Iraqi Dinar Guru opinions 12-30-14
Iraqi Dinar Guru opinions 12-30-14
12-30-2014 Newshound Guru Millionday Article quote: “…postponed the Finance Committee in the House of Representatives, who was scheduled to hold its meeting on Monday, to study the general budget to next Saturday.” WHAT WE HAVE HERE IS THE BUDGET GOING TO PARLIAMENT ON SATURDAY — THEY HAVE REPORTED IT WILL BE A ONE DAY EVENT IN A PAST REPORT — STUDY AND VOTE ALL IN ONE DAY. THE CITIZENS KNOW THE NEW BUDGET IS COMING AND WANT TO KNOW WHAT IS GOING TO HAPPEN.
12-30-2014 RUMOR Guru Everything is lined up right now for this to happen in the next few days… They have promised their people and everyone else to get this done on or before the 1st. Basically, Iraq was nitpicked to death for the last three weeks, but now we are certain the checklist has been completed, the IMF and BIS have agreed, the US is supportive, and it’s in Iraq’s hand. The contract rates are still out there. The vast majority will be taking the street rate, which is $3.58 right now. We are just waiting for Abadi to give the go, so we are feeling confident everything has been done. That’s not to say it couldn’t be stopped.
12-30-2014 RUMOR Guru We are hearing from Iraq that they are all done and they as just waiting for Abadi’s go signal. On the US side, some powerful people have been promised this will happen by the end of the year, for legal and other reasons. They have stated when it becomes law on the 1st, this will happen – if not before. Iraq has been ready since the first of the month, and announced to their people they would do it on television and in the papers. There is nothing left that has to be done before this happens. There is a contract rate on the dong as well, and the price I heard was $2.27. That is a great rate. We believe the international rate is $1.02, but won’t be surprised at .47. We’re looking good, it’s still Christmas time, and we can still celebrate.
12-30-2014 Intel/Newshound Guru Backdoc …ARTICLE 37 IN THE BUDGET IS MISSING. WHY? NOT FOR YOUR EYES FOR RIGHT NOW! …THE LANGUAGE IN THE BUDGET IS SUCH THAT THE RATE IS SUBJECT TO CHANGE AT ANY MOMENT!
12-29-2014 Newshound/Intel Guru BGG Let’s hypothetically say it [Iraqi Dinar] comes out at a very low number…for let’s say 90 days…and it is a managed regime like it is now…then all this IMF 2% stuff doesn’t matter. They can do it tomorrow and well within rights to do that…I have a contact who is in shock that a currency shift has not happened…there is no rhyme or reason why it has not happened. He relayed what he believed to be an impeccable source even better than himself who say the change was to be immediate. I believe it’s Maliki trying to delay this all from happening. Iraq is in serious enough straights that something has to happen.
12-29-2014 Newshound Guru BGG …They can pass all the budgets they want…where is the money coming from? They have to have the money…the income. Iraq has a cash problem. Abadi says Iraq is not bankrupt but they do have a cash problem. They are talking a lot about International standards, Iraq wanting to integrate with current international standards…they want to be a part of the world…The Budget is a foregone conclusion…just a matter of time…
12-29-2014 Newshound Guru tlm724 Article quote: “its intention to take a series of actions that contribute to the increase of financial resources, including the collection of water bills in earnest and resolute” again they are getting ready to put a hurt on their people and they should impose all the taxes but they are going to have to raise that purchasing power!