Iraqi Dinar Guru opinions 6-24-15
Iraqi Dinar Guru opinions 6-24-15
6-24-2015 Newshound Guru Millionday LETS TAKE ONE MORE LOOK AT THE IMPORTANCE OF A CREDIT RATING AND ITS USE FOR A COUNTRY — (MUCH DIFFERENT THAN PERSONAL AND BUSINESS) THE CREDIT RATING IS A KEY ELEMENT IN THE DECISION MAKING FOR INVESTORS WHEN DECIDING TO INVEST IN A COUNTRY—THE RISK (HIGH OR LOW) IS DESCRIBED BY THE RATING ITSELF AND ALSO THE CONFIDENCE IT BUILDS IN ITS PROCESS. Article quote: “The central bank decided to open a window at his headquarters in Baghdad to meet delegates and scholars requests abroad in dollars and the official price.” MEETINGS ARE NOT ONLY GOING ON ABOUT IRAQ`S CREDIT RATING – BUT THEY ARE ALSO MEETING ON THE OFFICIAL CURRENCY PRICE — WHHHOOOPOW.
6-24-2015 Newshound Guru Aggiedad77 Article: “Jubouri: General Amnesty Law came to Parliament” According to House Speaker Jubouri, Parliament will have in front of it upon its return the Amnesty Law, along with several other important laws that were there when they left on recess, the National Guard Law, Federal Court Law, Law of Parties, Law of Accountability and a host of other issues some of which has been around without resolution for at least 8 years…time to “git ‘er done” folks.
6-24-2015 Intel Guru Frank26 IMO the bonds totally solve their liquidity problem and these bonds need to be SOLD NOW! They don’t have to wait until Jan 2016 – they need to start selling them in July.
6-24-2015 Newshound Guru Chattels “the Council voted during its meeting today to approve the draft local product protection law, which included some 13 national protected material” i wonder what local products are being protected and how such is being accomplished. tariffs? perhaps we are indeed poised for the implementation of tariffs in the near term – very interesting.
6-24-2015 Intel/Newshound Guru Poppy3 NO ONE IS HOLDING THE RV UP?! AS I SAID 2 MONTHS AGO WHEN THEY FINISH THE LIST OF REQUIREMENTS OUTLINED BY U N , WORLD BANK AND IMF…THEN THE NEXT DAY WE WILL SEE A RATE. …THIS THING EFFECTS MANY COUNTRIES…THERE ARE MANY DETAILS WE ARE NOT NOR EVER HAVE BEEN PRIVY TO. THIS IS AN AWESOME INVESTMENT BUT THIS INVESTMENT IS NOT LIKE INVESTING IN BUDWISER , OR PEPSI COLA…THIS WILL EFFECT THE MONETARY SYSTEM AROUND THE GLOBE…BE PATIENT AND PARTICIPATE IN HISTORY…
6-24-2015 Newshound Guru Kaperoni Press Release Quote: “The head of the House of Representatives, Saleem al-Jubouri, Tuesday, that the House of Representatives awaiting the arrival of the oil and gas law, the Council of Ministers in order to read the legislation.” One thing is for sure..they are making this next session of parliament out to be the “big” one.
6-24-20215 Intel/Newshound Guru tman23 There are 44 foreign embassies in Iraq…25 consulates in Iraq (all in Erbil)… The job of an embassy is to help foreign travelers…the consulates deal with the same and business… 4 consulates were just named for Erbil in the past 7 days…Belgium will be opening it’s embassy in Baghdad and then immediately Erbil consulate… SO… With all these embassies… WHY? There is a lack of security and terrorism. Who is planning on visiting? And Iraq has 77 embassies to fund in foreign countries.
6-23-2015 Newshound Guru Aggiedad77 Article: “Deputy: the deletion of zeros from the currency and a national project” Word of CAUTION here…don’t just read the 2017 date and freak out…this project of the deletion of zeroes is an ongoing part of the MR…trust in this…yes they have said it could take upwards of 2 years to complete…but the lava flow is moving as we speak today…note too they talk of pulling old currency back in over a 10 year period…they are working in a very focused way to make all this happen…working in the face of adversity as there are those from a political standpoint who do not want to see this happen…these speed bumps must be overcome as they keep pushing the flow forward.
6-23-2015 Newshound Guru Kaperoni Article quote: “…delete the zeros of the Iraqi currency and a national project to feminine Iraqi currency, likely work on the project early in 2017.” Though hearing 2017 is not good, this is a really good article. It once again confirms no LOP (a LOP would require all denominations to come out at the same time). It also confirms that the issuance of the 50k will move the process forward to delete the zeros. It also confirms that the rate must rise to at least a point where a 50, 100, and 200 would have usage (which IMO is about .10 cents). So this is more confirmation that the CBI plans to delete the zeros gradually, raise the value of the dinar, and begin doing so after they reduce the physical note count with the issuance of a 50k note (if they do this at all).
6-23-2015 Newshound Guru Kaperoni it is nice to read that they will honor the larger 3 zero notes for 10 years again. That should give us plenty of time to watch the dinar rise once it starts to decide where and how we will exchange these notes…for sure the can has been kicked down the road starting back in 2012. But I believe that if they do issue the larger 50k note, the process is then non-reversible… because once they start reducing the physical note count there is no turning back. Hopefully I am correct and this project will finally get started so we all can relax and watch Iraq and the dinar prosper. The dinar float must start well before 2017 (probably early to mid 2016) in order for the rate to reach a point where a 50, 100, and 200 dinar note would be of use in the market (IMO around .10 cents).
6-23-2015 Newshound Guru Aggiedad77 Article: “Why will deteriorate dinar? .. Economists discuss pumping the dollar in the markets, policy” Some economists say the dinar will deteriorate…some say that it is going to improve…my opinion says that if they can keep the politicians out of the mix that the dinar will see improvement, let the CBI do what they do best which is money management…if there are money launderers in the mix take care of them, point fingers at them, charge them, and get them convicted…same with smugglers…can’t have either…And as far as corruption goes…please turn it over to the Integrity Commission and let them put their detectives on it…just focus on what should be in the best interest for Iraq and what follows from that will prove to be a great thing for the world as well.
6-23-2015 Intel Guru Frank26 WHAT IS ON THIS CHECKLIST IN JULY? Me personally, I’d like to stick in my vote: 1 – I want the governor as quickly as possible – only Shabibi. 2 – Bonds with a soluble rate. 3 – The 50 and 100 new currency (don’t confuse the 50K and 100K notes that are a completely different subject…there is no such animal…you’re saying they’re going to replace them but there isn’t any – it’s just the 50 and 100. 4 – Master Cards and Visas and many different kinds of cards 5 – Salaries 6- Lower denom’s 7 – Look the 7th of the 7th of the 7th…is CREDIT RATING. These are the 7 things for July and it’s not even far-fetched…if it’s really not going to happen this month, may we say forget about it? No, no! Move into the next month because it’s the lava flow…They have no liquidity, therefore, no value and yet they have assets…4 million barrels of oil are produced a day is an insult to an IQD of 1166. The RATE IS WRONG for what’s happening in Iraq!
6-23-2015 Newshound Guru sczin11 JORDAN BANK IN MOSUL STATES BUSINESS AS USUAL…MULTIPLE RELEASES AND VIDEO INTERVIEWS, THAT BANKS ARE OPERATING IN MOSUL, LIKE NORMAL! …WHY IS THIS SUCH IMPORTANT INFORMATION? MANY HAVE CLAIMED NO potential change in value UNTIL ISIS OUT OF MOSUL…MANY HAVE STATED EITHER MOSUL BANKS WERE CLOSED OR RUN BY ISIS… MANY HAVE STATED WHY WOULD CBI potential change in value AND GIVE ALL THAT MONEY TO ISIS SINCE MOSUL IS RUN BY THEM…MANY HAVE STATED ISIS IN SUCH CONTROL OF THE COUNTRY THAT MR CAN NOT BE COMPLETED…WE HAVE HEARD REPORTS OVER LAST MONTH THAT MOSUL WOULD BE, IS, OR WILL BE LIBERATED SHORTLY…HEARING AND READING ALL THESE RELEASES, IS CONFIRMATION TO ME, THAT ISIS IS NOT HINDERING THE COMPLETION OF THE MONETARY REFORM…JMHO. LIKE MOST EVERYTHING ELSE WE READ, THE NEWS HAS HAPPENED, PAST TENSE…SO THE QUESTION REMAINS, WHY RELEASE THIS NOW? MORE DIVERSION FOR SOMETHING BIGGER TO HAPPEN OR BE RELEASED, THAT SEEMS TO BE LOOMING IN THE LIMELIGHT…
6-23-2015 Newshound Guru sczin11 LOOK AT THE QUANTITY OF FINANCIAL, MONEY, BANKING, ARTICLES AND TOPICS HAVE BEEN RELEASED IN LAST MONTH…MIND BOGGLING TO SAY THE LEAST…DINAR EXCHANGE VALUES UP AND DOWN AGAINST THE US DOLLAR, NEW LARGE DENOMS BEING ISSUED AND DESIGNED, FINANCE COMMITTEE STATES THIS, CBI STATES THAT, POLITICAL DIGNITARIES POINTING FINGERS, CRISIS CELLS DEMANDING EXPLANATIONS, CORRUPTION, MONEY LAUNDERING, BANKS SUSPENDED FROM AUCTIONS, THEN REINSTATED…NO AUCTIONS, HIGH AUCTIONS, NO TAX ON EXCHANGES, BANKS OPEN ON SATURDAYS WITH 4 DAYS NOTICE TO GET WORK SCHEDULES IN PLACE…NEED I GO ON… GET THE PICTURE…CALL IT DIVERSION…CALL IT A COVER UP…SOMETHING IS HAPPENING…OH AND WAIT…DR. SINAN AL SHABIBI, SPEAKS AFTER SIX MONTHS OF SILENCE, SINCE HIS ACQUITTAL! HAVE WE HEARD ANYTHING FROM THE BANKS IN MOSUL SINCE JUNE 10, 2014, OTHER THAN ROBBED, CLISED DOWN, CONTROLLED BY ISIS, ISIS MONEY BEING USED…AND TODAY WE HEAR FROM THE BANK OF JORDAN, REFERRING TO INTERVIEW OVER A MONTH AGO…WHY MY FRIENDS?
6-23-2015 Newshound Guru Millionday “The Exchange Rate of Foreign Currency in Economic Feasibility Studies” I WANTED TO LOOK AT WHAT IS BEING USED TO DO THE CALCULATION…UNDERSTAND I AM SHOWING YOU WHAT IS BEING DISCUSSED BUT NOT IS ONLY DISCUSSED–BUT–PLANS STATED–AND THIS DISCUSSED IS ACTUALLY–THE REALITY OF IT ALL. Quotes: “Justifications for exchange-rate adjustment: …It is demonstrated in this context to call for assessing the dinar for less than (3.208) dollar (official exchange rate) when assessing project outputs and inputs of traded goods…” “Estimate the amended exchange rate of the Iraqi dinar to be used in technical and economical feasibility studies and for (1.134) dollar per dinar.” we have never seen any kind of calculation at any time. [so r they saying 3.208 or 1.13?] THEY ARE LISTING JUSTIFICATIONS — NOT ACTUAL — JUST WHAT COULD BE AND WHY ETC — NO GUARANTEES.