Iraqi Dinar Guru opinions. 9-6-2013
Iraqi Dinar Guru opinions. 9-6-2013
9-6-2013 Newshound Guru Kaperoni Article: “Calls for economic reforms before you start deleting zeros currency” As we have stated several times, we believe this is a two part process. Part one is to raise the value of the dinar, then part two is delete the zeros which is nothing more than a declaration (and implementation of the Law of Indebitness) and new currency. Part two has nothing to do with us and we dont care. Therefore, IMO if they say they will delete the zeros early next year, then the raising of the value must come first. Which we believe is a float. Time will tell.
9-6-2013 Newshound Guru Kaperoni My concern at this point is the upcoming elections. Maliki would never want to give value to the dinar before an election IMO unless it benefits him. By doing so, he is giving his rivals money to campaign against him. I hope I am wrong, but he may very well try to keep the dinar weak until after the elections…but only if he knows he will win. I don’t think he can win without giving value to the dinar at this point.
9-6-2013 Newshound Guru Adam Montana [do you believe we will only have 30 days for currency exchange?] I don’t think a 30 day window would be adequate, and to my knowledge 90 days is the shortest window ever given.
9-6-2013 Newshound/Intel Guru BGG We are soooooo tied in to thinking we can completely figure this thing out with simple, linear, logic…and the truth is – the inner meanderings are fairly complex.
9-6-2013 Intel Guru 12thMan Received a call early this morning from our UST contact. Not from the HR but the UST contact. He stated that the info he gave us last week was real but off by a week. Simply saying, this Fri-Sat or Sat-Sun. He is right in the mix of it all and has put himself on the line to help us good oh down to earth people.
9-6-2013 Newshound Guru Med THOUGH IT TOOK FOREVER FOR THEM TO REALIZE IT THEY NEED TO BRING IN INVESTMENT MONEY AND FROM ALL THE ARTICLES THAT HAVE BEEN COMING OUT ALL SUMMER IT REALLY LOOKS LIKE TO ME JAN – MAR 2014 FOR THE DELETION OF ZERO’S. IT IS ALWAYS IN THE BACK OF MY MIND THE COMPLAINT BY IRAQI’S – WHY ISNT THE DINAR MOVING AND I JUST CANT SEE THEM MAKING A MAJOR JUMP WITHOUT EASING INTO IT BEFORE THE ZERO’S ARE DELETED.
9-5-2013 Intel Guru Dinarmaven There are multiple confirmations of live rates on screens tonight. If you like the idea of Plan A, then I guess you will be happy with a $23+ rate. This to me is still crazy, but I’ll take it. (Somebody will have to explain the economics of this rate and how it effects Iraq long term.) This might still be a placeholder… Secondly, (and I heard this from sources other than Tony) The delays and discussions amongst certain agencies today are over and we have green lights newly lit on our path. So take all this to be an additional confirmation of what we are already hearing tonight. This ball is dangling so close to the edge of the cup that just a smile could push it in. It’s a great reason to be SMILING!
9-5-2013 Intel Guru WILDDUCK THINGS COULD GET INTERESTING LATER THIS EVENING. HEARING LOTS OF STUFF YET TO BE CONFIRMED. [Can you say what part of the process we are in now?] CHEST OUT AND TRYING TO BREAK THE TAPE AT THE FINISH LINE, KNOW MORE LATER THIS EVENING.
9-5-2013 Intel Guru TNT Tony There was a little delay in the planned event. I was given a time, there was a timer placed on it and it timed out. There is currently no timer, rates are live and the little delay between the two three letter guys has been resolved. The rates are the ones you have been looking for and the PTB has now authorized the agencies in D.C. to talk openly about the rates and the event. Enjoy your night, it may be the last chance you have for peace and quiet for some time to come. PS…The Oct 2 date from Wells Fargo has nothing to do with the R.V.
9-5-2013 Newshound Guru Mailman17 COUPLE YEARS AGO, I STRESSED THAT IRAQS PHOSPHORUS RESERVES WOULD PLAY A KEY FACTOR IN THE END. LO AND BEHOLD, AN ARTICLE COMES OUT A FEW DAYS AGO PERTAINING TO JUST THAT. THEY ARE PHYSICALLY MINING AND EXPORTING PHOSPHORUS. SOME MIGHT SAY SO WHAT. WHEN THAT ARTICLE CAME OUT A COUPLE YEARS AGO, WE ALREADY KNEW THE WORLDS RESERVE FOR PHOSPHORUS WERE DOWN TO 15%. IRAQ HAS ENOUGH TO BRING THAT TOTAL UP TO 100%, AND THAT IS WHAT THE IMF WAS LOOKING FOR, AN EXPORT OTHER THAN OIL AND GAS.
9-5-2013 Newshound Guru Mailman17 AN EXPORT THAT IS USED IN MEDICINE, MAKING STEEL AND QUITE A FEW OTHER NECESSITIES IN LIFE. AND IRAQ HAS THE MARKET ON THAT PARTICULAR SUBSTANCE. IN ESSENCE, PHOSPHORUS WILL BE THEIR MOST IMPORTANT EXPORT BECAUSE THEY PRETTY MUCH OWN THE MONOPOLY OF IT. THIS IN ITSELF SHOULD BE ENOUGH FOR THEM TO MOVE TO ART 8. THEY HAVE A COMMODITY THE WORLD NEEDS. JMHO
9-5-2013 Intel/Newshound Guru Poppy3 LOTS AND LOTS OF TALK ABOUT DELETING THE 3 ZERO MONEY — THIS IS VERY EXCELLENT BECAUSE TO BRING IN ALL THE 3 ZERO MONEY THEY HAVE TO SET A HIGHER RATE AND TO BE PREPARED TO RELEASE ALL THE LOWER DENOMS AND THEY TALK LIKE ALL THIS WILL BE COMPLETED BY JULY 2014. THAT MEANS YOU AND I WILL HAVE RECEIVED OUR CASH LONG BEFORE THEM [THEN?] IF I UNDERSTAND WHAT IS BEING SAID.
9-5-2013 Intel/Newshound Guru Poppy3 I POSTED YESTERDAY THAT I WAS INFORMED THAT THE IMF, UNSC LEGAL TEAM HAVE COMPLETED THEIR REVIEW OF THE LAWS CONCERNING THE IMF FORCING THE RV ON IRAQ. NOW WHEN WILL THEIR FINDING BE PRESENTED AND IF AND WHEN WILL THEY ACT TO GET THE RV COMPLETED. TIME WILL SURELY BE SHORT NOW.
9-5-2013 Intel Guru Okie_Oil_Man I AM VERY HOPEFUL AND ANTICIPATING THE INFORMATION THAT IS SUPPOSED TO BE FORTHCOMING TODAY. THAT WILL BE THE END OF THE STORY (I HOPE). I CANNOT SCREEN A CALL BECAUSE OF THE IMPORTANCE OF THE CONTENT OF THE INFORMATION RECEIVED. WE, INCLUDING MYSELF—IS ONLY 1 PHONE CALL FROM A MIRACLE. RATES POSTED PRESENTLY IS NEARLY UNBELIEVABLE–WHETHER IT REMAINS AT THAT NUMBER IS UNKNOWN AT THIS TIME–BUT IT IS GREAT IF IT DOES.
9-5-2013 Newshound Guru Tlar Article: “Calls for economic reforms before you start deleting zeros currency” Exactly 118 days until January. Loosing time enough for a float especially if the next years budget, 2014, is truly based on 1.16 dinars per US dollar as has been told to us twice probably by loose lips members of the finance committee. IMO deletion of the zeros is not a process. It is an actual event and has been since December 2012, or just a little before. Turki most likely already knows what date he will delete the zeros and we know he is not participating in the public debate on whether or not to go or hold. Very strange for the acting governor of the institution that is responsible for making this decision.
9-5-2013 Newshound Guru Tlar Think of it this way. No matter who wants to get it done the CBI can always reject it. If Turki is ready to go, no person or parliamentary organization can stop him legally. This is a controlled process in my opinion and Turki is closely working and being advised by the IMF and our Treasury. We will probably never know the reasons for the hold up. Maybe its timing, maybe its technical or geopolitical, or even as simple as wanting to start at the beginning of a quarter or year as in October 1st or January 1st. No matter what the reason, this is not a happenstance project that is still being decided.
9-5-2013 Newshound Guru Tlar IMO the CBI has planned for this since 2007 and is in control. It has made the decision to go on a specific date that they feel comfortable with and not before and are cautionary not to repeat the past by fighting the government. Remember, last year the IMF said they would support and back the CBI in this endeavor meaning both technically and financially. They said that when we know the project as we understood it was to delete the zeros in one felled swoop. They are still there saying they will support the CBI in their effort to delete the zeros.. IMO we are trying to figure the when part of this equation, as I personally believe they have given us the how much side.
9-5-2013 Newshound Guru Adam Montana [Do you think it is required for Shabibi to come back in order for the RV to finally happen? Have you heard anything on the HCL?] No real big movement on the HCL this week, and I don’t think Shabibi is a major factor for us anymore.
9-5-2013 Newshound Guru Kaperoni Article: “Deputy: improve the value of the dinar against the dollar will bring international companies to invest in the country” Good stuff. This quote is far too good…”the increase in the value of the dinar against foreign currencies will give a positive sign for the national economy, and this is what will spur international companies to enter the Iraqi environment for business and investment.” Exactly. How many companies will come if they don’t raise the value?
9-5-2013 Newshound/Intel Guru BGG [Do u think attacking Syria will affect the Rv?] I doubt it. This is an Iraq event – not Syrian.
Guru Critic, I disagree, an article came out today stating that Iran have told their insurgents in Iraq to “attack” American interests in Iraq if we take military action against Syria. This will certainly spill over into Iraq and neighboring countries. Will it affect monetary policy? Who knows.
9-5-2013 Intel Guru Okie_Oil_Man IF YOU REMEMBER A FEW DAY’S AGO I ADDRESSED THE GOLD CERTIFICATES BEING ISSUED AND THE USA RECEIVING THEIR PROPORTIONAL SHARE. INFORMATION RECEIVED DURING THE NIGHT STATED THE CERTIFICATES TO FUND OUR BLESSING WAS ACTIVATED.
9-5-2013 Intel Guru Okie_Oil_Man ALL OF THIS LEAD’S US TO BELIEVE THE IMMINENCE OF THE R/V—-C/E IS UPON US. I WAS INFORMED THAT LAST NIGHT THE RELEASE FOR US WAS TO HAVE OCCURRED. I UNDERSTAND OF A MINOR GLITCH IN THE IMF ASPECT OF THIS TRANSACTION OCCURRED, BUT NOW IS FIXED. I AWAIT FURTHER INFORMATION TODAY OF RELEVANCE OF OUR POSITION TIME WISE.