Iraqi Dinar Guru opinions 3-25-15
Iraqi Dinar Guru opinions 3-25-15
3-25-2015 Newshound Guru Millionday “…the decline in oil prices to unprecedented levels form a major challenge for the government and ministries of the state in the implementation of its development, noting the current financial crisis will be gone within the next few days…” THE ECONOMIC CRISIS — WILL BE GONE IN THE NEXT FEW DAYS! NOW THAT WE LIKE. THEY PLAN TO RESCUE THE NATIONAL ECONOMY AND NO OIL PRICE OR TERRORISM WILL STAND IN THE WAY OF THE PROGRAM FOR THE ECONOMIC RESCUE — WHOOOPOW. [COULD THAT MEAN AN RV?] THAT COULD INCLUDE THE ECONOMIC REALITY FOR THE MARKET ECONOMY THEY HAVE AS A GOAL…
3-25-2015 Intel/Newshound Guru tman23 The Kurd delegation coming to Baghdad to “restructure the agreement”… Lets just say… the Kurds are not coming to renegotiate anything…The Kurds need 1.2 billion per month and this is NOTHING NEW…Kirkut is told they will begin receiving $2 per barrel starting April…and they are set to deliver 400k barrels per day…Kurds consider Kirkut part of their territory…Point here is…lots of confusion and with Mustafa in Baghdad for the Kurd region before the arrival of the delegation…Abadi and team best have the ultimate game plan and offer…Again all eyes should be on the Kurds.
3-25-2015 Intel Guru Frank26 The governor of the CBI and PM Abadi are still talking…SECURITY is extremely important! The SECURITY within the CBI…meaning the “laws”…there are like 1,500 or more…many will become active once the budget is opened. Why isn’t the budget open? We don’t have a rate yet. In the meantime, all of the math is being done on the CBI spreadsheet. The slate was cleaned…completely wiped clean mathematically. Are we going past March? We don’t know but we don’t think so. We don’t know a date/rate.
3-25-2015 Newshound Guru sczin11 WE KNOW PROGRESS IS CONTINUING…I KNOW MR [MONETARY REFORM] IS IN PROCESS… I JUST AM NOT CERTAIN HOW OR WHERE WE WILL SEE IT FIRST…WHAT I DO KNOW, IT WONT BE IN AN ANNOUNCEMENT BEFORE IT HAPPENS… WE MUST ALL STOP AND REALIZE, ONCE AND FOR ALL…NO-ONE KNOWS DATE…AND IF THEY WANTED US TO KNOW, THEY HAVE HAD NUMEROUS OPPORTUNITIES TO DIVULGE…THEY HAVENT, AND WONT…YOU MUST REALIZE THAT THE CBI WILL SHOW THE RATE, THE FOREX WILL SHOW A BUY AND SELL PRICE, AND THE BANKS WILL ALL SHOW THE EXCHANGE RATES THEY ARE OFFERING, JUST LIKE THEY DO NOW FOR THE DONG, EURO, AND OTHERS…
3-25-2015 Intel/Newshound Guru Poppy3 there are laws that need passing but according to CBI the one’s pending to be put is action as law don’t effect the CBI giving the green light to turn the new RATE LOOSE. ABADI’S GOI NEEDS CASH FLOW DESPERATELY, HE HAS MADE THAT VERY CLEAR AND THE NEW RATE IS THE ONLY WAY LEFT TO PROVIDE THOSE FUNDS. WE ARE LOOKING VERY GOOD AT THIS POINT.
3-24-2015 Newshound Guru Kaperoni Article: “Government agrees to accept the proposal of the central instruments of private banks to taxes and fees” I remember back to early March when Allaq said he was giving the “green light” to delete the zeros…he said…”this process will be preceded by regulatory and administrative operations” Sure looks to me like they are putting those procedures in place now.
3-24-2015 Newshound Guru sczin11 I AM MORE ENCOURAGED ABOUT THE FACT THAT ABADI MET WITH CBI GOVERNOR PRIVATELY, FIRST TIME I EVER SAW SOMETHING LIKE THAT, THEN I AM ABOUT THE “TRANSLATIONS” OF WHAT WAS DISCUSSED…THE TRANSLATIONS CAN BE VERY AMBIGUOUS…BUT WHY PRIVATE MEETING AT ALL, AT THIS TIME? THAT IS EXCITING.
3-24-2015 Newshound Guru Kaperoni Article quotes: “Iraqis Economists Association predicted, Iraq was able to overcome its financial crisis… “…that the government, despite its preoccupation war and military operations against terrorist groups, but it has developed an economic program aimed at development and emerge from the current financial crisis.” …there are several ways to overcome a financial crisis…such as the sale of bonds, increase in oil exports, price changes, etc. …we know the solution is opening the market economy. Clearly there is a plan and Abadi appears to be determined to make sure it succeeds. Where exactly currency reform fits in that strategy is unknown…but it is required for a market economy to succeed so it is coming. I personally do think that the meeting between Abadi and Allaq was important and what was discussed appears to be very private as in the past when such a meeting would occur, usually some staff accompanies. Personally, I continue to believe laws must be passed before the CBI will make any moves and this ISIL war needs to be more under control.
3-24-2015 Newshound/Intel Guru BGG Article quote: “Prime Minister, Dr. Haider al-Abadi, received in his office on Monday, the governor of the Central Bank on the Keywords. During the meeting, they discussed the work of the central bank’s strategy for the coming period and the control of the Iraqi dinar exchange rate against foreign currencies.” That statement is so powerful. Apparently they intend to have dinar exchanged against foreign currencies…not just a foreign currency…foreign currencies…plural…it means international. I think the CBI governor is feeling the heat right now…will he play ball or will he be removed? It was a one on one meeting and the fact that they are meeting and talking in that context is fantastic.
3-24-2015 Newshound Guru Millionday Article quote: “Prime Minister “, received in his office today, Governor of the Central Bank on the Keywords,” noting that “During the meeting, they discussed the work of the central bank’s strategy for the coming period and the control of the Iraqi dinar exchange rate against currencies foreign.” THIS IS A MEETING WITH ABADI AND CBI GOVERNOR. ABADI IS STRESSING THE INDEPENDENCE OF CBI BUT IS STATING THAT THE ECONOMIC AND FINANCIAL REALITY AND ALL POLICIES NEED TO BE MOVED FORWARD TO REACH THEIR GOALS.
3-24-2015 RUMOR Guru WE DON’T KNOW THE DATE OR TIME…IT VERY WELL COULD BE TODAY OR WHATEVER!
3-24-2015 KING of RUMORS Guru EVERYTHING IS LOOKING GOOD AND MOVING… HANG ON! …IT IS STILL OUR WEEK!
3-24-2015 Newshound Guru Millionday Article quote: “A statement by the Arab Monetary Fund, seen by the “morning” will participate in the meeting of the World Bank representative…it is scheduled to attend the President of the Board of Directors overseeing the coding system Consolidated global legal related Council financial stability, which will give a presentation about the new coding system and its impact on payment and settlement systems.” THE MEETING THEY ARE TALKING ABOUT IS HUGE AND IS ABOUT THE IMPLEMENTATION OF A NEW SYSTEM IN THE INFRASTRUCTURE FOR CAPITAL MARKETS AND THIS IS ISSUED BY BIS (BANK OF INTERNATIONAL SETTLEMENTS). THIS INTERNATIONAL CODING SYSTEM WILL BE PRESENTED TO SHOW HOW IT WILL BE IMPLEMENTED AND ALSO ITS IMPACT ON THE ARAB REGION.
3-24-2015 Newshound Guru Millionday THIS WILL CHANGE THE WAY THAT ECONOMIC DATA IS DONE WITH FINANCIAL IMPACT A NEW CODING SYSTEM. I THINK THAT THE REFORMS MAY HAVE BEEN RELIANT ON THE NEW SYSTEM AS IT WOULD NOT BE SMART TO ACTIVATE THE OLD SYSTEM WHEN THE NEW SYSTEM WAS ABOUT DONE — SO LOOKS LIKE THIS WAS IMPORTANT TO BE DONE BEFORE IRAQ ECONOMIC REFORMS OR EVEN COUNTRY REFORMS.
3-24-2015 Intel Guru Jester THE FACT OF THE MATTER IS THE INFORMATION I RECEIVE IS THAT EVERYTHING IS DONE THAT NEEDS TO BE DONE…THAT THERE IS NOT ONE OTHER THING THAT NEEDS TO BE DONE…SO THAT LEAVES ONE THING LEFT… WHY IS IT NOT MOVING FORWARD? THE US IS THE HOLD UP. MY SOURCES SAY THERE IS NOTHING LEFT TO DO…EXACT WORD WERE ACTUAL…NOT ONE THING LEFT TO DO…
3-24-2015 Newshound Guru sczin11 WHAT MANY DO NOT UNDERSTAND, IS THAT THE RAISING OF THE VALUE OF THE DINAR, AGAINST INTERNATIONAL CURRENCIES, THE PAIRING IF YOU WILL, HAS LITTLE DIRECT EFFECT ON THE IN COUNTRY CITIZENS…FOR EXCHANGE PURPOSES…THE CITIZENS WILL REAP THE BENEFITS, WHEN THE COSTS OF THEIR GOODS PURCHASED ARE REDUCED, AS A RESULT OF LARGER PURCHASING POWER BY THE IMPORTERS…