Iraqi Dinar Guru opinions 2-7-14
Iraqi Dinar Guru opinions 2-7-14
2-7-2014 Newshound Guru Doc [Has does the GCR impact the dinar?] First, the GCR is high speculative at this point and we believe if and when that ever happens it is years away. We have seen public reports in the US arguing it needs to happen but until all countries involved agreed to a asset backed system we simply don’t see it happening any time soon. Iraq, we believe, is independent of this event. Iraq has immediate needs it needs to address and when everything is addressed the CBI will pull the trigger and not before than. We report, you decide
2-7-2014 Newshound/Intel Guru Dinar Daddy I’ve been following the growth and rebuilding of Iraq for many years now. So many have bashed the Iraqi Dinar, not knowing WHY so many believe it will increase in value one day. Some have said it will provide an increase in the realm of 1000%+ return, others have said it will increase gradually, maybe by 20-40%, and continue to grow over time as Iraq’s economy develops a base through oil exports and other industries that will ultimately justify the currency’s value.
2-7-2014 Newshound/Intel Guru Dinar Daddy If you think the official currency of Iraq is a scam, think again. The only ones scamming anyone are those who lie to get gain from others during the WAIT for something better than what the Dinar values offers at present, which happens to be 1,162 IQD for every $1 US Dollar. The reality is that the Dinar (IQD) isn’t going anywhere because it’s the official currency of a real country! Whether those in control of currency values in the world and over Iraq choose to increase the value of the I QD immediately (revaluation) or slowly (still a revaluation) isn’t the point…What IS important is there is a way to make it all happen, even in the ways speculators have aggressively stated.
2-7-2014 Newshound/Intel Guru Dinar Daddy No rate… No date… Only confidence the country of Iraq will one day officially rise from the ashes and become one of the wealthiest countries in the world, leading us into a new millennium. I expect the exact way it will all be done will not be as many have explained it. We will, in my opinion, be lead through various hoops and challenges to get to that point (i.e. re-denomination, currency exchanges, timelines, etc.), but I believe it will make it there eventually. This is speculative, yet logical, and hopefully true! Fast, instantaneous, massive revalue… or a slow grow… either way Iraq won’t be ignored, and is coming on to the world stage.
2-6-2014 Intel Guru Dinar Wishes [Does anyone think all of the unrest goin’ on in Iraq is going to affect the release? I mean, half of the cities over there have fighting goin’ on or are bein’ held by rebels?] NOPE, that’s every day. It’s a way of life for them. [how much longer can they keep stallin’ this thing?] It’s not them… it’s not Maliki and it’s not anyone in the Middle East. It’s all over here…Something needed to happen…over 2 years ago; somehow it just keeps getting prolonged.
Guru Critic, It is not the USA’s job or place to RV Iraq’s currency, it is Iraq’s when they feel it can be sustained long term.
2-6-2014 Newshound Guru Doc [What is going on with reports of some supposedly in-the-know persons getting out of the investment all together due to them saying basically its a bad investment?] First, we do not agree with it being a scam or bad investment. We report our opinions based only when private and public sources agree…we do not agree with the its going to happen at any second rumors. We also do not agree with its time to fold the tents rumors. As we’ve reported repeatedly there is still much work Iraq needs to do to get in place the infrastructure laws to support currency reform long term. We simply do not see it happening until those laws are in place and functioning. We report, you decide
2-6-2014 Newshound Guru Adam Montana [A recent article by CBI states bank restructuring is to be completed by end of 2014. Is this an indication that we are in for another long wait?] There are a million indications that we will wait and a million others that say it will happen soon. I try not to read into every tiny detail, but instead stay focused on the big picture.
2-6-2014 Newshound Guru Doc [How close are we to getting passage of the laws needed to support currency reform like HCl?] Unfortunately the short answer is no one knows for sure. However, there is much in the news about movement toward that end which is extremely encouraging. We are hopeful that the upcoming elections will put a fire under the politicians to get this done. With the elections sceduled in April we can only keep our fingers crossed. We report, you decide
2-6-2014 PUMPER Guru TNT Tony [via a patsy] Maliki called different countries yesterday and said he is going to call the revaluation today or tomorrow. He is scheduled to make these announcements today and tomorrow on Iraqi television. We don’t know for sure that he will do that. Today, though, he is supposedly calling all the prime ministers and presidents, and many countries are telling the US that they’ve had enough and they are willing to do this now.
2-6-2014 PUMPER Guru TNT Tony Call centers are staffed; cash-out centers are on high alert across the country. Security is on high alert. The UST says that they are waiting on the IMF; the IMF says that they did tell them to do it, and the UST is refusing. There is disinformation about all the different rates. But if it comes out at 3.71 and the dong at .71, and we know that others exchanged at $32, then we will not let it rest there. Hopefully Maliki does make the announcement today, and hopefully it will be what we want to hear and we can start exchanging. I’m looking forward to this being done today.
Guru Critic, No one would know if or who Maliki called on the phone, is he now stating that he speaks with Maliki? What “call centers”? What “cash out” centers? IRAQ CANNOT SUPPORT A RATE OF $32 dollars! Who would risk “buying/exchanging” our Iraqi dinar at $32 dollars if there is no certainty of sustaining that rate? Answer, NO ONE!
2-6-2014 Newshound Guru Adam Montana Welcome to another edition of “This Week In Dinar”, which will hopefully be one of the last of it’s kind. Why do I say that today? Well, take a minute to look at the most recent news. Progress in the HCL. A push to resolve the Budget. Iraq is fortifying their oil reserves, plan to increase the dinar, and the ISX is moving towards an international platform! Anyone that doesn’t see value here is either a huge pessimist or just extremely sour about something in their life…that’s not me, though, and I am excited!
2-6-2014 Newshound Guru Doc [Is there any hint of the RV in the 2014 budget?] The short answer is no despite those that keep claiming so. We have reviewed the budget in its entirety (the one currently in the news) and it states revenue in the trillions of dinar just like last year. Also if you take the assumed oil production and $/barrel you have to use the current program rate of 1166 to get their calculated revenue. So again, the budget does not reflect a $3.44 RV rate or any other rate other than the current program rate of 1166. We report, you decide