Iraqi Dinar Guru opinions 6-5-15
Iraqi Dinar Guru opinions 6-5-15
6-5-2015 Newshound/Intel Guru BGG Article quote: “Called on the Economic Adviser to the Prime Minister Haider al-Abadi, on Wednesday, to install governor formally the Central Bank…” I don’t see this as a guarantee Dr Shabibi comes back. In fact, while it is good news they want to install a legit (not proxy) CBI Gov…nowhere does it say it will be Dr Shabib. Further – if one understands the dynamic between Shabibi and Maliki – it is tough to imagine Shabibi will come back as long as Maliki has any sway whatsoever (according to my sources).
6-5-2015 Newshound Guru Adam Montana [I would appreciate your over view on the Middle East and how you believe the turmoil in the region might affect the potential revaluation of the IQD? Or does it?] Middle East: always has been and always will be chaos. This has not prevented high value currency in the past, and won’t prevent it in the future. [At one time I believe you were of the belief that if there was a revaluation of the IQD that Iraq would be a fine place to invest. Do you still believe that?] Absolutely! Would I want to live there? NO! But is there money to be made there? YOU BET!
6-5-2015 Intel/Newshound Guru tman23 We need the FED COURT ACT… We need to understand that as the Court sits now it can rule a final decision with no right for appeals by the regions or provinces. This law in limbo and the Court in it’s current condition is “The Obstacle” to the investment law and the Kurds moving forward with the GOI… Jabouri heading out of Iraq …We need to see what Baghdad pays the Kurd region and when Jabouri returns…Will they get a vote on the Fed Court Act… At this point…IMO…There are only 2 things we need to watch…Amount Kurds are paid…And the Fed Court Act Law.
6-5-2015 Newshound Guru Aggiedad77 Article: “Iraq’s oil on the right track after year loss” I would change one word in this title and say “years of” loss instead of year loss…they talk down in the article of the issues that beset PM Abadi and his new government that put things into a downward spiral…the most daunting of which was the misdirection by former PM Maliki…who managed to run Iraq into the ground before they were kicked out of power…So since that time Abadi and crew has worked steadily to improve things…worked steadily swimming upstream against a flow of falling oil prices and liquidity issues…when you are left with weeds it can be difficult to get good crops to grow right off the bat…but they are working in the right direction.
6-5-2015 Intel/Newshound Guru Backdoc [SO…There is still a chance for June for the RV or RI ? IYO] ANY TIME IS POSSIBLE! WE ALWAYS HAVE HOPE…WE SIMPLY WAIT OUR TURN IN THE WAITING LINE OF MONETARY REFORM! WE SEE THE EVIDENCE OF PROGRESS ALL AROUND US…SO TRY TO ENJOY THIS PROCESS AS WE SEE IT UNFOLD BEFORE OUR EYES!
6-5-2015 Intel Guru Bluwolf [via kogarris] The key to what is to transpired for the changes to humanity has been turned and the door is now finally opened, all things expected will march along without any restraints…values on bank screens are now evident, place holders aside, I guess after waiting for 7 years the time for prosperity and change is actually here. …I have been silent till the time is right, but guess what now is that time to share this humble message.
6-4-2015 Newshound Guru Aggiedad77 Article: “Fulfillment of customs tariffs in all border crossing points, without exception,” According to the COM this week tariffs and taxes are coming…look for them on or around August 1…all ports and border crossings will be expected to comply…no exceptions…this is said to be in alignment with Article 33 of the 2015 budget…are we seeing more of the budget being opened here….potentially that all of it will be exposed…roughly 45 days until August 1…is that time enough to create “the event”…the BEST of things yet to come…it makes sense.
6-4-2015 Intel Guru SteveI Sterling Currency Group: Regardless what happened…this is a real investment with a very real currency. I do believe that once ISIS is under control, things will move much faster. It really does not take much for one to realize that Iraq as a country with the wealth and potential wealth and future investment, at some point in the near future, their currency has to be worth a lot more than what it is now or they will just fall apart and fail.
6-4-2015 Newshound Guru Adam Montana [We are about to head out on vacation. Should we take some dinar with us in case an RV happens while we are in another state? Or, in the event that an RV does (happily) occur should we just wait a few weeks till we’re back home to cash in.] I wouldn’t advise anyone to be more than a couple days away from their dinar.
6-4-2015 Newshound/Intel Guru BGG the two important factors (to Abadi) are value (which he desperately needs) and the Investment Law (which he promised to investors while here in the US). They appear to be moving right ahead on those – just not there yet…but nice to see their urgency on these “core value” issues. [Only thing I’m interested in right now is that elusive Tariff law.] It is fully passed – just not being implemented as yet… [HOW LONG DO YOU THINK ALL THIS CAN TAKE?] IMHO – they are in overtime already. My guess is – they thought they would come back from DC with all these commitments and they wouldn’t have to do their part (Add value)… now they are starting to get the message – all the aid, commitments, loans, etc, come with strings attached. THEY MUST DO THEIR PART.
6-4-2015 Newshound Guru Aggiedad77 Article: “Council of Ministers directed to reduce working hours during Ramadan” Point to make here…notice the COM is saying that working hours may be REDUCED during Ramadan by ONE hour for ministries and departments where they are able to make this happen… they aren’t saying to stop work altogether….for they recognize that many things are needing attention even as Ramadan is observed…work will not stop, nor will issues be set aside.
6-4-2015 Intel Guru Freeway Bill Please do not try to read any negative for you out of this Sterling raid. It has nothing to do with the blessing. This does not mean that the whole IQD thing is a scam. This is a totally unrelated issue. This information came to me this morning and I was asked to forward this to you by my most trusted and reliable sources…
6-4-2015 Newshound Guru Adam Montana [We heard months ago from Abadi that the “dinar value will change soon”. That was back in April. Then they said by end of May…nothing going on. Now they say before Ramadan…? For as long as they have been working on this there seems to be just a “move it out”(date) mentality. We keep hearing there really isn’t any thing else to do…but there seems to be a something “new” every day. What are you hearing from your contacts in Iraq. One could easily suspect this is a scam. They keep doing business with a “crap” currency.] I don’t know what you mean by a “scam” – the dinar is a very real currency, and in my opinion it has a very real chance to make some very real gains.
6-4-20215 Newshound Guru Adam Montana This isn’t about “Monday” or any other specific date. Iraq doesn’t care about you, me, or anyone else…This is all about what Iraq stands to gain and what Iraq has to do in order to make it happen. As of this year, Kurdistan and Baghdad are skipping along hand in hand, in more harmony than we have EVER seen. Kurdistan is producing more oil every month, and Baghdad is dutifully sending them the money they deserve for it. This is getting us closer to an HCL every day. The GOI is in better shape than at ANY time in the last 7 or more years. With Maliki out of the big seat, Parliament has made more progress already this year than the entire last 5. I’m sorry it didn’t happen last Tuesday like a few…promised… but I will not apologize for remaining positive here.
6-4-2015 Intel/Newshound Guru Poppy3 …WITHOUT VALUE ADDED TO THE RATE THE TARIFF LAW BEING IMPLEMENTED WILL NOT RETURN ANYTHING IN A PROFIT COLUMN? EVEN TWO YEARS AGO DR SHABIBI STATED IT WOULD TAKE 3000 NEW TRAINED WORKERS TO START COLLECTING THE TARIFFS AND AT THE VALUE OF 1166 IT WOULDNT PAY FOR ITS SELF. I AM PLEASED THEY ARE ASKING FOR IT AND SAYING NOW IS THE TIME BECAUSE THAT TELLS ME THEY KNOW THE NEW RATE IS READY TO BE ANNOUNCED. TIME WILL TELL SOON.