|
Dinar Guru Resources:
New York Time
Baghdad Time
New to the Iraqi Dinar? Start Here: Biggest Dinar Myths & Secrets Exposed
( Updated: )
Official Central Bank of Iraq (CBI) Dinar Rate: 1310 IQD to 1 USD Dinar Market Rate:1475.14 IQD to 1 USD - Are Rates IMF 2% Rule Compliant for 90 Days: NO (maintained market rate: Mar. 15, 2018 to 4-20-2020 | 12-20-2020 to 5-26-21 | 6-16-2021 to Unknown date) Dinar Guru "RV" Meters
( Updated: )
Dinar Gurus who feel Dinar will RV within days...
26% Dinar Gurus who feel the Dinar will NOT "Change" until certain "things" are accomplished...
74% Dinar Gurus who feel the Dinar will FLOAT "slowly" upward instead of RV...
37% Dinar Gurus' Official Master List of Possible Major " To Do's ":
|
"I find your emails to be fascinating they are filled with Life and energy. Just reading them gives me a boost. Peace and Blessings" -E Dinar Guru Member
*** Are you on the official RV ALERT List?? *** The dinar is heating up...Don't Get Caught On The Outside Looking In. Click the blue button below to get on the Official Dinar RV Alert List....Its FREE and you get Official RV Alerts, the latest breaking updates, special videos & other fun stuff from me too!
3-27-2024 Intel Guru Frank26 IMO the United States of America has been paid in full...mission accomplished...IMO Iraq and the United States have come to an agreement on many files and the one important file was the sanctions on the banks that needed to be lifted...There is a lot happening. It is complex. It is tedious. It's all concerning the monetary reform.
3-27-2024 Newshound Guru Pimpy Surprise! I literally just a couple months ago was looking up the steps Iraq has to take in order to get back on the Swift system and it listed everything saying they were in the process. That's all it said. Apparently they are beyond the process and they've been through the process since the end of 2022 beginning of 2023. Great, that's another big accomplishment for Iraq. We need to make sure restrictions under the currency are lifted. We need for them to get into the World Trade Organization and we need to see them on the Forex. Those things have got to be coming soon. This is exciting new for Iraq.... 3-27-2024 Intel Guru MarkZ [via PDK] ...bank story...One of our members went into a Wells Fargo and spoke to a manger. She asked if all the recent redecorating was because they were going to be a redemption center. The manager said “As a matter of fact –yes.” Then went on to say that they have to wait for a notifications to start... I thought this was positive as we so rarely get a positive story from WF. 3-27-2024 Newshound Guru Militia Man Article: "Fouad Hussein: America avoids talking about sanctions against Iraqi banks" The banks that were sanctioned were likely ones that may have had connections to the crime of the century. Those arrest warrants for many in the previous government are fresh in the news. Regardless the US Treasury has more important things to talk about. They are talking reforming the banks and financial issues above and beyond energy!! Things are coming along very well. They are setting the stage in the USA and the UK, while informing us all along the way.. I so very like today's news.. It is amazing. 3-27-2024 Newshound/Intel Guru Walkingstick The citizens of Iraq are not exchanging for the float. They're exchanging for purchasing power. That's all the Iraqi citizens get. They only get purchasing power of their currency which is everything to them. 3-27-2024 Intel Guru Bruce [via WiserNow] I think we're going to be pleasantly surprised by what should be happening this Easter week...Thursday is looking very good for us...So the idea is that we do get started this week before the end of the month and that's a very positive thing...that is really good news...I'm excited about this week guys... 3-27-2024 Newshound Guru Sandy Ingram A pivotal moment looms on the horizon with Iraqi Prime Minister Mohammed Shia al-Sudani slated to visit Washington DC on April 15, 2024. President Biden is set to host this crucial meeting...It's not all about military...the meeting is also expected to tour upon Iraqi financial reforms...This is the reason this meeting is important for Iraqi dinar investors. The US...undoubtedly has a vested interest in the successful implementation of these reforms. 3-27-2024 Intel Guru Frank26 All the contracts that Al-Sudani signed around the world are now being recalculated and being converted into dinars...That takes guts to do that. Normally a country would simply walk away and say forget you, up yours. But right now Sudani has so much power, he is in so much control that the world will bow to any of his demands concerning the economic reform of Iraq all because the monetary reform was successful and proven to them. They all want a piece of Iraq, at whatever cost. 3-27-2024 Newshound/Intel Guru Fnu Lnu The Dinar Mythology surrounding this EO is amazing...It says exactly NOTHING about buying Dinar. Executive Order 13303 was issued on May 22, 2003, by United States President George W. Bush to protect the Development Fund for Iraq for the rebuilding of Iraq... Executive Order 13303 also terminates sanctions specified in EO 12722, EO 12724, EO 13290, as it applies to the development fund. In effect, EO 13303 provides an extraordinarily broad legal shield for any and all contractors and mercenaries working in Iraq on behalf of US corporations in any oil related enterprise. The Executive Order also declares a national emergency to deal with the threat to a peaceful reconstruction of Iraq, which US Presidents have renewed every year since, most recently in May 2023. 3-27-2024 Intel Guru MarkZ [via PDK] There are some meetings with Iraqi ministers in DC and some at the UN in New York. We will not see Sudani until April 15th…but no part of me thinks they would pull the trigger with him not in his own country. Comment: IMO Sudani isn’t coming here on 4/15 to raise rates after he leaves…i think he is taking a victory lap because it will RV before he comes. MarkZ: That is what I think is going to happen. My gut is screaming somewhere between now and next Wednesday based on what I am hearing...but nobody knows the exact timing. I certainly am feeling good about it. 3-27-2024 Newshound Guru Pimpy Community Comment: "George Bush once stated the war will eventually pay for itself." Nope that was Paul Wolfowitz. He worked for the Bush Administration but it was not George Bush who said that. 3-27-2024 Newshound Guru Militia Man Article: "Investing Iraq's natural wealth is a step towards economic integration". The next step to integration is here. The estimate of $16-17 trillion in stock capital by itself is massive. The legislation has been put in place for Iraq to use their executive authority to partner with the private sector...That will expand their wealth even further. They will be doing exactly what they said they would do and bring purchase power to their citizens and by extension to investors in and of the Iraqi Dinar. The dinar will be stronger than the dollar and Al-Sudani knows it, Al-Alaq, Taif Sami, Fuad Hussein and the whole MCOE knows it, I sure do too! ...No more reliance on just oil is here to stay... 3-27-2024 Newshound Guru Clare Article: "Natural resources in Iraq...a huge treasure neglected by an “official decision”!" Quote: unfair government decisions have deprived Iraq of huge billion-dollar revenues...It has natural resources ... such as oil, natural gas, phosphate, sulfur, and other minerals...Estimations indicate the value of Iraqi natural resources reaches up to 16 trillion dollars...this puts Iraq in a distinguished position among the countries of the world rich in natural resources...For example...Iraq’s possession of 9% of the global phosphate reserve, and phosphate exports can generate tens of billions of revenues annually for the Iraqi treasury. 3-27-2024 Intel Guru Frank26 No bank is going to exchange your Iraqi dinars. It is the wealth management departments. For example the one that we're using Chase is using JP Morgan. Chase is not going to exchange your dinar. JP Morgan is... 3-27-2024 Intel Guru RayRen98 STOP LOOKING FOR IT "TODAY...THIS HOUR...THIS MINUTE." IT'S COMING SHORTLY. 3-27-2024 Intel Guru MarkZ [via PDK] We may see it by Easter…The news is so good...We have a delegation of Iraqi foreign ministers in DC right now. At this point we expect them to announce “lifted sanctions” by the middle of the week. My source is on the DC beltway. When sanctions are lifted it should be “GO” time. 3-27-2024 Newshound/Intel Guru Mnt Goat Article: "IRAQ IS NINTH IN THE WORLD IN NATURAL RESOURCE RESERVES.." Quote: "Iraq was ranked among the top ten countries possessing the most valuable natural resource reserves, in terms of total estimated value for the past 3 years." OK, so if this is part of the Basel IV currency valuation algorithm then where is it reflected in the rate of the dinar? Why is it still 1/6 of a penny? Folks is just doesn’t make any sense. The IMF and the US Treasury are artificially suppressing the rate of the dinar. Remember VALUE and RATE are two different items and the value should be reflected honestly in the rate...
3-26-2024 Intel Guru Frank26 The 15th of April is interesting because we have him [PM Sudani] going over there [DC] but do we have to wait until the 15th of April to see the new exchange rate. No. Especially when Sudani says I have an announcement to make to you. He said he would do it during the Ramadan...
3-26-2024 Newshound Guru Pimpy Iraq has now joined the World Free and Special Economic Zones Federation. The other day we read an article about the Europenan Union's reconstruction bank that Iraq has joined. This is something totally different. Another step for Iraq in the right direction. 3-26-2024 Newshound Guru Militia Man Having this LOP information of 1310 is ridiculous, it's reckless...They said they're going to have a lofty exchange rate to expose. If that's the case, lets see what they have and how they play it out...I think it's going to be phenomenal. 3-26-2024 Newshound Guru Clare Article: "From Tuesday until Saturday.. Iraq announces the Eid al-Fitr holiday" Quote: "The Iraqi government announced the Eid al-Fitr holiday, which extends from the ninth of next April until the 13th... official working hours will resume in all government institutions, On Sunday, April 14, 2024." 3-26-2024 Intel Guru MarkZ [via PDK] “Customers at the Central Bank of Iraq, which says many foreign trade transactions now go through its electronic platform” This tells me that some of the Iraqi sanctions may have been lifted as we speak. The key is when will we see the rate? I don’t know what to expect yet on that front. There is a lot of positive chatter that it could be imminent. I might actually purchase some champagne. 3-26-2024 Newshound Guru Paulette Comment: "Biden has nothing to do with this but the feet dragging in Iraq has become the constant..." The "Biden Regime" has everything to do with this...Just look at the currency sales numbers and you should see why the "Biden Regime" does not want change. You still have the Coalition Provisional Authority functioning in Iraq led by the US...We know from articles last fall that US Receivership is still in place and UN1483 status is unknown...Saleh recently even stated in an interview that even he did not know the status of 1483...not to mention the OFAC sanctions...Yes...the "Biden Regime" has everything to do with this... 3-26-2024 Intel Guru Frank26 IMO all auctions have stopped in their current form... 3-26-2024 Newshound Guru Sandy Ingram There has been no new news from reputable sources on deleting the zeros from the Iraqi dinar currency in recent weeks or months by either the CBI or parliament...The end result of removing the zeros is to make money more manageable. It will not change the currency's value in relation to the U.S. dollar. 3-26-2024 Intel Guru MarkZ [via PDK] We definitely have Iraqi representatives/Ministers inside the US right now. Some are in DC and there are a couple in New York - for UN reasons…which I think is interesting...I don’t expect Sudani to visit DC just yet. I believe his ministers are taking care of it. I believe Sudani would want to be in his own country for the revaluation...To me things are shaping up just as I expected they would at the end...Very positive stuff happening right now. 3-26-2024 Newshound Guru Pimpy People keep taking about the $3.22 rate. In their minds they keep thinking, 'Oh yeah, the $3.22 rate when Iraq had 25,000 notes.' No. That's not the case. That exchange rate is when they had lower denominations, not these these hyper inflated currency...We're all hoping the exchange rate will change without deletion of the zeros. That's what we want. We'll see how that plays out... 3-26-2024 Newshound Guru Militia Man How are they going to attract foreign investment? They're going to open their borders with an International currency ... and they're going to rock and roll. The signs are everywhere. Al Sudani recently said he was going to make a change to the dinar to 1.32 dinars to the dollar, which is about $0.76. But that doesn't include adding the Real Effective Exchange Rate. 3-26-2024 Intel/Newshound Guru Frank26 You've got the prime minister of Iraq already having a discussion with President Trump. You got the prime minister of Iraq already having a discussion with former President Bush. It's interesting now we have the foreign minister in DC...he's talking with the United States Treasury...No one talks to anybody at the White House until April the 15th because...they're not going there to hand them the exchange rate they want to use, they're going there to activate it and tell them that's it... 3-26-2024 Intel Guru yada Question: ...doesn’t executive order 13303, allow the private American citizen to invest in the country of Iraq through its currency? yada: ...from what I know, the EX order's statement was to allow us Americans to be able to benefit in the restructuring of Iraq due to the sacrifice made to liberate them. That was inclusive of buying the dinar. Back in 2014, some tried to exclude us but that was left uncontested and here we are. 3-26-2024 Intel Guru MarkZ [via PDK] COMMENT: Sudani is supposed to be in the US on April 15th. MarkZ: Personally I think Sudani may be here for a “victory lap” after we have already started doing out exchange. Get caught up on past updates below and if you are not a dinarguru.com alert list yet now is a great time to do it...It's free as always and only takes a sec...If you invested in the dinar and spend time on the site you don't want to miss something very important because you're not on the list. Click here to get on the list now.
3-25-2024 Intel Guru Frank26 Don't despair if you're having trouble at banks...IMO just go to a bank that exchanges foreign currency. We're using Chase as one example. There's others. Go to that bank and simply open a savings or checking account. If they ask you why do you want to open this checking or savings account tell them because, 'I have money...I want to put into the account.' Once you have your account open, go home and just sit there and wait until it happens...When the blessing occurs go back to that bank and tell them, can I talk to your Wealth Manage Department? They'll send you to the back, away from the bank and they will take care of you...
3-25-2024 Newshound Guru Pimpy People always say, Oh, you know, President Bush said the Iraqi dinar will pay for the war itself. No, what he said was Iraq would pay for the war itself, not the Iraqi dinar. They're talking about the oil. It wasn't even Bush that said that... 3-25-2024 Intel Guru MarkZ [via PDK] We may see it by Easter…The news is so good...We have a delegation of Iraqi foreign ministers in DC right now. At this point we expect them to announce “lifted sanctions” by the middle of the week. My source is on the DC beltway. When sanctions are lifted it should be “GO” time. 3-25-2024 Newshound Guru Militia Man The private sector is going to be the fuel to what they consider is the most important project in the world (Development Road project). Their words not mine. Article quote: "The initial designs for the Development Road Project have reached advanced stages... The development road is a vital project, one of the most important projects in the world..." 3-25-2024 Newshound Guru Paulette While Iraq appears to be on the way to a full RI, I believe there will be an interim step very soon. If they make the move I anticipate the MCP will be quickly eliminated and they can proceed to a full RI. A RI is full Article 8 compliance and a return to the rate that reflects the True Value. In 2009, the MOP/MOF stated move to 1.14-1.17USD/IQD and monitor for inflation up to 3 years and then move the rate to reflect the True Value of 3.208USD/IQD. This was the plan of Dr S and it appears they are back on track following that plan. 3-25-2024 Newshound/Intel Guru Fnu Lnu New notes will be a necessity. However, they will be used in the domestic market primarily, as almost everything else will be done electronically. The IMF will not allow member country's to "walk away" from their currency. This new note / delete the zeros paradigm is not complicated. The hand wringing can stop now. 3-25-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV is saying when Sudani goes to Washington. OMG that's a long time off. Means nothing changing until after that probably, if it does this year. FRANK: I don't care if it happens on the 15th of April. I don't care if it happens tomorrow. I just know it's happening with all that we're seeing. The proof is there. There's no doubt about it. 3-25-2024 Newshound Guru Pimpy Once they re-denominate the old currency is no longer any good. You can exchange it for the new lower bank notes but your higher bank note doesn't have any extra or more purchasing power or more valuable than the new notes. 3-25-2024 Intel Guru MarkZ [via PDK] There is some fun stuff coming from sources over the weekend. Bond contacts really lit up overnight/and over the weekend. One of my contacts that “lit up” after going quiet said they very much expect things by mid-week this week...People who have not been excited for quite awhile are now excited...I am also hearing similar things from my banking side...I understand that the whole process should only be a week long and that the very first things we should see is bond folks getting dollars...We...are supposed to go immediately following bonds. 3-25-2024 Newshound Guru Clare Article: "Government spokesman: The Prime Minister will discuss 5 basic files during his visit to Washington" Quote: "among the files that will be discussed during the visit also are the financial file and what is related to the decisions of the US Treasury, the influence of Iraqi banks and the debts owed by Iraq," 3-25-2024 Newshound Guru Militia Man Their new accession law seems to be gaining traction with Iraq having accession to the European Bank of Reconstruction and Development and the FEMOZA World Federation of Free Economic Zones. The WTO is likely next in line for Iraq's integration with the international world. 3-25-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Tv talked about parliament finance has been meeting...with the CBI officials talking about mechanisms to pay the salaries and all the project we have. This is a good sign. They are meeting right before the budget goes to parliament next week. FRANK: Firefly knows if it does go to parliament and they vote, it will expose an exchange rate. Certainly not a program rate. 3-25-2024 Newshound Guru tishwash Article: "The decline of the dollar.. Parliamentary Finance says that the crisis is on its way to ending “finally" Quotes: "The Finance Committee in the Iraqi Parliament confirmed, today, Sunday (March 24, 2024), that the dollar exchange rates in the parallel market will continue to decline until the official price fixed by the Central Bank of Iraq is reached."; "... this crisis are on their way to being resolved once and for all."; "The visit of Prime Minister Muhammad Shia Al-Sudani to Washington is very important at the level of financial and economic files, and Al-Sudani is discussing with the American side strengthening and strengthening the Iraqi dinar" |