Iraqi Dinar Guru opinions 6-20-2024

6-20-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
My bank guy said…Sudani…sent Alaq out in February…to announce to everybody that we were going to have a change in our exchange rate. Then Sudani comes out and talks to us about it as well…in March…considering a change in our currency to 1.32 from 1320. Now that the budget is about to be revealed he strongly suggests to me that we will be seeing the new exchange rate at 1.32 instead of 1320. FRANK: They keep the exchange rate at 1320 to give you more purchasing power…They are about to give this power to you.

6-20-2024 Intel Guru Bruce [via WiserNow] …we thought the Iraqi Budget for Iraq had been put in the Gazette last Saturday. Well, come to find out it was NOT in the Gazette Saturday…So even though Iraq is trading up the value of the dinar – they really were not quite at the position of locking in that rate for us…but I think based on the information we’ve had in the last few days…I believe they’re ready for this thing to go.

6-20-2024 Newshound/Intel Guru Mnt Goat Do they have to RV to make the budget work? If you take what the prime minister told us about the dropping of the zeros…in an April 2023 article, we can see that taking the 1320 rate and dropping the 3 zeros makes it $1.32. If we take the 6.5 billions dinars allocated for the new pipeline construction it is actually about $4.9 billion dollars. If we divide 6.5 / 4.9 we get 1.32…is this a coincidence? Can you see now why I am so excited…WOW! WOW1 WOW! …Many believe it is not coincidental and so I agree…Do they need the change in rate to build the pipeline? What about the other projects too like the 7 new refineries? …if it does they will have to get their act in gear real soon, as they also told us they plan to begin this new pipeline now NOT in 2025.

6-19-2024 Intel Guru Frank26 [The new ATMs] are everywhere now. It’s not hundreds, it’s not thousands, it’s tens of thousands of them. They are everywhere that an Iraqi citizen can walk to. They are at their hookahs…mosques, barer shops…street..banks…corners, they’re everywhere…There’s going to be a massive rush going into the banks.

6-19-2024 Newshound Guru Kaperoni Question: “What happens now that the auctions are soon to be over? What does this mean for the Dinar holders out there Kap?” It means monetary policy is changing after 20 years to reflect the economic changes in Iraq. We’ll have to wait and see what happens.

6-19-2024 Guru Nader From The Mid East I know they working on the exchange rate from here to the 8th of July. We will have some good news I hope.

6-19-2024 Newshound/Intel Guru Walkingstick $4.9 billion for a pipeline in the budget…Didn’t you say it was 6.5 billion dinars? ‘Yeah.’ And you’re saying it equals $4.9 billion? ‘Yeah.’…They told the world…6.5 billion IQDs is equivalent to $4.9 billion…6.5 divided by 4.9 it comes out to 1.32 or $0.76…You don’t have to think anymore after this…That’s billions to billions not trillions to millions. That’s a rate change…You’re telling the world this.

6-19-2024 Intel Guru MarkZ [via PDK] Not much news overnight…but I do not take that as a bad thing…There are interesting things happening in Iraq. Things are definitely pointing to something sooner rather than later.

6-19-2024 Newshound Guru Sandy Ingram We are looking for the Development Road Project to eliminate the IMF’s concerns over revenue outside of the oil industry and increase Iraq’s GDP to the point of increasing the currency’s value against the dollar as we have seen happen with the Mexican Peso against the USD…Iraq is working towards the goals of the IMF…

6-19-2024 Intel Guru Frank26 Article: “Iraq is preparing to establish a project that will change the oil map.. Will it affect energy producers?” If you change the oil map, you change the exchange rate/the value of the currency of Iraq. Quote: “Iraq’s financial budget for the current year included the new pipeline project at an amount estimated at approximately 6.5 billion Iraqi dinars ($4.9 billion)” I don’t need to go any further than that…1.32 is what the citizens of Iraq are potentially in a position to receive. This article proves that there’s a different rate in the budget…