Iraqi Dinar Guru opinions 1-30-14 (updated)
Iraqi Dinar Guru opinions 1-30-14 (Updated)
1-30-2014 Newshound Guru tlm724 let me show you what I found on parliaments site. Quote: “Chairman of the Finance Committee meets U.S. delegation January 30, 2014 Met with MP Haider al-Abadi Chairman of the Finance Committee on Wednesday, 29.01.2014 at his own office” do you see that…the USA is there! The meeting discussed the most important obstacles facing the process of voting on the draft budget law for 2014. WE are there to make this all work, remember we NEED this done correctly! Do you want it quickly and then sent back 15 times or do you want to wait a few days or weeks and have it done right including the HCL?
1-30-2014 Intel Guru DC They are going back to the original plan, on the same timeline, and the plan is going back to where it was, which is the right and fair way to do it.
1-30-2014 Intel Guru TNT Tony We know people who just got paid out yesterday at $28. They are still paying people out last night. We know it continues but it is closer to your turn. It could by any moment, any day, and their notifications say Monday. WE have dates, rates, locations, 800 numbers… we just want to wait and see what happens. I’m hearing that things have changed so much in our favor…
1-30-2014 Intel Guru TNT Tony [via Adept1] Everything we heard this morning is very positive. Some things that happened in the night were very positive. There is one small group in a room trying to hold this back, but this could change in a matter of moments…Tier 1 and 2 banks have been notified that this should happen by Monday. A contingent is still trying to hold this off until Monday, and others want us to get it done right now. Where are we now? Notifications have gone out to the lower levels, so a lot of bank employees know a lot more today than on Monday. Tier 2 and Tier 3 banks who were never a part of this have now got notifications to spin back up and get everything going.
1-30-2014 Intel Guru Bulldog75 [Do you think the contract rates will still be applicable?] THERE CAN BE MUCH SPECULATION TO THE RATES. ODDS ARE IN OUR FAVOR TO HAVE AT LEAST A IQN COMPATIBLE RATE ALONG SIDE KUWAIT’S RATE. THERE ARE NO PROMISES OR GUARANTEES AT THIS POINT ON ANYTHING; AND THE 3 LETTER AGENCIES WANT IT THAT WAY. WE WILL KNOW THE GREATER DETAILS WHEN THE RATES AND TOLL FREE NUMBERS BECOME OFFICIAL.
1-30-2014 Intel Guru Bulldog75 LOTS OF INFO FLOWING THROUGHOUT ECONOMIC WORLD AND BANKING SYSTEM. THOUGH THERE HAVE BEEN SOME ISOLATED UPPER TIER CASHOUTS, OUR TIME IS NEAR. WE PATIENTLY WAIT OUR TURN. THERE ARE ONLY POLITICAL REASONS HOLDING UP OUR CE, AS HAS BEEN FOR MANY MONTH. ABSOLUTELY, NO ONE, UNDER ANY CIRCUMSTANCES KNOWS THE EXACT RATES AND DATE.
1-30-2014 Newshound Guru Adam Montana [IF THE VALUE OF OUR DOLLAR GOES DOWN (LET’S SAY TO $.75) AND THE RV IS ANNOUNCED AT A RATE OF (TO KEEP IT SIMPLE) 1 TO 1, THE ACTUAL VALUE WOULD BE $.75 US TO 1 DINAR, RIGHT AND THEREFORE ONE MILLION DINAR WOULD BE WORTH $750,000. COULD THIS BE ONE REASON WHY YOU ARE STICKING TO YOUR $.10 TO $.86 PER DINAR OR SOMETHING CLOSE TO THAT?] Unfortunately, the value of the dollar DOES affect everything and everyone in the entire financial world. I am sticking to my rate theory because it makes sense at almost any level other than a devalue of the USD proportionate to what Iraq faced… but that will never happen. The world simply won’t let it, too many countries depend on the USD in too many ways to list. Is it bad for us? Yes, of course. Everything involving higher debt, lower value of the USD, unpayable obligations… all of that is bad for us.
1-30-2014 Newshound Guru Millionday Article quote: “Iraq is seeking to become its market for securities increasingly important source of capital for national companies by broadening traded companies which put its shares for sale” they are in massive promotion to get their stock market huge nationally. they are saying that this is to move it to join the world — in the move to transition to a market economy — meaning driven by supply and demand — for all on isx…this would include the dinar.
1-30-2014 Newshound Guru Millionday understand this – we are all invested in their market by holding dinars — we invested in their currency and when the rate is better we will sell back the currencies. they are stating that the market we are invested in is in the transition phase and is moving to a market economy so we can sell high… [do you feel it be a rv or a re-instate of their currency?] either one will be a rate that we can all enjoy…we look back at the rate history and it is hard to find one that we would not like…no date yet…but we have regulation dates to be set by banks set at jan 31st.
1-30-2014 Newshound Guru Millionday Article quote: “there is an intention for the issuance of sovereign bonds after the adoption of a new budget law,” pointing out “that the current law does not allow the Minister of Finance to issue sovereign bonds of the State of Iraq.” that is the CBI governor speaking so as we see — after the budget and the regulations by the jan 31st date…they are getting everything ready to sell and buy foreign currency and sell bonds by the budget pass — and the kurds are coming to it on thursday. cbi has given the banks until jan 31st to get their reserves to 250 billion.
1-30-2014 PUMPER I received a call from a personal friend whom I talk to everyday. He was very excited and wanted to tell the world his good news. He was personally contacted by a Tier 2 bank officer that wanted to know if he still had the dong that he purchased from them. He said yes and she told him that she had just received a memo directing her to call all of her customers that had purchased dong and to tell them that they would like to be their bank during the exchange process. She said the memo listed several currencies that would be revalued by Monday.
1-29-2014 Newshound Guru Adam Montana [How close are they in signing the HCL and getting it taken care of. I know you have stated many times that you don’t believe the RV will happen before the HCL is signed into law. Do you still think this way and are we getting close.] I still feel that the HCL is vital to the success of an increased value in the Dinar, and they have been making steady progress – so I am hopeful to see more on that shortly. [What role is the Budget playing?] In my opinion – none at all. With any major overhaul of the budget will come an equal overhaul of the budget.
1-29-2014 Intel/Newshound Guru Poppy3 all the news is positive and all forward movement. they are taking action but they move at a snails pace. However as we all can see here lately and the summit and conferences the snail seem to be going down hill and moving some faster. I HOPE ALL ARE ENCOURAGED AND GETTING EXITED ABOUT THE INVESTMENT…IT WILL PROVE TO BE A GREAT CHOICE.
1-29-2014 PUMPER The bankers had more meetings today…I cannot, for the life of me, understand why they can’t just do the right thing. All it takes is to make it fair for all. We know that everyone is not going to get the $32.00 rate, but some of us should. Let’s hope that someone in that group finally uses a little common sense and makes the right call/decision to get this over with and back on track for us all. Let’s hope this is the end…Let’s hope this ends tonight.
Guru Critic, By these pumpers own admission in recent statements, “there will be a claw back” as they put it, meaning anyone that supposedly “exchanged”, will be subject to whatever rate is officially released, so no one is going to get a rate even close to $32 dollars. I do not believe that anyone, no matter how “elite” they are exchanged, there is not one shred of evidence to support that claim, but there is plenty to show that they haven’t. In reference to the “global currency reset” article that was posted yesterday, it really stinks of “conspiracy type theories”, no documentation to support the claim and statements made by Christine Lagarde were taken out of context or at the very least misinterpreted. This is her statement: “We Need a RESET IN THE WAY THE ECONOMY GROWS Around the World”. That is a far cry from adjusting the value of every currency. Based on some other articles I read, a “global currency reset” as they describe it, would be very detrimental to many countries, especially America and the USD. It is basically calling for currencies to be “asset backed”, by the resources or value of the country as a whole, pretty much, that is how currency has been valued for many many years. Take from it what you will, but it sounds pretty ridiculous to many of us. As far as the NDA goes, there is no documentation to prove it as fact, but it does sound pretty far fetched and has been discredited by many as well. If anyone does try to pull this crap on people, at least we were forewarned NOT to sign the “agreement”. Here is a link to the World Economic Forum: https://www.weforum.org/sessions/summary/global-economic-outlook-2014
1-29-2014 Newshound Guru Millionday they have reference to huge change coming from this budget to the citizens — they are calling for no procrastination and also to implement the five year plan at the same time. they are saying that Iraq is moving much faster than they should be expected to be with this budget because other countries in this position of complete transition have taken much much longer — so this is saying they are impressed and they are in a huge hurry. they will have it read and have it on the table thursday — we should expect them to be working until it is done with this one, imo… so that means they are working tomorrow [Wednesday] and Thursday.
1-29-2014 PUMPER [via a patsy] They are in a meeting at this moment,, and there should be an announcement in an hour, after the meeting. I’m hearing a lot of good stuff today from a lot of different sources. The whole world may change today, if they live up to the hype. There should be three rates hitting the streets…the international rate, the US rate, and the contract rate. We have been hearing there is something on CNBC announcing currency revaluations this afternoon. They expected it on Sunday, like we did, and announced it again an hour ago, that they are expecting currency revaluations later today. We’ll see if that is true. Things are looking good for us to get through this process by Friday, hopefully today…
Guru Critic, One thing is for darn sure, we as citizens and Iraqi dinar holders DO NOT WANT TO SEE revaluations on a global scale. I stick by the information from credible sources that we will never see this happen as they are reporting.
1-29-2014 Intel Guru TD THE GCR IS HAPPENING ALRIGHT —BUT in the opposite way people have been selling it. As the economy in the USA is showing signs of improvement, The Fed has a tapering agenda in play in months ahead. By raising interest rates other countries will also need to adjust their rates to protect capital flight from leaving their countries as investors look toward the US more favorably.
1-29-2014 Intel Guru TD Already overnight South Africa & Turkey raised rates unexpectedly and their currencies today are taking a hit. So is the Brazilian real & Argentine Peso. In months ahead as these mechanisms take hold worldwide , emerging market countries will also raise THEIR rates and their currencies will devalue vs. the dollar. As far as the IQD, it’s already at a low rate BUT with these world market forces playing out there is NO WAY a sudden, dramatic upside increase is probable.