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Home » Iraqi Dinar Guru opinions 8-29-2021

Iraqi Dinar Guru opinions 8-29-2021

August 29, 2021
in Dinar Guru

8-29-2021 Newshound/Intel Guru Frank26 Article “The minister of Finance announces the completion of the preparation of the 2022 budget and comments on the exchange rate change” How else can they tell you they raised the value! What more do you want? …they will announce it when it’s time. They will announce it to their citizens and you will hear about it. It will be world news across the board. ABC, NBC, CBS…will carry it… Quote “The minister of Finance Allawi…The process of changing the exchange rate was not easy. The dollar exchange rate should have been changed years ago, which reflected something beneficial to reform the economic system.” Monetary reform first economic reform 2nd…

8-29-2021 Newshound Guru Pimpy Shabbibi was pissed off because he was not a fan of their [WTO] monetary policy. He said they did a great job of lowering inflation but it did nothing to help the growth of the economy because the exchange rate was too low…you can see that’s where they are now…when people go, ‘oh man that rte change is never going to change.’ Oh , it’s going to change. If he’s saying it didn’t help with the economic growth because of the exchange rate being too low what the hell do you think that means? Right now they’re trying to rebuild. If they really want to boom an economy get people back into work, they’re going to have to change the rate of exchange. Sooner or later you need more purchasing power…

8-29-2021 Intel Guru Petra Question “A little over 2 years ago the Kuwaiti conference was just loaded. 300 contracts had been agreed upon and signed. They were all motivated…we’ll protect your money, your equipment, your people, come on. Then all of a sudden they did not fulfill that…nobody came into Iraq. We’re talking about 100s and 100s of companies…what is the difference between 2 years ago when they were going to pour in and they just stopped…and now?” They did not have a plan. They did not have the ‘white papers’ to direct the future of Iraq. That to me was a key ingredient to acquire…they didn’t have that back then. So to me they were not ready…

8-29-2021 Newshound Guru Breitling Question “I understand Iraq will join the WTO by the end of the year, apparently they have to add value to the dinar before they can join. How true is this?” It’s not true at all. They probably will be in the WTO by the end of the year but look at China. They’re in the WTO. They’re the biggest currency manipulators on the planet…

8-28-2021 Newshound Guru Pimpy They’re not going to be able to do a whole lot of reconstruction if they can’t get more purchasing power. Now I’m not promising anything. I have no idea what’s in the 2022 budget. People say, ‘Do you think the rate change could be in there?’ Well yeah I do but that doesn’t mean it’s gonna be. Stay grounded.

8-28-2021 Newshound Guru MilitiaMan It’s exciting times…for this to go down you’re going to have to have reconciliation. It looks like they’re having reconciliation right before our eyes. That’s coming tomorrow [Saturday’s Regional Summit]…

8-28-2021 Newshound/Intel Guru Petra When we talk about reconciliation [Today’s Middle East Summit in Iraq] nothing drives people more together than money. The fact that all these countries are coming together there’s definitely a financial component to this meeting. IMO the majority of the meeting is how they all can benefit. All boats rise with the tide. I think the tide is rolling in…the timing of this has been sequential. It’s been strategic. Kazemi doesn’t do anything until he’s basically done it and then he reports on it…all the tools are ready to begin the ‘new mechanism’ to start and launch the new Iraq.

8-28-2021 Newshound/Intel Guru Petra I think that’s what they’re doing tomorrow [Saturday] is opening Iraq to the world IMO. Otherwise why would everybody be showing up? Over the years Iraq has always claimed ‘We’re going to do something.’ Everybody shows up and nothing. It reflects in the 2018 Kuwaiti conference. Billions of dollars on the sidelines and yet Iraq didn’t do what they said they were going to do. So everybody backed off. Clearly everybody is showing up because they were told they were going to do something. We are definitely in the nexus. It’s an exciting time. I’m more than encouraged…

8-28-2021 Newshound/Intel Gurus Walkingstick & Frank26 They [the new small category notes] will be released to the citizens once the education is more advanced. This education is being done before there is a value, during (when they raise the value) and long after they raise the value/the reinstatement is launched.

8-28-2021 Intel Guru Frank26 Article: “The Iraqi Finance Minister supports the floating of the currency.” A float internationally automatically raises a currency’s value. Congratulations Iraq. Quote: “Finance Minister…Allawi confirmed on Thursday that he supports floating the currency in a flexible manner.” That is a controlled float…When the value goes up please don’t go run to the banks… Quote: “floating the currency is fully or partially liberalizing the exchange rate so that the government or the central bank does not interfere in determining it directly, but rather it is automatically released in the currency market through the supply and demand mechanism…”

8-28-2021 Intel Guru Bruce [via WiserNow] …there was a call between the CBI and Chase bank…Chase is directly affiliated with Rafidian Bank in Iraq (…the largest bank in Iraq)…they are working very close with not only the CBI but the banks where the ATM machines will be…The other person on the call was the US Treasury…the Dinar in country rate…has been traded up and in a very respectful place right now in Iraq and what CBI did was assure…the Treasury and Chase Bank…that the rate would be at such and such a level…in “the coming days”…I believe was scheduled for…THIS Saturday – so we should have that new rate – they should have a true international Dinar that is known and tradeable… there may be reason to think we won’t get started until the first part or the middle of next week…It is very possible…

8-28-2021 Intel Guru Fleming Friday Night Fleming RV Report: Our military intel contact said that he is confirming Mr. Fleming’s and other sources reporting that we have reached the seemingly insurmountable summit and our wait is OVER…the news is very positive that we in T4B will finally see this release of exchanges between now and the end of the month next Tue 31 Aug…Everything is ready to start and we are just waiting for the green light for the shotgun start…He said keep in mind that the timing of the RV release has been a MOVING TARGET…He said enjoy your weekend as we are AT THE END!!

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