Iraqi Dinar Guru opinions 4-19-14
Iraqi Dinar Guru opinions 4-19-14
4-19-2014 Newshound Guru Kaperoni Article: “Iraq is preparing for negotiations for joining the World Trade Organization in third round” Unlikely they will get accession until the laws are in place and the currency is convertible. These are basic requirements. Wishful thinking on Iraq’s part to think they could gain accession without these. Makes no sense…Parliament has to pass them laws and the GOI (Maliki) needs to stay out of the CBI for monetary reform to get done. We shall see.
4-19-2014 Intel Guru DC I believe Iraq is immensely ready. I believe they are getting ready for celebrations and frankly have been on the edge of ready celebrations for many days now, at least the 15th if not before. A lot of the banks continue to distribute the lower denominations…There are some parts of the country that do not have them so it’s really confusing. All the banks that we know and talk to are very ready and are on call and are ready to go. The delays now are being measured in very short periods of time and they’re also getting harder and harder to justify, to get it done…we’re talking hour to hour, a few hours at a time…when they’re talking about the delays…not days. I am very optimistic about the next few days and I think everybody else is.
Fact check, there is no proof that the denoms are even printed yet, much less being distributed. If they are being circulated in Iraq then there must be several images that would confirm that claim, but there is not any images as of yet.
4-18-2014 Newshound Guru Millionday Article quote: “MP for the coalition of state law Salman al-Moussawi, on Thursday, for the coalition to reach agreement with the Kurds on the Law of the federal budget, And while noting that the position of the last change at the last minute, said that the law will pass in spite of political differences.” [But we don’t know when?] …we do know they said they would have an emergency vote right away…this is one of the reports — lets make sure before we bring out the party hats.
4-18-2014 Newshound/Intel Guru BGG It is my opinion – most of this back and forth over the budget is really a big “blame game” between the parties ahead of these elections. Maliki got some traction with it early – yet his opponents appear to be using his own weapon against him and it looks like he’ll try and ride this “budget train” into Apr 30th.
4-18-2014 Newshound Guru Chattels [new guru] Executive Order 13303 was issued on May 22, 2003 by United States President George W. Bush to protect the Development Fund for Iraq for the rebuilding of Iraq from any legal attachments or liens. Further, it protects Iraqi oil products and interests and ownership by US persons (defined to include US corporations) from attachment as well. Executive Order 13303 also terminates sanctions specified in EO 12722, EO 12724, EO 13290, as it applies to the development fund. In effect, EO 13303 provides an extraordinarily broad legal shield for any and all contractors and mercenaries working in Iraq on behalf of US corporations in any oil related enterprise.
4-18-2014 Newshound Guru Kaperoni Article: “Central Bank: 70 trillion dinar bank deposits” This is a huge article…think about it…if the CBI’s plan was to reduce the money supply they are announcing today that 70 trillion dinar sits in banks. The choice will be..loan it out or reform the currency and raise the value of the dinar. Now is the time with all this dinar out of circulation.
4-18-2014 Newshound Guru wmawhite I too bought the Dong…however, I do not believe that the VND will RV…because, Viet Nam, just like China must export large quantities to fuel their economies. In order to keep their products cheap their currency must be kept LOOOOOW. Again, Viet Nam is very similar to China. It products and export alot, IMO.