Iraqi Dinar Guru opinions 2-6-15
Iraqi Dinar Guru opinions 2-6-15
2-6-2015 Newshound Guru Millionday Article quote: “Directorate-General for issuing and cabinets held at the Central Bank of Iraq expanded meeting with representatives of the banks to inform them on how to deal with banknotes in accordance with modern techniques in counting and testing…” THERE ARE MASSIVE NEWS STATEMENTS COMING OUT OF CBI…THEY ARE PREPARING FOR THE EXCHANGE OF BILLS AND THEY ARE HAVING MEETINGS WITH ALL BANKS FOR DIRECTION. THEY ARE TRAINING ALL BANKERS ETC ON HOW TO TELL WHAT IS REAL FOR EXCHANGE…TRAINING IN THE ASPECT OF SORTING THE EXCHANGE. THIS IS A MAJOR MEETING AND RELEASED TO CITIZENS…SMILE. [hopefully exchanging of larger notes for smaller as the value will rise!] THAT IS EXACTLY THE HOPE WE HAVE…I SEE NO OTHER REASON FOR SUCH A MEETING WITH ALL BANKERS.
2-6-2015 Intel Guru MarkZ …things are still on track, turn your frowns upside down, stay in the race and be prepared to check your britches if sudden excitement causes control issues.
2-6-2015 Newshound Guru My Ladies SATURDAY THEY END THE CURFEW IN BAGHDAD AROUND THE GREEN ZONE THAT HAS BEEN IN PLACE SINCE THE INVASION. BUT I THOUGHT THERE WERE TERRORISTS THERE? WELL I GUESS THEY HAVE THAT PROBLEM WORKED OUT RIGHT? SO THIS IS YET ANOTHER SIGN THAT THE TRAINING WHEELS ARE ABOUT TO COME OFF IRAQ. VERY EXCITING TIMES WE ARE WATCHING.
2-6-2015 Newshound Guru Tlar A while back the Finance Committee checks the procedures with the CBI on how they intend to deal with destruction of the currency as it comes in, procedures and such. I don’t think they are talking about destroying USD. Then we see the CBI get all the dinars from the independent banks as a prime requirement to sell USD. Then we see the bank setting up a processing center to collect currencies and now we see them training the banks on how to detect counterfeit currencies as they come rolling in. It does make you go hmmmm. I would say that the CBI is getting ready to do something because …it doesn’t look like the normal course of business especially coupled with the CBI’s recently announced proposed massive loan to these same banks involved in the process – – – drum roll please – – – in dinars.
2-6-2015 Newshound Guru Adam Montana [I saw a comment from someone who said that Iraq could possibly cash in dinars from within Iraq only and not from people outside of Iraq after the RV takes effect. How likely do you think that could be?] No way. That won’t happen.
2-6-2015 Newshound Guru sczin11 “Finance Minister Looking tax compliance with America Finance Minister Looking tax compliance with America” “During the meeting, discussion of tax compliance with the United States of America Agreement (Vta) and concluded between the United States and most countries and related tax compliance for foreign accounts to provide tax information on people who hold US citizenship…” HUGE HUGE HUGE RELEASE…IRAQ IS MOVING FORWARD TO COMPLY WITH THE USA LAW THAT WENT INTO EFFECT I THINK JULY 2014… I BELIEVE FACTA? THE ABOVE MEANS ONLY 1 THING…IRAQ IS EXPECTING MONEY INVESTED IN THEIR COUNTRY BY YOU AND ME!
2-6-2015 Newshound/Intel Guru BGG Quote: “…the mechanism of action in the counting and checking, sorting and bundles of banknotes as well Technology to fake and damaged automatically excluded.” This is a MASSIVE announcement. Why the big push to eliminate fraud and damaged notes now??
2-6-2015 Intel/Newshound Guru American Contractor Inside the Iraq Federal Budget, there will be three very important economic laws passed. The laws will be Custom Tariffs System, the Local Products Protection and the Consumers Protection. The Custom Tariffs System will be of no use in the northern Iraq as the Islamic State militants control all border checkpoints. There will be no revenue gain as long as the militants are there. The Iraqi government is trying to control the price manipulators of goods coming across the border. The Iraq Stock Exchange is noticing the effect of a strong dollar and the weak Iraqi dinar. Chairman of the Securities Commission Abdul-Razzaq al-Saadi said “Supply and demand and the impact of the Central Bank through traders sell the dollar and reduce the amount of the money changers and the amounts sold led to higher prices in the Iraqi market.” We hope that the Central Bank can stop the current monetary policy and increase the value of the Iraqi dinar.
2-5-2015 Newshound Guru Aggiedad77 Article: “Central sales of the dollar rises auction today to $ 82 million” CBI once again exceeded the 75 million dinar per day cap that the budget put in play…because it can…because the budget has not been signed into being yet…and probably because the Article 50 in the budget concerning the cap may not be applicable to the CBI in the first place being an independent body. One member of the Finance Committee believes the CBI is obliged to hold it’s auctions to the cap prescribed by the Budget Law…claiming that Iraq has a enormous amount of hard currency…remember this is being contested and turned over to the Federal Court for a decision.
2-5-2015 Intel Guru Frank26 [Do we want to see the CBI TALK or do we want to see the CBI ACT?] I expect to see that the CBI’s TALK will allow them to ACT upon their WORDS to bring forth ACTION in the lifting of the dinar’s …VALUE.
2-5-2015 Newshound Guru Tlar …the CBI recently minus the 75 million per day cap fiasco, IMO has been making all the right moves. That is my observations. …I think they have done a good job…in the lead up to internationalizing their economy and hopefully, currency.
2-5-2015 Newshound Guru Breitling When I first got in this investment you HAD to have faith. One 25K note had 25,000 dinar in that one note…They had about 15 Trillion dinar out there…what we didn’t know was how many notes there were that represented the 15 Trillion dinar. We knew the note count when they hit 30 Trillion dinar…[they told us] it was represented by 9 Billion notes. The reports started coming out by Dr. Shabibi saying we need to reduce 70% of the note count because their agenda was to get to a $1.17 and then get to the $3 range…that’s it. that’s all you need to watch. They told everyone what the process would be and the budget reflects that THIS time!
2-5-2015 Newshound Guru Breitling They passed the budget…they’re still moving ahead. They’re still building their infrastructure. When you look at a country that reduces the currency note count, 100% of the time the value goes up. Turkey never reduced their note count. Iraq reduced their note count. I can’t stress enough on how the budget reflects whats coming down the road…they’re telling everybody. You’re never going to see in the news that they are going to RV their currency. If you hear that they’re going to shut the auctions down, that will be something. We’re at 4 billion notes right now…they need to get down to 1 billion…how are they going to do that?
2-5-2015 Newshound Guru My Ladies THEY ARE TAKING ALL THE PROPER STEPS AND DOING IT FAST TO BE SURE THE PRIVATE BANKS ARE READY FOR THE INDEPENDENCE AND THE INTERNATIONAL STAGE. THE COMMITTEE OF ECONOMIC AFFAIRS HELD ANOTHER BIG MEETING TODAY. THIS IS THE 3RD ONE SO FAR…THERE IS SO MUCH GREAT NEWS OUT THERE TODAY. WE ARE REALLY VERY CLOSE TO THE END.
2-5-2015 RUMOR Guru TerryK I HAVE CONFIRMED THIS THIS AFTERNOON …THE BUDGET WAS DELIVERED ON MONDAY THE 2ND OF FEB TO ABADI. BY LAW HE HAS 15 DAYS TO COMMENT OR VETO. SO IF HE WAS PART OF THE DRAFT OF THE BUDGET DO YOU THINK HE IS GOING TO REDO IT? IF HE DOES NOT VETO IT OR DOES NOTHING THEN ON THE 17TH IT GOES INTO LAW. NOW IF HE SIGNS IT, IT CAN GO INTO LAW ANYTIME BEFORE. SO AT THE LATEST IT GOES INTO THE GAZETTE ON THE 18TH OF THIS MONTH. AGAIN THIS IS IF THERE IS NO MODIFICATIONS OR VETO.