Iraqi Dinar Guru opinions 4-3-14
Iraqi Dinar Guru opinions 4-3-14
4-3-2014 Newshound Guru Kaperoni Article: “Central raises for protection of Iraqi funds in U.S. banks” If they let 13303 expire…Iraq would have to make sure they pay their bills, settle disputes, etc. (btw, they are being trained on arbitration etc in May). Otherwise, this money that sits in US bank accounts could be subject to garnishment/judgements. It has always been my position that the US should protect it until Iraq was ready to stand up on their own internationally because these funds are Iraq’s assets which could be used to back its currency. CLDP training for Iraq…is clearly preparing Iraq for international business. I find it interesting the training is [May] 18-22 (the day 13303 expires). Having a legal framework for arbitration is important, especially for WTO accession. This group is educating Iraq for that process. Quietly, Iraq is getting reading to make a splash.
4-3-2014 Intel/Newshound Guru Poppy3 …AGAIN I HAVE BEEN ASK DO I THINK THIS WILL RV PRIOR TO THE ELECTION. WELL IF THEY DO WHAT THEY HAVE ANNOUNCED AND PUT ON THEIR TV, YES. BUT I MUST WARN EVERYONE TO WAIT AND SEE IF THEIR ACTIONS MATCH THEIR WORDS. REMEMBER THEY PUBLICIZED LAST WEEK THAT ALL THE PENSIONS WOULD START BEING PAID ON APRIL 1 AND HERE WE SET WITHOUT A WORD ON THE PENSIONS…AGAIN ACTIONS SPEAK VOLUMES OVER ANYTHING THEY SAY.
4-3-2014 Newshound Guru Adam Montana [I know you have stated the HCL has to happen before an RV but what do you think of the comment I read that states an RV has to happen before the HCL can be funded and implemented?] I think this one is a coin toss – it’s really 50/50 on if Iraq will RV then HCL, or HCL then RV. It could go either way!
4-3-2014 Newshound Guru Millionday there was confusion on the agenda today [Wednesday] for the budget…the second reading…and it has been agreed by all to have it tomorrow with promise to the kurds whom have remained. they have agreed to export the 100,000 per the agreement they made to go ahead with the budget — this is temporary… today [Wednesday] they started the process of putting out the 100,000 barrels of oil by the kurds so we can see through the action the agreement seems to be made.
4-3-2014 Intel Guru Frank26 …three weeks ago [we shared] …that Iraq opened an international trade office in Houston, Texas. Today [Wednesday] the CBI website in Arabic only has announced that this same office will be opening in Basra to ACTIVATE trade with the USA. This is international trade for the Trade Agreement and TISA Agreement…this is a giant step for the MR [Monetary Reform].
4-3-2014 Newshound Guru Adam Montana […if for some chance [Maliki] does win the elections for a third term, would the US step in and stop it, or will they sit back and watch everything just fall apart or is there a bigger picture that we just don’t see.] I can’t give a 100% answer on it, but I tend to think that Iraq is going to go forward and the dinar will rise in value regardless of who wins the next elections.
4-2-2014 Newshound Guru Millionday [After the second reading takes place is there a certain amount of days that they have to wait in order to have a vote on the budget?] not that i have seen — the next meeting of quorum would bring it if that is what they are doing. they have voted many things through the next day.
4-2-2014 Newshound Guru Adam Montana [do you think the new rate will be in the 2014 budget…?] I’ve maintained for years that the budget won’t reflect an RV’d amount until after the RV.
4-2-2014 Newshound Guru Aggiedad77 Article: “Mura’bi Tayfur responding to the demands of the Presidency and the completion of reading the budget” Again, due to a lack of a quorum, it appears the State Law coalition will not show up if the budget is on the agenda at the moment…so today’s Parliament session was a bust…and sounds like tomorrow’s session could be in question if the budget is again on the agenda…
4-2-2014 Misinformed Guru [You said you were expecting this at Thanksgiving/Christmas, why is this time different?] There have been more things accomplished, announcements made in Iraq when they expect it…there’s a lot of things different from the past. It’s clear if you’ve been following the details it absolutely could have happened at Christmas and all this negotioating could have happened after. There is definitely something going on in Iraq today. An article states their economy will change between 1st and 14th. I think everything is lined up right where they want it to be. We are absolutely coming to the end of this process. Everyone is happy. There is no fussing or fighting. Nothing but good news out there.
4-2-2014 Intel Guru Nova [via anonymous] [Guru] Delta read the report that says…the CBI says the IMF gave them permission to go ahead with their monetary reform…This is huge news.
4-2-2014 Newshound Guru Adam Montana [I’ve read one news article that has stated that Iraq is reducing it’s money supply-which would be good for an RV. Then another article regarding the latest large purchase of gold that Iraq is using to maintain the backing behind printing more currency and NOT preparing for an RV. Which is correct? ] The articles that come out of Iraq are constantly contradicting themselves. I don’t see their gold purchase as a bad thing at all! WHY they are purchasing gold is debatable, but I guarantee you they aren’t going to issue a press release stating that they are buying it to prepare for an RV! With that in mind, we have to realize that the conflicting articles are trivial, and we have to look at the fundamentals: Can Iraq sustain a higher value? YES. Do we believe they have reason to do so? YES.
4-2-2014 Intel Guru Delta [via anonymous] the budget is totally finished but we wont see it until the rate changes on the IQD. The CBI does not need to wait on the budget…they are independant of each other and the CBI can release the new rate at any time. IMO, the very latest they could wait to release new rate is May, but if it goes all the way to May, it could be disaterous as the CBI would have to inject more currency into the economy, and the CBI has worked very hard to get the large bills off the streets.
4-2-2014 Intel Guru Delta …report on Iraq from the IMF…confirms that the IMF is happy with Iraq and the rate spread and the IMF is supporting Iraq and encouraging them to go ahead with their monetary reform policy! This report is in the news and announcements section of the CBI…remember that they will never announce “hey, we are raising the rate of the IQD!”, and remember the MR (monetary reform) is mainly for the citizens of Iraq.
4-2-2014 Intel Guru Delta There was an Article IV meeting in Jordan in March and IMO, the IMF gave the green light to go ahead with the monetary reform…The question is will they release it before or after the elections? IMO, it could happen any day, any time of day…just it cannot go past the end of May. There is tremendous pressure for the CBI to release the new rate, and the citizens of Iraq are also under tremendous pressure…IMO, we are in a 60 day window, but we could see the new rate at any time!! …this is a 100% fact directly from the CBI, that the new rate will be released BEFORE JUNE 2014.. Not in June or after June , but BEFORE….we will probably see 2-3 announcements come out and then the new rate.
4-2-2014 Intel Guru Frank26 [via anonymous] Watch for the rate change on the CBI…that is where it will show first…10 currencies will be RVing with the IQD.