Iraqi Dinar Guru opinions 6-29-2022

6-29-2022 Newshound Guru Tivon Article: “The Central Bank announces that the Iraqi gold reserves have risen to more than 130 tons” …the reserves are prepared to protect against local & international changes! Consider what that means when you think about the 100 deputies signing on to follow through on what Al-Kazemi requested of them [lower the exchange rate]… Mazhar Saleh (Financial Advisor) said that they can maintain the purchasing power that will result from the reinstatement because of their reserves….

6-29-2022 Newshound/Intel Guru Mnt Goat Article: “ECONOMIST: THE DOLLAR EXCHANGE RATE WILL NOT RETURN TO ITS PREVIOUS ERA DUE TO INTERNATIONAL OBLIGATIONS” …we read in this article that the “previous era” is referring to the old program rate and not pre-1991 era rate…Instead of changing the program rate back to the old program rate they are going to reinstate it and get off the program rate altogether…Also we read that the economic growth will meet monetary obligations of the World Bank…they already have a timeline set up for the reinstatement…This IQD will be reinstated. We will be going to the bank soon as they are just waiting for a “STABLE GOVERNMENT”.

6-29-2022 Newshound Guru Walkingstick [via Frank26] The CBI is meeting with the AMF (Arab Monetary Fund). The topic of this meeting is the “swapping” of currencies with a number of countries in the Middle East region. Why would you want to swap a toilet paper valued currency? You wouldn’t…

6-28-2022 Intel Guru MarkZ [via PDK] [Who decides the exchange rate?] I am told it is decided in the gold treaty and the rate is fixed.

6-28-2022 Intel Guru Frank26 Article: “The Central Bank announces that the Iraqi gold reserves have risen to more than 130 tons” it’s much much more than that. This country is in such great position to add great value to their currency…why would you go all over the place and collect as much as you can in gold for your currency that is of no value? Because it’s going to have value.

6-28-2022 Newshound Guru Militiaman Article: “Deputy For Al-Fateh: The Exchange Rate Reduction Will Soon See The Light” …100 deputies openly supporting the exchange rate change is powerful. They are campaigning. A sign of currying favor from the citizens. They want their purchase power.

6-28-2022 Newshound Guru Kaperoni Local media announces today Al-Maliki will carry out a coup and become prime minister again…He is bad news for Iraq and is a pawn of Iran…Plainly put this is terrible for Iraq. Maliki is a wannabe dictator and has desires to control the central bank funds. Back in 2012, former central bank governor Al-Shabibi accused Maliki of stealing enough money to support 20 million citizens…al-Maliki has quietly as leader of the State of Law Coalition harpooned much of Iraq’s success waiting for his opportunity to come back.

6-28-2022 Intel Guru MarkZ [via PDK] I am told the CBI can change the rate before the government is sat…

6-28-2022 Newshound Guru Pimpy Article: “The Central Bank announces that the Iraqi gold reserves have risen to more than 130 tons” Do what they do not what they say…they didn’t buy some gold, they bought a huge amount of it…a 35% increase. That’s huge…this time around they are definitely preparing themselves in case something should happen to the oil market…

6-28-2022 Newshound Guru Samson Article: “The Central Bank announces that the Iraqi gold reserves have risen to more than 130 tons” Quote: “Iraq has advanced ten ranks in the table of the most countries in gold reserves, bringing its total possessions to (130.39) tons, ranked thirty in the world and fourth in the Arab world.”

6-28-2022 Newshound/Intel Guru Mnt Goat Article: “DEPUTY FOR AL-FATEH: THE EXCHANGE RATE REDUCTION WILL SOON SEE THE LIGHT” Quote: “..the issue of reducing the dollar exchange rate is soon after collecting the signatures of 100 deputies to vote on reducing it under the dome of the House of Representatives.” Just remember they tried this before and it did not work, however it does put pressure on the CBI and to let them know something must be done about the IQD rate soon.

6-28-2022 Intel Guru MarkZ [via PDK] In Kuwait…literally that morning they said it would be 2-3 years before they RV’d…then they turned around and did it that same morning… Kuwait shot all the way up to $9.88 before it settled back down to the $4 range…Iraq cannot wait another couple years without an RV. Because of political instability and their low currency-because the country has great wealth…historically Iraq is one of the wealthiest regions in the whole world…vast oil reserves and gold reserves as well…

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