Jeff – Dinar Guru Question: “Do you believe it will be a float or 1 to 1?” It’s not going to be 1 to 1. It’s going to reinstated, which would most likely be in the $3 to 1 range. And it’ll be a managed float not a large madly adjusted float that can bounce into crazy insane low and high values. It’ll be managed. So it’s a narrow window float.
Stephen
Stephen – Dinar Guru Regardless of how long you have been in this investment…I know some of us have been in this for 10, 15, 20, some of us have been in for 23 years. One thing we could all agree on, Iraq has never moved this quickly in all of these years. We are on a very very condensed timeline. I’ve said this many times before…We are in a period of extreme
acceleration. There is way too many things converging on a tight timeline to where something has to give…If you hold Iraqi dinar, if you’re an investor, if you have thrown your hat in the ring with this investment, I think you should be feeling very optimistic, very excited, very secure and confident in the investment you made…We are in very, very, very exciting times.
Reset Intelligence
Reset Intelligence – Dinar Guru Purchase receipts, dealer invoices, dates, amounts – Proof of where your notes came from decides how smoothly money moves later. Build the folder now while it is easy…The difference between a windfall and a mess is one folder.
Samson
Samson – Dinar Guru Article: “GOVERNMENT ADVISOR: IRAQI OIL EXPORTS HAVE RECOVERED TO 70% OF PRE-WAR LEVELS“
Sandy Ingram
Sandy Ingram – Dinar Guru US troops left Iraq…This was a historical moment but almost immediately another question moved to the front of the conversation. The Americans left Iraq but what about Iran? What happens to the powerful Iraqi armed groups aligned with Iran? …As Iraqi security forces celebrated in the streets, Iran-aligned factions were celebrating too. Many Iraqi armed factions gathered in Baghdad. Some carried images associated with Iran’s regional resistance movements…The Islamic resistance in Iraq reiterated its refusal to surrender its weapons…If investors believe armed groups can challenge the government’s authority that can add another layer of uncertainty around Iraq’s financial system…
Jeff
Jeff – Dinar Guru All of us [in the United States] are going to have no choice when we exchange. We have to go into the US dollar because we’ll be exchanging by banks, brokers. No matter what, you’re going to have to go straight into the US dollar. When you exchange you’ll go from dinars to dollars. Right there is your taxable event. That’s how it’s going to work. Then from the dollar you can go into crypto [or anything else].
Stephen
Stephen – Dinar Guru Never expect the Central Bank of Iraq to come out and straight up say, ‘Hey guys, we’re going to revalue the currency.’ It would create turmoil within the country of Iraq. It would collapse the country because you would have all these speculators buying up the currency. It would create total chaos. They will never do that.
Mountain Goat
Mountain Goat – Dinar Guru …There is always a target, a plan and interconnections to what the CBI is thinking or does that will give away their final plan. I believe the CBI will launch once again the 25, 50 and 100 dinar bills JUST BEFORE the project to delete the zeros occurs. I do think it will come out at around 1.00 but at whatever the program rate dictates… Remember also the CBI told us the larger older 3 zero bills will coincide with the newer lower denomination bills for up to 10 years., then be phased out.
Jeff
Jeff – Dinar Guru The rate would have to change before they delete the zeros. You change the rate first…that’s when it all goes down.
Stephen
Stephen – Dinar Guru A lot of people will go into AI and ask a very basic question about the Iraqi dinar. They get a generic response. They say, ‘See Stephen, look, I told you it’s not going to happen.’ Guys…AI is only as useful as the input that you give it. If you feed it very generic questions, you’re going to get very generic answers. We are talking about a monetary event that has never happened before. You could make parallels to Kuwait and their revaluation but Iraq is still a very different animal than Kuwait.
Militia Man
Militia Man – Dinar Guru Taking zeros off a currency would take a law. Have they done that? Not yet…There is a public discussion of a new series of notes…If and when the bank moves on a design, we will read what the bank itself says...They can change the paper. They cannot rewrite the zeros without legislature…They can change the effective exchange rate of the
currency <snap> like that, like back in 2023…Physical note count, adjustment of the rate, two different things.
Reset Intelligence
Reset Intelligence – Dinar Guru Outsiders agree to settle in your money once they believe in your books. Look at what you’ve watched Iraq do – audits, bank seizures, tellers trained, salaries moved to cards, customs duties paid before the dollars move starting this morning. Each of those was Baghdad making its books believable to people who do not live there. On Tuesday an outside market [The Abu Dhabi Securities Exchange] with a trillion-dollar network gave its answer – Iraqi trades settled in IQD.
Jeff
Jeff – Dinar Guru Iraq can’t tell you they’re about to revalue the currency. There’s only so much information they can tell you without giving you clues the rate is about to change. Some stuff they can legitimately tell you and some things they cannot tell you...some truthful information and some inaccurate misleading information…
Stephen
Stephen – Dinar Guru If you have been holding for a long time like I have it’s okay to be excited because we have never seen Iraq make this much progress as they have…Iraq gaining their full sovereignty, they finally having a prime minister who is a business guy. He’s a banker. He likes money. He was installed by the Trump administration to help facilitate and bring about these monetary and banking reforms and all the changes we are seeing…We have a lot to look forward to...We are pretty darn close to the end of this ride.
Mountain Goat
Mountain Goat – Dinar Guru How long will we have to take our large 3 zero notes to the bank to exchange them? In 2012 the CBI told us in an article that these 3 zero notes would remain in circulation for at least 10 years once the project to delete the zeros is concluded. The US Treasury has still to give us investors a definite time span to turn them in for exchange. My only guess is this that these 3 zeros notes will be around for a very long time just like the US dollar has many very large notes but you hardly ever see them or hear about them, yet they are still legal tender. Having said all this. This is my simple answer – Get your asses to the banks as soon as you can and exchange!
Jeff
Jeff – Dinar Guru They’ve put some different hints and suggestions out about what the rate might be…A lot of articles mention 1 to 1 when they talk about deleting the zeros, they talk about restoring the dinar at 1 to 1 with the dollar. They’re never going to tell you what the real rate is going to be. If you study it, everything suggests it’ll be more of a reinstatement …We believe it’s a reinstatement which would restore it back in the $3+ range.
Stephen
Stephen – Dinar Guru If you’re invested in the Iraqi dinar, the fact that the USA and the Treasury have such oversight over Iraq and their leaders, monetary policy, financial systems and banking reforms to me that’s an insurance policy on this investment I made into their currency. I don’t see this going any other way than the way we are hoping and praying it goes, a large increase in the exchange rate of the Iraqi dinar. I’m extremely bullish on this investment. I’m more excited now than I have ever been. Grounded, but excited.
Samson
Militia Man
Militia Man – Dinar Guru We have heard too much noise for too many years. Removing zeros from the notes is a unit cleanup…It makes the number smaller. It does not by itself raise what a dinar buys. A managed real rate adjustment is a different tool. That is the central bank and the gatekeepers setting a more honest official price against the dollar based on reserves, trade, inflation and whether the formal system can hold the line. The 2023 rate change showed the [CBI] board can move the official rate…without waiting on a multi-year note swap.
Reset Intelligence
Reset Intelligence – Dinar Guru Iraq marks Sovereignty Day this morning…The news that matters to you as an IQD holder came out of Abu Dhabi on Tuesday. The Abu Dhabi Securities Exchange…switched Iraq’s stock market into its cross-border trading network. 103 Iraqi companies, valued at $21.7 billion, now sit inside a network holding over $1 trillion in listed value and 11 million registered investors…One of the Gulf’s biggest markets has agreed that Iraqi shares bought through its platform settle in Iraq’s own money, and it did so in the week the coalition left…Is the IQD being built to become the money the Middle East trades in?
Clare
Clare – Dinar Guru Article: “The government reassures markets: Removing zeros from the currency is under discussion, and initiatives are underway to stimulate the economy.” Quote: “…removing zeros, in principle, means re-expressing monetary values in a new unit, while converting prices, salaries, savings, and obligations at the same rate. It does not, in itself, mean reducing the real value of citizens’ money…the issue of changing the currency and removing zeros is still in the initial discussion phase…No decision has been made regarding it…“
Jeff
Jeff – Dinar Guru Iraq is not fully sovereign…What they don’t have and won’t have until the rate changes and until they get control over their OPEC oil dollars, the reserves and until they can stop using the dollar for trade because now they have a convertible tradable currency, that’s when they will achieve full sovereignty 100%.
Stephen
Stephen – Dinar Guru Exciting news, Iraq has regained their full sovereignty after 23 years of military occupation by the United States. A lot of people thought this day would never come but here we are…
Clare
Clare – Dinar Guru President Trump Social Post “Today, I am pleased to announce, that the last American Forces are leaving Iraq! …This is a Great Day for America and, importantly, we leave with Iraq having a wonderful new Prime Minister, Ali al-Zaidi, somebody I supported from the beginning and fully endorsed. He won an Election that he was not expected to win, and did so, in a landslide! …Operation Inherent Resolve ends in 2026 under the leadership of President Donald J. Trump. This Day is a victory for the United States, a victory for Iraq…this orderly departure of Coalition forces and equipment from Erbil Air Base marks the end of a very expensive excursion into Hell…Prime Minister al-Zaidi, is outstanding, and he will hopefully be able to handle things very well. We came to fight a caliphate. There is no longer a caliphate. We are going home! President DONALD J. TRUMP“
Mountain Goat
Mountain Goat – Dinar Guru How the process on deleting the zeroswill work. Will they null and void out the old 3 zero notes once they redenominate? In ordinary daily circulation of the dinar the 3 zeros notes will be taken out of circulation not null and voided, thus only taken out of the general circulation. However, the CBI has told us they will still us the 3 zero notes for inter-banking transactions for trade when large sums of money is necessary. They will use mostly the 25,000 dinar notes for this purpose. This statement by the CBI also tells us these older 3 zeros notes will increase in value. [Example]: So, within inter-banking transactions a 25,000 note would be worth $100,000 ($4 x 25,000). [Post 1 of 2….stay tuned]
Mountain Goat
Mountain Goat – Dinar Guru Technically there is not going to be any revaluation in Iraq…The rate inside of Iraq therefore does not change only the bills change…when is reinstated on FOREX, at the rate we are all looking to exchange it for…We…outside of Iraq…will exchange the dinar for our currency of our own country… [Post 2 of 2]
Jeff
Jeff – Dinar Guru Question “Are all banks expected to get the authentication machine De la rue?” Banks do not need to have specifically a De La Rue…De La Rue is a generic foreign currency counter. It’s not specific to the Iraqi dinar...I do IT work for a living…I have a sharp computer IT background…I saw on a certain model of a De La Rue it had anywhere from 170 to 180…different types of foreign currencies and their security features…You don’t go to the bank and ask them do you have a “De La Rue”...All you do is go to the bank and say, “Do you have a money machine that can count, sort and authenticate foreign currency?” That’s all you need to ask.
Stephen
Stephen – Dinar Guru There are answers to this [RV] equations that we simply do not have…We’re never going to be able to come up with a 100% conclusion that the dinar is going to revalue at a specific rate on a specific day. There is information that is missing…We don’t have all the pieces to the puzzle. But what we’re trying to do is come to a conclusion with the information that we do have…If you can’t see the progress Iraq has made in use the last few months they you might want to get your vision checked because it’s really right there in front of us right now.
Samson
Samson – Dinar Guru Article: “AN AMERICAN AND ANOTHER TURKISH WITHDRAWAL – EXPERTS : PRESIDENT ZAIDI ACHIEVES WHAT HIS PREDECESSORS WERE UNABLE TO DO, BURNS THE PAPERS OF THOSE WHO ARGUE AGAINST THE FOREIGN PRESENCE AND DECLARES FULL IRAQI SOVEREIGNTY”
Militia Man
Militia Man – Dinar Guru [CBI] governor Nazar Nasir was elected vice-chairman of the board of governors of Arab central banks and monetary institutions…The Iraq central bank is back in the chair where policy language gets written in the region. Presence like that supports the credibility track we’ve been watching for years. The CBI is in the Arab monetary conversation. It is in it.