Iraqi Dinar Guru opinions 12-29-17
Posted: Fri Dec 29, 2017 11:09 amIraqi Dinar Guru opinions 12-29-17
12-29-2017 Newshound Guru G-Lin Article quote: "Al-Rafidain Bank announced on Wednesday the launch of the ATM service in Iraq through the adoption of the electronic payment card (master card and other payment card) held by the citizen to withdraw his money anywhere." [The only part that concerns me about the new ATMs is that they obviously rolled them out with the large denoms. It doesn't seem like they would do that and then have to switch them over to lower denom models in Q1, but maybe the conversion isn't that difficult...] I don't think they would put L.D.s in the ATMs until after a currency change. It wouldn't do them much good. They also want the peeps to come into the banks to exchange currency I'm sure. I know I'm ready to exchange mine.
12-29-2017 Newshound Guru Kaperoni Article: [Central Bank: float the dinar is difficult to apply in Iraq] We just need to wait and see. I would not be so quick to assume they won't float..because that is the option. They want to end the auctions, the CBI needs revenue, and needs to provide a currency for international transactions. Floating and Article VIII are those solutions. Allaq himself stated he wanted the dinar included in the global basket of currencies in the vital world stock markets.
12-29-2017 Newshound Guru BGG This is the #1 piece of information being overlooked right now. When they stop those auctions and they don’t say particularly when they’re going to do it next year. I’d assume it happens fairly early in the new year…right after the first of the year. Something cataclysmic is going to happen. I’d assume they have some sort of a plan for that…
12-28-2017 Intel/Newshound Guru Mnt Goat the new rate is NOW at the banks but the banks are now reorganizing and strategizing how to roll out the exchange process but only after the Feds release it to the global currency exchanges and then have to put it on a float (off the de facto peg with the US dollar). We have been told it is then planned to be pegged with an SDR basket of five other currencies each with different weights. This will all come shortly so relax and let’s watch it play out. I have a feeling this is going to be the longest 12 days of Christmas we ever experienced ….
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12-28-2017 Intel Guru AdminBill IT IS GOING TO HAPPEN SOON…MY EMPHASIS IS ON SOON. KNOCK ON WOOD…I REALLY HAVEN'T GIVEN NEWS BECAUSE WHAT I HAVE CAN'T BE CONFIRMED AS YET. I WOULD ADVISE YOU ALL TO KEEP AN EYE ON THE NEWS AND SIMPLY BE ON A HIGHER ALERT THAN WE NORMALLY ARE…AGAIN, I AM LOOKING AT A WINDOW THAT GOES THROUGH JANUARY BUT MAY BE IN OUR FACE WITH THE BLINK OF AN EYE. BE OPTIMISTIC AND ENCOURAGED BUT GUARDED…
12-28-2017 Newshound Guru Adam Montana ...Today [yesterday], 3 OFAC is making amendments to the Regulations to implement E.O. 13668 (79 FR 31019, May 29, 2014) (E.O. 13668)…support of the orderly reconstruction of Iraq, the restoration and maintenance of peace and security in Iraq, and the development of political, administrative, and economic institutions in Iraq, E.O. 13303, as amended by E.O. 13364...In Abadi's address following today's Parliament session in Iraq, he used these words at one part: Quote " ...(Abadi) added that "the Council also agreed to assign the ministries and provinces concerned to take the necessary executive procedures and according to the framework document of the National Plan for Reconstruction and Development of the provinces affected by terrorist operations and the war.”…Anyone else find it intriguing that these statements come on the same day from major leaders on opposite sides of the planet? Stay tuned! I could continue, but I prefer to let Iraq do that for now.
12-28-2017 Newshound Guru Mnt Goat Are the ATMs in Iraq really turned on? Yes…How many times must we hear this stupid rumor but now it is TRUE….Iraq really made their next move and so we wait. We know the ATM machines have been set up to go for a very long time and when they are turned they are designed to launch the new lower denomination notes. Also, they couldn’t turn them on until they launch a new rate to coincide with the newer notes. Also the citizens needed to have money in their bank accounts to use the ATM. This could not be done until the government paid them electronically and forced them to use and trust the banks. So, you can conclude for yourself what must have just happened. It now official and no more stupid rumors..
12-28-2017 Newshound Guru Mnt Goat ...According to my source in the CBI, the CBI released the new polymer notes these past few days and along with it re-instated the currency. They are doing this via the ATM machines. As I said to everyone this would probably happen first in Iraq and we would not yet see it on FOREX. However, they can’t wait to long for FOREX since exchanging thru the ATM in a foreign country relies on FOREX thru the banks to get the new rate to convert the dinar to whatever currency of that international country. So I still do not believe anyone is using these cards outside of Iraq right now...
dinarguru.com
12-29-2017 Newshound Guru G-Lin Article quote: "Al-Rafidain Bank announced on Wednesday the launch of the ATM service in Iraq through the adoption of the electronic payment card (master card and other payment card) held by the citizen to withdraw his money anywhere." [The only part that concerns me about the new ATMs is that they obviously rolled them out with the large denoms. It doesn't seem like they would do that and then have to switch them over to lower denom models in Q1, but maybe the conversion isn't that difficult...] I don't think they would put L.D.s in the ATMs until after a currency change. It wouldn't do them much good. They also want the peeps to come into the banks to exchange currency I'm sure. I know I'm ready to exchange mine.
12-29-2017 Newshound Guru Kaperoni Article: [Central Bank: float the dinar is difficult to apply in Iraq] We just need to wait and see. I would not be so quick to assume they won't float..because that is the option. They want to end the auctions, the CBI needs revenue, and needs to provide a currency for international transactions. Floating and Article VIII are those solutions. Allaq himself stated he wanted the dinar included in the global basket of currencies in the vital world stock markets.
12-29-2017 Newshound Guru BGG This is the #1 piece of information being overlooked right now. When they stop those auctions and they don’t say particularly when they’re going to do it next year. I’d assume it happens fairly early in the new year…right after the first of the year. Something cataclysmic is going to happen. I’d assume they have some sort of a plan for that…
12-28-2017 Intel/Newshound Guru Mnt Goat the new rate is NOW at the banks but the banks are now reorganizing and strategizing how to roll out the exchange process but only after the Feds release it to the global currency exchanges and then have to put it on a float (off the de facto peg with the US dollar). We have been told it is then planned to be pegged with an SDR basket of five other currencies each with different weights. This will all come shortly so relax and let’s watch it play out. I have a feeling this is going to be the longest 12 days of Christmas we ever experienced ….
…. ……12-28-2017 Intel Guru AdminBill IT IS GOING TO HAPPEN SOON…MY EMPHASIS IS ON SOON. KNOCK ON WOOD…I REALLY HAVEN'T GIVEN NEWS BECAUSE WHAT I HAVE CAN'T BE CONFIRMED AS YET. I WOULD ADVISE YOU ALL TO KEEP AN EYE ON THE NEWS AND SIMPLY BE ON A HIGHER ALERT THAN WE NORMALLY ARE…AGAIN, I AM LOOKING AT A WINDOW THAT GOES THROUGH JANUARY BUT MAY BE IN OUR FACE WITH THE BLINK OF AN EYE. BE OPTIMISTIC AND ENCOURAGED BUT GUARDED…
12-28-2017 Newshound Guru Adam Montana ...Today [yesterday], 3 OFAC is making amendments to the Regulations to implement E.O. 13668 (79 FR 31019, May 29, 2014) (E.O. 13668)…support of the orderly reconstruction of Iraq, the restoration and maintenance of peace and security in Iraq, and the development of political, administrative, and economic institutions in Iraq, E.O. 13303, as amended by E.O. 13364...In Abadi's address following today's Parliament session in Iraq, he used these words at one part: Quote " ...(Abadi) added that "the Council also agreed to assign the ministries and provinces concerned to take the necessary executive procedures and according to the framework document of the National Plan for Reconstruction and Development of the provinces affected by terrorist operations and the war.”…Anyone else find it intriguing that these statements come on the same day from major leaders on opposite sides of the planet? Stay tuned! I could continue, but I prefer to let Iraq do that for now.
12-28-2017 Newshound Guru Mnt Goat Are the ATMs in Iraq really turned on? Yes…How many times must we hear this stupid rumor but now it is TRUE….Iraq really made their next move and so we wait. We know the ATM machines have been set up to go for a very long time and when they are turned they are designed to launch the new lower denomination notes. Also, they couldn’t turn them on until they launch a new rate to coincide with the newer notes. Also the citizens needed to have money in their bank accounts to use the ATM. This could not be done until the government paid them electronically and forced them to use and trust the banks. So, you can conclude for yourself what must have just happened. It now official and no more stupid rumors..
12-28-2017 Newshound Guru Mnt Goat ...According to my source in the CBI, the CBI released the new polymer notes these past few days and along with it re-instated the currency. They are doing this via the ATM machines. As I said to everyone this would probably happen first in Iraq and we would not yet see it on FOREX. However, they can’t wait to long for FOREX since exchanging thru the ATM in a foreign country relies on FOREX thru the banks to get the new rate to convert the dinar to whatever currency of that international country. So I still do not believe anyone is using these cards outside of Iraq right now...
dinarguru.com