6-4-2012, IRAQI DINAR GURU GUESSES!!
6-3-2012 Kaperoni In recent days we have seen numerous articles from the CBI about how “all preparations are done” and that they want the GOI and Council of Ministers to come on board and support the CBIs plan. We are starting the see the tremendous burden on Dr. Shabibi to take the dinar to an “international” level. That without his monetary reform, there is no WTO, no free market economy and limited economic improvement.
6-3-2012 BGG Maliki seems to be saying he’ll do whatever he needs to – to make everyone happy. I don’t believe he will – he’s famous for gigantic stall tactics. However, he’s at least saying the right words. I don’t really see the opposition parties “letting up”. They do appear to be giving him all the chances in the world – however, they also appear to be moving ahead on proceedings at the same time. The other problematic issue is – I don’t think he has the time left to be able to “iron out” the 5 or 6 issues they have left. It is simply a technical problem…I don’t think he can if he really wants to.
6-3-2012 Frank26 what if we told you…that SA [Saudi Arabia] is paying GOI members from 1 to 2 million dollars for any member that wishes to remove their confidence vote for Maliki. SA does not want a Shiite government in Iraq. Why would they even bother with one or two million when these Maliki supports know they are about to raise the value of the IQD? …M is not going anywhere. The reality of our investment is sound.
6-3-2012 Poppy3 they did not vote today because there were 3 bloc’s and several other leaders that did not attend as they had been ask to do. He stated they plan to try tomorrow to pull everyone together for the actual vote. He also said it doesn’t appear to him they are considering anything the Maliki camp has suggested . This report comes direct from Bagdad. We will hear more in the morning so get ready and everyone keep smiling all is well in our future.
6-3-2012 Bondlady “The market does not recognize the government support being linked to other countries and the ration based on government financial support.” This has to do with taxes and the rations. They should have already had a better currency rate and they shoulda already dedollarised and supported there own currencies growth and not our usd. They should have basically already RV’d.
6-3-2012 Duckyboy This is and will be a big month for Iraq. The Security Council meets towards the middle of the month and may or may not release Iraq from Chapter VII. Remember that this is not a financial issue, but long standing issues with Kuwait. Tariffs laws are due to start by the end of the month (yes, I was wrong). This is an Iraqi RV, not resetting the worlds financial systems. Basel III is supposed to help with this matter. This may be a very interesting week.
6-3-2012 Studley I do not give dates and rates because I am directly involved, also, this is a moving event with many moving parts, it is constantly changing, point is we are in the final stages of seeing this come to fruition.
6-4-2012 BGG I find it interesting the timing of this [Biden] visit – it almost seems a little late if they intend to “prop up” their man (Biden brokered the original Erbil deal). They have been hedging their bets – maybe they intend to be the first one “to the punch” with the new regime? It does, however, concern me with “secret meetings” between Jeffries and Maliki over the return of Daqduk (the terrorist). I sure hope these guys aren’t cooking up some “long term sell-out”.
6-4-2012 Med I JUST READ 3 ARTICLES…ALL OF THEM CONFIRMING THAT THEY WILL BE SUBMITTING FOR THE VOTE OF NO CONFIDENCE, LIKE NOW. THEY WERE TO OFFER MALIKI BASICALLY IMMUNITY JUST LEAVE IS ALL THEY WANT. NOW THERE ARE 3 ARTICLES RIGHT NOW THAT ALL MENTION MALIKI RESIGNING BEFORE THE VOTE…IF HE RESIGNS THEN I THINK THEY HAVE WEATHERED THE STORM. IF HE IS NOT GOING TO RESIGN HE WILL MOST LIKELY BE PROSECUTED.
6-4-2012 Kaperoni there will be no WTO for Iraq until they get the currency more in line with the USD and accept the conditions of Article VIII of the IMF Guidelines. The good news is that we don’t have to concern ourselves with WTO as the currency reform will come prior. These are big hurdles for the CBI, but clearly in recent days, we can now see there significance of why Dr. Shabibi wants to move forward now…the CBI is ready…they are fully aware of the dangers of waiting on this project…we see the crossroads Iraq is at…The significance of the currency reform and the reason for the aggressive time frame. We are very close.
6-4-2012 BGG my opinion – no one really wants to remove Maliki – they want a democratic solution. However, it appears they will remove him if he forces them. Which is a very real possibility. He hasn’t shown signs of caving thus far.
6-4-2012 Bondlady we are still good to go per the taxes, which takes us to the need to raise the value of there money. We see the tarriff taxes laws was amended and dated and published in the gazette an passed into law. As of 6/30/12, no turning back now. We’re finally gonna see these taxes take place! We know the WTO meeting June 7th, we know the UN meeting June 15th,this month is huge!!!!