These are Iraqi Dinar Guru Updates, News, Opinions, and Intel Dinar Opinion
According to Intel Guru Frank26 :
Have I not been warning you for a while now that the next stage will be the hardest for you as an Iraqi dinar investor? Unfortunately, a lot of you only want to acquire dinars in order to get wealthy. It’s similar to purchasing a gun: you might damage yourself or someone else if you don’t know how to handle it. You purchased the Iraqi dinar.I’ve been pleading with you to assemble a squad. [NOTE: To create the optimal exchange plan for your particular situation, engage reputable financial advisors, tax attorneys, and tax specialists as necessary.]
According to Iraqi Dinar Intel Guru MarkZ :
[via PDK] There isn’t any bad news, and hopes are still high among groups. Many NDAs have been signed, but the exact date is still unknown.
According to Newshound Guru Pimpy :
Even Kuwait’s budget is 90% derived on the sale of oil. In the event that oil prices decline, Iraq suffers while Kuwait is spared. That was the conclusion of 2019 and 2020. Iraq’s economy was about to collapse. They were saved when they had to devalue the money. That is not going to occur with Kuwait. They have their Wealth Fund as a safety net.Iraq is unable to achieve that.There is no question that Iraq will reach that point.We would like it to increase gradually while maintaining our current currency.
According to Iraqi Dinar Newshound Guru Sandy Ingram :
One nation that successfully revalued its currency in the early 1990s was Kuwait. Kuwait’s economy was in shambles after the Gulf War, but the Kuwaiti dinar quickly recovered and became one of the most valued currencies in the world.Kuwait had a robust economy supported by substantial oil reserves and a relatively stable political climate, in contrast to Iraq. The revaluation process was aided by the international community’s confidence in Kuwait’s capacity to recover and stabilize.A robust economy, a favorable trade balance, political stability, and the confidence of global markets are all necessary for a successful revaluation. It’s not an enchanted wand.
According to Intel Guru Bruce :
[via WiserNow]…we’ve heard from a few sources that we should be there by [Friday] with notifications. It’s possible that we start on Friday or Saturday, but we should finish the weekend.It’s fantastic news for us, in my opinion.Even though we didn’t get started [Thursday] like we had thought, like we had hoped…I was honestly surprised we were not going to get started [Wednesday]…Thus, things are progressing.I believe it will arrive.I believe it must, you just need to be as patient as we have been.
According to Iraqi Dinar Newshound/Intel Guru Walkingstick :
The Central Bank of Iraq has decided to stop holding regular meetings in order to provide information on monetary reform because the campaign has begun and is progressing admirably.
According to Intel Guru Frank26 :
Query: “What does canceling the auctions mean?” Iran used to pilfer dinars through the CBI auctions. How? Iraq must get paid in US dollars for the oil it sells. Iran would pilfer it at auction.They were instructed to do this by the US Treasury, the World Bank, and the IMF before releasing everything. The auctions that terrorists exploited to take Iraqi residents’ lives have undergone a metamorphosis. It is currently more effectively managed…They are immediately nabbed by the CBI if they attempt to steal anything; this was referred to as “cleaning the CBI floor.”
According to Iraqi Dinar Newshound Guru Samson :
Article: “US Secretary of Defense: The Middle East is going through a “difficult period,” and we will not tolerate those who kill our soldiers.”
According to Intel Guru MarkZ :
[via PDK] rumors… from all over the “blogisphere”They claim that rates were provided by the CBI to the Iraqi government, which then provided them to all central banks worldwide, including the US.and that everything has been secured. That’s the rumor.
According to Iraqi Dinar Newshound Guru Pimpy :
The purpose of auctions is not to dispose of dollars. There’s a purpose behind currency auctions.They buy US dollars, sell them to banks, and then swap them for other currencies. They are able to accumulate $105 billion in foreign exchange reserves in this way. Additionally, it aids in maintaining the stability of the Iraqi dinar’s exchange rate relative to other foreign currencies.It’s not about evidence that they’re hoarding dollars here.The topic at hand is not de-dollarization.
According to Intel Guru Frank26 :
[Report from troops on the ground in Iraq] FIREFLY: To sum up, his bank acquaintance is informing him that the parallel market will soon cease to exist. FRANK: We won’t have a program rate if the parallel market disappears.
According to Iraqi Dinar Newshound/Intel Guru Mnt Goat :
Article titled “THE FINANCE COMMITTEE RESPONDS TO THE US SANCTIONS: LET US SELL OIL IN CURRENCIES OTHER THAN THE DOLLAR” According to the quote: “Imposing sanctions on Iraqi banks would undermine and obstruct the steps taken by the Central Bank to adjust the stability of the dollar exchange rate and reduce the selling gap between the official and parallel rates.” …the truth is finally revealed. Is this the reason for the CBI’s incapacity to implement the essential measures to modify the stability of the US dollar exchange rate? The parallel market rate would immediately adjust if the CBI carried out this diversification.
