Iraqi Dinar Guru opinions 2-12-15
Iraqi Dinar Guru opinions 2-12-15
2-12-2015 Newshound Guru Millionday Article quote: “A government source said today, that the prime minister Haider al-Abadi, will announce on Thursday [private sector development strategy]…” …THE PRIVATE SECTOR DEVELOPMENT PLANS/STRATEGY IS HUGE — AND THAT SAYS TOMORROW [THURSDAY]. SO THIS GOES WITH MANY MANY OTHER THINGS FOR TOMORROW [THURSDAY]… THE PLAN WILL BE EXPLAINED AND TRANSPARENT. TOMORROW [THURSDAY] SHOULD BE THE BUDGET — FIVE LAWS (INVESTMENT AND ECONOMIC) AND THE GOV PROGRAMS BEING ACTIVATED — ALONG WITH THE MARKET ECONOMY STEPS PER LAW OF CONSTITUTION AND A FEW OTHER THINGS I DONT HAVE INK ON.
2-12-2015 Intel/Newshound Guru Poppy3 EXPECTING A RATE BY MONDAY EVENING AT THE LATEST UNLESS SOMETHING VERY DISRUPTIVE HAPPENS. TIME WILL TELL. THAT INFO FROM STREETS OF BAGDAD AND OFFICES IN WASHINGTON AND THESE ARE THEIR THOUGHTS AS TO WHERE IRAQ STANDS AS OF TODAY.
2-12-2015 Newshound Guru My Ladies EVERYTHING IS MOVING ALONG SLOWLY BUT STEADILY ON THE RIGHT TRACK. Abadi’s Speech Quote: “Prime Minister Haider al-Abadi, on Thursday, an initiative to develop the private sector in Iraq, “stressing that” Iraq will emerge Aouky of economic and security Ozmteh but they need to be patient. ” …THE SPEECH FROM THIS MORNING…ABADI IS ADDRESSING THE ISSUES OF THE PRIVATE SECTOR AND FUTURE PLANS…ALL HE DID WAS GATHERED ALL THE THINGS THAT NEED TO BE DONE AND PUT THEM INTO ONE ADDRESS. HE SAYS THESE ARE ALL THINGS TO COME AND EVERYONE NEEDS TO BE PATIENT.
2-12-2015 Newshound Guru Adam Montana [Given all of the activity coming out of Iraq over the last 6-8 weeks, what are your current thoughts about the timing of an RV?] I try not to go into dates, but this has been THE most exciting time we have seen EVER! So… step 1, publish the budget. Step 2, HCL. Step 3, RV.
2-12-2015 Newshound Guru My Ladies SOMEWHAT GOOD NEWS IS THE BUDGET IS NOT IN THE GAZETTE YET. SO WE JUST HAVE TO SEE WHAT HAPPENS. I AM STILL LOOKING TO THE GLOBE AND THE JOB THE DINAR WAS MEANT TO DO. IRAQ IS WAITING TOO. AND WHILE THEY WAIT THEY ARE GATHERING NEW BILLS AND OLD BROKEN LAWS AND MEETING IN PARLIAMENT A FEW HOURS EACH TIME AND DOING FIRST READINGS ON MANY THINGS AND SECOND READING ON SOME THINGS BUT NOTHING REALLY TO SPEAK OF IS GOING TO A VOTE. THEY ARE UNABLE TO VOTE IN SOMETHING THEY CAN NOT PAY FOR.
2-12-2015 Newshound Guru My Ladies WE NEED TO SEE THE CURRENCY GO INTERNATIONAL FIRST THEN SEE THE GAZETTE. IF IT IS DONE THE OTHER WAY AROUND WE HAVE A SERIOUS PROBLEM. IF THE GAZETTE PUBLISHES AND THEY ARE NOT INTERNATIONAL THEN IRAQ HAS DEFIED BASIC ECONOMICS AND WE NEED TO SET IT ASIDE, BECAUSE THEY WILL NOT RE PRICE ANY TIME SOON. …DON’T BE DISCOURAGED THAT WE ARE NOT SEEING IT IN THE GAZETTE…AS HARD AS IT IS TO BELIEVE THAT IS A GOOD SIGN. INTERNATIONAL CURRENCY IS NEEDED BEFORE THEY PRINT AND FUND THE BUDGET.
2-12-2015 Newshound Guru Chattels gold price still dropping 1,218.50 [awesome!!! right?] yes…according to my ” pet theory “, that people in the know will dump their gold just before our liquidity event and re-invest at the low(er) price following the event.
2-12-2015 RUMOR Guru It looks like it will come out at something like $3.58 to $3.95. The dong may come out at 8 cents but we believe it’s most likely to rise afterwards. We are just really, really close. We understand that Iraq is ready, the banking issues are resolved, pretty much. The Budget is now is the Gazette, and don’t be shocked if it comes out a 1166 rate. It could take 4-5 days to get pushed out, so don’t get jumpy. We’re looking for it at night…
2-12-2015 RUMOR Guru Everything is great and on time. The budget is signed and in today’s Gazette…It IS in the Gazette. Even an Iraqi official we talk to says HE has to wait for a couple of hours. But it is there, officially, in the Gazette… and we should hear about it tomorrow. We have been hearing rumors that the dinar will come out at the approved rate ($3+) and stabilize for a while. We hear rumors the dong will come out at 8 cents…So far as I know, it’s $1.05 for the rupiah and 11 cents on the zim. It’s a three-day weekend here, and I can’t see it going past that…
Fact check, as of just a few minutes ago, the budget was NOT in the Gazette.
2-11-2015 Newshound Guru Adam Montana [Could the (supposed) impending return of Dr. Shabbi to the CBI have any effect on the timing of an announcement?] Dr. Shabbs has always had my respect as an intelligent and capable person – if that’s what’s going on, I’m sure there’s a good reason. My main focus right now is on the HCL.
2-11-2015 Newshound Guru Aggiedad77 Article: “Kurdish delegation led by Barzani’s visit to Baghdad on Sunday” Kurdish delegation led by PM Barzani will be in Baghdad on Sunday to discuss a misunderstanding over how much oil Erbil is capable of exporting…hopeful they can walk away with a bow tied over the whole oil deal.
2-11-2015 Intel/Newshound Guru tman23 The UN lifted Chapter 7…Iraq became SOVEREIGN…In other words; supreme, absolute, unlimited, unrestricted, boundless, ultimate, total, unconditional, full; principal, chief, dominant, predominant, ruling; …Iraq can raise their currency value to whatever they want…but for it to be recognized at “whatever” value other countries have to be willing to accept it.
2-11-2015 Newshound Guru sczin11 THEY CERTAINLY DON’T WANT TO UNDERVALUE THEIR CURRENCY, WHICH COULD LEAD TO FOREIGN SKEPTICISM, OR BASICALLY NON-BELIEF, THAT IRAQ IS BACK ON THE GLOABL MARKET! THEY MUST INSTILL FAITH, CONFIDENCE… AND REMEMBER THE OLD ADDAGE… “LEADERSHIP STARTS AT THE TOP”.
2-11-2015 Newshound Guru Mailman17 ECONOMIC REFORM IS WHAT WE SEEK…THE MOVE TO A MARKET ECONOMY. BUT THAT REQUIRES FUNDING. THAT FUNDING IS IN THE BUDGET. TO HAVE ECONOMIC REFORM REQUIRES A TRADEABLE CURRENCY, A RECOGNIZED CURRENCY AND FINALLY A STRONG CURRENCY ACCEPTED BY ALL NATIONS. THAT IS WHY IRAQ MUST COME OUT ON PAR. THIS EFFECTS NOT ONLY IRAQS FUTURE BUT ALL NATIONS AS THEY DEPEND ON THE STRENGTH OF THE DINAR FOR THEIR OWN CURRENCY. WHEN ABADI STARTS THE REFORM, LOOK FOR A RATE RIGHT THEN OR SHORTLY AFTER. JMO.
2-11-2015 TOTAL RUMOR Guru TerryK A LITTLE BIRD TOLD ME LATE LATE LAST NIGHT THAT THURSDAY THE 12TH IS THE DAY OF THE BLESSING AND THE RATE IS WHAT IT IS. NO ONE REALLY KNOWS BUT HEARING THAT KUWAIT IS GOING TO BE IN THE FIRST BASKET WITH A RV RATE…YES THEY ARE OR GOING TO BE INCREASING THEIR VALUE SO THAT GIVES IRAQ A RI / RV OPPORTUNITY. AS SOON AS KUWAIT NUMBERS ARE POSTED IRAQ CAN RV THE CURRENCY AFTER THE RI. IRAQ KUWAIT WILL COME OUT IN SAME BASKET. WHAT I’M SAYING IS THIS…WE MAY SEE A RI RATE OF 3.56 WHAT I’M HEARING BUT AS SOON AS THE KUWAIT RATE IS POSTED IRAQ CAN CHANGE AND MAY THAT FAST. IN FACT YOU MAY NOT EVEN SEE IT HAPPEN AS IT MAYBE DONE BEFORE IT HITS MAINSTREAM. THAT’S WHAT I WAS TOLD LATE LATE LAST NIGHT.
2-11-2015 Newshound Guru Backdoc A NOTE HERE ON THE DONG. IF VNM WAS ABLE TO REDUCE ITS’ MONEY SUPPLY WE COULD SEE A SHOCKING SURPRISE TO THE UPSIDE ON THAT TRADE! IF THEY DIDN’T WE WILL LIKELY SEE THE STRATEGY THAT WE ALL HEAR ABOUT OF COMING OUT AT POSSIBLY .03 TO .05 AND GRADUALLY RISE! I FOR ONE WOULDN’T BE SURPRISED IF WE SEE A SURPRISE RATE SINCE WE HAVE SEEN SO MANY PARALLELS TO THE DINAR! THE REAL QUESTION FOR ME IS WHEN? DO THE CENTRAL BANKERS WANT TO PREVENT DOUBLE DIPPING? TIME WILL TELL.
2-11-2015 Newshound Guru Backdoc WE HAVE SEEN BANKING REFORMS, GOVT. CONTROLLED COMPANIES BECOME PRIVATIZED. WE HAVE SEEN INFRASTRUCTURE LOANS SIMILAR TO IRAQ FROM THE WORLD BANK! WE HAVE SEEN THEM ADMIT SIMILAR GOLD HOLDINGS TO IRAQ UNTIL RECENTLY WHEN IRAQ BOUGHT MORE. WE ALSO KNOW OF MASSIVE RESERVES OF GOLD, OIL, AND GAS ON TOP OF THEIR INCREDIBLE FOOD PRODUCTION AND MANUFACTURING! WE HAVE SEEN SUCCESSFUL BOND SALES! WE HAVE SEE TRADING PARTNERSHIPS WITH EMPIRE COUNTRIES WHICH WILL CREATE DEMAND FOR THE DONG CURRENCY! THIS INCREASED CURRENCY VELOCITY WILL NATURALLY INCREASE DEMAND FOR IT. I STILL THINK THIS IS A GOOD TRADE TO HOLD. I DON’T THINK YOU WILL BE A DING DONG WHEN IT TAKES A REALISTIC VALUE, WHENEVER THAT HAPPENS!
2-11-2015 Intel/Newshound Guru tman23 The Kurd region has not received money from Baghdad…There has not been threats or any outspoken words from those that matter…Barzani (PM) and ministers will be in Baghdad this coming Sunday…Do not expect anything tomorrow…Barzani going to Baghdad on Sunday, …Very Big Day!
2-11-2015 Newshound Guru Adam Montana After a crazy rush of excitement early this year, we seem to have stalled out a little… but I’m not worried. The positives are pretty plain to see – Budget approved amazingly fast, as opposed to last year when they NEVER passed one! If this had happened at any time in the last 12 years, we would have been seeing contrary statements from the “other side”, but we are seeing less and less of an “other side”… they are truly working together and moving the ship forward. Abadi just continues to impress me! The next step is to publish the Budget in the Gazette, and that should happen any day now as it’s been announced that the President has signed off on it.
2-11-2015 Newshound Guru Adam Montana Unfortunately, the HCL wasn’t passed …so we’re still here talking about it. Now let’s talk about some GOOD stuff! “New CBI announcement 02/11/2015: To/banks authorized to exercise all banking -financial companies approved the conversion of all- all licensed exchange companies (sale and purchase of foreign currency instructions) 02/11/2015.” That sounds to me like the CBI is preparing to open the doors and do some business! A little food for thought… does this announcement by the CBI have anything to do with the ISX jumping like it did? Do people in the know, know things we don’t know? I guess we will see!
2-11-2015 Intel/Newshound Guru Backdoc …IRAQ HAS MADE COMMENTS LIKE THEY HAVE ENOUGH RESERVES TO BACK THEIR CURRENCY BY 1.5 TIMES! OTHER COMMENTS LIKE THEY CAN BACK A CURRENCY WITHOUT A CEILING! THOSE ARE MORE THAN CONFIDENT STATEMENTS! DO THOSE COMMENTS COINCIDE WITH A .10 CURRENCY THAT WILL GO UP GRADUAL OVER TIME WITH A CURRENCY THAT HAS BEEN OBLITERATED IN THE PUBLIC FLOAT? NOT!!
2-11-2015 Intel/Newshound Guru Backdoc WITH TEAM ABADI ANNOUNCING THE LAUNCH OF THE MARKET ECONOMY ON THURSDAY THE 12TH, THE COUNTDOWN CLOCK WILL BE RUNNING AND THE RACE TO BECOMING THE LONELIEST CURRENCY [#1] IN THE WORLD WILL BEGIN! WITH ALL THE CONTRACTS SIGNED SEALED AND DELIVERED FROM HUNDREDS OF COMPANIES AROUND THE GLOBE IRAQ IS SCREAMING TO LAUNCH!! ALL CONTRACTS HAVE TIME COMMITMENTS…THIS PUTS TIME IN OUR FAVOR! WITH THE BUDGET LAW NOW PASSED AND FUNDED, THE CLOCK JUST STARTED TICKING! THEY ARE NOW UNDER TIME PRESSURES! THEY WILL NOW PASS MULTIPLE LAWS IN “ONE BASKET” AS THEY HAVE STATED IN THE PAST!