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Found 171 results

  1. Please don't shoot the messenger (me) for posting what is being said elsewhere...I'm just bringing it to you for a laugh...! Ron 3-19-2019 Intel Guru MarkZ [Q? : I've heard rumors that when this happens and hits 4X that could drive the value up to as much as $8 and then it would settle back to where it should be. what's your opinion on that?] I absolutely agree with that…When Kuwait released…I think around $2.50 and the rate drove up to over $9…With this RI in Iraq - I think there would be a more structured increase. With this exchange with Iraq...it will be for oil credits....(post 1 of 2...) 3-19-2019 Intel Guru MarkZ [Q? : Are your contacts in the CBI?] My contacts work closely with the CBI. What makes most sense to me is an RI (re-instatement) of the old rate and then let it float up to correct for inflation. My person on the ground in Iraq - as of yesterday says the new rate is not posted in the Gazette yet. We are definitely watching around the clock all week long…so many people say we are there. The news is pretty solid. If anything big happens today I will...be back tonight…if not I will update you all tomorrow morning….(post 2 of 2)... 3-19-2019 Intel Guru RayRen98 "Supposedly" new release codes were to be released to the banks on last Friday after the market closed for Monday morning effectiveness. We are still awaiting more information on the status of said specific codes. Iraqi TV is broadcast Cleric Sadr talking about starting up an effort to replace PM Madhi due to failing to complete the government by now. He also proposed bringing Abadi back as the Prime Minister. Parliament moved it's March 23 session to Sunday, March 24 citing a holiday schedule conflict....(post 1 of 2)... 3-19-2019 Intel Guru RayRen98 US Banks - One source (..???..) says the final rates are not visible, but temporary rates are still intermittently flashing. Other sources are again excited and telling us that we will be "jumping for joy" later this week. ...Well, I am pleased to hear their excitement, but I remain cool, calm and collective until something substantial happens...so should you...Time Will Tell It All! ...(post 2 of 2)...
  2. 3-20-2019 Intel Guru Frank26 SOMETHING HAPPENED TODAY AND OUR NEWSHOUNDS ARE BRINGING IT TO YOU...IT IS VERY SIGNIFICANT. Article: "Parliamentary move to raise the price of the dinar and maintain the stability of inflation" Quotes: "The Parliamentary Finance Committee is moving in the current legislative session to develop mechanisms to change the monetary and monetary policies in the country, in coordination with the Central Bank of Iraq, aimed at raising the dinar exchange rate and maintaining the stability of inflation."; "the change will raise the exchange rate of the Iraqi dinar against foreign currencies while maintaining the stability of inflation In the country". (I was unable to actually find this article, but it was mentioned in several places - I'll continue to look and will post it when I find it. The above was mentioned in a live chat from last night.) The following "BS" is from Bruce - I wasn't going to post it, but I thought I'd include it here for a LAUGH, since it has been posted out there in FantasyLand...! 3-20-2019 Intel Guru Bruce A lot of things have come in here the last few days. ...We know Iraq is basically complete with everything they were supposed to do. We know on the screens today that the Dinar was fluctuating... ...Rates have been adjusting upward...they are still adjusting...We are expecting the Dong to be pretty close to $7 or more on the front screen...The Dinar will be good. It will be higher obviously. Maybe not a whole lot higher though not initially. I think it will climb after it is brought out and after it has been traded more than it has so far. ...We are about to embark on I think some major things happening...we are looking at the possibility of things happening by Thursday for us...We got a lot to look forward to the next couple of days. I really believe we are on our way.HE'S BEEN SAYING THE SAME THING FOR QUITE A WHILE...NOTHING HAS HAPPENED...! Which only indicates more BS.....
  3. 3-20-2019 Newshound/Intel Guru Mnt Goat Article: "THE PAPER AND METAL CURRENCY AFTER 2003, WHICH DID NOT SUCCEED IN TRADING AND WAS CANCELED" I would consider this an early phase of educating the citizens about the currency. Remember that in 2015 coming close to January 2016, the CBI told us they wanted launch the 100 coins but later decided not to. ...I believe they are getting ready to launch these 25, 50 and 100 very soon and are telling the citizens to watch out for the “cancelled” 50 dinar notes from 2003 no longer valid and that here are the pictures of the coins that are valid and coming soon. This is PERFECT too since we know that are going to slowly launch these smaller categories as the market dictates... 3-19-2019 Intel Guru MarkZ [Q? : Have you heard that IRANIAN Influence is still a factor of holding up the reinstatement and monetary reform?] Yes I have heard that in the past….the concern in Iran was if they were going to continue to sponser terror…I think that has been handled now. 3-19-2019 Newshound/Intel Guru Mnt Goat “WHENEVER A RESERVE OF HARD CURRENCY IS INCREASED IN THE STATE TREASURY, THE VALUE OF THE LOCAL CURRENCY RISES.” WOW! Could this also be yet another reason why the CBI is waiting to RI? They need for the reserves to increase? Remember that when Dr Shabibi was about the RI way back in Jan 2013, the CBI reserves where at a all time high of 90+ billion. We know the war with ISIS has brought the CBI reserves down to a dangerous level of about 45 billion. Last we hear the reserves recovered and were about 60+ billion and climbing...(post 1 of 2)... 3-19-2019 Newshound/Intel Guru Mnt Goat ...when they think that the CBI has the adequate reserves (and other things) this will give the CBI sound reasoning to go for the reinstatement. In one of the articles today once again they told us they would the “3.3” ($3.30) rate back to the dinar. ...they will probably go beyond that. I quote from the article... “Iraqi state budget was 11 billion dollars and the exchange rate of the dollar 3.3 and today the state budget 450 billion and the exchange rate of the dollar is 1189 dinars.” I think we could possibly be in a window...(post 2 of 2)...
  4. on cards used inside iraq saying for every 35dinars to every 100usd is what there getting on cards being used right now and with trump saying woring on currency then heading to vietnam next hoply he mentions currency there too would be good sign
  5. 3-17-2019 *** Dinar News Update *** It appears the Iraqi Dinar has been maintained the IMF 2% rule for the Baghdad Market rate vs Official rate for 1 year. (The CBI has reported compliance in the full Iraqi Market for 5 months). This is a very long period of stability for the dinar! You can always see the Market and Official rates posted in the Iraq & Dinar Related News forum where the Dinar Sales are shown daily by Yota or myself. 3-17-2019 Intel Guru MarkZ Historically RVs have happened on a Tuesday or a Thursday... We were told ...way back when that we would go to bed on a Sat. night and rates would change and we wake up Monday to all new rates. 3-17-2019 Newshound Guru larrykn the pressure on the CBI is a good thing...they talk about opening the ATM machines to pay salaries and such. If we look at the destruction that happen over there I believe they need more banks with ATM so the customers can get to their money, this will take time and this might be the reason they are taking their time. but then again the seating of the rest of the cabinet might be part of that too. I'm just not sure that is a requirement for Iraq to move forward. We will see, soon. I hear parliament will meet again on the 23rd, we can only hope they can get them seated. 3-17-2019 Newshound Guru Kaperoni Folks need to understand, Iraq is not going to raise the value of their currency arbitrarily. If it goes up in value it will be because the world helped Iraq rebuild and prosper. New central bank article today calling on the politicians to stimulate the real sectors of the country putting pressure on the CBI. This is what I have been saying all along..! Have a great Saint Patrick's Day Everyone...!
  6. 3-16-2019 Intel Guru MarkZ ...Remember Trump had said he wanted the reset (When did he say anything regarding any reset...?) in the first quarter of 2019…which is almost over. [Q? : does Potus press the button for the rv to start] No he does not- Is he in charge of making sure the US is prepared? Yes. [So Trump and Warren Buffet have dinar?] Yes…and if anyone thinks you are crazy – point this out that 2 of the most knowledgeable investors around think this was a solid investment. [Q? : You still think we wont pay taxes on our exchanges?] I defiantly still think there will be no taxes on the exchange. (this guy is predicting the nonsense 800 #'s will be out this weekend - I wouldn't post any of his nonsense about them). 3-16-2019 Newshound Guru Kaperoni Iraq needs to complete the government and parliament needs to pass the laws before it can open up to investors/investment. Nobody coming otherwise. [Can all of that be done in a short time?] Sure if they decide to do it. But they have shown they are lazy and don't want to accomplish much. Time will tell...and pressure is on them to open the economy...(post 1 of 2)... 3-16-2019 Newshound Guru Kaperoni ...substantial investment will cause pressure on the CBI. This is why the CBI needs a tool to counter such. That tool is the a liberal exchange rate regime (float) to allow the gradual appreciation of the currency to offset such pressure. ...look at the bigger picture...Iraq needs investors/investment ...billions of dollars to rebuild, create a market economy. That will create economic pressure and the solution to that is to raise the value...(post 2 of 2)...
  7. 3-15-2019 Newshound/Intel Guru Mnt Goat ...On Wednesday I called my source in the CBI and had a chat. I am not hearing of any target date for this week or over the weekend to reinstate the dinar on FOREX...Again, I am telling everyone we are just now waiting for the last 4 ministers to be seated (especially the interior minister) as the Iraqis have been told many times they need a “fully” formed and functional government or they will not be allowed to reinstate the currency...Meanwhile I am told the CBI is ready and has been ready. They have had a lot of cleanup on the banking and currency fraud with the currency auctions. But at the point it will NOT stop the reinstatement once approved. They need desperately to move forward...(post 1 of 2)... 3-15-2019 Newshound/Intel Guru Mnt Goat ...the CBI...must wait for the GOI and IMF to give the green light. I was told that no smaller category notes have yet been launched only more of the existing 250, 500 and 1000 notes in the ATMS...but what about the much lower 100, 50, 5, 10 and fils? Yes, this is an important question to ask for as far as Iraqis are concerned the lower denominations are out already but not the ones we are looking for...(post 2 of 2)... 3-15-2019 Newshound Guru Adam Montana Oil saw a nice upward spike yesterday. We're not quite to $60, but the trend is still positive. I expect it to pull back a tiny smidge, then continue the steady pace in this direction...I'm not saying "the day OIL hits $60, we will have an RV"! $60 was the direction I wanted to see, and we're basically there. As long as the current trend continues, we are in the (green) zone. Steady and controlled oil prices, + steady and stable GOI, + some HCL goodies...that's what we're looking for, and it keeps coming!...(post 1 of 3)... 3-15-2019 Newshound Guru Adam Montana One item that is of note, and may push us out just a little bit, is the budget/fiscal year. There is a LOT of accounting to be done with any kind of monetary change, and it would certainly make things cleaner to change the rate on a specific date that coincided with something logical like the start of a fiscal year or quarter, or perhaps the beginning of a new budget, or something like that. We are a couple weeks away from the end of Iraq's first fiscal quarter. Their fiscal (XYZ) can be a bit confusing because they don't get the new budget out until after the new fiscal year has already begun, and in the past they have stated that surplus in the budget applies to the following year. Oh, there's nothing like proper planning, where the first three months of the year you have no idea what's in your checking account or what bills are in the mailbox...(post 2 of 3)... 3-15-2019 Newshound Guru Adam Montana That's nothing to concern us, of course. In fact, with the steady progress we're seeing in all other areas, the prospect of a currency value change at the start of Iraq's Q2 is a pretty reasonable thought. In other news... not much I can say right now! Parliament is in session and WORKING. We don't have an announcement, but all of the clues are saying *soon*. I'll be monitoring...(post 3 of 3)... 3-15-2019 Newshound/Intel Guru Mnt Goat So far, no voting in parliament on the last 4 ministers. Saturdays promised voting was not completed and postponed yet again. However no new date was confirmed or announce right away. Article quote: "The candidate of the Minister of the Interior has not been agreed upon so far, but Fayadh officially withdrew his candidacy." So another article says that the PM is now able to put his own selection of candidates forward and vote on them. We are told they plan to try again in Thursday 3/21. Have a great St. Patrick's Day Weekend everyone....Blessings...RON
  8. 3-14-2019 Intel Guru Frank26 IMO ON THE 28TH OF DEC 2018 THEY LIFTED THE 3 ZERO'S ELECTRONICALLY ALLOWING WS'S [Guru Walkingstick's] FIRM MANY CONTRACTS AT 1 TO 1. ...SO IF I WAS IRAN...I TOO WOULD ACCEPT A PAYMENT FROM IRAQ...NOW. 3-14-2019 Intel Guru ADMINBILL I HAVE BEEN MONITORING [Guru] MARKZ'S INFORMATION. HE IS CREDITABLE...We are moving in the right direction. Stay the course. Be prepared to grab hold of the merry-go-round ring and claim your prize. (this is really beyond understanding that AdminBill believes MarkZ is credible - oh well, there's no accounting for taste - or fact from fiction) 3-14-2019 Newshound Guru Kaperoni ...an article that said they would not float the dinar...could be interpreted in two ways. 1. being they won't float (which makes no sense because they then would not have the tool they need to counter inflation as investment/investors come to Iraq, or 2. they are not going to float at this time (which may be what they really meant at the time of the article). And may be true...but that was months ago before the dinar was stable and in compliance... 3-14-2019 Intel Guru MarkZ [Q? : Who are your contacts in dinar land?] I’ve been in this since the very beginning. I have contacts that are Contractors in Iraq, military people, retired military people... So many banking contacts, regional VP’s in banking, and contacts who actually help set up some of the redemption centers for a major bank for the dinar and dong…(Sounds like MarkZ knows everybody...a little more B.S.) This next post is plain nonsense, and I'd categorize it as a major outrageous Rumor & includes Bruce - but here it is: 3-14-2019 Intel Guru MarkZ ...I'm looking at the next 24 hrs to see where we are..BY Friday morning I should know...[ [Guru] Bruce sayin we paid by end of week.] He may be right. [Are you still 98% sure for the month?] I’d say I’m 99% sure. [what made you jump higher?] Can’t really share but someone got paid. 3-14-2019 Newshound/Intel Guru Mnt Goat I can say that I have heard many rumors about the readiness for the launching of the new smaller category notes, however you would think that, if these rumors where true, we would see multiple articles on this topic in the general Iraqi news media prior to the event. We have NOT yet seen this. But also remember this does not mean this even may not be on the radar for the very near future either as we also know these smaller category notes may come in close proximity to the announcement of a reinstatement.
  9. 3-13-2019 Intel Guru MarkZ [Q? : With Iraq Parliament saying the Prime Minister can choose the remaining cabinet members within 3 weeks, does this mean the RV can’t go until then?] they can absolutely move forward with the RV before they finish their government. ...It is not an “if” but a “when” for this to happen. This is such a complex thing they are doing but I believe we are in the “end days” of seeing this reset happen. 3-13-2019 Newshound Guru EHankins Education for and to the citizens on the Nasdaq billboard... this must not fail. This is a perfect opportunity for them to learn...they are imo. WE KNOW THIS... have known this for a long long time. Thanks Frank [Guru Frank26] for the heads up and the proof of what's coming... in my opinion. CBI bring it... we are way past the RI... you can pull the trigger any time now. 3-13-2019 Newshound Guru larrykn [...do you guys know when they will finish the remaining 4 cabinets?] ...parliament meets tomorrow , we shall see what happens then. 3-13-2019 Intel Guru ADMINBILL ...Although I can't pin down an exact day and time with rates... I do believe that our wait is nearing an end... 3-13-2019 Intel Guru Bruce [via PinkRoses] What we are hearing is regarding Iraq, you know they passed the HCL law, Oil and Gas Law. ...What that did was not only a certain amount of the profits or proceeds from oil and gas exploration in Iraq to go to Kurdistan and also to Bagdad, and so on to pay for the government, but the citizenry of Iraq and Kurdistan are also to be paid a percentage of the Oil and Gas revenue. That is part of the deal. The good news is as you know they have Qi...cards which they are paid on...the Qi card that I am referring to will hold revenue from oil and gas from Iraq, and that will be available to use at the new rate for the Iraqi Dinar Thursday morning...(post 1 of 3)... 3-13-2019 Intel Guru Bruce ...We think we are done with Iraq. We know that the Iraqi dinar was supposed to be pre-trading...Sunday...We think it is continually trading, but possibly not officially on the screens. We know they had a pre-traded start rate in the $6.73 range (absolutely B.S.). It was to go up from there as it was traded...The Dong was going to start pre-trading at one hour before the markets opened on Monday morning...What is interesting to me is the Vietnamese Dong is supposed to be as a result of China wanting it to be comparable to the Iraqi Dinar...How do we define comparable? We believe it means within 5% of the Dinar. That is a tremendous value not only for the Dinar as it continues to climb in value, but the Dong to be comparable to the Dinar is way more than we all thought it could be years ago...(post 2 of 3)... 3-13-2019 Intel Guru Bruce ...Everything is looking like we are set on Go from this point on. Could this be our week? A lot of people think so...I believe we should have the result we are all looking for before the end of the week...I am excited...as much as I have ever been because I see movement. I see progress. I see things happening. ...I really think we are going to have a really good week and weekend...(post 3 of 3)... 3-13-2019 Newshound Guru larrykn Article quote: "Breaking The IMIS candidate for the interior ministry in Adil Abdel al-Mahdi’s cabinet, Falih al-Fayyadh has officially withdrawn his candidacy bid..." this might open the door to complete the cabinet.
  10. 3-7-2019 Intel Guru RayRen98 Parliamentary commission and investment confirmed on tv interview today that to revalue and delete the zeros is ready for implementation by the cbi after a five year delay due to security and corruption issues! Show me the money!!! 3-7-2019 Newshound Guru larrykn they seem to be going in the right direction, I can't wait to see what happens when Parliament meets. 3-7-2019 Intel Guru MarkZ ...I am beyond hopeful for this month and still hopeful we will see something overnight tonight or in the next couple days. I guess he's trying to cover all the bases. Yet, over the past week he's been giving rIdiculous rates and indicating it's done and on screens, but hasn't been released yet - all BS and rumors of his making, or taken from other sources. There are 3 of them saying almost the same thing...LOL..! [Q? : Do we really think the RV is gonna REALLY happen very very soon?] Yes I think its very very close…I wish I could share everything I know which is really nothing at all when it comes to the IQD. If he really knew anything, he'd be buying all the IQD he can get his hands on - even if he has to take out a quick loan on his home. Really in never-never land. …this thing is so fluid. RON
  11. 2-25-2019 Intel Guru MarkZ ...We do not have Asset backed yet…we are close…they are moving and shuffling and putting so much in place…I am looking for a lot to happen this week ..especially with Trump being gone. We have always heard that the President needs to be out of country when this happens..and we always heard it would happen when he was over international waters most likely. [...do you think the China trade agreement has a lot to do with what we are waiting for as far as the RV?] Yes I do…. I think it has a lot to do with what we are waiting for. ...I actually get to see the forward movement. And since I know the people actually implementing things behind the scene is why I am so excited...(post 1 of 2)... 2-25-2019 Intel Guru MarkZ ...I have been asked not to talk about certain topics that could jeopardize my sources or the RV process. It’s a matter of security. Just know there is movement and momentum... I am hearing rumors that the rate has gone from the mid $4’s for us to the higher $6’s. This rumor is coming from out in the desert area (the middle east) . What we are really going to get- I don’t know but it’s exciting to see movement. [...in your opinion will we see it this month?] I do believe we will see it this month…..its going to be close to the crossover into March but we will see it IMO...I have to say this “any minute” waiting is driving me nuts…but I am very excited for where we are now. ...Hope to get more news tonight and I will let you all know. stay positive and will see you all soon...(post 2 of 2)... 2-26-2019 Intel Guru MarkZ [Q? : ...is the need to be in a group necessary?] I have talked to so many bankers on this. They all agree you do not have to be in a group to exchange...
  12. 2-27-2019 Newshound Guru Adam Montana I'd say things are still pointed the right direction. OIL took a tiny step backwards, but still tracking for a win if my target of $60 is correct. In addition to what I'm hearing from the other side of the pond, and what my own experience and insights conclude, I still believe that $60 mark is where we want to be headed. Hitting that price, on the current trajectory, is solid evidence of stability in the markets and will be reassuring to the CBI so they can take some bold steps. There is a low rumble off in the distance that sounds like an HCL thunderstorm,so we'll keep an eye on that. 2-27-2019 Intel Guru Bruce There was a meeting in the White House, let’s call it that, with 5 key people one of which was our President...Documents were signed. At that point things were put off motion in a very real way... Since then what has happened is the Dinar came out. It was rolled out and it was officially recognized in- country...now today at a rate of $6.73. (More B.S. - there's no way any numbers are found anywhere other than on the CBI website. Only once revealed by the CBI will it be found anywhere else.) RON That is an in-country rate for the dinar. That is pretty strong. Our rate here on our front screen could be higher than that... substantially higher... Also the Dong was a little bit slower. It came up Sunday afternoon... It started and it was coming a little lower than it had been but it is still moving in an upward direction. So we can’t say it is not going to get back up to where we said it was...(post 1 of 2)... 2-27-2019 Intel Guru Bruce I have heard timeframes. We try not to call it...but I feel that we are down to the final couple of days for us to get started...From every bit of information I have gotten some people have it within 24 hours. Some have it within couple of days. I have specific times when I am supposed to be notified...We will see how they come thru and what happens. ...we are right smack in the middle of this right now. It might be just 24 hours to 48 hours before we go. So we are right there. ...Hang in there a few days longer and you guys will be golden. I know you are excited and I am excited by it...(post 2 of 2)... 2-27-2019 Guest Guru BobTheTaxMan It does not qualify [reference post 2] …I’m going to make it real simple for you. My research has shown this…It’s going to be treated as ordinary income and that’s that. Now, what would happen if you elected to do it as capital gains and file your return? Here’s what will happen…if you are incorrect and it comes back it will take two years before you hear from them. The amount of penalties and interest that is going to be accumulated over that two year time frame is…going to be big. So you have a choice. On my side I tell people treat it as ordinary income. Yeah you’re going to pay more taxes. That’s true you’re going to pay more taxes on it but I do know this much, within 3 years, because you have three years to amend that return to get money back, within three years somewhere along the line someone is going to get a Letter of Definition from the IRS that definitively says this is how we’re taxing it...and/or there might be rule changes in the IRS that converts this from ordinary income to capital gains. That might happen. I’ve seen it before....(Post 3 of Many).....Following are Posts 1 & 2 from yesterday for continuity and those who may have missed them. *************************************** 2-26-2019 Guest Guru BobTheTaxMan For those of us who have been riding this cotton picking train of the dinar for so long you couldn’t get a better tax opportunity than we have now. It’s just absolutely freaking amazing what we have. The new rules brought in under the Trump Administration give us so much leeway and so much opportunity to be able to save on taxes, to share this with everyone we love, less consequences. The whole tax planning game has changed immensely because of the changes in 2018 and 2019…As Paul Harvey used to say, “Here’s the rest of the story.” There are some things about the IRS, particularly those who come into a lot of money in a hurry that have certain triggering points. I’ve got three of those I want to talk to you about...(Post 1 of Many)... 2-26-2019 Guest Guru BobTheTaxMan 1. I have had a lot of people send me email saying, “ This person is saying this is going to be capital gains and NOT be ordinary income.” I’ve even been sent long convoluted processes someone has created for being able to move money in different ways so that the categorization was redone. I’ll tell you from my own studies, one of the things when I got into this thing over a decade ago…I spent a lot of time researching it. I contacted Several of my financial advisors who worked with their tax attorneys. I got the leading CPA of the east coast who deals in Foex currency exchanges and his research came up with the exact same thing that the attorneys came up with. And that is there are two ways that people might misconstrue that this is supposed to be taxed as capital gains. I can tell you right now from the research they did and my own research the dinar does NOT qualify...(Post 2 of Many)...
  13. ( Updated: 2/22/2019 ) Official Central Bank of Iraq (CBI) Dinar Rate: 1190 IQD to 1 USD Dinar Market Rate: (CBI last reported 2-20-2019) 1193.008 IQD to 1 USD ** - Rates Are Within IMF 2% Rule: YES ** - Are Rates IMF 2% Rule Compliant for 90 Days:YES (maintained since ~Mar. 15, 2018 & Iraq Market since ~Nov. 14, 2018) I would view the following "Opinions" with great skepticism, and mostly as B.S. because there is no confirming evidence .... RON 2-22-2019 Intel Guru Bruce [via PinkRoses] There was an outside shot that we would get the start Thursday. It did not happen. ...It didn’t happen because our lovely banks were not completely compliant...Wells Fargo, Bank of America, and Citibank were not complete or compliant with the RTGS...by 3:15 pm Thursday afternoon - all the major banks were compliant...That is why we couldn’t go Thursday, but we could be in position to go after today. I think we can finally call Iraq complete. They started paying out their citizens last...Saturday or Sunday...paying them all at a new rate on their Qui cards. These were salaries. This was money that was paid as a result of the oil and gas law, the so called: HCL, Hydro Carbon Law...(post 1 of 2)... What are his sources about the banks (B.S.) and Iraqi salaries. 2-22-2019 Intel Guru Bruce ...We are hearing really good information. We think this is it...I am telling you things are moving...This RV/GCR has been rolling out slowly since this past Monday. ...It is like that Heinz Catsup commercial, the Anticipation Song. The catsup is pouring out, but taking a long time to pour out. That is like what we are experiencing. ...I have been told ??? source..? to be alert...I do not know when it is going to happen, but I do feel good about where we are in the process. I told you I wasn’t going to call it, and so I am not. I can’t, because I could be wrong. I am excited as I ever been for this to go thru...(post 2 of 2)... (more B.S.) 2-22-2019 Newshound Guru EHankins Article: "Signing a commercial economic agreement between Iraq and Kuwait" Quote: "the Iraqi-Kuwaiti agreement is a first step in the right direction to activate economic and trade relations and overcome the problems of the previous phase." [This is a significant piece to understanding where we are in the MR...we are at the doorstep to our reward. Just ask yourself, why was this done now and so quickly.] I couldn't agree more .... in my opinion this screams we indeed are on the other side .... both feet planted firmly because we have been prepared in advance. 2-22-2019 Intel Guru MarkZ [Q? : Do you feel the Iraq government must be fully seated before the RV can take place?] I absolutely say no. They have enough of a government seated. [Q? : Do you think we will RV before Prez gets back from China?] Yes I really think we will have the RV before then. I am still looking for the month of Feb. [Q? : Do you think this will be a taxable event?] From talking to many people at all levels of Gov and banking I do not think it will be a taxable event for the currencies. [Always consult with your tax professional at the appropriate time] [Q? : anything on the Dong?] I am still hearing the rate will be $2.0 to $2.20 on the dong. Hoping to have more news tomorrow [Friday]. (More B.S.)..!
  14. 2-21-2019 Intel Guru ADMINBILL The process is moving and in a critical juncture. I "expect" the good news to continue with a conclusion as early as the next 10 days for the public. 2-21-2019 Newshound Guru Kaperoni Yes. I do believe they will begin currency reform this year. 2-21-2019 Newshound Guru Adam Montana Article: "Iraqi PM aide: State of Erbil-Baghdad ties 'never better' " Baghdad and the Kurds getting along is something we've waited a LONG time to see! That kind of statement was unthinkable just a year or two ago. 2-21-2019 Intel Guru MarkZ They are 100% ready in Iraq , and 90% of all their problems are going to disappear as soon as the RV happens…In Iraq they were expecting it Monday and expecting it yesterday…they are still expecting it today . In Iraq they are asking folks to give up the USD’s and use those cards. The rumors are folks in Iraq have exchanged but no confirmation...my contacts say the rate still has not changed even though they are all talking about it on the TV and in the news...Everything is totally ready to go...they just need to release it all... I will be shaking the trees and rattling the cages all day today to find out some news. 2-21-2019 Intel Guru Delta IQD EXCHANGE RATE IN IRAQI MARKET.... 17-Feb- 1193.144- 1193.114 18-Feb- 1193.091- 1193.054 19-Feb- 1193.095- 1193.055 20-Feb- 1193.008- 1192.987 ***************************** Wednesday Night Opinions ***************************** 2-20-2019 Intel/Newshound Guru sandyf ...The question of tariffs has come up many times over the years and it is all about Iraq's application to join the WTO. Iraq cannot become a WTO member without a unified tariff profile. 2-20-2019 Newshound Guru chattels Article: "Iraq strengthens its reserves of gold to 96 tons" Countries such as Iraq, India, China and Kazakhstan were among the top gold buyers in 2018. According to data, Iraq increased its reserves last year by 6.45 tons, bringing its total gold holdings to 96.3 tons. 2-20-2019 Intel Guru MarkZ It’s Wait and See Wednesday today. We still do not have word from Iraq whether or not the rate has changed. Hope to know more this afternoon. In the banking system – they are still expectant for anytime. Big banks are all done and ready with the new banking system. Regional banks are scheduled to be done updating to new banking system mid-March. We are planning on using the big banks to exchange and they are ready.
  15. 2-20-2019 Newshound Guru Adam Montana I spend hours every day researching and communicating with my people on the Iraqi Dinar, international business, asset protection, etc...There are people I work with who know how important it is to get me my information by Tuesday, and are extremely dedicated to their roles... Today is short and sweet. There is nothing negative to report - Parliament is working, OIL is still going the right way, and my gut tells me they are just kicking a few last details around. If something counter productive were to happen right now, I'd take a harder look at things... but that's not the case. Everything is lining up! Parliament: still working, and working effectively. OIL: still moving towards $60, and doing it steadily. The only thing we can ask for right now is that BOOM! HCL news. Keep your heads on straight! This really feels like the home stretch. Now for a bit of B.S. in my opinion. I have no idea where he get's his ideas, or what screens he's really looking at (Email sent from a friend..??). It appears he's trying to outdo MarkZ from yesterday..! 2-20-2019 Intel Guru Bruce Iraq is pretty much out of the conversation. All we are looking Iraq for now is where are their rates. We are seeing movement on the screens today. We seen where they have reached a certain point and then start backing down a little bit. Same thing on the Dong. ... something on the front screens about $5.00 or so on the Dong right now and somewhere in the $5.60 - $5.70 range on the Dinar. The Vietnamese Dong may end up when it settles in being within 10% of the Dinar. ...We are hearing very good things about this being our week... I feel like where we are with everything that is moving forward that we are in that zone. We are in the red zone...(post 1 of 2).... 2-20-2019 Intel Guru Bruce ...the sources we normally have are sending icons with zipped up mouths. It is like nope, zipped up, can’t communicate, can’t talk. To me that is a great sign. That tells us things are going on behind the scenes. ...It is done for our own safety and security. I am sure the security of the timing not only for us, but for banks, financial institutions, for many reasons, and so it is kind of quiet out there for a reason. I am excited...I know we are very close...(post 2 of 2)...
  16. 2-19-2019 Intel Guru MarkZ To me its always been a question of “when” not “if” as I have seen so much going on in the background of this. I am very hyped up to see a change in value in Iraq this week. My contact in Iraq (Stewart) is hearing it may happen on Wednesday. ...Rates we all still hearing are $4:40 dinar …..$2 -2.20 dong… I believe the banks will be perfectly safe to exchange into. They have done so many upgrades and testing...I would not be worried to use the banks. I definitely do not think we will get out of February without seeing the RV. This guy keeps beating the same drum without anything ever changing, other than Iraq is actually getting things done that would permit a currency rate change in the near future..! Keep the faith..! RON 2-19-2019 Intel Guru Delta [IMO, Once we see the Cab. members seated, we will see 3 zero deleted.] HOW ABOUT WHEN WE SEE 3 ZEROS DELETED...WILL SEE CAB MEMBER SEATED... 2-19-2019 Newshound Guru Kaperoni Things have been pretty uneventful...the last few weeks or so because Parliament has been on recess. Look for things to pick up in March... 2-19-2019 *** Dinar News Update *** The CBI has crossed the 2% for 90 Days rule for the Iraq Exchange Market. The CBI had accomplished this for the Baghdad Market last summer. The CBI began reporting the Iraq Market rate on November 14, 2018 which included three decimal places. ( Updated: 2/19/2019 ) Official Central Bank of Iraq (CBI) Dinar Rate: 1190 IQD to 1 USD Dinar Market Rate: (CBI last reported 2-19-2019) 1193.095 IQD to 1 USD - Rates Are Within IMF 2% Rule: YES - Are Rates IMF 2% Rule Compliant for 90 Days: YES (maintained since ~Mar. 15, 2018 & Iraq Market since ~Nov. 14, 2018)
  17. 2-16-2019 Intel Guru MarkZ I was told years ago during the Obama administration that the RV/GCR needed a 3-day weekend and a national emergency to release it. They might need the ability to close the borders when this goes. That administration and the Bush administration did not want the reset. The Trump administration is pushing for it. I am very excited for this weekend...so many things I was told we needed are lined up right now...I was told there may be one more document that President Trump needs to sign today to release the paymasters funds. Hopefully we will know more by the end of tonight...a lot of anticipations for today through Tuesday...I am hearing WF is release bank and HSBC as well...800#'s will be out soon and we should be in the banks by Tuesday...(post 1 of 2....more to come)... 2-16-2019 Intel Guru ADMINBILL "Another Saturday night and we ain't got no money..." love Sam Cooke. It's still a great day so keep your spirits elevated and a grin on your face. From my sources it shouldn't be long before the [grin] becomes much bigger. 2-16-2019 Newshound/Intel Guru Mnt Goat Article...December 10, 2014: "RAFIDAIN BANK IN DHI QAR CONFIRMS THAT THE INTRODUCTION OF ATM DEPENDS ON THE CURRENCY" Quote: "...the introduction of ATM in the markets and banks ARE SUBJECT TO THE IMPLEMENTATION OF THE DECISION TO DELETE ZEROS FROM THE IRAQI CURRENCY..." ...don’t anyone tell me that bringing these ATMs online and filling them with dinar is not part of the plan of project to delete the zeros. Here is the article in black and white...Here is the proof.
  18. 2-15-2019 Newshound Guru Adam Montana The RV train is still chugging along, with nothing but positive steam powering these updates...suffice it to say that we're in a pretty spot! NOTHING has detracted from the good news on HCL. WE STILL have momentum on the budget, which is currently WAY AHEAD OF NORMAL. And I'll sweeten it up just a little bit with this - you remember that $60 mark I mentioned about a month ago? YEP, STILL GOING THE RIGHT WAY! Oil is creeping up on $56 as I write this. That's halfway to my mark of $60...and going strong! ...(post 1 of 2)...More to Come... 2-15-2019 Intel Guru Bruce [via PinkRoses] ...Let’s start with Iraq...Their ATMs are lined up and ready to go...they are finally going to activate their ATM machines...So that would mean the ATM machines will be able to take Iraqi dinar, USTN, our new dollars, and be able to convert those also to Iraqi dinar also. That is supposed to start on Saturday...we will see how that comes out. ...I think the oil and gas law is to be put into action and into law...I believe the voting is done on that. It has been done for weeks now, but as far as implementation of that law...it should occur Sunday or Monday in Iraq. ...(post 1 of 2)... 2-15-2019 Intel Guru Bruce ...let’s talk about screen rates today...as far as we are concerned rates are on the screens. They are moving up. The UN Operational Rate pages are available for the 15th and the 1st of the month...So those come up and should be good with our new rates for these many currencies we know and talk about, and should be applicable tomorrow, February 15th, be the effective date for the rates that are populating now. I think we have finally came to the end of this ride. ...I am excited about what could happen between now and Monday. Everybody just stay tuned...(post 2 of 2)... 2-15-2019 Intel Guru RayRen98 Iraq TV is broadcasting the United Nations giving Iraq a warning that further severe repercussions could result of their delay in forming their government. The Deputy to Parliament reportedly stated that all of the recovered money would be pointless to Iraq if it is not based on international rates thus enabling them to compete with the rest of world. ...Rates are again visible to some bank sources...Zim $0.24 - Dinar $4.43 - Dong $1.37 . TIME WILL TELL what happens next..!
  19. 2-13-2019 Newshound Guru Adam Montana Article: "Barzani meets with Mahdi re: HCL (?)" For those of you that don't know, the HCL is possibly/probably the last thing we need to see for an RV. Quote: "the agreement will be signed between the leadership of the two parties soon" We all love the word "soon", but this time... it's looking very, very real. Quote: "the implementation of even two thirds of the terms of the agreement, which is scheduled to be signed on the 18th of this month" Two thirds or more is PLENTY to suit our needs! Quote: "The draft agreement includes 18 items... especially the proceeds of natural resources" FYI, this is HCL. Plain and simple. There is a LOT of excitement around here concerning the middle of the month. This is a big part of that excitement. I won't encourage anyone to get too excited, but I'm also not going to downplay this one... this is BIG. We are in the best situation for an RV that I have ever witnessed. 2-13-2019 Intel Guru Frank26 SOMETHING TO CONSIDER. THE CBI HAS VATICINATED... PROGNOSTICATED THAT THERE IS NO DELAY IN THE LIFTING OF THE THREE ZERO'S FROM THEIR EXCHANGE RATE. FASCINATING... WHY ARGUE WITH THAT? ...WHY FIND BANDY IN SUCH AN INSPIRING AND FIRM POSTULATION? ESPECIALLY WHEN IMO...THE USA GAVE THEM THIS CONVICTION!!! 2-13-2019 Intel Guru Bruce ...sometimes i get information that is a little better than normal or it is different or gives us indication that something has happened that we didn’t know about before. That is sort of what happened today. We got little bits and pieces of things that pointed together the timing which is in this week. It may not even not be two days away. It is that close... We are looking forward to possibly 3 different announcements coming together for us the next day or so...(post 1 of 2)... 2-13-2019 Intel Guru Bruce ...my understanding was you have an Internationally known rate on their dinar. Did you realize Vietnamese Dong is going to be fairly close to the rate of the Iraqi Dinar on the front screens? I mean it could get within 8% to 10% of the Dinar. ...In fact China wanted the Dong to be on par with the Dinar, but i think it is going to be within 8% to 10% of it. So I will say this, the Dinar is fast approaching $7.00. That will give you some idea what I am talking about. ...We are looking very strong for the remainder of this week...I am going to say I am encouraged. I am excited...(post 2 of 2)... 2-13-2019 Intel/Newshound Guru sandyf the CBI has stated many times "restore and or increase purchasing power of the dinar" Many seem to think that statement means "restore and or increase purchasing power of the IQD", but it is not the case. Zambia increased the purchasing power of the Kwacha, by deleting 3 zeros.
  20. 2-9-2019 Intel Guru RayRen98 Iraqi TV broadcasted a member of the Finance Department requesting that all ministries of the government receive a copy of the revised budget and to get it ratified and ready for implementation starting on Monday. Iraqi TV is reporting that the budget will be printed in the gazette "in the next two days" and will be enforced immediately upon its printing. Iraqi TV aired footage of US troops patrolling downtown Baghdad today. US Banks are reporting an "expectation" of exchange activity possibly as early as Monday. Reported IQD screen rates are varying from $4.43 to $4.60...depending on the source.(this guy is so full of BS when he starts spouting rates - there is nothing showing on ANY screens - yet, his prior information might have some merit.)...! Trying to confirm a possible rumor (...LOL..!! ...) of exchange activity across the Pond...standby for that one, it could take a while. 2-9-2019 Intel Guru ADMINBILL TO BE CLEAR I AM NOT SUGGESTING THIS WEEKEND. I READ THE TEA LEAVES AND THE INDICATORS ARE POINTING TO SOON. IT'S THE WHEN THAT WE ALL WANT TO KNOW THE ANSWER TO AND ONLY THOSE IN CONTROL KNOW....AND THEY MAY BE LOOKING FOR THE RIGHT TIME. Yes indeed. Another weekend is upon us in Dinarville. But Wait...is there light at the end of the tunnel? My oh my...There IS and it's very bright and getting bigger!
  21. 2-6-2019 *** Dinar News Update *** The 2019 Iraqi Budget was officially signed into LAW on Monday. Article: "The budget for Iraq for Fiscal Year 2019 officially became law on Monday with the signature of Iraqi President Barham Salih." This is a milestone that needed to happen for Iraq to be considered a functioning country. (REPOST) IMPORTANT: Now we await the printing of the 2019 Budget in the Gazette so it becomes official law. NOTE: The CBI website seems to be down, and I've been unable to log in. (Interesting) 2-6-2019 Newshound Guru Kaperoni ...The dinar will never revalue or re-instate. It is a process that will take time. Once they get off the peg and begin to float. 2-6-2019 Newshound/Intel Guru Mnt Goat We are waiting for the opening of the 2019 budget to begin the reconstruction. In doing so we are hoping this will also inspire the reinstatement of the dinar so investors feel comfortable coming into Iraq and investing knowing the currency is worth something and they can easily trade it outside Iraq. The updates to the investment law of 2015 are also in place and so investors can now more easily transfer funds in and out of Iraq under the law. There are also international mechanisms in place to facilitate this action. But one piece that is really needed is to have the Iraqi dinar once again listed on the global currency exchanges...It was not until the UN resolution in 2003 that ripped the IQD off the exchanges. Now they must get it listed back on...(post 1 of 2)... 2-6-2019 Newshound/Intel Guru Mnt Goat ...We know that in order to conduct business with the rest of the world they must significantly increase the rate of exchange on the IQD when they do post it back. Like I keep telling everyone - the VALUE is found in the Iraqi dinar - it is just that the RATE does not now reflect the true value as it is being artificially suppressed due to sanctions. Oh – but we know that officially the sanctions have been “fully” lifted already since 2018. So what is the hold up then? We know for a FACT that the month of January is the BEST (but not only) month to reinstate the dinar. We just witnessed two attempts to do it in January and both times the NSA (national security agency of the US) stopped it for security reasons. I am now hearing this was due to the sanctions imposed on Iran and that the US needs assurances in two areas before this can move ahead – 1)US forces are secure in Iraq; 2)trade with Iran will not be conducted in US dollars ...This all I know and we are still in a waiting mode to how all of this gets sorted out...(post 2 of 2)... 2-6-2019 Newshound Guru Adam Montana [Q? : With all that has happened they surely "can" RV and I as everyone want them to. However, what will make them want to do it now vs a month, or say 6 Months from now? What makes the trigger be pulled?] One set of letters: HCL. That, combined with the extremely positive budget. This is happening now, not 6 months ago, and not 6 months from now. 2-6-2019 Intel Guru Bruce The information over the last couple of days has been relatively little because whereas we have a number of sources that comes from banks, financial groups and institutions, and other providers most have gone entirely quiet...Either they are under an NDA or a gag order and they have been asked to stay that way. That is a very positive sign for us... I know that the rates have continued to rise slowly...We got good indicators of a slightly increase of the main ones we tend to follow (Any exchange other then the CBI website has no real impact on the value of the IQD, they are simply reflecting where it might be with fees included as other currencies vary ever so slightly - they are meaningless until the IQD moves to Article 8 and becomes an internationally traded currency once again)...I think in this particular case if you are going to be looking for a front screen rate (BS...no front screen rates - it's not traded...only the CBI rates...!) there is no hurry because the rates are going to continue to go up...It is going to be an interesting next few days... Bruce lives in a fantasy world of his own imagination...IMHO..! 2-6-2019 Newshound Guru MilitiaMan Article: "Published the text of the Budget Law 2019 after the ratification of the President of the Republic" Well, imo every citizen in Iraq, including the politicians are looking for the public announcement now on the results that should be found within the 2019 Budget. The rate for many things, and imo most likely HCL monies, are in there, which has to be what everyone in the world that owns Dinar is waiting for... The citizens may get retroactive pay too...So by this and with Frank's [Guru Frank26] opinion, among others, everything is done and we wait for it to come to us.
  22. 1-30-2019 Newshound/Intel Guru Mnt Goat So here we are the end of January already and still no RV. It has been a disappointing month for us but we do know that they made 2 planned attempts to RV this month in Iraq. Both were stopped by the US under NSA reasons. 1-30-2019 Intel Guru RayRen98 Iraqi TV is rampant with messages, statements, allegations and etc. 1. CBI governor Alaq informing the citizens that the reason for the delays is to increase the environment of the private sector. 2. Cleric Sadr calling for Alaq's dismissal from the CBI and referencing close ties to Maliki. 3. PM Mahdi threatens those who stole several billion dinar with publicly revealing their names and being prosecuted if the currency is not returned within one week. 4. Alaq is again on TV adding that the delay is also attributed to the concerns over the cabinet selections. Note: WAITING FOR STOLEN CURRENCY TO BE RETURNED WILL NOT HOLD UP THE RV. 1-30-2019 Intel Guru Bruce Iraq is basically out of the way. They did get a phone call from our President couple of days ago about being placed into Chapter 8 out of Chapter 7. They are in position now where they have their ATM machines loaded with their new currency, and they have been given instructions to take in all of the US Dollar, what we call USD, the fiat dollars, to collect all of those by the first of February because our USTN is going to be in a position where they should be out and live by or on February 1, 2019. That is a really good sign for us. ...Even though we have noticed the bank screens have a stamp day of tomorrow [Wednesday], Thursday and Friday, January 30, 31, and February 1st...They still do not have an exact start date for us...I would say we are looking for good the next 3 days especially Thursday and Friday... Everything is pointing to an imminent release for us. ...Union Operational rates, pages have been down. That is kind of unusual for those pages to go down, but I think they may bring those Operational rates back up on February 1st and they may reveal the current currency rates...I am excited where we are. I have heard really good things about the next three days. (I wonder where Bruce gets his information from...not heard from any other source...real or made up..? He's always out there with something outrageous, and has been wrong so far.) Could it be 1-30-2019 Newshound Guru Currency365 I would love to see something done with the CBI and the rate change before the American troops leave...I don't want the troops to leave before the rate change...We made that mistake the first time and we know what happened...if someone can take this back to Donald Trump...we do not want the troops to leave until they have completed the mission by removing the program rate and raising the value...giving them purchasing power and distributing the oil revenues to the citizens...they were supposed to have done that already...they have not held up their part of the bargain...
  23. 1-23-2019 Newshound/Intel Guru Mnt Goat THE NEWS ON THE IRAQI DINAR REINSTATEMENT: There is some good news as I know the CBI desperately wants to move ahead with this process but is being held back. Over this past weekend we had a situation when the CBI wanted to reinstate and tried to pull the trigger. It was unsuccessful. Some ask me how did I know since no one knows a date or a firm rate. ...I did not know a date or a rate until AFTER the fact. How could I? I just happened to have called my CBI contact to get an update and this is what I was told. Are they lying to me? ...maybe …but I don’t think so. The very good news is the CBI still has plans for the month of January and we still have 9 days remaining… 1-23-2019 Newshound Guru Kaperoni From what I am reading today it sounds like parliament passed the budget today at the 7pm session. Need more confirmation but looks like good news. 1-23-2019 Intel Guru RayRen98 THE WAIT IS "SUPPOSEDLY" OVER...IT'S DONE...IT'S FINISHED...THE RV IS ON ITS' WAY...NO MORE TALKIN'-NO MORE TESTIN'...BRING IT ON ALREADY! ITS YOUR SEASON!!! IF NOT THIS WEEK...I'LL BE SURPRISED BIG TIME...We are just waiting for the call any day... or any hour . . .or any minute. Time will tell. 1-23-2019 Newshound Guru Breitling …the price per barrel has gone down a lot faster than what they anticipated. And the United States is taking over the world market faster than anticipated…remember their [Iraq’s] bottom line is $54-$55 per barrel Brent Price…What happens to their country when they need more? Guess what that goalpost moves and they are going to need more money…Article “U.S. could soon pump more crude than Saudia can at their peak”…we are moving a lot faster than we thought we were going to…this should make you happy. That’s good news. That’s super good news…that’s what I love about the information coming out of the oil industry. Because it means everything for us. You should be very very happy. 1-23-2019 Intel Guru Bruce [via PinkRoses] ...a lot of our sources have been silenced...they are either on gag orders, some...put under an NDA, and a lot of them just are unable to speak anymore because this is just happening so close right now. You know about the World Economic Forum in Davos, Switzerland...we do understand Iraq will announce their new currency and their new rate on the Iraqi Dinar at Davos. When it comes to our timing, we have heard really good things about Tuesday, Wednesday, and Thursday this week. I just can’t call one day or the other, but I think we are looking very strong for this week. I am feeling very good where we are...If anything I am more excited than ever... I think we are going to be pleasantly surprised in the next couple of days. 1-23-2019 Newshound Guru MilitiaMan Article: "Abdul Mahdi "comfortable" for his long stay on the head of the interior and defense .. Sadr does not mind" This is very good news...Now that that is effectively settled imo, the next move is the rate announcement before the budget...?? hmm we shall see and possibly before they vote on Wednesday or Thursday. Gotta vote on what it is in it right? So now that he (Mahdi) has Sadr on the deck allowing Mahdi to head the Interior and Defense, he can now focus on the announcement of not only his first 100 days but, what the citizens want to hear about the CBI the future of their new money...imo...We shall see...That is not something to take lightly... We know Mahdi can make the Art 8 announcement and it would be a very appropriate time to do so...imo.. Let see how it rolls. But, with the Interior and Defense out of the way nothing left but the Art 8, rate for the budget that the Big 3 Firms most likely approved of Sunday.. imo..
  24. 1-18-2019 Newshound/Intel Guru Mnt Goat In today’s news we are also seeing more pressure to stop or greatly limit the currency auctions. OH – but how can they do that without putting the dinar on a FLOAT and reinstating it back to it former glory on the global currency exchanges? Simply put they can’t... This reinforces again that something is about to happen with the Iraqi currency. It almost has to as the pressure is building and the bubble is about to pop. January is only half over and so there is plenty of time yet to see some more actions in this direction. How far can they proceed without the reinstatement? 1-18-2019 Newshound Guru Breitling What are you guys [Iraq] up to? Ok so you don’t revalue at 54 cents, 90 cents…you can do 10 cents. I know you guys can do that and you don’t even have to blink. It’s not going to hurt your economy one way or the other. How do we know that? Look at the other currencies in the middle east…that’s how you figure that out. So after Saudi Arabia who’s the biggest producer of oil in OPEC? It’s Iraq. Iraq has the 5th largest reserve in the world…So you start looking at these other counties and what they produce and how much their currency is and it doesn’t make sense does it? Remember I talked about undervalued stock? Undervalued currency is that simple…I love it cause that’s how it works. 1-18-2019 Newshound Guru Adam Montana [...does Brexit have any effect on our Dinar investment?] In a roundabout way it does, because global events always have some impact... so, yes. But it doesn't merit any concern for us at this time. 1-18-2019 Newshound Guru Kaperoni A few people have asked for my opinion on the recent float article as to what "forced" means? My view when I read the article is this MP is saying we can continue to have citizens on state payroll and take loans to support the budget or we can learn from some of these other countries and float the dinar and invite foreign investment into the country. I don't think its a question of being forced...just a decision to get away from a state run oil dependent country and create a private sector supported by foreign investment. So a float is what is coming.
  25. 1-18-2019 Intel Guru Bruce [via PinkRoses] The most recent picture has this happening either before January 21st...with some emphasis I am getting ...January 18th or Saturday. If not we skip over January 21st and go to January 22nd...It doesn’t guarantee it...It just means that is what I am hearing from very trusted sources that are very close to the situation. Iraq has basically been done and is no longer an issue the last six weeks...Iraq is out of the picture. If you are focusing on Iraq, you are in the wrong game. Let it go. It is done, done and done...I am going to say everything is still moving along like we think. Rates will be high. We just need the Go Signal. I am looking for that Go Signal anytime now. Bruce is still in his own world trying to give dates. 1-18-2019 Newshound Guru Breitling …They [Iraq] don’t have to revalue in one big pop or shot. They can revalue little by little. I’m not talking about a tenth of a penny. I’m talking about adding 10, 15, 20 cents a pop. Why they haven’t done it yet I don’t know. I simply do not have an answer for that. Because if I was them that’s exactly what I would be doing. I understand they have to protect themselves and not make it too expensive overnight to invest in Iraq…90% of their export is oil. That’s their economy. And the price of oil is going down so they are not making as much money. $56 a barrel is their break even point. I think it’s $54 to $56. They don’t just have to revalue for their sake. They have to send signals out to the international markets saying “we’re out to play.” If they are going to keep their currency low people are not going to send product to Iraq to be able to trade. It kind of binds them up. They need to start doing something. 1-18-2019 Newshound Guru MilitiaMan "FROM IRAQI TV: The Economic and Investment Committee.... Iraq may be forced to float the dinar to encourage investment in Iraq." Using words like Urgent Measures to reduce Auctions earlier, and now they may be FORCED to FLOAT the DINAR!!! The language is very powerful, thus, it is very important.. Again, the CBI stated the other day now, that the 2% fee on $20.00 (transactions) will cease on Sunday, thus, the take away is they may show us smalls.. imo.. Why all the Urgency?Logic points to reforms being completed, thus, change is coming...imo.
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