Iraqi Dinar Guru opinions 7-14-15
Iraqi Dinar Guru opinions 7-14-15
7-14-2015 Newshound Guru Enorrste Article quote: “The fiscal and monetary authorities in Iraq now that is seriously considering (and bravely) adjust the exchange rate of the Iraqi dinar and including in line with the real price for the operation of the economy and the productive sectors, we know that it will be at the expense of all of our dreams strongly Iraqi dinar.” We have seen ample evidence over the last months that the CBI has been making preparations that will lead to a strengthening of the Iraqi economy and the raising of the value of the dinar. On the other hand, we have NEVER heard from anyone that there might be a plan to lower the official value of the dinar.
7-14-2015 Newshound Guru Enorrste Therefore, I conclude that Turki is simply stating what we all know: that the CBI is planning to raise the value of the dinar and that it is taking an act of bravery to do so, given the current financial crisis…Article quote: “we know that it will be at the expense of all of our dreams strongly Iraqi dinar, which was worth US $ 3.33 and 2.4 pounds, and became in 1979…” Turki goes further, by referring to the “goal” of $3.33 per dinar that existed in 1979. In other words, he is referencing the “plan” that has existed since 2007 to return the dinar to its original value of $3.33 per dinar.
7-14-2015 Intel Guru Frank26 …the HCL is in the 2015 budget – waiting for the completion. ¾ of the HCL has been used since 2007…because it makes Iraq money. This has allowed Iraq to limp along month-after-month…The HOT part of the HCL is the 4th part. Yes…the GOI and OIL Companies know how much they are getting from Iraq from the HCL…and soon the citizens will see their part too.
7-14-2015 Newshound Guru Millionday [what is the period or time frame of EID?] THE END IS THE 20TH. [any word …Maliki 2 step-down after eid?] IT IS REPORTED TO STILL BE HAPPENING HAVE NOT SEEN A CHANGE. THAT IS THIS WEEKEND. NEXT WEEK AFTER HOLIDAYS HAS BEEN SAID TO BE THE ACTIVATION OF SO MUCH — I CANT WAIT TO SEE THE NEWS EVERY DAY. THE NATIONAL GUARD IS BEING ADDRESSED RIGHT NOW FOR VOTE AND THE IMPORTANT LAWS ARE BEING ADDRESSED AS WELL FOR VOTE AFTER HOLIDAYS…
7-14-2015 Newshound Guru Kaperoni Article quote: “Mustafa sees that many economists are beginning to call for setting a new rate of the dinar less than the current, Mustafa also demanding to float the exchange rate…” I highly doubt the CBI will reduce the value of the dinar. If we saw a mass dumping of dinar when the market rate dropped last month, how do you think Iraqi’s would respond to an “official” devaluation? IMO it would be a nightmare. As for a float, though that is what we expect, the conditions are not right now for that to occur. Again, I think we are in a situation where the CBI is hamstrung and trying to buy time for the laws to be passed, and the security and stability to set in. Once that occurs, investors and capital will begin to come in and the CBI can start to look at monetary changes. Until that happens, we wait.
7-14-2015 Intel/Newshound Guru Poppy3 [its looking very good.] VERY, VERY GOOD FOR THE NEXT MONTH. THEY MAY NOT GET IT DONE BUT EVERYTHING SURE SOUNDS LIKE THEY ARE IN THE PANIC MODE TO MAKE IT HAPPEN.
7-14-2015 Newshound Guru sczin11 ECONOMIC NEWS BANKING AND INVESTMENT RELEASE MILITARY NEWS: WORLD BANK, IMF…BORDER WITH KUWAIT AND IRANIAN AIR SPACE OPENED… CAN YOU SAY OPEN MARKET…? INTERNATIONAL TRADE…BANKS AT THE BORDERS FOR WHAT? CUSTOM AND TARIFF COLLECTIONS! [how long til a rate change?] SOON. [ARTICLE] TODAY SAYS MALIKI WILL RESIGN AFTER EID HOLIDAY. BORDERS OPENING UP IN BASRA TWENTY FOUR HRS A DAY. IRANIAN AIR SPACE OPENED FIRST TIME IN 35 YEARS. WORLD BANK LOAN SIGNED. SERIOUSLY, LOTS OF RELEASES…TREMENDOUS ER [ECONOMIC REFORM] AND MR [MONETARY REFORM] PROGRESS.
7-13-2015 Intel Guru Frank26 …I told you that the Iraqi citizen’s are becoming weary – just like you and I. In the last 2 weeks they are now being told more about Maliki…The GOI put out campaign to inform the citizens that Maliki will be dealt with. The treason report that was given to the citizens of Iraq (about 9 months ago) – says that Maliki will go to trial. What does that have to do with the MR? Everything! In our opinion when you see the #1 HCL … #2 Maliki contained … #3 will be the RI / RV. We believe these 3 events will come together at the same time.
7-13-2015 Newshound Guru Kaperoni Article quote: “Maliki submitted his resignation after the holiday .. and the first reshuffle of the government ousted by al-Abadi “Hoshyar Zebar…” I’m not buying it. No other sources printed articles today and this source often in the past has had bogus articles. I wish it was true, but I need more.
7-13-2015 Newshound/Intel Guru BGG clearly THE NEWS of the day: Maliki submitted his resignation after the holiday…and the first reshuffle of the government ousted by al-Abadi “Hoshyar Zebari”. …IMHO – that is the main thing I am looking for…amazing how many other items are about to tumble into place. If he goes things are in OVERDRIVE!!
7-13-2015 Newshound/Intel Guru Arthur Liquidity could be created overnight by the IMF and WB (PTB) in a heartbeat, but nobody is willing to do that to a country in political turmoil with no law governing how that money will be fairly distributed as to maintain a strong dinar for years to come. If you had 18 kids (provinces) that didn’t get along, would you just give the oldest one (Baghdad) all the money and trust that the money would be evenly distributed to the others and his creditors? And not to mention this kid you are throwing all this money at has just recently been let off of a decade long punishment for attacking his neighbors and attempting genocide on his own brothers.
7-13-2015 Newshound/Intel Guru Arthur Thankfully all those people mentioned that have supposedly understood everything while the country has been going to hell in a hand basket are the very ones in serious negotiations right now to finally get a vitally needed and long awaited Hydrocarbon Law in Iraq. …the HCL is part and parcel of the budget itself and is connected at the hip with a simultaneous or shortly thereafter IQD reality rate at which time the “liquidity” problem will suddenly and inexplicably disappear… and the good news is the timing for this as of now appears to be sooner rather than later given the latest and soon to be public progress made in both public and secret negotiations going on right now. The proof will be in how fast everything is about to start falling in place as they get closer and closer to and HCL agreement leading up to and culminating in the revaluation of the Iraqi dinar.