Iraqi Dinar Guru opinions 12-1-14
Iraqi Dinar Guru opinions 12-1-14
12-1-2014 Newshound Guru Kaperoni Article: “Saleh: 2016 year is ideal for the deletion of zeros” Remember the CBI is currently going to great lengths to sustain the exchange rate within the IMF guidelines…holding within 2% for the past 30 – 40 days or so. It would be unlikely they would be doing this for a project that is 12 months or more away. Couple of things to remember…Iraq is in an urgent situation to create jobs, investment, stability, rebuild infrastructure, etc. etc. Opening the banking system to the world is key and a critical step that must happen “before” they will have success with all of that. They cannot sit idle for 12 months or more and hope to hold the economy in Iraq together, let along create stability…now is the time! As soon as the laws are in place, we will see the transition.
12-1-2014 Intel/Newshound Guru Poppy3 I HAVE HEARD SEVERAL TIMES SOME PEOPLE ALL OVER THE WORLD SAY …THEY WILL NOT DO THIS UNTIL 2015. TO THIS I HAVE TO ANSWER WITH THE FOLLOWING FACTS: AS OF YET I DON’T THINK IT WILL WAIT TILL 2015. SEVERAL REASONS ABADI AND JUBOURI TOLD ALL OF THEM LAST MONDAY THERE WILL BE NO HOLIDAY BREAK TILL ALL ISSUES ARE SETTLED. IF YOU HAVE NOTICED THEY HAVE NOT TAKEN ONE BREAK SINCE ABADI BECAME PM. HE IS A WORKER AND HAS SAID WE HAVE A JOB TO COMPLETE AND WE WILL NOT TAKE A BREAK TILL IT IS COMPLETED. IF THEY CAN GET ENOUGH DONE AT ANYTIME FOR THE RV IT MATTERS NOT WHEN ACCORDING TO DATES THEY WILL RELEASE. BOTTOM LINE NO ONE CAN SAY WITH ANY FACTS OR ANY CONFIDENCE WHEN THEY WILL REACH THE STATUS NEEDED FOR THE CBI. I HAVE ALWAYS SAID WATCH THEIR ACTIONS NOT LISTEN TO THEIR WORDS AND THEIR ACTIONS SHOW WORK –GET THE JOB DONE EVEN BEFORE ALL SCHEDULED BREAKS.
12-1-2014 Intel/Newshound Guru Backdoc MANY OF THE SAME REFORMS OR PROCESSES THAT IRAQ HAS GONE THROUGH, VIETNAM HAS DONE THE SAME! IN MANY WAYS THEY ACT LIKE BROTHERS! THEY BOTH HAVE LOANS FOR THEIR INFRASTRUCTURE AS OF LATE! IRAQ STATES IT HAS 90 TONS OF GOLD RESERVES, VIETNAM HAS 100! I COULD GO ON AND ON HOW THEY ARE BECOMING MIRROR IMAGES OF EACH OTHER! CHINA HAS SERIOUS CURRENCY CHALLENGES ESPECIALLY AS IT STRUGGLES TO BECOME THE SECOND RESERVE CURRENCY IN THE WORLD!
12-1-2014 Intel/Newshound Guru Backdoc WITH CURRENTLY 18% OF THAT MARKET I SUSPECT IT WILL CONTINUE IT’S STUNNING RISE QUICKLY! WHAT BETTER WAY TO HELP IT ACCOMPLISH THAT BUT BY HAVING A DONOR CURRENCY CALLED THE DONG! SAME FOR THE DOLLAR AND THE DINAR! RIGHT NOW WE ARE WAITING TO SEE HOW LOW THE EMPIRE WANTS THE OIL PRICE TO GO IN RELATION TO HOW HIGH THEY WANT THE DINAR AND THE DOLLAR!! ALL I KNOW AT THIS MOMENT IS THAT IF THE DONG DOESN’T GO AT THE SAME TIME IT MIGHT DO DAMAGE TO ITS CURRENCY SINCE FOLKS LIKE US WILL BE BIG BUYERS!!
12-1-2014 Intel/Newshound Guru Poppy3 [So they would need to have the RV before the 2015 budget?] ACTUALLY NO THEY WOULD NOT HAVE TO BUT WE ARE NOT SURE WHAT THEY CONSIDER A PROPER TIME FOR THE CBI TO TURN IT LOOSE. I SUSPECT THE NEW BUDGET IS JUST ANOTHER STEP ON THE LADDER TO GET TO THE PROPER CIRCUMSTANCES. ONLY TIME WILL TELL BUT I SEE VERY CLEARLY THEY ARE MAKING STRIDES TO GET US THERE AND PROTECT THEMSELVES IN THE PROCESS.
12-1-2014 RUMOR Guru THE KURDS HAVE WHAT THEY WANT. YESTERDAY THE ONLY NEWS THAT HAD ANY MERIT WAS THE SALARIES BEING PAID WHICH SHOULD START TODAY AND THE KURDS WANTING 3-5% INCREASE WHICH IS THE HCL. LOOKS LIKE THE FINAL AGREEMENTS HAVE BEEN REACHED…THE KURDS GETTING WHAT THEY WANTED TURNED THE SNOW MACHINE ON FULL BLAST-YES. GOI + HCL = RV.
Fact check, there are still some major disputes concerning the budget and what the “Kurds” want. Abadi was so mad he walked out of the discussions, that should say it all. I believe that it will all be settled in due time but it certainly is not settled yet.
11-30-2014 TOTAL RUMOR Guru [If we think the budget was not passed because of low oil prices, think again! The US is behind all of this!] YES THAT IS A 100% LIE ABOUT NO BUDGET DUE TO OIL PRICES…IRAQ KNEW ALL ABOUT OIL PRICING BEING RESET AT THE GLOBAL OPEC CONFERENCE IN AUSTRIA ON THURSDAY.
11-30-2014 Intel/Newshound Guru Backdoc WE MAY NOT SEE INK ON IT BUT I BELIEVE THEY WILL PASS THE BANKING REFORM LAWS PRIOR TO ANY OTHER IMPORTANT LAWS OR AT THE SAME TIME IN THE ONE BASKET AS THEY HAVE STATED!
11-30-2014 Intel/Newshound Guru Poppy3 …IN REGARDS TO THE 2014 BUDGET, IT WAS SATISFIED AND APPROVED COMPLETE THREE WEEKS AGO. THERE WERE SEVERAL NEWS ARTICLES THAT CLEARLY STATED THEY WERE COMPLETING AND FUNDING SOME FEW PROJECTS THAT WHERE ALREADY STARTED AND FUNDED WITHIN THE 2014 BUDGET WITH BORROWED MONIES AND ALL REMAINING PROJECTS WOULD BE MOVED TO THE 2015 BUDGET FOR PASSING AND THE 2015 BUDGET
(THIS WAS A EFFORT TO SPEED THINGS UP) WOULD BE AMENDED AND APPROVED IN THE NEXT COUPLE WEEKS. THOSE WEEKS HAVE PASSED AND THE 2015 BUDGET IS IN THE PM HANDS TO BE VOTED ON THIS WEEK.
11-30-2014 Intel/Newshound Guru Poppy3 …ITS BEEN A LONG TIME GETTING HERE BUT I DON’T KNOW HOW THEY COULD MOVE FASTER THAN THE HAVE IN THE LAST FEW WEEKS THAN THEY HAVE. ABADI IS REMOVING OBSTACLES EVERY DAY AND MOVING IRAQ FORWARD IN FINANCIAL REFORM TO EXPLODE THEIR ECONOMY. JUST WATCH AS THIS GUY BRINGS IN OUR HARVEST.
11-30-2014 Newshound Guru Aggiedad77 Even though just a few years ago we were hoping for oil to hit $100/barrel…it makes sense that as the price of oil falls, the Iraqi’s will need to offset that in some manner…raising the rate would seem to be that solution.
11-30-2014 Intel/Newshound Guru Backdoc Article quote: “Iraqi Prime Minister Haider al-Abadi vowed on Sunday in front of the House of Representatives to complete the 2015 budget within 10 days, indicating that the government’s delay in approval was due to falling oil prices.” IMO, THE LOWER THE OIL PRICE GOES IN THE BUDGET, THE HIGHER THE RATE OZ WILL GIVE! HOW LOW WILL OIL GO? MMMMM. MAYBE A BETTER QUESTION IS HOW HIGH DOES THE EMPIRE WANT THE DINAR?