Iraqi Dinar Guru opinions 1-26-15

Iraqi Dinar Guru opinions 1-26-15

1-26-2015 Newshound Guru sczin11 THE CBI MET TODAY [SUNDAY], AND ANNOUNCED TO THE WORLD THEY ARE READY TO SUPPORT THE DINAR AND ARE COMPLYING WITH INTL REQUIREMENTS, AKA CLEANING UP THEIR CORRUPTION, WILL BE A WATCHDOG, AND ALL MONIES ARE SAFE WITH US… LOOKING AT WHAT HAS TRANSPIRED OVER THE LAST WEEK PLUS, ESPECIALLY A FEW DAYS AGO WITH MINISTERS OF FINANCE, OIL , PLANNING, PRIME MINISTER AND CBI IN SAME ROOM…WHEN HAS THAT HAPPENED IN THE PAST…ABADI SPEAKING IN DAVOS, MONEY TRANSFER COMPANIES BEGINNING TO TRADE ON ISX, BTW, 3 ARE SCHEDULED 1ST WEEK IN FEB…AND NOW THIS TODAY.

1-26-2015 Newshound Guru tlm724 Article quote: “Mr. Minister of Planning Dr Salman Jumaili ministry announced the completion of an economic plan for the years 2015-2018 in light of the government program” tells us 1. they know what they have to do 2. they know how to do it and 3. they know what funds they have to implement it 4. this is the shift to the free market economy 5. this is why there are changes going on at the CBI also. Abadi developed the plan the MOP followed up and got it done! Amazing progress, I am very excited! [finally the timing is looking good for all of us.] I concur…

1-26-2015 Intel/Newshound Guru Poppy3 TWO OF MY SOURCES ARE STILL SAYING WE SEE A NEW RATE NO LATER THAN FEB 1. THINGS ARE SOUNDING LIKE THEY ARE GOING TO BE DEAD ON THE TARGET.

1-26-2015 Intel/Newshound Guru tman23 What I have been seeing is 50% cuts…one Ministry went from 450 billion to 1.350…so we have seen as much on an average of 3.2 in cuts…The estimates are 58 billion in oil revenue for 2015 at 4 million barrels per day…They have been playing with the numbers but past numbers figured out to balance the budget would require around 3.40 rate… REMEMBER…they get paid in petro dollars so the deficit can be multiplied by the rate for purchasing power.

1-26-2015 Newshound Guru Chattels the budget is day by day so there is really no delay, it just has not gotten done yet. [I saw in the Forum News that it is Thursday…] there is ” talk ” of Thursday, but my sense is that it really is ” ASAP”.

1-26-2015 Intel Guru Jester THEY ARE TRYING TO MAKE THE OIL CREDITS WORTH LESS TO DELAY THINGS… MY OPINION…THEY ARE WORTH WHAT THEY ARE WORTH… ABOUT $30-32 PER BARREL… NOW AND FOREVER…[Does it really matter what the price of oil is in the long run. It’s been overinflated for years.] WELL EVERYTHING DEPENDS ON WHAT SOMETHING IS WORTH… YOU BETTER HOPE IT DOES… BECAUSE THEY WILL NOT LIKE TO HAVE YOUR DINAR IF THE OIL CREDITS ARE WORTHLESS…I HOPE THAT IS CLEAR ENOUGH… THEY DO NOT HAVE ENOUGH MONEY TO CASH OUT EVERYONE WITH DINAR WITH THE MONEY THEY HAVE…ISN’T POSSIBLE… SO UNLESS THE OIL CREDITS ARE UTILIZED FOR FUTURE WORTH THEN THIS SCENARIO IS OVER AND WE SHOULD ALL JUST GO HOME…IF THE OIL CREDIT SCENARIO GOES FUBAR WE ARE SCREWED…

1-26-2015 Newshound Guru Aggiedad77 looks like the start of a bright week ahead for a number of issues…maybe the primary focus this week will be the 2015 budget…it appears poised to tee up for a vote on Thursday…..Maliki’s name is back in the news again…and along with his name comes the words corruption and deceit.

1-25-2015 RUMOR Guru Mnt Goat I am bringing you very good news and very optimistic news…I am now hearing from all channels of my sources from the CBI, IMF and from my contacts in the USA. They tell me now the RV is strictly in the hands of the Iraq government and the CBI is simply waiting for the final go –ahead from them. All agreements have been signed and Iraq has stated that they want to RV to happen on their time schedule and not be forced into a date. The agreement contains a window from yesterday to Jan 31st. There is also a debate about the rate but I am hearing they have settled this now too.

1-25-2015 RUMOR Guru Mnt Goat Iraq announced on Saturday they would have the final budget, with any corrections, to the council of representatives (parliament) by Tuesday 1/27 and that parliament is expected to hold the final vote on Wednesday 1/28. … follow the 2015 budget final voting session. From this you will know how close we are to the RV. Does Iraq technically need the RV to open their budget and spend it? …NO! However they would like to align the budget with many of their new laws that mandate and legalize the spending of the budget money. This is why I am now hearing too that there is a very high probability that Feb 1st will not come and go without an RV.

1-25-2015 RUMOR Guru TerryK TALKED TO A FEW SOURCES LAST NIGHT AND THIS AM. THEY ARE ALL ON THE SAME PAGE THAT THIS IS OUR WEEK. BUDGET IS TO BE POSTED EITHER TONIGHT OR TOMORROW IN THE PAPER. ARTICLES BEEN READING INDICATE THIS IS OUR WEEK…ALL SOURCES HAVE INDICATED THIS IS THE WEEK SO I WOULD SAY TUE NIGHT WED MORNING WHEN THE BANKING SYSTEMS ALL SYNC. TWO OF MY SOURCES…WHEN I CHATTED WITH THEM THIS MORNING THEY INDICATED THAT IRAQ IS MOVING FORWARD…SO THEY WERE BOTH PRETTY PUMPED. ACCORDING TO WHAT I’M BEING TOLD THIS IS IT.

1-25-2015 Intel/Newshound Guru Poppy3 I THINK THAT…ALL BANKING LAWS MUST BE IMPLEMENTED BUT FROM ALL POSTED IN INK NEWS THEY WILL ALL BE DONE TOGETHER AT ONE TIME. THE REASON FOR THAT IS SO MANY OF THEM DEPEND ON THE OTHER THEY MUST IMPLEMENT THEM ALL TOGETHER. WHAT MANY OF US INVESTORS HAVE NEVER UNDERSTOOD THAT ALL THESE LAWS NEED ONE ANOTHER TO HAVE ANY SUBSTANCE OF POSSIBLE ENFORCEMENT. I THINK…WE ARE SETTING ON TOP OF A POWDER KEG READY TO EXPLODE WITH BUDGET, LAWS, RATE, ETC. NOT NECESSARILY IN THAT ORDER BUT WE ARE THERE UNLESS SOMETHING REALLY DRASTIC HAPPENS FIRST.

1-25-2015 Newshound Guru Stryker [When will the budget get approved so we can see it take place?] IMO, it will be approved this week…

1-25-2015 Newshound Guru Aggiedad77 Article: “Parliament to end the first three laws of reading” More reading on laws by Parliament yesterday… meanwhile they did nothing on the budget…they do recognize the need to get the budget vote sped up which is a good thing…I’m still looking for completion by the end of January…depends on who you talk with in the Finance Committee as to whether you believe they are actually done with the budget and ready for a vote….look for more by Wednesday.

1-25-2015 Newshound Guru sczin11 *** BREAKING NEWS *** JUST RELEASED…12:05 PM EST SUNDAY JANUARY 25, 2015 “Member of the Finance Committee: 2015 budget will be approved next Thursday”.

1-25-2015 Newshound Guru MyLadies I THINK WHEN YOU TAKE THE GLOBAL CORRECTIONS THAT ARE TAKING PLACE, THE STRIFE IRAQ IS FACING WITH OUT A CURRENCY, THE MESSAGE ABADI SEEMS TO BE SENDING TO DUKE AND DUKE AND THE REASONING FOR THE JOB BEHIND THE DINAR I HAVE TO CONTINUE TO SAY WE ARE SO VERY CLOSE…STAY ALERT FOR THE SIGNALS….VERY VERY VERY SOON I THINK WE WILL BE OFF THIS RIDE AND ON TO BIGGER BETTER THINGS.

1-25-2015 Newshound Guru Millionday THERE WAS A HUGE ECONOMIC FORUM IN IRAQ TODAY [SATURDAY] THAT WAS TO ACTIVATE THE PRIVATE SECTOR AND THE LAWS PERTAINING…APPLICATION OF ALL OF THESE LAWS INCLUDING THE HCL…ALL AT THE SAME TIME. THEY NEED TO MOVE FUNDS IN AND OUT OF IRAQ FOR THIS TO ALL WORK SO THEY ARE FACILITATING THAT. IN ORDER TO MOVE FUNDS IN SIDE AND OUT AND FACILITATE THAT — IT HAS TO BE INTERNATIONALLY RECOGNIZED.

1-25-2015 Newshound Guru tlm724 Iraq has control of their destiny now, no more restrictions or sanctions, they have a mostly unified GOI and strong leaders blazing the trail. They are applying the monetary reform and have a new CBI Law and the Banking law plus the Investment Law amendments ready for parliament. there are several factors confirms the possibility of the high value of the dinar against the dollar…the most prominent is the existence of a great desire for investors Foreigners buying the Iraqi dinar. I am sure there are way more entities buying dinar than just us lil investors…countries buying it for the foreign reserves, large investors etc. the fact that there is a “great desire” is very encouraging because remember supply and demand helps raise the value as well…in addition to having an excellent cash reserve, which covers the local currency…plenty of money to cover all the dinar out by 150 % …there is no reason why the CBI should not let the dinar loose, get it off the programed rate…

dinarguru