Iraqi Dinar Guru opinions 6-2-14
Iraqi Dinar Guru opinions 6-2-14
6-2-2014 Newshound Guru Millionday this is huge and is titled the FUTURE …from the economic plan for Iraq. Quote: “…oil revenues the focus of the subject and present certainly which is expected to reach 5 trillion dollars in the course of the year 2035, according to estimates…” …Iraq is depended on entirely for the new energy market with their reforms and also the global energy changes. this…tells us the huge position that Iraq will hold in trade and of course economic resolve for the globe. they are stating at this time that the change that Iraq represents is huge for all of the globe and of course for them as well — during the massive press conferences they have informed the citizens of what is to come and they have also now informed it would seem the globe that they are in a hurry…
6-2-2014 Newshound Guru Aggiedad77 Article: “Kurdistan: Maliki rejected all initiatives put forward to resolve the dispute oil” There are many points to this article….but basically with the exception of one point…it is all old news…..the new point is that the Kurds are accusing Maliki of being the one to cause the budget to be postponed until after the elections…this is not some effort of other blocs….primarily believed to have been Najafi’s delay tactics…it really doesn’t matter, the fact is they have sat on their hands for almost 2 months now and haven’t done anything or made any attempt to even look at the budget…meanwhile oil flows out of the Kurdistan and is going overseas to Europe.
6-2-2014 Intel Guru Jester THIS IS A HUGE UNDERTAKING AND THEY ARE NOT WAITING ON ONE THING…THAT IS NOT THE WAY IT WORKS…THERE IS NO ONE THING THAT WILL TRIP THE TRIGGER… WELL SOME DAY THERE WILL BE ONE THING LEFT BUT…THERE IS A SERIES OF EVENTS THAT HAS TO HAPPEN TO MAKE THIS THING WORK RIGHT…AND THAT IS WHAT THEY ARE DOING…IS IT TAKING LONGER THAN THEY THOUGHT…YES…IT IS TIMING AND POLITICS.
6-2-2014 Intel Guru WILDDUCK TIME WILL TELL AND THIS HAS BEEN THE BIGGEST DISINFORMATION WEEK I HAVE SEEN SINCE I GOT IN THIS…LIKE I ALWAYS SAID THIS WILL LIMP INTO VIEW
6-1-2014 Newshound Guru Millionday [Are they doing the budget now and monetary reform along with deleting the zeros in june?] they are doing the budget now and laying it out with the five year plan and the final accounts from 2013. they are calling to move forward with budget and also the vote for the budget is ready but had lack in quorum…they can pass it with majority and told the citizens they were going to — so again they keep contradicting what they say and of course when they will be done.
6-1-2014 Newshound Guru Millionday [they’ve said many times they were ready to pass the budget. What’s different this time? I feel like they’re the boy crying wolf.] they are saying that they will have the budget done and ready before the 14th of june. they need money to move forward and have made it very clear that the only way to get it is to push forward the budget and tariff taxes. [Projects still going on line tomorrow (June 1st)?] the projects are supposed to begin by…the 1st of june per order of the UN — i dont know if they will, but the order was in ink.
6-1-2014 Newshound Guru Aggiedad77 Article: “The appearance of Mohammed Saleh: central bank’s measures will not lead to the stability of the exchange rate of the dinar against the dollar” Dr. Mohammed Saleh is quoted as saying the act by the CBI to allow money transfer companies to buy the dollar without any middle bank being involved will not lead to stability of the dinar against the dollar…he says that this action will surely reduce the transaction costs but will not be seen as a solution…he claims the solution would be to meet the needs of the foreign currency market…he says the action by the CBI will succeed in lowering the price of the dollar.
6-1-2014 Newshound Guru chattels i do believe that the outcome of the PM vote / selection will surprise us, but unfortunately for me that element of surprise does not rule out Maliki.
6-1-2014 Newshound Guru Kaperoni I just want to see gradual appreciation of the dinar based on the economic progress…as the economy grows, so does the dinar. If they implement this “deletion of zeros” it might not be what we want! I would rather see the dinar rise gradually and be assured that the we will eventually see significant returns on the dinar then take a chance on some overnight event that may not end up as we want it to…there is no way to know with absolute certainty that any overnight event would benefit us. But a gradual appreciation of the dinar based on the Balassa-Samuelson effect will! I want to see them raise the value gradually, and when it is 1 to $1 or about, apply the Law of Indebitness to correct all accounting and financial records.
6-1-2014 Newshound Guru Enorrste [At 1187 CBI rate, 1210 is exactly 2% spread, so I dare say we’re compliant, folks.] The only numbers we need to concern ourselves about are the numbers that the IMF is using. Speculation on this matter is interesting, but not highly productive. In the end, when the IMF sees that Iraq is in compliance, then we will see our opportunity. Until then, however, we are all just hoping. Unfortunately, I don’t know just how the IMF looks at this. We have 1166 and 1179 and now 1189 as potential “official” rates. Unless the IMF accepts 1189, however, we may still be a way off in getting in the “compliance” that they are looking for.
6-1-2014 Newshound Guru chattels …anyone who says that it has to happen on or before this date and /or because of this, that or the other, has been WRONG. this event is far too important to be PREDICTABLE. this event is a matter of national security for Iraq, nobody is supposed to know, even Dr. Shabbibi said that he DID NOT KNOW. Shabbibi also said that if he did know that he could not say.