Iraqi Dinar Guru opinions 11-7-14
Iraqi Dinar Guru opinions 11-7-14
11-7-2014 Newshound Guru Enorrste Article: “The private sector contributes to increase the value of the dinar ” Quote: “…indicating that it is an urgent necessity…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 opinion piece says exactly what we have been saying for the last two years… We are not only on track: we are right on track. …I love quotes such as “urgent necessity.” This is the sort of language that gets me to salivate! I hold to my the float will begin shortly after the new year and the dinar will rise as fast as the CBI allows it thereafter. More than that would be an overstatement.
11-7-2014 Newshound Guru Kaperoni Article: “Lower central bank sales to $ 175 million” Quote: “…the Iraqi Central Bank to continue buying and selling dollars at 1166 dinars,” adding that “the sale of remittances price of 1187 dinars / USD…” Good news for sure…and now officially within compliance no matter what numbers you use. The CBI is clearly making a push and it looks like they may be aiming for Jan-Feb timeline if they get the laws in place. Let it come to us!
11-7-2014 Newshound Guru Millionday THE HCL WAS SENT TO PARLIAMENT LAST WEEK…ALL AMENDMENTS ARE DONE.
11-7-2014 Newshound/Intel Guru Arthur Despite the abundance of misinformation disseminated daily, how everything has transpired til now bears out the reality of how GOI + HCL = RV. Everything else either has been completed and implemented or is being completed daily to the culmination of that aforementioned equation which looks to be as close now as it ever has been. The oil and gas dilemma contains a myriad moving parts that was never gonna be an overnight collaboration but is coming together through multiple meetings of multiple minds and components currently in process. The Iraqis are finally just now at a point whereby they are transparently announcing they are in the final stages of completion of this crucial and final element to the revaluation of the Iraqi Dinar.
11-7-2014 Intel/Newshound Guru tman23 This is from Iraqi…He said people speak of coins but they have not seen them…As of 48 hrs ago his brother could not collect pay at ports in Sulaymaniyah (Talibani residence city)…he was told to go to Erbil to collect his pay (3 hr drive)…The ports are suspended and will be announced open after “updates”…He said the foreign currency traders that were present a few days ago are no longer on the streets…the people are told they must exchange with S @%@^* a licensed company approved by the CBI.
11-7-2014 RUMOR Guru This RV should be over in the coming days – if not the next 72 hours…based on all Intel, signs & factual events converging – the RV is imminent. The first Basket it appears may be the Dinar followed shortly – hours or days – by other currencies. However, rates are showing on the screens now. 3 rates for Dinar were being pushed forward weeks ago, so certain folks could benefit. This see-saw of 3 simultaneous rates on one currency has been resolved. What is relevant for us is, what are the rates on my bank’s screens when I exchange. The CBI rates may or may not be relevant. There is no one that can say what the fluctuating rate will be one hour to the next. In other words, if you exchange one note, you are NOT bound to that rate for the rest of your exchange at a later time…this is Misinformation.
11-7-2014 Newshound Guru Aggiedad77 [I had thought that Ismail was sworn in as CBI Gov?] I don’t believe Ismail was ever “sworn in” as CBI governor… just watch and wait to see who they announce and watch that that individual to be officially “sworn in.” As with the case of Turki, they can have someone in place that didn’t really have a great deal of authority… I think at this time, the HCL is more or less in the driver’s seat of things…keep an eye on what the Kurds say about whatever Baghdad brought to them today regarding any potential peace talks regarding oil and gas issues. We’ve all heard Frank [Guru Frank26] on a number of occasions…that if the HCL can ever be approved, completely approved…then we should see the RI “nanoseconds” later.
11-7-2014 Intel Guru Jester WHAT I CAN TELL YOU IS THERE IS SOMETHING DEFINITELY GOING ON IN THE BANKING SYSTEM… WITH THE OCTOBER 15TH DOMINO THAT FELL… I DID NOT TALK ABOUT WHAT HAPPENED THEN AND I STILL WILL NOT…BUT IS WAS HUGE… WAS ON THE SCHEDULE I HAD… AND I BELIEVE WE ARE STILL ON SCHEDULE FOR THE NEXT STEP…AND THAT I AM EXPECTING SOME OTHER THINGS TO HAPPEN LATER THIS MONTH…I DO KNOW “SOMETHING” IS GOING ON DUE TO THE SIMPLE FACT THAT WE ARE ONLY ABLE TO DO CERTAIN THINGS RIGHT NOW IN THE BANKING SYSTEM AND THAT IS EXPECTED TO RESOLVE IN THE NEXT COUPLE WEEKS… I DON’T THINK WE HAVE MUCH LONGER TO WAIT.
11-6-2014 RUMOR Guru …the rate on the screens for Dong TODAY is $2.17 and Dinar is $3.58 – International Rates. (Yesterday the Dong was $1.02 and Dinar $3.58). …there were only a few minor details to work out in some meetings in DC and it will be done. Could be tonight, tomorrow or Saturday, we are very very close…WE ARE NEXT…we are cleared for take off.
11-6-2014 Intel Guru Delta URGENT FROM IRAQIA TV: IRAQI GOV ANNOUNCES TAKEN SEVERAL ECONOMIC AND FINANCIAL DECISIONS THAT WILL PROMOTE INVESTMENT IN THE COUNTRY.
11-6-2014 Intel/Newshound Guru Poppy3 IT IS GOING TO HAPPEN BUT THEY ARE STILL POSITIONING FOR SUCCESS. I EXPECT THE MANEUVERING TO COVER THE BALANCE OF PAYMENTS ON ALL THE 2014 BUDGET THAT THEY CAN’T COVER AND ARE USING A DESPERATE ATTEMPT TO COVER THESE PROJECTS WITH A BOND SALE. THE REST TO BE DETERMINED AND MOVED TO THE 2015 BUDGET AND AT THIS TIME THEY AREn’T SURE HOW MUCH THEY ACTUALLY NEED AT THIS TIME.
11-6-2014 Intel/Newshound Guru Poppy3 TIMING ON THIS CAN HAPPEN AT ANYTIME BUT WE AREn’T PRIVILEGED TO KNOW BEHIND THE SCENES YET. THE CBI AND GOI ARE READY TO MAKE THE MOVE AND ALL IS IN PLACE EXCEPT KNOWING THE EXACT AMOUNTS MOVED AND UNMOVED AND I SUSPECT AS SOON AS THESE FIGURES ARE KNOWN THE CBI WILL RELEASE A MARKET RATE. WE ARE LITERALLY IN THE BEST WINDOW EVER AND EVEN [THOUGH] THERE ARE NO DATES OF TIMING KNOWN IT IS FOR CERTAIN THEY ARE NOW TRYING TO GET THE RATE SET SO THEIR COUNTRY AND ECONOMY CAN MOVE FORWARD.
11-6-2014 RUMOR Guru TerryK WAS TOLD THIS MORNING THAT OUR BLESSING IS THIS WEEKEND…IM HOPING THEY ARE CORRECT. I SEE ALOT OF ACTIVITY AND THAT THE HCL…IS ON THE AGENDA…SO REALLY KINDA EXCITING. [do you think…maybe right before forex closes friday so rate can’t move for a few days?] HONEST IM THINKING TONIGHT MAKES THE MOST SENSE. BANKS IN IRAQ ARE CLOSED TOMORROW. WELL THEY ARE CLOSED NOW BUT WILL REOPEN EITHER SATURDAY AFTERNOON OR SUNDAY MORNING FIRST THING.
11-6-2014 Newshound Guru Aggiedad77 the HCL does appear to be HOT….like a potato…Watch the meeting between Baghdad and the Kurds today…can they bring unity that will usher in the HCL in full agreement…honestly in my opinion….doubtful in just one day…but let this day be the beginning of more good things yet to come…this government is trying to right 8 years of wrong and terrible things…it won’t happen overnight.
11-6-2014 Newshound Guru Millionday THEY ARE SAYING HERE THAT THE HCL ARRIVED IN PARLIAMENT LAST WEEK. THE HCL IS HUGE FOR ONE OF THE OIL PRODUCING COUNTRIES AND THE HUGE % OF THEIR REVENUES THAT OIL IS — FINALLY IT HAS ARRIVED TO PARLIAMENT — WHOOOPOW.