Category Archives: Uncategorized
Breitling
Breitling – Dinar Guru 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 … Continue reading
Breitling
Breitling – Dinar Guru 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 … Continue reading
Kaperoni
Kaperoni – Dinar Guru Changing the exchange rate has reduced demand on dollars. This is the result of a 22% reduction of the dinar exchange rate which made the dollars cost 20% more in Iraq…
Mountain Goat
Mountain Goat – Dinar Guru So, the questions on everyone’s minds are: 1) will we get the reinstatement in early 2021? 2) has the CBI truly been planning for this event…? Well…to answer these questions…the CBI is, in fact, planning to reinstate … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru What are my feelings if this reinstate will happen in early January 2021? If you look on the surface and didn’t know any better you would say Iraq is in chaos and the economy is … Continue reading
Breitling
Breitling – Dinar Guru There is a misunderstanding with Iraq. What is it is they’re doing and how specifically are they doing it? …The parliament, the Minister of Finance, the Ministry of Planning and the CBI they’re all talking about adding value … Continue reading
Dinar Investor – Jeff
Dinar Investor – Jeff …what they’re doing is injecting more U.S. dollars into Iraq’s economy that when the rate changes they have dollars instead of dinar…when the rate does change they have take their dollars into the bank for dinar. It’s … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru …The recent devaluation is hoped to accomplish the following: 1) limit the currency auction theft; 2) collect the other 30% of the three zero notes, 3) cause the citizens to buy US dollars by speculating that … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru I want everyone also to remember they have not forgotten about the 3 zero notes that we hold. They must also collect these notes too. This is part of the project to delete the zeros. We have … Continue reading
Breitling
Breitling – Dinar Guru They want to add value to their currency…They want to be able to participate in the markets. They want to diversify. They want to get out of the oil markets. They’re stuck. What are they going to … Continue reading
MilitiaMan
MilitiaMan – Dinar Guru I am sure everyone by now can see the postponements are intentional. They clearly have a goal, a purpose and it is on purpose imo. They are holding their cards (exchange rate) close to the chest as long as … Continue reading
Dinar Investor – Jeff
Dinar Investor – Jeff CBI’s website…1460 dinar equals 1 U.S. dollar…This was planned by design. Here’s the two reasons. 1. …to squeeze more of the 3 zero notes out of the citizens… 2. …a lot of the dinar actually does go to … Continue reading
Dinar Investor – Jeff
Dinar Investor – Jeff Article: “The Iraqi Council of Ministers approves the 2021 Budget” They told you it’ll take approximately 45 days for parliament to approve it and they told you it won’t be approved until February. Everything’s right on … Continue reading
Pimpy
Pimpy – Dinar Guru Article: “The exchange rate of the dollar in Iraq go down to 140 thousand per 100 dollars” We’re seeing an appreciation of the dinar. What I mean by that is they set the rate at 1 dollar … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru I see that there is so much concern about the latest news about how the CBI is now setting the old dinar rate of 1190 (about 84 cents) to 1450 (about 69 cents). What is the … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru Next, what was more amazing is at the same time the CBI also announced they are doubling the amount of US dollars for circulation. …The CBI is using the principle of supply and demand. …If … Continue reading
MilitiaMan
MilitiaMan – Dinar Guru Article quote: “…the bank is preparing to launch a package of measures that will achieve a shifting balance in the exchange rate for the year 2021…” They are preparing a package of measures that will balance the … Continue reading
Kaperoni
Kaperoni – Dinar Guru …The CBI is trying to maintain stability that is a given but it pertains to the market rate and there are several reasons why stability is important… As for the official CBI rate that rate could go up if … Continue reading
MilitiaMan
MilitiaMan – Dinar Guru Article: “Lowering the price of the currency .. What are its implications for the national economy?” The adjustment to 1460 is a devaluation. They are not going into a market economy with that. They didn’t at 1190, so with … Continue reading
Tman23
Tman23 – Dinar Guru Seen the IQD devaluation on ABC news, and to take place after first of the year. Quite frankly, not a surprise or shock due to the fact Shabibi said the change to currency and lifting the 3 … Continue reading
Dinar Investor – Jeff
Dinar Investor – Jeff Iraq just basically came out saying that the value of the dinar against the dollar has devalued…devaluing the currency, which is reducing purchasing power – it’s a last-ditch effort to squeeze the three zero notes out … Continue reading
Kaperoni
Kaperoni – Dinar Guru As we watch events unfold the past week in Iraq, it appears that Iraq has decided to finally float the dinar. Today’s initial devaluation appears to be the first step in this process. Many asked me if they … Continue reading
Pimpy
Pimpy – Dinar Guru Article “Parliament will extend its legislative territory with the arrival of the budget next week” Quote: “a draft of the physical budget version of 2021 which included a fixing the exchange rate of the dollar against the … Continue reading
RVAlready
RVAlready – Dinar Guru [Are we till looking forward to Christmas for this to RV] Looks like still before Christmas. The sooner, the better, I think.
David M. Witty
David M. Witty – Dinar Guru Iraqi Finance Ministry: the economic crisis is caused by a lack of oil imports & years of mismanagement of our economic system. We will raise the exchange rate but only once & ensure it remains … Continue reading
Pimpy
Pimpy – Dinar Guru Article: “Representative economy meets with the governor of the Central Bank” It looks like they are officially going to change the rate in the wrong direction for us. They are going to devalue it. I don’t want … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru The exchange rates of the dollar against the Iraqi dinar in the markets of Baghdad and Kurdistan rose again after witnessing fluctuations during the past days. …The Deputy Speaker of the Iraqi Parliament, Bashir … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru …This speculation is essentially creating its own kind of FREE float using the program rate and not even on FOREX. This is dangerous and just the issues that economists and financial analysts warned us of. This … Continue reading
Pimpy
Pimpy – Dinar Guru “The Financial Committee announces the details of its meeting with the governor of the Central Bank regarding the price of the dollar” Don’t be fooled by this…What I think they are trying to do is discourage people from … Continue reading
Pimpy
Pimpy – Dinar Guru Article: “The Central Bank is preparing for measures to achieve a balance between the dinar and the dollar” We’ve been hearing a lot of talk about the rate change…I kind of think what they … Continue reading