Iraqi Dinar Guru opinions 3-18-14
Iraqi Dinar Guru opinions 3-18-14
3-18-2014 Intel Guru Delta [via anonymous] Article Quote: “The coin has a positive impact on the Iraqi dinar, especially in the event of the application of the project to delete the zeros from the dinar,” noting “The coin will have an important role and is effective in raising the value of the Iraqi dinar.” the IQD rate needs to be raised to control inflation. The coins are part of the Lower Denominations …Raise the rate to control inflation, and release the LD’s and coins to pull in the rest of the 3-zero notes. …on Iraqia TV they are saying the President of Parliament has declared a media blackout and will not let any reporters or media into parliament today.
3-18-2014 Newshound Guru Kaperoni Article: “Financial control: protecting our money in America end in may” Protection of Iraq’s money [DFI] is in our best interest. If they allow it be not protected, and Iraq still has financial obligations, those creditors may try to seize Iraq’s assets. Which ultimately is money that could be used to back their currency. So what we want, is exactly what Turki stated and that is they are getting to a position that they have little outstanding debt. As for the dinar, it will appreciate in value gradually once the enter IMF Article VIII with a new exchange regime. Article VIII makes the dinar convertible world-wide.
3-18-2014 Newshound Guru Kaperoni IMO, based on other articles, the US will always extend the protection if asked by Iraq. This is to give them time to resolve all outstanding debt prior to release of their money and international status. Iraq wants its money so motivation is not an issue. Let’s hope based on these articles the last few days, they are ready to stand up and take it. Its good news if they do.
3-18-2014 Newshound Guru Millionday [I can see the direct relevance of the clues and the “CLUES” are for sure great developments but I tend to relate hard news in to a predictable timeline for the IQD revaluation and how that may be used for investments and timeline for making a global difference.] the thing is this — the idea of…looking at the news at all is so we can as educated individuals follow the phases of development that Iraq is going through and also the laws, regulations, constitution, democratic development, banking and economic reforms, investment laws and customs etc, along with all other things that must be in place for the re-entry of Iraq or the New Iraq to the globe as a trading country out of sanctions – so the clues as these steps are done allow us to watch them advance closer to the event of international currency recognition and also monetary reality by rate for international currencies.
3-18-2014 Newshound Guru Aggiedad77 Article: “Why you should not use Central Bank reserves (cover dinar) in the treatment of the budget deficit? D. Mohammad Reza Sinan Shabibi” Yes this is a rehash of the same article that came out last week I believe with Dr. Shabibi talking about why the GOI cannot use the CBI reserves to fund the deficit in the 2014 budget…as usual Dr. Shabibi is on target with his assessment of the CBI reserves and how the GOI needs to keep their grubby paws off the money…
3-17-2014 Intel/Newshound Guru Poppy3 oh boy another COMMITTEE TO STUDY THE BUDGET — TO MY MEMORY THIS IS NOW THE 6TH COMMITEEE THEY HAVE APPOINTED TO STUDY THE BUDGET. THEY GET THE BALL ROLLING THEN STOP AND WALK OUT TO PREVENT DOING WHAT THEY HAVE DISCUSSED.
3-17-2014 Newshound Guru Millionday Article quote: “the deepening of bilateral economic relations is one of the main pillars that centered upon the Strategic Framework Agreement between the United States and Iraq.” we obviously see that we are moving forward and they are in the activation and working within the strategic framework agreement. the strategic framework agreement has a huge part of the advancement to the globe economically and trade wise so this shows us that they are in a place that will activate the monetary policy — it has to be done for all of this we are looking at to occur.
3-17-2014 Misinformed Guru Lots of people expected it to be over this weekend. It was ever so close…we were on the 1 yard line but didn’t make it across. We are now on the half yard line…we’ll see if we make it across this time. We’re hearing things are scheduled to happen in US tomorrow & in Iraq. There have been changes negotiated at the last minute. Don’t know if I am happy with them or not. It’s in the IMF hands now and she is fighting a battle that she thought was over.
3-17-2014 Misinformed Guru On Friday, several CBI’s were notified they were changing several rates…now we don’t know exactly when it’s going into effect. It’s possible it can be over at any time. [Can you give us general idea of dong rate?] $.57 is what I got…once it goes international, everybody will get at least that…$3.71 international rate Iraq…Rupiah $1.05. Things are sounding good right at this moment.
3-17-2014 Intel/Newshound Guru Poppy3 [Do you see any problems after the R.V…With so many people trying to do their currency exchanges all at once?] nope it will be very easy — remember there are less than 3% of the people in the whole usa that even knows about the dinar…no problems cashing out except finding the best place.
3-17-2014 Misinformed Guru I BELIEVE IT WAS LAST FRIDAY NIGHT I POSTED THAT THE WEEKEND WOULD CHANGE OUR FINANCIAL CONDITION. THIS POST WAS BASED ON THE INFORMATION RECEIVED THAT MONEY WAS TO BE [IN PLACE] LAST FRIDAY NIGHT FOR THE R/V. THEN SATURDAY MORNING, I WAS INFORMED TO EXPECT FUNDING SATURDAY NIGHT. THEN SUNDAY MORNING, I RECEIVED WORDS OF ANOTHER ISSUE THAT HAD ARISEN AND THAT IT HAD DELAYED THE R/V.
3-17-2014 Misinformed Guru TODAY, I AM HEARING TUES (TOMORROW), BUT I WILL REMAIN OPTIMISTIC AND CAUTIOUS, AS WE SEEMINGLY HAVE AN ONGOING DELAY, ONE AFTER ANOTHER. EVERY TIME WE HAVE HAD WHAT APPEARED TO BE SOLID INFORMATION, FROM SOURCES IN CHARGE OF THIS WHOLE PROJECT, THINGS CONSTANTLY CHANGED, OR ANOTHER ISSUE HAD TO BE ADDRESSED. WE AWAIT THE INEVITABLE.
3-17-2014 Newshound Guru Aggiedad77 Article: “Postponing the reading of the financial budget to next week” According to an underling of the President of Parliament (Speaker Najafi) the second reading of the budget will be postponed now until next week to give a tripartite committee time to discuss differences in the budget…IMO…’ll believe this when I see that the budget is not included on the Tuesday agenda. There has been plenty of time to discuss differences, now is a time to push the agenda forward.
3-17-2014 Newshound Guru Red Lily Article: “The Court ratified the decision for “commercial” as the Registration Agency Act takes effect 16-03-2014…” GOOD NEWS IMO…THIS IS PART OF THE “INVESTMENT LAWS AND TARIFF LAWS” IMO. …THE TARIFF LAWS NEEDING TO BE PAST ALONG SIDE THE INVESTMENT LAWS…WILL PUT IRAQ ON TRACK WITH THE BIG BOYS…THE INTERNATIONAL COMMUNITY. FOR ANYONE WHO HAS STUDIED WHAT IRAQ NEEDS TO COMPLY TO INASMUCH AS WTO, IMF, WORLD BANK, WELL….. THIS IS PART OF COMPLIANCE AND IMO GOOD NEWS.