Iraqi Dinar Guru predictions! 5-3/4-2013
5-4-2013 Newshound Guru Kaperoni I will say this in defense of the “float theory.” I was very skeptical when I heard it. And had several follow up questions which were answered. But more importantly, as time has passed, much of what I heard was validated. Heck, I would love these articles of .86 to be correct, and I think you all would also. I think we all would prefer to be done with this investment tomorrow, than have to watch the dinar rise over a period of time.
5-4-2013 Newshound Guru Kaperoni There is one key piece of evidence that I keep going back to that has yet to be debunked…and that is the Power Point presentation to banks in Iraq during the January Banking Conference. The CBI stated clearly in that presentation to these banks, that the CBI’s intent… “Achieve stability in the exchange rate of the Iraqi dinar in the context of a flexible exchange rate system orbit.”
5-4-2013 Newshound Guru Tlar Do I detect a crack or an opening in the free float theory? If it does come out at .86 or $1 to the US dollar I think for at least a year it will be a controlled float. I think they will want to defend the exchange for a while to make sure it holds. If they were to go to a free float, it might go up immediately but it also could go down immediately. Most likely it would be volatile with speculators making bets on both sides of the currency. I think they would be risking the economy to go to a straight free float.
5-4-2013 Newshound Guru Tlar The original plan makes reference to this and suggests, if they drop the zeros to hold the value through a controlled float for 2 years before going to a free float or at least until the value has set in. I think everyone knows by now I’ve never been on the fence on this. I think they will drop the zeros and defend the currency for a period, then go to a free float once the currency is nationally recognized as a one dollar/.86 currency. My best guess is .86 based on two different articles. The first article was “removing the leading zeros”. The second is the one that references the new value being “close to the dollar”.
5-4-2013 Newshound/Intel Guru BGG Article: “Hashemi: Maliki commissioned a U.S. legal firm to protect him after his fall” Why in the world would Maliki hire a US law firm if he had nothing to be worried about?? What does he know that’s coming that we don’t?? Hmmmmm…
5-3-2013 Newshound Guru Enorrste Article: “Parliamentary: the process of switching the currency when you delete the three zeroes which do not need to legislate law” This is very good news because, once again, a LOP would not fit into the article well, or at all. Clearly contracts will have to be adjusted. The issue that is still muddled, however, is that if the exchange rate regime moves to a free float, how would the contracts be adjusted? On the other hand, if the rate goes directly to 1 to 1 (a gain of 1000 times), then as someone posted…it would be simple to say “take 3 zeros off the debt” and that would solve it. Having said that, it would not surprise me to see the opening rate at 1 dinar to $1 and then a free float from there onward. This runs counter to what we were told by the facilitator, so we will have to see whether he was accurately informed or not. Time will tell.
5-3-2013 Newshound Guru Mountainman Parliament seems to be pretty busy lately signing Erbil terms, working on the HCL and amending the Accountability & Justice law. Good to see them actually accomplishing something rather than dispersing for lack of quorum.
5-3-2013 Newshound Guru Adam Montana [Article: “Agreed that Prime Minister Nuri al-Maliki and President of the Kurdistan Regional Government Nechirvan Barzani, on Monday, to pass important laws that have the effect active in resolving the “outstanding issues” between the two parties, such as oil and gas law, and give the security side “of particular importance in all parts of Iraq, as agreed continue meetings to resolve all issues.” Oil & Gas law almost done. Good news or great news, and your thoughts?] IMO – GREAT news! Add that to the positive articles we’ve seen this week, and I am really excited for the coming days and weeks.
5-3-2013 Intel/Newshound Guru Poppy3 OK ONE ANGLE OF MY VIEW OF WHAT MAY BE HAPPENING. WE SEE THE ARTICLE THAT MALIKI HAS HIRED A USA LAW FIRM TO REPRESENT HIM ONCE HE IS OUT OF POWER. THEN WE HAVE HIM CO-OPERATING AND SIGNING THE AGREEMENT WITH KURDIS LEADER BARZANI THEN WE HAVE SADR AND ALL THE CLERIC LEADERS CALLING FOR HIM REMOVAL, EXECUTION, JIHAD AGAINST HIM. WOW HE IS IN SOME VERY HOT BOILING WATER. HE MAY BE CO-OPERATING BECAUSE HE HAS BEEN FINALLY CORNERED AND PLACED IN A POSITION TO HONOR HIS WORD AND FOLLOW THROUGH JUST TO TRY AND SAVE HIMSELF FROM DEATH AND NOT JUST TRY AND RETAIN HIS POWER. THESE ARE JUST SOME OF MY THOUGHTS AT THIS JUNCTION AND I SEE EVERYTHING BEING SAID AS POSITIVE FOR ALL OF US.
5-3-2013 Intel/Newshound Guru Poppy3 THIS THING CAN HAPPEN VERY FAST COMPARED TO THE WAY IT HAS BEEN MOVING. BGG MADE A VERY GOOD STATEMENT…HE SAID IF APRIL FIRST WAS THE DATE LAST MONTH IT WAS SET TO RV LIKE EVERYONE THOUGHT AND PREPARED FOR THEN HOW CAN WE BE FAR FROM THAT POSITION NOW BECAUSE ALL THAT HAS CHANGED IS MALIKI IS NOW PLAYING BALL. VERY INTERESTING. POPPY3
5-3-2013 Intel Guru OCrush This is the latest! The cabinet had there session yesterday (FULL). They worked on the seven points that were agreed upon (tweeked them) and had them signed with Maliki, Barzani and the CoM:) The next step is to implement them at the parliamentary session! They finally agreed to the oil and gas law (from 2008) to share the oil wealth with all the Iraqi people:) Now they need to pass it (parliament).
5-3-2013 Intel Guru OCrush They also agreed to ratify the 2013 budget to include the actual payment to the oil companies and pershimega. They could do this because the budget was truly never opened. The ratification of the budget lines need to be voted upon, not the whole budget;) They were using the Japanese money (emergency funds) to keep the GOI going. The cabinet completed there task now its up to parliament. There are also some smart people in Iraq to figure out the debt conversion to there citizens. There is a law that needs to be ratified to make it legal once the conversion is put in place.
5-3-2013 Intel Guru OCrush The CBI can legally RV the dinars, but the parliament holds the key to set the law to release the LD’s and to set the law to monitor and destroy the dinars we hold. Without these laws being put in place, the CBI has to wait. I have no doubt this will get done after the parliament passes the ratified laws brought forward by the cabinet, which they already approved. This is getting exciting and I hope this helps.
5-3-2013 Newshound/Intel Guru Randy Koonce This has been ready to go since December. All things are done in Iraq. It’s just a matter of when our government wants it to go. Even though Iraq will pull the trigger, they still have to have the U. S. say, OK, we will allow you to do this. Why? Because the U. S. still runs Iraq. Everything was ready to go at the end of March. They actually got to the point of inserting the numbers. They went to calibrate the numbers & it didn’t work. When they fixed the problem the Prime Minister came out and said we have been asked to wait.
5-3-2013 Newshound/Intel Guru Randy Koonce The reason is the debt ceiling, that is the fight. That is where we sit. So, I don’t see anything happening until the end of May, our window is the end of May until August. The way the debt ceiling is set up, it comes to May 19th, they get an automatic extension that goes to August. There’s your window. Can it go past August? I don’t think so. Will it happen this year? IMO, 100% Yes. So that is where we are sitting.
5-3-2013 Newshound Guru Breitling Let’s say an article comes out for Chapter 7, like the Kuwaitis change their minds. It doesn’t matter. They have already pulled that trigger & they can’t pull that bullet back. They are already dedollarizing. Whether there is a conflict, an election…who’s going to win, who’s going to loose, they’ve already pulled that trigger, they are dedollarizing. That will give you an idea of where we are at. That should make you very happy.
5-3-2013 Newshound Guru Adam Montana [Out of all the ‘things’ that need to happen in order for an RV to take place, please prioritize #’s 1, 2 and 3…in your opinion, of course] 1. HCL 2. Chapter 7 3. Push the button.
5-3-2013 Intel/Newshound Guru Poppy3 o [Obama] regardless of who says what cannot do squat about when the RV will or won’t happen. The other things is the 1 to 1 prediction. Listen people have said this over and over and every couple months they have gone from .86 cents to 7.00 dollar to 1 to 1 to $3.42 etc etc. and yet not one has had one fact to base their opinions on that come from any source that is connected to the CBI. The only official word on rate that came from a official source stated the rate is approved from $3.22 to $3.86 and that was in 2010 and not one word from any official source has ever said anything different. WE ARE IN A WINNING POSITION AND IT MAY BE TAKING LONGER THAN WE LIKE BUT RICH FRIENDS IT IS GOING TO BE AWESOME. POPPY3
5-2-2013 Intel Guru Okie_Oil_Man I AM WORKING ON INTEL–WE MAY WAKE UP TO A VERY BRIGHT DAY TOMMOROW.
5-2-2013 Intel Guru Frank26 Worry if You see SBA extended By IMF. Worry not when You see DFI protected…By USA. Especially if it is about to explode in value. Trust me USA wants to get paid too now that Kurds are Happy.
5-2-2013 Intel Guru Bear5642 unfortunately I have not been able to get through to him [Iraqi contact] today. I will try one more time tomorrow. I did get the you tube video translated about the 3 zeros and he said it was a great video and said they plan on increasing the value of the IQD. He said it also stated the economy in Iraq is booming…he said they told the people it must be done immediately or there will be a civil war…those were his words.