Pimpy – Dinar Guru When the first rate change takes place I have a feeling it’s going to be a little bit on a low side. Not tool low but let’s say it’s a $1.74…a bulk of people are gonna go running down there and cash it in because they want to hurry up and do that…if you have enough dinar to do this I say you take enough down there to pay off your bills, to get enough money to live very very comfortably and then hold on to some. Exchange rates are going to keep going up because they’re much stronger country than Kuwait is. This is going to be the trading Mecca of the Middle East. There’s no doubt about it.
Kaperoni
Kaperoni – Dinar Guru The only way that dinar can go up in value is for them to float the currency gradually over time. Doing so would allow them to not only reduce the currency in circulation, but allow it to go up in value gradually to counter any inflationary pressure created from economic success.
Desert Advisor
Desert Advisor – Dinar Guru Article “Minister of Finance Ali Abdul-Amir Allawi confirmed that the process of changing the dollar exchange rate contributed to reforming the economic system” Changing the dollar exchange rate? Read that? They changed the dollar exchange rate? Well what is it? They haven’t told us…they reformed their banking system already…within three weeks a new budget…they changed the exchange rate but they having said what it is.
Breitling
Breitling – Dinar Guru I still see the rate coming out in the .50 to 60 cent range and then growing from that point. But if the United States doesn’t have as much control as they did and somehow we pull more troops out of Iraq you’re going to see a de-dollarization and you’re going to see them add value to their currency literally overnight. And you need to get out [of the dinar/exchange]. You need to be prepared…it’s not going to threaten the revelation of the Iraqi dinar. If anything it’s going to quicken it and that’s the way you have to look at it.
Pimpy
Pimpy – Dinar Guru You guys brought to my attention the article in which a Financial Minster of Iraq Allawi says he supports a floating exchange rate which is good…that means the market dictate the value of the Iraqi dinar. That means the Iraq dinar is not pegged to the US dollar any longer. Good. That’s what you want. But it’s not a true floating exchange rate. That’s what we call a managed float or a dirty float. In other words it floats on its own depending on what the market things of it but if it goes too far one way or the other the bank interferes with the rate change and affects it either way – going up or down.
Frank26
Frank26 – Dinar Guru Article “The Iraqi Finance Minister supports the floating of the currency” Quote “The Iraqi currency is floating, but the central bank intervenes from time to time until it places it pithing a certain bar…floating the currency is fully or partially liberalizing the exchange rate…” Let my exchange rate go!!!
BobTheTaxMan
BobTheTaxMan – Dinar Guru Under the new administration we’ve got there’s huge changes that are going on, particularly in the estate tax arena. Anybody who makes over $400,000/$1 million you can expect they are going to be taxed to pieces…[Hopefully that includes everyone who owns dinars!] So there has to be new strategies made and put into place…we anticipate this thing may RV, it may be a short quick opportunity to be able to move in, get it done and get out. What do you need to have to get sure you’re going to be relieved from having the hugest taxes possible…?
Kaperoni
Kaperoni – Dinar Guru The two most important facts that everyone should look at when they consider the dinar. 1. How much dinar is in circulation? Answer- well over 42 trillion. 2. What is Iraq worth? Answer- all the minerals in the ground including oil is only around $16 trillion.
Pimpy
Pimpy – Dinar Guru I believe the Iraq dinar rate is going to change for the better. I believe it’s going to get back up there. The reason for that is…in comparison of Iraq country to the Kuwait country and if you look at the things that contribute to the value of the dinars, their currencies, you could see that Iraq clearly has more to offer…should have a stronger dollar but right now the Kuwait dinar is the most valuable currency out there…I know the Iraqi dinar is eventually going to catch and pass the value of the Kuwait dinar. If anything it’s probably going to be the most valuable currency.
Breitling
Breitling – Dinar Guru Question “Do you believe this withdrawal from Afghanistan will have any impact on the region and how does that affect our anticipated revaluation of the IQD?” What’s the ripple effect of what’s happening? We don’t know yet...as far as Iraq goes it has the opposite effect. People are like ‘Oh my God the regions going to go to hell and they’re not going to revalue it.” You guys, we forced Iraq into the currency that they have. They’re also attached to the U.S. dollar. [Post 1 of 2]
Beitling
Beitling – Dinar Guru So if that region goes kaput and they are no longer on our team we’re going to de-dollarize them and they are going to be forced to add value to their currency. That’s a big plus for us. But That comes with a major warning. Whatever they come in at you gotta get out. We are not going to let them get rich. If you have trouble believing me go ask Venezuela. Go ask Iran. Go ask these countries we’ve completely crushed their economies…Do I think that’s going to happen? No I really don’t… [Post 2 of 2]
Pimpy
Pimpy – Dinar Guru There is a huge summit. I was excited about it. I was hoping to hear some great things about it and of course al my hopes came true…there’s a lot of information going on about the summit and it’s success...there was a lot of great counties, 9 in total…what they were doing was really wishing Iraq luck and they all support Iraq ready to be on their own…finally have their own sovereignty reinstated. All of them are agreeing to support Iraq…They support the White Paper reforms and they all agreed on different forms of trade and security and education…they whole 9 years. That’s what I really was hoping for…
RVAlready
RVAlready – Dinar Guru Iraq is going to start selling bonds like most countries do. This should mark the end of the currency auctions and the release of the RV.
Pimpy
Pimpy – Dinar Guru 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.
MilitiaMan
MilitiaMan – Dinar Guru 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.
Petra
Petra – Dinar Guru 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. [post 1 of 2]
Petra
Petra – Dinar Guru 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… [post 2 of 2]
Frank26
Frank26 – Dinar Guru 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…”
Breitling
Breitling – Dinar Guru 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…
Pimpy
Pimpy – Dinar Guru Article: “Iraq: The Baghdad Summit will be held next Saturday” There’s so many good things happening over in Iraq…the more I pay attention to it the more impressive it absolutely looks. Iraq seems to really be stepping out on an international scene. It looks really good…we know there’s that meeting that’s coming up. We know they have that big conference in Baghdad. There’s a lot of countries coming in to talk…to do business. It’s exciting…
MilitiaMan
MilitiaMan – Dinar Guru Globally…didn’t the cbi just show us a 33 page announcement? “The second strategic plan…” It has all items in place to go to a market economy…we are game on and about game over!…We are days into the RI, IMHO…
Breitling
Breitling – Dinar Guru Question: “With all the turmoil this past week, the US pulling out of Afghanistan and now the Taliban is in charge…How does this impact Iraq coming into the international market and potential revaluation of the Iraqi currency?” If Iraq stays in the favor of the United States and favors its markets, it’s going to be fine. Even with a little turmoil coming from Iran because they’re in Iraq already. It’s not the type of threat people think it is for Iraq or the currency.
Pimpy
Pimpy – Dinar Guru the less dinars you get for your U.S. dollar that’s better for us. That means the dinar is strengthening. It strengthens all the way to the point where you get more U.S. dollars for your dinar. That’s what you want to see start happening. That’s the direction we want to go into. You don’t want them to devalue the dinar. You want them to increase the value.
Frank26
Frank26 – Dinar Guru Article: “The Governor of the Central Bank confirms the provision of the necessary infrastructure to advance the reality of financial inclusion” What does inclusion mean? To be part of. What does financial mean? Their monetary reform. What does reality mean? The exchange rate that will be able to do the economic reforms. This article is so powerful. IMO they’re telling you the reality of monetary reform is being included in our economic reform, in our budgets, in everything that we’re doing in the country…it’s all there.
Petra
Petra – Dinar Guru Yes…the countdown has begun imo…The international party in Baghdad is on the 28th? Lots of interesting things at bay! … So why are they all coming? Kings, Magistrates, Prime Ministers, Central Bank Governors…not their representatives…them! Why? You all know!… We are not calling that specific day. No dates…but close before or after this meeting has key logic to it!…
Breitling
Breitling – Dinar Guru Question: [What’s holding the process back?] There’s nothing holding the process back. You’re in the middle of the process. It’s a natural healthy process…It’s tough to revalue a currency…Iraq’s currency was devalued for a very good principle and they’re going to add value to it for an even better principle. But the math is going to make sense and they’re in the process of it.
Holly
Holly – Dinar Guru Where are we, the news from all my sources is we have crossed a threshold and we have finally arrived at our long awaited time to come to the table. The funds have been flowing through the different levels and they will hit our level this week. …This week will be the start of many new beginnings!
Pimpy
Pimpy – Dinar Guru Iraq has now launched a campaign and it’s going to start marketing its dinar. Yes, they want to get people away from using the US dollar and getting back into using their dinar.
MilitiaMan
MilitiaMan – Dinar Guru “A REPORT FROM THE CBI “A world summation...” A few random key points: “The addition of the Iraqi dinar currency in a (Buna) platform for Arab payment”; “Linking the Iraqi Stock Exchange with (RTGS) systems”; “The assessment of the Iraqi payment system and its compliance with international standards for financial market infrastructure was completed in cooperation with the World Bank…” This report is going to open some eyes around the world be sure. The cat is out of the bag. imo…they have been at work a long time on the project and the fruits of their labor are about to be shown to the world. This report is imo huge and to be expected at this time frame too…
Pimpy
Pimpy – Dinar Guru Article: “The IMF’s Self-Serving Case Against Bitcoin” Are they attacking cryptocurrencies? Maybe. Let’s think about this, yeah, they want their own central bank digital currency. They don’t want anything to compete against it. That’s one of the things I’m concerned about when it comes to cryptocurrencies…