Iraqi Dinar Guru opinions 9-23-14
Iraqi Dinar Guru opinions 9-23-14
9-23-2014 Newshound Guru Millionday […is the removal of the 3 zeros and the old pre-war exchange rate the only things that is pushing the thought that the reality rate maybe one to one or more? Is there any other fact that’s pushing this high exchange rate number?] THERE ARE MANY THINGS THAT ARE BEING CONSIDERED WITH THE RATE — YEARS AGO SALEH ANNOUNCED THAT IT WOULD BE AROUND WHAT IT WAS IN THE 9O`S WHICH WAS AROUND THE 3`S AND ALSO MANY FEEL AS THOUGH DUE TO THE REGION AND THE STATEMENT THAT IRAQ WOULD BE THE HIGHEST IN THE REGION THAT IT WOULD COME OUT AROUND WHAT KUWAIT IS — WITHOUT THE CALCULATION WE DONT KNOW — THEY HAVE TRIED TO EXPLAIN TO THE CITIZENS THAT IT WOULD BE LIKE USING THE DOLLAR AND SOME HAVE TAKEN THAT AS MEANING THE ONE TO ONE BUT NO RATE HAS BEEN RELEASED — SO NO FACTS ARE INVOLVED.
9-23-2014 Newshound Guru Kaperoni Article: “Agreement on Ameri to fill the interior” Goes to show how decisions in Iraq can change daily like the wind blowing. Yesterday they stated they would not vote on the two security ministers until after the EID holiday, yet today they say they have made decisions on these positions and will vote before the holiday (end of the month). I guess we wait and see.
9-23-2014 RUMOR Guru EXOGEN 1. WE HAVE LITERALLY BEEN MINUTES/SECONDS FROM THE GLOBAL RELEASE WITHIN THE LAST COUPLE OF DAYS ON THE BANKING SIDE 2. WAR STOCKS ARE NOW MOVING NOW THAT SYRIAN AIR STRIKES HAVE STARTED, SO THE GROUP THAT WAS HOLDING THE RV/GCR HOSTAGE GOT WHAT THEY WANTED 3. THE HCL HOLDS ALL OF THE KEYS AND CODES TO THE UNLOCKING OF THE TREASURE CHEST 4. HIGH LEVEL RANKING OFFICIALS FROM IRAQ ARE IN THE USA RIGHT NOW (LOOK AND FOLLOW THEM AND THEIR WORDS CLOSELY) 5. EVERY BANK IN THE WORLD IS 100% IN SYNC & THERE ARE NO MORE COMPUTER GLITCHES 6. MORE HIGH LEVEL PEOPLE ARE GETTING UPSET DAILY THAT THIS HAS NOT HAPPENED YET.
9-23-2014 RUMOR Guru EXOGEN 7. THIS WEEK HISTORY WAS MADE AS THE USD DOLLAR STOPPED TRADING OFFICIALLY AND ALL CHARTS SHOW THE HAULT 8. THERE IS GLOBAL PRESSURE IN MOTION AND MANY ARE READY TO STRIKE THE MATCH… 9. IRAQ HAS BILLS AND CONTRACTS THAT ARE DUE AND PAYMENT IS REQUIRED IN IQD 10. USA BANKS ARE 100% READY AND BANK MEMOS HAVE BEEN SENT 11. THERE ARE LAST MINUTE POLITICAL DEBATES AS WHO WILL TAKE THE CREDIT FOR THE GCR/RV 12. IRAQ NOW OFFICIALLY HAS AN “A” CREDIT RATING 13. THE INTERIOR MINISTER/DEFENSE MINISTER DELAY IS A MANUFACTURED DELAY BY DESIGN 14. THE FINAL MEASURES FOR COMPLETE GLOBAL TRANSPARENCY ARE IN MOTION.
9-23-2014 RUMOR Guru EXOGEN 15. KURDISTAN HAS BEEN GIVEN THE GREEN LIGHT TO EXPORT OIL GLOBALLY AND BARZANI IS HAPPY 16. ABADI IS UNDER IN COUNTRY PRESSURE TO PAY THE CITIZENS, KEEP HIS WORD, AND DELIVER ON TIME AND NOT BE VIEWED AS THE NEXT MALIKI 17. TONS OF LAWS IN IRAQ ARE BEING RESTRUCTURED 18. THE SYRIA STRIKES WILL OPEN UP A NEW DOOR FOR NATURAL RESOURCES, STRATEGIC MILITARY POSITIONING, POWER AND CONTROL 19. THERE IS A PLAN “A” AND A PLAN “B” ON THE TABLE TO GET THIS PROCESS COMPLETED AND DETOUR IF NEEDED 20. THE USN/TRN IS A VERY INTERESTING CREATURE THAT MANY ARE WAITING AND WATCHING. 21. START PAYING CLOSE ATTENTION TO GLOBAL MARKETS, GOLD & SILVER, MARGIN CALLS, DERIVATIVES, AND THE PRICE & VALUE OF THE UNITED STATES DOLLAR AS IT APPROACHES 86 CENTS.
9-23-2014 Intel/Newshound Guru Poppy3 [Is the story then untrue the parliament is not voting till after religious holiday?] THEY HAVE BEEN VOTING ON THEIR HOLY DAYS FOR TWO MONTHS I DOUBT THEY HOLD UP NOW.
9-22-2014 Intel Guru Delta Eid holiday will end on Oct 4, however Iraq could declare additional days. IMO, we’ll see the budget, the 2 ministers, and then the HCL. …why has Abadi been summoned to the USA in 24 hours, and strange that O [Obama] summoned him, but to NYC rather than DC; IMO…if there is more than a security discussion, in his opinion that could be handled on the phone. John Kerry has just made the statement that they will take Iraq internationally – what can that mean aside from an IR, no contracts can be activated or business conducted without the IQD being international so that it can be traded globally. IMO, it’s still possible to see something before the end of Sept or on Oct 1, however no one knows the date.
9-22-2014 Intel Guru Frank26 …not looking for a government, they are already formed and meeting, IMO,…not looking for a budget, it’s already done and been revised, IMO; …looking for laws; the “granddaddy” of all laws is the HCL; IMO, the IR will follow on the heels of the HCL being finalized/enacted. …we may see the budget on Thursday. This week is interesting as Iraq has a payment due to the BIS and must pay in IQD…there are reviews of program rates in April and September, historically rate changes have occurred at this time, and it’s the 10 year anniversary of the program rate. IMO, first looking for the GOI to be seated on Oct 1, not looking for an IR on Oct 1. IMO, the GOI is formed and functioning, they just need to reveal themselves.
9-22-2014 Newshound Guru Millionday [Is it true parliaments last day is sept 25 and don’t return til Oct 8th?] THE NATIONAL IRAQ DAY AND THE HOLIDAY IS NOT A BANKING HOLIDAY OR GOVERNMENT SO I HAVE NOT HEARD THAT THEY WILL BE OFF ALL OF THAT TIME. [When are they scheduled to vote on that basket of currency and economic reform laws?] THIS WEEK THEY ARE SCHEDULED TO VOTE.
9-22-2014 Intel/Newshound Guru tman23 The CBI is closed 10/4 to 10/7…Parliament will be also!!! It is a NATIONAL HOLIDAY. CBI website confirms closed 4-7 [October 4th to 7th].
9-22-2014 Newshound Guru Kaperoni Article: “Determined by the value of the dinar monetary policy” Saleh is describing the definition of the Balassa-Samuelson effect. Quote: “Balassa–Samuelson (BS) hypothesis implies that countries with rapidly expanding economies should tend to have more rapidly appreciating exchange rates.” In other words, the appreciation of the dinar is directly related to the growth (increased productivity) of the economy. Which is what Saleh is stating in this article above. …we will see the dinar rise as they open the market economy. That is a fact…it simply has to because raising the value of the dinar is a monetary tool for the CBI to control inflation which will occur as a result of massive investment. Once they are ready, and open the Capital Account, move to Article VIII and a new Exchange Regime, the CBI’s task will then become one that monitors capital and investment into Iraq. As that occurs, the dinar will rise in value to offset the inflation it creates. The bottom line, is we have to wait for the new GOI to get to that point..and it will still take time..we are talking laws, stability, security so the market economy is a success.
9-22-2014 RUMOR Guru GOOD MONDAY AFTERNOON AMERICA, SHIPS AT SEA AND ALL OUR WORLD WIDE FRIENDS. TODAY, THE BEGINNING OF A BRAND NEW BEAUTIFUL WEEK THAT COULD BE OF HISTORIC PROPORTIONS IN ALL OUR LIVES. THERE ARE SEVERAL MORE THAN POSITIVE OCCURRENCES TRANSPIRED OVER THE WEEKEND. ALMOST TOO NUMEROUS TO MENTION ONE BY ONE BUT IT WAS A CONFLUENCE OF ALL THE POSITIVE MOVEMENTS NECESSARY TO BRING ABOUT OUR DREAMS AND BLESSINGS. STAY ALERT FOR NEWS FLOWING IN NEARLY ON AN HOURLY BASIS. I WILL BE BACK WHEN AUTHORIZED WITH THE DETAIL’S THAT MUST FOR JUST A FEW HOURS BE KEPT PRIVATE.
9-22-2014 Newshound Guru Chattels IMO, …the Kurds…can expect to be disappointed, at least initially, with the response of the new government to the Kurdish demands. …if our event happens anytime soon it will be a surprise to me.
9-22-2014 Newshound Guru Shredd Article: “Claims to reconsider the law of economic reform” Quote: “[economic reform] is a good idea and much needed, especially at this stage that requires the transformation of the economy totalitarian central to a market economy.” Yes, a great article to start off a Monday with! I know we’ve said it many times before, but a market economy means Iraq will have a Dinar that is representative of it’s true value.
9-22-2014 Intel Guru Frank26 [ I believe you are right when you said that Iraq has the last two ministers chosen. An article today said that they will vote on them after the Eid holiday which I believe ends October 14th. You also said in one of your posts that they will not announce them because then they will have to show the rate they have been using. With that logic, it appears that we will not see the IR until after October 14th at the earliest, no?] In a religious land as Iraq is one always has to consider their respect for such holidays. We honestly can not gauge Eid by the last years because nothing happened. IMO, Based on traffic, Noise, Communications within the masques they will be cautious on how much they talk about finances during Eid. Are they waiting for the IR…I Believe they are waiting for Eid to end. IMO, Iraq GOI/CBI is privately… Secretly… Selectively… Carefully talking to Iraqi Citizens. IMO, They are getting help to do this important thing.
9-22-2014 Intel/Newshound Guru Poppy3 I STILL DON’T THINK THEY WILL CHANGE THE RATE TILL THE BASKET OF FINANCIAL LAWS ARE PASSED SO THEY CAN COMPLETE THE WTO PROCESS OF ACCEPTANCE. THAT BASKET IS IN PARLIAMENT AND READY FOR VOTE FROM ALL INFORMATION IN INK . UNKNOWN WHY THEY HAVE NOT BEEN VOTED ON YET BUT THEY ARE EXPECTED AT ANYTIME EVERY MEETING.