Iraqi Dinar Guru opinions 2-21-14
Iraqi Dinar Guru opinions 2-21-14
2-21-2014 Newshound Guru Adam Montana [these items that Iraqs parliament are dealing with seem like ticky tacky items that could be dealt with at any time. what do you think is the REAL reason they don’t push the RV button?] Parliament isn’t in control of the rate – the CBI is. Regardless, I don’t think they’ll keep the rate suppressed forever, so I’ll hang tight. [MUST the budget be passed 45 days before the elections on April 30th? This would mean the budget would be passed by March 15th.] Parliament can pass a bill in the middle of the night, the CBI can up the rate without any approval from congress, or any number of things could happen. There is nothing written in stone with Iraq.
2-21-2014 Newshound Guru Enorrste …most currencies in the world are already at “parity” with each other because they already float freely in the world market. Since they are already floating they don’t need to be “reset” to another value, since the world market has already set their fair value. Some currencies are pegged, most to the dollar or the Euro, so those might be “reset”, but it seems clear that the goal of the IMF is not to “set” them directly, but instead to have them change from “pegged” to “floating” so that they can find THEIR OWN LEVEL WITHOUT DIRECT INTERVENTION from the IMF or anyone else.
2-21-2014 Newshound Guru Enorrste There IS a plan to ultimately have currencies valued according to the “underlying wealth” of a given country, but that is a very long term process that will work itself out through freely floating. In other words, the free float will automatically take into account the “underlying wealth” of a country. To put it another way, if a country is doing well (and not overprinting its currency) the market will recognize that in the value of the currency as long as it is allowed to float freely.
2-21-2014 Intel/Newshound Guru Poppy3 …KEEP IN MIND WHAT I ALSO HAVE BEEN REPORTING THAT THE PEOPLE OF IRAQ REMEMBER WHAT THEY HAVE BEEN PROMISED AND THEY LIKE US ARE NOT GOING TO JUST SETTLE FOR ANY RATE. THEY ARE EXPECTING FOR THE DINAR TO RETURN TO PROMINENCE AND SO ARE THE OTHER MIDDLE EASTERN COUNTRIES THAT TRADE WITH IRAQ DAILY. THE RATE WILL BE VERY GOOD IN SPITE OF WHAT OTHERS KEEP TRYING TO SELL. I AM NOT BUYING THEIR THEORIES. I AM STANDING ON FAITH AND WHAT THE CBI THEMSELVES HAVE STATED MANY TIMES TO THE IRAQ PEOPLE.
2-21-2014 Misinformed Intel Guru EXOGEN PER 2 DIFFERENT CONVERSATIONS RATES ARE LIVE IN CANADA. THE MAIN LEAD USA BANKING ENTITY MAY BE FACILITATING GROUP EXCHANGES ONLY, AND GENERAL PUBLIC EXCHANGES MAY BE OUTSOURCED TO OTHER BANKS. MULTIPLE SOURCES MENTIONING 72 HOUR WINDOW IN CONJUNCTION WITH IMF. G.C.R. [GLOBAL CURRENCY RESET] IS IN MOTION, AND IS ONLY OTHER VIABLE SOLUTION TO CRASHING THE MARKET. CME CONTACTS ON HIGH ALERT.
2-20-2014 Intel Guru Frank26 Take note: I do not give Time Frames Studies any longer. Why? Because IMO each second that passes by is a strong candidate for the release of the new IQD rate.
2-20-2014 Newshound Guru Adam Montana [Being in this for close to 10 years and wonder…how they an support any significant RV…here is an example. 1 trillion dollars is equivalent of someone spending 1 million a day for 2,000 years. It’s estimated that there are 30 trillion IQD in circulation, so it would take a person to spend a million a day for 60,000 years to reach that! How can Iraq seriously RV with this amount?] Simple – the 30 trillion is not USD, even though the lopsters and nay-sayers like to ignore that fact. RV that 30 trillion to 10 cents USD and how much is it? A lot less! Also, how much credit is the world willing to give to Iraq, considering their huge amounts of natural resources? Now, this is just my opinion… but I definitely see room to grow.
2-20-2014 Newshound Guru Kaperoni Article: “Assertions of the importance of the stability of the currency in the economic advancement” Love this quote…”In the Iraqi experience after the fall of the dictatorial regime, the present authorities have decided to change the Iraqi currency to a new currency. This does not affect the value of the dinar so far but it opens the dinar to the free currency market such as against the dollar, etc.” That pretty much confirms again they plan to float the dinar! […will it rise fast once it starts to float?] based on everything I have read and seen it appears it would. But time will tell.
2-20-2014 Intel/Newshound Guru Poppy3 I HAVE RECIEIVED SOME NEWS THAT THE CBI, IMF, WORLD BANK AND UNITED NATION GROUP WERE ALL IN ATTENDANCE LAST SUNDAY AFTERNOON INTO THE NIGHT AND THE DISCUSSION WAS STRICTLY THE REVALUATION OF THEIR CURRENCY. WHEN THEY DID ADJOURN LATE SUNDAY NIGHT THEY WERE SAID TO ALL BE IN AGREEMENT AND THE CBI WAS AGAIN GIVEN THE HONOR AND GREEN LIGHT TO MOVE ON INCREASING THE VALUE AT THEIR DISCRETION.
2-20-2014 Intel/Newshound Guru Poppy3 THEY REPORTED ALL LAWS THAT NEED TO BE IN PLACE ARE AGREED ON AND THEY ARE READY. THERE ARE MANY MORE REPORTED THAT WILL BE PASSED IN THE NEAR FUTURE AND MANY OF THEM WILL BECOME FINISHED UPON THE RELEASE OF THE 2014 BUDGET. HOW LONG THIS MEANS WE WAIT FURTHER IS UNKNOWN AT THIS POINT BUT IT SAYS THE RV CAN TAKE PLACE TO LIFT THEIR ECONOMY AT ANY TIME THEY DEEM READY TO IMPROVE THEIR ECONOMY, STOP THE BILLIONS BLEEDING AND STOP INFLATION.
2-20-2014 Intel/Newshound Guru Poppy3 THERE ARE SO MANY THINGS IN OUR FAVOR RIGHT NOW AND THE REPORTS ARE ALL SUPPORTIVE OF ONE ANOTHER AND THAT HASN’T HAPPENED IN A LONG TIME. THINGS ARE SOUNDING VERY PROMISING FOR ALL OF US INVESTED. STAND BY FOR VICTORY.
2-20-2014 Newshound Guru Med I HAVE NEVER CHANGED MY MIND ABOUT THIS INVESTMENT…NOT CHANGED ONE BIT. WE HAVE BEEN SO CLOSE TWICE AND THEN THE RUG GOT PULLED. I WILL SAY THIS IF SHABIBI WAS STILL CBI GOV IT WOULD BE OVER RIGHT NOW. WE HAVE NOTHING BUT CORRUPTION WHICH IS DICTATING THIS INVESTMENT RIGHT NOW…I DONT KNOW HOW THINGS STAND WITH MALIKI OR NAJAFI OR ALLAWI ON WHO WOULD RUN THIS COUNTRY NEXT. IF 2 OR 3 GET IT THEN THIS WILL END MOST LIKELY BY END OF YEAR. THERE IS SOME LEADERSHIP THERE THEY JUST NEED A CHANCE TO SHOW IT.
2-20-2014 Intel Guru Jester [BOTTOM LINE WHO IS FOOTING THE BILL. WHO IS PAYING TO CASH THE DINAR OUT? ] IT IS SEVERAL DIFFERENT AVENUES. THERE IS NOT ENOUGH MONEY IN THE WORLD TO COMPLETE THIS. THE GOLD IS THERE . IT IS COMPLICATED. OIL CREDITS ARE INVOLVED AS WELL. DINAR CONVERTS TO OIL CREDIT. IT DOES NOT LEAVE, IT IS DESTROYED WHEN CONVERTED. IF 3.44 TO OIL CREDIT, FOR IRAQ TO PRODUCE IT, IT COSTS THEM LETS SAY A PENNY. IT WAS CHEAP FOR THEM TO DO. THERE HAS TO BE A VENUE TO GET IT BACK. OIL CREDITS, UST AND CHINA HAVE THEM AS WELL. IT IS A GOOD DEAL, CHINA HAS NO OIL AND UST MAKES MONEY. VERY COMPLICATED FOR SURE. GOLD IS A LITTLE PIECE. IT WOULD TAKE 6 MTHS TO FIGURE IT OUT.