Iraqi Dinar Guru opinions 12-31-13
Iraqi Dinar Guru opinions 12-31-13
12-31-2013 Intel/Newshound Guru Poppy3 WOW…I GOT PERMISSION TO SHARE SOME INFORMATION WITH YOU…—I heard some SOURCE INFORMATION that said the BIS said last week that they’ll use the IQD in their 2014 budget and they are CALLING the IQD an asset. Historically, at an 1166 rate the IQD is not an asset, but a liability. They commented that the BIS wouldn’t have made this comment if the RV were not imminent. I have not seen the BIS article statements or comments but I trust the people who have informed me.
12-31-2013 Intel/Newshound Guru Poppy3 The IQD is currently on a rate of 1166 THAT WOULD NEVER BE ACCEPTED. When the program rate is removed, the value will be zero. Thus, a new rate must be inserted to make it a legitimate accepted currency. They used this as an argument against those who claim that the rate will be allowed to float up from 1166.
12-31-2013 Intel/Newshound Guru Poppy3 The new rate that will be inserted must be one that satisfies article 8 compliance, most notabley the consistency with neighbors like Kuwait. As such, a rate in the range of $3.00 PLUS is expected…I AM LOOKING FOR FURTHER CONFIRMATION…THIS INFORMATION MAKES ABSOLUTE AND COMPLETE SENSE TO ME AND FALLS RIGHT IN LINE WITH…OTHER NEWS BEING PRINTED TODAY.
Guru Critic, Article link: https://iraqidinarchat.net/?p=25260
12-31-2013 Newshound Guru Millionday will they begin with all trade and open it entirely? they have said yes. [So do the tariff’s mean anything for the RV?] no but trade does the tariff is done by percentages… they are not going to open trade without a reality rate — thats right. [So trade is planned for the 2nd as well?] we have no ink that says rv on the second but we have trade on the 2nd. now think of this…how can they trade at this rate — they cant, it will wipe them out and on top of that they have been ordered to apply their reality rate. they will not trade in USD for a while because their budget is in dinar.
12-31-2013 Newshound Guru tlm724 Article: “Kurdistan region terminate agreements budget in Baghdad” this week as part of the start of the meetings of the joint committee, which agreed to set up last week to end disputes the federal budget for the year 2014…which agreed last week to find solutions to them through the joint committee. HCL!
12-31-2013 Intel Guru BWM there’s a lot of folks hanging their hats on the 1st and things happening but as I have stated last week there is some misunderstood information on what they are basing that date on (just like they did the 28th). As usual, I’m hoping to be wrong but the best information that I am getting is saying no expectations for RV this week…we’ll see what next weekend brings us.
12-30-2013 Intel/Newshound Guru Poppy3 many of the paris group have already stated their debt forgiveness to IRAQ like China forgave 60% of the IRAQ debt and they where to take dinar for the balance of 40%. THEY DIDNT DO THAT FOR IRAQ TO BACK OUT ON THE DEAL AFTER ALL THIS TIME. THE RV IS FOR SURE AND WILL HAPPEN ASAP. WITHOUT THE RATE CHANGE THE HCL, TARIFF AND BONDS WHERE ALL USELESS. THEY CAN’T PRODUCE CASH FLOW WITHOUT VALUE.
12-30-2013 Newshound Guru Kaperoni “Economic: delete two zeros from the currency less risky” Deleting the zeros has nothing to do with the physical currency… It is nothing more than an event…they must raise the zeros before they can delete the zeros. We do not care about the deletion of zeros because that can only occur once they have the dinar on par or about with the dollar. Then they can officially declare they have “deleted the zeros” and implement the Law of Indebitness.
12-30-2013 Newshound/Intel Guru BGG [One thought is that they don’t need the bonds if they RV, but if they don’t raise $ via bonds, then they desperately need the RV but if they do the bond sales, they can hold out longer without an RV.] You are correct.
12-30-2013 Newshound Guru tlm724 Article: “The chances of Iraq overcome security concerns among foreign investors.” what is important with this one is this: it was published in THE FINANCIAL TIMES! Holy moly they are going to bust wide open!! Article: “British newspaper: Iraq’s oil tempt foreign companies despite security concerns” among the companies that started activities in Iraq, Exxon Mobil and three Lebanese banks…this is exactly what we need to see, the willingness of investors and the fact that Iraq is actually getting a grip on security will boost the confidence of those investors!
There are contracts that end today/tomorrow and also that end on Jan. 1st and 2nd and have to be paid at the new rate. Some have already been paid at new rate. The bonds did sell at $3.71. I got confirmation of that. There is nothing technical stopping it, nothing political, none of that holding it back. It’s here in USA where it’s been held up for the last week, but now they’re saying over weekend they released it. Something could happen today, tonight, tomorrow, at any moment.
Guru Critic, I will state this again, NO ONE has “paid” at any rate other than the CBI rate..PERIOD! The bonds have NOT sold at $3.71!
Part of me feels sorry for Tony being duped like he is, it is sad that he is so misinformed, unless he is intentionally and knowingly making these statements, it is very upsetting to a lot of people, including myself.
12-30-2013 SUPER PUMPER Guru TerryK I GOT A CALL THIS MORNING…TOLD TO STAND BY. THREE SOURCES KINDA AGREE ON THE TIMING…TODAY, TONIGHT, SOMETIME SOON.
Guru Critic, I bet these are the same “sources” that told you it would “RV” over 5 years ago!!