Iraqi Dinar Guru opinions 6-2-15
Iraqi Dinar Guru opinions 6-2-15
6-2-2015 Intel Guru Delta Iraq needs the money…the oil prices…fighting DAASH…a lot of money is being spent. They need to sell bonds…move forward…they can’t do anything. They need to change the rate. They got the green light…they have to keep moving. The rate must change before they can release the lower denoms. They need the money right now. [The NATIONAL GUARD Law …IS THAT IMPORTANT do they need those laws to move forward?] No. They have the green light…they don’t need laws to RV. The CBI is independent. [ARE THE Qi CARDS SCANNING MACHINES IN THE MARKET PLACE?] the 1st generation machine are but the latest ones have not been activated yet. The system is hooked up…they’re just waiting for the new exchange rate. [DO YOU THINK WE WILL SEE BEFORE RAMADAN?] based on the info that they give us…all of the confirmations from bonds, Qi Cards, market economy…in my opinion…before Ramadan. It’s not a official holiday…business goes on as usual. The CBI can do whatever they want. We should see this before Ramadan…but I could be wrong.
6-2-2015 Newshound Guru Millionday [what do you think the cbi …MIGHT.. be waiting on to push the button?] I HAVE NO IDEA AND DO NOT SEE A HOLD UP OR WAIT…THEY SEEM TO BE RIGHT ON TIME. [How can they continue to implement things without money?] THEY HAVE GOTTEN DEVELOPMENT GRANTS AND BANKS THEY ARE WORKING WITH AND ARE MOVING FORWARD WITH TOOLS — JUST REMEMBER IT TOOK THE EXPERTS OF THE WORLD TO DEVELOP THIS PLAN AND WE ARE NOT THEM. [What part do some of the laws waiting to be passed play in all of this?] THEY ARE THE END OF THE DEMOCRATIC NEEDS FOR IRAQ AND THE REFORMS IMO. [What about HCL and 140 in your thoughts?] THEY WORKED WITH THE HEADS OF PROVINCE HEADS AND GOT LEADERS AND INVESTORS TO GET INPUT …ACCORDING TO THEM THEY ARE CLOSE TO DONE WITH VOTE. [Do you think they would change value to relief inflation pressure… and then raise value from there?] I DONT KNOW…THAT DOES NOT MAKE SENSE TO ME THOUGH.
6-2-2015 Newshound Guru Breitling I never suggested having one note over the other…sometimes it’s not what we know, it’s what we don’t know and they were talking about retiring notes in different increments and at different values. So what did they do? They retired the 50 dinar note…Can I guarantee a rate? no I can’t. Can I guarantee a time frame? no. But I know what’s going on and there is only one person on this planet that told everybody that they were going to retire the notes at different increments and you need to watch your note count…you need to watch how many 25k notes you have so the next question is, So what’s the secret?
6-2-2015 Newshound/Intel Guru Top Shelf I see progress being made in the monetary reform and the global events. They are not just “winging” this. They have a “plan” and they are not deviating from it…oil re-priced and it forced the economics for things to revalue. It’s been nice to see …articles…that back-up what is actually happening. They are telling you what they are doing. Normally when they start showing things so blatant…things are very close. Things are working… they are doing it. We talked about the 50 dinar notes…There is no way they would take the 50 out IF they were not going to increase the value…it’s starting to make sense… why they are doing what they are doing. [DO YOU THINK WE WILL SEE BEFORE RAMADAN?] if I had any kind of intentions of doing business with Iraq…I would want to see that things are set in motion before Ramadan. You can’t put the MR on hold. The investors would lose confidence. If they are seriously not ready…it won’t.
6-2-2015 Newshound Guru wmawhite [how in the world are all these huge “deals” going down without “valuable currency”?… it’s like so many “higher ups” have insight to MUCH more than we wee folks do…?] The vast majority of these huge deals have a date that they will be implement/executed on. So, yes I agree with you about “insight”. [so are they “contingent” on an IQD “international value” per say?] I don’t believe they are contingent…because they have decided upon doing the deal because they know it is coming. [ it doesn’t make any sense unless there is “insider info…. SOLID info”.] There is NO insider info about this. The entire world of international investment banks are aware of what will happen in Iraq.
6-2-2015 Intel/Newshound Guru tman23 The Kurds are dependent on oil sales and that revenue from receivables is delivered by Baghdad. Baghdad has failed to pay the Kurd region for 1 full year and in the past 7 months they have made payments ranging from 400 million dinar to 550 million dinar. The Kurds region government salaries are 900 million USD. That being said; The Kurds have endured 18 months of this BS and now they have over 1.8 million displaced people…And Baghdad has closed it’s doors to any Sunni refuges entering. Kurds have been being financed by private sources to meet their obligations. Investors are by the groves with billions of investment dollars waiting on the sidelines. Kurds open their economy then they will not be dependent on Baghdad payments should they decide to stop them ANYTIME AGAIN! The Kurds have their own government, their own Parliament, their own military. They do not need Baghdad! Barzani is the PRESSURE on Baghdad.
6-1-2015 Intel/Newshound Guru Poppy3 all this talk of 2016 FOR THE RV APPEARS TO BE JUST BULL SOME ARE TRYING TO PROMOTE BUT IF YOU PAY ATTENTION TO THE NEWS FROM THE KEY LEADERS THEY ARE DEMANDING COMPLETION NOW! THEY HAVE STATED FINISH IN MAY NOT LATER AND THEY HAVE MISSED MAY BUT THEY HAVEN’T STOPPED PUSHING TO FINISH. THEY HAVE ALSO SAID TO THEIR PUBLIC SEVERAL TIMES BUYING POWER VALUE WILL BE IN JUNE AND ASK THE PEOPLE TO JUST GIVE THEM TILL JUNE. THEY ARE GOING TO GET US SOME MONEY SOON.
6-1-2015 Newshound Guru Millionday “…Iraq lacks the credit rating of the three global agencies, it speed up access to this category for the purpose of issuing foreign bonds fact that the tenure for rating supports its strength in international markets.” THIS IS A HUGE REQUIREMENT THAT SHOWS US WHERE THEY ARE AND THE POSITION THEY ARE IN BANKING AND THE MARKET DUE TO THE RESULT BEING INTEREST RATES AND A REQUIREMENT OF THE WTO…THEIR GOAL IS TO GET THEIR CREDIT RATING — THIS IS USED FOR THE COUNTRY`S INTEREST RATE FOR INTERNATIONAL AGREEMENTS — AND ALL CREDIT PURPOSES. […do we have to wait for their credit rating to be what it should be, before we see the rv?] THE CREDIT RATING IS IMPORTANT TO THEM AND THE VALUES OF CURRENCY IS AS WELL BUT THEY SHOULD “SHOW THEIR HAND” IMO IF THEY WANT THEIR CREDIT RATING.
6-1-2015 Newshound Guru sczin11 DOES ANYONE OUT THERE, WHO IS EMPLOYED BY OTHERS, BIG BUSINESS OR SMALL, PUBLIC OR PRIVATE SECTOR, REALLY ENJOY TAKING ORDERS FROM OTHERS? …NO ONE WANTS TO TAKE ORDERS… NO ONE WANTS TO RELY ON OTHERS FOR SUPPORT… UNLESS ABSOLUTELY NO OTHER CHOICE…MONEY TALKS, AND… BS WALKS! IRAQ IS NO DIFFERENT…AS ONE OF THE WEALTHIEST NATIONS ON OUR GLOBE…IRAQ DEMANDS ITS SOVEREIGNTY, AND THE PRIDE IT HAS PAID FOR SO LONG TO RECLAIM… THE INVESTMENT DREAM OF THE FINANCIAL WORLD, WILL NOT, CAN NOT, ACCEPT ANYTHING LESS THEN PERFECTION…WILL THEY SHARE A PIPELINE OF OIL WITH A NEIGHBOR, AND HAVE THEIR CURRENCY WORTH ANYTHING LESS, THEN THAT NEIGHBOR? WILL THEY LEAD THEIR REGION IN OIL AND GAS EXPORTS AND EXCAVATION, AND BE AT THE BOTTOM IN TERMS OF CURRENCY WORTH? WILL THEY LURE FOREIGN INVESTMENT DOLLARS INTO THEIR COUNTRY, IF THEIR BANKING AND MONETARY REFORM IS NOT THE BEST?
6-1-2015 Newshound Guru sczin11 WHY HAS KURDISTAN BEEN SPENDING LOTS OF MONEY, IN START UP COSTS, EQUIPMENT, AND CONTINUED TO PAY SALARIES TO ITS EMPLOYEES, FOR THEIR OWN ESX STOCK EXCHANGE, FOR SO LONG? MOST EVENT CHANGES HAVE DOMINO EFFECTS ON MANY OTHER OCCURRENCES, THUS THE NEED FOR A METICULOUS, SYSTEMATIC PLAN…DELETE THE ZEROES, ISSUE 50K NOTES, RECALL 50 DINAR NOTES, ISSUE SMART CARDS FOR DISPLACED CITIZENS, FUND SMART CARDS FOR RETIREES, OR ISSUE NATIONAL CARDS FOR THE COUNTRY…WHO REALLY CARES…THE BOTTOM LINE IS…IRAQ IS OPEN FOR BUSINESS… IRAQ IS ENTERING THE GLOBAL MARKET… QATAR, SAUDIA ARABIA…WHO WOULD HAVE THOUGHT THEY WOULD COME BACK BEFORE PROVEN CHANGE IN IRAQ WAS EVIDENT? WELL, I GUESS THEY HAVE SEEN ENOUGH PROOF…I THINK I WILL, AS ALWAYS, RELY ON “FOLLOWING THE MONEY” as MY WAY OF STAYING FOCUSED, GROUNDED…IF IRAQ IS GOOD ENOUGH TO BE A PART OF BY SAUDIA ARABIA AND QATAR…IRAQ IS GOOD ENOUGH FOR ME TOO!
6-1-2015 Newshound Guru Aggiedad77 Article: “Governor of the Central Bank: Other banks will join for the adoption of a fixed selling price for the dollar” According to the CBI governor an additional 13 banks will begin selling dinars against the dollar in the exchange market…an attempt to match supply with demand…we shall see how this turns out for them in the coming weeks…the dollar exchange rate has meanwhile risen to 1260, highest in history…again demand far outreaching supply.
6-1-2015 Newshound/Intel Guru BGG [I see no RV until Iraq solves its Liguidity and Security Problems.] Iraq doesn’t solve their liquidity problem until they RV… and security – well – it is the Middle East.
6-1-2015 RUMOR Guru TerryK ONE OF MY SOURCES CALLED THIS AM AND IS EXCITED…TALKING ABOUT THIS WEEKS ACTIVITIES AND HOW IRAQ IS ON THE LIST FOR HOT DISCUSSION TOMORROW IN THE BIG HOUSE. I THINK WE ARE ABOUT TO SEND OVER 100-250,000 TROOPS. IM NOT HAPPY ABOUT THAT BUT I THINK THAT’S WHAT NEEDS TO BE DONE TO STOMP OUT ISIS AND GET IRAQ WHERE SHE NEEDS TO BE SO OUR BLESSING WILL OCCUR. [do you think this will pause the release of the RV?] I DON’T THINK SO BUT I KNOW IT DOES NOT HELP WHEN ISIS CONTROLS A FEW CBI LOCATIONS SO I KNOW THERE IS A CONCERN ABOUT GIVING THEM MORE DINAR OR VALUED DINAR.
6-1-2015 Newshound Guru wmawhite Just a little point about the laws…the laws are about the future of Iraq…six months from today…a year, five years, etc…off into the future. The CBI deals with values of today. When the CBI introduces the IQD to the world currency markets it will reflect the value as of today…not a value based upon what laws were passed or not passed. Another point…and even [Guru] Kaperoni will speak about Dr. Shabbi ready to delete the zeros and begin the float back in 2012/13…right? Where were those laws that are so important and required for this? They did not exist because they are not required for the CBI to do their part.
6-1-2015 Newshound Guru Breitling They are going to put out larger notes 50’s and 100’s, I’ll believe it when I see it. but what they are talking about makes sense…it’s a different strategy…are you going to gain value in your currency? Absolutely. But it’s going to be at a different pace. They are reducing the note count and they said it will not increase the money supply notes. To get to a dollar…the pace has changed. Once they hit that dollar they’re going to hit the reset button and they’re going to have a totally different economic plan that gets them to the $3 rate. And that’s it.
6-1-2015 Newshound Guru Tlar The reason the CBI is planning for a more valuable series of bank notes is because this will help solve the liquidity problem because as these notes are introduced, the hope is that they will temporarily reduce the need for higher note USD that is principally being sold at the auctions. The CBI is scrambling to fix the liquidity problem but that will take time. Money has to work its way into the economy. They can’t just dump it in. Personally I think the program to produce these big notes is dead before it begins especially if it will take until 2016 to start to introduce them. Too little too late. They need to do something now and that something in my opinion is to get the RV into high gear now. We are starting to see articles from other economists that feel the same way. Introduce a smaller note with value. No good argument can be made for introducing a large note at this time. If someone is going to attempt to counterfeit a small note, surly they will also counterfeit a larger note with large value. Introducing a new note is still introducing a new note and counterfeiters are more likely to try to produce a big note. Personally I think it would make much more sense to just RV NOW, rather than wait until 2016 to introduce the large notes. I think that is what they will do.
6-1-2015 Newshound Guru Tlar One more thought. If the CBI is waiting on the security situation as so claimed, that is a big mistake in my opinion. First off the CBI and the government has issued cards to make government payroll. They are not sending cash into mosul or any city that is under the control of ISIS. If Iraq eventually runs ISIS out of the county, undoubtedly ISIS will take their spoils with them, especially cash. ISIS has to know that at some point Iraq will delete the zeros so even though it has been mostly USD they have stolen from the banks, they must have some dinar. That dinar is already lost or moved. The likelihood or repatriating it is as remote as getting the Iraqi oil they stole and sold out of of the country. Not changing the value of the currency as quickly as they can IMO, will cost them as a country more in the long run than if they change it now. It retards their economy and the economy is more important to get going than protecting any dinars they might loose from ISIS. So as an argument to hold the project up at this time IMO doesn’t make sense to me.