Category Archives: Uncategorized
Pimpy
Pimpy – Dinar Guru There are people who stole from the Iraqi government, millions and millions of dollars [worth of dinar]. So what happens when they redenominate? You have to bring in your currency and exchange it for the new ones. And what happens to … Continue reading
Reset Intelligence
Reset Intelligence – Dinar Guru A country [Iraq] that just ordered 7.5 billion new notes has stopped dispensing the old ones…Here’s how an exchange actually works… An exchange works by making the old paper unusable and the new paper worth walking in for. The … Continue reading
Jeff
Jeff – Dinar Guru Once they become sovereign it’s go time…But to become sovereign they have to pay the US back through the means and aspects of revaluing or increasing the value of their currency. What has to happen is the … Continue reading
Stephen
Stephen – Dinar Guru The cash crisis in Iraq is a very real thing…and it’s a very big deal…It has always been debated, what events are we going to see just before the revaluation takes place. Are all the dealers going to … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru Article: “A CRISIS OF CONFIDENCE AND A CASH ECONOMY: AROUND 97 TRILLION IRAQI DINARS ARE OUTSIDE THE BANKING SYSTEM” …another article…reinforcing the problem once again and thus why they need to remove the zeros in the first place … Continue reading
Jeff
Jeff – Dinar Guru Your receipts and certificates of authenticity are for your taxes, not for banks. Banks do not give a crap about your receipts when you go to exchange. For example, if you went to Europe and came back … Continue reading
Reset Intelligence
Reset Intelligence – Dinar Guru The Central Bank of Iraq published two documents on Wednesday. One went to the public: a formal statement… denying that any new currency has been printed. Its companion went to every licensed bank and financial institution in Iraq…It … Continue reading
Stephen
Stephen – Dinar Guru The CBI finally addressed all the commotion we have been seeing in regards to the deletion of the three zeros. CBI Statement “Reports that the bank has already printed quantities of new zero deleted currency for … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru In today’s news…we have two members of Al-Zaidi’s cabinet the communications director and now a member of the Finance Committee (which is ‘BIG’) that there is a government trend towards officially removing zeros from the Iraqi dinar and issuing … Continue reading
Reset Intelligence
Reset Intelligence – Dinar Guru Hiring a fiduciary adviser is the moment a windfall either stays yours or starts leaking…You are the client. A lawyer, a trustee, a banker, and a trust provider all work for you, and the terms you … Continue reading
Jeff
Jeff – Dinar Guru Adjusting zeros on currency has everything to do with inflation. If they add zeros they devalue it. If they remove zeros, they’re strengthening the value. That’s all that it means. Not rocket science…Our notes are going to remain the … Continue reading
Stephen
Stephen – Dinar Guru Are the banks going to accept your Iraqi dinar? … If you ask your bank today if they deal with Iraqi dinar, they are going to tell you they do not deal with it today. Depending on if … Continue reading
Militia Man
Militia Man – Dinar Guru A coordinated REER style adjustment remains the more feasible and credible path…What’s been taking place, modernization, formalization, transformation…is part of that whole scenario…Everybody’s moving forward doing the best they can and working toward the end which is … Continue reading
Sandy Ingram
Sandy Ingram – Dinar Guru Importing…revenues are scheduled to exceed…$2.6 to $2.7 billion by the end of 2026 which will be the highest annual customs revenue in Iraq’s entire history…Reform paid off big…Iraq implemented the ASYCUDA automatic customs system…The systems make … Continue reading
Pimpy
Pimpy – Dinar Guru A removal, a lopping, a redenomination, a deleting of the zeros, it’s all the same thing…We don’t want them to remove the zeros. We want them to change the exchange rate…and leave the zeros on there. That’s what … Continue reading
Clare
Clare – Dinar Guru Article: “The central bank denies printing a new currency with zeros removed” Quote: “A statement from the bank said…we deny that the bank has printed new Iraqi currency with zeros removed…any future project related to restructuring currency denominations … Continue reading
Jeff
Jeff – Dinar Guru The troops talked about maybe being out prior to September 30th, maybe around September 15th. Could that speed up the rate change? …No…Here’s why…Banks planned, prepared, drafted the rate change. They schedule everything. If the agreed upon date was … Continue reading
Stephen
Stephen – Dinar Guru No one knows the date. No one knows the rate. But from everyone I’m talking to that are smart, intelligent, wise, non-hopium type people, they’re all saying, ‘Start getting your ducks in a row. Start preparing.’ Establish your cost … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru …so many articles on removing the zeros and what to do about the monetary reform…Why in hell would they do this if not a major effort to initiate this event. Remember also I am on the phone with … Continue reading
Clare
Clare – Dinar Guru Article: “Lawmaker: Iraq Plans Dinar Redenomination But Law Still Awaits Approval” Quote: “Dinar redenomination requires a formal law, parliamentary readings, and a final vote. The currency reform will not alter the dinar’s exchange rate against the dollar…However, Iraqi … Continue reading
Stephen
Stephen – Dinar Guru If your bank is telling you they’re not accepting Iraqi dinar, don’t get worried. Don’t get stressed. That is a typical common response because banks only deal in absolutes. They don’t deal in speculation. They don’t deal in hypotheticals. As dinar … Continue reading
Jeff
Jeff – Dinar Guru Iraq times and delays their actions around what is the rate change date. Article: “Iraq cabinet nears completion, only 2-3 ministers unresolved” This is being timed and delayed…I would set your sights on…around mid-September…When it comes to the … Continue reading
Reset Intelligence
Reset Intelligence – Dinar Guru Question: “Does the redenomination and the evaluation happen at the same time?” An exchange opens with a window and a deadline. Bring the old notes to a bank and you get the new ones. Hold out and on … Continue reading
Militia Man
Militia Man – Dinar Guru Article: “A crisis of confidence and a cash economy: Round 97 trillion Iraqi dinars are outside the banking system” roughly 90- 97 trillion dinars sitting outside the formal banking system out of about 105 trillion issued…Roughly two-thirds…is actively … Continue reading
Clare
Clare – Dinar Guru Article: “Despite government denials, a member of the Finance Committee confirms the imminent removal of zeros from the dinar” Quote: “the Iraqi government received recommendations from international bodies, including the United States, to remove zeros from the Iraqi … Continue reading
Kaperoni
Kaperoni – Dinar Guru Several delete zeros LOP articles are now coming out. But these are not official and they are not the decision of the CBI. In my opinion they are just to combat speculators. It is contrary to what Iraq is … Continue reading
Sandy Ingram
Sandy Ingram – Dinar Guru It’s not the news we were hoping for…The new regional Central Bank of Iraq’s governor told parliament’s finance committee that Iraq’s foreign currency reserves have fallen from approximately $109 billion to $77 billion. This is a decline … Continue reading
Stephen
Stephen – Dinar Guru There is an acceleration period happening right now that I don’t think anyone can deny. Even if you’re not a bullish dinar revaluation investor, you could still look at the country of Iraq and say, you know what, a … Continue reading
Clare
Clare – Dinar Guru Article ”US pressure on Baghdad to expedite the removal of zeros from the dinar to curb money laundering” Quote: “the approval of this project will strip the old currency denominations of their legal tender value and stop their circulation … Continue reading
Jeff
Jeff – Dinar Guru You’re lucky to see one or two deleting the zeros articles per year…There was 10 to 15 articles in one day. Ever since there’s been one or two every other day since two Sundays ago. Today there … Continue reading