Iraqi Dinar Guru opinions 7-8-15
Iraqi Dinar Guru opinions 7-8-15
7-8-2015 Newshound Guru wmawhite [via Guru BGG] Article quotes: “The Iraqi government plans to issue local bonds worth five billion dollars, starting from the last quarter of this year…” “The bonds will be issued in US dollars in stages based on investor demand, and investors will choose between receipt of an asset at maturity in dollars or dinars, but at a better price than the market price.” “He noted the former official at the Central Bank of Iraq, Qassem Saleh appearance, that “the medium-bond maturities range between 12 and 18 months.” They just told you they are planning for an internationally accepted Dinar. How do you want your return? In USD or Dinar…something is up. …according to banking reference yesterday – (IHHO) he would find it highly unlikely for there to be an international acceptance and trading without a reality rate.
7-8-2015 RUMOR Guru Mnt Goat July 8th…the date when Iraqi president Masum has asked Maliki to make a decision as to his resignation. Let’s see how this plays out. Of course my opinion is he will not resign from the VP position and will be forced out. The other key date is August 6th. Why is this date significant? It is significant because the GOI has told us that this is the deadline to completing the decentralization effort down to the provinces. This means the transfer of the ministry powers and the setting up of the National Guard units needed for provincial security. Both need the final passing of some laws. So now we see an outside window for the completion of these laws. This is all coming together very nicely. I hope to be able to tell you soon that there is an RV window. I can truly see one in the near future.
7-8-2015 Newshound Guru Kaperoni Now that the budget law has been reversed, there is no excuses for Allaq now to do a good job stabilizing the market rate and moving the reforms forward. If I was Allaq, I would want to prove my worth now and make some headlines in the coming weeks taking steps to prepare for currency reform.
7-8-2015 Newshound Guru Millionday [Do we have to wait until they get the HCL done before they can RV?] THEY ARE USING THE AGREEMENT MADE BUT WE DONT KNOW WHAT THEIR PLAN IN TIMING IS. [Have you heard anything about the credit ratings at all?] I HAVE NOT SEEN A FORMAL ANNOUNCEMENT OF ALL THREE BUT THE PREPARATION FOR CREDIT AND INSURANCE AND INTERNATIONAL BANKING WOULD MAKE YOU THINK THEY ARE CLOSE. THE INTEREST RATE IS DETERMINED FOR INTERNATIONAL BANKING ACCORDING TO THEIR CREDIT RATINGS.
7-8-2015 Newshound Guru Millionday [Are we waiting on the derivatives in Germany or anything else?] WE ARE WAITING ON IRAQ`S MOVE TO A MARKET ECONOMY IMO… YESTERDAYS NEWS WAS HUGE AND THE DAY BEFORE — ANNOUNCING THEY ARE ACTIVATING THEIR INTERNATIONAL BANKING AND ALSO THAT CBI IS READY FOR A MARKET ECONOMY SEEMS MUCH MORE IMPORTANT ECONOMICALLY [On a scale 1 to 10 how are you feeling?] I AM EXCITED — I DONT KNOW HOW TO PUT IT ON A SCALE BUT THE HUGE NEWS WE HAVE READ IN THE LAST FEW DAYS ALONE HAS BEEN VERY EXCITING.
7-8-2015 Intel Guru SteveI …I have not given up on this investment. After reading and knowing what is really going on, I believe in it more now than last year. …[Guru] Millionday our CNN of the dinar world has done an excellent job keeping us informed with what is going on. Yes, it should have been done by now (changing value that is) but ISIL was not in the mix last year. Nobody predicted this one (thank Maliki for this this mess, so we let Iraq and the other countries deal with it and get this under control. Huge progress has been made and they will continue making great progress. [Guru] Ray and I have talked…and believe we are on a sound and positive track. One other comment, there is not one scenario I can even come up with that would allow the vast assets (gold, oil and many others) of Iraq to maintain the value of their currency much longer and still claim to be a powerful country. Yes they can continue with the oil dollars but that can only go on for so long. Iraq will get eaten up alive if this happens. So, this will not ever happen.
7-8-2015 Newshound Guru Kaperoni Article: “Iraq looking with American negotiators development skills to join the World Trade Organization” Iraq is a long way off from full accession to the WTO, but as long as it is discussed it is good news and more pressure for Iraq to get the market economy moving forward along with currency reform.
7-8-2015 Newshound Guru wmawhite What is required before the “delete the zero project” can be completed? The delete the zero project is NOT the change in the value of the IQD…hint. The project is several items…one of which is the size of the notes to be used…so, the IQD requires a change in its value Loooong before the project can be completed. I will be sitting on a beach in St. Kitts long before Iraq is finished with the delete the zero project. In other words…we do not care when they complete it…also, they have told us many times that the process has alrady started.
7-7-2015 Newshound Guru Aggiedad77 …WE ARE PAST SECURITY AND AT THE STAGE OF TRANSPARENCY NOW. LAST TUESDAY ONE OF OUR TEAMS TOLD US THAT A DELEGATION LED BY GOI/CBI WAS BEING PUT TOGETHER AND WE THOUGHT THEY WERE COMING TO THE USA. INSTEAD WE HAVE LEARNED THAT THE US IS COMING TO IRAQ TO TALK TO THIS GROUP. WE FEEL THAT THIS MEETING HAS ALREADY OCCURRED AND IT WAS POINTED IN THE DIRECTION OF THEIR SECURITY. BECAUSE IT IS OUR OPINION THAT ISIS IS NOW FEEDING UPON ITSELF AND THAT NOW WE CAN SAY THAT THE USA IS PICKING UP SPEED ON THE GROUND SO MUCH FASTER. AS ALL THIS HAS BEEN HAPPENING ABADI IS CONSTANTLY… DAILY TELLING THE CITIZENS THAT THEIR PRIVATE SECTOR WILL SOON EXPLODE AND THAT THEY ARE ADDING VALUE TO THEIR CURRENCY BY PASSING LAWS FOR THE CBI TO LIFT THE 000’S FROM THEIR EXCHANGE RATE.