Iraqi Dinar Guru opinions 7-20-15
Iraqi Dinar Guru opinions 7-20-15
7-20-2015 Newshound Guru Millionday THE OIL LAW IS HUGE IN A COUNTRY PRODUCING OIL AT THE LEVEL THEY DO IN IRAQ BUT — TO SAY THE MONETARY POLICY CANT MOVE FORWARD BEFORE THE HCL IS DONE OR AFTER IS INFORMATION NO ONE HAS — AT THIS POINT THEY HAVE THE 2011 — SO IT MAY EVEN BE RELIANT ON ISSUES RESOLVED IN THE OIL AGREEMENT — TO KNOW WHICH IS TO BE ACTIVATED FIRST CANT BE DONE BUT — THEY ANNOUNCED THEY WOULD USE THE OIL AGREEMENT WHILE THEY FINISH THE HCL — THAT WAS INTERESTING TO ME TO STATE. [no hcl no rv correct?] NO NOT CORRECT…THE HCL DOES NOT DEFINE IF THE MONETARY POLICY IS RELEASED OR NOT — THE PLAN ITSELF WILL DO THAT — MEANING THE PLAN FOR REFORMS.
7-20-2015 Newshound Guru Kaperoni I can get as excited as anyone, but with this event heavily dependent on the passing of laws the create the investment environment (which is directly related to the rate of the dinar), i have less faith that parliament will get the job done. They do very little. It is truly sad…over 150 laws have been read twice. When you read from various clerics, or officials that Iraq should not take a loan, its not because of the debt, its because they don’t want the terms (stand by agreements) that come with them. Stand by Agreements are the only real way to make Iraq get the steps done the world is waiting on. So in reality, we want Iraq to take these loans from the IMF and World Bank.
7-20-2015 Newshound Guru Chattels Unless and until there is greater control of the Syrian border, I doubt that the tariffs can / will be implemented. We shall see. Could such control be accomplished by the 1st? Possible, but unlikely, IMO.
7-20-2015 Newshound Guru My Ladies [Is it possible that Iran and Iraq have found a way to conduct trade with one another that circumvents Iraq’s imposed program rate?] IRAN AND IRAQ HAVE BEEN TRADING FOR YEARS ALREADY. BUT I THINK IRAQ HAS TO REACT FOR MANY REASONS. SHARING A BORDER AS LONG AS THEY DO WITH IRAQ AND BEING OPEN FOR INVESTORS WITH LITTLE HEADACHES I THINK MANY OIL COMPANIES ESPECIALLY THOSE THAT HAVE NOT RECEIVED PAYMENT SINCE 2012-2013 WILL FIND IT EASIER TO SET UP SHOP IN IRAN. AND THE PORTS THEY ARE GOING TO BE SHARING IS ANOTHER REASON. I THINK WE ARE ABOUT TO SEE STABILITY IN IRAQ PDG AND I THINK IRAN EMERGING WILL BE THE PUSH THE ENTIRE MIDDLE EAST NEEDS TO COME TO THE MARKET.
7-19-2015 RUMOR Guru Mnt Goat Iraq still has plans to fully implement their tariff law come August 1st. We can see the billions of annual lost revenue from not having these tariffs in place as they planned to do years ago. They keep postponing this implementation. Why? It’s because they need a realistic rate and just a rate of the Iraqi dinar on the global currency exchanges in order for these tariffs to work. We can also see this past week they need more security in this area to protect the trade routes and harbors. Iraq has a liquidity problem? Iraq is in a financial crisis? Iraq has devaluing with regards to the dollar? Could this all be caused by not having a realistic currency rate and being traded globally? So what is the holdup? So when will this all end and they finally get Article 8 of the sanctions lifted thus having back their currency? Can you see it is more than time to do this. This next couple weeks should be very exciting! I believe we might be heading for a window of opportunity for an RV in these coming weeks.
7-19-2015 Newshound/Intel Guru BGG …they are talking about currency reform…literally EVERY DAY… it is breath taking…this tells you – pretty much what they think.