12-31-2021 Newshound Guru Pimpy Article “After the central bank was hit by a surprise… Iraq may move to change the dollar exchange rate”. But this time in the right direction! Not the other way around. We’re talking about increasing the value of the dinar against the U.S. dollar. You’ll see different articles conflicting with one another that’s why you can’t get too excited with good news and get too bummed out with bad news. Quote “as soon as the devaluation of the dinar against foreign currency especially the US dollar came into effect the peoples willingness to buy those currencies decreased which created an alarm for the Central Bank of Iraq .” If they’re going to increase it, this might be a good time…when you see the number of dinars decrease for every $1 that’s what we want. That’s good. That’s what we want to see.
12-30-2020 Intel Guru MarkZ [via PDK] [Is there a chance for the RV Sunday or Monday?] There is a chance…there is a battle going on…Iraq is hoping for a new rate by the 31st…which is a day away…
12-30-2020 Newshound Guru Mnt Goat Article: “ECONOMIST CALLS FOR THE REMOVAL OF THE THREE ZEROS FROM THE DINAR TO STRENGTHEN THE LOCAL CURRENCY” So we have been waiting for articles like this. Notice we have not see any “direct” article talking about this subject of “deleting the zeros” for a long time. Now they finally are telling us this may be a solution to getting out of the mess they are in.
12-30-2020 Newshound Guru MilitiaMan They are now telling us…that they are de dollarizing and will be heading to use digital dollars in the future for tracking…Transparency. …Well if we look at the Auctions lately and even today, proves they show us a massive change of late and that supports scarcity is upon Iraq now for the USD. imo. A necessity of the IMF on Iraq …They will need to cease the use of the USD as we know it. The future will be very different and it will curb corruption.. So, be patient and hopeful as there is no need to be worried or upset for that the devalue sets the stage for a revalue.. imo…
12-30-2020 Intel Guru Frank26 Did you see the IMF say ‘This reduction of purchasing power of the Iraq dinar this is a permanent thing’? Did you hear them say that? [shakes head no]. But yet all of a sudden we go from 1450 to 1600 to 1650, good God I bet you anything we go even more. Anything to mess you up. That’s the purpose. That’s what’s supposed to happen right now. And for you to fall for it? No, that’s not right…keep a constant state of suspicious alertness…we’re so close to the apex. We’re so close to conquering this mountain…whatever you do, don’t fall down the hill. Do not get discouraged. It’s very clear IMO what they’re doing…
12-30-2020 Newshound Guru Pimpy Article: “Parliamentary Finance: This is the date for the budget debate session” According to the constitution the cabinet members look at a budget. They pass the budget and then it goes to the House of Representative where technically they’re supposed to be some type of 90-day thing and you’re supposed to have 3 readings in there so any changes gets done. But it seems to me that that part of it’s being bypassed…They want to try to get this passed before the end of the year. That’s not many more days…we’ll see if this gets accomplished.
12-30-2020 Intel Guru MarkZ [via PDK] Iraq is shutting down a lot of oil and energy to Iran. They are still positioned for it… Kuwait, Jordan and a number of countries over there have shut down their borders in preparation for something. They are checking the amount of currencies you have at the borders…things are happening in the middle east we just do not know the timing at this point. [why is Iraq closing its borders?] Preparation…we saw Kuwait did the same thing before its RV. I think they are preparing to change its value in a meaningful, significant way.
12-30-2020 Newshound Guru Adam Montana Article quote: “The legislative procedures to complete the federal budget law may take from 20-30 days, and that the council will begin the first reading of the draft law early next January.” 2021 Budget. 20-30 days – this means January for completion (probability: good, for once!)
12-30-2020 Newshound Guru Breitling If you look at the Saddam Hussein era the currency was worth $3.25 cents…How many people were buying Iraq’s energy? It was a lot but it’s not as much as it is today…$3.25 with less customers! You understand what Iraq can do…Iraq needs to sell energy through the U.S. dollar and at the same time add value to their currency. Those are different markets. They have to add value to their currency as a policy so they can create the markets…If you look at it through that direction it’s crystal clear.
12-30-2020 Newshound Guru Breitling This last year they kept talking about adding value to their currency and complying with what Trump’s trying to do…the next thing you know they devalue it. What are they doing? They’re trying to negotiate because they’re on the edge of doing this. They want to devalue their currency so they can pay off debt – get the payments down…then they’re going to start adding value to their currency. Iraq needs to get out from under the U.S. dollar… adding value to their currency there’s more than one path…it’s very simple. It’s a policy based investment.