Iraqi Dinar Guru opinions 3-28-14
Iraqi Dinar Guru opinions 3-28-14
3-28-2014 Newshound Guru Kaperoni Based on all the information (articles, IMF, etc) it is apparent they are going to “raise zeros” by a gradual appreciation (IMF Article IV consultation – which is a float) of the currency and then “delete zeros” which is the implementation of the Law if Indebitness. As for what they say on TV, they usually refer to it either as a “reevaluation” or “reevaluate of the dinar”. Last week we saw someone refer to it as…”the zeros deletion project” and “restructuring the currency.” IMO, all of which support that this is a process rather than a single event.
3-28-2014 Newshound Guru Adam Montana [Is it just speculation that the WH has some influence with the CBI (re: RV) one way or the other?] It is always speculation until proof can be provided, but I believe it’s reasonable to assume the WH and other major world entities are involved in a major event like this.
3-28-2014 Newshound Guru Adam Montana [How do you think an rv would affect the stock in iraq? Would they just change the nominal value and I’m still left with the same amount of stock?] they may adjust the nominal value at first, but with a major influx of cash into the Iraqi system, I see a TON of movement in the ISX, which means LOTS of opportunities for profit!
3-28-2014 Newshound Guru Red Lily How long is the DFI funds going to be available to a country who can not seem to get the destruction under control (to a certain extent)? This is extremely costly. Iraq is going to need more and more gold so they can pay people to keep going there to clean up their mess. I read the other day how much the violence in Anbar is costing Iraq and it was phenomenal. This figure did not even include Fallujah for heaven’s sake. There will always be violence in Iraq but this is escalating violence. This is not good for ANY COUNTRY’S GDP.
3-27-2014 Intel Guru Bluwolf JUST GOT WORD FROM SPAIN, ALL CURRENCIES ARE ACTUALLY LIVE ON THEIR MONITORS AND THIS IS A VERY GOOD SIGN FOR THOSE WHO ARE OBSERVING ITS PROGRESS. LETS SEE IF THE US FINALLY GIVES THE NOW EXPECTED GO.
3-27-2014 Intel/Newshound Guru Poppy3 ARE ALL OF YOU READY FOR AN APRIL BLESSING? THERE IS A LARGE CLOUD BUILDING UP JUST FULL AND ABOUT TO OVERFLOW AND POUR OUT ALL THAT IT HOLDS DIRECTLY ONTO YOU AND ME AND OUR FAMILIES. QUESTION TO LOOK AROUND AND ASK YOURSELF “AM I PREPARED?”…WANTED TO WARN EVERYONE TO GET THINGS IN ORDER.
3-27-2014 Intel Guru Blaino WE EXPECTED TO BE POSITIONED TO RELEASE SOME IMPORTANT AND PERTINENT INFORMATION ON SUNDAY EVENING, HOWEVER…ONCE AGAIN…OTHERS WITH AN AGENDA, POWER AND CONTROL ARE PULLING AWAY FROM WHAT MUST COME! IT WILL COME, MUST COME, AND EACH TIME “THEY” TRY TO STOP IT OR DELAY IT (GCR) WE MOVE INEXORABLY TOWARD A NEW PARADIGM.
3-27-2014 Newshound Guru Stryker Everything looks to be moving towards the IMF Article IV consolidation and Article VIII compliance for Iraq and the 2014 Fiscal Year Budget Passage. Oh and Maliki sure looks to be on his way out as well! Article: “Sunday 30, 2014 the second reading of the budget bill for the Federal Republic of Iraq for the fiscal year of 2014.” If they can discuss it and pass it on Monday they will still get it done in March, barely!
3-27-2014 Newshound Guru Stryker There seems to be a real force behind pushing Iraq Globally. With the Iraqi delegations meeting in Jordan a few days ago (3/24/2014) and the Statement by the IMF Mission at the Conclusion of a Staff Visit for Iraq that took place the very next day, something is brewing. As long as the IMF feels Iraq is ready to move Iraq to Article VIII and they have met all the Article IV requirements Iraq will have a tradable currency and the CBI can then move forward with currency reform and full accession will follow. The Article IV Consultation Report and Iraq’s Full Accession can take place afterwards according to all the research I have done in the last several days.
3-27-2014 Newshound Guru Aggiedad77 Article: “Parliamentary economy bear the responsibility of the Central Bank of the fluctuation of the Iraqi dinar” A member of the Ministry of Economic and Investment recognizes that the CBI is exclusively responsible for monetary policy within Iraq…he also recognized that the security instability and constant bickering between political blocs is what affects the Iraqi dinar against other currencies…he is saying that the GOI needs to keep its hands off the CBI and let them do what they do best…the CBI will be taking other measures during the month ended (March) to stabilize the dinar.
3-27-2014 Newshound Guru American Contractor [When is it going to RV?] This is the number one question asked and to be honest I really don’t know. All we can do is do our due diligence, watch what is going on in Iraq. Watch their actions, forget their policy…watch their actions. The World Bank, The IMF they don’t even know. Nobody knows. You just have to watch and see what is happening.
3-27-2014 Intel Guru ScottiG [via dinardiamonds] hearing good things…the Bonds at $ 3.71 are to be out April 1st and Rv can happen any time before or at the same time. Article 8 done and forget the…newspaper articles coming out of Iraq as most of it is “SMOKE”.
3-27-2014 Newshound Guru Millionday [has the budget been passed?] the budget is not in the gazette – they have a deadline of march 30th or it is to be done by majority on the 30th period.
3-27-2014 Newshound Guru American Contractor [Does Prime Minister Maliki own the media in Baghdad?] Prime Minister Maliki does not own any media in Iraq, but what he does he controls what the editors and media will be writing about. He has a staff that oversees all of the media and he does stay heavy handed against the media. He doesn’t like some of the stuff that they write and he does have a great influence on what the medie is going to publish on a day to day basis. I have a media contact & he says that he does control what they say.