2-19-2013: Iraqi Dinar Guru guesses!!!
2-19-2013 Intel Guru Delta [via Leo] a free float will never work for Iraq because Iraq only has oil to export and oil is tied to the dollar. when the rate comes out it will basically shock a lot of people in a good way…I might be wrong!! I like to give you one last thing to think about, Iraq told the CBI they are going to print 28 billion dinar .. with a population of about 32 million people with a GDP of about 120 billion for the year .. in order to do that the rate has to be over $3.00 .. everyone will be happy .. don’t listen to those articles .. Iraq government and the media did a excellent job misleading a lot of people nation wide and around the country.
2-19-2013 Intel Guru Goofball [article: “CBI is working to issue currency class of 100 thousand dinars soon; Urgent need for coin Posted: February 18, 2013 in Iraqi Dinar/Politics”] IT’S SMOKE. IT’S A OLD ARTICLE SENT OUT AGAIN.
2-19-2013 Newshound Guru Joey [via RVme] The Kurds said Sunday Barzani will release an initiative to call the National Meeting which will occur in March to gather all political blocs and settle crisis. They have 2 calendars in Iraq. February and March are considered the SAME month. If all the delegations arrive next week, then why isn’t Barzani going to be in the country? Barzani will be in Moscow February 19-23. She says they already told us they…had a meeting. She says makes ya wonder, doesn’t it?
2-18-2013 Intel Guru Goofball I GOT YESTERDAY THAT THIS MAY PUSH OUT A FEW DAYS FROM ONE SOURCE, THIS SOURCE IS A GOOD ONE…BUT DON’T FRET ITS COMING. NOW THE OTHER SOURCE IS TELLING ME AT ANY MOMENT AND HE IS IN THE KNOW, SO I GUESS WE WAIT AND TRY TO SEE HOW THIS PANS OUT.
2-18-2013 Newshound Guru Tlar Article: “CBI reveals issuing currency class 100 thousand dinars soon 02/12/2013 Palm – central bank adviser said the Iraqi “appearance of Mohammed Saleh” that the Iraqi currency need to expand and we will issue a currency class 100 thousand dinars.” This article is bogus. To print a 100,000 note and not print the smaller denominations make no sense. They have been pulling the 3 zero notes out of circulation since April of 2011. This would mean that the denominations would be 100,000, 1000, 250′ 100′. It doesn’t even work on paper unless they re-release the 3 zero notes, the 5000, 10000, and 25000. Kap [Kaperoni] you are spot on, IMO. The article is screwy and deceptive. Hmmm. Deceptive, as it certainly would “discourage” some one looking to invest in the currency.
2-18-2013 Newshound Guru Kaperoni Article: “CBI reveals issuing currency class 100 thousand dinars soon 02/12/2013 Palm – central bank adviser said the Iraqi “appearance of Mohammed Saleh” that the Iraqi currency need to expand and we will issue a currency class 100 thousand dinars.” This is a strange article. Saleh is not at the CBI anymore, yet it mentions former CBI Shabibi. The article was posted and dated yesterday and but appears to be old information. Go figure. Unless they are just trying to keep attention on the currency in Iraq. And the reference to 100,000 dinar is easy because Iraqi’s would understand. When in reality, it’s a 100 dinar.
2-18-2013 Newshound Guru Bondlady i personally firmly believed and still do… that before we could ever see an rv there was at least 3 major things that had to happen first: 1 – implement article 140, 2 – hydro carbon law and 3 – monetary change. 2 weeks ago i found the hcl article where it said they tirelessly worked on the hcl until it was finally ready for its first reading in parliament, we have article 140 pretty much a done deal, checks are supposed to go out tomorrow to pay compensation or the beginning of paying out but major check disbursement, kuwaits got settled 500 million USD for their airway/ airlines and after 22 years now have flights to and from kuwait to bagdad, and then tomorrow i believe the budget will pass and because they have fought over it for basically 6 months already it should be activated within 15 days after its passed provided that no one files any new amendments to it which i dont think they will. some very good news out lately… good things coming i think.
2-18-2013 Newshound Guru Bondlady Article: “Issuing currency class 100 thousand dinars soon |on 18.02.2013 | Author Ali Hussein | —BAGHDAD / electronic integrity The adviser said the Iraqi Central Bank the appearance of Mohammed” Saleh, said that “the Iraqi currency needs to expand, and we will work on issuing currency class 100 thousand dinars.” IF this is true then their not going to release the ld’s imo their going to continue on with the notes we have right now which imo means the 000’s will be coming off the rate and not the notes. a year ago, when the articles said all through the years the zeros would come off 1 by 1 as the economy improved, i think this is really whats happening here if that article is true…this is what we want to happen, no freakin lop…if they were to take it off the money we wanted ours to be face value at least.
2-18-2013 Intel Guru Okie_Oil_Man THIS APPEARS TO BE A WEEK OF SUCH HISTORICAL IMPORTANCE THAT YOUR GREAT GRANDCHILDREN WILL READ ABOUT IT IN THEIR HISTORY BOOK’S 100 YEAR’S FROM NOW—-NUFF SAID!!!
2-18-2013 Intel Guru OCrush The budget quorum still remains open in parliament and once the kurds are satisfied Nujaifi will bring it to the floor for a vote and if all goes well he will give it his blessing. The Kurdish parliament also approved there budget but it still needs the blessing from there president to make it official. Negotiations are very active between them (open letters) and the un delegation are the mediators. As far as the surplus goes they inked a 25% deal of the oil proceeds for the kurdish provinces. The Barzani Initiative, with the help of the US, will change the political landscape and they will truly have a democracy that follow the laws of there constitution.
2-18-2013 Intel Guru OCrush The new employee contracts for the oil minister have been completed. They are attached to the 2013 budget. Once the final version of the budget is approved the contracts for them will be activated. Nujaifi holds the key for the final version to be approved. You see parliament gave the okay on these contracts and Nujaifi gave it his blessing. Now, Nujaifi is waiting for the blocs (specifically National alliance) to approve the 17% of the oil proceeds to go to the Kurds.
2-18-2013 Newshound Guru Kaperoni Article: “Iraq has elements of economic qualify to join the World Trade” Iraq needs to make the dinar internationally convertible by going to Article 8 of the IMF guidelines. What “regime” they use is yet the be determined (we anticipate a free float). This article refers to “laws” and more than likely there are several waiting on a final vote to liberalize the economy which will facilitate investment, trade, etc. An article the other day stated much of those will pass in a “basket” directly after the vote on the budget.
2-18-2013 Intel Guru SteveI Until Maliki goes do not expect much. Things are getting worse faster than they are getting better. Sad to say but true. Now the United States military has to step in? What does that tell you? I heard about the bombing this morning and now read that Maliki is behind it. I am still waiting to hear from my contacts. I was told tomorrow is the budget day and it was delayed due to the bombings. I am still being told despite the problems, this week is our week. Let it play out and great things are about to happen.
2-18-2013 Intel Guru Blaino just heard from the BANK…Rates are “jumping” all around…As they were on saturday…Vnd too, as high as $3+ as low as $.02…. Iqd same thing, but not so much fluctuation…That’s all for now, back later when there is confirmed information, as this is!
2-18-2013 Newshound Guru Tlar Article: “To each pen Sial and equitable right d. Shabibi” I’m not sure who wrote this but he is on the right side of history and has a unique understanding of the situation. He calls a spade a spade. I don’t see Shabibi returning but he was and is still a great influence on the CBI and his nation. In future history textbooks, the post dark ages of Maliki, he [Shabibi] will be remembered as one of the founding fathers of the new and prosperous Iraq, instrumental in building the foundation of the new economy. Maliki will be remebered for wasting 10 years and causing undue hardships on his people to get personal wealth and power. I hope both men receive their just reserves.