Iraqi Dinar Guru opinions 3-27-14
Iraqi Dinar Guru opinions 3-27-14
3-27-2014 Newshound Guru Adam Montana [How does Iraq keep buying high dollar goods without a money value other than a program rate…Seems to me that using the dinar and program rate suits them just fine as long as they can buy what they need…So what’s their incentive to RV?] The current rate is allowing them to maintain stability, and it is working – thanks to the CBI’s ability to maintain control. This same ability to maintain control is what gives me confidence that they will be successful in raising the rate when they choose to do so. Their incentives to RV are more than I can possibly put into writing at this time…
3-27-2014 Newshound Guru Millionday gradual growth economically…is what the IMF is looking for — it is not how the rate of the dinar is going to come out — the dinar MUST come out at a reality rate that is calculated and any other assumption just goes against global economics entirely — imo of course…it may float after a rate is set.
3-27-2014 Newshound Guru American Contractor [When this reval’s or RV will it matter if I have larger or smaller Iraq dinar banknotes?] I don’t think it will matter if you have the larger or smaller banknotes. The CBI has stated that all of the notes are legal tender. It goes back to their bylaws. They printed it, it is legal tender until sometime in the future when they say it will no longer be used.
3-26-2014 Intel Guru Hub my contact that has the ny city currency broker, that has 3 imf investers, text my lady Sunday nite…”get your running shoes on”…dont know what that means, but it sounds good…he has said for several months, he sees this done, just activate it…so lets see what happens. let me tell you…what i think…iraq has to have a currency with a value…the economic situation in iraq has performed as it should, it is ready to take its place in world economy…so i personally think and this is my own personal educated guess, we are there, i would not be surprised, but very happy that this could happen tonight.
3-26-2014 Newshound/Intel Guru Eagle1 Although I’ve been unable to find a direct link to Christine Lagarde’s comments, she is said to have stated yesterday that the Reset needs to be completed by or before April 1. I personally find April 1 to be a compelling date, and I’ve said to my friends, “This is not an April Fool’s joke; this is an April Blessing!”
3-26-2014 Newshound Guru Adam Montana [How is the changing of the guard at CBI going to effect the chances of an RV? Some folks think it is so Maliki can plunder the reserves. What’s your thoughts?] Interesting theory about Maliki “plundering the reserves”! But at the end of the day, there’s only so much plundering Maliki can do – the eventual change in the value of the dinar is bigger than just one man or one agency.
3-26-14 Intel Guru EXOGEN IMHO, This is tied to the USA not wanting to lose POWER, ie 2010 IMF reforms. Then you have to add where is the Funding coming from to fund the RV. The funding is coming from all of the Gold moves you see and the Historical Bonds and other bonds. The rate on the Bonds has been locked at CME at $3.71 for close to 2 weeks now. The delays in Iraq are done in conjunction with the UST & IMF. But TIME is running out FAST.
3-26-2014 Misinformed Guru Everyone is super confident, relaxed saying it’s over, done, completed and just waiting for big reveal. There is a date but very few know it. I can say they have been told to be prepared. The call centers are manned and the currency exchange people there. Security is in place. All we can do is wait until they do it. We are stil looking at their time line in Iraq where they are saying that their economy will change on the 1st of April. Also, the UN operational rates change on the 31st or 1st. We are hearing that they don’t care about the time of day. They don’t care if it’s sunlight, sunset, 12 noon, 12 at night. They are saying that everybody is ready and it could go at any moment.
3-26-2014 Newshound Guru tlm724 “Gold the best guarantee for the stability of exchange rates” …it is awesome to keep seeing articles about this! Iraq seems very proud of this as they should be! they are showing us some of their “new” monetary policy here that the application of monetary policy tools of the central bank. this gold has multiple purposes…the best one is this: “active manner that would enhance the value of the currency” *hallelujah* and of course to maintain the stability.
3-26-2014 Newshound Guru tlm724 another reason is strengthening reserves, monetary gold that is in line with the current stage to strengthen Iraq’s economy…amount of gold purchased during the month of March, about 36 tons of high purity. that is on top of what they already had. a portion of the gold was meant to go up for sale. “that the application of monetary policy tools to effectively reduce the dollarization of the economy.” *hallelujah* that there is another instrument of monetary policy pursued by the central bank is setting up a basket of foreign currencies and reduce dependence on the dollar. [the only better than that is an r/v.] you are right there! reduce dependence on the dollar…they are dedollarizing people!! This is almost the last step!!! This is them showing us their hand as far as currency reform within the framework of monetary reform! Freaking awesome !!
3-26-2014 Newshound Guru Adam Montana Here’s the latest: 1. MP expects budget to be DONE this week. 2. Kurdistan to be there for it. 3. Central Bank huge gold purchase. 4. World banks tells GOI to butt out. I think at this time, the budget is the biggest issue on Parliament’s agenda, so we are going to see that done before anything else happens. If it’s done this week as planned, be on the lookout for more news soon.