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New to the Iraqi Dinar? Start Here: Biggest Dinar Myths & Secrets Exposed
( Updated: )
Official Central Bank of Iraq (CBI) Dinar Rate:1310 IQD to 1 USD Dinar Market Rate:1475.14 IQD to 1 USD - Are Rates IMF 2% Rule Compliant for 90 Days: NO (maintained market rate: Mar. 15, 2018 to 4-20-2020 | 12-20-2020 to 5-26-21 | 6-16-2021 to Unknown date) Dinar Guru "RV" Meters
( Updated: )
Dinar Gurus who feel Dinar will RV within days...
26% Dinar Gurus who feel the Dinar will NOT "Change" until certain "things" are accomplished...
74% Dinar Gurus who feel the Dinar will FLOAT "slowly" upward instead of RV...
37% Dinar Gurus' Official Master List of Possible Major " To Do's ":
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8-28-2024 Newshound Guru Militia Man Iraq has some of the largest deposits of phosphates and sulfur...massive world class gold supply...rare Earths...liquid natural gas and they have...tourism... They all generate income... The Development Road Project...you're going to find taxes and tariffs at the borders. There's going to be a lot of revenue, a lot...Back in Saddam Husain era [the dinar] was around $3.22. It may have been considered a little bit overpriced, should have been more about $2.80...It's at 1310 right now! There's a big difference. Now you have to add all those things I just mentioned. The valuation of a country. That's what they have to do... Sudani wasn't lying when he said the dinar is going to be stronger than the dollar...
8-28-2024 Intel Guru MarkZ [via PDK] Comment: Wealth manager sent out memo saying the dinar is a scam. MarkZ: Well if it is a scam - Trump invested in it, Warren Buffet invested in it…the US treasury has invested in it. I believe even George Soros has invested in it…and almost every central bank around the world has invested in it. So if it is a scam…well, all the smartest people in the world fell for it. Read last night's Dinar Guru updates below...
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8-27-2024 Intel Guru RayRen98 REPORTEDLY, THE "U.N."-RELATED DELAY HAS BEEN RESOLVED. SOME 3 LTRS ARE SAYING "LOOK TO THE AM" FOR SOME EXCITING REALIZATIONS.
8-27-2024 Newshound Guru Militia Man Obviously the budget is going to need to have an exposure of an exchange rate. After all these months, 8 months, 9 months, 10 months, why haven't they gone international at 1310? Why haven't they been put on the Forex at 1310 so they can...pay for all the roads, pavement, buildings, schools and try to find investors to physically come in with not a freedom of capital movement? I don't think they're ever going to be able to do that without having a Real Effective Exchange Rate. 8-27-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Not seeing anything about the lower notes but...Saleh was on TV talking about how hard it is to stabilize a currency saying many things go into this and said the dinar is stable now and secure...He is opening up more to us on the progress of the monetary reform... FRANK: They give you all this monetary reform education because they are about to give you your purchasing power from it. If the purchasing power was not coming to you they would never have promised it to you in their speeches and you wouldn't be seeing your country exploding the way it is right now. 8-27-2024 Intel Guru MarkZ [via PDK] I am not hearing we are waiting until after the election. 8-27-2024 Newshound/Intel Guru Walkingstick [Iraqi bank friend Aki update] New York is to remove the red tape that the United Nations is still holding on the banks of Iraq that are not participating in the monetary reform. These sanctioned banks may stay sanctioned or be shut down completely. It really doesn't matter to the monetary reform process but this is something that is needed to be done. 8-27-2024 Newshound Guru Breitling I went from I believe in this 100% to I'm on the fence. I still think it's going to happen but these guys need to watch their shit because we're not screwing around. Do you understand how big these moves are that we've made? ...We're financially containing our enemies in the Middle East and doing our best to help our friends flourish in the same region. That's a tough juggle...We're going to penalize Iraq...I haven't jumped ship yet... 8-27-2024 Newshound/Intel Guru Fnu Lnu With the RV drawing near, the crazies are coming out of the woodwork...First of all, The redemption centers ARE the same as the banks. They are merely off premises due to an expected increase in traffic. They are not separate entities. Secondly..."The Law of One Price"...states an instrument cannot be sold in different markets at different prices. In other words, the "redemption Centers" (banks) are NOT going to offer you an exchange rate three times what the "Banks" give you. IT IS ILLEGAL! The rate will be the rate no matter where you go. The only thing that may differ is the percentage of the fee. This fee is usually 2% but that isn't etched in stone. 8-27-2024 Intel Guru RayRen98 ...MORE US BANK STAFFERS ARE REPORTING SIGNING "NDA'S" ARE CLAMMING UP... ANOTHER PROVINCE HAS BEEN REPORTED HAVING "LOWER DENOMS" BEING DISTRIBUTED IN SOME MANNER, AWAITING FURTHER COMPLETE DETAILS, IF ANY....IF WHAT THEY'RE TELLING ME IS TRUE...SOME OF YOU ARE GONNA GO TO SLEEP WEALTHY $$$$$$...IT'S YOUR SEASON....TO BE BLESSED!! 8-27-2024 Newshound Guru Militia Man Article "Iraq is the 9th largest buyer of gold in 2024" If they clawed back enough money to help buy 100 tons of gold, man, there's been some heavy, heavy corruption. I'm assuming their recent income from non-oil revenues has had something to do with it as well. 8-27-2024 Intel Guru MarkZ [via PDK] I am certainly hearing we are just waiting for the switch to be pulled….and this is going to be an amazing week and we are going to see great things...Rumors are bouncing all over…even with the groups...but substantial news is a little slim…. From the group leaders there are tons of rumors about the immediacy of this thing. Including the rumors that money is positioned and they will start doing smaller groups as early as today. ...But until we can substantiate them…right now…it’s all just rumors...We will wait to see what happens before we get to excited. Things are certainly heating up. 8-27-2024 Newshound Guru Samson Article: " 'Theft of the Century' Draws Transparency International to Baghdad" 8-27-2024 Intel Guru Frank26 Article: "Is Iraq headed toward printing new currency?" One of the executive levels of Iraqi Bank told us, don't pay attention to this. It doesn't make any sense...We spent over $50 million printing the lower notes. We're not printing. When a country has high inflation, you print more currency, you add more zeros. Our inflation is 1%, maybe less than 1%. We already printed the currency we want, the lower notes. 8-27-2024 Newshound/Intel Guru Walkingstick [Iraqi bank manager in Dearborn Michigan update] Aki talks to the CBI and he knows what's going on. He was very surprised we have not asked him about the pictures that are being shown on [Iraqi] television of the lower notes... [We] trust Aki very much. Every time Aki shares something...it comes out. 8-27-2024 Newshound Guru Militia Man Pay attention to what goes on in New York City in the next 24 to 48 hours... 8-27-2024 Newshound/Intel Guru Mnt Goat Article: “IS IT TIME TO REMOVE THE ZEROS?” Article Quote: "...with the use of electronic payment operations, the environment will be mature and acceptable for the idea of implementing the decision to delete zeros, and the process will be automatic without the citizen feeling it.” ...the CBI wants this event to be almost transparent and smooth to the citizens...the solution is to digitize, then this will enable them to switch out the currency almost seamless to the citizens...They must implement the digitization program first in ALL banks... Iraq is optimistic in getting the electronic initiative completed sooner than later. They are not talking about years. 8-27-2024 Intel Guru MarkZ [via PDK] Question: wouldn't it be beneficial for Iraq to revalue sooner than later especially since what a 23 24 25 budget has been passed but yet we're nearly into 25 and there's nothing that's benefiting them? MarkZ: it would be beneficial for them to revalue sooner. I can tell you that they want to. Get caught up on past updates below and if you are not a dinarguru.com alert list yet now is a great time to do it...It's free as always and only takes a sec...If you invested in the dinar and spend time on the site you don't want to miss something very important because you're not on the list. Click here to get on the list now.
8-26-2024 Newshound Guru Militia Man Article: "Iraq is the 9th largest buyer of gold in 2024" They had 132 tons in 2023. In 2024 they're telling you they just bought 100 tons of gold this year. Where did they get all the money for that? ...All of a sudden they have enough money to buy at...$2,500 an ounce? 100 tons? You gotta go, what!?! What does it do? ...What it does is it supports the value of their future real effective exchange rate...
8-26-2024 Newshound Guru Clare Article: "To resolve the issue of banks “deprived of the dollar.” Al-Alaq will return to Washington soon" 8-26-2024 Newshound Guru Samson "Economist indicates 'solution' 'will lower' dollar exchange rate" 8-26-2024 Intel Guru Frank26 The new lower notes and the new exchange rate will revolutionize the whole Middle East, let alone the whole world...The monetary reform is the linchpin. It's the trigger. It's the button that will be pushed to change financial structures around the world...We investors of the dinar have a backup for a backup in order to survive this global financial change... 8-26-2024 Newshound Guru Kaperoni Article 1: "Is it time to remove the zeros?" Article 2: "Is Iraq heading towards printing new paper currency?" These articles discuss a LOP...Iraq is converting to digital currency over time removing the paper money. 8-26-2024 Intel Guru RayRen98 [via Twitter/X] ...Verified lower denom locations...Province 8 Baghdad, Province 11 Najaf, AND possibly Province 1 Duhok up near Turkey. [Reference RayRen98 post 8-25-2024 below] 8-26-2024 Guru Nader From The Mid East Community comment: "Iraq is not a safe country." Why? United States a safe country? When you look at Chicago, Philadelphia, New York and all that you think it's safe? Fear. Everywhere it's bad and good are everywhere...Tell you the truth it's safer in Iraq than Chicago. Visit the country and then judge. You cannot judge because you heard something on the news or somebody told you something. I was there two weeks ago. I've been going back and forth. My kids been going back and forth. Everybody's been happy. 8-26-2024 Intel Guru MarkZ [via PDK] We have Al Alag (Governor of the CBI) in New York right now…he arrived overnight in New York…I hear from contacts at the Treasury that after meeting with financial people all week…the rumor is he will have a short diversion to DC mid week... So we have a delegation from the Central Bank of Iraq over here including the Governor of the CBI. I cannot imagine they came all this way to only discuss the 4 or 5 banks the Fed has an issue with as they clean up corruption. IMO there is something bigger going on. The whole world needs this... I think its good news for us that they are here. 8-26-2024 Newshound Guru Militia Man Article quote: "At this time there is no acute problem regarding cash liquidity" There's no need to print new currency...They've yet to do anything different. They spent about $50 million in printing currency and it wasn't triple zero notes. There's no reason for it. You can't spend $50 million while you're burning up money to print new ones, especially if they were perfectly good. 8-26-2024 Newshound Guru Clare Article: ”More than 100 tons.. Iraq is the ninth largest buyer of gold in 2024" Quote: "Iraq bought 100 tons of gold this year, coming in ninth out of the top 10 countries buying gold this year...as interest in buying gold is growing amid rising geopolitical tensions and economic fluctuations...The precious metal hit an all-time high of $2,531.75 an ounce after breaking above $2,500...amid growing expectations that the Federal Reserve is close to cutting interest rates." 8-26-2024 Newshound Guru Samson Article: "To resolve the issue of banks "deprived of the dollar"... Al-Alaq to Washington soon" 8-26-2024 Intel Guru Frank26 Right now 1 dinar is not even one [U.S.] penny. It's like 9/10 of a penny but soon 1 dinar will be equal to at least $1.00. Did I say it will paired? No...It will be equal to at least, they told you, $1.00. I got a feeling it might be $1.30 because they kept the exchange rate at 1310. Let's see what happens...In country at least $1.00 in value, not 1 penny in value, will give you [Iraqi citizens] purchasing power...It's different for you [The rest of the world]...you're going to watch the float... 8-26-2024 Newshound Guru Militia Man The United States is going to say we're ready to go. We're not playing games anymore...we're going to do it our way. Iraq either you're on board or you're not on board...No wonder those guys are barking...because the parallel markets are going to go away and fast. They know what they need to do. Change the value of their currency and no one's going to want their [black market] USD. They're going to know the Iraqi dinar is going to be powerful just like Sudani said... 8-26-2024 Intel Guru MarkZ [via PDK] “Iraq moves to profit sharing and new oil contracts” This is a few days old but they are changing how they work their strategic partnerships. They are distributing pieces and parts from ongoing revenue from oil – if you invest on those projects. This means they are looking for very long term investments both in and outside the country. This points toward long term stability. I was told this is an important leg for the RV. They will become a regional powerhouse and influencer. 8-26-2024 Intel Guru Bruce [via WiserNow] we heard about a couple of things regarding rates. I mentioned...that the contract rate on the dinar would be offered to you...it is just under hundo right now, and it's on its way to that number should be there by the time we go in for changes...And really, we've seen increases in the Dong as well...You guys are going to be very happy at the redemption centers with the rates...the screen rates at the redemption centers are going to be three times higher than the bank rate on the dinar and what you get on the dong will be approximately twice as much per dong at the redemption center as it would be at the bank...I know that for a fact, because we've been seeing what the rates are... |