Iraqi Dinar Guru opinions 2-19-14
Iraqi Dinar Guru opinions 2-19-14
2-19-2014 Newshound Guru Millionday Formal Government Document: Quote: “morning continues votes demanding action to raise the value of the local currency…” this is kind of a report to the citizens…they are saying that they are going to raise the value and apply all the regulations for the modern banking — this would make them take out the imposed/program rate of 1166 and put in the reality rate but they have given no time that they plan to do that…but looks very close due to the recent reports…all they have said is that they are ready and are stating they are doing that…it would be a revalue or a reinstatement.
2-19-2014 Newshound Guru Adam Montana Another week has gone by in the land of dinar with no revalue, but let’s not despair. Despite the crazy opinions you might read out there it’s best to always keep in mind that 85% of what you will hear or read are just that… an opinion. The other 15% might be fact, but at the end of the day I have one more fact for you: NOBODY can prove that the dinar will or will not revalue. If you bought into the dinar because you need a quick payday… maybe you should sell your dinar. But if you bought into it because you believe the fundamentals are good and there is indeed a chance to make some money… then stay in!
2-19-2014 Newshound Guru Adam Montana …here’s some positive news! 1. UAE [United Arab Emirates?] opens office in Erbil. 2. A slew of articles supporting the CBIs ability to maintain the stability of the dinar and expressing the need to support the CBI’s “measures” (which happen unilaterally, by the way!). (I know I’d support a “measure” to increase the value!) 3. Barzani actively engaged in HCL discussions: I found a few more, but to sum it up… no RV at this immediate time, but with all this positive movement, I’m going to stick it out for a bit longer.
2-19-2014 Intel Guru Jester [Do you believe the progress or lack of it in Iraq is having an impact on the RV? Or, is it dependent on the IMF, UST or whatever?] IT COULD…MALIKI HAS NO PARTICULAR REASON TO WANT THIS… HE HAS ELECTIONS COMING UP… QUITE FRANKLY I THOUGHT HE WOULD BE LONG GONE BY NOW TOO.
2-19-2014 Intel/Newshound Guru Poppy3 I STATED LAST MONTH THAT MALIKI TO WIN THE ELECTIONS WILL HAVE TO RV AT LEAST 30 DAYS BEFORE THE VOTING STARTS BECAUSE IT WILL TAKE THAT LONG FOR BENEFIT TO SHOW FOR THE PEOPLE OF IRAQ. TIME WILL TELL.
2-19-2014 Intel Guru EXOGEN THEY ARE CHANGING THE PRICES ON FOOD AND ITEMS IN IRAQ RIGHT NOW.
2-19-2014 Intel Guru Delta FOREX EXCHANGE IS SHOWING 1USD = 11.6 DINARS…U.S. Dollar/Iraq Dinars (^USDIQD)…11.6-1,158.3 (-99.01%) 6:00P CST (FOREX). MAYBE IT’S NOTHING, BUT THE DATE IS NOW SHOWING FOR 02/19/14. IT IS ABOUT $.08=1 DINAR. LIKE I SAID FAMILY MAYBE IT’S NOTHING, BUT IT’S VERY INTERESTING.
12-18-2014 Newshound Guru Kaperoni Article quote: “Revealed the site BBC Trending of the British Broadcasting Corporation, on Tuesday, for “hustler” Americans used social networking site Twitter…” Turki won’t be happy if he sees this. Bankers don’t like speculation. And this attention to the dinar in Iraq cannot be good. [They (CBI ) must know that their dinars are comeing over here.] of course the CBI knows where their dinar goes. This is nothing new to the CBI, its just unnecessary attention…it will not effect the overall plan, but any attention like this does not sit well with bankers. It could cause delays, it could force the CBI to be more discrete, or even post mis-information.
2-18-2014 Intel/Newshound Guru Poppy3 THERE HAVE BEEN SO VERY MANY CHANGES IN THE LAST THREE DAYS THAT WERE TOTALLY OPPOSITE WHAT WAS STATED AS THE AGENDA, AT THIS TIME I HAVE ZERO TIME TABLE UNTIL THE NEWS GETS MORE CONSISTENT AND THEY GET THEIR SHIP BACK UP RIGHTSIDE. WHILE THERE HAS NOT REALLY BEEN ANYTHING PROVEN TO BE NEGATIVE THE POSITIVE THINGS THAT WAS SUPPOSED TO HAVE BEEN ACCOMPLISHED HAVE NOT BEEN DONE.
2-18-2014 Intel/Newshound Guru Poppy3 MALIKI DISRUPTED THE LARGE FINANCIAL MEETING SUNDAY THAT WAS TO BE TOTALLY DIRECTED AT APPROVING THE BUDGET SO HE COULD INTRODUCE HIS NEW AMNESTY LAWS THAT WOULD FREE HIM FROM BEING PROSECUTED OR HELD RESPONSIBLE FOR ALL HIS MURDERS AND THEFT OF FUND OVER THE LAST FEW YEARS. THIS WAS A HUGE PROBLEM AND UNTIL THEY GET BACK ON TRACK OF THE ISSUES NEEDED SOLVING I WILL RESERVE ANY PREDICTIONS OF TIMING.
2-18-2014 Intel Guru Jester [I see where some are still spouting $32 rates.] THAT IS A COUNTRY RATE THAT YOU WILL NEVER SEE. YOU ARE NOT A COUNTRY. YOU ARE NOT GOING TO DO HUMANITARIAN PROJECTS. YOU ARE NOT SPLITTING THAT RATE 3 WAYS WITH CHINA AND THE US, THAT IS NOT GOING TO HAPPEN. LET ME TELL YOU SOMETHING ABOUT THE HIGH RATES…SURE THEY ARE REAL ENOUGH…IF YOU KNOW WHAT THEY ARE FOR THEN THEY MAKE SENSE. ANYTHING OVER THE STREET RATE IN THOSE HIGH NUMBER DEALS LIKE THAT ARE FOR HUMANITARIAN PROJECTS…THE PART YOU GET TO SPEND IS THE STREET RATE.
2-18-2014 Intel Guru Jester WHEN YOU BREAK IT DOWN A COUNTRY RATE IS ALSO SPLIT 3 WAYS AND YOU GET A THIRD AND ANYTHING OVER THE STREET RATE IS FOR PROJECTS. LETS BREAK THAT DOWN….IN THAT INSTANCE 1/3 TO CHINA OR REP, 1/3 TO UST, AND 1/3 TO YOU – MINUS THE FEES ETC…SO ROUNDING IT OFF YOU WOULD GET AROUND 12.66 MINUS THE FEES…WHATEVER THEY ARE… LETS ROUND IT OFF TO $11…THAT SHOULD COVER IT. THEN YOU CAN ONLY SPEND UP TO THE STREET RATE SAY 3.44 OR 3.66 OR WHATEVER LEAVING AROUND 7.50 TO BE USED FOR PROJECTS WHICH HAVE TO BE APPROVED BY THE AUTHORITIES.
2-18-2014 Intel Guru Jester IT’S…A MOOT POINT TOO. YOU CANNOT GET IT. IT IS RESERVED FOR COUNTRIES AND SUCH… HUGE WHALES, FOUNDATIONS, STUFF LIKE THAT… IS NOT HAPPENING IN A GROUP RATE EITHER… THERE ARE STILL TIERS PEOPLE…THERE ARE SOVEREIGN RATES…PRIVATE PLACEMENT RATES…GROUP RATES IF YOU WILL…AND STREET RATES…IT HAS ALWAYS BEEN THAT WAY AND I BELIEVE IT WILL FINISH UP LIKE THAT. YOU CANNOT GET THIS RATE….WILL NOT GET THIS RATE.
Guru Critic, More made up mumbo-jumbo if you ask me, how would anyone know that anyway? A rate is a rate that is equal for everyone. The USA is NOT going to “share” the returns they get with other countries, they can buy their own dinar, it has nothing to do with some “country rate”. There is no, and never was a $32 dollar rate. Believe what you will. If that is the best line of reasoning they can come up with, they should stop all of their opinions. Get real.
2-18-2014 Intel/Newshound Guru Poppy3 …THE IRAQ PEOPLE REMEMBER THAT THEIR DINAR WAS VALUED AT OVER THREE DOLLARS PRIOR TO THE WAR AND THEY REALIZE THEIR NEW GOVERNMENT AND THEIR BANK HAS PROMISED MANY TIMES IT WILL RETURN TO PROMINENCE IN THE MIDDLE EAST. THEY WERE EVEN TOLD MANY TIMES THAT IT WILL BE THE STRONGEST VALUED CURRENCY IN THE MIDDLE EAST MAKING IT THE STRONGEST IN THE WORLD…
Guru Critic, They also remember that there were about 28 billion Iraqi dinars in circulation as compared to some 35 trillion now. We shall all see soon enough what they decide to do. Hope everyone has a great day.