Iraqi Dinar Guru opinions 3-11-15
Iraqi Dinar Guru opinions 3-11-15
3-11-2015 Newshound Guru Millionday Article quote: “it has to be from the central bank to take swift action to restore the dinar exchange and save it from degradation rate.” THEY ARE SAYING THAT THE POSITION THEY ARE IN RIGHT NOW REQUIRES THAT THE CBI MOVES FORWARD AND WITH A HUGE RUSH TO RESTORE THE DINAR EXCHANGE RATE FOR IRAQ. SO THEY ARE SAYING (PARLIAMENT ECONOMY) THAT THEY ARE READY FOR CBI TO MOVE RIGHT NOW AND PUT IN THE EXCHANGE RATE AS CALCULATED — PARLIAMENT IS STATING IT IS TIME TO RESTORE THE DINAR EXCHANGE RATE AND IN A HURRY TO SAVE THE IRAQI ECONOMY, MARKET, AND THE PLAN THAT HAS BEEN PUT IN PLACE FOR ALL AGREEMENTS AND ALL TRADE — THEY HAVE STATED THAT THEY WANT IT TO BE DONE URGENTLY — SO VERY FAST ACCORDING TO WHAT I HAVE READ.
3-11-2015 Newshound Guru Millionday Article quote: “He denied the Iraqi Central Bank, last week reduced its reserves of hard currency (the dollar), indicating that it covers the Iraqi currency traded at more than one and half times the size, without setting a specific value of the reserve.” AS WE SEE ONCE AGAIN IT IS 150% OF THE DINAR VALUE THAT THE RESERVES ARE AT BUT — THE MOST INTERESTING PART IS THAT THE AMOUNT HAS NOT BEEN RELEASED DUE TO THE EASY CALCULATION THAT WOULD PROVIDE OBVIOUSLY.
3-11-2015 RUMOR Guru Mnt Goat This past week we have read many articles from the CBI and the parliamentary finance committee on the currency reform. I do know they are completing the currency reforms as I write this…I havn’t heard of any delays. I also read in article that Kurdistan has been paid in full for all debt owed by the GOI. It confirms once again HCL is done and implemented. In the news was a statement by the finance committee telling the CBI they are ready to begin the “project to delete the zeros”, they called it the go ahead and gave the “green light”. I totally believe they have begun this process already even much more deeper than the collection of over 90% of the in-country 3 zero notes held by the citizens. We have seen once again this week the buying of yet more gold by the CBI. This is how they are going to get the rate to come out so high (around $3.90+ USD to the IQD in exchange). First the reinstatement followed by a major revaluation just days or a week afterwards. I still believe this is the plan. This reinstatement and later a major revaluation are about to happen. The clock is ticking.
3-11-2015 Newshound Guru Kaperoni Article: “Dr. Salam smeisim *: the financial market and the Iraqi dinar and the economy” Quote: “The stock market “, according to the laws of market economy” requires a set of procedures to do its part, and these actions: 1. move the interest rates banks according to the size of the stocks and other securities on the market, 2. freedom of foreign exchange input and output, 3 and floating exchange rate of the national currency,” Floating the dinar is coming. [Guru] Enorrste is so right…the first two are done. The question is going to be at what point do they flip to the new exchange rate regime.
3-10-2015 Intel/Newshound Guru Poppy3 5 YEAR PLAN DOESNT MATTER WE ARE ONLY INTERESTED IN THE RV AND THEY HAVE STATED SEVERAL TIMES THEY WILL FINISH THE REMOVAL OF THE 3 ZERO NOTES IN 24 TO 36 MONTHS AND THIS TIME LINE HAS STARTED. ALL THEY NEED IS THE RATE AND THE 3 ZERO NOTES WILL FLOW IN. REMEMBER THEY HAVE ALREADY COLLECTED MOST WITHIN COUNTRY. NEXT WILL BE OURS AND WHAT IS THROUGHOUT THE WORLD. THEY HAVE JUST THIS WEEK BEEN PREPARING TO TAKE IN INTERNATIONAL DINAR. IT SOUND AWESOME TO ME. [ you really dont think we need to wait 24 – 36 months right?] ABSOLUTELY NOT THAT IS HOW LONG THEY ARE ALLOWING TO CLEAR ALL OF THEM FROM CIRCULATION…THEY NEED TO START WITH THE RATE asap TO GET THEM COMING IN AND INCREASE THEIR CASH FLOW.
3-10-2015 Intel Guru Frank26 “Jurisdiction of Complaint: Defendant “Nouri Kamel Al Maliki” assumed the post of Prime Minister of theCouncil of Ministers and Commander-in-Chief of the Armed Forces of Iraq between the years 2006-thru-2014, and during the period of his governance committed numerous of egregious violations and crimes…” (the charges against Maliki) This spells SECURITY for everyone who has an interest in the middle-east. IMO – This will expedite the monetary reform. The bad guys wanted to steal the money. M [Maliki] and his buddies tried to do it. This puts the Monetary Reform on the fast-track!
3-10-2015 Newshound Guru Millionday THEY ARE WORKING TO MOVE FORWARD TO MEET ALL GOALS THEY HAVE SET AND ARE ACTUALLY SHOWING THE IMPORTANCE OF THESE TIMELINES…THIS WE ARE IMPRESSED BY AND ALSO ENCOURAGED TO SEE SUCH DRIVE IN THIS GOVERNMENT. WE HAVE LITTLE NEWS AND IT ALL HAS SHOWN US THAT THEY ARE WORKING TO REFORM THE COUNTRY — THIS I AM VERY HAPPY WITH.
3-10-2015 Newshound Guru Enorrste Article: “Dr. Salam smeisim *: the financial market and the Iraqi dinar and the economy” Quote: “The stock market “, according to the laws of market economy” requires a set of procedures to do its part, and these actions: 1. move the interest rates banks according to the size of the stocks and other securities on the market, 2. freedom of foreign exchange input and output, 3 and floating exchange rate of the national currency,” What is really nice is that she lists three things, the first two of which have already occurred. This means we are only waiting for the float to be announced. Number two was activated on Sunday, so we are definitely in Allaq’s “green light” zone.
3-10-2015 Newshound/Intel Guru Arthur …although a lot of progress has been made on many fronts, we are still waiting on the same thing: GOI + HCL = RV… Based on what I am getting from Iraq the negotiations have heated up on another level due to an international team there to expedite this final piece to the monetary reform of Iraq. Nothing and I repeat NOTHING moves substantially forward until this is officially completed and the GOI, CBI, and the PTB are aware of this and are working feverishly to get it done. Without going into too much detail, several minor mistakes were made by all concerned…the Region and the Center for their respective expectations and the CBI and GOI for their policies set based on the anticipations thereof that, hindsight now being 20/20 would not have occurred, but the numbers are now being recrunched and the parliament will soon get the final version to sign into permanent law hopefully by the beginning of next week shortly after which the budget to be fully implemented and opened with the agreed upon monetary reality of the new Iraqi economy.
3-10-2015 Newshound Guru Millionday EVERY TIME THE OIL AND GAS LAW (hcl) HAS BEEN SENT TO PARLIAMENT IT HAS BEEN SENT BACK FOR A CHANGE TO BE MADE RIGHT AWAY — UNTIL NOW—NO NEW STUDY HAS BEEN ANNOUNCED YET FOR THIS TIME. RIGHT NOW IT IS EXPECTED TO BE READ TWICE AND VOTED THROUGH DUE TO THE AGREEMENTS AND TIME SPENT THIS TIME…THIS IS GREAT NEWS…PROGRESS IT APPEARS THAT WE HAVE HOPED TO SEE. [is the bill in parliament now to be read and approved?] YES IT IS ACCORDING TO THE REPORTS I HAVE READ — IT IS FINALLY THERE AND READY FOR THE STEPS TO LAW — THE WAY I UNDERSTAND IS THAT THE FINANCIAL PART OF THE LAW IS DONE DUE TO THE BUDGET BEING DONE…THEY DO NOT EXPECT IT TO BE RETURNED AND THEY HAVE ANNOUNCED THAT THEY AGREE ON BOTH SIDES ON ALL ISSUES TO DO WITH HCL…
3-10-2015 Newshound Guru Breitling No body knows why the CBI took the announcement down. (It’s back up so it’s official) They are retiring the 50 dinar note that’s going to help reduce the note count and because no body uses the 50 dinar note. As far as our investment is concerned it’s…either they are going to float it from this rate on up  or they are going to revalue it to a higher number and float up from THAT number. How long will it take? No body knows. It’s hard to figure out what pace they are going to do it…When they go through the process it’s going to take 2 or 3 years…that’s the only time from a the CBI has given.
Just an observation: If the guru’s claims are correct and most of the three zero notes were pulled from circulation in Iraq, I suspect that they are being kept in the vault at the CBI. Having said that, the many banks that were robbed by ISIS or “Daash” must have gotten mostly the 50 Dinar notes that are now being retired…coincidence? Maybe not, in order for ISIS to make purchases with them in the future, they will have to “trade” them in for the other notes, we all know that ISIS will not be able to “exchange” them, is this part of the reason for retiring the 50 dinar notes? Remember that the same thing occurred in Kuwait after Saddam invaded and stole the printing plates for the Kuwaiti dinar, they immediately de-valued the Kuwaiti dinar to almost worthless paper while they designed and printed their “new Kuwaiti dinar”, they also gave their citizens 60 days to exchange for the “new currency”. Sound familiar? Just my opinion.