Iraqi Dinar Guru opinions 5-13-15
Iraqi Dinar Guru opinions 5-13-15
5-13-2015 Newshound Guru Millionday THIS IS FROM THE ISX SITE…THE REASON THIS IS INTERESTING IS THE MOST IMPORTANT WE HAVE SEEN DURING THE ENTIRE INVESTMENT. MARKET PERFORMANCE NOW HAS TWO SELECTIONS AVAILABLE ::: PRIMARY MARKET AND SECONDARY MARKET…SECONDARY MARKET IS NEW AS OF TODAY [TUESDAY]. DEFINITION of ‘Secondary Market': “A market where investors purchase securities or assets from other investors, rather than from issuing companies themselves. The national exchanges – such as the New York Stock Exchange and the NASDAQ are secondary markets.” THE SECONDARY MARKET IS NOT ONLY NEW YORK STOCK EXCHANGE WHICH ALLOWS NEW YORK INVESTORS TO INVEST IN THE ISX BUT IT IS ALSO THE NASDAQ MARKET WHICH OF COURSE IS THE CURRENCY MARKET. THE REASON THIS EXCITES ME…IS THAT IRAQ HAS BEEN ORDERED TO DO THE INTERNATIONAL EQUATION…
5-13-2015 Newshound Guru Millionday IT OBVIOUSLY SEEMS TO POINT TO THE HUGE GUESS THAT INTERNATIONAL ACCEPTANCE WOULD BE NEEDED IN ORDER FOR THIS TO BE SUCCESSFUL OR AT LEAST AS SUCCESSFUL AS THEY HOPE IT TO BE IN THE REGION AND THE GLOBE. Article quotes: “the stock market will rise in the next month, influenced by news of Iraq for a loan from the World Bank…” “the entry of the 13 private company traded on the Iraq Stock Exchange, trading rates will live.” THE STOCK MARKET WILL RISE IN THE NEXT MONTH AND ALSO RATES WILL LIVE — MEANING IMO — WHOOOPOW. [doesn’t Iraq have to have a tradable currency for all this financial activity?] THAT IS CERTAINLY THE EXPECTATION AS IT WOULD NOT BE POSSIBLE TO TRADE WITHOUT EXCHANGEABLE CURRENCY.
5-13-2015 Newshound/Intel Guru TopShelf Don’t worry if you don’t get this…After the 17th…it won’t matter if you don’t get it anymore. …we now have an AREA CODE of 393…finally showing in the spreadsheet…on ISX! Those that are in the financial world…whether it’s the primary…secondary…and understand the markets and what they’re doing with BONDS…you’ll understand what I’m saying. Today, people will see changes…but they won’t release the rate until they’re ready…but what it means is they are set up to be sold INTERNATIONALLY…not just DOMESTIC…but at an international rate! Without this…it’s like owning a Ferrari without tires and rims. [pointless]. We all knew that ISX would be the vehicle to move these [bonds]…but they didn’t want to show you the nice shiny rims and the low-profile tires because they kept it “low profile”.
5-13-2015 Newshound/Intel Guru TopShelf This is going to hit the market…this is the moment…but we don’t know the exact date. If you have the calculations… you can figure out a rate…(now that could also change). It can change. The rate is DRIVEN by demand. They have a minimum bid amount on these bonds…based on the last ones that I know of [area code 371] – but it could be different than that. They are showing you that the vehicle is ready to move…it can move…not just behind the scenes…but domestically and internationally with any broker or bank that is set up to do business.
5-13-2015 Intel Guru Frank26 Dr. S [Shabibi] wants all of his banks secured. Every one of them. The insurgents that are still left in Mosul…blew up one of the major bridges…because they know they are about to be wiped out. IMO – ISIS is about to get their butts spanked! …I want to say…all of this is being done before Ramadan. [Guru] TopShelf…mentioned the date…before the 17th. They are all working together…GOICBI..DC…IMF…WB..etc.
5-13-2015 Intel Guru TD Further comments from my Kurdish friend (treat all as rumor and please due your own sound diligence). I wrote of plans of a new 50k note late last year and it will soon come to fruition, I’m told within 60 days. There was even plans later drafted of a 100k note which was only on the drawing board which have been scratched (at least for 3-6 months). The economic committee, CBI and Abadi’s folks are all on the same page and the unanimous decision has been made to delay the “deletion of the zeros” ( or LOP) for the remainder of 2015. Cited of course is the “unstable economic conditions of the country” but it goes much further than that and there is again serious considerations on whether or not a 3 state federation between the Kurds, the Shiites and The Sunnis is yet the best possible alternative for the future of a land once known as Iraq. Until a political solution can be reached all else is on hold. Currency reform for 2015 is now a DEFINITE DOA!!
5-12-2015 Newshound Guru Enorrste In order to remove the large notes the value of the dinar must rise to a place that makes this possible. This implies that the new smaller dinar notes (1 to 200 dinar) will be produced and distributed as the value in the dinar rises. We do not know the specific timing of this process but we do know that Saleh has said that the “remove the three zeros” could take from 2 to 4 years to be fully accomplished. We also know that the “green light” has been given to initiate this process, but we do not know the specifics of the timing. We do know, however, that the actual removal cannot take place until the value reaches a level to make it necessary to remove the large notes (somewhere around a penny per dinar, or even slightly less than that). In any case, we can safely state that the raising of the dinar must precede the removal of the large notes, although it will surely continue upward until they are all gone (presumably at least to $.50 per dinar, when the 500 dinar note would be worth $250). The CBI is on record that the goal is $3.50 per dinar, stated in 2008…
5-12-2015 Newshound Guru Aggiedad77 Article: “Three factors will raise trading Iraq Stock Exchange” The ISX is expected to rise over the next month…do you wonder why…three things appear to be heading in the direction of a positive impact for the exchange…first a loan from the World Bank, secondly, reassurance by the government regarding employee salaries being safe, and third, the entry of 13 private companies in the stock exchange…and I predict a fourth reason that is mentioned here in undertones as well…that of security…security that has not been seen within Iraq since the June 10th 2014 DAASH attacks upon Mosul…security is improving all across Iraq.
5-12-2015 Intel Guru Frank26 […maybe they will make the 50,000 and 100,000 notes so that the banks can pay each other.] NO, NO, NO! The 50k and 100k notes…there is no such thing…and will NOT be replaced with anything.
5-12-2015 Newshound Guru wmawhite …there is only one way a piece of currency can buy more…and that is when the price of goods decrease…and how does that happen? When the value of that currency increases in the world market place…and in our case…the IQD outside of Iraq. 90% of the goods inside of Iraq are bought outside and imported. The only way those goods will decrease in cost is by the IQD increasing in value outside of Iraq. Remember, the iraqi citizen has in his hand a 1,000 IQD note and 5 minutes later the IQD revalues (outside of Iraq), that Iraq citizen’s 1,000 IQD note is STILL 1,000 IQD. [what does your brain tell you when we will see a reval?] My brain tells when this is happening and I am very happy with that…unfortunately my brain didn’t come with a timer…lol.
5-12-2015 Newshound Guru Millionday THEY ARE HAVING THE RECONCILIATION CONFERENCE AND HAVE SENT FUNDS TO THE BANKS SO I DONT KNOW WHAT THE HOLD UP WOULD BE — THEY ARE FINISHING THE IMPORTANT LAWS…SO THE SITUATION IS VERY ENCOURAGING…THE TIMING IS PLANNED AND WE DONT KNOW WHAT IT IS — SO WE WAIT — OBVIOUSLY LOTS OF PROGRESS HAS BEEN DONE — WITHOUT A DOUBT FROM WHERE WE WERE.
5-12-2015 RUMOR Guru EXOGEN 1. IS NEW THE GLOBAL SWIFT SYSTEM CIRCUMVENT ACTIVATED? THE ANSWER IS 100% NO. THE SYSTEM IS 100% COMPLETED BUT IT IS NOT ACTIVATED. WE KNOW I.T. PEOPLE WHO HELPED BUILD IT. 2. IS RUSSIA PRESSING CHINA TO EXPEDITE FULL GLOBAL ACTIVATION PRIOR TO JULY? THE ANSWER IS 100% YES. 3. WILL THERE BE AN RI OR RV TODAY? THE ANSWER IS 100% NO. 4. IS THE HCL IN IRAQ AGREED UPON 100% YES. IS THE HCL IN IRAQ ACTIVATED, IMPLEMENTED AND EXECUTED? -100% NO.
5-12-2015 Newshound Guru Aggiedad77 How do you spell “money”…if you are in Iraq…L.I.Q.U.I.D.I.T.Y…maybe this bond thing has already taken affect, We see evidence of things being paid that just a few days ago would have probably been swept under the rug….not oil companies being paid…but they are….not debt being paid…but it is….BUT payments being made to citizens…..the very heart of Iraq its citizens…who have for so long been neglected… Article: “25 000 dinars per citizen instead of ration is received” 25k notes being issued to citizens for rations that have not been distributed in the past year….this amount will be distributed within the next 10 days they claim …when you consider all the millions of people in Iraq and see each one being given a 25k note….that has to be coming from somewhere and I can assure it is not Maliki’s pocket.
5-12-2015 Intel/Newshound Guru tman23 Parliament needs to pass the investment law…then we should see an immediate response of sorts from the CBI… following the World Bank payment for purchase of Iraq Bonds… And the World Bank is not going to buy Bonds at 1166 or $1 usd… And then Iraq raise their currency value… This is one scene where the horse will definately be before the cart.
5-12-2015 Intel Guru Delta I’m so excited…a lot of good news! They must have a credit rating to sell the bonds. Standard and Poors…one of the requirements to get a credit rating is that your currency MUST be international…That is a fact. …re-read what I brought in…one of the points about getting a credit rating is they must have an International currency – which is Article 8. They must come up with a rate that is agreeable with the IMF (not 1166) – something that is agreeable for everybody. Iraq is having a BIG, BIG problem with liquidity…they have no cash in hand and they need to sell those bonds ASAP!
5-12-2015 Intel Guru Delta …let’s talk about the 50,000 and the 100,000 dinars. Iraq CANNOT come out with a 50,000 or 100,000 dinar note! …they would have to have an inflation rate of 30 to 40%. You don’t do that when your inflation rate is like 1 or 2 percent. Why would you spend the money to produce a 50,000 dinar note when you already have the same thing with just two 25,000 dinar notes? The plan is to print 50, 100 and 200 dinar notes and introduce them to the market…but before they do that the rate has to change first! The 50 dinar note after the revaluation will be worth around $43. The new 50 dinar note and the 25k notes will coexist for a while. So they will come up with a 50 dinar note after they revalue (.85) after they drop the 3 zeros.
5-12-2015 Intel Guru Delta It is impossible for Iraq to introduce a 50,000 or 100,000 dinar note! If they did…no one would buy their bonds! Everyone is waiting for the rate. The window of opportunity we are studying is before Ramadan – June 17th. Iraq must be in Article 8. We know they have a holiday coming up on Wed/Thursday. In my opinion…nothing will happen this week…due to the holiday (I hope that I’m wrong)…then starting next Sunday we should start hearing something. We are very, very close.