you will have to create a bank account with a currency broker (market maker) or some ECN (An ECN broker is a Forex financial expert who uses such a network to provide its clients direct access to other participants in the market) and manage it like any other foreign currency... [check with your financial advisor at the appropriate time.]
4-22-2020 *** Dinar Guru Update *** There's a lot of buzz about the History of the Central Bank of Iraq video below. Why did the CBI release this video? Who's the video for? U.S. investors? Iraqi citizens? Is the purpose to reassure investors that the CBI is a safe and reliable bank to deal with? Or is the purpose to reassure the citizens of Iraq that the CBI is strong and new notes are coming? The timing of release is very interesting. The production date at the end says 2019 so it's a new release..... Stay tuned as the gurus chime in on the significance of the video. the latest guru posts will continue below...
4-22-2020 Newshound Guru Adam Montana I won't pretend to know how long it will take to reach a conclusion, but I am positive it will... and at the end of it, those who control the oil will still have the leverage to be powerful, valuable, and rich. Despite COVID, despite ISIS, despite elections and tsunamis and fads that are here today and gone tomorrow... Iraq has, in it's physical possession, a majority of THE commodity that is never in our lifetime going to be "worthless". We are in a good spot, holding little pieces of that commodity in the form of their currency, when all of the imaginary "value" in the world is so uncertain. [post 2 of 2]
4-22-2020 Newshound Guru Adam Montana By now you've surely heard about the OIL markets... OIL, and the wealth it creates and sustains, will not be removed from our world anytime soon. OIL will remain part of our lives. Therefore, Iraq will not slide into oblivion...nor will it's bank accounts. I'm not worried about the dinar - we know it's going to increase in value, even though we don't know what will happen between now and then, and we don't know if "then" is tomorrow or June or next year. We are in the middle of a massive shakeup. [post 1 of 2....stay tuned]
4-22-2020 Intel Guru Bruce [via WiserNow] I’m going to say this – Can I tell exactly when this is going to go? NO – Do they want us to know when this is going to happen? NO they don’t – even though we’re hearing Tuesday – Wednesday - Thursday – we can write off Tuesday...tomorrow [Wednesday]? It’s in play - Thursday? It’s in play – I think Friday is even in play – so let’s keep that in mind. ...we know we’re getting closer and closer everyday with everything that’s happening – and now that oil has crashed – that’s one more thing that needed to happen...we are still in that window of possibility... I think we’re going to have good news soon...
4-22-2020 Newshound Guru Adam Montana Article: "The Worst Is Yet To Come For Oil Prices" Quote: “This inflection will play out in a matter of weeks, not months, with the market likely forced to balance before June,” Goldman analysts warned. In other words, the U.S. oil industry could lose several million barrels per day in the next few weeks in what Goldman analysts called a “violent rebalancing.” And just like that - we live in a new world. This might be THE strongest case I've ever seen for a GCR. I'm still not a proponent of a full GCR, but the evidence and situation details just keep piling on... this is wild.
4-22-2020 Intel Guru MarkZ [via PDK] I am...told they are having a difficult time coming to grips and setting a firm, in concrete schedule...because of different restrictions in each state and getting the different Governors to agree...giving permission to travel and take care of (exchange)... I am told this is a nightmare they are working through...They are working at a feverish rate to make a compromise to make each governor in each state happy. My best guess, gut feeling is we will see more around Friday and they will have a pretty solid schedule worked out.
4-22-2020 Intel Guru Delta ...the CBI is acting very strange...and then April the 13th they did basically update the Index of the Iraqi Stock Exchange. They shut down on March 16th their Index was 442.6. The Central Bank of Iraq looks like when they updated that they added about a thousand, forty seven points. Now they are, if I'm not mistaken, close to 462,380. So when you do the math it looks like they did delete the zeros and based on that chart [CBI's ISX Price Index] IMO I might be wrong...it went up a thousand times...it looks like the one-to-one ratio is done...
4-22-2020 Newshound Guru Kaperoni ...I do believe the dinar will appreciate in value, unfortunately I cannot predict when Iraq will get their act together create the conditions for a successful market economy and private sector. Which I believe is necessary. So we wait.
4-22-2020 Newshound Guru Kaperoni How many of you have seen the video that came out 10 days ago that talks about the history of the dinar? ... I believe the videos real intention is just to build confidence in the banking system. Nothing more. [You can see the CBI video for yourself above.]
4-22-2020 Newshound Guru Adam Montana By now you've surely heard about the OIL markets... OIL, and the wealth it creates and sustains, will not be removed from our world anytime soon. OIL will remain part of our lives. Therefore, Iraq will not slide into oblivion...nor will it's bank accounts. I'm not worried about the dinar - we know it's going to increase in value, even though we don't know what will happen between now and then, and we don't know if "then" is tomorrow or June or next year. We are in the middle of a massive shakeup. [post 1 of 2....stay tuned]
4-22-2020 Intel Guru Bruce [via WiserNow] I’m going to say this – Can I tell exactly when this is going to go? NO – Do they want us to know when this is going to happen? NO they don’t – even though we’re hearing Tuesday – Wednesday - Thursday – we can write off Tuesday...tomorrow [Wednesday]? It’s in play - Thursday? It’s in play – I think Friday is even in play – so let’s keep that in mind. ...we know we’re getting closer and closer everyday with everything that’s happening – and now that oil has crashed – that’s one more thing that needed to happen...we are still in that window of possibility... I think we’re going to have good news soon...
4-22-2020 Newshound Guru Adam Montana Article: "The Worst Is Yet To Come For Oil Prices" Quote: “This inflection will play out in a matter of weeks, not months, with the market likely forced to balance before June,” Goldman analysts warned. In other words, the U.S. oil industry could lose several million barrels per day in the next few weeks in what Goldman analysts called a “violent rebalancing.” And just like that - we live in a new world. This might be THE strongest case I've ever seen for a GCR. I'm still not a proponent of a full GCR, but the evidence and situation details just keep piling on... this is wild.
4-22-2020 Intel Guru MarkZ [via PDK] I am...told they are having a difficult time coming to grips and setting a firm, in concrete schedule...because of different restrictions in each state and getting the different Governors to agree...giving permission to travel and take care of (exchange)... I am told this is a nightmare they are working through...They are working at a feverish rate to make a compromise to make each governor in each state happy. My best guess, gut feeling is we will see more around Friday and they will have a pretty solid schedule worked out.
4-22-2020 Intel Guru Delta ...the CBI is acting very strange...and then April the 13th they did basically update the Index of the Iraqi Stock Exchange. They shut down on March 16th their Index was 442.6. The Central Bank of Iraq looks like when they updated that they added about a thousand, forty seven points. Now they are, if I'm not mistaken, close to 462,380. So when you do the math it looks like they did delete the zeros and based on that chart [CBI's ISX Price Index] IMO I might be wrong...it went up a thousand times...it looks like the one-to-one ratio is done...
4-22-2020 Newshound Guru Kaperoni ...I do believe the dinar will appreciate in value, unfortunately I cannot predict when Iraq will get their act together create the conditions for a successful market economy and private sector. Which I believe is necessary. So we wait.
4-22-2020 Newshound Guru Kaperoni How many of you have seen the video that came out 10 days ago that talks about the history of the dinar? ... I believe the videos real intention is just to build confidence in the banking system. Nothing more. [You can see the CBI video for yourself above.]
4-21-2020 Intel Guru MarkZ [Will the oil implosion lower the value of the dinar?] the revaluation of the dinar has been scheduled about over a 100 year period. Meaning the pay back with oil credits will be over a long time. Oil prices will not stay that depressed for that long. If anything it should increase the value of the dinar. Iraq has the lowest cost per barrel for getting it out of the ground.
4-21-2020 Newshound Guru Pimpy ...I'm here to keep everyone grounded...this is interesting here [General Price Index]...this does absolutely look exciting. Do you think I wouldn't be excited if this is accurate? Of course it would be excited because it looks like the value has increased one thousand fold. And, yes, I do see the comma [462,830]...But...is it possible that this was meant to be a decimal [462.830] by mistake was put there a comma and a correction will come later? ...this was done in February. What month are we in? April. We know for a fact that march they suspended and stopped the action on the ISX...March is done...do you think somebody's going to let that type of cat out of the bag? Do you really think that this is legitimate? Could be. But seems to me we would have heard a lot more about it...you would see mad amount of people, investors, fund managers, all kinds of people running just buying out the dinar...could this just be another glitch in the system that needs to be corrected? ...again I'm here to keep you guys as grounded as possible...let's hope this is accurate...I think that would put us around if I'm not mistaken about $1.13 - $1.34...I would love that because that would make me look like a freaking genius...[but] the Central Bank of Iraq has made boo-boos before...
4-21-2020 Newshound/Intel Guru RVAlready Iraq parliament put itself between its own extinction and bankruptcy via oil and civic. If they had finished the RV two months back, they would not be in this position. Their desire to hold everything up may cost them their job. I just cannot imagine Iraq going until November with no budget, no RV, and little oil income. I think they will be desperate for the RV at the earliest opportunity.
4-21-2020 Newshound Guru Jeff ...the decimal point has moved. Iraq has basically dropped the zeros off the exchange rate. That's why they're showing you that the value of these stocks [CBI's ISX Price Index} have jumped from being worth in the millions to the billions. They transitioned to kind of a one-to-one...I told you that Iraq had already started the rate change process as of March 17th. You're now in the 6th week and I told you that the exchange rate has only changed on the accounting books not in the public realm. None of this is public not even in country...This is more proof right here because the overall combined value of these companies' shares have transitioned from millions to billions and there's no way that these companies could have just done so magically...just because they do really good in the business world. That's just the most asinine logic I've ever heard...the movement of the price index is showing you that the companies jumped in combined share value from millions to billions because they deleted the zeros off that exchange rate...
4-21-2020 Intel Guru MarkZ Yesterday I told you I was looking for the reset in Mid-May. I may have to revise that estimate for sooner…There are a number of emergency meetings being called as we speak. I am expecting a lot of shaking of the trees today as they try to speed things up. Oil went negative yesterday. A 305% drop in the value of oil. It took a dive right out of the gate and futures were exploding. This happened much sooner than I thought it would…things are coming together quicker that I thought they would... Everybody right now is in scramble mode to figure out how to speed up the roll out of this. I am having to change my expected time as to when we could revalue now. Sooner than May 15th. Banking sources still say RV at anytime…..Government sources were saying by May 15th…..but after yesterday…all bets are off.
4-21-2020 Intel/Newshound Guru Frank26 ...the Iraqi Stock Exchange...it is a mechanism ...what they did IMO is they made an announcement that the index value of the Iraqi dinar had gone up about a thousand percent...they did something to do something. If it was 10% up - okay, you removed one zero. If it was 100% increase - okay, you removed two zeros. It was a 1000% increase - that's three zeros. In other words when they raised the value of the index of the currency of Iraq is now poised and set to be at one-to-one with the American dollar...I hope you understand there was a percentile increase in the index of the Iraqi dinar currency for its stocks that was officially announced to the international world...the Iraqi stock exchange has made a change...
4-21-2020 Newshound Guru Jeff ...from the ISX website they're clearly telling us they have full intentions of resuming the ISX as of Sunday April 26th...they shut down the financial markets around 3-17. No one can deny or argue that the rate change process started. It's blatantly obvious...why is this taking so long? Everybody just thinks it's a 'magical just change of a rate' and done...the reason this whole thing is taking six weeks is because they have multiple step that they have to complete to get the rate changed.
4-21-2020 Newshound/Intel Guru Mnt Goat We know there has been and still is an ongoing effort by the US to cut off Iran from Iraq. ...unless this happens we will see no RV (reinstatement). So now we see the militias backing down...and we read about the lack of agriculture imports from Iran as Iraq is now growing their own foods. Now we see the electricity cutoff too something we also have been reading about for years when GE and Semans had contracts to rebuild the power stations and get them back online. We...also see the enforcement of the new currency auction procedures which is hoped to prevent funds from going to Iran. This is all very good for us...
4-21-2020 Intel Guru Footforward Wow...Black monday? Referring to oil. [I'm no expert at all, but are we witnessing a flash crash?] I don't know for sure, but either way this puts pressure on Iraq.
4-21-2020 Newshound Guru Pimpy ...I'm here to keep everyone grounded...this is interesting here [General Price Index]...this does absolutely look exciting. Do you think I wouldn't be excited if this is accurate? Of course it would be excited because it looks like the value has increased one thousand fold. And, yes, I do see the comma [462,830]...But...is it possible that this was meant to be a decimal [462.830] by mistake was put there a comma and a correction will come later? ...this was done in February. What month are we in? April. We know for a fact that march they suspended and stopped the action on the ISX...March is done...do you think somebody's going to let that type of cat out of the bag? Do you really think that this is legitimate? Could be. But seems to me we would have heard a lot more about it...you would see mad amount of people, investors, fund managers, all kinds of people running just buying out the dinar...could this just be another glitch in the system that needs to be corrected? ...again I'm here to keep you guys as grounded as possible...let's hope this is accurate...I think that would put us around if I'm not mistaken about $1.13 - $1.34...I would love that because that would make me look like a freaking genius...[but] the Central Bank of Iraq has made boo-boos before...
4-21-2020 Newshound/Intel Guru RVAlready Iraq parliament put itself between its own extinction and bankruptcy via oil and civic. If they had finished the RV two months back, they would not be in this position. Their desire to hold everything up may cost them their job. I just cannot imagine Iraq going until November with no budget, no RV, and little oil income. I think they will be desperate for the RV at the earliest opportunity.
4-21-2020 Newshound Guru Jeff ...the decimal point has moved. Iraq has basically dropped the zeros off the exchange rate. That's why they're showing you that the value of these stocks [CBI's ISX Price Index} have jumped from being worth in the millions to the billions. They transitioned to kind of a one-to-one...I told you that Iraq had already started the rate change process as of March 17th. You're now in the 6th week and I told you that the exchange rate has only changed on the accounting books not in the public realm. None of this is public not even in country...This is more proof right here because the overall combined value of these companies' shares have transitioned from millions to billions and there's no way that these companies could have just done so magically...just because they do really good in the business world. That's just the most asinine logic I've ever heard...the movement of the price index is showing you that the companies jumped in combined share value from millions to billions because they deleted the zeros off that exchange rate...
4-21-2020 Intel Guru MarkZ Yesterday I told you I was looking for the reset in Mid-May. I may have to revise that estimate for sooner…There are a number of emergency meetings being called as we speak. I am expecting a lot of shaking of the trees today as they try to speed things up. Oil went negative yesterday. A 305% drop in the value of oil. It took a dive right out of the gate and futures were exploding. This happened much sooner than I thought it would…things are coming together quicker that I thought they would... Everybody right now is in scramble mode to figure out how to speed up the roll out of this. I am having to change my expected time as to when we could revalue now. Sooner than May 15th. Banking sources still say RV at anytime…..Government sources were saying by May 15th…..but after yesterday…all bets are off.
4-21-2020 Intel/Newshound Guru Frank26 ...the Iraqi Stock Exchange...it is a mechanism ...what they did IMO is they made an announcement that the index value of the Iraqi dinar had gone up about a thousand percent...they did something to do something. If it was 10% up - okay, you removed one zero. If it was 100% increase - okay, you removed two zeros. It was a 1000% increase - that's three zeros. In other words when they raised the value of the index of the currency of Iraq is now poised and set to be at one-to-one with the American dollar...I hope you understand there was a percentile increase in the index of the Iraqi dinar currency for its stocks that was officially announced to the international world...the Iraqi stock exchange has made a change...
4-21-2020 Newshound Guru Jeff ...from the ISX website they're clearly telling us they have full intentions of resuming the ISX as of Sunday April 26th...they shut down the financial markets around 3-17. No one can deny or argue that the rate change process started. It's blatantly obvious...why is this taking so long? Everybody just thinks it's a 'magical just change of a rate' and done...the reason this whole thing is taking six weeks is because they have multiple step that they have to complete to get the rate changed.
4-21-2020 Newshound/Intel Guru Mnt Goat We know there has been and still is an ongoing effort by the US to cut off Iran from Iraq. ...unless this happens we will see no RV (reinstatement). So now we see the militias backing down...and we read about the lack of agriculture imports from Iran as Iraq is now growing their own foods. Now we see the electricity cutoff too something we also have been reading about for years when GE and Semans had contracts to rebuild the power stations and get them back online. We...also see the enforcement of the new currency auction procedures which is hoped to prevent funds from going to Iran. This is all very good for us...
4-21-2020 Intel Guru Footforward Wow...Black monday? Referring to oil. [I'm no expert at all, but are we witnessing a flash crash?] I don't know for sure, but either way this puts pressure on Iraq.
4-20-2020 Newshound Guru Pimpy ...General price index of the Iraq Stock Exchange - all you're looking at is the average weighted performances of all the stocks listed on the ISX for Iraq. That's all it is. For me as a stockholder I love it because the more it increases in value the more valuable my stocks are... [Reference Guru Jeff's 4-20-2019 post below]
4-20-2020 Intel/Newshound Guru Frank26 Question "Is the RI arriving or is it approaching?" It's arrived and it is with the CBI. It was brought to the CBI by the fab Four and IMO by the pressure from the United States of America that has just recently been put on about a little over a month ago now. And it awaits a fully seated government that can present this new currency - this new rate for their economic crisis...the only reason the reinstatement has arrived at the CBI is because of what Donald Trump did recently...
4-20-2020 Newshound/Intel Guru tman23 their coffers were low and now running dry...by law operating on a past budget since their parliament can’t seem to get a quorum and function...so now paychecks will be rationed or simply cut off...they are in dire straights...they have nowhere to turn to borrow...Wells have dried up...Pun intended... so in past they complained about the costs of printing new money...so either they got it printed and ready and if they don’t...rut roe...but I believe they have plans to release before June...second semester of financial year they can change...But never in the middle or middle of a quarter... if anyone recalls when Shabibi was talking first of the year they always put the delay date to June.
4-20-2020 Intel Guru MarkZ ...I am hearing that it will be mid-May now for the roll-out...Banking contacts, of course still insist its tomorrow….but government sources now say mid-May...only 3 weeks away...at this point I would tend to believe my government contacts over my banking contacts...but they have to keep the bankers keyed up and ready for when it is time. I understand the reason for the misinformation...
4-20-2020 Newshound Guru Jeff ...something significant has happened on the CBI website...what does it mean to 'delete the zeros'? ...it does not mean removing or withdrawing from circulation. It's referring to deleting the zeros in the exchange rate. .00084 is the value of the US dollar against the dinar...if we took the zeros off the exchange rate it would become .84 ...overall I call this a rate change process and it's taking roughly 5 weeks. Why would it take so long? This was a multi-step process...[CBI website: General Price Index of ISX] Iraq Stock Exchange...transitioned from millions to billions...this new change structure was posted as of 4-13 of 2020...based on the math the dinar is currently about 80 cents range...General index means it gauges a change in purchase power against the value of whatever currency it's reference...
4-20-2020 Newshound Guru BobTheTaxMan ...the situation in Iraq is getting desperate. Oil prices are below $30 now, they are cutting all government employees income by half, and their government is scrambling to come up with an answer. While they can not broadcast anticipating a gain in their currency to the public, every indicator is they are seriously considering that option. (At least that would make the most sense.)
4-20-2020 Newshound Guru Pimpy In June the IMF, The World Bank, The United Nations and America are going to be meeting with the government and hopefully this new government of Iraq. The reason why to me this is interesting, these are all the key players, the big dogs, that need to decide on whether or not to remove the currency restriction that's on Iraq. Will they find that this government is stable? Will they feel confident in it? Will they remove the sanctions/restrictions on their currency and allow it to go ahead and be recognized internationally again? ...We need that to happen. I'm hoping it does because it's gonna bring a ton of speculator out of the woodwork to come and invest into this currency knowing that there is a ton of possible development in Iraq. So let's hope when they are recognized internationally that we see them immediately on the Forex trading at the rate we want to see them trading at...
4-20-2020 Intel/Newshound Guru Frank26 Question "Is the RI arriving or is it approaching?" It's arrived and it is with the CBI. It was brought to the CBI by the fab Four and IMO by the pressure from the United States of America that has just recently been put on about a little over a month ago now. And it awaits a fully seated government that can present this new currency - this new rate for their economic crisis...the only reason the reinstatement has arrived at the CBI is because of what Donald Trump did recently...
4-20-2020 Newshound/Intel Guru tman23 their coffers were low and now running dry...by law operating on a past budget since their parliament can’t seem to get a quorum and function...so now paychecks will be rationed or simply cut off...they are in dire straights...they have nowhere to turn to borrow...Wells have dried up...Pun intended... so in past they complained about the costs of printing new money...so either they got it printed and ready and if they don’t...rut roe...but I believe they have plans to release before June...second semester of financial year they can change...But never in the middle or middle of a quarter... if anyone recalls when Shabibi was talking first of the year they always put the delay date to June.
4-20-2020 Intel Guru MarkZ ...I am hearing that it will be mid-May now for the roll-out...Banking contacts, of course still insist its tomorrow….but government sources now say mid-May...only 3 weeks away...at this point I would tend to believe my government contacts over my banking contacts...but they have to keep the bankers keyed up and ready for when it is time. I understand the reason for the misinformation...
4-20-2020 Newshound Guru Jeff ...something significant has happened on the CBI website...what does it mean to 'delete the zeros'? ...it does not mean removing or withdrawing from circulation. It's referring to deleting the zeros in the exchange rate. .00084 is the value of the US dollar against the dinar...if we took the zeros off the exchange rate it would become .84 ...overall I call this a rate change process and it's taking roughly 5 weeks. Why would it take so long? This was a multi-step process...[CBI website: General Price Index of ISX] Iraq Stock Exchange...transitioned from millions to billions...this new change structure was posted as of 4-13 of 2020...based on the math the dinar is currently about 80 cents range...General index means it gauges a change in purchase power against the value of whatever currency it's reference...
4-20-2020 Newshound Guru BobTheTaxMan ...the situation in Iraq is getting desperate. Oil prices are below $30 now, they are cutting all government employees income by half, and their government is scrambling to come up with an answer. While they can not broadcast anticipating a gain in their currency to the public, every indicator is they are seriously considering that option. (At least that would make the most sense.)
4-20-2020 Newshound Guru Pimpy In June the IMF, The World Bank, The United Nations and America are going to be meeting with the government and hopefully this new government of Iraq. The reason why to me this is interesting, these are all the key players, the big dogs, that need to decide on whether or not to remove the currency restriction that's on Iraq. Will they find that this government is stable? Will they feel confident in it? Will they remove the sanctions/restrictions on their currency and allow it to go ahead and be recognized internationally again? ...We need that to happen. I'm hoping it does because it's gonna bring a ton of speculator out of the woodwork to come and invest into this currency knowing that there is a ton of possible development in Iraq. So let's hope when they are recognized internationally that we see them immediately on the Forex trading at the rate we want to see them trading at...
4-19-2020 Intel/Newshound Guru tman23 we all agree it is just pure speculation. And no banking institution will ever give a sign that there will be an increase in value, which is common sense to why that is the standard...optimistic that a change is coming only because of current world economic conditions...my hesitation had always been the 3 zeros on the physical currency itself...and this statement from a CBI meeting in Dubai...2 years ago...the new currency must come first as a prelude to the lifting of the 3 zeroes from the currency ...that statement is embedded in my head. THE NEW CURRENCY MUST COME FIRST AS A PRELUDE TO LIFTING THE 3 ZEROS FROM THE CURRENCY...so certainly sounds like new currency first and then not accounting the 3 zeros at time of exchange...why my thought had always been...exchange period for a short timeframe with 3 zero notes...and those holding for bigger gains on a float...good luck...of course just my opinion as another scenario.
4-19-2020 Newshound Guru Pimpy ...oops there was an auction today and no this one doesn't have a retro back date like the other ones. So all that chatter about all the auctions not happening really in April these are from March...looks to me like that most likely has changed...they still are not auctioning off their physical US dollars...
4-19-2020 Intel Guru Frank26 Question: "Would you say the video [CBI History Video] they have been showing on television [Iraqi TV] is our 'second article'?" Without a doubt. It is part of the history...it's very powerful and I'm very excited about it...the majority of the population of Iraq was never around the last time their currency actually had value. That's why that video is so important right now. That was a long time ago...this history is so important because the majority of the people weren't around when all this was happening...the video was a waterfall. This video was a monsoon. This video is a downpour... The education continues before during and after the reinstatement of the Iraqi dinar. So there is no time when this video has or is going to reach its goal...the key instead is the information on the economic reform is arriving quickly dated to the citizens of Iraq now.
4-19-2020 Intel Guru Delta Article: "News about the final agreement on the cabin of the government of Mustafa Al-Kadhimi 22 ministries (Candidates for ministries between politicians and independents)." It's now decided, and the vote will be next Tuesday.
4-19-2020 Intel/Newshound/Intel Guru RVAlready At least the parliament in Iraq has to act soon. Their days of kicking the can seem about over...Hopefully, their financial situation is dire enough that they will pass the RV with haste.
4-19-2020 Intel/Newshound Guru tman23 [What is the import of such a new currency for dinarians? In your opinion.] No importance to dinar investors unless it turns to be a redenomination. But the release certainly would require a rate different than 0.00086.
4-19-2020 Newshound Guru Pimpy ...oops there was an auction today and no this one doesn't have a retro back date like the other ones. So all that chatter about all the auctions not happening really in April these are from March...looks to me like that most likely has changed...they still are not auctioning off their physical US dollars...
4-19-2020 Intel Guru Frank26 Question: "Would you say the video [CBI History Video] they have been showing on television [Iraqi TV] is our 'second article'?" Without a doubt. It is part of the history...it's very powerful and I'm very excited about it...the majority of the population of Iraq was never around the last time their currency actually had value. That's why that video is so important right now. That was a long time ago...this history is so important because the majority of the people weren't around when all this was happening...the video was a waterfall. This video was a monsoon. This video is a downpour... The education continues before during and after the reinstatement of the Iraqi dinar. So there is no time when this video has or is going to reach its goal...the key instead is the information on the economic reform is arriving quickly dated to the citizens of Iraq now.
4-19-2020 Intel Guru Delta Article: "News about the final agreement on the cabin of the government of Mustafa Al-Kadhimi 22 ministries (Candidates for ministries between politicians and independents)." It's now decided, and the vote will be next Tuesday.
4-19-2020 Intel/Newshound/Intel Guru RVAlready At least the parliament in Iraq has to act soon. Their days of kicking the can seem about over...Hopefully, their financial situation is dire enough that they will pass the RV with haste.
4-19-2020 Intel/Newshound Guru tman23 [What is the import of such a new currency for dinarians? In your opinion.] No importance to dinar investors unless it turns to be a redenomination. But the release certainly would require a rate different than 0.00086.
4-18-2020 Newshound Guru Pimpy I've really been paying attention to the Iraqi news. It's starting to look like our boy Al-Kazemi is actually going to get in there. As much as I want the parliament to be dissolved whatever benefits the Iraqi people is what matters the most...Kazami seems to be heading in the right direction. It looks like it's gonna happen and nobody seems to be opposing him at the moment. So it looks like we might have our government set. Our Prime Minister set come this next week in April. Tuesday I think they start the voting. We'll see from there...it looks like finally, finally Iraq is heading in the right direction...
4-18-2020 Intel Guru Footforward ...The auctions are stopped...the CBI...is going to be telling the citizens what is going on soon...You know I can't give you dates and really hate giving rates...but just looking at everything...I would really be surprised if it didn't happen before the end of April...I can also see why it could go into May, why it could go to June... With everything going on we maybe even looking at a higher rate because of the money that needs to be poured into economies...
4-18-2020 Newshound Guru Jeff So when the ISX goes back online the rate will have already changed...It's that easy. As of right now we do know that the ISX time period has only been extended through Saturday April 25th. Right there they're telling you that the ISX date for it to go back online and in service will be Sunday April 26th...by reinstating the ISX stock exchange on a Sunday that allows them to change and increase the exchange rate on a Sunday morning before the ISX goes back online at 10:00am Iraq time in the morning... There's only one Sunday left in the month of April after this weekend... The ISX has the handwriting all over it. [post 2 of 2]
4-18-2020 Newshound Guru Jeff ...Iraq showed you they had shut down their ISX in order to change and increase the exchange rate...This is real easy...if they have to shut down and stop the ISX to be able to change the rate that means that based on cause and effect they can't turn the ISX back on until the rate has changed. Right there they're telling you what you can look for to know exactly when the rate is gonna change. It's the ISX because they're telling you the ISX can not go back online until the rate has changed. [post 1 of 2....stay tuned]
4-18-2020 Newshound Guru Kaperoni The biggest event we may see in the next two weeks is possibly the vote and swearing in of the new Iraqi government. But time will tell if that even happens.
4-18-2020 Newshound Guru MilitiaMan Article: "Centralization and economic confrontation" Quote: "...Iraq’s problems lie In the economic solution and this solution is in the hands of the Central Bank of Iraq. Therefore, the Central must be granted freedom to implement its economic plans and procedures." They clearly state the solution is in the hands of the Central Bank! They must be granted freedom to implement its economic plans and procedures... One of the plans was to cease the Dollar Auctions and slow the private banks and money exchangers pick up the ball and run with it. The Central bank will be selling Dinar at an international level and they now have facilities in place from the IMF and the UST imo! So, it sure looks like the keys to the CBI maybe handed off to some to be determined in the near future after Alak raises the “secret” exchange rate before he heads over to the AMF top position. He won’t be handing off the keys at a program rate imo!! No way.. That is not the solution!
4-18-2020 Newshound Guru Pimpy I bank personally at Wells Fargo. I have spoken to my Wells Fargo manager and when I went to go talk to him about the Iraqi dinar the first thing he said is, 'well just let me say this first and foremost. At the moment we don't buy nor do we sell or exchange Iraqi dinar.' Then he said, 'Having said that, once it's recognized internationally again that's different. Once it's on Forex.' He said, 'You'll walk into the bank. You'll get my attention. You will let me know what you have, how much you wanted to go ahead and deposit. I will let you know what the rate is and then we just go ahead make the deposit.' There's no 800 numbers and nothing like that...
4-18-2020 Intel Guru Bruce [via WiserNow] ... I did get information from a Tier 1 banker...that indicated that their best information was saying that we would start on Tuesday 21st of April...So – I don’t want everybody to get their hopes up too high for Friday/Saturday...but I feel good because I think we’re finally to where we could start sensibly on Tuesday...I really believe that everything we’re hearing is pointing toward early next week and my feeling is it will probably be Tuesday...We have been told that Iraq was supposed to have a new and improved rate...(Wed)... we got that from our Forex guy but we do not have the new rate though...I think Iraq is just doing what they need to do to be ready for when all of this goes...
4-18-2020 Intel Guru Footforward ...The auctions are stopped...the CBI...is going to be telling the citizens what is going on soon...You know I can't give you dates and really hate giving rates...but just looking at everything...I would really be surprised if it didn't happen before the end of April...I can also see why it could go into May, why it could go to June... With everything going on we maybe even looking at a higher rate because of the money that needs to be poured into economies...
4-18-2020 Newshound Guru Jeff So when the ISX goes back online the rate will have already changed...It's that easy. As of right now we do know that the ISX time period has only been extended through Saturday April 25th. Right there they're telling you that the ISX date for it to go back online and in service will be Sunday April 26th...by reinstating the ISX stock exchange on a Sunday that allows them to change and increase the exchange rate on a Sunday morning before the ISX goes back online at 10:00am Iraq time in the morning... There's only one Sunday left in the month of April after this weekend... The ISX has the handwriting all over it. [post 2 of 2]
4-18-2020 Newshound Guru Jeff ...Iraq showed you they had shut down their ISX in order to change and increase the exchange rate...This is real easy...if they have to shut down and stop the ISX to be able to change the rate that means that based on cause and effect they can't turn the ISX back on until the rate has changed. Right there they're telling you what you can look for to know exactly when the rate is gonna change. It's the ISX because they're telling you the ISX can not go back online until the rate has changed. [post 1 of 2....stay tuned]
4-18-2020 Newshound Guru Kaperoni The biggest event we may see in the next two weeks is possibly the vote and swearing in of the new Iraqi government. But time will tell if that even happens.
4-18-2020 Newshound Guru MilitiaMan Article: "Centralization and economic confrontation" Quote: "...Iraq’s problems lie In the economic solution and this solution is in the hands of the Central Bank of Iraq. Therefore, the Central must be granted freedom to implement its economic plans and procedures." They clearly state the solution is in the hands of the Central Bank! They must be granted freedom to implement its economic plans and procedures... One of the plans was to cease the Dollar Auctions and slow the private banks and money exchangers pick up the ball and run with it. The Central bank will be selling Dinar at an international level and they now have facilities in place from the IMF and the UST imo! So, it sure looks like the keys to the CBI maybe handed off to some to be determined in the near future after Alak raises the “secret” exchange rate before he heads over to the AMF top position. He won’t be handing off the keys at a program rate imo!! No way.. That is not the solution!
4-18-2020 Newshound Guru Pimpy I bank personally at Wells Fargo. I have spoken to my Wells Fargo manager and when I went to go talk to him about the Iraqi dinar the first thing he said is, 'well just let me say this first and foremost. At the moment we don't buy nor do we sell or exchange Iraqi dinar.' Then he said, 'Having said that, once it's recognized internationally again that's different. Once it's on Forex.' He said, 'You'll walk into the bank. You'll get my attention. You will let me know what you have, how much you wanted to go ahead and deposit. I will let you know what the rate is and then we just go ahead make the deposit.' There's no 800 numbers and nothing like that...
4-18-2020 Intel Guru Bruce [via WiserNow] ... I did get information from a Tier 1 banker...that indicated that their best information was saying that we would start on Tuesday 21st of April...So – I don’t want everybody to get their hopes up too high for Friday/Saturday...but I feel good because I think we’re finally to where we could start sensibly on Tuesday...I really believe that everything we’re hearing is pointing toward early next week and my feeling is it will probably be Tuesday...We have been told that Iraq was supposed to have a new and improved rate...(Wed)... we got that from our Forex guy but we do not have the new rate though...I think Iraq is just doing what they need to do to be ready for when all of this goes...
4-17-2020 Newshound Guru Pimpy Everyone is presenting the names of the candidates they want to be part of Al-Kazimi's...they're establishing this ministry and getting him voted in as quickly as possible...this has not been voted on yet. It will be voted on I believe next Tuesday...So far so good. Usually by now we've seen all kinds of articles where people were threatening to block the ministry and block the P.M. We're not seeing that right now. I think parliament is smart enough to realize that 'hey we actually don't want to lose our power. We need to find some type of compromise.' We'll keep an eye on what's on...we'll see if it actually makes it ...We will find out next week for sure. Or where they [parliament] get dissolved...
4-17-2020 Guest Guru Nathan Even with 50+ trillion dinar in circulation I actually have been able to make the numbers work around the .03 or .04 cents mark and is it a coincidence that the institutions I transacted on, the most that they ever paid (remember it wasn't a rate) was in that ballpark figure...obviously they're looking for a return. These institutions have transacted. They're looking for a bigger return.
4-17-2020 Newshound Guru Jeff Article: "An Iraqi consultant returns the high price of the dollar to two workers and sets the date for its stability". Quote: "The process of increasing the foreign exchange rate of the Iraqi dinar always occurs during official holidays." The corona virus quarantine period IS A HOLIDAY! When is Iraq's stock exchange going back online? Right now it's set to restore as of April 26th...
4-17-2020 Intel Guru MarkZ I do have that more and more people are being pushed to get back into position which I take as a great sign… One of my DC contacts told me to expect all kinds of political news over the weekend…to watch it closely..and said he believes we are close at this point. Don’t know what this means for timing…but we need to watch the political news this weekend...
4-17-2020 Newshound Guru Pimpy ...I don't know what the hell is going on with the auctions...it's the same as it's been. It hasn't changed so of course there's no cash going on but there was a currency auction in regards to digital I just thought this part was interesting, "The results of the foreign currency sales window for Tuesday, 3/24/2020 with covers the period from 4/4/2020 to 4/16/2020" not sure what's going on there but we shall soon see...weird...
4-17-2020 Guest Guru Nathan ...Whatever this thing that is coming down the pipeline, yeah the dinar is definitely playing a role. It just may not be as big or as significant role as people would like to think...
4-17-2020 Newshound/Intel Guru Mnt Goat Article quote: "...one of the main factors for facing the challenges in the budget 2020 IS FILLING A PORTION OF THE FISCAL DEFICIT DIRECTED AT BORROWING FROM THE CENTRAL BANK RESERVES, but borrowing can only be made in the presence of a fully-fledged government..." so, the conclusion is they can not use the CBI reserves unless there is a full government in place. So the pressure is on to conclude this government shortly.
4-17-2020 Newshound Guru Jeff Trump has this timed perfectly so Iraq quarantine period ends, they change the rate... And by the time the U.S. quarantine period ends the change has already occurred and a few people may have gotten a chance to get to the bank. Some can't because some states have tighter restrictions on the banks. Where I'm at our banks are open...The ISX is going to come back online as of Sunday the 26th...
4-17-2020 Guest Guru Nathan Even with 50+ trillion dinar in circulation I actually have been able to make the numbers work around the .03 or .04 cents mark and is it a coincidence that the institutions I transacted on, the most that they ever paid (remember it wasn't a rate) was in that ballpark figure...obviously they're looking for a return. These institutions have transacted. They're looking for a bigger return.
4-17-2020 Newshound Guru Jeff Article: "An Iraqi consultant returns the high price of the dollar to two workers and sets the date for its stability". Quote: "The process of increasing the foreign exchange rate of the Iraqi dinar always occurs during official holidays." The corona virus quarantine period IS A HOLIDAY! When is Iraq's stock exchange going back online? Right now it's set to restore as of April 26th...
4-17-2020 Intel Guru MarkZ I do have that more and more people are being pushed to get back into position which I take as a great sign… One of my DC contacts told me to expect all kinds of political news over the weekend…to watch it closely..and said he believes we are close at this point. Don’t know what this means for timing…but we need to watch the political news this weekend...
4-17-2020 Newshound Guru Pimpy ...I don't know what the hell is going on with the auctions...it's the same as it's been. It hasn't changed so of course there's no cash going on but there was a currency auction in regards to digital I just thought this part was interesting, "The results of the foreign currency sales window for Tuesday, 3/24/2020 with covers the period from 4/4/2020 to 4/16/2020" not sure what's going on there but we shall soon see...weird...
4-17-2020 Guest Guru Nathan ...Whatever this thing that is coming down the pipeline, yeah the dinar is definitely playing a role. It just may not be as big or as significant role as people would like to think...
4-17-2020 Newshound/Intel Guru Mnt Goat Article quote: "...one of the main factors for facing the challenges in the budget 2020 IS FILLING A PORTION OF THE FISCAL DEFICIT DIRECTED AT BORROWING FROM THE CENTRAL BANK RESERVES, but borrowing can only be made in the presence of a fully-fledged government..." so, the conclusion is they can not use the CBI reserves unless there is a full government in place. So the pressure is on to conclude this government shortly.
4-17-2020 Newshound Guru Jeff Trump has this timed perfectly so Iraq quarantine period ends, they change the rate... And by the time the U.S. quarantine period ends the change has already occurred and a few people may have gotten a chance to get to the bank. Some can't because some states have tighter restrictions on the banks. Where I'm at our banks are open...The ISX is going to come back online as of Sunday the 26th...
4-16-2020 Newshound Guru Pimpy Article "The President of the Republic: A strategic dialogue with America will begin next June" This is important because next June they will be meeting with America to go over some strategical reforms and start dialogue with the United States...the IMF as well as the United Nation is also going to be in Iraq in June. It makes you wonder what's going on there - hmmm...what I'm hoping is everything is done. The United Nations goes ahead and removes the restrictions and allows their currency to be recognized internationally and we start seeing the IQD on the Forex...
4-16-2020 Newshound Guru Jeff ...remember on Monday I told you they were going to extend the ISX for one more week. That was my opinion. Here's your confirmation, Article: "Trading activity continues to be suspended until Saturday, April 25, 2020..." I also told you IMO that when the ISX gets turned back on I felt that's when the rate would change...for Iraq they can only change the rate on a Sunday. That's exactly what Kuwait did - March 24, 1991. The reason why is Sunday is their first business day of their week...THEIR Sunday morning when all markets are closed to minimize and control market impact and volatility...
4-16-2020 Newshound/Intel Guru Mnt Goat I want everyone to know that there is no “magic wand” that is going to wave after the government is finally formed, that will bring us the reinstatement... there are still lots of ‘ifs”...I also have to say these larger notes are getting worn out once again. The citizens are complaining and want fresher notes. Actually, they want the lower denominations and hopes of getting the currency of the past once again. So, this “project to delete the zeros” is still on the table and pressure to get it done might (I said might) bring us the reinstatement earlier than expected, but at a more gradual rate and maybe not pop out at the over $3.00+ but rather maybe just under $1.00... [post 2 of 2]
4-16-2020 Newshound/Intel Guru Mnt Goat Al-Kazemi has become a very strong designate and this time parliament will move on voting (ratification) him as the new prime minister...they are moving quickly to get the new Iraqi Prime Minister-designate Mustafa Al-Kazemi announced and the completion of forming the new government... The final voting process in parliament is a mere formality. The negotiations with the political blocs to agree on them is done before the speaker of the house will even bring it to a vote. ...a parliamentary source suggested that the parliament would convene NEXT WEEK to vote on the cabinet of Prime Minister-designate Mustafa Al-Kazemi. So this madness of selecting a new Pm could end next week and Iraq could finally get down to rebuilding its economy and country. [post 1 of 2....stay tuned]
4-16-2020 Intel/Newshound Guru tman23 ...Kuwait released their 6th series of the currency in May...during Ramadan...a few years ago... their Central Bank started some video releases on history of the currency in April...it’s just factual information of what took place as many claim nothing happens during Ramadan, so as you can investigate and discover...not true... ...because of their dire straights economic position and videos of history on the currency to public...very high probability we will see it. [See the CBI History Video Below...]
4-16-2020 Intel Guru MarkZ My bankers had told me not to look for anything until after Tuesday and now my folks at one redemption center said they are supposed to have their center ready by Friday at the close of business. So maybe that’s a clue? Possibly…hopefully…but, everything needs to be ready with gloves, masks exchange provisions.
4-16-2020 Newshound Guru MilitiaMan [Does anybody know when does the ISX opens back up?] ...The ISX is not going to hook up with the NASDAQ at a program rate, nor is the value of the shares to meet regional standards going ti improve unless the IQD is RI'd imo.
4-16-2020 Intel Guru Frank ...we're coming in for a landing, you've got to put your trays in the upright position and lift your feet up...we told you this kind of information would come from the CBI and it would flow down as part of the monetary reform education to the citizens. You're seeing it as of now...what did the CBI put out? A history of their currency [See video below] ...this is the trickle down to the citizens...the video is showing them the old currency they used to have...this is a tool. [See the history of the CBI video below. Notice in the credits - produced in 2019.]
4-16-2020 Newshound Guru Jeff ...remember on Monday I told you they were going to extend the ISX for one more week. That was my opinion. Here's your confirmation, Article: "Trading activity continues to be suspended until Saturday, April 25, 2020..." I also told you IMO that when the ISX gets turned back on I felt that's when the rate would change...for Iraq they can only change the rate on a Sunday. That's exactly what Kuwait did - March 24, 1991. The reason why is Sunday is their first business day of their week...THEIR Sunday morning when all markets are closed to minimize and control market impact and volatility...
4-16-2020 Newshound/Intel Guru Mnt Goat I want everyone to know that there is no “magic wand” that is going to wave after the government is finally formed, that will bring us the reinstatement... there are still lots of ‘ifs”...I also have to say these larger notes are getting worn out once again. The citizens are complaining and want fresher notes. Actually, they want the lower denominations and hopes of getting the currency of the past once again. So, this “project to delete the zeros” is still on the table and pressure to get it done might (I said might) bring us the reinstatement earlier than expected, but at a more gradual rate and maybe not pop out at the over $3.00+ but rather maybe just under $1.00... [post 2 of 2]
4-16-2020 Newshound/Intel Guru Mnt Goat Al-Kazemi has become a very strong designate and this time parliament will move on voting (ratification) him as the new prime minister...they are moving quickly to get the new Iraqi Prime Minister-designate Mustafa Al-Kazemi announced and the completion of forming the new government... The final voting process in parliament is a mere formality. The negotiations with the political blocs to agree on them is done before the speaker of the house will even bring it to a vote. ...a parliamentary source suggested that the parliament would convene NEXT WEEK to vote on the cabinet of Prime Minister-designate Mustafa Al-Kazemi. So this madness of selecting a new Pm could end next week and Iraq could finally get down to rebuilding its economy and country. [post 1 of 2....stay tuned]
4-16-2020 Intel/Newshound Guru tman23 ...Kuwait released their 6th series of the currency in May...during Ramadan...a few years ago... their Central Bank started some video releases on history of the currency in April...it’s just factual information of what took place as many claim nothing happens during Ramadan, so as you can investigate and discover...not true... ...because of their dire straights economic position and videos of history on the currency to public...very high probability we will see it. [See the CBI History Video Below...]
4-16-2020 Intel Guru MarkZ My bankers had told me not to look for anything until after Tuesday and now my folks at one redemption center said they are supposed to have their center ready by Friday at the close of business. So maybe that’s a clue? Possibly…hopefully…but, everything needs to be ready with gloves, masks exchange provisions.
4-16-2020 Newshound Guru MilitiaMan [Does anybody know when does the ISX opens back up?] ...The ISX is not going to hook up with the NASDAQ at a program rate, nor is the value of the shares to meet regional standards going ti improve unless the IQD is RI'd imo.
4-16-2020 Intel Guru Frank ...we're coming in for a landing, you've got to put your trays in the upright position and lift your feet up...we told you this kind of information would come from the CBI and it would flow down as part of the monetary reform education to the citizens. You're seeing it as of now...what did the CBI put out? A history of their currency [See video below] ...this is the trickle down to the citizens...the video is showing them the old currency they used to have...this is a tool. [See the history of the CBI video below. Notice in the credits - produced in 2019.]
4-16-2020 Intel Guru MarkZ [...does Iraq need a government before they see the RV?] My thoughts are that they will not be able to have a stable government without an RV…once they have a stable monetary system…the government will happen very quickly.
4-15-2020 Intel Guru Bruce [via WiserNow] I do feel...really good about where we are and what [information] we have received...President Trump had a date in mind for this to go – for this to happen...and I’ll cut right to it and say that date was supposed to be by the 17th - but it really talked in terms of the 15th...everything is set for “GO”...and we did hear from our Forex guy – that Iraq was looking at a new rate for their Dinar – a new revalued Dinar rate tomorrow (Wed) - that is on the 15th so, they are positioned...We’ve have information from the world bank – a couple other bank sources – that have reported that they believe – I am going to say “they” they have told us - that they are looking very strong on the 15th (Wed)...I’ve also heard that it needs to go between tomorrow and Friday (Wed – Fri) - Friday is a “must have by” the 17th...I’m not calling it but that is what everything is pointing to...what we know is everybody is prepared...they are ready for us...I feel good about where we are...
4-15-2020 Guest Guru Nathan I know one U.S. institution who bought IQD. Large amounts of it. I can't name the name but Wall Street? Be it a hedge fund or anything, there is not one example and I have tried to find out. Because don't you think if this thing was imminent and this thing was going to get returns, insiders in the banking and finance...don't you think that they would have at least "off book" holdings of IQD? ...I know of other entities outside of the U.S. I've dealt with them. Financial entities and institutions except for that one exception I couldn't find one single financial institution, off book or otherwise that has bought IQD...There's a big disconnect...I'm very friendly with another high-up fund manager - one of the biggest ones in China. He told me whatever it is coming down the pipeline is the biggest financial paradigm shift the world has ever seen.
4-15-2020 Newshound Guru Adam Montana ...OIL is currently under $20 (WTI), which is unsustainable on many levels. The largest OPEC production cut in history was agreed to on Sunday, in an effort to get prices moving up again... the markets don't seem to be reflecting that yet, but I have no doubt that OIL will go back up. Here's the bottom line: 1. The world isn't going to stop using oil. Not even COVID-19 can make that happen. 2. OIL will never be free. Period, end of story, that's "all she wrote". Oil will never be free. With Iraq being in the top ranks of all OIL producing/selling/exporting countries in the world, it has a lifeline that will never go away. Not in our lifetimes, anyway!
4-15-2020 Intel Guru Frank26 the auctions today are of a different way..the auctions of right now are not of today...here's the key, these auctions are showing no cash transactions...nothing physical...the auctions are all digital right now...when the auction come back with the American dollar it will be a different format for the American dollar and any foreign currency they use...because there is a new currency that is about to come out for the citizens of Iraq! ...all of this is for the reinstatement process...this is another mechanism of the reinstatement process of their currency...what is going on right now is the auctions are keeping the American dollar out of the eyes of the citizens of Iraq because their eyes are about to be cast on a new currency for them...they don't see the American dollar anymore in order for preparation of the introduction of the new small category notes. Isn't this exciting?! This change is the key...
4-15-2020 Intel/Newshound Guru tman23 ...let’s just say that the good ole USA is directly in charge of managing the cesspool [Iraq] right now...it’s like the JG Wentworth saying...it’s, our money and we NEED it now...not waiting another 10 years... Kazemei is the choice now...and new currency will be introduced during midway into Ramadan in May...
4-15-2020 Intel Guru MarkZ the people are just now getting back into place in order to have a reset or RV. Does that mean its coming? No, it means the banking centers are getting staffed again and prepared. One of the locations I talk with had supplies already in place last week…masks, disinfectant sprays, gloves ect…another is getting them this week. So personally I am not looking for it at least later in the week…
4-15-2020 Guest Guru Nathan I would love the thought I'm gonna get $3.00. This is phenomenal but I'm a realist too. I've been a party to real transactions...I appreciate people that operate in that manner who manage expectations. Under promise and over-deliver type strategy. I'm a big proponent of that. I'm a realist. I know what I will be getting for my IQD. I've already been told. And it's no where near that. Now am I being set up to be screwed? Possibly. But I've accepted the terms and I'm comfortable with the terms. It's a very good return for me...I'm in the process of a deal...
4-15-2020 Intel Guru Frank26 ...Donald Trump is just doing some amazing things...who is he doing this with? The CBI...I think it's important that Donald Trump is the reason why you're reading a lot of CBI articles...everyday more than one. And they're all coming from where? That meeting that we told you about... 1. Stop the auctions. 2. No use of the American dollar...this is miraculous...this is powerful... 3. New small category notes...coexist with the notes out right now... 4. New rate...the last 6 days we've had an avalanche of information from the CBI and all because of Donald Trump IMO...he's pushing it out...we told you this was going to happen just before they release all this information. It's about to be released and that's why they're giving you the information. You need the new rate before you get the new currency. You need the information before you get the new currency. You need the information before you even get the rate to get the new currency. Oh snap! That's what's going on right now. This is serious family!
4-15-2020 Newshound Guru Jeff ...what [community member] MD1978 is trying to tell you is that the end of March would be the end of the 2019 fiscal year and...Iraq only has 30 days to show you the rate...so by the end of March [April?] Iraq has to show you the rate and make it public. I personally agree with MM1978 100%...that encircles the weekend of April 25th-26th that weekend. By having a lot of key things that would put stability in place for Iraq over the weekend of the 25th-26th we need to keep our eyes around that time period. That's when a lot of important things are happening.
4-15-2020 Newshound Guru MilitiaMan Article quote: "...it is better for the central bank to cancel the currency auction and install its local currency... According to the official, "There are daily discussions to reach a road map that enables the country to maintain an acceptable exchange secret of the dinar against the dollar." ...in the coming days they are going to change from the CBI from getting dollars from the GOI, the merchants and private banks will get it directly from the GOI. The CBI will have no dollars. What they will have is a new currency to sell, effectively. The exchanges will sell dollars for legitimate use, i.e., travel, etc.. The CBI will make money off the Dinar. There will be no MCPs allowed in country for local use. That will require the dollar to be used for outside the country. So, for this reversal or pattern change is the Big Kahuna imo.. CBI is about to change the rate.
4-15-2020 Guest Guru Nathan I know one U.S. institution who bought IQD. Large amounts of it. I can't name the name but Wall Street? Be it a hedge fund or anything, there is not one example and I have tried to find out. Because don't you think if this thing was imminent and this thing was going to get returns, insiders in the banking and finance...don't you think that they would have at least "off book" holdings of IQD? ...I know of other entities outside of the U.S. I've dealt with them. Financial entities and institutions except for that one exception I couldn't find one single financial institution, off book or otherwise that has bought IQD...There's a big disconnect...I'm very friendly with another high-up fund manager - one of the biggest ones in China. He told me whatever it is coming down the pipeline is the biggest financial paradigm shift the world has ever seen.
4-15-2020 Newshound Guru Adam Montana ...OIL is currently under $20 (WTI), which is unsustainable on many levels. The largest OPEC production cut in history was agreed to on Sunday, in an effort to get prices moving up again... the markets don't seem to be reflecting that yet, but I have no doubt that OIL will go back up. Here's the bottom line: 1. The world isn't going to stop using oil. Not even COVID-19 can make that happen. 2. OIL will never be free. Period, end of story, that's "all she wrote". Oil will never be free. With Iraq being in the top ranks of all OIL producing/selling/exporting countries in the world, it has a lifeline that will never go away. Not in our lifetimes, anyway!
4-15-2020 Intel Guru Frank26 the auctions today are of a different way..the auctions of right now are not of today...here's the key, these auctions are showing no cash transactions...nothing physical...the auctions are all digital right now...when the auction come back with the American dollar it will be a different format for the American dollar and any foreign currency they use...because there is a new currency that is about to come out for the citizens of Iraq! ...all of this is for the reinstatement process...this is another mechanism of the reinstatement process of their currency...what is going on right now is the auctions are keeping the American dollar out of the eyes of the citizens of Iraq because their eyes are about to be cast on a new currency for them...they don't see the American dollar anymore in order for preparation of the introduction of the new small category notes. Isn't this exciting?! This change is the key...
4-15-2020 Intel/Newshound Guru tman23 ...let’s just say that the good ole USA is directly in charge of managing the cesspool [Iraq] right now...it’s like the JG Wentworth saying...it’s, our money and we NEED it now...not waiting another 10 years... Kazemei is the choice now...and new currency will be introduced during midway into Ramadan in May...
4-15-2020 Intel Guru MarkZ the people are just now getting back into place in order to have a reset or RV. Does that mean its coming? No, it means the banking centers are getting staffed again and prepared. One of the locations I talk with had supplies already in place last week…masks, disinfectant sprays, gloves ect…another is getting them this week. So personally I am not looking for it at least later in the week…
4-15-2020 Guest Guru Nathan I would love the thought I'm gonna get $3.00. This is phenomenal but I'm a realist too. I've been a party to real transactions...I appreciate people that operate in that manner who manage expectations. Under promise and over-deliver type strategy. I'm a big proponent of that. I'm a realist. I know what I will be getting for my IQD. I've already been told. And it's no where near that. Now am I being set up to be screwed? Possibly. But I've accepted the terms and I'm comfortable with the terms. It's a very good return for me...I'm in the process of a deal...
4-15-2020 Intel Guru Frank26 ...Donald Trump is just doing some amazing things...who is he doing this with? The CBI...I think it's important that Donald Trump is the reason why you're reading a lot of CBI articles...everyday more than one. And they're all coming from where? That meeting that we told you about... 1. Stop the auctions. 2. No use of the American dollar...this is miraculous...this is powerful... 3. New small category notes...coexist with the notes out right now... 4. New rate...the last 6 days we've had an avalanche of information from the CBI and all because of Donald Trump IMO...he's pushing it out...we told you this was going to happen just before they release all this information. It's about to be released and that's why they're giving you the information. You need the new rate before you get the new currency. You need the information before you get the new currency. You need the information before you even get the rate to get the new currency. Oh snap! That's what's going on right now. This is serious family!
4-15-2020 Newshound Guru Jeff ...what [community member] MD1978 is trying to tell you is that the end of March would be the end of the 2019 fiscal year and...Iraq only has 30 days to show you the rate...so by the end of March [April?] Iraq has to show you the rate and make it public. I personally agree with MM1978 100%...that encircles the weekend of April 25th-26th that weekend. By having a lot of key things that would put stability in place for Iraq over the weekend of the 25th-26th we need to keep our eyes around that time period. That's when a lot of important things are happening.
4-15-2020 Newshound Guru MilitiaMan Article quote: "...it is better for the central bank to cancel the currency auction and install its local currency... According to the official, "There are daily discussions to reach a road map that enables the country to maintain an acceptable exchange secret of the dinar against the dollar." ...in the coming days they are going to change from the CBI from getting dollars from the GOI, the merchants and private banks will get it directly from the GOI. The CBI will have no dollars. What they will have is a new currency to sell, effectively. The exchanges will sell dollars for legitimate use, i.e., travel, etc.. The CBI will make money off the Dinar. There will be no MCPs allowed in country for local use. That will require the dollar to be used for outside the country. So, for this reversal or pattern change is the Big Kahuna imo.. CBI is about to change the rate.
4-14-2020 Newshound Guru Jeff Article "Pompeo: US welcomes formation of new Iraqi government". The reason why Mike Pompeo went to Iraq on Easter Sunday and met with the new prime minister Kazemi is because his government is done and formed. They cannot and will not tell you all of the truth out of Iraq...Iraq's new government is done formed and complete. "We welcome Shia, Sunni and Kurdish political leaders seem to have arrived at a consensus on government formation..., Pompeo said in a statement."
4-14-2020 Newshound/Intel Guru Mnt Goat ...At the beginning of the week we hear that A-Zarfi would get the needed votes in parliament to be confirmed on Friday or Saturday. Then a sudden change on Wednesday and Mustafa Al-Kazemi is now to form the next government. Really? Oh – but many are saying this is FAKE news and can’t be real. I am telling everyone today this is real and weird but it happened ...Will it take another 30 days to form his government? This is our real question and concern for this recent news.
4-14-2020 Intel Guru Delta Article: "Citizens: Prices are at their normal levels" Quote: "...the most prominent of these proposals is to solve the issue of selling the dollar by selling it directly to traders.” WOW A BOMB ARTICLE...AS WE KNOW GOV SELLS DOLLARS TO CBI TO MAINTAIN EXCHANGE RATE TOO ...SO IF GOV SELL DOLLARS DIRECTLY TO TRADERS...THAT'S MEAN CBI DOES NOT NEED DOLLARS FROM GOV ANYMORE...MEANS A NEW RATE ON THE VERGE TO COME OUT...
4-14-2020 Newshound Guru Jeff ...it's called the coronavirus calendar. That's all that we're waiting on. It's that simple. I've proven to you that the ISX is following the US's coronavirus calendar...the ISX is probably going to be extended one more week to Saturday April 25th and then it's be restored and go online most likely on Saturday [Sunday?} the 26th...the movements of the ISX is going to be your marker for the rate change. When the ISX goes online in my full opinion that's when that rate's changing... Article "Governor Najaf: We will lift the curfew within 2 weeks if we do not report any cases of corona" ...there you go...
4-14-2020 Intel Guru MarkZ [via PDK] Some of my contacts are back in the saddle today... So hopefully today we will start getting more news as to where we are at because we will finally have some people back in the banking areas... Government sources are saying they need to wait for the banking system to be ready. All sources are waiting on the banking people to be in position before there is any kind of release.
4-14-2020 Newshound Guru Pimpy Do I think the rate change is gonna happen? Oh, yeah I absolutely without a doubt feel like this rate change is gonna happen. Do I know how much? No. But I could take a very very good guess at it and I've made my own personal prediction...I really feel like the rates gonna come out somewhere around $1.34 but I've also made a stern stern argument for why it might come out at $3.22. I'm going going to go out on a limb and make this prediction...nobody and I mean nobody in the dinar community right now that would fuss, get mad or turn down a rate of $1.34. We all want $3.22 but we would not turn down $1.34 let's be realistic.
4-14-2020 Newshound/Intel Guru Mnt Goat ...At the beginning of the week we hear that A-Zarfi would get the needed votes in parliament to be confirmed on Friday or Saturday. Then a sudden change on Wednesday and Mustafa Al-Kazemi is now to form the next government. Really? Oh – but many are saying this is FAKE news and can’t be real. I am telling everyone today this is real and weird but it happened ...Will it take another 30 days to form his government? This is our real question and concern for this recent news.
4-14-2020 Intel Guru Delta Article: "Citizens: Prices are at their normal levels" Quote: "...the most prominent of these proposals is to solve the issue of selling the dollar by selling it directly to traders.” WOW A BOMB ARTICLE...AS WE KNOW GOV SELLS DOLLARS TO CBI TO MAINTAIN EXCHANGE RATE TOO ...SO IF GOV SELL DOLLARS DIRECTLY TO TRADERS...THAT'S MEAN CBI DOES NOT NEED DOLLARS FROM GOV ANYMORE...MEANS A NEW RATE ON THE VERGE TO COME OUT...
4-14-2020 Newshound Guru Jeff ...it's called the coronavirus calendar. That's all that we're waiting on. It's that simple. I've proven to you that the ISX is following the US's coronavirus calendar...the ISX is probably going to be extended one more week to Saturday April 25th and then it's be restored and go online most likely on Saturday [Sunday?} the 26th...the movements of the ISX is going to be your marker for the rate change. When the ISX goes online in my full opinion that's when that rate's changing... Article "Governor Najaf: We will lift the curfew within 2 weeks if we do not report any cases of corona" ...there you go...
4-14-2020 Intel Guru MarkZ [via PDK] Some of my contacts are back in the saddle today... So hopefully today we will start getting more news as to where we are at because we will finally have some people back in the banking areas... Government sources are saying they need to wait for the banking system to be ready. All sources are waiting on the banking people to be in position before there is any kind of release.
4-14-2020 Newshound Guru Pimpy Do I think the rate change is gonna happen? Oh, yeah I absolutely without a doubt feel like this rate change is gonna happen. Do I know how much? No. But I could take a very very good guess at it and I've made my own personal prediction...I really feel like the rates gonna come out somewhere around $1.34 but I've also made a stern stern argument for why it might come out at $3.22. I'm going going to go out on a limb and make this prediction...nobody and I mean nobody in the dinar community right now that would fuss, get mad or turn down a rate of $1.34. We all want $3.22 but we would not turn down $1.34 let's be realistic.
4-13-2020 Guest Guru Nathan I can tell you this much on the transactions I was involved in the last couple years I never transacted on anything above $1 and it was sub a dollar...the contracts that I transacted on it didn't stipulate the rate. It was a certain amount of money for a certain amount of IQD. You obviously by extrapolating the amount you've got a rate. There's so many variable involved in these transaction but you could extrapolate a rate out of the transaction by simply dividing how much IQD and how much the offer was for it. It was nowhere near a dollar. Nowhere near .50 cents. Nowhere near .10 cents. But it was a significant premium to the face value of the IQD. .01, .02, .03, .04 cents is a huge huge return in anyone's book. Those transaction are different these are institutional plays. Whether they were buying the IQD for an RV I don't know. That information was never disclosed to me or my associates. But they thought they paid a significant premium up and above the face value of the IQD at the time...
4-13-2020 Newshound Guru Pimpy They said, well you never see anybody on normal mainstream talk about investing in this. I go yeah, there's been a couple occasions. There's lots of videos out there and I shared a couple with him...CNBC's Video "Jim Cramer of Mad Money Talks About Iraqi Dinar"...They're talking about the actual currency itself...it doesn't make a difference how old the video is...pay attention to what the whole point of these videos are and that is they're encouraging people...this CNBC. Jim Cramer is not a small fry. This guy has a pretty good following. He's encouraging people to buy into the dinar... [Post 2 of 2]
4-13-2020 Newshound Guru Pimpy ...I've gotten into a pretty good lengthy conversation with a few people...they wanted to voice their opposition to why we should invest in a dinar...they said the currency is a scam. And I of course was able to prove to them that the currency is not a scam. It can't be a scam - the currency itself. I can take my dinar, go into Iraq and use it to buy things. So The currency itself is not a scam. Now we all know that people have taken the currency itself, Iraq dinar, and they have committed scams with this currency. That's why you've got to be careful...there's a huge difference between whether this currency is a real scam or if the people are using it as a scam... [Post 1 of 2....stay tuned]
4-13-2020 Intel Guru Footforward Most of what I'm being told, I've been asked to not share publicly...I'm asked not to say things because it burns sources... There is alot more going on then most realize. Two people made visits to Iraq. One was public. The other not so much. The not so public one was furious. By May 1st, if nothing happens, sanctions likely to come.
4-13-2020 Intel Guru MarkZ No golden eggs yet...I think it is positive that some folks involved in the exchange process are being asked to return to their seats…This is the first activity I have seen in over a week…
4-13-2020 Newshound Guru Jeff ...I firmly believe the rate has changed but privately only on the accounting books. Right now it's not public. It's not even public in country. I don't believe in a separate rate where it can go in country first and then out of country at a later date. I don't believe in that logic or theory...IMO once it changes it can only change one place, one time and then they're international...
4-13-2020 Guest Guru Nathan My primary theory if this does go public...I don't know if it is, all I think is that by the end of May maybe it might stretch into June. I've told people I know personally I've given them a deadline at the end of June...I'm a person who likes to manage expectations. I'm personally banking on the end of June. Now I've been told end of May at the latest this thing will be done. That doesn't mean that this is a public event. It might be a closed shop event. It might be a public bit I just don't know and if I did know I would at least hint at it but I genuinely don't know. And the people who really would know have not told me. I don't even know if they know. I do know the institution pulling the trigger on whatever this is. I've been in this game for 3 years and I only recently found out who's pulling the trigger on this thing...
4-13-2020 Intel Guru Frank26 Pompeo was there...he actually told them look CBI, GOI all of you. You have until May 1st that's it. What does that mean? Is it a threat? I think the meaning is we are in control now...I think if not they are going to take over and I'm sure Iraq doesn't want that. So Pompeo comes out and says you've got until May 1. Then today [last week] he comes out and tells the American citizens the economy is going to BOOM! Boom or explode whatever he said - at the end of April. The end of April is the same as May 1st. Something is going on...
4-13-2020 Newshound Guru Pimpy They said, well you never see anybody on normal mainstream talk about investing in this. I go yeah, there's been a couple occasions. There's lots of videos out there and I shared a couple with him...CNBC's Video "Jim Cramer of Mad Money Talks About Iraqi Dinar"...They're talking about the actual currency itself...it doesn't make a difference how old the video is...pay attention to what the whole point of these videos are and that is they're encouraging people...this CNBC. Jim Cramer is not a small fry. This guy has a pretty good following. He's encouraging people to buy into the dinar... [Post 2 of 2]
4-13-2020 Newshound Guru Pimpy ...I've gotten into a pretty good lengthy conversation with a few people...they wanted to voice their opposition to why we should invest in a dinar...they said the currency is a scam. And I of course was able to prove to them that the currency is not a scam. It can't be a scam - the currency itself. I can take my dinar, go into Iraq and use it to buy things. So The currency itself is not a scam. Now we all know that people have taken the currency itself, Iraq dinar, and they have committed scams with this currency. That's why you've got to be careful...there's a huge difference between whether this currency is a real scam or if the people are using it as a scam... [Post 1 of 2....stay tuned]
4-13-2020 Intel Guru Footforward Most of what I'm being told, I've been asked to not share publicly...I'm asked not to say things because it burns sources... There is alot more going on then most realize. Two people made visits to Iraq. One was public. The other not so much. The not so public one was furious. By May 1st, if nothing happens, sanctions likely to come.
4-13-2020 Intel Guru MarkZ No golden eggs yet...I think it is positive that some folks involved in the exchange process are being asked to return to their seats…This is the first activity I have seen in over a week…
4-13-2020 Newshound Guru Jeff ...I firmly believe the rate has changed but privately only on the accounting books. Right now it's not public. It's not even public in country. I don't believe in a separate rate where it can go in country first and then out of country at a later date. I don't believe in that logic or theory...IMO once it changes it can only change one place, one time and then they're international...
4-13-2020 Guest Guru Nathan My primary theory if this does go public...I don't know if it is, all I think is that by the end of May maybe it might stretch into June. I've told people I know personally I've given them a deadline at the end of June...I'm a person who likes to manage expectations. I'm personally banking on the end of June. Now I've been told end of May at the latest this thing will be done. That doesn't mean that this is a public event. It might be a closed shop event. It might be a public bit I just don't know and if I did know I would at least hint at it but I genuinely don't know. And the people who really would know have not told me. I don't even know if they know. I do know the institution pulling the trigger on whatever this is. I've been in this game for 3 years and I only recently found out who's pulling the trigger on this thing...
4-13-2020 Intel Guru Frank26 Pompeo was there...he actually told them look CBI, GOI all of you. You have until May 1st that's it. What does that mean? Is it a threat? I think the meaning is we are in control now...I think if not they are going to take over and I'm sure Iraq doesn't want that. So Pompeo comes out and says you've got until May 1. Then today [last week] he comes out and tells the American citizens the economy is going to BOOM! Boom or explode whatever he said - at the end of April. The end of April is the same as May 1st. Something is going on...
4-12-2020 Newshound/Intel Guru Francis Albert Russia, Saudi Arabia, Mexico with U.S. help reach "Historic" deal to cut about 10 Million Barrels per day. So, if higher prices play into our investment, then IMO, oil prices will rise at the opening bell tomorrow.
4-12-2020 Newshound Guru Jeff We're gonna see how long they keep extending this date out {quarantine date in Iraq}. We're gonna follow the ISX. We're gonna see how long they keep that shut down. We're gonna follow the currency auctions to make sure they don't have more currency auctions. If they they don't have any more currency auctions and the ISX stays closing...IMO throughout this week you will not see any more currency auctions...we won't see any more until they publicly bring us the rate change. That will confirm everything I've shared...they have already changed the rate but they have to hide it from you until they see the coronavirus numbers coming down to a low enough level to where it's safe for you and I to go into the banks and actually physically work with the bankers so they're not put at any kind of risk...
4-12-2020 Intel Guru RayRen98 Political analyst, Wasiq Al Hashemi, confirmed on Saturday that the assignment of the new Prime Minister, Mustafa Al-Kazemi, came with the blessing of the seven Shiite forces and with the blessing of the United States, indicating that Al-Kazemi initiated negotiations to form a government. The biggest obstacle to the negotiations is the coronavirus crisis and the budget for this year. Hezbollah brigades have come out against Al-Kazemi saying he's backed by USA and designed to have American influence. They are sanctioning billboards in refusal of Al-Kazemi saying he will have a difficult task passing.
4-12-2020 Guest Guru Nathan ...This thing will come to an end within a couple of months. The end might not mean everybody walks away a millionaire. The end might mean you may only get a couple of pennies per IQD. Still a huge phenomenal return. What is it now 1/10th of a penny. Are you telling me if there's an announcement made through the U.S. Treasury or something that you have a period of 3 weeks to redeem your Iraqi dinar and they're offering you a set price of 3 cents you're going to say, 'no I'm going to wait. You know this is a conspiracy. It's gonna float and go to $3.00.' Really? That's a big risk. Because if you get off at 3 cents I'll take it because it just doesn't work like that.
4-12-2020 Intel Guru Frank26 what did the video say? [Video released by the CBI] They talked about their currency from the very beginning and laid it out step by step to where they're at now. With all due respect who gives a squat about the history of a program rate currency for the last 17 years? You see the importance? ...IMO the CBI currency history video is very powerful and is part of the trickling down of information we been telling you about...in our opinion these are the things that were to be laid out to the citizens and before they raised the value of their currency. It's here...the CBI is making it very clear to the citizens of Iraq, they're guaranteeing them there's a new currency coming. That video was so powerful.
4-12-2020 Newshound Guru Jeff ...I am not expecting anything this weekend...my next personal timer frame is next weekend...as long as they don't have any currency auctions, as long as the ISX stays closed...Why haven't we see it yet? This is very simple. It's the coronavirus...they do not want us in the middle of the virus when it's hitting really high highs. They don't want us storming into the banks...that puts the bankers at tremendous risk...IMO those are the reasons why they are simply not allowing the rate to be publicly changed now... [Post 2 of 2]
4-12-2020 Newshound Guru Jeff I don't believe the rate will change as of this weekend...Iraq is the only country in the world to have shut down their stock exchange. That's huge...IMO the rate did change...but it's only changed on the accounting books. It's not in the public realm. That is why Iraq had to shut down all their markets and also why they had to sneak in the last two currency auctions...they had to close out all the old accounting books for the fiscal year of 2019 before the rate could change. IMO the rate did change privately on the back-end over the weekend of 3-21 and 3-22... [Post 1 of 2....stay tuned]
4-12-2020 Guest Guru Nathan I've never been put under an NDA. So when you hear all this 'they're under an NDA.' 'They'll be put under NDA'...as far as I know in this community I'm the only one that's actually transacted on IQD and I've never once been put under NDA.
4-12-2020 Newshound Guru Jeff We're gonna see how long they keep extending this date out {quarantine date in Iraq}. We're gonna follow the ISX. We're gonna see how long they keep that shut down. We're gonna follow the currency auctions to make sure they don't have more currency auctions. If they they don't have any more currency auctions and the ISX stays closing...IMO throughout this week you will not see any more currency auctions...we won't see any more until they publicly bring us the rate change. That will confirm everything I've shared...they have already changed the rate but they have to hide it from you until they see the coronavirus numbers coming down to a low enough level to where it's safe for you and I to go into the banks and actually physically work with the bankers so they're not put at any kind of risk...
4-12-2020 Intel Guru RayRen98 Political analyst, Wasiq Al Hashemi, confirmed on Saturday that the assignment of the new Prime Minister, Mustafa Al-Kazemi, came with the blessing of the seven Shiite forces and with the blessing of the United States, indicating that Al-Kazemi initiated negotiations to form a government. The biggest obstacle to the negotiations is the coronavirus crisis and the budget for this year. Hezbollah brigades have come out against Al-Kazemi saying he's backed by USA and designed to have American influence. They are sanctioning billboards in refusal of Al-Kazemi saying he will have a difficult task passing.
4-12-2020 Guest Guru Nathan ...This thing will come to an end within a couple of months. The end might not mean everybody walks away a millionaire. The end might mean you may only get a couple of pennies per IQD. Still a huge phenomenal return. What is it now 1/10th of a penny. Are you telling me if there's an announcement made through the U.S. Treasury or something that you have a period of 3 weeks to redeem your Iraqi dinar and they're offering you a set price of 3 cents you're going to say, 'no I'm going to wait. You know this is a conspiracy. It's gonna float and go to $3.00.' Really? That's a big risk. Because if you get off at 3 cents I'll take it because it just doesn't work like that.
4-12-2020 Intel Guru Frank26 what did the video say? [Video released by the CBI] They talked about their currency from the very beginning and laid it out step by step to where they're at now. With all due respect who gives a squat about the history of a program rate currency for the last 17 years? You see the importance? ...IMO the CBI currency history video is very powerful and is part of the trickling down of information we been telling you about...in our opinion these are the things that were to be laid out to the citizens and before they raised the value of their currency. It's here...the CBI is making it very clear to the citizens of Iraq, they're guaranteeing them there's a new currency coming. That video was so powerful.
4-12-2020 Newshound Guru Jeff ...I am not expecting anything this weekend...my next personal timer frame is next weekend...as long as they don't have any currency auctions, as long as the ISX stays closed...Why haven't we see it yet? This is very simple. It's the coronavirus...they do not want us in the middle of the virus when it's hitting really high highs. They don't want us storming into the banks...that puts the bankers at tremendous risk...IMO those are the reasons why they are simply not allowing the rate to be publicly changed now... [Post 2 of 2]
4-12-2020 Newshound Guru Jeff I don't believe the rate will change as of this weekend...Iraq is the only country in the world to have shut down their stock exchange. That's huge...IMO the rate did change...but it's only changed on the accounting books. It's not in the public realm. That is why Iraq had to shut down all their markets and also why they had to sneak in the last two currency auctions...they had to close out all the old accounting books for the fiscal year of 2019 before the rate could change. IMO the rate did change privately on the back-end over the weekend of 3-21 and 3-22... [Post 1 of 2....stay tuned]
4-12-2020 Guest Guru Nathan I've never been put under an NDA. So when you hear all this 'they're under an NDA.' 'They'll be put under NDA'...as far as I know in this community I'm the only one that's actually transacted on IQD and I've never once been put under NDA.
4-11-2020 Newshound Guru ChrisC "The Central Bank of Iraq published a documentary film of its production on the history and story of the Iraqi currency." I just watched the video on the dinar and it is pretty evident based on the themes they were projecting that they are getting ready to do something that will appear bold and powerful. They went to lengths to show how they stood up to the main power in the region to become independent and how, even during the US invasion, they protected the assets of the people and made sure they were safe. They wanted the people to see their strength and loyalty to the country of Iraq for a reason, and IMO, that would be a currency change.
4-11-2020 Newshound Guru MilitiaMan Article quote: "...customs duties were zeroed, and the facilities granted by the Central Bank of Iraq related to the strengthening of balances..." On Thursday they "ZEROED THE CUSTOMS DUTIES". So customs now being ELECTRONIC and having Zeroed them out, would that not suggest they are ushering in the new dinar, as once they've zeroed out the old, they electronically can, will or have had calibrated the electronic system for the new changes necessary for to bring in the new dinar? It sure looks like it...
4-11-2020 Guest Guru Nathan ...I'm more than confident whatever this thing is. Whether it's the GCR. Whether it's an RV or RI or whether it's a closed shop event reserved for the financial elites...top 25 banks and certain central banks in the world. I'm still very much confident it will be finished by the end of May. In a sense that whatever this thing is some of it if not all of it will be public. That may take the form of people walking into their local Wells Fargo branch and converting their IQD or even their Vietnamese dong I don't know. I don't claim to know...I take real world data points from people I work with, people I transact with and I take this and it's so compartmentalized and some of the people who are literally at the coalface of this thing do not have a holistic overview of what's going on. They've been given a directive do this. You do that and why are we doing this? That's none of your business. As you Americans like to say, 'a need to know basis.' It really is that compartmentalized...
4-11-2020 Intel Guru Frank26 ...for them to come out and say we've got a new currency we're gonna introduce with a new rate that's powerful and we're that close to that happening...IMO there are 3 more announcement. 3 more issues...but I think it's gonna be coming out rather rapid-fire - a week. A month - rapid fire.
4-11-2020 Intel/Newshound Guru sandyf [IQD float now, devalue, then ride the tide back up...just a thought...] More than a thought, what the IMF would be looking for, some sort of 10 year plan. Ignore Kap's [Guru Kaperoni's] claim that "most currencies around the world already float so they are priced by supply and demand". Less than 50% of the world's currencies are on any kind of float, and most of those are on a "managed" float, certainly not "managed" by supply and demand.
4-11-2020 Newshound Guru Pimpy ...whatever it is [RV, RI, float etc] it's obviously getting ready to happen here real soon. It just seems that way...there's something happening with the IQD...there's a play on it. There's a lot of activity involved in this. We don't know what it is. We'll see over time where this goes and where this lands...
4-11-2020 Guest Guru Nathan ...whatever this thing is I'm not saying it's an RV. I'm not saying this is an RI. Whatever the play is on the IQD, and there is a play, there's no disputing that...by certain institutions. But to be fair there has been for about 3 years now. There's been certain institutions positioning themselves in the IQD. Sizable positions. "Would you say there's a lot more activity in 2019 that you ever seen before?" The IQD activity revved up this year, beginning of this year at an institutional level, significantly above the institutional level that I was engaged with on my IQD transactions. "In 2020 it started racing up?" Big-time.
4-11-2020 Intel Guru Frank26 Article Quote: "It's the first time in the financial history of Iraq that the credit rating IS entered among the countries of the world which reflected positivity mostly in the stability also in the yield levels.". I'm not making this up! ...this is the definition of a fire. It's the American dollar and the Iraqi dinar doing this together. They aren't doing it by themselves...
4-11-2020 Intel Guru Bruce [via WiserNow] ...President Trump – from what I understand wants this started – I mean for us...our exchanges...started by the 17th which is next Friday... The banker sources...are still in line for us to start with exchanges Tuesday or Wednesday - I’m not calling it - just giving you what I’m hearing...next Tues or Wed after Easter Sunday...
4-11-2020 Newshound Guru MilitiaMan Article quote: "...customs duties were zeroed, and the facilities granted by the Central Bank of Iraq related to the strengthening of balances..." On Thursday they "ZEROED THE CUSTOMS DUTIES". So customs now being ELECTRONIC and having Zeroed them out, would that not suggest they are ushering in the new dinar, as once they've zeroed out the old, they electronically can, will or have had calibrated the electronic system for the new changes necessary for to bring in the new dinar? It sure looks like it...
4-11-2020 Guest Guru Nathan ...I'm more than confident whatever this thing is. Whether it's the GCR. Whether it's an RV or RI or whether it's a closed shop event reserved for the financial elites...top 25 banks and certain central banks in the world. I'm still very much confident it will be finished by the end of May. In a sense that whatever this thing is some of it if not all of it will be public. That may take the form of people walking into their local Wells Fargo branch and converting their IQD or even their Vietnamese dong I don't know. I don't claim to know...I take real world data points from people I work with, people I transact with and I take this and it's so compartmentalized and some of the people who are literally at the coalface of this thing do not have a holistic overview of what's going on. They've been given a directive do this. You do that and why are we doing this? That's none of your business. As you Americans like to say, 'a need to know basis.' It really is that compartmentalized...
4-11-2020 Intel Guru Frank26 ...for them to come out and say we've got a new currency we're gonna introduce with a new rate that's powerful and we're that close to that happening...IMO there are 3 more announcement. 3 more issues...but I think it's gonna be coming out rather rapid-fire - a week. A month - rapid fire.
4-11-2020 Intel/Newshound Guru sandyf [IQD float now, devalue, then ride the tide back up...just a thought...] More than a thought, what the IMF would be looking for, some sort of 10 year plan. Ignore Kap's [Guru Kaperoni's] claim that "most currencies around the world already float so they are priced by supply and demand". Less than 50% of the world's currencies are on any kind of float, and most of those are on a "managed" float, certainly not "managed" by supply and demand.
4-11-2020 Newshound Guru Pimpy ...whatever it is [RV, RI, float etc] it's obviously getting ready to happen here real soon. It just seems that way...there's something happening with the IQD...there's a play on it. There's a lot of activity involved in this. We don't know what it is. We'll see over time where this goes and where this lands...
4-11-2020 Guest Guru Nathan ...whatever this thing is I'm not saying it's an RV. I'm not saying this is an RI. Whatever the play is on the IQD, and there is a play, there's no disputing that...by certain institutions. But to be fair there has been for about 3 years now. There's been certain institutions positioning themselves in the IQD. Sizable positions. "Would you say there's a lot more activity in 2019 that you ever seen before?" The IQD activity revved up this year, beginning of this year at an institutional level, significantly above the institutional level that I was engaged with on my IQD transactions. "In 2020 it started racing up?" Big-time.
4-11-2020 Intel Guru Frank26 Article Quote: "It's the first time in the financial history of Iraq that the credit rating IS entered among the countries of the world which reflected positivity mostly in the stability also in the yield levels.". I'm not making this up! ...this is the definition of a fire. It's the American dollar and the Iraqi dinar doing this together. They aren't doing it by themselves...
4-11-2020 Intel Guru Bruce [via WiserNow] ...President Trump – from what I understand wants this started – I mean for us...our exchanges...started by the 17th which is next Friday... The banker sources...are still in line for us to start with exchanges Tuesday or Wednesday - I’m not calling it - just giving you what I’m hearing...next Tues or Wed after Easter Sunday...
4-10-2020 Newshound Guru Pimpy Article: "TBI [Trade Bank of Iraq] announces capital increase to $3bn under new 3 year strategic vision" ...there's a 3 year plan they're talking about. Between 2020 and 2023...we are in 2020. The rate change we are anticipating will happen this year...I've talked to a lot of people that deal in exchanges. These people said there are very very rich people coming in and buying large amount and not just because they're rich and just because they have the money to buy large amounts does not immune them from being stupid...What does it mean? Who knows. Does it mean anything? It's hard to say. We just think it's interesting...But more importantly is the fact that there's large financial institutions that are making a play on the Iraqi dinar. We're trying to figure out what that means. It might not mean anything to the common Joe but who knows. We're about to find out...
4-10-2020 Newshound Guru Adam Montana Article: "After being assigned to form a government, Al-Kazemi makes three pledges to the people" Quote: "...As Kazmi, pledged that the work His government is to “solve crises and push the economy forward.” Let's go, al-Kazemi! I was eying the appointment of Zarfi a little suspiciously...it didn't seem like a permanent thing. Maybe this is a shell game situation... keep an eye on the ball, which shell is it under? Mahdi here, wait, Zarfi here, no wait! Kazemi KAZAMMI KABLAMMIE (insert RV!)!
4-10-2020 Guest Guru Nathan ...I spoke to a very very senior central banker and I asked him....look what's this going on with the IQD? I said I've run the numbers I can't see how any of this stacks up but there's obviously something going on. He said something to me that I found eye-opening...he said in real basic terms...if certain (I'm not going to name names) but he said if certain institution get together - Do essentially a 'frame agreement' and they say the IQD is worth 'this' and they all agree then he said 'Nathan, the IQD is worth that'...
4-10-2020 Intel Guru MarkZ I’ve talked to all of my contacts and there is no new news…we are still in a holding period. They believe that the earliest we would see anything is the 13th or 14th.
4-10-2020 Intel Guru Frank26 I think there's so much going on. It's exciting. It's incredible. And I'm very happy...Trump...took Iraq and divvied it up and it's all over this planet. A lot of countries are depending on the reinstatement of the Iraqi dinar let alone you as an individual...
4-10-2020 Newshound Guru Pimpy ...our boy Zafari has stepped aside to let Al-Kazemi take the charge on the PM...I have to believe Zafari only gave up the opportunity to be PM to this guy Kazemi only because they happen to be on the same page...there is a lot of support for this guy. Let's hope that this guy is legitimate and he's there for the purposes of the Iraqi people...
4-10-2020 Newshound Guru Jeff ...Iraq held two currency auctions this week... And they backdated them by three weeks...to Wednesday 3-18 and Thursday 3-19. Why did they have those two currency auctions? ...They pulled a fast one right under everyone and no one caught it. The reason why they only had 2 currency auctions IMO...What they did right before you was closed out their year-end fiscal year for the year of 2019. By them getting the books closed out it allows them to change the rate this weekend...
4-10-2020 Intel Guru Frank26 The CBI will replace the currency that they've got right now - Three zeros or the old and worn lower denoms...they have printed new currency. They say they did it already. They say they're going to coexist...I think this week we're going to really get a lot of powerful trickle down information. More and more and more is coming from the CBI...notice where it's all leading to a finale of the monetary reform...
4-10-2020 Newshound Guru Adam Montana Article: "After being assigned to form a government, Al-Kazemi makes three pledges to the people" Quote: "...As Kazmi, pledged that the work His government is to “solve crises and push the economy forward.” Let's go, al-Kazemi! I was eying the appointment of Zarfi a little suspiciously...it didn't seem like a permanent thing. Maybe this is a shell game situation... keep an eye on the ball, which shell is it under? Mahdi here, wait, Zarfi here, no wait! Kazemi KAZAMMI KABLAMMIE (insert RV!)!
4-10-2020 Guest Guru Nathan ...I spoke to a very very senior central banker and I asked him....look what's this going on with the IQD? I said I've run the numbers I can't see how any of this stacks up but there's obviously something going on. He said something to me that I found eye-opening...he said in real basic terms...if certain (I'm not going to name names) but he said if certain institution get together - Do essentially a 'frame agreement' and they say the IQD is worth 'this' and they all agree then he said 'Nathan, the IQD is worth that'...
4-10-2020 Intel Guru MarkZ I’ve talked to all of my contacts and there is no new news…we are still in a holding period. They believe that the earliest we would see anything is the 13th or 14th.
4-10-2020 Intel Guru Frank26 I think there's so much going on. It's exciting. It's incredible. And I'm very happy...Trump...took Iraq and divvied it up and it's all over this planet. A lot of countries are depending on the reinstatement of the Iraqi dinar let alone you as an individual...
4-10-2020 Newshound Guru Pimpy ...our boy Zafari has stepped aside to let Al-Kazemi take the charge on the PM...I have to believe Zafari only gave up the opportunity to be PM to this guy Kazemi only because they happen to be on the same page...there is a lot of support for this guy. Let's hope that this guy is legitimate and he's there for the purposes of the Iraqi people...
4-10-2020 Newshound Guru Jeff ...Iraq held two currency auctions this week... And they backdated them by three weeks...to Wednesday 3-18 and Thursday 3-19. Why did they have those two currency auctions? ...They pulled a fast one right under everyone and no one caught it. The reason why they only had 2 currency auctions IMO...What they did right before you was closed out their year-end fiscal year for the year of 2019. By them getting the books closed out it allows them to change the rate this weekend...
4-10-2020 Intel Guru Frank26 The CBI will replace the currency that they've got right now - Three zeros or the old and worn lower denoms...they have printed new currency. They say they did it already. They say they're going to coexist...I think this week we're going to really get a lot of powerful trickle down information. More and more and more is coming from the CBI...notice where it's all leading to a finale of the monetary reform...
4-9-2020 Guest Guru Nathan Question: "When you made the comment the RV is not going to happen overnight can you clarify what do you mean?" I don't know what's gonna happen. I don't even know if this thing constitutes an RV. All I know is that certain institutions see significant value up and above the current rate of the IQD published rate. They have paid a significant premium for IQD... [Post 2 of 2]
4-9-2020 Guest Guru Nathan I don't claim to have all the answers and I've been involved in this thing for a number of years so I know for a fact hence why I now hold IQD. I know there's a play for the IQD and there has been for a number of years because I've been in very very large IQD transactions between some very prominent international firms...every time I consummated a transaction when I did "ask" the lead...I was given 'we can't discuss that right now.' [Post 1 of 2....stay tuned]
4-9-2020 Intel Guru RayRen98 PM-Designate Al-Zarfi announced, on Thursday, that he is stepping down from forming the Iraqi government. Mustafa Al-Kazemi has now been chosen to become the next PM-Designate with a new set of 30 days to form his cabinet -- if he takes that long.
4-9-2020 Newshound Guru Jeff Iraq as of this week has had two more currency auctions. They had a very specific goal and tasks they needed to accomplish that only needed and required Iraq to have and hold two more currency auctions. Iraq has now accomplished that goal. They had no intentions of resuming them. They had a very specific end goal that only needed two more currency auctions. That tells you everything you need to know about the rate change...
4-9-2020 Intel Guru Frank26 ...Donald Trump is now injected into the monetary reform of the Iraqi dinar. Donald Trump is now supervising it in every step...this is super amazing...it's 100% hands-on...the CBI is no longer calling the shots of the monetary reform...Iran has lost its cash cow...
4-9-2020 Intel Guru MarkZ [via PDK] My bankers are still looking for this to happen the earliest on the 13th or 14th... [Any news on the Iraqi Prime Minister and cabinet?] I have said this a number of times…they are never going to be able to keep a government until they get their monetary reform. The people are suffering and their money is not worth crap. I honestly believe we are going to see the CBI and the new rate and then we will see a stable government.
4-9-2020 Newshound/Intel Guru Francis Albert I saw...a post from IMF wanting a gradual appreciation of the Iraqi Dinar, and thus the poster was dissing the whole idea of some "revaluation". Is he right or wrong? Both. What I believe is going to happen is the Dinar will go officially International on FOREX around $1.00 or so and then gradually go up from there. The rise will be contingent on supply and demand of traders betting it is going to go up or down....and the companies that will take Dinar as payment will drive up the value. [Reference Guru Kaperoni post 4-8-2020]
4-9-2020 Newshound Guru Pimpy call it an RI. Call it RV. I don't know what you want to call it. Whatever it is, there definitely something happening... there is a lot of play with the IQD...there's definitely a lot of action going on with this...I know an exchange person...and he's got a lot of very very rich people coming in buying very very large amounts of the Iraqi dinar. Now that doesn't mean they have inside information but he's just saying an unusual amount of rich people have started coming in and buying large amounts of IQD...
4-9-2020 Guest Guru Nathan ...Everyone I speak to in the channels that I have connections to from the banking side and finance side it's all about the IQD...I always refer to this thing as spec [speculation?]. I don't know. I don't purport to know what's going on. All I do know is for whatever reason and for some time now certain institution...see great significant value in the IQD...whatever this event is, whether it takes the form of an RV, RI, GCR whether in fact it's a public even or it's what I term it's a closed shop event where certain global institution who have got together and then they're striking a deal and somehow the IQD is seen as playing a role. How much of a role I still don't know. Is it a pivotal role I still don't know.
4-9-2020 Newshound Guru Kaperoni The IMF recommends that the CBI start.. “creating the conditions which would make possible a move to a more flexible exchange rate policy" (float). This would prepare them for a more “predictable and gradual appreciation of the nominal exchange rate.” We already know the plan is to float dinar based on the IMF statement above (gradual appreciation).
4-9-2020 Intel Guru Frank26 ...all of these meetings [Fab 4, CBI and MOF etc] in my opinion tie into one thing. The direction of the monetary reform of reinstatement. All these meeting or "this one meeting" is rather consistent now. It's almost turned into a lava flow of information for the citizens...it leads to only one thing - a change in their currency structure. These meetings are not the yellow brick road. It's the golden road for the citizens of Iraq to finally see something that is so unknown to them - purchasing power. The yellow brick road originates with the Central Bank of Iraq...this meeting is the only way to start the end...
4-9-2020 Guest Guru Nathan I don't claim to have all the answers and I've been involved in this thing for a number of years so I know for a fact hence why I now hold IQD. I know there's a play for the IQD and there has been for a number of years because I've been in very very large IQD transactions between some very prominent international firms...every time I consummated a transaction when I did "ask" the lead...I was given 'we can't discuss that right now.' [Post 1 of 2....stay tuned]
4-9-2020 Intel Guru RayRen98 PM-Designate Al-Zarfi announced, on Thursday, that he is stepping down from forming the Iraqi government. Mustafa Al-Kazemi has now been chosen to become the next PM-Designate with a new set of 30 days to form his cabinet -- if he takes that long.
4-9-2020 Newshound Guru Jeff Iraq as of this week has had two more currency auctions. They had a very specific goal and tasks they needed to accomplish that only needed and required Iraq to have and hold two more currency auctions. Iraq has now accomplished that goal. They had no intentions of resuming them. They had a very specific end goal that only needed two more currency auctions. That tells you everything you need to know about the rate change...
4-9-2020 Intel Guru Frank26 ...Donald Trump is now injected into the monetary reform of the Iraqi dinar. Donald Trump is now supervising it in every step...this is super amazing...it's 100% hands-on...the CBI is no longer calling the shots of the monetary reform...Iran has lost its cash cow...
4-9-2020 Intel Guru MarkZ [via PDK] My bankers are still looking for this to happen the earliest on the 13th or 14th... [Any news on the Iraqi Prime Minister and cabinet?] I have said this a number of times…they are never going to be able to keep a government until they get their monetary reform. The people are suffering and their money is not worth crap. I honestly believe we are going to see the CBI and the new rate and then we will see a stable government.
4-9-2020 Newshound/Intel Guru Francis Albert I saw...a post from IMF wanting a gradual appreciation of the Iraqi Dinar, and thus the poster was dissing the whole idea of some "revaluation". Is he right or wrong? Both. What I believe is going to happen is the Dinar will go officially International on FOREX around $1.00 or so and then gradually go up from there. The rise will be contingent on supply and demand of traders betting it is going to go up or down....and the companies that will take Dinar as payment will drive up the value. [Reference Guru Kaperoni post 4-8-2020]
4-9-2020 Newshound Guru Pimpy call it an RI. Call it RV. I don't know what you want to call it. Whatever it is, there definitely something happening... there is a lot of play with the IQD...there's definitely a lot of action going on with this...I know an exchange person...and he's got a lot of very very rich people coming in buying very very large amounts of the Iraqi dinar. Now that doesn't mean they have inside information but he's just saying an unusual amount of rich people have started coming in and buying large amounts of IQD...
4-9-2020 Guest Guru Nathan ...Everyone I speak to in the channels that I have connections to from the banking side and finance side it's all about the IQD...I always refer to this thing as spec [speculation?]. I don't know. I don't purport to know what's going on. All I do know is for whatever reason and for some time now certain institution...see great significant value in the IQD...whatever this event is, whether it takes the form of an RV, RI, GCR whether in fact it's a public even or it's what I term it's a closed shop event where certain global institution who have got together and then they're striking a deal and somehow the IQD is seen as playing a role. How much of a role I still don't know. Is it a pivotal role I still don't know.
4-9-2020 Newshound Guru Kaperoni The IMF recommends that the CBI start.. “creating the conditions which would make possible a move to a more flexible exchange rate policy" (float). This would prepare them for a more “predictable and gradual appreciation of the nominal exchange rate.” We already know the plan is to float dinar based on the IMF statement above (gradual appreciation).
4-9-2020 Intel Guru Frank26 ...all of these meetings [Fab 4, CBI and MOF etc] in my opinion tie into one thing. The direction of the monetary reform of reinstatement. All these meeting or "this one meeting" is rather consistent now. It's almost turned into a lava flow of information for the citizens...it leads to only one thing - a change in their currency structure. These meetings are not the yellow brick road. It's the golden road for the citizens of Iraq to finally see something that is so unknown to them - purchasing power. The yellow brick road originates with the Central Bank of Iraq...this meeting is the only way to start the end...
4-8-2020 *** Dinar Guru Update *** The CBI official market rate for the dinar has not been updated since 3-16-2020 - The last reported market rate is 1203.455. Several gurus have mentioned the market rate has increased (which means the value has gone down) in certain Iraqi markets. We're waiting to see what the CBI reports when they officially update. You can always see the official Central Bank of Iraq rates on the left side of this page...
4-8-2020 Intel Guru Bruce [via WiserNow] ...we’re funneling information in from a number of different sources...all we can do is literally wait and stay positive because we know we’re in the zone for this to come out...We are in that period of time where we really do expect this to come forward pretty quickly – I have no idea of anything that would have to drag way beyond where we are now in this time frame of around Easter – I am excited about where we are I ‘m just a little unsure of course when our start time is going to be – you see a lot of things out there...We will see how all of this unfolds before – during and after Easter...
4-8-2020 Newshound Guru Vital Brad It's a rally exciting time right now...I've been reporting on this for the last four years, been following It for the last ten years and what's happening and what I think is expected to happen this week is absolutely incredible. I never put a date on what's going on. I've never put a rate on what I think the Iraqi dinar is going to revalue at...But this Easter weekend is something to really be paying attention to...I'm a holder of Iraqi dinar...it's going to be a currency that revalues at a much higher rate than it is currently at right now. I will be able to take the Iraqi dinar notes that I have and I believe it's going to be a higher value...you've got to be paying attention to what's happening...
4-8-2020 Guest Guru Nathan ...I actually do know people in the CBI...I went to school in the Middle East...a number of my school friends are now in prominent positions in Iraq and two of which are quite high up in the CBI...the auctions started a couple days ago...the purpose of the auctions is to supply US dollars into the Iraqi economy...the majority of the dollars provided to the CBI are in digital format because the CBI receives its dollars from oil sales...I've been to the CBI auctions. Very rarely does the CBI actually supply the physical USD currency for the auctions...the CBI auction's main priority has been to distribute the digital US dollars into the Iraqi economy...I would expect the actual cash physical currency...auction within the next few days/couple of weeks...I don't know that for sure. It's an educated guess...
4-8-2020 Intel Guru Delta ...in my personal opinion for the CBI not to care about the exchange rate in the market...about 1300...gives you an indication that they're about to announce it to the world that they are article 8 officially and in order for them to do this they have to show the true rate. That's why in my opinion they're not giving cash anymore...and number 2 is they're about to raise the value then the MPC isn't going to matter any more. And the 2% compliance is not going to affect them anymore...in my speculations only this [The RI rate change] could happen at any moment. That's why I'm only watching the Central Bank of Iraq...He's [Allaq] is about to pull the trigger.
4-8-2020 Intel Guru Frank26 ...Allaq has been telling the citizens, 'We are in the process of dealing with the exchange rate of the Iraqi dinar. And we are in the process of dealing with the dollar in a different way in our auctions.' Everything else I don't pay any attention to it. Everything else? Misinterpretation...I'm seeing today's auction as an auction without any cash. Which means nothing has changed. Status quo. Everything is still the same. The auctions have stopped.
4-8-2020 Intel Guru MarkZ [via PDK] ...Everybody is in a waiting pattern for late in the weekend or very early into next week with great expectations…I think Iraq will quickly come up to speed …everything should go into place once they have a stable currency …the government ect…
4-8-2020 Newshound Guru Jeff The articles that came out telling us that they were going to continue and resume the currency auction are BS...on Monday of this week I showed you an article that said the CBI's goal was to stop the flow of the US dollar and that's what the auction are - the US dollar...they don't have any auctions that have occurred past March 19th...They could resume the auctions after the rate change but as of right now the auctions are shut down...That's one of the things that we needed to see stopped as a preparation for the rate change. That's why we're putting a focus and emphasis on this...the ISX stock trading and the currency auction are stopped. We're looking really good...
4-8-2020 Newshound Guru Pimpy ...we see the auctions have already happened and already you guys are losing your freaking minds over it...but it's clearly an auction. What's gonna happen if the ISX opens and there's no rate change? All doom and gloom and negativity that's gonna be overwhelming everybody. Why?...the currency auctions have started there's no doubt about it...it's doesn't mean it's the end of the world. It doesn't mean that the rate is not going to change. I still think it's going to change...
4-8-2020 Intel Guru MarkZ ...the good thing is they are enforcing the necessity for a reset. We will get our reset people!!! I believe Trump is working on it…he is a gold bug working with a messed up system and trying to keep it propped up until the reset is ready. [There was a rumor out from Isaac that no RV until November now….] No way…no part of me thinks we will be waiting until November...
4-8-2020 Newshound Guru Jeff Article: "The Finance Committee comments on the Central Banks' decision to stop the flow of the dollar" ...the Central Banks goal is really to stop the flow of the U.S. dollar. That's their goal. Remember that's actually an article VIII requirement - they can only use the Iraq dinar.
4-8-2020 Newshound Guru Vital Brad It's a rally exciting time right now...I've been reporting on this for the last four years, been following It for the last ten years and what's happening and what I think is expected to happen this week is absolutely incredible. I never put a date on what's going on. I've never put a rate on what I think the Iraqi dinar is going to revalue at...But this Easter weekend is something to really be paying attention to...I'm a holder of Iraqi dinar...it's going to be a currency that revalues at a much higher rate than it is currently at right now. I will be able to take the Iraqi dinar notes that I have and I believe it's going to be a higher value...you've got to be paying attention to what's happening...
4-8-2020 Guest Guru Nathan ...I actually do know people in the CBI...I went to school in the Middle East...a number of my school friends are now in prominent positions in Iraq and two of which are quite high up in the CBI...the auctions started a couple days ago...the purpose of the auctions is to supply US dollars into the Iraqi economy...the majority of the dollars provided to the CBI are in digital format because the CBI receives its dollars from oil sales...I've been to the CBI auctions. Very rarely does the CBI actually supply the physical USD currency for the auctions...the CBI auction's main priority has been to distribute the digital US dollars into the Iraqi economy...I would expect the actual cash physical currency...auction within the next few days/couple of weeks...I don't know that for sure. It's an educated guess...
4-8-2020 Intel Guru Delta ...in my personal opinion for the CBI not to care about the exchange rate in the market...about 1300...gives you an indication that they're about to announce it to the world that they are article 8 officially and in order for them to do this they have to show the true rate. That's why in my opinion they're not giving cash anymore...and number 2 is they're about to raise the value then the MPC isn't going to matter any more. And the 2% compliance is not going to affect them anymore...in my speculations only this [The RI rate change] could happen at any moment. That's why I'm only watching the Central Bank of Iraq...He's [Allaq] is about to pull the trigger.
4-8-2020 Intel Guru Frank26 ...Allaq has been telling the citizens, 'We are in the process of dealing with the exchange rate of the Iraqi dinar. And we are in the process of dealing with the dollar in a different way in our auctions.' Everything else I don't pay any attention to it. Everything else? Misinterpretation...I'm seeing today's auction as an auction without any cash. Which means nothing has changed. Status quo. Everything is still the same. The auctions have stopped.
4-8-2020 Intel Guru MarkZ [via PDK] ...Everybody is in a waiting pattern for late in the weekend or very early into next week with great expectations…I think Iraq will quickly come up to speed …everything should go into place once they have a stable currency …the government ect…
4-8-2020 Newshound Guru Jeff The articles that came out telling us that they were going to continue and resume the currency auction are BS...on Monday of this week I showed you an article that said the CBI's goal was to stop the flow of the US dollar and that's what the auction are - the US dollar...they don't have any auctions that have occurred past March 19th...They could resume the auctions after the rate change but as of right now the auctions are shut down...That's one of the things that we needed to see stopped as a preparation for the rate change. That's why we're putting a focus and emphasis on this...the ISX stock trading and the currency auction are stopped. We're looking really good...
4-8-2020 Newshound Guru Pimpy ...we see the auctions have already happened and already you guys are losing your freaking minds over it...but it's clearly an auction. What's gonna happen if the ISX opens and there's no rate change? All doom and gloom and negativity that's gonna be overwhelming everybody. Why?...the currency auctions have started there's no doubt about it...it's doesn't mean it's the end of the world. It doesn't mean that the rate is not going to change. I still think it's going to change...
4-8-2020 Intel Guru MarkZ ...the good thing is they are enforcing the necessity for a reset. We will get our reset people!!! I believe Trump is working on it…he is a gold bug working with a messed up system and trying to keep it propped up until the reset is ready. [There was a rumor out from Isaac that no RV until November now….] No way…no part of me thinks we will be waiting until November...
4-8-2020 Newshound Guru Jeff Article: "The Finance Committee comments on the Central Banks' decision to stop the flow of the dollar" ...the Central Banks goal is really to stop the flow of the U.S. dollar. That's their goal. Remember that's actually an article VIII requirement - they can only use the Iraq dinar.
4-7-2020 Newshound/Intel Guru Mnt Goat Article: "WASHINGTON INTENDS TO MONITOR THE CENTRAL BANK OF IRAQ UNDER SUPERVISION FOR ITS INVOLVEMENT IN WITHDRAWING THE DOLLAR ILLEGALLY" As we all know the CBI stopped selling the dollar at the currency auctions on around March 17th. So just recently they began the auctions again. They were forced to shut down due the illegal sales of the dollar to Iran that circumvented the US sanctions. A team of US specialists entered Iraq and worked with the CBI to find ways around the corruption. Now that these measures are in place, the auctions were restarted. This monitoring process will continue. The CBI must get within the 2% compliance again.
4-7-2020 Newshound Guru Jeff After the rate changes...I've already talked to Wells Fargo private client services privately...Private Client Services is not a bank branch they're a division of Wells Fargo that actually invest money for you. They said depending on the amount of dinar you have they can actually exchange foreign currency at a lower price and lower fees and rates than the actual bank branches can. We're finding out that bank branches are probably gonna do it about 1-ish% based on the amount of dinar you actually have...might be able to get reduced fees around 1/2 a percent on exchange...
4-7-2020 Intel Guru Frank26 ...the Central Bank of Iraq is telling their banks to start retaining more dinars and don't use as many American dollars. These are choice words... Why? Because the CBI was told to do this too...they will change the auction format because they can't keep pumping high volumes of dollars into their market...the auctions are coming back soon. This time they will come back to serve the economy of Iraq...
4-7-2020 Newshound Guru MilitiaMan Article: "The Trade Bank of Iraq issues an explanation regarding the work of ATMs" Quote: "The bank said in a statement, "All ATMs continue to operate around the clock in Baghdad and the provinces." Timing of this one with the talk of a new Mechanism for electronic account balances... I'll bet they will be reflecting the new currency too in short order...imo.
4-7-2020 Intel Guru MarkZ ...I am hearing this from all my banking contacts and paymasters are looking for something to happen over this Easter weekend. To be in place by the 14th. They are all being very consistent now. I am hearing the delay has honestly been logistics with the CV19. They don’t have the people in place to exchange us…people can’t travel… [So they are kicking the can again?] No way do I believe they are kicking any cans …I think it is a mad dash to coordinate logistics and to get it out...
4-7-2020 Newshound Guru Pimpy Article quote "Zarfi pledged elections within a year of forming his cabinet and vowed to respond to the demands of the protestors." Dude I'm really pumped about this...what do you think one of those needs are? ...one of the protestors said he is upset that of the fact that he has 250 dinars in his pocket and it's not even worth a quarter. That to me sounds like somebody who's looking for more purchasing power...
4-7-2020 Newshound Guru Jeff ...yesterday Monday they did not have a currency auction. Today looks just like Sunday. Today they're showing us they had a currency auction but again just like Sunday the total cash sale is zero. They haven't sold anything this whole week. BOOM! We're looking good. We're right on to see a blessing this weekend...the ISX stock exchange..say the last update was March 16 so again they have not had any actual stock trading since March 16th and so far they technically have not sold anything at the auctions really since 3-16 either...looking good. I'm excited.
4-7-2020 Intel Guru Footforward ...I'm wanting to encourage people not to give up. It's my opinion the RV is close. It's my opinion the finish line is not far away. Finish well. That's the point I'm trying to make.
4-7-2020 Newshound Guru Jeff After the rate changes...I've already talked to Wells Fargo private client services privately...Private Client Services is not a bank branch they're a division of Wells Fargo that actually invest money for you. They said depending on the amount of dinar you have they can actually exchange foreign currency at a lower price and lower fees and rates than the actual bank branches can. We're finding out that bank branches are probably gonna do it about 1-ish% based on the amount of dinar you actually have...might be able to get reduced fees around 1/2 a percent on exchange...
4-7-2020 Intel Guru Frank26 ...the Central Bank of Iraq is telling their banks to start retaining more dinars and don't use as many American dollars. These are choice words... Why? Because the CBI was told to do this too...they will change the auction format because they can't keep pumping high volumes of dollars into their market...the auctions are coming back soon. This time they will come back to serve the economy of Iraq...
4-7-2020 Newshound Guru MilitiaMan Article: "The Trade Bank of Iraq issues an explanation regarding the work of ATMs" Quote: "The bank said in a statement, "All ATMs continue to operate around the clock in Baghdad and the provinces." Timing of this one with the talk of a new Mechanism for electronic account balances... I'll bet they will be reflecting the new currency too in short order...imo.
4-7-2020 Intel Guru MarkZ ...I am hearing this from all my banking contacts and paymasters are looking for something to happen over this Easter weekend. To be in place by the 14th. They are all being very consistent now. I am hearing the delay has honestly been logistics with the CV19. They don’t have the people in place to exchange us…people can’t travel… [So they are kicking the can again?] No way do I believe they are kicking any cans …I think it is a mad dash to coordinate logistics and to get it out...
4-7-2020 Newshound Guru Pimpy Article quote "Zarfi pledged elections within a year of forming his cabinet and vowed to respond to the demands of the protestors." Dude I'm really pumped about this...what do you think one of those needs are? ...one of the protestors said he is upset that of the fact that he has 250 dinars in his pocket and it's not even worth a quarter. That to me sounds like somebody who's looking for more purchasing power...
4-7-2020 Newshound Guru Jeff ...yesterday Monday they did not have a currency auction. Today looks just like Sunday. Today they're showing us they had a currency auction but again just like Sunday the total cash sale is zero. They haven't sold anything this whole week. BOOM! We're looking good. We're right on to see a blessing this weekend...the ISX stock exchange..say the last update was March 16 so again they have not had any actual stock trading since March 16th and so far they technically have not sold anything at the auctions really since 3-16 either...looking good. I'm excited.
4-7-2020 Intel Guru Footforward ...I'm wanting to encourage people not to give up. It's my opinion the RV is close. It's my opinion the finish line is not far away. Finish well. That's the point I'm trying to make.
4-6-2020 Newshound Guru MilitiaMan Article quote: "In the context of the corona crisis and its associated cash crisis, a new currency-foreign exchange mechanism or tool should be adopted to support the banking and banking sector, as the central bank of Iraq has stopped selling the dollar in cash to the exchange companies through Banks...and then they make payments according to the customer's desire, either in cash or in the account balances of electronic cards to the public..." This sure looks like the MEETING went well today. They are talking about the NEW CURRENCY! A MECHANISM to support the Banking Sector that will be facilitated by use for electronic cards... Wow, things are moving along now very nicely! imo.
4-6-2020 Intel Guru Frank26 ...IMO the introduction of the new small category notes will be with a fixed rate - regardless if it's pegged to a basket with another currency or regardless if it's pegged to the American dollar...I see 1 to 1 in the country. But then when the dinar is established enough internally and has permeated the banking structure and the markets of the world...then you're going to see confidence being built in the Iraqi dinar...then you're going to see stability for the Iraqi dinar internationally...
4-6-2020 Intel Guru RayRen98 ...News saying after long delay, China is preparing to close the "deal of the century" on oil with Iraq next week. The auctions started back...after being down since March 17...selling dollars only. News ticker on Iraqi TV broadcasts Al Zarfi saying that his government is ready and will be presented to Parliament within 48 hours.
4-6-2020 Newshound Guru Jeff ...Iraq can produce oil at about $10.70 per barrel. Back in 2016 it only cost Iraq about $11 a barrel to create it...just yesterday [Friday] Brent oil which is what Iraq works on...was already at $34 a barrel..they only need $44 to really fund the country...they only need oil about $45 to $50 a barrel to really fund their costs and obligation to run the country...
4-6-2020 Intel Guru MarkZ [via PDK] I’ve talked to the folks in Europe and Aisia…My bankers at this point are looking at mid April…All my banker contacts are looking at after Easter Weekend. The people I know at redemption centers...are busy putting in protocols for safety right now. I do not think you will be swabbed at the exchange. They are putting in sneeze guards and stuff like that which I think is a positive sign they are getting ready for us… Big stuff over the weekend in Iraq...pay attention to world events....this is going REAL FAST...there has been a lot of good news guys, world leaders have openly talked about the reset…even my local bankers have talked about the reset…it’s becoming a main street conversation which is huge. …we all just need to wait it out and watch the show…it’s happening.
4-6-2020 Newshound Guru Chattels The current premier-designate has until April 16 to form the next cabinet and be approved by the majority of the parliament – or face a similar fate as Allawi, who failed to get his cabinet of independent technocrats approved after rebellion from Sunni, Kurdish, and some Shiite parties. We shall see...
4-6-2020 Newshound Guru Pimpy Yes, the currency auctions are open. Yes there was an auction today. They did not sell any physical cash but they did sell digital cash. So the currency auctions are open... [Reference Guru Jeff's 4-6-2020 post]
4-6-2020 Newshound Guru Jeff ...even though they told you in the news that they actually have resumed the currency auctions they didn't sell anything. There were zero sales. That's the same as not having currency auctions...
4-6-2020 Newshound Guru Jeff Article "Al-Zarfi reveals the date of the parliamentary to vote on the new government" ...that will be approximately Wednesday to Thursday of this week we're entering into now.
4-6-2020 Newshound/Intel Guru BGG [Reference Mike Cottrell post 4-3-2020: "As far as Exchange protocols have always been to have a DeLarue machine verify each currency. I assume it would still be a sanitary way to do it with minimal contact"] ...None of this is accurate. The De La Rue machine is not an automated authentication protocol. Anyone saying it is – or speaking as an “authority” on the subject is making it up as they go. It is a high end counter and “screening device” – IT DOES NOT AUTHENTICATE ANYTHING. I have spoken to the engineers who designed it (in London) on a number of occasions. This was their description directly to me. Had it been the device everyone is claiming – I would have bought (or leased) one. It is not.
4-6-2020 Intel Guru Frank26 ...IMO the introduction of the new small category notes will be with a fixed rate - regardless if it's pegged to a basket with another currency or regardless if it's pegged to the American dollar...I see 1 to 1 in the country. But then when the dinar is established enough internally and has permeated the banking structure and the markets of the world...then you're going to see confidence being built in the Iraqi dinar...then you're going to see stability for the Iraqi dinar internationally...
4-6-2020 Intel Guru RayRen98 ...News saying after long delay, China is preparing to close the "deal of the century" on oil with Iraq next week. The auctions started back...after being down since March 17...selling dollars only. News ticker on Iraqi TV broadcasts Al Zarfi saying that his government is ready and will be presented to Parliament within 48 hours.
4-6-2020 Newshound Guru Jeff ...Iraq can produce oil at about $10.70 per barrel. Back in 2016 it only cost Iraq about $11 a barrel to create it...just yesterday [Friday] Brent oil which is what Iraq works on...was already at $34 a barrel..they only need $44 to really fund the country...they only need oil about $45 to $50 a barrel to really fund their costs and obligation to run the country...
4-6-2020 Intel Guru MarkZ [via PDK] I’ve talked to the folks in Europe and Aisia…My bankers at this point are looking at mid April…All my banker contacts are looking at after Easter Weekend. The people I know at redemption centers...are busy putting in protocols for safety right now. I do not think you will be swabbed at the exchange. They are putting in sneeze guards and stuff like that which I think is a positive sign they are getting ready for us… Big stuff over the weekend in Iraq...pay attention to world events....this is going REAL FAST...there has been a lot of good news guys, world leaders have openly talked about the reset…even my local bankers have talked about the reset…it’s becoming a main street conversation which is huge. …we all just need to wait it out and watch the show…it’s happening.
4-6-2020 Newshound Guru Chattels The current premier-designate has until April 16 to form the next cabinet and be approved by the majority of the parliament – or face a similar fate as Allawi, who failed to get his cabinet of independent technocrats approved after rebellion from Sunni, Kurdish, and some Shiite parties. We shall see...
4-6-2020 Newshound Guru Pimpy Yes, the currency auctions are open. Yes there was an auction today. They did not sell any physical cash but they did sell digital cash. So the currency auctions are open... [Reference Guru Jeff's 4-6-2020 post]
4-6-2020 Newshound Guru Jeff ...even though they told you in the news that they actually have resumed the currency auctions they didn't sell anything. There were zero sales. That's the same as not having currency auctions...
4-6-2020 Newshound Guru Jeff Article "Al-Zarfi reveals the date of the parliamentary to vote on the new government" ...that will be approximately Wednesday to Thursday of this week we're entering into now.
4-6-2020 Newshound/Intel Guru BGG [Reference Mike Cottrell post 4-3-2020: "As far as Exchange protocols have always been to have a DeLarue machine verify each currency. I assume it would still be a sanitary way to do it with minimal contact"] ...None of this is accurate. The De La Rue machine is not an automated authentication protocol. Anyone saying it is – or speaking as an “authority” on the subject is making it up as they go. It is a high end counter and “screening device” – IT DOES NOT AUTHENTICATE ANYTHING. I have spoken to the engineers who designed it (in London) on a number of occasions. This was their description directly to me. Had it been the device everyone is claiming – I would have bought (or leased) one. It is not.
4-5-2020 Newshound/Intel Guru Walkingstick [via Frank26] We told you the CBI would explain the reasons for the currency exchange rate change and the changing of the auctions with the American dollar. That is exactly what they're doing...we thought two days to see this instead we see the urgency to accomplish these two important crucial steps in the monetary reform in the unstoppable lava flow...things are happening at the speed of light. These meetings are now dealing with these two powerful subjects that we only have dreamed about that they would talk about let alone talk to the citizens about. And they're happening fast..
4-5-2020 Newshound Guru Jeff IMO I think that they're now entering into week 4 for the RI rate change process...and I've told you that I felt through faith that I sensed that the rate would change approximately Easter Sunday April 12th. Notice how the week we're entering into Iraq magically has the cabinet lineup for votes. The timing...it's so perfect it's not coincidence...they made it unfold just like a soap opera. So magically perfect...they're telling you they're gonna finish the formation of the government this week. Then they'll change the rate next weekend. Then right after the rate changes parliament will be ready to start the approval process of the budget sometime around the second half of April. That's not coincidence. That's all strategically planned.
4-5-2020 Intel/Newshound Guru tman23 ...There is economic calamity and it is world wide . That being said, IMF released a statement saying it will be worse than 12 years ago. Buckle crew, looks like a global reset could be reality and that is the only dinar savior. Never bought into the reset but it’s sure looking that it’s on the table and very likely... we are going to find out shortly because it’s really very soon or NEVER.
4-5-2020 Intel Guru Frank26 Article 1: "Central Bank: The dollar appreciation will end this week". Article 2: "Central Bank Information: The rise in the dollar exchange rate will end this week" ...I don't know whether to cry or to cry. Really?! If it ends then you gotta raise the value of your currency. And it tells you that's what they're doing...it's so powerful. Quote "We're to use 75% in dollars and 25% in dinars." ...they were using 100% of the dollar and now its only 75% of it. Guess what it'll be next week...IMO the new small category notes and the coins is in the pipeline...it might be upon us very quickly...
4-5-2020 Newshound/Intel Guru Walkingstick [via Guru Frank26] ...we told you they would continue the education of the monetary reform to the citizens... And the CBI now today explains the reasons of the change in their currency exchange rate...these meetings are still going on. The two criteria are the auctions to stop and change how they use the American dollar and their currency exchange rate against the American dollar. These are the topics of discussion going on right now...this meeting started earlier today [Saturday]... They're talking about the IQD. The powerhouses are talking about the monetary reform in a series of chronological events. They're having a powwow so they can tell the citizens...this whole thing is ongoing. It's hot...this thing is moving fast for a reason.
4-5-2020 Newshound Guru Pimpy ...the more I read these articles the more apparent it looks like they're heading possibly to civil war. There's a lot of threats going on. We know that Trump has a new approach to Iraq that is they want them to put their big-boy pants on and want them to kick the training wheels off and they wanted to start doing away with these Iran backed militia groups. As a matter of fact Trump has put together a task force to go in there and start removing them...as far as the dinar is concerned it's going to happen sooner or later. I know a lot of us want it to happen very soon and that's still a high probability...I anticipate Iraq to really really grow into who we think they should be and that is one of the wealthiest nations in the world...
4-5-2020 Newshound Guru Jeff Article "Central Bank: The dollar's appreciation will end this week" ...they're basically saying during the current week they're gonna try to implement some steps to reduce the high exchange rate or high value of the U.S. dollar. They're telling you roughly somewhere during next week or even within a week that they're trying to... devalue the dollar within the country of Iraq... [Thursday's Article said] they're basically saying around the next official holiday Iraq will increase their exchange rate...this article is telling you the same thing. That within about a week they're gonna curb the value of the dollar and reduce it. You've got two articles telling you the same thing from two different angles...that's amazing information.
4-5-2020 Newshound Guru Kaperoni Progress appears to be made on formalizing the new government and prime minister. A vote seems likely next week.
4-5-2020 Newshound Guru Jeff IMO I think that they're now entering into week 4 for the RI rate change process...and I've told you that I felt through faith that I sensed that the rate would change approximately Easter Sunday April 12th. Notice how the week we're entering into Iraq magically has the cabinet lineup for votes. The timing...it's so perfect it's not coincidence...they made it unfold just like a soap opera. So magically perfect...they're telling you they're gonna finish the formation of the government this week. Then they'll change the rate next weekend. Then right after the rate changes parliament will be ready to start the approval process of the budget sometime around the second half of April. That's not coincidence. That's all strategically planned.
4-5-2020 Intel/Newshound Guru tman23 ...There is economic calamity and it is world wide . That being said, IMF released a statement saying it will be worse than 12 years ago. Buckle crew, looks like a global reset could be reality and that is the only dinar savior. Never bought into the reset but it’s sure looking that it’s on the table and very likely... we are going to find out shortly because it’s really very soon or NEVER.
4-5-2020 Intel Guru Frank26 Article 1: "Central Bank: The dollar appreciation will end this week". Article 2: "Central Bank Information: The rise in the dollar exchange rate will end this week" ...I don't know whether to cry or to cry. Really?! If it ends then you gotta raise the value of your currency. And it tells you that's what they're doing...it's so powerful. Quote "We're to use 75% in dollars and 25% in dinars." ...they were using 100% of the dollar and now its only 75% of it. Guess what it'll be next week...IMO the new small category notes and the coins is in the pipeline...it might be upon us very quickly...
4-5-2020 Newshound/Intel Guru Walkingstick [via Guru Frank26] ...we told you they would continue the education of the monetary reform to the citizens... And the CBI now today explains the reasons of the change in their currency exchange rate...these meetings are still going on. The two criteria are the auctions to stop and change how they use the American dollar and their currency exchange rate against the American dollar. These are the topics of discussion going on right now...this meeting started earlier today [Saturday]... They're talking about the IQD. The powerhouses are talking about the monetary reform in a series of chronological events. They're having a powwow so they can tell the citizens...this whole thing is ongoing. It's hot...this thing is moving fast for a reason.
4-5-2020 Newshound Guru Pimpy ...the more I read these articles the more apparent it looks like they're heading possibly to civil war. There's a lot of threats going on. We know that Trump has a new approach to Iraq that is they want them to put their big-boy pants on and want them to kick the training wheels off and they wanted to start doing away with these Iran backed militia groups. As a matter of fact Trump has put together a task force to go in there and start removing them...as far as the dinar is concerned it's going to happen sooner or later. I know a lot of us want it to happen very soon and that's still a high probability...I anticipate Iraq to really really grow into who we think they should be and that is one of the wealthiest nations in the world...
4-5-2020 Newshound Guru Jeff Article "Central Bank: The dollar's appreciation will end this week" ...they're basically saying during the current week they're gonna try to implement some steps to reduce the high exchange rate or high value of the U.S. dollar. They're telling you roughly somewhere during next week or even within a week that they're trying to... devalue the dollar within the country of Iraq... [Thursday's Article said] they're basically saying around the next official holiday Iraq will increase their exchange rate...this article is telling you the same thing. That within about a week they're gonna curb the value of the dollar and reduce it. You've got two articles telling you the same thing from two different angles...that's amazing information.
4-5-2020 Newshound Guru Kaperoni Progress appears to be made on formalizing the new government and prime minister. A vote seems likely next week.
4-4-2020 Newshound Guru Pimpy ...what this guy is saying is that the value of the dollar is strong against the dinar. They need to do something about that...We all know if they float the dinar that's based on supply and demand. We all know there's a lot of people that want to buy dinar...So what they need to do is lower the value of the US dollar...How are they gonna do that? By floating the dinar and allowing the rate to increase. Go ahead, do the pee-pee dance! It looks like a lot of this is lining up...quote "floating the dinar to fill part of the state's budget deficit is impossible. But it may be in harmony with the current situation to compensate for the shortfall of the oil revenues." They're saying look we need to do something to fill in the budget gap because of the shortfalls of the oil. And how do you do that? ...They need to increase the rate...we might be at the doorstep. Finally people! Let's not get overly excited. But it's starting to look really really good... [Post 2 of 2]
4-4-2020 Newshound Guru Pimpy Article "...the economic adviser to the Iraq Prime Minister Salih...the process of increasing the foreign exchange rate of the Iraqi dinar always occurs during the official holidays. This is a natural and expected thing due to the current conditions..." What are they talking about? They're talking about changing rate after the curfew. After the crisis...Is the rate change ready to happen? Is there any other articles out there that support this? Yes there is! Article quote "The Finance Committee comments on Friday the central bank's decision to stop the dollar from flowing into the market with the aim of floating the dinar and reducing its value in order to fill parts of the budget deficit and the needs of the government." What does it want to do? It wants to lower the value of the dollar by floating the dinar... [Post 1 of 2....stay tuned]
4-4-2020 Newshound Guru Chattels Mahdi has "stepped away" but he has not "left his post", It is a curious constitutional posture from what I understand. Zarfi's government, people and policy program, are arguably dead on arrival. Both Ameri and Maliki oppose him. The Kurds have said that they will not support any PM designate without a Shia consensus favoring that candidate. While I put my money on an increase in value of the dinar, I must allow for the probability that Mahdi will stay until elections in 2022 if the/any government survives.
4-4-2020 Newshound/Intel Guru RVAlready I think CBI has been consistently trying to make the RV happen. On the other hand, since they are signatories to the GCR, once the price of oil goes back up, I think the UN will force the RV, independent of what Iraq is saying. I think the world has had enough of Iraq politics. And the UN will tell them all when to react.
4-4-2020 Newshound Guru Pimpy Article: "Al-Zarfi challenges the Shiite force and requests an appointment for the confidence session." This guy is ready to get in there..."the Prime Minister designate Zarfi said Friday that he will present his government program to parliament tomorrow Saturday with the request to set the date for the session to give confidence to his government..." I feel like finally we're gonna get what we want and that is a prime minister in there with his government...he has a really good relationship with America and the Trump Administration. And this guy is not a fan of Iran...Iraq is starting to look like it's stabilizing a little bit. With this new PM going in there. With this new government going in there. And Trump going in there removing the influence and the grip of the Iranian people. Let's just hope it's time...
4-4-2020 Newshound Guru Kaperoni We know from past history that when the exchange rate gets out of whack it takes many months to get it back in line using the traditional auction. So the CBI statement today is very interesting. The CBI announced today that this weak dinar will change soon. And at the same time a member of parliament today stated that they stopped the auctions in preparation to float. Though none of this is definitive it is very interesting and the pieces sound compelling that they may be going to float in very short order. But we'll just have to wait and see... [post 2 of 2]
4-4-2020 Newshound Guru Kaperoni A couple of weeks ago A member of parliament came out in two articles that the central bank was about to float the currency. We never heard anything further other than those two articles. Last week the Central Bank of Iraq announced that they were going to stop the auctions temporarily. This is had a negative effect on the dinar market rate as it provides a balance between dinars and dollars as well as providing a source of dollars to pay for foreign imports. As of today the market rate in Iraq has dropped to 1260 to $1. This is a direct result of a lack of dollars available in the marketplace. [post 1 of 2....stay tuned] [The CBI official market rate for Iraq has not been updated since 3-16-2020 - You can always see the official Central Bank of Iraq rates on the left side of this page.]
4-4-2020 Intel/Newshound Guru tman23 What a worldwide conundrum! So what has a better chance of happening in the future 1) Iraq opens their market economy 2) there is a global reset of debt and currency values. Personally I tend to believe #2 is in play as a real possibility. And if a reset on world economies came about, it would affect #1 and their currency value ... But waiting for Iraq to reach an open market economy with poor infrastructure and poor skilled labor pools with poor work ethics being the lynch pin to gain value to the currency along with a stable government... if that’s what Kap [Guru Kaperoni] is waiting on and follows 24/7...one word with a proven history proves it will never happen that way ...that word is IRAQ!!
4-4-2020 Newshound Guru Pimpy Article "...the economic adviser to the Iraq Prime Minister Salih...the process of increasing the foreign exchange rate of the Iraqi dinar always occurs during the official holidays. This is a natural and expected thing due to the current conditions..." What are they talking about? They're talking about changing rate after the curfew. After the crisis...Is the rate change ready to happen? Is there any other articles out there that support this? Yes there is! Article quote "The Finance Committee comments on Friday the central bank's decision to stop the dollar from flowing into the market with the aim of floating the dinar and reducing its value in order to fill parts of the budget deficit and the needs of the government." What does it want to do? It wants to lower the value of the dollar by floating the dinar... [Post 1 of 2....stay tuned]
4-4-2020 Newshound Guru Chattels Mahdi has "stepped away" but he has not "left his post", It is a curious constitutional posture from what I understand. Zarfi's government, people and policy program, are arguably dead on arrival. Both Ameri and Maliki oppose him. The Kurds have said that they will not support any PM designate without a Shia consensus favoring that candidate. While I put my money on an increase in value of the dinar, I must allow for the probability that Mahdi will stay until elections in 2022 if the/any government survives.
4-4-2020 Newshound/Intel Guru RVAlready I think CBI has been consistently trying to make the RV happen. On the other hand, since they are signatories to the GCR, once the price of oil goes back up, I think the UN will force the RV, independent of what Iraq is saying. I think the world has had enough of Iraq politics. And the UN will tell them all when to react.
4-4-2020 Newshound Guru Pimpy Article: "Al-Zarfi challenges the Shiite force and requests an appointment for the confidence session." This guy is ready to get in there..."the Prime Minister designate Zarfi said Friday that he will present his government program to parliament tomorrow Saturday with the request to set the date for the session to give confidence to his government..." I feel like finally we're gonna get what we want and that is a prime minister in there with his government...he has a really good relationship with America and the Trump Administration. And this guy is not a fan of Iran...Iraq is starting to look like it's stabilizing a little bit. With this new PM going in there. With this new government going in there. And Trump going in there removing the influence and the grip of the Iranian people. Let's just hope it's time...
4-4-2020 Newshound Guru Kaperoni We know from past history that when the exchange rate gets out of whack it takes many months to get it back in line using the traditional auction. So the CBI statement today is very interesting. The CBI announced today that this weak dinar will change soon. And at the same time a member of parliament today stated that they stopped the auctions in preparation to float. Though none of this is definitive it is very interesting and the pieces sound compelling that they may be going to float in very short order. But we'll just have to wait and see... [post 2 of 2]
4-4-2020 Newshound Guru Kaperoni A couple of weeks ago A member of parliament came out in two articles that the central bank was about to float the currency. We never heard anything further other than those two articles. Last week the Central Bank of Iraq announced that they were going to stop the auctions temporarily. This is had a negative effect on the dinar market rate as it provides a balance between dinars and dollars as well as providing a source of dollars to pay for foreign imports. As of today the market rate in Iraq has dropped to 1260 to $1. This is a direct result of a lack of dollars available in the marketplace. [post 1 of 2....stay tuned] [The CBI official market rate for Iraq has not been updated since 3-16-2020 - You can always see the official Central Bank of Iraq rates on the left side of this page.]
4-4-2020 Intel/Newshound Guru tman23 What a worldwide conundrum! So what has a better chance of happening in the future 1) Iraq opens their market economy 2) there is a global reset of debt and currency values. Personally I tend to believe #2 is in play as a real possibility. And if a reset on world economies came about, it would affect #1 and their currency value ... But waiting for Iraq to reach an open market economy with poor infrastructure and poor skilled labor pools with poor work ethics being the lynch pin to gain value to the currency along with a stable government... if that’s what Kap [Guru Kaperoni] is waiting on and follows 24/7...one word with a proven history proves it will never happen that way ...that word is IRAQ!!
4-3-2020 Newshound Guru Jeff ...here's another article that came out last night..... "The process of increasing the foreign exchange rate of the Iraq dinar always occurs during official holidays." ...it's not about the coronavirus it's about the facts...the coronavirus was just a coincidence. It was unexpected...Iraq has done too much and they've come too far along to put all their progress on hold...after 15 months of work...we are looking very good right now...
4-3-2020 Intel Guru Okie_Oil_Man GOOD FRIDAY AFTERNOON AMERICA, SHIPS AT SEA AND ALL OUR WORLD WIDE FRIENDS...WELL—HERE WE ARE AT ANOTHER FRIDAY STILL WONDERING AND WAITING FOR THE BLESSING. THERE HAS BEEN MANY ISSUES WITHIN THE PAST 2 DAY'S THAT LEAD US ONCE AGAIN TO THE ELEVATED STATE OF HOPIUM. MASSIVE ARRESTS. RESIGNATIONS, AND DISAPPEARANCE OF SOME WELL PLACED INDIVIDUALS ARE SEEMINGLY IN FULL EFFECT. THAT IN CONJUNCTION OF THE HORRIBLE PLIGHT OF THE CORONA VIRUS IS MAKING A "PERFECT STORM" FOR THE COVERING OF THE R.V. WHICH WAS TO BE PRIVATE SINCE INCEPTION. THE LATEST REPORT COMING FROM "OUT WEST" IS THAT THERE IS STILL PROGRESS BEING MADE ON SOME MINOR LAST MINUTE HOUSE KEEPING ISSUES THAT MUST BE TAKEN CARE OF. WE HAVE WORD THE D O D AND THE TREASURY IS SATISFIED WITH THE SECURITY ISSUE THAT IN THE PAST HAS POSED A PROBLEM...AND AS WE'VE HEARD BEFORE—-MINUTE BY MINUTE WE SHOULD HAVE OUR NOTICES FORTHWITH.
4-3-2020 Intel Guru Bruce ...most of our intel sources...have gotten really quiet...I could take that as a good thing because less is more sometimes – in this particular case we’re always curious as to what is going on...I have given up on trying to find out the Dinar Rates – it supposedly has already reinstated – it will revalue and I understand that the value it comes out at may not be as high as we thought initially - it could be in the mid $4’s and what they are saying is - it will escalate over a period of 10 or more days to a much higher rate – possibly 2 – 2 ½ times higher...it’s very hard to predict exactly where they’re going to be on any given day – just to let you know – it’s very difficult...it is still a very inexact science – believe me – when it comes to us trying to predict what we’re going to be looking at...I think there were a couple of more things to happen before we could start – who knows what they actually are – but there seems to always be something behind the scenes that has delayed us a bit – but we are still in great shape...
4-3-2020 Newshound Guru Kaperoni The spread or market rate is reported at 1260 to $1 today in Baghdad. That is 6%. Well out of the required 2% by the IMF. Not good. CBI needs to abandon the modified window auction and get back to the regular procedure soon. Like I said a while ago a fully liberalized foreign exchange market provides a balance between dinar and dollar to keep the exchange rate within 2% as required by the IMF. Variations of that do not work. The only alternative is floating the currency. And though it has been discussed, there has been no movement from the CBI to begin to float the dinar at this time. [The CBI official market rate for Iraq has not been updated since 3-16-2020 - You can always see the official Central Bank of Iraq rate on the left side of this page.]
4-3-2020 Intel Guru Mike Cottrell As far as Exchange protocols have always been to have a DeLarue machine verify each currency. I assume it would still be a sanitary way to do it with minimal contact
4-3-2020 Intel Guru MarkZ As expected we are still quiet on the news side. None of the bankers I spoke with are expecting anything to happen until possibly the 14th or 15th. The earliest I am hearing now is mid April while they work through logistics and safe ways to exchange.
4-3-2020 Intel Guru RayRen98 This information is coming direct from our Iraqi citizen source... "Iranian militias inside Iraq are threatening all politicians that vote for Zarfi death...they have this up on our billboards...they are starting real trouble for Zarfi and the high ranking officials from Iran were in Iraq all day with their threats too. If Zarfi fails to be appointed then all powers go to Saleh again...he can either nominate another candidate or desolve the parliament all together according to article 64 and call for early elections. April 5 th start back up date for all banking activities in Iraq..."
4-3-2020 Newshound Guru Kaperoni ...the CBI has stopped the distribution of dollars through the auctions for the time being due to the economic conditions. As well the CBI has made a statement requesting banks return excess dollars to the CBI. This is necessary to support the dinar during these difficult financial times. In no way is it any indication of any RV/RI...
4-3-2020 Intel Guru Okie_Oil_Man GOOD FRIDAY AFTERNOON AMERICA, SHIPS AT SEA AND ALL OUR WORLD WIDE FRIENDS...WELL—HERE WE ARE AT ANOTHER FRIDAY STILL WONDERING AND WAITING FOR THE BLESSING. THERE HAS BEEN MANY ISSUES WITHIN THE PAST 2 DAY'S THAT LEAD US ONCE AGAIN TO THE ELEVATED STATE OF HOPIUM. MASSIVE ARRESTS. RESIGNATIONS, AND DISAPPEARANCE OF SOME WELL PLACED INDIVIDUALS ARE SEEMINGLY IN FULL EFFECT. THAT IN CONJUNCTION OF THE HORRIBLE PLIGHT OF THE CORONA VIRUS IS MAKING A "PERFECT STORM" FOR THE COVERING OF THE R.V. WHICH WAS TO BE PRIVATE SINCE INCEPTION. THE LATEST REPORT COMING FROM "OUT WEST" IS THAT THERE IS STILL PROGRESS BEING MADE ON SOME MINOR LAST MINUTE HOUSE KEEPING ISSUES THAT MUST BE TAKEN CARE OF. WE HAVE WORD THE D O D AND THE TREASURY IS SATISFIED WITH THE SECURITY ISSUE THAT IN THE PAST HAS POSED A PROBLEM...AND AS WE'VE HEARD BEFORE—-MINUTE BY MINUTE WE SHOULD HAVE OUR NOTICES FORTHWITH.
4-3-2020 Intel Guru Bruce ...most of our intel sources...have gotten really quiet...I could take that as a good thing because less is more sometimes – in this particular case we’re always curious as to what is going on...I have given up on trying to find out the Dinar Rates – it supposedly has already reinstated – it will revalue and I understand that the value it comes out at may not be as high as we thought initially - it could be in the mid $4’s and what they are saying is - it will escalate over a period of 10 or more days to a much higher rate – possibly 2 – 2 ½ times higher...it’s very hard to predict exactly where they’re going to be on any given day – just to let you know – it’s very difficult...it is still a very inexact science – believe me – when it comes to us trying to predict what we’re going to be looking at...I think there were a couple of more things to happen before we could start – who knows what they actually are – but there seems to always be something behind the scenes that has delayed us a bit – but we are still in great shape...
4-3-2020 Newshound Guru Kaperoni The spread or market rate is reported at 1260 to $1 today in Baghdad. That is 6%. Well out of the required 2% by the IMF. Not good. CBI needs to abandon the modified window auction and get back to the regular procedure soon. Like I said a while ago a fully liberalized foreign exchange market provides a balance between dinar and dollar to keep the exchange rate within 2% as required by the IMF. Variations of that do not work. The only alternative is floating the currency. And though it has been discussed, there has been no movement from the CBI to begin to float the dinar at this time. [The CBI official market rate for Iraq has not been updated since 3-16-2020 - You can always see the official Central Bank of Iraq rate on the left side of this page.]
4-3-2020 Intel Guru Mike Cottrell As far as Exchange protocols have always been to have a DeLarue machine verify each currency. I assume it would still be a sanitary way to do it with minimal contact
4-3-2020 Intel Guru MarkZ As expected we are still quiet on the news side. None of the bankers I spoke with are expecting anything to happen until possibly the 14th or 15th. The earliest I am hearing now is mid April while they work through logistics and safe ways to exchange.
4-3-2020 Intel Guru RayRen98 This information is coming direct from our Iraqi citizen source... "Iranian militias inside Iraq are threatening all politicians that vote for Zarfi death...they have this up on our billboards...they are starting real trouble for Zarfi and the high ranking officials from Iran were in Iraq all day with their threats too. If Zarfi fails to be appointed then all powers go to Saleh again...he can either nominate another candidate or desolve the parliament all together according to article 64 and call for early elections. April 5 th start back up date for all banking activities in Iraq..."
4-3-2020 Newshound Guru Kaperoni ...the CBI has stopped the distribution of dollars through the auctions for the time being due to the economic conditions. As well the CBI has made a statement requesting banks return excess dollars to the CBI. This is necessary to support the dinar during these difficult financial times. In no way is it any indication of any RV/RI...
4-2-2020 Newshound Guru Adam Montana ...I still think the GOI can successfully RV at ten cents. It would be most successful with a float, because the ability for IQD to increase more will encourage people to desire IQD over USD because of the opportunity for profits. The USD, after all, is not going to gain in value. Herd mentality kicks in, Iraqi people and outside sources will increase the demand for IQD based on further speculation, and that adds even more value. I do see and agree with some of the logic in the $1.16 argument. I just also see strategic value in a 10 cent + float. With a float, their currency will hold more potential than the USD. But...$1 or higher ($1.16) there is no question - at that rate it is more valuable. Both rates have positive aspects.
4-2-2020 Intel Guru Delta ...yesterday there was a very interesting statement from one of the citizens that live in Erbil. He went to this shop to buy stuff and the vendor refused to take dollars. [Guru Frank26 - Isn't that wonderful. When I read that out of your report I just smiled so big...you think the shop owners know something?] ...this is very strange that now gradually, slowly a lot of vendors, they're not accepting the dollar. They're just taking dinars. So for you to do that you know that there's something coming up from the CBI...
4-2-2020 Intel Guru MarkZ [via PDK] I am hearing very encouraging things…they are saying that starting round the 13th or 14th…we may see the release...it could be perfect timing… What if they let this thing go on say…April 12th or 13th…somewhere around there. We hear the US is on some type of lock-down until May 1st. So that could be the perfect timing giving us 2 weeks to get done with exchanges...What would make the most sense to me is for martial law to kick in sometime soon and stay in effect until May 1st. So we will have an extra level of security and safey when we start hitting the banks and redemption centers…just imo...They are keeping the banking side ramped up with the imminant rumors so that they are ready when it does finally go…noone knows the exact timing…all we can do is piece it together based on our contacts, what we are hearing ...There is a very small group who know the actual timing on all of this. For obvious reasons they don’t tell us…All we can do is keep hope alive….
4-2-2020 Newshound Guru Pimpy ...these billionaires meet in Davos. They meet there once a year. A lot of you guys know about these meetings and Davos...one of these guys is a very influential financial advisor was giving a speech and someone wrote an article about the speech...what the man went on to say was this. He actually made fun of so-called "currency gurus". He bashed them 7 ways to Sunday. But as soon as he was done bashing them he kindly said afterwards having said all the negative things he said the gurus actually got two of them correctly. He said the Iraqi dinar and the Vietnam dong in his opinion were great investments and thought that some of his people should invest in them as well. He only touched on the two currencies for a fraction of a minute then he went on to...remind everybody that when the Kuwait dinar changed it created a lot of millionaires...there was a bump in the economy and a slight one because it wasn't as well know as the Iraqi dinar one but it created a lot of millionaires. He said but within 5 months 86% of these millionaires were flat broke. Flat broke...from time to time I read that article again just so I can hear his words so that it reminds me of what NOT to do once the RI or RV hits for our currencies...
4-2-2020 Newshound Guru Adam Montana [...as the US is giving the American people money for a Stimulus Package why would it not make sense that the GOI RV to help their citizens...] Iraq has a stimulus built in and ready to go! I don't mean to sound jaded, but I don't expect Iraq to do it for "the citizens". It's not going to get done "for the people" - but it will get done, and many will benefit, including the little people.
4-2-2020 Intel Guru Bruce [via WiserNow] I am excited about the month of April – we are going to see a lot of things happen and I think it is a very good time for us...Here we are about to start a whole new quarter a whole new month and we’ve got another 30 days to more or less stay at home – remain in place – and it could be interesting to see what it’s going to do for us – we are not going to be inhibited by our redemptions – so don’t worry about that - doesn’t mean you can’t go to the bank or redemption center – of course they are allowing for that – so don’t worry about that at all...I can tell you is we are supposed to be in a crescendo in the next 48 hours and that started at 10 am Tuesday - the next 48 hrs should prove to be a crescendo for us...I did hear some rates yesterday and they were higher than what we had anticipated on dinar and dong should be running right alongside – maybe not the same as but not too far from the dinar...
4-2-2020 Intel Guru Delta ...yesterday there was a very interesting statement from one of the citizens that live in Erbil. He went to this shop to buy stuff and the vendor refused to take dollars. [Guru Frank26 - Isn't that wonderful. When I read that out of your report I just smiled so big...you think the shop owners know something?] ...this is very strange that now gradually, slowly a lot of vendors, they're not accepting the dollar. They're just taking dinars. So for you to do that you know that there's something coming up from the CBI...
4-2-2020 Intel Guru MarkZ [via PDK] I am hearing very encouraging things…they are saying that starting round the 13th or 14th…we may see the release...it could be perfect timing… What if they let this thing go on say…April 12th or 13th…somewhere around there. We hear the US is on some type of lock-down until May 1st. So that could be the perfect timing giving us 2 weeks to get done with exchanges...What would make the most sense to me is for martial law to kick in sometime soon and stay in effect until May 1st. So we will have an extra level of security and safey when we start hitting the banks and redemption centers…just imo...They are keeping the banking side ramped up with the imminant rumors so that they are ready when it does finally go…noone knows the exact timing…all we can do is piece it together based on our contacts, what we are hearing ...There is a very small group who know the actual timing on all of this. For obvious reasons they don’t tell us…All we can do is keep hope alive….
4-2-2020 Newshound Guru Pimpy ...these billionaires meet in Davos. They meet there once a year. A lot of you guys know about these meetings and Davos...one of these guys is a very influential financial advisor was giving a speech and someone wrote an article about the speech...what the man went on to say was this. He actually made fun of so-called "currency gurus". He bashed them 7 ways to Sunday. But as soon as he was done bashing them he kindly said afterwards having said all the negative things he said the gurus actually got two of them correctly. He said the Iraqi dinar and the Vietnam dong in his opinion were great investments and thought that some of his people should invest in them as well. He only touched on the two currencies for a fraction of a minute then he went on to...remind everybody that when the Kuwait dinar changed it created a lot of millionaires...there was a bump in the economy and a slight one because it wasn't as well know as the Iraqi dinar one but it created a lot of millionaires. He said but within 5 months 86% of these millionaires were flat broke. Flat broke...from time to time I read that article again just so I can hear his words so that it reminds me of what NOT to do once the RI or RV hits for our currencies...
4-2-2020 Newshound Guru Adam Montana [...as the US is giving the American people money for a Stimulus Package why would it not make sense that the GOI RV to help their citizens...] Iraq has a stimulus built in and ready to go! I don't mean to sound jaded, but I don't expect Iraq to do it for "the citizens". It's not going to get done "for the people" - but it will get done, and many will benefit, including the little people.
4-2-2020 Intel Guru Bruce [via WiserNow] I am excited about the month of April – we are going to see a lot of things happen and I think it is a very good time for us...Here we are about to start a whole new quarter a whole new month and we’ve got another 30 days to more or less stay at home – remain in place – and it could be interesting to see what it’s going to do for us – we are not going to be inhibited by our redemptions – so don’t worry about that - doesn’t mean you can’t go to the bank or redemption center – of course they are allowing for that – so don’t worry about that at all...I can tell you is we are supposed to be in a crescendo in the next 48 hours and that started at 10 am Tuesday - the next 48 hrs should prove to be a crescendo for us...I did hear some rates yesterday and they were higher than what we had anticipated on dinar and dong should be running right alongside – maybe not the same as but not too far from the dinar...
4-1-2020 Newshound Guru MilitiaMan The collectivism of all this data out now is not for just any old reason, imo. ...The timing of this at this juncture paints a vivid picture in my mind. It paints a major power play into view. Iraq has no where but up to go from here!!!. imo. ...We know CBI Gov. Alak has openly stated he was not going to devalue the IQD. It goes against all of that that has been done to...date to keep the IQD stable and steady. ...Iraq can't borrow any money from the looks of it lately from anyone. But, if they have the ability to get into the secondary markets with their currency and their stock exchange, they can use those mediums to get dollars into the future. So not only could this be about Iraq going international in secondary markets terms, the FIMA just may be the mechanism to facilitate them to do so through the US FED.. Thereby, Iraq will need to reinstate their currency to do so. Which will support other currencies around the world. imo
4-1-2020 Intel Guru MarkZ Its been very quiet…I’m talking to my sources…they are still there…just no news as this things plays out. Bankers are weathering this wait….they are in place…hanging out at the banks but news is slim. My contacts at Redemption Centers say there is a skeleton crew there…just keeping the lights on.
4-1-2020 Newshound Guru Adam Montana ...It's April first, which means you can expect some pranks today... all from 6 feet away, of course! ...There will be no RV pranks in this Weekly update...The world is being shaken up like never before. There has never been a better time to watch things - unprecedented things - unfold right in front of us... Many thought the Stimulus bill passing like that just could not happen, just like many would deny the possibility of the Iraqi Dinar increasing in value. It's not just a "possibility". This is something that is going to happen. ...Keep your heads up, stay safe, wash your hands, and GOOOO RRRVVVV!!!!
4-1-2020 Newshound Guru chattels Article quote: "As Iraq's Prime Minister-designate Adnan al-Zurfi struggles to secure adequate parliamentary votes for his candidacy, Iraqi political parties are uncertain about whether they should support him, find a new candidate or even keep caretaker Prime Minister Adel Abdul Mahdi in office." General elections are currently scheduled for 2022, but protesters have demanded they be held this year.
4-1-2020 Newshound Guru Jeff ...It's very quiet right now...we're definitely at the end...here's the ultimate step we needed to see. We needed to see Iraq shut down their financial markets. Stop the auctions and stop the ISX...They're resuming it on April 12th...we don't want to see the ISX extended past April 11th. We want the ISX to come back online on April 12th...everything is where it needs to be...
4-1-2020 Newshound/Intel Guru Mnt Goat There are lots of articles out there about many options and suggestions as to how Iraq intends to deal with the down turn in the oil revenues. These are ONLY suggestions...Take this all with a grain of salt. Nothing will be done until the new PM is ratified. They can not proceed without him/her and so the pressure is on.
4-1-2020 Newshound Guru Pimpy ...these people in parliament we all know they're corrupt...we know there's been a huge crackdown on this. Guess what? Trump's now supporting this guy [Zafari] and he wants him to put in the government that they are going to support...this is the kind of movement we want to see...Trump's not playing around anymore. He's already forming his next agenda and what he's gonna do over there in Iraq and he's implementing it right away. These guys should have their government formed voted on and implemented somewhere between the middle and the end of April. It's funny how all of these things are happening right around April...this is some good news. This is exciting...all this pertains to what's gonna happen to the dinar. We really want this country to really get stable...I think you're gonna see a lot of action happen here between now and the end of this next month...
4-1-2020 Intel Guru Frank26 ...the same reserves that they use to support their currency exchange rate is what they are talking about tapping into now. The IMF is not going allow that. Why? Because the IMF wants them to raise the value of their currency and they need those reserves in order to raise the value of their currency...the only move is to exhale and raise the value of the currency...they need to jump into the international market with their own currency, with their own value.
4-1-2020 Intel Guru MarkZ Its been very quiet…I’m talking to my sources…they are still there…just no news as this things plays out. Bankers are weathering this wait….they are in place…hanging out at the banks but news is slim. My contacts at Redemption Centers say there is a skeleton crew there…just keeping the lights on.
4-1-2020 Newshound Guru Adam Montana ...It's April first, which means you can expect some pranks today... all from 6 feet away, of course! ...There will be no RV pranks in this Weekly update...The world is being shaken up like never before. There has never been a better time to watch things - unprecedented things - unfold right in front of us... Many thought the Stimulus bill passing like that just could not happen, just like many would deny the possibility of the Iraqi Dinar increasing in value. It's not just a "possibility". This is something that is going to happen. ...Keep your heads up, stay safe, wash your hands, and GOOOO RRRVVVV!!!!
4-1-2020 Newshound Guru chattels Article quote: "As Iraq's Prime Minister-designate Adnan al-Zurfi struggles to secure adequate parliamentary votes for his candidacy, Iraqi political parties are uncertain about whether they should support him, find a new candidate or even keep caretaker Prime Minister Adel Abdul Mahdi in office." General elections are currently scheduled for 2022, but protesters have demanded they be held this year.
4-1-2020 Newshound Guru Jeff ...It's very quiet right now...we're definitely at the end...here's the ultimate step we needed to see. We needed to see Iraq shut down their financial markets. Stop the auctions and stop the ISX...They're resuming it on April 12th...we don't want to see the ISX extended past April 11th. We want the ISX to come back online on April 12th...everything is where it needs to be...
4-1-2020 Newshound/Intel Guru Mnt Goat There are lots of articles out there about many options and suggestions as to how Iraq intends to deal with the down turn in the oil revenues. These are ONLY suggestions...Take this all with a grain of salt. Nothing will be done until the new PM is ratified. They can not proceed without him/her and so the pressure is on.
4-1-2020 Newshound Guru Pimpy ...these people in parliament we all know they're corrupt...we know there's been a huge crackdown on this. Guess what? Trump's now supporting this guy [Zafari] and he wants him to put in the government that they are going to support...this is the kind of movement we want to see...Trump's not playing around anymore. He's already forming his next agenda and what he's gonna do over there in Iraq and he's implementing it right away. These guys should have their government formed voted on and implemented somewhere between the middle and the end of April. It's funny how all of these things are happening right around April...this is some good news. This is exciting...all this pertains to what's gonna happen to the dinar. We really want this country to really get stable...I think you're gonna see a lot of action happen here between now and the end of this next month...
4-1-2020 Intel Guru Frank26 ...the same reserves that they use to support their currency exchange rate is what they are talking about tapping into now. The IMF is not going allow that. Why? Because the IMF wants them to raise the value of their currency and they need those reserves in order to raise the value of their currency...the only move is to exhale and raise the value of the currency...they need to jump into the international market with their own currency, with their own value.
3-31-2020 Intel Guru MarkZ [via PDK] [I have heard that CDC representatives will be at the redemption centers.] I have heard that the CDC along with Homeland Security have been going to all these centers to make sure provisions and guidelines are followed …I hope this is true and it will be a good and safe exchange process for us all.
3-31-2020 Newshound Guru MilitiaMan Article: "Currency Manipulation and Countervailing Duties" Quote: "On April 6, 2020, the rule is to go into effect and U.S. industries can begin submitting petitions for potential relief to the U.S. International Trade Commission and Commerce’s International Trade Administration" I'll bet that the data we are witnessing now out of Irag, USA, GB, CBs, etc., is that they are gearing for Iraq to be playing with the big boyz in and on the INTERNATIONAL STAGE!!! There are no coincidences imo...
3-31-2020 Newshound Guru Adam Montana Article: "The central bank clarifies the fact that it is not possible to pay salaries next month" Quote: "...Iraq's cash reserves are currently $ 60 billion," pointing out that "there is no reason to worry about that." Raise the value on the Dinar and their reserves are much more!
3-31-2020 Intel Guru Frank26 Question "..what is the most amazing thing that you see?" That they have stopped using the dollar and the mechanism [currency auctions] that uses the dollar. And the fact that that mechanism has has the potential to use the American dollar in a very fair way...
3-31-2020 Intel Guru MarkZ [via PDK] Still hearing good things about this week… Banking contacts are still hopeful they will see their funds release tomorrow…that is what they are being told…i don’t see how that is possible because of the logistics for exchange centers which are running on a skeleton crew. They have sick people with sick family members. I do not know how they will roll this out...They are still trying to figure this one out.
3-31-2020 Newshound Guru Pimpy As soon as someone finds out you're a millionaire man you can expect for people to find ways to try to scam it from you. Sue you for it, purposely accidentally fall down in your home. They're gonna do whatever it take to get the money from you. Let a lawyer set you up so that you're protected. In addition to that let a financial advising team set you up. You should tell yourself you don't want all your money at one time. Let your money be invested in such a way that you live off the interest and you never touch the principle. Be smart about it. [NOTE: Speak with your financial advisor at the appropriate time.] [post 2 of 2]
3-31-2020 Newshound Guru Pimpy ...for 86% of us you could be guaranteed that within 5 months [of rate change] you're gonna be flat broke. That's haunting. A lot of you out there are saying, 'man, that's not gonna happen to me.' But look most professional athletes that make hundreds of millions of dollars are flat broke within two year. That's because nobody teaches them how to manage money. I'm sure all those people said the same thing...just be smart about your money ... get an attorney that can set you up in a way where your assets are always protected. [post 1 of 2....stay tuned]
3-31-2020 Newshound Guru Kaperoni I had high hopes that this year significant progress was going to be made in Iraq regarding their economy and investment in the private sector. But in the last several weeks a lot has happened to set back the economy everything from the prime minister to low oil prices...to the Coronavirus. Until Iraq can get a new prime minister, a cabinet, parliament gets back to passing laws and the Coronavirus is resolved. I don't see the private sector opening up and investors coming to Iraq. And in 2013 the IMF was very clear on the direction for the dinar. They will create a diverse market economy/private sector and simultaneously float the Iraqi dinar to create an opportunity for the dinar to appreciate as a result of the success of the economy. Though this will give an opportunity for the dinar to go up in value, and also allow us as investors to possibly profit from that appreciation, it will never happen overnight...
3-31-2020 Newshound Guru MilitiaMan Article: "Currency Manipulation and Countervailing Duties" Quote: "On April 6, 2020, the rule is to go into effect and U.S. industries can begin submitting petitions for potential relief to the U.S. International Trade Commission and Commerce’s International Trade Administration" I'll bet that the data we are witnessing now out of Irag, USA, GB, CBs, etc., is that they are gearing for Iraq to be playing with the big boyz in and on the INTERNATIONAL STAGE!!! There are no coincidences imo...
3-31-2020 Newshound Guru Adam Montana Article: "The central bank clarifies the fact that it is not possible to pay salaries next month" Quote: "...Iraq's cash reserves are currently $ 60 billion," pointing out that "there is no reason to worry about that." Raise the value on the Dinar and their reserves are much more!
3-31-2020 Intel Guru Frank26 Question "..what is the most amazing thing that you see?" That they have stopped using the dollar and the mechanism [currency auctions] that uses the dollar. And the fact that that mechanism has has the potential to use the American dollar in a very fair way...
3-31-2020 Intel Guru MarkZ [via PDK] Still hearing good things about this week… Banking contacts are still hopeful they will see their funds release tomorrow…that is what they are being told…i don’t see how that is possible because of the logistics for exchange centers which are running on a skeleton crew. They have sick people with sick family members. I do not know how they will roll this out...They are still trying to figure this one out.
3-31-2020 Newshound Guru Pimpy As soon as someone finds out you're a millionaire man you can expect for people to find ways to try to scam it from you. Sue you for it, purposely accidentally fall down in your home. They're gonna do whatever it take to get the money from you. Let a lawyer set you up so that you're protected. In addition to that let a financial advising team set you up. You should tell yourself you don't want all your money at one time. Let your money be invested in such a way that you live off the interest and you never touch the principle. Be smart about it. [NOTE: Speak with your financial advisor at the appropriate time.] [post 2 of 2]
3-31-2020 Newshound Guru Pimpy ...for 86% of us you could be guaranteed that within 5 months [of rate change] you're gonna be flat broke. That's haunting. A lot of you out there are saying, 'man, that's not gonna happen to me.' But look most professional athletes that make hundreds of millions of dollars are flat broke within two year. That's because nobody teaches them how to manage money. I'm sure all those people said the same thing...just be smart about your money ... get an attorney that can set you up in a way where your assets are always protected. [post 1 of 2....stay tuned]
3-31-2020 Newshound Guru Kaperoni I had high hopes that this year significant progress was going to be made in Iraq regarding their economy and investment in the private sector. But in the last several weeks a lot has happened to set back the economy everything from the prime minister to low oil prices...to the Coronavirus. Until Iraq can get a new prime minister, a cabinet, parliament gets back to passing laws and the Coronavirus is resolved. I don't see the private sector opening up and investors coming to Iraq. And in 2013 the IMF was very clear on the direction for the dinar. They will create a diverse market economy/private sector and simultaneously float the Iraqi dinar to create an opportunity for the dinar to appreciate as a result of the success of the economy. Though this will give an opportunity for the dinar to go up in value, and also allow us as investors to possibly profit from that appreciation, it will never happen overnight...
3-30-2020 Intel Guru Footforward Question: "Are you still confident that we are looking for a rate change in the near future..." I can't give financial advice or investment advice. I'm not a financial expert. But it's my opinion MANY things are coming together that have been spoken of. And IMO, it's the best window we have seen since 2003.
3-30-2020 Newshound Guru Pimpy People keep asking me about these 800 numbers...I've spoken to my bank about what we need to do there in exchange and never once did they bring up 800 numbers. As a matter of fact I don't trust anything about these 800 numbers that's being told out there. There's no validity to it whatsoever...
3-30-2020 Intel Guru Frank26 Question "...If it's political for not moving things forward, who's responsible?" ...it was the elite supreme bozos from Iran. They had full control of Iraq. And it's interesting how just in a handful of weeks boom! BOOM! That control that grip has been melted away. And Donald Trump I think had a big part of it. And then this coronavirus was just a bonus. And I say it's political because it's extremely political...the communist democrats of United State of America don't want Trump to have this at all...we all know who the bad guys are and we all know who the good guys are...
3-30-2020 Intel Guru MarkZ [via PDK] Redemption Centers did not work this weekend. They do not have any idea when they go back in. It really was a quiet weekend. Im guessing we will see oil prices drop sub-$20 soon…maybe even today. It may drop down to $12-$15 bucks…there is not demand…notice how empty the roads are. IMO They are forcing the need for a reset.
3-30-2020 Newshound Guru Pimpy The temporary PM has now gotten a green light...the factions finally got together...Zafari is now a candidate and all the voting blocks had recommended him. Yay! Finally they agreed on something. On March 16 the president Selih had appointed him as the temporary PM but now he's been approved by all the different parliamentary blocks. Thank goodness...that's a step in the right direction...his name has now been officially recommended.
3-30-2020 Intel Guru Frank26 Question "In Your opinion if...Iraq chooses to go bankrupt what will happen to the Iraqi government and the economy? Can Iraq still RI after that?" I don't think that Donald Trump would allow that. I don't think Trump would allow the cancer that is in Iraq to kill Iraq. No...
3-30-2020 Newshound Guru MilitiaMan Article: "Parliamentary Economy: Resorting to the central reserve will not affect the exchange rate of the dinar" Quote: "As a medium of exchange, it trades only within the nation of Iraq, which makes it a “soft currency”. Unlike “hard currencies”, like the US dollar or the euro, the Iraqi dinar is not used to settle claims on international markets. This can make the international Iraqi dinar exchange rate uncertain." The above suggests they now are ready to go into the secondary markets. And to do so they have to be a hard currency.. Not a soft one. Hard currencies are international currencies with an internationally acceptable exchange rate... The ISX is under curfew? Why, when they can trade electronically or can they? I'll bet the inter connectivity to the NSDAQ has something to do with it... They are a secondary market platform, are they not? Starting to get clearer? I sure hope so!! It is sure is a beacon of light, imo..
3-30-2020 Intel Guru Frank26 Question: How much advance notice will currency dealers be given before the rate changes? IMO anywhere from I'd say 6 to 8 hours. I know my broker will be notified. He has to be. He has to make a decision. He can still sell dinars...he can shut down. And if he shuts down selling dinar well then you tell those that gave you the license...that relationship is personal between the Treasury of the United States of America and my dealer...so how much notice? IMO the time period that you are asleep...
3-30-2020 Newshound Guru Pimpy People keep asking me about these 800 numbers...I've spoken to my bank about what we need to do there in exchange and never once did they bring up 800 numbers. As a matter of fact I don't trust anything about these 800 numbers that's being told out there. There's no validity to it whatsoever...
3-30-2020 Intel Guru Frank26 Question "...If it's political for not moving things forward, who's responsible?" ...it was the elite supreme bozos from Iran. They had full control of Iraq. And it's interesting how just in a handful of weeks boom! BOOM! That control that grip has been melted away. And Donald Trump I think had a big part of it. And then this coronavirus was just a bonus. And I say it's political because it's extremely political...the communist democrats of United State of America don't want Trump to have this at all...we all know who the bad guys are and we all know who the good guys are...
3-30-2020 Intel Guru MarkZ [via PDK] Redemption Centers did not work this weekend. They do not have any idea when they go back in. It really was a quiet weekend. Im guessing we will see oil prices drop sub-$20 soon…maybe even today. It may drop down to $12-$15 bucks…there is not demand…notice how empty the roads are. IMO They are forcing the need for a reset.
3-30-2020 Newshound Guru Pimpy The temporary PM has now gotten a green light...the factions finally got together...Zafari is now a candidate and all the voting blocks had recommended him. Yay! Finally they agreed on something. On March 16 the president Selih had appointed him as the temporary PM but now he's been approved by all the different parliamentary blocks. Thank goodness...that's a step in the right direction...his name has now been officially recommended.
3-30-2020 Intel Guru Frank26 Question "In Your opinion if...Iraq chooses to go bankrupt what will happen to the Iraqi government and the economy? Can Iraq still RI after that?" I don't think that Donald Trump would allow that. I don't think Trump would allow the cancer that is in Iraq to kill Iraq. No...
3-30-2020 Newshound Guru MilitiaMan Article: "Parliamentary Economy: Resorting to the central reserve will not affect the exchange rate of the dinar" Quote: "As a medium of exchange, it trades only within the nation of Iraq, which makes it a “soft currency”. Unlike “hard currencies”, like the US dollar or the euro, the Iraqi dinar is not used to settle claims on international markets. This can make the international Iraqi dinar exchange rate uncertain." The above suggests they now are ready to go into the secondary markets. And to do so they have to be a hard currency.. Not a soft one. Hard currencies are international currencies with an internationally acceptable exchange rate... The ISX is under curfew? Why, when they can trade electronically or can they? I'll bet the inter connectivity to the NSDAQ has something to do with it... They are a secondary market platform, are they not? Starting to get clearer? I sure hope so!! It is sure is a beacon of light, imo..
3-30-2020 Intel Guru Frank26 Question: How much advance notice will currency dealers be given before the rate changes? IMO anywhere from I'd say 6 to 8 hours. I know my broker will be notified. He has to be. He has to make a decision. He can still sell dinars...he can shut down. And if he shuts down selling dinar well then you tell those that gave you the license...that relationship is personal between the Treasury of the United States of America and my dealer...so how much notice? IMO the time period that you are asleep...
3-29-2020 Intel Guru Okie_Oil_Man GOOD SUNDAY AFTERNOON AMERICA, SHIPS AT SEA AND ALL OUR WORLD WIDE FRIENDS...GIVEN ALL THE INFORMATION FURNISHED ME WITHIN THE LAST 2 DAYS LEADS ME TO HOPE THIS WILL BE ONE OF MY LAST POSTS. INTEL FURNISHED FROM "THE TOP" STATES WE ARE IN OUR FINAL WEEK OF WANDERING AND WAITING PREDICATED ON THE MANDATE OF MARCH 31 REQUIREMENT OF COMPLETION. I WAS INFORMED OF BANKS AND REDEMPTION CENTERS BEING ON THE ALERT FOR AN ANY MOMENT NOTIFICATION FOR PROCESS STARTING... WE SHOULD BE RECEIVING OUR NOTIFICATIONS IN A VERY SHORT ORDER. THE RATES ARE EXCEPTIONAL AND WILL MORE THAN FULFILL ANY NEEDS, ASPIRATION, OR WISHES WE MAY HAVE.
3-29-2020 Newshound Guru Pimpy I would deposit that one million dinars into my account and in there would reflect 3 million U.S. dollars. That's how it works. And there would be a fee taken out...If you're expecting to come skipping out with millions of dollars in a bag - that's not going to happen. Once the money is put into your account you will have access to some of it right away. I think for some banks there is a process in which they take the currencies and they will send it off and there's a slight hold on it...as far as you wanting the cash money itself, the paper money in exchange, you will have access to X amount of it upfront and then you have to order the rest. If you wanted a million dollars in cash you would have to tell your bank manager to order the money for you because a lot of banks don't hold that much money... [Post 2 of 2]
3-29-2020 Intel Guru Frank26 ...as far as when the Iraqi stock exchange will reopen and as far as is it related to the reinstatement of the Iraqi dinar I don't know. You think it would be. If it is - everything [budget, cabinet, rate] before they open is logical isn't it? That's my option...
3-29-2020 Newshound Guru Pimpy ...we need more than a rate change to happen in Iraq in order for us to benefit from a rate change. It must be recognized internationally in most cases for banks to do the exchange. Some Chase locations are already making exceptions regardless of the currency being recognized internationally or not. You can exchange the dinar there...there's gonna be a fee once the exchange happens. I believe it's around 1%. They'll charge you 1% fee to make the exchange...just for the sake of it I'm gonna use round numbers. Let's say I have a thousand dinar and it's now $3 for every one dinar. I would deposit my 1,000 dinar into my account and they would exchange it and in my account would reflect 3,000 US dollars...If I had one million dinars and it was 3 to 1... [Post 1 of 2...stay tuned]
3-29-2020 Newshound Guru Jeff ...Let's say Iraq were to change the rate on Sunday April 12th. Those two email correspondences from those brokerage firms [Reference Guru Jeff's post on 3-27-2020] state they would reopen on Sunday the 12th. Let's say the rate were to change on the 12th. "The trading floor is currency open 6 hours a week Sunday, Tuesday and Thursday from 10am to 12 noon." ...if the rate were to change on Sunday it doesn't matter if the ISX reopens for business because the fact that they don't even start trading until 10am Sunday morning. That would be after the rate change. My point is if the rate were to change on Sunday the 12th the rate would change while the ISX is still closed...
3-29-2020 Newshound Guru Pimpy I would deposit that one million dinars into my account and in there would reflect 3 million U.S. dollars. That's how it works. And there would be a fee taken out...If you're expecting to come skipping out with millions of dollars in a bag - that's not going to happen. Once the money is put into your account you will have access to some of it right away. I think for some banks there is a process in which they take the currencies and they will send it off and there's a slight hold on it...as far as you wanting the cash money itself, the paper money in exchange, you will have access to X amount of it upfront and then you have to order the rest. If you wanted a million dollars in cash you would have to tell your bank manager to order the money for you because a lot of banks don't hold that much money... [Post 2 of 2]
3-29-2020 Intel Guru Frank26 ...as far as when the Iraqi stock exchange will reopen and as far as is it related to the reinstatement of the Iraqi dinar I don't know. You think it would be. If it is - everything [budget, cabinet, rate] before they open is logical isn't it? That's my option...
3-29-2020 Newshound Guru Pimpy ...we need more than a rate change to happen in Iraq in order for us to benefit from a rate change. It must be recognized internationally in most cases for banks to do the exchange. Some Chase locations are already making exceptions regardless of the currency being recognized internationally or not. You can exchange the dinar there...there's gonna be a fee once the exchange happens. I believe it's around 1%. They'll charge you 1% fee to make the exchange...just for the sake of it I'm gonna use round numbers. Let's say I have a thousand dinar and it's now $3 for every one dinar. I would deposit my 1,000 dinar into my account and they would exchange it and in my account would reflect 3,000 US dollars...If I had one million dinars and it was 3 to 1... [Post 1 of 2...stay tuned]
3-29-2020 Newshound Guru Jeff ...Let's say Iraq were to change the rate on Sunday April 12th. Those two email correspondences from those brokerage firms [Reference Guru Jeff's post on 3-27-2020] state they would reopen on Sunday the 12th. Let's say the rate were to change on the 12th. "The trading floor is currency open 6 hours a week Sunday, Tuesday and Thursday from 10am to 12 noon." ...if the rate were to change on Sunday it doesn't matter if the ISX reopens for business because the fact that they don't even start trading until 10am Sunday morning. That would be after the rate change. My point is if the rate were to change on Sunday the 12th the rate would change while the ISX is still closed...
3-28-2020 Intel Guru Frank26 The good thing is that they are actually talking about 'lifting the 3 zeros' being postponed due to the corona virus. Which IMO mean they were in the process of lifting it. We were that close for a third time. God willing the CBI will return back to it after this corona has apexed...the beauty of it all is that they admit they were going to do it. They admit they are going to do it. And they admit they are going to go back to it after this corona virus is under control...that is cool.
3-28-2020 Intel Guru MarkZ ...it’s such a logistical nightmare right now. How to have enough people to staff exchanges…how to make sure everybody stays healthy…how to handle it and limit the time and exposure? It’s a process and they are working on it. One thing we are good at is waiting…we don’t like it but we are good at it. One good thing if they roll this out in pieces is…we know people are going and our turn is next…
3-28-2020 Newshound Guru Pimpy ...Vietnam dong is looking pretty good...we don't talk about it that often because the Vietnam dong situation is much different than what's going on in Iraq. Over in Vietnam their economy continues to grow and its grown at a pretty fast rate. This is in spite of the coronavirus...Vietnam is going to have a hard time trying to keep the rate that they're at now. They're gonna be forced to change and for more reason than one...the Vietnam dong is gaining against the US dollar. This is what we want. In addition we know April 6 there are some new penalties for those people who are still violating and manipulating their currency...
3-28-2020 Newshound Guru MilitiaMan Article: "Head of the government follow-up cell: Iraq may resort to printing currency to secure employee salaries..The crisis will begin early next month" Now we see additional data that tells us that an option is on the table to print money? More money to depreciate the value of the IQD? Lol! I think not!! They are not going to use an option like that at this stage. The FACT is Alak told us point blank they were not going to devalue the IQD...So, now what we know is that Alak is not going to devalue the currency, they have no option now but to revalue the IQD and with a powerful international rate...As they will be using valuable reserves that will effect their future ability to do things. We know they already printed the NSCNs, they most likely minted coins too. ...we see the CBI setting date limits for Salaries when it is the job of the Financial Minister, we can see that a pattern has changed.. They are in a hurry...I am liken this and big time...
3-28-2020 Intel Guru Delta ...I might be wrong but my opinion is that come April the Central Bank of Iraq is gonna make the move...remember if they are going to increase the value...they want to be sure they paid salaries before they do anything. They are moving very fast to pay those salaries...I've never seen the CBI rushing the citizens...to [give] a due date, 'You have by Tuesday to go get your money.' It never happened before...I do believe after they pay all the salaries the Central Bank of Iraq has to move forward and raise the value...they have only one month. Next month and then it's a disaster for Iraq. They have to come up ASAP...
3-28-2020 Intel Guru Frank26 ...no body knows the date or the rate...at this pace. If I didn't know any better. It sure feels like the same thing that happened in Kuwait. There was every reason for it not to happen. There was every delay and every reason for it not to go up in value and then all of a sudden - BOOM! We woke up and their money went up in value. This is very interesting.
3-28-2020 Newshound Guru Pimpy ...these people are in such an economical financial crunch they need to increase the rate. They need the increase very soon before they can't recoup. They need to do this so they can start buying the things they need to get the country kick-started and rebuilding...99% of us feel like for some reason this coronavirus is just a distraction...
3-28-2020 Intel Guru MarkZ [via PDK] [Rate on Dong?] I am still hearing it is supposed to release on the street between .45 to .50 cents and fluctuate up. I am told the contract rate will still be in the low $2 range…treat it as rumor...
3-28-2020 Intel Guru MarkZ ...it’s such a logistical nightmare right now. How to have enough people to staff exchanges…how to make sure everybody stays healthy…how to handle it and limit the time and exposure? It’s a process and they are working on it. One thing we are good at is waiting…we don’t like it but we are good at it. One good thing if they roll this out in pieces is…we know people are going and our turn is next…
3-28-2020 Newshound Guru Pimpy ...Vietnam dong is looking pretty good...we don't talk about it that often because the Vietnam dong situation is much different than what's going on in Iraq. Over in Vietnam their economy continues to grow and its grown at a pretty fast rate. This is in spite of the coronavirus...Vietnam is going to have a hard time trying to keep the rate that they're at now. They're gonna be forced to change and for more reason than one...the Vietnam dong is gaining against the US dollar. This is what we want. In addition we know April 6 there are some new penalties for those people who are still violating and manipulating their currency...
3-28-2020 Newshound Guru MilitiaMan Article: "Head of the government follow-up cell: Iraq may resort to printing currency to secure employee salaries..The crisis will begin early next month" Now we see additional data that tells us that an option is on the table to print money? More money to depreciate the value of the IQD? Lol! I think not!! They are not going to use an option like that at this stage. The FACT is Alak told us point blank they were not going to devalue the IQD...So, now what we know is that Alak is not going to devalue the currency, they have no option now but to revalue the IQD and with a powerful international rate...As they will be using valuable reserves that will effect their future ability to do things. We know they already printed the NSCNs, they most likely minted coins too. ...we see the CBI setting date limits for Salaries when it is the job of the Financial Minister, we can see that a pattern has changed.. They are in a hurry...I am liken this and big time...
3-28-2020 Intel Guru Delta ...I might be wrong but my opinion is that come April the Central Bank of Iraq is gonna make the move...remember if they are going to increase the value...they want to be sure they paid salaries before they do anything. They are moving very fast to pay those salaries...I've never seen the CBI rushing the citizens...to [give] a due date, 'You have by Tuesday to go get your money.' It never happened before...I do believe after they pay all the salaries the Central Bank of Iraq has to move forward and raise the value...they have only one month. Next month and then it's a disaster for Iraq. They have to come up ASAP...
3-28-2020 Intel Guru Frank26 ...no body knows the date or the rate...at this pace. If I didn't know any better. It sure feels like the same thing that happened in Kuwait. There was every reason for it not to happen. There was every delay and every reason for it not to go up in value and then all of a sudden - BOOM! We woke up and their money went up in value. This is very interesting.
3-28-2020 Newshound Guru Pimpy ...these people are in such an economical financial crunch they need to increase the rate. They need the increase very soon before they can't recoup. They need to do this so they can start buying the things they need to get the country kick-started and rebuilding...99% of us feel like for some reason this coronavirus is just a distraction...
3-28-2020 Intel Guru MarkZ [via PDK] [Rate on Dong?] I am still hearing it is supposed to release on the street between .45 to .50 cents and fluctuate up. I am told the contract rate will still be in the low $2 range…treat it as rumor...
3-27-2020 Intel Guru Footforward Quote: "BREAKING: The Pentagon has ordered military commanders to plan for an escalation of American combat in Iraq, issuing a directive last week to prepare a campaign to destroy an Iranian-backed militia group that has threatened more attacks against American troops - NYT" I'd translate that as they want one more big push to rid Iraq of Iran so the RV can happen. If [I ?] suspect major crushing sanctions to be put on Iraq if they don't revalue their currency in the near future. Just my opinion.
3-27-2020 Newshound Guru Jeff ...this is a brokerage firm [Al Karmal]... they're affiliated with the ISX stock trading. They received a correspondent from the main government of Iraq...Quote "The trading session will be held on 12th April 2020 as the ISX announcement today"...the bottom sentence says the trading session will be held on April 12th...There's another securities company that said the same thing. It's an official announcement from another securities company - Rabee Securities...Quote "...the next trading session will resume on April 12th"...this is two official email releases. Two stock traders...one brokerage. One securities...that's huge. Remember the U.S. did not stop trading stocks within the U.S. Not one other country has stopped electronic trading due to coronavirus yet Iraq has...Iraq's economy to reopen exactly on the same time frame that Donald Trump has. Trump has Iraq's economy timed with our economy...I have now confirmed to you with solid factual proof that all of the [Iraq's] financial markets are going to be closed for a period of 4 weeks...the longest I've ever seen their ISX shut down in 11 years is no more than a week...this is huge confirming news...
3-27-2020 Intel Guru Frank26 IMO I don't believe the auctions are gonna come back again with the American dollar the way they've been using them. I believe this window is a bridge that has allowed them to change exactly in the direction that they want. They're going to add value to their currency, enter the international world. Their currency will be up on FOREX traded internationally...
3-27-2020 Newshound Guru Adam Montana Article: "Corona may revitalize the Iraqi economy .. Baghdad is on the cusp of exemptions from foreign debt payments" Another financial article...regarding Iraq's debt obligations - a few comments were made about how this could be a doorway to a GCR. While I don't subscribe to a universal "reset" happening, there are some valid portions of the theory... and the current global financial situation is edging closer and closer to something big happening, which could easily incorporate a major increase in the Dinar. All they would be doing is piggybacking on larger events, and this is a real possibility. When the world is at it's craziest, and all focus is elsewhere...suddenly!
3-27-2020 Newshound Guru Jeff ...without a shadow of a doubt the [Iraqi] stock market is closed...In the top right corner of the website it said "latest update 3-16"...the last stock trade occurred on 3-16 and it has been shut down since 3-17...[Guru] Pimpy was 100% incorrect [Reference Guru Pimpy's post on 3-27-2020] . The stock market is not open. It is shut down and it's going to remain shut down until Saturday April Saturday April 11th. Reopening on the 12th...
3-27-2020 Newshound Guru Pimpy ...the ISX is now open...trading has started up again. We do not see so far any change in the currency rate. I can tell you we're seeing some movement in a positive direction as far as those individual stocks are concerned...it's been down since the 16th so it's been down 10 days...we were anticipating it being down in the hopes of the rate change taking place. That's what we were looking for. We don't see the rate change yet. All the ISX could have done is at least set itself up for the rate change to happen...lets hope their purpose for shutting down is the fact that a rate change took place...
3-27-2020 Intel Guru Frank26 ...all the right pieces are in the right places to push the button to raise the value of the currency...these are the things we dream about, that we salivate about, that I sometimes cry about...now you've got Allaq from the CBI boldly coming out and saying this is the only solution - our monetary reforms, to lift the 3 zeros, add value, we've got to move forward...
3-27-2020 Newshound Guru Jeff ...this is a brokerage firm [Al Karmal]... they're affiliated with the ISX stock trading. They received a correspondent from the main government of Iraq...Quote "The trading session will be held on 12th April 2020 as the ISX announcement today"...the bottom sentence says the trading session will be held on April 12th...There's another securities company that said the same thing. It's an official announcement from another securities company - Rabee Securities...Quote "...the next trading session will resume on April 12th"...this is two official email releases. Two stock traders...one brokerage. One securities...that's huge. Remember the U.S. did not stop trading stocks within the U.S. Not one other country has stopped electronic trading due to coronavirus yet Iraq has...Iraq's economy to reopen exactly on the same time frame that Donald Trump has. Trump has Iraq's economy timed with our economy...I have now confirmed to you with solid factual proof that all of the [Iraq's] financial markets are going to be closed for a period of 4 weeks...the longest I've ever seen their ISX shut down in 11 years is no more than a week...this is huge confirming news...
3-27-2020 Intel Guru Frank26 IMO I don't believe the auctions are gonna come back again with the American dollar the way they've been using them. I believe this window is a bridge that has allowed them to change exactly in the direction that they want. They're going to add value to their currency, enter the international world. Their currency will be up on FOREX traded internationally...
3-27-2020 Newshound Guru Adam Montana Article: "Corona may revitalize the Iraqi economy .. Baghdad is on the cusp of exemptions from foreign debt payments" Another financial article...regarding Iraq's debt obligations - a few comments were made about how this could be a doorway to a GCR. While I don't subscribe to a universal "reset" happening, there are some valid portions of the theory... and the current global financial situation is edging closer and closer to something big happening, which could easily incorporate a major increase in the Dinar. All they would be doing is piggybacking on larger events, and this is a real possibility. When the world is at it's craziest, and all focus is elsewhere...suddenly!
3-27-2020 Newshound Guru Jeff ...without a shadow of a doubt the [Iraqi] stock market is closed...In the top right corner of the website it said "latest update 3-16"...the last stock trade occurred on 3-16 and it has been shut down since 3-17...[Guru] Pimpy was 100% incorrect [Reference Guru Pimpy's post on 3-27-2020] . The stock market is not open. It is shut down and it's going to remain shut down until Saturday April Saturday April 11th. Reopening on the 12th...
3-27-2020 Newshound Guru Pimpy ...the ISX is now open...trading has started up again. We do not see so far any change in the currency rate. I can tell you we're seeing some movement in a positive direction as far as those individual stocks are concerned...it's been down since the 16th so it's been down 10 days...we were anticipating it being down in the hopes of the rate change taking place. That's what we were looking for. We don't see the rate change yet. All the ISX could have done is at least set itself up for the rate change to happen...lets hope their purpose for shutting down is the fact that a rate change took place...
3-27-2020 Intel Guru Frank26 ...all the right pieces are in the right places to push the button to raise the value of the currency...these are the things we dream about, that we salivate about, that I sometimes cry about...now you've got Allaq from the CBI boldly coming out and saying this is the only solution - our monetary reforms, to lift the 3 zeros, add value, we've got to move forward...
3-26-2020 Newshound Guru Jeff What did I tell you was needed for a rate change? To shut down the financial markets. And they did and they're still down...the financial markets within Iraq have now been down for a period of two weeks. I told you that in my opinion the financial markets would be down down for a period of 4 weeks..
3-26-2020 Newshound Guru Pimpy ...people are asking about the rate...to me it just makes sense that they come out with $1.34...I also made an argument why they could start off at the reinstated rate $3.22. They have nothing right now. They need more purchasing power so that they can turn around and buy a ton of things. This is another reason why I think they're going to come out with a managed rate not a free float...I hate to say this but most likely be reinstated at $3.22 rate but not for very long...a rate that high will not allow them to develop economically. They would not be able to compete on the open trade market with such a high rate. They'll most likely get back down to around $1.34...but don't be surprised if they don't come out with the $1.34 first.
3-26-2020 Intel Guru Frank26 The CBI has done the impossible...I said we are never going to have an RI until we control Iran. Sure enough we've got Iran controlled - Security and stability...Number 2: Stop the dog gone using of the American dollar in your country...the only way is to stop the auctions...here comes the coronavirus...that's a good excuse...Now you have a window so big you can throw the Empire State Building through it. They're not using the auctions...oil is dropping so low these guys have been pushed at the edge of the diving board...the only option is to jump in the international pool...raise the value...this is exciting. We got everything we've ever dreamed of...
3-26-2020 Newshound Guru Adam Montana ...The IMF has stated that CoronaVirus is impacting the entire world, and Iraq is included... a reasonable reaction to that would be "Oh, great, another reason for Iraq to ask for more handouts!" Article: "The World Bank informs Iraq of its unwillingness to discuss any new loan for Baghdad with the status quo" ...a good article yesterday regarding the World Bank on Iraq...we've been expressing for some time now that it's time to stop enabling Iraq's policy of "pleading poverty". This may be the beginning of the end of that practice - in a good way, for us! They aren't broke, they have the means, and it's time for them to get it together.‼️...
3-26-2020 Newshound/Intel Guru Mnt Goat Article: "THREE LARGE SHIITE PARLIAMENTARY BLOCS, GIVE PRIME MINISTER-DESIGNATE ADNAN AL-ZORFI, THE GREEN LIGHT, TO FORM THE NEW IRAQI GOVERNMENT" I hope Zarfi can quickly form his government and get himself appointed as the permanent prime minister in time for the price of oil to go back up, maybe in a few months. If he can, then we might be in a good place to see the currency reform. I am still hearing that the CBI wants to do this project to delete the zeros and just needs the political obstacle gone and stability to return.
3-26-2020 Newshound Guru Kaperoni There is no such thing as a different rate inside Iraq vs outside Iraq. ...And a float in which market forces dictates the rate is the only real option...
3-26-2020 Newshound Guru Jeff ...the currency auction have still been shut down since 3-17 so nothing has happened since 3-18...the ISX is going to continue to be shut down through the end of the 28th and reopen on the 29th...IMO the ISX will stay shut down and not come back online until Monday April 13th. [Reference Guru Jeff Post on 3-25-2020]
3-26-2020 Newshound Guru Adam Montana We've been through a bit of a rollercoaster over the last few weeks and months, between the Kung Flu and the (old/new/quit/appointed/current) Iraqi Prime Minister (currently Adnan al-Zurufi), but we aren't forgetting about one of the biggest reasons for the recent Iraqi shake-up: Iran. A giant positive to reflect on right now is the lack of Iran in the news. One of the most recent items of note regarding Iran was their last ditch effort to hold on to power... and as I suspected, it seems to be falling flat. Keep your eyes on the prize, my friends... keep your eyes on the prize. Sometimes the most important news is what is NOT being talked about. This is a good thing. Also a good thing, and something that is not written yet, is the part on the wikipedia page about the upcoming rate change and Zurufi's role in the implementation.
3-26-2020 Newshound Guru Pimpy ...the PM just got the green light to establish his cabinet. And that came from the big block - the pro Iranian people...
3-26-2020 Newshound Guru Pimpy ...people are asking about the rate...to me it just makes sense that they come out with $1.34...I also made an argument why they could start off at the reinstated rate $3.22. They have nothing right now. They need more purchasing power so that they can turn around and buy a ton of things. This is another reason why I think they're going to come out with a managed rate not a free float...I hate to say this but most likely be reinstated at $3.22 rate but not for very long...a rate that high will not allow them to develop economically. They would not be able to compete on the open trade market with such a high rate. They'll most likely get back down to around $1.34...but don't be surprised if they don't come out with the $1.34 first.
3-26-2020 Intel Guru Frank26 The CBI has done the impossible...I said we are never going to have an RI until we control Iran. Sure enough we've got Iran controlled - Security and stability...Number 2: Stop the dog gone using of the American dollar in your country...the only way is to stop the auctions...here comes the coronavirus...that's a good excuse...Now you have a window so big you can throw the Empire State Building through it. They're not using the auctions...oil is dropping so low these guys have been pushed at the edge of the diving board...the only option is to jump in the international pool...raise the value...this is exciting. We got everything we've ever dreamed of...
3-26-2020 Newshound Guru Adam Montana ...The IMF has stated that CoronaVirus is impacting the entire world, and Iraq is included... a reasonable reaction to that would be "Oh, great, another reason for Iraq to ask for more handouts!" Article: "The World Bank informs Iraq of its unwillingness to discuss any new loan for Baghdad with the status quo" ...a good article yesterday regarding the World Bank on Iraq...we've been expressing for some time now that it's time to stop enabling Iraq's policy of "pleading poverty". This may be the beginning of the end of that practice - in a good way, for us! They aren't broke, they have the means, and it's time for them to get it together.‼️...
3-26-2020 Newshound/Intel Guru Mnt Goat Article: "THREE LARGE SHIITE PARLIAMENTARY BLOCS, GIVE PRIME MINISTER-DESIGNATE ADNAN AL-ZORFI, THE GREEN LIGHT, TO FORM THE NEW IRAQI GOVERNMENT" I hope Zarfi can quickly form his government and get himself appointed as the permanent prime minister in time for the price of oil to go back up, maybe in a few months. If he can, then we might be in a good place to see the currency reform. I am still hearing that the CBI wants to do this project to delete the zeros and just needs the political obstacle gone and stability to return.
3-26-2020 Newshound Guru Kaperoni There is no such thing as a different rate inside Iraq vs outside Iraq. ...And a float in which market forces dictates the rate is the only real option...
3-26-2020 Newshound Guru Jeff ...the currency auction have still been shut down since 3-17 so nothing has happened since 3-18...the ISX is going to continue to be shut down through the end of the 28th and reopen on the 29th...IMO the ISX will stay shut down and not come back online until Monday April 13th. [Reference Guru Jeff Post on 3-25-2020]
3-26-2020 Newshound Guru Adam Montana We've been through a bit of a rollercoaster over the last few weeks and months, between the Kung Flu and the (old/new/quit/appointed/current) Iraqi Prime Minister (currently Adnan al-Zurufi), but we aren't forgetting about one of the biggest reasons for the recent Iraqi shake-up: Iran. A giant positive to reflect on right now is the lack of Iran in the news. One of the most recent items of note regarding Iran was their last ditch effort to hold on to power... and as I suspected, it seems to be falling flat. Keep your eyes on the prize, my friends... keep your eyes on the prize. Sometimes the most important news is what is NOT being talked about. This is a good thing. Also a good thing, and something that is not written yet, is the part on the wikipedia page about the upcoming rate change and Zurufi's role in the implementation.
3-26-2020 Newshound Guru Pimpy ...the PM just got the green light to establish his cabinet. And that came from the big block - the pro Iranian people...
3-25-2020 Intel Guru Bruce [via WiserNow] ...First of all we got to talk about what’s going on with the congress – we know we have a bill that should have been passed today... and yes yes it does have something to do with our start...President Trump...wants this done and you guys know this will go during this COVID-19 situation...we are looking very good based on the information... I’m thinking we’ve got a possibility of getting notified in the afternoon but more than likely situation for Thursday – that is the latest update I have received...
3-25-2020 Newshound Guru Breitling ...we're looking for a long term trend and here we are. I told you guys it was going to be $26 per barrel. It's going to get there and it's going to be there a while. That's going to put pressure on Iraq to add value to their currency...
3-25-2020 Newshound Guru Jeff ...the whole rate change itself is about a 4-week process...the reason why we saw the country of Iraq shut down their financial markets is because they did start the rate change process that week. Again it's a process. It's not just an overnight flip of a switch. They actually started the rate change last week - which is roughly week 1...we're now in week 2 so we have about two more weeks. That would take us to a possible rate change period of somewhere around the weekend of April 12th which is Easter Sunday...
3-25-2020 Newshound Guru Pimpy ...I believe everything is ready to happen. They're just gonna come out and announce whatever rate change it is. They're just gonna announce it. It's gonna happen instantly. Now that doesn't mean they won't have what's called a manage rate or "dirty float" and that is they're gonna manage it because if it's too much of a shock to the economy...
3-25-2020 Newshound Guru Breitling Question: "Is there any indication of how much Iraqi dinar the US government owns? Can you comment on the viability of the revaluation of the dinar to fund the stimulus package...?" The United States doesn't need money from anybody. Trump is trying to lower the value of the dollar so we can compete correctly. How do you do that? You have to inject money into the economy...we don't need Iraq's money. The government doesn't. I do. I'm speculating. But it doesn't work that way. You're putting heavy dinar goggles on. Our country is going to function whether Iraq exists or not...it's a good question but we don't need them for a stimulus package...
3-25-2020 Intel Guru MarkZ I definitely believe we are watching it [RV] roll out right now… [Okie was looking to land his plane today….] I wish I was as confident as he is and hope its true.
3-25-2020 Intel Guru Frank26 ...a currency swap was actually recently done with the Central Bank of Iraq and banks of the United States of America and other banks all around the world. This process is long. They've been working on it for a long time. Over a year. I thought they'd be ready this past January. No, they failed again and maybe it was because of the political B.S. of Iran. But we got that taken care of - stability and security. And we stopped the auctions and using the American dollar. The CBI and US banks made swaps. Around the middle part of December last year...this scenario is pressure because it's leading the IQD to the point of raising the value of the currency. It's the only solution for both the CBI and the GOI to pay their bills and build Iraq...They're running out of American dollars...oil is not selling at a very good price right now putting pressure on the CBI and the GOI to raise the value...it's all pointing in one direction...
3-25-2020 Newshound/Intel Guru Mnt Goat Article: "THE IRAQI PRESIDENT TRANSMITS THREE AMERICAN DEMANDS TO ADNAN AL-ZARFI" Quote: "...the American demands are summarized in three axes: First: Reducing the role of the popular crowd (Iranian backed) and keeping it away from influencing the Iraqi political decision. Second: to keep the Iranian influence from penetrating into the political and economic life of Iraq through frank and direct negotiations with Iran about that. Third: Opening up to the Arab and regional ocean countries away from Iranian dictates." So we are seeing the effort on the part of the US to get Iran out of Iraq and out of Iraqi politics. We all should know by now this is the impeding element in any progress towards currency reform.
3-25-2020 Newshound Guru Breitling ...we're looking for a long term trend and here we are. I told you guys it was going to be $26 per barrel. It's going to get there and it's going to be there a while. That's going to put pressure on Iraq to add value to their currency...
3-25-2020 Newshound Guru Jeff ...the whole rate change itself is about a 4-week process...the reason why we saw the country of Iraq shut down their financial markets is because they did start the rate change process that week. Again it's a process. It's not just an overnight flip of a switch. They actually started the rate change last week - which is roughly week 1...we're now in week 2 so we have about two more weeks. That would take us to a possible rate change period of somewhere around the weekend of April 12th which is Easter Sunday...
3-25-2020 Newshound Guru Pimpy ...I believe everything is ready to happen. They're just gonna come out and announce whatever rate change it is. They're just gonna announce it. It's gonna happen instantly. Now that doesn't mean they won't have what's called a manage rate or "dirty float" and that is they're gonna manage it because if it's too much of a shock to the economy...
3-25-2020 Newshound Guru Breitling Question: "Is there any indication of how much Iraqi dinar the US government owns? Can you comment on the viability of the revaluation of the dinar to fund the stimulus package...?" The United States doesn't need money from anybody. Trump is trying to lower the value of the dollar so we can compete correctly. How do you do that? You have to inject money into the economy...we don't need Iraq's money. The government doesn't. I do. I'm speculating. But it doesn't work that way. You're putting heavy dinar goggles on. Our country is going to function whether Iraq exists or not...it's a good question but we don't need them for a stimulus package...
3-25-2020 Intel Guru MarkZ I definitely believe we are watching it [RV] roll out right now… [Okie was looking to land his plane today….] I wish I was as confident as he is and hope its true.
3-25-2020 Intel Guru Frank26 ...a currency swap was actually recently done with the Central Bank of Iraq and banks of the United States of America and other banks all around the world. This process is long. They've been working on it for a long time. Over a year. I thought they'd be ready this past January. No, they failed again and maybe it was because of the political B.S. of Iran. But we got that taken care of - stability and security. And we stopped the auctions and using the American dollar. The CBI and US banks made swaps. Around the middle part of December last year...this scenario is pressure because it's leading the IQD to the point of raising the value of the currency. It's the only solution for both the CBI and the GOI to pay their bills and build Iraq...They're running out of American dollars...oil is not selling at a very good price right now putting pressure on the CBI and the GOI to raise the value...it's all pointing in one direction...
3-25-2020 Newshound/Intel Guru Mnt Goat Article: "THE IRAQI PRESIDENT TRANSMITS THREE AMERICAN DEMANDS TO ADNAN AL-ZARFI" Quote: "...the American demands are summarized in three axes: First: Reducing the role of the popular crowd (Iranian backed) and keeping it away from influencing the Iraqi political decision. Second: to keep the Iranian influence from penetrating into the political and economic life of Iraq through frank and direct negotiations with Iran about that. Third: Opening up to the Arab and regional ocean countries away from Iranian dictates." So we are seeing the effort on the part of the US to get Iran out of Iraq and out of Iraqi politics. We all should know by now this is the impeding element in any progress towards currency reform.
3-24-2020 Intel Guru Footforward ...people are mad because the RV hasn't happened yet. Don't be shaken! Look at all the signs that are happening!!!
3-24-2020 Intel Guru Delta Article: "The World Bank informs Iraq of its unwillingness to discuss any new loan for Baghdad with the status quo" IT'S ABOUT TIME... THANK U WORLD BANK...MUSIC TO MY EARS... BOOOOOOOOM.
3-24-2020 Newshound Guru Kaperoni ...Yes, the CBI is talking to the IMF about loans to manage the budget during this difficult time but there was no talk of raising the value of the dinar...Like I have already stated..there only really two options for Iraq...LOP the dinar (neutral event, minimal increase) or pass laws and build a private sector and float the dinar.
3-24-2020 Intel Guru Frank26 Question "Now that the auctions have been stopped..." You have to be careful with that. They've been stopped because of the curfew. Because of the virus. Will they come back? Will they come back different? Will they come back at the program rate? Will they come back with only their currency at a program rate or a new rate? This is where we're at with my teams... Question continues. "...in your opinion is Iraq implementing or planning their next course of action?" Yes. That's what our studies have all been. I believe their next course of action was to stop the auctions. To stop using the American dollar. BUT they did that! So I wonder what they're gonna do next - suddenly.
3-24-2020 Newshound/Intel Guru Mnt Goat Article: "THE US STATE DEPARTMENT REFUSES TO CONSIDER AL-ZARFI AS "SUPPORTED" BY WASHINGTON ONLY BUT RATHER SUPPORTED BASED ON PRINCIPLES FOR IRAQ" Quote: "The United States did not focus on individuals, but rather on principles related to the appointed Iraqi Prime Minister, Adnan Al-Zarfi..." please don’t go off half-cocked thinking this article means that the US does not support the new PM candidate al-Zarfi. This is NOT what it is saying. Instead Mr. Schenker is just down playing the inference that the US is controlling Iraq by supporting the new candidate and a puppet to the US. Instead he wanted to tell everyone the US supports the principles behind the man not just supporting a puppet prime minister...Actually this is really good news!
3-24-2020 Newshound Guru Pimpy I think once this coronavirus starts to subside a little bit you're gonna see some very very very quick actions. A lot of movement in Iraq. I really think they cannot continue to exist this way without a rate change. Whether they get to reinstate at $3.22 or whether I'm right and it's gonna be somewhere around $1.34...
3-24-2020 Newshound Guru Jeff ...I didn't say the rate changed. I said the rate change process started. We are in the middle of the rate change process right now. It has started...IMO we are approaching the end...
3-24-2020 Newshound Guru Breitling ...a little bit of privileged information. They kind of have a choice coming up. Do they want to revalue at a certain rate and then when the markets correct itself add value to it and get into the markets at a little bit of a higher rate so they can get gains on it. Because here's the problem, they can add value to their currency today they've always had that ability...but if they're not investing that they're not getting a return on it. They're just keeping their economy afloat...they have to structure this thing to where they can get into the markets...the more that they wait - the more that the market is in the position it's in - the higher the rate you and I get. And that's what's exciting. Because it just accelerated...
3-24-2020 Intel Guru Frank26 Question: Is it possible for the RI to be pushed out several months from the coronavirus epidemic? Of course it is but the way it's moving right now in the direction that it's going crescendo - peaking - almost over with, manufacturers helping, the whole economic world is not listening 'Oh it's a disaster' instead they're holding back and they're gonna move the moment Trump tells them. So is it possible that the RI could be pushed out several months...? Based on all those things that we've been saying and studying, no I just don't see that.
3-24-2020 Intel Guru Delta Article: "The World Bank informs Iraq of its unwillingness to discuss any new loan for Baghdad with the status quo" IT'S ABOUT TIME... THANK U WORLD BANK...MUSIC TO MY EARS... BOOOOOOOOM.
3-24-2020 Newshound Guru Kaperoni ...Yes, the CBI is talking to the IMF about loans to manage the budget during this difficult time but there was no talk of raising the value of the dinar...Like I have already stated..there only really two options for Iraq...LOP the dinar (neutral event, minimal increase) or pass laws and build a private sector and float the dinar.
3-24-2020 Intel Guru Frank26 Question "Now that the auctions have been stopped..." You have to be careful with that. They've been stopped because of the curfew. Because of the virus. Will they come back? Will they come back different? Will they come back at the program rate? Will they come back with only their currency at a program rate or a new rate? This is where we're at with my teams... Question continues. "...in your opinion is Iraq implementing or planning their next course of action?" Yes. That's what our studies have all been. I believe their next course of action was to stop the auctions. To stop using the American dollar. BUT they did that! So I wonder what they're gonna do next - suddenly.
3-24-2020 Newshound/Intel Guru Mnt Goat Article: "THE US STATE DEPARTMENT REFUSES TO CONSIDER AL-ZARFI AS "SUPPORTED" BY WASHINGTON ONLY BUT RATHER SUPPORTED BASED ON PRINCIPLES FOR IRAQ" Quote: "The United States did not focus on individuals, but rather on principles related to the appointed Iraqi Prime Minister, Adnan Al-Zarfi..." please don’t go off half-cocked thinking this article means that the US does not support the new PM candidate al-Zarfi. This is NOT what it is saying. Instead Mr. Schenker is just down playing the inference that the US is controlling Iraq by supporting the new candidate and a puppet to the US. Instead he wanted to tell everyone the US supports the principles behind the man not just supporting a puppet prime minister...Actually this is really good news!
3-24-2020 Newshound Guru Pimpy I think once this coronavirus starts to subside a little bit you're gonna see some very very very quick actions. A lot of movement in Iraq. I really think they cannot continue to exist this way without a rate change. Whether they get to reinstate at $3.22 or whether I'm right and it's gonna be somewhere around $1.34...
3-24-2020 Newshound Guru Jeff ...I didn't say the rate changed. I said the rate change process started. We are in the middle of the rate change process right now. It has started...IMO we are approaching the end...
3-24-2020 Newshound Guru Breitling ...a little bit of privileged information. They kind of have a choice coming up. Do they want to revalue at a certain rate and then when the markets correct itself add value to it and get into the markets at a little bit of a higher rate so they can get gains on it. Because here's the problem, they can add value to their currency today they've always had that ability...but if they're not investing that they're not getting a return on it. They're just keeping their economy afloat...they have to structure this thing to where they can get into the markets...the more that they wait - the more that the market is in the position it's in - the higher the rate you and I get. And that's what's exciting. Because it just accelerated...
3-24-2020 Intel Guru Frank26 Question: Is it possible for the RI to be pushed out several months from the coronavirus epidemic? Of course it is but the way it's moving right now in the direction that it's going crescendo - peaking - almost over with, manufacturers helping, the whole economic world is not listening 'Oh it's a disaster' instead they're holding back and they're gonna move the moment Trump tells them. So is it possible that the RI could be pushed out several months...? Based on all those things that we've been saying and studying, no I just don't see that.
3-23-2020 Intel Guru Okie_Oil_Man JUST A FAST FLY-BY — I AM BEING TOLD TO EXPECT LANDING PERMISSION WEDNESDAY 3-25...
3-23-2020 Newshound Guru Pimpy I agree with Trump. Once we get out of this coronavirus thing our economy is going to slingshot IMO...Trump thinks we're gonna be out of this by April. Well one of the things you could do is change the rate of the Iraqi dinar. We know people are holding it including countries everywhere. You can give the appearance of a stimulated economy...
3-23-2020 Intel Guru Frank26 ....one, two, three are the things we've dreamed about for years in order to raise the value of the currency. Security. Stability. Stop the auctions and they're not using the American dollar...if I was Steven Spielberg I don't think I could have even come up with a greater scrip than this for a Hollywood movie. 1-2-3 and then go to the bank honey!
3-23-2020 Newshound Guru Breitling Iraq can't just add value for no reason. Because any country could just add value to their currency. Why can Iraq add value? Because they are artificially below...it's not a foreseen thing, 'oh, Iraq is just going to add value to their currency.' No. They're correcting the value of their currency. That's actually the correct term. The Iraqi dinar is not at its correct value. They are artificially keeping it low because based on their supply times velocity and how they back up their currency they just print more currency and the value goes down. We have articles that specifically say that. What happens when they pull currency out of their markets? Their value goes up...It's not a far fetched thing that Iraq needs to add value to their currency. A. It's correcting the value of their currency. B. They need to because they have no options...
3-23-2020 Intel Guru MarkZ [if martial law is declared would we be able to go to the bank for exchanges?] Im still hearing that with our 800 numbers, via email we will get our travel documentation to exchange...according to sources and what they are told …we really are “any day now”. does this mean this week or this month….we just don’t know.
3-23-2020 Newshound Guru Jeff ...we know that they're not gonna want people coming into the banks regarding the whole coronavirus especially with the lock-downs...we ultimately know that the Trump Administration is in charge and then we know that Iraq's economically is going to start suffering if the rate doesn't change. There could be a solid chance that Iraq and Trump have met in the middle of this. Maybe they agreed to change the rate IMO tentatively agreed to change the rate during the month of April. Because April will start the new fiscal year...it gives the US a chance to implement a lock-down process for say two to three weeks...there could be a good chance they've selected the first half to the middle of April to change the rate...
3-23-2020 Newshound Guru Pimpy ...I got in a dispute with somebody. He keeps telling me that the IMF controls the rate of the Iraqi dinar. They don't control the rate. They make recommendations on monetary policies...The IMF works with the World Trade Organization and works with the United Nations. The United Nation is the one that has the sanctions on Iraq right now. People are going 'no they don't'. Yes they do...the CBI sets the rate under the guidance of the IMF and WTO. It does no good for the rate change if the UN doesn't allow them to be recognized internationally...once the CBI makes the rate change the currency must be recognized internationally. If the GOI had their way the rate would have been set exactly at $3.22. They have been bugging for year to have their rate reinstated...
3-23-2020 Intel Guru Frank26 Question: "Is it a coincidence that starting April 6th they're going to start sending out stimulus checks and on that same date all other countries have to stop using the dollar? ...I find this April 6th fascinating...
3-23-2020 Newshound Guru Breitling ...you and I are in an absolute phenomenal position...I've been getting emails asking 'How did you know it [oil] was gonna get down to $26 barrel?' ...This is a direct cause by policy. It doesn't matter if the coronavirus came out or not. The coronavirus accelerated it 100% in my mind...we knew we were gonna get to $26 a barrel...
3-23-2020 Newshound Guru Pimpy I agree with Trump. Once we get out of this coronavirus thing our economy is going to slingshot IMO...Trump thinks we're gonna be out of this by April. Well one of the things you could do is change the rate of the Iraqi dinar. We know people are holding it including countries everywhere. You can give the appearance of a stimulated economy...
3-23-2020 Intel Guru Frank26 ....one, two, three are the things we've dreamed about for years in order to raise the value of the currency. Security. Stability. Stop the auctions and they're not using the American dollar...if I was Steven Spielberg I don't think I could have even come up with a greater scrip than this for a Hollywood movie. 1-2-3 and then go to the bank honey!
3-23-2020 Newshound Guru Breitling Iraq can't just add value for no reason. Because any country could just add value to their currency. Why can Iraq add value? Because they are artificially below...it's not a foreseen thing, 'oh, Iraq is just going to add value to their currency.' No. They're correcting the value of their currency. That's actually the correct term. The Iraqi dinar is not at its correct value. They are artificially keeping it low because based on their supply times velocity and how they back up their currency they just print more currency and the value goes down. We have articles that specifically say that. What happens when they pull currency out of their markets? Their value goes up...It's not a far fetched thing that Iraq needs to add value to their currency. A. It's correcting the value of their currency. B. They need to because they have no options...
3-23-2020 Intel Guru MarkZ [if martial law is declared would we be able to go to the bank for exchanges?] Im still hearing that with our 800 numbers, via email we will get our travel documentation to exchange...according to sources and what they are told …we really are “any day now”. does this mean this week or this month….we just don’t know.
3-23-2020 Newshound Guru Jeff ...we know that they're not gonna want people coming into the banks regarding the whole coronavirus especially with the lock-downs...we ultimately know that the Trump Administration is in charge and then we know that Iraq's economically is going to start suffering if the rate doesn't change. There could be a solid chance that Iraq and Trump have met in the middle of this. Maybe they agreed to change the rate IMO tentatively agreed to change the rate during the month of April. Because April will start the new fiscal year...it gives the US a chance to implement a lock-down process for say two to three weeks...there could be a good chance they've selected the first half to the middle of April to change the rate...
3-23-2020 Newshound Guru Pimpy ...I got in a dispute with somebody. He keeps telling me that the IMF controls the rate of the Iraqi dinar. They don't control the rate. They make recommendations on monetary policies...The IMF works with the World Trade Organization and works with the United Nations. The United Nation is the one that has the sanctions on Iraq right now. People are going 'no they don't'. Yes they do...the CBI sets the rate under the guidance of the IMF and WTO. It does no good for the rate change if the UN doesn't allow them to be recognized internationally...once the CBI makes the rate change the currency must be recognized internationally. If the GOI had their way the rate would have been set exactly at $3.22. They have been bugging for year to have their rate reinstated...
3-23-2020 Intel Guru Frank26 Question: "Is it a coincidence that starting April 6th they're going to start sending out stimulus checks and on that same date all other countries have to stop using the dollar? ...I find this April 6th fascinating...
3-23-2020 Newshound Guru Breitling ...you and I are in an absolute phenomenal position...I've been getting emails asking 'How did you know it [oil] was gonna get down to $26 barrel?' ...This is a direct cause by policy. It doesn't matter if the coronavirus came out or not. The coronavirus accelerated it 100% in my mind...we knew we were gonna get to $26 a barrel...
3-22-2020 Intel Guru Frank26 Question: "...Why should we think that because we can no longer see results of the auctions that a public rate change might now be near other than the fact that the oil prices are about to tank their economy?" ...why shouldn't we expect it? It's based on everything we've seen. Everything we've see is for the reinstatement of the Iraqi dinar value. Everything they've been saying is the definition of the reinstatement of their currency...
3-22-2020 Newshound Guru Jeff ...when you look at what's happening with the coronavirus ultimately the Trump administration is in charge. IMO the Trump administration is not going... to change the rate and allow tons of people to come in to the banks to exchange foreign currency. That's the last thing they're going to allow to happen especially with military lock downs occurring...we do firmly believe we're at the finish line but we have to wait for things like the lock downs regarding the coronavirus to come to an end...I firmly believe we're at the end.
3-22-2020 Intel Guru Frank26 ...the government of Iraq goes out to the International world and they say we need money because we're about to go bankrupt as a country...and the article itself actually said nope. No. Raise the value of your currency...you know what to do. Finish your reforms...
3-22-2020 Newshound Guru Jeff ...as you know the rate has not changed as of yet...when you look at the facts it's very obvious. You don't have to be intelligent or anything to realize what Iraq is doing. Iraq has put their entire economy on hold. They can no longer go any further at this point with their economy until this rate changes...they've pretty much told us they're at the point and ready to change that rate...any forward economic progress is completely waiting on the rate change...
3-22-2020 Newshound Guru MilitiaMan ...The ISX is said to come on line Tuesday. They have had time to change the rate and adjust share pricing, they have had almost a week now to do so and will need the rate ahead of open... IMO That would be hush hush mind you!! Just as is the meeting with Mnuchin and Congress is today.. The timing of this is huge imo!! ...There are no coincidences here.. This is all coming together in sequence.. Sure there has been bumps in the road, but, the perfect storm is here and yet the sun is shining bright!
3-22-2020 Newshound Guru Pimpy there are a lot of people they had bet the house that something was gonna happen between this weekend and the end of the month. Is it possible? Of course it is. There sure are a lot of signs out there that point to something hopefully happening...
3-22-2020 Newshound Guru Jeff ...when you look at what's happening with the coronavirus ultimately the Trump administration is in charge. IMO the Trump administration is not going... to change the rate and allow tons of people to come in to the banks to exchange foreign currency. That's the last thing they're going to allow to happen especially with military lock downs occurring...we do firmly believe we're at the finish line but we have to wait for things like the lock downs regarding the coronavirus to come to an end...I firmly believe we're at the end.
3-22-2020 Intel Guru Frank26 ...the government of Iraq goes out to the International world and they say we need money because we're about to go bankrupt as a country...and the article itself actually said nope. No. Raise the value of your currency...you know what to do. Finish your reforms...
3-22-2020 Newshound Guru Jeff ...as you know the rate has not changed as of yet...when you look at the facts it's very obvious. You don't have to be intelligent or anything to realize what Iraq is doing. Iraq has put their entire economy on hold. They can no longer go any further at this point with their economy until this rate changes...they've pretty much told us they're at the point and ready to change that rate...any forward economic progress is completely waiting on the rate change...
3-22-2020 Newshound Guru MilitiaMan ...The ISX is said to come on line Tuesday. They have had time to change the rate and adjust share pricing, they have had almost a week now to do so and will need the rate ahead of open... IMO That would be hush hush mind you!! Just as is the meeting with Mnuchin and Congress is today.. The timing of this is huge imo!! ...There are no coincidences here.. This is all coming together in sequence.. Sure there has been bumps in the road, but, the perfect storm is here and yet the sun is shining bright!
3-22-2020 Newshound Guru Pimpy there are a lot of people they had bet the house that something was gonna happen between this weekend and the end of the month. Is it possible? Of course it is. There sure are a lot of signs out there that point to something hopefully happening...
3-21-2020 Newshound Guru MilitiaMan ...I believe from quite a few things that we could point to that supports this is #gameover...We haven’t seen any auctions of late...possibly because they are no longer going to be fed dollars to afford to be able to do them, as Iraq is to cease MCPs per Article 8 requirements of the IMF...So with Alak saying they are not going to devalue, oil having tanked and the dollar being scarce and has to cease being used in the auctions, the rate will have to increase! ...My conversation today with Delta, aside from the turmoil from the cv19, the time frame we are in now is the best I have ever seen to date. I am not alone on that.
3-21-2020 Newshound Guru Pimpy There's a lot of people banking on the dinar changing this weekend...my feeling [is] the rate change would most likely happen sometime by the end of March or beginning of April...there's plenty of reasons to believe that...it's very quiet out in the dinar land. Are people eagerly waiting to see if it happens or there's a lot of people who were bold enough to go ahead and make that prediction...we don't do dates and we don't do rates, the best that we could do is make an educated guess. No body knows okay but I told you there's many reasons why I felt that it was time for Iraq to go ahead and make the change to the dinar right now more than ever...let's keep our fingers crossed. Let's just pray for those people who've been effected by the corona virus...
3-21-2020 Newshound Guru chattels I had always hoped that Iraq could realize an increase in the value of the dinar by stability, security and sound economic development. Iraq in and of itself has no chance in the near term. Some global realignment may be our only hope for gain in the foreseeable future.
3-21-2020 Intel Guru MarkZ [via PDK] [No RV until Covid 19 is gone?] No…In order to make the helicopter money work…I believe they will time it at the same time for us to start hitting the banks. It’s a perfect cover... [What is Helicoptor money?] helicopter money is issued by the government [to] help people through a crises...
3-21-2020 Newshound Guru Pimpy ...I think what's happening with this whole coronavirus thing - it is crippling economies everywhere. Many people people have invested into the Iraqi dinar. One of the saving graces are gonna be the revaluation of the Iraqi dinar. It's going to give economies everywhere a much-needed boost...
3-21-2020 Newshound Guru Pimpy There's a lot of people banking on the dinar changing this weekend...my feeling [is] the rate change would most likely happen sometime by the end of March or beginning of April...there's plenty of reasons to believe that...it's very quiet out in the dinar land. Are people eagerly waiting to see if it happens or there's a lot of people who were bold enough to go ahead and make that prediction...we don't do dates and we don't do rates, the best that we could do is make an educated guess. No body knows okay but I told you there's many reasons why I felt that it was time for Iraq to go ahead and make the change to the dinar right now more than ever...let's keep our fingers crossed. Let's just pray for those people who've been effected by the corona virus...
3-21-2020 Newshound Guru chattels I had always hoped that Iraq could realize an increase in the value of the dinar by stability, security and sound economic development. Iraq in and of itself has no chance in the near term. Some global realignment may be our only hope for gain in the foreseeable future.
3-21-2020 Intel Guru MarkZ [via PDK] [No RV until Covid 19 is gone?] No…In order to make the helicopter money work…I believe they will time it at the same time for us to start hitting the banks. It’s a perfect cover... [What is Helicoptor money?] helicopter money is issued by the government [to] help people through a crises...
3-21-2020 Newshound Guru Pimpy ...I think what's happening with this whole coronavirus thing - it is crippling economies everywhere. Many people people have invested into the Iraqi dinar. One of the saving graces are gonna be the revaluation of the Iraqi dinar. It's going to give economies everywhere a much-needed boost...
3-20-2020 Intel Guru Okie_Oil_Man GOOD FRIDAY AFTERNOON AMERICA, SHIPS AT SEA AND ALL OUR WORLD WIDE FRIENDS...AS I HAVE STATED PREVIOUSLY THIS WEEKEND SHOULD SPELL OUT A LOT OF INFO AND RESULTS FOR US. ...I PERSONALLY FOUND OUT TODAY THAT YES — MY BANK IS CLOSED THRU MONDAY WITH ONLY THE DRIVE THRU BEING OPEN. THIS HAD BEEN RUMORED IN THE PAST BUT THE PROOF CAME TODAY. ...I AM STILL BEING TOLD ABOUT THE IMMINENT LANDING PERMISSION I THOUGHT WAS THIS WEEKEND BUT IT MAY BE THE FIRST PART OF NEXT WEEK. ...I FEEL THE BANK CLOSURE I AM AWARE OF BEING TRUE LENDS CREDENCE TO THE INEVITABLE INFORMATION BEING CIRCULATED. ...I AM HOWEVER STAYING GROUNDED WITH AN OPINION UNTIL AND WHEN I SEE THE HARD EVIDENCE OF THE EXCHANGE, I AM ALSO CONFIDENT THIS IS REAL AND NOT MEMOREX AND AWAIT MY TURN AT THE BLESSING GATE BEING OPENED...
3-20-2020 Newshound Guru MilitiaMan Article: "Officials: The Iraqi financial crisis may make us borrow from the International Monetary Fund again" Alak tells us that they are wanting to meet with the IMF, yet, the out look there looks bleak and may not bear fruit...The IMF (USA) knows that Iraq has value, can pay it's external debts and with imo the long awaited financial reforms; i.e., a "new exchange rate", not the program rate it is presently at!! So getting the IMF to loan them money when they can Re - Instate the IQD to avert the crisis glaring at them. ...Now it looks like the proper pressures are in place and with oil being the last straw... The relief value needs to be opened! imo
3-20-2020 Intel Guru Bruce ...we got word that we did go to level 4 of Martial Law...in the United States...they are primarily in place to guard against looting and other vandalism things that could happen during this time – especially against looting of stores – retail locations and so forth that are closed ...it’s also something that we have that will be in a sense an added security force for us going – so that we are far less likely to encounter an issue or problem while going to our exchanges or coming out of our exchanges and redemption centers...I see it as a very positive thing...ALL banks are closed for four days starting tomorrow (Friday)...they will reopen on Tuesday at regular times...I have heard different things about when we’re going to get started – I have heard from a treasury source that...a kick off day would be Saturday – I’ve heard the possibility of going tomorrow [Friday] or Saturday – I’ve heard that we might not start until after the banks reopen on Tuesday – it’s hard to say right now which it is...
3-20-2020 Newshound/Intel Guru Francis Albert The only way UST reserves of Dinar are worth anything is over time, lots of time, that they will exchange for oil in the ground. Folks thinking a Dinar up swing in value is going to suddenly make the U.S. rich just don't understand. Plus, I believe the deal is for $30 per barrel per Dinar. At this rate, that's a looser. And if IQD goes up and American's exchange Dinar at a bank. The UST ends up with the Dinar because the banks will create the dollars to give to us. That's the only way this thing can work. No where else the dollars can come from. The IQD is a debt instrument, like all currencies, a note. FED and banks monetize debt, (create dollars) in exchange for the note. Also known as QE. And the reason the FED will do that is because they get a cut and UST gets the Dinar for "liberating" Iraq...the spoils of war. And UST sucks Iraqi oil in exchange for Dinar till the end of time.
3-20-2020 Intel Guru MarkZ [via PDK] Still seem to be in a holding pattern as they work through logistics... I hate saying that but it does look good. As we watch the mainstream news you can literally see it playing out right in front of us. I’ve had some interesting calls from different bankers …especially international…they are saying “Did you know the US government has taken over the Central Bank?” ...Well, I love watching it happen.
3-20-2020 Newshound Guru Jeff ...I'm strongly of the opinion that the main event is going to be happening this weekend. That's my opinion from my studies..
3-20-2020 Newshound Guru Pimpy Article "Association of Private Banks: The recent decisions of the Central Bank contribute to increasing electronic commerce" This guy is talking about how they're trying to get away from dealing in cash because they're trying to stop the spread of the coronavirus... Quote "the central bank of Iraq had taken serious measures to encourage citizens to use electronic payments including making commission zero for their merchants when using points of sale for a period of six months starting today...explained that Iraq's citizens can buy with his or hers bank card from inside or outside Iraq without any commissions in addition to using the official exchange rate approved by the central bank and not the exchange rate in the market." Whoa! What the heck does that mean? ...something is happening...
3-20-2020 Newshound/Intel Guru Francis Albert I don't believe PM, stability, investors etc. has anything to do with he Dinar going International. The Dollar Inc. people, IMF and all Central Banks are running the show and they will do what ever serves them best. Sure U.S. will get a few bones for doing the deed.
3-20-2020 Intel Guru MarkZ [via PDK] [Why hasn’t Iraq released their new rate?] They are waiting for permission to do that. They are positioned…If they gave the rate right now before the banking system is prepared for it…it will be mayhem…. A number of large banks have announced branch closings…maybe this is a good thing…maybe these closed branches will be made into redemption centers which would help speed things up? They have to have the mechanisms in place before they allow Iraq to float or it would be mayhem all over the word as folks try to rush to the banks…not good while they are trying to “socially distance us” due to this Corona virus.
3-20-2020 Newshound Guru MilitiaMan Article: "Officials: The Iraqi financial crisis may make us borrow from the International Monetary Fund again" Alak tells us that they are wanting to meet with the IMF, yet, the out look there looks bleak and may not bear fruit...The IMF (USA) knows that Iraq has value, can pay it's external debts and with imo the long awaited financial reforms; i.e., a "new exchange rate", not the program rate it is presently at!! So getting the IMF to loan them money when they can Re - Instate the IQD to avert the crisis glaring at them. ...Now it looks like the proper pressures are in place and with oil being the last straw... The relief value needs to be opened! imo
3-20-2020 Intel Guru Bruce ...we got word that we did go to level 4 of Martial Law...in the United States...they are primarily in place to guard against looting and other vandalism things that could happen during this time – especially against looting of stores – retail locations and so forth that are closed ...it’s also something that we have that will be in a sense an added security force for us going – so that we are far less likely to encounter an issue or problem while going to our exchanges or coming out of our exchanges and redemption centers...I see it as a very positive thing...ALL banks are closed for four days starting tomorrow (Friday)...they will reopen on Tuesday at regular times...I have heard different things about when we’re going to get started – I have heard from a treasury source that...a kick off day would be Saturday – I’ve heard the possibility of going tomorrow [Friday] or Saturday – I’ve heard that we might not start until after the banks reopen on Tuesday – it’s hard to say right now which it is...
3-20-2020 Newshound/Intel Guru Francis Albert The only way UST reserves of Dinar are worth anything is over time, lots of time, that they will exchange for oil in the ground. Folks thinking a Dinar up swing in value is going to suddenly make the U.S. rich just don't understand. Plus, I believe the deal is for $30 per barrel per Dinar. At this rate, that's a looser. And if IQD goes up and American's exchange Dinar at a bank. The UST ends up with the Dinar because the banks will create the dollars to give to us. That's the only way this thing can work. No where else the dollars can come from. The IQD is a debt instrument, like all currencies, a note. FED and banks monetize debt, (create dollars) in exchange for the note. Also known as QE. And the reason the FED will do that is because they get a cut and UST gets the Dinar for "liberating" Iraq...the spoils of war. And UST sucks Iraqi oil in exchange for Dinar till the end of time.
3-20-2020 Intel Guru MarkZ [via PDK] Still seem to be in a holding pattern as they work through logistics... I hate saying that but it does look good. As we watch the mainstream news you can literally see it playing out right in front of us. I’ve had some interesting calls from different bankers …especially international…they are saying “Did you know the US government has taken over the Central Bank?” ...Well, I love watching it happen.
3-20-2020 Newshound Guru Jeff ...I'm strongly of the opinion that the main event is going to be happening this weekend. That's my opinion from my studies..
3-20-2020 Newshound Guru Pimpy Article "Association of Private Banks: The recent decisions of the Central Bank contribute to increasing electronic commerce" This guy is talking about how they're trying to get away from dealing in cash because they're trying to stop the spread of the coronavirus... Quote "the central bank of Iraq had taken serious measures to encourage citizens to use electronic payments including making commission zero for their merchants when using points of sale for a period of six months starting today...explained that Iraq's citizens can buy with his or hers bank card from inside or outside Iraq without any commissions in addition to using the official exchange rate approved by the central bank and not the exchange rate in the market." Whoa! What the heck does that mean? ...something is happening...
3-20-2020 Newshound/Intel Guru Francis Albert I don't believe PM, stability, investors etc. has anything to do with he Dinar going International. The Dollar Inc. people, IMF and all Central Banks are running the show and they will do what ever serves them best. Sure U.S. will get a few bones for doing the deed.
3-20-2020 Intel Guru MarkZ [via PDK] [Why hasn’t Iraq released their new rate?] They are waiting for permission to do that. They are positioned…If they gave the rate right now before the banking system is prepared for it…it will be mayhem…. A number of large banks have announced branch closings…maybe this is a good thing…maybe these closed branches will be made into redemption centers which would help speed things up? They have to have the mechanisms in place before they allow Iraq to float or it would be mayhem all over the word as folks try to rush to the banks…not good while they are trying to “socially distance us” due to this Corona virus.
3-19-2020 Newshound/Intel Guru Mnt Goat Article: "MUQTADA AL-SADR: TO SHIITE BLOCS - DO NOT INTERFERE IN THE AL-ZORFI CASE .. THIS IS AN IRAQI AFFAIR" This is one of those WOW! articles. Here Sadr is saying to the Shiite blocs to back off and allow Iraq to freely elect a new prime minister and to support him. He alludes to Iran as an “occupier”. This is the first time recently I heard him say this. This is all very good for Iraq and getting this new government done. Let’s hope the Shiites listen to him.
3-19-2020 Newshound Guru Jeff ...Donald Trump told us that the US government has approximately $35 Billion US dollars worth of Iraq dinar in the US reserves. Plus we the investors all hold dinar. Once we go to exchange it through banks and brokers who will eventually turn it to the US Treasury. And all the dinar we have will make it back to the US reserves...what does that mean? As the dinar begins to strengthen and gain value its gonna strengthen the value of the US dollar...right now the US is in one of its worst economic positions it's ever been. All of our financial markets are crashing...the dow this week reached 19,000 points...you would think with how collapsed the US economy is right now that the value of the US dollar would also be down...As of last night the value of the US dollar went above 102 cents...It's at its highest point in three years...this should confirm a lot for you where we're at right now.
3-19-2020 Intel Guru MarkZ [via PDK] [I misplaced receipts on my currency…can I still exchange?] Yes…I am told unless you come in with boxes of it…huge amounts like 100 million dong or 100 million dinar…a crazy amount…they may ask a few questions to make sure you didn’t rob from your neighbor…no funny business…that you are not planning on funding terrorists or drug lords…other then that you should not have a problem.
3-19-2020 Intel Guru Frank26 Al-Zurfi...This man has been with us for over 16 years. He was one of the very first people who went in with the coalition forces. He is American educated. He has dual citizenship. Iraqi and American...he speaks English fluently...100% against totally anti-Iran and Syria...if for some reason he does not step up to the plate as a prime minister and swing for a home run for the citizens and the United States of America - next up. Yes it's that simple...the United States of America will simply say batter up...the United States of America picked Zurfi from a long list of names to work with the citizens and Donald Trump...if for some reason Zurfi acts incorrectly - BOOM within 1 or 2 days he will be replaced. You can now see the pattern...
3-19-2020 Newshound Guru Pimpy ...all kinds of interesting things happening and I'm not talking about the coronavirus. That's right there's other news besides the dang coronavirus...Article "We are watching the oil market to respond to the Iraqi proposal to hold an OPEC meeting". Looks like Iraq is talking to Russia about coming back to the OPEC+ meeting and seeing about ending this oil war.
3-19-2020 Intel Guru MarkZ [via PDK] We are watching everything play out… It will reset…give us sound money to fix this economy and we will see life get back to enjoyment, and better then ever…I see great hope for our future…
3-19-2020 Newshound Guru Jeff ...the last time that the U.S. government gave financial assistance to the U.S. citizens was back when Kuwait reinstated their currency...we could have approximately two checks coming from our own federal government...maybe April 6th and the second one coming around May 18th which would be financial aid for us. That could be after the Iraq RI rate change.
3-19-2020 Newshound Guru Kaperoni A significant RV/RI can never happen Because there is to much dinar in circulation. In excess of 42 trillon. Do you know how much that is? That is more than double the entire worlds money supply and more than double the entire mineral assets of Iraq. The low cost of oil is the only thing that may motivate Iraq to stop depending on oil. I hope it stays low.
3-19-2020 Newshound/Intel Guru Mnt Goat Iraq was able to meet its constitution deadline...March 17th for selection of a new designate to put the government together. Tariq Harb said in a special statement to PUKmedia , on Tuesday 3/17/2020, that Imam Al-Zarfi has a period of 30 days to form a government... I still strongly believe that M. Allawi is going to come back as he will ultimately be asked to come back as the candidate again. I still say Allawi will get a second chance at forming the government. I know this may sound silly but watch this play out. He is our third miracle. There is no one else.
3-19-2020 Newshound Guru Jeff ...Donald Trump told us that the US government has approximately $35 Billion US dollars worth of Iraq dinar in the US reserves. Plus we the investors all hold dinar. Once we go to exchange it through banks and brokers who will eventually turn it to the US Treasury. And all the dinar we have will make it back to the US reserves...what does that mean? As the dinar begins to strengthen and gain value its gonna strengthen the value of the US dollar...right now the US is in one of its worst economic positions it's ever been. All of our financial markets are crashing...the dow this week reached 19,000 points...you would think with how collapsed the US economy is right now that the value of the US dollar would also be down...As of last night the value of the US dollar went above 102 cents...It's at its highest point in three years...this should confirm a lot for you where we're at right now.
3-19-2020 Intel Guru MarkZ [via PDK] [I misplaced receipts on my currency…can I still exchange?] Yes…I am told unless you come in with boxes of it…huge amounts like 100 million dong or 100 million dinar…a crazy amount…they may ask a few questions to make sure you didn’t rob from your neighbor…no funny business…that you are not planning on funding terrorists or drug lords…other then that you should not have a problem.
3-19-2020 Intel Guru Frank26 Al-Zurfi...This man has been with us for over 16 years. He was one of the very first people who went in with the coalition forces. He is American educated. He has dual citizenship. Iraqi and American...he speaks English fluently...100% against totally anti-Iran and Syria...if for some reason he does not step up to the plate as a prime minister and swing for a home run for the citizens and the United States of America - next up. Yes it's that simple...the United States of America will simply say batter up...the United States of America picked Zurfi from a long list of names to work with the citizens and Donald Trump...if for some reason Zurfi acts incorrectly - BOOM within 1 or 2 days he will be replaced. You can now see the pattern...
3-19-2020 Newshound Guru Pimpy ...all kinds of interesting things happening and I'm not talking about the coronavirus. That's right there's other news besides the dang coronavirus...Article "We are watching the oil market to respond to the Iraqi proposal to hold an OPEC meeting". Looks like Iraq is talking to Russia about coming back to the OPEC+ meeting and seeing about ending this oil war.
3-19-2020 Intel Guru MarkZ [via PDK] We are watching everything play out… It will reset…give us sound money to fix this economy and we will see life get back to enjoyment, and better then ever…I see great hope for our future…
3-19-2020 Newshound Guru Jeff ...the last time that the U.S. government gave financial assistance to the U.S. citizens was back when Kuwait reinstated their currency...we could have approximately two checks coming from our own federal government...maybe April 6th and the second one coming around May 18th which would be financial aid for us. That could be after the Iraq RI rate change.
3-19-2020 Newshound Guru Kaperoni A significant RV/RI can never happen Because there is to much dinar in circulation. In excess of 42 trillon. Do you know how much that is? That is more than double the entire worlds money supply and more than double the entire mineral assets of Iraq. The low cost of oil is the only thing that may motivate Iraq to stop depending on oil. I hope it stays low.
3-19-2020 Newshound/Intel Guru Mnt Goat Iraq was able to meet its constitution deadline...March 17th for selection of a new designate to put the government together. Tariq Harb said in a special statement to PUKmedia , on Tuesday 3/17/2020, that Imam Al-Zarfi has a period of 30 days to form a government... I still strongly believe that M. Allawi is going to come back as he will ultimately be asked to come back as the candidate again. I still say Allawi will get a second chance at forming the government. I know this may sound silly but watch this play out. He is our third miracle. There is no one else.
3-18-2020 *** Dinar Guru News Update *** Multiple gurus and major news outlets are reporting a new prime minister has been appointed by Iraqi President Saleh. Parliament was not able to agree on a nominee so Saleh used his constitutional powers to select Adnan Al-Zurfi. He has 30 days to seat his ministers. But there's talk parliament may be dissolved as stated in the constitution since they are unable to agree on a Prime Minister. Zurfi has stated there will be early election within one year of his official appointment... Stay tuned as this evolves and the gurus chime in. The latest guru posts will continue below...
3-18-2020 Intel Guru Bruce We are in a really interesting time right now because I’ve been in this thing going on my 16th year... this thing has evolved – this whole thing has moved forward finally to where we are seeing things happen that we didn’t use to see in the past...we actually heard certain things would happen at this time that are taking place – right now as we speak – and that is a very positive way to look at it...All I can say is the information is good and it's moving and pointing toward things happening for us in the next couple of days...I do feel really good about where we are right now – even in the midst of this corona virus scenario...we are in a very acute period of things happening...
3-18-2020 Newshound Guru Vital Brad Article: "Adnan al-Zurfi as new PM-designate" Salih appointed a new prime minister...he has 30 days to form his cabinet...Mahdi agreed to work the Zurfi to try to get the government set. Seems like there's some urgency...they want their government seated so they can be International recognized currency...they've got to pull it together...if they fail again in the next 30 days on this seating of the government...well potentially Iraq's currency will not be included until next year. I don't know. It's tough to say.
3-18-2020 Intel Guru Okie_Oil_Man ...ON THE INFORMATION FRONT REGARDING OUR BLESSING--I WAS INFORMED THAT I SHOULD BE GIVEN LANDING INSTRUCTIONS BEFORE SATURDAY. "LIKE DE-JA-VUE AGAIN"—-BUT--THE ACTIVITY TAKEN PLACE LAST NIGHT AS WELL AS THIS MORNING MAKES THIS CLEARANCE SEEM NOT ONLY POSSIBLE—BUT PROBABLE...WE ARE COUNTING ON THE INFORMATION THIS TIME REGARDING THE TIMING OF THE EVENT TO BE CORRECT...
3-18-2020 Newshound/Intel Guru Mnt Goat ...Some say this [the Corona virus] is the start of the Global Currency Reset (GCR). ...First, I absolutely DO NOT agree with any future reset or GCR coming. ...Currencies are revaluing everyday and certainly many good ones have opportunities to do so and make you some really good returns on your investment, when they do...
3-18-2020 Intel Guru MarkZ ...Bankers still say we are imminent and they are making provisions on how to do exchanges and take care of everyone’s health. ...We are in a waiting pattern. ...All we can do is watch this all roll out…have good faith that all is happening just as it is supposed to.
3-18-2020 Intel Guru Frank26 ...apparently according to the media they're got these time frames and apparently in about 3 weeks they're gonna reopen the restaurants, the gathering places, the schools. How do they know that in 3 weeks everything's gonna be okay? I think it's because it's tied to the Iraqi dinar timeframe...
3-18-2020 Newshound Guru Adam Montana Article: "The President of the Republic assigns Adnan Al-Zarfi to officially head the government" ...here's a name for you: Adnan Al Zurfi. That's the name of the person just appointed to the Iraqi Prime Minister position. Truthfully, my friends, it's too soon right now to know if he will be the one to ring the bell for us. ...Too early in this to get excited, but I'm happy to see something happening. Let the news roll in!
3-18-2020 Newshound Guru Pimpy ... somebody want to explain to me how it is that you can say the rate is never gonna increase and get up to where it was at one time when in fact it used to be above $2. There's no reason for it not to be reinstated up there again. Now I've made my pitch for why I think it's gonna be $1.34 and I'll stick to it still. Don't get me wrong I would love to see it go up above $2...I would love to see it be reinstated as $3.20/$3.22 rate. The point I'm trying to make is this, the sanctions happened which caused it to lower the rate. It's the 9th wealthiest nation in the world. It has tons of oil reserves as well as a bunch of other raw materials that are just not being tapped into right now. There's no reason for this rate not get back up to where it was before...once they are back onto Forex and people are investing in their currency on a known foreign exchange platform this is gonna benefit...
3-18-2020 Newshound Guru MilitiaMan "Iraq market: stop the organization of trading sessions and trading activity in securities as of tomorrow" Quote: "...the suspension of stock dealings from Tuesday 2020/3/17 to enable brokerage and investment companies to complete financial adjustments between them - starting again on 2020/3/24." Oh!!! Man!!! They have to have things adjusted within that time frame above! Everything needs to be done and dusted by then!!! IOO, they'll do this with Mahdi ioo...in other words we are getting paid!!!
3-18-2020 Newshound Guru Vital Brad Article: "Adnan al-Zurfi as new PM-designate" Salih appointed a new prime minister...he has 30 days to form his cabinet...Mahdi agreed to work the Zurfi to try to get the government set. Seems like there's some urgency...they want their government seated so they can be International recognized currency...they've got to pull it together...if they fail again in the next 30 days on this seating of the government...well potentially Iraq's currency will not be included until next year. I don't know. It's tough to say.
3-18-2020 Intel Guru Okie_Oil_Man ...ON THE INFORMATION FRONT REGARDING OUR BLESSING--I WAS INFORMED THAT I SHOULD BE GIVEN LANDING INSTRUCTIONS BEFORE SATURDAY. "LIKE DE-JA-VUE AGAIN"—-BUT--THE ACTIVITY TAKEN PLACE LAST NIGHT AS WELL AS THIS MORNING MAKES THIS CLEARANCE SEEM NOT ONLY POSSIBLE—BUT PROBABLE...WE ARE COUNTING ON THE INFORMATION THIS TIME REGARDING THE TIMING OF THE EVENT TO BE CORRECT...
3-18-2020 Newshound/Intel Guru Mnt Goat ...Some say this [the Corona virus] is the start of the Global Currency Reset (GCR). ...First, I absolutely DO NOT agree with any future reset or GCR coming. ...Currencies are revaluing everyday and certainly many good ones have opportunities to do so and make you some really good returns on your investment, when they do...
3-18-2020 Intel Guru MarkZ ...Bankers still say we are imminent and they are making provisions on how to do exchanges and take care of everyone’s health. ...We are in a waiting pattern. ...All we can do is watch this all roll out…have good faith that all is happening just as it is supposed to.
3-18-2020 Intel Guru Frank26 ...apparently according to the media they're got these time frames and apparently in about 3 weeks they're gonna reopen the restaurants, the gathering places, the schools. How do they know that in 3 weeks everything's gonna be okay? I think it's because it's tied to the Iraqi dinar timeframe...
3-18-2020 Newshound Guru Adam Montana Article: "The President of the Republic assigns Adnan Al-Zarfi to officially head the government" ...here's a name for you: Adnan Al Zurfi. That's the name of the person just appointed to the Iraqi Prime Minister position. Truthfully, my friends, it's too soon right now to know if he will be the one to ring the bell for us. ...Too early in this to get excited, but I'm happy to see something happening. Let the news roll in!
3-18-2020 Newshound Guru Pimpy ... somebody want to explain to me how it is that you can say the rate is never gonna increase and get up to where it was at one time when in fact it used to be above $2. There's no reason for it not to be reinstated up there again. Now I've made my pitch for why I think it's gonna be $1.34 and I'll stick to it still. Don't get me wrong I would love to see it go up above $2...I would love to see it be reinstated as $3.20/$3.22 rate. The point I'm trying to make is this, the sanctions happened which caused it to lower the rate. It's the 9th wealthiest nation in the world. It has tons of oil reserves as well as a bunch of other raw materials that are just not being tapped into right now. There's no reason for this rate not get back up to where it was before...once they are back onto Forex and people are investing in their currency on a known foreign exchange platform this is gonna benefit...
3-18-2020 Newshound Guru MilitiaMan "Iraq market: stop the organization of trading sessions and trading activity in securities as of tomorrow" Quote: "...the suspension of stock dealings from Tuesday 2020/3/17 to enable brokerage and investment companies to complete financial adjustments between them - starting again on 2020/3/24." Oh!!! Man!!! They have to have things adjusted within that time frame above! Everything needs to be done and dusted by then!!! IOO, they'll do this with Mahdi ioo...in other words we are getting paid!!!
3-17-2020 Newshound Guru Pimpy Article "Saleh assigns Adnan Al-Zarfi to form new Government" I talked about this happening and this should not be surprising. I hope they do this...Mahdi has failed to get anything accomplished while he was there. They had a transitional PM, it really went to crap...what I like about this...they should be dissolving the parliament. Quote: "Article 81...stating that if parliament does not vote for him on whom he chooses that any president of the Republic can dissolve the parliament." ... parliament really is the problem. They're not getting anything accomplished because they refuse to work together...I'm happy they're talking about dissolving the parliament. Let's hope that happens.
3-17-2020 Newshound Guru Jeff ...If anyone goes to exchange their dinar right at a bank there's a very good change you're most likely gonna to pay roughly 1% in exchange fees off the top...that would be their fee. One direction I'm gonna go...I'm probably gonna go through Wells Fargo. They have what's called PCS (Private Client Services). I've already talked to my financial adviser over there and he said...as long as there's enough foreign currency involved he can get me a better exchange rate than a traditional bank branch can. So that's one of the routes and directions I'm gonna go when this does happen... [Speak with your own financial advisors and tax professionals at the appropriate time.]
3-17-2020 Intel Guru MarkZ ...we are still sitting here eating popcorn and watching the show. It is unfolding hot, and heavy and hard...They have to reset the currency now…they have nothing left…there is nothing you or I can do but watch it play out. [...they have appointed a new PM in Iraq. Has 30 days to appoint cabinet.] I heard that…I heard from one contact in Iraq who says they expect to start depegging on Wed. of their currency…that may be the “go” for us...
3-17-2020 Newshound Guru Pimpy ...it's interesting that the Iraq Stock Exchange said it will not organize trading sessions and stop trading activities in securities as of tomorrow...I saw another article that said they would not reopen until March 22nd...Is that a date that just keeps magically popping up?... I do know the stock exchange has stopped its activity. Why? That's a good question. They're gonna say it's the oil crisis but even so that shouldn't stop people from going ahead and working with the stock exchange as far as buying from home...Does this mean anything? Maybe they are making the adjustments for the new rate.
3-17-2020 Intel Guru RayRen98 President Salih appoints Adnan Al Zurfi as Prime Minister designate. He now has 30 days to form his cabinet which he must then put to a vote of confidence in Iraq's fractious Parliament. The US approves him...he was verbally against the political leaders not listening to the demands of the citizens. Al Zurfi was a former official of the US-run authorities that took over Iraq after the 2003 US invasion that deposed former ruler Saddam Hussein. Al Zurfi has deep ties that favor the US and he may face a very difficult time from the blocs.
3-17-2020 Newshound Guru Jeff As of Tuesday the 17th they'll be stopping trading [ISX stock exchange]...Remember the stock market uses the rate for trading so they need to stop trading to give them time to change the rate. Just more confirmation...They're gonna stop trading as of today the 17th and then they're going to resume on the 24th.
3-17-2020 Newshound Guru BobTheTaxMan As you have probably seen, the situation in Iraq is getting desperate. Oil prices are below $30 now, they are cutting all government employees income by half, and their government is scrambling to come up with an answer. While they can not broadcast anticipating a gain in their currency to the public, every indicator is they are seriously considering that option. (At least that would make the most sense.)...
3-17-2020 Intel Guru Frank26 Question What's the next thing that we should look for? The GOI to make a move or will the CBI go on with the reinstatement instead of waiting for the GOI to catch up? ...I'm looking for the new Prime Minister. And I hope with a budget and a rate and if not I'm looking for the Prime Minister and then I want him to show me his cabinet...[then] how about now we get the new rate for the budget...
3-17-2020 Newshound Guru Jeff ...If anyone goes to exchange their dinar right at a bank there's a very good change you're most likely gonna to pay roughly 1% in exchange fees off the top...that would be their fee. One direction I'm gonna go...I'm probably gonna go through Wells Fargo. They have what's called PCS (Private Client Services). I've already talked to my financial adviser over there and he said...as long as there's enough foreign currency involved he can get me a better exchange rate than a traditional bank branch can. So that's one of the routes and directions I'm gonna go when this does happen... [Speak with your own financial advisors and tax professionals at the appropriate time.]
3-17-2020 Intel Guru MarkZ ...we are still sitting here eating popcorn and watching the show. It is unfolding hot, and heavy and hard...They have to reset the currency now…they have nothing left…there is nothing you or I can do but watch it play out. [...they have appointed a new PM in Iraq. Has 30 days to appoint cabinet.] I heard that…I heard from one contact in Iraq who says they expect to start depegging on Wed. of their currency…that may be the “go” for us...
3-17-2020 Newshound Guru Pimpy ...it's interesting that the Iraq Stock Exchange said it will not organize trading sessions and stop trading activities in securities as of tomorrow...I saw another article that said they would not reopen until March 22nd...Is that a date that just keeps magically popping up?... I do know the stock exchange has stopped its activity. Why? That's a good question. They're gonna say it's the oil crisis but even so that shouldn't stop people from going ahead and working with the stock exchange as far as buying from home...Does this mean anything? Maybe they are making the adjustments for the new rate.
3-17-2020 Intel Guru RayRen98 President Salih appoints Adnan Al Zurfi as Prime Minister designate. He now has 30 days to form his cabinet which he must then put to a vote of confidence in Iraq's fractious Parliament. The US approves him...he was verbally against the political leaders not listening to the demands of the citizens. Al Zurfi was a former official of the US-run authorities that took over Iraq after the 2003 US invasion that deposed former ruler Saddam Hussein. Al Zurfi has deep ties that favor the US and he may face a very difficult time from the blocs.
3-17-2020 Newshound Guru Jeff As of Tuesday the 17th they'll be stopping trading [ISX stock exchange]...Remember the stock market uses the rate for trading so they need to stop trading to give them time to change the rate. Just more confirmation...They're gonna stop trading as of today the 17th and then they're going to resume on the 24th.
3-17-2020 Newshound Guru BobTheTaxMan As you have probably seen, the situation in Iraq is getting desperate. Oil prices are below $30 now, they are cutting all government employees income by half, and their government is scrambling to come up with an answer. While they can not broadcast anticipating a gain in their currency to the public, every indicator is they are seriously considering that option. (At least that would make the most sense.)...
3-17-2020 Intel Guru Frank26 Question What's the next thing that we should look for? The GOI to make a move or will the CBI go on with the reinstatement instead of waiting for the GOI to catch up? ...I'm looking for the new Prime Minister. And I hope with a budget and a rate and if not I'm looking for the Prime Minister and then I want him to show me his cabinet...[then] how about now we get the new rate for the budget...
3-16-2020 Newshound Guru Jeff Article: "The Iraqi market stops the organization of trading sessions and trading activity in securities as of tomorrow" That would mean Tuesday...one of the things we've been looking for them to stop the ISX...they did not tell us how long trading will be stopped or ended for what period of time and we would need to know but...as we approach or reach the rate change one of the things we've always looked for is for them to end trading in close proximity to the rate change. Reason why is they can't really change the rate while the markets are open because the markets work off of the rate...They are trading off the value of the currency. We've always looked for them to shut down the stock market...as kind of prelude...beginning point...
3-16-2020 Intel Guru Delta Article: "Iraq market: stop the organization of trading sessions and trading activity in securities as of tomorrow" Quote: "...the suspension of stock dealings from Tuesday 2020/3/17 to enable brokerage and investment companies to complete financial adjustments between them - starting again on 2020/3/24." THEY LET THE CAT OUT OF THE BAG...THEY ARE SAYING THEY ARE CLOSING TRADING FOR ONE WEEK BECAUSE OF CORONA...THEN THEY ARE SAYING COMPANIES TO COMPLETE FINANCIAL ADJUSTMENT...ANOTHER HUGE AND AMAZING ARTICLE...
3-16-2020 Newshound Guru Pimpy It's really weird in our community. Not a lot of people are talking and here's my theory on this and that is we know it's coming close to crunch time. A lot of people have pulled the trigger saying this rate change is gonna happen at the end of March or sometime in the beginning of April. And this isn't just one dinar guru there's been several. I told you before I felt this same way in that something is gonna happen by the end of March maybe no later than the beginning of April...
3-16-2020 Intel Guru Footforward I believe the RV is actually a Trump card...no pun intended and Trump is waiting for the precise moment to release the RV when it's going to have the best affect to counteract this attack that has come on the financial system. I'm actually really encouraged as much as things look like they suck right now. ...What I'm looking for next in regards to the dinar ...is for the dow to get to 20,000 again...really good chance it happens around March 20th...to be clear I don't know that the RV happens on March 20th...I actually don't think the RV happens on that date. To be clear, I don't think we are far off.
3-16-2020 Intel Guru MarkZ Bankers are convinced this is still happening soon… My banking contacts still think we could have money as soon as tomorrow…but they thought that last week too…Military contacts are saying it could happen anytime between now and April 1st… I tend to believe them a little more because what they are looking at… I am hopeful we will see Leprechauns and pots of gold on St. Patricks day…
3-16-2020 Intel Guru Frank26 ...Trump said "I think we are going to have a tremendous bounce when this is over." ...that recoil affect. That boomerang effect. That slingshot effect. IMO I really think Trump talked to the markets and he said just pull back and hold on. Once this coronavirus thing is over and done with and the democrats are done exaggerating and the media finally finished their nonsense let's get back to work. In fact IMO...what if we reward a few counties? ...what if we allow a few countries to go ahead and raise the value of their currencies starting with Iraq? Wow! ...we have 330 million Americans in the United States. How many of them you think now have dinar? Man we are going to rock the world!
3-16-2020 Newshound Guru Jeff Article "Legal Expert: After the failure of the seven committee...constitutionally Salih takes over the Prime Minister with his full powers" The president will act as the prime minister. So they have a stable government. Good. That's all we need. So they do have an acting prime minister...
3-16-2020 Newshound Guru Jeff The Trump administration is in charge of everything right now IMO. He picked this to happen shortly before the US elections. He can use this as a tool to promote himself on a strong economy for re-election...
3-16-2020 Newshound Guru MilitiaMan Well, the dinar has been clearly been given the green light to move. The auctions are to stop, and the value of the IQD is to rise, NSCNs and coins are said to be in place where they will be needed, Alak Gov at the CBI has been effectively announcing the need to raise the value of the IQD over the last few days, etc... The COV-19 is deadly to some as it can be, it is nothing compared to past bugs in shear volume or statistical numbers, therefore, the nature of the hysteria, may be used to hide and usher in the new beginnings and with that a RI with the IQD will help support that bounce Trump has so kindly given us hope for... Lets all hang in there and pray we are truly witnessing a blessing well deserved by us all. We shall see. imo.
3-16-2020 Intel Guru Delta Article: "Iraq market: stop the organization of trading sessions and trading activity in securities as of tomorrow" Quote: "...the suspension of stock dealings from Tuesday 2020/3/17 to enable brokerage and investment companies to complete financial adjustments between them - starting again on 2020/3/24." THEY LET THE CAT OUT OF THE BAG...THEY ARE SAYING THEY ARE CLOSING TRADING FOR ONE WEEK BECAUSE OF CORONA...THEN THEY ARE SAYING COMPANIES TO COMPLETE FINANCIAL ADJUSTMENT...ANOTHER HUGE AND AMAZING ARTICLE...
3-16-2020 Newshound Guru Pimpy It's really weird in our community. Not a lot of people are talking and here's my theory on this and that is we know it's coming close to crunch time. A lot of people have pulled the trigger saying this rate change is gonna happen at the end of March or sometime in the beginning of April. And this isn't just one dinar guru there's been several. I told you before I felt this same way in that something is gonna happen by the end of March maybe no later than the beginning of April...
3-16-2020 Intel Guru Footforward I believe the RV is actually a Trump card...no pun intended and Trump is waiting for the precise moment to release the RV when it's going to have the best affect to counteract this attack that has come on the financial system. I'm actually really encouraged as much as things look like they suck right now. ...What I'm looking for next in regards to the dinar ...is for the dow to get to 20,000 again...really good chance it happens around March 20th...to be clear I don't know that the RV happens on March 20th...I actually don't think the RV happens on that date. To be clear, I don't think we are far off.
3-16-2020 Intel Guru MarkZ Bankers are convinced this is still happening soon… My banking contacts still think we could have money as soon as tomorrow…but they thought that last week too…Military contacts are saying it could happen anytime between now and April 1st… I tend to believe them a little more because what they are looking at… I am hopeful we will see Leprechauns and pots of gold on St. Patricks day…
3-16-2020 Intel Guru Frank26 ...Trump said "I think we are going to have a tremendous bounce when this is over." ...that recoil affect. That boomerang effect. That slingshot effect. IMO I really think Trump talked to the markets and he said just pull back and hold on. Once this coronavirus thing is over and done with and the democrats are done exaggerating and the media finally finished their nonsense let's get back to work. In fact IMO...what if we reward a few counties? ...what if we allow a few countries to go ahead and raise the value of their currencies starting with Iraq? Wow! ...we have 330 million Americans in the United States. How many of them you think now have dinar? Man we are going to rock the world!
3-16-2020 Newshound Guru Jeff Article "Legal Expert: After the failure of the seven committee...constitutionally Salih takes over the Prime Minister with his full powers" The president will act as the prime minister. So they have a stable government. Good. That's all we need. So they do have an acting prime minister...
3-16-2020 Newshound Guru Jeff The Trump administration is in charge of everything right now IMO. He picked this to happen shortly before the US elections. He can use this as a tool to promote himself on a strong economy for re-election...
3-16-2020 Newshound Guru MilitiaMan Well, the dinar has been clearly been given the green light to move. The auctions are to stop, and the value of the IQD is to rise, NSCNs and coins are said to be in place where they will be needed, Alak Gov at the CBI has been effectively announcing the need to raise the value of the IQD over the last few days, etc... The COV-19 is deadly to some as it can be, it is nothing compared to past bugs in shear volume or statistical numbers, therefore, the nature of the hysteria, may be used to hide and usher in the new beginnings and with that a RI with the IQD will help support that bounce Trump has so kindly given us hope for... Lets all hang in there and pray we are truly witnessing a blessing well deserved by us all. We shall see. imo.
3-15-2020 Newshound Guru Jeff What are we waiting on? What have been the holdups? ...there's a lot more to the coronavirus than just a virus...when the rate does change its gonna spike the US markets...IMO they had to use the coronavirus...to bring the markets down so when the rate does change it can shoot back up....
3-15-2020 Intel Guru RayRen98 Iraqi TV in Baghdad is broadcasting that a Prime Minister candidate will be named TODAY and all parties will agree.
3-15-2020 Newshound Guru Pimpy Article: "Reducing the Iraqi dinar exchange rate - determinants and alternatives" ...what they're saying is if you devalue the Iraqi dinar then its gonna kill them on imports...They have to spend more money for raw materials. That's not what they need...they need to increase the value of the Iraqi dinar so that they could get the raw materials needed to rebuild that country. If you decrease it it's only gonna hurt them. It's gonna cause inflation because I'm gonna have to produce more money in order to buy more materials...if oil prices are dropping and it's causing your deficit to go up. If it's causing your budget deficit to increase why would you then turn around and lower the value of your currency? That doesn't make sense...It goes on to say why the hell would Iraq lower their exchange rate that's the opposite of what they should be doing. I'm gonna agree with this article...they go on to make this case that decreasing the value of the currency is the wrong move. It should be increased...
3-15-2020 Newshound Guru G-Lin Article: "Al-Asadi: Tonight, the name of the prime minister will be announced" Quotes: "The head of the "Sanad" parliamentary bloc, Ahmed Al-Asadi, announced on Sunday that tonight the name of the prime minister will be announced."; "in the coming hours, the Seven Committee will decide its decision regarding choosing the appropriate person to form the interim government and submit it for final approval." Looks like a new P.M. maybe.
3-15-2020 Newshound Guru chattels "Floating the currency is never going to create any meaningful return on the IQD investment." is a position that makes good sense to me. I expect that many would likely sell out with a very modest return on their investment. If one had enough dinar to sell some and "get healthy " or even and wait for an uncertain future then maybe such is a workable wealth plan with a float of the currency. Otherwise my expectation is that Iraq alone is too much of a mess and we must hope for some larger macroeconomic event that may inure to the benefit of the IQD.
3-15-2020 Intel Guru Frank26 ...They are to lift the value of the Iraqi dinar so that it can be on par with the American dollar not just at one to one but beyond. That's the plan.
3-15-2020 Newshound Guru Jeff Article: "Urgent: The seven committee selects Naim Al-Suhail as a candidate for Prime Minister" Supposedly they have a committee of 7 members and supposedly they've named this gentleman Al-Suhail as a candidate for prime minister...we'll see if they can actually make that announcement Monday supposedly the deadline to appoint a nominee for the Prime Minister. Either way I'm not too concerned about the political process. Remember the Central Bank is completely autonomous from the government itself...the Central Bank has been in communication with the Trump Administration...From all of Iraq's actions in all of '19 they showed us they were setting the stage for this. In greater depth they showed us they were setting the stage for this in Q1 of this year. Iraq has showed us and revealed to us from their steps and factual actions they are ready...
3-15-2020 Intel/Newshound Guru sandyf ...It would be delusional to think that Iraq meets the IMF guidelines for a successful transition. Iraq is in a desperate situation, as was Egypt when the IMF forced the transition as a devaluation mechanism. If Iraq follows the same path it will join Egypt on the list of disorderly transitions with the IQD taking many years to regain the value it has now. Floating the currency is never going to create any meaningful return on the IQD investment.
3-15-2020 Newshound Guru Pimpy For those of you who didn't hear about this. There was a bombing that took place in Iraq. It killed a British citizen along with two American citizens...I told you the response would be quick and swift. This is not your normal president administration. This is the Trump administration and when you kill an American citizen this man does not play around...His responses are very quick, precise and accurate. This guy has removed more terrorists leaders than any other president. It's not a good time to be in a terrorist business. The United States carried out airstrikes over 5 locations across Iraq against Iran backed militia groups that killed 2 Americans and 1 UK citizen...the more Trump removes the Iranian influence out of Iraq the better off we are as dinar holders...
3-15-2020 Intel Guru RayRen98 Iraqi TV in Baghdad is broadcasting that a Prime Minister candidate will be named TODAY and all parties will agree.
3-15-2020 Newshound Guru Pimpy Article: "Reducing the Iraqi dinar exchange rate - determinants and alternatives" ...what they're saying is if you devalue the Iraqi dinar then its gonna kill them on imports...They have to spend more money for raw materials. That's not what they need...they need to increase the value of the Iraqi dinar so that they could get the raw materials needed to rebuild that country. If you decrease it it's only gonna hurt them. It's gonna cause inflation because I'm gonna have to produce more money in order to buy more materials...if oil prices are dropping and it's causing your deficit to go up. If it's causing your budget deficit to increase why would you then turn around and lower the value of your currency? That doesn't make sense...It goes on to say why the hell would Iraq lower their exchange rate that's the opposite of what they should be doing. I'm gonna agree with this article...they go on to make this case that decreasing the value of the currency is the wrong move. It should be increased...
3-15-2020 Newshound Guru G-Lin Article: "Al-Asadi: Tonight, the name of the prime minister will be announced" Quotes: "The head of the "Sanad" parliamentary bloc, Ahmed Al-Asadi, announced on Sunday that tonight the name of the prime minister will be announced."; "in the coming hours, the Seven Committee will decide its decision regarding choosing the appropriate person to form the interim government and submit it for final approval." Looks like a new P.M. maybe.
3-15-2020 Newshound Guru chattels "Floating the currency is never going to create any meaningful return on the IQD investment." is a position that makes good sense to me. I expect that many would likely sell out with a very modest return on their investment. If one had enough dinar to sell some and "get healthy " or even and wait for an uncertain future then maybe such is a workable wealth plan with a float of the currency. Otherwise my expectation is that Iraq alone is too much of a mess and we must hope for some larger macroeconomic event that may inure to the benefit of the IQD.
3-15-2020 Intel Guru Frank26 ...They are to lift the value of the Iraqi dinar so that it can be on par with the American dollar not just at one to one but beyond. That's the plan.
3-15-2020 Newshound Guru Jeff Article: "Urgent: The seven committee selects Naim Al-Suhail as a candidate for Prime Minister" Supposedly they have a committee of 7 members and supposedly they've named this gentleman Al-Suhail as a candidate for prime minister...we'll see if they can actually make that announcement Monday supposedly the deadline to appoint a nominee for the Prime Minister. Either way I'm not too concerned about the political process. Remember the Central Bank is completely autonomous from the government itself...the Central Bank has been in communication with the Trump Administration...From all of Iraq's actions in all of '19 they showed us they were setting the stage for this. In greater depth they showed us they were setting the stage for this in Q1 of this year. Iraq has showed us and revealed to us from their steps and factual actions they are ready...
3-15-2020 Intel/Newshound Guru sandyf ...It would be delusional to think that Iraq meets the IMF guidelines for a successful transition. Iraq is in a desperate situation, as was Egypt when the IMF forced the transition as a devaluation mechanism. If Iraq follows the same path it will join Egypt on the list of disorderly transitions with the IQD taking many years to regain the value it has now. Floating the currency is never going to create any meaningful return on the IQD investment.
3-15-2020 Newshound Guru Pimpy For those of you who didn't hear about this. There was a bombing that took place in Iraq. It killed a British citizen along with two American citizens...I told you the response would be quick and swift. This is not your normal president administration. This is the Trump administration and when you kill an American citizen this man does not play around...His responses are very quick, precise and accurate. This guy has removed more terrorists leaders than any other president. It's not a good time to be in a terrorist business. The United States carried out airstrikes over 5 locations across Iraq against Iran backed militia groups that killed 2 Americans and 1 UK citizen...the more Trump removes the Iranian influence out of Iraq the better off we are as dinar holders...
3-14-2020 Intel Guru Delta Article: "The Governor of the Central Bank, Ali Al-Alaq, revealed today, Saturday, that Iraq's external debts amount to about 23 billion dollars, while internal debts amount to about 40 trillion Iraqi dinars" Quotes: "Al-Alaq said in his study on "Reducing the Iraqi dinar exchange rate, determinants and alternatives,"; “If the country is The debtor pays in its national currency (wink), because it pays the same amount of debts and interest." ...ALAQ...IMO...HE IS GOING TO DO IT...WOW MORE CONFIRMATION...
3-14-2020 Intel Guru Frank26 Their goal was to talk to the citizens of Iraq and to answer their question about the monetary reform and the Q & A broadcast was going to be pro monetary reform. Low and behold look at the government...tell them no to all the nonsense that the Iranian people put out there...And then 3 days ago you have the government of Iraq coming out and also talking. You had Allawi got everything set up. Didn't he say we're doing something with the exchange rate. We're now going to revisit the dollar in the auctions. Golly these are perfect magic sentences-statements we've dreamed about...
3-14-2020 Intel Guru Vital Brad Mahdi is potentially gonna be the prime minister again...the US administration supports Mahdi being back in government...there are people out there who don't like Mahdi but I see Mahdi getting things done. I really see him as pretty level-headed...he's very optimistic about Iraq...
3-14-2020 Intel Guru Delta They know the CBI is about to do something. So this is going to come to the wire. So starting...Sunday morning...maybe next week or so...the Central Bank of Iraq is going to do something. They have to. They are right on the bridge of collapsing. By the way the Central bank of Iraq has done a tremendous job...
3-14-2020 Intel Guru Frank26 ...CBI came out two days ago...remember when I told you the CBI would continue the ongoing education of the monetary reform of the Iraqi dinar? Remember I told you it was really important this education was brought to them? ...it's been coming out piece by piece from the GOI to the CBI...the whole concept is we're going to teach the citizens that the whole concept of devaluing the Iraqi dinar is stupid...and that's Allaq the governor of the CBI...
3-14-2020 Newshound Guru G-Lin Article: "Former minister: Iraqi dinar on the way to "float" Quote: "The former minister, Amer Abdul-Jabbar, confirmed today, Wednesday, that the Iraqi dinar is on the way to floating..." ...I think they are trying to create a level trading field at the borders with other countries. International trading. That's the goal. But in order to do that they must curtail the corruption. They want and need to limit imports and make Iraq self sufficient. That would increase the currency value imo. And it would need to float. But how strange to see a float art. at this turbulent time. ...Oil tanking, virus running a mock globally, incomplete Gov., additional bombing of Taji base yesterday with U.S. and ally casualties, and, and, and...the list goes on. ...I would think this would be the worst time ever to float their currency...but who knows?
3-14-2020 Newshound Guru MilitiaMan Article: "Reducing the Iraqi dinar exchange rate – determinants and alternatives" This is effectively the opposite of the plan. The why and why not to devalue. ...the CBI has explained they are not going to devalue for many reasons. The thing I like is that they use the reasons that support the opposite to occur. They haven't come this far with the reforms to devalue. They are not of the mind at this juncture to hurt the citizens. That imo would be suicide. They clearly see that revenues are in a pinch with oil down. Therefore, imo with out them saying as much they are saying with out saying they are going to raise the value. The negative side of the equation, is devaluation, the positive side is revaluation, imo.. They have the money printed and ready to go, they have the tools in place to facilitate the transition...imo...
3-14-2020 Intel Guru Frank26 Their goal was to talk to the citizens of Iraq and to answer their question about the monetary reform and the Q & A broadcast was going to be pro monetary reform. Low and behold look at the government...tell them no to all the nonsense that the Iranian people put out there...And then 3 days ago you have the government of Iraq coming out and also talking. You had Allawi got everything set up. Didn't he say we're doing something with the exchange rate. We're now going to revisit the dollar in the auctions. Golly these are perfect magic sentences-statements we've dreamed about...
3-14-2020 Intel Guru Vital Brad Mahdi is potentially gonna be the prime minister again...the US administration supports Mahdi being back in government...there are people out there who don't like Mahdi but I see Mahdi getting things done. I really see him as pretty level-headed...he's very optimistic about Iraq...
3-14-2020 Intel Guru Delta They know the CBI is about to do something. So this is going to come to the wire. So starting...Sunday morning...maybe next week or so...the Central Bank of Iraq is going to do something. They have to. They are right on the bridge of collapsing. By the way the Central bank of Iraq has done a tremendous job...
3-14-2020 Intel Guru Frank26 ...CBI came out two days ago...remember when I told you the CBI would continue the ongoing education of the monetary reform of the Iraqi dinar? Remember I told you it was really important this education was brought to them? ...it's been coming out piece by piece from the GOI to the CBI...the whole concept is we're going to teach the citizens that the whole concept of devaluing the Iraqi dinar is stupid...and that's Allaq the governor of the CBI...
3-14-2020 Newshound Guru G-Lin Article: "Former minister: Iraqi dinar on the way to "float" Quote: "The former minister, Amer Abdul-Jabbar, confirmed today, Wednesday, that the Iraqi dinar is on the way to floating..." ...I think they are trying to create a level trading field at the borders with other countries. International trading. That's the goal. But in order to do that they must curtail the corruption. They want and need to limit imports and make Iraq self sufficient. That would increase the currency value imo. And it would need to float. But how strange to see a float art. at this turbulent time. ...Oil tanking, virus running a mock globally, incomplete Gov., additional bombing of Taji base yesterday with U.S. and ally casualties, and, and, and...the list goes on. ...I would think this would be the worst time ever to float their currency...but who knows?
3-14-2020 Newshound Guru MilitiaMan Article: "Reducing the Iraqi dinar exchange rate – determinants and alternatives" This is effectively the opposite of the plan. The why and why not to devalue. ...the CBI has explained they are not going to devalue for many reasons. The thing I like is that they use the reasons that support the opposite to occur. They haven't come this far with the reforms to devalue. They are not of the mind at this juncture to hurt the citizens. That imo would be suicide. They clearly see that revenues are in a pinch with oil down. Therefore, imo with out them saying as much they are saying with out saying they are going to raise the value. The negative side of the equation, is devaluation, the positive side is revaluation, imo.. They have the money printed and ready to go, they have the tools in place to facilitate the transition...imo...
3-13-2020 Newshound/Intel Guru Mnt Goat The drama of selecting a new prime minister continues...The corona virus is not helping either. Just this week an economist came out and said they should put the dinar on a float. Really? We know this will never happen until they are ready to also raise the rate and get out of these auctions and artificially held down rate. ...we have read already many, many articles on the pros and cons of going on a float just inside Iraq. The key is they can not do it “just inside Iraq”. It can not ever happen since the IQD is on a fixed de-facto peg to the US dollar. ...This info alone should nullify such requests by these economists. Yes, the CBI has adjusted the exchange rate from time to time for inflation. This is all they are allowed to do. But this is not a “float”. A float is based on market demand and floats are on an exchange where investors can come in and buy and sell. This will never happen on the artificial rate and process of the currency auctions window at the bank. It is all just talk, talk and more BS from people not responsible for the monetary policy of Iraq or who know how to manage monetary policies for countries.
3-13-2020 Newshound Guru Pimpy ...I did find out Iraq is not under sanctions anymore...I think what we're waiting for is the United Nations moving them out of Ch 7 into Ch 8. Recognize the currency internationally so that it would add a lot of value to the Iraqi dinar for them to be able to start doing business on a more International level...
3-13-2020 Newshound Guru Kaperoni [Guru] sandyf...For the most part you are correct. [reference Guru sandyf post 3-13-2020] Iraq could accept Article VIII, but fear plays a part since it is a one way decision. The IMF does not allow a country to return to Article XIV once accepting VIII. I...expect sooner or later if they want to diversify their resources they will accept it. As for floating the currency, it is the natural progression to get off the peg once they create the conditions for a private sector/market economy. That would be called an "orderly exit." Currently, due to a lack of a prime minister, a cabinet, the laws needed along with low oil and Coronavirus it is creating the "perfect storm" for Iraq's economy and speeding up the transition. In fact, often called a "disorderly exit." I am not a fan of this situation but it is what it is and we will have to see what the CBI decided to do...wait for the perfect conditions or just throw the oars in the water and row for a few months until this passes. ...I do expect if they choose this now for it to devalue some, but not much or for very long. Predictions are 1300-1350 to $1. One thing is for certain though. There is no RV or RI about to happen...
3-13-2020 Intel Guru Bruce I’m not going to call it but everything that we’ve got is pointing to...(Friday) - I’m just saying, that’s what I’m getting... My understanding is things are really good – we know that the redemption centers are staffed and going in early tomorrow [Friday]...and I think we’re going to be in good shape if we just stay with this a little bit longer – may not be much longer either...I feel good about what I’m hearing...
3-13-2020 Newshound Guru Adam Montana ...The world, and the world markets, are treating the Corona Virus as if it were a full blown pandemic - so, whether it deserves to be treated that way or not - that's what we are dealing with. OIL is down to about $30....Stocks... don't even get me started on the markets... Iraq is vulnerable to all of these things, just like the rest of the world - and on top of that, they are dealing with a Prime Minister issue. In spite of all that... guess who's not going anywhere? Iraq, you, and me. We aren't going anywhere...
3-13-2020 Newshound Guru Vital Brad There's just too many thing right now pointing to what we've been waiting for. Here we are beginning of March a lot of people say in March is gonna be a really big month hoping for a reinstatement of their currency. Coming up on the beginning of the second quarter April 1st - potentially a time when they can transition to a new fiscal calendar. March through April is gonna be really interesting to see what happens here in the next little bit. Things are getting exciting over there. You definitely want to stay tuned...
3-13-2020 Intel Guru MarkZ We are sitting here positioned…everything is ready…noone has been paid yet… [Will the IQD float today?] We are told the IQD is supposed to unpeg from the US dollar and start floating today…we are watching it closely. I think today will be an evolving news day.
3-13-2020 Intel/Newshound Guru sandyf ...I read the IMF publications...The IMF started a concerted effort in the mid 90's to get countries into Art 8, but to date Iraq and about 16 others have resisted the pressure. If Iraq wanted to be in Art 8, it could do so very quickly. At the end of the day the so called auctions are related to Iraqi revenue and as long as the revenue is foreign currency based the auctions will remain. Floating the currency is always an option to any country, when the currency is in trouble it is often seen as preferable to multiple devaluations. Iraq is being pushed along the same road as Egypt and that currency lost 50% of it's value overnight.
3-13-2020 Newshound Guru Pimpy ...right now the dinar is pegged. That's a fixed exchange rate against the U.S. dollar...if it floats then what determines its value is gonna be based on supply and demand and market...this is good. As Iraq gets their crap together and the better they do the more valuable the currency becomes...we want this. We've been saying this for a long time. We need them to unpeg from the U.S. dollar which is a fixed exchange rate. Which is manipulated by the government and we want them to go into a floating exchange rate...just like that it can jump up in value...if we get this you'd be surprised what will happen to the dinar once the government is established. Once they're stable and there's no more protesting the dinar would just keep going up and up...[Post 2 of 2]
3-13-2020 Newshound Guru Pimpy Is this right? Is there an article out there saying that we finally have Iraq heading towards a floating rate? This can't be? When I found out about this I almost lost my poop... Article: "Former Minister: Iraqi Dinar On The Way To "Float". ...we want the Iraqi dinar to float. Yes we do! This article says for the purpose of reducing its value. That's not the case. Quote: "The former minister, Jabbar, confirmed today, Wednesday, that the Iraqi dinar is on the way to floating..." ...this is good news believe it or not. I'm not talking about how the dinar is gonna lower in rate... [Post 1 of 2....stay tuned]
3-13-2020 Newshound Guru Kaperoni Can I tool [toot ?] my own horn? Ok here you go...Article: "Former minister: Iraqi dinar on the way to "float" Quote: "the Iraqi dinar is on its way to float (i.e. reduce its value), and the Iraqi government may have to increase the exchange rate of the dollar to 1250 dinars against the dollar in order to obtain additional funds estimated at 4 trillion dinars in the budget and this matter is positive because it will allow encouraging the national industry because it will raise the value Imported goods and makes domestic competitive." Maybe some of you will study monetary policy now... I do agree that under the current conditions it will probably devalue the dinar. That is why I have stated numerous times that is important that they create the conditions to launch a market economy first. If Iraq wants to succeed at raising the value they need to create a market economy, have a gov in place, cabinet and pass laws that investors will come and participate.
3-13-2020 Newshound Guru Pimpy ...I did find out Iraq is not under sanctions anymore...I think what we're waiting for is the United Nations moving them out of Ch 7 into Ch 8. Recognize the currency internationally so that it would add a lot of value to the Iraqi dinar for them to be able to start doing business on a more International level...
3-13-2020 Newshound Guru Kaperoni [Guru] sandyf...For the most part you are correct. [reference Guru sandyf post 3-13-2020] Iraq could accept Article VIII, but fear plays a part since it is a one way decision. The IMF does not allow a country to return to Article XIV once accepting VIII. I...expect sooner or later if they want to diversify their resources they will accept it. As for floating the currency, it is the natural progression to get off the peg once they create the conditions for a private sector/market economy. That would be called an "orderly exit." Currently, due to a lack of a prime minister, a cabinet, the laws needed along with low oil and Coronavirus it is creating the "perfect storm" for Iraq's economy and speeding up the transition. In fact, often called a "disorderly exit." I am not a fan of this situation but it is what it is and we will have to see what the CBI decided to do...wait for the perfect conditions or just throw the oars in the water and row for a few months until this passes. ...I do expect if they choose this now for it to devalue some, but not much or for very long. Predictions are 1300-1350 to $1. One thing is for certain though. There is no RV or RI about to happen...
3-13-2020 Intel Guru Bruce I’m not going to call it but everything that we’ve got is pointing to...(Friday) - I’m just saying, that’s what I’m getting... My understanding is things are really good – we know that the redemption centers are staffed and going in early tomorrow [Friday]...and I think we’re going to be in good shape if we just stay with this a little bit longer – may not be much longer either...I feel good about what I’m hearing...
3-13-2020 Newshound Guru Adam Montana ...The world, and the world markets, are treating the Corona Virus as if it were a full blown pandemic - so, whether it deserves to be treated that way or not - that's what we are dealing with. OIL is down to about $30....Stocks... don't even get me started on the markets... Iraq is vulnerable to all of these things, just like the rest of the world - and on top of that, they are dealing with a Prime Minister issue. In spite of all that... guess who's not going anywhere? Iraq, you, and me. We aren't going anywhere...
3-13-2020 Newshound Guru Vital Brad There's just too many thing right now pointing to what we've been waiting for. Here we are beginning of March a lot of people say in March is gonna be a really big month hoping for a reinstatement of their currency. Coming up on the beginning of the second quarter April 1st - potentially a time when they can transition to a new fiscal calendar. March through April is gonna be really interesting to see what happens here in the next little bit. Things are getting exciting over there. You definitely want to stay tuned...
3-13-2020 Intel Guru MarkZ We are sitting here positioned…everything is ready…noone has been paid yet… [Will the IQD float today?] We are told the IQD is supposed to unpeg from the US dollar and start floating today…we are watching it closely. I think today will be an evolving news day.
3-13-2020 Intel/Newshound Guru sandyf ...I read the IMF publications...The IMF started a concerted effort in the mid 90's to get countries into Art 8, but to date Iraq and about 16 others have resisted the pressure. If Iraq wanted to be in Art 8, it could do so very quickly. At the end of the day the so called auctions are related to Iraqi revenue and as long as the revenue is foreign currency based the auctions will remain. Floating the currency is always an option to any country, when the currency is in trouble it is often seen as preferable to multiple devaluations. Iraq is being pushed along the same road as Egypt and that currency lost 50% of it's value overnight.
3-13-2020 Newshound Guru Pimpy ...right now the dinar is pegged. That's a fixed exchange rate against the U.S. dollar...if it floats then what determines its value is gonna be based on supply and demand and market...this is good. As Iraq gets their crap together and the better they do the more valuable the currency becomes...we want this. We've been saying this for a long time. We need them to unpeg from the U.S. dollar which is a fixed exchange rate. Which is manipulated by the government and we want them to go into a floating exchange rate...just like that it can jump up in value...if we get this you'd be surprised what will happen to the dinar once the government is established. Once they're stable and there's no more protesting the dinar would just keep going up and up...[Post 2 of 2]
3-13-2020 Newshound Guru Pimpy Is this right? Is there an article out there saying that we finally have Iraq heading towards a floating rate? This can't be? When I found out about this I almost lost my poop... Article: "Former Minister: Iraqi Dinar On The Way To "Float". ...we want the Iraqi dinar to float. Yes we do! This article says for the purpose of reducing its value. That's not the case. Quote: "The former minister, Jabbar, confirmed today, Wednesday, that the Iraqi dinar is on the way to floating..." ...this is good news believe it or not. I'm not talking about how the dinar is gonna lower in rate... [Post 1 of 2....stay tuned]
3-13-2020 Newshound Guru Kaperoni Can I tool [toot ?] my own horn? Ok here you go...Article: "Former minister: Iraqi dinar on the way to "float" Quote: "the Iraqi dinar is on its way to float (i.e. reduce its value), and the Iraqi government may have to increase the exchange rate of the dollar to 1250 dinars against the dollar in order to obtain additional funds estimated at 4 trillion dinars in the budget and this matter is positive because it will allow encouraging the national industry because it will raise the value Imported goods and makes domestic competitive." Maybe some of you will study monetary policy now... I do agree that under the current conditions it will probably devalue the dinar. That is why I have stated numerous times that is important that they create the conditions to launch a market economy first. If Iraq wants to succeed at raising the value they need to create a market economy, have a gov in place, cabinet and pass laws that investors will come and participate.
3-12-2020 Intel Guru Footforward [What is your opinion the rate you think? I'm hearing it could just be $4.00 or even higher.] IT'S MY OPINION THE RATE WILL NOT BE $1.34! I'm not sure how much more strongly I can state...My "opinion" is it will be over 3. I don't want to be too specific. There is a reason I need to be somewhat vague...
3-12-2020 Newshound Guru Pimpy ...APN News put out an article last April talking about the different currencies you should invest in. Article "Why You Should Invest In The Iraqi Dinar." APN is from India...they're talking about the US dollar, the Euro, the Japanese yen, the British Pound, the Canadian dollar. It goes on...quote "if you are interested in investing in an upcoming currency, you need to select Iraqi dinar." They're encouraging people to invest in the Iraq dinar. It doesn't say like our government, avoid it. It's a scam. No the APN is telling people to invest in the Iraq dinar. It says in the next few years Iraqi dinar is expected to become one of the major currencies in the Middle East. We know this. I know you naysayers out there going this is a scam...Here in the America they call it a scam but other counties they call it an investment...
3-12-2020 Newshound Guru Vital Brad Article "Can Iraq pay salaries after the collapse in oil prices? The government advisor answers" Well not at the current rate that their money is. That wouldn't quite work. But is it creating a perfect storm with these lower oil prices to raise a currency value to be able to continue to pay the salaries? ...reducing expenses that's only gonna go so far. They're gonna need to do something different like reinstate their currency which would change the value IMO. Which would cover their salaries. It's like things are coming to a head IMO.
3-12-2020 Intel Guru MarkZ [via PDK] I am still hearing they want to have this out the door and some people in the banks by Friday... [Today is the day the dinar will start floating as soon as the UN gives their blessing...all sanctions have been lifted.] I am hearing the same thing…today should be a very busy news day. [Do you think Iraq will float their currency?] Yes I do…..It makes the most sense to me…I do not believe that will affect our rates or contract prices. They know roughly where its going to float to…I always assumed it would float. It’s the easiest way for them to buy it off the street. As soon as it starts to float a lot of people will go ahead and exchange. The float makes economic sense. ...we are in a front row seat to history…it seems like it is coming unglued…its all helter skelter…the sky is falling…this is a fantastic position for us. I know its scary, but we are watching it happen right in front of our eyes.
3-12-2020 Newshound/Intel Guru Francis Albert Not sure where this "float" thing is coming from. All currencies go up and down based on people buying and selling them. I believe there's over 5 Trillion, (that's a T) bet on the FOREX market every DAY. And all currencies are basically pegged to the dollar whether they like it or not. As the Iraqi Dinar rises in value after going International on FOREX, the money currency players on FOREX make on a rising Dinar comes from other traders, not Iraq.
3-12-2020 Intel Guru Frank26 ...the fear tactics that were used as great weapons by Iran against Iraqi citizens it ain't there no more and it's been replaced by the big stick of the United States of America...That's what President Trump is. He's got one big stick. You don't want to be hit by it...
3-12-2020 Newshound Guru Pimpy ...I told you I think that Iraq is gonna come out on a sweet spot of around $1.34...one of the things they can do is increase the value of the dinar. Give themselves purchasing power and let them go and buy stuff from other countries that they need so they could get all their needs taken care of...
3-12-2020 Newshound Guru Vital Brad All of a sudden there's talk of Mahdi being the Prime Minister again. IMO it's because of a time crunch. They're under a time constraint with things that we know are happening in the background. So they're gonna plop Mahadi back in. Mahadi's already agreed to early elections in December which is what people want. But they also need a seated government...
3-12-2020 Newshound Guru Pimpy ...APN News put out an article last April talking about the different currencies you should invest in. Article "Why You Should Invest In The Iraqi Dinar." APN is from India...they're talking about the US dollar, the Euro, the Japanese yen, the British Pound, the Canadian dollar. It goes on...quote "if you are interested in investing in an upcoming currency, you need to select Iraqi dinar." They're encouraging people to invest in the Iraq dinar. It doesn't say like our government, avoid it. It's a scam. No the APN is telling people to invest in the Iraq dinar. It says in the next few years Iraqi dinar is expected to become one of the major currencies in the Middle East. We know this. I know you naysayers out there going this is a scam...Here in the America they call it a scam but other counties they call it an investment...
3-12-2020 Newshound Guru Vital Brad Article "Can Iraq pay salaries after the collapse in oil prices? The government advisor answers" Well not at the current rate that their money is. That wouldn't quite work. But is it creating a perfect storm with these lower oil prices to raise a currency value to be able to continue to pay the salaries? ...reducing expenses that's only gonna go so far. They're gonna need to do something different like reinstate their currency which would change the value IMO. Which would cover their salaries. It's like things are coming to a head IMO.
3-12-2020 Intel Guru MarkZ [via PDK] I am still hearing they want to have this out the door and some people in the banks by Friday... [Today is the day the dinar will start floating as soon as the UN gives their blessing...all sanctions have been lifted.] I am hearing the same thing…today should be a very busy news day. [Do you think Iraq will float their currency?] Yes I do…..It makes the most sense to me…I do not believe that will affect our rates or contract prices. They know roughly where its going to float to…I always assumed it would float. It’s the easiest way for them to buy it off the street. As soon as it starts to float a lot of people will go ahead and exchange. The float makes economic sense. ...we are in a front row seat to history…it seems like it is coming unglued…its all helter skelter…the sky is falling…this is a fantastic position for us. I know its scary, but we are watching it happen right in front of our eyes.
3-12-2020 Newshound/Intel Guru Francis Albert Not sure where this "float" thing is coming from. All currencies go up and down based on people buying and selling them. I believe there's over 5 Trillion, (that's a T) bet on the FOREX market every DAY. And all currencies are basically pegged to the dollar whether they like it or not. As the Iraqi Dinar rises in value after going International on FOREX, the money currency players on FOREX make on a rising Dinar comes from other traders, not Iraq.
3-12-2020 Intel Guru Frank26 ...the fear tactics that were used as great weapons by Iran against Iraqi citizens it ain't there no more and it's been replaced by the big stick of the United States of America...That's what President Trump is. He's got one big stick. You don't want to be hit by it...
3-12-2020 Newshound Guru Pimpy ...I told you I think that Iraq is gonna come out on a sweet spot of around $1.34...one of the things they can do is increase the value of the dinar. Give themselves purchasing power and let them go and buy stuff from other countries that they need so they could get all their needs taken care of...
3-12-2020 Newshound Guru Vital Brad All of a sudden there's talk of Mahdi being the Prime Minister again. IMO it's because of a time crunch. They're under a time constraint with things that we know are happening in the background. So they're gonna plop Mahadi back in. Mahadi's already agreed to early elections in December which is what people want. But they also need a seated government...
3-11-2020 Intel Guru Frank26 Russia refused to scale back on it's [oil] exports and that pissed off Saudi Arabia. And they said whatever they said to Russia...you know what Russia we told you not to mess around...Saudi Arabia says...we will increase our oil production and exports which has now given a surplus of oil in the markets causing the price of oil to go down dramatically pushing dramatically the reinstatement of the Iraqi dinar a lot faster. In order to offset this budget fund deficit...
3-11-2020 Intel Guru Bruce [via WiserNow] ...This is not calling it – it is telling you what I am hearing from several sources that are pointing to activity that should happen overnight...I’m feeling very good about this going...I think oil has come back up to where it’s in the 33 dollar range from being down to 29 or 30 dollars a barrel – that could very well effect in my opinion the rate of the Iraqi Dinar and that’s why no rate came up this morning as we were told it would on the Iraqi Dinar...I think they are still trying to let this thing settle a little bit but I do feel when it’s time for us to go Iraq will have their new rate...
3-11-2020 Newshound Guru Pimpy ...the Iraqi Stock Exchange is closed until March 21st. So many rumors out there before this was announced. Why did they close until March 21st? ...maybe they are preparing themselves for what? The rate change. Could they be preparing themselves for a rate change? Is that what's going on? We'll find out right.
3-11-2020 Newshound Guru Vital Brad Article "Iraqi Stock Exchange decides to close the investor's hall until March 21." Not only did they close the hall but the actual trading sessions have been shut down until March 21. Does that seem a little odd? They're gonna open back up on March 21st which is Saturday going into Sunday. I've always heard that it's gonna happen {the RV} on a weekend. Interesting piece...Is it the coronavirus or something else going on?
3-11-2020 Intel Guru MarkZ [via PDK] I am still hearing they want to have people in the banks exchanging on Friday. At least some of us… My bankers think we will go by Friday and hear that is what they are shooting for but, we really cannot pick the time. We are watching it all unfold right now… No rate change in Iraq…yet...
3-11-2020 Intel Guru Frank26 ...IMO the exchange rate is already in place. They are having meetings and talking about this. They have deep discussions about the current situation of the monetary reform of exactly where it's at right now. It's important for them. They're talking IMO about the exchange rate not the calculations of it but its implementation. The CBI is retouching bases with their banks again and is completed. And they're all on the same page. They're all on the same date. There are ongoing meetings. They're doing it right now...they're talking about the rate...they're speaking of a specific time-line and date of the redenomination...will this take a long time to accomplish? IMO no...[Reference Angel1 Post 3-10-2020]
3-11-2020 Intel Guru Footforward [So much stalling and kicking the can makes you wonder.] There is no stalling or kicking the can. For the first time in 15 years the can isn't getting kicked. Things are actually getting done.
3-11-2020 Newshound Guru Kaperoni ...The auctions absolutely will go away once the CBI accepts IMF Article VIII. There will be little need once the dinar is traded globally. In fact, it is preferred. And once the dinar floats, the global financial system will trade the dinar and its value qill be determined by market forces.
3-11-2020 Newshound Guru Pimpy ...they're threatening $20 a barrel for oil...this is a war between Saudi Arabia and Russia as far as energy is concerned. Putin sparked the oil war...let's see how long it lasts but instantaneously the price of oil dropped 21%. What does this do for the Iraqi people? This just kills them...Iraq is so dependent on their oil...the United Nations needs to let Iraq lift off the sanctions. They need to let them deal internationally. They have to let those sanctions go. Move from chapter 7 into chapter 8...that allows them then to change the rate. I still think it's gonna come out at around $1.34. This allows Iraq's economy to go ahead and start being competitive. To start bringing in outside investors...this might be the thing that triggers the rate change so keep your fingers crossed...
3-11-2020 Intel Guru Bruce [via WiserNow] ...This is not calling it – it is telling you what I am hearing from several sources that are pointing to activity that should happen overnight...I’m feeling very good about this going...I think oil has come back up to where it’s in the 33 dollar range from being down to 29 or 30 dollars a barrel – that could very well effect in my opinion the rate of the Iraqi Dinar and that’s why no rate came up this morning as we were told it would on the Iraqi Dinar...I think they are still trying to let this thing settle a little bit but I do feel when it’s time for us to go Iraq will have their new rate...
3-11-2020 Newshound Guru Pimpy ...the Iraqi Stock Exchange is closed until March 21st. So many rumors out there before this was announced. Why did they close until March 21st? ...maybe they are preparing themselves for what? The rate change. Could they be preparing themselves for a rate change? Is that what's going on? We'll find out right.
3-11-2020 Newshound Guru Vital Brad Article "Iraqi Stock Exchange decides to close the investor's hall until March 21." Not only did they close the hall but the actual trading sessions have been shut down until March 21. Does that seem a little odd? They're gonna open back up on March 21st which is Saturday going into Sunday. I've always heard that it's gonna happen {the RV} on a weekend. Interesting piece...Is it the coronavirus or something else going on?
3-11-2020 Intel Guru MarkZ [via PDK] I am still hearing they want to have people in the banks exchanging on Friday. At least some of us… My bankers think we will go by Friday and hear that is what they are shooting for but, we really cannot pick the time. We are watching it all unfold right now… No rate change in Iraq…yet...
3-11-2020 Intel Guru Frank26 ...IMO the exchange rate is already in place. They are having meetings and talking about this. They have deep discussions about the current situation of the monetary reform of exactly where it's at right now. It's important for them. They're talking IMO about the exchange rate not the calculations of it but its implementation. The CBI is retouching bases with their banks again and is completed. And they're all on the same page. They're all on the same date. There are ongoing meetings. They're doing it right now...they're talking about the rate...they're speaking of a specific time-line and date of the redenomination...will this take a long time to accomplish? IMO no...[Reference Angel1 Post 3-10-2020]
3-11-2020 Intel Guru Footforward [So much stalling and kicking the can makes you wonder.] There is no stalling or kicking the can. For the first time in 15 years the can isn't getting kicked. Things are actually getting done.
3-11-2020 Newshound Guru Kaperoni ...The auctions absolutely will go away once the CBI accepts IMF Article VIII. There will be little need once the dinar is traded globally. In fact, it is preferred. And once the dinar floats, the global financial system will trade the dinar and its value qill be determined by market forces.
3-11-2020 Newshound Guru Pimpy ...they're threatening $20 a barrel for oil...this is a war between Saudi Arabia and Russia as far as energy is concerned. Putin sparked the oil war...let's see how long it lasts but instantaneously the price of oil dropped 21%. What does this do for the Iraqi people? This just kills them...Iraq is so dependent on their oil...the United Nations needs to let Iraq lift off the sanctions. They need to let them deal internationally. They have to let those sanctions go. Move from chapter 7 into chapter 8...that allows them then to change the rate. I still think it's gonna come out at around $1.34. This allows Iraq's economy to go ahead and start being competitive. To start bringing in outside investors...this might be the thing that triggers the rate change so keep your fingers crossed...
3-10-2020 Newshound Guru Breitling I've never had fear of the Iraqi dinar gaining value. It's just at what pace and at what rate. I have more confidence today than I've ever had. But the dinar crowd this is gonna be a prayer answered and then it's gonna be taken away because the most important part of what they need to know they're not even looking at. They're just worried about getting the money. You have to have a tax plan in place... [Speak to your tax professional at the appropriate time...]
3-10-2020 Newshound/Intel Guru Mnt Goat ...we are waiting for our third miracle. This miracle is finding that person who will be the saving grace for Iraq to stand up to all the corruption. This corruption stems from Iranian backed militias, the strong-arm of the Iranian backed politicians. I believe this person is Mohammed Allawi. Yes, he did not get his way with the cabinet he wanted and so he backed out, for now. But he will return as he is the man for the job and will come back in time. ...Once Allawi has the legitimate power he needs we will see the necessary changes. Literally, things can change very quickly. It is amazing what a difference a day can make. We wait for this miracle.
3-10-2010 Newshound Guru Angel1 ...There was breaking news all across the [Iraqi] news networks and what they were talking about there was going to be a Q & A interview with the PM Mahadi and the Minister of Finance. I am desperately trying to get my hands on the translation...I believe it was a good piece of what we are looking for. [Reference Frank26 3-10-2020 below] We are in an incredible position...what we were waiting for was happening on the other side of the world. I cannot stress enough - things are on red alert...what we have been seeing behind the scenes has been happening...we are starting to see the public results of private meetings and that is why we're excited...
3-10-2020 Intel/Newshound Guru Frank26 ...the next thing IMO that we should be seeing is the CBI governor Allaq and representations, the Prime Minister Mahadi right now under the caretaker government as a whole and the minister of Finance...those three entities to do a Q & A broadcast presentation speech to the country of Iraq in strong support of the redenomination process of the Iraqi dinar. IMO we're at a good stage for lift off...
3-10-2020 Newshound Guru Jeff ...There's one main thing we're both [Guru Pimpy] looking for. When we see it we're gonna bring it forth and show it to you. It's almost here. It's gonna confirm everything that we've shared with you to let you know you're right there and right on the cusp and edge of this thing. When we see it we will share that with you...we are looking amazing. We're still right on track with everything...
3-10-2020 Intel Guru Footforward ...as of right now my feeling is this could be done by the end of march.
3-10-2020 Intel Guru Frank26 ...we believe the coronavirus has put the CBI in a very comfortable wonderful situation where they were lacking the mechanism to bring in the 3 zeros in order to complete the reinstatement of the Iraqi dinar...they're telling them they'll give you new currency when you bring in your three zeros...they say the reason why is they're saying they want you to bring in the currency that has the virus on it. But that's silly. That's ridiculous because the teller is not wearing a med-hat suit. He's not wearing gloves. He's not in a bubble...he's giving them the new small category notes...the logic is a bunch of baloney. It's not true at all. The CBI is using it to their advantage... the CBI has begun a very strategic usage of this...
3-10-2020 Intel Guru Okie_Oil_Man THIS WAS/IS TO BE A PRIVATE TRANSACTION AND THE GENERAL PUBLIC WAS NOT TO BE INVOLVED. THANKS TO G.W.B. SIGNING E.O.13303 WE WERE PERMITTED TO PARTICIPATE—
3-10-2020 Intel Guru MarkZ [via PDK] ...Most of my sources are expecting something to happen between now and Thursday. For money to move and us to be in the banks by Friday. That is the current rumors running around from my financially connected folks...Redemption Center staff are manned and expect to work this weekend...I am still excited at where we are at.
3-10-2020 Newshound Guru Pimpy Vietnam has their ducks in a row way more than Iraq does. They don't have a problem with their government. It's not unstable. Their economy is pretty healthy and things seem to be going pretty good there...Vietnam is ready to really take a more active role on the international scene. They want to start doing business with other businesses in the United States...the banks want to get involved...this is great news if you hold Vietnam dong because the stronger they get the stronger the Vietnam dong becomes...April 6 is [when] the new Trump policies are being implemented that if any country is found manipulating their currency there's additional tariffs, penalties and sanctions put on them. Vietnam was red hot on their list...this is good. This is what we want...
3-10-2020 Newshound Guru Breitling Will the lack of a Prime Minister have an effect on the revaluation? No I don't see it that way. Remember the CBI is in charge of handing their currency...
3-10-2020 Newshound Guru Jeff ...Friday Brent crude oil was $45 a barrel. As of this evening Brent crude dropped $10 down to $35 a barrel. Everything is moving and happening exactly as I told you it would...remember their goal is to make Iraq look worse than it is...they're doing that politically. Economically. Everything. So now ask yourself why would they have all these crappy lying articles to make the country look like it's completely upside down in terrible shape and then they have these amazing banking articles. That should raise a red flag to you. We're right on track. Nothing on my side has changed...
3-10-2020 Intel Guru MarkZ [...I heard all the same talking points for the global reset in “08…what makes this different.] The biggest difference is CIPS. We now have a backbone…we can work around the central banking system. Also in “08 there were not enough nations who had aggregated gold to back a currency change. …lots has happened since “08…. In “08 you needed the central banking system to move international money…now you don’t and it can happen almost instantly. That to me is the biggest difference.
3-10-2020 Newshound/Intel Guru Mnt Goat ...we are waiting for our third miracle. This miracle is finding that person who will be the saving grace for Iraq to stand up to all the corruption. This corruption stems from Iranian backed militias, the strong-arm of the Iranian backed politicians. I believe this person is Mohammed Allawi. Yes, he did not get his way with the cabinet he wanted and so he backed out, for now. But he will return as he is the man for the job and will come back in time. ...Once Allawi has the legitimate power he needs we will see the necessary changes. Literally, things can change very quickly. It is amazing what a difference a day can make. We wait for this miracle.
3-10-2010 Newshound Guru Angel1 ...There was breaking news all across the [Iraqi] news networks and what they were talking about there was going to be a Q & A interview with the PM Mahadi and the Minister of Finance. I am desperately trying to get my hands on the translation...I believe it was a good piece of what we are looking for. [Reference Frank26 3-10-2020 below] We are in an incredible position...what we were waiting for was happening on the other side of the world. I cannot stress enough - things are on red alert...what we have been seeing behind the scenes has been happening...we are starting to see the public results of private meetings and that is why we're excited...
3-10-2020 Intel/Newshound Guru Frank26 ...the next thing IMO that we should be seeing is the CBI governor Allaq and representations, the Prime Minister Mahadi right now under the caretaker government as a whole and the minister of Finance...those three entities to do a Q & A broadcast presentation speech to the country of Iraq in strong support of the redenomination process of the Iraqi dinar. IMO we're at a good stage for lift off...
3-10-2020 Newshound Guru Jeff ...There's one main thing we're both [Guru Pimpy] looking for. When we see it we're gonna bring it forth and show it to you. It's almost here. It's gonna confirm everything that we've shared with you to let you know you're right there and right on the cusp and edge of this thing. When we see it we will share that with you...we are looking amazing. We're still right on track with everything...
3-10-2020 Intel Guru Footforward ...as of right now my feeling is this could be done by the end of march.
3-10-2020 Intel Guru Frank26 ...we believe the coronavirus has put the CBI in a very comfortable wonderful situation where they were lacking the mechanism to bring in the 3 zeros in order to complete the reinstatement of the Iraqi dinar...they're telling them they'll give you new currency when you bring in your three zeros...they say the reason why is they're saying they want you to bring in the currency that has the virus on it. But that's silly. That's ridiculous because the teller is not wearing a med-hat suit. He's not wearing gloves. He's not in a bubble...he's giving them the new small category notes...the logic is a bunch of baloney. It's not true at all. The CBI is using it to their advantage... the CBI has begun a very strategic usage of this...
3-10-2020 Intel Guru Okie_Oil_Man THIS WAS/IS TO BE A PRIVATE TRANSACTION AND THE GENERAL PUBLIC WAS NOT TO BE INVOLVED. THANKS TO G.W.B. SIGNING E.O.13303 WE WERE PERMITTED TO PARTICIPATE—
3-10-2020 Intel Guru MarkZ [via PDK] ...Most of my sources are expecting something to happen between now and Thursday. For money to move and us to be in the banks by Friday. That is the current rumors running around from my financially connected folks...Redemption Center staff are manned and expect to work this weekend...I am still excited at where we are at.
3-10-2020 Newshound Guru Pimpy Vietnam has their ducks in a row way more than Iraq does. They don't have a problem with their government. It's not unstable. Their economy is pretty healthy and things seem to be going pretty good there...Vietnam is ready to really take a more active role on the international scene. They want to start doing business with other businesses in the United States...the banks want to get involved...this is great news if you hold Vietnam dong because the stronger they get the stronger the Vietnam dong becomes...April 6 is [when] the new Trump policies are being implemented that if any country is found manipulating their currency there's additional tariffs, penalties and sanctions put on them. Vietnam was red hot on their list...this is good. This is what we want...
3-10-2020 Newshound Guru Breitling Will the lack of a Prime Minister have an effect on the revaluation? No I don't see it that way. Remember the CBI is in charge of handing their currency...
3-10-2020 Newshound Guru Jeff ...Friday Brent crude oil was $45 a barrel. As of this evening Brent crude dropped $10 down to $35 a barrel. Everything is moving and happening exactly as I told you it would...remember their goal is to make Iraq look worse than it is...they're doing that politically. Economically. Everything. So now ask yourself why would they have all these crappy lying articles to make the country look like it's completely upside down in terrible shape and then they have these amazing banking articles. That should raise a red flag to you. We're right on track. Nothing on my side has changed...
3-10-2020 Intel Guru MarkZ [...I heard all the same talking points for the global reset in “08…what makes this different.] The biggest difference is CIPS. We now have a backbone…we can work around the central banking system. Also in “08 there were not enough nations who had aggregated gold to back a currency change. …lots has happened since “08…. In “08 you needed the central banking system to move international money…now you don’t and it can happen almost instantly. That to me is the biggest difference.
3-9-2020 Intel Guru Okie_Oil_Man ...THERE ARE NOT MUCH I CAN SAY THAT I WANT TO OTHER THAN WE ARE IN AN EXTREMELY SHORT WINDOW—GET READLY—NOW! I AM ECSTATIC AS TO WHERE WE ARE PRESENTLY...IT IS BEING STATED THAT ALL THE CHAOS NOW HAS BEEN PLANNED AS A COVER FOR OUR EVENT...THE OIL MARKET IS CAUSED BY THE RUSSIAN/SAUDI RIFT...IF YOU TAKE ALL THINGS GOING ON PRESENTLY, YOU WILL SEE THE PERFECT COVER FOR THE R.V.
3-9-2020 Newshound Guru Kaperoni ...I wouldn't be so broad is to say nothing happened a lot has happened over the last few years...just not what most are looking for...no doubt there hasn't been any Improvement in the exchange rate but there has been progress over the last several years to diversify the economy. And that will have to continue if this plan of raising the value will ever work...The IMF doesn't want countries pegged. They want them to float and let the world decide the value of their currency. Eventually that will have to happen if Iraq gets substantial investment. (Some 60 billion dollars) to rebuild that they are wishing for.
3-9-2020 Intel Guru Delta Trade Bank of Iraq... "Our dear customers: We would like to inform you that the promotion of personal loan transactions has been stopped until further notice..." [Delta...what does this mean? How does this benefit us?] RATE IS CHANGING...(wink)
3-9-2020 Intel Guru MarkZ Everybody seems to be in a surprisingly good mood with the world on the brink today…..well, it’s good for us. I think this week we are going to have to sit back, grab our popcorn and watch everything unfold as things go screaming into place for us. Now look at the oil crash today... Oil props up the Petro Dollar...Saudi Arabia just said the US dollar is basically crap... This is big. When you are buying gold you are shorting the dollar. Then Saudi Arabia crashes the oil prices…at present levels oil is expected to close at $27 to $32 dollars a barrel today...it could go lower if Saudi Arabia declares war on the Petro dollar. This is BIG NEWS screaming we are about to have a reset! Just read the news and you will see we are so close to a reset. [...[Guru] Okie says it’s gonna happen this week...] I think there is a better then excellent chance he is right. There is so many economic indicators screaming that there is no place to go. ...Its going to be a interesting week…and we will all be here watching it happen.
3-9-2020 Newshound Guru Pimpy Article Salih: The UN Security Council Sanctions Still Apply To Iraq. ...what that means is they're preventing their currencies from being recognized internationally. This means that Iraq can't really step out on the International market and do business like they need to do. If the rate change happened today...we would have a hard time trying to exchange our money with some of our banks because the currency is not bing recognized internationally. I know Chase Bank is accepting the dinar now at its current rate and my assumption would be that if a rate change happens they would honor the new rate. But there's a lot of banks and a lot of financial institutions that are not recognizing Iraq internationally...
3-9-2020 Newshound Guru Jeff ...we're at the end...all the news talking about Iraq's economics. Political scene. The budget. Everything is complete pure BS...everything is waiting on the rate change including the politics...only one level of news has been accurate. That's the banking news. You guys have seen some really good banking articles through this past week...
3-9-2020 Newshound Guru Breitling ...the coronavirus...I've literally had people go nuts on me...here's the thing it's completely opposite. The markets are driving oil prices down. The demand for oil is going down. Therefore Iraq is not bringing in enough U.S. Dollars to cover their budget and the solution is to add value to their own currency which is undervalued anyways. What do you think the coronavirus is gonna do? Do you think it's going to stop that or accelerate that? ...the reality is for Iraq, if it puts pressure on their economy, then it's going to lead to our advantage. They need to add value to their currency to make up for what's being lost market wise...
3-9-2020 Intel Guru Footforward [Question: You don't think that this level of price drop endangers an RV? Hard to believe that Iraq could come out at a decent rate with this sort of price plunge on oil.] I see it pushing the financial crisis in the middle east to a breaking point where they have to RV. They will have to make a deal with Saudi Arabia on oil prices to make that happen.
3-9-2020 Newshound Guru Pimpy ...because of the coronavirus crude oil is tanking, just like cryptocurrencies. Just like the Dow. These things are getting killed. Just getting annihilated...it dropped to $45 I think right now. It might have dropped a little bit more...between the protestors and their government and the PM I don't know how much worse it can get for Iraq. It's just at its worse...this actually might be good for us in the Iraqi dinar community...let's just hope that oil prices keep going down and maybe that might trigger something that we've been waiting for...if ever a time before where Iraq needed a rate change to happen it's definitely now...
3-9-2020 Newshound Guru Kaperoni ...I wouldn't be so broad is to say nothing happened a lot has happened over the last few years...just not what most are looking for...no doubt there hasn't been any Improvement in the exchange rate but there has been progress over the last several years to diversify the economy. And that will have to continue if this plan of raising the value will ever work...The IMF doesn't want countries pegged. They want them to float and let the world decide the value of their currency. Eventually that will have to happen if Iraq gets substantial investment. (Some 60 billion dollars) to rebuild that they are wishing for.
3-9-2020 Intel Guru Delta Trade Bank of Iraq... "Our dear customers: We would like to inform you that the promotion of personal loan transactions has been stopped until further notice..." [Delta...what does this mean? How does this benefit us?] RATE IS CHANGING...(wink)
3-9-2020 Intel Guru MarkZ Everybody seems to be in a surprisingly good mood with the world on the brink today…..well, it’s good for us. I think this week we are going to have to sit back, grab our popcorn and watch everything unfold as things go screaming into place for us. Now look at the oil crash today... Oil props up the Petro Dollar...Saudi Arabia just said the US dollar is basically crap... This is big. When you are buying gold you are shorting the dollar. Then Saudi Arabia crashes the oil prices…at present levels oil is expected to close at $27 to $32 dollars a barrel today...it could go lower if Saudi Arabia declares war on the Petro dollar. This is BIG NEWS screaming we are about to have a reset! Just read the news and you will see we are so close to a reset. [...[Guru] Okie says it’s gonna happen this week...] I think there is a better then excellent chance he is right. There is so many economic indicators screaming that there is no place to go. ...Its going to be a interesting week…and we will all be here watching it happen.
3-9-2020 Newshound Guru Pimpy Article Salih: The UN Security Council Sanctions Still Apply To Iraq. ...what that means is they're preventing their currencies from being recognized internationally. This means that Iraq can't really step out on the International market and do business like they need to do. If the rate change happened today...we would have a hard time trying to exchange our money with some of our banks because the currency is not bing recognized internationally. I know Chase Bank is accepting the dinar now at its current rate and my assumption would be that if a rate change happens they would honor the new rate. But there's a lot of banks and a lot of financial institutions that are not recognizing Iraq internationally...
3-9-2020 Newshound Guru Jeff ...we're at the end...all the news talking about Iraq's economics. Political scene. The budget. Everything is complete pure BS...everything is waiting on the rate change including the politics...only one level of news has been accurate. That's the banking news. You guys have seen some really good banking articles through this past week...
3-9-2020 Newshound Guru Breitling ...the coronavirus...I've literally had people go nuts on me...here's the thing it's completely opposite. The markets are driving oil prices down. The demand for oil is going down. Therefore Iraq is not bringing in enough U.S. Dollars to cover their budget and the solution is to add value to their own currency which is undervalued anyways. What do you think the coronavirus is gonna do? Do you think it's going to stop that or accelerate that? ...the reality is for Iraq, if it puts pressure on their economy, then it's going to lead to our advantage. They need to add value to their currency to make up for what's being lost market wise...
3-9-2020 Intel Guru Footforward [Question: You don't think that this level of price drop endangers an RV? Hard to believe that Iraq could come out at a decent rate with this sort of price plunge on oil.] I see it pushing the financial crisis in the middle east to a breaking point where they have to RV. They will have to make a deal with Saudi Arabia on oil prices to make that happen.
3-9-2020 Newshound Guru Pimpy ...because of the coronavirus crude oil is tanking, just like cryptocurrencies. Just like the Dow. These things are getting killed. Just getting annihilated...it dropped to $45 I think right now. It might have dropped a little bit more...between the protestors and their government and the PM I don't know how much worse it can get for Iraq. It's just at its worse...this actually might be good for us in the Iraqi dinar community...let's just hope that oil prices keep going down and maybe that might trigger something that we've been waiting for...if ever a time before where Iraq needed a rate change to happen it's definitely now...
3-8-2020 Newshound Guru Adam Montana ...I think they did want over $3 at first, and there was a small chance it could have happened. Now that time has passed, and more people (and institutions) are aware of it and have had time to prepare, they will have to keep it to a dollar or less. [reference Guru Breitling post 3-8-2020]
3-8-2020 Intel Guru Footforward Suddenly people are talking about how Iraq's economy is in trouble. The puzzle pieces are coming together so well. Without an RV Iraq is in big trouble.
3-8-2020 Intel Guru Frank26 Question IYO could the concern of the coronavirus spreading via handling old IQD hasten the issuing of the new lower denoms? ...in the last 4 or 5 days with my teams we're considering now the CBI is now using the coronavirus as part of their strategy for the reinstatement of their currency. And for the announcement and the education...
3-8-2020 Newshound Guru Breitling ...I get emails from people asking what rate would you get out at? We know what they want. At a minimum they want to get to a dollar. Back in the day they wanted to get to $3.25...There's no way to know. That's why I suggest that it's very important that you know what you want. You got to buy a house. You want to pay off your house. What are you gonna do? That will give you your best measuring stick that you need to be able to exchange and at what rates...we're speculating on a real opportunity...
3-8-2020 Intel/Newshound Gurus Delta and MilitiaMan ...with the CBI telling banks to stop using cash because of the Corona Virus, they'll (the CBI) need to cease using cash as well. All types of currencies, too. Thus, they will need to stop the Currency Auctions. (KO punch to Iran?) They now have a valid excuse outside the parameters of the GOI to RI, as it is vital to the Monetary system to keep money moving. They stop money movement they will have problems with the IMF, UST, WB, inflation rearing it's ugly head, no liquidity, etc.. So this suggests they are ready to raise the rate soon, as they have the calculations and values necessary to do so. The have the excuse of the virus as an ace in the hole to get it done. imo. They will soon announce they are Art 8 and at what rate they have calculated for the value of the future IQD exchange rate that all the Iraqis await and we too.. imo...the Perfect Storm is Upon us..ioo... [post 2 of 2]
3-8-2020 Intel/Newshound Gurus Delta and MilitiaMan Delta: Article: "Mansour Express Exchange and Remittance System" A new product through the system for the window selling foreign currency to the Central Bank of Iraq. MilitiaMan: They clearly have now set things up to be electronic and in a big way. And in an International way. They are telling us they have the legal accounting, evidence of "Calculations", of Accounting Values, with International Standards...suggests they have the international rate to go with it too. They would not be going cashless with a system like this at a program rate and at a time like this. But at an international rate imo, yes they would. [post 1 of 2....stay tuned]
3-8-2020 Intel Guru Footforward Suddenly people are talking about how Iraq's economy is in trouble. The puzzle pieces are coming together so well. Without an RV Iraq is in big trouble.
3-8-2020 Intel Guru Frank26 Question IYO could the concern of the coronavirus spreading via handling old IQD hasten the issuing of the new lower denoms? ...in the last 4 or 5 days with my teams we're considering now the CBI is now using the coronavirus as part of their strategy for the reinstatement of their currency. And for the announcement and the education...
3-8-2020 Newshound Guru Breitling ...I get emails from people asking what rate would you get out at? We know what they want. At a minimum they want to get to a dollar. Back in the day they wanted to get to $3.25...There's no way to know. That's why I suggest that it's very important that you know what you want. You got to buy a house. You want to pay off your house. What are you gonna do? That will give you your best measuring stick that you need to be able to exchange and at what rates...we're speculating on a real opportunity...
3-8-2020 Intel/Newshound Gurus Delta and MilitiaMan ...with the CBI telling banks to stop using cash because of the Corona Virus, they'll (the CBI) need to cease using cash as well. All types of currencies, too. Thus, they will need to stop the Currency Auctions. (KO punch to Iran?) They now have a valid excuse outside the parameters of the GOI to RI, as it is vital to the Monetary system to keep money moving. They stop money movement they will have problems with the IMF, UST, WB, inflation rearing it's ugly head, no liquidity, etc.. So this suggests they are ready to raise the rate soon, as they have the calculations and values necessary to do so. The have the excuse of the virus as an ace in the hole to get it done. imo. They will soon announce they are Art 8 and at what rate they have calculated for the value of the future IQD exchange rate that all the Iraqis await and we too.. imo...the Perfect Storm is Upon us..ioo... [post 2 of 2]
3-8-2020 Intel/Newshound Gurus Delta and MilitiaMan Delta: Article: "Mansour Express Exchange and Remittance System" A new product through the system for the window selling foreign currency to the Central Bank of Iraq. MilitiaMan: They clearly have now set things up to be electronic and in a big way. And in an International way. They are telling us they have the legal accounting, evidence of "Calculations", of Accounting Values, with International Standards...suggests they have the international rate to go with it too. They would not be going cashless with a system like this at a program rate and at a time like this. But at an international rate imo, yes they would. [post 1 of 2....stay tuned]
3-7-2020 Intel Guru OkieOilMan ...I AM LED TO BELIEVE NOW THAT THE R.V. HAS STARTED FOR SOME DIFFERENT GROUP'S AND PRIVATE INDIVIDUALS WHO HAD BEEN ON TOP OF THE LADDER SINCE THE BEGINNING OF THE PROGRAM...I HAVE BEEN INFORMED THAT THE FIRST FEW DAY'S OF THIS COMING WEEK WILL FINALLY GIVE US THE RELIEF WE ALL HAVE BEEN NEEDING FOR SO LONG. BE SURE YOUR PREPARATION WORK IS COMPLETED AND PREPARE TO BE INFORMED (FROM NUMEROUS SOURCES) OF YOUR OPPORTUNITY TO MAKE AN APPOINTMENT FOR YOUR EXCHANGE OR REDEMPTION...THERE ARE NO STOPPING THE R.V. AT THIS PRESENT TIME . PRAY ALL KEEPS GOING AS TO WHAT IS SCHEDULED IN A VERY FEW DAYS. RELAX TOMORROW AND BE PREPARED FOR THE WEEK WE HAVE ALL WAITED FOR——-SHALOAM
3-7-2020 Newshound Guru Kaperoni ...First, they cannot because it would create demand and the daily auctions are based on a balance between dinar and dollar...Secondly, it's a known fact that over 70% of the currency in Iraq is "chunky." Meaning it's outside the banking system in homes of citizens, Etc... As it re-enters the banking system and is turned in. This would be a slow gradual process that simultaneously could work at the same time that dinar goes up in value but that all takes time and it would only occur as a result of the prosperity of the market economy. I challenge any one...at any time to discuss monetary policy with me... [reference Guru Breitling post 3-7-2020] [post 2 of 2]
3-7-2020 Newshound Guru Kaperoni There's absolutely zero chance of any significant overnight RV/RI occurring with in excess of 42 + trillion dinar in circulation and over 70% of that out of the banking system known as "chunky." There is no way in my opinion to physically reduce the note count and money supply in Iraq until they get off the peg, move to a more liberal exchange rate regime/float and allow the currency begin to rise gradually. Doing so would allow them to collect the currency... ...guru Brietling thinks the CBI is reducing the note count. [reference Guru Breitling post 3-7-2020] [post 1 of 2....stay tuned]
3-7-2020 Newshound Guru Breitling ...everyone thinks it's at a market rate and somehow they're gonna add or subtract wealth to it. It doesn't work that way. No currency works like that. They're either taking currency out of the market or they add to devalue the currency...They've been reducing the note count and they're gonna reduce it even more. The official procedures are coming out of the CBI is that when they introduce a new note that will absorb the new prices the notes that you and I have and the new notes will coexist with the added value for two years...they'll have a process where they're getting rid of the denominations that you and I have. It will be a two year process. [Post 2 of 2]
3-7-2020 Newshound Guru Breitling ...I've been getting emails and I'm not gonna name the guy out there that's putting this information out...here's the math. He's talking about that there's too much currency out there for it to revalue so it's impossible... if you do not think they are going to reduce the money supply you do not need to be in this investment. Because that is the key. That is what we've been watching. So that is the dumbest statement I've ever heard people say is that there is too much currency out there. Their plan was and they've specifically said they are going to reduce the money supply. And that's where we find our value... [Post 1 of 2...stay tuned]
3-7-2020 Newshound/Intel Guru RVAlready This seems to be a case of the corrupt in Iraq, thinking they could put this RV off again, thinking the world would sit back and be patient again. I think the UN is probably dictating to Salih and parliament exactly what they will do to fix this.
3-7-2020 Newshound Guru Kaperoni UN Chapter 7 has nothing to do with monetary policy. If it did, the IMF would not be encouraging the CBI to accept IMF Article VIII to send a message to investors that Iraq is open for business.
3-7-2020 Newshound Guru Kaperoni ...First, they cannot because it would create demand and the daily auctions are based on a balance between dinar and dollar...Secondly, it's a known fact that over 70% of the currency in Iraq is "chunky." Meaning it's outside the banking system in homes of citizens, Etc... As it re-enters the banking system and is turned in. This would be a slow gradual process that simultaneously could work at the same time that dinar goes up in value but that all takes time and it would only occur as a result of the prosperity of the market economy. I challenge any one...at any time to discuss monetary policy with me... [reference Guru Breitling post 3-7-2020] [post 2 of 2]
3-7-2020 Newshound Guru Kaperoni There's absolutely zero chance of any significant overnight RV/RI occurring with in excess of 42 + trillion dinar in circulation and over 70% of that out of the banking system known as "chunky." There is no way in my opinion to physically reduce the note count and money supply in Iraq until they get off the peg, move to a more liberal exchange rate regime/float and allow the currency begin to rise gradually. Doing so would allow them to collect the currency... ...guru Brietling thinks the CBI is reducing the note count. [reference Guru Breitling post 3-7-2020] [post 1 of 2....stay tuned]
3-7-2020 Newshound Guru Breitling ...everyone thinks it's at a market rate and somehow they're gonna add or subtract wealth to it. It doesn't work that way. No currency works like that. They're either taking currency out of the market or they add to devalue the currency...They've been reducing the note count and they're gonna reduce it even more. The official procedures are coming out of the CBI is that when they introduce a new note that will absorb the new prices the notes that you and I have and the new notes will coexist with the added value for two years...they'll have a process where they're getting rid of the denominations that you and I have. It will be a two year process. [Post 2 of 2]
3-7-2020 Newshound Guru Breitling ...I've been getting emails and I'm not gonna name the guy out there that's putting this information out...here's the math. He's talking about that there's too much currency out there for it to revalue so it's impossible... if you do not think they are going to reduce the money supply you do not need to be in this investment. Because that is the key. That is what we've been watching. So that is the dumbest statement I've ever heard people say is that there is too much currency out there. Their plan was and they've specifically said they are going to reduce the money supply. And that's where we find our value... [Post 1 of 2...stay tuned]
3-7-2020 Newshound/Intel Guru RVAlready This seems to be a case of the corrupt in Iraq, thinking they could put this RV off again, thinking the world would sit back and be patient again. I think the UN is probably dictating to Salih and parliament exactly what they will do to fix this.
3-7-2020 Newshound Guru Kaperoni UN Chapter 7 has nothing to do with monetary policy. If it did, the IMF would not be encouraging the CBI to accept IMF Article VIII to send a message to investors that Iraq is open for business.
3-6-2020 Intel Guru MarkZ [via PDK] Economic news…markets are dying and imploding. 1 in 8 businesses worldwide are borrowing just to keep the doors open. Ports are empty…no freight is moving…whether this virus scare is real or not...the economic realities are…schools are in lockdowns...its best to be prepared just in case. This is getting crazy…the perfect storm for the RV!!
3-6-2020 Intel Guru Bruce I know Iraq is not going to show anything – until we go - until we absolutely are going forward... I think we are really at the point where – if there is anything else I sure don’t know what it is...
3-6-2020 Newshound/Intel Guru Mnt Goat Doesn't this process of selecting a new prime minister and his/her government seem to take longer and longer each time? More corruption each time as since 2014 the corruption has only gotten much, much worst as Irian has been allowed to infiltrate Iraqi politics. This is at the heart of the delays. So, here we go again…this is de’javu! Among the names that are being discussed during the meetings are Asaad Al-Eidani, Ali Shukri, Muhammad Shia'a Al-Sudani, Mustafa Al-Kazemi, but until now, there is no specific agreement on any candidate.
3-6-2020 Newshound/Intel Guru BGG If these protests continue and we get a real reformer in there, this could still be a huge win for us… especially with Iran getting “blacklisted” like they are. There will be very little latitude for Iraq to continue doing business with (and selling US Dollars to) a country under such international scrutiny. The end result? Less Iranian influence and not nearly as much need for the CBI / IQD / currency auctions. The ending of these auctions will likely usher in true currency reform in Iraq. [post 2 of 2]
3-6-2020 Newshound/Intel Guru BGG Think about all this for just a sec…They have had several Shia dominated government’s that were corrupt and not getting anything done for anyone but themselves…(Maliki, Abadi and Mahdi). They were headed for another Shia dominated government with even less accountability than in the past. 1) The protesters didn’t like this guy [Allawi]. 2) The Kurds didn’t like him. 3) Sadr didn’t like him. 4) The Iraqi President of the Republic, Barham Salih, very nearly resigned over having to “nominate” him in the first place. There are is a very good chance we just dodged another bullet with the developments of last Sunday. If he wasn’t the right guy to get this done – he wasn’t the right guy. Instead of always thinking THIS was some kind of delay… [post 1 of 2...stay tuned]
3-6-2020 Newshound Guru Whitelions ...this is a country coming back from a long war nothing more and nothing less...it will do what every other country in the world has done coming out of war they will adjust the value according to what their country can back and get it close enough to market value to work in the world...Iraq has assets out the wazoo and needs know other help and can rv into market at a very competitive rate .
3-6-2020 Intel Guru MarkZ [via PDK] There is a whole lot going on…Redemption Center contacts believe they are looking at a long week of exchanging people next week. They are on call all weekend. I am hearing fantastic things...The news has been phenomenal since last night. I’m excited. Looks like the floodgates are opening for us.
3-6-2020 Newshound Guru chattels ...it appears that Abdul Mahdi may continue as the caretaker governor pending ratification of the new election law, the dissolution of Parliament and scheduling new elections.
3-6-2020 Newshound Guru MilitiaMan ...The CBI has been very vocal of late even while the GOI/CBI handcart pumps back and forth down the track heading for the economic reform destination we are looking to be the station at the end of it. The CBI has been so vocal that they have Nassiri and Salih are speaking of the Independence of the CBI from the GOI. What the CBI has accomplished all the while the GOI has been in turmoil and filled with Iranian backed corruption. The CBI has pumped along by making sure they kept inflation low during economic and security shocks that were abound. My view...is that they CBI having been successful during crisis, is now prepared to finish the reforms, give the demonstrators purchase power and in doing so they will create jobs with the re construction efforts. The need for the CBI to now finish is greater than ever...So, in the end my view is the focus is on the CBI and in short order.
3-6-2020 Newshound Guru Adam Montana [My concern is the massive price drop per Barrel of Oil? and it’s effect on the whole RV process.] This is a great question... I don't think "massive" is the correct term. "Significant" - definitely, but it's not "massive". Nonetheless - I would only be concerned if OIL was suddenly no longer in demand. Any dips or peaks in the price of oil are temporary until the global demand for oil is eliminated. While OIL is a necessary product in the global economy, the price can fluctuate all it wants - Iraq still has a majority of it, and they will be able to bank on that. If the entire world switched to solar overnight, then it would be "game over". Until that happens, I am not too concerned about the price of oil.
3-6-2020 Intel Guru Bruce I know Iraq is not going to show anything – until we go - until we absolutely are going forward... I think we are really at the point where – if there is anything else I sure don’t know what it is...
3-6-2020 Newshound/Intel Guru Mnt Goat Doesn't this process of selecting a new prime minister and his/her government seem to take longer and longer each time? More corruption each time as since 2014 the corruption has only gotten much, much worst as Irian has been allowed to infiltrate Iraqi politics. This is at the heart of the delays. So, here we go again…this is de’javu! Among the names that are being discussed during the meetings are Asaad Al-Eidani, Ali Shukri, Muhammad Shia'a Al-Sudani, Mustafa Al-Kazemi, but until now, there is no specific agreement on any candidate.
3-6-2020 Newshound/Intel Guru BGG If these protests continue and we get a real reformer in there, this could still be a huge win for us… especially with Iran getting “blacklisted” like they are. There will be very little latitude for Iraq to continue doing business with (and selling US Dollars to) a country under such international scrutiny. The end result? Less Iranian influence and not nearly as much need for the CBI / IQD / currency auctions. The ending of these auctions will likely usher in true currency reform in Iraq. [post 2 of 2]
3-6-2020 Newshound/Intel Guru BGG Think about all this for just a sec…They have had several Shia dominated government’s that were corrupt and not getting anything done for anyone but themselves…(Maliki, Abadi and Mahdi). They were headed for another Shia dominated government with even less accountability than in the past. 1) The protesters didn’t like this guy [Allawi]. 2) The Kurds didn’t like him. 3) Sadr didn’t like him. 4) The Iraqi President of the Republic, Barham Salih, very nearly resigned over having to “nominate” him in the first place. There are is a very good chance we just dodged another bullet with the developments of last Sunday. If he wasn’t the right guy to get this done – he wasn’t the right guy. Instead of always thinking THIS was some kind of delay… [post 1 of 2...stay tuned]
3-6-2020 Newshound Guru Whitelions ...this is a country coming back from a long war nothing more and nothing less...it will do what every other country in the world has done coming out of war they will adjust the value according to what their country can back and get it close enough to market value to work in the world...Iraq has assets out the wazoo and needs know other help and can rv into market at a very competitive rate .
3-6-2020 Intel Guru MarkZ [via PDK] There is a whole lot going on…Redemption Center contacts believe they are looking at a long week of exchanging people next week. They are on call all weekend. I am hearing fantastic things...The news has been phenomenal since last night. I’m excited. Looks like the floodgates are opening for us.
3-6-2020 Newshound Guru chattels ...it appears that Abdul Mahdi may continue as the caretaker governor pending ratification of the new election law, the dissolution of Parliament and scheduling new elections.
3-6-2020 Newshound Guru MilitiaMan ...The CBI has been very vocal of late even while the GOI/CBI handcart pumps back and forth down the track heading for the economic reform destination we are looking to be the station at the end of it. The CBI has been so vocal that they have Nassiri and Salih are speaking of the Independence of the CBI from the GOI. What the CBI has accomplished all the while the GOI has been in turmoil and filled with Iranian backed corruption. The CBI has pumped along by making sure they kept inflation low during economic and security shocks that were abound. My view...is that they CBI having been successful during crisis, is now prepared to finish the reforms, give the demonstrators purchase power and in doing so they will create jobs with the re construction efforts. The need for the CBI to now finish is greater than ever...So, in the end my view is the focus is on the CBI and in short order.
3-6-2020 Newshound Guru Adam Montana [My concern is the massive price drop per Barrel of Oil? and it’s effect on the whole RV process.] This is a great question... I don't think "massive" is the correct term. "Significant" - definitely, but it's not "massive". Nonetheless - I would only be concerned if OIL was suddenly no longer in demand. Any dips or peaks in the price of oil are temporary until the global demand for oil is eliminated. While OIL is a necessary product in the global economy, the price can fluctuate all it wants - Iraq still has a majority of it, and they will be able to bank on that. If the entire world switched to solar overnight, then it would be "game over". Until that happens, I am not too concerned about the price of oil.
3-5-2020 Intel Guru MarkZ [via PDK] [Will...dong and dinar rv on the same day?] I am told absolutely…same day…same time…
3-5-2020 Newshound Guru MilitiaMan ...The CBI has not adjusted the money supply since November 2019.. imo... The more they get off the street the cheaper it may be in the end for them.. May support value to go along with it. Therefore, again I will say this, "The longer it takes, the more money we make." imo. So, that is my take on what may be the case.
3-5-2020 Newshound Guru Pimpy ...what the heck is going on in the dinar community? People running around panicking about all kinds of stuff. I've heard so much weird crap today...[Guru] Jeff is the only person who's still sticking to his guns. Jeff is saying that this thing is gonna happen between the end of March and sometime beginning of April...That's the way I felt about it [too] and there's no reason for me to change my mind...sometime between the end of March and the beginning of April...
3-5-2020 Newshound Guru Adam Montana [A continuing concern for me with this investment is that there are trillions of dinar in circulation internationally, and for an RV or RI to occur, at any value above about $.01, would seem to bankrupt Iraq, irrespective of its oil and other resources. ...I hope I'm missing something in this equation.] ...The Iraqi Dinar is a fiat currency, just like the US dollar, and logical rules utilizing responsible financial principals simply do not apply. For this reason alone, it simply does not need to make financial sense to RV. ...Iraq doesn't need a 1:1 reserve:cash ratio to have a 1:1 parity with the US dollar, or any other ratio to the dollar. The only thing that matters is "will it sell" - and, it will.
3-5-2020 Intel Guru Okie_Oil_Man ...YES I AM STILL ON HIGH ALERT AND AM WATCHING FOR AN E-MAIL (NUFF SAID)
3-5-2020 Intel Guru MarkZ [via PDK] I still think we are looking at a back date of Mar. 14th. Looking at dates usually gets us all in trouble …but it seems they are working on getting it out the door right now...we really are in a great spot as it all comes together...It could be today, tomorrow or next week….but we are at the end of it. Make sure you are ready and have a plan for as soon as it happens. I have a local banker that I have been harassing for years about this…..he said yesterday that he was starting to see some crazy values …he said we may finally get what we have been looking for. He is a local bank. It really is the perfect storm for the reset right now…Hoping today brings more good news…
3-5-2020 Intel/Newshound Guru sandyf Question: Revaluation. The bigger question is what do people understand by the term "revaluation". If a currency changes from X/USD to Y/USD is it a revaluation/devaluation or not. A redenomination of the national currency is a revaluation of the monetary unit and that is what was being considered by the CBI at the Shabibi was at the helm.
3-5-2020 Newshound/Intel Guru Mnt Goat Article: "DRAFT FEDERAL BUDGET LAW FOR THE FISCAL YEAR 2020 IS STILL IN THE MINISTRY OF FINANCE" Our reinstatement is based on the 2020 budget. They must pass it to get what we want. But first to pass it they must get the government in place... Of course, there is going to be Iranian backed resistance since the currency auction corruption feeding Iran will go away when this is concluded
3-5-2020 Newshound Guru Jeff Article quote "in the case that parliament fails to vote next time on the government cabinet it will be dissolved and early elections will be held." They're considering dissolving the government and holding early elections...Kurdistan wants to be part of the new government...equal say and equal majority within the formation of the new government. That's the reason they're dissolving the government...that's the reason they're playing you like a fool telling you that the current government is unstable so they can hold early elections in April to bring Kurdistan on board...
3-5-2020 Newshound Guru Adam Montana ...PM Allawi has..."withdrawn his candidacy"... So, what's next?... The Iraqi President can simply appoint someone (again), but it's not necessary to take drastic action. Maybe Mahdi steps back up (he was never really gone), but that doesn't make a difference either... The good news for us, and Iraq? No matter who steps into the Prime Minister role next, Allawi was able to get some wood chopped. Iran lost a LOT of power over the last month, for one. I think that may have more to do with Allawi's current decision than anything - he seems to want them completely gone, not just 80% reduced. Most importantly, and this is the crux of the matter, Allawi wasn't elected to this position in the first place - yet, things got done. In my opinion, the raise in the value of the Dinar is going to happen regardless of who is sitting in the Prime Minister chair. All of the things that need to happen in Iraq continue to happen, and "who" is sitting "where" does not seem to matter...as long as it's not Maliki! Someone will be in that seat, soon, and the train will continue to chug along. We are getting close...
3-5-2020 Newshound Guru MilitiaMan ...The CBI has not adjusted the money supply since November 2019.. imo... The more they get off the street the cheaper it may be in the end for them.. May support value to go along with it. Therefore, again I will say this, "The longer it takes, the more money we make." imo. So, that is my take on what may be the case.
3-5-2020 Newshound Guru Pimpy ...what the heck is going on in the dinar community? People running around panicking about all kinds of stuff. I've heard so much weird crap today...[Guru] Jeff is the only person who's still sticking to his guns. Jeff is saying that this thing is gonna happen between the end of March and sometime beginning of April...That's the way I felt about it [too] and there's no reason for me to change my mind...sometime between the end of March and the beginning of April...
3-5-2020 Newshound Guru Adam Montana [A continuing concern for me with this investment is that there are trillions of dinar in circulation internationally, and for an RV or RI to occur, at any value above about $.01, would seem to bankrupt Iraq, irrespective of its oil and other resources. ...I hope I'm missing something in this equation.] ...The Iraqi Dinar is a fiat currency, just like the US dollar, and logical rules utilizing responsible financial principals simply do not apply. For this reason alone, it simply does not need to make financial sense to RV. ...Iraq doesn't need a 1:1 reserve:cash ratio to have a 1:1 parity with the US dollar, or any other ratio to the dollar. The only thing that matters is "will it sell" - and, it will.
3-5-2020 Intel Guru Okie_Oil_Man ...YES I AM STILL ON HIGH ALERT AND AM WATCHING FOR AN E-MAIL (NUFF SAID)
3-5-2020 Intel Guru MarkZ [via PDK] I still think we are looking at a back date of Mar. 14th. Looking at dates usually gets us all in trouble …but it seems they are working on getting it out the door right now...we really are in a great spot as it all comes together...It could be today, tomorrow or next week….but we are at the end of it. Make sure you are ready and have a plan for as soon as it happens. I have a local banker that I have been harassing for years about this…..he said yesterday that he was starting to see some crazy values …he said we may finally get what we have been looking for. He is a local bank. It really is the perfect storm for the reset right now…Hoping today brings more good news…
3-5-2020 Intel/Newshound Guru sandyf Question: Revaluation. The bigger question is what do people understand by the term "revaluation". If a currency changes from X/USD to Y/USD is it a revaluation/devaluation or not. A redenomination of the national currency is a revaluation of the monetary unit and that is what was being considered by the CBI at the Shabibi was at the helm.
3-5-2020 Newshound/Intel Guru Mnt Goat Article: "DRAFT FEDERAL BUDGET LAW FOR THE FISCAL YEAR 2020 IS STILL IN THE MINISTRY OF FINANCE" Our reinstatement is based on the 2020 budget. They must pass it to get what we want. But first to pass it they must get the government in place... Of course, there is going to be Iranian backed resistance since the currency auction corruption feeding Iran will go away when this is concluded
3-5-2020 Newshound Guru Jeff Article quote "in the case that parliament fails to vote next time on the government cabinet it will be dissolved and early elections will be held." They're considering dissolving the government and holding early elections...Kurdistan wants to be part of the new government...equal say and equal majority within the formation of the new government. That's the reason they're dissolving the government...that's the reason they're playing you like a fool telling you that the current government is unstable so they can hold early elections in April to bring Kurdistan on board...
3-5-2020 Newshound Guru Adam Montana ...PM Allawi has..."withdrawn his candidacy"... So, what's next?... The Iraqi President can simply appoint someone (again), but it's not necessary to take drastic action. Maybe Mahdi steps back up (he was never really gone), but that doesn't make a difference either... The good news for us, and Iraq? No matter who steps into the Prime Minister role next, Allawi was able to get some wood chopped. Iran lost a LOT of power over the last month, for one. I think that may have more to do with Allawi's current decision than anything - he seems to want them completely gone, not just 80% reduced. Most importantly, and this is the crux of the matter, Allawi wasn't elected to this position in the first place - yet, things got done. In my opinion, the raise in the value of the Dinar is going to happen regardless of who is sitting in the Prime Minister chair. All of the things that need to happen in Iraq continue to happen, and "who" is sitting "where" does not seem to matter...as long as it's not Maliki! Someone will be in that seat, soon, and the train will continue to chug along. We are getting close...
3-4-2020 Intel Guru Bruce [via WiserNow] ...could we be notified and start tomorrow [Wednesday]? The answer is an outstanding YES – possibly...we understand that the redemption centers were to receive their schedules that would take them through Saturday March 14th until midnight...In other words, us – the internet group – we would get started and continue all the way through midnight on the 14th of march...which is... a week from this Saturday... Do we have any other indication that we’re just about there? ...We got an indication from the World Bank – yesterday – that talked about 2 days – today and tomorrow [Wednesday]...then we heard further from the World Bank that there was emphasis on tomorrow’s date (Wed 3-4-20)...It could go Thursday - we don’t know...this is a moving target... Really, we are down to the wire...this is not going to last much longer...Let’s just believe that no other hindrance will keep us from starting and everything is set...
3-4-2020 Newshound/Intel Guru Mnt Goat Article: "Urgent: The President of the Republic approves Allawi's resignation..." Where does Iraq go from here? Will the UN step in and take over? Probably not...I don’t think Iraq is at this point yet. They are still within their democratic government. Can the UN legally put in place a provisional government to run Iraq in the meantime. No, they cannot do this. How much longer can this go on before Iraqi economy really tanks? If they do not get the budget approved they can not go ahead with any of the projects they had planned for 2020. This new year is quickly slipping by. The economy too is stagnating and inflation could set in. Will us investors have to wait yet another year to 2021 to see the RV? This may very well be the case. It appears they just paid the Kurds their salaries. This is not in our favor and shows they already are using the 1/12 rule of the budget...
3-4-2020 Newshound Guru Jeff I'm not saying there's zero corruption...every country is gonna have some partial corruption. They're not gonna be 100% corrupt free...I'm looking at the former corrupt political figures who are now billionaires. Any of the new officials that are in place they might have some corruption but it's lower-level corruption. These guys aren't stealing gazillions of dollars becoming billionaires like the former ones...the CBI said they needed the corruption gone...since they held the election in May of '18 Maliki's gone. Barzani senior, he's gone. Najaf he's gone from parliament...the CBI doesn't care about small levels of corruption. Every country is gonna have that...the reason the CBI wanted the corruption gone and what they meant by that is they wanted the very extreme corrupt individual gone that were stealing billions of dollars...
3-4-2020 Intel Guru MarkZ [via PDK] Anticipation is high… Redemption Centers are manned…..sitting on “wait” [Footforward... thinks the RV will manifest by Mar. 20th…What are your thoughts?] I think anytime from 2 seconds from now to the 14th. That is what I think...I think they expect to have our transactions done before then and the average person on the street will be able to go in after the 14th is what I was told.
3-4-2020 Intel Guru Okie_Oil_Man P.M.S. DOESN'T MEAN WHAT YOU THINK —IT NOW MEANS—PACK MY SUITCASE -- HIGH ALERT NOW IN EFFECT— SINCE WERE PAST SUPER TUESDAY LETS NOW LOOK FORWARD TO WONDERFUL WEDNESDAY.
3-4-2020 Intel Guru Delta ...the budget does need the rate first IMO... monetary reform is moving forward and nothing will stop it...
3-4-2020 Intel Guru Frank26 ...wait till you see the new candidate that Trump brings in. Wait till you see the guy he wants as prime minister. This guy is a walking bulldog. And he's all for the United States...
3-4-2020 Newshound Guru Jeff ...Iraq can't do a dang thing. Iraq is frozen as far as launching their economy. Iraq cannot launch their economy until the rate changes. Iraq's economy is frozen. They can't even provide for the demonstrators...they said Iraq will be launching their economy on March 30th. Don't forget about that. That was roughly close to a month ago. They said there's gonna be a lot of heavy hitters - financial big players and they said Iraq will be launching their economy on March 30th...
3-4-2020 Intel Guru MarkZ [...Will dealers shut down when its time for appointments?] No, the dealers will stop selling at one rate and keep selling at another within a short time…maybe they will shut down for 30 minutes or so…but that is about it.
3-4-2020 Newshound Guru Kaperoni ...If they ever get to a point to approve the 2020 budget I assure you there is no rate change. Not how monetary policy works.
3-4-2020 Newshound Guru Vital Brad ...there's salaries from government employees that have been needing to get paid. They're saying they can pay the salaries right on this [Qi Card]. From my understanding the salaries were supposed to be paid at the new rate that's why they haven't been paid yet because the rate is still the same. They're saying these cards are set up to receive those salaries. Seems like we're waiting on a rate change. Seems like that's what the holdup is... [reference Vital Brad post 3-3-2020]
3-4-2020 Newshound/Intel Guru Mnt Goat Article: "Urgent: The President of the Republic approves Allawi's resignation..." Where does Iraq go from here? Will the UN step in and take over? Probably not...I don’t think Iraq is at this point yet. They are still within their democratic government. Can the UN legally put in place a provisional government to run Iraq in the meantime. No, they cannot do this. How much longer can this go on before Iraqi economy really tanks? If they do not get the budget approved they can not go ahead with any of the projects they had planned for 2020. This new year is quickly slipping by. The economy too is stagnating and inflation could set in. Will us investors have to wait yet another year to 2021 to see the RV? This may very well be the case. It appears they just paid the Kurds their salaries. This is not in our favor and shows they already are using the 1/12 rule of the budget...
3-4-2020 Newshound Guru Jeff I'm not saying there's zero corruption...every country is gonna have some partial corruption. They're not gonna be 100% corrupt free...I'm looking at the former corrupt political figures who are now billionaires. Any of the new officials that are in place they might have some corruption but it's lower-level corruption. These guys aren't stealing gazillions of dollars becoming billionaires like the former ones...the CBI said they needed the corruption gone...since they held the election in May of '18 Maliki's gone. Barzani senior, he's gone. Najaf he's gone from parliament...the CBI doesn't care about small levels of corruption. Every country is gonna have that...the reason the CBI wanted the corruption gone and what they meant by that is they wanted the very extreme corrupt individual gone that were stealing billions of dollars...
3-4-2020 Intel Guru MarkZ [via PDK] Anticipation is high… Redemption Centers are manned…..sitting on “wait” [Footforward... thinks the RV will manifest by Mar. 20th…What are your thoughts?] I think anytime from 2 seconds from now to the 14th. That is what I think...I think they expect to have our transactions done before then and the average person on the street will be able to go in after the 14th is what I was told.
3-4-2020 Intel Guru Okie_Oil_Man P.M.S. DOESN'T MEAN WHAT YOU THINK —IT NOW MEANS—PACK MY SUITCASE -- HIGH ALERT NOW IN EFFECT— SINCE WERE PAST SUPER TUESDAY LETS NOW LOOK FORWARD TO WONDERFUL WEDNESDAY.
3-4-2020 Intel Guru Delta ...the budget does need the rate first IMO... monetary reform is moving forward and nothing will stop it...
3-4-2020 Intel Guru Frank26 ...wait till you see the new candidate that Trump brings in. Wait till you see the guy he wants as prime minister. This guy is a walking bulldog. And he's all for the United States...
3-4-2020 Newshound Guru Jeff ...Iraq can't do a dang thing. Iraq is frozen as far as launching their economy. Iraq cannot launch their economy until the rate changes. Iraq's economy is frozen. They can't even provide for the demonstrators...they said Iraq will be launching their economy on March 30th. Don't forget about that. That was roughly close to a month ago. They said there's gonna be a lot of heavy hitters - financial big players and they said Iraq will be launching their economy on March 30th...
3-4-2020 Intel Guru MarkZ [...Will dealers shut down when its time for appointments?] No, the dealers will stop selling at one rate and keep selling at another within a short time…maybe they will shut down for 30 minutes or so…but that is about it.
3-4-2020 Newshound Guru Kaperoni ...If they ever get to a point to approve the 2020 budget I assure you there is no rate change. Not how monetary policy works.
3-4-2020 Newshound Guru Vital Brad ...there's salaries from government employees that have been needing to get paid. They're saying they can pay the salaries right on this [Qi Card]. From my understanding the salaries were supposed to be paid at the new rate that's why they haven't been paid yet because the rate is still the same. They're saying these cards are set up to receive those salaries. Seems like we're waiting on a rate change. Seems like that's what the holdup is... [reference Vital Brad post 3-3-2020]
3-3-2020 Intel Guru Frank26 ...If we get a prime minister this week there's a good chance you'll have your elections on next Sunday...we hope that in the next few days this cabinet will be announced by a new prime minister that Donald Trump is sending...
3-3-2020 Intel Guru Delta ...Does the Central Bank of Iraq really need the government or the budget to reinstate their currency? ...IMO the answer is no...the Central Bank of Iraq does not need the government in place for them to lift the value...
3-3-2020 Intel/Newshound Guru sandyf It cannot be disputed that Kap [Guru Kaperoni] has done the research, a great deal more than most...I do not agree with the 'float' theory... Agree that there will not be any significant overnight RV...I came into this in 2004 on the basis that the IQD could rise to around 10 cents under what was then the 7 year plan. By the time of the financial crisis it was fairly obvious that was not going to happen...I have said this before, that if there is to be any return it is not going to come from Iraq but possibly some sort of financial realignment on a global basis, but even that is a long shot...
3-3-2020 Intel Guru Okie_Oil_Man ...WHEN I ROSE UP THIS MORNING I THOUGHT THIS BEING SUPER TUESDAY I WOULD HAVE THE CONTACT INFORMATION PROMISED ME. WELL—I AM STILL WAITING AND AM STILL EXPECTING THE NOTIFICATION ANY MOMENT. THE PROCESS IS IN THE HANDS OF THE U.S.T. AND THEY WON'T SHARE THEIR SECRET'S WITH ME...ALSO THE RATE MAY BE DIFFERENT THAN WE THOUGHT BUT SHOULD SATISIFY EVERYONE. WE WILL BE DEALING WITH THE U.S.T. REGARDLESS OF OUR EXCHANGE AND REDEMPTION BANK CHOSEN. THE SECURITY AND SAFETY OF OUR U.S.T. ACCOUNT WILL BE ASSURED.
3-3-2020 Newshound Guru Vital Brad ...with all the struggle of getting the government seated things are still moving forward in the banking sector of Iraq. They've actually created...an international payment system through MasterCard. It's called the Qi Card. My question is why do they need an International payment card while their money isn't even international yet? ...Iraq isn't an internationally recognized currency...Their currency needs to be reinstated in the near future based on this technology in this card coming out...
3-3-2020 Intel Guru MarkZ [Any truth to the rumor that no RV until after the elections?] No…especially with the corona virus, the pandemic, the shut down of the global economy is going to force it…I still think this is the perfect storm to see the reset...I think we will see a lot of activity this week…whether or not we see the reset. Don’t panic…this is happening…
3-3-2020 Newshound Guru Jeff ...we don't know the whole truth to their elections. That's where they lie the most to the media...their politics...You have to look at the bigger picture...They used the entire year of '19 to set the stage and they still used part of Q1 2020 to set the stage. All of the facts show - they've set a temporary budget. They've delayed the 2020 budget to where they're not going to even start approving it until after the rate change. And they've blatantly told you what's in the 2020 budget. They told you the deficit is the reforms. They told us this budget contains everything for the citizens. Article 140. HCL. They told us all this. There's no question there. We know that factually. So when you look at the big picture everything factually shows they've set the stage to be ready for the rate change...
3-3-2020 Newshound Guru Pimpy ...if this rumor is true this is the type of PM we want to see go in there. Dr. Shabibi...When he was governor of the Central Bank he had a lot of different great relationships with the different blocks...why I would love for him to get in there is because he said this recently...although the IMF and the World Bank have implemented policies that help keep the CBI inflation really low in his opinion their monetary policies did not allow for the growth of Iraq. He said a rate change needed to take place. He wanted to increase the rate. Not at the $3.20 but he is one of the guys that talked about there having to be a "sweet spot". If we can magically get this guy in there as PM I feel way positive that a rate change would happen. I would love to see if this rumor is true.
3-3-2020 Newshound/Intel Guru Mnt Goat Just so you know…The legal expert, Tariq Harb, resolved Friday, the controversy over the possibility of not giving confidence to the government of the Prime Minister-designate, Muhammad Tawfiq Allawi, while the constitution affirmed that the President of the Republic was given the right to assign another candidate according to his opinion and to choose him without referring to the more bloc if parliament did not give confidence To the government in charge of. One way or the other Iraq will get its new prime minister to meet the legal deadline of 30 days from February 2nd which is March 3rd. [post 2 of 2]
3-3-2020 Newshound/Intel Guru Mnt Goat Article: "Urgent: The President of the Republic approves Allawi's resignation and demands the blocs to choose an alternative." Quote: “The President of the Republic: Consultation will be held to select a replacement candidate for Allawi within 15 days”. Then the candidate will have 30 days to get his cabinet ratified through parliament. So here we go again. I have to tell everyone this is almost the worst possible situation we could be in right now. We must all ...pray for a miracle. I am still being told that Allawi is the 3rd miracle for us in this evil fight against corruption. So I don’t know what kind of twist in fate is going to happen to bring about this miracle. Let us just relax and watch it play out. [post 1 of 2....stay tuned]
3-3-2020 Newshound Guru Adam Montana Article: "Iraq’s PM-designate Allawi steps down" Interesting development for sure... the next 36 hours are going to tell us a lot. Stay calm, everyone! ...This could turn out to be another delay or it might spark the best fire we could hope for.
3-3-2020 Intel Guru Frank26 I ask the question - What does the GOI have to do with the CBI's monetary reform? ...Nothing...there is one important thing though. The citizens of Iraq must believe in the GOI. They must believe in the plan...
3-3-2020 Intel Guru Delta ...Does the Central Bank of Iraq really need the government or the budget to reinstate their currency? ...IMO the answer is no...the Central Bank of Iraq does not need the government in place for them to lift the value...
3-3-2020 Intel/Newshound Guru sandyf It cannot be disputed that Kap [Guru Kaperoni] has done the research, a great deal more than most...I do not agree with the 'float' theory... Agree that there will not be any significant overnight RV...I came into this in 2004 on the basis that the IQD could rise to around 10 cents under what was then the 7 year plan. By the time of the financial crisis it was fairly obvious that was not going to happen...I have said this before, that if there is to be any return it is not going to come from Iraq but possibly some sort of financial realignment on a global basis, but even that is a long shot...
3-3-2020 Intel Guru Okie_Oil_Man ...WHEN I ROSE UP THIS MORNING I THOUGHT THIS BEING SUPER TUESDAY I WOULD HAVE THE CONTACT INFORMATION PROMISED ME. WELL—I AM STILL WAITING AND AM STILL EXPECTING THE NOTIFICATION ANY MOMENT. THE PROCESS IS IN THE HANDS OF THE U.S.T. AND THEY WON'T SHARE THEIR SECRET'S WITH ME...ALSO THE RATE MAY BE DIFFERENT THAN WE THOUGHT BUT SHOULD SATISIFY EVERYONE. WE WILL BE DEALING WITH THE U.S.T. REGARDLESS OF OUR EXCHANGE AND REDEMPTION BANK CHOSEN. THE SECURITY AND SAFETY OF OUR U.S.T. ACCOUNT WILL BE ASSURED.
3-3-2020 Newshound Guru Vital Brad ...with all the struggle of getting the government seated things are still moving forward in the banking sector of Iraq. They've actually created...an international payment system through MasterCard. It's called the Qi Card. My question is why do they need an International payment card while their money isn't even international yet? ...Iraq isn't an internationally recognized currency...Their currency needs to be reinstated in the near future based on this technology in this card coming out...
3-3-2020 Intel Guru MarkZ [Any truth to the rumor that no RV until after the elections?] No…especially with the corona virus, the pandemic, the shut down of the global economy is going to force it…I still think this is the perfect storm to see the reset...I think we will see a lot of activity this week…whether or not we see the reset. Don’t panic…this is happening…
3-3-2020 Newshound Guru Jeff ...we don't know the whole truth to their elections. That's where they lie the most to the media...their politics...You have to look at the bigger picture...They used the entire year of '19 to set the stage and they still used part of Q1 2020 to set the stage. All of the facts show - they've set a temporary budget. They've delayed the 2020 budget to where they're not going to even start approving it until after the rate change. And they've blatantly told you what's in the 2020 budget. They told you the deficit is the reforms. They told us this budget contains everything for the citizens. Article 140. HCL. They told us all this. There's no question there. We know that factually. So when you look at the big picture everything factually shows they've set the stage to be ready for the rate change...
3-3-2020 Newshound Guru Pimpy ...if this rumor is true this is the type of PM we want to see go in there. Dr. Shabibi...When he was governor of the Central Bank he had a lot of different great relationships with the different blocks...why I would love for him to get in there is because he said this recently...although the IMF and the World Bank have implemented policies that help keep the CBI inflation really low in his opinion their monetary policies did not allow for the growth of Iraq. He said a rate change needed to take place. He wanted to increase the rate. Not at the $3.20 but he is one of the guys that talked about there having to be a "sweet spot". If we can magically get this guy in there as PM I feel way positive that a rate change would happen. I would love to see if this rumor is true.
3-3-2020 Newshound/Intel Guru Mnt Goat Just so you know…The legal expert, Tariq Harb, resolved Friday, the controversy over the possibility of not giving confidence to the government of the Prime Minister-designate, Muhammad Tawfiq Allawi, while the constitution affirmed that the President of the Republic was given the right to assign another candidate according to his opinion and to choose him without referring to the more bloc if parliament did not give confidence To the government in charge of. One way or the other Iraq will get its new prime minister to meet the legal deadline of 30 days from February 2nd which is March 3rd. [post 2 of 2]
3-3-2020 Newshound/Intel Guru Mnt Goat Article: "Urgent: The President of the Republic approves Allawi's resignation and demands the blocs to choose an alternative." Quote: “The President of the Republic: Consultation will be held to select a replacement candidate for Allawi within 15 days”. Then the candidate will have 30 days to get his cabinet ratified through parliament. So here we go again. I have to tell everyone this is almost the worst possible situation we could be in right now. We must all ...pray for a miracle. I am still being told that Allawi is the 3rd miracle for us in this evil fight against corruption. So I don’t know what kind of twist in fate is going to happen to bring about this miracle. Let us just relax and watch it play out. [post 1 of 2....stay tuned]
3-3-2020 Newshound Guru Adam Montana Article: "Iraq’s PM-designate Allawi steps down" Interesting development for sure... the next 36 hours are going to tell us a lot. Stay calm, everyone! ...This could turn out to be another delay or it might spark the best fire we could hope for.
3-3-2020 Intel Guru Frank26 I ask the question - What does the GOI have to do with the CBI's monetary reform? ...Nothing...there is one important thing though. The citizens of Iraq must believe in the GOI. They must believe in the plan...
3-2-2020 Newshound/Intel Guru Walkingstick As a caretaker government Mahdi and his cabinet cannot issue bills to parliament but they can issue directives to other branches of the government. ie: release of funds to citizens, claim a holiday, etc..These do not require a vote in parliament...I agree, and yet the CBI has been prepared for quite some time... An event, Mahdi failed twice in its implementation...Myself, I put no faith in their abiding by their constitution... They opt to select when to abide by it when it's in ones best interest... In the years since it was voted on, all sitting governments have been in violation... Article 140, HCL... only 2 of many clear violations... [post 2 of 2]
3-2-2020 Newshound/Intel Guru Walkingstick IMO...Too much, focus...on Allawi...Keep in mind, whether...Allawi is seated or not...Iraq, does have...a seated and functioning government/cabinet in place...which, continues to convene and issue directives under Mahdi...Mahdi and his cabinet (form) nothing more then a care-taker government...Yet, they are in fact a seated government... Nor, can they now or have they ever had the authority to vote on a bill, to become law...The PM and his cabinet propose bills, which...in turn, are forwarded to parliament for a vote, which are then voted on...becoming law, or not... Parliament, on the other hand... is not, part of the executive branch... Any bill that has reached parliament, sitting in parliament (100's ) or was approved prior to Mahdis resignation can be voted on in parliament. ie: 2020 budget.. Parliament must also vote on the acceptance of a cabinet put forward by any PM... [post 1 of 2....stay tuned]
3-2-2020 Intel Guru MarkZ I am told we have had delays but should be getting news this afternoon. ...I expect Iraq to come fully on board as soon as they are allowed to see the release…we will see everything come together…the government miraculously sat…and all those issues gone…boom. [Do you think the uncertainty of the corona virus will hamper the redemption centers?] I was thinking this was a perfect storm to get it done…but I guess it could…staff not wanting to go to work to be exposed? I don’t think we should worry about it…I think it’s a bigger scare then it should be.
3-2-2020 Newshound Guru Jeff Article "Delaying the approval of the 2020 budget will lead to economic stagnation and harm the people". Quote - "It is the budget of the patient Iraqi people." Do you know why it's the budget of the people? It's actually never been the budget of the people before but it is now because this is the budget that has everything in it that's post rate change that is for the people. The reforms. The reconstruction...This is the first budget that's going to rebuild their entire country. That's going to give them a better life...
3-2-2020 Newshound Guru MilitiaMan Article: "Al-Nassiri: Delaying the approval of the 2020 budget will lead to economic stagnation and harm the people" All the bounce back and forth in politics in regard to the PM, is creating even more stress on and toward the end result to be sooner now than later for the economic reforms to be completed now. The oil price decline, the fears of corona virus, unemployment, economic stagnation, etc., the list goes on! The advice it appears to be from Samir al-Nassiri, is to get the reforms done and now. imo!
3-2-2020 Newshound Guru Vital Brad ...Allawi's government did not pass and the deadline was today to make it happen...what does this mean? What happens now? ...there's been talks about having a final session to pass Allawi's government but Haibousi, he's the speaker of parliament, he reminds me of Adam Schiff or Nancy Pelosi, he's trying to stop this at all costs. He's come forth and said times up. He's unsuccessful. Game over. This is what he wanted all along...Allawi officially apologized for the failure and announced his withdrawal. He wrote a letter to the President of the republic...Article Quote: "Saleh will begin consultation to select an alternative candidate within a period of 15 days." 15 days will put us at the 17th or 18th of March...
3-2-2020 Newshound Guru Jeff ...remember they...play a ton of games regarding their politics in the media. So be careful how you receive that [the prime minister tentatively resigning]...Even with what's going on they still have a stable enough government to change the rate. Remember, the CBI never said they needed to have a fully completed seat of government. What the CBI said before they agree to delete the zeros they said Iraq needs to remove their corruption...the corruption is gone...I'm not worried about the formation of the government. That's why I don't put a huge emphasis on it...
3-2-2020 Newshound Guru Chattels "Iraqi President Bahram Salih accepts the withdrawal of Mohammed Allawi as PM nominee & begins look for a new candidate."; "#Iraq PM designate@MohammedAllawi just tweeted he'll not make further attempts to form an Iraqi govt following failure of parliament to get quorum to vote on his candidates. Key question now is who will be the next designate charged by the Iraq president, within 15 days."
3-2-2020 Newshound Guru MilitiaMan Article: "Urgent .. Sources: Allawi Is Preparing To Announce His Withdrawal From The Mandate To Form A Government" I am not buying this latest news on withdrawal.. Not yet anyway.. Way to much at stake at this stage. And not to forget the accomplishments of the CBI.. The country still needs to run on money. Oil is putting pressure on everyone in the Region...
3-2-2020 Newshound/Intel Guru Walkingstick IMO...Too much, focus...on Allawi...Keep in mind, whether...Allawi is seated or not...Iraq, does have...a seated and functioning government/cabinet in place...which, continues to convene and issue directives under Mahdi...Mahdi and his cabinet (form) nothing more then a care-taker government...Yet, they are in fact a seated government... Nor, can they now or have they ever had the authority to vote on a bill, to become law...The PM and his cabinet propose bills, which...in turn, are forwarded to parliament for a vote, which are then voted on...becoming law, or not... Parliament, on the other hand... is not, part of the executive branch... Any bill that has reached parliament, sitting in parliament (100's ) or was approved prior to Mahdis resignation can be voted on in parliament. ie: 2020 budget.. Parliament must also vote on the acceptance of a cabinet put forward by any PM... [post 1 of 2....stay tuned]
3-2-2020 Intel Guru MarkZ I am told we have had delays but should be getting news this afternoon. ...I expect Iraq to come fully on board as soon as they are allowed to see the release…we will see everything come together…the government miraculously sat…and all those issues gone…boom. [Do you think the uncertainty of the corona virus will hamper the redemption centers?] I was thinking this was a perfect storm to get it done…but I guess it could…staff not wanting to go to work to be exposed? I don’t think we should worry about it…I think it’s a bigger scare then it should be.
3-2-2020 Newshound Guru Jeff Article "Delaying the approval of the 2020 budget will lead to economic stagnation and harm the people". Quote - "It is the budget of the patient Iraqi people." Do you know why it's the budget of the people? It's actually never been the budget of the people before but it is now because this is the budget that has everything in it that's post rate change that is for the people. The reforms. The reconstruction...This is the first budget that's going to rebuild their entire country. That's going to give them a better life...
3-2-2020 Newshound Guru MilitiaMan Article: "Al-Nassiri: Delaying the approval of the 2020 budget will lead to economic stagnation and harm the people" All the bounce back and forth in politics in regard to the PM, is creating even more stress on and toward the end result to be sooner now than later for the economic reforms to be completed now. The oil price decline, the fears of corona virus, unemployment, economic stagnation, etc., the list goes on! The advice it appears to be from Samir al-Nassiri, is to get the reforms done and now. imo!
3-2-2020 Newshound Guru Vital Brad ...Allawi's government did not pass and the deadline was today to make it happen...what does this mean? What happens now? ...there's been talks about having a final session to pass Allawi's government but Haibousi, he's the speaker of parliament, he reminds me of Adam Schiff or Nancy Pelosi, he's trying to stop this at all costs. He's come forth and said times up. He's unsuccessful. Game over. This is what he wanted all along...Allawi officially apologized for the failure and announced his withdrawal. He wrote a letter to the President of the republic...Article Quote: "Saleh will begin consultation to select an alternative candidate within a period of 15 days." 15 days will put us at the 17th or 18th of March...
3-2-2020 Newshound Guru Jeff ...remember they...play a ton of games regarding their politics in the media. So be careful how you receive that [the prime minister tentatively resigning]...Even with what's going on they still have a stable enough government to change the rate. Remember, the CBI never said they needed to have a fully completed seat of government. What the CBI said before they agree to delete the zeros they said Iraq needs to remove their corruption...the corruption is gone...I'm not worried about the formation of the government. That's why I don't put a huge emphasis on it...
3-2-2020 Newshound Guru Chattels "Iraqi President Bahram Salih accepts the withdrawal of Mohammed Allawi as PM nominee & begins look for a new candidate."; "#Iraq PM designate@MohammedAllawi just tweeted he'll not make further attempts to form an Iraqi govt following failure of parliament to get quorum to vote on his candidates. Key question now is who will be the next designate charged by the Iraq president, within 15 days."
3-2-2020 Newshound Guru MilitiaMan Article: "Urgent .. Sources: Allawi Is Preparing To Announce His Withdrawal From The Mandate To Form A Government" I am not buying this latest news on withdrawal.. Not yet anyway.. Way to much at stake at this stage. And not to forget the accomplishments of the CBI.. The country still needs to run on money. Oil is putting pressure on everyone in the Region...
3-1-2020 Intel Guru RayRen98 Sunday's vote has been postponed to Monday due to a lack of quorum. Baghdad news is broadcasting that Sadr is officially placed on the terrorist list for his actions regarding the murder of protestors. He faces severe sanctions from the US. It is rumored that Allawi will announce that he is resigning the Prime Minister appointment. Iraqi TV is reporting that Allawi will be a giving speech announcing his withdrawal from forming a cabinet. Time Will Tell!
3-1-2020 Intel Guru Frank26 Question How many days will it take the bank to credit our accounts at the exchange? You trade in a million dinar and it's worth a million dollars you get a million dollars credited to your bank account...electronically it's instantly...
3-1-2020 Newshound Guru Whitelions COUNCIL OF REPRESENTATIVES SESSION ADJOURNS FOR DAY AFTER FAILING TO ACHIEVE QUORUM...ULAIMANI — A session of the Council of Representatives on Sunday (March 1) to vote on Prime Minister-designate Mohammed Tawfiq Allawi’s proposed cabinet has been postponed after failing to achieve quorum.
3-1-2020 Intel Guru Delta & Newshound Guru MilitiaMan Delta: THIS IS THE PROVE [PROOF ?] OF ARTICLE VIII FROM CBI 55 PAGES DOCUMENTS ... Quote: "...and Iraq’s commitment to international agreements, in particular the application of provisions of texts Article 8 of the International Monetary Fund agreement..." MilitiaMan: Thank you Delta, bringing in the proof is fascinatingly apropos. You supported the data we have that they the CBI has offered the public. They have given notice of a change to come. They are on a time line now... That [document] gives legal text examples of the meaning for Foreign Currency and Hard Currency (USD) with respect to samples of internationalism to go along with it. They have and will have obligations now that they came out with that data. Whoo yahhh! imo Lets hope we see the train stop and the whistle blows the IQD announcement of a new international rate...!
3-1-2020 Intel Guru Frank26 Question: Do you think the CBI is itching to push the button right after the announcement of the new seated government? I don't know if the CBI is itching but I know we are. The United States is. The Fab 4 - all those who have taken them to that level they're at now. I know I am as an investor. I know contractors are definitely itching for that button to be pushed. As far as the CBI itself, the first flapping of the wings leaving the nest they're not easy...I think they're ready. And I think they're willing. And I think they're being pushed to the point whether they like it or not...
3-1-2020 Newshound Guru MilitiaMan ...From the CBIs perspective they are and have been ready and it is my understanding the CBI has publicly shown the citizens they are accepting the IMF obligations of Article 8. That was back on the 23rd of February 2020 in a 55 page report in Arabic. It mentions getting the flow of money to the citizens, lifting restrictions on their funds and allow freedom of external transfers of such funds. That report has me of the mind once it was published for the citizens, it was notice to the BIS...the citizens, and then to us that they are going to be lifting the exchange rate at a very close point in time, imo. Add in the printing of new notes, minting coins, all have been done with the afore being and end game notification if you will.. imo...
3-1-2020 Newshound/Intel Guru David M. Witty Iraqi Parliament delays vote on government of PM Mohammed Allawi due to lack of attendance.
3-1-2020 Intel Guru Okie_Oil_Man GOOD EVENING AMERICA SHIP'S AT SEA AND ALL OF OUR WORLD FRIENDS... WE ARE ONLY HOURS AWAY AND AT MOST A FEW DAYS OF RECEIVING OUR BLESSING...SOURCES ARE STATING OF THE PROBABILITY (POSSIBLE) OF THE RELEASE AT ANYTIME BUT MORE LIKELY AFTER MARCH 1. THAT MEANS THAT ANYTIME AFTER...(SUNDAY) WE STAND AN EXCELLENT CHANCE OF RECEIVING OUR NOTIFICATIONS. ...I HAVE RECEIVED ADDITIONAL INTEL REGARDING—RATES....THE RATES ON THE INTERNATIONAL CURRENCIES REMAINS HIGH AND CONTRACT RATES EVEN HIGHER.
3-1-2020 Intel Guru Frank26 Question How many days will it take the bank to credit our accounts at the exchange? You trade in a million dinar and it's worth a million dollars you get a million dollars credited to your bank account...electronically it's instantly...
3-1-2020 Newshound Guru Whitelions COUNCIL OF REPRESENTATIVES SESSION ADJOURNS FOR DAY AFTER FAILING TO ACHIEVE QUORUM...ULAIMANI — A session of the Council of Representatives on Sunday (March 1) to vote on Prime Minister-designate Mohammed Tawfiq Allawi’s proposed cabinet has been postponed after failing to achieve quorum.
3-1-2020 Intel Guru Delta & Newshound Guru MilitiaMan Delta: THIS IS THE PROVE [PROOF ?] OF ARTICLE VIII FROM CBI 55 PAGES DOCUMENTS ... Quote: "...and Iraq’s commitment to international agreements, in particular the application of provisions of texts Article 8 of the International Monetary Fund agreement..." MilitiaMan: Thank you Delta, bringing in the proof is fascinatingly apropos. You supported the data we have that they the CBI has offered the public. They have given notice of a change to come. They are on a time line now... That [document] gives legal text examples of the meaning for Foreign Currency and Hard Currency (USD) with respect to samples of internationalism to go along with it. They have and will have obligations now that they came out with that data. Whoo yahhh! imo Lets hope we see the train stop and the whistle blows the IQD announcement of a new international rate...!
3-1-2020 Intel Guru Frank26 Question: Do you think the CBI is itching to push the button right after the announcement of the new seated government? I don't know if the CBI is itching but I know we are. The United States is. The Fab 4 - all those who have taken them to that level they're at now. I know I am as an investor. I know contractors are definitely itching for that button to be pushed. As far as the CBI itself, the first flapping of the wings leaving the nest they're not easy...I think they're ready. And I think they're willing. And I think they're being pushed to the point whether they like it or not...
3-1-2020 Newshound Guru MilitiaMan ...From the CBIs perspective they are and have been ready and it is my understanding the CBI has publicly shown the citizens they are accepting the IMF obligations of Article 8. That was back on the 23rd of February 2020 in a 55 page report in Arabic. It mentions getting the flow of money to the citizens, lifting restrictions on their funds and allow freedom of external transfers of such funds. That report has me of the mind once it was published for the citizens, it was notice to the BIS...the citizens, and then to us that they are going to be lifting the exchange rate at a very close point in time, imo. Add in the printing of new notes, minting coins, all have been done with the afore being and end game notification if you will.. imo...
3-1-2020 Newshound/Intel Guru David M. Witty Iraqi Parliament delays vote on government of PM Mohammed Allawi due to lack of attendance.
3-1-2020 Intel Guru Okie_Oil_Man GOOD EVENING AMERICA SHIP'S AT SEA AND ALL OF OUR WORLD FRIENDS... WE ARE ONLY HOURS AWAY AND AT MOST A FEW DAYS OF RECEIVING OUR BLESSING...SOURCES ARE STATING OF THE PROBABILITY (POSSIBLE) OF THE RELEASE AT ANYTIME BUT MORE LIKELY AFTER MARCH 1. THAT MEANS THAT ANYTIME AFTER...(SUNDAY) WE STAND AN EXCELLENT CHANCE OF RECEIVING OUR NOTIFICATIONS. ...I HAVE RECEIVED ADDITIONAL INTEL REGARDING—RATES....THE RATES ON THE INTERNATIONAL CURRENCIES REMAINS HIGH AND CONTRACT RATES EVEN HIGHER.
2-29-2020 Newshound Guru MilitiaMan Just an interesting observation, imo. Allawi asks for an extra day to vote Cabinet confidence...But, to also note, what Allawi may have done is asked for this to go out one more day and got it...to assure the vote has no more wiggle room. Allawi has everything to gain and Parliament has everything to lose. imo Looks like somewhat of a Russian Roulette play...Allawi has been westernized... He apparently learned well and has a flavor for tactics and business... Something he has in common with the USA and Great Britain I suspect. He works at the western world speed, thereby, does things on time and or early. I also note...Quote: "The political expert, Bassel Hussein, confirmed that the date of expiry of Muhammad Tawfiq Allawi's mandate to form the government falls on the eighth of next March." The mandate suggests it has out to the 8th of March.. Okay? But, the assigning is for the 3rd. imo. What a Super Tuesday that will be? lol imo.
2-29-2020 Intel Guru Frank26 ...I told you when this thing happens you think the hard part has ended? No, the hard part is just starting for you. You're going to have to make some decisions with this money and if you make the wrong decisions, oh boy. Based on the way I see people study the Iraqi dinar I am scared they are going to become 'lottery winners' and lose everything within about 4 years...
2-29-2020 Newshound Guru Vital Brad We've just been notified that the parliament session that was supposed to held today on Saturday is now pushed to Sunday. They pushed it back a day. There still seems like a lot of urgency to get it done...by Monday March 2nd that's Allawi's last day to have his government set. Otherwise they can remove him as the Prime Minister and basically gonna start the process over. Tomorrow is gonna be a big day...things are really getting exciting with the Iraq stuff...
2-29-2020 Intel Guru MarkZ I hear once he gets the vote of confidence he will seat his cabinet within 72 hours…most of it was already approved.
2-29-2020 Intel Guru RayRen98 ALLAWI RECENTLY ANNOUNCED MAKING A DEAL WITH THE KURDS AND SUNNI'S. IT IS EXPECTED THAT THE CABINET WILL PASS ON SUNDAY'S VOTE - TIME WILL TELL
2-29-2020 Newshound Guru Vital Brad ...after going through several different documents...IMO...Iraq currency, they are not technically manipulating it. They're decommissioned. They were a war-torn country so they're having to take certain steps to get their currency reinstated so technically they're not manipulating their currency. But here's the good thing. What this forces Iraq to do is when their currency is reinstated...and this revaluation does happen, we know that their currency is gonna have to revalue at a fair amount. At least, IMO, 1 to 1 with the U.S. dollar - if not more.
2-29-2020 Newshound Guru Pimpy What does Iraq really need to do? They need to start developing companies, other streams of income away from the oil...they rely on it so much it's the biggest part of the GDP. But guess what? There's some very interesting news...It could just be we're about to get some outside investors in there. You know what happens if the outside investors get in there? They have do something with the rate. It can't be this low and it can't be too high...$1.34...they need this...these announcements just came out. Military industry, parking, food, dairy, bricks. This is a great opportunity for people to invest in Iraq. But more importantly it's about damn time to open their doors so that we could get these outside investors in there so we could change their freak'n rate of the dinar...we need this...
2-29-2020 Intel Guru Footforward They are out to destroy Allawi because he's exposing the corruption. MP's were paid to not show up and confirm the government in Iraq...
2-29-2020 Newshound Guru Kaperoni I'll say it again the only way the dinar is going to go up in value is when Iraq creates the conditions for investment to come into the country and rebuild through the private sector. And only with the success of that will be the success of the dinar. Monetary policy is a set of tools that control the exchange rate based on factors within the economy such as inflation. And as investment comes in the country inflation will also come forcing the CBI to use it's monetary tools. So the bottom line is if we're ever going to see the dinar go up in value we're going to have to see the success of a private sector market economy in Iraq. ...they need to pass laws, get the Prime Minister and his cabinet in place, and create stability so investors want to come.
2-29-2020 Intel Guru Frank26 ...I told you when this thing happens you think the hard part has ended? No, the hard part is just starting for you. You're going to have to make some decisions with this money and if you make the wrong decisions, oh boy. Based on the way I see people study the Iraqi dinar I am scared they are going to become 'lottery winners' and lose everything within about 4 years...
2-29-2020 Newshound Guru Vital Brad We've just been notified that the parliament session that was supposed to held today on Saturday is now pushed to Sunday. They pushed it back a day. There still seems like a lot of urgency to get it done...by Monday March 2nd that's Allawi's last day to have his government set. Otherwise they can remove him as the Prime Minister and basically gonna start the process over. Tomorrow is gonna be a big day...things are really getting exciting with the Iraq stuff...
2-29-2020 Intel Guru MarkZ I hear once he gets the vote of confidence he will seat his cabinet within 72 hours…most of it was already approved.
2-29-2020 Intel Guru RayRen98 ALLAWI RECENTLY ANNOUNCED MAKING A DEAL WITH THE KURDS AND SUNNI'S. IT IS EXPECTED THAT THE CABINET WILL PASS ON SUNDAY'S VOTE - TIME WILL TELL
2-29-2020 Newshound Guru Vital Brad ...after going through several different documents...IMO...Iraq currency, they are not technically manipulating it. They're decommissioned. They were a war-torn country so they're having to take certain steps to get their currency reinstated so technically they're not manipulating their currency. But here's the good thing. What this forces Iraq to do is when their currency is reinstated...and this revaluation does happen, we know that their currency is gonna have to revalue at a fair amount. At least, IMO, 1 to 1 with the U.S. dollar - if not more.
2-29-2020 Newshound Guru Pimpy What does Iraq really need to do? They need to start developing companies, other streams of income away from the oil...they rely on it so much it's the biggest part of the GDP. But guess what? There's some very interesting news...It could just be we're about to get some outside investors in there. You know what happens if the outside investors get in there? They have do something with the rate. It can't be this low and it can't be too high...$1.34...they need this...these announcements just came out. Military industry, parking, food, dairy, bricks. This is a great opportunity for people to invest in Iraq. But more importantly it's about damn time to open their doors so that we could get these outside investors in there so we could change their freak'n rate of the dinar...we need this...
2-29-2020 Intel Guru Footforward They are out to destroy Allawi because he's exposing the corruption. MP's were paid to not show up and confirm the government in Iraq...
2-29-2020 Newshound Guru Kaperoni I'll say it again the only way the dinar is going to go up in value is when Iraq creates the conditions for investment to come into the country and rebuild through the private sector. And only with the success of that will be the success of the dinar. Monetary policy is a set of tools that control the exchange rate based on factors within the economy such as inflation. And as investment comes in the country inflation will also come forcing the CBI to use it's monetary tools. So the bottom line is if we're ever going to see the dinar go up in value we're going to have to see the success of a private sector market economy in Iraq. ...they need to pass laws, get the Prime Minister and his cabinet in place, and create stability so investors want to come.
2-28-2020 Newshound/Intel Guru Mnt Goat Article: "MUHAMMAD ALLAWI CONFIRMS EARLY ELECTIONS: THE GOVERNMENT PROGRAM INCLUDES HOLDING IT WITHIN A YEAR" Quote: “WE AFFIRM THAT THE INDEPENDENT HIGH ELECTORAL COMMISSION WILL PROVIDE US WITH A SPECIFIC DATE THAT DOES NOT EXCEED A YEAR from this day.” I sincerely believe we will be out of this investment by then.
2-28-2020 Newshound Guru Chattels For a parliament session to obtain a quorum, half plus one of its members must show up to vote — which is 168 members. Half plus one of the attendees must vote for the Cabinet to approve it. This means Shiite parties can hold the parliament session or make quorum without the Sunni and Kurds, but today there were Shia defectors also and even if the Shia can muster quorum and decision without the support of Sunni and Kurdish parties will add to an already divisive situation in Iraq , in my view.
2-28-2020 Intel Guru Bruce I’m hearing that if we even got notified on Friday afternoon we could start Saturday - If we get notified on Saturday we could start Saturday afternoon... We probably won’t skip over Sunday unless we get notified prior to that and it could put us into a Mon-Tues start again – notified and start on Tuesday which is march 3rd – so this thing has really – really dragged out - to a very slow roll...so we are either very very close or we might not get it until past the weekend and we start Monday/Tuesday - That’s the latest I’ve got on that... I’ll just tell you this - we should have the Dinar at whatever rate it comes in – I don’t know where it’s going to end up – but the Dong should be 25-40 cents below the Dinar...Let’s see what happens between now and Tuesday...
2-28-2020 Intel Guru Frank26 ...On the 24th I think they pushed the button that 15 days later this Cabinet and this Prime Minister would receive the new budget that God willing with the new rate...
2-28-2020 Intel Guru MarkZ [Guru] Mr. Cottrell and I spoke this morning. This could be the absolute “Perfect Storm” we have been looking for. We know that financially we have been so close and now we have a rolling correction or a “rolling crash” as it rolls from one nation to the next. It is not a complete and total sell off...it is a very sharp correction. This is painting them in a corner. How better to save the world then to say “Hey…we have to stem this crash because of the corona virus…and this is how we are going to do it…with asset backed currency. There could not be a better opportunity to kick this in…This is in his opinion and mine.
2-28-2020 Newshound Guru Vital Brad Article "Iraq fails to form new government, prolonging crisis". They were supposed to meet on Thursday.
Allawi showed up. About a hundred members of parliament showed up and they couldn't get the job done...Allawi wants to put in what's called technocrats. People that aren't necessarily associated with a party...To try to get rid of this corruption...Allawi is really doing what the people of Iraq want. They want that Iranian influence out and by him coming in and putting a cabinet of technocrats or basically independents in potentially could take away that corruption...If he doesn't get it done by March 2nd, we're talking Monday, then his time's up...They're supposed to meet tomorrow. They've got to get it done tomorrow [By Monday at latest] otherwise Allawi's out. What does that mean? This thing could get dragged out...
2-28-2020 Newshound Guru Pimpy We've been trying to figure out if Iraq has the money to cover an exchange rate of $3.20. There's a lot of good arguments for it. I get it. I really do...but you know the amount of currency that Iraq has issued is way higher than what Kuwait has. It's not like a little bit. It's drastically higher. I mean huge. So that really lowers the value of the dinar because they have so much out there. What I'm hoping makes a difference is less than 5% of it is in country. I still think about 90% of it, 92% of it is in central banks everywhere. Not as much as people think are out there in the hands of spectators. I'm hoping that Iraq, IMF and World Bank realize that although there are some that are in the hands of the public but there's not that much of it. That they could go ahead and take a chance on a higher rate. In order for Iraq to really grow economically they're going to have to come out with the sweet spot. We know this...
2-28-2020 Newshound Guru Jeff ...since the beginning of the year I basically said...Iraq would take their sweet time because they really had nothing left to do and that's playing out tremendously within the formation of the government...they are milking the formation of the government. IMO though the formation of the government is done. Complete. I really wouldn't worry about it...we're at the end of this ride...it's all coming together right before our eyes...
2-28-2020 Intel Guru Footforward There has been a shift in the middle east and in Iraq. I hope people can see that. It's why I believe the RV is coming. Why I say actual progress is finally being made.
2-28-2020 Intel Guru Frank26 ...everything is ready to go. All you need is the rate. Because the rate change has to come before or with the budget. It's that simple...
2-28-2020 Newshound Guru Chattels For a parliament session to obtain a quorum, half plus one of its members must show up to vote — which is 168 members. Half plus one of the attendees must vote for the Cabinet to approve it. This means Shiite parties can hold the parliament session or make quorum without the Sunni and Kurds, but today there were Shia defectors also and even if the Shia can muster quorum and decision without the support of Sunni and Kurdish parties will add to an already divisive situation in Iraq , in my view.
2-28-2020 Intel Guru Bruce I’m hearing that if we even got notified on Friday afternoon we could start Saturday - If we get notified on Saturday we could start Saturday afternoon... We probably won’t skip over Sunday unless we get notified prior to that and it could put us into a Mon-Tues start again – notified and start on Tuesday which is march 3rd – so this thing has really – really dragged out - to a very slow roll...so we are either very very close or we might not get it until past the weekend and we start Monday/Tuesday - That’s the latest I’ve got on that... I’ll just tell you this - we should have the Dinar at whatever rate it comes in – I don’t know where it’s going to end up – but the Dong should be 25-40 cents below the Dinar...Let’s see what happens between now and Tuesday...
2-28-2020 Intel Guru Frank26 ...On the 24th I think they pushed the button that 15 days later this Cabinet and this Prime Minister would receive the new budget that God willing with the new rate...
2-28-2020 Intel Guru MarkZ [Guru] Mr. Cottrell and I spoke this morning. This could be the absolute “Perfect Storm” we have been looking for. We know that financially we have been so close and now we have a rolling correction or a “rolling crash” as it rolls from one nation to the next. It is not a complete and total sell off...it is a very sharp correction. This is painting them in a corner. How better to save the world then to say “Hey…we have to stem this crash because of the corona virus…and this is how we are going to do it…with asset backed currency. There could not be a better opportunity to kick this in…This is in his opinion and mine.
2-28-2020 Newshound Guru Vital Brad Article "Iraq fails to form new government, prolonging crisis". They were supposed to meet on Thursday.
Allawi showed up. About a hundred members of parliament showed up and they couldn't get the job done...Allawi wants to put in what's called technocrats. People that aren't necessarily associated with a party...To try to get rid of this corruption...Allawi is really doing what the people of Iraq want. They want that Iranian influence out and by him coming in and putting a cabinet of technocrats or basically independents in potentially could take away that corruption...If he doesn't get it done by March 2nd, we're talking Monday, then his time's up...They're supposed to meet tomorrow. They've got to get it done tomorrow [By Monday at latest] otherwise Allawi's out. What does that mean? This thing could get dragged out...
2-28-2020 Newshound Guru Pimpy We've been trying to figure out if Iraq has the money to cover an exchange rate of $3.20. There's a lot of good arguments for it. I get it. I really do...but you know the amount of currency that Iraq has issued is way higher than what Kuwait has. It's not like a little bit. It's drastically higher. I mean huge. So that really lowers the value of the dinar because they have so much out there. What I'm hoping makes a difference is less than 5% of it is in country. I still think about 90% of it, 92% of it is in central banks everywhere. Not as much as people think are out there in the hands of spectators. I'm hoping that Iraq, IMF and World Bank realize that although there are some that are in the hands of the public but there's not that much of it. That they could go ahead and take a chance on a higher rate. In order for Iraq to really grow economically they're going to have to come out with the sweet spot. We know this...
2-28-2020 Newshound Guru Jeff ...since the beginning of the year I basically said...Iraq would take their sweet time because they really had nothing left to do and that's playing out tremendously within the formation of the government...they are milking the formation of the government. IMO though the formation of the government is done. Complete. I really wouldn't worry about it...we're at the end of this ride...it's all coming together right before our eyes...
2-28-2020 Intel Guru Footforward There has been a shift in the middle east and in Iraq. I hope people can see that. It's why I believe the RV is coming. Why I say actual progress is finally being made.
2-28-2020 Intel Guru Frank26 ...everything is ready to go. All you need is the rate. Because the rate change has to come before or with the budget. It's that simple...
2-27-2020 Newshound Guru Pimpy ...I keep saying the rate's gonna come out about $1.34. I get that people are gonna try to make an argument for $3.20. I could tell you right now that the government of Iraq wants $3.20. They make a good argument for it...when it comes to the oil nations there's only like 3 countries that are less than I think $1.35. Most of them are all over $1. So yeah there's good reason to believe this but the point is what does Iraq have to support the rate? ...Iraq has to come out at the sweet spot or else it's really gonna kill them...
2-27-2020 Newshound Guru Jeff ...When the rate change occurs the US financial markets are gonna spike up, jump and dance. The markets were already too high. They were risking inflation so they had to bring the markets back down as a correction by the excuse of the Caronavirus so when the rate changes it can shoot back up to where they just came from...
2-27-2020 Intel Guru RayRen98 The vote for Allawi's cabinet has been postponed...one report indicates Sunday and one report indicates Saturday for reconvening to vote. Iraqi TV is showing a small representation of Parliament members at Thursday's session. Citizens are angry and took to the streets burning tires and throwing rocks through windows. Reportedly, a quorum was not established due to threats from Sadr's ministers not appearing at the session. A source reports that 4:00 Eastern today is targeted to possibly reconvene Parliament for a vote. Time Will Tell.
2-27-2020 Intel Guru Footforward The vote to confirm Allawi's government looks to have been pushed back to Saturday. Doesn't phase me one bit. Keep praying. This will happen. Of course this is just my opinion and not financial advice.
2-27-2020 Intel Guru Frank26 This past Monday they pushed the button on the 30 day countdown of the formation and announcement and the introduction of the budget and the introduction of the new rate all within that 30 day time-frame. This is all IMO. I don't know...I wanna say I feel I'm 99% positive about this but I have to be polite and say this is all my opinion because it's not like I can show you...because I can't...
2-27-2020 Newshound/Intel Guru Mnt Goat Article: "THE ARRIVAL OF THE 2020 BUDGET IN PARLIAMENT AFTER TWO WEEKS" Quote: "THE MINISTRIES OF FINANCE AND PLANNING WILL SET THE BROAD LINES OF THE BUDGET BEFORE SENDING IT TO PARLIAMENT FOR A VOTE." Sounds to me they have not yet spent any money from the budget so far for 2020.
2-27-2020 Intel Guru MarkZ All eyes are watching with expectation today…I will be watching this afternoon closely… I am hearing great things. Nobody knows the exact date…all we can do is speculate based on what we are told from bankers and contacts and world news and events... March is a very popular months for revaluations…do some research…many revaluations have happened in March.
2-27-2020 Intel Guru Frank26 ...we have a cloud of smoke from the excitement from the explosion IMO of them actually pushing a button...it's not dark humor. It's not science fiction. It's not a comedy. It's all great. The Prime Minister twice talked to the citizens of Iraq about the exchange rate for the improvement of their economy. Twice he's talked about the exchange rate. He also talked to them about the vote. And yeah they're gonna have the vote and he gave the reason why there won't be one today [Wednesday]. It looks like Thursday. Tomorrow hopefully they get it all done. That's really not important. It's really not. IMO the government has been functioning with no problem for quite a while...
2-27-2020 Newshound Guru Pimpy ...Dr. Shabibi wrote an article complaining that the monetary policies that the CBI is under from the IMF and World Bank helps keep inflation low but it really chokes off their ability to grow economically. He's the one pushing for a rate change...
2-27-2020 Newshound Guru MilitiaMan Article: "The central bank clarifies the administrative framework for financing imports and the mechanism for selling foreign currencies" Quote: "It also clarifies the process of collecting and sterilizing the local currency considering that this bank represents the monetary authority in Iraq." The act of sterilizing the local currency is a practice by major global players. It appears the CBI is preparing or is now prepared to defend their currency in world markets.. Something that the CBI has now been told to the world that they are now obliged to play by the IMF Rules.. imo.. Very good indeed imo. [Investopedia: Sterilization is a form of monetary action in which a central bank seeks to limit the effect of inflows and outflows of capital on the money supply. Sterilization most frequently involves the purchase or sale of financial assets by a central bank, and is designed to offset the effect of foreign exchange intervention.]
2-27-2020 Newshound Guru Jeff ...When the rate change occurs the US financial markets are gonna spike up, jump and dance. The markets were already too high. They were risking inflation so they had to bring the markets back down as a correction by the excuse of the Caronavirus so when the rate changes it can shoot back up to where they just came from...
2-27-2020 Intel Guru RayRen98 The vote for Allawi's cabinet has been postponed...one report indicates Sunday and one report indicates Saturday for reconvening to vote. Iraqi TV is showing a small representation of Parliament members at Thursday's session. Citizens are angry and took to the streets burning tires and throwing rocks through windows. Reportedly, a quorum was not established due to threats from Sadr's ministers not appearing at the session. A source reports that 4:00 Eastern today is targeted to possibly reconvene Parliament for a vote. Time Will Tell.
2-27-2020 Intel Guru Footforward The vote to confirm Allawi's government looks to have been pushed back to Saturday. Doesn't phase me one bit. Keep praying. This will happen. Of course this is just my opinion and not financial advice.
2-27-2020 Intel Guru Frank26 This past Monday they pushed the button on the 30 day countdown of the formation and announcement and the introduction of the budget and the introduction of the new rate all within that 30 day time-frame. This is all IMO. I don't know...I wanna say I feel I'm 99% positive about this but I have to be polite and say this is all my opinion because it's not like I can show you...because I can't...
2-27-2020 Newshound/Intel Guru Mnt Goat Article: "THE ARRIVAL OF THE 2020 BUDGET IN PARLIAMENT AFTER TWO WEEKS" Quote: "THE MINISTRIES OF FINANCE AND PLANNING WILL SET THE BROAD LINES OF THE BUDGET BEFORE SENDING IT TO PARLIAMENT FOR A VOTE." Sounds to me they have not yet spent any money from the budget so far for 2020.
2-27-2020 Intel Guru MarkZ All eyes are watching with expectation today…I will be watching this afternoon closely… I am hearing great things. Nobody knows the exact date…all we can do is speculate based on what we are told from bankers and contacts and world news and events... March is a very popular months for revaluations…do some research…many revaluations have happened in March.
2-27-2020 Intel Guru Frank26 ...we have a cloud of smoke from the excitement from the explosion IMO of them actually pushing a button...it's not dark humor. It's not science fiction. It's not a comedy. It's all great. The Prime Minister twice talked to the citizens of Iraq about the exchange rate for the improvement of their economy. Twice he's talked about the exchange rate. He also talked to them about the vote. And yeah they're gonna have the vote and he gave the reason why there won't be one today [Wednesday]. It looks like Thursday. Tomorrow hopefully they get it all done. That's really not important. It's really not. IMO the government has been functioning with no problem for quite a while...
2-27-2020 Newshound Guru Pimpy ...Dr. Shabibi wrote an article complaining that the monetary policies that the CBI is under from the IMF and World Bank helps keep inflation low but it really chokes off their ability to grow economically. He's the one pushing for a rate change...
2-27-2020 Newshound Guru MilitiaMan Article: "The central bank clarifies the administrative framework for financing imports and the mechanism for selling foreign currencies" Quote: "It also clarifies the process of collecting and sterilizing the local currency considering that this bank represents the monetary authority in Iraq." The act of sterilizing the local currency is a practice by major global players. It appears the CBI is preparing or is now prepared to defend their currency in world markets.. Something that the CBI has now been told to the world that they are now obliged to play by the IMF Rules.. imo.. Very good indeed imo. [Investopedia: Sterilization is a form of monetary action in which a central bank seeks to limit the effect of inflows and outflows of capital on the money supply. Sterilization most frequently involves the purchase or sale of financial assets by a central bank, and is designed to offset the effect of foreign exchange intervention.]
2-26-2020 Intel Guru MarkZ I hear that they want you to exchange in the country you are a citizen of. If you are out of your country at the time of exchange my guess is they handle the exchange in whatever exchange rate and currency your country uses?
2-26-2020 Intel Guru Bruce [via WiserNow] ...we’ve heard forever and a day that Iraq was going to post a new rate – put it in the Gazette - CBI was up - all of that good stuff - well, Iraq is basically waiting on our lead to go – for us to move forward – then they will essentially show their rate on CBI... I would not be surprised if finally overnight tonight and into tomorrow which is Wednesday that Iraq finally has their rate - finally has their new Iraqi Dinar with a new rate on the front screens of the banks and also that the Forex with an update again in the 2:15 in the morning range with an Iraqi rate...I think things are coming together for us...We are under the impression from some very high up sources in the know that we are in a 24 hour window now – right now...finally, with everything that’s been done and happening behind the scenes – we’re moving in the right direction...I just think we are really really just about ready to go...
2-26-2020 Newshound Guru Kaperoni ...one...They [CBI] are a professional organization utilizing professional techniques to manage and control the financial system in Iraq. Two, there is to much currency in circulation. Three, Iraq's total mineral net worth is 15 - 16 trillion dollars. At the current dinar in circulation, a 1 to $1 RV would completely bankrupt the country literally 3 times the entire worth of minerals including oil. Four, such an event would completely throw the entire financial system into chaos in Iraq. Five, monetary policy is a group of tools that support the demands of the financial system. A RV or RI completely circumvents that process. For example the CBI generates revenue from the buy/sell of currency. It also reserves the right to raise or lower the value to counter inflation or deflation from time to time if needed. A RV would not only create chaos, but would prevent the usage of those tools. And lastly a currencies value is determined by market forces. Not some random or arbitrary value. That is 6 solid reason the dinar could never and will never will RV/RI. Our only hope is a gradual appreciation directly related to the success of the private sector/market economy.
2-26-2020 Intel Guru Angle1 ...when we get to teller training [In Iraq] - teller training equals citizen education.
2-26-2020 Newshound/Intel Guru Mnt Goat So the drama of the ratification of Allawi to take the seat of the prime minister continues. We expect this to happen this week, probably Thursday. Then things should move quickly in Iraq.
2-26-2020 Intel Guru MarkZ [via PDK] Still no change of rate in Iraq…Bankers are still at the edge of their seats... [So is the rumor yesterday that the button has been pushed de-bunked?] Possibly something was pushed moving us forward but the reality is the RV has not taken place and we don’t have any money. Until I see people with money in their accounts...in my book, the button has not been pushed. I do think it’s a juggernaut at this point...it’s inevitable, it’s happening, it’s moving… [What does your contact say in Iraq?] They are looking for it to happen after the government gets its vote of confidence. This happens today I believe...I would say to start watching Iraq closely starting tomorrow. [Guru] Bruce said we are in a 24 hour window starting last night...I definitely do believe we are close.
2-26-2020 Newshound Guru Adam Montana [We should then be looking at a fully formed government which is a requirement for the rv to occur.] It's not a stated "requirement" by any means, but it is hard to see it happening without it. I don't think we need a "fully" formed government. 80-85% will do.
2-26-2020 Newshound Guru MilitiaMan Article quote: "Practical and Immediate Steps are needed for economic reforms"... I have to say the CBI of late has shown their ability to do just that.. The CBI today has suggest they have a published brochure to outline the mechanisms they will use to defend their currency in the open markets.. The CBI published data in Arabic that has some powerful implications on where this is headed!! The direction is perfect for us...imo!
2-26-2020 Newshound Guru Vital Brad In the whole 10 years that I've been following this there's more happening in Iraq than I've ever seen. Do I feel we're closer than ever? Absolutely. Do I feel like Iraq deserves to have their currency internationally recognized again - to be included with everybody else? Absolutely. There's no reason a country like Iraq that has so much...value should be excluded from the rest of the world. Am I happy that I personally am holding some Iraqi dinar? I am. I absolutely am...
2-26-2020 Intel Guru Bruce [via WiserNow] ...we’ve heard forever and a day that Iraq was going to post a new rate – put it in the Gazette - CBI was up - all of that good stuff - well, Iraq is basically waiting on our lead to go – for us to move forward – then they will essentially show their rate on CBI... I would not be surprised if finally overnight tonight and into tomorrow which is Wednesday that Iraq finally has their rate - finally has their new Iraqi Dinar with a new rate on the front screens of the banks and also that the Forex with an update again in the 2:15 in the morning range with an Iraqi rate...I think things are coming together for us...We are under the impression from some very high up sources in the know that we are in a 24 hour window now – right now...finally, with everything that’s been done and happening behind the scenes – we’re moving in the right direction...I just think we are really really just about ready to go...
2-26-2020 Newshound Guru Kaperoni ...one...They [CBI] are a professional organization utilizing professional techniques to manage and control the financial system in Iraq. Two, there is to much currency in circulation. Three, Iraq's total mineral net worth is 15 - 16 trillion dollars. At the current dinar in circulation, a 1 to $1 RV would completely bankrupt the country literally 3 times the entire worth of minerals including oil. Four, such an event would completely throw the entire financial system into chaos in Iraq. Five, monetary policy is a group of tools that support the demands of the financial system. A RV or RI completely circumvents that process. For example the CBI generates revenue from the buy/sell of currency. It also reserves the right to raise or lower the value to counter inflation or deflation from time to time if needed. A RV would not only create chaos, but would prevent the usage of those tools. And lastly a currencies value is determined by market forces. Not some random or arbitrary value. That is 6 solid reason the dinar could never and will never will RV/RI. Our only hope is a gradual appreciation directly related to the success of the private sector/market economy.
2-26-2020 Intel Guru Angle1 ...when we get to teller training [In Iraq] - teller training equals citizen education.
2-26-2020 Newshound/Intel Guru Mnt Goat So the drama of the ratification of Allawi to take the seat of the prime minister continues. We expect this to happen this week, probably Thursday. Then things should move quickly in Iraq.
2-26-2020 Intel Guru MarkZ [via PDK] Still no change of rate in Iraq…Bankers are still at the edge of their seats... [So is the rumor yesterday that the button has been pushed de-bunked?] Possibly something was pushed moving us forward but the reality is the RV has not taken place and we don’t have any money. Until I see people with money in their accounts...in my book, the button has not been pushed. I do think it’s a juggernaut at this point...it’s inevitable, it’s happening, it’s moving… [What does your contact say in Iraq?] They are looking for it to happen after the government gets its vote of confidence. This happens today I believe...I would say to start watching Iraq closely starting tomorrow. [Guru] Bruce said we are in a 24 hour window starting last night...I definitely do believe we are close.
2-26-2020 Newshound Guru Adam Montana [We should then be looking at a fully formed government which is a requirement for the rv to occur.] It's not a stated "requirement" by any means, but it is hard to see it happening without it. I don't think we need a "fully" formed government. 80-85% will do.
2-26-2020 Newshound Guru MilitiaMan Article quote: "Practical and Immediate Steps are needed for economic reforms"... I have to say the CBI of late has shown their ability to do just that.. The CBI today has suggest they have a published brochure to outline the mechanisms they will use to defend their currency in the open markets.. The CBI published data in Arabic that has some powerful implications on where this is headed!! The direction is perfect for us...imo!
2-26-2020 Newshound Guru Vital Brad In the whole 10 years that I've been following this there's more happening in Iraq than I've ever seen. Do I feel we're closer than ever? Absolutely. Do I feel like Iraq deserves to have their currency internationally recognized again - to be included with everybody else? Absolutely. There's no reason a country like Iraq that has so much...value should be excluded from the rest of the world. Am I happy that I personally am holding some Iraqi dinar? I am. I absolutely am...
2-25-2020 Intel Guru Frank26 [Question] From what I understand the new Prime Minister will have 30 days to reinstate the currency. No no no. the Central Bank of Iraq reinstates the currency. The prime minister announce it along with the governor. But the CBI's gonna do all the talking...
2-25-2020 Intel Guru MarkZ I did get to talk to [Guru] Okie twice this weekend…short calls because he gets out of breath…he is also excited about where we are at and the news he was getting over the weekend…
2-25-2020 Intel Guru Frank26 [Question] In your opinion is there a timeline limit once this occurs to exchange? ...very good question. I think that they are talking about that. There might be a time limit. We don't know that just yet...but it wouldn't be such a dramatic thing - 30 days. No no I think it would be a number of years...
2-25-2020 Newshound Guru Whitelions ... lets see what the cbi does when the cabinet is voted in...it looks like that will be very soon. The CBI is ready ...the work that is starting in the country is demanding it...not just the protesters but the contractors that are coming in are expecting it...not just the us but every country wanting to work in the country and the good thing is Iraq is being very picky about what country's it will do bis. with because they know they can...everybody wants a piece of this pie...but If I have to guess it would be with in the next 2 to 3 months...
2-25-2020 Newshound/Intel Guru tman23 ...Kap [Guru Kaperoni] posted the other day...16 trillion in whats in the ground...150 billion barrels... has been now just quadrupled...when that number 16 trillion was released...Trump in 2012 or there about tweeted...“US deficit 16 trillion and Iraq valued worth 16 trillion...INTERESTING!”...there is a plan here and it definitely is not Kaps market economy force...
2-25-2020 Intel Guru MarkZ [Guru Walkingstick told Frank they pushed the button.] I am hearing the same thing. …waiting for confirmation in the media.
2-25-2020 Newshound Guru Pimpy ...according to the Iraqi Constitution it says as clear as day that a budget must be put forward and by law they're supposed to wait 30 days. They have to keep reviewing it for 30 days. They give them 30 days minimum before they could pass the budget. If the budget's been submitted it's 30 days from then in which they vote on and go ahead to move the budget forward. Until now the budget has not been published...
2-25-2020 Newshound Guru Whitelions ...they will never ever post that they are going to change the rate of their currency, BUT we have all been in this a long time and can follow what and how things are going in that country ...
2-25-2020 Newshound Guru Vital Brad ...Part of me does feel like they will come out at a low rate...just throwing a number out there let's say 10 cents, something like that just to get back on the international market and get rid of some of the amount of the Iraqi dinar that's out there...get some people to turn in their dinar at a lower rate. I believe it can float up to a higher rate...Kuwait's currency right now I believe is around $3.40 and Iraq has much more oil reserves than Kuwait...there's no reason IMO they should be lower than Kuwait. So I think it'll get up there.
2-25-2020 Intel Guru Frank26 ...I would like to believe that it's true that President Trump has given them the date to stop using the American dollar in the auction and I believe that they have committed to it. And the fact that it's from Donald Trump who I don't think that's going to delayed or moved or anything. You don't trump Trump..
2-25-2020 Intel Guru MarkZ I did get to talk to [Guru] Okie twice this weekend…short calls because he gets out of breath…he is also excited about where we are at and the news he was getting over the weekend…
2-25-2020 Intel Guru Frank26 [Question] In your opinion is there a timeline limit once this occurs to exchange? ...very good question. I think that they are talking about that. There might be a time limit. We don't know that just yet...but it wouldn't be such a dramatic thing - 30 days. No no I think it would be a number of years...
2-25-2020 Newshound Guru Whitelions ... lets see what the cbi does when the cabinet is voted in...it looks like that will be very soon. The CBI is ready ...the work that is starting in the country is demanding it...not just the protesters but the contractors that are coming in are expecting it...not just the us but every country wanting to work in the country and the good thing is Iraq is being very picky about what country's it will do bis. with because they know they can...everybody wants a piece of this pie...but If I have to guess it would be with in the next 2 to 3 months...
2-25-2020 Newshound/Intel Guru tman23 ...Kap [Guru Kaperoni] posted the other day...16 trillion in whats in the ground...150 billion barrels... has been now just quadrupled...when that number 16 trillion was released...Trump in 2012 or there about tweeted...“US deficit 16 trillion and Iraq valued worth 16 trillion...INTERESTING!”...there is a plan here and it definitely is not Kaps market economy force...
2-25-2020 Intel Guru MarkZ [Guru Walkingstick told Frank they pushed the button.] I am hearing the same thing. …waiting for confirmation in the media.
2-25-2020 Newshound Guru Pimpy ...according to the Iraqi Constitution it says as clear as day that a budget must be put forward and by law they're supposed to wait 30 days. They have to keep reviewing it for 30 days. They give them 30 days minimum before they could pass the budget. If the budget's been submitted it's 30 days from then in which they vote on and go ahead to move the budget forward. Until now the budget has not been published...
2-25-2020 Newshound Guru Whitelions ...they will never ever post that they are going to change the rate of their currency, BUT we have all been in this a long time and can follow what and how things are going in that country ...
2-25-2020 Newshound Guru Vital Brad ...Part of me does feel like they will come out at a low rate...just throwing a number out there let's say 10 cents, something like that just to get back on the international market and get rid of some of the amount of the Iraqi dinar that's out there...get some people to turn in their dinar at a lower rate. I believe it can float up to a higher rate...Kuwait's currency right now I believe is around $3.40 and Iraq has much more oil reserves than Kuwait...there's no reason IMO they should be lower than Kuwait. So I think it'll get up there.
2-25-2020 Intel Guru Frank26 ...I would like to believe that it's true that President Trump has given them the date to stop using the American dollar in the auction and I believe that they have committed to it. And the fact that it's from Donald Trump who I don't think that's going to delayed or moved or anything. You don't trump Trump..
2-24-2020 Newshound/Intel Guru Francis Albert Currency investors here. Take heart. Regardless of what some "Never Dinarians" are writing lately...remember it is easy to argue any point when the fine points are not in the talk. I have studied these "money" matters for many years. And, to that end, anyone who argues that Iraq is not going to somehow, someway, someday go international and raise the value of their currency is simply not looking closely. Do I think It will suddenly pop up to some mythical $3.50 range overnight? Possible, for the Iraqi Dinar has years of history in this territory. So, a reinstatement is possible. If I were a betting chap I would say it comes out at .86 on Forex and makes a speedy dash higher.
2-24-2020 Newshound Guru Vital Brad It appears like Iraq might do exactly what Kuwait did. In 1991 they revalued their currency after their war on...March 24th 1991. If Iraq is gonna do this they're following in the footsteps of Kuwait IMO...They [Iraq] still owe Kuwait some money but they've already told us that to pay Kuwait that's gonna be in the 2020 budget. There are certain things in the 2020 budget that appear need to happen - that can't happen until there's a new rate. It looks like in Iraq everything right now is on standby until the reinstatement...come Monday they get their government set and then guys we're coming up on March. This was the same time 30 years ago just about that Kuwait revalued their currency...
2-24-2020 Intel Guru Frank26 ...it is a specific percentage of Parliament that is in attendance at that moment that creates a quorum...a percentage of that attendance is what determines a vote...332 would make a full quorum of Parliament but no body shows up like that all at once.
2-24-2020 Intel Guru MarkZ [via PDK] We are close…painfully close…I hate to whip anyone up with false hope but it really looks very good today. No rate change yet in Iraq…I spoke with my contractor contact and they are feeling very good though…At this point they believe as soon as new government is settled…they will see the new rate. A vote of confidence is scheduled for new Gov…I believe on Wed. We should sit back and watch the news happen today…..So much is coming together…
2-24-2020 Newshound Guru chattels Article quote: "The deficit is very large and can be overcome only through three axes. Either reduce operating expenses to a very large degree, especially the item of allocations and benefits, or resort to taxes. This is also a very big burden on the Iraqi people, or external borrowing, and this also bears the weight of future generations. ". No mention of deleting the zeroes or " RV " as a solution/remedy. Frankly, I would not expect any news or advance notice of such an impactful economic event(s).
2-24-2020 Intel Guru Frank26 ...It looks like Iraq is very serious about being a world power. They're using 'vehicles' to bring money in and out of Iraq in large amounts IMO from many other countries...they're jockeying for position. The race is about to start. This will cause the economy of Iraq to explode. This is huge...Gold was the first to move to the CBI IMO from many parts of the world last month and now we're seeing IMO large amounts of money that has a safe manner in which to enter and exit Iraq...Iraq is playing with the big boys they just got to announce it now...
2-24-2020 Newshound Guru Vital Brad ...Allawi's government is potentially gonna be done by Monday. We've heard a lot in this Iraq investment that the Iraq government needs to be set before they can reinstate or some people call it revalue their currency. So with that happening Monday does that mean that an RV is gonna happen soon after? This whole thing is in God's hands...I could have really really used this back in like 2012. It was a turning point in my life. It didn't happen and in hindsight it's a really good thing it didn't happen. I would have blown it like a lottery winner...I've grown a ton. I'm now gonna be a much better steward as I'm sure a lot of us are as opposed to having it happen back than...2020 maybe it's our year...
2-24-2020 Newshound Guru Vital Brad It appears like Iraq might do exactly what Kuwait did. In 1991 they revalued their currency after their war on...March 24th 1991. If Iraq is gonna do this they're following in the footsteps of Kuwait IMO...They [Iraq] still owe Kuwait some money but they've already told us that to pay Kuwait that's gonna be in the 2020 budget. There are certain things in the 2020 budget that appear need to happen - that can't happen until there's a new rate. It looks like in Iraq everything right now is on standby until the reinstatement...come Monday they get their government set and then guys we're coming up on March. This was the same time 30 years ago just about that Kuwait revalued their currency...
2-24-2020 Intel Guru Frank26 ...it is a specific percentage of Parliament that is in attendance at that moment that creates a quorum...a percentage of that attendance is what determines a vote...332 would make a full quorum of Parliament but no body shows up like that all at once.
2-24-2020 Intel Guru MarkZ [via PDK] We are close…painfully close…I hate to whip anyone up with false hope but it really looks very good today. No rate change yet in Iraq…I spoke with my contractor contact and they are feeling very good though…At this point they believe as soon as new government is settled…they will see the new rate. A vote of confidence is scheduled for new Gov…I believe on Wed. We should sit back and watch the news happen today…..So much is coming together…
2-24-2020 Newshound Guru chattels Article quote: "The deficit is very large and can be overcome only through three axes. Either reduce operating expenses to a very large degree, especially the item of allocations and benefits, or resort to taxes. This is also a very big burden on the Iraqi people, or external borrowing, and this also bears the weight of future generations. ". No mention of deleting the zeroes or " RV " as a solution/remedy. Frankly, I would not expect any news or advance notice of such an impactful economic event(s).
2-24-2020 Intel Guru Frank26 ...It looks like Iraq is very serious about being a world power. They're using 'vehicles' to bring money in and out of Iraq in large amounts IMO from many other countries...they're jockeying for position. The race is about to start. This will cause the economy of Iraq to explode. This is huge...Gold was the first to move to the CBI IMO from many parts of the world last month and now we're seeing IMO large amounts of money that has a safe manner in which to enter and exit Iraq...Iraq is playing with the big boys they just got to announce it now...
2-24-2020 Newshound Guru Vital Brad ...Allawi's government is potentially gonna be done by Monday. We've heard a lot in this Iraq investment that the Iraq government needs to be set before they can reinstate or some people call it revalue their currency. So with that happening Monday does that mean that an RV is gonna happen soon after? This whole thing is in God's hands...I could have really really used this back in like 2012. It was a turning point in my life. It didn't happen and in hindsight it's a really good thing it didn't happen. I would have blown it like a lottery winner...I've grown a ton. I'm now gonna be a much better steward as I'm sure a lot of us are as opposed to having it happen back than...2020 maybe it's our year...
2-23-2020 Newshound Guru Kaperoni I am very optimistic with this investment I just don't buy into the overnight RV/RI...Not how currencies work not how monetary policy works.
2-23-2020 Intel Guru Delta URGENT FROM IRAQI TV: Postpones the confidence-giving session for Allawi's government from tomorrow to next Wednesday...
2-23-2020 Intel Guru Footforward I suspect Allawi will have a government seated with very little drama and he will get more done in 30 days then anyone else has done in the last 15 years in Iraq.
2-23-2020 Newshound Guru Kaperoni ...You cannot arbitrarily raise the value of a currency to whatever you think it was before or should be. A currency's value is set by market forces. Even if you were going to raise the value substantially in Iraq they would LOP first deleting the zeros off the currency so it would be a minimal gain of 1X or 2X times your investment. No chance of a significant revaluation with so much currency in circulation... 42+ trillion currency in circulation is more than two and a half times the entire country's net worth. The only way to raise the value is gradually so that the currency in circulation can also be reduced. But it has been well documented that Iraq's intent is to create a market economy private sector and encourage significant investment into the country. Doing so would allow the currency to appreciate (float) as a result of significant inflationary pressure created by investment
And since that appears to be the plan there is no chance of a significant overnight RV/RI it's going to take time meaning months or years for the currency to go up in value.
2-23-2020 Newshound/Intel Guru David M. Witty Iraqi source says political blocs are placing stipulations on new PM designee Mohammed Allawi for formation of government: 1) foreign forces must leave, 2) US access restricted, 3) ministry positions for political blocs, 4) displaced persons returned. Iraqi Parliament to vote on giving confidence to PM nominee Mohammed Allawi on Wednesday.
2-23-2020 Newshound Guru chattels Article: "Parliament’s session to give confidence to Allawi’s government will be held next Wednesday" Monday's emergency session for the presentation of Allawi's government is not [now?] rumored to be Wednesday.
2-23-2020 Intel Guru Delta URGENT FROM IRAQI TV: Postpones the confidence-giving session for Allawi's government from tomorrow to next Wednesday...
2-23-2020 Intel Guru Footforward I suspect Allawi will have a government seated with very little drama and he will get more done in 30 days then anyone else has done in the last 15 years in Iraq.
2-23-2020 Newshound Guru Kaperoni ...You cannot arbitrarily raise the value of a currency to whatever you think it was before or should be. A currency's value is set by market forces. Even if you were going to raise the value substantially in Iraq they would LOP first deleting the zeros off the currency so it would be a minimal gain of 1X or 2X times your investment. No chance of a significant revaluation with so much currency in circulation... 42+ trillion currency in circulation is more than two and a half times the entire country's net worth. The only way to raise the value is gradually so that the currency in circulation can also be reduced. But it has been well documented that Iraq's intent is to create a market economy private sector and encourage significant investment into the country. Doing so would allow the currency to appreciate (float) as a result of significant inflationary pressure created by investment
And since that appears to be the plan there is no chance of a significant overnight RV/RI it's going to take time meaning months or years for the currency to go up in value.
2-23-2020 Newshound/Intel Guru David M. Witty Iraqi source says political blocs are placing stipulations on new PM designee Mohammed Allawi for formation of government: 1) foreign forces must leave, 2) US access restricted, 3) ministry positions for political blocs, 4) displaced persons returned. Iraqi Parliament to vote on giving confidence to PM nominee Mohammed Allawi on Wednesday.
2-23-2020 Newshound Guru chattels Article: "Parliament’s session to give confidence to Allawi’s government will be held next Wednesday" Monday's emergency session for the presentation of Allawi's government is not [now?] rumored to be Wednesday.
2-22-2020 Newshound Guru Jeff ...What this is is a reinstatement. The phrase "RV", that phrase "revaluation", all that was fabricated from this investment. That phrase never existed. "Rate change" existed but not "revaluation". This is a reinstatement. That means they have to bring back a former rate. I've studied the value of Iraq's rate through the last 100 years. The low side was about $2.80 and the high side was about $4.20. The point is they've never had a $1.00 rate to reinstate... Iraq 's currency devalued at $3.22 in about 2004...
2-22-2020 Newshound Guru Kaperoni ...nothing has happened politically in the last few months as of yet the new prime minister hasn't even been sworn in and his cabinet has not been voted on. In fact it has been scheduled for Monday but there are rumors that they won't even vote Monday, that many are now making a decision to not endorse the new prime minister and his cabinet. New protests are even anticipated.
2-22-2020 Intel Guru Frank26 ...this coming Monday...if we have a cabinet seated well then... 30 days later (which I think would be less) I really think that a new rate will be presented to the Prime Minister and his cabinet.
2-22-2020 Newshound Guru Pimpy ...we know Dr. Shabibi had a problem with the IMF's monetary policies because he felt like it was hurting Iraq. The policies causing the inflation to go low but it was not allowing for a lot of growth in Iraq economically. So he was not a fan of that. He's the one who suggested that we have a sweet spot. And there's a sweet spot of about $1.34. $1.34 is just high enough that inflation would stay low. It's also just low enough that outside investors would still feel tempted to come in and invest in the country. That's what we want to see...
2-22-2020 Newshound Guru Jeff ...Everything is pointing and circling around the rate change including the approval process of their 2020 budget. Facts are confirming the last step we're waiting on is the rate change. Everything in Iraq has been put on standby including the approval process of the but budget. It's all waiting on the rate change...Iraq is literally walking in Kuwait's footsteps time frame wise. Kuwait changed their rate on March 24th of 1991...
2-22-2020 Newshound Guru Chattels Article: "The Presidency of the Council of Representatives confirmed that an extraordinary session will be held next Monday to vote on the booth of Prime Minister-designate Muhammad Tawfiq Allawi." Quote: "The House of Representatives is obliged to hold an extraordinary session next Monday to give confidence to the next government, according to the invitation of the resigned Prime Minister, Adel Abdul-Mahdi,"
2-22-2020 Intel Guru Footforward Article: "IBBC Spring Conference 2020 ‘Iraq – Open for Business’ " Says right at the top of the article they are open for business. If they aren't international that's a false and misleading statement Open for business?! This tells me Iraq MUST be having an RV! You can't be open for business if you aren't international and you can't be international without an RV! I can't fathom they put this out there and then the RV drags on for two more years.
2-22-2020 Newshound Guru Jeff ...what is Iraq doing? Right now they're telling us they probably believe next Monday they're going to finish and approve the cabinet and/or the full government. That would be the new Prime Minister Allawi's government.
2-22-2020 Intel Guru Bruce [via WiserNow] ...we know that the Iraqi Dinar revalued their currency and we know that it was traded somewhere in the $3.35 range but was trading upward and was over $5.10 ...(Monday)...Now, where is it now? I don’t know- Where’s the Dong? I don’t think it’s lagging too far behind – because the front screen rate on the Dong is supposed to be between 25 – 40 cents below the Dinar on the front screen rate – I think they’re both going to do just fine – they are both going to get where they need to be...I was told by one Treasury source that this could happen at any minute... Everything is pointing toward this could happen at any moment...
2-22-2020 Newshound Guru Kaperoni ...nothing has happened politically in the last few months as of yet the new prime minister hasn't even been sworn in and his cabinet has not been voted on. In fact it has been scheduled for Monday but there are rumors that they won't even vote Monday, that many are now making a decision to not endorse the new prime minister and his cabinet. New protests are even anticipated.
2-22-2020 Intel Guru Frank26 ...this coming Monday...if we have a cabinet seated well then... 30 days later (which I think would be less) I really think that a new rate will be presented to the Prime Minister and his cabinet.
2-22-2020 Newshound Guru Pimpy ...we know Dr. Shabibi had a problem with the IMF's monetary policies because he felt like it was hurting Iraq. The policies causing the inflation to go low but it was not allowing for a lot of growth in Iraq economically. So he was not a fan of that. He's the one who suggested that we have a sweet spot. And there's a sweet spot of about $1.34. $1.34 is just high enough that inflation would stay low. It's also just low enough that outside investors would still feel tempted to come in and invest in the country. That's what we want to see...
2-22-2020 Newshound Guru Jeff ...Everything is pointing and circling around the rate change including the approval process of their 2020 budget. Facts are confirming the last step we're waiting on is the rate change. Everything in Iraq has been put on standby including the approval process of the but budget. It's all waiting on the rate change...Iraq is literally walking in Kuwait's footsteps time frame wise. Kuwait changed their rate on March 24th of 1991...
2-22-2020 Newshound Guru Chattels Article: "The Presidency of the Council of Representatives confirmed that an extraordinary session will be held next Monday to vote on the booth of Prime Minister-designate Muhammad Tawfiq Allawi." Quote: "The House of Representatives is obliged to hold an extraordinary session next Monday to give confidence to the next government, according to the invitation of the resigned Prime Minister, Adel Abdul-Mahdi,"
2-22-2020 Intel Guru Footforward Article: "IBBC Spring Conference 2020 ‘Iraq – Open for Business’ " Says right at the top of the article they are open for business. If they aren't international that's a false and misleading statement Open for business?! This tells me Iraq MUST be having an RV! You can't be open for business if you aren't international and you can't be international without an RV! I can't fathom they put this out there and then the RV drags on for two more years.
2-22-2020 Newshound Guru Jeff ...what is Iraq doing? Right now they're telling us they probably believe next Monday they're going to finish and approve the cabinet and/or the full government. That would be the new Prime Minister Allawi's government.
2-22-2020 Intel Guru Bruce [via WiserNow] ...we know that the Iraqi Dinar revalued their currency and we know that it was traded somewhere in the $3.35 range but was trading upward and was over $5.10 ...(Monday)...Now, where is it now? I don’t know- Where’s the Dong? I don’t think it’s lagging too far behind – because the front screen rate on the Dong is supposed to be between 25 – 40 cents below the Dinar on the front screen rate – I think they’re both going to do just fine – they are both going to get where they need to be...I was told by one Treasury source that this could happen at any minute... Everything is pointing toward this could happen at any moment...
2-21-2020 Newshound Guru MilitiaMan Article: "Al-Rafidain announces the opening of documentary credits for ministries, traders and private sector companies" Quote: "The documentary credit is one of the most secure payment methods in international trade..." ...about the country being ready to go international (or is now already), this supports that opinion quite well. ... this is telling the Global entities that they have the ability to get guaranteed payments and settlements in a manner that is acceptable to both buyer and seller in at an international level. They have this in place through a government agency of Al-Rafidain Bank!! All the pieces of the puzzle are now on the table and apparently in place! Go time..Or What? Imo.
2-21-2020 Newshound Guru Vital Brad ...Allawi is kicking butt...out of the 300 parliament members 220 deputies will vote to pass the Allawi government. Which is a really good sign. Another headline "Allawi's government enjoys great parliamentary and international support." Sounds like it's done - having his government in place...Monday the 24th are gonna have a vote for the government...when we have a government in place I think things are gonna start getting really exciting. So big things to come. Lots to look forward too...
2-21-2020 Intel Gurus MarkZ & Mike Cottrell MarkZ: HSBC and a number of banks even local and Regional are now on the RTP…Real Time Protectionsystem where even international stuff will only take seconds now instead of weeks before you have funds. Mike Cottrell: That technically is the QFS. Coordinating with CIPS and Swift with real time confirmations and deliveries of funds. This is required when we go to the new currency system. MarkZ: To me this is one of the best signs that we are well underway.
2-21-2020 Newshound Guru Kaperoni ...a few state banks are offering documentary credits to businesses in Iraq...This has to do with purchases/imports in US dollars and has nothing to do with the dinar exchange rate...Providing such a service helps the CBI control where dollars are going from the auction by having this banking oversight as well as a service to businesses needing to making foreign purchases.
2-21-2020 Newshound Guru MilitiaMan My view is they are fully disclosing to the world they are finishing the reforms and in very deliberate fashion. Yet they are using the PM cabinet as a smoke screen. By them publishing that the cabinet is completed, yet, they are stalling the vote in parliament, suggests they are staggering the date of the vote time frames in the news for a purpose... They suggested it was for yesterday, then today, now possibly Sunday, Monday and or even Tuesday next... Imo.
2-21-2020 Intel Guru RayRen98 A MEMBER DID REPORT TO ME THAT THEIR BANK CONTACT, WHO HAD BEEN QUIET FOR A LONG WHILE, CALLED THEM INQUIRING ABOUT AN INTEREST TO EXCHANGE... POSSIBLY THIS WEEKEND. THEY WILL KEEP ME UPDATED ON THEIR ACTIVITY.
2-21-2020 Intel Guru MarkZ I am looking for things to happen over the weekend to early next week. Bankers think its going to happen today. A number of sources think today is the day. ...I think this could be an exciting weekend. Almost all my sources are saying today, today, today…news is coming from all directions and it’s all positive. We are also being told Iraq has every intention of seating their Government with nearly all their leaders signing off on it. Things are really coming together quickly for us. I think it could be days…it could be hours…I think we are right on top of this.
2-21-2020 Newshound Guru MilitiaMan Article: "Disclosure...enhances the value of financial institutions locally and internationally" ...They are seriously speaking of value. Well if they are going to get linked with the International Community and even with the NASAQ, the values of these companies will need to be transparent and have real value... The NASDAQ has rules and they need to be followed, just as there are rules for Market Makers and the pricing of the shares. Same would hold true with the Forex, I suspect too. This is a very good sign...
2-21-2020 Intel Guru Frank26 ...IMO the Iraqi dinar is going to be paired with the American dollar. But here's a caveat. I believe it's only at the onset. I believe it's only at the beginning...because that's the way Donald Trump wants it...
2-21-2020 Newshound Guru MilitiaMan Article: "The central bank organizes a lecture in Mosul on financial inclusion" ...the above Mosul training was done days ago...imo... They speak of training at a very high level of internationalism. The CBI Statistics website has the stats on many things that facilitate money movement globally. They have the training parameters in place and or done by now through the managerial levels... Next step is the tellers.. Most likely that is or will be down to the last few hours and or last minutes... imo.
2-21-2020 Newshound Guru Vital Brad ...Allawi is kicking butt...out of the 300 parliament members 220 deputies will vote to pass the Allawi government. Which is a really good sign. Another headline "Allawi's government enjoys great parliamentary and international support." Sounds like it's done - having his government in place...Monday the 24th are gonna have a vote for the government...when we have a government in place I think things are gonna start getting really exciting. So big things to come. Lots to look forward too...
2-21-2020 Intel Gurus MarkZ & Mike Cottrell MarkZ: HSBC and a number of banks even local and Regional are now on the RTP…Real Time Protectionsystem where even international stuff will only take seconds now instead of weeks before you have funds. Mike Cottrell: That technically is the QFS. Coordinating with CIPS and Swift with real time confirmations and deliveries of funds. This is required when we go to the new currency system. MarkZ: To me this is one of the best signs that we are well underway.
2-21-2020 Newshound Guru Kaperoni ...a few state banks are offering documentary credits to businesses in Iraq...This has to do with purchases/imports in US dollars and has nothing to do with the dinar exchange rate...Providing such a service helps the CBI control where dollars are going from the auction by having this banking oversight as well as a service to businesses needing to making foreign purchases.
2-21-2020 Newshound Guru MilitiaMan My view is they are fully disclosing to the world they are finishing the reforms and in very deliberate fashion. Yet they are using the PM cabinet as a smoke screen. By them publishing that the cabinet is completed, yet, they are stalling the vote in parliament, suggests they are staggering the date of the vote time frames in the news for a purpose... They suggested it was for yesterday, then today, now possibly Sunday, Monday and or even Tuesday next... Imo.
2-21-2020 Intel Guru RayRen98 A MEMBER DID REPORT TO ME THAT THEIR BANK CONTACT, WHO HAD BEEN QUIET FOR A LONG WHILE, CALLED THEM INQUIRING ABOUT AN INTEREST TO EXCHANGE... POSSIBLY THIS WEEKEND. THEY WILL KEEP ME UPDATED ON THEIR ACTIVITY.
2-21-2020 Intel Guru MarkZ I am looking for things to happen over the weekend to early next week. Bankers think its going to happen today. A number of sources think today is the day. ...I think this could be an exciting weekend. Almost all my sources are saying today, today, today…news is coming from all directions and it’s all positive. We are also being told Iraq has every intention of seating their Government with nearly all their leaders signing off on it. Things are really coming together quickly for us. I think it could be days…it could be hours…I think we are right on top of this.
2-21-2020 Newshound Guru MilitiaMan Article: "Disclosure...enhances the value of financial institutions locally and internationally" ...They are seriously speaking of value. Well if they are going to get linked with the International Community and even with the NASAQ, the values of these companies will need to be transparent and have real value... The NASDAQ has rules and they need to be followed, just as there are rules for Market Makers and the pricing of the shares. Same would hold true with the Forex, I suspect too. This is a very good sign...
2-21-2020 Intel Guru Frank26 ...IMO the Iraqi dinar is going to be paired with the American dollar. But here's a caveat. I believe it's only at the onset. I believe it's only at the beginning...because that's the way Donald Trump wants it...
2-21-2020 Newshound Guru MilitiaMan Article: "The central bank organizes a lecture in Mosul on financial inclusion" ...the above Mosul training was done days ago...imo... They speak of training at a very high level of internationalism. The CBI Statistics website has the stats on many things that facilitate money movement globally. They have the training parameters in place and or done by now through the managerial levels... Next step is the tellers.. Most likely that is or will be down to the last few hours and or last minutes... imo.
2-20-2020 Intel Guru MarkZ [via PDK] It should have started on Tuesday…They had people positioned for a Tuesday start. I really believed that this was it and we were done…. Was this a misdirection? Did we hit a stall or did they plan it this way to cause confusion…
2-19-2020 Intel Guru Delta Article: "Rafidain Bank announces the opening of documentary credits to ministries, traders and private sector companies"
VERY HUGE ARTICLE...THEY ARE READY TO DO BUSINESS NOW...
2-20-2020 Newshound Guru MilitiaMan From Guru Frank26: "Regular meetings now between CBI Board, IMF, AMF and UST." For them to be having meetings with those four should assure us that this is coming together so very well and orchestrated to be in synchronization with the new PM and his fresh independent cabinet even with the ISX to down to bank tellers. The four Global Enities would be the ones to give the guidance to the CBs, Private Banks and then down to the bank managers, as they will need to know what to teach the tellers. They'll need to know what to tell the citizens about the value and the longevity of the coexistence of the varied currencies they will hold for what ever period of time they decide. That is effectively end game for us when that happens. imo.
2-20-2020 Intel Guru MarkZ [via PKD] We don’t have a change of rate in Iraq yet. [Will it be a shotgun start?] I believe it will be a shotgun start…so no double dipping for anyone.
2-20-2020 Intel Guru Footforward [What are your thoughts...on what will happen next after he [Allawi] seats his Cabinet and it gets approved...] They will immediately get to work on the budget. This isn't holding up the RV. But it certainly doesn't hurt things one bit.
2-20-2020 Intel Guru MarkZ [via PDK] HSBC is announcing that their RTP-Real time Payment system has launched. A couple other banks have done the same. This is huge…. This is the QFS system…. This is the new blockchain system…. This is where they can do real-time transaction from all over the world in seconds. This process used to take 10 days. So this is enormous news. To me this is a big piece letting us know our banking system is online. This means we are no longer on the Swift system as we know it. This is really big news.
2-20-2020 Newshound Guru Adam Montana Article: "Newspaper: Allawi chose 3 characters for each ministry and placed the ball in the parliament stadium" Quote: "Allawi chose 57 characters, 3 persons for each ministry, which means that he put the ball in the parliament’s court by not requiring one person for each ministry because if he rejects it, this may affect the entire government formation." The only concerns I had with Allawi have been covered - I felt like if he was going to be ousted or “convinced” to resign, it was going to happen quickly. Like, “within the first week” quickly. We are well beyond that, and the “backups for the backups” says they are getting things donnnneee! “You don’t like that choice? FINE, here’s another one. And another!
2-20-2020 Newshound/Intel Guru Mnt Goat Article: "DEPUTY: 90% OF THE CURRENT REPRESENTATIVES WILL NOT RETURN TO THEIR SEATS IN THE UPCOMING ELECTIONS" Quote: "DURING ITS SESSION, ON DECEMBER 24, 2019, THE HOUSE OF REPRESENTATIVES VOTED ON THE ELECTION LAW LEGISLATION" So here it is in black and white. The Iraqi election law was already voted on and passed in parliament. ...So why is the news media telling us they still need to do this? This again is a FAKE spin on the news. They want to confuse and stall everything indefinitely. The real reason why they can’t yet implement it is they need candidates for the early elections and also they will need a way to prosecute the corrupt that will be taken out of the government. Already Iraq has hired consultants to come into Iraq to help clarify the procedure to run this new type of “open” election process. They are working out the details and will be successful.
2-20-2020 Newshound Guru MilitiaMan Article: "Deputy: Karbala’s 2020 budget is devoid of new project" [How can there be an RI when there is such a large deficit and no new projects?] I think they are about to change things, as this suggests they have the 2019 budget which, imo would reflect the FML amendment that will facilitate the new rate we expect to precede the 2020... Thus, they seem to know already that there is a big change coming...imo ! This is a good one!! ~ imo.
2-19-2020 Intel Guru Delta Article: "Rafidain Bank announces the opening of documentary credits to ministries, traders and private sector companies"
VERY HUGE ARTICLE...THEY ARE READY TO DO BUSINESS NOW...
2-20-2020 Newshound Guru MilitiaMan From Guru Frank26: "Regular meetings now between CBI Board, IMF, AMF and UST." For them to be having meetings with those four should assure us that this is coming together so very well and orchestrated to be in synchronization with the new PM and his fresh independent cabinet even with the ISX to down to bank tellers. The four Global Enities would be the ones to give the guidance to the CBs, Private Banks and then down to the bank managers, as they will need to know what to teach the tellers. They'll need to know what to tell the citizens about the value and the longevity of the coexistence of the varied currencies they will hold for what ever period of time they decide. That is effectively end game for us when that happens. imo.
2-20-2020 Intel Guru MarkZ [via PKD] We don’t have a change of rate in Iraq yet. [Will it be a shotgun start?] I believe it will be a shotgun start…so no double dipping for anyone.
2-20-2020 Intel Guru Footforward [What are your thoughts...on what will happen next after he [Allawi] seats his Cabinet and it gets approved...] They will immediately get to work on the budget. This isn't holding up the RV. But it certainly doesn't hurt things one bit.
2-20-2020 Intel Guru MarkZ [via PDK] HSBC is announcing that their RTP-Real time Payment system has launched. A couple other banks have done the same. This is huge…. This is the QFS system…. This is the new blockchain system…. This is where they can do real-time transaction from all over the world in seconds. This process used to take 10 days. So this is enormous news. To me this is a big piece letting us know our banking system is online. This means we are no longer on the Swift system as we know it. This is really big news.
2-20-2020 Newshound Guru Adam Montana Article: "Newspaper: Allawi chose 3 characters for each ministry and placed the ball in the parliament stadium" Quote: "Allawi chose 57 characters, 3 persons for each ministry, which means that he put the ball in the parliament’s court by not requiring one person for each ministry because if he rejects it, this may affect the entire government formation." The only concerns I had with Allawi have been covered - I felt like if he was going to be ousted or “convinced” to resign, it was going to happen quickly. Like, “within the first week” quickly. We are well beyond that, and the “backups for the backups” says they are getting things donnnneee! “You don’t like that choice? FINE, here’s another one. And another!
2-20-2020 Newshound/Intel Guru Mnt Goat Article: "DEPUTY: 90% OF THE CURRENT REPRESENTATIVES WILL NOT RETURN TO THEIR SEATS IN THE UPCOMING ELECTIONS" Quote: "DURING ITS SESSION, ON DECEMBER 24, 2019, THE HOUSE OF REPRESENTATIVES VOTED ON THE ELECTION LAW LEGISLATION" So here it is in black and white. The Iraqi election law was already voted on and passed in parliament. ...So why is the news media telling us they still need to do this? This again is a FAKE spin on the news. They want to confuse and stall everything indefinitely. The real reason why they can’t yet implement it is they need candidates for the early elections and also they will need a way to prosecute the corrupt that will be taken out of the government. Already Iraq has hired consultants to come into Iraq to help clarify the procedure to run this new type of “open” election process. They are working out the details and will be successful.
2-20-2020 Newshound Guru MilitiaMan Article: "Deputy: Karbala’s 2020 budget is devoid of new project" [How can there be an RI when there is such a large deficit and no new projects?] I think they are about to change things, as this suggests they have the 2019 budget which, imo would reflect the FML amendment that will facilitate the new rate we expect to precede the 2020... Thus, they seem to know already that there is a big change coming...imo ! This is a good one!! ~ imo.
2-19-2020 Intel Guru Bruce ...Now, what about clean up on isle 3? ...there is a lot happening – even today - through the end of the month and into next month – there’s a lot of clean up to do...Has enough occurred to where we are prepared to see the green light go into effect for us? That we do not know – When it gets as quiet as it’s been today...we have to look at that as a good sign – it either means more people are under gag orders - or NDA – and we are just waiting for that to happen but we just can’t tell – what is going on behind the scenes...There’s a lot of questions that we just don’t have the really, really good answers for... I am frustrated because I know that we are very close... [post 2 of 2]
2-19-2020 Intel Guru Bruce [via WiserNow] ...we’ve been informed by people that speak directly to Iraq and to some Iraqi’s that yes they did revalue their currency on Sunday...and there should be a new rate showing – but I don’t know if we can see it yet – on the Central Bank of Iraq website ...Now, that goes under the question mark column right now until we get absolute proof that it occurred – I believe it has - by what I’ve been told...we know the forex updates in the morning – tomorrow [Wednesday]...we are looking for new rates to show on all the currencies that we’re talking about - We believe the front screen bank rates will reflect the forex rates - the back screen rates are another issue entirely...We know the redemption centers were prepared today – and will be tomorrow [Wednesday]... [post 1 of 2....stay tuned]
2-19-2020 Newshound Guru Adam Montana ...You may have noticed a lack of chatter about "protesters" over the last week or two...that's just one of the topics that has quietly just left the news. Of course we don't see anyone making a big deal out of positive news, because that's not the kind of stuff that sells newspapers. But it IS the kind of thing we want to see, because it's what is going to lead us to a higher value on the Dinar. Allawi is building a foundation, the pieces are falling into place, and I have nothing negative to report.
2-19-2020 Newshound/Intel Guru Mnt Goat Article: "WORLD BANK INFORMS IRAQ THAT ITS FINANCIAL SITUATION IS IN DANGER, ESPECIALLY WITH REGARD TO SALARIES OF STATE EMPLOYEES" Like I said before, if Iraq missing this opportunity this time there will be no other opportunities. The trend is to move away from oil based economies and wealth is short-lived. They should have already rebuilt their country ten times better than it was before. But instead they pissed the money away to Iran to support terrorism. This only made things worst off in Iraq and in the middle east in general. Now they have to do these reforms or else! One of these reforms is the project to delete the zeros which leads to the reinstatement thus our RV.
2-19-2020 Newshound Guru Pimpy ...when Trump was at Davos the chairman of the World Trade Organization told everyone that he was working with the Trump Administration and they were gonna be implementing new policies when it comes to currency manipulation. This is good. We want this especially if you're holding Vietnam dong. Where it goes to nobody knows...The Iraq dinar is in a whole different situation...this new rule is getting ready to come in effect. I believe it is in March...I think we're gonna see some currencies change here shortly. How much I don't know. Will it happen before the rules are implemented? I don't know. We're gonna find out...
2-19-2020 Intel Guru Frank26 ...Shabibi was not hired by the CBI and he has not been there. He has been no where near the CBI for the past 5 years. Maliki tried to kill him and ever since then we've [The U.S.] been trying to protect him...he was hired to maintain the exchange rate of the British pound and he's still there doing it. He was hired in the early spring of '19...
2-19-2020 Intel Guru MarkZ ...I spoke with my contacts and No new rate in Iraq…yet…I am calling bunk to the rumors they got a new rate last weekend of $3.46. At least they are not seeing anything at the street level. [Are we waiting for Trump to release the RV?] I am of the...mindset...that he has signed off...I don’t think we are waiting on Trump to do anything at this point. ...There was a flurry of activity last night…Everybody is at the edge of their seats...All jittery this morning waiting to see if today it just “pops out”...
2-19-2020 Newshound Guru MilitiaMan Article: "Deputy: Karbala’s 2020 budget is devoid of new projects" They have told us in recent past that they finished the 2019 Financial Management Law with an Amendment to it, that is to facilitate the 2020 budget. Sounds to me like this is suggesting they have what we are waiting on and that is the rate to which they will use to fund the projects... I suspect that they can't keep this tiger held back much longer. I also suspect leaks will emerge!! imo.
2-19-2020 Intel Guru Frank26 ...we as a team feel that the cabinet is what is about to be presented to the citizens of Iraq. Then we feel a rate because Kurdistan is happy with the mathematics of the budget for article 140. That is the key telling us the rate is approved and ready to come out. Then the third thing would be a budget. Cabinet. Rate. Budget. Or give us the cabinet and then give us the rate and budget together. That is the sequence we are studying right now...
2-19-2020 Newshound/Intel Guru Mnt Goat So...last Wednesday Feb 12th, we read that quote - “Muhammad Allawi succeeds in completing his cabinet, away from the interference of the blocs and their pressures”...Did this really occur? ...We know for a fact that if Allawi really has the overwhelming support for his new government, as he claims, then he would have already presented the candidates and a vote would have been conducted in a “extra-ordinary” session as they claim they were going to do on Sunday Feb 16th...but now we hear that parliament went on recess and so they can’t even vote until Thursday. ...So where does this issue of getting Allwai and the new government ratified in parliament really stand? ...They are still fighting with the blocks who want the quota system and the corrupt people put in these positions. So recently there was a meeting and they discussed 6 points of contention with leaving the Us military in place in Iraq. This meeting went well. The US is still going to remain in Iraq and have a strong presence. So the US is going to back Allawi and his new government. Now that this is taken care of we will see the progression on Allwai and his new government move ahead quickly.
2-19-2020 Intel Guru Bruce [via WiserNow] ...we’ve been informed by people that speak directly to Iraq and to some Iraqi’s that yes they did revalue their currency on Sunday...and there should be a new rate showing – but I don’t know if we can see it yet – on the Central Bank of Iraq website ...Now, that goes under the question mark column right now until we get absolute proof that it occurred – I believe it has - by what I’ve been told...we know the forex updates in the morning – tomorrow [Wednesday]...we are looking for new rates to show on all the currencies that we’re talking about - We believe the front screen bank rates will reflect the forex rates - the back screen rates are another issue entirely...We know the redemption centers were prepared today – and will be tomorrow [Wednesday]... [post 1 of 2....stay tuned]
2-19-2020 Newshound Guru Adam Montana ...You may have noticed a lack of chatter about "protesters" over the last week or two...that's just one of the topics that has quietly just left the news. Of course we don't see anyone making a big deal out of positive news, because that's not the kind of stuff that sells newspapers. But it IS the kind of thing we want to see, because it's what is going to lead us to a higher value on the Dinar. Allawi is building a foundation, the pieces are falling into place, and I have nothing negative to report.
2-19-2020 Newshound/Intel Guru Mnt Goat Article: "WORLD BANK INFORMS IRAQ THAT ITS FINANCIAL SITUATION IS IN DANGER, ESPECIALLY WITH REGARD TO SALARIES OF STATE EMPLOYEES" Like I said before, if Iraq missing this opportunity this time there will be no other opportunities. The trend is to move away from oil based economies and wealth is short-lived. They should have already rebuilt their country ten times better than it was before. But instead they pissed the money away to Iran to support terrorism. This only made things worst off in Iraq and in the middle east in general. Now they have to do these reforms or else! One of these reforms is the project to delete the zeros which leads to the reinstatement thus our RV.
2-19-2020 Newshound Guru Pimpy ...when Trump was at Davos the chairman of the World Trade Organization told everyone that he was working with the Trump Administration and they were gonna be implementing new policies when it comes to currency manipulation. This is good. We want this especially if you're holding Vietnam dong. Where it goes to nobody knows...The Iraq dinar is in a whole different situation...this new rule is getting ready to come in effect. I believe it is in March...I think we're gonna see some currencies change here shortly. How much I don't know. Will it happen before the rules are implemented? I don't know. We're gonna find out...
2-19-2020 Intel Guru Frank26 ...Shabibi was not hired by the CBI and he has not been there. He has been no where near the CBI for the past 5 years. Maliki tried to kill him and ever since then we've [The U.S.] been trying to protect him...he was hired to maintain the exchange rate of the British pound and he's still there doing it. He was hired in the early spring of '19...
2-19-2020 Intel Guru MarkZ ...I spoke with my contacts and No new rate in Iraq…yet…I am calling bunk to the rumors they got a new rate last weekend of $3.46. At least they are not seeing anything at the street level. [Are we waiting for Trump to release the RV?] I am of the...mindset...that he has signed off...I don’t think we are waiting on Trump to do anything at this point. ...There was a flurry of activity last night…Everybody is at the edge of their seats...All jittery this morning waiting to see if today it just “pops out”...
2-19-2020 Newshound Guru MilitiaMan Article: "Deputy: Karbala’s 2020 budget is devoid of new projects" They have told us in recent past that they finished the 2019 Financial Management Law with an Amendment to it, that is to facilitate the 2020 budget. Sounds to me like this is suggesting they have what we are waiting on and that is the rate to which they will use to fund the projects... I suspect that they can't keep this tiger held back much longer. I also suspect leaks will emerge!! imo.
2-19-2020 Intel Guru Frank26 ...we as a team feel that the cabinet is what is about to be presented to the citizens of Iraq. Then we feel a rate because Kurdistan is happy with the mathematics of the budget for article 140. That is the key telling us the rate is approved and ready to come out. Then the third thing would be a budget. Cabinet. Rate. Budget. Or give us the cabinet and then give us the rate and budget together. That is the sequence we are studying right now...
2-19-2020 Newshound/Intel Guru Mnt Goat So...last Wednesday Feb 12th, we read that quote - “Muhammad Allawi succeeds in completing his cabinet, away from the interference of the blocs and their pressures”...Did this really occur? ...We know for a fact that if Allawi really has the overwhelming support for his new government, as he claims, then he would have already presented the candidates and a vote would have been conducted in a “extra-ordinary” session as they claim they were going to do on Sunday Feb 16th...but now we hear that parliament went on recess and so they can’t even vote until Thursday. ...So where does this issue of getting Allwai and the new government ratified in parliament really stand? ...They are still fighting with the blocks who want the quota system and the corrupt people put in these positions. So recently there was a meeting and they discussed 6 points of contention with leaving the Us military in place in Iraq. This meeting went well. The US is still going to remain in Iraq and have a strong presence. So the US is going to back Allawi and his new government. Now that this is taken care of we will see the progression on Allwai and his new government move ahead quickly.
2-18-2020 Intel Guru Frank26 This Allawi guy. This prime minister IMO is learning about the currency reform because he is attending the CBI meetings I suggest are happening. I believe the speed of what they are learning is accelerated at a very fast pace and the reason why is because Donald Trump is asking for this...I believe there has been a date that has been given by what I call the Fab 4 to the CBI and I believe in my strong opinion that the CBI has committed to said date. If there is a date that means there is a target that means we are not guessing anymore are we...To me, IMO, this is nonnegotiable. It is a set date...the prime minister of Iraq IMO has the authority to sit his cabinet and to work with the United Nations and to work with NATO for only one reason - the reinstatement of the Iraqi dinar because that's what's going to give you the economic reforms...
2-18-2020 Intel Guru Delta ...In my personal opinion only - February is looking very very solid and I think we are going to move very very fast. As soon as they pass the government or around the same timing we should IMO see the Central Bank of Iraq change the rate. They are way behind schedule. They are overdue with all of that. The CBI I don't know if they can wait that much longer. So I'm giving them...to the end of this month. Two weeks the CBI should show us a rate.
2-18-2020 Newshound Guru Jeff ...it's very quiet in Iraq right now. The only things they've been talking about since the beginning of January was obviously finish forming the government and implementing the demonstrators demands...the demonstrators demands those are post rate change. Those come after the rate change. The actual roadmap that I've laid out...since last year is unfolding right before your eyes. It's exactly how I laid it out. It's been very quiet. Iraq is not talking about a lot of new things. Iraq is boxed in a corner they can't implement the demonstrators demands or reforms...we are looking amazing...
2-18-2020 Newshound Guru Vital Brad ...Prime Minister Allawi has been busting his butt the last couple of weeks to form his cabinet. Honestly it seems a little to me like Groundhog's Day because...it seems like we're always waiting on the prime minister to form his government...but Allawi is making a lot of progress. Allawi is really moving things forward...Today Monday he needed to submit the names for his cabinet. So he submitted 19 names and he mentioned three of the cabinet positions he doesn't have names for yet...this is because of some Kurdistan objection...but they are saying that the different blocks are agreeing on his picks...IMO if Allawi does it in his first go...I still have the opinion that a good time frame for this revaluation to happen is right around the second quarter. So April...if they bust their butt like Allawi is I could see things happening...
2-18-2020 Intel Guru Frank26 ...new prime minister = reinstatement IMO. A new prime minister means in my opinion the reinstatement will be fast. Fast! Not like the things we've been dealing with in the past years. I believe the cabinet formation is already there. I believe the Prime Minister is already there. I believe the Kurds are excited about doing business with Iraq and the HCL is already there. I believe article 140 is ready. I believe they are 1 to 1 electronically behind closed door because they do everything internationally...I believe things are happening at a very very volatile pace...MTA [Allawi] wants an overwhelming majority vote so there's no questions asked. So there's no problem whatsoever.
2-18-2020 Intel Guru MarkZ The news coming in is so great…When so much good news comes in from all sources it’s a bit scary…I’m tentatively excited but consider all as rumor until we have money in the bank. Bankers are excited and they just tell me what they are being told. I keep hearing from the banking side that tonight is the actual release…but there is stuff happening behind the scenes. My last conversation in Iraq was Saturday Night. Rumors they have a new rate from others but I cannot prove or disprove it...I also hear it [the dinar] may be around $3.45 to $3.50 now...The dong I still hear the street rate will start at .47 and float up…We know we are close…
2-18-2020 Newshound/Intel Guru Mnt Goat First, I want to clarify what we might hear in the news and how they represent it. When they say “Allawi’s new government” what do they mean? ...They mean the new cabinet selection for the ministries not parliament. Parliament is not being replaced at this time. To replace parliament, they must hold national elections...When they do conduct these elections, this will NOT include selecting yet another prime minister and his cabinet, as many might think. Allawi will stay the full term up to 2022 (2018-2022) ... WE have also confirmed this with the legal in Iraq...
2-18-2020 Intel Guru Delta ...the Central Bank of Iraq posted the updates on their spreadsheets and financial status...46 million dollars just for the month of December worth of lower denominations and that was the equivalent of about 825 billion dinar ...so far right now they've printed 180 million worth of currencies. And we all know this isn't just the paper notes that this also includes coins. For them to do that gives you an indication that they're moving forward there's no doubt about that...
2-18-2020 Intel Guru Frank26 ...they have failed twice IMO to bring forward the reinstatement of the Iraqi dinar.
2-18-2020 Intel Guru Delta ...In my personal opinion only - February is looking very very solid and I think we are going to move very very fast. As soon as they pass the government or around the same timing we should IMO see the Central Bank of Iraq change the rate. They are way behind schedule. They are overdue with all of that. The CBI I don't know if they can wait that much longer. So I'm giving them...to the end of this month. Two weeks the CBI should show us a rate.
2-18-2020 Newshound Guru Jeff ...it's very quiet in Iraq right now. The only things they've been talking about since the beginning of January was obviously finish forming the government and implementing the demonstrators demands...the demonstrators demands those are post rate change. Those come after the rate change. The actual roadmap that I've laid out...since last year is unfolding right before your eyes. It's exactly how I laid it out. It's been very quiet. Iraq is not talking about a lot of new things. Iraq is boxed in a corner they can't implement the demonstrators demands or reforms...we are looking amazing...
2-18-2020 Newshound Guru Vital Brad ...Prime Minister Allawi has been busting his butt the last couple of weeks to form his cabinet. Honestly it seems a little to me like Groundhog's Day because...it seems like we're always waiting on the prime minister to form his government...but Allawi is making a lot of progress. Allawi is really moving things forward...Today Monday he needed to submit the names for his cabinet. So he submitted 19 names and he mentioned three of the cabinet positions he doesn't have names for yet...this is because of some Kurdistan objection...but they are saying that the different blocks are agreeing on his picks...IMO if Allawi does it in his first go...I still have the opinion that a good time frame for this revaluation to happen is right around the second quarter. So April...if they bust their butt like Allawi is I could see things happening...
2-18-2020 Intel Guru Frank26 ...new prime minister = reinstatement IMO. A new prime minister means in my opinion the reinstatement will be fast. Fast! Not like the things we've been dealing with in the past years. I believe the cabinet formation is already there. I believe the Prime Minister is already there. I believe the Kurds are excited about doing business with Iraq and the HCL is already there. I believe article 140 is ready. I believe they are 1 to 1 electronically behind closed door because they do everything internationally...I believe things are happening at a very very volatile pace...MTA [Allawi] wants an overwhelming majority vote so there's no questions asked. So there's no problem whatsoever.
2-18-2020 Intel Guru MarkZ The news coming in is so great…When so much good news comes in from all sources it’s a bit scary…I’m tentatively excited but consider all as rumor until we have money in the bank. Bankers are excited and they just tell me what they are being told. I keep hearing from the banking side that tonight is the actual release…but there is stuff happening behind the scenes. My last conversation in Iraq was Saturday Night. Rumors they have a new rate from others but I cannot prove or disprove it...I also hear it [the dinar] may be around $3.45 to $3.50 now...The dong I still hear the street rate will start at .47 and float up…We know we are close…
2-18-2020 Newshound/Intel Guru Mnt Goat First, I want to clarify what we might hear in the news and how they represent it. When they say “Allawi’s new government” what do they mean? ...They mean the new cabinet selection for the ministries not parliament. Parliament is not being replaced at this time. To replace parliament, they must hold national elections...When they do conduct these elections, this will NOT include selecting yet another prime minister and his cabinet, as many might think. Allawi will stay the full term up to 2022 (2018-2022) ... WE have also confirmed this with the legal in Iraq...
2-18-2020 Intel Guru Delta ...the Central Bank of Iraq posted the updates on their spreadsheets and financial status...46 million dollars just for the month of December worth of lower denominations and that was the equivalent of about 825 billion dinar ...so far right now they've printed 180 million worth of currencies. And we all know this isn't just the paper notes that this also includes coins. For them to do that gives you an indication that they're moving forward there's no doubt about that...
2-18-2020 Intel Guru Frank26 ...they have failed twice IMO to bring forward the reinstatement of the Iraqi dinar.
2-17-2020 Intel Guru RayRen98 Iraqi TV news broadcasting Allawi meeting with the blocs about the vote... stating there will be 302 ministers of the 329 that have agreed to vote. This represents approximately 90% of Parliament. Allawi has been pushing to get his cabinet passed by making sure he has the votes secured before presenting it to Parliament. It now appears that the vote will be taken on Tuesday or possibly Thursday.
2-17-2020 Intel/Newshound Guru sandyf Holding on the myth surrounding Kuwait is clutching at straw. The text of the document "The Impact of the Iraqi Invasion on the Kuwaiti Banking and Financial System: Lessons Learned from a Financial Crisis" is encrypted and cannot be copied. On page 3 it states that after the CBK had determined the currency that had been looted, the 3rd issue of the KD was abrogated as legal tender by Amiri decree, in other words it became invalid. A 4th issue was prepared and ready in December 1990. Only those with a legitimate right to be in possession of the 3rd issue were allowed to exchange that for the 4th issue at a value the 3rd issue had before the occupation.
12-17-2020 Newshound Guru Kaperoni There are some signs...that once the new government is in place they will revise the 2020 budget to only cover expenses. If true, that means the public/private partnership to begin reconstruction will be put on hold until next year. Guess we will wait and see.
2-17-2020 Intel Guru MarkZ No new rate in Iraq as of late on Saturday…no update yesterday...I am hearing phenomenal things…I am more than a little hopeful today...
2-17-2020 Intel/Newshound Guru sandyf [Does Iraq have to be in Article 8 status to have an international currency...] ...The question is invalid as there is no set definition for an international currency. The term is based on a vague set of parameters mainly about convertibility and how much is us used in international trade, very few currencies are considered to be international in that respect. Article 8 makes a currency internationally recognized, something completely different. The terms of Article 8 ensure that a country must guarantee redemption of that currency and international banks are reluctant to handle a currency without that guarantee. Article 8 does not prohibit a bank from dealing in an art 14 currency, there are a few in this area and the local banks deal with them. Neither is Art 8 a restriction on a country changing the value of it's currency, I think it was 2014 when the Myanmar currency went from about 6 to the USD to around 900 to the USD. The largest official change in the value of a currency ever seen.
2-17-2020 Intel Guru Frank26 ...I don't like the idea of people going to a mom & pop bank. Or a credit union. These places are not capable of taking care of you. They will take your dinars and send them to a bigger bank for authenticity. You don't want to separate yourself from your dinars. Please ok?...
2-17-2020 Intel Guru RayRen98 ...News sources are saying that 19 of the 22 cabinet names are acceptable. The last 3 are being blocked from the Kurds and Allawi is working on the last 3 issues. Breaking news on Iraqi TV - after all day meetings and deals, the passage of Allawi's cabinet could be in the coming hours. Sunni blocs, at 11:09 PM Baghdad time, confirmed their support for Allawi and he is expected to convene Parliament to take the vote. Time Will Tell...
2-17-2020 Intel/Newshound Guru sandyf Holding on the myth surrounding Kuwait is clutching at straw. The text of the document "The Impact of the Iraqi Invasion on the Kuwaiti Banking and Financial System: Lessons Learned from a Financial Crisis" is encrypted and cannot be copied. On page 3 it states that after the CBK had determined the currency that had been looted, the 3rd issue of the KD was abrogated as legal tender by Amiri decree, in other words it became invalid. A 4th issue was prepared and ready in December 1990. Only those with a legitimate right to be in possession of the 3rd issue were allowed to exchange that for the 4th issue at a value the 3rd issue had before the occupation.
12-17-2020 Newshound Guru Kaperoni There are some signs...that once the new government is in place they will revise the 2020 budget to only cover expenses. If true, that means the public/private partnership to begin reconstruction will be put on hold until next year. Guess we will wait and see.
2-17-2020 Intel Guru MarkZ No new rate in Iraq as of late on Saturday…no update yesterday...I am hearing phenomenal things…I am more than a little hopeful today...
2-17-2020 Intel/Newshound Guru sandyf [Does Iraq have to be in Article 8 status to have an international currency...] ...The question is invalid as there is no set definition for an international currency. The term is based on a vague set of parameters mainly about convertibility and how much is us used in international trade, very few currencies are considered to be international in that respect. Article 8 makes a currency internationally recognized, something completely different. The terms of Article 8 ensure that a country must guarantee redemption of that currency and international banks are reluctant to handle a currency without that guarantee. Article 8 does not prohibit a bank from dealing in an art 14 currency, there are a few in this area and the local banks deal with them. Neither is Art 8 a restriction on a country changing the value of it's currency, I think it was 2014 when the Myanmar currency went from about 6 to the USD to around 900 to the USD. The largest official change in the value of a currency ever seen.
2-17-2020 Intel Guru Frank26 ...I don't like the idea of people going to a mom & pop bank. Or a credit union. These places are not capable of taking care of you. They will take your dinars and send them to a bigger bank for authenticity. You don't want to separate yourself from your dinars. Please ok?...
2-17-2020 Intel Guru RayRen98 ...News sources are saying that 19 of the 22 cabinet names are acceptable. The last 3 are being blocked from the Kurds and Allawi is working on the last 3 issues. Breaking news on Iraqi TV - after all day meetings and deals, the passage of Allawi's cabinet could be in the coming hours. Sunni blocs, at 11:09 PM Baghdad time, confirmed their support for Allawi and he is expected to convene Parliament to take the vote. Time Will Tell...
2-16-2020 Newshound Guru MilitiaMan "Al-Nassiri: Government support to the private sector is the savior for achieving economic reform" Quote: "Al-Nussairi added that there is a need to secure the governmental program for the interim or ordinary government with a clear vision of the role of the private sector for the new stage and to involve non-governmental experts and specialists in the implementation of the desired comprehensive economic, financial and banking reform program” The new stage and it implementation for comprehensive economic, financial and banking reforms... Today we saw them talking to the people about how to check authenticity of USD currency and the Dinar with coins considered! The new stage! Coins beget value!! One doesn’t counterfeit coins at a program rate...They don’t warn about counterfeiting coins for just no random reason. They warn about knowing other countries currency and that legal obligations are coming soon to the local currency. These things in the news earlier today suggest more reasoning they are about to get plenty of USD coming into banks and will need new local currency. A obligation for the locals will to cease using USD and will have to accept only local currency. Hence again, coins with value begets a warning to not counterfeit and to check your currency for authenticity before bringing it in!! Imo
2-16-2020 Newshound Guru Kathy Article: "Strategic advisor: Iran will not support the removal of US forces from Iraq .. “will lose the dollar" I don't really know if the US has any control over the RV or not, as [Guru] Randy and a few others think, but if they do, then this would seem to be a good reason to RV! Make their currency more valuable than the US currency and stop the auctions! Just a thought!
2-16-2020 Newshound Guru Whitelions [WHITELIONS...in your opinion...Does Iraq have to be in Article 8 status to have an international currency?"] ...no they do not have to be in 8 to go international...it will restrict what they can do but not the raise in value.
2-16-2020 Intel Guru Delta Article: "Exclusively For "Al-Ahed News" .. Allawi Has Completed The Government Formation And Will Announce It Within 72 Hours" Quote: "Prime Minister-designate Muhammad Allawi has completed the formation of his cabinet, and will be announced officially within 72 hours, no later than Tuesday."
2-16-2020 Intel Guru Frank26 ...we only have two weeks left in the month of February. The key was to have a prime minister. Now the key is for him to receive the budget along with the new rate from the CBI. These are the next steps we should see after this weekend with a full cabinet...
2-16-2020 Newshound Guru Kathy Article: "Strategic advisor: Iran will not support the removal of US forces from Iraq .. “will lose the dollar" I don't really know if the US has any control over the RV or not, as [Guru] Randy and a few others think, but if they do, then this would seem to be a good reason to RV! Make their currency more valuable than the US currency and stop the auctions! Just a thought!
2-16-2020 Newshound Guru Whitelions [WHITELIONS...in your opinion...Does Iraq have to be in Article 8 status to have an international currency?"] ...no they do not have to be in 8 to go international...it will restrict what they can do but not the raise in value.
2-16-2020 Intel Guru Delta Article: "Exclusively For "Al-Ahed News" .. Allawi Has Completed The Government Formation And Will Announce It Within 72 Hours" Quote: "Prime Minister-designate Muhammad Allawi has completed the formation of his cabinet, and will be announced officially within 72 hours, no later than Tuesday."
2-16-2020 Intel Guru Frank26 ...we only have two weeks left in the month of February. The key was to have a prime minister. Now the key is for him to receive the budget along with the new rate from the CBI. These are the next steps we should see after this weekend with a full cabinet...
2-15-2020 Newshound Guru MilitiaMan ...So, whereby, when they cease the Dollar Multi Currency Practice and Article 8 component, it will be illegal to accept payment in USD for goods and illegal to not accept IQD for goods when it is legal tender...there has been talk of the ATMs having been loaded with NSCNs and these above articles suggest that with the current warning having been given out about counterfeiting currency and coins, and obligations to accepting them if legal, suggests that there is an expectation for a rate change to warrant coins. A significant value is needed to be applied for them to worry about counterfeiting coins. We have been told to watch the ATMs. Why? As the banks will have to be prepared for activation of new software. These articles are a huge indicator for me...Articles suggest that the Dollar Auctions are to stop and this would indicate they are and make notice that the CBI has been showing pattern changes of recent imo. [post 2 of 2]
2-15-2020 Newshound Guru MilitiaMan Articles: "The US Treasury publishes a video that includes simple steps to reveal the "fake" dollar"; "Legal protection of the national currency" These two articles are seeming to be placed and timed accordingly...A re enforcement if you will on the act of counterfeiting will not be tolerated. Not only outside countries, but, their own currency and they make reference to the IQD currency and coins. They don't have them yet? Even if they did no one in their right mind would counterfeit coins at a program rate. But, by this article about Iraq, they seem to suggest they will have coins. [post 1 of 2....stay tuned]
2-15-2020 Newshound Guru Kaperoni ...the CBI has described plans for a LOP. To reduce the money supply from trillions to billions. That is what will happen if something happened overnight. If you want to see the dinar appreciate in value it's going to take a long time not because I say so, because that's how monetary policy works, gradually over time. But before that could ever happen they need to create the conditions for a market economy and encourage a substantial amount of foreign investment to come in, thus creating pressure on the financial system. Only then can the CBI appreciate the dinar using its monetary tools and getting off the Peg and moving to a float. That's not me telling you that's the IMF...
2-15-2020 Newshound/Intel Guru RVAlready Allawi told everyone in advance his government would be independent - that it would not represent any blocks...A little late for them to complain now.
2-15-2020 Newshound Guru Kaperoni New Prime Minister Allawi says he will introduce his cabinet this Sunday. We can hope!
2-15-2020 Newshound Guru chattels Article: "Mohammed Al-Khalidi to / Nina: The new government consists of 22 independent ministers and is awaiting the parliament’s call for a session to pass it Saturday 15, February 2020" He explained that the new government consists of 22 ministries who are completely independent and that no name was repeated from the previous ministries, and the ministers were chosen by the Prime Minister-designate. There are reports that Allawi will present his program and ministers to an emergency session of Parliament as early as this Sunday or Monday.
2-15-2020 Newshound/Intel Guru Mnt Goat ...minister-designate Muhammad Tawfiq Allawi is sent to be the man who will finally break up the mess holding back this government and free the Iraqi people and its economy from Iranian enslavement. ...This miracle will kick off a chain reaction sounding throughout the financial works in the middle east. Watch and see…!!
2-15-2020 Newshound Guru MilitiaMan Articles: "The US Treasury publishes a video that includes simple steps to reveal the "fake" dollar"; "Legal protection of the national currency" These two articles are seeming to be placed and timed accordingly...A re enforcement if you will on the act of counterfeiting will not be tolerated. Not only outside countries, but, their own currency and they make reference to the IQD currency and coins. They don't have them yet? Even if they did no one in their right mind would counterfeit coins at a program rate. But, by this article about Iraq, they seem to suggest they will have coins. [post 1 of 2....stay tuned]
2-15-2020 Newshound Guru Kaperoni ...the CBI has described plans for a LOP. To reduce the money supply from trillions to billions. That is what will happen if something happened overnight. If you want to see the dinar appreciate in value it's going to take a long time not because I say so, because that's how monetary policy works, gradually over time. But before that could ever happen they need to create the conditions for a market economy and encourage a substantial amount of foreign investment to come in, thus creating pressure on the financial system. Only then can the CBI appreciate the dinar using its monetary tools and getting off the Peg and moving to a float. That's not me telling you that's the IMF...
2-15-2020 Newshound/Intel Guru RVAlready Allawi told everyone in advance his government would be independent - that it would not represent any blocks...A little late for them to complain now.
2-15-2020 Newshound Guru Kaperoni New Prime Minister Allawi says he will introduce his cabinet this Sunday. We can hope!
2-15-2020 Newshound Guru chattels Article: "Mohammed Al-Khalidi to / Nina: The new government consists of 22 independent ministers and is awaiting the parliament’s call for a session to pass it Saturday 15, February 2020" He explained that the new government consists of 22 ministries who are completely independent and that no name was repeated from the previous ministries, and the ministers were chosen by the Prime Minister-designate. There are reports that Allawi will present his program and ministers to an emergency session of Parliament as early as this Sunday or Monday.
2-15-2020 Newshound/Intel Guru Mnt Goat ...minister-designate Muhammad Tawfiq Allawi is sent to be the man who will finally break up the mess holding back this government and free the Iraqi people and its economy from Iranian enslavement. ...This miracle will kick off a chain reaction sounding throughout the financial works in the middle east. Watch and see…!!
2-14-2020 Newshound Guru Jeff ...IMO I think Vietnam 's rate change would probably happen anywhere from somewhere around .05 to .25 cents. Going from where they're at today...that's a huge increase for them...the odds are they have to be linked and timed with the rate change [of the dinar]...I don't think Vietnam will change the rate when Iraq does. I think it's gonna happen a little ways down the road...it would have to be timed with their fiscal year...
2-14-2020 Newshound Guru Kaperoni This is one of the good articles from a few months back... "A government decision to do the partnership with the private sector" "To implement vital projects that support the country's economy" ...there is a reason for all these talks about a private sector. That is the focus at this time to create this market economy private sector to put people to work, create business and attract investment and reduce dependence on oil. But more importantly is that this is required to create the conditions for the dinar to rise. Until they have a market economy/private sector there will be no change in the dinar... Iraq has work to do. Let's hope they can pick up some momentum as the year progresses to get back on track.
2-14-2020 Intel Guru MarkZ [via PDK] Iraq is very much looking for something over the next 48 hours. A release as they seat the new government is very possible. I know I am looking very hard at this Sat and Sun.
2-14-2020 Intel Guru Bruce ...Has Iraq come out with a new published rate yet? No they haven’t...Will they ever? YES... Last night – overnight the CBI website started some gyrations - they started to activate – they started to come alive – again – and the good news is - we understand...this coming Sunday – we should have a new published Dinar rate on the website – Now, will we see it? Here? In our banks? We have the 3-day weekend – so we will probably be more familiar with it on Tuesday... I’m very excited about what we’re seeing right now in the way of movement – we’re finally seeing it move in the right direction...and I think we can look forward to having a great weekend with President’s Day... I really believe that we’re getting just about to the finish line – we’re not quite there yet...
2-14-2020 Guest Newshound Guru Pimpy ...each country is gonna have a different rate because each country's currency has a different purchasing power versus the dinar. Not everybody's gonna have the $3.22 rate. It just depends on your currency matched up against the IQD. So yeah not all the 51 trillion is going to have the $3.22 rate if indeed they do reinstate...but that's a lot of money out there and I understand why the naysayers keep bringing this up...I get why people are excited...but listen to the wording because it's important. It says their goal is to reach the $3.22 to every 1 USD...I try to keep everyone grounded and bring you back down to reality. Do I think the rate change is going to happen? I do...minutes...articles...feasibility study...BTI reports...all of them are at least above $1...but if they come out at like .04 cents don't be surprised. Don't be mad. Hold on to it and see what happens...
2-14-2020 Newshound Guru Jeff ...there's things happening. IMO you're seeing the last remaining variable happening in Iraq. Allawi's trying to get his cabinet done...If you look at Iraq's actions they've had demonstrations since October. They've told us that all the demonstrators demands which are reforms are inside the 2020 budget...those require the rate change before they can implement them. So what they are telling you is in order to satisfy the demonstrators demands they have to change the rate...the 2020 budget itself is married to the rate change...they can't start the budget approval process until after the rate has changed...
2-14-2020 Newshound Guru Kaperoni ...they [Iraq] have to meet Article VIII compliance and they request the IMF accept them into Article VIII and more importantly, the IMF has to accept them. They have met some conditions yes...last I read, still one condition was outstanding but in any event, it does not mean they will move to Article VIII once in compliance because the IMF needs to agree. And I do not see that happening until Iraq gets back on track: new gov, cabinet, pass laws, stable, investors...lots to do. They need to create the conditions and right now, they are far from the right conditions. Until they get there act together and launch the private sector, there is no increase in the dinar...which could be months or years...up to them...I am hopeful though.
2-14-2020 Intel Guru RayRen98 ...Sources are now indicating that PM Designate Allawi has completed the formation of his government. It is anticipated that Allawi will be "officially" accepted on Sunday and that he will request that Parliament hold an emergency session that same day to vote on his government selectees. The Parliamentary Bloc of the Alliance of Saireon confirmed, on Thursday, that the House of Representatives during its second legislative term fulfilled all the demands of the demonstrators, indicating that many of the reform laws advocated by the demonstration arenas were accomplished within the House of Representatives.
2-14-2020 Newshound Guru Kaperoni This is one of the good articles from a few months back... "A government decision to do the partnership with the private sector" "To implement vital projects that support the country's economy" ...there is a reason for all these talks about a private sector. That is the focus at this time to create this market economy private sector to put people to work, create business and attract investment and reduce dependence on oil. But more importantly is that this is required to create the conditions for the dinar to rise. Until they have a market economy/private sector there will be no change in the dinar... Iraq has work to do. Let's hope they can pick up some momentum as the year progresses to get back on track.
2-14-2020 Intel Guru MarkZ [via PDK] Iraq is very much looking for something over the next 48 hours. A release as they seat the new government is very possible. I know I am looking very hard at this Sat and Sun.
2-14-2020 Intel Guru Bruce ...Has Iraq come out with a new published rate yet? No they haven’t...Will they ever? YES... Last night – overnight the CBI website started some gyrations - they started to activate – they started to come alive – again – and the good news is - we understand...this coming Sunday – we should have a new published Dinar rate on the website – Now, will we see it? Here? In our banks? We have the 3-day weekend – so we will probably be more familiar with it on Tuesday... I’m very excited about what we’re seeing right now in the way of movement – we’re finally seeing it move in the right direction...and I think we can look forward to having a great weekend with President’s Day... I really believe that we’re getting just about to the finish line – we’re not quite there yet...
2-14-2020 Guest Newshound Guru Pimpy ...each country is gonna have a different rate because each country's currency has a different purchasing power versus the dinar. Not everybody's gonna have the $3.22 rate. It just depends on your currency matched up against the IQD. So yeah not all the 51 trillion is going to have the $3.22 rate if indeed they do reinstate...but that's a lot of money out there and I understand why the naysayers keep bringing this up...I get why people are excited...but listen to the wording because it's important. It says their goal is to reach the $3.22 to every 1 USD...I try to keep everyone grounded and bring you back down to reality. Do I think the rate change is going to happen? I do...minutes...articles...feasibility study...BTI reports...all of them are at least above $1...but if they come out at like .04 cents don't be surprised. Don't be mad. Hold on to it and see what happens...
2-14-2020 Newshound Guru Jeff ...there's things happening. IMO you're seeing the last remaining variable happening in Iraq. Allawi's trying to get his cabinet done...If you look at Iraq's actions they've had demonstrations since October. They've told us that all the demonstrators demands which are reforms are inside the 2020 budget...those require the rate change before they can implement them. So what they are telling you is in order to satisfy the demonstrators demands they have to change the rate...the 2020 budget itself is married to the rate change...they can't start the budget approval process until after the rate has changed...
2-14-2020 Newshound Guru Kaperoni ...they [Iraq] have to meet Article VIII compliance and they request the IMF accept them into Article VIII and more importantly, the IMF has to accept them. They have met some conditions yes...last I read, still one condition was outstanding but in any event, it does not mean they will move to Article VIII once in compliance because the IMF needs to agree. And I do not see that happening until Iraq gets back on track: new gov, cabinet, pass laws, stable, investors...lots to do. They need to create the conditions and right now, they are far from the right conditions. Until they get there act together and launch the private sector, there is no increase in the dinar...which could be months or years...up to them...I am hopeful though.
2-14-2020 Intel Guru RayRen98 ...Sources are now indicating that PM Designate Allawi has completed the formation of his government. It is anticipated that Allawi will be "officially" accepted on Sunday and that he will request that Parliament hold an emergency session that same day to vote on his government selectees. The Parliamentary Bloc of the Alliance of Saireon confirmed, on Thursday, that the House of Representatives during its second legislative term fulfilled all the demands of the demonstrators, indicating that many of the reform laws advocated by the demonstration arenas were accomplished within the House of Representatives.
2-13-2020 Newshound/Intel Guru Mnt Goat ...the designate PM is desperately attempting to get his government formally completed and ratified by parliament. He wants to get it right this year. Next he is going to try to ram-rod the 2020 budget with some changes to parliament and get is passed. Why is this so important for the RV? We know that the 2020 budget includes the reinstatement as there has been many scenarios played out by consultants hired the CBI to determine different “what if” scenarios for different rates. So we wait and watch for 2 things now: 1) getting the new prime minister ratified and his govt formed and 2) getting this damned budget to parliament and hopefully passed in record time. [post 2 of 2]
2-13-2020 Newshound/Intel Guru Mnt Goat So what we know right now is the CBI wants to continue with the project to delete the zeros but had to put it on hold since the beginning of the protestors. They told us they intended to complete it by year end. This verified once again that December and January are significant months for the CBI to complete this project. Many keep asking me if the project will still work outside of this Dec – Jan timeframe. Yes it will but this is not the “optimum” time the CBI and the Finance Committee would like to do it...This week my CBI contact told me they had 2 important meetings and they were all about the project to delete the zeros. I am telling everyone that this project is VERY, VERY important for the 5 year plan of which was supposed to end in 2020. This project was (or still is) supposed to kick off the investment frenzy for Iraq by this time. So, we have now entered 2020 without it. So what? It is only mid-February and still they have not yet paid anything out this year. This is good and we can see are intentionally holding off. But this can only last so long. [post 1 of 2....stay tuned]
2-13-2020 Intel Guru MarkZ [via PDK] [I hear the dong may only rv at .3 to .4 cents:] That would still be a good ROI but I do not believe that. I keep hearing that .47 is the street rate. And it will float higher… If it was to reinstate to where it was years ago before we devalued them…it would be in the $2.20s or $2.30s.
2-13-2020 Intel Guru Delta ...the Currency Issue Expenses [Of the CBI]. They spent about 46 million dollars in just one month to print the currency...this is huge and gives you an indication they are printing and if my math is correct they have now printed 170 to 180 million dollars worth of currency in a matter of like a year and a half...
2-13-2020 Intel/Newshound Guru sandyf ["If there is to be any return on this venture it will not be the result of anything done by Iraq."...Then by whom?...if not the CBI...] [reference Guru sandyf post 2-12-2020] There is a basic accounting principle that dinarland prefers to ignore, the liabilities must be less than the assets or the entity is technically bankrupt. Currency issued is a liability on the CBI and the CBI has no control over the value of it's assets, the bulk of the assets are foreign currency denominated and effectively fixed in value. There is limited equity in the accounts so no scope to increase the value of the dinar by any significant amount. Any change to how the value of the assets could be calculated would have to be by international agreement and nothing to do with the CBI.
2-13-2020 Intel Guru MarkZ [via PDK] From my contacts in the US…they say we havn’t seen it yet because there is still a protocol in place saying Trump needs to be out of the country . He does happen to leave for Geneva tonight or tomorrow. I am hopeful we are going to see it. I am hearing Iraq has everything put together for an expected vote this weekend to move rv forward. We know in their budget they are settling all past debts with Kuwait. We know this budget should have been approved in Jan and requires a much larger rate. We know they are in desperate need of this budget passing. And we know they are saying they will pass it in the next few days...we are clearly almost at the finish line.
2-13-2020 Newshound Guru Kaperoni ...MCP [MULTIPLE CURRENCY PRACTICES] has nothing to do with dual currencies...has to do with pricing...has to do with price of goods. MCP is the variation or price of goods from one currency to another...has nothing to do with dual currencies in a country. That will always exist in Iraq.
2-13-2020 Intel Guru Delta ...there's something strange going on with the Central Bank auctions...they did show there were no wire transfers. When you don't have any wire transfers that's really significant because we know the only way they can do that is if the IQD is going international...so the banks are able to do that electronically without them going to the CBI...they are testing something...
2-13-2020 Newshound/Intel Guru Mnt Goat Article: "L-KINDI NEWS: SALEH, AL-HALBUSI, AND AL-BARZANI ARE TOOLS TO IMPLEMENT THE NEW US PLANS IN IRAQ" ...there is a US plan of Iraq and they are implementing it. This is how this entire protesting stuff started. It was the beginning of the end of the Iranian militias and politicians in Iraq. But it takes time and so be patient.
2-13-2020 Newshound/Intel Guru Mnt Goat So what we know right now is the CBI wants to continue with the project to delete the zeros but had to put it on hold since the beginning of the protestors. They told us they intended to complete it by year end. This verified once again that December and January are significant months for the CBI to complete this project. Many keep asking me if the project will still work outside of this Dec – Jan timeframe. Yes it will but this is not the “optimum” time the CBI and the Finance Committee would like to do it...This week my CBI contact told me they had 2 important meetings and they were all about the project to delete the zeros. I am telling everyone that this project is VERY, VERY important for the 5 year plan of which was supposed to end in 2020. This project was (or still is) supposed to kick off the investment frenzy for Iraq by this time. So, we have now entered 2020 without it. So what? It is only mid-February and still they have not yet paid anything out this year. This is good and we can see are intentionally holding off. But this can only last so long. [post 1 of 2....stay tuned]
2-13-2020 Intel Guru MarkZ [via PDK] [I hear the dong may only rv at .3 to .4 cents:] That would still be a good ROI but I do not believe that. I keep hearing that .47 is the street rate. And it will float higher… If it was to reinstate to where it was years ago before we devalued them…it would be in the $2.20s or $2.30s.
2-13-2020 Intel Guru Delta ...the Currency Issue Expenses [Of the CBI]. They spent about 46 million dollars in just one month to print the currency...this is huge and gives you an indication they are printing and if my math is correct they have now printed 170 to 180 million dollars worth of currency in a matter of like a year and a half...
2-13-2020 Intel/Newshound Guru sandyf ["If there is to be any return on this venture it will not be the result of anything done by Iraq."...Then by whom?...if not the CBI...] [reference Guru sandyf post 2-12-2020] There is a basic accounting principle that dinarland prefers to ignore, the liabilities must be less than the assets or the entity is technically bankrupt. Currency issued is a liability on the CBI and the CBI has no control over the value of it's assets, the bulk of the assets are foreign currency denominated and effectively fixed in value. There is limited equity in the accounts so no scope to increase the value of the dinar by any significant amount. Any change to how the value of the assets could be calculated would have to be by international agreement and nothing to do with the CBI.
2-13-2020 Intel Guru MarkZ [via PDK] From my contacts in the US…they say we havn’t seen it yet because there is still a protocol in place saying Trump needs to be out of the country . He does happen to leave for Geneva tonight or tomorrow. I am hopeful we are going to see it. I am hearing Iraq has everything put together for an expected vote this weekend to move rv forward. We know in their budget they are settling all past debts with Kuwait. We know this budget should have been approved in Jan and requires a much larger rate. We know they are in desperate need of this budget passing. And we know they are saying they will pass it in the next few days...we are clearly almost at the finish line.
2-13-2020 Newshound Guru Kaperoni ...MCP [MULTIPLE CURRENCY PRACTICES] has nothing to do with dual currencies...has to do with pricing...has to do with price of goods. MCP is the variation or price of goods from one currency to another...has nothing to do with dual currencies in a country. That will always exist in Iraq.
2-13-2020 Intel Guru Delta ...there's something strange going on with the Central Bank auctions...they did show there were no wire transfers. When you don't have any wire transfers that's really significant because we know the only way they can do that is if the IQD is going international...so the banks are able to do that electronically without them going to the CBI...they are testing something...
2-13-2020 Newshound/Intel Guru Mnt Goat Article: "L-KINDI NEWS: SALEH, AL-HALBUSI, AND AL-BARZANI ARE TOOLS TO IMPLEMENT THE NEW US PLANS IN IRAQ" ...there is a US plan of Iraq and they are implementing it. This is how this entire protesting stuff started. It was the beginning of the end of the Iranian militias and politicians in Iraq. But it takes time and so be patient.
2-12-2020 Newshound Guru Kaperoni Currency auctions are based on a "balance" of dinar to dollars. In fact, the recent weeks have seen a significant increase in dollar sales, therefore the CBI has to inject dinar to balance it. That is why you also see an increase in recent weeks in the money supply of dinar...its the balance of the two that maintains the exchange rate and the stability of the spread is a IMF requirement. [ 2 percent 90 days yes] Yes, they are in compliance, but that is because they are maintaining a balance of dinar to dollar...so there is no way to significantly reduce the money supply (either dinar or dollars) under the current system. If they reduced the dollars, they could in theory also reduce the dinar but it must be a balance or the exchange rate and spread would change and if you reduced the dollars it would create issues since they need dollars for foreign exchange. It is complicated and their are many aspects you need to consider...it is not a simple, reduce the money and RV...
2-12-2020 Intel/Newshound Guru sandyf I would agree with most of what Kap [Guru Kaperoni] says, some of the detail is questionable, the latest statement from the CBI shows currency issued at 50T rather than 42T, as for "Chunky" that is something else. As Kap says, the liability on the CBI just cannot support any revaluation in the order that is being suggested. Many countries have deleted the zeros over the years, why should Iraq be any different. If there is to be any return on this venture it will not be the result of anything done by Iraq.
2-12-2020 Intel Guru Bruce [via WiserNow] ...we have heard that the Forex will update their rates tomorrow [Wednesday] morning between 2 & 2:30 in the morning – and we understand that the Iraqi Dinar will be one of those which will update to a new rate... ...the fact that all banks have received their final instructions and the fact that yesterday the redemption centers and Tier 1 banks have got their final briefing for a little over 3 hours – that put us in a position to be able to get started anytime now...I have heard from another source entirely that this will be a week for us like no other – Now, I know we’ve heard things like that in the past... I can just tell you maybe this is a week like no other – It could very well be...
2-12-2020 Guest Newshound Guru Pimpy ...I talked about the currency that was being bought by Iraq from the public. They were spending somewhere between a billion to $1.5 billion per month in oil revenues to buy currency off the open market and at that time that was 70% of the currency that was out there...what I recently learned was...they destroyed 70% of the currency...we know that less than 5%...is in the country. I still think it's lower than that...if you look at all the goods they have and you try to come out with a rate...you're probably looking at 4 or 5 cents. That's not unrealistic...in the paperwork I saw a rate of $1.34...The BTI report shows you two rates...$1.71 and $1.13. There's good arguments why you shouldn't trust those. It has to do more with the money supply that's out there...I think the rate's gonna be $1.34. It's gonna be locked there for about 3 years...
2-12-2020 Newshound/Intel Guru Mnt Goat ...This reinstatement, would have and should have, already occurred by now. But we all know why it hasn’t…right? ...the Trump administration is working very hard, with and within Iraq, to clean up this Iranian mess. They will succeed...There is a plan and they are moving forward aggressively.
2-12-2020 Intel Guru MarkZ [via PDK] I spoke to my contacts in Iraq and no new rate published in the gazette yet. There are great expectations for today…. I am always terrified of “Great Expectations” but someday it will be true. That may well be today. Actually I was surprised not to see a new value this morning with how keyed up my diplomatic contacts are in Iraq. I am getting fantastic stuff from most sources...Exceptionally good, positive stuff. I hear exchanges will start at the same time everywhere.
2-12-2020 Newshound Guru Kaperoni [The CBI has stated on several occasions that the deleting of zeros is two fold. Three zeros off the exchange rate and three zeros off the notes. 25000 note becomes a 25 note worth the same amount. No change in value.] If they delete the zeros it is a LOP. Parliament would have to approve. Luckily, they have postponed all such attempts so far. Hopeful for float and gradual appreciation. Remember also the IMF is also recommended that the CBI get off the peg and allow the currency to gradually appreciate. Go market economy!
2-12-2020 Newshound/Intel Guru Mnt Goat ...If you have been following the news from Iraq you should clearly see that they are “fast-tracking” the new government and also getting the 2020 budget amended and passed on to parliament. Why is all this occurring so fast? For one it is the pressure from the protestors. Second it is the threat of going back in to UN sanctions chapter VII. Already UN security forces are in Iraq...But this is all very good for us...
2-12-2020 Intel/Newshound Guru sandyf I would agree with most of what Kap [Guru Kaperoni] says, some of the detail is questionable, the latest statement from the CBI shows currency issued at 50T rather than 42T, as for "Chunky" that is something else. As Kap says, the liability on the CBI just cannot support any revaluation in the order that is being suggested. Many countries have deleted the zeros over the years, why should Iraq be any different. If there is to be any return on this venture it will not be the result of anything done by Iraq.
2-12-2020 Intel Guru Bruce [via WiserNow] ...we have heard that the Forex will update their rates tomorrow [Wednesday] morning between 2 & 2:30 in the morning – and we understand that the Iraqi Dinar will be one of those which will update to a new rate... ...the fact that all banks have received their final instructions and the fact that yesterday the redemption centers and Tier 1 banks have got their final briefing for a little over 3 hours – that put us in a position to be able to get started anytime now...I have heard from another source entirely that this will be a week for us like no other – Now, I know we’ve heard things like that in the past... I can just tell you maybe this is a week like no other – It could very well be...
2-12-2020 Guest Newshound Guru Pimpy ...I talked about the currency that was being bought by Iraq from the public. They were spending somewhere between a billion to $1.5 billion per month in oil revenues to buy currency off the open market and at that time that was 70% of the currency that was out there...what I recently learned was...they destroyed 70% of the currency...we know that less than 5%...is in the country. I still think it's lower than that...if you look at all the goods they have and you try to come out with a rate...you're probably looking at 4 or 5 cents. That's not unrealistic...in the paperwork I saw a rate of $1.34...The BTI report shows you two rates...$1.71 and $1.13. There's good arguments why you shouldn't trust those. It has to do more with the money supply that's out there...I think the rate's gonna be $1.34. It's gonna be locked there for about 3 years...
2-12-2020 Newshound/Intel Guru Mnt Goat ...This reinstatement, would have and should have, already occurred by now. But we all know why it hasn’t…right? ...the Trump administration is working very hard, with and within Iraq, to clean up this Iranian mess. They will succeed...There is a plan and they are moving forward aggressively.
2-12-2020 Intel Guru MarkZ [via PDK] I spoke to my contacts in Iraq and no new rate published in the gazette yet. There are great expectations for today…. I am always terrified of “Great Expectations” but someday it will be true. That may well be today. Actually I was surprised not to see a new value this morning with how keyed up my diplomatic contacts are in Iraq. I am getting fantastic stuff from most sources...Exceptionally good, positive stuff. I hear exchanges will start at the same time everywhere.
2-12-2020 Newshound Guru Kaperoni [The CBI has stated on several occasions that the deleting of zeros is two fold. Three zeros off the exchange rate and three zeros off the notes. 25000 note becomes a 25 note worth the same amount. No change in value.] If they delete the zeros it is a LOP. Parliament would have to approve. Luckily, they have postponed all such attempts so far. Hopeful for float and gradual appreciation. Remember also the IMF is also recommended that the CBI get off the peg and allow the currency to gradually appreciate. Go market economy!
2-12-2020 Newshound/Intel Guru Mnt Goat ...If you have been following the news from Iraq you should clearly see that they are “fast-tracking” the new government and also getting the 2020 budget amended and passed on to parliament. Why is all this occurring so fast? For one it is the pressure from the protestors. Second it is the threat of going back in to UN sanctions chapter VII. Already UN security forces are in Iraq...But this is all very good for us...
2-11-2020 Intel Guru Footforward I'd be stunned if we are sitting here this time next year waiting for the RV to happen. There is incredible progress being made on the Iran front.
2-11-2020 Newshound Guru Kaperoni If the CBI decides go to a new exchange rate regime and gets off the peg and begins to gradually appreciate the dinar via a float, any change in denominations would occur at a similar pace to the appreciation. No announcement or schedule is needed.
2-11-2020 Newshound/Intel Guru Mnt Goat ...Just where do we stand with this RV? I have to tell you the CBI is more than ready to go full force with the process of “deletion of the zeros”. They are just waiting for the new prime minister to get his cabinet in order and ratified in parliament...once the prime minister designate has “REAL” power (which comes when he forms his government and is ratified by parliament) he will begin the process of the reforms. He has already promised by a public statement that he would complete “ALL” the reforms demanded by the protesters. We know that one of them is to end the currency auctions and this one is a very high priority...we could not be in a better position to see the RV sometime within the next couple months. But I bet sooner than later…lol...NO! – we do not need to wait years for a robust economy, as many gurus tell you...
2-11-2020 Intel Guru Frank26 ...IMO Dr. Shabibi is very aware of what is happening and what's about to happen and because of what may happen he is in constant consultation with the Fab 4...the Fab 4...the IMF, World Bank, U.S. Treasury, and the President of the United States of America...
2-11-2020 Newshound Guru Kaperoni [via Zig] ... "Anybody who researches this investment will know the IMF is the trustee of the CBI. They took control in 2015. Therefore, and it is already been proven that the CBI does with the IMF tells them to do. So one only has to go read the Article IV consultation from a few years ago when Shabibi was preparing to transition. It is plan [plain ?] as day... 14. The de facto fixed exchange rate (that means peg) has served Iraq well. The authorities agreed that a stable nominal exchange rate provides a valuable anchor for inflation expectations in an uncertain environment, and intend to continue implementing this policy for the foreseeable future. In the medium term, staff encouraged the authorities to consider creating the conditions which would make possible a move to a more flexible exchange rate policy (they are talking about a float). Such flexibility could allow a predictable and gradual appreciation of the nominal exchange rate, triggered by strong oil revenues and the Balassa-Samuelson effect, to accommodate a possible real exchange rate appreciation while keeping domestic inflation low...It does not get any clearer than this direct from the IMF. Not only is this the plan but this conforms to monetary policy..."
2-11-2020 Intel Guru MarkZ [via PDK] My Bank staff at Redemption Centers are all on call..They are expecting to work this weekend. Iraq contacts believe we will see it anywhere from this evening to Friday afternoon. They are ecstatic in Iraq. Bankers here still swear this is it. I am afraid to call it with all the hype but dayummmm...this I feel is it. So I am at the edge of my seat…feeling nervous like when the prom date is about to ring the bell….lol
2-11-2020 Newshound Guru Kaperoni People need to realize that even though the protests demanded change it substantially slowed progress. The new PM needs to be confirmed, a cabinet needs to be named and confirmed and parliament needs to get back passing legislation. Months of delays are expected....
2-11-2020 Newshound Guru Jeff ...Can it [the rate change] only happen on a Sunday? ...yes. and the reason why, remember Kuwait did theirs on a Sunday morning. This is not just a small rate change. Small rate changes can happen any day of the week. This is a massive jumbo rate change. The reason why it has to happen on a Sunday morning is because it has to happen when all financial markets around the world are closed to control and reduce market volatility because with that size of a rate change being so massive it would...cause tremendous volatility within the financial markets around the world. They don't want that...it's easier for them to do it after hours when markets around the world are closed...
2-11-2020 Intel Guru Frank26 Question [Once this happens - Please explain the strategy of putting money into the Iraqi satellite banks here in the United States versus a U.S. non-satellite bank.] ...I think it depends on how many dinars you have. I think that's the best answer I can give you on this question...If I go to an American bank and I say here's a million dinars and we converted into a million American dollars and it stays in that bank I pay the taxes on that capital gain right there. And then I go to one of the [CBI] satellite banks like one up in Dearborn Michigan maybe and there I could say to the satellite Dearborn bank let me convert half a million into American dollars. I'll leave it here or transfer it to my American bank...do you want to pay taxes now? Then just go to an American bank. If you don't want to pay tax on everything and let's say you want to cash in half a million of your dinar and convert them into American dollars. You pay taxes on it now and the other half a million I want to leave them in dinars. So you leave it in the satellite bank because they'll stay that way...this is all in my opinion. You have to make your own decisions...[Speak with your financial adviser and tax professional at the appropriate time.]
2-11-2020 Newshound Guru Kaperoni If the CBI decides go to a new exchange rate regime and gets off the peg and begins to gradually appreciate the dinar via a float, any change in denominations would occur at a similar pace to the appreciation. No announcement or schedule is needed.
2-11-2020 Newshound/Intel Guru Mnt Goat ...Just where do we stand with this RV? I have to tell you the CBI is more than ready to go full force with the process of “deletion of the zeros”. They are just waiting for the new prime minister to get his cabinet in order and ratified in parliament...once the prime minister designate has “REAL” power (which comes when he forms his government and is ratified by parliament) he will begin the process of the reforms. He has already promised by a public statement that he would complete “ALL” the reforms demanded by the protesters. We know that one of them is to end the currency auctions and this one is a very high priority...we could not be in a better position to see the RV sometime within the next couple months. But I bet sooner than later…lol...NO! – we do not need to wait years for a robust economy, as many gurus tell you...
2-11-2020 Intel Guru Frank26 ...IMO Dr. Shabibi is very aware of what is happening and what's about to happen and because of what may happen he is in constant consultation with the Fab 4...the Fab 4...the IMF, World Bank, U.S. Treasury, and the President of the United States of America...
2-11-2020 Newshound Guru Kaperoni [via Zig] ... "Anybody who researches this investment will know the IMF is the trustee of the CBI. They took control in 2015. Therefore, and it is already been proven that the CBI does with the IMF tells them to do. So one only has to go read the Article IV consultation from a few years ago when Shabibi was preparing to transition. It is plan [plain ?] as day... 14. The de facto fixed exchange rate (that means peg) has served Iraq well. The authorities agreed that a stable nominal exchange rate provides a valuable anchor for inflation expectations in an uncertain environment, and intend to continue implementing this policy for the foreseeable future. In the medium term, staff encouraged the authorities to consider creating the conditions which would make possible a move to a more flexible exchange rate policy (they are talking about a float). Such flexibility could allow a predictable and gradual appreciation of the nominal exchange rate, triggered by strong oil revenues and the Balassa-Samuelson effect, to accommodate a possible real exchange rate appreciation while keeping domestic inflation low...It does not get any clearer than this direct from the IMF. Not only is this the plan but this conforms to monetary policy..."
2-11-2020 Intel Guru MarkZ [via PDK] My Bank staff at Redemption Centers are all on call..They are expecting to work this weekend. Iraq contacts believe we will see it anywhere from this evening to Friday afternoon. They are ecstatic in Iraq. Bankers here still swear this is it. I am afraid to call it with all the hype but dayummmm...this I feel is it. So I am at the edge of my seat…feeling nervous like when the prom date is about to ring the bell….lol
2-11-2020 Newshound Guru Kaperoni People need to realize that even though the protests demanded change it substantially slowed progress. The new PM needs to be confirmed, a cabinet needs to be named and confirmed and parliament needs to get back passing legislation. Months of delays are expected....
2-11-2020 Newshound Guru Jeff ...Can it [the rate change] only happen on a Sunday? ...yes. and the reason why, remember Kuwait did theirs on a Sunday morning. This is not just a small rate change. Small rate changes can happen any day of the week. This is a massive jumbo rate change. The reason why it has to happen on a Sunday morning is because it has to happen when all financial markets around the world are closed to control and reduce market volatility because with that size of a rate change being so massive it would...cause tremendous volatility within the financial markets around the world. They don't want that...it's easier for them to do it after hours when markets around the world are closed...
2-11-2020 Intel Guru Frank26 Question [Once this happens - Please explain the strategy of putting money into the Iraqi satellite banks here in the United States versus a U.S. non-satellite bank.] ...I think it depends on how many dinars you have. I think that's the best answer I can give you on this question...If I go to an American bank and I say here's a million dinars and we converted into a million American dollars and it stays in that bank I pay the taxes on that capital gain right there. And then I go to one of the [CBI] satellite banks like one up in Dearborn Michigan maybe and there I could say to the satellite Dearborn bank let me convert half a million into American dollars. I'll leave it here or transfer it to my American bank...do you want to pay taxes now? Then just go to an American bank. If you don't want to pay tax on everything and let's say you want to cash in half a million of your dinar and convert them into American dollars. You pay taxes on it now and the other half a million I want to leave them in dinars. So you leave it in the satellite bank because they'll stay that way...this is all in my opinion. You have to make your own decisions...[Speak with your financial adviser and tax professional at the appropriate time.]
2-10-2020 Intel Guru Okie_Oil_Man Its my understanding this is not a taxable event. [Consult your tax professional at the appropriate time.]
2-10-2020 Intel Guru Frank26 Question [Have (Guru) Walkingstick's banks received instruction on which day to distribute the new small category notes?] IMO...Oh yeah! ...I have told you it's a schedule and the authority to launch that date has to come from the CBI. So do they have the date? I don't know. I know they have time-frames...
2-10-2020 Intel Guru RayRen98 SUPPOSEDLY - THE CBI MET WITH ALL THE BANKS, INFORMED THEM OF THE ENTIRE (DETAILED) RV PROCESS - FROM START TO FINISH, AND ARE PREPARING TO ANNOUNCE THE SAME TO THE CITIZENS...TIME WILL TELL
2-10-2020 Intel Guru MarkZ Very busy weekend for everybody… Bankers... sources are squarely looking at tomorrow for something to break loose and spendable dollars by Wednesday right now. I am also hopeful that they are correct. In Iraq- Allowi is fully in control…my folks over there are just tickled at how things are shaping up. Sadr is out and heading off to Iran. I have not seen those guys over there this excited in a long time.
2-10-2020 Intel Guru Okie_Oil_Man [Do we have to have receipts where we purchased our currency?] You do not have to bring proof of purchase…just bring your currency. People are complicating what should be a simple appointment. If you have currency they will not ask you where you got it…they will just redeem it.
2-10-2020 Newshound/Intel Guru Mnt Goat Article: "MUHAMMAD TAWFIQ ALLAWI TO ADDRESS THE 20202 FISCAL DEFICIT" Quote: "AFTER THE PARLIAMENT VOTES BY AN ABSOLUTE MAJORITY OF THE MEMBERS OF THE NEW GOVERNMENT AND THE MINISTERIAL PLATFORM, THE ALLAWI GOVERNMENT CAN DISCUSS THE BUDGET AND SEND IT TO THE PARLIAMENT." this article is telling us that Allawi’s new government must be formed and ratified by parliament before the new budget can be sent over to them. This is why Allawi must work quickly to form his new cabinet. Also they tell us he does not like the large deficit and so he is going to first address it too before sending it over.
2-10-2020 Intel Guru Frank26 ...last Thursday members of the CBI elite and the Minister of Finance...met with the banks of Iraq. All the banks of Iraq. All the lending institutions that deal with money. I talked with [Guru] Walkingstick...and I said were you guys there? He said yeah. 'My firm was there...they laid it out completely. The whole roadmap for the redenomination, for the revaluation, the recalculating and for what they're about to do. The reinstatement of their currency'...they laid it all out. This is what we've done. This is where we're at. This is how many times we postponed it. This is why we're about to do it now. This is what we're gonna do. These are our benchmarks at every point along the way. This is what we've accomplished...they talked about timeframes on their currency reform. It was laid out from the very beginning of the Monetary reform all the way to the end. And the end is now...the CBI is about to speak to the citizens of Iraq and they're going to share all of this information that they have...
2-10-2020 Guest Guru TexasSnake My intel is similar [reference Guru Okie_Oil_Man post 2-9-2020]…. My senior banker source at WF who is in charge of Exchange centers for 5 states including Texas... He is in charge of training for employees on Wells Fargo and specialists with Abbot Downing investment banking branch...He feels very confident that late today or early tomorrow we may get our emails from Wells Fargo and 800 numbers for a start on Tuesday.
2-10-2020 Intel Guru Frank26 Question [Have (Guru) Walkingstick's banks received instruction on which day to distribute the new small category notes?] IMO...Oh yeah! ...I have told you it's a schedule and the authority to launch that date has to come from the CBI. So do they have the date? I don't know. I know they have time-frames...
2-10-2020 Intel Guru RayRen98 SUPPOSEDLY - THE CBI MET WITH ALL THE BANKS, INFORMED THEM OF THE ENTIRE (DETAILED) RV PROCESS - FROM START TO FINISH, AND ARE PREPARING TO ANNOUNCE THE SAME TO THE CITIZENS...TIME WILL TELL
2-10-2020 Intel Guru MarkZ Very busy weekend for everybody… Bankers... sources are squarely looking at tomorrow for something to break loose and spendable dollars by Wednesday right now. I am also hopeful that they are correct. In Iraq- Allowi is fully in control…my folks over there are just tickled at how things are shaping up. Sadr is out and heading off to Iran. I have not seen those guys over there this excited in a long time.
2-10-2020 Intel Guru Okie_Oil_Man [Do we have to have receipts where we purchased our currency?] You do not have to bring proof of purchase…just bring your currency. People are complicating what should be a simple appointment. If you have currency they will not ask you where you got it…they will just redeem it.
2-10-2020 Newshound/Intel Guru Mnt Goat Article: "MUHAMMAD TAWFIQ ALLAWI TO ADDRESS THE 20202 FISCAL DEFICIT" Quote: "AFTER THE PARLIAMENT VOTES BY AN ABSOLUTE MAJORITY OF THE MEMBERS OF THE NEW GOVERNMENT AND THE MINISTERIAL PLATFORM, THE ALLAWI GOVERNMENT CAN DISCUSS THE BUDGET AND SEND IT TO THE PARLIAMENT." this article is telling us that Allawi’s new government must be formed and ratified by parliament before the new budget can be sent over to them. This is why Allawi must work quickly to form his new cabinet. Also they tell us he does not like the large deficit and so he is going to first address it too before sending it over.
2-10-2020 Intel Guru Frank26 ...last Thursday members of the CBI elite and the Minister of Finance...met with the banks of Iraq. All the banks of Iraq. All the lending institutions that deal with money. I talked with [Guru] Walkingstick...and I said were you guys there? He said yeah. 'My firm was there...they laid it out completely. The whole roadmap for the redenomination, for the revaluation, the recalculating and for what they're about to do. The reinstatement of their currency'...they laid it all out. This is what we've done. This is where we're at. This is how many times we postponed it. This is why we're about to do it now. This is what we're gonna do. These are our benchmarks at every point along the way. This is what we've accomplished...they talked about timeframes on their currency reform. It was laid out from the very beginning of the Monetary reform all the way to the end. And the end is now...the CBI is about to speak to the citizens of Iraq and they're going to share all of this information that they have...
2-10-2020 Guest Guru TexasSnake My intel is similar [reference Guru Okie_Oil_Man post 2-9-2020]…. My senior banker source at WF who is in charge of Exchange centers for 5 states including Texas... He is in charge of training for employees on Wells Fargo and specialists with Abbot Downing investment banking branch...He feels very confident that late today or early tomorrow we may get our emails from Wells Fargo and 800 numbers for a start on Tuesday.
2-9-2020 Intel Guru Okie_Oil_Man Tonight may be interesting and tomorrow may really be interesting…. A Zurich contact that I had said Tues, Wed may finally be our time…As I understand it tonight and tomorrow morning there is a possibility (key word) we may get 800 numbers. That is the last I got from “The source” who has the authority to make this happen.
2-9-2020 Intel Guru Footforward ...I'm now aware that it seems Sadr is on the run and Allawi is actually winning people over. AND there will be a full cabinet sat with ZERO Iranian influence. As a matter of fact, several outlets are reporting that Sadr (who is an Iranian puppet) is actually in Iran right now and that Allawi is actually meeting with the people of Iraq to hear their concerns and make sure they are addressed. For real. This is not fake news!
2-9-2020 Newshound Guru Chattels Allawi presents his cabinet in two weeks, and its names will only be announced in Parliament. Constitutionally speaking, Allawi's 30 days to form a government began on February 2. Not that in Iraq constitutional deadlines or red-lines mean anything. But, two weeks from today will be February 24 or only a week left under the constitution to form a government. Hardly a meteoric pace. Assuming it is done timely which would be a change for Iraq.
2-9-2020 Newshound Gruu Kaperoni [Guru] Francis Albert You should go back and read the documentation or articles on what is stated from the CBI and other sources. They have made it clear that Iraq is primarily a physical currency country. Yes, they are trying to implement electronic money but...the cbi has said over and over there is in excess of 42 trillion dinar (chunky)... because it is in country and in the homes of citizens (under mattresses, pillows etc.) it must be accounted for. You cannot RV anywhere near a 1 to 1 rate with that much physical money in circulation as it would have to be accounted for. Heck, Iraq's total underground wealth is only 15-16 trillion dollars. You think they could afford 42 trillion? lol If they go to a 1 to 1 rate overnight it will be a LOP. The only other solution is to build a market economy, diversify the resources and gradually raise the value over time. Then then can collect these notes are citizens deposit them in banks as well as reduce pressure created on the financial system as a result of significant foreign investment. [Reference Guru Francis Albert posts 2-8-2020]
2-9-2020 Newshound/Intel Guru Mnt Goat ...I am hearing lots of chatter about elections in six months...This is NOT going to happen and here is why. The Iraqi legal expert, Ali al-Tamimi, said on Wednesday (February 05, 2020) that the Iraqi constitution did not include an article or a paragraph called "an interim government," noting that the Prime Minister-designate Muhammad Tawfiq Allawi, would continue to run the government until 2022. ...sometimes what you are seeing in the surface is not the entire story...TRUST ME there is a plan and they are executing it. We will see our reinstatement sooner rather than later.
2-9-2020 Newshound/Intel Guru Francis Albert [...bottom line Iraq can make monitary changes when ever they want I believe it is and has been a security issue holding them back.] It feels that way to me also... I "believe" (no proof or secret sources), that the CBI has been ready to do something significant. (not sure what this will be), but something, and as things cool down and the Iran 's influence decreases...something will happen.
2-9-2020 Intel Guru Footforward ...I'm now aware that it seems Sadr is on the run and Allawi is actually winning people over. AND there will be a full cabinet sat with ZERO Iranian influence. As a matter of fact, several outlets are reporting that Sadr (who is an Iranian puppet) is actually in Iran right now and that Allawi is actually meeting with the people of Iraq to hear their concerns and make sure they are addressed. For real. This is not fake news!
2-9-2020 Newshound Guru Chattels Allawi presents his cabinet in two weeks, and its names will only be announced in Parliament. Constitutionally speaking, Allawi's 30 days to form a government began on February 2. Not that in Iraq constitutional deadlines or red-lines mean anything. But, two weeks from today will be February 24 or only a week left under the constitution to form a government. Hardly a meteoric pace. Assuming it is done timely which would be a change for Iraq.
2-9-2020 Newshound Gruu Kaperoni [Guru] Francis Albert You should go back and read the documentation or articles on what is stated from the CBI and other sources. They have made it clear that Iraq is primarily a physical currency country. Yes, they are trying to implement electronic money but...the cbi has said over and over there is in excess of 42 trillion dinar (chunky)... because it is in country and in the homes of citizens (under mattresses, pillows etc.) it must be accounted for. You cannot RV anywhere near a 1 to 1 rate with that much physical money in circulation as it would have to be accounted for. Heck, Iraq's total underground wealth is only 15-16 trillion dollars. You think they could afford 42 trillion? lol If they go to a 1 to 1 rate overnight it will be a LOP. The only other solution is to build a market economy, diversify the resources and gradually raise the value over time. Then then can collect these notes are citizens deposit them in banks as well as reduce pressure created on the financial system as a result of significant foreign investment. [Reference Guru Francis Albert posts 2-8-2020]
2-9-2020 Newshound/Intel Guru Mnt Goat ...I am hearing lots of chatter about elections in six months...This is NOT going to happen and here is why. The Iraqi legal expert, Ali al-Tamimi, said on Wednesday (February 05, 2020) that the Iraqi constitution did not include an article or a paragraph called "an interim government," noting that the Prime Minister-designate Muhammad Tawfiq Allawi, would continue to run the government until 2022. ...sometimes what you are seeing in the surface is not the entire story...TRUST ME there is a plan and they are executing it. We will see our reinstatement sooner rather than later.
2-9-2020 Newshound/Intel Guru Francis Albert [...bottom line Iraq can make monitary changes when ever they want I believe it is and has been a security issue holding them back.] It feels that way to me also... I "believe" (no proof or secret sources), that the CBI has been ready to do something significant. (not sure what this will be), but something, and as things cool down and the Iran 's influence decreases...something will happen.
2-8-2020 Newshound Guru Jeff ...Trump actually picked the year that he wanted this to happen. Obviously Iraq had to have a combination of stability too but Trump most likely wanted this timed for the rate change to be timed with his 2020 campaign theme of a strong economy...all we're waiting on here is a specific calendar day. [Sunday March 22, 2020]. Iraq does appear to be walking possibly when Kuwait did there's...everything is looking good.
2-8-2020 Newshound Guru Breitling ...what Iraq needs from their budget - how much they make and how much they need - they talk about getting to a billion notes to get to $1.17 and up. At a minimum they need about .53 cents. That's based on their information. Even though I'm speculating that's the best math I can come up with based on what they need. They need about .53 cents. That does not mean that's what they will come out at...
2-8-2020 Newshound/Intel Guru Francis Albert Obviously...[Guru] Kaperoni is throwing the baby out with the bath water. I don't believe any sensible person believes the Iraqi Dinar is going to go from .00086 to $3.50 overnight. (This is what most believe an RV will be)...What Kap doesn't see, is the forest for the trees. It is obvious to anyone paying attention to the news and three reliable sources that I know of: (The Goat, Frank and Adam Montana) Iraq is going to take their currency international and take off the program rate instilled by the IMF, U.N...So, a hit from program rate to something like .86 popping on Forex overnight, (my prediction), is very possible and doable...of course it will "float". All currencies are pegged to the dollar and go up and down as people buy them...And Kap is right. Who knows how long it will take for it to go up from the initial hit? I think a few months can get us to an "interesting" number. But, hey, .86 is pretty darn interesting, but I wouldn't sell at this price. That's my .86 worth today for what it is worth.
2-8-2020 Newshound Guru Jeff ...Iraq's got a new PM...hopefully by the end of February he can get his cabinet formed...we are not waiting on the formation of that government. Sometimes people might tell you we are. We're not waiting on the formation of the government. They have their stability they need...Iraq's transitioning to a new fiscal year. They've already told us that the reforms are the large deficit within the budget - that's all post rate change. Everything is moving in the right direction. We're looking good. I have not changed my time-frame...Iraq is now walking in Kuwait's timing footsteps. It's that simple...we're waiting on one thing. We're waiting on the calendar [March 2020]...
2-8-2020 Newshound Guru Breitling ...People send me emails asking very specifically if Trump has any sway or anything like that on the Iraqi dinar? Not the Iraqi dinar. He has influence on the price of oil. And he has influence on Iraq's U.S. accounts. We can freeze those. The dinar itself they have control of...everything we look at and look for that's what's going on. They are reducing their note count. Oil prices are going down. They have an emergency budget put together because that exact cause and effect. So here we are...I've never had any fear about them adding value to the dinar. Not once...
2-8-2020 Newshound Guru Kaperoni If they float the currency like the IMF has asked. Who knows how fast Or at what pace it would rise. Market forces determines that.
2-8-2020 Newshound Guru Breitling ...what Iraq needs from their budget - how much they make and how much they need - they talk about getting to a billion notes to get to $1.17 and up. At a minimum they need about .53 cents. That's based on their information. Even though I'm speculating that's the best math I can come up with based on what they need. They need about .53 cents. That does not mean that's what they will come out at...
2-8-2020 Newshound/Intel Guru Francis Albert Obviously...[Guru] Kaperoni is throwing the baby out with the bath water. I don't believe any sensible person believes the Iraqi Dinar is going to go from .00086 to $3.50 overnight. (This is what most believe an RV will be)...What Kap doesn't see, is the forest for the trees. It is obvious to anyone paying attention to the news and three reliable sources that I know of: (The Goat, Frank and Adam Montana) Iraq is going to take their currency international and take off the program rate instilled by the IMF, U.N...So, a hit from program rate to something like .86 popping on Forex overnight, (my prediction), is very possible and doable...of course it will "float". All currencies are pegged to the dollar and go up and down as people buy them...And Kap is right. Who knows how long it will take for it to go up from the initial hit? I think a few months can get us to an "interesting" number. But, hey, .86 is pretty darn interesting, but I wouldn't sell at this price. That's my .86 worth today for what it is worth.
2-8-2020 Newshound Guru Jeff ...Iraq's got a new PM...hopefully by the end of February he can get his cabinet formed...we are not waiting on the formation of that government. Sometimes people might tell you we are. We're not waiting on the formation of the government. They have their stability they need...Iraq's transitioning to a new fiscal year. They've already told us that the reforms are the large deficit within the budget - that's all post rate change. Everything is moving in the right direction. We're looking good. I have not changed my time-frame...Iraq is now walking in Kuwait's timing footsteps. It's that simple...we're waiting on one thing. We're waiting on the calendar [March 2020]...
2-8-2020 Newshound Guru Breitling ...People send me emails asking very specifically if Trump has any sway or anything like that on the Iraqi dinar? Not the Iraqi dinar. He has influence on the price of oil. And he has influence on Iraq's U.S. accounts. We can freeze those. The dinar itself they have control of...everything we look at and look for that's what's going on. They are reducing their note count. Oil prices are going down. They have an emergency budget put together because that exact cause and effect. So here we are...I've never had any fear about them adding value to the dinar. Not once...
2-8-2020 Newshound Guru Kaperoni If they float the currency like the IMF has asked. Who knows how fast Or at what pace it would rise. Market forces determines that.
2-7-2020 Newshound Guru Mnt Goat 2) Remember they must go at least 1:1 in rate if they pay out the stipends and this would mean the project to delete the zeros would be necessary. My take on all this is this is what will finally trigger the RV. This would also lead to the reinstatement. We know the banks have already exchanged three zero notes for the smaller category notes and have ample supplies to go ahead now. This happened over this past year. So they are ready for something. The CBI would not be doing all this is nothing was being planned. So, this is all VERY GOOD news for us...I am told this is coming in “the coming days”. However days always seem to miraculously turn into months somehow…lol.., [post 2 of 2]
2-7-2020 Newshound Guru Mnt Goat What does the CBI need? The CBI needs political stability and for the protestors to go home. Allawi is desperately trying to gain their confidence but we know he will have to eventually put out or shut up...he will have to produce something meaningful for the citizens. This is probably going to be the HCL stipends. This is my guess. What do we know about these stipends? 1) Over two months now an agreement has been made to actually begin the payout of these stipends...the referendum has already been written and passed through the parliament in 2018. Like other legislation it just sits on someone’s desk and never gets implemented. Now they agreed to implement it to help in this situation. [post 1 of 2....stay tuned]
2-7-2020 Intel Guru MarkZ [Do you think Iraq will move to a new fiscal year to match Kuwait?] I do…I believe Kuwaits fiscal year starts on April 1st. It makes sense for them to have the same fiscal year as everyone around them.
2-7-2020 Intel Guru Bruce [via WiserNow] ... there is action happening – there’s things happening behind the scenes...It’s just all moving...I’m here to say things are in motion – We have heard some things that talk about everything opening up overnight tonight [Thursday]...We know that the redemption centers have their schedules for the next 10-15 days in some cases but we don’t know exactly when the start is going to be...They don’t want us to know when it starts – They want it to be a surprise...My understanding was we were to get going pretty soon after President Trump was released or acquitted – ok – and that has taken place - so we’re just sitting here waiting – ready and waiting...
2-7-2020 Newshound Guru Vital Brad ...[CBI] they have the rate of the Iraqi dinar still listed - 1190 for just 1 US dollar...I bring up rate because what we're looking for as Iraqi dinar holders is we want that number to get smaller. Which means 1 US dollar can get LESS Iraqi dinar...So that means it's gonna take less of our Iraqi dinar to get 1 dollar. So we keep watching that number. I want it to continue to go down... [You can always see the latest CBI official rate and daily market rate for the Iraqi dinar in the left column of this page.]
2-7-2020 Newshound/Intel Guru Mnt Goat Many...are now asking me for a new timeframe for the reinstatement. I promised a new target once the prime minister was chosen. I am very confident in Allawi and his abilities to turn Iraq around, given a chance to do so...We know that January was the OPTIMAL time for the CBI to reinstate the currency and it did not happen due circumstances. But...The CBI can reinstate the Iraq dinar anytime deemed necessary or desired...We know also that until the new year’s budget for 2020 is opened and used, it still makes sense for the CBI to reinstate as if in the January timeframe. I called my CBI contact and...I was told that just like the previous two years they have until the end of March as their deadline. If we go past this timeframe we are sunk again for yet another year. To me this sounds like our new window!
2-7-2020 Intel Guru MarkZ …in the past it was a secret and they never expected us to find out about these revaluations. That is why there has been so many delays…they never expected us to know. In Kuwait only a handful found out…then came the internet…and we found out… After world war 2 Germany revalued. Japan revalued… In the past Iran has revalued… Venezuela has revalued…look throughout history. In the past it was always the elite who profited and could take advantage of it. They were profiting off of war.
2-7-2020 Intel Guru BobTheTaxMan Question "Let's say you don't have the receipt for the dinar when you purchased - you don't need that to exchange do you?" No. Now earlier in this crazy game we're involved in there was an idea that you were going to have to have the original date of purchase because they thought it was going to be capital gains. In reality it's not. It's going to be ordinary income. It's going to be no different from exchanging currency you currently have in your pocket. It's not going to matter. So don't worry about that part...[Consult with financial and tax professionals at the appropriate time.]
2-7-2020 Newshound Guru Mnt Goat What does the CBI need? The CBI needs political stability and for the protestors to go home. Allawi is desperately trying to gain their confidence but we know he will have to eventually put out or shut up...he will have to produce something meaningful for the citizens. This is probably going to be the HCL stipends. This is my guess. What do we know about these stipends? 1) Over two months now an agreement has been made to actually begin the payout of these stipends...the referendum has already been written and passed through the parliament in 2018. Like other legislation it just sits on someone’s desk and never gets implemented. Now they agreed to implement it to help in this situation. [post 1 of 2....stay tuned]
2-7-2020 Intel Guru MarkZ [Do you think Iraq will move to a new fiscal year to match Kuwait?] I do…I believe Kuwaits fiscal year starts on April 1st. It makes sense for them to have the same fiscal year as everyone around them.
2-7-2020 Intel Guru Bruce [via WiserNow] ... there is action happening – there’s things happening behind the scenes...It’s just all moving...I’m here to say things are in motion – We have heard some things that talk about everything opening up overnight tonight [Thursday]...We know that the redemption centers have their schedules for the next 10-15 days in some cases but we don’t know exactly when the start is going to be...They don’t want us to know when it starts – They want it to be a surprise...My understanding was we were to get going pretty soon after President Trump was released or acquitted – ok – and that has taken place - so we’re just sitting here waiting – ready and waiting...
2-7-2020 Newshound Guru Vital Brad ...[CBI] they have the rate of the Iraqi dinar still listed - 1190 for just 1 US dollar...I bring up rate because what we're looking for as Iraqi dinar holders is we want that number to get smaller. Which means 1 US dollar can get LESS Iraqi dinar...So that means it's gonna take less of our Iraqi dinar to get 1 dollar. So we keep watching that number. I want it to continue to go down... [You can always see the latest CBI official rate and daily market rate for the Iraqi dinar in the left column of this page.]
2-7-2020 Newshound/Intel Guru Mnt Goat Many...are now asking me for a new timeframe for the reinstatement. I promised a new target once the prime minister was chosen. I am very confident in Allawi and his abilities to turn Iraq around, given a chance to do so...We know that January was the OPTIMAL time for the CBI to reinstate the currency and it did not happen due circumstances. But...The CBI can reinstate the Iraq dinar anytime deemed necessary or desired...We know also that until the new year’s budget for 2020 is opened and used, it still makes sense for the CBI to reinstate as if in the January timeframe. I called my CBI contact and...I was told that just like the previous two years they have until the end of March as their deadline. If we go past this timeframe we are sunk again for yet another year. To me this sounds like our new window!
2-7-2020 Intel Guru MarkZ …in the past it was a secret and they never expected us to find out about these revaluations. That is why there has been so many delays…they never expected us to know. In Kuwait only a handful found out…then came the internet…and we found out… After world war 2 Germany revalued. Japan revalued… In the past Iran has revalued… Venezuela has revalued…look throughout history. In the past it was always the elite who profited and could take advantage of it. They were profiting off of war.
2-7-2020 Intel Guru BobTheTaxMan Question "Let's say you don't have the receipt for the dinar when you purchased - you don't need that to exchange do you?" No. Now earlier in this crazy game we're involved in there was an idea that you were going to have to have the original date of purchase because they thought it was going to be capital gains. In reality it's not. It's going to be ordinary income. It's going to be no different from exchanging currency you currently have in your pocket. It's not going to matter. So don't worry about that part...[Consult with financial and tax professionals at the appropriate time.]
2-6-2020 Intel Guru MarkZ [via PDK] If you look at the Kuwaiti Dinar it floated up to a high of $9.88 US during its revaluation and if you look at it today its valued at about $3.75 US if you were to look it up. Keep in mind years ago if you were to buy kuwaity dinar you could have bought it for $800-$900 US per million. So those screaming about “It’s never going to happen” look at history. I know several people who participated in the Kuwaiti Dinar reset. Just know that things like the RV/reset really do happen...
2-6-2020 Newshound Guru Vital Brad ...the prime minister Allawi he spoke to the demonstrators...I think it [the speech] does a really good job of portraying where his heart's at and the change that he wants to make for the people of Iraq...I think that is a wonderful speech...they're wonderful words but being in this so long there have been a lot of prime ministers that have said wonderful words. Action is gonna be what really separates whether what he's saying is honorable and true or whether he's just giving lip service. But I really was touched by this speech...
2-6-2020 Newshound/Intel Guru Mnt Goat Article: "IRAQ BUSINESS NEWS: SERIOUS QUESTIONS ON THE APPRECIATION OF IRAQI DINAR" Quote: "...the “independence” of the CBI was compromised in negotiating and signing a ‘Stand-By Agreement’ with the IMF in late 2005." This refers to the first stand-by-agreement in 2005. We need to tie this in what happened in 2011-2018 and then into 2019 and how the independence of the CBI was compromised. So please don’t anyone tell me the CBI can reinstate anytime it wants to. This is NOT true. The CBI needs the permission and full support of the GOI which included the prime ministers cabinet and parliament. Now we see they also need the permission of the IMF...
2-6-2020 Intel Guru MarkZ [via PDK] [Do we have to wait for Iraq to clean up their mess?] I was told by my contacts in Iraq that the currency policy does not depend on the government. That is why a asset backed currency is so important. [Anything new on rates on the dinar?] I am still hearing the same thing…A street rate on the dinar of about $3.90 to $4...I am hearing the dong will release at .40 to .50 cents. And it will float to up around $2.00...
2-6-2020 Intel Guru BobTheTaxMan Question "Is dinar attached to a social security number -Is there anything special that needs to be done to exchange it?" No. The only reason why they ask for social security number is because of the intensifying of the rules and regulations chasing down terrorists. It just verifies you're a real person when you buy it. And that's its whole purpose. You'll see people selling dinar on eBay or Craig's List there's no social security number associated with any of that stuff. When they go to cash it in...they are not going to care where it came from. So don't worry about that. The only purpose in people asking for that social security number was for the dealerships so they could satisfy some of the IRS standards that are now in place. That's it. [Consult with your financial professional at the appropriate time.]
2-6-2020 Intel Guru Angel1 ...MTA [PM Allawi] is an extremely successful businessman...he has businesses all over England, UK, Lebanon, Morocco you name it. He has had successful businesses. Run huge corporations...we are seeing a direct reflection of what we have in the US. Trump is a businessman. We are getting incredible results because of it...And we are about to see incredible results because of it...he [Allawi] was in Washington several months ago doing what I like to call phase 1 of the interview. I believe he was interviewed for this very position that he's sitting in by Washington led by Trump...he gave an incredible speech on the importance of an increase of value to the Iraqi dinar. People ask me, 'what does the banking world think of MTA?' He's one of us. He's a businessman. He understands value...He is against corruption...this is who is in charge of Iraq now...Phase 2 - Iraq getting him onboard. He's now onboard. Phase 3 is implementation. I believe that's exactly where we are right now...
2-6-2020 Intel Guru Frank26 ...MTA [PM Allawi] has always been a pro advocate for the monetary reform. MTA is telling the citizens of Iraq he wants to activate the reforms in order to get the government going...he's waiting on the CBI to pass the baton [the new exchange rate] onto the GOI so they can do the economic reforms. This is called the monetary reform. And MTA wants both of them...
2-6-2020 Newshound Guru Adam Montana Article: "Iran desperately attempts to retain hold on Iraq" ...One great example of what's going on in the background - the stuff we don't see on the news...Iran is obviously making a last ditch effort to hold ground. Quote: "Iran on Sunday offered its full support for new Iraqi prime minister Mohammed Tawfiq Allawi and reiterated its backing for the government's demand for US forces to leave the country." Does anyone think Iran is going to win this ultimatum? I do not. Especially not with Allawi at the helm, who is presumably approved by greater powers than Iran. This is precisely why Iran is making their last ditch, desperate attempt to gain footing... and it looks like a failed attempt from the start. If Iran has any success whatsoever in this attempt, we are going to see it immediately. I can't wait to see this Iranian attempt fall on it's face!
2-6-2020 Newshound Guru Vital Brad ...the prime minister Allawi he spoke to the demonstrators...I think it [the speech] does a really good job of portraying where his heart's at and the change that he wants to make for the people of Iraq...I think that is a wonderful speech...they're wonderful words but being in this so long there have been a lot of prime ministers that have said wonderful words. Action is gonna be what really separates whether what he's saying is honorable and true or whether he's just giving lip service. But I really was touched by this speech...
2-6-2020 Newshound/Intel Guru Mnt Goat Article: "IRAQ BUSINESS NEWS: SERIOUS QUESTIONS ON THE APPRECIATION OF IRAQI DINAR" Quote: "...the “independence” of the CBI was compromised in negotiating and signing a ‘Stand-By Agreement’ with the IMF in late 2005." This refers to the first stand-by-agreement in 2005. We need to tie this in what happened in 2011-2018 and then into 2019 and how the independence of the CBI was compromised. So please don’t anyone tell me the CBI can reinstate anytime it wants to. This is NOT true. The CBI needs the permission and full support of the GOI which included the prime ministers cabinet and parliament. Now we see they also need the permission of the IMF...
2-6-2020 Intel Guru MarkZ [via PDK] [Do we have to wait for Iraq to clean up their mess?] I was told by my contacts in Iraq that the currency policy does not depend on the government. That is why a asset backed currency is so important. [Anything new on rates on the dinar?] I am still hearing the same thing…A street rate on the dinar of about $3.90 to $4...I am hearing the dong will release at .40 to .50 cents. And it will float to up around $2.00...
2-6-2020 Intel Guru BobTheTaxMan Question "Is dinar attached to a social security number -Is there anything special that needs to be done to exchange it?" No. The only reason why they ask for social security number is because of the intensifying of the rules and regulations chasing down terrorists. It just verifies you're a real person when you buy it. And that's its whole purpose. You'll see people selling dinar on eBay or Craig's List there's no social security number associated with any of that stuff. When they go to cash it in...they are not going to care where it came from. So don't worry about that. The only purpose in people asking for that social security number was for the dealerships so they could satisfy some of the IRS standards that are now in place. That's it. [Consult with your financial professional at the appropriate time.]
2-6-2020 Intel Guru Angel1 ...MTA [PM Allawi] is an extremely successful businessman...he has businesses all over England, UK, Lebanon, Morocco you name it. He has had successful businesses. Run huge corporations...we are seeing a direct reflection of what we have in the US. Trump is a businessman. We are getting incredible results because of it...And we are about to see incredible results because of it...he [Allawi] was in Washington several months ago doing what I like to call phase 1 of the interview. I believe he was interviewed for this very position that he's sitting in by Washington led by Trump...he gave an incredible speech on the importance of an increase of value to the Iraqi dinar. People ask me, 'what does the banking world think of MTA?' He's one of us. He's a businessman. He understands value...He is against corruption...this is who is in charge of Iraq now...Phase 2 - Iraq getting him onboard. He's now onboard. Phase 3 is implementation. I believe that's exactly where we are right now...
2-6-2020 Intel Guru Frank26 ...MTA [PM Allawi] has always been a pro advocate for the monetary reform. MTA is telling the citizens of Iraq he wants to activate the reforms in order to get the government going...he's waiting on the CBI to pass the baton [the new exchange rate] onto the GOI so they can do the economic reforms. This is called the monetary reform. And MTA wants both of them...
2-6-2020 Newshound Guru Adam Montana Article: "Iran desperately attempts to retain hold on Iraq" ...One great example of what's going on in the background - the stuff we don't see on the news...Iran is obviously making a last ditch effort to hold ground. Quote: "Iran on Sunday offered its full support for new Iraqi prime minister Mohammed Tawfiq Allawi and reiterated its backing for the government's demand for US forces to leave the country." Does anyone think Iran is going to win this ultimatum? I do not. Especially not with Allawi at the helm, who is presumably approved by greater powers than Iran. This is precisely why Iran is making their last ditch, desperate attempt to gain footing... and it looks like a failed attempt from the start. If Iran has any success whatsoever in this attempt, we are going to see it immediately. I can't wait to see this Iranian attempt fall on it's face!
2-5-2020 Intel Guru Angel1 ...I believe 30 days is enough time for the process to take place to reinstate the currency of Iraq...businessmen are now in charge...
2-5-2020 Newshound Guru Adam Montana Article: "Iraqi Kurdistan agrees with Baghdad on 2020 budget share" I LOVE that this is happening right now, with a new PM in place. The new PM could have thrown everything GOI into a tailspin. Instead, business is happening.
2-5-2020 Newshound Guru Kaperoni Here is a fact...according to the Prime Minister's economic advisor Muhammad Salih, Iraq is ninth in the world in terms of natural resources underground estimated at about 15–16 trillion dollars, whether in oil, phosphates, sulfur, silicon and other important raw materials. With that known, what makes one think the CBI could significantly overnight RV/RI the dinar with excess of 42 trillion in circulation? That would be giving away over two times the countries entire wealth! Not going to happen...
2-5-2020 Newshound/Intel Guru Mnt Goat Note how the demonstrators do not talk much, if any, about the currency auctions now? What happened was that after their first set of demands when they demanded the currency auctions end, the CBI came out and told them that currency reform was about to happen and was progressing but is stalled due to the instability by the demonstrators. So they then said they would continue again once the demonstrators when home and things settled down.
2-5-2020 Newshound Guru Jeff Article "Kurdistan region confirms readiness to abide by the terms of the agreement and hand over Baghdad revenues of 250 thousand barrels per day" This is a great article further confirming that the agreement between Kurdistan and Baghdad has not been implemented. It's waiting on the 2020 Budget approval to be implemented. Remember these are post rate change steps and agreements. That's why these types of agreements have never been activated or implemented before between Kurdistan and Baghdad. It's just more confirming great news...
2-5-2020 Newshound Guru Adam Montana ...We are a couple days past the presentation of the new (possibly interim) Prime Minister, and my sentiments thus far can be summarized in a word: HAPPY. The new PM was selected late last week. He's had less than a full week to screw it up, and he has not. Seriously - 5 days is plenty of time to drive the bus right off a cliff, and he has not. In fact, he's doing things right. ...I'll be candid - Tawfik Allawi was not my "top pick" for the new PM. But, current PM Allawi does have a very solid history of butting heads with Maliki, and that's about as solid of an endorsement as anyone should need...
2-5-2020 Intel Guru MarkZ [via PDK] Things from the news today pointing to us being close…At Redemption Centers part of them are in…part of them are on call. [Mark are we needing Iraq to complete their government for us to move forward to the RV?] Part of the move of the Global Currency Reset is the governments don’t matter as long as the assets are there so I am told it won’t matter. I am however being told we will see the government fall into place immediately on the reset or reinstatement of that value of the dinar.
2-5-2020 Intel Guru Bruce [via WiserNow] I want to remind everybody that we do feel like we are very, very close to this going...What we are seeing is we had an opportunity to go either today or tomorrow (Wed)...emphasis on ...(Wed)...all I can tell you is the redemption staff will be in tomorrow [Wednesday]... I think they are going to be prepared for a late morning start for setting appointments for us...Rates are continuing to climb as the Dinar did come back up on the screen – we heard that from our Forex contact... There’s not a whole lot to tell when you’re at the end of the ride - that’s pretty much where we are...everything is stationed – and ready to go...
2-5-2020 Newshound Guru Vital Brad ...looks like so far the little time Allawi has been in he's getting things done which is good. We want to set the government for this revaluation to take place. We want Iraq as stable as absolute possible...
2-5-2020 Newshound Guru Kaperoni ...guru Frank26...thinks some big RV/RI is going to happen and people are going to exchange their dinar at banks...It could take years for banks to ever include the dinar in there currency exchange portfolio because of it's volatility. Most banks by nature are very conservative so I wouldn't expect banks to jump in right away and add the dinar to their portfolio of exchangeable currencies. But even so, that is assuming there was some significant overnight event to raise the value of the dinar. Which won't happen...There is no overnight event call it whatever you want. Most of the same reasons still apply...there is over 42 trillion dinar in circulation and Iraq never could afford any significant RV. Plus, if they ever did it would throw the whole economic system in Iraq into total chaos. Just not how economies and monetary policy work. The whole idea of an overnight significant RV is a fallacy. If the dinar is ever going to go up in value it's going to go up gradually over time via a float...
2-5-2020 Intel Guru Frank26 ...I believe a couple months ago Donald Trump invited MTA [PM Allawi]...MTA and Donald Trump talked about the monetary reform. And apparently when this guy came to Washington D.C. he gave a complete pre-interview to many business owners of Iraq...this happened 4 or 5 months ago...When he came to see Donald Trump I believe he passed Donald Trump's litmus test...He was being interviewed to be Prime Minister IMO...Donald Trump is a business genius mastermind...This was prepared way in advance in silence...All that MTA is saying right now in Iraq has been talked and discussed thoroughly by Trump and MTA many months ago...IMO Trump has a vision for Iraq...
2-5-2020 Newshound Guru Adam Montana Article: "Iraqi Kurdistan agrees with Baghdad on 2020 budget share" I LOVE that this is happening right now, with a new PM in place. The new PM could have thrown everything GOI into a tailspin. Instead, business is happening.
2-5-2020 Newshound Guru Kaperoni Here is a fact...according to the Prime Minister's economic advisor Muhammad Salih, Iraq is ninth in the world in terms of natural resources underground estimated at about 15–16 trillion dollars, whether in oil, phosphates, sulfur, silicon and other important raw materials. With that known, what makes one think the CBI could significantly overnight RV/RI the dinar with excess of 42 trillion in circulation? That would be giving away over two times the countries entire wealth! Not going to happen...
2-5-2020 Newshound/Intel Guru Mnt Goat Note how the demonstrators do not talk much, if any, about the currency auctions now? What happened was that after their first set of demands when they demanded the currency auctions end, the CBI came out and told them that currency reform was about to happen and was progressing but is stalled due to the instability by the demonstrators. So they then said they would continue again once the demonstrators when home and things settled down.
2-5-2020 Newshound Guru Jeff Article "Kurdistan region confirms readiness to abide by the terms of the agreement and hand over Baghdad revenues of 250 thousand barrels per day" This is a great article further confirming that the agreement between Kurdistan and Baghdad has not been implemented. It's waiting on the 2020 Budget approval to be implemented. Remember these are post rate change steps and agreements. That's why these types of agreements have never been activated or implemented before between Kurdistan and Baghdad. It's just more confirming great news...
2-5-2020 Newshound Guru Adam Montana ...We are a couple days past the presentation of the new (possibly interim) Prime Minister, and my sentiments thus far can be summarized in a word: HAPPY. The new PM was selected late last week. He's had less than a full week to screw it up, and he has not. Seriously - 5 days is plenty of time to drive the bus right off a cliff, and he has not. In fact, he's doing things right. ...I'll be candid - Tawfik Allawi was not my "top pick" for the new PM. But, current PM Allawi does have a very solid history of butting heads with Maliki, and that's about as solid of an endorsement as anyone should need...
2-5-2020 Intel Guru MarkZ [via PDK] Things from the news today pointing to us being close…At Redemption Centers part of them are in…part of them are on call. [Mark are we needing Iraq to complete their government for us to move forward to the RV?] Part of the move of the Global Currency Reset is the governments don’t matter as long as the assets are there so I am told it won’t matter. I am however being told we will see the government fall into place immediately on the reset or reinstatement of that value of the dinar.
2-5-2020 Intel Guru Bruce [via WiserNow] I want to remind everybody that we do feel like we are very, very close to this going...What we are seeing is we had an opportunity to go either today or tomorrow (Wed)...emphasis on ...(Wed)...all I can tell you is the redemption staff will be in tomorrow [Wednesday]... I think they are going to be prepared for a late morning start for setting appointments for us...Rates are continuing to climb as the Dinar did come back up on the screen – we heard that from our Forex contact... There’s not a whole lot to tell when you’re at the end of the ride - that’s pretty much where we are...everything is stationed – and ready to go...
2-5-2020 Newshound Guru Vital Brad ...looks like so far the little time Allawi has been in he's getting things done which is good. We want to set the government for this revaluation to take place. We want Iraq as stable as absolute possible...
2-5-2020 Newshound Guru Kaperoni ...guru Frank26...thinks some big RV/RI is going to happen and people are going to exchange their dinar at banks...It could take years for banks to ever include the dinar in there currency exchange portfolio because of it's volatility. Most banks by nature are very conservative so I wouldn't expect banks to jump in right away and add the dinar to their portfolio of exchangeable currencies. But even so, that is assuming there was some significant overnight event to raise the value of the dinar. Which won't happen...There is no overnight event call it whatever you want. Most of the same reasons still apply...there is over 42 trillion dinar in circulation and Iraq never could afford any significant RV. Plus, if they ever did it would throw the whole economic system in Iraq into total chaos. Just not how economies and monetary policy work. The whole idea of an overnight significant RV is a fallacy. If the dinar is ever going to go up in value it's going to go up gradually over time via a float...
2-5-2020 Intel Guru Frank26 ...I believe a couple months ago Donald Trump invited MTA [PM Allawi]...MTA and Donald Trump talked about the monetary reform. And apparently when this guy came to Washington D.C. he gave a complete pre-interview to many business owners of Iraq...this happened 4 or 5 months ago...When he came to see Donald Trump I believe he passed Donald Trump's litmus test...He was being interviewed to be Prime Minister IMO...Donald Trump is a business genius mastermind...This was prepared way in advance in silence...All that MTA is saying right now in Iraq has been talked and discussed thoroughly by Trump and MTA many months ago...IMO Trump has a vision for Iraq...
2-4-2020 Newshound Guru MilitiaMan Well it has been awhile since we have heard about the Iraq Stock Exchange. An look at what they are talking about. They are talking about a "MECHANISM FOR INCREASING THE RETURN ON BANK SHARES"! To increase banks share with a mechanism, at this stage is a change in value in what mechanism they use in the market place. If they are to interlink like we have heard in the past to the NASDAQ then the mechanism to be used is going to have to be a fairly large one to get the return they are looking for. Imo. A return is a profit...IMO. This bodes well for us...imo.
2-4-2020 Newshound Guru Chattels We will know better what we have or are dealing with better when we can see the names of the new cabinet nominees I hope. It occurs to me that Allawi is going to have to distance himself from even the appearance of impropriety of "connectedness" to political faction to have any chance of obtaining some approval from the protesters.
2-4-2020 Newshound/Intel Guru Mnt Goat Article: "UNCONFIRMED: MUHAMMED TAWFIQ ALAWI REFUSED BY IRAQ PROTESTORS but is accepted by the normal citizen." ...this news is unconfirmed but I think this is more of the Iranian protestors than the average Iraqi citizen. They are giving Allawi a bad rap even before they know of his policies. Let’s just watch and see what he does. We need him to push the CBI and support the “project to delete the zeros”. The support will come from the Finance committee of the cabinet. They will have to send a referendum to parliament for a vote. This will be our sign they are going to move ahead for sure. At least this is what I am not told by my CBI contact in Baghdad.
2-4-2020 Intel Guru MarkZ I am being told they are testing the digital aspect of our currency…the initial tests were done over the last 4 days or so...testing again today and tomorrow…we are very close. I am still told the currencies we have are all in one basket.
2-4-2020 Intel Guru Footforward In my opinion the dinar is taxable. It's capital gains. I will be talking to a good accountant and a tax lawyer... [Check with your tax professional at the appropriate time.]
2-4-2020 Intel Guru Frank26 ...once we sit this prime minister and we did didn't we! On the 1st of February, strictly my opinion, within a 30 day time frame we should see a change in the value of the currency. I'm being very sincere here. I'm excited about this guy. I like him. Let me tell you why...he has a long history in the government of Iraq...his history has been superior in supporting the Iraqi citizens...he was involved in financial committees of the GOI. He has expertise in finances...he's a business man...we have 18 bullet points of why Donald Trump picked this man...
2-4-2020 Newshound Guru Jeff [Question via pimpy] Everybody thinks it's [the RV] gonna happen the 1st quarter of this year...if for whatever reason it doesn't pop off, what's left? That's a hard one to answer because looking at everything they've done since the beginning of '19 I don't really think there is anything left...Iraq has done too much. I don't see how they cannot do it...IMO they're at the last step positioning the money for the rate change...
2-4-2020 Newshound Guru Chattels We will know better what we have or are dealing with better when we can see the names of the new cabinet nominees I hope. It occurs to me that Allawi is going to have to distance himself from even the appearance of impropriety of "connectedness" to political faction to have any chance of obtaining some approval from the protesters.
2-4-2020 Newshound/Intel Guru Mnt Goat Article: "UNCONFIRMED: MUHAMMED TAWFIQ ALAWI REFUSED BY IRAQ PROTESTORS but is accepted by the normal citizen." ...this news is unconfirmed but I think this is more of the Iranian protestors than the average Iraqi citizen. They are giving Allawi a bad rap even before they know of his policies. Let’s just watch and see what he does. We need him to push the CBI and support the “project to delete the zeros”. The support will come from the Finance committee of the cabinet. They will have to send a referendum to parliament for a vote. This will be our sign they are going to move ahead for sure. At least this is what I am not told by my CBI contact in Baghdad.
2-4-2020 Intel Guru MarkZ I am being told they are testing the digital aspect of our currency…the initial tests were done over the last 4 days or so...testing again today and tomorrow…we are very close. I am still told the currencies we have are all in one basket.
2-4-2020 Intel Guru Footforward In my opinion the dinar is taxable. It's capital gains. I will be talking to a good accountant and a tax lawyer... [Check with your tax professional at the appropriate time.]
2-4-2020 Intel Guru Frank26 ...once we sit this prime minister and we did didn't we! On the 1st of February, strictly my opinion, within a 30 day time frame we should see a change in the value of the currency. I'm being very sincere here. I'm excited about this guy. I like him. Let me tell you why...he has a long history in the government of Iraq...his history has been superior in supporting the Iraqi citizens...he was involved in financial committees of the GOI. He has expertise in finances...he's a business man...we have 18 bullet points of why Donald Trump picked this man...
2-4-2020 Newshound Guru Jeff [Question via pimpy] Everybody thinks it's [the RV] gonna happen the 1st quarter of this year...if for whatever reason it doesn't pop off, what's left? That's a hard one to answer because looking at everything they've done since the beginning of '19 I don't really think there is anything left...Iraq has done too much. I don't see how they cannot do it...IMO they're at the last step positioning the money for the rate change...
2-3-2020 Newshound Guru ChrisC Article: "The Prime Minister-designate began searching for his ministerial staff 45 days ago" ...months and months ago, Saleh met with Trump and at that point at least they were laying out a game plan. They met again and then once more recently, so, I am sure they have his cabinet picked to the last person. ...this is at a critical point for Iraq. Iran has lost a major grip on Iraq, but they still have their hand in there. The people have taken all they can stand and they can't stands no more, so they have to be calmed down. I think we will see his cabinet picked in record time and confirmed and the people will have their currency back and at that point, Iran will have to start withdrawing their hand or have it cut off...we will have to see what their move will be.
2-3-2020 Intel Guru MarkZ ...I spoke to folks all over and yes, they do believe this is our week …. I am sure you are as tired of hearing that as I am of saying it. But recently because I know we are so close I have had a peace settle into me…. I am no longer looking for it minute to minute because I know it’s going to happen. I feel really good about it. As for Redemption centers…they are back at work today...There is a lot of news happening this week. In Iraq…new Prime Minister and lots of talk about the budget…
2-3-2020 Newshound Guru Jeff ...Over the weekend they came out saying that Allawi the new PM might try to get his government formed within approximately 3 weeks. Another article came out saying they were going to open the path to reform and that's great news but the good thing...is they're talking in circles...they're just repeating all of the same information that they have. Clear since last year, reforms, reconstruction and the end result...they're waiting on the rate change. That's why they just keep repeating themselves talking in circles...they're showing you everything's waiting on the rate change including the approval process of the budget. We're looking good. Everything's moving in the right direction...
2-3-2020 Intel Guru Footforward [...Any thoughts on the dong?] I don't have dong. My opinion is the dinar will be far and away be the big winner. The issue hasn't ever been the laws or Iraq's government. They have long since finished the things that need to happen for the RV. It just needs to be activated. IMO.
2-3-2020 Newshound Guru Adam Montana [...I still would have preferred the other Allawi...] Agreed on the Allawi we got, but it is what it is and I don’t care who gets the job done as long as it gets done! Whether we see an RV this week or not, I’m very solid that we are going to have a much clearer picture over the next few days.
2-3-2020 Intel Guru Frank26 ...If we exchange at American banks do the dinars go to the United States Treasury? ...If you go to an American bank, yes. Let's say you you live in North western United States and you go to Key Bank and you exchange your dinar. Key Bank then gives you American currency electronic or physical then they take those dinars and they send those dinars to the US Treasury... Let's say...you happen to go into a bank that represents the CBI here in America and you exchange them. What is that bank gonna do? That bank even though it follows American banking laws has the ability to send that currency back to the CBI...they get their spread (profit) another way...
2-3-2020 Newshound Guru Jeff ...Iraq is looking really good. Everything's moving in the right direction...nothing in Iraq is speeding this up. Everything is moving at the same model speed it always has. Iraq has had a set date since early last year in '19. Nothing's going to speed this up or make it move faster. The whole challenge with the prime minister was just a coincidence. Over the weekend someone had jumped in and stated that once the PM comes in that will probably speed up the timing of rate change and wrap this thing up in 30 days after the PM...none of that is accurate...they've go a set calendar date. It's most likely a fiscal year so that would put them right on par with Kuwait.
2-3-2020 Newshound/Intel Guru BGG [reference sandyf post 2-2-2020] We have published the facts (with News based sources) regarding this scenario for a long time. Regarding the IQD, the correct terminology is “A CHANGE IN VALUE – or APPRECIATION”, particularly when the IQD is referred to (almost universally) as GROSSLY UNDERVALUED.
2-3-2020 Intel Guru MarkZ ...I spoke to folks all over and yes, they do believe this is our week …. I am sure you are as tired of hearing that as I am of saying it. But recently because I know we are so close I have had a peace settle into me…. I am no longer looking for it minute to minute because I know it’s going to happen. I feel really good about it. As for Redemption centers…they are back at work today...There is a lot of news happening this week. In Iraq…new Prime Minister and lots of talk about the budget…
2-3-2020 Newshound Guru Jeff ...Over the weekend they came out saying that Allawi the new PM might try to get his government formed within approximately 3 weeks. Another article came out saying they were going to open the path to reform and that's great news but the good thing...is they're talking in circles...they're just repeating all of the same information that they have. Clear since last year, reforms, reconstruction and the end result...they're waiting on the rate change. That's why they just keep repeating themselves talking in circles...they're showing you everything's waiting on the rate change including the approval process of the budget. We're looking good. Everything's moving in the right direction...
2-3-2020 Intel Guru Footforward [...Any thoughts on the dong?] I don't have dong. My opinion is the dinar will be far and away be the big winner. The issue hasn't ever been the laws or Iraq's government. They have long since finished the things that need to happen for the RV. It just needs to be activated. IMO.
2-3-2020 Newshound Guru Adam Montana [...I still would have preferred the other Allawi...] Agreed on the Allawi we got, but it is what it is and I don’t care who gets the job done as long as it gets done! Whether we see an RV this week or not, I’m very solid that we are going to have a much clearer picture over the next few days.
2-3-2020 Intel Guru Frank26 ...If we exchange at American banks do the dinars go to the United States Treasury? ...If you go to an American bank, yes. Let's say you you live in North western United States and you go to Key Bank and you exchange your dinar. Key Bank then gives you American currency electronic or physical then they take those dinars and they send those dinars to the US Treasury... Let's say...you happen to go into a bank that represents the CBI here in America and you exchange them. What is that bank gonna do? That bank even though it follows American banking laws has the ability to send that currency back to the CBI...they get their spread (profit) another way...
2-3-2020 Newshound Guru Jeff ...Iraq is looking really good. Everything's moving in the right direction...nothing in Iraq is speeding this up. Everything is moving at the same model speed it always has. Iraq has had a set date since early last year in '19. Nothing's going to speed this up or make it move faster. The whole challenge with the prime minister was just a coincidence. Over the weekend someone had jumped in and stated that once the PM comes in that will probably speed up the timing of rate change and wrap this thing up in 30 days after the PM...none of that is accurate...they've go a set calendar date. It's most likely a fiscal year so that would put them right on par with Kuwait.
2-3-2020 Newshound/Intel Guru BGG [reference sandyf post 2-2-2020] We have published the facts (with News based sources) regarding this scenario for a long time. Regarding the IQD, the correct terminology is “A CHANGE IN VALUE – or APPRECIATION”, particularly when the IQD is referred to (almost universally) as GROSSLY UNDERVALUED.
2-2-2020 Intel Guru Frank26 Question "Now that a progressive Prime Minister has been named and his cabinet apparently set what is the time-frame for the RI in your opinion?" I don't know but inside that thirty days that he has to pick his new cabinet that's what we're hoping. That the baton will be passed from the CBI to the GOI. It would be an opportune time cause you would have the GOI physically ready to accept the new rate. The new currency...
2-2-2020 Newshound Guru Adam Montana Those things are simple: 1. Something, anything, to immediately show that he is "anti-Iran"...and 2. Something, anything, to immediately show that he is anti-status-quo and anti-Maliki. These things are easy! And they can be accomplished this week. If he does these things, the protests will subside, and we are fast tracking. THIS WEEK, my friends! We are either going to see an RV or we are going to have a very solid picture of the actual "when", and I see it happening quick. I don't care if it's a penny, a dime, a dollar, or a full RI - we're looking at some good stuff. [post 2 of 2]
2-2-2020 Newshound Guru Adam Montana ...as of yesterday, Iraq has a new Prime Minister..."Mohammed Tawfik Allawi"...There is talk about protests continuing due to his appointment, but I'm leaning towards "fake news" on that one. It would not surprise me at all to learn that the "protests" being referenced are paid for by Iranian or Malikian sources...If this new PM Allawi shows immediate action on two items, we are on the fastest track to an RV we could hope for. [post 1 of 2....stay tuned]
2-2-2020 Intel Guru Footforward You don't need to worry about who the next PM will be in Iraq. Why? Iran isn't controlling Iraq anymore. Trump and Kushner are...IMO... Things will not look all perfect in Iraq before the RV. It matters less who the PM is and more so that Iran's proxies are dealt with. The proxies ARE being dealt with.
2-2-2020 Intel Guru Frank26 Do we have a new prime minister today? Oh, yes! ...Isn't that the guy they [the protesters] wanted? ...it's confusing...they all have the common cause, they don't want Iran...I don't really care who they pick...what if this is the guy that maybe is being put into this position as intern mainly just to fill in the spot so that nobody votes for him in the first place...the real guy we want we'll make sure he gets put in through a vote...the key thing is we have a Prime Minister...
2-2-2020 Newshound Guru Kaperoni A new PM is a good thing, but only a first step. Could still be weeks, months before conditions are right to begin reforms and the creation of a market/private sector. ...Much work to be done. Need a cabinet, laws, stability and an acceptable environment for investors.
2-2-2020 Intel/Newshound Guru sandyf [Kuwait tried to work with Iraq on how they RI'd their currency in 1991 but left on deaf eyes. Kuwait's currency went from 0.05 usd to 3.48 usd.] That is a dinarland myth. During the occupation the national currency of Kuwait was the IQD...the KWD was unrecognized and the currency had no value. The IQD has always been the national currency of Iraq and as such cannot possibly be reinstated. Some try and claim the value would be reinstated, more rubbish, that would be a revaluation.
2-2-2020 Newshound Guru Adam Montana Those things are simple: 1. Something, anything, to immediately show that he is "anti-Iran"...and 2. Something, anything, to immediately show that he is anti-status-quo and anti-Maliki. These things are easy! And they can be accomplished this week. If he does these things, the protests will subside, and we are fast tracking. THIS WEEK, my friends! We are either going to see an RV or we are going to have a very solid picture of the actual "when", and I see it happening quick. I don't care if it's a penny, a dime, a dollar, or a full RI - we're looking at some good stuff. [post 2 of 2]
2-2-2020 Newshound Guru Adam Montana ...as of yesterday, Iraq has a new Prime Minister..."Mohammed Tawfik Allawi"...There is talk about protests continuing due to his appointment, but I'm leaning towards "fake news" on that one. It would not surprise me at all to learn that the "protests" being referenced are paid for by Iranian or Malikian sources...If this new PM Allawi shows immediate action on two items, we are on the fastest track to an RV we could hope for. [post 1 of 2....stay tuned]
2-2-2020 Intel Guru Footforward You don't need to worry about who the next PM will be in Iraq. Why? Iran isn't controlling Iraq anymore. Trump and Kushner are...IMO... Things will not look all perfect in Iraq before the RV. It matters less who the PM is and more so that Iran's proxies are dealt with. The proxies ARE being dealt with.
2-2-2020 Intel Guru Frank26 Do we have a new prime minister today? Oh, yes! ...Isn't that the guy they [the protesters] wanted? ...it's confusing...they all have the common cause, they don't want Iran...I don't really care who they pick...what if this is the guy that maybe is being put into this position as intern mainly just to fill in the spot so that nobody votes for him in the first place...the real guy we want we'll make sure he gets put in through a vote...the key thing is we have a Prime Minister...
2-2-2020 Newshound Guru Kaperoni A new PM is a good thing, but only a first step. Could still be weeks, months before conditions are right to begin reforms and the creation of a market/private sector. ...Much work to be done. Need a cabinet, laws, stability and an acceptable environment for investors.
2-2-2020 Intel/Newshound Guru sandyf [Kuwait tried to work with Iraq on how they RI'd their currency in 1991 but left on deaf eyes. Kuwait's currency went from 0.05 usd to 3.48 usd.] That is a dinarland myth. During the occupation the national currency of Kuwait was the IQD...the KWD was unrecognized and the currency had no value. The IQD has always been the national currency of Iraq and as such cannot possibly be reinstated. Some try and claim the value would be reinstated, more rubbish, that would be a revaluation.
2-2-2020 **** Dinar Guru News Flash **** It's "official" - Iraq has a new Prime Minister. Mohammad Allawi. He is an interim prime minister and is expected to serve until new elections are held. It's unclear if new PM Allawi will stick. Many of the protester have rejected his nomination. He comes with a mixed political history. He was Maliki's communications minister BUT he resigned claiming corruption in Maliki's government. Some gurus feel he is a good compromise choice - he's someone the pro-Iranian government official can accept and he's someone the protestors can believe will support Iraq and not Iran. Many gurus felt the dinar reform could not more forward without a new prime minister in place. Stay tuned as this story unfolds! The latest Guru posts will continue below...
2-1-2020 Intel Guru Delta Article: "Tawfiq Allawi thanks Saleh for assigning him to form a government and pledges to prepare for early elections" IT'S A DONE DEAL IT'S ALL OVER THE NEWS IN IRAQ...THE PM THAT WAS ELECTED WILL BE IN POWER UNTIL THE NEXT ELECTION. AND NO...WE DON'T HAVE TO WAIT UNTIL THE NEXT ELECTION TO MR. (Monetary Reform) THE CBI IS MOVING FORWARD AND THEY CAN'T GO BACK IT'S A ONE WAY STREET NOW. IMO THEY HAVE A DATE SET. ...THE CBI TOLD US...THEY MADE THEIR MIND AND THEY ARE MOVING FORWARD NO MATTER WHAT AND THAT IS FACT NOT OPINION! ...PM IS AN IMPORTANT FACTOR...BUT CBI CAN'T HOLD IT THAT LONG ANYMORE...
2-1-2020 Newshound Guru Chattels "In Iraq, Mohammed Allawi official nominee to be next PM after political blocs reach agreement." It would appear that these reports confirm Allawi as the PM designate. Allawi will propose Ministers and he with them must be "elected" by the Parliament individually. Remember Allawi may only be the interim PM until the new elections. Allawi's nominees for ministry position will be as interim with his government.
2-1-2020 Newshound/Intel Guru Mnt Goat Article quote: "An informed political source revealed, on Saturday, the political blocs agree on assigning candidate Mohammed Allawi to head the government this afternoon. The source said to "Al-Alkhbaria" that "the political blocs agreed to name Muhammad Tawfig Allawi as prime minister after the approval of all parties."
2-1-2020 Newshound Guru Kaperoni The Iraqi president has chosen a new prime minister to form a government... Muhammad Tawfiq Allawi. Hope this one holds and everyone can agree.
2-1-2020 Newshound Guru MilitiaMan ...videos...showed the money being destroyed and them having been given orders to complete the Monetary Reforms, all support that we are waiting on the CBI to show they exchange rate...they have no choice but to follow the orders and imo from the totality of it all they are following the orders to full the wants of the citizens...So, let see what they CBI drags in... [post 3 of 3]
2-1-2020 Newshound Guru MilitiaMan ...the GOI is hiding something. So is the CBI. They are hiding the 2019 Financial Management Law Amendment that needs to precede the 2020 budget law and the new small category notes with fils. The CBI has the ability to hide things for sensitive reasons. A large move in an exchange rate would need to be on the hush hush side of things. Hence the exchange rate was hidden all this time. The CBI statistical pattern changes support that view. What else support they are not playing ball with a program rate...Is, they destroyed good quality notes in massive quantities, they spent $190 billion to print new notes and coins (fils) and they are said to be delivered to banks now. [post 2 of 3....stay tuned]
2-1-2020 Newshound Guru MilitiaMan Article: "Al-Tamimi: The government completed the budget before it resigned, and we do not know why it was not sent" Quote: "the government could have sent the 2020 budget in mid-October last year," stating that "the government completed the budget before announcing its resignation, so what is the secret that prompted the government to refrain from sending the project?" Al Tamimi states that the 2020 budget law has apparently been hidden since October 2019...since then, the 2019 Financial management Law Amendment has not been shown...As that would expose the new international exchange rate. ...To hide the data is for a reason. That reason is not for Iraq to be at a program rate. Just as Dr. Shabibi has imo suggested that they can not give it to parliament as they would leak it. Hiding it until appropriate is evidently what they had in mind and did. [post 1 of 3....stay tuned]
2-1-2020 Newshound Guru Kaperoni Until they get a new prime minister, a cabinet, and get things back on track there will be no currency reform. Iraq still needs to pass laws, implement those laws and create the conditions investors are looking for to rebuild the country.
2-1-2020 Newshound Guru Jeff ...when Iraq had their internal differences typically a representative inside the U.S. Embassy in Iraq would meet with them. Coach them...help them resolve their political differences...after Mahdi resigned at the beginning of December just roughly a week later Salih flew to Washington to meet with Trump...Approximately 24 days later they amended the election law...and then they amended the Financial Management Law...remember this is a classified event. That's why they have to mislead us and make Iraq look more unstable than it really is. IMO I firmly believe the formation of the government is complete...the budget and everything in Iraq right now is waiting on the rate change. That has to happen first, then everything else including the budget can start...
2-1-2020 Newshound Guru Chattels "In Iraq, Mohammed Allawi official nominee to be next PM after political blocs reach agreement." It would appear that these reports confirm Allawi as the PM designate. Allawi will propose Ministers and he with them must be "elected" by the Parliament individually. Remember Allawi may only be the interim PM until the new elections. Allawi's nominees for ministry position will be as interim with his government.
2-1-2020 Newshound/Intel Guru Mnt Goat Article quote: "An informed political source revealed, on Saturday, the political blocs agree on assigning candidate Mohammed Allawi to head the government this afternoon. The source said to "Al-Alkhbaria" that "the political blocs agreed to name Muhammad Tawfig Allawi as prime minister after the approval of all parties."
2-1-2020 Newshound Guru Kaperoni The Iraqi president has chosen a new prime minister to form a government... Muhammad Tawfiq Allawi. Hope this one holds and everyone can agree.
2-1-2020 Newshound Guru MilitiaMan ...videos...showed the money being destroyed and them having been given orders to complete the Monetary Reforms, all support that we are waiting on the CBI to show they exchange rate...they have no choice but to follow the orders and imo from the totality of it all they are following the orders to full the wants of the citizens...So, let see what they CBI drags in... [post 3 of 3]
2-1-2020 Newshound Guru MilitiaMan ...the GOI is hiding something. So is the CBI. They are hiding the 2019 Financial Management Law Amendment that needs to precede the 2020 budget law and the new small category notes with fils. The CBI has the ability to hide things for sensitive reasons. A large move in an exchange rate would need to be on the hush hush side of things. Hence the exchange rate was hidden all this time. The CBI statistical pattern changes support that view. What else support they are not playing ball with a program rate...Is, they destroyed good quality notes in massive quantities, they spent $190 billion to print new notes and coins (fils) and they are said to be delivered to banks now. [post 2 of 3....stay tuned]
2-1-2020 Newshound Guru MilitiaMan Article: "Al-Tamimi: The government completed the budget before it resigned, and we do not know why it was not sent" Quote: "the government could have sent the 2020 budget in mid-October last year," stating that "the government completed the budget before announcing its resignation, so what is the secret that prompted the government to refrain from sending the project?" Al Tamimi states that the 2020 budget law has apparently been hidden since October 2019...since then, the 2019 Financial management Law Amendment has not been shown...As that would expose the new international exchange rate. ...To hide the data is for a reason. That reason is not for Iraq to be at a program rate. Just as Dr. Shabibi has imo suggested that they can not give it to parliament as they would leak it. Hiding it until appropriate is evidently what they had in mind and did. [post 1 of 3....stay tuned]
2-1-2020 Newshound Guru Kaperoni Until they get a new prime minister, a cabinet, and get things back on track there will be no currency reform. Iraq still needs to pass laws, implement those laws and create the conditions investors are looking for to rebuild the country.
2-1-2020 Newshound Guru Jeff ...when Iraq had their internal differences typically a representative inside the U.S. Embassy in Iraq would meet with them. Coach them...help them resolve their political differences...after Mahdi resigned at the beginning of December just roughly a week later Salih flew to Washington to meet with Trump...Approximately 24 days later they amended the election law...and then they amended the Financial Management Law...remember this is a classified event. That's why they have to mislead us and make Iraq look more unstable than it really is. IMO I firmly believe the formation of the government is complete...the budget and everything in Iraq right now is waiting on the rate change. That has to happen first, then everything else including the budget can start...
1-31-20 20 Intel Guru Frank26 ...IMO when they give you the Prime Minister somewhere in that ballpark range of 30 days I believe they are going to release the new rate and new small category notes...the prime minister that the citizens want will be granted to them IMO by the United States of America at a specific time where that time-frame we believe they will release the new rate and the new currency...
1-31-2020 Intel Guru Bruce [via Wiser Now] ...Now, there are so many different aspects of this – this is definitely a moving target... But we also know that things are happening to make all of this to come together for us behind the scenes...Well, I think that even though I would like to get this thing over night or Saturday early morning the best information we’re getting from our bank sources – is pointing more toward Monday for toll free numbers...we could possibly start Monday afternoon ...Some people put out the possibility of a toll free number...to come out during the super bowl...I do not agree with that possibility - if it happens... SUPER...this weekend could be a really interesting weekend...
1-31-2020 Intel Guru AdminBill [via PDK] THERE IS EVERY REASON TO BELIEVE THAT FEBRUARY WILL BE A GOOD MONTH FOR CURRENCY HOLDERS...
1-31-2020 Newshound Guru Jeff Article Quote "The budget bill is compete and will be sent immediately to the parliament after the formation of the new government" ...that's great news because that's just telling us everything...demonstrators demands, article 140, HCL, the budget everything with the country of Iraq is very clearly waiting on the rate change...
1-31-2020 Newshound Guru Kaperoni ...guru Jeff says Iraq cant do a damn thing until their is a rate change. ...Of course the can and will...
1-31-2020 Intel Guru MarkZ [via PDK] Here we are at Jan 31st, and it always irritates me that they let another month slip by...My redemption center folks will be on call all weekend. [We hear from other gurus that give their opinion but why doesn’t anybody ever hear from bank personnel, exchange center people, people in Iraq...?] ...because most of them are under very strict NDA's.
1-31-2020 Newshound Guru Jeff ...the 2020 budget can only be implemented at the start of a fiscal year...they're most likely transitioning to a new fiscal year which will most likely start on April 1st...April 1st through the end of March in the 1970's was Iraq's fiscal year which is identical to Kuwait's fiscal year today. That's why Kuwait had changed the [their] rate towards the end of March...there are no delays. There are no holdups. If you want to say there's a delay or hold up you know what it is? It's called the rate change...Iraq can't do a damn thing until that rate change. They can't even start the approval process of the budget until the rate changes...more factual evidence supports Q1...Iraq is walking in Kuwait's footsteps...
1-31-2020 Newshound Guru Chattels It is Holy Day in Iraq. Not a lot of news today. Tomorrow could be a watershed day in the history of Iraq. Can Iraq's competing factions decide upon a Prime Minister for all? The prospects and opportunity over time for good government are not without limits. Iraq is running out of time, IMO.
1-31-2020 Newshound/Intel Guru Mnt Goat Article: Reuters Thu Apr 12, 2012 "IRAQ HALTS PLANS TO CUT ZEROS OFF DINAR CURRENCY-CABINET" Quote: "...a statement on the website of the cabinet secretary said THE CABINET HAD DECIDED TO HALT ALL PROCEDURES RELATING TO THE REDENOMINATION OF THE DINAR "UNTIL FURTHER NOTICE". So why is this old article from 2012 important? It is important because...it shows us they do plan to delete the zeros and redenominate the currency and so this is real not just a get rich quick scheme or scam.
1-31-2020 Intel Guru Bruce [via Wiser Now] ...Now, there are so many different aspects of this – this is definitely a moving target... But we also know that things are happening to make all of this to come together for us behind the scenes...Well, I think that even though I would like to get this thing over night or Saturday early morning the best information we’re getting from our bank sources – is pointing more toward Monday for toll free numbers...we could possibly start Monday afternoon ...Some people put out the possibility of a toll free number...to come out during the super bowl...I do not agree with that possibility - if it happens... SUPER...this weekend could be a really interesting weekend...
1-31-2020 Intel Guru AdminBill [via PDK] THERE IS EVERY REASON TO BELIEVE THAT FEBRUARY WILL BE A GOOD MONTH FOR CURRENCY HOLDERS...
1-31-2020 Newshound Guru Jeff Article Quote "The budget bill is compete and will be sent immediately to the parliament after the formation of the new government" ...that's great news because that's just telling us everything...demonstrators demands, article 140, HCL, the budget everything with the country of Iraq is very clearly waiting on the rate change...
1-31-2020 Newshound Guru Kaperoni ...guru Jeff says Iraq cant do a damn thing until their is a rate change. ...Of course the can and will...
1-31-2020 Intel Guru MarkZ [via PDK] Here we are at Jan 31st, and it always irritates me that they let another month slip by...My redemption center folks will be on call all weekend. [We hear from other gurus that give their opinion but why doesn’t anybody ever hear from bank personnel, exchange center people, people in Iraq...?] ...because most of them are under very strict NDA's.
1-31-2020 Newshound Guru Jeff ...the 2020 budget can only be implemented at the start of a fiscal year...they're most likely transitioning to a new fiscal year which will most likely start on April 1st...April 1st through the end of March in the 1970's was Iraq's fiscal year which is identical to Kuwait's fiscal year today. That's why Kuwait had changed the [their] rate towards the end of March...there are no delays. There are no holdups. If you want to say there's a delay or hold up you know what it is? It's called the rate change...Iraq can't do a damn thing until that rate change. They can't even start the approval process of the budget until the rate changes...more factual evidence supports Q1...Iraq is walking in Kuwait's footsteps...
1-31-2020 Newshound Guru Chattels It is Holy Day in Iraq. Not a lot of news today. Tomorrow could be a watershed day in the history of Iraq. Can Iraq's competing factions decide upon a Prime Minister for all? The prospects and opportunity over time for good government are not without limits. Iraq is running out of time, IMO.
1-31-2020 Newshound/Intel Guru Mnt Goat Article: Reuters Thu Apr 12, 2012 "IRAQ HALTS PLANS TO CUT ZEROS OFF DINAR CURRENCY-CABINET" Quote: "...a statement on the website of the cabinet secretary said THE CABINET HAD DECIDED TO HALT ALL PROCEDURES RELATING TO THE REDENOMINATION OF THE DINAR "UNTIL FURTHER NOTICE". So why is this old article from 2012 important? It is important because...it shows us they do plan to delete the zeros and redenominate the currency and so this is real not just a get rich quick scheme or scam.
1-30-2020 Intel Guru Footforward Article quote: "Sairoon & Fatah Coalitions agree on nomination of Mohammed Allawi as next PM." Mohamed is the guy we want...Alot of news going around. I do expect Allawi to be the next PM. [Did you think will see dr. Shabibi involved in the new government?] I sure hope so but it doesn't look like it at the moment. But that can change. They may make him the finance minister.
1-30-2020 Newshound/Intel Guru Mnt Goat So how can Iraq fix this mess? They MUST select a new prime minister that is pro-Iraqi and not go along with this plan to block the project to delete the zeros and redenominate the currency (currency reform) by Iran anymore...At this junction in Iraq this currency reform is a critical reform...needed NOW if Iraq is to move ahead with reconstruction and attracting investors. It is needed even for the deal with China and don’t forget the same sort of deal is also on the table with the US. ... So the protestors have been told by the CBI this demand is coming shortly and would have already happened if not for this mess... So how long will the protestors wait for this demand to happen? ...There is still a ton of gold at the end of the rainbow for us but we just have to wait until the storm is over... [post 2 of 2]
1-30-2020 Newshound/Intel Guru Mnt Goat ...in April 2012 the currency auctions has increased daily from 150 million to 400 million and the money was being funneled to Syria and Iran. Today we know that in 2019 alone nearly $40 billion dollars was stolen out of the CBI this way. So, the corruption with the currency auctions had already begun even back in 2012 and has been ongoing since. So could this be why Maliki wanted to halt the redenomination Dr Shabibi was moving ahead with? Shabibi's plans to redenominate would have stopped the currency auctions and ended this "piggy bank" for Iran and Syria. ...Fast forward to today 2020. Could this be why Iran insists on having a pro-Iranian prime minister? Could this be why the CBI is deadly afraid of conducting the redenomination without the FULL support of the GOI and the prime minister?... [post 1 of 2....stay tuned]
1-30-2020 Newshound Guru Adam Montana Article: "Iran cannot access $5 billion of its energy money in Iraq: Official" Quote: "Iran’s money from exports of gas and electricity has piled up to $5 billion in a bank account in Iraq, but Tehran cannot transfer it because of the US sanctions, an official says." US sanctions are starting to play a huuuuuuuuge role in separating Iran and Iraq. Anyone who thinks we don't have a hand in this is simply not looking at the whole picture.
1-30-2020 Intel Guru MarkZ Very little news last night…Zurich is still waiting…sitting in a conference room waiting on the release. I am looking for things to start happening in the next 2 days.
1-30-2020 Newshound Guru Jeff ...What is the deficit? They told us in the news it's simply the reforms which is the number one thing the demonstrators are requesting and seeking...the demonstrators want the reforms. The reforms are the deficit within the budget. That's post rate change...you have a lot of post rate change steps in the 2020 budget proving to you that the 2020 budget is married to the rate change and can only happen after the rate has changed. That's why they're delaying this 2020 budget. They said they're delaying the budget due to the formation of the government but that's a complete lie...they're trying to use formation of the government as an excuse or scapegoat...they can't tell you everything...in reality they can't approve the budget until after the rate change...
1-30-2020 Intel Guru Frank26 ...Allaq IMO was scheduled by the CBI to announce to the citizens the new category notes, the descriptions of them, the exchange rate, the reason for the removal of the 3 zeros, everything. But every weekend there seems to be something that stops it. IMO right now the CBI is huddling up with all its banks. And everything Allaq was about to release is what they are reviewing and going over. They know everything they want to do. Ironically the only thing they don't know is a date.
1-30-2020 Newshound/Intel Guru Mnt Goat So how can Iraq fix this mess? They MUST select a new prime minister that is pro-Iraqi and not go along with this plan to block the project to delete the zeros and redenominate the currency (currency reform) by Iran anymore...At this junction in Iraq this currency reform is a critical reform...needed NOW if Iraq is to move ahead with reconstruction and attracting investors. It is needed even for the deal with China and don’t forget the same sort of deal is also on the table with the US. ... So the protestors have been told by the CBI this demand is coming shortly and would have already happened if not for this mess... So how long will the protestors wait for this demand to happen? ...There is still a ton of gold at the end of the rainbow for us but we just have to wait until the storm is over... [post 2 of 2]
1-30-2020 Newshound/Intel Guru Mnt Goat ...in April 2012 the currency auctions has increased daily from 150 million to 400 million and the money was being funneled to Syria and Iran. Today we know that in 2019 alone nearly $40 billion dollars was stolen out of the CBI this way. So, the corruption with the currency auctions had already begun even back in 2012 and has been ongoing since. So could this be why Maliki wanted to halt the redenomination Dr Shabibi was moving ahead with? Shabibi's plans to redenominate would have stopped the currency auctions and ended this "piggy bank" for Iran and Syria. ...Fast forward to today 2020. Could this be why Iran insists on having a pro-Iranian prime minister? Could this be why the CBI is deadly afraid of conducting the redenomination without the FULL support of the GOI and the prime minister?... [post 1 of 2....stay tuned]
1-30-2020 Newshound Guru Adam Montana Article: "Iran cannot access $5 billion of its energy money in Iraq: Official" Quote: "Iran’s money from exports of gas and electricity has piled up to $5 billion in a bank account in Iraq, but Tehran cannot transfer it because of the US sanctions, an official says." US sanctions are starting to play a huuuuuuuuge role in separating Iran and Iraq. Anyone who thinks we don't have a hand in this is simply not looking at the whole picture.
1-30-2020 Intel Guru MarkZ Very little news last night…Zurich is still waiting…sitting in a conference room waiting on the release. I am looking for things to start happening in the next 2 days.
1-30-2020 Newshound Guru Jeff ...What is the deficit? They told us in the news it's simply the reforms which is the number one thing the demonstrators are requesting and seeking...the demonstrators want the reforms. The reforms are the deficit within the budget. That's post rate change...you have a lot of post rate change steps in the 2020 budget proving to you that the 2020 budget is married to the rate change and can only happen after the rate has changed. That's why they're delaying this 2020 budget. They said they're delaying the budget due to the formation of the government but that's a complete lie...they're trying to use formation of the government as an excuse or scapegoat...they can't tell you everything...in reality they can't approve the budget until after the rate change...
1-30-2020 Intel Guru Frank26 ...Allaq IMO was scheduled by the CBI to announce to the citizens the new category notes, the descriptions of them, the exchange rate, the reason for the removal of the 3 zeros, everything. But every weekend there seems to be something that stops it. IMO right now the CBI is huddling up with all its banks. And everything Allaq was about to release is what they are reviewing and going over. They know everything they want to do. Ironically the only thing they don't know is a date.
1-29-2020 Intel Guru MarkZ [via PDK] I am hearing the [Dong] rate will come out at .47 and float up…Its already traded and I really think it will be the “sleeper” in the GCR…low cost and potentially great return.
1-29-2020 Newshound Guru Jeff Article: "Parliament Finance: The draft budget law will be sent by the Council of Ministers on April" ...why is it important to know what's going on with the budget? The country of Iraq has never approved a budget this late before. Every year for the last 11 or 10 years they've typically had the budget done...and...passed the budget off to Parliament by December...they typically finish February to March. This is the first time in their history that in 11 years that I've actually ever seen them delay a budget until April. That's very significant. IMO that's telling us they are waiting until after the rate change. Remember the budget itself will not contain a rate but it's pegged to the rate. That's why they have to wait...
1-29-2020 Newshound Guru Adam Montana I don't have an RV date to give you. But I do believe that towards the end of this week, we're going to have a reasonable amount of information to use in making such a prediction. And I also think it's going to be extremely favorable. Time will tell if I'm right...and there are some of you who are going to reap some amazing benefits. [post 3 of 3]
1-29-2020 Newshound Guru Adam Montana The barriers that have kept an RV from happening are being eroded, and quickly. I know, that's not what is in the headlines...but that's what is really going on. Where we are today, then, is on the cusp of some serious change...The facts are right in front of us - we have never seen this kind of change, and it's happening on top of everything else that Iraq has accomplished. Will we see a new Prime Minister this week? Possibly yes! There may be one final attempt to slip in someone with Iranian backing, but that will fall on it's face, and my prediction is that the people are going to get what they want. As that happens, Iran's grip on Iraq is going to be severely weakened, and things are going to happen. Fast. [post 2 of 3....stay tuned]
1-29-2020 Newshound Guru Adam Montana The big news going on right now in Iraq is the impending selection of a Prime Minister. Over the years, we have witnessed a series of Iraqi politicians that were really Iranian puppets...they were not looking out for Iraq. As of last October, there has been a major shift in Iraq. The people protested, rioted, and demanded change. The face of their demands was simply to improve their lives, but the heart of the matter comes down to removing the Iranian factors. This is the main reason there is no Prime Minister in the place of Mahdi already. ...between the Iraqi's recent protests, and a bit of US and other outside influences, the Iranian factor is being whittled down. [post 1 of 3....stay tuned]
1-29-2020 Intel Guru Bruce [via WiserNow] Now all redemption staff...are on a 45 minute readiness program...they are to be in the bank...ready to go... We know that in the past few days that there have been exchanges by VIP’s internationally in other countries...we know that people as late as today are being asked by some foreign countries to exchange their Dong – at a reasonable front screen rate...we do know that things are looking very good for us...everything is poised for this thing to go down... I feel like with what I’ve heard between the weekend and today and where I think we’re going this week and the time frames that I’ve been given so far – I feel very good about where we are and where we’re going... “It’s Coming” and It’s Coming Sooner Than We think”...
1-29-2020 Intel Guru MarkZ [via PDK] My Zurich and Hong Kong folks think it’s happening now...they are absolutely convinced they will have spendable cash this week. My Iraqi contacts still believe it’s very “soon”...the banking side is very “keyed up”. They need to be in place when this goes. They need to be there immediately. My contacts at the redemption centers are also wealth managers…they have 2 jobs and are paid by the bank. I have folks from Interpol to diplomatic corps…all over and at the upper levels of banking echelons and governments all over that this is no secret...that we are in the middle of a Global Currency Reset. I don’t know if they could set a hard date because this is such a fluid thing. I do believe we are very close...I really hope my bankers are right...
1-29-2020 Newshound Guru Jeff ...during the next few days or by Friday they're saying that they should be decided on a prime minister...
1-29-2020 Newshound/Intel Guru Mnt Goat Article: "TRADE BANK OF IRAQ IS EXPECTED TO STOP PROCESSING PAYMENTS TO IRAN" ...the goal of the US is to STOP all payments to Iran. This is part of corruption elimination and this is going to move ahead yet even more as they uncover the extent of all this Iranian corruption. Where is all the much-needed Iraqi reconstruction money going? Why does the 2020 budget have to have a deficit? ...I keep telling everyone that Iraq is filthy rich with oil revenue money however it’s a free for all for the taking. Corruption is so rapid.
1-29-2020 Intel Guru Footforward Article quote: "Najaf Governorate sit-in announced that the President of the Republic and the Iraqi parliament have been given a specific deadline to implement a number of demands." This would include a new PM :)
1-29-2020 Newshound Guru Jeff Article: "Parliament Finance: The draft budget law will be sent by the Council of Ministers on April" ...why is it important to know what's going on with the budget? The country of Iraq has never approved a budget this late before. Every year for the last 11 or 10 years they've typically had the budget done...and...passed the budget off to Parliament by December...they typically finish February to March. This is the first time in their history that in 11 years that I've actually ever seen them delay a budget until April. That's very significant. IMO that's telling us they are waiting until after the rate change. Remember the budget itself will not contain a rate but it's pegged to the rate. That's why they have to wait...
1-29-2020 Newshound Guru Adam Montana I don't have an RV date to give you. But I do believe that towards the end of this week, we're going to have a reasonable amount of information to use in making such a prediction. And I also think it's going to be extremely favorable. Time will tell if I'm right...and there are some of you who are going to reap some amazing benefits. [post 3 of 3]
1-29-2020 Newshound Guru Adam Montana The barriers that have kept an RV from happening are being eroded, and quickly. I know, that's not what is in the headlines...but that's what is really going on. Where we are today, then, is on the cusp of some serious change...The facts are right in front of us - we have never seen this kind of change, and it's happening on top of everything else that Iraq has accomplished. Will we see a new Prime Minister this week? Possibly yes! There may be one final attempt to slip in someone with Iranian backing, but that will fall on it's face, and my prediction is that the people are going to get what they want. As that happens, Iran's grip on Iraq is going to be severely weakened, and things are going to happen. Fast. [post 2 of 3....stay tuned]
1-29-2020 Newshound Guru Adam Montana The big news going on right now in Iraq is the impending selection of a Prime Minister. Over the years, we have witnessed a series of Iraqi politicians that were really Iranian puppets...they were not looking out for Iraq. As of last October, there has been a major shift in Iraq. The people protested, rioted, and demanded change. The face of their demands was simply to improve their lives, but the heart of the matter comes down to removing the Iranian factors. This is the main reason there is no Prime Minister in the place of Mahdi already. ...between the Iraqi's recent protests, and a bit of US and other outside influences, the Iranian factor is being whittled down. [post 1 of 3....stay tuned]
1-29-2020 Intel Guru Bruce [via WiserNow] Now all redemption staff...are on a 45 minute readiness program...they are to be in the bank...ready to go... We know that in the past few days that there have been exchanges by VIP’s internationally in other countries...we know that people as late as today are being asked by some foreign countries to exchange their Dong – at a reasonable front screen rate...we do know that things are looking very good for us...everything is poised for this thing to go down... I feel like with what I’ve heard between the weekend and today and where I think we’re going this week and the time frames that I’ve been given so far – I feel very good about where we are and where we’re going... “It’s Coming” and It’s Coming Sooner Than We think”...
1-29-2020 Intel Guru MarkZ [via PDK] My Zurich and Hong Kong folks think it’s happening now...they are absolutely convinced they will have spendable cash this week. My Iraqi contacts still believe it’s very “soon”...the banking side is very “keyed up”. They need to be in place when this goes. They need to be there immediately. My contacts at the redemption centers are also wealth managers…they have 2 jobs and are paid by the bank. I have folks from Interpol to diplomatic corps…all over and at the upper levels of banking echelons and governments all over that this is no secret...that we are in the middle of a Global Currency Reset. I don’t know if they could set a hard date because this is such a fluid thing. I do believe we are very close...I really hope my bankers are right...
1-29-2020 Newshound Guru Jeff ...during the next few days or by Friday they're saying that they should be decided on a prime minister...
1-29-2020 Newshound/Intel Guru Mnt Goat Article: "TRADE BANK OF IRAQ IS EXPECTED TO STOP PROCESSING PAYMENTS TO IRAN" ...the goal of the US is to STOP all payments to Iran. This is part of corruption elimination and this is going to move ahead yet even more as they uncover the extent of all this Iranian corruption. Where is all the much-needed Iraqi reconstruction money going? Why does the 2020 budget have to have a deficit? ...I keep telling everyone that Iraq is filthy rich with oil revenue money however it’s a free for all for the taking. Corruption is so rapid.
1-29-2020 Intel Guru Footforward Article quote: "Najaf Governorate sit-in announced that the President of the Republic and the Iraqi parliament have been given a specific deadline to implement a number of demands." This would include a new PM :)
1-28-2020 Newshound Guru MilitiaMan They haven't shown us the rate yet from the 2019 FMLA. The rate precedes the 2020 budget,just as the NSNs will need a rate and just as there is no need imo for the new PM. There will still be future elections to contend with and an on going concern, which are mostly unrelated directly daily goings of the CBI. They sorted their game plan already. Now we wait and see if the CBI reports accordingly 01/01/2020 - 01/31/2020 without a program rate attached to it... [post 2 of 2]
1-28-2020 Newshound Guru MilitiaMan We imo don't care about the 2020 budget, we/I care about the 2019 Financial Management Law Amendment that was passed and voted through under a residing and legal Prime Minister, just as was the 2020 Budget Law was two days prior to the PM ever resigning. All legal and legit. The 2020 budget has the ability to adjust over months at 1/12th the budget, while they get the new rate sorted out. That is why imo the law was done accordingly and hidden to a large degree. [post 1 of 2....stay tuned]
1-28-2020 Intel Guru MarkZ Reno sources have been dead quiet and I have not been able to get in touch with 2 of my contacts in Iraq. So no news from my guys in Iraq. My Zurich folks expected something to break loose about noon their time…its past that now but they are still expectant...They are pretty confident they are about to see something because they had been given a schedule for the week which involves them being very busy. I am very positive and expectant for this week.
1-28-2020 Newshound/Intel Guru Mnt Goat ...Why is Iran making all this trouble via their militias? They are doing it because they know their days are numbered and it is their last desperate attempt to remain in politics and have influence in Iraq. Basically, they want to control Iraq. They want to make Iraq a puppet state of Tehran. ...These Iranian militias have to be dealt with or we will never see peace in Iraq and never get the stability we need for an RV...The dream of a prosperous and abundant Iraq will never happen.
1-28-2020 Newshound Guru Kaperoni An interesting opinion piece came out a few weeks ago discussing what would happen if the US left Iraq. What caught my attention was the reference to floating the currency. Why would this be a topic unless this was the plan?
1-28-2020 Newshound/Intel Guru tman23 YOUSSFAD ALI TARIK HAKEM .... is name being floated in the inner circles as PM ... a business scholar with deep western ties ... an excellent anti Iranian choice which means Sadr is not in favor.
1-28-2020 Newshound Guru MilitiaMan We imo don't care about the 2020 budget, we/I care about the 2019 Financial Management Law Amendment that was passed and voted through under a residing and legal Prime Minister, just as was the 2020 Budget Law was two days prior to the PM ever resigning. All legal and legit. The 2020 budget has the ability to adjust over months at 1/12th the budget, while they get the new rate sorted out. That is why imo the law was done accordingly and hidden to a large degree. [post 1 of 2....stay tuned]
1-28-2020 Intel Guru MarkZ Reno sources have been dead quiet and I have not been able to get in touch with 2 of my contacts in Iraq. So no news from my guys in Iraq. My Zurich folks expected something to break loose about noon their time…its past that now but they are still expectant...They are pretty confident they are about to see something because they had been given a schedule for the week which involves them being very busy. I am very positive and expectant for this week.
1-28-2020 Newshound/Intel Guru Mnt Goat ...Why is Iran making all this trouble via their militias? They are doing it because they know their days are numbered and it is their last desperate attempt to remain in politics and have influence in Iraq. Basically, they want to control Iraq. They want to make Iraq a puppet state of Tehran. ...These Iranian militias have to be dealt with or we will never see peace in Iraq and never get the stability we need for an RV...The dream of a prosperous and abundant Iraq will never happen.
1-28-2020 Newshound Guru Kaperoni An interesting opinion piece came out a few weeks ago discussing what would happen if the US left Iraq. What caught my attention was the reference to floating the currency. Why would this be a topic unless this was the plan?
1-28-2020 Newshound/Intel Guru tman23 YOUSSFAD ALI TARIK HAKEM .... is name being floated in the inner circles as PM ... a business scholar with deep western ties ... an excellent anti Iranian choice which means Sadr is not in favor.
1-27-2020 Newshound Guru Breitling ...Let's talk about the information that comes from the CBI - the chart where you see it [the note count] coming down...I don't have access to the CBI but I do have friends that have access to the CBI. Basically their answer was until the CBI corrects that and puts out a statement that's what you live by...what you can count on is the rate is correct. And also when they say they are reducing the note count, they've always reduced the note count. Until the CBI corrects it follow the trend. They've never not followed through on what the trend was...they're reducing the note count. That's it...has the CBI come out and said they've made a huge mistake...no they have not...the overall trend is they are reducing the note count...Iraq's going to revalue their currency...
1-27-2020 Intel Guru Frank26 ...It's my strong opinion that Trump is now taking complete control...
1-27-2020 Intel Guru MarkZ [ I am led to believe we may see something happen about 9AM Reno time today…] ...I am hearing very similar things...I believe a schedule has been set and we will see it at least rolling out this week. I am feeling great about where we are. My Redemption Center folks are at work today and expect to be in all week long. My last contact in Iraq was Saturday night and they are still expecting a new rate at any time. ...we are in such a great spot right now.
1-27-2020 Newshound Guru Jeff ...stop worrying about the formation of the government. Iraq has been approving and amending laws. At the end of December they approved the Election Law or amended it. Just a few weekends ago they amended the Financial Management Law. Iraq has come too far setting the stage to go back now...Timing is critical to them...the current PM Mahdi will just continue to stay in that position for like another 3 months. January, February, March. That means he's in there at least until Q1. They're also saying this week they'll probably put another PM in on Thursday-ish...either way their overall progress is too far along to go back...Iraq's government is fine. The current status of the government will not slow down the rate change...Iraq has enough stability. They've come too far along to stop right now...
1-27-2020 Newshound Guru MilitiaMan Article: "Al-Nassiri: We need a systematic movement for economic reform" No doubt we would like the party to get started and based off the article from Nassirri, it tells us they are doing things and in fact are ready for exactly what we have been waiting for all these years. For instance, the CBI spent about $190 million on nscn's and fils, reduced the note count by 45 trillion real close (See Charts at CBI), have a large deficit noted in the next budget that cannot be filled based of their recent note count reduction...The End of Month is coming soon and they have reporting to do. If they have a significant rate change above a program rate they'll need to announce it ahead of time or real close, as this time it wont be based off a program rate...
1-27-2020 Intel Guru Frank26 ...It's my strong opinion that Trump is now taking complete control...
1-27-2020 Intel Guru MarkZ [ I am led to believe we may see something happen about 9AM Reno time today…] ...I am hearing very similar things...I believe a schedule has been set and we will see it at least rolling out this week. I am feeling great about where we are. My Redemption Center folks are at work today and expect to be in all week long. My last contact in Iraq was Saturday night and they are still expecting a new rate at any time. ...we are in such a great spot right now.
1-27-2020 Newshound Guru Jeff ...stop worrying about the formation of the government. Iraq has been approving and amending laws. At the end of December they approved the Election Law or amended it. Just a few weekends ago they amended the Financial Management Law. Iraq has come too far setting the stage to go back now...Timing is critical to them...the current PM Mahdi will just continue to stay in that position for like another 3 months. January, February, March. That means he's in there at least until Q1. They're also saying this week they'll probably put another PM in on Thursday-ish...either way their overall progress is too far along to go back...Iraq's government is fine. The current status of the government will not slow down the rate change...Iraq has enough stability. They've come too far along to stop right now...
1-27-2020 Newshound Guru MilitiaMan Article: "Al-Nassiri: We need a systematic movement for economic reform" No doubt we would like the party to get started and based off the article from Nassirri, it tells us they are doing things and in fact are ready for exactly what we have been waiting for all these years. For instance, the CBI spent about $190 million on nscn's and fils, reduced the note count by 45 trillion real close (See Charts at CBI), have a large deficit noted in the next budget that cannot be filled based of their recent note count reduction...The End of Month is coming soon and they have reporting to do. If they have a significant rate change above a program rate they'll need to announce it ahead of time or real close, as this time it wont be based off a program rate...
1-26-2020 Intel Guru RayRen98 Saturday reports: The CBI staff members allegedly caught stealing money from the auctions and supporting Iranian factions. Iraqi TV is broadcasting the scandal and that other countries are now concerned about Iran stealing resources from Iraq. Citizens are angry with the CBI. Saleh is returning from Rome and will meet with blocs to announce the new Prime Minister. Protestors are in the streets chanting that Sadr has betrayed them by his supporting of Iran. Iraqi TV broadcasts that the new PM will announced on Sunday. Parliament announces a short recess in order to get the budget passed, citing that the Prime Minister situation is resolved...4 private banks run by militia-controlled interests continue to use the dollar auctions to secure money for Iran. The Qi card payment system was compromised with fake government employees receiving millions of dollars each month.
1-26-2020 Intel Guru Frank26 ...there are whales and sharks right now because of the chum that's in the CBI ocean that the CBI threw into the ocean themselves. And whales are certainly not exchanging anything right now because who's gonna give them a higher rate? That's just a myth...don't go by that nonsense of other gurus...it's illogical to think that there are such groups...
1-26-2020 Newshound Guru Breitling We're trying to get the currency down so it's more competitive. And what do we see in the news? The United States just put in 90 Billion more U.S. dollars...what do you think happens when they inject that amount of money into our economy? Do you think the value goes up? NO! The value is divided into that much more of the currency that's out there. How did China devalue its currency when we put tariffs on them? They injected their economy with a ton of Yuan. That's what they did. It's absolutely universal. So you think it's a coincidence that Iraq is pulling currency out of their markets? It's not a coincidence at all...So how did the amount of currency drop so quick? No body knows. They just show the chart. They don't show exactly what they did but you and I know what they need to do and it's not a coincidence that it's all going down... [Post 2 of 2]
1-26-2020 Newshound Guru Breitling ...How can the CBI have such a steep drop in their currency in such a short time? What did they do with it? No body knows. Here's what we don't know. Was it one denomination? Was it all the denominations they pulled back? There's not enough information to answer that question. But here's the point...you need to watch the currency supply. The markets are being flooded with energy, therefore the prices are coming down. And you see the reflection in the banking laws and the way they're treating their currency supply. You've seen the charts. You know there's a disruption. You know what they need to do. They need to reduce their note count. Very very simple. What if they wanted to take away value of the Iraqi dinar? What did they do in the first place? They flooded the market with currency! What is the United States doing right now to our currency? [Post 1 of 2]
1-26-2020 Newshound Guru Jeff ...[Guru] Mnt Goat did a nice job of bringing some new facts to the surface. The China deal with Iraq until 5 months from now. Change the rate Q1. My Iraqi contact from within the Iraq government said they need April and May, that two month period to start and complete the budget. That right there shows you the China agreement in the month of June...
1-26-2020 Intel Guru Footforward Article quote: "Free and peaceful protesters will always chant the symbolic national anthem "Mawtini" as a sign of freedom, independence and patriotism, away from the Iranian influence and partisan interests." The thing to note now, no one shooting at the Iraqi people. That means Iran's influence is weakening. This is good for us! I know this seems minor. But it's actually very telling.
1-26-2020 Intel Guru Frank26 ...there are whales and sharks right now because of the chum that's in the CBI ocean that the CBI threw into the ocean themselves. And whales are certainly not exchanging anything right now because who's gonna give them a higher rate? That's just a myth...don't go by that nonsense of other gurus...it's illogical to think that there are such groups...
1-26-2020 Newshound Guru Breitling We're trying to get the currency down so it's more competitive. And what do we see in the news? The United States just put in 90 Billion more U.S. dollars...what do you think happens when they inject that amount of money into our economy? Do you think the value goes up? NO! The value is divided into that much more of the currency that's out there. How did China devalue its currency when we put tariffs on them? They injected their economy with a ton of Yuan. That's what they did. It's absolutely universal. So you think it's a coincidence that Iraq is pulling currency out of their markets? It's not a coincidence at all...So how did the amount of currency drop so quick? No body knows. They just show the chart. They don't show exactly what they did but you and I know what they need to do and it's not a coincidence that it's all going down... [Post 2 of 2]
1-26-2020 Newshound Guru Breitling ...How can the CBI have such a steep drop in their currency in such a short time? What did they do with it? No body knows. Here's what we don't know. Was it one denomination? Was it all the denominations they pulled back? There's not enough information to answer that question. But here's the point...you need to watch the currency supply. The markets are being flooded with energy, therefore the prices are coming down. And you see the reflection in the banking laws and the way they're treating their currency supply. You've seen the charts. You know there's a disruption. You know what they need to do. They need to reduce their note count. Very very simple. What if they wanted to take away value of the Iraqi dinar? What did they do in the first place? They flooded the market with currency! What is the United States doing right now to our currency? [Post 1 of 2]
1-26-2020 Newshound Guru Jeff ...[Guru] Mnt Goat did a nice job of bringing some new facts to the surface. The China deal with Iraq until 5 months from now. Change the rate Q1. My Iraqi contact from within the Iraq government said they need April and May, that two month period to start and complete the budget. That right there shows you the China agreement in the month of June...
1-26-2020 Intel Guru Footforward Article quote: "Free and peaceful protesters will always chant the symbolic national anthem "Mawtini" as a sign of freedom, independence and patriotism, away from the Iranian influence and partisan interests." The thing to note now, no one shooting at the Iraqi people. That means Iran's influence is weakening. This is good for us! I know this seems minor. But it's actually very telling.
1-25-2020 Newshound/Intel Guru RVAlready ...No nomination of a specific name by Salih that I have seen...Time to name the PM and activate the RV...It will be good to see RV on - auctions off...Hopefully all done tomorrow. No point in waiting
1-25-2020 Intel Guru Footforward Article: "The Baghdad Post: Protest squares are now void of loyalists and followers of parties. They are full of patriotic, free and independent people and those who care only about Iraq." Progress is being made! Now is not the time to be cynical!
1-25-2020 Newshound Guru Breitling ...Iraq has suggested that the U.S. remove their presence in Iraq. The President has said if this happens Iraq's accounts will be frozen in the U.S...Could this in any way interfere with the revaluation of the the dinar? Look, Iraq is not going to kick the United States out of the region...This correlates a little bit with Trump talking about that we have billions of Iraq's money. That's in U.S. dollars. When he did that interview [1-11-2020] he's talking about dollars...what's energy traded in? It's traded in U.S. dollars. That's how we're able to have access to their accounts. They're in our banks and our reserves...
1-25-2020 Newshound Guru Chattels Article quote: "Baghdad / Nina / The economist Raad Tuwaij confirmed that the 2020 budget is an inflated and critical budget due to the high deficit rate to 33%, which is a large deficit that will cause a decrease in the value of the Iraqi currency and a decrease in the purchasing power of the Iraqi individual." There are some who say that inflationary pressure is a friend of a currency value increase.
1-25-2020 Newshound Guru Adam Montana Pressure is REALLY heating up to replace Mahdi... and it looks like Iran is losing the "(s)election". If they get anyone in there that isn't an Iranian puppet, we are on the fast track.
1-25-2020 Intel Guru Delta [Question? Didnt [Guru] Delta say the had to ri/rv delete the zeros etc in Jan? ...Something about the CBI legally needing to do it Jan and thats why it was delayed?] ...YES AND THAT CAME FROM CBI FROM 2012... Article quotes: "AUG 20, 2012 - Central Bank Deputy Director Mohammad Saleh appearance drew the interest of the Exchange must be with the new fiscal year, "the Iraqi Government's accounts cannot be registered in the same year, two forms of financial values"; "Delete the zeros MUST be at the beginning of a fiscal year". IMO...THEY HAVE A GRACE PERIOD OF 30 DAYS...
1-25-2020 Intel Guru Footforward Article: "The Baghdad Post: Protest squares are now void of loyalists and followers of parties. They are full of patriotic, free and independent people and those who care only about Iraq." Progress is being made! Now is not the time to be cynical!
1-25-2020 Newshound Guru Breitling ...Iraq has suggested that the U.S. remove their presence in Iraq. The President has said if this happens Iraq's accounts will be frozen in the U.S...Could this in any way interfere with the revaluation of the the dinar? Look, Iraq is not going to kick the United States out of the region...This correlates a little bit with Trump talking about that we have billions of Iraq's money. That's in U.S. dollars. When he did that interview [1-11-2020] he's talking about dollars...what's energy traded in? It's traded in U.S. dollars. That's how we're able to have access to their accounts. They're in our banks and our reserves...
1-25-2020 Newshound Guru Chattels Article quote: "Baghdad / Nina / The economist Raad Tuwaij confirmed that the 2020 budget is an inflated and critical budget due to the high deficit rate to 33%, which is a large deficit that will cause a decrease in the value of the Iraqi currency and a decrease in the purchasing power of the Iraqi individual." There are some who say that inflationary pressure is a friend of a currency value increase.
1-25-2020 Newshound Guru Adam Montana Pressure is REALLY heating up to replace Mahdi... and it looks like Iran is losing the "(s)election". If they get anyone in there that isn't an Iranian puppet, we are on the fast track.
1-25-2020 Intel Guru Delta [Question? Didnt [Guru] Delta say the had to ri/rv delete the zeros etc in Jan? ...Something about the CBI legally needing to do it Jan and thats why it was delayed?] ...YES AND THAT CAME FROM CBI FROM 2012... Article quotes: "AUG 20, 2012 - Central Bank Deputy Director Mohammad Saleh appearance drew the interest of the Exchange must be with the new fiscal year, "the Iraqi Government's accounts cannot be registered in the same year, two forms of financial values"; "Delete the zeros MUST be at the beginning of a fiscal year". IMO...THEY HAVE A GRACE PERIOD OF 30 DAYS...
1-25-2020 Newshound Guru Kaperoni For once...guru Jeff is right...The 2020 budget does include a public/private partnership to launch the private sector and begin significant reconstruction. But it does not involve a rate change for the dinar. If the currency is to appreciate it will not be some random act. But a decision to get off the peg and float the dinar as a result of inflationary pressure created from investors and an influx of capital to create a private sector and rebuild the country. This is not an overnight event. [Reference Guru Jeff Post 1-24-2020]
1-24-2020 Newshound/Intel Guru Mnt Goat The US wants all funding to terrorists to end... So this is the situation like it or not...it may be better to face Iran now and suffer any consequences NOW than to continue and prolong this Iranian influence any longer. We will NEVER see our RV with it. It may take some time to get Iran out but at least now the process has begun and is being aggressively applied. How long will it take, we don’t know. But there is a plan and the US and Iraq now are jointly working towards it. This is the VERY GOOD news today... [post 2 of 2]
1-24-2020 Newshound/Intel Guru Mnt Goat I want to remind everyone that the end of January is just around the corner. The month of January is noted as the BEST and MOST OPPORTUNE time for the CBI to conduct the reinstatement. Can they do it by end of January? ...I don’t think so. Does this mean we wait until next January 2021? Very possible we may have to since now they are talking about not even implementing the China deal with Iraq until 5 months from now. Seems 2020 is going to pass us by real fast. Another wasted year gone…I believe that over this coming weekend things could drastically change, if a prime minister is seated. [post 1 of 2....stay tuned]
1-24-2020 Intel Guru Bruce ... President Trump signed off on it... [Wednesday] evening...and gave the green light...after he got back from Davos – so we know its underway – we know the process is going...the redemption enter staff are all on a 45 min response now...once they get the call/text...they are to respond and be at their stations in the redemption centers ready to go in 45 minutes... So, that gives you some idea of just how ready everything is to go...it could very well go...(Friday) – Saturday – Sunday - Monday - all the way up to Tuesday morning...I’m excited for all of us...
1-24-2020 Newshound Guru Jeff ...what have they told us with the 2020 budget? They've told us that the large deficit within the 2020 budget is actually the reforms. The reforms are post rate change. The reforms are also one of the items that is most highly wanted items by the demonstrators. The UN has recently stepped forth and told Iraq they need to hurry up and get the reforms implemented...the demonstrators are not gonna wait another 6 months...the last step we're currently waiting on is for them [GOI] to position the money for all of these post rate change items...
1-24-2020 Intel Guru MarkZ [via PDK] I am hearing from Hong Kong and Zurich that today is the day…It’s rolling out...Last I heard from Isaac was yesterday and he was expecting things to happen any movement [moment ?] ...my bankers say it can go right now...
1-24-2020 Newshound/Intel Guru BGG Article: " Al-Khalidi calls Saleh to assign Allawi to form a government and refuse to give in and dictate" Quote: "Member of Parliament Muhammad Al-Khalidi called on President of the Republic Barham Salih to win the masses and not to bow to pressure and dictates by assigning Muhammad Tawfiq Allawi to form a government and leaving the final choice to the people’s representatives." I’m not sure I agree with the premise here. Kahlidi is basically telling Saleh to assign Allawi to be the PM and let the Parliament vote yea or nay on his government… but we shall see. I have the idea Saleh wants to find a candidate the protesters can get behind.
1-24-2020 Newshound Guru chattels There are no credible reports of the budget having been approved by Parliament. At last report the budget law had not been delivered to Parliament.
1-24-2020 Newshound/Intel Guru Mnt Goat The US wants all funding to terrorists to end... So this is the situation like it or not...it may be better to face Iran now and suffer any consequences NOW than to continue and prolong this Iranian influence any longer. We will NEVER see our RV with it. It may take some time to get Iran out but at least now the process has begun and is being aggressively applied. How long will it take, we don’t know. But there is a plan and the US and Iraq now are jointly working towards it. This is the VERY GOOD news today... [post 2 of 2]
1-24-2020 Newshound/Intel Guru Mnt Goat I want to remind everyone that the end of January is just around the corner. The month of January is noted as the BEST and MOST OPPORTUNE time for the CBI to conduct the reinstatement. Can they do it by end of January? ...I don’t think so. Does this mean we wait until next January 2021? Very possible we may have to since now they are talking about not even implementing the China deal with Iraq until 5 months from now. Seems 2020 is going to pass us by real fast. Another wasted year gone…I believe that over this coming weekend things could drastically change, if a prime minister is seated. [post 1 of 2....stay tuned]
1-24-2020 Intel Guru Bruce ... President Trump signed off on it... [Wednesday] evening...and gave the green light...after he got back from Davos – so we know its underway – we know the process is going...the redemption enter staff are all on a 45 min response now...once they get the call/text...they are to respond and be at their stations in the redemption centers ready to go in 45 minutes... So, that gives you some idea of just how ready everything is to go...it could very well go...(Friday) – Saturday – Sunday - Monday - all the way up to Tuesday morning...I’m excited for all of us...
1-24-2020 Newshound Guru Jeff ...what have they told us with the 2020 budget? They've told us that the large deficit within the 2020 budget is actually the reforms. The reforms are post rate change. The reforms are also one of the items that is most highly wanted items by the demonstrators. The UN has recently stepped forth and told Iraq they need to hurry up and get the reforms implemented...the demonstrators are not gonna wait another 6 months...the last step we're currently waiting on is for them [GOI] to position the money for all of these post rate change items...
1-24-2020 Intel Guru MarkZ [via PDK] I am hearing from Hong Kong and Zurich that today is the day…It’s rolling out...Last I heard from Isaac was yesterday and he was expecting things to happen any movement [moment ?] ...my bankers say it can go right now...
1-24-2020 Newshound/Intel Guru BGG Article: " Al-Khalidi calls Saleh to assign Allawi to form a government and refuse to give in and dictate" Quote: "Member of Parliament Muhammad Al-Khalidi called on President of the Republic Barham Salih to win the masses and not to bow to pressure and dictates by assigning Muhammad Tawfiq Allawi to form a government and leaving the final choice to the people’s representatives." I’m not sure I agree with the premise here. Kahlidi is basically telling Saleh to assign Allawi to be the PM and let the Parliament vote yea or nay on his government… but we shall see. I have the idea Saleh wants to find a candidate the protesters can get behind.
1-24-2020 Newshound Guru chattels There are no credible reports of the budget having been approved by Parliament. At last report the budget law had not been delivered to Parliament.
1-23-2020 Newshound/Intel Guru Mnt Goat These stipends must come out as close to the 1:1 rate with US dollar as possible as this is the way they set it up to go. This means that they will have to move ahead with the “project to delete the zeros” in order to do this. Yes, these stipends are a triggering mechanism for the RV. It is all part of the same plan and inter-connected. [post 2 of 2]
1-23-2020 Newshound/Intel Guru Mnt Goat ... an agreement has been made over a month ago to pay out the HCL funds to the average citizen and do it now. Yes, now, ...not months from now. The constitution states it and we know for a FACT the law was already passed to implement it in parliament in 2018. This is way overdue. The pressure from the protestors is another reason why they must finally go ahead with this project...this is part of the “reforms” they are talking about and want... But there is still the problem with Iran funneling funds to Iran and so this issue is the obstacle... and will continue to be the obstacle until president Trump can resolve this Iranian influence in Iraq. This is not going to change overnight but now we see the path to progress. [post 1 of 2....stay tuned]
1-23-2020 Newshound Guru Kaperoni ...guru MarkZ is telling his follows that his crew is at the redemption centers ready to go. LOL. There is no redemption centers...If the CBI decides to raise the value based on sound monetary policy, I'm sure we will learn about ways in which we can exchange our dinar through financial institutions or market makers (currency dealers). All this other stuff from the guru's is just nonsense.
1-23-2020 Newshound/Intel Guru Mnt Goat ...Iraq does NOT yet have new prime minister...President Saleh simply announced he has a viable candidate and might nominate him once he arrives from Davos Forum at the end of the week...One rumor is that the citizens want Ali Abdul Amir Allawi and NOT Muhammad Tawfiq Allawi that the President of Iraq chose. This may come to be the final truth but for now Saleh picked Muhammad Tawfiq Allawi not Ali Abdul Amir Allawi. We just have to wait and watch what happens... I believe Ali Abdul Amir Allawi will eventually end up with the nomination.
1-23-2020 Intel Guru MarkZ My crew at redemption centers…part are in place today and part are working at other things…because they also work at wealth management…but they are still on a one hour standby. I have never seen everyone in place like this…I have never seen this many people in place and excited in the entire history of this thing...everyone is geared up, in place and ready…I am very excited at where we are today.
1-23-2020 Newshound Guru Chattels Article quote: "If Iraq complies with the sanctions, it could paralyze their electricity sector, which relies heavily on Iranian imports. However, if the country ignores the sanctions after the exemption expires, they could be hit with secondary sanctions, including restricted access to crucial US accounts. Washington is considering blocking Iraq ’s access to a $35 billion US-based account where Baghdad holds its oil revenues, according to Agence France-Presse. This account contributes to 90% of the national budget." The foregoing is confirmation of our explanation of the currency account... [Reference Trump interview video 1-11-2020]
1-23-2020 Newshound Guru Adam Montana ...it's looking more and more like one of the Allawi's will be appointed PM. My vote would be for the one that Maliki likes the least, but I don't get a vote in that.
1-23-2020 Newshound Guru Jeff The US has poured trillions of dollars into Iraq and shed blood for Iraq. It wasn't the World Bank or the IMF...I showed it to you through all of last year. This is linked to accounting periods...because Iraq came out telling you that the 2020 budget has to be implemented at the start of their fiscal year. They're telling you that this is linked to accounting periods...Iraq is probably transitioning back to their original fiscal year. April/March which is identical to how Kuwait is currently structured. That's why Kuwait changed their rate around the end of March to align their rate change with their fiscal year. You see Iraq is following suite based on their movements and the facts they have shown us... [Post 2 of 2]
1-23-2020 Newshound Guru Jeff ...one particular guru...is saying that the timing at which they put in the prime minister has everything to do with the timing of the rate change...that basically once they put in a prime minister that roughly within a month that's when the rate is gonna change. That's not the case... Both the demonstrations along with Iran and along with the Prime Minister is just all coincidence. Those scenarios have nothing to do with the timing of the rate change. That's been scheduled since early last year...Who's in charge of the rate change? Donald Trump... [Post 1 of 2....stay tuned]
1-23-2020 Intel Guru Frank26 ...President Trump is more deeply involved in monetary reform of the dinar in Iraq...what if he told the Central Bank of Iraq it's time for you to stop using the American dollar. Play fairly. Does that sound familiar? The way that you do that is stopping your auctions...IMO what Donald Trump did with the central bank of Iraq just recently was to give them a time-frame that specified a date with a "no later than " end date...
1-23-2020 Newshound/Intel Guru Mnt Goat ... an agreement has been made over a month ago to pay out the HCL funds to the average citizen and do it now. Yes, now, ...not months from now. The constitution states it and we know for a FACT the law was already passed to implement it in parliament in 2018. This is way overdue. The pressure from the protestors is another reason why they must finally go ahead with this project...this is part of the “reforms” they are talking about and want... But there is still the problem with Iran funneling funds to Iran and so this issue is the obstacle... and will continue to be the obstacle until president Trump can resolve this Iranian influence in Iraq. This is not going to change overnight but now we see the path to progress. [post 1 of 2....stay tuned]
1-23-2020 Newshound Guru Kaperoni ...guru MarkZ is telling his follows that his crew is at the redemption centers ready to go. LOL. There is no redemption centers...If the CBI decides to raise the value based on sound monetary policy, I'm sure we will learn about ways in which we can exchange our dinar through financial institutions or market makers (currency dealers). All this other stuff from the guru's is just nonsense.
1-23-2020 Newshound/Intel Guru Mnt Goat ...Iraq does NOT yet have new prime minister...President Saleh simply announced he has a viable candidate and might nominate him once he arrives from Davos Forum at the end of the week...One rumor is that the citizens want Ali Abdul Amir Allawi and NOT Muhammad Tawfiq Allawi that the President of Iraq chose. This may come to be the final truth but for now Saleh picked Muhammad Tawfiq Allawi not Ali Abdul Amir Allawi. We just have to wait and watch what happens... I believe Ali Abdul Amir Allawi will eventually end up with the nomination.
1-23-2020 Intel Guru MarkZ My crew at redemption centers…part are in place today and part are working at other things…because they also work at wealth management…but they are still on a one hour standby. I have never seen everyone in place like this…I have never seen this many people in place and excited in the entire history of this thing...everyone is geared up, in place and ready…I am very excited at where we are today.
1-23-2020 Newshound Guru Chattels Article quote: "If Iraq complies with the sanctions, it could paralyze their electricity sector, which relies heavily on Iranian imports. However, if the country ignores the sanctions after the exemption expires, they could be hit with secondary sanctions, including restricted access to crucial US accounts. Washington is considering blocking Iraq ’s access to a $35 billion US-based account where Baghdad holds its oil revenues, according to Agence France-Presse. This account contributes to 90% of the national budget." The foregoing is confirmation of our explanation of the currency account... [Reference Trump interview video 1-11-2020]
1-23-2020 Newshound Guru Adam Montana ...it's looking more and more like one of the Allawi's will be appointed PM. My vote would be for the one that Maliki likes the least, but I don't get a vote in that.
1-23-2020 Newshound Guru Jeff The US has poured trillions of dollars into Iraq and shed blood for Iraq. It wasn't the World Bank or the IMF...I showed it to you through all of last year. This is linked to accounting periods...because Iraq came out telling you that the 2020 budget has to be implemented at the start of their fiscal year. They're telling you that this is linked to accounting periods...Iraq is probably transitioning back to their original fiscal year. April/March which is identical to how Kuwait is currently structured. That's why Kuwait changed their rate around the end of March to align their rate change with their fiscal year. You see Iraq is following suite based on their movements and the facts they have shown us... [Post 2 of 2]
1-23-2020 Newshound Guru Jeff ...one particular guru...is saying that the timing at which they put in the prime minister has everything to do with the timing of the rate change...that basically once they put in a prime minister that roughly within a month that's when the rate is gonna change. That's not the case... Both the demonstrations along with Iran and along with the Prime Minister is just all coincidence. Those scenarios have nothing to do with the timing of the rate change. That's been scheduled since early last year...Who's in charge of the rate change? Donald Trump... [Post 1 of 2....stay tuned]
1-23-2020 Intel Guru Frank26 ...President Trump is more deeply involved in monetary reform of the dinar in Iraq...what if he told the Central Bank of Iraq it's time for you to stop using the American dollar. Play fairly. Does that sound familiar? The way that you do that is stopping your auctions...IMO what Donald Trump did with the central bank of Iraq just recently was to give them a time-frame that specified a date with a "no later than " end date...
1-22-2020 Intel Guru Frank26 ...I believe that the appointment/ announcement of the Prime Minister now has a lot to do with when they will announce the new exchange rate. Male-Female. GOI-CBI. Separate but getting together now. It's time for them to go on their honeymoon and produce something...
1-22-2020 Newshound Guru Adam Montana Article quote: "Iraqi President Barham Salih tells President Donald Trump “These are challenging times, and United States has been a partner to #Iraq and in the war against ISIS” and stresses common interests in the region." There is a bit of talk about the USofA interfering, influencing, or otherwise controlling Iraq. This holds some truth... My opinion is that Trump may not be directly responsible for Iraq's RV, but Iraq is being pushed to move away from Iran, and that is a good thing. Articles like these are pretty solid evidence that Iraq wishes to stay on our good side, and all that nonsense about Iraq "wanting US troops out immediately" was just that: nonsense.
1-22-2020 Newshound Guru Adam Montana When I bought Iraqi dinar for the first time, I will admit that I was not nearly as knowledgeable about it as I am today. Over the years, I have continued to learn about it, educating myself and sharing that education, and I am more confident than ever that this will end with a good profit. The year 2020 continues to shape up as a GREAT year for it, too! ...My friends, this situation is unfolding before our eyes... I have a strong feeling that the Dinar news is going to get much more exciting, very soon.
1-22-2020 Intel Guru Bruce ...I believe it’s coming very very shortly...There are things happening that are moving us closer and closer towards what we are looking for which is a combination – notification from 401,163 emails on the Wells Fargo server for the tier 4B – that’s us – the internet group as well as notification that I should receive to put out the toll free number...We are looking very strong for this to occur between tomorrow and the rest of the week...and I would not be surprised if we do get...notification and the ability to go in for our exchanges as early as tomorrow (Wednesday)... We’ll see how that goes...
1-22-2020 Intel Guru MarkZ Iraq does not have a new rate published yet…but they are still keyed up and expecting one at any time …My contacts in Redemption Centers are still on call and expecting to be working a long weekend…So imo we are still in a great place…
1-22-2020 Newshound Guru Jeff ...a lot of BS is coming out right now. They're doing that to mislead us because we're getting closer to the finish line. On Monday they came out saying that they nominated a prime minister and then today Salih says he withdrew it because political bloc's did not agree. Now Salih is going to Davos, Switzerland to meet with Trump. So after that Salih says he's going too appoint or nominate a new P.M. So we're waiting now on Thursday until we get a new P.M. We'll have to see how that goes. Lots of BS in the news coming out right now so it's hard and challenging to really focus on the news but that's all by design...
1-22-2020 Newshound Guru Kaperoni If the dinar is ever going to go up in value it will be as a result of Iraq implementing laws for investment and investors coming to participate in the rebuilding. Only then can the dinar begin to appreciate as a result...
1-22-2020 Newshound Guru Adam Montana Article quote: "Iraqi President Barham Salih tells President Donald Trump “These are challenging times, and United States has been a partner to #Iraq and in the war against ISIS” and stresses common interests in the region." There is a bit of talk about the USofA interfering, influencing, or otherwise controlling Iraq. This holds some truth... My opinion is that Trump may not be directly responsible for Iraq's RV, but Iraq is being pushed to move away from Iran, and that is a good thing. Articles like these are pretty solid evidence that Iraq wishes to stay on our good side, and all that nonsense about Iraq "wanting US troops out immediately" was just that: nonsense.
1-22-2020 Newshound Guru Adam Montana When I bought Iraqi dinar for the first time, I will admit that I was not nearly as knowledgeable about it as I am today. Over the years, I have continued to learn about it, educating myself and sharing that education, and I am more confident than ever that this will end with a good profit. The year 2020 continues to shape up as a GREAT year for it, too! ...My friends, this situation is unfolding before our eyes... I have a strong feeling that the Dinar news is going to get much more exciting, very soon.
1-22-2020 Intel Guru Bruce ...I believe it’s coming very very shortly...There are things happening that are moving us closer and closer towards what we are looking for which is a combination – notification from 401,163 emails on the Wells Fargo server for the tier 4B – that’s us – the internet group as well as notification that I should receive to put out the toll free number...We are looking very strong for this to occur between tomorrow and the rest of the week...and I would not be surprised if we do get...notification and the ability to go in for our exchanges as early as tomorrow (Wednesday)... We’ll see how that goes...
1-22-2020 Intel Guru MarkZ Iraq does not have a new rate published yet…but they are still keyed up and expecting one at any time …My contacts in Redemption Centers are still on call and expecting to be working a long weekend…So imo we are still in a great place…
1-22-2020 Newshound Guru Jeff ...a lot of BS is coming out right now. They're doing that to mislead us because we're getting closer to the finish line. On Monday they came out saying that they nominated a prime minister and then today Salih says he withdrew it because political bloc's did not agree. Now Salih is going to Davos, Switzerland to meet with Trump. So after that Salih says he's going too appoint or nominate a new P.M. So we're waiting now on Thursday until we get a new P.M. We'll have to see how that goes. Lots of BS in the news coming out right now so it's hard and challenging to really focus on the news but that's all by design...
1-22-2020 Newshound Guru Kaperoni If the dinar is ever going to go up in value it will be as a result of Iraq implementing laws for investment and investors coming to participate in the rebuilding. Only then can the dinar begin to appreciate as a result...
1-21-2020 **** Dinar Guru Newsflash UPDATE **** Reports have come in that Iraq has a new Prime Minister. It appears this is NOT official. News and intel reports have been all over the place. Two names (there may even be a third) have come into focus...Ali Al-Shukri...who seems to be the protestors pick and Muhammad Allawi...favored by the Iranian faction of the GOI government. Obviously, this is an critical juncture for Iraq and the dinar. A lot is at stake. Which side is going to win Iraq? Stay tuned as the dust settles and the guru reports come. The latest guru updates will continue below...
1-21-2020 Intel Guru RayRen98 ...Iraqi TV has legal activists saying the budget will be given to the Finance Minister and he can present it to Parliament for voting and passage since the caretaker government is limited in what it can legally do. This is being voted on in Parliament to get done so the budget can be presented...Iraqi citizens are in the streets today regarding the slow pace of reforms... Saleh announced postponement of nomination of next pm had meeting this morning with several key figures on agreement before travel...
1-21-2020 Intel Guru Delta Article: "Legal Spotlights on the Central Bank's Independence from the Executive Authority - A Comparative Analytical Study" Quote: "CBI is in the process of drawing up and implementing monetary policy" MORE CONFIRMATION CBI ON THE VERGE OF...YOU KNOW..MUSIC TO MY EARS.
1-21-2020 Intel Guru MarkZ My contacts at the redemption centers are saying they will not be working 24 hours but from 7-11 everyday. They are still on “High Alert”. In Iraq I am hearing “yes” to a new prime minister. My diplomatic sources there are very optimistic for RV this week. My contractor sources over there expect to have to change the QI card values this week.
1-21-2020 Newshound Guru Kaperoni What the guru's keep talking about (some overnight event) to delete zeros is a LOP. That is not what we want to see. That is a neutral event. There is no overnight significant RV/RI... What we want to see is for Iraq to create the economic conditions (laws, investment) to create a thriving private sector/market economy. As a result, the dinar will rise in value gradually via a float increasing the value. This is what Iraqis prefer and it also would allow for the money supply to be reduced.
1-21-2020 Intel Guru Frank26 ...If it is like they are telling you in the articles today that they have a new prime minister, well then what does that mean? It means you no longer have a caretaker government...What do you think is the first demands the citizens want? ...they wanted a new government...second thing they want? Purchasing power. Because they know that that's coming...
1-21-2020 Newshound Guru chattels Article: "Baghdad / Nina / Legal expert Tariq Harb confirmed that: Dr. Ali Al-Shukri is just around the corner from the title of His Excellency the Prime Minister-designate ." Will it be Ali Al-Shukri or Muhammad Allawi ?
1-21-2020 Intel Guru Delta Article: "Legal Spotlights on the Central Bank's Independence from the Executive Authority - A Comparative Analytical Study" Quote: "CBI is in the process of drawing up and implementing monetary policy" MORE CONFIRMATION CBI ON THE VERGE OF...YOU KNOW..MUSIC TO MY EARS.
1-21-2020 Intel Guru MarkZ My contacts at the redemption centers are saying they will not be working 24 hours but from 7-11 everyday. They are still on “High Alert”. In Iraq I am hearing “yes” to a new prime minister. My diplomatic sources there are very optimistic for RV this week. My contractor sources over there expect to have to change the QI card values this week.
1-21-2020 Newshound Guru Kaperoni What the guru's keep talking about (some overnight event) to delete zeros is a LOP. That is not what we want to see. That is a neutral event. There is no overnight significant RV/RI... What we want to see is for Iraq to create the economic conditions (laws, investment) to create a thriving private sector/market economy. As a result, the dinar will rise in value gradually via a float increasing the value. This is what Iraqis prefer and it also would allow for the money supply to be reduced.
1-21-2020 Intel Guru Frank26 ...If it is like they are telling you in the articles today that they have a new prime minister, well then what does that mean? It means you no longer have a caretaker government...What do you think is the first demands the citizens want? ...they wanted a new government...second thing they want? Purchasing power. Because they know that that's coming...
1-21-2020 Newshound Guru chattels Article: "Baghdad / Nina / Legal expert Tariq Harb confirmed that: Dr. Ali Al-Shukri is just around the corner from the title of His Excellency the Prime Minister-designate ." Will it be Ali Al-Shukri or Muhammad Allawi ?
1-20-2020 Intel Guru MarkZ Quote "Monday UPDATE for January 20, 2020 Ali Allawi will be new Prime Minister" ...they're saying on Iraqi TV." I am told that was a key piece we needed to see…hope we see movement now.
1-20-2020 Intel Guru Frank26 ...IMO Iraq is asking the President of the United States of America two things. Keep your troops here and protect us. Build more bases if you have to and the other thing Mr. President, raise the value of our currency...
1-20-2020 Newshound Guru Jeff Article "Urgent: Barham Salih commissioned Muhammad Tawfiq Allawi as Prime Minister" So there you go Muhammad Tawfiq is the new Prime Minister of Iraq...
1-20-2020 Newshound Guru chattels Still reading about Muhammad Allawi. We shall see whether he accepts the appointment / nomination and whether he ultimately has the confidence of the protesters and Parliament.
1-20-2020 Intel Guru Footforward Article: "President @BarhamSalih designates Mohamed Tawfiq Allawi as prime minister, in a meeting that ended a while ago at the presidential palace" I'm hoping this is true, but I'm getting conflicting reports from different sources.
1-20-2020 Intel Guru RayRen98 Ali Allawi will be new Prime Minister ...they're saying on Iraqi TV. Muhammad Tawfiq Allawi will be commissioned as Prime Minister at 10:00 in the evening.
1-20-2020 Newshound Guru MilitiaMan Article: "Parliamentary investment: the 2020 budget will be operational after the agreement with China" The 2019 Financial Management Law Amendment will open the door for China and they have played their Trump Card to get it done too... Imo!
1-20-2020 Intel Guru Frank26 ...IMO the President of the United Stats has told the Central Bank of Iraq, now on this date stop the auctions...
1-20-2020 Intel Guru MarkZ [What happened to Iraq unveiling their rate this weekend?] Everyone was positive it was going to happen this weekend…it was planned to be in the Gazette by Saturday...all I could say is I am very positive…hoping to see it by Wednesday. My redemption center folks are on call today...not at work...yet. It really is looking like it could be a Tuesday event…I’m terrified to say this...but all sources are saying this.
1-20-2020 Intel Guru Frank26 ...when the Central Bank of Iraq raises the value of their currency there are already established private banks around the world that have an agreement with the central bank...the Central Bank of Iraq's children is their currency. Each individual bill is very precious to them. It's called their note count...there are banks around the world IMO have been established around the world that will send back their children [Dinar Notes]...if I live in Ohio and I go to a bank and I exchange my dinar for American dollars...that bank has made an agreement with the CBI...Will the private banks allow us to leave the deposits in dinars? Yes...they are going to let you keep your dinars as dinars on American soil...all of this is IMO...
1-20-2020 Newshound/Intel Guru RVAlready current data looks good. CBI seems ready to implement. It has been a longer and more obfuscated route than almost anyone could imagine.
1-20-2020 Intel Guru Frank26 ...IMO Iraq is asking the President of the United States of America two things. Keep your troops here and protect us. Build more bases if you have to and the other thing Mr. President, raise the value of our currency...
1-20-2020 Newshound Guru Jeff Article "Urgent: Barham Salih commissioned Muhammad Tawfiq Allawi as Prime Minister" So there you go Muhammad Tawfiq is the new Prime Minister of Iraq...
1-20-2020 Newshound Guru chattels Still reading about Muhammad Allawi. We shall see whether he accepts the appointment / nomination and whether he ultimately has the confidence of the protesters and Parliament.
1-20-2020 Intel Guru Footforward Article: "President @BarhamSalih designates Mohamed Tawfiq Allawi as prime minister, in a meeting that ended a while ago at the presidential palace" I'm hoping this is true, but I'm getting conflicting reports from different sources.
1-20-2020 Intel Guru RayRen98 Ali Allawi will be new Prime Minister ...they're saying on Iraqi TV. Muhammad Tawfiq Allawi will be commissioned as Prime Minister at 10:00 in the evening.
1-20-2020 Newshound Guru MilitiaMan Article: "Parliamentary investment: the 2020 budget will be operational after the agreement with China" The 2019 Financial Management Law Amendment will open the door for China and they have played their Trump Card to get it done too... Imo!
1-20-2020 Intel Guru Frank26 ...IMO the President of the United Stats has told the Central Bank of Iraq, now on this date stop the auctions...
1-20-2020 Intel Guru MarkZ [What happened to Iraq unveiling their rate this weekend?] Everyone was positive it was going to happen this weekend…it was planned to be in the Gazette by Saturday...all I could say is I am very positive…hoping to see it by Wednesday. My redemption center folks are on call today...not at work...yet. It really is looking like it could be a Tuesday event…I’m terrified to say this...but all sources are saying this.
1-20-2020 Intel Guru Frank26 ...when the Central Bank of Iraq raises the value of their currency there are already established private banks around the world that have an agreement with the central bank...the Central Bank of Iraq's children is their currency. Each individual bill is very precious to them. It's called their note count...there are banks around the world IMO have been established around the world that will send back their children [Dinar Notes]...if I live in Ohio and I go to a bank and I exchange my dinar for American dollars...that bank has made an agreement with the CBI...Will the private banks allow us to leave the deposits in dinars? Yes...they are going to let you keep your dinars as dinars on American soil...all of this is IMO...
1-20-2020 Newshound/Intel Guru RVAlready current data looks good. CBI seems ready to implement. It has been a longer and more obfuscated route than almost anyone could imagine.
1-19-2020 Newshound Guru MilitiaMan "Religious reference to Trump: The Iraqi government is transferring hard currencies to Iran ... We ask you to protect our money" Maybe this is why [Guru] Frank26 mentioned...the "time is now!" Did DJT get the letter above and give an "insistence" to make sure their money is safe and sound!? Re - Instating their currency will be a safety measure, as it protects the wealth of the nation, right? We shall see and I suspect that time now is ripe for them to be prepared to report what they may have done or will have done in due course. The articles suggest they are ready to give the 2020 budget draft to the parliament. Well imo not to break the good news to ya'll on that, but, the 2019 Financial Management Law Amendment will need to precede that...imo. That is where what it all revolves around and that is about the mechanism that is in or is the 2019 FML amendment! Just as the protection of their money does... They have been protecting the information in the 2019 FML for a very long time. imo.
1-19-2020 Newshound/Intel Guru Mnt Goat Article: "CURRENT 2020 BUDGET IS READY IN THE MINISTRY OF FINANCE. THE BUDGET WAS APPROVED BY THE CABINET BEFORE THE RESIGNATION OF THE GOVERNMENT" So here it is again in yet another article. The 2020 budget was ready when Mahdi resigned. So why didn’t he pass it on to parliament prior to resigning? We know why and its because he wanted to create this budget crisis and hold up progress.
1-19-2020 Intel Guru Frank26 Because the banks are communicating with the Central Bank and the central bank is talking, 'Hey it's time. Give us all those 3 zeros you've collected...we're going to replace it with currency you are not to give to the citizens...You know those small category notes that we've already delivered to you? That's what you're gonna deliver to the citizens.' And the key thing is when and at what rate...I don't know the date and I don't know the rate but I do know that it's happening because the Central Bank of Iraq is saying this is what we're doing [and all the signs are pointing that way.] Tremendous signs....I'm excited about the future with this currency
1-19-2020 Newshound Guru MilitiaMan Article: "Al-Fateh reveals an intention to elect the Prime Minister directly from the people" This is why imo there is no hold up with the PM in regards to monetary reforms. The caretaker government is in place and can facilitate the 2019 FML Amendment that was completed long before and even prior to the resignation of Mahdi! The elites and educated know this and will massage things in order to get a non dialectic Prime Minister. The Monetary Reforms will need to be met regardless now with the liquidity issues they’ll be facing shortly if not already now. Imo.
1-19-2020 Intel Guru Frank26 ...I feel IMO that the government of Iraq and the CBI are two different things. Separate male-female and yet ironically enough you need the two to create something beautiful. Life. The CBI is working on raising the value of the Iraqi dinar and the GOI is also working on cleaning itself out. Well it turns out that just 3 days ago Trump went into the CBI and they arrested people left and right. They're cleaning the swamp so that the country of Iraq can stand by itself and have their own currency and be proud of it. And that's what's going on right now...
1-19-2020 Newshound Guru MilitiaMan Article: "Deputy: The budget law will arrive in the coming hours in parliament" There is a difference between the 2020 Budget Law and the 2019 FML Amendment. Imo This is for and is to be used for after the exposure of the 2019 FML Amendment which will be the mechanism for international trade. In other words, our expectations will be met prior to ever opening the doors internationally. Here again it is said days before Mahdi resigned that the 2020 Budget law was signed before Mahdi resigned.. The powers that be behind the scenes know full well how the system works and have been prepared and on top of things even with all the antics thrown at them by the corrupt...
1-19-2020 Newshound/Intel Guru Mnt Goat Article: "CURRENT 2020 BUDGET IS READY IN THE MINISTRY OF FINANCE. THE BUDGET WAS APPROVED BY THE CABINET BEFORE THE RESIGNATION OF THE GOVERNMENT" So here it is again in yet another article. The 2020 budget was ready when Mahdi resigned. So why didn’t he pass it on to parliament prior to resigning? We know why and its because he wanted to create this budget crisis and hold up progress.
1-19-2020 Intel Guru Frank26 Because the banks are communicating with the Central Bank and the central bank is talking, 'Hey it's time. Give us all those 3 zeros you've collected...we're going to replace it with currency you are not to give to the citizens...You know those small category notes that we've already delivered to you? That's what you're gonna deliver to the citizens.' And the key thing is when and at what rate...I don't know the date and I don't know the rate but I do know that it's happening because the Central Bank of Iraq is saying this is what we're doing [and all the signs are pointing that way.] Tremendous signs....I'm excited about the future with this currency
1-19-2020 Newshound Guru MilitiaMan Article: "Al-Fateh reveals an intention to elect the Prime Minister directly from the people" This is why imo there is no hold up with the PM in regards to monetary reforms. The caretaker government is in place and can facilitate the 2019 FML Amendment that was completed long before and even prior to the resignation of Mahdi! The elites and educated know this and will massage things in order to get a non dialectic Prime Minister. The Monetary Reforms will need to be met regardless now with the liquidity issues they’ll be facing shortly if not already now. Imo.
1-19-2020 Intel Guru Frank26 ...I feel IMO that the government of Iraq and the CBI are two different things. Separate male-female and yet ironically enough you need the two to create something beautiful. Life. The CBI is working on raising the value of the Iraqi dinar and the GOI is also working on cleaning itself out. Well it turns out that just 3 days ago Trump went into the CBI and they arrested people left and right. They're cleaning the swamp so that the country of Iraq can stand by itself and have their own currency and be proud of it. And that's what's going on right now...
1-19-2020 Newshound Guru MilitiaMan Article: "Deputy: The budget law will arrive in the coming hours in parliament" There is a difference between the 2020 Budget Law and the 2019 FML Amendment. Imo This is for and is to be used for after the exposure of the 2019 FML Amendment which will be the mechanism for international trade. In other words, our expectations will be met prior to ever opening the doors internationally. Here again it is said days before Mahdi resigned that the 2020 Budget law was signed before Mahdi resigned.. The powers that be behind the scenes know full well how the system works and have been prepared and on top of things even with all the antics thrown at them by the corrupt...
1-18-2020 Intel Guru Frank26 ...what if there was a date for the stoppage of the auctions? ...what if Trump gave the CBI a date of when to stop the auctions? ...if there is any possibility of that being true, it's over. Stopping the auction and restricting the American dollar to be used inside of Iraq. Wow. It would crush Iraq. They would fall to their knees financially. They'd have to raise the value quickly. So you stopped the auctions Mr. President, how long can they hold their breath? Probably as long as a human being can. 30 seconds if that...they would have no choice but to do something with their currency. Add value to it. Bring out the new small category notes. Change the exchange rate...this is a good and positive thing for the monetary reform....
1-18-2020 Newshound Guru MilitiaMan ...they will have to report at some point the rate for January, as that is a transparency issue for the world at large. A key indicator is that they massively reduced the note count and have populated the banks with new small category notes And fils now from what we here. What the data to me supports is that the credit transfers ceasing in the end September 2019, the loan modifications happening just a month later real close and the present the lack of some reporting by the CBI now of critical items aforementioned earlier (Nov 30) shows me the CBI has openly shown us that a significant rate change is coming soon!! ...In the end the evidence from the CBI supports imo, we are going to see them paid...Report and internationally accepted rate and have it reported by 01/31/2020, in my honest opinion that is 100% now, aside from an act of God ... and the CBI does exactly as they have shown they are doing! [post 2 of 2]
1-18-2020 Newshound Guru MilitiaMan Today we see an article about a company in Mosul having 10 offices to exchange again after many years both inside and out outside Iraq! They will need to be able to do so now, as this month’s exchange rate will need to be reported accordingly in regard to a rate! Imo The CBI published a rate for year end Dec 2019 at 1182 on December 31. They have not as of yesterday updated the data for Dec 2019 as they did for November 2019 for things like the reduction of money, the amount of money to commercial banks, yet. We know they modified those latter two on November 30th and published the modification on 12/08/2019...So it appears they are holding back reporting of those crucial numbers for a reason. Imo That is possibly because they can and will if need be for sensitivity related issues, such as a rate disclosure or exposure of any, and the timing of it or them accordingly, will be kept quiet until the very end. [post 1 of 2....stay tuned]
1-18-2020 Newshound Guru Kaperoni ...Guru Mtn Goat seems to think the CBI has issued a 100k dinar note. The CBI specifically stated several months ago their was no need for such a note and I have not heard or seen one in the public or press... [reference Guru Mnt Goat post 1-17-2020...Parts 1 & 2]
1-18-2020 Intel Guru Frank26 Now due to the article about many being arrested from the CBI this situation called the monetary reform it has turned into, insistence! It has turned into an insistence! NOW! [Guru] Walkingstick told me President Trump is putting pressure on them like you have no idea...
1-18-2020 Newshound/Intel Guru Mnt Goat ...I want to caution everyone in believing that Iraq needs a robust economy or that they need a partial or total reconstruction of their country to reinstate their currency...These ideas of needing a robust economy and a reconstructed Iraq is NOT the case. In fact, it is just the opposite. Iraq will need the funds from the reinstatement and the currency to attract investors and the funding for the reconstruction effort...Why in hell are we seeing all of a sudden, the US pushing to get rid of the Iranian influence and all its corrupt politicians from Iraq. Folks – it is time for the reinstatement and the US must secure its investment along with China. The CBI is ready and the world is ready for Iraq. It is time….
1-18-2020 Newshound Guru MilitiaMan ...they will have to report at some point the rate for January, as that is a transparency issue for the world at large. A key indicator is that they massively reduced the note count and have populated the banks with new small category notes And fils now from what we here. What the data to me supports is that the credit transfers ceasing in the end September 2019, the loan modifications happening just a month later real close and the present the lack of some reporting by the CBI now of critical items aforementioned earlier (Nov 30) shows me the CBI has openly shown us that a significant rate change is coming soon!! ...In the end the evidence from the CBI supports imo, we are going to see them paid...Report and internationally accepted rate and have it reported by 01/31/2020, in my honest opinion that is 100% now, aside from an act of God ... and the CBI does exactly as they have shown they are doing! [post 2 of 2]
1-18-2020 Newshound Guru MilitiaMan Today we see an article about a company in Mosul having 10 offices to exchange again after many years both inside and out outside Iraq! They will need to be able to do so now, as this month’s exchange rate will need to be reported accordingly in regard to a rate! Imo The CBI published a rate for year end Dec 2019 at 1182 on December 31. They have not as of yesterday updated the data for Dec 2019 as they did for November 2019 for things like the reduction of money, the amount of money to commercial banks, yet. We know they modified those latter two on November 30th and published the modification on 12/08/2019...So it appears they are holding back reporting of those crucial numbers for a reason. Imo That is possibly because they can and will if need be for sensitivity related issues, such as a rate disclosure or exposure of any, and the timing of it or them accordingly, will be kept quiet until the very end. [post 1 of 2....stay tuned]
1-18-2020 Newshound Guru Kaperoni ...Guru Mtn Goat seems to think the CBI has issued a 100k dinar note. The CBI specifically stated several months ago their was no need for such a note and I have not heard or seen one in the public or press... [reference Guru Mnt Goat post 1-17-2020...Parts 1 & 2]
1-18-2020 Intel Guru Frank26 Now due to the article about many being arrested from the CBI this situation called the monetary reform it has turned into, insistence! It has turned into an insistence! NOW! [Guru] Walkingstick told me President Trump is putting pressure on them like you have no idea...
1-18-2020 Newshound/Intel Guru Mnt Goat ...I want to caution everyone in believing that Iraq needs a robust economy or that they need a partial or total reconstruction of their country to reinstate their currency...These ideas of needing a robust economy and a reconstructed Iraq is NOT the case. In fact, it is just the opposite. Iraq will need the funds from the reinstatement and the currency to attract investors and the funding for the reconstruction effort...Why in hell are we seeing all of a sudden, the US pushing to get rid of the Iranian influence and all its corrupt politicians from Iraq. Folks – it is time for the reinstatement and the US must secure its investment along with China. The CBI is ready and the world is ready for Iraq. It is time….
1-17-2020 Newshound/Intel Guru BGG Article: "The Central Bank of Iraq file … an employee reveals the hidden" Quote: “White House sources assured her that the US administration has started investigations with senior influential employees of the Central Bank of Iraq after it became clear that pro-Iranian banks are trying to break US economic sanctions by smuggling the dollar to Iran and its allies in the region.” Once the US gets serious about putting pressure on Iran through the CBI (of Iraq), it could well mean good news for us… with any luck at all. The end of the CBI currency auctions, which is the main door through which Iran transports US dollars into their economy, means the beginning of economic and currency reform in Iraq. This scenario may turn out to be the “Golden Unicorn” for us.
1-17-2020 Intel Guru Bruce [via WiserNow] ...we’re going to take you all the way to the end of this line...through the finish line – we know the finish is close...we’ve got a 3 day weekend coming up...We are probably going to start Tuesday with [800] numbers late morning and start of exchanges a couple hours later – that’s the scenario we’re hearing right now...Iraq is supposed to finally RV their currency Saturday and put their new rate in the gazette – FINALLY...we heard this a couple days ago that Saturday was supposed to be the day - that Iraq will do a full revaluation...I think we are really set to start...We’re in good shape...
1-17-2020 Newshound/Intel Guru Mnt Goat However, the banks could not circulate these 50k and 100k notes and they are meant only for “inter-banking” transactions ONLY. In other words, they do not go out to the general public and are ONLY to be used within the banks. Why would they need such large denominations? They need them now because they are getting ready for the “international Monetary Exchange” between countries. If they are going to shut off currency auctions and use strictly Iraqi dinar, they will need these much larger denominations. ...This is part of the overall monetary reform plan...No, we didn’t get our reinstatement yet but we did get this VERY good news this week. Things are still moving ahead and will continue until the day they pull the trigger. [post 2 of 2]
1-17-2020 Newshound/Intel Guru Mnt Goat There is some good news this week. ...when the banks turn in the larger 3 zero notes they get a “credit” from the CBI. This means the CBI owes them the sum of the balance of what they just turned in...So, this week the CBI started issuing 50k and 100k notes to the banks to satisfy these credits. Folks this is...really fantastic news for us. If you remember the 50k notes were already issued way back in 2003 but were quickly recalled since they did not serve their purpose at that time. Next remember we have been told many times that these larger 3 zero notes will “coincide” with the smaller category notes. So, these 50k and 100k notes fit right into what the CBI has been telling us all along. The best part of this story is they are NOW doing it. WOW! Are they getting ready for something? [post 1 of 2....stay tuned]
1-17-2020 Intel Guru MarkZ [via PDK] This morning they [Redemption Centers] are on call…not fully staffed today... Folks I talked with are now looking at early next week. I know we are close...and every time we have a 3 day weekend we all wonder “is this it?” My banking contacts still say we are here…right on top of it…but they have notoriously been wrong. Do I think they deliberately give me bad information? I think they have been given wrong information many times… [I think they (banks) smell...the frustration of people wanting to give up.] I agree…they smell how close this is...
1-17-2020 Newshound Guru Jeff It only cost Iraq $15 to extract oil out of the ground. Fifteen bucks for a barrel of oil and they're turning around selling it...around $65 a barrel...their deficit is under control...so we're looking good...
1-17-2020 Newshound Guru Kaperoni ...The auctions are still a problem and must continue for now to maintain stability of the exchange rate. The daily currency auctions cannot end until the CBI accepts IMF Article VIII and begins floating the dinar. [Reference Guru Frank26 two part post 1-16-2020]
1-17-2020 Intel Guru Bruce [via WiserNow] ...we’re going to take you all the way to the end of this line...through the finish line – we know the finish is close...we’ve got a 3 day weekend coming up...We are probably going to start Tuesday with [800] numbers late morning and start of exchanges a couple hours later – that’s the scenario we’re hearing right now...Iraq is supposed to finally RV their currency Saturday and put their new rate in the gazette – FINALLY...we heard this a couple days ago that Saturday was supposed to be the day - that Iraq will do a full revaluation...I think we are really set to start...We’re in good shape...
1-17-2020 Newshound/Intel Guru Mnt Goat However, the banks could not circulate these 50k and 100k notes and they are meant only for “inter-banking” transactions ONLY. In other words, they do not go out to the general public and are ONLY to be used within the banks. Why would they need such large denominations? They need them now because they are getting ready for the “international Monetary Exchange” between countries. If they are going to shut off currency auctions and use strictly Iraqi dinar, they will need these much larger denominations. ...This is part of the overall monetary reform plan...No, we didn’t get our reinstatement yet but we did get this VERY good news this week. Things are still moving ahead and will continue until the day they pull the trigger. [post 2 of 2]
1-17-2020 Newshound/Intel Guru Mnt Goat There is some good news this week. ...when the banks turn in the larger 3 zero notes they get a “credit” from the CBI. This means the CBI owes them the sum of the balance of what they just turned in...So, this week the CBI started issuing 50k and 100k notes to the banks to satisfy these credits. Folks this is...really fantastic news for us. If you remember the 50k notes were already issued way back in 2003 but were quickly recalled since they did not serve their purpose at that time. Next remember we have been told many times that these larger 3 zero notes will “coincide” with the smaller category notes. So, these 50k and 100k notes fit right into what the CBI has been telling us all along. The best part of this story is they are NOW doing it. WOW! Are they getting ready for something? [post 1 of 2....stay tuned]
1-17-2020 Intel Guru MarkZ [via PDK] This morning they [Redemption Centers] are on call…not fully staffed today... Folks I talked with are now looking at early next week. I know we are close...and every time we have a 3 day weekend we all wonder “is this it?” My banking contacts still say we are here…right on top of it…but they have notoriously been wrong. Do I think they deliberately give me bad information? I think they have been given wrong information many times… [I think they (banks) smell...the frustration of people wanting to give up.] I agree…they smell how close this is...
1-17-2020 Newshound Guru Jeff It only cost Iraq $15 to extract oil out of the ground. Fifteen bucks for a barrel of oil and they're turning around selling it...around $65 a barrel...their deficit is under control...so we're looking good...
1-17-2020 Newshound Guru Kaperoni ...The auctions are still a problem and must continue for now to maintain stability of the exchange rate. The daily currency auctions cannot end until the CBI accepts IMF Article VIII and begins floating the dinar. [Reference Guru Frank26 two part post 1-16-2020]
1-16-2020 Newshound Guru Jeff ...Parliament is going to be implementing about a month and a half long recess so they'll probably resume somewhere around early March...IMO I feel that what that is telling us is that they are not or can not even start the approval process of the budget until after the rate has changed...everything within Iraq right now is waiting on the rate change. The budget is waiting on the rate change now. All of the demonstrators demands are waiting on the rate change. Everything they did through the entire freaking year of '19 is waiting on the rate change. Guys it does not get any better than that. We're looking good...
1-16-2020 Newshound/Intel Guru Mnt Goat ...I know for a FACT that the corruption in Iraq has to be curbed in order for the reinstatement to take place. They need a stable government and to ensure the wealth of Iraq stays within Iraq... I...told everyone that my last talk with the CBI said that they were still moving along with the “project to delete the zeros” in spite of the turmoil with the government. Remember there are two parallel paths moving along. One path is the financial reforms of the CBI and the other is what the government has to do to support it. The path of the government is along the lines of security and stability. So, do you really think Iraq has a stable government right now? ...This could suddenly change but not yet. I know many of you are expecting me to give some sort of new timeline today but...I can not give a timeline since the prime minister first has to be nominated and then ratified in parliament. Once this is done, I will contact the CBI and see what I can find out. Now you know they will never give me an exact time but they do give me information that leads me to conclude what they might be up to. So, we sit and wait.
1-16-2020 Intel Guru MarkZ [via PDK] [...the CBI had many of their employees arrested today. Four major ones. And one that owned a bank...What was the results? Money was being sent to Iran...is the big reason why Donald Trump will stop the auctions...and that alone will force Iraq to do what you and I want them to do with the monetary reform.] ...I have not had a chance to follow up on that yet. I was told awhile ago that part of the reason this has drug out so long is Iranian influence in Iraq...and corruption in the CBI… I was told that part of the flare up in Iraq was removing the Iranian influence before the reset. So this is probably a good thing… [Reference Guru Frank26 two part post 1-16-2020]
1-16-2020 Newshound Guru Adam Montana POP QUIZ TIME! Who is the Prime Minister of Iraq? (Insert Jeopardy music...) Ok, time's up. The answer is: Abdul Mahdi! ...Yep, Abdul Mahdi. The same guy that was supposed to be replaced. Then the President of Iraq was also going to resign, and there was 15 days to resolve it all...Mahdi, who should have been replaced by now, is not looking like a PM that is on the way out! As a matter of fact...it looks to me like the whole resignation thing is almost blown over and forgotten. Maybe that was the plan from the beginning, or maybe it just worked out that way, but I stated back in November that I like Mahdi in his role. If he does indeed end up staying - and continues to actually govern...he's still a good person for that role, very capable of orchestrating the situation we need for a successful RV...closer and closer we inch, every single day!...
1-16-2020 Intel/Newshound Guru Frank26 ...IMO Trump is insisting to stop the usage of the American dollar through their auctions. Why? To play fair...what is happening is the reason why the auction are about to be shut down. What happens if they shut down the auctions? They have to use their own currency...you shut down those auctions President Trump and you force them to raise the value of their currency. You timed this brilliantly. Freaking brilliantly. [Post 2 of 2]
1-16-2020 Intel Guru MarkZ [via PDK] Not as noisy as I had expected after the trade deal yesterday…Just more static that we are right here on it and for us to be patient a little while longer. I was just really expecting a lot more after yesterday. I was expecting 800 numbers… I am still hearing things will be rolling out the next couple days. Redemption Centers are still fully staffed today...Iraqi contacts are still looking at the new rate to happen by Saturday Morning...
1-16-2020 Intel/Newshound Guru Frank26 ...the CBI had many of their employees arrested today. Four major ones. And one that owned a bank...What was the results? Money was being sent to Iran...what happened today...is the big reason why Donald Trump will stop the auctions...and that alone will force Iraq do do what you and I want them to do with the monetary reform...this will force their hand to do something to maintain the exchange rate that is stable right now by the sale of the American dollar through the auctions...this will force Iraq to lift the three zeros. It will force them to come out with the new small category notes, to have the new exchange rate come out... [Post 1 of 2]
1-16-2020 Newshound/Intel Guru Mnt Goat ...I know for a FACT that the corruption in Iraq has to be curbed in order for the reinstatement to take place. They need a stable government and to ensure the wealth of Iraq stays within Iraq... I...told everyone that my last talk with the CBI said that they were still moving along with the “project to delete the zeros” in spite of the turmoil with the government. Remember there are two parallel paths moving along. One path is the financial reforms of the CBI and the other is what the government has to do to support it. The path of the government is along the lines of security and stability. So, do you really think Iraq has a stable government right now? ...This could suddenly change but not yet. I know many of you are expecting me to give some sort of new timeline today but...I can not give a timeline since the prime minister first has to be nominated and then ratified in parliament. Once this is done, I will contact the CBI and see what I can find out. Now you know they will never give me an exact time but they do give me information that leads me to conclude what they might be up to. So, we sit and wait.
1-16-2020 Intel Guru MarkZ [via PDK] [...the CBI had many of their employees arrested today. Four major ones. And one that owned a bank...What was the results? Money was being sent to Iran...is the big reason why Donald Trump will stop the auctions...and that alone will force Iraq to do what you and I want them to do with the monetary reform.] ...I have not had a chance to follow up on that yet. I was told awhile ago that part of the reason this has drug out so long is Iranian influence in Iraq...and corruption in the CBI… I was told that part of the flare up in Iraq was removing the Iranian influence before the reset. So this is probably a good thing… [Reference Guru Frank26 two part post 1-16-2020]
1-16-2020 Newshound Guru Adam Montana POP QUIZ TIME! Who is the Prime Minister of Iraq? (Insert Jeopardy music...) Ok, time's up. The answer is: Abdul Mahdi! ...Yep, Abdul Mahdi. The same guy that was supposed to be replaced. Then the President of Iraq was also going to resign, and there was 15 days to resolve it all...Mahdi, who should have been replaced by now, is not looking like a PM that is on the way out! As a matter of fact...it looks to me like the whole resignation thing is almost blown over and forgotten. Maybe that was the plan from the beginning, or maybe it just worked out that way, but I stated back in November that I like Mahdi in his role. If he does indeed end up staying - and continues to actually govern...he's still a good person for that role, very capable of orchestrating the situation we need for a successful RV...closer and closer we inch, every single day!...
1-16-2020 Intel/Newshound Guru Frank26 ...IMO Trump is insisting to stop the usage of the American dollar through their auctions. Why? To play fair...what is happening is the reason why the auction are about to be shut down. What happens if they shut down the auctions? They have to use their own currency...you shut down those auctions President Trump and you force them to raise the value of their currency. You timed this brilliantly. Freaking brilliantly. [Post 2 of 2]
1-16-2020 Intel Guru MarkZ [via PDK] Not as noisy as I had expected after the trade deal yesterday…Just more static that we are right here on it and for us to be patient a little while longer. I was just really expecting a lot more after yesterday. I was expecting 800 numbers… I am still hearing things will be rolling out the next couple days. Redemption Centers are still fully staffed today...Iraqi contacts are still looking at the new rate to happen by Saturday Morning...
1-16-2020 Intel/Newshound Guru Frank26 ...the CBI had many of their employees arrested today. Four major ones. And one that owned a bank...What was the results? Money was being sent to Iran...what happened today...is the big reason why Donald Trump will stop the auctions...and that alone will force Iraq do do what you and I want them to do with the monetary reform...this will force their hand to do something to maintain the exchange rate that is stable right now by the sale of the American dollar through the auctions...this will force Iraq to lift the three zeros. It will force them to come out with the new small category notes, to have the new exchange rate come out... [Post 1 of 2]
1-15-2020 Intel Guru Frank26 [From Eddie (Firefly77) They are telling us on TV that The International Management law that was passed is a tool to be used when the rate is changed...relating to International Standards.] Wow. Let that sink in…the International Management law that was passed yesterday (amended) It was passed a while ago and the caretaker Govt. can only amend it….but they are telling the Iraqi citizens on TV that this law is a tool that will be used when the rate is changed!!! WHEN THE RATE IS CHANGED!!!! Relating to international standards!! In order for it to meet international standards it must be under article 8...seriously that is awesome.
1-15-2020 Intel Guru Bruce [via WiserNow] Now, what I’ve been told from several sources...is, shortly after the signature takes place...we do believe that we are on track for this to go...We’ve got 10-12 days to do our exchanges at the redemption centers – From whatever date we start...and then they will reset screen rates and so on for the public after the redemption centers are closed...We have the RV / GCR in our spirit – all we’re looking for now is the manifestation of it which we believe could very well be tomorrow [Wednesday]. [post 2 of 2]
1-15-2020 Intel Guru Bruce [via WiserNow] ...our Treasury Secretary - Mnuchin said that there was a chapter in the China Trade Agreement – One chapter that dealt with currencies...we know there are some things in that agreement that deal with our currencies - okay - I thought it was interesting that he brought that up in the interview...So, what I’m saying is; When President Trump puts his presidential signature and seal to this agreement tomorrow that in effect is locking in everything for us to move forward into our redemption period... [post 1 of 2....stay tuned]
1-15-2020 Intel Guru MarkZ Big expectant day today…China Trade deal signing today…All eyes and sources are fixed on this afternoon for things to break loose. My sources say the public signing is necessary for the reset release. At redemption Centers – they are fully staffed again today…going on week number 2 for full staffing…they are very expectant this week. I really feel we are in a fantastic spot today.
1-15-2020 Newshound Guru Jeff ...I spoke with my Iraqi contact who works within the Iraqi government...I asked him...could Iraq be transitioning to a different fiscal period from April through March? ...He could not give me an answer either way...the next question I asked him was, their 'when do you think Iraq might be completing 2020 budget' and he said they're gonna probably get to it a little bit later this year. They're just busy. They have a lot going on. He said they probably won't be completing the 2020 budget until the month of May...that raised a red flag with me. Here's what that might mean...there's a good chance that the Iraqi Government might not even start the voting process on the budget until after the rate changes which means they might not even start the budget until the month of April.
1-15-2020 Newshound Guru Kaperoni ...Can the dinar go up in value? Yes, and it may once they start getting a substantial amount of investment coming in to help rebuild the country. There is no overnight RV.
1-15-2020 Intel Guru Bruce [via WiserNow] Now, what I’ve been told from several sources...is, shortly after the signature takes place...we do believe that we are on track for this to go...We’ve got 10-12 days to do our exchanges at the redemption centers – From whatever date we start...and then they will reset screen rates and so on for the public after the redemption centers are closed...We have the RV / GCR in our spirit – all we’re looking for now is the manifestation of it which we believe could very well be tomorrow [Wednesday]. [post 2 of 2]
1-15-2020 Intel Guru Bruce [via WiserNow] ...our Treasury Secretary - Mnuchin said that there was a chapter in the China Trade Agreement – One chapter that dealt with currencies...we know there are some things in that agreement that deal with our currencies - okay - I thought it was interesting that he brought that up in the interview...So, what I’m saying is; When President Trump puts his presidential signature and seal to this agreement tomorrow that in effect is locking in everything for us to move forward into our redemption period... [post 1 of 2....stay tuned]
1-15-2020 Intel Guru MarkZ Big expectant day today…China Trade deal signing today…All eyes and sources are fixed on this afternoon for things to break loose. My sources say the public signing is necessary for the reset release. At redemption Centers – they are fully staffed again today…going on week number 2 for full staffing…they are very expectant this week. I really feel we are in a fantastic spot today.
1-15-2020 Newshound Guru Jeff ...I spoke with my Iraqi contact who works within the Iraqi government...I asked him...could Iraq be transitioning to a different fiscal period from April through March? ...He could not give me an answer either way...the next question I asked him was, their 'when do you think Iraq might be completing 2020 budget' and he said they're gonna probably get to it a little bit later this year. They're just busy. They have a lot going on. He said they probably won't be completing the 2020 budget until the month of May...that raised a red flag with me. Here's what that might mean...there's a good chance that the Iraqi Government might not even start the voting process on the budget until after the rate changes which means they might not even start the budget until the month of April.
1-15-2020 Newshound Guru Kaperoni ...Can the dinar go up in value? Yes, and it may once they start getting a substantial amount of investment coming in to help rebuild the country. There is no overnight RV.
1-14-2020 Newshound Guru Jeff Article "Al-Suri: closing the US Federal Account for Iraq means the country's total collapse" ...this article confirms that the oil revenue account is in the Federal Reserve Bank in New York...the US government has control over Iraq's wealth. There it is right there. Boom...this confirms Iraq's oil money is in the hands of the US government and we control it because of all the corruption they've had over the years...
1-14-2020 Newshound/Intel Guru Francis Albert I believe that the way this is structured, and only an opinion...Your Dinar, actual paper, will be presented to a bank who deals in International currencies, and they will exchange Dollars, (digital), to your account. Banks create these dollars on a computer. This is where the bulk of the "money" will come from. All currencies are debt instruments, all of them. And being a debt instrument, banks, and of course the FED that they own, monetize debt instruments...creating digital dollars on a computer and exchanging for the note in question: i.e. mortgage, care loan, credit card, and currencies. These actual notes then, IMO, will end up at US Treasury, via the FED, who takes a cut, of course..and then UST will eventually exchange the Dinar to Iraq until the end of time for oil. And this, IMO, is the process Bush43 was talking about when he says, "iraq will pay for the war..."
1-14-2020 Intel Guru Frank26 ...the Central Bank of Iraq is opening up 4 accounts with federal banks in the US...in order to expedite the deals done with China. Lord God Almighty how big must these accounts be? Those are 4 big giant platforms being used...these accounts were made for one thing. China deal...Iraq is about to explode big time...
1-14-2020 Newshound/Intel Guru Mnt Goat Article quote: "Iraqi politician and former Nineveh governor, Atheel al-Nujaifi, indicated on Sunday that SAVING IRAQ FROM ECONOMIC SANCTIONS is the people's first demand." ...Iraq really does not want to go down this road of sanctions again. They have experienced this before and it is not good. Of course the pro-Iranian politicians don’t give a shit and would allow this to occur. This would be feeding right into what they want for Iraq. They do not want Iraq to prosper. They want to continue the currency auctions indefinitely and this is why it is so hard to stop them. Once this Iranian power hold is gone we will see the reinstatement occur very quickly. It is now happening.
1-14-2020 Intel Guru MarkZ Almost every source I have is looking at big things happening right after the China Trade deal is signed tomorrow…I am trying to manage my expectations…but sources are sure excited...In Iraq, we are told that they are expecting to have a new published rate by Saturday morning. [Hearing any news on rates lately?] I am hearing the contract rate on the dinar could be as high as $8…street rate in the high $3’s or low $4’s possibly…I hear that contract rate could be as high as $2+ on the Dong with a .47 street rate which could float up to $2+… Tomorrow looks like will be a big day
1-14-2020 Newshound Guru Jeff ...everything is looking really good. Iraq just keeps showing us with more additional news frequently that they've got to get that rate changed. Everything looks good for us. We're on the right track. A little more time needed of course. You guys know that the number one thing that I personally feel we're waiting on from facts is just the 2020 budget. They'll probably only need about two months to get the budget done and approved...they're hiding it from us. They don't want us to see it because it's a very important key piece to the puzzle. IMO it's the last piece of the puzzle right now. Let's see what happens...
1-14-2020 Intel Guru Frank26 ...the CBI has no problems with the protesting. The CBI has no problems with the Iranian influence because the CBI is well protected. The CBI has supercomputers. The CBI has the new small category notes. The CBI has the new rate...all of this is IMO. So what does the CBI have to worry about? Nothing. So they go about their business and what they are doing is revealing their business. The latest thing they did was told the banks of Iraq...we are going to retrieve what you collected from the streets. The three zeros [notes].
1-14-2020 Newshound Guru chattels The much talked about 35 billion of Iraq's money held in the USA and the subject of a recent tweet by President Trump is likely the Development Fund for Iraq (DFI) in Federal Bank’s New York branch. These are dollars from the sale of Iraqi oil, IMO.
1-14-2020 Newshound/Intel Guru Francis Albert I believe that the way this is structured, and only an opinion...Your Dinar, actual paper, will be presented to a bank who deals in International currencies, and they will exchange Dollars, (digital), to your account. Banks create these dollars on a computer. This is where the bulk of the "money" will come from. All currencies are debt instruments, all of them. And being a debt instrument, banks, and of course the FED that they own, monetize debt instruments...creating digital dollars on a computer and exchanging for the note in question: i.e. mortgage, care loan, credit card, and currencies. These actual notes then, IMO, will end up at US Treasury, via the FED, who takes a cut, of course..and then UST will eventually exchange the Dinar to Iraq until the end of time for oil. And this, IMO, is the process Bush43 was talking about when he says, "iraq will pay for the war..."
1-14-2020 Intel Guru Frank26 ...the Central Bank of Iraq is opening up 4 accounts with federal banks in the US...in order to expedite the deals done with China. Lord God Almighty how big must these accounts be? Those are 4 big giant platforms being used...these accounts were made for one thing. China deal...Iraq is about to explode big time...
1-14-2020 Newshound/Intel Guru Mnt Goat Article quote: "Iraqi politician and former Nineveh governor, Atheel al-Nujaifi, indicated on Sunday that SAVING IRAQ FROM ECONOMIC SANCTIONS is the people's first demand." ...Iraq really does not want to go down this road of sanctions again. They have experienced this before and it is not good. Of course the pro-Iranian politicians don’t give a shit and would allow this to occur. This would be feeding right into what they want for Iraq. They do not want Iraq to prosper. They want to continue the currency auctions indefinitely and this is why it is so hard to stop them. Once this Iranian power hold is gone we will see the reinstatement occur very quickly. It is now happening.
1-14-2020 Intel Guru MarkZ Almost every source I have is looking at big things happening right after the China Trade deal is signed tomorrow…I am trying to manage my expectations…but sources are sure excited...In Iraq, we are told that they are expecting to have a new published rate by Saturday morning. [Hearing any news on rates lately?] I am hearing the contract rate on the dinar could be as high as $8…street rate in the high $3’s or low $4’s possibly…I hear that contract rate could be as high as $2+ on the Dong with a .47 street rate which could float up to $2+… Tomorrow looks like will be a big day
1-14-2020 Newshound Guru Jeff ...everything is looking really good. Iraq just keeps showing us with more additional news frequently that they've got to get that rate changed. Everything looks good for us. We're on the right track. A little more time needed of course. You guys know that the number one thing that I personally feel we're waiting on from facts is just the 2020 budget. They'll probably only need about two months to get the budget done and approved...they're hiding it from us. They don't want us to see it because it's a very important key piece to the puzzle. IMO it's the last piece of the puzzle right now. Let's see what happens...
1-14-2020 Intel Guru Frank26 ...the CBI has no problems with the protesting. The CBI has no problems with the Iranian influence because the CBI is well protected. The CBI has supercomputers. The CBI has the new small category notes. The CBI has the new rate...all of this is IMO. So what does the CBI have to worry about? Nothing. So they go about their business and what they are doing is revealing their business. The latest thing they did was told the banks of Iraq...we are going to retrieve what you collected from the streets. The three zeros [notes].
1-14-2020 Newshound Guru chattels The much talked about 35 billion of Iraq's money held in the USA and the subject of a recent tweet by President Trump is likely the Development Fund for Iraq (DFI) in Federal Bank’s New York branch. These are dollars from the sale of Iraqi oil, IMO.
1-13-2020 Intel/Newshound Guru sandyf Trump said: "We have a lot of their money. There is $35 billion in an account." Guru chattels quote: "My read/take is that Trump said that there is 35 billion dollars in an account belonging to Iraq. That does not mean to me that there is 35 trillion IQD in an account." You are quite right, the accounts show investments held by the CBI in foreign banks, these investments would not be IQD but local currency. Figures are from 2018 accounts and in millions of IQD, so assets to the value of approx 38T IQD in the Bank of New York.
1-13-2020 Newshound Guru Jeff ...the dinar that we the investors hold will go from our banks back to our US Treasury and be put into our reserves, just to back the value of the US dollar...the dinar that's outside of Iraq, the Central Bank doesn't care about that. Plus the dinar is not currently internationally recognized at this time. You can't use it outside of Iraq...the dinar that's outside of Iraq will go back to each country's central bank and become a reserve foreign currency to that's country's central bank...Iraq does not have a lot of dinar in circulation. Because again it's useless outside their country...this was all put together by design.
1-13-2020 Intel Guru MarkZ Very quiet weekend news wise...contacts in Iraq very, very positive... Banking contacts extremely positive...
1-13-2020 Intel Guru Frank26 ...the 50K and the 100K they didn't just print them a few months ago...this was part of the plan a long time ago and it was part of the calculations but more importantly I want you to know this is part of the note count...as soon as they [The CBI] get the 25K notes from the banks for these 50K and 100K the CBI will burn the 25K notes...they are taking inventory of their note count so they can move forward and they're doing it by giving the 50 and 100 to the banks...
1-13-2020 Newshound Guru Jeff ...this was submitted to the US Treasury under the Freedom of Information Act. We had asked them how much Iraq dinar does the US Federal Reserve Treasury hold within its reserves? They had responded back to our request...They said in excess of 20 Trillion Iraqi dinar...
1-13-2020 Intel Guru Bruce [via WiserNow] ...the QFS System – The Quantum Financial System is a new system that we, as far as I can tell right now has completely transitioned over to from the Swift System...Two benefits for us - 2 benefits that come out immediately...No 1 the speed of transfers and they use the term ledger to ledger ...can occur in 28 – 52 seconds; even globally – around the world – that is fantastic speed – No longer will the banks hold our money while a wire is coming in or say well it’s going to take 9 days or 11 days to get here – those days are gone - We are under a new banking system...
1-13-2020 Intel Guru Frank26 ...the rate doesn't need the budget, the budget needs the rate. The RI is simply waiting for the budget, waiting for the GOI, waiting for the garbage out there to stop. Let's stop the protesting and the killing and see what else we can can do here...
1-13-2020 Newshound Guru MilitiaMan Article: "Parliamentary Finance: The 2020 budget ncludesi the payment of the last payment of Kuwait's debts" Quote: "the total amounts of the Iraqi budget for the year 2020 amount to fifty trillion Iraqi dinars..." ...that is a big change from the total 160 - 165 Trillion of the past If I recall. Hmm... Drop the Zeros, and it is in billions, just as they said their goal was if I recall that right!
1-13-2020 Newshound Guru Jeff ...the dinar that we the investors hold will go from our banks back to our US Treasury and be put into our reserves, just to back the value of the US dollar...the dinar that's outside of Iraq, the Central Bank doesn't care about that. Plus the dinar is not currently internationally recognized at this time. You can't use it outside of Iraq...the dinar that's outside of Iraq will go back to each country's central bank and become a reserve foreign currency to that's country's central bank...Iraq does not have a lot of dinar in circulation. Because again it's useless outside their country...this was all put together by design.
1-13-2020 Intel Guru MarkZ Very quiet weekend news wise...contacts in Iraq very, very positive... Banking contacts extremely positive...
1-13-2020 Intel Guru Frank26 ...the 50K and the 100K they didn't just print them a few months ago...this was part of the plan a long time ago and it was part of the calculations but more importantly I want you to know this is part of the note count...as soon as they [The CBI] get the 25K notes from the banks for these 50K and 100K the CBI will burn the 25K notes...they are taking inventory of their note count so they can move forward and they're doing it by giving the 50 and 100 to the banks...
1-13-2020 Newshound Guru Jeff ...this was submitted to the US Treasury under the Freedom of Information Act. We had asked them how much Iraq dinar does the US Federal Reserve Treasury hold within its reserves? They had responded back to our request...They said in excess of 20 Trillion Iraqi dinar...
1-13-2020 Intel Guru Bruce [via WiserNow] ...the QFS System – The Quantum Financial System is a new system that we, as far as I can tell right now has completely transitioned over to from the Swift System...Two benefits for us - 2 benefits that come out immediately...No 1 the speed of transfers and they use the term ledger to ledger ...can occur in 28 – 52 seconds; even globally – around the world – that is fantastic speed – No longer will the banks hold our money while a wire is coming in or say well it’s going to take 9 days or 11 days to get here – those days are gone - We are under a new banking system...
1-13-2020 Intel Guru Frank26 ...the rate doesn't need the budget, the budget needs the rate. The RI is simply waiting for the budget, waiting for the GOI, waiting for the garbage out there to stop. Let's stop the protesting and the killing and see what else we can can do here...
1-13-2020 Newshound Guru MilitiaMan Article: "Parliamentary Finance: The 2020 budget ncludesi the payment of the last payment of Kuwait's debts" Quote: "the total amounts of the Iraqi budget for the year 2020 amount to fifty trillion Iraqi dinars..." ...that is a big change from the total 160 - 165 Trillion of the past If I recall. Hmm... Drop the Zeros, and it is in billions, just as they said their goal was if I recall that right!
1-12-2020 Newshound Guru MilitiaMan Article quote: "The contribution to achieving development and attracting foreign investment" They don't attract much in the form of foreign investment at a program rate. The recent meetings at the CBI this week have clearly shown they are moving on with their monetary reform road map and that is to get reconstruction underway. The China deal with 100,000 barrels day to provide exactly that was just inked the other day. ...I am fairly sure they are telling us they are effectively ready to get the show on the road...Will the UST, WB, IMF, BIS and WTO be looking for them to do so? I would say absolutely they are...It is all about the money, jobs, etc...imo!
1-12-2020 Newshound Guru Kaperoni [Iraq's currency regained its footing after a few shaky days last week. IQD/USD back to pre-crisis level at banks and money changers. Thus far extent of capital flight seems limited- a good development for Iraqi people if it holds.] Yes, back in compliance. But will this period require another 90 days?
1-12-2020 Intel Guru Footforward [reference Newsflash/video 1-11-2020] He [Trump] said "their" currency. I would think that means dinar...
1-12-2020 Newshound Guru chattels Trump said: "We have a lot of their money. There is $ 35 billion in an account." My read / take is that Trump said that there is 35 billion dollars in an account belonging to Iraq. That does not mean to me that there is 35 trillion IQD in an account.
1-12-2020 Newshound Guru Jeff Article "Deputy: The vote on amending the Financial Management Law will address the problem of the delay in approving the budge". ...they're basically telling you right now that they amended to finalize the Financial Management Law...What they're telling you is that the 2020 budget is most likely going to be applied to international currency so it has to adhere to international standards...they're telling you Iraq is going international with this 2020 budget...
1-12-2020 Newshound Guru MilitiaMan The table is about to be set. Trade deal inked with Iraq and China already, then the Cookie gets Icing next week with the USA and China trade deal too. I don't know for sure, but I have a strong feeling there is no coincidence's about these to events taking place now. Even the CBI has told us they reduced the note count, they even show in their spread sheets on the Arabic side (per Delta) that they have paid for the recent new printing of money to the tune of approximately $190 million +- over the last year or so. There were and are videos...that showed the process of what they are doing with the large notes. They were and may still be destroying them...In the video they were not showing worn and torn notes. They were showing good quality 25k notes and in very large quantities. The CBI website shows in the Charts the reduction. Charts on that site are for international use and they are extremely accurate for many reasons too.
1-12-2020 Newshound Guru Kaperoni [Iraq's currency regained its footing after a few shaky days last week. IQD/USD back to pre-crisis level at banks and money changers. Thus far extent of capital flight seems limited- a good development for Iraqi people if it holds.] Yes, back in compliance. But will this period require another 90 days?
1-12-2020 Intel Guru Footforward [reference Newsflash/video 1-11-2020] He [Trump] said "their" currency. I would think that means dinar...
1-12-2020 Newshound Guru chattels Trump said: "We have a lot of their money. There is $ 35 billion in an account." My read / take is that Trump said that there is 35 billion dollars in an account belonging to Iraq. That does not mean to me that there is 35 trillion IQD in an account.
1-12-2020 Newshound Guru Jeff Article "Deputy: The vote on amending the Financial Management Law will address the problem of the delay in approving the budge". ...they're basically telling you right now that they amended to finalize the Financial Management Law...What they're telling you is that the 2020 budget is most likely going to be applied to international currency so it has to adhere to international standards...they're telling you Iraq is going international with this 2020 budget...
1-12-2020 Newshound Guru MilitiaMan The table is about to be set. Trade deal inked with Iraq and China already, then the Cookie gets Icing next week with the USA and China trade deal too. I don't know for sure, but I have a strong feeling there is no coincidence's about these to events taking place now. Even the CBI has told us they reduced the note count, they even show in their spread sheets on the Arabic side (per Delta) that they have paid for the recent new printing of money to the tune of approximately $190 million +- over the last year or so. There were and are videos...that showed the process of what they are doing with the large notes. They were and may still be destroying them...In the video they were not showing worn and torn notes. They were showing good quality 25k notes and in very large quantities. The CBI website shows in the Charts the reduction. Charts on that site are for international use and they are extremely accurate for many reasons too.
1-11-2020 *** Dinar Guru News Flash *** For the second time in a week President Trump speaks about Iraq. In last night's interview President Trump was asked, "Do you think Iraq should repay the American taxpayers for these bases...for what we've done there?" His answer was very surprising. President Trump revealed how much of Iraq's money the U.S. holds in an account. You can watch the interview above...the question begins at the 14:22 mark. Stay tuned as the gurus chime in on this very interesting revelation. The latest guru posts will continue below...
1-11-2020 Intel Guru Frank26 ...all the education is being given to the banks so they can be in accordance with the new exchange rate. It's exciting, all these little telltale signs because to me this can point to only one thing, an RI is happening. There is no denial about it. And I am very grateful for it.
1-11-2020 Newshound Guru Jeff ...they keep telling you a lot of post rate change items are inside the 2020 budget which links the 2020 budget to the rate change. Now I want to stress to you budgets do not contain rates...they're linked to the rate. The difference is if the 2020 budget was calculated at the old value it's calculated in trillions of dinar. If the 2020 budget was calculated at the rate change it would be calculated in billions of dinar hence the deletion of the zeros transitioning from trillions to billions...
1-11-2020 Intel Guru Delta ...there is something I'd like to clear up here. It's not the one or two days that they [ the CBI] is out of compliance [With the IMF 2% rule] that's a big deal and they have to start from scratch. They [the IMF] go by monthly average. So the monthly average has to be no more than 1213 [Market rate]. That's about the 2% compliance with 1190 [Official Rate]... [Note: You can always see the CBI's official and market rate for the dinar in the left column of this page]
1-11-2020 Intel Guru Frank26 ...[Guru] Walkingstick's banks are obeying the CBI and they're going to turn in all the 3 zeros [notes] they've got and they are going to get back the equivalent but not in new small category notes because they've already been delivered...
1-11-2020 Newshound Guru chattels While I remain hopeful that some day there will be an increase in the value of the dinar, I am not optimistic in the near term. My usual optimism in the first quarter is suppressed by the same old issues and now the threat of war and / or economic sanctions...
1-11-2020 Newshound Guru MilitiaMan Yesterday, the CBI Governor, ITB, Finance Minister, etc., told us they were going to protect the currency internally and externally. That is meaning to me, they have the mechanisms in place to do so. One mechanism would be to stop the MCPs and raising the rate of the IQD. The supply and demand will equalize over time, it may only take a couple weeks once they do? Regardless, that sort of support is a requirement by the IMF for completion and ascension into a market economy, imo. Iraq has been given orders to complete the MR process and they clearly are making that very apparent...that is exactly what they are doing!!! imo.
1-11-2020 Newshound Guru Jeff ...they keep telling you a lot of post rate change items are inside the 2020 budget which links the 2020 budget to the rate change. Now I want to stress to you budgets do not contain rates...they're linked to the rate. The difference is if the 2020 budget was calculated at the old value it's calculated in trillions of dinar. If the 2020 budget was calculated at the rate change it would be calculated in billions of dinar hence the deletion of the zeros transitioning from trillions to billions...
1-11-2020 Intel Guru Delta ...there is something I'd like to clear up here. It's not the one or two days that they [ the CBI] is out of compliance [With the IMF 2% rule] that's a big deal and they have to start from scratch. They [the IMF] go by monthly average. So the monthly average has to be no more than 1213 [Market rate]. That's about the 2% compliance with 1190 [Official Rate]... [Note: You can always see the CBI's official and market rate for the dinar in the left column of this page]
1-11-2020 Intel Guru Frank26 ...[Guru] Walkingstick's banks are obeying the CBI and they're going to turn in all the 3 zeros [notes] they've got and they are going to get back the equivalent but not in new small category notes because they've already been delivered...
1-11-2020 Newshound Guru chattels While I remain hopeful that some day there will be an increase in the value of the dinar, I am not optimistic in the near term. My usual optimism in the first quarter is suppressed by the same old issues and now the threat of war and / or economic sanctions...
1-11-2020 Newshound Guru MilitiaMan Yesterday, the CBI Governor, ITB, Finance Minister, etc., told us they were going to protect the currency internally and externally. That is meaning to me, they have the mechanisms in place to do so. One mechanism would be to stop the MCPs and raising the rate of the IQD. The supply and demand will equalize over time, it may only take a couple weeks once they do? Regardless, that sort of support is a requirement by the IMF for completion and ascension into a market economy, imo. Iraq has been given orders to complete the MR process and they clearly are making that very apparent...that is exactly what they are doing!!! imo.
1-10-2020 Intel/Newshound Guru Frank26 ...for those of you that say a revaluation...This is no revaluation. It's a reinstatement...turns out that the note count is being done internally because externally they already know what their numbers are...they've already retrieved 70% of the three zero [notes]...the information spread out there right now is amazing...
1-10-2020 Newshound Guru Kaperoni Like I've already said numerous times currency reform is not a random act. Is based on sound monetary principles. With all of the activities going on destabilizing economic activities in Iraq I don't expect any changes in monetary policy at this time. Iraq needs to get Parliament back in session and pass laws to invite investment and investors into Iraq. Once that occurs then we might be at a stage where some changes could be made.
1-10-2020 Intel Guru MarkZ [via PDK] [Who determines Iraq’s RV? Is it the CBI or IMF?] Both, Neither or all of the above...It’s Iraq’s job to have things ready for it…we understand they have had their part ready and been asking for it for quite some time…Now, we need the reset to occur for them to go.
1-10-2020 Intel Guru Bruce [via WiserNow] ...I would say this is a time to get prepared – we’ve got a few days here and there left I think – I think we’re going to get started and they want this to be started before the 15th which I think is going to be Monday/Tuesday which is 13th / 14th - I believe that’s going to happen based on the intel we have now –...Now, I’m going to say we are very close... I really think this thing is coming
1-10-2020 Intel Guru MarkZ [It was previously reported that Trump signed away his part in the reset ? Is this true?] I believe that but have not seen proof…based on how things appear to be playing out…i believe this could be true. Does the China trade agreement have anything to do with it? I believe it may...it is due to be signed Sunday or Monday. [Where do you think we are at?] Historically speaking I am really happy at where we are at.
1-10-2020 Newshound Guru MilitiaMan The timing of this is so very clear to be in our faces now that they have to reinstate the IQD internationally. They have no choice in the matter, now. ... small categories notes will be used in place of the trip zero notes with much more value associated with them, as noted by the need for coins. The small and large notes will co exist with the remaining straggler notes for years to come. ...I am smiling large!! You should all be too, as in light of the military actions we have witnessed, they are still moving ahead and finishing the delete the zeros project and apparently it is in full effect now. imo. [post 3 of 3]
1-10-2020 Newshound Guru MilitiaMan We hear from a source...that citizen in Iraq is hearing directly from a Bank in Baghdad and at the head of a large department level are now making the citizens aware of the banks now having been populated with new small category notes and coins (fils), and are to be distributed at the citizen level soon. This article above in my opinion supports that data, as tools or mechanisms if you will, are in fact in part a median of exchange to facilitate the transition from large to small on the street.. Small notes and coins are tools.. imo [post 2 of 3....stay tuned]
1-10-2020 Newshound Guru MilitiaMan Article: "The finance comittee reveals the mechanism for paying Iraqi debts .. And the Central reveals its policy to control the exchange rate" The fact that they are now openly talking about the tools (mechanisms) are in place to permanently correct the course of Iraq's monetary policy...is huge and very welcoming for us all. ...in respect to the conditions they are now in [militarily], they are still moving forward and head on with the monetary policy to control the exchange rate. Once they stop the auctions they will not have any other Multi Currency Practices (MCPs) to deal with. IMF requirement...The dinar exchange rate will be devoid of them (mcp) when fully article 8 and out of sanctions and thus, the world can freely trade internationally in IQD. [post 1 of 3....stay tuned]
1-10-2020 Newshound Guru Jeff ...let's look at their patterns...back on Sunday Iraq's parliament, which was a majority Shia, passed and approved a new law to remove foreign military...all that news from both direction saying that the US had to go and the US was gonna sanction Iraq was all lies and BS...What is significant about that? This is called China syndrome. Back when China had intentions of changing their rate they had put an ad in the media saying 'we have no intentions of changing our rate.' Then about 3 days later... they did change the rate...10 years I've been in this investment ...this is the largest amount of misleading information or lies in their media that I've seen in the shortest period of time and IMO they're doing this because...the whole rate change is a classified event. They don't want us to know about it...
1-10-2020 Newshound/Intel Guru Mnt Goat ...Believe me that this mission to rid Iraq of the Iranian overpowering influence has been planned since 2017, if not even before. What they needed was an opportunity to begin execution of the plan. These current events are not just happening but rather they are well thought out. It is all planned out...The US is NOT going to pullout of Iraq. We tried this already and we know Iraq is not yet ready for this...Once the currency auctions end in Iraq, and they will end, Iraq will move on. WE will go to the bank and exchange our dinar...
1-10-2020 Newshound Guru Kaperoni Like I've already said numerous times currency reform is not a random act. Is based on sound monetary principles. With all of the activities going on destabilizing economic activities in Iraq I don't expect any changes in monetary policy at this time. Iraq needs to get Parliament back in session and pass laws to invite investment and investors into Iraq. Once that occurs then we might be at a stage where some changes could be made.
1-10-2020 Intel Guru MarkZ [via PDK] [Who determines Iraq’s RV? Is it the CBI or IMF?] Both, Neither or all of the above...It’s Iraq’s job to have things ready for it…we understand they have had their part ready and been asking for it for quite some time…Now, we need the reset to occur for them to go.
1-10-2020 Intel Guru Bruce [via WiserNow] ...I would say this is a time to get prepared – we’ve got a few days here and there left I think – I think we’re going to get started and they want this to be started before the 15th which I think is going to be Monday/Tuesday which is 13th / 14th - I believe that’s going to happen based on the intel we have now –...Now, I’m going to say we are very close... I really think this thing is coming
1-10-2020 Intel Guru MarkZ [It was previously reported that Trump signed away his part in the reset ? Is this true?] I believe that but have not seen proof…based on how things appear to be playing out…i believe this could be true. Does the China trade agreement have anything to do with it? I believe it may...it is due to be signed Sunday or Monday. [Where do you think we are at?] Historically speaking I am really happy at where we are at.
1-10-2020 Newshound Guru MilitiaMan The timing of this is so very clear to be in our faces now that they have to reinstate the IQD internationally. They have no choice in the matter, now. ... small categories notes will be used in place of the trip zero notes with much more value associated with them, as noted by the need for coins. The small and large notes will co exist with the remaining straggler notes for years to come. ...I am smiling large!! You should all be too, as in light of the military actions we have witnessed, they are still moving ahead and finishing the delete the zeros project and apparently it is in full effect now. imo. [post 3 of 3]
1-10-2020 Newshound Guru MilitiaMan We hear from a source...that citizen in Iraq is hearing directly from a Bank in Baghdad and at the head of a large department level are now making the citizens aware of the banks now having been populated with new small category notes and coins (fils), and are to be distributed at the citizen level soon. This article above in my opinion supports that data, as tools or mechanisms if you will, are in fact in part a median of exchange to facilitate the transition from large to small on the street.. Small notes and coins are tools.. imo [post 2 of 3....stay tuned]
1-10-2020 Newshound Guru MilitiaMan Article: "The finance comittee reveals the mechanism for paying Iraqi debts .. And the Central reveals its policy to control the exchange rate" The fact that they are now openly talking about the tools (mechanisms) are in place to permanently correct the course of Iraq's monetary policy...is huge and very welcoming for us all. ...in respect to the conditions they are now in [militarily], they are still moving forward and head on with the monetary policy to control the exchange rate. Once they stop the auctions they will not have any other Multi Currency Practices (MCPs) to deal with. IMF requirement...The dinar exchange rate will be devoid of them (mcp) when fully article 8 and out of sanctions and thus, the world can freely trade internationally in IQD. [post 1 of 3....stay tuned]
1-10-2020 Newshound Guru Jeff ...let's look at their patterns...back on Sunday Iraq's parliament, which was a majority Shia, passed and approved a new law to remove foreign military...all that news from both direction saying that the US had to go and the US was gonna sanction Iraq was all lies and BS...What is significant about that? This is called China syndrome. Back when China had intentions of changing their rate they had put an ad in the media saying 'we have no intentions of changing our rate.' Then about 3 days later... they did change the rate...10 years I've been in this investment ...this is the largest amount of misleading information or lies in their media that I've seen in the shortest period of time and IMO they're doing this because...the whole rate change is a classified event. They don't want us to know about it...
1-10-2020 Newshound/Intel Guru Mnt Goat ...Believe me that this mission to rid Iraq of the Iranian overpowering influence has been planned since 2017, if not even before. What they needed was an opportunity to begin execution of the plan. These current events are not just happening but rather they are well thought out. It is all planned out...The US is NOT going to pullout of Iraq. We tried this already and we know Iraq is not yet ready for this...Once the currency auctions end in Iraq, and they will end, Iraq will move on. WE will go to the bank and exchange our dinar...
1-9-2020 Newshound Guru Kaperoni So is there a way to fudge the numbers when you fall out of compliance [on the 2% rule]? Who knows but the CBI does report the auction exchange rates in their spreadsheets which ultimately end up in their reports to the IMF. The bottom line is if stability is an issue I doubt the IMF would accept them into Article VIII. And if anyone questions the validity of such a rule all I have to do is go and look at the Article IV Consultations between the IMF and the Central Bank of Iraq to see that it is very clearly documented as a requirement. [Reference the dinar market rate in the left column of this page...It appeared Iraq was out of compliance for 2 days this week]
1-9-2020 Intel Guru MarkZ [via PDK] [I did see on Congress Website: start Date REMOVED for HR25 VAT “Fair Tax Act of 2019” is still pending vote—go to congress website for bill “HR25”. I noticed they REMOVED the 1/1/2020 start date removed.!] I saw that as well… IMO when they are ready it will only take 5 minutes… they can pull it out…Sign it and BOOM...it will be sitting on Trump's desk for final signature... [NOTE: Consult with your tax professional at the appropriate time.]
1-9-2020 Newshound Guru Adam Montana The "2% compliance" deal is good to see, but it's not mandatory for an RV. Consider the organization that "requires" 2% compliance... the theory falls apart after that. Iraq can go 500% out of compliance and push the RV button if they want. So long as the CBI is backing the rate, it will fly. [Reference the dinar market rate in the left column of this page...It appeared Iraq was out of compliance for 2 days this week]
1-9-2020 Newshound/Intel Guru Mnt Goat Article: "IRANIAN DOMINANCE OF IRAQ HAVE BEEN PROVEN TRUE" I have been telling everyone for years that the Iranian influence would have to be challenged and it is the problem of corruption in Iraq as to why our investment in the dinar is not going anywhere. So now we are seeing it all playing out. This is the bad news but the good news is it is now being challenged (the timing of it) and this had to occur to get to it (got to go through it to get to it) . Look at the bright side – it could be even worse as we could be waiting yet another decade for this challenge to even take place but it is happening right now. The Trump administration is getting it done and now is the time...
1-9-2020 Intel Guru MarkZ Things really seem to be heating up on the banking side of things. I am hearing all Redemption Centers are in place and ready. I am very hopeful that this is not going to be another false alarm. This time things feel very different to me.
1-9-2020 Newshound/Intel Guru Walkingstick the CBI has told us that all banks in Iraq are going to receive the 50,000 and the 100,000 freshly printed bills...The reason for it is because the CBI is now lessening the amount of 10k and 25k notes in the inventory of Iraqi banks. They want to get more of the three zeros...the CBI is sending 50k and 100k notes only to be used from bank to a bank. Each bank is getting a different specific amount. Each bank must send to the CBI in return either 4 - 25K notes or 10 - 10K notes. We [walkingstick's firm] have not received them yet. Some banks have. We believe we will be next. They are only to be used from bank to bank not for circulation. The 50k and 100K are not to be introduced to the citizens. They are to introduce the small category notes when told on their schedule. This is being used to remove the three zeros notes from the banks not to draw them in - that was already done...
1-9-2020 Newshound Guru Adam Montana Like it or not, the United States just influenced the timing and chances of a near future revalue on the Iraqi currency...but I don't believe the current events have altered the destination at all. In fact, the attack on Iranian terrorist Suleimani ...is likely in favor of a quicker path to an RV. ...it is going to be a bumpy ride, but it won't last forever. When it's over, I believe we will be in a far more favorable position to see the Iraqi currency skyrocket. Yes, I said that word: Skyrocket...we are indeed in the middle of a very tense and hectic time...buckle up, hang tight, and be ready. [post 2 of 2]
1-9-2020 Newshound Guru Adam Montana What an end to 2019, and what a start to 2020! 2019 ended in Iraq with a flurry of activity. The Prime Minister resigned, the Iraqi President threatened to do the same. There were major protests, huge shifts in the landscape, and a lot of uncertainty. ...This is exactly the type of situation where big things happen, but the world is so busy watching the "news" that it just slips under the radar. The uncertainty continues with the current situation regarding Iraq, largely because of the situation with their neighbor Iran. ...this is a fluid situation - things change fast... [post 1 of 2...stay tuned]
1-9-2020 Intel Guru MarkZ [via PDK] [I did see on Congress Website: start Date REMOVED for HR25 VAT “Fair Tax Act of 2019” is still pending vote—go to congress website for bill “HR25”. I noticed they REMOVED the 1/1/2020 start date removed.!] I saw that as well… IMO when they are ready it will only take 5 minutes… they can pull it out…Sign it and BOOM...it will be sitting on Trump's desk for final signature... [NOTE: Consult with your tax professional at the appropriate time.]
1-9-2020 Newshound Guru Adam Montana The "2% compliance" deal is good to see, but it's not mandatory for an RV. Consider the organization that "requires" 2% compliance... the theory falls apart after that. Iraq can go 500% out of compliance and push the RV button if they want. So long as the CBI is backing the rate, it will fly. [Reference the dinar market rate in the left column of this page...It appeared Iraq was out of compliance for 2 days this week]
1-9-2020 Newshound/Intel Guru Mnt Goat Article: "IRANIAN DOMINANCE OF IRAQ HAVE BEEN PROVEN TRUE" I have been telling everyone for years that the Iranian influence would have to be challenged and it is the problem of corruption in Iraq as to why our investment in the dinar is not going anywhere. So now we are seeing it all playing out. This is the bad news but the good news is it is now being challenged (the timing of it) and this had to occur to get to it (got to go through it to get to it) . Look at the bright side – it could be even worse as we could be waiting yet another decade for this challenge to even take place but it is happening right now. The Trump administration is getting it done and now is the time...
1-9-2020 Intel Guru MarkZ Things really seem to be heating up on the banking side of things. I am hearing all Redemption Centers are in place and ready. I am very hopeful that this is not going to be another false alarm. This time things feel very different to me.
1-9-2020 Newshound/Intel Guru Walkingstick the CBI has told us that all banks in Iraq are going to receive the 50,000 and the 100,000 freshly printed bills...The reason for it is because the CBI is now lessening the amount of 10k and 25k notes in the inventory of Iraqi banks. They want to get more of the three zeros...the CBI is sending 50k and 100k notes only to be used from bank to a bank. Each bank is getting a different specific amount. Each bank must send to the CBI in return either 4 - 25K notes or 10 - 10K notes. We [walkingstick's firm] have not received them yet. Some banks have. We believe we will be next. They are only to be used from bank to bank not for circulation. The 50k and 100K are not to be introduced to the citizens. They are to introduce the small category notes when told on their schedule. This is being used to remove the three zeros notes from the banks not to draw them in - that was already done...
1-9-2020 Newshound Guru Adam Montana Like it or not, the United States just influenced the timing and chances of a near future revalue on the Iraqi currency...but I don't believe the current events have altered the destination at all. In fact, the attack on Iranian terrorist Suleimani ...is likely in favor of a quicker path to an RV. ...it is going to be a bumpy ride, but it won't last forever. When it's over, I believe we will be in a far more favorable position to see the Iraqi currency skyrocket. Yes, I said that word: Skyrocket...we are indeed in the middle of a very tense and hectic time...buckle up, hang tight, and be ready. [post 2 of 2]
1-9-2020 Newshound Guru Adam Montana What an end to 2019, and what a start to 2020! 2019 ended in Iraq with a flurry of activity. The Prime Minister resigned, the Iraqi President threatened to do the same. There were major protests, huge shifts in the landscape, and a lot of uncertainty. ...This is exactly the type of situation where big things happen, but the world is so busy watching the "news" that it just slips under the radar. The uncertainty continues with the current situation regarding Iraq, largely because of the situation with their neighbor Iran. ...this is a fluid situation - things change fast... [post 1 of 2...stay tuned]
1-8-2020 *** Dinar Guru Breaking News *** President Trump had a press conference earlier today about the Iran situation in Iraq [above video]. Trump said he doesn't want any more suffering in the region and is hopeful for a peaceful relationship with Iran. He wants Iran and the Iranian people to become prosperous and peaceful members of the world and calls on the biggest nations of the world to help support that mission. Stay tuned as the gurus chime in on this breaking situation. The latest guru posts will continue below....
1-8-2020 Newshound/Intel Guru Francis Albert ...I know one thing for sure....The IMF and the Dollar Inc. FED etc. all Central Banks are run by the same crowd. They hang together talk and sit with one another. If these people want Iraq to go forward with monetary reform, as ALL evidence suggest. IMF can do what they want, and in the paperwork that has a check mark on "Is currency in compliance for 18 months? " They can check Yes, and who is going to say anything to argue the check mark. Remember in finance and Geo Politics...nothing...nothing is as it seems.
1-8-2020 Intel Guru Bruce [via WiserNow] ...the soft start; if you will, the RV, GCR started ...(Monday) – The President spoke with Steve Mnuchin and said let’s do this – let’s get this thing started - let’s get it going...so this thing is started and there’s no turning back – Now, we...are looking for our notifications to come out...the redemption centers...are also on alert...so, where we are – is very very close...
1-8-2020 Newshound/Intel Guru Mnt Goat WOW! Lots going on this past period in Iraq...millions of casual news consumers began this week believing that over the weekend, Iraq expelled the U.S. military from their country...The U.S. military is not currently under any order to leave Iraq... This is not as bad as it may seem on the surface... Now maybe Iraq can really get down to business of rebuilding their country and economy...We all need to sit and relax and watch this play out.
1-8-2020 Intel Guru MarkZ [via PDK] Redemption Centers are still staffed and ready to go . We are at a heightened state…They are ready and expectant. I still cannot be more positive at where we are at. We are in a beautiful, beautiful spot.
1-8-2020 Newshound/Intel Guru tman23 I’m more enthusiastic now then ever before, IMO Iran was an issue because the question being was...How can you back the IQD when the assets are always under the threat? Iran lost their 3 top military leaders and as I posted as told Hadr Ameri was picked up “arrested” by US military...there has been nothing in print yet to confirm but a very good source...so after last night it shows Iran is in a turmoil mess ...SIMPLY PUT, everything is far better in positioning then it was...AND I PUT ZERO STOCK IN MAINTAINING THE 2%...rules change and that one is not engraved in stone.
1-8-2020 Intel Guru MarkZ [Are redemption centers regular banks or places set up for this?] I hear that in larger cities there are place set up specifically for this to handle volume and keep pressure off the banks. But, in smaller, rural areas they will use banks.
1-8-2020 Newshound Guru Adam Montana Things are craAazZZYyy over there right now... nothing that I see at the moment is killing any chance of an RV. But it's also really hard to stay on top of actual Dinar News with the current situation. I'm watching it like a hawk though!
1-8-2020 Intel Guru Bruce [via WiserNow] ...the soft start; if you will, the RV, GCR started ...(Monday) – The President spoke with Steve Mnuchin and said let’s do this – let’s get this thing started - let’s get it going...so this thing is started and there’s no turning back – Now, we...are looking for our notifications to come out...the redemption centers...are also on alert...so, where we are – is very very close...
1-8-2020 Newshound/Intel Guru Mnt Goat WOW! Lots going on this past period in Iraq...millions of casual news consumers began this week believing that over the weekend, Iraq expelled the U.S. military from their country...The U.S. military is not currently under any order to leave Iraq... This is not as bad as it may seem on the surface... Now maybe Iraq can really get down to business of rebuilding their country and economy...We all need to sit and relax and watch this play out.
1-8-2020 Intel Guru MarkZ [via PDK] Redemption Centers are still staffed and ready to go . We are at a heightened state…They are ready and expectant. I still cannot be more positive at where we are at. We are in a beautiful, beautiful spot.
1-8-2020 Newshound/Intel Guru tman23 I’m more enthusiastic now then ever before, IMO Iran was an issue because the question being was...How can you back the IQD when the assets are always under the threat? Iran lost their 3 top military leaders and as I posted as told Hadr Ameri was picked up “arrested” by US military...there has been nothing in print yet to confirm but a very good source...so after last night it shows Iran is in a turmoil mess ...SIMPLY PUT, everything is far better in positioning then it was...AND I PUT ZERO STOCK IN MAINTAINING THE 2%...rules change and that one is not engraved in stone.
1-8-2020 Intel Guru MarkZ [Are redemption centers regular banks or places set up for this?] I hear that in larger cities there are place set up specifically for this to handle volume and keep pressure off the banks. But, in smaller, rural areas they will use banks.
1-8-2020 Newshound Guru Adam Montana Things are craAazZZYyy over there right now... nothing that I see at the moment is killing any chance of an RV. But it's also really hard to stay on top of actual Dinar News with the current situation. I'm watching it like a hawk though!
1-7-2020 Intel Guru MarkZ [What will dong rates be?] I still hear that street rate will start at about .45 to .50 cents and letting it float...contract rates may be as high as $2
1-7-2020 Newshound Guru Jeff ...what Iraq's parliament did the other day...nothing was passed or approved that was legal and binding to physically remove the US. Only the Shias attended parliament and did this act or stunt to support Iran. The Kurds and the Sunnis did not attend parliament so everything you guys are seeing in the news right now is BS and they did not pass anything legal or binding. The US is not going to be removed...
1-7-2020 Newshound Guru Kaperoni Well the fallout has begun starting with the spread on the dinar/dollar falling out of IMF compliance reaching 1227 dinar to the dollar...Not good. With the spread falling out of IMF compliance it could be 16-18 months down the drain as the CBI was working to accept Article VIII... [NOTE: You can always see the latest official CBI market rate in the left column of this page...]
1-7-2020 Intel Guru MarkZ [via PDK] Remember Noone knows the exact timing but what we hear from 3 Redemption Centers this morning is they are Fully Staffed with big expectations! So, today is a good day to keep watch...I know I will be. [Has Iraq officially RV’d yet?] No but there are rumors they could possible come out tomorrow or Saturday with the new rate.
1-7-2020 Intel Guru Frank26 Anything you read that the parliament of Iraq did, any law legislation is impossible...the only ones who wanted the American troops out were the Iranian sympathizers...it's the last scream of the Iranian militia...
1-7-2020 Newshound Guru Jeff ...What's happening between the U.S. and Iran will have no bearing on the timing of the rate change...the timing of the rate change only has one speed associated with it and it's extra slow...we are waiting on the 2020 budget with Iraq. That's what you're going to continue to see and that's how the news is going to play out. The news will walk you into the 2020 budget. That's where things are headed next...
1-7-2020 Newshound/Intel Guru Mnt Goat First of all I have been telling everyone for years now that without the elimination of Iranian influence in Iraq there would be no RV...I also said the US was plotting a way to get them out of Iraq... They have plan and so be patient and watch it unfold...I know it may seem gloomy at times but hang in there...Don't give up now.
1-7-2020 Newshound Guru Kaperoni ...There is no reinstatement. No RV or RI. Not how monetary policy works. Under the current conditions, things are beginning to deteriorate as a result of the backlash from US military efforts to eliminate Iranian general Soleimani. Parliament wants US troops out, the US has threatened economic consequences and as a result the exchange rate is deteriorating. No currency reform is in the near future. Iraq also fears the loss of economic activities and investment. Sit back and relax we are going to have to be patient and wait this out.
1-7-2020 Newshound Guru Jeff ...what Iraq's parliament did the other day...nothing was passed or approved that was legal and binding to physically remove the US. Only the Shias attended parliament and did this act or stunt to support Iran. The Kurds and the Sunnis did not attend parliament so everything you guys are seeing in the news right now is BS and they did not pass anything legal or binding. The US is not going to be removed...
1-7-2020 Newshound Guru Kaperoni Well the fallout has begun starting with the spread on the dinar/dollar falling out of IMF compliance reaching 1227 dinar to the dollar...Not good. With the spread falling out of IMF compliance it could be 16-18 months down the drain as the CBI was working to accept Article VIII... [NOTE: You can always see the latest official CBI market rate in the left column of this page...]
1-7-2020 Intel Guru MarkZ [via PDK] Remember Noone knows the exact timing but what we hear from 3 Redemption Centers this morning is they are Fully Staffed with big expectations! So, today is a good day to keep watch...I know I will be. [Has Iraq officially RV’d yet?] No but there are rumors they could possible come out tomorrow or Saturday with the new rate.
1-7-2020 Intel Guru Frank26 Anything you read that the parliament of Iraq did, any law legislation is impossible...the only ones who wanted the American troops out were the Iranian sympathizers...it's the last scream of the Iranian militia...
1-7-2020 Newshound Guru Jeff ...What's happening between the U.S. and Iran will have no bearing on the timing of the rate change...the timing of the rate change only has one speed associated with it and it's extra slow...we are waiting on the 2020 budget with Iraq. That's what you're going to continue to see and that's how the news is going to play out. The news will walk you into the 2020 budget. That's where things are headed next...
1-7-2020 Newshound/Intel Guru Mnt Goat First of all I have been telling everyone for years now that without the elimination of Iranian influence in Iraq there would be no RV...I also said the US was plotting a way to get them out of Iraq... They have plan and so be patient and watch it unfold...I know it may seem gloomy at times but hang in there...Don't give up now.
1-7-2020 Newshound Guru Kaperoni ...There is no reinstatement. No RV or RI. Not how monetary policy works. Under the current conditions, things are beginning to deteriorate as a result of the backlash from US military efforts to eliminate Iranian general Soleimani. Parliament wants US troops out, the US has threatened economic consequences and as a result the exchange rate is deteriorating. No currency reform is in the near future. Iraq also fears the loss of economic activities and investment. Sit back and relax we are going to have to be patient and wait this out.
1-6-2020 Newshound Guru Adam Montana Article quotes: "Chairman of the Finance Committee, Haitham al-Jabouri, confirmed on Monday that the strategic framework agreement with the United States of America is still in effect, while he indicated that the House’s decision yesterday regarding ending the foreign presence has nothing to do with it."; "We are in contact with all relevant authorities on this issue and are keen to maintain economic relations with all countries, including the United States, and in a manner that serves the interests of our country in terms of security and economic, especially since there are large investment contracts between the two countries in important and strategic sectors." ...pretty much says it all.
1-6-2020 Intel Guru Frank26 ...Iraq is going through a change. A paradigm change. An epic historical change and because of that there is a price to pay...Iran is doing their very best to stop the forward progress of the reinstatement of the monetary reform...
1-6-2020 Guest Guru TexasSnake [via PDK] [So what do you think of all the unrest in the Middle east] I think it is kind of a smoke screen… When you look back to when Kuwait did their RV...there were similar circumstances...saying it was going to be put off and then suddenly in the next day or so it was there...It came as a surprise to most people even the ones who were anticipating it…we have a lot more intel on this one then they had on the Kuwait one.
1-6-2020 Intel Guru MarkZ [via PDK] We were told a couple key meetings went on this weekend on how to handle the roll out. With all the upset in Iraq and Iran keep in mind that almost all the revaluation in the past have happened during a lot of smoke and unrest…Looking back on the history of revaluations it does seem to me that this would be the perfect smoke screen. I think it couldn’t be better timing. What I still hear from the banking side is very positive. From the Iraq side they were still expecting it on Monday or Tuesday. They just finished their inventory of cash in circulation so will see what they have to say this week.
1-6-2020 Newshound Guru Jeff ...it's all coming together. The CBI's last requirement to delete the zeros they said that the corruption political figures had to be removed and they were. After they got rid of those corrupt official Iraq started setting the stage for the rate change...That's not just a one month step. They need time. That's why they used the whole year of '19 to set the stage. And now you can see they're already told you, this isn't my opinion... reconstruction, article 140, HCL...those items are in the budget. So what they're indirectly telling you is they have to position money for those steps...so don't worry about all that other stuff...there are no delays in this...no delays at all...
1-6-2020 Newshound/Intel Guru Francis Albert And thirdly, regardless of what your seat is, the bleachers or box seats, anyone who is paying attention to the moves of the CBI and GOI in the past, say year...has to...has to come to the conclusion that they are going to go International which has to be at a rate higher than program. Sure one can argue and say, it will be just .10 and go up from there and could take years to get to something fun for us...or not. Remember Iraqi's only true export and that is and will be sold for Dollars till the end of time. So, unlike other Countries who want to keep their currency low, (see Vietnam) because of massive exports, (and of course China). Iraq is in a unique situation. [post 2 of 2]
1-6-2020 Newshound/Intel Guru Francis Albert Good point KAP [reference Guru Kaperoni post 1-5-2020], so all I can retort to this is, well two things: Firstly: How much content and details of news articles can we believe regardless of Country? Secondly: This would be the first time a Central Bank has lied? and if it served their purposes thinking it would help get the people to do something, they would say it to their news sources...we'll see... [post 1 of 2....stay tuned]
1-6-2020 Guru BobTheTaxMan ...because my crystal ball still isn't here I don't know when this thing is going to come to fruition but I've never seen things escalate this fast towards a real possibility of a window coming here shortly...
1-6-2020 Intel Guru Frank26 ...Iraq is going through a change. A paradigm change. An epic historical change and because of that there is a price to pay...Iran is doing their very best to stop the forward progress of the reinstatement of the monetary reform...
1-6-2020 Guest Guru TexasSnake [via PDK] [So what do you think of all the unrest in the Middle east] I think it is kind of a smoke screen… When you look back to when Kuwait did their RV...there were similar circumstances...saying it was going to be put off and then suddenly in the next day or so it was there...It came as a surprise to most people even the ones who were anticipating it…we have a lot more intel on this one then they had on the Kuwait one.
1-6-2020 Intel Guru MarkZ [via PDK] We were told a couple key meetings went on this weekend on how to handle the roll out. With all the upset in Iraq and Iran keep in mind that almost all the revaluation in the past have happened during a lot of smoke and unrest…Looking back on the history of revaluations it does seem to me that this would be the perfect smoke screen. I think it couldn’t be better timing. What I still hear from the banking side is very positive. From the Iraq side they were still expecting it on Monday or Tuesday. They just finished their inventory of cash in circulation so will see what they have to say this week.
1-6-2020 Newshound Guru Jeff ...it's all coming together. The CBI's last requirement to delete the zeros they said that the corruption political figures had to be removed and they were. After they got rid of those corrupt official Iraq started setting the stage for the rate change...That's not just a one month step. They need time. That's why they used the whole year of '19 to set the stage. And now you can see they're already told you, this isn't my opinion... reconstruction, article 140, HCL...those items are in the budget. So what they're indirectly telling you is they have to position money for those steps...so don't worry about all that other stuff...there are no delays in this...no delays at all...
1-6-2020 Newshound/Intel Guru Francis Albert And thirdly, regardless of what your seat is, the bleachers or box seats, anyone who is paying attention to the moves of the CBI and GOI in the past, say year...has to...has to come to the conclusion that they are going to go International which has to be at a rate higher than program. Sure one can argue and say, it will be just .10 and go up from there and could take years to get to something fun for us...or not. Remember Iraqi's only true export and that is and will be sold for Dollars till the end of time. So, unlike other Countries who want to keep their currency low, (see Vietnam) because of massive exports, (and of course China). Iraq is in a unique situation. [post 2 of 2]
1-6-2020 Newshound/Intel Guru Francis Albert Good point KAP [reference Guru Kaperoni post 1-5-2020], so all I can retort to this is, well two things: Firstly: How much content and details of news articles can we believe regardless of Country? Secondly: This would be the first time a Central Bank has lied? and if it served their purposes thinking it would help get the people to do something, they would say it to their news sources...we'll see... [post 1 of 2....stay tuned]
1-6-2020 Guru BobTheTaxMan ...because my crystal ball still isn't here I don't know when this thing is going to come to fruition but I've never seen things escalate this fast towards a real possibility of a window coming here shortly...
1-5-2020 Newshound/Intel Guru Francis Albert "Breitlng" posted an opinion that has gained some coverage in the Dinar World that I want to comment on. "He" states that taxes will be taken out right there at the time of exchange. That simply is not possible. Everyone's tax situation is different, and banks are not tax collectors. Each person will, IMO, be responsible to pay the appropriate tax on the date prescribed by IRS just like any other investment. [reference Guru Breitling post 1-4-2020] [consult you tax professional at the proper time]
1-5-2020 Newshound Guru Jeff ...some great news came out that's good
for us. Not necessarily bad for the citizens and/or demonstrators because they're sill gonna get what they want...here's an article from today "Abdul Mahdi will remain in the Prime Minister for the next three months" ...Abdul Mahdi still is the acting PM temporarily... January, February, March. Notice how they kept him in through Q1...that's great news for us...it suggests that they're keeping Abdul Mahdi in long enough through the rate change...Remember since September I've stressed to you we need until March. Now you're seeing that based on everything happening factually...
1-5-2019 Intel Guru Frank26 ...of course we are in a bit of a delay. But it's not a stoppage. You know what the delay is? Giving the rate out... what's more important than anything else is the rate is coming out. It is coming out...yes it's a pain in the ass. Yes it's a form of delay. But it's not stopping. I call it a lava flow...the CBI isn't saying anything negative.
1-5-2020 Newshound Guru Kaperoni And on another point, if they did, it would also throw the currency auctions into chaos since one of the purposes is to maintain stability...which is achieved by maintaining a balance between dinar and dollar. If people learn anything about investing in the dinar they should learn that currency reform is not random. Monetary policy is based on sound principles, any increase in value will be based on those principles not some random act. [reference Guru Francis Albert post 1-4-2020] [post 2 of 2]
1-5-2020 Newshound Guru Kaperoni ...[Guru] Francis Albert apparently want(s) to discuss money supply. He doesn't apparently read the many news articles over the years stating the dinar is not in banks, or the CBI. It is outside the banking system "chunky" meaning it's in citizen homes, mattresses, etc. This is a major problem for the CBI as they try to get citizens involved with the banking system. One of the reasons for deposit insurance. Again, the CBI cannot substantially reduce the money supply when they do not have it. [reference Guru Francis Albert post 1-4-2020] [post 1 of 2....stay tuned]
1-5-2020 Newshound Guru MilitiaMan I cannot for the life of me understand with all we know and can see directly from the CBI and the Actions of the USA anyone can be down and out now... Mind boggling good information that supports this is coming to an end!! imo.
1-5-2020 Newshound Guru Jeff ...some great news came out that's good
for us. Not necessarily bad for the citizens and/or demonstrators because they're sill gonna get what they want...here's an article from today "Abdul Mahdi will remain in the Prime Minister for the next three months" ...Abdul Mahdi still is the acting PM temporarily... January, February, March. Notice how they kept him in through Q1...that's great news for us...it suggests that they're keeping Abdul Mahdi in long enough through the rate change...Remember since September I've stressed to you we need until March. Now you're seeing that based on everything happening factually...
1-5-2019 Intel Guru Frank26 ...of course we are in a bit of a delay. But it's not a stoppage. You know what the delay is? Giving the rate out... what's more important than anything else is the rate is coming out. It is coming out...yes it's a pain in the ass. Yes it's a form of delay. But it's not stopping. I call it a lava flow...the CBI isn't saying anything negative.
1-5-2020 Newshound Guru Kaperoni And on another point, if they did, it would also throw the currency auctions into chaos since one of the purposes is to maintain stability...which is achieved by maintaining a balance between dinar and dollar. If people learn anything about investing in the dinar they should learn that currency reform is not random. Monetary policy is based on sound principles, any increase in value will be based on those principles not some random act. [reference Guru Francis Albert post 1-4-2020] [post 2 of 2]
1-5-2020 Newshound Guru Kaperoni ...[Guru] Francis Albert apparently want(s) to discuss money supply. He doesn't apparently read the many news articles over the years stating the dinar is not in banks, or the CBI. It is outside the banking system "chunky" meaning it's in citizen homes, mattresses, etc. This is a major problem for the CBI as they try to get citizens involved with the banking system. One of the reasons for deposit insurance. Again, the CBI cannot substantially reduce the money supply when they do not have it. [reference Guru Francis Albert post 1-4-2020] [post 1 of 2....stay tuned]
1-5-2020 Newshound Guru MilitiaMan I cannot for the life of me understand with all we know and can see directly from the CBI and the Actions of the USA anyone can be down and out now... Mind boggling good information that supports this is coming to an end!! imo.
1-4-2020 Newshound/Intel Guru Francis Albert ...If the CBI has all the actual notes (physical or digital for that matter) they can just destroy them if they want...as all Central Banks do regularly in one way or another. Like Cheeto's Central Banks, can always cruch, (create) more "money". KAP's [Guru Kaperoni] basic argument is based on his opinion that there's 45 Trillion Dinar out there that would come home to roost with an increase in value and thus, he argues, a substantial increase can't happen. IMO, he's just not looking at the whole picture. [Also reference Guru Kaperoni 1-4-2020] [post 2 of 2]
1-4-2020 Newshound/Intel Guru Francis Albert I agree with KAP [Guru Kaperoni] who posted ...that there's no way the CBI can magically reduce the money supply from 45 Trillion to 5 Trillion. I am not paying close enough attention to know what the number Frank [Guru Frank26] is saying the 5T posted on CBI means. There is one possibility...in counter point to KAP's money supply argument I've seen. It is Possible, that Central Banks around the World hold/held most of the 45 Trillion Dinar...not only possible...but, probable. And, being Central Banks, as banks of issue, and ALL controlled by Dollar Inc. (except for Iran, S Korea, China, Russia), and IF...the Dollar Boys, (who started the whole thing in Iraq), want iraq to prosper...they can easily just destroy the Dinar they hold...all to achieve their goals. There's always a way. [reference Guru Kaperoni 1-4-2020] [post 1 of 2....stay tuned]
1-4-2020 Intel Guru BobTheTaxMan ...If you plan ahead you're going to be able to accomplish the things you want to accomplish. You're going to be able to retain that dinar. Now, I've spent lots of time visiting with some of the brightest minds in the tax world...The three things anytime you have a windfall gain you look for 3 things that can happen. 1. Can I reduce my taxation? 2. Can I defer my taxation? 3. Can I eliminate those taxations? All three of those options are available to us who own dinar. But you have to plan on it. And you have to put certain things in place before the RV occurs...there is no 'tax free' option - period. There isn't any...despite all the rumors out there about making this thing a capital gains it will not be capital gains... [NOTE: Speak with your financial advisor and tax expert at the appropriate time.] [Post 2 of 2]
1-4-2020 Intel Guru BobTheTaxMan ...I've watched people who have managed to come into great amount of money and lose it so quickly...you're gonna walk into the bank you're gonna exchange your dinar and they're gonna give you X amount of dollars for X amount of dinar. You're gonna walk out and you're gonna be happy. Feeling on cloud 9. You're gonna spend that money. Then you're gonna say, 'wow, I need some more!' So you go cash in some more and you'll keep doing that without taking into consideration that you're building an obligatory spot with the IRS. Every time you do that you got yourself dug into a hole. And it's so easy when you have access to these kind of funds to be able to step up in the tax brackets and keep going and keep going and not realize how deep of a hole you just dug. [NOTE: Speak with your financial advisor and tax expert at the appropriate time.] [Post 1 of 2....stay tuned]
1-4-2020 Newshound Guru Breitling ...I have zero doubts on the currency revaluing...This is the most important information you're gonna get...when you exchange your currency you're gonna get taxed. That's a taxable event. You are gonna have a big chunk taken out right there. Next, you're gonna go buy a house, that's a taxable event. You're gonna go out and buy a nice car. That's a taxable event...that's what I've been worried about. It's going to go away from you so quick unless you know what you're doing and have a plan and you have a plan to avoid that. You did what you needed to do. You bought the dinar. The second thing you need to do is keep it. There is nothing else you need to do. This is coming down the road. There's no other way I can say it. It's right in front of you. You're looking at it. Are you prepared? [NOTE: Speak with your financial advisor and tax expert at the appropriate time.]
1-4-2019 Newshound/Intel Guru Mnt Goat ...The CBI will not be allowed to reinstate as long as Iran is still causing issues in Iraq. ...Yes, the CBI wants it and needs it but will it happen based on this news that CORRUPTION MUST FIRST END...I have been telling everyone for years now that without the elimination of Iranian influence in Iraq there would be no RV...I also said the US was plotting a way to get them out of Iraq. So now we witness the plan in action...So all you dinar investors just remember what I said before and how this is all playing out. I know it may seem gloomy at times but hang in there...
1-4-2020 Newshound Guru Kaperoni ...the CBI currency...graph/chart is wrong. No way or how the money supply in Iraq could be reduced at this time let alone from 45 trillion to around 5 trillion...
1-4-2020 Newshound Guru MilitiaMan ...we found that the currency supply decreased by 975% real close and the CBI clearly shows charts to prove they did in fact did do it. By decreasing the money supply (note count) the common denominator is a value increase based of supply and demand. They will have a liquidity issue going forward if they don't raise the rate soon...The reduction in currency wasn't found until around the 23rd - 26th era December 2019, but it was in fact reported to have occurred on 12/08/2019 by the CBI and whereby, the movement of that money value from the reduction in currency showed up around on the commercial side of banking on 12/29/2019 real close. imo. So, we can see that timing is of extreme importance now. With normal accounting behaviors, this time is very sensitive. I have a very good feeling about the window we are in.
1-4-2020 Newshound/Intel Guru Francis Albert I agree with KAP [Guru Kaperoni] who posted ...that there's no way the CBI can magically reduce the money supply from 45 Trillion to 5 Trillion. I am not paying close enough attention to know what the number Frank [Guru Frank26] is saying the 5T posted on CBI means. There is one possibility...in counter point to KAP's money supply argument I've seen. It is Possible, that Central Banks around the World hold/held most of the 45 Trillion Dinar...not only possible...but, probable. And, being Central Banks, as banks of issue, and ALL controlled by Dollar Inc. (except for Iran, S Korea, China, Russia), and IF...the Dollar Boys, (who started the whole thing in Iraq), want iraq to prosper...they can easily just destroy the Dinar they hold...all to achieve their goals. There's always a way. [reference Guru Kaperoni 1-4-2020] [post 1 of 2....stay tuned]
1-4-2020 Intel Guru BobTheTaxMan ...If you plan ahead you're going to be able to accomplish the things you want to accomplish. You're going to be able to retain that dinar. Now, I've spent lots of time visiting with some of the brightest minds in the tax world...The three things anytime you have a windfall gain you look for 3 things that can happen. 1. Can I reduce my taxation? 2. Can I defer my taxation? 3. Can I eliminate those taxations? All three of those options are available to us who own dinar. But you have to plan on it. And you have to put certain things in place before the RV occurs...there is no 'tax free' option - period. There isn't any...despite all the rumors out there about making this thing a capital gains it will not be capital gains... [NOTE: Speak with your financial advisor and tax expert at the appropriate time.] [Post 2 of 2]
1-4-2020 Intel Guru BobTheTaxMan ...I've watched people who have managed to come into great amount of money and lose it so quickly...you're gonna walk into the bank you're gonna exchange your dinar and they're gonna give you X amount of dollars for X amount of dinar. You're gonna walk out and you're gonna be happy. Feeling on cloud 9. You're gonna spend that money. Then you're gonna say, 'wow, I need some more!' So you go cash in some more and you'll keep doing that without taking into consideration that you're building an obligatory spot with the IRS. Every time you do that you got yourself dug into a hole. And it's so easy when you have access to these kind of funds to be able to step up in the tax brackets and keep going and keep going and not realize how deep of a hole you just dug. [NOTE: Speak with your financial advisor and tax expert at the appropriate time.] [Post 1 of 2....stay tuned]
1-4-2020 Newshound Guru Breitling ...I have zero doubts on the currency revaluing...This is the most important information you're gonna get...when you exchange your currency you're gonna get taxed. That's a taxable event. You are gonna have a big chunk taken out right there. Next, you're gonna go buy a house, that's a taxable event. You're gonna go out and buy a nice car. That's a taxable event...that's what I've been worried about. It's going to go away from you so quick unless you know what you're doing and have a plan and you have a plan to avoid that. You did what you needed to do. You bought the dinar. The second thing you need to do is keep it. There is nothing else you need to do. This is coming down the road. There's no other way I can say it. It's right in front of you. You're looking at it. Are you prepared? [NOTE: Speak with your financial advisor and tax expert at the appropriate time.]
1-4-2019 Newshound/Intel Guru Mnt Goat ...The CBI will not be allowed to reinstate as long as Iran is still causing issues in Iraq. ...Yes, the CBI wants it and needs it but will it happen based on this news that CORRUPTION MUST FIRST END...I have been telling everyone for years now that without the elimination of Iranian influence in Iraq there would be no RV...I also said the US was plotting a way to get them out of Iraq. So now we witness the plan in action...So all you dinar investors just remember what I said before and how this is all playing out. I know it may seem gloomy at times but hang in there...
1-4-2020 Newshound Guru Kaperoni ...the CBI currency...graph/chart is wrong. No way or how the money supply in Iraq could be reduced at this time let alone from 45 trillion to around 5 trillion...
1-4-2020 Newshound Guru MilitiaMan ...we found that the currency supply decreased by 975% real close and the CBI clearly shows charts to prove they did in fact did do it. By decreasing the money supply (note count) the common denominator is a value increase based of supply and demand. They will have a liquidity issue going forward if they don't raise the rate soon...The reduction in currency wasn't found until around the 23rd - 26th era December 2019, but it was in fact reported to have occurred on 12/08/2019 by the CBI and whereby, the movement of that money value from the reduction in currency showed up around on the commercial side of banking on 12/29/2019 real close. imo. So, we can see that timing is of extreme importance now. With normal accounting behaviors, this time is very sensitive. I have a very good feeling about the window we are in.
1-3-2020 Intel Guru Bruce [via WiserNows] January 1st, all rates were off all screens globally for 24 hours...And then the rates repopulated on the screens – Now, there will be new rates repopulating on the screen by 9:30 PM Sunday night...So we will have all brand new rates on the screens including not only the Dinar...they’ve got a lot of the other currencies – the one they’re working on and finalizing and it should be finalized over the weekend is the Viet Dong...
1-3-2020 Newshound Guru chattels I do think that Iraq needs greater buying power because they are an import nation. Greater value for the dinar improves their buying power, but I have never thought that Iraq could successfully unilaterally declare a value to their currency. For their currency to be worth more in the marketplace with imports then other nations must accept that value for the dinar. I could certainly be wrong.
1-3-2020 Intel Guru MarkZ [So do you think the death of Sulemani will have any effect on our investment?] I do expect a couple of rocky days which is why I am looking toward the 6th-ish…rather than right away even though my banking sources still swear its now. I think they need to see if there is any fallout from this. Keep in mind that Soleimani is key to the infiltration of Iran’s reach into Iraq. He also whipped up the attack on the US Embassy. I think him being gone is a good thing.
1-3-2020 Newshound Guru Jeff Article "The current year will witness the passage of controversial laws" ...all the controversial laws are dependent on the rate change. Oil and gas. Federal court. Article 140...they're waiting on the rate change. They cannot amend these laws and add them to the constitution until after the rate change. It's that simple..."this year will witness a passage of controversial laws."
1-3-2020 Intel Guru Bruce [via WiserNow] ...Fortunately for you and for me we have some – really good ones [sources] and I can tell you I’ve got a timeline that takes us all the way through Tuesday...I mentioned this...if we did not get started by the weekend we’re probably looking at a Monday/Tuesday start...Now, could we get a surprise on Saturday? It’s possible...I believe this time we have...absolute plans to complete this pretty much in the timeframe I’ve outlined...I’m excited about it – I think we are good to go...
1-3-2020 Intel Guru MarkZ [via PDK] We are still in about the same place we were yesterday. Our banking side here in the Us seem to think we will see it at any moment. The Iraqi side is still looking at the 5th or 6th. Military sources agree with after the 5th. Through the 15th.
1-3-2020 Newshound Guru Kaperoni [Guru] Enorrste and I agree, the next 30-60 days in Iraq could decide the fate of the dinar investment.
1-3-2020 Guru BobTheTaxMan ...We are here. We are really really knocking on the door of this thing coming to fruition...I know the CBI is a little difficult to understand...there happen to be a graph that's showed up...that thing is a SHOCKER! ...the graphic changes that is going on inside the CBI really denotes the major shift that is happening and is on it's way...that graph is really dramatic...I haven't seen anything so far that shows such a drastic change. This is official. This is coming out of the CBI itself...
1-3-2020 Newshound/Intel Guru tman23 Word is Solemani was in Iraq to operate a coup, the plan was to take over the Iraq government and arrest Iraqi president Sahlim Barham...Hadr Ameri, leader of the Badr corps is said to have been arrested by US authorities...so now we hear on major outlets for an emergency session for Parliament ...should hear about Ameri being arrested in next day or so...going to be an interesting weekend...
1-3-2020 Newshound Guru chattels [as far as that 50 trillion to 5 trillion,I would certainly love some clarification on it's true meaning. I have seen differences in opinions.] Let's just wait for the next report. If it was an error then it likely will be corrected. If it stays the same then maybe there is something to it all.
1-3-2020 Newshound Guru Kaperoni There is a rumor...that the CBI reduced the money supply from 45 trillion or so to around 5 trillion. [Reference Guru Breitling 1-2-2020] This is not possible on many fronts. Though the CBI reports website shows such a chart - it is not possible. 1. the CBI continues the currency auctions. And the auctions are based on a "balance" of dinar to dollars. Offsetting that would create substantial demand for the currency. 2. the CBI has come out on numerous occasions that 70% or so of the currency in circulation is "chunky" meaning it is outside the banking system. In homes, under mattresses etc. If the money is outside the banking system as stated the CBI would not have access to it to reduce it. So one can conclude that the chart is wrong.
1-3-2020 Newshound Guru chattels I do think that Iraq needs greater buying power because they are an import nation. Greater value for the dinar improves their buying power, but I have never thought that Iraq could successfully unilaterally declare a value to their currency. For their currency to be worth more in the marketplace with imports then other nations must accept that value for the dinar. I could certainly be wrong.
1-3-2020 Intel Guru MarkZ [So do you think the death of Sulemani will have any effect on our investment?] I do expect a couple of rocky days which is why I am looking toward the 6th-ish…rather than right away even though my banking sources still swear its now. I think they need to see if there is any fallout from this. Keep in mind that Soleimani is key to the infiltration of Iran’s reach into Iraq. He also whipped up the attack on the US Embassy. I think him being gone is a good thing.
1-3-2020 Newshound Guru Jeff Article "The current year will witness the passage of controversial laws" ...all the controversial laws are dependent on the rate change. Oil and gas. Federal court. Article 140...they're waiting on the rate change. They cannot amend these laws and add them to the constitution until after the rate change. It's that simple..."this year will witness a passage of controversial laws."
1-3-2020 Intel Guru Bruce [via WiserNow] ...Fortunately for you and for me we have some – really good ones [sources] and I can tell you I’ve got a timeline that takes us all the way through Tuesday...I mentioned this...if we did not get started by the weekend we’re probably looking at a Monday/Tuesday start...Now, could we get a surprise on Saturday? It’s possible...I believe this time we have...absolute plans to complete this pretty much in the timeframe I’ve outlined...I’m excited about it – I think we are good to go...
1-3-2020 Intel Guru MarkZ [via PDK] We are still in about the same place we were yesterday. Our banking side here in the Us seem to think we will see it at any moment. The Iraqi side is still looking at the 5th or 6th. Military sources agree with after the 5th. Through the 15th.
1-3-2020 Newshound Guru Kaperoni [Guru] Enorrste and I agree, the next 30-60 days in Iraq could decide the fate of the dinar investment.
1-3-2020 Guru BobTheTaxMan ...We are here. We are really really knocking on the door of this thing coming to fruition...I know the CBI is a little difficult to understand...there happen to be a graph that's showed up...that thing is a SHOCKER! ...the graphic changes that is going on inside the CBI really denotes the major shift that is happening and is on it's way...that graph is really dramatic...I haven't seen anything so far that shows such a drastic change. This is official. This is coming out of the CBI itself...
1-3-2020 Newshound/Intel Guru tman23 Word is Solemani was in Iraq to operate a coup, the plan was to take over the Iraq government and arrest Iraqi president Sahlim Barham...Hadr Ameri, leader of the Badr corps is said to have been arrested by US authorities...so now we hear on major outlets for an emergency session for Parliament ...should hear about Ameri being arrested in next day or so...going to be an interesting weekend...
1-3-2020 Newshound Guru chattels [as far as that 50 trillion to 5 trillion,I would certainly love some clarification on it's true meaning. I have seen differences in opinions.] Let's just wait for the next report. If it was an error then it likely will be corrected. If it stays the same then maybe there is something to it all.
1-3-2020 Newshound Guru Kaperoni There is a rumor...that the CBI reduced the money supply from 45 trillion or so to around 5 trillion. [Reference Guru Breitling 1-2-2020] This is not possible on many fronts. Though the CBI reports website shows such a chart - it is not possible. 1. the CBI continues the currency auctions. And the auctions are based on a "balance" of dinar to dollars. Offsetting that would create substantial demand for the currency. 2. the CBI has come out on numerous occasions that 70% or so of the currency in circulation is "chunky" meaning it is outside the banking system. In homes, under mattresses etc. If the money is outside the banking system as stated the CBI would not have access to it to reduce it. So one can conclude that the chart is wrong.
1-2-2020 Newshound Guru Breitling ...Every country on the planet that drops their note count what happens to the value of their currency? It goes up...it's universal...they're [Iraq is] dropping their note count...when they drop their note count guess what? The value of their currency goes up. They're putting things in place. The budget depends on investments because they're losing in the commodities market as far as the energy markets go. So they're investing in the international markets. And they're not gonna do that at a ten of a penny...that's what these guys are trying to tell you. So all these indicators are in place. It should make you very very happy...I couldn't be more excited... [Post 2 of 2]
1-2-2020 Newshound Guru Breitling ...I've been getting emails of people asking me about the graph from the CBI...it shows the drop in currency...if you go back...what was the value? About $3.25...they had between 1 and a half to 2 billion notes in the market...that was the number that we needed to watch. The chart that you guys are looking at is very important...there it is from the CBI...Look how much the currency has dropped. Here's what we don't know. We don't know how many denominations are out in public. In other words how many 25K notes. How many 10K notes. How many 5K notes. So even though they say they've dropped the note count it doesn't give us enough information to determine how many dinar are out there. But we can see they dropped the note count. It's right there in front of you. [Post 1 of 2 Stay tuned for the rest of the story]
1-2-2020 Newshound Guru Jeff ...one of the more popular gurus...saying it's gonna change at the beginning of the year and the budget will be implemented at the beginning of the year. I told you guys to be cautious with this type of information because this is over-hyped BS...
1-2-2020 Newshound/Intel Guru Mnt Goat ...For the CBI to launch the project to delete the zeros any time soon would take a miracle. However, I am not hearing the CBI is going to postpone again due to the current situation. But this puzzles me as to why they would do this in the midst of such chaos...We see much instability issues now in Iraq. This situation is close to a major escalation but not yet. Some foreign investors are pulling out of Iraq but this can still be salvaged. The government must find solutions very soon or years, if not decades, of work will be lost...I still keep my hopes up that the CBI may still move forward in the midst of the turmoil...There is still a window of opportunity remaining. Let's just see how it all plays out..
1-2-2020 Newshound Guru Breitling ...a lot of stuff we've been looking at...everything is coming down the road. Everything is lining up. If people are not excited about this they're never gonna get excited...you have Iraq telling you that they have a new budget based on lower oil prices and its determined by investments. And so what are they gonna do? They're gonna reduce their note count. They're gonna start doing what we've been talking about...they said that they needed to add value to their currency. Now they are dependent only on that because they have to add value to their currency to get into the international markets...we couldn't be in a better position. That's why I've been so positive...there's nothing else they need to do. They took the cover off of everything. All this stuff is in the news. They're telling everybody what they're gonna do.
1-2-2020 Newshound Guru Jeff ...IMO they are in the process of positioning the money for the rate change - the last final step...there actually haven't been any delays...
1-2-2020 Intel Guru MarkZ [via PDK] My Iraqi Sources are now squarely looking at Jan. 5th. From Gov. and military sources…they are looking from the 5th to the 15th. ...the banking side is saying “now” because that is what they hear from those above them in the chain of command….The military is looking for indicators like what is happening, where troops are moving to protect things ect…the government side looks at treaties, signatures, voting on this and that… so the different groups look at different things to estimate timing...
1-2-2020 Intel Guru Frank26 HAPPY NEW YEAR FAMILY...BECAUSE IMO...IT IS...YOUR TURN...
1-2-2020 Newshound Guru Breitling ...I've been getting emails of people asking me about the graph from the CBI...it shows the drop in currency...if you go back...what was the value? About $3.25...they had between 1 and a half to 2 billion notes in the market...that was the number that we needed to watch. The chart that you guys are looking at is very important...there it is from the CBI...Look how much the currency has dropped. Here's what we don't know. We don't know how many denominations are out in public. In other words how many 25K notes. How many 10K notes. How many 5K notes. So even though they say they've dropped the note count it doesn't give us enough information to determine how many dinar are out there. But we can see they dropped the note count. It's right there in front of you. [Post 1 of 2 Stay tuned for the rest of the story]
1-2-2020 Newshound Guru Jeff ...one of the more popular gurus...saying it's gonna change at the beginning of the year and the budget will be implemented at the beginning of the year. I told you guys to be cautious with this type of information because this is over-hyped BS...
1-2-2020 Newshound/Intel Guru Mnt Goat ...For the CBI to launch the project to delete the zeros any time soon would take a miracle. However, I am not hearing the CBI is going to postpone again due to the current situation. But this puzzles me as to why they would do this in the midst of such chaos...We see much instability issues now in Iraq. This situation is close to a major escalation but not yet. Some foreign investors are pulling out of Iraq but this can still be salvaged. The government must find solutions very soon or years, if not decades, of work will be lost...I still keep my hopes up that the CBI may still move forward in the midst of the turmoil...There is still a window of opportunity remaining. Let's just see how it all plays out..
1-2-2020 Newshound Guru Breitling ...a lot of stuff we've been looking at...everything is coming down the road. Everything is lining up. If people are not excited about this they're never gonna get excited...you have Iraq telling you that they have a new budget based on lower oil prices and its determined by investments. And so what are they gonna do? They're gonna reduce their note count. They're gonna start doing what we've been talking about...they said that they needed to add value to their currency. Now they are dependent only on that because they have to add value to their currency to get into the international markets...we couldn't be in a better position. That's why I've been so positive...there's nothing else they need to do. They took the cover off of everything. All this stuff is in the news. They're telling everybody what they're gonna do.
1-2-2020 Newshound Guru Jeff ...IMO they are in the process of positioning the money for the rate change - the last final step...there actually haven't been any delays...
1-2-2020 Intel Guru MarkZ [via PDK] My Iraqi Sources are now squarely looking at Jan. 5th. From Gov. and military sources…they are looking from the 5th to the 15th. ...the banking side is saying “now” because that is what they hear from those above them in the chain of command….The military is looking for indicators like what is happening, where troops are moving to protect things ect…the government side looks at treaties, signatures, voting on this and that… so the different groups look at different things to estimate timing...
1-2-2020 Intel Guru Frank26 HAPPY NEW YEAR FAMILY...BECAUSE IMO...IT IS...YOUR TURN...
1-1-2020 Intel Guru Bruce ...let me tell you the redemption centers and tier 1 banks will be notified very soon with the procedures – the actual information about the procedures on the release of notification of the 800 numbers - that is coming I’d say in less than 24 hours -- ...the full timeline is in plan right now – we have a pretty good picture of what it looks like and suffice it to say that things are moving forward – there’s a lot happening behind the scenes...
1-1-2020 Newshound Guru Adam Montana [Well, it looks like that Iran /Iraq relationship has just about ended our dream of any kind of RV/RI...] Ok, chicken little, the sky is not falling...We know things are going to get crazy before the RV. This might be the start of it, but this is definitely not "game over"!
1-1-2020 Intel Guru MarkZ Really great chatter coming out of the banking centers...here in the US it appears they are in place with great expectations of a release sometime today...I have heard they want it out the door today, but since we have heard that many times before...not sure what to think but since my contacts are at work today in redemption centers I am cautiously optimistic. If you listen to the banking centers we are within hours or days...I look at the indicators…what Iraq banks are doing between now and Jan 5th (no loans, no cash deposits or withdrawals) so personally I think we are in the best window right now to see it. I am trying to moderate my excitement.
1-1-2020 Intel Guru Bruce I found out...the 31st of December that the intent was to get this whole RV/ GCR done mid October but we weren’t ready for it...Then...to try to get there by 13th 14th or 15th of December – and we could not make that happen ...Then the process was like ...we are looking at after the first of the year and I don’t mean long after either ...Joe Public...is set to start approximately the 15th of January...That means we need to be in and through by then... In fact, the entire process for us and the public they want to have completed by the very end of January...totally DONE... COMPLETE... So that gives you some idea of the timeline we’re on... If everything goes according to plan and as it is now we should be there by the end of this week... I think we’re looking very, very good before the weekend okay?
1-1-2020 Newshound Guru Jeff ...Iraq already came out telling you they're doing a temporary interim budget at the beginning of the year which means the 2020 budget will not cover starting from January. They're telling you that they're going to utilize a new fiscal year. Because of that temporary budget...the factual data shows that they're transitioning back to their previous fiscal year going from April through March... [Post 2 of 2]
1-1-2020 Newshound Guru Jeff ...You have to look at Kuwait's as a prime example to gauge Iraq. Kuwait specifically did theirs on a Sunday morning of March 24th of '91. The reason it was done at that time is because that was done shortly before the beginning of their fiscal year which would be April 1st...Iraq is gonna have to change the rate at the beginning period of a new accounting period...because this is such a major rate change...if it was $3 that would be a 3000% increase. If it was closer to $4 it would be a 4000% increase. That's massive...I've been saying this to my long timers throughout the entire year of 2019... [Post 1 of 2 stay tuned!]
1-1-2020 Intel Guru MarkZ [Any news on the flat tax?] No...We have seen a number of resolution bills that are still in committee pointing to they are prepared for the flat tax…the paperwork is in place...they need to pull a quick vote for approval
1-1-2020 Newshound Guru Adam Montana [Well, it looks like that Iran /Iraq relationship has just about ended our dream of any kind of RV/RI...] Ok, chicken little, the sky is not falling...We know things are going to get crazy before the RV. This might be the start of it, but this is definitely not "game over"!
1-1-2020 Intel Guru MarkZ Really great chatter coming out of the banking centers...here in the US it appears they are in place with great expectations of a release sometime today...I have heard they want it out the door today, but since we have heard that many times before...not sure what to think but since my contacts are at work today in redemption centers I am cautiously optimistic. If you listen to the banking centers we are within hours or days...I look at the indicators…what Iraq banks are doing between now and Jan 5th (no loans, no cash deposits or withdrawals) so personally I think we are in the best window right now to see it. I am trying to moderate my excitement.
1-1-2020 Intel Guru Bruce I found out...the 31st of December that the intent was to get this whole RV/ GCR done mid October but we weren’t ready for it...Then...to try to get there by 13th 14th or 15th of December – and we could not make that happen ...Then the process was like ...we are looking at after the first of the year and I don’t mean long after either ...Joe Public...is set to start approximately the 15th of January...That means we need to be in and through by then... In fact, the entire process for us and the public they want to have completed by the very end of January...totally DONE... COMPLETE... So that gives you some idea of the timeline we’re on... If everything goes according to plan and as it is now we should be there by the end of this week... I think we’re looking very, very good before the weekend okay?
1-1-2020 Newshound Guru Jeff ...Iraq already came out telling you they're doing a temporary interim budget at the beginning of the year which means the 2020 budget will not cover starting from January. They're telling you that they're going to utilize a new fiscal year. Because of that temporary budget...the factual data shows that they're transitioning back to their previous fiscal year going from April through March... [Post 2 of 2]
1-1-2020 Newshound Guru Jeff ...You have to look at Kuwait's as a prime example to gauge Iraq. Kuwait specifically did theirs on a Sunday morning of March 24th of '91. The reason it was done at that time is because that was done shortly before the beginning of their fiscal year which would be April 1st...Iraq is gonna have to change the rate at the beginning period of a new accounting period...because this is such a major rate change...if it was $3 that would be a 3000% increase. If it was closer to $4 it would be a 4000% increase. That's massive...I've been saying this to my long timers throughout the entire year of 2019... [Post 1 of 2 stay tuned!]
1-1-2020 Intel Guru MarkZ [Any news on the flat tax?] No...We have seen a number of resolution bills that are still in committee pointing to they are prepared for the flat tax…the paperwork is in place...they need to pull a quick vote for approval
12-31-2019 Newshound/Intel Guru Mnt Goat It takes time and we see much progress. The Iranian backed blocs have to get it into their thick heads that things are NOT going back to their form of normal (meaning corruption). Already the new election law changes how the process works. Oh – yes they would like things to settle back down their way so they can keep stealing from Iraq and feeding Iran. But this is why the demonstrations are happening in the first place and so this is NOT going to happen, not ever! ...We must go through this to get to it (our investment). [post 2 of 2]
12-31-2019 Newshound/Intel Guru Mnt Goat UPDATE: Reinstatement progress...Remember that the UN and Sadr both agreed to finally pay out the excess oil revenues through the HCL to the citizens and do it now. ...This was weeks ago? But we also know this will take a change in the rate and will trigger the smaller of the small category denominations to come out. The process has been set up that way to happen. So we wait...for things to settle down. But they will not even begin to settle down until a new prime minister is selected that meets the demands of the protestors. When will this happen? [post 1 of 2....stay tuned]
12-31-2019 Intel Guru Jeff I'm looking for two key things right now within the month of January [Budget and PM]. IMO I feel Iraq has about 90 days. They're not in any kind of rush. 90 days to really get the money positioned and change the rate. I'm looking from the beginning of January through the end of March...
12-31-2019 Intel Guru MarkZ The Iraqi run on the US Embassy guys…can you blame them? I do not think this is a negative for us…I think this is positive for us. The Iraqi people are being held hostage monetarily while America screws around getting things done or not done…Iraq is ready…has been ready…They have done what they needed to do to revalue their currency…they are beyond frustrated.
12-31-2019 Newshound/Intel Guru Mnt Goat So the news today is still all about the Iranian influence in Iraq and the chaos it is causing. Finally, the US forces took action against them. The protestors support this action. Some Iranian backed politicians, of course, did not like and so spoke up. But this will all change and sooner than later. It may take an escalation of the US forces to push them out... What will happen? Whatever does happen must be met with support from the GOI and parliament.
12-31-2019 Newshound Guru Jeff ...Iraq through the year of '19 has showed you a lot of articles showing if they were to change the rate right now because they are pegged to the dollar that the new rate they'd achieve would be "$1 plus". In order for them to achieve a "$3 plus" rate they have to have to do what Kuwait has done. They have to un-peg from the dollar and re-peg to a currency assortment basket...
12-31-2019 Intel Guru Delta REPORT IS OUT FOR NOV ...CBI DID PRINT CURRENCY ON NOV AT THE COST OF $35,006,954 WORTH...800,182,960,000 DINARS.
12-31-2019 Newshound/Intel Guru Mnt Goat UPDATE: Reinstatement progress...Remember that the UN and Sadr both agreed to finally pay out the excess oil revenues through the HCL to the citizens and do it now. ...This was weeks ago? But we also know this will take a change in the rate and will trigger the smaller of the small category denominations to come out. The process has been set up that way to happen. So we wait...for things to settle down. But they will not even begin to settle down until a new prime minister is selected that meets the demands of the protestors. When will this happen? [post 1 of 2....stay tuned]
12-31-2019 Intel Guru Jeff I'm looking for two key things right now within the month of January [Budget and PM]. IMO I feel Iraq has about 90 days. They're not in any kind of rush. 90 days to really get the money positioned and change the rate. I'm looking from the beginning of January through the end of March...
12-31-2019 Intel Guru MarkZ The Iraqi run on the US Embassy guys…can you blame them? I do not think this is a negative for us…I think this is positive for us. The Iraqi people are being held hostage monetarily while America screws around getting things done or not done…Iraq is ready…has been ready…They have done what they needed to do to revalue their currency…they are beyond frustrated.
12-31-2019 Newshound/Intel Guru Mnt Goat So the news today is still all about the Iranian influence in Iraq and the chaos it is causing. Finally, the US forces took action against them. The protestors support this action. Some Iranian backed politicians, of course, did not like and so spoke up. But this will all change and sooner than later. It may take an escalation of the US forces to push them out... What will happen? Whatever does happen must be met with support from the GOI and parliament.
12-31-2019 Newshound Guru Jeff ...Iraq through the year of '19 has showed you a lot of articles showing if they were to change the rate right now because they are pegged to the dollar that the new rate they'd achieve would be "$1 plus". In order for them to achieve a "$3 plus" rate they have to have to do what Kuwait has done. They have to un-peg from the dollar and re-peg to a currency assortment basket...
12-31-2019 Intel Guru Delta REPORT IS OUT FOR NOV ...CBI DID PRINT CURRENCY ON NOV AT THE COST OF $35,006,954 WORTH...800,182,960,000 DINARS.
12-30-2019 Newshound Guru Jeff Article via ZazaZoom "Parliamentary Finance: The Government will proceed with the interim budget" ...there are a whole bunch of gurus talking about new rates and everything coming out around January 1st. If they were going to complete the budget and put out a brand new rate January 1st they would not be doing a temporary budget or interim budget. This is the third article I've seen talking about this...
12-30-2019 Intel Guru MarkZ I believe we will be in a great place again starting sometime today. With people getting back into position I am very excited about this week. The reset has been started…imo .they will not be able to stop it now…
12-30-2019 Guest Guru Tekmouse Reducing the amount issued to 5 tril limits the amount of notes that it can be. If you take the time they stated they had 9 billion notes out there, their 'Currency Issued by CBI " was approx 40 trillion. So divide the 40 trillion by 9 billion notes and you get the average note value. Take that same note value, as a closest guess based on historical data, and divide it by the current 5.1 trillion 'Currency Issued by the CBI' - so 5.1 tril divided by 4,444 is 1,147,614,761 notes. A SWAG, if you will. But eh SWAG is below the 3 billion notes required to reach $1.17 and close to the 1 billion notes required to reach the CBI's desired $3.25... [Post 2 of 2]
12-30-2019 Guest Guru Tekmouse [Response to Frank & Delta Post 12-29-2019] The M0 is not the value of their currency alone. An M0 INCLUDES the country's money in it. If you had $10,000 in the bank your personal M0 would not be $10,000. It would be whatever your car, house, plane cash, portfolio etc is COMBINED...The M0 is the value of their assets. They're [Iraq] freaking rich. It's even more significant that they went from 50 trillion in total to 5 trillion in total. 5.1 trillion Currency issued by CBI is lower than Jan 2004, which was 6.1 trillion. The value of the currency is factored greatly by the amount of notes...The CBI stated they need to REDUCE the note count to 3 billion notes to get to their $1.17, per their foreign policy. They were at 22 billion at one point and then they were down to 9 billion 5 years ago. [Post 1 of 2....stay tuned]
12-30-2019 Newshound Guru Jeff ...In order for Iraq to have a rate greater than $1-plus and go up to $3-plus they need to un-peg from the dollar and go to a new fiscal year. Then they would have to be pegged to a currency assortment basket to achieve a rate greater than $1. That would most likely transition them to a different fiscal period and that would suggest to us why they're doing this temporary budget...[Post 2 of 2]
12-30-2019 Newshound Guru Jeff Article via ZazaZoom: "Parliamentary Finance: The Government will proceed with the interim budget" ...The reason why they've never done an interim budget but they would now need to tells us they're most likely transitioning to a different fiscal period and they would need some kind of temporary funds to cover them for the period of time that the main budget is not covered...historically in the 70's their fiscal year went from April through the end of March. Identical to Kuwait's... [Post 1 of 2....stay tuned]
12-30-2019 Intel Guru Delta it's a high possibility IMO that we might...see the rate [December] 31st on the Central Bank of Iraq website. We might not see it until the 2nd...we're definitely on track...
12-30-2019 Intel Guru MarkZ I believe we will be in a great place again starting sometime today. With people getting back into position I am very excited about this week. The reset has been started…imo .they will not be able to stop it now…
12-30-2019 Guest Guru Tekmouse Reducing the amount issued to 5 tril limits the amount of notes that it can be. If you take the time they stated they had 9 billion notes out there, their 'Currency Issued by CBI " was approx 40 trillion. So divide the 40 trillion by 9 billion notes and you get the average note value. Take that same note value, as a closest guess based on historical data, and divide it by the current 5.1 trillion 'Currency Issued by the CBI' - so 5.1 tril divided by 4,444 is 1,147,614,761 notes. A SWAG, if you will. But eh SWAG is below the 3 billion notes required to reach $1.17 and close to the 1 billion notes required to reach the CBI's desired $3.25... [Post 2 of 2]
12-30-2019 Guest Guru Tekmouse [Response to Frank & Delta Post 12-29-2019] The M0 is not the value of their currency alone. An M0 INCLUDES the country's money in it. If you had $10,000 in the bank your personal M0 would not be $10,000. It would be whatever your car, house, plane cash, portfolio etc is COMBINED...The M0 is the value of their assets. They're [Iraq] freaking rich. It's even more significant that they went from 50 trillion in total to 5 trillion in total. 5.1 trillion Currency issued by CBI is lower than Jan 2004, which was 6.1 trillion. The value of the currency is factored greatly by the amount of notes...The CBI stated they need to REDUCE the note count to 3 billion notes to get to their $1.17, per their foreign policy. They were at 22 billion at one point and then they were down to 9 billion 5 years ago. [Post 1 of 2....stay tuned]
12-30-2019 Newshound Guru Jeff ...In order for Iraq to have a rate greater than $1-plus and go up to $3-plus they need to un-peg from the dollar and go to a new fiscal year. Then they would have to be pegged to a currency assortment basket to achieve a rate greater than $1. That would most likely transition them to a different fiscal period and that would suggest to us why they're doing this temporary budget...[Post 2 of 2]
12-30-2019 Newshound Guru Jeff Article via ZazaZoom: "Parliamentary Finance: The Government will proceed with the interim budget" ...The reason why they've never done an interim budget but they would now need to tells us they're most likely transitioning to a different fiscal period and they would need some kind of temporary funds to cover them for the period of time that the main budget is not covered...historically in the 70's their fiscal year went from April through the end of March. Identical to Kuwait's... [Post 1 of 2....stay tuned]
12-30-2019 Intel Guru Delta it's a high possibility IMO that we might...see the rate [December] 31st on the Central Bank of Iraq website. We might not see it until the 2nd...we're definitely on track...
12-29-2019 Newshound Guru Adam Montana [So, I can't help but think if there was a 10 cent with a float, there would be a MASSIVE run on the buying of dinar...] massive run on the dinar - YES, which means a massive influx of cash to Iraq’s vaults, which makes them look better, which adds to the demand for dinar, which raises the price, which puts more money in their vaults, and on and on. It’s a snowball effect at that point. I don’t want to see a massive run on the Dinar before the RV. I DO want to see that immediately following the RV.
12-29-2019 Intel Gurus Frank26 & Delta ...we got the proof that the CBI did delete the zeros at the end of November...CBI website... remember the money supply was 50 trillion...it dropped all the way down to 5 trillion...[Guru] MilitiaMan found this...another proof of the positioning that they're about to do with this...this is real numbers...they did this on November 30th...
12-29-2019 Intel Guru footforward Let me be really clear. I don't believe there has been an "in country ...I'm suggesting somewhere on paper they have changed their money supply for when the RV happens. They are getting ready for this...If they have reduced the money supply, that is a huge change. That hasn't been done before...Not like this...So the only other thing that would account for a shift of 45 trillion in their money supply is if the value increased...I think they went from 50 trillion dinar notes to 5 trillion notes and fills...If they revalued and had that much currency, the dinar wouldn't be worth much...
12-29-2019 Intel Guru Frank26 ...on January 1st IMO a 2020 budget for the Iraqi government should come out. IMO it has a higher chance of coming out with a new rate for new small category notes they want to introduce so badly. They are in the position to do so in that budget. If not then based on how much longer or violent the protesting will be that might be the barometer that we need in order to determine when we're gonna see the new rate...this rioting is definitely influential in when they're going to release it...
12-29-2019 Newshound Guru chattels With all due respect to those who believe that the GOI is not as important as the CBI, I ask what monetary or banking policy can exist if there is no functional government ?
12-29-2019 Intel Gurus Frank26 & Delta ...we got the proof that the CBI did delete the zeros at the end of November...CBI website... remember the money supply was 50 trillion...it dropped all the way down to 5 trillion...[Guru] MilitiaMan found this...another proof of the positioning that they're about to do with this...this is real numbers...they did this on November 30th...
12-29-2019 Intel Guru footforward Let me be really clear. I don't believe there has been an "in country ...I'm suggesting somewhere on paper they have changed their money supply for when the RV happens. They are getting ready for this...If they have reduced the money supply, that is a huge change. That hasn't been done before...Not like this...So the only other thing that would account for a shift of 45 trillion in their money supply is if the value increased...I think they went from 50 trillion dinar notes to 5 trillion notes and fills...If they revalued and had that much currency, the dinar wouldn't be worth much...
12-29-2019 Intel Guru Frank26 ...on January 1st IMO a 2020 budget for the Iraqi government should come out. IMO it has a higher chance of coming out with a new rate for new small category notes they want to introduce so badly. They are in the position to do so in that budget. If not then based on how much longer or violent the protesting will be that might be the barometer that we need in order to determine when we're gonna see the new rate...this rioting is definitely influential in when they're going to release it...
12-29-2019 Newshound Guru chattels With all due respect to those who believe that the GOI is not as important as the CBI, I ask what monetary or banking policy can exist if there is no functional government ?
12-28-2019 Intel Guru Frank26 [If they adjusted the rate higher than a 1 to 1 value (5 to 1) would there still be a different rate for out of country or just the single rate.] A DINAR IS A DINAR IN COUNTRY...A DINAR OUT OF THE COUNTRY IS GOVERNED BY THE MARKET RATE. THESE ARE TWO DIFFERENT... POSITIONS... RATES.
12-28-2019 Newshound Guru Adam Montana ...Last week, several options were considered, and they ended up with a completely unacceptable candidate: The current governor of Basra, Asaad Al-Eidani. *Sigh*... as if that was going to go well! Now, the President of Iraq Barham Saleh has stated that HE will also resign over the reaction to this nomination! ...Bottom line... the people are going to win this one. There WILL be a massive change in Iraq, and it's happening. Right now. Overall, I'm very happy with the situation. [post 2 of 2]
12-28-2019 Newshound Guru Adam Montana Iraq is taking the end of 2019 serious...First, the recent history: Beginning of October 2019, the people of Iraq began protesting. And when I say "protesting", I mean riots, people dead, "we're not going to take it" level of protesting. The most recent Prime Minister quit, and his successor needed to be named in a short period of time. Parliament made it known that the voices of the people were heard, they know they can't just stick another puppet up there and expect things to be okay again... [post 1 of 2....stay tuned]
12-28-2019 Newshound Guru chattels Quote: "...the 2020 budget has some amazing stuff in it...Article 140, HCL all that is now inside the 2020 budget..." How is Article 140 inside the 2020 Budget? The Iraqi budget, when passed, becomes law for the year of that budget. The HCL is a permanent accord between the GOI and the KRG which governs many things related to oil production, sales, etc. There have been at least two drafts of the HCL, neither adopted and none in and budget law.
12-28-2019 Intel Guru Frank26 [Reference Delta Post 12-28-2019] ...This is a break in the pattern of the last 11 years...this is a pattern in which the CBI is involved in this process through the banks. Citizens cannot withdraw. They cannot deposit. They can't touch them. Nada until the 5th of January...this has never happened before and it's so unprecedented...
12-28-2019 Intel Guru Delta ...you [CBI] are about to introduce the lower denominations. You're about to change your rate. You don't want to mess this one up...I've never seen this pattern before...there's something fishy here. There's something going on IMO...they might load those ATMs with lower denominations. Whatever the case definitely it's very interesting and this is out of the pattern...Everything is shut down and now is the right time for you to show everything... [Post 2 of 2]
12-28-2019 Intel Guru Delta ...more confirmation that we may see something...the Trade Bank of Iraq they came out with three separate announcements for their own customers...They're stating that they are going to start suspending some activities...you cannot withdraw cash starting on Thursday [26th]...And on Sunday the 29th they're going to suspend all the wire transfers and all the deposits. On Sunday you cannot deposit cash and cannot wire transfer...I've never seen a bank shutting down the cash. You cannot withdraw cash. You cannot deposit cash. This is very interesting to see because it's never happened before... [Post 1 of 2.... stay tuned]
12-28-2019 Intel Guru MarkZ [Did Iraq get a new Prime Minister?] I was told the back door deals, the hand-shaking is done and they expect to announce it on Sunday. I think they will be shaking off more of the Iranian clutches from their government.
12-28-2019 Newshound Guru Jeff IMO we are at the last step waiting for Iraq to position and allocate money from within the 2020 budget. But they put a little spin on this. Now I strongly feel that we are waiting for them to resolve the prime-minister issue...IMO we want to see the Prime-minister portion resolved by or around January 15th...that would easily leave them two and a half months to tackle the 2020 budget...IMO the 2020 budget is the very last step that we're waiting on...I still feel we're in a very good position. Obviously just a little time is needed...
12-28-2019 Newshound Guru Adam Montana ...Last week, several options were considered, and they ended up with a completely unacceptable candidate: The current governor of Basra, Asaad Al-Eidani. *Sigh*... as if that was going to go well! Now, the President of Iraq Barham Saleh has stated that HE will also resign over the reaction to this nomination! ...Bottom line... the people are going to win this one. There WILL be a massive change in Iraq, and it's happening. Right now. Overall, I'm very happy with the situation. [post 2 of 2]
12-28-2019 Newshound Guru Adam Montana Iraq is taking the end of 2019 serious...First, the recent history: Beginning of October 2019, the people of Iraq began protesting. And when I say "protesting", I mean riots, people dead, "we're not going to take it" level of protesting. The most recent Prime Minister quit, and his successor needed to be named in a short period of time. Parliament made it known that the voices of the people were heard, they know they can't just stick another puppet up there and expect things to be okay again... [post 1 of 2....stay tuned]
12-28-2019 Newshound Guru chattels Quote: "...the 2020 budget has some amazing stuff in it...Article 140, HCL all that is now inside the 2020 budget..." How is Article 140 inside the 2020 Budget? The Iraqi budget, when passed, becomes law for the year of that budget. The HCL is a permanent accord between the GOI and the KRG which governs many things related to oil production, sales, etc. There have been at least two drafts of the HCL, neither adopted and none in and budget law.
12-28-2019 Intel Guru Frank26 [Reference Delta Post 12-28-2019] ...This is a break in the pattern of the last 11 years...this is a pattern in which the CBI is involved in this process through the banks. Citizens cannot withdraw. They cannot deposit. They can't touch them. Nada until the 5th of January...this has never happened before and it's so unprecedented...
12-28-2019 Intel Guru Delta ...you [CBI] are about to introduce the lower denominations. You're about to change your rate. You don't want to mess this one up...I've never seen this pattern before...there's something fishy here. There's something going on IMO...they might load those ATMs with lower denominations. Whatever the case definitely it's very interesting and this is out of the pattern...Everything is shut down and now is the right time for you to show everything... [Post 2 of 2]
12-28-2019 Intel Guru Delta ...more confirmation that we may see something...the Trade Bank of Iraq they came out with three separate announcements for their own customers...They're stating that they are going to start suspending some activities...you cannot withdraw cash starting on Thursday [26th]...And on Sunday the 29th they're going to suspend all the wire transfers and all the deposits. On Sunday you cannot deposit cash and cannot wire transfer...I've never seen a bank shutting down the cash. You cannot withdraw cash. You cannot deposit cash. This is very interesting to see because it's never happened before... [Post 1 of 2.... stay tuned]
12-28-2019 Intel Guru MarkZ [Did Iraq get a new Prime Minister?] I was told the back door deals, the hand-shaking is done and they expect to announce it on Sunday. I think they will be shaking off more of the Iranian clutches from their government.
12-28-2019 Newshound Guru Jeff IMO we are at the last step waiting for Iraq to position and allocate money from within the 2020 budget. But they put a little spin on this. Now I strongly feel that we are waiting for them to resolve the prime-minister issue...IMO we want to see the Prime-minister portion resolved by or around January 15th...that would easily leave them two and a half months to tackle the 2020 budget...IMO the 2020 budget is the very last step that we're waiting on...I still feel we're in a very good position. Obviously just a little time is needed...
12-27-2019 Newshound Guru Kaperoni This is a process that's going to take time and the first thing we need to see is laws to support private investment. And then the hope that the government will open the economy as a result...Until laws are passed and in place and private investment comes in to rebuild there will be no appreciation of the dinar
12-27-2019 Intel Guru Bruce I believe it’s complete in the sense that we heard ...the Dept of Defense... activated the release codes so it could be handed off to the treasury... Now the Dept of Defense would not have done that...handed it off...had it not been ready/ complete...I take that as a very good sign...So we have to be open to this going at any moment any time...any day...Let’s be open to that possibility ...Would it be possible to start this on the first of January? ...I would say it’s very possible... [post 2 of 2]
12-27-2019 Intel Guru Bruce ...we expected to have something before Christmas and it did not come through and...I really think that we’re at a good place...We haven’t gone because we had at least 64 arrests of bankers this past week...these individuals in various ways were trying to stop this from going...they were holding it up...Now the good news is they have...made...changes to their personnel and hopefully that will take care of that problem... [post 1 of 2....stay tuned]
12-27-2019 Newshound Guru Jeff ...Iraq is strongly positioning themselves for the rate change. What has Iraq done through 2019? One thing that Iraq did was they ...strongly promoted the use of their own currency through writing loans...What else happened? They launched...a single currency practice...They were not able to utilize any other currencies to pay for reconstruction because they can only use the Iraq dinar going forward...what that does is strengthens their native currency...but they can't pay for that reconstruction...all that budget money is now inside the 2020 budget. They can't pay for it until after the rate change. That's an international step...the 2020 budget has some amazing stuff in it...Article 140, HCL all that is now inside the 2020 budget...
12-27-2019 Intel Guru MarkZ [via PDK] It was quiet last night as I expected...I am not looking for anything to happen until the 29th or 30th. Sunday /Monday is when I am looking at right now for things to heat back up. Could they surprise us and do things sooner...They absolutely could. It’s not out of the picture. We are in a tremendous spot right now…a great window. I’m not ruling it out - just not looking for it until the weekend.
12-27-2019 Intel Guru DELTA "We Found Something Big and Huge" ...URGENT ...[Gurus] MilitiaMan & FRANKIE [Frank26] & MYSELF WE FOUND SOMETHING SO BIG AND HUGE AND WE GOT THE PROVE THAT CBI DID DELETE ZEROS END OF NOVEMBER...WE WILL SEE WHEN TO RELEASE THE INFO...
12-27-2019 Newshound Guru chattels Article: "/Nina/ publishes the first amendment proposal for the Federal Financial Management Law Thursday 26, December 2019" At one time the gurus hailed the financial management law as a harbinger of the "RV". It was then and is now simply an accounting regulatory law, IMO.
12-27-2019 Newshound/Intel Guru Mnt Goat Wow! The news from Iraq is finally breaking wide-open and is all very good for us. The stalemate seems to be almost over and if it continues we might just see the reinstatement yet in early 2020... So Iraq still needs a new prime minister, someone the US and UN can also approve will preserve the Iraqi constitution. We see...on Christmas Eve the Electoral Law was finally agreed on and passed. Now two readings already on amendments to the Financial Administration Law. So let’s get the new prime minster completed. The CBI is waiting…
12-27-2019 Intel Guru Bruce I believe it’s complete in the sense that we heard ...the Dept of Defense... activated the release codes so it could be handed off to the treasury... Now the Dept of Defense would not have done that...handed it off...had it not been ready/ complete...I take that as a very good sign...So we have to be open to this going at any moment any time...any day...Let’s be open to that possibility ...Would it be possible to start this on the first of January? ...I would say it’s very possible... [post 2 of 2]
12-27-2019 Intel Guru Bruce ...we expected to have something before Christmas and it did not come through and...I really think that we’re at a good place...We haven’t gone because we had at least 64 arrests of bankers this past week...these individuals in various ways were trying to stop this from going...they were holding it up...Now the good news is they have...made...changes to their personnel and hopefully that will take care of that problem... [post 1 of 2....stay tuned]
12-27-2019 Newshound Guru Jeff ...Iraq is strongly positioning themselves for the rate change. What has Iraq done through 2019? One thing that Iraq did was they ...strongly promoted the use of their own currency through writing loans...What else happened? They launched...a single currency practice...They were not able to utilize any other currencies to pay for reconstruction because they can only use the Iraq dinar going forward...what that does is strengthens their native currency...but they can't pay for that reconstruction...all that budget money is now inside the 2020 budget. They can't pay for it until after the rate change. That's an international step...the 2020 budget has some amazing stuff in it...Article 140, HCL all that is now inside the 2020 budget...
12-27-2019 Intel Guru MarkZ [via PDK] It was quiet last night as I expected...I am not looking for anything to happen until the 29th or 30th. Sunday /Monday is when I am looking at right now for things to heat back up. Could they surprise us and do things sooner...They absolutely could. It’s not out of the picture. We are in a tremendous spot right now…a great window. I’m not ruling it out - just not looking for it until the weekend.
12-27-2019 Intel Guru DELTA "We Found Something Big and Huge" ...URGENT ...[Gurus] MilitiaMan & FRANKIE [Frank26] & MYSELF WE FOUND SOMETHING SO BIG AND HUGE AND WE GOT THE PROVE THAT CBI DID DELETE ZEROS END OF NOVEMBER...WE WILL SEE WHEN TO RELEASE THE INFO...
12-27-2019 Newshound Guru chattels Article: "/Nina/ publishes the first amendment proposal for the Federal Financial Management Law Thursday 26, December 2019" At one time the gurus hailed the financial management law as a harbinger of the "RV". It was then and is now simply an accounting regulatory law, IMO.
12-27-2019 Newshound/Intel Guru Mnt Goat Wow! The news from Iraq is finally breaking wide-open and is all very good for us. The stalemate seems to be almost over and if it continues we might just see the reinstatement yet in early 2020... So Iraq still needs a new prime minister, someone the US and UN can also approve will preserve the Iraqi constitution. We see...on Christmas Eve the Electoral Law was finally agreed on and passed. Now two readings already on amendments to the Financial Administration Law. So let’s get the new prime minster completed. The CBI is waiting…
12-26-2019 Intel Guru MarkZ [via PDK] [Can Iraq still go with no new prime minister in place?] Yes they can…we have to stop thinking of the politics in those countries and focus on “Do they have the assets” to do this. ...With an asset backed currency…you just have to have the assets in place to justify the value. So yes, I believe. Unless there is tremendous upheaval and turmoil... that they can go with or without a new leader in place
12-26-2019 Intel Guru Jeff ...I've been in this 10 years. I think I've only seen one article in 10 years where they ever talked about the physical exchange rate of the Iraq dinar ever being in the $3+ range. Like 99% of all the articles I've seen that mentioned anything about the Iraq exchange rate they've always showed it to be in the dollar range. Why is that? They're never gonna show you the real truth as to what the rate is even gonna be. That's why like I said 99% of the articles are talking about the dinar exchange rate being pegged to the dollar showing that the value of the exchange rate is in the dollar range. They don't want us to know that it could be in the $3+ range...they don't want you to think that it could even reach $3+...
12-26-2019 Newshound Guru larrykn As for the dinar...Look at the news and what they are doing...do you really believe they would change the rate when they don't even have a government in place. I think not. I'm sorry but it looks like we will still be here for awhile...not saying this won't happen but I do believe they have to have the country in order before they can do this...
12-26-2019 Intel Guru MarkZ Iraq has announced that they will be inventorying all their cash between the 29th of Dec. to Jan. 5th. Meaning their banks are not going to do any cash withdrawals as they inventory all the cash in the country. According to my contacts in Iraq say Iraq is planning to release the new rate at that time. This is really important IMO…the highlight of our window…Could they pull it off earlier with everyone quiet and gone…absolutely…would this be an ideal time? Absolutely…if they want to do it under the radar. So with Iraq making that announcement this is a golden opportunity …and I hear from everyone we are still in a perfect spot.
12-26-2019 Newshound Guru Jeff ...[Guru's] Frank26, Delta and MilitiaMan are all of the opinion that the rate will change around the beginning of this fiscal year...[MilitiaMan] is saying that March is a reckless rumor...here's where he's wrong...Iraq's never done a rate change at the end of the year...roughly 2010... Shabibi said that the best time for a rate change is either at the beginning of a fiscal year or middle. They've never commented around the end of a fiscal year...Back in the '70s Iraq's fiscal period was actually the exact same as Kuwait's from the beginning of April through the end of March...in 1973 Iraq's currency pegged to the dollar was worth $3.37 ... ...Iraq's preparing to join the international world community...Iraq will start managing and controlling all of their own affairs...that's when they would most likely transition to a new fiscal year and un-peg from the dollar and repeg to a currency assortment basket to be structured exactly how Kuwait is structured today...
12-26-2019 Newshound/Intel Guru Mnt Goat ...This part of HCL is very significant because the conditions specified for these payments is bringing the provisional rate to 1:1 with the US dollar first and paying out under this new rate. As I told you before it is going to be more like about 83 cents rather than 1.00. I am seeing some positive signs ...time will tell. We are hopeful this window of opportunity is taken advantage of and finally Iraq will move forward again with the project to delete the zeros. [post 2 of 2]
12-26-2019 Newshound/Intel Guru Mnt Goat I was hoping for announcements by the GOI on certain aspects that did not happen...These announcements should be about the payments of the HCL excess oil revenues to the citizens and hopefully the new prime minister. ...I have evidence of a meeting with the UN, US, CBI and the GOI and agreements have been made to do so soon, in fact it was supposed to happen already last week. [post 1 of 2....stay tuned]
12-26-2019 Intel/Newshound Guru Delta ...This is coming from the CBI...they said they can not change the value at any time...there is a legal and international policy they can change the rate only the first of the fiscal year. That's January 1st. That's why they could not do it July, August or September. We were wrong unfortunately...we thought they could do it at any time. That's wrong. They can not do it at any time...we are in a very good position right now...they ordered [the powers that be] the CBI that this time they are going to do it. There is no delay.
12-26-2019 Intel Guru Bruce ...The bank screens, were gray scale for days last week we didn’t have rates on the front screen at all - Now we have front screen rates in green - so we have the green light so to speak on the front screen... Well it doesn’t do us any good if we’re not in there – it’s good to know that they are there and are populated – We also know that the Iraqi dinar is going to be increasing in value – continuing to increase – and it should be settled in at whatever time we tier 4B are finally released to come in for our exchanges...what I’ve heard from bank sources today is that we should be in the driver’s seat by Thursday the 26th...But if we don’t...start our exchanging by Friday then we are looking to Monday-Tuesday start...I hate the term “Back walls” ...but this is from a very, very strong authority...
12-26-2019 Intel Guru Jeff ...I've been in this 10 years. I think I've only seen one article in 10 years where they ever talked about the physical exchange rate of the Iraq dinar ever being in the $3+ range. Like 99% of all the articles I've seen that mentioned anything about the Iraq exchange rate they've always showed it to be in the dollar range. Why is that? They're never gonna show you the real truth as to what the rate is even gonna be. That's why like I said 99% of the articles are talking about the dinar exchange rate being pegged to the dollar showing that the value of the exchange rate is in the dollar range. They don't want us to know that it could be in the $3+ range...they don't want you to think that it could even reach $3+...
12-26-2019 Newshound Guru larrykn As for the dinar...Look at the news and what they are doing...do you really believe they would change the rate when they don't even have a government in place. I think not. I'm sorry but it looks like we will still be here for awhile...not saying this won't happen but I do believe they have to have the country in order before they can do this...
12-26-2019 Intel Guru MarkZ Iraq has announced that they will be inventorying all their cash between the 29th of Dec. to Jan. 5th. Meaning their banks are not going to do any cash withdrawals as they inventory all the cash in the country. According to my contacts in Iraq say Iraq is planning to release the new rate at that time. This is really important IMO…the highlight of our window…Could they pull it off earlier with everyone quiet and gone…absolutely…would this be an ideal time? Absolutely…if they want to do it under the radar. So with Iraq making that announcement this is a golden opportunity …and I hear from everyone we are still in a perfect spot.
12-26-2019 Newshound Guru Jeff ...[Guru's] Frank26, Delta and MilitiaMan are all of the opinion that the rate will change around the beginning of this fiscal year...[MilitiaMan] is saying that March is a reckless rumor...here's where he's wrong...Iraq's never done a rate change at the end of the year...roughly 2010... Shabibi said that the best time for a rate change is either at the beginning of a fiscal year or middle. They've never commented around the end of a fiscal year...Back in the '70s Iraq's fiscal period was actually the exact same as Kuwait's from the beginning of April through the end of March...in 1973 Iraq's currency pegged to the dollar was worth $3.37 ... ...Iraq's preparing to join the international world community...Iraq will start managing and controlling all of their own affairs...that's when they would most likely transition to a new fiscal year and un-peg from the dollar and repeg to a currency assortment basket to be structured exactly how Kuwait is structured today...
12-26-2019 Newshound/Intel Guru Mnt Goat ...This part of HCL is very significant because the conditions specified for these payments is bringing the provisional rate to 1:1 with the US dollar first and paying out under this new rate. As I told you before it is going to be more like about 83 cents rather than 1.00. I am seeing some positive signs ...time will tell. We are hopeful this window of opportunity is taken advantage of and finally Iraq will move forward again with the project to delete the zeros. [post 2 of 2]
12-26-2019 Newshound/Intel Guru Mnt Goat I was hoping for announcements by the GOI on certain aspects that did not happen...These announcements should be about the payments of the HCL excess oil revenues to the citizens and hopefully the new prime minister. ...I have evidence of a meeting with the UN, US, CBI and the GOI and agreements have been made to do so soon, in fact it was supposed to happen already last week. [post 1 of 2....stay tuned]
12-26-2019 Intel/Newshound Guru Delta ...This is coming from the CBI...they said they can not change the value at any time...there is a legal and international policy they can change the rate only the first of the fiscal year. That's January 1st. That's why they could not do it July, August or September. We were wrong unfortunately...we thought they could do it at any time. That's wrong. They can not do it at any time...we are in a very good position right now...they ordered [the powers that be] the CBI that this time they are going to do it. There is no delay.
12-26-2019 Intel Guru Bruce ...The bank screens, were gray scale for days last week we didn’t have rates on the front screen at all - Now we have front screen rates in green - so we have the green light so to speak on the front screen... Well it doesn’t do us any good if we’re not in there – it’s good to know that they are there and are populated – We also know that the Iraqi dinar is going to be increasing in value – continuing to increase – and it should be settled in at whatever time we tier 4B are finally released to come in for our exchanges...what I’ve heard from bank sources today is that we should be in the driver’s seat by Thursday the 26th...But if we don’t...start our exchanging by Friday then we are looking to Monday-Tuesday start...I hate the term “Back walls” ...but this is from a very, very strong authority...
12-25-2019 Newshound/Intel Guru Mnt Goat What I am still hearing is that our window of now until mid-January is still wide open. It could literally happen at any moment during this period. The demonstrators have a huge impact and will force this out. No, Iraq does not need a robust economy or a market economy to allow the reinstatement of the dinar. Like I keep telling everyone, there is a difference between VALUE and the RATE of a currency. We know for a FACT that the Iraq dinar has the value it needs already way beyond its current rate. The rate is being held back intentionally due to corruption.
12-25-2019 Intel/Newshound Guru Frank 26 ...I believe in my heart and my opinion that the rate and the budget come out together...
12-25-2019 Newshound Guru Adam Montana [...you still thinking $0.10 or something more substantial given the increasing political pressure?] $0.10 still makes as much sense as it did before, and would be substantial enough to get everyone off the riot bus. The other side of that topic is "float or fixed", and I'm leaning heavily towards "float". This will keep pressure on all parties to keep moving Iraq forward, which may turn a .10 exchange rate into much more in a short time. The catch to that is going to be the cash in timeframe. I'm convinced it will be at least 90 days, but probably no more than a year. The new and old currencies would be used at the same time, and there's a good chance it will make sense to reinvest in the new currency as well. That is ONLY true if it's a float...
12-25-2019 Intel/Newshound Guru Delta ...the Education Minister in the Parliament they stated that in the budget 2020 they have this grant for students and the amount is 30,000 dinar only...30K doesn't make sense...30K at this rate isn't even $25. That doesn't make sense...which is more confirmation of what's in our opinion what you're waiting for with the dinars...
12-25-2019 Newshound Guru chattels Article: "Iraq’s parliament passes new electoral law after months of protests" The new law approved today means votes will be cast for individuals and not political lists, potentially lessening the influence of the established parties.
12-25-2019 Intel Guru MarkZ [Are the rates about the same or have they dropped a bit?] I hear some may have gone up a bit…so I am looking for them to be about the same or marginally higher
12-25-2019 Intel/Newshound Guru Frank 26 ...I believe in my heart and my opinion that the rate and the budget come out together...
12-25-2019 Newshound Guru Adam Montana [...you still thinking $0.10 or something more substantial given the increasing political pressure?] $0.10 still makes as much sense as it did before, and would be substantial enough to get everyone off the riot bus. The other side of that topic is "float or fixed", and I'm leaning heavily towards "float". This will keep pressure on all parties to keep moving Iraq forward, which may turn a .10 exchange rate into much more in a short time. The catch to that is going to be the cash in timeframe. I'm convinced it will be at least 90 days, but probably no more than a year. The new and old currencies would be used at the same time, and there's a good chance it will make sense to reinvest in the new currency as well. That is ONLY true if it's a float...
12-25-2019 Intel/Newshound Guru Delta ...the Education Minister in the Parliament they stated that in the budget 2020 they have this grant for students and the amount is 30,000 dinar only...30K doesn't make sense...30K at this rate isn't even $25. That doesn't make sense...which is more confirmation of what's in our opinion what you're waiting for with the dinars...
12-25-2019 Newshound Guru chattels Article: "Iraq’s parliament passes new electoral law after months of protests" The new law approved today means votes will be cast for individuals and not political lists, potentially lessening the influence of the established parties.
12-25-2019 Intel Guru MarkZ [Are the rates about the same or have they dropped a bit?] I hear some may have gone up a bit…so I am looking for them to be about the same or marginally higher
12-24-2012 Newshound Guru Jeff ...happy Christmas Eve...there are only two things I'm looking for to make sure we're on track for timing...still dialed in on Q1...I want to see them put a non-Iranian PM in place...remember towards the end of last week President Saleh went to Washington to get guidance from the Trump administration. So I want to see them put a non-Iranian P.M. And then I want to see them start the 2020 budget...as far as I'm concerned those are the only two things I'm worried about right now to know that we're on track...we have to see how it plays out...
12-24-2019 Intel Guru MarkZ I cannot stress enough that we are in a good spot. No one can pinpoint the exact date…but look around. We are really in a great spot. Look at everything they are doing in Iraq…we are there folks. My sources are telling me its any moment to the very early part of January. That this window is wide open based on logistics… Everything is in place…we are simply waiting for somebody to “flip the trigger” ...
12-24-2019 Intel/Newshound Guru Frank26 ...IMO it is the situation now that the recalculation of the rate they want to use for the 2020 budget worked. IMO they told us they want to use 1 American dollar to 1 Iraqi dinar. That's wonderful. That's a good start...IMO 1 to 1 is not going to cover 160 Trillion 2020 budget...
12-24-2019 Newshound Guru MilitiaMan 11) [Guru] Delta posted articles from the past defining the process and when the process is likely to play out. A rate change is only once a year and around the end or first part of the fiscal year. ...So the rumor that this could go out to March, per the CBI is unfounded...I am fairly confident there is nothing supporting there is anything from the CBI stating they are going to postpone or delay this process. ...Personally, we are in one heck of a window, imo! [post 5 of 5]
12-24-2019 Newshound Guru MilitiaMan 9) The CBI has a board of directors for Monetary Policy produce a video that orders the CBI to finish monetary reforms and they accepted those orders. A very BIG clue they are going to increase the exchange rate. In fact, the translation per [Guru] Delta talks of coins.. That is another massive supporting piece of evidence from the horses mouth. 10) From my understanding there may have been recent contact directly from Dr. Shabibi over the prior couple weeks. If true, then another slice is on the plate. [post 4 of 5....stay tuned]
12-24-2019 Newshound Guru MilitiaMan 5) ISX is said to be shutting down and purportedly to be international and opening with NASDAQ 01/02/2019... ISX has rules on value of shares when opening. Sub penny stocks to make muster. If true, it is another supporting slice of pie. 6) The Iraq Trade Bank in Saudi Arabia is and or has been on record of suggesting they'll open now early next year. Per [Guru] Delta that is a recent change. imo. 7) The Citizens are not shutting down from their demands and they mean business too. 8) USA showed up and is helping in that regard. [post 3 of 5...stay tuned]
12-24-2019 Intel Guru MarkZ I cannot stress enough that we are in a good spot. No one can pinpoint the exact date…but look around. We are really in a great spot. Look at everything they are doing in Iraq…we are there folks. My sources are telling me its any moment to the very early part of January. That this window is wide open based on logistics… Everything is in place…we are simply waiting for somebody to “flip the trigger” ...
12-24-2019 Intel/Newshound Guru Frank26 ...IMO it is the situation now that the recalculation of the rate they want to use for the 2020 budget worked. IMO they told us they want to use 1 American dollar to 1 Iraqi dinar. That's wonderful. That's a good start...IMO 1 to 1 is not going to cover 160 Trillion 2020 budget...
12-24-2019 Newshound Guru MilitiaMan 11) [Guru] Delta posted articles from the past defining the process and when the process is likely to play out. A rate change is only once a year and around the end or first part of the fiscal year. ...So the rumor that this could go out to March, per the CBI is unfounded...I am fairly confident there is nothing supporting there is anything from the CBI stating they are going to postpone or delay this process. ...Personally, we are in one heck of a window, imo! [post 5 of 5]
12-24-2019 Newshound Guru MilitiaMan 9) The CBI has a board of directors for Monetary Policy produce a video that orders the CBI to finish monetary reforms and they accepted those orders. A very BIG clue they are going to increase the exchange rate. In fact, the translation per [Guru] Delta talks of coins.. That is another massive supporting piece of evidence from the horses mouth. 10) From my understanding there may have been recent contact directly from Dr. Shabibi over the prior couple weeks. If true, then another slice is on the plate. [post 4 of 5....stay tuned]
12-24-2019 Newshound Guru MilitiaMan 5) ISX is said to be shutting down and purportedly to be international and opening with NASDAQ 01/02/2019... ISX has rules on value of shares when opening. Sub penny stocks to make muster. If true, it is another supporting slice of pie. 6) The Iraq Trade Bank in Saudi Arabia is and or has been on record of suggesting they'll open now early next year. Per [Guru] Delta that is a recent change. imo. 7) The Citizens are not shutting down from their demands and they mean business too. 8) USA showed up and is helping in that regard. [post 3 of 5...stay tuned]
12-23-2019 Newshound Guru MilitiaMan 3) The CBI shows large out put of money allocations over this last year of about 6-7 million a month for currency printing. As of 3-60 days ago the CBI shows a very large increase in allocations as much as 3-4x as much per month over a two month period. The take away there is minting coins is more expensive than paper printing. This too supports a rate change is to come. imo A strong one too. imo. 4) There was a recent Debt payment of $20 billion that was paid. Thus, a clue as to how high a rate change could be supported. Less debt = more value, imo.. A supporting piece of the puzzle as well. [post 2 of 5....stay tuned]
12-23-2019 Newshound Guru MilitiaMan There is nothing I see that warrants or supports the rumor of an RI going into March of 2020... 1) The CBI told the world they will need to be prepared to modify contracts. That supports a rate change is coming. imo 2) The Iraq Trade Bank on 12/01/2019 told us they were doing just that. They suspended loans for the month out to 01/01/20209. Another supporting factor a rate change is expected. [post 1 of 5....stay tuned]
12-23-2019 Newshound Guru Kaperoni I do agree Iraq can buy the majority of dinar in circulation if it chooses to do so but only at or about the current exchange rate. They could never do so at a $1 to 1 rate. 40+ trillion is just to much. That is why the dinar must float.
12-23-2019 Newshound Guru Adam Montana ...unless the next person gives them something good, and fast, they will be rioting again. ...things should be happening fairly quickly...instead of the usual weeks or months of delays, we are seeing a different Iraq...The people aren't going to wait long. They want change, and they want it fast...it's looking pretty obvious that someone is going to have to bring it. Or else... Today or tomorrow we should have an announcement on who is going to take the responsibility for that change...it may be a surprisingly great Christmas after all! [post 2 of 2]
12-23-2019 Newshound Guru Adam Montana ...Back in early October 2019, the people of Iraq finally had enough...following those protests, or during them, the most recent Prime Minister (Mahdi) resigned. ...By law, there was a period of time to appoint the next leader. ...it is well known by all involved in the process of appointing the next Prime Minister that it must be a candidate who will be accepted by all political parties, and also the people. In fact, "most importantly, the people." This puts a very bright light not only on who they appoint, but also what happens in the very near future. [post 1 of 2....stay tuned]
12-23-2019 Intel Guru MarkZ [via PDK] Many contacts...are hearing...there is a mad push to get this done...Even if only a few people get to exchange before Christmas they will be able to claim it happened before. That is the rumor all over right now in many locations. ...we are watching close. I am feeling pretty relaxed because I am absolutely certain we are at the end of all of this. I am absolutely confident that we are days or at the worst weeks away from it all being done
12-23-2019 Newshound Guru MilitiaMan There is nothing I see that warrants or supports the rumor of an RI going into March of 2020... 1) The CBI told the world they will need to be prepared to modify contracts. That supports a rate change is coming. imo 2) The Iraq Trade Bank on 12/01/2019 told us they were doing just that. They suspended loans for the month out to 01/01/20209. Another supporting factor a rate change is expected. [post 1 of 5....stay tuned]
12-23-2019 Newshound Guru Kaperoni I do agree Iraq can buy the majority of dinar in circulation if it chooses to do so but only at or about the current exchange rate. They could never do so at a $1 to 1 rate. 40+ trillion is just to much. That is why the dinar must float.
12-23-2019 Newshound Guru Adam Montana ...unless the next person gives them something good, and fast, they will be rioting again. ...things should be happening fairly quickly...instead of the usual weeks or months of delays, we are seeing a different Iraq...The people aren't going to wait long. They want change, and they want it fast...it's looking pretty obvious that someone is going to have to bring it. Or else... Today or tomorrow we should have an announcement on who is going to take the responsibility for that change...it may be a surprisingly great Christmas after all! [post 2 of 2]
12-23-2019 Newshound Guru Adam Montana ...Back in early October 2019, the people of Iraq finally had enough...following those protests, or during them, the most recent Prime Minister (Mahdi) resigned. ...By law, there was a period of time to appoint the next leader. ...it is well known by all involved in the process of appointing the next Prime Minister that it must be a candidate who will be accepted by all political parties, and also the people. In fact, "most importantly, the people." This puts a very bright light not only on who they appoint, but also what happens in the very near future. [post 1 of 2....stay tuned]
12-23-2019 Intel Guru MarkZ [via PDK] Many contacts...are hearing...there is a mad push to get this done...Even if only a few people get to exchange before Christmas they will be able to claim it happened before. That is the rumor all over right now in many locations. ...we are watching close. I am feeling pretty relaxed because I am absolutely certain we are at the end of all of this. I am absolutely confident that we are days or at the worst weeks away from it all being done
12-22-2019 Newshound/Intel Guru Mnt Goat ...this plan is not really as risky as [Guru] Kaperoni tells. Actually, the plan is based off of having the reinstatement and the new rate and will not risk the entire CBI reserves... also...take into account the pressures from the protesters or from the US and IMF. The IMF has also recently threatened them with Chapter VII again. This can not be taken lightly. This all matters very much.
12-22-2019 Newshound Guru Whitelions ...there is no float the CBI has Told us this and the IMF has no control over how Iraq rv it's money they can only advise and they are advising that Iraq revalue to a few cents above where is was when it was taken down.
12-22-2019 Newshound Guru Adam Montana Article: "Al-Khaldi: 170 deputies presented “Muhammad Tawfiq Allawi” as a candidate for prime minister" Allawi's name is coming up a LOT...I'm fine with him. Quote: "the rest of the nominated names are Lieutenant General Abdul-Ghani Al-Saadi, Abdul-Wahab Al-Saadi, former Governor of the Central Bank, Sinan Al-Shabibi,and Judge Rahim Al-Akili, all of whom accepted their candidacy." I know there are members that don't support Shabibi, but I disagree...he has so much relevant experience. He has been a part of this RV process, and deeply so, for a lonnnnnng time. And I think he's supported a raise in the value, but he didn't have express power to make it happen, or maybe it wasn't the right time... but he could be the one to just jam the bus in forward gear and run through the barricades. I support him as a choice as well. ...The people are going to get what they want, and soon, or there will be a repeat of the last two months. Iraq is in a solid place to RV.
12-22-2019 Newshound Guru Jeff ...Why is it being delayed?...One: What is Trump's 2020 campaign theme? Strong economy. The Dow...is not too far away from 29,000 points...What if the U.S. financial markets were all at an all-time high and that's also when Iraq changed their rate? That would mean we would have very high US financial markets and then roughly billions of dollars just got injected into our economy and that would be approximately 7 to 8 months right before the US elections in November...there's a very strong possibility Trump could have delayed this to have it well positioned within 7 to 8 months of the US elections. That way he looks like an economic king and genius. That's one scenario because ironically it kind of is playing out in that direction right now. The second: Iraq could have needed some time to get themselves positioned...get some of the Iranian influence out of there...they've been passing certain laws...nobody knows exactly but those are two very solid reasons why this may have been delayed...
12-22-2019 Newshound Guru MilitiaMan ...I know it is not over just yet, but, very good collective evidence suggests thus far that end is this year effectively. ...my bet is placed on that it is 100%. Why...? Because...They haven’t denied it this year. In fact, they have confirmed they have orders to complete the monetary reforms and have accepted them. (USA influenced). The CBI accepted back in September 30, 2019 +- those orders. ...the process is underway, has been and is not stopping...So, let’s see what happens...now is a possible go time for us more sooner than later...All of this is I’m my opinion.
12-22-2019 Intel Guru RayRen98 Demonstrations have turned violent in Southern Iraq...protestors set fire to the headquarters of the Shiite party. ...New reports now indicate that the Prime Minister will be announced on Tuesday instead of Sunday. It is being stated that Allawi has 170 votes from the ministers making him likely to be the next Prime Minister. Reportedly, Saleh is naming Allawi as Prime Minister and that he will take office in January of the new year. Time Will Tell All!
12-22-2019 Newshound/Intel Guru Mnt Goat ...the plan is still basically as it has been all along and has not changed. What has changed now is the forced political support for it and that the US and the IMF now support the sign-off process. By the way we do not have to wait 6 months or even a year for the economy to progress or for the private sector to develop as some...keep telling you...
12-22-2019 Newshound Guru Whitelions ...there is no float the CBI has Told us this and the IMF has no control over how Iraq rv it's money they can only advise and they are advising that Iraq revalue to a few cents above where is was when it was taken down.
12-22-2019 Newshound Guru Adam Montana Article: "Al-Khaldi: 170 deputies presented “Muhammad Tawfiq Allawi” as a candidate for prime minister" Allawi's name is coming up a LOT...I'm fine with him. Quote: "the rest of the nominated names are Lieutenant General Abdul-Ghani Al-Saadi, Abdul-Wahab Al-Saadi, former Governor of the Central Bank, Sinan Al-Shabibi,and Judge Rahim Al-Akili, all of whom accepted their candidacy." I know there are members that don't support Shabibi, but I disagree...he has so much relevant experience. He has been a part of this RV process, and deeply so, for a lonnnnnng time. And I think he's supported a raise in the value, but he didn't have express power to make it happen, or maybe it wasn't the right time... but he could be the one to just jam the bus in forward gear and run through the barricades. I support him as a choice as well. ...The people are going to get what they want, and soon, or there will be a repeat of the last two months. Iraq is in a solid place to RV.
12-22-2019 Newshound Guru Jeff ...Why is it being delayed?...One: What is Trump's 2020 campaign theme? Strong economy. The Dow...is not too far away from 29,000 points...What if the U.S. financial markets were all at an all-time high and that's also when Iraq changed their rate? That would mean we would have very high US financial markets and then roughly billions of dollars just got injected into our economy and that would be approximately 7 to 8 months right before the US elections in November...there's a very strong possibility Trump could have delayed this to have it well positioned within 7 to 8 months of the US elections. That way he looks like an economic king and genius. That's one scenario because ironically it kind of is playing out in that direction right now. The second: Iraq could have needed some time to get themselves positioned...get some of the Iranian influence out of there...they've been passing certain laws...nobody knows exactly but those are two very solid reasons why this may have been delayed...
12-22-2019 Newshound Guru MilitiaMan ...I know it is not over just yet, but, very good collective evidence suggests thus far that end is this year effectively. ...my bet is placed on that it is 100%. Why...? Because...They haven’t denied it this year. In fact, they have confirmed they have orders to complete the monetary reforms and have accepted them. (USA influenced). The CBI accepted back in September 30, 2019 +- those orders. ...the process is underway, has been and is not stopping...So, let’s see what happens...now is a possible go time for us more sooner than later...All of this is I’m my opinion.
12-22-2019 Intel Guru RayRen98 Demonstrations have turned violent in Southern Iraq...protestors set fire to the headquarters of the Shiite party. ...New reports now indicate that the Prime Minister will be announced on Tuesday instead of Sunday. It is being stated that Allawi has 170 votes from the ministers making him likely to be the next Prime Minister. Reportedly, Saleh is naming Allawi as Prime Minister and that he will take office in January of the new year. Time Will Tell All!
12-22-2019 Newshound/Intel Guru Mnt Goat ...the plan is still basically as it has been all along and has not changed. What has changed now is the forced political support for it and that the US and the IMF now support the sign-off process. By the way we do not have to wait 6 months or even a year for the economy to progress or for the private sector to develop as some...keep telling you...
12-21-2019 Newshound Guru Jeff ...They're telling us indirectly that they're going to transition to a different fiscal year and start 2020 budget most likely around Q2, which for them would be a new fiscal year ranging from April 1st through March. Why would they transition to a different fiscal year? That's a step they actually have to do when they change the rate...in order to achieve a rate greater than the dollar they have to un-peg the dinar from the dollar and re-peg it to an assortment basket identical to Kuwait. That's why Kuwait on March 24th of '91 changed their rate at the end of March for their budget fiscal year which starts April 1st. As you see Iraq is right now in the process of doing that right before your eyes... [Post 2 of 2]
12-21-2019 Newshound Guru Jeff ...In the past Iraq has always finalized and completed their budgets during Q1 of that budget year and they would just backdate the budget to January 1st...This is one of the first years they're implementing a temporary budget. What the temporary budget tells us is that yes they're following suit as they have in the past. They're approving their 2020 budget in Q1 of 2020 but because they're implementing a temporary budget that tells us they're not backdating the 2020 budget to start January 1st. So what they're saying is they need external funds to cover them through Q1 of 2020 because the 2020 budget is not going to be backdated or starting on January 1st... [Post 1 of 2]
12-21-2019 Newshound/Intel Guru Mnt Goat The key word here is “artificially”. Iraq does not need to do anything more than get rid of the Iranian corruption and form a stable government to allow the CBI to trigger the project to delete the zeros, which we know ultimately leads to the reinstatement. Yes, folks this could literally happen very quickly and is not a 6 months or even years more to drag this out. I will tell you exactly what my CBI contact says and nothing more. NO lies! You have it straight from them now. [post 2 of 2]
12-21-2019 Newshound/Intel Guru Mnt Goat Listen folks Iraq has almost three times more resources and oil than Kuwait as well as agriculture and other precious minerals that Kuwait does not have. Kuwait also does not have a viable “market economy” or even much if any private sector industry...So why is the dinar for Kuwait (Iraq’s next door neighbor) with a rate of around $3.30+ ? So, we know the value in the Iraqi dinar and it is at least the $3.22 prewar rate to reflect it. We must conclude that the rate (to reflect the value) is being artificially stiffened. [post 1 of 2....stay tuned]
12-21-2019 Newshound Guru Jeff Second you have seen a lot of articles that if they were to pay for reconstruction with the current value of the dinar they risk it spiking their inflation. So both reconstruction and trade are post rate change steps...we're waiting on the 2020 budget and it means the rate change is married to the budget because the post rate change items are inside of the budget...based on all those items that does suggest to us that Iraq throughout the entire year of 2019 has been setting the stage for the rate change. [Post 2 of 2...stay tuned]
12-21-2019 Newshound Guru Jeff ...I saw one of the more popular gurus come out and say that there's nothing left for Iraq to do other than just change the rate and that is completely incorrect...if there's nothing left then why the hell am I still waiting? ...what are we still waiting on? How do we know the rate is even going to change? What reveals to us the rate is gonna change? ...Iraq has done more within the year of '19 than they've ever done before...between January through June they were putting together contracts for trade agreements...Iraq cannot pay outside contractors...with the Iraqi dinar until it's internationally recognized. [Post 1 of 2....stay tuned]
12-21-2019 Intel Guru Okie_Oil_Man [via Dinarmama7] GOOD DAY AMERICA, SHIP'S AT SEA AND ALL OUR WORLDWIDE FRIENDS. AFTER AN EXTENDED FLIGHT LASTING NEARLY 17 YEARS I FEEL IT'S TIME TO LAND. I WON'T BE ISSUING ANY GRADUATION DIPLOMA'S AS I ORIGINALLY PLANNED AS IT WON'T BE NECESSARY. …THE NOTIFICATION OF THE COMPLETION OF THIS JOURNEY IS AT HAND AND IS BEING RECEIVED ANY MOMENT. THE PROTOCOLS AND PROCEDURE'S OF THE REDEMPTION AND EXCHANGE HAVE BEEN ALTERED FROM THE ORIGINAL PLAN MAKING IT NECESSARY FOR YOU TO CLOSELY FOLLOW THE DIRECTIONS...WE ARE NOW ENTERING A NEW PHASE IN OUR LIVES AND SHOULD ALWAYS REMEMBER THIS MAY BE A ONCE IN A LIFETIME OPPORTUNITY
12-21-2019 Newshound Guru Adam Montana 4. HCL is in the news. It was ignored for a long time, but now it’s poking it’s head up again, which is exactly what we expect to see before it passes. The highlight of that list is HCL – once it’s passed, the currency will have already risen in value, or be about an hour from it. At that point, it’s done! [post 3 of 3]
12-21-2019 Newshound Guru Jeff ...In the past Iraq has always finalized and completed their budgets during Q1 of that budget year and they would just backdate the budget to January 1st...This is one of the first years they're implementing a temporary budget. What the temporary budget tells us is that yes they're following suit as they have in the past. They're approving their 2020 budget in Q1 of 2020 but because they're implementing a temporary budget that tells us they're not backdating the 2020 budget to start January 1st. So what they're saying is they need external funds to cover them through Q1 of 2020 because the 2020 budget is not going to be backdated or starting on January 1st... [Post 1 of 2]
12-21-2019 Newshound/Intel Guru Mnt Goat The key word here is “artificially”. Iraq does not need to do anything more than get rid of the Iranian corruption and form a stable government to allow the CBI to trigger the project to delete the zeros, which we know ultimately leads to the reinstatement. Yes, folks this could literally happen very quickly and is not a 6 months or even years more to drag this out. I will tell you exactly what my CBI contact says and nothing more. NO lies! You have it straight from them now. [post 2 of 2]
12-21-2019 Newshound/Intel Guru Mnt Goat Listen folks Iraq has almost three times more resources and oil than Kuwait as well as agriculture and other precious minerals that Kuwait does not have. Kuwait also does not have a viable “market economy” or even much if any private sector industry...So why is the dinar for Kuwait (Iraq’s next door neighbor) with a rate of around $3.30+ ? So, we know the value in the Iraqi dinar and it is at least the $3.22 prewar rate to reflect it. We must conclude that the rate (to reflect the value) is being artificially stiffened. [post 1 of 2....stay tuned]
12-21-2019 Newshound Guru Jeff Second you have seen a lot of articles that if they were to pay for reconstruction with the current value of the dinar they risk it spiking their inflation. So both reconstruction and trade are post rate change steps...we're waiting on the 2020 budget and it means the rate change is married to the budget because the post rate change items are inside of the budget...based on all those items that does suggest to us that Iraq throughout the entire year of 2019 has been setting the stage for the rate change. [Post 2 of 2...stay tuned]
12-21-2019 Newshound Guru Jeff ...I saw one of the more popular gurus come out and say that there's nothing left for Iraq to do other than just change the rate and that is completely incorrect...if there's nothing left then why the hell am I still waiting? ...what are we still waiting on? How do we know the rate is even going to change? What reveals to us the rate is gonna change? ...Iraq has done more within the year of '19 than they've ever done before...between January through June they were putting together contracts for trade agreements...Iraq cannot pay outside contractors...with the Iraqi dinar until it's internationally recognized. [Post 1 of 2....stay tuned]
12-21-2019 Intel Guru Okie_Oil_Man [via Dinarmama7] GOOD DAY AMERICA, SHIP'S AT SEA AND ALL OUR WORLDWIDE FRIENDS. AFTER AN EXTENDED FLIGHT LASTING NEARLY 17 YEARS I FEEL IT'S TIME TO LAND. I WON'T BE ISSUING ANY GRADUATION DIPLOMA'S AS I ORIGINALLY PLANNED AS IT WON'T BE NECESSARY. …THE NOTIFICATION OF THE COMPLETION OF THIS JOURNEY IS AT HAND AND IS BEING RECEIVED ANY MOMENT. THE PROTOCOLS AND PROCEDURE'S OF THE REDEMPTION AND EXCHANGE HAVE BEEN ALTERED FROM THE ORIGINAL PLAN MAKING IT NECESSARY FOR YOU TO CLOSELY FOLLOW THE DIRECTIONS...WE ARE NOW ENTERING A NEW PHASE IN OUR LIVES AND SHOULD ALWAYS REMEMBER THIS MAY BE A ONCE IN A LIFETIME OPPORTUNITY
12-21-2019 Newshound Guru Adam Montana 4. HCL is in the news. It was ignored for a long time, but now it’s poking it’s head up again, which is exactly what we expect to see before it passes. The highlight of that list is HCL – once it’s passed, the currency will have already risen in value, or be about an hour from it. At that point, it’s done! [post 3 of 3]
12-20-2019 Newshound Guru Adam Montana 3. The Budget, which is always a big deal, is flying through the system. It’s almost being ignored this time around, which should be a major flag to investors! A major component of it is the KRG deal that was made. The Kurds are paying their portion of the deal with a solid 250,000 barrels of oil, which means they are paying in OIL. (This is a topic of it’s own, and I’ll suffice it to say that it’s a GOOD thing that they are paying in oil!) [post 2 of 3....stay tuned]
12-20-2019 Newshound Guru Adam Montana Here’s what’s actually going on... 1. Iraq has gone through some political and social issues lately. The people have made a huge statement, and the GOI (Government of Iraq) has listened. The Prime Minister has resigned, and changes are happening... now. Today is a major date for a new PM to be appointed, and even if they don’t appoint a new one today, the reins change hands. This is a CATALYST MOMENT. 2. Article 140 (regarding some disputed lands) is in the headlines. This needs to be partially resolved prior to HCL completion, and success is on the horizon. [post 1 of 3....stay tuned]
12-20-2019 Intel Guru Bruce ...I’m excited because President Trump wanted this to go down before Christmas...I believe we will start with our exchanges and possibly we could have a...fantastic weekend...This is what I’ve heard... from several sources...for this to go...by FRIDAY...the 20th...we know that the Dinar rates have been jumping up...I don’t know if the rates are solid yet...but I think this is one weekend that could be the weekend to end all weekends...
12-20-2019 Intel Guru MarkZ [via PDK] We are getting an overwhelming amount of positive stuff today. ...Banking contacts swear it is this weekend. In Iraq they seem to think we will see it the first of the week next week...but not this weekend. They are looking for all their political changes kicking in this weekend. I know that Redemption Center contacts have had all Holiday time canceled. My guys are being told they will have a short day off Christmas Eve and all day off Christmas Day. All I can say is we should all stay alert and close to our computers. ...I love where we are at…but really want to see this before Christmas.
12-20-2019 Newshound Guru Adam Montana ...Have you ever heard of a “red herring” or a “false flag” or “3 card monty” or anything else, like “sleight of hand”? ...MAYBE…Just, maybe… we should be looking at the other hand. Maybe that “other hand” isn’t the Iraqi Dinar, but maybe it is...I’m not saying the impeachment proceedings and the fuss the news has made about it recently are all a big government plot to distract everyone while Iraq ReValues, of course. But I WILL emphatically and without apology state that when the news has you looking one way, there always ALWAYS seems to be something else going on…And if you kept your attention on what the news wanted you to watch, what will you have missed? Maybe something that affects you, and maybe not. Maybe the Dinar ReValues in the next few weeks. Maybe it doesn’t. Maybe you are in the right place, at the right time. Either way, the Iraqi Dinar is in a good place right now...
12-20-2019 Newshound/Intel Guru Mnt Goat So, when can we expect to see the Reinstatement? I am still seeing the same window open until mid January 2020. If we don’t see it by they we are not going to see it for a long time, probably wait until next January 2021. But I fully believe this is not going to be the case again. Why? I am saying there is hope more than the previous years we experienced because now the CBI has the official “go -ahead” from the powers to be. Yes, the US and the IMF have told Iraq that now is the time and so they are moving ahead. We will see the results very soon. Just hang in there for a bit longer.
12-20-2019 Newshound Guru Adam Montana Here’s what’s actually going on... 1. Iraq has gone through some political and social issues lately. The people have made a huge statement, and the GOI (Government of Iraq) has listened. The Prime Minister has resigned, and changes are happening... now. Today is a major date for a new PM to be appointed, and even if they don’t appoint a new one today, the reins change hands. This is a CATALYST MOMENT. 2. Article 140 (regarding some disputed lands) is in the headlines. This needs to be partially resolved prior to HCL completion, and success is on the horizon. [post 1 of 3....stay tuned]
12-20-2019 Intel Guru Bruce ...I’m excited because President Trump wanted this to go down before Christmas...I believe we will start with our exchanges and possibly we could have a...fantastic weekend...This is what I’ve heard... from several sources...for this to go...by FRIDAY...the 20th...we know that the Dinar rates have been jumping up...I don’t know if the rates are solid yet...but I think this is one weekend that could be the weekend to end all weekends...
12-20-2019 Intel Guru MarkZ [via PDK] We are getting an overwhelming amount of positive stuff today. ...Banking contacts swear it is this weekend. In Iraq they seem to think we will see it the first of the week next week...but not this weekend. They are looking for all their political changes kicking in this weekend. I know that Redemption Center contacts have had all Holiday time canceled. My guys are being told they will have a short day off Christmas Eve and all day off Christmas Day. All I can say is we should all stay alert and close to our computers. ...I love where we are at…but really want to see this before Christmas.
12-20-2019 Newshound Guru Adam Montana ...Have you ever heard of a “red herring” or a “false flag” or “3 card monty” or anything else, like “sleight of hand”? ...MAYBE…Just, maybe… we should be looking at the other hand. Maybe that “other hand” isn’t the Iraqi Dinar, but maybe it is...I’m not saying the impeachment proceedings and the fuss the news has made about it recently are all a big government plot to distract everyone while Iraq ReValues, of course. But I WILL emphatically and without apology state that when the news has you looking one way, there always ALWAYS seems to be something else going on…And if you kept your attention on what the news wanted you to watch, what will you have missed? Maybe something that affects you, and maybe not. Maybe the Dinar ReValues in the next few weeks. Maybe it doesn’t. Maybe you are in the right place, at the right time. Either way, the Iraqi Dinar is in a good place right now...
12-20-2019 Newshound/Intel Guru Mnt Goat So, when can we expect to see the Reinstatement? I am still seeing the same window open until mid January 2020. If we don’t see it by they we are not going to see it for a long time, probably wait until next January 2021. But I fully believe this is not going to be the case again. Why? I am saying there is hope more than the previous years we experienced because now the CBI has the official “go -ahead” from the powers to be. Yes, the US and the IMF have told Iraq that now is the time and so they are moving ahead. We will see the results very soon. Just hang in there for a bit longer.
12-19-2019 Intel Guru Footforward Ask yourself this. If the RV was never going to happen, why is Iraq putting out 160 trillion dinar budget out? There is absolutely no way that could be funded without an RV.
12-19-2019 Newshound Guru Jeff Article Sept 6, 2012 "Delete The Zeros Must Be At The Beginning Of A Fiscal Year" ...this is a little bit older article from 2012. It's by Mohammad Saleh. He was the number 2 guy at the Central Bank for many years. According to him the "deletion of the zeros" must coincide with the beginning of a fiscal year...from 2010 to 2012 when Shabibi was the Central Bank Governor he made a statement, 'at the beginning or middle of a fiscal year'. That was stated by Shabibi himself...how do they achieve a rate greater than a dollar? ...they have to unpeg from the dollar and peg to an SDR basket. Will that change their fiscal year? You bet it will!
12-19-2019 Intel Guru MarkZ I am hearing all kinds of great things from the banking side. Treat this all as 100% rumor…but, they are all geared up and ready for things. ...there is a big push for things to start this afternoon. We are watching it closely and this time we just may get it. [post 2 of 2]
12-19-2019 Intel Guru MarkZ Out of Iraq- we can tell by their newspapers that there was a number of important votes. …and more landmark stuff scheduled next Monday and Tuesday. IMO they have set the stage for any moment. They have done more in the last 2 weeks then they have in the last 2 years. ...I believe we will see the RV release before Iraq announces it internationally. Just like what happened with Kuwait. Kuwait announced it to its own people first almost 10 days before they announced it internationally. [post 1 of 2....stay tuned
12-19-2019 Intel Guru Frank26 ...IMO a rate and a date for that budget has been given. IMO it started with the receipt to receive the new small category notes and then they got a schedule with the dates. The dates IMO talked about the monetary reform. They also talked about where the rate will be used. In another place would be the budget...The budget and the reinstatement have been established. Tested. Recalculated. Ready to come...'We've been ordered to lift the 3 zeros and add value to our currency'...
12-19-2019 Newshound Guru Adam Montana Those three items - New Prime Minister, Article 140, and Baghdad and KRG agreeing so peacefully on a number for the Budget, are all GREAT for seeing the HCL move, and that's what we need to open the path for an increase in the exchange rate. Fingers crossed for HCL news, because when that hits the press...it's probably a done deal at that time. We could be a couple weeks out from a huge change. This is all coming together at the same general time, and the combination is exciting. GO HCL. GO RV. GO IRAQ! [post 3 of 3]
12-19-2019 Newshound Guru Adam Montana At this time, we have a Budget that is on track, including full agreement that the KRG will pay their share of the budget with 250,000 barrels of oil. Article 140, related to some disputed territories, is front and center again. This is an issue that won't be completely resolved immediately, but it doesn't need to be. "80% done is done enough" on that matter for us to see the HCL move. [post 2 of 3....stay tuned]
12-19-2019 Newshound Guru Adam Montana This update is one of the most optimistic ones I've had the pleasure of writing in quite some time. We're transitioning into the next scene for Iraq, and it's happening now...When the rioting was in full force, I stated that we were in for a bit of a wait. Turns out it was only a couple months. The next step is to place someone in the Prime Minister position, and that looks like it's going to happen fairly quick. [post 1 of 3....stay tuned]
12-19-2019 Newshound Guru Jeff Article Sept 6, 2012 "Delete The Zeros Must Be At The Beginning Of A Fiscal Year" ...this is a little bit older article from 2012. It's by Mohammad Saleh. He was the number 2 guy at the Central Bank for many years. According to him the "deletion of the zeros" must coincide with the beginning of a fiscal year...from 2010 to 2012 when Shabibi was the Central Bank Governor he made a statement, 'at the beginning or middle of a fiscal year'. That was stated by Shabibi himself...how do they achieve a rate greater than a dollar? ...they have to unpeg from the dollar and peg to an SDR basket. Will that change their fiscal year? You bet it will!
12-19-2019 Intel Guru MarkZ I am hearing all kinds of great things from the banking side. Treat this all as 100% rumor…but, they are all geared up and ready for things. ...there is a big push for things to start this afternoon. We are watching it closely and this time we just may get it. [post 2 of 2]
12-19-2019 Intel Guru MarkZ Out of Iraq- we can tell by their newspapers that there was a number of important votes. …and more landmark stuff scheduled next Monday and Tuesday. IMO they have set the stage for any moment. They have done more in the last 2 weeks then they have in the last 2 years. ...I believe we will see the RV release before Iraq announces it internationally. Just like what happened with Kuwait. Kuwait announced it to its own people first almost 10 days before they announced it internationally. [post 1 of 2....stay tuned
12-19-2019 Intel Guru Frank26 ...IMO a rate and a date for that budget has been given. IMO it started with the receipt to receive the new small category notes and then they got a schedule with the dates. The dates IMO talked about the monetary reform. They also talked about where the rate will be used. In another place would be the budget...The budget and the reinstatement have been established. Tested. Recalculated. Ready to come...'We've been ordered to lift the 3 zeros and add value to our currency'...
12-19-2019 Newshound Guru Adam Montana Those three items - New Prime Minister, Article 140, and Baghdad and KRG agreeing so peacefully on a number for the Budget, are all GREAT for seeing the HCL move, and that's what we need to open the path for an increase in the exchange rate. Fingers crossed for HCL news, because when that hits the press...it's probably a done deal at that time. We could be a couple weeks out from a huge change. This is all coming together at the same general time, and the combination is exciting. GO HCL. GO RV. GO IRAQ! [post 3 of 3]
12-19-2019 Newshound Guru Adam Montana At this time, we have a Budget that is on track, including full agreement that the KRG will pay their share of the budget with 250,000 barrels of oil. Article 140, related to some disputed territories, is front and center again. This is an issue that won't be completely resolved immediately, but it doesn't need to be. "80% done is done enough" on that matter for us to see the HCL move. [post 2 of 3....stay tuned]
12-19-2019 Newshound Guru Adam Montana This update is one of the most optimistic ones I've had the pleasure of writing in quite some time. We're transitioning into the next scene for Iraq, and it's happening now...When the rioting was in full force, I stated that we were in for a bit of a wait. Turns out it was only a couple months. The next step is to place someone in the Prime Minister position, and that looks like it's going to happen fairly quick. [post 1 of 3....stay tuned]
12-18-2019 Newshound/Intel Guru Mnt Goat They do not know the international rate exactly but the CBI was told years ago that the fair value of the dinar for international trading could be expected around $3.50+. Remember this is the rate mostly for the US based on the US dollar if you were to exchange the dinar in the US. Other countries will base it off their own currency. Remember this is not talking about the rate in Iraq for everyday rate and use. [post 2 of 2]
12-18-2019 Newshound/Intel Guru Mnt Goat I asked [my CBI source] about a rate and I was told that the in-country rate will be around 83 cents to the dinar. This is nothing new and remains consistent. All you have to do is do the math. Take 1 (US dollar and divide it by the provisional rate (which is now 1200 dinars to the dollar). 1 / 1200 = .00083, then drop the three zeros (as part of deleting the three zeros) and you get .83 or 83 cents. [post 1 of 2....stay tuned]
12-18-2019 Intel Guru Bruce I can tell you things are happening...We get a lot of different information from a lot of different sources...we are at the point where...we should be paying very close attention – I would say not starting tonight maybe but starting tomorrow [Wednesday]...I’ve heard other information not only from the banks but from redemption centers and other individuals that are in the know that are talking about this happening over the next couple of days...Wed or Thurs...I’m bringing to you what I’m getting...I do think they have a deadline they actually want to stay with and I believe it’s going to be sometime this week...
12-18-2019 Newshound Guru Jeff ...Will the rate change at the beginning of the year? ...you have to look at all the layers. What's in the 2020 budget? 90% of the demonstrators demands. If 90% of the demonstrators demands are in the budget - Article 140, HCL, reforms, reconstruction - every one of those items are post rate change. They haven't even started the budget yet. Not even the first reading. And they announced last week that they are going to roll out a temporary month to month budget...they basically just told you more time is needed...
12-18-2019 Intel Guru MarkZ [via PDK] ...paying attention to Iraq. They are supposed to seat a new Prime Minister tomorrow. It’s very festive there…they are excited to be kicking Iran out of their country. On the US side all we have is rumors...I cannot prove or disprove it. It could be factual and we are looking at the release by tomorrow or by the weekend…we just do not know. I am very positive that we are at the end of this...we just do not know what day is the end.
12-18-2019 Newshound/Intel Guru Mnt Goat The timing really depends on a few factors meaning: 1) the passing of the new election law (and review by the US and IMF); 2) who is selected for the new prime minister; 3)the US is also working out a deal with Iran on getting them the hell out of Iraq or else….(military force is an option). So, these three main issues are at a balance and I was told to watch the progress of all three of them closely...WOW! Folks the news could not get any better. Just hang on to your seats, this is going to happen soon. [post 2 of 2]
12-18-2019 Newshound/Intel Guru Mnt Goat So recently...I contacted my CBI source again and asked some important questions. One of the questions was, of course, are they moving ahead again on the “project to delete the zeros”. To my surprise and amazement, I was told “affirmative” and that they now have support to move more aggressively and quicker. Trust me in the midst of all this chaos I was really surprised to hear this wonderful news. This was WOW! news to my ears. I was told the timeframe matched from now until it is done but probably more like in 2019 than in 2020. [post 1 of 2....stay tuned]
12-18-2019 Newshound/Intel Guru Mnt Goat I asked [my CBI source] about a rate and I was told that the in-country rate will be around 83 cents to the dinar. This is nothing new and remains consistent. All you have to do is do the math. Take 1 (US dollar and divide it by the provisional rate (which is now 1200 dinars to the dollar). 1 / 1200 = .00083, then drop the three zeros (as part of deleting the three zeros) and you get .83 or 83 cents. [post 1 of 2....stay tuned]
12-18-2019 Intel Guru Bruce I can tell you things are happening...We get a lot of different information from a lot of different sources...we are at the point where...we should be paying very close attention – I would say not starting tonight maybe but starting tomorrow [Wednesday]...I’ve heard other information not only from the banks but from redemption centers and other individuals that are in the know that are talking about this happening over the next couple of days...Wed or Thurs...I’m bringing to you what I’m getting...I do think they have a deadline they actually want to stay with and I believe it’s going to be sometime this week...
12-18-2019 Newshound Guru Jeff ...Will the rate change at the beginning of the year? ...you have to look at all the layers. What's in the 2020 budget? 90% of the demonstrators demands. If 90% of the demonstrators demands are in the budget - Article 140, HCL, reforms, reconstruction - every one of those items are post rate change. They haven't even started the budget yet. Not even the first reading. And they announced last week that they are going to roll out a temporary month to month budget...they basically just told you more time is needed...
12-18-2019 Intel Guru MarkZ [via PDK] ...paying attention to Iraq. They are supposed to seat a new Prime Minister tomorrow. It’s very festive there…they are excited to be kicking Iran out of their country. On the US side all we have is rumors...I cannot prove or disprove it. It could be factual and we are looking at the release by tomorrow or by the weekend…we just do not know. I am very positive that we are at the end of this...we just do not know what day is the end.
12-18-2019 Newshound/Intel Guru Mnt Goat The timing really depends on a few factors meaning: 1) the passing of the new election law (and review by the US and IMF); 2) who is selected for the new prime minister; 3)the US is also working out a deal with Iran on getting them the hell out of Iraq or else….(military force is an option). So, these three main issues are at a balance and I was told to watch the progress of all three of them closely...WOW! Folks the news could not get any better. Just hang on to your seats, this is going to happen soon. [post 2 of 2]
12-18-2019 Newshound/Intel Guru Mnt Goat So recently...I contacted my CBI source again and asked some important questions. One of the questions was, of course, are they moving ahead again on the “project to delete the zeros”. To my surprise and amazement, I was told “affirmative” and that they now have support to move more aggressively and quicker. Trust me in the midst of all this chaos I was really surprised to hear this wonderful news. This was WOW! news to my ears. I was told the timeframe matched from now until it is done but probably more like in 2019 than in 2020. [post 1 of 2....stay tuned]
12-17-2019 Newshound Guru Kaperoni Until the new Prime Minister is chosen and subsequent cabinet, parliament also seems to use this an an opportunity to do nothing. Nothing is going to happen regarding economic reforms. This setback could cause 6 months or long delays in launching the public/private partnership budget for 2020.
12-17-2019 Intel Guru MarkZ [How long will they give us to exchange once we can make appointments?] I have heard they expect 95% of redemptions done in the first 10 days...but I am told they will give up to 30 days for everyone to get done. I do not think anyone will wait for the last minute…
12-17-2019 Newshound/Intel Guru Mnt Goat WOW! Things are moving very fast with the pressure from the demonstrators. ...Can Iraq expel Iran with the help of the US? Tehran has offered to exit from Iraq in exchange for lifting the blockade and abandoning the overthrow of the regime. ...So they admit to trying to overthrow the Iraq government. Next will they actually withdraw and the US accept the terms? This could be HUGE, HUGE and HUGE!
12-17-2019 Intel Guru MarkZ [via PDK] A lot of good things out there today. A lot of articles...The rumor is Trump took himself out of it so that the RV can move forward regardless of the stuff affecting him… If the rumor is indeed true It’s a good thing…but again I can not prove it one way of another. We are so stinkin close guys….it’s just painful…you can see it in the news, we see it in the Central Banks...there is definently a lot of chatter from the banking area…I am hearing this is our week…everything is in place…that we should see this no later than Thursday…There are a lot of things pointing to it happening right about NOW.
12-17-2019 Intel Guru Delta Translation: "General Manager of the Financial Operation of the Central Bank of Iraq Interview" - the 25,000 Dinar is gonna become a 25 dinar but not how you think. It's not a LOP...the goal behind that is to fix the accounting...basically the payment system...if you have a 25,000 dinar note you're still going to get 25,000 dinar lower denominations...the CBI is confirming to everybody they are moving forward...when you lift the 3 zeros every 100 dollar is going to be 120 dinars. So that's about 85 cents. The guy {Interviewer] asked does the CBI have the infrastructure ready for this process and this guy [General Manager] said yes everything is ready for this project to move forward...
12-17-2019 Newshound/Intel Guru David M. Witty Iraqi source: political blocs will agree on name of new PM by Thursday. Outgoing Iraqi PM Abdel-Mahdi tells President Salih Thursday is the last day of the caretaker government.
12-17-2019 Intel Guru MarkZ [How long will they give us to exchange once we can make appointments?] I have heard they expect 95% of redemptions done in the first 10 days...but I am told they will give up to 30 days for everyone to get done. I do not think anyone will wait for the last minute…
12-17-2019 Newshound/Intel Guru Mnt Goat WOW! Things are moving very fast with the pressure from the demonstrators. ...Can Iraq expel Iran with the help of the US? Tehran has offered to exit from Iraq in exchange for lifting the blockade and abandoning the overthrow of the regime. ...So they admit to trying to overthrow the Iraq government. Next will they actually withdraw and the US accept the terms? This could be HUGE, HUGE and HUGE!
12-17-2019 Intel Guru MarkZ [via PDK] A lot of good things out there today. A lot of articles...The rumor is Trump took himself out of it so that the RV can move forward regardless of the stuff affecting him… If the rumor is indeed true It’s a good thing…but again I can not prove it one way of another. We are so stinkin close guys….it’s just painful…you can see it in the news, we see it in the Central Banks...there is definently a lot of chatter from the banking area…I am hearing this is our week…everything is in place…that we should see this no later than Thursday…There are a lot of things pointing to it happening right about NOW.
12-17-2019 Intel Guru Delta Translation: "General Manager of the Financial Operation of the Central Bank of Iraq Interview" - the 25,000 Dinar is gonna become a 25 dinar but not how you think. It's not a LOP...the goal behind that is to fix the accounting...basically the payment system...if you have a 25,000 dinar note you're still going to get 25,000 dinar lower denominations...the CBI is confirming to everybody they are moving forward...when you lift the 3 zeros every 100 dollar is going to be 120 dinars. So that's about 85 cents. The guy {Interviewer] asked does the CBI have the infrastructure ready for this process and this guy [General Manager] said yes everything is ready for this project to move forward...
12-17-2019 Newshound/Intel Guru David M. Witty Iraqi source: political blocs will agree on name of new PM by Thursday. Outgoing Iraqi PM Abdel-Mahdi tells President Salih Thursday is the last day of the caretaker government.
12-16-2019 Newshound Guru Bloodloch Use your heads, folks. Once "it" happens, and before you go to a BANK to exchange, meet with a Certified Public Accountant and an Attorney at Law, and maybe even a Certified Financial Planner...This is not a lawsuit to recover funds, but just a simple exchange with some savvy tax and estate planning thrown in. Be honest and let them know what your goals are for yourself, your family and the future. Let them walk you through the procedures for windfall-income tax planning and then HEED their advice, to the letter. Remember, they'll want to do a good job for you so they can keep your business and represent you, do your annual taxes, offer future advisory services, etc. Do this and you should be just fine. [Post 2 of 2] [NOTE: Speak with your tax and financial advisors at the appropriate time.]
12-16-2019 Newshound Guru Bloodloch Just to reiterate what's been said before: We should not need an 800 number, or a "secure website", or anything of that nature in order to exchange our dinars for dollars or other home-nation currencies once they become tradable and possess an exchange value that is attractive to holders. [We should not need to] Call an 800 number that is not a known bank and chances are extremely high you are talking to a thief and making appointments with nicely-dressed, smooth-talking, professional thieves. [We should not need to] Input your information on some so-called secure website and you have placed your personal data at high risk and likely on the computer screens of thieves once again. [Post 1 of 2...stay tuned] [NOTE: Speak with your tax and financial advisors at the appropriate time.]
12-16-2019 Intel Guru Frank26 ...It's not the Prime Minister who opens a new budget. It's the Minister of Finance who opens it and declares it to the country...not all of the GOI resigned and ran away in fear of being arrested...a good majority who were decent are still there...the Minister of Finance that is in this government that did not resign he has the authority to open the budget...
12-16-2019 Intel Guru MarkZ We still seem to be sitting on “go”. There was lots of good chatter and then Saturday night…Boom...it got really quiet. Like someone turned off the news. I had a number of conversations with contacts in Iraq this weekend…They are still extremely positive. Folks in Iraq are still excited…they are still expecting the new rate on Tuesday.
12-16-2019 Newshound Guru Kaperoni ...the IMF councils the CBI what to do. And they told them to float the currency. Never has there been talk of a RV or RI...Here is a direct quote from the IMF to the CBI from 2012 Article IV consultation..."staff encouraged the authorities to consider creating the conditions which would make possible a move to a more flexible exchange rate policy." That is a float people not a RV or RI! Here is the rest of that quote from the IMF..."Such flexibility could allow a predictable and gradual appreciation of the nominal exchange rate, triggered by strong oil revenues and the Balassa-Samuelson effect,"
12-16-2019 Intel Guru Frank26 Question "...why can't the 2020 budget which is said to be about 155-160 Trillion which is 20% more than 2019 operate at a program rate as well? " I didn't say it couldn't. I just pray it doesn't come out that way...Do you think you're gonna get a 160 trillion out of that budget? Hell no. Last year's budget was 20% less than that. Did they get the whole budget? No. And that's why Iraq has slums and streets filled with torn down buildings. The place needs to be fixed up...if they come out with the 2020 budget at a program rate of 1190 is that the end of world? Of course not...but "daddy" ain't gonna allow that much longer I bet you. I'm leaning toward the fact that the budget will open with the new rate. I'm leaning towards the fact that we'll see the rate before the budget is opened up...
12-16-2019 Newshound Guru MilitiaMan So, if we look at the play book above [posts 1 and 2, 12-15-2019] they sure have been working to keep the CBI on track...So, even if we don't see it in the next 24 - 48 hours we have what [Guru] Delta says iho that we are now 100% going to get paid (effectively, imo) and it looks to be within this year or within a day or two just outside that...I personally, think we have a great shot at any time now, before they open and or close their banks each day moving forward...The evidence supports it from the CBI and the actions that came from the time lines of their actions and the actions of at least the largest lender in the Country of Iraq, being the Iraq Trade Bank. So, we shall see. imo...Peace to all! [post 3 of 3]
12-16-2019 Newshound Guru Bloodloch Just to reiterate what's been said before: We should not need an 800 number, or a "secure website", or anything of that nature in order to exchange our dinars for dollars or other home-nation currencies once they become tradable and possess an exchange value that is attractive to holders. [We should not need to] Call an 800 number that is not a known bank and chances are extremely high you are talking to a thief and making appointments with nicely-dressed, smooth-talking, professional thieves. [We should not need to] Input your information on some so-called secure website and you have placed your personal data at high risk and likely on the computer screens of thieves once again. [Post 1 of 2...stay tuned] [NOTE: Speak with your tax and financial advisors at the appropriate time.]
12-16-2019 Intel Guru Frank26 ...It's not the Prime Minister who opens a new budget. It's the Minister of Finance who opens it and declares it to the country...not all of the GOI resigned and ran away in fear of being arrested...a good majority who were decent are still there...the Minister of Finance that is in this government that did not resign he has the authority to open the budget...
12-16-2019 Intel Guru MarkZ We still seem to be sitting on “go”. There was lots of good chatter and then Saturday night…Boom...it got really quiet. Like someone turned off the news. I had a number of conversations with contacts in Iraq this weekend…They are still extremely positive. Folks in Iraq are still excited…they are still expecting the new rate on Tuesday.
12-16-2019 Newshound Guru Kaperoni ...the IMF councils the CBI what to do. And they told them to float the currency. Never has there been talk of a RV or RI...Here is a direct quote from the IMF to the CBI from 2012 Article IV consultation..."staff encouraged the authorities to consider creating the conditions which would make possible a move to a more flexible exchange rate policy." That is a float people not a RV or RI! Here is the rest of that quote from the IMF..."Such flexibility could allow a predictable and gradual appreciation of the nominal exchange rate, triggered by strong oil revenues and the Balassa-Samuelson effect,"
12-16-2019 Intel Guru Frank26 Question "...why can't the 2020 budget which is said to be about 155-160 Trillion which is 20% more than 2019 operate at a program rate as well? " I didn't say it couldn't. I just pray it doesn't come out that way...Do you think you're gonna get a 160 trillion out of that budget? Hell no. Last year's budget was 20% less than that. Did they get the whole budget? No. And that's why Iraq has slums and streets filled with torn down buildings. The place needs to be fixed up...if they come out with the 2020 budget at a program rate of 1190 is that the end of world? Of course not...but "daddy" ain't gonna allow that much longer I bet you. I'm leaning toward the fact that the budget will open with the new rate. I'm leaning towards the fact that we'll see the rate before the budget is opened up...
12-16-2019 Newshound Guru MilitiaMan So, if we look at the play book above [posts 1 and 2, 12-15-2019] they sure have been working to keep the CBI on track...So, even if we don't see it in the next 24 - 48 hours we have what [Guru] Delta says iho that we are now 100% going to get paid (effectively, imo) and it looks to be within this year or within a day or two just outside that...I personally, think we have a great shot at any time now, before they open and or close their banks each day moving forward...The evidence supports it from the CBI and the actions that came from the time lines of their actions and the actions of at least the largest lender in the Country of Iraq, being the Iraq Trade Bank. So, we shall see. imo...Peace to all! [post 3 of 3]
12-15-2019 Newshound Guru MilitiaMan We also know that we are watching things about the 2020 budget to be revealed and they told us that last week it would be out and that has not happened yet. It is now slated to possibly be for tomorrow. ...the 2004 - 2017 budgets were sorted and accounted for. That leaves the 2018 and 2019 to be disclosed as needing to be accounted for too, prior to the 2020...So clearly they have a time frame as stated and it looks to be clear to me they want to keep the rate in those budgets quiet until game over...But, also note that the oil and gas, infrastructure and 2020 budget are slated for vote as early as tomorrow, unless otherwise changed... [post 2 of 3....stay tuned]
12-15-2019 Newshound Guru MilitiaMan ...The events of recent past show some fascinating things to note. We have not seen anything from the CBI telling us they have stopped the reform process. In fact the CBI has told us that they are linked with other Central Banks of the world. Noted by their website showing other note specimens...In addition...I found per the CBI that they told the world to be prepared for Contract modifications...Then ...the Iraq Trade Bank came out and suspended loans for the month of December... Then [Guru] Delta's research shows that around 11/27/2019 that Al Taif Islamic Bank / Exchange'r published warnings on their website to be prepared for dollar rate change. That is an additional confirmation to the CBI that the process is under way. [post 1 of 3....stay tuned]
12-15-2019 Newshound Guru Jeff Here's my option on the demonstrations. Yes they're gonna continue. At least right now they're not out of control and they're not tearing the place apart...the government was only able to offer back roughly two items without having the rate change...Money and creating jobs for them. All of their other demands which were additional monies from Article 140, HCL, reforms reconstruction all of those items are contained within the 2020 budget...the 2020 budget is married to the rate change. They can't implement any of those additional items which are demonstrator demands until that rate changes...here's the good news about this...we know that more time is needed to finish setting the stage for the rate change...but they can't wait too long because the demonstrators are going to be so far up their wazoo tearing the place apart that they can't wait 6 to 8 months...so that's good having that lurking in the background...
12-15-2019 Intel Guru Frank26 Question "Can you tell us any other currencies that are about to revalue?" I only study the Iraqi dinar. And the reason why is...the CBI is the only central bank that I know of that has put out the information through the IMF that they are about ready to reinstate their currency by removing zeros from your currency to add value to it and introduce a new category note to match that rate. I don't know of any other central bank saying that to me. If they were, shoot I'd be all over it...
12-15-2019 Newshound Guru Jeff Articles "Iraqi presidencies meet on the completion of the government and the US presence"; "Details of the Peace Palace Meeting" ...here's two of those articles...they're both from February 27 2019. These are the articles that tell you 1. The government was complete. 2. The second one shows you that huge celebration where they all joined together...this is the level of meeting you have when you have completed the government to celebrate...a huge accomplishment of unity...this is the level of meeting you would have shortly before you're preparing to changed that rate. IMO this was them kind of having a 30 day stage preparation before changing that rate...[IMO] they had full intentions of changing the rate possibly over that weekend of March 21st 22nd of this year 19. But it was Donald Trump who stepped in and pulled the plug on that for his own political gains and purposes.
12-15-2019 Newshound Guru Kaperoni If the Central Bank decides to raise the value, it won't be overnight but via a float to counter pressure created by significant investment.
12-15-2019 Newshound Guru MilitiaMan ...The events of recent past show some fascinating things to note. We have not seen anything from the CBI telling us they have stopped the reform process. In fact the CBI has told us that they are linked with other Central Banks of the world. Noted by their website showing other note specimens...In addition...I found per the CBI that they told the world to be prepared for Contract modifications...Then ...the Iraq Trade Bank came out and suspended loans for the month of December... Then [Guru] Delta's research shows that around 11/27/2019 that Al Taif Islamic Bank / Exchange'r published warnings on their website to be prepared for dollar rate change. That is an additional confirmation to the CBI that the process is under way. [post 1 of 3....stay tuned]
12-15-2019 Newshound Guru Jeff Here's my option on the demonstrations. Yes they're gonna continue. At least right now they're not out of control and they're not tearing the place apart...the government was only able to offer back roughly two items without having the rate change...Money and creating jobs for them. All of their other demands which were additional monies from Article 140, HCL, reforms reconstruction all of those items are contained within the 2020 budget...the 2020 budget is married to the rate change. They can't implement any of those additional items which are demonstrator demands until that rate changes...here's the good news about this...we know that more time is needed to finish setting the stage for the rate change...but they can't wait too long because the demonstrators are going to be so far up their wazoo tearing the place apart that they can't wait 6 to 8 months...so that's good having that lurking in the background...
12-15-2019 Intel Guru Frank26 Question "Can you tell us any other currencies that are about to revalue?" I only study the Iraqi dinar. And the reason why is...the CBI is the only central bank that I know of that has put out the information through the IMF that they are about ready to reinstate their currency by removing zeros from your currency to add value to it and introduce a new category note to match that rate. I don't know of any other central bank saying that to me. If they were, shoot I'd be all over it...
12-15-2019 Newshound Guru Jeff Articles "Iraqi presidencies meet on the completion of the government and the US presence"; "Details of the Peace Palace Meeting" ...here's two of those articles...they're both from February 27 2019. These are the articles that tell you 1. The government was complete. 2. The second one shows you that huge celebration where they all joined together...this is the level of meeting you have when you have completed the government to celebrate...a huge accomplishment of unity...this is the level of meeting you would have shortly before you're preparing to changed that rate. IMO this was them kind of having a 30 day stage preparation before changing that rate...[IMO] they had full intentions of changing the rate possibly over that weekend of March 21st 22nd of this year 19. But it was Donald Trump who stepped in and pulled the plug on that for his own political gains and purposes.
12-15-2019 Newshound Guru Kaperoni If the Central Bank decides to raise the value, it won't be overnight but via a float to counter pressure created by significant investment.
12-14-2019 Intel Guru Frank26 ...1 to 1 is not realistic. This is the first time I mention it to anybody...I don't worry about the rate. I don't think a program rate is enough to fulfill the budget. I also now don't think 1 to 1 is enough. Especially with the recalculations...
12-14-2019 Newshound Guru Samson Article: "Parliament holds its session next Monday and the election law is on its agenda"
12-14-2019 Intel/Newshound Gurus Frank26 & Walkingstick ...IMO we know it's a 1 to 1 rate because they told us and we have the articles to prove it. But [Guru] Walkingstick said, 'don't be surprised. They said 1 to 1 but it could be higher.'...
12-14-2019 Intel Guru Delta ...I have 99% belief that we are going to see this from now to the 2nd of January...
12-14-2019 Intel Guru Frank26 ...They're telling you about the 2020 budget and oh my gosh it's huge! There's no way a program rate can do it. No way. Therefore I know a new rate is coming before or after the budget I don't care. I care they have made it crystal clear that a new rate will come to support this gigantic budget. This budget is so big. It is so monstrous that the purchasing power that they have now with the program rate is an impossibility for that rate 1190. Therefor I know a new rate is coming...
12-14-2019 Newshound Guru Samson Article: "Parliament holds its session next Monday and the election law is on its agenda"
12-14-2019 Intel/Newshound Gurus Frank26 & Walkingstick ...IMO we know it's a 1 to 1 rate because they told us and we have the articles to prove it. But [Guru] Walkingstick said, 'don't be surprised. They said 1 to 1 but it could be higher.'...
12-14-2019 Intel Guru Delta ...I have 99% belief that we are going to see this from now to the 2nd of January...
12-14-2019 Intel Guru Frank26 ...They're telling you about the 2020 budget and oh my gosh it's huge! There's no way a program rate can do it. No way. Therefore I know a new rate is coming before or after the budget I don't care. I care they have made it crystal clear that a new rate will come to support this gigantic budget. This budget is so big. It is so monstrous that the purchasing power that they have now with the program rate is an impossibility for that rate 1190. Therefor I know a new rate is coming...
12-13-2019 Intel/Newshound Guru Delta ...I have 99% belief that we are going to see this from now to the 2nd of January... [Based on a TV interview with a member of the Finance Committee in Iraq. Stay tuned for the translation.]
12-13-2019 Newshound Guru Kaperoni ...Nothing is about to happen...Not waiting on an announcement. No redemption centers. No NDA's. Iraq is in a transition to a new Prime Minister, stability is an issue and parliament is recessed due to a disagreement over several laws.
12-13-2019 Intel Guru Bruce ...there have been 2 major telecommunications with between our president Trump/ the bank CEO’s/other people in the 3 letter agencies over the last couple of days – ...to alert the banks to make sure that nothing is in the way to keep this from going – to let this go – do not try to inhibit it do not try to do anything to slow it down or there would be repercussions...letting them know that they were absolutely serious about any more playing with this – to let this go – ...I believe the point was very well taken and I believe it was very well made and believe me – the repercussions were very serious and I think we are at the point of no more negative influence on moving forward with our exchanges / our redemption getting underway...we should have a fantastic maybe best ever Christmas we’ve ever had... [post 2 of 2]
12-13-2019 Intel Guru Bruce [via WiserNow] ...I will say this – we are at a really good place because of the things that have happened in the last few days...the GCR is in effect in place... Now, the next piece is what we’re hearing from various bank sources/redemption center/and other informed sources are looking for this to be a very important weekend for us... So you’ve got a wide open weekend there where anything is possible and maybe – just maybe we do get started on Saturday...Now, we at the redemption centers when we go in, we are going to have the ability to take some cash up to 14,000... [post 1 of 2....stay tuned]
12-13-2019 Intel Guru MarkZ ...Reno, Hong Kong, Zurich and Richmond...are being told there is a huge amount of pressure to have it all rolled out by late Saturday...We seemed to be ramped up and ready to go…My redemption Center contacts have a skeleton crew today…most are on call…but they do expect to work this weekend. Iraq is expecting to see it by Tuesday now… There is a lot of legislation they are getting done by that...I can tell you that we are in “crunch time” because most of the banking world take off 2 weeks in December...So am worried if not done soon it will be pushed off until the new year… I think we are in the “perfect storm” from watching world news…I think that 800 numbers and emails are the next steps.
12-13-2019 Intel Guru Frank26 ...IMO about 10 million people in the United States of America have dinars. IMO I think the president of the United States has dinars. That's a lot of people. It's gonna make quite a difference for the economy of the United States of America. We already have a beautiful amazing Sunday - A banana split and we're about to add a cherry on top of it...
12-13-2019 Newshound/Intel Guru Mnt Goat But many say – Oh – but Iran has all this dinar and they will be wealthy and this will circumvent the US sanctions. Really? ...The Iranians are already making billions over the fraudulent currency auctions. Do you think this really matters? ...The CBI told us there is only a fixed amount of IQD now in circulation. I remember them saying about 74 trillion? This was down from three times that much. Yes, they had to reduce the amount by 2/3 and did so. Who cares who has it? We have some too. So what? This is how reinstatements occur. Some will get rich if they smart enough and willing to invest early when the rate is suppressed. It is now artificially suppressed. So please all you negative nellies out their – calm down! This is all going to work out and we are going to get our money from this investment... [post 2 of 2]
12-13-2019 Newshound/Intel Guru Mnt Goat What [is]... on that first list of demands by the demonstrators? ...Yes, currency reform is on the list (as to do away with the currency auctions)? ...This situation is fluid. But one day very soon this is going to just come out and the OFAC sanctions will be lifted on Iraq. When? I keep listing out the issues that seem now plausible for Iraq to deal with. ...It is now all about getting rid of corruption and Iranian influence in Iraq politics. I truly believe...these two items are blocking the reinstatement and must be accomplished to some degree... [post 1 of 2....stay tuned]
12-13-2019 Newshound Guru Kaperoni ...Nothing is about to happen...Not waiting on an announcement. No redemption centers. No NDA's. Iraq is in a transition to a new Prime Minister, stability is an issue and parliament is recessed due to a disagreement over several laws.
12-13-2019 Intel Guru Bruce ...there have been 2 major telecommunications with between our president Trump/ the bank CEO’s/other people in the 3 letter agencies over the last couple of days – ...to alert the banks to make sure that nothing is in the way to keep this from going – to let this go – do not try to inhibit it do not try to do anything to slow it down or there would be repercussions...letting them know that they were absolutely serious about any more playing with this – to let this go – ...I believe the point was very well taken and I believe it was very well made and believe me – the repercussions were very serious and I think we are at the point of no more negative influence on moving forward with our exchanges / our redemption getting underway...we should have a fantastic maybe best ever Christmas we’ve ever had... [post 2 of 2]
12-13-2019 Intel Guru Bruce [via WiserNow] ...I will say this – we are at a really good place because of the things that have happened in the last few days...the GCR is in effect in place... Now, the next piece is what we’re hearing from various bank sources/redemption center/and other informed sources are looking for this to be a very important weekend for us... So you’ve got a wide open weekend there where anything is possible and maybe – just maybe we do get started on Saturday...Now, we at the redemption centers when we go in, we are going to have the ability to take some cash up to 14,000... [post 1 of 2....stay tuned]
12-13-2019 Intel Guru MarkZ ...Reno, Hong Kong, Zurich and Richmond...are being told there is a huge amount of pressure to have it all rolled out by late Saturday...We seemed to be ramped up and ready to go…My redemption Center contacts have a skeleton crew today…most are on call…but they do expect to work this weekend. Iraq is expecting to see it by Tuesday now… There is a lot of legislation they are getting done by that...I can tell you that we are in “crunch time” because most of the banking world take off 2 weeks in December...So am worried if not done soon it will be pushed off until the new year… I think we are in the “perfect storm” from watching world news…I think that 800 numbers and emails are the next steps.
12-13-2019 Intel Guru Frank26 ...IMO about 10 million people in the United States of America have dinars. IMO I think the president of the United States has dinars. That's a lot of people. It's gonna make quite a difference for the economy of the United States of America. We already have a beautiful amazing Sunday - A banana split and we're about to add a cherry on top of it...
12-13-2019 Newshound/Intel Guru Mnt Goat But many say – Oh – but Iran has all this dinar and they will be wealthy and this will circumvent the US sanctions. Really? ...The Iranians are already making billions over the fraudulent currency auctions. Do you think this really matters? ...The CBI told us there is only a fixed amount of IQD now in circulation. I remember them saying about 74 trillion? This was down from three times that much. Yes, they had to reduce the amount by 2/3 and did so. Who cares who has it? We have some too. So what? This is how reinstatements occur. Some will get rich if they smart enough and willing to invest early when the rate is suppressed. It is now artificially suppressed. So please all you negative nellies out their – calm down! This is all going to work out and we are going to get our money from this investment... [post 2 of 2]
12-13-2019 Newshound/Intel Guru Mnt Goat What [is]... on that first list of demands by the demonstrators? ...Yes, currency reform is on the list (as to do away with the currency auctions)? ...This situation is fluid. But one day very soon this is going to just come out and the OFAC sanctions will be lifted on Iraq. When? I keep listing out the issues that seem now plausible for Iraq to deal with. ...It is now all about getting rid of corruption and Iranian influence in Iraq politics. I truly believe...these two items are blocking the reinstatement and must be accomplished to some degree... [post 1 of 2....stay tuned]
12-12-2019 Newshound/Intel Guru Francis Albert ...Iraq is only "On the hook" essentially for break out of FOREX...say (I predict), .86...Traders buy and sell...that will raise the value...all that money, say up to 3 or 4 dollars, comes from people making an loosing money trading. Iraq is out of the picture at that point...because they are just buying and selling ethereal Dinar that don't and will never exist. [I would love to see 86 cents...wow.] Well, I think you would be making a big mistake to cash out at .86 Just my opinion. I suggest, you tie yourself to your bed, watch FOREX...for a bit...it's not going to go down. [Consult with your financial professional at the appropriate time.]
12-12-2019 Guest Guru BobL I had a very interesting conference call the other day…something I have been involved with for years and is part of the RV/GCR…It’s one of the steps that has to happen in order for it to kick off…It’s been dormant for some time and now all of the sudden there is a lot of activity…I can’t share a ton because I have an NDA….” but I can say that final documentation is being accumulated and sent in the appropriate places dealing with one component in “flipping the switch on the GCR. We are incredibly close…the things being exposed in the public is preparing the world for an asset/gold backed currency ...Most of the problems have been security related...but it is happening...you should all be very hopeful . This is a huge thing with a incredible amount of moving parts and people involved.
12-12-2019 Intel Guru MarkZ Banking chatter has gone through the roof...my folks in Redemption centers are all in place. They had a skeleton crew the last few days but today they are fully staffed. I hear from bankers here on the east coast from Richmond to Raliegh to Reno that they are getting calls to be in place…things are really heating up...There is a whole lot of chatter today after 4 days of “deafening silence”. I talked to 2 contacts in Iraq and they are still positive we will see it before next Tuesday...
12-12-2019 Newshound/Intel Guru RVAlready I think [Article] 140 is smoke and CBI is fast tracking the RV. If the protestors do not see the RV soon, things will get uglier for the government.
12-12-2019 Newshound Guru Jeff I have found something HUGE that no one else has caught on to or noticed. History right now is repeating itself. Article "Parliamentary Finance: Iraq will enter a temporary budget in 2020" Iraq is approving and putting in place a temporary budget...IMO what this temporary budget is gonna do is cover their government operating expenses through Q1. What that does is gives them time to approve the permanent budget that I told you IMO would be implemented Q2...this article right at the end is telling you the reforms are inside the 2020 budget. This is huge...
12-12-2019 Newshound/Intel Guru Mnt Goat Article "CENTRAL BANK HAS BEEN BUYING GOLD IN PREPARATION FOR CURRENCY RISE" Quote: "Iraqi Central Bank bought gold reserves of more than 90 tons. This is a cover for the Iraqi dinar IN ORDER TO ENHANCE ITS STRENGTH IN THE GLOBAL MARKETS." This is one of those WOW! articles. Why are they telling us this now in the midst of all these demonstrations? Is the CBI about to raise the value of the dinar now because, even though they have bought all this gold the rate of the dinar has actually gone down. So, when will the true value be reflected in the rate?
12-12-2019 Guest Guru BobL I had a very interesting conference call the other day…something I have been involved with for years and is part of the RV/GCR…It’s one of the steps that has to happen in order for it to kick off…It’s been dormant for some time and now all of the sudden there is a lot of activity…I can’t share a ton because I have an NDA….” but I can say that final documentation is being accumulated and sent in the appropriate places dealing with one component in “flipping the switch on the GCR. We are incredibly close…the things being exposed in the public is preparing the world for an asset/gold backed currency ...Most of the problems have been security related...but it is happening...you should all be very hopeful . This is a huge thing with a incredible amount of moving parts and people involved.
12-12-2019 Intel Guru MarkZ Banking chatter has gone through the roof...my folks in Redemption centers are all in place. They had a skeleton crew the last few days but today they are fully staffed. I hear from bankers here on the east coast from Richmond to Raliegh to Reno that they are getting calls to be in place…things are really heating up...There is a whole lot of chatter today after 4 days of “deafening silence”. I talked to 2 contacts in Iraq and they are still positive we will see it before next Tuesday...
12-12-2019 Newshound/Intel Guru RVAlready I think [Article] 140 is smoke and CBI is fast tracking the RV. If the protestors do not see the RV soon, things will get uglier for the government.
12-12-2019 Newshound Guru Jeff I have found something HUGE that no one else has caught on to or noticed. History right now is repeating itself. Article "Parliamentary Finance: Iraq will enter a temporary budget in 2020" Iraq is approving and putting in place a temporary budget...IMO what this temporary budget is gonna do is cover their government operating expenses through Q1. What that does is gives them time to approve the permanent budget that I told you IMO would be implemented Q2...this article right at the end is telling you the reforms are inside the 2020 budget. This is huge...
12-12-2019 Newshound/Intel Guru Mnt Goat Article "CENTRAL BANK HAS BEEN BUYING GOLD IN PREPARATION FOR CURRENCY RISE" Quote: "Iraqi Central Bank bought gold reserves of more than 90 tons. This is a cover for the Iraqi dinar IN ORDER TO ENHANCE ITS STRENGTH IN THE GLOBAL MARKETS." This is one of those WOW! articles. Why are they telling us this now in the midst of all these demonstrations? Is the CBI about to raise the value of the dinar now because, even though they have bought all this gold the rate of the dinar has actually gone down. So, when will the true value be reflected in the rate?
12-11-2019 Intel Guru Delta ...BASE ON WHAT CBI TOLD US ON THE INTERVIEW WE ARE WAITING FOR ANNOUNCEMENT NOTHING MORE... IMO.
12-11-2019 Intel Guru Bruce ...do I believe that it’s going down this week? I’ve been told it is – I’ve been told we have a back wall – which I hate that term...because we know the back wall has been moved time and time again...But...I believe it’s Saturday... So, if that is the case, and if everything, quote unquote, is done...I believe we are...and we should be there this week...I feel really good about it occurring this week... I want to be expectant for something good to be happening very soon and hopefully this week... [post 2 of 2]
12-11-2019 Intel Guru Bruce [via WiserNow] ...I know they [redemption centers] are waiting for information from corporate offices...so they can staff redemptions centers as fully as they need to be for the next 8 or so days. Now, when it gets this relatively quiet, we look at it as a good sign – We know that people have been told to shut up...that there are gag orders... there are NDA’s in place – We know that there is clean up ongoing that we know is going on behind the scenes – but we don’t really know the exact nuts and bolts of it all ...sources...are getting....less and less ability to communicate... [post 1 of 2....stay tuned]
12-11-2019 Newshound Guru Adam Montana WTI (oil) at $59 this morning = good. The Kurds already agreed to a portion of the Budget, and they are continuing to make progress on their own responsibilities. Also good. For those coming late to the party, Prime Minister Mahdi is stepping down and is to be replaced. Reading between the lines leads me to believe that a person is chosen, but they are going to wait until the "last possible day" to announce him. This makes sense to me - by releasing the name at the last minute, they will transition into the next phase with less issues. I like it. Things are going well. As long as Steve Harvey isn't chosen to announce the rate, we're going to be just fine! [LOL]
12-11-2019 Intel Guru MarkZ [via PDK] I am hearing there was a big, high-level banking meeting held late last night in the US…dealing with where we are at…and the delays… All they would tell me is it’s very close…just wait a little longer…I am digging and trying to find out more without them violating any NDA’s ... I spoke to 3 people in Iraq… ...there are a number of government changes happening and based on what they see - they are hopeful to see the new rate between now and the first of next week. CBI is continuing to educate people about the monetary reform... I am very encouraged by this…
12-11-2019 Newshound/Intel Guru Mnt Goat ...We know that the HCL is designated to pay out under a uniform rate of close to 1:1 with the US dollar. This is how it was set up. So, the in-country RV only has to be announced now... I have said this before and I will say it again. Don’t worry about the initial rate of the in-country RV that should come out around 83 cents to a buck. This rate will be pushed to FOREX as the initial rate but it will get driven up so quickly to the real nominal value that you will not even have chance to go to the bank before its around $3+ and maybe even climbs to $4+. Am I giving you a rate? Yes, we know about the rate now and we know how they plan to implement this process. This is nothing new. This is as close as anyone will get until the rate is actually shown.
12-11-2019 Intel Guru Frank26 ...They're revealing their plan. The rate of the country's currency ladies and gentlemen against the American dollar is about to change...This is the latest thing the CBI has revealed...
12-11-2019 Newshound Guru Vital Brad ...this is closer than it's ever been since I've been involved. Over 10 years. Things are really happening in Iraq. Things are really moving. There's a lot to be excited about...
12-11-2019 Intel Guru Bruce ...do I believe that it’s going down this week? I’ve been told it is – I’ve been told we have a back wall – which I hate that term...because we know the back wall has been moved time and time again...But...I believe it’s Saturday... So, if that is the case, and if everything, quote unquote, is done...I believe we are...and we should be there this week...I feel really good about it occurring this week... I want to be expectant for something good to be happening very soon and hopefully this week... [post 2 of 2]
12-11-2019 Intel Guru Bruce [via WiserNow] ...I know they [redemption centers] are waiting for information from corporate offices...so they can staff redemptions centers as fully as they need to be for the next 8 or so days. Now, when it gets this relatively quiet, we look at it as a good sign – We know that people have been told to shut up...that there are gag orders... there are NDA’s in place – We know that there is clean up ongoing that we know is going on behind the scenes – but we don’t really know the exact nuts and bolts of it all ...sources...are getting....less and less ability to communicate... [post 1 of 2....stay tuned]
12-11-2019 Newshound Guru Adam Montana WTI (oil) at $59 this morning = good. The Kurds already agreed to a portion of the Budget, and they are continuing to make progress on their own responsibilities. Also good. For those coming late to the party, Prime Minister Mahdi is stepping down and is to be replaced. Reading between the lines leads me to believe that a person is chosen, but they are going to wait until the "last possible day" to announce him. This makes sense to me - by releasing the name at the last minute, they will transition into the next phase with less issues. I like it. Things are going well. As long as Steve Harvey isn't chosen to announce the rate, we're going to be just fine! [LOL]
12-11-2019 Intel Guru MarkZ [via PDK] I am hearing there was a big, high-level banking meeting held late last night in the US…dealing with where we are at…and the delays… All they would tell me is it’s very close…just wait a little longer…I am digging and trying to find out more without them violating any NDA’s ... I spoke to 3 people in Iraq… ...there are a number of government changes happening and based on what they see - they are hopeful to see the new rate between now and the first of next week. CBI is continuing to educate people about the monetary reform... I am very encouraged by this…
12-11-2019 Newshound/Intel Guru Mnt Goat ...We know that the HCL is designated to pay out under a uniform rate of close to 1:1 with the US dollar. This is how it was set up. So, the in-country RV only has to be announced now... I have said this before and I will say it again. Don’t worry about the initial rate of the in-country RV that should come out around 83 cents to a buck. This rate will be pushed to FOREX as the initial rate but it will get driven up so quickly to the real nominal value that you will not even have chance to go to the bank before its around $3+ and maybe even climbs to $4+. Am I giving you a rate? Yes, we know about the rate now and we know how they plan to implement this process. This is nothing new. This is as close as anyone will get until the rate is actually shown.
12-11-2019 Intel Guru Frank26 ...They're revealing their plan. The rate of the country's currency ladies and gentlemen against the American dollar is about to change...This is the latest thing the CBI has revealed...
12-11-2019 Newshound Guru Vital Brad ...this is closer than it's ever been since I've been involved. Over 10 years. Things are really happening in Iraq. Things are really moving. There's a lot to be excited about...
12-10-2019 Intel Guru Delta ...I believe this week or next week we should see an announcement coming up from the Central Bank of Iraq. This is going to be a big thing because the Committee of Financial Operations they're ready...they're lining up everything...
12-10-2019 Intel Guru MarkZ [via PDK] Redemption center folks have been there all week so far. I have connections in 3 different spots and they are hearing little to no news right now. They still have a high level of expectation. ...Is this the quiet before the storm? ...maybe its not a bad thing that we have a lack of news. I did speak with my Iraq contact…no new rate yet but they are in a better mood now…I am still hearing Dinar $3+ to $8 ...with a possible Contract rate of as high as $28.50...I still believe that the Dong will come out at about .47 and maybe float..to low 2's...
12-10-2019 Newshound Guru Jeff Article "Parliamentary Finance Committee intends to raise the price of the dinar against the dollar and give it strength among other currencies" ...because Iraq's inflation is a little bit higher they need to delete the zeros...to curb the inflation that will allow them to mint coins. And they will have a higher exchange rate because of the deletion of the zeros to support and sustain and allow for the minting and use of coins...
12-10-2019 Intel & Newshound Gurus Frank26 & Walkingstick ...the currency of Iraq against the American dollar - the exchange rate is about to go up. It's now in print!...why do you think Kurdistan is going ape-kaka! They can't wait to start making money. It's now in print ladies and gentlemen...the value is changing, they said it! ...It stops short of one thing...the pictures and descriptions of the new small category notes...
12-10-2019 Newshound/Intel Guru Mnt Goat So, the US is now in Iraq in force. They are pushing to open these budgets and get these much-needed reforms and projects completed. ...When will this occur? It can’t be too long now since the demonstrators demand these payments [HCL] and now the US too is going to force this to happen. Will the CBI convince the US to let the later reinstatement process go ahead, if they pay out? The US will have to let it go since Iraq will have to issue the smaller of the smaller category notes and this initiates the process to delete the zeros that ultimately leads to the reinstate of the dinar for global trading. ...What we don’t know is the exact timing and so we sit and wait. Again…I tell you we are in a VERY GOOD, unprecedented, never before since 2012-2013, window of opportunity to see this happen. I do not see this window coming and going like the others of the past. I truly believe this may be it... [post 2 of 2]
12-10-2019 Newshound/Intel Guru Mnt Goat ...the main thrust of the demonstrators in Iraq is for the GOI to live up to past promises...to payout on promised HCL (excess oil revenue) payments to the citizens. ...This part of the HCL law was voted on and passed, then promised to the people in the summer of 2018, then again in fall. Then one last news article told us in January 2019. But still no payments have been made. Why? It is because of the corruption in the government. They do not want to open the 2018 budget and now the 2019 budget, as done with other budgets since 2014...they know if they do open the budget it includes many reforms they will be forced to implement and pay for. It has all been a fraud and a scam run by the corrupt Iranian politicians. [post 1 of 2....stay tuned]
12-10-2019 Newshound Guru Jeff News over the weekend told us this week...they are going to try to finish the Electoral Commission Act and submit the 2020 budget to parliament for the first reading...
12-10-2019 Intel Guru MarkZ [via PDK] Redemption center folks have been there all week so far. I have connections in 3 different spots and they are hearing little to no news right now. They still have a high level of expectation. ...Is this the quiet before the storm? ...maybe its not a bad thing that we have a lack of news. I did speak with my Iraq contact…no new rate yet but they are in a better mood now…I am still hearing Dinar $3+ to $8 ...with a possible Contract rate of as high as $28.50...I still believe that the Dong will come out at about .47 and maybe float..to low 2's...
12-10-2019 Newshound Guru Jeff Article "Parliamentary Finance Committee intends to raise the price of the dinar against the dollar and give it strength among other currencies" ...because Iraq's inflation is a little bit higher they need to delete the zeros...to curb the inflation that will allow them to mint coins. And they will have a higher exchange rate because of the deletion of the zeros to support and sustain and allow for the minting and use of coins...
12-10-2019 Intel & Newshound Gurus Frank26 & Walkingstick ...the currency of Iraq against the American dollar - the exchange rate is about to go up. It's now in print!...why do you think Kurdistan is going ape-kaka! They can't wait to start making money. It's now in print ladies and gentlemen...the value is changing, they said it! ...It stops short of one thing...the pictures and descriptions of the new small category notes...
12-10-2019 Newshound/Intel Guru Mnt Goat So, the US is now in Iraq in force. They are pushing to open these budgets and get these much-needed reforms and projects completed. ...When will this occur? It can’t be too long now since the demonstrators demand these payments [HCL] and now the US too is going to force this to happen. Will the CBI convince the US to let the later reinstatement process go ahead, if they pay out? The US will have to let it go since Iraq will have to issue the smaller of the smaller category notes and this initiates the process to delete the zeros that ultimately leads to the reinstate of the dinar for global trading. ...What we don’t know is the exact timing and so we sit and wait. Again…I tell you we are in a VERY GOOD, unprecedented, never before since 2012-2013, window of opportunity to see this happen. I do not see this window coming and going like the others of the past. I truly believe this may be it... [post 2 of 2]
12-10-2019 Newshound/Intel Guru Mnt Goat ...the main thrust of the demonstrators in Iraq is for the GOI to live up to past promises...to payout on promised HCL (excess oil revenue) payments to the citizens. ...This part of the HCL law was voted on and passed, then promised to the people in the summer of 2018, then again in fall. Then one last news article told us in January 2019. But still no payments have been made. Why? It is because of the corruption in the government. They do not want to open the 2018 budget and now the 2019 budget, as done with other budgets since 2014...they know if they do open the budget it includes many reforms they will be forced to implement and pay for. It has all been a fraud and a scam run by the corrupt Iranian politicians. [post 1 of 2....stay tuned]
12-10-2019 Newshound Guru Jeff News over the weekend told us this week...they are going to try to finish the Electoral Commission Act and submit the 2020 budget to parliament for the first reading...
12-9-2019 Intel Guru MarkZ [via PDK] [Have you heard anything new about taxes?] I still hear that this will not be a taxable event. But, things do change and I will be setting aside 30-40% …just in case. Be sure to seek professional help when this goes.
12-9-2019 Newshound Guru Kaperoni The only way we're going to see an increase in the value of the dinar is to see laws passed to support a private sector and significant investment in the rebuilding of Iraq. Only then will we see the dinar begin to rise.
12-9-2019 Newshound Guru Jeff Article "Political blocs reach a final decision to choose a candidate to head the Iraqi government" From what we learned over the weekend. Mahdi and his cabinet will stay in place until the end of December. Now the news is telling us the political blocks have reached an agreement on a new PM candidate. That's great news. So what the the news is showing us is there most likely will not be a lapse in the PM. It will just be out with the old in with the new. Just a seamless transition from old PM to new PM. And that's great news for us.
12-9-2019 Intel Guru MarkZ [via PDK] I still continue to feel good and really feel this is our week. It was a quiet weekend…I think we all have the Monday News Blues when not much has happened yet. [What's going on in Iraq?] I have heard nothing from Iraq since Saturday Morning when there was not a new rate in the Gazette. [Okie (Guru Okie_Oil_Man) would say let's get gear down, and three green, flaps 45 degrees, and land this thing.] It is time to land that Jet for sure…landing gear down. ...There could not be a more perfect time in history to see a Global Currency Reset...
12-9-2019 Newshound/Intel Guru RVAlready ...the CBI is getting the RV released, the UN knows it is a priority, and nothing else will have any effect in delaying the RV...Protestors are demanding the RV. It is not going to be delayed for anything else.
12-9-2019 Intel Guru Frank26 Question "Do you think the IQD will peak about $4.26 after 6 to 7 months?" IMO I don't think it will be a managed float. I think it will be a float. Because of the potential of the country of Iraq and because the United States of America is protecting it with its force field of our might [and] of our armed forces. You can't touch Iraq. Nobody can. They all know it...6 to 7 months? No. I see it happening a lot faster...I do see it coming out at $1 internally and then leaving the borders at just over $1 and not within 6 or 7 months. Not even 6 or 7 weeks. Because of the potential of this country...the logarithmic potential of Iraq financial future that is going to touch so many other countries, many different ways. My God it's full of stars...You gotta know when to hold them and when to fold them. And I'm not here to do that for you... [Consult your financial professionals at the appropriate time.]
12-9-2019 Newshound Guru Kaperoni The only way we're going to see an increase in the value of the dinar is to see laws passed to support a private sector and significant investment in the rebuilding of Iraq. Only then will we see the dinar begin to rise.
12-9-2019 Newshound Guru Jeff Article "Political blocs reach a final decision to choose a candidate to head the Iraqi government" From what we learned over the weekend. Mahdi and his cabinet will stay in place until the end of December. Now the news is telling us the political blocks have reached an agreement on a new PM candidate. That's great news. So what the the news is showing us is there most likely will not be a lapse in the PM. It will just be out with the old in with the new. Just a seamless transition from old PM to new PM. And that's great news for us.
12-9-2019 Intel Guru MarkZ [via PDK] I still continue to feel good and really feel this is our week. It was a quiet weekend…I think we all have the Monday News Blues when not much has happened yet. [What's going on in Iraq?] I have heard nothing from Iraq since Saturday Morning when there was not a new rate in the Gazette. [Okie (Guru Okie_Oil_Man) would say let's get gear down, and three green, flaps 45 degrees, and land this thing.] It is time to land that Jet for sure…landing gear down. ...There could not be a more perfect time in history to see a Global Currency Reset...
12-9-2019 Newshound/Intel Guru RVAlready ...the CBI is getting the RV released, the UN knows it is a priority, and nothing else will have any effect in delaying the RV...Protestors are demanding the RV. It is not going to be delayed for anything else.
12-9-2019 Intel Guru Frank26 Question "Do you think the IQD will peak about $4.26 after 6 to 7 months?" IMO I don't think it will be a managed float. I think it will be a float. Because of the potential of the country of Iraq and because the United States of America is protecting it with its force field of our might [and] of our armed forces. You can't touch Iraq. Nobody can. They all know it...6 to 7 months? No. I see it happening a lot faster...I do see it coming out at $1 internally and then leaving the borders at just over $1 and not within 6 or 7 months. Not even 6 or 7 weeks. Because of the potential of this country...the logarithmic potential of Iraq financial future that is going to touch so many other countries, many different ways. My God it's full of stars...You gotta know when to hold them and when to fold them. And I'm not here to do that for you... [Consult your financial professionals at the appropriate time.]
12-8-2019 Intel Guru Delta AN INTERVIEW TOOK PLACE ON 09/30/19...I JUST GOT IT...WITH GENERAL DIRECTOR OF FINANCIAL OPERATION DEPARTMENT OF THE CBI...Mahmoud Mohamed Dagher. THIS DEPARTMENT JOB IS...implementing the monetary policy of the Central Bank of Iraq. HE SAID THAT THEY LAUNCHED THE PROCESS OF LIFTING ZEROS AND NEW LDS ON SEPT...AND MUCH MORE...
12-8-2019 Intel Guru Frank26 Question "Do we wait past the first rush of the rate change?" That's your business...if you want to go for that sucker bet go ahead. Everybody has been waiting an eternity to exchange their dinar for capital gains. If the CBI offers you 1 dollar what are you going to say? ...it is the individual that reaches down in the river and cups the water in his hands and brings it to his mouth and drinks...that will be successful. Not the one who just falls in the river...not aware of the dangers around him...If you're a student I think you know what to do... [Remember to always consult your financial professionals at the appropriate time.]
12-8-2019 Newshound Guru MilitiaMan Article: "Parliamentary Finance Committee intends to raise the price of the dinar against the dollar and give it strength among other currencies...19th August, 2019" This is a friendly reminder to all who still think that there is any question, as to they are going to raise the value of their currency. Central Bank and Parliaments words not mine. They clearly mention coins and small category notes in support of them doing so...
12-8-2019 Intel Guru Frank26 ...it occurred 9:30am EST today [yesterday]. The CBI website shutdown. Which was 5:30PM Baghdad time...the website is for communicating, teaching and describing everything the CBI is doing right now. What are they doing right now? A monetary reform of their currency. The thing I found interesting that occurred: It was a Saturday into a Sunday. They were shut down for a long time...7 hours...I had never seen it shut down for this long before...IMO the CBI is doing maintenance on their website...I believe they're doing something in relationship to their monetary reform...what you saw today was not a mistake. It was so loud it screamed across all of our teams...we're looking for anything new after the date that VP Mike Pence arrived in Iraq...
12-8-2019 Newshound/Intel Guru Mnt Goat The currency auctions breed corruption and is one of the many sources of massive corruption of all this oil money and wealth of Iraq. Many skeptics still say that there is going to be a lop ...this could not possibly be a lop and why this is the basis for us making millions if not billions off this as a long-term investment. ...Don’t buy into this investment if you are wimp and can’t stand the pain of the constant stream of good news then bad news from the Central Bank of Iraq. Since my initial investment in the dinar in 2006 I have learned so much. I would not still be here if I did not have total faith that someday this currency will revalue by having the OFAC sanctions lifted.
12-8-2019 Intel Guru Frank26 Question "Do we wait past the first rush of the rate change?" That's your business...if you want to go for that sucker bet go ahead. Everybody has been waiting an eternity to exchange their dinar for capital gains. If the CBI offers you 1 dollar what are you going to say? ...it is the individual that reaches down in the river and cups the water in his hands and brings it to his mouth and drinks...that will be successful. Not the one who just falls in the river...not aware of the dangers around him...If you're a student I think you know what to do... [Remember to always consult your financial professionals at the appropriate time.]
12-8-2019 Newshound Guru MilitiaMan Article: "Parliamentary Finance Committee intends to raise the price of the dinar against the dollar and give it strength among other currencies...19th August, 2019" This is a friendly reminder to all who still think that there is any question, as to they are going to raise the value of their currency. Central Bank and Parliaments words not mine. They clearly mention coins and small category notes in support of them doing so...
12-8-2019 Intel Guru Frank26 ...it occurred 9:30am EST today [yesterday]. The CBI website shutdown. Which was 5:30PM Baghdad time...the website is for communicating, teaching and describing everything the CBI is doing right now. What are they doing right now? A monetary reform of their currency. The thing I found interesting that occurred: It was a Saturday into a Sunday. They were shut down for a long time...7 hours...I had never seen it shut down for this long before...IMO the CBI is doing maintenance on their website...I believe they're doing something in relationship to their monetary reform...what you saw today was not a mistake. It was so loud it screamed across all of our teams...we're looking for anything new after the date that VP Mike Pence arrived in Iraq...
12-8-2019 Newshound/Intel Guru Mnt Goat The currency auctions breed corruption and is one of the many sources of massive corruption of all this oil money and wealth of Iraq. Many skeptics still say that there is going to be a lop ...this could not possibly be a lop and why this is the basis for us making millions if not billions off this as a long-term investment. ...Don’t buy into this investment if you are wimp and can’t stand the pain of the constant stream of good news then bad news from the Central Bank of Iraq. Since my initial investment in the dinar in 2006 I have learned so much. I would not still be here if I did not have total faith that someday this currency will revalue by having the OFAC sanctions lifted.
12-7-2019 Newshound/Intel Guru Mnt Goat Article: "October 3, 2012 MIDEAST MONEY" ...Is the Iraqi dinar legitimate currency of [or?] just exotic collectors item? We know from this article from 2012 that the dinar is in FACT a real currency and is being used inside Iraq as their currency right now. But in 2004, upon its inception, it was not meant to be a permanent currency. ...there were many reasons for issuing it. Are these reasons now still legitimate reasons. NO! These reasons are no longer valid and these large 3 zero notes have outlived their usefulness. In fact they are long due to be replaced with normal denominations.
12-7-2019 Newshound Guru Jeff Article "Trump envoy visits Baghdad and Erbil" ...as you know the Trump administration is in charge. The U.S. is the only group or entity that pours trillions of dollars into Iraq without writing loans...the only time the IMF or World Bank ever gave money to Iraq was in the form of a loan. In the past many gurus have come out and said that 'oh the IMF or the World Bank gave the green light.' Guess what? They're not in charge. Trump is in charge of the timing. It's that simple. That's why recently Pence was there. Now there's another Trump envoy there...
12-7-2019 Intel Guru Bruce Now, there has been some chatter out there online about 800 numbers or NO 800 numbers – I’m telling you I am getting direct from redemption centers – from banks – from people who are high, high up, saying “yes” I will get a toll free number to give you guys -- and so will 2 other people in the community that I am aware of that will get these to put out...So I am going to say “yes” we are going to get them and “yes” they’re still valid and let’s just watch this whole thing unfold in that regard...
12-7-2019 Newshound/Intel Guru Mnt Goat Article: "October 3, 2012 MIDEAST MONEY" Quote: "IN THE LONG TERM, THE CENTRAL BANK AIMS TO MAKE 1 DINAR EQUAL TO $1 with a combination of redenomination and appreciation, ALTHOUGH THAT WILL TAKE OVER THREE YEARS BECAUSE OF INSTABILITY in the Middle East" (please note date of article...is from 2012) I want everyone to know that I am not advising you to invest or not to invest in the Iraqi dinar. I am only presenting an article with my opinion based on what they are telling us from Iraq. It’s 2019 and the dinar is still NOT freely traded by banks outside IRAQ. It has been over 3 years already [more like 7 years] and still no RV. Is it time for this to happen. ...I feel these demonstrations may be the key to forcing this change finally to happen. It is not a matter of having the value to support $1.00 or even $3.00. It is instead a matter of ending the corruption and getting the political will to just do it.
12-7-2019 Intel Guru Frank26 The CBI [representative Iraqi bank] came out and not only did they put it on their website but they put it out on social media...'the American dollar rate might change.'...all of this is coming together...
12-7-2019 Intel Guru MarkZ [via PDK] [We were once told to have separate appointments for each currency …is that still true or does it matter anymore?] I heard it doesn't matter anymore...I hear they want you to do it all at once
12-7-2019 Newshound Guru Jeff Article "Trump envoy visits Baghdad and Erbil" ...as you know the Trump administration is in charge. The U.S. is the only group or entity that pours trillions of dollars into Iraq without writing loans...the only time the IMF or World Bank ever gave money to Iraq was in the form of a loan. In the past many gurus have come out and said that 'oh the IMF or the World Bank gave the green light.' Guess what? They're not in charge. Trump is in charge of the timing. It's that simple. That's why recently Pence was there. Now there's another Trump envoy there...
12-7-2019 Intel Guru Bruce Now, there has been some chatter out there online about 800 numbers or NO 800 numbers – I’m telling you I am getting direct from redemption centers – from banks – from people who are high, high up, saying “yes” I will get a toll free number to give you guys -- and so will 2 other people in the community that I am aware of that will get these to put out...So I am going to say “yes” we are going to get them and “yes” they’re still valid and let’s just watch this whole thing unfold in that regard...
12-7-2019 Newshound/Intel Guru Mnt Goat Article: "October 3, 2012 MIDEAST MONEY" Quote: "IN THE LONG TERM, THE CENTRAL BANK AIMS TO MAKE 1 DINAR EQUAL TO $1 with a combination of redenomination and appreciation, ALTHOUGH THAT WILL TAKE OVER THREE YEARS BECAUSE OF INSTABILITY in the Middle East" (please note date of article...is from 2012) I want everyone to know that I am not advising you to invest or not to invest in the Iraqi dinar. I am only presenting an article with my opinion based on what they are telling us from Iraq. It’s 2019 and the dinar is still NOT freely traded by banks outside IRAQ. It has been over 3 years already [more like 7 years] and still no RV. Is it time for this to happen. ...I feel these demonstrations may be the key to forcing this change finally to happen. It is not a matter of having the value to support $1.00 or even $3.00. It is instead a matter of ending the corruption and getting the political will to just do it.
12-7-2019 Intel Guru Frank26 The CBI [representative Iraqi bank] came out and not only did they put it on their website but they put it out on social media...'the American dollar rate might change.'...all of this is coming together...
12-7-2019 Intel Guru MarkZ [via PDK] [We were once told to have separate appointments for each currency …is that still true or does it matter anymore?] I heard it doesn't matter anymore...I hear they want you to do it all at once
12-6-2019 Intel Guru Delta ...Bank in Iraq...they had a statement that was very interesting, "The U.S. dollar rates may change." That was very strange...November 29 they started putting that small memo there...this is the first time I've seen something like that...this is huge...
12-6-2019 Intel Guru Michael Cottrell ...this thing is about to drop. Yes, we are very close given the information and activities that have happened since I sent that package to President Trump. [Do you still see this as a GCR and everything going at the same time?] Yes I do...It’s common sense the way this is going to happen...without it all happening at once and it would be a mess.
12-6-2019 Intel Guru Bruce [via WiserNow] ...27 event triggers are all but complete...There’s one that we believe is left and that we believe is the release of the toll free numbers...we are the internet group...we’re the only ones who have “privately” negotiable rates...meaning we have some flexibility on the rates...and that is why our group tier 4B will be the last to go because they have new rates...that have populated on the screens tonight for us that are very, very strong to start whenever it is that we are to start...So…we have new rates that have shown up on the screens that are solid that are there – We have a new procedure that is in place for us with this finger printing – We have expectations to get this party started here pretty soon...
12-6-2019 Newshound/Intel Guru Mnt Goat ...You may not hear anything about this in the news but they are about to payout on HCL money to the people. This will be a consistent stream of money to the people. This is mandated by the new Iraqi constitution. This is going to be interesting. The rate to be paid out to the people must be around 1:1 close to par with the US dollar. So will they change the rate also and complete the project to delete the zeros?
12-6-2019 Intel Guru MarkZ [via PDK] I talked to 2 Iraqi contacts and they are expecting and very hopeful to see the new rates in tomorrows gazette. On the flip side of that, which may or may not be related…supposedly we are positioning 14,000 troops throughout Iraq and the middle east…because of Iran. Could this be a cover? The reason to have troops there for the roll out of the RV? I certainly hope so. We are all ready to have this done...
12-6-2019 Newshound Guru MilitiaMan Article: "Diyala clans stage demonstrations in support of the peaceful center of Baquba" The calm on the streets has a great feel today. The recent actions of the suspension of loans is powerful. All loans and many contracts have to deal with payments. Think about it. Every car loan, house loan, private loan, commercial and even industrial loans have to be adjusted accordingly when a rate is expected to change...So, when they say all banks are involved that means they are ready now. Banks are closed in Baghdad long time ago now. They have said they were having a Parliament session tonight in regard to the budget... So, I feel good that this one killer window! imo.
12-6-2019 Guest Intel Guru Angel1 ...my teams are on high alert...because of the speed of this thing. Because the speed in which this is happening.
12-6-2019 Newshound Guru Kaperoni ...I assure you, nothing good is coming as a result of the Iraqi protests. These protests in Iraq are nothing more than citizen frustration over a lack of progress the past 10 years. It's going to take more than protests to fix the problems in Iraq.The political class in Iraq is embedded in corruption. They will not give up without a fight. Disclosure of assets, income and prosecution of the crooked must happen to fix this mess.
12-6-2019 Intel Guru Michael Cottrell ...this thing is about to drop. Yes, we are very close given the information and activities that have happened since I sent that package to President Trump. [Do you still see this as a GCR and everything going at the same time?] Yes I do...It’s common sense the way this is going to happen...without it all happening at once and it would be a mess.
12-6-2019 Intel Guru Bruce [via WiserNow] ...27 event triggers are all but complete...There’s one that we believe is left and that we believe is the release of the toll free numbers...we are the internet group...we’re the only ones who have “privately” negotiable rates...meaning we have some flexibility on the rates...and that is why our group tier 4B will be the last to go because they have new rates...that have populated on the screens tonight for us that are very, very strong to start whenever it is that we are to start...So…we have new rates that have shown up on the screens that are solid that are there – We have a new procedure that is in place for us with this finger printing – We have expectations to get this party started here pretty soon...
12-6-2019 Newshound/Intel Guru Mnt Goat ...You may not hear anything about this in the news but they are about to payout on HCL money to the people. This will be a consistent stream of money to the people. This is mandated by the new Iraqi constitution. This is going to be interesting. The rate to be paid out to the people must be around 1:1 close to par with the US dollar. So will they change the rate also and complete the project to delete the zeros?
12-6-2019 Intel Guru MarkZ [via PDK] I talked to 2 Iraqi contacts and they are expecting and very hopeful to see the new rates in tomorrows gazette. On the flip side of that, which may or may not be related…supposedly we are positioning 14,000 troops throughout Iraq and the middle east…because of Iran. Could this be a cover? The reason to have troops there for the roll out of the RV? I certainly hope so. We are all ready to have this done...
12-6-2019 Newshound Guru MilitiaMan Article: "Diyala clans stage demonstrations in support of the peaceful center of Baquba" The calm on the streets has a great feel today. The recent actions of the suspension of loans is powerful. All loans and many contracts have to deal with payments. Think about it. Every car loan, house loan, private loan, commercial and even industrial loans have to be adjusted accordingly when a rate is expected to change...So, when they say all banks are involved that means they are ready now. Banks are closed in Baghdad long time ago now. They have said they were having a Parliament session tonight in regard to the budget... So, I feel good that this one killer window! imo.
12-6-2019 Guest Intel Guru Angel1 ...my teams are on high alert...because of the speed of this thing. Because the speed in which this is happening.
12-6-2019 Newshound Guru Kaperoni ...I assure you, nothing good is coming as a result of the Iraqi protests. These protests in Iraq are nothing more than citizen frustration over a lack of progress the past 10 years. It's going to take more than protests to fix the problems in Iraq.The political class in Iraq is embedded in corruption. They will not give up without a fight. Disclosure of assets, income and prosecution of the crooked must happen to fix this mess.
12-5-2019 Newshound Guru MilitiaMan The consistency of the talk of loans, debt, payments, salaries, etc., cannot get lost on the timing of all these things that are converging. They clearly are in push mode to jump start the market economy by having an irregular session. This convergence should have everyone feeling real good about now! imo All banks are set and on board we understand to adjust payments (accounting), salaries, loans, debts, etc...
12-5-2019 Intel Guru Frank26 ...They're [the CBI] is talking like crazy...they came out and told...Iraq citizens we are not going to give out any more loans for a month...when you do an accounting move like that it's suspicious...this is because IMO there is a new rate coming...the logic that we're following here is not emotional...
12-5-2019 Intel Guru MarkZ [via PDK] There seems to be a lot of concern over 800 numbers. Will there be numbers…will there be no numbers? ....will it be a secure website?...Guys no matter what it is – we will have access to it. If they go to a secure website for our safety…that’s good...if it’s still 800 numbers…fine. Don’t let it panic you. If it is going to be a secure website and they send it out via email…imo that’s fantastic...it will get to you even faster. None of us will know until it happens so please don’t panic about it. Either way you will be able to schedule your exchange at HSBC, WF, Chase or whatever bank you decide to use.
12-5-2019 Guest Intel Guru Angel1 ...we are in an incredible window. Why? Why are my people so excited? Because the banks of Iraq are in unity. Guess who's leading them? The CBI...unity brings power...purchasing power. And that's what's gonna happen. The accounting adjustment that was made was absolutely powerful...every bank is onboard...it is time...America and the US Treasury are ready. Pence went and delivered the rider for the budget.
12-5-2019 Newshound Guru Breitling ...are you ready? Meaning, when you go to exchange your currency that's a taxable event. You're gonna get hit and you haven't even bought anything yet. You go buy a home, you're gonna get taxed again. That's a taxable event. You go buy a nice car, that's a taxable event. You go buy some nice property after you buy your home...that's a taxable event...That's what I'm worried about. I'm not worried about it revaluing. I never was worried about it revaluing...we know exactly what's going on based on geopolitical strategy and the cause and effect of what goes on in-between. It's a fantastic opportunity you and I have but you better be prepared tax wise... [NOTE: Speak to your tax professionals at the appropriate time.]
12-5-2019 Newshound Guru Adam Montana We are currently looking at some interesting Budget possibilities, pressure on pushing HCL forward, and more. All good stuff!
12-5-2019 Intel Guru Frank26 ...They're [the CBI] is talking like crazy...they came out and told...Iraq citizens we are not going to give out any more loans for a month...when you do an accounting move like that it's suspicious...this is because IMO there is a new rate coming...the logic that we're following here is not emotional...
12-5-2019 Intel Guru MarkZ [via PDK] There seems to be a lot of concern over 800 numbers. Will there be numbers…will there be no numbers? ....will it be a secure website?...Guys no matter what it is – we will have access to it. If they go to a secure website for our safety…that’s good...if it’s still 800 numbers…fine. Don’t let it panic you. If it is going to be a secure website and they send it out via email…imo that’s fantastic...it will get to you even faster. None of us will know until it happens so please don’t panic about it. Either way you will be able to schedule your exchange at HSBC, WF, Chase or whatever bank you decide to use.
12-5-2019 Guest Intel Guru Angel1 ...we are in an incredible window. Why? Why are my people so excited? Because the banks of Iraq are in unity. Guess who's leading them? The CBI...unity brings power...purchasing power. And that's what's gonna happen. The accounting adjustment that was made was absolutely powerful...every bank is onboard...it is time...America and the US Treasury are ready. Pence went and delivered the rider for the budget.
12-5-2019 Newshound Guru Breitling ...are you ready? Meaning, when you go to exchange your currency that's a taxable event. You're gonna get hit and you haven't even bought anything yet. You go buy a home, you're gonna get taxed again. That's a taxable event. You go buy a nice car, that's a taxable event. You go buy some nice property after you buy your home...that's a taxable event...That's what I'm worried about. I'm not worried about it revaluing. I never was worried about it revaluing...we know exactly what's going on based on geopolitical strategy and the cause and effect of what goes on in-between. It's a fantastic opportunity you and I have but you better be prepared tax wise... [NOTE: Speak to your tax professionals at the appropriate time.]
12-5-2019 Newshound Guru Adam Montana We are currently looking at some interesting Budget possibilities, pressure on pushing HCL forward, and more. All good stuff!
12-4-2019 Intel Guru Bruce [via WiserNow] ...We are really at a crossroads tonight with the information that we have had over the last 3-4 days...there are things called “event triggers”... these are releases...things that have to happen...we are down to just a couple of event triggers to go...that’s it...The theory is that once...these event triggers are complete...which we think will complete tonight [Tuesday]...then we should be golden and we should be ready for our notifications...Our particular notification that you and I are looking for is a toll free number...I just have a feeling that we’re going to be moving through here and going ahead and setting our appointments up fairly soon...I would say guys we are really at the finish line – I believe we are there...I’m going to say that everything is looking very very good...
12-4-2019 Newshound Guru Jeff Document "The Exchange Rate of Foreign Currency in Economic Feasibility Studies 12/4/2019". Quote: "3. Estimate the amended exchange rate of the Iraqi dinar to be used in technical and economical feasibility studies and for (1.134) dollar per dinar. This price should be approved for 3 years until re-appreciation by the competent authorities."
12-4-2019 Intel Guru MarkZ [via PDK] ...My Iraqi contacts are still expecting to see it happen at any moment…they feel that today started a window to see this all go. We heard a number of NDA’s signed again last weekend...the contacts I know at redemption centers are manned and ready...they are there…We are waiting for somebody to say “go”... I really think we will see this before Christmas...
12-4-2019 Newshound/Intel Guru Mnt Goat 2) Ending the corruption and curving the Iranian influence out of Iraqi politics. Since just about every high ranking govt official is involved in one way or another in corruption...They must do something and do it now with the pressures from the protestors. First get something to the protestors that is concrete and they can see the difference. ...You all should be VERY, VERY HAPPY at these current events and how this can lead to us finally getting our pot of gold at the end of the rainbow. Remember I said “there is always that pot of gold at the end of the rainbow only you can’t yet see the rainbow until the storm ends”. What did the Iraq news say to use recently? It said the “storm has ended” and so we are now just waiting for the rainbow to appear... [post 2 of 2]
12-4-2019 Newshound/Intel Guru Mnt Goat ...the news from Iraq is all about two things: 1) News from the CBI telling its member banks to stop all financing and loan contracts from Dec 1, 2019 to Jan 1, 2020...this is part of the revenue stream for banks so this is not an easy task to ask them to do for a month, unless it was important. So what does this mean? ...the CBI has wanted to complete the “project to delete the zeros” and then reinstate the Iraqi dinar and that the best timeframe is do this at the beginning of each fiscal accounting year. JANUARY is the beginning of their fiscal year...All attempts so far have been made during this period. So...once again we have a target of now up to early January 2020 to expect this project to delete the zeros to move ahead again and get a rate change in Iraq... [post 1 of 2....stay tuned]
12-4-2019 Newshound Guru Breitling If you look at it in chronological order of what we've been watching, it's such a beautiful thing! You should be very very happy. It's a reality. It's a huge huge pressure cooker for Iraq right now. So watch the conversations about the budgets. Watch what they're talking about...when is the exact date of when it's gonna happen? It doesn't matter...they can't depend on that $56 per barrel budget and whatever value they're gonna add to the currency. In other words they're gonna be forced to do it if they take too long...that's not my opinion. That's the language they're throwing out there...I couldn't be more excited...It's a great position to be in. It's fun to watch.
12-4-2019 Newshound Guru chattels I am in agreement with Kaperoni about the timing of any increase in the value of the IQD. [Reference Guru Kaperoni's post 12-3-2019] Completion of the banking reform project in Iraq is highly unlikely given the lack of security and instability of Iraq. I am always most hopeful in the first quarter of the year, but...The Iraqi political regime is "on life support", IMO. Assaults from without and corruption from within.
12-4-2019 Newshound Guru Jeff Document "The Exchange Rate of Foreign Currency in Economic Feasibility Studies 12/4/2019". Quote: "3. Estimate the amended exchange rate of the Iraqi dinar to be used in technical and economical feasibility studies and for (1.134) dollar per dinar. This price should be approved for 3 years until re-appreciation by the competent authorities."
12-4-2019 Intel Guru MarkZ [via PDK] ...My Iraqi contacts are still expecting to see it happen at any moment…they feel that today started a window to see this all go. We heard a number of NDA’s signed again last weekend...the contacts I know at redemption centers are manned and ready...they are there…We are waiting for somebody to say “go”... I really think we will see this before Christmas...
12-4-2019 Newshound/Intel Guru Mnt Goat 2) Ending the corruption and curving the Iranian influence out of Iraqi politics. Since just about every high ranking govt official is involved in one way or another in corruption...They must do something and do it now with the pressures from the protestors. First get something to the protestors that is concrete and they can see the difference. ...You all should be VERY, VERY HAPPY at these current events and how this can lead to us finally getting our pot of gold at the end of the rainbow. Remember I said “there is always that pot of gold at the end of the rainbow only you can’t yet see the rainbow until the storm ends”. What did the Iraq news say to use recently? It said the “storm has ended” and so we are now just waiting for the rainbow to appear... [post 2 of 2]
12-4-2019 Newshound/Intel Guru Mnt Goat ...the news from Iraq is all about two things: 1) News from the CBI telling its member banks to stop all financing and loan contracts from Dec 1, 2019 to Jan 1, 2020...this is part of the revenue stream for banks so this is not an easy task to ask them to do for a month, unless it was important. So what does this mean? ...the CBI has wanted to complete the “project to delete the zeros” and then reinstate the Iraqi dinar and that the best timeframe is do this at the beginning of each fiscal accounting year. JANUARY is the beginning of their fiscal year...All attempts so far have been made during this period. So...once again we have a target of now up to early January 2020 to expect this project to delete the zeros to move ahead again and get a rate change in Iraq... [post 1 of 2....stay tuned]
12-4-2019 Newshound Guru Breitling If you look at it in chronological order of what we've been watching, it's such a beautiful thing! You should be very very happy. It's a reality. It's a huge huge pressure cooker for Iraq right now. So watch the conversations about the budgets. Watch what they're talking about...when is the exact date of when it's gonna happen? It doesn't matter...they can't depend on that $56 per barrel budget and whatever value they're gonna add to the currency. In other words they're gonna be forced to do it if they take too long...that's not my opinion. That's the language they're throwing out there...I couldn't be more excited...It's a great position to be in. It's fun to watch.
12-4-2019 Newshound Guru chattels I am in agreement with Kaperoni about the timing of any increase in the value of the IQD. [Reference Guru Kaperoni's post 12-3-2019] Completion of the banking reform project in Iraq is highly unlikely given the lack of security and instability of Iraq. I am always most hopeful in the first quarter of the year, but...The Iraqi political regime is "on life support", IMO. Assaults from without and corruption from within.
12-3-2019 Intel Guru MarkZ [Is there a possibility that they can stop the process now...hackers?] I understand with the QFS- No…maybe short delays…but no stopping it.
12-3-2019 Newshound Guru Breitling ...If you look at it in chronological order of what we've been watching, it's such a beautiful thing! You should be very very happy. It's a reality. It's a huge huge pressure cooker for Iraq right now. So watch the conversations about the budgets. Watch what they're talking about...when is the exact date of when it's gonna happen? It doesn't matter...they can't depend on that $56 per barrel budget and whatever value they're gonna add to the currency. In other words they're gonna be forced to do it if they take too long...that's not my opinion. That's the language they're throwing out there...I couldn't be more excited...It's a great position to be in. It's fun to watch.
12-3-2019 Newshound Guru Jeff Article: "Next Year's budget...sent to the House of Representatives within days and its deficit up to 40 trillion dinar" ...budgets will never contain a rate. The budgets are calculated against the value of a currency but they don't contain a rate. With Iraq their budgets are always calculated with trillions of dinars at today's value. Once the rate changes the budget has an internal rider built in and the budget will automatically convert and be calculated from trillions of dinar to billions of dinar. Again, they do not contain a rate...
12-3-2019 Intel Guru Frank26 ...the CBI says no more loans for 1 month. From December 2nd to January 2nd...IMO no more loans because the rate of the Iraqi Dinar will soon change...IMO it also is an accounting move...what they don't want is anything else on their books before the end of the year...
12-3-2019 Intel Guru MarkZ A lot of my sources are expecting a daytime event today – they believe it will appear before Wed. morning Iraq time…some other sources had expected it overnight last night. We have lots of different sources, banking side, treasury side, military side, foreign government side...and they all have different approaches when it comes to trying to track this thing. Remember no one knows the exact time until it pops. All we can do is guess based on news we are hearing and seeing.
12-3-2019 Intel Guru Frank26 ...Ten articles from the CBI came out today. I told you they were going to talk. They were like parrots on steroids...the GOI is exploding in a manner that the citizens want and that would bring in the environment suitable for what the CBI is about to do...
12-3-2019 Newshound Guru Kaperoni So the protestors wanted PM Mahdi to resign...which he did, but the result will cause delays in reforms. New formation of GOI will take at least a few months, delays in passing laws also. The end result is a 6 month to 1 year delay in my opinion of implimenting economic reforms and creating a private sector. And as usual, parliament loves to have a distraction rather than focus on what they should be doing...which is passing laws...the facts don't lie. Until the laws are passed and stability exists nobody is coming to invest. And until they have significant investment, the CBI will not begin currency reform.
12-3-2019 Newshound Guru Breitling ...If you look at it in chronological order of what we've been watching, it's such a beautiful thing! You should be very very happy. It's a reality. It's a huge huge pressure cooker for Iraq right now. So watch the conversations about the budgets. Watch what they're talking about...when is the exact date of when it's gonna happen? It doesn't matter...they can't depend on that $56 per barrel budget and whatever value they're gonna add to the currency. In other words they're gonna be forced to do it if they take too long...that's not my opinion. That's the language they're throwing out there...I couldn't be more excited...It's a great position to be in. It's fun to watch.
12-3-2019 Newshound Guru Jeff Article: "Next Year's budget...sent to the House of Representatives within days and its deficit up to 40 trillion dinar" ...budgets will never contain a rate. The budgets are calculated against the value of a currency but they don't contain a rate. With Iraq their budgets are always calculated with trillions of dinars at today's value. Once the rate changes the budget has an internal rider built in and the budget will automatically convert and be calculated from trillions of dinar to billions of dinar. Again, they do not contain a rate...
12-3-2019 Intel Guru Frank26 ...the CBI says no more loans for 1 month. From December 2nd to January 2nd...IMO no more loans because the rate of the Iraqi Dinar will soon change...IMO it also is an accounting move...what they don't want is anything else on their books before the end of the year...
12-3-2019 Intel Guru MarkZ A lot of my sources are expecting a daytime event today – they believe it will appear before Wed. morning Iraq time…some other sources had expected it overnight last night. We have lots of different sources, banking side, treasury side, military side, foreign government side...and they all have different approaches when it comes to trying to track this thing. Remember no one knows the exact time until it pops. All we can do is guess based on news we are hearing and seeing.
12-3-2019 Intel Guru Frank26 ...Ten articles from the CBI came out today. I told you they were going to talk. They were like parrots on steroids...the GOI is exploding in a manner that the citizens want and that would bring in the environment suitable for what the CBI is about to do...
12-3-2019 Newshound Guru Kaperoni So the protestors wanted PM Mahdi to resign...which he did, but the result will cause delays in reforms. New formation of GOI will take at least a few months, delays in passing laws also. The end result is a 6 month to 1 year delay in my opinion of implimenting economic reforms and creating a private sector. And as usual, parliament loves to have a distraction rather than focus on what they should be doing...which is passing laws...the facts don't lie. Until the laws are passed and stability exists nobody is coming to invest. And until they have significant investment, the CBI will not begin currency reform.
12-2-2019 Intel Guru MarkZ [My understanding is the UN Security Council rotates the President and USA is up as of Wednesday. UN was the first to put sanctions on Iraq and is the only one left to release sanctions. I expect USA being President now is to release those final sanctions.] Study the history of fiat currencies...This is the longest stretch in recorded history that a fiat currency has gone without imploding. It will implode...we will go back to a gold/asset standard and we will have a revaluation.
12-2-2019 Newshound Guru MilitiaMan Article: "Al-Hadithi: The cabinet will send the budget law to parliament in the coming days" In essence imo this will expose the 2018-2019 (rider) that may have been or was used to keep the 2020 Budget under wraps to date... And this is all to happen within the coming days... So they say they need to do it quickly, as there is an existence of financial commitments that can not be stopped, thus, they merely suspended the financial commitments (loans/contracts) for the month ending 01/02/2020, as noted in the article... [Guru] Delta posted. - ..imo.. ~ If that is the case then, shut the front door Alice! lol ~imo~
12-2-2019 Intel Guru Frank26 Now your banks are telling you [Iraqi citizens] what the CBI has been telling the upper echelon of banks in Iraq what the CBI wants to do. Add value to the currency. Give you purchasing power. Show you all this modern technology. Introduce you to the new ATM machines they have inside the banks. Show you the new small category notes. Start educating you about the fils which are coming.
12-2-2019 Intel/Newshound Guru sandyf CBI and so many others have all but said the Dinar is going up in value, The "Dinar" is the monetary unit of Iraq, as opposed to the currency. A redenomination would increase the value of the "Dinar" and reduce the amount in circulation. I have referred in the past to 2 entities that I had dealings with that were outside the realm of dinarland. In the middle of last year both were shut down by the authorities. One was revealed to be a scam and legal proceedings were initiated. The other however was given a clean bill of health and came back to life. They are now making encouraging noises about something happening later in the month with the outcome being visible in the new year. People really should consider the possibility of 2 separate events rather than getting hung up on Iraq. The deletion of zeros is purely an Iraqi issue and could be a long time away.
12-2-2019 Intel Guru MarkZ [via PDK] I still absolutely believe we will see this well before Christmas. What I am hearing from my bankers is they worked part of the day on Saturday and were on call all weekend. What I have been told from a number of sources is that there is a computer system that controls the release…it knows when they will release it...it will be a random release...no human being knows this time. I believe we could be days or even minutes away from seeing this release. Iraq closed down all loans and currency sales...this should tell you a whole lot. My contacts in Iraq think the release is on Wed. It’s always been a “when” not an “if”. The best thing we can do today is make sure we are ready...have all our ducks in a row.
12-2-2019 Newshound/Intel Guru RVAlready Mahdi is gone now. The CBI should be able to do the RV. Then the new election law can be enacted, and the government replaced… I think this will happen quickly, for the protests demand it.
12-2-2019 Newshound Guru Jeff some of you might be concerned about the transitioning of the government...years ago the central bank laid out two things they needed to see...The security that was finished. The war. That was done in December of 2017. Second step was get rid of corruption officials. That already happened... IMO...they're ready to go on changing the rate. But they still need to achieve stability...they have to set the stage going forward for transparency and accountability. That's where the 2020 budget comes in...in my personal opinion the last step that I personally feel we're waiting on is just the 2020 budget...Even after Mahdi resigns they'll still have a caretaker government and the parliament will stay in place...
12-2-2019 Newshound Guru MilitiaMan Article: "Al-Hadithi: The cabinet will send the budget law to parliament in the coming days" In essence imo this will expose the 2018-2019 (rider) that may have been or was used to keep the 2020 Budget under wraps to date... And this is all to happen within the coming days... So they say they need to do it quickly, as there is an existence of financial commitments that can not be stopped, thus, they merely suspended the financial commitments (loans/contracts) for the month ending 01/02/2020, as noted in the article... [Guru] Delta posted. - ..imo.. ~ If that is the case then, shut the front door Alice! lol ~imo~
12-2-2019 Intel Guru Frank26 Now your banks are telling you [Iraqi citizens] what the CBI has been telling the upper echelon of banks in Iraq what the CBI wants to do. Add value to the currency. Give you purchasing power. Show you all this modern technology. Introduce you to the new ATM machines they have inside the banks. Show you the new small category notes. Start educating you about the fils which are coming.
12-2-2019 Intel/Newshound Guru sandyf CBI and so many others have all but said the Dinar is going up in value, The "Dinar" is the monetary unit of Iraq, as opposed to the currency. A redenomination would increase the value of the "Dinar" and reduce the amount in circulation. I have referred in the past to 2 entities that I had dealings with that were outside the realm of dinarland. In the middle of last year both were shut down by the authorities. One was revealed to be a scam and legal proceedings were initiated. The other however was given a clean bill of health and came back to life. They are now making encouraging noises about something happening later in the month with the outcome being visible in the new year. People really should consider the possibility of 2 separate events rather than getting hung up on Iraq. The deletion of zeros is purely an Iraqi issue and could be a long time away.
12-2-2019 Intel Guru MarkZ [via PDK] I still absolutely believe we will see this well before Christmas. What I am hearing from my bankers is they worked part of the day on Saturday and were on call all weekend. What I have been told from a number of sources is that there is a computer system that controls the release…it knows when they will release it...it will be a random release...no human being knows this time. I believe we could be days or even minutes away from seeing this release. Iraq closed down all loans and currency sales...this should tell you a whole lot. My contacts in Iraq think the release is on Wed. It’s always been a “when” not an “if”. The best thing we can do today is make sure we are ready...have all our ducks in a row.
12-2-2019 Newshound/Intel Guru RVAlready Mahdi is gone now. The CBI should be able to do the RV. Then the new election law can be enacted, and the government replaced… I think this will happen quickly, for the protests demand it.
12-2-2019 Newshound Guru Jeff some of you might be concerned about the transitioning of the government...years ago the central bank laid out two things they needed to see...The security that was finished. The war. That was done in December of 2017. Second step was get rid of corruption officials. That already happened... IMO...they're ready to go on changing the rate. But they still need to achieve stability...they have to set the stage going forward for transparency and accountability. That's where the 2020 budget comes in...in my personal opinion the last step that I personally feel we're waiting on is just the 2020 budget...Even after Mahdi resigns they'll still have a caretaker government and the parliament will stay in place...
12-1-2019 Newshound Guru MilitiaMan Quote: "The Iraqi Commercial Bank would like to draw the attention of its valued customers to the fact that the receipt of all credit transactions for loans will be suspended from 12/01/2019 until 01/02/2020" They did mention awhile ago about the need to modify contracts.. Wala... They are now telling us a window of that to occur... A rate change is coming... Modified contracts are in suspension while the rate gets taken care of. Wow! - IMO.
12-1-2019 Intel Guru Frank26 (firefly report) THERE IS A MASSIVE EXODUS OCCURRING AT THESE VERY SECONDS IN IRAQ !!!...Iran agents are fleeing...Thousands of citizens are in the streets celebrating...
12-1-2019 Intel Guru Frank26 …I even said…I think it was Tuesday, it’s a domino effect. What is going on with the monetary reform right now, the exchange rate, is effecting -boom- one thing - boom - that affects another thing, it affects another thing and that affects another thing. You can call it the domino effect….this is great! What happened today. Just as soon as he [Mahdi] said I hand in my resignation it was like oh boy!
12-1-2019 Newshound Guru Vital Brad …all the gurus, all of them right now they’re all saying it’s “done”. I’ve been in this so so long that it almost seems like every Thanksgiving it’s done so I always take it with a grain of salt but there’s so much happening right now. In the 10 years I’ve been in this it’s never been this active around Iraq and around the Middle East…the gurus and those guys they’re saying it could happen anytime…
12-1-2019 Newshound/Intel Guru Mnt Goat Some say the CBI is still moving ahead with the “project to delete the zeros”. I agree but right now at a snail’s pace. ...I am told by my CBI contact that nothing is going to happen until at least the new 2020 budget is opened. It contains the HCL money something the citizens are demanding...
12-1-2019 Intel Guru Frank26 (firefly report) THERE IS A MASSIVE EXODUS OCCURRING AT THESE VERY SECONDS IN IRAQ !!!...Iran agents are fleeing...Thousands of citizens are in the streets celebrating...
12-1-2019 Intel Guru Frank26 …I even said…I think it was Tuesday, it’s a domino effect. What is going on with the monetary reform right now, the exchange rate, is effecting -boom- one thing - boom - that affects another thing, it affects another thing and that affects another thing. You can call it the domino effect….this is great! What happened today. Just as soon as he [Mahdi] said I hand in my resignation it was like oh boy!
12-1-2019 Newshound Guru Vital Brad …all the gurus, all of them right now they’re all saying it’s “done”. I’ve been in this so so long that it almost seems like every Thanksgiving it’s done so I always take it with a grain of salt but there’s so much happening right now. In the 10 years I’ve been in this it’s never been this active around Iraq and around the Middle East…the gurus and those guys they’re saying it could happen anytime…
12-1-2019 Newshound/Intel Guru Mnt Goat Some say the CBI is still moving ahead with the “project to delete the zeros”. I agree but right now at a snail’s pace. ...I am told by my CBI contact that nothing is going to happen until at least the new 2020 budget is opened. It contains the HCL money something the citizens are demanding...
11-30-2019 Newshound Guru Kaperoni Unfortunately, removing corruption and Iranian influenced government officials is a good thing, it's also slowed down reforms and economic progress.
11-30-2019 Intel Guru Frank26 …the citizens of Iraq when they found out this morning what was going on [Mahdi resigning] they flooded the streets…but this time it was everybody, men, women, children, dogs, cats, birds and camels. Everybody… they were recognizing the United States of America…the people are going crazy because they now have everything they dreamed of…this is a Ta-da moment for me and my teams. I mean we’re looking at 7 events that we have been talking about with our files study giving our opinions on it that today on this day the 29th it all came to fruition.
11-30-2019 Newshound Guru chattels Article: "Continued stability of dollar prices on the stock exchange struggle and domestic markets" ...So, it appears that there may be more than two other separate indices for the exchange rate in Iraq. Bank and Stock Exchange in addition to the auction. Some part of which may not be in compliance with the IMF guidelines. [Note: You can always see the latest official CBI reported market rate on the left side of this page.]
11-30-2019 Intel Guru Frank26 …In my opinion the CBI will be coming out and talking probably tomorrow. Because IMO they’re [CBI and the new Finance Committee] talking right now tonight.
11-30-2019 Newshound Guru Jeff …they will never give you enough information in the media for you to actually calculate a rate...they’re actually gonna mislead you and discourage you…
11-30-2019 Intel Guru Frank26 …the citizens of Iraq when they found out this morning what was going on [Mahdi resigning] they flooded the streets…but this time it was everybody, men, women, children, dogs, cats, birds and camels. Everybody… they were recognizing the United States of America…the people are going crazy because they now have everything they dreamed of…this is a Ta-da moment for me and my teams. I mean we’re looking at 7 events that we have been talking about with our files study giving our opinions on it that today on this day the 29th it all came to fruition.
11-30-2019 Newshound Guru chattels Article: "Continued stability of dollar prices on the stock exchange struggle and domestic markets" ...So, it appears that there may be more than two other separate indices for the exchange rate in Iraq. Bank and Stock Exchange in addition to the auction. Some part of which may not be in compliance with the IMF guidelines. [Note: You can always see the latest official CBI reported market rate on the left side of this page.]
11-30-2019 Intel Guru Frank26 …In my opinion the CBI will be coming out and talking probably tomorrow. Because IMO they’re [CBI and the new Finance Committee] talking right now tonight.
11-30-2019 Newshound Guru Jeff …they will never give you enough information in the media for you to actually calculate a rate...they’re actually gonna mislead you and discourage you…
11-29-2019 *** Dinar Guru Breaking News *** Multiple news outlets (including CNN) are reporting Prime Minister Mahdi announced his intention to resign his position. It's unclear when he will officially step down or who will replace him. Stay tuned as more light is shed on the subject and the guru chime in on his resignation on the dinar RV/rate change. The latest Guru Posts will continue below...
11-29-2019 Intel Guru MarkZ [via PDK] [MAHDI HAS RESIGNED...it's been released on the news channels that Mahdi has agreed to step down...] This is positive and big news… I was told to look for him to resign just before the reset.
11-29-2019 Guest Guru Mike Cottrell [via PDK] I think we are pretty close….There is an actual date that’s been set based on activities in the last 2 weeks. And it makes sense they are getting ready for that.
11-29-2019 Newshound Guru Jeff Mahdi resigning…I’m not too concerned about that. I’m of the opinion that that won’t have any bearing on the timing of the rate change…
11-29-2019 Newshound Guru Kirk H. Sowell What strikes me about this is that AAM is very specific that he will submit his resignation due to Sistani saying "parliament should review its options" on the government. AAM submitting his resignation simply signals his acceptance of this demand by religious authority...So I see 3 options, from most to least likely: 1) AAM submits his resignation to parl't tomorrow or Sunday, whenever it next meets, and parl't puts it on hold until the political class can decide what it wants to do, & vote no confidence in a few weeks or months. 2) Parliament votes no confidence immediately. If so, then President Salih has 30 days to pick a new prime minister-designate and AAM stays on as caretaker PM for that month. 3) Parliament accepts AAM's resignation, the PM's office becomes vacant, and President Salih becomes PM according to the constitution. I see almost no chance of this. It will be option 1) or 2). Again I stress that journalists should avoid saying something like, "Iraq's PM has resigned." ...Abd al-Mahdi can submit his resignation tomorrow & still be in office on New Year's & beyond.
11-29-2019 Newshound Guru Bloodloch Prime Minister Mahdi Resigns...Other related resignations happening and the Iraqi people are celebrating in the streets per various articles...
11-29-2019 Newshound Guru Adam Montana ...Want something else to smile about? How about this...HCL incoming! "Parliamentary source: Baghdad and the region sign next Sunday an agreement on the 2020 budget" ...the writing is on the wall!
11-29-2019 Intel Guru MarkZ [via PDK] ...sources are receiving all kinds of notices overnight and are ramped up and in position...So we are hearing great things on this side for the possibility of a today release. I talked to a couple of Redemption Center folks today and they are prepared for a long weekend…so we should know something today I would guess...rumors of 800 numbers today... [MARK, do any of your "Direct Contacts" have any SAY or Authority in the Release?] ...Actually 2 of them…one has direct effect and one does have power of ‘say”... I have heard there is a set date…i just do not know what that date is. I have heard this is a juggernaut and cannot be stopped now.
11-29-2019 Newshound Guru Jeff …notice how Pence was just in Iraq and I’ve been telling you this whole time that the Trump administration is in charge of this…that’s just more confirmation that he’s gonna use this to his time benefit for the elections.
11-29-2019 Newshound/Intel Guru Mnt Goat Here is how it is going to work: 1) The CBI must raise the rate of the dinar in-country to around $1.00 probably more like around 83 cents. 2) Then just before or around the same time the smaller of the smaller category notes must be launched and dispensed. We know these notes are now poised and ready to be dispensed at the banks. 3)The currency auctions will change. They many never end altogether but will no longer be mandated for providing US dollars for trade with the outside world. Instead the dinar itself will be used. 4) Shortly afterwards the dinar will then be “reinstated” on the global currency markets and traded. But first a short waiting period to check for inflation with the new currency and rate. I am told this may take up to 3 days, 3 weeks or 3 months. I do not believe it will take 3 months. But first the US and Sadr must work their magic to get the political will and consensus to do this move of the currency reform.
11-29-2019 Guest Guru Mike Cottrell [via PDK] I think we are pretty close….There is an actual date that’s been set based on activities in the last 2 weeks. And it makes sense they are getting ready for that.
11-29-2019 Newshound Guru Jeff Mahdi resigning…I’m not too concerned about that. I’m of the opinion that that won’t have any bearing on the timing of the rate change…
11-29-2019 Newshound Guru Kirk H. Sowell What strikes me about this is that AAM is very specific that he will submit his resignation due to Sistani saying "parliament should review its options" on the government. AAM submitting his resignation simply signals his acceptance of this demand by religious authority...So I see 3 options, from most to least likely: 1) AAM submits his resignation to parl't tomorrow or Sunday, whenever it next meets, and parl't puts it on hold until the political class can decide what it wants to do, & vote no confidence in a few weeks or months. 2) Parliament votes no confidence immediately. If so, then President Salih has 30 days to pick a new prime minister-designate and AAM stays on as caretaker PM for that month. 3) Parliament accepts AAM's resignation, the PM's office becomes vacant, and President Salih becomes PM according to the constitution. I see almost no chance of this. It will be option 1) or 2). Again I stress that journalists should avoid saying something like, "Iraq's PM has resigned." ...Abd al-Mahdi can submit his resignation tomorrow & still be in office on New Year's & beyond.
11-29-2019 Newshound Guru Bloodloch Prime Minister Mahdi Resigns...Other related resignations happening and the Iraqi people are celebrating in the streets per various articles...
11-29-2019 Newshound Guru Adam Montana ...Want something else to smile about? How about this...HCL incoming! "Parliamentary source: Baghdad and the region sign next Sunday an agreement on the 2020 budget" ...the writing is on the wall!
11-29-2019 Intel Guru MarkZ [via PDK] ...sources are receiving all kinds of notices overnight and are ramped up and in position...So we are hearing great things on this side for the possibility of a today release. I talked to a couple of Redemption Center folks today and they are prepared for a long weekend…so we should know something today I would guess...rumors of 800 numbers today... [MARK, do any of your "Direct Contacts" have any SAY or Authority in the Release?] ...Actually 2 of them…one has direct effect and one does have power of ‘say”... I have heard there is a set date…i just do not know what that date is. I have heard this is a juggernaut and cannot be stopped now.
11-29-2019 Newshound Guru Jeff …notice how Pence was just in Iraq and I’ve been telling you this whole time that the Trump administration is in charge of this…that’s just more confirmation that he’s gonna use this to his time benefit for the elections.
11-29-2019 Newshound/Intel Guru Mnt Goat Here is how it is going to work: 1) The CBI must raise the rate of the dinar in-country to around $1.00 probably more like around 83 cents. 2) Then just before or around the same time the smaller of the smaller category notes must be launched and dispensed. We know these notes are now poised and ready to be dispensed at the banks. 3)The currency auctions will change. They many never end altogether but will no longer be mandated for providing US dollars for trade with the outside world. Instead the dinar itself will be used. 4) Shortly afterwards the dinar will then be “reinstated” on the global currency markets and traded. But first a short waiting period to check for inflation with the new currency and rate. I am told this may take up to 3 days, 3 weeks or 3 months. I do not believe it will take 3 months. But first the US and Sadr must work their magic to get the political will and consensus to do this move of the currency reform.
11-28-2019 Intel Guru Frank26 & Guest Guru Angel1 …pay attention to the Erbil Stock Exchange. We believe IMO they will make an announcement pretty soon that they will go live internationally very soon…the CEO of the ISX came out this morning…he released a disclaimer. He said the Iraqi Stock Exchange has no relationship with any Iraqi or foreign website that publishes news, listen to this, or PICTURES related to investment or trading currencies or stocks in the International financial markets. Taha Abdul Salam is furious because there are organizations that are trying to steal his thunder…he was pretty pissed off when he found out that there were picture going around leaking what he was supposed to say…
11-28-2019 Newshound Guru Jeff …per the facts everything they’re showing you is pointing to Q1…everything they’re showing you most likely means they have to have this budget ready to implement in Q2. Again that’s implementation of the budget…I didn’t say rate change. The rate change has to happen before that and that’s where Q1 comes in…
11-28-2019 Newshound Guru Adam Montana It doesn't have to be complicated! And that right there covers pretty much everything...There was also a comment recently by one of the gurus about the new notes being introduced after the rate is changed...I happen to agree with this one. There is no reason to introduce new notes without a rate change. Introducing them before a rate change wouldn't make sense. And the fact that there are new notes for us to talk about is a huge indication that there is a rate change in progress or planned. [post 3 of 3]
11-28-2019 Newshound Guru Adam Montana When they change the rate, there are a few ways they can do it. In any of these cases, a one paragraph amendment to the budget will keep things correct. For example, the exchange rate is currently 1190:1 (IQD:USD). If they move the exchange rate closer to $1, they might move the decimal 3 places to the left making 1.19 IQD = $1 USD. Adjusting the budget is mind blowingly simple - a one paragraph amendment reads as follows: Due to the sudden difference in exchange value as implemented by the Central Bank of Iraq on (December 4, 2019), all values in the Budget shall be adjusted 3 zeros to the left. In other words, an allocation of 1,000,000 Iraqi Dinar is now adjusted to 1,000 Iraqi Dinar. [post 2 of 3....stay tuned]
11-28-2019 Newshound Guru Adam Montana The "hot topics" on the subject seem to be budget, budget, and also...Budget. Included in the Budget is always some kind of reference to the rate of the Iraqi Dinar, and every year we have a variety of interpretations on how the Budget will work with a change in the value of the Dinar. To keep things extremely simple, we can just summarize - the "new rate" does not need to be in the Budget. The Budget doesn't have to take a rate change into account. The rate mentioned in the Budget doesn't mean a thing! The reason is very simple... [post 1 of 3...stay tuned]
11-28-2019 Newshound Guru chattels Articles: "Parliamentary finance likely to pass the 2020 budget if the final agreement between the governments of Baghdad and the region"; "Parliamentary source: Baghdad and the region sign next Sunday an agreement on the 2020 budget" Historically Kurds are always more hopeful about a budget agreement than Baghdad and or reality. We shall see.
11-28-2019 Newshound Guru Jeff …per the facts everything they’re showing you is pointing to Q1…everything they’re showing you most likely means they have to have this budget ready to implement in Q2. Again that’s implementation of the budget…I didn’t say rate change. The rate change has to happen before that and that’s where Q1 comes in…
11-28-2019 Newshound Guru Adam Montana It doesn't have to be complicated! And that right there covers pretty much everything...There was also a comment recently by one of the gurus about the new notes being introduced after the rate is changed...I happen to agree with this one. There is no reason to introduce new notes without a rate change. Introducing them before a rate change wouldn't make sense. And the fact that there are new notes for us to talk about is a huge indication that there is a rate change in progress or planned. [post 3 of 3]
11-28-2019 Newshound Guru Adam Montana When they change the rate, there are a few ways they can do it. In any of these cases, a one paragraph amendment to the budget will keep things correct. For example, the exchange rate is currently 1190:1 (IQD:USD). If they move the exchange rate closer to $1, they might move the decimal 3 places to the left making 1.19 IQD = $1 USD. Adjusting the budget is mind blowingly simple - a one paragraph amendment reads as follows: Due to the sudden difference in exchange value as implemented by the Central Bank of Iraq on (December 4, 2019), all values in the Budget shall be adjusted 3 zeros to the left. In other words, an allocation of 1,000,000 Iraqi Dinar is now adjusted to 1,000 Iraqi Dinar. [post 2 of 3....stay tuned]
11-28-2019 Newshound Guru Adam Montana The "hot topics" on the subject seem to be budget, budget, and also...Budget. Included in the Budget is always some kind of reference to the rate of the Iraqi Dinar, and every year we have a variety of interpretations on how the Budget will work with a change in the value of the Dinar. To keep things extremely simple, we can just summarize - the "new rate" does not need to be in the Budget. The Budget doesn't have to take a rate change into account. The rate mentioned in the Budget doesn't mean a thing! The reason is very simple... [post 1 of 3...stay tuned]
11-28-2019 Newshound Guru chattels Articles: "Parliamentary finance likely to pass the 2020 budget if the final agreement between the governments of Baghdad and the region"; "Parliamentary source: Baghdad and the region sign next Sunday an agreement on the 2020 budget" Historically Kurds are always more hopeful about a budget agreement than Baghdad and or reality. We shall see.
11-27-2019 Newshound/Intel Guru Mnt Goat It’s 2019 and the dinar is still NOT freely traded by banks outside IRAQ...and still no RV. Is it time for this to happen. ...I feel these demonstrations may be the key to forcing this change finally to happen. It is not a matter of having the value to support $1.00 or even $3.00. It is instead a matter of ending the corruption and getting the political will to just do it.
11-27-2019 Intel Guru Bruce [via WiserNow] I’m hearing this could be an excellent/happy Thanksgiving for us ...we are in a window right now...What I’ve got is from 9 PM tonight (Tues night) ...all the way to Friday morning 9 AM...Now that means we could be notified anytime within that window and get started...we heard it from several sources that were unrelated – at least 3 or 4 sources that were getting that information...Now, we have information from Redemption Centers that says that they are ready for long days 22 hour days, starting Friday, Saturday and maybe a little less like 18 on Sunday – Is it possible that we receive a toll free number on Thanksgiving day and set appointments for the next day, Friday, which is Black Friday – I think it’s not only possible but maybe probable...I think we are still very strong for the next few days – very strong.
11-27-2019 Intel Guru MarkZ I am hearing...that there is a hard time to release it now...I am hearing today from my Redemption center contacts that they are not working tomorrow but expect to work long hours over the weekend. So my gut feeling...they may release the 800 numbers tomorrow for banking on Friday. So based on all of this from many sources I do not expect any thing to happen today. [Do you believe in this story of a hard set time after all the delays and excuses?] Yes I do believe this one...if anything happens…even if it’s on Thanksgiving I will...let you know...
11-27-2019 Newshound Guru Jeff …they have to approve the budget first. Then they can do the rate change. Then they can implement the demonstrators demands. It’s that simple. That’s where you guys stand. That’s what all the facts are currently telling us…all of my thoughts and opinions have been confirmed 100% factually within the news. We look amazing. Yes more time is needed. And yes we do have to wait this out till that budget’s approved so this thing is definitely going into Q1 at this point…
11-27-2019 Intel Guru Frank26 ...The plan is not to go into 2020…the 2020 budget IMO was stress tested in many scenarios under multiple rates…so what did the CBI and the fab 4 decide on as the 2020 rate? It’s unknown to me. But the important thing I’m trying to teach you is that IMO there have been 5 test budgets and they were run successfully to make the 2020 budget successful for the citizens demands…
11-27-2019 Newshound/Intel Guru Mnt Goat We now approach January again. Is Iraq going to be ready? We know that the demonstrators want the HCL payments promised them. Remember this was delayed from September 2018 until January 2019 and then the RV did not happen and so no HCL payments happened...Some say the CBI is still moving ahead with the “project to delete the zeros”. I agree but right now at a snail’s pace. They are waiting for the demonstrators to settle down. Even then I am told by my CBI contact that nothing is going to happen until at least the new 2020 budget is opened. It contains the HCL money something the citizens are demanding...
11-27-2019 Intel Guru Bruce [via WiserNow] I’m hearing this could be an excellent/happy Thanksgiving for us ...we are in a window right now...What I’ve got is from 9 PM tonight (Tues night) ...all the way to Friday morning 9 AM...Now that means we could be notified anytime within that window and get started...we heard it from several sources that were unrelated – at least 3 or 4 sources that were getting that information...Now, we have information from Redemption Centers that says that they are ready for long days 22 hour days, starting Friday, Saturday and maybe a little less like 18 on Sunday – Is it possible that we receive a toll free number on Thanksgiving day and set appointments for the next day, Friday, which is Black Friday – I think it’s not only possible but maybe probable...I think we are still very strong for the next few days – very strong.
11-27-2019 Intel Guru MarkZ I am hearing...that there is a hard time to release it now...I am hearing today from my Redemption center contacts that they are not working tomorrow but expect to work long hours over the weekend. So my gut feeling...they may release the 800 numbers tomorrow for banking on Friday. So based on all of this from many sources I do not expect any thing to happen today. [Do you believe in this story of a hard set time after all the delays and excuses?] Yes I do believe this one...if anything happens…even if it’s on Thanksgiving I will...let you know...
11-27-2019 Newshound Guru Jeff …they have to approve the budget first. Then they can do the rate change. Then they can implement the demonstrators demands. It’s that simple. That’s where you guys stand. That’s what all the facts are currently telling us…all of my thoughts and opinions have been confirmed 100% factually within the news. We look amazing. Yes more time is needed. And yes we do have to wait this out till that budget’s approved so this thing is definitely going into Q1 at this point…
11-27-2019 Intel Guru Frank26 ...The plan is not to go into 2020…the 2020 budget IMO was stress tested in many scenarios under multiple rates…so what did the CBI and the fab 4 decide on as the 2020 rate? It’s unknown to me. But the important thing I’m trying to teach you is that IMO there have been 5 test budgets and they were run successfully to make the 2020 budget successful for the citizens demands…
11-27-2019 Newshound/Intel Guru Mnt Goat We now approach January again. Is Iraq going to be ready? We know that the demonstrators want the HCL payments promised them. Remember this was delayed from September 2018 until January 2019 and then the RV did not happen and so no HCL payments happened...Some say the CBI is still moving ahead with the “project to delete the zeros”. I agree but right now at a snail’s pace. They are waiting for the demonstrators to settle down. Even then I am told by my CBI contact that nothing is going to happen until at least the new 2020 budget is opened. It contains the HCL money something the citizens are demanding...
11-26-2019 Newshound Guru chattels Article: "Behind the scenes of Pence's Iraq visit" Quote: "Many are wondering why Pence skipped a visit to Baghdad’s top three officials [prime minister, speaker of parliament and president], instead flying straight to Erbil to meet Nechirvan Barzani, President of the Kurdistan Region. A White House official provided a diplomatic answer and said that the US Vice President could not greet Iraqi government officials due to a violent crackdown on protesters across Iraq’s south. Instead, this visit was more related to Trump and his administration’s changes and reviews to their policy in Iraq and Syria, including the role Kurds want to play in both countries."
11-26-2019 Intel Guru MarkZ [via PDK] I spent a lot of time talking to folks last night but there was very little news. Redemption Center folks are there today...they expect to work all weekend but will not be working on Thursday. [Any news from Iraq source?] No…Iraq went quiet yesterday evening. I am hearing there was a Bank issue getting it out the door last night but that they are still working to get it done today.
11-26-2019 Newshound Guru Jeff Article “Parliamentary Finance: The 2020 budget will differ significantly from previous years”. Quote “the House of Representative and the Council of Ministers have given a lot of promises to the demonstrators to INTENSIFY PROJECTS DURING THE NEXT PHASE...” This is what I’ve been telling you since the end of September. The 2020 budget has everything in it that’s all post rate change. Article 140, HCL, the reforms, the reconstruction, the taxes, the tariffs…Remember the whole budget is encompassed around transparency to reduce and minimize corruption going forward. That’s the main reason why we’re waiting on this 2020 budget. “Intensify projects during the next phase” is a specific phrase that I’ve showed you all through this entire year and that phase means the period after the rate change…this article is freaking huge…The budget has to be done first then the rate can change then they can implement everything.
11-26-2019 Intel Guru Frank26 …the government came out and told the citizens ‘all the things you want it’s going to take a little time. But I want to let you know everything you want we put it in the budget for 2020. We included HCL. We included article 140. We’ve got everything in there. It’s all set for the year 2020.’ They were telling them February but the rate would have to be changed before that. I like that they actually came out and told the citizens everything you want we got it…
11-26-2019 Newshound/Intel Guru Francis Albert One would simply not be paying attention not to see some extremely positive happenings every day. I am betting the farm significant up tick in the Dinar price before years end. I have no secret sources, just a good gut.
11-26-2019 Intel Guru Frank26 …of course there’s gonna be a capital gains. And of course you’re gonna pay taxes on it. I don’t know what the tax categories and brackets are right now that’s why you’re gonna get a team together and they’re going to teach you. You’re gonna get a CPA, a bookkeeper. I have an IRS agent as my CPA. I want the latest laws well interpreted so I don’t get fined and I don’t overpay…you better pay your taxes. If you don’t pay your taxes they’ll find you. And they’ll come after you…you do not play with Uncle Sam. Give it to him. Throw it at him. Do your part. [Note: At the appropriate time speak to your tax professional]
11-26-2019 Intel Guru MarkZ I hear that he [VP Pence] got a lot done while he was over there. He gave the kurds permission to sell oil directly without having to go through Bagdad…this is big news.
11-26-2019 Intel Guru MarkZ [via PDK] I spent a lot of time talking to folks last night but there was very little news. Redemption Center folks are there today...they expect to work all weekend but will not be working on Thursday. [Any news from Iraq source?] No…Iraq went quiet yesterday evening. I am hearing there was a Bank issue getting it out the door last night but that they are still working to get it done today.
11-26-2019 Newshound Guru Jeff Article “Parliamentary Finance: The 2020 budget will differ significantly from previous years”. Quote “the House of Representative and the Council of Ministers have given a lot of promises to the demonstrators to INTENSIFY PROJECTS DURING THE NEXT PHASE...” This is what I’ve been telling you since the end of September. The 2020 budget has everything in it that’s all post rate change. Article 140, HCL, the reforms, the reconstruction, the taxes, the tariffs…Remember the whole budget is encompassed around transparency to reduce and minimize corruption going forward. That’s the main reason why we’re waiting on this 2020 budget. “Intensify projects during the next phase” is a specific phrase that I’ve showed you all through this entire year and that phase means the period after the rate change…this article is freaking huge…The budget has to be done first then the rate can change then they can implement everything.
11-26-2019 Intel Guru Frank26 …the government came out and told the citizens ‘all the things you want it’s going to take a little time. But I want to let you know everything you want we put it in the budget for 2020. We included HCL. We included article 140. We’ve got everything in there. It’s all set for the year 2020.’ They were telling them February but the rate would have to be changed before that. I like that they actually came out and told the citizens everything you want we got it…
11-26-2019 Newshound/Intel Guru Francis Albert One would simply not be paying attention not to see some extremely positive happenings every day. I am betting the farm significant up tick in the Dinar price before years end. I have no secret sources, just a good gut.
11-26-2019 Intel Guru Frank26 …of course there’s gonna be a capital gains. And of course you’re gonna pay taxes on it. I don’t know what the tax categories and brackets are right now that’s why you’re gonna get a team together and they’re going to teach you. You’re gonna get a CPA, a bookkeeper. I have an IRS agent as my CPA. I want the latest laws well interpreted so I don’t get fined and I don’t overpay…you better pay your taxes. If you don’t pay your taxes they’ll find you. And they’ll come after you…you do not play with Uncle Sam. Give it to him. Throw it at him. Do your part. [Note: At the appropriate time speak to your tax professional]
11-26-2019 Intel Guru MarkZ I hear that he [VP Pence] got a lot done while he was over there. He gave the kurds permission to sell oil directly without having to go through Bagdad…this is big news.
11-25-2019 Newshound/Intel Gurus Delta & MilitiaMan Article quote: "Iraq: Following the joint World Bank – WTO Workshop on the Accession of Iraq, which took place in Beirut on 25-26 July, the Secretariat, the World Bank and the Government of Iraq are working towards organizing a High-Level Conference on the WTO Accession of Iraq, in Baghdad, at the end of November. The conference is intended to facilitate the formal reactivation of the accession process..." Another fine tuned and well timed announcement.. They are to facilitate the formal reactivation.. They mean business is coming to town!! November is coming to a close.. imo.
11-25-2019 Intel Guru MarkZ The 3 redemption centers that I have contacts in are staffed today...they were not staffed over the weekend. [Will there be redemption centers at military bases?] I hear there will be…many investors are in the military…
11-25-2019 Intel Guru Frank26 …the budget needs the new rate. The new rate does not need the budget…
11-25-2019 Intel Guru MarkZ [Is this the day before the big event?] That’s what I am still hearing...It looks like the crosshairs are fixed on tomorrow...many, many appointments are scheduled for Tuesday. Contacts in Iraq are also expecting a “Tuesday Event”…they are looking at a 10-11 AM release...contacts in Zurich and Europe were also told to watch for Tuesday…If they keep to this schedule for appointments to be liquid tomorrow, I would expect 800 numbers to be out today or overnight at the latest...
11-25-2019 Newshound Guru MilitiaMan The salaries are part of those rights and entitlements. The value is for this year in the 2019 Budget... So we watch and see if they get paid in nscn's or not this week. IMO, they will and it appears they will know more tomorrow...Btw, by paying them in NSCNs they reduce the note count. That my friends is increasing value, just like the CBI has always said they will. It is not a lop!! ~ NEVER WAS AND NEVER WILL BE!! ~ imo. [post 2 of 2]
11-25-2019 Newshound Guru MilitiaMan Remember rate precedes new notes. That rate is imo in the 2019 Federal Budget for the 2020 Federal Budget... They have held the 2019 budget very tight thus far this year, and for good reason all this time now. Well, with Pence arriving unannounced shows that he had more on his mind than Turkey Dinner. In fact, it is more likely to be about large money and contracts that will benefit many and in short order. The Kurds were not to meet in Baghdad until or by the middle of next week. Well tomorrow is not the middle of next week. The green light was given for BOTH SIDES in regard to financial rights and entitlements! [post 1 of 2....stay tuned]
11-25-2019 Intel Guru Frank26 [I believe we had considered waiting approx 72 days before exchanging the bulk of our dinar, thinking it might go up a bit more within this time. IYO, is this still the case, after the initial RI.] Based on new calculations...IMO I think it will happen faster than that…and the old rate of $3.86 will be higher now if we are adding in inflation to make it about $4+ …you will need to make your own decision of when to hold them and when to fold them.
11-25-2019 Newshound Guru Adam Montana When the RV is announced, and it will be announced at some point, I have always felt like it would take the world by surprise. They aren't going to give a "heads up", they aren't going to do anything to attract currency speculators. It's going to happen suddenly...I doubt "this week" is when we will see the RV announced, but that may be exactly why it IS announced this week!...
11-25-2019 Intel Guru MarkZ The 3 redemption centers that I have contacts in are staffed today...they were not staffed over the weekend. [Will there be redemption centers at military bases?] I hear there will be…many investors are in the military…
11-25-2019 Intel Guru Frank26 …the budget needs the new rate. The new rate does not need the budget…
11-25-2019 Intel Guru MarkZ [Is this the day before the big event?] That’s what I am still hearing...It looks like the crosshairs are fixed on tomorrow...many, many appointments are scheduled for Tuesday. Contacts in Iraq are also expecting a “Tuesday Event”…they are looking at a 10-11 AM release...contacts in Zurich and Europe were also told to watch for Tuesday…If they keep to this schedule for appointments to be liquid tomorrow, I would expect 800 numbers to be out today or overnight at the latest...
11-25-2019 Newshound Guru MilitiaMan The salaries are part of those rights and entitlements. The value is for this year in the 2019 Budget... So we watch and see if they get paid in nscn's or not this week. IMO, they will and it appears they will know more tomorrow...Btw, by paying them in NSCNs they reduce the note count. That my friends is increasing value, just like the CBI has always said they will. It is not a lop!! ~ NEVER WAS AND NEVER WILL BE!! ~ imo. [post 2 of 2]
11-25-2019 Newshound Guru MilitiaMan Remember rate precedes new notes. That rate is imo in the 2019 Federal Budget for the 2020 Federal Budget... They have held the 2019 budget very tight thus far this year, and for good reason all this time now. Well, with Pence arriving unannounced shows that he had more on his mind than Turkey Dinner. In fact, it is more likely to be about large money and contracts that will benefit many and in short order. The Kurds were not to meet in Baghdad until or by the middle of next week. Well tomorrow is not the middle of next week. The green light was given for BOTH SIDES in regard to financial rights and entitlements! [post 1 of 2....stay tuned]
11-25-2019 Intel Guru Frank26 [I believe we had considered waiting approx 72 days before exchanging the bulk of our dinar, thinking it might go up a bit more within this time. IYO, is this still the case, after the initial RI.] Based on new calculations...IMO I think it will happen faster than that…and the old rate of $3.86 will be higher now if we are adding in inflation to make it about $4+ …you will need to make your own decision of when to hold them and when to fold them.
11-25-2019 Newshound Guru Adam Montana When the RV is announced, and it will be announced at some point, I have always felt like it would take the world by surprise. They aren't going to give a "heads up", they aren't going to do anything to attract currency speculators. It's going to happen suddenly...I doubt "this week" is when we will see the RV announced, but that may be exactly why it IS announced this week!...
11-24-2019 Newshound Guru MilitiaMan Pence has ushered in what appears to be the foundation for the final agreement set for tomorrow in Baghdad. Keep in mind the salaries that will need to be paid. We know they NSCN's (lower denoms) will need a rate prior to using them. They are said to be populated throughout Iraq now, as told by Alak that funds have moved in armored trucks in the very recent past. The 28th is the last payday of the month. It makes more sense to to me to pay them in a new rate with nscn's, than again paying them with a program rate. [post 2 of 2]
11-24-2019 Newshound Guru MilitiaMan Article: "Pence gave the green light to the Kurds on the sale of oil without involving Baghdad" I don't believe this is an aside for not paying the 250,000 barrels a day to Baghdad. In fact it is above and beyond that amount that could be sold. This bodes very well for the Kurds and us as investors, as it will seal the agreement for the implementation of the 2019 Federal Budget Law that will usher in the 2020 Budget cycle to come (imo) that has the Kurdistan's Regional share of it inside. [post 1 of 2....stay tuned]
11-24-2019 Intel Guru Frank26 Are there particular banks that will exchange dinar once the rate is changed? …In our opinion the CBI has reached out internationally to private banks around the world to have an international relationship with them for the exchange process. IMO also the Central Bank of Iraq will have CBI banks in the United States of America where you can go in and exchange your currency and keep it as dinars. That would be fantastic if it is true. I think it is. Because that will help us in the process of ‘when to hold them and when to fold them…’
11-24-2019 Newshound Guru Adam Montana The players and groups that have an interest in keeping the exchange rate as it is are not a huge group. The "bad" part of the Government of Iraq isn't the majority...And it appears that change is happening now. Since early October, there have been serious protests in Iraq, and the pressure has resulted in Iraq moving towards some changes that (in hindsight) have been necessary this whole time. A few of the "bad guys" aren't going to be happy, and they will put up some resistance still, but they will fall to the side and Iraq's currency will not stay in the "XXXX:1" range. The question has always been "when", not "if". Over the recent years, Iraq has been at a tipping point. SO CLOSE, all the time! In hindsight, what was needed is obvious. And it's happening right now. [post 4 of 4]
11-24-2019 Newshound Guru Adam Montana Political players and parties have been able to manipulate the status quo, and profit from it. I would say it's fair to write down as fact that there are players in this situation that have worked specifically against the RV... because they were making money on the system as it was, and why would they change that?! Although tremendous ground has been covered in Iraq's journey back to prosperity, there have been people and groups that had a vested interest in seeing Iraq maintain the status quo (no RV), and keep the people impoverished. Hope is not lost, though. Far from it, in fact! [post 3 of 4....stay tuned]
11-24-2019 Newshound Guru Adam Montana Then the country began to rebuild, ...and eventually the world recognized their progress with the official lifting of Chapter 7 sanctions. More progress has been made, hurdles have been cleared, and Iraq is nowhere near what it was in 2003. All along the path of this rebuilding, we've been watching and waiting for a major change. Not that the change from 4000:1 to the current 1190:1 isn't a "major change"...but it's not the "major" change they are capable of. It's not "the" change we are waiting for. It's not the change that we know is coming. As we look back on the last decade plus, with the benefit of hindsight, it's easy to see how and why they haven't RV'd yet. It's quite simple, really: [post 2 of 4...stay tuned]
11-24-2019 Newshound Guru Adam Montana I made a mention this week about Iraq being in a good place - my optimism continues. Every week, I read thousands of posts...This last week, I read one that hit me right in the chest... Quote: "... in hindsight, it makes perfect sense that we didn't have an RV before the people forcefully demanded change." ...I can't help but think how true it is. And how obvious! Iraq has made tons of progress. They were thrown into a dark hole when Saddam Hussein was removed. Their currency plummeted from a high value down to a lowly scrap... [post 1 of 4....stay tuned]
11-24-2019 Newshound/Intel Guru Francis Albert If I was on a game show, and had to, "had to" give an answer, I would say .86 open on Forex. Well, I would not cash at that, as I believe it would move from there somewhat bullishly. (is that a word?)
11-24-2019 Intel Guru Frank26 Trump sent Pence to Iraq today... You will find out soon who else he sent...I don’t believe there are coincidences... I believe timing is everything and there is a “time” scheduled” for them to do this.
11-24-2019 Newshound Guru MilitiaMan Article: "Pence gave the green light to the Kurds on the sale of oil without involving Baghdad" I don't believe this is an aside for not paying the 250,000 barrels a day to Baghdad. In fact it is above and beyond that amount that could be sold. This bodes very well for the Kurds and us as investors, as it will seal the agreement for the implementation of the 2019 Federal Budget Law that will usher in the 2020 Budget cycle to come (imo) that has the Kurdistan's Regional share of it inside. [post 1 of 2....stay tuned]
11-24-2019 Intel Guru Frank26 Are there particular banks that will exchange dinar once the rate is changed? …In our opinion the CBI has reached out internationally to private banks around the world to have an international relationship with them for the exchange process. IMO also the Central Bank of Iraq will have CBI banks in the United States of America where you can go in and exchange your currency and keep it as dinars. That would be fantastic if it is true. I think it is. Because that will help us in the process of ‘when to hold them and when to fold them…’
11-24-2019 Newshound Guru Adam Montana The players and groups that have an interest in keeping the exchange rate as it is are not a huge group. The "bad" part of the Government of Iraq isn't the majority...And it appears that change is happening now. Since early October, there have been serious protests in Iraq, and the pressure has resulted in Iraq moving towards some changes that (in hindsight) have been necessary this whole time. A few of the "bad guys" aren't going to be happy, and they will put up some resistance still, but they will fall to the side and Iraq's currency will not stay in the "XXXX:1" range. The question has always been "when", not "if". Over the recent years, Iraq has been at a tipping point. SO CLOSE, all the time! In hindsight, what was needed is obvious. And it's happening right now. [post 4 of 4]
11-24-2019 Newshound Guru Adam Montana Political players and parties have been able to manipulate the status quo, and profit from it. I would say it's fair to write down as fact that there are players in this situation that have worked specifically against the RV... because they were making money on the system as it was, and why would they change that?! Although tremendous ground has been covered in Iraq's journey back to prosperity, there have been people and groups that had a vested interest in seeing Iraq maintain the status quo (no RV), and keep the people impoverished. Hope is not lost, though. Far from it, in fact! [post 3 of 4....stay tuned]
11-24-2019 Newshound Guru Adam Montana Then the country began to rebuild, ...and eventually the world recognized their progress with the official lifting of Chapter 7 sanctions. More progress has been made, hurdles have been cleared, and Iraq is nowhere near what it was in 2003. All along the path of this rebuilding, we've been watching and waiting for a major change. Not that the change from 4000:1 to the current 1190:1 isn't a "major change"...but it's not the "major" change they are capable of. It's not "the" change we are waiting for. It's not the change that we know is coming. As we look back on the last decade plus, with the benefit of hindsight, it's easy to see how and why they haven't RV'd yet. It's quite simple, really: [post 2 of 4...stay tuned]
11-24-2019 Newshound Guru Adam Montana I made a mention this week about Iraq being in a good place - my optimism continues. Every week, I read thousands of posts...This last week, I read one that hit me right in the chest... Quote: "... in hindsight, it makes perfect sense that we didn't have an RV before the people forcefully demanded change." ...I can't help but think how true it is. And how obvious! Iraq has made tons of progress. They were thrown into a dark hole when Saddam Hussein was removed. Their currency plummeted from a high value down to a lowly scrap... [post 1 of 4....stay tuned]
11-24-2019 Newshound/Intel Guru Francis Albert If I was on a game show, and had to, "had to" give an answer, I would say .86 open on Forex. Well, I would not cash at that, as I believe it would move from there somewhat bullishly. (is that a word?)
11-24-2019 Intel Guru Frank26 Trump sent Pence to Iraq today... You will find out soon who else he sent...I don’t believe there are coincidences... I believe timing is everything and there is a “time” scheduled” for them to do this.
11-23-2019 Newshound Guru MilitiaMan Article: "A deputy intends to investigate the auction of the currency and confirms the possession of the names of those involved" This is slated for today... Interesting timing again.. Frank [Guru Frank26] mentioned there are many corrupt on a list in regard to auctions...All about timing. Add in the timing of the NSCNs being in the process of lifting the three zero notes right now for a rate change. ("CBI is now in the process of lifting 3 zero notes for a rate change, because of the three zero notes." ~ Frank26...) Those are two powerful things that the Citizens demand. Purchase Power is a biggy, imo... Fascinating time we are in.. Keep talking CBI...
11-23-2019 Newshound Guru Kaperoni The IMF refers to Multiple Currency Practice in Iraq or (MCP). It has nothing to do with more than one currency. It has to do with the price of goods in various locations that exceed 2%. ...Iraq will always have both the dollar and dinar because they sell oil. Meaning they will always have both currencies in the country. Many countries have more than one currency prevalent.
11-23-2019 Newshound Guru Don961 Article: "Prof.Dr. Mahmoud Mohammed Dagher: * It is the exchange rate, gentlemen" IMO...IN OTHER WORDS ACCORDING TO THE LAST STATEMENTS OF THE ASTUTE PROFESSOR... KEEPING THE EXCHANGE RATE ARTIFICIALLY LOW ONLY HURTS THE PURCHASING POWER OF LOWER INCOME CITIZENS IN ADDITIONAL HIDDEN WAYS .. SOOOO... IN LIGHT OF WHAT THE PROTESTORS ARE DEMANDING FOR DECENT JOBS, DECENT INCOMES AND DECENT LIVES...THE ALTERNATIVE WOULD LOGICALLY BE TO STRENGTHEN THAT RATE...INCREASE THAT PURCHASING POWER.
11-23-2019 Newshound/Intel Guru Mnt Goat So what do we do now as investors? We just follow the news coming out of Iraq. By knowing the process the CBI must go through to reinstate the dinar (they told us this process), we know what to look for and how to determine any significant progress in the process moving it forward...
11-23-2019 Intel Guru Frank26 THE CBI IS TALKING... Keep an eye on the CBI.
11-23-2019 Newshound Guru Jeff …the citizens are not going to tolerate this much longer. There is a huge revelation in this…the government is showing you through the action with the demonstrators how their hands are just tied. There’s absolutely nothing that the government can do right now to satisfy the demonstrators. They’re showing you as clear as day. They have to change the rate fairly soon…fairly soon could mean over the next few months…they have to change the rate in a reasonable amount of time…I love the news it could not be any better…
11-23-2019 Newshound Guru Kaperoni The IMF refers to Multiple Currency Practice in Iraq or (MCP). It has nothing to do with more than one currency. It has to do with the price of goods in various locations that exceed 2%. ...Iraq will always have both the dollar and dinar because they sell oil. Meaning they will always have both currencies in the country. Many countries have more than one currency prevalent.
11-23-2019 Newshound Guru Don961 Article: "Prof.Dr. Mahmoud Mohammed Dagher: * It is the exchange rate, gentlemen" IMO...IN OTHER WORDS ACCORDING TO THE LAST STATEMENTS OF THE ASTUTE PROFESSOR... KEEPING THE EXCHANGE RATE ARTIFICIALLY LOW ONLY HURTS THE PURCHASING POWER OF LOWER INCOME CITIZENS IN ADDITIONAL HIDDEN WAYS .. SOOOO... IN LIGHT OF WHAT THE PROTESTORS ARE DEMANDING FOR DECENT JOBS, DECENT INCOMES AND DECENT LIVES...THE ALTERNATIVE WOULD LOGICALLY BE TO STRENGTHEN THAT RATE...INCREASE THAT PURCHASING POWER.
11-23-2019 Newshound/Intel Guru Mnt Goat So what do we do now as investors? We just follow the news coming out of Iraq. By knowing the process the CBI must go through to reinstate the dinar (they told us this process), we know what to look for and how to determine any significant progress in the process moving it forward...
11-23-2019 Intel Guru Frank26 THE CBI IS TALKING... Keep an eye on the CBI.
11-23-2019 Newshound Guru Jeff …the citizens are not going to tolerate this much longer. There is a huge revelation in this…the government is showing you through the action with the demonstrators how their hands are just tied. There’s absolutely nothing that the government can do right now to satisfy the demonstrators. They’re showing you as clear as day. They have to change the rate fairly soon…fairly soon could mean over the next few months…they have to change the rate in a reasonable amount of time…I love the news it could not be any better…
11-22-2019 Intel Guru MarkZ [What has changed between now and 10 years ago when we though this would go?] So much has changed that I hardly know where to start…The Central banks of Iraq, China, Japan, Russia have become some of the largest holders of Gold bullion...We have the new OFS banking system and the computer power to handle the GCR now. Remember that Iraq, Zimbabwe, Hungary, Japan and others have already announced they have an asset/gold backed digital currency ….We are at a totally different spot then we were 10 years ago...
11-22-2019 Newshound Guru Jeff ...complete the 2020 budget. Then change the rate. Then implement the demonstrators demands. That’s how it has to happen. That’s what they’re telling you factually within the news. They have to do those steps…That’s where we’re at…we look amazing but the factual news from a truth poll perspective tells us that a little bit more time is needed…
11-22-2019 Intel Guru Bruce From 3 AM to 9 AM we went on a higher security alert...Now, I feel good about the security level...all the rates are solid on the front screens...I believe that our President wants this released... and I think he wants it to go now...it could be [Friday] and it sure could be on Saturday
11-22-2019 Newshound/Intel Guru Mnt Goat If any banks decide to sell or buy the dinar this is not “trading” the dinar...it is simply working under a “currency broker” license just like all the internet online brokers. So, let’s stop all this nonsense about the banks selling or buying the dinar under this capacity to justify telling everyone that the Iraqi dinar is now already “international”. It is not international until 1)it gets “reinstated” and 2) OFAC sanctions are lifted. These are two conditions we wait for as investors and we do not go to the bank until these two conditions are satisfied. ...There is no other way around it! [post 2 or 2]
11-22-2019 Newshound/Intel Guru Mnt Goat I have discounted any bank stories a very long time ago. All I know is each bank I visited, when in the US last, all told me that they would not touch the Iraqi dinar...due to ongoing OFAC sanctions. ...The banks DO NOT have a choice to exchange or not. The law under OFAC sanctions specifically prohibits any FDIC regulated banks from dealing with the Iraqi dinar currency, thus legally exchanging it. [post 1 of 2....stay tuned]
11-22-2019 Intel Guru MarkZ [via PDK] Very quiet overnight…In Zurich – they are still expeing liquidity by Tuesday...so things are happening…at least overseas. From a contact in Iraq- I was told to start watching the CBI starting on Sunday...i am excited for next week...
11-22-2019 Newshound Guru chattels Parliament reconvenes tomorrow. Be still my heart.
11-22-2019 Intel Guru MarkZ Currency news: More and more news that they are looking for Tuesday Liquidity… other sources are looking for it to happen sooner… …Its possible it will happen sooner…maybe they say its Tuesday and will pop it sooner...noone really knows for sure.
11-22-2019 Newshound Guru Kaperoni ...as long as the auctions exist, the CBI cannot substantially reduce the note count.
11-22-2019 Newshound Guru Jeff …with Iraq they’re gonna have two currencies coexisting together. So you’ll have a 25k note and a 25 note coexisting together. They’re not gonna have the same value…Let’s say the rate is $3.00…the 25k note would be worth $75,000 and the 25 note would be worth $25…the two currencies will coexist together with independent separate values…
11-22-2019 Newshound Guru Jeff ...complete the 2020 budget. Then change the rate. Then implement the demonstrators demands. That’s how it has to happen. That’s what they’re telling you factually within the news. They have to do those steps…That’s where we’re at…we look amazing but the factual news from a truth poll perspective tells us that a little bit more time is needed…
11-22-2019 Intel Guru Bruce From 3 AM to 9 AM we went on a higher security alert...Now, I feel good about the security level...all the rates are solid on the front screens...I believe that our President wants this released... and I think he wants it to go now...it could be [Friday] and it sure could be on Saturday
11-22-2019 Newshound/Intel Guru Mnt Goat If any banks decide to sell or buy the dinar this is not “trading” the dinar...it is simply working under a “currency broker” license just like all the internet online brokers. So, let’s stop all this nonsense about the banks selling or buying the dinar under this capacity to justify telling everyone that the Iraqi dinar is now already “international”. It is not international until 1)it gets “reinstated” and 2) OFAC sanctions are lifted. These are two conditions we wait for as investors and we do not go to the bank until these two conditions are satisfied. ...There is no other way around it! [post 2 or 2]
11-22-2019 Newshound/Intel Guru Mnt Goat I have discounted any bank stories a very long time ago. All I know is each bank I visited, when in the US last, all told me that they would not touch the Iraqi dinar...due to ongoing OFAC sanctions. ...The banks DO NOT have a choice to exchange or not. The law under OFAC sanctions specifically prohibits any FDIC regulated banks from dealing with the Iraqi dinar currency, thus legally exchanging it. [post 1 of 2....stay tuned]
11-22-2019 Intel Guru MarkZ [via PDK] Very quiet overnight…In Zurich – they are still expeing liquidity by Tuesday...so things are happening…at least overseas. From a contact in Iraq- I was told to start watching the CBI starting on Sunday...i am excited for next week...
11-22-2019 Newshound Guru chattels Parliament reconvenes tomorrow. Be still my heart.
11-22-2019 Intel Guru MarkZ Currency news: More and more news that they are looking for Tuesday Liquidity… other sources are looking for it to happen sooner… …Its possible it will happen sooner…maybe they say its Tuesday and will pop it sooner...noone really knows for sure.
11-22-2019 Newshound Guru Kaperoni ...as long as the auctions exist, the CBI cannot substantially reduce the note count.
11-22-2019 Newshound Guru Jeff …with Iraq they’re gonna have two currencies coexisting together. So you’ll have a 25k note and a 25 note coexisting together. They’re not gonna have the same value…Let’s say the rate is $3.00…the 25k note would be worth $75,000 and the 25 note would be worth $25…the two currencies will coexist together with independent separate values…
11-21-2019 Intel Guru MarkZ Big news from China…mainstream news... They are going to a complete asset backed digital currency for the entire country…they did not say when…but the speculation is it could be just days away. Think about this guys...this is what we have been waiting for...we have been waiting for the new banking system…this is part of the QFS system...it’s happening right now...So, I’m feeling very good about things…feeling fantastic…
11-21-2019 Newshound/Intel Guru Francis Albert Reducing the three zero notes in circulation is not the impetus for two simultaneous currencies, ...it is simply reducing the three zero notes in circulation.
11-21-2019 Newshound Guru Jeff …so no one is miss led in any way…No country’s budget contains a rate. The budget itself is calculated off the rate but the budget never contains a rate…you’ve always seen their [Iraq’s] budgets calculated in the range of trillions of dinar. When the rate changes it will transition to being calculated in billions of dinar. How does that work? The budget has what’s called a writer…it will allow that to automatically change from trillions to billions. In other words they drop the zeros. It’s that simple. My point to you is you will never know that the rates gonna change before it has changed. They will not let any clues or signs leak out…
11-21-2019 Intel Guru Frank26 …CBI if you can give me one sentence of what you are doing now…give me one sentence that describes your posture right now. ‘We [CBI] are reducing the physical 3 zero note count with a rate change’
11-21-2019 Intel Guru MarkZ My news out of Zurich is not what most want to hear…they are now expecting their funds the first of next week…but it’s supposed to be an absolute...set time...I did have an interesting conversation with a military contact…it is their understanding that they are now in charge of the roll-out for the US. ...Trump turned it over to the military now…its out of his hands. Trump has Military under soft Marshall Law, meaning they are standing watch over all the Financial people and bankers to ensure they cannot stop this any further... Trump is the first US President who wants this RV to happen...I am treating this as rumor for now…but based on this and news from Zurich , I am not expecting to see anything now until Mon/Tues next week.
11-21-2019 Newshound Guru Jeff …Let’s clear the air…Lower denoms before the rate change. That cannot and will not happen. Reason why? If they release the lower denoms before the rate change it just became a currency devaluation. So again they can not release lower denoms before the rate change…the rate change is like a nucleus. Everything is linked to the nucleus. Once the rate changes that’s when all the dominoes fall…
11-21-2019 Newshound Guru Kaperoni ...Nothing is happening with the dinar until laws are passed and significant investment comes in through the private sector in Iraq.
11-21-2019 Newshound/Intel Guru Mnt Goat Article: "IRAQ’S PROTESTS RAISE QUESTION: WHERE DOES THE OIL MONEY GO?" Quote: "IRAQI LEADERS HAVE BEEN UNWILLING SO FAR TO REFORM THE SYSTEM,..." ...So can we all see why not the US govt through the US Treasury is holding up the reinstatement? How can they place all this money into Iraq and then watch it mismanaged and have the dinar only crash afterwards? ...“where is the RV”...It is being purposefully held up because: 1. the CBI wants to move forward but crooked Iranian backed politicians stall it; 2. the US Treasury says not until they learn how to manage their funds, lessen corruption and thus the government is more stable.
11-21-2019 Newshound/Intel Guru Francis Albert Reducing the three zero notes in circulation is not the impetus for two simultaneous currencies, ...it is simply reducing the three zero notes in circulation.
11-21-2019 Newshound Guru Jeff …so no one is miss led in any way…No country’s budget contains a rate. The budget itself is calculated off the rate but the budget never contains a rate…you’ve always seen their [Iraq’s] budgets calculated in the range of trillions of dinar. When the rate changes it will transition to being calculated in billions of dinar. How does that work? The budget has what’s called a writer…it will allow that to automatically change from trillions to billions. In other words they drop the zeros. It’s that simple. My point to you is you will never know that the rates gonna change before it has changed. They will not let any clues or signs leak out…
11-21-2019 Intel Guru Frank26 …CBI if you can give me one sentence of what you are doing now…give me one sentence that describes your posture right now. ‘We [CBI] are reducing the physical 3 zero note count with a rate change’
11-21-2019 Intel Guru MarkZ My news out of Zurich is not what most want to hear…they are now expecting their funds the first of next week…but it’s supposed to be an absolute...set time...I did have an interesting conversation with a military contact…it is their understanding that they are now in charge of the roll-out for the US. ...Trump turned it over to the military now…its out of his hands. Trump has Military under soft Marshall Law, meaning they are standing watch over all the Financial people and bankers to ensure they cannot stop this any further... Trump is the first US President who wants this RV to happen...I am treating this as rumor for now…but based on this and news from Zurich , I am not expecting to see anything now until Mon/Tues next week.
11-21-2019 Newshound Guru Jeff …Let’s clear the air…Lower denoms before the rate change. That cannot and will not happen. Reason why? If they release the lower denoms before the rate change it just became a currency devaluation. So again they can not release lower denoms before the rate change…the rate change is like a nucleus. Everything is linked to the nucleus. Once the rate changes that’s when all the dominoes fall…
11-21-2019 Newshound Guru Kaperoni ...Nothing is happening with the dinar until laws are passed and significant investment comes in through the private sector in Iraq.
11-21-2019 Newshound/Intel Guru Mnt Goat Article: "IRAQ’S PROTESTS RAISE QUESTION: WHERE DOES THE OIL MONEY GO?" Quote: "IRAQI LEADERS HAVE BEEN UNWILLING SO FAR TO REFORM THE SYSTEM,..." ...So can we all see why not the US govt through the US Treasury is holding up the reinstatement? How can they place all this money into Iraq and then watch it mismanaged and have the dinar only crash afterwards? ...“where is the RV”...It is being purposefully held up because: 1. the CBI wants to move forward but crooked Iranian backed politicians stall it; 2. the US Treasury says not until they learn how to manage their funds, lessen corruption and thus the government is more stable.
11-20-2019 Intel Guru Bruce And then we heard also that the rate - now remember this we have 209 countries and all of those currencies are on the front screens live – they are all on the screens in essentially a ready to go mode – all countries – so I’m excited about that...The only thing we are waiting for is the perfect timing for this to release...We are in great shape - I believe the public start might be Dec 2... everything is ready as far as I can tell...IMO. [post 2 of 2]
11-20-2019 Intel Guru Bruce [via WiserNow] ...I think we are looking really strong right now... I’m not going to go to next week – I’m not going to Thanksgiving or before Christmas or by Christmas – I’m not going to go there – That’s not what I’m hearing -- Other people may be hearing that but not me and we’ve got to the point where that information that we gain from certain of our banks have completely sealed off...Nope, we’re too close and it’s too sensitive to talk about X Y Z – and that’s a great indicator ...sometimes, when you’re this close and it’s a sensitive area – they don’t want leaks – you just suck it up and say you know what -- that’s a good sign - that’s showing us how close this really is... [post 1 of 2....stay tuned]
11-20-2019 Newshound Guru Jeff …a few weeks ago I shared a detail showing that Iraq was stressing the need for transparency going forward and that was stated in an article that transparency was key. That’s what the 2020 budget is all about. The 2020 budget…is the number one thing that has to happen before the RV. The 2020 budget is the financial roadmap to the rate change. Now I have another article saying they are going through the 2018 budget and finalizing all it’s accounts. And they’re going through that 2018 budget with a fine toothed comb to find all the corruption and all the wrongdoing with the money to use this in preparation for the 2020 budget…
11-20-2019 Intel Guru MarkZ Still feels like this is Groundhog day...they are still hearing this is our week- before Thursday morning …they are hearing great things about today. People are in place...positioned and waiting…for what? Is it the circus in DC? Is it Iraq? What are we waiting for? Stay positive... I really think we are at the end of it…
11-20-2019 Newshound Guru Adam Montana Iraq is in a fantastic spot right now. YES, they have had a rough 6 weeks or so. The people have been demanding change, and it looks like they are getting it. The GOI is making real changes to their government structure, Parliament is discussing some necessary actions to reduce corruption, restructure their systems, and make a final push towards recapturing their glory days...I'm sure a lot of people have given up on Iraq recently. Quite honestly - this is good for those of us that have chosen to hang in there...with every "loss" of outside investors, Iraq's obligation to the world decreases, and makes it easier for them to come out with a higher value. The saying goes, "it's always darkest before the dawn". Iraq has seen some dark times. But dawn IS coming... I'm hanging in there, and I'm thankful that you are as well.
11-20-2019 Newshound Guru MilitiaMan [Guru] Frank(26) has spoken to WS [Guru Walkingstick] of late imo and there is indication from that, that the banks maybe or are ready for the citizens with NSCNs (small category notes). ...WS's word "INCOMING" imo means be prepared for what we expect and that is an explosive event. An unprecedented event may have been within that meeting to trigger it... Banks cannot sit on the new money for long! Once the Banks are populated with new currency, they know the story and what it means, imo So do the citizens...imo. [post 2 of 2]
11-20-2019 Newshound Guru MilitiaMan Article: "Parliament is holding an evening session today that may witness an unprecedented event" The writing is on the wall now. They had a evening session that may have witnessed an unprecedented event. The most unprecedented event to occur at this point is possibly two things, firstly, get the lead out and give the go ahead for the CBI to release what was delivered to the banks, to the citizens. Then, have agreements on the future of the GOI... [post 1 of 2...stay tuned]
11-20-2019 Intel Guru Frank26 ….the removal of the 3 zero notes is a first step then the replacement of equal value of these 3 zero notes is occurring IMO right now with a swap of 3 zero notes with new small category notes [with the CBI and banks not citizens yet]. All of this should have been competed by now. The protesting delayed it a little bit…it is still ongoing…these 3 zero notes IMO are being collected and replaced with the same equal value of these small category notes [at bank level]…almost done all across Iraq.
11-20-2019 Intel Guru Bruce [via WiserNow] ...I think we are looking really strong right now... I’m not going to go to next week – I’m not going to Thanksgiving or before Christmas or by Christmas – I’m not going to go there – That’s not what I’m hearing -- Other people may be hearing that but not me and we’ve got to the point where that information that we gain from certain of our banks have completely sealed off...Nope, we’re too close and it’s too sensitive to talk about X Y Z – and that’s a great indicator ...sometimes, when you’re this close and it’s a sensitive area – they don’t want leaks – you just suck it up and say you know what -- that’s a good sign - that’s showing us how close this really is... [post 1 of 2....stay tuned]
11-20-2019 Newshound Guru Jeff …a few weeks ago I shared a detail showing that Iraq was stressing the need for transparency going forward and that was stated in an article that transparency was key. That’s what the 2020 budget is all about. The 2020 budget…is the number one thing that has to happen before the RV. The 2020 budget is the financial roadmap to the rate change. Now I have another article saying they are going through the 2018 budget and finalizing all it’s accounts. And they’re going through that 2018 budget with a fine toothed comb to find all the corruption and all the wrongdoing with the money to use this in preparation for the 2020 budget…
11-20-2019 Intel Guru MarkZ Still feels like this is Groundhog day...they are still hearing this is our week- before Thursday morning …they are hearing great things about today. People are in place...positioned and waiting…for what? Is it the circus in DC? Is it Iraq? What are we waiting for? Stay positive... I really think we are at the end of it…
11-20-2019 Newshound Guru Adam Montana Iraq is in a fantastic spot right now. YES, they have had a rough 6 weeks or so. The people have been demanding change, and it looks like they are getting it. The GOI is making real changes to their government structure, Parliament is discussing some necessary actions to reduce corruption, restructure their systems, and make a final push towards recapturing their glory days...I'm sure a lot of people have given up on Iraq recently. Quite honestly - this is good for those of us that have chosen to hang in there...with every "loss" of outside investors, Iraq's obligation to the world decreases, and makes it easier for them to come out with a higher value. The saying goes, "it's always darkest before the dawn". Iraq has seen some dark times. But dawn IS coming... I'm hanging in there, and I'm thankful that you are as well.
11-20-2019 Newshound Guru MilitiaMan [Guru] Frank(26) has spoken to WS [Guru Walkingstick] of late imo and there is indication from that, that the banks maybe or are ready for the citizens with NSCNs (small category notes). ...WS's word "INCOMING" imo means be prepared for what we expect and that is an explosive event. An unprecedented event may have been within that meeting to trigger it... Banks cannot sit on the new money for long! Once the Banks are populated with new currency, they know the story and what it means, imo So do the citizens...imo. [post 2 of 2]
11-20-2019 Newshound Guru MilitiaMan Article: "Parliament is holding an evening session today that may witness an unprecedented event" The writing is on the wall now. They had a evening session that may have witnessed an unprecedented event. The most unprecedented event to occur at this point is possibly two things, firstly, get the lead out and give the go ahead for the CBI to release what was delivered to the banks, to the citizens. Then, have agreements on the future of the GOI... [post 1 of 2...stay tuned]
11-20-2019 Intel Guru Frank26 ….the removal of the 3 zero notes is a first step then the replacement of equal value of these 3 zero notes is occurring IMO right now with a swap of 3 zero notes with new small category notes [with the CBI and banks not citizens yet]. All of this should have been competed by now. The protesting delayed it a little bit…it is still ongoing…these 3 zero notes IMO are being collected and replaced with the same equal value of these small category notes [at bank level]…almost done all across Iraq.
11-19-2019 Newshound/Intel Guru RVAlready I hope GOI gets the budget done ASAP. I do not think CBI is the holdup.
11-19-2019 Intel Guru Walkingstick (via Frank26) …it matters not that all the banks in Iraq [Do not] have the smaller notes yet. What matters is that the process has started and IMO close to finishing. Then I would ask the question, how long should these small notes stay in the vaults of the Iraqi banks? IMO, not too long. Short term.
11-19-2019 Newshound/Intel Guru Mnt Goat ...there will be no RV or reinstatement of the Iraqi dinar unless they can somehow get the Iranian influence out of the government politics, clean up the corruption. So why all the hype and panic now about these demonstrations? The sky is not falling in on Iraq. What we are witnessing is exactly what needs to take place. The pressure for the demonstrators is causing all these fixes to happen at warp speed. This is all so good for us and our investment. It is happening and we all should be glad and jumping for joy this is now being addressed.
11-19-2019 Intel Guru Frank26 …you know Maliki? His palatial palace they burned it down to the ground. These sweet innocent beautiful Iraqi citizens don’t want to hurt anybody. They don’t want to kill anybody. And they’re not. They just want revenge. And that which was their’s was taken away from them then I think they have the right to destroy what was not given to them. They burnt down Maliki’s house. They brought marshmallows and graham crackers and chocolate and made smores.
11-19-2019 Intel Guru MarkZ I still believe we are in a very good spot. I have a number of people that flew into Reno yesterday for Appointments today...these are for currency exchanges...not currency swaps. I have other folks there that I know in real life with appointments this afternoon through Thursday morning… [...word in Dinarland is that RV is expected by Thanksgiving. Does this mean the public exchange?] Yes that means us…we are the last. Redemption Center people worked part time last weekend...and are at work all week…waiting.
11-19-2019 Intel Guru Delta …now is the best time for them to basically pull the trigger IMO because remember this is what the demonstrators want…and we all know the government is working on the budget and they have in mind to send that budget before the end of the month. If that is the case we should see the rates before that because as they’ve told us this budget is going to be different and it should have the rates in it. This is definitely very interesting and I’m waiting to see the next 24 hours of what’s going to happen and what the Central Bank’s next move is going to be and that’s going to give us a window of what’s going on there…
11-19-2019 Intel Guru Frank26 …The banks are wound up so tight just one breath from the CBI is going to set off giving the citizens IMO the smaller notes because there has been a change to the American dollar in the auctions. If that is true then that means an exchange rate has occurred…It is the only way we could have done that is if they made a change to the exchange rate of their currency. And I believe they are about to make an announcement but first we’ve got to get the pictures and we’ve got to get the descriptions…
11-19-2019 Newshound/Intel Guru Mnt Goat ...We also just heard this morning 11/18/19 that parliament is going to vote on some needed legislation in regards to these demands. Then out popped an article telling us that the 2020 budget will reach parliament in the next few days or so for the first vote. Oh - boy this could get interesting real fast. But the budget has an implementation date of Jan 1st 2020. Why? Because their fiscal year begins on Jan 1st... The first quarter of their fiscal year is the BEST time to reinstate the currency. ...looks like our early January 2020 date creeps up again. ...I am keeping my fingers and toes crossed this time this is finally the beginning of the end of this Iraqi dinar RV ride. [post 2 of 2]
11-19-2019 Newshound/Intel Guru Mnt Goat ...Did the CBI just end the currency auctions? …Let this news play out and see if, in fact, the currency auctions do continue and are picked back up and the buy and sell rates change. Or will this finally be the end and the reinstatement is just around the corner? ...if they are exchanging very limited dinars for US dollars via the currency auctions, then how can the banks continue in business? Could this mean "reinstatement" time...finally to get out of this situation? We know this was on the very first list of demands from the demonstrators so let's see what happens. [post 1 of 2....stay tuned]
11-19-2019 Intel Guru Walkingstick (via Frank26) …it matters not that all the banks in Iraq [Do not] have the smaller notes yet. What matters is that the process has started and IMO close to finishing. Then I would ask the question, how long should these small notes stay in the vaults of the Iraqi banks? IMO, not too long. Short term.
11-19-2019 Newshound/Intel Guru Mnt Goat ...there will be no RV or reinstatement of the Iraqi dinar unless they can somehow get the Iranian influence out of the government politics, clean up the corruption. So why all the hype and panic now about these demonstrations? The sky is not falling in on Iraq. What we are witnessing is exactly what needs to take place. The pressure for the demonstrators is causing all these fixes to happen at warp speed. This is all so good for us and our investment. It is happening and we all should be glad and jumping for joy this is now being addressed.
11-19-2019 Intel Guru Frank26 …you know Maliki? His palatial palace they burned it down to the ground. These sweet innocent beautiful Iraqi citizens don’t want to hurt anybody. They don’t want to kill anybody. And they’re not. They just want revenge. And that which was their’s was taken away from them then I think they have the right to destroy what was not given to them. They burnt down Maliki’s house. They brought marshmallows and graham crackers and chocolate and made smores.
11-19-2019 Intel Guru MarkZ I still believe we are in a very good spot. I have a number of people that flew into Reno yesterday for Appointments today...these are for currency exchanges...not currency swaps. I have other folks there that I know in real life with appointments this afternoon through Thursday morning… [...word in Dinarland is that RV is expected by Thanksgiving. Does this mean the public exchange?] Yes that means us…we are the last. Redemption Center people worked part time last weekend...and are at work all week…waiting.
11-19-2019 Intel Guru Delta …now is the best time for them to basically pull the trigger IMO because remember this is what the demonstrators want…and we all know the government is working on the budget and they have in mind to send that budget before the end of the month. If that is the case we should see the rates before that because as they’ve told us this budget is going to be different and it should have the rates in it. This is definitely very interesting and I’m waiting to see the next 24 hours of what’s going to happen and what the Central Bank’s next move is going to be and that’s going to give us a window of what’s going on there…
11-19-2019 Intel Guru Frank26 …The banks are wound up so tight just one breath from the CBI is going to set off giving the citizens IMO the smaller notes because there has been a change to the American dollar in the auctions. If that is true then that means an exchange rate has occurred…It is the only way we could have done that is if they made a change to the exchange rate of their currency. And I believe they are about to make an announcement but first we’ve got to get the pictures and we’ve got to get the descriptions…
11-19-2019 Newshound/Intel Guru Mnt Goat ...We also just heard this morning 11/18/19 that parliament is going to vote on some needed legislation in regards to these demands. Then out popped an article telling us that the 2020 budget will reach parliament in the next few days or so for the first vote. Oh - boy this could get interesting real fast. But the budget has an implementation date of Jan 1st 2020. Why? Because their fiscal year begins on Jan 1st... The first quarter of their fiscal year is the BEST time to reinstate the currency. ...looks like our early January 2020 date creeps up again. ...I am keeping my fingers and toes crossed this time this is finally the beginning of the end of this Iraqi dinar RV ride. [post 2 of 2]
11-19-2019 Newshound/Intel Guru Mnt Goat ...Did the CBI just end the currency auctions? …Let this news play out and see if, in fact, the currency auctions do continue and are picked back up and the buy and sell rates change. Or will this finally be the end and the reinstatement is just around the corner? ...if they are exchanging very limited dinars for US dollars via the currency auctions, then how can the banks continue in business? Could this mean "reinstatement" time...finally to get out of this situation? We know this was on the very first list of demands from the demonstrators so let's see what happens. [post 1 of 2....stay tuned]
11-18-2019 ** Dinar Guru Community Update ** Longtime Guru OkieTheOilMan has been struggling with health issues over the last few years and is now in the hospital again. Please include him and his family in your thoughts and prayers today... [The latest guru post will continue below...]
11-18-2019 Intel Guru Delta ...MSG FROM DEMONSTRATOR TO EVERY IRAQI... "Baghdad will leave the title of the worst city in the world. Your passport will regain its prestige, and your dinar will be revalued. Your children will have a better future than yours. The peoples of the earth will respect you and no one will dare to despise you, if you decide to do so and insist on it...the victory of one Iraq"
11-18-2019 Newshound/Intel Guru Mnt Goat Article: "WHY DOES IRAN HATE IRAQ’S UPRISING?" ...I have been the ONLY single person out in this dinar community that has been telling everyone for years that unless the Iranian influence is GONE from Iraq their will be no RV. So now we see it playing out finally coming to a head. This needed to happen to transition away from Iran. This process had to begin and now we must wait and watch it all play out before the CBI makes its next move.
11-18-2019 Intel Guru MarkZ [via PDK] Things got very quiet last night and I really expected 800 numbers by this morning…so I am a little disappointed. I have heard of a number of people have been called in to be flown to Reno today bringing their currency…more flying in this afternoon as well …These are people I know in real life... Hopefully I will get a great update soon... Iraq is very quiet from my contacts right now. Maybe because of all the rioting in Iran. [...do you think the RV will happen before the end of 2019?] Yes I do...I think there is a huge effort every day to get this rolled out...they will keep trying imo until it is successful...so I expect it every day.
11-18-2019 Newshound Guru Jeff ...the budget. Let's talk about what's inside it because it's very important...Baghdad and Kurdistan are meeting to resolve numbers and math within the budget pertaining to Article 140 the HCL and now they're telling you that reconstruction is in the budget and reforms are in the budget. All those items are post rate change items...Because every single one of those items are within the 2020 budget this means they're also waiting on the 2020 budget...notice how all of those items are items that are being promised to the citizens in regards to the demonstrations but yet they're also waiting on the 2020 budget...that means they can't wait too long to get them implemented...
11-18-2019 Newshound Guru MilitiaMan Article: "An economist depends on the return of Iraq to its place the continued cohesion of the demonstrators" Let’s see them cool off the demonstrations to the level needed to maintain cohesion amongst themselves and have Iraq now provide the purchase power that will support their national spirit. As the economists suggests it can be done in record time.. Sounds good to me.
11-18-2019 Newshound/Intel Guru Mnt Goat Article: "WHY DOES IRAN HATE IRAQ’S UPRISING?" ...I have been the ONLY single person out in this dinar community that has been telling everyone for years that unless the Iranian influence is GONE from Iraq their will be no RV. So now we see it playing out finally coming to a head. This needed to happen to transition away from Iran. This process had to begin and now we must wait and watch it all play out before the CBI makes its next move.
11-18-2019 Intel Guru MarkZ [via PDK] Things got very quiet last night and I really expected 800 numbers by this morning…so I am a little disappointed. I have heard of a number of people have been called in to be flown to Reno today bringing their currency…more flying in this afternoon as well …These are people I know in real life... Hopefully I will get a great update soon... Iraq is very quiet from my contacts right now. Maybe because of all the rioting in Iran. [...do you think the RV will happen before the end of 2019?] Yes I do...I think there is a huge effort every day to get this rolled out...they will keep trying imo until it is successful...so I expect it every day.
11-18-2019 Newshound Guru Jeff ...the budget. Let's talk about what's inside it because it's very important...Baghdad and Kurdistan are meeting to resolve numbers and math within the budget pertaining to Article 140 the HCL and now they're telling you that reconstruction is in the budget and reforms are in the budget. All those items are post rate change items...Because every single one of those items are within the 2020 budget this means they're also waiting on the 2020 budget...notice how all of those items are items that are being promised to the citizens in regards to the demonstrations but yet they're also waiting on the 2020 budget...that means they can't wait too long to get them implemented...
11-18-2019 Newshound Guru MilitiaMan Article: "An economist depends on the return of Iraq to its place the continued cohesion of the demonstrators" Let’s see them cool off the demonstrations to the level needed to maintain cohesion amongst themselves and have Iraq now provide the purchase power that will support their national spirit. As the economists suggests it can be done in record time.. Sounds good to me.
11-17-2019 Newshound Guru Jeff Article "The sale of dollars in the central bank stopped blocking the arrival of large fake funds to Iran". Very huge. They are saying that CBI stop selling dollars and new measures...the only way they can stop the auction [is] if they change the rate.
11-17-2019 Intel Guru RayRen98 Iraq TV reports that halting the sale of the US dollar in the auctions by the CBI has ended millions of fake funds to Iran indicating that those funds could build 200 schools and 50 hospitals per year. Cheers of excitement were heard by the crowds of protestors as they watched the message on the big screens. The citizens are saying that this is a start and that they want a complete end of all auctions and to have accountability for the deaths and the disposition of the oil revenues. ...The US Secretary made statements to the people of Iraq informing them that the US will hold liable all corrupt persons that stole money belonging to the citizens. This message was broadcast on the big screens to calm the crowd.
11-17-2019 Intel Guru Delta Article: "The sale of dollars in the central bank stopped blocking the arrival of large fake funds to Iran" ...VERY HUGE ...THEY ARE SAYING THAT CBI STOP SELLING DOLLARS AND NEW MEASURES ...THE ONLY WAY THEY CAN STOP THE AUCTION IF THEY CHANGE THE RATE.... IMO THIS WEEK MIGHT BE IT ...WE SHOULD FIND OUT IN THE NEXT 24-48 HRS THE NEXT MOVE FOR CBI..
11-17-2019 Newshound/Intel Guru Randy Koonce ...Iraq is NOT going to do a LOP. Forget any talk about a LOP... The unrest in Iraq is not a factor in when this is going to be released. It is not going to stop it, and President Trump recognizes that the only way to stop the unrest...Is to release the RV. He's working on it!! Know that!! The controlling factor in when this is going to happen is the US. Nothing else matters. US!! Period. [post 4 of 4]
11-17-2019 Newshound/Intel Guru Randy Koonce ...What I know for a fact is that President Trump is trying to get this released, in spite of tremendous opposition from the Democrats, who do not want this to happen. The reason for the 'extended' window is because of our current political environment. ...This is a currency, whose value prior to the Iraqi war was worth $2.65. It will be worth that again, and more because there are more assets in Iraq now than before. This is going to happen! The only question is when. [post 3 of 4....stay tuned]
11-17-2019 Newshound/Intel Guru Randy Koonce It is my understand that President Trump wants this done 'now'. But we do not know how long 'now' might take to complete. It is entirely possible that Thanksgiving 2019 could be one for the books. But, as we ALL have learned, things can change the direction of this in a heartbeat. So, while we have very good information right now, it is important that everyone remain grounded and focused on the long game. While we could have a lot to be thankful for at Thanksgiving this year, it also could be a New Year's to remember. ...at some point, in the very near future, we are going to have a lot for which to be very grateful. [post 2 of 4....stay tuned]
11-17-2019 Newshound/Intel Guru Randy Koonce ... None of us knew that the Dinar Days of our Lives was going to run this long!! ...none of us ever anticipated the political football this 'project' has become. There is an abundance of evidence that this 'event' should have taken place many years ago. But, here we are. Still punting the dinar football! The latest information that has come to me indicates that we are, once again, in a very hot window. This window is open as we speak, and will remain open and hot through the end of the year. Please pay attention!! Now. To the end of the year. And I am hoping 'sooner than later.' [post 1 of 4....stay tuned]
11-17-2019 Newshound Guru Jeff …we have seen more articles since July talking about article 140 and HCL more than we ever have in history. And those types of steps and actions would strongly confirm that we’re right on the edge of this. But like I said time is a factor…this is not a get rich overnight kind of thing...
11-17-2019 Intel Guru RayRen98 Iraq TV reports that halting the sale of the US dollar in the auctions by the CBI has ended millions of fake funds to Iran indicating that those funds could build 200 schools and 50 hospitals per year. Cheers of excitement were heard by the crowds of protestors as they watched the message on the big screens. The citizens are saying that this is a start and that they want a complete end of all auctions and to have accountability for the deaths and the disposition of the oil revenues. ...The US Secretary made statements to the people of Iraq informing them that the US will hold liable all corrupt persons that stole money belonging to the citizens. This message was broadcast on the big screens to calm the crowd.
11-17-2019 Intel Guru Delta Article: "The sale of dollars in the central bank stopped blocking the arrival of large fake funds to Iran" ...VERY HUGE ...THEY ARE SAYING THAT CBI STOP SELLING DOLLARS AND NEW MEASURES ...THE ONLY WAY THEY CAN STOP THE AUCTION IF THEY CHANGE THE RATE.... IMO THIS WEEK MIGHT BE IT ...WE SHOULD FIND OUT IN THE NEXT 24-48 HRS THE NEXT MOVE FOR CBI..
11-17-2019 Newshound/Intel Guru Randy Koonce ...Iraq is NOT going to do a LOP. Forget any talk about a LOP... The unrest in Iraq is not a factor in when this is going to be released. It is not going to stop it, and President Trump recognizes that the only way to stop the unrest...Is to release the RV. He's working on it!! Know that!! The controlling factor in when this is going to happen is the US. Nothing else matters. US!! Period. [post 4 of 4]
11-17-2019 Newshound/Intel Guru Randy Koonce ...What I know for a fact is that President Trump is trying to get this released, in spite of tremendous opposition from the Democrats, who do not want this to happen. The reason for the 'extended' window is because of our current political environment. ...This is a currency, whose value prior to the Iraqi war was worth $2.65. It will be worth that again, and more because there are more assets in Iraq now than before. This is going to happen! The only question is when. [post 3 of 4....stay tuned]
11-17-2019 Newshound/Intel Guru Randy Koonce It is my understand that President Trump wants this done 'now'. But we do not know how long 'now' might take to complete. It is entirely possible that Thanksgiving 2019 could be one for the books. But, as we ALL have learned, things can change the direction of this in a heartbeat. So, while we have very good information right now, it is important that everyone remain grounded and focused on the long game. While we could have a lot to be thankful for at Thanksgiving this year, it also could be a New Year's to remember. ...at some point, in the very near future, we are going to have a lot for which to be very grateful. [post 2 of 4....stay tuned]
11-17-2019 Newshound/Intel Guru Randy Koonce ... None of us knew that the Dinar Days of our Lives was going to run this long!! ...none of us ever anticipated the political football this 'project' has become. There is an abundance of evidence that this 'event' should have taken place many years ago. But, here we are. Still punting the dinar football! The latest information that has come to me indicates that we are, once again, in a very hot window. This window is open as we speak, and will remain open and hot through the end of the year. Please pay attention!! Now. To the end of the year. And I am hoping 'sooner than later.' [post 1 of 4....stay tuned]
11-17-2019 Newshound Guru Jeff …we have seen more articles since July talking about article 140 and HCL more than we ever have in history. And those types of steps and actions would strongly confirm that we’re right on the edge of this. But like I said time is a factor…this is not a get rich overnight kind of thing...
11-16-2019 Newshound/Intel Guru RVAlready I see this driven to quick conclusion by at least 3 drivers: Iraq protestors need an RV, imminent implosion of fed fiat money system, and possible implosion of derivatives market. We shall see what the future brings. Hopefully, an RV - and soon.
11-16-2019 Newshound Guru Jeff …what Iraq is showing you through their actions is they are waiting on something for the rate change. They’re waiting as you and I are. Their actions show you that. What are they waiting on? Who’s in charge? That’s real easy. Look at who’s throwing their power around. Look at who’s doing the most…who shed blood for Iraq? Who poured trillions of dollars into Iraq? Who’s flexing their muscles around the world? …It’s Donald Trump’s in charge of the timing of the rate change and I promise you he has an agenda…
11-16-2019 Newshound Guru larryk I fine it funny how some gurus are saying this will happen any day now. But if you look at what is going on , I doubt that will happen.
11-16-2019 Newshound/Intel Guru Mnt Goat Article: "THE FILE AUCTION CURRENCY OF THE MOST CORRUPT FILES IN IRAQ" ...so here we hear the same old, same old, same old complaining about the currency auctions and how much money is being stolen from the Iraqi people. Can you see why now the protestors are demanding these auctions to end? Will they get their demands met? To me it seems they MUST get their demands met and this is one of the critical demands. Remember this demand was on their FIRST list of demands.
11-16-2019 Newshound Guru Kaperoni In order for the dinar to appreciate in value the CBI needs a reason to raise the value. That reason is an increase in GDP, and inflationary pressure created from significant investment capital. Only then will the CBI move off the peg and allow the dinar to rise via a float.
11-16-2019 Intel Guru Bruce [via WiserNow] ...Now, you know we can’t call it and we’re not going to do that but I am very positive about what I received today and the sources that I got it from are very very strong - so we feel good about this...I just think we are finally at the point where all the currencies have been migrated - from the back screen and front screens – rates are solid... so I think we are finally at the precipice where we are ready to make that leap...So, I want to say guys that we are pretty much from what I can tell and from what I’m hearing and what I am expecting at the end of this incredible journey...
11-16-2019 Newshound Guru Jeff …what Iraq is showing you through their actions is they are waiting on something for the rate change. They’re waiting as you and I are. Their actions show you that. What are they waiting on? Who’s in charge? That’s real easy. Look at who’s throwing their power around. Look at who’s doing the most…who shed blood for Iraq? Who poured trillions of dollars into Iraq? Who’s flexing their muscles around the world? …It’s Donald Trump’s in charge of the timing of the rate change and I promise you he has an agenda…
11-16-2019 Newshound Guru larryk I fine it funny how some gurus are saying this will happen any day now. But if you look at what is going on , I doubt that will happen.
11-16-2019 Newshound/Intel Guru Mnt Goat Article: "THE FILE AUCTION CURRENCY OF THE MOST CORRUPT FILES IN IRAQ" ...so here we hear the same old, same old, same old complaining about the currency auctions and how much money is being stolen from the Iraqi people. Can you see why now the protestors are demanding these auctions to end? Will they get their demands met? To me it seems they MUST get their demands met and this is one of the critical demands. Remember this demand was on their FIRST list of demands.
11-16-2019 Newshound Guru Kaperoni In order for the dinar to appreciate in value the CBI needs a reason to raise the value. That reason is an increase in GDP, and inflationary pressure created from significant investment capital. Only then will the CBI move off the peg and allow the dinar to rise via a float.
11-16-2019 Intel Guru Bruce [via WiserNow] ...Now, you know we can’t call it and we’re not going to do that but I am very positive about what I received today and the sources that I got it from are very very strong - so we feel good about this...I just think we are finally at the point where all the currencies have been migrated - from the back screen and front screens – rates are solid... so I think we are finally at the precipice where we are ready to make that leap...So, I want to say guys that we are pretty much from what I can tell and from what I’m hearing and what I am expecting at the end of this incredible journey...
11-15-2019 Intel Guru Delta [Security and stability for the reinstatement] THIS TIME IS THE OTHER WAY AROUND...REINSTATEMENT FOR SECURITY AND STABILITY...CBI IS MOVING FORWARD AND IMO NEXT WEEK SHOULD BE SOOOOOOOO HOT...
11-15-2019 Intel Guru MarkZ [via PDK] [Do you expect 800 numbers by this weekend?] Based on overseas appointments, sources and intel…i hope we see them by tomorrow. Redemption Center people...are usually just on call during the weekend…but this weekend they are told they will be working...I take that as a very good sign. I am looking for a very busy weekend... I still think we are in a golden spot, in a perfect storm for this to happen at anytime. IMO.
11-15-2019 Newshound/Intel Guru Mnt Goat ...this currency auctions reform is not going to go away either unless they address it and do it very soon. No- they don’t need the protesting to end prior to ending the currency auctions. All they need to so is continue with the project to delete the zeros, pop out the new promised rate and move forward with the reinstatement. Certainly pressure from the US is going to let them do it now. [post 2 of 2]
11-15-2019 Newshound/Intel Guru Mnt Goat Article: "UN EFFORTS TO PRESS THE GOVERNMENT TO ADOPT MAJOR REFORMS WITHIN THREE MONTHS TO FACE THE PROTESTS" Just so you know…stopping the currency auctions is one of these “major” reforms they are talking about [in] this article... They can give money to housing units that are unfinished and even improve roads, etc,, but this one they can’t escape. Seems so far, all the “reforms” they promised are like bribes just to shut the protestors up...Oh – but it’s not going to work this time. [post 1 of 2....stay tuned]
11-15-2019 Newshound Guru Vital Brad IMO Iraq’s currency, they’re gonna come out of their war torn status. They’re working on it and their currency will be reinstated…we’re in an amazing position. Come second quarter next year. I’m feeling really good about that time frame.
11-15-2019 Intel Guru Frank26 [via Iobey777] LET'SEE WHAT HAPPENS ON THE WEEKEND...NEXT WEEK I SEE THAT GOV'T COMPLETELY STRIPPED...THIS WEEKEND, I SEE THE CBI TALKING... IMO...I'VE ALWAYS TOLD YOU IT WOULD BE ON A SUNDAY...REMEMBER I TOLD YOU THAT A LONG TIME AGO...SO IF SUNDAY COMES AND ALL THE BANKS ARE CLOSED..THEN MONDAY WOULD BE THE LOGICAL TIME TO MAKE AN ANNOUNCEMENT...WE'LL SEE WHAT HAPPENS...
11-15-2019 Intel Guru MarkZ [via PDK] [Do you expect 800 numbers by this weekend?] Based on overseas appointments, sources and intel…i hope we see them by tomorrow. Redemption Center people...are usually just on call during the weekend…but this weekend they are told they will be working...I take that as a very good sign. I am looking for a very busy weekend... I still think we are in a golden spot, in a perfect storm for this to happen at anytime. IMO.
11-15-2019 Newshound/Intel Guru Mnt Goat ...this currency auctions reform is not going to go away either unless they address it and do it very soon. No- they don’t need the protesting to end prior to ending the currency auctions. All they need to so is continue with the project to delete the zeros, pop out the new promised rate and move forward with the reinstatement. Certainly pressure from the US is going to let them do it now. [post 2 of 2]
11-15-2019 Newshound/Intel Guru Mnt Goat Article: "UN EFFORTS TO PRESS THE GOVERNMENT TO ADOPT MAJOR REFORMS WITHIN THREE MONTHS TO FACE THE PROTESTS" Just so you know…stopping the currency auctions is one of these “major” reforms they are talking about [in] this article... They can give money to housing units that are unfinished and even improve roads, etc,, but this one they can’t escape. Seems so far, all the “reforms” they promised are like bribes just to shut the protestors up...Oh – but it’s not going to work this time. [post 1 of 2....stay tuned]
11-15-2019 Newshound Guru Vital Brad IMO Iraq’s currency, they’re gonna come out of their war torn status. They’re working on it and their currency will be reinstated…we’re in an amazing position. Come second quarter next year. I’m feeling really good about that time frame.
11-15-2019 Intel Guru Frank26 [via Iobey777] LET'SEE WHAT HAPPENS ON THE WEEKEND...NEXT WEEK I SEE THAT GOV'T COMPLETELY STRIPPED...THIS WEEKEND, I SEE THE CBI TALKING... IMO...I'VE ALWAYS TOLD YOU IT WOULD BE ON A SUNDAY...REMEMBER I TOLD YOU THAT A LONG TIME AGO...SO IF SUNDAY COMES AND ALL THE BANKS ARE CLOSED..THEN MONDAY WOULD BE THE LOGICAL TIME TO MAKE AN ANNOUNCEMENT...WE'LL SEE WHAT HAPPENS...
11-14-2019 Intel Guru MarkZ [Will the banks take a fee for exchanging us?] I hear that the fee is already built into the exchange... pre-negotiated...and we won’t even see it on our end…
11-14-2019 Newshound/Intel Guru RVAlready IMO, CBI needs to implement the RV and stop the auctions right away. Then they can hold elections and replace the corrupt.
11-14-2019 Intel Guru Frank26 There are meetings going on and they’re very powerful meetings and they’re continuous meetings and they are the right meetings. The IMF, US Treasury and the CBI are in constant communication within the last few days. They have small delegations that represent both sides, talk, and then they meet again…the links are all meeting up very nicely…it’s a constant thing we’ve been seeing over the last few days…
11-14-2019 Intel Guru MarkZ The news is all over the place…but imo it’s all good...I believe we are absolutely in the middle of the exchange process. We just do not know what the entire process is…My Redemption contacts today believe...800 numbers late this evening...It is all coming together guys…we are in the perfect window...
11-14-2019 Newshound Guru Jeff Article “Sources talk about the formation of the first Iraqi government without parties” …Mahdi’s gonna replace the entire cabinet between now through December with non-biased parties… Quote “Mahdi is about to announce a cabinet reshuffle for his entire cabinet…all new faces do not belong to any party…the cabinet includes many young graduates and three women. Mahdi plans to submit the names to parliament in three stages. The last of which will end in early December…”
11-14-2019 Newshound/Intel Guru Mnt Goat Demonstrators in Tahrir Square in central Baghdad on Wednesday issued a statement calling for a million-strong demonstration on Friday Nov 15th and the dismissal of the government of "snipers" in reference to the government of Iraq and the shooting of innocent civilians. ...so here we sit and more than a month already of protesting. Like I told everyone the protestors are only going to get stronger and stronger as time passed if reforms are not completed according to their demands.
11-14-2019 Newshound/Intel Guru RVAlready IMO, CBI needs to implement the RV and stop the auctions right away. Then they can hold elections and replace the corrupt.
11-14-2019 Intel Guru Frank26 There are meetings going on and they’re very powerful meetings and they’re continuous meetings and they are the right meetings. The IMF, US Treasury and the CBI are in constant communication within the last few days. They have small delegations that represent both sides, talk, and then they meet again…the links are all meeting up very nicely…it’s a constant thing we’ve been seeing over the last few days…
11-14-2019 Intel Guru MarkZ The news is all over the place…but imo it’s all good...I believe we are absolutely in the middle of the exchange process. We just do not know what the entire process is…My Redemption contacts today believe...800 numbers late this evening...It is all coming together guys…we are in the perfect window...
11-14-2019 Newshound Guru Jeff Article “Sources talk about the formation of the first Iraqi government without parties” …Mahdi’s gonna replace the entire cabinet between now through December with non-biased parties… Quote “Mahdi is about to announce a cabinet reshuffle for his entire cabinet…all new faces do not belong to any party…the cabinet includes many young graduates and three women. Mahdi plans to submit the names to parliament in three stages. The last of which will end in early December…”
11-14-2019 Newshound/Intel Guru Mnt Goat Demonstrators in Tahrir Square in central Baghdad on Wednesday issued a statement calling for a million-strong demonstration on Friday Nov 15th and the dismissal of the government of "snipers" in reference to the government of Iraq and the shooting of innocent civilians. ...so here we sit and more than a month already of protesting. Like I told everyone the protestors are only going to get stronger and stronger as time passed if reforms are not completed according to their demands.
11-13-2019 Intel Guru Frank26 IMO there is only so much time left for what I call a ‘receipts schedule’…watch once again but this time watch the reinstatement and the CBI travel at a much faster speed than we have ever seen…this receipt schedule is not a piece of paper. It’s a date. Were the lower denoms delivered? Oh, hell yes! IMO they were delivered…Allaq is still pounding for a suitable environment…watch the speed of return…
11-13-2019 Intel Guru MarkZ [via PDK] [What happened to China taking over?] I think they are very much at the helm…but not completely taken over…they still need the US…. and that’s why things are moving now... At redemption centers…they are ramped up and expecting a long weekend of exchanging folks. I really think we are going to see it in the next few days at our level. Noone knows the exact date...all we can do is guess based on sources, intel and world news.
11-13-2019 Newshound Guru Adam Montana The good news is that I see lots of good reasons to come back with more updates before next Wednesday... It looks like the protest situation is coming to a head, all while budgetary and other government issues are also moving forward. The US is putting pressure on Iraq to do something about the protests, which really means the US is putting pressure on Iraq to get their butts in gear...the Iraqis are grumbling about "US interference", but the fact of the matter is this: if the US is putting pressure on them, they are going to do something. And they are going to do something that moves Iraq in the direction we want, and it's not going to drag out forever. Personally, I see that as a positive sign and I'm looking forward to the next week... We are looking at a positive situation, friends. I'll be back with more as it develops - hopefully even before the weekend, if the rumors I'm hearing are correct. This can all come to a head very quickly.
11-13-2019 Intel Gurus Walkingstick & Frank26 A ultimatum has been issued. A warning to Mahdi from the United Nations…that within the next couple of days-weeks to meet all the demands of the protesters and stop firing on them because “daddy” is home. ‘Hey, elite Iranian forces make our day because our troops are watching every move you make as of now.’ …[Guru Walkingstick] You know who is asking the United Nations to do this? We are. No Sir. It’s the Iraqi people. [Guru] Frank you understand the importance of that? We’re not infidels we’re heroes. This is brilliant! …this is very unique because they are asking us to come into their country and that has not happened since God knows when…
11-13-2019 Newshound Guru Vital Brad ...parliament met on Sunday and passed new election laws…it lowers the age to be president down to 25 and lowered the number of house of representatives…they want to get the corrupt government [out]…There was still a lot of protesters blocking roads, blocking bridges. They’re still not happy. Nothing really happened to change their circumstances…There’s a lot in the dinar community that believe this revaluation is gonna happen any time now and that’s the key that these Iraq people are wanting and missing is some wealth. They’ve been stripped of everything since the war…if their currency was reinstated that would change everything…some people are saying November is a very good window for this to happen and they’ve met all the requirements so realistically it could happen any time…
11-13-2019 Intel Guru Frank26 IMO an ultimatum has been given to Mahdi because as of Sunday United States troops are now in Iraq in strategic positions providing security. They are starting in the green zone and they are also protecting the banks in the green zone. They’re protecting the CBI. The troops are also doing one other thing. Protecting the citizens of Iraq…U.S. troops are looking at Mahdi. Looking at Mahdi’s forces to keep them in check…So he [Trump] moved the troops like a chess piece…Mahdi you had a chance and blew it. Now we’re going to give you one more chance. Give those people what they are asking for. NOW.
11-13-2019 Newshound Guru Jeff Article “Secretariat of Council of Ministers: Adding allocations for reform packages to the budget of 2020 without moving the doors” …I have an article that tells you the reforms are in the 2020 budget. That’s huge…remember most of the major reforms are post rate change steps…notice how I told you the rate cannot change until after the 2020 budget because of what’s inside of it. This is huge. I hope you’re seeing how important the 2020 budget is…they’re telling you from many different angles how important this budget is and how much post rate change money is inside the 2020 budget.
11-13-2019 Intel Guru MarkZ [via PDK] [What happened to China taking over?] I think they are very much at the helm…but not completely taken over…they still need the US…. and that’s why things are moving now... At redemption centers…they are ramped up and expecting a long weekend of exchanging folks. I really think we are going to see it in the next few days at our level. Noone knows the exact date...all we can do is guess based on sources, intel and world news.
11-13-2019 Newshound Guru Adam Montana The good news is that I see lots of good reasons to come back with more updates before next Wednesday... It looks like the protest situation is coming to a head, all while budgetary and other government issues are also moving forward. The US is putting pressure on Iraq to do something about the protests, which really means the US is putting pressure on Iraq to get their butts in gear...the Iraqis are grumbling about "US interference", but the fact of the matter is this: if the US is putting pressure on them, they are going to do something. And they are going to do something that moves Iraq in the direction we want, and it's not going to drag out forever. Personally, I see that as a positive sign and I'm looking forward to the next week... We are looking at a positive situation, friends. I'll be back with more as it develops - hopefully even before the weekend, if the rumors I'm hearing are correct. This can all come to a head very quickly.
11-13-2019 Intel Gurus Walkingstick & Frank26 A ultimatum has been issued. A warning to Mahdi from the United Nations…that within the next couple of days-weeks to meet all the demands of the protesters and stop firing on them because “daddy” is home. ‘Hey, elite Iranian forces make our day because our troops are watching every move you make as of now.’ …[Guru Walkingstick] You know who is asking the United Nations to do this? We are. No Sir. It’s the Iraqi people. [Guru] Frank you understand the importance of that? We’re not infidels we’re heroes. This is brilliant! …this is very unique because they are asking us to come into their country and that has not happened since God knows when…
11-13-2019 Newshound Guru Vital Brad ...parliament met on Sunday and passed new election laws…it lowers the age to be president down to 25 and lowered the number of house of representatives…they want to get the corrupt government [out]…There was still a lot of protesters blocking roads, blocking bridges. They’re still not happy. Nothing really happened to change their circumstances…There’s a lot in the dinar community that believe this revaluation is gonna happen any time now and that’s the key that these Iraq people are wanting and missing is some wealth. They’ve been stripped of everything since the war…if their currency was reinstated that would change everything…some people are saying November is a very good window for this to happen and they’ve met all the requirements so realistically it could happen any time…
11-13-2019 Intel Guru Frank26 IMO an ultimatum has been given to Mahdi because as of Sunday United States troops are now in Iraq in strategic positions providing security. They are starting in the green zone and they are also protecting the banks in the green zone. They’re protecting the CBI. The troops are also doing one other thing. Protecting the citizens of Iraq…U.S. troops are looking at Mahdi. Looking at Mahdi’s forces to keep them in check…So he [Trump] moved the troops like a chess piece…Mahdi you had a chance and blew it. Now we’re going to give you one more chance. Give those people what they are asking for. NOW.
11-13-2019 Newshound Guru Jeff Article “Secretariat of Council of Ministers: Adding allocations for reform packages to the budget of 2020 without moving the doors” …I have an article that tells you the reforms are in the 2020 budget. That’s huge…remember most of the major reforms are post rate change steps…notice how I told you the rate cannot change until after the 2020 budget because of what’s inside of it. This is huge. I hope you’re seeing how important the 2020 budget is…they’re telling you from many different angles how important this budget is and how much post rate change money is inside the 2020 budget.
11-13-2019 *** Dinar Guru Dinar Rate UPDATE *** Yesterday's CBI rate update has the official exchange rate back within 2% of the market rate! The rates were outside of the "2% rule" for 3 days. [Reference Dinar Guru Update on 11-11-2019 below for details]. It's unclear if 3 days is enough to knock the dinar out of compliance or not. At this point the gurus don't know if the IMF rules require a daily "within 2% spread" for compliance or if it's based on a weekly or monthly average. The dinar has been in compliance for over a year in a half before this 3 day slide. Stay tuned as the gurus chime in on how all this works and the significance of this dinar development. [You can always see the latest CBI reported market and official rate on the left of this page.] The latest guru post will continue below...
11-12-2019 Intel Guru MarkZ [via PDK] We are still being told the currencies we have will all be in the first basket... The big winners I am told of course are iran, Iraq, Indonisia, VND and Zim...According to all my banking sources we have been on the verge of “go” all day…this is from all of my banking sources…the expectation was it should have been out the door this morning but due to a security concern at one location…it wasn’t. They were just told they could go home tonight…but be on standby to come back in...We are on a minute to minute watch right now.
11-12-2019 Intel Guru Frank26 …some guru told you that they’re off of compliance by 2%. Look, I’m sorry, ye of little knowledge. The 2% compliance can fluctuate plus or minus even up to about 3 days in both directions. So about a week of fluctuations is normal…the auctions did the same thing but they came back very quickly. No problems…as far as redoing the compliance for 90 days that’s guru BS. Even under these circumstances of demonstrations and killings the CBI was still able to keep the exchange rate stable. That’s important…do you think they have proved to the IMF that they can maintain a 2% compliance variance? Of course they can. Just because they went off the 2% for a day or two that doesn’t mean anything. They’re not gonna have to start over…
11-12-2019 Intel/Newshound Guru tman23 I posted, early October that I was told November 13 was said ... planned to be the biggest movement of wealth in world history... I also didn’t want to tie it to dinar but was hopeful that the possibility existed... I wait to see what happens tomorrow too...but only reason I posted it is ... very credible person and it wasn’t dinar related... I’m hoping for everyone that there is a connection.
11-12-2019 Newshound/Intel Guru Mnt Goat Article quote: "Iraqi Prime Minister Adel Abdul Mahdi said on last Tuesday his government would not respond to demonstrators’ demands to resign without a “smooth and swift” alternative." ...the prime minister of Iraq Mahdi, has not left his position... The recent news from Iraq told us Mahdi would and could accept a peaceful transition to a new PM for the sake of keep law and order...Mahdi also spelled out the conditions under which he would resign...Then Mutada al-Sadr has even come out and said he would prefer NOT to hold re-elections...But you can see the frustration of the demonstrators and why they might want this resignation as an alternative to what they now have...But he is NOT the real cause of Iranian influence in Iraq.
11-12-2019 Newshound Guru chattels Article: "BAGHDAD/ NINA/The exchange rate of the dollar fell on the stock market struggle and local markets today." Quote: "Selling and buying prices in banking shops: selling price of the dollar = 121.750 dinars. The purchase price of the dollar = 120.250 dinars" "selling price of the dollar = 121.750 dinars" is not in compliance with the 2% variance calculation between the market rate and the official rate. [You can always see the latest CBI reported market and official rate on the left of this page.]
11-12-2019 Newshound Guru Jeff Yesterday Iraq’s parliament completed the Election Law. That’s the first real step that they’ve actually been able to complete in the way of reforms for the citizens due to the demonstrations. What they’ve done through the Election Law is it only pertains to their Parliament. They’ve reduced the number of seats from 329 down to 213 seats within parliament and they’ve reduced the age of nominees down to 25. Overall that’s going to work to satisfy the demonstrators to a small extent. They’re calling this reforms. In a way it’s kind of sad but this so far is the best item that they have actually been able to offer…you can clearly see their [parliament and the GOI] hands are tied and they’re waiting on that rate change...
11-12-2019 Intel Guru MarkZ [via PDK] [When would it best help Trump politically to release GCR— Seems pre-Christmas shopping period is prime time for boosting economy with GCR...] I agree that NOW is the Prime Time to release it
11-12-2019 Intel Guru Frank26 …some guru told you that they’re off of compliance by 2%. Look, I’m sorry, ye of little knowledge. The 2% compliance can fluctuate plus or minus even up to about 3 days in both directions. So about a week of fluctuations is normal…the auctions did the same thing but they came back very quickly. No problems…as far as redoing the compliance for 90 days that’s guru BS. Even under these circumstances of demonstrations and killings the CBI was still able to keep the exchange rate stable. That’s important…do you think they have proved to the IMF that they can maintain a 2% compliance variance? Of course they can. Just because they went off the 2% for a day or two that doesn’t mean anything. They’re not gonna have to start over…
11-12-2019 Intel/Newshound Guru tman23 I posted, early October that I was told November 13 was said ... planned to be the biggest movement of wealth in world history... I also didn’t want to tie it to dinar but was hopeful that the possibility existed... I wait to see what happens tomorrow too...but only reason I posted it is ... very credible person and it wasn’t dinar related... I’m hoping for everyone that there is a connection.
11-12-2019 Newshound/Intel Guru Mnt Goat Article quote: "Iraqi Prime Minister Adel Abdul Mahdi said on last Tuesday his government would not respond to demonstrators’ demands to resign without a “smooth and swift” alternative." ...the prime minister of Iraq Mahdi, has not left his position... The recent news from Iraq told us Mahdi would and could accept a peaceful transition to a new PM for the sake of keep law and order...Mahdi also spelled out the conditions under which he would resign...Then Mutada al-Sadr has even come out and said he would prefer NOT to hold re-elections...But you can see the frustration of the demonstrators and why they might want this resignation as an alternative to what they now have...But he is NOT the real cause of Iranian influence in Iraq.
11-12-2019 Newshound Guru chattels Article: "BAGHDAD/ NINA/The exchange rate of the dollar fell on the stock market struggle and local markets today." Quote: "Selling and buying prices in banking shops: selling price of the dollar = 121.750 dinars. The purchase price of the dollar = 120.250 dinars" "selling price of the dollar = 121.750 dinars" is not in compliance with the 2% variance calculation between the market rate and the official rate. [You can always see the latest CBI reported market and official rate on the left of this page.]
11-12-2019 Newshound Guru Jeff Yesterday Iraq’s parliament completed the Election Law. That’s the first real step that they’ve actually been able to complete in the way of reforms for the citizens due to the demonstrations. What they’ve done through the Election Law is it only pertains to their Parliament. They’ve reduced the number of seats from 329 down to 213 seats within parliament and they’ve reduced the age of nominees down to 25. Overall that’s going to work to satisfy the demonstrators to a small extent. They’re calling this reforms. In a way it’s kind of sad but this so far is the best item that they have actually been able to offer…you can clearly see their [parliament and the GOI] hands are tied and they’re waiting on that rate change...
11-12-2019 Intel Guru MarkZ [via PDK] [When would it best help Trump politically to release GCR— Seems pre-Christmas shopping period is prime time for boosting economy with GCR...] I agree that NOW is the Prime Time to release it
11-11-2019 **** Dinar Guru Update **** Guru Kaperoni's report has now been confirmed by the official rates reported by Central Bank of Iraq. It appears the market rate and the official rate for the Iraqi dinar are now out of compliance with the IMF "2% rule". This rule requires the market rate to remain within 2% of the official rate for 90 days before the dinar can be considered for Article VIII. Kaperoni and other gurus believe Article VIII brings international banking acceptance. The last report has the two rates are ~2.3% apart. It's unclear if the IMF rules require a daily "within 2% spread compliance" or if it's based on a weekly or monthly average. The dinar has been in compliance for over a year in a half. Stay tuned as the gurus chime in on the significance of this dinar development. [You can always see the latest CBI reported market and official rate on the left of this page.] The latest guru post will continue below...
11-11-2019 Intel Guru Delta ...IQD EXCHANGE RATE IN MARKET IS DROPPING LIKE BEFORE. IT WAS...1218. NOW 20 MINUTES AGO...1205-1207 IQD PER $ ...GOOD JOB CBI... [Where is this info Delta? I can't find it.] FROM IRAQI MARKET...YOU WILL SEE IT PROBABLY LATER TODAY. [Note the official CBI market rate has not updated yet ...You can see the official CBI market rate on the left side of this page.]
11-11-2019 Newshound/Intel Guru Mnt Goat ...As investors we should not be in such a hurry to see Mahdi go. Think, think, think of the negative as well as the positive ramifications. Mahdi resigning is NOT a good thing. It could lead to yet another vacuum and only make things worse for Iraq and us investors. Do you want the RV sooner than later?...
11-11-2019 Intel Guru MarkZ [via PDK] [Any news on rates for the dong.] Hearing that the rates is still rumored to be around .45 for street/in-country rate and up to $2 or so for the contract rate.
11-11-2019 Newshound Guru MilitiaMan The MR's have to get done...And now that appears to be the case they will...don't let the GOI issues reflect against the CBI. My view is Mahdi and the Finance Minister may have finally given Alaq the green light... They cannot afford to lose control of the internal fluctuations in the exchange rate going south any more than what it has. So all things interlinked imo bodes so very well for us..imo. [post 2 of 2]
11-11-2019 Newshound Guru MilitiaMan The Finance Minister, Alaq and Mahdi in the same room for what? We all know what the implications are. They are talking money and how that will effect the demands of the citizens and their purchasing power...imo. The timing of it is no coincidence imo...The CBI probably told the Finance Minister and Mahdi to get the lead out...they all know that this should have been done a along time ago...and now they apparently know they painted them selves into a corner and the demonstrations proved it. [post 1 of 2....stay tuned]
11-11-2019 Intel Guru MarkZ [via PDK] I have people all over the world…Zurich, Hong Kong and Reno are all positioned and expecting to go in today…they also expect us to see 800 numbers sometime today or tomorrow. Yesterday Iraq was supposed to vote on the HCL bill…I have been unable to verify if they did yet. Dinar rumored rate is $3.91 to $4 in-country ...$8to $8.20 Contract rate is the most consistent rumor I am hearing. [...do you really think we will see this in November?] I thought we would see it in October... I think it could happen at anytime according to sources…
11-11-2019 Newshound/Intel Guru RVAlready As the RV cannot be announced in advance, the info you are looking for will not be announced in advance. We will probably know nothing until 800 numbers are released. Or until CBI makes a public announcement.
11-11-2019 Newshound Guru Jeff …They’re putting the last piece of the puzzle together which is that 2020 budget. Now who’s in charge? The person in charge is going to have an agenda. And how does this benefit them? …who poured trillions of dollars into Iraq? Who shed blood for Iraq? …Donald Trump must be in charge. What’s his agenda? How does he gain from this? Well he is rerunning for president. What’s his political theme? …A strong economy…the revaluation just injects billions of dollars into our pockets and back into our economy that promotes Trump…
11-11-2019 Newshound Guru MilitiaMan Article: "Parliamentary Economic: The 2020 budget includes unprecedented reform clauses" I like the way they translate things... lol... The incomplete budget law for 2020 until now...In other words it is now complete. I'll bet the meeting with the KRI talking about PERMANENT REVENUE SHARING could fall under the category of unprecedented reform clauses,e.e., read HCL...My best guess is it is apart of it. The now completed 2020 Budget was scheduled to be completed with out disruption. Imagine that? Wow! From the sounds of things the attendance was stellar today... Many things lining up and even in some areas cooling off...imo..
11-11-2019 Newshound/Intel Guru Mnt Goat ...As investors we should not be in such a hurry to see Mahdi go. Think, think, think of the negative as well as the positive ramifications. Mahdi resigning is NOT a good thing. It could lead to yet another vacuum and only make things worse for Iraq and us investors. Do you want the RV sooner than later?...
11-11-2019 Intel Guru MarkZ [via PDK] [Any news on rates for the dong.] Hearing that the rates is still rumored to be around .45 for street/in-country rate and up to $2 or so for the contract rate.
11-11-2019 Newshound Guru MilitiaMan The MR's have to get done...And now that appears to be the case they will...don't let the GOI issues reflect against the CBI. My view is Mahdi and the Finance Minister may have finally given Alaq the green light... They cannot afford to lose control of the internal fluctuations in the exchange rate going south any more than what it has. So all things interlinked imo bodes so very well for us..imo. [post 2 of 2]
11-11-2019 Newshound Guru MilitiaMan The Finance Minister, Alaq and Mahdi in the same room for what? We all know what the implications are. They are talking money and how that will effect the demands of the citizens and their purchasing power...imo. The timing of it is no coincidence imo...The CBI probably told the Finance Minister and Mahdi to get the lead out...they all know that this should have been done a along time ago...and now they apparently know they painted them selves into a corner and the demonstrations proved it. [post 1 of 2....stay tuned]
11-11-2019 Intel Guru MarkZ [via PDK] I have people all over the world…Zurich, Hong Kong and Reno are all positioned and expecting to go in today…they also expect us to see 800 numbers sometime today or tomorrow. Yesterday Iraq was supposed to vote on the HCL bill…I have been unable to verify if they did yet. Dinar rumored rate is $3.91 to $4 in-country ...$8to $8.20 Contract rate is the most consistent rumor I am hearing. [...do you really think we will see this in November?] I thought we would see it in October... I think it could happen at anytime according to sources…
11-11-2019 Newshound/Intel Guru RVAlready As the RV cannot be announced in advance, the info you are looking for will not be announced in advance. We will probably know nothing until 800 numbers are released. Or until CBI makes a public announcement.
11-11-2019 Newshound Guru Jeff …They’re putting the last piece of the puzzle together which is that 2020 budget. Now who’s in charge? The person in charge is going to have an agenda. And how does this benefit them? …who poured trillions of dollars into Iraq? Who shed blood for Iraq? …Donald Trump must be in charge. What’s his agenda? How does he gain from this? Well he is rerunning for president. What’s his political theme? …A strong economy…the revaluation just injects billions of dollars into our pockets and back into our economy that promotes Trump…
11-11-2019 Newshound Guru MilitiaMan Article: "Parliamentary Economic: The 2020 budget includes unprecedented reform clauses" I like the way they translate things... lol... The incomplete budget law for 2020 until now...In other words it is now complete. I'll bet the meeting with the KRI talking about PERMANENT REVENUE SHARING could fall under the category of unprecedented reform clauses,e.e., read HCL...My best guess is it is apart of it. The now completed 2020 Budget was scheduled to be completed with out disruption. Imagine that? Wow! From the sounds of things the attendance was stellar today... Many things lining up and even in some areas cooling off...imo..
11-10-2019 Intel Guru Frank26 ...in my opinion there’s only so much time left for what we call a receipt schedule therefore in my opinion now watch once again but this time WATCH...the reinstatement and the CBI travel at a much faster SPEED than we have ever seen...
11-10-2019 Intel Guru Delta [reference Guru Delta post 11-10-2019, below] ...LET ME EXPLAIN...THERE IS SOME REFORMS THAT WILL TAKE TIME BECAUSE THEY DEAL WITH CONSTITUTION. BUT AS FAR AS REFORM THAT DEAL WITH MONETARY POLICY WILL NOT TAKE THAT LONG...IMO...MR IS READY TO GO...
11-10-2019 Newshound Guru MilitiaMan Reforms are slated to be addressed as early as tomorrow... I'll be oh so very watchful over the next couple of days. I have not seen any postponement yet on the Fair. If you recall there is an annual conference in Great Britain on 12/08/2019 with many and more of the names above. If the Fair on the 11th is to be successful ahead of that one in GB, they'll need reforms in the bag by then for those attending on the 11th...We shall see. imo. [post 2 of 2]
11-10-2019 Newshound Guru MilitiaMan I am not sure there is the Baghdad Fair starting on Monday or not. They had it scheduled for the first and the put the 11th on the time line. ...Well there are some heavy hitters that were in the KRI (Kurdistan Region) talking business and what stands out are a few things. 1) Security, 2) Electricity, 3) Accounting and auditing, 4) PERMANENT REVENUE SHARING and they are to continue onto Baghdad. All of this during the demonstrations having been on going. Investors of the caliber they mention are GLOBAL... [post 1 of 2....stay tuned]
11-10-2019 Newshound Guru Kaperoni Latest CBI reporting on the Market Rate is 1218. This is as of Nov 6. No new updates yet. This number is out of compliance. Unofficial media today reports the spread as back in compliance. Keep an eye on the reported Market Rate as reported by the CBI... [You can always see the latest CBI reported market and official rate on the left of this page.]
11-10-2019 Intel Guru Delta ...ALAQ AND FINANCIAL MINISTER WITH MAHDI...IMO...GATE IS ABOUT TO OPEN...
11-10-2019 Newshound Guru Kaperoni [via Zig] [Kap,Can the CBI decide to float the currency without them being in Article 8 first?...] Yes. They can change exchange rate regimes anytime they want... But I don't expect them to get off the peg until they have significant capital coming in to invest... As for Article VIII if the IMF is going to be a stickler they could make them start over and wait 90 days once in compliance again... Because that is clearly in writing in the IMF charter that once you meet the 2% rule you have to hold it for 90 days... So if the spread is now what they say it is and the CBI reports it as such it appears we're in for a wait.
11-10-2019 Intel Guru Delta [reference Guru Delta post 11-10-2019, below] ...LET ME EXPLAIN...THERE IS SOME REFORMS THAT WILL TAKE TIME BECAUSE THEY DEAL WITH CONSTITUTION. BUT AS FAR AS REFORM THAT DEAL WITH MONETARY POLICY WILL NOT TAKE THAT LONG...IMO...MR IS READY TO GO...
11-10-2019 Newshound Guru MilitiaMan Reforms are slated to be addressed as early as tomorrow... I'll be oh so very watchful over the next couple of days. I have not seen any postponement yet on the Fair. If you recall there is an annual conference in Great Britain on 12/08/2019 with many and more of the names above. If the Fair on the 11th is to be successful ahead of that one in GB, they'll need reforms in the bag by then for those attending on the 11th...We shall see. imo. [post 2 of 2]
11-10-2019 Newshound Guru MilitiaMan I am not sure there is the Baghdad Fair starting on Monday or not. They had it scheduled for the first and the put the 11th on the time line. ...Well there are some heavy hitters that were in the KRI (Kurdistan Region) talking business and what stands out are a few things. 1) Security, 2) Electricity, 3) Accounting and auditing, 4) PERMANENT REVENUE SHARING and they are to continue onto Baghdad. All of this during the demonstrations having been on going. Investors of the caliber they mention are GLOBAL... [post 1 of 2....stay tuned]
11-10-2019 Newshound Guru Kaperoni Latest CBI reporting on the Market Rate is 1218. This is as of Nov 6. No new updates yet. This number is out of compliance. Unofficial media today reports the spread as back in compliance. Keep an eye on the reported Market Rate as reported by the CBI... [You can always see the latest CBI reported market and official rate on the left of this page.]
11-10-2019 Intel Guru Delta ...ALAQ AND FINANCIAL MINISTER WITH MAHDI...IMO...GATE IS ABOUT TO OPEN...
11-10-2019 Newshound Guru Kaperoni [via Zig] [Kap,Can the CBI decide to float the currency without them being in Article 8 first?...] Yes. They can change exchange rate regimes anytime they want... But I don't expect them to get off the peg until they have significant capital coming in to invest... As for Article VIII if the IMF is going to be a stickler they could make them start over and wait 90 days once in compliance again... Because that is clearly in writing in the IMF charter that once you meet the 2% rule you have to hold it for 90 days... So if the spread is now what they say it is and the CBI reports it as such it appears we're in for a wait.
11-9-2019 Newshound Guru Vital Brad …we hold Iraq’s currency. We want to see Iraq doing well. We want it. We don’t want to see protests. We don’t want to see violence. We want to see them standing on their own two feet. And they’re working through that. Change is happening. As their country improves and times goes on their currency is going to be an included world currency…
11-9-2019 Newshound/Intel Guru Mnt Goat ...They also need to convert the economy so that the banks could make revenue by other banking practices and ween off the currency auctions as their sole source of revenue... I will not get into the necessity to get rid of Iranian influence. ...So, here we sit and wait and wait. Will these demonstrations pan out for us investors? Will this finally be the breaking point of these corrupt officials to give up the currency? ...We can pray that this is the final straw that will break the camels back. [post 2 of 2]
11-9-2019 Newshound/Intel Guru Mnt Goat ...they know exactly what must get done but the corruption is so high in the government they can not ever execute on it at the level they need to make any real progress...So, my point is - they need to kick off the currency reform, get rid of the currency auctions and openly trade their currency on the global markets. They know it and we know it. So why has it not yet been done? It is way overdue! I don’t want to sound like a broken record but there are billions of $$$ being make off of NOT doing the currency reform. [post 1 of 2....stay tuned]
11-9-2019 Newshound Guru MilitiaMan Article: "The government agrees to open a consulate in the US state of 100,000 Iraqis" Quote: "The US State Department on Thursday approved the opening of a consulate-general in Texas to provide consular services to more than 100,000 Iraqis." Interesting there were many things associated to Iraq out of Texas, since I have been in this.. Currency comes to mind too. hmm.. I wonder if reforms to come will have much to do with this coming about?
11-9-2019 Intel Guru Frank26 ....seven times I think Allaq has come out in the last twenty-three days to talk to the citizens about the reinstatement of the Iraqi dinar and about lifting the zeros from their exchange rate, about the smaller notes…
11-9-2019 Newshound Guru Jeff Don’t forget I have strongly suggested to you that Donald Trump is definitely in charge of all this…It’s the US government that actually poured trillions of dollars into the country of Iraq and the US is the one that shed blood for Iraq. So really the U.S. is in charge not so much the IMF and World Bank. They may have a little say but not on timing. IMO the timing of this is all dictated and directed by the Trump Administration and I will promise you that he’s gonna use the timing of the rate change to benefit his political gain…seven to eight months before the US November elections…it’s all unfolding right before your eyes.
11-9-2019 Newshound/Intel Guru Mnt Goat ...They also need to convert the economy so that the banks could make revenue by other banking practices and ween off the currency auctions as their sole source of revenue... I will not get into the necessity to get rid of Iranian influence. ...So, here we sit and wait and wait. Will these demonstrations pan out for us investors? Will this finally be the breaking point of these corrupt officials to give up the currency? ...We can pray that this is the final straw that will break the camels back. [post 2 of 2]
11-9-2019 Newshound/Intel Guru Mnt Goat ...they know exactly what must get done but the corruption is so high in the government they can not ever execute on it at the level they need to make any real progress...So, my point is - they need to kick off the currency reform, get rid of the currency auctions and openly trade their currency on the global markets. They know it and we know it. So why has it not yet been done? It is way overdue! I don’t want to sound like a broken record but there are billions of $$$ being make off of NOT doing the currency reform. [post 1 of 2....stay tuned]
11-9-2019 Newshound Guru MilitiaMan Article: "The government agrees to open a consulate in the US state of 100,000 Iraqis" Quote: "The US State Department on Thursday approved the opening of a consulate-general in Texas to provide consular services to more than 100,000 Iraqis." Interesting there were many things associated to Iraq out of Texas, since I have been in this.. Currency comes to mind too. hmm.. I wonder if reforms to come will have much to do with this coming about?
11-9-2019 Intel Guru Frank26 ....seven times I think Allaq has come out in the last twenty-three days to talk to the citizens about the reinstatement of the Iraqi dinar and about lifting the zeros from their exchange rate, about the smaller notes…
11-9-2019 Newshound Guru Jeff Don’t forget I have strongly suggested to you that Donald Trump is definitely in charge of all this…It’s the US government that actually poured trillions of dollars into the country of Iraq and the US is the one that shed blood for Iraq. So really the U.S. is in charge not so much the IMF and World Bank. They may have a little say but not on timing. IMO the timing of this is all dictated and directed by the Trump Administration and I will promise you that he’s gonna use the timing of the rate change to benefit his political gain…seven to eight months before the US November elections…it’s all unfolding right before your eyes.
11-8-2019 Newshound Guru Vital Brad Article “Abdul Mahdi: We are working to find a budget capable of managing the economy correctly and increase the non-oil resources” …the nice things about the budget, when they put that out you can see the numbers and if there’s gonna be a rate change…then they may factor in funds at a different rate…
11-8-2019 Newshound Guru Kaperoni ...I've said it before if Iraq goes to a 1 to $1 rate overnight it's going to be a LOP. We obviously do not want to see that happen. What we do want to see happen is an increase in investment to coincide with the market economy causing inflationary pressure for the CBI to float the currency.
11-8-2019 Newshound Guru Vital Brad …some people are saying that, If we bought the currency at a Currency Dealer vs. got it at a Bank that one of them is not gonna be accepted. The currency, if you have valid currency, it was ran through a De La Rue machine. This is a specific machine and it can be verified if it’s authentic…there’s no way to differentiate whether you got it at the bank or whether you got it at a currency dealer...I think at some point in time the currency is gonna be reinstated…
11-8-2019 Newshound Guru Jeff …Parliament literally is not holding sessions and getting anything credible done because the things they need to do they can’t do until after the rate change…the current facts are telling us that at least right now the next thing we’re looking to see is the completion of the 2020 budget…my personal opinion that shortly after they finish the 2020 budget it’s game over. And the news is showing we probably don’t have anything else to wait for after they complete the 2020 budget. I firmly believe based on the current facts that that will be the last step before they indeed change the rate…
11-8-2019 Newshound Guru MilitiaMan They have been in sessions working on that very topic and again they speak of the 2020 budget being for the citizens and their demands. Those items are slated from now through this weekend...So, lets see how this next 24-72 hours plays out. My best view is they are still right on track with completion of reforms. ...A successful fair will set the stage!! The tools they have in the quiver to create success is the rate change!... [post 2 of 2]
11-8-2019 Newshound Guru MilitiaMan I feel there is still good reason to be very optimistic about a window we may be in...we have been told that the receipts of waiting have been issued, they have time lines with them. We have heard that the delivery of smalls has been done to date. ...The demonstrations have triggered the GOI to get the lead out... They extended the Baghdad Fair for ten days. Well that ten days is up on the 11th...Since we haven't seen another postponement yet in regard to that fair, I am assuming ("") that they have every intention on going forward with it...So, if they do have the Fair, it would seem that the final end of the reforms being an international rate has to be in the bag by now. [post 1 of 2....stay tuned]
11-8-2019 Newshound Guru Kaperoni ...I've said it before if Iraq goes to a 1 to $1 rate overnight it's going to be a LOP. We obviously do not want to see that happen. What we do want to see happen is an increase in investment to coincide with the market economy causing inflationary pressure for the CBI to float the currency.
11-8-2019 Newshound Guru Vital Brad …some people are saying that, If we bought the currency at a Currency Dealer vs. got it at a Bank that one of them is not gonna be accepted. The currency, if you have valid currency, it was ran through a De La Rue machine. This is a specific machine and it can be verified if it’s authentic…there’s no way to differentiate whether you got it at the bank or whether you got it at a currency dealer...I think at some point in time the currency is gonna be reinstated…
11-8-2019 Newshound Guru Jeff …Parliament literally is not holding sessions and getting anything credible done because the things they need to do they can’t do until after the rate change…the current facts are telling us that at least right now the next thing we’re looking to see is the completion of the 2020 budget…my personal opinion that shortly after they finish the 2020 budget it’s game over. And the news is showing we probably don’t have anything else to wait for after they complete the 2020 budget. I firmly believe based on the current facts that that will be the last step before they indeed change the rate…
11-8-2019 Newshound Guru MilitiaMan They have been in sessions working on that very topic and again they speak of the 2020 budget being for the citizens and their demands. Those items are slated from now through this weekend...So, lets see how this next 24-72 hours plays out. My best view is they are still right on track with completion of reforms. ...A successful fair will set the stage!! The tools they have in the quiver to create success is the rate change!... [post 2 of 2]
11-8-2019 Newshound Guru MilitiaMan I feel there is still good reason to be very optimistic about a window we may be in...we have been told that the receipts of waiting have been issued, they have time lines with them. We have heard that the delivery of smalls has been done to date. ...The demonstrations have triggered the GOI to get the lead out... They extended the Baghdad Fair for ten days. Well that ten days is up on the 11th...Since we haven't seen another postponement yet in regard to that fair, I am assuming ("") that they have every intention on going forward with it...So, if they do have the Fair, it would seem that the final end of the reforms being an international rate has to be in the bag by now. [post 1 of 2....stay tuned]
11-7-2019 Intel Guru MarkZ ...no one knew the exact timing of the release, but he himself was on a moment to moment basis. His contacts were reporting that the release was anywhere from it’s already done, to they were waiting for Sun. 10 Nov. when the Iraqi Parliament voted on HCL.
11-7-2019 Newshound/Intel Guru Mnt Goat Article: "IRAQI PRESIDENT BARHAM SALEH SAID ON THURSDAY THAT PRIME MINISTER ADEL ABDUL MAHDI HAD AGREED TO RESIGN" (FYI: but has not yet resigned) ...of course when this announcement was made on Thursday of Mahdi resignation, Iran has stepped in to try to prevent the ouster of Iraqi Prime Minister Abdel Abdul Mahdi by two of Iraq’s most influential figures amid weeks of anti-government demonstrations. Gee whiz who could these two “influential figures” be? Could they be Ameri and Maliki?
11-7-2019 Newshound Guru Kaperoni Looking at the auctions numbers today Iraq has fell out of 2% compliance. I would expect that means the CBI needs to start over, sustain it for another 90 days or more once back in compliance. No IMF Article VIII for a while unfortunately... [NOTE: The CBI's official market rate is still within 2% compliance. You can always see the official CBI rates on the left of this page...The CBI has not updated the market rate since 11/4]
11-7-2019 Newshound/Intel Guru Mnt Goat Article: "US CONGRESSIONAL DELEGATION VISITS IRAQ ON SUNDAY" remember the US still holds OPAC sanctions on Iraq. Iraq will need these to be lifted if the US is going to give permission to go.
11-7-2019 Intel Guru Frank26 …may I now suggest you watch President Trump get more involved in the Middle East…
11-7-2019 Newshound/Intel Guru Mnt Goat Article: "IRAQI PRESIDENT BARHAM SALEH SAID ON THURSDAY THAT PRIME MINISTER ADEL ABDUL MAHDI HAD AGREED TO RESIGN" (FYI: but has not yet resigned) ...of course when this announcement was made on Thursday of Mahdi resignation, Iran has stepped in to try to prevent the ouster of Iraqi Prime Minister Abdel Abdul Mahdi by two of Iraq’s most influential figures amid weeks of anti-government demonstrations. Gee whiz who could these two “influential figures” be? Could they be Ameri and Maliki?
11-7-2019 Newshound Guru Kaperoni Looking at the auctions numbers today Iraq has fell out of 2% compliance. I would expect that means the CBI needs to start over, sustain it for another 90 days or more once back in compliance. No IMF Article VIII for a while unfortunately... [NOTE: The CBI's official market rate is still within 2% compliance. You can always see the official CBI rates on the left of this page...The CBI has not updated the market rate since 11/4]
11-7-2019 Newshound/Intel Guru Mnt Goat Article: "US CONGRESSIONAL DELEGATION VISITS IRAQ ON SUNDAY" remember the US still holds OPAC sanctions on Iraq. Iraq will need these to be lifted if the US is going to give permission to go.
11-7-2019 Intel Guru Frank26 …may I now suggest you watch President Trump get more involved in the Middle East…
11-6-2019 Newshound/Intel Guru Mnt Goat Article: "RESIGNATION OF PRIME MINISTER ADEL ABDUL MAHDI WILL NOT AFFECT THE PASSAGE OF THE 2020 BUDGET" ...this is really good news. Seems the 2020 budget is being held up due to the necessity to include money for govt reforms as per demonstrators demands.
11-6-2019 Newshound Guru Adam Montana ...the exchange rate is stable in spite of the confusion. I can't imagine a more solid argument for Iraq's future than that! WTI oil pricing is stable. The work that was being done hasn't backtracked - it's just paused. Progress made has not been lost - just paused. ...the situation will work itself out, and we'll be back on track shortly...keep your head up and stay positive. This train is still heading the right direction. [post 2 of 2]
11-6-2019 Newshound Guru Adam Montana Iraq isn't in the best possible spot this week...we are nearing a month of protests. Mahdi has promised to resign once a successor is named. They are working on a new election law that will likely eliminate a handful of positions in the GOI, and thereby reduce a bit of the corruption. Bad news - nothing is happening immediately. It appears that things are settling, but realistically this is going to take a couple more weeks. On the positive side... [post 1 of 2....stay tuned]
11-6-2019 Intel Guru Frank26 …Did you notice that these vital signs have not moved? …very stable…we have a country under turmoil, basically under war and it’s fascinating just like [Guru] Delta said that the exchange rate of the dinar in some markets is high. It doesn’t suffer. It’s going up! And then on top of that nothing seems to bother the exchange rate...something so devastating, the loss of lives is not causing any loss in the monetary and in the monetary reform of the Iraqi dinar. Fascinating isn’t it?
11-6-2019 Newshound Guru Jeff Article “President Barzani: Iraqi PM Mahdi needs to be given ‘more changes’ for reform” …this article is so revealing. It screams at you from many angles - rate change. They’re even telling you the steps that are waiting on the rate change right in this article. This was a great article…
11-6-2019 Intel Guru Delta Article: "The results of the window selling foreign currency on Wednesday 2019/11/6 and implemented on Tuesday 5/11/2019" CBI HAVE ANOTHER AUCTION FOR THURSDAY...2 AUCTION IN ONE DAY...THE DOLLAR EXCHANGE RATE IN THE IRAQ MARKET IS GOING VERY HIGH SOME CITIES IS UP TO $1 = 1221 DINARS. IT'S FORCING CBI TO DO 2 AUCTIONS. CBI HAVE TO MOVE FASTER NOW...
11-6-2019 Intel Guru Frank26 firefly77 says announcing agreement has been met today with Barzari in Baghdad to pay the citizens their monthly HCL oil credits...No amount given just deal reached by government to help keep Iraq from going back into chapter 7. If this comes to pass the amount would be over 1 USA dollar from previous agreements…We await to see what unfolds and see if this comes to pass
11-6-2019 Newshound Guru Adam Montana ...the exchange rate is stable in spite of the confusion. I can't imagine a more solid argument for Iraq's future than that! WTI oil pricing is stable. The work that was being done hasn't backtracked - it's just paused. Progress made has not been lost - just paused. ...the situation will work itself out, and we'll be back on track shortly...keep your head up and stay positive. This train is still heading the right direction. [post 2 of 2]
11-6-2019 Newshound Guru Adam Montana Iraq isn't in the best possible spot this week...we are nearing a month of protests. Mahdi has promised to resign once a successor is named. They are working on a new election law that will likely eliminate a handful of positions in the GOI, and thereby reduce a bit of the corruption. Bad news - nothing is happening immediately. It appears that things are settling, but realistically this is going to take a couple more weeks. On the positive side... [post 1 of 2....stay tuned]
11-6-2019 Intel Guru Frank26 …Did you notice that these vital signs have not moved? …very stable…we have a country under turmoil, basically under war and it’s fascinating just like [Guru] Delta said that the exchange rate of the dinar in some markets is high. It doesn’t suffer. It’s going up! And then on top of that nothing seems to bother the exchange rate...something so devastating, the loss of lives is not causing any loss in the monetary and in the monetary reform of the Iraqi dinar. Fascinating isn’t it?
11-6-2019 Newshound Guru Jeff Article “President Barzani: Iraqi PM Mahdi needs to be given ‘more changes’ for reform” …this article is so revealing. It screams at you from many angles - rate change. They’re even telling you the steps that are waiting on the rate change right in this article. This was a great article…
11-6-2019 Intel Guru Delta Article: "The results of the window selling foreign currency on Wednesday 2019/11/6 and implemented on Tuesday 5/11/2019" CBI HAVE ANOTHER AUCTION FOR THURSDAY...2 AUCTION IN ONE DAY...THE DOLLAR EXCHANGE RATE IN THE IRAQ MARKET IS GOING VERY HIGH SOME CITIES IS UP TO $1 = 1221 DINARS. IT'S FORCING CBI TO DO 2 AUCTIONS. CBI HAVE TO MOVE FASTER NOW...
11-6-2019 Intel Guru Frank26 firefly77 says announcing agreement has been met today with Barzari in Baghdad to pay the citizens their monthly HCL oil credits...No amount given just deal reached by government to help keep Iraq from going back into chapter 7. If this comes to pass the amount would be over 1 USA dollar from previous agreements…We await to see what unfolds and see if this comes to pass
11-5-2019 Intel Guru MarkZ As for the QFS.. We are supposedly getting the pinging now in Europe that started over night last night…the rumor is when that is finished we may see 800 numbers... Still hearing that the reset is moving east to west… In Iraq I am being told that the UST has had people in Iraq for a few days now… We have heard that we will all go together…when we are in a Gold Backed currency… I personally think we are at the end now…I really think this is going to be our week.
11-5-2019 Newshound Guru Jeff Article "Iranian Embassy Set Ablaze in Karbala" Quote " ...protesters set the Iranian consulate ablaze in the holy city of Karbala...they then scaled the walls and replaced consulate's Iranian flag with that of Iraq. U.S. President Donald Trump on Monday retweeted two videos from Saudi-funded newspapers that showed footage of the event... According to the Iraqi High Commission for Human Rights, at least 257 people have been killed, and more than 10,000 wounded, since protests began." [Post 2 of 2]
11-5-2019 Newshound Guru Jeff Article "The New York Times: Iraq Is Rising Against The Hateful Iranian Occupation" ...the news talks about an Anti-Iran uprising in Iraq. Quote "more than 200,000 Iraqis marched in Baghdad in the largest demonstration in Iraq's modern history, protesting against the Iraqi government and a foreign occupier - this time Iran, not America..." "The revolution is not Anti-American, it is anti-Iran, anti-religious - anti-politics, says Saad Iskandar, the former head of Iraq's national archives." [Post 1 of 2]
11-5-2019 Newshound/Intel Guru Mnt Goat So this was a measure also put in place with the expectation that this actions would someday coincide with the currency reform...It is the hold up of much progress in Iraq... I believe we are in a VERY GOOD position to see a rate change of the Iraqi dinar sooner than later. But remember Iraq is still on the OPAC sanction list and so the US will have lots to say if the dinar gets back on FOREX. We don’t go to the bank unless its on FOREX. There is a pot of gold at the end of the rainbow for us, we just have to get through the storm first. Relax the storm will end and we will see that pot of gold... [post 2 of 2]
11-5-2019 Newshound/Intel Guru Mnt Goat ...This past couple days Iraq met with the UN...the UN has stepped in and threatened that, if the killing does not stop, Iraq may re-enter back into Chapter VII. We know that Iran would luv this to occur as this would mean continuance of the currency auctions...So to meet some of the demands by the protestors, a decision has been made to finally pay the citizens their monthly HCL allocation... Remember also that HCL money, when paid out, has to be paid out at a rate over $1.00 USD. There is no way to get around this. [post 1 of 2....stay tuned]
11-5-2019 Newshound/Intel Guru David M. Witty In Iraq, protesters demand dissolvement of Parliament & early elections.
11-5-2019 Newshound Guru Jeff ...the news is now suggesting to us we are very close. They're now talking about the reforms. They're talking about amending the Constitution. All of these steps are post rate change steps...a little more time is needed because all of this involves money...we're waiting on that [2020] budget. But when you look at the news it does show you we're very close...
11-5-2019 Newshound Guru Jeff Article "Iranian Embassy Set Ablaze in Karbala" Quote " ...protesters set the Iranian consulate ablaze in the holy city of Karbala...they then scaled the walls and replaced consulate's Iranian flag with that of Iraq. U.S. President Donald Trump on Monday retweeted two videos from Saudi-funded newspapers that showed footage of the event... According to the Iraqi High Commission for Human Rights, at least 257 people have been killed, and more than 10,000 wounded, since protests began." [Post 2 of 2]
11-5-2019 Newshound Guru Jeff Article "The New York Times: Iraq Is Rising Against The Hateful Iranian Occupation" ...the news talks about an Anti-Iran uprising in Iraq. Quote "more than 200,000 Iraqis marched in Baghdad in the largest demonstration in Iraq's modern history, protesting against the Iraqi government and a foreign occupier - this time Iran, not America..." "The revolution is not Anti-American, it is anti-Iran, anti-religious - anti-politics, says Saad Iskandar, the former head of Iraq's national archives." [Post 1 of 2]
11-5-2019 Newshound/Intel Guru Mnt Goat So this was a measure also put in place with the expectation that this actions would someday coincide with the currency reform...It is the hold up of much progress in Iraq... I believe we are in a VERY GOOD position to see a rate change of the Iraqi dinar sooner than later. But remember Iraq is still on the OPAC sanction list and so the US will have lots to say if the dinar gets back on FOREX. We don’t go to the bank unless its on FOREX. There is a pot of gold at the end of the rainbow for us, we just have to get through the storm first. Relax the storm will end and we will see that pot of gold... [post 2 of 2]
11-5-2019 Newshound/Intel Guru Mnt Goat ...This past couple days Iraq met with the UN...the UN has stepped in and threatened that, if the killing does not stop, Iraq may re-enter back into Chapter VII. We know that Iran would luv this to occur as this would mean continuance of the currency auctions...So to meet some of the demands by the protestors, a decision has been made to finally pay the citizens their monthly HCL allocation... Remember also that HCL money, when paid out, has to be paid out at a rate over $1.00 USD. There is no way to get around this. [post 1 of 2....stay tuned]
11-5-2019 Newshound/Intel Guru David M. Witty In Iraq, protesters demand dissolvement of Parliament & early elections.
11-5-2019 Newshound Guru Jeff ...the news is now suggesting to us we are very close. They're now talking about the reforms. They're talking about amending the Constitution. All of these steps are post rate change steps...a little more time is needed because all of this involves money...we're waiting on that [2020] budget. But when you look at the news it does show you we're very close...
11-4-2019 Intel Guru Delta [via Guru Frank26] ...this was posted on the Warka Bank website. "The par value is 1.00 IQD" and it was printed in the Saudi Arabian newspaper. It's Warka saying the par value of one Iraqi Dinar is [equal to] ?X?X ...we have a Saudi Arabian newspaper that caught on and said look this is Warka and they're showing the Iraqi Dinar at 1 dinar. To What? The answer is to the American Dollar IMO...
11-4-2019 Intel Guru MarkZ [via PDK] News from Zurich said hearing it appears going from west to east now...pinging in China and NZ…it may soon appear in US...We should know about 8pm tonight. [Pinging ensures that the computers can talk to each other. That they recognize each other's IP Address.] we are hearing this is all just logistics as China is about to take over from Treasury.
11-4-2019 Newshound Guru Jeff Article "Adel Mahdi explains to an American delegation his 'reformist' project and outline its points' ...Iraq is meeting with the Americans to discuss the reforms. What they're showing you guys is that they cannot implement these reforms and really provide for the citizens [because] their hands are tied. They're pretty much as high an dry and as desperate for the rate change as everybody else. Iraq cannot take care of their own citizens until the rate change. They're basically telling you guys that they're waiting until that 2020 budget gets approved because the money has to be allocated for everything...
11-4-2019 Newshound Guru MilitiaMan Article: "Exchange rate stability" They are telling the world...that they have achieved monetary stability for foreign investors while suggesting they'll have a fixed exchange rate. One that will be supported and with little fluctuation. A stable environment in a narrow range of speculation, allows for an attractive environment for foreign investment!! Just what imo has been expected by foreign investors for almost tens of years or more, therefore, a strong rate means out of the gate to be good one. imo. They have stated the Glory Days is a potential goal of theirs...I don't doubt that the "longer we have had to wait, the more money we will make." (big smile)
11-4-2019 Newshound Guru MilitiaMan Article: "The work opens the door of new inclusiveness for a full-time appointed salary" They are talking about 24 hour service and getting text messages as an alert and in all provinces by way of Mastercard... let’s recall they are going to be effectively more of a cash-less society... Did we not here about the CBI moving money in all provinces recently? Full time salary... New inclusiveness!! Timing of so many things coming together. Love it! IMO...
11-4-2019 Intel Guru Delta Article: "To / ministries and entities not linked to the Ministry of all governorates and all provincial councils m / Warka Bank for Investment and Finance" FOR WARKA ACCOUNT HOLDERS VERY GOOD NEWS THIS LETTER WAS FROM CBI AND SIGN BY ALAQ STATING THAT WARKA BANK IS BACK ALSO A COPY WAS SENT TO ISX!!!
11-4-2019 Intel Guru MarkZ [via PDK] News from Zurich said hearing it appears going from west to east now...pinging in China and NZ…it may soon appear in US...We should know about 8pm tonight. [Pinging ensures that the computers can talk to each other. That they recognize each other's IP Address.] we are hearing this is all just logistics as China is about to take over from Treasury.
11-4-2019 Newshound Guru Jeff Article "Adel Mahdi explains to an American delegation his 'reformist' project and outline its points' ...Iraq is meeting with the Americans to discuss the reforms. What they're showing you guys is that they cannot implement these reforms and really provide for the citizens [because] their hands are tied. They're pretty much as high an dry and as desperate for the rate change as everybody else. Iraq cannot take care of their own citizens until the rate change. They're basically telling you guys that they're waiting until that 2020 budget gets approved because the money has to be allocated for everything...
11-4-2019 Newshound Guru MilitiaMan Article: "Exchange rate stability" They are telling the world...that they have achieved monetary stability for foreign investors while suggesting they'll have a fixed exchange rate. One that will be supported and with little fluctuation. A stable environment in a narrow range of speculation, allows for an attractive environment for foreign investment!! Just what imo has been expected by foreign investors for almost tens of years or more, therefore, a strong rate means out of the gate to be good one. imo. They have stated the Glory Days is a potential goal of theirs...I don't doubt that the "longer we have had to wait, the more money we will make." (big smile)
11-4-2019 Newshound Guru MilitiaMan Article: "The work opens the door of new inclusiveness for a full-time appointed salary" They are talking about 24 hour service and getting text messages as an alert and in all provinces by way of Mastercard... let’s recall they are going to be effectively more of a cash-less society... Did we not here about the CBI moving money in all provinces recently? Full time salary... New inclusiveness!! Timing of so many things coming together. Love it! IMO...
11-4-2019 Intel Guru Delta Article: "To / ministries and entities not linked to the Ministry of all governorates and all provincial councils m / Warka Bank for Investment and Finance" FOR WARKA ACCOUNT HOLDERS VERY GOOD NEWS THIS LETTER WAS FROM CBI AND SIGN BY ALAQ STATING THAT WARKA BANK IS BACK ALSO A COPY WAS SENT TO ISX!!!
11-3-2019 Newshound Guru MilitiaMan "Liberation women clean the streets and decorate the sidewalks with flowers" When they clean up the mess they’ll be able to get back to business! I am seriously liking what this is showing us today. These women know what to expect from the CBI and with those bill boards in the square in an article today...I could see the descriptions and depictions of what is to come be out for all to see once the place is tidied up!! What a way to get things back to normal and ready for a new beginning with a new sovereign currency and even a new government for to mange the citizens demands going forward! Let’s see what the next “Couple” days brings. Imo - All good!
11-3-2019 Newshound Guru larrykn I don't look for dates just actions on their part...so far I'm still looking. when you have half the politicians out there not wanting changes and half do, its called a stalemate...so we wait and see... For me this will take time and no one knows when, all we can do is read the news and pray that Iraq gets themself together long enough to get laws passed and Articles implemented.
11-3-2019 Newshound/Intel Guru RVAlready [I'm sorry...ths just doesn't meet the smell test. Iraq says they are postponing the deletion of 3 zeros...and the banks want to work more USLESS hours...not too logical.] I agree. Makes no sense in terms of the protest. Unless UST can make a lot of profit from the oil credits. It is one very strange situation.
11-3-2019 Newshound Guru Jeff Article: "This is the date of interrogation of Adel Abdul Mahdi in Parliament" …the “government program” is everything that gets implemented. Better healthcare. Better lives. All the government services and resources they will provide the citizens after the rate change…they are waiting on the rate change…they were only able to offer the citizens very little because the government’s hands are tied and that’s because external powers control the timing of the rate change. And that’s called Donald Trump…The US is the only group that shed blood for Iraq. We pour trillions of dollars into Iraq. Trump actually put the tariffs on China and the sanctions on Iran. The US and the Trump administration are the ones calling the shots, controlling the timing on this. Not the IMF and Not the World Bank…
11-3-2019 Newshound Guru larrykn I don't look for dates just actions on their part...so far I'm still looking. when you have half the politicians out there not wanting changes and half do, its called a stalemate...so we wait and see... For me this will take time and no one knows when, all we can do is read the news and pray that Iraq gets themself together long enough to get laws passed and Articles implemented.
11-3-2019 Newshound/Intel Guru RVAlready [I'm sorry...ths just doesn't meet the smell test. Iraq says they are postponing the deletion of 3 zeros...and the banks want to work more USLESS hours...not too logical.] I agree. Makes no sense in terms of the protest. Unless UST can make a lot of profit from the oil credits. It is one very strange situation.
11-3-2019 Newshound Guru Jeff Article: "This is the date of interrogation of Adel Abdul Mahdi in Parliament" …the “government program” is everything that gets implemented. Better healthcare. Better lives. All the government services and resources they will provide the citizens after the rate change…they are waiting on the rate change…they were only able to offer the citizens very little because the government’s hands are tied and that’s because external powers control the timing of the rate change. And that’s called Donald Trump…The US is the only group that shed blood for Iraq. We pour trillions of dollars into Iraq. Trump actually put the tariffs on China and the sanctions on Iran. The US and the Trump administration are the ones calling the shots, controlling the timing on this. Not the IMF and Not the World Bank…
11-2-2019 Newshound Guru Francis Albert deleting the zeros from the exchange rate...as stated by CBI is quite different from the "LOP" Kap [Guru Kaperoni] continues to pitch. I think he's just off base on this one, or the CBI is just making stuff up..which is possible too...[Reference Guru Kaps Post Below]
11-2-2019 Newshound Guru Kaperoni ...If you wake up someday and it's a 1 to $1 exchange rate, Iraq just LOP'd, meaning you've made nothing. Believe me, Iraq will never substantially RV the dinar. If the dinar is ever going to go up in value, it's going to go up based on investment and an improved GDP via a float.
11-2-2019 Newshound Guru Breitling …there’s really nothing else you need to look into or be worried about. What you need to do is you need to make sure you understand what your exit strategy is once you exchange your currency. In other words, what are your taxes going to look like? That’s what you need to worry about. That’s all you need to be thinking about. You don’t need to be thinking about how you’re going to spend it. Because first you need to figure out how much you’re gonna be able to keep, right? So you have to be thinking on those terms. [Note: At the appropriate time speak with your tax professional]
11-2-2019 Newshound Guru Vital Brad …the demonstrations have continued…The soldiers and the police they aren’t using deadly force. Things seem to be more contained…Mahdi has not resigned yet but President Barham Salih has come out and said the PM has expressed his willingness to submit his resignation asking the political blocs to reach an acceptable alternative…to avoid a power vacuum….we know what the people want. They want their wealth. When the Iraqi people’s currency is reinstated and revalued…Iraq is gonna flourish…their whole environment there will just transform…we’re getting to the boiling point where Iraq is gonna join the free market again and we all know what that means for us holding Iraq’s currency. They’ve met all the requirement and it could happen any time…
11-2-2019 Newshound Guru Kaperoni ...If you wake up someday and it's a 1 to $1 exchange rate, Iraq just LOP'd, meaning you've made nothing. Believe me, Iraq will never substantially RV the dinar. If the dinar is ever going to go up in value, it's going to go up based on investment and an improved GDP via a float.
11-2-2019 Newshound Guru Breitling …there’s really nothing else you need to look into or be worried about. What you need to do is you need to make sure you understand what your exit strategy is once you exchange your currency. In other words, what are your taxes going to look like? That’s what you need to worry about. That’s all you need to be thinking about. You don’t need to be thinking about how you’re going to spend it. Because first you need to figure out how much you’re gonna be able to keep, right? So you have to be thinking on those terms. [Note: At the appropriate time speak with your tax professional]
11-2-2019 Newshound Guru Vital Brad …the demonstrations have continued…The soldiers and the police they aren’t using deadly force. Things seem to be more contained…Mahdi has not resigned yet but President Barham Salih has come out and said the PM has expressed his willingness to submit his resignation asking the political blocs to reach an acceptable alternative…to avoid a power vacuum….we know what the people want. They want their wealth. When the Iraqi people’s currency is reinstated and revalued…Iraq is gonna flourish…their whole environment there will just transform…we’re getting to the boiling point where Iraq is gonna join the free market again and we all know what that means for us holding Iraq’s currency. They’ve met all the requirement and it could happen any time…
11-1-2019 **** Dinar Guru Newsflash **** According to CNN and other news outlets Iraqi Prime Minister Mahdi has agreed to resign from his position. He will step down next week after parliament passes needed election laws and a new government is in place. Stay tuned as the gurus chime in to discuss the impact this news will have on the dinar...
11-1-2019 Newshound Guru Kaperoni ...one of the primary tools and responsibilities of the CBI is to maintain stability meaning if it's going to go up in value it'll go up gradually based on pressure/inflation created as a result of significant investment and a private sector. So until the laws are passed, contracts are signed, stability exists there is no private sector. So we wait. The idea of a public-private partnership built into the 2020 budget to launch the market economy/private sector is an excellent idea but we'll have to wait and see.
11-1-2019 Newshound/Intel Guru Mnt Goat Article: "KURDISTAN SUPPORTS CONSTITUTIONAL AMENDMENTS TO CONTRIBUTE TO IMPROVING THE LIVING AND SERVICE REALITY OF THE IRAQI PEOPLE" Laws don’t do any good unless they are enforced. We have seen this lack of enforcement in many of the laws enacted in Iraq. This is part of the problem with this new democracy.
11-1-2019 Newshound Guru chattels Article quote: "In his first televised address in weeks, President Barham Salih said the country’s embattled Prime Minister Adil Abdul-Mahdi was ready to step down, but there was so far no one to take his place. “The prime minister expressed his willingness to submit his resignation, asking the political parties to reach an agreement on an acceptable alternative,” said Salih. He pledged to hold early elections as soon as a new voting law and oversight commission was agreed, but his speech did not appear to impress demonstrators."
11-1-2019 Intel Guru MarkZ [Sounds like anytime after Monday should be a go.] My opinion only – Could be sooner! I am hearing fantastic things from Iraq also. Hearing that they have already started floating close to a 1 to 1 parity. I am waiting to hear back from my contractor over there and a confirmation from him. I heard that many people were asked to be quiet...i was not asked...Big expectations for this weekend... [post 2 of 2]
11-1-2019 Intel Guru MarkZ [via PDK] November - the month I never thought we would hit…We are hearing the Chinese took over last night around midnight and they already have a solid plan to get things rolling over the next 24 hours or so. And could be as early as just hours away. The US loses 2% but it will not affect anything on our side of the exchange or the rates. We are all watching today daggone closely... [post 1 of 2...stay tuned]
11-1-2019 Newshound/Intel Guru Mnt Goat Is replacing Mahdi’s government the best choice? There are many ways of looking at this. You can see the glass as half empty or half full. I chose to see it half full meaning that it is about time Sadr has put his foot down and demanded the execution of these reforms. Sadr is using the people to fight corruption since he has tried all other means already. ...So, this is finally getting done, something that had to take place sooner or later and it is better now sooner than later.
11-1-2019 Newshound/Intel Guru Francis Albert I would encourage not so much pessimism. The CBI is all that matters here. The government over there, just like any government will always be screwed up. ...the idea of a "Fully seated government"...IMO, this never was a problem. It just wasn't time for OH, so many reasons. You all are fine.
11-1-2019 Intel Guru Frank26 …the moment that you wake up one day and you see on the CBI website...the exchange rate is 1 to 1 now, that is when you have to make a decision. I wouldn’t run to the bank. I wouldn’t even walk to the bank. I’d sit down first. Get all your teams, make a proper decision. Take it to God in prayer…then the next question is how much? “What you got 10 million dinars?” “You gonna cash it all in at 1 to 1?” ‘No.’ “Why not?” IMO the potential of this country is exponential. I don’t think that 1 to 1 is where it’s gonna cap. Maybe I’ll exchange 1 million dinars and I’ll keep the other nine million…I’m gonna watch…[Note: The latest CBI exchange rates are always located on the left side of this page.]
11-1-2019 Newshound/Intel Guru Mnt Goat Article: "KURDISTAN SUPPORTS CONSTITUTIONAL AMENDMENTS TO CONTRIBUTE TO IMPROVING THE LIVING AND SERVICE REALITY OF THE IRAQI PEOPLE" Laws don’t do any good unless they are enforced. We have seen this lack of enforcement in many of the laws enacted in Iraq. This is part of the problem with this new democracy.
11-1-2019 Newshound Guru chattels Article quote: "In his first televised address in weeks, President Barham Salih said the country’s embattled Prime Minister Adil Abdul-Mahdi was ready to step down, but there was so far no one to take his place. “The prime minister expressed his willingness to submit his resignation, asking the political parties to reach an agreement on an acceptable alternative,” said Salih. He pledged to hold early elections as soon as a new voting law and oversight commission was agreed, but his speech did not appear to impress demonstrators."
11-1-2019 Intel Guru MarkZ [Sounds like anytime after Monday should be a go.] My opinion only – Could be sooner! I am hearing fantastic things from Iraq also. Hearing that they have already started floating close to a 1 to 1 parity. I am waiting to hear back from my contractor over there and a confirmation from him. I heard that many people were asked to be quiet...i was not asked...Big expectations for this weekend... [post 2 of 2]
11-1-2019 Intel Guru MarkZ [via PDK] November - the month I never thought we would hit…We are hearing the Chinese took over last night around midnight and they already have a solid plan to get things rolling over the next 24 hours or so. And could be as early as just hours away. The US loses 2% but it will not affect anything on our side of the exchange or the rates. We are all watching today daggone closely... [post 1 of 2...stay tuned]
11-1-2019 Newshound/Intel Guru Mnt Goat Is replacing Mahdi’s government the best choice? There are many ways of looking at this. You can see the glass as half empty or half full. I chose to see it half full meaning that it is about time Sadr has put his foot down and demanded the execution of these reforms. Sadr is using the people to fight corruption since he has tried all other means already. ...So, this is finally getting done, something that had to take place sooner or later and it is better now sooner than later.
11-1-2019 Newshound/Intel Guru Francis Albert I would encourage not so much pessimism. The CBI is all that matters here. The government over there, just like any government will always be screwed up. ...the idea of a "Fully seated government"...IMO, this never was a problem. It just wasn't time for OH, so many reasons. You all are fine.
11-1-2019 Intel Guru Frank26 …the moment that you wake up one day and you see on the CBI website...the exchange rate is 1 to 1 now, that is when you have to make a decision. I wouldn’t run to the bank. I wouldn’t even walk to the bank. I’d sit down first. Get all your teams, make a proper decision. Take it to God in prayer…then the next question is how much? “What you got 10 million dinars?” “You gonna cash it all in at 1 to 1?” ‘No.’ “Why not?” IMO the potential of this country is exponential. I don’t think that 1 to 1 is where it’s gonna cap. Maybe I’ll exchange 1 million dinars and I’ll keep the other nine million…I’m gonna watch…[Note: The latest CBI exchange rates are always located on the left side of this page.]
10-31-2019 Newshound/Intel Guru Mnt Goat Now with the unrest and destabilization of the country I am skeptical if they can even complete the project to delete the zeros at this time. The news media has told us that the banks have emptied their vaults to the main CBI bank prior to the first demonstration for security purposes. They did this for fear the banks could be robbed in the process of the demonstrations. We know the smaller category notes had been already distributed in many of these banks, but not all of them. So these notes had been recalled. This distribution process will have to re-occur once security is obtained...All we can do as investors is site tight and wait to see it all play out. [post 2 of 2]
10-31-2019 Newshound/Intel Guru Mnt Goat We know for a FACT that everything needed to roll out the Iraqi dinar to trade internationally has been completed, except the last final steps including:
-completing the process of the “project to delete the zeros”
-correspondingly changing the rate and monitoring it for inflation
-relief from US OPAC sanctions
-reinstating the dinar on the global currency exchanges. [post 1 of 2....stay tuned]
10-31-2019 Newshound Guru Kaperoni With confidence in PM Mahdi failing, talk of him resigning is everywhere. We will just have to wait and see if it's true or not.
10-31-2019 Intel Guru MarkZ In Iraq – no value change as of late last night. [...did others see the post...showing where they dropped a zero on the rate?? I'm a bit confused about it...] We are in the midst of the reset and it is going to be a confusing mess for a short bit is my take on it... [With one zero gone is that for the betterment?] Absolutely this is for the betterment.
10-31-2019 Intel Guru Frank26 Question: I heard there were fireworks...today in Iraq. Can you confirm that and if so were they celebrating something? They weren’t celebrating anything associated to the reinstatement of the Iraqi dinars...When they do reinstate, fireworks will be nothing. Cannons will be fired off in that country! What you probably heard is just somebody that caught a little bit of a wedding because weddings in Iraq, firecrackers they like that a lot. Birthday party, graduation things like that…
10-31-2019 Newshound Guru Adam Montana There are positive signs everywhere, but the protests and "civil unrest" that's going on right now has tossed an anchor out on the final progress we'd like to see. It's not something that will last forever. The face of Iraq, Iraq's current exchange rate, OIL news, and more...all mostly unchanged by the current situation. The country is NOT in a downward spiral... but they are in the middle of an annoyingly long "pause"...We wait...
10-31-2019 Newshound/Intel Guru Mnt Goat We know for a FACT that everything needed to roll out the Iraqi dinar to trade internationally has been completed, except the last final steps including:
-completing the process of the “project to delete the zeros”
-correspondingly changing the rate and monitoring it for inflation
-relief from US OPAC sanctions
-reinstating the dinar on the global currency exchanges. [post 1 of 2....stay tuned]
10-31-2019 Newshound Guru Kaperoni With confidence in PM Mahdi failing, talk of him resigning is everywhere. We will just have to wait and see if it's true or not.
10-31-2019 Intel Guru MarkZ In Iraq – no value change as of late last night. [...did others see the post...showing where they dropped a zero on the rate?? I'm a bit confused about it...] We are in the midst of the reset and it is going to be a confusing mess for a short bit is my take on it... [With one zero gone is that for the betterment?] Absolutely this is for the betterment.
10-31-2019 Intel Guru Frank26 Question: I heard there were fireworks...today in Iraq. Can you confirm that and if so were they celebrating something? They weren’t celebrating anything associated to the reinstatement of the Iraqi dinars...When they do reinstate, fireworks will be nothing. Cannons will be fired off in that country! What you probably heard is just somebody that caught a little bit of a wedding because weddings in Iraq, firecrackers they like that a lot. Birthday party, graduation things like that…
10-31-2019 Newshound Guru Adam Montana There are positive signs everywhere, but the protests and "civil unrest" that's going on right now has tossed an anchor out on the final progress we'd like to see. It's not something that will last forever. The face of Iraq, Iraq's current exchange rate, OIL news, and more...all mostly unchanged by the current situation. The country is NOT in a downward spiral... but they are in the middle of an annoyingly long "pause"...We wait...
10-30-2019 Newshound Guru Kaperoni An interesting article...refers to the CBI making a courageous decision to control the movement of funds in February 2020. Could this be referring to accepting IMF Article VIII?
10-30-2019 Newshound/Intel Guru Mnt Goat Article: "PARLIAMENT WILL VOTE ON THE SECOND REFORM PACKAGE" The House of Representatives plans to vote on the second reform package in the next few days that was, in part, called for by the demonstrators. Will this include currency reform and the project to delete the zeros?
10-30-2019 Intel Guru Bruce [via WiserNow] ...lot of things have happened – especially behind the scenes – I think sometime tomorrow [Wednesday]...we should have it [toll free numbers] and have it available to put out... this is what I’m being informed would be the case...We did get some rates and we believe everything is moving up slightly just like we thought and they’re going to be fantastic so you don’t have to worry about those at all... You know I cannot legitimately call it and I’ve told you many times that we’ve been very close as you know, and again today...tonight is one of those times...
10-30-2019 Newshound Guru Kaperoni Sounds like current Prime Minister Abdul Mahdi may resign during parliament tomorrow.
10-30-2019 Newshound/Intel Guru MarkZ [via PDK] In Iraq it seems the mood is improving there...signs that they are celebrating something today...I have a contact in Iraq who says they hear they are moving forward with an RI. ...An RI or Re-instatement first makes the most sense to me…then do a RV or Revalue at a later date. An Ri should not affect our contract rate. If it comes out as an RI I will definitely let you all know. If Iraq does an RI of $3 plus and floats it upwards...I would still exchange all my currencies …imo of course...Its very important that no one violates your NDA….you do not want to lose anything.
10-30-2019 Newshound/Intel Guru Mnt Goat Are these demonstrations in our favor? Will they help get the RV? Yes and yes. Just think if it. We know there is massive corruption in Iraq especially through the currency auctions...WE know we can’t get the RV unless this corruption is fixed. So at least something now positive is going on to fix it. It may take longer than we want but this is all we can do.
10-30-2019 Intel Guru Frank26 …the IQD exchange rate is still stable. We just had a calamity. We just had killings. We just had explosions. We just had fires. It’s a disaster. It’s a war inside of Iraq…remember the riots they had almost three years ago? The Iraqi Dinar rate fluctuated like crazy…the country of Iraq was unstable at the time…there is no doom and gloom like it’s being painted...
10-30-2019 Newshound Guru chattels The Parliament seems to be attempting to implement some reforms in order to avoid the chaos of a caretaker government and new elections, but is it too little too late? Other parliamentary governments have certainly survived the failure of a government, but this is unplowed ground for the young Iraqi democracy. Will Iraq survive it all? Tune in tomorrow as the "Iraqi World Turns" in the "Dinar Days of our Lives".
10-30-2019 Newshound/Intel Guru Mnt Goat Article: "PARLIAMENT WILL VOTE ON THE SECOND REFORM PACKAGE" The House of Representatives plans to vote on the second reform package in the next few days that was, in part, called for by the demonstrators. Will this include currency reform and the project to delete the zeros?
10-30-2019 Intel Guru Bruce [via WiserNow] ...lot of things have happened – especially behind the scenes – I think sometime tomorrow [Wednesday]...we should have it [toll free numbers] and have it available to put out... this is what I’m being informed would be the case...We did get some rates and we believe everything is moving up slightly just like we thought and they’re going to be fantastic so you don’t have to worry about those at all... You know I cannot legitimately call it and I’ve told you many times that we’ve been very close as you know, and again today...tonight is one of those times...
10-30-2019 Newshound Guru Kaperoni Sounds like current Prime Minister Abdul Mahdi may resign during parliament tomorrow.
10-30-2019 Newshound/Intel Guru MarkZ [via PDK] In Iraq it seems the mood is improving there...signs that they are celebrating something today...I have a contact in Iraq who says they hear they are moving forward with an RI. ...An RI or Re-instatement first makes the most sense to me…then do a RV or Revalue at a later date. An Ri should not affect our contract rate. If it comes out as an RI I will definitely let you all know. If Iraq does an RI of $3 plus and floats it upwards...I would still exchange all my currencies …imo of course...Its very important that no one violates your NDA….you do not want to lose anything.
10-30-2019 Newshound/Intel Guru Mnt Goat Are these demonstrations in our favor? Will they help get the RV? Yes and yes. Just think if it. We know there is massive corruption in Iraq especially through the currency auctions...WE know we can’t get the RV unless this corruption is fixed. So at least something now positive is going on to fix it. It may take longer than we want but this is all we can do.
10-30-2019 Intel Guru Frank26 …the IQD exchange rate is still stable. We just had a calamity. We just had killings. We just had explosions. We just had fires. It’s a disaster. It’s a war inside of Iraq…remember the riots they had almost three years ago? The Iraqi Dinar rate fluctuated like crazy…the country of Iraq was unstable at the time…there is no doom and gloom like it’s being painted...
10-30-2019 Newshound Guru chattels The Parliament seems to be attempting to implement some reforms in order to avoid the chaos of a caretaker government and new elections, but is it too little too late? Other parliamentary governments have certainly survived the failure of a government, but this is unplowed ground for the young Iraqi democracy. Will Iraq survive it all? Tune in tomorrow as the "Iraqi World Turns" in the "Dinar Days of our Lives".
10-29-2019 Newshound/Intel Guru David M. Witty In Iraq, Muqtada Sadr calls for PM Abdel-Mahdi to resign, followed by early elections. PM refuses. Sadr calls on leader of Fatah Coalition, Ameri, to assist in removal of PM. Ameri says he will cooperate with Sadr to achieve goals of Iraqi people.
10-29-2019 Newshound Guru Kaperoni For those thinking the RV is coming the CBI has introduced a new 25,000 Dinar note with added security features. Guess the RV isn't coming just yet? ...Nothing is happening until after the Iraqi government sets the stage for foreign investment...
10-29-2019 Intel Guru Frank26 [via Clare] "THEY ARE AT THE JUNCTION OF DOING THE REST OF THE MR...IMO"
10-29-2019 Newshound/Intel Guru Mnt Goat So, we have almost reached the end of October 2019 and still no RV. ...I talked about the US OPAC sanctions and how they are impacting our ability to go to the bank and exchange. But remember also we need the rate on FOREX. This too is very important for us...Once the sanctions are lifted, I am sure the project to delete the zeros will follow and then the reinstatement will happen quickly and we will be at the banks exchanging almost immediately afterwards.
10-29-2019 Intel Guru MarkZ ...We heard there was problems at European Central Banks this week which are now fixed. [Now, Iraq wants a new government?] Yes they want another government...they are tired of waiting for the rv…hope it happens for them this week. We have very good contacts in Iraq. Last weekend we heard they were supposed to introduce the Lower Denominations widespread...We were told the US held them off because we weren’t ready. Due to the problem with the European banks...but they are still expecting the RV at any moment. I am still looking for it to go at any moment...
10-29-2019 Intel Guru Frank26 …Right now is a fascinating time for monetary reform…we have a “worst” situation that is going to be used to create a “best of” situation. The CBI is watching these protests. The CBI did not stop the monetary reform. "Well Frank they’ve slowed it down.” No. “Well Frank they’ve delayed it.” No…”They had a riot that killed 150 people they didn’t stop it then?” No. “Just the other day they had another 70 something more, they didn’t stop it then?” No. Do we have a pause, stoppage, delay or halt? No, not of monetary reform no…IMO the CBI, Allaq and whoever else is in there are very very anxious to raise the value of the Iraqi Dinar…
10-29-2019 Newshound Guru MilitiaMan Article quote: "...the celebrations were special in Baghdad by fireworks to celebrate..." Interesting the celebratory tone in this article...That sort of wording sound like a good thing not a bad thing... Could they have been told about and or shown the small notes and or depictions of them and this is the start of big things to come? Fireworks would be in order for that imo...
10-29-2019 Newshound Guru Kaperoni For those thinking the RV is coming the CBI has introduced a new 25,000 Dinar note with added security features. Guess the RV isn't coming just yet? ...Nothing is happening until after the Iraqi government sets the stage for foreign investment...
10-29-2019 Intel Guru Frank26 [via Clare] "THEY ARE AT THE JUNCTION OF DOING THE REST OF THE MR...IMO"
10-29-2019 Newshound/Intel Guru Mnt Goat So, we have almost reached the end of October 2019 and still no RV. ...I talked about the US OPAC sanctions and how they are impacting our ability to go to the bank and exchange. But remember also we need the rate on FOREX. This too is very important for us...Once the sanctions are lifted, I am sure the project to delete the zeros will follow and then the reinstatement will happen quickly and we will be at the banks exchanging almost immediately afterwards.
10-29-2019 Intel Guru MarkZ ...We heard there was problems at European Central Banks this week which are now fixed. [Now, Iraq wants a new government?] Yes they want another government...they are tired of waiting for the rv…hope it happens for them this week. We have very good contacts in Iraq. Last weekend we heard they were supposed to introduce the Lower Denominations widespread...We were told the US held them off because we weren’t ready. Due to the problem with the European banks...but they are still expecting the RV at any moment. I am still looking for it to go at any moment...
10-29-2019 Intel Guru Frank26 …Right now is a fascinating time for monetary reform…we have a “worst” situation that is going to be used to create a “best of” situation. The CBI is watching these protests. The CBI did not stop the monetary reform. "Well Frank they’ve slowed it down.” No. “Well Frank they’ve delayed it.” No…”They had a riot that killed 150 people they didn’t stop it then?” No. “Just the other day they had another 70 something more, they didn’t stop it then?” No. Do we have a pause, stoppage, delay or halt? No, not of monetary reform no…IMO the CBI, Allaq and whoever else is in there are very very anxious to raise the value of the Iraqi Dinar…
10-29-2019 Newshound Guru MilitiaMan Article quote: "...the celebrations were special in Baghdad by fireworks to celebrate..." Interesting the celebratory tone in this article...That sort of wording sound like a good thing not a bad thing... Could they have been told about and or shown the small notes and or depictions of them and this is the start of big things to come? Fireworks would be in order for that imo...
10-28-2019 Newshound Guru chattels Guru quote - " ...the RI will bring forth peace, prosperity and security. They know an international value related Dinar of a fully compliant Article 8 currency will bring all of those things... " The magic of the dinar is a panacea for all the ills of Iraq? Not likely. It is more likely that peace, prosperity and stability may yield an increase in the value of the dinar.
10-28-2019 Intel Guru MarkZ [...do you think that the riots in Iraq will stop the rv...?] I do not believe the riots in Iraq will stop the RV…I believe it will push it faster…These riots will not stop until they revalue their dinar… [...do you still believe it will be over by the 31st of October...?] Yes I do. [When do you look to see the 800 numbers?] They could appear right now and I would not be surprised...they could appear on Wednesday and I would not be surprised...anytime now… and I would not be surprised. I have great contacts in the banks and I personally believe there will be 800 numbers and no I do not think they are from the cabal.
10-28-2019 Newshound/Intel Guru RVAlready Wow. Baghdadi dead, GOI possibly disbanding, CBI close to RV, reforms to go forward, replacement government. This could be good for everybody. Maybe the replacements will represent the citizens, and not part of the corruption
10-28-2019 Intel Guru Delta ...ONE THE DEMAND IS TO STOP AUCTION AND MOVE TO MARKET ECONOMY WHICH IS REQUIRED ARTICLE 8 AND LIFTING 3 ZEROS AND GIVE DINAR TRUE VALUE...WHEN THINGS LOOKS BAD THAT WILL BE THE BEST TIME TO PULL IT...IMO.
10-28-2019 Newshound Guru VitalBrad …Some big Middle Eastern news just came out. Donald Trump tweeted…”Something very big has just happened!”… [article] “ISIS leader Abu Bakr al-Baghdadi Believed To Have Been Killed” … I believe this is another big victory to getting closer to Iraq’s currency restored. That whole region needs to be back in balance. Turkey, Syria, Iraq Iran. There’s still a lot of chaos going on over there in that whole region and we need peace.
10-28-2019 Newshound Guru Jeff …Iraq can’t wait too much longer. If you look at the demonstrations people are getting frustrated. People want the government to fulfill their obligations to the citizens. They’re looking for improved lives. Purchasing power. Better government services. Healthcare. Jobs. Better housing. Better lives. The government has promised them all that but the government can’t deliver that until the rate change…the governments hands are tied because external factors are in charge of the timing of the rate change. It’s that simple. There are not a lot of steps left for Iraq to do.
10-28-2019 Newshound Guru MilitiaMan Even if an interim GOI is installed or not this gets done...I am somewhat surprised Mahdi hasn’t seen by now that since they haven’t yet RI’d just yet, he is ineffective and will be going forward without it. They don’t RI he will be the loser, he resigns he will be a loser. The only way out imo could be, is for him to make sure there is an RI and quite quickly too. So, let’s see what the week brings. An emergency or extraordinary meeting is said to be slated for tomorrow [Monday]... [post 2 of 2
10-28-2019 Newshound Guru MilitiaMan I...see the demands of the people are well orchestrated, not as openly obvious as most would like. However, the next move is from the more affluent citizens. The professional level calling for to demonstrate tomorrow adds to the pressure to get the RI completed...They IMO know the RI will bring forth peace, prosperity and security. They know an international value related Dinar of a fully compliant Article 8 currency will bring all of those things... [post 1 of 2....stay tuned]
10-28-2019 Intel Guru MarkZ [...do you think that the riots in Iraq will stop the rv...?] I do not believe the riots in Iraq will stop the RV…I believe it will push it faster…These riots will not stop until they revalue their dinar… [...do you still believe it will be over by the 31st of October...?] Yes I do. [When do you look to see the 800 numbers?] They could appear right now and I would not be surprised...they could appear on Wednesday and I would not be surprised...anytime now… and I would not be surprised. I have great contacts in the banks and I personally believe there will be 800 numbers and no I do not think they are from the cabal.
10-28-2019 Newshound/Intel Guru RVAlready Wow. Baghdadi dead, GOI possibly disbanding, CBI close to RV, reforms to go forward, replacement government. This could be good for everybody. Maybe the replacements will represent the citizens, and not part of the corruption
10-28-2019 Intel Guru Delta ...ONE THE DEMAND IS TO STOP AUCTION AND MOVE TO MARKET ECONOMY WHICH IS REQUIRED ARTICLE 8 AND LIFTING 3 ZEROS AND GIVE DINAR TRUE VALUE...WHEN THINGS LOOKS BAD THAT WILL BE THE BEST TIME TO PULL IT...IMO.
10-28-2019 Newshound Guru VitalBrad …Some big Middle Eastern news just came out. Donald Trump tweeted…”Something very big has just happened!”… [article] “ISIS leader Abu Bakr al-Baghdadi Believed To Have Been Killed” … I believe this is another big victory to getting closer to Iraq’s currency restored. That whole region needs to be back in balance. Turkey, Syria, Iraq Iran. There’s still a lot of chaos going on over there in that whole region and we need peace.
10-28-2019 Newshound Guru Jeff …Iraq can’t wait too much longer. If you look at the demonstrations people are getting frustrated. People want the government to fulfill their obligations to the citizens. They’re looking for improved lives. Purchasing power. Better government services. Healthcare. Jobs. Better housing. Better lives. The government has promised them all that but the government can’t deliver that until the rate change…the governments hands are tied because external factors are in charge of the timing of the rate change. It’s that simple. There are not a lot of steps left for Iraq to do.
10-28-2019 Newshound Guru MilitiaMan Even if an interim GOI is installed or not this gets done...I am somewhat surprised Mahdi hasn’t seen by now that since they haven’t yet RI’d just yet, he is ineffective and will be going forward without it. They don’t RI he will be the loser, he resigns he will be a loser. The only way out imo could be, is for him to make sure there is an RI and quite quickly too. So, let’s see what the week brings. An emergency or extraordinary meeting is said to be slated for tomorrow [Monday]... [post 2 of 2
10-28-2019 Newshound Guru MilitiaMan I...see the demands of the people are well orchestrated, not as openly obvious as most would like. However, the next move is from the more affluent citizens. The professional level calling for to demonstrate tomorrow adds to the pressure to get the RI completed...They IMO know the RI will bring forth peace, prosperity and security. They know an international value related Dinar of a fully compliant Article 8 currency will bring all of those things... [post 1 of 2....stay tuned]
10-27-2019 Newshound/Intel Guru RVAlready ...seems a good time to pull the trigger to me... I am just sad that so many had to die in the protests.
10-27-2019 Newshound Guru ChrisC Article: "Barham Saleh holds an emergency meeting to discuss the dismissal of the government and the announcement of a transitional government" If you really look at the situation, this could have been predicted but is even more bold than I had anticipated. Remember the picture of him talking to Trump? Wasn't it this very guy that Trump said we have some really important things to talk about in private? ...I bet Trump had every person already picked for another govt., they just needed the people to make the choice of getting rid of the old one. I told you these guys are masters of this move. They come in and save the day and the people say "who was that masked man?".
10-27-2019 Newshound/Intel Guru David M. Witty Iraqi high level political source: Iraqi PM Abdel-Mahdi will resign due to protests.
10-27-2019 Intel Guru Frank26 ...THE GOI AND CBI ARE TWO COMPLETELY DIFFERENT ENTITIES ...THE GOI HAS AN AGENDA SELFISHLY FOR THEMSELVES. AS THE CBI ALSO HAS ITS OWN AGENDA! NEITHER ONE STOPS THEIR GOALS DUE TO THE OTHER. IMO ALAQ AND THE CBI'S RI IS MARCHING... EVEN AS THE CITZ MARCH AGAINST THE GOI. AND IMO ...THE GOI CONTINUES TO STEAL THE CITZ'S MONEY AS THE CBI CONTINUES TO TRY TO BRING BACK THE CITZ'S THEIR MONEY...
10-27-2019 Newshound Guru ChrisC Article: "Barham Saleh holds an emergency meeting to discuss the dismissal of the government and the announcement of a transitional government" If you really look at the situation, this could have been predicted but is even more bold than I had anticipated. Remember the picture of him talking to Trump? Wasn't it this very guy that Trump said we have some really important things to talk about in private? ...I bet Trump had every person already picked for another govt., they just needed the people to make the choice of getting rid of the old one. I told you these guys are masters of this move. They come in and save the day and the people say "who was that masked man?".
10-27-2019 Newshound/Intel Guru David M. Witty Iraqi high level political source: Iraqi PM Abdel-Mahdi will resign due to protests.
10-27-2019 Intel Guru Frank26 ...THE GOI AND CBI ARE TWO COMPLETELY DIFFERENT ENTITIES ...THE GOI HAS AN AGENDA SELFISHLY FOR THEMSELVES. AS THE CBI ALSO HAS ITS OWN AGENDA! NEITHER ONE STOPS THEIR GOALS DUE TO THE OTHER. IMO ALAQ AND THE CBI'S RI IS MARCHING... EVEN AS THE CITZ MARCH AGAINST THE GOI. AND IMO ...THE GOI CONTINUES TO STEAL THE CITZ'S MONEY AS THE CBI CONTINUES TO TRY TO BRING BACK THE CITZ'S THEIR MONEY...
10-26-2019 Newshound/Intel Guru Mnt Goat ...This is why Iraq has the currency auctions and must continue the auctions until the OFAC sanctions are lifted. ...The bottom line is the US must lift OFAC sanctions against Iraq or the banks will not be exchanging our Iraq dinars. This is something as dinar holders we all need to be aware of and look for... this has nothing to do with UN Chapter VII sanctions. These are in-addition to the UN sanctions. This is in dealing with the US banks. [post 3 of 3]
10-26-2019 Newshound/Intel Guru Mnt Goat What are OFAC sanctions? The US Office of Foreign Assets Control (OFAC) is responsible for creating, implementing and enforcing the United States’ sanctions...All of the following types of financial transactions should be reviewed for OFAC compliance: Deposit (checking & savings) accounts, Loans, Credit Cards, Wire transfers, ACH transfers. ...Iraq has already prepared themselves for the day when these sanctions will be lifted. But not yet. [post 2 of 3....stay tuned]
10-26-2019 Newshound/Intel Guru Mnt Goat ...what is holding up the reinstatement of the Iraqi dinar. We heard news in December 2017 that...UN Chapter VII sanctions has been lifted...Many were excited and hoped this would also release the currency...that this would free up the monetary system for Iraq and allow them to reinstate the currency. But this is NOT the case and here is why. In the recent past I told you it is the US that is holding up the final steps... let me show you now how the US is involved in holding up the reinstatement of the Iraqi dinar. OFAC Sanctions... [post 1 of 3....stay tuned]
10-26-2019 Newshound Guru Kaperoni The truth is the riots and protests are escalating in Iraq. Civil unrest is becoming evident. Iraq is doing everything It can just to keep things from falling apart. No reforms, no investment and no laws are being passed. If and when there is ever any currency reform it'll be when the country is stable, the laws are passed to invite in foreign investment, people are working, and Iraq has something to export other than oil. Only then can the CBI create the conditions to allow the currency to rise.
10-26-2019 Newshound/Intel Guru Mnt Goat What are OFAC sanctions? The US Office of Foreign Assets Control (OFAC) is responsible for creating, implementing and enforcing the United States’ sanctions...All of the following types of financial transactions should be reviewed for OFAC compliance: Deposit (checking & savings) accounts, Loans, Credit Cards, Wire transfers, ACH transfers. ...Iraq has already prepared themselves for the day when these sanctions will be lifted. But not yet. [post 2 of 3....stay tuned]
10-26-2019 Newshound/Intel Guru Mnt Goat ...what is holding up the reinstatement of the Iraqi dinar. We heard news in December 2017 that...UN Chapter VII sanctions has been lifted...Many were excited and hoped this would also release the currency...that this would free up the monetary system for Iraq and allow them to reinstate the currency. But this is NOT the case and here is why. In the recent past I told you it is the US that is holding up the final steps... let me show you now how the US is involved in holding up the reinstatement of the Iraqi dinar. OFAC Sanctions... [post 1 of 3....stay tuned]
10-26-2019 Newshound Guru Kaperoni The truth is the riots and protests are escalating in Iraq. Civil unrest is becoming evident. Iraq is doing everything It can just to keep things from falling apart. No reforms, no investment and no laws are being passed. If and when there is ever any currency reform it'll be when the country is stable, the laws are passed to invite in foreign investment, people are working, and Iraq has something to export other than oil. Only then can the CBI create the conditions to allow the currency to rise.
10-25-2019 **** Dinar Guru Update **** UPDATE: Guru Walkingstick had surgery yesterday. Word is that the surgery went well and he is recovering from that but still has a ways to go. He has been struggling with cancer for some time now. Please keep him in your thoughts and prayers for a successful day and speedy recovery.
10-25-2019 Intel Guru Frank26 ...ALAQ HAS COME OUT ONCE AGAIN...AND EVEN DURING THIS CHAOS...TO TALK ABOUT THE MONETARY REFORM. THE CBI IS OVERSEEING THE REACTION OF TODAY AND IMO...IS TRYING TO TELL THE CITIZENS TO CALM DOWN SO THAT THEY CAN DO WHAT THEY WANT TO DO FOR THE CITIZENS OF IRAQ. BASED ON OUR STUDY...EXACTLY WHAT WE TOLD YOU WOULD HAPPEN TODAY.
10-25-2019 Intel Guru Bruce I believe that it is conceivable that we would get started hopefully not pushed off until Monday - or even Saturday... But, we can’t say for sure... ...we’re not to talk about rates so I won’t but I will say that our sources that are close to the forex are saying that the value of certain currencies we have are continually going up... We know that Iraq has way passed their 72 hr window – I believe it’s just a matter of timing for everything to get released to us and hopefully that is soon rather than later... [post 2 of 2]
10-25-2019 Intel Guru Bruce [via WiserNow] ...last night, yesterday...they were sending out trounces of large funds...The funding is in place - The money is there - waiting for us...we were supposed to receive our notifications before lunchtime today – So what happened? Treasury stopped it from going this morning because there was a change in the number of currencies that were going to be put out in the first offering or the first basket...ultimately the plan is to not have but one release not a second or third or fourth basket - those days are gone...they don’t want those of us that are a part of this first offering to double up and purchase additional currency that we know are going in the second or third or fourth basket...that was decided on this morning...that’s how close we are... [post 1 of 2....stay tuned]
10-25-2019 Intel Guru MarkZ This thing can go anytime...even a weekend imo... The reset is not dependent on a day or time. A lot of unrest in Iraq...this will continue until they get the new rate... My contacts in Iraq feel they will see they new rate this weekend...We are in the middle of one of the biggest events in history right now…
10-25-2019 Newshound Guru Kaperoni The dinar cannot RV...Nothing is about to happen other than acceptance of IMF Article VIII which we believe may happen early next year. As for the dinar exchange rate, I believe it'll gradually appreciate overtime as instructed by the IMF and the 2013 IMF Article IV Consultation. Following that directive allows for the currency to increase in value but also provides the tool the CBI needs to counter inflationary pressure created by an influx of capital as investors come to rebuild Iraq's infrastructure. I guess we'll have to see who's right, but my money is the CBI following the IMF and having tools and mechanisms to maintain price stability throughout the country.
10-25-2019 Intel Guru Bruce I believe that it is conceivable that we would get started hopefully not pushed off until Monday - or even Saturday... But, we can’t say for sure... ...we’re not to talk about rates so I won’t but I will say that our sources that are close to the forex are saying that the value of certain currencies we have are continually going up... We know that Iraq has way passed their 72 hr window – I believe it’s just a matter of timing for everything to get released to us and hopefully that is soon rather than later... [post 2 of 2]
10-25-2019 Intel Guru Bruce [via WiserNow] ...last night, yesterday...they were sending out trounces of large funds...The funding is in place - The money is there - waiting for us...we were supposed to receive our notifications before lunchtime today – So what happened? Treasury stopped it from going this morning because there was a change in the number of currencies that were going to be put out in the first offering or the first basket...ultimately the plan is to not have but one release not a second or third or fourth basket - those days are gone...they don’t want those of us that are a part of this first offering to double up and purchase additional currency that we know are going in the second or third or fourth basket...that was decided on this morning...that’s how close we are... [post 1 of 2....stay tuned]
10-25-2019 Intel Guru MarkZ This thing can go anytime...even a weekend imo... The reset is not dependent on a day or time. A lot of unrest in Iraq...this will continue until they get the new rate... My contacts in Iraq feel they will see they new rate this weekend...We are in the middle of one of the biggest events in history right now…
10-25-2019 Newshound Guru Kaperoni The dinar cannot RV...Nothing is about to happen other than acceptance of IMF Article VIII which we believe may happen early next year. As for the dinar exchange rate, I believe it'll gradually appreciate overtime as instructed by the IMF and the 2013 IMF Article IV Consultation. Following that directive allows for the currency to increase in value but also provides the tool the CBI needs to counter inflationary pressure created by an influx of capital as investors come to rebuild Iraq's infrastructure. I guess we'll have to see who's right, but my money is the CBI following the IMF and having tools and mechanisms to maintain price stability throughout the country.
10-24-2019 Intel Guru Delta Article: "Launch of the electronic platform Iraq Trade Point to provide information support to investors and businessmen" "...the platform has an active role in the development of electronic business transactions in order to support Iraq's economy internationally through its membership in the Federal Federation of World Trade Points..."
10-24-2019 Newshound Guru Kaperoni Article quote: "Large-scale demonstrations expected to take place October 25, 2019 after Friday prayers." The protests are ramping back up for tomorrow in Baghdad and throughout Iraq this could get ugly but hopefully it'll stay civil. We don't need more setbacks in reforms.
10-24-2019 Intel Guru MarkZ [via PDK] I know we are still in a very good place according to all sources. I am still told by bankers that this is it...this is our week...but they keep saying that while nothing happens...The lack of real news has me upset...yesterday should have been a big day for us all. The lack of information may be the calm before the storm, and I hope it is…Iraq is ready...Iraq is waiting on us and I think it’s the greedy bankers not letting it go...the gold is in place to back it up…they need to LET IT GO...I believe the reset and the gold standard will be released at the same time…if we were already on the gold standard IMO we would all already been paid.
10-24-2019 Intel Guru Frank26 ...IMO all the banks in Iraq received a schedule but not all received the lower denoms because the protesting on the 25th will determine if the rest are delivered or not...the 25th IMO can cancel the schedule but I don't think so...
10-24-2019 Newshound Guru MilitiaMan Article: "The Minister of Finance signs a Memorandum of Understanding in Washington with the World Bank" It sure looks like the Big Boyz have dotted some I's and Crossed some T's and it couldn't have come in a more timely manner, especially for the INTERNATIONAL INVESTORS to kick start the party. That party needs workers not unemployed demonstrators. International Investors need a rate that is internationally accepted. ...the reforms to have merit they need a rate, just as we await the depictions of the new medium of exchange to go along with that internationally accepted rate (NSCN's, Coins and or Fils) . imo Things are very exciting and we all should be pleased to see the way it it unfolding now...imo!
10-24-2019 Newshound Guru Kaperoni I hope people realize there's no such thing as an NDA when it comes to dinar...
10-24-2019 Newshound Guru Mnt Goat Taken from this site [below site link and image] on Tuesday Oct 22, 2019, Iraqi Dinar is at 84 cents sell rate (bid), but unfortunately the buy rate (when the banks buy it from you) is still 1/8 of a penny. You can see where they are going with this currency and what the rate will probably come out in Iraq once they delete the zeros. {Below image comes from: https://ferates.com/visa/usd . As of Thursday morning it is still showing same rates.}
10-24-2019 Newshound Guru Kaperoni Article quote: "Large-scale demonstrations expected to take place October 25, 2019 after Friday prayers." The protests are ramping back up for tomorrow in Baghdad and throughout Iraq this could get ugly but hopefully it'll stay civil. We don't need more setbacks in reforms.
10-24-2019 Intel Guru MarkZ [via PDK] I know we are still in a very good place according to all sources. I am still told by bankers that this is it...this is our week...but they keep saying that while nothing happens...The lack of real news has me upset...yesterday should have been a big day for us all. The lack of information may be the calm before the storm, and I hope it is…Iraq is ready...Iraq is waiting on us and I think it’s the greedy bankers not letting it go...the gold is in place to back it up…they need to LET IT GO...I believe the reset and the gold standard will be released at the same time…if we were already on the gold standard IMO we would all already been paid.
10-24-2019 Intel Guru Frank26 ...IMO all the banks in Iraq received a schedule but not all received the lower denoms because the protesting on the 25th will determine if the rest are delivered or not...the 25th IMO can cancel the schedule but I don't think so...
10-24-2019 Newshound Guru MilitiaMan Article: "The Minister of Finance signs a Memorandum of Understanding in Washington with the World Bank" It sure looks like the Big Boyz have dotted some I's and Crossed some T's and it couldn't have come in a more timely manner, especially for the INTERNATIONAL INVESTORS to kick start the party. That party needs workers not unemployed demonstrators. International Investors need a rate that is internationally accepted. ...the reforms to have merit they need a rate, just as we await the depictions of the new medium of exchange to go along with that internationally accepted rate (NSCN's, Coins and or Fils) . imo Things are very exciting and we all should be pleased to see the way it it unfolding now...imo!
10-24-2019 Newshound Guru Kaperoni I hope people realize there's no such thing as an NDA when it comes to dinar...
10-24-2019 Newshound Guru Mnt Goat Taken from this site [below site link and image] on Tuesday Oct 22, 2019, Iraqi Dinar is at 84 cents sell rate (bid), but unfortunately the buy rate (when the banks buy it from you) is still 1/8 of a penny. You can see where they are going with this currency and what the rate will probably come out in Iraq once they delete the zeros. {Below image comes from: https://ferates.com/visa/usd . As of Thursday morning it is still showing same rates.}
Screenshot from ferates.com for the dollar currency exchange - Iraqi dinar
10-23-2019 Intel Guru MarkZ [What is your guess on the dong street rate?] My guess is it will come out around .47 and be allowed to float...watch it closely.
10-23-2019 Intel Guru MarkZ I am being leaned on to not share much information right now...Depending on the NDA I sign – it will determine if I keep doing streams or not…I will strictly adhere to the NDA… In Iraq - there is no new rate at the street level as of yet. I have a contact there that I am trying to get pictures of LD’s from...I did hear the interbank rates from Iraq are available here in the US.
10-23-2019 Intel Guru Bruce [via WiserNow] ...Lets talk a little bit about what happened Saturday...Iraq reinstated/ or revalued their dinar...it was known to be international...It’s not known here yet – we know it early because of our contacts in Iraq - but that is excellent news...this is the first fruits of what we all have been waiting for 15-16 years as far as what the dinar could be worth - 8.22 - and I understand it went up slightly from there – it could be higher than that now...Now will the dong be far from it – should not be that far away...I know roughly Its going to be in that range...I want all you guys to realize how close we are to the end...
10-23-2019 Newshound/Intel Guru David M. Witty Iraqi PM Abdel-Mahdi to address nation tomorrow, one day before planned protests. He will discuss a number of reforms.
10-23-2019 Intel Guru MarkZ [the RV IS NOT SUPPOSED TO BE TAXED PER TRUMP.] I have heard that as well….but to be on the safe side- plan for taxes…prepare for the worst and hope for the best…and we all hope you are right. [NOTE: Other gurus feel it will be considered income...Consult your tax professional at the appropriate time.]
10-23-2019 Newshound/Intel Guru Mnt Goat ...We know that there are three lists of demands by the protestors. The first list included a demand to do away with the currency auctions...So, do they have plans to do away with the currency auctions any time soon? Yes...Can this all happen any time soon? Yes, it can and very quickly if there is permission to do it...If I were to guess I would say that they are waiting for the January 2020 timeframe, as we know for sure this is the best time to reinstate the currency due to accounting issues. The demands of the protestors might make this happen sooner than later. We just have to wait and see.
10-23-2019 Intel Guru MarkZ [Frank [Guru Frank26] thinks the Dong will rv at a later time] I have been told repeatedly it will go at the same time as the dinar...my redemption center contacts have trained to exchange the dong along with many other currencies in the first basket including IQD.
10-23-2019 Newshound Guru Kaperoni [does the price of oil have anything to do with Iraq adding value?] No. The price of oil is only relative to their budget because 50% of their budget is state salaries and the rest of it is operational expenses. So having consistent oil prices is important so that they can meet their budget every year. Iraq still hasn't delivered the 2020 budget [to?] Parliament for review and passing. This is a unique budget because it will include a government/private sector partnership to launch the market economy which could include up to $70 billion dollars additional expenses.
10-23-2019 Intel Guru MarkZ I am being leaned on to not share much information right now...Depending on the NDA I sign – it will determine if I keep doing streams or not…I will strictly adhere to the NDA… In Iraq - there is no new rate at the street level as of yet. I have a contact there that I am trying to get pictures of LD’s from...I did hear the interbank rates from Iraq are available here in the US.
10-23-2019 Intel Guru Bruce [via WiserNow] ...Lets talk a little bit about what happened Saturday...Iraq reinstated/ or revalued their dinar...it was known to be international...It’s not known here yet – we know it early because of our contacts in Iraq - but that is excellent news...this is the first fruits of what we all have been waiting for 15-16 years as far as what the dinar could be worth - 8.22 - and I understand it went up slightly from there – it could be higher than that now...Now will the dong be far from it – should not be that far away...I know roughly Its going to be in that range...I want all you guys to realize how close we are to the end...
10-23-2019 Newshound/Intel Guru David M. Witty Iraqi PM Abdel-Mahdi to address nation tomorrow, one day before planned protests. He will discuss a number of reforms.
10-23-2019 Intel Guru MarkZ [the RV IS NOT SUPPOSED TO BE TAXED PER TRUMP.] I have heard that as well….but to be on the safe side- plan for taxes…prepare for the worst and hope for the best…and we all hope you are right. [NOTE: Other gurus feel it will be considered income...Consult your tax professional at the appropriate time.]
10-23-2019 Newshound/Intel Guru Mnt Goat ...We know that there are three lists of demands by the protestors. The first list included a demand to do away with the currency auctions...So, do they have plans to do away with the currency auctions any time soon? Yes...Can this all happen any time soon? Yes, it can and very quickly if there is permission to do it...If I were to guess I would say that they are waiting for the January 2020 timeframe, as we know for sure this is the best time to reinstate the currency due to accounting issues. The demands of the protestors might make this happen sooner than later. We just have to wait and see.
10-23-2019 Intel Guru MarkZ [Frank [Guru Frank26] thinks the Dong will rv at a later time] I have been told repeatedly it will go at the same time as the dinar...my redemption center contacts have trained to exchange the dong along with many other currencies in the first basket including IQD.
10-23-2019 Newshound Guru Kaperoni [does the price of oil have anything to do with Iraq adding value?] No. The price of oil is only relative to their budget because 50% of their budget is state salaries and the rest of it is operational expenses. So having consistent oil prices is important so that they can meet their budget every year. Iraq still hasn't delivered the 2020 budget [to?] Parliament for review and passing. This is a unique budget because it will include a government/private sector partnership to launch the market economy which could include up to $70 billion dollars additional expenses.
10-22-2019 Newshound/Intel Guru Mnt Goat 5. part of the protesters demands is that they are sick and tired of promises by the GOI, finance committee and the CBI. They now want action and their demands fulfilled. This could be in our favor to pushing the US to approve the final steps of the project to delete the zeros. ...The request to continue with the “project to delete the zeros” has been made many times already and it has been stalled over and over again...This project includes ending the currency auctions and using the dinar globally for trade. It also includes eventually reinstating the dinar, repegging it, then placing it on the open-market currency trading platforms and placing it on a float. This is when we go to the bank. [post 2 of 2]
10-22-2019 Newshound/Intel Guru Mnt Goat what do we do know for sure? We know this: 1. to assist in developing the private sector initiatives in Iraq, they will need a viable currency and be on a level trading platform with the rest of the middle east and the world; 2. the private sector in Iraq will not take off until Iraq brings back its currency; 3. the CBI is ready to move ahead and has completed all banking reforms and progressed to the point of just waiting to issue the smaller of the smaller category notes at the banks; 4. corruption along with stalling by the US government to give permission to Iraq is the down side. The US is using the reinstatement as leverage to get what it wants from Iraq; [post 1 of 2...stay tuned]
10-22-2019 Intel Guru MarkZ Iraq is very hopeful for the new rate this week and are still saying they will go with or without us this week...I am sure they will be going with us, and hope to have a update soon. The chatter that got everyone excited over night is about “interbank rates” changing and moving which is an excellent sign we are very close. That we are right on top of it... I am more than a little excited about that.
10-22-2019 Intel Guru Frank26 Our broker called and told us...it's getting to the point where it's impossible to get the dinar now.
10-22-2019 Intel Guru MarkZ Lots of exciting chatter today…lots of rumors that I will only be allowed to do a few more streams before the NDA makes me go quiet. I am told by 2 different banking sources that I will still be allowed to deliver 800 numbers to you all. [Are we waiting for the LD’s to go first?] No – I think they will go the same time…and with all the articles out there in Iraq about LD’s we have to be close. [Could today still be a possibility?] It absolutely still could be a possibility.
10-22-2019 Intel Guru Frank26 IMO the lower denoms can't come out until: #1. The pictures and descriptions of them #2. The change in the rate.
10-22-2019 Newshound/Intel Guru Walkingstick (via Frank26) ...this Friday I believe the citizens will protest and it's not going to be a normal protest...This is the first time that we see a protest from the Iraqi citizens demanding for purchasing power, their oil proceeds rights and back pay...never have we seen this before. This is historical. The citizens are asking for what they were educated on and what they were promised and what they are entitled...they are focused on the reforms.
10-22-2019 Newshound Guru Jeff ...parliament and or the country of Iraq have very little left to do to be able to change the rate. Right now per the current facts and this can change...They only have two remaining steps. They obviously have to finish the formation of the government and get the proxies out...They gave us the back wall to get the proxies out as October 24...October 24 is not very far away now so we'll have to see how that plays out. The other thing they have to do is finish and approve the budget. Just yesterday two articles came out basically saying they they're close to reaching an agreement...
10-22-2019 Intel/Newshound Guru sandyf [Revaluation of Iraqi Dinar - The best example of Iraqi dinar revaluation is the Kuwaiti Dinar revaluation that occurred in 1990 and people who invested in the Kuwaiti dinar became billionaire over night.] ...As for Kuwait, there was never any revaluation, during the occupation the KWD was removed as the national currency and then reinstated. During that time the Central Bank of Kuwait still operated in exile and they never changed anything, a revaluation can only come from the Central Bank, anything else is speculation. This is how the reinstated value came about. "The banks were instructed to set their accounts at their August 1, 1990 levels, and to pay interest on savings and fixed deposit accounts for the entire period of the occupation."...
10-22-2019 Newshound/Intel Guru Mnt Goat what do we do know for sure? We know this: 1. to assist in developing the private sector initiatives in Iraq, they will need a viable currency and be on a level trading platform with the rest of the middle east and the world; 2. the private sector in Iraq will not take off until Iraq brings back its currency; 3. the CBI is ready to move ahead and has completed all banking reforms and progressed to the point of just waiting to issue the smaller of the smaller category notes at the banks; 4. corruption along with stalling by the US government to give permission to Iraq is the down side. The US is using the reinstatement as leverage to get what it wants from Iraq; [post 1 of 2...stay tuned]
10-22-2019 Intel Guru MarkZ Iraq is very hopeful for the new rate this week and are still saying they will go with or without us this week...I am sure they will be going with us, and hope to have a update soon. The chatter that got everyone excited over night is about “interbank rates” changing and moving which is an excellent sign we are very close. That we are right on top of it... I am more than a little excited about that.
10-22-2019 Intel Guru Frank26 Our broker called and told us...it's getting to the point where it's impossible to get the dinar now.
10-22-2019 Intel Guru MarkZ Lots of exciting chatter today…lots of rumors that I will only be allowed to do a few more streams before the NDA makes me go quiet. I am told by 2 different banking sources that I will still be allowed to deliver 800 numbers to you all. [Are we waiting for the LD’s to go first?] No – I think they will go the same time…and with all the articles out there in Iraq about LD’s we have to be close. [Could today still be a possibility?] It absolutely still could be a possibility.
10-22-2019 Intel Guru Frank26 IMO the lower denoms can't come out until: #1. The pictures and descriptions of them #2. The change in the rate.
10-22-2019 Newshound/Intel Guru Walkingstick (via Frank26) ...this Friday I believe the citizens will protest and it's not going to be a normal protest...This is the first time that we see a protest from the Iraqi citizens demanding for purchasing power, their oil proceeds rights and back pay...never have we seen this before. This is historical. The citizens are asking for what they were educated on and what they were promised and what they are entitled...they are focused on the reforms.
10-22-2019 Newshound Guru Jeff ...parliament and or the country of Iraq have very little left to do to be able to change the rate. Right now per the current facts and this can change...They only have two remaining steps. They obviously have to finish the formation of the government and get the proxies out...They gave us the back wall to get the proxies out as October 24...October 24 is not very far away now so we'll have to see how that plays out. The other thing they have to do is finish and approve the budget. Just yesterday two articles came out basically saying they they're close to reaching an agreement...
10-22-2019 Intel/Newshound Guru sandyf [Revaluation of Iraqi Dinar - The best example of Iraqi dinar revaluation is the Kuwaiti Dinar revaluation that occurred in 1990 and people who invested in the Kuwaiti dinar became billionaire over night.] ...As for Kuwait, there was never any revaluation, during the occupation the KWD was removed as the national currency and then reinstated. During that time the Central Bank of Kuwait still operated in exile and they never changed anything, a revaluation can only come from the Central Bank, anything else is speculation. This is how the reinstated value came about. "The banks were instructed to set their accounts at their August 1, 1990 levels, and to pay interest on savings and fixed deposit accounts for the entire period of the occupation."...
10-21-2019 Newshound Guru ChrisC More than a few people have contacted me...about what is going on with the...RV. ...I see the possibility of ending this deal this week before stuff hits the fan on Friday...IMO.
10-21-2019 Intel Guru MarkZ [Is the dong rate still at $2.25?] I am hearing anything from .47 to $2.25.
10-21-2019 Intel Guru MarkZ [via PDK] In Iraq we are hearing in-country at $3.91 and a rumor of $8 possibly out of country …It is a rumor as of now…but from several sources…trying to vet this... The Chinese do have the power to force this…they control the gold...they want it done right though…The people in Reno desperately want this done so they can go home…I still think the UST is the hold up... [Will we all be under a NDA?] Its very possible …we will not know until we exchange…I hear it will be around 90 days…but all is rumor until we exchange. [Are you still expecting the RV in Oct?] I absolutely am still expecting it in Oct…and am very excited about this week.
10-21-2019 Intel Guru Sergio My Conversation with the WTO ...1 Question: Does the WTO have anything to do with the exchange rate of Iraq? Answer: No the WTO facilitates the trade of goods and services between countries. 2 Question: What is the hold up of Iraq becoming a full member of the WTO? Answer: ...The stats on Iraq is that they still have not provided a service and goods assessment. 3 Question: Do you know anything that if Iraq becomes a full member of the WTO that Iraq's exchange rate would go up. Answer: I can not say with any type of authority or knowledge that that will happen, our main position as i said before is to facilitate Trade. ...
10-21-2019 Intel Guru MarkZ [Is the dong rate still at $2.25?] I am hearing anything from .47 to $2.25.
10-21-2019 Intel Guru MarkZ [via PDK] In Iraq we are hearing in-country at $3.91 and a rumor of $8 possibly out of country …It is a rumor as of now…but from several sources…trying to vet this... The Chinese do have the power to force this…they control the gold...they want it done right though…The people in Reno desperately want this done so they can go home…I still think the UST is the hold up... [Will we all be under a NDA?] Its very possible …we will not know until we exchange…I hear it will be around 90 days…but all is rumor until we exchange. [Are you still expecting the RV in Oct?] I absolutely am still expecting it in Oct…and am very excited about this week.
10-21-2019 Intel Guru Sergio My Conversation with the WTO ...1 Question: Does the WTO have anything to do with the exchange rate of Iraq? Answer: No the WTO facilitates the trade of goods and services between countries. 2 Question: What is the hold up of Iraq becoming a full member of the WTO? Answer: ...The stats on Iraq is that they still have not provided a service and goods assessment. 3 Question: Do you know anything that if Iraq becomes a full member of the WTO that Iraq's exchange rate would go up. Answer: I can not say with any type of authority or knowledge that that will happen, our main position as i said before is to facilitate Trade. ...
10-20-2019 Intel Guru Sergio Hello everyone. I have a UN update. I just got off the phone with the person who heads the communication with IRAQ. Call went like this...i have a question on Iraq Chapter 7 and their currency. ...I said i wanted to know if Iraq has to come out of chapter 7 before they can have a tradable Currency? He said NO!! i then told him i was told from a person in the UN before that they would have to come out of Chapter 7 he said the person gave me the wrong answer...
10-20-2019 Intel Guru Frank26 Article quote: "Together with my delegation, I met today in #Washington with @FeridBelhaj , @WorldBank VP- ME and NA and his team. We discussed the various projects the WB is undertaking in #Iraq & agreed to adapt new methodologies to expedite implementation." "EXPEDITE IMPLEMENTATION" ...FUAD/IMF/WB/UST/WDC...
10-20-2019 Newshound Guru larrykn Article: "Sadr urges protesters to take back to streets on Friday" The demonstrators might be the key to what we want to see...the pressure is on now...what Sadr says will come to be most of the time, so lets see what happens.
10-20-2019 Newshound/Intel Guru Francis Albert Some believe that Iraq is Sovereign and the GOI and CBI can do what they wish. This is just a short paragraph from Sadr's Friday address to the mosques. “...They all know that they have surrendered to those outside the border and that they will not be able to make any decision without their consent,”
10-20-2019 Intel Guru RayRen98 EXCHANGE LOCATION CENTERS DON'T EXPECT TO BE STAFFED UNTIL MONDAY...SO RELAX OR PARTY HEARTY, IT'S YOUR CHOICE. HINT: BE PREPARED TO NEGOTIATE "ANY" RATE THAT IS ON THE SCREEN AT EXCHANGE TIME ...JUS SAYIN'.
10-20-2019 Intel Guru Frank26 Article quote: "Together with my delegation, I met today in #Washington with @FeridBelhaj , @WorldBank VP- ME and NA and his team. We discussed the various projects the WB is undertaking in #Iraq & agreed to adapt new methodologies to expedite implementation." "EXPEDITE IMPLEMENTATION" ...FUAD/IMF/WB/UST/WDC...
10-20-2019 Newshound Guru larrykn Article: "Sadr urges protesters to take back to streets on Friday" The demonstrators might be the key to what we want to see...the pressure is on now...what Sadr says will come to be most of the time, so lets see what happens.
10-20-2019 Newshound/Intel Guru Francis Albert Some believe that Iraq is Sovereign and the GOI and CBI can do what they wish. This is just a short paragraph from Sadr's Friday address to the mosques. “...They all know that they have surrendered to those outside the border and that they will not be able to make any decision without their consent,”
10-20-2019 Intel Guru RayRen98 EXCHANGE LOCATION CENTERS DON'T EXPECT TO BE STAFFED UNTIL MONDAY...SO RELAX OR PARTY HEARTY, IT'S YOUR CHOICE. HINT: BE PREPARED TO NEGOTIATE "ANY" RATE THAT IS ON THE SCREEN AT EXCHANGE TIME ...JUS SAYIN'.
10-18-2019 Intel Guru MarkZ [via PDK] [Do you still think there will be no taxes on our exchange.] That is what I was told...It’s best to prepare for anything however. If there are taxes the good news is for most of us it will be long-term capital gains. [NOTE: Other gurus feel the dinar will be treated as ordinary income. Consult your tax professional at the appropriate time.]
10-18-2019 Newshound Guru Bloodloch "We’ve taken control of the oil in the Middle East, the oil that we’re talking about, the oil that everybody was worried about. We have the U.S. control of that,” Trump said..." Literally? Allegorically? Financially? At the very least, it is an intriguing statement.
10-18-2019 Intel Guru MarkZ [via PDK] I still feel we are very close...right on the edge of seeing this all happen for us. I’m still excited at where we are. There are a few things that I cannot share that makes me believe we will be underway in Oct. In Iraq they still are planning on going without the US if it doesn’t happen by next week. If this happens it will be “in-country” at first…but do not worry…It will force things to move quicker internationally IMO…
10-18-2019 Newshound Guru Kaperoni ...I've never said Parliament sets monetary policy. But Parliament passes laws and they can pass a law to remove the zeros off the notes or change the value of the notes. Like all countries that Redenominate their government must pass a law first. ...We don't want Parliament involved.
10-18-2019 Newshound/Intel Guru David M. Witty Iraqi protest coordinators delay planned 25 October protests until 22 November & give government 30 days to amend the constitution.
10-18-2019 Newshound/Intel Guru Mnt Goat Article: "POLITICAL DIFFERENCES STILL CONSTITUTE AN OBSTACLE TO THE LEGISLATION OF THE OIL AND GAS LAW" I keep telling everyone that the oil and gas law is imperative to getting the reinstatement of the Iraqi dinar. So, here is yet another article telling us the importance of it. I especially like this last statement and I quote – “stressing that the law, if approved, will join the sale of oil in terms of economic return”. Funny how this law comes up whenever we are in a period of time when we think that perhaps the project to delete the zeros might take off soon and be completed.
10-18-2019 Newshound Guru Bloodloch "We’ve taken control of the oil in the Middle East, the oil that we’re talking about, the oil that everybody was worried about. We have the U.S. control of that,” Trump said..." Literally? Allegorically? Financially? At the very least, it is an intriguing statement.
10-18-2019 Intel Guru MarkZ [via PDK] I still feel we are very close...right on the edge of seeing this all happen for us. I’m still excited at where we are. There are a few things that I cannot share that makes me believe we will be underway in Oct. In Iraq they still are planning on going without the US if it doesn’t happen by next week. If this happens it will be “in-country” at first…but do not worry…It will force things to move quicker internationally IMO…
10-18-2019 Newshound Guru Kaperoni ...I've never said Parliament sets monetary policy. But Parliament passes laws and they can pass a law to remove the zeros off the notes or change the value of the notes. Like all countries that Redenominate their government must pass a law first. ...We don't want Parliament involved.
10-18-2019 Newshound/Intel Guru David M. Witty Iraqi protest coordinators delay planned 25 October protests until 22 November & give government 30 days to amend the constitution.
10-18-2019 Newshound/Intel Guru Mnt Goat Article: "POLITICAL DIFFERENCES STILL CONSTITUTE AN OBSTACLE TO THE LEGISLATION OF THE OIL AND GAS LAW" I keep telling everyone that the oil and gas law is imperative to getting the reinstatement of the Iraqi dinar. So, here is yet another article telling us the importance of it. I especially like this last statement and I quote – “stressing that the law, if approved, will join the sale of oil in terms of economic return”. Funny how this law comes up whenever we are in a period of time when we think that perhaps the project to delete the zeros might take off soon and be completed.
10-19-2019 Newshound/Intel Guru Francis Albert ...This may be nothing, but it appears Minister of Finance has met with 3 of the 4 parties many believe are on the top of the food chain for currency reform in Iraq. World Bank, IMF and U.S. Treasury. Could just be a fast ball in the dirt to swing at so be careful. ...my understanding of politics and Central banking over many years... Any thing can happen overnight with just a few signatures from folks with the same motives. ...Very possible that President Trump is the man in all this. If so, He' smart enough to release it when it is just the right time for his needs.
10-19-2019 Intel Guru Frank26 ...LAST WEEK THE MINISTER OF FINANCE OF THE GOI MET WITH ONE OF THE FAB FOUR IN WASHINGTON DC...THE IMF. THEN DAYS LATER HE MET WITH...A SECOND OF THE FAB FOUR IN WASHINGTON DC ...THE UST WITH STEVE MNUCHIN. THEN...TODAY...THIS MINISTER OF FINANCE OF THE GOI MET WITH ...THE EXECUTIVE DIRECTOR OF THE...WORLD BANK...A THIRD OF THE FAB FOUR. ...THE PRESIDENT OF THE UNITED STATES DONALD J. TRUMP...THE FOURTH OF THE FAB FOUR...WILL NOW BECOME MORE DEEPLY INVOLVED WITH...IRAQ!!! "Who's Your Daddy".
10-19-2019 Newshound Guru larrykn I think it will happen or I wouldn't be here. the ? is when and what year. I was hoping that the protest over there would turn in our favor but no one would know what Iraq will do. they surprise us all the time.
10-19-2019 Intel Guru Frank26 Who do you think is in charge of the Iraqi monetary reform? ...I believe the fab 4 are in charge of the of monetary reform. We've seen it proven over and over again...the IMF, WB, UST, President of the U.S...the Fab 4 were ready many many years ago when Obama was in control...Obama decided to pull back the troops and ISIS took over and that just killed the reinstatement of the Iraqi dinar...Trump's administration will now focus on Iraq...Donald Trump...is now going to get heavily involved with Iraq..
10-19-2019 Intel Guru Sergio I devoted so much time in contacting people all over to get info from the WTO IMF Trade Bank Bank Presidents I was on a mission. And what it all came back is The CBI is the one who decides.
10-19-2019 Intel Guru Frank26 ...LAST WEEK THE MINISTER OF FINANCE OF THE GOI MET WITH ONE OF THE FAB FOUR IN WASHINGTON DC...THE IMF. THEN DAYS LATER HE MET WITH...A SECOND OF THE FAB FOUR IN WASHINGTON DC ...THE UST WITH STEVE MNUCHIN. THEN...TODAY...THIS MINISTER OF FINANCE OF THE GOI MET WITH ...THE EXECUTIVE DIRECTOR OF THE...WORLD BANK...A THIRD OF THE FAB FOUR. ...THE PRESIDENT OF THE UNITED STATES DONALD J. TRUMP...THE FOURTH OF THE FAB FOUR...WILL NOW BECOME MORE DEEPLY INVOLVED WITH...IRAQ!!! "Who's Your Daddy".
10-19-2019 Newshound Guru larrykn I think it will happen or I wouldn't be here. the ? is when and what year. I was hoping that the protest over there would turn in our favor but no one would know what Iraq will do. they surprise us all the time.
10-19-2019 Intel Guru Frank26 Who do you think is in charge of the Iraqi monetary reform? ...I believe the fab 4 are in charge of the of monetary reform. We've seen it proven over and over again...the IMF, WB, UST, President of the U.S...the Fab 4 were ready many many years ago when Obama was in control...Obama decided to pull back the troops and ISIS took over and that just killed the reinstatement of the Iraqi dinar...Trump's administration will now focus on Iraq...Donald Trump...is now going to get heavily involved with Iraq..
10-19-2019 Intel Guru Sergio I devoted so much time in contacting people all over to get info from the WTO IMF Trade Bank Bank Presidents I was on a mission. And what it all came back is The CBI is the one who decides.
10-17-2019 Newshound Guru Jeff ...about a month ago they told us in the month of February they were going to implement financial controls and measures at the ports and borders to control the funding and financing of terrorism and money laundering. The only reason you would implement those types of steps is most likely for a rate change...
10-17-2019 Intel/Newshound Guru Francis Albert To respond to Kap's quote [Reference Guru Kaperoni's 10-16-2019 Post] ...the balance sheet from CBI shows 48 Trillion Dinar "out there." Higher than what Kap has been saying. The things I believe he's missing. Firstly the Oil Credits and the banks create the dollars, UST ends up with oodles of Dinar and exchange bank to CBI, (when it is comfortable for Iraq ), at a cheap oil cost. Without the credits the whole point of the war is moot. Secondly, no one, including myself or Kap knows where these 48 Trillion Dinar are. He's assuming if Dinar goes from current to .50 then Iraq has to pony up 24 Trillion Dollars. Bad assumption. IMO, the vast, vast majority of these Dinar are in Central Banks around the globe. The very Central Banks that orchestrated the war. They have all the prerogative in the World to exchange whenever they want, up to 10 years..or not at all.
10-17-2019 Newshound/Intel Guru RVAlready ...People are speculating that Iraq wants this done before the Oct 25 protests...However the big pilgrimage to Karbala Iraq is Sat - Sun this week. I cannot help the feeling that they should have done this in January or earlier, instead of waiting until October...All of those in charge certainly need to quit the procrastination, and deliver the RV.
10-17-2019 Newshound Guru Kaperoni An article...last evening indicated that Parliament will get the 2020 budget by the end of this week to begin review. ...also...an article...stated that on October 26th is when they'll vote on special grades that has been postponed from the 24th. This is an important date for all as it pertains to CBI governor.
10-17-2019 Intel Guru MarkZ [via PDK] There is a lot of chatter about things happening on the 19th …several people I know say its significant. I have seen a lot of behind the scenes stuff…some I cannot comment on…If I had to make a guess…I think this may be our weekend...you go to bed on a Saturday Night and wake up Sunday to a new Financial world...or something like that. I think we are right on top of it...based on what I am hearing. The biggest news is from Iraq…they are worried about the protests and unrest in the country…They need to release the rv now…they are feeling great pressure to get the RV or RI out the door...I hear they will go with or without the US…I think they will go “with” us and we are that close. [What is the significance of Lower Denominations’s being released?] LD’s is big news guys...they would not be releasing those if they were not changing the value of their currency...This is a huge sign we are close.
10-17-2019 Newshound/Intel Guru Mnt Goat So, where do we stand today on getting this reinstatement of the Iraqi dinar? We know that in order for Iraq to be successful financially and economically at the level they desire, they will soon have to reinstate the dinar to the global currency exchanges and trade their currency openly. The ISX does not trade currencies but getting the ISX hooked into the NASDAQ system certainly is a plus and speaks volumes of where they are heading. There are now plans to go ahead again as the CBI and the Finance Committee has told us many times already this is their plan. Remember the article in early 2019 telling us they plan to complete this currency reform in 2019? But when will they finally move ahead with the next stage, that of the implementation of the project to delete the zeros? We know that the coins and the smaller of the smaller category notes are already staged at the banks and ready for use. How long can the banks tie up this money without using it to benefit the bank’s profit margin?
10-17-2019 Newshound Guru Jeff ...there are two things that have to happen for the rate to change. The first one is Iraq must finish the formation of the government...they've put that into hyper-speed since the demonstrations ...There's a good chance they could have that done by the end of the year...they just have to get the proxies out and do a cabinet reshuffle...the other thing we are waiting on is the 2020 budget. The reason why? First off lots of monies in this 2020 budget being utilized for the rate change...it will have Article 140 in it. HCL, those are monies that will be given back to the citizens...they could finish the budget around February...
10-17-2019 Intel/Newshound Guru Francis Albert To respond to Kap's quote [Reference Guru Kaperoni's 10-16-2019 Post] ...the balance sheet from CBI shows 48 Trillion Dinar "out there." Higher than what Kap has been saying. The things I believe he's missing. Firstly the Oil Credits and the banks create the dollars, UST ends up with oodles of Dinar and exchange bank to CBI, (when it is comfortable for Iraq ), at a cheap oil cost. Without the credits the whole point of the war is moot. Secondly, no one, including myself or Kap knows where these 48 Trillion Dinar are. He's assuming if Dinar goes from current to .50 then Iraq has to pony up 24 Trillion Dollars. Bad assumption. IMO, the vast, vast majority of these Dinar are in Central Banks around the globe. The very Central Banks that orchestrated the war. They have all the prerogative in the World to exchange whenever they want, up to 10 years..or not at all.
10-17-2019 Newshound/Intel Guru RVAlready ...People are speculating that Iraq wants this done before the Oct 25 protests...However the big pilgrimage to Karbala Iraq is Sat - Sun this week. I cannot help the feeling that they should have done this in January or earlier, instead of waiting until October...All of those in charge certainly need to quit the procrastination, and deliver the RV.
10-17-2019 Newshound Guru Kaperoni An article...last evening indicated that Parliament will get the 2020 budget by the end of this week to begin review. ...also...an article...stated that on October 26th is when they'll vote on special grades that has been postponed from the 24th. This is an important date for all as it pertains to CBI governor.
10-17-2019 Intel Guru MarkZ [via PDK] There is a lot of chatter about things happening on the 19th …several people I know say its significant. I have seen a lot of behind the scenes stuff…some I cannot comment on…If I had to make a guess…I think this may be our weekend...you go to bed on a Saturday Night and wake up Sunday to a new Financial world...or something like that. I think we are right on top of it...based on what I am hearing. The biggest news is from Iraq…they are worried about the protests and unrest in the country…They need to release the rv now…they are feeling great pressure to get the RV or RI out the door...I hear they will go with or without the US…I think they will go “with” us and we are that close. [What is the significance of Lower Denominations’s being released?] LD’s is big news guys...they would not be releasing those if they were not changing the value of their currency...This is a huge sign we are close.
10-17-2019 Newshound/Intel Guru Mnt Goat So, where do we stand today on getting this reinstatement of the Iraqi dinar? We know that in order for Iraq to be successful financially and economically at the level they desire, they will soon have to reinstate the dinar to the global currency exchanges and trade their currency openly. The ISX does not trade currencies but getting the ISX hooked into the NASDAQ system certainly is a plus and speaks volumes of where they are heading. There are now plans to go ahead again as the CBI and the Finance Committee has told us many times already this is their plan. Remember the article in early 2019 telling us they plan to complete this currency reform in 2019? But when will they finally move ahead with the next stage, that of the implementation of the project to delete the zeros? We know that the coins and the smaller of the smaller category notes are already staged at the banks and ready for use. How long can the banks tie up this money without using it to benefit the bank’s profit margin?
10-17-2019 Newshound Guru Jeff ...there are two things that have to happen for the rate to change. The first one is Iraq must finish the formation of the government...they've put that into hyper-speed since the demonstrations ...There's a good chance they could have that done by the end of the year...they just have to get the proxies out and do a cabinet reshuffle...the other thing we are waiting on is the 2020 budget. The reason why? First off lots of monies in this 2020 budget being utilized for the rate change...it will have Article 140 in it. HCL, those are monies that will be given back to the citizens...they could finish the budget around February...
10-16-2019 Newshound Guru Kaperoni ...the IMF is part of the United Nations. There is an agreement with every member country that they will follow the directives as a member. But Iraq is different as well because in December of 2015 they signed an agreement known as a standby agreement with Iraq to allow the IMF to be trustee over the CBI. If you look up the definition of a trustee you will see that they have control. And as a result, significant progress has been made at the CBI over the last few years in many areas. I'm sure they can make a move without the IMF but Iraq is an emerging market and they want to be part of the UN and they want to be part of the IMF and they want the world to do business with them so it would be probably foolish to make a move of any kind without consulting with the IMF first.
10-16-2019 Newshound Guru Kaperoni When people read these documents and they're talking about dinar in circulation and they're referencing billions...That is correct but that is in relationship to dollars. At the current exchange rate the cbi's liability for in excess of 42 trillion dinar is at or around 40 billion dollars...But if they were to RV at let's say 1 to 1 then the liability would become $42 trillion dollars...and this is why we say the CBI could never substantially RV because they couldn't afford $42 trillion dollars. That is why Parliament wants to pass a law to Lop the zeros because the liability of 42 trillion would in fact then become 42 billion...the CBI is responsible for managing monetary policy and keeping its stability ...any kind of significant RV would throw the entire monetary policy into chaos.
10-16-2019 Intel/Newshound Guru sandyf [...they say there is 42 trillion OUTSIDE of Iraq...] I don't know [who?] "they" are but I have never seen anyone say that. The only figure that means anything is the liability for currency in the CBI accounts and that currently stands at 48.5 trillion dinar... The accounts for 2005 showed that approximately 6 trillion was required to exchange previous versions into the new dinar and since then the amount has grown significantly each year. How much currency outside Iraq is pure speculation but comparisons to population and business growth have put estimates at around 25 - 40%.
10-16-2019 Intel Guru MarkZ The new rate is not published today in the Gazette...they are still expecting the new rate at any time plus releasing the LD’s this week. [Is the dong still in the first basket?] I hear that the VND dong will absolutely still be in the first basket. [Does Chinese trade deal need to be done first?... before we get the 800 numbers?] I do not think so...I believe everything is done and signed that needs to be done and signed.
10-16-2019 Intel Gurus Walkingstick & Frank26 ...IMO they have a date and they have a time to deliver the lower denoms. Yesterday they delivered a receipt. The only ting missing yesterday was the pictures and the descriptions of the lower denoms...I can't prove it to you...Does anyone want to bet me that they will see them [lower denoms] in the next week or so?
10-16-2019 Guest Guru Francis Albert I have no sources, just a pretty good understanding of finance, Central Banking etc. and there's no way one can objectively look at the actions of the CBI over the past few years and especially the past six months, and come to any other conclusion that there's currency reform underway in Iraq...everything they've done and are doing as we speak is just what investors in this want to see.
10-16-2019 Newshound Guru Kaperoni When people read these documents and they're talking about dinar in circulation and they're referencing billions...That is correct but that is in relationship to dollars. At the current exchange rate the cbi's liability for in excess of 42 trillion dinar is at or around 40 billion dollars...But if they were to RV at let's say 1 to 1 then the liability would become $42 trillion dollars...and this is why we say the CBI could never substantially RV because they couldn't afford $42 trillion dollars. That is why Parliament wants to pass a law to Lop the zeros because the liability of 42 trillion would in fact then become 42 billion...the CBI is responsible for managing monetary policy and keeping its stability ...any kind of significant RV would throw the entire monetary policy into chaos.
10-16-2019 Intel/Newshound Guru sandyf [...they say there is 42 trillion OUTSIDE of Iraq...] I don't know [who?] "they" are but I have never seen anyone say that. The only figure that means anything is the liability for currency in the CBI accounts and that currently stands at 48.5 trillion dinar... The accounts for 2005 showed that approximately 6 trillion was required to exchange previous versions into the new dinar and since then the amount has grown significantly each year. How much currency outside Iraq is pure speculation but comparisons to population and business growth have put estimates at around 25 - 40%.
10-16-2019 Intel Guru MarkZ The new rate is not published today in the Gazette...they are still expecting the new rate at any time plus releasing the LD’s this week. [Is the dong still in the first basket?] I hear that the VND dong will absolutely still be in the first basket. [Does Chinese trade deal need to be done first?... before we get the 800 numbers?] I do not think so...I believe everything is done and signed that needs to be done and signed.
10-16-2019 Intel Gurus Walkingstick & Frank26 ...IMO they have a date and they have a time to deliver the lower denoms. Yesterday they delivered a receipt. The only ting missing yesterday was the pictures and the descriptions of the lower denoms...I can't prove it to you...Does anyone want to bet me that they will see them [lower denoms] in the next week or so?
10-16-2019 Guest Guru Francis Albert I have no sources, just a pretty good understanding of finance, Central Banking etc. and there's no way one can objectively look at the actions of the CBI over the past few years and especially the past six months, and come to any other conclusion that there's currency reform underway in Iraq...everything they've done and are doing as we speak is just what investors in this want to see.
10-15-2019 Intel Guru MarkZ We are a different world today then we were when Kuwait RV’ed. At that time Kuwait had a 10 day in-country rate only before it was released t the rest of the world…..with the internet and fast communication today….i do not think the new rate can stay hidden.
10-15-2019 Newshound/Intel Guru BGG According to this article... “The protests are back on the 25th of this month" The demonstrators identify 23 demands The demonstrator demands listed include: # 1) declare a real war on corruption and open all the files of corruption and with the help of specialized international bodies to issues of corruption and the enactment of the law where you (got) This. # 5) Cancellation of the currency auction and the adoption of free market policy.
10-15-2019 Intel Guru Delta Article: "The International Finance Corporation ( IFC ) has adopted the "Guide to Corporate Governance for Iraqi Banks" issued by the Central Bank of Iraq." This bank explains that the guide has been recognized, published globally and added to international and international regulations for the first time.
10-15-2019 Intel/Newshound Guru sandyf ...When Iraq talks about raising the value, they are talking about the monetary unit. All there articles are referring to the 3 zeros, a redenomination, and in any redenomination the monetary unit rises from one value to another. Floating the currency, although a possibility, is a tremendous gamble for an emerging economy. History has shown there is as much chance of it going down as up, Egypt being a classic example.
10-15-2019 Intel Guru MarkZ It’s a painful week as we are so close….on the edge of our seats again this week...Still hearing this is our week. I do not see any can kicking. Everything points to we are in the middle of the global Currency Reset. I think we are right on the edge of seeing what we all are waiting for. I think it’s processing and the reset will soon be out the door. We are right at the precipice. Still hearing they are educating the citizens in Iraq. They are still excited for tomorrow - Wed.to see a change in rate. I think there is a very good chance we could be at the banks by this weekend.
10-15-2019 Intel Guru Frank26 ...monetary reform has nothing to do with the protesting...The protesting is a tool to put pressure on the CBI and the GOI to get their act together. What does the GOI have to do? Get rid of the Iranians...What does the CBI have to do? Currency reform so the GOI can do economic reform. And where are we with the CBI? This close [Fingers pushed together]! ...this Monday, today, IMO the banks in Iraq today received the lower denoms. What did we need for the lower denoms to be put into the hands of the citizens? ...the pictures and the descriptions...Did you see the pictures and the descriptions...? No...But the CBI is going about their business...IMO the lower denoms were delivered. Do we know that for a fact? No...maybe tomorrow, or Wednesday or Thursday [Guru] Walkingstick's firm will get in touch with him...and they will tell him, 'yeah we got them' or 'no, we didn't get them.'...you're not going to see the lower denoms...1st we have to see the pictures and descriptions of these lower denoms. It's called the education and it's very essential to the lava flow...
10-15-2019 Newshound Guru Jeff ...with Kuwait when they revalued they didn't have everything 100% positioned. They were still in a little bit of disarray and upside down...Even when they did revalue, this was March 24, 1991 it was a Sunday, Kuwait didn't even have electricity 100% turned back on and they didn't even have computers ready to go at the banks. The day they did the rate change they were having to do paper transactions at the banks. So they were more disorganized back then. Let's now look at Iraq. Iraq is dotting every "I" and crossing every "T". They're making sure that everything is 100% positioned and prefect. Iraq has used this entire year to set the rate change for this...they're getting everything ready for the 2020 budget...so those are going to be the big difference between both Kuwait and Iraq...
10-15-2019 Newshound Guru Kaperoni [show me when CBI stated free float?] ...it's not that cut and dry...it's not a question of the CBI saying they're going to float or free float or anything like that...it's what countries do. If you simply look at how countries evolve you will see they don't RV. They go from a fixed exchange rate to a float that is part of the transition because it's necessary to offset that inflationary pressure that's created from the economic and financial influx of investment...Iraq though has a lot more resources than most...they still have to follow the same rules.
10-15-2019 Newshound/Intel Guru BGG According to this article... “The protests are back on the 25th of this month" The demonstrators identify 23 demands The demonstrator demands listed include: # 1) declare a real war on corruption and open all the files of corruption and with the help of specialized international bodies to issues of corruption and the enactment of the law where you (got) This. # 5) Cancellation of the currency auction and the adoption of free market policy.
10-15-2019 Intel Guru Delta Article: "The International Finance Corporation ( IFC ) has adopted the "Guide to Corporate Governance for Iraqi Banks" issued by the Central Bank of Iraq." This bank explains that the guide has been recognized, published globally and added to international and international regulations for the first time.
10-15-2019 Intel/Newshound Guru sandyf ...When Iraq talks about raising the value, they are talking about the monetary unit. All there articles are referring to the 3 zeros, a redenomination, and in any redenomination the monetary unit rises from one value to another. Floating the currency, although a possibility, is a tremendous gamble for an emerging economy. History has shown there is as much chance of it going down as up, Egypt being a classic example.
10-15-2019 Intel Guru MarkZ It’s a painful week as we are so close….on the edge of our seats again this week...Still hearing this is our week. I do not see any can kicking. Everything points to we are in the middle of the global Currency Reset. I think we are right on the edge of seeing what we all are waiting for. I think it’s processing and the reset will soon be out the door. We are right at the precipice. Still hearing they are educating the citizens in Iraq. They are still excited for tomorrow - Wed.to see a change in rate. I think there is a very good chance we could be at the banks by this weekend.
10-15-2019 Intel Guru Frank26 ...monetary reform has nothing to do with the protesting...The protesting is a tool to put pressure on the CBI and the GOI to get their act together. What does the GOI have to do? Get rid of the Iranians...What does the CBI have to do? Currency reform so the GOI can do economic reform. And where are we with the CBI? This close [Fingers pushed together]! ...this Monday, today, IMO the banks in Iraq today received the lower denoms. What did we need for the lower denoms to be put into the hands of the citizens? ...the pictures and the descriptions...Did you see the pictures and the descriptions...? No...But the CBI is going about their business...IMO the lower denoms were delivered. Do we know that for a fact? No...maybe tomorrow, or Wednesday or Thursday [Guru] Walkingstick's firm will get in touch with him...and they will tell him, 'yeah we got them' or 'no, we didn't get them.'...you're not going to see the lower denoms...1st we have to see the pictures and descriptions of these lower denoms. It's called the education and it's very essential to the lava flow...
10-15-2019 Newshound Guru Jeff ...with Kuwait when they revalued they didn't have everything 100% positioned. They were still in a little bit of disarray and upside down...Even when they did revalue, this was March 24, 1991 it was a Sunday, Kuwait didn't even have electricity 100% turned back on and they didn't even have computers ready to go at the banks. The day they did the rate change they were having to do paper transactions at the banks. So they were more disorganized back then. Let's now look at Iraq. Iraq is dotting every "I" and crossing every "T". They're making sure that everything is 100% positioned and prefect. Iraq has used this entire year to set the rate change for this...they're getting everything ready for the 2020 budget...so those are going to be the big difference between both Kuwait and Iraq...
10-15-2019 Newshound Guru Kaperoni [show me when CBI stated free float?] ...it's not that cut and dry...it's not a question of the CBI saying they're going to float or free float or anything like that...it's what countries do. If you simply look at how countries evolve you will see they don't RV. They go from a fixed exchange rate to a float that is part of the transition because it's necessary to offset that inflationary pressure that's created from the economic and financial influx of investment...Iraq though has a lot more resources than most...they still have to follow the same rules.
10-14-2019 Intel Guru MarkZ I think this was a productive weekend...and we will be seeing it soon...some movement in Zurich….they can now actually see funds in their accounts and expect full access tomorrow... My redemption folks were on call all weekend and today but were not called in... We have not seen a new rate in Iraq as of yet...but they do expect to see it in the Gazette on Wed.
10-14-2019 Newshound Guru Adam Montana So, this current news cycle we are reading and hearing about involving "the Kurds" isn't specifically about Iraqi Kurds, but the events unfolding right now are going to do one very significant thing with regards to Iraq...a message is being sent. I'm not saying I approve or disapprove of the tactics, or the decision to withdraw troops, or the decision to put them there in the first place. But what's happening right now is irrefutable evidence that the US of A has a huge influence in the Middle East, the affairs of the Middle East, and therefore... the Iraqi economy, which includes the trade value of the Dinar. What this sets up in the near future is the confidence and assurance that with the US on their side, Iraq can make changes, improvements, and progress. What happened to Turkey in the past, and may happen very soon again, can happen to Iraq. The same is true of the inverse... where we can inflict severe harm, we can also support massive gain. [post 2 of 2]
10-14-2019 Newshound Guru Adam Montana It was announced last week that we are withdrawing US troops from Syria, which led to talk of Turkey ramping up attacks on the Kurds...Trump responds by saying if Turkey steps out of line we will hit them in the wallet, and...we're all like "wait what about the Iraqi Dinar?!" Article quote: "...After World War I, Western powers promised Kurds their own homeland in the agreement known as the Treaty of Sèvres. But a later agreement instead divided them among Turkey, Iraq, Syria and Iran..." ...let's identify "the Kurds"... Quote: "Today, there are about 30 million Kurds living across the region, with about half of them in Turkey. Iraq is the only country in the region to have established an autonomous Kurdish region, known as Iraqi Kurdistan..." [post 1 of 2....stay tuned]
10-14-2019 Newshound Guru MilitiaMan Article: "The protests are back on the 25th of this month. The demonstrators identify 23 demands" So they are on notice again that the demonstrations will become very specific. They want what they deserve and I imagine, if they don't have things done ahead of the 10/25/2019 time frame, things will be a bit more aggressive.
10-14-2019 Newshound/Intel Guru RVAlready CBI has clear intention to implement the RV. Allaq has made that very plain... It is the folks profiting from the fiat currency systems of the world that have probably been the main holdup. I suspect the Chinese want the RV even more than us. They are probably not the hold up.
10-14-2019 Newshound Guru Kaperoni ...Articles and documents over the years and certainly there are documents...talk about raising the value but I don't think I've ever seen one where they said it would happen overnight...I do hope they raise the value I think that's in the best interest of Iraq but logically it's not possible to happen overnight. ...I don't know if it can go on Forex initially but interbanking is certainly the possibility, the CBI has stated that themselves that they are working towards that but we'll have to wait and see when they accept Article VIII what happens.
10-14-2019 Newshound Guru MilitiaMan Article: "Reveal the visit of a high Kurdish delegation to resolve the 2020 budget" Quote: "a high-level Kurdish delegation will arrive in the next few days to Baghdad to resolve the 2020 budget file." The theme we are seeing is noted, as in "days not weeks" ...They are clearly taking action now. The Sh#@ storm they went through this last week or so has the fire under the Camel now. Anyone seen now with out the good of the citizens, will not go over well. The trend has reforms front and center, as they know they have time lines for real issues that need(ed) to be addressed. ...Keep in mind the Citizens know that they have been told about NSCNs and Coins, Fils, etc. That would be something that would not go on deaf ears.. Everyone wants purchase power and that comes with the new small category notes, coins and fils. The descriptions of the real deal need to be shown, once they show them? imo.
10-14-2019 Newshound Guru Adam Montana So, this current news cycle we are reading and hearing about involving "the Kurds" isn't specifically about Iraqi Kurds, but the events unfolding right now are going to do one very significant thing with regards to Iraq...a message is being sent. I'm not saying I approve or disapprove of the tactics, or the decision to withdraw troops, or the decision to put them there in the first place. But what's happening right now is irrefutable evidence that the US of A has a huge influence in the Middle East, the affairs of the Middle East, and therefore... the Iraqi economy, which includes the trade value of the Dinar. What this sets up in the near future is the confidence and assurance that with the US on their side, Iraq can make changes, improvements, and progress. What happened to Turkey in the past, and may happen very soon again, can happen to Iraq. The same is true of the inverse... where we can inflict severe harm, we can also support massive gain. [post 2 of 2]
10-14-2019 Newshound Guru Adam Montana It was announced last week that we are withdrawing US troops from Syria, which led to talk of Turkey ramping up attacks on the Kurds...Trump responds by saying if Turkey steps out of line we will hit them in the wallet, and...we're all like "wait what about the Iraqi Dinar?!" Article quote: "...After World War I, Western powers promised Kurds their own homeland in the agreement known as the Treaty of Sèvres. But a later agreement instead divided them among Turkey, Iraq, Syria and Iran..." ...let's identify "the Kurds"... Quote: "Today, there are about 30 million Kurds living across the region, with about half of them in Turkey. Iraq is the only country in the region to have established an autonomous Kurdish region, known as Iraqi Kurdistan..." [post 1 of 2....stay tuned]
10-14-2019 Newshound Guru MilitiaMan Article: "The protests are back on the 25th of this month. The demonstrators identify 23 demands" So they are on notice again that the demonstrations will become very specific. They want what they deserve and I imagine, if they don't have things done ahead of the 10/25/2019 time frame, things will be a bit more aggressive.
10-14-2019 Newshound/Intel Guru RVAlready CBI has clear intention to implement the RV. Allaq has made that very plain... It is the folks profiting from the fiat currency systems of the world that have probably been the main holdup. I suspect the Chinese want the RV even more than us. They are probably not the hold up.
10-14-2019 Newshound Guru Kaperoni ...Articles and documents over the years and certainly there are documents...talk about raising the value but I don't think I've ever seen one where they said it would happen overnight...I do hope they raise the value I think that's in the best interest of Iraq but logically it's not possible to happen overnight. ...I don't know if it can go on Forex initially but interbanking is certainly the possibility, the CBI has stated that themselves that they are working towards that but we'll have to wait and see when they accept Article VIII what happens.
10-14-2019 Newshound Guru MilitiaMan Article: "Reveal the visit of a high Kurdish delegation to resolve the 2020 budget" Quote: "a high-level Kurdish delegation will arrive in the next few days to Baghdad to resolve the 2020 budget file." The theme we are seeing is noted, as in "days not weeks" ...They are clearly taking action now. The Sh#@ storm they went through this last week or so has the fire under the Camel now. Anyone seen now with out the good of the citizens, will not go over well. The trend has reforms front and center, as they know they have time lines for real issues that need(ed) to be addressed. ...Keep in mind the Citizens know that they have been told about NSCNs and Coins, Fils, etc. That would be something that would not go on deaf ears.. Everyone wants purchase power and that comes with the new small category notes, coins and fils. The descriptions of the real deal need to be shown, once they show them? imo.
10-13-2019 Newshound Guru Whitelions ...I know the biggest problem is 99% of the people that got into this did it on the word or [of?] a quick payout and here we are still here but it will happen and fairly quick now...there is no going back now too much has and is being done but again to many people have pumped this now now that it very hard for people to just watch it unfold at the pace it needs to take to get it done right.
10-13-2019 Guest Guru Francis Albert ...IMO while the Oil Credits may be, and I believe are, an important factor. If they are an illusion, then that leaves no real avenue for U.S. to profit from the war..which was the whole point. ...All banks can and do monetize debt instruments. (create the dollars), and all currencies are debt instruments. So, if the banks so desired, they can make this work for Iraq with taking up to ten years for Iraq to pony up.
10-13-2019 Newshound Guru Kaperoni I don't mind having conversations with people that want to discuss different subjects pertaining to the dinar but I wish they would do their homework first. For example one individual thinks that the IMF only can encourage the CBI but cannot control them or dictate. But more importantly back in 2015 when Iraq was in financial dire straits when oil prices we're low an agreement giving trustee to the IMF over the CBI was sign around December 2015. There's also a significant difference between the guru oil credit nonsense and the recent agreement between China and Iraq selling oil at market price in exchange for work labor to rebuild the country.
10-13-2019 Guest Guru Francis Albert All countries manipulate their currency. Value lowers when more is printed and value is raised when people have more confidence in the currency, which of course, has many factors affecting confidence. Well, if it goes on FOREX higher than the present rate, it will IMO trade up to $3.00 range fast...just not as dramatic as a classic RV. And I believe that is the scenario we'll see. Could be wrong, but don't think I am.
10-13-2019 Newshound/Intel Guru BGG Article: "Iraqis are floating on oil … and sinking into poverty, unemployment and corruption" Wow...They are saying almost exactly half of all the revenues Iraq produced between 2005-2017 were wasted due to corruption! “…350 billion through currency smuggling, auction of the Central Bank and lagging contracts and fake projects”. They also go on to talk about the oil reserves, the plan to revalue the Dinar and the current undervaluation of the Dinar; “…which remains under the logical limit of the fifth largest oil producer in the world (1200 dinars per dollar)”. Whoa… not bad. Not too bad at all... It’s no wonder the Iraqi people are rising up. They are sick of it. Good for them.
10-13-2019 Guest Guru Francis Albert ...IMO while the Oil Credits may be, and I believe are, an important factor. If they are an illusion, then that leaves no real avenue for U.S. to profit from the war..which was the whole point. ...All banks can and do monetize debt instruments. (create the dollars), and all currencies are debt instruments. So, if the banks so desired, they can make this work for Iraq with taking up to ten years for Iraq to pony up.
10-13-2019 Newshound Guru Kaperoni I don't mind having conversations with people that want to discuss different subjects pertaining to the dinar but I wish they would do their homework first. For example one individual thinks that the IMF only can encourage the CBI but cannot control them or dictate. But more importantly back in 2015 when Iraq was in financial dire straits when oil prices we're low an agreement giving trustee to the IMF over the CBI was sign around December 2015. There's also a significant difference between the guru oil credit nonsense and the recent agreement between China and Iraq selling oil at market price in exchange for work labor to rebuild the country.
10-13-2019 Guest Guru Francis Albert All countries manipulate their currency. Value lowers when more is printed and value is raised when people have more confidence in the currency, which of course, has many factors affecting confidence. Well, if it goes on FOREX higher than the present rate, it will IMO trade up to $3.00 range fast...just not as dramatic as a classic RV. And I believe that is the scenario we'll see. Could be wrong, but don't think I am.
10-13-2019 Newshound/Intel Guru BGG Article: "Iraqis are floating on oil … and sinking into poverty, unemployment and corruption" Wow...They are saying almost exactly half of all the revenues Iraq produced between 2005-2017 were wasted due to corruption! “…350 billion through currency smuggling, auction of the Central Bank and lagging contracts and fake projects”. They also go on to talk about the oil reserves, the plan to revalue the Dinar and the current undervaluation of the Dinar; “…which remains under the logical limit of the fifth largest oil producer in the world (1200 dinars per dollar)”. Whoa… not bad. Not too bad at all... It’s no wonder the Iraqi people are rising up. They are sick of it. Good for them.
10-12-2019 Guest Guru Francis Albert So, on the Dinar and outstanding Dinar IMO the big banks want Iraq to succeed because they are in there with bases, protecting their oil and they are salivating over fertile land and water in Iraq. They will do all they can to keep Iraq peaceful and yes, happy and financially successful. So, since banks just create money, money is not an issue for them. It is about control and protecting Dollar Inc. Kap may be close to the 40 Trillion outstanding, I don't know..would not be surprised if that's accurate. But, you can't look at something in a vacuum. Who owns the notes? What is their agenda? It is like looking at an organ of the body without looking at the whole person... [post 2 of 2]
10-12-2019 Guest Guru Francis Albert There are more "loose particles" that are ostensibly good arguments why Kap's [Guru Kaperoni's] opinion that 40 Trillion Dinar "out there" make it impossible for any significant up tick in IQD is not a show stopper. The main one is the argument...that oil credits, which are not just guru non sense IMO, will soak up a bunch of Dollars/Dinar. Also 3 zero notes will have a 10 year shelf life and banks can manipulate how quickly they cash in. Here's the thing. IMO Banks, all big banks that are owned by the Dollar Inc. Boys where at the top of the food chain to even do this "war" with Iraq. They drive the agenda for most things. Remember these are the very same that run the IMF, World Bank, BIS and U.N. And the people they meet and sit with are also big players in defense etc. The people who love war. [post 1 of 2....stay tuned]
10-12-2019 Intel Guru MarkZ My contacts at redemption centers are on call...they have not been called in yet. Iraq does not have a new published rate yet...they still expect it to happen by Monday...
10-12-2019 Guest Guru Sergio Even before Hussein came back into power the IQD was about 2.80 and all they had was oil...So saying they can’t just use oil to RV is not true. Point 2 the only reason the rate is what it’s at now is because the CBI took a program rate from the IMF... As for those who think the IMF is controlling the CBI they are flat out wrong. As some of those who know me on here, know I have spoken to the IMF and was told flat out that the currency rate of any country is in the hands of that counties central Bank. The IQD was never traded by Banks in its history. Things can change on a dime and as with anything could be for good or bad. I am in it to win it...As always we wait.
10-12-2019 Newshound Guru Jeff Article "Parliamentary Finance: Delegations form the region arrived in Baghdad to pressure the government to pass the 2020 budget" ...This article is very important. It's telling you that a Kurdish delegation is headed to Baghdad to recommend to them to approve and complete the 2020 budget...this is huge...this budget has everything to do with the rate change...
10-12-2019 Newshound Guru Kaperoni The guru's have been making silly statements about oil in exchange for dinar at a reduced price for years. It could never occur because Iraq is 90% dependent on oil and their annual budget is based on a oil dollar amount. Circumventing would prevent them from meeting that budget...I don't think Iraq will ever pay China in oil, I think that was only a guarantee to help facilitate the market economy. But even if they were, it is not the same as what the guru's have been talking about for years when referencing oil credits.
10-12-2019 Intel Guru Frank26 NDA's are a bunch of garbage. It's the gurus way of exaggerating what they think is valuable to give to you...and to make it look like they're special...
10-12-2019 Newshound Guru Breitling ...It [protesters] actually has an advantage for our investment. Because it's putting pressure on the Iraq government to add value. So not only are the oil prices going down, not only has the reserve been depleted, now you have people rioting because they are not being taken care of and they need to add value to their currency. So it advances our investment. It advances our speculation...
10-12-2019 Guest Guru Francis Albert There are more "loose particles" that are ostensibly good arguments why Kap's [Guru Kaperoni's] opinion that 40 Trillion Dinar "out there" make it impossible for any significant up tick in IQD is not a show stopper. The main one is the argument...that oil credits, which are not just guru non sense IMO, will soak up a bunch of Dollars/Dinar. Also 3 zero notes will have a 10 year shelf life and banks can manipulate how quickly they cash in. Here's the thing. IMO Banks, all big banks that are owned by the Dollar Inc. Boys where at the top of the food chain to even do this "war" with Iraq. They drive the agenda for most things. Remember these are the very same that run the IMF, World Bank, BIS and U.N. And the people they meet and sit with are also big players in defense etc. The people who love war. [post 1 of 2....stay tuned]
10-12-2019 Intel Guru MarkZ My contacts at redemption centers are on call...they have not been called in yet. Iraq does not have a new published rate yet...they still expect it to happen by Monday...
10-12-2019 Guest Guru Sergio Even before Hussein came back into power the IQD was about 2.80 and all they had was oil...So saying they can’t just use oil to RV is not true. Point 2 the only reason the rate is what it’s at now is because the CBI took a program rate from the IMF... As for those who think the IMF is controlling the CBI they are flat out wrong. As some of those who know me on here, know I have spoken to the IMF and was told flat out that the currency rate of any country is in the hands of that counties central Bank. The IQD was never traded by Banks in its history. Things can change on a dime and as with anything could be for good or bad. I am in it to win it...As always we wait.
10-12-2019 Newshound Guru Jeff Article "Parliamentary Finance: Delegations form the region arrived in Baghdad to pressure the government to pass the 2020 budget" ...This article is very important. It's telling you that a Kurdish delegation is headed to Baghdad to recommend to them to approve and complete the 2020 budget...this is huge...this budget has everything to do with the rate change...
10-12-2019 Newshound Guru Kaperoni The guru's have been making silly statements about oil in exchange for dinar at a reduced price for years. It could never occur because Iraq is 90% dependent on oil and their annual budget is based on a oil dollar amount. Circumventing would prevent them from meeting that budget...I don't think Iraq will ever pay China in oil, I think that was only a guarantee to help facilitate the market economy. But even if they were, it is not the same as what the guru's have been talking about for years when referencing oil credits.
10-12-2019 Intel Guru Frank26 NDA's are a bunch of garbage. It's the gurus way of exaggerating what they think is valuable to give to you...and to make it look like they're special...
10-12-2019 Newshound Guru Breitling ...It [protesters] actually has an advantage for our investment. Because it's putting pressure on the Iraq government to add value. So not only are the oil prices going down, not only has the reserve been depleted, now you have people rioting because they are not being taken care of and they need to add value to their currency. So it advances our investment. It advances our speculation...
10-11-2019 Intel Guru MarkZ [via PDK] We heard Trump signed off with the Chinese at around 12 - 12:30 est today…this came from a number of great sources. We are hearing phenomenal things out of Iraq…they believe the new rate is absolutely a “go” over the weekend or Monday - Tuesday timeframe. The people I spoke with in Europe...expects things to all break loose this weekend. At the Redemption center- my contacts were told to expect to work this weekend…they will be told between 9 - 11 tonight if they will be working for sure. It’s time to get a little excited – just stay grounded and don’t quit your day job just yet. But I think this is the real thing…I’m almost giddy tonight.
10-11-2019 Newshound Guru Jeff ...we still have 2 things remain for the rate change. They have to finish the formation of the government... positively or tentatively next Tuesday...Iraq went from telling you nothing about the formation of the government regarding the education minister, Health Minister...And they were Able to magically out of nowhere put nominees in there at the blink of an eye like it was nothing...They were intentionally delaying and timing...to have the government finished and formed around the timing of the rate change. That's why they were delaying it and dragging it...they voted them in in two seconds. They had to change what they were doing to satisfy and appease the demonstrators...they are on track to get it done...this is happening right in front of you. This isn't my opinion...we're waiting on the 2020 budget which will get done next year...
10-11-2019 Intel Guru Okie_Oil_Man I've been keeping up with the RV situation 24/7. We are certainly on the cusp... [I keep waiting for you, Okie, to say the plan has landed.] I'll be glad to say that as soon as it does. By next Tuesday it is a strong possibility if not a probability, according to what I'm being told, right or wrong. Time will tell. [Guru Okie is a long time contributor to the dinar community and is in need of prayers due to health issues. Please keep him in your thoughts and prayers.]
10-11-2019 Intel Guru RVAlready It does seem that Iraq is ready for early next week.
10-11-2019 Newshound/Intel Guru BGG [Reference Guru Kaperoni's post 10-11-19] I’m not sure this is as much a “slam dunk” translation as is laid out here. Further…How would this POSSIBLY reconcile with all their previous statements that the new and old versions would co-exist in the market place for as long as 10 years? How would this be possible? Also note the...post [Reference Guru Kaperoni's post 10-8-2019] regarding Kaperoni’s dramatic statement about oil credits being “nonsense” followed the very next day by an actual news release out of Iraq detailing just such an arrangement agreed to by both Mahdi and China. Hmmmmm…
10-11-2019 Intel Guru MarkZ We are in an incredible window of opportunity. Zurich is still waiting for dollars…They are beyond frustrated...they were told they will process over the weekend. In Iraq...hearing the 14th is still a big day for their LD’s on Monday. [Three day banking window] It sure is...big window of opportunity… Awesome window.
10-11-2019 Newshound Guru Kaperoni People can only sit for so long with empty promises to they get restless. The government needs to activate economic reforms, laws and the banking system needs to get open for investors to come in. Otherwise violence is only going to escalate.
10-11-2019 Newshound Guru Jeff ...we still have 2 things remain for the rate change. They have to finish the formation of the government... positively or tentatively next Tuesday...Iraq went from telling you nothing about the formation of the government regarding the education minister, Health Minister...And they were Able to magically out of nowhere put nominees in there at the blink of an eye like it was nothing...They were intentionally delaying and timing...to have the government finished and formed around the timing of the rate change. That's why they were delaying it and dragging it...they voted them in in two seconds. They had to change what they were doing to satisfy and appease the demonstrators...they are on track to get it done...this is happening right in front of you. This isn't my opinion...we're waiting on the 2020 budget which will get done next year...
10-11-2019 Intel Guru Okie_Oil_Man I've been keeping up with the RV situation 24/7. We are certainly on the cusp... [I keep waiting for you, Okie, to say the plan has landed.] I'll be glad to say that as soon as it does. By next Tuesday it is a strong possibility if not a probability, according to what I'm being told, right or wrong. Time will tell. [Guru Okie is a long time contributor to the dinar community and is in need of prayers due to health issues. Please keep him in your thoughts and prayers.]
10-11-2019 Intel Guru RVAlready It does seem that Iraq is ready for early next week.
10-11-2019 Newshound/Intel Guru BGG [Reference Guru Kaperoni's post 10-11-19] I’m not sure this is as much a “slam dunk” translation as is laid out here. Further…How would this POSSIBLY reconcile with all their previous statements that the new and old versions would co-exist in the market place for as long as 10 years? How would this be possible? Also note the...post [Reference Guru Kaperoni's post 10-8-2019] regarding Kaperoni’s dramatic statement about oil credits being “nonsense” followed the very next day by an actual news release out of Iraq detailing just such an arrangement agreed to by both Mahdi and China. Hmmmmm…
10-11-2019 Intel Guru MarkZ We are in an incredible window of opportunity. Zurich is still waiting for dollars…They are beyond frustrated...they were told they will process over the weekend. In Iraq...hearing the 14th is still a big day for their LD’s on Monday. [Three day banking window] It sure is...big window of opportunity… Awesome window.
10-11-2019 Newshound Guru Kaperoni People can only sit for so long with empty promises to they get restless. The government needs to activate economic reforms, laws and the banking system needs to get open for investors to come in. Otherwise violence is only going to escalate.
10-10-2019 Intel Guru MarkZ [Will banks close on Columbus day and will that effect exchanges?] I have been told many times that even if banks are closed…redemption centers can be open and doing our exchanges. Once we start…They want us to our exchanges as quickly as possible.
10-10-2019 Newshound Guru Breitling ...there's institutions out there that are already starting to fight for your currency. A lot of people are getting emails from these currency exchange dealers. They used to offer $650 for the dinar [1 million] you have. Now they're offering $850 right now I think in the emails I'm getting. So it's starting...
10-10-2019 Newshound Guru Kaperoni Article: "Finance Committee in the Iraqi Council of Representatives announced on Monday (19-August-2019) the government direction to reinstate the currency and delete zeros from paper currency in order to strengthen the national economy" You better hope that doesn't happen because they're talking about a lop it's clear as day..."I want to remove the zeros off the paper"...meaning lop them. ...my hope is the CBI is going to follow the directive of the IMF in float the currency and allow it to gradually rise based on the influx of capital as a result of significant investment to create a market economy. But as a backup it seems that Parliament wants to pass a law to Simply lop the zeros off the notes and create a one-to-one exchange rate, as well as reducing the currency from trillions to billions... We have to hope iraq succeeds in launching this market economy.
10-10-2019 Newshound Guru Whitelions ...this is an exchange only and we as privet [private ?] people have 2 years to turn in where as the banks of the world have 10 years. either Iraq can ask the banks to turn in as they need or the banks can turn in as the rate changes at a penny or 2. we will take our dinar to the banks and they will deal with the cbi from there...we do know the CBI has told us how they will handle the dinar its on their web site. [10 yrs to redeem?] ...for the banks of the world yes for us and all the people taking it to the banks 2 years... this is really close...the demonstrations have set it back a little...
10-10-2019 Intel Guru Delta ...MAHDI WILL SUBMIT NEW LIST TO REPLACE PROXY POSITIONS BEFORE 10/24...THEY HAVE NO MORE CAN TO KICK...THEY WILL BE KICKED HARD THIS TIME IF THEY DON'T DELIVER...
10-10-2019 Intel Guru MarkZ [via PDK] Still hearing positive things from Iraq that are expect the new rate by the 14th. It is a long weekend- Columbus Day Weekend…and there is a lot of expectation for this weekend... Could we be out the door earlier? Yes…wish I could give a better idea on timing but I can’t.
10-10-2019 Newshound Guru chattels Article: "Iraq, China launch 'oil for reconstruction' agreement" Quote: "When Iraqi Prime Minister Adel Abdul Mahdi led a delegation to China in September, Baghdad and Beijing activated an "oil for reconstruction" and investment program. Under the arrangement, Chinese firms work in Iraq in exchange for 100,000 barrels per day." Certainly is a different means of monetizing oil or bartering oil for desperately needed services that Iraq cannot arguably otherwise afford. The foregoing would appear to contradict the following post from Kaperoni. 10-8-2019 Newshound Guru Kaperoni Oil credits and reduced prices for oil is all... nonsense...Iraq could never sell oil in exchange at a reduced price...because the budget is 90% dependent on Iraq's oil exports.
10-10-2019 Newshound/Intel Guru David M. Witty Iraqi PM Abdel-Mahdi: tomorrow [Thursday], Parliament will vote on making ministerial changes, amending the constitution, & changing election laws. We want to make real reform.
10-10-2019 Newshound Guru Adam Montana I have a longer weekly update prepared, but until these protests calm down... the GOI has their work cut out for them. It's a shame that this is happening, because I had some information towards the end of last week that had me getting pumped up. As much as many of us don't like it... Iraq needs to wade through this mess, and get the protests calmed down a bit before they can take their next steps. Don't shoot the messenger. The good news is that we aren't experiencing permanent setbacks. This too shall pass, and when it does, the progress will resume. These types of situations are usually short lived...
10-10-2019 Intel Guru Frank26 ...I believe the phase that they are in now is to distribute these lower denoms...what do you need before or synchronized with? A rate change. The description, the pictures, must come before a rate change or simultaneously. We truly believe that the phase is to show it to them, the citizens, and while they're understanding it, ding-dong Avon calling! 'I'm here to deliver you lower dinars private banks. Are you ready to accept them? Yes. Sign here.' ...this is the last and final piece of the puzzle...
10-10-2019 Newshound Guru Breitling ...there's institutions out there that are already starting to fight for your currency. A lot of people are getting emails from these currency exchange dealers. They used to offer $650 for the dinar [1 million] you have. Now they're offering $850 right now I think in the emails I'm getting. So it's starting...
10-10-2019 Newshound Guru Kaperoni Article: "Finance Committee in the Iraqi Council of Representatives announced on Monday (19-August-2019) the government direction to reinstate the currency and delete zeros from paper currency in order to strengthen the national economy" You better hope that doesn't happen because they're talking about a lop it's clear as day..."I want to remove the zeros off the paper"...meaning lop them. ...my hope is the CBI is going to follow the directive of the IMF in float the currency and allow it to gradually rise based on the influx of capital as a result of significant investment to create a market economy. But as a backup it seems that Parliament wants to pass a law to Simply lop the zeros off the notes and create a one-to-one exchange rate, as well as reducing the currency from trillions to billions... We have to hope iraq succeeds in launching this market economy.
10-10-2019 Newshound Guru Whitelions ...this is an exchange only and we as privet [private ?] people have 2 years to turn in where as the banks of the world have 10 years. either Iraq can ask the banks to turn in as they need or the banks can turn in as the rate changes at a penny or 2. we will take our dinar to the banks and they will deal with the cbi from there...we do know the CBI has told us how they will handle the dinar its on their web site. [10 yrs to redeem?] ...for the banks of the world yes for us and all the people taking it to the banks 2 years... this is really close...the demonstrations have set it back a little...
10-10-2019 Intel Guru Delta ...MAHDI WILL SUBMIT NEW LIST TO REPLACE PROXY POSITIONS BEFORE 10/24...THEY HAVE NO MORE CAN TO KICK...THEY WILL BE KICKED HARD THIS TIME IF THEY DON'T DELIVER...
10-10-2019 Intel Guru MarkZ [via PDK] Still hearing positive things from Iraq that are expect the new rate by the 14th. It is a long weekend- Columbus Day Weekend…and there is a lot of expectation for this weekend... Could we be out the door earlier? Yes…wish I could give a better idea on timing but I can’t.
10-10-2019 Newshound Guru chattels Article: "Iraq, China launch 'oil for reconstruction' agreement" Quote: "When Iraqi Prime Minister Adel Abdul Mahdi led a delegation to China in September, Baghdad and Beijing activated an "oil for reconstruction" and investment program. Under the arrangement, Chinese firms work in Iraq in exchange for 100,000 barrels per day." Certainly is a different means of monetizing oil or bartering oil for desperately needed services that Iraq cannot arguably otherwise afford. The foregoing would appear to contradict the following post from Kaperoni. 10-8-2019 Newshound Guru Kaperoni Oil credits and reduced prices for oil is all... nonsense...Iraq could never sell oil in exchange at a reduced price...because the budget is 90% dependent on Iraq's oil exports.
10-10-2019 Newshound/Intel Guru David M. Witty Iraqi PM Abdel-Mahdi: tomorrow [Thursday], Parliament will vote on making ministerial changes, amending the constitution, & changing election laws. We want to make real reform.
10-10-2019 Newshound Guru Adam Montana I have a longer weekly update prepared, but until these protests calm down... the GOI has their work cut out for them. It's a shame that this is happening, because I had some information towards the end of last week that had me getting pumped up. As much as many of us don't like it... Iraq needs to wade through this mess, and get the protests calmed down a bit before they can take their next steps. Don't shoot the messenger. The good news is that we aren't experiencing permanent setbacks. This too shall pass, and when it does, the progress will resume. These types of situations are usually short lived...
10-10-2019 Intel Guru Frank26 ...I believe the phase that they are in now is to distribute these lower denoms...what do you need before or synchronized with? A rate change. The description, the pictures, must come before a rate change or simultaneously. We truly believe that the phase is to show it to them, the citizens, and while they're understanding it, ding-dong Avon calling! 'I'm here to deliver you lower dinars private banks. Are you ready to accept them? Yes. Sign here.' ...this is the last and final piece of the puzzle...
10-9-2019 Intel Guru MarkZ [How long will we have to exchange?] I understand we will have about 10 days to make our appointments and about 30 days to do our exchanges
10-9-2019 Intel/Newshound Gurus Frank26 & Walkingstick ...Notice there has been no effect on the Iraqi dinar exchange rate due to the protesting. Not one pip movement of the Iraqi dinar exchange rate. Because it is not unstable. It is not off track. It is a process moving forward and I'm excited about Monday [October 14th]. [Reference Guru Frank26 10-8-2019 post]
10-9-2019 Newshound Guru Jeff Remember the CBI and the GOI are completely autonomous. So whatever happens with the GOI it has nothing to to do with the CBI. The CBI controls the money. The GOI controls the government and they work with the people. The only thing the CBI is seeking from the government is stability. Before they will agree to change the rate, they want the GOI to have a formed completed government...and they also need to have an approved 2020 budget because that's where post rate change monies will come from for reconstruction, Article 140 and the HCL... [post 2 of 2]
10-9-2019 Newshound Guru Jeff ...everybody else was telling us that Mahdi would be removed and that the government would be dismantled. Why aren't you giving us any of those details? Great question. Thank you for asking. Here's why. From the beginning I have told you that the demonstrations would have no bearing on this investment. If anything the demonstrations have confirmed and proven everything that I've been telling you since the end of August...the demonstrations have had no bearing. [post 1 of 2....stay tuned]
10-9-2019 Intel Guru MarkZ [via PDK] We are at the edge of our seats close today. We are in a big window of opportunity today. A number of confirmations from Iraq they are indeed expecting the LD’s and fils on the 14th...looking like a 5 day roll out is planned. [Do we have to wait until Iraq currency goes public to get. 1-800 number?] I do not think so...over 90% of their citizens have the QE card so they will get paid that way... I don’t think we will pass mid-month in October before we see the RV...
10-9-2019 Newshound/Intel Guru Mnt Goat ...as an investor in the dinar, we are not yet seeing the currency reform demand of the protestors being met. Let’ s see what happens in Thursday’s session in parliament...
10-9-2019 Intel Guru Frank26 ...the CBI 4 days ago told [guru] walkingstick's firm that on the 14th 'the acceptance of new currency to be followed by the fils.' The "Acceptance". These aren't just ordinary words. They are up here for a reason. They're well calculated...the bank must accept the responsibility of the lower denoms. This is the highest intel of the monetary reform of the Iraqi dinar...I believe very deeply in my heart they're about to show pictures and descriptions of the lower denoms to the citizens...and one more thing they will be given, the explanation...behind why their exchange rate has changed. [Reference Guru Frank26 10-8-2019 post]
10-9-2019 Intel/Newshound Gurus Frank26 & Walkingstick ...Notice there has been no effect on the Iraqi dinar exchange rate due to the protesting. Not one pip movement of the Iraqi dinar exchange rate. Because it is not unstable. It is not off track. It is a process moving forward and I'm excited about Monday [October 14th]. [Reference Guru Frank26 10-8-2019 post]
10-9-2019 Newshound Guru Jeff Remember the CBI and the GOI are completely autonomous. So whatever happens with the GOI it has nothing to to do with the CBI. The CBI controls the money. The GOI controls the government and they work with the people. The only thing the CBI is seeking from the government is stability. Before they will agree to change the rate, they want the GOI to have a formed completed government...and they also need to have an approved 2020 budget because that's where post rate change monies will come from for reconstruction, Article 140 and the HCL... [post 2 of 2]
10-9-2019 Newshound Guru Jeff ...everybody else was telling us that Mahdi would be removed and that the government would be dismantled. Why aren't you giving us any of those details? Great question. Thank you for asking. Here's why. From the beginning I have told you that the demonstrations would have no bearing on this investment. If anything the demonstrations have confirmed and proven everything that I've been telling you since the end of August...the demonstrations have had no bearing. [post 1 of 2....stay tuned]
10-9-2019 Intel Guru MarkZ [via PDK] We are at the edge of our seats close today. We are in a big window of opportunity today. A number of confirmations from Iraq they are indeed expecting the LD’s and fils on the 14th...looking like a 5 day roll out is planned. [Do we have to wait until Iraq currency goes public to get. 1-800 number?] I do not think so...over 90% of their citizens have the QE card so they will get paid that way... I don’t think we will pass mid-month in October before we see the RV...
10-9-2019 Newshound/Intel Guru Mnt Goat ...as an investor in the dinar, we are not yet seeing the currency reform demand of the protestors being met. Let’ s see what happens in Thursday’s session in parliament...
10-9-2019 Intel Guru Frank26 ...the CBI 4 days ago told [guru] walkingstick's firm that on the 14th 'the acceptance of new currency to be followed by the fils.' The "Acceptance". These aren't just ordinary words. They are up here for a reason. They're well calculated...the bank must accept the responsibility of the lower denoms. This is the highest intel of the monetary reform of the Iraqi dinar...I believe very deeply in my heart they're about to show pictures and descriptions of the lower denoms to the citizens...and one more thing they will be given, the explanation...behind why their exchange rate has changed. [Reference Guru Frank26 10-8-2019 post]
10-8-2019 Newshound Guru Kaperoni Oil credits and reduced prices for oil is all... nonsense...Iraq could never sell oil in exchange at a reduced price...because the budget is 90% dependent on Iraq's oil exports. And over 50% of the annual budget itself is salaries. Therefore they could never sell oil for less that that amount in the budget calculation for a particular year or they couldn't meet their budget not to mention they wouldn't be able to pay their people. Maybe someday if Iraq ever had a fully functional market economy and diversified to 50% or so and the state payroll was less than it is they may be an opportunity to do something like that but that is so far in the distance...
10-8-2019 Intel Guru Frank26 ...what are we looking for? We're looking for pictures and descriptions [of lower denoms]...Saturday or Sunday it's possible we might finally be introduced to those pictures and descriptions...
10-8-2019 Intel Guru MarkZ [via PDK] I am not under an NDA…yet...Rumors that elderly in Iraq are going first... Frank [Guru Frank26] had big news yesterday from [Guru] Walkingstick who is a bank owner...LD’s and Fils expected on the 14th...Close to what I just received from a number of sources in Iraq. [Reference Guru Frank26 9-8-2019 post below]
10-8-2019 Newshound/Intel Guru Mnt Goat So, there was talk of dismissal of current prime minister Mahdi. According to the constitution this would be a no confidence vote. So what happened on this vote on Saturday? A parliamentary source said on Monday that the House of Representatives will hold its eighth session to discuss the demonstrations on Tuesday. The source said in an interview with Alsumaria News, "The House of Representatives will be held at one o'clock on Tuesday, its regular session." He added that "the session will be dedicated to discuss the demonstrations and take the necessary measures to meet the demands of the demonstrators." [post 2 of 2]
10-8-2019 Newshound/Intel Guru Mnt Goat The Iraq protestors continue until the list of demands are met. We know these demands include stopping the currency auctions. We know if they do this they will then move the dinar to trade international. We have been waiting for this for many years as investors in the currency. But the question is - will this protesting effort actually put pressure on them to do it? We know there is already a plan to roll out the smaller and the small category notes and coins by the CBI. They keep telling the people of all the corruption but it seems to make no difference. [post 1 of 2....stay tuned]
10-8-2019 Newshound Guru chattels Article: "Parliament officially votes to freeze the work of provincial councils" Quote: "...The House of Representatives officially voted to freeze the work of the provincial councils. It also voted on the recommendations of the parliamentary committee charged with considering the demands of the demonstrators" It appears that the Iraqi Parliament managed to obtain a quorum for today's business.
10-8-2019 Newshound Guru Kaperoni Any such idea to release a new currency or small denominations right now would be a disaster. Iraq is doing everything they can just to maintain stability. Criticle this month is the vote on Special Grades which includes the CBI governor (Allaq could be replaced), parliament voting on laws, and parliament getting the 2020 budget to begin review that includes a significant increase in spending for the private sector.
10-8-2019 Intel Guru MarkZ A military contact says this will be done/wrapped up between Nov. 4-15th. Everyone done, groups and exchanges completed and redemption centers closed down and everybody gone home...which means they got to start soon.
10-8-2019 Intel Guru Frank26 ...the CBI has told [guru] Walkingstick's firm 3 days ago...(they have 6 banks)...that on the 14th they are to have the acceptance of new currency...It isn't even my opinion because the CBI told my friend's firm therefore it's public knowledge. To be followed by fils...whoop there it is!...When we see the pictures of the new lower denoms we've got a good chance for this to unfold...Let's pray this protesting stops being so violent...our team members are alive and well...and pray that if it calms down the pictures of the lower denoms and the descriptions come out...
10-8-2019 Intel Guru Frank26 ...what are we looking for? We're looking for pictures and descriptions [of lower denoms]...Saturday or Sunday it's possible we might finally be introduced to those pictures and descriptions...
10-8-2019 Intel Guru MarkZ [via PDK] I am not under an NDA…yet...Rumors that elderly in Iraq are going first... Frank [Guru Frank26] had big news yesterday from [Guru] Walkingstick who is a bank owner...LD’s and Fils expected on the 14th...Close to what I just received from a number of sources in Iraq. [Reference Guru Frank26 9-8-2019 post below]
10-8-2019 Newshound/Intel Guru Mnt Goat So, there was talk of dismissal of current prime minister Mahdi. According to the constitution this would be a no confidence vote. So what happened on this vote on Saturday? A parliamentary source said on Monday that the House of Representatives will hold its eighth session to discuss the demonstrations on Tuesday. The source said in an interview with Alsumaria News, "The House of Representatives will be held at one o'clock on Tuesday, its regular session." He added that "the session will be dedicated to discuss the demonstrations and take the necessary measures to meet the demands of the demonstrators." [post 2 of 2]
10-8-2019 Newshound/Intel Guru Mnt Goat The Iraq protestors continue until the list of demands are met. We know these demands include stopping the currency auctions. We know if they do this they will then move the dinar to trade international. We have been waiting for this for many years as investors in the currency. But the question is - will this protesting effort actually put pressure on them to do it? We know there is already a plan to roll out the smaller and the small category notes and coins by the CBI. They keep telling the people of all the corruption but it seems to make no difference. [post 1 of 2....stay tuned]
10-8-2019 Newshound Guru chattels Article: "Parliament officially votes to freeze the work of provincial councils" Quote: "...The House of Representatives officially voted to freeze the work of the provincial councils. It also voted on the recommendations of the parliamentary committee charged with considering the demands of the demonstrators" It appears that the Iraqi Parliament managed to obtain a quorum for today's business.
10-8-2019 Newshound Guru Kaperoni Any such idea to release a new currency or small denominations right now would be a disaster. Iraq is doing everything they can just to maintain stability. Criticle this month is the vote on Special Grades which includes the CBI governor (Allaq could be replaced), parliament voting on laws, and parliament getting the 2020 budget to begin review that includes a significant increase in spending for the private sector.
10-8-2019 Intel Guru MarkZ A military contact says this will be done/wrapped up between Nov. 4-15th. Everyone done, groups and exchanges completed and redemption centers closed down and everybody gone home...which means they got to start soon.
10-8-2019 Intel Guru Frank26 ...the CBI has told [guru] Walkingstick's firm 3 days ago...(they have 6 banks)...that on the 14th they are to have the acceptance of new currency...It isn't even my opinion because the CBI told my friend's firm therefore it's public knowledge. To be followed by fils...whoop there it is!...When we see the pictures of the new lower denoms we've got a good chance for this to unfold...Let's pray this protesting stops being so violent...our team members are alive and well...and pray that if it calms down the pictures of the lower denoms and the descriptions come out...
10-7-2019 Newshound Guru Kaperoni ...To much to do to build a market economy such as laws, getting investors, and stabilizing the country after these recent protests before we can see the dinar appreciate in value. Personally I have my doubts that the government of Iraq can accomplish these tasks before the end of the year. These events may delay progress 6 months.
10-7-2019 Intel Guru MarkZ The 7th of Oct...We should have been long done with this thing by now! Unrest in Iraq...it will stay this way until they get what they were promised over and over again…they are tired of waiting for the new rate... They are pushing us toward the RV not away from it... Lots of rumors that it is underway. [What is the street rate for IQD?] I’ve been told we can expect $3.91-$3.98 when the rate changes. ...There is an excellent chance I could be under an NDA today still. We are that close. I really do believe its “any day”. We just have to live through these “final moments” of this very long journey.
10-7-2019 Newshound Guru chattels Article quote: "On Monday, Abdul-Mahdi said he discussed the recent events and reform plans in a phone call with US Secretary of State Mike Pompeo, without providing further details. And Russian Foreign Minister Sergei Lavrov landed in Baghdad to meet top officials." Plans to reform and committees to study and prepare may not be enough this time. People need relief and that requires action. ...There are matters in Iraq unfolding before our very eyes, as the Gurus say, but it does not appear to be a substantial increase in the value of the dinar.
10-7-2019 Newshound/Intel Guru Jeff ...is the dinar still a good investment to be invested in with everything happening? The answer IMO...is yes. Here's why. What I've been trying to strongly show you is that since roughly August, if Iraq didn't start getting thing done they would be very limited and restricted on what they were actually able to do going forward without a rate change. They're strongly showing that proof to you based on their actions and what they were actually able to do for the citizens...they were very limited on what they could do...the rate change is now waiting on the 2020 budget because that's where all the money's gonna be allocated from...everything's coming together...the dinar in my opinion is still a very good investment...we are still in a very good position...this whole investment is a process...
10-7-2019 Intel Guru MarkZ The 7th of Oct...We should have been long done with this thing by now! Unrest in Iraq...it will stay this way until they get what they were promised over and over again…they are tired of waiting for the new rate... They are pushing us toward the RV not away from it... Lots of rumors that it is underway. [What is the street rate for IQD?] I’ve been told we can expect $3.91-$3.98 when the rate changes. ...There is an excellent chance I could be under an NDA today still. We are that close. I really do believe its “any day”. We just have to live through these “final moments” of this very long journey.
10-7-2019 Newshound Guru chattels Article quote: "On Monday, Abdul-Mahdi said he discussed the recent events and reform plans in a phone call with US Secretary of State Mike Pompeo, without providing further details. And Russian Foreign Minister Sergei Lavrov landed in Baghdad to meet top officials." Plans to reform and committees to study and prepare may not be enough this time. People need relief and that requires action. ...There are matters in Iraq unfolding before our very eyes, as the Gurus say, but it does not appear to be a substantial increase in the value of the dinar.
10-7-2019 Newshound/Intel Guru Jeff ...is the dinar still a good investment to be invested in with everything happening? The answer IMO...is yes. Here's why. What I've been trying to strongly show you is that since roughly August, if Iraq didn't start getting thing done they would be very limited and restricted on what they were actually able to do going forward without a rate change. They're strongly showing that proof to you based on their actions and what they were actually able to do for the citizens...they were very limited on what they could do...the rate change is now waiting on the 2020 budget because that's where all the money's gonna be allocated from...everything's coming together...the dinar in my opinion is still a very good investment...we are still in a very good position...this whole investment is a process...
10-6-2019 Newshound Guru MilitiaMan ...The so called brotherly neighbor has tentacles deep inside helping them selves to the cash cow called Currency Auctions. I don't disagree, there are things in the country that are and will be far from over. However, one hell of a good way to solve that is to stop the auctions, raise the value, which will provide jobs that will come from going international with a new internationally excepted currency. That will be the facilitator for global trade for the world which will in turn beget purchase power for the citizens, while they grow economically with the new jobs created from the positive effects of raising the value. imo.
10-6-2019 Newshound Guru Bloodloch There are somewhere between six and a dozen or more different factors that may influence exchange rates, depending upon who you are talking to. The money supply or currency issued is just one of them. Investor speculation, interest rate differentials, inflation rate differentials, gross domestic product, international investments, trade deals, and other factors all may come into play. At times it may seem like such determinations are more art than raw number-crunching science, or perhaps it's just whatever the central banks want it to be in order to achieve some global political agenda. Investopedia says, "... exchange rates are determined by numerous complex factors that often leave even the most experienced economists flummoxed... " I couldn't agree with them more.
10-6-2019 Newshound/Intel Guru David M. Witty In ministerial cabinet meeting, Iraqi PM Abdel-Mahdi makes promises to meet demands of protesters: corrupt officials to be held accountable, land & housing for those with low income, interest free loans, opening Army to volunteers.
10-6-2019 Newshound Guru Jeff They still have two major things to do before the rate can change. This is based on current facts. What I'm telling you can change through time but as where we're at right now with current facts - the two things remaining are they have to finish the formation of the government and approve the budget...then they can change the rate. That's exactly where we're at. The facts are unfolding right before your eyes...
10-6-2019 Newshound Guru Kaperoni They've been using wheelbarrows for years what's the difference if they have to use them a few more? They're either going to do one of two things they're either going to Lop first to get to 1 to $1 exchange rate reducing the money supply from trillions to billions. And then float the currency allowing it to rise. Or they're going to just float it from the beginning and allowed to gradually increase over time allowing them to reduce the money supply we don't know that answer yet but it's not going to RV
10-6-2019 Newshound Guru MilitiaMan Lets hope the fire the citizens brought out over the past 5 days has the affect we await and they need! I have a feeling that the support they are getting from around the world, is squarely on the politicians backs now. They've been AWOKE imo... timing now is crucial for them to complete the reforms and get the market economy underway and international, ASAP. As that will usher in the employment and put purchase power in their hands. ...lifting the value of the Sovereign Currency will actually fix things! imo...
10-6-2019 Newshound Guru Bloodloch There are somewhere between six and a dozen or more different factors that may influence exchange rates, depending upon who you are talking to. The money supply or currency issued is just one of them. Investor speculation, interest rate differentials, inflation rate differentials, gross domestic product, international investments, trade deals, and other factors all may come into play. At times it may seem like such determinations are more art than raw number-crunching science, or perhaps it's just whatever the central banks want it to be in order to achieve some global political agenda. Investopedia says, "... exchange rates are determined by numerous complex factors that often leave even the most experienced economists flummoxed... " I couldn't agree with them more.
10-6-2019 Newshound/Intel Guru David M. Witty In ministerial cabinet meeting, Iraqi PM Abdel-Mahdi makes promises to meet demands of protesters: corrupt officials to be held accountable, land & housing for those with low income, interest free loans, opening Army to volunteers.
10-6-2019 Newshound Guru Jeff They still have two major things to do before the rate can change. This is based on current facts. What I'm telling you can change through time but as where we're at right now with current facts - the two things remaining are they have to finish the formation of the government and approve the budget...then they can change the rate. That's exactly where we're at. The facts are unfolding right before your eyes...
10-6-2019 Newshound Guru Kaperoni They've been using wheelbarrows for years what's the difference if they have to use them a few more? They're either going to do one of two things they're either going to Lop first to get to 1 to $1 exchange rate reducing the money supply from trillions to billions. And then float the currency allowing it to rise. Or they're going to just float it from the beginning and allowed to gradually increase over time allowing them to reduce the money supply we don't know that answer yet but it's not going to RV
10-6-2019 Newshound Guru MilitiaMan Lets hope the fire the citizens brought out over the past 5 days has the affect we await and they need! I have a feeling that the support they are getting from around the world, is squarely on the politicians backs now. They've been AWOKE imo... timing now is crucial for them to complete the reforms and get the market economy underway and international, ASAP. As that will usher in the employment and put purchase power in their hands. ...lifting the value of the Sovereign Currency will actually fix things! imo...
10-5-2019 Intel/Newshound Guru Frank26 ...we're thinking the CBI is going to bring out the pictures of the lower denoms/smaller notes. What do you think will happen if they all of a sudden they saw this tomorrow or Monday or Tuesday? It would quell the anger. I would stop the protesting. It would stop the killing...why? Because the citizens would have their minds on something that belongs to them. Finally!
10-5-2019 Newshound Guru Jeff Sader is now backing down from removing the government. Because their hands are tied and boxed in a corner (waiting for the RI). They could only offer 3 items to the citizens: 1. Jobs. 2. Cheap Housing. 3. Money.
10-5-2019 Newshound Guru larrykn Articles: "Saleh, al-Halbousi call for maintaining community security of protestors"; "Arab League voices concern over unrest in Iraq"; "Baghdad`s protests death toll rises to 100 and injuries to 4000" I hope they can settle the people down soon , this can be either good or bad for the country, they will either get off the pot or stall. we shall see
10-5-2019 Newshound Guru Jeff ...they said on this Saturday the 5th they were going to vote on the Education Minister now they're not showing any intentions of doing that...ONE article says that tomorrow, Saturday, most of the political blocks will vote to dismiss the government. So be cautious with that. It may not happen. We'll have to wait and see...
10-5-2019 Newshound Guru Kaperoni These Iraqi protests have gone on now for several days. This is not what we as investors want to see happen. Delays in reform and investment will be the result. Not good...They need to get investment and companies to come in and put people to work, that is what will raise the value of the currency.
10-5-2019 Newshound Guru Jeff Sader is now backing down from removing the government. Because their hands are tied and boxed in a corner (waiting for the RI). They could only offer 3 items to the citizens: 1. Jobs. 2. Cheap Housing. 3. Money.
10-5-2019 Newshound Guru larrykn Articles: "Saleh, al-Halbousi call for maintaining community security of protestors"; "Arab League voices concern over unrest in Iraq"; "Baghdad`s protests death toll rises to 100 and injuries to 4000" I hope they can settle the people down soon , this can be either good or bad for the country, they will either get off the pot or stall. we shall see
10-5-2019 Newshound Guru Jeff ...they said on this Saturday the 5th they were going to vote on the Education Minister now they're not showing any intentions of doing that...ONE article says that tomorrow, Saturday, most of the political blocks will vote to dismiss the government. So be cautious with that. It may not happen. We'll have to wait and see...
10-5-2019 Newshound Guru Kaperoni These Iraqi protests have gone on now for several days. This is not what we as investors want to see happen. Delays in reform and investment will be the result. Not good...They need to get investment and companies to come in and put people to work, that is what will raise the value of the currency.
10-4-2019 Intel Guru MilitiaMan ...The CBI on the 10/01/2019 has since been in extensive research, preparation and coordination to go live globally! They have the ability of global distribution now from the looks of it...All is good for us and those looking for a bright future in Iraq...So let's see if the saturation and distribution gets out to the citizens this weekend or there real close. The 15th is not far off. Lots of things line up on that date.. As in the 2020 Budget, citizens demands, China Taxes and Tariffs with the USA, etc. ~ imo ~ MM
10-4-2019 Newshound/Intel Guru Mnt Goat [Guru] Frank26 says 12 large armored trucks traveling to banks seen...I want everyone to know these trucks are NOT filled with the smaller of the smaller category notes. They are the promised 250, 500 and 1000 dinar notes...the CBI needed to replace these notes. These are now the replacement notes. So this has NOTHING to do with the RV... [Reference Frank26 10-3-2019]
10-4-2019 Newshound Guru Bloodloch [reference sandyf post 10-3-2019] "The CBI has an IQD denominated liability in respect of the currency that has been issued. This liability is underpinned by assets but the bulk of the assets are foreign currency denominated. If the IQD were to rise in value the liability would increase but the asset value would remain the same. There is only about 8% equity in the CBI accounts so it would not take much of a rise in the value of the IQD for the CBI to be bankrupt." Companies, institutions, central banks, and everyone else on planet Earth use a single valuation unit to record and report their assets, liabilities, and equities, said unit usually being their respective national currency. In the case of the CBI financials, it is all valued in Iraqi Dinars, period. All the assets. All the liabilities. All the equities. All IQD.
10-4-2019 Newshound/Intel Guru Mnt Goat Article: "SAUDI ARABIA ALLOWS AND ENCOURAGES INVESTMENTS IN THE IRAQI STOCK EXCHANGE" ...we already heard that October was the timeframe to begin the Nasdaq indexes also. Now we are seeing the Saudis also coming online. This is all fantastic news. How can they go much longer without having a rate to trade on FOREX?...
10-4-2019 Newshound Guru Adam Montana Every ounce of effort put into this venture will one day (soon) return many times over.
10-4-2019 Intel Guru MarkZ [via PDK] We were hoping we wouldn’t see you today...and you were in NDA land. I am not under an NDA yet…Noone really knows what the rate is going to be...just plan for higher and lower rates... If anything big happens I will be sure to update you this weekend…
10-4-2019 Newshound Guru Jeff ...What is the rate change waiting on? What steps does the rate change need for the rate change to occur? ...(Things shared with you are not set in stone)...they still have to get the money ready to go and the money has to be allocated and be ready to be dispersed. Those steps have to come from a budget...the 2020 budget is linked to the rate change big time. It's got a lot of financial allocations and monies...items that pertain strongly to the rate change. So they have to complete the budget before the rate can change. It's that simple...that's the reason I've been telling you that the rate cannot change this year. It's because they have to finish and approve and complete the 2020 budget which will roll into next year.
10-4-2019 Newshound/Intel Guru Mnt Goat "IRAQ: DEMONSTRATIONS OVER UNEMPLOYMENT, CORRUPTION AND POOR PUBLIC SERVICES." ...they were demanding currency reform. ...The protestors actually do have this on their list of demands. This is all VERY good for us and our investment. A government like the GOI can’t keep making these promises to the people and then do nothing. Eventually the people will rise up and do something to get what was promised...is the GOI going to meet the demands? We know one of them is the currency reform. The demonstrators gave them 15 days to meet the demands.
10-4-2019 Newshound/Intel Guru Mnt Goat [Guru] Frank26 says 12 large armored trucks traveling to banks seen...I want everyone to know these trucks are NOT filled with the smaller of the smaller category notes. They are the promised 250, 500 and 1000 dinar notes...the CBI needed to replace these notes. These are now the replacement notes. So this has NOTHING to do with the RV... [Reference Frank26 10-3-2019]
10-4-2019 Newshound Guru Bloodloch [reference sandyf post 10-3-2019] "The CBI has an IQD denominated liability in respect of the currency that has been issued. This liability is underpinned by assets but the bulk of the assets are foreign currency denominated. If the IQD were to rise in value the liability would increase but the asset value would remain the same. There is only about 8% equity in the CBI accounts so it would not take much of a rise in the value of the IQD for the CBI to be bankrupt." Companies, institutions, central banks, and everyone else on planet Earth use a single valuation unit to record and report their assets, liabilities, and equities, said unit usually being their respective national currency. In the case of the CBI financials, it is all valued in Iraqi Dinars, period. All the assets. All the liabilities. All the equities. All IQD.
10-4-2019 Newshound/Intel Guru Mnt Goat Article: "SAUDI ARABIA ALLOWS AND ENCOURAGES INVESTMENTS IN THE IRAQI STOCK EXCHANGE" ...we already heard that October was the timeframe to begin the Nasdaq indexes also. Now we are seeing the Saudis also coming online. This is all fantastic news. How can they go much longer without having a rate to trade on FOREX?...
10-4-2019 Newshound Guru Adam Montana Every ounce of effort put into this venture will one day (soon) return many times over.
10-4-2019 Intel Guru MarkZ [via PDK] We were hoping we wouldn’t see you today...and you were in NDA land. I am not under an NDA yet…Noone really knows what the rate is going to be...just plan for higher and lower rates... If anything big happens I will be sure to update you this weekend…
10-4-2019 Newshound Guru Jeff ...What is the rate change waiting on? What steps does the rate change need for the rate change to occur? ...(Things shared with you are not set in stone)...they still have to get the money ready to go and the money has to be allocated and be ready to be dispersed. Those steps have to come from a budget...the 2020 budget is linked to the rate change big time. It's got a lot of financial allocations and monies...items that pertain strongly to the rate change. So they have to complete the budget before the rate can change. It's that simple...that's the reason I've been telling you that the rate cannot change this year. It's because they have to finish and approve and complete the 2020 budget which will roll into next year.
10-4-2019 Newshound/Intel Guru Mnt Goat "IRAQ: DEMONSTRATIONS OVER UNEMPLOYMENT, CORRUPTION AND POOR PUBLIC SERVICES." ...they were demanding currency reform. ...The protestors actually do have this on their list of demands. This is all VERY good for us and our investment. A government like the GOI can’t keep making these promises to the people and then do nothing. Eventually the people will rise up and do something to get what was promised...is the GOI going to meet the demands? We know one of them is the currency reform. The demonstrators gave them 15 days to meet the demands.
10-3-2019 Newshound Guru Kaperoni I am very confident with all of the economic activities going on in Iraq that they certainly will launch a market economy and receive private investment to rebuild the infrastructure next year. They must open the banking system for that to succeed and float the currency.
10-3-2019 Intel/Newshound Guru sandyf ...The CBI has an IQD denominated liability in respect of the currency that has been issued. This liability is underpinned by assets but the bulk of the assets are foreign currency denominated. If the IQD were to rise in value the liability would increase but the asset value would remain the same. There is only about 8% equity in the CBI accounts so it would not take much of a rise in the value of the IQD for the CBI to be bankrupt.
10-3-2019 Intel Guru Frank26 I think Alaq is going to say a lot tomorrow...They moved 12 trucks, gigantic armored trucks out of the green zone. They were escorted by Blackwater and whoever else...they escorted these 12 armored trucks and Alaq went on television and he told the citizens, 'we are moving these 12 armored vehicles to undisclosed destination.' He told the people the trucks were loaded with funds. There's no doubt these are the lower denoms because the day before he told them, 'I'm going to give you the lower denoms.' And now he's telling them, 'look I'm moving them.' But he's not telling them what funds they are...it's possible they are either going to show them tomorrow the pictures of the lower denoms or Saturday...I really think this week they are going to show it to them...
10-3-2019 Newshound/Intel Guru Mnt Goat Article: "THE NEW SESSION OF THE BAGHDAD INTERNATIONAL FAIR WILL WITNESS A MAJOR BREAKTHROUGH FOR THE CONTRIBUTION OF THE PRIVATE SECTOR" ...the more the private sector is engaged in Iraq the more likelihood they will have to change over from the currency auctions and go to a free market economy, thus get the currency on FOREX.
10-3-2019 Intel Guru FRANK26 IF YOU THINK THINGS ARE NOT LOOKING GOOD DUE TO THE DEMONSTRATIONS, DON'T... I AM VERY EXCITED BECAUSE OF WHAT TEAMS ARE TELLING ME!!!
10-3-2019 Newshound Guru larrykn Articles: "Iraqi protests turn deadly as security forces open fire on demonstrators"; "UN expresses concern over violence in Iraq protests" this should get the attention on the government. they better get going or the whole government will collapse. This might be the turning point for Iraq.
10-3-2019 Intel Guru MarkZ [via PDK] Still hearing the possibility of my being under an NDA today...If I am under an NDA that means I have received some funds...More people that I know have signed NDA's... This means money must be moving somewhere...just cannot find out where. I am upbeat...I think its because I know who is now under NDAs...and that is exciting even though I cannot share that. i understand that I still will be able to release 800 numbers if I receive them. No word from my Iraqi contact since Saturday…I have been trying to reach them constantly. I feel this is the quiet before the storm...it’s so close we can taste it.
10-3-2019 Newshound Guru Jeff ...Historically they [Iraq] had a 3+ value...notice how they keep telling you they're trying to come out with lower denoms and then back in August and September they put out all those articles telling you coins...so yes they will be coming out with coins and lower denoms at an increased rate...clear back into the early 1970's they had a 3+ value...the article from yesterday said $3.37 as of 1973. That's before I was even born. I was born in '75. That tells me Iraq is the wealthiest country in the world. So when you come out and tell me, 'Oh yeah we think the rates gonna go to 1+', I laugh in your face because Iraq is the wealthiest country in the world and back in '73 they were holding a rate of $3.37. That's huge...
10-3-2019 Intel Guru Frank26 I owe you an apology...there was a misunderstanding between me and bluestar...he must have told me 'Frank you need to verify this'...I missed it. My rush and excitement to share with you what I thought was proper was not..."the dinar was live on Nasdaq." That was a mistake. That is now null and void...my humblest apologies...to say the dinar was trading live insinuates a lot of other things that were not true. I'm really really sorry.
10-3-2019 Intel/Newshound Guru sandyf ...The CBI has an IQD denominated liability in respect of the currency that has been issued. This liability is underpinned by assets but the bulk of the assets are foreign currency denominated. If the IQD were to rise in value the liability would increase but the asset value would remain the same. There is only about 8% equity in the CBI accounts so it would not take much of a rise in the value of the IQD for the CBI to be bankrupt.
10-3-2019 Intel Guru Frank26 I think Alaq is going to say a lot tomorrow...They moved 12 trucks, gigantic armored trucks out of the green zone. They were escorted by Blackwater and whoever else...they escorted these 12 armored trucks and Alaq went on television and he told the citizens, 'we are moving these 12 armored vehicles to undisclosed destination.' He told the people the trucks were loaded with funds. There's no doubt these are the lower denoms because the day before he told them, 'I'm going to give you the lower denoms.' And now he's telling them, 'look I'm moving them.' But he's not telling them what funds they are...it's possible they are either going to show them tomorrow the pictures of the lower denoms or Saturday...I really think this week they are going to show it to them...
10-3-2019 Newshound/Intel Guru Mnt Goat Article: "THE NEW SESSION OF THE BAGHDAD INTERNATIONAL FAIR WILL WITNESS A MAJOR BREAKTHROUGH FOR THE CONTRIBUTION OF THE PRIVATE SECTOR" ...the more the private sector is engaged in Iraq the more likelihood they will have to change over from the currency auctions and go to a free market economy, thus get the currency on FOREX.
10-3-2019 Intel Guru FRANK26 IF YOU THINK THINGS ARE NOT LOOKING GOOD DUE TO THE DEMONSTRATIONS, DON'T... I AM VERY EXCITED BECAUSE OF WHAT TEAMS ARE TELLING ME!!!
10-3-2019 Newshound Guru larrykn Articles: "Iraqi protests turn deadly as security forces open fire on demonstrators"; "UN expresses concern over violence in Iraq protests" this should get the attention on the government. they better get going or the whole government will collapse. This might be the turning point for Iraq.
10-3-2019 Intel Guru MarkZ [via PDK] Still hearing the possibility of my being under an NDA today...If I am under an NDA that means I have received some funds...More people that I know have signed NDA's... This means money must be moving somewhere...just cannot find out where. I am upbeat...I think its because I know who is now under NDAs...and that is exciting even though I cannot share that. i understand that I still will be able to release 800 numbers if I receive them. No word from my Iraqi contact since Saturday…I have been trying to reach them constantly. I feel this is the quiet before the storm...it’s so close we can taste it.
10-3-2019 Newshound Guru Jeff ...Historically they [Iraq] had a 3+ value...notice how they keep telling you they're trying to come out with lower denoms and then back in August and September they put out all those articles telling you coins...so yes they will be coming out with coins and lower denoms at an increased rate...clear back into the early 1970's they had a 3+ value...the article from yesterday said $3.37 as of 1973. That's before I was even born. I was born in '75. That tells me Iraq is the wealthiest country in the world. So when you come out and tell me, 'Oh yeah we think the rates gonna go to 1+', I laugh in your face because Iraq is the wealthiest country in the world and back in '73 they were holding a rate of $3.37. That's huge...
10-3-2019 Intel Guru Frank26 I owe you an apology...there was a misunderstanding between me and bluestar...he must have told me 'Frank you need to verify this'...I missed it. My rush and excitement to share with you what I thought was proper was not..."the dinar was live on Nasdaq." That was a mistake. That is now null and void...my humblest apologies...to say the dinar was trading live insinuates a lot of other things that were not true. I'm really really sorry.
10-2-2019 Newshound Guru Adam Montana Whether they barter directly for oil or not is kind of irrelevant. China probably doesn't give a hoot either way, because they know exactly what we know - Iraq is rich with oil, Iraq will not be an impoverished land with no way to pay their debts, and Iraq has every ability to pay their debts... because of oil. I wish I had a date to put out here, but you all know by now I won't do that. It sure does look promising, though! Iraq has an RV button to push... [post 2 of 2]
10-2-2019 Newshound Guru Adam Montana ...OIL - currently WTI at $52. Stable enough, no worries there. Iraq and China was a big story last week, and it still is...There was some discussion on the topic of how Iraq will pay China. Some of the articles suggest Iraq will pay with oil, while others state it will be financed by oil...the exact method doesn't matter. What is important to understand is that Iraq has oil. That's it. [post 1 of 2....stay tuned]
10-2-2019 Intel Guru Frank26 ...It's either this week or next week where they are actually going to come out with [Lower Denom] pictures IMO...It will be Alaq...to come out and say we're ready to distribute the lower denoms...But before that, pictures and explanation of these lower denoms...
10-2-2019 Intel Guru MarkZ I feel we are so close and the waiting in these last days is very hard. We are told I may be under a NDA by midday tomorrow. I was told the NDA for people who are in the public like myself, Frank ect…may be stronger than the normal people’s NDA. So If I have to shut up...that is why. They may force me to be 100% quiet. I was told I probably will be able to post that Screen with the nest and the cash and golden egg in it with the 800 numbers...but won’t know for sure until I read the NDA...we hear anytime from now until Thursday for 800 numbers...but manage your expectations…
10-2-2019 Newshound/Intel Guru Mnt Goat Right now the rate is still being suppressed at the program rate. The program rate was supposed to be a temporary de-facto peg to the US dollar to help they through a time of high inflation and prevent hyper-inflation. The CBI has told us there is a process to getting the dinar “reinstated” and in use as an international currency once again. It is not as simple as just pulling a trigger and wamoo, the new rate appears on FOREX. [post 2 of 2]
10-2-2019 Newshound/Intel Guru Mnt Goat Just remember the banks do not make the decision for anything. They simple want the new rate to show up on FOREX and when it does they can use it “legally” to exchange customers who to come in with their currency. ...When the IQD does come back on FOREX and the other global currency exchanges it is called a “reinstatement”. The rate given hopefully will reflect the true and accurate value of the dinar. [post 1 of 2....stay tuned]
10-2-2019 Intel Guru Frank26 ...they've come to the realization that a dinar is a dinar in the country no matter what. 1 to 1 to the American Dollar. They're not going to go any higher than that...once they lift the value they will bring in the three zeros with no problem...it will take years to bring in the 3 zero notes.
10-2-2019 Newshound Guru Kaperoni Iraq's Parliament announced today the 2020 budget will be submitted around middle of October for review/voting. So we'll get a good indication what they finally concluded the deficit will be. Expectations are as high as $70 billion as they attempt to launch a private sector.
10-2-2019 Newshound Guru Adam Montana ...OIL - currently WTI at $52. Stable enough, no worries there. Iraq and China was a big story last week, and it still is...There was some discussion on the topic of how Iraq will pay China. Some of the articles suggest Iraq will pay with oil, while others state it will be financed by oil...the exact method doesn't matter. What is important to understand is that Iraq has oil. That's it. [post 1 of 2....stay tuned]
10-2-2019 Intel Guru Frank26 ...It's either this week or next week where they are actually going to come out with [Lower Denom] pictures IMO...It will be Alaq...to come out and say we're ready to distribute the lower denoms...But before that, pictures and explanation of these lower denoms...
10-2-2019 Intel Guru MarkZ I feel we are so close and the waiting in these last days is very hard. We are told I may be under a NDA by midday tomorrow. I was told the NDA for people who are in the public like myself, Frank ect…may be stronger than the normal people’s NDA. So If I have to shut up...that is why. They may force me to be 100% quiet. I was told I probably will be able to post that Screen with the nest and the cash and golden egg in it with the 800 numbers...but won’t know for sure until I read the NDA...we hear anytime from now until Thursday for 800 numbers...but manage your expectations…
10-2-2019 Newshound/Intel Guru Mnt Goat Right now the rate is still being suppressed at the program rate. The program rate was supposed to be a temporary de-facto peg to the US dollar to help they through a time of high inflation and prevent hyper-inflation. The CBI has told us there is a process to getting the dinar “reinstated” and in use as an international currency once again. It is not as simple as just pulling a trigger and wamoo, the new rate appears on FOREX. [post 2 of 2]
10-2-2019 Newshound/Intel Guru Mnt Goat Just remember the banks do not make the decision for anything. They simple want the new rate to show up on FOREX and when it does they can use it “legally” to exchange customers who to come in with their currency. ...When the IQD does come back on FOREX and the other global currency exchanges it is called a “reinstatement”. The rate given hopefully will reflect the true and accurate value of the dinar. [post 1 of 2....stay tuned]
10-2-2019 Intel Guru Frank26 ...they've come to the realization that a dinar is a dinar in the country no matter what. 1 to 1 to the American Dollar. They're not going to go any higher than that...once they lift the value they will bring in the three zeros with no problem...it will take years to bring in the 3 zero notes.
10-2-2019 Newshound Guru Kaperoni Iraq's Parliament announced today the 2020 budget will be submitted around middle of October for review/voting. So we'll get a good indication what they finally concluded the deficit will be. Expectations are as high as $70 billion as they attempt to launch a private sector.
10-1-2019 Intel Guru Frank26 ...the Iraqi dinar is live on NASDAQ and Forex and a lot of currency counters...If it's on NASDAQ does it have a different rate to it? No. I told you yesterday they can come to NASDAQ with a program rate...it is now going to be on the international boards trading...the dinar is now playing with the big boys and big boys don't play with program rates...
10-1-2019 Intel/Newshound Guru sandyf It is totally irrelevant how much currency is held where, the only significant figure is the liability on the CBI that appears in their accounts. At the end of August that figure stood at over 48 trillion dinar and the IMF projection takes that figure to nearly 60 trillion over the next 5 years...
10-1-2019 Newshound Guru Kaperoni I want to point out to critical events between now and the end of the year. One is the vote through Parliament on Special Grades, the other being the 2020 budget which the supposed to include the launching of the market economy. Iraq is at a critical stage right now not only with an abundance of laws that still need to be passed, but they are in dire need to lure private investors in to rebuild. [post 2 of 2]
10-1-2019 Newshound Guru Kaperoni The Iraq government is striving to create a market economy with private investment. Doing so would bring substantial money into the country. This would create inflationary pressure on the financial system, the solution is to float the currency to relieve that pressure. It also would allow the CBI to profit by controlling the currency, buying and selling making commissions. Any kind of RV would circumvent those tools. [post 1 of 2....stay tuned]
10-1-2019 Newshound Guru Jeff [Article: A surprising new forecast for the 2020 budget deficit] ...goes into detail about the 2020 budget...I'm done looking at the year of 19 and I've already advanced into the year of 2020...they're telling you that the 2020 budget should create the conditions to support economic reform, reconstruction activities focused on immediate reforms and implementation of the government program...the government program is...all the government services after the rate change that are gonna be offered to the citizens post rate change to give them a better life...look at what they've linked to the 2020 budget...
10-1-2019 Intel Guru Frank26 ...the 3rd phase has ended pretty much as of today. These are steps that have to be done. I call them phases but the CBI is calling them blocks...I told you there were four phases. I believe we are about to start the 4th phase...the momentum of the monetary reform, it is picking up...IMO these samples/specimens that were given to the bank by the CBI...or lower denoms these are next to be seen by the citizens as part of their education. Then the real small category notes/lower denoms will be put in their hands with a change in the rate...the only step important now is for the citizens...
10-1-2019 Intel Guru MarkZ I am looking for a fantastic day…If news is as good as I expect…..you will be hearing from me again today...Today is the first…..we are waiting to find out exactly what they did get done...lots of encouraging news from Zurich…they are still expecting liquidity today...Lots of chatter that Reno was going to go... [Is this ever going to happen?] It’s always been a when…not an if...the when is really hard to wait for though... I think this is a very hopeful week for us as everything plays out.
10-1-2019 Newshound/Intel Guru Mnt Goat ...I have stated in the past that maybe in September the CBI might issue the new smaller categories if they were to follow the 2012 planned schedule. So it appears to us now they are not strictly following this plan. ...I am beginning to see that they are still moving towards an early Jan 2020 move since their accounting year begins on Jan 1st. We know they have told us through their past attempts to reinstate the dinar that this is the BEST and MOST CONVENIENT time to do so. [post 2 of 2]
10-1-2019 Newshound/Intel Guru Mnt Goat ...Well, well here we are done with September and it’s October already...Yes, the weeks and months are clicking away... They...bash me for justifying this might just go all the way until early January 2020. ...SO, WHERE DO WE SIT RIGHT NOW WITH THE RV? ...We are just waiting on the CBI to launch the smaller of the small category notes. Remember they already launched the 250, 500 and 1000 notes way back in 2003 and in 2011 they told us these notes will REMAIN in circulation as part of the smaller category notes... We are waiting for notes yet even of smaller denominations. [post 1 of 2....stay tuned]
10-1-2019 Newshound Guru Jeff ...looks like the Nasdaq/ISX news was nothing more than a software upgrade...I strongly put an emphasis for you over the weekend that the whole software thing between NASDAQ and ISX was nothing more than a software upgrade and the second item I brought to you was I told you that all the marching and protesting would amount to nothing...so far you guys are seeing that...
10-1-2019 Intel Guru Frank26 ...we're putting everyone on red alert...the lower denoms have been given the approval to be distributed among all the Iraq banks - to the citizens once the rate changes...
10-1-2019 Intel/Newshound Guru sandyf It is totally irrelevant how much currency is held where, the only significant figure is the liability on the CBI that appears in their accounts. At the end of August that figure stood at over 48 trillion dinar and the IMF projection takes that figure to nearly 60 trillion over the next 5 years...
10-1-2019 Newshound Guru Kaperoni I want to point out to critical events between now and the end of the year. One is the vote through Parliament on Special Grades, the other being the 2020 budget which the supposed to include the launching of the market economy. Iraq is at a critical stage right now not only with an abundance of laws that still need to be passed, but they are in dire need to lure private investors in to rebuild. [post 2 of 2]
10-1-2019 Newshound Guru Kaperoni The Iraq government is striving to create a market economy with private investment. Doing so would bring substantial money into the country. This would create inflationary pressure on the financial system, the solution is to float the currency to relieve that pressure. It also would allow the CBI to profit by controlling the currency, buying and selling making commissions. Any kind of RV would circumvent those tools. [post 1 of 2....stay tuned]
10-1-2019 Newshound Guru Jeff [Article: A surprising new forecast for the 2020 budget deficit] ...goes into detail about the 2020 budget...I'm done looking at the year of 19 and I've already advanced into the year of 2020...they're telling you that the 2020 budget should create the conditions to support economic reform, reconstruction activities focused on immediate reforms and implementation of the government program...the government program is...all the government services after the rate change that are gonna be offered to the citizens post rate change to give them a better life...look at what they've linked to the 2020 budget...
10-1-2019 Intel Guru Frank26 ...the 3rd phase has ended pretty much as of today. These are steps that have to be done. I call them phases but the CBI is calling them blocks...I told you there were four phases. I believe we are about to start the 4th phase...the momentum of the monetary reform, it is picking up...IMO these samples/specimens that were given to the bank by the CBI...or lower denoms these are next to be seen by the citizens as part of their education. Then the real small category notes/lower denoms will be put in their hands with a change in the rate...the only step important now is for the citizens...
10-1-2019 Intel Guru MarkZ I am looking for a fantastic day…If news is as good as I expect…..you will be hearing from me again today...Today is the first…..we are waiting to find out exactly what they did get done...lots of encouraging news from Zurich…they are still expecting liquidity today...Lots of chatter that Reno was going to go... [Is this ever going to happen?] It’s always been a when…not an if...the when is really hard to wait for though... I think this is a very hopeful week for us as everything plays out.
10-1-2019 Newshound/Intel Guru Mnt Goat ...I have stated in the past that maybe in September the CBI might issue the new smaller categories if they were to follow the 2012 planned schedule. So it appears to us now they are not strictly following this plan. ...I am beginning to see that they are still moving towards an early Jan 2020 move since their accounting year begins on Jan 1st. We know they have told us through their past attempts to reinstate the dinar that this is the BEST and MOST CONVENIENT time to do so. [post 2 of 2]
10-1-2019 Newshound/Intel Guru Mnt Goat ...Well, well here we are done with September and it’s October already...Yes, the weeks and months are clicking away... They...bash me for justifying this might just go all the way until early January 2020. ...SO, WHERE DO WE SIT RIGHT NOW WITH THE RV? ...We are just waiting on the CBI to launch the smaller of the small category notes. Remember they already launched the 250, 500 and 1000 notes way back in 2003 and in 2011 they told us these notes will REMAIN in circulation as part of the smaller category notes... We are waiting for notes yet even of smaller denominations. [post 1 of 2....stay tuned]
10-1-2019 Newshound Guru Jeff ...looks like the Nasdaq/ISX news was nothing more than a software upgrade...I strongly put an emphasis for you over the weekend that the whole software thing between NASDAQ and ISX was nothing more than a software upgrade and the second item I brought to you was I told you that all the marching and protesting would amount to nothing...so far you guys are seeing that...
10-1-2019 Intel Guru Frank26 ...we're putting everyone on red alert...the lower denoms have been given the approval to be distributed among all the Iraq banks - to the citizens once the rate changes...
9-30-2019 Newshound Guru Kaperoni ...guru Frank26 thinks something has to happen by tomorrow Oct 1st because the new FOREX/ISX agreement goes into effect. Wrong! ...It's a renewal and software agreement. Nothing more.
9-30-2019 Newshound Guru Breitling [Question: I got another email from [broker name redacted] they're currency buy back policy best rate in town ...Do you think this is a good sign for us?] Absolutely. Why would [Broker Name] send out emails trying to buy back your currency at a higher value if the market didn't demand for it? It's just a market demand. So that makes sense right? I'm telling you, people that I talk to that got into the ISX when I first got into investing in the Middle East - They wouldn't touch the dinar. Now they're all trying to get it. They can't buy it at Chase Bank like I did. So they're going out and buying it and making sure that it's all legit. That's where the demand is coming from...I'm very excited and you should be too...
9-30-2019 Intel Guru MarkZ [via PDK] Spoke to a number of Zurich contacts who expect liquidity first thing in the morning…they are convinced this is it...they hear funds are waiting for midnight and the new fiscal year to start…They feel Oct 1st was always the plan...other dates were given to keep everyone guessing… So it does look like a shotgun start. Imo. [Will you come on and tell us if everything starts at midnight.] I absolutely will...as fast as I can. People in Iraq are sick of waiting...they still believe we can go at anytime... we hear they just may try to force it this weekend...
9-30-2019 Intel Guru Frank26 So this huge demonstration starts in Al Sadar city...if they don’t get this done by Oct 1st...IMO they are really going to hear from the citizens. IMO the CBI and the GOI are in cahoots for the introduction of their monetary reform. On Oct. 1st the Nasdaq is waiting for the Iraqi dinar to show up...so they had better be there.
9-30-2019 Newshound Guru Jeff ...what the gurus do...they're sharing their opinion with you based on all the current data that has come from Iraq. But if that data changes I personally will change my mind fast and rapidly. My mind is so tuned in on what they do that I can change my mind at the blink of an eye...that's what you saw me do about a week ago. My mind changed so fast because the factual data changed fast. What that simply means is that the old information that we were studying and looking at is kind of put on the back burner...me personally I'm not focusing on that anymore. I'm looking more at the new stuff because we have a brand new set of facts and data now going forward...
9-30-2019 Newshound Guru Kaperoni The Arab Monetaty Fund is now including Iraq's stock exchange among the 17 financial markets registered within the AMF. Good news and a clear step in the right direction.
9-30-2019 Intel Guru BobTheTaxMan ...we know the CBI has set it up so they are not selling dinar outside the country at this point and time. All of these dealers...are buying dinar internally inside the United States and then reselling it. That's all they have. That's the market. They are limited now. They can't get it anymore. We also know the note count is being reduced. The accessibility to it is just not there. I realize we have not had a physical change in the value...but just take a look at the fact that the accessibility to it has become very limited. Very limited. That means somewhere down the line this thing is going to have value...
9-30-2019 Newshound Guru Breitling [Question: I got another email from [broker name redacted] they're currency buy back policy best rate in town ...Do you think this is a good sign for us?] Absolutely. Why would [Broker Name] send out emails trying to buy back your currency at a higher value if the market didn't demand for it? It's just a market demand. So that makes sense right? I'm telling you, people that I talk to that got into the ISX when I first got into investing in the Middle East - They wouldn't touch the dinar. Now they're all trying to get it. They can't buy it at Chase Bank like I did. So they're going out and buying it and making sure that it's all legit. That's where the demand is coming from...I'm very excited and you should be too...
9-30-2019 Intel Guru MarkZ [via PDK] Spoke to a number of Zurich contacts who expect liquidity first thing in the morning…they are convinced this is it...they hear funds are waiting for midnight and the new fiscal year to start…They feel Oct 1st was always the plan...other dates were given to keep everyone guessing… So it does look like a shotgun start. Imo. [Will you come on and tell us if everything starts at midnight.] I absolutely will...as fast as I can. People in Iraq are sick of waiting...they still believe we can go at anytime... we hear they just may try to force it this weekend...
9-30-2019 Intel Guru Frank26 So this huge demonstration starts in Al Sadar city...if they don’t get this done by Oct 1st...IMO they are really going to hear from the citizens. IMO the CBI and the GOI are in cahoots for the introduction of their monetary reform. On Oct. 1st the Nasdaq is waiting for the Iraqi dinar to show up...so they had better be there.
9-30-2019 Newshound Guru Jeff ...what the gurus do...they're sharing their opinion with you based on all the current data that has come from Iraq. But if that data changes I personally will change my mind fast and rapidly. My mind is so tuned in on what they do that I can change my mind at the blink of an eye...that's what you saw me do about a week ago. My mind changed so fast because the factual data changed fast. What that simply means is that the old information that we were studying and looking at is kind of put on the back burner...me personally I'm not focusing on that anymore. I'm looking more at the new stuff because we have a brand new set of facts and data now going forward...
9-30-2019 Newshound Guru Kaperoni The Arab Monetaty Fund is now including Iraq's stock exchange among the 17 financial markets registered within the AMF. Good news and a clear step in the right direction.
9-30-2019 Intel Guru BobTheTaxMan ...we know the CBI has set it up so they are not selling dinar outside the country at this point and time. All of these dealers...are buying dinar internally inside the United States and then reselling it. That's all they have. That's the market. They are limited now. They can't get it anymore. We also know the note count is being reduced. The accessibility to it is just not there. I realize we have not had a physical change in the value...but just take a look at the fact that the accessibility to it has become very limited. Very limited. That means somewhere down the line this thing is going to have value...
9-29-2019 Newshound Guru Jeff ...Iraq itself is not in charge of the timing of the rate change. External powers are...this is not the first time that they've marched and protested from being unhappy because the government is not fulfilling their promise and obligations to the citizens...over the next few weeks you're gonna see that all this marching and protesting is going to amount to nothing...
9-29-2019 Newshound Guru larrykn I was just reading the imf article iv. that kaps [Guru Kaperoni] is always talking about, I see a lot of things in there that need to get done and what they want to do...one is they want to reduce to zero the money owed to the IOC's (international oil companies) they also want to get rid of the MCP, So here is my ?. If they get rid of the MCP how can they maintain the buying and selling rates when its at 1160...they do the auctions now, using the USD, when that goes away, then what?. also the big issue I see them having was Isis. That seemed to have put a big wrench into the economy. Seems they are working on that now...but so far I have not seen where they are talking about floating a currency gradually. I see them doing other things gradually but so far and I'm still reading I don't see that about currency.
9-29-2019 BobTheTaxMan [Question: Do you think we will need receipts to claim what we have to cash in?] Absolutely not...now, if you were playing the capital gains game, yeah that would matter. But it's not. But we know and I've said it over and over, this is going to be treated as ordinary income... [NOTE: Speak with your tax professional at the appropriate time]
9-29-2019 Newshound Guru Kaperoni There's only two options on the table. Parliament has talked about doing a LOP which is a neutral event and you make no money. But if it goes up after the lop you might double your investment. Or the CBI could follow the directive from the IMF, and Float the currency. Which would allow for a gradual appreciation over several months or even years. In doing so allowing them to reduce the currency in circulation at the same time. But I assure you they'll never be a significant RV. It's just not possible. If you're serious about learning about your investment I would start with reading the IMF Article IV Consultations...
9-29-2019 Newshound/Intel Guru RVAlready ...I expect the protest will come, and Allaq will announce the RV, and everyone will celebrate.
9-29-2019 Intel Guru Frank26 All the articles you are reading today look good…but it’s OLD NEWS...it’s been done , overdone, it’s done. All I am waiting for is for them to announce the lifting of the value of their currency. Whether they announce it or whether they just do it automatically on the CBI website…That’s all I am waiting for, and that’s all my teams are waiting for…nothing else. The evidence out there is too strong to ignore.
9-29-2019 Newshound Guru Breitling ...the best numbers I can come up with and I've said this before, you're talking .51, .52, .53 cents. That makes sense because when you look at the gas [oil?] prices and you look at their budget that they have to maintain and then you look at what markets that they're in to cover all that you need at least .52, .53 cents. Think of it as almost as the same budget as Brazil. Because Brazil's currency is about 1/2 of the United States. I don't know what it is right now but it used to be back in the day [1 Brazilian Real = .24 USD] You can compare the budgets and see what they're doing...
9-29-2019 Newshound Guru larrykn I was just reading the imf article iv. that kaps [Guru Kaperoni] is always talking about, I see a lot of things in there that need to get done and what they want to do...one is they want to reduce to zero the money owed to the IOC's (international oil companies) they also want to get rid of the MCP, So here is my ?. If they get rid of the MCP how can they maintain the buying and selling rates when its at 1160...they do the auctions now, using the USD, when that goes away, then what?. also the big issue I see them having was Isis. That seemed to have put a big wrench into the economy. Seems they are working on that now...but so far I have not seen where they are talking about floating a currency gradually. I see them doing other things gradually but so far and I'm still reading I don't see that about currency.
9-29-2019 BobTheTaxMan [Question: Do you think we will need receipts to claim what we have to cash in?] Absolutely not...now, if you were playing the capital gains game, yeah that would matter. But it's not. But we know and I've said it over and over, this is going to be treated as ordinary income... [NOTE: Speak with your tax professional at the appropriate time]
9-29-2019 Newshound Guru Kaperoni There's only two options on the table. Parliament has talked about doing a LOP which is a neutral event and you make no money. But if it goes up after the lop you might double your investment. Or the CBI could follow the directive from the IMF, and Float the currency. Which would allow for a gradual appreciation over several months or even years. In doing so allowing them to reduce the currency in circulation at the same time. But I assure you they'll never be a significant RV. It's just not possible. If you're serious about learning about your investment I would start with reading the IMF Article IV Consultations...
9-29-2019 Newshound/Intel Guru RVAlready ...I expect the protest will come, and Allaq will announce the RV, and everyone will celebrate.
9-29-2019 Intel Guru Frank26 All the articles you are reading today look good…but it’s OLD NEWS...it’s been done , overdone, it’s done. All I am waiting for is for them to announce the lifting of the value of their currency. Whether they announce it or whether they just do it automatically on the CBI website…That’s all I am waiting for, and that’s all my teams are waiting for…nothing else. The evidence out there is too strong to ignore.
9-29-2019 Newshound Guru Breitling ...the best numbers I can come up with and I've said this before, you're talking .51, .52, .53 cents. That makes sense because when you look at the gas [oil?] prices and you look at their budget that they have to maintain and then you look at what markets that they're in to cover all that you need at least .52, .53 cents. Think of it as almost as the same budget as Brazil. Because Brazil's currency is about 1/2 of the United States. I don't know what it is right now but it used to be back in the day [1 Brazilian Real = .24 USD] You can compare the budgets and see what they're doing...
9-28-2019 Intel Guru Delta ...looks like the demonstration [Scheduled for Tuesday October 1st] is going to be the hugest one ever in Iraq. It's all over social media...they are talking about it like a revolutionary one...you remember what happened with Egypt...revolution. This one might be the same thing...this is very very big. This is no joke around it. They have to do something for those citizens...there might be more than 5, 6 maybe 10 million people all over. Every city every province...this is definitely good for us. Hopefully this will make the government and the Central Bank do something to move forward so the citizens can do something...everything is very sensitive for the government. We know the CBI is ready...they have to move forward before it's too late...
9-28-2019 Newshound Guru Jeff ...Our current status right now...don't forget the numbers that they're discussing for the 2020 budget include monies for Articles 140 and the HCL. This 2020 budget has post rate change monies in it...we're looking good. They're moving forward at the same pace they have throughout this entire year. Continuing to reach agreement. Continue to set the stage. Reaching stability and everything that the CBI is seeking for the rate change. So things are progressing. Looking pretty good...
9-28-2019 Intel Guru Frank26 ...China in fact it's so big. I'll tell you what, this is going to explode the Iraqi dinar. It is so big...I'm serious. What it's going to do to the value of the Iraqi Dinar is amazing...
9-28-2019 Newshound Guru Breitling [Question: You said all along that they want to get the dinar to a buck then after this time maybe more. Do you mean RI at a dollar or RI much lower and have it slowly rise to a dollar?] Not an RI. A "Reinstatement" is a reinstatement of an earlier value. That doesn't mean anything anyways...You went all the way from $3.25 all the way down to a tenth of a penny. So pick a rate...what's the original value? There's no set of rules. They want to REVALUE the currency. They never said they want to reinstate...If there are any articles out there talking about reinstating their currency it never once came from the CBI...They clearly said they'll start off and get it to a buck. Whatever it is, they want to get it to a buck. Don't worry about the "RI".
9-28-2019 Newshound Guru Kaperoni I cannot see any reason the CBI would make a move before the end of the year. Banking reforms still need to be done, laws still need to be passed, investors need to come and set up business and there is a criticle vote Oct 24 on the CBI governor...If we're lucky and Iraq succeeds in launching a market economy around the first of the year, and we see the significant transition built into the budget for 2020, then we should see the Central Bank move off the peg and begin to float the currency next year. But time will tell.
9-28-2019 Newshound Guru chattels Article: "Financial expert Safwan Qusay said that the process of economic reform in Iraq needs to adopt a new approach to combat corruption." Increasingly my thinking is that Iraq just has too many problems for our liquidity event to happen. Lack of security, instability and corruption remain constant companions for Iraq. But, who knows?
9-28-2019 Intel Guru Frank26 ...something happened about three months ago...XE converter...why would you take the rate down of the Iraqi dinar? ...We found two more areas of interest that deal with the Iraqi dinar and they're saying the same thing. So that's three we have. That's a pattern we want to pay attention to ...I think it's because it's the right time to do that...I think this pattern being broken is related to our investment...
9-28-2019 Newshound Guru Kaperoni ...technically we were very close 6-7 years ago under Shabibi...Shabibi clearly prepared, held the dinar within 2% for 14 months or so and announced he was ready to move forward. As well the World Bank launched an extensive campaign on behalf of the CBI to inform citizens. For whatever the reasons, Maliki stopped him. Everyone is aware of that.
9-28-2019 Newshound Guru Jeff ...Our current status right now...don't forget the numbers that they're discussing for the 2020 budget include monies for Articles 140 and the HCL. This 2020 budget has post rate change monies in it...we're looking good. They're moving forward at the same pace they have throughout this entire year. Continuing to reach agreement. Continue to set the stage. Reaching stability and everything that the CBI is seeking for the rate change. So things are progressing. Looking pretty good...
9-28-2019 Intel Guru Frank26 ...China in fact it's so big. I'll tell you what, this is going to explode the Iraqi dinar. It is so big...I'm serious. What it's going to do to the value of the Iraqi Dinar is amazing...
9-28-2019 Newshound Guru Breitling [Question: You said all along that they want to get the dinar to a buck then after this time maybe more. Do you mean RI at a dollar or RI much lower and have it slowly rise to a dollar?] Not an RI. A "Reinstatement" is a reinstatement of an earlier value. That doesn't mean anything anyways...You went all the way from $3.25 all the way down to a tenth of a penny. So pick a rate...what's the original value? There's no set of rules. They want to REVALUE the currency. They never said they want to reinstate...If there are any articles out there talking about reinstating their currency it never once came from the CBI...They clearly said they'll start off and get it to a buck. Whatever it is, they want to get it to a buck. Don't worry about the "RI".
9-28-2019 Newshound Guru Kaperoni I cannot see any reason the CBI would make a move before the end of the year. Banking reforms still need to be done, laws still need to be passed, investors need to come and set up business and there is a criticle vote Oct 24 on the CBI governor...If we're lucky and Iraq succeeds in launching a market economy around the first of the year, and we see the significant transition built into the budget for 2020, then we should see the Central Bank move off the peg and begin to float the currency next year. But time will tell.
9-28-2019 Newshound Guru chattels Article: "Financial expert Safwan Qusay said that the process of economic reform in Iraq needs to adopt a new approach to combat corruption." Increasingly my thinking is that Iraq just has too many problems for our liquidity event to happen. Lack of security, instability and corruption remain constant companions for Iraq. But, who knows?
9-28-2019 Intel Guru Frank26 ...something happened about three months ago...XE converter...why would you take the rate down of the Iraqi dinar? ...We found two more areas of interest that deal with the Iraqi dinar and they're saying the same thing. So that's three we have. That's a pattern we want to pay attention to ...I think it's because it's the right time to do that...I think this pattern being broken is related to our investment...
9-28-2019 Newshound Guru Kaperoni ...technically we were very close 6-7 years ago under Shabibi...Shabibi clearly prepared, held the dinar within 2% for 14 months or so and announced he was ready to move forward. As well the World Bank launched an extensive campaign on behalf of the CBI to inform citizens. For whatever the reasons, Maliki stopped him. Everyone is aware of that.
9-27-2019 Newshound Guru Kaperoni ...everyone should pay attention on Oct 24th. Parliament is set to vote on Special Grades. This is critical because the Governor of the CBI is at risk. If Parliament chooses to replace Allaq it could be a major setback. Some think otherwise..time will tell.
9-27-2019 Intel Guru Frank26 ...on [Iraqi] television and electronic billboards they're telling the citizens the ISX is about to allow the country of Iraq and its citizens to enter the international global market for trade...companies right now are pouring in...they are about to tell us they are Article VIII...NASDAQ signed a contract with the ISX to start selling internationally on October 1st...
9-27-2019 Intel Guru MarkZ [via PDK] As we understand it we almost had the trigger pulled yesterday…we have great expectation for today and tomorrow. Everything points to “soon” . I hate that word, by the way. The word “soon” seemed to mean “eternity” in Dinarland…lol
9-27-2019 Newshound Guru Kaperoni Hopefully the CBI will follow the guidance of the IMF. And I believe they will and are creating the conditions for a market economy to create pressure on the financial system allowing the currency to appreciate be a float. We certainly have seen a lot of effort the last several months by the Iraqi government to line up investment to create a private sector as well as rebuild the infrastructure. Iraq has clearly stated they need $80 billion dollars to accomplish this.
9-27-2019 Intel Guru RayRen98 NEW BANK SOURCES HAVE OPENED UP TO ME...AND BOY, ARE THEY EXCITED ABOUT BEING ASSIGNED TO "EXCHANGE LOCATION CENTERS"...TODAY! SOME 'OLD' BANK SOURCES REPORTED HAVING TO REPORT TO "EXCHANGE LOCATION CENTERS" THIS MORNING...BEFORE OPENING HOURS! BEING TOLD..."AS SOON AS THE SCREENS REAPPEAR...IT'S PARTY TIME!" (IF I DISAPPEAR ALL OF A SUDDEN...HA HA HA) HINT: BE PREPARED TO NEGOTIATE "ANY" RATE THAT IS ON THE SCREEN AT EXCHANGE TIME. PAY ATTENTION...OR BE WILLING TO PAY THE PRICE!!
9-27-2019 Intel Guru Frank26 ...I don't like to talk about politics [but]...If you get rid of President Trump you don't have an RI in Iraq. Everything is in my opinion. But in my opinion that is a fact...
9-27-2019 Newshound/Intel Guru Mnt Goat We are just waiting for the CBI to make its next move. Bank memos or news is all insignificant if the CBI does not act...Don’t you think we will see any changes first in Iraq and report on them long before the news hits the US banks? There is no conspiracy here. No secrets. The banks don’t know and will not know before any more than we know.
9-27-2019 Intel Guru Frank26 "Firefly77 Report: On Iraqi TV today the CBI is saying to us, the citizens...that they have unified all databases with the Kurdistan area with Baghdad. The main branch of the Central Bank of Iraq and NEX.(?) They will be working on Musol, and they are talking about the importance of being able to do transactions now in real time with this database... It’s all linked up." Do you know what they are talking about? Do you understand why the CBI is telling the citizens that all banks now have the same database? Because they are international now and they are under Article 8 . And they are about to tell the world by simply changing it…that they have a new exchange rate. It doesn’t have to be a big announcement. When the media finds out, they are going to take it and run with it.
9-27-2019 Intel Guru Frank26 ...on [Iraqi] television and electronic billboards they're telling the citizens the ISX is about to allow the country of Iraq and its citizens to enter the international global market for trade...companies right now are pouring in...they are about to tell us they are Article VIII...NASDAQ signed a contract with the ISX to start selling internationally on October 1st...
9-27-2019 Intel Guru MarkZ [via PDK] As we understand it we almost had the trigger pulled yesterday…we have great expectation for today and tomorrow. Everything points to “soon” . I hate that word, by the way. The word “soon” seemed to mean “eternity” in Dinarland…lol
9-27-2019 Newshound Guru Kaperoni Hopefully the CBI will follow the guidance of the IMF. And I believe they will and are creating the conditions for a market economy to create pressure on the financial system allowing the currency to appreciate be a float. We certainly have seen a lot of effort the last several months by the Iraqi government to line up investment to create a private sector as well as rebuild the infrastructure. Iraq has clearly stated they need $80 billion dollars to accomplish this.
9-27-2019 Intel Guru RayRen98 NEW BANK SOURCES HAVE OPENED UP TO ME...AND BOY, ARE THEY EXCITED ABOUT BEING ASSIGNED TO "EXCHANGE LOCATION CENTERS"...TODAY! SOME 'OLD' BANK SOURCES REPORTED HAVING TO REPORT TO "EXCHANGE LOCATION CENTERS" THIS MORNING...BEFORE OPENING HOURS! BEING TOLD..."AS SOON AS THE SCREENS REAPPEAR...IT'S PARTY TIME!" (IF I DISAPPEAR ALL OF A SUDDEN...HA HA HA) HINT: BE PREPARED TO NEGOTIATE "ANY" RATE THAT IS ON THE SCREEN AT EXCHANGE TIME. PAY ATTENTION...OR BE WILLING TO PAY THE PRICE!!
9-27-2019 Intel Guru Frank26 ...I don't like to talk about politics [but]...If you get rid of President Trump you don't have an RI in Iraq. Everything is in my opinion. But in my opinion that is a fact...
9-27-2019 Newshound/Intel Guru Mnt Goat We are just waiting for the CBI to make its next move. Bank memos or news is all insignificant if the CBI does not act...Don’t you think we will see any changes first in Iraq and report on them long before the news hits the US banks? There is no conspiracy here. No secrets. The banks don’t know and will not know before any more than we know.
9-27-2019 Intel Guru Frank26 "Firefly77 Report: On Iraqi TV today the CBI is saying to us, the citizens...that they have unified all databases with the Kurdistan area with Baghdad. The main branch of the Central Bank of Iraq and NEX.(?) They will be working on Musol, and they are talking about the importance of being able to do transactions now in real time with this database... It’s all linked up." Do you know what they are talking about? Do you understand why the CBI is telling the citizens that all banks now have the same database? Because they are international now and they are under Article 8 . And they are about to tell the world by simply changing it…that they have a new exchange rate. It doesn’t have to be a big announcement. When the media finds out, they are going to take it and run with it.
9-26-2019 Newshound Guru Bloodloch ...As far as how I still believe it will happen, some are right on the money. The slow climb of 1090 to 1 up to 1 to 1 isn't likely to occur since speculators will exert buying pressure and the secondary market would get overheated very quickly. Yet, to say that 40 trillion in IQD is suddenly worth 40 trillion USD on the foreign (or domestic) exchange can't happen either. Even the US only possesses about a 3.3 trillion USD money supply (M0) of late. The truth, I believe, will be a happy medium between the extremes of an overnight revaluation on the one hand, and a long-term crawl on the other, to find its true, happy equilibrium.
9-26-2019 Newshound Guru Jeff ...they turned around yesterday and told you that starting in February they're gonna put these financial steps and measures in place that helps reduce the funding and financing for terrorism and money laundering. They're doing it in February...that tells me they're setting the stage most likely for March because they're putting these types of steps and measures in place in February. So what I'm suggesting to you is forget about January and February for the rate change. Move your eyes after February...
9-26-2019 Newshound Guru Kaperoni ...there are at least 10 articles in the last 2 years that say that the CBI needs to float the currency...whether you believe it or not they will float the currency because that is the tool that they need if they want investment in the country. If they don't want any outside investment they don't need to float. But they expect a ...billion dollars over the next 12 to 16 months to come into Iraq that will cause inflationary pressure on their financial system...there is no ifs ands or buts about it. If that money comes in they will have significant inflationary pressure and the tool for that is to float.
9-26-2019 Intel Guru Eagleone2025 [via PDK] THERE HAS BEEN A LOT OF TROUBLE IN BRINGING THIS TOGETHER. …BEEN ON THE PHONE WITH SEVERAL SOURCES. WE KNOW THAT WE ARE VERY CLOSE. THE RELEASE IS VERY NEAR. IT HAS BEEN A LONG JOURNEY.
9-26-2019 Intel Guru MarkZ [via PDK] Zurich and one UK contact are expecting fireworks at anytime today. [Any news from Iraq?] My last update was Tuesday night...as of then there was no new rate. [Iraq IXE supposed joining in the NASDEq on Oct 1st. Heard they have to be 1/1 at least 1 to 1 or higher rate before they can be on International Stock Exchange. What do you think?] and they have to be in Article 8. I am the most excited I have been in a long time…
9-26-2019 Newshound/Intel Guru Mnt Goat A “lop” is a technical term not slang. It is a IMF currency manipulation tool they use in times of hyper-inflation. ...Iraq is controlling their inflation and keeping it at bay to + or – 2%. If they were not doing this none of this second phase of the process to delete the zeros would even be taking place in the first place. ...They must maintain the MCP to this 2% criteria in order to move forward and operate under Article 8 of the IMF UN Charter for member nations. Iraq is a member. So again how anyone can call this a “lop” I don’t know. It does not even come close to the use of the IMF term...
9-26-2019 Intel Guru Frank26 Breaking news IMO...The White House of the United States of America put this out [video with Trump and the president of Iraq]...The White House wants us to know, American citizens and the whole world to know the White House is finally talking about Iraq and this timing is perfect...I believe the White House wants everyone to know where we're at with Iraq...timing is everything...it's week number 4 in September...
9-26-2019 Intel Guru RayRen98 BANK CONTACTS ARE SAYING "NOW THROUGH SATURDAY" .... TIME WILL TELL!
9-26-2019 Newshound Guru Kaperoni ...I am 100% positive of what I say because the IMF clearly said it...if it's in print in the IMF document its 100% fact...And if you don't believe the IMF has control over the CBI and only can influence them you're wrong because in 2015 they became trustee of the CBI which has given them authority to implement monetary policy. And we have since seen such action.
9-26-2019 Newshound Guru Jeff ...they turned around yesterday and told you that starting in February they're gonna put these financial steps and measures in place that helps reduce the funding and financing for terrorism and money laundering. They're doing it in February...that tells me they're setting the stage most likely for March because they're putting these types of steps and measures in place in February. So what I'm suggesting to you is forget about January and February for the rate change. Move your eyes after February...
9-26-2019 Newshound Guru Kaperoni ...there are at least 10 articles in the last 2 years that say that the CBI needs to float the currency...whether you believe it or not they will float the currency because that is the tool that they need if they want investment in the country. If they don't want any outside investment they don't need to float. But they expect a ...billion dollars over the next 12 to 16 months to come into Iraq that will cause inflationary pressure on their financial system...there is no ifs ands or buts about it. If that money comes in they will have significant inflationary pressure and the tool for that is to float.
9-26-2019 Intel Guru Eagleone2025 [via PDK] THERE HAS BEEN A LOT OF TROUBLE IN BRINGING THIS TOGETHER. …BEEN ON THE PHONE WITH SEVERAL SOURCES. WE KNOW THAT WE ARE VERY CLOSE. THE RELEASE IS VERY NEAR. IT HAS BEEN A LONG JOURNEY.
9-26-2019 Intel Guru MarkZ [via PDK] Zurich and one UK contact are expecting fireworks at anytime today. [Any news from Iraq?] My last update was Tuesday night...as of then there was no new rate. [Iraq IXE supposed joining in the NASDEq on Oct 1st. Heard they have to be 1/1 at least 1 to 1 or higher rate before they can be on International Stock Exchange. What do you think?] and they have to be in Article 8. I am the most excited I have been in a long time…
9-26-2019 Newshound/Intel Guru Mnt Goat A “lop” is a technical term not slang. It is a IMF currency manipulation tool they use in times of hyper-inflation. ...Iraq is controlling their inflation and keeping it at bay to + or – 2%. If they were not doing this none of this second phase of the process to delete the zeros would even be taking place in the first place. ...They must maintain the MCP to this 2% criteria in order to move forward and operate under Article 8 of the IMF UN Charter for member nations. Iraq is a member. So again how anyone can call this a “lop” I don’t know. It does not even come close to the use of the IMF term...
9-26-2019 Intel Guru Frank26 Breaking news IMO...The White House of the United States of America put this out [video with Trump and the president of Iraq]...The White House wants us to know, American citizens and the whole world to know the White House is finally talking about Iraq and this timing is perfect...I believe the White House wants everyone to know where we're at with Iraq...timing is everything...it's week number 4 in September...
9-26-2019 Intel Guru RayRen98 BANK CONTACTS ARE SAYING "NOW THROUGH SATURDAY" .... TIME WILL TELL!
9-26-2019 Newshound Guru Kaperoni ...I am 100% positive of what I say because the IMF clearly said it...if it's in print in the IMF document its 100% fact...And if you don't believe the IMF has control over the CBI and only can influence them you're wrong because in 2015 they became trustee of the CBI which has given them authority to implement monetary policy. And we have since seen such action.
9-25-2019 Newshound Guru Adam Montana The amount of the agreements amounts to some $500 billion (on the surface). Is this China investing in a poor, tattered, and hopeless nation? Or is it China investing in a resource rich and soon to be powerful ally? Quote: "China, according to the recent agreements will be one of the largest importers of Iraqi oil, and today imports up to 800 thousand barrels of oil per day from Iraq and I expect to rise to one million next year." ...The multi-million dinar question at this point may be as simple as this: "If China invests 500 billion into Iraq, does Iraq want to pay it back in Pre or Post RV dinars?"... [post 2 of 2]
9-25-2019 Newshound Guru Adam Montana For some time now I have personally had my eye on Iraq's dealings with other countries, much like many of you have. When it was announced that Iraqi officials were making a special trip to China for some specialized talks, it really perked me up! ...Since then, the China news has just gotten hotter and hotter! Of course none of us knows exactly how this is going to shake out, but it's undeniable that some major movements are taking place... [post 1 of 2....stay tuned]
9-25-2019 Newshound Guru Jeff ...Iraq is back to being as busy as can be right now. Basically what this is telling me is they need the remainder of this entire year of 2019 to finish setting the stage for the rate change... they're gonna need the remainder of this year to do it. Regarding the Education Minister, IMO, they will not even finish that until next year probably around Q1 of next year...so you might as well direct your focus to 2020.
9-25-2019 Intel Guru MarkZ [What are you hearing on the dong rate?] I hear it will roll out over there at about .47 but our contract rates will put it in the low $2.00 range. [How long do you think we will have to exchange?] We are hearing we will have 45 days to do our exchanges and 45 days to finish... We hear they want to make sure they have plenty of time to exchange. [Are we going to the banks this week?] Wish I could say yes for sure...IMO we will...but that’s just an opinion.
[post 2 of 2]
9-25-2019 Intel Guru MarkZ [via PDK] We are watching this thing roll out in an amazing way IMO. We are hearing that audits in the US caused a slight stall but we are still in an anytime mode. I have nothing negative to say... I would not be surprised to get a call at anytime saying here is your 800 numbers...go …Still hearing the dinar street rate will be about $3.91 with our contract rate a few dollars higher in the US. [post 1 of 2....stay tuned]
9-25-2019 Intel Guru Frank26 ...the CBI laid out step-by-step-by-step of what they were going to do with monetary reform...they called them phases. There's three phases they said. Phase II according to our firefly came to an end Saturday. Phase III is about to commence...We are in the 4th week of September that's phase III. What happened yesterday started Phase III pretty much. Yesterday the CBI told the citizens, 'look, we plastered out everywhere - you need to be ready...'
9-25-2019 Newshound/Intel Guru Mnt Goat ...these older 3 zero notes will “coincide” with the new smaller category notes. They will NOT be worthless even at a change to the program rate. Heck, even now they are not worthless. This is a bonified currency. As investors this first step does not mean much to us but does tell us there is no turning back unless they suddenly have massive inflation as a result of it. They probably won’t. So there will be waiting period to check for the inflation. My CBI contact told me it could be 3 days, 3 weeks or 3 months. Who knows until they do the program rate change. [post 2 of 2]
9-25-2019 Newshound/Intel Guru Mnt Goat Okay so let me go over this stage of the process to delete the zeros once more time... If the CBI program rate is .00083 then after they delete the zeros it will be .83 or 83 cents. They plan to first do this next step prior to the reinstatement. ...The new smaller category note of 25 will equal the same rate as the 25,000 was. So 25 dinar note x .83 = $20.75 in USD. Now after this CBI program rate changes, Iraqi citizens can then take their 25,000 notes to the bank and turn them in. They will be worth 25,000 x .83 = $20,750.00 in USD. [post 1 of 2....stay tuned]
9-25-2019 Newshound Guru Adam Montana For some time now I have personally had my eye on Iraq's dealings with other countries, much like many of you have. When it was announced that Iraqi officials were making a special trip to China for some specialized talks, it really perked me up! ...Since then, the China news has just gotten hotter and hotter! Of course none of us knows exactly how this is going to shake out, but it's undeniable that some major movements are taking place... [post 1 of 2....stay tuned]
9-25-2019 Newshound Guru Jeff ...Iraq is back to being as busy as can be right now. Basically what this is telling me is they need the remainder of this entire year of 2019 to finish setting the stage for the rate change... they're gonna need the remainder of this year to do it. Regarding the Education Minister, IMO, they will not even finish that until next year probably around Q1 of next year...so you might as well direct your focus to 2020.
9-25-2019 Intel Guru MarkZ [What are you hearing on the dong rate?] I hear it will roll out over there at about .47 but our contract rates will put it in the low $2.00 range. [How long do you think we will have to exchange?] We are hearing we will have 45 days to do our exchanges and 45 days to finish... We hear they want to make sure they have plenty of time to exchange. [Are we going to the banks this week?] Wish I could say yes for sure...IMO we will...but that’s just an opinion.
[post 2 of 2]
9-25-2019 Intel Guru MarkZ [via PDK] We are watching this thing roll out in an amazing way IMO. We are hearing that audits in the US caused a slight stall but we are still in an anytime mode. I have nothing negative to say... I would not be surprised to get a call at anytime saying here is your 800 numbers...go …Still hearing the dinar street rate will be about $3.91 with our contract rate a few dollars higher in the US. [post 1 of 2....stay tuned]
9-25-2019 Intel Guru Frank26 ...the CBI laid out step-by-step-by-step of what they were going to do with monetary reform...they called them phases. There's three phases they said. Phase II according to our firefly came to an end Saturday. Phase III is about to commence...We are in the 4th week of September that's phase III. What happened yesterday started Phase III pretty much. Yesterday the CBI told the citizens, 'look, we plastered out everywhere - you need to be ready...'
9-25-2019 Newshound/Intel Guru Mnt Goat ...these older 3 zero notes will “coincide” with the new smaller category notes. They will NOT be worthless even at a change to the program rate. Heck, even now they are not worthless. This is a bonified currency. As investors this first step does not mean much to us but does tell us there is no turning back unless they suddenly have massive inflation as a result of it. They probably won’t. So there will be waiting period to check for the inflation. My CBI contact told me it could be 3 days, 3 weeks or 3 months. Who knows until they do the program rate change. [post 2 of 2]
9-25-2019 Newshound/Intel Guru Mnt Goat Okay so let me go over this stage of the process to delete the zeros once more time... If the CBI program rate is .00083 then after they delete the zeros it will be .83 or 83 cents. They plan to first do this next step prior to the reinstatement. ...The new smaller category note of 25 will equal the same rate as the 25,000 was. So 25 dinar note x .83 = $20.75 in USD. Now after this CBI program rate changes, Iraqi citizens can then take their 25,000 notes to the bank and turn them in. They will be worth 25,000 x .83 = $20,750.00 in USD. [post 1 of 2....stay tuned]
9-24-2019 Newshound Guru Kaperoni [So Parliament can go against the CBI and do that?] no...if the CBI wants to remove the zeros...LOP...they need Parliament approval to do so because it affects the entire country including globally. It is the same thing when you see other laws being passed in Iraq when the government comes forward and says Parliament needs to approve because it's significant, it affects the country a law is required to LOP. But I'm not saying they're going to LOP I'm saying that that is an option but a significant RV is not an option. You can also go look at any other countries including Middle East countries when they remove the zeros from the notes...LOP. They also had to pass a law to do so. [post 2 of 2]
9-24-2019 Newshound Guru Kaperoni If you knew anything about Iraq you would know the CBI is independent. To some degree monetary policy is the responsibility of the CBI. But that being said if there were going to remove the zeros off of the notes it would require Parliament approval ...in other words if they're going to LOP... Parliament would have to approve or pass a law. That is what these articles are talking about otherwise there would be no need if they were going to RV...the CBI simply could do it on its own. [post 1 of 2....stay tuned]
9-24-2019 Intel Guru Frank26 ...by the CBI's note count, what they needed in the market for the redenomination/revaluation...is already in circulation in Iraq's markets. Therefore a freeze of these 250, 500 and 1000 was imposed. The number of these denominations and value are where they need to be for the RD/RV and for the introduction of the new small category notes...In other words...we are ready to launch this sucker!
9-24-2019 Intel Guru MarkZ [via PDK] I got an update from Isaac...in Zurich...tomorrow should be the day... I also have 2 other Europe contacts that expect full blown funding tomorrow morning. My contact who works on power plants and infrastructure in Iraq says no new rate as of yet...I am hearing ...that we should be moving by tomorrow...I heard that Dinar was in the $3.90 to $4 range street rate with the contract rate being a couple dollars higher possibly...for the Dong I am still hearing from .47 to $2.25...
9-24-2019 Newshound Guru Adam Montana Article: "China Energy Corporation: ready to rebuild infrastructure in Iraq " China. Iraqi infrastructure. This is getting hotter by the minute.
9-24-2019 Newshound Guru Vital Brad ...the XE converter that I check in all my videos. I did the exact same process and they've changed their format...in a process that appears it's getting ready so that you can actually exchange and use the Iraq currency like the other currencies on their site...It's got mid-market rates. Live rate. 1 USD = 1191. There's a transfer fee. But then right now it says, "Unfortunately we are not able to provide online money transfers from USD to IQD at this time." I've never see that before. That's an exciting change...
9-24-2019 Newshound Guru Jeff ...I'm no longer looking at September. I'm looking ahead past September...yesterday an article came out saying that they're gonna replace current smaller categories in circulation. The 250s, the 500s, the 1000 denoms...has nothing to do with the rate change...the ones currently in circulation are getting worn out...If Iraq had intentions or planned to change the rate during the year 2019 do you still think they would be replacing the notes...? From my own opinion that could suggest to me that they might not have intentions of changing the rate during the year of 2019. That might suggest they have intentions of doing it during the year 2020...I'm gonna bring you everything...this isn't good or bad. This is the reality with this investment...we have to set our emotions aside in this...if we can't set our emotions aside we probably shouldn't be in this.
9-24-2019 Intel Guru Frank26 ...IMO In this phase, since the education phase 2 is over, this phase is now to send to these banks the new small category notes. To teach them about these new small category notes. Ain't no body seen them...I think this is in process right now or it's been complete or it's about to start and I believe once that's done (it's only a one day class) that information is going to trickle down from the CBI to the bank echelon, to bank management, to tellers, and to the citizens...
9-24-2019 Intel Guru MarkZ [Do we need to have an announcement of the Gold standard before we see the reset?] I would expect an RV/reset first then an announcement on the Gold Standard/asset backed currency a couple of days later...imo.
9-24-2019 Intel/Newshound Guru sandyf ...There is a lot of confusion over co-existence. Initially dual pricing will come into effect where both currencies are accepted in retail outlets. This will only happen for so long, possibly about a year. thereafter the old currency can only be exchanged at designated banks, that is where the 10 years would come in. Internationally it is a different ball game all together. A country can only have one national currency and international banks will only exchange the national currency. The day a redenomination takes place the IQD will no longer be the national currency. As I have said before as far as redenomination goes, Iraq faces an extremely complex problem with regards to the amount of currency outside the country, something that no other country that has redenominated has had to deal with.
9-24-2019 Newshound Guru Kaperoni If you knew anything about Iraq you would know the CBI is independent. To some degree monetary policy is the responsibility of the CBI. But that being said if there were going to remove the zeros off of the notes it would require Parliament approval ...in other words if they're going to LOP... Parliament would have to approve or pass a law. That is what these articles are talking about otherwise there would be no need if they were going to RV...the CBI simply could do it on its own. [post 1 of 2....stay tuned]
9-24-2019 Intel Guru Frank26 ...by the CBI's note count, what they needed in the market for the redenomination/revaluation...is already in circulation in Iraq's markets. Therefore a freeze of these 250, 500 and 1000 was imposed. The number of these denominations and value are where they need to be for the RD/RV and for the introduction of the new small category notes...In other words...we are ready to launch this sucker!
9-24-2019 Intel Guru MarkZ [via PDK] I got an update from Isaac...in Zurich...tomorrow should be the day... I also have 2 other Europe contacts that expect full blown funding tomorrow morning. My contact who works on power plants and infrastructure in Iraq says no new rate as of yet...I am hearing ...that we should be moving by tomorrow...I heard that Dinar was in the $3.90 to $4 range street rate with the contract rate being a couple dollars higher possibly...for the Dong I am still hearing from .47 to $2.25...
9-24-2019 Newshound Guru Adam Montana Article: "China Energy Corporation: ready to rebuild infrastructure in Iraq " China. Iraqi infrastructure. This is getting hotter by the minute.
9-24-2019 Newshound Guru Vital Brad ...the XE converter that I check in all my videos. I did the exact same process and they've changed their format...in a process that appears it's getting ready so that you can actually exchange and use the Iraq currency like the other currencies on their site...It's got mid-market rates. Live rate. 1 USD = 1191. There's a transfer fee. But then right now it says, "Unfortunately we are not able to provide online money transfers from USD to IQD at this time." I've never see that before. That's an exciting change...
9-24-2019 Newshound Guru Jeff ...I'm no longer looking at September. I'm looking ahead past September...yesterday an article came out saying that they're gonna replace current smaller categories in circulation. The 250s, the 500s, the 1000 denoms...has nothing to do with the rate change...the ones currently in circulation are getting worn out...If Iraq had intentions or planned to change the rate during the year 2019 do you still think they would be replacing the notes...? From my own opinion that could suggest to me that they might not have intentions of changing the rate during the year of 2019. That might suggest they have intentions of doing it during the year 2020...I'm gonna bring you everything...this isn't good or bad. This is the reality with this investment...we have to set our emotions aside in this...if we can't set our emotions aside we probably shouldn't be in this.
9-24-2019 Intel Guru Frank26 ...IMO In this phase, since the education phase 2 is over, this phase is now to send to these banks the new small category notes. To teach them about these new small category notes. Ain't no body seen them...I think this is in process right now or it's been complete or it's about to start and I believe once that's done (it's only a one day class) that information is going to trickle down from the CBI to the bank echelon, to bank management, to tellers, and to the citizens...
9-24-2019 Intel Guru MarkZ [Do we need to have an announcement of the Gold standard before we see the reset?] I would expect an RV/reset first then an announcement on the Gold Standard/asset backed currency a couple of days later...imo.
9-24-2019 Intel/Newshound Guru sandyf ...There is a lot of confusion over co-existence. Initially dual pricing will come into effect where both currencies are accepted in retail outlets. This will only happen for so long, possibly about a year. thereafter the old currency can only be exchanged at designated banks, that is where the 10 years would come in. Internationally it is a different ball game all together. A country can only have one national currency and international banks will only exchange the national currency. The day a redenomination takes place the IQD will no longer be the national currency. As I have said before as far as redenomination goes, Iraq faces an extremely complex problem with regards to the amount of currency outside the country, something that no other country that has redenominated has had to deal with.
9-23-2019 Newshound Guru Adam Montana ...I have seen a major opportunity in the value of the Iraqi Dinar for a long time. Many of you do as well. As a community we have weathered a lot of delays, but that doesn’t take away from the potential. The Dinar is going to raise in value. It’s simply a matter of “when” and “how much”.
9-23-2019 Intel Guru Frank26 ...What Iraq is doing is introducing a new small category note to replace the old three zero notes because those three zero notes are going to become as extinct as a brontosaurus. They'll eventually fade away...you can not use the three zero notes with the new rate that they're going to introduce...
9-23-2019 Intel Guru BobTheTaxMan ...people ask me all the time what is the best way to be able to deal with this event [the dinar rv] in the very near future?...The primary thing I want everyone to understand is the taxation on this particular currency...falls under specific regulations that is separate from ordinary investment returns...this particular currency is being handled and looked at as a non-compliant exotic situation. Therefore it doesn't get to have the tributes that are required to have to make it a long term capital gain. So anyone who is still caught up in that particular idea that this is going to be treated this way needs to understand it's not... [NOTE: Speak to your tax professional at the appropriate time!]
9-23-2019 Intel Guru MarkZ As of yesterday there was no new value in Iraq yet. No update from Isaac is Zurich for over a week…I really hope he was paid and is under a NDA. My contacts at the redemption centers did not work last weekend. There is a rumor that new 800 numbers went to key people over the weekend but I did not get one…so have no idea. I hear US Marshalls will ring the closing bell today at the NYSE...Melania ringing the opening bell and US Marshalls ringing the closing bell could be a sign……let’s hope it is...
9-23-2019 Newshound Guru Adam Montana Iraq is meeting with China this week, and China may be stepping in to develop some infrastructure in Iraq...Seriously - China building roads or other essential things in Iraq...it's just the tip of the iceberg. It's a tiny piece of the complex picture that makes it possible for Iraq to increase the value of their currency...This China thing could be a MAJOR jump ahead for Iraq if it’s done right. ...China isn’t new to this game. Neither is Iraq...Iraq also has a neat position in the world, and I think we all know what that is. And now I hope you can understand how they could easily use China to help them focus on their true assets, and make some major moves forward...This could all be happening in the next week or so. It’s going to happen quickly when it does...
9-23-2019 Newshound Guru Jeff ...Iraq just shifted gears on you...they have to have a permanent completed formed government without proxy positions...the Education Minister has to be voted in and then as of this morning the news is telling you that "temporary" does not mean "stability". They have to get rid of the temporary proxy positions during the month of October...basically they're telling you they have a drop dead date of October 24th...this throws a curve-ball into things...
9-23-2019 Intel Guru Frank26 ...What Iraq is doing is introducing a new small category note to replace the old three zero notes because those three zero notes are going to become as extinct as a brontosaurus. They'll eventually fade away...you can not use the three zero notes with the new rate that they're going to introduce...
9-23-2019 Intel Guru BobTheTaxMan ...people ask me all the time what is the best way to be able to deal with this event [the dinar rv] in the very near future?...The primary thing I want everyone to understand is the taxation on this particular currency...falls under specific regulations that is separate from ordinary investment returns...this particular currency is being handled and looked at as a non-compliant exotic situation. Therefore it doesn't get to have the tributes that are required to have to make it a long term capital gain. So anyone who is still caught up in that particular idea that this is going to be treated this way needs to understand it's not... [NOTE: Speak to your tax professional at the appropriate time!]
9-23-2019 Intel Guru MarkZ As of yesterday there was no new value in Iraq yet. No update from Isaac is Zurich for over a week…I really hope he was paid and is under a NDA. My contacts at the redemption centers did not work last weekend. There is a rumor that new 800 numbers went to key people over the weekend but I did not get one…so have no idea. I hear US Marshalls will ring the closing bell today at the NYSE...Melania ringing the opening bell and US Marshalls ringing the closing bell could be a sign……let’s hope it is...
9-23-2019 Newshound Guru Adam Montana Iraq is meeting with China this week, and China may be stepping in to develop some infrastructure in Iraq...Seriously - China building roads or other essential things in Iraq...it's just the tip of the iceberg. It's a tiny piece of the complex picture that makes it possible for Iraq to increase the value of their currency...This China thing could be a MAJOR jump ahead for Iraq if it’s done right. ...China isn’t new to this game. Neither is Iraq...Iraq also has a neat position in the world, and I think we all know what that is. And now I hope you can understand how they could easily use China to help them focus on their true assets, and make some major moves forward...This could all be happening in the next week or so. It’s going to happen quickly when it does...
9-23-2019 Newshound Guru Jeff ...Iraq just shifted gears on you...they have to have a permanent completed formed government without proxy positions...the Education Minister has to be voted in and then as of this morning the news is telling you that "temporary" does not mean "stability". They have to get rid of the temporary proxy positions during the month of October...basically they're telling you they have a drop dead date of October 24th...this throws a curve-ball into things...
9-22-2019 Intel Guru RayRen98 Even though it's Sunday and MOST banks are closed up tight today...Some exchangers did report to their respective exchange center locations and have been working "on location" for seven straight days now, hmmmmmm? A bank in Virginia was reported having a full parking lot and armed security officers escorting people to their cars as they exited the bank. Say What?
9-22-2019 Intel/Newshound Guru sandyf "Five Trillion Dinars in Circulation Now, Tlar Saleh" People really need to understand the difference between currency in circulation and currency circulated. The CBI accounts show an amount in respect of their liability for currency in circulation which includes all currency such as bank deposits and out of the country. The article is referring to circulated currency, do people really think that currency in bank accounts and out of Iraq gets worn out and damaged and in need of replacement. As for the auctions, just part of the circulation mechanism. One of the methods used to convert the USD income revenue into dinar to fund the budget. The 2019 budget was around 130 Trillion dinar, where does the money come from if not from converting USD to dinar.
9-22-2019 Newshound Guru Adam Montana [Will the Dinar come out around .01 cent to.10 cents to the USD, then float from there?] I think I've heard people suggest 10 cents to the dollar...I'll dig around and see if I can find a source...
9-22-2019 Newshound/Intel Guru Mnt Goat Article: "MOHAMMED SALEH: THE DEFICITS IN THE BUDGET HYPOTHETICAL, AND THAT THE FINANCIAL SITUATION OF IRAQ IS REASSURING AND DOES NOT THREATEN FINANCIAL SUSTAINABILITY" Quote: "the reserve of the central bank along with the reserve of the government amounted to 87 billion dollars, and this is very positive gives a great resilience to the state in the most difficult circumstances." So the TRUTH will set you FREE. No real deficit and plenty of money to re-mint the needed coins. But we know from 2012 there are already plenty of coins to launch to begin the process anyhow. How was DR shabibi going to do this in September of 2012 anyhow if there was no coins already minted? ...Remember there is opposition to changing the currency and some are happy with the current level of corruption. Why? Because they are in on the take.
9-22-2019 Newshound Guru Kaperoni ...The CBI publishes a quarterly report showing how much dinar, the IMF publishes a yearly report. And several news articles over the years have come out and told as well how much dinar is in circulation. All three of those add up to a pretty factual statement that 42 + trillion exists. And again nobody has proven once that that amount is wrong. Even if the 42 + trillion was wrong and it was say 10 trillion it's still too much money for Iraq to ever significantly RV. No country can support 1 trillion in currency let alone 42. ...they'll never significantly RV it's not possible...they could Lop or do what the IMF proposed which is float and in my opinion is the most likely due to the fact that they are working behind the scenes to create a market economy to create the conditions for a float.
9-22-2019 Intel/Newshound Guru sandyf "Five Trillion Dinars in Circulation Now, Tlar Saleh" People really need to understand the difference between currency in circulation and currency circulated. The CBI accounts show an amount in respect of their liability for currency in circulation which includes all currency such as bank deposits and out of the country. The article is referring to circulated currency, do people really think that currency in bank accounts and out of Iraq gets worn out and damaged and in need of replacement. As for the auctions, just part of the circulation mechanism. One of the methods used to convert the USD income revenue into dinar to fund the budget. The 2019 budget was around 130 Trillion dinar, where does the money come from if not from converting USD to dinar.
9-22-2019 Newshound Guru Adam Montana [Will the Dinar come out around .01 cent to.10 cents to the USD, then float from there?] I think I've heard people suggest 10 cents to the dollar...I'll dig around and see if I can find a source...
9-22-2019 Newshound/Intel Guru Mnt Goat Article: "MOHAMMED SALEH: THE DEFICITS IN THE BUDGET HYPOTHETICAL, AND THAT THE FINANCIAL SITUATION OF IRAQ IS REASSURING AND DOES NOT THREATEN FINANCIAL SUSTAINABILITY" Quote: "the reserve of the central bank along with the reserve of the government amounted to 87 billion dollars, and this is very positive gives a great resilience to the state in the most difficult circumstances." So the TRUTH will set you FREE. No real deficit and plenty of money to re-mint the needed coins. But we know from 2012 there are already plenty of coins to launch to begin the process anyhow. How was DR shabibi going to do this in September of 2012 anyhow if there was no coins already minted? ...Remember there is opposition to changing the currency and some are happy with the current level of corruption. Why? Because they are in on the take.
9-22-2019 Newshound Guru Kaperoni ...The CBI publishes a quarterly report showing how much dinar, the IMF publishes a yearly report. And several news articles over the years have come out and told as well how much dinar is in circulation. All three of those add up to a pretty factual statement that 42 + trillion exists. And again nobody has proven once that that amount is wrong. Even if the 42 + trillion was wrong and it was say 10 trillion it's still too much money for Iraq to ever significantly RV. No country can support 1 trillion in currency let alone 42. ...they'll never significantly RV it's not possible...they could Lop or do what the IMF proposed which is float and in my opinion is the most likely due to the fact that they are working behind the scenes to create a market economy to create the conditions for a float.
9-21-2019 Newshound Guru Whitelions the news coming out is Fantastic we all should be very excited...
9-21-2019 Newshound/Intel Guru Mnt Goat ...I am reassuring everyone now that the step following this one is to reinstate the IQD and NOT to move the program rate to the exchanges such as FOREX but rather to re-peg the IQD to an SDR basket. This and only this, is what is going to force the rate to change from the program rate they have today...If all goes according to their target dates this could occur any day now. We are already in mid-September. But remember this is not the reinstatement and we can not yet go to the bank to exchange. This is solely going to happen inside Iraq...They are also not going to post anything in the Gazette when the reinstatement happens. It will appear in the news channels as this is the place for this kind of news. The Official Iraqi Gazatte is NOT a news source. [post 2 of 2]
9-21-2019 Newshound/Intel Guru Mnt Goat ...I have said over and over again that the next step is to issue the smaller of the small category notes and coins (250,500 and 1000 already issued) and then to change the program rate by deleting the zeros. For instance, a program rate of .00083 will become .83 or 83 cents. It will still remain pegged at the de-facto peg solely to the US dollar at this point, as it is today. ...Is this changing the rate? Yes... The goal of the CBI is to monitor the inflation rate after they make this next move. This could be 3 days, 3 weeks or 3 months. My take is it will be about a week... [post 1 of 2....stay tuned]
9-21-2019 Newshound Guru Jeff ...if you look at what Iraq has started going through September and then what they have slated for October...just based on facts using common sense...reaching the end of September is kind of an ending period and starting at the beginning of October is more of a new beginning period because look at 10-1, they have that new NASDAQ software coming online. They have a brand new CBI governor coming on board...10-1 is more of a new starting period versus September...
9-21-2019 Newshound Guru Kaperoni Quote: ..."staff encouraged the authorities to consider creating the conditions which would make possible a move to a more flexible exchange rate policy. Such flexibility could allow a predictable and gradual appreciation of the nominal exchange rate, triggered by strong oil revenues and the Balassa-Samuelson effect," ...The IMF is asking the CBI to create the conditions to float the currency to allow it to appreciate based on the Balassa -Samuelson effect... [Post 2 of 2]
9-21-2019 Newshound Guru Kaperoni If they launch the market economy as they have been aggressively trying to move towards and have presented it to be included in the budget of 2020, then I see no reason for a LOP...at that point I would see the CBI...moving to a float to allow the currency to appreciate to offset inflationary pressure created by that influx of capital...Remember the number one job of the CBI is to maintain monetary policy and reduce inflation...The IMF is specifically referencing the Balassa -Samuelson effect as the outcome for the dinar. That is a fact... [Post 1 of 2]
9-21-2019 Newshound/Intel Guru Mnt Goat ...I am reassuring everyone now that the step following this one is to reinstate the IQD and NOT to move the program rate to the exchanges such as FOREX but rather to re-peg the IQD to an SDR basket. This and only this, is what is going to force the rate to change from the program rate they have today...If all goes according to their target dates this could occur any day now. We are already in mid-September. But remember this is not the reinstatement and we can not yet go to the bank to exchange. This is solely going to happen inside Iraq...They are also not going to post anything in the Gazette when the reinstatement happens. It will appear in the news channels as this is the place for this kind of news. The Official Iraqi Gazatte is NOT a news source. [post 2 of 2]
9-21-2019 Newshound/Intel Guru Mnt Goat ...I have said over and over again that the next step is to issue the smaller of the small category notes and coins (250,500 and 1000 already issued) and then to change the program rate by deleting the zeros. For instance, a program rate of .00083 will become .83 or 83 cents. It will still remain pegged at the de-facto peg solely to the US dollar at this point, as it is today. ...Is this changing the rate? Yes... The goal of the CBI is to monitor the inflation rate after they make this next move. This could be 3 days, 3 weeks or 3 months. My take is it will be about a week... [post 1 of 2....stay tuned]
9-21-2019 Newshound Guru Jeff ...if you look at what Iraq has started going through September and then what they have slated for October...just based on facts using common sense...reaching the end of September is kind of an ending period and starting at the beginning of October is more of a new beginning period because look at 10-1, they have that new NASDAQ software coming online. They have a brand new CBI governor coming on board...10-1 is more of a new starting period versus September...
9-21-2019 Newshound Guru Kaperoni Quote: ..."staff encouraged the authorities to consider creating the conditions which would make possible a move to a more flexible exchange rate policy. Such flexibility could allow a predictable and gradual appreciation of the nominal exchange rate, triggered by strong oil revenues and the Balassa-Samuelson effect," ...The IMF is asking the CBI to create the conditions to float the currency to allow it to appreciate based on the Balassa -Samuelson effect... [Post 2 of 2]
9-21-2019 Newshound Guru Kaperoni If they launch the market economy as they have been aggressively trying to move towards and have presented it to be included in the budget of 2020, then I see no reason for a LOP...at that point I would see the CBI...moving to a float to allow the currency to appreciate to offset inflationary pressure created by that influx of capital...Remember the number one job of the CBI is to maintain monetary policy and reduce inflation...The IMF is specifically referencing the Balassa -Samuelson effect as the outcome for the dinar. That is a fact... [Post 1 of 2]
9-20-2019 Newshound Guru MiliiaMan Article: "Trump imposes sanctions on Iran's central bank and reveals another package" I hope everyone realizes just what this means. Trump has neutered the Iranian National Bank. How? Well, Iran is one of Iraq's largest trading partners and has massive amounts of Dinar. They clearly will have a hard time making any money off the re in statement of Iraq IQD with sanctions on!! The timing of this is massive imo...
9-20-2019 Newshound Guru larrykn If they get rid of the auctions with all the money they make on it, what are they going to replace it with when they stop the auctions and having a rate that starts at where it is now and has to take at least a year to get to a rate that they can compete with the world as per Kap [Guru Kaperoni]. ...I'm not sure how that will work out...to me they need a rate that they can compete with the world other wise the system will just not work...not when companies come in to do business with them.
9-20-2019 Guest Guru Mike Cottrell [via PDK] [Many people are asking about the 275 billion the Fed has sunk into the overnight lending markets this week...What are your thoughts on this?] Basically the banks are not liquid and My thoughts are they anticipating this revaluation…this reset is about to happen...I see this as the banks have no cash that they need to pay out for the exchanges. So they hit the Fed up for cash to pay us…to pay out so it’s not on their balance sheets…it’s on the Fed’s. They have been hitting the Fed for the last 3 days and I feel they will hit them up for more so they can pay out all the SKR’s and contract needs. It’s another way to force the issue.
9-20-2019 Intel Guru MarkZ [via PDK] Today is one of those days that we will be watching closely. Reno is still really quiet...rumors that 800 numbers could come out today through tomorrow.
9-20-2019 Newshound Guru Jeff ...Based on news we could not be at a better point in this investment. We are in the best position we've ever been in. Iraq is at the end of the road right now. Based on their own news they have reached the end of their road. Either they have to release news telling us that they're going to start something new or they're at a point where they just have to finish the formation of the government so they're no longer boxed in that corner and they can advance to their new beginning which is the rate change. We look amazing. We have to see this play out. The current period that we're in right now is the best news we've every had throughout the history of this investment. It does not get any better than this. Next week is going to be red hot...
9-20-2019 Newshound Guru Kaperoni Anything is possible in Iraq. But considering the IMF is the trustee over the CBI it is unlikely a LOP would be something the IMF would approve of. I would only see that occurring if the economic conditions failed for the development of the market economy and left no other option...If they launch the market economy as they have been aggressively trying to move towards and have presented it to be included in the budget of 2020, then I see no reason for a LOP...
9-20-2019 Newshound Guru Adam Montana There are some rumblingsssss right now! This recent development with China may be “more than meets the eye”, and I’m hearing some encouraging things about the oil law...I don’t want to get too giddy right now, but we might have a heck of a week coming up.
9-20-2019 Newshound Guru larrykn If they get rid of the auctions with all the money they make on it, what are they going to replace it with when they stop the auctions and having a rate that starts at where it is now and has to take at least a year to get to a rate that they can compete with the world as per Kap [Guru Kaperoni]. ...I'm not sure how that will work out...to me they need a rate that they can compete with the world other wise the system will just not work...not when companies come in to do business with them.
9-20-2019 Guest Guru Mike Cottrell [via PDK] [Many people are asking about the 275 billion the Fed has sunk into the overnight lending markets this week...What are your thoughts on this?] Basically the banks are not liquid and My thoughts are they anticipating this revaluation…this reset is about to happen...I see this as the banks have no cash that they need to pay out for the exchanges. So they hit the Fed up for cash to pay us…to pay out so it’s not on their balance sheets…it’s on the Fed’s. They have been hitting the Fed for the last 3 days and I feel they will hit them up for more so they can pay out all the SKR’s and contract needs. It’s another way to force the issue.
9-20-2019 Intel Guru MarkZ [via PDK] Today is one of those days that we will be watching closely. Reno is still really quiet...rumors that 800 numbers could come out today through tomorrow.
9-20-2019 Newshound Guru Jeff ...Based on news we could not be at a better point in this investment. We are in the best position we've ever been in. Iraq is at the end of the road right now. Based on their own news they have reached the end of their road. Either they have to release news telling us that they're going to start something new or they're at a point where they just have to finish the formation of the government so they're no longer boxed in that corner and they can advance to their new beginning which is the rate change. We look amazing. We have to see this play out. The current period that we're in right now is the best news we've every had throughout the history of this investment. It does not get any better than this. Next week is going to be red hot...
9-20-2019 Newshound Guru Kaperoni Anything is possible in Iraq. But considering the IMF is the trustee over the CBI it is unlikely a LOP would be something the IMF would approve of. I would only see that occurring if the economic conditions failed for the development of the market economy and left no other option...If they launch the market economy as they have been aggressively trying to move towards and have presented it to be included in the budget of 2020, then I see no reason for a LOP...
9-20-2019 Newshound Guru Adam Montana There are some rumblingsssss right now! This recent development with China may be “more than meets the eye”, and I’m hearing some encouraging things about the oil law...I don’t want to get too giddy right now, but we might have a heck of a week coming up.
9-19-2019 Intel Guru Frank26 ...now it [The Iraqi dinar] is being primed and it looks like the CBI is telling us they're ready to introduce new smaller category notes and fils which can only be done if they lift the three zeros from their exchange rate. They've done a pretty good job of lifting the three zeros from the street. Those are the two areas they are being lifted...they just said a few days ago, 'we have so much to back up our currency that it's way beyond International standards.'...that's really good.
9-19-2019 Newshound Guru Kaperoni ...There is no reinstatement of the dinar until the CBI writes the letter and the IMF accepts the letter for Article VIII. It's no secret when that happens we will all know. Even if it happens that has nothing to do with the exchange rate.
9-19-2019 Newshound Guru Breitling ...Iraq and these countries do not put out their money supply. They do not tell people exactly what their money supply is. But they did a couple of years ago by mistake. They said they were at 4 billion notes...according to this guru there's...80 Trillion dinar out there which is equal to 80 billion dollars or something like that...that's not true...they're reading a report that tells everybody what their country is worth. It's NOT their money supply. Here's the difference. What's your house worth? What's your car worth? What's your property worth? That's one report. Another report would be how much do you have in your pocket? How much Cash do you have? That's what I'm talking about. For some reason people aren't getting this...when I got into this investment they had about 12 billion notes...
9-19-2019 Newshound Guru Kaperoni [via Zig] ...there have been many discussions about a float over the years from the CBI, and economic experts in Iraq. Many of them positive...A year or so ago when somebody asked the CBI about floating the currency their response was that they weren't going to float AT THIS TIME and it was taken out of context as if they were saying no float ever...the truth is they were not ready to float at that time and proper translation of the article was necessary because all countries float eventually especially Emerging Markets. And there have been many examples of countries moving from fixed to float over the last few years. Even several in the Middle East"...
9-19-2019 Newshound Guru Jeff ...they've purposely delayed the formation of the government because it's literally the linchpin. It's the last thing we're going to see right before the rate change...the reason why the rate change will not occur this week is...Iraq has to achieve stability before the powers-that-be will allow Iraq to change the rate. This week they're having massive meetings between Kurdistan and Baghdad. They have to reach agreements on every level to achieve stability...I personally feel Mahdi has to be in country when the rate changes...this is a once-in-a-lifetime historic event. When it happens logic tells me Mahdi would want to be inside the country when the rate does change...he wants to be part of this historic event...Mahdi is gonna be in china on Thursday to Sunday...I still have the remainder of September on my radar. I still have my eyes on next week...
9-19-2019 Intel Guru MarkZ [via PDK] Reno is being very quiet… Isaac (in Zurich) has not updated us since last week...I really hope that means he is under a NDA. [...are they simply kicking the can down the road again into next week?] I really do not think they are kicking the can…I think its rolling out...not as quickly as we want...but I believe its logistics at this point. My contacts on the ground say no new rate as of yet…I am told the Iraqi PM is in China signing the final RV paperwork, trade issues, and treasury rates...and it will release when he gets back home which should be overnight tonight to Sat. Morning. [THERE WAS A BANK THAT IN TEXAS THAT EXCHANGED THE DINAR AT $3.91 ON TUESDAY] They appeared to have jumped the gun...but if banks are doing currency swaps...you know they believe we are really close...
9-19-2019 Newshound Guru Kaperoni ...They will never introduce any smaller categories until the currency has begun to appreciate to a point where they would be needed and it would be seamless without fanfare.
9-19-2019 Newshound Guru Adam Montana ...China has the ability to dump loads of money into Iraq's infrastructure, taking significant weight off of the Iraqis in that regard, which would free up Iraq's resources (time/people/government/etc) to focus on their actual bread and butter. China won't be doing this for free... in fact, I can foresee Iraq becoming so indebted to China over this that they are forced to raise the value of their currency just to cover the debt that they will willingly incur from China in order to fast-track their future. Iraq then officially enters the currency manipulation game, just to keep up with China, and that just tickles me pink! Who wins if this happens? Everyone. China wins. Iraq wins. We win. This is a clear path to Iraq becoming even stronger, with a stronger currency, and the rest is sort of irrelevant. Pretty neat stuff.
9-19-2019 Newshound Guru Kaperoni ...There is no reinstatement of the dinar until the CBI writes the letter and the IMF accepts the letter for Article VIII. It's no secret when that happens we will all know. Even if it happens that has nothing to do with the exchange rate.
9-19-2019 Newshound Guru Breitling ...Iraq and these countries do not put out their money supply. They do not tell people exactly what their money supply is. But they did a couple of years ago by mistake. They said they were at 4 billion notes...according to this guru there's...80 Trillion dinar out there which is equal to 80 billion dollars or something like that...that's not true...they're reading a report that tells everybody what their country is worth. It's NOT their money supply. Here's the difference. What's your house worth? What's your car worth? What's your property worth? That's one report. Another report would be how much do you have in your pocket? How much Cash do you have? That's what I'm talking about. For some reason people aren't getting this...when I got into this investment they had about 12 billion notes...
9-19-2019 Newshound Guru Kaperoni [via Zig] ...there have been many discussions about a float over the years from the CBI, and economic experts in Iraq. Many of them positive...A year or so ago when somebody asked the CBI about floating the currency their response was that they weren't going to float AT THIS TIME and it was taken out of context as if they were saying no float ever...the truth is they were not ready to float at that time and proper translation of the article was necessary because all countries float eventually especially Emerging Markets. And there have been many examples of countries moving from fixed to float over the last few years. Even several in the Middle East"...
9-19-2019 Newshound Guru Jeff ...they've purposely delayed the formation of the government because it's literally the linchpin. It's the last thing we're going to see right before the rate change...the reason why the rate change will not occur this week is...Iraq has to achieve stability before the powers-that-be will allow Iraq to change the rate. This week they're having massive meetings between Kurdistan and Baghdad. They have to reach agreements on every level to achieve stability...I personally feel Mahdi has to be in country when the rate changes...this is a once-in-a-lifetime historic event. When it happens logic tells me Mahdi would want to be inside the country when the rate does change...he wants to be part of this historic event...Mahdi is gonna be in china on Thursday to Sunday...I still have the remainder of September on my radar. I still have my eyes on next week...
9-19-2019 Intel Guru MarkZ [via PDK] Reno is being very quiet… Isaac (in Zurich) has not updated us since last week...I really hope that means he is under a NDA. [...are they simply kicking the can down the road again into next week?] I really do not think they are kicking the can…I think its rolling out...not as quickly as we want...but I believe its logistics at this point. My contacts on the ground say no new rate as of yet…I am told the Iraqi PM is in China signing the final RV paperwork, trade issues, and treasury rates...and it will release when he gets back home which should be overnight tonight to Sat. Morning. [THERE WAS A BANK THAT IN TEXAS THAT EXCHANGED THE DINAR AT $3.91 ON TUESDAY] They appeared to have jumped the gun...but if banks are doing currency swaps...you know they believe we are really close...
9-19-2019 Newshound Guru Kaperoni ...They will never introduce any smaller categories until the currency has begun to appreciate to a point where they would be needed and it would be seamless without fanfare.
9-19-2019 Newshound Guru Adam Montana ...China has the ability to dump loads of money into Iraq's infrastructure, taking significant weight off of the Iraqis in that regard, which would free up Iraq's resources (time/people/government/etc) to focus on their actual bread and butter. China won't be doing this for free... in fact, I can foresee Iraq becoming so indebted to China over this that they are forced to raise the value of their currency just to cover the debt that they will willingly incur from China in order to fast-track their future. Iraq then officially enters the currency manipulation game, just to keep up with China, and that just tickles me pink! Who wins if this happens? Everyone. China wins. Iraq wins. We win. This is a clear path to Iraq becoming even stronger, with a stronger currency, and the rest is sort of irrelevant. Pretty neat stuff.
9-18-2019 Newshound Guru Jeff ...let's set our emotions aside for a second...they've been setting the stage for this...keep in mind there is no "Dinar For Dummies" manual. We don't have a book or guide that tells us every step Iraq has to do before the rate can change...So we have to look at what they do and what they say. Look at their actions to piece things together and then you have to make some opinion with that...their actions suggest there's not much more they can do before they change the rate...Iraq has to achieve stability before the power that be will elect Iraq to change the rate...the news articles are strongly suggesting and telling us that they're in forward progress to reach stability...the news looks very good...
9-18-2019 Intel Guru MarkZ [via PDK] I checked in with my WF connection for the WF private group...they are expecting emails out and you can also go to the bank website to check the 800 numbers if you are worried...hearing they are setting up a special page just for that. This way you all know the 800 numbers are legitimate and you are not being bamboozled...
9-18-2019 Newshound Guru Adam Montana Quick note about the drone attacks on the Saudis - OIL is a pivotal issue in the Iraqi Dinar rate. It's no surprise that the recent events caused a flurry of commotion in the Dinar world. Oil speculation went wild for a couple minutes (ok, days), but currently stabilized at $59...
9-18-2019 Newshound Guru chattels Article: "Parliament votes on a law and ends the reading and discussion of three bills..." Again, no parliamentary action on any important law(s), IMO. Quote: "...held under the chairmanship of Mohammed Halbousi and the presence of 175 deputies,..." Attendance is low. Little more than minimum quorum requirement. Parliament will adjourn until next Saturday...
9-18-2019 Newshound Guru Jeff ...After looking at all the news...looking at everything that's going on, I'm of the opinion that the rate change will not occur this week. But we look like we're still in a very good position...the thing is right now they're too quiet. They're not giving us any clues to what's going on...they could end this next week but it could roll into October...the signs and variables show that we are still very close...
9-18-2019 Intel Guru MarkZ [via PDK] I am feeling really good about where we are! I am hearing fantastic things from Europe...3 contacts there say they are expecting funding today and no later early tomorrow morning. ...I heard a rumor that today is the day and that yesterday was procedural...trying to verify this. ...No new rate in Iraq as of last night. ...I am still hearing they want everything done before the end of the month.
9-18-2019 Newshound Guru Vital Brad ...The CBI put out an article "The Central Bank holds a workshop in preparation for the classification of banks operating in Iraq internationally." ...Iraq again talking about being regulated on an international standard. All signs point to go. They would not be doing this if their currency wasn't gonna be reinstated...why would they be getting themselves in this case internationally standard ready if they weren't going international?...the stage is being set for the big show and things are looking better than ever. I've never seen things line up this well...
9-18-2019 Newshound Guru Breitling [When I got into the dinar]...they were not talking about getting it to a $1...But as the country developed...they were like, no, we're going to get it to $3.25. And even with the markets changing, Do I think they can get it to $3.25? If they can get into the markets in the west, yes, they can get it too $3.25. I don't see what would be able to stop them...will they? I don't know. But once they do start adding value to their currency remember they said they were going to put a new currency out at the same time that will both coexist equally and one currency would be phased out over a two year process. They will both gain value equally...this is coming from the CBI who have the authority to talk about this and implement that authority...
9-18-2019 Intel Guru MarkZ [via PDK] I checked in with my WF connection for the WF private group...they are expecting emails out and you can also go to the bank website to check the 800 numbers if you are worried...hearing they are setting up a special page just for that. This way you all know the 800 numbers are legitimate and you are not being bamboozled...
9-18-2019 Newshound Guru Adam Montana Quick note about the drone attacks on the Saudis - OIL is a pivotal issue in the Iraqi Dinar rate. It's no surprise that the recent events caused a flurry of commotion in the Dinar world. Oil speculation went wild for a couple minutes (ok, days), but currently stabilized at $59...
9-18-2019 Newshound Guru chattels Article: "Parliament votes on a law and ends the reading and discussion of three bills..." Again, no parliamentary action on any important law(s), IMO. Quote: "...held under the chairmanship of Mohammed Halbousi and the presence of 175 deputies,..." Attendance is low. Little more than minimum quorum requirement. Parliament will adjourn until next Saturday...
9-18-2019 Newshound Guru Jeff ...After looking at all the news...looking at everything that's going on, I'm of the opinion that the rate change will not occur this week. But we look like we're still in a very good position...the thing is right now they're too quiet. They're not giving us any clues to what's going on...they could end this next week but it could roll into October...the signs and variables show that we are still very close...
9-18-2019 Intel Guru MarkZ [via PDK] I am feeling really good about where we are! I am hearing fantastic things from Europe...3 contacts there say they are expecting funding today and no later early tomorrow morning. ...I heard a rumor that today is the day and that yesterday was procedural...trying to verify this. ...No new rate in Iraq as of last night. ...I am still hearing they want everything done before the end of the month.
9-18-2019 Newshound Guru Vital Brad ...The CBI put out an article "The Central Bank holds a workshop in preparation for the classification of banks operating in Iraq internationally." ...Iraq again talking about being regulated on an international standard. All signs point to go. They would not be doing this if their currency wasn't gonna be reinstated...why would they be getting themselves in this case internationally standard ready if they weren't going international?...the stage is being set for the big show and things are looking better than ever. I've never seen things line up this well...
9-18-2019 Newshound Guru Breitling [When I got into the dinar]...they were not talking about getting it to a $1...But as the country developed...they were like, no, we're going to get it to $3.25. And even with the markets changing, Do I think they can get it to $3.25? If they can get into the markets in the west, yes, they can get it too $3.25. I don't see what would be able to stop them...will they? I don't know. But once they do start adding value to their currency remember they said they were going to put a new currency out at the same time that will both coexist equally and one currency would be phased out over a two year process. They will both gain value equally...this is coming from the CBI who have the authority to talk about this and implement that authority...
9-17-2019 Intel Guru RayRen98 BANK PARKING LOTS FULL AND "LIT UP" AT 6 AM? WHUT DA HECK? LOL "SPECIAL" BANK APPOINTMENTS ARE STARTING TO SURFACE... HINT: BE PREPARED TO NEGOTIATE "ANY" RATE THAT IS ON THE SCREEN AT EXCHANGE TIME ...JUS SAYIN'. ... SOME OF YOU MIGHT BE UP LATE...OR ALL NIGHT? I GOTTA FEELIN' - THAT TONIGHT'S GONNA BE A GOOD, GOOD NIGHT!
9-17-2019 Newshound/Intel Guru Mnt Goat ...If everything goes as planned, then they move on to the “reinstatement”. This means reinstating the dinar back on the global currency exchanges and then it can be legally traded...Yes, its been a very long journey...The nice part about this final step is when it does occur this is when we get to go to the bank and exchange and not before. There is no premature exchanges scheduled for us internet investors... [post 2 of 2]
9-17-2019 Newshound/Intel Guru Mnt Goat ...I have to tell you without even a shadow of a doubt that I am 1000 % sure it will NOT happen this week. However, we are still within a very good window of opportunity to get the smaller of the smaller category notes launched and this part of the process underway. This does not mean we will be going to the bank this week. ...So, once they launch the smaller of the small categories, the next part of the process is to CHECK FOR INFLATION and wait to see what happens. I am told this could take 3 days, 3 weeks or even 3 months. The next step depends up the CBI and observing what happens next. [post 1 of 2....stay tuned]
9-17-2019 Intel Guru Frank26 My question is, Will they show the visual aids this week to the citizens? Yes IMO. Will they show them the new low category notes and fils this week? Yes. IMO I believe the seminars [Thursday] will be showing the visual aids...it's possible they may go into next week but I doubt it...
9-17-2019 Intel Guru MarkZ Everything is very quiet and its quiet on purpose…It’s the Treasury applying pressure to keep things this quiet. About the Iran/Saudi Arabia conflict…I am not concerned a bit about this. My personal opinion is that oil prices had been so low that we are seeing a staged event to raise oil prices to back the dinar and its new rate. At redemption centers…they did not work this weekend…but they are working now. Hearing from a couple contacts in Iraq that they are expecting a new rate tomorrow…on the street level...I believe everything is done but the roll out and paying people. And based on indicators I am seeing. I think we are watching the roll out right now…
9-17-2019 Newshound Guru Breitling With Iraq how does it work? They tell everybody what they want to do through Parliament, the Ministry of Planning, then they go to the Ministry of Finance and then they go to the CBI and the CBI manages it. That's how it works...what they said they want to do with the Iraqi currency has never changed. You should be very very happy...
9-17-2019 Newshound Guru chattels Article quote: "The central bank sells more than $ 243 million at a currency auction" The volume in sales of the dollar in Iraq continues to be relatively high. In Parliamentary action yesterday nothing important happened, IMO.
9-17-2019 Newshound/Intel Guru Mnt Goat ...If everything goes as planned, then they move on to the “reinstatement”. This means reinstating the dinar back on the global currency exchanges and then it can be legally traded...Yes, its been a very long journey...The nice part about this final step is when it does occur this is when we get to go to the bank and exchange and not before. There is no premature exchanges scheduled for us internet investors... [post 2 of 2]
9-17-2019 Newshound/Intel Guru Mnt Goat ...I have to tell you without even a shadow of a doubt that I am 1000 % sure it will NOT happen this week. However, we are still within a very good window of opportunity to get the smaller of the smaller category notes launched and this part of the process underway. This does not mean we will be going to the bank this week. ...So, once they launch the smaller of the small categories, the next part of the process is to CHECK FOR INFLATION and wait to see what happens. I am told this could take 3 days, 3 weeks or even 3 months. The next step depends up the CBI and observing what happens next. [post 1 of 2....stay tuned]
9-17-2019 Intel Guru Frank26 My question is, Will they show the visual aids this week to the citizens? Yes IMO. Will they show them the new low category notes and fils this week? Yes. IMO I believe the seminars [Thursday] will be showing the visual aids...it's possible they may go into next week but I doubt it...
9-17-2019 Intel Guru MarkZ Everything is very quiet and its quiet on purpose…It’s the Treasury applying pressure to keep things this quiet. About the Iran/Saudi Arabia conflict…I am not concerned a bit about this. My personal opinion is that oil prices had been so low that we are seeing a staged event to raise oil prices to back the dinar and its new rate. At redemption centers…they did not work this weekend…but they are working now. Hearing from a couple contacts in Iraq that they are expecting a new rate tomorrow…on the street level...I believe everything is done but the roll out and paying people. And based on indicators I am seeing. I think we are watching the roll out right now…
9-17-2019 Newshound Guru Breitling With Iraq how does it work? They tell everybody what they want to do through Parliament, the Ministry of Planning, then they go to the Ministry of Finance and then they go to the CBI and the CBI manages it. That's how it works...what they said they want to do with the Iraqi currency has never changed. You should be very very happy...
9-17-2019 Newshound Guru chattels Article quote: "The central bank sells more than $ 243 million at a currency auction" The volume in sales of the dollar in Iraq continues to be relatively high. In Parliamentary action yesterday nothing important happened, IMO.
9-16-2019 Newshound Guru Breitling Don't worry about what's happening with Saudi Arabia. Do not worry if we go to war with Iran...because we anticipated all this stuff we have a way to lower the price of oil...what's that mean for you and me? Iraq, they're gonna have to add value to their currency. They are not going to be making money selling energy. So you and I are sitting on their currency. Huge opportunity. I'm excited. I'm not kidding. It's a beautiful thing...It's coming down the road. [Post 2 of 2]
9-16-2019 Newshound Guru Breitling ...They [Russia] are putting out a report that it [oil] is probably going to be $26 a barrel in the year 2020...it's going to be low. What does that mean for you and me? It means Iraq is going to add value to their currency. It's not a hypothetical. They know. They have the most undervalued currency. What allows them to do that is the profits they're making selling energy in US dollars. But once that dries up they're not going to be sitting on a domestic currency at a tenth of a penny. It's not gonna happen. They're not China. They're not Vietnam. They don't have a labor force like that... [Post 1 of 2]
9-16-2019 Newshound Guru Adam Montana [...latest indicates with the attack on Saudi oil we may be seeing 100 a barrel soon. Based on what you are seeing and hearing will this move the RV closer or will the concerns for possible attacks on near by Iran and possible Saudi retaliation cause Iraq to pause and take a step back? Look into your crystal ball. LOL.] My crystal ball says anything that will guide oil to higher prices is potentially a good thing for Iraq's future. Obviously there's more to it than that, but the Crystal Ball tends to be a bit vague at times.
9-16-2019 Newshound Guru MilitiaMan Article: "China and the financial sector" Quote: "we must in fact have a banking system capable of managing this process, through the adoption of correspondent banks or the opening of branches of Chinese banks inside Iraq, as can The adoption of bilateral partnerships in the financial sector, the result of which banks are sober leading to the mutual benefit of the economies of the two countries." The above data supports that WS [Guru Walkingstick] is right and apparently on time. We were told about this PBs [Bilateral Partnerships ?] in the USA to be within two weeks back on 09/06/2019. Well two weeks from then is 09/20/2019 imo. Today [Sunday] is the 15th.. lol If they will arrive within five days it sure would seem they would have the international rate exposed prior to that time, imo... the pressure is on now and big time. imo! The most logical time is upon us. imo That is when the markets bare the least disruptions...imo!
9-16-2019 Intel Guru MarkZ I just wanted to touch quickly on the news we heard over the weekend... From many sources...There are a lot of folks flying into Reno last night and this morning in expectation. There is a lot of reports that the military has begun exchanging, however even though I have many contacts in military…and they say they havn’t exchanged yet...so consider it as “rumor”. We are hearing that Iraq is pulling the trigger this week and so we (the US?) are scrambling to be 100% out the door. I am very upbeat for the week.
9-16-2019 Intel Guru RayRen98 HINT: BE PREPARED TO NEGOTIATE "ANY" RATE THAT IS ON THE SCREEN AT EXCHANGE TIME...JUS SAYIN'. WE ARE PURSUING CONFIRMATION OF ALLEGED FINANCIAL CHANGES IN IRAQ...HOPEFULLY LATER THIS EVENING? TODAY "MIGHT NOT" BE "THE DAY" BUT I'M OPTIMISTIC FOR THIS WEEK TO BE "THE WEEK"...TIME WILL TELL
9-16-2019 Newshound Guru Jeff Article [Parliamentary Energy: The Presidency of Parliament addressed the government to send the oil and gas law to vote on it]. ...we are in close proximity to the rate change that is why since mid July the news has been flooded with articles talking about HCL and Article 140...But what I want to stress to you is these are post rate change laws...news has blown up and exploded with articles talking about HCL oil and gas law and Article 140 because Iraq is now positioned for these. We're right in front of the rate change...
9-16-2019 Newshound Guru Breitling ...They [Russia] are putting out a report that it [oil] is probably going to be $26 a barrel in the year 2020...it's going to be low. What does that mean for you and me? It means Iraq is going to add value to their currency. It's not a hypothetical. They know. They have the most undervalued currency. What allows them to do that is the profits they're making selling energy in US dollars. But once that dries up they're not going to be sitting on a domestic currency at a tenth of a penny. It's not gonna happen. They're not China. They're not Vietnam. They don't have a labor force like that... [Post 1 of 2]
9-16-2019 Newshound Guru Adam Montana [...latest indicates with the attack on Saudi oil we may be seeing 100 a barrel soon. Based on what you are seeing and hearing will this move the RV closer or will the concerns for possible attacks on near by Iran and possible Saudi retaliation cause Iraq to pause and take a step back? Look into your crystal ball. LOL.] My crystal ball says anything that will guide oil to higher prices is potentially a good thing for Iraq's future. Obviously there's more to it than that, but the Crystal Ball tends to be a bit vague at times.
9-16-2019 Newshound Guru MilitiaMan Article: "China and the financial sector" Quote: "we must in fact have a banking system capable of managing this process, through the adoption of correspondent banks or the opening of branches of Chinese banks inside Iraq, as can The adoption of bilateral partnerships in the financial sector, the result of which banks are sober leading to the mutual benefit of the economies of the two countries." The above data supports that WS [Guru Walkingstick] is right and apparently on time. We were told about this PBs [Bilateral Partnerships ?] in the USA to be within two weeks back on 09/06/2019. Well two weeks from then is 09/20/2019 imo. Today [Sunday] is the 15th.. lol If they will arrive within five days it sure would seem they would have the international rate exposed prior to that time, imo... the pressure is on now and big time. imo! The most logical time is upon us. imo That is when the markets bare the least disruptions...imo!
9-16-2019 Intel Guru MarkZ I just wanted to touch quickly on the news we heard over the weekend... From many sources...There are a lot of folks flying into Reno last night and this morning in expectation. There is a lot of reports that the military has begun exchanging, however even though I have many contacts in military…and they say they havn’t exchanged yet...so consider it as “rumor”. We are hearing that Iraq is pulling the trigger this week and so we (the US?) are scrambling to be 100% out the door. I am very upbeat for the week.
9-16-2019 Intel Guru RayRen98 HINT: BE PREPARED TO NEGOTIATE "ANY" RATE THAT IS ON THE SCREEN AT EXCHANGE TIME...JUS SAYIN'. WE ARE PURSUING CONFIRMATION OF ALLEGED FINANCIAL CHANGES IN IRAQ...HOPEFULLY LATER THIS EVENING? TODAY "MIGHT NOT" BE "THE DAY" BUT I'M OPTIMISTIC FOR THIS WEEK TO BE "THE WEEK"...TIME WILL TELL
9-16-2019 Newshound Guru Jeff Article [Parliamentary Energy: The Presidency of Parliament addressed the government to send the oil and gas law to vote on it]. ...we are in close proximity to the rate change that is why since mid July the news has been flooded with articles talking about HCL and Article 140...But what I want to stress to you is these are post rate change laws...news has blown up and exploded with articles talking about HCL oil and gas law and Article 140 because Iraq is now positioned for these. We're right in front of the rate change...
9-15-2019 Intel Guru Frank26 NEXT WEEK IRAQ WILL BE SIGNING MAJOR DEALS WITH COUNTRIES ALL OVER THE WORLD...SAMSUNG IS A BIG DEAL... SIGNING DEALS WITH CHINA ON 19TH OF SEPT, DRAMATIC POSITIVE EFFECTS, MAJOR DEALS...CHINA CANT GO IN THERE UNLESS THEY MAKE SOME ANNOUNCEMENTS... NEXT WEEK MORE TRAINING SEMINARS FOR THE PUBLIC/CITIZENS, BANK TELLERS IN IRAQ SAYING THAT... MAYBE THE INFO WE ARE LOOKING FOR...THEY TOLD THEM A FEW WEEKS AGO ABOUT THE COINS - THESE ARE A FOLLOW UP TO THAT.
9-15-2019 Intel/Newshound Guru sandyf We do know that floating the currency would take best part of a generation to produce any significant result. Thai baht, strongest currency of an emerging economy has taken about 15 years to almost double in value. So taking into account what we do know, any significant return can only come from the unknown and not from what people think they know. Time for a more open minded perspective. [post 2 of 2]
9-15-2019 Intel/Newshound Guru sandyf [nobody and I mean NO ONE knows what will happen or how this will be implemented.] Absolutely spot on and nobody is ever going to stop the speculation. What we do know however is what is not going to happen. There is not going to be a huge overnight RV, never been one in the past and not going to happen in the future. That myth was born from confusion between revaluation and redenomination. We do know how a redenomination would be implemented but that cannot happen overnight and is not going to happen any time soon. [post 1 of 2....stay tuned]
9-15-2019 Newshound Guru MilitiaMan Article: "Government source reveals program of Abdul-Mahdi's visit to China" Quote: "The economic and political circles in Baghdad are looking with optimism to the forthcoming visit of Prime Minister Adel Abdul Mahdi to China on September 19 for four days, and it is reported in some economic circles that the visit will lead to the signing of about 30 large memorandums of understanding between Baghdad and Beijing..." Sure looks like this is the opening of the doors.. Firstly before they all go live, Iraq will have an international medium of exchange!! Imo.
9-15-2019 Intel Guru Frank26 IMO I honestly don't think the Democratic Party wants the reinstatement of the Iraqi dinar...I don't know if they're doing anything to stop it cause they can't...I don't think the democrats want Donald Trump to bask in the glory of what's about to happen...They represent the United States of America. I want them to work in unity with the Republicans but the jealously is so vicious and it's so wicked IMO that it's causing this rip. This tear. And based on the things I "think" I know politically we're not being supported for this by the Democrats...
9-15-2019 Newshound Guru Kaperoni ...guru Frank26 likes to refer to a minister of planning document talking about a 1 to $1 exchange rate. But it never said it would get there overnight! And as I've already said on numerous occasions Iraq could never afford a significant RV of the dinar due to the fact that there is in excess 42 trillion dinar in circulation. If the minister of planning was talking about an overnight event, it would have to be a LOP. The only thing that we should be hoping for is a gradual appreciation as stated by the IMF. Such an event like this would allow the money supply to be reduced as the currency appreciated.
9-15-2019 Intel/Newshound Guru sandyf We do know that floating the currency would take best part of a generation to produce any significant result. Thai baht, strongest currency of an emerging economy has taken about 15 years to almost double in value. So taking into account what we do know, any significant return can only come from the unknown and not from what people think they know. Time for a more open minded perspective. [post 2 of 2]
9-15-2019 Intel/Newshound Guru sandyf [nobody and I mean NO ONE knows what will happen or how this will be implemented.] Absolutely spot on and nobody is ever going to stop the speculation. What we do know however is what is not going to happen. There is not going to be a huge overnight RV, never been one in the past and not going to happen in the future. That myth was born from confusion between revaluation and redenomination. We do know how a redenomination would be implemented but that cannot happen overnight and is not going to happen any time soon. [post 1 of 2....stay tuned]
9-15-2019 Newshound Guru MilitiaMan Article: "Government source reveals program of Abdul-Mahdi's visit to China" Quote: "The economic and political circles in Baghdad are looking with optimism to the forthcoming visit of Prime Minister Adel Abdul Mahdi to China on September 19 for four days, and it is reported in some economic circles that the visit will lead to the signing of about 30 large memorandums of understanding between Baghdad and Beijing..." Sure looks like this is the opening of the doors.. Firstly before they all go live, Iraq will have an international medium of exchange!! Imo.
9-15-2019 Intel Guru Frank26 IMO I honestly don't think the Democratic Party wants the reinstatement of the Iraqi dinar...I don't know if they're doing anything to stop it cause they can't...I don't think the democrats want Donald Trump to bask in the glory of what's about to happen...They represent the United States of America. I want them to work in unity with the Republicans but the jealously is so vicious and it's so wicked IMO that it's causing this rip. This tear. And based on the things I "think" I know politically we're not being supported for this by the Democrats...
9-15-2019 Newshound Guru Kaperoni ...guru Frank26 likes to refer to a minister of planning document talking about a 1 to $1 exchange rate. But it never said it would get there overnight! And as I've already said on numerous occasions Iraq could never afford a significant RV of the dinar due to the fact that there is in excess 42 trillion dinar in circulation. If the minister of planning was talking about an overnight event, it would have to be a LOP. The only thing that we should be hoping for is a gradual appreciation as stated by the IMF. Such an event like this would allow the money supply to be reduced as the currency appreciated.
9-14-2019 Intel Guru Frank26 ...I will tell you this with confidence, the visual aids of the new small category notes and fils are coming out this month of September. The visual aids are coming out this month. ...a little while after the visual aids IMO they will lift the three zeros and a little bit after they lift the three zeros they'll introduce the new small category notes or at the same time when they lift it they will do it all together...the moment you see the visual aids is the moment I say goodbye...
9-14-2019 Newshound Guru chattels Article quotes: "Iraqi Oil Minister: Kurdistan produces half a million barrels of oil a day & none of its benefits go to the Federal Government. However, we are close to reaching an agreement with Erbil."; "The Ghadhban said that "optimistic to reach an agreement between the two sides,"stressing "We and the Kurdistan region in one ship, and we should reach an agreement." One question is whether the optimism expressed by Baghdad is shared by Kurdistan. Another question is whether the "agreement" is budgetary and for one year or is it a permanent agreement equating to the long awaited HydroCarbon Agreement. Any permanent HydroCarbon Ageement will likely require amendment / clarification constitutionally. ...a budget law agreement, if fully performed/honored by both sides, could be a good beginning.
9-14-2019 Newshound/Intel Guru BGG I beg to differ with Breitling’s synopsis as to why brokers are willing to “pay a lot more” than they used to – to buy Dinar back. It’s because THEY HAVE TO...The real reason they are paying more – isn’t that they are “willing to”…It’s that they HAVE TO. If they don’t – they won’t get any and they won’t be able to compete. It is just that simple – economics in action. [reference Guru Breitling post 9-11-2019]
9-14-2019 Newshound Guru Jeff article on this morning's session of Parliament - they did not get anything done that was important...a few days ago I posted another article where they said they were going to try to resolve the Education Minster during the first FEW legislative sessions of Parliament...what we're waiting on right now guys is for them to finish the formation of the government by putting the Education Minister in place. IMO they'll probably do it next Saturday the 21st...
9-14-2019 Intel Guru Frank26 ...the Central Bank of Iraq said that their intentions are to come out 1 to 1 internally in their country. With that said we have a foundation...Do these guys have a date? Or are they waiting for something? IMO they have a date. It's been kicked around like a tin can down the street at least 3 times that my teams know of. I pray to God that whatever date they have selected for the reinstatement does not get influenced...
9-14-2019 Newshound Guru chattels Article quotes: "Iraqi Oil Minister: Kurdistan produces half a million barrels of oil a day & none of its benefits go to the Federal Government. However, we are close to reaching an agreement with Erbil."; "The Ghadhban said that "optimistic to reach an agreement between the two sides,"stressing "We and the Kurdistan region in one ship, and we should reach an agreement." One question is whether the optimism expressed by Baghdad is shared by Kurdistan. Another question is whether the "agreement" is budgetary and for one year or is it a permanent agreement equating to the long awaited HydroCarbon Agreement. Any permanent HydroCarbon Ageement will likely require amendment / clarification constitutionally. ...a budget law agreement, if fully performed/honored by both sides, could be a good beginning.
9-14-2019 Newshound/Intel Guru BGG I beg to differ with Breitling’s synopsis as to why brokers are willing to “pay a lot more” than they used to – to buy Dinar back. It’s because THEY HAVE TO...The real reason they are paying more – isn’t that they are “willing to”…It’s that they HAVE TO. If they don’t – they won’t get any and they won’t be able to compete. It is just that simple – economics in action. [reference Guru Breitling post 9-11-2019]
9-14-2019 Newshound Guru Jeff article on this morning's session of Parliament - they did not get anything done that was important...a few days ago I posted another article where they said they were going to try to resolve the Education Minster during the first FEW legislative sessions of Parliament...what we're waiting on right now guys is for them to finish the formation of the government by putting the Education Minister in place. IMO they'll probably do it next Saturday the 21st...
9-14-2019 Intel Guru Frank26 ...the Central Bank of Iraq said that their intentions are to come out 1 to 1 internally in their country. With that said we have a foundation...Do these guys have a date? Or are they waiting for something? IMO they have a date. It's been kicked around like a tin can down the street at least 3 times that my teams know of. I pray to God that whatever date they have selected for the reinstatement does not get influenced...
9-13-2019 Intel Guru Frank26 ...their pattern is always to wait till the last second to do something. But between now and the last week of September IMO is a good window to do what they showed them in the visual aids. It's no secret. The CBI is telling the citizens we're giving you purchasing power. The citizens know it. You know it. It's no secret...everything is on course. We're alright...
9-13-2019 Newshound Guru Kaperoni I can say with certainty there will be no introduction of small denominations because that's just not how monetary policy works there is no RV or RI. If the dinar goes up in value gradually as we expect any transition to any smaller denomination or notes would be seamless with little fanfare. If Parliament were to pass a law to redenominate the currency (LOP) then I could see the introduction of a package of small notes and displayed in advance of their implementation.
9-13-2019 Intel Guru MarkZ [via PDK] I hear everything is totally positioned…We are not waiting for anything else…nothing else to do…we are right on top of it...Just need the trigger to be pulled by whoever says “start or go”...
9-13-2019 Newshound Guru Jeff ...IMO tomorrow you will not see any information about the VP's in Iraq...I have some very strong confirming factual information I just received from the Iraq government directly. I will share this with you when I see the one article I'm looking for...there is only one remaining position. It is only the Education Minister. It shows that they have done away with the Vice Presidents. Those positions have been eliminated...The only position we are waiting on is just the Education Minister. IMO they are going to complete that position on Saturday the 21st. When I see news articles telling you that I will share my factual information that I have on how I received it directly from the Iraqi Government...
9-13-2019 Intel Guru Bruce Confirmation from Bank sources Dinar on the screens live at over $6.50...Dinar is international... ...We are supposed to get started tomorrow [Friday]. Obviously we don't go anywhere until we get our toll free numbers. We don't get started until we get appointments. Our understanding is we should get numbers in the morning and get setting appointments and doing our exchanges supposedly tomorrow [Friday]. We'll see...we've had close calls before.
9-13-2019 Newshound/Intel Guru Mnt Goat Simply put when the time comes the IMF will put the IQD in an SDR basket of currencies including the Yen, Yuan, Pound, Euro, USD and then the IQD. ...What does this do? It creates stability in the marketplace since, if one currency gets too shaky, the others will back it up and support it... How does putting the IQD in this SDR basket effect our exchange? Since the IMF will have to now weight the IQD along with the assets from these other 5 currencies in the basket, it will cause a re-calculation of the IQD rate and drive it higher like the pre-1991 rate plus equity. This is what will be the driving force behind getting more than a 1:1 after deleting the zeros. ...This is what will justify it.
9-13-2019 Intel Guru MarkZ The big news is Maliki- Iraqs former PM getting caught with hundreds of Billions in US dollars…wow…I take the story about Maliki stealing Billions is a very good thing….Rats deserting a ship before it sets sail. I think this is big news
9-13-2019 Newshound Guru Kaperoni I can say with certainty there will be no introduction of small denominations because that's just not how monetary policy works there is no RV or RI. If the dinar goes up in value gradually as we expect any transition to any smaller denomination or notes would be seamless with little fanfare. If Parliament were to pass a law to redenominate the currency (LOP) then I could see the introduction of a package of small notes and displayed in advance of their implementation.
9-13-2019 Intel Guru MarkZ [via PDK] I hear everything is totally positioned…We are not waiting for anything else…nothing else to do…we are right on top of it...Just need the trigger to be pulled by whoever says “start or go”...
9-13-2019 Newshound Guru Jeff ...IMO tomorrow you will not see any information about the VP's in Iraq...I have some very strong confirming factual information I just received from the Iraq government directly. I will share this with you when I see the one article I'm looking for...there is only one remaining position. It is only the Education Minister. It shows that they have done away with the Vice Presidents. Those positions have been eliminated...The only position we are waiting on is just the Education Minister. IMO they are going to complete that position on Saturday the 21st. When I see news articles telling you that I will share my factual information that I have on how I received it directly from the Iraqi Government...
9-13-2019 Intel Guru Bruce Confirmation from Bank sources Dinar on the screens live at over $6.50...Dinar is international... ...We are supposed to get started tomorrow [Friday]. Obviously we don't go anywhere until we get our toll free numbers. We don't get started until we get appointments. Our understanding is we should get numbers in the morning and get setting appointments and doing our exchanges supposedly tomorrow [Friday]. We'll see...we've had close calls before.
9-13-2019 Newshound/Intel Guru Mnt Goat Simply put when the time comes the IMF will put the IQD in an SDR basket of currencies including the Yen, Yuan, Pound, Euro, USD and then the IQD. ...What does this do? It creates stability in the marketplace since, if one currency gets too shaky, the others will back it up and support it... How does putting the IQD in this SDR basket effect our exchange? Since the IMF will have to now weight the IQD along with the assets from these other 5 currencies in the basket, it will cause a re-calculation of the IQD rate and drive it higher like the pre-1991 rate plus equity. This is what will be the driving force behind getting more than a 1:1 after deleting the zeros. ...This is what will justify it.
9-13-2019 Intel Guru MarkZ The big news is Maliki- Iraqs former PM getting caught with hundreds of Billions in US dollars…wow…I take the story about Maliki stealing Billions is a very good thing….Rats deserting a ship before it sets sail. I think this is big news
9-12-2019 Newshound Guru Adam Montana It's been some time since this came up in the news, but I believe it was about 5 months ago I made mention of Saudi Arabia working on playing nice with Iraq again... and what they have to gain by doing so. Saudi Arabia couldn't be bothered to give Iraq the time of day 10 years ago... now, they are changing their tune: [Article] "Iraq-Saudi border crossing to reopen after nearly 30 years". ...WTI OIL is currently at 54.94... Other news that's positive - CBI, IMF, GOI are all active. We are not in one of those vacation-day lulls. Overall, it looks like things should start moving... right in time to hit a mid-September spurt.
9-12-2019 Newshound Guru Jeff [Article: Saleh and Abdul Mahdi discuss developments in the political situation and the implementation of the government program] ...the "government program" is everything that exists after the rate change. It's the period after the rate change that gives the citizens a better life. So that's why they're talking about implementing the "government program" now or soon because that's the period after the rate change...
9-12-2019 Intel Guru MarkZ I am hearing we are in a 72 hour window that started yesterday...so we should have 48 hours left if true…but it could go at any time in that 48 hours…no one will ever know the exact time. …it may be slowed a bit…but its still moving.
9-12-2019 Intel Guru Frank26 ...they are now ready to show them pictures of the new small category notes...IMO the CBI is being very cautious. They have to be very careful. Fractional banking is of great concern to the CBI because they do not want this reinstatement to fail with the citizens. They are not going to come out with the coins like we've been telling you. But they are talking about the fils. The citizens need to understand what the fils are about...each dinar is worth 1000 fils...so let's not worry about the coins...
9-12-2019 Newshound/Intel Guru Mnt Goat ...We know that the Financial Management Law was written and passed in parliament in order for parliament through the financial committee to take charge of the monetary reforms and force the CBI to perform their job. Up to this point the CBI had excuse after excuse as to why it could not proceed. We read about all the corruption in the CBI. We heard about the necessity to replace all the proxy positions with permanent positions. Then we watched it happen. The announcement came out about the replace of the director of the CBI and he was supposed to take his position in early September. ...Yes, we still expect the formal announcement of the new Governor of the CBI any day now...
9-12-2019 Newshound Guru Kathy Article: "Maliki denies allegations of smuggling Iraqi treasury money" Quote: "The security authorities at Dubai airport seize a shipment of funds full of dollars stolen from the treasury of Iraq, estimated at hundreds of billions of dollars on a private Iraqi plane belonging to Nuri al-Maliki, which was intended to be smuggled to a European country "This money is equivalent to the budget of 10 Arab countries for five years." Equal to 10 Arab countries budgets for five years! Holy Cow!
9-12-2019 Newshound Guru Jeff [Article: Saleh and Abdul Mahdi discuss developments in the political situation and the implementation of the government program] ...the "government program" is everything that exists after the rate change. It's the period after the rate change that gives the citizens a better life. So that's why they're talking about implementing the "government program" now or soon because that's the period after the rate change...
9-12-2019 Intel Guru MarkZ I am hearing we are in a 72 hour window that started yesterday...so we should have 48 hours left if true…but it could go at any time in that 48 hours…no one will ever know the exact time. …it may be slowed a bit…but its still moving.
9-12-2019 Intel Guru Frank26 ...they are now ready to show them pictures of the new small category notes...IMO the CBI is being very cautious. They have to be very careful. Fractional banking is of great concern to the CBI because they do not want this reinstatement to fail with the citizens. They are not going to come out with the coins like we've been telling you. But they are talking about the fils. The citizens need to understand what the fils are about...each dinar is worth 1000 fils...so let's not worry about the coins...
9-12-2019 Newshound/Intel Guru Mnt Goat ...We know that the Financial Management Law was written and passed in parliament in order for parliament through the financial committee to take charge of the monetary reforms and force the CBI to perform their job. Up to this point the CBI had excuse after excuse as to why it could not proceed. We read about all the corruption in the CBI. We heard about the necessity to replace all the proxy positions with permanent positions. Then we watched it happen. The announcement came out about the replace of the director of the CBI and he was supposed to take his position in early September. ...Yes, we still expect the formal announcement of the new Governor of the CBI any day now...
9-12-2019 Newshound Guru Kathy Article: "Maliki denies allegations of smuggling Iraqi treasury money" Quote: "The security authorities at Dubai airport seize a shipment of funds full of dollars stolen from the treasury of Iraq, estimated at hundreds of billions of dollars on a private Iraqi plane belonging to Nuri al-Maliki, which was intended to be smuggled to a European country "This money is equivalent to the budget of 10 Arab countries for five years." Equal to 10 Arab countries budgets for five years! Holy Cow!
9-11-2019 Newshound Guru Frank26 ...there was an incident...Billions, I mean BILLIONS of [US] dollars were stolen...the United Arab Emirates says that the security authorities at Dubai International Airport reported intercepted a shipment containing a massive quantity of American dollar bank notes. The officials searched a private plane belonging to...wait for it... former Prime Minister Nouri al-Maliki...
9-11-2019 Newshound/Intel Guru Mnt Goat Article: "CENTRAL BANK OF IRAQ HAS BEGUN STEPS TO JOIN THE OFFICIAL FORUM OF MONETARY AND FINANCIAL INSTITUTIONS (OMFIF)" Quote: "...(OMFIF), an independent global think tank for central banks, pension funds and financial institutions with investment assets worth $36.2 trillion." Article: "SUITABLE CONDITIONS FOR THE WORK OF INTERNATIONAL COMPANIES AND ENCOURAGE FOREIGN INVESTMENTS" What? And you think they are postponing the project to delete the zeros again? Give me a break!
9-11-2019 Newshound Guru Breitling Why are [brokers] willing to pay a lot more than they used to to buy your dinar back? They're selling it to these guys [large currency investors] that's why. It's that simple...It's hard getting money out of Iraq. It's not easy. It would come from Iraq to Jordan to the United States. And from the banking industry in the United States it went from the [CBI] auction floor to Bank of America to Chase Bank. And that's where I bought my currency - Chase Bank. So that's a couple routes on how that currency gets here. But it's dried up. That system doesn't work anymore. So there isn't as much dinar in the market...
9-11-2019 Intel Guru MarkZ I am still hearing very good things today. Reno has gone very quiet...People are being put under NDA’s We are told. Today is still looking very positive... Will it be a numbers day? I am staying home today watching everything closely...Just be prepared in case…
9-11-2019 Newshound/Intel Guru Mnt Goat ...So we know the Finance Committee has made the effort to tell us in the past weeks, with a barrage of articles that they were considering going ahead (and will probably go head) with the project. I also know that they are now re-educating of the citizens via billboards and televised broadcast on the how the project to delete the zeros will work...Iraq CAN NOT go much longer without the reinstatement and the launching of the smaller category notes. Today we have three (3) other articles telling us they are connecting with international organizations for the purpose of doing business with the international world... [post 2 of 2]
9-11-2019 Newshound/Intel Guru Mnt Goat Article: "A STUDY TO DELETE ZEROS FROM THE NATIONAL CURRENCY" IS THE PROJECT TO DELETE THE ZEROS POSTPONED AGAIN? This article led us to believe that in fact it has been postponed again. Is this true? ...This article ...is NOT telling us they are postponing again the project to delete the zeros. What gets lost in the translation from Arabic to English is they are telling us in the past this is what happened and why it was postponed... [post 1 of 2....stay tuned]
9-11-2019 Newshound Guru Jeff ...clear back in July....I said IMO our next window for the possibility of the rate changing would be over the weekend of September 21st/22nd. As you see all the factual information is walking you up to that point..most of the other gurus are just now catching up with us...we're looking amazing...In my opinion I think we have about another week and a half left in this...
9-11-2019 Newshound Guru future [ It is quite simple really! Either Iraq will add value to their currency or they will not ! And to what degree it will be . Every currency has potential to fluctuate up or down ...] well from news articles they have said they will reinstate or bring their dinar back to the glory days...when? is the biggest ?.
9-11-2019 Newshound/Intel Guru Mnt Goat Article: "CENTRAL BANK OF IRAQ HAS BEGUN STEPS TO JOIN THE OFFICIAL FORUM OF MONETARY AND FINANCIAL INSTITUTIONS (OMFIF)" Quote: "...(OMFIF), an independent global think tank for central banks, pension funds and financial institutions with investment assets worth $36.2 trillion." Article: "SUITABLE CONDITIONS FOR THE WORK OF INTERNATIONAL COMPANIES AND ENCOURAGE FOREIGN INVESTMENTS" What? And you think they are postponing the project to delete the zeros again? Give me a break!
9-11-2019 Newshound Guru Breitling Why are [brokers] willing to pay a lot more than they used to to buy your dinar back? They're selling it to these guys [large currency investors] that's why. It's that simple...It's hard getting money out of Iraq. It's not easy. It would come from Iraq to Jordan to the United States. And from the banking industry in the United States it went from the [CBI] auction floor to Bank of America to Chase Bank. And that's where I bought my currency - Chase Bank. So that's a couple routes on how that currency gets here. But it's dried up. That system doesn't work anymore. So there isn't as much dinar in the market...
9-11-2019 Intel Guru MarkZ I am still hearing very good things today. Reno has gone very quiet...People are being put under NDA’s We are told. Today is still looking very positive... Will it be a numbers day? I am staying home today watching everything closely...Just be prepared in case…
9-11-2019 Newshound/Intel Guru Mnt Goat ...So we know the Finance Committee has made the effort to tell us in the past weeks, with a barrage of articles that they were considering going ahead (and will probably go head) with the project. I also know that they are now re-educating of the citizens via billboards and televised broadcast on the how the project to delete the zeros will work...Iraq CAN NOT go much longer without the reinstatement and the launching of the smaller category notes. Today we have three (3) other articles telling us they are connecting with international organizations for the purpose of doing business with the international world... [post 2 of 2]
9-11-2019 Newshound/Intel Guru Mnt Goat Article: "A STUDY TO DELETE ZEROS FROM THE NATIONAL CURRENCY" IS THE PROJECT TO DELETE THE ZEROS POSTPONED AGAIN? This article led us to believe that in fact it has been postponed again. Is this true? ...This article ...is NOT telling us they are postponing again the project to delete the zeros. What gets lost in the translation from Arabic to English is they are telling us in the past this is what happened and why it was postponed... [post 1 of 2....stay tuned]
9-11-2019 Newshound Guru Jeff ...clear back in July....I said IMO our next window for the possibility of the rate changing would be over the weekend of September 21st/22nd. As you see all the factual information is walking you up to that point..most of the other gurus are just now catching up with us...we're looking amazing...In my opinion I think we have about another week and a half left in this...
9-11-2019 Newshound Guru future [ It is quite simple really! Either Iraq will add value to their currency or they will not ! And to what degree it will be . Every currency has potential to fluctuate up or down ...] well from news articles they have said they will reinstate or bring their dinar back to the glory days...when? is the biggest ?.
9-10-2019 Newshound/Intel Guru BGG Article: "Central Bank announces strategic banking projects for the next five years" Quote: "...the success of the Central Bank’s policy in achieving an important transition to the Iraqi economy and achieve stability in the exchange rate and the recovery of the Iraqi dinar and raise its purchasing power, one of the objectives of strengthening the economy..." CBI MAKES BIG BIG ANNOUNCEMENT… GETTING READY FOR THE “RECOVERY” OF THE DINAR TO IT’S FORMER WEALTH!!
9-10-2019 Newshound Guru Breitling Why do you feel so good about what's going on? It's because the people who put this together they're moving this forward - that's why. The language that they used at the beginning, 'We are going to start adding value to our currency and we want to participate in certain markets.' You're watching it literally happen before your very eyes...
9-10-2019 Intel Guru Frank ...the introduction of the description and pictures of the new small category notes and the coins, which in reality are called visual aids (there will be videos too)...IMO...will be be out before the end of this month of September...Part II: ...the satellite private banks information that they would be opening in the next two weeks: We got this information from our teams that were at the meetings with the CBI and approximated two weeks. That would still leave us 1 week left in the month of September...the description [of small notes & coins] is coming out IMO in two weeks. After that if they raise the value they can put the small category notes and coins in the hands of the citizens and they can open the 'satellite' banks...the three things need to come together...1, 2, 3...
9-10-2019 Intel Guru MarkZ I’m actually feeling confident we are going to see something this week. I am more optimistic today then I have been in a long time. …Exchanges have already occurred and the holds will be removed and they will be able to spend what they see. My contacts in Iraq are really expecting new rates to start rolling out overnight tonight and continue for the next 2weeks. I am pretty excited. [Is dong still in the first basket? Have you heard any rates lately?] I hear it is definitely in the first basket. Hearing Dinar $3.91 up to $4.41 is possible...
9-10-2019 Newshound Guru Kaperoni ...there have been many discussions about a float over the years from the CBI, and economic experts in Iraq...Floating the currency is not some arbitrary or random event it precedes pressure created on their financial system otherwise the repercussions could be bad for the country...if significant investment is going to come into Iraq as expected it's going to create pressure. There has to be a mechanism in place just prior to relieve that pressure. That mechanism is a float...If you do not have a mechanism in place, the monetary stability in the country will be thrown completely out of whack. And the CBI could lose control over the currency as inflation skyrockets as a result...precautions need to be in place and tools are used to maintain the stability
9-10-2019 Newshound Guru Jeff I feel the formation of the government is secretly done. Just waiting to be announced. It has to be announced no matter what...the definite ones that have to be fulfilled right now are the Education Minister and the three remaining Vice Presidents...which they're doing this coming Saturday is what they've told us in the latest news...
9-10-2019 Newshound/Intel Guru Mnt Goat We are now hearing yet more international organizations getting involved with Iraq. Even the oil minister has stated Iraq is ripe for international investors. Really? Now even China...is stepping up and announces its willingness to invest in Iraq. This could lead to an economic revolution within Iraq. How can they survive and transfer funds to and from Iraq with this currency auction still in place? Do they want to mess with these 3 zeros? Don’t they want a normalized and simplified currency denominations to work with? The answers are Yes and Yes and they have already told Iraq this is the case. This is why the finance committee is pushing the CBI to complete the project to delete the zeros.
9-10-2019 Intel Guru MarkZ [via PDK] ...do not have an update out of Iraq...yet [...if we are to be liquid on Wed. when should we have 800#s?] i hate to even say, but I am hearing late Tuesday Night. [Tomorrow (Tuesday) is a holiday in Iraq] ...they can and could pull the trigger on a holiday. [Can Iraq raise their rate internationally without the global revalue or does it have to go all at once?] Iraq signed on with the Gold treaty so internationally it will all go [at] once.
9-10-2019 Newshound Guru Breitling Why do you feel so good about what's going on? It's because the people who put this together they're moving this forward - that's why. The language that they used at the beginning, 'We are going to start adding value to our currency and we want to participate in certain markets.' You're watching it literally happen before your very eyes...
9-10-2019 Intel Guru Frank ...the introduction of the description and pictures of the new small category notes and the coins, which in reality are called visual aids (there will be videos too)...IMO...will be be out before the end of this month of September...Part II: ...the satellite private banks information that they would be opening in the next two weeks: We got this information from our teams that were at the meetings with the CBI and approximated two weeks. That would still leave us 1 week left in the month of September...the description [of small notes & coins] is coming out IMO in two weeks. After that if they raise the value they can put the small category notes and coins in the hands of the citizens and they can open the 'satellite' banks...the three things need to come together...1, 2, 3...
9-10-2019 Intel Guru MarkZ I’m actually feeling confident we are going to see something this week. I am more optimistic today then I have been in a long time. …Exchanges have already occurred and the holds will be removed and they will be able to spend what they see. My contacts in Iraq are really expecting new rates to start rolling out overnight tonight and continue for the next 2weeks. I am pretty excited. [Is dong still in the first basket? Have you heard any rates lately?] I hear it is definitely in the first basket. Hearing Dinar $3.91 up to $4.41 is possible...
9-10-2019 Newshound Guru Kaperoni ...there have been many discussions about a float over the years from the CBI, and economic experts in Iraq...Floating the currency is not some arbitrary or random event it precedes pressure created on their financial system otherwise the repercussions could be bad for the country...if significant investment is going to come into Iraq as expected it's going to create pressure. There has to be a mechanism in place just prior to relieve that pressure. That mechanism is a float...If you do not have a mechanism in place, the monetary stability in the country will be thrown completely out of whack. And the CBI could lose control over the currency as inflation skyrockets as a result...precautions need to be in place and tools are used to maintain the stability
9-10-2019 Newshound Guru Jeff I feel the formation of the government is secretly done. Just waiting to be announced. It has to be announced no matter what...the definite ones that have to be fulfilled right now are the Education Minister and the three remaining Vice Presidents...which they're doing this coming Saturday is what they've told us in the latest news...
9-10-2019 Newshound/Intel Guru Mnt Goat We are now hearing yet more international organizations getting involved with Iraq. Even the oil minister has stated Iraq is ripe for international investors. Really? Now even China...is stepping up and announces its willingness to invest in Iraq. This could lead to an economic revolution within Iraq. How can they survive and transfer funds to and from Iraq with this currency auction still in place? Do they want to mess with these 3 zeros? Don’t they want a normalized and simplified currency denominations to work with? The answers are Yes and Yes and they have already told Iraq this is the case. This is why the finance committee is pushing the CBI to complete the project to delete the zeros.
9-10-2019 Intel Guru MarkZ [via PDK] ...do not have an update out of Iraq...yet [...if we are to be liquid on Wed. when should we have 800#s?] i hate to even say, but I am hearing late Tuesday Night. [Tomorrow (Tuesday) is a holiday in Iraq] ...they can and could pull the trigger on a holiday. [Can Iraq raise their rate internationally without the global revalue or does it have to go all at once?] Iraq signed on with the Gold treaty so internationally it will all go [at] once.
9-9-2019 Intel Guru Frank26 I said on Friday we believe mainland states (if not all, a good percentage of them) will have private banks that have signed agreements with the CBI to represent them and to be linked with them...when we enter the 4th week of this month my teams and I are really really going to be looking for and focused on these private banks. We believe the CBI will tell you before them. They've already told the citizens. We believe the rate will have to go up before they even open those obviously...Iraq is about too say 'yeah, we'll play fair with our currency'...
9-9-2019 Newshound Guru Kaperoni I have always said the pace of the appreciation on a float is based on how fast investment comes into the country. The faster investors bring money through the cbi's capital account to invest in rebuilding, etc. The more pressure it creates causing the CBI to allow the currency to appreciate. So it could make a big move in a relatively short period of time? Of course...That is what the balassa -Samuelson effect is...the directive from the IMF to float the currency is the safest and best solution for all of us to see the currency go up in value because a RV of any significant amount is not possible...a float is the only reasonable solution as requested by the IMF in 2013 as part of the Article IV Consultation...I wouldn't be in it if I believed in a LOP. But I do believe that anything other than a float is unrealistic at this point...
[Refernece Guru Chattels post below]
9-9-2019 Newshound Guru chattels Sounds as if they may require two lifetimes for the dinar to appreciate in the manner argued by [Guru] Kaperoni, but maybe that is our reality? [Reference Guru Kaperoni post from 9-9-2019 below.]
9-9-2019 Newshound/Intel Guru Mnt Goat What about getting HCL and article 140 completed? The HCL is already completed and has been passed since 2018, but not yet implemented fully and that is the problem. This too must be implemented and not just a law on paper. ...Iraq is NOT going to get back their global currency...unless they implement their constitution “fully”...There are two main areas of concern- Article 140 and HCL. Some say also judicial reform but this is also already underway...Many also say that the Iranian influence must be gone out of Iraq...As long as they are in Iraq the US will keep a military presence in Iraq. I do not believe this is going to stop the reinstatement. If it was, they would not have progressed to this point of launching the smaller, smaller category notes and coins.
9-9-2019 Newshound Guru Jeff All we need is a VP to finish the formation of the government? They have multiple positions to fill, Education, VP's, possible a few special grades. They'll need a few weeks to complete it...next session 9/14.
9-9-2019 Intel Guru MarkZ I am still stunned and surprised that we havn’t see it last week. I am hearing from my contacts in Iraq that they are starting a 2 week roll out starting tomorrow….including coins, lower denominations ect…I know many of you are concerned with rumors from other intel providers about lops ect…dont be. A Lop doesn’t even make sense…it won’t fix anything in Iraq...
9-9-2019 Newshound Guru Jeff ...squashing his [Guru Kaperoni's] entire theory of, 'oh, they have to float it because they have 74 trillion in circulation'...CBI already came out and said they're gonna pull that large amount out of circulation when the rate changes. Because most of that 74 trillion is outside of Iraq held by investors in other countries and the CBI does not give two craps about it...
9-9-2019 Newshound Guru Kaperoni ...dinar rates...in excess of $3...not possible. Iraq could never afford any such RV/RI. The only scenario where I could see such a thing is if they LOP first. I've already stated I don't believe that Iraq would LOP. That being said, the only thing they can do is raise the value gradually over time as I've discussed many times via a float. The reason why I say they will float is 1. the IMF specifically gave such a directive, 2. Iraq can't afford any other increase in value with so much currency in circulation, 3. have to reduce the currency which can't occur until after the value starts to rise. So we'll just have to wait and see how the next several months play out. But I know one thing if they're going to raise the value it's going to have to occur gradually...
9-9-2019 Newshound Guru Kaperoni I have always said the pace of the appreciation on a float is based on how fast investment comes into the country. The faster investors bring money through the cbi's capital account to invest in rebuilding, etc. The more pressure it creates causing the CBI to allow the currency to appreciate. So it could make a big move in a relatively short period of time? Of course...That is what the balassa -Samuelson effect is...the directive from the IMF to float the currency is the safest and best solution for all of us to see the currency go up in value because a RV of any significant amount is not possible...a float is the only reasonable solution as requested by the IMF in 2013 as part of the Article IV Consultation...I wouldn't be in it if I believed in a LOP. But I do believe that anything other than a float is unrealistic at this point...
[Refernece Guru Chattels post below]
9-9-2019 Newshound Guru chattels Sounds as if they may require two lifetimes for the dinar to appreciate in the manner argued by [Guru] Kaperoni, but maybe that is our reality? [Reference Guru Kaperoni post from 9-9-2019 below.]
9-9-2019 Newshound/Intel Guru Mnt Goat What about getting HCL and article 140 completed? The HCL is already completed and has been passed since 2018, but not yet implemented fully and that is the problem. This too must be implemented and not just a law on paper. ...Iraq is NOT going to get back their global currency...unless they implement their constitution “fully”...There are two main areas of concern- Article 140 and HCL. Some say also judicial reform but this is also already underway...Many also say that the Iranian influence must be gone out of Iraq...As long as they are in Iraq the US will keep a military presence in Iraq. I do not believe this is going to stop the reinstatement. If it was, they would not have progressed to this point of launching the smaller, smaller category notes and coins.
9-9-2019 Newshound Guru Jeff All we need is a VP to finish the formation of the government? They have multiple positions to fill, Education, VP's, possible a few special grades. They'll need a few weeks to complete it...next session 9/14.
9-9-2019 Intel Guru MarkZ I am still stunned and surprised that we havn’t see it last week. I am hearing from my contacts in Iraq that they are starting a 2 week roll out starting tomorrow….including coins, lower denominations ect…I know many of you are concerned with rumors from other intel providers about lops ect…dont be. A Lop doesn’t even make sense…it won’t fix anything in Iraq...
9-9-2019 Newshound Guru Jeff ...squashing his [Guru Kaperoni's] entire theory of, 'oh, they have to float it because they have 74 trillion in circulation'...CBI already came out and said they're gonna pull that large amount out of circulation when the rate changes. Because most of that 74 trillion is outside of Iraq held by investors in other countries and the CBI does not give two craps about it...
9-9-2019 Newshound Guru Kaperoni ...dinar rates...in excess of $3...not possible. Iraq could never afford any such RV/RI. The only scenario where I could see such a thing is if they LOP first. I've already stated I don't believe that Iraq would LOP. That being said, the only thing they can do is raise the value gradually over time as I've discussed many times via a float. The reason why I say they will float is 1. the IMF specifically gave such a directive, 2. Iraq can't afford any other increase in value with so much currency in circulation, 3. have to reduce the currency which can't occur until after the value starts to rise. So we'll just have to wait and see how the next several months play out. But I know one thing if they're going to raise the value it's going to have to occur gradually...
9-8-2019 Intel Guru Frank26 [Question: If we have a 25K note and went to a satellite bank and the rate was $2.00 would we get $50,000?] You see, inside of Iraq that 25k note is 25 dinars. But outside of Iraq that 25k note is still a 25k note...if it was 2 to 1 you'd have $50,000 American dollars...if you had a million dinars and the rate was 1 to 1...you're going to get $1 million dollars...it's not complicated...
9-8-2019 Newshound Guru Kaperoni There's a pretty good article that came out the last day or so pertaining to the CBI joining the official forum of monetary and financial institutions (OMFIF). I think this boosts the credibility of the CBI tremendously.
9-8-2019 Newshound Guru Jeff Alright guys now it's time to get excited. The good news is coming out. We were the only ones sticking to our guns that the formation of the government must be completed before you'll see the rate change...I specifically told you to keep your eyes on the second half of September. Boom! An article comes out this morning...telling you they're going to vote on the vice president's in the next session of parliament which is the second half of September...this is the last thing you're waiting on...we're starting to inch to the finish line...
9-8-2019 Newshound/Intel Guru Mnt Goat The rate to reinstate will be essentially the rate prior to the invasion in 2003 with adjustments for equity. We know that the CBI initially wanted to reinstate with this same kind of rate but could not without the banking reforms, the increase in oil production and the gold deposits since discovered... So, they are [in] a great shape to come out at about $3.12+ and some banks are already showing a new rate as calculated by the new system of very close to $4.00. But remember this rate shown could easily be recalculated at the last minute and then moved to FOREX. So we just don’t know for sure... [post 2 of 2]
9-8-2019 Newshound/Intel Guru Mnt Goat ...One of the most important reasons we know for sure they will significantly increase the rate upon the movement process to FOREX is that the CBI told us they plan to put the dinar within a basket of currencies. This basket is the SDR basket of 5 of the leading developed countries in the world and that Iraq is most likely to conduct trade with them. So, the rate must change or else this basket will not work which is the purpose of the basket in the first place – to put currencies “on a level playing field”. .. I am telling you FACTS about the process... the process stated to all of us way back in 2011 by the CBI... [post 1 of 2....stay tuned]
9-8-2019 Intel Guru Frank26 ...we all know by now that the central bank of Iraq is in the process of lifting the value of their currency...there's no sense in putting the dinar, the new small category note, in their [citizens] hand before we raise the value...all that they've done in the massive campaign has made the citizens aware...the next step would be to raise the value NOT to give them what they've been seeing [lower denoms] just yet because it has no value. Once the value is raised...they will get the new small categories...it may float. It may not float. It may come out BOOM! direct at some large number...that's where I think we're at...
9-8-2019 Intel Guru RVAlready Article: "Revealing a study to delete zeros from the Iraqi currency" If you know the history of this, it is easy to see the delay article from Iraq is pure bull. Most of the intel providers are saying soon, and Iraq has been busy for weeks educating the citizens on the RV, new LDs , and coins...
9-8-2019 Newshound Guru Kaperoni There's a pretty good article that came out the last day or so pertaining to the CBI joining the official forum of monetary and financial institutions (OMFIF). I think this boosts the credibility of the CBI tremendously.
9-8-2019 Newshound Guru Jeff Alright guys now it's time to get excited. The good news is coming out. We were the only ones sticking to our guns that the formation of the government must be completed before you'll see the rate change...I specifically told you to keep your eyes on the second half of September. Boom! An article comes out this morning...telling you they're going to vote on the vice president's in the next session of parliament which is the second half of September...this is the last thing you're waiting on...we're starting to inch to the finish line...
9-8-2019 Newshound/Intel Guru Mnt Goat The rate to reinstate will be essentially the rate prior to the invasion in 2003 with adjustments for equity. We know that the CBI initially wanted to reinstate with this same kind of rate but could not without the banking reforms, the increase in oil production and the gold deposits since discovered... So, they are [in] a great shape to come out at about $3.12+ and some banks are already showing a new rate as calculated by the new system of very close to $4.00. But remember this rate shown could easily be recalculated at the last minute and then moved to FOREX. So we just don’t know for sure... [post 2 of 2]
9-8-2019 Newshound/Intel Guru Mnt Goat ...One of the most important reasons we know for sure they will significantly increase the rate upon the movement process to FOREX is that the CBI told us they plan to put the dinar within a basket of currencies. This basket is the SDR basket of 5 of the leading developed countries in the world and that Iraq is most likely to conduct trade with them. So, the rate must change or else this basket will not work which is the purpose of the basket in the first place – to put currencies “on a level playing field”. .. I am telling you FACTS about the process... the process stated to all of us way back in 2011 by the CBI... [post 1 of 2....stay tuned]
9-8-2019 Intel Guru Frank26 ...we all know by now that the central bank of Iraq is in the process of lifting the value of their currency...there's no sense in putting the dinar, the new small category note, in their [citizens] hand before we raise the value...all that they've done in the massive campaign has made the citizens aware...the next step would be to raise the value NOT to give them what they've been seeing [lower denoms] just yet because it has no value. Once the value is raised...they will get the new small categories...it may float. It may not float. It may come out BOOM! direct at some large number...that's where I think we're at...
9-8-2019 Intel Guru RVAlready Article: "Revealing a study to delete zeros from the Iraqi currency" If you know the history of this, it is easy to see the delay article from Iraq is pure bull. Most of the intel providers are saying soon, and Iraq has been busy for weeks educating the citizens on the RV, new LDs , and coins...
9-7-20219 Newshound Guru Jeff ...Frank [Guru Frank26] shared with you some information that I know for a fact is from [Guru] walkingstick..."are you saying walkingstick is reliable? " Yes! ...When I saw this, strongly felt I needed to share because it’s from WS...he is the real deal... [Reference Guru Frank26 post from 9-7-2019]
9-7-2019 Newshound Guru Kaperoni An article today from Parliament clearly states they have no intention of deleting the zeros at this time. As I've said in the past, parliament's plan was a LOP. That is a neutral event and we do not want that. What we do want to see, is foreign investment to come into Iraq and begin to rebuild and create a private sector putting pressure on the financial system allowing the CBI to float the currency. The interesting statement in the article references the 2020 budget deficit as the primary reason for the delay which could mean they're waiting to see the effects of the launch of the market economy first.
9-7-2019 Intel Guru Frank 26 ...there are banks in the US 48 continental states that have signed agreements with the Central Bank of Iraq to represent them...when you walk into a bank...pick a name. 53rd, Key Bank, BOA, JP Morgan whoever. Pick a bank. And say, 'Listen, I'd like to exchange my dinars.'...there will be a dedicated window in these banks or there will be a room just for that...I know of one where they converted an old Western Union into one of these private banks...those [banks] that did agree...they [the CBI] sent them a dinar...the ones that are coming out. The back didn't have anything. The front said "sample"...in my opinion these satellite banks will be opening within the next 2 weeks...they will be exchanging the dinar...I believe they will be open to the public within 2 weeks...
9-7-2019 Newshound/Intel Guru Mnt Goat So our path for the CBI to reintroduce the coins is here. We just have to wait it out and see when they do it. We know that this is a very good step in the right direction... So, in the past I have said that in 2011 the CBI came out with the process of to “delete the zeros” and clearly defined what they had to do to get there. Well…we are almost there and it has been almost a decade since to complete the process. But we are not home yet...The process clearly states that they will delete the zeros (as we have seen in recent articles they are about to do) by launching the “smaller, yet smaller category” notes. ...This step we now know also includes the coins (as they also just told us). ...So, when the smaller, smaller categories do come out they will have to adjust the CBI rate...
9-7-2019 Newshound/Intel Guru Mnt Goat Article: "SHARE OF KURDISTAN RISE TO MORE THAN 17% OF THE FEDERAL BUDGET" So the Kurds for now get what they wanted to survive yet another budget. But this is NOT over until parliament passes the “referendum” required by the new 2005 Iraqi Constitution... Read my lips – ARTICLE 140 IS NOT DONE UNTIL A LAW IS PASSED...So they absolutely must get this referendum passed or this will continue on for ever and ever for each of the years budgets! ARTICLE 140 IS NOT DONE!
9-7-2019 Newshound Guru Kaperoni An article today from Parliament clearly states they have no intention of deleting the zeros at this time. As I've said in the past, parliament's plan was a LOP. That is a neutral event and we do not want that. What we do want to see, is foreign investment to come into Iraq and begin to rebuild and create a private sector putting pressure on the financial system allowing the CBI to float the currency. The interesting statement in the article references the 2020 budget deficit as the primary reason for the delay which could mean they're waiting to see the effects of the launch of the market economy first.
9-7-2019 Intel Guru Frank 26 ...there are banks in the US 48 continental states that have signed agreements with the Central Bank of Iraq to represent them...when you walk into a bank...pick a name. 53rd, Key Bank, BOA, JP Morgan whoever. Pick a bank. And say, 'Listen, I'd like to exchange my dinars.'...there will be a dedicated window in these banks or there will be a room just for that...I know of one where they converted an old Western Union into one of these private banks...those [banks] that did agree...they [the CBI] sent them a dinar...the ones that are coming out. The back didn't have anything. The front said "sample"...in my opinion these satellite banks will be opening within the next 2 weeks...they will be exchanging the dinar...I believe they will be open to the public within 2 weeks...
9-7-2019 Newshound/Intel Guru Mnt Goat So our path for the CBI to reintroduce the coins is here. We just have to wait it out and see when they do it. We know that this is a very good step in the right direction... So, in the past I have said that in 2011 the CBI came out with the process of to “delete the zeros” and clearly defined what they had to do to get there. Well…we are almost there and it has been almost a decade since to complete the process. But we are not home yet...The process clearly states that they will delete the zeros (as we have seen in recent articles they are about to do) by launching the “smaller, yet smaller category” notes. ...This step we now know also includes the coins (as they also just told us). ...So, when the smaller, smaller categories do come out they will have to adjust the CBI rate...
9-7-2019 Newshound/Intel Guru Mnt Goat Article: "SHARE OF KURDISTAN RISE TO MORE THAN 17% OF THE FEDERAL BUDGET" So the Kurds for now get what they wanted to survive yet another budget. But this is NOT over until parliament passes the “referendum” required by the new 2005 Iraqi Constitution... Read my lips – ARTICLE 140 IS NOT DONE UNTIL A LAW IS PASSED...So they absolutely must get this referendum passed or this will continue on for ever and ever for each of the years budgets! ARTICLE 140 IS NOT DONE!
9-6-2019 Newshound Guru Kaperoni If you go back and look at the IMF Article IV Consultation from this year that came out in June, the IMF encouraged the CBI to begin more training programs. We are now seeing an abundance these types of training or seminars throughout Iraq.
9-6-2019 Intel Guru MarkZ My paymaster still wants to be home this weekend...funds are absolutely there and they just need the release to send them to us. He says the public should be in the banks no later than on the 10th or 11th...Actually in there with currency in their hands. It may not be what we wanted...we wanted funds for the weekend...but it’s what we got.
9-6-2019 Newshound Guru larrykn I really wouldn't worry about a LOP...that is just not going to happen, its been in many articles someone is just trying to stir the pot.
9-6-2019 Intel Guru Frank26 [Guru] Walkingstick told us that the next thing that we as a team are looking for is for the picture of the small category notes and the coins that would be equivalent to the new small category notes 1, 5, 10, 20, 50 and 100...soon a flow down of visual aid pictures is going to go to the banks. From the banks to the tellers. From the tellers to the citizens...IMO these pictures are timed for release now due to the success of the massive campaign that has well educated the citizens...these photos are the final evidence of the reinstatement that is to come...
9-6-2019 Newshound/Intel Guru Mnt Goat Article: "IRAQ HAS DECIDED TO APPROVE THE RATING AGENCIES THAT HAVE THE CRITERIA ECAI" Quote: "The Board of Directors of the Central Bank of Iraq has decided to approve the rating agencies that have the criteria ...(ECAI) emanating from the decisions of Basel, to classify the financial institutions in Iraq, namely: Standard & Poor; Moody's; Fitch Ratings; Capital Intelligence" ...this is a WOW! article and tells so much about how they now view their banking system. Folks they are about to compete with other international currencies on the open global trading platforms. Why else would they be so concerned about their ratings from these four agencies? How many times have they told us already this is the plan?...
9-6-2019 Intel Guru MarkZ If you are having doubts about the RV…do some research about when Germany, Kuwait, and other countries have RV’d in the past…Iran and Iraq have also RV’d several times in the past...
9-6-2019 Newshound Guru Vital Brad Article: "Central Bank announces strategic banking projects for the next 5 years." Quote: "The exchange rate as the main achievement of monetary policy applications and one of it's important objectives, which has positive repercussions on the revitalization of the economy and stabilize the monetary and financial system." ...it's not a matter of if they're gonna adjust their exchange rate on their currency. It's when. You can see from the 5 year projection that a lot of these projects that they're planning to complete are gonna be done so with the Iraqi dinar at its raised rate. So some really great news...
9-6-2019 Newshound/Intel Guru Mnt Goat The only real currency we know for sure that will have any significant change in value in the near future is the Iraqi dinar and no other...All the other currencies you hear about are just extremely high speculation. I have been hearing about the Vietnam Dong and its potential to revalue...Could it? Yes, but...a speculative currency investment?
9-6-2019 Intel Guru MarkZ My paymaster still wants to be home this weekend...funds are absolutely there and they just need the release to send them to us. He says the public should be in the banks no later than on the 10th or 11th...Actually in there with currency in their hands. It may not be what we wanted...we wanted funds for the weekend...but it’s what we got.
9-6-2019 Newshound Guru larrykn I really wouldn't worry about a LOP...that is just not going to happen, its been in many articles someone is just trying to stir the pot.
9-6-2019 Intel Guru Frank26 [Guru] Walkingstick told us that the next thing that we as a team are looking for is for the picture of the small category notes and the coins that would be equivalent to the new small category notes 1, 5, 10, 20, 50 and 100...soon a flow down of visual aid pictures is going to go to the banks. From the banks to the tellers. From the tellers to the citizens...IMO these pictures are timed for release now due to the success of the massive campaign that has well educated the citizens...these photos are the final evidence of the reinstatement that is to come...
9-6-2019 Newshound/Intel Guru Mnt Goat Article: "IRAQ HAS DECIDED TO APPROVE THE RATING AGENCIES THAT HAVE THE CRITERIA ECAI" Quote: "The Board of Directors of the Central Bank of Iraq has decided to approve the rating agencies that have the criteria ...(ECAI) emanating from the decisions of Basel, to classify the financial institutions in Iraq, namely: Standard & Poor; Moody's; Fitch Ratings; Capital Intelligence" ...this is a WOW! article and tells so much about how they now view their banking system. Folks they are about to compete with other international currencies on the open global trading platforms. Why else would they be so concerned about their ratings from these four agencies? How many times have they told us already this is the plan?...
9-6-2019 Intel Guru MarkZ If you are having doubts about the RV…do some research about when Germany, Kuwait, and other countries have RV’d in the past…Iran and Iraq have also RV’d several times in the past...
9-6-2019 Newshound Guru Vital Brad Article: "Central Bank announces strategic banking projects for the next 5 years." Quote: "The exchange rate as the main achievement of monetary policy applications and one of it's important objectives, which has positive repercussions on the revitalization of the economy and stabilize the monetary and financial system." ...it's not a matter of if they're gonna adjust their exchange rate on their currency. It's when. You can see from the 5 year projection that a lot of these projects that they're planning to complete are gonna be done so with the Iraqi dinar at its raised rate. So some really great news...
9-6-2019 Newshound/Intel Guru Mnt Goat The only real currency we know for sure that will have any significant change in value in the near future is the Iraqi dinar and no other...All the other currencies you hear about are just extremely high speculation. I have been hearing about the Vietnam Dong and its potential to revalue...Could it? Yes, but...a speculative currency investment?
9-5-2019 Newshound Guru Vital Brad Central Bank of Iraq Article: "The Central Bank Begins Steps to Join The Official Monetary and Financial Policy Forum (OMFIF)" If that's not saying Iraq is stepping into the big leagues I don't know what is. Independent global think tank for central banks. And they develop major projects in London, Singapore, Washington - some of the main financial hubs of the world. It's a beautiful thing...
9-5-2019 Newshound Guru chattels ["which way you think this will pan out, do they delete our 3 zeros from the 25k note and we break even or do they delete the 3 zeros from the exchange rate that being 0.00084? then it would be 0.84 and let market forces take over?"] I do not know. I have always argued/ allowed for the possibility of a "lop". It is a recurrent notion, indeed there will be rumors and the possibility of a "lop" until there is a definitive event of some type, eh? The persistent debate regarding "lop" or "float" or "RV" have become tedious. I am invested and will stay the course at this point for better or worse.
9-5-2019 Newshound Guru MilitiaMan The AMF is complete in launching a special Index database for Iraqi Securities. They have it ready, as they calculated the index as being from 07/31/2019... They showcased the ISX with the NASDAQ months ago, yet to see a live connection and today we see the AMF having completed the calculation and the database for the financial markets with Iraq. The NASDAQ has rules and for stocks (securities) to trade on the platform need to be north of $2.00 USD in value and that requires when under $4.00 being standard. So, imo they cannot do it at any rate.. jmtc. When they go live we will be happy campers...
9-5-2019 Intel Guru RayRen98 MY BANK SOURCE IS TO REPORT "AT EXCHANGE LOCATION" AND THINKS HE WILL SEE US SOMETIME TODAY - THURSDAY. TIME WILL TELL.
9-5-2019 Intel Guru Frank26 ...the Central Bank of Iraq is on a major campaign right now. And it's happening so fast we can't keep up with it...there is a massive campaign that is out there right now by the Central Bank of Iraq to let everyone inside of Iraq know that they are going through a monetary reform...right now we're dealing with the interior of Iraq, the citizens, because if it doesn't work with them it's not gonna work with you. It's not gonna work with the international markets...this massive campaign is out in full force...it's exploded even more...the citizens are being primed. They're being pumped. They're being educated. They're being motivated. They're being stimulated...
9-5-2019 Intel Guru MarkZ No new rate reported yet from contacts in Iraq. I hear from all my sources in Iraq that they are totally done and waiting for the rest of the world ...They have to be very frustrated with us. I feel we are right on top of it based on Paymasters, attorneys, contacts in Europe and Iraq and Asia... articles around the world on gold standards and basel accords: ...so much points to it being ready to pop.
9-5-2019 Newshound Guru Kaperoni [I don't care how it gains value as long as something happens!] Well hopefully it will start in the next 3-6 months... Everyone...should be hoping that come the first of the year, the laws are passed and international investors are lined up to bring money into Iraq to rebuild and support a market economy. ...one thing is sure...Iraq expects 70 billion from private investors in 2020. ...70 billion USD is a lot of potential pressure for the CBI. [post 3 of 3]
9-5-2019 Newshound Guru Kaperoni [Ultimately isn't it the CBI that makes the decisions?] Yes the CBI has to do it. But no because Iraq has to follow the Stand By Agreements they signed in exchange for loans over the years with the UN, IMF and WB...And the IMF became the Trustee of the CBI in Dec 2015 per agreement signed. Therefore, I see the IMF directives going forward. And if you look at the success of the CBI since Dec 2015 their has been several successes including reducing the spread to within 2%, maintaining a stable exchange rate for over a year, and significant progress on money laundering. [post 2 of 3....stay tuned]
9-5-2019 Newshound Guru Kaperoni ...why would Iraq be working so hard to create a market economy and get private investment if they did not plan to follow the IMF directive to float the dinar? I believe that is why we have not seen the CBI do anything as of yet...The conditions for the float are not in place...meaning the laws and investment. ...People tell me all the time...We don't trust the IMF. Or what proof do we have the IMF is in charge. etc. Well my question is...when has the IMF been wrong with Iraq? When has Iraq not done what they IMF asked? [post 1 of 3....stay tuned]
9-5-2019 Newshound Guru chattels ["which way you think this will pan out, do they delete our 3 zeros from the 25k note and we break even or do they delete the 3 zeros from the exchange rate that being 0.00084? then it would be 0.84 and let market forces take over?"] I do not know. I have always argued/ allowed for the possibility of a "lop". It is a recurrent notion, indeed there will be rumors and the possibility of a "lop" until there is a definitive event of some type, eh? The persistent debate regarding "lop" or "float" or "RV" have become tedious. I am invested and will stay the course at this point for better or worse.
9-5-2019 Newshound Guru MilitiaMan The AMF is complete in launching a special Index database for Iraqi Securities. They have it ready, as they calculated the index as being from 07/31/2019... They showcased the ISX with the NASDAQ months ago, yet to see a live connection and today we see the AMF having completed the calculation and the database for the financial markets with Iraq. The NASDAQ has rules and for stocks (securities) to trade on the platform need to be north of $2.00 USD in value and that requires when under $4.00 being standard. So, imo they cannot do it at any rate.. jmtc. When they go live we will be happy campers...
9-5-2019 Intel Guru RayRen98 MY BANK SOURCE IS TO REPORT "AT EXCHANGE LOCATION" AND THINKS HE WILL SEE US SOMETIME TODAY - THURSDAY. TIME WILL TELL.
9-5-2019 Intel Guru Frank26 ...the Central Bank of Iraq is on a major campaign right now. And it's happening so fast we can't keep up with it...there is a massive campaign that is out there right now by the Central Bank of Iraq to let everyone inside of Iraq know that they are going through a monetary reform...right now we're dealing with the interior of Iraq, the citizens, because if it doesn't work with them it's not gonna work with you. It's not gonna work with the international markets...this massive campaign is out in full force...it's exploded even more...the citizens are being primed. They're being pumped. They're being educated. They're being motivated. They're being stimulated...
9-5-2019 Intel Guru MarkZ No new rate reported yet from contacts in Iraq. I hear from all my sources in Iraq that they are totally done and waiting for the rest of the world ...They have to be very frustrated with us. I feel we are right on top of it based on Paymasters, attorneys, contacts in Europe and Iraq and Asia... articles around the world on gold standards and basel accords: ...so much points to it being ready to pop.
9-5-2019 Newshound Guru Kaperoni [I don't care how it gains value as long as something happens!] Well hopefully it will start in the next 3-6 months... Everyone...should be hoping that come the first of the year, the laws are passed and international investors are lined up to bring money into Iraq to rebuild and support a market economy. ...one thing is sure...Iraq expects 70 billion from private investors in 2020. ...70 billion USD is a lot of potential pressure for the CBI. [post 3 of 3]
9-5-2019 Newshound Guru Kaperoni [Ultimately isn't it the CBI that makes the decisions?] Yes the CBI has to do it. But no because Iraq has to follow the Stand By Agreements they signed in exchange for loans over the years with the UN, IMF and WB...And the IMF became the Trustee of the CBI in Dec 2015 per agreement signed. Therefore, I see the IMF directives going forward. And if you look at the success of the CBI since Dec 2015 their has been several successes including reducing the spread to within 2%, maintaining a stable exchange rate for over a year, and significant progress on money laundering. [post 2 of 3....stay tuned]
9-5-2019 Newshound Guru Kaperoni ...why would Iraq be working so hard to create a market economy and get private investment if they did not plan to follow the IMF directive to float the dinar? I believe that is why we have not seen the CBI do anything as of yet...The conditions for the float are not in place...meaning the laws and investment. ...People tell me all the time...We don't trust the IMF. Or what proof do we have the IMF is in charge. etc. Well my question is...when has the IMF been wrong with Iraq? When has Iraq not done what they IMF asked? [post 1 of 3....stay tuned]
9-4-2019 Newshound/Intel Guru Mnt Goat We made it to September and still no reinstatement. However, we do know we are at the cusp of the launching of the second set of smaller categories, this time in coins. It is coming soon. Just remember what I have told you about the process of “deleting the zeros” and what exactly is involved...This process of “deleting the zeros” alone does not get us to the banks to exchange. ...In fact it won’t really mean much to us in Iraq but it is an indicator to us of what is to follow. What will get us to the banks (and allow the banks to exchange) is the “reinstatement” of the Iraqi dinar on the global currency markets namely FOREX. There is nothing else that is going to allow us to exchange.
9-4-2019 Newshound Guru Kaperoni People want to associate me with some float theory. It's not a theory it's what the IMF has specifically asked the CBI to prepare for in 2013. That is a fact and subsequently the CBI has been making significant changes with monetary policy and economic conditions to accommodate such a move. That is a fact. That is not my theory.
9-4-2019 Newshound Guru Adam Montana I think it's more important to have a "big picture" mentality. If you adopt that, you'll realize that the more news we are seeing about "Oil and Gas", which is precisely the topic we want to hear about... the more we hear about it, the more we are going to see the words "delay", "issues", etc. My point is that if we are hearing those words more than we usually do... this is actually a GOOD thing. It means they are paying attention, my friends. It means they are actually working on the important stuff. That's enough to make me happy on this particular Wednesday. [post 2 of 2]
9-4-2019 Newshound Guru Adam Montana ...OIL has flattened out around $56. This is key to the coming weeks, where HCL is expected to be a key topic. If OIL was going nuts, we couldn't expect any solid HCL progress... Next - delays, holidays, corruption, oh my! ...There are times when I read the news and I think "this isn't going to help" - but there are other times when we can see a story and even though it uses the words "delay" or "holiday" or (*insert anything here), that doesn't mean "all is lost". [post 1 of 2....stay tuned]
9-4-2019 Intel Guru Frank26 What did we say that would be happening right now? A massive campaign of education to the citizens. You see it don't you? This massive campaign to get the message across to the citizens has been extremely successful...
9-4-2019 Intel Guru MarkZ My redemption center contacts are still at work waiting and expecting. They also work as wealth managers so try to keep busy. I have 4 contacts (boots on the ground) in Iraq. I hear there is a lot of articles out to educate the Iraqis…but no physical coins released yet. My contacts still expect the new rate at any time. I think we will have a great week this week. I know you guys are tired of hearing this...but based on everything happening... this is how I really feel.
9-4-2019 Newshound Guru Vital Brad [dinar exchange process] ...there's lots of different information coming out from different gurus. When Iraq's currency is reinstated...All major cities have a place where you can go exchange and deal in foreign currency. So you just go look up your local Forex banks in your area and you're gonna be able to trade it right there at the going rate...when you're dealing with large amounts of money there may be a restriction on withdrawal time. They may need time to get the funds...IMO there isn't gonna be a need to go to a specific location...I don't believe there's gonna be different rates that are offered...I've heard by calling these specific numbers you're gonna get a special higher rate than everyone else, I don't believe that to be true...I don't think it's gonna be as complicated as some people are making it out to be...
9-4-2019 Newshound Guru MilitiaMan Article: "Parliament holds its first legislative session after 10 Muharram" Quote: "Chapter III will be dedicated to controversial laws that were not agreed upon during previous sessions, such as oil and gas laws and the abolition of the offices of general inspectors and the Federal Court and other laws," ...they extend the session to apparently cover Mahdi's past pledge to the people...to have the reforms done in the current legislative period...which falls within the next 7 days...That means to me they will have to have the reforms such as the Oil & Gas done before they end the current session, the next session begins after the 10th of September. That requires imo an international rate to be done and applied, hence, the extension has been noted publicly today.
9-4-2019 Newshound Guru Jeff ...roughly 60% of their [Iraq's] citizens are roughly around the age 35 and under. So if the majority of their citizens are around 35 and younger they can't just start educating them on the deletion of the zeros many months ahead. They have to do it in close proximity to the the timing of the rate change so it stays fresh in their heads. And they just started that process 2 weeks ago...the information still strongly shows... that they have intentions of changing the rate in the second half of September...
9-4-2019 Newshound Guru Kaperoni People want to associate me with some float theory. It's not a theory it's what the IMF has specifically asked the CBI to prepare for in 2013. That is a fact and subsequently the CBI has been making significant changes with monetary policy and economic conditions to accommodate such a move. That is a fact. That is not my theory.
9-4-2019 Newshound Guru Adam Montana I think it's more important to have a "big picture" mentality. If you adopt that, you'll realize that the more news we are seeing about "Oil and Gas", which is precisely the topic we want to hear about... the more we hear about it, the more we are going to see the words "delay", "issues", etc. My point is that if we are hearing those words more than we usually do... this is actually a GOOD thing. It means they are paying attention, my friends. It means they are actually working on the important stuff. That's enough to make me happy on this particular Wednesday. [post 2 of 2]
9-4-2019 Newshound Guru Adam Montana ...OIL has flattened out around $56. This is key to the coming weeks, where HCL is expected to be a key topic. If OIL was going nuts, we couldn't expect any solid HCL progress... Next - delays, holidays, corruption, oh my! ...There are times when I read the news and I think "this isn't going to help" - but there are other times when we can see a story and even though it uses the words "delay" or "holiday" or (*insert anything here), that doesn't mean "all is lost". [post 1 of 2....stay tuned]
9-4-2019 Intel Guru Frank26 What did we say that would be happening right now? A massive campaign of education to the citizens. You see it don't you? This massive campaign to get the message across to the citizens has been extremely successful...
9-4-2019 Intel Guru MarkZ My redemption center contacts are still at work waiting and expecting. They also work as wealth managers so try to keep busy. I have 4 contacts (boots on the ground) in Iraq. I hear there is a lot of articles out to educate the Iraqis…but no physical coins released yet. My contacts still expect the new rate at any time. I think we will have a great week this week. I know you guys are tired of hearing this...but based on everything happening... this is how I really feel.
9-4-2019 Newshound Guru Vital Brad [dinar exchange process] ...there's lots of different information coming out from different gurus. When Iraq's currency is reinstated...All major cities have a place where you can go exchange and deal in foreign currency. So you just go look up your local Forex banks in your area and you're gonna be able to trade it right there at the going rate...when you're dealing with large amounts of money there may be a restriction on withdrawal time. They may need time to get the funds...IMO there isn't gonna be a need to go to a specific location...I don't believe there's gonna be different rates that are offered...I've heard by calling these specific numbers you're gonna get a special higher rate than everyone else, I don't believe that to be true...I don't think it's gonna be as complicated as some people are making it out to be...
9-4-2019 Newshound Guru MilitiaMan Article: "Parliament holds its first legislative session after 10 Muharram" Quote: "Chapter III will be dedicated to controversial laws that were not agreed upon during previous sessions, such as oil and gas laws and the abolition of the offices of general inspectors and the Federal Court and other laws," ...they extend the session to apparently cover Mahdi's past pledge to the people...to have the reforms done in the current legislative period...which falls within the next 7 days...That means to me they will have to have the reforms such as the Oil & Gas done before they end the current session, the next session begins after the 10th of September. That requires imo an international rate to be done and applied, hence, the extension has been noted publicly today.
9-4-2019 Newshound Guru Jeff ...roughly 60% of their [Iraq's] citizens are roughly around the age 35 and under. So if the majority of their citizens are around 35 and younger they can't just start educating them on the deletion of the zeros many months ahead. They have to do it in close proximity to the the timing of the rate change so it stays fresh in their heads. And they just started that process 2 weeks ago...the information still strongly shows... that they have intentions of changing the rate in the second half of September...
9-3-2019 Newshound Guru Kaperoni [via xyz] [what's the difference if the floating take an year to 1000%, which you call gradual vs 1000% in a month?] technically there is no difference but the pace and rate is set by the CBI. I don't know if they could reduce the money supply that fast. I think 6 months is realistic at a min.
9-3-2019 Intel Guru MarkZ I am very excited about this week still...i think we are right on top of the GCR...Based on what I’m hearing this should be our week. As far as 800 numbers...I feel we could see them tomorrow or Thursday at the latest…based on what we are hearing. What we also hear from the Iraqi contacts they expect to see a new CBI Governor and a new rate by Thursday. The rate they are expecting is $3.91 - $4.25...no one knows the exact time...We are all trying to figure this out based on news and sources .
9-3-2019 Newshound/Intel Guru RVAlready We can see CBI educating people and preparing to release this. Progress is certainly being made...
9-3-2019 Newshound Guru Kaperoni Several good articles...over the holiday weekend...talks about the upcoming parliament session. Over 150 laws that need to be passed including Oil & Gas law.
9-3-2019 Newshound Guru Jeff ...there was an article from yesterday that told you that they still have roughly 150 laws they call the controversial laws that they have to get approved and get finalized and get implemented...those 150 laws are post rate change laws...notice how they're hiding them from us and they're not telling us what all 150 are...but again it will happen after the rate change not before.
9-3-2019 Newshound Guru future A lop is the last thing iraq wants to do...a lop shows weakness, screws over their own citizens and sends a bad signal to investors...iraq cares about whats in their own borders. [an increase won't make them any richer, would it?] they get the purcashing power and their lives back...we get rich...they care about their country and their citizens...iraq is filthy rich we are nothing to them...['we' are nothing, what 'we' hold.] yep. we will find out soon. [but would you agree that we have been here before? expectng to find out] no they are bringing out the fils/coins...we havent had that.
9-3-2019 Newshound Guru Jeff ...they delayed parliament by two weeks. You know what they just told you guys? They don't have a damn thing to do. That's why they delayed this for 2 weeks. They have nothing left to do. What did I tell you 3 or 4 weeks ago? We don't want to see them do anything. And they just told you they don't have a damn thing to do. That's why they've delayed it by two weeks. You guys should be screaming with excitement right now...
9-3-2019 Intel Guru Frank26 ...the citizens are extremely excited and ready...The citizens have been shown by description. By pictures. By commercials about the ATM machines and MasterCards and the coins and the fill and so forth. The New small category notes that will be replacing the 3 zero notes...because they have explained to them the process of the lifting of the 3 zeros. All of this you have seen over and over and over gain...
9-3-2019 Newshound Guru MyLadies ...I'm not suggesting anyone get rid of it or sell it or whatever, I am simply saying there will not be overnight millionaires, the currency has a value and when it is excepted internationally there will be a trade to be made and the current value will be leveraged at an institutional level and a private level for those holding enough...currently the dinar sits at 1190 if the value raises against the dollar to even 1130 1140 1150 that is a good day in the currency trading arena.... [post 2 of 2]
9-3-2019 Intel Guru MarkZ I am very excited about this week still...i think we are right on top of the GCR...Based on what I’m hearing this should be our week. As far as 800 numbers...I feel we could see them tomorrow or Thursday at the latest…based on what we are hearing. What we also hear from the Iraqi contacts they expect to see a new CBI Governor and a new rate by Thursday. The rate they are expecting is $3.91 - $4.25...no one knows the exact time...We are all trying to figure this out based on news and sources .
9-3-2019 Newshound/Intel Guru RVAlready We can see CBI educating people and preparing to release this. Progress is certainly being made...
9-3-2019 Newshound Guru Kaperoni Several good articles...over the holiday weekend...talks about the upcoming parliament session. Over 150 laws that need to be passed including Oil & Gas law.
9-3-2019 Newshound Guru Jeff ...there was an article from yesterday that told you that they still have roughly 150 laws they call the controversial laws that they have to get approved and get finalized and get implemented...those 150 laws are post rate change laws...notice how they're hiding them from us and they're not telling us what all 150 are...but again it will happen after the rate change not before.
9-3-2019 Newshound Guru future A lop is the last thing iraq wants to do...a lop shows weakness, screws over their own citizens and sends a bad signal to investors...iraq cares about whats in their own borders. [an increase won't make them any richer, would it?] they get the purcashing power and their lives back...we get rich...they care about their country and their citizens...iraq is filthy rich we are nothing to them...['we' are nothing, what 'we' hold.] yep. we will find out soon. [but would you agree that we have been here before? expectng to find out] no they are bringing out the fils/coins...we havent had that.
9-3-2019 Newshound Guru Jeff ...they delayed parliament by two weeks. You know what they just told you guys? They don't have a damn thing to do. That's why they delayed this for 2 weeks. They have nothing left to do. What did I tell you 3 or 4 weeks ago? We don't want to see them do anything. And they just told you they don't have a damn thing to do. That's why they've delayed it by two weeks. You guys should be screaming with excitement right now...
9-3-2019 Intel Guru Frank26 ...the citizens are extremely excited and ready...The citizens have been shown by description. By pictures. By commercials about the ATM machines and MasterCards and the coins and the fill and so forth. The New small category notes that will be replacing the 3 zero notes...because they have explained to them the process of the lifting of the 3 zeros. All of this you have seen over and over and over gain...
9-3-2019 Newshound Guru MyLadies ...I'm not suggesting anyone get rid of it or sell it or whatever, I am simply saying there will not be overnight millionaires, the currency has a value and when it is excepted internationally there will be a trade to be made and the current value will be leveraged at an institutional level and a private level for those holding enough...currently the dinar sits at 1190 if the value raises against the dollar to even 1130 1140 1150 that is a good day in the currency trading arena.... [post 2 of 2]
9-2-2019 Newshound Guru MyLadies In my opinion it's really just a common sense issue...Iraq is not in a vacuum and the biggest pill to swallow is the one where we finally have to admit to ourselves that we were just foolish and uneducated and gullible and dazzled by bull**** to think we would be millionaires overnight...Those who choose to accept what deleting the zeros...will be able to make a plan. Those that do not will be most likely jumping off bridges...I am not saying there is no money to be made with the dinar, and... [post 1 of 2....stay tuned]
9-2-2019 Intel Guru Eagleone2025 AS I SAID IN APRIL THERE WOULD BE THREE WINDOWS. SEPT- OCT IS THE THIRD WINDOW. AS I SAID SEE YOU IN SEPT. WE ARE HERE IN SEPT- OCT JUST LIKE MY SOURCES SAID. NOW WE WAIT AND SEE. NOT MANY WANTED TO HEAR THAT BUT THAT IS TRUTH. ALL WH AND MILITARY GOVT CONTACTS SAID IT WOULD BE SEPT- OCT. MID SEPT IS A CLOSER TIME FRAME.
9-2-2019 Intel Guru MarkZ [via PDK] A lot of rumors about liquidity tomorrow...I am very upbeat about where we are today. I am hearing from my Iraq contacts is that there is supposed to be a new a new rate there...not released to the world yet... contacts had gone very quiet...could be they are busy with work or sometimes Iraq squashes communications. One of my best contacts in Iraq is a contractor helping to rebuild the infrastructure...at this point they tell me over 90% have their new cards…they will have a gold backed electronic currency. [When do you think the 800 numbers will come out?] Based on what we are hearing- My guess is that we will see them by noon tomorrow.
9-2-2019 Newshound Guru larrykn ...I'm not sure about that where it will start. I still remember that article that talked about testing their rate at $1.13 to 122. why would they do that if they were going to start at 1190...but even if it did, I don't think it would take that long before we would see where we could be very happy, they have been working on bring investors into Iraq so when they do go to Art 8 that will be the lauch for the currency to start to move and I think it will move quickly. I know a lot of you don't like Kaps [Guru Kaperoni] theory but he might have a good point, Time will tell. the other thing is they are talking about bringing out the coins, doing that at 1190 would mean the cost of the coins would be more then their value.
9-2-2019 Intel Guru Frank26 In my opinion all that is required to make the announcement of their monetary reform change, [is] to make the announcement that they are article VIII. That they have lifted the 3 zeros from their exchange rate. All of this is ready to go...the economic reform has been sitting and waiting for the financial reform to be official...you get those two in and every company will pour into Iraq to rebuild it...
9-2-2019 Intel Guru Delta Article quote: "The Teller can now trade demo and educational through the application to participate in the stock exchange, and send the name of the exchange company and mobile phone and the name of the person authorized to deal in the stock exchange on e-mail or communicate via WhatsApp to get the link to the program." HUGE INFO IN...NEW SOFTWARE TO BUY AND SELL FOREIGN CURRENCY...
9-2-2019 Newshound Guru Kaperoni It's funny how the gurus keep saying over and over that there will be no float, but yet Iraq is doing everything to prepare for a float by building a market economy and encouraging private investment. If we are ever going to get any financial gain from the dinar it's going to come from a float, meaning the currency appreciates gradually over time thus allowing the Central Bank of Iraq to collect the currency in circulation.
9-2-2019 Intel Guru Eagleone2025 AS I SAID IN APRIL THERE WOULD BE THREE WINDOWS. SEPT- OCT IS THE THIRD WINDOW. AS I SAID SEE YOU IN SEPT. WE ARE HERE IN SEPT- OCT JUST LIKE MY SOURCES SAID. NOW WE WAIT AND SEE. NOT MANY WANTED TO HEAR THAT BUT THAT IS TRUTH. ALL WH AND MILITARY GOVT CONTACTS SAID IT WOULD BE SEPT- OCT. MID SEPT IS A CLOSER TIME FRAME.
9-2-2019 Intel Guru MarkZ [via PDK] A lot of rumors about liquidity tomorrow...I am very upbeat about where we are today. I am hearing from my Iraq contacts is that there is supposed to be a new a new rate there...not released to the world yet... contacts had gone very quiet...could be they are busy with work or sometimes Iraq squashes communications. One of my best contacts in Iraq is a contractor helping to rebuild the infrastructure...at this point they tell me over 90% have their new cards…they will have a gold backed electronic currency. [When do you think the 800 numbers will come out?] Based on what we are hearing- My guess is that we will see them by noon tomorrow.
9-2-2019 Newshound Guru larrykn ...I'm not sure about that where it will start. I still remember that article that talked about testing their rate at $1.13 to 122. why would they do that if they were going to start at 1190...but even if it did, I don't think it would take that long before we would see where we could be very happy, they have been working on bring investors into Iraq so when they do go to Art 8 that will be the lauch for the currency to start to move and I think it will move quickly. I know a lot of you don't like Kaps [Guru Kaperoni] theory but he might have a good point, Time will tell. the other thing is they are talking about bringing out the coins, doing that at 1190 would mean the cost of the coins would be more then their value.
9-2-2019 Intel Guru Frank26 In my opinion all that is required to make the announcement of their monetary reform change, [is] to make the announcement that they are article VIII. That they have lifted the 3 zeros from their exchange rate. All of this is ready to go...the economic reform has been sitting and waiting for the financial reform to be official...you get those two in and every company will pour into Iraq to rebuild it...
9-2-2019 Intel Guru Delta Article quote: "The Teller can now trade demo and educational through the application to participate in the stock exchange, and send the name of the exchange company and mobile phone and the name of the person authorized to deal in the stock exchange on e-mail or communicate via WhatsApp to get the link to the program." HUGE INFO IN...NEW SOFTWARE TO BUY AND SELL FOREIGN CURRENCY...
9-2-2019 Newshound Guru Kaperoni It's funny how the gurus keep saying over and over that there will be no float, but yet Iraq is doing everything to prepare for a float by building a market economy and encouraging private investment. If we are ever going to get any financial gain from the dinar it's going to come from a float, meaning the currency appreciates gradually over time thus allowing the Central Bank of Iraq to collect the currency in circulation.
9-1-2019 Newshound/Intel Guru Mnt Goat Article: "COINED MONEY SERVES INTERNAL BUSINESS DEALINGS" Quote: “The change of currency means that a new currency will replace an old currency, with a fixed exchange rate and the zeros of the old currency will be removed or the decimal levels are moved to the left,” he said. for financial trading to support the national economy.” ...this article is NOT about moving to FOREX, not yet. So, when they do change the rate it will be fixed. They can not put the program CBI rate on a float. They have told this many times...
9-1-2019 Newshound Guru Jeff How is Iraq going to fund this? There is no funding in this. It's a currency swap. Nothing more. It's real simple. In the beginning you traded US dollars to get dinar. On the back-end you're going to trade dinar back in for US dollars. No body is funding a damn thing. It's called a currency swap...there is no "funding" of anything. It's a currency swap. This doesn't cost Iraq a damn thing to do...
9-1-2019 Newshound/Intel Guru Mnt Goat Article: "NEWS: ON IRAQ'S ACCESSION TO THE WORLD TRADE ORGANIZATION (WTO)." Yes, Iraq will need a currency to join the WTO. Oh – but they have a currency now. But can it be used easily in trade? NO! That is the problem here. This is why they need to reinstate it. So they DO NOT need to be on FOREX but it sure helps in trading globally to be able to tie into the currency exchanges electronically to get the current exchange rate for the conversion...
9-1-2019 Newshound Guru Jeff if they're telling you two currencies will coexist that means they stand valid and legit...it doesn't mean a 25k became a 25...They flat out told you the two currencies will coexist. That means the large notes are still valid. And the small denoms after the rate change are still valid. There is no other direction you can go with this...because they're different sized notes that have different values. A 25k note still is a 25k...a 25 note is just that, it's a 25. There is no grey areas...as an example, if the USD value...was $3 then it's very simple. A 25k times $3 is now worth $75,000 and a 25 times 3 is worth $75. It's that simple.
9-1-2019 Newshound Guru Kaperoni I still do not believe the CBI will make any monetary change until after the economic laws are in place and the budget is passed for 2020. One thing I'm very certain is Article VIII is coming because that has been well laid out in the IMF Art IV Consultations and more importantly Iraq wants to activate the TIFA Agreement with the United States. Freedom of movement of capital is a necessity.
9-1-2019 Newshound Guru Jeff How is Iraq going to fund this? There is no funding in this. It's a currency swap. Nothing more. It's real simple. In the beginning you traded US dollars to get dinar. On the back-end you're going to trade dinar back in for US dollars. No body is funding a damn thing. It's called a currency swap...there is no "funding" of anything. It's a currency swap. This doesn't cost Iraq a damn thing to do...
9-1-2019 Newshound/Intel Guru Mnt Goat Article: "NEWS: ON IRAQ'S ACCESSION TO THE WORLD TRADE ORGANIZATION (WTO)." Yes, Iraq will need a currency to join the WTO. Oh – but they have a currency now. But can it be used easily in trade? NO! That is the problem here. This is why they need to reinstate it. So they DO NOT need to be on FOREX but it sure helps in trading globally to be able to tie into the currency exchanges electronically to get the current exchange rate for the conversion...
9-1-2019 Newshound Guru Jeff if they're telling you two currencies will coexist that means they stand valid and legit...it doesn't mean a 25k became a 25...They flat out told you the two currencies will coexist. That means the large notes are still valid. And the small denoms after the rate change are still valid. There is no other direction you can go with this...because they're different sized notes that have different values. A 25k note still is a 25k...a 25 note is just that, it's a 25. There is no grey areas...as an example, if the USD value...was $3 then it's very simple. A 25k times $3 is now worth $75,000 and a 25 times 3 is worth $75. It's that simple.
9-1-2019 Newshound Guru Kaperoni I still do not believe the CBI will make any monetary change until after the economic laws are in place and the budget is passed for 2020. One thing I'm very certain is Article VIII is coming because that has been well laid out in the IMF Art IV Consultations and more importantly Iraq wants to activate the TIFA Agreement with the United States. Freedom of movement of capital is a necessity.
8-31-2019 Intel Guru RayRen98 A member overheard some tellers reviewing their procedures on directing currency exchangers to their 800 number.
8-31-2019 Intel Guru Frank26 ...the CBI, nobody else can say they have reinstated their currency. So I'm begging you don't be misled right now. Don't give your dinars to anybody because of greed or maybe because you think this is not going to happen. Don't do that...
8-31-2019 Intel/Newshound Guru sandyf [...you are the first person that I have seen move the decimal points on the value of the dinar (1190 to 1.190) as opposed to the zeroes on the currency itself (25,000 to 25)] It is effectively the same thing, depends if you are talking domestic or international. Within the country concerned dual pricing would come into effect. In the case of Iraq for example, a loaf of bread would be either 1000 dinar note of IQD or a 1 dinar note of the new currency. Internationally the IQD would no longer have any recognized value and the value of the new currency would start at 1000th of the IQD rate on the day the redenomination was implemented. Within Iraq the IQD would retain an equivalence of 1000:1 for a specified transition period and thereafter only exchangeable at a specific banks.
8-31-2019 Newshound/Intel Guru Mnt Goat Article: "HOW MUCH CURRENCY IS ALLOWED UNDER NEW RULES TO ENTER AND EXIT IRAQ?" Quote: "One of the decisions stipulates that "the entry and exit of amounts exceeding (1,000,000) (one million Iraqi dinars) is prohibited even if they have been declared, and the amount is withheld and legal proceedings are taken." Oops they spilled the beans in this last paragraph of the article… Now why in hell would they be restricting 1 million dinars when this is only about $1,000 USD? They just told us anything below $10,000 USD is not restricted in an earlier paragraph. So why then tell us in a later paragraph that 1 million dinars is restricted when the equivalent exchange in only equal to $1,000 USD? To me it should be acceptable if the rate was going to remain as it is today. Right? Am I missing something here? So maybe the rate is going to go to at least a busk [buck?] or more. Get it? This is one of those revealing articles.
8-31-2019 Intel Guru Frank26 ...these electronic billboards are really very vital in the reinstatement, in the education to the citizens...it's for the reinstatement of the Iraq Dinar...the dog-gone broadcast was talking about lifting the 3 zeros and the coins...but now they've got flatbed trucks running and it's on them now...this type of campaign to advertise something, they're putting a lot into it...they're on the verge of making an announcement. I don't know when. I don't know how much. But based on what they're doing and what they're telling...They're on the verge...they are this close to touching the face of the reinstatement of the Iraqi Dinar...I can taste the evidence...all they're doing right now is educating the citizens. Preparing them...
8-31-2019 Newshound Guru Jeff ...the CBI said back in 2014 that their #1 thing they were seeking was political stability. So they're telling you that the formation and complete government is the linchpin...the UN clearly announced that there's one position remaining - the Education Minister...this whole thing is scripted...we have them attempting to complete the government in September...3 weeks ago you had them bring a ton of reconstruction money into Iraq specifically for the 2019 budget...there's only one quarter left. Any reconstruction is post rate change event. If they're gonna use that money in Q4 then they have to walk into Q4 with a new rate in hand. That means they have to change the rate in September. It's very cut and dry...
8-31-2019 Newshound Guru MilitiaMan Question: "I DID ASK TBI BANK IF I CAN USE MASTER CARD ABROAD...ANSWER FROM TBI" Answer: "you can use it in withdrawals from ATMs and direct purchase from the points of sale as well as in the Internet such as subscriptions and airline reservations, hotels, shopping sites and promotion in social networking pages in any country of the world except Brazil, Indonesia, Syria and Iran." Wow, Trade Bank is telling us they are international on a Friday when banks are closed... Fascinating...! ...all the facts in place now are evidence the end results for the completion of Monetary Reforms is coming to a close! Yes, international cards being used from here on out from the looks of it...
8-31-2019 Newshound/Intel Guru Mnt Goat I have to tell everyone right now it appears that everything is on track to move ahead with the project to delete the zeros and launch the smaller category coins and maybe some notes too. We are about to move to the next and final stag...
8-31-2019 Intel Guru Frank26 ...the CBI, nobody else can say they have reinstated their currency. So I'm begging you don't be misled right now. Don't give your dinars to anybody because of greed or maybe because you think this is not going to happen. Don't do that...
8-31-2019 Intel/Newshound Guru sandyf [...you are the first person that I have seen move the decimal points on the value of the dinar (1190 to 1.190) as opposed to the zeroes on the currency itself (25,000 to 25)] It is effectively the same thing, depends if you are talking domestic or international. Within the country concerned dual pricing would come into effect. In the case of Iraq for example, a loaf of bread would be either 1000 dinar note of IQD or a 1 dinar note of the new currency. Internationally the IQD would no longer have any recognized value and the value of the new currency would start at 1000th of the IQD rate on the day the redenomination was implemented. Within Iraq the IQD would retain an equivalence of 1000:1 for a specified transition period and thereafter only exchangeable at a specific banks.
8-31-2019 Newshound/Intel Guru Mnt Goat Article: "HOW MUCH CURRENCY IS ALLOWED UNDER NEW RULES TO ENTER AND EXIT IRAQ?" Quote: "One of the decisions stipulates that "the entry and exit of amounts exceeding (1,000,000) (one million Iraqi dinars) is prohibited even if they have been declared, and the amount is withheld and legal proceedings are taken." Oops they spilled the beans in this last paragraph of the article… Now why in hell would they be restricting 1 million dinars when this is only about $1,000 USD? They just told us anything below $10,000 USD is not restricted in an earlier paragraph. So why then tell us in a later paragraph that 1 million dinars is restricted when the equivalent exchange in only equal to $1,000 USD? To me it should be acceptable if the rate was going to remain as it is today. Right? Am I missing something here? So maybe the rate is going to go to at least a busk [buck?] or more. Get it? This is one of those revealing articles.
8-31-2019 Intel Guru Frank26 ...these electronic billboards are really very vital in the reinstatement, in the education to the citizens...it's for the reinstatement of the Iraq Dinar...the dog-gone broadcast was talking about lifting the 3 zeros and the coins...but now they've got flatbed trucks running and it's on them now...this type of campaign to advertise something, they're putting a lot into it...they're on the verge of making an announcement. I don't know when. I don't know how much. But based on what they're doing and what they're telling...They're on the verge...they are this close to touching the face of the reinstatement of the Iraqi Dinar...I can taste the evidence...all they're doing right now is educating the citizens. Preparing them...
8-31-2019 Newshound Guru Jeff ...the CBI said back in 2014 that their #1 thing they were seeking was political stability. So they're telling you that the formation and complete government is the linchpin...the UN clearly announced that there's one position remaining - the Education Minister...this whole thing is scripted...we have them attempting to complete the government in September...3 weeks ago you had them bring a ton of reconstruction money into Iraq specifically for the 2019 budget...there's only one quarter left. Any reconstruction is post rate change event. If they're gonna use that money in Q4 then they have to walk into Q4 with a new rate in hand. That means they have to change the rate in September. It's very cut and dry...
8-31-2019 Newshound Guru MilitiaMan Question: "I DID ASK TBI BANK IF I CAN USE MASTER CARD ABROAD...ANSWER FROM TBI" Answer: "you can use it in withdrawals from ATMs and direct purchase from the points of sale as well as in the Internet such as subscriptions and airline reservations, hotels, shopping sites and promotion in social networking pages in any country of the world except Brazil, Indonesia, Syria and Iran." Wow, Trade Bank is telling us they are international on a Friday when banks are closed... Fascinating...! ...all the facts in place now are evidence the end results for the completion of Monetary Reforms is coming to a close! Yes, international cards being used from here on out from the looks of it...
8-31-2019 Newshound/Intel Guru Mnt Goat I have to tell everyone right now it appears that everything is on track to move ahead with the project to delete the zeros and launch the smaller category coins and maybe some notes too. We are about to move to the next and final stag...
8-30-2019 Newshound Guru Jeff ...the UN is seeking to get Iraq ready to become International...the UN was just in Iraq back in July. The UN is back in Iraq now...back in July...they were only there for the consultation. They weren't reviewing all of Iraq's progress. The only reason why the UN would be reviewing Iraq's progress...is because Iraq is advancing to their next stage. They're becoming international. This is huge. That's why I have brought such a large emphasis on the month of September...You have the UN in Iraq. You have Iraq telling you they're gonna finish the formation of the government. This is huge...
8-30-2019 Newshound Guru Kaperoni Iraq is a risky country. And most banks will not deal with the dinar even when they move to Article VIII. At least initially anyway. So for gurus to be talking about cashing in/rates/spreads it's all nonsense at this time. One of the reasons banks will avoid the dinar is because of its potential to be volatile. Most banks by nature are conservative and avoid these types of currencies. That is why I never really discuss the next step of cashing out/exchanging is because until the dinar is internationally convertible (Article VIII) and used in commerce there is no point. And if the dinar floats and gradually appreciates as we expect, it's a whole different process as investors may have to get involved with market makers/brokers or dealers to set up accounts. Time will tell.
8-30-2019 Intel Guru RayRen98 A BANK SOURCE HAS REPORTED A "CODE" CHANGE OCCURRED TODAY CAUSING THEM TO EXPERIENCE EXTREME EXCITEMENT! $$$$
8-30-2019 Intel Guru Frank26 ...my broker one day called me and said 'we're gonna have to limit the amount of dinars that we sell to 1 million per customer' ...The CBI said 'we're not going to sell our currency to any brokers, any dealers any money exchangers no more...and the CBI stopped selling its currency. (They only did it by selling through the auction) ...now with what...we told you yesterday Whales and sharks cannot go inside Iraq and come out with a whole bunch of dinars...they tightened up their borders and this is fantastic. And you don't do this for toilet paper currency. You don't do it for a program rate. You do it to secure your borders because you're about to have a currency that is so valuable that it's going to become a pivotal currency in the heart of the Middle East... [Reference Guru Frank26 post 8-30-2019]
8-30-2019 Newshound Guru Jeff ...keep in mind Iraq is still under UN Chapter 7 sanctions...Notice how the UN is back in Iraq over the last few days...Iraq is fulfilling its obligations to get out of Ch. 7 to become international. And notice how they're doing it in Q3. Article quote "Commitment show by Iraq in fulfilling all remaining international obligations..." This is showing you Iraq is on its way out of Ch 7 and that's why the UN is there now. This is huge...
8-30-2019 Intel Guru MarkZ We are down to crunch time if they indeed want this done before Sept. 1st. European contacts now say liquidity and release of all holds on accounts will occur over the weekend. I don’t think it’s can kicking…just logistics /coordination as Iraq says they want it done by the 1st. I hear in Iraq that the new rate will be between $3.91-$4.25. My contacts at redemption centers are on call this weekend and have been asked not to go more than 50 miles away this weekend. I think we are at the tail end of this and will see something happen Sunday and Monday.
8-30-2019 Newshound Guru Kaperoni Some might look at this IMF directive as "old news" but it's not. These directives don't change and take time to impliment. And in the case with Iraq it took them 5-6 years to accomplish. With of course the help of the IMF stepping in, in December 2015 signing an agreement to become trustee and facilitating/oversight on monetary reforms at the CBI.
8-30-2019 Intel Guru Frank Article "Issuing a package of decision related to the entry and exit of funds across the Iraqi borders" ...today [Wednesday] the CBI came out and said...for now on anything less than $10,000 American dollars can enter Iraq and it can leave Iraq...$10,000 to $20,000 American dollars requires documentation...anything more than 1 million IQD coming in or out of Iraq is not allowed...Is 1 million IQD equal to $20,000 American Dollars?...Is this the initial exchange rate?...that was an interesting article.
8-30-2019 Newshound Guru Kaperoni Iraq is a risky country. And most banks will not deal with the dinar even when they move to Article VIII. At least initially anyway. So for gurus to be talking about cashing in/rates/spreads it's all nonsense at this time. One of the reasons banks will avoid the dinar is because of its potential to be volatile. Most banks by nature are conservative and avoid these types of currencies. That is why I never really discuss the next step of cashing out/exchanging is because until the dinar is internationally convertible (Article VIII) and used in commerce there is no point. And if the dinar floats and gradually appreciates as we expect, it's a whole different process as investors may have to get involved with market makers/brokers or dealers to set up accounts. Time will tell.
8-30-2019 Intel Guru RayRen98 A BANK SOURCE HAS REPORTED A "CODE" CHANGE OCCURRED TODAY CAUSING THEM TO EXPERIENCE EXTREME EXCITEMENT! $$$$
8-30-2019 Intel Guru Frank26 ...my broker one day called me and said 'we're gonna have to limit the amount of dinars that we sell to 1 million per customer' ...The CBI said 'we're not going to sell our currency to any brokers, any dealers any money exchangers no more...and the CBI stopped selling its currency. (They only did it by selling through the auction) ...now with what...we told you yesterday Whales and sharks cannot go inside Iraq and come out with a whole bunch of dinars...they tightened up their borders and this is fantastic. And you don't do this for toilet paper currency. You don't do it for a program rate. You do it to secure your borders because you're about to have a currency that is so valuable that it's going to become a pivotal currency in the heart of the Middle East... [Reference Guru Frank26 post 8-30-2019]
8-30-2019 Newshound Guru Jeff ...keep in mind Iraq is still under UN Chapter 7 sanctions...Notice how the UN is back in Iraq over the last few days...Iraq is fulfilling its obligations to get out of Ch. 7 to become international. And notice how they're doing it in Q3. Article quote "Commitment show by Iraq in fulfilling all remaining international obligations..." This is showing you Iraq is on its way out of Ch 7 and that's why the UN is there now. This is huge...
8-30-2019 Intel Guru MarkZ We are down to crunch time if they indeed want this done before Sept. 1st. European contacts now say liquidity and release of all holds on accounts will occur over the weekend. I don’t think it’s can kicking…just logistics /coordination as Iraq says they want it done by the 1st. I hear in Iraq that the new rate will be between $3.91-$4.25. My contacts at redemption centers are on call this weekend and have been asked not to go more than 50 miles away this weekend. I think we are at the tail end of this and will see something happen Sunday and Monday.
8-30-2019 Newshound Guru Kaperoni Some might look at this IMF directive as "old news" but it's not. These directives don't change and take time to impliment. And in the case with Iraq it took them 5-6 years to accomplish. With of course the help of the IMF stepping in, in December 2015 signing an agreement to become trustee and facilitating/oversight on monetary reforms at the CBI.
8-30-2019 Intel Guru Frank Article "Issuing a package of decision related to the entry and exit of funds across the Iraqi borders" ...today [Wednesday] the CBI came out and said...for now on anything less than $10,000 American dollars can enter Iraq and it can leave Iraq...$10,000 to $20,000 American dollars requires documentation...anything more than 1 million IQD coming in or out of Iraq is not allowed...Is 1 million IQD equal to $20,000 American Dollars?...Is this the initial exchange rate?...that was an interesting article.
8-29-2019 Newshound/Intel Guru Mnt Goat 5. we find out that the currency reform is in FACT now part of the country wide reform package. Article Quote: "part of the currency restructuring plan and banks includes the creation of coins for trades. Finance to support the national economy." But remember they are not saying anything in the article on the process about reinstating the dinar on the global currency exchanges. At least not now. They probably won’t either since they are so close. If they do it will be be after the event...As you should know this is when we go to the bank and not before... [post 3 of 3]
8-29-2019 Newshound/Intel Guru Mnt Goat 4.they are telling us the coins will be used in trade with other countries. Does this mean the currency auctions using only US dollars for trade will stop? It appears they will have to if this article is correct. Remember using the dinar will create a demand for it. When this happens it will become more valuable outside of Iraq...the value will rise, thus the rate will have to rise too. [post 2 of 3....stay tuned]
8-29-2019 Newshound/Intel Guru Mnt Goat so this is one of the WOW articles we have been waiting for. 1. they just told us they passed the needed legislation in parliament needed by the CBI to get the coins re-minted and in circulation... 2. it is the re-education article we have all been waiting for so long. Its here and we should be all jumping up and down for joy; 3. repeatedly whenever they talk about the coins they also talk about the project to delete the zeros in the same breath so we know for sure they fully intend to do both concurrently. This is exactly what we need to get the increase in rate of the dinar; [post 1 of 3....stay tuned]
8-29-2019 Newshound Guru Kaperoni And as I've said before they cannot reduce the money supply...because Iraq currently utilizes a currency auction to stabilize the currency and provide a source of foreign exchange for imports. This technique requires a balance... between the dinar and the dollar any shortage of one or the other creates demand and effects the stability. Therefore reduction of the money supply cannot occur at this time. Once they float the currency and begin international commerce Iraq no longer will need the auctions and can reduce the money supply gradually as the currency appreciates. [post 2 of 2]
8-29-2019 Newshound Guru Kaperoni I do not believe Iraq would LOP or re-denominate the currency, the IMF certainly has not stated such and Iraq has demonstrated for several years a successful monetary policy including over the last year and a half where they've maintained a 2% spread or less. But I also don't believe they could ever substantially RV/RI the currency because there's just too much currency in circulation. People doubt the fact that the CBI and IMF have reported in excess of 42 trillion. It's in print for all to see. [post 1 of 2....stay tuned]
8-29-2019 Newshound Guru MyLadies ...Article: "Parliamentary Finance Committee intends to raise the price of the dinar against the dollar and give it strength among other currencies" ...IT SAYS THAT THEY ARE GOING TO DELETE ZEROS (CUT, REMOVE, LOP) FROM THE CURRENCY. THEN THEY ARE GOING TO INTRODUCE NEW CURRENCY EITHER COINS OR PAPER AND THEY ARE GOING TO RAISE THE VALUE AGAINST THE DOLLAR. BASICALLY, THEY ARE GOING TO DO EXACTLY WHAT TURKMENASTAN DID... PREPARE YOURSELVES FOR IRAQ TO DO THE EXACT SAME THING AS EVERY OTHER COUNTRY THAT DROPPED ZERO’S. THINGS ARE NOT GOING TO GO WELL FOR THE MASSES... [Post 2 of 2] [NOTE: Stay tuned as the Guru's chime in on the lop debate.]
8-29-2019 Newshound Guru MyLadies ...I WANT TO TALK ABOUT HOW A CURRENCY REDENOMINATES....HERE FROM THE IMF..."On occasion, a country must introduce a new currency. Turkmenistan..decided in 2008 to undertake a currency reform. A major gap between the official exchange rate and the informal or market rate meant that Turkmenistan’s price system had become complex and inefficient." [NOTE: Other gurus say the Iraqi Dinar "gap" is less than 2% and within the IMF's guidelines] "...Hyperinflation and exchange rate collapse slash the value of a national currency, forcing the issuance of banknotes in ever higher denominations." [NOTE: Other gurus say Iraq's inflation has been under control for 10 years and there is no hyperinflation ] ..."In itself, a redenomination makes no one richer or poorer..." ...I JUST WANT YOU TO UNDERSTAND THAT THERE WAS NO MONEY TO MADE WHEN TURKMENISTAN REDENOMINATED. [Post 1 of 2....stay tuned] [See the left side of this page for the CBI's latest official and market rates.]
8-29-2019 Intel Guru MarkZ All my Iraqi contacts are still expecting the new rate this week. They want to have it out by the first…Many articles about the new coins coming out…why would you need a coin worth a fraction of a penny? ...they have to have a new rate if they release the coins… My people are at work in redemption centers today...Tomorrow we will find out if they are on call again this weekend or if they are scheduled to work. My gut feeling is we will see it on Saturday...just my opinion...last day of the month and Sunday is iraqs first day of the week and the first day of the new month.
8-29-2019 Newshound Guru Adam Montana ...We saw almost no HCL news prior to the $60 mark, and then it started to come out in the news. That meant the Iraqi Parliament was working on items that are necessary to accomplish a finalization, and that is a key component to the RV. ...A lot of things contribute to the price of OIL, the world economy, and everything else that can have an impact on when Iraq decides to raise the value - this is just one of those things, but I believe it is a major component. Lots of people are saying September is looking good. I am leaning toward agreeing. Time, and hopefully not much of it, will tell. [post 2 of 2]
8-29-2019 Newshound Guru Adam Montana Article: "Parliament: Oil Committee intends to host Abdul Mahdi and the Ministers of Finance and Oil" ...The topic at hand is quiet simple - OIL. ...earlier this year, I personally set a target of $60 (WTI) that I felt was necessary before Iraq would feel confident enough to start moving on a significant change in the exchange rate. (“RV” is short for “ReValuation”, which will be a significant change in the exchange rate…for those of you new to the situation) [post 1 of 2....stay tuned]
8-29-2019 Intel Guru Frank ...It is my opinion that the banks of the United States of American are going to be charging anywhere from 1% to 2% - at the highest 3% spread [To exchange]...this could be good news for us. Let's see what happens when we finally find out. I can't see them reinstating the currency in Iraq and then all of a sudden changing the spread...
8-29-2019 Newshound/Intel Guru Mnt Goat Article: "RECENT PARLIAMENTARY VOTES HAVE BEEN RAISED CALLING FOR THE REINTRODUCTION OF COINS" ...here is one of the articles I told everyone to be watching for. This includes the passing of the needed law by parliament to re-mint the coins and reintroduce them. Its now DONE as they just told us in this article.
8-29-2019 Newshound/Intel Guru Mnt Goat 4.they are telling us the coins will be used in trade with other countries. Does this mean the currency auctions using only US dollars for trade will stop? It appears they will have to if this article is correct. Remember using the dinar will create a demand for it. When this happens it will become more valuable outside of Iraq...the value will rise, thus the rate will have to rise too. [post 2 of 3....stay tuned]
8-29-2019 Newshound/Intel Guru Mnt Goat so this is one of the WOW articles we have been waiting for. 1. they just told us they passed the needed legislation in parliament needed by the CBI to get the coins re-minted and in circulation... 2. it is the re-education article we have all been waiting for so long. Its here and we should be all jumping up and down for joy; 3. repeatedly whenever they talk about the coins they also talk about the project to delete the zeros in the same breath so we know for sure they fully intend to do both concurrently. This is exactly what we need to get the increase in rate of the dinar; [post 1 of 3....stay tuned]
8-29-2019 Newshound Guru Kaperoni And as I've said before they cannot reduce the money supply...because Iraq currently utilizes a currency auction to stabilize the currency and provide a source of foreign exchange for imports. This technique requires a balance... between the dinar and the dollar any shortage of one or the other creates demand and effects the stability. Therefore reduction of the money supply cannot occur at this time. Once they float the currency and begin international commerce Iraq no longer will need the auctions and can reduce the money supply gradually as the currency appreciates. [post 2 of 2]
8-29-2019 Newshound Guru Kaperoni I do not believe Iraq would LOP or re-denominate the currency, the IMF certainly has not stated such and Iraq has demonstrated for several years a successful monetary policy including over the last year and a half where they've maintained a 2% spread or less. But I also don't believe they could ever substantially RV/RI the currency because there's just too much currency in circulation. People doubt the fact that the CBI and IMF have reported in excess of 42 trillion. It's in print for all to see. [post 1 of 2....stay tuned]
8-29-2019 Newshound Guru MyLadies ...Article: "Parliamentary Finance Committee intends to raise the price of the dinar against the dollar and give it strength among other currencies" ...IT SAYS THAT THEY ARE GOING TO DELETE ZEROS (CUT, REMOVE, LOP) FROM THE CURRENCY. THEN THEY ARE GOING TO INTRODUCE NEW CURRENCY EITHER COINS OR PAPER AND THEY ARE GOING TO RAISE THE VALUE AGAINST THE DOLLAR. BASICALLY, THEY ARE GOING TO DO EXACTLY WHAT TURKMENASTAN DID... PREPARE YOURSELVES FOR IRAQ TO DO THE EXACT SAME THING AS EVERY OTHER COUNTRY THAT DROPPED ZERO’S. THINGS ARE NOT GOING TO GO WELL FOR THE MASSES... [Post 2 of 2] [NOTE: Stay tuned as the Guru's chime in on the lop debate.]
8-29-2019 Newshound Guru MyLadies ...I WANT TO TALK ABOUT HOW A CURRENCY REDENOMINATES....HERE FROM THE IMF..."On occasion, a country must introduce a new currency. Turkmenistan..decided in 2008 to undertake a currency reform. A major gap between the official exchange rate and the informal or market rate meant that Turkmenistan’s price system had become complex and inefficient." [NOTE: Other gurus say the Iraqi Dinar "gap" is less than 2% and within the IMF's guidelines] "...Hyperinflation and exchange rate collapse slash the value of a national currency, forcing the issuance of banknotes in ever higher denominations." [NOTE: Other gurus say Iraq's inflation has been under control for 10 years and there is no hyperinflation ] ..."In itself, a redenomination makes no one richer or poorer..." ...I JUST WANT YOU TO UNDERSTAND THAT THERE WAS NO MONEY TO MADE WHEN TURKMENISTAN REDENOMINATED. [Post 1 of 2....stay tuned] [See the left side of this page for the CBI's latest official and market rates.]
8-29-2019 Intel Guru MarkZ All my Iraqi contacts are still expecting the new rate this week. They want to have it out by the first…Many articles about the new coins coming out…why would you need a coin worth a fraction of a penny? ...they have to have a new rate if they release the coins… My people are at work in redemption centers today...Tomorrow we will find out if they are on call again this weekend or if they are scheduled to work. My gut feeling is we will see it on Saturday...just my opinion...last day of the month and Sunday is iraqs first day of the week and the first day of the new month.
8-29-2019 Newshound Guru Adam Montana ...We saw almost no HCL news prior to the $60 mark, and then it started to come out in the news. That meant the Iraqi Parliament was working on items that are necessary to accomplish a finalization, and that is a key component to the RV. ...A lot of things contribute to the price of OIL, the world economy, and everything else that can have an impact on when Iraq decides to raise the value - this is just one of those things, but I believe it is a major component. Lots of people are saying September is looking good. I am leaning toward agreeing. Time, and hopefully not much of it, will tell. [post 2 of 2]
8-29-2019 Newshound Guru Adam Montana Article: "Parliament: Oil Committee intends to host Abdul Mahdi and the Ministers of Finance and Oil" ...The topic at hand is quiet simple - OIL. ...earlier this year, I personally set a target of $60 (WTI) that I felt was necessary before Iraq would feel confident enough to start moving on a significant change in the exchange rate. (“RV” is short for “ReValuation”, which will be a significant change in the exchange rate…for those of you new to the situation) [post 1 of 2....stay tuned]
8-29-2019 Intel Guru Frank ...It is my opinion that the banks of the United States of American are going to be charging anywhere from 1% to 2% - at the highest 3% spread [To exchange]...this could be good news for us. Let's see what happens when we finally find out. I can't see them reinstating the currency in Iraq and then all of a sudden changing the spread...
8-29-2019 Newshound/Intel Guru Mnt Goat Article: "RECENT PARLIAMENTARY VOTES HAVE BEEN RAISED CALLING FOR THE REINTRODUCTION OF COINS" ...here is one of the articles I told everyone to be watching for. This includes the passing of the needed law by parliament to re-mint the coins and reintroduce them. Its now DONE as they just told us in this article.
8-28-2019 Newshound Guru Kaperoni I want to clear something up since I'm getting some fan mail..lol. I do not think it's going to LOP. What I am saying is if parliament has its way they will LOP the currency. Lucky for us though the CBI is following the directive from the IMF as far as we know...Which is to create the conditions for the currency to float. That is why they are pushing so heavily to diversify and build a market economy. It's taken some time for Iraq to put the conditions in place, in fact several years but things are beginning to line up for early next year as they add 72 trillion dinar to the budget to kick-start the economy.
8-28-2019 Intel Guru MarkZ We are hearing that we should have numbers at anytime within the next 2 days... I am getting more and more confirmations out of Iraq that they expect to go on or before Sept. 1st... The meeting with Iraq and the UN security council starts tonight at 5:00 pm tonight…so will be hours before we find out how that went. The expectation is Iraq tells them they are ready to move on now...
8-28-2019 Intel/Newshound Guru sandyf [Has anyone in here seen an article or source from the CBI or government stated that Iraq may LOP the currency?] There is no such thing as a "LOP" so there never would be any articles. The correct terms are Redenomination or Re-basing the currency, there have been many articles from both CBI and government sources to say that was the plan. ...In a Redenomination the old currency IQD at 1190/USD would be replaced by a new currency, possibly IQR, at 1.190/USD, deleting 3 zeros. The monetary unit(Dinar) would be revalued from 1190/USD to 1.190/USD which would be an increase in the value of the Dinar against the dollar and lead to an increase in purchasing power.
8-28-2019 Intel Guru MarkZ My contacts in Redemption Centers are still expecting this week…the ones I know are also wealth managers so are juggling 2 jobs. What I am hearing from contacts in Iraq they really expect to see the new rate by Sept. 1st. Rates from $3.91 to $4.25. ...with the coins being released I am...puzzled. This process seems to be rolling out different than we expected…to have coins you need a new value over there. [We are in the “Perfect Storm” to see everything right now] We certainly are. I do feel warm and fuzzy about this week and that we are at the tail end of this reset. No one can predict the exact date, but the world news, chatter from sources, and news articles say we are there.
8-28-2019 Newshound Guru Dinar Investor - Jeff ...we are a lot closer than we've ever been. I want to stress to you we're definitely a lot closer...you're not gonna see this in days. At a minimum we're at least 3 weeks out...I promise you you're not gonna see this until more towards the end of September. Easily in the second half...you will wait until the formation of the government's done. That's a promise to you...The CBI made it very clear back in 2014. They said they're gonna delay this for 5 years...until Iraq has achieved political stability...just stay grounded.
8-28-2019 Newshound Guru Bloodloch Does that mean we can divide the first into the second and get an exchange rate? Nope. That's just the velocity of money formula. Does that mean if they stop the auctions and everyone inside Iraq's borders must then conduct all business with both old triple-zero, and the suspected upcoming new three-missing-zeros Iraq Dinar notes and coins, existing side-by-side as promised, that their money supply will plummet in terms of face value outstanding and that less of a thing is a more valuable thing? Yep. [post 2 of 2]
8-28-2019 Newshound Guru Bloodloch If the triple-zero Iraqi dinar is allowed to float, in conjunction with the introduction of new, lower denomination currencies valued near to US dollar equivalencies, it's going to float like a ballistic missile. Am I worried that they can't do that with 42 Trillion IQD in outstanding currency? Nope. Why not? Because their annual Gross Domestic Product is 269 Trillion IQD. [post 1 of 2....stay tuned]
8-28-2019 Intel Guru Frank26 Iraq is not a lop. No. A lop is to add zeros to the exchange rate. Iraq is...constantly telling you they're lifting three zeros from their exchange rate...when someone says to you it's a lop ask them are they adding three zeros to the exchange rate or are they taking away?
8-28-2019 Newshound/Intel Guru Mnt Goat Article: "THE PARLIAMENTARY FINANCE COMMITTEE, ON MONDAY, ANNOUNCED A TREND TO RE-WORK IN THE CURRENCY AND THE REMOVAL OF ZEROS FROM BANKNOTES, IN ORDER TO STRENGTHEN THE ECONOMY" I especially like the heading of the article. This process is now on the way. Hold tight…its coming…
8-28-2019 Intel Guru MarkZ We are hearing that we should have numbers at anytime within the next 2 days... I am getting more and more confirmations out of Iraq that they expect to go on or before Sept. 1st... The meeting with Iraq and the UN security council starts tonight at 5:00 pm tonight…so will be hours before we find out how that went. The expectation is Iraq tells them they are ready to move on now...
8-28-2019 Intel/Newshound Guru sandyf [Has anyone in here seen an article or source from the CBI or government stated that Iraq may LOP the currency?] There is no such thing as a "LOP" so there never would be any articles. The correct terms are Redenomination or Re-basing the currency, there have been many articles from both CBI and government sources to say that was the plan. ...In a Redenomination the old currency IQD at 1190/USD would be replaced by a new currency, possibly IQR, at 1.190/USD, deleting 3 zeros. The monetary unit(Dinar) would be revalued from 1190/USD to 1.190/USD which would be an increase in the value of the Dinar against the dollar and lead to an increase in purchasing power.
8-28-2019 Intel Guru MarkZ My contacts in Redemption Centers are still expecting this week…the ones I know are also wealth managers so are juggling 2 jobs. What I am hearing from contacts in Iraq they really expect to see the new rate by Sept. 1st. Rates from $3.91 to $4.25. ...with the coins being released I am...puzzled. This process seems to be rolling out different than we expected…to have coins you need a new value over there. [We are in the “Perfect Storm” to see everything right now] We certainly are. I do feel warm and fuzzy about this week and that we are at the tail end of this reset. No one can predict the exact date, but the world news, chatter from sources, and news articles say we are there.
8-28-2019 Newshound Guru Dinar Investor - Jeff ...we are a lot closer than we've ever been. I want to stress to you we're definitely a lot closer...you're not gonna see this in days. At a minimum we're at least 3 weeks out...I promise you you're not gonna see this until more towards the end of September. Easily in the second half...you will wait until the formation of the government's done. That's a promise to you...The CBI made it very clear back in 2014. They said they're gonna delay this for 5 years...until Iraq has achieved political stability...just stay grounded.
8-28-2019 Newshound Guru Bloodloch Does that mean we can divide the first into the second and get an exchange rate? Nope. That's just the velocity of money formula. Does that mean if they stop the auctions and everyone inside Iraq's borders must then conduct all business with both old triple-zero, and the suspected upcoming new three-missing-zeros Iraq Dinar notes and coins, existing side-by-side as promised, that their money supply will plummet in terms of face value outstanding and that less of a thing is a more valuable thing? Yep. [post 2 of 2]
8-28-2019 Newshound Guru Bloodloch If the triple-zero Iraqi dinar is allowed to float, in conjunction with the introduction of new, lower denomination currencies valued near to US dollar equivalencies, it's going to float like a ballistic missile. Am I worried that they can't do that with 42 Trillion IQD in outstanding currency? Nope. Why not? Because their annual Gross Domestic Product is 269 Trillion IQD. [post 1 of 2....stay tuned]
8-28-2019 Intel Guru Frank26 Iraq is not a lop. No. A lop is to add zeros to the exchange rate. Iraq is...constantly telling you they're lifting three zeros from their exchange rate...when someone says to you it's a lop ask them are they adding three zeros to the exchange rate or are they taking away?
8-28-2019 Newshound/Intel Guru Mnt Goat Article: "THE PARLIAMENTARY FINANCE COMMITTEE, ON MONDAY, ANNOUNCED A TREND TO RE-WORK IN THE CURRENCY AND THE REMOVAL OF ZEROS FROM BANKNOTES, IN ORDER TO STRENGTHEN THE ECONOMY" I especially like the heading of the article. This process is now on the way. Hold tight…its coming…
8-27-219 Intel Guru Frank26 ...the Central Bank of Iraq has made an announcement that they're in the the process of deleting the three zeros from their exchange rate to add value to their currency to give their citizens purchasing power within their own country at a 1 to 1 peg to the American dollar...there is no date...it's speculative...there is no maturity rate either...
8-27-2019 Intel Guru MarkZ [When will the reset be announced?] I believe it will be announced several days after we exchange...for security... years ago the reset was set up to go over a 3 day weekend…now with the speed of the QFS I believe it can go worldwide within seconds…so I do not think the 3 day weekend is as necessary to the reset as it used to be…
8-27-2019 Newshound Guru Kaperoni Iraq would never introduce coins with a currency that has 3 zeros. The zeros need to be removed first. There's only two ways to do this, either float the dinar and allow the currency to appreciate. Or redenominate/Lop and remove them all at once which is a neutral event. I assure you...talkin about some mythical RV/RI will never happen because there's too much currency in circulation. If the CBI follows the plan that changed back in 2012 which called for a market economy, we could see the dinar float rather than this LOP. Gradually appreciating in value overtime per the IMF and documented in the 2012 Article IV Consultation.
8-27-2019 Newshound/Intel Guru Mnt Goat The news for our investment could not get any better. It is moving along just as I said it would when they were ready. They are now ready. So far the educational process is right on target. In fact I am surprised the have ramped it up so much. Multiple articles every week now. Along with the increase in news articles we are now also see repeated replays of broadcast on the Iraqi TV stations about the coins and the project to delete the zeros. WOW! ...Did you buy your champagne yet?
8-27-2019 Intel Guru RayRen98 Article quotes: "The change of currency means that a new currency will replace an old currency, with a fixed exchange rate, and the zeros of the old currency will be removed or the decimal selections are removed to the left," he said, adding that "part of the currency restructuring plan and banks includes the creation of coins for trades."; "The Central Bank decided earlier to develop a plan to develop coins as part of the currency restructuring plan, which requires the approval of the House of Representatives as a strategic plan that will support the value of the Iraqi dinar in trading," This is one of the "latest" articles about the coins...this is all you need to know about the RV. Be sure to send it to [those] that are telling you it’s going to be a float.
8-27-2019 Intel Guru Eagleone2025 MY SOURCES HAVE SAID THAT WE ARE LOOKING STRONG IN SEPT. ...WH AND DC SOURCES HAVE SAID THE WINDOW IS SEPT. THEY STATED THAT THEY WANT IT DONE BY OCT. I CAN TELL U THAT THE SEPT OCT WINDOW IS VERY POSITIVE... KEEP YOUR HEAD UP AS I SAID IN JULY SEE U IN SEPT.
8-27-2019 Newshound Guru Dinar Investor - Jeff ...three week ago I told you...the best time to start reeducating the citizens...about the deletion of the zeros and the coins would be approximately 30 days out before the rate change. And notice how they started doing that around Monday of last week and they're still doing it...they can't do that too far out because the citizens are gonna forget that information...the best time to do it would be roughly 30 days out before changing the rate that way it stay fresh in their minds...
8-27-2019 Intel Guru MarkZ [via PDK] Isaac in Zurich can see the money in his account…(currencies and Historic bonds) ...it has a hold on it...he hopes to have access at any time on his currency... There are rumors of a new rate in-country possibly in Iraq...we are trying to verify this now...lots of articles out on the new coins...you can’t have coins without a new rate...does not make sense. My contacts at redemption centers are on a “heightened level”...
8-27-2019 Newshound Guru larrykn you guys are really freaking out over this Lop thing, that won't happen, they told us years ago what they had in mind and a lop was not it...they told us what they wanted to do. ...I really don't believe they will lop...
8-27-2019 Newshound Guru Adam Montana [Question from newbie - ...if they delete the zeroes, then 1,000,000 IQD becomes 1,000 IQD, and if it RVs at 1:1 then an original investment of $850 +/- for 1,000,000 IQD becomes worth $1,000?] More or less correct. That scenario is considered a lop, and is mostly a zero gain/loss scenario. If the 0's are removed from the exchange rate, it's a whole different ball game.
8-27-2019 Newshound Guru Kaperoni The odds are very high that they're going to float as long as they continue to move forward developing a market economy, I also believe a LOP is unlikely but possible. An RV or RI has zero possibility because monetary policy does not work that way. [Truth is nobody knows if it is going to be float or RV, but we do know it is not a lop,that would have happened long ago...can you imagine the investors having confidence if they lopped] I surely cannot say with absolute certainty, but I do know for a fact in 2012 the plan was to float the currency.
8-27-2019 Intel Guru MarkZ [When will the reset be announced?] I believe it will be announced several days after we exchange...for security... years ago the reset was set up to go over a 3 day weekend…now with the speed of the QFS I believe it can go worldwide within seconds…so I do not think the 3 day weekend is as necessary to the reset as it used to be…
8-27-2019 Newshound Guru Kaperoni Iraq would never introduce coins with a currency that has 3 zeros. The zeros need to be removed first. There's only two ways to do this, either float the dinar and allow the currency to appreciate. Or redenominate/Lop and remove them all at once which is a neutral event. I assure you...talkin about some mythical RV/RI will never happen because there's too much currency in circulation. If the CBI follows the plan that changed back in 2012 which called for a market economy, we could see the dinar float rather than this LOP. Gradually appreciating in value overtime per the IMF and documented in the 2012 Article IV Consultation.
8-27-2019 Newshound/Intel Guru Mnt Goat The news for our investment could not get any better. It is moving along just as I said it would when they were ready. They are now ready. So far the educational process is right on target. In fact I am surprised the have ramped it up so much. Multiple articles every week now. Along with the increase in news articles we are now also see repeated replays of broadcast on the Iraqi TV stations about the coins and the project to delete the zeros. WOW! ...Did you buy your champagne yet?
8-27-2019 Intel Guru RayRen98 Article quotes: "The change of currency means that a new currency will replace an old currency, with a fixed exchange rate, and the zeros of the old currency will be removed or the decimal selections are removed to the left," he said, adding that "part of the currency restructuring plan and banks includes the creation of coins for trades."; "The Central Bank decided earlier to develop a plan to develop coins as part of the currency restructuring plan, which requires the approval of the House of Representatives as a strategic plan that will support the value of the Iraqi dinar in trading," This is one of the "latest" articles about the coins...this is all you need to know about the RV. Be sure to send it to [those] that are telling you it’s going to be a float.
8-27-2019 Intel Guru Eagleone2025 MY SOURCES HAVE SAID THAT WE ARE LOOKING STRONG IN SEPT. ...WH AND DC SOURCES HAVE SAID THE WINDOW IS SEPT. THEY STATED THAT THEY WANT IT DONE BY OCT. I CAN TELL U THAT THE SEPT OCT WINDOW IS VERY POSITIVE... KEEP YOUR HEAD UP AS I SAID IN JULY SEE U IN SEPT.
8-27-2019 Newshound Guru Dinar Investor - Jeff ...three week ago I told you...the best time to start reeducating the citizens...about the deletion of the zeros and the coins would be approximately 30 days out before the rate change. And notice how they started doing that around Monday of last week and they're still doing it...they can't do that too far out because the citizens are gonna forget that information...the best time to do it would be roughly 30 days out before changing the rate that way it stay fresh in their minds...
8-27-2019 Intel Guru MarkZ [via PDK] Isaac in Zurich can see the money in his account…(currencies and Historic bonds) ...it has a hold on it...he hopes to have access at any time on his currency... There are rumors of a new rate in-country possibly in Iraq...we are trying to verify this now...lots of articles out on the new coins...you can’t have coins without a new rate...does not make sense. My contacts at redemption centers are on a “heightened level”...
8-27-2019 Newshound Guru larrykn you guys are really freaking out over this Lop thing, that won't happen, they told us years ago what they had in mind and a lop was not it...they told us what they wanted to do. ...I really don't believe they will lop...
8-27-2019 Newshound Guru Adam Montana [Question from newbie - ...if they delete the zeroes, then 1,000,000 IQD becomes 1,000 IQD, and if it RVs at 1:1 then an original investment of $850 +/- for 1,000,000 IQD becomes worth $1,000?] More or less correct. That scenario is considered a lop, and is mostly a zero gain/loss scenario. If the 0's are removed from the exchange rate, it's a whole different ball game.
8-27-2019 Newshound Guru Kaperoni The odds are very high that they're going to float as long as they continue to move forward developing a market economy, I also believe a LOP is unlikely but possible. An RV or RI has zero possibility because monetary policy does not work that way. [Truth is nobody knows if it is going to be float or RV, but we do know it is not a lop,that would have happened long ago...can you imagine the investors having confidence if they lopped] I surely cannot say with absolute certainty, but I do know for a fact in 2012 the plan was to float the currency.
8-26-2019 Newshound Guru Dinar Investor - Jeff ..."delete the zeros" is just that. It's when they use smaller notes to replace lager notes and is a devaluation unless the rate is increased. On March 20th Iraq already came out and told you they're going to increase the exchange rate of the Iraq dinar. So you have smaller notes coming out to replace larger notes within the country of Iraq along with an increased exchange rate. Boom there it is cut and dry...Back around 2012 the CBI already came out and said the two different currencies will coexist together within the country of Iraq. That means a 25k note will have its own unique rate and a 25 note will have its own unique rate...we're good...
8-26-2019 Intel Guru MarkZ [Where’s that GOLDEN EGG?] No Golden egg yet. We are hearing Trump may make an announcement when he gets back from the G-7...So we are to expect something when Trump hits the ground...about 8pm est? Maybe it can be activated when they are over international waters…I do not know for sure. I hear the whales will be swimming by Wednesday…
8-26-2019 Newshound Guru Kaperoni [The IMF put an imposed rate, a programmed rate on Iraq which brought on FAKE inflation, the 3 0's. The CBI must remove the zero's first before THEY can assign the true value. Market isn't involved at this point. Then, they will give the real value based on their massive reserves.] This is complete nonsense. The IMF never imposed a rate on Iraq, Iraq's exchange rate was self inflicted...
8-26-2019 Intel Guru Frank26 ...this interview we are calling the "second article" from the CBI to the citizens concerning their monetary reform...it contains the information..about...many different things but mainly they're going to introduce new small category notes, the 1, 5, 10, 20 that will coexist with the three zero notes they have right now...this was an interview solely for the citizens of Iraq to be broadcasted and constantly repeated throughout the day....24/7 it will be broadcasted for a specific amount of time...I think it'll probably start...sometime next week...Monday or Tuesday is where I'm hoping for...
8-26-2019 Intel Guru MarkZ I am hearing from a number of sources that today is our day…Political sources swear that early afternoon today is it. Redemption Center people are in meetings today...they were on call over the weekend but didn’t work. Supposedly the whales will be liquid at 9AM Reno time. No new value yet in Iraq.
8-26-2019 Newshound Guru MilitiaMan Article: "The strategic partnership between the government and the private sector is the cornerstone of Iraq's 2030 vision" Moving to a market economy is essential now. They have calculated the mechanisms to do so now. They'll also need to have the economic reforms in place at an international level to support the new economy to come. Attracting foreign capital is clearly going to come from a new exchange mechanism in place...imo.
8-26-2019 Newshound Guru Don961 Article: "Iraqi coins that were previously in use" Quotes: "there is a step to delete the zeros preceding the coinage process to be a value for small groups to large."; "It is noteworthy that the Iraqi dinar, which was equal to 3.22 dollars before Iraqs invasion of Kuwait in 1990..."
8-26-2019 Intel Guru MarkZ [Where’s that GOLDEN EGG?] No Golden egg yet. We are hearing Trump may make an announcement when he gets back from the G-7...So we are to expect something when Trump hits the ground...about 8pm est? Maybe it can be activated when they are over international waters…I do not know for sure. I hear the whales will be swimming by Wednesday…
8-26-2019 Newshound Guru Kaperoni [The IMF put an imposed rate, a programmed rate on Iraq which brought on FAKE inflation, the 3 0's. The CBI must remove the zero's first before THEY can assign the true value. Market isn't involved at this point. Then, they will give the real value based on their massive reserves.] This is complete nonsense. The IMF never imposed a rate on Iraq, Iraq's exchange rate was self inflicted...
8-26-2019 Intel Guru Frank26 ...this interview we are calling the "second article" from the CBI to the citizens concerning their monetary reform...it contains the information..about...many different things but mainly they're going to introduce new small category notes, the 1, 5, 10, 20 that will coexist with the three zero notes they have right now...this was an interview solely for the citizens of Iraq to be broadcasted and constantly repeated throughout the day....24/7 it will be broadcasted for a specific amount of time...I think it'll probably start...sometime next week...Monday or Tuesday is where I'm hoping for...
8-26-2019 Intel Guru MarkZ I am hearing from a number of sources that today is our day…Political sources swear that early afternoon today is it. Redemption Center people are in meetings today...they were on call over the weekend but didn’t work. Supposedly the whales will be liquid at 9AM Reno time. No new value yet in Iraq.
8-26-2019 Newshound Guru MilitiaMan Article: "The strategic partnership between the government and the private sector is the cornerstone of Iraq's 2030 vision" Moving to a market economy is essential now. They have calculated the mechanisms to do so now. They'll also need to have the economic reforms in place at an international level to support the new economy to come. Attracting foreign capital is clearly going to come from a new exchange mechanism in place...imo.
8-26-2019 Newshound Guru Don961 Article: "Iraqi coins that were previously in use" Quotes: "there is a step to delete the zeros preceding the coinage process to be a value for small groups to large."; "It is noteworthy that the Iraqi dinar, which was equal to 3.22 dollars before Iraqs invasion of Kuwait in 1990..."
8-25-2019 Intel Guru Bluwolf First off we are at a great moment to receive this BLESSING on schedule I might say. All is moving along according to the actual and only plan. Securities are in place and on highest of alerts so are all banks and there personnel...All leaders around the world are pushing both this Global Currency Reset and this Revaluation scenario forward and so you know there is no delays no upsets and definitely no way back and this has been guaranteed.
8-25-2019 Intel Guru Frank26 ...The interview that occurred today [Saturday] happened via an Iraqi newscast. It was an interview to be aired only inside of Iraq. It consisted of two big wigs...they met unexpectedly with the media...IMO I think it could be the Minister of Finance...and a board member of the CBI...they are going to replay this interview that you're gonna find out about tomorrow over and over and over again to give the citizens more and more understanding of what is soon to come to them in their currency reform...this interview is to explain the intent of the Central Bank of Iraq to add value to their currency for the citizens...I'm very very curious to see this interview tomorrow...the media has to release it. How is it that we got it? Our fireflies were there...
8-25-2019 Newshound Guru G-Lin Article: "Economist: The central bank follows a fiscal policy to keep the exchange rate of the dinar against the dollar steady" This sounds like a fixed rate to me. I can't imagine spending the amount of money coins will cost and not have an increase in value...
8-25-2019 Intel Guru Frank26 ...They did it again! They came back and and said, 'You know the coins? We're bringing them out. Here's why." Wow...everything is ready. It's been ready...The CBI knows that they're about to lift the zeroes. They don't need anybody talking for them anymore...The CBI knows what they are doing...when they are ready to talk they'll put out what we called the second article from the CBI...
8-25-2019 Newshound Guru Don961 Article: "Economist: Reprinting the coin will reduce the burden of paper damage" Quote: "With regard to the possibility of raising the price of the dinar against the dollar, Al-Okaili said, "The central bank is tired of a fiscal policy to keep the exchange rate of the dinar against the dollar unchanged for not entering inflation." Talking again...appears the CBI is tired of of holding the exchange rate steady/unchanged ...what do they have in mind?
8-25-2019 Newshound/Intel Guru Jeff ...in our forum we try to shoot for factual proof...that way there's no BS. After Kurdistan and Baghdad come into agreement on those items [HCL & Article 140]...what we're looking for is to see if they advance straight to the formation of the government or if they work on another task...that's gonna tell us exactly where we stand. If they move straight into the formation of the government that means there's nothing left. The stage is fully set and they're ready to change the rate. That's what we're looking for. Those facts will confirm everything for you.
8-25-2019 Newshound Guru Kaperoni We do not want them to delete the zeros, because that's a LOP. What we do want is for the rate to increase. And the only reasonable means to accomplish that is via a float allowing the dinar to rise as investment comes into Iraq. Anything else does not benefit us. ...You cannot significantly RV the dinar with excess of 42 trillion in circulation unless you can significantly reduce the money supply first. Hard to do unless gradual. ...We don't want a redenomination/LOP. Those are neutral events. It's current rate is its real value. Unless they float the currency and let market forces set the rate.
8-25-2019 Intel Guru Frank26 ...The interview that occurred today [Saturday] happened via an Iraqi newscast. It was an interview to be aired only inside of Iraq. It consisted of two big wigs...they met unexpectedly with the media...IMO I think it could be the Minister of Finance...and a board member of the CBI...they are going to replay this interview that you're gonna find out about tomorrow over and over and over again to give the citizens more and more understanding of what is soon to come to them in their currency reform...this interview is to explain the intent of the Central Bank of Iraq to add value to their currency for the citizens...I'm very very curious to see this interview tomorrow...the media has to release it. How is it that we got it? Our fireflies were there...
8-25-2019 Newshound Guru G-Lin Article: "Economist: The central bank follows a fiscal policy to keep the exchange rate of the dinar against the dollar steady" This sounds like a fixed rate to me. I can't imagine spending the amount of money coins will cost and not have an increase in value...
8-25-2019 Intel Guru Frank26 ...They did it again! They came back and and said, 'You know the coins? We're bringing them out. Here's why." Wow...everything is ready. It's been ready...The CBI knows that they're about to lift the zeroes. They don't need anybody talking for them anymore...The CBI knows what they are doing...when they are ready to talk they'll put out what we called the second article from the CBI...
8-25-2019 Newshound Guru Don961 Article: "Economist: Reprinting the coin will reduce the burden of paper damage" Quote: "With regard to the possibility of raising the price of the dinar against the dollar, Al-Okaili said, "The central bank is tired of a fiscal policy to keep the exchange rate of the dinar against the dollar unchanged for not entering inflation." Talking again...appears the CBI is tired of of holding the exchange rate steady/unchanged ...what do they have in mind?
8-25-2019 Newshound/Intel Guru Jeff ...in our forum we try to shoot for factual proof...that way there's no BS. After Kurdistan and Baghdad come into agreement on those items [HCL & Article 140]...what we're looking for is to see if they advance straight to the formation of the government or if they work on another task...that's gonna tell us exactly where we stand. If they move straight into the formation of the government that means there's nothing left. The stage is fully set and they're ready to change the rate. That's what we're looking for. Those facts will confirm everything for you.
8-25-2019 Newshound Guru Kaperoni We do not want them to delete the zeros, because that's a LOP. What we do want is for the rate to increase. And the only reasonable means to accomplish that is via a float allowing the dinar to rise as investment comes into Iraq. Anything else does not benefit us. ...You cannot significantly RV the dinar with excess of 42 trillion in circulation unless you can significantly reduce the money supply first. Hard to do unless gradual. ...We don't want a redenomination/LOP. Those are neutral events. It's current rate is its real value. Unless they float the currency and let market forces set the rate.
8-24-2019 Intel Guru Frank ...It used to be $3.22. Back in 2006 they calculated 3.2618...the Minister of Finance told them you should add 20% to that which would take you somewhere around 3.86 mark roughly...
8-24-2019 Newshound/Intel Guru Mnt Goat Article: "COMMENTED MEMBER OF THE IRAQI ECONOMIC COUNCIL SADIQ AL - MASHAT, ON THE STATEMENTS OF THE PARLIAMENTARY FINANCE COMMITTEE ON THE IRAQI GOVERNMENT 'S QUEST TO RE-WORK COINS." ...Remember ...there will be strong opposition to this bold move by the finance committee as those making billions off the existing system with 1/8 of a penny dinar will not want this change to occur. This corruption has been the hold up all along. But these days are about to be over.
8-24-2019 Intel Guru Frank26 [via Clare] ...THE PROBLEM IS YOU CANNOT SEE WHAT THEY ARE DOING INTERNALLY BECAUSE THEY ARE NOT PUBLICIZING IT…WHAT MORE IS THERE AFTER YOU TELLING ME THAT COINS ARE ABOUT TO COME OUT? ...BECAUSE 000'S WILL BE LIFTED FROM THE EXCHANGE RATE TO ADD VALUE TO YOUR CURRENCY FOR YOUR CITIZENS NEW PURCHASING POWER...? ONLY ONE THING...A NATIONAL SWITCH THAT WILL BE PUSHED...INSIDE OF A COMING WEEK THAT IS BECOMING A DAY WITH A SPECIFIC HOUR...COMING REAL SOON. …WHY? BECAUSE THE NATIONAL SWITCH THAT YOU KNOW VERY LITTLE ABOUT...IS ALSO...A WORLD SWITCH...SMILE...
8-24-2019 Newshound/Intel Guru Dinar Investor - Jeff Article: "Baghdad and Kurdistan agree on partnership in international conferences and meetings" When you look at a lot of the current articles coming out between Kurdistan and Baghdad, they're strongly suggesting/indicating that the Kurds and Baghdad have reached an agreement, just not publicly announced it. So, ultimately that's what we are waiting for...to publicly announce it...that they have agreed ...and that they have everything worked out on the oil and Article 140 for the numbers in the 2020 budget...and then after that to know if the stage is officially set, we want to see what their next actions are...do they advance straight to the formation of the government or do they do something directly after that. That's what we are looking for to know if the stage is officially set based on how fast they advance to the formation of the government. That will tell you everything you need to know.
8-24-2019 Intel Guru Frank26 ...they're [The CBI] passing out descriptions of what they're about to get. The coins and the new small category notes that will be in coexistence with the 3 zero notes that they have right now...it's inside (Iraq] only...today they went another step...
8-24-2019 Newshound/Intel Guru Mnt Goat Article: "COMMENTED MEMBER OF THE IRAQI ECONOMIC COUNCIL SADIQ AL - MASHAT, ON THE STATEMENTS OF THE PARLIAMENTARY FINANCE COMMITTEE ON THE IRAQI GOVERNMENT 'S QUEST TO RE-WORK COINS." ...Remember ...there will be strong opposition to this bold move by the finance committee as those making billions off the existing system with 1/8 of a penny dinar will not want this change to occur. This corruption has been the hold up all along. But these days are about to be over.
8-24-2019 Intel Guru Frank26 [via Clare] ...THE PROBLEM IS YOU CANNOT SEE WHAT THEY ARE DOING INTERNALLY BECAUSE THEY ARE NOT PUBLICIZING IT…WHAT MORE IS THERE AFTER YOU TELLING ME THAT COINS ARE ABOUT TO COME OUT? ...BECAUSE 000'S WILL BE LIFTED FROM THE EXCHANGE RATE TO ADD VALUE TO YOUR CURRENCY FOR YOUR CITIZENS NEW PURCHASING POWER...? ONLY ONE THING...A NATIONAL SWITCH THAT WILL BE PUSHED...INSIDE OF A COMING WEEK THAT IS BECOMING A DAY WITH A SPECIFIC HOUR...COMING REAL SOON. …WHY? BECAUSE THE NATIONAL SWITCH THAT YOU KNOW VERY LITTLE ABOUT...IS ALSO...A WORLD SWITCH...SMILE...
8-24-2019 Newshound/Intel Guru Dinar Investor - Jeff Article: "Baghdad and Kurdistan agree on partnership in international conferences and meetings" When you look at a lot of the current articles coming out between Kurdistan and Baghdad, they're strongly suggesting/indicating that the Kurds and Baghdad have reached an agreement, just not publicly announced it. So, ultimately that's what we are waiting for...to publicly announce it...that they have agreed ...and that they have everything worked out on the oil and Article 140 for the numbers in the 2020 budget...and then after that to know if the stage is officially set, we want to see what their next actions are...do they advance straight to the formation of the government or do they do something directly after that. That's what we are looking for to know if the stage is officially set based on how fast they advance to the formation of the government. That will tell you everything you need to know.
8-24-2019 Intel Guru Frank26 ...they're [The CBI] passing out descriptions of what they're about to get. The coins and the new small category notes that will be in coexistence with the 3 zero notes that they have right now...it's inside (Iraq] only...today they went another step...
8-23-2019 Intel Guru Frank26 ...You will always pay taxes ladies and gentlemen. You are going to pay your taxes. You're not gonna avoid them. You're gonna pay them with great joy of being an American citizen to help our country...When you give your money to Uncle Sam when you pay your taxes be proud of it...do your part...get professional help...this is a capital gain tax. It's that simple... [NOTE: There are disagreements in how the dinar will be taxed...Guru BobTheTaxMan feels it's going to be Ordinary Income. At the appropriate time speak with a tax professional about your personal situation.]
8-23-2019 Newshound Guru Adam Montana I'm just going to give everyone a brief...briefing... the news is slow... Bad news - we haven't heard anything HCL related. Good news - once we DO hear something about HCL, I think it's going to be an avalanche.
8-23-2019 Newshound Guru G-Lin Article: "Trade completes electronic window project" Quote: "Iraq Trade Point will activate the work of the private sector and promote the growth of the Iraqi economy and will be the focus of all international goods,"; "the completion of the electronic window project." You gotta love the word completion. IMO this is one of the most important arts. I've seen in a while...good stuff.
8-23-2019 Newshound Guru MilitiaMan Article: "Baghdad and Kurdistan agree on partnership in international conferences and meetings" Looks like they are getting along and have agreed to work together from now on... They also may have also sorted the oil between themselves as well, if not will or may very soon. imo.
8-23-2019 Newshound/Intel Guru Mnt Goat Article: "THE COMPLETION OF THE ELECTRONIC WINDOW PROJECT FOR THE IMPORT AND EXPORT TRADE" Why is this article so important? ...It is important because in order to pull this off they will need to get rid of the currency auctions and rely on dinar to pay for trade. Thus, if they do they will need to be tied in to the FOREX markets to determine the current currency rate of the dinar while trading. ...This is the platform to be used. This is exciting news and is all VERY GOOD for us. So much good news this week in progress of getting us the reinstatement of the dinar.
8-23-2019 Newshound Guru Vital Brad ...Al Sumeria TV they're talking about the fils, the coins, which is a very good sign. There's actually been a few articles talking about the coins...but what I can say is that news like this coming out is some of the best news that I've heard since I've been in this thing. Coming out with coins? That's amazing. Raising the rate of the the dinar against a dollar? Wow. They're reporting this? They're writing this? All these articles with the coins...it's an exciting time...
8-23-2019 Intel Guru MarkZ Everybody is very quiet…military contacts are expecting historic breakthrough in the next 2 days…lots of things supposed to be happening…Redemption center folks are at work today and “on call” this weekend. [Could we get 800 numbers today] we absolutely could.
8-23-2019 Newshound/Intel Guru Dinar Investor - Jeff I will only have about 3 more big news. 1: Kurdistan - Baghdad Reach Agreement 2: Form the government. 3: rate change.
8-23-2019 Newshound/Intel Guru Mnt Goat So what should we expect to see next? We are looking for news that parliament has passed the needed legislation and then sent it to the CBI for the coinage reform proposal by the Finance Committee. Then very soon the CBI should “formally” announce the new CBI director. Allaq is due to leave in early September and his replacement will then take center stage. I believe that possibly the timing of the coinage may happen about this timeframe. We also look for more news of the “project to delete the zeros” going forward once again. We also look forward to news articles to educate the citizens on the new coins for smaller categories and the update on the CBI site for the new coins...
8-23-2019 Newshound Guru Adam Montana I'm just going to give everyone a brief...briefing... the news is slow... Bad news - we haven't heard anything HCL related. Good news - once we DO hear something about HCL, I think it's going to be an avalanche.
8-23-2019 Newshound Guru G-Lin Article: "Trade completes electronic window project" Quote: "Iraq Trade Point will activate the work of the private sector and promote the growth of the Iraqi economy and will be the focus of all international goods,"; "the completion of the electronic window project." You gotta love the word completion. IMO this is one of the most important arts. I've seen in a while...good stuff.
8-23-2019 Newshound Guru MilitiaMan Article: "Baghdad and Kurdistan agree on partnership in international conferences and meetings" Looks like they are getting along and have agreed to work together from now on... They also may have also sorted the oil between themselves as well, if not will or may very soon. imo.
8-23-2019 Newshound/Intel Guru Mnt Goat Article: "THE COMPLETION OF THE ELECTRONIC WINDOW PROJECT FOR THE IMPORT AND EXPORT TRADE" Why is this article so important? ...It is important because in order to pull this off they will need to get rid of the currency auctions and rely on dinar to pay for trade. Thus, if they do they will need to be tied in to the FOREX markets to determine the current currency rate of the dinar while trading. ...This is the platform to be used. This is exciting news and is all VERY GOOD for us. So much good news this week in progress of getting us the reinstatement of the dinar.
8-23-2019 Newshound Guru Vital Brad ...Al Sumeria TV they're talking about the fils, the coins, which is a very good sign. There's actually been a few articles talking about the coins...but what I can say is that news like this coming out is some of the best news that I've heard since I've been in this thing. Coming out with coins? That's amazing. Raising the rate of the the dinar against a dollar? Wow. They're reporting this? They're writing this? All these articles with the coins...it's an exciting time...
8-23-2019 Intel Guru MarkZ Everybody is very quiet…military contacts are expecting historic breakthrough in the next 2 days…lots of things supposed to be happening…Redemption center folks are at work today and “on call” this weekend. [Could we get 800 numbers today] we absolutely could.
8-23-2019 Newshound/Intel Guru Dinar Investor - Jeff I will only have about 3 more big news. 1: Kurdistan - Baghdad Reach Agreement 2: Form the government. 3: rate change.
8-23-2019 Newshound/Intel Guru Mnt Goat So what should we expect to see next? We are looking for news that parliament has passed the needed legislation and then sent it to the CBI for the coinage reform proposal by the Finance Committee. Then very soon the CBI should “formally” announce the new CBI director. Allaq is due to leave in early September and his replacement will then take center stage. I believe that possibly the timing of the coinage may happen about this timeframe. We also look for more news of the “project to delete the zeros” going forward once again. We also look forward to news articles to educate the citizens on the new coins for smaller categories and the update on the CBI site for the new coins...
8-22-2019 Newshound/Intel Guru Mnt Goat Article: "FORMATION OF A COMMITTEE TO RAISE THE PRICE OF THE IRAQI DINAR AGAINST THE US DOLLAR" ...we know that if they issue the coins of much smaller categories, they will need to significantly raise the exchange rate of the dinar (the value is already present at 1:1). But when will they “reinstate’ the dinar back to the global currency exchanges? This is what we really want to see happen and is when we go to the bank and not a moment before...
8-22-2019 Intel Guru MarkZ [Can we exchange the dong by just walking into a bank after the reset?] Yes...but by calling the 800 numbers and making an appointment I have been told the rates will be higher. I don’t want to be the first person to exchange...
8-22-2019 Newshound Guru Kaperoni Does anyone actually believe the CBI could RV or RI the dinar at 1 to $1 or greater with an excess of 42 trillion dinars in circulation? That is 3x's the worlds money supply. It simply cannot be done. And the CBI cannot reduce the money supply overnight (in fact they mentioned the currency would remain in circulation for up to 10 years). The only possible and viable solution is a gradual reduction of the money supply with a gradual increase in the exchange rate. Such an increase in the exchange rate could occur as inflationary pressure rises on the financial system as investors bring capital to Iraq. Any other option for an increase in value just isn't viable or realistic. So we keep our fingers crossed that investors come to Iraq beginning with a 2020 budget, increased 72 trillion expenditures.
8-22-2019 Newshound/Intel Guru Mnt Goat Article: "Revealed the Finance Committee in the House of Representatives, the formation of a committee to raise the price of the Iraqi dinar against the US dollar." so this goes hand in hand with the news articles we are reading today about re-minting the coins. The best part is they actually used the terms and referenced directly the “project to delete the zeros”. This means they are getting serious about doing it now. This is what we have been waiting for and so this is super fantastic news...
8-22-2019 Intel Guru MarkZ Very little news last night. Hong Kong is still waiting...they believe its “any minute”. ...so many rumors today…nothing confirmable ...One rumor from the banking is we will see everything break loose from noon till evening. In Iraq: The sheer volume of news articles coming out of Iraq is staggering this week. It is all over the news and all over the middle east that Iraq is about to revalue their currency. No new rate posted in the gazette yet today. I still think we are at the end and I still think this week is possible. We are just waiting, which unfortunately we are all very good at.
8-22-2019 Intel Guru RayRen98 STATUS QUO IS THE SAME AS TUESDAY & WEDNESDAY... EXCHANGERS WERE "AT LOCATION" WAITING FOR THE "GO" SIGNAL ...THINGS CAN POP AT ANY MOMENT, ANY HOUR ON THURSDAY...OR ANY DAY!!
8-22-2019 Intel Guru Frank26 ...there is an explosion of information on monetary reform...the citizens now know they're gonna get a whole bunch of imports and exports coming into their markets and they also know that they're going to get purchasing power...and they know that Parliament...is working very well with the CBI...
8-22-2019 Intel/Newshound Guru sandyf ...One of the big problems is that many do not understand the difference between the monetary unit(Dinar) and the currency(IQD). Countries do not remove zeros from the currency, they are removed from the monetary unit. In a redenomination the currency IQD would retain the zeros and a new currency introduced that did not have zeros. The old Turkish lira TRL still has zeros, it was the new currency TRY that had the zeros removed. When reading articles care needs to be taken in respect of the context, are they referring to the monetary unit or the currency.
8-22-2019 Intel Guru MarkZ [Can we exchange the dong by just walking into a bank after the reset?] Yes...but by calling the 800 numbers and making an appointment I have been told the rates will be higher. I don’t want to be the first person to exchange...
8-22-2019 Newshound Guru Kaperoni Does anyone actually believe the CBI could RV or RI the dinar at 1 to $1 or greater with an excess of 42 trillion dinars in circulation? That is 3x's the worlds money supply. It simply cannot be done. And the CBI cannot reduce the money supply overnight (in fact they mentioned the currency would remain in circulation for up to 10 years). The only possible and viable solution is a gradual reduction of the money supply with a gradual increase in the exchange rate. Such an increase in the exchange rate could occur as inflationary pressure rises on the financial system as investors bring capital to Iraq. Any other option for an increase in value just isn't viable or realistic. So we keep our fingers crossed that investors come to Iraq beginning with a 2020 budget, increased 72 trillion expenditures.
8-22-2019 Newshound/Intel Guru Mnt Goat Article: "Revealed the Finance Committee in the House of Representatives, the formation of a committee to raise the price of the Iraqi dinar against the US dollar." so this goes hand in hand with the news articles we are reading today about re-minting the coins. The best part is they actually used the terms and referenced directly the “project to delete the zeros”. This means they are getting serious about doing it now. This is what we have been waiting for and so this is super fantastic news...
8-22-2019 Intel Guru MarkZ Very little news last night. Hong Kong is still waiting...they believe its “any minute”. ...so many rumors today…nothing confirmable ...One rumor from the banking is we will see everything break loose from noon till evening. In Iraq: The sheer volume of news articles coming out of Iraq is staggering this week. It is all over the news and all over the middle east that Iraq is about to revalue their currency. No new rate posted in the gazette yet today. I still think we are at the end and I still think this week is possible. We are just waiting, which unfortunately we are all very good at.
8-22-2019 Intel Guru RayRen98 STATUS QUO IS THE SAME AS TUESDAY & WEDNESDAY... EXCHANGERS WERE "AT LOCATION" WAITING FOR THE "GO" SIGNAL ...THINGS CAN POP AT ANY MOMENT, ANY HOUR ON THURSDAY...OR ANY DAY!!
8-22-2019 Intel Guru Frank26 ...there is an explosion of information on monetary reform...the citizens now know they're gonna get a whole bunch of imports and exports coming into their markets and they also know that they're going to get purchasing power...and they know that Parliament...is working very well with the CBI...
8-22-2019 Intel/Newshound Guru sandyf ...One of the big problems is that many do not understand the difference between the monetary unit(Dinar) and the currency(IQD). Countries do not remove zeros from the currency, they are removed from the monetary unit. In a redenomination the currency IQD would retain the zeros and a new currency introduced that did not have zeros. The old Turkish lira TRL still has zeros, it was the new currency TRY that had the zeros removed. When reading articles care needs to be taken in respect of the context, are they referring to the monetary unit or the currency.
8-21-2019 Newshound Guru MilitiaMan Now that they have done this, add in they told the citizens what they are going to do by showing them publicly about the NSCNs and coins to come from the CBI. The CBI told the GOI to release those articles for a purpose. That is to stimulate them imo to keep opening accounts as the NSCNs are coming. So...look for the BANKS to start talking to the citizens more and more...They let the cat out of the bag!!! imo...This article is more evidence of it! imo [post 2 of 2]
8-21-2019 Newshound Guru MilitiaMan Article: "Trade completes electronic window project" Quote: "Iraq Trade Point will activate the work of the private sector and promote the growth of the Iraqi economy and will be the focus of all international goods," Franks Teams [Guru Frank26] told us about this to come, the "DEDICATED WINDOW" has arrived. This is timed so that to facilitate imports and exports for global goods. The licensing is in place. They could be setting the stage for interconnection with the ISX and NASDAQ in the short term as well. Investors will be looking to do business and what a place to create that environment now that this has "been done". [post 1 of 2....stay tuned]
8-21-2019 Newshound Guru Kaperoni A couple of very nice articles...came out talking about raising the value of the dinar against other currencies and introducing coins into the market. ...but no where does it say this would occur overnight. [When will this happen] ...if all things go as planned they're planning launch the market economy the first of next year by adding 72 trillion dinars to the 2020 budget. But this is Iraq.
8-21-2019 Newshound Guru future "Finance Committee: Reinstating the civil currency and deleting zeros" Quote: "The Finance Committee in the House of Representatives, on the trend to reintroduce the coin...stressing the importance of pre-empting the coinage process step by "deleting zeros" from the current currencies to be valuable for small cash groups" lots of talk about coins (fils)...small cash groups = lower denoms... seems these coins are gonna play a major role in the market place...vendors etc. ...need new value...i am still looking for an an increase before october 1...
8-21-2019 Newshound/Intel Guru Mnt Goat ...the flood gates have opened and the news is pouring in. ...The parliamentary finance committee has decided that the CBI needs to move to the next step of the “project to delete the zeros” and put the Iraqi dinar on a “level playing field” with the rest of the middle east currencies. Yesterday they came out with the announcement to re-mint the Iraq coins once again. They are saying they now need to put together legislation in which to give the CBI permission to do so...
8-21-2019 Intel Guru RayRen98 EVERYTHING REMAINS THE SAME TODAY, BANKERS ARE EXCITED AND STAND "AT THE READY" ....JUST A-WAITIN' FOR THE RELEASE.
8-21-2019 Intel Guru MarkZ [via PDK] There was not a lot of news overnight…I know we are tired of this “minute to minute” wait…but...I only share what I am told. Lots of people in Zurich, Asia, sitting on the edge of their seats today. I spoke with 2 contacts in Europe are still expecting it to happen today...they thought it was yesterday...but it didn’t happen. Iraq still has the same old street value. My contacts at the Redemption Centers are sitting there twiddling their thumbs today…still hearing its “anytime”. I am still excited about this week.
8-21-2019 Newshound Guru G-Lin Article: "What's the use of coins at the moment" Quote: "The "Finance Committee in the Iraqi Council of Representatives announced on Monday (19-August-2019) the" government direction to reinstate the currency and delete zeros from paper currency in order to strengthen the national economy." I think this is the first time I've seen the word reinstate. I like it. re·in·state (rē′ĭn-stāt′) 1. To bring back into use or existence. 2. To restore to a previous condition or position.
8-21-2019 Newshound/Intel Guru Dinar Investor - Jeff ...They're at the point where they'd be finished setting the stage for the citizens...Notice how they start releasing brand new articles talking about the deletion of the zeros (meaning change the rate)...They're doing that to educate the citizens...I gave you my personal target date of 9-21 or 9-22. Notice how Iraq just put all these articles out roughly thirty days before my target. This level of education can only be done at the very end when they're about to do this. That way it's fresh in the minds of the citizens...this is huge information what we are seeing on the deletion of the zeros and how it's used as a tool to control inflation and when the rate does change how they're going to be releasing the lower denoms along with coins. That's an education step for the citizens but my point is it can only be done at the very end...
8-21-2019 Intel Guru Frank26 Everyone knows... The US Treasury, the Iraqi citizens, the CBI, the GOI, the IMF…Everyone knows. Iraq is now on fire with the reinstatement of their currency.
8-21-2019 Newshound Guru MilitiaMan Article: "Trade completes electronic window project" Quote: "Iraq Trade Point will activate the work of the private sector and promote the growth of the Iraqi economy and will be the focus of all international goods," Franks Teams [Guru Frank26] told us about this to come, the "DEDICATED WINDOW" has arrived. This is timed so that to facilitate imports and exports for global goods. The licensing is in place. They could be setting the stage for interconnection with the ISX and NASDAQ in the short term as well. Investors will be looking to do business and what a place to create that environment now that this has "been done". [post 1 of 2....stay tuned]
8-21-2019 Newshound Guru Kaperoni A couple of very nice articles...came out talking about raising the value of the dinar against other currencies and introducing coins into the market. ...but no where does it say this would occur overnight. [When will this happen] ...if all things go as planned they're planning launch the market economy the first of next year by adding 72 trillion dinars to the 2020 budget. But this is Iraq.
8-21-2019 Newshound Guru future "Finance Committee: Reinstating the civil currency and deleting zeros" Quote: "The Finance Committee in the House of Representatives, on the trend to reintroduce the coin...stressing the importance of pre-empting the coinage process step by "deleting zeros" from the current currencies to be valuable for small cash groups" lots of talk about coins (fils)...small cash groups = lower denoms... seems these coins are gonna play a major role in the market place...vendors etc. ...need new value...i am still looking for an an increase before october 1...
8-21-2019 Newshound/Intel Guru Mnt Goat ...the flood gates have opened and the news is pouring in. ...The parliamentary finance committee has decided that the CBI needs to move to the next step of the “project to delete the zeros” and put the Iraqi dinar on a “level playing field” with the rest of the middle east currencies. Yesterday they came out with the announcement to re-mint the Iraq coins once again. They are saying they now need to put together legislation in which to give the CBI permission to do so...
8-21-2019 Intel Guru RayRen98 EVERYTHING REMAINS THE SAME TODAY, BANKERS ARE EXCITED AND STAND "AT THE READY" ....JUST A-WAITIN' FOR THE RELEASE.
8-21-2019 Intel Guru MarkZ [via PDK] There was not a lot of news overnight…I know we are tired of this “minute to minute” wait…but...I only share what I am told. Lots of people in Zurich, Asia, sitting on the edge of their seats today. I spoke with 2 contacts in Europe are still expecting it to happen today...they thought it was yesterday...but it didn’t happen. Iraq still has the same old street value. My contacts at the Redemption Centers are sitting there twiddling their thumbs today…still hearing its “anytime”. I am still excited about this week.
8-21-2019 Newshound Guru G-Lin Article: "What's the use of coins at the moment" Quote: "The "Finance Committee in the Iraqi Council of Representatives announced on Monday (19-August-2019) the" government direction to reinstate the currency and delete zeros from paper currency in order to strengthen the national economy." I think this is the first time I've seen the word reinstate. I like it. re·in·state (rē′ĭn-stāt′) 1. To bring back into use or existence. 2. To restore to a previous condition or position.
8-21-2019 Newshound/Intel Guru Dinar Investor - Jeff ...They're at the point where they'd be finished setting the stage for the citizens...Notice how they start releasing brand new articles talking about the deletion of the zeros (meaning change the rate)...They're doing that to educate the citizens...I gave you my personal target date of 9-21 or 9-22. Notice how Iraq just put all these articles out roughly thirty days before my target. This level of education can only be done at the very end when they're about to do this. That way it's fresh in the minds of the citizens...this is huge information what we are seeing on the deletion of the zeros and how it's used as a tool to control inflation and when the rate does change how they're going to be releasing the lower denoms along with coins. That's an education step for the citizens but my point is it can only be done at the very end...
8-21-2019 Intel Guru Frank26 Everyone knows... The US Treasury, the Iraqi citizens, the CBI, the GOI, the IMF…Everyone knows. Iraq is now on fire with the reinstatement of their currency.
8-20-2019 Intel Guru MarkZ Everybody still on high alert...Military contacts still believe today could be the kick off.
8-20-2019 Newshound Guru Kaperoni Countries that LOP or redenominate due to failed monetary policy such as hyperinflation, tend to create monetary illusion which is usually done as a last resort. Ultimately, this usually fails again. Iraq has been very successful, therefore not a candidate for such an event.
8-20-2019 Newshound Guru RVAlready I think we are about done. :) ...With Iraq advertising coins on TV, this has to be about over.
8-20-2019 Newshound Guru larrykn Article: "MP Talal Khodier stripped of parliamentary immunity over corruption charges" seem to me they are attacking everyone that is corrupt or slowing the govenment down, looks like a big move is happening now...this could be good news for all of us.
8-20-2019 Intel Guru MarkZ [I hear rates are now on the front screen] I have asked contacts this...they say they can not confirm or deny.
8-20-2019 Intel Guru Frank26 ..."EVERYONE KNOWS!!!" LOL. YES SIR. TODAY...THERE IS MORE AND YOU ARE READING IT !!! NOW PAY ATTENTION TO THE NEXT CLUSTERING OF POLITICAL POSTURING TO SEE THE SOURCES THAT ARE COMING OUT AND TALKING STRAIGHT FORWARD...SOUNDING LOGICAL ABOUT THE IRAQI DINAR SOON TO HAVE A CHANGE IN ITS VALUE BY THE REMOVING OF THE 000'S AND INTRODUCING NEW SMALL CATEGORY NOTES AND THEIR FILS...THE COINS THAT AUTOMATICALLY EQUAL A CHANGE IN THEIR EXCHANGE RATE...PREPARE YOURSELF TO DO THE IMPOSSIBLE...
8-20-2019 Newshound/Intel Guru Dinar Investor - Jeff The formation of the government...is the linchpin...Iraq has delayed the formation of the government this entire year so they could set the stage...In my opinion the setting of the stage ends at the end of August and that's why they have the formation of the government set for September. But now they have a brand new pattern coming into the news as the setting of the stage suggests to be ending in August...
8-20-2019 Newshound Guru MilitiaMan "the Finance Committee will work to raise the price of the dinar against the dollar and give it strength among other currencies in the Arab world, or at least maintain the current exchange rate to have monetary power within Local market.“ This is not talking about a program rate! Imo.
8-20-2019 Intel Guru MarkZ [via PDK] Contacts are sitting at the edge of their seats – waiting for the release today…Rumor that 5 of the 8 800 numbers have been sent out to the people who were to release them. …I have not been able to verify it….many, many people are thinking its today... Spoke to 2 contacts in Europe…they are looking for a release today... I think today is our day. I expect one of three things... 1. Money at our level 2. Information on exactly where we are 3. Both. As of last night in Iraq I hear they are still using the old rates.
8-20-2019 Newshound Guru Vital Brad ...I found the current rates of all the countries within Iraq's region...Iraq's right there...at .00083. It's the lowest besides Iran with everything that's going on in Iran right now...Kuwait: one Kuwaiti dinar is 3.28 US dollars so it's a very valuable currency...Jordon: 1.41...Turkey: .17 ... Saudi Arabia .26 . So Iraq's currency is way undervalued for the amount of oil that it carries...
8-20-2019 Intel Guru Frank26 ...We have a total of about 21 articles about the coins...yeah this is impressive... article after article after article after article about the coins...This step is monumental. This step is as close as you can get to the "second article" from the CBI...that will explain everything to the citizens step-by-step. Article "The Finance Committee in the House of Representatives revealed that there is a tendency to reintroduce the coin..." ...when they do reinstate their currency they will use the ATM machines and the banks to distribute the new small category notes...the citizens now know even though it's not yet directly from the CBI...
8-20-2019 Intel Guru Delta URGENT FROM IRAQI TV: "Parliamentary Finance Committee intends to raise the price of the dinar against the dollar and give it strength among other currencies." IT'S ALL OVER THE NEWS NOW ALL ABOUT RAISING THE VALUE...
8-20-2019 Newshound/Intel Guru Dinar Investor - Jeff ...they are telling us...coins are needed when you have a higher exchange rate such as Kuwait...you can't have coins in circulation in your country unless you have a fair exchange rate. Article: "Deleting of Zeroes Curbs Inflation" They need to delete the zeroes to curb inflation that will allow them to mint coins and they will have a higher exchange rate from the deletion of the zeroes to support and sustain and allow for the minting and use of coins within their currency. [post 2 of 2]
8-20-2019 Newshound/Intel Guru Dinar Investor - Jeff Today we had articles on coins, their importance and significance and how they're related to changing the rate which is deleting the zeroes...These articles are from the Finance Committee... But there's another layer to this...the foundation or starting point for all of this. Article: "Directed To re-work the Coin" Quote: "Bank of Iraq, aimed at raising the dinar exchange rate and maintaining the stability of inflation" ...The reason they are saying they need to increase the dinar exchange rate to maintain stability of the inflation...that's actually the foundation right now for deleting the zeroes and implementing lower denoms...plus coins. [post 1 of 2....stay tuned]
8-20-2019 Newshound Guru Kaperoni Countries that LOP or redenominate due to failed monetary policy such as hyperinflation, tend to create monetary illusion which is usually done as a last resort. Ultimately, this usually fails again. Iraq has been very successful, therefore not a candidate for such an event.
8-20-2019 Newshound Guru RVAlready I think we are about done. :) ...With Iraq advertising coins on TV, this has to be about over.
8-20-2019 Newshound Guru larrykn Article: "MP Talal Khodier stripped of parliamentary immunity over corruption charges" seem to me they are attacking everyone that is corrupt or slowing the govenment down, looks like a big move is happening now...this could be good news for all of us.
8-20-2019 Intel Guru MarkZ [I hear rates are now on the front screen] I have asked contacts this...they say they can not confirm or deny.
8-20-2019 Intel Guru Frank26 ..."EVERYONE KNOWS!!!" LOL. YES SIR. TODAY...THERE IS MORE AND YOU ARE READING IT !!! NOW PAY ATTENTION TO THE NEXT CLUSTERING OF POLITICAL POSTURING TO SEE THE SOURCES THAT ARE COMING OUT AND TALKING STRAIGHT FORWARD...SOUNDING LOGICAL ABOUT THE IRAQI DINAR SOON TO HAVE A CHANGE IN ITS VALUE BY THE REMOVING OF THE 000'S AND INTRODUCING NEW SMALL CATEGORY NOTES AND THEIR FILS...THE COINS THAT AUTOMATICALLY EQUAL A CHANGE IN THEIR EXCHANGE RATE...PREPARE YOURSELF TO DO THE IMPOSSIBLE...
8-20-2019 Newshound/Intel Guru Dinar Investor - Jeff The formation of the government...is the linchpin...Iraq has delayed the formation of the government this entire year so they could set the stage...In my opinion the setting of the stage ends at the end of August and that's why they have the formation of the government set for September. But now they have a brand new pattern coming into the news as the setting of the stage suggests to be ending in August...
8-20-2019 Newshound Guru MilitiaMan "the Finance Committee will work to raise the price of the dinar against the dollar and give it strength among other currencies in the Arab world, or at least maintain the current exchange rate to have monetary power within Local market.“ This is not talking about a program rate! Imo.
8-20-2019 Intel Guru MarkZ [via PDK] Contacts are sitting at the edge of their seats – waiting for the release today…Rumor that 5 of the 8 800 numbers have been sent out to the people who were to release them. …I have not been able to verify it….many, many people are thinking its today... Spoke to 2 contacts in Europe…they are looking for a release today... I think today is our day. I expect one of three things... 1. Money at our level 2. Information on exactly where we are 3. Both. As of last night in Iraq I hear they are still using the old rates.
8-20-2019 Newshound Guru Vital Brad ...I found the current rates of all the countries within Iraq's region...Iraq's right there...at .00083. It's the lowest besides Iran with everything that's going on in Iran right now...Kuwait: one Kuwaiti dinar is 3.28 US dollars so it's a very valuable currency...Jordon: 1.41...Turkey: .17 ... Saudi Arabia .26 . So Iraq's currency is way undervalued for the amount of oil that it carries...
8-20-2019 Intel Guru Frank26 ...We have a total of about 21 articles about the coins...yeah this is impressive... article after article after article after article about the coins...This step is monumental. This step is as close as you can get to the "second article" from the CBI...that will explain everything to the citizens step-by-step. Article "The Finance Committee in the House of Representatives revealed that there is a tendency to reintroduce the coin..." ...when they do reinstate their currency they will use the ATM machines and the banks to distribute the new small category notes...the citizens now know even though it's not yet directly from the CBI...
8-20-2019 Intel Guru Delta URGENT FROM IRAQI TV: "Parliamentary Finance Committee intends to raise the price of the dinar against the dollar and give it strength among other currencies." IT'S ALL OVER THE NEWS NOW ALL ABOUT RAISING THE VALUE...
8-20-2019 Newshound/Intel Guru Dinar Investor - Jeff ...they are telling us...coins are needed when you have a higher exchange rate such as Kuwait...you can't have coins in circulation in your country unless you have a fair exchange rate. Article: "Deleting of Zeroes Curbs Inflation" They need to delete the zeroes to curb inflation that will allow them to mint coins and they will have a higher exchange rate from the deletion of the zeroes to support and sustain and allow for the minting and use of coins within their currency. [post 2 of 2]
8-20-2019 Newshound/Intel Guru Dinar Investor - Jeff Today we had articles on coins, their importance and significance and how they're related to changing the rate which is deleting the zeroes...These articles are from the Finance Committee... But there's another layer to this...the foundation or starting point for all of this. Article: "Directed To re-work the Coin" Quote: "Bank of Iraq, aimed at raising the dinar exchange rate and maintaining the stability of inflation" ...The reason they are saying they need to increase the dinar exchange rate to maintain stability of the inflation...that's actually the foundation right now for deleting the zeroes and implementing lower denoms...plus coins. [post 1 of 2....stay tuned]
8-19-2019 Newshound Guru chattels Article quote: "The delegation of the Kurdistan Regional Government will go to Baghdad during the coming days based on the previous mutual visits, where it was decided to form committees on the oil and budget and Article 140." I am slightly hopeful that Mahdi can resolve some issues with the Kurds. The Kurds seem to like and trust him. The political forces opposing Mahdi in Baghdad are substantial. Many would just as soon crush the Kurds. Rightfully or wrongly, I have believed for a long time that stability in Iraq and the eventuality of our liquidity event depend upon the Kurds indirectly. Mahdi seems our best hope for stability in Iraq, IMO.
8-19-2019 Newshound Guru Kaperoni Article: "Parliamentary Finance Committee intends to raise the price of the dinar against the dollar and give it strength among other currencies."
8-19-2019 Intel Guru RayRen98 Various Bank Sources are reporting the following...
A. "Just received a memo stating to get ready, no rates were seen."
B. "Some bank staff were told to report to their "Exchange Center" today."
C. "My Wealth Manager told me to get excited and that we would speak later this evening."
D. "My bank contact wouldn't answer his phone. He told me if he doesn't answer, it's because he's at the "Exchange Center" and can't talk on the phone."
Each message is from a different banking institution, all Tier 1 banks. Members...are reporting their bank contacts not answering their calls...hmmm?
8-19-2019 Newshound Guru Don961 Article: "...Coins that have been used in Iraq over the past decades must be restored"
8-19-2019 Intel Guru Frank26 Article quote: "...The Finance Committee in the House of Representatives revealed that there is a tendency to reintroduce the coin, which has been used for decades in the country, while members of the Committee proposed to pre-empt the coin minting process by "deleting zeros" from the current currencies to be of value to the small cash groups."
8-19-2019 Intel Guru MarkZ [via PDK] According to Reno paymaster - he is expecting funding overnight and instantly accessible in the morning. No new rate in Iraq yet..they do have great and high expectations. Redemption center contacts are in early morning meetings…should have a update by noon.
8-19-2019 Intel Guru Delta [When do they do 2020 budget?] PARLIAMENT WILL GET IT NEXT MONTH...
8-19-2019 Intel Guru Frank26 Hypothetical Question: Okay, I'm at the bank...What do I do now? ...Start bartering! It depends on your power and how many you have...if not you don't have room to barter...remember what I told you, You are Mr. Clampett. They are Mr. Drysdale. Act accordingly. Demand what is yours. Do not settle for anything less...
8-19-2019 Newshound/Intel Guru Dinar Investor - Jeff Iraq is not Article VIII until they physically make their currency internationally recognized and/or they change the rate...roughly from the beginning of 2018...Iraq started rolling out the MasterCards and the Visas suggesting they're now international. They're partially international. Not 100%. Here's what it is. The Iraqi citizens have to be able to travel abroad and purchase things off the internet and live a normal life the way you and I do...Don't get too excited about this because they've been doing this since the beginning of 2018...it's nothing to get too excited about because they've been doing this for over a year now...It's good news regardless. It shows we're getting close but it's nothing to get super excited about...
8-19-2019 Intel Guru RayRen98 Iraqi TV was broadcasting that the government is implementing reforms to attract investment revenue. News casters are reporting that citizens receiving the new cards has surpassed 80% with 90% completion projected in the coming days. Western Union announced that effective Sunday, citizens will be able to send Dinar outside of the country.
8-19-2019 Newshound Guru Kaperoni Article: "Parliamentary Finance Committee intends to raise the price of the dinar against the dollar and give it strength among other currencies."
8-19-2019 Intel Guru RayRen98 Various Bank Sources are reporting the following...
A. "Just received a memo stating to get ready, no rates were seen."
B. "Some bank staff were told to report to their "Exchange Center" today."
C. "My Wealth Manager told me to get excited and that we would speak later this evening."
D. "My bank contact wouldn't answer his phone. He told me if he doesn't answer, it's because he's at the "Exchange Center" and can't talk on the phone."
Each message is from a different banking institution, all Tier 1 banks. Members...are reporting their bank contacts not answering their calls...hmmm?
8-19-2019 Newshound Guru Don961 Article: "...Coins that have been used in Iraq over the past decades must be restored"
8-19-2019 Intel Guru Frank26 Article quote: "...The Finance Committee in the House of Representatives revealed that there is a tendency to reintroduce the coin, which has been used for decades in the country, while members of the Committee proposed to pre-empt the coin minting process by "deleting zeros" from the current currencies to be of value to the small cash groups."
8-19-2019 Intel Guru MarkZ [via PDK] According to Reno paymaster - he is expecting funding overnight and instantly accessible in the morning. No new rate in Iraq yet..they do have great and high expectations. Redemption center contacts are in early morning meetings…should have a update by noon.
8-19-2019 Intel Guru Delta [When do they do 2020 budget?] PARLIAMENT WILL GET IT NEXT MONTH...
8-19-2019 Intel Guru Frank26 Hypothetical Question: Okay, I'm at the bank...What do I do now? ...Start bartering! It depends on your power and how many you have...if not you don't have room to barter...remember what I told you, You are Mr. Clampett. They are Mr. Drysdale. Act accordingly. Demand what is yours. Do not settle for anything less...
8-19-2019 Newshound/Intel Guru Dinar Investor - Jeff Iraq is not Article VIII until they physically make their currency internationally recognized and/or they change the rate...roughly from the beginning of 2018...Iraq started rolling out the MasterCards and the Visas suggesting they're now international. They're partially international. Not 100%. Here's what it is. The Iraqi citizens have to be able to travel abroad and purchase things off the internet and live a normal life the way you and I do...Don't get too excited about this because they've been doing this since the beginning of 2018...it's nothing to get too excited about because they've been doing this for over a year now...It's good news regardless. It shows we're getting close but it's nothing to get super excited about...
8-19-2019 Intel Guru RayRen98 Iraqi TV was broadcasting that the government is implementing reforms to attract investment revenue. News casters are reporting that citizens receiving the new cards has surpassed 80% with 90% completion projected in the coming days. Western Union announced that effective Sunday, citizens will be able to send Dinar outside of the country.
8-18-2019 Intel Guru Frank26 ...every bank has an 800 number...for someone to tell you "I have an 800 number that is the only number that you can call to exchange your currency." I don't know about that. That's not true. That's erroneous. That's powerfully wrong. It's dangerous to even say something like that in my opinion...I disagree strongly...I don't know anything about those numbers and I don't want anything to do with it. Every bank has an 800 number...
8-18-2019 Newshound/Intel Guru RVAlready ...with MasterCard being international, there is reason to let this go. Especially as CBI is sponsoring MasterCard. If we do not start exchanging, MasterCard is going to get a lot of business. Iraq is ready...we are still in the window...Road is about done!
8-18-2019 Newshound Guru G-Lin Article: "Legal clarifies the decision of the Federal Court on the entry into force of Article 140 of the Constitution" I believe this is about the legality of Art. 140 and the court ruled that it will stand as written in the constitution. The question was about the expiration date of 12/31/2007 for implementation as stated in Art. 140 and the court said it would require a constitutional amendment to change or do away with Art. 140. I think this is a good thing for sure. And interesting timing. We know the profit sharing portion of HCL has already been addressed. As usual it seems to be all about the implementation with Iraq. Art. 140 was good to go 12 years ago...
8-18-2019 Newshound Guru chattels Article quote: "The summary of the above shows us that exceeding the constitutional deadlines is not intended to drop its articles because this requires an amendment in accordance with the mechanisms set forth in the Constitution itself, but to determine the responsibility of the body that is responsible for implementing them and if they exceed them are held accountable in accordance with the constitutional contexts of the concerned authorities " Amendment of the Constitution is required if Article 140 was not to have force and effect prospectively or to be "dropped". Thank your lucky stars that no amendment of the Constitution is necessary. Amendment of the Constitution requires a super majority vote of the Parliament. The Iraqi Parliament cannot agree upon the time of day under such requirements.
8-18-2019 Newshound/Intel Guru Dinar Investor - Jeff You're not going to see anything until...the second half of September... Remember last week they came into monies. They said they were adding 170 billion dinar to the '19 budget for reconstruction for Baghdad only and then also...the Kurds told them that they were going to release the Kuwait reconstruction money...to Baghdad. ...You have to look at accounting periods because this is the movement of a large amount of money. So the fact that they came into all this money in the middle of Q-3...that money is for Q-4...they have to walk into Q-4 with that money...Your target is Q-3 in this. This article is confirming we are looking really good. IMO.
8-18-2019 Newshound/Intel Guru RVAlready ...with MasterCard being international, there is reason to let this go. Especially as CBI is sponsoring MasterCard. If we do not start exchanging, MasterCard is going to get a lot of business. Iraq is ready...we are still in the window...Road is about done!
8-18-2019 Newshound Guru G-Lin Article: "Legal clarifies the decision of the Federal Court on the entry into force of Article 140 of the Constitution" I believe this is about the legality of Art. 140 and the court ruled that it will stand as written in the constitution. The question was about the expiration date of 12/31/2007 for implementation as stated in Art. 140 and the court said it would require a constitutional amendment to change or do away with Art. 140. I think this is a good thing for sure. And interesting timing. We know the profit sharing portion of HCL has already been addressed. As usual it seems to be all about the implementation with Iraq. Art. 140 was good to go 12 years ago...
8-18-2019 Newshound Guru chattels Article quote: "The summary of the above shows us that exceeding the constitutional deadlines is not intended to drop its articles because this requires an amendment in accordance with the mechanisms set forth in the Constitution itself, but to determine the responsibility of the body that is responsible for implementing them and if they exceed them are held accountable in accordance with the constitutional contexts of the concerned authorities " Amendment of the Constitution is required if Article 140 was not to have force and effect prospectively or to be "dropped". Thank your lucky stars that no amendment of the Constitution is necessary. Amendment of the Constitution requires a super majority vote of the Parliament. The Iraqi Parliament cannot agree upon the time of day under such requirements.
8-18-2019 Newshound/Intel Guru Dinar Investor - Jeff You're not going to see anything until...the second half of September... Remember last week they came into monies. They said they were adding 170 billion dinar to the '19 budget for reconstruction for Baghdad only and then also...the Kurds told them that they were going to release the Kuwait reconstruction money...to Baghdad. ...You have to look at accounting periods because this is the movement of a large amount of money. So the fact that they came into all this money in the middle of Q-3...that money is for Q-4...they have to walk into Q-4 with that money...Your target is Q-3 in this. This article is confirming we are looking really good. IMO.
8-17-2019 Newshound/Intel Guru RVAlready Seems that the BANG BANG BANG at the BANG BANG BANG at the front door could be the RV trying to come in. I suspect it will be taken care of by Monday morning.
8-17-2019 Newshound/Intel Dinar Investor - Jeff Article "Legal clarifies the decision of the Federal Court on the entry into force of Article 140 of the constitution". This article is confirming everything that I'm sharing with you...don't forget Article 140 was enacted back in 2005. This article tells you it has to be amended...this plus the HCL can only happen at the very end. This is telling you guys were at the end of this ride. There is no question. We know that for a fact...that means...you're waiting until the second half of September...we look really good.
8-17-2019 Intel Guru Frank26 ...on TV they are saying the Iraqi government is implementing reforms...to attract investment. To boost growth and infrastructure and wanting to create new jobs...they say this will change Iraq's economy...They even showed a video on this...news saying over 80% of citizens have cards now and will have over 90% in a short period of time...We are seeing more and more commercials on the electronic billboards today. Hear all about citizens using our new cards (Visa and MasterCard) at the new ATMs in commercials. This is all over town...Western Union says on Sunday that...Iraqi citizens can send the Iraqi Dinar outside of their country.
8-17-2019 Newshound/Intel Guru Mnt Goat Article: "NO CONFIDENCE VOTE ON MAHDI UNTIL AT LEAST SECOND LEGISLATIVE TERM" relax everyone. Mahdi is not going anywhere!
8-17-2019 Newshound/Intel Dinar Investor - Jeff Article "Legal clarifies the decision of the Federal Court on the entry into force of Article 140 of the constitution". This article is confirming everything that I'm sharing with you...don't forget Article 140 was enacted back in 2005. This article tells you it has to be amended...this plus the HCL can only happen at the very end. This is telling you guys were at the end of this ride. There is no question. We know that for a fact...that means...you're waiting until the second half of September...we look really good.
8-17-2019 Intel Guru Frank26 ...on TV they are saying the Iraqi government is implementing reforms...to attract investment. To boost growth and infrastructure and wanting to create new jobs...they say this will change Iraq's economy...They even showed a video on this...news saying over 80% of citizens have cards now and will have over 90% in a short period of time...We are seeing more and more commercials on the electronic billboards today. Hear all about citizens using our new cards (Visa and MasterCard) at the new ATMs in commercials. This is all over town...Western Union says on Sunday that...Iraqi citizens can send the Iraqi Dinar outside of their country.
8-17-2019 Newshound/Intel Guru Mnt Goat Article: "NO CONFIDENCE VOTE ON MAHDI UNTIL AT LEAST SECOND LEGISLATIVE TERM" relax everyone. Mahdi is not going anywhere!
8-16-2019 Intel Guru MarkZ [via PDK] We are hearing a hard date/line in the sand has been given to Mr. Trump... Do not know that date... ...Many think we will be banking on Monday. I have heard from several banking sources that the QFS has already started... Iraq said they would pay their employees by MasterCard by next week. They were supposed to be paid starting the 15th with a new rate...we are very hopeful we are about to see it everywhere...
8-16-2019 Newshound/Intel Guru Mnt Goat Article: "ARTICLE 140 WILL BE ENFORCED" IS ARTICLE 140 ALL COMPLETED? …Article 140 is not completed and needs a legal referendum...Again I am telling everyone that Article 140 is required. It is part of the new Iraqi constitution and the entire constitution must be implemented and enforced prior to the reinstatement...
8-16-2019 Newshound Guru Kaperoni Article today says the CBI reserves are up to 72 billion.
8-16-2019 Intel Guru Frank26 ...parliament made it very clear on television...purchasing power...in the first term session...the world knows they're Article VIII. It's not a secret. Now purchasing power is what the citizens want. Right now though they're cleaning everything up...
8-16-2019 Newshound/Intel Guru Mnt Goat Articles: "A COURT ORDER WAS ISSUED APPOINTING AN INSPECTOR GENERAL IN THE CENTRAL BANK OF IRAQ"; "APPOINTMENT OF AN INSPECTOR OF THE CENTRAL BANK OF IRAQ, USUALLY VIOLATED HIS INDEPENDENCE AND EXCEEDED ITS LAW" This is WOW! news! ...This yet another step in cleaning up the corruption in the CBI...The new law passed this year, the Financial Management Law states that an inspector general will be appointed over the CBI. The positions has very specific auditing responsibilities and will not interfere with monetary policy. So we are witnessing them implement this new law. This is all very good for us.
8-16-2019 Newshound Guru Kaperoni I find it funny that the guru's talk about ATM machines as if they're not working, and some mythical RV must happen for them to work. Wrong! They're fully operational right now and have been so for quite some time dispensing dinar notes at the current exchange rate.
8-16-2019 Newshound/Intel Guru Mnt Goat Article: "ARTICLE 140 WILL BE ENFORCED" IS ARTICLE 140 ALL COMPLETED? …Article 140 is not completed and needs a legal referendum...Again I am telling everyone that Article 140 is required. It is part of the new Iraqi constitution and the entire constitution must be implemented and enforced prior to the reinstatement...
8-16-2019 Newshound Guru Kaperoni Article today says the CBI reserves are up to 72 billion.
8-16-2019 Intel Guru Frank26 ...parliament made it very clear on television...purchasing power...in the first term session...the world knows they're Article VIII. It's not a secret. Now purchasing power is what the citizens want. Right now though they're cleaning everything up...
8-16-2019 Newshound/Intel Guru Mnt Goat Articles: "A COURT ORDER WAS ISSUED APPOINTING AN INSPECTOR GENERAL IN THE CENTRAL BANK OF IRAQ"; "APPOINTMENT OF AN INSPECTOR OF THE CENTRAL BANK OF IRAQ, USUALLY VIOLATED HIS INDEPENDENCE AND EXCEEDED ITS LAW" This is WOW! news! ...This yet another step in cleaning up the corruption in the CBI...The new law passed this year, the Financial Management Law states that an inspector general will be appointed over the CBI. The positions has very specific auditing responsibilities and will not interfere with monetary policy. So we are witnessing them implement this new law. This is all very good for us.
8-16-2019 Newshound Guru Kaperoni I find it funny that the guru's talk about ATM machines as if they're not working, and some mythical RV must happen for them to work. Wrong! They're fully operational right now and have been so for quite some time dispensing dinar notes at the current exchange rate.
8-15-2019 Newshound/Intel Guru Mnt Goat We still wait for the banking reforms to take hold. The CBI is still in the last phase of getting people on the credit and debit cards...The ATMs are up and working. They are distributing mostly the 250, 500 and 1,000 notes. Just recently they also re-introduced the 50 dinar notes too. The other planned smaller category notes are NOT yet in circulation but are being planned as the economic conditions dictate. ...I do see our newest window could be until the end of August until the new session of parliament on Sept 3rd begins... I say this...because parliament told us themselves this was their plan to implement the currency reform before the end of the first session of parliament. We are getting close to the end. In fact, they are already on recess and the end is technically already here. So, this window I speak of may already be all for nothing. But let’s wait it out and see what happens.
8-15-2019 Newshound/Intel Guru Dinar Investor - Jeff ...If they release lower denoms before the rate changes the first thing is people would have to carry large sacks or duffel bags of lower denoms and coins to the stores to buy consumer goods...the fastest way they piss the citizens off is if they have to start carrying very large bags of currency...because the rate hasn't changed...second...if you released smaller notes to replace bigger notes and you don't change the rate you've just devalued your currency...On March 20th the CBI already came out and said they plan to increase the exchange rate of the Iraqi dinar. So if they're going to increase the exchange rate means that the lower notes have to be release at the same time as the rate increases otherwise it will be a devaluation...
8-15-2019 Intel Guru MarkZ [via PDK] Spoke with Isaac last night…(in Zurich)...he is expecting currency funds tomorrow... I talked with 2 other contacts in Europe who are saying similar...No change of value in Iraq as of yet. [when do you think they could fire up the 800 numbers?] I am hoping to see them today...I believe we are sitting on the precipice of implosion that will push this reset to fruition. I know this waiting has been excruciating ...this reset has taken decades...and we are in the final days...we need this reset out the door NOW...
8-15-2019 Newshound Guru Kaperoni You cannot stop currency auctions until you have something to replace it. The auction is what keeps the stability of the currency. Until Iraq accepts Article VIII, the dinar is traded globally, currency auctions will continue. Auctions also serve as revenue generator for the CBI...
8-15-2019 Newshound/Intel Guru Mnt Goat We have read over and over again that they need to get the POS (point of sale) machines and ATMs (Automatic Teller Machines) up and running and most importantly for the citizens to use them. This is all part of the “project to delete the zeros”. So far, they have been very successful and are even currently paying almost 80% of the payrolls now to the citizens via electronic means. They want to soon get close to 95% by the end of the year. So the BIG push is on... Later yes, these cards can be used overseas or out of country to also conduct international business but they will need FOREX to determine the rate for the conversion...
8-15-2019 Newshound/Intel Guru Dinar Investor - Jeff The formation of the government...has everything to do with this and that's what the delay is...the number one thing...you want to keep your eyes on is the formation of the government. That's what's letting you know when you're reaching the finish line...Back on February 27th of this year Iraq had a key meeting called the National Meeting. All the members of government were present. One of the things they did was...celebrated being a brand new "unified" country...three days later on Saturday an article came out stating Iraq is now "unified"...back on that "five year delay" article from 2014 the CBI stressed that they would not delete the zeros until Iraq had political stability...making the formation of the government the linchpin to the rate change...
8-15-2019 Newshound Guru MilitiaMan Article: "The Kurdish delegation's visit to Baghdad will discuss the return of the region's share of the budget to 17 percent" So it looks like they are going to put this issue to bed finally!! I like the time line they have too. Seems to fit in line with all the education they have had on going. All the pressures from so many angles are noted that support that everyone is ready for them to complete reforms and open up to the world by twining Baghdad and Kurdistan regions into one cohesive body working for all the common good. That time frame they give is immediately after Eid Al Adha... That time frame is upon us so very shortly. Eid is over this week our time... So, I am not in any hurry to poo poo this meeting. The timing of it is in my humble opinion to be right on schedule... A big window this weekend! imo.
8-15-2019 Intel Guru MarkZ [Is Trump doing all he can to help us.] Trump is the first President to want this reset…the first one not to actively stop it… In Iraq. No new value on the dinar yet. Nothing posted in the Gazette today. Still hearing the street rate is $3.91...Our contract rates should be about $2 higher.
8-15-2019 Newshound/Intel Guru Dinar Investor - Jeff ...If they release lower denoms before the rate changes the first thing is people would have to carry large sacks or duffel bags of lower denoms and coins to the stores to buy consumer goods...the fastest way they piss the citizens off is if they have to start carrying very large bags of currency...because the rate hasn't changed...second...if you released smaller notes to replace bigger notes and you don't change the rate you've just devalued your currency...On March 20th the CBI already came out and said they plan to increase the exchange rate of the Iraqi dinar. So if they're going to increase the exchange rate means that the lower notes have to be release at the same time as the rate increases otherwise it will be a devaluation...
8-15-2019 Intel Guru MarkZ [via PDK] Spoke with Isaac last night…(in Zurich)...he is expecting currency funds tomorrow... I talked with 2 other contacts in Europe who are saying similar...No change of value in Iraq as of yet. [when do you think they could fire up the 800 numbers?] I am hoping to see them today...I believe we are sitting on the precipice of implosion that will push this reset to fruition. I know this waiting has been excruciating ...this reset has taken decades...and we are in the final days...we need this reset out the door NOW...
8-15-2019 Newshound Guru Kaperoni You cannot stop currency auctions until you have something to replace it. The auction is what keeps the stability of the currency. Until Iraq accepts Article VIII, the dinar is traded globally, currency auctions will continue. Auctions also serve as revenue generator for the CBI...
8-15-2019 Newshound/Intel Guru Mnt Goat We have read over and over again that they need to get the POS (point of sale) machines and ATMs (Automatic Teller Machines) up and running and most importantly for the citizens to use them. This is all part of the “project to delete the zeros”. So far, they have been very successful and are even currently paying almost 80% of the payrolls now to the citizens via electronic means. They want to soon get close to 95% by the end of the year. So the BIG push is on... Later yes, these cards can be used overseas or out of country to also conduct international business but they will need FOREX to determine the rate for the conversion...
8-15-2019 Newshound/Intel Guru Dinar Investor - Jeff The formation of the government...has everything to do with this and that's what the delay is...the number one thing...you want to keep your eyes on is the formation of the government. That's what's letting you know when you're reaching the finish line...Back on February 27th of this year Iraq had a key meeting called the National Meeting. All the members of government were present. One of the things they did was...celebrated being a brand new "unified" country...three days later on Saturday an article came out stating Iraq is now "unified"...back on that "five year delay" article from 2014 the CBI stressed that they would not delete the zeros until Iraq had political stability...making the formation of the government the linchpin to the rate change...
8-15-2019 Newshound Guru MilitiaMan Article: "The Kurdish delegation's visit to Baghdad will discuss the return of the region's share of the budget to 17 percent" So it looks like they are going to put this issue to bed finally!! I like the time line they have too. Seems to fit in line with all the education they have had on going. All the pressures from so many angles are noted that support that everyone is ready for them to complete reforms and open up to the world by twining Baghdad and Kurdistan regions into one cohesive body working for all the common good. That time frame they give is immediately after Eid Al Adha... That time frame is upon us so very shortly. Eid is over this week our time... So, I am not in any hurry to poo poo this meeting. The timing of it is in my humble opinion to be right on schedule... A big window this weekend! imo.
8-15-2019 Intel Guru MarkZ [Is Trump doing all he can to help us.] Trump is the first President to want this reset…the first one not to actively stop it… In Iraq. No new value on the dinar yet. Nothing posted in the Gazette today. Still hearing the street rate is $3.91...Our contract rates should be about $2 higher.
8-14-2019 Intel Guru MarkZ [Can Iraq go without the GCR?] They can...it would only be an in-country RV because of the Gold treaty...That’s what Kuwait did…they kept it in-country and quiet for 10 days before it went international.
8-14-2019 Newshound/Intel Guru Adam Montana [My personal belief is the corruption factor has to be eliminated and/or all previous crooks have to be dealt with.] Fact is, corruption exists and always will - yet progress still continues. We will never see a complete elimination of it, so the question becomes “what level of corruption will allow for the next progression?” I wholeheartedly believe Iraq has made enough progress in this area to allow an RV.
8-14-2019 Newshound Guru Dinar Investor - Jeff Will the smaller denomination come out before the RI/RV? In my opinion, no...Banks are stocked and ready to go. Basically the day the rate changes the banks will have the drawers stocked ready to start passing them out. It's that simple. So no they are not going to come out ahead of time. They'll come out the same morning that the rate changes. It's all going to happen together at the same time...
8-14-2019 Newshound/Intel Guru Mnt Goat Again, I am telling everyone what is holding back the reinstatement of the Iraqi dinar. It is corruption and the fight to clean it up. It is also not having their constitution “fully” implemented. This is a necessity. While in this process the CBI proceeds to continue with the project to delete the zeros. Yes, we all know there much corruption even at the minor level but in Iraq it is also massive and the authorities are not going to let the dinar reinstate until this is settle to their satisfaction...
8-14-2019 Newshound Guru Adam Montana We are at the end of Eid al-Adha, but that's not a holiday that brings business to a complete screeching halt like Ramadan. There is a lot of movement regarding the HCL... Article quote: "the committee did not address the discussion of the law of oil and gas, stressing the interest of the Committee on this subject and it will be a priority to legislate this law during the next phase." This Iraqi dinar RV really looks like it's in the final stages...
8-14-2019 Newshound Guru Dinar Investor - Jeff Even though parliament isn't in session...can they still revalue the currency? The answer to that is yes and no. Let me tell you why it's yes. Technically there are laws in place. The CBI is completely autonomous from the government. They are a separate group, a separate structure. They do their own thing with the money. The government does their own thing with laws and legislation. BUT in this instance the CBI made it very clear they are seeking stability. That's why we're waiting on the formation of the government. Because of how much money has been stolen from the government. This is very important to Iraq to remove all the corruption and get a solid formed technocrat government in place...
8-14-2019 Intel Guru Frank26 ...the CBI is on a vicious campaign to educate the citizens and make sure that it works with them because if it doesn't work internally...the reinstatement of the Iraqi dinar will never leave the country and go externally and internationally and grow with value...everyday the CBI is letting you know and the citizens know... [via firefly77] our electronic billboards are showing the ATM machines. The citizens MasterCard is plastered all over these billboards...it's a commercial but at the same time it's education...
8-14-2019 Intel Guru MarkZ [I just read ...that the Dong wont be revalued for 2 to 3 years AFTER the RV starts...Thoughts?] I still believe its in the first basket...I saw that rumor which makes me think its misinformation or smoke…Vietnam holds a great deal of Iraqi dinar in their treasury/foreign currency reserves just like Iraq holds a great deal of VND. …it would be a huge imbalance if they did not go together…Remember when Kuwait RV’d they said they were months or years away from revaluing…remember in the 90’s China said in a number of articles that no way were they ready to rv their currency and bam…they did it the next day. IMO this disinformation means we are very close.
8-14-2019 Newshound Guru Kaperoni ...There is no way the dinar can substantially revalue..especially at $3+. Iraq simply has to much currency in circulation...It is simply impossible for such an event to occur. An RV or RI even at 1 to $1 is not possible with 42 trillion dinar in circulation. That is 3 times the worlds money supply. Iraq could never afford such an event. The only possible solution would be a slow growth via a float as investment comes into Iraq to offset pressure/inflation. They then could collect dinar as it gradually appreciates reducing the money supply and liability. I know, the speed or rate in which a currency appreciates is based on the pressure created on the financial system which is controlled by the amount of investment. So the faster the investment or greater the investment, the faster the appreciation will be of the currency.
8-14-2019 Newshound/Intel Guru Adam Montana [My personal belief is the corruption factor has to be eliminated and/or all previous crooks have to be dealt with.] Fact is, corruption exists and always will - yet progress still continues. We will never see a complete elimination of it, so the question becomes “what level of corruption will allow for the next progression?” I wholeheartedly believe Iraq has made enough progress in this area to allow an RV.
8-14-2019 Newshound Guru Dinar Investor - Jeff Will the smaller denomination come out before the RI/RV? In my opinion, no...Banks are stocked and ready to go. Basically the day the rate changes the banks will have the drawers stocked ready to start passing them out. It's that simple. So no they are not going to come out ahead of time. They'll come out the same morning that the rate changes. It's all going to happen together at the same time...
8-14-2019 Newshound/Intel Guru Mnt Goat Again, I am telling everyone what is holding back the reinstatement of the Iraqi dinar. It is corruption and the fight to clean it up. It is also not having their constitution “fully” implemented. This is a necessity. While in this process the CBI proceeds to continue with the project to delete the zeros. Yes, we all know there much corruption even at the minor level but in Iraq it is also massive and the authorities are not going to let the dinar reinstate until this is settle to their satisfaction...
8-14-2019 Newshound Guru Adam Montana We are at the end of Eid al-Adha, but that's not a holiday that brings business to a complete screeching halt like Ramadan. There is a lot of movement regarding the HCL... Article quote: "the committee did not address the discussion of the law of oil and gas, stressing the interest of the Committee on this subject and it will be a priority to legislate this law during the next phase." This Iraqi dinar RV really looks like it's in the final stages...
8-14-2019 Newshound Guru Dinar Investor - Jeff Even though parliament isn't in session...can they still revalue the currency? The answer to that is yes and no. Let me tell you why it's yes. Technically there are laws in place. The CBI is completely autonomous from the government. They are a separate group, a separate structure. They do their own thing with the money. The government does their own thing with laws and legislation. BUT in this instance the CBI made it very clear they are seeking stability. That's why we're waiting on the formation of the government. Because of how much money has been stolen from the government. This is very important to Iraq to remove all the corruption and get a solid formed technocrat government in place...
8-14-2019 Intel Guru Frank26 ...the CBI is on a vicious campaign to educate the citizens and make sure that it works with them because if it doesn't work internally...the reinstatement of the Iraqi dinar will never leave the country and go externally and internationally and grow with value...everyday the CBI is letting you know and the citizens know... [via firefly77] our electronic billboards are showing the ATM machines. The citizens MasterCard is plastered all over these billboards...it's a commercial but at the same time it's education...
8-14-2019 Intel Guru MarkZ [I just read ...that the Dong wont be revalued for 2 to 3 years AFTER the RV starts...Thoughts?] I still believe its in the first basket...I saw that rumor which makes me think its misinformation or smoke…Vietnam holds a great deal of Iraqi dinar in their treasury/foreign currency reserves just like Iraq holds a great deal of VND. …it would be a huge imbalance if they did not go together…Remember when Kuwait RV’d they said they were months or years away from revaluing…remember in the 90’s China said in a number of articles that no way were they ready to rv their currency and bam…they did it the next day. IMO this disinformation means we are very close.
8-14-2019 Newshound Guru Kaperoni ...There is no way the dinar can substantially revalue..especially at $3+. Iraq simply has to much currency in circulation...It is simply impossible for such an event to occur. An RV or RI even at 1 to $1 is not possible with 42 trillion dinar in circulation. That is 3 times the worlds money supply. Iraq could never afford such an event. The only possible solution would be a slow growth via a float as investment comes into Iraq to offset pressure/inflation. They then could collect dinar as it gradually appreciates reducing the money supply and liability. I know, the speed or rate in which a currency appreciates is based on the pressure created on the financial system which is controlled by the amount of investment. So the faster the investment or greater the investment, the faster the appreciation will be of the currency.
8-13-2019 Newshound Guru EHankins Article: "An Iraqi passenger arrested in Al-Shalamjah port in possession of 2.5 million dinars." In my opinion this person knows that the dinar is about to Skyrocket in price real soon ...why take a trip now and pay the expense for a long stay out of country ...
8-13-2019 Intel Guru MarkZ [ I hear they want the dong rate close to the Dinar rate?] I don’t see how that could happen...I am still looking for dong rate to be around $2 to mid $2’s.
8-13-2019 Newshound Guru Dinar Investor - Jeff Regarding 800 numbers. That's all...nonsense...disregard them. There are no 800 numbers.
8-13-2019 Intel Guru MarkZ Spoke with Mr. C [Michael Cottrell]…we had every expectation everything would go last night…Iraq contacts are very excited expecting the new rate late tonight…they expect the rate to be $3.91. The Iraqi people have really suffered…..they need this badly. Military guys still feel very good about today.
8-13-2019 Newshound Guru chattels Abdel Mahdi is not going to be removed by Parliament, IMO. ...What, if any, impact does a possible change in the Prime Minister have upon our liquidity event? Who knows? Arguably, displacement of the Prime Minister bespeaks continuing political instability and is not currency value friendly.
8-13-2019 Newshound Guru Vital Brad ...So we heard Iraq's going International. They can use their currency in other countries. We hadn't heard anything on it yet...until now. Union Bank of Iraq came out with information on their new pre-paid MasterCards. "Employees of private or public sector can receive their salaries through the MasterCard from the ATM of the bank or any other cashier inside or outside Iraq..." This is a huge step for Iraq. They are getting automatic payment systems...They can use their cards anywhere MasterCard is accepted...this is a big huge step for them...I think it's time for a rate change - in my opinion...it might be a real interesting week. We'll definitely keep our eyes [on it] to see how it unfolds...
8-13-2019 Newshound/Intel Guru Dinar Investor - Jeff Do you still think it's going to happen around September 21-22? The answer to that is heck yeah. The facts keep supporting that...The information and the facts is getting very predictable. It's scary how easy it is, for me at least, to target this thing right now. I feel very confident about what I'm sharing...
8-13-2019 Newshound Guru future Article: "Sadrists seek to overthrow Abdul Mahdi after the approval of the reference" more proof mahdi is out the door...its safe to say hes probably already gone...abadi is to be put back...hes already held the pm position.
8-13-2019 Intel Guru MarkZ [ I hear they want the dong rate close to the Dinar rate?] I don’t see how that could happen...I am still looking for dong rate to be around $2 to mid $2’s.
8-13-2019 Newshound Guru Dinar Investor - Jeff Regarding 800 numbers. That's all...nonsense...disregard them. There are no 800 numbers.
8-13-2019 Intel Guru MarkZ Spoke with Mr. C [Michael Cottrell]…we had every expectation everything would go last night…Iraq contacts are very excited expecting the new rate late tonight…they expect the rate to be $3.91. The Iraqi people have really suffered…..they need this badly. Military guys still feel very good about today.
8-13-2019 Newshound Guru chattels Abdel Mahdi is not going to be removed by Parliament, IMO. ...What, if any, impact does a possible change in the Prime Minister have upon our liquidity event? Who knows? Arguably, displacement of the Prime Minister bespeaks continuing political instability and is not currency value friendly.
8-13-2019 Newshound Guru Vital Brad ...So we heard Iraq's going International. They can use their currency in other countries. We hadn't heard anything on it yet...until now. Union Bank of Iraq came out with information on their new pre-paid MasterCards. "Employees of private or public sector can receive their salaries through the MasterCard from the ATM of the bank or any other cashier inside or outside Iraq..." This is a huge step for Iraq. They are getting automatic payment systems...They can use their cards anywhere MasterCard is accepted...this is a big huge step for them...I think it's time for a rate change - in my opinion...it might be a real interesting week. We'll definitely keep our eyes [on it] to see how it unfolds...
8-13-2019 Newshound/Intel Guru Dinar Investor - Jeff Do you still think it's going to happen around September 21-22? The answer to that is heck yeah. The facts keep supporting that...The information and the facts is getting very predictable. It's scary how easy it is, for me at least, to target this thing right now. I feel very confident about what I'm sharing...
8-13-2019 Newshound Guru future Article: "Sadrists seek to overthrow Abdul Mahdi after the approval of the reference" more proof mahdi is out the door...its safe to say hes probably already gone...abadi is to be put back...hes already held the pm position.
8-12-2019 Intel Guru MarkZ Not as much news tonight as I had hoped for. Still hearing some in Reno expect a Hard start tonight… Spoke with a contractor in Iraq……Not seeing a street rate in Iraq as of yet. I heard they expect the rate late tomorrow night to be in Wednesday Gazette. Military is still saying today or tomorrow. 3 of my sources in Europe are not responding today….i hope this is a good thing.
8-12-2019 Newshound/Intel Guru Mnt Goat PROGRESS OF THE REINSTATMENT...the FIRST parliamentary session of the year was supposed to end at the end of June. We were all disappointed when we did not see the reinstatement when July arrived. Previously they told us the reinstatement would happen by the end of the FIRST session. This was scheduled to end on June 30th. ...Then they decided to extend the first session until Aug 1st not on June 30th. ...Later, just recently, they then told us the 2nd session would begin on September 3rd. So using all this data they presented to us we can conclude that we can expect a window of opportunity somewhere between now and September 3rd. ...My CBI contact in Iraq also agrees with this analysis.
8-12-2019 Newshound Guru Kaperoni Usually when a currency comes out and floats it begins at whatever the rate is at the time of transition.
8-12-2019 Newshound/Intel Guru Dinar Investor - Jeff ...I've only shared one date projection: the weekend of September 21st 22nd...I want facts to lead you up to that date. I don't want you relying 100% on my opinion...what I'm trying to share with you is...how in-depth I think. That's how I came up with a date...I just don't give you a date. My dates are very thoroughly studied...I'll pretty much know the week it's going to happen and I will let you know the week that's going to happen. The way I study this and the way I analyze this...they're not gonna hide this from me. I will know from their actions in all these different movements when it going to happen...This thing's walking you up to the month of September right now and it's really more the second half of September than anything. It's because they need to walk into 10-1 with that new rate in hand...
8-12-2019 Intel Guru MarkZ Military is still saying Monday/Tuesday...they told me this date weeks ago... Reno is expecting a hard start to start for 4b late today...this means we may see 800 numbers at that time. Hopefully we will get an update mid-afternoon. [What does a hard start mean?] Means everythings starts rolling our quickly …not the trickle we have been seeing. In iraq they are expecting a live rate of $3.91 electronically on their cards this week. There is a lot to watch today and tomorrow...expecting a big week. LOTS HAPPENING IN THE WORLD NEWS FOLKS. EXPECTED RATE OF $3.91 FOR THE DINAR. I AM PERSONALLY GOING TO LOOK AT WED. THE 15TH.
8-12-2019 Newshound Guru larrykn [Anyone heard of an article from Union Bank of Iraq about salaries being deposited in the iraq citizens master cards...] ...everyone thinks because they are using the cards the rate change is here...its not. not till they go into Art 8 and change the rate at the CBI...they are not in Article 8 yet. they can put it on the card but until they change the rate it doesn't affect us...once they change the rate then you can get excited. [You can always see the official CBI rate and CBI market rate listed on the left side of this page...]
8-12-2019 Intel Guru Frank26 [Doodlebug report]...it seems that there's a change in the pattern in the halls of the CBI. You see the employee's conversations have started to include the new small category note denominations. They are talking about the ones the fives the 10 the 20 the 50s and the 100's. They are also talking about the size of the new small category notes they say that they will be the same size as the USD or maybe just a little larger. Again this is all just in their opinion...they are talking in specifics. They are also talking about the dangers of people being taken advantage of with these new notes...this is a worry for the CBI. It must not fail with the citizens...this is why the education is so important that they do not get ripped off with the new small category notes...
8-12-2019 Newshound/Intel Guru RVAlready There is an article from Union Bank of Iraq, telling them they can have their salary deposited to the MasterCard... and withdraw it anywhere inside or outside Iraq. Whoopi!!! International!!!
8-12-2019 Newshound/Intel Guru Mnt Goat PROGRESS OF THE REINSTATMENT...the FIRST parliamentary session of the year was supposed to end at the end of June. We were all disappointed when we did not see the reinstatement when July arrived. Previously they told us the reinstatement would happen by the end of the FIRST session. This was scheduled to end on June 30th. ...Then they decided to extend the first session until Aug 1st not on June 30th. ...Later, just recently, they then told us the 2nd session would begin on September 3rd. So using all this data they presented to us we can conclude that we can expect a window of opportunity somewhere between now and September 3rd. ...My CBI contact in Iraq also agrees with this analysis.
8-12-2019 Newshound Guru Kaperoni Usually when a currency comes out and floats it begins at whatever the rate is at the time of transition.
8-12-2019 Newshound/Intel Guru Dinar Investor - Jeff ...I've only shared one date projection: the weekend of September 21st 22nd...I want facts to lead you up to that date. I don't want you relying 100% on my opinion...what I'm trying to share with you is...how in-depth I think. That's how I came up with a date...I just don't give you a date. My dates are very thoroughly studied...I'll pretty much know the week it's going to happen and I will let you know the week that's going to happen. The way I study this and the way I analyze this...they're not gonna hide this from me. I will know from their actions in all these different movements when it going to happen...This thing's walking you up to the month of September right now and it's really more the second half of September than anything. It's because they need to walk into 10-1 with that new rate in hand...
8-12-2019 Intel Guru MarkZ Military is still saying Monday/Tuesday...they told me this date weeks ago... Reno is expecting a hard start to start for 4b late today...this means we may see 800 numbers at that time. Hopefully we will get an update mid-afternoon. [What does a hard start mean?] Means everythings starts rolling our quickly …not the trickle we have been seeing. In iraq they are expecting a live rate of $3.91 electronically on their cards this week. There is a lot to watch today and tomorrow...expecting a big week. LOTS HAPPENING IN THE WORLD NEWS FOLKS. EXPECTED RATE OF $3.91 FOR THE DINAR. I AM PERSONALLY GOING TO LOOK AT WED. THE 15TH.
8-12-2019 Newshound Guru larrykn [Anyone heard of an article from Union Bank of Iraq about salaries being deposited in the iraq citizens master cards...] ...everyone thinks because they are using the cards the rate change is here...its not. not till they go into Art 8 and change the rate at the CBI...they are not in Article 8 yet. they can put it on the card but until they change the rate it doesn't affect us...once they change the rate then you can get excited. [You can always see the official CBI rate and CBI market rate listed on the left side of this page...]
8-12-2019 Intel Guru Frank26 [Doodlebug report]...it seems that there's a change in the pattern in the halls of the CBI. You see the employee's conversations have started to include the new small category note denominations. They are talking about the ones the fives the 10 the 20 the 50s and the 100's. They are also talking about the size of the new small category notes they say that they will be the same size as the USD or maybe just a little larger. Again this is all just in their opinion...they are talking in specifics. They are also talking about the dangers of people being taken advantage of with these new notes...this is a worry for the CBI. It must not fail with the citizens...this is why the education is so important that they do not get ripped off with the new small category notes...
8-12-2019 Newshound/Intel Guru RVAlready There is an article from Union Bank of Iraq, telling them they can have their salary deposited to the MasterCard... and withdraw it anywhere inside or outside Iraq. Whoopi!!! International!!!
8-11-2019 Newshound/Intel Guru Mnt Goat ...They are talking about executing the “project to delete the zeros” and we know they will also reinstate the dinar once this happens. ...Of course, the dinar will be put on a float someday once reinstated. This will drive up the rate quickly. They project it will come out around $3.00 + USD per one dinar and rise quickly. So, you will probably never even see the initial rate of a dollar since it will drive up so quickly prior to you getting chance even to go to the bank. [post 3 of 3]
8-11-2019 Newshound/Intel Guru Mnt Goat Just keep remembering that the VALUE is different from the RATE. Yes, someday we hope the RATE will reflect the true and honest VALUE of the Iraqi dinar. In fact, if it was not for the three zeros the dinar would be worth just under one US Dollar already. How do I know this rate for a fact? First, all you have to do is drop off the zeros and what is the rate? We all should know about the “project to delete the zeros” by now. Secondly, in 2013 within the quarterly report to Congress on Iraq...it stated...“the reform would have made the Iraqi dinar slightly less than a dollar”. [post 2 of 3....stay tuned]
8-11-2019 Newshound/Intel Guru Mnt Goat No, the reinstatement did not happen. They are not trading the dinar in other countries or trading it at all. ...Any changes in rates at the banks on holding patterns are from re-running the system that calculates the rates according to the new Basel requirements and bumps each currency according to their assets and the assets of other countries in their basket. ...they are already now using a basket of 5 currencies to calculate the Iraqi dinar rate. These five currencies are (Yen, British Pound, Yuan, US dollar, EURO). [post 1 of 3....stay tuned]
8-11-2019 Newshound/Intel Guru BGG FLASHBACK: “Special Inspector General for Iraq Reconstruction – Apr 2012, quarterly report to Congress." Quote: "In April 2012, the COM postponed indefinitely plans for a currency reform that would have removed three zeros from the Iraqi dinar in 2013 and required the issuance of new currency notes. The reform would have made the dinar's value slightly less than $1. It is currently worth less than one-thenth of a cent." This report is from page 84 of the massive SIGR report (Special Inspector General for the Reconstruction of Iraq. THIS REPORT WAS SENT TO THE UNITED STATES CONGRESS. For members of our Government to say they have no idea what is going on here – means they haven’t read some very basic documents presented them. IT PLAINLY SHOWS IN THIS REPORT THEY EXPECTED THE DINAR TO REVALUE AT AROUND A DOLLAR IN 2013.
8-11-2019 Newshound/Intel Guru David M. Witty Iraqi political source says US has given the green light to pro-US political blocs to find a replacement for PM Abdel-Mahdi.
8-11-2019 Newshound Guru future Article: "Informed sources suggest the replacement of the prime minister after the holiday" seems Mahdi is out the door...they want abadi to replace him...Seems Abadi is coming back wow...my prediction is we get a new [CBI] governor sworn in by Oct 1 and abadi comes in very soon...To me this is great news...thats when we may see this thing pop...finally.
8-11-2019 Intel/Newshound Guru sandyf ...current international accounting regulations would prevent the general concept of a huge overnight "revaluation". So unless you can show some changes to these regulations it would have to be taken that Kap [Guru Kaperoni] is right... [reference Guru Kaperoni post 8-9-2019]
8-11-2019 Newshound Guru Kaperoni A new 2020 budget article is out today confirming the budget includes multiple sources of income instead of relying on oil. The World Bank is telling Iraq they are at a red line in spending on the budget calling for them to activate the private sector. One of the best performing currencies is the Egyptian pound with a 6.5% increase last period. We can only hope the Dinar performs better once they begin the float. Hopefully there's enough pressure on them to make the changes that are needed over the next few months.
8-11-2019 Newshound/Intel Guru Mnt Goat Just keep remembering that the VALUE is different from the RATE. Yes, someday we hope the RATE will reflect the true and honest VALUE of the Iraqi dinar. In fact, if it was not for the three zeros the dinar would be worth just under one US Dollar already. How do I know this rate for a fact? First, all you have to do is drop off the zeros and what is the rate? We all should know about the “project to delete the zeros” by now. Secondly, in 2013 within the quarterly report to Congress on Iraq...it stated...“the reform would have made the Iraqi dinar slightly less than a dollar”. [post 2 of 3....stay tuned]
8-11-2019 Newshound/Intel Guru Mnt Goat No, the reinstatement did not happen. They are not trading the dinar in other countries or trading it at all. ...Any changes in rates at the banks on holding patterns are from re-running the system that calculates the rates according to the new Basel requirements and bumps each currency according to their assets and the assets of other countries in their basket. ...they are already now using a basket of 5 currencies to calculate the Iraqi dinar rate. These five currencies are (Yen, British Pound, Yuan, US dollar, EURO). [post 1 of 3....stay tuned]
8-11-2019 Newshound/Intel Guru BGG FLASHBACK: “Special Inspector General for Iraq Reconstruction – Apr 2012, quarterly report to Congress." Quote: "In April 2012, the COM postponed indefinitely plans for a currency reform that would have removed three zeros from the Iraqi dinar in 2013 and required the issuance of new currency notes. The reform would have made the dinar's value slightly less than $1. It is currently worth less than one-thenth of a cent." This report is from page 84 of the massive SIGR report (Special Inspector General for the Reconstruction of Iraq. THIS REPORT WAS SENT TO THE UNITED STATES CONGRESS. For members of our Government to say they have no idea what is going on here – means they haven’t read some very basic documents presented them. IT PLAINLY SHOWS IN THIS REPORT THEY EXPECTED THE DINAR TO REVALUE AT AROUND A DOLLAR IN 2013.
8-11-2019 Newshound/Intel Guru David M. Witty Iraqi political source says US has given the green light to pro-US political blocs to find a replacement for PM Abdel-Mahdi.
8-11-2019 Newshound Guru future Article: "Informed sources suggest the replacement of the prime minister after the holiday" seems Mahdi is out the door...they want abadi to replace him...Seems Abadi is coming back wow...my prediction is we get a new [CBI] governor sworn in by Oct 1 and abadi comes in very soon...To me this is great news...thats when we may see this thing pop...finally.
8-11-2019 Intel/Newshound Guru sandyf ...current international accounting regulations would prevent the general concept of a huge overnight "revaluation". So unless you can show some changes to these regulations it would have to be taken that Kap [Guru Kaperoni] is right... [reference Guru Kaperoni post 8-9-2019]
8-11-2019 Newshound Guru Kaperoni A new 2020 budget article is out today confirming the budget includes multiple sources of income instead of relying on oil. The World Bank is telling Iraq they are at a red line in spending on the budget calling for them to activate the private sector. One of the best performing currencies is the Egyptian pound with a 6.5% increase last period. We can only hope the Dinar performs better once they begin the float. Hopefully there's enough pressure on them to make the changes that are needed over the next few months.
8-10-2019 Newshound Guru larrykn ...it does seem that the CBI is getting their stuff together now, at a good pace too, I guess (haven't seen the article) that they elected a new governor, we will see and what is his take of reforms. I also noticed that Kap [Guru Kaperoni] keeps talking about will Iraq have what it takes to get investor into Iraq. Well all I read lately is how companies are coming into Iraq or made agreements to come in. I don't think they will have a problem with investor, matter of fact this might be good for us due to they will already have the private sector setup before they increase the value of their currency. which is why I'm not sure Kaps thinking about starting out at were it is would hold up or not, time will tell... but IMO no one knows where it will start and how long it will take to get to where we can make money.
8-10-2019 Intel Guru Frank26 ...these were new employees that the CBI was hiring and they were there at the banquet...So I got a little bit curious, 60 to 80 employees...what they're doing is teaching these employees...these new 60, 70, 80 CBI employees are being trained on the transfer of money of the dinar outside of Iraq to other countries, to the private banks around the world that are linked up to the CBI's private banks...
8-10-2019 Newshound/Intel Guru Dinar Investor - Jeff ...This is the first year, 2019, that Iraq has ever set the stage or the rate change...everything that's been remaining and outstanding...is actually being completed...being completed right before our eyes. ...My target date is the weekend of September 21/22 for the rate change...IMO...we need to see the facts come into alignment for that. [reference Dinar Investor - Jeff posts 1, 2 & 3, 8-9-2019]
8-10-2019 Intel Guru Eagleone2025 [via PDK] AS I SAID BACK IN MAY THERE ARE THREE WINDOWS THE THIRD WINDOW IS SEPT.- OCT. THIS RV IS A WORLD WIDE EVENT...IT IS A DAY BY DAY PROCESS. THE DAY AND HOUR IS REALLY UNKNOWN...
8-10-2019 Newshound/Intel Guru RVAlready For being on the cusp of the RV, it is surprisingly quiet...
8-10-2019 Newshound/Intel Guru Walkingstick Keep, in mind...most, of the news now.. regarding, their currency reform...Is geared, toward...the Iraqis themselves...We, may not read and or hear, of...but...because you may or may not read of...does not mean, they are not moving forward... they are well beyond what you now read...They have, in fact...completed, all necessary line items to enact/implement their RD/ RV/ RI...
8-10-2019 Intel Guru Frank26 There are many meetings occurring inside Iraq with the Central Bank of Iraq and a lot of different agencies...we went to the Basil II celebration...When it was over with the CBI members...said, 'sure we'll answer some questions.' The first question had to deal with the International Exchange Department...whoa! This is a new department isn't it? What can you tell us about that CBI? And what did they say? The CBI said yes that International Department is coming very soon...under article XIV you sure as heck don't need that department at the CBI do you?...second question: You tell us that you're gonna add value to our currency, when? And the answer was total silence followed by a Cheshire Cat simile followed by the next question. There was no embarrassment...there was no shy confusion. There was a smile...
8-10-2019 Intel Guru Frank26 ...these were new employees that the CBI was hiring and they were there at the banquet...So I got a little bit curious, 60 to 80 employees...what they're doing is teaching these employees...these new 60, 70, 80 CBI employees are being trained on the transfer of money of the dinar outside of Iraq to other countries, to the private banks around the world that are linked up to the CBI's private banks...
8-10-2019 Newshound/Intel Guru Dinar Investor - Jeff ...This is the first year, 2019, that Iraq has ever set the stage or the rate change...everything that's been remaining and outstanding...is actually being completed...being completed right before our eyes. ...My target date is the weekend of September 21/22 for the rate change...IMO...we need to see the facts come into alignment for that. [reference Dinar Investor - Jeff posts 1, 2 & 3, 8-9-2019]
8-10-2019 Intel Guru Eagleone2025 [via PDK] AS I SAID BACK IN MAY THERE ARE THREE WINDOWS THE THIRD WINDOW IS SEPT.- OCT. THIS RV IS A WORLD WIDE EVENT...IT IS A DAY BY DAY PROCESS. THE DAY AND HOUR IS REALLY UNKNOWN...
8-10-2019 Newshound/Intel Guru RVAlready For being on the cusp of the RV, it is surprisingly quiet...
8-10-2019 Newshound/Intel Guru Walkingstick Keep, in mind...most, of the news now.. regarding, their currency reform...Is geared, toward...the Iraqis themselves...We, may not read and or hear, of...but...because you may or may not read of...does not mean, they are not moving forward... they are well beyond what you now read...They have, in fact...completed, all necessary line items to enact/implement their RD/ RV/ RI...
8-10-2019 Intel Guru Frank26 There are many meetings occurring inside Iraq with the Central Bank of Iraq and a lot of different agencies...we went to the Basil II celebration...When it was over with the CBI members...said, 'sure we'll answer some questions.' The first question had to deal with the International Exchange Department...whoa! This is a new department isn't it? What can you tell us about that CBI? And what did they say? The CBI said yes that International Department is coming very soon...under article XIV you sure as heck don't need that department at the CBI do you?...second question: You tell us that you're gonna add value to our currency, when? And the answer was total silence followed by a Cheshire Cat simile followed by the next question. There was no embarrassment...there was no shy confusion. There was a smile...
8-9-2019 Newshound Guru Kaperoni People need to get over the idea of a "revaluation" of the Iraqi dinar. It's not happening. Not how monetary policy works. Just look at other emerging markets. Iraq plans to include the significant increase in spending ($70 billion) in its 2020 budget. But will investors come and participate? Iraq has about 4 months to pass the laws needed to encourage investment along with passing the 2020 budget. We will see if they can get this done. So what happens if they pass the laws and budget and nobody invests in rebuilding Iraq? Interesting question. Time will tell if the free market economy is a flop or not. In either case (investment or not) there will be no overnight "RV or RI" of the dinar. What we can expect is similar to Egypt..which is a gradual increase (8-15% a year) via a float. But only if investment comes and creates pressure on the banking system.
8-9-2019 Newshound Guru Vital Brad back in 2014 things were picking up at that time as well and then they came out with an article saying that they were putting the project on a five year delay. Here we are 2019...there's a lot of news articles. A lot of things happening. A lot of things lining up. So in my opinion we're closer than ever. There's a lot of gurus out there saying that it's ready to happen...banks are ready to start exchanging people's dinar. I lean more along the line of the lines of the fiscal calendar that it would happen at the beginning of the next quarter...so October. I think just for books and things that they would keep things in order doing it in alignment with that. Or even January 2020 but again I'm not a financial advise. I could be wrong. It could happen tomorrow...could happen anytime...
8-9-2019 Intel Guru MarkZ [via PDK] Message out of Zurich contact is they are now expecting to go on Monday...From Spain is looks like they started exchanges...things paused...now they are waiting to start up again on Monday. From Iraq - they are expecting to see the new rate this weekend. My military contact still expects things to start on Monday. I personally feel we are right on top of this with all the countries of the world about to implode...IMO.
8-9-2019 Newshound/Intel Guru Dinar Investor - Jeff ...remember...the formation of the government is the linchpin to the rate change. Now they have told us in the news they plan to try on finishing the formation of the government during the month of September... Now...accounting period for 10-1, you've seen a ton of articles talking about money, money, money... They are setting the stage for this thing...they've got to walk into October with a brand new rate in hand. Keep your eyes on September. You're waiting on them to set the stage and then they're going to do it. [post 3 of 3]
8-9-2019 Newshound/Intel Guru Dinar Investor - Jeff So now as we progress through the first half of the year...again they were not working on the formation of the government at all. What they did January to the end of June was set the post rate change stage for the country of Iraq. The stage had to set in 2 ways...the first half of the stage was set for the country of Iraq and that was January through the end of June. Then as we transition into July, that's when you started seed boat loads of articles talking about Article 140, the HCL & Kurds meeting with Baghdad. All of that was Iraq setting the post rate change stage for the citizens and then they even brought cleaning up the corruption into the mix too. Don't worry about that..that will all get done in due time, it's not a problem. But, you can't have your big event...until you've got your stage set. That's what you're waiting on. [post 2 of 3....stay tuned]
8-9-2019 Newshound/Intel Guru Dinar Investor - Jeff IMO...when you're setting the stage for a big event you can't have that big event until the stage is set...that's really all what you are waiting on is for them to set the...stage & then it's game over. So, going back to 2014 the CBI made it very clear that until Iraq achieved political stability they would not change the rate or delete the zeroes... Now let's fast forward to 2019...at the beginning of '19 they did not start working on the formation of the government, they went straight into setting the stage. At the beginning of '19 they told us that in the budget they would have monies for HCL, Article 140, all of that... What they are telling us...is that the 2019 budget has post RI monies and that they anticipate or plan on changing the rate within the year 2019. [post 1 of 3....stay tuned]
8-9-2019 Guest Newshound Guru Samson Article: "The territorial government announces the holiday" Quote: "...the period from Sunday, August 11, 2019 until Thursday, August 15, 2019, an official holiday, and that Thursday is also one of the holidays."
8-9-2019 Newshound Guru Vital Brad back in 2014 things were picking up at that time as well and then they came out with an article saying that they were putting the project on a five year delay. Here we are 2019...there's a lot of news articles. A lot of things happening. A lot of things lining up. So in my opinion we're closer than ever. There's a lot of gurus out there saying that it's ready to happen...banks are ready to start exchanging people's dinar. I lean more along the line of the lines of the fiscal calendar that it would happen at the beginning of the next quarter...so October. I think just for books and things that they would keep things in order doing it in alignment with that. Or even January 2020 but again I'm not a financial advise. I could be wrong. It could happen tomorrow...could happen anytime...
8-9-2019 Intel Guru MarkZ [via PDK] Message out of Zurich contact is they are now expecting to go on Monday...From Spain is looks like they started exchanges...things paused...now they are waiting to start up again on Monday. From Iraq - they are expecting to see the new rate this weekend. My military contact still expects things to start on Monday. I personally feel we are right on top of this with all the countries of the world about to implode...IMO.
8-9-2019 Newshound/Intel Guru Dinar Investor - Jeff ...remember...the formation of the government is the linchpin to the rate change. Now they have told us in the news they plan to try on finishing the formation of the government during the month of September... Now...accounting period for 10-1, you've seen a ton of articles talking about money, money, money... They are setting the stage for this thing...they've got to walk into October with a brand new rate in hand. Keep your eyes on September. You're waiting on them to set the stage and then they're going to do it. [post 3 of 3]
8-9-2019 Newshound/Intel Guru Dinar Investor - Jeff So now as we progress through the first half of the year...again they were not working on the formation of the government at all. What they did January to the end of June was set the post rate change stage for the country of Iraq. The stage had to set in 2 ways...the first half of the stage was set for the country of Iraq and that was January through the end of June. Then as we transition into July, that's when you started seed boat loads of articles talking about Article 140, the HCL & Kurds meeting with Baghdad. All of that was Iraq setting the post rate change stage for the citizens and then they even brought cleaning up the corruption into the mix too. Don't worry about that..that will all get done in due time, it's not a problem. But, you can't have your big event...until you've got your stage set. That's what you're waiting on. [post 2 of 3....stay tuned]
8-9-2019 Newshound/Intel Guru Dinar Investor - Jeff IMO...when you're setting the stage for a big event you can't have that big event until the stage is set...that's really all what you are waiting on is for them to set the...stage & then it's game over. So, going back to 2014 the CBI made it very clear that until Iraq achieved political stability they would not change the rate or delete the zeroes... Now let's fast forward to 2019...at the beginning of '19 they did not start working on the formation of the government, they went straight into setting the stage. At the beginning of '19 they told us that in the budget they would have monies for HCL, Article 140, all of that... What they are telling us...is that the 2019 budget has post RI monies and that they anticipate or plan on changing the rate within the year 2019. [post 1 of 3....stay tuned]
8-9-2019 Guest Newshound Guru Samson Article: "The territorial government announces the holiday" Quote: "...the period from Sunday, August 11, 2019 until Thursday, August 15, 2019, an official holiday, and that Thursday is also one of the holidays."
8-8-2019 Intel Guru MarkZ [via PDK] It feels like someone hit the pause button at about noon est today... We have rumors that Italy and Portugal have started exchanges today. We have confirmations from Spain and India…that exchanges did start...I believe they are moving “east to west”...it appears to be underway just not sure how long the roll out process takes…Redemption Center folks still have no idea why they are sitting there doing nothing. Military Still telling me it all starts on Monday... [A friend in Lebanon. On their TV news... they are showing people in the streets holding up 25,000 bank notes and crossing out the zeroes on Dinar... Cheering in the streets.. The RV is worldwide EXCEPT for the USA!] I did hear that...didnt want to mention it without more verification.
8-8-2019 Newshound Guru chattels [Do you believe it will happen one day?] I am here because that is my belief.
8-8-2019 Intel Guru Frank26 Every day since the IMF came out and said they [Iraq] use article VIII tools... the CBI or somebody else with authority defines to me clearly that Iraq is Article VIII...ever since that day it has been well proven that Iraq is about ready to tell the world that they are Article VIII. You see the contracts that started pouring in just yesterday. Why?...why now...Yes they are Article VIII. It is not a secret...Everyone knows that it's on paper. Now Iraq must claim the responsibility to announce that they are Article VIII. And I feel that's what they are doing. They're making the preparations to do so. It must be coordinated perfect...they'll have a press conference...
8-8-2019 Intel Guru MarkZ [What are your Redemption Center contacts saying...?] They are scratching their heads...They don’t know what is happening right now... They have been on the edge of their seats for so long waiting for us to start exchanging... ...We are hearing reports from Spain, Portugal and Italy that they have started exchanges. I just got this info...Also from 3 other countries…No updates from Zurich from anyone...this is very odd...makes me think there could be an NDA there. There is a lot of chatter from Reno that today is the day. I also was told to watch for 800 numbers any time after noon EST. I need to get more verification and information today on all those rumors. I believe we are very close.
8-8-2019 Newshound/Intel Guru Dinar Investor - Jeff ...Notice the corruption news didn't really start until about mid July...suggesting to me that they started making their moves on the corruption most likely towards the beginning of July. Yes we do need to see the corruption come to an end because that's a huge factor and layer of the political stability that the CBI is seeking before they'll even agree to delete the zeroes or change the rate. ...I think most of it is probably already dealt with and all you are just hearing now is the aftermath of it within the news. ...the progress is probably further along than we are privy to know. [post 2 of 2]
8-8-2019 Newshound/Intel Guru Dinar Investor - Jeff Let's talk about corruption, IMO...there's no way that any type of legal authorities are going to give criminals the upper hand...they're not going to come out and say we are going to file sanctions against you or we're going to freeze your assets or arrest you...they're not going to do that. Well, that's what you are seeing in the news right now. Articles are coming out saying we're going to put sanctions on this one...there's no way they would release that information prior to making a move or enacting on the person...if they did they would give the upper hand. [post 1 of 2....stay tuned]
8-8-2019 Newshound Guru future ...Iraq has said the notes [3 zero notes & lower denominations] would CO exist...iraq has no hyper inflation...they have kept inflation at bay for years...so...Iraq and Iran arent the same...there are different types of scenarios with redenominations that pertain to certain countries issues...will Iraq gain more purchasing power? of course when they revalue substantially.
8-8-2019 Newshound Guru chattels [Do you believe it will happen one day?] I am here because that is my belief.
8-8-2019 Intel Guru Frank26 Every day since the IMF came out and said they [Iraq] use article VIII tools... the CBI or somebody else with authority defines to me clearly that Iraq is Article VIII...ever since that day it has been well proven that Iraq is about ready to tell the world that they are Article VIII. You see the contracts that started pouring in just yesterday. Why?...why now...Yes they are Article VIII. It is not a secret...Everyone knows that it's on paper. Now Iraq must claim the responsibility to announce that they are Article VIII. And I feel that's what they are doing. They're making the preparations to do so. It must be coordinated perfect...they'll have a press conference...
8-8-2019 Intel Guru MarkZ [What are your Redemption Center contacts saying...?] They are scratching their heads...They don’t know what is happening right now... They have been on the edge of their seats for so long waiting for us to start exchanging... ...We are hearing reports from Spain, Portugal and Italy that they have started exchanges. I just got this info...Also from 3 other countries…No updates from Zurich from anyone...this is very odd...makes me think there could be an NDA there. There is a lot of chatter from Reno that today is the day. I also was told to watch for 800 numbers any time after noon EST. I need to get more verification and information today on all those rumors. I believe we are very close.
8-8-2019 Newshound/Intel Guru Dinar Investor - Jeff ...Notice the corruption news didn't really start until about mid July...suggesting to me that they started making their moves on the corruption most likely towards the beginning of July. Yes we do need to see the corruption come to an end because that's a huge factor and layer of the political stability that the CBI is seeking before they'll even agree to delete the zeroes or change the rate. ...I think most of it is probably already dealt with and all you are just hearing now is the aftermath of it within the news. ...the progress is probably further along than we are privy to know. [post 2 of 2]
8-8-2019 Newshound/Intel Guru Dinar Investor - Jeff Let's talk about corruption, IMO...there's no way that any type of legal authorities are going to give criminals the upper hand...they're not going to come out and say we are going to file sanctions against you or we're going to freeze your assets or arrest you...they're not going to do that. Well, that's what you are seeing in the news right now. Articles are coming out saying we're going to put sanctions on this one...there's no way they would release that information prior to making a move or enacting on the person...if they did they would give the upper hand. [post 1 of 2....stay tuned]
8-8-2019 Newshound Guru future ...Iraq has said the notes [3 zero notes & lower denominations] would CO exist...iraq has no hyper inflation...they have kept inflation at bay for years...so...Iraq and Iran arent the same...there are different types of scenarios with redenominations that pertain to certain countries issues...will Iraq gain more purchasing power? of course when they revalue substantially.
8-7-2019 Newshound/Intel Guru Mnt Goat [I read that an interm CBI head has been appointed but not fully confirmed...] new CBI director is confirmed and ratified last Thursday by parliament. Effective Sept 1st when Alaq leaves. They are transitioning now until then.
8-7-2019 Newshound/Intel Guru Dinar Investor - Jeff ...so by early Sept/mid Sept the last variable remaining will be the final step which is the formation of the government. What that's telling is that Iraq has done everything they need to do to set the stage and they are ready to change the rate...and the absolute last variable you are waiting on is the formation of the government because that's what the CBI said multiple times...they want Iraq to achieve political stability before they will agree to delete the zeroes and change the rate...That's the direction we want to the news go & once we see that they are pretty much telling us the stage is set & they are ready to do this...the formation of the government is the icing on the cake... [post 2 of 2]
8-7-2019 Newshound/Intel Guru Dinar Investor - Jeff So what are we looking for and what are we seeking and how do we know we are on tract and how do we know we are getting closer to seeing this? ...they have been setting the stage...the whole first half of the year talking about trade agreements, reconstruction, having all these meetings with Kurdistan... Here's what we are looking for...we are looking for that movement to slow down. As we are approaching the end of August and into September we want to see news articles to stop talking about all this stuff. We don't want to see articles on reconstruction ...corruption, on meetings with the Kurds... [post 1 of 2....stay tuned]
8-7-2019 Intel Guru MarkZ [via PDK] News is streaming in...especially from Asia... They believe we have a “go” today. In Reno - they expect things to break loose after 3-4 today. Some military contacts don’t expect things to start until the weekend or first of next week...so a bit of conflicting info. Finally spoke with my friends in Iraq and as of yesterday there is no rate change over there yet. Iraq has been very up-front with the coming revaluation of their currency... Its been astounding.
8-7-2019 Newshound/Intel Guru Mnt Goat ...We need to see the smaller category notes issued. They know that once they issue these notes in bulk to the public there is NO TURNING BACK! ...wait for this to be our sign that they are VERY SERIOUS this time. This could all happen in a matter of a days or a week and so suddenly...
8-7-2019 Newshound Guru Kaperoni ...Iraq is planning...a market economy, stock market and private sector...investment will fuel the growth of Iraq and allow Iraq to prosper. What can happen is Iraq will transition to a market economy, create a private sector and achieve billions in foreign investment. If it happens, that will drive the currency (dinar) value up gradually.
8-7-2019 Newshound/Intel Guru Dinar Investor - Jeff ...so by early Sept/mid Sept the last variable remaining will be the final step which is the formation of the government. What that's telling is that Iraq has done everything they need to do to set the stage and they are ready to change the rate...and the absolute last variable you are waiting on is the formation of the government because that's what the CBI said multiple times...they want Iraq to achieve political stability before they will agree to delete the zeroes and change the rate...That's the direction we want to the news go & once we see that they are pretty much telling us the stage is set & they are ready to do this...the formation of the government is the icing on the cake... [post 2 of 2]
8-7-2019 Newshound/Intel Guru Dinar Investor - Jeff So what are we looking for and what are we seeking and how do we know we are on tract and how do we know we are getting closer to seeing this? ...they have been setting the stage...the whole first half of the year talking about trade agreements, reconstruction, having all these meetings with Kurdistan... Here's what we are looking for...we are looking for that movement to slow down. As we are approaching the end of August and into September we want to see news articles to stop talking about all this stuff. We don't want to see articles on reconstruction ...corruption, on meetings with the Kurds... [post 1 of 2....stay tuned]
8-7-2019 Intel Guru MarkZ [via PDK] News is streaming in...especially from Asia... They believe we have a “go” today. In Reno - they expect things to break loose after 3-4 today. Some military contacts don’t expect things to start until the weekend or first of next week...so a bit of conflicting info. Finally spoke with my friends in Iraq and as of yesterday there is no rate change over there yet. Iraq has been very up-front with the coming revaluation of their currency... Its been astounding.
8-7-2019 Newshound/Intel Guru Mnt Goat ...We need to see the smaller category notes issued. They know that once they issue these notes in bulk to the public there is NO TURNING BACK! ...wait for this to be our sign that they are VERY SERIOUS this time. This could all happen in a matter of a days or a week and so suddenly...
8-7-2019 Newshound Guru Kaperoni ...Iraq is planning...a market economy, stock market and private sector...investment will fuel the growth of Iraq and allow Iraq to prosper. What can happen is Iraq will transition to a market economy, create a private sector and achieve billions in foreign investment. If it happens, that will drive the currency (dinar) value up gradually.
8-6-2019 Newshound/Intel Guru Dinar Investor - Jeff I told you that they have some key laws...3 laws...Article 140, HCL and the Federal Court Act... that can only happen after the rate change...Article 140...has been on the books and ready to go since 2005... why would they have been just talking about them instead of enacting them. It's very clear we are waiting on a rate change. But now they are telling you they are going to try and tackle them starting in the next legislative term which is September...September is coming together right before your eyes...IMO... [post 2 of 2]
8-6-2019 Newshound/Intel Guru Dinar Investor - Jeff Article quote: "...noting that the House of Representatives is determined to enact the outstanding laws 15 years ago, the most important oil and gas and the Federal Court..." The article tells you that these laws are 15 years old...waiting and pending to be enacted... And now they are telling you in the news that Parliament is going to try and get these laws enacted in the next term which starts in September. Since July I have put a large emphasis on September for many reasons and now you are starting to see September come together before your eyes... [post 1 of 2....stay tuned]
8-6-2019 Newshound/Intel Guru Mnt Goat First what did the Parliament tell us way back in March 2019 about the dinar? I quote from the article – “THE COMMITTEE WILL MOVE DURING THE CURRENT LEGISLATIVE TERM TOWARDS CHANGING THE FISCAL AND MONETARY POLICY IN THE COUNTRY in general,” So from this news from parliament in March they planned to get the dinar reform done within the first legislative term. This term is just now ending. It was supposed to end way back at the end of June but was delayed and they extending the session until now. So technically the session can continue right up until September 3rd, even though members may now be physically in the house and on recess. We see the next term starting on September 3rd. Is this maybe a window of opportunity for us to see some progress in the dinar reinstatement or will they postpone it to the 2nd legislative term?
8-6-2019 Intel Guru MarkZ [When are we expecting 800 numbers?] I expected them last night...my guess is anytime before Thursday. [...have you heard anything from your redemption center contacts?] They are still at work waiting for us to exchange this week...They are being told to be “on call” this weekend... IMO no hold up…we are moving forward as we speak. It’s crunch time to get this thing out the door. [Do you see the RV by Thursday?] Well I am putting myself out on a limb- but yes I do. [post 2 of 2]
8-6-2019 Intel Guru MarkZ [via PDK] We are just sitting on the edge of our seats waiting for this to go... Its been a miserable week of “Any minute now”. ...The new edition of the Gazette #4550...Lots of information about the impending revaluation of the dinar. Iraqi contacts are at the edge of their seats saying it could be any moment…no change of rate as of yesterday...Military contacts say it is absolutely “any moment”. I was told that the Treasury gave the go ahead and that they gave the” GO” for this week. [post 1 of 2....stay tuned]
8-6-2019 Newshound/Intel Guru RVAlready Everything is ready. This cannot/should not be held up any longer. Exchanges need to actually start now!
8-6-2019 Newshound/Intel Guru Dinar Investor - Jeff This is not my opinion. This is fact...what they're gonna do is yes they'll delete the zeros to replace larger notes with smaller notes and coins. What they're gonna do is increase the exchange rate just as they told you on March 20th of this year...what that does is add value to the currency to give purchase power...that's how simple it is...they've also told us the two currencies will coexist together at the same time. Meaning a 25k note will maintain its value and a 25 note will maintain its value. They coexist together at an increased rate... [post 2 of 2] [see post 1....8-5-2019]
8-6-2019 Intel Guru MarkZ [via PDK] [Everyone says I am crazy and being scammed] Warren Buffet bought a lot of Dinar and he doesn’t fall for scams. Reserves may have been a scam...we all fell for that...but the Dinar investment is definitely not a scam.
8-6-2019 Newshound/Intel Guru Dinar Investor - Jeff Article quote: "...noting that the House of Representatives is determined to enact the outstanding laws 15 years ago, the most important oil and gas and the Federal Court..." The article tells you that these laws are 15 years old...waiting and pending to be enacted... And now they are telling you in the news that Parliament is going to try and get these laws enacted in the next term which starts in September. Since July I have put a large emphasis on September for many reasons and now you are starting to see September come together before your eyes... [post 1 of 2....stay tuned]
8-6-2019 Newshound/Intel Guru Mnt Goat First what did the Parliament tell us way back in March 2019 about the dinar? I quote from the article – “THE COMMITTEE WILL MOVE DURING THE CURRENT LEGISLATIVE TERM TOWARDS CHANGING THE FISCAL AND MONETARY POLICY IN THE COUNTRY in general,” So from this news from parliament in March they planned to get the dinar reform done within the first legislative term. This term is just now ending. It was supposed to end way back at the end of June but was delayed and they extending the session until now. So technically the session can continue right up until September 3rd, even though members may now be physically in the house and on recess. We see the next term starting on September 3rd. Is this maybe a window of opportunity for us to see some progress in the dinar reinstatement or will they postpone it to the 2nd legislative term?
8-6-2019 Intel Guru MarkZ [When are we expecting 800 numbers?] I expected them last night...my guess is anytime before Thursday. [...have you heard anything from your redemption center contacts?] They are still at work waiting for us to exchange this week...They are being told to be “on call” this weekend... IMO no hold up…we are moving forward as we speak. It’s crunch time to get this thing out the door. [Do you see the RV by Thursday?] Well I am putting myself out on a limb- but yes I do. [post 2 of 2]
8-6-2019 Intel Guru MarkZ [via PDK] We are just sitting on the edge of our seats waiting for this to go... Its been a miserable week of “Any minute now”. ...The new edition of the Gazette #4550...Lots of information about the impending revaluation of the dinar. Iraqi contacts are at the edge of their seats saying it could be any moment…no change of rate as of yesterday...Military contacts say it is absolutely “any moment”. I was told that the Treasury gave the go ahead and that they gave the” GO” for this week. [post 1 of 2....stay tuned]
8-6-2019 Newshound/Intel Guru RVAlready Everything is ready. This cannot/should not be held up any longer. Exchanges need to actually start now!
8-6-2019 Newshound/Intel Guru Dinar Investor - Jeff This is not my opinion. This is fact...what they're gonna do is yes they'll delete the zeros to replace larger notes with smaller notes and coins. What they're gonna do is increase the exchange rate just as they told you on March 20th of this year...what that does is add value to the currency to give purchase power...that's how simple it is...they've also told us the two currencies will coexist together at the same time. Meaning a 25k note will maintain its value and a 25 note will maintain its value. They coexist together at an increased rate... [post 2 of 2] [see post 1....8-5-2019]
8-6-2019 Intel Guru MarkZ [via PDK] [Everyone says I am crazy and being scammed] Warren Buffet bought a lot of Dinar and he doesn’t fall for scams. Reserves may have been a scam...we all fell for that...but the Dinar investment is definitely not a scam.
8-5-2019 Intel Guru MarkZ [via PDK] [Any updates from Wells Fargo getting the 800 #'s ?] This weekend I heard from a treasure contact and a WF contact that the Treasury was finally ready and that WF didn’t believe it…the boy who cried wolf kinda thing...WF didn’t believe it and wasn’t ready is what we heard. We are hearing they are ready today. [You don't seriously believe that this didn't happen cuz the banks weren't ready, do you?] That’s what they told us... I believe that it could have happened but it would only take a short time for the bank to get ready to go…maybe 12 hours tops...Do I believe that this caused a delay of days...no I do not.
8-5-2019 Intel Guru Eagleone2025 [via PDK] ...AS I SAID IN MAY THERE WOULD BE THREE MAJOR WINDOWS I TOLD SEVERAL PEOPLE THOSE WINDOWS. I ALSO SAID THERE WOULD BE A CHANCE IN SOME OF THE OTHER SMALL WINDOWS. EARLY IN THE YEAR I TALKED ABOUT SOME SERIOUS EVENTS WOULD TAKE PLACE. I TALKED ABOUT SEE YOU IN SEPT - OCT. AND OVER THE 60 DAYS THERE WOULD BE SERIOUS EVENTS. ...AS I SAID I HOPE I AM WRONG ABOUT TIME FRAME. I HOPE WE ARE IN THE BANKS SOON.
8-5-2019 Newshound/Intel Guru Dinar Investor - Jeff Delete the zeros can mean one of two things...It's based on a country's economy and where their economy and where their inflation is at...some countries...had a poor economy with high inflation. So what they would do is replace larger notes with smaller notes and they don't change the rate. What they've essentially done is devalue the currency that eases inflation. That's one scenario. Second Scenario which is what the Iraq Central Bank has told us they're gonna do... [post 1 of 2....stay tuned]
8-5-2019 Intel Guru MarkZ [via PDK] I have talked to a number of contacts there and Iraq is beyond ready to go...they are telling us every day they are ready to go…they are waiting on the rest of the world and desperately hope we hurry up because we are affecting their stability as a nation. [Does anything else need to be accomplished?] IMO they just need to say “go” and we are done. [...do you think today is the day?] It could be... I think they are setting the stage for it. My military sources are still saying anytime before Aug. 15th and banking contacts are saying it should be right now.
8-5-2019 Newshound/Intel Guru Mnt Goat Many of these stashes of currencies have been hidden for a very long time and are damaged and so the banks must have some standard to reject them. They will be turning them into the CBI and so they must follow the CBI. Folks this is a small indication but an important one that Iraq is getting ready to end the currency auctions and when they do we know they must use the Iraqi dinar for trade. When they do this they must raise the value and complete the project to delete the zeros. This is when we go to the bank and not before... [post 2 of 2]
8-5-2019 Newshound/Intel Guru Mnt Goat "CBI SETS THE CRITERIA FOR THE REJECTION OF BANKNOTES OF THE DOLLAR AND THE EURO" ...so this article may not seem so important. But why are they now establishing such criteria and outlining this to the banks now? Remember this is for collection of the Us dollar and the Euro not the dinar. So if the dinar is reinstated and it is higher than the USD and the Euro won’t citizens want to bring these foreign currencies to the bank and exchange them (to get rid of them)? [post 1 of 2....stay tuned]
8-5-2019 Intel Guru Eagleone2025 [via PDK] ...AS I SAID IN MAY THERE WOULD BE THREE MAJOR WINDOWS I TOLD SEVERAL PEOPLE THOSE WINDOWS. I ALSO SAID THERE WOULD BE A CHANCE IN SOME OF THE OTHER SMALL WINDOWS. EARLY IN THE YEAR I TALKED ABOUT SOME SERIOUS EVENTS WOULD TAKE PLACE. I TALKED ABOUT SEE YOU IN SEPT - OCT. AND OVER THE 60 DAYS THERE WOULD BE SERIOUS EVENTS. ...AS I SAID I HOPE I AM WRONG ABOUT TIME FRAME. I HOPE WE ARE IN THE BANKS SOON.
8-5-2019 Newshound/Intel Guru Dinar Investor - Jeff Delete the zeros can mean one of two things...It's based on a country's economy and where their economy and where their inflation is at...some countries...had a poor economy with high inflation. So what they would do is replace larger notes with smaller notes and they don't change the rate. What they've essentially done is devalue the currency that eases inflation. That's one scenario. Second Scenario which is what the Iraq Central Bank has told us they're gonna do... [post 1 of 2....stay tuned]
8-5-2019 Intel Guru MarkZ [via PDK] I have talked to a number of contacts there and Iraq is beyond ready to go...they are telling us every day they are ready to go…they are waiting on the rest of the world and desperately hope we hurry up because we are affecting their stability as a nation. [Does anything else need to be accomplished?] IMO they just need to say “go” and we are done. [...do you think today is the day?] It could be... I think they are setting the stage for it. My military sources are still saying anytime before Aug. 15th and banking contacts are saying it should be right now.
8-5-2019 Newshound/Intel Guru Mnt Goat Many of these stashes of currencies have been hidden for a very long time and are damaged and so the banks must have some standard to reject them. They will be turning them into the CBI and so they must follow the CBI. Folks this is a small indication but an important one that Iraq is getting ready to end the currency auctions and when they do we know they must use the Iraqi dinar for trade. When they do this they must raise the value and complete the project to delete the zeros. This is when we go to the bank and not before... [post 2 of 2]
8-5-2019 Newshound/Intel Guru Mnt Goat "CBI SETS THE CRITERIA FOR THE REJECTION OF BANKNOTES OF THE DOLLAR AND THE EURO" ...so this article may not seem so important. But why are they now establishing such criteria and outlining this to the banks now? Remember this is for collection of the Us dollar and the Euro not the dinar. So if the dinar is reinstated and it is higher than the USD and the Euro won’t citizens want to bring these foreign currencies to the bank and exchange them (to get rid of them)? [post 1 of 2....stay tuned]
8-4-2019 Newshound Guru Kaperoni ...people...won't take the time to read what MCP is. ...MCP has nothing to do with multiple currencies. It has to do with selling rates for spot exchange transactions between the member’s currency and any other member’s currency such as dinar/dollar. And it must not deviate by more than 2 percent between buying and selling rates...understand the terms of the IMF.
8-4-2019 Intel Guru Frank26 ...About 2 weeks ago the IMF came out and told the whole world that Iraq is Article VIII and the only way they can be Article VIII is if they lifted the value of their currency because it's one of the mandates of the IMF. We believe that they lifted the 3 zeroes electronically. The theme of "international" is everywhere...ever since the IMF said they are Article VIII...Why don't they tell us? Ever since that time, IMO, the CBI has been coming out almost daily defining that they are Article VIII & if it isn't the CBI it's somebody else...everybody knows...
8-4-2019 Newshound Guru Kaperoni ...about Article VIII. If and when Iraq is ready, the IMF will hold a meeting and a press release will come. They are not in Article VIII right now...
8-4-2019 Newshound Guru MilitiaMan So with distribution having begun per what the opinion piece suggests, then, there is no way this is going out to October nor is it waiting on Trump, Iran, China, or anyone else for that matter, except the CBI with Alak still at the helm. imo...As the FML and amended FML for 2019, is in place (imo) with the mechanisms established on time with a fully operational GOI and within there time line, as of today. imo. Add in the IMF lifted all exchange restrictions on Iraq back on the 25th real close. So, let that all sink in and keep us grounded. And, lets not forget that International Visa and Master Cards were being issued. Not for a program rate either!! We await the live mechanisms now... [post 2 of 2]
8-4-2019 Newshound Guru MilitiaMan Article: "Economy of Iraq .. and Abdul Mahdi" Quote: "It seems that Mr. Adel Abdul Mahdi's plan is to pump money into the market and increase the purchasing power of the individual..." The wealth distribution mentioned in this article is off the charts if the case in point is credible. It is suggesting they are to be (or are now) pumping money into the markets to increase purchasing power. Well pumping money into the markets if at a program rate would not be increasing value. In fact that would be the exact opposite, as it would be dilution of the money supply, having a negative effect on value. Thus, where we are at this stage would suggest they are pumping the new small category notes in to the market to add value or at least to the banks, as we have learned from Frank [Guru Frank26] that the new ATM machines will have new software to handle the new small category notes, gold, coins, even other currencies to do just that. That is to add value! [post 1 of 2...stay tuned]
8-4-2019 Newshound/Intel Guru RVAlready ...my bank is not open on weekends. I suspect rates may change on Sunday, but first appointments may not happen until Monday morning.
8-4-2019 Newshound Guru Adam Montana ... now is probably a good time to throw out a couple friendly Public Service Announcements... my friends, be SAFE and SMART when this happens! 1. Don't hand your currencies to anyone outside of a financial institution or maybe a currency exchange! (Regarding currency exchanges, there's almost 0 chance you'll get the "best" rate there.) 2. NOBODY IS CASHING IN EARLY! 3. You WILL pay taxes... or face the consequences. [check with your tax professional at the proper time] 4. The initial rate *may* be the best we will get... or it may be wise to hold out for a subsequent raise. ...be sure to keep a cool head when this goes down.
8-4-2019 Intel Guru Frank26 ...About 2 weeks ago the IMF came out and told the whole world that Iraq is Article VIII and the only way they can be Article VIII is if they lifted the value of their currency because it's one of the mandates of the IMF. We believe that they lifted the 3 zeroes electronically. The theme of "international" is everywhere...ever since the IMF said they are Article VIII...Why don't they tell us? Ever since that time, IMO, the CBI has been coming out almost daily defining that they are Article VIII & if it isn't the CBI it's somebody else...everybody knows...
8-4-2019 Newshound Guru Kaperoni ...about Article VIII. If and when Iraq is ready, the IMF will hold a meeting and a press release will come. They are not in Article VIII right now...
8-4-2019 Newshound Guru MilitiaMan So with distribution having begun per what the opinion piece suggests, then, there is no way this is going out to October nor is it waiting on Trump, Iran, China, or anyone else for that matter, except the CBI with Alak still at the helm. imo...As the FML and amended FML for 2019, is in place (imo) with the mechanisms established on time with a fully operational GOI and within there time line, as of today. imo. Add in the IMF lifted all exchange restrictions on Iraq back on the 25th real close. So, let that all sink in and keep us grounded. And, lets not forget that International Visa and Master Cards were being issued. Not for a program rate either!! We await the live mechanisms now... [post 2 of 2]
8-4-2019 Newshound Guru MilitiaMan Article: "Economy of Iraq .. and Abdul Mahdi" Quote: "It seems that Mr. Adel Abdul Mahdi's plan is to pump money into the market and increase the purchasing power of the individual..." The wealth distribution mentioned in this article is off the charts if the case in point is credible. It is suggesting they are to be (or are now) pumping money into the markets to increase purchasing power. Well pumping money into the markets if at a program rate would not be increasing value. In fact that would be the exact opposite, as it would be dilution of the money supply, having a negative effect on value. Thus, where we are at this stage would suggest they are pumping the new small category notes in to the market to add value or at least to the banks, as we have learned from Frank [Guru Frank26] that the new ATM machines will have new software to handle the new small category notes, gold, coins, even other currencies to do just that. That is to add value! [post 1 of 2...stay tuned]
8-4-2019 Newshound/Intel Guru RVAlready ...my bank is not open on weekends. I suspect rates may change on Sunday, but first appointments may not happen until Monday morning.
8-4-2019 Newshound Guru Adam Montana ... now is probably a good time to throw out a couple friendly Public Service Announcements... my friends, be SAFE and SMART when this happens! 1. Don't hand your currencies to anyone outside of a financial institution or maybe a currency exchange! (Regarding currency exchanges, there's almost 0 chance you'll get the "best" rate there.) 2. NOBODY IS CASHING IN EARLY! 3. You WILL pay taxes... or face the consequences. [check with your tax professional at the proper time] 4. The initial rate *may* be the best we will get... or it may be wise to hold out for a subsequent raise. ...be sure to keep a cool head when this goes down.
8-3-2019 Newshound/Intel Guru Dinar Investor - Jeff We have seen more articles...since the beginning of July putting emphasis on both Article 140 and the HCL. This is huge. Both of these items have to do with post rate change...both of these steps cannot take place physically until after the rate has changed meaning they can only happen at the very end...they are literally waiting on the rate change. ...We are looking amazing...we have to let this play out...IMO. The end of September is my personal window for this and you can see the facts are walking you into that period. [post 3 of 3]
8-3-2019 Newshound/Intel Guru Dinar Investor - Jeff We learned that Iraq is under Art. VIII guidelines. They are not Article VIII. Iraq cannot become Art. VIII until they change the value or rate of their currency and make their currency internationally recognized...that's what they are waiting on to become Article VIII. They are only under Article VIII guidelines and policies. ...They have told us at the beginning of this year that the HCL and Article 140 contained monies inside the 2019 budget...that's fact...and recently released another article telling you... [post 2 of 3....stay tuned]
8-3-2019 Newshound/Intel Guru Dinar Investor - Jeff What's taking so long...why are we waiting? Since the beginning of the year I said we are waiting on the formation of the government...that's because the Central Bank directly has told us that they delayed this entire thing because Iraq must have political stability...Now you see at the beginning of July they shifted gears and started going after corruption...so we are waiting for the corruption to be cleaned up and there's a lot of current government proxy positions that end at the end of September...we are waiting for those to be removed as well. [post 1 of 3....stay tuned]
8-3-2019 Newshound Guru Kaperoni MCP or multiple currency practice is deceiving in its words. It has to do with the price of goods. And in this case with Iraq, its about maintaining an exchange rate between the Official Rate and Market Rate that does not deviate by more than 2%...It has nothing to do with using one currency. Both the dollar and dinar will be in Iraq forever due to sale of oil.
8-3-2019 Newshound Guru Breitling Question "There appears there will be a new governor of the CBI. Is that good, bad or indifferent?" It is indifferent. Remember it is parliament. Parliament has the Ministry of Planning and then they have the Minister of Finance and then...the CBI manages it...The governor of Iraq [CBI?} doesn't have their own agenda...they're managers...They're independent but they're managers and they're given orders and that's it. It's indifferent. The agenda came from parliament. Went to the Ministry of Planning and went to the Ministry of Finance and then goes up to the CBI. So that hasn't changed. People don't realize with the different factions they have in Iraq they all agreed they want to change the value of their currency...none of that has ever changed.
8-3-2019 Intel Guru Frank26 I am encouraged about what the Central Bank and the GOI is doing to let everybody know that they are article VIII...that they are of international standards...it's a massive campaign...and now the commercials and the billboards are all over the place...The Central Bank of Iraq, The Trade Bank and the Government of Iraq are telling the people get in there [banks] and they're using the tactic of loans to open accounts. That will become extremely important in the reinstatement of the Iraqi dinar...
8-3-2019 Intel Guru RayRen98 US Banks have been in meetings throughout the day, interest and excitement is at an all-time "high". New rates are showing...Dinar - $3.91...Dong - $2.27... They say the rates are very "subject-to-change" and to make your appointment in a timely manner. The Iraqi banks open at 1:00 AM, Eastern, rate changes are expected, but not guaranteed. Stay COOL, CALM and COLLECTED.
8-3-2019 Newshound/Intel Guru Dinar Investor - Jeff We learned that Iraq is under Art. VIII guidelines. They are not Article VIII. Iraq cannot become Art. VIII until they change the value or rate of their currency and make their currency internationally recognized...that's what they are waiting on to become Article VIII. They are only under Article VIII guidelines and policies. ...They have told us at the beginning of this year that the HCL and Article 140 contained monies inside the 2019 budget...that's fact...and recently released another article telling you... [post 2 of 3....stay tuned]
8-3-2019 Newshound/Intel Guru Dinar Investor - Jeff What's taking so long...why are we waiting? Since the beginning of the year I said we are waiting on the formation of the government...that's because the Central Bank directly has told us that they delayed this entire thing because Iraq must have political stability...Now you see at the beginning of July they shifted gears and started going after corruption...so we are waiting for the corruption to be cleaned up and there's a lot of current government proxy positions that end at the end of September...we are waiting for those to be removed as well. [post 1 of 3....stay tuned]
8-3-2019 Newshound Guru Kaperoni MCP or multiple currency practice is deceiving in its words. It has to do with the price of goods. And in this case with Iraq, its about maintaining an exchange rate between the Official Rate and Market Rate that does not deviate by more than 2%...It has nothing to do with using one currency. Both the dollar and dinar will be in Iraq forever due to sale of oil.
8-3-2019 Newshound Guru Breitling Question "There appears there will be a new governor of the CBI. Is that good, bad or indifferent?" It is indifferent. Remember it is parliament. Parliament has the Ministry of Planning and then they have the Minister of Finance and then...the CBI manages it...The governor of Iraq [CBI?} doesn't have their own agenda...they're managers...They're independent but they're managers and they're given orders and that's it. It's indifferent. The agenda came from parliament. Went to the Ministry of Planning and went to the Ministry of Finance and then goes up to the CBI. So that hasn't changed. People don't realize with the different factions they have in Iraq they all agreed they want to change the value of their currency...none of that has ever changed.
8-3-2019 Intel Guru Frank26 I am encouraged about what the Central Bank and the GOI is doing to let everybody know that they are article VIII...that they are of international standards...it's a massive campaign...and now the commercials and the billboards are all over the place...The Central Bank of Iraq, The Trade Bank and the Government of Iraq are telling the people get in there [banks] and they're using the tactic of loans to open accounts. That will become extremely important in the reinstatement of the Iraqi dinar...
8-3-2019 Intel Guru RayRen98 US Banks have been in meetings throughout the day, interest and excitement is at an all-time "high". New rates are showing...Dinar - $3.91...Dong - $2.27... They say the rates are very "subject-to-change" and to make your appointment in a timely manner. The Iraqi banks open at 1:00 AM, Eastern, rate changes are expected, but not guaranteed. Stay COOL, CALM and COLLECTED.
8-2-2019 Newshound Guru chattels Article "The central bank sells more than $ 229 million at a currency auction Thursday 01 August"...Contrary to [Guru]...Breitling, the auction(s) in Iraq have actually been a bit " higher " in volume...
8-2-2019 Newshound/Intel Guru Dinar Investor - Jeff ...The #1 thing we are waiting on is for them to have a completed government...that's political stability...So that's part of the 10-1, Q4 [Oct. 1 st, Fourth Quarter]...the amended 2019 budget starting 10-1, Q4, they have a new CBI governor to start on 10-1, Q4, they also have a new software stock trading platform that gets implemented on 10-1... So here's the part that's my opinion: I just rattled off a bunch of stuff pointing to 10-1 and we know we're waiting for the formation of the completed government..they most likely will finish the formation of the government during the second half of September. IMO, I strongly feel that they are going to change the rate and the end of September, probably the weekend of September 21, 22 because I fee they have to walk into 10-1, Q4 with a brand new rate in hand... [Post 3 of 3]
8-2-2019 Newshound/Intel Guru Dinar Investor - Jeff ...since the beginning of July you have seen tons of articles about Article 140 & the HCL... All of that is post rate change & cannot be implemented or added to the constitution until the very end until they are ready to change the rate. That's why you are seeing it now. So roughly 2 weeks ago the Kurds came to Baghdad & they heavily discussed the Oil & Gas Law and Article 140...What I am trying to stress is that for the Kurds to come and discuss the HCL and Article 140 that can only take place at the end because they can't amend it, add it to the constitution or implement it until after the rate has changed...they have to save those items until the very end & it started at the beginning of July. So now you are seeing them set the stage for the citizens... [post 2 of 3....stay tuned]
8-2-2019 Newshound/Intel Guru Dinar Investor - Jeff The intel I'm going to share is probably just about 100% accurate...It's going to paint a pretty good picture of where we stand... Everything that gives the citizens an improved better life is inside the 2019 budget suggesting that the rate was going to change this year in 2019 budget because they allocated money for it inside the 2019 budget. Iraq has been setting the stage for the rate change this entire year. Setting the stage has to happen in 2 layers. They have to have to set the stage for the country for the rate change & then they have to set the stage for the citizens for the rate change... What we saw they they were setting the stage for the country during the 1st 6 months... [post 1 of 3....stay tuned]
8-2-2019 Newshound Guru G-Lin What I do know is the IMF pounced pretty hard on Iraq in this latest consultation. The corruption must be dealt with and the unrest with the Iran situation is worrisome to say the least. IMF has a hard time auditing the banks when they do not receive data. Auctions are huge again the last few days. Corruption galore. Most of that is from Iran. It will continue as long as they are financially crippled. They will manage to get their $'s. ...I think the majority have returned. Ali Abdul Amir Allawi was mentioned as new CBI director but nothing official yet. [post 2 of 2]
8-2-2019 Newshound Guru G-Lin Well it is clear that a general census will need to be conducted and a permanent constitution must be ratified. I have always felt that the census needed to be in place in order for Art. 140 and the HCL to be activated...We have all been told by our dinarland colleagues over the last 10 or 15 years of this investment that there will be no increase in value of the dinar until Art. 140 and HCL are in place. I'm really not so sure of that opinion. It seems that they would need a strong and stable economic system to be able to apply needed monetary structures involved with Art. 140 and HCL. I don't know. [post 1 of 2....stay tuned]
8-2-2019 Intel Guru MarkZ ...we should get 800 numbers over the weekend. I don’t expect to see them until Sunday though…the info is solid and even though it feels like the can was kicked...I believe we are there. I personally think the delays are just logistic at this point. [What are your redemption center people saying?] They were scheduled to work today...they did not know about the weekend yet when I spoke with them yesterday. Its now been 3 days since I havnt been able to reach my contact in Iraq...this is unusual. Last I heard was the street rate was going to be $3.91. Remember Kuwait went 10 days before the world knew they had RV’d.
8-2-2019 Newshound Guru Breitling Question - "I understand Iraq slowed the currency auctions down does that effect their currency in any way and put pressure on the revalue?" Absolutely it does. And I don't think it's a coincidence that they've slowed the auctions down. They've shrunk their money supply...people are having problems buying currency in the United States. You can't get it. I know there's the hype and all of that too but people don't realize that Iraq is short in their currency. They probably have a little bit more to go. I really don't know because it's changed so much...
8-2-2019 Newshound Guru Adam Montana There's a lot of talk right now from the gurusphere... Article IV of the IMF, Article 140 with Iraq, HCL, Article VIII...The interesting thing about all this new Guru stuff out there? They are actually on the right path, for once... The IMF, GOI, and a few other sources are putting out some VERY high profile talk right now, and it's too hot to ignore. We all know I can't predict the date or the rate, so I won't try... but I'll say this again: It's too hot to ignore right now. I am REALLY looking forward to some further developments on the latest, because I can't remember the last time we had THIS much good stuff brewing all at the same time.
8-2-2019 Newshound/Intel Guru Dinar Investor - Jeff ...The #1 thing we are waiting on is for them to have a completed government...that's political stability...So that's part of the 10-1, Q4 [Oct. 1 st, Fourth Quarter]...the amended 2019 budget starting 10-1, Q4, they have a new CBI governor to start on 10-1, Q4, they also have a new software stock trading platform that gets implemented on 10-1... So here's the part that's my opinion: I just rattled off a bunch of stuff pointing to 10-1 and we know we're waiting for the formation of the completed government..they most likely will finish the formation of the government during the second half of September. IMO, I strongly feel that they are going to change the rate and the end of September, probably the weekend of September 21, 22 because I fee they have to walk into 10-1, Q4 with a brand new rate in hand... [Post 3 of 3]
8-2-2019 Newshound/Intel Guru Dinar Investor - Jeff ...since the beginning of July you have seen tons of articles about Article 140 & the HCL... All of that is post rate change & cannot be implemented or added to the constitution until the very end until they are ready to change the rate. That's why you are seeing it now. So roughly 2 weeks ago the Kurds came to Baghdad & they heavily discussed the Oil & Gas Law and Article 140...What I am trying to stress is that for the Kurds to come and discuss the HCL and Article 140 that can only take place at the end because they can't amend it, add it to the constitution or implement it until after the rate has changed...they have to save those items until the very end & it started at the beginning of July. So now you are seeing them set the stage for the citizens... [post 2 of 3....stay tuned]
8-2-2019 Newshound/Intel Guru Dinar Investor - Jeff The intel I'm going to share is probably just about 100% accurate...It's going to paint a pretty good picture of where we stand... Everything that gives the citizens an improved better life is inside the 2019 budget suggesting that the rate was going to change this year in 2019 budget because they allocated money for it inside the 2019 budget. Iraq has been setting the stage for the rate change this entire year. Setting the stage has to happen in 2 layers. They have to have to set the stage for the country for the rate change & then they have to set the stage for the citizens for the rate change... What we saw they they were setting the stage for the country during the 1st 6 months... [post 1 of 3....stay tuned]
8-2-2019 Newshound Guru G-Lin What I do know is the IMF pounced pretty hard on Iraq in this latest consultation. The corruption must be dealt with and the unrest with the Iran situation is worrisome to say the least. IMF has a hard time auditing the banks when they do not receive data. Auctions are huge again the last few days. Corruption galore. Most of that is from Iran. It will continue as long as they are financially crippled. They will manage to get their $'s. ...I think the majority have returned. Ali Abdul Amir Allawi was mentioned as new CBI director but nothing official yet. [post 2 of 2]
8-2-2019 Newshound Guru G-Lin Well it is clear that a general census will need to be conducted and a permanent constitution must be ratified. I have always felt that the census needed to be in place in order for Art. 140 and the HCL to be activated...We have all been told by our dinarland colleagues over the last 10 or 15 years of this investment that there will be no increase in value of the dinar until Art. 140 and HCL are in place. I'm really not so sure of that opinion. It seems that they would need a strong and stable economic system to be able to apply needed monetary structures involved with Art. 140 and HCL. I don't know. [post 1 of 2....stay tuned]
8-2-2019 Intel Guru MarkZ ...we should get 800 numbers over the weekend. I don’t expect to see them until Sunday though…the info is solid and even though it feels like the can was kicked...I believe we are there. I personally think the delays are just logistic at this point. [What are your redemption center people saying?] They were scheduled to work today...they did not know about the weekend yet when I spoke with them yesterday. Its now been 3 days since I havnt been able to reach my contact in Iraq...this is unusual. Last I heard was the street rate was going to be $3.91. Remember Kuwait went 10 days before the world knew they had RV’d.
8-2-2019 Newshound Guru Breitling Question - "I understand Iraq slowed the currency auctions down does that effect their currency in any way and put pressure on the revalue?" Absolutely it does. And I don't think it's a coincidence that they've slowed the auctions down. They've shrunk their money supply...people are having problems buying currency in the United States. You can't get it. I know there's the hype and all of that too but people don't realize that Iraq is short in their currency. They probably have a little bit more to go. I really don't know because it's changed so much...
8-2-2019 Newshound Guru Adam Montana There's a lot of talk right now from the gurusphere... Article IV of the IMF, Article 140 with Iraq, HCL, Article VIII...The interesting thing about all this new Guru stuff out there? They are actually on the right path, for once... The IMF, GOI, and a few other sources are putting out some VERY high profile talk right now, and it's too hot to ignore. We all know I can't predict the date or the rate, so I won't try... but I'll say this again: It's too hot to ignore right now. I am REALLY looking forward to some further developments on the latest, because I can't remember the last time we had THIS much good stuff brewing all at the same time.
8-1-2019 Newshound Guru Adam Montana [They’ve come a long way since their 1st election in 2005...they still have a long road ahead. Recent developments will help smooth out some of the rougher bumps in the road.] I think thy have a long road ahead BUT that is going to be the case regardless of when they change the value...
8-1-2019 Newshound/Intel Guru Dinar Investor - Jeff ...I've got an article showing...how Iraq has engaged in a Memorandum of Understanding with the U.N. to do the reconstruction in liberated areas...So this is just more proof showing you were at the end of the ride... And remember Art. 140, which...some of it is giving restitution to the Kurdistan people/citizens ...there's money allocated for Art. 140 inside the 2019 budget. That shows you Iraq has full intentions of changing the rate this year, in 2019 not 2020. [post 3 of 3]
8-1-2019 Newshound/Intel Guru Dinar Investor - Jeff ...The reconstruction from the war has been outstanding for over 1 1/2 yrs. ...because they can only use 1 currency to pay for it...the dinar. The reason they have not pushed forward & restarted reconstruction is simply because their currency is not internationally recognized... It's that simple...how can they pay outside contractors...to pay for it? ...They can't. They simply have to wait until it is internationally recognized which means they have to wait until the rate change occurs and their currency becomes internationally recognized. [post 2 of 3....stay tuned]
8-1-2019 Newshound/Intel Guru Dinar Investor - Jeff ...Last weekend you had a chance to see the IMF Article 4 consultation and inside of that it had comments about Iraq transitioning into Art. VIII and showing you how Iraq is currently under Art. VIII rules and guidelines per the IMF ...that's because Iraq's got training wheels on right now transitioning into Art. VIII and they have been at that step for at least a year now. And one of the key things you saw was that Iraq is under a single currency practice, MCP, which means they can only use 1 currency, their native currency, the Iraqi dinar. [post 1 of 3....stay tuned]
8-1-2019 Intel Guru MarkZ At redemption centers my contacts are there and just twiddling their thumbs waiting for us all to exchange. Was unable to get in touch with people in Iraq which is unusual...so unable to find out about rumored new rates at street level there. [I was told 800 numbers after market close tonight.] That makes sense and goes with the intel I was told. [I heard Dong will rv at .42 cents.] I heard anywhere from .42 to $2+.
8-1-2019 Intel Guru Frank26 "International" is a theme that is permeating the air in Iraq. The citizens know. The contractors know. The budget knows... Internationalism is everywhere...the IMF came out and said they are Article VIII...Remember I told you they're overspending and to me it's an example that Iraq knows what they are about to do with their currency...March 20th Article "Parliament Finance Committee is moving in the current legislation session to develop mechanisms to change the monetary policy in the country of Iraq in coordination with the Central Bank of Iraq aimed at raising the dinar exchange rate and maintaining the stability of inflation..." Evidence is everywhere...their goal was [is] to add value...
8-1-2019 Newshound/Intel Guru Mnt Goat Article: "IMF EXECUTIVE BOARD CONCLUDES 2019 ARTICLE IV CONSULTATION WITH IRAQ" this also is WOW news! This consultation was supposed to happen last Sept but was postponed due to not having the government fully in place. So now that we see this article on the results of it, we know that the IMF is satisfied with what government is formed and we can conclude for all practical purposes it is done...This is a very good indicator as to where we are. But is there anything else they need to get done? Also...they project such a high GDP in 2020? How will they accomplish this change in GDP without a real rate of their currency?
8-1-2019 Newshound Guru Breitling ...Trump is bitching about the Federal Reserve. Why? Because all these countries are artificially lowering the value of their currencies so they can compete with one another...Trump is like, 'Hey, we need to do that too or we're going to get hurt here.'...Trump can't get the Federal Reserve to lower the value of the currency [U.S. Dollar]...the idea that the president has control over the currency, well that stops that debate right? He's begging them to lower interest rates. So Trump doesn't have control over our currency of whether it goes up or down he sure as shit doesn't have control of Iraq's currency does he? So that will give you a clue of the reality of it...
8-1-2019 Intel Guru Eagleone2025 [via PDK] There has been a lot of things happening with a lot of military guys and intel from DC and the Whitehouse. I understand that this appears real close. I really hope we are in the banks this week...I did talk with the contacts who had told me to look at Sept and Oct and now it seems that Trump is having meeting the first part of August with both foreign and local reps about the RV. ...if it takes a little longer - don’t get discouraged. It will happen...I really hope the guys who told me that to watch Sept and Oct. are wrong and that we are all in the banks this week...
8-1-2019 Newshound/Intel Guru Dinar Investor - Jeff ...I've got an article showing...how Iraq has engaged in a Memorandum of Understanding with the U.N. to do the reconstruction in liberated areas...So this is just more proof showing you were at the end of the ride... And remember Art. 140, which...some of it is giving restitution to the Kurdistan people/citizens ...there's money allocated for Art. 140 inside the 2019 budget. That shows you Iraq has full intentions of changing the rate this year, in 2019 not 2020. [post 3 of 3]
8-1-2019 Newshound/Intel Guru Dinar Investor - Jeff ...The reconstruction from the war has been outstanding for over 1 1/2 yrs. ...because they can only use 1 currency to pay for it...the dinar. The reason they have not pushed forward & restarted reconstruction is simply because their currency is not internationally recognized... It's that simple...how can they pay outside contractors...to pay for it? ...They can't. They simply have to wait until it is internationally recognized which means they have to wait until the rate change occurs and their currency becomes internationally recognized. [post 2 of 3....stay tuned]
8-1-2019 Newshound/Intel Guru Dinar Investor - Jeff ...Last weekend you had a chance to see the IMF Article 4 consultation and inside of that it had comments about Iraq transitioning into Art. VIII and showing you how Iraq is currently under Art. VIII rules and guidelines per the IMF ...that's because Iraq's got training wheels on right now transitioning into Art. VIII and they have been at that step for at least a year now. And one of the key things you saw was that Iraq is under a single currency practice, MCP, which means they can only use 1 currency, their native currency, the Iraqi dinar. [post 1 of 3....stay tuned]
8-1-2019 Intel Guru MarkZ At redemption centers my contacts are there and just twiddling their thumbs waiting for us all to exchange. Was unable to get in touch with people in Iraq which is unusual...so unable to find out about rumored new rates at street level there. [I was told 800 numbers after market close tonight.] That makes sense and goes with the intel I was told. [I heard Dong will rv at .42 cents.] I heard anywhere from .42 to $2+.
8-1-2019 Intel Guru Frank26 "International" is a theme that is permeating the air in Iraq. The citizens know. The contractors know. The budget knows... Internationalism is everywhere...the IMF came out and said they are Article VIII...Remember I told you they're overspending and to me it's an example that Iraq knows what they are about to do with their currency...March 20th Article "Parliament Finance Committee is moving in the current legislation session to develop mechanisms to change the monetary policy in the country of Iraq in coordination with the Central Bank of Iraq aimed at raising the dinar exchange rate and maintaining the stability of inflation..." Evidence is everywhere...their goal was [is] to add value...
8-1-2019 Newshound/Intel Guru Mnt Goat Article: "IMF EXECUTIVE BOARD CONCLUDES 2019 ARTICLE IV CONSULTATION WITH IRAQ" this also is WOW news! This consultation was supposed to happen last Sept but was postponed due to not having the government fully in place. So now that we see this article on the results of it, we know that the IMF is satisfied with what government is formed and we can conclude for all practical purposes it is done...This is a very good indicator as to where we are. But is there anything else they need to get done? Also...they project such a high GDP in 2020? How will they accomplish this change in GDP without a real rate of their currency?
8-1-2019 Newshound Guru Breitling ...Trump is bitching about the Federal Reserve. Why? Because all these countries are artificially lowering the value of their currencies so they can compete with one another...Trump is like, 'Hey, we need to do that too or we're going to get hurt here.'...Trump can't get the Federal Reserve to lower the value of the currency [U.S. Dollar]...the idea that the president has control over the currency, well that stops that debate right? He's begging them to lower interest rates. So Trump doesn't have control over our currency of whether it goes up or down he sure as shit doesn't have control of Iraq's currency does he? So that will give you a clue of the reality of it...
8-1-2019 Intel Guru Eagleone2025 [via PDK] There has been a lot of things happening with a lot of military guys and intel from DC and the Whitehouse. I understand that this appears real close. I really hope we are in the banks this week...I did talk with the contacts who had told me to look at Sept and Oct and now it seems that Trump is having meeting the first part of August with both foreign and local reps about the RV. ...if it takes a little longer - don’t get discouraged. It will happen...I really hope the guys who told me that to watch Sept and Oct. are wrong and that we are all in the banks this week...
7-31-2019 Intel Guru MarkZ [via PDK] [Iran dropped zeros, guess who next?] Yes that news article out of Iran today…dropping 4 zeros. We are also getting reports out of Iran and Iraq in the last few hours that they both posted new rates...we are trying to get verification on that from those countries...consider this rumor for now. It really does appear that everything is ripping loose right now guys…It should be an action packed next 24 hours...A couple other treasury sources told me that tomorrow was going to be exciting.
7-31-2019 Newshound Guru future Article: "Iran deleted 4 zeros from its currency" i find the timing of them doing this pretty interesting. Ian and Iraq are very close...my thoughts its interesting timing for them to do this now lets hope Iraq does something now Cbi is ready.
7-31-2019 Intel Guru MarkZ [I heard we will have to pay a Capital Gains tax on our investment...any truth to that?] I am still hearing there will be no taxes on our exchange...We will have to wait until we are actually in the banks to know for sure. ...We all need to get professional help on this one.
7-31-2019 Newshound Guru Kaperoni Iran announced today they are changing currencies from the Riyal to the Tuman and deleting 4 zeros. That's a Lop because of failed monetary policy. Iraq is different because monetary policy has been a success in Iraq.
7-31-2019 Newshound Guru future [dosent the government have to fill in the one position for ministry of education before the CBI does something with the currency?] education is not that important for a monetary change thats my opinion...
7-31-2019 Newshound Guru Breitling [Question..."...it would seem Trump will be in office until 2024...how does that effect our situation with the dinar?"] ...The reason why it's a good place for Iraq right now is because what's on the table...Trump's style is that you are not going to sit on the fence. 'Either you pivot toward us or you're not going to participate'...next thing you know...Iraq is not sitting on the fence. They're like 'no, we want to be in the markets.' So things have changed in the Middle East. That's why you saw these laws being passed in Iraq. The Financial Management Bill. Then all of a sudden they're not just throwing out BS article out on the IMF...Iraq Stock Exchange going on the NASDAQ. They're having mega events for it...why? Cause the markets are opening up to them...it's a big deal. And they're very very happy. That's why they're walking around with a little bit more energy. And it's a huge deal for us. They are going to add value to their currency...
7-31-2019 Newshound Guru Vital Brad ...there's certain stipulations that need to be completed for them to reinstate their currency. Information I got here says, 'Iraq continues to avail itself of the transitional arrangements under article 14 section 2 but no longer maintains any exchange restrictions or multiple currency practices subject to Article 14 section 2 and currently maintains one multiple currency practice (MCP) subject to fund approval under article VIII section 3.1.' So Article VIII has stipulated that Iraq can only use one currency, Iraqi dinar. And meeting these requirements allows for the opportunity to change the exchange rate. So some exciting things coming out. There's people out there saying that this thing is months and months away. You and I like to keep a long-term perspective rather than it's next week...but all the things that are happening...these final details are being put into place that can allow for this to happen...
7-31-2019 Intel Guru MarkZ [via PDK] I hear that making the appointment is the important part and we will have weeks to get to the RC’s/banks...I still hear that you will have a redemption center within about 50 miles of you here in the US...they want your exchange to be easy. If you call the 800#, it is my understanding you will get the contract rate and will not have to jump through hoops to get it! I still hear that the street rate in Iraq will be $3.91. Its been pretty consistent this week from all sources that the public should start on Thursday...
7-31-2019 Intel Guru Bruce [via PinkRoses] ...our trigger is the toll-free number. The toll-free numbers are we understand staged and ready to release. We know the Redemption Center staff are primed and ready possibly as early as tomorrow [Wednesday] late morning...All the rates are on the screens. The currencies are fluctuating normally through normal trading. That is what we want to see. ...I just think we are finally there...Security is at a level 5, the highest level. They are ready. We are ready...I believe finally we are there. [post 2 of 2]
7-31-2019 Intel Guru Bruce Now, first of all, we are under the impression everything was to roll today [Tuesday] for us. Then we also heard we were waiting not only for the Dinar to come up which it did...Monday it was up on the screens at the banks. ...Really Iraq has been ready to go for about the last 3 to 4 days now. Totally ready. We can’t really say anything is holding up Iraq...we are seeing...a lot of movement that is taking us to the point where we should see something very soon... [post 1 of 2....stay tuned]
7-31-2019 Intel Guru Frank26 They have talked about the ATMs before on the news...but today this was the first time they went out and they were giving more options on the ATM machines and even said the ratio of ATMs in the country that started back in 2017 that there were 611 ATM machines back then but now they're telling the citizens that there are thousands of these new ATM machines including 356 alone in Baghdad...
7-31-2019 Newshound Guru future Article: "Iran deleted 4 zeros from its currency" i find the timing of them doing this pretty interesting. Ian and Iraq are very close...my thoughts its interesting timing for them to do this now lets hope Iraq does something now Cbi is ready.
7-31-2019 Intel Guru MarkZ [I heard we will have to pay a Capital Gains tax on our investment...any truth to that?] I am still hearing there will be no taxes on our exchange...We will have to wait until we are actually in the banks to know for sure. ...We all need to get professional help on this one.
7-31-2019 Newshound Guru Kaperoni Iran announced today they are changing currencies from the Riyal to the Tuman and deleting 4 zeros. That's a Lop because of failed monetary policy. Iraq is different because monetary policy has been a success in Iraq.
7-31-2019 Newshound Guru future [dosent the government have to fill in the one position for ministry of education before the CBI does something with the currency?] education is not that important for a monetary change thats my opinion...
7-31-2019 Newshound Guru Breitling [Question..."...it would seem Trump will be in office until 2024...how does that effect our situation with the dinar?"] ...The reason why it's a good place for Iraq right now is because what's on the table...Trump's style is that you are not going to sit on the fence. 'Either you pivot toward us or you're not going to participate'...next thing you know...Iraq is not sitting on the fence. They're like 'no, we want to be in the markets.' So things have changed in the Middle East. That's why you saw these laws being passed in Iraq. The Financial Management Bill. Then all of a sudden they're not just throwing out BS article out on the IMF...Iraq Stock Exchange going on the NASDAQ. They're having mega events for it...why? Cause the markets are opening up to them...it's a big deal. And they're very very happy. That's why they're walking around with a little bit more energy. And it's a huge deal for us. They are going to add value to their currency...
7-31-2019 Newshound Guru Vital Brad ...there's certain stipulations that need to be completed for them to reinstate their currency. Information I got here says, 'Iraq continues to avail itself of the transitional arrangements under article 14 section 2 but no longer maintains any exchange restrictions or multiple currency practices subject to Article 14 section 2 and currently maintains one multiple currency practice (MCP) subject to fund approval under article VIII section 3.1.' So Article VIII has stipulated that Iraq can only use one currency, Iraqi dinar. And meeting these requirements allows for the opportunity to change the exchange rate. So some exciting things coming out. There's people out there saying that this thing is months and months away. You and I like to keep a long-term perspective rather than it's next week...but all the things that are happening...these final details are being put into place that can allow for this to happen...
7-31-2019 Intel Guru MarkZ [via PDK] I hear that making the appointment is the important part and we will have weeks to get to the RC’s/banks...I still hear that you will have a redemption center within about 50 miles of you here in the US...they want your exchange to be easy. If you call the 800#, it is my understanding you will get the contract rate and will not have to jump through hoops to get it! I still hear that the street rate in Iraq will be $3.91. Its been pretty consistent this week from all sources that the public should start on Thursday...
7-31-2019 Intel Guru Bruce [via PinkRoses] ...our trigger is the toll-free number. The toll-free numbers are we understand staged and ready to release. We know the Redemption Center staff are primed and ready possibly as early as tomorrow [Wednesday] late morning...All the rates are on the screens. The currencies are fluctuating normally through normal trading. That is what we want to see. ...I just think we are finally there...Security is at a level 5, the highest level. They are ready. We are ready...I believe finally we are there. [post 2 of 2]
7-31-2019 Intel Guru Bruce Now, first of all, we are under the impression everything was to roll today [Tuesday] for us. Then we also heard we were waiting not only for the Dinar to come up which it did...Monday it was up on the screens at the banks. ...Really Iraq has been ready to go for about the last 3 to 4 days now. Totally ready. We can’t really say anything is holding up Iraq...we are seeing...a lot of movement that is taking us to the point where we should see something very soon... [post 1 of 2....stay tuned]
7-31-2019 Intel Guru Frank26 They have talked about the ATMs before on the news...but today this was the first time they went out and they were giving more options on the ATM machines and even said the ratio of ATMs in the country that started back in 2017 that there were 611 ATM machines back then but now they're telling the citizens that there are thousands of these new ATM machines including 356 alone in Baghdad...
7-30-2019 Newshound/Intel Guru Mnt Goat As we exit July, we still do not see any reinstatement of the Iraq currency. But we know it is very close at hand and I believe maybe even being held up for some reason now.
7-30-2019 Newshound Guru Vital Brad ...with the article that came out saying they're ready to implement article 140...They're saying they're ready to pay back citizens. They're ready to pay back for lost property, lost wages, lost opportunity. Where's the money coming from?...definitely want to pay attention to article 140...
7-30-2019 Intel Guru Frank26 They took down the picture of the governor of the Central Bank of Iraq from the CBI today...I have not vetted it yet but it's coming from a source that I trust and respect. So with that in mind I give it to you the CBI is getting ready to make an announcement that they have a new governor. What do you think this new governor is getting ready to make an announcement about? IMO the same damn thing the IMF just told the whole world. Iraq is of international standards and are article VIII... [Post 2 of 2]
7-30-2019 Intel Guru Frank26 Iraqi dinar investment...it's getting more and more interesting every day... we know the IMF came out a few days ago and blatantly put Iraq in the position where they are now internationally recognized cause they are article VIII...Today Mahdi the PM comes out and says Allawi is going to become the new governor of the Central Bank of Iraq...they're preparing themselves to give you an announcement... [Post 1 of 2]
7-30-2019 Newshound/Intel Guru Dinar Investor - Jeff A few weeks ago weeks ago an article came out that said Iraq's 2019 budget had Article 140 monies inside of it. That's their way of telling you they had plans of changing the rate during the year of 2019 because those monies are withing the 2019 budget. This article is important because they are telling you they are strongly ready to implement this. I have been putting emphasis on Q4...10/1 ...walking into Q4 with a new rate in hand. [post 2 of 2]
7-30-2019 Newshound/Intel Guru Dinar Investor - Jeff [new Guru] Iraq just posted a very good...important... article talking about how they are strongly ready to implement Article 140....Many people are saying that we are not close to the RV because Iraq has not implemented Article 140...that is an incorrect statement...The current constitution only goes to Article 139...the constitution will have to be amended to add Article 140 as well as the HCL to it. [post 1 of 2....stay tuned]
7-30-2019 Newshound Guru Kaperoni An article...stated they will have a 72 trillion dinar deficit. In other words they are building about 70 billion USD extra into the budget that is expected to be funded by foreign investment. In order for this to succeed, they must pass the laws needed, and open the banking system (Article VIII) for this to work. There is no alternative. The next 6 months will be fun to watch... [post 2 of 2]
7-30-2019 Newshound Guru Kaperoni Parliament is in the process of preparing the 2020 budget. Described in the media as "the budget will be different directions next year to represent the government's economic openness to investment and increase financial resources alternative to oil" and "indicating that the budget will create a qualitative boom in the Iraqi economy through drastic changes in public expenditure and investment funds and services." Clearly this is important to the transition to a market economy...As well as they are building the expenditure into the budget for 2020. [post 1 of 2....stay tuned]
7-30-2019 Newshound Guru Vital Brad ...with the article that came out saying they're ready to implement article 140...They're saying they're ready to pay back citizens. They're ready to pay back for lost property, lost wages, lost opportunity. Where's the money coming from?...definitely want to pay attention to article 140...
7-30-2019 Intel Guru Frank26 They took down the picture of the governor of the Central Bank of Iraq from the CBI today...I have not vetted it yet but it's coming from a source that I trust and respect. So with that in mind I give it to you the CBI is getting ready to make an announcement that they have a new governor. What do you think this new governor is getting ready to make an announcement about? IMO the same damn thing the IMF just told the whole world. Iraq is of international standards and are article VIII... [Post 2 of 2]
7-30-2019 Intel Guru Frank26 Iraqi dinar investment...it's getting more and more interesting every day... we know the IMF came out a few days ago and blatantly put Iraq in the position where they are now internationally recognized cause they are article VIII...Today Mahdi the PM comes out and says Allawi is going to become the new governor of the Central Bank of Iraq...they're preparing themselves to give you an announcement... [Post 1 of 2]
7-30-2019 Newshound/Intel Guru Dinar Investor - Jeff A few weeks ago weeks ago an article came out that said Iraq's 2019 budget had Article 140 monies inside of it. That's their way of telling you they had plans of changing the rate during the year of 2019 because those monies are withing the 2019 budget. This article is important because they are telling you they are strongly ready to implement this. I have been putting emphasis on Q4...10/1 ...walking into Q4 with a new rate in hand. [post 2 of 2]
7-30-2019 Newshound/Intel Guru Dinar Investor - Jeff [new Guru] Iraq just posted a very good...important... article talking about how they are strongly ready to implement Article 140....Many people are saying that we are not close to the RV because Iraq has not implemented Article 140...that is an incorrect statement...The current constitution only goes to Article 139...the constitution will have to be amended to add Article 140 as well as the HCL to it. [post 1 of 2....stay tuned]
7-30-2019 Newshound Guru Kaperoni An article...stated they will have a 72 trillion dinar deficit. In other words they are building about 70 billion USD extra into the budget that is expected to be funded by foreign investment. In order for this to succeed, they must pass the laws needed, and open the banking system (Article VIII) for this to work. There is no alternative. The next 6 months will be fun to watch... [post 2 of 2]
7-30-2019 Newshound Guru Kaperoni Parliament is in the process of preparing the 2020 budget. Described in the media as "the budget will be different directions next year to represent the government's economic openness to investment and increase financial resources alternative to oil" and "indicating that the budget will create a qualitative boom in the Iraqi economy through drastic changes in public expenditure and investment funds and services." Clearly this is important to the transition to a market economy...As well as they are building the expenditure into the budget for 2020. [post 1 of 2....stay tuned]
7-29-2019 Newshound Guru Kaperoni Article VIII is absolutely necessary to invite investors and capital to Iraq. They will not get much help rebuilding the private sector if they do not do this. Investors want to be able to get their profits out of Iraq and Article VIII is an important step to achieve this.
7-29-2019 Intel Guru MarkZ [Can Iraq go before the rest of the world?] yes- In country...I hear though that because of the Gold Treaty they cannot go international. From Iraq - hearing the street rate will be $3.91 and they expect it to be live this week. The dong I am still expecting a $2 or $2.25...
7-29-2019 Newshound/Intel Guru RVAlready Just like Kuwait, Iraq will deny this is happening until after it happens. Do not expect advance confirmation of anything.
7-29-2019 Newshound Guru Kaperoni The once [one?] restriction appears to be a combination of the CBI requiring participants in the auction to have a bank account, and also the 2% spread. It does say the IMF is monitoring the situation. It does seem to be something that can be resolved fairly quickly if need be and it will be interesting to see what the IMF says in the future on this since the CBI has meet the 2% spread rule for the past 16+ months. [post 2 of 2]
7-29-2019 Newshound Guru Kaperoni There is some confusion about Article XIV and Article VIII. If you go back and look at a few older Article IV Consultations I believe you will find that Iraq has met Article XIV conditions for a while. In order to transition from XIV to VIII you must meet the conditions of the Article prior to moving to it. So in this case the IMF states clearly the CBI has one restriction under Article VIII. Therefore, they need to solve that prior to the IMF giving their blessing for acceptance into Article VIII. [post 1 of 2....stay tuned]
7-29-2019 Newshound Guru EHankins Iraq is article 8... They have practiced it for nearly a year now. there is no fear they just need to speak it into the world...
7-29-2019 Newshound/Intel Guru Frank26 The IMF comes out and kinda suggests that they are Article VIII...they [the CBI and Iraq] have to admit it now. They have to accept the terms of Article VIII and responsibilities of Article VIII...the IMF can not make the announcement...there will be a press conference...from the CBI...
7-29-2019 Intel Guru MarkZ [Can Iraq go before the rest of the world?] yes- In country...I hear though that because of the Gold Treaty they cannot go international. From Iraq - hearing the street rate will be $3.91 and they expect it to be live this week. The dong I am still expecting a $2 or $2.25...
7-29-2019 Newshound/Intel Guru RVAlready Just like Kuwait, Iraq will deny this is happening until after it happens. Do not expect advance confirmation of anything.
7-29-2019 Newshound Guru Kaperoni The once [one?] restriction appears to be a combination of the CBI requiring participants in the auction to have a bank account, and also the 2% spread. It does say the IMF is monitoring the situation. It does seem to be something that can be resolved fairly quickly if need be and it will be interesting to see what the IMF says in the future on this since the CBI has meet the 2% spread rule for the past 16+ months. [post 2 of 2]
7-29-2019 Newshound Guru Kaperoni There is some confusion about Article XIV and Article VIII. If you go back and look at a few older Article IV Consultations I believe you will find that Iraq has met Article XIV conditions for a while. In order to transition from XIV to VIII you must meet the conditions of the Article prior to moving to it. So in this case the IMF states clearly the CBI has one restriction under Article VIII. Therefore, they need to solve that prior to the IMF giving their blessing for acceptance into Article VIII. [post 1 of 2....stay tuned]
7-29-2019 Newshound Guru EHankins Iraq is article 8... They have practiced it for nearly a year now. there is no fear they just need to speak it into the world...
7-29-2019 Newshound/Intel Guru Frank26 The IMF comes out and kinda suggests that they are Article VIII...they [the CBI and Iraq] have to admit it now. They have to accept the terms of Article VIII and responsibilities of Article VIII...the IMF can not make the announcement...there will be a press conference...from the CBI...
7-28-2019 Newshound Guru Whitelions [Reference Guru future post 7-28-2019] ...it has to start now or what they are doing will be for nothing...thats not going to happen...all the work they have put in to where they are now just to stop does that make sense to you?
7-28-2019 Newshound Guru future "Iraq continues to avail itself of the transitional arrangements under Article XIV, Section 2 but no longer maintains any exchange restrictions or multiple currency practices..." ...tells us Iraq restrictions have been removed...its time for the transition to article 8...article 14 is no longer needed...lets hope and pray they are confident enough to make that jump sooner rather than later.
7-28-2019 Newshound Guru Whitelions [Allowi was supposed to be PM, back in the day, about 3 PM's ago...guess USA backed Maliki now Allowi is CBI governor? What a circus! Musical chairs...] ...get your head out of the past...yes the US backed the wrong person but 30 years of dictatorship didnt give us much info on who to pick so we took a chance. Now...too much has changed in a very short time and we have to go with what is going on now and now they are ready. ...they have had so bumps and scraps but they are there now...
7-28-2019 Intel Guru Frank26 IMF SAYS IRAQ IS ARTICLE 8... Dont forget they were taken off the stand by agreement! The IMF said they have their multiple currency practice, no longer under restrictions! This is important! Today the IMF told the world "by the way.."... contractors are going ballistic...WS [Guru Walkingstick] TOLD US THEY WERE DOING THIS FOR SOMETIME THAT THEY WERE ARTICLE 8 COMPLIANT, JUST HAVE NOT TOLD US/THE WORLD FORMALLY...THE 3 ZEROS WERE LIFTED ELECTRONICALLY IN JAN... THE IMF TOLD US, NOW WE NEED IRAQ TO TELL US THEY ACCEPTED THESE AGREEMENTS, TO ADD VALUE... THERE IS NO WAITING PERIOD, JUST HAVE TO DO IT...So how long will we have to wait? There is no waiting period - none…The moment they have the strength, will and desire to do it…they will raise the value of their currency...
7-28-2019 Newshound Guru Kaperoni ...Iraq has been clear of restrictions under Article XIV for some time, but still has one restriction under Article VIII they must overcome before they can officially accept Article VIII.
7-28-2019 Newshound Guru future "Iraq continues to avail itself of the transitional arrangements under Article XIV, Section 2 but no longer maintains any exchange restrictions or multiple currency practices..." ...tells us Iraq restrictions have been removed...its time for the transition to article 8...article 14 is no longer needed...lets hope and pray they are confident enough to make that jump sooner rather than later.
7-28-2019 Newshound Guru Whitelions [Allowi was supposed to be PM, back in the day, about 3 PM's ago...guess USA backed Maliki now Allowi is CBI governor? What a circus! Musical chairs...] ...get your head out of the past...yes the US backed the wrong person but 30 years of dictatorship didnt give us much info on who to pick so we took a chance. Now...too much has changed in a very short time and we have to go with what is going on now and now they are ready. ...they have had so bumps and scraps but they are there now...
7-28-2019 Intel Guru Frank26 IMF SAYS IRAQ IS ARTICLE 8... Dont forget they were taken off the stand by agreement! The IMF said they have their multiple currency practice, no longer under restrictions! This is important! Today the IMF told the world "by the way.."... contractors are going ballistic...WS [Guru Walkingstick] TOLD US THEY WERE DOING THIS FOR SOMETIME THAT THEY WERE ARTICLE 8 COMPLIANT, JUST HAVE NOT TOLD US/THE WORLD FORMALLY...THE 3 ZEROS WERE LIFTED ELECTRONICALLY IN JAN... THE IMF TOLD US, NOW WE NEED IRAQ TO TELL US THEY ACCEPTED THESE AGREEMENTS, TO ADD VALUE... THERE IS NO WAITING PERIOD, JUST HAVE TO DO IT...So how long will we have to wait? There is no waiting period - none…The moment they have the strength, will and desire to do it…they will raise the value of their currency...
7-28-2019 Newshound Guru Kaperoni ...Iraq has been clear of restrictions under Article XIV for some time, but still has one restriction under Article VIII they must overcome before they can officially accept Article VIII.
7-27-2019 Newshound/Intel Guru Mnt Goat So in comes Mutada Sadr who has had enough of this corruption and wants to end it. He then runs an anti-corruption campaign for elections in 2018 and wins. He makes the PM sign agreements to complete a list of the needed reforms. ...These reforms are all about ending the corruption and getting the currency project to delete the zeros done. So far it has been over a year and so what has happened so far? Not much! [post 2 of 2]
7-27-2019 Newshound/Intel Guru Mnt Goat Article: "REVEALED 17 CORRUPTION SUSPICIONS THAT HAVE PLAGUED IRAQ'S CENTRAL BANK OVER THE PAST YEARS" So ending this issue of corruption is not as simple as some...tell you...they say, just RV, and the auctions go away and the corruption ends. Folks it is not that simple then to get the reinstatement (thus eventually a significant rate change we want) when there are billions being stolen. The longer it goes on the longer it will take to stop it. Remember that Dr Shabibi told us in a news media interview after the fact that the CBI had an “unprecedented opportunity” in 2013 to reinstate the dinar and end all this corruption but the corrupt politicians stopped it and reprevented it. This has been the case ever since... [post 1 of 2....stay tuned]
7-27-2019 Intel Guru Delta FROM IMF REPORT: "Iraq continues to avail itself of the transitional arrangements under Article XIV, Section 2 but no longer maintains any exchange restrictions or multiple currency practices subject to Article XIV, Section 2, and currently maintains one multiple currency practice (MCP) subject to Fund approval under Article VIII, Section 3.1" BYE BYE ARTICLE Article XIV ...WELCOME ARTICLE VIII.
7-27-2019 New Newshound Guru Vital Brad Article "The appointment of new governor of the Central Bank and a head of the Financial Control Bureau" Quote "the council decided to recommend to the House of Representatives to appoint [Ali Abdul Amir Allawi] governor of the Central Bank..." On Tuesday they did some voting and Allaq is out of the CBI governor and the new governor actually worked with Dr. Shabibi on the RI plan. So another critical piece has fallen into place. This is some of the best news we've seen in years. If you've been following you understand putting Allawi into place as the governor as much work as he has done with Shabibi in the past is a really big sign that pieces are falling into place and about to happen...
7-27-2019 Newshound/Intel Guru Frank26 ...Turns out the IMF is happy now. They said look you passed the Financial Management Law, go ahead and implement it now. Change your rate. Lift your three zeros. Bring in the new monetary policy. This is very very good...This [IMF] report is exactly what we wanted to see. They didn't tell them you gotta do this. They didn't tell them here's some more money...no Standby [Agreement] by extension...we wanted to share with you what they are slowly releasing...they're transitioning from a 14 to an 8...this is my opinion. Nobody knows the date. Nobody knows the rate...
7-27-2019 Newshound Guru chattels Article: "IMF Executive Board Concludes 2019 Article IV Consultation with Iraq" Nothing we have not heard before in this recent report, IMO. Iraq continues to have substantial shortcomings in various financial arenas. A cautionary tale of real problems and possible betterment. Tune in next year.
7-27-2019 Intel Guru Frank26 IMF / CBI 19th JULY MEETING - This meeting was extremely important...Iraq is about to start the Post Monetary Program. The IMF is extremely pleased with Iraq. Implement the FML now... because the SBA is done.
7-27-2019 Newshound/Intel Guru Mnt Goat Article: "REVEALED 17 CORRUPTION SUSPICIONS THAT HAVE PLAGUED IRAQ'S CENTRAL BANK OVER THE PAST YEARS" So ending this issue of corruption is not as simple as some...tell you...they say, just RV, and the auctions go away and the corruption ends. Folks it is not that simple then to get the reinstatement (thus eventually a significant rate change we want) when there are billions being stolen. The longer it goes on the longer it will take to stop it. Remember that Dr Shabibi told us in a news media interview after the fact that the CBI had an “unprecedented opportunity” in 2013 to reinstate the dinar and end all this corruption but the corrupt politicians stopped it and reprevented it. This has been the case ever since... [post 1 of 2....stay tuned]
7-27-2019 Intel Guru Delta FROM IMF REPORT: "Iraq continues to avail itself of the transitional arrangements under Article XIV, Section 2 but no longer maintains any exchange restrictions or multiple currency practices subject to Article XIV, Section 2, and currently maintains one multiple currency practice (MCP) subject to Fund approval under Article VIII, Section 3.1" BYE BYE ARTICLE Article XIV ...WELCOME ARTICLE VIII.
7-27-2019 New Newshound Guru Vital Brad Article "The appointment of new governor of the Central Bank and a head of the Financial Control Bureau" Quote "the council decided to recommend to the House of Representatives to appoint [Ali Abdul Amir Allawi] governor of the Central Bank..." On Tuesday they did some voting and Allaq is out of the CBI governor and the new governor actually worked with Dr. Shabibi on the RI plan. So another critical piece has fallen into place. This is some of the best news we've seen in years. If you've been following you understand putting Allawi into place as the governor as much work as he has done with Shabibi in the past is a really big sign that pieces are falling into place and about to happen...
7-27-2019 Newshound/Intel Guru Frank26 ...Turns out the IMF is happy now. They said look you passed the Financial Management Law, go ahead and implement it now. Change your rate. Lift your three zeros. Bring in the new monetary policy. This is very very good...This [IMF] report is exactly what we wanted to see. They didn't tell them you gotta do this. They didn't tell them here's some more money...no Standby [Agreement] by extension...we wanted to share with you what they are slowly releasing...they're transitioning from a 14 to an 8...this is my opinion. Nobody knows the date. Nobody knows the rate...
7-27-2019 Newshound Guru chattels Article: "IMF Executive Board Concludes 2019 Article IV Consultation with Iraq" Nothing we have not heard before in this recent report, IMO. Iraq continues to have substantial shortcomings in various financial arenas. A cautionary tale of real problems and possible betterment. Tune in next year.
7-27-2019 Intel Guru Frank26 IMF / CBI 19th JULY MEETING - This meeting was extremely important...Iraq is about to start the Post Monetary Program. The IMF is extremely pleased with Iraq. Implement the FML now... because the SBA is done.
7-26-2019 Newshound/Intel Guru Delta NOT OFFICIAL YET....... PARLIAMENT HAVE TO APPROVE HIM [New CBI Governor] FIRST..... ALAQ IS STILL IN UNTIL THEN...
7-26-2019 Guest Guru Michael Cottrell [via PDK] [People want to know if you feel we are close to the reset and the revaluation?] I hadn’t seen any progress in 15 years…since Trump got into office I have seen a tremendous amount of progress…Right now its like a landslide…its been picking up momentum…yes I think we are right on top of it…
7-26-2019 Intel Guru Eagleone2025 [via PDK] EAGLE ONE HAS BEEN FLYING TIME IS NOW AT HAND TUES. WED. ARE BIG DAYS...NEXT WEEK I AM TOLD ALL THINGS ARE STILL ON TRACK DC. CONTACTS THERE HAS BEEN SOME DISRUPTIONS BUT ALL THINGS ARE STILL GO. MILITARY IS ON HIGH ALERT...
7-26-2019 Intel Guru MarkZ [via PDK] I’m almost afraid to get to excited…but I am cautiously optimistic today... In Iraq - No new rate yet on the streets...spoke with 3 contacts...my contractor friend is working on new rates for employees…they expect the new rate this weekend. ...we should get 800 numbers over the weekend...My redemption center contacts are on call for this weekend and definitely working on Monday. Many people have gotten quiet...They are pushing me too...
7-26-2019 Newshound Guru larrykn I understand the corruption in Iraq but I get to wonder if that will really stop them from moving on. They have always been corrupt but they seem to have manage to have their currency out to the world. The one thing that has change this time around is the fact that they have outside investor coming in. This IMO is the game changer and is why they are trying to get a handle on the corruption in Iraq. If they do I see a bright future for them if they don't. We will be sitting here. No one will want to invest in a country that they wouldn't know if their money is safe or not and they can get it out. We will see.
7-26-2019 Intel Guru Bruce [via PinkRoses] ...I believe everything is ready to go from what I heard this afternoon, but I know there has been clean up since Tuesday night and taken care of... Now, I do believe we are very close. Like I said, we thought we would go today [Thursday]. It did not happen... I am hearing the idea of numbers tomorrow [Friday], set appointments and starting Saturday. Do not write off the possibility of something happening tomorrow [Friday] afternoon or tomorrow evening as a Go Time or start...I think from an overall security point of view we are in pretty good shape. ...Now, rates are something we just can’t say now what they are. We just do not know...I am hoping tomorrow [Friday] is a wonderful opportunity for us. At least that is what we are hearing.
7-26-2019 Guest Guru Michael Cottrell [via PDK] [People want to know if you feel we are close to the reset and the revaluation?] I hadn’t seen any progress in 15 years…since Trump got into office I have seen a tremendous amount of progress…Right now its like a landslide…its been picking up momentum…yes I think we are right on top of it…
7-26-2019 Intel Guru Eagleone2025 [via PDK] EAGLE ONE HAS BEEN FLYING TIME IS NOW AT HAND TUES. WED. ARE BIG DAYS...NEXT WEEK I AM TOLD ALL THINGS ARE STILL ON TRACK DC. CONTACTS THERE HAS BEEN SOME DISRUPTIONS BUT ALL THINGS ARE STILL GO. MILITARY IS ON HIGH ALERT...
7-26-2019 Intel Guru MarkZ [via PDK] I’m almost afraid to get to excited…but I am cautiously optimistic today... In Iraq - No new rate yet on the streets...spoke with 3 contacts...my contractor friend is working on new rates for employees…they expect the new rate this weekend. ...we should get 800 numbers over the weekend...My redemption center contacts are on call for this weekend and definitely working on Monday. Many people have gotten quiet...They are pushing me too...
7-26-2019 Newshound Guru larrykn I understand the corruption in Iraq but I get to wonder if that will really stop them from moving on. They have always been corrupt but they seem to have manage to have their currency out to the world. The one thing that has change this time around is the fact that they have outside investor coming in. This IMO is the game changer and is why they are trying to get a handle on the corruption in Iraq. If they do I see a bright future for them if they don't. We will be sitting here. No one will want to invest in a country that they wouldn't know if their money is safe or not and they can get it out. We will see.
7-26-2019 Intel Guru Bruce [via PinkRoses] ...I believe everything is ready to go from what I heard this afternoon, but I know there has been clean up since Tuesday night and taken care of... Now, I do believe we are very close. Like I said, we thought we would go today [Thursday]. It did not happen... I am hearing the idea of numbers tomorrow [Friday], set appointments and starting Saturday. Do not write off the possibility of something happening tomorrow [Friday] afternoon or tomorrow evening as a Go Time or start...I think from an overall security point of view we are in pretty good shape. ...Now, rates are something we just can’t say now what they are. We just do not know...I am hoping tomorrow [Friday] is a wonderful opportunity for us. At least that is what we are hearing.
7-25-2019 Newshound/Intel Guru Mnt Goat The FACT is that parliament is NOT going to let the CBI run itself and function totally independent with all the corruption going on within it. This is a simple FACT...They already passed the “Financial Management Law” and within it makes them able to monitor and tell the CBI what to do. One aspect is first to get rid of the proxy positions within. This is now happening. Then they need to work on ending these currency auctions in a matter of however they do it.
7-25-2019 Intel Guru Delta [Do we need to see the new CBI Governor votes in before the RI?] NO...ALAQ STILL IN CHARGE FOR NOW...
7-25-2019 Intel Guru MarkZ [via PDK] July 25th...would be a great day for an exchange - don’t ya think? I hear a lot of Intel Providers were asked to be quiet this week…I have been under pressure to be quiet… ...We may actually be at the end of our journey...With all the chatter today well may be 800 number day…It very well could be a daytime event today. I really think this weekend is in play ...We have been on edge a long time...but today…I think is a day we should be alert and on edge...I am very excited about what is happening today...
7-25-2019 Newshound Guru Kaperoni This is not speculation. If you go back and look at the last Article IV consultation which might have been in 2016 or 17 they specifically said in there that they should accept article VIII to send a message to the world that Iraq's banking system is open for business...Of course the dinar wasn't in compliance then so they couldn't. The step holding them back was the ability to sustain and manage the currency for 90 days or more and its been 16 17 months now. They have met the criteria. They just need to write the letter...If they want the money and they want the investment. And they want to rebuild they gotta put on the boots and jump across the pond... [Post 2 of 2]
7-25-2019 Newshound Guru Kaperoni [Question: Does the IMF have to invite Iraq into Article VIII or has the invitation been out there since the IMF has been working with Iraq?] ...They are not necessarily "invited" but they are in Article XIV...a developmental put your procedures in place and prove your abilities to manage money and to manage monetary policy. It's at a lesser level than Article VIII...There's no specific time frame but...they're supposed to be 'constantly striving to move into Article VIII'. And they're not going to get the benefits of Article VIII until they do. If they remain in Article XIV the banking system remains closed because it's a risky venture to engage with their banking system. [Post 1 of 2]
7-25-2019 Newshound/Intel Guru Mnt Goat Article: "IRAQ: SIGNING OF A NEW AGREEMENT WITH THE US STOCK EXCHANGE ON THE TECHNOLOGY OF TRADING AND DEPOSIT SECURITIES" If they were not going to relist (reinstate) the Iraqi dinar on FOREX then why ...would they be getting all this Nasdaq technology synced up? Trading the ISX on Nasdaq can not happen without the reinstatement of the dinar on FOREX first. Get it? This is a FACT not my opinion. The placeholder for the IQD is already established on FOREX and we are waiting for the rate to pop in.
7-25-2019 Intel Guru Delta [Do we need to see the new CBI Governor votes in before the RI?] NO...ALAQ STILL IN CHARGE FOR NOW...
7-25-2019 Intel Guru MarkZ [via PDK] July 25th...would be a great day for an exchange - don’t ya think? I hear a lot of Intel Providers were asked to be quiet this week…I have been under pressure to be quiet… ...We may actually be at the end of our journey...With all the chatter today well may be 800 number day…It very well could be a daytime event today. I really think this weekend is in play ...We have been on edge a long time...but today…I think is a day we should be alert and on edge...I am very excited about what is happening today...
7-25-2019 Newshound Guru Kaperoni This is not speculation. If you go back and look at the last Article IV consultation which might have been in 2016 or 17 they specifically said in there that they should accept article VIII to send a message to the world that Iraq's banking system is open for business...Of course the dinar wasn't in compliance then so they couldn't. The step holding them back was the ability to sustain and manage the currency for 90 days or more and its been 16 17 months now. They have met the criteria. They just need to write the letter...If they want the money and they want the investment. And they want to rebuild they gotta put on the boots and jump across the pond... [Post 2 of 2]
7-25-2019 Newshound Guru Kaperoni [Question: Does the IMF have to invite Iraq into Article VIII or has the invitation been out there since the IMF has been working with Iraq?] ...They are not necessarily "invited" but they are in Article XIV...a developmental put your procedures in place and prove your abilities to manage money and to manage monetary policy. It's at a lesser level than Article VIII...There's no specific time frame but...they're supposed to be 'constantly striving to move into Article VIII'. And they're not going to get the benefits of Article VIII until they do. If they remain in Article XIV the banking system remains closed because it's a risky venture to engage with their banking system. [Post 1 of 2]
7-25-2019 Newshound/Intel Guru Mnt Goat Article: "IRAQ: SIGNING OF A NEW AGREEMENT WITH THE US STOCK EXCHANGE ON THE TECHNOLOGY OF TRADING AND DEPOSIT SECURITIES" If they were not going to relist (reinstate) the Iraqi dinar on FOREX then why ...would they be getting all this Nasdaq technology synced up? Trading the ISX on Nasdaq can not happen without the reinstatement of the dinar on FOREX first. Get it? This is a FACT not my opinion. The placeholder for the IQD is already established on FOREX and we are waiting for the rate to pop in.
7-24-2019 Newshound Guru Kaperoni The rate has not moved...its pegged to the dollar. Monitoring any kind of Forex or other service is a waste of time because it's just reflecting the dollar strengthening or weakening...the only official site for the dinar is CBI. IQ. The Official Rate of the Iraqi dinar is 1190 and as I stated it is pegged. The Market Rate or Street Rate is the rate that the dinar is sold in Iraq which is currently around 1205 within the IMF 2% compliance... [Note: You can always see the CBI's latest reported official rate and market rate for the dinar on the left side of this page.]
7-24-2019 Newshound Guru Adam Montana Iraq is currently in the final stages of preparation to return to their previous status in the world. They are not a country that has been in poverty for centuries...they are barely over a decade into their current situation. They have had a short setback in their financial situation, but at their core they are a rich country and this is not a huge mental shift for them to return to prosperity. The budget, in my opinion, is not something that will hold them back. A few strokes of the pen and some clicks of a mouse and the Budget is adjusted... [post 2 of 2]
7-24-2019 Newshound Guru Adam Montana Iraq is currently operating on a budget fit for a pauper, even through by rights Iraq should be one of the wealthiest nations in the world. Iraq has, in the past, operated on budgets and status befitting their actual situation - that situation being one of the wealthiest nations in the world... The People who hold physical Dinar simply benefit by the increase in value, just like we will. A new printed currency comes out within weeks or even days of the rate change, and we're all aware that the new notes are ready to be printed, if not already printed and being held for distribution. [post 1 of 2....stay tuned]
7-24-2019 Intel Guru MarkZ [via PDK] Folks in Zurich are expecting appointments at 4 pm today. My guys in Asia did not get to exchange yet…I spoke to contacts in Hong Kong, Sinapore and China...they are also waiting. My guys at the redemption center are just sitting there twiddling their thumbs…I still believe the hold up is our US treasury…I could be wrong but that is what I believe. I have very good sources in Iraq and in the military and they both say it could happen at any time between now and Mid-August. They are very confident. They must have some intel they have seen that they cannot share with me just yet. Many intel people say this is the week…by Friday…by the 26th.
7-24-2019 Intel Guru Bruce This is only my theory. I believe that some of this flashing of the Dinar is absolutely manipulated. It is not Iraq is not ready. They have been ready. We haven’t been ready for them to go live. The US and in some cases some of the countries aren’t really ready. Now, I think everything is about ready now. My theory is that the Dinar flashing will stop, and the rate will be live and fluctuating when everything else is ready for this to go. ...So, the point is even though the rates are still flashing on the Iraqi Dinar, that could change in an instant. Redemption Center Staff...were on 24 hour call this afternoon [Tuesday]. So, that tells me that they know it is imminent. They know it can go at any moment... [post 2 of 2]
7-24-2019 Intel Guru Bruce What is interesting about Iraq is that the rate would be flashing which means it is not tradable...Then all of a sudden it would not be flashing and we would have fluctuation of the rate...It would come up for 2, 4, or 6 hours and then it would come back to flashing... I am sure they were fluctuating and being traded upward, and they want them to be traded towards the higher end where the Dinar supposed to start. ...We know that the Dinar because it is gold back, it has a good value, and it will have a good value... [post 1 of 2....stay tuned]
7-24-2019 Newshound Guru Kaperoni ...I think it's funny nobody ever knew what Article VIII was until me and [Guru] Enorrste started talking about this seven or eight years ago...What Article VIII is an international standard that the IMF has created...All the central banks around the world try to achieve that level and the way it's worded...'they should constantly be striving to move to Article VIII'. You don't want to sit in Article XIV...
7-24-2019 Newshound/Intel Guru Mnt Goat [reference Mnt Goat post 7-23-2019] This re-rating process has occurred already since 2012 over and over again when the new system was initiated. It should be obvious to everyone that there were still errors/bugs in the algorithms back then that needed fixing. Also another problems was how to represent the Contractor rates separate from the market rates. This too is now all fixed. The rates change because they re-run the application from time to time, just as they will do when it all goes live someday. So right now, it is still in a “BETA Test” mode. They are still flushing out bugs but it is now very stable. [post 1 of 2....stay tuned]
7-24-2019 Newshound Guru Adam Montana Iraq is currently in the final stages of preparation to return to their previous status in the world. They are not a country that has been in poverty for centuries...they are barely over a decade into their current situation. They have had a short setback in their financial situation, but at their core they are a rich country and this is not a huge mental shift for them to return to prosperity. The budget, in my opinion, is not something that will hold them back. A few strokes of the pen and some clicks of a mouse and the Budget is adjusted... [post 2 of 2]
7-24-2019 Newshound Guru Adam Montana Iraq is currently operating on a budget fit for a pauper, even through by rights Iraq should be one of the wealthiest nations in the world. Iraq has, in the past, operated on budgets and status befitting their actual situation - that situation being one of the wealthiest nations in the world... The People who hold physical Dinar simply benefit by the increase in value, just like we will. A new printed currency comes out within weeks or even days of the rate change, and we're all aware that the new notes are ready to be printed, if not already printed and being held for distribution. [post 1 of 2....stay tuned]
7-24-2019 Intel Guru MarkZ [via PDK] Folks in Zurich are expecting appointments at 4 pm today. My guys in Asia did not get to exchange yet…I spoke to contacts in Hong Kong, Sinapore and China...they are also waiting. My guys at the redemption center are just sitting there twiddling their thumbs…I still believe the hold up is our US treasury…I could be wrong but that is what I believe. I have very good sources in Iraq and in the military and they both say it could happen at any time between now and Mid-August. They are very confident. They must have some intel they have seen that they cannot share with me just yet. Many intel people say this is the week…by Friday…by the 26th.
7-24-2019 Intel Guru Bruce This is only my theory. I believe that some of this flashing of the Dinar is absolutely manipulated. It is not Iraq is not ready. They have been ready. We haven’t been ready for them to go live. The US and in some cases some of the countries aren’t really ready. Now, I think everything is about ready now. My theory is that the Dinar flashing will stop, and the rate will be live and fluctuating when everything else is ready for this to go. ...So, the point is even though the rates are still flashing on the Iraqi Dinar, that could change in an instant. Redemption Center Staff...were on 24 hour call this afternoon [Tuesday]. So, that tells me that they know it is imminent. They know it can go at any moment... [post 2 of 2]
7-24-2019 Intel Guru Bruce What is interesting about Iraq is that the rate would be flashing which means it is not tradable...Then all of a sudden it would not be flashing and we would have fluctuation of the rate...It would come up for 2, 4, or 6 hours and then it would come back to flashing... I am sure they were fluctuating and being traded upward, and they want them to be traded towards the higher end where the Dinar supposed to start. ...We know that the Dinar because it is gold back, it has a good value, and it will have a good value... [post 1 of 2....stay tuned]
7-24-2019 Newshound Guru Kaperoni ...I think it's funny nobody ever knew what Article VIII was until me and [Guru] Enorrste started talking about this seven or eight years ago...What Article VIII is an international standard that the IMF has created...All the central banks around the world try to achieve that level and the way it's worded...'they should constantly be striving to move to Article VIII'. You don't want to sit in Article XIV...
7-24-2019 Newshound/Intel Guru Mnt Goat [reference Mnt Goat post 7-23-2019] This re-rating process has occurred already since 2012 over and over again when the new system was initiated. It should be obvious to everyone that there were still errors/bugs in the algorithms back then that needed fixing. Also another problems was how to represent the Contractor rates separate from the market rates. This too is now all fixed. The rates change because they re-run the application from time to time, just as they will do when it all goes live someday. So right now, it is still in a “BETA Test” mode. They are still flushing out bugs but it is now very stable. [post 1 of 2....stay tuned]
7-23-2019 Intel/Newshound Guru sandyf For all the talk of economic growth and currency value, I find it very sobering that one(1) Chinese Yuan equals 0.15 United States Dollar. You should bear in mind a rate on its own does not mean a great deal. Denmark is about the same value as China and Norway/Sweden somewhat less. The Saudi Riyal is about 26 cents yet the Kuwait Dinar is 3.28 dollars.
7-23-2019 Newshound/Intel Guru Mnt Goat What will the actual rate be then when it goes live? The rate will be the rate at the time they trigger the reinstatement. It is as simple as that. They will simply run the algorithms again and the system will determine the new rate. This rate will be brought forward to FOREX and the rates at the bank will come LIVE. So the rate will be whatever the system happens to generate at that time. [post 2 of 2]
7-23-2019 Newshound/Intel Guru Mnt Goat From everything I know and have been told as FACTUAL this...The de-facto peg will go away. The currency auctions as we know them today will end. The dinar will then be pegged to an IMF SDR basket of currencies and be rated based on the values of these five currencies along with the assets of Iraq. This process is already underway today and has been ongoing since 2012. So this is FACT not OPINION! ...Then this new rate ($3.00 - $4.00+) will be reinstated on FOREX for trading. We are already seeing the new rate coming up on bank screens under HOLD subject to becoming LIVE. The rate has fluctuated anywhere from $3.20 upwards to $4.25. So again this process is already underway. [post 1 of 2....stay tuned]
7-23-2019 Intel Guru MarkZ [via PDK] We are hearing from Asia they are pulling people in and preparing for it to go. Military sources and Iraqi sources say its anytime between now and mid August...they feel this is it now and is going to be finished this time. I personally do not think we will be waiting 3 more weeks...not with all the positive chatter from everyone involved. [So they are being KAWAITED !! They did that then...and when they said that they released the RV the next day!!] Yes when Kuwait was revalued…they took out a big ad saying they were not going to RV…then they did it that afternoon...big fake out. My Iraqi contractor friend is excited as he has been asked to compute new rates for his employees. They think the new rate is very close. At redemption centers they are working today and have been asked to cancel their vacations for the near future...this is good news for us.
7-23-2019 Newshound Guru Kaperoni ...This [International Monetary Fund] article IV consultation that took place just a couple of months ago is being created now and printed. My understanding is it said July in the press release. This is a significant item for us to review because what is it going to say? Is it going to encourage them to move to Article VIII and open up for business? Or is it going to say something we don't want to read? We won't know until we read it. You wouldn't have all these activities happening in Iraq if the financial system needed the brakes to be put on...We said a year and a half ago they are never going to go into Article VIII until they are in 2% compliance...nothing ever happened because they weren't in compliance...[They are now in compliance]...
7-23-2019 Newshound/Intel Guru Mnt Goat What will the actual rate be then when it goes live? The rate will be the rate at the time they trigger the reinstatement. It is as simple as that. They will simply run the algorithms again and the system will determine the new rate. This rate will be brought forward to FOREX and the rates at the bank will come LIVE. So the rate will be whatever the system happens to generate at that time. [post 2 of 2]
7-23-2019 Newshound/Intel Guru Mnt Goat From everything I know and have been told as FACTUAL this...The de-facto peg will go away. The currency auctions as we know them today will end. The dinar will then be pegged to an IMF SDR basket of currencies and be rated based on the values of these five currencies along with the assets of Iraq. This process is already underway today and has been ongoing since 2012. So this is FACT not OPINION! ...Then this new rate ($3.00 - $4.00+) will be reinstated on FOREX for trading. We are already seeing the new rate coming up on bank screens under HOLD subject to becoming LIVE. The rate has fluctuated anywhere from $3.20 upwards to $4.25. So again this process is already underway. [post 1 of 2....stay tuned]
7-23-2019 Intel Guru MarkZ [via PDK] We are hearing from Asia they are pulling people in and preparing for it to go. Military sources and Iraqi sources say its anytime between now and mid August...they feel this is it now and is going to be finished this time. I personally do not think we will be waiting 3 more weeks...not with all the positive chatter from everyone involved. [So they are being KAWAITED !! They did that then...and when they said that they released the RV the next day!!] Yes when Kuwait was revalued…they took out a big ad saying they were not going to RV…then they did it that afternoon...big fake out. My Iraqi contractor friend is excited as he has been asked to compute new rates for his employees. They think the new rate is very close. At redemption centers they are working today and have been asked to cancel their vacations for the near future...this is good news for us.
7-23-2019 Newshound Guru Kaperoni ...This [International Monetary Fund] article IV consultation that took place just a couple of months ago is being created now and printed. My understanding is it said July in the press release. This is a significant item for us to review because what is it going to say? Is it going to encourage them to move to Article VIII and open up for business? Or is it going to say something we don't want to read? We won't know until we read it. You wouldn't have all these activities happening in Iraq if the financial system needed the brakes to be put on...We said a year and a half ago they are never going to go into Article VIII until they are in 2% compliance...nothing ever happened because they weren't in compliance...[They are now in compliance]...
7-22-2019 Intel Guru RayRen98 We have been waiting to get some updates about the banking situation. I was told the 800# could come at any minute last night. Everyone is in position. I will let you know if I get the update...
7-22-2019 Intel/Newshound Guru sandyf ...no chatter on that imf consultation that happened the other day...The Art 4 consultation was held in May and the report has to be approved by the board before being published. It is due to be published in July but not as yet. Rest assured that when it is published there will be significant chatter.
7-22-2019 Newshound Guru Enorrste Question: ...do you think this float may cause a meteoric rise in the value...it's going to skyrocket in value quickly...? ...The CBI has very cautiously moved step-by-step to get every single thing they can think of in place. When they pull that trigger they are going to have controls just like they've put controls for the last three or four years. They are going to have controls that will allow them to control the rise of the float. What they don't want is meteoric. It will be too scary for them. They have to control it...I do think it's going to go quickly. I think within 3 years we'll see $3.00. That's my own personal opinion...but I do think they're not stupid and if it starts to be crazy they are to put a ratchet in there...
7-22-2019 Intel Guru Markz Little or no news today……people have gotten very quiet…scary quiet…Dead quiet……I think quiet could be good. The folks in Zurich are still being told that funding is tomorrow. One is a historic bond and the other was a currency exchange …so that still looks like it’s a “go”. No new rate in Iraq yet…We are still hearing exchanges start tomorrow so we should see something today. Question: Any news on whether Trump signed the RV paperwork yet? I heard Trump received the paperwork this weekend…..i do not know if it was signed or not…..wish I did …like I said everyone I talk to has gotten very quiet…but he supposedly has it in his possession as of this weekend...
7-22-2019 Newshound Guru Kaperoni Question: ...We would get people who would ask us about cashing out and what the next stage is and what should we do? We don't speculate on that...but what I can tell you is we are not going to abandon ship when and if the dinar starts to go up in value and a mechanism is in place for people to cash out or deposit their dinars into an account...it will occur and be news to all of us and we'll all learn together. You're not going to have to get up at 6am and go stand in line at a bank. It's not gonna happen like that. We'll all learn together. Just like in the past when we talked about this investment we'll present whatever information that comes forward...
7-22-2019 Intel/Newshound Guru sandyf ...no chatter on that imf consultation that happened the other day...The Art 4 consultation was held in May and the report has to be approved by the board before being published. It is due to be published in July but not as yet. Rest assured that when it is published there will be significant chatter.
7-22-2019 Newshound Guru Enorrste Question: ...do you think this float may cause a meteoric rise in the value...it's going to skyrocket in value quickly...? ...The CBI has very cautiously moved step-by-step to get every single thing they can think of in place. When they pull that trigger they are going to have controls just like they've put controls for the last three or four years. They are going to have controls that will allow them to control the rise of the float. What they don't want is meteoric. It will be too scary for them. They have to control it...I do think it's going to go quickly. I think within 3 years we'll see $3.00. That's my own personal opinion...but I do think they're not stupid and if it starts to be crazy they are to put a ratchet in there...
7-22-2019 Intel Guru Markz Little or no news today……people have gotten very quiet…scary quiet…Dead quiet……I think quiet could be good. The folks in Zurich are still being told that funding is tomorrow. One is a historic bond and the other was a currency exchange …so that still looks like it’s a “go”. No new rate in Iraq yet…We are still hearing exchanges start tomorrow so we should see something today. Question: Any news on whether Trump signed the RV paperwork yet? I heard Trump received the paperwork this weekend…..i do not know if it was signed or not…..wish I did …like I said everyone I talk to has gotten very quiet…but he supposedly has it in his possession as of this weekend...
7-22-2019 Newshound Guru Kaperoni Question: ...We would get people who would ask us about cashing out and what the next stage is and what should we do? We don't speculate on that...but what I can tell you is we are not going to abandon ship when and if the dinar starts to go up in value and a mechanism is in place for people to cash out or deposit their dinars into an account...it will occur and be news to all of us and we'll all learn together. You're not going to have to get up at 6am and go stand in line at a bank. It's not gonna happen like that. We'll all learn together. Just like in the past when we talked about this investment we'll present whatever information that comes forward...
7-21-2019 Newshound Guru Larrykn Lots of news out there lately and I'm not one to do any type of predicting and won't but I think the news coming out of the CBI is good for us, sooner or later Iraq will have to do something and when they do we will be real happy . Until then we wait and see. Some people say not this year and they might be right but then I feel Iraq is behind the steering wheel and will control when all this takes place, [Guru] Kap posted about Iraq GDP being over 8 % next year , wow that is impressive if they do it. But I wouldn't sell the house of that until we see what they really do. Time will tell.
7-21-2019 Newshound Guru Enorrste ...It's like what happened in China when we allowed them into the WTO. They went up to 12% growth. That's how China became a threat to us. We made that happen. Anyway, if they [Iraq] go to that point the pressure on the dinar's value which is currently fixed would be enormous and they would be foolish not to let it float to reduce the inflationary pressure...there is no direct connection between 8.1% and how much money we're going to make. But I can say this, if they go to a float and if they get to 8.1% you're going to make a lot of money. A lot of money. That's all I can say. [Post 2 of 2]
7-21-2019 Newshound Guru Enorrste Question: 8.1% - would that translate to very much inflationary pressure? There is no direct connection between the rate of growth of the GDP in Iraq and the value of the dinar. The dinar is currently fixed in value. If however the Gross Domestic Product of Iraq triples next year from the current 3% or whatever it is to 8.1% that is enormous economic growth. Take America, Under Obama we never got above 2%. Trump got us to 3.3% and we have the hugest economy in the world in two years...and it's only 3.3% so if Iraq goes from 3% to 8% in 7 to 10 months or all of next year which is 18 months that is truly phenomenal growth... [Post 1 of 2] {Reference Guru Kaperoni's "SAP - 8.1% GDP" post on 7-20-2019}
7-21-2019 Newshound Guru Kaperoni Generally speaking...they [The CBI/Iraq} want price discovery. They want the world to set the [dinar] rate. What they're saying is 'We are not going to change the value of our currency until investors come in and say they want to help us.' That's really what they're doing. Guru Enorrste - That's very well stated. Of course the investors are saying exactly the opposite. 'We are not going to invest until you show us you have an open currency.' So it's a catch 22. Eventually they'll do it. They're playing chicken...
7-21-2019 Newshound Guru Enorrste ...It's like what happened in China when we allowed them into the WTO. They went up to 12% growth. That's how China became a threat to us. We made that happen. Anyway, if they [Iraq] go to that point the pressure on the dinar's value which is currently fixed would be enormous and they would be foolish not to let it float to reduce the inflationary pressure...there is no direct connection between 8.1% and how much money we're going to make. But I can say this, if they go to a float and if they get to 8.1% you're going to make a lot of money. A lot of money. That's all I can say. [Post 2 of 2]
7-21-2019 Newshound Guru Enorrste Question: 8.1% - would that translate to very much inflationary pressure? There is no direct connection between the rate of growth of the GDP in Iraq and the value of the dinar. The dinar is currently fixed in value. If however the Gross Domestic Product of Iraq triples next year from the current 3% or whatever it is to 8.1% that is enormous economic growth. Take America, Under Obama we never got above 2%. Trump got us to 3.3% and we have the hugest economy in the world in two years...and it's only 3.3% so if Iraq goes from 3% to 8% in 7 to 10 months or all of next year which is 18 months that is truly phenomenal growth... [Post 1 of 2] {Reference Guru Kaperoni's "SAP - 8.1% GDP" post on 7-20-2019}
7-21-2019 Newshound Guru Kaperoni Generally speaking...they [The CBI/Iraq} want price discovery. They want the world to set the [dinar] rate. What they're saying is 'We are not going to change the value of our currency until investors come in and say they want to help us.' That's really what they're doing. Guru Enorrste - That's very well stated. Of course the investors are saying exactly the opposite. 'We are not going to invest until you show us you have an open currency.' So it's a catch 22. Eventually they'll do it. They're playing chicken...
7-20-2019 Newshound Guru Kaperoni A company called SAP announced a few weeks ago that they are...opening an office in Baghdad. One of the things they say in the article is "the real GDP growth in Iraq is expected to double by about 3 times to 8.1% in 2020."... right now I think it's at 2 point something. This company SAP who has come in with an investment strategy they believe the GDP in Iraq is going to 8.1%...If anyone thinks this is going to drag out another year, a year and a half, two years I think they're kidding themselves...we're talking in the next 7 to 12 months they expect the GDP to raise that high.
7-20-2019 Intel Guru Markz Do you have an idea of what the Dong will be at? Mostly what we have are rumors of what it will be revalued at. If we look at the value at when they first devalued it and adjust for basic inflation we'd be in the two dollar range. I've heard anything from $.47 to 2 something and there's one person out there claiming the contract rate is $6 which makes absolutely no sense to me just based on the economics of it. Me personally I think the low two's is realistic and where I personally think it will wind up. But that is my opinion and my thought.
7-20-2019 Newshound Guru Adam Montana Iraq needs HCL (oil law) to really kick things into high gear. The oil law is many things, but of extreme importance is it’s scope regarding Kurdish relations with Baghdad inside the country. Article quote: “This agenda has been developed in accordance with the political agreements between all parties which compose the new cabinet of the KRG…” That’s excellent stuff regarding the HCL…
7-20-2019 Newshound Guru Enorrste [Article: The Liberalization of prices is the most important implication in the market economy...]. I can't help but believe that means floating the currency. You can't liberalize the price without changing the value...I don't know why he didn't say float the currency but he called it liberalization of prices. Sounds like a float to me...wow.
7-20-2019 Newshound Guru Kaperoni Anyone who says nothing is happening in Iraq or there's no progress is really missing the boat because these types of things that may not be effecting us yet are major accomplishments. Remember post war Iraq was literally off the map. They had to rebuild everything from the ground up and to talk about a financial system now that's engaging and preparing the financial system, inter-banking, markets, the electronic banking, ATMs and all that...they're going from the Stone Age...
7-20-2019 Newshound Guru G-Lin [Does Iran have any or a negative impact on our investment?] ...yes it has an impact...The U.S./Iran situation is very serious and is escalating daily. Instability, instability, instability. I'm anxious to see the Art. IV statement from IMF. It is suppose to come out today...that review will be interesting. Iraq continues to look stronger and stronger economically, however, the M.E. tension is worrisome...
7-20-2019 Intel Guru Markz Do you have an idea of what the Dong will be at? Mostly what we have are rumors of what it will be revalued at. If we look at the value at when they first devalued it and adjust for basic inflation we'd be in the two dollar range. I've heard anything from $.47 to 2 something and there's one person out there claiming the contract rate is $6 which makes absolutely no sense to me just based on the economics of it. Me personally I think the low two's is realistic and where I personally think it will wind up. But that is my opinion and my thought.
7-20-2019 Newshound Guru Adam Montana Iraq needs HCL (oil law) to really kick things into high gear. The oil law is many things, but of extreme importance is it’s scope regarding Kurdish relations with Baghdad inside the country. Article quote: “This agenda has been developed in accordance with the political agreements between all parties which compose the new cabinet of the KRG…” That’s excellent stuff regarding the HCL…
7-20-2019 Newshound Guru Enorrste [Article: The Liberalization of prices is the most important implication in the market economy...]. I can't help but believe that means floating the currency. You can't liberalize the price without changing the value...I don't know why he didn't say float the currency but he called it liberalization of prices. Sounds like a float to me...wow.
7-20-2019 Newshound Guru Kaperoni Anyone who says nothing is happening in Iraq or there's no progress is really missing the boat because these types of things that may not be effecting us yet are major accomplishments. Remember post war Iraq was literally off the map. They had to rebuild everything from the ground up and to talk about a financial system now that's engaging and preparing the financial system, inter-banking, markets, the electronic banking, ATMs and all that...they're going from the Stone Age...
7-20-2019 Newshound Guru G-Lin [Does Iran have any or a negative impact on our investment?] ...yes it has an impact...The U.S./Iran situation is very serious and is escalating daily. Instability, instability, instability. I'm anxious to see the Art. IV statement from IMF. It is suppose to come out today...that review will be interesting. Iraq continues to look stronger and stronger economically, however, the M.E. tension is worrisome...
7-19-2019 Newshound Guru Kaperoni ...we're starting to see a lot of movement with the Iraqi government to encourage investment and to start bringing capital into the country and to start to move this wheel forward...And that's what's going to cause the CBI to get off the peg because they don't want to be last to the party. They want to be ready for when all that capital comes in because that is what's going to cause pressure on the financial system.
7-19-2019 Intel Guru Eagleone2025 I BEEN TOLD CODES ARE BEING ENTERED THIS WEEKEND... SEVERAL SOURCES IN DC. HAVE SAID WE WILL BE IN BANKS THIS WEEK STARTING AROUND MON.- TUES. MY THOUGHT IS LETS WAIT AND SEE...ONLY TRUMP KNOWS...I HAVE HEARD THEY WILL WRAP THIS UP BEFORE THE END OF JULY.
7-19-2019 Newshound Guru Enorrste ...they will change the exchange regime to a float and move to article VIII at the same time. I can't imagine why they wouldn't do it at the same time...they're banging their drums that they are ready. There's got to be some critical point, a certain amount of money they want to see come into the country. They are going to have to make that switch because otherwise they're going to create too much inflationary pressure.
7-19-2019 Intel Guru MarkZ There is no new rate in Iraq as of yet. ...My guys attended a meeting this morning and are not at work today at the RC’s [Redemption Centers]…and they have not been told to be at work this weekend... sorry, but that is why I don’t believe we will be exchanging this weekend. Could they pull the trigger and let us make our appointments this weekend? Absolutely they could to start exchanges next week...in my opinion we are at the very end of this…
7-19-2019 Newshound Guru Kaperoni There's been indications in the IMF's own reports, in what's called their article IV consultations...there's been comments from the IMF...where they've told them [Iraq] to liberalize their foreign exchange, to move to article VIII. There's been statements in those Article IV consultations that have been very encouraging regarding our investment leading us down the path of what we're looking for...freedom of movement of capital...'moving to article VIII will send a strong message to the global investment community that Iraq is open for business.' So there is no confusion there...they have to move to Article VIII...if they want to convince the world 'hey, we're ready. Come and invest.' So article VIII isn't a dream we're hoping for, it's a step in the process and we're just on the cusp I think of that occurring...
7-19-2019 Intel Guru Bruce I am hearing some very good things. First of all Iraq was supposed to put their new rate in Gazette. We heard that a million times. However, they have not released it. It is probably in there...and we are trying to verify the new rate for the Dinar is on the screens tonight [Thursday] because we know that brand new currency codes were entered late this afternoon, this evening so that all of the rates could be brought up as new and all locked in. ...when it comes to the release of the toll-free number my understanding is as of now is they are...in position to be released. ...I just think...obviously we are close. We are hearing great things of rates showing up, new rates codes being entered, and we should be getting started here very soon...
7-19-2019 Newshound/Intel Guru Mnt Goat The CBI has told us that when they are getting ready to move ahead again with the “project to delete the zeros” they will tell us. They have not yet done so. They are not hiding anything or trying to give us “smoke screens” to prevent us from knowing when.
7-19-2019 Newshound Guru MilitiaMan "Finance Committee in the House of Representatives: a surplus of funds due to high oil prices" ...That money is for the citizens imo per the constitution. It was reported that 2018 had one too. They would have told the IMF back on the 04/10/2019 by law...imo...So if they are going to distribute the fair share to the citizens that is to be in the coming days. As in a few...lol Looking good...
7-19-2019 Intel Guru Eagleone2025 I BEEN TOLD CODES ARE BEING ENTERED THIS WEEKEND... SEVERAL SOURCES IN DC. HAVE SAID WE WILL BE IN BANKS THIS WEEK STARTING AROUND MON.- TUES. MY THOUGHT IS LETS WAIT AND SEE...ONLY TRUMP KNOWS...I HAVE HEARD THEY WILL WRAP THIS UP BEFORE THE END OF JULY.
7-19-2019 Newshound Guru Enorrste ...they will change the exchange regime to a float and move to article VIII at the same time. I can't imagine why they wouldn't do it at the same time...they're banging their drums that they are ready. There's got to be some critical point, a certain amount of money they want to see come into the country. They are going to have to make that switch because otherwise they're going to create too much inflationary pressure.
7-19-2019 Intel Guru MarkZ There is no new rate in Iraq as of yet. ...My guys attended a meeting this morning and are not at work today at the RC’s [Redemption Centers]…and they have not been told to be at work this weekend... sorry, but that is why I don’t believe we will be exchanging this weekend. Could they pull the trigger and let us make our appointments this weekend? Absolutely they could to start exchanges next week...in my opinion we are at the very end of this…
7-19-2019 Newshound Guru Kaperoni There's been indications in the IMF's own reports, in what's called their article IV consultations...there's been comments from the IMF...where they've told them [Iraq] to liberalize their foreign exchange, to move to article VIII. There's been statements in those Article IV consultations that have been very encouraging regarding our investment leading us down the path of what we're looking for...freedom of movement of capital...'moving to article VIII will send a strong message to the global investment community that Iraq is open for business.' So there is no confusion there...they have to move to Article VIII...if they want to convince the world 'hey, we're ready. Come and invest.' So article VIII isn't a dream we're hoping for, it's a step in the process and we're just on the cusp I think of that occurring...
7-19-2019 Intel Guru Bruce I am hearing some very good things. First of all Iraq was supposed to put their new rate in Gazette. We heard that a million times. However, they have not released it. It is probably in there...and we are trying to verify the new rate for the Dinar is on the screens tonight [Thursday] because we know that brand new currency codes were entered late this afternoon, this evening so that all of the rates could be brought up as new and all locked in. ...when it comes to the release of the toll-free number my understanding is as of now is they are...in position to be released. ...I just think...obviously we are close. We are hearing great things of rates showing up, new rates codes being entered, and we should be getting started here very soon...
7-19-2019 Newshound/Intel Guru Mnt Goat The CBI has told us that when they are getting ready to move ahead again with the “project to delete the zeros” they will tell us. They have not yet done so. They are not hiding anything or trying to give us “smoke screens” to prevent us from knowing when.
7-19-2019 Newshound Guru MilitiaMan "Finance Committee in the House of Representatives: a surplus of funds due to high oil prices" ...That money is for the citizens imo per the constitution. It was reported that 2018 had one too. They would have told the IMF back on the 04/10/2019 by law...imo...So if they are going to distribute the fair share to the citizens that is to be in the coming days. As in a few...lol Looking good...
7-18-2019 Intel Guru RayRen98 [Are we getting closerrrrrr...?] CLOSER THAN CLOSE! A HEAD TELLER WAS SINGING THIS MORNING - "I GOTTA FEELING, THAT TONIGHT'S GONNA BE A GOOD NIGHT." A BANKER INVOLVED IN THE EXCHANGE PROCESS SENT THIS MESSAGE TO ME THIS MORNING - "GET READY
7-18-2019 Newshound/Intel Guru Mnt Goat The news is scarce coming from Iraq. We do know the CBI governor is being replaced as Alaq has resigned effective in September. He is transitioning now with the new governor. I am still in the notion that we will NOT see any RV until at least the time when the new governor is announced officially and we are out of all these proxy positions in the financial sector of the government including the CBI and the financial ministry. So we sit and wait. These lulls are usually followed by a breakout of some really good news and steps forward...Remember anything is possible in Iraq. But we are told they will not just trigger the reinstatement without some sort of notice to the people. It will not be in the Gazette as some...want you to believe.
7-18-2019 Newshound Guru MilitiaMan "Disclosure of the date of receipt of the 2020 budget and parliamentary finance confirms: There will be a boom in the Iraqi economy" The amendment in the amended 2019 budget will usher the 2020 in. Kurds are happy campers today...Alak told us that...Iraq Banks were to EMBARK on electronic banking...Well to do that and to open private satellite banks globally needs a rate change. The IMF meeting Friday may have the numbers they need to dot I s and cross T s. ...We even now here buzz around the world that China has something in store for the world...Our side of the pond wants a level playing field and I'll bet the apposing pitcher is about to throw the first pitch.. imo.
7-18-2019 Intel Guru Eagleone2025 [via PDK] ...WATCHING THE BANKS FILLING THERE POCKETS WHY WE ARE WAITING FOR THE RV. SOME TIME THIS EVENING I WAS TOLD THAT NUMBERS ARE GOING TO BE RELEASE...AS WE HAVE ALL HEARD MILLION TIMES OVER...SEVERAL SOURCES ARE SAYING THE SAME THING... WE ARE TOLD WE WILL BE IN THE BANKS FRI-TUES... BUT I WILL WAIT AND SEE?
7-18-2019 Intel Guru MarkZ [via PDK] Little to no news today…everything is very quiet. No new rate in Iraq yet...one contact from Zurich says noon tomorrow for exchange...the other is quiet... maybe they can’t talk and that would be good news. [Is this quiet the precursor to “go”?] I think it is. Seems we are sitting in the starting gate waiting for someone to fire the pistol.
7-18-2019 Newshound/Intel Guru RVAlready The problem with anyone who says this will float up from program rate is that it is in direct opposition to what Dr Shabibi said, which was NO FLOAT... Shabibi planned the entire RV. ...Shabibi clearly stated initial rate would be 3.22 plus up to 20% and close to Kuwait.
7-18-2019 Newshound Guru Kaperoni It has been 16 months that the CBI has stabilized the currency in the country to within 2% as identified by the IMF requirement...that's been a problem over the years where the currency went out of compliance and the dinar devalued to the dollar...what they've done is a really good job with the help of the U.S. Treasury to get this under control...yes they've brought the reserves to 72 Billion now and I think one of the 5 largest reserves in the Middle East but there are some other things kinda under the table here which are all relative. When Iraq accepts Article VIII they have held stability for 17 months when the requirement was only 90 days. They have done a really wonderful job creating a situation where they are creating a lot of confidence in their banking system for financial experts around the world as they look at should they bring money into Iraq and trust the banking system...
7-18-2019 Newshound/Intel Guru Mnt Goat The news is scarce coming from Iraq. We do know the CBI governor is being replaced as Alaq has resigned effective in September. He is transitioning now with the new governor. I am still in the notion that we will NOT see any RV until at least the time when the new governor is announced officially and we are out of all these proxy positions in the financial sector of the government including the CBI and the financial ministry. So we sit and wait. These lulls are usually followed by a breakout of some really good news and steps forward...Remember anything is possible in Iraq. But we are told they will not just trigger the reinstatement without some sort of notice to the people. It will not be in the Gazette as some...want you to believe.
7-18-2019 Newshound Guru MilitiaMan "Disclosure of the date of receipt of the 2020 budget and parliamentary finance confirms: There will be a boom in the Iraqi economy" The amendment in the amended 2019 budget will usher the 2020 in. Kurds are happy campers today...Alak told us that...Iraq Banks were to EMBARK on electronic banking...Well to do that and to open private satellite banks globally needs a rate change. The IMF meeting Friday may have the numbers they need to dot I s and cross T s. ...We even now here buzz around the world that China has something in store for the world...Our side of the pond wants a level playing field and I'll bet the apposing pitcher is about to throw the first pitch.. imo.
7-18-2019 Intel Guru Eagleone2025 [via PDK] ...WATCHING THE BANKS FILLING THERE POCKETS WHY WE ARE WAITING FOR THE RV. SOME TIME THIS EVENING I WAS TOLD THAT NUMBERS ARE GOING TO BE RELEASE...AS WE HAVE ALL HEARD MILLION TIMES OVER...SEVERAL SOURCES ARE SAYING THE SAME THING... WE ARE TOLD WE WILL BE IN THE BANKS FRI-TUES... BUT I WILL WAIT AND SEE?
7-18-2019 Intel Guru MarkZ [via PDK] Little to no news today…everything is very quiet. No new rate in Iraq yet...one contact from Zurich says noon tomorrow for exchange...the other is quiet... maybe they can’t talk and that would be good news. [Is this quiet the precursor to “go”?] I think it is. Seems we are sitting in the starting gate waiting for someone to fire the pistol.
7-18-2019 Newshound/Intel Guru RVAlready The problem with anyone who says this will float up from program rate is that it is in direct opposition to what Dr Shabibi said, which was NO FLOAT... Shabibi planned the entire RV. ...Shabibi clearly stated initial rate would be 3.22 plus up to 20% and close to Kuwait.
7-18-2019 Newshound Guru Kaperoni It has been 16 months that the CBI has stabilized the currency in the country to within 2% as identified by the IMF requirement...that's been a problem over the years where the currency went out of compliance and the dinar devalued to the dollar...what they've done is a really good job with the help of the U.S. Treasury to get this under control...yes they've brought the reserves to 72 Billion now and I think one of the 5 largest reserves in the Middle East but there are some other things kinda under the table here which are all relative. When Iraq accepts Article VIII they have held stability for 17 months when the requirement was only 90 days. They have done a really wonderful job creating a situation where they are creating a lot of confidence in their banking system for financial experts around the world as they look at should they bring money into Iraq and trust the banking system...
7-17-2019 Newshound/Intel Guru Randy Koonce THE RATE IS THE ONLY THING THAT YOU ARE WAITING FOR. Remember: This is a POLITICAL football, so it is possible there could always be another unforeseen ‘time out’. It is not that our information was bad; but it might change. Again. DO NOT give your dinar to anyone else to exchange for you. We are really, seriously, truly, honestly, absolutely, positively, probably VERY CLOSE. RELAX the RV really is coming . ...Keep Breathing...check the [CBI] every day to see if it has changed... [post 3 of 3] [note: you can always see the latest official and market rates for the dinar on the left side of this page...]
7-17-2019 Newshound/Intel Guru Randy Koonce I want you to know there is nothing left for Iraq to do to prepare for a rate change. They have been ready since December of Last Year. As in 2018. January started the political football game. There were many political players, from our own Government to several others as well...And ALL of them have affected the political environment. Look for the Dinar to come out between $1 -$2. It should go up a little more later on. Please do not get suckered into waiting or watching for any 800 numbers. You will be able to exchange at any big bank or financial exchange center that normally deals in foreign currency exchanges. [post 2 of 3....stay tuned]
7-17-2019 Newshound/Intel Guru Randy Koonce ...there is a very good window that has opened up once again, and will last through the end of the month. As I have mentioned before, many of the things that have happened on our way to the revaluation of the Iraqi Dinar has turned this anticipated event into a very big Political Game. I call it “Global Political Football”. And there have been no rules to this long and unending game! That being said, there is reason to believe that we are very - VERY - close to the final buzzer now. And, it is a very BIG WINDOW between now (as in ‘right now’;) through the end of month. But...because it is a political football game, that does not mean that if this window closes at the end of the month without a rate change, we will never see it. It just means that another political fight got in the way. Again. [post 1 of 3....stay tuned]
7-17-2019 Intel Guru MarkZ [via PDK] I feel very good and very confident this morning. The facts are no new rate in Iraq yet this morning… My contacts at redemption centers are sitting there waiting...twiddling their thumbs. I am still being told that there will be redemption centers all over ...should be one within 50 miles of almost everyone. ...I believe Mr. Trump will be very motivated now to release this reset...
7-17-2019 Intel Guru Bruce ...we believe things are to the point where we should be getting some good news tomorrow [Wednesday]. Now, it maybe we get toll-free numbers and all we do tomorrow is set appointments. It maybe if we get the numbers soon enough, we set appointments and start tomorrow [Wednesday]. It maybe we get the numbers and set appointments for Thursday. I am trying my best I am not calling it. This is based on the compendious of confirmation and evidence that I have so far today...We know things change. We know we are facing a moving target... I do believe they have this ready for us finally to go. [post 2 of 2]
7-17-2019 Intel Guru Bruce [via PinkRoses] ...I usually start where are we...I can tell you where were we supposed to be. We were supposed to be in the Bank and the Redemption Centers...today [Tuesday]....We were faked out by the fact we were looking for 800 numbers on Monday or Today with exchanges, but...There were a number...of disgruntled former bank employees...with at least 4 or 5 main banks...that had the wise idea to try to put out bogus toll-free numbers to our community...and they nixed that right away...but it did slow us down for a couple of days. So, we are ready. We are willing and able to move forward to get this party started. [post 1 of 2....stay tuned]
7-17-2019 Newshound Guru Enorrste ...I think the answer is clear. They want to make Iraq one of the most powerful currencies in the world. They want to make it a world reserve currency. They announced that some time ago. 8 years ago. IMF has agreed it's a good idea because of their location. 1. They are in the Middle East 2. The world needs another world reserve currency with the dollar being so over extended...they need this and we can't overestimate the power and importance of the IMF becoming this trustee...they want this thing to happen. They are proving it by making this currency flat to close to its own market rate for 16 months now and announcing they're ready for international trade. It's really really tightened up. [Post 2 of 2]
7-17-2019 Newshound Guru Enorrste I don't think we can underestimate the role of the IMF in all of this. They stated two years ago they were going to become the trustee of the Central Bank of Iraq. When you're the trustee this means you have the purse strings in your pocket and you can pull any sting you want at any time you want and it's not by any coincidence whatsoever this currency shortly thereafter came into stabilization and they got within 2% between the fixed rate and the market rate...Allaq couldn't do it so the IMF finally took over as the trustee of the CBI...They have it under control for 16 months...Why in the world would an International organization like the IMF want to stick their nose in Iraq's business so deeply? [Post 1 of 2....stay tuned]
7-17-2019 Newshound/Intel Guru Mnt Goat Article: "DEPUTIES IN PARLIAMENT DEMAND ACTION TO PUT AN END TO THE THE MASSIVE CORRUPTION CARRIED OUT THROUGH THE AUCTION OF HARD CURRENCY ORGANIZED BY THE CENTRAL BANK" Quote: “THE OFFICIAL STRESSED THAT THE GOVERNMENT IS CONSIDERING SEVERAL OPTIONS TO STRENGTHEN THE DINAR, such as the deletion of zeros or determine the price globally, as do many countries in the Arabian Gulf.” To determine the price globally means to reinstate the dinar BACK on the global exchanges... ...This is the holdup right now in getting the reinstatement ...THE CORRUPTION IN THE CBI! ...So we know they that they know and the pressure is on to do something about losing all this money on these auctions. They have out-lived their usefulness which was to control inflation...
7-17-2019 Newshound/Intel Guru Randy Koonce I want you to know there is nothing left for Iraq to do to prepare for a rate change. They have been ready since December of Last Year. As in 2018. January started the political football game. There were many political players, from our own Government to several others as well...And ALL of them have affected the political environment. Look for the Dinar to come out between $1 -$2. It should go up a little more later on. Please do not get suckered into waiting or watching for any 800 numbers. You will be able to exchange at any big bank or financial exchange center that normally deals in foreign currency exchanges. [post 2 of 3....stay tuned]
7-17-2019 Newshound/Intel Guru Randy Koonce ...there is a very good window that has opened up once again, and will last through the end of the month. As I have mentioned before, many of the things that have happened on our way to the revaluation of the Iraqi Dinar has turned this anticipated event into a very big Political Game. I call it “Global Political Football”. And there have been no rules to this long and unending game! That being said, there is reason to believe that we are very - VERY - close to the final buzzer now. And, it is a very BIG WINDOW between now (as in ‘right now’;) through the end of month. But...because it is a political football game, that does not mean that if this window closes at the end of the month without a rate change, we will never see it. It just means that another political fight got in the way. Again. [post 1 of 3....stay tuned]
7-17-2019 Intel Guru MarkZ [via PDK] I feel very good and very confident this morning. The facts are no new rate in Iraq yet this morning… My contacts at redemption centers are sitting there waiting...twiddling their thumbs. I am still being told that there will be redemption centers all over ...should be one within 50 miles of almost everyone. ...I believe Mr. Trump will be very motivated now to release this reset...
7-17-2019 Intel Guru Bruce ...we believe things are to the point where we should be getting some good news tomorrow [Wednesday]. Now, it maybe we get toll-free numbers and all we do tomorrow is set appointments. It maybe if we get the numbers soon enough, we set appointments and start tomorrow [Wednesday]. It maybe we get the numbers and set appointments for Thursday. I am trying my best I am not calling it. This is based on the compendious of confirmation and evidence that I have so far today...We know things change. We know we are facing a moving target... I do believe they have this ready for us finally to go. [post 2 of 2]
7-17-2019 Intel Guru Bruce [via PinkRoses] ...I usually start where are we...I can tell you where were we supposed to be. We were supposed to be in the Bank and the Redemption Centers...today [Tuesday]....We were faked out by the fact we were looking for 800 numbers on Monday or Today with exchanges, but...There were a number...of disgruntled former bank employees...with at least 4 or 5 main banks...that had the wise idea to try to put out bogus toll-free numbers to our community...and they nixed that right away...but it did slow us down for a couple of days. So, we are ready. We are willing and able to move forward to get this party started. [post 1 of 2....stay tuned]
7-17-2019 Newshound Guru Enorrste ...I think the answer is clear. They want to make Iraq one of the most powerful currencies in the world. They want to make it a world reserve currency. They announced that some time ago. 8 years ago. IMF has agreed it's a good idea because of their location. 1. They are in the Middle East 2. The world needs another world reserve currency with the dollar being so over extended...they need this and we can't overestimate the power and importance of the IMF becoming this trustee...they want this thing to happen. They are proving it by making this currency flat to close to its own market rate for 16 months now and announcing they're ready for international trade. It's really really tightened up. [Post 2 of 2]
7-17-2019 Newshound Guru Enorrste I don't think we can underestimate the role of the IMF in all of this. They stated two years ago they were going to become the trustee of the Central Bank of Iraq. When you're the trustee this means you have the purse strings in your pocket and you can pull any sting you want at any time you want and it's not by any coincidence whatsoever this currency shortly thereafter came into stabilization and they got within 2% between the fixed rate and the market rate...Allaq couldn't do it so the IMF finally took over as the trustee of the CBI...They have it under control for 16 months...Why in the world would an International organization like the IMF want to stick their nose in Iraq's business so deeply? [Post 1 of 2....stay tuned]
7-17-2019 Newshound/Intel Guru Mnt Goat Article: "DEPUTIES IN PARLIAMENT DEMAND ACTION TO PUT AN END TO THE THE MASSIVE CORRUPTION CARRIED OUT THROUGH THE AUCTION OF HARD CURRENCY ORGANIZED BY THE CENTRAL BANK" Quote: “THE OFFICIAL STRESSED THAT THE GOVERNMENT IS CONSIDERING SEVERAL OPTIONS TO STRENGTHEN THE DINAR, such as the deletion of zeros or determine the price globally, as do many countries in the Arabian Gulf.” To determine the price globally means to reinstate the dinar BACK on the global exchanges... ...This is the holdup right now in getting the reinstatement ...THE CORRUPTION IN THE CBI! ...So we know they that they know and the pressure is on to do something about losing all this money on these auctions. They have out-lived their usefulness which was to control inflation...
7-16-2019 Intel Guru MarkZ I am tired and weary but cautiously excited tonight. 2 excellent sources in Iraq think they will have their rate in the Gazette on Wednesday... On the treasury side they are saying it could happen tonight [Tuesday] ...another government source said anytime in the next 72 hours.
7-16-2019 Newshound Guru Kaperoni The guru's like to constantly state an increase in the value of the dinar will be some random overnight act. That will never happen. If the Iraqi dinar increases in value it will be based on sound monetary policy and the world's participation in rebuilding the country. SAP, very significant IT company is now in Iraq and expects Iraq's GDP to grow to 8.1% in 2020. That is huge and three times the current GDP. We can only hope they are correct.
7-16-2019 Newshound Guru Whitelions Did you see the cbi gave orders on what to do with the dollar when they come into the banks? They want dinar given in change...they are fighting...to get the dollar off the Street's.
7-16-2019 Intel Guru MarkZ [will value day and 800 numbers happen at the same time?] Yes I believe value day and 800 numbers will happen at the same time...A number of intel providers are looking at Wednedsay as the big day…Not sure where there info comes from...we shall see. [what happens if this doesn't go this month...] If it doesn’t go this month...I personally believe we will see it this month but if it doesn’t...I think anytime before Oct. is fair game... [post 2 of 2]
7-16-2019 Intel Guru MarkZ According to the one treasury contact I still have faith in (I went to college with him and trust him completely) Gold Certificates are on the way to the US as of now...Gold Certificates are how we fund the new US dollar...they are important to this revaluation as we go from fiat based to asset backed currency. He is looking for tonight or tomorrow morning for everything to happen. No new rate in Iraq...yet. [post 1 of 2....stay tuned]
7-16-2019 Newshound Guru Enorrste ...They are not just hoping for a floating dinar, they are counting on it. The fact that the CBI has managed to raise its reserves is a clear indication that the float is imminent. Only with a strong currency can they take the risk of moving to a float. With 71 Billion in reserves they have about 175% coverage of their entire money supply in hard currency...Thus the dinar is one of the strongest currencies in the world despite its current low value. As the float begins the they will see the value of the dinar begin to rise. As it rises they will reduce the money supply with the goal of getting it down to 40 Billion dinar rather than 40 trillion dinar. Thus at one dollar per dinar (this is after the float has occurred) the CBI will still have 175% coverage of their money, meaning the dinar could easily get back to the $3.50 per dinar range which is their ultimate goal. [Post 2 of 2]
7-16-2019 Newshound Guru Enorrste Haven't had anything to say for a while but now we're getting close so let's get into it....[Article the Central Bank of Iraq on Thursday announced the foreign reserves rose to a total of 72 Billion dollars in the first half of 2019]...how did they raise their reserves when the government was in a deficit situation? ...they managed to expand investment throughout the country. Thus reducing somewhat their dependence on oil. This means dollar investment has in fact been coming in the country despite the fact that the dinar is not yet convertible on the international market...this is extremely good. Why? ...once the investors get a foothold in Iraq they will come in droves to make money...with the hopes...that they will be able to get their profits out the country in short order. This means there are now people willing to put their money where their mouth is... [Post 1 of 2.....stay tuned]
7-16-2019 Newshound Guru Kaperoni ...We're all about the facts, truth and learning the process and fundamentals of how monetary policy works and how it interacts with transitional economies. There is no arbitrary revaluation or reinstatement. The terms the gurus like to use RV or RI is all nonsense. That is not how monetary policy works...The CBI will follow strict rules. They will follow processes as well as rules and processes from the International Monetary Fund (IMF). They use this information to design monetary policies to combat the effects of a growing economy. These are proven policies and techniques used by other central banks all around the world...there have been a lot of things that are eye popping. There has been a lot of progress over the last few months...
7-16-2019 Newshound Guru Whitelions I think we are finely close enough to smell the roses for the first time in years they have gotten their poo together...
7-16-2019 Newshound Guru Kaperoni The guru's like to constantly state an increase in the value of the dinar will be some random overnight act. That will never happen. If the Iraqi dinar increases in value it will be based on sound monetary policy and the world's participation in rebuilding the country. SAP, very significant IT company is now in Iraq and expects Iraq's GDP to grow to 8.1% in 2020. That is huge and three times the current GDP. We can only hope they are correct.
7-16-2019 Newshound Guru Whitelions Did you see the cbi gave orders on what to do with the dollar when they come into the banks? They want dinar given in change...they are fighting...to get the dollar off the Street's.
7-16-2019 Intel Guru MarkZ [will value day and 800 numbers happen at the same time?] Yes I believe value day and 800 numbers will happen at the same time...A number of intel providers are looking at Wednedsay as the big day…Not sure where there info comes from...we shall see. [what happens if this doesn't go this month...] If it doesn’t go this month...I personally believe we will see it this month but if it doesn’t...I think anytime before Oct. is fair game... [post 2 of 2]
7-16-2019 Intel Guru MarkZ According to the one treasury contact I still have faith in (I went to college with him and trust him completely) Gold Certificates are on the way to the US as of now...Gold Certificates are how we fund the new US dollar...they are important to this revaluation as we go from fiat based to asset backed currency. He is looking for tonight or tomorrow morning for everything to happen. No new rate in Iraq...yet. [post 1 of 2....stay tuned]
7-16-2019 Newshound Guru Enorrste ...They are not just hoping for a floating dinar, they are counting on it. The fact that the CBI has managed to raise its reserves is a clear indication that the float is imminent. Only with a strong currency can they take the risk of moving to a float. With 71 Billion in reserves they have about 175% coverage of their entire money supply in hard currency...Thus the dinar is one of the strongest currencies in the world despite its current low value. As the float begins the they will see the value of the dinar begin to rise. As it rises they will reduce the money supply with the goal of getting it down to 40 Billion dinar rather than 40 trillion dinar. Thus at one dollar per dinar (this is after the float has occurred) the CBI will still have 175% coverage of their money, meaning the dinar could easily get back to the $3.50 per dinar range which is their ultimate goal. [Post 2 of 2]
7-16-2019 Newshound Guru Enorrste Haven't had anything to say for a while but now we're getting close so let's get into it....[Article the Central Bank of Iraq on Thursday announced the foreign reserves rose to a total of 72 Billion dollars in the first half of 2019]...how did they raise their reserves when the government was in a deficit situation? ...they managed to expand investment throughout the country. Thus reducing somewhat their dependence on oil. This means dollar investment has in fact been coming in the country despite the fact that the dinar is not yet convertible on the international market...this is extremely good. Why? ...once the investors get a foothold in Iraq they will come in droves to make money...with the hopes...that they will be able to get their profits out the country in short order. This means there are now people willing to put their money where their mouth is... [Post 1 of 2.....stay tuned]
7-16-2019 Newshound Guru Kaperoni ...We're all about the facts, truth and learning the process and fundamentals of how monetary policy works and how it interacts with transitional economies. There is no arbitrary revaluation or reinstatement. The terms the gurus like to use RV or RI is all nonsense. That is not how monetary policy works...The CBI will follow strict rules. They will follow processes as well as rules and processes from the International Monetary Fund (IMF). They use this information to design monetary policies to combat the effects of a growing economy. These are proven policies and techniques used by other central banks all around the world...there have been a lot of things that are eye popping. There has been a lot of progress over the last few months...
7-16-2019 Newshound Guru Whitelions I think we are finely close enough to smell the roses for the first time in years they have gotten their poo together...
7-15-2019 Intel Guru RayRen98 All "authoritative" financial sources are of high expectancy waiting for confirmation reports of rumours of a live rate. Tellers are on "standby" mode. The new Contract Rate cap limit on the Dinar is "SUPPOSED" to be 10 million now, instead of 20 million from a few years ago. We Shall C! Time Will Tell it ALL!
7-15-2019 Intel Guru Eagleone2025 [via PDK] THERE WILL BE FOUR PEOPLE IN THE ROOM WITH YOU WHEN YOU GO TO YOUR BANK EXCHANGE. YOUR NON CONTRACT RATES WILL BE VERY GOOD.
7-15-2019 Intel Guru MarkZ [Could your contacts be giving you fake info] We know there are people paid to give us all fake info...i try my best to use only trustworthy people I have known a long time...I am not worried about false 800 numbers… [is it looking like August now?] I do not think we will go into August without the RV. We must be very close…Trolls are shooting with both barrels today...I hear the banking rates will be good for 30 days once they start. [post 2 of 2]
7-15-2019 Intel Guru MarkZ [via PDK] This was a fairly noisy weekend for a change...Hearing rumors in Asia of exchanges today that I cannot prove. People in Zurich are waiting to do there exchanges... big expectations for this week. Call centers in US went to work bright and early today expecting us to exchange this week. No rate change in Iraq as of yet. [Who tells the banks and redemption centers to be on high alert?] So banks hear the information from the upper ecelons of their bank...who have gotten the info from the US treasury...I am salty with the rumors from the treasury right now. [post 1 of 2....stay tuned]
7-15-2019 Newshound Guru Kaperoni [via Baxter] ...the Article 4 consultation report... is to be released yet this Month...and that should tell us more about where Iraq is at this point.
7-15-2019 Intel/Newshound Guru sandyf ...If we are to gain from this venture then it is not going to come from anything Iraq does. How can people talk about Dinar and Dong in the same breath and then think the answer lies with 3 zeros. Hopefully by the time Iraq ever gets around to deleting the zeros, all thoughts of Iraq will be well and truly in the rear view mirror.
7-15-2019 Intel Guru Eagleone2025 [via PDK] THERE WILL BE FOUR PEOPLE IN THE ROOM WITH YOU WHEN YOU GO TO YOUR BANK EXCHANGE. YOUR NON CONTRACT RATES WILL BE VERY GOOD.
7-15-2019 Intel Guru MarkZ [Could your contacts be giving you fake info] We know there are people paid to give us all fake info...i try my best to use only trustworthy people I have known a long time...I am not worried about false 800 numbers… [is it looking like August now?] I do not think we will go into August without the RV. We must be very close…Trolls are shooting with both barrels today...I hear the banking rates will be good for 30 days once they start. [post 2 of 2]
7-15-2019 Intel Guru MarkZ [via PDK] This was a fairly noisy weekend for a change...Hearing rumors in Asia of exchanges today that I cannot prove. People in Zurich are waiting to do there exchanges... big expectations for this week. Call centers in US went to work bright and early today expecting us to exchange this week. No rate change in Iraq as of yet. [Who tells the banks and redemption centers to be on high alert?] So banks hear the information from the upper ecelons of their bank...who have gotten the info from the US treasury...I am salty with the rumors from the treasury right now. [post 1 of 2....stay tuned]
7-15-2019 Newshound Guru Kaperoni [via Baxter] ...the Article 4 consultation report... is to be released yet this Month...and that should tell us more about where Iraq is at this point.
7-15-2019 Intel/Newshound Guru sandyf ...If we are to gain from this venture then it is not going to come from anything Iraq does. How can people talk about Dinar and Dong in the same breath and then think the answer lies with 3 zeros. Hopefully by the time Iraq ever gets around to deleting the zeros, all thoughts of Iraq will be well and truly in the rear view mirror.
7-14-2019 Intel Guru RayRen98 Iraq - Iraqi TV is broadcasting that PM Mahdi's resignation letter is expected in the coming days. Skuttle-butt is abound of Abadi planning on returning to Prime Minister position. [Does any of this overseas "news" really matter to us?] LOL. US - Some bank employees are mandated to come in on Sunday afternoon...say what???
7-14-2019 Newshound Guru Don961 Article: "Paying with plastic? Iraqis weigh pros and cons" Quote: "In Iraq's cash-driven economy, the Communications Ministry and head of the Central of Bank are getting input on a mechanism that would allow banks and shops to further facilitate the use of debit and credit cards." ...this is where the rubber (er...currency) hits the road...in the marketplace... cool article...dump the rippy old notes with all those zeroes... replace them with new polymer ones that don't deteriorate as quickly...and give them a value so small change can be made without an issue... give 'em sum coins for the Fil jar to save for a rainy day ...
7-14-2019 Intel/Newshound Guru sandyf ...Govt does not Drop the zeros...CBI does...Central banks have a limited role in the management of a currency. Changes to the monetary unit or major changes to the currency require government approval. Deletion of the 3 zeros in Iraq will affect the monetary unit and as such will require a Bill to pass through parliament, not going to happen any time soon.
7-14-2019 Newshound Guru Don961 Article: "Paying with plastic? Iraqis weigh pros and cons" Quote: "In Iraq's cash-driven economy, the Communications Ministry and head of the Central of Bank are getting input on a mechanism that would allow banks and shops to further facilitate the use of debit and credit cards." ...this is where the rubber (er...currency) hits the road...in the marketplace... cool article...dump the rippy old notes with all those zeroes... replace them with new polymer ones that don't deteriorate as quickly...and give them a value so small change can be made without an issue... give 'em sum coins for the Fil jar to save for a rainy day ...
7-14-2019 Intel/Newshound Guru sandyf ...Govt does not Drop the zeros...CBI does...Central banks have a limited role in the management of a currency. Changes to the monetary unit or major changes to the currency require government approval. Deletion of the 3 zeros in Iraq will affect the monetary unit and as such will require a Bill to pass through parliament, not going to happen any time soon.
7-13-2019 Intel Guru RayRen98 Some exchange activity "REPORTEDLY" has begun in limited areas...we are awaiting solid confirmations of such. Some bank sources are now reporting two separate contract rates for Dinar and Dong (no specifics given...). Time Will Tell! We're still WAITING to receive 800 numbers that were supposed to be out by now. Patience is a virtue. ...Monday appears to be a Tell All, Reveal All type of day. ...the "Window" remains open.
7-13-2019 Intel Guru Delta [I believe you have recently stated that they have ALREADY lifted the 3 zeros in country...Can you please clarify this for me?] IT'S ALL DONE... MAYBE IT'S SOMETHING OR NOTHING BUT...NO RATE UPDATE SINCE WED ON CBI...
7-13-2019 Newshound Guru Kaperoni [77% of the world's transaction revenue touches an SAP system! They are HUGE! They...wouldn't set up shop in Iraq for fun! ...They have seen the potential & want to get in on the ground floor!] Yes! It's a big deal they are now in Iraq.
7-13-2019 Intel Guru RVAlready We might get exchanges on Monday. Weekends are usually quiet, with government offices closed, and Saturday not really part of the banking week.
7-13-2019 Intel Guru Delta [What if the central bank stopped selling the dollar?] Article quote: "It may be necessary to resort to other mechanisms that are quite different from what is currently being used." WHAT'S NEXT? ...DETERMINE THE PRICE GLOBALLY...
7-13-2019 Intel Guru Delta [I believe you have recently stated that they have ALREADY lifted the 3 zeros in country...Can you please clarify this for me?] IT'S ALL DONE... MAYBE IT'S SOMETHING OR NOTHING BUT...NO RATE UPDATE SINCE WED ON CBI...
7-13-2019 Newshound Guru Kaperoni [77% of the world's transaction revenue touches an SAP system! They are HUGE! They...wouldn't set up shop in Iraq for fun! ...They have seen the potential & want to get in on the ground floor!] Yes! It's a big deal they are now in Iraq.
7-13-2019 Intel Guru RVAlready We might get exchanges on Monday. Weekends are usually quiet, with government offices closed, and Saturday not really part of the banking week.
7-13-2019 Intel Guru Delta [What if the central bank stopped selling the dollar?] Article quote: "It may be necessary to resort to other mechanisms that are quite different from what is currently being used." WHAT'S NEXT? ...DETERMINE THE PRICE GLOBALLY...
7-12-2019 Intel Guru DELTA Article quote: "The file of the "auction of hard currency" in Iraq to the forefront after the comments of deputies in parliament, demanding the Prime Minister and the Supreme Judicial Council and the public prosecution in the country, put an end to the massive corruption carried out through the auction of hard currency organized by the Central Bank of Iraq every day." MASSACRE OF THE DOLLAR IN IRAQ...OFFICIAL MOVEMENT AGAINST FRAUD AT THE CBI AUCTION.
7-12-2019 Intel Guru MarkZ [via PDK] No news…no update as to why we have not gone…We were told the US military sent a rep with the Chinese to the Pentagon to arrange the rest and here we are sitting here wondering where we are at...Iraq is still waiting on a new rate. Europe is still waiting on the US. I did hear that there were a number of test exchanges done yesterday that went well. They are still waiting to exchange but we haven’t seen anything yet. Redemption centers: The people I know are at work today and on high alert. They are not scheduled to work this weekend but have to be “on call” all weekend.
7-12-2019 Newshound/Intel Guru Mnt Goat "MONETARY RESERVES WITH THE CENTRAL BANK OF IRAQ: CRISIS AFTER CRISIS" This article is nothing more than the CBI tooting its own whistle again. al-Allaq knows his days are over in the CBI and he is going to be replaced. He is the third generation proxy governor appointed by the Nori al-Maliki days of takeover in 2012. He does not have the expertise to handle the complexities and corruption of the CBI. He is going to be replace shortly. A new candidate has been already chosen.
7-12-2019 Intel Guru Bruce [via PinkRoses] ...What we are finding out is at the Redemption Centers they are having to reenter activation codes...they are doing that to get ready for everything to come down the pipe here. We got the Forex with established rates ready to drop in...The rates seem on the bank screens are updating. I do not know if they have changed over, but they were supposed to populate this morning and be on the screens this morning [Thursday]. Now, obviously they need to come in as new rates before we go in for exchanges. So, this is one of the things that has to happen. ...we do have some security issues...We know that security concerns today that were supposed to be pretty much handled...That is good news...we are set to go at any time. Now, with the security concerns basically taken care of, I think we can move forward. ...I think we are so close we are right on it. Some of the sources have been told to clam up...That is a good sign when that happens. ...I am excited we are getting closer and closer everyday with the hope that this doesn’t carry into the weekend...
7-12-2019 Intel Guru Delta MONDAY IS A HOLIDAY IN IRAQ SO CBI HAD 2 AUCTIONS BUT IT WAS STRANGE THAT FOR SUNDAY THE VOLUME WAS 0 AND THIS WAS THE FIRST TIME I SEE THIS PATTERN...BUT FOR MONDAY THE VOLUME IS REGULAR NUMBERS...BANKS SUBMIT THEIR REQUEST FOR AUCTIONS IN ADVANCED SO WHAT DID THEY KNOW...CBI WILL SEND MEMO 24 HURS IN ADVANCED TO BANKS BEFORE RATE CHANGE...
7-12-2019 Intel Guru MarkZ [via PDK] No news…no update as to why we have not gone…We were told the US military sent a rep with the Chinese to the Pentagon to arrange the rest and here we are sitting here wondering where we are at...Iraq is still waiting on a new rate. Europe is still waiting on the US. I did hear that there were a number of test exchanges done yesterday that went well. They are still waiting to exchange but we haven’t seen anything yet. Redemption centers: The people I know are at work today and on high alert. They are not scheduled to work this weekend but have to be “on call” all weekend.
7-12-2019 Newshound/Intel Guru Mnt Goat "MONETARY RESERVES WITH THE CENTRAL BANK OF IRAQ: CRISIS AFTER CRISIS" This article is nothing more than the CBI tooting its own whistle again. al-Allaq knows his days are over in the CBI and he is going to be replaced. He is the third generation proxy governor appointed by the Nori al-Maliki days of takeover in 2012. He does not have the expertise to handle the complexities and corruption of the CBI. He is going to be replace shortly. A new candidate has been already chosen.
7-12-2019 Intel Guru Bruce [via PinkRoses] ...What we are finding out is at the Redemption Centers they are having to reenter activation codes...they are doing that to get ready for everything to come down the pipe here. We got the Forex with established rates ready to drop in...The rates seem on the bank screens are updating. I do not know if they have changed over, but they were supposed to populate this morning and be on the screens this morning [Thursday]. Now, obviously they need to come in as new rates before we go in for exchanges. So, this is one of the things that has to happen. ...we do have some security issues...We know that security concerns today that were supposed to be pretty much handled...That is good news...we are set to go at any time. Now, with the security concerns basically taken care of, I think we can move forward. ...I think we are so close we are right on it. Some of the sources have been told to clam up...That is a good sign when that happens. ...I am excited we are getting closer and closer everyday with the hope that this doesn’t carry into the weekend...
7-12-2019 Intel Guru Delta MONDAY IS A HOLIDAY IN IRAQ SO CBI HAD 2 AUCTIONS BUT IT WAS STRANGE THAT FOR SUNDAY THE VOLUME WAS 0 AND THIS WAS THE FIRST TIME I SEE THIS PATTERN...BUT FOR MONDAY THE VOLUME IS REGULAR NUMBERS...BANKS SUBMIT THEIR REQUEST FOR AUCTIONS IN ADVANCED SO WHAT DID THEY KNOW...CBI WILL SEND MEMO 24 HURS IN ADVANCED TO BANKS BEFORE RATE CHANGE...
7-11-2019 Newshound Guru MilitiaMan Article: "The central bank goes beyond the technical gap and the challenges of digital transformation" ...this one has my eye and big time. They are literally telling you they are ready to hit the pavement running. What timing. They are talking in International Standards and are at platform ready status in a fourth Axis... That has me scratching my head, but the implications are realm of going live with the currency, stocks, etc.. imo. ~ WOW~
7-11-2019 Intel Guru RayRen98 SKR holders are receiving notifications of "funds availability" by the end of this week. Reportedly, banks have received permission to start setting appointments for SKR holders and "documented" high volume exchangers. Undocumented exchangers will "follow suit" afterwards. Of course, Time Will Tell if any of this is 100% accurate.
7-11-2019 Newshound Guru chattels Article: "Oil and gas laws: a crux of Erbil-Baghdad tension By Omar Moradi" Quote: "The lack of oil and gas federal legislation has been the root cause of problems between Erbil and Baghdad since the Iraqi constitution was approved in 2005. Now there is a government in Baghdad that has shown its desire to resolve these problems through dialogue, and the success of the new Kurdistan Regional Government (KRG) cabinet depends on whether the oil and gas issue is resolved with Baghdad" IMO, the federal legislation contemplated by the foregoing article is "THE HCL". If the HCL law is a condition precedent or attendant to our liquidity event, then we are not there yet. [NOTE: See the list of possible "to do's" on the left side of this page in the Resource Bar.]
7-11-2019 Intel Guru MarkZ ...We appear to be in a holding pattern...for what? I do not know. I have no confirmations that anyone has spendable cash yet. Lots of articles in Iraq saying there will be a new rate and a new value soon… [Did they kick the can again?] Wish I knew today...but the fact is it hasn’t happened and it has to happen.
7-11-2019 Newshound Guru Adam Montana There will never be an absolute perfect set of circumstances under which Iraq "can" or "should" or "must" change the value of their currency. I see a fair amount of comments from people stating something like "Oh, Iraq will never RV unless X happens, or until Y is implemented", etc etc... that is simply not true. There is NO absolute "must" for Iraq. They can change the rate today. Or yesterday, or tomorrow. They can do it without any further progress, without any permission from anyone or anything, and all the speculation in the world won't give us an exact date or a precise set of circumstances. The situation we find ourselves in today, at this very moment, is "good enough". Personally, I'm on standby for an incredible event. A solid resolution on the oil and gas law (HCL) will mean "no turning back", but just the same - it's not a necessity. Pretty darn exciting, if you ask me. [post 2 of 2]
7-11-2019 Newshound Guru Adam Montana Article: "Oil and gas laws: a crux of Erbil-Baghdad tension" Back in the forefront of ReValuation (RV) news...HCL. We've made it through Ramadan, budgeting, elections, and a whole slew of other issues. All of them, although lengthy at times, have sailed successfully through the turbulent waters and left us with a final component: HCL. It's actually on the horizon. It's being talked about, and I'm predicting we'll see more of this very shortly. Adding fuel to the HCL fire: "Iraqi oil minister: OPEC agreement + will reduce stocks and achieve price stability" WTI just crossed $60 again, and those of us watching the OIL tickers recently are well aware of how stable OIL is right now. Those of us pairing that information with the current and ongoing situation in Iraq understand how important OIL is to Iraq's ability to RV. And in case anyone needed some reassurance...it's going as perfect as we could hope for. [post 1 of 2....stay tuned]
7-11-2019 Newshound/Intel Guru Mnt Goat Article: "WHY IS THE CURRENCY AUCTION IS OUTSIDE THE CONTROL OF THE CENTRAL BANK?" ...another article talking about the corruption with the currency auctions. This is all very good. We are going to see these auctions end and the “project to delete the zeros”. This is coming and coming sooner than later. The pressure by Sadr is enormous on parliament and the finance committee to work with the CBI.
7-11-2019 Intel Guru RayRen98 SKR holders are receiving notifications of "funds availability" by the end of this week. Reportedly, banks have received permission to start setting appointments for SKR holders and "documented" high volume exchangers. Undocumented exchangers will "follow suit" afterwards. Of course, Time Will Tell if any of this is 100% accurate.
7-11-2019 Newshound Guru chattels Article: "Oil and gas laws: a crux of Erbil-Baghdad tension By Omar Moradi" Quote: "The lack of oil and gas federal legislation has been the root cause of problems between Erbil and Baghdad since the Iraqi constitution was approved in 2005. Now there is a government in Baghdad that has shown its desire to resolve these problems through dialogue, and the success of the new Kurdistan Regional Government (KRG) cabinet depends on whether the oil and gas issue is resolved with Baghdad" IMO, the federal legislation contemplated by the foregoing article is "THE HCL". If the HCL law is a condition precedent or attendant to our liquidity event, then we are not there yet. [NOTE: See the list of possible "to do's" on the left side of this page in the Resource Bar.]
7-11-2019 Intel Guru MarkZ ...We appear to be in a holding pattern...for what? I do not know. I have no confirmations that anyone has spendable cash yet. Lots of articles in Iraq saying there will be a new rate and a new value soon… [Did they kick the can again?] Wish I knew today...but the fact is it hasn’t happened and it has to happen.
7-11-2019 Newshound Guru Adam Montana There will never be an absolute perfect set of circumstances under which Iraq "can" or "should" or "must" change the value of their currency. I see a fair amount of comments from people stating something like "Oh, Iraq will never RV unless X happens, or until Y is implemented", etc etc... that is simply not true. There is NO absolute "must" for Iraq. They can change the rate today. Or yesterday, or tomorrow. They can do it without any further progress, without any permission from anyone or anything, and all the speculation in the world won't give us an exact date or a precise set of circumstances. The situation we find ourselves in today, at this very moment, is "good enough". Personally, I'm on standby for an incredible event. A solid resolution on the oil and gas law (HCL) will mean "no turning back", but just the same - it's not a necessity. Pretty darn exciting, if you ask me. [post 2 of 2]
7-11-2019 Newshound Guru Adam Montana Article: "Oil and gas laws: a crux of Erbil-Baghdad tension" Back in the forefront of ReValuation (RV) news...HCL. We've made it through Ramadan, budgeting, elections, and a whole slew of other issues. All of them, although lengthy at times, have sailed successfully through the turbulent waters and left us with a final component: HCL. It's actually on the horizon. It's being talked about, and I'm predicting we'll see more of this very shortly. Adding fuel to the HCL fire: "Iraqi oil minister: OPEC agreement + will reduce stocks and achieve price stability" WTI just crossed $60 again, and those of us watching the OIL tickers recently are well aware of how stable OIL is right now. Those of us pairing that information with the current and ongoing situation in Iraq understand how important OIL is to Iraq's ability to RV. And in case anyone needed some reassurance...it's going as perfect as we could hope for. [post 1 of 2....stay tuned]
7-11-2019 Newshound/Intel Guru Mnt Goat Article: "WHY IS THE CURRENCY AUCTION IS OUTSIDE THE CONTROL OF THE CENTRAL BANK?" ...another article talking about the corruption with the currency auctions. This is all very good. We are going to see these auctions end and the “project to delete the zeros”. This is coming and coming sooner than later. The pressure by Sadr is enormous on parliament and the finance committee to work with the CBI.
7-10-2019 Newshound/Intel Guru Mnt Goat The other hitch is will the IMF allow this as acceptable and relieve then of the sanctions now or make them wait until the gas is delivered and pays out the $4.1 billion remaining? So far we have not heard from the IMF on this point. So we wait and listen. But YES this could be part of the IMF not wanting to sign off on the RV. Remember too the UN was just in Iraq in a BIG meeting. What were they discussing? Of course they discussed relieving the sanctions, the last part of Chapter VII. What we know as FACT is that Iraq can not Reinstate the currency as long as they are still in Chapter VII. [post 2 of 2]
7-10-2019 Newshound/Intel Guru Mnt Goat Article: "IRAQ HAS PAID 48.3 BILLION DOLLARS COMPENSATION TO KUWAIT SO FAR" ...so the big question on everyone’s minds is will this effect the RV? Do we have to wait until 2021 for these sanctions to be off Iraq when all this money is paid to Kuwait? The answer is NO if the deal with Kuwait to give them gas in exchange for the remaining balance of $4.1 ($52.4 minus $48.3). We have been told this is the case. [post 1 of 2....stay tuned]
7-10-2019 Intel Guru Eagleone2025 [via PDK] ...THERE HAS BEEN ALOT OF TROUBLE IN BRINGING THIS TOGETHER. ...BEEN ON THE PHONE WITH SEVERAL SOURCES...WE KNOW THAT WE ARE VERY CLOSE…THE RELEASE IS VERY NEAR... IT HAS BEEN A LONG JOURNEY ...YES I HAVE HEARD FROM VERY HIGH SOURCES AND WE ARE BEING TOLD IT SHOULD BE SOON... WHAT DOES SOON MEAN... IT COULD BE THIS WEEK... I HAVE HEARD NUMBERS WERE COMING OUT MAYBE TODAY IS WHAT SOME SOURCES HAVE SAID... WE MAY BE IN THE BANK THIS WEEK.
7-10-2019 Intel Guru MarkZ [via PDK] Reno people think today will be Value Day...no more can kicking...In Iraq- no report of new rates there yet...My folks in Europe…in Zurich are in a holding pattern but expect to exchange at any moment...Looks like another day of sitting on the edge of our seats...
7-10-2019 Intel/Newshound Guru Mnt Goat ...Dr. Ali Mohsen Al-Alaq, the governor of the Central Bank of Iraq today...does not have the experience needed to run such a system as the Central Bank of Iraq. The system is very political even though it is supposed to be independent. ...So Alaq’s head is on the chopping block too and his days are numbered...The committee has selected the new CBI director/governor candidate already. He must first get ratified by parliament to get into the “permanent” position. Dr Shabibi and the World Bank is back in Iraq and working closely with this situation so we know they are VERY. VERY serious about moving ahead on the project to delete the zeros...
7-10-2019 Intel Guru Bruce [via PinkRoses] As far as what we are waiting for, it appears everything did get completed. However, this afternoon we were still looking for brand new rates coming up on screens at the bank and the Redemption Centers... and looking for new Forex rates to come up...I am hearing things from a couple of different sources that believe very strongly that tomorrow [Wednesday] is our so-called revalued day... I was told after those new rates come up on those bank screens, the Redemption Center screens, we would be in line to get the toll=free numbers...We shall see where it goes.
7-10-2019 Newshound/Intel Guru Mnt Goat Article: "IRAQ HAS PAID 48.3 BILLION DOLLARS COMPENSATION TO KUWAIT SO FAR" ...so the big question on everyone’s minds is will this effect the RV? Do we have to wait until 2021 for these sanctions to be off Iraq when all this money is paid to Kuwait? The answer is NO if the deal with Kuwait to give them gas in exchange for the remaining balance of $4.1 ($52.4 minus $48.3). We have been told this is the case. [post 1 of 2....stay tuned]
7-10-2019 Intel Guru Eagleone2025 [via PDK] ...THERE HAS BEEN ALOT OF TROUBLE IN BRINGING THIS TOGETHER. ...BEEN ON THE PHONE WITH SEVERAL SOURCES...WE KNOW THAT WE ARE VERY CLOSE…THE RELEASE IS VERY NEAR... IT HAS BEEN A LONG JOURNEY ...YES I HAVE HEARD FROM VERY HIGH SOURCES AND WE ARE BEING TOLD IT SHOULD BE SOON... WHAT DOES SOON MEAN... IT COULD BE THIS WEEK... I HAVE HEARD NUMBERS WERE COMING OUT MAYBE TODAY IS WHAT SOME SOURCES HAVE SAID... WE MAY BE IN THE BANK THIS WEEK.
7-10-2019 Intel Guru MarkZ [via PDK] Reno people think today will be Value Day...no more can kicking...In Iraq- no report of new rates there yet...My folks in Europe…in Zurich are in a holding pattern but expect to exchange at any moment...Looks like another day of sitting on the edge of our seats...
7-10-2019 Intel/Newshound Guru Mnt Goat ...Dr. Ali Mohsen Al-Alaq, the governor of the Central Bank of Iraq today...does not have the experience needed to run such a system as the Central Bank of Iraq. The system is very political even though it is supposed to be independent. ...So Alaq’s head is on the chopping block too and his days are numbered...The committee has selected the new CBI director/governor candidate already. He must first get ratified by parliament to get into the “permanent” position. Dr Shabibi and the World Bank is back in Iraq and working closely with this situation so we know they are VERY. VERY serious about moving ahead on the project to delete the zeros...
7-10-2019 Intel Guru Bruce [via PinkRoses] As far as what we are waiting for, it appears everything did get completed. However, this afternoon we were still looking for brand new rates coming up on screens at the bank and the Redemption Centers... and looking for new Forex rates to come up...I am hearing things from a couple of different sources that believe very strongly that tomorrow [Wednesday] is our so-called revalued day... I was told after those new rates come up on those bank screens, the Redemption Center screens, we would be in line to get the toll=free numbers...We shall see where it goes.
7-9-2019 Intel/Newshound Guru sandyf ...I read an article today that stated the visit from the UN told Iraq if they didn't follow the sanctions against Iran, they would be put BACK INTO chapter 7 plus sanctions...so they are NOT in chapter 7. Sanctions/Restrictions against any country, entity or individual can come about under different Chapters of the UN Charter. Chapter 7 provides the authority to deal with violations by force, whereas Chapter 6 requires resolution by peaceful means. If I remember right under Chapter 8 matters are resolved by local agencies. ...matters can start off under one chapter and then be transferred to another as happened with the Kuwait missing persons.
7-9-2019 Newshound/Intel Guru Mnt Goat ...my advice is relax. Let Sadr run his magic. He is on our side and wants the reinstatement just as bad if not more than us. He is working for reforms within Iraq. Remember his party/coalition won the election in 2018 and he ran on anti-corruption and reform agenda. He seated Mahdi and so the new PM must do what the coalition stands for - REFORMS. [post 2 of 2]
7-9-2019 Newshound/Intel Guru Mnt Goat ...why would parliament form a separate finance committee...just to look into the matter of corruption in the CBI and currency auctions and as to why the Financial Management law is not being administered and implemented. It has been passed for weeks now. Why would they do this if the RV was already scheduled to go? Another reason why no RV was going to happen - The Department of Economic Studies... held a scientific symposium entitled "Change in the value of the Iraqi currency, benefits and costs"...held on 7/4/2019... Why would they do this if the RV was already scheduled to go? [post 1 of 2....stay tuned]
7-9-2019 Intel Guru MarkZ Rumors from Reno…that west coast time when banks all close tonight the numbers will be released... so we could possibly have news this evening after 9 est. ...there is a big push to get us the 800 numbers today...They are expecting people to do banking by tomorrow… [Is there still some news that makes you confident that you are not sharing with us?] Yes… still some news I cannot share. ...I am still expecting “Christmas in July”. [What is the status on Redemption Centers...? Are they on high alert...?] My contacts are at work today and going over new protocals….and I was told if the rate is released later in the week they would be open on Saturday. No news of a new rate from Iraq yet.
7-9-2019 Newshound Guru Mnt Goat Many of you still ask me about 800#...You ask if all of this is really going to happen. I have said it before and I am saying it again. There are already 800# published. The banks already have currency exchange centers within the banks and you can call their numbers anytime you want. There are no other special numbers planned. Get it? How many times must I talk about this? But why would you call anyhow now not since the rate is still too low.
7-9-2019 Intel Guru Frank26 [via loby777] "we are now at a "close encounter with the RI"!!
7-9-2019 Intel Guru Eagleone2025 [via PDK] I HAVE TALKED TO SOME HIGH SOURCES I AM HEARING VERY GOOD RATES. THE WHOLE THING IS COMING TOGETHER. THINGS ARE MOVING FAST, BANKS ARE LOOKING GOOD...GET READY THIS WEEK IS LOOKING VERY GOOD...
7-9-2019 Newshound/Intel Guru Mnt Goat ...my advice is relax. Let Sadr run his magic. He is on our side and wants the reinstatement just as bad if not more than us. He is working for reforms within Iraq. Remember his party/coalition won the election in 2018 and he ran on anti-corruption and reform agenda. He seated Mahdi and so the new PM must do what the coalition stands for - REFORMS. [post 2 of 2]
7-9-2019 Newshound/Intel Guru Mnt Goat ...why would parliament form a separate finance committee...just to look into the matter of corruption in the CBI and currency auctions and as to why the Financial Management law is not being administered and implemented. It has been passed for weeks now. Why would they do this if the RV was already scheduled to go? Another reason why no RV was going to happen - The Department of Economic Studies... held a scientific symposium entitled "Change in the value of the Iraqi currency, benefits and costs"...held on 7/4/2019... Why would they do this if the RV was already scheduled to go? [post 1 of 2....stay tuned]
7-9-2019 Intel Guru MarkZ Rumors from Reno…that west coast time when banks all close tonight the numbers will be released... so we could possibly have news this evening after 9 est. ...there is a big push to get us the 800 numbers today...They are expecting people to do banking by tomorrow… [Is there still some news that makes you confident that you are not sharing with us?] Yes… still some news I cannot share. ...I am still expecting “Christmas in July”. [What is the status on Redemption Centers...? Are they on high alert...?] My contacts are at work today and going over new protocals….and I was told if the rate is released later in the week they would be open on Saturday. No news of a new rate from Iraq yet.
7-9-2019 Newshound Guru Mnt Goat Many of you still ask me about 800#...You ask if all of this is really going to happen. I have said it before and I am saying it again. There are already 800# published. The banks already have currency exchange centers within the banks and you can call their numbers anytime you want. There are no other special numbers planned. Get it? How many times must I talk about this? But why would you call anyhow now not since the rate is still too low.
7-9-2019 Intel Guru Frank26 [via loby777] "we are now at a "close encounter with the RI"!!
7-9-2019 Intel Guru Eagleone2025 [via PDK] I HAVE TALKED TO SOME HIGH SOURCES I AM HEARING VERY GOOD RATES. THE WHOLE THING IS COMING TOGETHER. THINGS ARE MOVING FAST, BANKS ARE LOOKING GOOD...GET READY THIS WEEK IS LOOKING VERY GOOD...
7-8-2019 Intel Guru MarkZ [via PDK] [800 numbers yet?] The Rumor is they could go overnight tonight or early morning as well.
7-8-2019 Newshound Guru MilitiaMan Article: "Rafidain Bank launches its approach to change and renewal at the station" Quotes: "...to start the banking business in accordance with the applications of the new electronic banking system..."; "...Iraq is about to move to a new stage in overcoming the stage of the financial crisis and economic to a new stage..." So they have prepared the tellers with new technology and methodology. They prepared them for the start of a new electronic banking system. I'll bet one that is prepared for the new currency we await. The new system has ATMs. They are expecting from the looks of it plenty of cash deposits. They'll be ready for them to help with the new ATMs functionality. They are wanting them to realize they are at the forefront now and for good reason. Ushering in change and literally will be making change...imo!
7-8-2019 Intel Guru Eagleone2025 WE ARE BEING TOLD THAT WE ARE VERY CLOSE TO THIS RELEASE. D.C. CONTACTS AND MILITARY HAVE ALL SAID THIS SHOULD BREAK THIS WEEK BY WED. WE HOPE TO BE IN THE BANKS. BANKING CONTACTS HAVE SAID THAT THEY ARE HEARING THIS WEEK FOR APPOINTMENTS...WE WAIT AND SEE...REMEMBER THIS IS A DAY BY DAY PROCESS. AGAIN WED. AT BANKS ARE LOOKING GOOD. EUROPE CONTACT SAID HE HEARD WE SHOULD IN BANKS THIS WEEK. HOLD ON TO YOUR CURRENCY...MAKE SURE YOU KNOW WHO YOU ARE DEALING WITH. DO NOT TAKE PIC OF CURRENCY AND DO NOT PASS THEM ON TO ANYONE.
7-8-2019 Intel Guru MarkZ This weekend has been very slow for news until early this morning... I have...not had time to vet it all. I have some news I cannot say that makes me confident that at least the rest of the world will be going tomorrow and the US shortly after...although we still hope we all go together. ...Rumors from the banking side is we may see 800 numbers this afternoon. [Status on Redemption Centers today?] They did not work this weekend…but have reported to work bright and early today. Dong rate rumor I heard it will start at .47 at the street and float up to its final value of around $2.27. This should not effect those of us calling the 800 numbers. Rumored dinar rate are pretty fantastical...not sure I believe it...Contract rates $28 for the first 10 million...
7-8-2019 Newshound Guru chattels Article: "Distribution of the instruments of Article 140 on Kurdish families" The allocation /distribution of funds to Kurds under article 140 is part of the first phase in the process. There remains at least the requirements of a census and referendum. Article 140 involves three stages. The first, normalization, has a compensatory payment factor to it. The next two are a census and a referendum to determine inclusion in the KRG. There are reports of a census in 2020, but there is an argument over whether it is/ can be used as the article 140 census. It is possible that the recent news was about funding for the census. [Note: Article 140 is on the guru list of possible remaining to do's...you can see the full list in the Resource Bar on the left of this page.]
7-8-2019 Newshound Guru Whitelions Article: "Distribution of the instruments of Article 140 on Kurdish families" wooo hoooo...good news.
7-8-2019 Newshound Guru MilitiaMan Article: "Rafidain Bank launches its approach to change and renewal at the station" Quotes: "...to start the banking business in accordance with the applications of the new electronic banking system..."; "...Iraq is about to move to a new stage in overcoming the stage of the financial crisis and economic to a new stage..." So they have prepared the tellers with new technology and methodology. They prepared them for the start of a new electronic banking system. I'll bet one that is prepared for the new currency we await. The new system has ATMs. They are expecting from the looks of it plenty of cash deposits. They'll be ready for them to help with the new ATMs functionality. They are wanting them to realize they are at the forefront now and for good reason. Ushering in change and literally will be making change...imo!
7-8-2019 Intel Guru Eagleone2025 WE ARE BEING TOLD THAT WE ARE VERY CLOSE TO THIS RELEASE. D.C. CONTACTS AND MILITARY HAVE ALL SAID THIS SHOULD BREAK THIS WEEK BY WED. WE HOPE TO BE IN THE BANKS. BANKING CONTACTS HAVE SAID THAT THEY ARE HEARING THIS WEEK FOR APPOINTMENTS...WE WAIT AND SEE...REMEMBER THIS IS A DAY BY DAY PROCESS. AGAIN WED. AT BANKS ARE LOOKING GOOD. EUROPE CONTACT SAID HE HEARD WE SHOULD IN BANKS THIS WEEK. HOLD ON TO YOUR CURRENCY...MAKE SURE YOU KNOW WHO YOU ARE DEALING WITH. DO NOT TAKE PIC OF CURRENCY AND DO NOT PASS THEM ON TO ANYONE.
7-8-2019 Intel Guru MarkZ This weekend has been very slow for news until early this morning... I have...not had time to vet it all. I have some news I cannot say that makes me confident that at least the rest of the world will be going tomorrow and the US shortly after...although we still hope we all go together. ...Rumors from the banking side is we may see 800 numbers this afternoon. [Status on Redemption Centers today?] They did not work this weekend…but have reported to work bright and early today. Dong rate rumor I heard it will start at .47 at the street and float up to its final value of around $2.27. This should not effect those of us calling the 800 numbers. Rumored dinar rate are pretty fantastical...not sure I believe it...Contract rates $28 for the first 10 million...
7-8-2019 Newshound Guru chattels Article: "Distribution of the instruments of Article 140 on Kurdish families" The allocation /distribution of funds to Kurds under article 140 is part of the first phase in the process. There remains at least the requirements of a census and referendum. Article 140 involves three stages. The first, normalization, has a compensatory payment factor to it. The next two are a census and a referendum to determine inclusion in the KRG. There are reports of a census in 2020, but there is an argument over whether it is/ can be used as the article 140 census. It is possible that the recent news was about funding for the census. [Note: Article 140 is on the guru list of possible remaining to do's...you can see the full list in the Resource Bar on the left of this page.]
7-8-2019 Newshound Guru Whitelions Article: "Distribution of the instruments of Article 140 on Kurdish families" wooo hoooo...good news.
7-7-2019 Intel/Newshound Guru sandyf People should note that Iraq was effectively removed from UN Chapter 7 in 2013 when the Kuwait missing persons issue was transferred to Chapter 6. Quote: "the United Nations Security Council decided on 29 June to address the remaining question of missing Kuwaiti persons and property under Chapter VI, i.e. by peaceful means. Iraq’s only remaining Chapter VII obligation is the payment to Kuwait of 8.5 billion euros, which is to be completed in 2015 if Iraq maintains the current pace of reimbursements. The UNSC decision therefore closes, both literally and figuratively, a painful chapter in Iraq’s history" There are still Chapter 7 sanctions in place against Iraqi individuals and entities but that has no bearing on Iraq as a country.
7-7-2019 Newshound Guru MilitiaMan As at this stage...I don't think we have ever been in such a good place as we see now from what they CBI is telling us. They clearly state the positive effects of the reduction in the Iraqi Dinar is to be good for the global economy. They are telling us imo they have to raise the rate and in fact they go so far to state they made the decision to do so already. By doing a reduction in Iraqi Dinar (raising the value) they have to stop the auctions as we know them. That is flat out pressure, if not mainly saying get ready we have to now raise the rate internationally, as we decided to reduce the auctions to once a week by reducing the Iraqi Dinar. The CBI is talking powerfully with what they are saying...imo. [post 2 of 2]
7-7-2019 Newshound Guru MilitiaMan Article quotes: "...the reduction of the Iraqi dinar and its impact on the Iraqi economy, some describe this reduction as support for the global economy..."; "...there were comments from the audience and views and proposals on the decision to reduce the Iraqi dinar..." there is far more that I am excited about and for very good reason...imo. Here are a few of them [quotes] that clearly suggest they are raising the value of the IQD and not next year. They would implode from inflation. They are quitting the auctions thus, they have to raise the rate and pronto. Very clear and concise..imo. [post 1 of 2....stay tuned]
7-7-2019 Newshound Guru MilitiaMan As at this stage...I don't think we have ever been in such a good place as we see now from what they CBI is telling us. They clearly state the positive effects of the reduction in the Iraqi Dinar is to be good for the global economy. They are telling us imo they have to raise the rate and in fact they go so far to state they made the decision to do so already. By doing a reduction in Iraqi Dinar (raising the value) they have to stop the auctions as we know them. That is flat out pressure, if not mainly saying get ready we have to now raise the rate internationally, as we decided to reduce the auctions to once a week by reducing the Iraqi Dinar. The CBI is talking powerfully with what they are saying...imo. [post 2 of 2]
7-7-2019 Newshound Guru MilitiaMan Article quotes: "...the reduction of the Iraqi dinar and its impact on the Iraqi economy, some describe this reduction as support for the global economy..."; "...there were comments from the audience and views and proposals on the decision to reduce the Iraqi dinar..." there is far more that I am excited about and for very good reason...imo. Here are a few of them [quotes] that clearly suggest they are raising the value of the IQD and not next year. They would implode from inflation. They are quitting the auctions thus, they have to raise the rate and pronto. Very clear and concise..imo. [post 1 of 2....stay tuned]
7-6-2019 Newshound/Intel Guru RVAlready As soon as everyone quits inventing petty reasons for holding this up, and concentrated on the enormous benefits of getting this done, we will see prosperity. Hopefully, this is on the cusp of occurring.
7-6-2019 Newshound Guru chattels "The improvement in relations between the KRG and the federal government in Baghdad has created good conditions for foreign companies to invest ", Lutes said..." “We know that Iraq and the Kurdistan Region of Iraq are at a pivotal moment. We think it is an opportune time for American companies to be looking to come in to invest and do business...” I used to say that as Kurdistan goes, so goes our investment. What I meant and mean is that Baghdad - Erbil relations are key to socio-economic stability and a functional government, IMO. Does the foregoing article mean that we have arrived at such a point? No. but hope springs eternal.
7-6-2019 Newshound/Intel Guru Mnt Goat Article: "AMENDMENT OF THE BUDGET INCLUDES TAKING A PLEDGE FROM PRIME MINISTER ADEL ABDUL MAHDI TO RESOLVE THE POSITIONS OF PROXY BY OCT 1st." ...look at his deadline date – Oct 1st.
7-6-2019 Newshound Guru chattels "The improvement in relations between the KRG and the federal government in Baghdad has created good conditions for foreign companies to invest ", Lutes said..." “We know that Iraq and the Kurdistan Region of Iraq are at a pivotal moment. We think it is an opportune time for American companies to be looking to come in to invest and do business...” I used to say that as Kurdistan goes, so goes our investment. What I meant and mean is that Baghdad - Erbil relations are key to socio-economic stability and a functional government, IMO. Does the foregoing article mean that we have arrived at such a point? No. but hope springs eternal.
7-6-2019 Newshound/Intel Guru Mnt Goat Article: "AMENDMENT OF THE BUDGET INCLUDES TAKING A PLEDGE FROM PRIME MINISTER ADEL ABDUL MAHDI TO RESOLVE THE POSITIONS OF PROXY BY OCT 1st." ...look at his deadline date – Oct 1st.
7-5-2019 Newshound/Intel Guru Mnt Goat Article: "CBI ENCOURAGES BANKS IRAQ TO DEPLOY ELECTRONIC PAYMENT TOOLS REPRESENTED BY ATM AND POS" Note this article DOES NOT say that the lower denominations (1, 5,10,25,100,.25, .50, etc..) are now available in the ATMs.
7-5-2019 Intel Guru Eagleone2025 [via PDK] ...REMEMBER THIS IS A DAY BY DAY PROCESS. GOOD INTEL BAD INTEL... WE ARE WAITING TO HEAR FROM TREASURY... WHEN EVERYTHING IS IN PLACE THE RELEASE WILL COME.
7-5-2019 Intel Guru MarkZ [via PDK] So here we are sitting here all dressed up for the dance and the DJ hasn’t shown up. Rumors are they have punted us until Monday…Rumors that Redemption centers are manned all weekend…I am still hearing from Europe they are planning on exchanging on Tuesday. Just a lot of unsubstantiated rumors out there today.
7-5-2019 Newshound Guru MilitiaMan Article: "Deposit of intermediary companies" Quote: "...the necessity of only one deposit a week by companies mediating the sale and purchase of foreign currencies for the purpose of buying the dollar from the window of buying and selling foreign currency..." This is a slam dunk! The auctions have been stopped as we knew them as of today. Timing?
7-5-2019 Newshound/Intel Guru Mnt Goat So, we are waiting for them to announce the new governor of the CBI. Many sources believe this is needed before going ahead again on the project to delete the zeros, as least to the final stages we are looking for. My guess is this may be the case. Good news is that the CBI is pressuring now ALL the banks to start up their ATMs and use POS to conduct business instead of cash. We have known about this objective since 2011 so this is nothing new. However, to see the CBI really pushing this now may mean they are starting their last drive in this direction... This to me says the final part of the project to delete the zeros is underway.
7-5-2019 Intel Guru RayRen98 We did NOT receive 800 numbers nor any announcements of the RV. Some Call Centers were manned today ...just in case something "Big" happened. Reportedly, the sequestered banking staff were given the day off and told to return "first thing" in the morning [Friday]. Multiple rates are now being seen....to fit the situation...I suppose. ..."ain't gonna happen on a Friday" theory just might prove false...Time Will Tell.
7-5-2019 Intel Guru Eagleone2025 [via PDK] ...REMEMBER THIS IS A DAY BY DAY PROCESS. GOOD INTEL BAD INTEL... WE ARE WAITING TO HEAR FROM TREASURY... WHEN EVERYTHING IS IN PLACE THE RELEASE WILL COME.
7-5-2019 Intel Guru MarkZ [via PDK] So here we are sitting here all dressed up for the dance and the DJ hasn’t shown up. Rumors are they have punted us until Monday…Rumors that Redemption centers are manned all weekend…I am still hearing from Europe they are planning on exchanging on Tuesday. Just a lot of unsubstantiated rumors out there today.
7-5-2019 Newshound Guru MilitiaMan Article: "Deposit of intermediary companies" Quote: "...the necessity of only one deposit a week by companies mediating the sale and purchase of foreign currencies for the purpose of buying the dollar from the window of buying and selling foreign currency..." This is a slam dunk! The auctions have been stopped as we knew them as of today. Timing?
7-5-2019 Newshound/Intel Guru Mnt Goat So, we are waiting for them to announce the new governor of the CBI. Many sources believe this is needed before going ahead again on the project to delete the zeros, as least to the final stages we are looking for. My guess is this may be the case. Good news is that the CBI is pressuring now ALL the banks to start up their ATMs and use POS to conduct business instead of cash. We have known about this objective since 2011 so this is nothing new. However, to see the CBI really pushing this now may mean they are starting their last drive in this direction... This to me says the final part of the project to delete the zeros is underway.
7-5-2019 Intel Guru RayRen98 We did NOT receive 800 numbers nor any announcements of the RV. Some Call Centers were manned today ...just in case something "Big" happened. Reportedly, the sequestered banking staff were given the day off and told to return "first thing" in the morning [Friday]. Multiple rates are now being seen....to fit the situation...I suppose. ..."ain't gonna happen on a Friday" theory just might prove false...Time Will Tell.
7-4-2019 Intel Guru Eagleone2025 WE ARE IN A VERY GOOD POSITION I TALKED TO THREE BANKERS INCLUDING EXCHANGE BANKERS THAT HAS SAID WE ARE VERY CLOSE…BANKERS WORKING TOMORROW INTO WEEKEND ALL NEXT WEEK THEY ARE BEING TOLD TO MAN CENTERS...
7-4-2019 Intel Guru MarkZ [Are we getting 800 numbers today?] We will be watching closely today after the president speaks...hearing it could be anytime after...we will be enjoying the 4th celebrations and hope we get them today ...My contacts at Redemption centers will be working tomorrow… From Iraq- No new rates as of yet... [Rate]...for the dong I...expect between $.47 to $2 range...this is what makes sense to me.
7-4-2019 Newshound/Intel Guru Mnt Goat Article quote: "...the delegation of the Security Council, which visited Baghdad yesterday DID NOT DISCUSS THE ISSUE OF LIFTING IRAQ FROM CHAPTER VII." ...this is BIG...We just learned that Iraq is not “fully” out of Chapter VII. It is the provisions to repay Kuwait. But didn’t Kuwait accept a deal to repay with gas sent from Iraq? Isn’t Iraq even building a pipeline to do so? So we see all of this must be recognized still by the UN security council and they voted on to lift “all” of Chapter VII sanctions. So yes, this could be part of the holdup in letting the reinstatement go. But why are they bringing this up now? They are bringing this up now because the Sadr movement want to move ahead and do the reinstatement and get the CBI to complete the project to delete the zeros. Not wait any longer… But there are pieces to this that still must be clean up.
7-4-2019 Intel/Newshound sandyf The IQD is an Article 14 currency, so where does out of Article 8 come into it. Iraq needs to move to Article 8 for the IQD to gain guaranteed redemption and become internationally recognized. This move would make the currency Partially Convertible, a currency has to be heavily involved in international trade for many years to be recognized as Fully Convertible. Article 14 currencies change value all the time but they are not traded on the lower forex markets only the higher corporate levels. Companies that do handle Article 14 currencies do so at their own risk.
7-4-2019 Intel Guru MarkZ [Are we getting 800 numbers today?] We will be watching closely today after the president speaks...hearing it could be anytime after...we will be enjoying the 4th celebrations and hope we get them today ...My contacts at Redemption centers will be working tomorrow… From Iraq- No new rates as of yet... [Rate]...for the dong I...expect between $.47 to $2 range...this is what makes sense to me.
7-4-2019 Newshound/Intel Guru Mnt Goat Article quote: "...the delegation of the Security Council, which visited Baghdad yesterday DID NOT DISCUSS THE ISSUE OF LIFTING IRAQ FROM CHAPTER VII." ...this is BIG...We just learned that Iraq is not “fully” out of Chapter VII. It is the provisions to repay Kuwait. But didn’t Kuwait accept a deal to repay with gas sent from Iraq? Isn’t Iraq even building a pipeline to do so? So we see all of this must be recognized still by the UN security council and they voted on to lift “all” of Chapter VII sanctions. So yes, this could be part of the holdup in letting the reinstatement go. But why are they bringing this up now? They are bringing this up now because the Sadr movement want to move ahead and do the reinstatement and get the CBI to complete the project to delete the zeros. Not wait any longer… But there are pieces to this that still must be clean up.
7-4-2019 Intel/Newshound sandyf The IQD is an Article 14 currency, so where does out of Article 8 come into it. Iraq needs to move to Article 8 for the IQD to gain guaranteed redemption and become internationally recognized. This move would make the currency Partially Convertible, a currency has to be heavily involved in international trade for many years to be recognized as Fully Convertible. Article 14 currencies change value all the time but they are not traded on the lower forex markets only the higher corporate levels. Companies that do handle Article 14 currencies do so at their own risk.
7-3-2019 Intel Guru MarkZ A lot of folks are saying we are at high alert... everywhere...I'm pretty excited at where we are at. We have heard 800 numbers may be out after Trump makes his announcements tomorrow. One exchange center is on call tomorrow and the others are being told to come to work Friday and Saturday Morning. Everyone worldwide seem to be very excited for President Trumps Announcements tomorrow.
7-3-2019 Newshound Guru Adam Montana I hope you understand how huge this is for Iraq. They are one of the founding members of OPEC. The 2nd largest producer in the group. Iraq is agreeing to support these cuts. But they did not agree to join the group in their cuts. This gives Iraq carte blanche - complete freedom - to increase their production on a moment's notice, revalue their currency, and corner the market while they rake in cash to cover their "expenses". They may be operating on an increased production as we speak, stocking up hidden stores of oil in preparation for a huge push to bring in a massive amount of capital to cover the RV. There is more than one way to skin a cat, as they say, and that's just one aspect. The above is certainly an oversimplification of the big picture, but the fact remains - Iraq is nodding in agreement with the cuts, but they have never committed to it. NOT. ONE. TIME. [post 3 of 3]
7-3-2019 Newshound Guru Adam Montana Iraq is noted as the second largest producer... wait, what? We're talking about BLACK GOLD here, one of the most valuable commodities on the planet. And Iraq is #2... yet the currency they use is currently over 1000X weaker than the US dollar. Collectively, OPEC nations have over 80% of the world's known oil reserves... yet Iraq, the 2nd largest producer in that group, has a currency that would require 2000 pieces of it to buy a loaf of bread at your corner store. OPEC as a group agreed to keep oil production low, to stimulate oil prices. The majority of the members placed their name on the list of participants in this endeavor when it was originally voted on. The majority of the members did that... Iraq specifically did NOT. [post 2 of 3....stay tuned
7-3-2019 Newshound Guru Adam Montana Interesting times right now. GOI members are playing very nicely... The G20 didn't produce any immediately exciting news that I've ran across, but it didn't bring us anything bad either. Back in the news, and worth a review, is the current OPEC agreement. Article: "OPEC deal important for oil market stability: Iraqi PM" Important notes in that article: 1. Iraq is the 2nd largest oil producer in OPEC. (Does it make sense that it's currency is valued so low?) 2. The production limitation agreement has been extended for 9 months - to boost the price of oil, rather than overproduce and drive the prices down. The amount of time the agreement has been extended isn't as important as the mere fact that it IS extended. Oil is hovering just under that $60 mark, and the stability is a great thing. Stable oil prices = comfortable accountants = solid footing to RV. (Yes, the accountants have a say!) [post 1 of 3....stay tuned]
7-3-2019 Intel Guru Eagleone2025 ...MY BANKING SOURCES HAVE TOLD ME THIS VERY CLOSE...
7-3-2019 Intel Guru MarkZ [via PDK] We are still hearing from banking sources that they are expecting to get this out the door the week of the 4th...which we are in the middle of and also still hearing they expect to start exchanges on Friday...My people at redemption centers say they are not working on Thursday...so none of them are expecting anything until Friday... I have no idea why Iraq doesn’t just go ahead and RV without everyone else...they are done…they are ready...If I were them I would just do it.
7-3-2019 Intel Guru Bruce [via PinkRoses] ...We know that in Iraq, Iraq has a $7 rate on their screens which we believe is an in-country rate and possibly an International rate, but our rate here should be higher...I think it will be better than we thought... ...in the morning [Wednesday], they will announce and have their rate in place. ...I believe what I am hearing...that we are looking good for toll-free numbers possibly to come out tomorrow [Wednesday]...I got essentially 3 confirmations that are saying 800 numbers tomorrow...I have a really good sense we are really right on this. I am not calling it, but I am telling you we are going to get this in the next day or so.
7-3-2019 Newshound Guru EHankins Frank26 quote: "IMO ... MAYBE ON THE 4TH ... T [Trunp ?]MAY IGNITE OUR CURRENCY AS WELL" IMO... this possibility does not surprise me at all...
7-3-2019 Newshound Guru Adam Montana I hope you understand how huge this is for Iraq. They are one of the founding members of OPEC. The 2nd largest producer in the group. Iraq is agreeing to support these cuts. But they did not agree to join the group in their cuts. This gives Iraq carte blanche - complete freedom - to increase their production on a moment's notice, revalue their currency, and corner the market while they rake in cash to cover their "expenses". They may be operating on an increased production as we speak, stocking up hidden stores of oil in preparation for a huge push to bring in a massive amount of capital to cover the RV. There is more than one way to skin a cat, as they say, and that's just one aspect. The above is certainly an oversimplification of the big picture, but the fact remains - Iraq is nodding in agreement with the cuts, but they have never committed to it. NOT. ONE. TIME. [post 3 of 3]
7-3-2019 Newshound Guru Adam Montana Iraq is noted as the second largest producer... wait, what? We're talking about BLACK GOLD here, one of the most valuable commodities on the planet. And Iraq is #2... yet the currency they use is currently over 1000X weaker than the US dollar. Collectively, OPEC nations have over 80% of the world's known oil reserves... yet Iraq, the 2nd largest producer in that group, has a currency that would require 2000 pieces of it to buy a loaf of bread at your corner store. OPEC as a group agreed to keep oil production low, to stimulate oil prices. The majority of the members placed their name on the list of participants in this endeavor when it was originally voted on. The majority of the members did that... Iraq specifically did NOT. [post 2 of 3....stay tuned
7-3-2019 Newshound Guru Adam Montana Interesting times right now. GOI members are playing very nicely... The G20 didn't produce any immediately exciting news that I've ran across, but it didn't bring us anything bad either. Back in the news, and worth a review, is the current OPEC agreement. Article: "OPEC deal important for oil market stability: Iraqi PM" Important notes in that article: 1. Iraq is the 2nd largest oil producer in OPEC. (Does it make sense that it's currency is valued so low?) 2. The production limitation agreement has been extended for 9 months - to boost the price of oil, rather than overproduce and drive the prices down. The amount of time the agreement has been extended isn't as important as the mere fact that it IS extended. Oil is hovering just under that $60 mark, and the stability is a great thing. Stable oil prices = comfortable accountants = solid footing to RV. (Yes, the accountants have a say!) [post 1 of 3....stay tuned]
7-3-2019 Intel Guru Eagleone2025 ...MY BANKING SOURCES HAVE TOLD ME THIS VERY CLOSE...
7-3-2019 Intel Guru MarkZ [via PDK] We are still hearing from banking sources that they are expecting to get this out the door the week of the 4th...which we are in the middle of and also still hearing they expect to start exchanges on Friday...My people at redemption centers say they are not working on Thursday...so none of them are expecting anything until Friday... I have no idea why Iraq doesn’t just go ahead and RV without everyone else...they are done…they are ready...If I were them I would just do it.
7-3-2019 Intel Guru Bruce [via PinkRoses] ...We know that in Iraq, Iraq has a $7 rate on their screens which we believe is an in-country rate and possibly an International rate, but our rate here should be higher...I think it will be better than we thought... ...in the morning [Wednesday], they will announce and have their rate in place. ...I believe what I am hearing...that we are looking good for toll-free numbers possibly to come out tomorrow [Wednesday]...I got essentially 3 confirmations that are saying 800 numbers tomorrow...I have a really good sense we are really right on this. I am not calling it, but I am telling you we are going to get this in the next day or so.
7-3-2019 Newshound Guru EHankins Frank26 quote: "IMO ... MAYBE ON THE 4TH ... T [Trunp ?]MAY IGNITE OUR CURRENCY AS WELL" IMO... this possibility does not surprise me at all...
7-2-2019 Intel Guru footforward Everything is lining up for exactly what I expected when it's RV time. I've said for years it would be absolute chaos. Wars. Looking like the end of time. This is going to happen...
7-2-2019 Newshound Guru Whitelions ...they DO NOT NEED TO BE OUT OF IT [Article 8] TO GAIN VALUE IN THE DINAR did I say that loud enough...if they did they would not have done all the stuff they have done so far they would have taken care of that already...
7-2-2019 Intel Guru MarkZ A tremendous amount of things happened overnight...a lot of positioning happened...Based on the action happening right now...we may see “Value Day” very, very soon. Maybe as soon as late today or tomorrow. Value Day means “800 number day” ...they should happen moments from each other. What makes the most sense to me and some good sources is 800 numbers by tomorrow and appointments start on Friday...IMO. Iraq does not have the new rate...yet. [I’ve heard that there’s only 2 rates for the Dinar 1) Within 15 cents of the Kuwaiti Dinar 2) $28.50 contract rate...!] I have heard the same thing from several different sources...so that may be true...I would be beyond excited if this is true. [What is the status of the Redemption Centers] They are staffed this week…at least the ones I know personally...except on the 4th...but they are waiting to exchange us still this week...
7-2-2019 Intel Guru Frank26 Article: "The new salary scale will be within the 2020 budget" Quote: "The salary scale will come into effect through the 2020 budget, which can not be implemented at the present time because of the lack of financial allocations within this year's budget," IMO...MAYBE ON THE 4TH...T [TRUMP ?] MAY IGNITE OUR CURRENCY AS WELL.
7-2-2019 Newshound/Intel Guru Mnt Goat The PM still needs to get the education minister ratified by the parliament and this is still scheduled for this week to be completed, maybe a vote today.
7-2-2019 Newshound Guru Whitelions ...they DO NOT NEED TO BE OUT OF IT [Article 8] TO GAIN VALUE IN THE DINAR did I say that loud enough...if they did they would not have done all the stuff they have done so far they would have taken care of that already...
7-2-2019 Intel Guru MarkZ A tremendous amount of things happened overnight...a lot of positioning happened...Based on the action happening right now...we may see “Value Day” very, very soon. Maybe as soon as late today or tomorrow. Value Day means “800 number day” ...they should happen moments from each other. What makes the most sense to me and some good sources is 800 numbers by tomorrow and appointments start on Friday...IMO. Iraq does not have the new rate...yet. [I’ve heard that there’s only 2 rates for the Dinar 1) Within 15 cents of the Kuwaiti Dinar 2) $28.50 contract rate...!] I have heard the same thing from several different sources...so that may be true...I would be beyond excited if this is true. [What is the status of the Redemption Centers] They are staffed this week…at least the ones I know personally...except on the 4th...but they are waiting to exchange us still this week...
7-2-2019 Intel Guru Frank26 Article: "The new salary scale will be within the 2020 budget" Quote: "The salary scale will come into effect through the 2020 budget, which can not be implemented at the present time because of the lack of financial allocations within this year's budget," IMO...MAYBE ON THE 4TH...T [TRUMP ?] MAY IGNITE OUR CURRENCY AS WELL.
7-2-2019 Newshound/Intel Guru Mnt Goat The PM still needs to get the education minister ratified by the parliament and this is still scheduled for this week to be completed, maybe a vote today.
7-1-2019 Intel Guru MarkZ Iraq does not have a new live rate on the streets as of yet. We are still at high alert...but news is all over the place...I still think it’s a perfect storm for this RV/GCR to happen at anytime...banks are failing everywhere...they have to get this reset out the door now. [Has the live rate been established?] I was told it has.
7-1-2019 Newshound/Intel Guru Mnt Goat Article: "LAUNCH OF THE MASTER CARD AFTER PROVIDING ELECTRONIC SHOPPING TO LOCAL AND INTERNATIONAL MARKETS" So any new international credit/debit card will need FOREX to find the rate first when converting to the country’s currency you are in when outside the country thus international. This is how it works. ...So the questions is this - will they have the new reinstated rate on FOREX shortly for these cards to work internationally?
7-1-2019 Newshound/Intel Guru RVAlready I suspect that Trump has signed off on the RV, and turned it over to the treasury. ...the big international treasurers meeting in Iraq today. I do not expect anything that could tip anyone off that this is happening. Clearly, those running the show want minimum exposure. Hopefully, as with Kuwait, the average person will never know there was an RV.
7-1-2019 Newshound/Intel Guru Mnt Goat Article: "PARLIAMENTARY MOVE TO RAISE THE PRICE OF THE DINAR AND MAINTAIN THE STABILITY OF INFLATION" Quote: “THE CHANGE WILL RAISE THE EXCHANGE RATE OF THE IRAQI DINAR AGAINST FOREIGN CURRENCIES while maintaining the stability of inflation in the country” this means to put the dinar on a float. To do this means reinstating the dinar on FOREX. Quote: “The Commission is DETERMINED TO MAKE THESE CHANGES DURING THE NEXT PHASE and NOT TO FOLLOW THE TRADITIONAL METHODS ARE NOT APPROPRIATE AT THE MOMENT.” “TRADITIONAL” means the current currency auctions will go away as they use today.
7-1-2019 Newshound/Intel Guru Mnt Goat Article: "LAUNCH OF THE MASTER CARD AFTER PROVIDING ELECTRONIC SHOPPING TO LOCAL AND INTERNATIONAL MARKETS" So any new international credit/debit card will need FOREX to find the rate first when converting to the country’s currency you are in when outside the country thus international. This is how it works. ...So the questions is this - will they have the new reinstated rate on FOREX shortly for these cards to work internationally?
7-1-2019 Newshound/Intel Guru RVAlready I suspect that Trump has signed off on the RV, and turned it over to the treasury. ...the big international treasurers meeting in Iraq today. I do not expect anything that could tip anyone off that this is happening. Clearly, those running the show want minimum exposure. Hopefully, as with Kuwait, the average person will never know there was an RV.
7-1-2019 Newshound/Intel Guru Mnt Goat Article: "PARLIAMENTARY MOVE TO RAISE THE PRICE OF THE DINAR AND MAINTAIN THE STABILITY OF INFLATION" Quote: “THE CHANGE WILL RAISE THE EXCHANGE RATE OF THE IRAQI DINAR AGAINST FOREIGN CURRENCIES while maintaining the stability of inflation in the country” this means to put the dinar on a float. To do this means reinstating the dinar on FOREX. Quote: “The Commission is DETERMINED TO MAKE THESE CHANGES DURING THE NEXT PHASE and NOT TO FOLLOW THE TRADITIONAL METHODS ARE NOT APPROPRIATE AT THE MOMENT.” “TRADITIONAL” means the current currency auctions will go away as they use today.
6-30-2019 Newshound/Intel Guru RVAlready If
that update is true, it means the RV has been signed off by Trump, The queen of
England, the PM of Iraq, and the head of the IMF. [reference Guru
RayRen98 post 6-30-2019.]
6-30-2019 Newshound Guru MilitiaMan Article: "Al-Shamma: Administrative stability raises the financial sector" Quote: "...in order to stabilize the monetary policy we need stability of the administration, and here we can indicate the stability of exchange rates in Iraq during the past years..." Fairly sure this one has the making of the blessing from or of the UST to go ahead and tell the world via media your coming out from under the final sanctions and you have our blessing to raise the rate..
6-30-2019 Intel Guru Delta ...LET ME TELL YOU A STORY...ONCE UPON A TIME A LITTLE BIRDY TOLD ME CHRISTMAS WILL BE IN JULY...THAT WAS THE END OF THE STORY...
6-30-2019 Newshound/Intel Guru RVAlready It is logical for this to happen tomorrow - June 30. It is the end of the quarter, and no US or European banks are open. So, they close the month at one rate, and open the new month at a new rate. Nice and clean for everyone.
6-30-2019 Intel Guru RayRen98 Monday's Parliament session should yield the confirmation of the Minister of Education. A "special" meeting with the CBI is planned for Sunday in Iraq. The following are expected to be in attendance: the former Financial Minister, the US Treasury Secretary, the UK Treasury Secretary, Dr. Shabibi and representatives from the IMF and the World Bank. [hmmmm, I wonder what THAT could be about?] ...Some US banks are anticipating release of 800 numbers on Sunday for the purpose of making appointments for Monday. The "skuttle butt" is rapidly spreading across the community...Time Will Tell if they are "finally" correct this time. Some banking employees are being told to report to work on Sunday...[huh???] I'm liking this.
6-30-2019 Newshound Guru MilitiaMan Article: "Al-Shamma: Administrative stability raises the financial sector" Quote: "...in order to stabilize the monetary policy we need stability of the administration, and here we can indicate the stability of exchange rates in Iraq during the past years..." Fairly sure this one has the making of the blessing from or of the UST to go ahead and tell the world via media your coming out from under the final sanctions and you have our blessing to raise the rate..
6-30-2019 Intel Guru Delta ...LET ME TELL YOU A STORY...ONCE UPON A TIME A LITTLE BIRDY TOLD ME CHRISTMAS WILL BE IN JULY...THAT WAS THE END OF THE STORY...
6-30-2019 Newshound/Intel Guru RVAlready It is logical for this to happen tomorrow - June 30. It is the end of the quarter, and no US or European banks are open. So, they close the month at one rate, and open the new month at a new rate. Nice and clean for everyone.
6-30-2019 Intel Guru RayRen98 Monday's Parliament session should yield the confirmation of the Minister of Education. A "special" meeting with the CBI is planned for Sunday in Iraq. The following are expected to be in attendance: the former Financial Minister, the US Treasury Secretary, the UK Treasury Secretary, Dr. Shabibi and representatives from the IMF and the World Bank. [hmmmm, I wonder what THAT could be about?] ...Some US banks are anticipating release of 800 numbers on Sunday for the purpose of making appointments for Monday. The "skuttle butt" is rapidly spreading across the community...Time Will Tell if they are "finally" correct this time. Some banking employees are being told to report to work on Sunday...[huh???] I'm liking this.
6-28-2019 *** Dinar Guru Newsflash *** PM Mahdi sent a new name for the Minister of Education to be voted on by parliament . Unfortunately, this person was denied. This means the government is still not officially formed. What's not completely clear at this point is whether Mahdi included a name to parliament for a permanent Central Bank of Iraq governor. The name being reported is Ali Abdul Allawi. There was intel about a possible change at the CBI several months back...now it appears a change may be near. Stay tuned as the gurus chime in on this surprising news. The latest guru posts will continue below...
6-29-2019 Intel/Newshound Guru tman23 ...I posted month or so ago about replacing the CBI governor...that doesn't come until September 28th so ignore all the other chatter... I told you this was happening month ago and now you are seeing it in print...
6-29-2019 Newshound Guru MilitiaMan ...The amount of data that supports this going sooner than later is imo as blatant as it gets. Take the UN for instance. They came to Iraq for a meeting that is the first of it's kind and affirms support for her sovereignty...With that sovereignty comes her currency. I have a hard time believing they showed up for a historic event to tell the world Iraq is international now at a program rate still...I am sure they are not celebrating today and tomorrow about lifting the last barrier to be a piece of concrete. Symbolic as it may be, but, lifting the barriers on the sovereignty of Iraq and her currency is far more likely and far more symbolic globally...
6-29-2019
6-29-2019 Newshound Guru MilitiaMan ...The amount of data that supports this going sooner than later is imo as blatant as it gets. Take the UN for instance. They came to Iraq for a meeting that is the first of it's kind and affirms support for her sovereignty...With that sovereignty comes her currency. I have a hard time believing they showed up for a historic event to tell the world Iraq is international now at a program rate still...I am sure they are not celebrating today and tomorrow about lifting the last barrier to be a piece of concrete. Symbolic as it may be, but, lifting the barriers on the sovereignty of Iraq and her currency is far more likely and far more symbolic globally...
6-29-2019