Iraqi Dinar Guru opinions 11-11-14
Iraqi Dinar Guru opinions 11-11-14
11-11-2014 Community Guest Guru DM If you think about what is happening concerning the three zero LOP. It actually happened in the USA! We used to have bills in these denominations, $1,000, $5,000 and $10,000. The USA wanted to get rid of these high denominations bills just like Iraq is wanting to do now. Our monetary value did not change! What happened is the value stayed the same, we got ten $100 bills instead of a $1,000 bill and so on…Until all of the higher denomination bills were out of circulation. This is what I believe is what will happen in Iraq!
11-11-2014 Newshound Guru Adam Montana Awesome stuff coming out of Iraq – it’s getting hot in here! Article: “Iraqi PM’s Office: We Will Reach Agreement With Erbil Soon” This is HUGE! & HCL has been read! Article: “Deputy for the National: oil and gas law has read it and we are waiting for the Commission sent” I’m getting excited – we are seeing more progress in a shorter amount of time than EVER before.
11-11-2014 Intel Guru TD Couple really interesting thoughts shared from my Kurdish friend (as always treat as rumor and do your own homework). My friend indicates that the new commitment of US personnel includes conditions set by the US. While it’s quite detailed and only few know all the details he believes (was told) that the US is mandating that by next summer to see REAL progress of inclusion by the Abadi administration and brokering of deals with Sunni moderate groups in the end goal of unifying the country. This of course coupled by offensive efforts of the Iraqi army to regain much of now ISIS controlled territory. A major area of push in months ahead will be the Anbar province. If within 6-9 months there is no real progress, the US will then be pushing for a federation arrangement within Iraq which the Kurds would be delighted with anyway. In the end a POLITICAL SOLUTION is a MUST for Iraq…the existence of Iraq as a “COUNTRY” remains unclear and with it is all MAJOR economic and social programs to execute.
11-11-2014 Newshound Guru Kaperoni Article: “Al-Abbadi, confirmed the World Bank sought to shift towards the private sector and encourage investment” Quote: “The Al-Abadi said the Bank hoped to achieve what we yearn for in our Government to shift towards the private sector and to encourage the movement of investment, referring to the Bank’s role during the last 10 years in support of joint projects with the Iraqi Government and the private sector.” This article is amazing…the World Bank basically said…we have helped you prepare, and now its time…dont be scared we are with you and now is the time to open the economy. Just amazing article!
11-11-2014 RUMOR Guru TerryK WHAT’S TOMORROW [TUESDAY] NIGHT, 2 AM? [bank sync time.] THAT’S WHAT I GOT [banks are closed tomorrow…so if it shows we wouldn’t see it until Wednesday] BINGO.
11-10-2014 Intel/Newshound Guru Poppy3 …THEY ARE VERY DIFFERENT FROM KUWAIT IN MANY WAYS BUT THEY ARE VERY LIKE THEM IN OTHERS. THE MAIN DIFFERENCE IS KUWAIT HAD A FUNCTIONAL GOI AT THE END OF THEIR WAR AND ONLY TOOK 3 YEARS TO GET BACK RUNNING WITH THEIR NEW RATE, WHERE IRAQ HAS BUILT A COMPLETE NEW GOI AND ARE STILL TRYING TO GET IT RUNNING. I AM SURE THEY KNOW THE RATE RANGE BUT THEY WILL NEVER SHARE WITH ANYONE TILL THE RELEASE.
11-10-2014 RUMOR Guru We wanted to see what would happen over the weekend because we were told it was supposed to bust out over the weekend. Saturday they said that something happened that would affect all of Iraq and that was the RV…but here we are on Monday morning without the RV because someone stopped it. Now we are being told this week, and we’ll have to see what happens.
11-10-2014 Newshound Guru Millionday THEY ARE SAYING THAT THEY WANT TO HOLD THE EXCHANGE RATE AT A STABLE RATE WHICH HAS SHOWN SUCCESSFUL IN THE PAST FOR STABILITY AND THEY EXPECT THAT IT WILL SUPPORT THEM WHILE THEY ACTIVATE ALL OF THE PROJECTS… THEY NEED TO REVALUE THE DINAR AND INCREASE PURCHASING POWER…GOES WITH THE NEWS THAT THEY ARE MOVING FORWARD WITH ECONOMIC REFORM. [IS THIS SAYING THEY NEED THIS TO REVALUE BEFORE THEY IMPLEMENT THE REFORMS SO IT IS READY TO PAY OUT?] IMO — ALL WILL HAPPEN AT THE SAME TIME BECAUSE MONEY WOULD BE THE MOST IMPORTANT TOOL IN THE ECONOMIC REFORM. [so essentially THEY ARE READY 100%?] CBI STATED THAT THEY ARE.
11-10-2014 RUMOR Guru In the USA, the UN guys are jumping up and down to get this done.The administration had everything beautifully lined up…However, everything got delayed again…but we are now back on track and we are back on the rollout process again. Since Friday before last, they have been exchanging people – mainly politicians and bank-invited people. That slowed back down at the weekend and has now taken off again. Exchanges are all over the board. In summary, we are waiting on the US, and now it’s in back in the process and moving on. The rollout procedure is what they are working on now. They have changed it many times now. [Can the IMF force it internationally and leave the US out of it?] They can, but they haven’t so far. I think Iraq will force the IMF to do that. I strongly believe pressures are escalating at an extremely fast pace now…
11-10-2014 Newshound Guru Kaperoni Article: “The arrival of the draft oil and gas law amended to parliament for approval” Quote: “The Commission on oil and energy parliamentary strive to end all differences of political blocs on some paragraphs of the oil and gas law to reach a final agreement and vote on it during the next few days…” Well let’s see if it makes the schedule in the next few days.
11-10-2014 Newshound Guru Millionday HCL IN PARLIAMENT IMO DOES NOT SAY DONE DEAL — IT SAYS HURRY UP AND VOTE… HCL IS IN PARLIAMENT BUT IT BEING PARLIAMENT DOES NOT IMO SAY IT IS DONE YET.
11-10-2014 Intel/Newshound Guru tman23 On Monday Kurdistan Region Prime Minister Nechirvan Barzani will address the Kurdistan Parliament to talk about KRG oil and gas policies and layout the government plans for oil and gas…THIS ALONG WITH THE HCL BEING IN PARLIAMENT SAYS ONE THING…DONE DEAL!
11-10-2014 Newshound Guru tlm724 Some very exciting things are happening in Iraq this week but I want to concentrate on the Investment Law of 2006 for just a few minutes. This law is on parliaments agenda for Nov 11th for it’s first reading. Haidar al-Abadi, head of the Economic Committee in the Iraqi parliament, said that “We hope the new law will boost the Iraqi economy by reducing unemployment, qualified Iraqis to develop Iraqi capabilities, and raising the standard of living of Iraqi citizens in general.” Yes that is the new Prime Minister Abadi! He was head of the Economic Committee. He was the one who helped write this law. He will make sure the economic laws we seek will be presented to parliament and with Jubouri at his side we will see them all come to pass!
11-10-2014 Newshound Guru tlm724 It is noteworthy that this law does not deal with the related issue of investment in the oil sector, where the Iraqi government is scheduled to prepare before the end of the current year a bill and send it to Parliament for approval. This law and all that it affords will turn Iraq around economically and not only will this law help the Iraqi’s but it will assure investors that they are protected and receive tax breaks etc… Talk about creating an atmosphere of confidence, the passage of this law after 8 years on the books will do it!