Category Archives: Uncategorized
David
David – Dinar Guru It’s big. If you need proof go back to World War I, World War II, Korea, Iraq and eventually Venezuela and you’re going to see a pattern. We sanctioned them, there was conflict, we entered their country, … Continue reading
Sandy Ingram
Sandy Ingram – Dinar Guru The Untied States just sanctioned a Turkish bank accused of providing Iran with a critical financial lifeline. Could Iraqi banks be next? The answer is yes…Reuters recently reported Iraq could become an example of how America pressures countries that continue … Continue reading
Clare
Clare – Dinar Guru Article: “Central Bank Governor: Changing the currency is within our authority, and removing zeros requires legislation in Parliament” Quote: “The process of reforming the banking sector is continuing in coordination with Oliver Wyman,” indicating that “there are no … Continue reading
Reset Intelligence
Reset Intelligence – Dinar Guru Smaller Notes Only Mean One Thing. A note smaller than 250 dinars is worthless at today’s rate. A state prints one only when it knows the rate is about to change…Baghdad intends to print a banknote that makes … Continue reading
Stephen
Stephen – Dinar Guru Lower denominations are being discussed. It’s out in the public. It’s out in the forefront. This is an important piece of the puzzle. Article quote: “Iraq parliamentary finance committee says there is an intention to issue notes smaller than … Continue reading
Samson
Samson – Dinar Guru Article: “PARLIAMENTARY FINANCE COMMITTEE : THERE IS AN INTENTION TO ISSUE BANKNOTES IN DENOMINATIONS SMALLER THAN 250 DINARS“
Ariel
Ariel – Dinar Guru The rate change is a consequence of budget authorization, not a precondition for it…The budget is the trigger. Everything else follows from it… The Actual Order of Operations: 1. Council of Ministers approves the 2027 budget with redenomination language. 2. Parliament … Continue reading
Jeff
Jeff – Dinar Guru Question: “Are you of the idea that the revaluation comes after the reinstatement with the rate being set to float?” Jeff: It can’t float. It may be a managed float but not a massive float. Managed is only … Continue reading
Clare
Clare – Dinar Guru Article: “Iraq ‘cannot afford to take risks’… State administration warns of the repercussions of US sanctions” Quote: “On Saturday, the State Administration Coalition discussed completing the government formation, the draft oil and gas law, and the country’s financial situation, … Continue reading
Stephen
Stephen – Dinar Guru Why not have a little bit of fun with it and speculate here…In my head, I think it’s a range. I think it could be anywhere from 50 cents up to $3.72, somewhere in there.
David
David – Dinar Guru I’m not convinced Iraq is concerned with what’s being held outside its borders. It’s a worthless currency, hence the two rail system. When it comes to the revaluation…based on history…it is more likely going to be revalued than not.
Jeff
Jeff – Dinar Guru If you go back to the year 2020 when it devalued, they put out countless articles telling us it was going to be devalued and go down. They put all that out there, why? Because it was … Continue reading
Clare
Clare – Dinar Guu Article: “The Central Bank warns against fake news aimed at destabilizing the economy” Quote: “A short while ago, news spread on social media that the exchange rate had changed, and that the Central Bank had announced that deposits … Continue reading
Stephen
Stephen – Dinar Guru For as long as I have been involved in this investment there’s been rumors about banks having De La Rue machines, [And] if a bank does need a De La Rue machines to verify your currency…? The … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru I talked to my CBI contact…and I was told this decision of 2027 is not yet final. She told me she cannot understand how they would even think about waiting that long to swap out the currency. This is … Continue reading
Jeff
Jeff – Dinar Guru Question “Do you think we’re going to have to have a receipt?” Let’s talk about this receipt crap…You need receipts to exchange your dinar is the biggest pile of horse crap. You don’t need it. If you went … Continue reading
Stephen
Stephen – Dinar Guru Are we going to have to trade in our dinars for [lower] dinars? Unless you’re living in Iraq, no. We are in this process to make a profit. We’re not here to exchange our old currency for new … Continue reading
Sandy Ingram
Sandy Ingram – Dinar Guru Many IQD investors have been told that when they experience a profit on their exotic currency investments there will be no taxes. One of the reasons for this misinformation is because when you exchange currency at an … Continue reading
David
David – Dinar Guru You cannot pass a budget unless you have an established rate…I’ve used the word float to contextualize what is going to happen with the Iraqi dinar. But at best it’s going to be a managed float. It … Continue reading
Reset Intelligence
Reset Intelligence – Dinar Guru The CBI sets and announces the rate… any morning it chooses. It does not need the budget, the cabinet, or a vote. That is literally the law: Central Bank Law No. 56 of 2004, Article 1/4/A, exclusive authority over exchange rate … Continue reading
Jeff
Jeff – Dinar Guru They’re not waiting until ’27 to delete the zeros. In my strongest opinion I think they want all the zeros deleted during Q4 which would be the beginning of October to the end of December. The ’27 budget is … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru I…want to point out the convergence of events that is about to happen. We will get peace in the middle east, Iran’s influence in Iraq will end, the IQD will be on FOREX, accession to the WTO, … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru Article: “IRAQI GOVERNMENT MAY INTRODUCE A NEW CURRENCY IN 2027” Quote: “This development comes amid ongoing regional and domestic economic pressures, making 2027 a potential turning point for Iraq’s monetary policy.” …in this recent article from Baghdad… we learn of the urgency … Continue reading
Stephen
Stephen – Dinar Guru Community Comment: “My husband worked in Iraq. He was a contractor there. He bought a bunch of dinar, doesn’t have receipts…” I have a problem too because I bought a lot of my dinar back in 2011 and … Continue reading
Jeff
Jeff – Dinar Guru The budget is a law. All aspects of a law have to exist to approve it. Budgets are calculated off of what is a currency value. The correct currency value has to exist before they can approve that budget… … Continue reading
Samson
Samson – Dinar Guru Article: “SHEIKH HAMOUDI : IRAQ WILL ANNOUNCE ON 1/10 [October 1st] THE PROJECT OF FULL NATIONAL SOVEREIGNTY”
Reset Intelligence
Reset Intelligence – Dinar Guru In 1990 two neighboring currencies both bought more than $3.00 each…One Iraqi dinar bought $3.22 sitting right beside its Kuwaiti neighbor at $3.47. Two dinars, two neighbors, both above $3.00. Then one was rescued and the other let out. Iraq … Continue reading
Clare
Clare – Dinar Guru Article: “The 10 strongest currencies in the world… the top four are Arab!” Quote: “Today, the Kuwaiti dinar tops the list. One dinar can buy more than three US dollars…The strange thing is that some of the … Continue reading
Sandy Ingram
Sandy Ingram – Dinar Guru Re-denomination and revaluation do not mean the same thing…A re-denomination changes the numbers printed on the currency, usually by removing zeros…Your purchasing power does not automatically increase. If 1,000 old dinars equals one new dinar, your bank balances, … Continue reading
Stephen
Stephen – Dinar Guru There’s been a firestorm in the dinar community arguing for redenomination…[or] are they going to revalue then redenominate?