Iraqi Dinar Guru opinions 3-31-15
Iraqi Dinar Guru opinions 3-31-15
3-31-2015 Intel Guru Frank26 SECURITY…This is extremely important topic in Iraq right now. How is possible that all of these important people are there in Iraq…if Iraq is still in a war-torn condition and dealing with “security?” Securing Iraq really started back in 2014 when the GOI and the CBI became one. Have you seen the CBI talk to you since Abadi and the governor of the CBI got together? That was a major meeting for the MR (Monetary Reform) of the IQD. Have you seen any word from the CBI since that meeting? It’s been over a week. No word yet they still meet. They are still meeting. Today…actually late last night…the GOI (finance minister) comes out and says “hey, we’ve already used 30% of the budget”. Of course they’ve used up 30% of the budget…we’re nearly ending the 1st quarter of 2015. You saw payments that were sent to the Kurdistan region. So…the Kurd’s millitary is the only ones who got paid? That is correct. Can we see the rest of the budget now? No. Why? …because in our opinion they only have 2-3 trillion dinars left. That’s it.
3-31-2015 Intel Guru Frank26 They are really scraping the bottom of the barrel now. Liquidity is about used up. So in the next coming days they are planning on opening up and using the other 70% of the budget – (in the article this morning). In the next few days? How will they open the rest of that 70% of the budget? In our opinion by raising the value of the IQD and by removing 1166 and sending a LOI. [Letter of Intent]. The LOI we believe was sent on March 3rd and matures in 30 days. In the next few days they will create liquidity by creating value to the exchange rate! The sequence of events are lining up right before your eyes…SECURITY…ISX…COUNTERFEITING MEASURES…everything is lining up!
3-31-2015 Newshound Guru Millionday Article quote: “The Iraqi government announced on Sunday, modify the civil Banking Act, or the so-called «commercial banking law…” THEY ARE AMENDING THE ISLAMIC BANKING ACT AND THIS IS BEING OVERSEEN BY THE WORLD BANK. THE BANKING LAWS THEY ARE REFERRING TO ARE FROM 2004 — IT IS LOGICAL THAT THESE WOULD NOT GO WITH THE ECONOMIC AND BANKING DEVELOPMENT THEY ARE WORKING — SO THIS IS GREAT NEWS. THE GOAL IS TO DEVELOP A COMPETITIVE ATMOSPHERE FOR BANKING AND INVESTMENT. THEY HAVE TESTED THE REGULATIONS AND ISLAMIC BANKING TO SEE HOW GLOBALLY IT WILL WORK AND FOUND THAT IT WORKS — TEST PASSED!
3-31-2015 Newshound Guru Millionday THIS IS HUGE AS FOR BANKING DEVELOPMENT IT IS NOT SOMETHING DONE AND ADDRESSED IN THE BEGINNING BUT IS HOWEVER TESTED AND ADDRESSED AT THE END OF ALL THE PLANNING ETC — WHOOPOW! NO ONE KNOWS THE DATE OF WHEN THE ACTUAL REALITY RATE WILL BE APPLIED — THE ECONOMIC PROGRESS IS VERY EXCITING DUE TO THE FACT THAT IT IS ALL PART OF THE BANKING REFORMS THEY HAVE TALKED ABOUT IN PREVIOUS REPORTS. THE INFORMATION IS VERY EXCITING TO SAY THE LEAST.
3-31-2015 Intel Guru Jester HOW DO YOU EXPLAIN THAT THE SECRETARY OF THE TREASURY AND THE HOUSE MAJORITY LEADER SHOW UP IN IRAQ? THEY HAVE NO OBVIOUS BUSINESS IN ANYTHING LIKE THAT WHICH YOU WOULD USUALLY EXPECT THE SEC OF STATE TO BE INVOLVED WITH…LEW IS THE HEAD OF THE UST… WHICH HAS CONTROL OF THE OIL CREDIT CONTRACTS… AND HE IS IN IRAQ WITH BOEHNER…HE IS THE ONE TRUSTED BY THE CHINESE TO GET THAT DONE… THAT BEING THE OIL CREDIT CONTRACTS…WELL ALL I CAN SAY IS HE [BOEHNER] OBVIOUSLY HAD SOME REASON FOR BEING THERE… THEY DO NOT JUST UP AND DECIDE TO VISIT IRAQ FOR NO REASON I WOULD THINK…I AM HOPING TO SEE SOME EVIDENCE OF WHAT THEY WERE DOING THERE SOON… NOTHING WAS MENTIONED ABOUT WHY IN THE ARTICLES SAYING THEY WERE GOING… WHICH IN AND OF ITSELF I FIND A LITTLE ODD…USUALLY THERE IS SOME EXPLANATION OF THAT UP FRONT… THIS TIME… NOTHING…
Fact check, it was Ban Ki Moon and John Boehner that were/are in Iraq, not the Treasury Secretary Jack Lue. If he is/was, I did not see that stated in any articles.
3-31-2015 Intel/Newshound Guru Poppy3 I WAS TOLD BUT CAN’T FIND IN PRINT THAT IF THE BUDGET IS NOT INSTALLED BY THE END OF THE FIRST QUARTER THEY WILL BE PREVENTED FROM MAKING THE PAYMENT TO WIDOWS, ORPHANS, RETIRED MILITARY RETRO ACTIVE BACK TO JAN 1. IF TRUE PEOPLE WILL BE HIGHLY PISSED OFF.
3-31-2015 RUMOR Guru TerryK HERE IS A TEXT FROM A GOOD SOURCE…CAN’T TALK BUT ALL COMING TO A END TODAY OR TOMORROW [TUESDAY].
3-30-2015 Intel/Newshound Guru Backdoc THIS PROCESS APPROACHES CONCLUSION BY THEIR WORDS …WITH 30% OF THE BUDGET OFFERED UP AND THE REMAINING TO BECOME LIQUIFIED IN “DAYS” AS THEY SAY! WITH A LOI APPROACHING MATURITY, THE GREEN LIGHT WILL SOON BE HISTORY!
3-30-2015 Newshound Guru sczin11 I HAVE STATED MANY TIMES, I DIDN’T BELIEVE THERE WAS ANY DELAY IN THE MONETARY REFORM PROCESS AND THAT THE PLAN WAS ROLLING OUT METICULOUSLY, AS PER THEIR DESIGN…EVEN THOUGH IT APPEARED YEARS AGO, DR. SHABIBI WAS READY TO GO WITH THE REVALUATION OF THEIR CURRENCY, ONE MUST REALIZE, EVERYDAY NEW ISSUES ARISE, AND THE BEST LAID PLAN, OF MICE AND MEN, MUST BE ADJUSTED TO CONFORM TO THE ISSUES OF THE DAY! THAT BEING SAID, WE HAVE BEEN GIVEN MANY INDICATORS ADDRESSING THE NEEDS OF MONEY, LIQUIDITY, AND THAT MANY ADVANCEMENTS HAVE BEEN MADE IN THE BANKING SECTOR… ELECTRONIC PROCESSING, E-GOVERNMENT PLAN, CUSTOMS AND TARIFFS, QI CARDS, SMART CARDS, NATIONAL DATA CARDS, MC AND VISA, RATION, AND MORE…
3-30-2015 Newshound Guru sczin11 CERTAIN BANKS TESTED IN AND OUT OF COUNTRY…BANKS TRYING TO LURE CUSTOMERS BACK IN… LAWS, BANKING AND INVESTMENT BEING READ, AMENDED, AND VOTED… PRIVATE SECTOR IS IN SPOTLIGHT..THE FOREFRONT OF MOST DISCUSSIONS RELATING TO THE ECONOMIC REFORM…CBI HAS CALLED IN OLD FIFTY DINAR NOTES…NO SECURITY WORTH TALKING ABOUT ON THEM…ONLY GIVING 60 DAYS FOR THAT PROCESS, OR CONSIDER THEM WORTHLESS…NULL AND VOID…IS THEIR OTHER CURRENCY GOING TO BE WORTH THAT MUCH MORE? THE BUDGET GETS PASSED, AND WE WAITED FOR PRESIDENTIAL RATIFICATION…FINALLY, THAT BEING COMPLETED, WE WAITED FOR GAZETTE ENTRY…THEN WE WERE TOLD IT WAS ENTERED INTO LAW…THE GAZETTE…FIRST WE HEAR PART ONE, AND THERE WERE SEVERAL PARTS, THEN WE HEAR WHOLE THING…
3-30-2015 Newshound Guru sczin11 THEN WE WAIT FOR CBI TO FUND BUDGET…WE FINALLY SEE SOME IN COUNTRY SALARIES PAID, BUT NOTHING ON INVESTMENT OR PROJECT SIDE, WITH CONTRACTS FOR INTERNATIONAL COMPANIES, OTHER THAN ONES ON CREDIT OR WITH TERMS…SO, WE OPINE, THE BUDGET HAS NOT BEEN FULLY ACTIVATED, OR IMPLEMENTED…THEN WE READ THAT THE CBI HAS FILED A COURT ACTION, REGARDING MANY PROBLEMS THEY SEE WITH THE BUDGET…MANY ARE SPECULATING AS TO WHY THE BUDGET IS NOT BEING FUNDED BY THE CBI…HOW CAN THE CBI FUND SOMETHING THAT MAY BE FORCED TO BE CHANGED…RESULTS FROM THE COURT ACTION MUST BE RULED IN ORDER FOR THE CBI TO KNOW WHAT AND HOW MUCH THEY CAN FUND…HOW COULD THE CBI FUND A BUDGET LINE ITEM, AND THEN WATCH IT CHANGE BY A COURT RULING… BASICALLY, AN INJUNCTION AGAINST FUNDING THE BUDGET IS WHAT HAS TRANSPIRED…
3-30-2015 Newshound Guru sczin11 NOW WE SEE IN LAST COUPLE OF DAYS, COURT IS RULING OR HAS COMPLETED ITS RULING ON THIS CBI CLAIM…AND WHAT DO WE NOW SEE TODAY RELEASED? THE BUDGET HAS ONLY BEEN FUNDED 30%, AND THE REMAINING 70% WILL BE FUNDED IN THE NEXT FEW DAYS…PUT THOSE PUZZLE PIECES TOGETHER…WE ARE ON OUR WAY…THE NEW IRAQI DINAR, THE FOREIGN INVESTOR, THE CITIZENS OF IRAQ, AND ALL OF US…MUCH TO BE ENCOURAGED ABOUT HERE!
3-30-20215 KING of RUMORS Guru This was scheduled for Saturday; there is a schedule for this week, and we’ll see what happens. The people at the banks are ready to go, and they removed some defenses so that it can go through more smoothly. They have been practicing with the dinar and the dong, at different rates, and one person exchanged zim overseas. Cards are loaded, and the process has been explained. They are in the final phase of four…We are all just waiting for that final word.
3-30-2015 RUMOR Guru Everyone is frustrated that it didn’t go down this weekend. They haven’t backed off, they are still at a high level of readiness. Iraq announced all weekend that they are doing this, and announced that they are doing everything in dinar now, no dollars. The CBI and all the ministries are ready in Iraq, and that is being announced on the television. Everything else is just sitting there ready; nothing has changed much from Friday. CBI and Abadi’s office are telling everyone to relax, it is happening. I am watching what they are doing at CBI, the banks and the ministries, and they are all lined up. Everything is good in Iraq. The USA is waiting on Iraq and the IMF lead. There were some exchanges going through over the weekend, but those were test cases. We are glad that the system is going so well, and we are eager to get in that line. They are waiting on Iraq. Banks, security, politicians are still on high alert…
3-30-2015 Newshound Guru tlm724 Article: “Today the launch of social protection salaries” they are finally paying the people for the first 3 months of the year!” Quote: “The preparation of this meal amounted to 439 thousand and 461 beneficiaries in Baghdad and the provinces.” meal means the salary. Quote: “adding that the review of the receipt of the subsidy will be through banks and the offices of smart card to card” that tells us the smart card system is running correctly this time!
3-30-2015 Newshound Guru Kaperoni Articel quote: “the rise in the dollar’s exchange rate against the dinar “serve” Iraq, through the creation of the phrase “positive” variables such as the provision of new jobs and stimulate different working local production sectors, indicating that the low price is a “support” to the importer foreign national account.” Looks to me like they are trying to create inflation through taxation so they can raise the value of the dinar. We can hope.