Iraqi Dinar Guru opinions 8-22-15
Iraqi Dinar Guru opinions 8-22-15
8-22-2015 Newshound Guru Breitling An article came out and a lot of people are scared about the idea of a LOP…look, this is a repeat [article]. The biggest indicator for a lop is they wouldn’t reduce the note count…they wouldn’t need to…they’d just take the 3 zeros off and that’s it…that’s the indicator. If they are physically reducing the note count…They have reduced the note count from 9 billion to 6 billion to 4 Billion to whatever they’re at today and that includes taking away the 50 dinar note. They can’t reduce the note count like that AND take the zeros at the same time. If you go back to the minister of finance’s plan what is it? To get the dinar to the US dollar….that’s it. What do they have to do to maneuver to do that? They have to reduce the note count. They have to get US dollars out of the market.
8-22-2015 Newshound Guru Breitling Just going by math and looking at what’s going on in Iraq….I haven’t seen anything negative. There is nothing out there stopping this. It’s simply not going to happen. Iraqi people need purchasing power. But the CBI has to do it correctly. They can’t just push a button and all of a sudden there is value behind their currency. They have to make sure it can be stable and it can grow and they can control it…that’s the most important thing. Other countries and companies won’t invest in Iraq unless it has that type of control.
8-22-2015 Intel/Newshound Guru tman23 I have “heard” that today the 21st “they” were given 3 weeks to complete the laws… (I don’t know what laws, and I do not know who is delegating the directives) AND…Moshen Ismail [gov. of CBI] has submitted his resignation…The resignation by law requires a 30 day notice…And expect Sept 8th a new CBI governor to be appointed… There is no “ink” on this and I don’t expect to see it in the press until the announcement…
8-22-2015 Newshound Guru Millionday Article quote: “The International Monetary Fund forecast on Wednesday, the Iraqi economy growth of 0.5% by the end of this year, thanks to expansion in the oil sector, and increase the contraction of economic activity in the non-oil.” THE INCREASE OF NON-OIL IS ALL OTHER PRODUCTION OTHER THAN OIL CALCULATED WITH GDP. THE IMF FIGURES REPRESENT THE ACTIVATED REFORM RESULTS…THE IMF IS HAPPY WITH THE REFORM PACKAGE AND HAS ADJUSTED ALONG WITH REFORMS PREDICTIONS OF GROWTH FOR THIS YEAR.
8-22-2015 Newshound/Intel Guru BGG [do you really feel Iraq can pull off a increase in value before the end of Sept or do you feel it may take longer?] I think – as soon as Maliki is fully “dealt with” and some resolution comes to the Gov of the CBI – the door is wide open to monetary reform. THAT IS EXACTLY what I think… and all of that can happen very, very quickly.
8-22-2015 Newshound/Intel Guru BGG [How will $40 oil affect an RV…at one time it was said that $100 oil was needed?] IMHO – not at all, I don’t agree with $100 oil being required. In fact, if one ascribes to a “short move” or “emergency currency reform” as a short term budget deficit “bridge” – then $40 oil is not a problem – but a catalyst for change.
8-22-2015 Newshound Guru Aggiedad77 Article: “Foreign Policy: Iraq is not a lost cause” The Iraqi Ambassador to the US begs to differ with some within the US regarding the situation in Iraq today…some look inside the country and only see a bleak and black future, one of separation…however the Ambassador says that Iraq is not a lost cause, Iraq’s strength he says lies within their unity as a country a unity that is built upon integrity and a bonding between previously warring entities that are currently working together to push DAASH out of the country…that are working together today in support of reforms being proposed and implemented by PM Abadi and his government…he asks that US leadership not promote separation but instead stand with Iraq for unity because Iraq is not a lost cause.
8-21-2015 Intel Guru SteveI This is very complex and I had no clue as to all of the things that have to get done and be in place. A huge undertaking. [With all the news that we have read recently, was hoping to get…input on where we are, and where we’re headed.] … Iraq is moving forward not backwards like some are implying. Yes, I would like to see things move a bit faster… I do have some positive news but I have not had a chance to verify it from additional sources. It is very positive.
8-21-2015 RUMOR Guru Mnt Goat As we know Maliki traveled to Iran with a delegation from his party. I believe his intent was to defect to Iran since he also traveled with his family. Once there he was asked to return to Iraq. He is now back in Iraq… Abadi is moving quickly on the clean up of the Judiciary system to get the Judicial Reforms implemented. This will clear the way for any obstacles for many future reform objectives including bringing Maliki and his goons to their final demise thus stopping the stalling of needed legislation to complete the Reconciliation efforts agreed to be completed by mid September. These reforms are moving lightening fast.
8-21-2015 Intel Guru Frank26 [HOW SOON DO YOU EXPECT THE LAW [HCL] TO BE ENACTED?] IOO…M [Maliki] has never wanted the RI/RV…Then he would have to share what he stole. IOO…The MR [Monetary Reform] and HCL are Siamese Twins…They need each other in order to live and bring life to others. This part of the Reforms has picked up speed with the terroristic M and his minions removed. The Tariffs are for the IMF…The HCL is for the CITIZENS…The RI is for Budget…The RV is for us. My opinion…Would quickly be turned into a DATE. Suffice it to say…We look at Allack leaving around the first week of October. Why? Because the GOI builds it for the arrival of DRS [Dr. Shabibi] and the CBI’s MR [Monetary Reform]. REFORMS in many forms. Right now. Not…2016 or 2017.
8-21-2015 Newshound/Intel Guru Bluedog HCL…HOT IN THE NEWS GOING TO PARLIAMENT AND WE KNOW ALL THE OPPOSERS ARE GONE. THE ONES LEFT WILL BOW TO ABADI BECAUSE THEY WANT TO BE LEFT ALONE AND NOT BROUGHT INTO THIS CORRUPTION FILE…IMO…HCL…HAS BEEN SHELVED AND AGREED UPON FOR SOMETIME.
8-21-2015 RUMOR Guru Mnt Goat The news has never greater as these reforms progress…So the news of this week is the coming of the second set of reforms as Abadi promised…We are beginning to see these new reforms (phase II) take shape. Be patient I believe the redenomination meaning the deletion of the zeroes is in this second set of reforms…watch for the completion of these reforms and you will see the light at the end of this RV tunnel.
8-21-2015 Intel Guru Aggiedad77 …interesting news overnight…from the appearance of things….it looks as though Maliki…is looking in all directions for his future…he fails to see though the handwriting upon the Green Zone wall…his welcome mat is being pulled out of from beneath him…he is quickly becoming a pauper for they have taken away his toys and pretty things…the plane…the plane…the nice shiny gold bars…all the colorful currency…they are disappearing…his pockets will soon be turned inside out…The strength of Iraq does not come from embezzling politicians any longer, the strength comes from those who are ready for reform, those who stand for a new Iraq that is breaking chains left and right as they prepare to show the people and the world they can survive by focusing on integrity and honesty…kicking the old corrupt ways to the curb…watch for it…the BEST is yet to come.