Iraqi Dinar Guru opinions 8-20-14
Iraqi Dinar Guru opinions 8-20-14
8-20-2014 Newshound Guru Millionday IT IS TIME FOR ALL BANKS TO HAVE IT ALL READY TO MOVE TO A MARKET ECONOMY AND ALSO TO IMPLEMENT THE CBI MONETARY POLICY. THEY NEED TO USE ALL TOOLS AND RESOURCES THAT ARE AVAILABLE TO THEM. THIS IS ALL TO ACTIVATE THE ECONOMIC REFORM NOT DREAM ABOUT IT. THEY WILL HAVE MANY RESOURCES…AVAILABLE FOR ALL BANKS AND COMMUNICATION IS AVAILABLE FOR THE MONETARY POLICY LAUNCH FOR THE NEW IRAQ.
8-20-2014 Newshound Guru Millionday THEY ARE SAYING THE TIME IS NOW AND THERE IS NO REASON TO WAIT FOR ALL BANKING — ON-LINE — ATMS–MOBILE PHONES AND E-PAYMENTS AND WIRES — ALL REQUIRING THE ENTIRE LAUNCH OF THE MONETARY POLICY AND INTERNATIONAL ACCEPTANCE. IT WOULD HAVE TO REQUIRE A REALITY RATE WHEN THE INTERNATIONAL ACCEPTANCE AND CONTRACTS AND TRADE BEGIN. THEY WILL HAVE TO MOVE FORWARD WITH THE REMOVAL OF THE THREE ZEROS AND THE REQUIRED VALUE OF THE DINAR — OR IT WILL NOT EQUAL OUT WITH A COMPETITIVE TRADING PLATFORM. THEY ARE TALKING ABOUT THE CONTRACTS BEING LAUNCHED NOW AND THAT THEY ARE READY BUT WE WILL WATCH THE ACTION.
8-20-2014 Newshound Guru tlm724 Prime Minister-designate Haider Abadi, will present his cabinet to the parliament next Monday…on the twenty-fifth of August … pretty impressive and quick for Iraq.
8-20-2014 RUMOR Guru Mnt Goat …all the news still looks very encouraging that next week’s window of 8/25 – 8/31 is shaping up to be an excellent window to hear of the announcement of the completed government of Iraq. I will add that no one really knows a date of the RV we can only speculate from the information we receive. But I have been informed it will coincide closely to the announcement of the new government. We are once again in a very sweet spot to see the RV see something significant happen early next week.
8-20-2014 Newshound Guru Chattels Article quote: “Othman [senior Kurdish MP] made it clear that the Kurdish demands would be high this time…pointing out that “these demands would make it difficult and might delay the process of forming the government for a certain period, but at the end, the government will be formed on a consensus and pleasing everyone.” i caution you not to expect a seated government on Monday as i believe that there is significant “unfinished” business with the Kurds. [Well if he doesn’t give the Kurds what they want we would see a major delay in new government?] delay or no government with the kurds in it…although Othman seems optimistic eventually there will be an agreement.
8-20-2014 Newshound Guru Aggiedad77 …Abadi appears to be keeping his integrity about himself as he goes about making selections for his team of ministers…though it sounds like he has been tempted by some, even threatened by others, he’s holding his own. Abadi wants to be done with his selection process by Monday and be ready to present to Parliament. Maliki still is not gone, and he still seeks what has been his for the last 8 years. Abadi doesn’t appear to be afraid of standing up to the State of Law. Today [Tuesday], not much out of the CBI…so they must be working on something IMO.
8-19-2014 Newshound/Intel Guru Breitling What would be an indicator that we’d know that they were going to revalue? I’ve been talking about it for 3 and a half years. It’s the note count. It always has been the note count…we were hoping chapter 7 would reduce the note count. ch 7, what would it trigger? It would trigger them reducing the note count. That’s what we were hoping for. Article yesterday says…They’re reducing the note count therefore it’s going to help add value to the currency…!
8-19-2014 Newshound/Intel Guru Breitling …Since 2010 they reduced the note count from 9 Billion notes to 6 billion notes…from 6 billion notes to 4 billion notes and then the article that came out yesterday…they are going to go from 4 billion notes to 1 billion notes. Did they take the notes and LOP the zeros off and leave the rate on it? NO! They actually physically got rid of the notes…and the notes that are left are going to gain value. As the dinar goes up they will bring in new notes but that is different…the existing notes will co-exist for 3 years. this is the best article we’ve gotten in the past 3 years!
8-19-2014 Newshound Guru tlm724 We should see the economic reform law as one of the first in line for the new GOI. How can the CBI move forward with the currency reform without the laws in place to protect their great wealth? As infrastructure grows it enhances Iraq’s ability to get the wealth out of the ground, whether it be oil, gold or minerals. The electronic system is now [in] place which was also necessary to move forward and with the help of the Lebanese Banks Iraq is moving forward with international banking standards. It makes sense that the final hurdle is the laws…we all want the RV, BUT I know there are steps that MUST be done to bring about that goal…get the different ministers all set and ready for the passage of the laws then rock and roll baby!
8-19-2014 Newshound Guru Kaperoni Article quote: “…said Dr. Majid academic economic Baidhani to call the bank for banks and companies come through the pursuit of the development of the payments system in Iraq…” Maliki controlled everything. It is good to see they were doing what they were suppose to do in preparation for the day Maliki was gone. Let’s hope that change is coming soon. BTW, this article is referring to “project chunked” which is the electronic payment system that is now activated. Which includes electronic payment, ACH (Automated Clearing House), credit cards, and phone banking.
8-19-2014 RUMOR Guru were still hearing good news, things are still moving forward…
8-19-2014 Newshound Guru Millionday UPDATE ON POPPY: HE IS DOING WELL AND APPEARS TO HAVE NO LASTING EFFECTS FROM THE STROKE BUT THEY ARE KEEPING HIM FOR OBSERVATION. PLEASE KEEP HIM IN YOUR PRAYERS.
8-19-2014 Newshound Guru Kaperoni Article quote: “Abadi will present his booth cabinet to parliament on Monday, Aug. 25, after the progress in political negotiations to form a government.” Well this sounds good. Next Monday we shall see.
8-19-2014 Newshound/Intel Guru Arthur Great to see how many have now come to see how this event is and always has been about the country of Iraq and their political and economic stability per the CBI/AOP…They are now in the process of undoing all the corruption of the former regime. How long that will take can only be guessed but mine would be not extremely long from what I am hearing from sources that are involved in that process among other things. And then there is the factional haggling that is being done regarding all the amendments and adjustments to the current budget which has to have the HCL already in it.
8-19-2014 Newshound/Intel Guru Arthur We also know that the current government has agreed in principle to the disputed territories pertaining to Article 140 as it is currently constituted. We can also factually determine that through this entire process since the elections they have stayed within their constitutional time constraints per the PTB give or take 24 to 48 hours over in naming the current PM Designate. So if they keep with this efficiency, and based on what I am hearing from sources directly involved in the process there is no reason to believe they will not, although they have said they are attempting to accelerate the process as they have been strongly urged by the PTB, they constitutionally have up until Sept 10th/11th to seat all the ministers completing this new government.
8-19-2014 Newshound/Intel Guru Arthur The good news is that they are also working on all the necessary legislation, banking infrastructure, security issues and the budget concurrently in order for everything to be ready for simultaneous implementation all of which will provide the economic and political stability necessary for the CBI/PTB to introduce an international reality rate for the Iraqi dinar “in the coming days”.
8-19-2014 Newshound Guru Millionday Article quote: “Baghdad Municipality obtained the approval of the Ministerial Committee for Services and Construction exceptions to the instructions and implementation of government contracts to refer business to prepare detailed designs for the project to develop the area surrounding the kindergarten Kazimiyah disinfectant radius of 500 square meters, and pointed out that” UNDERSTAND THAT THEY ARE REFERRING TO GLOBAL CONTRACTS BEING LAUNCHED AND THAT IS WITHIN A FEW DAYS —- HUGE…FINALLY GLOBAL CONTRACTS. THEY WILL OF COURSE WANT TO BUY AND INVEST AT A RATE THAT IS FAIR IN TRADE — INTERNATIONALLY RECOGNIZED HAS NOT HAPPENED IN A LONG TIME…THERE CERTAINLY IS ALOT OF CHANGE ON THE WAY — WE HAVE NO DATE OR RATE HOWEVER.
8-19-2014 Newshound Guru tlm724 Article: “Speaker of the House presides over a meeting of the committee tasked to discuss the draft law of the Federal Court” they proceeded with the second reading and have agreed to meet again on Wednesday. there are two things about this that I like: 1. Jubouri is right there with them, he is showing his intentions to make this work 2. …this law is of utmost importance, once they work out the details he will present it for a vote. I just think it is great to see Jubouri front and center in this.