Iraqi Dinar Guru opinions 12-31-14
Iraqi Dinar Guru opinions 12-31-14
12-31-2014 Newshound/Intel Guru Tlar What is deleting the zeros? The CBI themselves under Shabibi stated the zeros would be deleted off the nominal value giving purchasing power to the currency. The finance committee stated the “leading zeros” would be deleted. We only find leading zeros on the exchange rate, not the currency itself. In 2010 Shabibi presented to parliament laws he wanted passed which would penalize any street vendor who knowingly takes advantage of a customer on the first day. These laws are only meaningful if the currency value changes quickly…
12-31-2014 Newshound/Intel Guru Tlar So what is the rate if they remove the leading zeros? By removing the zeros you would come to the natural conclusion that the rate would be .86 to one dollar, right? Deleting the zeros of the exchange rate does not necessarily mean 86 cents. It only implies the zeros are gone. So the rate can be 86 or a number greater than because removing the zeros is not definitive as to value. The only thing it tells use is the zeros will be gone. With that I will leave you with this thought. Abadi has turned out to be the Ronald Reagan of the middle East. He has accomplished more for Iraq in the 3 months he has been in office that Maliki did in the last eight years.
12-31-2014 Intel/Newshound Guru tman23 …what is interesting is what happened to all the big raises and retroactive back pay? They were broke when they were announcing raises etc.. a few weeks ago. Yes, possibly oil prices falling…and/or possibly lower salaries due to an upcoming monetary change with more value added to the IQD…which I believe to be the case.
12-31-2014 Newshound Guru sczin11 I DONT, AND HAVE NEVER
BELIEVED, THERE IS ANY HOLDUP… I BELIEVE PARTS OF THE EXECUTION OF THE PLAN, MAY HAVE HAD A FEW BUMPS IN THE ROAD, SMALL HICKUPS, BUT NO DELAYS BY ANYONE FOR ANY REASON.
12-31-2014 Intel/Newshound Guru Poppy3 WE NEED TO PRAY THAT ALL LAWS ARE ACTIVATED ON THE FIRST AND NONE ARE LEFT PENDING
AFTER JAN 1. ALSO IT WILL BE A FEW DAYS POST JAN 1 BEFORE ALL CAN BECOME OFFICIAL AND GAIN FULL IMPLEMENTATION. THE RATE MAY BE ANNOUNCED AND GLOBAL EXCHANGE ACTIVATION COULD ALSO BE HELDUP LIKE KUWAIT DID. THESE ARE NOT THINGS WE KNOW WILL HAPPEN BUT THINGS THAT POSSIBLY COULD HAPPEN SO LETS JOINTLY PRAY ALL GOES SMOOTH AND ALL IS COMPLETED ON THURSDAY. TIME AND THEIR ACTIONS WILL SHOW TRUTH.
12-30-2014 Newshound/Intel Guru Tlar …We know that great preparations have been made for months on a National Reconciliation meeting that is to take place next Saturday. Dignitaries from around the country and globe will be in attendance…IMO it looks as though we are looking at sometime up until the 11th of January or just before to see monetary change in Iraq…I think we are looking at Iraq going global in January as they themselves have stated in many articles. They need a currency to complete their transition…I am expecting monetary change in Iraq between now and just before their stock market re-opens…It can happen at anytime. IMO the change will occur just before the budget is passed and opened…This is a CBI decision alone, but the CBI and the Abadi government are working together to make this happen and it is my opinion that the government and the CBI are ready to see this go.
12-30-2014 Intel Guru SteveI First of all, yes the budget was passed last week. It is also true the parliament is not on vacation or leave until January 7, 2015. Another fact is that Al Shabbi will be the official governor of the CBI. This has not only been confirmed by the news, but our (many) sources. …what is next? The only true answer to this is in the hands of the CBI. The CBI trumps all regarding values and future policies (except within the understandings of the expectations of the current government.) Now that the budget has been passed, it is of my opinion based on the laws, that the monies will not be disbursed to the locations within the budget for a couple of weeks. Just because the budget was passed does not mean instant value change today. This has to be between the CBI now and their procedures…With what we do know it is really hard to not get excited…it is again, up to the CBI to implement it.
Fact check, an article posted a few days ago states that Shabibi will return as the CBI Governor, you don’t need fictitious sources to know that, it was reported. The Budget still has not been passed or ratified, that is also stated in over 100 articles from reputable news sources. I review over 300 articles per day…everyday…the info seems to be very consistent regarding the budget information.
12-30-2014 Newshound/Intel Guru Tlar The Iraqi Stock Market has been closed on the 29th of Dec and will not re-open until the 11th. The budget has been agreed to but it too will not be voted on until around the same time period but will be made retroactive to the January 1st. Articles have come out stating that the provinces, who for the first time will be managing their own affairs and projects under the new Federation Laws, will be funded with the opening of the budget in January. The HCL is also agreed to in full by both the Kurds and Baghdad. The HCL is revenue sharing and it is based on the budget. It tells all sects how much they will get out of the oil revenues and how they will be paid. The HCL is scheduled to go into effect around the first of the year and must come before the budget is opened
Fact check, the HCL has not been formally agreed on, they stated that it was a 1 year agreement with Kurdistan, it may be changed or modified in the coming months, no one really knows the absolute details behind the scenes.
12-30-2014 Newshound Guru tlm724 “direct bank branches not to send and receive electronic instruments to two (7- / 2015/1on the occasion of renovation Iraqi payments system by the Central Bank of Iraq.” renovation Iraqi payments system by the Central Bank of Iraq…thats pretty…thats not just shuting down to close out the year thats renovating the Iraqi payment system January 7th and 8th !…sure feels good to me to see things shakin and movin everyday…means there is a very bright light at the end of the tunnel, much brighter than its ever been before that much I KNOW and we need to wear some shades…
12-30-2014 RUMOR Guru I HAVE THE SIGNED 2015 BUDGET IN
HAND… GOT IT YESTERDAY. NOW IT SAYS UNDER ARTICLE 41,
WHICH I HAVE ALL ARTICLES. THE DOCUMENT IS CLEAR THEY INTEND ON POSTING JAN 1. THEY CAN VOTE ON IT WHENEVER…THEY HAVE IDENTIFIED THE NUMBERS…THEY NEED THE RV NOT THE BUDGET
NOW THAT THEY HAVE TAGGED THE AMOUNTS IN DINAR THEY NEED TO JUST RV THE CURRENCY. WHEN WILL THEY RV…THAT’S THE QUESTION. NOW ABADI IN A SPEECH TWO WEEKS AGO AND I QUOTE…HE WOULD RV THE CURRENCY IN JANUARY. BE ASSURED THAT ABADI IS MAKING A LOT OF HEAD WAY, AND MOVING
FASTER THAN ANYONE EVER HAS AND NOW WITH DR S [SHABIBI] IN PLACE, HE HAS BEEN RE INSTATED AS THE GOV. OF BANKING, WHAT A TEAM. THEY WILL RI THE CURRENCY, FLUSHING OUT TRILLIONS AND
THEN ISSUE A RV 72 HOURS AFTERWARDS, THEN FLOAT. THIS TAKES CARE OF THE COMMITMENT WITH KUWAIT NOT TO EXCEED .50 EITHER WAY…AS A RI WILL BE LIKE 3.57 BUT THE RV WILL BUMP IT
AROUND 8.16, THEN FLOAT AS HIGH AS WHAT IM HEARING 13.86 TO CAP. THEY CAN SUPPORT RIGHT NOW 16.00 RATE IN OIL ALONE. I HAVE TO SAY TREAT AS RUMOR.
12-30-2014 Newshound Guru wmawhite The investment side of the budget is unworkable without a change in the status of the IQD. …the CBI can make their move well in advance of the budget…the CBI has the keys to the future of Iraq. [do u think they are waiting to implement all the laws…?] No…they are trying to catch up to the CBI…with the laws…when the CBI is ready they will do it.
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.