Iraqi Dinar Guru opinions 4-26-15
Iraqi Dinar Guru opinions 4-26-15
4-26-2015 Newshound Guru Enorrste I misspoke in saying that it would be $1 to 1 dinar when the notes are issued. What I meant to say is that WHEN it gets to $1 per dinar then these notes would be worth $50 and $100 respectively as Saleh said in 2011. The error is mine. …the smaller notes will come out as needed, as the value rises. Since a 25000 note will be worth $2500 at 10 cents per dinar it is clear that the removal of the large notes will occur even before then. This means that the smaller notes, including the 50 and 100 talked…will have to come out well before $1 per dinar, and probably as low as 10 cents per dinar, when they would be worth $5 and $10 each. Then they would rise to an “eventual” value of $50 or $100 according to Saleh. Of course we believe it will go even higher eventually.
4-26-2015 Newshound Guru Millionday Article quote: “Commission revealed the economy and investment parliamentary Saturday, its intention to submit a proposal law establishing a sovereign wealth fund to attract investment in Iraq, while showed that this fund will be linked to the International Monetary Fund to give guarantees to investors.” THIS IS THE CONNECTION TO THE IMF FOR INTERNATIONAL INVESTMENT — THIS IS A FUND THAT IS USED IN MULTIPLE COUNTRIES AND OBVIOUSLY HAS NOT BEEN NEEDED IN IRAQ. THIS IS A STEP SOME HAVE BEEN WAITING FOR SO THIS SUBMISSION IS SOMETHING SOME WILL BE VERY HAPPY ABOUT… THIS IS REALLY HUGE…
4-26-2015 Newshoung Guru Millionday Article quote: “Commission revealed the economy and investment parliamentary Saturday, its intention to submit a proposal law establishing a sovereign wealth fund to attract investment in Iraq, while showed that this fund will be linked to the International Monetary Fund to give guarantees to investors.” THE FACT THAT THEY ARE ESTABLISHING THIS AS LAW SHOWS US THAT THE FUND IS GOING TO BE SET UP WITH THE IMF OR THEY WOULD NOT BE TO THIS STEP — THE FUND ITSELF IS FOR THE STABILIZATION. IT SEEMS AS THOUGH THE CONTRACTS ETC…AND THE MANY INVESTORS MAY CAUSE AN IMMEDIATE NEED FOR THE FUND…THE DEVELOPMENT IS GOING TO BRING IN HUGE FOREIGN CURRENCY EXCHANGES WE WOULD ASSUME. …INTERNATIONAL INVESTORS AND THE EXCHANGE AT PORTS AND THE EXCHANGE AT AIRPORTS AND THE FUND CALCULATIONS WOULD LEAD YOU TO BELIEVE THEY ALSO NEED TO HAVE AN INTERNATIONALLY ACCEPTED CURRENCY… WHOOOPOW.
4-26-2015 Newshound Guru Millionday Article quote: “The President of the Republic Fuad Masum that “achieved victories against the terrorist organization Daash create an atmosphere appropriate for national reconciliation and justice to the oppressed and to prevent dictatorship and monopolize power.” THIS SPEECH WAS MADE TO THE PUBLIC BY PRESIDENT MASUM CLAIMING THAT THE COUNTRY HAS ACHIEVED VICTORIES THAT CREATE ATMOSPHERE FOR THE NATIONAL RECONCILIATION CONFERENCE — WHOOOPOW — WE HAVE SEEN PREPARATIONS FOR THE IMF FUND AND NOW THE ANNOUNCEMENT OF AN ATMOSPHERE FOR NATIONAL RECONCILIATION — WHOOOPOW.
4-26-2015 Newshound/Intel Guru Bluedog MANY THINGS HAVE TO BE IN PLACE…AS THE BASKET OF LAWS… THIS COUNTRY HAS STARTING OVER…THEY ARE VERY READY AS THEY HAVE WORKED ALMOST CONTINUALLY LIKE WORK HORSES SINCE LAST YEAR.
4-26-2015 Intel/Newshound Guru Backdoc [Are we now waiting until October for the RV?] Terminology: IR INDEPENDENT RATE; RI REINSTATEMENT; RV. REVALUATION. MY UNDERSTANDING IS A CURRENCY MUST BE REINSTATED AND LOCKED IN WITHIN 90 DAYS. ONCE THAT IS IN PLACE A REVAL IS POSSIBLE AT ANY TIME PER [GURU] EAGLE ONE. WE ALL EXPECT A REINSTATEMENT SOON DONT WE? AN RV IN JUST MY OWN CRAZY OPINION MAY BE LIKELY LATER IN EARLY FALL. IMHO.
4-25-2015 Intel/Newshound Guru Poppy3 WOW! ALL NEWS FROM BAGDAD IS VERY POSITIVE AND ENCOURAGING. HEARD LATE LAST NIGHT THAT THE CITIZENS ARE EXCITED AND WERE TOLD LAST WEEK TWICE THEIR CARDS WOULD BE CHARGED WITH CURRENCY ON NEW HIGHER RATE ASAP. THEY SAID IT IS SUPPOSED TO HAVE ALREADY HAPPENED BUT THAT THERE WERE DETAILS THAT WERE THOUGHT TO HAVE BEEN COMPLETED THAT THEY FOUND STILL HAVE MINOR ISSUES TO BE CORRECTED …AND THAT ON THURSDAY ABADI ANNOUNCED THAT HE WAS CANCELLING ALL TIME OFF TILL THE GOI COMPLETED ALL THEIR DETAILS NEEDED BEFORE ANYONE WOULD GET TIME OFF FOR ANY REASON. PEOPLE ARE VERY EXCITED AND KNOW ABADI IS SHOWING THE PEOPLE HE IS A GOOD LEADER . HE HAS AND IS WINNING THE PUBLIC’S RESPECT. THIS REPORT SHOULD BE VERY ENCOURAGING FOR ALL OF US. PENDING ANY UNFORESEEN PROBLEMS NEW RATE CAN POP AT ANYTIME.
4-25-2015 Newshound Guru Enorrste Article quote: “the Central Bank of Iraq continues to work for the issuance of two new categories of currency fifty-two thousand and one hundred thousand dinars, “noting that” the central bank has taken the necessary preparations for it.” KAP [Guru Kaperoni] …pointed me back to the 2011 article…in which Saleh clearly states that the use of the phrase “50000” and “100000” dinars actually refers to the “value” in today’s dinars (about $50 and $100) that these new notes will have once issued. The notes themselves, however, will have the zeros removed, as Saleh stated, meaning that what will actually be printed will be 50 dinar and 100 dinar notes, worth about $50 and $100 respectively when they are issued. In other words, the CBI is expecting to issue these newer notes after the dinar rises to about $1 to 1 dinar in value. Overall, this is a great article, because it is saying clearly that the “preparations” are in place and that the “plan” is underfoot. All good news!
4-25-2015 RUMOR Guru Mnt Goat we are moving closer and closer to a June timeframe with much optimism…there is a close at hand future timeframe coming to us when we will see this revaluation. It is coming soon and it MUST happen. The Iraqi RV will be a final event that will turn the page on the entire middle eastern region. Yes – it is now not just about Iraq or saving the global economy but about an entire middle eastern regional event. I want to also state and stand my ground. Maliki must be dealt with prior to any peace in Iraq and any RV!
4-25-2015 Newshound/Intel Guru BGG …there is an extraordinary amount of “financial mechanations” going on in Iraq as follow-up to Abadi’s DC trip… I will say Abadi came home with all the prizes… he left nothing on the table…respect, money, aid, credibility, good PR – he got it all…after all we have seen – it is hard to jump to early conclusions, but he does appear to be getting the job done.