Iraqi Dinar Guru opinions 2-1-15
Iraqi Dinar Guru opinions 2-1-15
2-1-2015 Newshound Guru American Contractor I am jumping up and down since I heard the great news. The Central Bank of Iraq has announced that they will buy Treasury bonds via the secondary market. …currency banknotes are increasing in Iraq. We know this because the foreign reserves are not touched and will remain inside the vault. However, if truth were known the foreign reserves may have decreased. Hopefully, we will learn more at a later date. Dr. Sinan al-Shabibi has never set foot back in Iraq. Dr. Shabibi is enjoying the good life in Switzerland and has no ties to the Iraqi government. One more thing the Central Bank is no longer following the Shabibi policy and Shabibi would have never loaned any money to the private banks and the government.
Fact check, Breaking news: Central Bank agrees to cover bank accounts outside of Iraq to the dollar, greatest news EVER! Gee, I wonder why the “intel/pumper guru’s” did not know this before the articles came out, supposedly two or three days after the fact. Proves they don’t know S***. Our posts are up to date in real time, get the news first, right here on this site. Here is the link: https://iraqidinarchat.net/?p=33117
2-1-2015 Newshound Guru Enorrste Article quote: “The World Bank really does not comment on monetary policy.” …this article…says that in fact the World Bank is commenting on monetary policy. Furthermore, it isn’t just commenting on Iraq’s monetary policy, but also on that of 7 other MidEast countries whose budgets are suffering due to the low oil prices. Here is what I think: this situation has REQUIRED the World Bank to make a statement. The fact that the World Bank has stepped in and commented on this matter confirms, for me, that they are following the “lead” of the CBI which had already expressed that they plan to “open market operations” sufficiently to deal with the revenue crisis. …I see this article…as extremely positive…we may be within 30 days of an announcement, I continue to hold that the within the next 30 to 60 days the CBI will change to a new exchange rate regime, and that it will be a “float”.
2-1-2015 Newshound Guru Millionday THE PRIME MINISTER`S ADVISERS ANNOUNCED TODAY THAT FEB 12 WILL BE WHEN THE ECONOMIC STRATEGIES OF THE GOV PROGRAM WILL BE LAUNCHED. [are we to assume that the new rate will be in effect by Feb. 12th?] I AM NOT SURE OF THAT — WE CAN SEE A LOT IS GOING TO HAPPEN SO ITS EITHER **** OR GET OFF THE POT TIME.
2-1-2015 Newshound Guru My Ladies …ABOUT THE SIGNING OF THE BUDGET…DXXX FIRST SAW THIS EARLY THIS AFTERNOON [SATURDAY] ON PARLIAMENT WEBSITE UNDER LAWS ENACTED. AS OF THIS MOMENT IT HAS NOT BEEN UPDATED TO THE SITE BUT THAT DOES NOT MEAN THEY DO NOT HAVE IT. PARLIAMENT IS CALLING IT ENACTED. WE WERE VERY CAREFUL AND HAD THIS TRANSLATED AND…THE ORIGINAL NUMBERS THAT WERE IN THE TRILLIONS…WE CHECKED IT TWICE TO SEE THAT THE TRILLIONS HAVE IN FACT BEEN SWITCHED TO BILLIONS.
2-1-2015 Newshound Guru My Ladies ALSO IN THERE IS A LOAN FROM THE WORLD BANK FOR 6 MILLION DINAR, NOT DOLLARS, WELL THAT ISN’T VERY MUCH IS IT AT 1166. AND ALSO THEY ARE TAKING A LOAN FROM THE IMF FROM THEIR SDR’S TO CREATE ADDITIONAL LIQUIDITY. …WE ARE VERY CLOSE AND WAITING ON NOTHING FURTHER WITH THIS BUDGET, NO 15 DAYS OR SPECIAL SIGNATURES…THINGS ARE MOVING WITH GREAT SPEED. TOMORROW [SUNDAY] AND MONDAY WILL BE VERY TELLING…THEY HAVE MANY FINANCIAL OBLIGATIONS AND THEY MUST MEET THEM INTERNATIONALLY.
2-1-2015 Intel/Newshound Guru tman23 Currency traders around the globe are keen to the scene per se’…Any news that may indicate a coming future to the IQD raising in value would not be “announced” in any version prematurely… such as giving signs NOW and waiting 2 weeks to initiate…So the market opens this afternoon…either we are reading everything wrong and this ain’t going our way…or they are going to release the change before the sharks smell blood. Lets just see how the markets open tonight and how they flow into Monday…Seriously…I am not expectant…I am expecting!
2-1-2015 Newshound Guru Kaperoni Looks to me they are trying to eliminate the daily auctions or at least minimize them to eliminate the corruption that occurs. It sounds like another trick that may not work and is risky at best. In the mean time, the dinar is sliding… 1235 today. Not good.
1-31-2015 RUMOR Guru TerryK SOURCES, ALL 7 OF THEM I HAVE TALKED TO SINCE LAST NIGHT…ARE ALL TELLING ME THAT THIS IS SET TO GO LIKE TOMORROW THRU TUE… DEPENDS ON TIMING…SUNDAY FOR IRAQ…TUE FOR US I GUESS. [We’ve been discussing the budget would probably be published tomorrow.] YES IT WILL BE WHAT I HAVE BEEN TOLD. IN FACT THE AGENDA INCLUDES ANOTHER BIG DOCUMENT…WHAT HAVE WE BEEN WAITING FOR AND TOLD ITS READY TO BE READ AND SIGNED? HCL.
Fact check, the final version of the HCL has not even been drafted yet, the “other big document” is posted here and its about the CBI covering bank accounts inside and outside Iraq to the Dollar. Gee, why didn’t they know this from their “intel/sources”. Go figure.
1-31-2015 Newshound Gru My Ladies I SAID 2 MONTHS AGO YOU WILL NOT SEE ANY NEW LAWS OR ANYTHING MONETARY RELATED BEING PASSED UNTIL AFTER THE BUDGET. NOW THE BUDGET WILL GO FOR SIGNATURE TOMORROW I JUST READ AND THEN THEY WILL BEGIN IMPLEMENTING THE THINGS INSIDE. ONCE AGAIN IRAQ IS A MAD RUSH TO THE FINISH LINE…WE ARE SEEING OIL AND GAS ABOUT TO BE ENACTED, BANKING LAWS ABOUT TO BE ENACTED, AMNESTY LAW, NATIONAL RECONCILIATION LAW. THE BANKING SECTOR IS ABOUT TO BE DEVELOPED AND THE FINANCE MINISTER IS MEETING WITH ERNEST AND YOUNG TODAY. THERE IS NO REVERSE SWITCH HERE FRIENDS. IRAQ IS FULL SPEED AHEAD AND ITS DESTINATION IS THE INTERNATIONAL STAGE. THE DINAR IS ABOUT TO BLOW OFF THE DUST AND RISE TO THE GREATNESS IT WAS INTENDED TO BE, THE SUPPORT RESERVE CURRENCY FOR MANY CURRENCIES. WE ARE ABOUT TO SEE WONDERFUL THINGS.
1-31-2015 Intel Guru Delta Article quote: “The Director of Rafidain Bank in Dhi Hussein Al-Abbadi said in an interview televised moved local enter Nasiriyah TV ATM markets and banks is subject to the application of the decision to delete the zeros of the Iraqi currency…” IT LOOKS LIKE THEY GOT THE GREEN LIGHT FROM CBI. URGENT FROM IRAQIA TV: February 12 starting economic strategy. ABABDI WITH THE HELP OF CBI WILL SEE CHANGES BEFORE THE 12TH. YES WE SHOULD ALL START THE CELEBRATION.
1-31-2015 Newshound Guru Shredd [this is the first time they have ever capped the auctions!] the CBI capping the auctions which have the primary role of stabilizing the dinar means a great amount of stability has been realized with the dinar…this is also a huge step with the project to delete the zeros, very very telling imo.
1-31-2015 Newshound Guru Millionday [do you think we are still on the 15 day schedule for the signing of the Budget?] THE PRESIDENT TOLD PARLIAMENT THEY COULD NOT TAKE A HOLIDAY TO RUSH THE BUDGET AND CBI HAS FUNDED THE DEVELOPMENT BANK SO I WOULD THINK IT WAS SOONER DUE TO THE HUGE RUSH AND THE CONFERENCES ETC THAT ARE SCHEDULED — BUT AT THE END OF THE DAY IT IS ALL UP TO THE PRESIDENT. [Do you have access to the Gazette once everything is printed?] THE GAZETTE IS NOT ON-LINE — HOWEVER IT WILL BE TOLD IN A PRESS STATEMENT SO IT WILL BE KNOWN RIGHT AWAY.
Fact check, there is a site that “archives” the gazette, it is in Arabic so you have to use Google/Microsoft translate to view it in English, no need to view it, its in the news before it is “archived”.
1-31-2015 Intel Guru Frank26 Article: “Rafidain Bank announces the issuance of card “MasterCard” to its customers inside and outside Iraq” There is no PROFIT for MC to do TRANSACTIONS at 1166. This is not illogical …This is posturing. This is simply …Good.