Iraqi Dinar Guru opinions 8-5-15
Iraqi Dinar Guru opinions 8-5-15
8-5-2015 Newshound Guru OOTW TODAY WE SAW A GREAT PRESS RELEASE FROM KEYWORDS – AN ACTION PLAN FOR ASSIGNING VALUE TO THE IQD! Article “Financial crisis: devaluation of the Iraqi dinar is it the solution?” WHEN THEY SAY “DEVALUATION” THEY MEAN LOWERING THE FIGURE IE AMOUNT OF THE FILS -MOVING CLOSER TO THE VALUE OF A DOLLAR…IN EFFECT “LOWERING” THE NUMBER, IE, MAKING IT “DEVALUED” BUT IN EFFECT, INCREASING THE VALUE AS THE NUMBER AMOUNT/FILS OF THE DINAR ARE REDUCED.
8-5-2015 Newshound Guru OOTW Quote: “REDUCING THE LEAD OF THE NATIONAL CURRENCY” THIS LINE IN COMPARISON WITH THE TITLE OF THE ARTICLE, LEADS ME TO BELIEVE THEY ARE SIMULTANEOUSLY STATING THAT THE DINAR HAS LOST ITS RIGHTFUL LEAD POSITION IN THE IRAQI ECONOMY – AS WELL AS A POSSIBLE IMPLICATION THAT THE LEAD ZEROES MAY NEED TO BE REMOVED, THUS ADDING VALUE. THIS ARTICLE MAKES IT SEEM AS IF THEY’VE A LONG WAY TO GO…TRULY, MUCH OF THIS HAS BEEN , OR IS ALREADY BEING WORKED ON… IMHO, OUR HOLDING IN THE DINAR – AND THE FORWARD MOVEMENT OF WATCHING FOR AN INCREASE IN THE VALUE…REALLY JUST GOT STARTED IN SEPTEMBER, LAST. WE TRULY ARE MAKING GREAT PROGRESS…PLEASE EVERYONE, BE PATIENT…
8-5-2015 Newshound Guru Enorrste Quote: “The Federal Reserve’s primary method of reducing the money supply is to sell Treasury securities; more simply put, they sell government bonds. This is often referred to as contractionary monetary policy. By selling bonds to the public (including commericial banks, financial institutions, and the average citizen/investor) the Federal Reserve sells a bond and takes cash out of circulation.” First, selling bonds reduces the money supply rather than increasing it. This is basic economic monetary policy. Second, it seems clear…that the CBI will remove the dinars that they receive from circulation, thereby putting upward pressure on the value of the dinar. The important thing here is that the bonds are being issued in order to reduce the money supply while at the same time making it possible for infrastructure loans to be made by the holder of the bonds.
8-5-2015 Intel Guru SteveI [Do you still thinking the rate will be 3+ range?] Yes, I believe based on the region they are in and oil sharing with Kuwait, anything less would not work.
8-5-2015 Intel Guru Frank26 [Once upon a time many years ago…a man named XXX said the layaways would have to end…right before… IMO…] OK…Here it is: iMO … Powers do not want Layaways sold any longer. You know why? Cause they are GUARANTEED over a 30 to 60 day period. if…If…IF… The RI/RV is near…This has to stop…This is a Fact of DRS [Dr. Shabibi] MR [Monetary Reform] of his CBI’s Dinar.
8-5-2015 Newshound Guru Kaperoni “The central bank plans to put up for the benefit of financial bonds worth two billion dollars” As far as I know, these are domestic in country bonds being sold. International or bonds sold to the world market is scheduled for the end of this year..not at this time. There is a good chance if the GOI funds the budget (increase in oil prices, or other sources) they will not even issue the international bond sale. It is a last resort IMO to make meet the deficit.
8-4-2015 Newshound Guru sczin11 [if i remember correctly…one of the stipulations of either the strategic framework or the monetary reform is to be a member of the WTO.] THAT IS DEFINITELY PART OF THE WHOLE PICTURE, BUT THE LAST REQUIREMENT, AS FAR AS I KNOW, IS THEY MUST HAVE A UNIQUE CURRENCY, THE DINAR, AND IT MUST BE INTERNATIONALLY TRADEABLE. THEY NEED A TRUE VALUE TO ENTER THE WTO, BUT THEY DONT NEED WTO TO GET A TRUE VALUE.
8-4-2015 Intel Guru SteveI [What do you think about all of these dinar sites situations? Could this be a hint?] I think it means we are at the end of this ride. I suspected this was going to happen when it got close. We were told to look for this last year by many contacts.
8-4-2015 Newshound Guru Chattels Maliki’s fate may lie with the Shia internal battle ( National Alliance ) to choose their next leader. My sense is that Maliki cannot survive in the margins of political power. He has too many enemies, so if he is not chosen as the leader of the National Alliance then he likely is indeed on the way out and out of the country to Iran.
8-4-2015 Newshound Guru sczin11 I AM ONE WHO PUT A LOT OF STAKE IN THE TARIFFS…AND I WILL REITERATE MY RECENT OPINIONS. AT THIS MOMENT, THE IMPLEMENTATION OF THE CUSTOMS AND TARIFF LAW, IS DOING JUST THE OPPOSITE, OF ITS INTENDED PURPOSE. IT WILL NOT HELP TO REDUCE THE BUDGET DEFICIT, WHICH WAS A RECENT ADDED HOPE DUE TO THE FINANCIAL CRISIS THIS YEAR. IT CAN NOT REDUCE, IF GOODS ARE NOT PURCHASED. GOODS ARENT BEING PURCHASED CAUSE THE EXPORTERS DONT WANT TO PAY, AND THE IMPORTERS ALREADY PRICED TO HIGH FOR THE AVERAGE CITIZEN, CANT INCREASE RETAIL PRICES TO REFLECT THE INCREASE IN THE COST DUE TO THE TAX. SO WITHOUT AN INCREASE IN PURCHASING POWER, WHICH WILL ALLOW THE IMPORTER TO BUY MORE FOR THE SAME DINAR THEY CAN NOT REDUCE THE COST TO THE END USER, THE IRAQI CITIZEN, TO MAKE THE GOODS MORE AFFORDABLE. THE PRIVATE SECTOR CAN NOT BEGIN TO PROSPER UNDER THESE CONDITIONS…SO YOU SEE, THE VICIOUS CYCLE HERE.
8-4-2015 Newshound/Intel Guru BGG [If they can only muster 200-228 to vote on insignificant laws…how could they ever get a super majority for the important ones?] they have called for international mediation (just over the weekend) on such issues. Could be the world powers will help “persuade” the Shia “leadership” to act right. they are aware of their short comings and have asked for intervention… all in ink… [also the world bank is watching!] with a MASSIVE hammer in their hand. [does the 60 day deadline have ANYTHING to do with an International rate?] IMHO it has EVERYTHING to do with a rate – the WB/IMF has (essentially) told them to get their AML policies in order or they will WOP them back to the stone ages (in currency value). aka – BLACKLISTED…that does not appear to be a hollow threat… and it would seem directed at Maliki and his cronies.
8-4-2015 Newshound Guru Stryker “Large Reserves Will Raise IQD Exchange Rate” …the $10 billion that was spent out of the reserves from 2014-2015 was not a waste and a good thing for the Iraqi Dinar and it’s upcoming raise in value, according to…economist!