Iraqi Dinar Guru opinions 12-18-14
Iraqi Dinar Guru opinions 12-18-14
12-18-2014 Newshound Guru Mailman17 FIRST OFF…THE CBI HAS NEVER DONE ANYTHING LIKE WHAT WE ARE SEEING DONE WITH IRAQ. IMO…THE 2% RULE IS ONLY A GUIDELINE AND NOTHING MORE. IRAQ HAS ALREADY PROVED FOR YEARS THEY CAN MAINTAIN A STABLE RATE WHILE KEEPING INFLATION IN CHECK. AND THAT IS THE ONLY THING THE IMF WAS WORRIED ABOUT. THIS KIND OF RV AND WEALTH TRANSFERENCE HAS NEVER HAPPENED IN HISTORY, SO THE 2% RULES MEANS NOTHING IMO.
12-18-2014 Newshound Guru Mailman17 IF IRAQ HAS BEEN PEGGED TO GO ON THE 1ST OF JAN…THEN THEY WILL…PERIOD. AND THAT IS EXACTLY WHAT THE INK IS TELLING US. IF ANYONE CAN SHOW ME AN RV THAT HAS HAPPENED OF THIS MAGNITUDE…THEN SHOW IT, DONT BOTHER LOOKING…ITS NEVER HAPPENED EVER. WITH THE FILS IN PLACE AND SMALLS RIGHT BESIDE THEM I ALSO EXPECT A FIXED RATE UNTIL STABILITY THEN THEY CAN FLOAT IT ON THE MARKET. AND FROM WHAT I SEE…A 1 – 1 HAS BEEN THEIR GOAL FROM DAY 1 AND ALWAYS HAS BEEN.
12-18-2014 Newshound Guru Adam Montana [With the price of oil crashing at this time, how is this going to effect any RV that most are expecting over the next few months?] The price of oil has dropped dramatically, and it will definitely affect the potential rate for Iraq. In the past I had entertained the possibility of an RV higher than my .10 analysis, but at this time… I don’t think that’s possible. With oil prices so low, at .10 they can come out swinging strong, but at $1 they would be teetering precariously… and that’s not what the CBI will do. Now, this might seem wrong to people at first glance… so read this next bit with an open mind. The GOOD thing is that oil won’t stay low forever. Gas prices will rise. YES, that’s a good thing. And when that starts happening, Iraq’s profits will rise, and the value of the IQD will follow suit. You see where I’m going with this?
12-18-2014 Newshound Guru wmawhite …just a reminder that ALL prohibitions against Iraq and the assets of the Central Bank of Iraq were terminating on May 17, 2014. Here is some of the text: QUOTE: “The President signed an Executive Order (E.O.), “Ending Immunities Granted to the Development Fund for Iraq and Certain Other Iraqi Property and Interests in Property Pursuant to Executive Order 13303, as Amended,” terminating the prohibitions contained in Executive Order 13303 of May 22, 2003” Terminating the Prohibitions, meaning that all financial prohibitions that have prohibited Iraq from conducting their own financial transactions have been lifted. Iraqi is now free to re-enter the world markets. Banks worldwide are now able to conduct financial instrument transactions, transfer companies may now be approved to work directly with the CBI, Article IV and Article VIII of The Article of Agreements should now be completed or soon will be. …the important part of this announcement was that it was published via the Office of Foreign Asset Control… (OFAC)…these are the folks that tell our financial institutions who they can do business with.
12-18-2014 Intel/Newshound Guru tman23 The Qi card holders are being told that they will be able to use them in ATM’s outside Iraq “soon”…I am following activities but news is all vanilla…IMO we are in the moment of any day now!! IMO I will be red hot ready between the 27th and 1st if it doesn’t show itself sooner…I am expecting that if Iraq is to go international that they will initiate the change the last week of December…And before New Years opening markets.
12-18-2014 Newshound Guru Millionday THE MEETING WITH THE UN ON THE KUWAIT MONIES WILL BE DONE TOMORROW [THURSDAY]. THE BUDGET WILL GO TO PARLIAMENT ON THURSDAY… AND WE HAVE THE CALL FOR ALL REFORMS TO BE ACTIVATED. WE WILL SEE WHAT COMES FROM THE MANY MOVES WE SEE COMING DOWN THE PIPE WITH THE STOCK MARKET AS WELL.
12-18-2014 Newshound Guru Mailman17 IRAQ HAS BEEN PEGGED FOR THIS RV FOR A LONG TIME. ALBEIT IRAQ HAD A HELL OF A CLEANUP TO DO AS IN CORRUPTION AND MONETARY AND ECONOMIC STABILITY, BUT THEY ARE DONE. THE PTB HAS HAD THIS PLANNED AND IT WILL GO FORWARD, AND NO LITTLE 2% STIPULATION IS GONNA STOP IT. THE IMF HAS IN PRINT SIGNED OFF ON IRAQ. IRAQ HAS MADE THE LAST HURDLE TO TRUE SOVEREIGNTY AND THEY SHOULD TAKE THE STAGE TO THE WORLD JAN 1. PEOPLE SHOULD FOCUS ON MORE THAN 1 ARTICLE AND LOOK AT THE WHOLE PICTURE. LOOK AT ALL THE PIECES TO THIS PUZZLE. IMO…WE ARE DONE…THEY WILL DEAL WITH MALIKI AND THE OTHERS DOWN THE ROAD BUT THEY ARE NOT THE PRIORITY RIGHT NOW.
12-18-2014 Newshound Guru Kaperoni Article: “Deletion of zeros in 2014 .. project is ready and implementation of a deferred…” Let me just express my thoughts on this…and I am sure it get some all up in arms…I am still not 100% convinced that this delete zeros is a good thing for us. And I believe the reference (in other articles) to “monetary illusion” confirms that Shabibi may want to LOP or redenominate. Some articles even said, the people don’t want this for there currency but want a strong currency that reflects the true nature of the countries wealth and investment. That being said, I think that is why they keep “kicking the can down the road” on this project. The bank may want it, but if they can get the contracts in place, the laws in place, the process can be what the IMF states “gradual appreciation based on the Balassa-Samuelson effect” rather than a redenomination (monetary illusion). …I would rather not take the risk of what this is or isn’t. I would rather see what is correct and that is the dinar rise based on the market forces, investment, and economic growth (even if it takes 3-4 more years to achieve a good rate) than take a risk that this is some kind of reward for us.
12-18-2014 Newshound Guru Kaperoni …there is clearly two plans. It was stated so in mid to late 2012. Since, there was also subsequent confirmations from various articles and such…we can say with certainty there is…”the original plan” and the new…”gradual appreciation (float) plan.” The result could very well be the same, only the method is different. No way to know for sure. That being said, I personally want to see the second plan which is to see it rise based on forces (removing the larger notes, etc. as the value increases).
12-18-2014 Newshound Guru Administrator Bob Article: “Deletion of zeros in 2014 .. project is ready and implementation of a deferred…” I think what Kap [Guru Kaperoni…see post below 12-18-14] is saying is there is no way to say with absolute certainty the original plan to delete zeros is to our financial benefit. Following monetary policy that allows a countries currency to appreciate based on real factors such low inflation, productivity growth, economic and political stability makes more sense in the long run and would provide absolute assurance that we would profit significantly.
12-17-2014 RUMOR Guru They have taken the vote on the budget, and the Council of ministers approved the economic reform last night. Everything is planned to be announced before Friday morning, and the citizens should enjoy the weekend because Sunday is a holiday in Iraq. It has been announced on television, and said that Iraq’s economy will be better than since 2003, with the largest economic reform in Iraq – “this will go down in history”. It could go at any minute from this point onward – everyone has been given the green light, they are ready and going through their final checks. They had their last meetings last night, everything has been completed and announced.
12-17-2014 Newshound Guru sczin11 Article quote: “The concerned authorities have begun to take the process to grant the visa, “Visa” electronic investors and foreign businessmen in order to facilitate their entry into the country, the process, and an end to the obstacles that encounter in which the subject of the complaint as long as it has steps.” This may very well be the best news we have seen today, and maybe ALL WEEK! Yes!!! Issuing VISAS TO INVESTORS, ELECTRONIC VISAS.
12-17-2014 RUMOR Guru …in Iraq, there are lots of things scrolling on news reports, saying that Iraq will have the biggest economic reform since 2003, and it specifically says that falling oil prices will not affect this. It will happen in the next few days; they will bring out the budget and complete economic reforms. They are anticipating this at any moment there…Security is ramped up at the CBI; banks have been training since Monday. They were told to be ready at any time from now for the next couple of days, coordinated with the CBI, the PM, and international teams…they are saying in the bank and CBI meetings that “the US has given the green light” and that “they have freed all constraints” because Iraq has “completed all marks”.
12-17-2014 RUMOR Guru There have been last minute changes to the rollout plan… is what we understand right now. This IS subject to change – everyone remain flexible. Right now, they have planned this: let’s say Iraq goes tomorrow or Friday. The US would then put the word out very discreetly at the banks and through a few dinar gurus. We will send out the 800 numbers for the banks…We are in high alert, everyone is there, and Iraqi television is still scrolling that they are expecting this now. Everyone has been given the green light on both sides of the pond. They are in agreement and I’m pretty excited and you should be, too.
12-17-2014 Newshound Guru sczin11 If too much information were given out before the D DAY EVENT, it would be like insider trading… one has to presume, by the time Ink hits, more has happened beyond what appears on the surface… just like by the time pres obama announces we are sending troops in, they are already there…
12-17-2014 Newshound Guru MyLadies HERE WE ARE ON THE DOORSTEP OF 2015 AND ALL THAT IS HAPPENING. FOR STARTERS WE HAVE SEEN THAT HCL IS TO BE IMPLEMENTED FOR JAN1, AND NOW WE SEE [AN] ARTICLE TALKING ABOUT ECONOMIC REFORMS AND THE GOVERNMENT PROGRAM AND IRAQ TALKING ABOUT IT AS THE MOST SIGNIFICANT ECONOMIC EVENT IN MODERN HISTORY SINCE 2003. THOSE ARE VERY POWERFUL WORDS. THEY GO ON TO SAY THIS EVENT WILL BE COVERED BY ALL ACTIVITIES UNDERTAKEN BY THE PRIVATE SECTOR. WONDERFUL NEWS AND POSSIBLY A TIME LINE WE CAN FOLLOW. THE NEVER ENDING BUDGET SAGA MIGHT ACTUALLY END IN COMING DAYS. THERE IS SUPPOSED TO BE AN EXTRAORDINARY MEETING OF THE COUNCIL OF MINISTERS TOMORROW TO VOTE ON THE BUDGET AND THEN SEND IT TO PARLIAMENT, SO LET’S SEE WHAT HAPPENS WITH THAT.
12-17-2014 Newshound Guru MyLadies WE GO ON TO LOOK AT ALL THE ACCOMPLISHMENTS IRAQ HAS MADE IN JUST 100 DAYS. ABADI HAS BEEN STICKING TO THE GOVERNMENT PROGRAM THEY DREW UP IN AUGUST AND IRAQ IS REALLY SHAPING UP AS A COUNTRY AS THEY ARE ACHIEVING GREAT SUCCESS PROVIDING A STABLE SECURE IRAQ. WE FEEL THAT WE ARE FINALLY NOW IN THE BEST POSSIBLE POSITION TO SEE A RATE CHANGE. …WITH ALL OF THINGS THEY HAVE ACCOMPLISHED THEY CAN NOT GO MUCH FURTHER WITH OUT AN INTERNATIONAL STAGE… I THINK WE CAN SEE THE RATE CHANGE ON THE NEAR HORIZON. THINGS ARE REALLY HEATING UP AND WE HAVE JUST 2 WEEKS UNTIL WE HIT THE FIRST OF THE YEAR.
12-17-2014 Newshound Guru Enorrste The difference between “may” and “must” have to do with two different things. The CBI “must” get the street rate within 2% of the official rate. Once that is done, however, the street rate “may” fluctuate +/- 1% as long as it stays within 2% of the official rate. Remember, no one wants a “dirty exit” from the current exchange rate regime to a float, nor from Article XIV to Article VIII. These are both “one way streets” and the IMF is insistent that proper preparations be made PRIOR to acting. The simple fact is that the IMF has done this many many times and they know what is necessary for a successful transition. …KAP [Guru Kaperoni] found a specific statement that says that the CBI MUST do some certain things before they will be ALLOWED to make the transition. This means that, behind the scenes, even though Iraq is sovereign, the IMF is really running the show. They will guarantee success, and for that we should be patient and grateful!
12-17-2014 Newshound Guru Tlar Article quote: “Yasser incumbent few days and folded the public pages of “2014” to remember later that the government program was the most significant economic event in Iraq’s modern history” …this is something to watch. My belief is that they are going to do it closer to the end of the month but who knows. They are ready, able and it just could be that they are willing to do it now… a few days is better than in the next phase, or soon, or some other foolish lead. The next few days to me means they will make an announcement of some kind that they themselves say is historic, sometime this week ending in Sunday the 21st.
12-17-2014 Intel/Newshound Guru tman23 Few INTERESTING FACTS…The top 2 in order for the Kurds to participate in the GOI were #1 The Federal Court Act. #2 The HCL Agreement. The Kurds demands had to be made good on by the end of December. Another interesting fact is Barzani was made a permanent member of DAVOS (economic forum). One of Barzani’s open words in media and to Baghdad …”The Kurdistan region will not deal in the 3 zeros”…AND the ESX will not open and be dealing in the 3 zeros. Yesterday an agreement was signed between Gorran and PUK on governing the city of Sulaimani. The city has not had any operating “ports” for Qi card withdrawals and banks were held back on cash transfers. The agreement opens the door now that the agreement is complete…And note: all before the END of DECEMBER.