Iraqi Dinar Guru opinions 2-8-15
Iraqi Dinar Guru opinions 2-8-15
2-8-2015 Newshound Guru Chattels […where does the budget business stand?] a real mystery to me…Parliament says they sent it to the Prez, but the Office of the President says not received? …it makes me think that the budget is not “revealed” because there is real significance to the ratification of the budget this time. the constitution talks in terms of 15 days after receipt then it is automatic, but the constitution is silent as to a budget passed and sent, but not received…it becomes a question of when does the 15 days begin? “Such laws are considered ratified after fifteen days from the date of receipt by the President.” what happens if there is not a “receipt”?
2-8-2015 Intel/Newshound Guru tman23 FORGET THE BUDGET…that is old news…The action now is at the CBI…and it is rattling inside the walls…the news…says that 15 days after the vote it’s automatic in play…so why chase your tail? Start looking at the CBI…thats where our interest now lies.
2-8-2015 RUMOR Guru Iraq not ready. Middle of the week. No problems.
2-8-2015 Intel Guru Frank26 We said they would NOT tell You …But trust me …Abadi is dying to tell You the mula is POURING IN LIKE A WATERFALL at this very nano second. THAT ACTION …IS SECURITY! For what? The Economic Reform of Iraq.
2-8-2015 Intel/Newshound Guru Backdoc I LOOK FOR CHINA TO SHRINK SOME OF ITS RESERVES BY LOSING BUSINESS TO VIETNAM WHILE IT DEFENDS ITS’ CURRENCY AND TRIES TO DIVERSIFY FROM AN EXPORTING ECONOMY TO A MORE DIVERSE ECONOMY! IT WILL HAVE TO PAY A PREMIUM FOR OIL AS WELL! CHINA WILL HAVE TO PAY DEARLY FOR THE BLACK GOLD AND VIETNAM HAS PLENTY! I LOOK FOR A MAJOR INCREASE IN THE DEMAND FOR THE DONG REGARDLESS OF WHEN IT FINDS A REALISTIC VALUE SINCE IT HAS PASSED ARTICLE 4 REVIEW FROM THE IMF!
2-8-2015 Newshound Guru Aggiedad77 Article: “Barzani meets with the oil and gas committee in the Iraqi parliament” PM Barzani met with the Parliament Oil and Gas Committee in Erbil today where they talked about issues with the oil and gas law, the Kurd aspect of this law, and how the Kurds plan on cooperating with PM Abadi to see the oil and gas law approved while final differences are worked out with the Kurds…it seems the Kurds remain happy at this point with things and will be worth watching in the coming days as we should see some positive activity in this direction.
2-8-2015 Newshound Guru Kaperoni Article: “Economists renew demands for the implementation of the deletion of zeros during the current year” Quote: “noting that the central bank governor said that the project will be implemented over the next four years.” This is very important statement…that Ali al-Alaq himself stated that the project will be implemented over 4 years. This statement is not from an MP or some other economist, but direct from the CBI Gov. Clearly showing it is gradual and not an overnight event. …at this point there is 30 trillion dinar or more in circulation…maybe even 40 trillion. The amount of currency in circulation is clearly printed in the CBI reports.
2-8-2015 Newshound Guru Kaperoni …”if” this plan is going to work, the CBI has to float the dinar so they can collect the 3 zero dinar at the lowest possible value and retire it. The CBI simply cannot afford to RV the currency at some rate like .10 or $1 and pay for the increase in value. As the one article states..the dinar will..”raise zeros from the dinar raise its value through sobriety,” meaning as the dinar strengthens in value, the larger 3 zero notes are retired. I can find an article that says 1.13 to the dollar…that does not mean its going to happen overnight. Let’s hope for a correction of around .10 but I am expecting much less out of the gate.
2-8-2015 TOTAL RUMOR Guru TerryK I THINK THIS WEEK SHOULD PROVE TO BE VERY HOT HOT HOT. WHAT I’M GETTING IS THIS IT’S ALL DONE. THEY ARE WAITING WHAT I WAS TOLD AGAIN IS THE 12TH. PARLIAMENT HAS TO DO A FEW THINGS ON THE 10TH AND 11TH…SHOULD SEE IN PAPER ON 12TH.
2-7-2015 Newshound Guru My Ladies THEY NEED TO FUND THAT BUDGET AND IN ABADI SPEECH YESTERDAY HE RE AFFIRMS THAT THE BUDGET IS APPROVED AND WILL BE ENACTED NEXT WEEK ALONG WITH MANY MANY LAWS…HE TOLD THE WORLD THAT YESTERDAY. HE IS ALSO SAYING NEXT WEEK HE WILL PUT THE “NEW” ECONOMIC SYSTEM INTO PLAY. THE GOVERNMENT HAS THE DETAILS WORKED OUT AND THE CBI HAS THE MONEY WORKED OUT. IF THE DINAR COMES PEGGED TO THE SDR AS WE THINK IT WILL IT WILL BE FIXED, NO SPIKES NO FLOATS.
2-7-2015 Intel/Newshound Guru Backdoc WITH BLACK GOLD IN A SHORT SQUEEZE PRICES LOOK TO HEAD LOWER BUT WHEN? MMMM THE RECENT NEWS IN IRAQ LEADS US TO THINK MAYBE NOT UNTIL THE DINAR TAKES VALUE! INTERESTING THAT 58.00/ BARREL IS A TARGET PRICE FOR THEIR BUDGET AND TODAY ENDS AT 57.80/ BARREL! MMMM. REMEMBER THE IQD FOR DECADES WAS OVER $3.00. NOW WE SEE ARTICLES TALKING ABOUT IT RETURNING TO NORMAL! MMMM. WHY DO YOU THINK THE CBI IS INVESTING BACK INTO ITS OWN COUNTRY TO FUND THE BUDGET? BECAUSE IT WILL BE THE BEST PLACE IN THE WORLD TO DO BUSINESS? THE BEST RETURN ON INVESTMENT “ROI”!
2-7-2015 Intel/Newshound Guru Backdoc WE HEAR THE CURFEW ENDS SATURDAY IN BAGDAD! HAVE THEY BEEN HIDING THIS IMPROVED SECURITY AS GANGS HAVE BEEN ROUNDED UP? MMMM. …ONCE THE BUDGET BECOMES LAW AND NEEDS TO BE ACTIVE ON THE 16TH DON’T ASSUME WE WILL SEE A LIVE RATE THEN! YES, WE ARE VERY CLOSE BUT REMEMBER NOTHING INTERNATIONAL WILL HAPPEN UNTIL OZ LETS IT GO! (Oz=IMF, WORLD BANK, U.S.TREASURY, AND CBI). YES WE HAVE A LOT TO BE EXCITED ABOUT…