Iraqi Dinar Guru opinions 11-30-17
Iraqi Dinar Guru opinions 11-30-17
11-30-2017 Intel Guru RayRen98 “The canary is starting to sing… next should be the Fat Lady?” You all know the phrase, “It ain’t over til the Fat Lady sings”, and then it’s all over bar the shouting. There is some intel I cannot share with you at this time, but in due time all will come to light. The 2018 Budget has been sent to Parliament, and probably been approved with the rate of $3.63 cents in it. Numbers have been modified from billions down to millions because of the rate adjustment. We are waiting for it to be represented in the CBI now. I believe there are some public articles referring to that rate of $3.63 re: the Budget in Parliament. We’ve been talking about a rate of $3.71, but they are working with $3.63, and it could bounce up. We know the market will probably push it up…
11-30-2017 Intel Guru RayRen98 In addition to that, the elusive speeches from last weekend are now public. The first one was given, and there was some confusion about whether the RI was actually being put out there for public consumption, so there was a subsequent announcement. Probably the transcripts will be available after we no longer need to see them! But that is darned good information especially with the other parts we cannot bring out at this moment. I have two dates that I’m very interested in: November 30 and December 2. I am waiting for further confirmations and details on those dates. Do whatever you need to do to be ready because this is not a dress rehearsal, this is the real deal.
11-30-2017 Newshound Guru G-Lin Article: “Tigris channel reveal details of the World Bank negotiations with Iraq on the corruption of the currency auction” IMO the World Bank and IMF are very much involved with the preparation of this [2018] budget. It seems they are telling the Central Bank and the Gov. to stop the auctions. This contributes to the majority of the corruption in Iraq. It always has been an avenue for the whales {Maliki and Co.} among others, to control the black market through imports. I think the corruption is a target for W.B. and IMF. They are pushing Abadi to open up “Made in Iraq” legislature to move to an open market which will increase exports and contribute additional income for non-oil profits. This is mandatory for an increase in value of their currency imo.
11-30-2017 Newshound Guru G-Lin There are many parts to this budget and they are trying to tie it all together which is not easy. The Kurdistan share is difficult to agree on. Abadi seems to be more interested in getting Barzani instead of the Maliki. Actually they both need to be brought to justice. I think the month of Dec. may be interesting. The budget may not make it parl. before Feb. I’m not sure yet. Remember the budget is retroactive so it really doesn’t matter when they bring it out. Of course, we would like to see it open up on the first of the year, and it might.
11-30-2017 Newshound Guru G-Lin One thing seems obvious to me and that is an involvement with W.B. and IMF like I’ve never seen before. And it is also obvious that Iraq is trying to move to an open economy. They must stop that insane auction in order to do that and have a currency change. That should be done for the investors. They are just chomping at the bit to enter Iraq with a vengeance. They want protection for their money from the corrupt. Iraq is moving at a pretty good pace here at the end of the year. All we can do is watch and see what Parl. and CBI will be able to accomplish. I think the corruption is the biggest enemy of Iraq, but IMF and W.B. are on it. That’s encouraging.
11-30-2017 Newshound Guru Breiting [What are you looking at that makes you KNOW they want to revalue?] The parliament, The Ministry of Finance, The Ministry of Planning, The Central Bank of Iraq and they’ve been yelling at the top of their lungs. They even told the IMF what they wanted to do within a certain timeframe and the IMF said fine…as long as you pay the bills you guys are going to be fine…none of this is opinion…As far as the investment in the Iraqi Dinar on a timeframe I’m speculating 100% for sure. But that’s a timeframe. As far as it gaining value to what I think? No, it’s not speculation.
11-30-2017 Newshound/Intel Guru Mnt Goat So what happened to this “speech” Abadi was supposed to give, that would kick off a series of events to begin the RV? Since Saturday Abadi has actually given four speeches to the news media. I keep telling you there is no single event that is going to trigger the RV. The RV is not managed by the Government of Iraq (GOI) meaning the prime minister Abadi has little control over it other than for the Finance Ministry to give it final approval, when ready. The GOI also has the responsibility to initiate the reforms, fund them and implement them. That is it. The GOI does not set monetary policy for Iraq. …it is the Central Bank of Iraq (an independent organization) that manages the monetary policy of Iraq.
11-30-2017 Intel Guru Frank26 The IMF and the World Bank are warning Iraq that they need to stop the currency auctions and raise the rate. The IMF know the greatest point of corruption is occurring in the auctions. Based on their reserves, [Guru] Delta calculates they need to do this ASAP. They have about $43 billion in reserves, but if it drops to $36 billion the IMF says they are in trouble because $7 billion is not enough of a pad, especially since their burn rate is several billion USD/month. IMO They were worried about leakage of bank secrets from the third meeting and they are seeing that now. IOO The bank openings in neighboring countries indicates they are done. Everything is all set to go but they just now need to show it to us.
11-29-2017 Newshound Guru Adam Montana There is some positive news to be discussed regarding the Dinar…I’m confident that I’ve done all I can do to prepare for a huge increase in the dinar, I’m very excited for it to happen…There is still a great opportunity for massive gains on the IQD…I know, it’s crazy to think that the Dinar could ever go from it’s current level to .10, $1, or higher… but…We need HCL news. Period.
11-29-2017 Intel Guru Frank26 Abadi said he is ready to stop the auctions.
11-29-2017 Intel Guru Bruce This is why I am very excited. We are looking very, very good… You guys remember we talked about 4 days of celebration that suppose to go from Saturday to Tuesday? They actually started Friday evening with fireworks. As far as I know they are complete now. They may extend those beyond the 4 days and have every reason to do that. They call it Iraq’s victory week. Why they call it a victory? It is because they are done. Prime Minister Abadi made his speech last Wednesday before Thanksgiving about the liberation of Iraq, etc. He made another live speech yesterday [Monday]. I understand the speech will be posted in Iraq’s official publication, the Gazette, tomorrow. The new rate for the Iraqi dinar, which I understand what it is now, maybe they will put that in tomorrow. I don’t know that.
11-29-2017 Intel Guru Bruce What else has happened with Iraqi’s CBI? They have put in their new Swift Codes. The Swift System was sort of integrated into the Cips System. The bankers call it the new Swift System…that makes all these transfers of funds, wire transfers happen so quickly now. …they have been testing it for months now and have been sending tranches of funds daily. We heard 2 to 3 more tranches of funds have been sent to the banks to be there for our exchanges. …Iraq’s new Swift Codes are in place and they are ready to do wires in CBI starting tonight [Tuesday]. That is super positive. If you can do a wire transfer from CBI, that is about as international as you can get. You have a new rate, CBI rate, and the ability to send and receive bank wires transfers through the CBI new as of midnight Iraqi time today. There you have it. I would say Iraq is ready to go. I know it didn’t happen before Thanksgiving and cyber Monday. All I can say we are at a defining moment… and we are understanding it is a go very shortly.
dinarguru.com
