10-7/8-2012: Iraqi Dinar Guru guesses!!!
10-8-2012 Newshound/Intel Guru BGG Article: “Kurdistan: the absence of Barzani National Congress for a bad omen for the next stage” it’s not an absolute Barzani isn’t going to show. In fact, he has assured he would attend the National Meeting if the Erbil is honored and fully implemented. This seems to be the “line in the sand”. Maliki has said a number of times (publicly) he would fully implement the Erbil agreement.
10-8-2012 Newshound Guru Kaperoni Article: “Central Bank decides to change the timing of the implementation of the restructuring of the Iraqi currency project and the deletion of zeros” This IMO is a very telling article. If they plan to have the currency (smaller denoms) in circulation at the beginning of the year, then the rate must change prior to that date. Here is the quote… “the new currency in circulation must be the beginning of the calendar year where it has been determined to begin implementation”. So now we wonder will this be the beginning of 2013? If so, we can expect the rate to change at any time. If not, then they will shoot for 2014 with the new currency, and the rate can raise via float over the next 14 months. I do not see them waiting to 2014 because that decision will slow down the ISX, WTO accession, and economic progress/employment, etc. This is a very encouraging and promising article.
10-8-2012 Newshound Guru Med I WILL TELL YOU WHY THEY DO NOT WANT TO REVALUE, THEY DONT BELIEVE THEY CAN AFFORD IT AND THEY ARE PISSED AT SHABIBI WANTING TO KNOW WHY WHY DID HE SELL SO MUCH, THAT HE HAD TO KNOW THIS WAS GOING TO BITE IRAQ IN THE ARSS WE ALL DID. NOW THIS IS UP IN THE AIR. NOTHING I CAN TELL YOU AT THIS MOMENT IS FINAL. NOTHING TO HAVE THE RV OR NOT TO. THEY ARE LOOKING AT AN OPTION TO INCREASE THE VALUE BUT NOT DESTROY THE ASSETS IRAQ HAS FROM WHAT I UNDERSTAND. IF THAT DOES NOT FLY THEN THEY ARE FORCED INTO AN RV. WE SHALL SEE WHO WINS THIS BATTLE. [post 2 of 2]
10-8-2012 Newshound Guru Med THE TRUTH, AS I KNOW IT, THERE IS A BATTLE GOING ON RIGHT NOW ON DO THEY REVAL OR NOT. I KNOW WHY OR HAVE FIGURED OUT WHY THEY DO NOT WANT TO REVALUE THIS YR. THERE ARE REASONS THAT CBI IS BEING INVESTIGATED BACK IN MARCH OF 2009. WHEN IRAQ FIRST LEFT THE INITIAL SBA AGREEMENT WITH THE IMF MALIKI AND HASHEMI AND MANY MEMBERS OF PARLIAMENT BEGGED SHABIBI TO STOP SELLING THE DINAR AND…THAT IT WAS REDICULOUS TO KEEP SELLING OFF THE FUTURE OF IRAQ. [post 1 of 2]
10-8-2012 Newshound/Intel Guru BGG There are at least three different narratives in the process of developing…I’ll expand…First there is the constant and obvious struggle between the opposition and the dominant National Alliance (Maliki’s gang). This has been an ongoing battle for the soul of this fledgling democracy. Second there is something of a mild internal struggle with in the opposition itself. This one is not so easy to identify – but it is there. Next is the steady barrage of attacks from the GOI, Maliki and some elements in the Iraqi Parliament against the Central Bank of Iraq. Finally, there is the overt pressure of the incumbents against those outside forces (the US included) to manipulate pressure against their enemies in an effort to garner support for their political futures.
10-7-2012 Intel Guru TerryK [Is the vnd rate still in the .90’s] .91 BUT HEARING THEY ARE TRYING TO GET IT HIGHER, THATS PART OF THE SNAG. THEY ARE TRYING TO GET 2.22. THEY WERE AT 2.22 A FEW YEARS AGO. IT WAS FORCASTED THREE YEARS AGO TO HIT .05. THEN I HAVE A BANKING DOCUMENT FROM A FRIEND THAT STATES .25…THEN ANOTHER THAT HAS ITS REVENUE STREAM TO SUPPORT 2.00 BASED OFF OF OIL DISCOVERY.
10-7-2012 Newshound/Intel Guru BGG Article: “Urgent .. Maliki submit candidates for the Interior and the National Alliance qualify them” Good news that Maliki is submitting any candidate for anything. He has promised numerous times he would address this issue – with no visible action. The IS submitted four legitimate candidates to the Defense Ministry sometime between Sept. 6th to the 11th. We’ll see how serious the NA is about a true National Conference.
10-7-2012 Newshound/Intel Guru BGG Article: “Maliki: Support reform and paper Otbnaha and ready to attend any meeting of a national” This is an article about that Friday meeting…Maliki seems to be saying (at least) he supports the National Meeting format. However, I’m sure there is some caveat we aren’t aware of yet. Maliki has stuck to this type of rhetoric for awhile. It’s no secret he has stalled as long as possible…but at some point (by his own admission) he may have to give in.
10-7-2012 Newshound Guru Med THEY DO DISCUSS WHAT I SAID ON THE TIME FRAME I MENTIONED ON IT TAKING TO GET TO THE ONE TO ONE WITH THE USD AND IN FACT THEY EXPECT IT TO GO HIGHER. THEY BELIEVE THE DINAR AGAIN WILL HIT 3 PLUS BECAUSE OF THE OIL. THEY PREDICT 6 MBPD IN COMING YRS AND IN 3YRS THE DINAR WILL BE EQUAL TO THE USD. THEY ARE SAYING THAT IT WILL STEADILY INCREASE OVER THE NEXT 36 MONTHS TO FINALLY GET TO 1 TO 1. [post 2 of 2]
10-7-2012 Newshound Guru Med THIS WAS A VERY VERY GOOD DAY FOR RV NEWS. THE ARTICLE…TALKS ABOUT US, THE INVESTOR, AND HOW WE ARE READY TO MAKE A KILLING ON THE DINAR…THAT WE HAVE MORE CONFIDENCE IN IT THEN THE IRAQI PEOPLE AND MOSTLY CUZ WE UNDERSTAND THAT WITH OIL EVEN THOUGH THE GOVT SUCKS THEY WILL STILL BE WEALTHY AND SO WILL THE SPECULATOR. [post 1 of 2….stay tuned]
10-6-2012 Intel Guru Blaino THE “LIFTING”, “REMOVAL” AND/OR “CUTTING OFF” THE 3 ZEROS IS NOW CLEARLY ALL ABOUT THE REMOVAL (FROM THE STREET) OF THESE LARGE QUANTITY NOTES…5K, 10K, 25K..AND HAS BEEN DIVORCED FROM A CONNECTION TO THE ‘RATE’…OF THE EXCHANGE FOR THE IQD. OH WHAT A RELIEF IT IS TO FINALLY GET CLARITY ON THAT ISSUE… OUR CONCERN IS THE RATE “CHANGE”…AND THE RATE OF GROWTH IN THAT VALUE OVER TIME.
10-6-2012 Newshound Guru Bondlady what messed the whole thing up from happening for over 2 years was even trying to make the goi a power sharing gov, clearly they don’t and won’t share and if the national conference fails then it should move to majority gov…many want to pass laws but the quota system stops that…blocs who want stuff, so they hold out and shoot down important stuff for there own selfish greedy wants…was not a good thing the US came up with power sharing… if they would just do whats best for the people and the country but they can’t, greed and power and selfishness drives them. they have already said next elections will not be this power sharing stuff
10-6-2012 Newshound Guru Med A GREAT ARTICLE THIS MORNING FROM THE ECONOMIC FINANCE COMMITTEE THAT THE ZERO’S NEED TO BE DELETED ON SCHEDULE AND NOT WAIT, IF THEY WAIT IT WILL HAVE A DEVASTATING EFFECT ON THE IRAQ ECONOMY AND INFLATION WILL RISE…IT WAS VERY GOOD…NICE TO GET SOME GOOD NEWS.
10-6-2012 Intel Guru Blaino THE NATIONAL MEETING “MAY” BE HELD MORE TOWARDS THE MIDDLE OF THE MONTH…3 NAMES ARE EXPECTED TO BE NOMINATED, AND ONE OF THESE WILL BE CHOSEN. WE WERE INFORMED ABOUT NOVEMBER OF LAST YEAR THAT THESE LAST 2 MINISTERS WERE QUIETLY SELECTED AND WERE WORKING …SO, WERE THESE UN-ANNOUNCED GUYS MERELY “PLACE HOLDERS” OR HAS THE SHIFTING OF POWER FORCED NEW CANDIDATES MORE ACCEPTABLE TO THE POWERS ON THE RISE TO BE CHOSEN? THE ANSWERS TO THESE AND OTHER QUESTIONS MAY BE FORTHCOMING IN THE NEXT WEEK OR TEN DAYS.
10-6-2012 Newshound Guru Bondlady ive said many times theres no smoke and mirrors…there hasn’t been any smoke in a few years, just got to know how and what your reading… i do try to show a road map from the past to the future and sometimes those maps we have to follow are years old, but if you throw that map out because it never happened yet then you throw out what you knew was going to happen…well i did say the coming out party per the london convention and i did because thats true…it was letting europe know iraqs ready to do business with the world and get their suggestions as to what would make it easier for the world to come in and invest, so it really was but it wasn’t there currency coming out party… just can’t put a timex on iraqs wrist when they go by a sundial.
10-6-2012 Intel Guru Bluwolf IT IS A WORK IN PROGRESS WHERE THERE ARE SOME LOOP HOLES THAT HAVE TO BE COVERED. ALL MUST BE PERFECT BEFORE IT GOES LIVE…BUT WE ARE CLOSE. WE ARE IN A VERY IMPORTANT MOMENT IN HISTORY. WE ARE ABOUT TO RECEIVE A VALUABLE BLESSING. I KNOW FOR A FACT THAT THINGS ARE HAPPENING, THAT WE ARE CLOSE AND THAT YOU WILL RECEIVE YOUR BLESSINGS VERY SOON.
10-6-2012 Newshound Guru Med IRAQI OIL EXPORTS HAVE NOTHING TO DO WITH THE DINAR REVALUED BUT THE DINARS VALUE HAS ALOT TO DO WITH OIL PRODUCTION FOR THE FUTURE OF THE DINAR…THEY HAVE TO BE ABLE TO GET IT MOVING. IT ISNT JUST…HOW MUCH OIL, PEOPLE HAVE TO TRUST THE GOI. THEY NEED TO BELIEVE THAT THEY WILL BE PAID FOR IMPORTS AND IRAQS HISTORY ON PAYING ANYTHING IS BAD…NOW SHABIBI IS TRYING TO SELL THE IDEA OF THE DINAR TO THE PEOPLE OF IRAQ AND NOT USE THE USD. THE SAME HAS TO BE DONE INTERNATIONALLY. IF IT CANT BE SOLD TO COUNTRIES LIKE AMERICA, CANADA AND THE UK THEN IT WONT MATTER HOW MUCH OIL THEY PUT OUT.