1-19-2022 Intel Guru Frank26 Article: “State of Law: We Will Not Allow The Budget To Pass Without Changing The Dollar Exchange Rate”. What!?! Holy guacamole! …That would be Kazemi talking to parliament. Quote: “The general budget for the current year will not be passed in Parliament in the event that the dollar exchange rate continues as it at the present time” …the CBI said if you’re not ready parliament, we are not waiting for you.
1-19-2022 Newshound/Intel Guru Mnt Goat …There is nothing but good articles this period once again reinforcing the notion that Iraq must do something with their currency revaluation and do it very soon…There is so much news about the necessity to change the exchange rate of the dinar against the dollar to a higher rate to reflect the TRUE value of the dinar…
1-19-2022 Intel Guru MarkZ [via PDK] [Any news on the VND?] Still expecting $2.25-$2.30…but the bank screens have been bouncing all over with higher rates this week.
1-18-2022 Intel Guru MarkZ [via PDK] There is a lot of talk out of Iraq that they do not need the full government sat, but the new government needs the new exchange rate first…makes sense to me. A number of bankers say they are looking for something big to happen on Friday or before…they don’t know what…maybe we know what to look for? Friday could be setting up to be the perfect storm…if it doesn’t happen before then.
1-18-2022 Regular Guy Guru Vital Brad Question: “Do you only buy new dinar Iraqi notes or will old notes 2008 or older work too?” Good question. The 2008 notes are good…If you got the notes with Saddam Hussein’s face on the those are not the notes that we’re talking about…there’s different ways to make sure that it’s legit. You need the 2003 series or greater. If you have the 1990 to 2002 series that’s the wrong type of dinar…
1-18-2022 Intel Guru Frank26 Article: “Opening a branch of the first Iraqi bank in the UAU” Dubai banks do not deal in used toilet paper…notice all these CBI private banks are opening around the world but not a single one is open yet…all of these baby banks from the CBI are sprouting out just like we told you. We call them satellite banks. They’re all over the place now…
1-18-2022 Newshound Guru Kaperoni I’ve been saying the same thing for years and guess what? I am right! Until Iraq has a parliament and passes the significant economic laws needed for foreign investment, forms a new government oh, and build an economy away from oil there will be no change in the exchange rate.
1-18-2022 Newshound Guru MilitiaMan Article – the headline is ‘Releasing Money’. They have quite a bit of outstanding frozen assets that are out there. It’s been a long time coming. We have been told over the years that there’s a significant amount of money…Interpol talked about upwards of about $180 billion and there’s been other comments in respect to upwards of $500-$600 billion in assets around the world…that’s astronomical if they call that money back and put that towards their bottom dollar it could definitely support their Real Effective Exchange Rate…the timing of this all coming out at this stage is phenomenal.
1-18-2022 Guru Nader From The Mid East I got good news for you this morning. The president of the CBI sent a letter to the government talking about the rate to be changed, but there’s no decision made yet. When we say rate change you know rate is not going to be 1 to 1 first day…it’s going to float for a long time…it’s going to be tough to be 1 to 1…Iraq paid a lot of things I know but we still owe money to 12 countries …the UN took us from Chapter 7 yes. We are out from the black list on the European Union…they are working hard. They are doing a lot of things.
1-18-2022 Newshound/Intel Guru Petra We’re seeing a lot of major things happening within Iraq…it surprised us that an article that came out…they said they are [having] discussions… [about] funds that could be repatriating back to Iraq that were either stolen from Iraq or have been on hold in accounts on behalf of Iraq until they go out of Chapter VII. If those funds are coming back, oh my goodness it could really impact…the free cash flow that would be available to help them build their infrastructure and build the country and bring in the secondary markets…that’s a lot of money and there’s a reason why they held that out this long…
1-18-2022 Intel Guru MarkZ [via PDK] I was so excited because of the email I got over the weekend asking me to update my information…Due to an NDA I cannot give any more details…this is the first time in years I have received this type of email. This is huge…I know you guys hate hearing it and I hate saying it…but, It still appears to be very close… everything is set and it is rolling out.
1-18-2022 Intel Guru Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: They talked today and it was from the CBI. The CBI giving reasons why they would change the exchange rate. They’re mostly dealing with the economy. And they talked about how and why the CBI is going to change our exchange rate. FRANK: …Our days are numbered…the whole world knows!
1-18-2022 Intel Guru Holly …all is set. The final tests and systems checks are done. All issues resolved. All countries are ready and we await the final release.
1-18-2022 Newshound Guru Clare [The CBI is saying they are not waiting for Parliament if they are not ready.] THE CBI CAN ACT INDEPENDENTLY IF THEY SO CHOOSE TO ON THE EXCHANGE RATE… FRANK [Guru Frank26] HAS EXPLAINED THEY WANT TO BE “SHOULDER TO SHOULDER”… THIS WILL GIVE CONFIDENCE IN FRONT OF THEIR PEOPLE TO RELEASE THE NEW EXCHANGE RATE…BUT WHEN IS “ENOUGH IS ENOUGH?” THAT WILL REMAIN TO BE SEEN AS WE CONTINUE TO WATCH THIS ROLL OUT. IMO
1-18-2022 Intel Guru RayRen98 …This week looks very favorable for a possible RV, keep your head up!