Iraqi Dinar Guru opinions 11-6-14
Iraqi Dinar Guru opinions 11-6-14
11-6-2014 Newshound Guru Millionday [ I have seen a post…that the RV happened on Friday, and exchanges are quietly going on. That the rate is live, and the banks can see it at $3.58. Any response to these posts?] CBI HAS IT AT 1166. NO ONE KNOWS WHEN IT IS AND HOW MUCH THE RATE CHANGE MAY BE BUT IRAQ AND IT WILL NOT BE A SECRET AT ALL — IT WILL BE ALL AT THE SAME TIME — A RATE OF A CURRENCY IS SHOWN EVERYWHERE — THERE ARE CURRENCY INVESTORS EVERYDAY IN THE MARKET — AND IT IS NEVER A SECRET BEHIND THE SCENES — IT WILL SHOW EVERYWHERE.
11-6-2014 Newshound Guru Kaperoni Article: “The private sector contributes to increase the value of the dinar” Quote: “indicating that it is an urgent necessity, especially that the country is entering a high volume of exports of V.odaa Baidhani at the conclusion of his speech to the revaluation of the Iraqi dinar and the increase its purchasing power because of its profound impact on the development of economic reality and the granting of additional currency strength enhance confidence between the currency markets in the world…” …this expert is saying the CBI has done a great job over the years stabilizing the currency as a requirement (IMF Article XIV) during these difficult development times…and now that the economy is on the verge, the CBI needs to follow the plan and raise the value of the dinar (IMF Article VIII). This is such a super article I am standing up in excitement! Very exciting times.
11-6-2014 Newshound Guru Aggiedad77 Well a quick sort through some of the news today… I think the Iraqis have some good things in the works today…eyes on Erbil for the time being to see what happens in their discussions on oil and gas issues and agreements…can you spell HCL?…
11-6-2014 Newshound/Intel Guru BGG Market rate down to 1198 this AM!! well within IMF guidelines. [What is the significance of the market rate being lower?] It just displays them being in full compliance with IMF – as of now…which is big (of course). 1198 is the market rate – as listed on the CBI website… not the rate listed on the “currency convertors”.
11-6-2014 Intel/Newshound Guru tman23 the Arabic side of the CBI site…is filled with CBI announcements for Iraqi’s…there is no doubt that they are on the move with their currency reform…all the banks are electronically connected and operating…They are way further along than led to believe through media and their chamber of commerce is on overtime/overtime…
11-6-2014 RUMOR Guru The coins are out, the RV is in process, they are being publicly challenged as to why this is not out yet…? We are coming up. Banks are saying its so public in the banking system that they cannot keep holding it back. [Has a new date been proposed?] Yes, but we don’t know when it will actually come out. I’m not thinking January! I hope it doesn’t even wait until this weekend! The rates are there – 3.58 [Dinar] and 1.02 [Dong] or something close to that…They could come out differently, or they could come out just like that. We are in a good spot – this is ready to go, everyone is in position at all levels, and everything has been done.
MAJOR FACT CHECK, There are NO “coins” out yet, they have NOT even been minted. There are NO rates showing at any bank either. The “coins” will be released over the next 5 years according to many reports. Don’t be fooled by these pumpers and get all excited that an RV has occurred, it will be announced for all to see, not from some guru with an ego problem.
11-6-2014 RUMOR Guru The CBI has been held hostage by the US but are now scrolling on television that the currency reforms are in process. There are a lot of very frustrated people asking what the heck is going on because of all the different rates. The coins are being given out, and people don’t understand why because they will not be useful until the RV is public throughout the entire system. Iraq is 100% ready. Good old US of A is who we are waiting on. The UST, IMF and BIS are gearing up for the public reveal. They did exchange quite a few people from Friday evening to last night. It was a mix of contract and international rates. We are told that the banks have paused for a few hours, getting ready for the rush after the public announcements. Everyone is prepared and ready to go NOW. We cannot be specific because we’ve been told there are several windows…we are just waiting on those time lines.
Fact check, Iraq, the GOI, the CBI are not, and have NOT been held hostage by the US, our country has everything to gain and nothing to lose by a major RV of the Iraqi Dinar. I don’t know why these guru’s make this stuff up, it’s mind blowing.
11-6-2014 Newshound Guru Millionday Article quote: “The Director of the Office of the Prime Minister Mahdi Keywords, Center Brief, that the economic reform plan to the government, will emerge during the next two months.” THE ECONOMIC REFORM WILL EMERGE WITHIN THE NEXT TWO MONTHS THIS REPORT STATES — AND IT WAS WRITTEN ON OCT 1ST.
11-5-2014 Intel Gurus Frank26 & Delta …an article posted today [Tuesday] about Vietnam’s credit rating being increased; in our opinions, the IQD will spearhead the increase of some other currencies, and in our opinion, the IQD will go first.
11-5-2014 Newshound Guru Kaperoni Article: “Coins put on the market” Quote: “…the central bank completed its preparations for the issuance of metal coins of seven small groups, in conjunction with the implementation of the project to delete the three zeroes…” Good news for sure..but again…we need the laws. IMO we will never care..since Article VIII and new Exchange Regime will come before any release of coins.
11-5-2014 Intel Guru Frank26 [how much longer can they hide this from us?] It’s like a FIRE CRACKER that has been lit…Thrown but we do not hear nor see the EXPLOSION yet.
11-5-2014 Intel Guru Delta About 3 – 4 weeks ago the people on Kirkut were paid, and mostly in LD’s, including the 250 note; again, this is another indication of how close we are, IMO – at the program rate of 1166, the 250 note is essentially worthless, so why bother?
11-5-2014 Newshound Guru Stryker OIL & GAS LAW, AMNESTY LAW, 2014 – 2015 BUDGETS…I point these out because they show that there is an urgency in passing the laws and budget needed by the end of the year that is needed so economic and currency reform can start the first of the year 2015… know that things are moving in the right direction.
11-5-2014 Newshound Guru Adam Montana After having been involved in the Dinar for so long, there are a few things that I take for granted these days…one of those things is the knowledge that Iraq NEVER gets anything done on time, and that’s actually one of my primary reasons for never giving a “date and rate” type of update. Recently, though… they have proven me wrong a few times, and that started when Abadi came into the picture. I do not think this is a coincidence. In fact, the longer this goes on, the more confident I get that we are finally on the right track. FINALLY! We’ve seen a ton of progress over the last decade, but compared to the last couple months… we were only in 1st gear then. Since Abadi has came into position, I’d say Iraq has shifted to at least 3rd gear, and is picking up speed!
11-5-2014 Newshound Guru Adam Montana One article worth noting is this one: “Parliamentarians: Cancel 2014 budget allocations and transfers some to 2015″ …what it’s telling me is that this “new” Iraq possibly understands that they are behind schedule on the 2014 budget and in order to move forward they need to kick into a higher gear – the easiest way to do that in regards to the budget is to bump some of the issues straight into the 2015 budget. They say the plan is to do this within the month. Combine that with YET ANOTHER positive article on the HCL that finally lays it out in plain terms: There are FOUR items left to decide on the HCL and then it will be APPROVED… again, we’re looking at a very short time before this finally pops!
11-5-2014 RUMOR Guru THE SHIFT TO THE EAST IS MOVING FULL SPEED AHEAD RIGHT NOW (HINT HINT).
11-5-2014 RUMOR Guru WE SAW WHAT HAPPENED LAST NIGHT IN THE POLLS… [do we have to wait until they take office?] YES. 80/20 PROBABILITY THIS WILL GO TO JAN. 2015. I AM A MESSENGER LOOKING AT TRENDS. THE WHOLE SCENARIO BOILS DOWN TO: 1) WHO STANDS TO LOSE? AND WHO STANDS TO GAIN? NOW, FILTER THIS THOUGHT PATTERN THROUGH AND YOU HAVE THE ANSWERS.
11-5-2014 Intel Guru Delta …the most significant element of the sale of a small bank in Iraq to a Kuwaiti bank, IMO, is that it was financed through the IFC (International Finance Corp) which is the World Bank; how can this be done unless the IQD is international? Essentially Kuwait was able to purchase the bank based on information and made a transaction that no one else could do as it’s prior to the release of the rate; this will payback Kuwait at a high rate of return when the rate goes public; this is significant information IMO, this shows us how close we are.
11-5-2014 Newshound Guru tlm724 Article: “Parliamentary Oil announces the arrival of the amended version of the oil and gas law to parliament” *hallelujah* Commission will work to resolve these differences to pass the law as soon as possible in preparation for inclusion on the Council’s agenda and read and approved.
11-5-2014 Intel/Newshound Guru American Contractor The CBI, Central Bank of Iraq conducts daily currency auctions where private banks along with several currency exchange money stores convert Iraqi dinar to US dollars. The private Iraqi banks have clients that have a need for US dollars to pay for goods and services because payment in Iraqi dinar is far too cumbersome for Iraq business owners. Imagine having to pay for materials for a prime power station in Iraqi dinar currency. That’s lot of paper! Iraqi business people like to use the US dollars for the simple fact that it is far easier to use and less notes to handle when conducting business.
11-5-2014 Intel/Newshound Guru American Contractor It is an example of why the CBI will in the future create a large category Iraq dinar banknote of 50k and 100k. When this happens, Iraq business will start to use the Iraqi dinar in business transactions. In Iraq, the Iraqi dinar can be converted to any of the major world currencies at any state or private banks. After the conversion from Iraqi dinar to US dollar an Iraqi based company is allowed to repatriate company profits to any financial institution in the world. This has been happening since 2004, after a handful of Iraqi banks had been approved for SWIFT transactions.