Francis Albert – Dinar Guru Reducing the three zero notes in circulation is not the impetus for two simultaneous currencies, …it is simply reducing the three zero notes in circulation.
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Dinar Investor – Jeff …so no one is miss led in any way…No country’s budget contains a rate. The budget itself is calculated off the rate but the budget never contains a rate…you’ve always seen their [Iraq’s] budgets calculated in the range of trillions of dinar. When the rate changes it will transition to being calculated in billions of dinar. How does that work? The budget has what’s called a writer…it will allow that to automatically change from billions to trillions. In other words they drop the zeros. It’s that simple. My point to you is you will never know that the rates gonna change before it has changed. They will not let any clues or signs leak out…
Dinar Investor – Jeff …Let’s clear the air…Lower denoms before the rate change. That cannot and will not happen. Reason why? If they release the lower denoms before the rate change it just became a currency devaluation. So again they can not release lower denoms before the rate change…the rate change is like a nucleus. Everything is linked to the nucleus. Once the rate changes that’s when all the dominoes fall…
Kaperoni – Dinar Guru …Nothing is happening with the dinar until laws are passed and significant investment comes in through the private sector in Iraq.
Mountain Goat – Dinar Guru Article: “IRAQ’S PROTESTS RAISE QUESTION: WHERE DOES THE OIL MONEY GO?” Quote: “IRAQI LEADERS HAVE BEEN UNWILLING SO FAR TO REFORM THE SYSTEM,…” …So can we all see why not the US govt through the US Treasury is holding up the reinstatement? How can they place all this money into Iraq and then watch it mismanaged and have the dinar only crash afterwards? …“where is the RV”…It is being purposefully held up because: 1. the CBI wants to move forward but crooked Iranian backed politicians stall it; 2. the US Treasury says not until they learn how to manage their funds, lessen corruption and thus the government is more stable.
Dinar Investor – Jeff …a few weeks ago I shared a detail showing that Iraq was stressing the need for transparency going forward and that was stated in an article that transparency was key. That’s what the 2020 budget is all about. The 2020 budget…is the number one thing that has to happen before the RV. The 2020 budget is the financial roadmap to the rate change. Now I have another article saying they are going through the 2018 budget and finalizing all it’s accounts. And they’re going through that 2018 budget with a fine toothed comb to find all the corruption and all the wrongdoing with the money to use this in preparation for the 2020 budget…
Adam Montana – Dinar Guru Iraq is in a fantastic spot right now. YES, they have had a rough 6 weeks or so. The people have been demanding change, and it looks like they are getting it. The GOI is making real changes to their government structure, Parliament is discussing some necessary actions to reduce corruption, restructure their systems, and make a final push towards recapturing their glory days…I’m sure a lot of people have given up on Iraq recently. Quite honestly – this is good for those of us that have chosen to hang in there…with every “loss” of outside investors, Iraq’s obligation to the world decreases, and makes it easier for them to come out with a higher value. The saying goes, “it’s always darkest before the dawn”. Iraq has seen some dark times. But dawn IS coming… I’m hanging in there, and I’m thankful that you are as well.
Delta – Dinar Guru …MSG FROM DEMONSTRATOR TO EVERY IRAQI… “Baghdad will leave the title of the worst city in the world. Your passport will regain its prestige, and your dinar will be revalued. Your children will have a better future than yours. The peoples of the earth will respect you and no one will dare to despise you, if you decide to do so and insist on it…the victory of one Iraq“
Mountain Goat – Dinar Guru …there will be no RV or reinstatement of the Iraqi dinar unless they can somehow get the Iranian influence out of the government politics, clean up the corruption. So why all the hype and panic now about these demonstrations? The sky is not falling in on Iraq. What we are witnessing is exactly what needs to take place. The pressure for the demonstrators is causing all these fixes to happen at warp speed. This is all so good for us and our investment. It is happening and we all should be glad and jumping for joy this is now being addressed.
Mountain Goat – Dinar Guru …We also just heard this morning 11/18/19 that parliament is going to vote on some needed legislation in regards to these demands. Then out popped an article telling us that the 2020 budget will reach parliament in the next few days or so for the first vote. Oh – boy this could get interesting real fast. But the budget has an implementation date of Jan 1st 2020. Why? Because their fiscal year begins on Jan 1st… The first quarter of their fiscal year is the BEST time to reinstate the currency. …looks like our early January 2020 date creeps up again. …I am keeping my fingers and toes crossed this time this is finally the beginning of the end of this Iraqi dinar RV ride. [post 2 of 2]
Mountain Goat – Dinar Guru …Did the CBI just end the currency auctions? …Let this news play out and see if, in fact, the currency auctions do continue and are picked back up and the buy and sell rates change. Or will this finally be the end and the reinstatement is just around the corner? …if they are exchanging very limited dinars for US dollars via the currency auctions, then how can the banks continue in business? Could this mean “reinstatement” time…finally to get out of this situation? We know this was on the very first list of demands from the demonstrators so let’s see what happens. [post 1 of 2]
Mountain Goat – Dinar Guru Article: “WHY DOES IRAN HATE IRAQ’S UPRISING?” …I have been telling everyone for years that unless the Iranian influence is GONE from Iraq their will be no RV. So now we see it playing out finally coming to a head. This needed to happen to transition away from Iran. This process had to begin and now we must wait and watch it all play out before the CBI makes its next move.
Dinar Investor – Jeff …the budget. Let’s talk about what’s inside it because it’s very important…Baghdad and Kurdistan are meeting to resolve numbers and math within the budget pertaining to Article 140 the HCL and now they’re telling you that reconstruction is in the budget and reforms are in the budget. All those items are post rate change items...Because every single one of those items are within the 2020 budget this means they’re also waiting on the 2020 budget…notice how all of those items are items that are being promised to the citizens in regards to the demonstrations but yet they’re also waiting on the 2020 budget…that means they can’t wait too long to get them implemented...
MilitiaMan – Dinar Guru Article: “An economist depends on the return of Iraq to its place the continued cohesion of the demonstrators” Let’s see them cool off the demonstrations to the level needed to maintain cohesion amongst themselves and have Iraq now provide the purchase power that will support their national spirit. As the economists suggests it can be done in record time.. Sounds good to me.
Dinar Investor – Jeff …we have seen more articles since July talking about article 140 and HCL more than we ever have in history. And those types of steps and actions would strongly confirm that we’re right on the edge of this. But like I said time is a factor…this is not a get rich overnight kind of thing…
RVAlready – Dinar Guru I see this driven to quick conclusion by at least 3 drivers: Iraq protesters need an RV, imminent implosion of fed fiat money system, and possible implosion of derivatives market. We shall see what the future brings. Hopefully, an RV – and soon.
Dinar Investor – Jeff …what Iraq is showing you through their actions is they are waiting on something for the rate change. They’re waiting as you and I are. Their actions show you that. What are they waiting on? Who’s in charge? That’s real easy. Look at who’s throwing their power around. Look at who’s doing the most…who shed blood for Iraq? Who poured trillions of dollars into Iraq? Who’s flexing their muscles around the world? …It’s Donald Trump’s in charge of the timing of the rate change and I promise you he has an agenda…
Mountain Goat – Dinar Guru Article: “THE FILE AUCTION CURRENCY OF THE MOST CORRUPT FILES IN IRAQ” …so here we hear the same old, same old, same old complaining about the currency auctions and how much money is being stolen from the Iraqi people. Can you see why now the protestors are demanding these auctions to end? Will they get their demands met? To me it seems they MUST get their demands met and this is one of the critical demands. Remember this demand was on their FIRST list of demands.
Delta – Dinar Guru [Security and stability for the reinstatement] THIS TIME IS THE OTHER WAY AROUND…REINSTATEMENT FOR SECURITY AND STABILITY…CBI IS MOVING FORWARD AND IMO NEXT WEEK SHOULD BE SOOOOOOOO HOT…
Mountain Goat – Dinar Guru …this currency auctions reform is not going to go away either unless they address it and do it very soon. No- they don’t need the protesting to end prior to ending the currency auctions. All they need to so is continue with the project to delete the zeros, pop out the new promised rate and move forward with the reinstatement. Certainly pressure from the US is going to let them do it now. [post 2 of 2]
Mountain Goat – Dinar Guru Article: “UN EFFORTS TO PRESS THE GOVERNMENT TO ADOPT MAJOR REFORMS WITHIN THREE MONTHS TO FACE THE PROTESTS” Just so you know…stopping the currency auctions is one of these “major” reforms they are talking about [in] this article… They can give money to housing units that are unfinished and even improve roads, etc,, but this one they can’t escape. Seems so far, all the “reforms” they promised are like bribes just to shut the protestors up…Oh – but it’s not going to work this time. [post 1 of 2]
Adam Montana – Dinar Guru The good news is that I see lots of good reasons to come back with more updates before next Wednesday… It looks like the protest situation is coming to a head, all while budgetary and other government issues are also moving forward. The US is putting pressure on Iraq to do something about the protests, which really means the US is putting pressure on Iraq to get their butts in gear…the Iraqis are grumbling about “US interference”, but the fact of the matter is this: if the US is putting pressure on them, they are going to do something. And they are going to do something that moves Iraq in the direction we want, and it’s not going to drag out forever. Personally, I see that as a positive sign and I’m looking forward to the next week… We are looking at a positive situation, friends. I’ll be back with more as it develops – hopefully even before the weekend, if the rumors I’m hearing are correct. This can all come to a head very quickly.
Vital Brad – Dinar Guru …parliament met on Sunday and passed new election laws…it lowers the age to be president down to 25 and lowered the number of house of representatives…they want to get the corrupt government [out]…There was still a lot of protesters blocking roads, blocking bridges. They’re still not happy. Nothing really happened to change their circumstances…There’s a lot in the dinar community that believe this revaluation is gonna happen any time now and that’s the key that these Iraq people are wanting and missing is some wealth. They’ve been stripped of everything since the war…if their currency was reinstated that would change everything…some people are saying November is a very good window for this to happen and they’ve met all the requirements so realistically it could happen any time…
Dinar Investor – Jeff Article “Secretariat of Council of Ministers: Adding allocations for reform packages to the budget of 2020 without moving the doors” …I have an article that tells you the reforms are in the 2020 budget. That’s huge…remember most of the major reforms are post rate change steps…notice how I told you the rate cannot change until after the 2020 budget because of what’s inside of it. This is huge. I hope you’re seeing how important the 2020 budget is…they’re telling you from many different angles how important this budget is and how much post rate change money is inside the 2020 budget.
Dinar Rate UPDATE Today’s CBI rate updates has the official exchange rate back within 2% of the market rate! The rates were apparently outside of the “2% rule” for 3 days. It’s unclear if 3 days is enough to knock the dinar out of compliance or not. At this point the gurus don’t know if the IMF rules require a daily “within 2% spread” for compliance or if it’s based on a weekly or monthly average. The Iraqi Dinar has been in compliance for over a year in a half before this 3 day slide.
Tman23 – Dinar Guru I posted, early October that I was told November 13 was said … planned to be the biggest movement of wealth in world history… I also didn’t want to tie it to dinar but was hopeful that the possibility existed… I wait to see what happens tomorrow too…but only reason I posted it is … very credible person and it wasn’t dinar related… I’m hoping for everyone that there is a connection.
Mountain Goat – Dinar Guru Article quote: “Iraqi Prime Minister Adel Abdul Mahdi said on last Tuesday his government would not respond to demonstrators’ demands to resign without a “smooth and swift” alternative.” …the prime minister of Iraq Mahdi, has not left his position… The recent news from Iraq told us Mahdi would and could accept a peaceful transition to a new PM for the sake of keep law and order…Mahdi also spelled out the conditions under which he would resign…Then Mutada al-Sadr has even come out and said he would prefer NOT to hold re-elections…But you can see the frustration of the demonstrators and why they might want this resignation as an alternative to what they now have…But he is NOT the real cause of Iranian influence in Iraq.
Chattels – Dinar Guru Article: “BAGHDAD/ NINA/The exchange rate of the dollar fell on the stock market struggle and local markets today.” Quote: “Selling and buying prices in banking shops: selling price of the dollar = 121.750 dinars. The purchase price of the dollar = 120.250 dinars” “selling price of the dollar = 121.750 dinars” is not in compliance with the 2% variance calculation between the market rate and the official rate.
Dinar Investor – Jeff Yesterday Iraq’s parliament completed the Election Law. That’s the first real step that they’ve actually been able to complete in the way of reforms for the citizens due to the demonstrations. What they’ve done through the Election Law is it only pertains to their Parliament. They’ve reduced the number of seats from 329 down to 213 seats within parliament and they’ve reduced the age of nominees down to 25. Overall that’s going to work to satisfy the demonstrators to a small extent. They’re calling this reforms. In a way it’s kind of sad but this so far is the best item that they have actually been able to offer…you can clearly see their [parliament and the GOI] hands are tied and they’re waiting on that rate change…