Iraqi Dinar Guru predictions/guesses! 5-8-2013
Iraqi Dinar Guru predictions/guesses! 5-8-2013
5-8-2013 Intel/Newshound Guru Poppy3 IN ADDRESS TO ALL THE CRAZY RUMORS OF AN .86 CENT RATE AND ALL THE POST SAYING IT WILL FLOAT?? SOME EVEN…TRY AND SAY LOP AGAIN WELL HERE IS MY REPLY TO THOSE POSTS. BE YOUR OWN JUDGE. THIS IS ALL BOLONY.—– NOT ONE OFFICIAL WORD EVER SAID FROM ANYONE IN THE CBI EVER SUGGESTING A FLOAT. NEVER MENTIONED FROM ANYONE OFFICIAL ABOUT .86 CENTS ALL DEEP BULL. .86 WILL NOT FULLFILL THEIR BUDGET PERIOD AND IT WILL NOT DE-DOLLARIZE THEIR COUNTRY. POPPY3
5-8-2013 Intel/Newshound Guru Poppy3 THE RV IS CLOSER WE JUST NEED A FEW MORE EXPOSED NEWS TO SEE THEM MOVE EVEN CLOSER. I AM CONCERNED WITH WHAT MALIKI WILL DO THE REST OF THIS WEEK OR WHAT THEY MAY DO TO HIM. TIME WILL TELL…IT IS SOUNDING VERY PROMISING TO ME…POPPY3
5-8-2013 Guru Critic, the .86 rate is supported by several articles/statements from the CBI. by “omit the leading zero’s” that leaves a rate of .8576, just shy of .86. It has also been stated that they want a 1 to 1 rate and according to the feasibility study by the MOP could sustain a rate at $1.134.
5-8-2013 Newshound Guru Adam Montana There isn’t anything we can really put our fingers on at this time… things are pretty steady with no real huge breakthroughs… but the buzz is definitely getting strong. There is a TON of rumors right now about July, and although I don’t like to put too much stock in rumors… in the past we have seen significant moves shortly after this kind of situation. Iraq is still going in the right direction, so I’m just going to keep hanging on.
5-8-2013 Newshound/Intel Guru Flashing Article: “Central bank: the deficit in the current year budget is not illusory but planned” AMONG OTHER THINGS, THESE ARTICLES GIVE US A CLEAR PICTURE OF HOW SOLID OUR INVESTMENT IS AND HOW CLOSE IRAQ IS TO RETURNING TO IT’S PREVIOUS INTERNATIONAL STATUS. BE HAPPY, CONFIDENT AND PLEASE STAY GROUNDED. IT IS UPON US…
5-7-2013 Intel Guru Okie_Oil_Man THIS IS A WORLD WIDE EVENT. MAKES NO DIFFERENCE WHERE IN THE WORLD YOUR LOCATED THIS WILL OCCUR GLOBALLY AND BE ACTIVE WORLD WIDE—THERE ARE ABOUT 25 CURRENCIES TO BE RELEASED AT THE SAME TIME.
5-7-2013 Newshound/Intel Guru Randy Koonce Just dropping a note to say it did not RV check the www.cbi.iq it will change there. Do not believe the basil 3 stuff and the tier…Nothing will take place till the END OF MAY at the Earliest. Follow the Debt ceiling battle it starts on the 19th. There is no Flashing screen, it is not coming out at .86 that was a bad translation that has screwed up a lot of folks and made the RV ride difficult…If something changes I will let out an note.
5-7-2013 Intel Guru TerryK, Terrence Keller I’M GETTING THE INTEL I’M GETTING FROM THE IMF AND THE UST NOT TO MENTION THE OTHER SOURCES. NOT TO MENTION THAT LEW, LU, WU AND CL ARE ON A PLANE TO DC RIGHT NOW FROM THE WEST COAST AND WHY THERE IS A BIG POW WOW TONIGHT AT THE UN. I HAVE TONS OF STUFF TODAY THAT POINTS TO THIS GOING DOWN THIS WEEK. WHAT I WAS TOLD THE SO CALLED BUTTON HAS BEEN PUSHED AND WE ARE TO SEE THIS BETWEEN WED NIGHT AND THURSDAY NIGHT. [hearing any rates on dong] 2.42. THE IQD IS WAY NUTS UP THERE.<–BULLCRAP! TK has NO sources!
5-7-2013 Newshound Guru Kaperoni Article: “Print dinar universal security specifications will strengthen the confidence indicators in local currency” the IMF…did not ask them [Iraq] to RV the dinar..they asked them to chose an “exchange regime.” There are only three choices for an exchange regime..free float, managed float, or pegged. The reason they will come out low is there is 6-10 trillion dinar that needs to be accounted for outside Iraq. Iraq cannot fund a RV at 1 to $1 with that much dinar and no central bank is going to buy the Iraqi dinar at that rate taking the risk that it would fail.
5-7-2013 Newshound Guru Kaperoni The only way that can occur is if the world (investors/central banks, etc) drives up that rate over time via a float and supply/demand in essence funding the rise in the value of the dinar. In essence making our dinar, a reserve currency held in central banks around the world (as Saleh stated). The incentive for Iraqi’s is that the dinar is gaining purchasing power over the current rate. Some may ignore the incremental rise and choose to continue to use USD for daily transactions, but that will change once the dinar is worth more than the dollar. Keep in mind most Iraqi’s use the dollar now.
5-7-2013 Newshound Guru LoriC Although there is clearly still much work to be done, the GOI appears to be making progress…Progress may be slow but progress none less appears to be the latest trend which is encouraging that they are moving in the right direction. Time will tell but imo the atmosphere of late has drastically improved from the years past. Considering the Erbil points, HCL, Article 140 among other relative issues finally being addressed.
5-7-2013 Newshound Guru LoriC there is still much work to be done before the power sharing and stability will be acceptable to implement the necessary currency reforms. We are moving in that direction though. So, as investors, things seem to be turning in our favor. My opinion on this matter comes from much of what we’ve witnessed over the past couple weeks.
5-7-2013 Newshound Guru Mountainman I may be interpreting this wrong but it appears that before the IQD can raise in value to an internationally acceptable level, the restrictions imposed by Chapter VII must be lifted. The good news is that Foreign Minister Zebari and the UN Secretary-General appear to have reached and agreement on this matter and are moving toward a path that will liberate Iraq from the remaining provisions that have delayed the reforms thus far.