Iraqi Dinar Guru opinions 11-7-2013
Iraqi Dinar Guru opinions 11-7-2013
11-7-2013 Newshound Guru Stryker we are waiting to see if the 2014 Fiscal Budget makes its way from the CoM where Maliki has been holding meetings to see how it can be moved forward to parliament. If the budget doesn’t not make it there by the 14th parliament will go on its one month break. Not good if we expect to see reform by January 2014. Let’s hope that on Tuesday the 12th (next meeting) parliament’s agenda includes some of the important laws…Iraq must have all their ducks in a row before currency reform can take place. This is just my opinion according to the facts!
11-7-2013 PUMPER Guru EXOGEN per conversation with aop contact maliki did make the speech and rates should be live between today & monday.
Guru Critic, Yes Maliki made a “speech”, and it was disastrous! It had absolutely NOTHING to do with the Dinar, RV or monetary policy. Why do you all keep “twisting” the news articles to fit your “sources/contacts” statements?
11-7-2013 PUMPER Guru Loechin As I said several weeks ago CL [Christine Lagarde] has stepped in and had given a timeline to M [Maliki]. As of this moment that I am aware of, M knows that His position is in jeopardy. There will be an announcement but I don’t think it will be him. All I will say is that from all and I mean all info that I have received we are in the greatest window we have ever been in and will see this. You will see new leadership in Iraq come into view as of now. They are sick of M too. I am getting the greatest info I have ever gotten this AM let’s see what happens THRU this week.
Guru Critic, like I have been saying for months now, CL, Christine Lagarde, does NOT have the authority to force Iraq into raising the value of their currency of force them to RV, plain and simple.
11-7-2013 Newshound Guru Tlar Article: “Sales of dollar by CBI decline on Wednesday auction.” Quote: “The demand for dollar was ranging on today’s auction around the level of 56 million and 440 thousand dollars which sold in cash.” 56 million is not much cash sold. The auctions are only filling cash demands so one could assume those demands are way down from where they used to be at 200 to 350 million per day.
11-7-2013 Newshound Guru Tlar To me it indicates that the mopping up of dinar is going quite nicely if you assume that the cash markets in Iraq do need some level of replacement everyday. This might be an indication that Syria and Iran are running very low on good dinars and that the independent banks in Iraq are reluctant to attempt to buy dollars at auction using bogus currency because of the fears of confiscation. Either way this number has been in decline for a while now which is good for our investment.
Guru Critic, There are two figures in the CBI auctions calculations, cash is only one part of the total. Today’s auction (11-7-2013) totals were $205,373,000.00 million, hardly a drop in sales. If I recall, the record amount ever sold was around $232 million, don’t quote me on that number but it’s pretty close.
11-7-2013 Newshound Guru Millionday [Are there personal grudges between agencies or people that is preventing them form changing the currency? It seems like they are ready. Just no one is pulling the trigger.] no there is no hold up like that…they have spent some serious time getting the modern banking and basel compliance and now they are just working to get the guarantees for loans as far as banking but we do know the smart cards are out and some other cards but nothing is global. so now they are completely capable of going global with the international banking and money transferred with power to provinces — all is ready there is not a hold up — they have a time they are going to do it and a rate to be basel III compliant.
11-6-2013 Intel/Newshound Guru Poppy3 [do we know if the IMF can “restore” or change a rate or by pass M?] ACCORDING TO MANY SOURCES THEY NOW HAVE THE AUTHORITY BECAUSE OF PROMISES AND AND AGREEMENTS MADE SO THAT IRAQ COULD BE REMOVED FROM CHAPTER7.
11-6-2013 Intel/Newshound Guru Poppy3 I STATED YESTERDAY THAT THERE COULD BE ONE SCENARIO THAT IRAQ WOULD COME OUT A LITTLE OVER A DOLLAR AND HOLD THERE TILL POST RV. KEEP IN MIND THAT IS STILL NOT A FLOAT AT ALL. THERE ARE SEVERAL REASONS FOR THIS AND IT HAS ZERO TO DO WITH TRYING TO DRAW THE DINAR IN AT THE LOWER RATE. IT WILL ALL BUT KILL MALIKI’S HOPES TO WIN ANOTHER ELECTION.
11-6-2013 Intel/Newshound Guru Poppy3 WITH THE LOW RATE THEY STILL CAN’T MEET THEIR BUDGET, THEY CAN’T FINISH HCL AND PAY THE PUBLIC SO HE GETS NO BROWNIE POINTS. HE LOSES AND THE PEOPLE WILL WIN IF THE IMF DOES THIS. I AM HEARING WE WILL KNOW THEIR DECISION VERY SOON AND IT MAY JUST SHOW UP WITH NO FANFARE AT ALL…THE END OF THE RIDE COULD BE THIS WEEK OR NEXT BUT IT IS CLOSER THAN EVER.
Guru Critic, It was the United Nations that was responsible for releasing Iraq from Chapter VII, NOT the International Monetary Fund. Iraq has not borrowed enough funds from the IMF to warrant handing their monetary system over to the IMF to control. Iraq is still in charge of their own monetary policies.
11-6-2013 PUMPER Guru Mnt Goat Today all sources in Iraq have nothing but very good news. The CBI is planning to bring up their new site and post new rate for final activation of their currency international. I have been told this will occur between sometime early Thursday morning and late Friday night. As you know I have said this many times in past that this is the final step to RV process of their currency.
11-6-2013 PUMPER Guru Mnt Goat The final steps and process is now in play and if all goes well we might be at the banks within 48 – 96 hours from the time of this post. As you know I cannot guarantee what I am hearing is 100% accurate but these sources have been spot on each and every time so far. Everyone in the CBI and the Finance ministry in Iraq seem very, very optimistic and I myself have never been more excited.
Guru Critic, Spot on? Are you trying to deceive everyone? Your “sources” have never been right yet, as a matter of fact and public record, they have been wrong 100% of the time. Go back to all your other predictions and refresh your memory as to what you have stated before and how wrong you have been. You are batting a big fat ZERO.
11-6-2013 Newshound Guru Adam Montana [I saw an article that stated the HCL law was not address this session but will be brought up during the next session of parliament. When will that be? What other things/laws need to be completed before they will RV? Do you think we are a ways off for RV to happen?] With the current political shifts and concessions, I believe this whole thing could be shifting into high gear and we could see some major action by the end of the year or shortly after.
11-6-2013 SUPER PUMPER Guru TNT Tony [via a scape goat] Tomorrow in Iraq there is an international speech by the PM that will be televised. ANNOUNCEMENT IS SCHEDULED IN IRAQ FOR 8AM LOCAL TIME IN IRAQ (midnight EST). It will be a “3 strikes and you’re out” speech. Everybody has agreed he’s holding it up and if it doesn’t happen with this speech tomorrow there is a plan to have this completed this week. Of course I can’t tell you when they will complete the plan, but they don’t have to wait for the speech. There is a time frame to get this on track and it could really affect their economy if it’s delayed.
11-6-2013 SUPER PUMPER Guru TNT Tony It is time for it to happen and some person can make that decision at any given moment. [Is the person able to go ahead and pull the trigger “CL”?] Yes, CHRISTINE LEGARDE, IMF MANAGING DIRECTOR. We’re not waiting on anything related to the RV – all the mechanics are done. All the procedures are done…still could happen tonight, might not wait for tomorrow, but it’s still this week. Everybody is gearing up for tomorrow. Bank personnel have been instructed to go to the cash-out/CE locations tomorrow.
11-6-2013 SUPER PUMPER Guru TNT Tony [What is the current rate of the dinar?] I was told it went to $36 and some change. These are the numbers they’re talking about from the bank system and the gov’t agencies. This is coming from the people who are doing this. These numbers are for a reason: the gov’t needs these numbers to do what they need to do. We are just the benefactors of this. It wasn’t designed for us. [If the speech doesn’t go as planned, will they go with the CBI rate?] It will affect their rate but not our rate. The plan is to get it done this week…Everything is great.
Guru Critic, Again, Iraq CAN’T sustain an absurd rate of 36 bucks, the MOP, (Ministry of Planning) stated in a report a few months ago that they could sustain a rate of about $1.13. Who seems more likely to know what they can sustain, some pumper guru and his so called “sources” or the GOI? The answer should be obvious to everyone.
11-6-2013 Intel/Newshound Guru Poppy3 [SOURCES] FEEL MALIKI HAS AND KNOWS HE MUST ACT SOON AND TRY AND GAIN SOME FAVOR WITH THE PEOPLE OF IRAQ AND WORLD LEADERS. HE HAS ALIENATED MANY WORLD LEADERS AND MOST ALL OF THE UNSC LEADERS. THEY ALL KNOW HE CONTINUES TO LIE AND MAKE PROMISES FOR ACTION HE NEVER ACTS ON.
11-6-2013 Newshound Guru Adam Montana This week has actually been pretty encouraging in the Dinar World… although it may not be immediately obvious to the casual observer, I like what’s happening. The biggest news, in my opinion, is what we are hearing out of the current Parliamentary session. I believe they are trending towards the Kurds gaining some leverage, which means negotiations are moving forward and compromises are being made.
11-6-2013 Newshound Guru Adam Montana You know what that means? It means the political games are coming to a head and some real progress is in the works! Go Iraq!! Like I said last week, I’m not expecting to see an RV come during the current session, so no real surprises at this time – but this is exactly the kind of progress we need to see before a major event.