10-30-2012: Iraqi Dinar Guru guesses!!!
10-30-2012 Newshound Guru Tlar Systematically Maliki has conived his way to this point and mostly gotten away with it. But it is different this time. Internally and externally he has crossed the line. The opposition is finally reading the constitution and using it as a reference tool. Maliki has violated the constitution on numerous occasions since 2010 but never have we heard the outcry as we are at this time. He has made a grave mistake attacking a man with Shabibi’s reputation and credentials.
10-30-2012 Newshound Guru Kaperoni Article: “IMF reiterates its call to Iraq to lift subsidies on oil derivatives, energy and ration card” This is a great article. With the high level of poverty, the IMF is asking Iraq to stop subsiding these items; oil derivatives (oil, gas, heating fuel, etc), energy and ration card (flower, wheat, etc). That is the bare necessities of life. This is another way of saying…RV your currency now! The IMF is asking the GOI to give the citizens some wealth! Can you imagine lifting these and doing nothing? The countries inflation would go way up and would turn to chaos.
10-30-2012 Intel Guru Frank26 No one is listening to Maliki. Shabibi IS going back to Iraq…Turki will go away…IMF has obligation to rebuild Iraq. The GoI & CBI also has to work with the IMF…ONLY the CBI is ready. Has the the actions of Maliki interfered with the RV? it will not be an RV…rather it will be an RI…and NO, it will not slow the process. Timeline for the RI – November 6, 2012 – January 20, 2013! IMO, the rate will be significant.
10-30-2012 Intel Guru Frank26 the IMF states that Iraq is NOT using the funds from the IMF for the people of Iraq, they are pocketing the monies. The IMF has told them (2nd warning) to do as the agreement stimulates or we will cut off ALL funding to you (Iraq). If the IMF cuts all funding from Iraq, that means that Iraq will have to start paying its own bills. Iraq is going to have to start paying back the IMF in Feb. 2013, and the interest is going up. The IMF says to Iraq…Get your GOI seated and ready…the CBI is ready! Shabibi wants the new rate in the 2013 budget, to be ready by Jan 1, 2013. IMO, you will NOT see a National Conference or Formation of the GOI until AFTER the US elections.
10-30-2012 Newshound Guru Vic1 There was a very important meeting in “MOSUL” [a city in northern Iraq] we know that Tariq Al- Hashemi was there as well! The Meeting or conference was to complete all W.T.O., final paper work!!!
10-30-2012 Newshound Guru Mountainman Yeah, I’m sure they are interested in spending money to replace the same old worthless Iraqi currency. How often do you think they use a 1,000 – 5,000 bills that are worth a fraction of a cent in the market place? They never do. They use USD or a wheel barrel full of 25k notes. This is a cover for introducing the new currency. Unfortunately, the internet has made it extremely hard for them to educate the public of the upcoming change without tipping their hand. Like I said, this is a very interesting time and it’s going down completely different than any of us expected…. but it’s going down!!
10-30-2012 Newshound Guru Mountainman Can you believe our Shabs is really gone, Iraqi police are storming the CBI, arresting CBI employees and the international community remains silent even after the World Bank, IMF and United Nations referenced Iraq’s economy as one that will help the global financial recovery. So, something is going on we are clearly unaware of. Even amidst the apparent turmoil, we have the Deputy CBI Governor saying they are replacing “damaged” lower denoms next month.
10-29-2012 Newshound Guru Mountainman [New Guru] An economic researcher today said that Iraq is going to be a powerhouse economic force in the region and that they also need to continue to diversify their sources of revenue. He went on to say that Iraqi …sits in a very strategic location in the world..a diamond in the rough but not for long. This is a time like no other in this investment.
10-29-2012 Newshound Guru Med THE IMF IS PRESSURING THEM. HE WANTS SUBSIDIES STOPPED AND IRAQ TO MOVE TO A MARKET ECONOMY. BY DROPPING THE SUBSIDIES YOU KNOW WHAT THAT WILL DO TO THE DINAR AND INFLATION IF NOTHING IS DONE ON THE EXCHANGE RATE? INFLATION WILL SKY ROCKET…WHICH IS WHAT WE ARE WAITING FOR.