Iraqi Dinar Guru opinions 1-3-14
Iraqi Dinar Guru opinions 1-3-14
1-3-2014 Newshound/Intel Guru Eagle1 A friend at the WTO on the US Trade Delegation said that Iraq was inducted into the WTO on Sunday but nothing will be released “publicly” until the currency reset goes live “shortly”. Sources all agree that from what the CBI, BIS, WTO, IMF, GOI are saying it is very possible to see the new rate on Saturday/Sunday.
1-3-2014 Newshound/Intel Guru Eagle1 Reminding everybody about the Chap.7 agreement Shabibi signed to “Reinstate” the IQD…I feel it’s a Reinstatement and not a Revalue. But, a deal may have been made with Kuwait to come out at $4.25 and Kuwait will RV the KWD to be a little higher…my sources opinion is he expects the IQD to come out within a few cents of Kuwaits KWD. These are calculations based on the information in articles as well.
1-3-2014 Intel Guru Delta [WOULD IT BE SAFE TO SAY IF THEY JUST ONLY DID ONE THING ON THE LIST THEY WOULD HAVE TO HAVE A RATE?] YES…BIG MISTAKE IF THEY DON’T CHANGE THE RATE, I WAS JUST WATCHING ON IRAQIA TV PEOPLE ARE UPSET ALREADY AT THE PORT OF BASRA, AND IT WAS THE FIRST DAY, SO IF THEY DON’T CHANGE THE RATE AND GIVE IRAQI POWER OF PURCHASE!!! IT WILL BE A BIG PROBLEM ON THE WAY.
1-3-2013 PUMPER Guru TerryK I HAD FOUR SOURCES CALL ME YESTERDAY AND TO BE HONEST THEY WERE PRETTY HYPED. WHAT IM BEING TOLD IS IT IS THE UST AND FEDS HOLDING THIS UP AS THEY ARE WAITING ON GOLD STANDARD THAT WAS TO COME INTO PLAY YESTERDAY. DON’T KNOW WHAT THE DELAY IS NOW.
1-3-2014 Intel/Newshound Guru Poppy3 WE DO KNOW THAT FOR A TARRIF TAX TO PRODUCE ANY CASH FLOW…THERE WOULD HAVE TO BE A VALUE ON THE CURRENCY OR THE TAX WILL AMOUNT TO NEXT TO ZERO. SAME IS ALSO TRUE FOR THE HCL LAW BEING IMPLEMENTED. WITHOUT A VALUE ON THE CURRENCY THEY COULD NOT PAY THE PEOPLE THE 17% THEY ARE TO RECEIVE FROM OIL REVENUES.
1-3-2014 Intel/Newshound Guru Poppy3 WE ALSO KNOW THEY CAN’T SELL THE BONDS WITHOUT SOME VALUE PLACED ON THEM THAT IS BACKED BY EITHER THE IMF, WORLD BANK, OR UNITED NATIONS. …WITHOUT SOME AGENCY OR GOVERNMENT BACKING THEM, ANYONE WOULD BE CRAZY TO INVEST IN THEM. THE BIGGEST QUESTION IS, ARE THE U N LEADERSHIP GOING TO PLACE IRAQ BACK UNDER SANCTIONS LIKE THEY SAID FOR NOT MEETING THEIR NEGOTIATED…DEADLINES THEY AGREED TO WHEN ASKING TO HAVE THE SANCTIONS LIFTED.
Guru Critic, Just a reminder here, 100 million dinar is worth about 100 thousand US dollars, so the tarrif will still “produce cash flow”. Even though the Iraqi dinar is worth very little right now, it still has value in relation to USD, it just takes truck loads of it.
1-3-2014 PUMPER Guru Bluwolf Once we rv there is at least a 30 day exchange period, it has always been that way (for there are trillions around the world to be recollected)…
1-2-2014 Newshound Guru tlm724 Article quote: “Baghdad and Erbil reached a joint decision to spend deposit money Kurdish oil exports account for Iraq in the United States instead of depositing them in the bank Turkish government…” Baghdad and Erbil reached a joint decision…hello, HCL! bring it on baby!! Article quote: “Economic parliamentary confirm that the government will send a budget to the House of Representatives next Saturday” budget Saturday to the house too!! the news truly does get better and better everyday, talk about quantum leaps, they are over the moon in giant steps forward!! [whats next?] a green light situation!
1-2-2014 PUMPER Guru Loechin There is nothing left to be signed, posted, read, or done. All and I mean all is completed.
1-2-2014 Newshound Guru tlm724 Article: “Minister of Finance Agency purity of net debt, on Thursday, the launch of a law of customs tariff, noting that the entry of goods will be through the new mechanism.” I was holding my breathe on that one, waiting for them to say nah not ready but…they didn’t, they did it! you know what this means? “the Iraqi ports in Basra began, today, the implementation of the customs tariff law ” it means the port customs office is linked electronically to the CBI and the MOP office …its what I have been waiting to see.
1-2-2014 Intel Guru Dinar Wishes I am hopeful to see this come to fruition soon, but I can’t honestly say the intel says that is to be.. I haven’t had Bad news… But, I haven’t had any solid Day/Rate given today… Iraq has done everything they have been required to do… Its not in their hands, hasn’t been in a Long time…Now, have they had things they have needed to do to function??? YES!!! One way Countries make money is by selling Bonds…Selling Bonds Makes Money like you going to a Bank and getting a Loan…
1-2-2014 Intel Guru Dinar Wishes I was told it doesnt matter what happens, when the one who has control lets it go then it will go…not a minute before… I know it was stopped within Seconds of going…Has been several times… They make the schedule and then the countdown…AND BOOM!!! It gets stopped. [in your opinion are we looking for this in first 1/4 or later?] I do feel we could see it… But, I’m worried about the fact it should have happened already. Im waiting on a call from one of my sources and hope to get news soon… But, I was told not before the 7th…Its not a matter of if…But when.
1-2-2014 PUMPER Guru TerryK HAVE GOTTEN TWO MORE CALLS THIS AFTERNOON. THINGS SOUNDING REALLY GOOD FOR TONIGHT OR IN THE AM.
1-2-2014 Intel/Newshound Guru Poppy3 MY SOURCE SAY THEY WILL NOT WASTE THE MONEY TO EVEN START IMPLEMENTATION OF THE TARIFFS WITHOUT A VALUE. HE SAID THEY HAVE ALREADY STATED IT WILL TAKE ABOUT 3000 GOVERNMENT EMPLOYEE’S TO IMPLEMENT THE TARIFF LAWS AND THEY WILL NOT HIRE AND TRAIN THEM TILL THERE IS A VALUE ON THE CURRENCY TO PAY THE PEOPLE IT WILL TAKE TO RUN THE TAX SYSTEM.
1-2-2014 Intel/Newshound Guru Poppy3 HE STATES THE TARIFFS HAVE NOT BEEN IMPLEMENTED EVEN THOUGH THEY HAVE BEEN ANNOUNCED. HE ALSO SAID THE ONLY WAY THEY WILL BE IS IF THE RATE CHANGES THIS WEEK. ONLY TIME WILL TELL.
1-2-2014 Newshound Guru Millionday the US has met with the Iraqis and they are activating the strategic framework agreement 100% — WOW we sure do like that.
1-2-2013 SUPER PUMPER Guru TNT Tony I have received nothing but good news for the last 2 days and I fully expect you to have a super-fantastic weekend. Things are still in motion and everyone is excited. I did get some additional cashout/exchange procedures for both the IQN and the VNN. I am looking forward to tomorrow…and a great weekend…You never know, your whole world could change by then.
Guru Critic, I don’t care about “cashout/exchange procedures” for IQN or VNN, there is no such currency, we have IQD and VND that is what we are waiting to “exchange”.
1-2-2014 Newshound Guru Administrator Bob Luxury tariffs begin today. Parliament resumes legislation on Saturday.