Iraqi Dinar Guru opinions 5-2-15
Iraqi Dinar Guru opinions 5-2-15
5-2-2015 Intel Guru Delta I GOT YOU SOME INFORMATION ON HOW STANDARD AND POORS RATE SOVEREIGNS. STANDARD AND POOR’S: “Three factors also drive a sovereign’s external score, namely our view of the status of a sovereign’s currency in international transactions, the sovereign’s external liquidity, and its external indebtedness, which shows residents’ assets and liabilities relative to the rest of the world. The initial rating process typically takes four to six weeks to complete, but can run longer or shorter. This initial process begins when the contract is signed and generally ends with the publication of the rating.” IT’S VERY CLEAR THAT IRAQ NEEDS AN INTERNATIONAL RATE BEFORE THEY GET THE CREDIT RATING, ALSO THE WHOLE PROCESS COULD TAKE 4-6 WEEKS.
5-2-2015 Newshound Guru wmawhite I am still of the opinion that the CBI is driving this ship and everybody else is trying to jump onboard.
5-2-2015 Intel/Newshound Guru tman23 POTUS will host the leaders of the Gulf (GCC) on the 13th and 14th in Washington…IMO…Up to the 15th of May I do not see any rate changes…more so towards the end of May or after at least after the 15th for any new currency intro or rate change. They are in a rush to complete laws and “escalate security” before the start of July… Certainly it can happen at anytime as ANYTHING can happen at anytime… I expect to see an announcement of new notes close to the end of May and then their release around June 15th (right before ramadan)… IMO… And as told we should see what occurs on 5/2 regarding financials as Parliament is in session and suspect it isn’t just for US military arms.
5-2-2015 Newshound/Intel Guru BGG [I thought they still had to pass a bunch of laws before they could RV.] How do we know they aren’t all passed already? (hypothetical). they did the second reading of the investment law – then went into secret session. One of the things addressed in secret was “unnamed”…
5-2-2015 Newshound/Intel Guru Bluedog THE IMF AND WORLD BANK LOAN IS JUST A MOSQUITO ON AN ELEPHANT COMPARED TO WHAT IRAQ NEEDS…AND HOW WILL IRAQ PAY ALL BACK SALARIES AND GO FORTH WITH REBUILDING THEIR COUNTRY. THE NEW RAIL SYSTEM IN BAGHDAD AND THE NEW TRAINS THAT HAVE ARRIVED…THE NEW AIR STRIPS AND AIRPORTS TO HOUSE F-16’S …ALL THE MILITARY EQUIP THAT THEY HAVE RECEIVED… KURDS ARE BUILDING FASTER THAN ANYONE COULD BELIEVE…THEY NEED HUGE MONEY. WE KNOW THE WEALTH OF THIS COUNTRY ABOVE AND BELOW THE GROUND…INVESTORS AND THE WORLD KNOW TOO…SO THEY NEED TO SPIFF UP AND THEY NEED FUNDS.
5-2-2015 Newshound/Intel Guru Bluedog YOU SEE IRAQI HIGH GOVERNMENT FOLKS OUT SELLING BONDS RIGHT NOW AND IT HAS BEEN IN PROGRESS NOT JUST YESTERDAY BUT BEEN HAPPENING…THEY ARE BUILDING ROADS AND NEW SEWAGE SYSTEMS AND PLANTS. IT’S A COUNTRY THAT NEEDS GROUND FLOOR REBUILDING. SO THE 2015 BUDGET AND THESE LOANS ARE JUST NOTHING. THEY PROVIDE CHEESE FOR THE MONTH IMO…THE IRAQI GOVERNMENT HAVE LESS THAN NOTHING HERE WITH THESE LOANS TO WORK WITH OTHER THAN PAYING OVER DUE PAYMENT.
5-2-2015 Newshound/Intel Guru Bluedog THEY CANNOT MOVE FORWARD… AND REMEMBER THE GREEN LITE THAT THEY WERE GIVEN …THAT’S THEIR SALVATION. DO YOU THINK THE WB AND THE IMF WILL CONTINUE WITHOUT A MOVE OF THE CBI….. NAW. IMO THE CURRENCY REFORM HAS BEEN SEEN IN THE LAST FEW WEEKS AT A LIGHTNING SPEED…SECURITY IS AT A HIGH LEVEL…THEY WILL DEAL WITH ANBAR IN THEIR OWN WAY. IRAQ HAS A HUGE DREAM AND IT’S NOT AT A ONE TO ONE RATE…IT MUST BE A GREATER RATE… A COUNTRY WITH THESE DREAMS HAVE TO MOVE VERY FAST…JIMO
5-1-2015 Newshound Guru wmawhite …a new 50 note, as they said were coming, are still only valued at $0.045 at the current rate. This is why IMO the IQD will change well in advance of of the flood gates opening with investors and the new currency…the lower notes will be of no use on the streets without a DRAMATIC increase in purchasing power and that will come from a DRAMATIC increase in the value of the IQD…OUTSIDE OF IRAQ… IMO, the CBI doesn’t need anything…it is the GOI that needs laws, HCL, money, etc…investors…the CBI just needs the international pieces in place in order to support the true value of the IQD.
5-1-2015 Newshound Guru Millionday THE FINANCIAL POLICIES AND ECONOMIC REFORMS HAVE TO BE DONE IN A HURRY BECAUSE THE KURDS HAVE RECEIVED THEIR FUNDING FOR BENEFITS AND PAY — THIS IS HUGE AND WAS TO BE LOADED ON THE SMART CARDS. [if Kurds got paid on smart cards. should that be valid internationally?] THE CARDS ARE REPORTED TO BE GLOBAL CARDS…AND WILL BE ABLE TO BE USED ANYWHERE.
5-1-2015 RUMOR Guru If you’re not happy, you should be. In the mosques today, they said “Please keep calm; this is coming and we want it to go through quickly. We are waiting for our abundance and the world is awaiting the financial strength of our country.” …they told them to get ready, keep calm, and be ready for this to go through at any time. Newspapers and television in Iraq are running that economic reform is closing ‘soonest’ with economic abundance coming soon. The banks are prepped, the Interior and Finance Ministries, CBI, etc., have all been briefed and they are all happy with what’s going on. IN the USA, they are still waiting on the agreed timelines. Everyone is on call, in place, locked down, very ready for this thing to go. The current rates are: Dinar = $4.67 Dong = $2.27 Zim = .17 minus six zeroes Rupiah = $1.08. Things still look phenomenally good, and if it continues on this path, we’ll be done.
5-1-2015 Newshound Guru Aggiedad77 …this “credit rating” issue…Iraq is seeking to tender some international bonds in USD denominations to the tune of $5 billion dollars…..they want this “credit rating” for these bonds…The higher the “credit rating” they can establish specifically for these bonds, the more solid the bonds appear to investors…I’m thinking anything at an “A” rating or higher is what their target is going to be…this is high dollar corporate/international type of wheeling and dealing we are talking about here… As for May…I don’t see Dr. S [Shabibi] sticking his neck out just yet…M [Maliki] may be in a coma or maybe not…but he hasn’t been “contained” as yet…that still needs to happen…we know Dr. S and his history he’s going to be overly cautious about any move he makes…he’s got some time and I am sure he is watching many monitors all at once… PM Abadi is doing his best to gather his ducklings and keep them grouped….the Kurds, the Sunnis, his Shiite brothers…he’s at a point where he needs and wants everyone happy…”Don’t Worry Be Happy”…the BEST is yet to come.
5-1-2015 KING of RUMORS Guru It’s a great day and I still feel superfantastic. In the mosques, they are still saying “it’s done” or nearly here. “The whole world is watching us and abundance is in your future.” The fils (coins) are coming out in more regions. Some banks set up appointments for this week, and their people are sitting there waiting for this to come live on their screens. Last night the rates appeared for a while, then went back on hold, but at great rates. The WM [Wealth Managers] are beginning to call people saying that this is about to happen… They are excited in Iraq… they are saying it’s here and Iraq is being told that this is here, now.
5-1-2015 Newshound Guru Adam Montana Did you catch that news yesterday? Iraq is applying for a credit RATING. Why would they do that if they didn’t think they would get a good result? The answer is obvious – they would not! In fact, this could be the reason they have stalled on finalizing the HCL… because with an official credit rating and a solid Law on their oil and gas, an RV is a no brainer. Did I mention how excited I am…
5-1-2015 Intel Guru Jester ALL MY CONTACTS ARE SAYING WHAT WE WERE LOOKING FOR DID NOT HAPPEN AND HAS BEEN DELAYED UNTIL MONDAY … EVERYTHING IS LOOKING GOOD FOR MONDAY…THIS IS A PROCESS… THEY WILL GET THIS DONE… AND IT IS LIKE ANYTHING ELSE… TAKES TIME TO GET IT RIGHT…IF I AM READING THIS RIGHT THE CONTINUING DELAYS ARE IN OUR FAVOR…