Iraqi Dinar Guru opinions 8-26-15
Iraqi Dinar Guru opinions 8-26-15
8-26-2015 Newshound Guru Aggiedad77 PM Abadi stood up to an Iranian General today whose sole purpose was to make a deal for Maliki to keep him out of court and prison…Abadi would not budge on the issue… IMO…step one of Maliki’s demise…Abadi proved he will not knuckle under extreme stress…but Abadi won this round…is it over…no…but Abadi knows what needs to be done. He has the backing of the Iraqi religious authority, he has the backing of the people, he has the support of COM, and he has the support of President of the Republic Masum…the ball is in his court I believe…I can’t say why he won’t arrest Maliki…but I believe his time grows short…watch what happens over the next few days… In closing and summing this all up…PM Abadi spoke today with a strength that I don’t think had previously been exhibited…he’s taking actions through his reforms…and …there are more reforms coming…pay attention to what he does…he is a very smart man and will not be outplayed…IMO.
8-26-2015 Intel Guru Frank26 …what is Maliki up to…IOO…he’s made a deal…[you mean in Iran?] well yes but that was intended…IMO Maliki has made a deal in Iraq to stay out of the courts, to stay out of prison…Maliki needs to be tried before the citizens of Iraq…he needs to be held accountable for any and all atrocities that he is complicit to…
8-26-2015 Newshound Guru Kaperoni Article quote: “The policy now is to meet the demand for dollars,” Waleed Eedi, a director general at the Central Bank of Iraq, said by telephone on Monday. The reserves won’t be depleted because of oil sales and the dinar won’t devalue, he said.” It’s a doom and gloom article from Bloomberg and we already have seen the articles asking to devalue the dinar a few weeks back. The CBI was clear that was not an option and reiterated that in this article.
8-26-2015 Newshound Guru My Ladies Bloomberg article: “How a Currency Crisis in Iraq Risks Fight Against Islamic State” [It appears that the two authors…are stating that the CBI will be forced to devalue the IQD. However, the CBI is saying “no way, no devaluation”.] IT’S ALL JUST MATH…OTHER EMERGING MARKETS ARE LETTING THEIR PEGS GO DUE TO PRESSURE ON THEM…I DIDN’T THINK IRAQ WAS FEELING THAT PRESSURE YET. I KNEW THE PRESSURE WOULD BE INTENSE ONCE THEY STARTED TRADING THE DINAR GLOBALLY BUT I DID NOT SEE THIS COMING. WE HAVE NO CHOICE BUT TO WATCH SO THAT’S WHAT WE’LL DO, BUT I WAS THINKING IRAQ WOULD REACT ON THE OTHER SIDE. NOT NOW. [How Do You Devalue A Currency That Is Not Tradable?] WELL…THAT’S THE QUESTION…HOW IS THERE PRESSURE IF IT’S NOT TRADING? …AND WHY DID THE CBI NOT JUST SAY WE DON’T TRADE – WE DON’T WORRY? [Why Out Of All The Countries To Talk About Is Bloomberg Talking About Iraq?]
8-26-2015 Newshound Guru Millionday [Are they going to redraft the HCl again and again? I thought it’s done?] THEY ARE GOING TO DIVIDE UP PORTIONS SO THAT THE NATIONAL OIL COMPANY POLICIES DO NOT HOLD UP THE REFORM PROCESS ACCORDING TO WHAT I HAVE READ. KNOW THE HCL IS BEING PUSHED IN A HURRY AND CBI HAS STATED THAT THE TIMING IS RIPE — THIS IS A VERY EXCITING TIME.
8-26-2015 Newshound Guru firefly Contrary to popular belief …They will NEVER hold a press conference to announce the RI/RV! They will announce events that should indicate that something is up. So far the 3 laws I’m looking for have NOT been IMPLEMENTED…yet. The most important of the 3 IMO is the anti-money laundering law. Tariff Law IMO will be AFTER the fact. Border Tariffs! Investment Law is crucial as well. Those 3 effect the Global economy. Yes many laws are still needing implementation for the nation of Iraq but not for the monetary reform. HCL is very much needed for IRAQ! Could it be put off? Of course it can…for much longer? IMO…heck no! IMO it will be a “Domino Effect”. Yes, we are definitely in the moment of a historic event. STOP looking for dates and windows…Timing my friends…TIMING!
8-26-2015 Newshound Guru Aggiedad77 …from the news…we can see that PM Abadi’s reforms…the reforms that the people demonstrate about and cheer about…the reforms that the highest religious entities in Iraq are completely in favor of…The reforms that both the COM and Parliament have thus far backed without question….these reforms are very much a part of the lava flow for Iraq…These reforms are putting in motion the very core of the magma that pushes forward in a manner that will bring about success for their economic recovery as well as the monetary reform that is imperative for all that they seek and do. Abadi is in control….remember that…yes there are what we see as loose ends but I’m of the opinion those loose ends for right now are necessary to get Abadi to the point where he truly needs to be with the reforms that we have yet to see.
8-25-2015 Newshound Guru OOTW THE GOVT IS STILL MOVING FORWARD WITH NOTICEABLE MOMENTUM TO ADDRESS CORRUPTION, PRIVATE SECTOR DEVELOPMENT , GOVERNMENTAL AND JUDICIAL REFORMATION AS WELL AS THE CUSTOMS/TARIFFS.
8-25-2015 Intel Guru Frank26 The HCL is in the budget…as has been stated in the past…therefore no need to have it read in Parliament… IOO…it is a part of the “long line”…also IOO…the laws that are being worked in Parliament, at least the major laws will be…IOO…the trigger for the “long line”.
8-25-2015 Newshound Guru OOTW Press Release: “Director General of the General Administration of Customs receives economic Representative at the US embassy” IT’S GREAT THAT WE ARE SEEING THAT THE US EMBASSY HAS PAID A VISIT TO THE CUSTOMS DIVISION, BECAUSE…WE CAN SEE THAT THE CUSTOMS DEPT IS GETTING PREPARED TO IMPLEMENT THE FEES, TAXES/CUSTOMS/TARIFFS FOR GOODS AND SERVICES…
8-25-2015 Newshound Guru Millionday Article quote: “…the fight against administrative corruption and financial, is the cornerstone of achieving the government program goals in the reform, which received strong support from all popular forces loyal to Iraq, and achieve victory over the forces of darkness and terrorism that have caused destruction to the Iraqi people and the Iraqi economy…” THE HOLD-OFF OF REFORMS DUE TO TERRORISM DOES NOT MAKE SENSE AT THIS TIME — THE REFORMS ARE EXPECTED TO HELP IN THE ISSUES THEY SUFFER… [So Abadi is not going to hold off on the reforms? I think there was an article earlier that said that he was going to.] NOT ACCORDING TO REPORTS THAT I HAVE CONFIDENCE IN — REFORMS ARE IN THE PROCESS ALREADY BY WHAT I READ.
8-25-2015 Newshound/Intel Guru BGG Article quote: “Ft MP for the coalition of state law Hassan Sinead, his resignation from the membership of the House of Representatives. It is likely that the resignation of Sinead be a prelude to re-seat parliament to al-Maliki after limbering included government office in addition to the pursuit of obtaining the legal immunity…” just because they say they are giving Maliki a seat – or someone is giving up their seat (more like Maliki bought it) means he will retain immunity – or they won’t arrest him anyway… especially with the crimes he is CLEARLY accused of. There is plenty of precedent for him to have his “immunity” lifted and be arrested immediately – this is a weak tactic… but it tells you a lot about the struggle going on right now.
8-25-2015 Newshound Guru Millionday Article quote: “…Governor of the Central Bank of Iraq on the Keywords, Monday, that the current conditions are in place so that there is a reconsideration of the Iraqi financial system.” CBI GOVERNOR SAYS THAT THE RIGHT TIME IS NOW. CBI IS HAPPY WITH THE TIMING AND OBVIOUSLY THE GOVERNMENT IS AS WELL. I DONT EXPECT TO HAVE ACCURATE TIMELINES/SCHEDULE FOR THE PROCESS RELEASED… BUT WAS VERY EXCITED OVER THE PROCESSES BEING DISCUSSED ETC. …ACCORDING TO REPORTS I AM SEEING…THE TIMING IS PERFECT OR AT LEAST RIGHT AND BEING ACTIVATED /APPLIED.