Iraqi Dinar Guru opinions 9-14-14
Iraqi Dinar Guru opinions 9-14-14
9-14-2014 Newshound Guru Millionday THE BUDGET HAS BEEN REPORTED TO BE EXPECTED TO BE OPENED OCTOBER 1ST OF THIS YEAR. CBI HAS STATED THAT THEY WILL NOT WAIT FOR THE BUDGET TO MOVE FORWARD WITH THE ECONOMIC REFORMS AND MONETARY POLICY AND WILL USE THE INTERNATIONAL INVESTMENT FUNDS IN THE BANKS TO BEGIN WITH OR WITHOUT THE BUDGET IN PLACE. THE ECONOMIC EXPERTS ARE ASKING CBI TO MOVE FORWARD NOW WITH THE RV. THEY ARE ASKING FOR THE VALUE TO BE RAISED FOR THE COUNTRY AND…
9-14-2014 Newshound Guru Millionday …THE REDENOMINATION TO TAKE PLACE ALONG WITH THE SETTING OF THE RAISED VALUES FOR THE DINAR TO ALL INTERNATIONAL CURRENCIES. THE CURRENCY IS ALREADY PREPARED BECAUSE IT HAS TURKI`S SIGNATURE ON IT — SO IT IS READY OBVIOUSLY . I DO THINK THEY HAVE A DATE SET FOR THE DINAR TO MOVE TO THE GLOBE — A PLAN THIS LARGE WOULD NOT BE CREATED WITHOUT A DATE IMO — WE JUST DONT KNOW WHAT IT IS YET. LOOKS LIKE IRAQ FINALLY THINKS THEY ARE VERY CLOSE SO HOLD YOUR HATS.
9-14-2014 Newshound Guru Kaperoni Article: “Tamimi: the budget will be passed before the 15th of next month” …the way I read it…2014 before October 15th…and 2015 will be sent directly after October 15th. So 30 days to pass the 2014 budget. I would like to see some timeline for the stalled laws as well.
9-14-2014 Newshound Guru tman23 My best guess is there is a more likely chance of seeing monetary change the eve of 10/7 -10/9. The CBI will be closed for four days starting 10/4 (so counting Friday is 5 days). October 8th is the start date of the UST fiscal year (although many will argue it’s 10/1)…Because it is my belief the UST (exchange stabilization fund) would be supporting the RV event and the President can release the ESFunds without the Congress’s approval, but the administration needs to give a full accounting within 6 months…That 6 month deadline accounting will be right before April 15th tax deadline for US citizens…also take into consideration that Iraq said they will start drafting the 2015 Budget 10/15…All in my opinion of course as being the strongest “window” for the event.
9-14-2014 RUMOR Guru At this stage of the Game everybody should realize that Iraq will be releasing LOWER denominations of currency and the BIG notes will eventually go away, just like Zimbabwe, Vietnam, and other currencies. Without going into details, there are several contracts coming due that have to be paid in Revalued IQD this WEEK!!! [sooooo is Santa coming?] YEP.
9-14-2014 Newshound Guru tlm724 Article: “The government program a valuable opportunity” Abadi presented his economic plan, it met the approval of parl, it will launch them into a market economy… a strong economy not only helps the country but helps us as well…wow awesome start!
9-14-2014 Newshound Guru Shredd Article: “The government program a valuable opportunity” We don’t have a timetable but having this program that “included all of the relevant requirements of the transition from a totalitarian to a market economy as a solution represent the challenges faced by our national economy” announced just barely into this brand new government is exciting to see. This shows us the importance and the priority of this program. Moving to a market economy includes a currency that is representative of true value and driven by the market. This is great news for us and again, though we don’t have a timeline, we see this is obviously a priority and this new government wants to distinguish itself as new and progressive. There is much optimism with this new government and with all the ally support against terrorism, we can see it’s a new day in Iraq!
9-14-2014 Newshound Guru Kaperoni Article: “Economist: paper ten thousand dinars new regulatory action to prevent fraud” This statement is not good…”the need to head the central bank to restructure the Iraqi currency and delete the zeros commensurate with the value of the dollar and raise the value of the Iraqi currency against the currencies of countries Jawarwalamlat the world.” When I read this it implies they want to redenominate (LOP) the notes equal (commensurate) to the dollar, then begin to raise the currency value against other countries.
9-13-2014 Intel/Newshound Guru Poppy3 IN CASE ANYONE WOULD LIKE SOME DINAR NEWS I WAS JUST CONTACTED AND TOLD BY AN INTERNATIONAL PERSONAL BANKER THAT HE WAS TOLD THE RV IS SET TO BE ANNOUNCED TUESDAY AFTERNOON LATE AND WE SHOULD SEE IT INTERNATIONALLY BY WED.
9-13-2014 RUMOR Guru Mnt Goat Iraq is still very much on track to see the final group of ministers get voted on this coming Tuesday 9/16. The controversial Defense and Interior ministers along with the other couple ministers should all be seated at this time. After this is completed we will see what impact this has on the RV process. We are still being told they do plan to finally roll out the revalued rate to the international community at this time. I have strong evidence that there was a planned timeline this week to RV their currency but there was a hold on it due to the lack of mainly a permanent defense minister being seated. Seems they do need this “fully” formed government in reality and not just an announcement.
9-13-2014 RUMOR Guru Mnt Goat However if this RV does not happen with days if not hours after these final ministers are seated do not get disappointed. It may only be that they are still requiring more security to be put in place to protect Iraqi borders and provinces. There may also be an issue of implementation of many of the delayed economic reforms. It is all looking very good.