Iraqi Dinar Guru predictions/guesses! 5-19-2013
Iraqi Dinar Guru predictions/guesses! 5-19-2013
5-19-2013 Newshound Guru Med THERE ARE GOING TO HAVE TO BE SOME MAJOR CHANGES WITH THE CENTRAL BANK OR THEY WILL BE ENTERING A DANGER ZONE WITH THE EXCHANGE RATE AND REVERSE ALL THE POSITIVES BY SHABIBI. THEY ARE ENTERING AN ABYSS AND IT NEEDS STRAIGHTENING OUT IN MANY AREAS NOT JUST THAT BUT IT IS ONE. THEY HAVE NO ECONOMIC PLAN WHAT SO EVER TO PUT PEOPLE TO WORK, NO PRIVATE SECTOR DEVELOPMENT.
5-19-2013 Newshound Guru Med THEY ALSO MADE FRIENDS WITH THE WRONG PEOPLE AND FOR ONE REASON ONLY TO KEEP POWER EVEN IF FOR ONLY A FEW MONTHS, SYRIA AND IRAN. NEXT WE HAVE THE ALL INCLUSIVE GOVT…IT NEEDS TO GO TO A MAJORITY. MALIKI AND ALLAWI…BOTH ARE DESTROYING THE COUNTRY. AND LAST IS THE AUCTIONS. I WOULD SAY THE FASTEST WAY TO CURE THE DECLINING RATE – STOP THE AUCTIONS, MAKE IT SCARCE. [it’s about time they start working for the people in stead of abusing them] I FEAR THOUGH WE WONT SEE A REVELATION.
5-19-2013 Newshound/Intel Guru Flashing I will follow the visit of the KPM which have been postponed several times because of security concerns. just ask yourself, why this time the KPM has received a death threat? May 22 was relevant as long as the immunity would be lifted. Since it was renewed this date has no added value for our purposes. However the international status of Iraq have been improving every single day which give us a hint that it is almost over. recently they were accepted at UN and yesterday Iraq regains high posts in Arab League after more than 20 years.
5-19-2013 Newshound/Intel Guru Flashing LET ME MAKE CLEAR THAT SOME SECURITY MEASURES HAVE BEEN AND WILL PUT IN PLACE IN IRAQ BEFORE THEY RV THEIR CURRENCY. SECURITY WAS ONE OF THE REASONS WHY THE IMMUNITY WAS EXTENDED. JUST KEEP THE FAITH AND BE CONFIDENT. IT IS ALMOST OVER BASED ON RECENT DEVELOPMENTS.
5-19-2013 Intel Guru TD was able to confirm this afternoon that the meetings are going into the late hour (VERY GOOD NEWS !!) My Iraqi PTB contact was asked (Friday night) to make a special trip to Baghdad this Saturday morning and officials from the IMF and others shuffled back to Iraq. There is a REAL sense of Urgency!!! Iraq as I reported before has been holding off on this in order to pay less to the world.
5-19-2013 Intel Guru TD Creative financing options by the other side ( IMF, USA, others ) are now proposing easing the Iraqi burden by putting NEW prices of oil (redemption rates) as well as other abundant Iraqi assets to pay for the RV. Commodities vary according to different countries needs. Evidently Iraq is VERY INTERESTED in this approach. The calculators are burning up with numbers being crunched as we speak. Our chances of an agreement this weekend is improving by each passing hour that all these people are at the table!!
5-19-2013 Intel Guru TD Couple other items heavily favoring a positive outcome : a) Inside Iraqi turmoil : citizens are fed up and want a better life. Serious riots are possible. b) Maliki is no longer in any state of being to keep playing hardball. c) Obama has several scandals here at home to deal with and is looking for an outlet of release of pressure. This weekend is (to date) our best chance of a deal being struck AND getting BOTH Signatures to sign off on it. The way I was told couple times before is that deals were basically done but either Maliki, CL or Obama wouldn’t sign off on it. Things NOW are much different! Well, there U have it.
5-18-2013 Intel/Newshound Guru Poppy3 I WAS TOLD VN IS MEETING WITH BANKING LEADERS NEXT WEEK FROM THE MAJOR BANK CHAINS IN CHINA. WE WILL HAVE TO WAIT FOR THAT REPORT TO KNOW WHERE THAT STANDS I HOPE AND THEY DO ALSO THAT THE RESULTS OF THE MEETING IS MADE AVAILABLE. POPPY3
5-18-2013 Newshound Guru Bondlady on 5/16/13 cbi makes an announcement…it’s in a pdf and arabic…but if the title is true then they are flooding the streets IMO with USD and its the end, its going to pull in all or the last or as much as possible of the remaining dinar on the streets. the CBI has been holding extra auctions and they are pulling in more and more dinar. This could go on for weeks as they need to dry the dinar up in the middle east 1st, then they can change the rates and bring out the ld’s. No one knows when the CBI will do it, no one at all, but this, if I’m right, it’s a genius move by the CBI, they have done everything to make the people hate the dinar…to making sure they loved the usd and would buy the dollar and use their dinar to do it.
5-18-2013 Newshound Guru Bondlady There’s only one way out here, when the time comes they have to make the dinar so beautiful and coveted…that they won’t want to use and buy the dollar…if they raised the rate to 50 cents, they would still go buy usd. Only one way, one solution, they have to make the dinar at least 1-1 or more…so IMO, were at the last few miles of this road were on, can’t say how long it is, no one knows…to me this is all great and you have to look beyond the bs and see the plan. If I’m right about all this we should see it soon…this is extremely positive news for us.
5-18-2013 Intel Guru TD AS intel providers reported a few days back about a whole group of currencies in a basket changing values and indeed the IQD was also originally planned to be part of that group (and indeed the star player ). We know it hasn’t happened. Well, we are still at a impasse. Iraq is sticking to their demands of a low rate and LOP with anything high. Their proposed pay outs EVEN affect countries and high rollers. And as you can guess THEY (countries, high rollers) certainly aren’t happy about that. So the bickering and stalemate continues. Iraq has said they’ll consider any offers (to their liking) from now till start of Ramadan.
5-18-2013 Intel Guru TD Also, many people are wondering why the VND wasn’t in the basket of currencies either. Well the answer to that…by a Goldman Sachs executive in charge of Asian markets, says that Vietnam’s intention is of a low, manipulated currency (like neighbor China), for export/import reasons. He says NOT to expect any significant change in the VND anytime soon.