Iraqi Dinar Guru opinions 7-28-15
Iraqi Dinar Guru opinions 7-28-15
7-28-2015 Intel Guru Frank26 …the main thing that we have been concerned about in the IQD investment is the SECURITY in Iraq. The SECURITY that we want is growing rapidly. The Iraqi Army is kicking butt…removing ISIS…capturing cities, ground, banks, etc. The IMF watches all of this and says on their website that the IQD is 1166…but 2 days AFTER this military action…the IMF removes the rate of the IQD and puts up there…“HOLDING”. What are they holding? Not much…you know the IMF already gave Iraq the green-light. We believe that the info coming out right now is so concentrated towards the monetary reform of the IQD that it is very clear. I think the conditions are now good to raise the value of the IQD. The environment of Iraq is good for the IQD to reinstate it’s value…just like Dr. Shabibi wants. We are almost there…I don’t know WHEN…we offer no date here. You can’t raise the value of the IQD if the GOI and the CBI are fighting – and there is none!
7-28-2015 Intel Guru Frank26 Maliki…is the reason why we don’t have a monetary reform yet. Maliki sees his loyal followers dwindling in front of him. His time is measured. Maliki even tried to give problems to the Kurds. Normally they would have come out after him – but they did nothing. They don’t care about Maliki! The Kurds are the primer of the monetary reform of the IQD currency. They are the ones who will trigger everything for the funding. The GOI said that the investment law is being passed and IMO is being done for Kurdistan. The INVESTMENT LAW was passed a long time ago. It was amended 3 times. Why? To “SUIT” the conditions for the Investment Law…to grow the private sector and their economy. They have to get this done by October.
7-28-2015 Newshound Guru My Ladies [via MIKE (MVL)] THE SANDBOX IS A LOT FURTHER ALONG THAN WHAT WE KNEW OR SUSPECTED…WE ARE DEALING WITH SOME OF THE LAST PUZZLE PIECES. IRAQ IS READY TO SELL RETAIL BONDS…KEEP WATCHING THIS PROCESS…THIS MAY START AUGUST 2ND. IF THIS HAPPENS IN IRAQ ONLY, THEN NO INTERNATIONAL RATE IS REQUIRED. WE ARE NOT SURE JUST YET WHERE THEIR CURRENCY COMES INTO PLAY DURING THIS PROCESS. WE MAY SEE A 1095 RATE FOR THE IQD ON THE FOREX THIS COMING SUNDAY NIGHT, MONDAY MORNING VIA THE CBI WEBSITE. DON’T DO ANYTHING… DON’T FREAK OUT…JUST WATCH IT TAKE ITS FIRST INTERNATIONAL STEPS. IQD AT THE START 1095, BUT IT WON’T STAY THERE…IT CAN’T.
7-28-2015 Newshound Guru My Ladies …NEVER MIND THE INITIAL RATE…THIS WILL CHANGE… WE COULD SEE MORE PROGRESS WITH THE IQD RATE BETWEEN THE 2 BILLION BOND SALE, WHICH STARTS AUGUST 2ND, AND THE 3 BILLION BOND SALE, A MONTH LATER. WE MAY NEED TO SEE A RATE FIRST, THEN DELETE THE ZEROES. THE DELETE THE ZEROES THING, PART OF THE TWO-PART PROCESS, COULD HAPPEN AT ANY TIME. YOU CANNOT COME OUT OF YOUR DRIVEWAY DOING THE SPEED LIMIT. YOU HAVE TO START SLOW, SEE HOW IT GOES, THEN YOU CAN THROTTLE UP. KUWAIT NEVER REVALUED. THIS IS A MYTH. THEIR CURRENCY WAS FROZEN WHEN IRAQ WAS INVADED. WHEN IRAQ LEFT, THEY FLIPPED THE SWITCH BACK ON. THE SAME THING IS LIKELY HERE…WE WILL JUST SEE THE INVESTMENT CRACK WITHOUT WARNING.
7-28-2015 RUMOR Guru Mnt Goat My next guess is that also very soon we will see this infamous “basket” of laws being announced since they are all inter-connected together and must be implemented all at once to make any sense.
7-27-2015 Newshound Guru sczin11 Article quote: “MONEY LAUNDERING LAW BY OCTOBER OR ISOLATION FROM WORLD ORGANIZATION” THIS IS A HUGE STATEMENT. IT IS NOT A THREAT. IT IS REAL. …A FEW WEEKS BACK WE SAW THE RELEASES REGARDING THE WB AND IMF LOANS, AND THE NEED FOR CERTAIN THINGS TO BE ACCOMPLISHED OR ELSE…THE BLACKLIST…NOW HERE WE SEE, THE DEADLINE…A TIME FRAME… NOT FOR A CHANGE IN VALUE OF THE DINAR NECESSARILY, BUT THE WORDS…ARE CLEAR…APPROVE THE LAWS, AND PLAY HARD BALL WITH THE GLOBAL COMMUNITY…IF NOT, SEVERE IMPACT TO MONETARY REFORM…AND ISOLATION FROM THE INTERNATIONAL COMMUNITY. THE INTERNATIONAL COMMUNITY HAS BEEN SUPPORTING IRAQ, THEIR ATTEMPTS TO CLEAN UP THEIR ACT, AND JOIN TOGETHER WITH THE WORLD…THEIR TIME IS UP…WE ARE AT THE END OF THE ROAD! I DONT SEE EARLY 2016 LIKE MANY HAVE ALREADY STATED…
7-27-2015 RUMOR Guru Bulldog75 An Iraq RV is imminent. The planet finances are beckoning the obvious. Prepare and buckle up. The financial wind currents are getting stronger by the day.
7-27-2015 Newshound Guru Stryker The news just keeps getting better and better with the dinar this month… The top Iraqi dinar news is, Finance Committee secretary Hadi al-Yasiri two days ago made these comments: QUOTE: “the central bank to speed up the application of the project to delete the zeros and make it parallel with the money, which began shortly before laundering law.” Remember that the World Bank and other International financial institutions have given Iraq 2 months or until October to enact the Anti-Money Laundering Act. Does this mean that it will not RV until then? Could be but they may be able to work around that if all blocs agree to pass it thru parliament. I’m under the opinion that the country needs this to take place and the right people are finally in charge, so our chances are better then they have ever been for this project to take place.
7-27-2015 Newshound Guru Kaperoni Article quote: “economic and investment commission parliamentary member Ahmed Kanani that the World Bank and other international financial institutions gave Iraq until next October as the date for the adoption of anti-money laundering law.” Well we see if they can pass this before Oct. There are also several articles that seem to tie these laws to the currency reform. If so, we may begin to see monetary change right after the laws are passed.
7-27-2015 Newshound/Intel Guru BGG Article: “World Bank gives Iraq two months to approve the anti-money laundering law” I mean HOLY MOLY! Basically the WB is giving them 2 months to get this done – Or else…it also portrays the WB has been assuming this would have been handled by now – pretty much guarantee this is the hold-up behind the various “aid packages” and loans…also – I would imagine they know Maliki is the central figure in this problem (money laundering – via the CBI). All I can say is SHAZAAM!! if there were ever pressure on Iraq and the CBI – it is now.
7-27-2015 RUMOR Guru Mnt Goat Earlier in the week I referenced a window approaching for a possible RV opportunity coming close at hand. Well it’s now here and everything is looking fantastic. The hope was that this final vote on Amnesty would have been taken on last Thursday 7/23 or Friday 7/24. However parliament decided to take a short recess until meeting again on Monday and the vote had to be delayed. So lots could happen this week. …I was told over the weekend is that the distribution of the lower denominations depends on the passing of the Amnesty bill. This is why I believe it may in fact get passed this week and we might see our lower denoms distributed OFFICIALLY throughout ALL THE PROVINCES. We all should know what this means…right? The rate has to change in order to do this move. We wait to see what happens this week.
7-27-2015 RUMOR Guru Mnt Goat Last week I also presented you with an article statement from the head of the finance ministry and they told us at that time it was “URGENT” and “THE BEST POSSIBLE TIME” now to complete the process to delete the zeros from the currency (or drop the larger 3 zero notes, the provisional currency). The IMF is also strongly suggesting now it the time. I feel that all the provinces may not get paid oil royalties this week (in fact I am sure of it) but the beginning of the process will show to the IMF and the USA they are making good on the HCL law to distribute these funds…I have told you all along this is something that is NECESSARY to see any RV. We will witness this very soon.
7-27-2015 Newshound Guru OOTW [in your opinion…what do you see/ believe has to be done for an rv to even have a chance of bcoming reality?] MY PERSONAL FEELING IS, THE CLOSER WE GET TO 2016 AND IRAQ’S WTO CONSULTATION, THE BETTER WE’LL BE LIKELY TO SEE SOME KIND OF MOVEMENT IN THE VALUE. BUT…THEY’RE UNDER A LOT PRESSURE… [in your thoughts…whats lacking?] THEY HAVE A WAYS TO GO, BUT REMEMBER WE’RE ONLY FOUR MONTHS AWAY FROM THE BEGINNING OF THE YEAR. REMEMBER JOBOURI WAS GIVEN THE GREEN LIGHT BY THE PRESIDENT, MASSUM, TO PASS LAWS AS HE NEEDS TO. [you believe by the end of the year?] WE ARE MAKING VERY STRONG PROGRESS. I BELIEVE BETWEEN JANUARY AND APRIL OF 2016 – OF COURSE, THIS DEPENDS ON THE TARIFF’S GOING INTO EFFECT, AND HOW CAN THEY ADD THAT FINANCIAL BURDEN TO PEOPLE WITHOUT GIVING THEM PURCHASING POWER.
7-27-2015 Newshound Guru OOTW WE SAW A VIDEO PRESS RELEASE A FEW MONTHS AGO, INDICATING THAT THE 50K NOTE WAS GOING TO BE WORTH 100.00. THAT’S EFFECTIVELY DOUBLE THE VALUE OF THE DINAR, CURRENTLY. THEY COULD ACTUALLY DO THAT, TO SHOW THE WTO THEY’RE ADDING PURCHASING POWER, AND THEN AS THEY NEAR THEIR MEETING AND THE PRIVATE SECTOR GETS FURTHER ALONG, WE COULD SEE A NOTICEABLE INCREASE AS THEY NEAR THEIR MEETING WITH THE WTO. FOR ME, THIS IS A WORSE CASE SCENARIO BUT I PREFER TO PREPARE FOR THE WORST AND HOPE FOR THE BEST. IF THEY CAME OUT VERY LOW…DOUBLE THE VALUE OF THE DINAR…I WOULD THINK SPECULATORS WOULD RUN RAMPANT, SCOOPING UP DINAR. THEY COULD COME OUT LOW AND THEN IT COULD BUMP UP NOTICEABLY IN A SHORT AMOUNT OF TIME…THERE ARE MANY OPTIONS.