Iraqi Dinar Guru opinions 8-28-14
Iraqi Dinar Guru opinions 8-28-14
8-28-2014 Newshound Guru Millionday [Is the 2014 budget figured for the last 4 months of this year?] YES — FOR THE LAST OF THIS YEAR ONLY. [Interesting that it’s for 4 months and starts on the 1st of September, and not before.] THE IPOS ARE BEING LISTED ON THE ISX ON SEPT 1ST AS WELL. THEY ARE REPORTING AS IF THEY ARE IN A HUGE HURRY WHICH THEY SHOULD BE. [Do you believe the HCL is in the budget?] THE HCL IS A SEPARATE LAW BUT THERE HAVE BEEN REPORTS THAT IT WILL BE VOTED ON AT THE SAME TIME — WE WILL HAVE TO WAIT FOR THE ANNOUNCEMENT, IT IS THE OIL AND GAS LAW. THE KURDS ARE HAPPY AND THEY ARE DOING THE ARTICLE 40 HCL AND THE LAUNCH OF ALL DISPUTED AREAS. THIS REALLY IS GREAT — THE NEWS IS VERY POSITIVE.
8-28-2014 Newshound Guru Kaperoni Article: “The most prominent leaders of the Dawa Party .. reveals Maliki scheme to restore the third term!” Quote: “Maliki lives in a state of hysteria since announcing the withdrawal of his nomination to this day, and imagines that he has a great popularity in the Iraqi street, and people ready to sacrifice his life for him in order to return as prime minister,” …he does not have a chance…but I believe this statement to be “very” true.
8-28-2014 Newshound Guru Chattels [I don’t think M is out?] …Maliki is still the incumbent Prime Minister, he has not resigned. Maliki’s position is akin to a “lame – duck” President in our system. His executive position ends upon the seating and swearing of the Prime Minister – designate and his Council of Ministers by a majority vote of the Parliament.
8-28-2014 Newshound/Intel Guru BGG Exchange rates ( 1,201 Market Rate * NEW * ) This is new. Prior to today [Wednesday] most of this “it’s happening today…” business couldn’t have been possible. Without there being an IMF compliant spread in place they would have had to act very quickly to make any rate increase work. As of now they are either in compliance or within 1 Dinar (current value) of being there.
8-28-2014 Newshound Guru Millionday [could anyone explain to me the article Saleh put out about the coins … in short was it the coins = new value?] IT WILL REQUIRE A NEW VALUE WITHOUT THE THREE ZEROS IN ORDER TO BE USABLE. [Will the coins postpone the RV?] NO THE DATE OF THE IRAQ`S ENTRY TO THE GLOBE IS SET — THE PLAN IS VERY LARGE AND WOULD NOT BE PLANNED WITHOUT A DATE.
8-28-2014 RUMOR Guru EXOGEN INTEL SNACK…1. ADABI HAS MADE THE ANNOUNCEMENT OF THE GOI 2. THE CRITICAL LAWS NEEDED IN IRAQ FOR MONETARY REFORM ARE COMPLETED 3. THE GLOBAL STRIKE ON ISIS HAS INCREASED WITH NEW FOCUS ON SYRIA 4. THE EM’S (Emerging Markets) HAVE BEEN RELEASED INTO ALL GLOBAL FINANCIAL PLATFORMS 5. THE USN’S ARE NOW LOCKED AND LOADED FOR GLOBAL RELEASE 6. THE GRINCH HAS PUT CHRISTMAS BACK IN PLACE AND ON SCHEDULE 7. GLOBAL CENTRAL BANKS ARE ON HIGH ALERT 8. PAY CLOSE ATTENTION TO THE BRETTON WOODS MEETING NEXT WEEK.
8-28-2014 Newshound Guru Blueyesinlevis Someone described the situation in Iraq as a “moving target”. I think that is accurate. I myself am feeling very encouraged…the developments have been extremely good… and my own window is anytime from the seating of the GOI to January 1st. That is my focus… right now.
8-27-2014 Newshound Guru Millionday “Abadi demanding Kurdish forces to submit the names of candidates for the ministries, but we as Kurds have a government program that includes the Kurdish demands, and we will try to 09.09.2014 in the formation of the government.” ABADI HAS STATED THAT IT WILL BE COMPLETE BY THAT DATE. [If Abadi cant form his GOI by the 10th does that mean the process starts new again with someone else?] HE HAS PASSED HIS TIMELINE OF ACCEPTANCE — IT IS WELL ON ITS WAY. [Has Abadi been sworn in?] THERE WAS SOME TYPE OF MEETING OF ACCEPTANCE BUT HE WILL BE SWORN IN AS A GROUP WITH ALL MINISTERS AND HIS GOV ENTITIES. Article quote: “Referred to it by the day there will be a half month period specified in the constitution to form a government after commissioning Abadi has ended and stayed 15 days in front of him to get the job done…” HE IS COMMISSIONED AND NOW HAS 15 DAYS TO BE SWORN WITH ALL OF HIS MINISTERS. WHEN THE MINISTERS ARE PLACED — IT COULD BE EARLY THEY CAN CHOOSE. HE HAS UNTIL SEPT 9TH
8-27-2014 Intel/Newshound Guru Poppy3 RECENT SOLID RUMOR FROM BAGDAD BANK — STATING THAT THEIR BANKS ARE TRAINING THEIR TELLERS TO USE THE NEW DENOMINATIONS. NO TIME DISCUSSED AS TO WHEN THEY WILL NEED THE TRAINING BUT STARTED THIS WEEK DOING THE TRAINING. I REPEAT…THIS IS RUMOR AT THIS TIME BUT I THOUGHT THIS IS VERY INTERESTING AND VERY POSITIVE FOR US. I DON’T EXPECT A RV THIS WEEK NOW FOR SURE BUT HOPING NEXT WEEK THEY CAN FINISH WHAT THEY HAVE STARTED AND BEEN SO DILIGENT TO WORK ON. TIME WILL TELL.
8-27-2014 Intel Guru Frank26 IMO, The rate is already released and working in secret with the GOI that meets in secret. Therefore I am saying WHEN the GOI announces itself …We will see a BUDGET and a RATE joined at the hips. Many are looking for the GOI formation. I am looking at the CBI only.
8-27-2014 RUMOR Guru As of last weekend and Monday, everyone is geared up and ready. The PM did make an announcement about the horrible bombings in the mosque and some statements about the GOI being nearly done, etc. That was on Monday, and everyone else in the world is ready, just waiting on those announcements to go forward. We understand that things are moving behind the scenes this last week. They did publish the GOI in the Gazette this weekend…which makes it official and sealed it. Today is largely just waiting. This morning, he just said “It’s about to be done”, without a timeline.
8-27-2014 RUMOR Guru The bottom line is that we’re ready to go. Last week the PM twice said he would make scheduled public announcements, and the celebrations were scheduled. They were moved by 48 hours, each time. We are now down to 48 hours. We know the events are stills scheduled as of this morning. There are still meetings going on and we will see what happens. They have already chosen the moment, we just don’t know when it will be.
8-27-2014 Newshound/Intel BGG [the 1201 market rate is a good sign for us, isn’t it? How long do you think it must stay in the margin before it is considered safe by the IMF for the RV to move forward, IYO?] Very good sign. However, I have no idea what is on the IMF agenda – neither does anyone else.
8-27-2014 RUMOR Guru Mnt Goat Tuesday 8/26, MP of the state of law coalition, Abbas al-Bayati said that Abadi received the names of the candidates from the political blocs. Abadi then confirmed in a press conference that he will be able to provide the new government before the end of the constitutional period, which ends on 9/9… There we have it, a new target given to us by the prime minister. Let’s hope there are no more delays. I believe they do not need to take this much time and so I would guess we can expect some announcement probably next week, maybe on 9/2 or 9/3. Again this is my guess from what I know.
8-27-2014 RUMOR Guru Mnt Goat So we now wait and see if they live up to completing the government by the required constitutional timeline. I believe the government is very much all but done and seated. All they need is to fine tune it and complete it so they can announce it to the world. Many of you asked me if a formal, public announcement is necessary and the answer is a big fat YES. I do whole heartedly believe that the RV rollout will be completed just prior to or just after this announcement.