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Found 788 results

  1. 4-5-2020 *** Dinar Update *** The CBI official market rate for the dinar has not been updated since 3-16-2020 - The last reported market rate is 1203.455. Several gurus have mentioned the market rate has increased (which means the value has gone down) in certain Iraqi markets. We're waiting to see what the CBI reports when they officially update. 4-5-2020 Newshound/Intel Guru Walkingstick [via Frank26] We told you the CBI would explain the reasons for the currency exchange rate change and the changing of the auctions with the American dollar. That is exactly what they're doing...we thought two days to see this instead we see the urgency to accomplish these two important crucial steps in the monetary reform in the unstoppable lava flow...things are happening at the speed of light. These meetings are now dealing with these two powerful subjects that we only have dreamed about that they would talk about let alone talk to the citizens about. And they're happening fast.. 4-5-2020 Newshound Guru Jeff IMO I think that they're now entering into week 4 for the RI rate change process...and I've told you that I felt through faith that I sensed that the rate would change approximately Easter Sunday April 12th. Notice how the week we're entering into Iraq magically has the cabinet lineup for votes. The's so perfect it's not coincidence...they made it unfold just like a soap opera. So magically perfect...they're telling you they're gonna finish the formation of the government this week. Then they'll change the rate next weekend. Then right after the rate changes parliament will be ready to start the approval process of the budget sometime around the second half of April. That's not coincidence. That's all strategically planned. 4-5-2020 Intel/Newshound Guru tman23 ...There is economic calamity and it is world wide . That being said, IMF released a statement saying it will be worse than 12 years ago. Buckle crew, looks like a global reset could be reality and that is the only dinar savior. Never bought into the reset but it’s sure looking that it’s on the table and very likely... we are going to find out shortly because it’s really very soon or NEVER. 4-5-2020 Intel Guru Frank26 Article 1: "Central Bank: The dollar appreciation will end this week". Article 2: "Central Bank Information: The rise in the dollar exchange rate will end this week" ...I don't know whether to cry or to cry. Really?! If it ends then you gotta raise the value of your currency. And it tells you that's what they're's so powerful. Quote "We're to use 75% in dollars and 25% in dinars." ...they were using 100% of the dollar and now its only 75% of it. Guess what it'll be next week...IMO the new small category notes and the coins is in the might be upon us very quickly... 4-5-2020 Newshound/Intel Guru Walkingstick [via Guru Frank26] ...we told you they would continue the education of the monetary reform to the citizens... And the CBI now today explains the reasons of the change in their currency exchange rate...these meetings are still going on. The two criteria are the auctions to stop and change how they use the American dollar and their currency exchange rate against the American dollar. These are the topics of discussion going on right now...this meeting started earlier today [Saturday]... They're talking about the IQD. The powerhouses are talking about the monetary reform in a series of chronological events. They're having a powwow so they can tell the citizens...this whole thing is ongoing. It's hot...this thing is moving fast for a reason. 4-5-2020 Newshound Guru Pimpy ...the more I read these articles the more apparent it looks like they're heading possibly to civil war. There's a lot of threats going on. We know that Trump has a new approach to Iraq that is they want them to put their big-boy pants on and want them to kick the training wheels off and they wanted to start doing away with these Iran backed militia groups. As a matter of fact Trump has put together a task force to go in there and start removing far as the dinar is concerned it's going to happen sooner or later. I know a lot of us want it to happen very soon and that's still a high probability...I anticipate Iraq to really really grow into who we think they should be and that is one of the wealthiest nations in the world... 4-5-2020 Newshound Guru Jeff Article "Central Bank: The dollar's appreciation will end this week" ...they're basically saying during the current week they're gonna try to implement some steps to reduce the high exchange rate or high value of the U.S. dollar. They're telling you roughly somewhere during next week or even within a week that they're trying to... devalue the dollar within the country of Iraq... [Thursday's Article said] they're basically saying around the next official holiday Iraq will increase their exchange rate...this article is telling you the same thing. That within about a week they're gonna curb the value of the dollar and reduce it. You've got two articles telling you the same thing from two different angles...that's amazing information. 4-5-2020 Newshound Guru Kaperoni Progress appears to be made on formalizing the new government and prime minister. A vote seems likely next week.
  2. 4-4-2020 Newshound/Intel Guru RVAlready I think CBI has been consistently trying to make the RV happen. On the other hand, since they are signatories to the GCR, once the price of oil goes back up, I think the UN will force the RV, independent of what Iraq is saying. I think the world has had enough of Iraq politics. And the UN will tell them all when to react... Really...!!..??
  3. 4-4-2020 Newshound Guru Pimpy Article: "Al-Zarfi challenges the Shiite force and requests an appointment for the confidence session." This guy is ready to get in there..."the Prime Minister designate Zarfi said Friday that he will present his government program to parliament tomorrow Saturday with the request to set the date for the session to give confidence to his government..." I feel like finally we're gonna get what we want and that is a prime minister in there with his government...he has a really good relationship with America and the Trump Administration. And this guy is not a fan of Iran...Iraq is starting to look like it's stabilizing a little bit. With this new PM going in there. With this new government going in there. And Trump going in there removing the influence and the grip of the Iranian people. Let's just hope it's time... 4-4-2020 Newshound Guru Kaperoni A couple of weeks ago A member of parliament came out in two articles that the central bank was about to float the currency. We never heard anything further other than those two articles. Last week the Central Bank of Iraq announced that they were going to stop the auctions temporarily. This is had a negative effect on the dinar market rate as it provides a balance between dinars and dollars as well as providing a source of dollars to pay for foreign imports. As of today the market rate in Iraq has dropped to 1260 to $1. This is a direct result of a lack of dollars available in the marketplace...(post 1 of 2)... 4-4-2020 Newshound Guru Kaperoni We know from past history that when the exchange rate gets out of whack it takes many months to get it back in line using the traditional auction. So the CBI statement today is very interesting. The CBI announced today that this weak dinar will change soon. And at the same time a member of parliament today stated that they stopped the auctions in preparation to float. Though none of this is definitive it is very interesting and the pieces sound compelling that they may be going to float in very short order. But we'll just have to wait and see...(post 2 of 2)...
  4. 4-2-2020 Newshound Guru Pimpy ...these billionaires meet in Davos. They meet there once a year. A lot of you guys know about these meetings and of these guys is a very influential financial advisor was giving a speech and someone wrote an article about the speech...what the man went on to say was this. He actually made fun of so-called "currency gurus". He bashed them 7 ways to Sunday. But as soon as he was done bashing them he kindly said afterwards having said all the negative things he said the gurus actually got two of them correctly. He said the Iraqi dinar and the Vietnam dong in his opinion were great investments and thought that some of his people should invest in them as well. He only touched on the two currencies for a fraction of a minute then he went on to...remind everybody that when the Kuwait dinar changed it created a lot of millionaires...there was a bump in the economy and a slight one because it wasn't as well know as the Iraqi dinar one but it created a lot of millionaires. He said but within 5 months 86% of these millionaires were flat broke. Flat broke...from time to time I read that article again just so I can hear his words so that it reminds me of what NOT to do once the RI or RV hits for our currencies... 4-2-2020 Newshound Guru Adam Montana [ the US is giving the American people money for a Stimulus Package why would it not make sense that the GOI RV to help their citizens...] Iraq has a stimulus built in and ready to go! I don't mean to sound jaded, but I don't expect Iraq to do it for "the citizens". It's not going to get done "for the people" - but it will get done, and many will benefit, including the little people... This is taken from another site that follows Adam's opinions and posts snippets from them. You can find Adam's full chat in our DV Chat Logs Forum at link: Adam Montana Weekly 1 April 2020
  5. 3-27-2020 Newshound Guru Jeff ...this is a brokerage firm [Al Karmal]... they're affiliated with the ISX stock trading. They received a correspondent from the main government of Iraq...Quote: "The trading session will be held on 12th April 2020 as the ISX announcement today"...the bottom sentence says the trading session will be held on April 12th...There's another securities company that said the same thing. It's an official announcement from another securities company - Rabee Securities...Quote: "...the next trading session will resume on April 12th"...this is two official email releases. Two stock brokerage. One securities...that's huge. Remember the U.S. did not stop trading stocks within the U.S. Not one other country has stopped electronic trading due to coronavirus yet Iraq has...Iraq's economy to reopen exactly on the same time frame that Donald Trump has. Trump has Iraq's economy timed with our economy...I have now confirmed to you with solid factual proof that all of the [Iraq's] financial markets are going to be closed for a period of 4 weeks...the longest I've ever seen their ISX shut down in 11 years is no more than a week...this is huge confirming news... 3-27-2020 Intel Guru Frank26 IMO I don't believe the auctions are gonna come back again with the American dollar the way they've been using them. I believe this window is a bridge that has allowed them to change exactly in the direction that they want. They're going to add value to their currency, enter the international world. Their currency will be up on FOREX and traded internationally... 3-27-2020 Newshound Guru Adam Montana Article: "Corona may revitalize the Iraqi economy .. Baghdad is on the cusp of exemptions from foreign debt payments" Another financial article...regarding Iraq's debt obligations - a few comments were made about how this could be a doorway to a GCR. While I don't subscribe to a universal "reset" happening, there are some valid portions of the theory... and the current global financial situation is edging closer and closer to something big happening, which could easily incorporate a major increase in the Dinar. All they would be doing is piggybacking on larger events, and this is a real possibility. When the world is at it's craziest, and all focus is elsewhere...suddenly..! This is taken from another site that follows Adam's opinions and posts snippets from them. Adam sometimes comments on someone's post, plus he posts a weekly chat on Wednesdays. You can find Adam's latest full chat in our DV Chat Logs Forum at: Adam Montana Weekly 25 March 2020 That's it for now ... maybe something more by Midnight..! RON
  6. 3-26-2020 Newshound Guru Adam Montana We've been through a bit of a rollercoaster over the last few weeks and months, between the Kung Flu and the (old/new/quit/appointed/current) Iraqi Prime Minister (currently Adnan al-Zurufi), but we aren't forgetting about one of the biggest reasons for the recent Iraqi shake-up: Iran. A giant positive to reflect on right now is the lack of Iran in the news. One of the most recent items of note regarding Iran was their last ditch effort to hold on to power... and as I suspected, it seems to be falling flat. Keep your eyes on the prize, my friends... keep your eyes on the prize. Sometimes the most important news is what is NOT being talked about. This is a good thing. Also a good thing, and something that is not written yet, is the part on the wikipedia page about the upcoming rate change and Zurufi's role in the implementation. This is taken from another site that follows Adam's opinions and posts snippets from them. You can find Adam's full chat in our DV Chat Logs Forum at: Adam Montana Weekly 25 March 2020 3-26-2020 Newshound Guru Pimpy ...the PM just got the green light to establish his cabinet. And that came from the big block - the pro Iranian people... Good Morning DV .... Be Safe and Be Blessed .... RON
  7. 3-24-2020 Newshound Guru Pimpy I think once this coronavirus starts to subside a little bit you're gonna see some very very very quick actions. A lot of movement in Iraq. I really think they cannot continue to exist this way without a rate change. Whether they get to reinstate at $3.22 or whether I'm right and it's gonna be somewhere around $1.34... 3-24-2020 Newshound Guru Jeff ..."I didn't say the rate changed". I said, "the rate change process started". We are in the middle of the rate change process right now. It has started...IMO we are approaching the end...! 3-24-2020 Newshound Guru Breitling ...a little bit of privileged information. They kind of have a choice coming up. Do they want to revalue at a certain rate and then when the markets correct itself add value to it and get into the markets at a little bit of a higher rate so they can get gains on it. Because here's the problem, they can add value to their currency today they've always had that ability...but if they're not investing that they're not getting a return on it. They're just keeping their economy afloat...they have to structure this thing to where they can get into the markets...the more that they wait - the more that the market is in the position it's in - the higher the rate you and I get. And that's what's exciting. Because it just accelerated...! 3-24-2020 Intel Guru Frank26 [Question: Is it possible for the RI to be pushed out several months from the coronavirus epidemic?] Of course it is, but the way it's moving right now in the direction that it's going crescendo - peaking - almost over with, manufacturers helping, the whole economic world is not listening 'Oh it's a disaster' instead they're holding back and they're gonna move the moment Trump tells them. [Q? : So is it possible that the RI could be pushed out several months...?] Based on all those things that we've been saying and studying, no I just don't see that. 3-24-2020 Newshound/Intel Guru Mnt Goat Article: "THE US STATE DEPARTMENT REFUSES TO CONSIDER AL-ZARFI AS "SUPPORTED" BY WASHINGTON ONLY BUT RATHER SUPPORTED BASED ON PRINCIPLES FOR IRAQ" Quote: "The United States did not focus on individuals, but rather on principles related to the appointed Iraqi Prime Minister, Adnan Al-Zarfi..." please don’t go off half-cocked thinking this article means that the US does not support the new PM candidate al-Zarfi. This is NOT what it is saying. Instead Mr. Schenker is just down playing the inference that the US is controlling Iraq by supporting the new candidate and a puppet to the US. Instead he wanted to tell everyone the US supports the principles behind the man not just supporting a puppet prime minister...Actually this is really good news! 3-24-2020 Intel Guru Frank26 Question "Now that the auctions have been stopped..." You have to be careful with that. They've been stopped because of the curfew. Because of the virus. Will they come back? Will they come back different? Will they come back at the program rate? Will they come back with only their currency at a program rate or a new rate? This is where we're at with my teams... Question continues. " your opinion is Iraq implementing or planning their next course of action?" Yes. That's what our studies have all been. I believe their next course of action was to stop the auctions. To stop using the American dollar. BUT they did that! So I wonder what they're gonna do next - suddenly..!
  8. 3-23-2020 Newshound Guru Pimpy I agree with Trump. Once we get out of this coronavirus thing our economy is going to slingshot IMO...Trump thinks we're gonna be out of this by April. Well one of the things you could do is change the rate of the Iraqi dinar. We know people are holding it including countries everywhere. You can give the appearance of a stimulated economy... 3-23-2020 Intel Guru Frank26, two, three are the things we've dreamed about for years in order to raise the value of the currency. Security. Stability. Stop the auctions and they're not using the American dollar...if I was Steven Spielberg I don't think I could have even come up with a greater scrip than this for a Hollywood movie. 1-2-3 and then go to the bank honey..! 3-23-2020 Newshound Guru Breitling Iraq can't just add value for no reason. Because any country could just add value to their currency. Why can Iraq add value? Because they are artificially's not a foreseen thing, 'oh, Iraq is just going to add value to their currency.' No. They're correcting the value of their currency. That's actually the correct term. The Iraqi dinar is not at its correct value. They are artificially keeping it low because based on their supply times velocity and how they back up their currency they just print more currency and the value goes down. We have articles that specifically say that. What happens when they pull currency out of their markets? Their value goes up...It's not a far fetched thing that Iraq needs to add value to their currency. A. It's correcting the value of their currency. B. They need to because they have no options... 3-23-2020 Newshound Guru Jeff ...we know that they're not gonna want people coming into the banks regarding the whole coronavirus especially with the lock-downs...we ultimately know that the Trump Administration is in charge and then we know that Iraq's economically is going to start suffering if the rate doesn't change. There could be a solid chance that Iraq and Trump have met in the middle of this. Maybe they agreed to change the rate IMO tentatively agreed to change the rate during the month of April. Because April will start the new fiscal gives the US a chance to implement a lock-down process for say two to three weeks...there could be a good chance they've selected the first half to the middle of April to change the rate... 3-23-2020 Newshound Guru Pimpy ...I got in a dispute with somebody. He keeps telling me that the IMF controls the rate of the Iraqi dinar. They don't control the rate. They make recommendations on monetary policies...The IMF works with the World Trade Organization and works with the United Nations. The United Nation is the one that has the sanctions on Iraq right now. People are going 'no they don't'. Yes they do...the CBI sets the rate under the guidance of the IMF and WTO. It does no good for the rate change if the UN doesn't allow them to be recognized internationally...once the CBI makes the rate change the currency must be recognized internationally. If the GOI had their way the rate would have been set exactly at $3.22. They have been bugging for year to have their rate reinstated...
  9. 3-23-2020 Intel Guru Frank26 Question: "Is it a coincidence that starting April 6th they're going to start sending out stimulus checks and on that same date all other countries have to stop using the dollar? ...I find this April 6th fascinating... 3-23-2020 Newshound Guru Breitling and I are in an absolute phenomenal position...I've been getting emails asking 'How did you know it [oil] was gonna get down to $26 barrel?' ...This is a direct cause by policy. It doesn't matter if the coronavirus came out or not. The coronavirus accelerated it 100% in my mind...we knew we were gonna get to $26 a barrel... Good Morning DV ... Have a blessed day..!
  10. 3-22-2020 Newshound Guru Pimpy there are a lot of people they had bet the house that something was gonna happen between this weekend and the end of the month. Is it possible? Of course it is. There sure are a lot of signs out there that point to something hopefully happening... 3-22-2020 Intel Guru Frank26 [Question: "...Why should we think that because we can no longer see results of the auctions that a public rate change might now be near other than the fact that the oil prices are about to tank their economy?"] ...why shouldn't we expect it? It's based on everything we've seen. Everything we've see is for the reinstatement of the Iraqi dinar value. Everything they've been saying is the definition of the reinstatement of their currency... 3-22-2020 Newshound Guru Jeff ...when you look at what's happening with the coronavirus ultimately the Trump administration is in charge. IMO the Trump administration is not going... to change the rate and allow tons of people to come in to the banks to exchange foreign currency. That's the last thing they're going to allow to happen especially with military lock downs occurring...we do firmly believe we're at the finish line but we have to wait for things like the lock downs regarding the coronavirus to come to an end...I firmly believe we're at the end. 3-22-2020 Newshound Guru Jeff you know the rate has not changed as of yet...when you look at the facts it's very obvious. You don't have to be intelligent or anything to realize what Iraq is doing. Iraq has put their entire economy on hold. They can no longer go any further at this point with their economy until this rate changes...they've pretty much told us they're at the point and ready to change that rate...any forward economic progress is completely waiting on the rate change... 3-22-2020 Intel Guru Frank26 ...the government of Iraq goes out to the International world and they say we need money because we're about to go bankrupt as a country...and the article itself actually said nope. No. Raise the value of your know what to do. Finish your reforms... 3-22-2020 Newshound Guru Jeff ...when you look at what's happening with the coronavirus ultimately the Trump administration is in charge. IMO the Trump administration is not going... to change the rate and allow tons of people to come in to the banks to exchange foreign currency. That's the last thing they're going to allow to happen especially with military lock downs occurring...we do firmly believe we're at the finish line but we have to wait for things like the lock downs regarding the coronavirus to come to an end...I firmly believe we're at the end. 3-22-2020 Newshound Guru MilitiaMan ...The ISX is said to come on line Tuesday. They have had time to change the rate and adjust share pricing, they have had almost a week now to do so and will need the rate ahead of open... IMO That would be hush hush mind you!! Just as is the meeting with Mnuchin and Congress is today.. The timing of this is huge imo!! ...There are no coincidences here.. This is all coming together in sequence.. Sure there has been bumps in the road, but, the perfect storm is here and yet the sun is shining bright..!
  11. 3-22-2020 Intel Guru Frank26 ...the government of Iraq goes out to the International world and they say we need money because we're about to go bankrupt as a country...and the article itself actually said nope. No. Raise the value of your know what to do. Finish your reforms... 3-22-2020 Newshound Guru Jeff you know the rate has not changed as of yet...when you look at the facts it's very obvious. You don't have to be intelligent or anything to realize what Iraq is doing. Iraq has put their entire economy on hold. They can no longer go any further at this point with their economy until this rate changes...they've pretty much told us they're at the point and ready to change that rate...any forward economic progress is completely waiting on the rate change... 3-22-2020 Newshound Guru MilitiaMan ...The ISX is said to come on line Tuesday. They have had time to change the rate and adjust share pricing, they have had almost a week now to do so and will need the rate ahead of open... IMO That would be hush hush mind you!! Just as is the meeting with Mnuchin and Congress is today.. The timing of this is huge imo!! ...There are no coincidences here.. This is all coming together in sequence.. Sure there has been bumps in the road, but, the perfect storm is here and yet the sun is shining bright..! 3-22-2020 Newshound Guru Pimpy there are a lot of people they had bet the house that something was gonna happen between this weekend and the end of the month. Is it possible? Of course it is. There sure are a lot of signs out there that point to something hopefully happening... AND SO, THE BEAT GOES ON..!
  12. 3-21-2020 Newshound Guru MilitiaMan ...I believe from quite a few things that we could point to that supports this is #gameover...We haven’t seen any auctions of late...possibly because they are no longer going to be fed dollars to afford to be able to do them, as Iraq is to cease MCPs per Article 8 requirements of the IMF...So with Alak saying they are not going to devalue, oil having tanked and the dollar being scarce and has to cease being used in the auctions, the rate will have to increase! ...My conversation today with Delta, aside from the turmoil from the cv19, the time frame we are in now is the best I have ever seen to date. I am not alone on that. 3-21-2020 Newshound Guru Pimpy There's a lot of people banking on the dinar changing this feeling [is] the rate change would most likely happen sometime by the end of March or beginning of April...there's plenty of reasons to believe's very quiet out in the dinar land. Are people eagerly waiting to see if it happens or there's a lot of people who were bold enough to go ahead and make that prediction...we don't do dates and we don't do rates, the best that we could do is make an educated guess. No body knows okay but I told you there's many reasons why I felt that it was time for Iraq to go ahead and make the change to the dinar right now more than ever...let's keep our fingers crossed. Let's just pray for those people who've been effected by the corona virus... 3-21-2020 Newshound Guru chattels I had always hoped that Iraq could realize an increase in the value of the dinar by stability, security and sound economic development. Iraq in and of itself has no chance in the near term. Some global realignment may be our only hope for gain in the foreseeable future. 3-21-2020 Newshound Guru Pimpy ...I think what's happening with this whole coronavirus thing - it is crippling economies everywhere. Many people people have invested into the Iraqi dinar. One of the saving graces are gonna be the revaluation of the Iraqi dinar. It's going to give economies everywhere a much-needed boost... ******************* Friday Midnight Opinions ****************** 3-20-2020 Newshound Guru MilitiaMan Article: "Officials: The Iraqi financial crisis may make us borrow from the International Monetary Fund again" Alak tells us that they are wanting to meet with the IMF, yet, the out look there looks bleak and may not bear fruit...The IMF (USA) knows that Iraq has value, can pay it's external debts and with imo the long awaited financial reforms; i.e., a "new exchange rate", not the program rate it is presently at!! So getting the IMF to loan them money when they can Re - Instate the IQD to avert the crisis glaring at them. ...Now it looks like the proper pressures are in place and with oil being the last straw... The relief value needs to be opened..! - imo 3-20-2020 Newshound/Intel Guru Francis Albert The only way UST reserves of Dinar are worth anything is over time, lots of time, that they will exchange for oil in the ground. Folks thinking a Dinar up swing in value is going to suddenly make the U.S. rich just don't understand. Plus, I believe the deal is for $30 per barrel per Dinar. At this rate, that's a looser. And if IQD goes up and American's exchange Dinar at a bank. The UST ends up with the Dinar because the banks will create the dollars to give to us. That's the only way this thing can work. No where else the dollars can come from. The IQD is a debt instrument, like all currencies, a note. FED and banks monetize debt, (create dollars) in exchange for the note. Also known as QE. And the reason the FED will do that is because they get a cut and UST gets the Dinar for "liberating" Iraq...the spoils of war. And UST sucks Iraqi oil in exchange for Dinar till the end of time. 3-20-2020 Newshound Guru Jeff ...I'm strongly of the opinion that the main event is going to be happening this weekend. That's my opinion from my studies... That's all folks...!
  13. 3-20-2020 Newshound Guru Pimpy Article "Association of Private Banks: The recent decisions of the Central Bank contribute to increasing electronic commerce" This guy is talking about how they're trying to get away from dealing in cash because they're trying to stop the spread of the coronavirus... Quote "the central bank of Iraq had taken serious measures to encourage citizens to use electronic payments including making commission zero for their merchants when using points of sale for a period of six months starting today...explained that Iraq's citizens can buy with his or hers bank card from inside or outside Iraq without any commissions in addition to using the official exchange rate approved by the central bank and not the exchange rate in the market." Whoa! What the heck does that mean? ...something is happening... 3-20-2020 Newshound/Intel Guru Francis Albert I don't believe PM, stability, investors etc. has anything to do with he Dinar going International. The Dollar Inc. people, IMF and all Central Banks are running the show and they will do what ever serves them best. Sure U.S. will get a few bones for doing the deed. Good Morning DV....Ron
  14. 3-18-2020 *** Dinar Update *** Multiple gurus and major news outlets are reporting a new prime minister has been appointed by Iraqi President Saleh. Parliament was not able to agree on a nominee so Saleh used his constitutional powers to select Adnan Al-Zurfi. He has 30 days to seat his ministers. But there's talk parliament may be dissolved as stated in the constitution since they are unable to agree on a Prime Minister. Zurfi has stated there will be early election within one year of his official appointment... Stay tuned as this evolves...(REPOSTED).. 3-19-2020 Newshound Guru Pimpy ...all kinds of interesting things happening and I'm not talking about the coronavirus. That's right there's other news besides the dang coronavirus...Article "We are watching the oil market to respond to the Iraqi proposal to hold an OPEC meeting". Looks like Iraq is talking to Russia about coming back to the OPEC+ meeting and seeing about ending this oil war. 3-19-2020 Intel Guru MarkZ [via PDK] We are watching everything play out… It will reset…give us sound money to fix this economy and we will see life get back to enjoyment, and better then ever…I see great hope for our future… 3-19-2020 Newshound Guru Jeff ...the last time that the U.S. government gave financial assistance to the U.S. citizens was back when Kuwait reinstated their currency...we could have approximately two checks coming from our own federal government...maybe April 6th and the second one coming around May 18th which would be financial aid for us. That could be after the Iraq RI rate change.
  15. 3-19-2020 Newshound Guru Kaperoni A significant RV/RI can never happen Because there is to much dinar in circulation. In excess of 42 trillon. Do you know how much that is? That is more than double the entire worlds money supply and more than double the entire mineral assets of Iraq. The low cost of oil is the only thing that may motivate Iraq to stop depending on oil. I hope it stays low. 3-19-2020 Newshound/Intel Guru Mnt Goat Iraq was able to meet its constitution deadline...March 17th for selection of a new designate to put the government together. Tariq Harb said in a special statement to PUKmedia , on Tuesday 3/17/2020, that Imam Al-Zarfi has a period of 30 days to form a government... I still strongly believe that M. Allawi is going to come back as he will ultimately be asked to come back as the candidate again. I still say Allawi will get a second chance at forming the government. I know this may sound silly but watch this play out. He is our third miracle. There is no one else. Good Morning DV
  16. 3-17-2020 Newshound Guru Pimpy Article: "Saleh assigns Adnan Al-Zarfi to form new Government" I talked about this happening and this should not be surprising. I hope they do this...Mahdi has failed to get anything accomplished while he was there. They had a transitional PM, it really went to crap...what I like about this...they should be dissolving the parliament. Quote: "Article 81...stating that if parliament does not vote for him on whom he chooses that any president of the Republic can dissolve the parliament." ... parliament really is the problem. They're not getting anything accomplished because they refuse to work together...I'm happy they're talking about dissolving the parliament. Let's hope that happens. 3-17-2020 Newshound Guru Jeff ...If anyone goes to exchange their dinar right at a bank there's a very good change you're most likely gonna to pay roughly 1% in exchange fees off the top...that would be their fee. One direction I'm gonna go...I'm probably gonna go through Wells Fargo. They have what's called PCS (Private Client Services). I've already talked to my financial adviser over there and he long as there's enough foreign currency involved he can get me a better exchange rate than a traditional bank branch can. So that's one of the routes and directions I'm gonna go when this does happen... [Speak with your own financial advisors and tax professionals at the appropriate time.]
  17. 3-16-2020 Newshound Guru Jeff Article: "The Iraqi market stops the organization of trading sessions and trading activity in securities as of tomorrow" That would mean of the things we've been looking for them to stop the ISX...they did not tell us how long trading will be stopped or ended for what period of time and we would need to know we approach or reach the rate change one of the things we've always looked for is for them to end trading in close proximity to the rate change. Reason why is they can't really change the rate while the markets are open because the markets work off of the rate...They are trading off the value of the currency. We've always looked for them to shut down the stock kind of preluder...beginning point... 3-16-2020 Intel Guru Delta Article: "Iraq market: stop the organization of trading sessions and trading activity in securities as of tomorrow" Quote: "...the suspension of stock dealings from Tuesday 2020/3/17 to enable brokerage and investment companies to complete financial adjustments between them - starting again on 2020/3/24." THEY LET THE CAT OUT OF THE BAG...THEY ARE SAYING THEY ARE CLOSING TRADING FOR ONE WEEK BECAUSE OF CORONA...THEN THEY ARE SAYING COMPANIES TO COMPLETE FINANCIAL ADJUSTMENT...ANOTHER HUGE AND AMAZING ARTICLE...
  18. 3-17-2020 Intel Guru BobTheTaxMan As you have probably seen, the situation in Iraq is getting desperate. Oil prices are below $30 now, they are cutting all government employees income by half, and their government is scrambling to come up with an answer. While they can not broadcast anticipating a gain in their currency to the public, every indicator is they are seriously considering that option. (At least that would make the most sense.)... 3-17-2020 Intel Guru Frank26 Question? : What's the next thing that we should look for? The GOI to make a move or will the CBI go on with the reinstatement instead of waiting for the GOI to catch up? ...I'm looking for the new Prime Minister. And I hope with a budget and a rate and if not I'm looking for the Prime Minister and then I want him to show me his cabinet...[then] how about now we get the new rate for the budget...
  19. 3-15-2020 Newshound Guru Jeff What are we waiting on? What have been the holdups? ...there's a lot more to the coronavirus than just a virus...when the rate does change its gonna spike the US markets...IMO they had to use the bring the markets down so when the rate does change it can shoot back up.... 3-15-2020 Intel Guru RayRen98 Iraqi TV in Baghdad is broadcasting that a Prime Minister candidate will be named TODAY and all parties will agree. 3-15-2020 Newshound Guru Pimpy Article: "Reducing the Iraqi dinar exchange rate - determinants and alternatives" ...what they're saying is if you devalue the Iraqi dinar then its gonna kill them on imports...They have to spend more money for raw materials. That's not what they need...they need to increase the value of the Iraqi dinar so that they could get the raw materials needed to rebuild that country. If you decrease it it's only gonna hurt them. It's gonna cause inflation because I'm gonna have to produce more money in order to buy more materials...if oil prices are dropping and it's causing your deficit to go up. If it's causing your budget deficit to increase why would you then turn around and lower the value of your currency? That doesn't make sense...It goes on to say why the hell would Iraq lower their exchange rate that's the opposite of what they should be doing. I'm gonna agree with this article...they go on to make this case that decreasing the value of the currency is the wrong move. It should be increased... 3-15-2020 Newshound Guru G-Lin Article: "Al-Asadi: Tonight, the name of the prime minister will be announced" Quotes: "The head of the "Sanad" parliamentary bloc, Ahmed Al-Asadi, announced on Sunday that tonight the name of the prime minister will be announced."; "in the coming hours, the Seven Committee will decide its decision regarding choosing the appropriate person to form the interim government and submit it for final approval." Looks like a new P.M. maybe. 3-15-2020 Newshound Guru chattels "Floating the currency is never going to create any meaningful return on the IQD investment." is a position that makes good sense to me. I expect that many would likely sell out with a very modest return on their investment. If one had enough dinar to sell some and "get healthy " or even and wait for an uncertain future then maybe such is a workable wealth plan with a float of the currency. Otherwise my expectation is that Iraq alone is too much of a mess and we must hope for some larger macroeconomic event that may inure to the benefit of the IQD. 3-15-2020 Intel Guru Frank26 ...They are to lift the value of the Iraqi dinar so that it can be on par with the American dollar not just at one to one but beyond. That's the plan. 3-15-2020 Newshound Guru Jeff Article: "Urgent: The seven committee selects Naim Al-Suhail as a candidate for Prime Minister" Supposedly they have a committee of 7 members and supposedly they've named this gentleman Al-Suhail as a candidate for prime minister...we'll see if they can actually make that announcement Monday supposedly the deadline to appoint a nominee for the Prime Minister. Either way I'm not too concerned about the political process. Remember the Central Bank is completely autonomous from the government itself...the Central Bank has been in communication with the Trump Administration...From all of Iraq's actions in all of '19 they showed us they were setting the stage for this. In greater depth they showed us they were setting the stage for this in Q1 of this year. Iraq has showed us and revealed to us from their steps and factual actions they are ready... 3-15-2020 Intel/Newshound Guru sandyf ...It would be delusional to think that Iraq meets the IMF guidelines for a successful transition. Iraq is in a desperate situation, as was Egypt when the IMF forced the transition as a devaluation mechanism. If Iraq follows the same path it will join Egypt on the list of disorderly transitions with the IQD taking many years to regain the value it has now. Floating the currency is never going to create any meaningful return on the IQD investment.
  20. 3-14-2020 Intel Guru Delta They know the CBI is about to do something. So this is going to come to the wire. So starting...Sunday morning...maybe next week or so...the Central Bank of Iraq is going to do something. They have to. They are right on the bridge of collapsing. By the way the Central bank of Iraq has done a tremendous job... 3-14-2020 Intel Guru Frank26 ...CBI came out two days ago...remember when I told you the CBI would continue the ongoing education of the monetary reform of the Iraqi dinar? Remember I told you it was really important this education was brought to them?'s been coming out piece by piece from the GOI to the CBI...the whole concept is we're going to teach the citizens that the whole concept of devaluing the Iraqi dinar is stupid...and that's Allaq the governor of the CBI... 3-14-2020 Newshound Guru G-Lin Article: "Former minister: Iraqi dinar on the way to "float" Quote: "The former minister, Amer Abdul-Jabbar, confirmed today, Wednesday, that the Iraqi dinar is on the way to floating..." ...I think they are trying to create a level trading field at the borders with other countries. International trading. That's the goal. But in order to do that they must curtail the corruption. They want and need to limit imports and make Iraq self sufficient. That would increase the currency value, imo. And it would need to float. But how strange to see a float art. at this turbulent time. ...Oil tanking, virus running amok globally, incomplete Gov., additional bombing of Taji base yesterday with U.S. and ally casualties, and, and, and...the list goes on. ...I would think this would be the worst time ever to float their currency...but who knows?
  21. 3-14-2020 Intel Guru Delta Article: "The Governor of the Central Bank, Ali Al-Alaq, revealed today, Saturday, that Iraq's external debts amount to about 23 billion dollars, while internal debts amount to about 40 trillion Iraqi dinars" Quotes: "Al-Alaq said in his study on "Reducing the Iraqi dinar exchange rate, determinants and alternatives,"; “If the country is The debtor pays in its national currency (wink), because it pays the same amount of debts and interest." ...ALAQ...IMO...HE IS GOING TO DO IT...WOW MORE CONFIRMATION... 3-14-2020 Intel Guru Frank26 Their goal was to talk to the citizens of Iraq and to answer their question about the monetary reform and the Q & A broadcast was going to be pro monetary reform. Low and behold look at the government...tell them no to all the nonsense that the Iranian people put out there...And then 3 days ago you have the government of Iraq coming out and also talking. You had Allawi get everything set up. Didn't he say we're doing something with the exchange rate. We're now going to revisit the dollar in the auctions. Golly these are perfect magic sentences-statements we've dreamed about... 3-14-2020 Intel Guru Vital Brad Mahdi is potentially gonna be the prime minister again...the US administration supports Mahdi being back in government...there are people out there who don't like Mahdi but I see Mahdi getting things done. I really see him as pretty level-headed...he's very optimistic about Iraq... Sounds promising....we will see soon enough..! Ron
  22. 3-12-2020 Intel Guru Footforward [Q? : What is your opinion the rate you think? I'm hearing it could just be $4.00 or even higher.] IT'S MY OPINION THE RATE WILL NOT BE $1.34! I'm not sure how much more strongly I can state...My "opinion" is it will be over $3. I don't want to be too specific. There is a reason I need to be somewhat vague... 3-12-2020 Newshound Guru Pimpy ...APN News put out an article last April talking about the different currencies you should invest in. Article "Why You Should Invest In The Iraqi Dinar." APN is from India...they're talking about the US dollar, the Euro, the Japanese yen, the British Pound, the Canadian dollar. It goes on...quote "if you are interested in investing in an upcoming currency, you need to select Iraqi dinar." They're encouraging people to invest in the Iraq dinar. It doesn't say like our government, avoid it. It's a scam. No the APN is telling people to invest in the Iraq dinar. It says in the next few years Iraqi dinar is expected to become one of the major currencies in the Middle East. We know this. I know you naysayers out there going this is a scam...Here in the America they call it a scam but other counties they call it an investment...
  23. 3-13-2020 Newshound/Intel Guru Mnt Goat The drama of selecting a new prime minister continues...The corona virus is not helping either. Just this week an economist came out and said they should put the dinar on a float. Really? We know this will never happen until they are ready to also raise the rate and get out of these auctions and artificially held down rate. ...we have read already many, many articles on the pros and cons of going on a float just inside Iraq. The key is they can not do it “just inside Iraq”. It can not ever happen since the IQD is on a fixed de-facto peg to the US dollar. ...This info alone should nullify such requests by these economists. Yes, the CBI has adjusted the exchange rate from time to time for inflation. This is all they are allowed to do. But this is not a “float”. A float is based on market demand and floats are on an exchange where investors can come in and buy and sell. This will never happen on the artificial rate and process of the currency auctions window at the bank. It is all just talk, talk and more BS from people not responsible for the monetary policy of Iraq or who know how to manage monetary policies for countries. 3-13-2020 Newshound Guru Pimpy ...I did find out Iraq is not under sanctions anymore...I think what we're waiting for is the United Nations moving them out of Ch 7 into Ch 8. Recognize the currency internationally so that it would add a lot of value to the Iraqi dinar for them to be able to start doing business on a more International level... 3-13-2020 Newshound Guru Kaperoni [Guru] sandyf...For the most part you are correct. [Reference Guru sandyf post 3-13-2020 - SEE BELOW] Iraq could accept Article VIII, but fear plays a part since it is a one way decision. The IMF does not allow a country to return to Article XIV once accepting VIII. I...expect sooner or later if they want to diversify their resources they will accept it. As for floating the currency, it is the natural progression to get off the peg once they create the conditions for a private sector/market economy. That would be called an "orderly exit." Currently, due to a lack of a prime minister, a cabinet, the laws needed along with low oil and Coronavirus it is creating the "perfect storm" for Iraq's economy and speeding up the transition. In fact, often called a "disorderly exit." I am not a fan of this situation but it is what it is and we will have to see what the CBI decided to do...wait for the perfect conditions or just throw the oars in the water and row for a few months until this passes. ...I do expect if they choose this now for it to devalue some, but not much or for very long. Predictions are 1300-1350 to $1. One thing is for certain though. There is no RV or RI about to happen... 3-13-2020 Intel/Newshound Guru sandyf ...I read the IMF publications...The IMF started a concerted effort in the mid 90's to get countries into Art 8, but to date Iraq and about 16 others have resisted the pressure. If Iraq wanted to be in Art 8, it could do so very quickly. At the end of the day the so called auctions are related to Iraqi revenue and as long as the revenue is foreign currency based the auctions will remain. Floating the currency is always an option to any country, when the currency is in trouble it is often seen as preferable to multiple devaluations. Iraq is being pushed along the same road as Egypt and that currency lost 50% of it's value overnight. REPOSTED for reference to Kaperoni above. WELL...THAT'S IT FOR TODAY....GOOD NIGHT ALL..! RON
  24. 3-12-2020 Newshound Guru Vital Brad Article "Can Iraq pay salaries after the collapse in oil prices? The government advisor answers" Well not at the current rate that their money is. That wouldn't quite work. But is it creating a perfect storm with these lower oil prices to raise a currency value to be able to continue to pay the salaries? ...reducing expenses that's only gonna go so far. They're gonna need to do something different like reinstate their currency which would change the value IMO. Which would cover their salaries. It's like things are coming to a head IMO. 3-12-2020 Newshound/Intel Guru Francis Albert Not sure where this "float" thing is coming from. All currencies go up and down based on people buying and selling them. I believe there's over 5 Trillion, (that's a T) bet on the FOREX market every DAY. And all currencies are basically pegged to the dollar whether they like it or not. As the Iraqi Dinar rises in value after going International on FOREX, the money currency players on FOREX make on a rising Dinar comes from other traders, not Iraq.
  25. 3-12-2020 Intel Guru Frank26 ...the fear tactics that were used as great weapons by Iran against Iraqi citizens, it ain't there no more and it's been replaced by the big stick of the United States of America...That's what President Trump is. He's got one big stick. You don't want to be hit by it... 3-12-2020 Newshound Guru Pimpy ...I told you I think that Iraq is gonna come out on a sweet spot of around $ of the things they can do is increase the value of the dinar. Give themselves purchasing power and let them go and buy stuff from other countries that they need so they could get all their needs taken care of... 3-12-2020 Newshound Guru Vital Brad All of a sudden there's talk of Mahdi being the Prime Minister again. IMO it's because of a time crunch. They're under a time constraint with things that we know are happening in the background. So they're gonna plop Mahadi back in. Mahadi's already agreed to early elections in December which is what people want. But they also need a seated government...
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