1-18-2013: Iraqi Dinar Guru guesses!!!
1-18-2013 Intel Guru Winalot OMG!!!!! i think i just found something!!!! Iraqi dinar exchange rate for the day Dollar: 0.9 Euro: 0.6 Pounds: 0.5 LBP: 1292.3 KD: 0.2 SR: 3.2 AED: 3.2 JD: 0.6 . yesterday, same paper – 1166. that looks like an RV to me!!!!!! that would be the in country rate. They will get their bump from purchase POWER. They will not see $3 on country. [This is very exciting, remember we're looking for a consensus from our other Intel & Newshound Gurus, and reports from our nearly 40,000 Dinar Guru members from around the world...so far this is only one report.]
1-18-2013 Newshound Guru Doc Other news is focused on chapter 7 and is positive also. One report put it as simply as all Iraq needs to do is finish the commitments to Kuwait which are not many left. This shows progress but also tells us it has not been lifted and Iraq still has a little left to do. The news that concerns us the most is that the HCL does not appear any closer to resolution. Bazarini is talking about and new form of government for the Kurds and oil is being processed through Turkey. We see this as the most critical issue left on the table before any RV. Iraq needs to secure a steady flow of oil from the Kurds to support the value of the dinar.
1-18-2013 Newshound Guru Doc We continue to watch as the news out of Iraq continues very positive. It now appears based on several reports the opposition against Maliki is strong and includes many from the NA which could easily spell his undoing. We see him doing one of two things which are cutting a deal to remain but giving up much power or being forced out. In either case we view this as positive as it should move the GOI to better stability and a true democracy. However, we are confident Maliki has a trick or two left up his sleeve.
1-17-2013 Newshound/Intel Guru Flashing VND is donging and just waiting for the official call…waiting for the release…the rate is there… imo iqd 5 to 12…everything is great…just waiting for protocols…very very very very close.
1-17-2013 Newshound/Intel Guru Flashing some sources are saying we will see rv Friday after midnight and others are saying Sunday…rumors are that the VND rate will be in the upper level of my range and for the iqd some are talking about a dummy rate and others are talking about a rate that is way over from my estimate, more than double…rumors are coming from different places…and their timing is similar.
1-17-2013 Newshound Guru Tlar I’m going out on a limb here and I am probably wrong, but I think Maliki has left the country and is watching the events somewhere from a safe place. He has not been heard of for 4 days and then we get a news article saying he is in the hospital. I think this is snow until the blocks choose a new PM. Everybody is planning now for the next PM. Maliki will be removed and replaced when everyone of the blocks agree. The NA is all but dissolved. The next couple of days should be very telling.
1-17-2013 Intel Guru SteveI Article: “Chairman of the parliamentary Finance Committee Haider Abadi, with a delegation from the U.S. Treasury Department last developments in the budget bill for 2013.” “Abbadi received a delegation from the U.S. Treasury Department and officials at the U.S. embassy in Baghdad, was discussed support the U.S. Treasury Department for Iraq and its role in the development of financial management in the Ministry of Finance counseling and observations in the areas of preparation of the annual budget and the tax side and related laws.” Yes this is very positive. It will be all over before you know it. We will keep you updated with more info very soon.
1-17-2013 Intel Guru OCrush IN CONCLUSION: I AM SOOOOO EXCITED…THE US TREASURY OFFICIALS ARE THERE TODAY, NOT NEXT MONTH, TO MAKE SURE THE CURRENCY REPORT IS PUT FORTH CORRECTLY TO REVALUE THE IQD THIS MONTH!! THERE IS NO OTHER REASON FOR THESE OFFICIALS TO BE IN IRAQ!!!
1-17-2013 Intel Guru OCrush THE REASON FOR THESE MEETINGS ARE TO ADJUST THE FINAL BUDGET TO REFLECT THE NEW RATE. THIS HAS TO BE COMPLETED BEFORE THE LAST BUSINESS DAY OF THIS MONTH ( JAN. 31..THURSDAY). THEY WILL ALSO DISCUSS THE TARIFFS AND HOW TO ADJUST THEM TO REFLECT THE NEW RATE. THE TARIFFS WILL NOT BE IMPLEMENTED UNTIL WE SEE THE REVALUATION.
1-17-2013 Intel Guru OCrush THIS IS IT!!!! THERE ARE SIGNIFICANT DEVELOPMENTS THAT ARE TAKING PLACE IN IRAQ! THE DEPT. OF TREASURY HAS SENT HIGH OFFICIALS TO IRAQ. JOINING THIS GROUP YOU HAVE OFFICIALS FROM THE WORLD BANK, IRAQS FINANCE MINISTER, THE GOVERNOR OF CBI AND OTHER HIGH OFFICIALS (MINISTERS). THESE MEETINGS ARE TAKING PLACE WITH AMB. BEECROFT AT THE US EMBASSY IN IRAQ.
1-17-2013 Intel Guru SteveI the three zeros has absolutely nothing to do with anyone outside the country. The official rate posted on the CBI site is what it will be worth world wide not here and there. All of the major banks and money exchange companies…will use that rate. Each institution will have some sort of fees. As for Chapter VII, yes it is done. Iraq will announce it probably next week or shortly thereafter. I will give you a hint on what to watch for. Look for things in the news about diplomats from around the world going to Iraq for “an upcoming” event. FYI, my rate is not a guess or prediction but rather fact. It will be exactly as I stated plus or minus a penny.
1-17-2013 Newshound Guru Tlar I think Maliki purposely has not let the bank RV in order to help Iran. As long as they are using the present bills and don’t switch to a non-counterfeitable bill, Iran can print dinars and swap them for hard currency (USD) in Iraq. Maliki is a puppet of Iran and he consistantly does Iran’s bidding. Iran said in the beginning they did not want to see a prosperous democratic Iraq and what do we have? A nation that by all means should be doing well with all the resources they have but instead we have a nation of poor people demonstrating in the streets. We also see all major legislation that would propel Iraq to prosperity stalled by his party.
1-17-2013 Intel Guru Blaino This is good news, so although i wanted to be done before the 20th, it doesn’t appear to be happening that way. This is confirmed information and the product of numerous reviews and discussions. I do not take lightly the responsibility of making this call. The close of a “pass” doesn’t mean there will be an rv immediately, just that a more enhanced ‘watch’ can continue. This is “very good for us!” We can resume our dilligent watch on february 1ST… Know that our team will never let up on it’s WATCH… Until we are enriched and complete!
1-17-2013 Intel Guru Blaino Information indicates there is an important marker in the works, one that “no one” saw coming, which dictates a series of events ‘must’ transpire in the closing moments of the run up to the rv, we are definitely in the “quickening” time of this…Currency HOLD.. cannot say more at this time. As such, i am enabled and happy to de-stress everyone by announcing that there will be a number of days required for the implementation of these matters and therefore, we have no need to worry about rv occuring in the interim! Hence, i am declaring a “pass” valid until the 31st of january, 2013. A “pass” is a time during which the possibility of an rv is remote at best.