Iraqi Dinar Guru opinions 8-31-15
Iraqi Dinar Guru opinions 8-31-15
8-31-2015 Newshound Guru Millionday “…the Central Bank of Iraq will extend the sales in nominal bond futures delivery in the currency of the US dollar (bearer) on behalf of the Ministry of Finance to be one of 2015/9/1 and up to 2015/9/30.” SO THE BONDS ARE GOING TO SELL WITH THE DOLLAR BACKING ONLY UNTIL SEPTEMBER 30TH…THE BOND EXTENSION IMO WOULD BE TO REACH THE GOAL THEY HAD SET… [Does this mean they will not rv until they are done with the bond sales in the us dollar?] NO THE US DOLLAR WILL BE IN COUNTRY FOR OIL SALES INDEFINITELY…IT REALLY GIVES NO INDICATION OF ANYTHING BUT JUST A TIMELINE OF THE SALE OF THE BONDS AT THIS POINT — NO ADDITIONAL INFO HAS BEEN RELEASED CONCERNING THEM.
8-31-2015 Intel Guru Delta THE CBI DID EXTEND THE SELL OF BONDS ANOTHER MONTH, UNTIL THE END OF SEPT!!! SO MY Q TO YOU…IS….. WHY DID THE CBI DO THAT ? [Could it be because the bonds are not selling.] BINGO WE HAVE A WINNER!!! MY 2ND Q WILL BE WHY NO ONE IS BUYING IT?
8-31-2015 Intel/Newshound Guru Poppy3 heard again last night the hcl has been divided into 3 parts and they are to implement the part or 1/3rd of it that will allow abadi to get the rate released and fulfill a large portion of the rest of the 2015 budget. LETS KEEP OUR EYES ON THEIR MOVEMENT OVER THE NEXT COUPLE DAYS WHAT WATCH THEIR ACTIONS IN THIS DIRECTION.
8-31-2015 Intel Guru DELTA WITH THE CBI GIVING ANOTHER MONTH AT 1095 TO SELL BONDS, SEP IS OUT THE WINDOW, OUR NEXT TARGET WILL BE OCTOBER.
8-31-2015 RUMOR Guru Bluedog THE NATIONAL GUARD LAW…WELL I SEE MOST BLOCS AGREE WITH IT…I SEE THE VOTE HAS BEEN POSTPONED INTO FIRST WEEK OF SEPTEMBER THINK THE 8TH (DON’T QUOTE ME ON THAT)…THEN WE NEED THEM TO ENACT IT…LETS SEE IT IN EFFECT, THEN AND ONLY THEN, WILL I DO SOMERSAULTS…NOT UNTIL I SEE IT IN MOTION…JIMO.
8-31-2015 Newshound Guru Millionday Article quote: “Iraq is expanding in private banks the field, and the Movement of the Iraqi economy needs a banking sector that provides advanced services and has the ability to handle all the customers on the differences individuals and companies.” ALL BANKING REFORMS AND CHANGES IN SERVICE ETC IS BEING RELEASED TO CONSUMERS AND ALSO TRAINED TO A REPRESENTATIVE FROM EACH BANK SO THEY HAVE A RESOURCE AT THE BANK FOR ANSWERS TO COMMON QUESTIONS AND FURTHER TRAINING OF THE BANKING REFORM CHANGES…THE TRAINING WILL BE CRASH COURSES SO THEY CAN MOVE FORWARD QUICKLY — HUGE. THIS IS PART OF REFORM ACTIVATION…
8-31-2015 Newshound Guru Shredd Article quote: “…which will be an important factor in creating excellent investment environment and meet the aspiration of all parties.” That is for sure. When the investment laws are passed, that will truly open opportunities for investors who have been waiting for protections. The banking side has come a long way regarding balances and conversion protections, and now with these laws passed, will position Iraq for some much needed stimulus. Investment = lending = borrowing = commerce = jobs = revenue = taxes. That’s a win/win!
8-30-2015 Intel Guru SteveI I am in this to the end, which should not be too long from now.
8-30-2015 Intel Guru Frank26 […do you think the article is true that DrS [Dr. Shabibi] will be there back in Iraq in time for the banking forum Sept. 15?] Yes…DRS is talking as his voice soon will become the only voice of his MR [Monetary Reform] of the IQD. Coming back…Nice. Now. What do You think will be the first thing he does?
8-30-2015 Newshound Guru Millionday THE BANKING FORUM IS IN TWO WEEKS AND IS A PRESENTATION OF IRAQ`S ECONOMIC REALITY AND THE BANKING DEVELOPMENTS — OBVIOUSLY INTERNATIONAL AS IT IS A GLOBAL FORUM. THE OPERATION OF INTERNATIONAL BANKING WILL BE REVEALED. SO THIS IS TO BE RELEASED INFORMATION OF THE NEW BANKING REFORM OBVIOUSLY DUE TO THE CONTENT AND FOR IT TO BE IN JUST TWO WEEKS — THIS IS EXCITING. THE INTERNATIONAL BANKING SHOULD LOGICALLY COME AFTER INTERNATIONAL ACCEPTANCE. THE DINAR SHOULD BE INTERNATIONALLY ACCEPTED BEFORE GLOBAL BANKING BUT WE WILL HAVE TO WAIT ON INK.
8-30-2015 RUMOR Guru Mnt Goat I will say that we are heading for a great window of opportunity for an RV come mid September and onward. Abadi’s government had until mid September to implement the needed laws to support the necessary reforms, as these reforms are part of his promises made during the negotiations to allow him to take control of the government and to be seated as the new prime minister. Also, resulting from a second Paris Conference in mid June, they also gave him 90 more days to complete the reforms (on corruption) and get in place other laws to support the economy (i.e Investment law and Banking laws, anti-Laundering laws, etc). I believe that if he can be successful we may also see the currency reform finally implemented. Again I am telling you the RV is a by-product of this reform process and not the means in itself. They desperately need these reforms prior to any RV.
8-30-2015 RUMOR Guru Bluedog NATIONAL GUARD LAW…I SAID LAST JANUARY 2014 THAT THIS WOULD BE THE KEY…CAUSE NO INVESTORS TILL PROTECTED. IRAQ NEEDS TO SHOW INVESTOR THEY CONTROL ALL OF IRAQ AND NEED TO DO THAT FAST…SO NEED THAT LAW FAST. THEN CBI CAN MOVE FORWARD. FORGET ALL OTHER LAWS THEY WILL FOLLOW THIS…EVERYONE SAID OR THOUGHT WHAT DOES THAT LAW HAVE TO DO WITH ANYTHING…WELL YOU WILL FIND OUT YOU CANNOT SUPPORT THIS LAW WITHOUT A CHANGE IN CURRENCY REFORM…I LOOK AT HCL AS BOGAS PROPAGANDA… NATIONAL GUARD LAW IS WHAT WE HAVE WAITED FOR SO HCL COULD FOLLOW…AND CURRENCY REFORM ALSO…JIMO.
8-30-2015 Intel Guru Frank26 September will be not just historical for Iraq but for the World. Many countries are about to step into a time warp. Fast changes.
8-30-2015 Intel/Newshound Guru tman23 Remember…June was the end of the road! The Kurds gave Abadi back in October 2014 three months to get the Fed Court Act passed… Abadi asked for June because of all the difficulties… Now before anything moves IMO we need to see the Fed Court Act passed and Medhat booted… otherwise…Laws mean absolutely nothing when you have a corrupt Judge and court who does not enforce them.