Iraqi Dinar Guru predictions/guesses! 6-11-2013
Iraqi Dinar Guru predictions/guesses! 6-11-2013
6-11-2013 Newshound Guru SWFloridaGuy We regret to inform the community that SWFloridaGuy passed away in his sleep last night. SWFloridaGuy brought a great voice and perspective to this investment and he helped a lot of people by shedding a light on a complex subject. This is a great loss. Our thoughts and prayers are with his family. He will be missed.
6-11-2013 Guru Critic, I want to add that I met Dan aka SWFloridaGuy in Chicago just a few months ago, this comes as a complete shock to me as he was in great health, far to young, with no apparent medical issues, he will indeed be missed…Gods speed Dan, RIP. I will make some calls to confirm this and see if I can answer some questions about his passing.
6-11-2013 Newshound Guru Breitling Article quote: “Since April the dinar has lost value…” The idea that the dinar has lost value because of sectarian violence is complete garbage. The CBI calculated what’s going on & they know what’s at risk. They are getting rid of the USD so they can add value to the dinar, that’s why it’s losing it’s value. It’s got to go through that process. They have to do it correctly. I can’t figure out why they put out these articles. Maybe they just don’t get it.
6-11-2013 Newshound/Intel Guru Eagle1 We’ve talked about the reinstatement of the IQD being part of this first basket, and people have asked how in the world the IMF can go from a program rate to a reinstatement of its original value to an international release without first doing a redenomination in country. The question misses the fact that all of these events can happen virtually instantaneously… the “authors of the plan” knew that a swift and systematic process would result in the lifting of the sanctions and bring the rate to a tradeable and functioning position in country.
6-11-2013 Newshound/Intel Guru Eagle1 The point here is that the IQD/IQN is doing all of these things at the same time. Let me spell it out: (1) The three zeroes get lifted. (2) The IQD gets redenominated at 1:1 in country. (3) The IQN (the newly reinstated Iraqi Dinar) is then released to the rest of the world for trading as part of this first basket of currencies. These events can either flow sequentially over a period of hours or a few days, or they can flow seamlessly as a single event.
6-11-2013 Newshound/Intel Guru Eagle1 It is critical to all of us to look beyond Iraq and the political events taking place there. It is also important not to place excessive weight on the in-country violence. Without minimizing what is taking place in Iraq, let me see if I can say it like this. The Dinar plays an important role in what is unfolding, but it is almost insignificant in terms of the global picture. We have a total of 198 currencies being restructured. The IQD/IQN is a lynchpin in this.
6-11-2013 Newshound/Intel Guru Eagle1 What all my sources tell me is that we are holding pretty firm to the values for the IQD/IQN, the VND, and the IDR as they are released internationally. I won’t post those rates here, but suffice it to say that we are in for a blessing! Most of these currencies are coming out at rates that will surprise a lot of folks!
6-11-2013 Newshound Guru Kaperoni Article: “The Iraqi Government formed a Committee to set the value of the Iraqi dinar” I hope this is a good thing, but when I read an article that starts out…”The Iraqi Government…” it makes me wonder how much Maliki is involved. This may be what we were also looking for as we know the CBI needs help to move forward with monetary change. The Minister of Finance (MoF) and the Minister of Planning (MoP) would be entities that would be involved in monetary change. The more I look at that third paragraph even know it’s strangely written the reference to gold and other foreign currencies seems to imply in a strange way that the dinar will be internationally tradable.
6-10-2013 Intel Guru Jester WE ARE WATCHING CURRENCIES MOVE QUITE A BIT AGAIN TODAY… WHAT WE HAVE SO FAR ON THAT IS 27 CURRENCIES THAT HAVE MADE AT LEAST A ½% MOVE… 16 MORE THAN 1%… AND 2 MORE THAN 2%… THESE ARE UNUSUALLY LARGE MOVES IN THE CURRENCY MARKET BY COMPARISON… BIG MOVES IN THE CURRENCY MARKET CONTINUE TO MEAN THAT SOMETHING SIGNIFICANT IS HAPPENING… THE DOLLAR IS UP AGAINST ALMOST EVERYTHING… ONLY DOWN AGAINST 6 CURRENCIES SO FAR.. NOTHING SIGNIFICANT ON THE DOWNSIDE…
6-10-2013 Intel Guru Jester WE FEEL THAT THESE MOVEMENTS INDICATE THAT THESE CURRENCIES ARE TRYING TO GET TO THEIR PREDICTED OR PRESET VALUES BY ADDING TO THEIR ASSETS OF GOLD AND RESOURCES… THAT IS WHAT WE ARE SEEING… THEY ARE SHORING UP THEIR CURRENCIES… WE FEEL THEY HAVE A SET POINT THEY ARE SHOOTING FOR TO GET READY FOR THE FINAL SHOW… I WILL TELL YOU IS THAT I DO BELIEVE IT IS VERY CLOSE…THE JUGGERNAUGHT IS MOVING AT A HIGH RATE OF SPEED… AND IN YOUR DIRECTION.
6-10-2013 Intel Guru Frank26 You are about to WAKE up to a new world of currencies. I am here to tell You Iraq needs to do what ch7 wants of her via the AoP…IMF…WB and UST. I am here to tell You they have are and will continue to do all of these things as they have been doing this year with impressive speed compared to the past. I am here to tell You IMO…The GOI/M have to finish their meetings with the Kurds because KW is on stand by. In other words…The work needed to RV is ALL DONE!!! We gave permission via art 4 of IMF. Now…We wait. And wait. Then wait some more. Nanoseconds to Nanosecond.
6-10-2013 Newshound Guru Kaperoni Article quote: the move from Chapter VII to Chapter VI …”this step will liberate the country economically and attract investors and return it as a normal state as the rest of the world” It seems rather obvious that Iraq wants chapter 7 before the currency will change. IMO, you cannot liberate the country economically and attract investors unless the dinar is internationally recognized and convertible (also stated as “freedom of movement of exchange”). Articles everyday talk about the lack of investment. As so many have said, it appears these events will occur around the same period of time. Which appears to be sometime in July.
6-10-2013 Intel Guru OCrush This meeting that took place with Maliki, Barzani, Nujaifi, Zebari and many more set the ball in motion. It took a while for the commissioned individuals to get the legislation of the 7 points completed. This Erbil meeting that took place was the stamp of approval of this legislation and the go ahead. Now here comes the fun part. A few days ago Zebari (Iraq’s Foreign Minister similar to our Kerry) attended a ceremonial meeting with the Emir, PM and many high profile Kuwaiti Shieks and delegates to sign MOU’$.
6-10-2013 Intel Guru OCrush Look at these Mou’s as Trust Funds, monies to be transferred into for the remainder of the payments to the Kuwaitis (about 11 billion). Another privilage that the Kuwaitis will have are investment contracts…to keep the brotherly love;) The removal of Chapter vii is next but they need to do it in a celebratorial way (we do have questions on that….think chicken or the egg) but at this point we are setting our eyes to the RV. The M of Education is in charge of this celebration (not the one that gave honorary recognition) and it will take place at the University of Baghdad.
6-10-2013 Intel Guru Jester the security is high right now… still looking for certain events to happen… scheduled and rescheduled now… let hope it goes off this time…they are working on it 24/7… timing is important… i know it seems as if another weekend has come and gone…but i can assure you that plenty has been done… that makes us that much closer to our goal… rest assured that the processing is moving along at a feverish pace and they are trying to get this thing completed… everything IS positive.