Iraqi Dinar Guru opinions 6-28-15
Iraqi Dinar Guru opinions 6-28-15
6-28-2015 Newshound Gurus OOTW and sczin11 RIGHT NOW IRAQ HAS ACTIVATED THEIR PRIVATE SECTOR DEVELOPMENT AND AT THE FOREFRONT OF THIS IS IMPORTING AND EXPORTING REGULATIONS. …THEY NEED TO CREATE JOBS AND HAVE THEIR OWN GOODS TO SELL TO IRAQI’S TO BOOST ECONOMIC DEVELOPMENT WHICH WILL FURTHER SUPPORT THE VALUE OF THEIR CURRENCY, IE STOCK IN IRAQ – REMEMBER CURRENCY = STOCK IN A COUNTRY. NOW LOOK AT THIS..
6-28-2015 Newshound Gurus OOTW and sczin11 ANNOUNCEMENT TO THE WORLD… Abadi Office: “Start your transaction from your house,” the first step for electronic governance JUNE 28 2015…” THEY GOING TO START ALL BANKING TRANSACTIONS, AS WELL AS GOVT COMMUNICATIONS (FOR THE CITIZENS) DIGITALLY, ELECTRONICALLY… THIS IS FOR ALL TRANSACTIONS INCLUDING PENSIONS, BUYING GOODS, EVERYTHING. THIS TIES IN WITH THE UN VISIT TO SET UP THEIR DIGITAL BANKING SYSTEMS. THEY DONT NEED THE UN TO HELP THEM UNLESS THIS IS GOING TO WORK ACROSS BORDERS. THEY WOULDN’T NEED THIS ONLY IN IRAQ…THEY LAUNCHING THE PRIVATE SECTOR AND THAT SUPPORTS THE CURRENCY WITH SOMETHING OTHER THAN OIL. I KEEP HARPING ON THE PRIVATE SECTOR BECAUSE ITS’ KEY. THE PRIVATE SECTOR , THE KEY TO ANY NATIONS ER AND MR [ECONOMIC REFORM AND MONETARY REFORM], HAS BEEN LAUNCHED…PERIOD!
6-28-2015 Newshound Guru Aggiedad77 Article: “Economic adviser to the servants, the central bank must find a realistic price for the price of the dinar exchange Intasp with oil prices” I so enjoy reading things when Dr.S [Dr. Shabibi] and Dr. Saleh appear to be doing things in tandem…a coordinated effort of sorts it would seem…let them crow because they know what is coming…aligning the price of the dinar with oil, maintaining stability to ensure a smooth progression of the MR [Monetary Reform]. They understand what it will take to fully see the original dream for this currency to once again thrive. The politicians have not a clue to its true inner workings and thus need to stand clear and watch and be amazed at the end result for Iraq and the world.
6-28-2015 Newshound Guru My Ladies I WANT TO BE CLEAR THAT WE ARE IN NO WAY DRAWING A STRAIGHT LINE FROM GREECE OR IRAN TO IRAQ AND THE DINAR. WE DO NOT THINK THAT GREECE OR IRAN IS HOLDING UP THE TRADING OF THE DINAR. WE KNOW THAT A NEW BANKING SYSTEM IS COMING IN, WE KNOW THAT THE SDR MODEL IS COMING TO PASS, AND WE KNOW THAT WITH ALL THE CHANGES THAT ARE HAPPENING THAT IRAQ WILL HAVE TO CHANGE TOO. IRAQ WILL BE REACTIONARY TO THE ENTIRE BANKING SYSTEM AND IMF MONETARY REFORMS. AND THEY WILL REACT REGARDLESS OF WHAT IS GOING ON IN THE COUNTRY WHEN THE TIME COMES.
6-28-2015 Newshound Guru Millionday JULY 1ST — FIRST SESSION FOR IMPORTANT LAW — IMF MEETING ON IRAQ`S MONEY—JULY IS THE HUGE HUGE SHOPPING INTERNATIONAL MEETING — HUGE [Do you still think they have a date they are committed to to get this done?] I THINK THEY HAVE HAD A DATE FOR THE WHOLE TIME — WE JUST DONT KNOW WHAT IT IS SO WE WATCH WHAT THEY DO IN INK…WHO MAKES A PLAN OF CHANGE LIKE THIS WITH NO DATE?
6-28-2015 Intel Guru Already Blessed [new guru] [We definitely don’t know for sure if the Greece situation affects in anyway the RV…] OUR INFORMATION IS THAT GREECE IS DEFINITELY AFFECTING THE RV BEING RELEASED TO THE PUBLIC AS IT WOULD BE A FIASCO IF GREECE DEFAULTS AT THE SAME TIME. I DON’T KNOW THE PLAN FOR RV IF GREECE DEFAULTS.
6-28-2015 Newshound Guru Enorrste [You… have spoken before about how large investors will possibly get on board once they see it beginning to trend. So do we picture them as providing the momentum to keep it pushing higher?] I personally believe that once the exchange rate regime is changed to a free float mechanism that there will be significant interest from the financial community in the dinar. At this point it is not tradable on Forex or any other electronic media. But once it becomes internationally tradable then speculators will begin to look at it . When they do so they will see that the reserves of Iraq are huge in relation to the value of the money supply. Then, just as they would buy up an undervalued stock, they will begin to buy up an undervalued currency. One thing will lead to another as the ticker begins to move upward, and interest will grow and grow until it overwhelms the system. That is how I see it.
6-28-2015 Newshound/Intel Guru BGG [If I were an Iraq citizen and my neighbor Kuwait was rich because their currency was at 4 and mine was at 1166, I would be throwing a fit by now. Cant the people and government see the huge disparity between the 2 countries and do they not realize the problem.] …there was word getting out of Baghdad over the last couple of weeks about demonstrations brewing over the exchange rate of the Dinar…they have been following this as we have. Maybe not as close – expecting something to happen…they are getting restless – in fact, this recent “weakening” of the Dinar nearly got something going Abadi couldn’t handle…
6-27-2015 RUMOR Guru Mnt Goat I want to talk about these…international MasterCard transactions once again that seem to be the basis for the RV from some…don’t expect any RV even if these MC cards go live internationally. The Mastercards are tied to FIXED rates in a database. These rates are for government programs and FIXED rates and not tied to the floating currency exchanges in any way or fashion… these MASTERCARD events are for the SMART cards and not the “National” Cards. The “National” cards are NOT for these government programs such as retirement, salaries, pensions, food program, etc. The “National” cards are mainly for the oil revenues distribution sharing to the citizens. YES – if you are thinking HCL you are correct. Remember these payments were supposed to begin in a June – July timeframe. They fully plan to execute their plan on time to distribute these funds…they have the full month of July yet to make good on their promise to the people. I fully expect this event to happen and hear news of it very soon.
6-27-2015 RUMOR Guru Mnt Goat …there is another version of HCL too that Kurdistan needs implemented. It is mainly to address the sale of independent oil from Kurdistan to other countries beyond the Badgdad quotas set by the government to meet their budget requirements. This is an ongoing issue with the Kurds and they need this resolved. Could this hold up the payments of the oil revenues to the citizens? Sure it can and may be the reason why they have not yet paid them. Could this hold up the RV? Sure it can since the USA wants good faith and must see these payments happen before they feel HCL is fully implemented.
6-27-2015 Newshound Guru Enorrste Article: “The central bank’s “Tomorrow Press:” the project to delete the zeros will be applied beginning of the year 2017″ This is an important article because it comes directly from the mouth of the head of the CBI. Furthermore, he is stating that he “expects” the beginning of the removal of the large notes to begin in early 2017. By stating this in this way, Allaq has left the door open a little bit. As investors we have come to learn that this is a process that will begin with the change in the exchange rate regime from a fixed rate to a floating rate for the currency. This is essential PRIOR to the beginning on the removal of the large notes. Therefore, we can look with confidence for a change in the exchange rate regime within the next several months, in my opinion. Then, according to the way I understand Allaq, he is allowing about a year or so for the value of the dinar to rise to a point at which the “beginning” of the removal of the large notes will take place. By early 2017 it will not surprise me to see the rate down to 100 or 200 to 1 for the dinar.
6-27-2015 Intel Guru SteveI Topic: “Japan calls for Iraq to pay its dues working in the field of energy” You will start seeing more of these demands in the near future. Iraq is under tremendous pressure to get this done (value that is) and start moving their country forward like planned for years.