Iraqi Dinar Guru opinions 7-30-15
Iraqi Dinar Guru opinions 7-30-15
7-30-2015 Newshound Guru tlm724 Quote: “General Administration of Customs confirmed its readiness to implement the pricing tariff law on imports through border ports of the country, to be implemented from next Saturday…” so there we have it right from the General Administration of Customs that the tariffs will begin on August 1st in full force. the question remains will they tax the people at 1166 dinars per dollar or will they increase the purchasing power of the dinar to offset the burden on the poor? there is much riding on their decisions going forward. …the US Treasury is there, the IMF is there and the UN and World Bank…big meetings going on as we speak with the US Treasury etc. I am really excited!
7-30-2015 Intel/Newshound Guru tman23 [If the World Bank has imposed a 60-day deadline on Iraq, do any of you seeing Iraq trying at all to comply with what they want? Have they approached compliance at all? Are they even talking about it?] The FED COURT ACT… Unless they get this done, all other laws are in question…It appears that they are ready to vote by majority even if the Kurds boycott the vote… They are in dire straits and by the words of the World Bank, time is of the essence…a deadline was placed.
7-30-2015 Newshound Guru Kaperoni Article: “Securities available to the public raise the credit rating of Iraq to facilitate external borrowing” To me, it seems clear the purpose of these bonds is to get the dinar out of the mattresses and pillows and to the banks to buy these guaranteed bonds payable in dollars in 12 months. As a result, the banks get the dinar to circulate and relieve the liquidity crisis as stated…”to provide financial liquidity to limit the financial crisis”. I don’t see the CBI removing dinar or reducing the money supply with these bonds.
7-30-2015 Newshound Guru sczin11 …BASED ON WHAT I HAVE SEEN TODAY, WITH ONE WORK DAY BEFORE THE 1ST, THAT BEING TOMORROW [THURSDAY], I WILL GO OUT ON A LIMB AND PREDICT THE CUSTOMS & TARIFFS … WILL BE IMPLEMENTED AS PLANNED…SATURDAY AUGUST 1, 2015. [If that is the case, will they HAVE to HAVE an RV by then?] WILL PRIME MINISTER ABADI, ALLOW THE PEOPLE OF IRAQ TO SUFFER FURTHER? CERTAINLY WAS NOT PART OF HIS PLATFORM…ECONOMIC REFORM CAN NOT EXIST WITHOUT MONETARY REFORM… CAN PM ABADI ALLOW THE COSTS OF GOODS TO INCREASE, AS OPPOSED TO DECREASE?
7-30-2015 Newshound Guru sczin11 I AM NOT AN ECONOMICS MASTER, BUT I BELIEVE THIS IS MORE A MATHEMATICAL EQUATION, AND GOOD FINANCIAL ADVISING…THE MATHEMATICS IS HOW WOULD THERE BE ENOUGH DINAR IN CIRCULATION, WITHOUT RUNNING THE PRINTING PRESSES 24/7, TO COVER TAXES AT THE CURRENT EXCHANGE RATE? THE FINANCIAL SIDE OF THE EQUATION, IS THAT THE COSTS OF GOODS WILL BE GOING UP, THUS LOWERING THE PER CAPITA LEVEL OF LIVING AND PUSHING THE AVERAGE IRAQI IN A SITUATION LOWER THEN TODAY, IF THAT IS EVEN REMOTELY POSSIBLE. THIS IS A CRITICAL TIME FOLKS..
7-30-2015 Newshound/Comedian Guru Mountainman Article: “Iraqi Government Declares 4-Day Holiday Over Severe Heatwave” Quote: “Iraq’s Council of Ministers has declared a four-day mandatory holiday beginning Thursday as temperatures are set to soar above 50 degrees Celsius (123 degrees Fahrenheit).” You see The MONETARY REFORM is sooo HOT…..They have to move that Rate for Liquidities sake!!! lol
7-30-2015 Newshound Guru Adam Montana [Tell me your opinion on the dynamics of this administrations deal with Iran…Can this dynamics change delay or torpedo the RV along the CBI’s previously stated targets for revalued currency?] The deal with Iran is definitely going to have an impact…In my estimation, this should push Baghdad to move quicker, which would also push the need to revise the value of the currency.
7-30-2015 Intel/Newshound Guru Poppy3 Press Release: “The head of the minister for economic affairs adviser appearance of Mohammed Saleh, Wednesday, that the application of the decision tariff will not change schedule will apply on time.” …DR SHABIBI STATED THE TARIFFS WOULDNT EVEN FUND THEMSELVES AND THE THREE THOUSAND WORKERS IT WILL TAKE TO COLLECT IT WITHOUT a rate change? SOUNDS LIKE EITHER SOME DEAL HAS BEEN MADE OR ITS ONLY A PARTIAL TARIFF OR WHO KNOWS WHAT UNLESS WE SEE A RATE CHANGE. TIME WILL TELL AND EITHER WAY WE WILL BENEFIT FROM THE NEW RATE THAT IS COMING.
7-29-2015 Intel/Newshound Guru tman23 Anytime they get close like 2012…a group reacts with creating chaos to delay the process…as like the removal of Shabibi after Abadi announced the change… So now we are witnessing some real reactions across the board…since start of July it has gotten crazy insane…and the contradictions are numerous in all articles and actions… So if using confusion as an indicator…We are on the door step…waiting …to ring the bell…
7-29-2015 Intel/Newshound Guru Poppy3 [there was an article posted…about tariff collection in august being delayed. Does anyone know how/if this affect our investment?] YES THATS TRUE BUT THE REASONS ARE ALWAYS DISTORTED IN TRUTH…MAIN THING IS THEY CAN’T COLLECT TAXES TILL THE RATE CHANGES. THE LOANS WON’T BE FUNDED OR THE BUDGET TILL A NEW RATE. THE BUDGET CAN’T BE FUNDED TILL A NEW RATE…AND IF ALL THIS STUFF IS TO BE IMPLEMENTED, COMPLETED BEGINNING IN AUGUST THEY GOT TO GET THE FIRST THING DONE FIRST AND THAT IS A RATE.
7-29-2015 Newshound Guru Adam Montana […how’s that good ol’ HCL looking like from your point of view after these Ramadan days?] It can’t be far off now!
7-29-2015 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. If you are at all familiar with what has been transpiring in the news from Iraq over the last couple weeks you should be aware of just how close Iraq must be to having its provisional currency revived and going international once again. So let me set the stage for what we are being told is about to happen in Iraq. First…they fully intend to implement their tariffs, customs and taxes on every boarder crossing on August 1st 2015. Second they have told us that by the revenues generated from the tariffs, customs and sales taxes could amount to over 2 billion dinars by the end of September, if implemented on time. How can the citizens afford these sales taxes with the current rate of the dinar?
7-29-2015 RUMOR Guru Mnt Goat Third …just recently the UN has announced that, by implementing the tariffs on August 1st and plugging into the WTO tariff system, they will become a full member in the WTO (World Trade Organization). Fourth- How can a country become a member nation of the WTO and not have an internationally recognized currency when the UN charter specifically addresses this issue in Article 8? We have read articles telling us that the only two pieces left were implementation of the tariffs and currency reform. Fifth we have read just recently an article from parliament finance telling the CBI there COULD NOT BE A MORE PERFECT TIME TO ACTIVATE THE PROJECT TO DELETE THE ZEROS than immediately. Can you see what is about to happen?
7-29-2015 Newshound Guru Adam Montana Well, here we are… [Ramadan] is over, and things are starting to pick up again. ISIS is becoming less and less of an “item” in the daily news, which I expected. There is news of progress on the HCL, but no official movement as of today. That really sums up the whole situation. We need some strong HCL news to get really excited, and until that happens we are in a holding pattern. I have eyes, ears, and boots on the ground that are keeping me very up-to-date on the important stuff, and as soon as I get word that we’re close I will let you know!
7-29-2015 Newshound Guru My Ladies Article quote: “Disable always on Thursday to next Sunday due to high temperatures” [Temps in Bagdad: Wednesday Clear 119°92°; Thursday Sunny 124°91°; Friday Sunny 123°92°; Saturday Sunny 122°91°; Sunday Sunny 121°90°] IRAQ IS ON AN OFFICIAL HEAT HOLIDAY UNTIL NEXT WEEK. IT’S HOT HOT HOT AND THEY DON’T ALL HAVE A/C. YEP THEY NEED A HEAT HOLIDAY.