Iraqi Dinar Guru opinions 12-27-16
Iraqi Dinar Guru opinions 12-27-16
12-27-2016 Intel/Newshound Guru Mnt Goat Article: “the importance of e-cash and its effect on increasing the money supply within the banking system” …the e-dinar has many important reasons for its implementation. …they went before parliament and got it approved to roll out to all provinces and are doing so. Simply put this is their solution to lack of liquidity in the banks. But…it does not stop there since there are audit traits to fight and catch corruption. …we are seeing the process of the project to delete the zeros being implemented right in front of our noses. If you are not paying the salaries, pensions and other gov’t programs in cash then the CBI is not infusing the 3 zero notes back into circulation. Also the merchants, now hooked up to swipe their debit cards, eliminate cash dinars taken to the currency auctions. Instead they electronically use the e-dinar system to get dollars to pay for their imports. A complete audit trail.
12-27-2016 Newshound Guru loop The CBI has indicated some kind of structural economic reform is on the horizon. I would really be surprised if they pegged the to the SDR. Ultimately I do not care how it happens. Just as long as some kind of value change happens.
12-27-2016 Newshound Guru Breitling …everyone is asking me about Citibank. Yes, Citibank is selling dinar again. The naysayers say it’s [owning dinar] illegal. Or the banks don’t want it. None of it’s true. It was disruptive to their [banks’] businesses. Remember there was a time when there were little old ladies calling these banks everyday and asking them did the dinar revalue. Every single day. It was such a huge epidemic that it was disrupting business. You literally had thousands and thousands of phone calls. I know this for a fact because I talked to some of the people who were in charge of the entire west coast at Bank of America and they specifically told me they were not going to sell dinar cause it’s disruptive to business…it wasn’t worth it to them. Having said that…they bought their own dinar. I promise you they did…especially Chase Bank…
12-27-2016 Newshound/Intel Guru Arthur Along with all the requisite political and banking reforms, the equation was, is and always has been GOI + HCL = RV. With all the current proxy positions, rather the GOI is adequately complete for the UST is debatable but all indication are they are satisfied with the fulfillment of that variable of the equation. As for the HCL further progress is scheduled for Wednesday 12/28 after which we should be able to determine if there has been adequate progress to warrant a release of all remaining sanctions for Chap VIII and a subsequent rate increase necessary to satisfy the 2017 budget in Iraq… As of this post the PTB is still on schedule for early 2017.
12-26-2016 Newshound Guru Kaperoni Articles: “Iraq completed its commitment to one of the two resolutions to exit from Chapter VII” “Iraq, one step closer to leave Chapter VII of UN Charter” …this move is a good thing. Unlikely Iraq would want to be fully out of UN Chapter VII without their own internationally convertible currency. Seems that this is coming together at the same time the banking reforms are being implimented with the help of the IMF.
12-26-2016 Newshound Guru firefly [come on Mr Fly make this RV happen.] She is coming my friend, make no mistake about it. IMO The meeting with Kuwait is just a formality! [I like many others have completely overlooked the chapter seven event…] Yes most folks have. I’ve been saying for many yrs that Iraq still has a couple of sanctions remaining…Specifically the Kuwait situation. The BIS and IMF could have given Iraq as many green lights as they want…but…it meant nothing till the final 2 sanctions were lifted. Only the UN could finalize it! Keep your eyes peeled to the UN!
12-26-2016 Intel Guru RayRen98 It looks like Iraq and Kuwait are agreeing on some things and we should see the final results from that. Iraqi television show Abadi indicating progress on Mosul, or at least an accounting. Everything is leaning towards agreements with Kuwait on Wednesday, with exciting results. We are in a waiting game. Let’s see what this meeting on Wednesday between Iraq and Kuwait does for us. Few people doubt this will take place, we just can’t say when.
12-26-2016 Intel Guru Delta URGENT FROM IRAQI TV: CBI WILL TAKE NEW MEASURES TO REDUCE THE PRICE OF DOLLAR AND SUPPORT THE IQD AGAINST OTHER FOREIGN CURRENCIES IN THE NEXT FEW DAYS. NEW OFFICIAL RATE. WE WILL SEE…