3-31-2013: Iraqi Dinar Guru guesses!!!
3-31-2013: Iraqi Dinar Guru guesses!!!
3-31-2013 Newshound/Intel Guru Bluedog yes were close. you may hear something sunday but will see it next week when they start to use their budget. we have to watch them lay it all out…all facts point done…the only news I will watch is for the Rate to come out.
3-31-2013 Intel Guru Frank26 the 2013 budget for Iraq is now in the Gazette. Unfortunately…..just as we told you the rate is not in this publication…nor did we expect it to be. we also do not expect to see it on the first with the budget. I talked with DELTA…and we both agreed that this coming week is extremely serious to our investment. The atmosphere not just in Iraq but around the world has an aromatic scent of an RI/RV to it…a sweet ambrosia.
3-31-2013 Intel Guru BOBGETZ6 I, as usual, am always somewhat ambivalent when it comes to this investment. I do feel as if we are in a better position than ever before. If the budget is indeed published in the Gazette, I see that as huge.
3-30-2013 Intel/Newshound Guru Poppy3 NOW OUR POSITION IS SOLID AND ALL IS PREPARED FOR THE RV ALL WE ARE WAITING ON IS FOR THE POSTING AT THE CBI WHEN SHE OPENS EITHER TOMORROW OR MONDAY MORNING. IF YOU REMEMBER I SAID FOR MONTHS NOW THE IMF AND WORLD BANK WOULD NOT ALLOW A RV TILL SOMEONE WAS IN PLACE OF THE CBI THAT THEY TRUST AND I EXPECTED AT SOME POINT TO SEE DR SHABIBI BACK. SHALL I SAY I TOLD YOU SO??
3-30-2013 Intel/Newshound Guru Poppy3 THERE WILL NOT BE ANY FANFARE PRIOR TO THE RELEASE OF THE RATE WHICH WILL SHOW ON THE CBI FIRST BEFORE ANY MARKET? AFTER WE SEE THE RATE POSTED ON THE CBI THEN IRAQ OFFICIALS ALONG WITH LEADERS FROM ALL AROUND THE GLOBE WILL BE ARRIVING FOR THE FORMAL CELEBRATION . TIMING IS IN THEIR COURTS AS USUAL. IF YOU AREn’T EXCITED AND ON FIRE RIGHT NOW YOUR WOOD IS WET. LOVE ON SOMEBODY. POPPY3
3-30-2013 Intel Guru TerryK aka Terrence Keller JUST GOT OFF THE PHONE WITH MY MAIN SOURCE,(Fortune cookie guy!! LOL) THEY ARE TELLING ME THAT THERE ARE REPORTS OF RATES IN THE EAST THAT ARE BEING TALKED ABOUT BUT THEY CAN’T TELL ME ITS ON A MARKET YET. HOWEVER WITH THAT SAID THEY ARE TELLING ME THAT WE MAY SEE SOMETHING LATE TONIGHT OR INTO THE AM. WAITING ON A CONFIRM ON THAT AS WELL [the news articles state that the smart cards will be used tomorrow (Sunday).] THEY ARE TO BE LOADED TOMORROW CORRECT AND BACK LOADED TO JAN 3.
3-30-2013 Newshound Guru Adam Montana [Could you explain the significance and role of the IMF in regards to IQD value and RV?] The truth of the matter is that the IMF is not in control of the rate – Iraq is. The CBI sets the buy and sell rate at whatever price they want, period. Having the IMFs support would never be a bad thing, of course! But they do not set the rate.
3-30-2013 Newshound/Intel Guru Flashing Article: “Kuwaiti Premier: “Borders demarcation problem settled with Iraq”(AIN) -Kuwait confirmed settling the problem of re-demarcation of the borders with Iraq.” The article…said that KPM is waiting for Iraq invitation and there will be an economic, commercial and media delegation from Kuwait. So you know what that means.
3-30-2013 Intel/Newshound Guru Poppy3 YES I AM VERY CONVINCED APRIL 1 IS THE TARGET AND THEY WILL MEET IT THIS TIME. IF FOR SOME UNFORESEEN PROBLEM ARISES IT WOULD NOT TAKE MORE THAN 24 TO 48 HOUR FOR IT TO BE SOLVED. THERE TO OUR KNOWLEDGE AT THIS TIME ARE ZERO MAJOR THINGS TO COMPLETE ONLY SOWING UP MINOR DETAILS. THERE YOU HAVE MOST OF THE INFORMATION I HAVE RECEIVED THAT HAS BEEN CONFIRMED AND THERE IS MUCH MORE FROM SOURCES THAT IS ALL VERY VERY POSITIVE THAT ISN’T CONFIRMED.. OH ALSO THE BUDGET WAS PUBLISHED IN THE GAZETTE TODAY. ETC ETC POPPY3
3-30-2013 Intel/Newshound Guru Poppy3 NEXT NEWS FROM IRAQ: YESTERDAY BEING HOLY DAY AND USUALLY BANKS CLOSED AND PARLIAMENT ADJOURNED AND NO GOI MEETING. REPORT ARE PARLIAMENT IN FULL SESSION YESTERDAY CBI REPORTEDLY FULL OF PEOPLE ALL DAY INTO LAST NIGHT ??? REPORTS OF WORLD BANK AND IMF PERSONNEL BEING PRESENT THERE SINCE LAST THURSDAY??? I CAN SAY ALL MY SOLID CONTACTS HAVE CONTINUED TO CONTACT ME AND ALL ARE STANDING FIRM THE RV IS UPON US AND IRAQ WILL NOT STOP MEETING TILL IT IS IN PLACE DATED DEADLINE IS STILL APRIL 1 TARGET FOR MANY COMPLETIONS.
3-30-2013 Intel/Newshound Guru Poppy3 REPORTS of DR SHABIBI returning to Bagdad POST FINANCIAL SUMMIT IN BERUIT WHERE HE IS THERE AS A FEATURED SPEAKER REPRESENTING IRAQ . WHERE HE HAS HAD WARRANTS FOR HIS ARREST AND BEEN EXILED FOR OVER A YEAR AND SAID HE WOULD NOT RETURN TILL THE WARRANT WAS TERMINATED. THEN THE ANNOUNCEMENT THAT VP HASHIMI WOULD ATTEND THE MEETING TODAY AND HE WAS EVEN SENTENCED TO DIE AND HAS BEEN EXILED FOR OVER A YEAR OR MORE. THIS MEANS ONLY ONE THING??? REMEMBER I HAVE SAID UNTIL MALIKI’S POWER IS NULIFIED THE RV CAN’T HAPPEN AND UNTIL DR SHABIBI OR SOMEONE THE IMF, WORLD BANK, TRUST IS INSTALLED THERE WILL BE NO RV. GUESS WHAT MALIKI HAS EVIDENTLY BEEN NEUTERED OR THESE TWO GUYS WOULDNT DARE ENTER IRAQ MUCH LESS BE FEATURED. POPPY3
3-30-2013 Newshound Guru Tlar My interpretation of this and I believe all the recent articles support it, what they mean by returning to normal is to return the street value back to match the program rate. Until this comes back into an equalibrium, they can’t do anything with the currency. The CBI is steering the ship back to port. IMHO they…are now ready to swing the pendulum back the other way. I believe they will see the answer as introducing the new currency which means an increase in the value.
3-30-2013 Newshound Guru Tlar Iraq’s normal rate, program rate, has been 1170 since 2009. It was moved four pips by Shabibi to 1166 and then frozen there until now. The street rate as of about 8 months ago was equal to the program rate and this made it easy for Shabibi the increase it by the four pips. Today we know the street rate is much lower. About 7-8 months ago it started to drift achieving a low of 1350, until today we see it at 1250.
3-30-2013 Newshound Guru Kaperoni UN sanctions technically have nothing to do with a countries monetary policy which is controlled by the IMF. Though it can influence it (sanctions etc. causing it to devalue). The theory of an overnight RV or re-instatement…will never happen. I am hopeful that once they lift UN Chapter 7, that Iraq will officially join the international community and give some value to the dinar via a chosen “exchange regime” such as they have stated..”floating orbit of exchange” (free float). But that choice is totally up to Iraq. Not the UN, IMF or anyone else.