Iraqi Dinar Guru opinions 5-19-15
Iraqi Dinar Guru opinions 5-19-15
5-19-2015 Newshound Guru Enorrste Article: “Iraqi Central Bank lends banks $ 5 billion at the request of Parliament” Quote: “Central Bank of Iraq has decided for the first time in its history, opening its vaults, and start lending sector and civil government banks the amount of $ 5 billion.” The plan has existed since 2007 and is still intact. Blips have occurred along the way numerous times. Saleh was arrested; Shabibi had to leave the country; Maliki was a serious setback; Turki was a fool. In addition to that, Iraq moves at a snail’s pace. HOWEVER, and this is very important, the long view is very solid. The CBI is clearly on record with a GOAL that is consistent with the character of the country. No small “blip” is going to change that, and no single event is going to change the “plan”. We saw [some] freak out with the announcement of the introduction of the larger notes (50 and 100k) only to find out that Saleh had talked about it 4 years ago, AS PART OF THE PLAN!
5-19-2015 Newshound Guru Enorrste Now we see this “unprecedented” move of lending money to banks…for INVESTMENT purposes. Furthermore, $5 billion in investment will go a long way toward jump starting the small and medium businesses in Iraq. What could be bad about that? Nothing! Who would better know what is needed than the CBI? …it is important to realize that this is an international event, and a nation that isn’t stupid, as some might believe. These people may act differently and on a different time frame than we do, but they aren’t stupid. These people not only are seasoned, in most cases, but they also have the backing of the IMF and WB. They don’t do things in a vacuum. I also think that it is a good decision, even if unprecedented. They aren’t risking the whole pie…They are just trying to jumpstart some needed economic growth. Give this time. That is one thing that Iraq is very good at exploiting.
5-19-2015 Newshound Guru Enorrste Think about what happened over the weekend. Ramadi falls. …ISIS is a serious concern. You are mistaken that they control 1/3 of the country. It isn’t nearly that large. Still, the loss of Ramadi is significant… Is this a good time for the CBI to MOVE FORWARD or, instead, a good time to buckle down and keep the ship afloat? It really is just that simple, folks. I am not “throwing in the towel.” Not at all. There is a process involved here, and it must work its way out. I noted, for instance, that the major “accountant” for ISIS was captured or killed today in Syria. In addition, a number of computers were retrieved as well as cabinets full of documents. ISIS funding will dry up shortly, in my view. Thus, it would not surprise me to see the tide turn, possibly dramatically, in the near future.
5-19-2015 Newshound Guru Kaperoni Article: “Iraqi Central Bank lends banks $ 5 billion at the request of Parliament” Quote: “Central Bank of Iraq has decided for the first time in its history, opening its vaults, and start lending sector and civil government banks the amount of $ 5 billion.” The reality is that the banking sector came to Iraq in hopes of participating in the investment and reconstruction of Iraq. And the GOI, parliament and ISIL have stalled progress to the point that now the banking system is failing. We all knew this…we all saw it. You can only sell dollars at auction for commission for so long…and selling cars out back is not really banking business either. So the CBI is in a predicament…they are going to bail banks out using reserves to save the weak financial system. Certainly not a way to show the world you are ready for investors. Not a good solution any way you look at it.
5-19-2015 Intel/Newshound Guru Poppy3 [according to bank of america exchange Kuwait rate is $3.82 so if iraq and kuwait share the same oil fields why would they come out less?] ACCORDING TO DR SHABIBI WHEN THEY RV THERE CAN’T BE MUCH DISPARITY BETWEEN THE RATES BECAUSE IT WOULD CAUSE IMBALANCE ON OIL TRADE ON THE OIL FROM THOSE SHARED OIL FIELDS.
5-19-2015 Newshound Guru wmawhite Everything about this is OUTSIDE of Iraq…the revaluation is to other currencies outside of Iraq…Ramadi doesn’t affect the IQD outside of Iraq.
5-19-2015 Newshound Guru Millionday [in your view, whats the hold up for this thing to pop?] I THINK THEY ARE WORKING ON THE LAST OF THE LAWS TO HAVE EVERYTHING IN PLACE — I DONT KNOW THE DATE AND DONT KNOW THAT IT IS BEING HELD UP BUT AS [GURU] JOE P SAID YEARS AGO — MAYBE IT IS RIGHT ON TIME — THE INVESTMENT LAWS ARE COMING ALONG GREAT AS REPORTED AND THE HCL AND THE FEDERAL COURT ACT AND THE OTHER “IMPORTANT” LAWS ARE TO BE DONE TOMORROW [TUESDAY] — SO CROSS YOUR FINGERS. […why would they shelf the National Guard law?] THEY HAD SOME DIFFERENCES BY WHAT I READ IN THE LEADERS AND HAVE COME TO AN AGREEMENT — IT IS EXPECTED TO BE ON THE AGENDA TOMORROW [TUESDAY] TOO SO WE WILL SEE WHAT COMES OF IT.
5-19-2015 TOTAL RUMOR Guru TerryK …was told this by a source, that iraq needs the funds more now to battle isis, so this maybe a good thing…But i had a breif call today, source told me we cant be any closer to this happening. I tend to agree with source, since the usa is not fighting them, iraq needs to ri the currency to buy more advanced weapons. All sanctions with iran are lifted, just offical announcements need to be made. Miliki to announce ri. [why does he get the honor?] Thats why he is still vp. Just remember who told you all who named the pm position all those years ago. He is still very well connected…Sorry to say.
5-18-2015 RUMOR Guru It was a frustrating weekend, and we continue to wait. No change from Friday, really: frustration is high, they are blaming the US. While Ramadi is important, there is nothing that cannot be overcome quite quickly and ISIL is on its way out. Ramadi is…is mostly uninhabited, and…more radical than most parts of Iraq. The town has been physically destroyed by fighting in the last decade. They are already taking the town back; I do believe that ISIL may win a few battles but they have definitely lost the war. They are on the retreat. …we’re getting unofficial reports…from four different people.
5-18-2015 RUMOR Guru We are hearing that the rate is basically 86-90 cents. We’ve heard that from different independent sources. One thought is that Iraq has got tired of being clocked and are now saying ‘screw it!’, and another thought is that this is part of a slow rollout. We don’t know the overall plan, we just know that some markets have changed their prices and people are celebrating. Also, there are articles everywhere saying that MasterCard (the smart cards are based on MC) are now international. So people can spend money anywhere they want to, at whatever rate, and also available to retired Iraqis living elsewhere.
Fact check, this is the same rumor guru that stated people were “cashing out” at $38 back in Dec. Now its in line with what others have stated at .86 cents? Great intel there!!! NOT!
5-18-2015 Newshound Guru wmawhite [Do you think the rate could show on a bank screen before showing on CBI?] No, because any value will first be provided by the CBI. [i would like to know, why usa is so difficult to get real banker to submit info?] If the bankers in the USA told the truth about the IQD they would not have any employees the day after the RV.
5-18-2015 Newshound Guru Millionday [i do not understand who is holding this up?] NOTHING SAYS THERE IS A HOLD UP — A PLAN THIS SIZE WOULD COME WITH A DATE IMO — AND WHAT IT IS WOULD BE THE QUESTION — AND CBI WOULD HAVE THE ANSWER — I DONT SEE A HOLD UP BUT DO SEE A LOT OF ACTION GOING ON. THEY ARE CONTROLLING THE IQD IN IRAQ AS IT IS PART OF THE INTERNATIONAL EQUATION AND THEY ARE REMOVING AS MUCH AS POSSIBLE OF THE US DOLLAR SO THAT THE SUPPLY OF THE DINAR IS MUCH MORE THAN THE US DOLLAR FOR THE MONETARY POLICY AND ECONOMIC REFORM — THE RESERVE AND SDR AND INTERNATIONAL ACCOUNTING COMPLIANCE HAS BEEN ORDERED — BUT THAT IS JUST MY OPINION.
5-18-2015 KING of RUMORS Guru Let’s talk about Ramadi a bit more. I want people to understand this because it was all over the news over the weekend. ISIL raised the flag, but things aren’t always what you hear or see. Take it with a grain of salt, and know they are a couple of days behind with the news. There was a meeting on Friday night and they were directed to initiate the international rate. On Saturday, MasterCard is fully international, at the exchange rate of the country where you are using it. On Saturday/Sunday, we found the rate was $22 (USD) to 25 dinar. We talked to government people in various places, and they confirmed that rate. They said, “This is our RV; it’s a go!” They have to start with an official international rate, and then they can publish the real rate. The next 24-36-48 should see something now that it’s so widely known. The MasterCard article has said that they are able to use those cards today, and that means that there must be international trading rates in place. They have set up a new window, and it should be this week…some people are suggesting June, but I don’t think it will take that long.
5-18-2015 Newshound Guru Mountainman The MONETARY REFORM and ALL EVIDENCE is moving Forward! Everything Else contradicting these Facts are Cow Patties IMO. Do people really think that The Globe did not anticipate a Fight to the End of this MR…and then some? Of Course they did…Most of the so called MEDIA doesn’t have ALL the facts for a Reason…it’s Called Conditioning the Minds of the Masses!!! Remember Tikrit and Kirkuk…Weeks ago same Cow Patties from the same MEDIA…then BAM, Bam, Bam…Technology, Intel on the Ground, BOTG [BOOTS ON THE GROUND]…Now being Noted at “The END”!!! RAMADAN is Coming and this Country will be VICTORIOUS, UNITED, and PROSPEROUS!!!
5-18-2015 Newshound Guru wmawhite [many of the things they are working on hass been going on for years i know this is a huge process but it could still take much more time right?] If it was going to take much more time why continue to push forward with all of the reforms. Why not wait? IMO, the CBI, GOI, Parliament, WB, IMF are pushing because the CBI wants to do this now…IMO.
5-18-2015 Newshound/Intel Guru BGG [I asked why the 250 notes are going for 2800 per mil and the 25k notes are going for 1050 per mil. With the way the 50s were brought in without a rate change, you would logically think the lower notes wouldnt be more valuable, at least not almost 3 times more, than the 25k notes?] supply and demand. Some investors want to buy and hold them for “post-shift”…AKA – RV, Value change, etc, etc. – the dealers know this so they can get a premium right now…which should be a dead giveaway as to where this thing is headed.