These are Iraqi Dinar Guru Updates, News, Opinions, and Intel Dinar Opinion
According to Newshound Guru Stephen :
If the dinar were to revalue at $1.00, would all Iraqi citizens become millionaires? …This is indeed a pertinent question…A shift in the exchange rate does not inherently generate new wealth for everyone in Iraq. It merely alters the currency’s value in relation to other currencies…While their purchasing power may increase, it does not mean they will instantly become millionaires, as the cost of living and the prices of goods will also adjust according to the new exchange rate…Foreign investors, like us, find themselves in a different situation…If the exchange rate strengthens significantly…then investors can achieve considerable gains when converting back to US dollars. In contrast, an Iraqi citizen’s experience is different because they primarily earn, spend, and save in Iraqi dinar. Their daily expenses and living costs are also denominated in Iraqi dinar. They do not engage in the same kind of foreign exchange trading that we do.
According to Iraqi Dinar Intel Guru Frank26 :
Two distinct locations will have the three zeros eliminated. 1. Based on the Iraqi dinar’s value in decimal notation, which is $0.00076. The decimal point is taken and moved to the right when the three zeros are lifted.You received $0.76.76 cents can instantly become $1.00 by flipping a switch. 2. Grab the $25,000 note you are holding. Visit the bank. Exchange it for US dollars. They simply physically removed the three zeros from both the market and you.
According to Newshound Guru Kaperoni :
Question: “They had a $3.22 exchange rate prior to the Iraq War, which was nearly entirely dependent on oil production. Add 40% more non-oil revenue, 20 years of inflation, and the destruction of all seized corruption dinars. Why is IQD unable to revalue close to $5? Because Iraq’s money supply was in the billions during the 1980s and 1990s. The dinar plummeted to 3000 to $1 as hyperinflation struck after they began printing additional money in the late 1990s. There can’t be a sizable RV because there are currently more over 100 trillion new dinars in circulation.
According to Iraqi Dinar Boot-On-The-Ground Guru Omar :
All of our CBI associates want to inform you that they are removing the three zeros, but for us citizens, it is primarily an accounting adjustment. When they remove the three zeros, you, as international dinar holders, may believe you will become wealthy. However, we do not share that belief, as it will not lead to wealth for us. What is occurring within our country is essentially a redenomination, intended for accounting purposes. They provided an example: 1310, and when the three zeros are dropped, it becomes 131 dinar. They advised us not to expect any increase in value, but assured us that we will not lose any value. Even though we are dropping three zeros, we will not incur losses. They emphasized that foreign investors will not gain from this change. Instead, it will primarily benefit our banks, major accounts, employee accounts, salaries, contracts, and overall make financial management much simpler and more efficient by eliminating the zeros. They have made this very clear.
According to Newshound Guru Clare :
“Is the Federal Government Planning to Eliminate Three Zeros from the Iraqi Dinar?” Quote: “Currently, the government is evaluating two additional options: First: Borrowing both domestically and internationally. Second: The removal of three zeros from the Iraqi dinar. Reports indicate that the Iraqi government is contemplating the deletion of three zeros from its national currency. For instance, 25,000 Iraqi dinars would be reduced to 25 dinars following the removal of three zeros. Similarly, all other currency values would be adjusted accordingly. Figures that are currently expressed in billions would instead be represented in millions. The aim of this initiative is to maintain the value of the Iraqi dinar…Additionally, it seeks to enhance the exchange rate against the U.S. dollar. For example, post-removal of the three zeros, US$100 could be traded for 150 Iraqi dinars rather than the existing denomination…” [Post 1 of 2….stay tuned]
According to Iraqi Dinar Intel Guru Reset Intelligence :
I don’t think the sequence we’re witnessing is [cabinet] chairs first. The question of weapons is addressed, followed by the chairs being filled, the Iraqi budget, and finally the rate.The directive regarding Gaza that the Board of Peace recently broadcast on television…Keep an eye out for any indication that the Iraqi militias are moving away from the September 30th handover and toward it.
According to Newshound Guru Jeff :
Since May, Iraq has been postponing and stalling the cabinet without attempting to find a solution. This is because there is no problem with the cabinet. They are aware of the people they wish to include. Everything is planned in accordance with the rate change. The actual rate change is planned. That is the crucial element of this. Everything must take place around the date of the rate adjustment. The cabinet completion is being timed to coincide with the date of the rate adjustment.
According to Iraqi Dinar Intel Guru Frank26 :
I picked my jaw up from the floor and asked, what does this mean? He replied, we’re close…the numbers keep fluctuating, and it’s been like this for just over a week, which is why he decided to reach out and request a meeting with me. The figures were higher than I had anticipated, and they even changed while I was there. So, he was being honest; the numbers are indeed in constant flux. I was not at a local bank, so please refrain from contacting the banks regarding this discussion. Allow it to unfold naturally. We’re close… He mentioned that we would be speaking very soon and that there is much to accomplish…there are no delays. There are no red flags. There are no stop signs. He stated that this is happening, and that concluded our conversation. We’re there.[Post 2 of 2]
According to Intel Guru Frank26 :
[California bank story] Yesterday, I received a call…the caller wanted to meet with me privately…I have previously conducted business with them through investments, but this was a meeting with a senior VP. I visited his office in downtown…The first question he posed was, you’ve been a customer with us for quite some time…and you also own all these dinars? I responded affirmatively, but pointed out that he was already aware of that…what’s the purpose of this meeting?…He replied, based on our previous discussion, you know we’re nearing a significant point. He continued, the primary reason for bringing you here today is to demonstrate something. He rotated his PC screen towards me and displayed a list of numbers, names, and codes. He asked, do you recognize the code for the Iraq dinar? I confirmed, yes…the IQD was highlighted in red. The numbers did not begin with a decimal point, and there were no zeros visible on that screen for the IQD. [Post 1 of 2….stay tuned]
According to Iraqi Dinar Newshound/Intel Guru Mnt Goat :
Do you really think the United States won’t have a big influence if the dinar reappears on international currency exchanges, such as FOREX? We need to understand why the United States still keeps its oil income. We must return to the Iraqi politicians, militias, and factions supported by Iran. We must unwind and let everything to unfold.My contact in the CBI will keep an eye on it, so we will know when a timeline for the RV becomes available. [Post 2 of 2]
According to Newshound/Intel Guru Mnt Goat :
Article: “A READING INTO THE SECRETS OF MONETARY DEPENDENCE AND THE FUTURE OF “IRAQ 2”: THE DOLLAR’S JOURNEY FROM “MANHATTAN” TO “AL-RASHID” “Iraq is a major economic paradox; despite having the fourth-largest oil reserves in the world, it is constrained by a string of monetary crises that raise an urgent sovereign question: Why are our wealth deposited in the US Federal Reserve Bank of New York instead of our national treasuries? And why does every dime from Iraq go through US vetting before reaching Baghdad?”An further piece demonstrating that the United States must authorize any substantial RV of the Iraqi dinar… [Post 1 of 2….stay tuned]
According to Iraqi Dinar Intel Guru Bruce :
According to WiserNow, banks may not be prepared to trade until August 20 or 21, while redemptions are ready to exchange as early as July 30 and need 21 days to reach August 20.
