Currency Newshound


DINAR GURUS UPDATE, 16 JAN

1-16-2019   Newshound Guru Adam Montana   As much as we all hate “I told you so’s”, here are a couple. Headlines from the past couple days include: 1. BREXIT.  When this was first brought up in 2016, I voiced my opinion that it wouldn’t be successful and not to worry about it. As of this morning, it looks like the whole thing was a huge waste of time and is going nowhere… time will tell, but I

DINAR GURUS UPDATE, 15 JAN

1-15-2019  Newshound/Intel Guru Mnt Goat    Question:  When will the 3 Zeros be DELETED?    The CBI will only complete the project to delete the zeros until the CBI and the finance committee can come together on an agreement as to when to do it. Then we hope nothing changes their mind in the meantime since scheduled. We are not waiting for the economy to take off or for reconstruction to first

DINAR GURUS UPDATE, 13 JAN

1-13-2019   Newshound Guru MilitiaMan  Article: “Iraqi Dinar revaluation postponed by Central Bank for 5 years says MP Noura al-Bajari by Amre Sarhan Oct 29, 2014,”   Good deal…WS [Guru Walkingstick] told us back years ago that the process on the second set of books takes time. I believe there is data to support that from the imf. Didn’t WS suggest that time of the four year process to be 01/

IQD CHAT, 13 JAN

Xyz   @Tebow 1-12-2019 Newshound Guru Kaperoni  So some are asking the significance of why the government needs to be offically formed for the IMF to engage with Iraq? Usually on these types of agreements a legitimate government is needed for validating/confirm signatures. [The normal cycle for Article IV consultations for countries under a program is 24 months. Thus Iraq is not due for an

DINAR GURUS UPDATE, 5 JAN

1-5-2018   Newshound/Intel Guru Mnt Goat   Article Quote:  “…al-Karbouli warned Thursday of dire consequences for the Iraqi economy if the fate OF THE IRAQI DINAR IS LINKED TO LOWER CURRENCIES.”   Could this be referring to the USD? Of course it is since the dinar is not solely pegged to the US dollar … if the US dollar has de-valuing issues, this would also drag down the value of the Iraqi

DINAR GURUS UPDATE, 3 JAN

1-3-2019    Newshound/Intel Guru Mnt Goat   Will we see the “reinstatement” of the Iraqi dinar this month?  All we can go by is what we know as FACTS…We know that Jan 2013 is a known past planned targets to reinstate the dinar. Even Dr Shabibi came out in a news media talk and told us that Iraq had an “unprecedented” opportunity to reinstate the dinar. But they failed due to political

DINAR GURUS UPDATE, 2 JAN

1-2-2019  Newshound Guru Breitling  …We’re looking at a currency [Iraqi Dinar].  We know what it used to be worth…the highest it was worth was $3.25.  Saddam Hussein through his manipulated currencies said it was worth $3.75 but we know that’s not true.  We had the first gulf war and it took a huge hit.  So we know what the value went to at that stage.  The second gulf war we knew it was going

DINAR GURUS UPDATE, 1 JAN

1-1-2019   Newshound Guru  Kaperoni   …monetary policy is not some random act. Monetary policy is based on statistical analysis.  Iraq is not at an artifical currency rate.  …The rate is the current exchange rate that has already appreciated since the dinar was introduced in 2003 from about 3400 to $1 to 1166 to $1 by sound montary policy under Shabibi. And since 2015 the dinar devalued to

DINAR GURUS UPDATE, 29 DEC

12-29-2018   Newshound/Intel Guru Mnt Goat   I told everyone there are still two remaining laws to be passed to fulfill the constitutional requirements. I was told many years ago without a full implementation of the constitution there will be no reinstatement of the dinar…So…we see the HCL this week and last week Iraq talked about the Article 140 requirement. Why is this?   …the GOI has to

DINAR GURUS UPDATE, 28 DEC

12-28-2018   Newshound/Intel Guru Mnt Goat   I am hopeful that 2019 will finally be our year. Right now, it is surely shaping up that way. I can’t predict if the reinstatement will happen right at the first week in January but I will say it is very close as we see many signs. Yes, the CBI is still targeting sometime in January as this is the BEST time to do the reinstatement (but not the ONLY