Iraqi Dinar Guru opinions 4-26-14
Iraqi Dinar Guru opinions 4-26-14
4-26-2014 Newshound Guru Millionday the oil conference is tomorrow [Saturday] …it will be a huge announcement with lots of info…oil is very very much a part of the economy in Iraq. the announcement tomorrow is about the entire actual position of the oil agreement in Iraq — today and tomorrow [Saturday] they are having a huge banking conference. The conference will include bilateral meetings between the governor of the Iraqi Central Bank and the executive heads of the Lebanese banks operating in Iraq. 4 more Lebanese Banks applied for licenses to open branches in different Iraqi cities… they are not opening banks and putting these huge investments out for pennies.
4-26-2014 Newshound Guru Millionday the rush to get active membership is in play here once again –WTO — they had to change the reality of their GDP to contain a % higher for other markets…so banking as they expand — will help as well — it will lesson the oil % and add in other areas of industry and retail — service industry – etc…that was the order from the WTO — and they are rushing with actual strategies…one of them is a reality rate and the banking reform done — that is the great news.
4-26-2014 Newshound Guru Aggiedad77 Article: “Central bank: seven Lebanese banks have opened branches in Iraq” During the banking conference this week between Iraq and Lebanon it was announced that Lebanon has opened 7 banks in Iraq….these banks bring up to date technology that can be used to help other banks design similar technologies.
4-26-2014 Newshound Guru chattels [you’re sounding like u feel the elections have more to do with the liquidity event, than not?] we are likely never to know what the real conditions precedent / attendant to our liquidity event are, so we focus on the political, economic and security issues in the country…political in the sense of stability or acceptable composition…and at the same time, wonder whether our event is a function of the international community rather than Iraq.
4-26-2014 Misinformed Intel Guru DC [via a patsy] We are in the exact same place, with everyone in lockdown. Last minute changes took a little time, and now we are in the window. I understand that we are accepting the rate and now rolling it out. We’re in a great place, and the question is exactly when. They have backup plans in place, and we’re going to see positive movement. Security has been sequestered at this moment. We are right there! The RV happened a week ago, let’s just say that. It went live, all the countries have accepted it, the reality is that a few people still don’t want this to happen, but many more do. We’re on the one inch line. We’re just waiting.
Fact check, The RV did NOT happen last week, nor did it happen back in December as they have claimed before, at least if they are going to lie than they should choose a “story” and stick to it.
4-25-2014 Newshound Guru Millionday …one of the other demands for WORLD TRADE — is a REALITY RATE and 1166 is an imposed rate not a calculation — not even close…the reality rate is of course part of these files we are watching them get done for the speedy accession to active membership to the WTO…
4-25-2014 Newshound Guru Tlar Article: “Iraq issued a new currency with a high security specifications” …in addition to the fact that this article states that the new 250, 500 and 1000 are already printed and beginning to circulate, there is one sentence that also confirms what I have been saying for months… Quote “Al-yasseri said the total value of banknotes to be printed about five trillion dinars (2.7 billion dollars) and will inject trading instead of categories used gradually.” The CBI only printed 5 trillion dinars which is meant to cover all the dinar left circulating in Iraq. If there had been 35 trillion as some have suggested because that is a news stock number repeated over and over in articles, they would have printed 35 trillion because their intention is to replace everything in circulation pulling the old notes out. 35 million is every note that has ever been let out of the CBI including the ones you and I hold.
4-25-2014 Newshound Guru Tlar In 2012 Saleh told us there was only 4 trillion circulating and I am absolutely sure that 5 trillion dinars is more than adequately able to handle what’s left with many just being printed in case. What is circulating is less 5 trillion made up of 250′s, 500′s and 1000′s or less. So the CBI felt it necessary only to print the 5 trillion with which will eventually replace all of them with some left over…These are the crossover notes and this printing will be the last of these notes. The people will quickly switch to the new notes because they are afraid of the notes they carry now not being accepted in trade because they are worn, dirty, torn, tattered and written all over.
4-25-2014 Newshound Guru Tlar They are also saying at today’s value that the currency circulating is 2.7 billion USD equivalent. Now compare that with the 100 billion in cash reserves, the 90 tons of gold and the 82 billion in route to the CBI reserves over this year. Anyone care to figure how many times over that the dinar is covered. At 1 to 1 it’s still close to 100 in reserves for each 1 in circulation with a value of 86 cents per dinar.