These are Iraqi Dinar Guru Updates, News, Opinions, and Intel Dinar Opinion
According to Newshound Guru Stephen :
If I had invested the same amount of money in Bitcoin as I did in the Iraqi dinar, my net worth would have been in the $9 billion level, proving that the currency is not going to happen.It’s 20/20 in hindsight.The dinar is only the start.
According to Iraqi Dinar Newshound Guru Pimpy :
I’ve been asked all the time whether there are any other currencies available for investment except the Iraqi dinar. Indeed, there is. I’m not here to advise you on whether or not to invest in it, but you guys ought to be keeping an eye on the yen.Note from Scott Basset: “To Do: Buy Japanese yen.” A photographer picked up the letter that Scott Basset scribbled at the [White House] meeting and snapped a shot of it. Article titled “Yen hold gains after Japan, US confirm joint intervention, signal more action”
You could consider purchasing yen if you’re considering making an investment.
According to Newshound Guru Clare :
Article: “US Fed delivers $500 million cash shipment to Iraq amid financial constraints” Quote “The Central Bank of Iraq has received a fresh $500 million cash cargo from the US Federal Reserve.The currency will be utilized for transactions involving Iraqi nationals and authorized international transfers. A government official estimates that further supplies will be sent each month, totaling between $8 billion and $10 billion in cash.
According to Iraqi Dinar Intel Guru Frank26 :
Three zeros make up a $25,000 note. Two zeros make up a 500 note. One zero is a 250. In Iraq, this is how these actual notes are vanishing.
According to Newshound Guru Stephen :
The typical Iraqi citizen would probably gain from more buying power, cheaper import prices, and more stable currency if Iraq ever went toward a stronger exchange rate, which all the indications point to. That does not imply that every Iraqi citizen instantly becomes a millionaire. In contrast, foreign investors who purchased the currency prior to its increase would see a significant capital gain. It boils down to that.
According to Iraqi Dinar Newshound Guru Pimpy :
The article: “Will the Federal Government Remove Three Zeros from the Iraqi Dinar?” We can only hope that they don’t eliminate the zeros—a currency redenomination. I recall discussing this with you guys countless times. The Iraqi dinar’s appearance will be altered, but its worth will remain same. Therefore, 0.00076 = $19 instead of multiplying the 25,000 note by the currency exchange rate. It becomes a 25 dinar note when the three zeros are removed. Even after 25 times the conversion rate, $19 is still equal to 0.76.You weren’t expecting that. I’m saying you’d best hope they keep the zeros on because of this.
According to Newshound Guru Jeff :
The majority of the story is on unpaid salaries and the steps being taken to address them. However, I want you to be aware that brokers are also alerting us that they are finding it difficult to obtain cash. They’re having trouble. It’s much more difficult. They will need a lot more time. All of this suggests that the rate change is quite near and might occur in August. First, the government must be established and the cabinet must be finished.
According to Iraqi Dinar Newshound Guru Ross :
Persistent promotion of digital payments and a smaller cash economy (which reduces leakage and enhances tax collection). 7. The Kurdistan oil and revenue-sharing system should be resolved in a clear and enforced manner to stop the ongoing bleeding of the federal budget. 8. Completion of the cabinet under al-Zaidi and an operational government capable of enacting and carrying out the aforementioned (poll scheduled for August 15–20). None of these things automatically result in a higher dinar rate. Together, they reduce leakage, improve revenue quality, lessen fiscal hemorrhaging, and make the revalued currency defendable. All of this is doable, and Baghdad must move quickly. Under Iraq’s a*s development, lightning-fast firing is and will continue to occur. [Post 2 of 2]
According to Newshound Guru Ross :
The only thing that has historically forced Baghdad to move on structural files that have been blocked for years is sink or swim. Iraq does not revalue the dinar to dodge problems of this magnitude. The solution that will contribute to the revaluation of IQD. 1. Expanding non-oil revenue and rationalizing real spending. 2. The framework for the long-delayed Oil and Gas Law and Hydrocarbon Law will be accelerated. 3. Tighter supervision over regional revenue transfers, improved customs collection (ASYCUDA drive), and cleaning of the banking sector…4. Potential official borrowing authority with restrictions or supervision… 5. Cleaning up serious corruption and recovering stolen or public cash…It indicates that the system is finally being cleaned up, increases reserves, and lessens the need for printing or emergency borrowing. [First of two posts—stay tuned]
According to Iraqi Dinar Intel Guru Bruce :
[via WiserNow] Saturday, Sunday, and possibly Monday were mentioned by one of our contacts and sources. I truly wanted you all to feel as tho we are close and that we might be there this weekend—Saturday or Sunday.The possibility of Monday has been introduced, and we might be informed over the weekend.
