Iraqi Dinar Guru opinions 5-7-15
Iraqi Dinar Guru opinions 5-7-15
5-7-2015 Intel/Newshound Guru Backdoc WE HEAR THE WORLD BANK CALLING FOR IRAQ TO DIVERSIFY AND ACTIVATE THEIR PRIVATE SECTOR! THEN TODAY WE SEE AN ARTICLE THAT ADMITS ACTION TAKEN BY THE CENTRAL BANK THAT WILL GRADUALLY RAISE THE VALUE OF THE DINAR. NEXT, WE HEAR THE COUNCIL OF MINISTERS SAYING THEY ARE SERIOUS ABOUT ACTIVATING THE PRIVATE SECTOR. THEN WE HEAR OF A TWO DAY HOLIDAY THAT STRETCHES INTO A 7 DAY HOLIDAY.
5-7-2015 Intel/Newshound Guru Backdoc THEN WE SEE AN ANNOUNCEMENT RELEASED BY THE CBI THAT REASSURES ALL BANKS THAT ARE PROPERLY LICENSED WILL BE ABLE TO BROKER THE EXCHANGE OF FOREIGN CURRENCY!! THEN TODAY WE SEE AN ARTICLE THAT ADMITS ACTION TAKEN BY THE CENTRAL BANK THAT WILL GRADUALLY RAISE THE VALUE OF THE DINAR. THANK YOU [GURU] TOPSHELF…I LIKE THAT 3.93 ZIP CODE…! AND ONE MORE THING THE FINANCE COMMITTEE DENIES THE GOVT. FROM PUTTING THEIR HAND IN THE COOKIE JAR AND SPENDING THEIR RESERVES!
5-7-2015 Newshound/Intel Guru Topshelf First…the CBI spreadsheet is up-to-date…within 3 days…they are spending money…and they are paying on contracts… and by paying it…that increases the value of certain currencies. One is removing debt…but it’s also how they got the money to pay for the debts…and made trillions off of it. Contracts being paid are in US dollars and some people thought if that happened that would be the end of this investment. I’m here to tell you that was the best part of this whole thing. Dr. S [Shabibi] is superman! February 19th was the last auction. …auctions have been going on…they never stopped. They have been hiding it. There’s data…it’s been ongoing and now it’s public anyone can view it. They have created the LIQUIDITY…that they needed…they paid off debt based on the contract amount. Not based on people hedging or making this an investment.
5-7-2015 Newshound/Intel Guru Topshelf The .10 cent number goes clear back to the beginning of January…and it’s based on contract amounts. Remember… when Delta..said … “…1166 is gone from the spreadsheet.” Ever since that day we knew that they were doing the mathematics. Why? Because they got the Green-Light like a month before that! The 3 zeros are being lifted right before your eyes…off of the exchange rate! It started at .10 cents and went around .85 to 1.17 and now it’s at this level… One of our sources called…it appears that certain “things” with the bonds in Iraq …the IMF…CL…seem to coincide with the area code calculations… . “AREA CODE” is a code for the number [rate] that you seek.” Do you know what is about to happen? I know…silly question. Of course you do…info is coming in so fast. This is the same thing that happened with the monetary reform of the Kuwait dinar in the late 90’s.
5-7-2015 Newshound Guru wmawhite Regardless of how this is going to roll out…it is good to understand that most of us believe we are closer than ever before.
5-7-2015 Newshound Guru Kaperoni back in 2012 the CBI decided to float the dinar. As Dr. Bakri said…the “specialists look at the long term” [the CBI has NEVER stated there will be a float.] actually…they did. let me get a quote from the CBI: “A source at the Central Bank of Iraq for four companies currently competing to win a draft print the new Iraqi dinar, which will generate graceful after deleting three zeros from him, while Samay central bank to raise the value of the dinar against the dollar gradually down to the day to start replacement where the value will be in the absence of a fluctuating one Iraqi dinars equivalent to U.S. dollars one.” Let me point out what is said here…”to raise the value of the dinar against the dollar gradually.” The IMF is very direct and clear in the 2013 Article IV consultation…they also say gradual appreciation. …it will never overnight RV.
5-7-2015 Intel/Newshound Guru Poppy3 LOTS GETTING DONE. INTERESTED FOR SURE IN…THE PRIVATE CLOSED DOOR MEETING TODAY [WEDNESDAY] AND PARLIAMENT MEETING TOMORROW [THURSDAY]. QUESTION IS HOW MUCH PROGRESS AND WHAT IS THE REASON SENIOR WORLD BANK EXECUTIVES ARE IN ATTENDANCE. AS WE KNOW TEMPORARY HCL IS IN PLACE AND A SPECIAL GROUP HAVE BEEN STUDYING A PERMANENT SET OF HCL RULES INCORPORATED WITH OTHER LAWS OF PROTECTION FOR ALL.
5-6-2015 Newshound Guru Millionday Article quote: “…economic academic Dr. Majid Baidhani that the dinar exchange rate against the dollar will soon return from rates over a short period due to the slow recovery of oil prices…” THE DINAR EXCHANGE RATE WILL RETURN AGAINST THE DOLLAR OVER A SHORT PERIOD OF TIME. THEY BEGAN TO CALCULATE THE REAL EXCHANGE RATE IN MARCH AND DUE TO THE SUCCESS IN DAASH VICTORIES AND THE PRICE OF OIL RAISING — THE REAL EXCHANGE RATE WILL BE RELEASED IN THE COMING PERIOD…WHOOOPOW. THIS WOULD BE A REVALUE OF THE DINAR. SALEH STATED A LONG TIME AGO WHEN HE WAS TALKING ABOUT THE GOAL OF THE ECONOMIC CONDITION THEY WERE WORKING TOWARD FOR IRAQ WOULD BRING THE DINAR EXCHANGE RATE BACK TO CLOSE TO WHAT IT WAS IN THE 80S. IN THE 80S — AND UNTIL THE IMPOSED RATE WAS PLACED IT WAS IN THE 3S — BUT THEY ARE STATING THE REAL EXCHANGE RATE SO THAT HAS NOT BEEN RELEASED BUT IS CALCULATED THROUGH THE INTERNATIONAL EQUATION AND HAS A GLOBAL FORMULA.
5-6-2015 Newshound Guru Adam Montana [How does Iraq’s request for a sovereign credit rating impact on the RV? Will this help to speed things up?] That’s a good question, and it could go many ways. One possibility is that once the credit rating is started, they RV, and obviously the credit rating agencies will be in a rush to get Iraq listed. It’s a lot easier for the world to benefit from Iraq when they have a higher valued currency and are listed as a tradable currency. If anything, I see this as a booster, not an anchor.
5-6-2015 KING of RUMORS Guru Monday we told you that there were lines in the bank, and they were still there at midnight on Sunday night. They have been doing that for the last ten days, long hours at the bank to make sure everyone gets their smart cards, and at a much higher rate than the 1166. They are ecstatic over there with more money than they’ve seen in the last 10-12 years. It’s still not the official RV we’re waiting for, but…This has stopped the riots, because they have money in hand and they’re spending it. Secondly, it puts pressure on everyone else. They tried to release it again on Sunday and it was stopped. Yesterday they announced that the banks are now cleared to buy and sell foreign currency and do outside transactions. They can only do that if there is an international exchange rate. An agreement was made and a whole lot of money moved yesterday. If that agreement holds up, this is the week we’ve been waiting for…we understand that blessing has been given at the highest level. …we are waiting for that international announcement.
5-6-2015 Newshound Guru Adam Montana [What do you think will come of the visit from the World Bank to Baghdad? What rating do you think will be issued to Iraq?] Visit from the World Bank…If it’s significant, we’ll know soon enough. I doubt Iraq will get a top rating immediately, but anything “above mediocre” will be enough to launch them!
5-6-2015 Newshound Guru wmawhite [What’s your vibes for an RV this month?] I believe that the CBI is telling us as much as they can…by telling the citizens that they will be seeing the new 50 and 100 IQD notes. None of this is possible without the value of them IQD changing significantly outside of Iraq.
5-6-2015 Newshound Guru wmawhite [if they print a 50,000 note that cant affect the rate can it?] …if the CBI comes out with a 1,000,000 IQD note it will look pretty bad. BUT wait…what is the likihhod of them doing that? Zero…same as a 50,000 note and 100,000 note. And why do I say this is because if they were going to issue a 50,000 IQD note WHY would they explain that it has a like value of 50,000 IQD…won’t they already know this? This is why it will not be a 50,000 IQD note.
Fact check, It was confirmed in an article today that the CBI is going to print a 50,000 dinar note, it has NOT been officially announced by the CBI on their website but I check daily. Iraq has said this before, many times, as I have stated so many times, we don’t know for sure what they are going to do until they do it. We wait and watch.
5-6-2015 RUMOR Guru Iraq continues to march towards the RV – another large segment of the public have exchanged and/or their cards have been activated. Banks have been open extra hours to get everyone on board and ready. They are preparing for the RV. Everything is progressing in a positive way for Iraq. The US has recently asked for the international deal to be stopped and that was granted. Iraq has had to release this in-country, and my understanding is that the US is finally ready to back off and let this be released…it seems like we are finally getting on board with releasing this…they are telling the banks to ramp up. We’ll have to see if the US really lets it go in the next few days…
5-6-2015 Newshound Guru Adam Montana [how close to this being over do you think we are? Also any more news on the credit rating process, is it going to take along time to get the rating considering this is Iraq we’re talking about!?] No further news on the credit rating yet… but that’s not the most important thing in my opinion. It’s still the HCL that we’re looking for, and if the KRG and Baghdad continue to get along like peaches and cream like they are right now – it can’t be too far off.
5-6-2015 Newshound Guru Aggiedad77 Article: “Balaguetsadah parliamentary: Member of Iraq on the verge of an economic breakthrough and no fear on the employees’ salaries” A member of the Economic and Investment Committee states that she believes Iraq is on the verge of an economic breakthrough…that is being brought forth partially by high oil prices….and that such an event will definitely lead to security with regard to payment of employee salaries…they again state the reserves exceed $60 billion dollars and they have in excess of 80 tonnes of gold.