Iraqi Dinar Guru opinions 8-22-14
Iraqi Dinar Guru opinions 8-22-14
8-22-2014 Newshound Guru Adam Montana …Abadi has some time remaining to complete his new Iraqi government. The Kurdish members of Parliament had walked out and refused to participate in any government actions last month under Maliki, but…Kurdish leaders are returning to Baghdad to negotiate and take part in forming the new GOI. While some have insisted the government would be formed quickly (like last week!), I don’t see that happening – I believe Abadi and the rest of the parties involved will take the full time allowed, so we will not see a fully formed and seated GOI for about 3 more weeks. Kurdistan continues to show strength and resolve – with the help of outside forces, they have at least partially reclaimed the Mosul Dam from the terrorists and IS looks to be getting desperate.
8-22-2014 Newshound Guru Adam Montana On the financial and political end of the spectrum for Kurdistan, the KRG has successfully exported and sold a total of 7 million barrels of oil so far, with the proceeds sitting firmly in Kurdish banks and nothing going to Baghdad. They currently have 2 tankers sitting off the coast of Texas awaiting a decision by US Courts to allow US companies to purchase this oil… the Government of Iraq has petitioned to block this, but it’s looking like the KRG will win. When that happens, LOOK OUT! Kurdistan is currently producing 300,000 barrels per day and they are projected to go higher. With their pipeline to Turkey making it completely possible to export and their list of buyers for the oil they can produce, it’s going to put a LOT of pressure on Abadi to push the HCL through and get the country working together… all good for Iraq and also for the value of the Dinar!
8-22-2014 Newshound Guru Millionday THE FORMING OF THE GOV IS A VERY HARD STEP AT THIS TIME — BUT ABADI IS THE MAN FOR THE JOB IF YOU ASK ME – HE SEEMS TO BRING CALM AND CAN EVEN GET PEOPLE TO COME TO WORK — HE IS RESPECTED AND IT SHOWS SO THIS IS THE BEST CHANCE FOR A GOV TO BE FORMED AND END UNIFIED — IT APPEARS THAT THE CITIZENS HAVE TRUST IN HIM AS WELL. EVERYTHING SEEMS TO BE MOVING ALONG VERY FAST AND THEY ARE GETTING SO MUCH DONE IT IS SHOCKING.
8-22-2014 Newshound Guru wmawhite [do you think we will see the government Monday August 25?] It appears Abbadi knows what he is doing and he just might pull this off come next week.
8-22-2014 Intel/Newshound Guru tman23 Nobody knows when the CBI will introduce the monetary change that includes a new rate…The most notible fact we have is that the GOI must begin drafting their 2015 Budget mid October. That fact alone tells us that the CBI needs to give them the new rate for the currency before the drafting of the 2015 budget, if in fact the CBI has plans to raise it substantially, which dinar speculators believe to be the case.
8-21-2014 Intel/Newshound Guru tman23 I was told that on August 22nd there would be a financial change…Now of course the 22nd is a Friday in Iraq but as we witness they appear to have the ministers ready to go for the presentation in front of Parliament. Guru talk has always mentioned 10 days before the rate shows, like Kuwait, yada, yada, yada…But it is amazing that Sept 2nd will be the 10th/11th day from the 22nd date I was given…And I believe they would open the rate at the beginning of a month and not the middle…So I wait with anticipation for 9/2.
8-21-2014 Newshound Guru Enorrste Article: “Maliki to Italian Prime Minister: I will support the Government of Abadi and stood at her side” Am I the only one who sees in this article this “ominous” quote (?): On the next government, Maliki said he will stand at their side and will be supported by any of the site was as if he was prime minister. To me this reads as if Abadi may not be as independent as we would like to believe. I am particularly disturbed by the “as if he was prime minister” comment. Think about it: all of sudden Maliki turns in to Mr. NiceGuy? Huh? Something smells fishy here, and it gives me pause…
8-21-2014 Newshound Guru Millionday Quote: “To / all banks licensed money transfer companies approved all mobile phone companies (instructions for electronic payment services, money ) 18/08/2014 To / banks authorized to exercise all banking (share broker companies buying and selling of foreign currency ) 18/08/2014″ WHEN YOU GO TO THE BANK AND WIRE MONEY OR PAY BILLS OR EXCHANGE YOUR CURRENCY FROM A TRIP — IT IS NORMAL ACTIVITY – AS WE KNOW THIS IS NOT NORMAL IN IRAQ DUE TO THE LACK OF INTERNATIONAL RECOGNITION. SO THIS IS HUGE FOR IRAQ AND FOR THE ECONOMIC REFORM IN THE WAY OF BANKING REFORM AND THE MONETARY POLICY. THIS IS HUGE PROOF THAT THEY ARE MOVING TO ENTER THE GLOBE BY BEING ABLE TO WIRE MONEY THROUGH SMART PHONE APPS — ELECTRONICALLY – AND ALSO SELL AND BUY FOREIGN CURRENCY.
8-21-2014 Intel Guru Frank26 Article: “A member of the interim financial: the amount of the budget deficit in 2014 will reach 87 trillion dinars” Are they insane…Or using two sets of books because IMO they NEVER printed that many dinars in 04. Not even with the new notes printed 2 years ago with Kurdish language can add up to these illogical number. […how long they can continue to use 2 books?] Forever…But that would be futile. There is too much evidence they will NOT stay at 1166.
Fact check, The deficit is not in physical Iraqi Dinar notes but in electronic numbers, just like the US has a 17+ trillion dollar deficit, we don’t have that much physical currency either.
8-21-2014 Newshound Guru wmawhite one example I use about Iraq needing to improve the value of theIQD is the 340,000,000 Euro electrical power generating plant in this year’s budget. Iraq is unable to pay for that power plant in Euros or USD or even the IQD because at 1166 IQD per 1 USD Iraq will go broke in a matter of months.
8-21-2014 RUMOR Guru EXOGEN Article: “The Economist explains How Jackson Hole became such an important economic talking shop” Quote: “The papers and panels at each conference are organized around a theme; this year’s is “Re-Evaluating Labour Market Dynamics”. [Hope they are talking about an RV sometime soon?] ON AUGUST 21st many of the world’s most powerful financial players will gather for three days in Jackson Hole, a mountain resort in Wyoming. The annual conference, which has been going on since 1978, is a chance for central bankers, finance ministers and academics to talk about the world economy in a public but informal setting.
8-21-2014 RUMOR Guru TerryK CBI STATED IN A PRESS STATEMENT THAT THEY WOULD MOVE FORWARD WITH THE ECONOMIC REFORM. HEARING ALOT OF GOOD STUFF ABOUT TONIGHT. M [MALIKI] IS STILL PLAYING WITH THINGS, UNTIL HE IS TOTALLY OUT OF THE PICTURE ITS HOLDS THINGS UP. UN WANTS HIM OUT OF THE PICTURE 150%. I DO THINK THAT WE STAND A GREAT CHANCE OF THIS GOING DOWN TONIGHT OR IN THE WEEKEND ACCORDING TO WHAT THE SOURCES ARE TELLING ME.