Iraqi Dinar Guru opinions 6-19-15
Iraqi Dinar Guru opinions 6-19-15
6-19-2015 Intel/Newshound Guru tman23 4 moves by Abadi that cause reason for concern. 1) He made a televised address stating he paid the Kurds in full for their oil and does not know why they have not paid their peoples salaries… 2) At the Paris security summit he asked for Iran sanctions to be lifted, which was completely inappropriate! 3) He went and visited Russia to seek military weapons 4) He just went to Tehran and met with Rhouaini for future trade deals… Must admit that all 4 of these moves are questionable…and quite frankly they are moves that are favorable to Iran more than the G19 countries…
6-19-2015 Intel/Newshound Guru tman23 [why would Abadi ask for sanctions to be lifted for Iran? well IMO I think he is still a great leader/Prime Minister! but not sure what in the world he is doing?] I could speculate on a number of reasons… But IMO…it is directly related to the lifting of the 3 zeros… Iran wants to trade with Iraq but lifting the 3 zeros means there would be no parity between currencies… Iran would have to live up to the nuclear agreement and any breach would keep sanctions in place causing more internal problems with the Iranian regime… And we see Iran attempting to stall things until January…6 months until their sanction ease… Note that members of the PUK would like to hold the elections 6 months from now and not August 20th… This gets into detail…but the pattern is present!
6-19-2015 Newshound/Intel Guru BGG I am unsure of Abadi’s charter coming back from Iran – personally, I hope not much was agreed to and he put them on their heels…anyone understanding the dynamic knows Iran is no fan of currency reform in Iraq.
6-19-2015 Newshound Guru OOTW THE PARLIAMENT CAME OUT WITH AN OFFICIAL PRESS RELEASE ON SUNDAY’S HOSTING OF THE GOVERNOR OF THE CBI, ALI ALAQ MOHSEN OR “KEYWORDS”! ALSO, ABADI HAS FORMED A “CRISIS CELL” MEETING TO REMOVE THE CUSTOMS FEES, KEYWORDS PUT IN PLACE – THIS IS A BOLD MOVE BY THE GOVERNMENT – AND DIRECTLY CONNECTS WITH SUNDAY’S “HOSTING” OF KEYWORDS.
6-19-2015 Intel/Newshound Guru tman23 We suspected that after the special meeting on the investment law Monday May 25th that we would see the “new currency” 50k note presented, at the very least a photo! We did not get that…in fact it seems like the subject is fading…But we did get Shabibi speaking out…We don’t know how it is being played out but…events are coming close to speculated timelines!
6-18-2015 Newshound Guru Stryker It is my belief that we are down to the CBI reducing the market rate as close as they can to the de facto rate of 1166, and boy was today a big step in getting there. If you haven’t seen my update on my MARKET RATE CHART be my guest, it has dropped 41 dinars to the dollar just since yesterday and with a lower auction amount today then yesterday’s auction. I also have confidence that the CBI will get their full independence back and if all goes well, the tariffs will be implemented the first of August. Yes there are some real concerns both with all the corruption, security issue, the low liquidity issues and the low market value of the dinar but all signs show that they are making great steps in those directions. Can they get to where they need to be to see the delete zero project completed, introduce new categories of currency and at the same time increase the purchasing power for the Iraqi citizens, all within this year? I sure believe they can and why I am spending so much time understanding all the possibilities that can drive them there, or see the ones that could prevent them from getting there.
6-18-2015 Newshound Guru SCZIN11 FOLKS, PM ABADI AND THE COM, ACTED TODAY, AS THEY PROMISED ON TUESDAY THEY WOULD…THEY MET, THEY DISCUSSED THE DINAR EXCHANGE RATE CRAZINESS THAT HAS BEEN OF SUCH MEDIA ATTENTION OVER THE LAST WEEK…THEY HAVE COME TO THE CONCLUSION, IT IS TIME TO GET THE IRAQI PEOPLE TO BELIEVE IN THE THE NEW REGIME…THEY HAVE DECIDED TO SHOW THE WORLD IRAQ IS HERE, AND NOT GOING ANYWHERE….THEY HAVE DECIDED IT IS THE TIME TO MAKE THE CBI DO WHAT THEY HAVE STATED THEY WANTED TO DO, BUT HAVEN’T BEEN ABLE TO ACCOMPLISH…BY ELIMINATING THE 8% TAX ON THE EXCHANGING OF DINAR FOR DOLLAR, THEY WILL BE ABLE TO STABILIZE THE EXCHANGE RATE FOR THE PEOPLE OF THEIR GREAT NATION.
6-18-2015 Newshound Guru SCZIN11 …AND THEY ARE CALLING ON THE ACTING GOVERNOR OF THE CBI TO FACE THESE EDICTS, ON SUNDAY AT THE EXTRA ORDINARY EMERGENCY FINANCE COMMITTEE MEETING…WITH PARLIAMENT COMING BACK JULY 1, AMNESTY LAWS BEING PRESENTED IMMEDIATELY, AND ALSO WITHIN FIRST WEEK, THE REPORT FROM INTEGRITY COMMITTEE ON THE FALL OF MOSUL….FOLKS WE ARE MOST DEFINITELY ON THE VERGE OF SOMETHING MAJOR HAPPENING…..ALL ON THE HEELS OF RAMADAN….STAY TUNED!
6-18-2015 Newshound Guru Aggiedad77 Article: “Parliament rapporteur: draft amnesty law will reach Parliament next week” The Amnesty Law has been approved by the COM and is being written up in the proper format for submittal to Parliament…should get to them some time next week.