Dinar Guru



December 25, 2013 6:47 PM
HEARING LOTS OF GOOD STUFF BUT AT THIS TIME IT ISNOT CONFIRMED TO BE NEWS. [Did they get their budget solved?] HAVENT HEARD THE LATEST FROM THEIR FINAL MEETING BUT THE RUMORS SOUND LIKE THEY HAVE SETTLED SOME OF THE NEEDS ANYWAY. 12-25-2013 Intel/Newshound Guru Poppy3 [What about that unconfirmed news about the Dong. .. ?] I AM STILL RELYING ON THE ORIGINAL INFO ON THE DONG THAT IT WILL NOT RV TILL 14 TO 18 MONTHS POST DINAR RV. THAT CAME DIRECT FROM THEIR MINISTER OF FINANCE AND NOT SOME BANKER. AS FAR AS I NOW HE HASNT CHANGED HIS MIND. Guru Critic, Sorry to everyone that we did not get the RV this Christmas, maybe soon. We want to wish you all a very Merry Christmas and a Happy New Year!!dinarguru
Share |


December 22, 2013 6:29 PM
12-22-2013 Newshound Guru Tlar Article: About the issuance of a new Iraqi currency . . Soon the new one dinar note will carry the same value as does any on the larger notes meaning 1 dinar is just one unit of a 5000 dinar note. 5000 dinars will be 5000 dinars and each dinar will carry the value of a new 1 dinar note. Both currencies will be legal and in circulation for 3 years at which time I believe the 3 zero notes should all be collected. They most likely will still [be] legal tender in Iraq or anywhere else for that matter, but because of their impractability in day to day useage, most all will have been returned to the bank. 12-22-2013 Newshound Guru Tlar It also says that deleting the zeros is just an administrative process meaning the CBI will administer it. It not a market driven event. The CBI is responsible and in control of the rate, and it is the CBI that will determine the new rate. Again the article suggests that at least deleting the 3 zeros is not driven by the market. This articlespeaks of a RV, not a float. The facts of what the CBI has been doing over the last two years, cleaning out the ME of dinars including dollarizing Iraq, supports this. If the above article is an accurate depiction of the process, the new rate will be . 86. Those 3 leading 0s will be removed all at one time, as an event. 12-22-2013 Intel Guru BWM Im really not expecting to see this before Christmas just because of information that I have not to say I would wish beyond all that it was wrong but Im just telling you TRUTHFULLY what I know There is a REASON12-22-2013 Newshound Guru Breitling The United Stats Government, mainly the Treasury Dept set up what we call the New Iraqi Dinar, The Treasury Department along with the United States Military. Those units helped set this all up, and made sure the countries Dinar and money supply was in place, who would be idiotic enough to call this a scam??? It is a countries currency end of story. 12-22-2013 Intel/Newshound Guru Poppy3 I CAN REMIND EVERYONE THAT PARLIAMENT HAS BEEN CALLED BACK INTO SESSION OFF THEIR BREAK FOR A SPECIAL AGENDA MEETING ON NOTHING BUT CONFIRMING THEIR BUDGET. THIS COULD BE AWESOME NEWS AND HAS MY EXTREME INTEREST. THESE GUYS HAVE STOPPED THEIR MEETING TAKEN OFF TWICE NOW IN THE LAST WEEK AND HAVE BEEN CALLED BACK . THE PRESSURE IS ON HEAVY OR THEY WOULD NOT BE DOING THIS. MY THOUGHTS ARE THAT THE IMF IS TELLING THEM TO GET THIS DONE IMMEDIATELY. 12-21-2013 SUPER PUMPER Guru TNT TonyITS GOING DOWNMeeting in Washington turned out to be in our favor. Rate is starting at $32. +. Release is scheduled for tonight [Saturday] and some of us could exchange tonight. All of us are supposed to be exchanging tomorrow morning. I could say more, but who cares. I am waiting for the 800#s and I have learned that their release has already been discussed tonight in D. C. Guru Critic, Flat out, Tony is way wrong on this, I think it is very wishful thinking on his part. 12-21-2013 SUPER PUMPER Guru TerryK I DID TALK TO MY UST PERSON AGAIN YESTERDAY AND SHE DID SAY THIS: WE ARE DONE, COMPLETED AND AWAITING ON A PHONE CALL TO ACITVATE AND THE RATE IS HIGH. SYSTEMS ARE READY SYNCED. ALL IS DONE FROM UST SIDE. 12-21-2013 Newshound Guru Stryker Article quote: The board of directors of Trade Bank of Iraq TBI that next year will see the application of the certificates of deposit Between this article and the offering of Certificate of Long Term Bonds in the IQD themselves that we have been reading about, I would say that they are getting ready for something to take place. The big question is: Will it be the right timing that will drive the CBI intention to implement it?12-21-2013 Intel Guru Arizona Heat People that are on the technical side of this process would not have gone to the lengths they have to see all that work go down the DRAIN by seeing a new year come into effect. Individuals at the IMF, WBO along with the CBI would have to start a whole new process of calculations that took months if not years to complete. Rest assure, this is not an easy task to complete. dinarguru
Share |


November 22, 2013 5:24 PM
11-22-2013 Newshound Guru Stryker Article quote: the parliamentary committee when I asked the previous administration of the Central Bank from the date the application of the project to delete the three zeroes, they replied that the year 2013 will see the completion of all the procedures for the project Kalag with companies that printed currency, etc. , and the year 2014 will see the application This is now what Finance Committee MP Abdul-Hussein al-Yasiri is saying that made him make the comments he did on Sunday about the CBI trying to lift the zeros and raise the value of the Iraqi dinar the first of 2014. 11-22-2013 Newshound Guru Stryker He is now saying that the current administration says it is not the best time to implement it. Well we will just need to wait and see but with the announcement of the bond offering in the form of IQD by the end of the year 2013 to help raise the value of the IQD I feel we have a great window of seeing this take place the first of the year 2014. By itself they can cover up what he let slip out on Sunday but with the announcement of the bonds we have a great chance of seeing this take place. 11-22-2013 Pumper Guru Bluwolf You will see the WF 800# just about now, cc are occupied now [call centers ?], rates are high, I always said get in and get out within the first 3dayssome are now saying high rates only for 10 days, truth being it doesnt work that way not at all. A two digit rate on the dong its not going to happen, a lot of misconceptions out thereGuru Critic, they already have 800#s, just look in any phone book!! They dont need anymore and they certainly will NOT have special 800#s for Iraqi dinar ex-changers, get real! He is right about one thing though, the Dong will NEVER see double digits, at least not in our lifetime. 11-22-2013 Newshound Guru Med EARLY NEXT YEAR IS WHAT I AM GUESSING AND THAT IS FROM JAN TO MARCH AFTER THAT IT CREATES PROBLEMS FOR THEM I BELIEVE. [no chance you think before this year ends then 2013?] NO. I DONT WANT TO THROW WATER ON THE PARADE. I WOULD LIKE TO SAY A LITTLE FARTHER OUT AND THEN BE WRONG THEN SAY EARLY AND NOT BE RIGHT. 11-22-2013 Intel/Newshound Guru Poppy3 IN MY OPINION THEY HAVE NEVER DEVIATED FROM WHAT HAS BEEN SAID FOR YEARS. IT WILL COME OUT AT A FLAT RATE AND STAY THERE FOR 24 TO 36 MONTHS BEFORE IT WILL BE ALLOWED TO FLOAT TO THE NOMINAL MARKET VALUE. 11-22-2013 Intel/Newshound Guru Poppy3 SURE LOTS OF PEOPLE FROM PARLIAMENT, FINANCE COMMITTEES, ECONOMIC COMMITTEES AND MANY OUTSIDERS HAVE TALKED HOLDING UP ON THE LIFTING OF THE THREE ZEROS AND THEY HAVE TALKED FLOAT BUT NO ONE FROM THE CBI HAS EVER STATED ANYTHING OFFICIALLY EXCEPT FLAT RATE. I AM GOING TO REST ON THAT NEWS TILL ONE OF THEM STATES SOMETHING DIFFERENT. 11-22-2013 Intel/Newshound Guru Poppy3 STAND BY FOR MORE NEWS COMING IN THE NEXT COUPLE DAYSSTAY GROUNDED WITH WHAT IS THE MOST CONFIRMED INFORMATION. WHEN IT HAPPENS YOU WILL KNOW VERY QUICK AND NO ONE WILL GET LEFT BEHIND. 11-22-2013 SUPER PUMPER Guru Loechin this Friday morning we are still looking for the 800s to reach us. I can and will stand by the fact that the Banks have them and we wait for them. The right people have been told no more waiting Do It Now. The system is running with no issues. The rates are still holding but if this goes beyond what CL [Christine Lagarde] has said and she has to kick butt we may not be as happy as we will be right now. Guru Critic, In other words, he is providing a preemptive excuse as to why NONE of us will see the rates they have been claiming, its calledCYA!! As I have stated many many times Christine Lagarde has NO authority to raise the exchange rate of ANY currency. Article quote from today: the Iraqi Central Bank was established as a bank independent under the law issued on the sixth of March 2004, as an independent body, which is responsible for maintaining price stability and the implementation of monetary policy, including exchange rate policies . As a matter of fact, Turki said they want to introduce 50K notes and coins with the Arabic and Kurdish languages. : SUPER PUMPER Guru TNT Tony Call center personnel are at the center at this time, waiting for activation. Everyone is still expecting this before the banks open in the morning. Guru Critic, surprise surprise, hes WRONG again!!11-21-2013 Intel/Newshound Guru Poppy3 IT HAS BEEN REPORTED TO ME THAT PROGRESS IS BEING MADE IN GENEVA IN THE FINANCIAL SUMMIT AND THE RATES OF THE RV AND REQUIREMENTS HAVE BEEN DISCUSSED AND AGREED UPON BUT THIS IS NOT CONFIRMED. IT HAS BEEN SAID THE HCL MUST BE COMPLETED AS ONE OF THE REQUIREMENTS FOR IRAQS FUTURE AND THIS IS EXCELLENT NEWS BECAUSE THE HCL WILL REQUIRE THE RV TO FUND IT. THE RV AND HCL WILL HAPPEN IN CONJUNCTION WITH ONE ANOTHER. 11-21-2013 Intel/Newshound Guru Poppy3 THE RV IS AND WILL HAPPEN AND ALL INDICATIONS SHOWS ME VERY DEFINITELY THEY ARE DESPARATE TO GET THE RATE CHANGED TO A MUCH HIGHER VALUE. THE BOND SALE AND STOPPING THE AUCTIONS ALSO SHOWS US THEY ARE MAKING MOVES TO RV THE DINAR RATE. 11-21-2013 Newshound Guru Tlar Article: IMF Executive Board Reviews Noncomplying Purchase by Iraq and Breach of Obligations Under Article VIII, Section 5 Iraq is striving to become IMF compliant so that they can enter Article VIII with their currency. The IMF would naturally want to watch them for a while and judge them in this light to make sure they are 100% compliant before they will be allowed to change. In this article the IMF is looking back to as early as 2010 even though they were not an Article VIII currency. 11-21-2013 Newshound Guru Tlar Im sure they are doing this to tell and help train the CBI as to where they were not in compliance and why. We must be getting pretty close for the IMF to do this and the CBI must be requesting and desire to make that change soon or why would the IMF bother. It is much like becoming a member of the WTO. They are also trying to become full members but to achieve that they must rise up to the rules required for that membership. 11-21-2013 Newshound Guru Tlar From time to time the WTO has also measured them and pointed out where they must improve to meet the requirements, including telling them more than once that they require them to have a currency closer to the value of dollar before they will be accepted. Pretty much this is the reason I quit reading articles that talk about Iraqs ascension to the WTO because they will never qualify until they raise their currency. Guru Critic, It is NOT about the value of their currency, its about having little to no exports that need to be regulated fairly to all nations, thats why it is called the World Trade Organization!!11-21-2013 SUPER PUMPER Guru Okie_Oil_Man I AM RECEIVING VERY POSITIVE INFORMATION ABOUT WHAT MAY TRANSPIRE IN THE WEE HOURS OF THE NIGHT TONIGHT. 11-21-2013 Newshound Guru Stryker the Frozen Funds and the DFI Funds hold the key to currency reform in Iraq. Lift zeros and raise the value of the Iraqi dinar at the beginning of 2014 articles started last Sunday with many more following that stated that the CBI is not ready, yet. The fact that they are reporting this gives me a real warm feeling that it really could take place, sooner than later if a few things get taken care of. 11-21-2013 Newshound Guru Stryker Remember, the CBI hasnt made any official comment on this, just members of the finance committee and a few others but you know they got their information from some person with loss lipsHang in there my friends because we are getting closer every day. 11-21-2013 SUPER PUMPER Guru TNT Tony [via Already Blessed] Everything is still absolutely awesomeNO bad NEWSWE are used to waiting for it! Hang in THEREIT is really almost over!11-21-2013 Intel Guru Winalot Lets have a reality check. I can see no way possible for the rates being thrown around to be possible. You can believe what you want. BUT! When you are standing in line at the bank, and you get to the point of exchanging, and they tell you $3. ++ on the dinar, and $. 05 ish on the VNDremember one thing. AT THAT RATE, THIS IS THE SINGLE BEST INVESTMENT YOU WILL HAVE EVER MADE IN YOUR LIFETIME! I would also like to add a word about the smart cardsNOTHING HAS CHANGED~! The Iraqis still worry EVERY DAY if they are going to be able to feed thier children. Guru Critic, If they told us . 20 cents to $1 dollar on the IQD would be FANTASTIC!!11-21-2013 Newshound Guru Lojak This ride is about to end, and the crazy rates will not be happening. 11-21-2013 SUPER PUMPER Guru Loechin There were verified situations that did concern the Banks and that has been given attention to by the right people this morning. Can this continue NO and it wont either. We are right now in an EVERYTHING MOMENT. Right now at this very moment everything in your financial life is about to change. NO ONE knows the exact moment that this is coming, that we know anyway. Is there a back date, yes and do we know It yes, but it wont be told to the masses either. Keep the faith that the RV is here, it has been completed, and its in the hands of the Banks. When they release it, we will know itGuru Critic, so will everyone else around the globe and the CBI. You pumpers will NOT know one minute before thousands of others do! They are special to know EVERYTHING before anyone else. Just look at their track record of late!!11-21-2013 Newshound Guru Adam Montana [Is the CBI the only one that can institute this RV or can the IMF or another organization force it?] The IMF cannot force the CBI to raise the rate. The CBI is the only entity that can approve or deny a change in what they are paying for it, and that is what sets the rate. 11-21-2013 SUPER PUMPER Guru Okie_Oil_Man THIS ALMOST SOUNDS INCOMPREHENSIBLE BUT THE STATED GOAL OF THE UST IS TO TRY TO ACCOMMODATE AND REDEEM AS MANY DINAR HOLDERS AS POSSIBLE IN ONLY 7-10 DAYS. THAT HAS NO EFFECT ON THE 30 DAY DEADLINE BUT THE LONGER YOU WAIT THE RATE WILL START TO DROP. THE APPOINTMENT PLACEMENT CENTERS WILL BE 24 HRS A DAY FOR 30 DAYS OR AT LEAST UNTIL THE CALLS SUBSIDE ENOUGH TO JUSTIFY THERE REDUCED HOURS. 11-21-2013 SUPER PUMPER Guru Okie_Oil_Man [do you believe we will have a shot at appointments on Thursday?] THATS WHAT WERE HOPING AT THIS MOMENT BARRING ANY MORE UNFORESEEN INCIDENTS. [Can you divulge the rate. .. ?] RATE STILL UNBELIEVABLY HIGH AND HAS BEEN CONSTANT FOR SEVERAL DAYS NOW. [do you see this being resolved and all of us who follow the rules at the banks soon?] ABSOLUTELY YES. 11-21-2013 Newshound Guru Kaperoni [your thought on the opening float ?] it will start where it is, 1166 and rise fastthe rate could climb to 1 to $1 or more. its up to Iraq and the IMF and until the CBI conforms, nothing will happen. if the dinar we hold, is going to be a hard currency as stated by the CBI it must float that is a fact, hard currencies cannot be hard, unless they float and if the dinar we hold is going to be held in central banks around the world for a very long time as the CBI stated as a reserve currencyit has to be priced correctly so they can buy and sell. 11-21-2013 Newshound Guru Kaperoni [How long do you think the large notes will be good?] the CBI said institutionally they will accept them for up to 10 years but if you dont buy that. .the IMF has a ruleany IMF member who does a currency change, must honor their currency for at least 12 months so you have at least a year. under shabibi the CBI complied with the IMF and if they would have requested Article VIII it would have been granted and the dinar would have begun to rise. under Turki the monetary policy is a mess. the outside pressure is building around Iraq to make changes. they cannot sit and do nothing much longer. dinarguru
Share |


October 28, 2013 2:57 PM
Newshound Guru Doc We are closing out October with much the same status as we started. The news has focused on some progress specifically passage of the Economic Reform Law by the CoM. This is indeed great to see. We still must exercise patience in that it is not law as of now. It still must go through parliament which we believe will not addressed until December. The HCL has been in the news but again most likely will not be addressed until December. With this the key infrastructure will not be in place "at any moment" and therefore our opinion remains that currency reform will not occur in the short term. These laws are not official until you see them in the Gazette period. [post 1 of 4....stay tuned]
Share |


October 28, 2013 11:53 AM
Newshound Guru Doc When considering the date and rate one must keep the overall goal in mind. First the goal is for a stable currency over the long term. Secondly it needs to be fundamentally strong. The first goal is accomplished by having infrastructure laws in place and functioning. They include those dealing with banking, tariffs, investment, etc. They include the Economic Reform Act and HCl. Without these any currency reform would fail. Secondly, to be strong, it must be implemented within proven macroeconomic principles. This is why the rumored high rates are preposterous. They would destroy Iraq economically. [post 3 of 4....stay tuned]
Share |


October 28, 2013 7:03 AM
Intel Guru Okie_Oil_Man [Do you feel that Nov 1st is our date for this blessing?] IT APPEARS BEFORE THAT DATE. [with all the double digit talk and now single digits again for the iqn...what is your opinion as to what we can expect for rates on the iqn and vnn] THE ONLY SURE WAY IS WHEN YOU GO TO THE BANK---THERE A LOT OF CONFUSING RATES BEING PUBLISHED (SOME ARE TRUE THOUGH). [post 1 of 2....stay tuned]
Share |


October 28, 2013 6:38 AM
EWORK AGREEMENT BETWEEN US AND IRAQ (TIFA) WAS APPROVED BY IRAQI PARLIAMENT ON 12/2012. BUT IT WAS NOT PUBLISHED ON THE GAZETTE UNTIL 10/26/2013. SO THEY HAD TO WAIT ABOUT 10 MONTH TO PUBLISH IT. SO NOW AS OF 10/26/2013 THIS LAW IS IN EFFECT. WE ARE EXPECTING THE GOV OF CBI "TURKI" TO GET BACK TO IRAQ TODAY. IT'S A HIGH POSSIBILITY THAT WE SHOULD SEE SOME KIND OF ANNOUNCEMENT THIS WEEK.
Share |


October 28, 2013 6:26 AM
Newshound Guru Doc This is why it is most probable reform will come in the form of some type of float to allow the currency to appreciate as the economic output of the country increases over time. We do not rule out some type of RV first but anticipate it to be in the order of a few cents or 10s of cents and not $3+ or higher. Overall progress continues. The rumored high rates and immediate implementation are false. There is no credible public or private sources to support it. Supported information indicates late this year into next year at the earliest. However, things are progressing forward. We report, you decide. [post 4 of 4]
Share |


October 27, 2013 12:01 PM
Intel Guru Okie_Oil_Man WE RECENTLY LEARNED OF THE COMPLIANCE OF ARTICLE 8 MANDATES BEING ADHERED TOO. AS I HAVE SAID BEFORE IRAQ HAS NOTHING TO DO WITH THE R/V AND IT WAS PLACED DIRECTLY IN THE IMF'S HANDS MANY MONTHS AGO. THE LATEST DELAY WAS MAN-MADE IN THE USA BUT THE PROBLEM WAS SOLVED. WITHOUT GOING INTO DETAIL REALIZE WE ARE IN THE BEST POSITION WE HAVE EVER BEEN IN----SHOULD BE A VERY PRODUCTIVE WEEK FOR ALL INVOLVED. [post 2 of 2]
Share |


October 27, 2013 11:17 AM
Intel Guru BobGetz6 It appears to me that we are here. From what I am seeing and hearing...the things going on behind the scenes say, IT IS DONE. I could be wrong, but based on my trusted few; it feels as if we are there. However, we have been here before.
Share |
Older Entries