Iraqi Dinar Guru opinions 3-15-15
Iraqi Dinar Guru opinions 3-15-15
3-15-2015 Newshound Guru Millionday Article quote: “Erbil – detecting a senior leader of the Kurdistan on Saturday that the region’s parliament approved the main points of contention in the oil and gas revenues fund law in Iraqi Kurdistan.” THEY HAVE APPROVED THE OIL AND GAS FUND LAW…THIS IS HISTORIC AND HAS BEEN WAITED ON FOR A VERY LONG TIME [this is the HCL we were waiting for?] THIS IS THE FINANCIAL SIDE OF THE OIL PROCEEDS — THE FUND ITSELF. [is the financial side of the hcl all we’re concerned about moving forward with a rate?] THIS MEANS THAT THE AGREEMENT WITH KURDISTAN AND IRAQ ON THE BUDGET AND OIL PAYMENTS IS READY AND SET UP — SO THIS IS A HUGE STEP FOR IRAQ AND BUDGET. THIS MEANS THAT MONEY WILL BE MOVING ON OIL SALES.
3-15-2015 RUMOR Guru Mnt Goat we are still now witnessing extreme pressure from many parliamentary members to complete the currency reforms. The Iraqi news media is telling the citizens that it has been completed already yet in Europe and in the West we still get news of it’s near completion. The truth is this current slow, methodical rollout is in the hands of the CBI. They are in the driver’s seat. I tell you the budget is opened but the cash flow spigot is very limited. Only selected provinces are receiving funds if deemed safe from ISIS. The next step is for the individual providence to push out the lower denominations when needed from the banks to make transactions for reconstruction. What rate do they use? Some are using the $3.91 rate already. This is fact and not my opinion! It appears to me ( I could wrong) that this rollout schedule is very dynamic and was first started with Kurdistan and then the other major cities free of ISIS. Then as they are liberated the others follow.
3-15-2015 RUMOR Guru Mnt Goat We know for a fact the Qi cards (for social benefits and retirement pay to Iraqi citizens) are loaded with a new rate but can’t be used as of yet. It was announced in Iraq on Friday these cards would be activated in the next few days. We are being told that this capability of the Qi cards will be turned on during Sunday March 15th . How far must the security issue be addressed prior to the final rollout of the RV? I am also told they need the Amnesty law passed along with the funding law for the National Guard (part of the power sharing agreement). Both these laws are up for final vote next week.
3-15-2015 Newshound Guru Kaperoni Article quote: “The basic choice that a government faces with its policy toward the exchange rate itself is between an exchange rate that is floating and one that is set or fixed by the government. In the polar case of a clean float the government permits private market demand and supply to set the exchange rate with no direct involvement by government officials. In a managed float or dirty float the government officials do intervene at times to try to influence the exchange rate, which otherwise is driven by private demand and supply.” This is a very important statement…”through the mechanisms already put in order not to influence the market.” This is confirming they are going to float the dinar and let the natural effects of the float (supply and demand) set the rate of the dinar. And more importantly, it confirms it will be a free float that the CBI will not intervene to try and influence the rate. This statement by Allaq is very clear and the only one that fits that criteria (two years without influence).
3-15-2015 Newshound Guru Kaperoni The question is when will they start? Ali al-Allaq wants his float to succeed. His window is over the next two years he wants to delete the zeros ( 1 to 1 exchange rate). So it is very important that the economic laws are in place so investor confidence occurs. When you have investors, you have an influx of capital. The result will cause the dinar to rise. I see this starting as soon as the laws are passed to support this investment process.
3-15-2015 Newshound Guru sczin11 Article quote: “Saadi: speculators rush toward their money in foreign currency in search of profit led to the withdrawal of cash from the stock market” THE MR [MONETARY REFORM] MUST, I REPEAT, MUST, BE COMPLETED…OR THIS COUNTRY WILL RETURN TO TRIBAL LEADERSHIP, AND IMPLODE! THE ISX IS THE KEY TO THEIR ECONOMIC FUTURE…
3-15-2015 RUMOR Guru TerryK I GOT WORD TODAY THAT NO WAY NO HOW THIS WILL GO PAST THE 24TH…THEY ALSO SAID FROM TONIGHT TO THE 24TH AND THEY RECONFIRMED THE RATE OF 3.90. THIS SOURCE IS WAY UP THE TEE PEE POLE. AND REMEMBER WHERE LAST WEEK I STATED THAT SOMEONE NEEDED FINAL SIGN OFF…WELL I WAS TOLD THAT HE WOULD BE DOING THIS TONIGHT [SATURDAY].
3-14-2015 Intel/Newshound Guru Poppy3 I RECEIVED ABOUT A MONTH AGO THAT INSIDERS IN THE GREEN ZONE WHERE SAYING THE NEW RATE WAS GOING TO BE HIGHER THAN ORIGINALLY EXPECTED IN ORDER TO MEET BUDGET INCREASES. TIME WILL TELL SOON. I KNOW YA’LL HATE THAT WORD LIKE I DO BUT I FEEL IT FINALLY APPLIES.
3-14-2015 Newshound Guru sczin11 Article quotes: “Parliamentary Finance Committee announced on Friday, near the starting point for ministries and local government allocations in the current year budget and grades and in the form of payments” “It added that the “functional assignments and grades will be launched in a few days and be in the form of payments due.” THIS IS SAYING THE CBI WILL BE FUNDING THE BUDGET…THE WAY THIS ARTICLE IS WRITTEN, DESCRIBING THE STEPS, BUDGET APPROVED, RATIFIED BY PRES, WRITTEN IN GAZETTE, AND NEXT STEP IS FINANCE COMMITTEE ENFORCING, IMPLEMENTING THE LAW, AND CBI NEEDED TO PROVIDE THEM WITH THE TOOLS…THE KEY TO THE CAR…IF TRUE, THIS WOULD BE NICE… SUGGESTING THAT THE CBI WILL BE FUNDING BUDGET IN A FEW DAYS…
3-14-2015 Intel Guru Delta WE HAVE A CONFIRMATION THROUGH ONE OF IRAQI BROKERAGE… THAT CBI HAS SUSPENDED ALL OUTGOING WIRES THROUGH IRAQI BANK SINCE LAST WEEK!!!
3-14-2015 Intel/Newshound Guru Poppy3 Reference Guru tman23 post 3-13-2015: “Fact…Monday the 16th the 3 Presidents are scheduled to meet…Abadi, Jabouri, and Masoum…It is also being said that the Kurdistan region will begin receiving their full share of the 2015 Budget as voted to law starting April 1st…IMO…I believe from news and what is happening on the streets regarding the economy…that after Saturdays Conference and Mondays Presidential meeting…then Tuesday’s CoM meeting… I believe we are about to see the directives to the Ministers on Tuesday that will be to implement the 2015 budget and open the economy.” I AM HEARING SAME INFO FROM TOTALLY DIFFERENT SOURCE…IF ALL GOES AS PLANNED TIME AND ACTION WILL TELL.