Guest views are now limited to 12 pages. If you get an "Error" message, just sign in! If you need to create an account, click here.

Jump to content

Friday Afternoon Guru Opinions @ 4:10 PM EST - 2/22/2019

Recommended Posts

( 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 :tiphat:

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 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.)..!



  • Upvote 2
  • Downvote 1
Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Recently Browsing   0 members

    No registered users viewing this page.

  • Similar Content

    • By ronscarpa
      Remember, no one really  knows what will happen, or when. They're simply stating their opinions based on what  they perceive to be happening in Iraq. 
      *** Petra *** ...the G7, the EU, the World Bank and IMF have all come out in support of the white papers...they can't wait too long.  They've got to move...they just need to vote on the budget and they're ready to do that once the rate is inserted into the's getting to the point where it's at the apex.  Everything is there...I think we are in a fantastic position.  Better than I thought we'd ever be.  We're down to the nitty-gritty here because everything is ready to go...

      *** Pimpy *** ...things are looking good.  It looks to us that finally some type of agreement is going to be finalized between Erbil and Baghdad.  That's going to help with the '21 budget.  I love the fact that they're increasing the budget from $42/barrel of oil to $45.  That means much more of the deficit will be taken care of.  Nothing will be added to the deficit.  The fact that oil is much higher than they budgeted for is great.  It's a surplus.  That's also going to help them with the foreign currency reserves...these are positive steps going in the right direction...

    • By ronscarpa
      Remember, no one really  knows what will happen, or when. They're simply stating their opinions based on what  they perceive to be happening in Iraq. 
      *** Frank26  ...there are many rumors, there's a lot of chatter among the Iraqi citizens right now concerning the new small category notes and the new exchange rate because they know.  Allow that to encourage you...

      *** MilitiaMan    there was an article that came out  [In December]...that said Baghdad was forced to devalue their the IMF. By devaluing the currency to 1146...If you delete the zeros off the exchange rate you get 1.46.  Today's SDR is $1.44...they're within pennies of each other...that's why they were forced to devalue!  IMO They needed to be inline with the IMF...I have a strong feeling being forced to devalue and get in sync with the SDR is telling us they are at the final stage to lift the value...

      *** Petra   ...a week ago Saturday I think they realized the clock was ticking down and they had to get that budget done.  IOO the budget is done and we're just waiting on the rate.  Now all the outside pieces are coming together with regard to international activities...and all the efforts to make Iraq come out of the gate absolutely running a million miles and hour...

      ***MilitiaMan  ...we see...that the Kurds showed up today in respect to their share of the 2021 budget. They are also talking about they have six months of back pay coming to them. We have heard they were in agreement on taxation on salaries too, and not just with the kurds in mind. Taxation on salaries will be applied country wide. Hence, the agreements made will be sorted through the new value added... Remember they talked about value added taxes...Well not at 1460 they won't. But, when RI hits and they have value added they will. It is all in the plan in my view...

    • By ronscarpa
      Remember, no one really  knows what will happen, or when. They're simply stating their opinions based on what  they perceive to be happening in Iraq. 
      *** Petra *** ...the IMF forced the rate down to 1460.  I'm of the opinion, that started the clock ticking.  Because they can only keep the rate down for so long until it really impacts the entire economy of Iraq.  But they did it for a reason.  The white papers do not work at 1460.  The white papers do not work at 1190.  They don't work at a program rate.  The white papers work at a 1 to 1 or greater...

      *** Pimpy *** There's other oil that's getting ready to be discovered...I think you're going to see Iraq move to possibly the largest deposits of oil in the world...even more than Venezuela.  It's there.  We want to see it happen...

    • By ronscarpa
      Remember, no one really  knows what will happen, or when. They're simply stating their opinions based on what  they perceive to be happening in Iraq. RON
      *** Pimpy *** article says they plan on keeping the rate that it's at now for the next 3 years.  Some of you are going 'Oh my god we have to wait 3 years?'  That's very possible.  Like I said when you hear good news don't get overly excited.  When you hear bad news don't get overly bummed out.  IMO is it going to stay that way for 3 years?  No I don't think so...Hopefully peace will remain in the Middle East.  Iraq will continue to grow and if they could do this I think the rate change would change a little bit quicker...just because they say it don't mean that's how long it's going to take.  There are a lot of other things to take into plans change?  Yes, they do...I have my own theories on why it's not going to last.

      *** MilitiaMan *** Article from yesterday: "Results of the foreign currency sale window for Sunday 01/24/2021, and executed today"  Here is just more support ...that they are ceasing the Multi Currency Practices... 0 cash sales. A key indicator change is coming.   

    • By ronscarpa
      Remember, no one really  knows what will happen, or when. They're simply stating their opinions based on what  they perceive to be happening in Iraq. RON
      *** Ray *** Iraqi TV reported that Parliament will complete the amendments to the budget law by Wednesday or Thursday and will present them for voting at that time.

      *** MilitiaMan *** Article: "Sumaisem: America will not pump dollars into Iraq, and dealings will be in the digital currency...and Baghdad is forced to comply with the recommendations of the international monetary 27th December, 2020"   FORCED to devalue to 1460... Then think FORCE means they had to get in sync with the region. They are once they delete the zeros...imo...So there by they were forced into it, which means they have no choice but to RI...imo.
      That's all for today folks ... RON
  • Testing the Rocker Badge!

  • Live Exchange Rate

  • Create New...

Important Information

By using this site, you agree to our Terms of Use.