Iraqi Dinar Guru opinions 12-3-14
Iraqi Dinar Guru opinions 12-3-14
12-2-2014 Newshound Guru Enorrste Article: “Saleh: 2016 year is ideal for the deletion of zeros” The “project to delete the zeros” is the actual removal of the large notes. This cannot take place at the same time the float begins, but instead must occur AFTER the float has begun. I see no impediment to a float beginning in January or so…Once the banking laws are passed, and they are nearing completion on them as I write, then the CBI can begin the float, IMO.
12-3-2014 Newshound Guru Kaperoni Article: “Central Bank: Amendments in the bank and banking laws and reached the final stages” [And now HCL is done!] HCL agreed upon. Not done till voted on.
12-3-2014 Newshound Guru tlm724 Article: “Cabinet approves oil agreement between Baghdad and Erbil Section” Quote: “In the NBA came to us just said that the Council of Ministers approved the oil agreement between Baghdad and Erbil” this agreement between the federal government and the Kurdistan Regional Government is an extraordinary event in the history of Iraq! it is a real agreement! It will further the final agreement on the HCL and we should see the budget presented any day as well, wouldn’t surprise me to see it this week imo…Abadi has Iraq on a fast track, that is obvious! this is reconciliation at it’s finest, total unity in Iraq, an agreement that has been debated and argued about for years and now it is done.
12-3-2014 Newshound Guru Bondlady “Cabinet approves oil agreement between Baghdad and Erbil Section” Quote: “In the NBA came to us just said that the Council of Ministers approved the oil agreement between Baghdad and Erbil” huge stuff there. they get their 17% and a ton of dinar for the Peshmerga army and they get to export…and they pay more oil to Baghdad too. they are all fighting now too for the same goal and together not running wild every which way, team work! [so can we say the oil law is passed and is official?] not yet but it is very close. They just jumped the hardest hurdle and I think the rest will go pretty smoothly.
12-3-2014 Intel/Newshound Guru tman23 Article quote: “The Council of Ministers held its twelfth regular meeting on Tuesday chaired by Prime Minister lone Abadi…the Council of Ministers decided to approve the agreement between the Federal Government and the Kurdistan Regional Government, which was attended by Prime Minister Haidar Al-Abbadi, Chairman of the Federal Kurdistan Regional Government nechirvan Barzani…” That should end the debate of a HCL agreement…All oil belongs to IRAQ…and the Kurds agree! Barzani attended the CoM meeting with Abadi…So now is it the correct time to say DONE DEAL!
12-3-2014 Intel Guru Frank26 12 that are the Central Banks of This World…YES It is now SECURE enough to release the Horse from The STABLE! I pray that what You see at the CBI and GOI has caused You 12 favor in a new RI rate for the IQD.
12-3-2014 RUMOR Guru THE LAST CALL RECEIVED FROM “INTEL HANDLERS” WAS “HO HO HO…BE READY” HIGHEST ALERT EVER!!! HCL + GOI = RV.
12-3-2014 RUMOR Guru [WHAT IS THE CONTRACT RATE FOR THE VNN?] THERE ARE NO OFFICIAL RATES UNTIL ALL IS LIVE…LAST WE GOT ON VNN RATES WAS 57 CENTS TODAY. [Can anyone tell us if there will be places to exchange in hawaii? Any location?] ONCE THE RATES ARE LIVE THERE WILL BE EXCHANGE BANKS GLOBALLY. [“U.S. Congratulates Iraq on Hydrocarbon Agreement” What does this really mean?] THE BEST NEWS EVER AND HISTORY HAS BEEN MADE IS WHAT THAT MEANS.
12-2-2014 TOTAL RUMOR Guru TerryK IM HEARING NOTHING BUT GOOD STUFF…LIKE ANY TIME…AGAIN. [Is the drop in oil price part of the GCR process?] YES IT IS AND IS GOOD FOR THE GLOBAL ECONOMIC RECOVERY. [so the new year should be good for the Iraqis and hopefully us?] I WOULD SAY BEFORE BUT NO LATER.
Fact check, the drop in oil prices has absolutely nothing to do with a so called GCR, do you know why? There is no such thing as a “GCR” (Global Currency Reset). The reason for the drop in oil prices is obvious, more supply than demand, simple economics.
12-2-2014 Newshound Guru Enorrste I am simply amazed at the relative speed at which Al-Abadi is moving! Of course Maliki was no standard to measure by, since he had the brakes on his entire administration. But Al-Abadi is managing to move on many fronts at the same time (battling ISIS, working with the Kurds, getting banking laws passed, and bringing small private investors into Iraq, for instance). I have a strong feeling that the first quarter of this coming year will see some significant gains in the value of the dinar. I personally expect the float to begin in January. Of course, I could be wrong.
12-2-2014 RUMOR Guru Mnt Goat Ongoing Budget Saga Update…As you may have heard the Budget was not passed on Saturday 11/29. This was due the readjustments needed for changing oil prices. Abadi did however say that they would work in the next 10 days to get it done. Remember also that parliament was supposed to go on a 30 day recess beginning Dec 1st. So we know they must conclude this effort quickly. I believe they will have a budget in 10 days.
12-2-2014 RUMOR Guru Mnt Goat Resuming the Project to Delete the Zeros…I could hardly believe my eyes when I saw an article come out late on Sunday 11/30. WOW! I have been waiting to hear this news now for a long time. Iraq has decided to continue the project to delete the zeros… they had to continue this project prior to any RV happening. This is why I am so excited. I am also excited because Dr Shabibi (remember him…the former head of the CBI) is back and he was exonerated from any crimes over the weekend. He has officially retired but is still helping out with Iraq until this project is fully completed. They needed him back to do this RV. I fully believe and will stick to my guns on this one.
12-2-2014 RUMOR Guru Mnt Goat I still believe Iraq is literally very much on the verge of bringing back their currency online to a global status. However my USA contact now says it may be late December or early January before it is finalized on the public exchanges. Iraq will make their needed announcements and it will show up on the exchanges. Could they pop this out prior to Christmas to the general public? Yes – I believe anything is possible but first I know they want to get all the registered groups exchanged first. They are about complete with that now so it could happen before Christmas. I believe we are in a rare opportunity and window like never before. In the coming days we should expect the RV.
12-2-2014 Newshound Guru Kaperoni Article: “Iraqi markets will not be affected by rising global value of the dollar” [They have talked about pegging their currency to the gold & I believe 5 other world currencies…do you think they will go to this peg in the beginning of float or gradually slid into this after several months?] there is no proof whatsoever that Iraq will peg the dinar to any other currency, basket or gold. In order for the dinar to become a “reserve currency” (as stated by Saleh) it has to free float in which its true valued is determined by market forces and supply and demand.
12-2-2014 Newshound/Intel Guru BGG …my comments about an HCL being “as good as done” might not have been so off the mark after all? My take – things are moving much faster than we can keep up with (from here).
12-2-2014 Intel/Newshound Guru tman23 December 31st the books close on the year 2014…January 1st is the NEW FISCAL YEAR for Iraq State Banks…They have STATED many times that the APPROPRIATE time to lift the zeros is at the START of the year…NOT in the middle of a months or quarter…That is in ink several times! They have been working overtime in financial institutions but no leaks on currency rate changes etc…If the plan is by the 1st of the year…it will have to happen a week or two before for book keeping and ease of transition.