Iraqi Dinar Guru opinions 8-6-15
Iraqi Dinar Guru opinions 8-6-15
8-6-2015 Intel Guru Frank26 [When Iraq goes to international status, simultaneously, will the currency go up in value? Does the country have to be international to sell the international bonds?] If it does not offer an International Rate of Interest … Not even a skeleton will buy these dry International Bonds of Iraq. [Does your team still think that the International Bonds will go on sale August 18th?] That is 365 days for A [Abadi] to keep his promise that if not fulfilled will trigger M [Maliki] to react against him. As for DB ( Domestic Bonds)… iMO … The FIRST of them are being sold NOW. [URGENT FROM IRAQIA TV: CBI WILL HOLD A CONFERENCE NEXT SAT AT 10 AM AT SHERATON ISHTAR HOTEL.] No one knew of THIS “CBI” MEETING …When was the last time YOU saw a CBI meeting? And B 4 the 18th.
8-6-2015 Newshound Guru Millionday Article quote: “The bank has taken a series of decisions in recent weeks to stabilize the local currency after the dinar dropped against the dollar to 1,400 dinars to the dollar.” SO REMEMBER THE 90 DAYS CBI ANNOUNCED AND THEY ARE STATING HERE THAT THEY ARE TAKING STEPS TO STABALIZE THE DINAR… THEY ARE WORKING TO MAKE THE DINAR STRONG AND GAIN CONFIDENCE…RIDDING THE COUNTRY OF USD ON THE STREETS. [How are they ridding currency… when yesterdays auction was 352 million?] THE AUCTION IS ATTENDED BY BANKS. [SO where does that currency go?] CBI. [when did the 90 day announcement come out?] ABOUT A MONTH AGO. [didn’t the IMF OR the UN ..or was it world bank give a 60 day window to act? if so when was that?] YES THEY DID AND IT WAS ABOUT TEN DAYS AGO.
8-6-2015 Newshound Guru Adam Montana [I was wondering what you think is the underlying cause for the delay of the RV?] I want to answer it in a way that might change how people are looking at this. You believe that the RV is being delayed, but what if it’s not actually delayed… and things are actually proceeding exactly as planned and needed? When people think the RV is “delayed”, that’s because they think it was “scheduled” for an earlier date. It’s my opinion that the change in the value of the dinar has been and always will be a very careful process, and it probably doesn’t have a specific date. In order for the RV to be successful, we have always needed a specific situation to be present. Way back in the very beginnings of this site, I always said we need 3 things: GOI, CH7, and HCL. We have GOI. We have CH7. Now we just need HCL, and we are really really close!
8-6-2015 Newshound Guru Aggiedad77 Article quote: “…the central bank in a statement received (WAM) a copy of that “will be announced the launch of 5 trillion dinars loans to banks Bank convened a press conference on Saturday.” Some of you are quick and picked up on this being the topic for Saturday’s meeting but who can grasp the meaning of such a meeting at the Sheraton…why there and why now…They have put money on the street in the recent past, but not with this kind of fanfare…and notice who will be in attendance at this “conference”…Deputy PM Shaways…CBI Governor…ministers of Finance, agriculture, industry, housing, businessmen and investors…oh and a few from the Finance Committee…why all this to roll out a loan process of 5 trillion dinars…I think like Frank [Guru Frank26…reference post 8-6-15 below] said, the world is not likely to grasp the meaning of this “conference”…it sounds like it is to be something…much more than just an “announcement” for that could have been done at the steps of the CBI…keep your eyes peeled.
8-6-2015 Newshound Guru Adam Montana [can we expect the rv This year…?] There is a great chance that it’s this year.
8-6-2015 Newshound/Intel Guru BGG Quote: “…the International Criminal Court to expedite the arrest of Nouri al-Maliki process before likely smuggled to Iran”. Looks like they might move on Maliki soon.
8-5-2015 Intel/Newshound Guru tman23 When and IF the huge exchange for IQD takes place, the exchange and purchase will require newly created money…which will require a “plan to sterilize” the over supply of domestic money…When you get to the “meat” of what is described as an elusive RV…it’s not elusive…it is not just as easy as flipping a switch. There are so many damaging domino effects in different economies who would pay for the large exchange of the IQD. The control measures have to be absolute…So then we have to believe that it takes more than a few people to prepare for such an event which contradicts that only a few people know. All we can do is wait and see how they make the change and how it affects our IQD holdings. They are in the process.
8-5-2015 Newshound Guru Chattels […with the state of corruption, security problems, Maliki etc, do you believe they could begin to handle and sustain a rate increase?] It is possible if for no other reason than I do not think that we have all of the information and we will not have information that will allow us to anticipate a favorable rate change – it is supposed to be non – transparent… it is a national secret…in , to and for Iraq. [let me put it another way, if this was a house being built, do you believe the foundation is solid enough?] it has the potential, but the when of it all is the abiding question I think.
8-5-2015 Newshound Guru Adam Montana There is a lot of buzz about a couple of major dinar dealers getting shut down or investigated. It really has nothing to do with “dinar”. It’s about how they did business. The dinar is still NOT a scam. There is great potential for the Iraqi Dinar to rise in value, be it a little or a lot, and we all have every right to own it, hold it, and gain from it. …there’s a lot going on, and even a little excitement building amongst my closest Iraqi contacts, but as of right now – no HCL, so no RV. That’s the bottom line. In a nutshell, the IMF is actually putting pressure on Iraq to get moving, and the timeline is less than 2 months. I’ve always said that the IMF can’t force Iraq to RV, or anything else for that matter. The CBI and GOI will do what it wants, when it wants… but this is looking like good pressure on Iraq, and that’s part of why my contacts are starting to crank up their enthusiasm.
8-5-2015 Newshound Guru sczin11 [I’m told it is not implemented…tariffs.] THEY ARE IMPLEMENTED. THE TARIFFS ARE A WASTE OF TIME WITHOUT AN INCREASE IN PURCHASE POWER…THAT IS EXACTLY WHAT WE ARE SEEING IN THE NEWS NOW…JMHO. THE PEOPLE CAN NOT PAY MORE THEN THEY ALREADY CAN NOT AFFORD. [ I think the fact that the tariffs are in place and the country is in an uprore about it will bring the change we need to bring up the value…now they will demand that the laws be put into place to move the country forward.] IMHO, THEY WONT MAKE IT LONG ENOUGH UNDER THESE CONDITIONS, TO PASS LAWS SOME CLAIM ARE NEEDED..JMHO.
8-5-2015 Newshound Guru sczin11 THE AGENDA THRU AUG 15 ALREADY PUBLISHED. THE “IMPORTANT” LAWS ARE NOT INCLUDED…NONE OF THEM. TODAY RELEASE, COMMITTEE FINALLY READY WITH INVESTMENT LAW AMENDMENTS…READY TO BRING FOR A VOTE…BUT MUST GET ON AGENDA FIRST. ANY OTHER LAW, NOT READ YET, AT A BARE MINIMUM, IF THEY STICK TO WHAT OUR UNDERSTANDING OF CONSTITUTION IS, WILL TAKE A MIN. OF ONE MONTH TO GET TO THE GAZETTE. YOU CANT HAVE TARIFFS, SAY THE PRIVATE SECTOR IS THE KEY TO OPEN MARKET WORLD ECONOMY, WTO, ETC…WITHOUT PURCHASING POWER… I AM SIMPY RANTING RE THE NEED FOR ALL THE LAWS, IN ORDER FOR THE COMPLETION OF THE MONETARY REFORM.
8-5-2015 Intel Guru SteveI [You have been confident before & the RV did not happen. Is there anything different this time around?] Yes, that is very true, ISIS was not part of the plan which sure caused many problems for not only Iraq, but other countries as well. I personally think this was a huge set back for Iraq, but they will get control and push forward and be the powerful country that their assets can back up.